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Self-Managed Condo Corporations

Toronto Condo News
Publication date:
January 24, 2021
Article Summary: 

This article discusses the challenges faced by smaller condominium corporations that cannot afford full-time management services. Some communities choose to self-manage, where daily maintenance, tax filings, meetings, and conflict resolution may be handled by owners. Others may hire part-time staff or boutique property management companies to reduce costs. Lack of professional guidance is cited as one of the greatest challenges for self-managed communities, and it is important to have individuals with the necessary skills and experience to manage a condominium corporation. When these individuals are no longer active or involved, the board may lack the commitment necessary to continue the work.


Condominium corporations, self-management, professional management, part-time staff, boutique property management companies.

Source Citation: 
Toronto Condo News
Self-Managed Condo Corporations
January 24, 2021
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