For this post, we decided to answer some common questions for condo developers in Alberta. Magnum York Helps with the transition from developers to the owners and make is a smooth process. For more on this transition read this post and also visit our developers page for further information. Enjoy this read and reach out to us if you have any further questions, also if you would like a quote we will send you one within 24 hours. 1. […]
Sponsors Hometown Hockey: Magnum York Magnum York has been asked to be the title sponsor for the Canmore Hometown Hockey event and we are excited to be supporting the Bow Valley with such a great event. Hometown Hockey is in Canmore on February 10 and 11. The weekend will feature broadcast hosts Ron MacLean and Tara Slone, meet-and-greet opportunities with NHL alumni Ryan Smyth, Brendan Morrison and Lanny McDonald, live entertainment and engaging activities for the whole family. The […]
Radio Showcase “Ask the Expert” Series Magnum York Property Management was featured in our last blog post for our spot on Breakfast Television. We are now excited to showcase some audio pieces that have aired on local Calgary radio stations Jack 96.9 FM and 660 AM News Radio. In the first audio segment, Peter Best tells us why condo associations and condominium owners should care about Bill 9. The relatively new property amendment act gives Alberta consumers more protection, let’s listen in and hear […]
Breakfast Television “Ask the Condo Expert” We are excited to announce that we have been featured on Breakfast Television in Calgary! This week was our moment in the spotlight, take a look at the above video. Visit condo.magnumyork.com for a free quote. Condominium Management in Red Deer, Calgary, Olds, Edmonton and Fort McMurray. Property Managers since 1991 $1.8B of property under management 17% of our owners have been with us for over 25 years! Largest independent property manager in Alberta. […]
The new condo act has been passed in the Alberta legislature and it’s positive for consumers across the province. The bill died in previous government discussion but was re-introduced back in 2014. What differences will it make moving forward? Kim Taylor from CTV News tells us more in an informative consumer watch segment. “the condominium property amendment act has 50 changes in it which government hopes will give consumers protection and improve how condos are run”. The Alberta government is addressing […]
A condominium is a community and, like all communities, some are run more smoothly and efficiently than others, and each is unique within itself. A condo is also a corporation and, like other corporations, is governed by a Board of Directors according to the corporation’s by-laws. In the case of condominiums here in Canada, governance is also required to conform to applicable provincial legislation. Proper property management can be an important factor in the ongoing health of a condo community, […]
The average price for homes sold across Canada in March of 2015 was $439,144. The most notable rises in list pricing came out of Vancouver at 7.2%, Toronto at 7.8%, and the Northwest Territories at a whopping 14.7%. So what is Real Estate Value like in Canada? At a national average cost of $440K, what exactly will that buy in Canadian real estate? Where is the best value for your dollar? Coming in below the $440,000 price point are: Summerside, PEI […]
With a 30% decline in sales from 2014 to 2015, the Calgary real estate market has definitely seen better days. In a currently flooded market, available listings continue to rise, while the number of buyers steadily declines. Buyers and investors alike are becoming much more guarded with their funds, due to the fall of oil prices and drastic changes in Calgary’s economic situation. Even the cost of real estate is being affected, as Calgary has already seen a 1.2% […]
After being in property management for over 15 years in the Olds, Didsbury and Sundre areas, the partners of Royal LePage Wildrose have decided to leave the property management business to focus on real estate sales. They have decided to sell their property management operations to Magnum York Property Management Ltd. With Magnum York taking over the operations, it will bring added depth and additional services which will translate to greater benefits to you, our clients. This change will take […]
There’s something we must admit: renting a condo unit is much different than actually Retaining the residents. It can be one of the most challenging aspects of rental property management. Why should you struggle to attract and retain high-quality tenants for a long time? Leaving aside all the time and effort you must spend to fill vacancies, securing a longer lease is more cost effective than finding new tenants every few months. Since finding and keeping good renters for an […]