The budget has to survive concealed damage and long-lead materials; finishes can be reduced later. I’m working with a preliminary figure of C$372,300 for renovating a 650 sq ft Toronto home described as coastal, covering kitchens, bathrooms, floors, decorating, electrical review and some energy...
I’m not convinced service charges are necessarily the main driver. Financing can narrow the buyer pool, while a motivated seller can create a discount that has little to do with the building’s monthly costs. And 0.2% movement is too small to guide an individual offer without knowing what changed...