2025

Introduction: Hamilton’s Bayfront Park is undergoing significant changes as part of the city’s waterfront revitalization plan. These updates aim to transform the area into a vibrant, accessible, and eco-friendly destination for residents and visitors. Key Changes: Improved Accessibility: New pathways and infrastructure upgrades will make the park more accessible for pedestrians, cyclists, and...

Introduction: Heat pumps are becoming a popular alternative to traditional radiant heating systems in multi-family buildings. These energy-efficient systems provide both heating and cooling, making them a versatile and cost-effective solution for property owners. What Are Heat Pumps? Heat pumps transfer heat from one location to another, using electricity to provide efficient heating in the winter and...

Introduction: Upgrading to LED lighting is one of the simplest and most effective ways to improve energy efficiency in apartment buildings. LED retrofit projects can significantly reduce energy consumption, lower maintenance costs, and enhance the overall appeal of your property. Why Choose LED Lighting? Energy Efficiency: LEDs use up to 75% less energy than traditional incandescent or fluorescent...

Introduction: Hydro costs are a significant expense for multi-family property owners. Sub-metering hydro usage is an effective way to reduce costs and encourage energy conservation. With the help of Wyze Utility Solutions, implementing hydro sub-metering has never been easier. How Hydro Sub-Metering Works: Individual hydro meters are installed for each unit, allowing property owners to track and...

Introduction: Sub-metering apartment units is a growing trend in the multi-family housing industry, allowing property owners to track and bill tenants for their individual utility usage. Services like Wyze Utility Solutions make it easy to implement sub-metering and improve building efficiency. What Is Sub-Metering? Sub-metering involves installing individual meters for each unit to measure...

Introduction: The Canada Mortgage and Housing Corporation (CMHC) offers the MLI Select Program, a financing initiative designed to encourage energy efficiency, accessibility, and affordability in multi-family housing. This program is a game-changer for property owners looking to modernize their buildings while accessing favorable financing terms. Key Features of the MLI Select Program: Energy...

Introduction: Ontario’s tenant-landlord laws have undergone significant updates in 2025, affecting both parties in the rental market. Understanding these changes is crucial for compliance and maintaining positive relationships. Key Changes: Rent Increase Limits: The 2025 guideline caps rent increases at 2.5%, with exemptions for new builds and certain other properties. Eviction...

Introduction: Apartment building management is evolving rapidly, driven by technological advancements, changing tenant expectations, and a focus on sustainability. Here are the top trends shaping the industry in 2024 and beyond. Key Trends: Smart Technology Integration: Features like smart thermostats, lighting, and security systems are becoming standard. Sustainability: Eco-friendly designs,...

Introduction: Ontario’s government has introduced new policies to address housing affordability and supply, directly impacting multi-family property owners. Staying informed is crucial for navigating these changes. Key Updates: Housing Supply Goals: The province aims to build 1.5 million new housing units by 2031, including student and retirement housing. Rent Control Guidelines: The 2025 rent...

Introduction: The GTA’s multi-family housing market is experiencing a generational shift, with long-time property owners opting to sell. This trend is reshaping the industry and creating opportunities for new investors. Reasons for Selling: Aging Owners: Many owners from the Baby Boomer generation are retiring and looking to liquidate their assets. Rising Costs: Increased property taxes,...