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
Condos
Most Toronto Condo Investors Are Cash Flow Negative
Data from Urbanation and CIBC highlights the fact that the GTA is “facing the most significant test since the 1991 recession,” and condo investors are feeling it hard.
Development Projects
Toronto's First Mass Timber Development On City Land Gets Final Approval
The 10-storey building will be a part of the City’s Mass Timber Pilot Program, which aims to assess the feasibility of delivering affordable rental housing while reducing carbon emissions.
Real Estate News
More Than 75 New Condo Projects On Hold In GTHA Amid “Dislocated” Market
“We need a combination of lower rates, higher resale prices, and higher rents for the math to work again for investors,” Urbanation's Shaun Hildebrand tells STOREYS.
Newly Listed Trinity Bellwoods Modern Serves Sleek Sophistication
In the heart of the Trinity Bellwoods neighbourhood, a stunning family home (meets architectural feat) is waiting to be fallen for.
Transportation
$73M And 24/7 Construction To Shave One Year Off Gardiner Rehabilitation Project
Despite plenty of focus on expediting work on the Gardiner Expressway from the province and Toronto City Council, it appears that drivers will still be grappling with gridlock brought on by repairs until April 2026.
Construction
June Sees Another Slow Month For New Home Sales In GTA
Following record-breaking lows for GTA new home sales in May, data released by the Building Industry and Land Development (BILD) today shows sleepy conditions continued into June thanks to structural barriers and high costs to build.
Development Projects
Plans Filed For ‘Four Seasons’-Inspired Apartment With Only Three-Bedroom Units
All of the proposed units are slated to be three-bedrooms, which Darryl Frankfort of Dealcore Properties says will allow them to suit "various needs, such as additional space for grandchildren, home offices, or live-in help."
Affordable Housing
Affordable Housing Units For Unhoused Indigenous Men Open In Cabbagetown
The nine new studio units will provide a much-needed home for unhoused Indigenous men while they search for permanent housing.
Real Estate News
Canadian Cities Are Moving Into Buyers’ Markets, But Experts Say That Buyers Aren’t Biting
“For a buyers’ market to truly exist, you need to have real buyers.”
Development Projects
From Condos To Event Spaces, Toronto’s Churches Are Getting A New Lease On Life
From condos to event spaces and concert venues, Toronto's churches are being reinvented.
Development Projects
New Student Residences Proposed For York University's 'The Quad'
The development is the third of at least four phases – with Phases 1 and 2 having been approved in 2020 and since completed – and would bring 579 new units to campus.
Development Projects
Less Than A Year After Launch, Capital Developments’ Yorkville Flatiron Breaks Ground
“It's not just a big milestone for Capital Developments, I think it's also a really big milestone for the whole industry.”
Development Projects
DBS Developments Proposes 40-Storey Purpose-Built Rental Near Danforth And Main
A new 40-storey development proposed in early-March is moving forward with a Site Plan Approval for its East York development set to bring 546 new residential units to the neighbourhood.
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