CondoBusiness - Construction
REMI

Construction

procurement

Prioritizing value in engineering procurement

Condo boards face mounting pressure to manage reserve funds efficiently while protecting future owners from unnecessary financial strain.
Altree Developments

Unlocking Toronto’s Missing Middle housing

Despite being recognized as essential for building affordable, livable communities, "Missing Middle" housing development continues to lag in Toronto.
Slumping new condo sales have ripple effect

Slumping new condo sales have ripple effect

A fix to revive slumping new condo sales will be tricky to execute in current market conditions, which have chased off investors in Toronto and Vancouver.
condo

Condo downturn “less severe” than 1990s crash

Toronto’s once-booming condo market has been deteriorating over the past year, echoing the condo crash of the 1990s. However, a new report from Canada Mortgage Housing Corporation suggests a less severe outcome this time around.
neighbourhoods

Emerging neighbourhoods in the GTA and GVA

Significant infrastructure investments, especially in transportation, are improving neighbourhoods across traditionally undervalued urban and suburban areas.
condo market

Condo market data reveals long-term risks

CMHC found that sales declined by 75 per cent in Toronto and 37 per cent in Vancouver over the past three years.
performance audit

Performance audits: what new condo board members need to know

When condo owners join the board of a newly registered condominium project, they’ll often face a lot of new processes and terminology that they’re not familiar with. One of the most significant is a performance audit.
condo market

Canada’s condo market: A look at 2025 and beyond

With significant inventory on the market, changing interest rates, and delayed new developments, the way forward is complex.
shared facilities

The pitfalls of shared facilities agreements

A shared facility agreement is often a quagmire of legal mumbo jumbo that is next to impossible to interpret.
aging

Anticipating the needs of aging condo communities

New updates to the OBC, which come into effect January 1, 2025, do little to address accessibility. How can existing condos prioritize inclusion when planning for renovations?
Future Cities

Future Cities Institute aspires for breakthroughs

The institute aims to tackle the systemic drivers of housing-related affordability and innovate across sectors.
home sales

How can developers protect against defaulting buyers? Mitigation strategies in today’s market

Developers of residential homes have faced significantly increased numbers of purchasers not closing their deals due to the inability to obtain financing.
Toronto

Condos viewed as viable long-term housing option

A recent survey, commissioned by Toronto developer Devron, shows that 47% of Torontonians believe condos are viable long-term housing option.
Toronto

Shaping Toronto’s skyline

While improvements in construction technology, metallurgy and resource management have helped developers to build high-rises at more feasible costs, the design process could be more closely considered.
housing

Politics, red tape and the housing industry crisis

A timeline of legislation that shaped Ontario’s current supply and affordability issues.
WELL

WELL evolves into residential communities

Minto Communities is the first developer in Canada to pilot the WELL for residential program, which sets out to create healthier homes.
condo

Tailoring amenities to evolving demographics

The types of amenities that were once popular in condos have changed.