Other (Canada)

Redevelopment Of Crews & Tangos Rejected (Again) Amid Pushback From Queer Community
Development Projects

Redevelopment Of Crews & Tangos Rejected (Again) Amid Pushback From Queer Community

An application to redevelop the beloved gay bar in Toronto's Church-Wellesley Village in favour of a 48-storey mixed-use building was rejected by the Toronto and East York Community Council on Tuesday, following pushback from the queer community.

Real Estate News

Canadian Home Sales Dip In December, Expected To Surge In Spring

After a supply surge allowed for relatively high sales activity in October and November, Canadian home sales "dipped" in December, according to CREA. Still, we're doing better than we once were.

Real Estate News

Sotheby's "Optimistic" For Luxury Markets In 2025 After "Tumultuous" 2024

With interest rates on the decline and buyer sentiment up, Sotheby's International Realty Canada President and CEO Don Kottick says he's "optimistic" about the luxury market for 2025.

Mortgages

“The Norm For Some Time”: BMO Calls For Mortgage Rates Below 4% In 2025 Outlook

“There is room for variable rates — currently around 4.7% — to test the 4% level, which would be an important psychological and valuation barrier, but the Bank will have to continue easing.”

Development Projects

Plans Filed For 40- And 45-Storey Residential, Film Studio In Toronto’s Port Lands

Plans from Tepfam Holdings are in keeping with the ongoing efforts to turn the Port Lands neighbourhood of Toronto into a buzzing community and housing hub.

Development Projects

Fitzrovia's Plans For Cabbagetown Development Reduced To 39 & 40 Storeys

Representing Fitzrovia's fourth resubmission since December 2020, the development is poised to deliver 1,288 purpose-built rental units to Cabbagetown South.

Development Projects

Reserve, Westdale Properties Propose 61 Storeys In Mount Pleasant

Plans from Reserve and Westdale represent the third submission for the site since 2017, and the largest to date, with almost 900 new residential units proposed.

Under Construction

"Out Of Control": Ontario Needs Immediate Reform Of Taxation And Fee Structures

Poilievre has vowed to eliminate the federal sales tax on new homes sold for under $1 million and Crombie has pledged that she would do away with the provincial land transfer tax for first-time homebuyers. We now need the Conservatives to step up to the plate and do the same.

Industry

BILD Introduces New 'Trusted Builder And Developer' Initiative

"[The initiative is] a demonstration, if you will, of the fact that [builders and developers] recognize the need to 'be in it for the long haul'; to support their association, not only in good times but in difficult times."

Development Projects

Plans Filed For 11 Buildings Up To 42 Storeys Near Kipling Station

Plans from Rinomato Construction go part and parcel with an Official Plan Amendment application to re-designate the site from “core employment” to “mixed use.”

Development Projects

Fitzrovia Seeks More Height For Final Phase Of Milestone Purpose-Built Rental Development

More than a year after breaking ground on the first phase of their master-planned rental development in Danforth Village, Fitzrovia has submitted revised plans for its final phase, which would bring the proposed storey count from 17 up to 56.

Development Projects

10 Exciting GTA Developments Set To Complete In 2025

CIBC Square II and Limberlost Place are amongst the striking GTA development projects that are set to be completed this year.