CondoBusiness - Development
REMI

Development

aging in place

Evolving smart home tech redefines aging in place

Emerging technologies are powering homes into active support systems that can monitor, predict and respond to the changing needs of older adults and boost their
procurement

Prioritizing value in engineering procurement

Condo boards face mounting pressure to manage reserve funds efficiently while protecting future owners from unnecessary financial strain.
Toronto green development standard loses clout

Toronto green development standard loses clout

Newly adopted Ontario legislation cancels local governments' ability to dictate sustainable design features through site plan control and forbids them from requiring EV charging infrastructure in private buildings.
balconies

Cracks and corrosion put condo balconies at risk

Aging condo balconies demand structural repair and upkeep to remain safe.
Condominium market collapse brews change

Condominium market collapse brews change

Untenable pro formas, skittish lenders and reluctant buyers are intertwined features of a condominium market collapse destined to further complicate Canada’s affordable housing shortage.
overcrowded

Condos grapple with overcrowded units

Overcrowding is difficult to address and even harder to resolve, especially when governing documents provide little clarity.
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.
retrofits

Barriers stall deep energy retrofits in condo sector

Condominiums are among the fastest-growing types of housing, a trend that is particularly significant in a country where the built environment accounts for roughly 18 per cent of all greenhouse gas emissions.
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.
small space

Rising costs drive innovation in small space living

As living costs continue to skyrocket, particularly in urban centres like Vancouver and Toronto, the way people think about their living spaces has seen major changes.
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.
iPro

Brokerage reform urged amidst iPro scandal

Although all attention is currently on iPro, its shutdown speaks to larger issues around buyer protection.
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.
solar

Solar-powered condo living at The Well

The 1,080-square-foot residence is said to be the developer’s most eco-friendly model yet—where health and wellbeing meets reduced energy use and carbon emissions through innovative technologies.
Loan conditions onerous for condo projects

Loan conditions onerous for condo projects

Loan conditions are expected to be onerous for residential condominium developments again in 2025, following a year when many lenders pulled back on construction financing.