Best condo management practice exhibition - Montreal
for Condo Directors, Condo Owners – to Invite Condo Management &
for property Management Companies/ and manager – to Showcase their
Condo Management Best Practice
Montréal is the largest city in Canada’s Québec province. It’s set on an island in the Saint Lawrence River and named after Mt. Royal, the triple-peaked hill at its heart. Its boroughs, many of which were once independent cities, include neighbourhoods ranging from cobblestoned, French colonial Vieux-Montréal – with the Gothic Revival Notre-Dame Basilica at its centre – to bohemian Plateau.
The living prices are lover than on Ontario due to economics but average condo fees, based on information of 2018 year, are ~ 3 times lover. Condo BI team wants to understand WHY and can any of management companies that manages buildings in Montreal effectively implement their best practice in Toronto & GTA?
If you have a similar or a better example
Click ” + “ in the middle of a picture to enlarge a photo gallery
*A number of cases does not reflect a rank. It is just a reference number for Condo Directors Choice and Inquiries
1
2006 year. 23 flors
Incredible condo building with spectacular unobstructed views of the river from each room.
2 heated pools (indoor and outdoor), golf imitator room, games room, a great gym, party room, The property boasts grand proportions, high quality finishings, an inviting open plan, large fenestration, sizeable bedrooms with ensuites, balconies, underground parking, 24/7 security.
Condo Management Major Achievements!
Condo building has a wide range of amenities including indoor and outdoor pool Amenities are greatly maintained for $0.39 psf/month (including 3 parking spots) or $0.35/SF per month (no parking fee (3*$40) is included).
CONDO FEES OF 2635 SF 3 bdr and 3 +1 bathroom condo Unit with 3 indoor parking spots, 2 private balconies has market value $1,800,000 and monthly condo fee just $1037 month including 3 parking spots
Condo Fee $0.35 psf/month vs Av. Market Value $683 psf
Condo Major Amenities!
Outdoor and indoor heated pools, 24/7 security, games room, party room, guests' lounge, gym, golf imitator, water included
2
1989 year. 12 flors
Old, but perfectly maintained building in the heart of Montreal with St Laurence and mountains view, tropical atrium, indoor and outdoor saltwater swimming pools, sauna, gym, squash and tennis court, exotic terraces temperature-controlled wine lockers. Hourly shuttle service.
Condo Management Major Achievements!
LUXURIOUS 2895 sq. ft. condo with a huge private rooftop terrace, 1 private garage parking space, 1 locker, 1 temperature-controlled wine locker, semi-private elevator services for 2 units
condo fee is just $0.74 psf/month $2216 per month! total
Condo Fee $0.74 psf/month (calculated per sf of living space and actually less) vs Av. Market Value $603 psf
Condo Major Amenities!
Tropical atrium, indoor and outdoor saltwater swimming pools, sauna, gym, squash and tennis court.
Private rooftop terraces into tropical atrium! Hourly shuttle service.
Temperature-controlled wine lockers
Semi-private elevator services 2 units.
3
2016 year. 38 flors
Condo Management Major Achievements!
Condo management reached a great combination of condo fees and a high quality of maintenance:
1825 sqft Condo (3 bds, 3 full bathrooms, 2 balconies and 2 interior garages, 1 locker) Valued $1,800,000 has $800/month condo fees!
Condo Fee $0.44 psf/month vs Av. Market Value $986 psf
Condo major Amenities!
AMENITIES: * Salt water lap pool (40 X 9 feet) * Exterior hot tub, * State of the art gym and yoga room * Conference room with outdoor terrace and kitchenette * Common terrace with garden and outdoor furniture * Outdoor tennis court in the heart of downtown * 5 story-parking with an electrical terminal for eco-friendly users
BUILDING * 24/7 security, programmed security access all around and concierge services on site * Central ventilation (per floor vs per unit) * On site management company assuring continuous long term service * On site concierge to answer all your needs * 24-foot ceilings in lobby overlooking public atrium * Central boiler for hot water
CONDO: * Smart Condo technology with Domotique controls * European style kitchen with 7 high-end appliances included * Central air conditioning
Information is updated as of December 24, 2021
Disclaimer:
CondoBI materials are based on Real Estate data available to public. Data is updating once a month. CondoBI is not responsible for any errors, omissions etc. All data and references are just to let condo owners, directors, condo managers and management companies some comparable information to use for condo management improvements.
or
And your company and your best managed condo will be displayed at the page in 72 hours (check the terms here)