Gestion Immobiliere Provision

What Gestion Immobiliere Provision does

Gestion Immobiliere Provision is a privately held Quebec-based property management firm founded in 2015 and headquartered in Montreal. The company specializes in managing condominium syndicates (syndicats de copropriétaires) in Greater Montreal, serving over 4,800 co-owners across approximately 6,900 residential doors. Its offering is structured around three modular service tiers: a Financial Package (forfait financier) covering accounting, budgeting, fee collection, and financial reporting; an Administrative Package (forfait administratif) covering board governance, meeting preparation, contract negotiation, and inspections; and a Complete Coverage (couverture complète) bundle that combines both with 24/7 availability and insurance claim handling.

The firm's operational backbone combines professional services with technology. It employs an in-house notary (Mtre Angie Pelonis) and a CPA co-founder/President (Marc Morin), enabling integrated legal-financial compliance with Quebec Civil Code Article 1064 and related co-ownership statutes. Co-owners access property information through a private intranet portal hosted on the Upperbee platform, providing self-service transparency for fees, documents, and unit-level data. Services are delivered through a team of property managers, a director of business development, a paralegal, and administrative staff.

Commercially, Provision operates a B2B subscription model with recurring management fees billed monthly to each syndicate. Pricing is quote-based and varies by package and door count; the company does not disclose list pricing. Its go-to-market is direct enterprise sales to condo boards within the Greater Montreal region, supported by a website-based lead capture and inquiry motion. No external funding, partnerships, or expansion outside Quebec are recorded in the available data.

Name

Gestion Immobiliere Provision

Legal name

Gestion Immobilière Provision Property Management Inc.

Website

https://gestionprovision.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

Gestion Immobiliere Provision is a Montreal-based property management firm serving condo syndicates across Greater Montreal, providing financial, administrative, and full-service management to over 4,800 co-owners across 6,900+ doors.

Ownership category

akta.pro rank

Product category

Condo Property Management

SIC

Real Estate Agents & Managers (For Others) (6531), Services-Facilities Support Management Services (8744)

akta.pro primary industry

Condominium Association Management (BPAJAHAA)

akta.pro secondary industry

Mixed-Use Community Association Management (BPAJAHAF)

Keywords

• Condo property management
• Syndicate management services
• Residential property administration
• Condo financial management
• Co-ownership governance

Headquarters

HQ city

Montréal

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Property Management Services: Recurring management fees for condo syndicate services, with tiered packages offering financial services, administrative support, or complete coverage solutions. Services are billed through retainer or contract arrangements based on service scope.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Gestion Immobiliere Provision is a Montreal-based property management firm that manages Quebec condo syndicates (syndicats de copropriétaires), delivering financial management, administrative and board governance support, daily operations, maintenance coordination, insurance negotiation, and conflict mediation. Services are offered as three packages—Forfait financier, Forfait administratif, and Couverture complète—with a private client intranet portal for co-owner transparency and in-house notary services ensuring compliance with Quebec co-ownership regulations.

Product overview

Gestion Immobiliere Provision operates as a traditional property management company offering a modular service structure rather than a unified software platform. The company provides three distinct service packages: Forfait financier (Financial Package) handling accounting, budget management, and financial reporting; Forfait administratif (Administrative Package) covering governance support, meeting preparation, and contract negotiations; and Couverture complète (Complete Coverage) combining both packages with 24/7 availability. A private client intranet portal (Accès Intranet Client Provision) provides co-owners secure access to property information. The company also offers in-house notarial services. Services are tailored for Quebec co-ownerships (copropriétés) and serve over 4,800 co-owners across 6,900+ doors in Greater Montreal.

Differentiator

Problem solved

Functional benefit

Products and services

• Forfait financier (Financial Package) Financial management service for Quebec condo syndicates providing access to property management software adapted for Quebec co-ownerships, annual budget implementation, preparation of year-end financial statements, allocation of expenses per co-ownership shares under Article 1064 of the Quebec Civil Code, payment processing to suppliers, deposit of condo fees into a separate bank account in the syndicate's name, investment of administered sums under presumed-safe placement rules, arrears collection, and regular communication with the board of directors on the syndicate's financial health.
• Forfait administratif (Administrative Package) Administrative management service for Quebec condo syndicates providing preparation, convocation and participation in 6-8 board meetings per year, preparation and participation in the annual general meeting within 60 days of fiscal year-end, bilingual (French/English) minute-taking, statutory record-keeping, by-law modification proposals, enforcement of co-ownership rules, negotiation and renewal of building insurance contracts, negotiation and signature of service contracts on behalf of the syndicate, and 4-8 monthly building inspections with on-site presence.
• Couverture complète (Complete Coverage) Comprehensive property management bundle combining the Financial and Administrative packages with 24/7 service availability, insurance claim processing, and mediation services for conflicts, providing condo syndicates with a single point of accountability for all financial, administrative, operational, and legal-coordination needs.
• Internal Notarial Services In-house notary service delivered by Mtre Angie Pelonis (LL.B., D.D.N.) that ensures compliance with standards governing Quebec co-ownership properties, provides warranty-related advice, and conducts negotiations and settlements on behalf of syndicates.
• Accès Intranet Client Provision (Provision Client Intranet Portal) Private, secure intranet portal providing Quebec co-owners with continuous, self-service access to property management data and information for their syndicate, supporting transparency and owner engagement.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators2 records

Recent moves2 records

Expansion highlights3 records

Broad incumbents

• FirstService Corporation: FirstService Corporation is North America's largest property management firm with a dedicated residential condo division serving Quebec. It competes with Provision on the same buyer (condo syndicates) and same service scope (financial, administrative, full-service), but operates at vastly greater scale with a national platform and technology stack.
• Cushman & Wakefield: Cushman & Wakefield's Global Occupier Services and Property Management practice manages residential and mixed-use assets in major Canadian markets. It is a broad incumbent offering overlapping services (financial reporting, governance support, vendor management) that larger condo boards may select over a boutique firm like Provision.
• Colliers International: Colliers provides property and facilities management services globally, including residential and mixed-use asset management in Canada. While not exclusively focused on Quebec condo syndicates, its Property Management segment competes for larger and institutional-grade contracts that overlap with Provision's addressable market.

Direct peers

• BG Gestion Immobilière: BG Gestion Immobilière (Groupe BG) is a Quebec property manager focused on condominium syndicates with similar financial and administrative service offerings. It directly competes with Provision for the same Montreal condo boards and operates with comparable headcount scale.
• Wilstar Management: Wilstar Management is a Montreal-based condominium management firm serving syndicates in the Greater Montreal area. It is a direct local peer competing for the same board contracts and offering comparable financial and administrative management packages.
• Sterling Karam Property Management: Sterling Karam (formerly DevMcRC) is a Canadian condo and property management firm with a significant Quebec/Montreal presence. It directly overlaps with Provision on target market (condo syndicates), service model (financial + administrative management), and bilingual service delivery.
• Gestion Immobilière La Cité: Gestion Immobilière La Cité is a Quebec-based condominium and rental property manager serving Montreal-area syndicates. It is a direct local peer with comparable service packages and customer profile (condo boards and co-owners).

Others

• Upperbee: Upperbee is the third-party SaaS platform that powers Provision's coproprietor intranet portal. It is an enabling technology partner rather than direct competitor, but its growing adoption across Canadian condo managers (including rivals) directly affects Provision's technology differentiation.
• Apleona Real Estate: Apleona Real Estate is a facilities and property management provider active in Canada through commercial asset management. While primarily serving commercial assets, its integrated financial/governance service capabilities make it a thematically comparable peer for larger mixed-use condo clients Provision may pursue.

Regional players

• Groupe Immobilier Grilli: Groupe Immobilier Grilli is a Quebec property management and real estate services firm primarily active outside the Greater Montreal core (Laval, Quebec City regions). It is comparable in service offering but operates in adjacent Quebec geographies, positioning it as a regional peer rather than direct Montreal competitor.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/gestionprovision

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Gestion Immobiliere Provision