Property Management for Condo Units - Toronto and GTA

When we talk about a condo unit rental property, we mean a single unit within a large condominium building. Common areas are shared and managed by a homeowners’ association (HOA). Most condo units in Toronto are in large, high-rise buildings in the downtown core, but there are also all kinds of boutique buildings throughout Toronto.

HOA fees can be significant and impact overall profitability. Rules and restrictions imposed by the HOA may limit rental flexibility or require approval for certain actions. Furthermore, you will be required to work with concierge to arrange parking and access to the unit. As mentioned, above, most condos are located in the downtown core where access can be limited due to traffic and long commutes for some landlords.

Although your condo has a condo management company to handle things like maintaining the common areas and managing the buildings parking and landscaping, our property management team can assist you further by marketing your unit for lease, screening tenant applicant for the best fit, and responding to any issues within the unit, such as fixing appliances when required.