As Barrie rapidly expands, so does the pace of new condominium developments. Condo living is an attractive lifestyle to many, however it is important to understand that condos should be properly run. You should have high expectations as a unit owner, and having a professional condominium management company in place can ensure those expectations are met. Make sure your property manager is up to speed on the following changes to the Condo Act that recently occurred:
• Mandatory licensing of managers
• The new Condo Tribunal
• Periodic Information Certificates
• Board meetings by electronic means
• AGMs: Advance Notices of owners meeting and reduced quorum
• New voting methods and new proxies
Having the right condominium property management firm in place is essential to the successful operation of any condominium corporation and will ensure proper maintenance of the building. It will ensure the declaration, rules, regulations and by-laws are adhered to and are in accordance with the Condo Act. It’s also extremely important to protect your investment and understand the importance of the reserve fund to prepare for upcoming major repairs and replacements and avoid any unexpected special assessments.
Hassey Property Group is pleased to announce construction commencement of a new project, the Reid Centre, at the south west corner of King St. and Reid Dr. in South Barrie. This industrial development features a mix of unit sizes from approximately 2,000 square feet all the way up to approximately 30,000 square feet. With a mixture of dock level and drive in doors, excellent truck loading area, multiple entry points off King St. and Reid Dr. and 21 ft clear heights available this is an excellent location for light manufacturing, warehousing and recreational tenants. Estimated project completion is spring 2019.
After 23 years in downtown Barrie, Hassey Property Group is moving our head office to the south end of Barrie in our new office development currently under construction at the south west corner of King St. and Veterans Drive. We have thoroughly enjoyed our time in beautiful downtown Barrie and it is truly a bittersweet move for us. Hassey Property Group has grown significantly over the past few years and the new space will be better suited for our growing family. We anticipate the move will take place by the end of June.
Our existing building is believed to be over 100 years and has had some renovations over the years but still holds the unique characteristics of a century home. The building was purchased in 1995 and at the time Hassey Property Group consisted of 3 people. The majority of the house was leased out to various other business’ and slowly over time as the Hassey Property Group grew, so did the space we occupied in the building. The company has now grown to point where we need more space and we are excited to start a new chapter in the Hassey Property Group history at our new location.