Real Estate News

Ontario Only Added 40% Of The New Homes It Needs To Keep Up With Population
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.

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.

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

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.