Condos
REMI Network
New home sales in March continue record low trend
New condominium apartment sales were down 38 per cent from March 2023 and 73 per cent below the 10-year average.
CondoBusiness
The intricacies of EV infrastructure remain at odds with condo legislation
The electric vehicle landscape is complex, ever-changing and at the cutting edge of technology. For condominium corporations and their owners, this means that there is no one-size-fits-all solution.
REMI Network
Metropia breaks ground for Union City under new president
Metropia broke ground Wednesday for its Union City condo community in Markham.
CondoBusiness
Shaping Toronto’s skyline
While improvements in construction technology, metallurgy and resource management have helped developers to build high-rises at more feasible costs, the design process could be more closely considered.
CondoBusiness
Reducing embodied carbon in capital projects
Condo owners now have the opportunity to understand the embodied carbon impacts of capital replacements work at their buildings.
REMI Network
GTHA condos under $500,000 increasingly scarce
The average condo in the GTHA now stands at $645,000, a stark difference from 2013.
CondoBusiness
WELL evolves into residential communities
Minto Communities is the first developer in Canada to pilot the WELL for residential program, which sets out to create healthier homes.
CondoBusiness
Smart home technology draws fragmented feedback
A majority of surveyed residential owners and renters express openness to AI applications within their homes, but nearly a quarter of respondents are characterized as "wary and skeptical" about sharing data.
REMI Network
Plans for $800M luxury skyscraper in Toronto
Freed Developments has plans to construct a 60-plus storey skyscraper in Toronto complete with 100 five star luxury hotel rooms and 400 luxury condominiums that
REMI Network
Condo owners saw home values decline in 2023
Condo owners who bought their units at the end of 2022 saw their homes values decline across 26 markets last year.
CondoBusiness
Overhauling reserve funds in Ontario
As the landscape of aging condos continues evolving, the need for adequate reserve funds to pay for these repairs assumes greater importance.
CondoBusiness
Mortgage tips for new and existing condo owners
While the monthly fees and mortgage process can differ slightly from traditional property ownership, condos are an opportunity to grow with your community and have a say in maintaining the structure, amenities and more.
REMI Network
Toronto’s vacant home tax deadline approaching
In October, Toronto City Council approved an increase in the tax rate for vacant properties from one per cent to three per cent for the 2024 taxation year, which will become payable in 2025.
CondoBusiness
The call for safer condos in Ontario
Conflicts and disputes within Ontario’s condo communities are fueling a conversation around safety reform and adding pressure to make residential buildings better places to live and work.
CondoBusiness
Bill 91: permission given but details missing
Condo corporations can thank the pandemic for the modernization of how meetings, voting and service of documents occur for communities in Ontario.
CondoBusiness
Unintended consequences in capital repair planning
Capital repair planning in the condominium market is a crucial aspect of maintaining and improving aging buildings. However, it is essential to recognize that decisions made in this process can have unintended consequences.
REMI Network
Home sales in Greater Montreal reach near record low
October home sales in the Greater Montreal Area reached the second lowest level of activity in 23 years.
