Canada’s one stop platform and the #1 National voice to the rental housing industry

Maintenance

Community Laundry Rooms are getting a Makeover

Posted in Communications, Industry Trends, Interior Building, Laundry, Maintenance, Utility Management

Community Laundry Rooms are getting a Makeover

Canada is hopping. The economy is stronger than ever and growing. The large millennial population is ready for home ownership. And home prices continue to rise. However, higher prices may mean a good portion of this millennial group may be renting for a longer period of time than normal before becoming first-time homebuyers. Now add to the equation a multi-housing market that is starting to see new construction. Bottom line – owners of apartment properties need to make sure locations are...

read more

Up to 25% of heating energy escapes from multi-residential buildings

Posted in Communications, Exterior Building, HVAC / Mechanical, Interior Building, Maintenance, Newsworthy, Suite Renovations, Utility Management

Up to 25% of heating energy escapes from multi-residential buildings

Most multi-residential buildings are very leaky (not airtight), with 20 to 25% of heating energy simply seeping away. As a result, air leakage has a significant impact on annual space heating and cooling costs as well as peak energy demand. Furthermore, leakage is greatest during the coldest periods of the year. In fact, during the winter, air leakage can account for 40% of a building’s overall heating bill. Air leakage can also have a significant impact on a building’s envelope. Moisture...

read more

Ontario to roll out new rules for condo boards

Posted in Appraisal, Bylaws / Regulations, Communications, Development, Health & Safety, Housing, Industry Trends, Legal, Legislation, Maintenance, Newsworthy

Ontario to roll out new rules for condo boards

Condo dwellers who want to sit on their building’s board will be required to be trained in the management and operation. Ontario’s 1.6 million condo dwellers will be able to take disputes to a tribunal under new provincial rules that include mandatory training for condo directors and licensing for building managers. Until now, condo owners and corporations had to hire a private mediator or go through the courts to pursue issues ranging from noisy neighbours to corporate record access. It’s an...

read more

Bill 124, Rental Fairness Act 2017

Posted in Bylaws / Regulations, CMHC, Communications, Development, Finance, Housing, Industry Trends, Legal, Legislation, Maintenance, Newsworthy, Real Estate Law, Rent Control, Tenancy Law

Bill 124, Rental Fairness Act 2017

On April 20, 2017, Premier Wynne announced that at the first opportunity, the provincial government would introduce legislation that if passed (likely with a majority government) would expand Rent Control to all rental housing in Ontario.  This would specifically delete the “post-1991 exemption”. The first opportunity was Monday, April 24, 2017, and the provincial government introduced Bill 124, Rental Fairness Act 2017.  This legislation if (when) passed will amend key parts of the...

read more

City of Toronto’s New Apartment Building Bylaw Passed by City Council Effective July 1st, 2017

Posted in Bylaws / Regulations, Communications, Health & Safety, Housing, Industry Trends, Interior Building, Legislation, Maintenance, Newsworthy, Pest Control, Tenancy Law

City of Toronto’s New Apartment Building Bylaw Passed by City Council Effective July 1st, 2017

On March 29, 2017, Toronto’s City Council passed a new Apartment Building Management bylaw that will impact all multi-res buildings three stories or more and 10 or more units in Toronto. This regulatory bylaw, that comes into effect on July 1st, 2017, requires the registration of rental apartment buildings and the payment of annual per unit fees, imposes new standards to “improve” preventative and on-going maintenance and tenant communications, requires compliance with additional information...

read more

Condo dwellers fight the short-term rental boom in highrise neighbourhoods

Posted in Appraisal, Bylaws / Regulations, Communications, Health & Safety, Housing, Industry Trends, Insurance, Legal, Legislation, Maintenance, Newsworthy, Real Estate Law, Tenancy Law

Condo dwellers fight the short-term rental boom in highrise neighbourhoods

Security concerns, parties, crime and wear and tear on amenities have condo owners fighting back against services like Airbnb. Kahile Gondo has lived in her downtown condo for about five years. But even though it neighbours two of the busiest, most eclectic places in the city — the Eaton Centre and Yonge-Dundas Square — Gondo only recently began locking her unit door when she’s at home. “There’s 44 floors in this building with about 10 units on each and I’ve never had a sense something was...

read more

CFAA Awards Program 2017 Launches Today

Posted in Communications, Events, Housing, Industry Trends, Maintenance, Marketing, Newsworthy

CFAA Awards Program 2017 Launches Today

CFAA Rental Housing Awards 2017 After the successful roll-out of CFAA’s first-ever Rental Housing Awards Program in 2016, CFAA is happy to announce that applications are now being accepted for the 2017 Awards Program. This year’s categories are: Property Manager of the Year On-Site Employee of the Year Off-Site Employee of the Year New Rental Development of the Year Renovation of the Year New Product or Service of the Year (for CFAA Suppliers Council members) Association...

read more

Getting Your Tenants to Renew: Why They Stay, and How to Keep Them

Posted in Communications, Maintenance, Marketing, Suite Renovations

Getting Your Tenants to Renew: Why They Stay, and How to Keep Them

Let’s be honest: Filling a vacancy is a hassle. It takes time, it sometimes means losing out on rent, and it’s probably something you prefer to do as infrequently as possible. So if you have a good tenant, how do you get them to stay? While some factors are beyond your control, such as your renter relocating for a new job, there are several things you can do to keep your reliable tenant happy and eager to renew. Why renters stay Renters stay put for a number of reasons: They may prefer the...

read more

No Tricks! 8 Halloween Safety Tips for Your Rental Property

Posted in Exterior Building, Fire Safety, Health & Safety, Interior Building, Maintenance

No Tricks! 8 Halloween Safety Tips for Your Rental Property

Story by Jennifer Chan While Halloween is typically a night of festive fun, the increased foot traffic can bring some additional risks to your rental property. Before your tenants dole out the candy to little ghosts and witches, make sure your rental is ready. Here are eight Halloween safety tips to help protect your property and its visitors. 1. Clear walkways and sidewalks of leaves and debris Make sure any areas where trick-or-treaters tromp, including your sidewalk, driveway and walkways,...

read more

5 Multifamily Budgeting Myths Debunked

Posted in Communications, Finance, Housing, Maintenance, Technology

5 Multifamily Budgeting Myths Debunked

Story by: Christine Bright “Budgets were originally designed as control mechanisms. As such, they are traps …” Budgets are effective tools if implemented correctly. Understandably, they are large undertakings and require a lot of time and planning. The challenge is that good companies often create bad budgets, then compound a budget’s ineffectiveness by rigid standards and resistance to make good business decisions based on what’s been created. Bad budgets lead to operational deficiency, which...

read more