Micro apartments are increasingly becoming a part of the purpose-built rental apartment market, particularly in cities like Vancouver or Toronto where the marketplace has made rents significantly high. Micro apartments aren’t new. They have been a part of the New York...
1. Supply is extremely limited. Throughout Canada, vacancy rates are low and average rents are rising. A lot of this is because the supply of apartments has been constrained. Between 1975 and 2000, very little construction of new apartments took place, because rent...
As a typical apartment owner, you can’t be everywhere at once. You can’t always be fixing the plumbing, handling rent cheques, or, most importantly, giving tours of vacant apartments and keeping your building filled. You have a staff that handles these tasks. But how...
A lot of the green revolution that’s sweeping our industry lately has been about efficiency. How do we heat and power our buildings using less energy? How do we build using more recycled materials? How do we design to use the most floorspace in the smallest footprint?...
In Canada, especially in heated real estate markets like Vancouver and Toronto, pundits are looking at the rush of condominium construction and wondering if this will be bad for the real estate market. Thus far, however, the condominium market has defied expectations...
