Merry Christmas!

 Merry Christmas and Happy New Year!

May your Christmas sparkle with joy and your heart be warmed by love.

Have a holiday filled with happiness! Happy New Year!

Place Royale Board of Directors

Budget Newsletter 2025

Budget Newsletter 2025

Dear Place Royale Owners: 

We hope this letter finds you well. As you know, from 2014 to 2023 our condominium has been fortunate to maintain a zero percent increase in condominium fees. This decision was made to provide stability and predictability for all unit owners while ensuring the financial health of our reserve funds.

After a thorough review of our operating expenses, and reserve fund needs, Place Royale Board of Directors has determined that it is necessary to implement an increase of 5.60% in condominium fees for the fiscal year 2025. This decision reflects our commitment to maintaining the long-term sustainability and value of our property. 

Our review looked at:

Rising Operating Costs

Over the past decade, inflation and increasing costs for essential services such as maintenance, utilities, and insurance have placed additional pressure on our operating budget.

Roof Repairs

Planned repairs to the roof are scheduled for early 2025. These repairs are a necessity and provide protection for suites particularly on the PH Level. The repairs will be conducted in two parts. Part one will ensure that all exposed areas are repaired, and the covered area of the roof will be done as needed. 

Community Enhancements

Planned improvements to shared amenities and infrastructure require additional funding to maintain and enhance the quality of life for all residents.

Windows

In our AGM in 2019, Place Royale Board of Directors indicated that we hoped to replace the Windows by 2027. However, the cost of the windows is beyond our current reserve fund, as such a letter will be going our in 2025 to get feedback on different options of paying for the windows. Based on the feedback of the letter, an action plan will be developed.  

Reserve Fund Study

A reserve fund study will be conducted in 2025 which will take into account the future needs of the Corporation. The reserve fund study will also determine the percentage increase in condo fees for at least the next three years. 

If you are not enrolled in pre-authorized payment, we request that you register for the pre-authorized payment plan for timely remittance of common element fees. Unit Owners can also drop off 12 post-dated cheques dated the 1st day of each month of the year 2025 made payable to “P.C.C. 239”. Please mark your unit number clearly on the cheques. 

Place Royale Board of Directors

Newsletter Update 50

Newsletter Update 50

Fancoil Cleaning Program

Each owner is responsible for maintaining his/her Fancoil System. While most residents have already conducted their yearly maintenance there are still some suites that have not. Place Royale Board of Directors have negotiated a price with a preferred HVAC company for the following service:

• REMOVE, CLEAN AND TEST FAN ASSEMBLY and REINSTALL FAN

• CLEAN DRAIN LINES AND DRIP PAN (THIS REDUCES LEAKS TO THE SUITE BELOW)

• CLEAN EVAPORATOR COILS C/W DEODORIZERS

• REPLACE AIR FILTER

• START UP AND TEST

The cost of the Fancoil Cleaning Program is as follows:

• $159.00 for suites with one fancoil

• $130.00 x 2 ($260.00) for suites with two fancoils

Note: Should your fancoil require repairs, a quote will be provided by the Contractor and a cheque will be required prior to the start of the work.

Please, contact Management Office for details. Service limited to first 50 suites. 

Place Royale Board of Directors

Gym Renovations

 Gym Renovations

Please be advised due to renovations and upgrades the Gym will be closed until further notice.

We apologize for any inconvenience. We thank you in advance for your patience while we continue to strive in making Place Royale a great place!

PCC-239
Simsons Management

Air Conditioning

 Air Conditioning

Dear residents,

We are writing to inform you that the Air Conditioning will be turned on the week of May 17th, 2024.

Ensure that you change your filters as this will improve your AC performance. You can purchase a filter for $10.00 each. Max 2 filters per suite. 

Fancoil maintenance should be done by the unit owner once a year prior to the AC being turned on. If you are renting, contact the owner and they can pay for the service. 

Servicing your system reduces water damage from clogged fancoil drip-pans. 

For all services in the building, cheques must be made to PCC 239. Ensure that you have a receipt.

PCC-239
Simsons Management