We recently got this question from an owner at one of the communities we manage and thought it was absolutely worthy of its own blog post. The question was 'what do my condo fees actually cover'?
The Condominium Management Regulatory Authority of Ontario (whew what a mouthful) is a body that provides oversight of condominium managers and management firms. They create standards that must be met in order to enhance the integrity of the condominium sector.
We've recently decided to onboard Condo Control Central at two of the condominiums we manage, Solstice 1 and Solstice 2. Condo Control Central is a property management software that touts its communication and tracking systems to be some of the best in the Canadian industry. This blog post is to help our owners learn abut why we use it, and how it can help them.
Condominium living has many benefits. From amenities, to location, and community, there are many reasons why there is a consistent rise in condominium purchases. But when deciding to make the buy, this was probably high on your list of worst case scenarios; Noisy. Neighbours. While the community aspect of living in a condo is great, there always does lie the concern that you may get stuck next to a dud. Here are a few tips on how to deal with that difficult situation.
Over the past few year we've been working tirelessly to get ready for the condominium world. We've shifted team members over to this new brand, and threw ourselves into learning everything we could about condominiums. Between the condominium courses, the influx of knowledge, and all of the various legislative changes, there are few that couldn't argue that it's been a doozy.