Maintenance costs are a big part of your co-op’s annual budget. Unlike with your mortgage, insurance and property taxes, you can decide to cut your maintenance costs. And we usually think that lower costs are better.
But wait! With maintenance costs, lower might not be better. Lower maintenance
Big, expensive decisions lie ahead for housing co-ops with a single elevator that is starting to show its age. After 20 to 25 years of service, elevators will reach the end of their effective lives. Toward the end of this period, the elevator may experience decreasing performance, along with many
Over the past 30 years, building standards and techniques have changed. So it’s not surprising that Shalom Community Housing Co-operative gained more than its members expected when it undertook major renovations.
Located in Kitchener, Ontario, Shalom is a 40-unit townhouse-style co-op arranged in
Canada Mortgage and Housing Corporation (CMHC) has provided the Agency with the 2019 utility allowances for BC.
Canada Mortgage and Housing Corporation (CMHC) has provided the Agency with the 2019 utility allowances for Prince Edward Island.
Canada Mortgage and Housing Corporation (CMHC) has provided the Agency with the 2019 utility allowances for Ontario.
Canada Mortgage and Housing Corporation (CMHC) has provided the Agency with the 2019 utility allowances for Alberta.
In co-ops where board members are behind on their housing charges, the amount all members owe is almost four times higher than in co-ops where board members pay on time. This number speaks for itself.