Condo Owners Association (COA) Introduction

The Condo Owners Association was formed to address the shortfalls of the Condo Act  and to advocate change by creating a strong and persuasive voice in the community to all levels of Government.  

 

The Condo Owners Association,  Board of Directors have formed a mission statement, mandates and objectives, by-laws, membership drive, directories and database, financial reports and accounts plus has engaged in press conferences, correspondence with City Officials, news articles and private viewings and meetings of key issues.  

 

MISSION STATEMENT 

“To provide a cohesive united voice to represent and protect condominium owners and to 

be a leader In representing and serving the interests of Condo Owners by supporting the development of its members, fostering a prosperous and sustainable economic environment and contributing to the quality of life in our community. “  We are accepting membership to include condo owners and corporations. 

 

 

We wish to provide community based assistance to individual condominium owners 

and lobby the Government of Ontario to update the current legislation. 

 

1.  To create a Government Enforcement Mechanism

2.  To have a clear definition of the "Condominium Act"

3.  To have one standard "Declaration" for all condominiums

 

 

 

 

 

 

                      We invite all Condo Owners 

     and Condo Corporations to join our Membership  

 

  • Help us to take a stand with strength and                       commitment for our future
  • Help us to lobby Government
  • Help us to create a voice to make a difference

 

 

OBJECTIVE

Our objective is to address the negative impact of the HST on Condo Owners   In less than a year all condo owners will experience approximately 

7% increase on the service-related costs of their Annual Budgets.  This additional tax grab will increase maintenance fees well over and above the annual

inflationary increase customary with condominium Operating Budgets not to mention the impact on reserve funds.  We recently formed a press conference 

with huge media attention to bring awareness to the public.  Our coverage extended across the province with prime time 6:00 p.m. news, Global, CCN, City TV,  

and local newspaper interviews  ie Toronto Sun    Our conference was a huge success.

 

We are also representing Condo Corporations in the Waterfront area and have been addressing issues with Waterfront Toronto regarding their plans for the revitalization

of Toronto's Waterfront.    At present there are 5 bridges with timber construction as part of Waterfront Toronto design to create "a straight line along the watersedge

for residents, visitors and tourists to enjoy.  The huge problem behind this plan is the fact that these bridges will block the Waterfront.  In particular, the Spadina 

Footbridge which is the smallest of the bridges causes a great deal of problems to the neighbouring condo building but is also the least travelled.  

More details can be found on our section Waterfront Revitalization for up-to-date information and conceptual drawings of potential changes

 

We have attended the Hall meeting held by Adam Vaughan, Councillor with respect to the pending construction of the 43 storey TCHC - Toronto Community

Housing project slated for the City Park lands which are located west of Spadina and will be affecting a number of newly constructed Condos and to be completed

condominiums in that core of the city.  There are concerns about blockage of views considering this building was originally planned for 9 storeys when many of the

local residents purchased their condo. There is strong objection to this development and the pending schools in the same proximity because of the limited amount 

of children residing in this downtown core.  The majority of children which would average only 6-8 per building are generally 5 years and under.  

 

 

Disclaimer:  Condo Owners Association is not affiliated and does not endorse any political party.

 


Please find out more about Condo Owners Association and click our links below

CONSTANT CHANGES PRESSURES HIGHER FEES 

In 2009,  multi-dwelling buildings ie. residences with nine or more units that are serviced by containerized garbage collection which includes Condominium apartment buildings and some types of townhouses were impacted with Solid Waste Management Fees.  They now have to pay annual garbage collection surcharges.  Maintenance fees were increased to cover the cost since this expenditure is now included in the operating budget. 

 

In the addition, effective February 1st, 2008,  as approved by Toronto City council, the Municipal Land Transfer Tax was implemented and applied to purchases on all Real Estate purchases in the City of Toronto in addition to the Provincial Land Transfer Tax.  

 

In Addition 

The Ontario Government's goal is to set-up smart meters for all homes and small businesses in Ontario by 2010.  At this time, smart meters are not mandatory however a few years ago many condominium corporations decided to move forward with retrofitting and installations of smart meters believing 

Smart meters records how much electricity is used and what time of day electricity is used.  If you have a smart meter, electricity that you use during peak (busy) times will cost more than electricity that you use during off-peak times. This is also called time-of-use (TOU) pricing. Smart meters can help you help you control your electricity use and lower your electricity bill.  The cost to have smart meters installed will ultimately save money for Corporations over time however the initial cost could create some financial burden to some condominiums although the long term saving is beneficial..


This Web Site is Sponsored by Linda Pinizzotto, Realtor®  Sutton Group Quantum Realty Inc.

Email:  LindaPinizzotto@rogers.com   Bus:  416-467-5050    or   Bus:  905-822-5000