Who we are

Most of our clients are on digital paperless services. We also understand that there could be a few people in your community that are not comfortable with digital paperless service.  For them, we can print and mail.  If it costs us $15 or less in printing and postage in any given month, we eat the cost.

Full Financials and bank statements will be presented and shared monthly with the board, in advance of meetings (depending on date-bank statements usually come out after the 10th, your financials would come out around the 20th so if you book a late-in-the month meeting, or beginning of the following month you'll have them well in advance--this month we've received our previous month financials for all our clients already by the 17th)

Rare to need to print a cheque since we use SparcPay but if we need to print one on occasion, once upon a time we actually invested in a MICR printer for the office.  With that, it's possible to print a cheque for your corporation immediately (as in right now,) and unless we were printing them regularly there would be no cost to the corporation.  If we receive a physical cheque to deposit, we would bring it to the bank, there's so few of them that we don't need a scanner, they can sometimes be deposited via mobile banking with a phone camera, but we like to visit your bank once in a while too. No issues handling the occasional cheque, but we will likely be collecting condo fees from the owners via EFT or AFT. It's more convenient for everyone.

No. We include those for all our clients

Exactly Correct- The corporation is only allowed to break even by collecting only the related bank fees, plus whatever the management company charges for collection. For administrative handling, MVP currently applies a $25 NSF processing fee to cover the additional work involved—adjusting the PAD withdrawal, updating accounting records, and all the necessary communication.  This fee is billed to the corporation and then recovered from the owner, resulting in a net-zero impact on the corporation’s finances. No action is required by the board, we look after the whole thing.  Our team is excellent, and usually an occasional NSF is already settled and collected by the time of the next month's condo fee payment.  Our collections department is friendly and quick to help an owner get back on track. In the rare case of a lien, liens and lien notices are usually collected directly from the owner via the Lawyer and the lawyer cuts the cheque to the corporation for the amount owing plus interest. We have incredibly low arrears portfolio-wide, we find pretty much all of them can be avoided with timely, accurate and predictable automatic payments, and a watchful eye on the bank account.

No Fee.  We own our own data centres, they are in multiple locations in Ontario, running the highest level banking encryption  (better than North American banks and the military ) designed for and dedicated to the condominium industry for compliance and they have been audited by the CMRAO within the last 6 months at time of writing (Fall 2025)

We have the ability to handle your size of community in-person, via zoom, or hybrid.   One AGM however you like is included each year in our management fees, and if there is a rental fee for a meeting room at the community centre, of course that would be separate.