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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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Displaying items by tag: Condominium

Tuesday, 27 February 2018 19:43

B.C. Residential Development Land Takes Tax Hit

The British Columbia government expects to collect about $520 million in new annual revenue through additional residential property taxes and property transfer taxes.

Published in Construction Business
Friday, 22 January 2016 15:46

T.O.’s Debut Six-Storey Wood-Frame Development

Heartwood the Beach Condos is poised to become Toronto’s debut six-storey wood-frame development. The collection of 40 luxury suites, set to rise on the northeast corner of Queen Street and Woodbine Avenue, is scheduled to enter construction this spring.

Published in Design Quartery
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, 27 September 2018 20:29

General Operating Bylaws Due for Update

Every condominium corporation has a general operating bylaw which regulates the affairs of the corporation and provides a road map for how corporations are to govern themselves. Older condo corporations may still have the original general operating bylaw prepared by the declarant.

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
Friday, 02 November 2018 19:18

Great Gulf Breaks Ground on 8 Cumberland

Great Gulf and its partners Phantom Developments Ltd., The Kadima Group and MM Realty Ventures Inc. recently broke ground on 8 Cumberland, a modern 51-storey high-rise condominium located at the north-west corner of Cumberland Avenue and Yonge Street in Toronto’s Yorkville neighbourhood.

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.

Friday, 28 September 2018 19:19

HVAC Switch Over Snared by Hot Spell

Tensions boiled over last week at Toronto apartment buildings without air conditioning as temperatures soared into heat wave territory in late September.

Monday, 05 November 2018 19:00

Devimco Selected for Montreal Mixed-Use Project

Devimco Immobilier has been selected by Club Sportif MAA, a health and fitness facility, to develop a mixed-use condominium project on Peel Street, just south of Sherbrooke Street in Montreal. Once complete, the 33-storey condominium will feature a revitalized Club Sportif MAA.

Published in CondoBusiness
Monday, 29 October 2018 18:17

How Electronic Voting Works in Condos

Changes to the Condominium Act, enacted in November, 2017, allow Ontario condominium corporations to conduct owner voting by electronic means. While this is new for Ontario, electronic voting has been used in Australia and in more than 20 U.S. states for some time.

Published in CondoBusiness
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