Real Estate News
Construction
Ontario Only Added 40% Of The New Homes It Needs To Keep Up With Population
Estimates show that Ontario needed to start 200,000 new homes to keep up with the rate of population growth last year and achieved just 82,000.
Jan 23, 2025
Real Estate News
Challenges Linger, 125 Presale Launches Projected For Metro Van In 2025
MLA Canada is projecting 125 presale launches in Metro Vancouver in 2025, a minor increase from 2024.
Multifamily
Landa Global To Buy Vancouver Modus Project Under Receivership For $10.6M
The Modus project planned for 7576 Granville Street in Vancouver was being built by Centred Developments before it was placed under receivership in May 2024.
Real Estate News
Having More Big Cities, Rather Than Bigger Cities, Could Fix Canada's Housing Crisis
A new study from the C.D. Howe Institute argues that focussing homebuilding efforts in “superstar” cities like Toronto and Vancouver will keep already unattainable prices the same, or even increase them.
Sprawling Collingwood Estate Boasts Apple Orchards And A Squash Court
In the Collingwood countryside — AKA: one of Southern Ontario's most beloved regions, known for its world-class ski resorts and proximity to Georgian Bay — sits a charming-yet-luxurious farmhouse that you must get acquainted with.
Policy
Toronto Looks To Permit Fiveplexes, Sixplexes In Scarborough North
A “city-wide sixplex study” is set to be delivered to Toronto City Council by the fourth quarter of this year.
Industry
Difficulties In China Force Aoyuan To Sell Projects In Vancouver, Toronto
The sales China Aoyuan Group has made are pertaining to The Grove and One Central in Metro Vancouver, and 120 Peter Street and M2M Condos in Greater Toronto.
Development Projects
4 Towers Up To 45 Storeys, Affordable Housing Proposed For The Queensway
Plans call for a 30-, 35-, 40-, and 45-storey development set to deliver 1,819 residential units, including 342 affordable housing units, to Etobicoke, as well as a new public park and extensive programming space for a number of non-profit operations.
Development Projects
Compten Management Revises 4-Tower Development Next To Fairview Mall
The 47-, 42-, 42-, and 42-storey development would deliver over 1,800 units to North York.
Development Projects
Choice Properties Plans 10- & 35-Storey Rentals Next To Woodbine Station
Six years later, plans have evolved from nine- and 15-storey buildings with 402 residential units to 10 and 35 storeys with over 600 units — plus a pre-school space, theatre space, and grocery store.
Industry
Living Realty And Keller Williams Announce History-Making Partnership
The affiliation between Living Realty, Inc. and Keller Williams Realty, Inc. marks the largest independent company to join a franchise in industry history.
Development Projects
Four 23-Storey Towers Proposed For Etobicoke West Mall
An ambitious four-tower condo development, 23 storeys each, has been proposed by Fana Group of Companies that would deliver over 1,000 residential units to the Etobicoke West Mall neighbourhood.
Industry
Receiver Retains Rennie To Sell Remaining 119 Units At Thind's Highline Metrotown
The Highline Metrotown tower at 6511 Sussex Avenue in Burnaby was completed by Thind Properties in late-2023 before the leftover units were placed under receivership in December 2024.
Development Projects
26 Storeys Proposed Between Glencairn And Lawrence West Stations
If approved, the tower would replace six single-family homes at 726-736 Marlee Avenue — a residence type that currently the defines the area.
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