Category:
Financials
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Earn Extra Revenue for your Condo Corporation
Author:
Toronto Condo News
Publication date:
April 26, 2018
Article Summary:
This article discusses various ways that condo corporations can earn extra revenue beyond their standard condo fees. The article emphasizes the importance of ensuring that condo funds are being effectively managed and not wasted before pursuing additional revenue sources. The suggested revenue sources include amenity programming, landlord charges and services, power generation through solar panels, advertising, filming, rental of unused parking spaces, car and bike sharing services, cell phone antenna rental, maintenance service programs, and vending machines. The article notes that the availability of these opportunities will depend on the location and makeup of the condo corporation.
Keywords:
Condo corporation, revenue, condo fees, amenities, power generation, advertising, filming, parking spaces, car share, bike share, cell phone antenna rental, maintenance service programs, vending machines.
Source Citation:
Toronto Condo News
Earn Extra Revenue for your Condo Corporation
April 26, 2018
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