Affordable Property Management Inc.


APM has been managing non-profit housing since 1991 and began managing condominiums in 1999.  Maureen Barrey the President of APM was involved for several years in the late 1980’s in the development of residential buildings in the GTA.

The company currently manages condominium properties typically defined as “boutique” properties.  These properties are low-rise apartment and townhouses.

All APM staff have taken courses in risk management, working with Building Condition Assessments and Replacement Reserve Fund Studies and other building related courses offered to the industry. All managers are licensed as required by the Condominium Act, 1998. APM is also governed by the Condo Management Regulatory Authority of Ontario (CMRAO).

APM Senior Staff offer training for Board members.  Governance is a very important part of being a Board member.  Every Board member has a critical role to play and APM will help you to understand that role.

Condominiums are governed by the Condominium Act, 1998 and the Bill 106, Protecting Condominium Owners Act. All APM staff must be familiar with the Act and must abide by it in day-to-day operations. Other legislation that must be adhered to are the Ontario Fire Code, the Building Code, Electricity Act, Occupier’s Liability Act, Smoking in the Workplace Act, Health and Safety Act, Ontario Person’s with Disabilities Act and the Human Rights to name a few.

Replacement Reserve Fund Studies are a critical document in managing a condominium.  Planning for Capital improvements, repairs and replacements is important for the future of the property as well as the financial ability.