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Is now the time to buy a condo in Toronto?

Toronto’s housing market has been competitive, to say the least. In 2022, the average asking price of a new condo in the Greater Toronto and Hamilton Area (GTHA) peaked at nearly $850,000! Experts believe that, after a couple of years of pandemic uncertainty, pent-up demand overflowed, sending the real estate market into overdrive.    Table […]

Is it possible to own an electric car if you live in a condo or apartment?

While we still don’t have flying cars, we do have vehicles that can operate without gasoline. Tesla EVs look and sound futuristic, and even if they can’t fly, they are working on self-driving capabilities.   It’s not just Tesla that is delivering cool resource-conscious vehicles to the public. Big car companies like Ford and Volkswagen […]

Technology innovations in high-rise condominiums

Condominium communities across North America are experiencing a myriad of financial challenges. The cost of everything, including insurance, water, electricity, and labor, is up by a lot. Furthermore, new legislation regarding reserve funding and energy use is adding additional pressure on U.S. condominiums.    In order to keep up, boards and managers are exploring several […]

Answers to 10 common questions about POAs

If you’ve ever looked up information about a property owners association (POA), you might have seen the term being used interchangeably with HOA (homeowner association). While there are some similarities, POAs and HOAs are not the same thing.     Table of contents     What is a POA, anyway? A POA is an organization that governs […]

HOAs and golf courses

Imagine living 10 minutes away from your favorite golf course. Not only could you sleep in a little bit later if you have an early tee time, but you could probably play multiple rounds in a single day.  Plus, there won’t be any debate about who will be hosting weekend get-togethers. Your friends will happily […]

Master Association vs HOA: What’s the Difference

Many are familiar with the term homeowners’ association (HOA). HOAs started multiplying quickly in the 1960s as the Federal government encouraged large residential housing developments. Today, over 74 million Americans live HOAs, condominium communities, or cooperatives. Table of contents What is a homeowner’s association? What is a master association? Why is a master association necessary? […]

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