CONDOBUSINESS

CondoBusinessSept2018

Message from our Editor:

CondoBusiness provides educational content and breaking news about issues forever reshaping the industry.

Within its pages, readers delve into timely topics that are just as valuable to a volunteer board of director as they are to a seasoned property manager.

Rebecca Melnyk, Editor - CondoBusiness

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Group Publisher: Sean Foley
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Displaying items by tag: Condo

The new and growing crop of buildings rising 50 storeys and up in Toronto will be more complicated and consequently more costly to maintain, one engineer is warning. She is not alone in her assessment.

Published in Construction Business
Tuesday, 15 August 2017 21:00

Why Window Walls are Favoured for Condos

A new report aims to shatter what it suggests are lingering misperceptions about the performance of Toronto’s so-called “glass towers.”

Published in Construction Business
Tuesday, 06 November 2018 21:48

Mortgage Financing Stress Test Makes the Grade

Worrisome harbingers of borrower instability have faded somewhat since a mortgage financing stress test went into effect, Canada’s financial monitor reports. 

Published in Construction Business
Monday, 10 September 2018 20:37

When Board Directors Have ‘Skin In The Game’

Many condominium communities aim to leverage the professional experience of their directors. Matching a director’s role with their expertise makes sense. If, for example, a member of the board has an accounting background, the treasurer’s role would seem a better fit for them over someone without relatable knowledge to bring to the position.

Published in CondoBusiness
Thursday, 11 October 2018 20:20

Creating More Inclusive Condo Communities

In condominium corporations, accessibility is too often — and wrongly — associated with unexpected and significant costs and veiled threats of legal action against unresponsive boards and property managers. It may be more helpful to think of through the lens of inclusivity, which is warmer and more inviting and simply means not excluding anyone.

Published in CondoBusiness
Tuesday, 06 November 2018 19:58

New Minister Picks Up Condo File in Cabinet Shuffle

There’s a new point person on the condo file in Ontario’s Progressive Conservative government after a cabinet shuffle yesterday. Premier Doug Ford has moved Todd Smith to the economic development, job creation and trade portfolio and named Bill Walker, MPP for Bruce-Grey-Owen Sound, as the new minister of government and consumer services. 

Published in CondoBusiness
Tuesday, 06 November 2018 19:33

Insight into Window Replacement in Condos

Residential windows have an anticipated service life in the range of 35 to 45 years but may require replacement in half of that time if problems develop. The timeframe is the same for new windows or windows installed 20 years ago, and depends on the quality of the design, fabrication, and installation.

Tuesday, 06 November 2018 18:37

Mortgage Financing Stress Test Makes the Grade

Worrisome harbingers of borrower instability have faded somewhat since a mortgage financing stress test went into effect, Canada’s financial monitor reports. 

Published in CondoBusiness
Tuesday, 05 June 2018 16:33

How to Remediate Previously Hoarded Units

A hoarded unit can contain a mix of rubbish, including rotten food items, wet garbage, soiled clothing, electronics, furniture, paper and items that may have been retrieved from the trash. This mix of rubbish can almost be ceiling high in extreme cases. 

Published in CondoBusiness
Tuesday, 28 August 2018 16:16

Can Developers Enter Section 98 Agreements?

Interestingly, the Condominium Act does not prohibit a developer from entering into a section 98 agreement with the condo while it still owns the units. In fact, many developers now include section 98 agreements as a standard part of the disclosure package that they provide to potential purchasers.

Published in CondoBusiness
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