Condo management in Montreal for condo boards
Gestion Velora, a condo management firm serving Montreal, provides complete and human-centered condo board administration: financial and administrative operations, annual general meeting (AGM), annual budget, common fees, reserve fund, condo register, common-area maintenance, Loi 141 compliance, and 24/7 emergency support.
Dense condo market: provincial compliance (Loi 141, Bill 16), borough-level rules where applicable, and vendor coordination across heterogeneous building stock.
Montreal housing stock in figures
- 816,355 private households in the 2021 Census; 36.4% own their home.
- Age of the stock: 66.4% built before 1981, 18.1% between 1981 and 2000, 15.5% since 2001.
- By building type: 16% are apartments in buildings of five storeys or more, 56.9% are apartments in a duplex or a building under five storeys, and 7.1% are single-detached houses.
- 8.6% of dwellings needed major repairs in 2021; Le Plateau-Mont-Royal had the highest borough rate, 10.9%.
What it means for a condo board
130,580 households live in buildings of five storeys or more. The owner of such a building must obtain a façade verification report from an architect or engineer by the 10th anniversary of construction, then every 5 years, and keep a register. In a condo, that falls to the syndicate, which maintains the common portions.
63.6% of households rent. A co-owner who leases their unit must notify the syndicate within 15 days with the tenant's name, the lease term and the date the tenant received the building by-laws, which bind the tenant from that moment (Civil Code of Québec, arts. 1065 and 1057).
66.4% of dwellings were built before 1981, so they are now over 45 years old. For a building that age, the reserve-fund study should cost out replacing the envelope, roof, plumbing and electrical systems, not just routine upkeep.
2021 Census figures, sources checked October 14, 2026.
- Statistics Canada, 2021 Census, table 98-10-0233-01 (census subdivision 2466023)
- Ville de Montréal, Profils des ménages et des logements 2021 (open data, CC BY 4.0)
- Régie du bâtiment du Québec, Façades – maintenance and inspection
- Civil Code of Québec, arts. 1057 and 1065
Condo board management in Montreal: what's included
Gestion Velora serves property owners and condo boards across Montreal and the Île de Montréal area. Every mandate is handled with the same rigor: transparent reports, 24/7 responsiveness, and full regulatory compliance.
- Administration and convening of general assemblies
- Reserve fund management under Bill 16 (reserve fund study every 5 years)
- Major work follow-up and tendering
- Quarterly financial reports
- 24/7 owner communication
- Legal and regulatory compliance (RLRQ c. C-6.1)
Why choose Gestion Velora in Montreal?
A local team, transparent processes, and a proven track record across the Greater Montreal area.
24/7 responsiveness: Emergencies don't wait. Our team is reachable around the clock for urgent situations.
Transparent reporting: Monthly financial reports, maintenance logs, and meeting minutes, always accessible.
Local expertise: Deep knowledge of Montreal's real estate market, regulations, and building stock.
Ready to work with a property manager in Montreal?
Contact us for a free quote. We respond within one business day.