Category: Condo Management

29 July 2016 - 12:05, by , in Condo Management, No comments
Much is made of the rising costs of condos in North York and the GTA, but relatively few people are talking about the increasing cost of condo maintenance fees outside of the condo owner community. In our condo management bubble, complaints about rising condo maintenance fees are as common as solutions are rare! In today’s...
25 July 2016 - 14:46, by , in Condo Management, Condominium, No comments
Condo owners volunteering their time to serve as association board members are often surprised at the demands of the job. And while it’s thrilling to make a positive change in your condo community, serving as a board member can feel like a thankless and frustrating job. Think you have what it takes? In today’s post,...
10 July 2016 - 10:52, by , in Condo Management, No comments
Condo management is a multifaceted service. A condo management professional is part financial advisor, part building maintenance person, and, as we discuss today, part community conflict resolution coach. In this post, we discuss the interpersonal part of condo management, and offer 3 tips to help track and resolve resident conflicts and complaints. Why are condo...
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...
Whether they are in high rise buildings or townhouses, condo ownership is all about community.  When we looked at what condominiums are, we talked about how they’re all about property owners coming together and pooling their resources to afford amenities and services they may not be able to on their own.  In fact, buying a condo is...
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...
According to Wikipedia, quoting the New York Times, the first historical record of condo living comes from ancient Babylon, and unit owners have worried about rising condo fees for the two millenniums since. Everyone knows that condos are a BIG DEAL in Toronto right now.  Everyone is buying one, and downtown, a forest of gleaming new...