Category: Condominium

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...
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...