Development
Actuaries garner new insight into condo finances
The Canadian Institute of Actuaries’ latest insight statement on the longevity of condo infrastructure explores several risks.
Tornado research uncovers risks for homeowners
Canada’s tornado risk is more widespread than once thought, according to a growing body of research that, for the first time, tracks the occurrence and aftermath facing property owners across the country.
‘Windows’ of opportunity for home retrofits
In low-rise homes, including condos, up to 35 per cent of heated air can be lost through the windows during the heating season.
Multifamily remains favoured investment asset
Industry analysts cite Canada’s demographic trends and seemingly chronic housing supply-demand imbalance as fundamentals that should drive robust returns on new purpose-built rental projects.
Opinion: Canada’s blind bidding problem —how transparency plays a crucial role
Although the Canadian real estate market has cooled slightly, affordability remains a major problem – especially when compounded by inflation.
The future of common area design
In the last couple years, the interior design space has witnessed a shift where lobbies were no longer valued as they were seen as unused spaces.
Condo project financing confronts new math
More cautious criteria for condo project financing could upend some development pro formas and potentially constrain housing starts in the coming months.
Existing condos: rising to modern standards
New regulations from multiple levels of government are forcing condominium boards and property management companies to consider more than just a simple cost-benefit calculation when examining repair and retrofit options.
Freeing-up time for capital projects
Achieving a more symbiotic approach to property management requires understanding the crucial tie between leading-edge occupant services and proactive maintenance.
Electric ride-sharing is the newest condo amenity
Residents of a freshly built mid-rise in the Annex neighbourhood of Toronto have a fleet of electric vehicles waiting for them to use, whether that’s for a trip around town, a weekend getaway to the cottage or visiting family out-of-province.
The truth about acoustic underlayment
With the increasing number of people living in condominiums, the need for superior sound control underlayment has become more prevalent than ever.
Ontario condo managers grapple with price hikes
As multi-residential buildings grapple with rising construction costs, condo managers in Ontario are experiencing the impacts up close.
Unconventional ways condos can reduce capital project costs
Ongoing challenges to capital replacement project costs are wreaking havoc on already stressed reserve funds and causing anxiety for boards and property managers throughout the province.
Bulk contracts post Rogers outage
Most bulk agreements have clauses that allow the incumbent to match or beat any new telco’s offer once the initial agreement has expired.
Construction costs rattle the condo industry
Construction cost increases are a significant concern if a condo needs to complete work in the next year or so. But the concern isn't just the here and now.
Housing supply-demand imbalance set to persist
Recent CMHC analysis concludes that approximately 3.5 million additional dwelling units are needed to meet demand and pull prices back into closer alignment with purchasers’ and tenants’ incomes.
Land-use designations stir debate in Mississauga
Landowners in Mississauga wanting to redevelop their properties for residential mixed-use purposes hope to reverse an employment designation on Dundas Street.