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CondoBusiness

GTA condo sales up 14.4 per cent annually in July

July’s 2,429 condominium apartment sales in the GTA marked a 14.4-per-cent year-over-year increase, reports the Toronto Real Estate Board (TREB). Overall, last month’s home sales for the region

Canadian Apartment Magazine

Downtown Toronto to add rental apartment units

A three-tower, 506-unit rental apartment complex along with 160,000 square feet of commercial retail space is in the works for Toronto's King West neighbourhood.

REMI Network

Condo rentals up 20 per cent from last Q2: TREB

The Toronto Real Estate Board reports that 8,821 GTA condo rentals occurred through the MLS system in Q2-2015, a 20.3-per-cent year-over-year increase.

Canadian Apartment Magazine

Reinvesting in Toronto’s aging rental towers

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.
REMI

CondoBusiness

Canadian home sales dipped from May to June

The number of Canadian home sales tracked through local MLS Systems dipped 0.8-per-cent month-over-month in June, says the Canadian Real Estate Association.

Canadian Apartment Magazine

Mainstreet continues to see double digit growth

Mainstreet Equity Corp., an add-value, mid-market consolidator of apartments in Western Canada, announced its 19th consecutive quarter of year-over-year double-digit growth in pre-tax funds from operations and net operating income.

CondoBusiness

Record number of GTA condo units rented in Q2

The number of GTA condo units rented through the MLS system during the second quarter of 2015 surged to a record-setting 8,200, reports Urbanation.

Canadian Apartment Magazine

CAPREIT expands in tight B.C. rental market

CAPREIT adds to its B.C. based holdings with the acquisition of properties in Victoria and Langley

Canadian Apartment Magazine

New fund underwrites community rebuild

The Côte-des-Neiges borough in Montreal is known for its vulnerable population and lack of adequate housing—the tenants at 2955 Goyer Street being no exception. But this past December, thanks to the Fonds d'acquisition québécois, changes are beginning to happen.

Canadian Apartment Magazine

Effectively managing rental vacancy

Andrew Lowe, Director, Residential Real Estate Management, Oxford Properties Group, discusses the art of maximizing revenue and minimizing vacancy loss.

Canadian Apartment Magazine

Small city approves new mid-rise apartments

A proposal to construct three mid-rise apartments at 168-180 Colborne Street in Brantford, Ontario, has been approved by city councillors.

Canadian Apartment Magazine

Zaha Hadid unveils designs for Mexico apartment

Acclaimed Iraqi-British architect Zaha Hadid has unveiled designs for Esfera City Center, a massive apartment community coming to Monterrey, Mexico

Canadian Apartment Magazine

Economic downturn has rental repercussions

With low oil prices and slow housing starts predicted to take their toll on the economy, what effects will they have on Alberta's rental market? Amit Grover of Colliers, Edmonton, shares his insights.

Canadian Apartment Magazine

MURB sector favours alternative to BOMA BESt

Ontario's Certified Rental Building program adds green standards, while BOMA BESt's multi-residential participation rate declines.

CondoBusiness

Pavement maintenance for pothole season

Property managers face a wide variety of solutions to repair and replace failing asphalt. An expert walks through five pavement maintenance fixes.

Canadian Apartment Magazine

B.C. landlord threatens eviction for dog owner

A Burnaby, B.C. landlord has issued letters to approximately 30 tenants at a 14th Ave. apartment building, demanding that they submit canine stool samples, says a recent article from CBC News. The dog owners, one or two of which are guilty of leaving dog excrement in the building’s stairwell on two separate occasions, could face eviction if they refuse to comply.

Canadian Apartment Magazine

Ontario landlords face fire code violation charges

Earlier this month, the Ontario Court of Justice found two St. Catharines landlords guilty of violating fire code at their apartment building on Maple Street. In reaction to the incident, the city of St. Catharines is warning other landlords to ensure their buildings comply with the Ontario Fire Code or they too will face hefty fines.