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Ontario’s new approach to condo directors’ responsibility creates a world of liberty for Toronto owners. However, this new autonomous strategy to condo management can lead to an accumulation of time consuming, costly conflicts that many condo owners didn’t necessarily sign up for. Is it really enough to simply take a three-hour online starter course to...

In our last post we talked about the new rules established on September 1, 2017 in Ontario, involving the eviction of tenants for personal use of a condo unit. In this post we will discuss the new rules from the view of the tenant and the landlord. For fair and lawful condo property management services...

New rules regarding tenant evictions in condominiums have come into place in Ontario as of September 1, 2017. All landlords and property managers must adhere to stricter rules involving the eviction of a tenant; failing to do so can result in fines of up to $25,000. These new rules are  a part of the Ontario...

With the hot real estate market in Toronto right now, buying a condominium is an ideal investment and a great way to earn some extra income in Toronto, but being a landlord is no easy task. That’s why you need Mareka Property Management, one of the most trusted and established condo property management companies in...

For most members of the condo community, the property manager is the face of the condo corporation or homeowner’s association. They are responsible for day-to-day running of things– they look after the bank accounts, handle the checks, field correspondence, and interact with owners more frequently than the board of directors does. Day-to-Day Operations of Condo...

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...

Mareka is a renowned property management group, specializing in condo management. An established management company, Mareka operates across the Greater Toronto Area, from Scarborough to Mississauga. We offer valuable expertise, accountability, quality service, and a proven track record, providing peace of mind. Trust Our Experience Trust condo management to the experts: We have the experience...

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...

A condo status certificate provides information regarding a specified condo unit and the corporation that owns the condominium. Typically, it provides several important facts about the financial health of the corporation, plus documentation regarding the all regulations and rules and regulations of the condo. Status certificates can also give a unit owner a complete idea...