I thought about a condo for a little while, just from an investment perspective. But then after thinking about it, and working out the cost per square foot, just didn't seem worth it. Especially for my use since my main reasons for getting a place is a garage, and a media center room for my stereo equipment. Neither of which you get in a standard condo, unless it's a townhouse condo, but then you have the fees.
$600 a year for a street bike is nuts! The liability portion of my 540 is only around $400, and I get to drive that all year round!