Call Marg: 705-446-1762

Back in September 2007, I told you about our foray into the world of real estate investment.  We purchased a condo in Collingwood that we rented to a fantastic family and, we are still very happy with our decision.  There’s more though.  One never knows where things can lead and many things have happened since then.

First, I was elected to the board of directors of the condominium corporation last year.  It’s been a tremendous learning curve but one I am so glad to have taken on.  Having book knowledge of the Condominium Act and all of the inner workings of a corporation is quite different than having practical knowledge as I do now.  Our little corporation may in fact be one of the more complex ones in the area for a variety of reasons and has therefore exposed me to a very wide range of issues from how parking is enforced to condo budgets, reserve studies, property maintenance and management.

When the condo development was first built, it had a playground for the children but over the years, it fell into disrepair and ultimately, it all but disappeared.  Residents have called for its refurbishment for a long time now but money was an obstacle.  This week, all that has changed.

At our last annual meeting, we put forward the idea of establishing a task force of residents to put together a business plan.  It was astounding to see almost every single person at the meeting step up and volunteer to be on the committee.  For the next two months, they worked together.  Our own tenant used his engineering skills to pull together a design.  The parents of one of our residents  donated a swing set and slide.  Other people donated time and equipment for land preparation and, a local company donated tires for edging and playing.  Before you know it, we had a very workable plan at a relatively minor cost.

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This past week-end, we called for volunteers and the turnout was outstanding.  From 8 am to 6 pm, residents, property managers, owners and others worked side by side to build the playground.  It was accomplished in a day.  There was a BBQ.  There was lots of laughter.  The kids starting playing before the work was finished.  It was an amazing day.  More than building a playground, it was building a community.  Here are some :

Monthly E-Newsletter

Marg Scheben-Edey

Real Estate Broker
Market Value Appraiser - Residential
Accredited Green Broker™
(designated by the National Association of Green Agents & Brokers)

RE/MAX four seasons
realty limited, Brokerage
Each Office Independently Owned & Operated
67 First Street, Collingwood L9Y 1A2

Contact Marg

 Direct: 705-446-1762

Prefer Text? 705-446-5066

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