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Canadian Apartment Magazine

Demand surges for B.C. multi-family assets

According to Avison Young’s Spring 2015 British Columbia Multi-Family Investment Report, Heightened demand for B.C. multi-family assets was a prevalent theme in 2014.

Canadian Apartment Magazine

Yorkville sees high-end rental apartment deal

Hollyburn Properties scoops up a scarce asset: a rental apartment building in Toronto's Yorkville district.

CondoBusiness

Barrie defers vote on condo garbage collection

Barrie City Council has passed its 2015 budget without funding for providing or rebating condo garbage collection, but could still start either this fall.

Canadian Apartment Magazine

Private rental sourced for subsidized units

Quebec pledges more rent supplements to boost its affordable housing supply.

Canadian Apartment Magazine

Simple solutions for resolving tenant conflicts

All landlords and property managers encounter tenant conflicts at some point. Here are some simple solutions to help mitigate those disputes before you end up in a courtroom.

Canadian Apartment Magazine

Affordable seniors housing planned for Alberta

A 62-unit affordable seniors housing facility in Innisfail, Alta. will be demolished to make way for a new and improved building, slated for completion in 2018. The $17.6-million development, known as Autumn Glen Lodge, will contain 60 affordable units, 30 of which will be reserved for seniors.

Canadian Apartment Magazine

Vancouver to review Residential Tenancy Act

Gregor Robertson, Mayor of Vancouver, has asked the City’s Renters Advisory Committee to review the province’s Residential Tenancy Act in order evaluate what improvements would be favourable for renters. The recently established committee was developed to give renters, who comprise over half of Vancouver households, a voice at City Hall.

Canadian Apartment Magazine

Multi-family housing demand on the rise: CBRE

According to a recent report from the CBRE, demand for multi-family housing is stronger than ever in Canada and, as such, developers are shifting their focus to purpose-built rental housing. The CBRE says multi-family starts rose 52.2 per cent over the five-year average in 2014 as a result of low vacancy rates and a lack of affordable home ownership opportunities.

Canadian Apartment Magazine

Milestone REIT to acquire Atlanta apartment

The Ontario-governed Milestone Apartments Real Estate Investment Trust (Milestone REIT) has agreed to purchase a 236-unit apartment complex in East Atlanta, Georgia. The community, known as the Village at Almand Creek (Almand Creek), will be purchased for $24-million U.S.

CondoBusiness

Working at heights standard takes effect in April

A new working at heights training standard aimed at preventing deaths and critical injuries in the Ontario construction sector takes effect April 1.

Canadian Apartment Magazine

$2-bil housing investment for Quebec seniors

As part of a $2-billion residential housing investment plan aimed at Quebec seniors, Réseau Sélection has embarked on its flagship project, Rosemont-les-Quartiers, a mixed-use development designed to meet the requirements of the aging baby-boomer population. Under the plan, Réseau Sélection is committed to the development of 30 new seniors-focused residential complexes in Quebec over the next five years.

Canadian Apartment Magazine

Modular apartments offer modern solutions

Modular apartments are gaining traction among building owners and tenants in cities across North America.

Canadian Apartment Magazine

Ottawa is Canada’s hottest rental market: Colliers

According to the 2014 Multi-Family Real Estate Report from Colliers International, the total number of sales transactions in Ottawa’s multi-family sector grew 61.54 per cent last year, making it one of the most attractive rental markets in Canada. At the same time, the total dollar value of multi-family asset transactions rose 33 per cent, year-over-year.

Canadian Apartment Magazine

Engaging tenants in energy-savings initiatives

Randy Daiter, vice president, residential at M&R Holdings provides tips for maximizing tenant participation

Canadian Apartment Magazine

New apartment construction surges in Canada

Balliol Park, located on Davisville Road between Yonge Street and Mt Pleasant, is just one of Toronto’s new purpose-built apartment projects currently under construction.

Canadian Apartment Magazine

Leaside retirement community awaits approval

Canadian company VIVA Retirement Communities hopes a zoning by-law amendment proposal will be approved to make way for an eight-storey rental retirement building and a seven-storey condominium for seniors in the Leaside community of Toronto, Ont. The buildings, which would consist of 175 units and 109 units, respectively, would be located at 146-150 Laird Dr.

Canadian Apartment Magazine

Rental housing proposed for iconic Toronto site

Vancouver-based architect Gregory Henriquez recently unveiled his vision for Toronto’s iconic Honest Ed’s site at Bloor St. and Bathurst St., which includes plans for 1,000 purpose-built rental housing units. In partnership with developer Westbank Corp., Henriquez revealed the conceptual Bloor & Bathurst community proposal for 55 buildings with residential, retail and restaurant space at a community meeting on March 3.