Breaking News
Development Projects
Four Vancouver High-Rise Projects Set To Be Delayed Due To Weak Strata Market
The four high-rise projects in Vancouver are being developed by Wesgroup, Prima, Landa Global, and Westbank.
Jun 21, 2024
Development Projects
Victoria Park ‘Housing Now’ Development Moves Closer To Fruition
It was a productive day at CreateTO’s June 19 board meeting, with multiple adoptions of Housing Now proposals including a recommendation that will bring a Victoria Park Housing Now development one step closer to completion.
Renting
Renter Report Shows Young Canadians Have Not Given Up On Homeownership
Despite stubborn financial hurdles, a new report from Royal LePage shows that many Canadians stuck in rental purgatory are still dreaming of homeownership, with younger-aged renters leading the charge.
Listed Commercial
Wall Financial Selling Planned 32-Storey Rental Project In Vancouver West End
The rezoning application for 1065 Pacific Street was approved in March 2024, but the project was recently listed by Colliers.
Investors, The Condo Market Needs You Right Now: Expert
"It's going to be a while before the condo market is a great option for investors again, and until then, we're looking at a ton of inventory, decreasing values, and an increasingly strapped rental market."
Development Projects
Ontario's Largest Co-Op Housing Development Heading To Toronto City Council
As Mark Richardson, Senior Technical Lead at Housing Now, put it, an approved amendment would mean “turning 199 surface parking spaces into over 900 units of new housing.”
Policy
Where Mayor-Elect Of Mississauga Carolyn Parrish Stands On Housing
After a celebratory speech at the Mississauga Convention Centre, housing seemed to be at the top of Parrish’s mind. “The first step is to get the best developers and builders that we’ve got in our city and bring them in to be my advisors,” she told reporters.
Policy
Community Council Fails To Pass Decision On Tessa Virtue Painting Heritage Home
In a Toronto and East York Community Council meeting that concluded this afternoon, Tessa Virtue and Morgan Reilly’s application to paint their North Rosedale Heritage home with white limewash was forwarded to City Council.
Policy
City Council To Decide If Tessa Virtue and Morgan Reilly Can Paint Their Heritage Home White
The council meeting will be the most recent development in a months-long back and forth between the couple and the City’s Heritage Department who are against the proposal to paint their Edwardian era home white.
Breaking News
Federal Government Launches $1.5B Co-op Housing Program
The new $1B Co-operative Housing Development Program is intended to support a new generation of co-ops in Canada – a housing option that provides secure, affordable, and community-oriented homes.
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