Condo Property Management Services in Mississauga
Looking For Knowledgeable Condo Managers In Mississauga? Look No Further. Visit CityTowers Property Management Inc. and experience what the leading condominium property management company offers to their clients in the GTA.
Condo Property Management for Owners in Mississauga:
WHY IS IT Important
Condominium property management services are essential for maintaining the day – to – day operations of any condominium corporation in Mississauga. Although the process sounds straightforward, effective condo management requires specialized skills, experience and knowledge regarding the corporations’ finances, laws, as well as daily maintenance requirements.
Without these services, the burden of managing the property falls on the condominiums board of directors and individual owners.
This can be overwhelming and time-consuming, for those who have full-time jobs and are not experienced in property management. By hiring a professional condominium property management services in Mississauga, the board can alleviate these responsibilities, ensure the property is well-maintained and redirect their focus from micromanaging to strategic decision making and long-term plans and important projects.
CityTowers Property Management Inc. offers the following key services for condominium management:
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Legal Compliance:
Ensure compliance with the Condominium Act, the Occupational Health and Safety Act, and the Human Rights Code.
Prepare required information certificates and assist in legal proceedings.
Provide bylaw advice and enforcement
Arrange property insurance and handle insurance claims.
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Administration and Communication:
Coordinate and conduct owner and board meetings, including annual general meetings.
Handle communication and correspondence with owners, enforce rules, and manage resident complaints.
Operate a 24/7 emergency response line.
Performance reviews, staff training, and support.
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Financial Management:
Collect maintenance fees and address arrears.
Prepare monthly financial reports, reconcile bank statements and process invoices.
Manage back-charges and arrears collections.
Develop annual budgets, invest excess cash, and deposit funds.
Pay contractors, Invoice processing and cheque production.
Depositing funds by electronic funds transfer or post-dated cheque direct deposit.
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Property Operations:
Provide emergency response and head office support to on-site managers.
Maintain inventories, and conduct contractor inspections and spot checks.
Manage contractors, trades, and in-house employees to ensure proper performance.
Handle project management, including RFP handling and tender management.
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Record Keeping and Reporting:
Safeguard operational and financial records and grant access as required.
Conduct performance reviews and provide staff training and support.
Develop and sign status certificates, and prepare reserve fund budget statements.
Factors to Consider When Choosing a Property Management Company
- Experience – look for a management company that has experience in managing properties similar to yours. This will give you confidence that they have the expertise and can manage any challenges that may arise.
- Communication – a good management company should be accessible and able to provide timely updates on the operations of the corporation.
- Technology – a good condominium property management company in Mississauga should have an efficient and up-to-date system for handling fees collection, maintenance requests, and other property-related matters.
- Reputation – the company’s reputation will give you an idea of their level of professionalism and reliability. Check online reviews and assess the company’s website.
- Fees – consider and compare fees from different condominium management companies in Mississauga.
- 17+ Years in service
- 27 Employees
- 38 Condominium Corporations
- 5200 Units under management
- 110+ Million Combined Operational Budget under Management
Benefits of Hiring Our Condo Management Company in Mississauga
- Professional Expertise – our reputable condo property management company in Mississauga has a knowledgeable and experienced team that can manage all aspects of condo management, including maintenance, financial, and administrative duties.
- Cost Savings – by hiring CityTowers condo management company in Mississauga, you can avoid costly mistakes and reduce potential legal issues. Additionally, we can negotiate better rates for maintenance services and reduce your operational costs.
- Enhanced Property Value – by using our condominium property management services in Mississauga, you will be able to increase your property’s value by improving the overall appearance through implementing preventive maintenance.
- Access to Resources – CityTowers Condo Management in Mississauga has access to various resources, technology and numerous networks of contractors that can help in managing and maintaining the condominium corporation, which can ultimately cut operational costs.
Overall, hiring our CityTowers Condominium Property Management in Mississauga can provide peace of mind, save time, and increase your property’s value while ensuring that the condominiums operations are running efficiently.
Contact Our Managers in Mississauga Today
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CityTowers has been in business for over 15 years, successfully managing over 37 condominium corporations and progressively gaining expertise in the field. We are committed to providing superior quality service at an affordable price.
As one of the top condo management companies in Mississauga, we recognize that each property is unique, and we strive to provide tailored solutions that cater to the specific needs and vision of each property. Our mission is to provide transparent and accountable condominium management services, giving you complete assurance that your property is receiving top-notch management.
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If you are seeking professional condominium property management in Mississauga, look no further than CityTowers Property Management Inc. Let us assist you in elevating your condominium corporation to the highest standards of excellence.
Take the first step towards stress-free condominium management and contact us today!
FAQs About Condominium Property Management
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What is the role of a condo manager?Condo managers are responsible for managing the daily operations of a condominium corporation. Their role includes but is not limited to:
- Financial management – overseeing the finances of the corporation, which involves creating and managing budgets, collecting condo fees and managing investments.
- Maintenance and repairs – ensuring the upkeep of the property, including managing repairs, supervising contractors, and managing any renovations or upgrades.
- Compliance with legislation – ensuring the corporation complies with all relevant legislation, including the Condominium Act, the Occupational Health and Safety Act, and the Human Rights Code.
- Communication and customer service – condo manager serves as the primary point of contact between the corporation and the owners, and are responsible for answering questions and resolving disputes.
- Administration and record-keeping – the manager and/or the condos administrator are responsible for tasks, such as keeping records, maintaining accurate owner information, and ensuring that the corporation’s documents are up-to-date and readily available.
- What is the Difference Between a Condo Manager and Property Manager?Condo property managers in Mississauga are responsible for managing the operations of a condominium corporation, which includes maintenance, repairs, financial management, and communication with residents. A property manager, on the other hand, is responsible for managing rental properties, which includes leasing, collecting rent, screening tenants, handling repairs, etc. While there may be some overlap in the duties of these two roles, they are generally focused on different types of properties and have distinct responsibilities.
- How to Send a Request for Proposal to CityTowers Property Management Inc.?Visit our CityTowers Property Management website to read about who we are and submit a request for proposal to discover what the leading condominium property management company in Mississauga offers to their clients in Mississauga and the GTA.
What are they saying about us?
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Tariq Ba’Aqeel
Solstice Condominiums, MississaugaCityTowers has done a tremendous job of maintaining our building, and they have made several improvements throughout the pandemic to protect the residents in our community. Our team is thankful to be working with such incredible partners and keeping our building as one of the best places to live in the city.
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Darcy Butler
Grand Park II, MississaugaI have dealt with CityTowers for a number of years on our Board of Directors, and we have worked closely with them over this time. Throughout our relationship, they make us feel like we are a part of their team. We are advised on every decision, and we are consulted before any action is taken. We are very thankful to be in such great hands.
Citytowers testimonials
Jasper Scott
3 months ago
Citytowers really take good care of our townhomes community. Our manager Rose has many years of experience and trying her best to upkeep our properties. If you're looking for a reliable condo management company in Toronto, I would highly recommend Citytowers.
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Gary Child
4 months ago
I have lived at 223 Webb since 2016 and I have always had a great experience with the entire Management team. Manni and his team have always been extremely helpful when needed. City Towers, in my opinion, is the most professional Property Management Company around. The entire building staff: Security, Maintenance , Front desk, Office, and Housekeeping are the very best.
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Christian Bennett
5 months ago
The property manager, Halyna, is consistently accessible and proactive in handling any concerns that may arise. Her dedication ensures that our property is meticulously maintained, providing us with a sense of security and contentment.
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Deepa Condocontrol
3 months ago
I have worked with Vitaliy, in setting up Condo Control for their property in Hamilton. Property management is a tough industry and it is difficult to find time for get everything set up and running as you have daily issues to tackle. Vitaliy found time for the process, while balancing with his regular work. I am pretty sure he will be using the platform as well to its fullest potential to provide a very good management experience.
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N. Miller
6 months ago
CityTowers Property Management was recently brought in to replace another company who was not up to the task of looking after our building. Vitaliy, our on-site property manager, has done an excellent job of working with the condo board to develop and implement policies to ensure the building is safe and clean. I have personally been very impressed with Vitaliy’s people skills as well as his administrative skills. This is not an easy job, with over 200 owners to keep happy and he and the company are doing a stellar job.
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Denna Y
7 months ago
I have lived in the Onyx building on Webb Drive since it was newly constructed. The manager (Manni) at this condo is very knowledgeable, considerate, kind and professional. He knows the residents at the building by name which shows proves his professionalism and care towards his residents. He goes above and beyond for the condo to make sure it is in top shape clean and enjoyable for both residents and visitors. Onyx has by far the best amenities and the party room at this condo is extraordinary. My experience being a resident at this condo has been amazing and the management staff has a lot to do with that!
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Kunal joshi
10 months ago
I have been living in 360 Limelight Towers for the past 5 years and I am extremely impressed with the level of service provided by the management team. I would like to really like to thank Abhijit Roy, Kyle,Natalie and Faisal who have always been friendly and helpful, and have responded to any queries or concerns in a timely manner. They do a great job of communicating with the residents and are always proactive. I receive regular updates on any building maintenance or repairs that are taking place, and I always feel informed about what's happening in the building.Overall, I am very satisfied with the services provided by the condo management team. They do an excellent job of creating a welcoming and safe environment for residents.
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