Succession planning is the best strategy to prepare your condo board for inevitable director turnover. Here’s what happens when your board takes the time to invest in succession planning and why it’s the best strategy to maintain a high performing, engaged team of directors. What is Succession Planning? Succession planning for board members is a…

Despite overall residential waste production declining in Ontario, the province produced 3.8 million tonnes in 2020. As a result, now is the time for your condo board to adopt waste-diverting strategies and responsible waste management practices. Here’s how. Waste Management Bylaw Updates Reviewing and updating your waste management bylaws/policies can help reduce your condo’s waste,…

The competition to find an effective property manager in Toronto is teetering on a crisis as government housing targets loom. Here we look at possible property manager availability challenges the aggressive government housing plan presents, with condo board tips to help you avoid them. The Current Scenario According to the Association of Condo Managers in…

Although condo property management is a licenced profession, many condo boards seek property managers with supporting MBAs. While you need to run your condo corporation like a business, the one critical skill that makes more sense in property management focuses on a different area of expertise: Engineering. Here’s why property managers with an engineering background…

The windows of your condo property impact the building’s aesthetics, energy efficiency, and water/air tightness. When your condo board embarks on a window replacement project, addressing these factors is critical. Here, we spotlight condo window replacements with tips for success.  Timing for Condo Window Replacement A general rule of thumb is that windows require replacement…

The title “Condo Manager” can be misleading. While one condo corporation might hire a Condo Manager to oversee administrative duties, another might hire them to carry out duties that require a license. The Condominium Management Services Act defines the core responsibilities of a licensed Condo Manager. Here we compare the core responsibilities of a licensed…

Managing a new-build condo is a significant responsibility. However, hiring a licensed condo property management company ensures your team succeeds from day one. Here’s our tips to help find the best property management company for your condo corporation. Make Sure a Condo Board is Involved The condo developer creates and controls the first board of…

Resilient buildings hold up to major damage caused by catastrophic weather conditions. With climate change wreaking havoc on Toronto properties, your winter maintenance strategy should focus on ways to improve your building envelope to reduce risks for weather related issues. Here we look at the most cost-effective upgrades your board should consider this winter. Window…

Outsourcing administrative work provides a direct route to improved efficiencies for your condo board. When you outsource your administrative management function you quickly fill in the skills gaps. As a result, you improve day-to-day operations, reduce stress, and enjoy cost-saving wins for your condo corporation. Improving Efficiencies as a Result of Outsourcing Administrative Management Often…

Nothing makes condo owners happier than seeing their hard-earned dollars at work. When you ensure your winter maintenance is well-managed, residents feel their property is being cared for and their common element fees are being used wisely. Here’s how to keep residents smiling even when the bitter cold of winter is upon us. Secure Trusted…