Category: Real Estate

A condo rental property is one of the most profitable investments possible in Toronto today. With that said, investors often find their money and time wasting away as they chase tenants for rent payments and lose sleep over their properties. Here are 5 mistakes that landlords make, and how you can avoid them by hiring...
There’s never been a better time to invest in rental property in Toronto. There are, however, financial pitfalls that come with owning an investment property and being a landlord. Often unexpected problems, accidents, tenant disputes, or long term vacancies arise that make even a great investment less affordable. Here are some tips to make your...
Summer is almost here and if the residents in your condominium property are like the many others throughout the Toronto area – their minds are already thinking about summer holidays and vacations. While your residents are busy making plans for their vacations, as property managers or owners, you should remind them that to also plan...
With the cost of energy on everyone’s minds, introducing energy efficient and green initiatives are quickly becoming the norm. From government programs for reducing pollution to companies releasing more organic, earth-friendly products, preserving the environment and green living are becoming more prevalent in all aspects. Many condo property management companies in Toronto are now incorporating...
18 January 2017 - 19:16, by , in Real Estate, No comments
The real estate market in Canada continues to grow at an exponential rate. Some savvy Canadians are considering purchasing investment properties, and many other already have. However, property is a big investment, and securing the finances to make this jump can seem daunting. We’re here to help! If you’re interested in investment properties, get financing...
Toronto condominium property management is an ever-changing business! In many cases maintenance fees for Toronto condominiums have been rising much faster than inflation for years, and the topic is always on the minds of buyers and owners alike.  When Mareka takes over the management of a condominium corporation from another management company, part of our...
Last week we talked about buying a condo new from a developer This week we’ll talk about buying a condo as a re-sale When buying a condo as a re-sale, the pitfalls to avoid are slightly different compared with buying one new from a developer. Let’s look at the process first, so we can see where buyers...
Rental tenants have become an increasingly visible demographic in condo corporations over the past two or three years.  More and more investors find that buying condo units for the purpose of generating rental income is attractive. What does this mean for condo owners who live in their units, and for property managers?  A lot.  It turns...
Let’s begin with the understanding that the condominium industry is the same as any other – the vendor wants to charge the maximum possible for their product, and the buyer wants to get the best product they can for the lowest price possible. The vendor and buyer will then enter into negotiations and reach a...