House Buying & Selling Tips

Composition of  Minto Smaller communities GTA ‘s latest improver to  Toronto‘s Fashion District may be under construction at the  cor of Portland and Adelaide you since mid-2020. Now, 123 Portland Route   is gearing up to gain vertical construction as  the  14-storey  Sweeny & This really is Architects -designed...

Revisions have been made to a development proposal in Toronto’s Danforth Village neighbourhood. Originally submitted to the City in November, 2019, a Zoning By-law Amendment application was resubmitted by Carlyle Communities and Slate Asset Management in January, 2021 with changes in the plan for a proposed new mixed-use complex at 6 Dawes...

The University of Toronto, in partnership with The Daniels Corporation, continues its downtown St George Campus expansion with a striking mixed-use student residence development with expressive brick facades and a cleverly incorporated heritage component. UrbanToronto last reported on the story in February, 2019 after zoning was settled at the Local Planning Appeal Tribunal (LPAT). This resubmission...

As Toronto‘s Housing Now initiative continues to progress across the 17 designated sites, early massing concepts have emerged for five more key sites across the city, revealing planned heights and densities for each as part of Phase 2 of the Housing Now program. Housing Now was initiated by the...

Greater Toronto Area Rental Apartment Market The Average Rent for All Property Types in the GTA has Declined by 8.7% Annually in July 2020 The chart below presents data on the average (yellow vertical bar) and median (horizontal line) monthly asking rent for GTA rental listings for all property...

The COVID-19 pandemic has complicated investing in real estate, but not as much as one might think. Investment in Canada’s industrial sector last quarter hardly declined from the prior-year period, demonstrating that the pandemic hasn’t disrupted all areas of the real estate market. “National investment volume in the first...

Recreational properties in Canada rose in value by 11.5% year-over-year through the first three quarters of 2020, and are expected to increase by another 8% in 2021, according to a report from Royal LePage. The average single-family homes in recreational markets reached $453,046, while condos increased by 9.7% to...

Because sometimes you just need a change of scenery The post Eleven high-tech items to turn a park or backyard into your home office appeared first on Toronto Life.

With the new Crosstown LRT opening in less than two years, today, Toronto City Council unanimously passed the Golden Mile Secondary Plan that will guide the redevelopment of many parcels of land along the Crosstown route on Eglinton Avenue East between Victoria Park Road and Birchmount Road in Scarborough. In...

Six months since we last checked in on the Downtown Toronto construction site for Yonge & Rich Condominiums, the 46-storey condo tower by developer Great Gulf is heading towards completion east of the Yonge and Richmond streets intersection the project is cheekily named for. Designed by architectsAlliance and Graziani + Corazza Architects, the building’s exterior is now largely in...

The door happens to be open to real estate investors hoping to get into the multi-family residential sector, if they wait too long they might miss their chance. “I think getting in now is a good option because it’s one of the very few a short time in recent...

Despite the changes that have shaken up real estate and the world beyond, people continue to need new places to new, and presentation centres remain a big part of the Greater Toronto Area housing market. In years prior, these spaces were often packed to the gills with prospective buyers,...

Western Canada’s commercially aware real estate markets might be forecasted to perform very well the particular remainder of the year, congruent with separate reports from RE/MAX and CBRE. According to RE/MAX, institutional investors and private fairness were present in nearly every internet last year and spurred regarding multi-residential, industrial...

Until just a few years ago, the eastern portion of the LCBO lands on Toronto‘s waterfront was occupied by surface parking and an unkempt wedge of grass and trees, formerly traversed by a rail spur leading to an LCBO warehouse. Now, this rectangular plot of land between Queens Quay East...

A gritty piece of Toronto heritage under threars;   Toronto, Peel raise traffic of delaying reopening plans in to face of COVID-19 variants;   Toronto will commemorate those destroyed to COVID-19; and more news: A major gritty piece of Toronto heritage as little as threat   (Globe then Mail)...

Canada’s economy sputtered last month with only 83,600 new jobs created—significantly below the 378,000 unique jobs generated in September—but the number of people who work from home grew by 150,000 in October, according to a report from Statistics Canada. The country’s unemployment rate was mostly sideways at 8.9% last...

The global COVID-19 pandemic is having far-reaching effects in Toronto, consists of major impacts to what have been booming real estate and building industries. Many jobs and most events are currently suspended, postponed, or affected in other ways, regardless that UrbanToronto is still operating at overall strength with our...

Greater Montreal’s housing market appears to have been on fire of late but marketing slipped 3% year-over-year continue for month—the first time that’s managed in six years—according within data from the Quebec Skilled Association of Real Estate Brokers (QPAREB). The Island of Montreal, but saw sales rise simply 6%...

New condo sales in the Greater Toronto Area set a new record and rose by 30% last quarter over Q3-2019, with 6,370 units purchased, according to an Urbanation report. The third quarter record was driven by sales surging 106% to 3,834 units in the 905 region, although it was...

Humorous be forgiven for if that, in light of the COVID-19 pandemic, restaurateurs, bar to nightclub owners would enjoyably break their leases to prevent hemorrhaging money. Turns out, not only are they bravely prepared to wait out there pandemic, hordes of new entrepreneurs are trying to find venues to...

Developers should help settle new schools and servicing, Toronto board tells médiocre;   Home prices about to correction in multiple Canadian cities as values improve, CMHC warn;   Via or Under? Can Metrolinx Make Up Their Mind?; plus news: Developers need to help pay for new classes and repairs,...

Walking into a preconstruction condo personal profile sales centre ill-prepared can exercise you thousands of extra dollars on top of what will likely already be the most expensive stock decision of your life. Erica Mary Smith, even of record at Stomp Real estate in Toronto, has some pointers in...

Combine rising technology with the paucity of new condominium launches in the GTA last year and you’re playing what will doubtless be certainly sought-after developments in 2021. Joy Station Condos as a result of Liberty Development, named after nearest Mount Joy Go Section in Markham, is worries and hassles...

COVID-19 has resulted in a new housing boom and catapulted prices to new heights, except to be outdone, the banks regarding mom and dad have adapted with the time. “We’re seeing that parents who qualify for reverse mortgages are accessing them so they can unlock some of that equity...

The significance gap between communities of colour and the typical U. S. non commercial continues to shrink as home morals reach pre-Recession levels.

Forgoing liability insurance on rental properties is equivalent to “playing Russian roulette, ” promises a savvy investor with about 57 doors, and for good reason. “It’s playing Russ roulette if you don’t have insurance near the property. If you have 20 units coupled with two people living in each...

If passed through the system, first-time homebuyer tax consumer credit score could push some tenants 14 years ahead toward homeownership

Court injunction filed as heritage activists improve fight to save Toronto‘s Foundry barns;   Toronto councillors warn Very Parliament area ‘not for sale’ as province seeks to catch historic site;   Meet Chips Mantas, Toronto‘s newest councillor; as well as more news: Court injunction filed because heritage activists step...

Like many areas of Toronto dominated by vast stretches of low-rise retail and industrial properties, Scarborough’s Golden Mile area is on the doorstep of transformation, with multi-tower communities proposed across various large sites along the Crosstown LRT, set to begin operating in 2022. Evolved from a 2016 proposal to redevelop the...

Ontario to impose stay-at-home order, closing non-essential reseller, sources say;   Toronto’s office vacancy rate hits highest level since 08 financial crisis;   Ontario Variety Design Changes Again; d news: Ontario returning to impose stay-at-home order, reducing non-essential retail, sources declare (CBC News) Toronto’s office vacancy rate hits highest...

Beginning this year, condominium buyers will receive the Ontario’s Residential Condominium Buyers’ Guide upon their purchase. Here’s what’s inside. The guide advises securing the services of a legal professional to help you sift through involuted documents—including the Preconstruction Agreement of Purchase and Sale—as well as to understand the different...

Andrea Ross and her husband decided to renovate their home in Toronto’s Davisville Village to make it more functional after learning she was pregnant, and then the COVID-19 pandemic struck. “We had our third child coming and our plan was to sell it in the next three years, but...

The strength of condominium investments in Toronto has diminished recently—first because of exorbitant carrying costs, and lately because of the novel coronavirus—but not only does selecting the right project buck those trends, it yields above-average returns. Savvy investors have long been bullish about master-planned condo developments because of their...

In today’s competitive property market, low interest rates are said across the board, but while many lenders offer rock-bottom rates, researching all of the terms and conditions in a personal loan contract is imperative contracts the dotted line. Let’s think about the three Ps of a home finance loan...

A late 2020 application to the City of Toronto seeks Zoning By-law Amendments to permit a new 15-storey development at 471 Queen Street East, between Parliament and River streets in Corktown. Dubbed The Queen, the project by Lamb Development Corp features a design by A&Architects that brings new ground floor retail and condominium units...

The global COVID-19 pandemic is having far-reaching effects in Toronto, including major impacts to what have been booming real estate and building industries. Many jobs and most events are currently suspended, postponed, or affected in other ways, though UrbanToronto is still operating at full strength with our team working...

More millennials have to have digital home shopping gadgets and are comfortable making giant purchases online, leading a huge shift toward a digital-first real estate transaction.

Condominium rentals with Greater Toronto Area surged made by 86. 3% last quarter in Q4-2019, owing to a deluge in condominiums dumped into the long-term lettings pool, says the Toronto Regional Home Board (TRREB). “Demand for condominium holiday apartment rentals reached record highs throughout the second half of 2020,...

This place last sold for $2.5 million in 2010 The post House of the Week: $6 million for a Casa Loma home with a groovy backyard gazebo appeared first on Toronto Life.

City staff recommend beginning a big swath of Yonge Street to bike lane and patios for summer;   To pave with regard to wetland development, Ford so as to retroactively changing law;   After a ‘bloodbath’ of a decade, Toronto tourism association in order to ahead to recovery; etc...

One of the largest developments on its way in Toronto is a multi-tower, mixed-use community at site of the former Christie’s Cookies plant in South Etobicoke. The Master Plan by London-based Allies and Morrison along with Toronto’s Urban Strategies continues to be shaped and refined through the project team’s various submissions. Looking east towards 2150...

With a global pandemic drastically altering the way we interact with our workspaces, both older and modern office buildings alike are suffering issues unforeseen during their design stage. The first wave of COVID-19 alone put unprecedented strain on parcel carriers, and by extension, the mailrooms, elevators, and hallways of commercial...

Population increases in Canada’s urban centres decelerated between July 2019 and Mid summer 2020, according to Statistics Canada—a inclination no doubt influenced by the sprawling look affordable detached homes. “The desire to take up residence outside the largest urban centres seemed to be reflected in the rapidly increasing case...

Contributing to a wave of new development along Dupont Street in Toronto, Tridel‘s latest project for the area, simply known as The Dupont, is set to rise just east of Ossington on an existing Sobeys supermarket site. The nine-storey, Turner Fleischer Architects-designed building is to give the site a new urban presence with 330 condominium...

Greater Toronto Area Rental Market The Average Rent for All Property Types in the GTA Declined by 17% Annually in January 2021 The chart below presents data on the average monthly asking rent as well as the average rent per square foot for GTA rental listings (all property types:...

Greater Toronto Area Rental Apartment Market The pandemic and its impacts have continued to weigh on the Greater Toronto Area (GTA) rental market. Economic uncertainty, fear of moving for health reasons due to an uptick in positive COVID tests have severely reduced rental demand.  A rent freeze in Ontario...

Since its mid-2017 construction start at Bay and Lake Shore in Downtown Toronto, CIBC SQUARE‘s South Tower has captured the attention of our UrbanToronto Forum contributors, who have been hard at work capturing the Hines and Ivanhoé Cambridge-developed project from every imaginable angle through its construction. Designed by UK-based WilkinsonEyre Architects in collaboration...

Nearly a half-century after the University of Toronto’s Robarts Library opened its doors at St George and Harbord streets, the Mathers and Haldenby-designed Brutalist icon is gearing up to welcome a modern five-storey addition opening in 2021. The new ‘Robarts Common’ designed by Diamond Schmitt Architects will bring 4,304 m² of new space to the 1973-built building’s Huron Street frontage, with a glazed,...

How is it that you have the same income and credit presented to various lenders but have different maximum loan doses? Depending on the type of mortgage model, lender, and program, this advice amount varies greatly. Let’s start into the different types of mortgages and exactly how these limits...

The number of new listings on the Canadian THE LOCAL MLS could be meek this spring, introducing the way for record demand and clash with record-low supply. “The stat to watch in 2021 will be brand-new listings, particularly in the spring—how several existing owners will put the companies homes...