RESIDENTIAL CONDOMINIUM MANAGEMENT

AspirePeak Properties efficiently manages the collection of condominium fees, special assessments, sanctions and chargebacks to ensure the financial health of your corporation. Leveraging advanced property management software, we handle all payments ensuring timely processing and maintaining detailed records. Our system allows boards to stay informed of their financial operations, enabling them to focus on broader community goals.

AspirePeak Properties provides expert financial management services designed to meet the unique needs of condominium boards. We maintain accurate accounting records, manage operating and reserve fund accounts, and handle payments to vendors. Our team delivers monthly financial statements, variance reports, and assists in preparing the annual operating budget. We also prepare records for annual audits and offer capital reserve account recommendations to support long-term planning. With AspirePeak Properties, your board gains reliable financial oversight to ensure the corporation’s financial health and sustainability.

We attend board meetings as outlined in the Agreement and participates in one Annual General Meeting (AGM) of the Corporation. We handle the preparation and distribution of notices, proxies, ballots, financial statements, previous AGM minutes and any special reports needed for the AGM. Boards can trust us to provide an AGM script for professional meeting facilitation and seamless documentation management.

We provide diligent arrears management services to ensure condominium corporations maintain financial stability. We follow up on delinquent accounts with 30, 60, and 90-day notices with varying stages of escalation to address overdue payments promptly. When necessary, we prepare and register caveats, issue demand letters, and initiate legal proceedings to recover outstanding funds. Our team also evaluates each arrears case, recommending the most appropriate course of action and pursuing it as directed by the board. With AspirePeak Properties, your corporation benefits from a proactive and professional approach to managing arrears effectively.

We assist boards with by-law reviews and recommendations for updates. Our team ensures owner compliance with by-laws, rules, and regulations, and aligns all condominium policies with local standards. Through clear communication and professional guidance, we help boards navigate the complexities of by-law management, enabling them to maintain effective governance and a well-functioning condominium community.

AspirePeak Properties provides thorough property inspection services tailored to the unique needs of condominium corporations. The number of inspections is outlined in the management agreement, ensuring clarity and consistency. We assist with essential inspections such as reserve fund study updates, BEVA inspections, and city-mandated inspections, ensuring compliance with all regulatory requirements. Routine site inspections focus on seasonal demands like landscaping, drainage, and vendor performance, while also identifying bylaw violations and ensuring compliance. With AspirePeak Properties, your board can rely on professional oversight to maintain safety, compliance, and the long-term value of the community.

Let us take the hassle out of maintenance and repairs for condominium boards. We ensure every detail is handled with care. From electrical repairs to plumbing repairs, we keep your property running smoothly. Beyond routine upkeep, we collaborate with boards to create strategic long-term plans for building repairs and replacements, covering essential elements and ensuring safety, efficiency, and long-term value.

We oversee contracts for essential services, including fire safety systems, intercoms, security systems, cleaners, snow removal, lawn care, and waste and recycling services for all units. Additionally, we manage preventative maintenance for elevators and other mechanical systems, ensuring they operate efficiently and reliably. Our team ensures all vendors meet strict compliance standards and monitors their performance to maintain high-quality service.

AspirePeak Properties handles every aspect of Corporation Insurance, from arranging annual insurance appraisals to securing by-law compliant coverage, maintaining competitive rates and working along side insurance adjusters for insurance claims. We also provide recommendations for additional coverage when necessary and ensure annual insurance certificates are mailed to all owners.

We provide essential administrative services such as managing amenity bookings, oversee key and fob distribution, program intercom systems using online software, and coordinate visitor parking pass management. Additionally, we prepare and distribute property notices, annual approved budgets to all owners, handle document requests such as those required for the sale of a unit in compliance with The Act, and register legal documents, such as change of board of directors or conduct document searches at the Land Titles office. With AspirePeak Properties, your board can rely on professional and organized administrative support tailored to the needs of your community.