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6 Rules Registered Property Management Companies Must Follow to Remain Compliant with the Ontario Condo Act
- July 10, 2018
- Posted by: @dmin
- Category: Uncategorized
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Before recent changes to the Ontario Condominium Act, there were no legal requirements governing the conduct of property management companies in Ontario. But incidents of fraud and mismanagement against property owners were a growing concern over the decades, and with the explosive growth of new condominium developments in the province - with 61,337 units underProperty Management Best Practices: How to Know if You Have an Excellent Property Manager
- July 10, 2018
- Posted by: @dmin
- Category: Uncategorized
Let’s face it: hiring the right property manager to care for your valuable real estate investment is essential. When you’re entrusting the day-to-day operations of your condo or building to an individual or an organization, making sure that they are capable and competent is the best way to preserve your rental property’s value, maximize your
How Much do Condo Property Management Services Cost in Toronto?
- July 10, 2018
- Posted by: @dmin
- Category: Uncategorized
Know How to Build Your Budget When Hiring Management Services for your Condo There’s no question that the Toronto condo market continues to be red hot. Despite the fact that home prices in the region plunged an average 40% over the past year, condo launch prices have actually increased 23% over the same period –
Checklist for New Condo Owners
- May 7, 2018
- Posted by: @dmin
- Category: Uncategorized
Buying a new condo in Ontario is quite a bit different than purchasing a resale unit. Since new condo units are sold by the developer, usually before construction has been completed - or even started - there’s a set of specific items you have to verify or determine beforehand. The Ontario frameworks governing new condominium5 Most Common Condo Repair Requests, and How to Quickly Fix Them Yourself
- April 16, 2018
- Posted by: @dmin
- Category: Uncategorized
While most condominium management companies are more than eager to help their residents with maintenance issues, there are several household repairs that you can easily do yourself quickly and easily. There's no need to call in a repair service, as you more than likely have the skills and tools on hand to effect these repairsIs Accepting e-Payments For Rent a Good Or Bad Idea?
- April 6, 2018
- Posted by: @dmin
- Category: Uncategorized
Ask any number of rental management companies and they'll tell you that the collection, tracking, and management of rent payments is a time-intensive task. Some of the issues that arise include late payment, the collection and collation of physical cheques, cheques that fail to clear the issuing bank, and the paperwork involved in keeping trackChanges to Condo Law in Ontario’s Property Management Regulations
- November 21, 2017
- Posted by: @dmin
- Category: Uncategorized
Ontario unveiled sweeping changes to the Condominium Act that alter the way condominiums are managed. They enact new regulations that apply to condo boards, owners, and property managers, and are designed to protect condo owners' investments. The new Protecting Condominium Owners Act is implementing the changes according to a tiered schedule to ensure that allICC® Property Management Ltd. Ranks No. 321 on the 2017 PROFIT 500 for 5th consecutive year
- September 14, 2017
- Posted by: @dmin
- Category: press-release
–Canadian Business unveils 29th annual list of Canada’s Fastest-Growing Companies– Toronto, ON (September 14, 2017) - Canadian Business and PROFIT today ranked ICC® Property Management Ltd. No. 321 on the 29th annual PROFIT 500, the definitive ranking of Canada’s Fastest-Growing companies. Published in the October issue of Maclean’s magazine and at CanadianBusiness.com, the PROFIT 500Toronto gives condominium corporations authority to ban owners from listing on Airbnb
- December 21, 2016
- Posted by: @dmin
- Category: Uncategorized
While Airbnb can be a great option for travellers, many homeowners and renters aren’t aware of the inherent risks of using Airbnb for short-term rentals or visits. From squatting to property damage, you can be liable for the actions of those people staying in your home. For this reason, an Ontario court has given condominium
Commercial Property Management Checklist: Are You Covered?
- December 9, 2016
- Posted by: @dmin
- Category: Uncategorized
Commercial property management brings its own unique set of requirements when it comes to ensuring the safety and well-being of occupants. It is incumbent upon commercial property managers to ensure that their buildings meet proper jurisdictional safety requirements. In Canada, building safety is spelled out in a patchwork of national, provincial and municipal regulations. Building
