Why We Built Stelor: The Origin Story

Fifteen years ago, Steve Laidlaw wasn't running a software company. He was a new condo owner in Calgary, living in Bankview, walking to work, and loving his first big investment. Everything was going smoothly until one day, a letter arrived.

The $80,000 wake-up call

Steve was hit with a special assessment for $80,000. He didn't have the funds to cover it. His savings had gone into the down payment, and there wasn't enough equity to borrow against. He had to turn to the bank, ask his parents, and scrape together every dollar he could.

Others in the building weren't as fortunate. Two of his neighbors couldn't pay and had to hand their keys over to the bank. They lost their homes, their investments, and years of effort.

A personal mission

That experience changed everything for Steve. He made a commitment to help other condo owners avoid the same fate. That promise eventually became Reserve Plus and later, Stelor, a software platform designed to streamline reserve planning and protect condo owners from financial disaster.

Built from experience

Stelor wasn't born from a business idea. It was built from personal experience. Today, it helps professionals write reports faster and with fewer errors, while helping condo owners avoid massive special assessments. Want to see how Stelor works in real life? Reach out and let's connect.