Condominium Management
We treat condo groups like individual owners,
we don't keep your information from you.
We setup systems the condo board can own,
control and be involved in (if they want to)
but that we operate on your behalf.
The idea is you won't feel held hostage by us.
We do NOT charge a percentage on top of projects or maintenance, if the task is large
we will come to an agreement on a management rate based on the task or use a third party project manager.
We offer two sets of Services. Accounting and Management
Option 1: Accounting Only $19/unit/month.
The minimum monthly charge is $750
Option 2: Accounting AND Management $23/unit/month.
The minimum monthly charge is $1500
Everything in Accounting Only plus:
Other Optional Services or One-time Charges
Note: the board can do their own site inspections and we will handle notifying occupants for no additional charge.
Designated operating costs (things the condo pays for) are things we pay for and/or supervise on behalf of the condo corp but remain with the condo corporation if we were to cease managing on behalf of the condo corp and are paid for by the condo directly or through us. Examples are:
Residential Leasing (optional, can be per owner or as a pool)
No startup fees
No advertising fees
If the unit is vacant there is no fee.
Management fee is 10% of rent received but we have a minimum of $150 if rent is below $1500.00
$585 reduced to $285 leasing fee for new tenant/move-in within buildings that we manage at the condominium level.
There is NO leasing fee for lease renewals. There is no fee if we need to replace a tenant who breaks their lease.
Included: Showings
Included: Move-in/move out inspection
Included: Advertising
Included: unit photos.
Optional: we are cooperative with condo boards that enjoy some autonomy to hire and follow up with contractors. If you want to be able to contact contractors directly or even hire your own as a board we do not require that you go through us.
Commercial Leasing (optional)
No startup fees
Advertising is direct billed, no markup. Owner input on advertising is welcome.
If the unit is vacant there is no fee.
Leasing fee is 7%, paid monthly instead of up front
Management fee is 3% of rent received paid monthly but monthly min is $150
The minimum monthly charge is $750
- Condo fee collection
- Bank reconciliation
- Payables
- Experience based advice
Option 2: Accounting AND Management $23/unit/month.
The minimum monthly charge is $1500
Everything in Accounting Only plus:
- Maintenance visual inspections
- Contractor bid acquisitions
- Includes Quarterly Site visits/inspections
- Owner/occupant communication
- Legal Assistance by a Broker or CPM (within limitations of the Real Estate Act)
- Planning assistance for assessments, by-laws, insurance, etc
- Does not include major project management. To be negotiated on a per-project basis. The condo board may use additional or third party project managers.
Other Optional Services or One-time Charges
- Payroll: $250/mth per employee
- Contractor bids: 3 bids for $250
- Estoppel certificates $95: $50 for us, $45 for the corp.
- Initial setup or migration of condo corp systems $25/door, min $1000
- Board meetings will be $250/each max 2 hours included.
- Site inspections $150 for 1/mth, $250 for 2/mth, $100 each for 4 or more.
- Tenant or Occupant Customer Service $250/mth
- community website to help occupants with Rules, Information, Notices and submitting non-emergency requests, board email. (have a look at the fully customizable demo at condocorp.ca)
- condo corp specific emergency phone line $100/mth
Note: the board can do their own site inspections and we will handle notifying occupants for no additional charge.
Designated operating costs (things the condo pays for) are things we pay for and/or supervise on behalf of the condo corp but remain with the condo corporation if we were to cease managing on behalf of the condo corp and are paid for by the condo directly or through us. Examples are:
- condo site staff such as cleaners or live in managers
- computers, filing, software or software subscriptions, backups, etc
- security systems
- hourly charged tasks (optional) such as designated on-site availability, meetings
- key, fob, remote & parking management systems
- minute preparations: recordings provided to third party transcription services
- 24/7 Tenant or Occupant Customer Service System
- Emergency Response Dispatch
- community website to help occupants with Rules, Information, Notices and submitting non-emergency requests. (have a look at the fully customizable demo at condocorp.ca
- You choose your own contractors (if you want to)
Residential Leasing (optional, can be per owner or as a pool)
No startup fees
No advertising fees
If the unit is vacant there is no fee.
Management fee is 10% of rent received but we have a minimum of $150 if rent is below $1500.00
$585 reduced to $285 leasing fee for new tenant/move-in within buildings that we manage at the condominium level.
There is NO leasing fee for lease renewals. There is no fee if we need to replace a tenant who breaks their lease.
Included: Showings
Included: Move-in/move out inspection
Included: Advertising
Included: unit photos.
Optional: we are cooperative with condo boards that enjoy some autonomy to hire and follow up with contractors. If you want to be able to contact contractors directly or even hire your own as a board we do not require that you go through us.
Commercial Leasing (optional)
No startup fees
Advertising is direct billed, no markup. Owner input on advertising is welcome.
If the unit is vacant there is no fee.
Leasing fee is 7%, paid monthly instead of up front
Management fee is 3% of rent received paid monthly but monthly min is $150
Other Services provided by SelfManageProperties.com
24/7 Tenant or Occupant Customer Service, $150/mth plus $5/unit/mth. (min $250/mth)
- Emergency Response Dispatch
- You choose your own contractors (if you want to)
- no markup on invoices
- community website to help occupants with Rules, Information, Notices and submitting non-emergency requests. (have a look at the fully customizable demo at condocorp.ca