Category: Property Management

12 December 2017 - 21:36, by , in Condo Management, Condominium, Property Management, No comments
Owning a condo offers many benefits that make it a rewarding investment, but the tenant selection process is not one of them. Often, it’s the most time consuming aspect of owning and managing a condo, as you want to ensure a thorough inspection that will provide you with tenants you can trust. Investing in affordable...
21 November 2017 - 17:44, by , in Condo Management, Condominium, Property Management, No comments
With the passing of bill 106, the Protecting Condominium Owners Act, condo property management companies have responded by seeking more efficient methods of managing both condo and commercial properties. Anything that can be done electronically, will be, to make management companies the easiest, and most efficient option for condo owners. The liberties granted to condo...
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...
25 September 2017 - 14:59, by , in Condo Management, Condominium, Property Management, No comments
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...
10 September 2017 - 14:47, by , in Condo Management, Condominium, Property Management, No comments
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...