Toronto
Industry
"Defiant" Owner Of 55 Dundas Forces BMO To Settle Receivership For $8M
The company that owns 55 Dundas, 11603531 Canada Inc., was placed under receivership in November at the request of BMO.
May 17, 2024
Development Projects
17-Storey High Park Proposal Gets Pushback From Community, City Staff
“I think that there's a perfectly good case to be made for a new building going there,” Ward 4 Councillor Gord Perks tells STOREYS. “I think it's a great site for a new building. It just requires that the developers… follow the rules of good planning.”
Listed
Trinity Bellwoods Stunner Is The Perfect Victorian-Style Family Home
The Victorian-style dwelling was recently renovated to create 3,600 sq. ft of fresh, modern living space that blends traditional elements with contemporary finishes, resulting in a timeless masterpiece that's move-in ready.
Development Projects
DiamondCorp Files Plans For Sleek 56-Storey Skyscraper At Yonge And Eglinton
The proposal comes from DiamondCorp — a developer known for tapping into the potential of under-utilized sites across the Greater Toronto Area — and seeks to replace a Royal Bank of Canada building that’s currently on the site.
‘A Deep-Rooted Focus’: Averton Enters Alberta And Ontario Purpose-Built Rental Markets
"We appreciate that the homes we build, and the communities we develop, are the backdrop to our customers’ everyday experiences," says Averton President and CEO Paul Lanni. "This is something we don’t take for granted, and the pursuit of excellence is what fuels us.”
Development Projects
45 Storeys, 488 Living Units Proposed For Etobicoke Centre
Vaughan-based development group Forest Gate has submitted plans for a prospective 45-storey mixed-use building that would replace a 10-storey rental building in Islington Village.
Finance
Newly Launched Financing Model Makes It Easier To Access Your Home Equity
The Home Equity Partners Inc. has debuted a HESA model in Canada, giving GTA homeowners the opportunity to access flexible financing by tapping into their home’s value. The best part? It doesn't involve taking on debilitating debt.
Development Projects
New Proposal Seeks To Swap Yonge Street Gas Station With 40-Storey Condo
The proposal lays out plans to bring 536 new condo units to 4696 Yonge Street, near the intersection of Yonge Street and Sheppard Avenue West in North York.
Development Projects
Church-Reuse Proposal In Riverdale Drops To Six Storeys
“The primary focus of the development plan is to help the St. John’s Presbyterian Church congregation remain in their historic location for years to come.”
Listed
Picture-Perfect Dovercourt Village Semi (With Income Suite) Hits Toronto Market
It's not often that a home like this one comes along – steps from the subway line, a big backyard, style for days, and ready and waiting for the right urban family to set up and start living their Toronto dream.
Development Projects
29-Storey Infill Tower To Bring Over 450 Condo Units To Jane And Finch
The proposed development comes from Stanford Homes and would neighbour a 17-storey, 198-unit rental building that’s already on the site.
Affordable Housing
10-Storey Affordable Housing Development Proposed For Parkdale
There could be another new addition to Toronto’s perpetually evolving Parkdale neighbourhood.
Cities
Artists Sought To Transform Taxiway At Downsview Airport Lands
An urban community will take shape in the coming decades at the Downsview Airport Lands and, in the meantime, Northcrest Developments is calling on artists to help bring the site to life through cultural events and installations come 2025 – including 600 metres of tarmac.
Construction
‘A Lull In The Market’: High-Density Land Sales Plunge To A 10-Year Low In GTA
According to data from Colliers and Altus Group, there have been just 20 transactions as of the first quarter of 2024, putting annualized sales in the territory of 2009.
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