Sign Up | Archives August 2, 2016
Ottawa adds new purpose-built rental housing
Purpose-built rental housing is gaining popularity with Ottawa developers for the first time in decades. Low vacancy rates, climbing rents and a glut in the city’s residential condominium market are contributing factors, while perceived improved employment prospects in the federal civil service provide assurance of continued steady demand.
Chartwell acquires Midland retirement residence
Chartwell Retirement Residences announced that it has entered into a definitive agreement to acquire a 121-suite retirement residence in Midland, Ontario.
CAPREIT sells Montreal rental property
CAPREIT announced it has completed the sale of a Montreal rental property containing 145 mid-tier suites. Located at 1150 and 1160 Sherbrooke Street East, the property sold for $24.8 million.
New Construction Financing
New rental construction is a hot topic these days with the media hyping apartment builds as the “big thing” in Canada. While there are some people realizing great returns from new rental construction, the headlines don’t necessarily tell the whole story.
"The Walter" in Kitchener breaks ground
The McGillivray Group, in partnership with Zehr Group and Vanguard Developments, announced the ground breaking of “The Walter,” a new residential development in mid-town Kitchener, Ontario.
Ontario revs up ultra-high speed internet access
Homes and businesses in more than 300 communities across southwestern Ontario will soon have more access to ultra-high speed internet.
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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CaGBC offers free LEED certification in Fort Mac
With rebuilding efforts underway in Fort McMurray, Alberta, the Canada Green Building Council (CaGBC) is offering free LEED registration and certification for commercial, institutional and residential projects.
Pasadena Apartments to become upscale condos
The entrance to the Pasadena may be one of few exterior clues as to the interior restoration that will transform the heritage-designated apartment building into upscale condominiums with modern amenities.
Low supply curbs Toronto apartment deals
Multifamily transactions accounted for the smallest share of commercial real estate investment activity in Toronto during the second quarter of 2016, but sales values still rose significantly above the level registered in the first three months of the year.

Creating the ultimate modern laundry room
By creating an up-to-date, user-friendly laundry room with the latest technologies and high-efficiency machines, property managers can attract new renters, save on utility costs and add value to the property.
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