Blog

ICON
condo management companies vs self-management

February 12, 2025

Condo Management Companies vs. Self-Management: Which is Right for You?

Managing a condominium community in Ontario is no small task. As a board member, you’re responsible for everything from financial oversight and maintenance coordination to legal compliance under the Condominium Act. One of the most important decisions your board will face is whether to self-manage or hire a professional management firm. Understanding the differences between […]
Read More
what to look for in a condo management company

February 11, 2025

Condo Management Done Right: What to Look for in Your Next Company

Choosing the right property manager is one of the most important decisions your board will make. But what should you look for in a condo management company? A great partner can enhance your community’s operations, support financial health, and help you stay compliant with Ontario’s condominium laws. On the other hand, the wrong company can […]
Read More
balancing condo board decisions

February 10, 2025

Condo Board Decisions: How to Balance Owner and Community Interests

Making decisions as a condo board member isn’t easy. Every choice you make has the potential to impact not only individual owners but the entire community. Balancing those interests is one of the most important—and challenging—parts of being on a condo board.  How do you navigate competing priorities? How do you balance immediate needs with […]
Read More
online invoice approval condo management companies

February 6, 2025

Online Invoice Approval: Smarter Condo Financial Management

Managing a condominium community comes with many responsibilities, and financial oversight is one of the most critical tasks a condo board faces. Board members must ensure that invoices from vendors and service providers are reviewed, approved, and paid on time—all while maintaining complete transparency and accountability. Traditionally, invoice approvals involved physical paperwork, in-person meetings, and […]
Read More
condo board emergency planning

February 6, 2025

Emergency Planning for Condo Boards: Protecting Your Community in a Crisis

Emergencies are unpredictable, but preparation makes all the difference in how a condo community handles them. Whether it’s a fire, flooding, severe weather, or even a prolonged power outage, having a robust emergency plan in place can save lives, protect property, and minimize disruptions.  As a condo board member, you play a key role in […]
Read More
cost of bad condo management

February 4, 2025

The Hidden Cost of Bad Condo Management (And How to Avoid Them)

Condominium board members play a critical role in protecting the financial and operational well-being of their communities. While visible expenses like maintenance contracts and monthly fees often receive the most attention, the more costly issues are not always easy to spot. Bad condo management can quietly lead to financial losses, declining property conditions, resident dissatisfaction, […]
Read More
condo board of directors responsibilities, ICON Property Management

February 3, 2025

The Complete Guide to Condo Board Responsibilities for New Members

Congratulations on being elected to your condo board of directors! Stepping into this role is an exciting opportunity to make a real difference in your community. While the learning curve may feel steep at first, understanding your responsibilities and how to fulfill them effectively will set you on the path to success.  This guide is […]
Read More
signs you need a new condo property management company, ICON Property Management

January 31, 2025

Is Your Condo Property Management Provider Dropping the Ball?

Managing a condominium isn’t an easy job. As a board member, you rely on your condo management company to handle everything from finances to maintenance, allowing you to focus on the big picture. But what happens when your management provider isn’t living up to expectations?  If you’ve ever wondered whether your management company is truly […]
Read More
why condo board fail

January 30, 2025

Why Condo Boards Fail: Top 7 Mistakes and How to Avoid Them

Running a condo board isn’t easy. From managing finances to enforcing rules and keeping owners happy, it’s a delicate balancing act with a lot of moving parts. Some boards manage to juggle it all successfully, while others struggle—or even fail. But why? The truth is, most condo boards fail because of avoidable mistakes. The good […]
Read More
provincial election responsibilities for condominium corporations, board members and condominium managers.

January 29, 2025

2025 Provincial Election: What Condominium Managers and Boards Need to Know

With Ontario’s 2025 Provincial Election scheduled for February 27, 2025, campaign season is about to kick off. For condominium communities, elections bring unique considerations; from handling canvassers and campaign materials to ensuring compliance with the Election Act, 1990 and the Condominium Act, 1998. As condominium managers and board members, understanding these rules is crucial to […]
Read More
how to switch condo property management companies, ICON Property Management, Providing Condominium Management Services in Ontario Since 1995.

January 28, 2025

How to Switch Condo Management Companies Without the Headache

Switching your condo management company can feel like a daunting task. Between legal contracts, resident concerns, and ensuring nothing falls through the cracks, the process can seem overwhelming. But with proper planning and the right guidance, it doesn’t have to be.  As a professional condominium management provider with years of experience helping boards navigate transitions, […]
Read More
condominium property management Toronto

January 27, 2025

How to Join Your Condo Board of Directors (and Actually Make a Difference!)

Owning a condo means being part of a community, and every community needs leaders to help it thrive. That’s where your condo’s board of directors comes in. These elected volunteers handle important decisions that affect your building, your neighbors, and your property value. If you’ve ever thought about joining the board to make a difference, […]
Read More
professional condo management company near me

January 27, 2025

10 Reasons Your Condo Board Needs a Professional Management Company Today

Managing a condominium is no small feat. If you’re a board member, you already know how challenging it can be to juggle financial responsibilities, resident concerns, and property maintenance while staying compliant with legal regulations. It’s easy for things to slip through the cracks; especially when you’re managing a complex community with limited resources.  That’s […]
Read More
What is the Registered Condominium Manager (RCM) Designation?

June 17, 2024

What is the Registered Condominium Manager (RCM) Designation?

When it comes to condo property management, partnering with professionals who have the right credentials is crucial.  Condominium managers who have earned the Registered Condominium Manager (RCM) designation exemplify a higher level of knowledge and professionalism in the field of condominium management, in Ontario.  This designation goes beyond the licensing requirements outlined by the Condominium Regulatory […]
Read More
The Benefits of Owning a Townhouse

June 17, 2024

The Benefits of Owning a Townhouse

Owning a townhouse in Ontario offers a unique blend of urban convenience, suburban tranquility and affordability.  Whether you’re a first-time homebuyer or looking to downsize, a townhouse can be an excellent investment.  In this article, we will explore the benefits of purchasing a townhouse in Ontario. Affordability Townhouses generally cost less than single-family homes making […]
Read More
Should I Join My Condominium's Board of Directors?

May 21, 2024

Should I Join My Condominium’s Board of Directors?

Are you considering joining your condominium’s board of directors?  It’s a decision that requires careful thought and consideration, especially if you live in Ontario.  Serving on a Ontario condo board can be rewarding and impactful, but it also comes with its share of challenges.  To help you make an informed decision, let’s delve into the […]
Read More