As temperatures soar and your air conditioning units work overtime, it’s easy to see your energy bills skyrocket. Ensuring your cooling systems are running efficiently can make a significant difference not just in your comfort, but also in your wallet. Here are some...
Managing condominiums and maintaining financial transparency is crucial. One essential tool for achieving this transparency is the financial statement. Two stand out among the various financial statements: the monthly financial statement and the audited financial statement.
In the Spring 2024 issue of Condo Voice, published by the Canadian Condominium Institute, Landmark II is prominently featured as a paragon of condominium excellence. Situated in Thornhill, Landmark II is renowned for its luxurious amenities, exceptional management by GPM Management Inc.
In the landscape of residential living, transparency and access to information are paramount. Recognizing this, the Condominium Authority of Ontario (CAO) was established in 2017, fundamentally transforming how Condominium Ownership is understood and managed in...
The real estate market has long known the importance of top-notch curb appeal. First impressions matter and have a huge influence on the resale value of a property. This is certainly true for Condominium Properties and Shared Facilities as well. Equally important, a...
In late 2023, a major incident occurred on the Go Train due to a faulty e-bike battery that caused a fire. As a result, Metrolinx updated its bike policy to require e-bike batteries to meet standard UL or CE requirements, have no physical damage to the case or...
GPM received inquiries from Board Members on their current investment situation and looking for further context on what to do next in light of the current interest rate situation. Here are some considerations (Note: each Corporations’ financial situation, upcoming...
In this article, we will take a preliminary look at what a Reserve Fund Study (RFS for short) is, and how and why this document is an essential tool for Boards and Condominium Managers to use to ensure both proper maintenance of various common elements components and...
This article provides an overview of considerations, benefits, challenges, and steps involved in implementing EV charging stations in Common Elements of Condominiums. Implementing EV charging stations in condominiums can be complex due to limited parking spaces and...