Real Estate News

A rendering of the revised Cohen Block proposal set for 8-36 W Cordova St. and 15-27 W Hastings St.
Development Projects

Bosa Properties Revises Cohen Block Proposal, Doubling Height To 40 Storeys

​Bosa Properties submitted their original rezoning application in 2023, but has now revised the proposal for 8-36 W Cordova and 15-27 W Hastings in Vancouver.

Policy

After A Top-Down Approach On Housing, BC Is Starting To Listen. Is That Enough?

A couple of changes to rules around housing construction, along with recent speeches by Premier David Eby and Housing Minister Ravi Kahlon hinting at more changes to come, have triggered hopes that this term’s NDP government is showing signs of some increased flexibility around development.

Development Projects

Oben Group Proposes 14-Storey Purpose-Built Rental For South Parkdale

The development would replace a long-term care home and add 147 purpose-built rental units to South Parkdale.

Construction

From Far And Wide: Is It Possible To Build An All-Canadian Home?

Given the ongoing trade war with the US, we wanted to know if it was possible to build a truly Canadian-made home – from lumber and labour to HVAC and appliances.

Toronto

Feds Announce $2.55B In Support Of Toronto Rental Housing Projects

The $2.55 billion in low-cost financing will speed up the delivery of 4,831 rental homes, including a minimum of 1,075 affordable rental units.

Development Projects

Bonnis Properties Ups Granville Street Proposal To Two Towers Up To 43 Storeys

Bonnis Properties has submitted a rezoning application for 800-876 Granville Street, after cancelling the previously-proposed 17-storey office tower.

Retail

A Timeline Of The Hudson's Bay Company's History And Insolvency

​Canada's oldest retailer, the Hudson's Bay Company, is facing insolvency. Here's a timeline of its history and its ongoing creditor protection proceedings.

Industry

Dundas West Development Site From TAS Under Receivership With $17.5M Debt

The appointment order stems from an application made by Cameron Stephens Mortgage Capital, which describes indebtedness exceeding $17.5 million and a failed attempt to sell.

Development Projects

Historic Toronto Chapel One Step Closer To Rental Apartment Retrofit

Canadian developer Kindred Works has recently filed a Site Plan Approval application for their Lawrence Ave. E rental project, which will now deliver 148 new housing units and include the retention of a historic church.

Construction

Housing Starts Slow In February, Tumbling 68% In Toronto And 48% In Vancouver

Nationally, the seasonally adjusted annual rate of starts pulled back 4% month over month in February, erasing January’s 3% gain.

Real Estate News

Tariff Fears Drive "Sharp" Decline In Canadian Home Sales

It was another slow month for home sales in February as tariffs fears continued to keep buyers on the sidelines, according to new data from the Canadian Real Estate Association.