How much does a condo property manager cost in Montreal?

In 2026, Gestion Velora publishes clear condo board pricing: typically $33-$36 per unit/month, up to $40 per unit/month with app and portal integrations. Final cost depends on building size, mandate complexity, reporting needs, and included services.

What are typical condo management fees in Montreal?

Fees for a professional condo property manager in Montreal are generally calculated per unit. At Gestion Velora, the 2026 published baseline is typically $33-$36 per unit/month depending on the mandate; packages with app and portal integrations can go up to $40 per unit/month. Final cost depends on building size, operational complexity, reporting level, and included services.

Professional management vs. self-management: an ROI question

It is tempting to compare the cost of a manager against zero for self-management. But self-management has real costs: volunteer director time, accounting errors, inconsistent maintenance follow-up, and legal exposure if Law 141 obligations are not met. For a 20-unit building, a $33-$36/unit baseline is roughly $660-$720/month; a portal-enabled package up to $40/unit is roughly $800/month. One avoided special assessment from a well-managed reserve fund can offset several years of management fees.

How to evaluate and compare management proposals

Before signing a management contract, ask for a detailed proposal covering: services included in the base fee, services billed as extras, contract duration and termination terms, guaranteed response times (emergencies vs. routine), and reporting tools available to the board.