By: Iris Khodkar

Roles of a Property Manager

Tags: Property Manager, condo policies, property inspections, maintenance fees, suppliers, landscapers, insurance experts, cleaners, condo board, re/max, re/max west, iris khodkar group

We all know that most condos have a property manager. But not everyone knows what the role entails. In a nutshell, their job is to make sure the condo runs like a well-oiled machine. They do this by working closely with the condo board to detect problems before they arise. They manage the board’s budget and financial statements, and they settle any conflicts related to the rules of the commu...Read More

By: Iris Khodkar

Hidden Kitchens and How to Find Them

Tags: Hidden Kitchen, Accordian doors, Electronic panels, integrated appliances, Tivali kitchen, concealed kitchen, warendorf, re/max, re/max west realty, iris khodkar group

Concealed kitchens are a big hit among homeowners who love the seamless look. Think retractable cutting boards, dishwashers and fridges set behind flush cabinetry, and doors that roll up to reveal all your countertop appliances such as your toaster and coffee machine. Kitchens that look simple, minimalist, and clean can do wonders for your sanity and they also look incredibly stylish too. Here&rsq...Read More

By: Iris Khodkar

MORTGAGE RATE LOCKS

Tags: Mortgage, Rate locks, lock-in, mortgage lender, borrower, mortgage rates, fixed mortgage rates, monthly payments, re/max, re/max west, iris khodkar group

A rate lock, also called a lock-in, is an agreement made between a mortgage lender and a borrower to keep an interest rate unchanged between the time the mortgage is approved and the time the real estate purchase is closed. A rate lock protects many borrowers from fluctuating mortgage rates that may go up in the time they are waiting for the purchase to close. Without a rate lock, borrowers may be...Read More

By: Iris Khodkar

Condo’s With Virtual Concierge

Tags: Condo, Concierge, virtual Concierge, Toronto, Downtown Toronto, Systems, Future, RE/MAX WEST, RE/MAX, Iris Khodkar group

One of the biggest perks of living in a condo is having a concierge who can collect your parcels, protect your building from intruders , and greet you every time you come home from work. But thanks to advanced technology, some condos are doing away with physical concierges altogether and opting for virtual ones instead. Virtual concierges are still operated by a human who, instead of sitting in t...Read More

By: Iris Khodkar

Ways Condos are Reducing Waste

Tags: Recycling, Condo, Condominium, Waste reduction, Environment, Scarborough, Toronto, GTA, RE/MAX, RE/MAX WEST, IRIS KHODKAR GROUP

Compared to homeowners, condo dwellers are terrible at recycling and composting. They divert less of their waste compared to single-family houses. That’s why several condos in Canada have decided to change things up with innovative diversion tactics that ensure their tenants are throwing out less garbage. Thanks to some of these efforts, a residential building in Scarborough, Ontario, that h...Read More

By: Iris Khodkar

RE/MAX 2019 Canadian Housing Market Outlook: Ontario EXCLUSIVE

Tags: Housing market, Canada, Ontario, Toronto, Windsor, London, Hamilton, Barrie, Durham, Brampton, Oakville, Mississauga, Burlington, Niagara, Market, Market Analysis, 2019 Predictions. RE/MAX, RE/MAX WEST, Iris Khodkar Group

TORONTO: Rising interest rates and the mortgage stress test were major factors affecting market activity in Toronto. Overall sales were down 16 percent and the single-detached home market fell short. Condominium and townhome sales are strong in Toronto, and there’s now less of a price difference between freeholds and townhomes. The sale of homes priced below $1 million is expected to remain ...Read More

By: Iris Khodkar

RE/MAX 2019 Canadian Housing Market Outlook

Tags: RE/MAX, Housing Outlook, Ontario, British Columbia, Estimates, Predictions, 2019, Iris Khodkar Group, RE/MAX West

Modest price increases are expected in 2019, as the RE/MAX 2019 Housing Market Outlook estimates the average price to increase by 1.7 percent. Housing market across the country have stabilized in 2018, after the unprecedented increases in average price that many markets experienced in 2017. However, there continues to be some outliers in 2018 average sales price gains, particularly in areas outsid...Read More

By: Iris Khodkar

Smoke Free Buildings are on The Rise

Tags: Smoke Free Buildings, Condo, Toronto, British Columbia, Legislation, Tenant, New Buildings, Iris Khodkar, Iris Khodkar Group, RE/MAX, RE/MAX West

As no-smoking policies become the norm in many public spaces, it’s no surprise that more and more condos are going smoke-free. Toronto is currently building its first-ever smokeless condo on the banks of the Humber River, while condo residents in B.C. have started a petition to ban smoking in all multi-unit dwellings. Many provinces already have legislation that bans smoking in common areas...Read More

By: Iris Khodkar

Are Smart Neighbourhood’s The Way To Go?

Tags: Smart Neighbourhood, Futuristic community, Circular food economy, smart solutions, Toronto, Iris Khodkar Group, RE/MAX, RE/MAX West

With help from Alphabet’s sidewalk Labs, Toronto’s waterfront will be transformed into one of the world’s most innovative residential neighbourhoods. Google’s sister company says the neighbourhood will have digital technology embedded into its every function to provide a better quality of living, resulting in a neighbourhood that could include driverless shuttle buses, traf...Read More

By: Iris Khodkar

Does Your Home Insurance Cover These Risks?

Tags: Home Insurance, Identity Theft, Sewer Backup, Overland Flood Coverage, Policy, Home Insurance Policy, Iris Khodkar Group, RE/MAX, Real Estate, RE/MAX West Realty Inc

As a homeowner, you probably know that it’s important to have home insurance. But do you know what exactly is covered in your policy? According to a recent study, one in three Canadians has not read their home insurance policy. There were three areas in particular where Canadians had the least familiarity: identity, theft, sewer backup, and overland flood coverage. Here’s what you need...Read More