In this article, we look at how sale prices and down payments for condos vary depending on where you live.
Not only do late dues impact the community’s ability to make its payments on time, but your financial health could take a hit, too.
If you’re on the fence about moving into an HOA, take a look at the pros and cons before making your decision.
Can you move in without joining an HOA? The short answer is no, but we’ll take a deeper look at why that is in this article.
This article aims to help new owners gain a stronger understanding of how to successfully rent out their condos.
While each board experience is different, joining your condo board will be a worthwhile endeavour. You will learn new things about finances, maintenance, and human connections.
Purchasing a condo is a big milestone. Take the time to ask good questions, and get the information you need to make an informed decision.
Toronto condos are more accessible from a financial standpoint, but that’s not the only reason why people choose condo living.
Moving to a new city and a new environment might excite you in the beginning. But, once you think about all the different costs involved, the idea can seem daunting. Besides the unusual sights and sounds, you must get used to the cost of living, and your accommodation will play a huge role in your […]
A courier truck pulls up in front of a condo building. The driver unloads dozens of packages and drops them off at the front desk as quickly as possible. While concierge takes the parcels to the mailroom, another courier truck arrives. The packages are left unattended, but only for a few minutes. Unfortunately, it only […]
When someone buys a home that belongs to a planned community with covenants, they are generally expected to pay fees and assessments to a homeowners’ association. Though most owners pay these fees without any problems, HOAs can take serious action if an owner refuses to keep up with their financial obligations. Download our notice […]
Whether you are developing, selling or purchasing a condo, a pro forma statement can be a vital tool for decision-making, and minimizing risks associated with investing. But in order to be truly useful, pro forma statements must be based on objective and reliable information. This is the only way to create an accurate projection of […]
While every association might have a different approval process, these points about approval letters are generally applicable for all HOAs.
Parking, pets, vehicles and storage. These are four issues that can create stress, frustration, and conflict for any condo community. When they become a problem, finding a resolution is generally not a clear or straightforward path, and some owners get to a point where they feel as though litigation is their only option.In Ontario, the […]
In Quebec, most condos can be classified as divided co-ownerships. That means the building has private areas (the owners’ units) and common areas that all of the owners share (party rooms, pools, outdoor spaces, etc.). The Quebec Government passed Bill 16 in December of 2019, and this new law will impact some of the […]