February 06, 2012
 
 

Our Property Management Team

The Condo Store Realty Inc., effectively offers condo buyers a ‘Turn Key’ investment model. It was  formed in response to the needs of property owners who recognize their investment as a vehicle for financial rewards while opting to invest their own time to pursue other interests. Our simple program was designed to provide the skills and know-how of professional property managers whereby we oversee every step of the rental process seamlessly from successful leasing to rent collection on behalf of the owner. Behind the scenes, you will find competent departments comprised of a committed group of individuals performing a variety of services to complement the success of your investment.

Tenant Selection
The Condo Store Realty Inc., follows a stringent procedure for tenant qualification. This process includes the utilization of Equifax, Beacon and Safe scan for credit approvals, verification of employment and all personal references, as well as communication with previous landlords and financial institutions.

Lease Administration
We oversee all aspects of lease administration from the initial lease preparation, ensuring timely receipt of revenues, to renewals and terminations. We ensure that you benefit from your entitled rent increases in accordance with governing legislation. We can also negotiate additional year-term renewals on your behalf.
We protect your investment through the use of specialized contractual agreements with tenants that reinforce aspects of the Tenant Protection Act and Condominium Act and are in compliance with Condominium Corporations’ legal requirements including specific covenants regarding the use of common areas.

 

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