Although many of the answers you have received have merit, I do hope you are dealing with an agent that specializes in center city and can give you direction that is specific to Washington Square West if that is where you are hoping to live. It is a very beautiful community with many historic buildings and is close to downtown Center City and Jefferson, Old City,and is home to many wonderful shops and restaurants.
The condo unit that you have selected today is in a very old building, albeit an apparently well kept building, hence the high cost of fees. Any building of this period and age must be maintained and cared for continually by individuals well versed in restoration and care. The center hall is quite beautiful, the brick needs to be pointed, the windows maintained. It is as if you were buying a condo version of "This Old House." Additionally, and here is another significant issue, there is a swimming pool. Fees you pay will cover the insurance for common areas and common elements in addition to maintenance. The cost of covering maintenance and insurance especially for a community element such as a pool can be extremely expensive.
There are many units available in the Washington Square West neighborhood of Philadelphia. Please feel free to contact me via my email if you would like additional information about the community or have additional questions.
Ana Barlow, Coldwell Banker Preferred , Avenue of the Arts Office