[suburbia]

http://globalnews.ca/news/2108816/do...r-2-3m-repair/

People living in a downtown condo building have been hit with a massive repair bill. Each of the condo owners is expected to pay an average of $45,000 for repairs on the Oliver Gardens building, located at 101 Avenue and 117 Street.
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Owners were given two options: pay the full amount by Sept. 1 or partake in a loan acquired by the condo corporation.

“I did the math on the loan. If I pay that extra $397 every month for 20 years, it actually turns out to be closer to $95,000,” said Lane.
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“Unfortunately, the Condominium Property Act sets out the ability for the board to make that determination that a special assessment has to be done. And they’ve received the notice, and there’s really no recourse for them,” said Masson.