Financial Management for Condo Properties in Toronto, Scarborough, Pickering, Ajax, Whitby, Oshawa, Courtice, Bowmanville, Newcastle, Port Hope, and Cobourg

For condominium corporations, financial management is a labyrinthine process concealing potential pitfalls. Many condo Boards get frustrated trying to keep track of multiple owners, diverse maintenance requirements, and strict, ever-evolving legislation. A key concern for many condo owners is finding a company that provides competent financial management. In Toronto, Scarborough, Pickering, Ajax, Whitby, Oshawa, Courtice, Bowmanville, Newcastle, Port Hope, and Cobourg, Eastway Management Inc. has established a reputation for effective, comprehensive property management for over 40 years.

 

Eastway Management Inc. is committed to the financial strength and stability of your property. We employ the industry’s latest and best practices in condominium financial management and are focused on building and preserving your property’s long-term value. A licensed investment advisor is specifically assigned to the condominium, and investment recommendations are made based on requirements outlined in your reserve fund study. We’ll relieve your administrative burdens by:

  • Developing comprehensive budgets and forecasts based on previous and projected expenditures
  • Collecting all common element assessments through written, verbal, and personal contact (pre-authorized payment options are available for property owners to minimize administration)
  • Disbursing all Board-approved expenditures
  • Producing monthly financial statements at no additional cost
  • Producing and presenting to the Board of Directors a quarterly budgetary review, including recommendations
  • Documenting all accounts payable and receivable ensuring timely payment to avoid penalties
  • Indemnifying the condo against any possible losses in relation to the collection of common element fees
  • Coordinating with the condominium’s auditor and preparing all necessary working papers
  • Providing prompt, accurate, and reliable data so that the Board of Directors can make informed decisions

Call Eastway Management Inc. today and let us guide your condo corporation to financial security.

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Courteous and Responsive Staff

 

"It has been a pleasure to be associated with Eastway. On behalf of The Board and management, I appreciate that staff is available when required and that problems, requests, etc., are dealt with in a prompt and efficient manner. Heather and Marc have showed they are both effective, competent managers and your office staff is courteous and responsive."

- Howard T- President DCC

Excellent Service

 

"Eastway Property Management has managed our condominium since 1993 with honest, reliable, professional property managers. They provide excellent service and guidance to our condominium. Thank you Eastway for a job well done."

-Leo M - President YRCC

Friendly Staff

 

“Great, friendly staff!”

-G Majer

Efficient and Knowledgeable Team

 

 “Being a first time condominium owner and new to the area, I had a lot of questions and concerns. These were handled efficiently and courteously by the staff and manager alike. The office seemed very efficient and knowledgeable in handling my concerns and if they weren’t sure of an answer they directed me to someone who could. Thank you for the welcome package which helped me greatly in knowing about my new home and its surrounding area. I really appreciated your patience and understanding with my question. I look forward to being a part of this community and getting to know my neighbours.”

-Sharon K

We are Pleased!

 

"In the nine years that I have lived in this building I have never seen it kept so neat and clean. Mike & Grace have both worked very hard and are to be commended for their initiative. They are both very pleasant and helpful. I hope you will let them know how pleased we all are."

-Marion S

Sincere and Timely Service

 

 “Last weekend my garage door spring was broken. Yesterday I called and placed a service request. It has been fixed within a couple hours which I did not really expect. I really appreciate your help done on time. Especially my sincere thanks to the lady who passed my request to Marc.”

 -Ehtirveerasingham S

A Pleasure Working with Marc

 

"Marc, Eastway management company owner, is different, he will care and will look after your building to make sure that everything works out. He will invest every resource needed to make sure that the building is organized and all monies are collected."

 -Ari M

Great Service

 

"Eastway Management provides a great service that frees the board from worrying about day to day operating details, which is a wonderful change from our previous management companies. My only wish is that we made the change to Eastway sooner."

 - Moustapha E - President DSCC

Keep Up the Good Work

 

“My husband and I would like to thank you on the time and effort spent negotiating the budget. At a time when rising costs are prevalent, it is nice to see an expense lowered. As recent homeowners in this area, we are pleased with the maintenance of the grounds. Keep up the good work.”

 -Steve and Karen H

Highly Recommended

 

"Eastway came in and fixed the issues while saving us money which allowed us to lower our monthly maintenance fee significantly, I highly recommend them to anyone looking for a trustworthy and reliable and professional property management company!!"

 -Suresh S

A Job Well Done

 

 “Please find enclosed 12 cheques to cover this year’s condo fees. Once again, thank you for a job well done and for keeping our fees reasonable.”

 -Chris T

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