When shopping for a condo, in addition to price you'll want to consider property taxes and home owner association dues (HOA's). For this unit taxes are $3529 annually and HOA dues are $261 monthly. This will add $560 to your monthly mortgage.
HOA dues often cover monthly expenses such as water, garbage & property insurance and the additional monies are held by the association for big maintenance items - roofs, siding, paint etc . . .
I'm happy to answer any questions you may have regarding condo living.
Richard Canifax, Principal Broker
Fax: 1+ 888-270-0716