Real Estate News Headlines from Across Canada

REITs & Institutions

Crombie REIT Buys Safeway At South Surrey's Ocean Park Shopping Centre For $12.7M

The property has been classified under the REIT’s “income-producing” strategy — as opposed to the “redevelopment” strategy — though Crombie REIT is in the process of redeveloping multiple Safeways across Metro Vancouver.

REITs & Institutions

Allied Properties REIT Sells Dominion Square, 5 Other Toronto Assets For $123M

Allied Properties REIT (TSX: AP.UN) has set a disposition target of approximately $500 million, and is about halfway to that target through two quarters.

REITs & Institutions

H&R REIT To Be Acquired In $6.7-Billion Deal With GO Residential

The buyer group includes GO REIT, Blackstone Real Estate, Crestpoint Real Estate Investments, PSP Investments, and CRAL.

Real Estate News

Ontario New-Home Sales Ticked Up In Q2, HST Rebate Program Credited: BILD

Overall, there were reportedly 8,410 new home sales in Ontario in the second quarter of 2026, 4765 of which were incremental and attributable to the HST rebate program.

In Canada's West, This Developer Is Building More Than Houses

Four Southern Alberta master-planned communities. One builder with a vision for how neighbourhoods should actually feel.

Real Estate News

Canada Is Building More Homes (But Fewer Of Them Are For People To Own)

A new report from Desjardins underscores that the nation-wide volley from condo to rental is not a risk-free trade-off.

Private 93-Acre Turnagain Island On BC's Sunshine Coast Sells For $13M

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Private 93-Acre Turnagain Island On BC's Sunshine Coast Sells For $13M

The sale of Turnagain Island is the highest-value residential property transaction ever recorded on the Sunshine Coast, according Sotheby's International Realty Canada.

Development Projects

MOD Developments Files Plans For 40-Storey Rental At Randolph Theatre

ONE Development listed the property for sale in 2024 after drawing up preliminary plans for a 49-storey tower.

Industry

40 Under 40 Finalists For 2026 Just Revealed

After a record number of nominations, 100 finalists were selected to send to judges.

Development Projects

Sunray Group Buys North York Office Complex To Transform Into "Toronto Fortune Centre"

Slate Office REIT owned 95 and 105 Moatfield Drive in North York, then sold the complex in 2022 to Visionary Holdings Inc., which ended up in receivership in 2024.

Development Projects

Toronto Townhouse Project With 65 Unsold Units Placed Under Creditor Protection

At 1682 Victoria Park Avenue in North York, Solotex Group was planning a 147-unit townhouse project called Vic Towns. 65 units remain unsold.

Under Construction

EXPERT: Ontario Taxes Housing Like It's A Vice, Not A Necessity

Despite temporary HST rebates and lower development charges, according to RESCON, taxes and government-imposed charges account for roughly 36% of the purchase price of a new home in Ontario.

Real Estate News

Crombie REIT Buys Safeway At South Surrey's Ocean Park Shopping Centre For $12.7M

The property has been classified under the REIT’s “income-producing” strategy — as opposed to the “redevelopment” strategy — though Crombie REIT is in the process of redeveloping multiple Safeways across Metro Vancouver.

Allied Properties REIT Sells Dominion Square, 5 Other Toronto Assets For $123M

Allied Properties REIT (TSX: AP.UN) has set a disposition target of approximately $500 million, and is about halfway to that target through two quarters.

H&R REIT To Be Acquired In $6.7-Billion Deal With GO Residential

The buyer group includes GO REIT, Blackstone Real Estate, Crestpoint Real Estate Investments, PSP Investments, and CRAL.

Ontario New-Home Sales Ticked Up In Q2, HST Rebate Program Credited: BILD

Overall, there were reportedly 8,410 new home sales in Ontario in the second quarter of 2026, 4765 of which were incremental and attributable to the HST rebate program.

In Canada's West, This Developer Is Building More Than Houses

Four Southern Alberta master-planned communities. One builder with a vision for how neighbourhoods should actually feel.

Canada Is Building More Homes (But Fewer Of Them Are For People To Own)

A new report from Desjardins underscores that the nation-wide volley from condo to rental is not a risk-free trade-off.

Private 93-Acre Turnagain Island On BC's Sunshine Coast Sells For $13M

The sale of Turnagain Island is the highest-value residential property transaction ever recorded on the Sunshine Coast, according Sotheby's International Realty Canada.

MOD Developments Files Plans For 40-Storey Rental At Randolph Theatre

ONE Development listed the property for sale in 2024 after drawing up preliminary plans for a 49-storey tower.

40 Under 40 Finalists For 2026 Just Revealed

After a record number of nominations, 100 finalists were selected to send to judges.

Sunray Group Buys North York Office Complex To Transform Into "Toronto Fortune Centre"

Slate Office REIT owned 95 and 105 Moatfield Drive in North York, then sold the complex in 2022 to Visionary Holdings Inc., which ended up in receivership in 2024.

$2.7B Feds-City Deal To Bring 5,600 New Rental Homes To Toronto

Construction is slated to begin on more than 4,500 of those homes before the end of 2026.

Zillow Cuts Over 500 Jobs In Organizational Restructuring

The announcement doesn't specify which teams or roles are impacted.

Toronto Townhouse Project With 65 Unsold Units Placed Under Creditor Protection

At 1682 Victoria Park Avenue in North York, Solotex Group was planning a 147-unit townhouse project called Vic Towns. 65 units remain unsold.

EXPERT: Ontario Taxes Housing Like It's A Vice, Not A Necessity

Despite temporary HST rebates and lower development charges, according to RESCON, taxes and government-imposed charges account for roughly 36% of the purchase price of a new home in Ontario.

All rights reserved SiteMedia © 2026.

Real Estate News

The property has been classified under the REIT’s “income-producing” strategy — as opposed to the “redevelopment” strategy — though Crombie REIT is in the process of redeveloping multiple Safeways across Metro Vancouver.

​Allied Properties REIT (TSX: AP.UN) has set a disposition target of approximately $500 million, and is about halfway to that target through two quarters.

​The buyer group includes GO REIT, Blackstone Real Estate, Crestpoint Real Estate Investments, PSP Investments, and CRAL.

​Overall, there were reportedly 8,410 new home sales in Ontario in the second quarter of 2026, 4765 of which were incremental and attributable to the HST rebate program.

​Four Southern Alberta master-planned communities. One builder with a vision for how neighbourhoods should actually feel.

A new report from Desjardins underscores that the nation-wide volley from condo to rental is not a risk-free trade-off.

​The sale of Turnagain Island is the highest-value residential property transaction ever recorded on the Sunshine Coast, according Sotheby's International Realty Canada.

ONE Development listed the property for sale in 2024 after drawing up preliminary plans for a 49-storey tower.

​​After a record number of nominations, 100 finalists were selected to send to judges.

​Slate Office REIT owned 95 and 105 Moatfield Drive in North York, then sold the complex in 2022 to Visionary Holdings Inc., which ended up in receivership in 2024.

​Construction is slated to begin on more than 4,500 of those homes before the end of 2026.

The announcement doesn't specify which teams or roles are impacted.

​At 1682 Victoria Park Avenue in North York, Solotex Group was planning a 147-unit townhouse project called Vic Towns. 65 units remain unsold.

​Despite temporary HST rebates and lower development charges, according to RESCON, taxes and government-imposed charges account for roughly 36% of the purchase price of a new home in Ontario.

All rights reserved SiteMedia © 2026.

Allied Properties REIT (TSX: AP.UN) has set a disposition target of approximately $500 million, and is about halfway to that target through two quarters.

The buyer group includes GO REIT, Blackstone Real Estate, Crestpoint Real Estate Investments, PSP Investments, and CRAL.

Overall, there were reportedly 8,410 new home sales in Ontario in the second quarter of 2026, 4765 of which were incremental and attributable to the HST rebate program.

Four Southern Alberta master-planned communities. One builder with a vision for how neighbourhoods should actually feel.

The sale of Turnagain Island is the highest-value residential property transaction ever recorded on the Sunshine Coast, according Sotheby's International Realty Canada.

After a record number of nominations, 100 finalists were selected to send to judges.

Slate Office REIT owned 95 and 105 Moatfield Drive in North York, then sold the complex in 2022 to Visionary Holdings Inc., which ended up in receivership in 2024.

Construction is slated to begin on more than 4,500 of those homes before the end of 2026.

At 1682 Victoria Park Avenue in North York, Solotex Group was planning a 147-unit townhouse project called Vic Towns. 65 units remain unsold.

Despite temporary HST rebates and lower development charges, according to RESCON, taxes and government-imposed charges account for roughly 36% of the purchase price of a new home in Ontario.