Property managers can make life so much easier for condo boards and residents who live in the building. We’ve selected ten noteworthy companies for your consideration based on reviews, client feedback and notoriety.
Top 10 companies
- ICC Property Management Toronto
- Melbourne Property Management
- Del Property Management
- Alwington Communities
- Best Practices Property Management Inc
- Nadlan-Harris Property Management Inc.
- ICON Property Management
- Summerhill Property Management
- Maple Ridge Community Management
- KÜNG Property Management
- Bonus
1. ICC Property Management Toronto
ICC Property Management Toronto is an established and trusted property management company. It is committed to serving both the board of directors and the residents of each condo corporation they work for. They believe that both residents and community leaders must feel good about the services that ICC provides in order for the corporation to thrive.
ICC has over two decades of experience helping large and small condo buildings operate more efficiently. ICC takes a customer-centric approach and builds genuine relationships with the people they work for. In fact, ICC still manages its very first client of over 25+ years. The company strives to be flexible and cater to each corporation’s unique needs.
Staff who work for this company are happy to be there and happy to help their communities. That’s one reason why they have over 400 Google reviews, and a 4 star rating.
ICC operates a 24/7 emergency hotline so that residents can always find help when they need it, even in the event of an after-hours emergency. They specialize in community and financial services, and maintenance management.
2. Melbourne Property Management
Melbourne Property Management aims to create a sense of community within each condominium it manages. It understands that every community is different, which is why it offers highly customized plans.
The property management company also works with reputable developers who seek input from seasoned property managers. As a result, buildings are more desirable to buyers, and units sell faster.
Services provided by Melbourne include full condo management, rental management, financial reporting and administrative assistance.
Melbourne Property Management is a proud member of ACMO and BILD, and is in good standing with the CMRAO.
3. Del Property Management
Even if you’re not in the property management industry, you’ve probably heard of Del. This company does it all, including condominium property management, and has over 50 years of experience.
Del estimates that it manages around 84,000 condominium suites across 250 condominium corporations. It has also been ranked as the #3 condominium manager in Canada by the REMI Network, and is a market leader within the GTA.
Corporations that have worked with this condo management company will attest to the professionalism of the staff. They understand that clients have high expectations when they sign on with Del, and the team does not disappoint.
4. Alwington Communities
Alwington Communities takes good care of condo corporations located in the GTA and surrounding areas. At the time this article was published, the management company was looking after 63 corporations and 2029 individual units.
The Alwington team is highly skilled and highly educated, giving staff the ability to assist all types of corporations with financial management, warranty claims, staffing, rule enforcement, maintenance, and much more.
Alwington has a list of buildings it currently manages available on its website so prospective clients can get a better idea of the type of communities it works with It also has a ton of great resources for corporations, owners and developers. Giving is one of its strengths.
5. Best Practices Property Management
It’s reassuring to know your condo management company knows and implements best practices. Best Practices Property Management Inc. was started with the belief that condominium property management services could be better, and so that’s what the team strives to do.
Each member of the leadership team specializes in a different area which enables the company to effectively resolve all types of practical and legal issues for corporations.
Best Practices develops and uses optimal management processes to minimize risks for the condominium corporation and ensure the board is fully informed.
6. Nadlan-Harris Property Management Inc.
Nadlan-Harris is a fair, friendly and firm condo management company operating in Toronto and surrounding areas. It is an ACMO 2000 certified company, which prides itself in providing superior property management services.
Nadlan-Harris has experience in newly constructed, mixed-use and conversion buildings, but it works well in all types of condominiums. From maintenance and housekeeping requirements, to bookkeeping and accounting, Nadlan-Harris can help.
7. ICON Property Management
ICON Property Management has been serving condominium communities across Southwestern Ontario for over 30 years. ICON is professional, strategic, and innovative. This combination allows the company to achieve goals and help its communities thrive. It uses technology where appropriate, but always maintains good human connections.
ICON has a team of over 95 licensed managers and has obtained ACMO 2000 certification. Services offered by ICON include administrative, building operations, financial and communication.
8. Summerhill Property Management
Summerhill Property Management offers the accessibility of a small management company while providing the same excellent services offered by larger companies.
Take a look at the communities they manage to see they corporations that are benefiting from their services.
They pride themselves in providing superior customer service. They can do this because of their exceptional team. Summerhill is careful to employ people who care and who are motivated to exceed expectations through ongoing training.
In addition to their team of professionals, Summerhill also uses reputable accounting software from YARDI and ConStar to streamline tedious accounting tasks.
9. Maple Ridge Community Management
Maple Ridge Community Management (MRCM) has been serving the condo community since 1984. Located in Mississauga, it has grown with the developing needs and wants of condos and the residents who live in these buildings. In fact, they claim to be the very first management firm in Ontario to introduce YARDI Voyager accounting software, an innovative management software that optimizes service delivery.
MRCM manages a variety of buildings, and invests heavily in their team to ensure they deliver on their commitment to providing exceptional services.
It has cared for 30,000+ condo units in Toronto and across the GTA, and 300+ condo buildings. The firm is also an ACMO 2000 certified and this accreditation speaks to our ongoing commitment to our clients and the service we provide.
Their secret to successful property management? Strong relationships built through communication and dependable services. Continuous communication between property managers and boards is absolutely essential to MRCM, and this is supplemented by ongoing dialogue between boards and MRCM’s management executives. The company has developed a standard “Management Update,” providing a thorough review of resident concerns, ongoing projects, repairs and financial position.
10. KÜNG Property Management
KÜNG Property Management has been working with condo corporations since 1995. The company is an ACMO 2000 certified, and have acquired a sizable long-term client base.
The team is very “hands-on,” and enjoys being onsite to support the board and the corporation. Services include performance reviews of vendors, preparation of annual budgets and A/R collections.
Bonus: Self-Managed Properties
There are so many excellent property management companies to choose from in Toronto. However, there are also many condo communities that have found success using property management software. Not only is it cost-effective, it is highly customizable, and it never needs a day off.
