Sign Up | Archives October 11, 2016
Furor over MPAC multi-res cap rates predicted
Assessment notices for nearly 16,000 Ontario multi-residential properties will be mailed out next week, delivering valuations determined for the first time with the newly adopted direct capitalization methodology. Property owners have been promised an advance look and non-adversarial opportunities to adjust values before the assessment roll is finalized, but that has occurred on a fairly limited scale as the Municipal Property Assessment Corporation (MPAC) pushes to reassess about 5.4 million properties province-wide ahead of the next four-year assessment cycle, which begins with the 2017 tax year.
Northview Apartment REIT appoints new Trustee
The Board of Trustees of Northview Apartment Real Estate Investment Trust announced the appointment of the Honourable Jim Prentice, P.C., Q.C., as a Trustee of Northview.
Housing starts trend increases in September
Housing starts in Canada have trended upwards in September, according to CMHC. The trend measure of housing starts was 199,503 units this past month compared to 196,465 in August.
Building from the Ground Up: A Great Foundation for Investors
After a lack of new construction for many years, market conditions have set the stage for a fresh wave of apartment development, according to Canada’s largest non-bank mortgage lender.
Canada-wide carbon polluting fees coming
Canadian provinces and territories have been given a 2018 deadline to either invoke some form of carbon pricing or accept a federally imposed model.
Sault Ste. Marie welcomes Certified Rental Building
The Federation of Rental-housing Providers of Ontario (FRPO) launched its Certified Rental Building Program in Sault Ste. Marie at Pine Allard’s apartment community, located at 751 Pine Street.
H&S Building Supplies Ltd. is one of Ontario's premier maintenance supply wholesalers. We specialize in the multi-unit residential space; providing quality products, competitive prices, on-time delivery, and product knowledge second to none. We exist to service & supply the property management industry.
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Affordable Rental Innovation Fund kicks off
Canada Mortgage and Housing Corporation (CMHC) is looking for unique ideas, new funding models and innovative building techniques to revolutionize the rental housing sector.
First woman in Quebec awarded LEED Fellow
Josée Lupien, LEED AP BD+C & ID+C, is now the first woman in Quebec awarded the status of LEED Fellow, a title of prestigious distinction in the sustainable building industry.
Mass notification systems in high-rise buildings
When an emergency situation arises in a multi-residential setting, things can turn chaotic fast. To prevent this chaos, all residents, visitors and staff need to know what to do and how to react immediately. The most effective way to accomplish this is with a customized, real-time mass notification system.

Ontario opens way to inclusionary zoning
New inclusionary zoning legislation in Ontario could soon give municipalities the power to require that builders include affordable housing units in all new residential developments. If passed, the Promoting Affordable Housing Act, 2016, will be the first of its kind in Canada and could take effect in early 2017, if not sooner.
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