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March 2012 Digital Edition
 
 
 
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Residential Issues


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What they don't know can hurt them

Life is made a little bit easier for those of us in the condominium field when our ultimate clients, the unit owners, have realistic expectations about condominium living and have as much insight as possible into their rights and obligations. Knowledge is gained by experience and education, but what are the odds that each new first time condominium owner has taken the initiative to obtain the basic knowledge they need to be a fantastic resident and owner in your building?

 

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Attracting the baby boomer generation

Condominium life appeals to a variety of demographics for a variety of reasons. For some first time home buyers in their twenties or thirties, especially in larger cities, condominiums are the perfect fit for a home ownership experience of convenience and low maintenance demands. Condominium home ownership for the baby boomer generation (ages 45-64) is appealing for various reasons as well, and at a rapidly increasing pace, statistically speaking. Baby boomers are also moving toward retirement and in the next 20 years, all boomers will have achieved senior status.

 

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Opening the doors of the condominium

Months after the Human Rights Tribunal of Ontario ordered a condominium corporation to comply with Ontario’s Human Rights Code to make common elements wheelchair accessible, feelings are still a little uneasy in the tight-knit community.

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The sights, smells and sounds of mixed-use condominiums:
challenges and opportunities

Mixed-use condominiums are becoming more common as we look for ways to create the best developments possible, to respect Provincial greenbelt legislation and municipal mandates for urban intensification and try to entice residential purchasers in an increasingly competitive environment. Typically, they are residential condominium developments that include relevant commercial opportunities on the lower floors of a building. These businesses are intended to appeal to both the condominium residents and outside customers.

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