About

Who are we?

Since 2007, CityTowers Property Management Incorporated (CityTowers) has stood out among the Greater Toronto Area (GTA) condominium management firms, and it has proven to be among one of the leading companies in its industry. CityTowers provides a complete range of professional condominium management services, ranging from daily operations activities to community management.

CityTowers is led by a team of certified industry professionals that collaborate seamlessly with your condominium operations and work collaboratively to provide exceptional condominium management services.

We are an independently-owned Canadian organization servicing over thirty-five (35) condominium corporations. We manage both commercial office buildings and large residential towers, totalling over four thousand one hundred (4,100) suites. Our clients are our partners, and our success is proven by some of the lowest client turnovers in the industry.

OUR EXPERIENCE
Adding Value To Your Condominium Investments - 14+ Years 100%
Over 35 Condominium Corporations Under Management 90%
25+ Employees and Back Up Staff 67%
14 CMRAO Licenced Managers 77%
Independently Owned Canadian Company 100%
Ranked #1 in Google Business Review Among Management Companies 100%

CityTowers In Numbers

14+

Years of Experience

$380M+

Operational Budget

27+

Employees

16+

Licensed Managers

Our Mission

The needs of the condominium community, Board of Directors, and in-house staff are at the heart of our organization. Our mission is to provide outstanding and customized condominium management services. We offer value by using our extensive network of resources along with our proven track record of successful business relationships, bridging the gap between strong property management and community satisfaction.

Since no two condominiums are alike, we offer different staffing solutions for different situations. We mold to our clients’ needs and we are actively engaged in the success of their community. Our strength is building meaningful relationships and that is at the core of our operations.

George Shalamay

Principal and Chief Executive Officer
B.Sc., OLCM, RCM, CCM, CIPS
 
condominium property management services

Our Common Values

We Listen Closely: Our clients trust us with their problems, and we must first and foremost listen closely to their requirements to identify the main challenges.

We Advise Strategically: We propose creative and future-focused solutions, from building operations to resident management.

We Act Quickly: Our team is agile, and we pride ourselves on the swift actions we take to ensure unparalleled and top-level service for our clients.

condo property management

Get To Know Our Executive Team!

 

Property Management Company Toronto

GEORGE SHALAMAY, B. SC, RCM, CCM, CIPS, CMRAO GENERAL LICENCE HOLDER

President & CEO

is a respected figure in the condominium industry, having more than 18 years of hands-on experience, managing all types of condominium styles. George has over 30 years in International Real Estate and Property Management, 15 plus years at the Senior/Principal level and has been a Registered Condominium Manager (RCM) for over 15 years. His attention to detail, hard work and perseverance has allowed him to successfully lead the company since 2006 As the founder and owner of CityTowers, Mr. Shalamay is exceptionally proud of the company’s accomplishments over the past 15 years. As the company continues to grow fast, George is steadfast in ensuring that the high level of professionalism exhibited by his staff on a day-to-day basis will never be compromised. Over the past 8 years, George Shalamay served as Chairman of the City of Mississauga Property Standards Committee. He is a frequent speaker on many key-note industry issues at workshops and seminars.

Condominium Management Provider

NATALIE PALYGA, B.SC. , CCM, CMRAO GENERAL LICENCE HOLDER

COO, Director, Finance and Administration

joined CityTowers in 2010 and serves as Director, Finance, and Administration. Natalie brought with her over 12 years of Hospitality Accounting and Financial Management experience. At CityTowers Natalie has direct oversight of finance, accounting and administration of condominium corporations, corporate finance, taxes, benefits, and compensation functions. It’s within Natalie’s scope of responsibility to produce CityTowers’ unaudited financial statements and supervise her staff with Accounts Payable and Accounts Receivable functions. She is also the primary contact between CityTowers’ client corporations and their respective Auditors. Natalie’s unique style of leadership and authenticity takes the customer experience to the next level. She loves her job and goes the extra mile when it comes to attend board meetings and clarify the financial statements and corporation financial position to directors. Natalie’s extensive experience means that she can help clients with a range of issues, including setting up a property during management transition, commissioning new buildings, and accounting support during budget development.

Property Management Services Toronto

George Kostur, B.Sc., CCM

Director of New Community Development, Integration and Start-Up

George joined CityTowers in 2019 bringing eight years of hands-on experience at an executive level in Condominium Hi-Rise Construction and Development. This allows him to work with many of Ontario's top condominium developers to help bring their project vision to market and, going forward, build harmonious relationships between the developers and owners-elected boards.

Property Management Services Toronto

Nathan Rahularaj, B Comm., CPA, CGA, ACMA (UK)

Sr. Accounting Manager

Nathan leads CityTowers Accounting Department and brings with him more than 20 years of Property Management and Condominium Accounting experience. Nathan is responsible for producing CityTowers’ unaudited financial statements and assisting CT staff with Accounts Payable and Accounts Receivable functions. He is also the primary contact between CityTowes’ client corporations and their respective Auditors. Nathan is capable of making the Financial statements “Talk” and enjoys attending board meetings in person to present financial statements to directors.

Property Management GTA

Maninder (Manni) Singh, B.A. CMRAO GENERAL LICENCE HOLDER

Team Lead, Director Special Projects

Has experience in managing and overseeing diverse portfolios over 700 units with multiple Shared Facilities. His focus is on achieving the Boards’ goals, maintaining a high property maintenance standard and ensuring that the Corporations we manage maintain a strong financial position. He organized major building renovation, refurbishment and restoration projects as well as supervised the completion of performance audits, reserve fund studies and budgets. Manni was awarded CityTowers Property Manager’s award in 2018.

Property Management Company Toronto

Abhijit Roy, B.Com., ACA, AICWA, CMRAO GENERAL LICENCE HOLDER

Team Lead, Director Special Projects

Abhijit Roy brings more than 30 years of a rich and cross functional experience in managing finance, business, large projects and condominium operations. His skill and expertise encompass through industries like Aluminum, Steel. Engineering construction and Real estate, across three continents. In Europe, Abhijit was part of the largest Steel conglomerate in the world, working as Chief Financial Officer (CFO) of a Euro 7 billion turnover company. As a Team Lead, Abhijit’s core competence areas include strong analytical and presentation skills, identification of process improvement and cost control in building operations, implement advance management tools like post-project audit, benchmarking and balance scorecard to identify potential improvement areas, to the Condominium Board. His expertise also includes Reserve Fund study analyses, Techno-financial appraisal of the projects, Operating Budget review and presentation, preparation of Standard operating procedures etc. Abhijit was awarded CityTowes Property Manager’s award in 2019.

Property Management Services Toronto

Vadim Segal, B.Sc., RCM, CMRAO GENERAL LICENCE HOLDER

Director Special Projects, Tarion Audit Consultant

has extensive knowledge in all areas of Building Operations, including Plumbing, Mechanical, Electrical, Life & Safety systems and has guided Condominium Corporations through several major building upgrades and building renovations throughout his career. Over the past 20 years, Vadim has been instrumental in numerous cost reduction initiatives, actively implementing strategies to maximize value within a diverse portfolio across Ontario. He was awarded CityTowers Property Manager of the 2020 Year Award for providing exceptional service to our client corporations.

Property Management Companies GTA

Shafeek Shah, CCM

Sr. Accountant

Joined CityTowers in 2011 and brought more than 20 years of accounting experience. Having Accounting Diploma from Humber College, Shafeek is responsible for Accounts Receivables, production of Status Certificates and liaison with residents. He lives and breathes accounting and is excited to apply his extensive experience in accounting in the condominium industry. Shafeek was awarded CityTowers Property Employee of the 2020 Year Award for providing exceptional service to our clients, loyalty, and dedication.

Property Management Companies GTA

Julia Korobkova

Accountant

Is responsible for Accounting Payables, payroll and office administration. She is a highly motivated and confident team member with significant international experience. Julia joined CityTowers in 2018 and brought with her seven years of experience as an accountant in a Commercial Property Brokerage. She holds Accounting and Payroll Diploma from Seneca College and completed the Certified Payroll Compliance Practitioner Program at The Canadian Payroll Association. Julia has excellent concentration and conceptual skills, she is detail-oriented, methodical, and trustworthy. Julia continues her education and works hard towards a CPA designation.

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