Condominium

Consumer protection on Ontario's condo agenda

CondoBusiness

Consumer protection on Ontario’s condo agenda

The Ontario government reiterates its awareness that “more than one million Ontarians call a condominium community home” as it launches one public consultation and promises another.
Mortgage practices up for review in Ontario

CondoBusiness

Mortgage practices up for review in Ontario

Consumer protection, professional conduct and administrative processes are focus areas of Ontario's in-progress review of the Mortgage Brokerages, Lenders and Administrators Act.
Visitor parking scarcity draws criticism

CondoBusiness

Visitor parking scarcity draws criticism

A Toronto Councillor urges clearer rules for visitor parking provisions that account for the differing availability of public parking options in various areas of the city.
An experienced plumber soldering a domestic hot-cold riser

CondoBusiness

Condominium RePiping: A Second Wave of Plumbing Failure

The second wave of plumbing failure has arrived. First it was Kitec, which caused chaos and floods in buildings due to the use of two
Julie Di Lorenzo named to Order of Ontario

CondoBusiness

Julie Di Lorenzo named to Order of Ontario

A trailblazer for women in the real estate industry, Julie Di Lorenzo has been actively involved in all aspects of high-rise residential development for nearly 40 years.
Interest rates subdue multifamily development

Canadian Apartment Magazine

Interest rates subdue multifamily developers

Fallout from higher interest rates may continue to subdue multifamily development, but lenders express more confidence in prospects for new purpose-built rental and high-rise condominium projects next year.
Quebec home inspectors get standardized rules

CondoBusiness

Quebec home inspectors get standardized rules

Quebec is introducing standardized certification and skills upgrading requirements for home inspectors who conduct assessments related to sales transactions.
Brokerage to end dual listing on TSX and NASDAQ

CondoBusiness

Brokerage to end dual listing on TSX and NASDAQ

The Real Brokerage Inc. cites “minimal trading volume” in return for duplicate administrative expenses in the decision to voluntarily delist from the TSX.
Ontario eyes purchase agreements for new builds

CondoBusiness

Ontario eyes purchase agreements for new builds

The Ontario government is considering whether to mandate the legal review of purchase agreements for units in new condominium developments.

CondoBusiness

Superstar Superintendents – Finding a First-Class Building Support Team

Property managers with someone trustworthy on-site, who answers their phone or responds in a reasonable time frame, have an advantage. A building’s staff are the
Ontario awaits patchy debut of discount power

CondoBusiness

Ontario awaits patchy debut of discount power

Most condominium corporations and rental housing landlords will need to make capital investments in energy storage to realize the benefits of Ontario's ultra-low overnight electricity rate.
B.C. to ease rules for strata EV expenditures

CondoBusiness

B.C. to ease rules for strata EV expenditures

Under proposed new legislation, strata corporations would need fewer votes to authorize capital spending and/or building alterations to accommodate EV charging stations,

CondoBusiness

Mould & Fan Coils: A risk you can’t ignore

One of the more desirable "hot spots" for mould growth in condominiums is within fan coil units (FCUs). And left to grow, mould can become a significant health risk to occupants and lead to costly building repairs.
Storage facilities surge linked to cozy condos

CondoBusiness

Storage facilities surge linked to cozy condos

Cozy condo units are linked to the rising profile of storage facilities among commercial real estate’s alternative asset classes.
Ontario proposes sunset for timeshare contracts

CondoBusiness

Ontario proposes sunset for timeshare contracts

The Ontario government is considering a 10-year exit horizon for timeshare contracts as part of its update to the Consumer Protection Act.
Montreal condo developer joins Order of Canada

CondoBusiness

Montreal condo developer joins Order of Canada

Samuel Gewurz, president of Proment Corporation and a pioneering builder on Montreal’s Ȋle des Soeurs, has been named to the Order of Canada.
Condo project financing confronts new math

CondoBusiness

Condo project financing confronts new math

More cautious criteria for condo project financing could upend some development pro formas and potentially constrain housing starts in the coming months.