TOP
TEN
IN THE CONDO BUSINESS INDUSTRY
CONDO BUILDINGS
TOTAL
CONDO UNITS
TOTAL
FirstService Residential Management Canada
1,371
FirstService Residential Management Canada
129,160
Wilson Blanchard Management Inc.
558
Crossbridge Condominium Services Ltd.
80,038
Pacific Quorum Properties Inc.
450
Del Property Management Inc.
70,000
Crossbridge Condominium Services Ltd.
399
Rancho Management Services
38,354
Rancho Management Services
340
Wilson Blanchard Management Inc.
36,503
Del Property Management Inc.
265
Pacific Quorum Properties Inc.
28,745
Gateway Property Management Corporation
263
AWM-Alliance Real Estate Group
23,750
AWM-Alliance Real Estate Group
238
Gateway Property Management Corporation
21,885
KDM Management Inc.
215
KDM Management Inc.
16,370
Apollo Property Management Ltd
136
Apollo Property Management Ltd
13,290
www.REMInetwork.com | June/July 2019 29
CONDOBUSINESS WHO’S WHO 2019
RANK
UNITS
BUILDINGS
RANK
UNITS
BUILDINGS
7
AWM-Alliance Real Estate Group
23,750
238
8
Gateway Property Management Corporation
21,885
263
265
9
KDM Management Inc.
16,370
215
38,354
340
10
Apollo Property Management Ltd
13,290
136
Wilson Blanchard Management Inc.
36,503
558
11
Icon Property Management
13,000
70
Pacific Quorum Properties Inc.
28,745
450
12
GPM Property Management Inc.
12,000
65
13
Percel Inc.
8,100
85
14
A.A Property Management
8,000
50
15
MF Property Management
6,703
93
16
Nadlan-Harris Property Management Inc.
6,235
62
17
Times Property Management Inc.
6,000
40
18
Shelter Canadian Properties Limited
5,659
31
19
Canlight Management Inc.
5,580
50
20
BayShore Property Management
5,221
97
21
Royal Property Management
5,000
60
22
Menres Property Management Inc.
4,089
13
23
Real Estate 360 Property Advisory Limited
2,894
44
24
Provincial Property Management Limited
2,700
33
25
Skywater Property Management
2,500
42
1
FirstService Residential Management Canada
129,160
1,371
2
Crossbridge Condominium Services Ltd.
80,038
399
3
Del Property Management Inc.
70,000
4
Rancho Management Services
5 6
378
The number of licensed condominium provider companies in Ontario.
2,869
The number of licensed condominium managers in Ontario as of January 1, 2019, according to the Condominium Management Regulatory Authority of Ontario (CMRAO). They include General Licensees (1,516), Transitional General Licensees (710), and Limited Licensees (643).
55%
Percentage of condominium managers in Ontario between the age of 40 to 59.
Now you can protect their investment and give them value for their money. Ensuring open communication between unit owners and their Board of Directors is just one aspect of effectively managing condominiums. CLM’s team of professionally trained managers not only provide the highest standard of service, they ensure all aspects of accounting, site operations and physical maintenance is tailored to the needs of individual properties. If it’s time to reconsider your choice of professional management services; CLM— peace of mind, worry-free living. For competitive management rates, or to find out how CLM can be of further assistance, please contact;
Kazi Shahnewaz
Director, Business Development Office: 1.877.81CONDO (26636) x467 Cell: 647.887.5676 k.m.shahnewaz@condominiumliving.ca www.condominiumliving.ca 30 CONDOBUSINESS | Part of the REMI Network
CONDOBUSINESS WHO’S WHO 2019
RANK
UNITS
BUILDINGS
RANK
UNITS
BUILDINGS
26
Berkley Property Management Inc.
2,500
28
45
Shepherd Village Inc.
115
1
27
Colliers International
2,494
51
46
Landmark Properties Inc.
86
1
28
Meritus Group Management Inc.
1,983
17
47
76
2
29
Around The Lakes Property Management Limited
Richmond Community Management Services Corp.
1,878
59
48
45
1
30
Lionheart Property Management Inc.
1,288
43
Lanesborough Real Estate Investment Trust
31
Downing Street Property Management Inc.
1,151
20
49
CBRE Limited
19
32
Dove Square Property Management Inc.
1,050
13
50
Warrington PCI Management
10
33
Vero Property Management
1,000
60
34
HighPoint Property Management
900
19
35
Richmond Property Group Ltd.
800
60
36
Condominium Living Management Inc.
576
37
Huntington Properties Ltd.
465
13
38
Prospero International Realty Inc.
330
3
39
Sterling Karamar Property Management
281
3
40
Arnon Corp.
281
3
41
Summa Property Management
207
14
42
Southwest Properties Ltd.
151
1
43
ICC Property Management Ltd.
137
3
44
Devon Properties Ltd.
114
69
10
145
The net increase of licensed condo managers in Ontario between July 2018 and January 2019.
38
The number, on average, of new Limited License applications per month in the first six months of CMRAO’s licensing year.
REGIONAL DISTRIBUTION OF LICENSEES* Northern Ontario: 36 Eastern Ontario: 229 Western Ontario: 247 Toronto: 998 Central Ontario: 1,348
OTTAWA TORONTO
AJAX
CPM_SolidGeneralAd_2018_final.indd 1 SolidGC_CPM-GTA_11-2017.rv.vr.indd 1
EDMONTON
VANCOUVER
www.REMInetwork.com | June/July 2018-03-262019 4:10 31 PM 2017-11-14 12:34 PM