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Industry News
Opening of affordable housing building in Vancouver for adults with mental health challenges
The governments of Canada and British Columbia gathered on August 31 to celebrate the official opening of an 18 unit rental building which provides housing for low-income individuals with mental health challenges in Vancouver. Read more >
Verdiroc and Greenwin Celebrate the Fifth Anniversary of 121 Parkway Forest Drive
On August 17, Verdiroc Development Corp.and Greenwin Inc. celebrated the fifth anniversary of The Harold Green Building (121 Parkway Forest Dr., Toronto). Read more >
Call for housing proposals for Summit Action fund in Saskatchewan
The Saskatchewan Housing Corporation (SHC) is seeking proposals for the Summit Action Fund (SAF).
Read more >
HST backtrack could create headache for BC rental housing providers
Advocates for British Columbia’s rental housing industry want to see the harmonized sales tax (HST) retained even though landlords aren’t eligible for the rebates most corporate taxpayers receive. Read more >
Federation of Canadian Municipalities supports Toronto Community Housing’s wind turbine study
Berry Vrbanovic, president of the Federation of Canadian Municipalities (FCM) and councillor for the City of Kitchener, Ont., recently announced a Green Municipal Fund (GMF) grant contribution for Toronto Community Housing. Read more >
Rental housing included in the eco-energy retrofit incentive program for homes
The Canadian Federation of Apartment Associations (CFAA) applauded the Federal Government for extending the eco-Energy Retrofit Incentive Program for Homes in a way which supports energy efficiency in rental housing. Read more >
Ontario Fire Marshall makes recommendation regarding hoarding by tenants
The Ontario Fire Marshall has completed its investigation into a fire at 200 Wellesley Street, a 30 storey, 711-unit residential apartment building in Toronto. Read more >
FRPO announces that Ontario's 2012 rental increase guideline will be 3.1 per cent
FRPO announced June 29 that the Ontario rent control guideline for 2012 will be 3.1 per cent, up from the 2011 guideline of 0.7 per cent. The 2012 guideline is calculated using CPI data from June 2010 to May 2011. Read more >
Important information for landlords regarding rental ads
The Ontario Human Rights Commission has announced that it has written to media and housing websites regarding discriminatory housing advertisements. Read more >
Announcing the launch of LandlordWebsites.ca
Landlord Web Solutions is proud to announce the launch of landlordwebsites.ca - a website that offers landlords the opportunity to build their own rental website using a unique website builder with pre-designed themes. Read more >
Announcing the launch of ApartmentJobs.ca
Landlord Web Solutions is proud to announce the launch of Apartment Jobs – the industry’s first employment website dedicated to the apartment industry. Read more >
Rents lag inflation
The national vacancy rate declined from 2.9 per cent in April 2010 to 2.5 per cent in April 2011. The
average availability rate also declined from 5.4 per cent to 4.3 per cent. However, this still indicates a good
availability of apartments for prospective renters. Read more >
Unique property slated for multi-family residential use in the desirable Edmonds neighbourhood of Burnaby
VANCOUVER, May 25, 2011 /CNW/ - Canada Safeway Limited is marketing a 42-acre property in the Vancouver area that is close to major transportation and transit hubs, shopping and schools and is designated as multi-family in the Edmonds area Official Community Plan. Read more >
A caution on Bell employee access to your building
It has come to FRPO’s attention that Bell Canada employees/agents in the Toronto area have been entering rental buildings on the false premise that they are tending to existing telephone equipment on the site. Read more >
OEB announces increase in electricity prices
Starting May 1, 2011, prices for property owners who buy their electricity through their utility will increase about 6.1 per cent in total for residential units who use an average 800 kWh of electricity a month. Read more >
Spring Hope Food Drive is a success
Read more >
Largest apartment complex sale in Canadian history - Tenant satisfaction key to deal
LONDON, ON, March 3 /CNW/ - ESAM Construction sold Cherryhill Village in London, Ontario to the Minto Group Inc. for $215 million, in the largest sale of an apartment complex in one location in Canadian history. Brokered by Derek Lobo of Burlington-based Rock Advisors Inc., this blockbuster deal included 2,326 apartment units in 13 buildings, the 150 thousand square foot Cherryhill Village Mall and a 30 thousand square foot office building. Read more >
Canada’s largest multi-unit food drive’s aim is to collect 500 thousand pounds of food
March 4, 2011 - Rental housing owners, managers and residents will start collecting 500 thousand pounds of food for the 2011 Spring H.O.P.E. (Housing Owners and People Everywhere) door-to-door food drive on Tuesday, April 5, 2011. Read more >
Greenwin Inc. announces further expansion of management portfolio into Atlantic Canada
Canada’s rental apartment investment sector continued to register healthy market characteristics over the last year. Investors enjoyed attractive yield results and stable income performance. Read more >
New guide benefits homebuyers and builders across B.C.
VICTORIA – A new Residential Construction Performance Guide is the latest information tool to protect buyers of new homes and enhance the quality of construction in British Columbia, announced Rich Coleman, Minister of Public Safety and Solicitor General and Minister Responsible for Housing. Read more >
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