Real Estate News
Development Projects
Hazelview Eyes Scarborough Retail Plaza For 50-Storey Mixed-Use Tower
Hazelview’s proposal calls for 590 residential units with a 49% share of two- and three-bedrooms.
May 09, 2025
Development Projects
Wesgroup Joins Crombie REIT On Four Safeway Redevelopments In Metro Vancouver
Wesgroup Properties is joining Crombie REIT on its Kingsway & Tyne, Lynn Valley, Hastings, and West Broadway projects across Metro Vancouver.
Renting
Average Canadian Rent Reaches A Five-Month High In April
The average asking rent has increased nearly 30% from the COVID-19 low in April 2021.
Real Estate News
How Far Will Carney’s $26B Prefab Promise Get Us In A Housing Crisis?
Prime Minister Mark Carney has pledged to provide $25 billion in debt financing and $1 billion in equity financing “to innovative Canadian prefabricated homebuilders.”
Nearly 4 Acres Of Waterfront Luxury Await At This Lake Rosseau Escape
Perched on nearly four acres along the coveted shores of Lake Rosseau, a newly listed, meticulously renovated cottage offers an extraordinary blend of privacy, recreation, and upscale relaxation.
Policy
Calgary Announces New Downtown Density Bonusing Offset Program
The new Downtown Density Bonusing Offset Program will encourage high-density residential development in downtown Calgary.
Real Estate News
“Outliers Of Greater Stability": Toronto Area Sees Uptick In Ultra-Luxury Sales
High-end homes in low-inventory areas like Rosedale, Forest Hill, and Leslieville are selling fast, and off-market sales over $10 million are rising due to sellers' preference for privacy.
Development Projects
Crombie, Northam Looking To Replace Scarborough Beer Store With 36-Storey Rental
Crombie REIT entered into a co-ownership agreement in 2018 that resulted in 50% interest in 3130 Danforth Avenue being sold to a subsidiary of Northam Realty Advisors.
Profiles
Christian Chia & Jason Turcotte On The Evolution Of OpenForm Properties
OpenRoad Auto Group was formed in 2000 and its real estate division, OpenForm Properties, came together in 2018.
Real Estate News
GTA Sees Slowest Non-Pandemic April For Home Sales In Nearly 30 Years
Sales ticked up slightly over March's level, but were down more than 23% year over year according to the latest data from the Toronto Regional Estate Board.
Real Estate News
"Scaring On The Psyche": TD Calls For Further 10% Drop In Condo Prices This Year
Recent data from TD Economics' GTA Condo Market Outlook points towards condo values falling a total of 15-20% from their peak in Summer 2023 by the end of 2025.
Appointment Notices
Colliers Names Andrew Kirkham Managing Director Of Vancouver Brokerage
Andrew Kirkham joins the Colliers team in Vancouver from KingSett Capital, where he was VP of Western Canada.
Real Estate News
Fredericton, Calgary Named The Best Places To Buy Real Estate In Canada
Head to the East Coast or the Prairies, and steer clear of Toronto or Vancouver if you're in the market for affordable, value-rich real estate.
Industry
Surrey Retail Complex Owned By Landmark Premiere And Cenyard Facing Foreclosure
The Guildford Place retail complex at 10310-10340 152nd Street in Surrey is co-owned by Landmark Premiere Properties and Cenyard Investments.
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