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Borrowing
As you come to the end of your mortgage, or earlier, your housing co-operative may need to borrow new money. The property may need more work than the capital replacement reserve can fund. Or you may have been looking forward to updating the older elements of your buildings and units. Some co-ops
Q&A on Housing Charge Increases
Agency for Co-operative Housing
Q&A on Private Financing
Agency for Co-operative Housing
A Closer Look at Canada’s Rental Market in 2021
Date
25 April 2022
Are you curious about the vacancy rate in your city? How about the average cost of rent? CMHC has those answers and more in their most recent Rental Market Report.
We have taken the time to pull out some of the data on rents and vacancy rates in the cities where many of our client co-operatives
Tip of the Month
Client Compliance
In 2008, 70% of Agency clients met every term of their CMHC operating agreement. Now 80% do. And compliance failures, great and small, are also fewer.