Restoration & Renovation
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.
Haeccity Studio Architecture, a Vancouver-based practice, recently completed a major revitalization of a three-storey, wood-framed building comprised of 19 rental units.
In a changing world where “zero carbon” is the ultimate goal in building design, can retrofits alone make Canada’s aging apartment stock sustainable?
It has been another tumultuous month for Toronto Community Housing, Canada’s largest social housing provider. The city-run entity with a $9-billion portfolio is once again facing criticism for failing in the upkeep of its 58,000 units.
The controversial topic of rent control in Ontario is back in the news after two Toronto City councillors voiced concerns about what they are calling “unethical” rent hikes across the GTA
The Canadian population is aging and seniors constitute the fastest-growing age group. This trend is expected to continue for the next several decades due to a below replacement fertility rate, an increase in life expectancy, and the aging of the baby boom generation.
The entrance to the Pasadena Apartments may be one of few exterior clues as to the interior restoration that will transform the heritage-designated building.
Energy efficiency is more than just buzz—it's the future of the rental property industry. From older buildings getting retrofits to newer builds being outfitted with the latest technologies, it's either go green or get left behind.
A proposed amendment to British Columbia’s Strata Property Act could make it easier for apartment developers to scoop up prime real estate in B.C.’s hottest neighbourhoods.
The Tower Renewal Project is a program to drive broad environmental, social, economic, and cultural change by improving Toronto's concrete apartment towers and the neighbourhoods that surround them. Home to a million people across the GTA, now is the time to reinvest in these vertical communities that have huge potential.
The Quebec government has moved quickly to mandate sprinklers in seniors' homes following recommendations from Coroner Cyrille Delâge.
Renovating a rental property is more than an investment; it’s one that pays dividends. Aside from boosting the property’s value, it demonstrates a commitment to superior quality and gives tenants confidence that the property manager truly cares.
Here are some valuable tips property owners and managers should keep in mind when undertaking complicated structural repairs.
A number of landlords are already receiving substantial returns on their investment from gutting old units ...
When a B.C. landlord faces repairs or renovations in a rental building, the decision to evict an existing tenant to ...
Renovations can often make a building more energy-efficient; however, they can also exacerbate indoor health risks.