Annual Fee
Annual Fee
On January 1st, all accounts are charged the annual HOA fee.
$210 Single detached home
$105 Multi-unit home
There have been no changes to the HOA fee since 2002 inception.
Interest at 18%, late fee and collection charges are applied to arrears.
Sample December 31st balance with interest:
$105 + $18.90 = $123.90
$210 + $37.80 = $247.80
Payment options
Mail/ Office
Include your name, contact information, & the address that funds apply on all payments.
Mail cheque/ money order/ bank drafts, use the mail slot by Simco's office door or make a payment in Simco's office.
Kincora Residents Association
c/o Simco Management
Online Portal
EFT and credit card paym
Mail/ Office
Include your name, contact information, & the address that funds apply on all payments.
Mail cheque/ money order/ bank drafts, use the mail slot by Simco's office door or make a payment in Simco's office.
Kincora Residents Association
c/o Simco Management
Online Portal
EFT and credit card payments have a per transaction fee added to your payment. Credit card payments have an additional POS fee. (Contact Property Manager to set up)
Pre-authorized payment (PAP) is an automatic*, once annual payment processed about January 1st. (Contact Property Manager to set up)
*Changes to your banking information stop PAP agreements without notice.
Arrear payment
Arrear payment
As directed in the documentation, an account that has been contacted by SVR Lawyers should communicate and make payment through SVR Lawyers.
Account balance with Simco Management may not show the complete SVR arrear balance. SVR payment made through Simco's office or online can delay the payment credit and delay the closure of collection. Notify SVR Lawyers if this has occurred.
KRA Boundary
Although the Kincora Residents Association (KRA) shares a similar name to the Kincora Community Association (KCA), the KRA does not share the same boundary or serve the same purpose.
All owners, within the red outline area as shown in the Boundary Map, are members of the KRA.
An encumbrance exists on all buildings, detached & multi-family units within the KRA boundary. The encumbrance outlines the non-optional, annual payment required.