Condominium Management
We setup systems the condo board can own,
control and be involved in themselves as needed.
No power struggles for transparency and accountability.
We do NOT charge a percentage on top of projects or maintenance, if the task is large and needs support
we will come to a separate agreement on a rate based on the task or use a third party project manager.
Pricing and Services
Administration $23/unit/month.
The minimum monthly charge is $750
Other Optional Services or One-time Charges
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 administration 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
- Bank account setup. fees collected direct to Condo account
- Bank reconciliation
- Payables
- You are not required to use our contractors but you can if you want to. Remember, we do not markup maintenance or repair invoices so we do have not a vested interest in any specific contractor doing the work, only that it is done well, in a timely fashion and affordable rate.
Other Optional Services or One-time Charges
- Payroll: $250/mth per employee
- Initial setup or migration of condo corp systems $25/door, min $1000
- Items below can be all included Full Service (min $1250/mth) provided by our partner WMGI
- Request contractor bids: 3 bids for $250
- Attending board meetings will be $250/each max 2 hours included.
- Attend site inspections with board member to document findings $150 for 1/mth, $250 for 2/mth, $100 each for 4 or more.
- 24/7 Tenant or Occupant Customer Service $250/mth
- optional 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) pricing varies
- condo corp specific emergency phone line $100/mth
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 administration 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.
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