Toronto
Real Estate News
First-Time Buyers Are Bringing On Bidding Wars And Closing In On $1M Listings
Toronto agents say first-time buyers are flooding into open houses and dominating offer nights, which is something they haven’t seen happen since the Bank of Canada began to turn up the heat on interest rates.
Mar 18, 2024
Development Projects
Still No Completion Date For The One As SKYGRiD Takes Over Construction
A weeks-long transition culminated this week in SKYGRiD fully taking over construction of The One.
Development Projects
Junction Rental Plans Scrapped As Site Listed For $11.75M
The owners of 2978-2988 Dundas Street West, located on the northwest corner of Dundas and Pacific Avenue, brought the property onto the market late last week.
Development Projects
Leaside Condo Proposal Lands On The City’s Desk Once Again
A proposed 46-storey tower stands to bring more than 400 new condo units to Leaside — pending the City’s cooperation, of course.
Insider: Rate Cuts A Must For Housing Supply (And They Can’t Come Soon Enough)
The data shows it is completely plausible — and possible — to serve tens of thousands of new housing units into the market in the coming months, just by lowering rates.
Renting
Affordable Rental Lottery Opens For Toronto's Galleria On The Park
Renters will be chosen at random through a lottery system for Galleria on the Park's 135 affordable units, with rent prices starting at $1,589.
Development Projects
Revised Midtown Condo Proposal Asks For 38 Storeys On Yonge
This is the latest in a series of amendments to Y&S Condos: a luxury-forward office and condo development coming up near Yonge and Eglinton, which first hit the City's desk some seven years ago.
Development Projects
Leading By Example: ‘Missing-Middle’ Pilot Project Moves Forward In The Beaches
The missing middle typically refers to buildings that have a higher density than a single-family house and a lower density than a mid-rise building
Development Projects
Graywood Revises Plans for Sleek High Rise At Yonge And St. Clair
The proposal builds on an original proposition for a 35-storey high-rise that has since been increased to serve the growing demand in the area and to follow the city’s goal of reaching 285,000 new housing units by the year 2031.
Development Projects
Toronto Developer Seeks Commercial Exemption In 64-Storey ‘Hospital Row’ Proposal
Against the backdrop of an uncertain office landscape in Toronto, a developer is trying to better answer the call of what the city needs and wants.
Industry
Receiver Appointed Over Vandyk Group Company Owing Over $10M
Home Trust Company initiated receivership proceedings against Vandyk-Backyard Humberside Limited this week, and the Ontario courts have obliged.
Industry
HCRA Catches Besmirched Toronto Homebuilder In “Ploy” To Stay In Business
Ontario's Home Construction Regulatory Authority has refused to grant a building licence to Dynasty Home Builders due to its clear ties with Albion Building Consultant, which had its licence revoked last year.
Construction
Park It? Toronto Eyes Parking Lots For Housing Development
The City estimates that there are around 130 public parking lots — and 74 within Major Transit Station Areas — with official plan designations that would support housing or mixed-use development.
Industry
TRREB REALTOR® QUEST 2024 Hits Toronto In May
The countdown to TRREB REALTOR® QUEST 2024 is in full swing, and registration for this can’t-miss event is now open.
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