Other (Canada)
Oakville
Rose Corporation Acquires Largest Land Parcel In Midtown Oakville For $45M
The site, 420-468 South Service Road, falls within the draft Midtown Oakville Plan and is primed for high-density mixed-use development.
Jul 26, 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.
Finance
Reaching Financial Freedom: How To Leverage Equity For Retirement (Without Debt)
If you're ready to access financial freedom via your home's equity, without taking on debt, a HESA may be just the path you've been waiting for.
Economy
The BoC Came Through With A Rate Cut. Economists Are Already Anticipating Another
Economists with CIBC, BMO, and Desjardins are optimistic that the Bank of Canada will deliver on a third interest rate cut in September.
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.
Development Projects
Country Calling: Get To Know Sherwood Park, A Beloved Alberta Hamlet
For those who prefer to opt out of urban life without being too far removed from modern comforts, hamlets like Sherwood Park, Alberta are a perfect landing place.
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.
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
CMHC Introduces 'Frequent Builder Framework' To Fast-Track Loan Applications
The frequent builder framework will allow applications for CMHC's Affordable Housing Fund and Apartment Construction Loan Program to be expedited.
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.
Taxes
Easing Does It: Bank Of Canada Lowers Interest Rate By Another 0.25%
Wednesday’s cut brings the policy interest rate down to 4.5%, and was by and large anticipated by economists with Canada’s ‘Big Five’ banks.
Real Estate News
How Immigration And Migration Are Reshaping Canada's Luxury Home Markets
“Migration Nation” is the aptly named title of the Sotheby's International Realty Canada report revealing how population trends are impacting the country's most lucrative housing markets.
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."
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