VIEW BUILD A BETTER CONDO ACT 

* BANK OF CANADA PLEASE REDUCE 2026 INTEREST RATES - HELP HOMEOWNERS *

QUESTIONS ON THE REAL ESTATE MARKET?
INTERVIEW - Linda Pinizzotto Founder COA 
HOST Kenai Andrews - AvranceCorp Developments
TOPICS   2026 Real Estate Market - YOUTUBE
https://www.youtube.com/watch?v=0TYG7FKquo4&t=5s

FIND YOUR CONDO CORPORATION

CONDO AGM IN-PERSON & VIRTUAL

ONTARIO AUDITOR GENERAL REPORT - CONDOMINIUMS 

VALUE-FOR-MONEY AUDIT - CONDOMINIUM OVERISIGHT IN ONTARIO  

VIEW ALL ABOUT CONDOMINIUM OPERATIONS - PDF

View PDF explaining Condo Operations 

WANTED COA AMBASSADORS AND VOLUNTEERS

Apply as Ambassador
Apply as Volunteer
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ONTARIO PROVINCIAL GOVERNMENT WEBPAGE

Condo Property Management Services ACT  2015  
Condo Authority of Ontario (CAO)   
Condo Management Regulatory Authority ONT CMRAO

ELECTED MUNICIPAL PROVINCIAL AND FEDERAL OFFICIALS

City of Toronto Councillors
Ontario - MPP Provincial Representatives
Canada - MP Federal Representatives

COA ONTARIO AND MORE LINKS 

REM MAGAZINE - Linda Pinizzotto License Condo Managers
COA Condo Owners Association (COA) presentation 
COA Wikipedia - Linda Pinizzotto view Ontario Section 
Condominium Act
Condominium Law Changes
View PDF explaining Condo Operations 

Watch and Share You Tube Videos
 

Buying a Condominium

If you are considering buying a condo, make sure you research before signing on the dotted line says Linda Pinizzotto, Realtor and Founder President CEO of the Condo Owners Association. 

Linda has provided COA with an extensive portfolio of information for your protection and has recently launched her Condo Radio.com    

The New Condo Act offers more Consumer Protection 

• Consumer Protection for more details

New Vs Resale Condominiums

• Buying a Resale Condo on the market
• Buying a New Condo from a Builder
• Understanding Mortgages
• How Maintenance Fees affects Value
• How Low Reserve Funds affects Value

The Importance of Status Certificates

Buyers must have a condition requesting a Status Condition on their Agreement of Purchase and Sale.  The Condominium Corporation has 10 days to provide the Status Certificate and relating documents to the Buyer.  The Buyer should have 2-3 days to have their Lawyer review these documents to his/her satisfaction.   If the Buyer's Lawyer is acceptable to these documents;  the Lawyer provides recommendation to the Buyer to release the Status Condition and finalize the sale.  Lawyers will generally not approve the Status, documents etc.  if the Condo Corporation has financial concerns on the building and/or unit.  The Buyer. would normally be advised not to purchase the unit.  

The Status Certificate package includes

1. Condominium Documents
2. Auditor approved Financial Report
3. Reserve Fund information and accompanying confirmation
4. Insurance Company Letter confirming up-to-date condo building insurance and particulars
5. Cover letter from the Board outlining unit maintenance fees, arrears etc. relating to Unit
6. Any additional information relating to the condominium building   ie Loans, Liens, Law Suits
7. Is the Building Registered with the Condo Owners Association

Condo Reserve Funds and Operating Budgets

COA believes Condo Owners and all Home Owners should understand the operations of a Condominium and their financial structure, in particular operating budgets and reserve funds.

The financial package of the condominium buildings makes a huge impact on value therefore affecting the mortgage and real estate value.  There are key considerations to maintaining value in a condominium building aside from location and good management/maintenance.  The Reserve Fund is extremely important, see notes below:  

1. High reserve funds creates good value within a condominium corporation
2. Board of Directors should have studies to determine that the contributions for reserve fund are adequate to provide for the expected costs of major replacement  (per item 4 below)
3. Board of Directors who follow study reports for major repair and replacement of the common elements and assets of the corporation (as mandated by the Condo Act 1998)  helps maintain value of the building and units
4. Boards of Directors decisions must comply to all mandates of the Condo Act 1998  

Learn more about the  Condo Act

FINANCIAL STRUCTURE OF A CONDOMINIUM

What determines your Maintenance Fee?

The Condominium Financials includes the operating budget, surplus of funds, contingency funds and the reserve funds of the Corporation.  The maintenance fee for each unit is assessed in relation to the square footage of the unit, parking and locker (if included).  The Budget will include all of the expenditures based on a fiscal year of operations.

How to Apply for a COA CHAPTER

Rules and Regulations for Application for Chapters

Select a City or Region in the Province of Ontario.  Each City or Region is divided into Districts to fall in line with the local Politiical structure.   This platform provides strength and political insight into the community and allows the local District of the Chapter of the Condo Owners Association an opportunity to work within the 3 levels of Government to include the local Councillor, MPP and MP.

There are a few steps to qualify with a COA Region and another process to determine eligibibility for the growth of that City or Regions with the local Districts.

Consent and Authorization

The following Application must be submitted to COA Ontario

a) A formal letter of intent to apply for a COA Chapter within Ontario under the COA Ontario umbrella

b) Submit a description of your full understanding of COA Ontario, the local Chapter and the associated geographic area within the District of application

c)  Submit the names of the committee organizing the application to include not less then three condo owners in the district of application with at least one condo owner a member of a Board of Directors of a Condo Corporation owning a condo within the geographically permimeters of the Local Chapter Condo Corporation.  Each application must contain a maximum of five registered condo owners owning a Condo Unit in the Chapter of application and of these (three) applicants must be members of a Board of Directors in the Chapter Location at the time of application.

d)  All members must be prepared to adopt and abide by the Condo Owners Association Ontario and Condo Owners Association Local Chapters Code of Ethics for Directors.  A Copy of the COA Code is attached and outlined as Schedule "A" and all organizing committee must sign their acceptance.

e) Upon review and approval by COA Ontario, permission will be granted to process the application for the Local Chapter approval.

f)  Upon review and approval by Local Chapter, permission will be granted to process application for certification.

g)  At this time, the new Committee representing the local Districts of the new Chapter will be made available for the building of Districts.

h)  The New Chapter will have the name of the "Condo Owners Association under the applicable Chapter and in additional Chapter-Districts as they local districts grow. Approval is provided to allow the usage of the COA logo for each membered structure for COA Chapters and Districts.

g)  COA Ontario will appoint a COA Director to work with the newly appointed Chapter as a mentor in the planning and operations.  It will also be necessary to create a Mentor System for the new District with the Local Associated Chapter.

CHAPTER REQUIREMENTS

a)  The local Chapter will require active participation of all Board Members to create a base of Districts for membership within Local areas as defined by the political ward

b)  The governing Chapter body will maintained of all registered Condo Corporations

c)  Each Local Chapter shall maintain a database of Registered Condo Corporations within their Districts and provide updating to COA Ontario

d)  All COA Ontario and Local Chapters and Districts are not accepted Individual Condo Owners registration at this time

e)  All Condo Owners of Registered Condo Corporations will be eligible to receive all COA Discounts (as advertised and on websites)

f)  The Local Chapter and all associated District(s) are required to establish good business relationships with local retails and commercial outlets

DISTRICT REQUIREMENTS

a)  The local District will require active participation of all Board Members to create a membership of local condominium corporations within their geographic District.

b)  A list will be maintained of all registered Condo Corporations and provided to governing Local Chapter and governing body of COA Ontario.

c)  Each Local District shall maintain a database of Registered Condo Corporations within their District and provide this list to their Local Chapter at the time of registration.

d)  Local Districts and Chapters are not accepted Individual Condo Owners registration at this time

e)  All Condo Owners of Registered Condo Corporations will be eligible to receive all COA Discounts (as advertised and on websites)

f)  The Local District is required to establish good business relationships with local retails and commercial outlets

Please proceed to:   "Getting Started" for all details

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