Condominium Property Management Services for the Greater Toronto Area
Our Services
From financial management and administrative support to proactive maintenance and resident communication, our condominium property management services ensure efficient operations and enhanced living experiences for residents in the Greater Toronto Area .
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Document and record management
Board meeting coordination including preparation of monthly management report
Handle daily correspondence including resident inquiries and complaint resolution
Fee collection and financial management of common element fees and maintaining accurate accounting records
Maintain comprehensive records of property-related matters and produce administrative documents such as Status Certificates, Welcome Packages, etc.
Compliance and regulatory adherence to the Corporation’s Declaration, By-laws, Rules, and the Condominium Act
Provide overall administrative assistance to the board and property managers, including scheduling, organizing meetings, and maintaining office operations
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Prepare and distribute Corporation’s annual budget
Generate regular financial statements, including income statements, balance sheets, and cash flow reports, to provide a clear overview of the Corporation’s financial position
Process and pay invoices on behalf of the Corporation on a timely basis
Maintain accurate financial records, including income and expense tracking, ensuring timely payment to vendors and service providers
Follow up on delinquent accounts and produce notices of lien when applicable
Assist in long-term financial planning, identifying cost-saving opportunities and providing financial guidance
Coordinate financial audits
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Manage and coordinate routine maintenance repairs, tasks, and service requests to ensure upkeep of the property
Oversee the maintenance of common areas, amenities, and shared facilities
Conduct regular property inspections and implement annual plan to extend lifespan of assets
Establish and implement emergency response protocols and manage emergency situations
Source, evaluate, and manage relationships with vendors, contractors, and service providers
Ensure compliance with local regulations, building codes, safety standards, proper contractor licensing and WSIB, and implement measures to address compliance issues
Coordinate security measures to maintain a safe and secure environment for residents
Assist with insurance claim processing, conduct risk assessments, and protect property and residents
Rules and regulations enforcement: Ensuring compliance with the community's rules and regulations and taking necessary actions when violations occur.
Conducting Reserve Fund Studies to assess the long-term funding needs of the Corporation
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Collaborate with stakeholders to define project objectives and deliverables and create comprehensive project plan
Assist in the development of project budgets, providing costs estimates
Identify and vet suitable contractors for the project and obtain competitive bids
Navigate necessary permits and regulatory requirements for the project
Negotiate contracts with contractors, ensuring clear terms, and managing contract administration throughout project duration
Implement quality control measures and conduct regular inspections throughout project duration
Supervising construction activities, coordination contractor activities, and ensuring compliance with safety protocols
Facilitate effective communication with the Board, owners, and residents providing regular updates and addressing any questions or concerns
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Provide 24/7 emergency services through emergency line
Manage correspondence and communication channels with residents, owners, and Board Members
Implement and manage communication platforms such as online portals, electronic communication, newsletters, to facilitation efficient communication with residents
Distribute important announcements, updates, and notices to residents
Organize and facilitate resident meetings to promote engagement and input
Provide communication services in resolving conflicts or disputes between residents
Utilize technology solutions such as online portals and automated systems to enhance communication and improve efficiency
Why Alba?
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Industry Knowledge
Backed by an extensive reservoir of industry knowledge, our condominium property management company navigates the complexities of the field with confidence.
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Industry Connections
Through our extensive network of industry connections, we foster collaborative partnerships to leverage valuable resources and deliver unparalleled benefits to your condominium community.
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Company Values
At the core of our condominium property management company lie values of integrity, transparency, and unwavering dedication to exceptional service.
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The Team
Our exceptional team of dedicated professionals brings a wealth of expertise, passion, and a customer-centric approach to elevate the management of your condominium community
Let’s Elevate Condominium Living Together
Take the first step towards seamless condominium living by requesting a personalized proposal from our expert condominium management company.