Category: Property Maintenance

21 June 2016 - 15:21, by , in Property Maintenance, Comments off
Many property manage companies have come and gone in time, and an in-depth market analysis can tell you a lot about why some have thrived where others have failed. After nearly two decades as an established property management company in the GTA, Mareka Properties (2000) Ltd. has seen it all. With that in mind, we’d...
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...
3 March 2016 - 16:56, by , in Condominium, Property Maintenance, Property Management, Real Estate, Comments off
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...