Renovations or retrofits to an investment property that increase rents and/or decrease operating costs may also increase a property’s value. Cost and value, however, are not synonymous, and not all renovations are as profitable as one might expect.
There are four basic steps that those responsible for a property need to take to help manage disasters such as floods.
A sharp rise in energy costs and strict sustainability mandates have been spurring business owners to explore alternative solutions for decades. Could on-site energy storage be the next green ticket?
Private property owners in Ontario, including condo corporations, could find themselves paying a premium to keep their walkways safe this winter.
Could the recent sale of a Toronto condo for cryptocurrency be the first sign of a shift in the condo industry towards use of digital currencies?
What is being left behind as technology becomes more a part of day-to-day living in a community? Should some things be done the “old-fashioned” way?
Planning to build a retirement home? CMHC recommends developers consider the following key factors before investing in on-site services and amenities.
Building amenities have come a long way, and just like price and location, they can have a significant impact on the type of tenant a rental property will attract.
Some condo lobbies may be looking spare lately because the lounge furniture that usually occupies these spaces is being targeted as a fire risk.
In a changing world where “zero carbon” is the ultimate goal in building design, can retrofits alone make Canada’s aging apartment stock sustainable?
Good exterior lighting will beautify a property while also enhancing security. Here are some low-cost tips from rental property managers looking to 'light the way' to happier tenants:
Much of the existing building stock falls short of the universal design ideal, but RHFAC can help owners/managers identify impediments to access and set priorities to address them.
Lighting design can make a big difference in the safety and security of a condominium.
Tensions boiled over last week at Toronto apartment buildings without air conditioning as temperatures soared into heat wave territory in late September.
The TSSA recently lifted the requirement to undertake certain upgrades to the controls of single-speed elevators, but it doesn’t mean building owners should abandon modernization.
The intrusion detection system (IDS) is slowly being incorporated into integrated security solutions in condominiums.
While oversight of electricity and gas metering has been in place for quite some time, thermal metering has remained unchecked in Canada. But not for long.