Toronto
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.
May 15, 2024
Renting
City Of Toronto Breaks Ground On Dundas And Ossington Mass-Timber Rentals
The mass timber project on a former City parking lot marks the first groundbreaking under Toronto's new public developer model.
Construction
Inside The New Tool Helping Torontonians Rethink The Single-Family Home
“A home isn’t just a thing you buy and you’re done with. You need it to constantly evolve as your life changes,” says ReHousing Co-Founder Michael Piper.
Development Projects
MOD Developments Files Plans For 40-Storey Rental At Randolph Theatre
ONE Development listed the property for sale in 2024 after drawing up preliminary plans for a 49-storey tower.
In Canada's West, This Developer Is Building More Than Houses
Four Southern Alberta master-planned communities. One builder with a vision for how neighbourhoods should actually feel.
Development Projects
Sunray Group Buys North York Office Complex To Transform Into "Toronto Fortune Centre"
Slate Office REIT owned 95 and 105 Moatfield Drive in North York, then sold the complex in 2022 to Visionary Holdings Inc., which ended up in receivership in 2024.
Breaking Charts
Toronto Home Prices Dropped Nearly $55K In July, Sellers Pulled Back
GTA prices took another leg down in July, led by freehold homes, but a sharp contraction in listings suggests sellers are increasingly unwilling to transact at today’s clearing price.
Renting
$2.7B Feds-City Deal To Bring 5,600 New Rental Homes To Toronto
Construction is slated to begin on more than 4,500 of those homes before the end of 2026.
Development Projects
Toronto Townhouse Project With 65 Unsold Units Placed Under Creditor Protection
At 1682 Victoria Park Avenue in North York, Solotex Group was planning a 147-unit townhouse project called Vic Towns. 65 units remain unsold.
Real Estate News
Ontario Projected To See Stronger Housing Market Improvement Than BC: CMHC
Housing starts are expected to decline in BC between 2026 and 2028, but are expected to increase in Ontario.
Sold
Sold: STOREYS Moving Into New Toronto Office
We're trading our old digs for the Site. Toronto Campus: a beautifully repurposed industrial laneway building in Little Italy that's been sitting on our wish list since we first laid eyes.
Real Estate News
GTA Low-Rise Sales Outpace Historic Average For Third Straight Month
BILD COO Justin Sherwood calls this moment "a once-in-a-lifetime opportunity for new home buyers to purchase the home they desire."
Development Projects
Recently-Completed Manderley Condo In Toronto Placed Under Receivership
Located at 1478-1496 Kingston Road in Birch Cliff, The Manderley by Nova Ridge Development Partners Inc. has 194 units, 70 of which are unsold.
Development Projects
Minto Pivots To Purpose-Built Rental For Five-Tower Mimico Proposal
The Grand Park Village proposal has been in limbo for a decade, with Minto Communities taking it on in 2022.
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