I continue to see older Strata units with excessively high monthly maintenance (Strata Fees). Some are in the $700 a month range to boost their Contingency Reserve fund (CRF). I can understand these Strata Corps wanting to get more money into their Contingency reserve funds to help cover the costs of major repairs and upgrades moving forward but boosting your monthly maintenance that high is not the way to go. If a buyer is using a high ratio mortgage to purchase (less than 20% downpayment), which most buyers in this price range will be doing, it can become very difficult to get a mortgage approved for a property where the monthly maintenance is as much as the monthly mortgage payment. This can result in a lot of downward pressure on your selling prices because you are limited in who is able to purchase your unit.