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3 Hidden Condo Damages Every Board Should Know About
Your building envelope is susceptible to direct and indirect damage. Direct damage is obvious and occurs to the building envelope itself. Indirect damage is hidden and results when direct damage is not addressed. As a result, indirect damage ends up costing your condo money as it is slow and progressive. Here, we look at three…
Read More4 Frequently Overlooked Details When Managing Shared Amenities In Condos
Effective management of shared amenities can often focus too much on cleaning and maintenance. Here we look at four frequently overlooked details when managing shared condo amenities. 1.Visitor Parking Visitor parking is often difficult to monitor due to the location. However, a comprehensive management plan helps ensure use aligns with your condo parking bylaws. Visitor…
Read More7 Innovative Ways Your Condo Board Can Greatly Improve the Safety of Your Condo
Crime in condo towers tends to occur in common areas, including garages, elevators, hallways, and stairwells. These areas are visually isolated, making them more vulnerable. Here we look at seven ways your condo board can greatly improve condo safety. 1. Install Closed Circuit Television (CCTV) CCTV is the best way to monitor visually isolated areas…
Read MoreWays an Experienced Property Management Company Can Lower Condo Maintenance Fees for Its Owners
Monthly maintenance fees can indirectly effect condo property values. High fees can often discourage buyers, which decreases demand for units in your building. However, there are ways you can lower condo maintenance fees by working with an experienced property management company. Here’s how they can help. Improving Energy Efficiency Property managers conduct energy audits to…
Read MoreThe most cost-effective upgrades to make your condo building more resilient this winter
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…
Read MoreHow To Make Your Condo More Cycling Friendly
In Toronto cycling is one of the fastest-growing modes of transportation. In fact in the downtown core 15 to 30% of residents cycle to work. Unfortunately, many downtown condos fail to meet the needs of cyclists. Here’s the challenges cyclists face with ideas to make your condo more cycling friendly. Storage Storage is one of…
Read MoreHow To Help Boards Avoid Condo Envelope Upgrade Disasters
Your condo envelope offers long-term exterior protection contributing to heat retention and energy efficiency. When it comes time for upgrades, your envelope must provide durability, energy efficiency and improved appearance. Here we offer tips to avoid disasters for your envelope upgrade project. Reducing Thermal Bridges Thermal bridges impact a building’s energy efficiency as they allow…
Read More6 Ways to Reduce Condo Maintenance Fees With an Experienced Management Company
Raising your condo maintenance fees is one of the toughest calls your condo board makes. If you are not working with a property management company, you lack the valuable insight that can actually reduce condo fees. Here are six cost saving opportunities you are missing without the guidance of an experienced property management company. Opportunity…
Read MoreHow To Improve Condo Efficiencies And Community With Data Driven Decisions
Data-based decisions use factual input to improve both condo efficiencies and the community. Here’s how your board can adopt data driven decisions. More Resident Input Collecting resident input can improve the way you engage the community. When you understand their point of view, decisions reflect the greater desires of the community as opposed to the…
Read MoreCondo Crime: Why Condo Boards Need to Keep Their Eyes on Local Crime
Although condo crime – as in apartment break-ins – is 60% less common than townhouse complexes, condo common areas are easy targets. Thieves can access vehicles, lockers, bikes, and more all under one roof. Therefore, board members should keep their eyes on local crime to understand how to keep the building secure. What Types of…
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