12 Tips to Keep Your Units Full
Agency for Co-operative Housing
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Overview of Rental Markets in Prince Edward Island, Ontario, Alberta and British Columbia
Date
5 March 2024
Each year Canada Mortgage and Housing Corporation (CMHC) produces rental-market reports for many parts of Canada. These reports are an in-depth look at the trends Canadians can expect to see in rental housing. We asked Will Dunning, an economist specializing in market analysis, to take a close look
Hire Good Help
Even a very small co-op needs a paid bookkeeper to make sure its money is properly accounted for. Beyond that, a property manager knows the annual and seasonal routines that will keep the property secure and well cared for. When the essential tasks are looked after, volunteers will have the time to
Stay in Good Shape
A residential building requires constant maintenance. Blame it on entropy.
There are caretaking tasks to be done daily or every few days, such as clearing snow, polishing the glass at the entrance, cutting the grass and cleaning the halls, elevators and laundry room.
Routine maintenance should
Tip of the Month
Capital Reserve Balance
61% of Agency clients hold a capital reserve balance of at least $6,000 per unit. By almost doubling the amount from 2007, co-ops are nearly twice as ready to meet their future needs.