BREAKING: BoC Holds Interest Rate For Second Time In A Row

Sustainability

Understand sustainability in Canadian real estate — what it means, why it matters, and how it enhances long-term value.

Sustainability

August 01, 2025


What is Sustainability?

Sustainability in real estate refers to designing, constructing, and operating properties in ways that minimize environmental impact, support social well-being, and ensure long-term economic viability.

Why Sustainability Matters in Real Estate

In Canadian real estate, sustainability is increasingly a priority for developers, investors, and municipalities seeking to reduce carbon emissions and support resilient communities.



Key considerations:
  • Energy efficiency and water conservation
  • Use of renewable materials and resources
  • Proximity to transit and services
  • Social equity and health impacts



Understanding sustainability supports compliance with environmental standards and can enhance property value.

Example of Sustainability in Action

The office tower was designed with sustainability in mind, earning LEED Platinum certification for its energy and water-saving features.

Key Takeaways

  • Focuses on minimizing environmental and social impacts
  • Includes energy, water, and material efficiency
  • Improves resilience and reduces long-term costs
  • Can enhance brand and market appeal
  • Supported by certifications like LEED and BOMA BEST

Related Terms

Additional Terms

Public Realm Improvements

Public realm improvements are enhancements to public spaces such as sidewalks, parks, plazas, and streetscapes, often funded or contributed by. more

Mortgagee in Possession

A mortgagee in possession is a lender who takes control of a property after borrower default, but before foreclosure or power of sale. The lender. more

Lease Surrender Agreement

A lease surrender agreement is a negotiated contract between a landlord and tenant that ends a lease before its scheduled expiration. Terms may. more

Green Infrastructure

Green infrastructure refers to natural or engineered systems that manage stormwater, reduce heat, and improve sustainability in developments.. more

Escrow Holdback

An escrow holdback is a portion of funds withheld at closing and held in escrow until specific conditions are met, such as completion of repairs,. more

Underused Housing Tax

The Underused Housing Tax (UHT) is a federal annual 1% tax on the value of vacant or underused residential property owned by non-resident,. more

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