Developing Land into a Mobile Home Park: Costs, Benefits, and Opportunities

As housing affordability becomes a growing concern across Canada, mobile home parks are gaining attention as a practical solution. These communities offer an affordable alternative for residents while providing steady returns for developers and investors. However, with land prices soaring and availability shrinking, the path to developing a mobile home park is not without challenges. …

How to Spot Up-and-Coming Neighbourhoods for Investment

Investing in real estate is as much an art as it is a science. While market data and research are critical, savvy investors often trust their instincts and pay attention to subtle cultural shifts that can signal a neighbourhood is on the rise. Spotting an up-and-coming neighbourhood before it becomes the next hotspot can lead …

Managing Tenants for Beginners: Tips for Condo Units and Basement Suites

Becoming a landlord can be a rewarding way to generate income, but it also comes with its challenges. Whether you’re renting out a condo unit or a basement suite, managing tenants effectively requires understanding their unique needs, minimizing risks, and preventing unnecessary vacancies. Each type of property attracts different types of tenants with specific expectations, …

Smart Entry Systems for Condos: A Guide for Condo Councils

In an age where convenience and security are paramount, smart entry systems are becoming a natural choice for condo communities. These systems offer an appealing mix of advanced technology, enhanced safety, and modern design, but transitioning to a smart entry system requires careful consideration. For condo councils, understanding the benefits, challenges, and steps involved in …

Unlocking the Potential of Secondary Accommodations in Canada

Benefits, Challenges, and Legal Considerations Secondary accommodations, often referred to as secondary suites, are self-contained living units attached to or located within a primary dwelling. They are equipped with their own entrances, kitchens, bathrooms, and bedrooms, offering a separate living space for residents. These versatile living arrangements come with a set of benefits, not only …