With gas prices at the highest they've been in a generation, and with the country opening up to travel following two years of pandemic-related closure, electric vehicles (EVs) are poised to become attractive propositions for commercial landlords.

As EV adoption accelerates across Ontario and Canada, commercial property owners are increasingly being asked by tenants to provide on-site charging infrastructure. Installing EV charging stations can differentiate your property in a competitive leasing market, attract environmentally conscious tenants, and future-proof your asset against evolving tenant expectations.

Key considerations for landlords include understanding the electrical capacity of your building, the cost of installation and ongoing maintenance, available government incentives, and how to structure charging fees or include them in operating costs. Working with a knowledgeable property management partner can help you navigate these decisions and implement a solution that adds genuine value to your portfolio.

For more information on how Armadale can help you evaluate and implement EV charging infrastructure at your commercial property, please contact us.