Resident safety continues to be Magnum York's #1 Property Management Priority

Resident Safety Continues To Be Magnum York’s #1 Property Management Priority As Pandemic Continues

It’s hard to believe just 5 months ago, we were blissfully unaffected by COVID-19. As we continue to get used to our “new normal”, it is essential to remind ourselves how important it is to remain safe during these unprecedented times. Here at Magnum York, the safety of the residents in the 750+ buildings we manage across Alberta remains our #1 Property Management priority. We encourage all residents to visit our previous blog regarding our response to the Coronavirus Pandemic, […]

How Do We Run An Effective Condo Board Meeting?

Since running a Condo Board meeting can be a tricky affair, we have broken it down with our list of 7 helpful tips on how you can run an effective Board meeting to ensure the process is smooth, efficient, and enjoyable. Being a Condominium Board member makes for a thankless role that’s not always easy. Board members typically don’t get paid, are expected to make no mistakes, and have to quickly become informed experts on topics they may have never […]

Alberta Legislature Bill 20, The Amendment To Real Estate Act, 2020

Proposed Bill 20 Legislation Changes the Real Estate Council of Alberta (RECA) and Creates 4 Industry Councils [VIDEO]

Royal Assent given to new Bill 20, The Real Estate Amendment Act (Glubish) June 3, 2020 — Service Alberta Minister Nate Glubish provided details of amendments to the Real Estate Act that will make a better regulator out of RECA (Real Estate Council of Alberta). Check out the video at the end of this article below. “Eight months ago I stood here to announce I would be bringing forward legislation that would being to put an end to the dysfunctional […]

Covid-Virus with coins representing cash flow management during a crisis

How do I find out the current delinquent status of unpaid rent or condo fees for my property? [VIDEO]

Even at the best of times, cash flow management is key to the success of any business and investment. During crises like COVID-19, it’s even more important to establish good cash flow practices. From Magnum York’s analysis, in the first two tough months of the pandemic crisis, we’ve experienced a less-than-expected slight increase in defaults for tenant rent and condo fee collections. Investors and condo boards that have put aside our recommended three-months operating cash savings should be able to […]

Magnum York Property Management Coronavirus Pandemic Response Covid-19

Magnum York’s Property Management Coronavirus Pandemic Response

PLEASE REFER BACK TO THIS PAGE for updated information on Magnum York’s response to the ongoing Coronavirus Pandemic. Index: Latest Update: March 29, 2020 March 19, 2020 March 13, 2020 Important Health, Industry & Government Links Latest Update: March 29, 2020 To say that there are a lot of moving parts to the coronavirus pandemic is a vast understatement. We’re doing our best here at Magnum York to stay up to date with how the government response impacts both our […]

Compostable Organics: What your Condo Board Needs to Know-5022

Compostable Organics: What your Condo Board Needs to Know

In the fall of 2016, the City of Calgary announced the implementation of an expanded recycling bylaw which will affect all multi-family residences in the city. This bylaw will require properties to have both recycling programs, as well as green bins for compostable organics collection systems as part of the waste collection infrastructure. With the rollout of this new mandate, there is going to be a significant increase in landfill tipping fees associated with garbage removal, making it even more […]

DDC Journal: The Power of Exceptional Service-5001

DDC Journal: The Power of Exceptional Service

  We are very excited to announce that Magnum York has once again been published in the DDC Journal! You can find the full article on page 42 of the Spring 2017 issue of the Magazine. “The Power of Exceptional Service”   http://www.ddcjournal.com/issues/spring2017/   Or you can read the article below. It is all about Magnum York’s attention to customer service, the vendor program, and our online portal system. Thanks to DDC for the fantastic write-up.   The Power of Exceptional Service Alberta’s […]

How to Hire Condo Property Managers in Four Easy Steps-4966

How to Hire Condo Property Managers in Four Easy Steps

Magnum York Condo Building Management Hiring a property manager is an extremely important decision. Having the right person overlooking the day to day operations of your property and building should be able to ease the stress that comes along with managing a Condominium Corporation. Especially with all the specific rules and laws you need to be aware of on a day to day. This article will help when you are looking to hire condo property managers. It’s easy to send […]

Kick Ass Condo Docs from Magnum York-4831

Kick Ass Condo Docs from Magnum York

 Condo Docs from Magnum York Having the condo documents you need on hand at all times isn’t something that’s always realistic, and when you don’t have them and need them in a pinch the situation only becomes more difficult. At Magnum York, however, we’ve taken the necessary steps to avoid this unfortunate situation ever coming to pass by using a site called CondoPapers. Document Portal Built for you What CondoPapers does is simple, yet extremely reliable and necessary for all […]

Condo Terms You Need to Know from Magnum York-4829

Condo Terms You Need to Know from Magnum York

Every condo owner knows that there are a few important things to keep in mind when purchasing or managing their property. There are a lot of condo terms thrown around that are related to ownership and management that don’t mean a whole lot to most people. There are also a number of words thrown around that do mean something and should be paid closer attention to. Today we thought we would discuss some of those buzzwords and why they should […]