FE Magazine - Fall 2025

FALL EDITION 2025

SYNERGY PARTNERS: TRANSFORMING 240 MARKLAND DRIVE

WOMEN IN RENTAL HOUSING LUNCHEON & GOLF HIGHLIGHTS

REDEFINING PROPERTY MANAGEMENT: THE STERLING KARAMAR WAY

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CONTENTS FALL EDITION 2025

IN THIS ISSUE

14 Let's Build Ontario campaign update

best practice to regulation: How 32 From certification protects rental housing

16 Women in Rental Housing Luncheon

34 2025 Mid-Year Market Update

providers

Revitalizing industrial lands to compete harder in a soft rental 20 SOHOSQ: 40 How in London's SOHO neighbourhood market

22 FRPO Charity Golf Classic

240 Markland Drive, 42 Transforming Etobicoke: A blueprint for decarbonizing multiunit residential buildings

property management: The Safety and prevention in Ontario 26 Redefining 46 Sterling Karamar way apartment buildings: Cooking fires and winter hazards

THE VOICE OF THE FEDERATION OF RENTAL-HOUSING PROVIDERS OF ONTARIO

Nishant Rai nishant@rentalhousingbusiness.ca

A PUBLICATION OF:

Justin Kreslin justink@rentalhousingbusiness.ca

801-67 Yonge Street Toronto, Ontario M5E 1J8 | Tel: 416-385-1100 www.frpo.org SUBSCRIPTIONS & ADDRESS CHANGES

Melanie David mdavid@frpo.org

Publisher

Account Executive

Creative Director / Designer Scott Clark

Editor

David Gargaro david@rentalhousingbusiness.ca

Office Manager

FRPO IS A MEMBER OF:

Geeta Lokhram accounts@rentalhousingbusiness.ca Opinions expressed in articles are those of the authors and do not necessarily reflect the views and opinions of the FRPO Board or Management. FRPO and MPH Graphics accept no liability for information contained herein. All rights reserved.

Contents may not be reproduced without written permission from the publisher.

THE VOICE OF THE FEDERATION OF RENTAL-HOUSING PROVIDERS OF ONTARIO

7

PRESIDENT'S MESSAGE Looking ahead to a pivotal fall

A

s the summer season draws to a close, our focus at FRPO shifts to the crucial months ahead. While the summer often provides a moment for pause and reflection, the underlying challenges of housing affordability and supply remain at the forefront of our agenda.

With the return of both the federal Parliament on September 15 and the Ontario Legislature on October 20, we are gearing up for a pivotal fall session, ready to continue our vital advocacy work with governments at all levels.

Our message remains clear and consistent: the only sustainable solution to the housing crisis facing Ontarians and Canadians is to build more supply of all housing types, with a particular emphasis on purpose-built rentals. This is the message we continue to advance in every forum and opportunity.

This month, I am honoured to be speaking at RESCON's 5th Annual Housing Supply Summit on September 24, an event FRPO is proud to sponsor. This summit is a critical platform for dialogue, and I look TONY IRWIN forward to sharing the stage with key industry leaders and policymakers, President & CEO FRPO including Premier Doug Ford and Ontario’s Minister of Municipal Affairs and Housing, Rob Flack. It is also encouraging to see our members, such as Tricon and Fitzrovia, participating and adding their important voices to the conversation. Together, we will reinforce the need for collaborative solutions and a supportive policy environment to get more rental housing built.

Our advocacy extends beyond direct government engagement and into the public conversation. Over the summer, we continued to shape the narrative through key media opportunities. I was pleased to share FRPO’s perspective in recent articles with the Toronto Sun, discussing Toronto's evolving rental housing landscape, and with Storeys, where we addressed the city’s new renoviction bylaw. In both instances, we emphasized that creating a policy framework that encourages, rather than hinders, the creation of new purpose-built rental supply is the most effective path toward improving housing affordability and stability for all.

As we move into this busy fall, please know that your voice and membership are the foundation of our efforts. We will continue to champion our industry, advocate for sensible policy, and work tirelessly to ensure the rental housing sector is recognized as a vital partner in building a prosperous future for Ontario.

Thank you for your continued support.

Tony Irwin President and CEO FRPO

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EVENTS PM EXPO AT THE BUILDINGS SHOW Date and Time: December 3 – December 5, 2025 | 8:00 am – 4:00 pm The Buildings Show is the place where Canadian construction comes together, uniting 18,000+ industry professionals for accredited educational content, meaningful networking, product and service discovery, and future insights.

RENTAL HOUSING CANADA CONFERENCE Date and Time: May 26 – May 28, 2026 | 8:00 am – 4:00 pm Rental Housing Canada is heading to the nation’s capital. Join them on May 26–28, 2026 at the iconic Rogers Centre in Ottawa for the must-attend event of the year for Canada’s rental housing sector. From policy to innovation and leadership to sustainability, this national conference brings it all together in one powerful platform for learning, connection, and impact.

Stay tuned for more information.

FRPO MAC AWARDS Date and Time: December 4, 2025 | 5:00 pm – 9:30 pm Save the date! For more than two decades, the MAC Awards has celebrated the leaders of Ontario’s rental housing industry, recognizing their unwavering dedication to providing top-notch rental accommodations. With their passionate teams and forward-thinking approaches, MAC Award winners transform their latest project endeavours and innovative ideas into reality. Award submission portal is NOW OPEN.

RENTAL HOUSING CANADA CONFEREN HEADS TO THE CAPITAL REGION IN 202 Mark your calendars! Rental Housing Canada’s national conference is coming to Ottawa from May 26–28, 2026, at the Rogers Centre in the heart of the nation’s capital. This signature event brings together policy-makers, industry leaders, and service providers for three dynamic days of learning, collaboration, and connection.

With a forward-looking program focused on innovation, sustainability, leadership, market trends, and housing policy, the 2026 conference promises to spark important conversations and fresh ideas. Expect thoughtprovoking keynotes, expert panels, and meaningful networking opportunities - all designed to help shape the future of rental housing in Canada. Stay tuned for exciting programming updates!

Visit our website: www.rentalhousingcanada.ca

Please check www.frpo.org regularly for newly added events.

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FAIR EXCHANGE | FALL EDITION 2025

Rental Housing Canada (formerly CF leading national association represe Canada’s rental housing sector, dire owners and managers of nearly one residential rental suites nationwide.

The association advocates on behalf Canada’s rental housing industry, wh provides quality homes for more tha million Canadians. The association s hub for information exchange and b practices, supporting the health and of Canada’s rental housing market a well-being of communities from coa

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MEMBER UPDATE FALL ISSUE 2025

We’re delighted to welcome our newest supplier members to the association this past quarter. This is the perfect time to connect, share expertise, and explore new opportunities. Housing professionals can discover fresh supplier options to support their work, while suppliers have the chance to build lasting partnerships within the rental housing community. Let’s connect and make things happen!

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SUPPLIER DIRECTORY LAUNCH

FRPO is excited to share that we have officially launched our brand new digital Supplier Member Directory on our website.

This new resource is designed to showcase the wide range of products and services our supplier members provide, making it easier than ever for housing professionals to find trusted partners 12

FAIR EXCHANGE | FALL EDITION 2025

within the rental housing industry.

The directory adds incredible value to your FRPO membership by increasing visibility for supplier members while giving rental housing providers a one-stop hub to connect with experts who can support their business. Whether

you’re looking for third party management, renovations, appliances, paint, technology, or professional services, the digital Supplier Member Directory is your new goto place to discover and connect. You can find the directory under the Membership & Resources tab on our website.

LET’S BUILD ONTARIO

LBO campaign update

A

s we enter the fall season, the Let’s Build Ontario campaign remains as focused as ever on our primary goal: ensuring a healthy and sustainable rental housing market for all Ontarians. This season often brings a renewed sense of purpose, and for us it’s a time to redouble our efforts in advocating for the policies that will support the creation of more purposebuilt rental homes across the province.

The strength of the Let’s Build Ontario campaign— and sector—has always been rooted in the authentic experiences of members. Member stories have proven to be a powerful tool to illustrate the vital role our sector plays, and we continue to see increasing levels of member engagement with this initiative. As we continue to engage with policymakers and the public, we are once again calling on members to share their stories. Submit a resident initiative that you’re proud to spotlight to be featured in Member Story Mondays! Big or small, your stories help humanize our industry and showcase the deep commitment of our members.

To help us amplify the campaign, we’re continuing to encourage members to link to the Let's Build Ontario campaign website from their own corporate sites. This simple action significantly boosts our campaign's reach through search engine optimization, helping us connect with new audiences, grow our supporter base, and strengthen our collective voice in the digital sphere.

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FAIR EXCHANGE | FALL EDITION 2025

Recent reports of rents starting to stabilize in certain Ontario municipalities are welcome, and while this may offer some short-term relief, it does not change the fundamental challenge of housing affordability. The only way to ensure long-term stability and predictability for renters is to address the supply shortage head-on.

As we move into the fall, campaign messaging will continue to focus on long-term solutions that promote and accelerate the development of new purpose-built rental housing.

There is also important work to be done in reframing the narrative around renting and the campaign looks to play an important role in shifting the way people think about it. Too often, renting is seen as just a temporary step before buying a house. But for many Ontarians, renting is a practical and smart long-term housing choice. Renting gives you flexibility and freedom from the costs and responsibilities of owning a home. It should be respected as a good housing option, not viewed as a compromise.

As we move into fall, the Let’s Build Ontario campaign will continue to play an important role in advocating for purpose-built rental housing supply and pushing all levels of government to ensure that the creation of new rental homes remains a top priority. Together, we can build a stronger and more affordable Ontario for everyone.

Women in Rental Housing

Luncheon

Primary sponsor

Thank You for Attending!

FRPO extends a heartfelt thank you to everyone who attended this year’s sold out Women in Rental Housing Luncheon. Events like this are more than just a chance to connect; they’re critical for fostering relationships, sharing knowledge, and creating

opportunities for women to thrive in our industry. We were proud to bring together a record breaking 400 women from across the rental housing sector to network, celebrate achievements, and spark conversations that move our industry forward. A special

Beyond the Land Acknowledgement, Transforming Tomorrow We were honoured to welcome Cher Obediah, Ojibway and Mohawk from Six Nations, as this year’s guest speaker. Cher shared her powerful and moving piece “Beyond the Land Acknowledgement, Transforming Tomorrow,” bringing warmth, wisdom, and creativity to the stage.

As a multidisciplinary artist, filmmaker, author, and speaker, she highlighted the power of self16

FAIR EXCHANGE | FALL EDITION 2025

knowledge for healing and collective change. Her work supports holistic health, Indigenous culture, youth empowerment, combating domestic violence, and more.

Cher’s message inspired us to embrace our light, recognize our worth, and uplift our communities.

Thank you, Cher, for your powerful reminder that empowerment drives transformation.

thank you to our speakers, panelists, sponsors, and primary sponsor Wyse Meter Solutions Inc. for making this event possible. We can’t wait to see how the connections made at this event will grow into tomorrow’s successes.

est Speaker u G

Cher Obediah

Filmmaker, Speaker, Author, Artist

Industry Panel We were delighted to have Kellie Speakman, JLL Canada, lead an engaging panel featuring women leaders Liza Bauer (Concert Properties), Nicole Alvarez (Minto Group), Belinda Black (Tricon Residential), and Rachel Roenspies (QuadReal Property Group).

They shared honest insights on overcoming imposter syndrome, tackling gender bias, and the challenge of confidently owning their

Liza Bauer

Senior Director, Property Management

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Nicole Alvarez

Belinda Black

Rachel Roenspies

Minto Group

Tricon Residential

QuadReal Property Group

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achievements. The panelists highlighted the value of mentorship, coaching, worklife balance, and leadership styles that empower others.

Networking at events like this luncheon was praised as key to building relationships and career growth. Each panelist offered inspiring advice for women to carry forward in their roles.

FAIR EXCHANGE | FALL EDITION 2025

Property Manager

Marketing Director

S O H OS Q : R E V I TA L IZ IN G IN DUS T R I A L L A N DS IN L O N D O N ’S S O H O N E IG H B O U R H O O D

By Roua Majeed Abbas, Marketing Manager for New Construction, Medallion Corporation

A

major neighbourhood revitalization is under way in London’s SoHo neighbourhood. It’s a city-building project that provides exactly the kind of rental housing Ontario needs right now: high-rise, mixed-use with premium design and amenities, well connected to public space and parkland, and suitable for residents earning a range of incomes.

It’s also the kind of purpose-built rental that Medallion Corporation has been building across Toronto and Southwestern Ontario for the past seven decades. When other developers have shied away from investing in large, multi-phase urban revitalization projects, Medallion has doubled down. And our formula works.

This past spring, we launched the two-tower rental building SOHOSQ in London, becoming the first developer to welcome new residents as part of the revitalization of industrial lands on the former Old Victoria Hospital Lands site.

At 23 and 19 storeys, SOHOSQ at 375 South Street is adding nearly 600 much-needed rental homes to London’s SoHo neighbourhood.

That includes 130 suites that are at

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FAIR EXCHANGE | FALL EDITION 2025

or below 30% of London’s median household income, making these rental homes among the most affordable in the city.

The development also includes the revitalization of the Colborne building, a heritage property that’s over 125 years old, new pathways to the Thames River Valley, and a large, privately owned public (POP) courtyard that will host a mix of resident and public events.

Medallion is one of the few private developers building in the wider master-plan community on the Old Victoria Lands and SOHOSQ is emblematic of the Medallion approach. We are comfortable going into communities early on, taking on land remediation costs, and closely partnering with city officials to help cities grow outward and upward with high-rise rental towers.

We were an early land holder in densely populated Toronto neighbourhoods like West Queen West, St. James Town, and North York’s Emery Village. As cities in the

Greater Toronto Area (GTA) and Southwestern Ontario have grown, we have developed a mix of infill, medium-sized, and master-plan communities to offer rental to areas in need of different kinds of densification and housing.

We are bringing that approach that has served us so well in the GTA to London. With SOHOSQ, Medallion is offering high-quality purposebuilt rental that sets the tone for a nascent neighbourhood full of new potential.

Generous amenities SOHOSQ’s towers are designed to give residents views of the Thames River to the southeast. Patios out

front provide a welcoming place to sit and hang out, encouraging the kind of street life that makes a neighbourhood safer. Inside, the shared spaces for neighbourly connection and socializing are generous.

Much like our Emery Crossing project in North York, both towers share a spacious amenity floor, including a fitness centre, games room, party room, theatre room, and rooftop terrace overlooking the courtyard with BBQs and gazebos.

Public space is a priority The urban design prioritizes public space with the new courtyard in between the new podium and the heritage Colborne building. The courtyard can host a variety of events, from pop-up markets and city-run festivals to our own resident appreciation events. As the community MULTIdevelops, new pathways will better connect SOHOSQ RESIDENTIAL residents to park trails and the Thames River.

Heritage preservation for live/work Once fully restored, the heritage Colborne building will become an office building with a corner space ideal for a neighbourhood shop that will add to the courtyard. Dating back to the 1800s, the yellow brick building also complements the city’s tree-lined vision for Nelson Street as a thriving new district, serving as a landmark connection between SOHOSQ and the future communities and businesses.

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Revitalization sets cities up for success Going into a new neighbourhood early on means closely partnering with municipalities. The redevelopment of the SOHOSQ site is the largest recipient of London’s Brownfield Community Improvement Rebate Plan program.

Medallion’s vision for SOHOSQ respects the city’s past, satisfies a need for high-quality rental housing, and is poised to become an anchor for a future new community.

As London continues to grow, it is vital the purpose-built rental market grows along with it to continue to provide housing options for students, families, seniors, and newcomers alike.

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THE VOICE OF THE FEDERATION OF RENTAL-HOUSING PROVIDERS OF ONTARIO

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REDEFINING PROPERTY MANAGEMENT:

THE STERLING KARAMAR WAY

By The SKPM Team

T

hrough Canada’s evolving rental housing and commercial real estate landscape, Sterling Karamar Property Management (SKPM) has grown into a trusted and strategic partner for owners, residents, and tenants alike.

What began over 35 years ago with founder Marshall Bleiweis has grown into a dynamic, forward-thinking organization now overseeing almost 20,000 residential units and more than 4 million square feet of commercial space across Ontario. Our diverse portfolio reflects a growing client base, with services tailored to meet the unique needs of each property and ownership group.

Today, we are proud to have over 150 corporate team members and 220 site-level professionals, united by a shared mission: delivering excellence in property operations and asset performance.

Built on trust and lasting connections We understand the importance of relationships, trust, and long-term thinking. We treat every property as if it were our own, and every client as a valued partner.

This philosophy is embedded in our culture and reflected in our daily operations. Clients appreciate our

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FAIR EXCHANGE | FALL EDITION 2025

accessibility and responsiveness—because we don’t just manage buildings, we foster relationships and create long-term asset value.

Whether it’s a small residential complex or a large commercial space, our strategies are tailored to ownership goals and tenant needs. Our commitment to transparency, collaboration, and integrity sets us apart in a competitive industry. And at every step, we balance the business of management with the human side of housing, creating environments where people and communities can thrive.

Operations & strategy: Services that elevate assets SKPM’s expertise spans the full spectrum of asset and property management: • Capital project management (CapEx): From major infrastructure upgrades like elevator modernizations to energy-efficient retrofits, projects are managed with precision to protect investments and extend building life cycles.

• Residential & commercial operations: With an eye on reducing turnover, elevating tenant satisfaction, and unlocking hidden value, SKPM tailors strategies

that keep properties competitive and profitable.

Market analysis, proactive tenant engagement, and suite improvements ensure assets don’t just keep pace with demand—they stay ahead of it.

• Marketing & leasing: Data-driven campaigns leverage market intelligence and competitive insights to optimize occupancy and rental income. Our strategies are designed to position each property effectively within its market, aligning rental rates with demand while protecting long-term value. We benchmark against comparable assets to identify pricing opportunities, monitor leasing velocity, and adjust tactics to ensure performance remains ahead of market trends. By approaching leasing as both an operational function and a strategic tool, we maximize revenue potential while supporting the long-term appreciation of every asset we manage.

• Finance & accounting: Ownership groups benefit from clear, transparent reporting and long-range CapEx planning, ensuring financial decisions are both strategic and sustainable. Our team provides detailed budgets, forecasting, and performance analysis, giving owners full visibility into operating results, cash flow, and capital needs. By combining rigorous financial oversight with forward-looking planning, we help optimize investment returns, identify opportunities for cost savings, and support informed decision-making that drives long-term asset growth.

• People & culture: Recognizing that talent is the foundation of success, SKPM invests heavily in training, mentorship, and recognition, fostering an environment where team members thrive. By cultivating leadership, encouraging innovation, and promoting collaboration across corporate and sitelevel teams, we ensure our people have the skills, knowledge, and support to deliver exceptional results.

A strong, engaged workforce translates directly into operational excellence.

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FAIR EXCHANGE | FALL EDITION 2025

An ownership mindset in every decision Our philosophy is simple yet powerful: we act like owners. This mindset drives every decision, from daily operations to long-term planning.

We are proactive—not reactive—anticipating challenges, identifying opportunities, and implementing solutions that align with ownership objectives. For us, property management is not just maintenance—it’s stewardship, strategy, and value creation.

Shaping the future of property management Today, SKPM is more than a service provider—we are a strategic advisor, trusted partner, and value creator, focused on reshaping perceptions of what property management can be.

Our unique value proposition blends operational excellence, strategic foresight, and client-focused service to deliver measurable asset appreciation.

We combine technical expertise with emotional intelligence, ensuring every interaction—whether with a tenant, contractor or owner—is handled with care and professionalism.

Engaging in the future, together Whether you’re an owner searching for a partner to maximize asset performance, a tenant seeking responsive and thoughtful management, or a professional looking to grow within a dynamic company, SKPM is ready to welcome you.

Proud of its legacy and energized by the future, Sterling Karamar Property Management continues to set the standard for excellence in Canadian property management.

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FROM BEST PRACTICE TO REGULATION: HOW CERTIFICATION PROTECTS RENTAL HOUSING PROVIDERS

By Dilan Cetinkaya, Director, Certification CRB Program, FRPO

T

his year, the City of Toronto approved a new colourcoded system under its RentSafeTO program, grading apartment buildings on their state of repair and management. Beginning in 2026, signs will be posted at building entrances: green for good repair, yellow for minor infractions, and red for serious health or safety violations.

For housing providers, this is a reminder that transparency and accountability are no longer optional.

Regulations are becoming more visible, more frequent, and more demanding. Certification programs such as the Canadian Certified Rental Building™ (CRB) Program help owners and managers stay ahead of these changes while delivering tangible business value.

Certification as risk management CRB standards already align with many RentSafeTO requirements: fire safety, preventive maintenance, resident communication, and environmental management. Certified properties are subject to regular audits, ensuring these practices are consistently applied.

This proactive approach reduces: • Legal risk from code or bylaw violations • Reputational risk from public non-compliance scores • Operational risk from costly service failures

When best practice becomes law What begins as voluntary often becomes mandatory.

Energy benchmarking, climate disclosures, and now public building grading all started as “best practices.”

Certification helps providers anticipate these shifts by embedding accountability, sustainability, and service standards before regulations demand them.

Business value beyond compliance Getting ahead of regulation isn’t only about avoiding penalties—it creates measurable value: • Lower operating costs through energy and water efficiency • Climate resilience that protects long-term asset 32

FAIR EXCHANGE | FALL EDITION 2025

performance • Investor confidence with third-party verified ESG practices

Future-proofing portfolios As public transparency increases, housing providers can’t afford to wait until regulations catch up.

Certification ensures portfolios are managed at a level that exceeds minimum expectations, building trust with residents, assurance for investors, and stability for owners.

By committing to certification, providers demonstrate that they are not reacting to regulation but leading the way. In an industry where today’s best practices are tomorrow’s legal requirements, certification is more than compliance—it’s a strategy for resilience and longterm success.

RentSafeTO at a glance What it is: Toronto’s apartment building standards program for buildings with 3+ storeys and 10+ units How it works: Owners register annually; City staff audit every 2 years What’s changing: Starting 2026, colour-coded signs at entrances: • Green – Good repair • Yellow – Minor issues • Red – Serious violations Heavier penalties and faster enforcement for high-risk or repeat offenders Why it matters: Public grades increase reputational risk for poorly managed buildings How CRB helps: • Standards already align with RentSafeTO requirements.

• Regular audits keep properties prepared and compliant.

• Certification future-proofs members as voluntary practices evolve into regulations.

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markl@canmarcontracting.com

CMHC ONTARIO BUSINESS CENTRE Attn: Guy-Anne Duval T: 613-748-2000 F: 416-250-3204 gduval@cmhc-schl.gc.ca

100 Sheppard Avenue East, Suite 300 Toronto, ON M2N 6Z1

18 York Street, Suite Toronto, ON M5J 2T

2025 34 Leading Road, Un Attn: Don Neufeld MID-YEAR Etobicoke, ON M9V C: 403-815-8672 RENTAL MARKET UPDATE 301 Matheson Boulevard West F: 905-755-8885 COINAMATIC CANADA INC.

Mississauga, ON L5R 3G3

dneufeld@coinamatic.com

By Jordan Nanowski, Lead Economist (GTA), Canada Mortgage and Housing Corporation CMHC has released its 2025 Mid-Year Rental Market Update, offering new insights into rental conditions across Canada, using alternative data sources and market intelligence from industry experts to build upon our 2024 Rental Market Report. The following is a condensed version of the report, with a focus on Torontospecific insights.

creating challenging environments for landlords and property managers.

• Despite slower rent growth and rising supply, affordability remains a challenge in Toronto as turnover continues to push up rents in occupied units.

DIVERSO ENERGY

Attn: Jon Mesquita Elevated supply contributes to lower T: 226-751-3790 advertised rents 366 Westpark Crescent 8200 Keele Street Highlights Rental supply has been rising, shown by rapid growth in jon@diversoenergy.com • Since October 2024, advertised rents are declining Waterloo, ON N2T 3A2 the number of listings and newly completedConcord, structures.

ON L4K 2A due to increased supply. Going forward, vacancy rates As a result, Toronto advertised rents saw year-over-year are expected to rise further this year, adding more declines in Q1 2025 by 3.7% in purpose-built and 1.7% in downward pressure on rents. condominium apartment rentals (see Figures 1 and 2).

• A sluggish job market and decelerating migration are Figure 1: Year-over-year change in asking rents for a 2-bedroom purpose-built rental apartment 17.0%

Attn: Lauri Alty T: 519-624-9965 8.4% lalty@efficiencyengineering.com 3.9% 3.8%

13.9%

202 - 225 Pinebush Road 4.5% ON N1T 1B93.9% Cambridge,

2

2.0%

-3.7%

FIRETRONICS 2000 INC.

Edmonton

550 Alden Road Unit 110 Markham, ON L3R 6A8 1

2.1%

-3.5%

-4.9% Vancouver

EFFICIENCY ENGINEERING

Calgary

OttawaMorris Toronto Attn: David Q1 2025 Q1 T: 2024 905-470-7723 davidmorris@firetronics.ca

-4.2% Montréal

he new rental data in this report was sourced from rental listings data and Statistics Canada’s Labour Force Survey.

T This is based on rental listings for both purpose-built and condominium two-bedroom apartments.

34

FAIR EXCHANGE | FALL EDITION 2025

500 Consumers Roa North York, ON M2J

8.7%

Halifax

100 University Avenu North Tower, Suite 7 Toronto, ON M5J 1V

Na t i onal Apartmen t Gro up - Ontario Ontario’s multifamily investment market continues to outperform the broader commercial real estate sector on a relative basis. Notwithstanding an evolving macro environment, investor sentiment for multifamily assets remains positive due to the sector’s defensive investment profile, robust supply-demand fundamentals, consistent formation of equity capital, as well as the relative availability and cost of debt. As of Q3 and at the onset of Q4 2025, multifamily assets continue to weather the impact of various headwinds and are well-positioned within the current environment due to stable and continued cashflow growth.

For more information, please contact:

David Montressor * Vice Chairman (416) 815-2332 david.montressor@cbre.com

Tom Schuster * Director (416) 847-3257 tom.schuster@cbre.com

* Sales Representative

Scan to receive Apartment Listings and Market Research

For additional info on cap rates, valuations, and market trends in the current investment landscape, please reach out to a member of CBRE’s National Apartment Group.

2380–2382 Kingston Road

91 Cosburn Avenue & 2278 Weston Road

Toronto, Ontario

Toronto, Ontario

39 Suites + 1 Retail Unit

2 Properties | 119 Suites

ACTIVE LISTING

ACTIVE LISTING

2559–2561 Bloor Street West

1350 & 1400 Winding Trail

Toronto, Ontario

Mississauga, Ontario

2 Buildings | 61 Suites

2 Townhome Communities | 149 Units

ACTIVE LISTING

ACTIVE LISTING

Figure 2: Year-over-year change in asking rents for a 2-bedroom condominium rental apartment

10.0%

3.8% 2.9%

2.9%

1.2%

Edmonton

Calgary

3.8% 2.4%

-0.5% -1.7%

-3.6%

-4.8% Vancouver

11.7%

10.7%

Ottawa 2024 Q1

Toronto

Montréal

-8.3% Halifax

2025 Q1

Landlords are reporting that vacant units are taking of July 2025), much of which has been encouraged by longer to lease, especially in the case of new purposegovernment initiatives. built rental units in Toronto due to additional competition Rent increases for occupied units still reflect from well-supplied secondary rental markets. Owners strong demand in the secondary rental market are often more inclined to lower rents to avoid vacancies, placing less emphasis While advertised rents have begun to ease, this hasn't on capitalization rates. In contrast, purpose-built rental yet translated into lower rents paid by all tenants. operators are responding to market conditions by According to Statistics Canada’s Labour Force Survey offering incentives to new tenants such as one month data, the average rents for 2-bedroom occupied units of free rent, moving allowances, and signing bonuses. in the seven largest CMAs were higher in Q1 2025 Nevertheless, some operators anticipate they may need compared to the same period a year earlier (see Figure to lower rents over the next couple of years.

3). This is primarily due to more tenants paying higher rents at turnover in recent years, thereby driving overall CMHC data indicates a large supply of under rent growth. construction rental apartments in Toronto (21,552 as Figure 3: Year-over-year change in rents for a 2-bedroom occupied rental unit 17.1%

12.0% 9.4% 6.1%

7.1%

6.8%

7.9%

8.8%

9.5%

10.7%

11.7% 7.7%

7.0%

4.3%

Vancouver

Edmonton

Calgary

Ottawa 2024 Q1

Toronto

Montréal

Halifax

2025 Q1

The secondary market is made up of renter-occupied housing units that were not initially developed as rental housing (e.g., rented condominium units and single-family homes). This type of housing could revert to owner-occupancy.

4 Based on data from CMHC’s Rental Market Survey.

5 Based on data from CMHC’s Rental Market Survey.

6 The availability rate includes both vacant units and those listed for rent.

3

36

FAIR EXCHANGE | FALL EDITION 2025

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In markets with low turnover and strict rent regulations, such as Toronto, rents often rise sharply when units become available. Landlords adjust rents to match current market rates, which are typically much higher than the regulated rents of the previous leases. These increases may also help offset increases in operating costs and cover rising turnover-related costs such as renovations and repairs.

We noticed this dynamic by analyzing rent-controlled markets—Ottawa and Toronto—comparing buildings completed after November 2018 (exempt from rent control) with similar buildings constructed between 2011 and 2017 (subject to rent control). In both cities, when units in rent-controlled buildings turned over, rents were typically raised to match those in newer, exempt buildings.

High turnover rents reduce tenant mobility Higher turnover rents in Toronto have decreased tenant mobility, leading to longer average tenancy periods and resulting in more substantial rent increases when tenants do move. In 2024, the rent difference between vacant and occupied 2-bedroom units reached 44% in Toronto, the highest among major cities. Edmonton, with higher turnover and no rent control, had the smallest gap (5%).

In October 2024, Toronto’s 2-bedroom turnover remained at the lowest rate recorded by our Rental Market Survey since data collection began in 2016. However, since then, stakeholders have indicated an uptick in turnover because of higher vacancies and incentives encouraging tenants to move. This is supported by an increase in the availability rate for newer purpose-built rentals in Toronto . This rate has recently grown faster than the vacancy rate since the fall, which indicates a rise in tenant turnover.

Rent burden still growing

Stakeholders have noted increasing financial pressures on renters. As affordability pressures persist, more tenants are expected to turn to shared living arrangements, further boosting demand for 3+ bedroom apartments. This shift may make it harder for smaller units to attract tenants as households prioritize spacesharing to save money.

To monitor monthly rental affordability, we calculated two different rent-to-income ratios : • Rent-to-income ratio using average market rents: This uses average rents for 2-bedroom units from the Labour Force Survey. These rents reflect broader conditions in the rental market.

• Rent-to-income ratio using advertised rents: This uses average advertised rents for 2-bedroom units from online rental listings. These rents represent the actual prices faced by new renters entering the market.

The rent-to-income ratios based on Labour Force Survey rents (see Figure 4) are the highest in Vancouver, followed

by Toronto. Since the COVID-19 pandemic in 2020, rentto-income ratios have steadily increased across markets.

This shows that rental affordability has been getting worse over time.

The rent-to-income ratios based on advertised rents, which are available from 2022 onward, generally increased until 2024. In 2024, the ratios began to decline in the most unaffordable markets. This trend aligns with the recent softening in the rental market.

Vacancy rates set to rise further Over the rest of 2025, the rental market is expected to be influenced by slower population growth and changing employment conditions. As demand Figure 4: Occupied dwelling rent burden growing in major Canadian markets struggles to keep pace with new Rent-to-income ratios with Labour Force Survey rents (March) supply, the market will remain in a period of adjustment. This 20.0% is particularly true in Ontario 18.0% in general, due to lowered international migration targets, 16.0% especially in areas near post14.0% secondary institutions.

12.0% Newer purpose-built rental properties will face more pressure 10.0% from longer lease-up phases and 8.0% increased vacancy rates. While the market may have abundant supply 6.0% in the short term, there is still a 4.0% need to maintain momentum in new 2.0% rental supply to meet the needs of projected future population growth 0.0% and to achieve better affordability Vancouver Edmonton Calgary Toronto Ottawa Montréal Halifax outcomes for existing households.

2020 7 8

2021

2022

2023

2024

2025

rbanation, UrbanRental, 2025Q1 U Both ratios use the same income measure, based on average full-time wages by census metropolitan area (CMA) from the Labour Force Survey (LFS), assuming two full-time earners to represent gross household income.

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FAIR EXCHANGE | FALL EDITION 2025

HOW TO COMPETE

HARDER IN A SOFT

RENTAL MARKET

By Sheryl Erenberg, President, Sheryl Erenberg & Associates

E

very leasing consultant knows it’s a tough rental market out there. Below-market investor condos have led to more inventory, giving renters more choices, and forcing landlords to lower their prices to attract prospects. What is now a renters’ paradise has become the rental agent’s challenge. With a few simple adjustments, you can still be a strong competitor in a soft market. Use this time as an opportunity to hunker down and focus on your three Ps: your people, your property, and your promotions.

YOUR PEOPLE Ensure your staff are (and remain) motivated. Prolonged periods of slow traffic can take a toll on anyone’s mojo. So, think about ways to keep your staff motivated and upbeat. Ideas can include creating new leasing contests for them (and making these easy to win), adjusting monthly lease targets, and involving staff in planning tenant events to keep them focused on tasks other than the number of deals they close.

Sharpen your staff’s training skills. Use this quieter time to work on how your staff qualify prospects, improve their presentation skills when touring your property, check in on how they build rapport, and review how they follow up with prospects. Go back six months or more on your past traffic contacts and create a contest that rewards the leasing consultant who converts the most past traffic into appointments.

YOUR PROPERTY Stand out from the crowd. Make your landscaping jaw-dropping, your common areas memorable, and your model suite stunning. This may involve staging a suite, getting new planters, sprucing up common areas with a local artist’s works, and repurposing common areas for more desirable needs—think secure parcel delivery rooms or workfrom-home spaces.

Know your competition. If a prospect tells you they are offering two months free down the street, would you know if it’s true? Stay on top of prices and deals at competitive buildings every week.

YOUR PROMOTIONS Don’t reveal all your incentives before a prospect has seen your suites. Get your prospect interested in your property first. Then, seal the deal with a value-driven incentive like a price reduction on their first few months, or a loaded Metrolinx, grocery or DoorDash card.

40

FAIR EXCHANGE | FALL EDITION 2025

Refresh your digital ads and signage. This will help you stand out and get prospects to take another look at you. Don’t forget your A-frames: add a topper with a new message.

Double what you pay for tenant referrals and eblast the new amount. People want to live close to friends and family, so leverage your huge referral pool. If you can, get photos of the referrals and the residents who referred them, and use these photos in your promotional materials, on your tenant portal, and on social channels.

Go hard-sell. Advertise your net effective rents [the discounted price after calculating one or two months free over a 12-month period].

Have a retention program. Do not allow good tenants to leave. In most markets, giving sitting tenants any current market incentive is still less expensive than the vacancy loss that would be incurred if they left.

These are just a few ways you can stay competitive in a soft market. By listening to your current residents and prospects, you’ll undoubtedly uncover even more ways to improve. One thing is for sure: the same old, same old won’t cut it in today’s market, so start shaking things up!

TRANSFORMING 240 MARKLAND DRIVE, ETOBICOKE: A BLUEPRINT FOR DECARBONIZING MULTIUNIT RESIDENTIAL BUILDINGS

By Blair Gamracy, B.Arch.Sci., RRO and David De Rose, MASc, PEng, BSS, Synergy Partners

From aged to ahead of the curve In the heart of Etobicoke, Ontario, a tired 1960s apartment building was ready for its next chapter. The building’s exterior was marked by aged masonry walls, leaky windows, and a failing roofing system (see Figure 1). The mechanical systems within the building were also outdated and inefficient. Where some saw decline, one developer saw possibility: a chance to transform this building into a model of sustainable living.

What followed was a pioneering renovation that breathed new life into the aging structure while setting a benchmark for low-carbon multiunit residential buildings (MURBs). On the adjacent parcel—an undeveloped piece of land—the developer saw the opportunity to construct a complementary new MURB. Together, these initiatives marked the beginning of a transformation focused not only on revitalization and growth, but also on easing the strain of the industry’s electrification movement on local infrastructure.

Figure 1. East elevation, preconstruction.

What is decarbonization in the built environment?

Decarbonization refers to the process of reducing or eliminating carbon dioxide emissions produced by various human activities, particularly those associated with the combustion of fossil fuels such as natural gas. Decarbonization is essential for mitigating climate change by curbing the release of greenhouse gases (GHGs), which contribute to global warming and related environmental impacts.

Decarbonization within the built environment focuses on lowering GHGs primarily through fuel switching a building’s mechanical systems from fossil fuels to electric power. The building envelope plays a significant role, as load reduction is required to enable this change.

Deep retrofits on existing building envelope systems are often required to improve energy efficiency and reduce overall demand and reliance on carbon-intensive fuels.

Components that needed attention Before renovations began, the building had numerous issues: • Exterior walls: The brick and concrete shear walls were deteriorating and poorly insulated, resulting in energy loss.

• Windows and doors: Single-pane windows and inswing wood doors leaked air and water and led to complaints regarding tenant comfort.

• Roof: The original roofing system was poorly insulated and had multiple active leaks.

• Mechanical systems: Outdated electric baseboards and inefficient ventilation meant high energy bills and uneven comfort levels.

42

FAIR EXCHANGE | FALL EDITION 2025

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THE VOICE OF THE FEDERATION OF RENTAL-HOUSING PROVIDERS OF ONTARIO

Implementing strategic design and innovation The success of the decarbonization efforts hinged upon innovative design interventions that addressed both aesthetic and performance considerations. The following strategic interventions allowed the design team to optimize the building envelope and effectively integrate advanced mechanical systems: • Exterior walls: The exterior walls were overclad with a drained exterior insulation and finish system (EIFS).

EIFS is lightweight and enhances resistance to air and water leakage, significantly reduces overall energy consumption, and protects the masonry and concrete shear walls from further deterioration (see Figure 2).

• Windows and doors: Thermally broken aluminumframed windows and doors with double-glazed insulated glazing units (IGUs) were installed. The new systems have increased air and water leakage resistance, enhancing resilience and reducing overall energy consumption. Additionally, the thermally broken frames and IGUs improve tenant thermal comfort and reduce the risk of condensation on the window systems.

• Roof: A new protected membrane roofing (PMR) system was installed with increased insulation, improving the system’s thermal performance. The original gravel ballast was reused, minimizing waste.

• Mechanical systems: The electric baseboard heaters were replaced with ground-source heat pumps fed by a geothermal exchange field. Heat pumps were packaged with Energy Recovery Ventilators (ERVs) to provide suite-dedicated ventilation. The rooftop makeup air unit (MUA) was scaled back to only provide ventilation to the corridors.

44

FAIR EXCHANGE | FALL EDITION 2025

Figure 2. Exterior insulation and finish system installation on the west elevation.

Challenges along the way Navigating challenges is an inherent part of any project, especially ones as comprehensive as the deep retrofit executed at this building: • Working in an occupied building: Replacing windows and HVAC systems while residents were still living in the building required careful coordination and clear communication. Town halls and resident meetings kept residents informed and minimized disruption.

• Fire safety regulations: Using foam insulation in exterior cladding required temporary fire safety measures during construction. This meant implementing fire watches and adhering to strict installation sequences.

• Pandemic disruptions: With planning starting in 2020 and construction continuing through the pandemic, supply chain delays and labour shortages added complexity. The project stayed on course through flexible scheduling and proactive procurement.

Real results that matter After the retrofit was complete, the transformation was measurable and meaningful: • Energy efficiency: The building saw energy consumption and winter peak electric demand in Q1 2023 drop by 56% and 54%, respectively, compared to Q1 2022.

• Resident comfort: Better insulation, sealed windows, and even indoor temperatures make living conditions more comfortable and stable.

• Climate resilience: The building tenants will benefit from increased building resilience during extreme weather.

• Grid-friendly design: Lower summer and winter peaks ease strain on the power grid, supporting wider electrification without costly infrastructure expansion.

• Zero-carbon certified: In November 2023, the building earned a Zero Carbon Building certification from the Canadian Green Building Council, a major achievement in sustainability leadership.

Figure 3. West elevation of existing MURB and north elevation of new MURB, summer 2025.

Why this project matters The transformation of 240 Markland Drive shows that deep decarbonization is possible and scalable across Canada’s aging housing stock. It’s not just about one building; it’s a blueprint for lowering carbon emissions, improving resident well-being, and reducing strain on our electrical grid (see Figure 3).

This building stands as a beacon of what’s possible, and hopefully encourages other developers, designers, and communities to embrace the challenge of transforming our built environment for the better. With vision, collaboration, and technical innovation, we can transform more aging MURBs into sustainability leaders, driving progress toward a low-carbon future for all.

We are proud to have played a key role in this project and look forward to bringing the same level of dedication and expertise to future opportunities. To learn more about our work or to connect with the Synergy team, please contact us at bgamracy@synergypartners.ca or dderose@ synergypartners.ca.

THE VOICE OF THE FEDERATION OF RENTAL-HOUSING PROVIDERS OF ONTARIO

45

SAFETY AND PREVENTION IN ONTARIO APARTMENT BUILDINGS:

COOKING FIRES AND WINTER HAZARDS

By Blaze Gentile, National Account Manager, RONA likely to occur in multi-residential buildings compared to detached homes, and three times more likely in subsidized housing. Ontario’s senior population was identified as particularly at risk. The financial impact of these incidents is significant. The average dollar loss per stovetop fire in multi-residential buildings was $3,670. Of course, it’s important to have fire prevention strategies in place in high-density living environments.

But what else can be done to further reduce the risk of these incidents?

F

all and winter are right around the corner. While many of us will be thinking about slowing down and cozying up with our favourite comfort food, you, along with other rental housing providers in Ontario and across Canada, will likely be shifting your focus to two critical areas impacting their properties and teams: cooking-related fires and slip-and-fall incidents during winter. These risks threaten resident safety and impact insurance costs and operational efficiency; however, there are targeted strategies that can significantly reduce their impact.

Cooking fires: Ontario’s leading residential fire hazard To understand the full scope and impact of cookingrelated fires, the Office of the Fire Marshal (OFM) conducted a comprehensive one-year survey analyzing all reported incidents across Ontario. Leaving a burner unattended was revealed to be the leading behavioural factor, contributing to 69% of cases. Oil and grease fires accounted for 50% of all stovetop-related incidents.

The data also showed that stovetop fires were twice as 46

FAIR EXCHANGE | FALL EDITION 2025

Knowing the right products to implement is a great place to start. Innovative solutions like fire-prevention stovetop burners combine enhanced safety features with reliable cooking performance. They offer a practical and effective way to reduce fire incidents in multiresidential settings.

Smoke alarms and CO detectors also serve as critical life safety tools in Ontario homes when it comes to fire or carbon monoxide incidents.

They provide early warnings, which help reduce injury, property damage, and fatalities. Making sure these

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financial risks are significant under Ontario’s Occupiers’ Liability Act, which requires safe maintenance of public and private walkways.

Using ice melt or rock salt can effectively reduce the risk of falls. Rock salt is affordable and provides immediate traction, but its effectiveness drops in temperatures below -9°C. Overusing it can also damage concrete and vegetation. Luckily, there are other solutions. devices are up to date and working properly is key in fire prevention and risk management.

As many rental housing providers shift their focus to annual and bi-annual inspections, it is the perfect time to review your corporate fire prevention and detection procedures and establish a clear, consistent inspection and replacement protocol.

Ice melt products, typically made from calcium or magnesium chloride, can stand up to harsh Ontario winters, with some being effective in temperatures as low as -32°C. These solutions act faster, are less corrosive, and are often safer for pets and landscaping.

Ice melt and rock salt: Essentials in preventing winter slip-and-falls in Ontario

They can generate heat upon contact with ice, making them ideal for high-risk areas like residential communities. To be effective, ice melt needs to be applied before snowfall and reapplied often during prolonged periods of cold weather.

Fire isn’t the only major risk factor you need to contend with. Despite the beauty of Ontario’s winter season, it brings about many unique challenges, including the increase of slip-and-fall injuries caused by icy conditions on walkways, driveways, and entrances.

Ice melt and rock salt are more than just a maintenance solution; they are a strategic investment in safety. They help prevent injuries, reduce liability, and maintain resident trust, making them essential components of your winter risk management in Ontario.

According to the Public Health Agency of Canada, 61% of fall-related injuries are caused by slipping while walking, and nearly one in five of those occur on ice or snow. Emergency departments across Ontario report a sharp increase in visits during winter months, with seniors and young adults being the most affected.

From trusted fire detection and prevention products to high-performance ice melt and winter accessories, RONA offers you the resources and expertise needed to protect residents, reduce risk, and maintain your properties. Partner with RONA to prepare your properties for fall and winter because safety starts with the right tools and the right support. Visit your local RONA or shop online to get started today.

These incidents are not only painful but costly. For property managers and municipalities, the legal and

48

FAIR EXCHANGE | FALL EDITION 2025

Buildings solutions you need.

Advice you can count on.

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Toronto 416-487-5256

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ormation on the benefits of Corporate Membership please contact us at membership@frpo.or ACCENT BUILDING 4RENT.CA SCIENCES ForAttn: more information on the benefits of Corporate Membership please INC. contact us at membership@frpo.org.

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2222 T: (416) 285-5388 Attn: Robert Ghaeli SCIENCES INC. acioppo dpetrina@a-1restoration.com 160 Bartley Drive, ACE PAINTING & DECORATING CO. / CRANFIELD GENERAL CONTRACTING/ V&E CLEANING

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(905) 474-9569 frank@acegroupgta.ca East York, ONmembershi M4B 3H6 Markham, ON L3R 0E4 T: 905-474-9569 For2800 more information on theAttn: benefits ofT:naji@absi.ca Corporate Membership please contact at416-285-5388 39 Cranfield Road 14th Avenue, Unitthe 13 benefits Hassan North York, ON M4Acontact 1E1 For leo@mediaclassified.ca more information on ofNajiCorporate Membership please us us at T:membership -3313 ext. 2222 naji@absi.ca se contact us at membership@frpo.org.

East York, ON M4B 3H6 Markham, ON L3R 0E4 T: 905-474-9569 F: 416-285-7088 lassified.ca Advantage Pest Control Aird & Berlis LLP Amazon.com AIRD & BERLIS naji@absi.ca mail@acegroupgta.ca A AVISONACCENT YOUNG Inc.LLP Attn: Tom Halinski Attn: Joe Mburu BUILDING Attn: 4RENT.CA Paolo Bossio T: (226) 507-8440 Attn: Tom Halinski T: (416) 865-7767 COMMERCIAL REAL ESTATE ACCENT BUILDING ACE At SCIENCES942INC. Yonge St., Brookfield Place, 181 Bay St., thalinski@airdberlis.com 4RENT.CA joemburu@amazon.com Attn: Leo Racioppo 1261 Kennedy Road, Unit 5, T: (416) 297-8010 100 Huron Ave Komoka, ON N0L 1R0

2800 14th Avenue, Unit 13, Markham, ON, L3R 0E4

ACE PAINTING & DECORATING CO. / CRANFIELD GENERAL CONTRACTING/ V&E CLEANING

Toronto, ON M4W 3S8 T: 416-865-7767 Suite 1800, AIRD & BERLIS LLPACE GROUP OF COMPANIES Attn: JoeAttn: Almeida 39 Cranfield Road 2800 14th Avenue, Unit 13 SCIENCES Attn INC. Naji Hassan T: AVISON YOUNG 18 York Street, Toronto, ON M5JSuite 2T9 400 Attn: Robert Ghaeli ite.

1800, Box 754 100 3rd Floor Vaughan, ON L4K 0E3 EastWynford York, ON Drive, M4B 3H6 Markham, ON L3R 0E4 F: 416-863-1515 T: 905-474-9569 F: Crescent, Suite 401 39 Cranfield Road 2800 14th Avenue, Unit 13 T: 416-673-4015 Attn: Naji Hassan T: 41 Attn: Tom Halinski COMMERCIAL REAL ESTATE leo@mediaclassified.ca Toronto, ONAVISON M5H 2T8YOUNGAPOLLO Insurance TF: 888-761-3313Apartments.com ext. 2222 BERLIS LLP BELL Arguson MultiCon Inc T: 416-285-5388 2T9 naji@absi.ca m Toronto, ON M3C 4B4 4K 0E3 39 CranfieldT:Road thalinski@airdberlis.com East York, ON M4B 3H6 Markham, ON L3R 0E4 T: 905-474-9569 F: joe.almeida@avisonyoung.com 416-865-7767 Attn: Joe Almeida Attn: John Le Attn: David Dyck Attn: Paul Clarkson Halinski East York, ON M4Bleo@mediaclassified.ca Attn: Laura Mastrand41 3H6 COMMERCIAL REAL ESTATE F: 416-285-7088 18 York Street, Suite 400 T: (804) 572-6270 T: (778) 917-9667 naji@absi.ca mail T: (416) 627-3252 800, Box 754

610 Applewood Crescent, Suite 401 info@pestservices.ca Scarborough, ONAttn: M1PLeo 2L4Racioppo TF: 888-761-3313 ext. 2222

ACE PAINTING & DECORATING CO. / CRANFIELD GENERAL CONTRACTING/ V&E CLEANING

ACE PAINTING & DECORATING CO. / CRANFIELD GENERAL CONTRACTING/ V&E CLEANING

Bay St,F:Suite 3420 100 Wynford Drive, 3rd Floor 416-863-1515 T: 416-673-4015 7767 181 mail@acegroupgta.ca T: 905-302-1565 Attn: Joe david@apollocover.com 111 WaterON Street Unit 210 Toronto, M5H 2T8Almeida paul@argusonmulticon.ca Toronto, ON, M5J 2T3 18jle@costargroup.com York Street, Suite 400 2655 N Sheridan Way, Suite 400, Vancouver, BC V6B 1A7 Toronto,laura.mastrandrea@bel ON M3C 4B4 thalinski@airdberlis.comAIRD & BERLIS LLP 100 Wynford Drive, 3rd Floor joe.almeida@avisonyoung.com 1515 B T: 416-673-4015 AVISON YOUNG Mississauga, ON, L5K 2P8 Toronto,CORP ON M5H 2T8 BONDI ENERGY BRADA CONSTRUCTION LTD. Attn: Tom Halinski At Toronto, ON M3C 4B4 COMMERCIAL REAL ESTATE rdberlis.com joe.almeida@avisonyoung.com BathFitter Avison Young Commercial Axis Insurance Managers AIRD & BERLIS LLP BEL AVISON YOUNG Brookfield PlaceAttn: 416-865-7767 T: Real Estate Inc. Belinda Gilbey Attn: Toto Babic Attn: Joe Almeida BELLCooze Attn: T:Pamela 18 York Street, Suite 400 Tom Attn 181 Bay Street, Suite.

1800, BoxHalinski 754 T: (416) REAL ESTATE Attn: JoeCOMMERCIAL Almeida Att:Michael Abraham 100 Wynford Drive, 3rd Floor F: 416-863-1515 la 671-6658 T: 416-673-4015 T: Attn: 416-300-0042 T: 416-626-6289 Attn: Laura Mastrandrea Toronto, ON M5H 2T8 T: (647) ON 985-8815 ce pamelac@arsgem.com T: (416) 673-4013 Toronto, ONBONDI M5J 2T9 T: 416-865-7767 18 York Street, Suite 400, T: 90 5400 Yonge Street Suite 525 11 Toronto, M3C 4B4 ENERGY CORP BRADA CONSTRUCTION LTD. thalinski@airdberlis.com Attn: Joe Almeida joe.almeida@avisonyoung.com Kelfield Street 25York Advance Road Street 31 Densley Avenue, 18 Street, Suite2T8400 michael.abraham@ belinda@bondicorp.com T: 905-302-1565 toto@bradaconstruction.com joe.almeida@avisonyoung.com Toronto, ON M5H Suite. 1800, Box 754Attn: Drive, 3rd Floor F:3rd 416-863-1515 laur axisinsurance.ca T: 416-673-4015 BROOK Attn: NERGY CORP BRADA CONSTRUCTION LTD.Toto BabicToronto ON M2M 4J1 100 Wynford 100 Wynford laura.mastrandrea@bell.caToronto, Toronto, ON M9W 5A1 RESTORA Toronto, ON,Drive, M6MBelinda 2P5Floor Gilbey ON M5H 2T8 Toronto, ON M8Z 2S6 1E4 5J 2T9 Toronto, ONT:M3C Toronto, ON M3C 4B4 thalinski@airdberlis.com joe.almeida@avisonyoung.com Attn: Pauline Grist 4B4 BathFitter Bondi Energy Corp.

416-300-0042 da Gilbey Attn: Toto Babic Bell Canada T: 416-626-6289 B BONDI ENERGY CORP 25 AdvanceT: 416-626-6289 Att:Fouad Jundi Attn: Lisa Oliveira BRADA CONSTRUCTION LTD. Attn: 11 Belinda Gilbey Kelfield Street T: 416-663-7976 Road 0042 belinda@bondicorp.com toto@bradaconstruction.com T: (647) 495-9895 T: (905) 466-5790 T: (416) 300-0042 At Attn: Belinda Gilbey Attn: Toto Babic 11 KelfieldYonge StreetStreet, Toronto,pauline@brookrestorati ON M9W 5A1 25fjundi@bathfitter.com Advance Road Toronto, ON M8Z 2S6 ndicorp.com toto@bradaconstruction.com 1903-2300 lisa.oliveira@bell.ca belinda@bondicorp.com CANMAR CONTRACTING 5250 Finch Ave E Unit 1 T: 100 Wynford Drive, T: 416-300-0042 T: 416-626-6289 CANADIAN APARTMENT Toronto, ON M4P 1E4 BR Scarborough ONBONDI M1S 5A4ENERGY CORP BRADA CONSTRUCTION LTD.M9W 5A1 BROOK RESTORATION Toronto, ON North York, ON 25 M3C 4B4 Road .

Toronto,belinda@bondicorp.com ON M8Z 2S6 11 Kelfield Street LIMITED pa Advance 1903-2300 YongeMAGAZINE Street toto@bradaconstruction.com Attn Attn: Belinda Gilbey Attn: TotoMark Babic Pauline 169 City View Drive Toronto, ON M9W 5A1 Toronto, ON M8Z 2S6 Toronto, ON M4P 1E4 Bosco Attn: Canada Inc. Grist Brada Construction Ltd Brown & Beattie Attn: Lecce 17Attn: HaasMelanie Road Burford Bryan Chong enue East, Suite 500 Attn: T: 41 Attn: Stephanie Gao T: 416-300-0042 T: 416-626-6289 T: 416-663-7976 Attn: TotoBabic Toronto, ON M9W 5B1 T: 416-674-8791 CANMAR CONTRACTING 11 Kelfield T: (416) 742-1888 Toronto, ON M9W 3A1 Street T: belinda@bondicorp.com 416-512-8186 ext.

232pauline@brookrestoration.ca M2J 4Z8 11 Kelfield CANADIAN T: (416) 626-6289 T: (905) 737-0111 Street paul 25 Advance Road ge Street toto@bradaconstruction.com APARTMENT stephanie@boscocanada.com 25 AdvanceCANMAR F: 416-674-7956 5171 Steeles Ave., W. Rd., 588 Edward Avenue, Unit 49 info@bradaconstruction.com melanie@brownbeattie.com CONTRACTING LIMITED Toronto, ON M9W 5A1 Toronto, ON M9W 5A1 bryanc@mediaedge.ca Toronto, ON M8Z 2S6 4P 1E4 C.H.A.M.P ENGIN AN APARTMENT CANMAR CONTRACTING MAGAZINE Toronto, ON M9L 1R5 Etobicoke, ON M8Z 2S6 Richmond Hill, ON L3Y 6L3 C CANADIAN APARTMENT markl@canmarcontracting.com 169 City View Drive LIMITED Attn:LIMITED Mark Lecce LIMITED NE L 17 Haas Road MAGAZINE East, Suite 500 Attn: Bryan Chong 169The CityByng ViewGroup Drive Can Mar Contracting Ltd 169Mark City DriveCabinets to Kitchens Toronto, ON M9W 5B1View Attn: Lecce Attn: Mark Lecce T: 416-674-8791 17 Haas RoadLecce Attn: Frank3A1 Lippa At 17 Haas Road Attn: Bryan Chong Avenue East, Suiteext.

500 nZ8Chong 2001 Sheppard Toronto, ON M9W Attn: Frank Settino Attn: Hassan Gafri Attn: Mark T: 416-512-8186 232 Toronto, ON M9W 5B1 Toronto,T: ON M9W 5B1 232 T:ONTARIO 416-674-8791 35 City View Drive CMHC CANMAR CONTRACTING T: Toronto, M9W 3A1 Toronto, Ontario CITREX M2J 4Z8 F: 416-674-7956 C.H.A.M.P ENGINEERING T: 416-674-8791 T: (416) 878-6464 T: (905)416-512-8186 660-5454 ext.

T: (416) ON 674-8791 T: 416-741-2222 Toronto,ON, ON M9W M9W5A5 3A1 8186 ext. 232 C.H CANADIAN APARTMENT Toronto, bryanc@mediaedge.ca F: 416-674-7956 frank.settino@thebynggroup.com hassan.gafri@mfrg.ca sales@canmarcontracting.com BUSINESS CENTRE fr bryanc@mediaedge.ca F: 416-674-7956 LIMITED 511 Edgeley Blvd, Unit 2, LIMITED markl@canmarcontracting.com LIM frankl@champeng.com MAGAZINE diaedge.caVaughan, ON L4K 1115 Westport Cres., Attn: Vladyslava Kapustina markl@canmarcontracting.com 4G4 169 City View Drive Attn: Guy-Anne Duval Attn: Mark Lecce markl@canmarcontracting.com Mississauga, ON L5T 1E8 17 Haas Road 800-643-6922 Attn 17 Haas Road Bryan Chong Attn: Frank Lippa 100 Sheppard Avenue 300 4Avenue East, Suite 500 T: Attn: Toronto, ON M9W 5B1 East, Suite 18CMLS York Street, Suite 1500 T: 613-748-2000 CARMA CMHC T: 416-674-8791 Financial T: Corp 416-741-2222 3A1 T: 41 Toronto, ON M9W 3A1 T: 416-512-8186 ext.

232 o M2J 4Z8Toronto, ON M9W Toronto, ON M2N 6Z1 CMHC ONTARIO C: 416-877-9229 Attn:CITREX CMHC 4C9 Tory Dolliver Attn: Guy-Anne Duval ONTARIO Attn: Paula Toronto, ON Gasparro M5J 2T8 F: 416-674-7956 frankl@champeng.com F: 416-250-3204 CITREX franC BUSINESS CENTRE bryanc@mediaedge.ca CMHC ONTARIO 878-0711 info@citrex.ca T: (705) T: (416) 250-2731 T: (647) 288-9309 Attn: Vladyslava Kapustina BUSINESS CENTRE At markl@canmarcontracting.com CMLS gduval@cmhc-schl.gc.ca tdolliver@carmacorp.com 132 Walsh Attn: Road Vladyslava Kapustina Guy-Anne Duval gduval@cmhc-schl.gc.ca paula.gasparro@cmls.ca BUSINESS 100 SheppardCENTRE Avenue East, Suite 300Attn:Attn: T: 800-643-6922 T: Lindsay ON, Unit K9V44R3 100 Sheppard Ave East, Suite 50 Ritin Lane, Guy-Anne 18 York Street, Suite 1500 18Duval York Street, 15th Floor, yslava Kapustina T: 613-748-2000 Attn: Paula Gasparro 100 Toronto, Sheppard Avenue East, Suite ON M2NDuval 6Z1 300 800-643-6922 300, ONToronto, M2N 6Z1 C: 416-877-9229 Attn: Guy-Anne Toronto, ON M5J 2T8 F: Concord, ONT:L4K 4C9 Toronto, ON M5J 2T8 18 York Street, Suite 1500 F: 416-250-3204 T: 613-748-2000 100 Sheppard Avenue East, SuiteToronto, 300 ON M2N 6Z1 CMHC ONTARIO 6922 T: 647-729-8435 CMLS info@citrex.ca 18 York Street, Suite 1500 Colorise COHEN LLP pa Cohen Highley LLP Coinamatic Canada Inc. Decor Painting Co. CITREXHIGHLEY C: 416-877-9229 CM T: 613-748-2000 gduval@cmhc-schl.gc.ca Toronto,F:ON M5J 2T8 COINAMATIC CANADA INC. BUSINESS CENTRE Toronto, ON M2N 6Z1Gasparro F: 416-250-3204 Attn: Paula 9229 Attn: Joe Hoffer Attn: Todd Myers Attn: Akis Marolahakis 416-646-1009 Attn: Kristin Ley Attn: Vladyslava Kapustina Toronto, ON M5J 2T8 Attn info@citrex.ca T: (519) T:672-9330 F: 416-250-3204 T: (905) 795-1946 34T: Leading Road, Unit 10 Guy-Anne Duval Attn: Don Neufeld (416) 466-8017 647-729-8435 gduval@cmhc-schl.gc.ca ca 1500 paula.gasparro@cmls.c 100 Sheppard Avenue East, Suitetmyers@coinamatic.com 300 Attn: 800-643-6922 T: T:519-672-9330 T: 64 hoffer@cohenhighley.com info@colorise.ca Unit 4 18 York Street, Suite 18 York Street, Suite 1500 gduval@cmhc-schl.gc.ca COHEN HIGHLEY LLP Etobicoke, ON M9V 3S9 T: 613-748-2000 C: 403-815-8672 F: 416-646-1009 301 Matheson Blvd Toronto, ON M5J 2T8 COINAMATIC CANADA 1237D WoodbineINC. Avenue, Toronto, ON M2N 6Z1W., West 416-877-9229 F:C: 519-672-5960 F: C41 301 Matheson Boulevard 11th Flr., 4K 4C9 255 Queens Avenue, Attn: Kristin Ley Toronto, ON M5J 2T8 Mississauga, ON L5R 3G3 F: 416-250-3204 East York, ON, M4C 4E5 paula.gasparro@cmls.ca 34 Leading Road, Unit 10 F: 905-755-8885 Attn: Don Neufeld London, ON N6Ainfo@citrex.ca 5R8 At paul ley@cohenhighley.com Mississauga, ON L5R 3G3 T: 519-672-9330 e, 11th Floor COHEN HIGHLEY LLP Etobicoke,Cabinetry ON M9V 3S9 C: 403-815-8672 T: dneufeld@coinamatic.com Crozier Mechanical Cynergygduval@cmhc-schl.gc.ca Mechanical Ltd. Dajica HIGHLEY LLP 519-672-5960 301 Matheson Boulevard West COINAMATIC CANADA INC. One LondonAttn: Place Kristin Ley Attn:F:Ashley Sindall R8 COINAMATIC CANADA CYNERGY MECHA Attn: GeraldINC. McCannF: 905-755-8885 Attn: James Harvey F: 34 Leading Road, Unit 10 ley@cohenhighley.com n Ley 255 Queens Avenue, 11th Floor T: (226) Mississauga, ON L5R 3G3 Attn:dneufeld@coinamatic.com Don Neufeld 220-0450 T: (416) 749-2200 34Bayview LeadingDrive, Road, Unit 10 T: (647) 234-9400 gm 34 Leading Road, Don Unit Neufeld 10, Attn: 41 T: 519-672-9330 Attn: Gerald McCann CYNERGY MECHANICAL LTD. COHEN HIGHLEY LLP ashley.sindall@ gmccann@cynergymechanical.ca jimh@dajica.ca Etobicoke, ON M9V 3S9 CYN London, ON N6A 5R8 9330 60 Etobicoke, ON M9V 3S9 C: 403-815-8672 Barrie, ON, L4N M9V 8Y2 3S9 COINAMATIC CANADA INC. Etobicoke, ON 34 Racine LeadingF: Road, Unit 10 croziermechanical.com Rd C: 403-815-8672 Attn: Gerald McCann 301 Matheson Boulevard West T: 416-749-2200 519-672-5960 Attn:2Z7Kristin LeyMatheson DIVERSO ENERGY 34 Leading Road, Unit 10 ON M9V M9W3S9 5960 Etobicoke, DELTA ELEVATOR CO. LTD. 301 Boulevard West F:Don905-755-8885 Attn: Neufeld Attn Etobicoke, ON T: 416-749-2200 F: 905-755-8885 F: &877-749-2200 T: 519-672-9330 ley@cohenhighley.com Mississauga, ON L5R 3G3 highley.com Floor DeltaDELTA Elevator Co. 3G3 Ltd.CO. LTD. Detail Roofing &Jon Sheet Dufferin Iron Railings Etobicoke, ON M9V 3S9 Attn: Mesquita Attn: Jeff Righton Mississauga, ON L5R C: 403-815-8672 T: 41 DIVERSO ENERGY ELEVATOR dneufeld@coinamatic.com D 877-749-2200 F: 519-672-5960 JeffF: Righton 301 Matheson Boulevard West Metal dneufeld@coinamatic.com gmccann@cynergymech Attn: Kayla Kallidass ace T: 226-751-3790 Attn: Jon Mesquita T: 905-828-4423Attn: Attn: Jeff Righton F: 905-755-8885 F: At 87 Attn: Kelly MacDonald 366 Westpark Crescent T: (416) 835-4904 gmccann@cynergymechanical.ca 8200 Keele Street T: (905) 828-4423 ley@cohenhighley.com Mississauga, ON L5R 3G3 enue, 11th 947 FloorVerbena Verbena Road, 12 Sable St T: 226-751-3790 T: 905-828-4423 T: (416) 825-7503 kayla@dufferiniron.com T: jon@diversoenergy.com dneufeld@coinamatic.com F: 519-745-7587 jrighton@delta-elevator.com gmc 947 Road 366 Westpark Crescent 5700 Timberlea Blvd., 8200 Keele Street L5T 1T5 Mississauga, ON L5T 1T5 Waterloo, ON N2T 3A2 Concord, ON L4K 2A5 Toronto, ON M6M 3K6 kelly@detailroof.ca jon@diversoenergy.com A 5R8 Mississauga, ONWaterloo, L4W 5B9 F: 519-745-7587 do Mississauga, ONjrighton@delta-elevator.com L5T 1T5 ON N2T 3A2 Concord, ON L4K 2A5

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#4 8L9

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102 T: 905-470-7723 T: 519-624-9965 T: 41 T: (416) 220-4805 T: (647) 995-7647 At T: 416-587-9420 202 225 Pinebush Road 500 Consumers Road 100 University Avenue NorthLuke Slater Attn: David Morris P.O. Box 650 Attn: Attn: Cait Ryan shylton@entrata.com Markham, ON L3Rshona.ryan@enercare.ca 6A8 davidmorris@firetronics.ca lalty@efficiencyengineering.com lalty@efficiencyengineering.com george.hantzis@enbridg T: lslater@en-pro.com lalty@efficiencyengineering.com geor North Tower, Suite 700 Cambridge, ON N1T 1B9 ON N1T 1B9 Oshawa, ON L1GON 4S9 North York, ON M2J 1P8 North York, ON M2J 1P8 Scarborough M1K 5E3 Cambridge, ad #4 Cambridge, ON N1T 1B9 North York, ON M2J 1P8 550 Alden Road Unit T: 905-470-7723 2425 Matheson Blvd. E., Unit 925, 100 University Avenue T: 416-587-9420 T: (416) 595-4451 7400 Birchmount Ave.,110 North F: Toronto, ON M5J 1V6 cait.ryan@enbridge.com Mississauga, ON, L4W 5K4 Markham ON L3R 5V4 L4L 8L9 Markham, ON L3R 6A8 davidmorris@firetronics.ca lslater@en-pro.com North Tower, Suite 700 S9 aa FIRST NATIONAL Toronto, ON M5J 1V6 50 FAIR EXCHANGE | FALL EDITION 2025

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2000GROUP INC. FIRETRONICS 2000 INC.FIRETRONICS FIRETRONICS 2000INC. INC. GREBIAN

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KingSett Capital Attn: Steven Gross T: (416) 577-6320 sgross@kingsettcapital.com

455 Danforth Ave., Toronto, ON M4K 1P1

Jones DesLauriers ICS FACILITY SERVICES Insurance Management Inc. Attn: Ron Boyko

HD SUPPLY CANADA INC.

70 Carson StreetSt W 26th Floor 22 Adelaide Etobicoke, ON ON M8W Toronto M5H4Z6 4E3

T: (647) 920-7563 info@eswbuildingservicesinc.com

Ethos Plumbing Inc

T: 416-488-7378 Informa Canada

JLL

TION

T: 416-758-4762 Attn: Martin Wladyka george.hantzis@enbridge.com

First National FIRST NATIONAL Financial LP

Franco's Landscaping & Plowing Inc. 3225 Wolfedale Rd Unit 2 Mississauga, ON L5C 1V8

ESW Building Attn: GeorgeServices Hantzis Inc.

Attn: Lionel Romain (416) 934-2040 lromain@kijiji.ca

Kognitive Sales Solutions

Attn: Yaz Yadegari T: (416) 917-8464 yaz@kingsgaterestoration.com 60 Atlantic Ave., Unit 200

Attn: Matty Johnston T: (506) 381-4595 matthew.johnston@kognitive.ca

Toronto, ON, M6K 1X9

Leading Edge Building Engineers 350 Creditstone Road, Unit 201, Vaughan, ON L4K 3Z2

8133 Warden Ave, Suite 601, Markham, ON L6G 1B3

45 Red Maple Rd Richmond Hill ON L4B 4M6

Attn: Anthony La Torre T: (289) 404-7333 anthony@lebengineers.com

Lincoln Construction Group 2001 Albion Road, Unit 22, Etobicoke, ON M9W 6V6

Metergy Solutions Inc.

Metro Compactor Service

Attn: Craig Thornton T: (416) 649-1900 Craig.Thornton@metergysolutions.com 145 Heartlake Road, Brampton, ON L6W 3K3

Attn: Anannya Biswas T: (416) 743-8484 abiswas@metrocompactor.com

Midnorthern Appliance

Moen

Attn: Michael Gnat (416) 635-4835 mgnat@midnorthern.com

Attn: Michelle Oliver T: (416) 528-2170 michelle.oliver@moen.com

2816 Bristol Circle, Oakville, ON L6H 5S7

Norstar Windows And Doors Ltd. 400 McNeilly Rd Stoney Creek ON L8E 5E3

5845 Luke Rd Mississauga, ON L4W 2K5

343 Preston Street Unit 220 Ottawa, ON K1S 1N4

Attn: John Vacca T: (905) 643-9333 jvacca@norstarwindows.com

922 The East Mall Suite 200 Toronto, ON M9B 6K1

2001 Sheppard Ave., E., Suite 500, Attn: Kevin Brown North York, ON M2J 0A1 T: (416) 512-8186 kevinb@mediaedge.ca

Metro Jet Wash Corporation 14 Ronson Drive, Toronto, ON M9W 1B2

Attn: Brian DeCarli T: (416) 741-3999 brian@metrojetwash.ca

Multitech Contracting 2000 Inc. 91 Pippin Road, Concord, ON L4K 4J9

Attn: Carlos Lopes T: (416) 990-4412 carlos@multitech2000.com

NoVi Engineering Ltd.

PAC Building Group

Attn: Joseph Visconti T: (416) 244-6161 jvisconti@novi-eng.ca

Attn: David Petrozza T: (888) 684-1524 david@pacbuildinggroup.com

7500 Martin Grove, Unit #6, Vaughan, ON L4L 8S9

Pacific Paving

Paul Davis Restoration Inc.

Places4Students.com

Attn: Jessica Middonti T: (905) 670-7730 officeadmin@pacificpaving.ca

Attn: Stephanie Carmichael T: (416) 704-1734 stephanie.carmichael@ pauldavis.com

Attn: Laurie Snure T: (866) 766-0767 laurie@places4students.com

2233 Argentia Rd, Suite 100 Mississauga, ON, L5N 2X7

94 Church Street, St. Catherines, ON L2R 3C8

Pomerleau

Pre-Can Wall Systems Inc

ProClean Services

Attn: David Morley T: (613) 244-4323 david.morley@pomerleau.ca

Attn: Kevin Day T: (647) 280-2020 kevin@precan.ca

Attn: Ahmet Kanbul T: (877) 290-7338 akanbul@procleanservices.ca

2465 Milltower Crt., Mississauga ON L5N 5Z6

Quality Allied Elevator 80 Citizen Court, Unit 11, Markham, ON L6G 1A7

Attn: Anthony Taylor T: (416) 771-9483 anthony@lincolngroup.ca

Mediaedge Communications

Attn: Philip Staite T: (905) 305-0195 pstaite@qaelevator.ca

2285 St. Laurent Blvd Unit B4 Ottawa ON K1G 4Z4

Registon Building Restoration LTD 1520 Trinity Drive, Unit 16 Mississauga, ON L5T 1N9

Attn: Jay Sandhu T: (437) 922-4444 jay@registon.ca

Reliance Home Comfort 2 Lansing Sq Toronto, ON M2J 4P8

Attn: Tina Kalogeropoulos T: (416) 490-5989 tkalogeropoulos@reliancecomfort.com

THE VOICE OF THE FEDERATION OF RENTAL-HOUSING PROVIDERS OF ONTARIO

51

2025 Corporate Members

2025 Associate Members

4-271B Merritt Street, St. Catherines, ON L2T 1K1

Rentsync

Restorex Contracting Ltd.

Attn: Jason Leonard T: (905) 397-5088 jason@rentsync.com

Attn: David Petrina T: (905) 669-2835 david@restorex.ca

22 Bramwin Court, Unit B, Brampton, ON L6T 5G2

Rogers Communications Canada Inc. 855 York Mills Road, Toronto, ON M5J 1S3

11 Progress Ave., Unit# 2, Scarborough, ON M1P 4S7

Attn: Greg Stokes T: (416) 446-6500 greg.stokes@rci.rogers.com

220 Chemin du Tremblay Unit 1203 Boucherville, QC J4B 8H7

34 Leading Rd, Unit 14 Toronto, ON, M9V 3S9

Sherwin-Williams Co.

SingleKey

Attn: Ben Strong T: (647) 457-8618 benjamin.p.strong@sherwin.com

Attn: Elena Chau T: (604) 329-9124 elena@singlekey.com

418 North Service Rd E Unit 200 Oakville ON L6H 5R2

276 Queen St W., Toronto ON M5V 2A1

Solid General Contractors Inc. 66 Leek Crescent, Richmond Hill, ON L4B 1H1

Attn: Safiyyah Alibhai T: (905) 475-0707 safiyyah@solidgc.ca

Stephenson Engineering Limited

Suite Excel Collections Inc.

Attn: Mohsen Mansouri T: (416) 635-9970 mohsen.mansouri@ salasobrien.com

Attn:Maricon Torres T: (416) 662-5382 maricon@secci.ca

284 Richmond St E Toronto ON M5A1P4

Torque Attn: Ron Buffa T: (905) 663-3334 rbuffa@torquebuilders.com

Sparkle SolutIons Attn: Maria Mascall T: (905) 660-2282 Maria@SparkleSolutions.ca

100 Courtland Avenue, Concord, ON L4K 3T6

Technologie Demtroys Inc. Attn: Norris Satov T: (416) 435-0111 nsatov@demtroys.com

813 Longpre St Sherbrooke, QC J1G 5B8

Torrent Construction 130 Industry Street, Unit 8 North York, ON M6M 5G3

Attn: Joel Pereira T: (647) 244-1237 joel@torrentconstruction.ca

Trigrand Inc Attn: Artur Derraj T: (416) 712-8517 artur@trigrand.com

2300 Yonge St, Suite 1600 North York, ON, M4P 1E4

True Finish Contracting

TruSeal Injection Inc.

Unilux CRFC Corporation

Attn: John Abboud T: (647) 979-1140 john@truefinishcontracting.ca

Attn: Tania Stalteri T: (800) 475-0776 info@trusealinjection.com

Attn: Rezarta Dine T: (888) 627-6727 rezarta@uniluxcrfc.com

491 Brimley Rd Unit 6 Scarborough, ON M1J 1A4

255 Carrier Drive, 2nd Flr., Etobicoke, ON M9W 5Y8

Attn: Mosammat Jabunnesa T: (647) 863-6677 jebbie@sabrestoration.com

Attn: Klaudian Shehu T: (647) 285-2840 info@seasonscolours.ca

474 Iroquois Shore Rd Oakville ON L6H 2Y7

3390 South Service Rd Suite 201 Burlington ON L7N 3J5

S.A.B Building Restoration

Attn: Blaze Gentile T: (416) 570-3441 blaze.gentile@rona.ca

Seasons Colours Limited

Attn: Berat Bajrami T: (905) 820-5500 beratb@skyinc.ca

72 Corstate Ave., Vaughan, ON L4K 4X2

Attn: Philip Sarvinis T: (416) 977-5335 psarvinis@rjc.ca

100 University Ave, North Tower, Suite 400, Toronto, ON M5J 1V6

RONA

Sky Contracting Inc.

2235 Sheppard Ave E Suite 1100 Toronto ON M2J 5B5

RJC Engineers

14 Meteor Drive Etobicoke, ON M9W 1A4

3055 Lenworth Drive, Unit 2, Mississauga, ON L4X 2G3

Westland MyGroup

Wifiplex

Attn: Victoria Thornbury T: (844) 999-7687 vthornbury@westlandmygroup.ca

Attn: Jonathan Carriere T: (888) 777-9778 jcarriere@wifiplex.ca

179 Henry Bessemer Bois-Des-Filion, QC, J6Z 4S9

Wyse Meter Solutions Inc.

Xcel Construction Limited

Yardi Canada Ltd.

Attn: Dave Pusateri T: (905) 599-2547 dave@xcelconstruction.ca

Attn: Peter Altobelli T: (905) 671-0315 peter.altobelli@yardi.com

5925 Airport Road, Suite 605, Mississauga, ON L4V 1W1

PO Box 418 RPO Steeles W North York ON M3J 0J3

Attn: Dan Drori (647) 458-9144 ddrori@wysemeter.com

Z and T Contracting Inc 20 Alex Ave Woodbridge ON L4L 5X1

Attn: Ahmet Tasdemir T: (416) 827-1429 info@zt-contracting.com

ZGemi Inc

100 Wilkinson Rd., Units 16-17 Brampton, ON, L6T 4Y9

Attn: Yusuf Yenilmez T: (905) 454-0111 yusuf@zgemi.com

ADVERTISING & PUBLISHING SERVICES • Madhouse Advertising Inc • Rental Housing Business (RHB) Magazine • Warrior Digital

CONSULTING, TRAINING & ASSESSMENTS • 3D Security • Ignis Building Solutions • Municipal Property Assessment Corp.

• Performance Solutions Network Corp.

• Taeus Group Inc

ENERGY SERVICES

• Certified Building Systems • DBS • ECNG Energy L.P. • Elexicon Group Inc. • EVSTART Inc • Metrosphere Light Corp • Nerva Energy • Novitherm Canada Inc.

ENGINEERING

• ABG Engineering Inc. • Mann Engineering 52

• Pretium Engineering Inc • Quwa Smart Services • Sense Engineering Ltd. • Synergy Partners • WSP Canada Inc. • Wynspec Engineering

FINANCIAL

• Canadian Mortgage Capital Corporation • Peoples Trust Company

FIRE SAFETY & SECURITY

• Accurate Fire Protection And Security • Dijicle Inc. • Trace Electric

INTERIOR BUILDING/ RENOVATIONS

• Absolute Ventilation Inc. • All Professional Trades Services Inc. • Altona Renovation Ltd. • Beautiful Floors & Janitorial • Classic Construction • Ecobc • Innovate Waste Solutions Corp

FAIR EXCHANGE | FALL EDITION 2025

• Laumar Design Limited • Metal Solution Industries • Modern Pro Contracting Inc. • Neutral Contracting Group • Renovation Solutions • Quick and Bright Cleaning Services • Torlys

Decorating Inc. • Swift Painters

LEGAL

REAL ESTATE/LEASING PROFESSIONALS

• Dharsee Professional Corp • Guzina Law • Levitt Di Lella Duggan & Chaplick LLP • Sheryl Erenberg & Associates • Spar Property Paralegal Professional Corporation • Zarnett Law Professional Corporation

MARKET ANALYSIS & RESEARCH • Altus Group Ltd. • Veritas Valuation Inc

PAINTING

• Certa Pro Painters of Markham • Pascoal Painting &

PEST CONTROL

• Bed Bug Authority Canada Ltd • HomePro Pest Control • Orkin Canada • Pest Control Plus Inc.

• Bonnie Hoy & Associates • CBRE Limited • EPIC Investment Services LP • JDN Property Management • Rentals.ca • Skyview Realty Ltd. • SVN Rock Advisors, Inc.

RETROFIT, RESTORATION & CONSTRUCTION

• Conterra Restoration Ltd. • First OnSite Property Restoration • Forest Contractors Ltd. • Highrise Restoration Inc • Imperial Restoration • Index Construction Inc.

• Learmont Roofing Ltd. • Maxim Group General Contracting • New-Can Group Inc. • Roma Building Restoration • ServiceMaster Restore of Mississauga

SOFTWARE

• BuildingLink • Lutendi Systems Inc • Payquad Solutions • Property Vista

SUPPLIES

• H & S Building Supplies Ltd.

TENANT VERIFICATION/ INSPECTIONS • Canadian Tenant Inspection Services Ltd. • Gatemaster Inc. • Rent Check Credit Bureau

WASTE & WATER

• Allied Waste Equipment • LEaC Shield Ltd • Water Matrix Inc • Watershed Technologies Inc. • Watts Water Technologies (The Dictation Group)

Brown & Beattie Ltd. has provided 25 years of exceptional service . We are a Building Science Structural and Forensic engineering firm with a diverse range of professional engineering services. We have extensive experience in condition assessments, investigations, repair and improvement of building systems and structures, construction review, contract administration, capital planning and more.

Visit our Website www.brownbeattie.com