by Editor | November 6, 2017 9:38 am
The Toronto skyline is a long way from the suburban utopia of manicured lawns and white picket fences. While Toronto once spread out, it’s now also rising up, and since almost no one is building new apartment rental units, the demand for rentals has been supplied by condo buyers, many of whom are absent offshore investors. There are some 750,000 condo units with 10,000 condo corporations in Ontario now, so it’s laudable and timely that new regulations under the Protecting Condominium Owners Act 2015 came into force in September with more slated for January. No matter how many new regulations are added, however, says Michael Gwynne, a lawyer at Harris Gwynne Law Firm specializing in condo law, the bigger issue with managing the social dynamics of vertical communities is human nature. Read the article……………
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