New FAQ questions for 30th week of 2009.

A question submitted to Toronto Condominiums FAQ:

Hi Julie, My wife and I are debating whether or not to buy a condo or a house as our first time purchase. We are living in Toronto at the moment and are just weighing the pros and cons of condo living. Mainly the monthly fees that are associated with the condo as opposed to owning a home. i.e taxes on a house are tax deductible and maintenance fees on a condo are not. We are looking everywhere and anywhere for more information. anything that you can provide would be greatly appreciated. »