Real Estate News

homes, townhomes, townhouses
Cities

Toronto To Allow Townhouses And Small Apartments On 'Major Streets'

Toronto City Council voted to permit more townhouses and six-storey residential buildings on major streets.

Industry

Pace Developments Debt On Urban North Townhomes Exceeds $250M, Project To Be Sold

The receivership was initiated by KingSett, who was owed $47M, but the receiver has since revealed debt to other secured and unsecured creditors.

Industry

2024 Expected To See Fewest GTA New Condo Sales In Two Decades

The latest Bullpen Research’s GTA High-Rise Land Insights Report for Q1 2024 highlights the challenges facing the region’s condo developers as they face some of the lowest sales this century.

Real Estate News

Worksheets Vs. Reservations: Which Option Is Best For The Pre-Construction Game?

Naturally, the discerning urban buyer has specific preferences from the get-go — whether they have to do with views, square footage, or accessibility. This is where worksheets and reservations come into play.

Development Projects

Reliance Properties Proposing 21-Storey Rental Tower For Broadway Parking Lot

​The subject site of Reliance Properties' proposal is 1540 W 10th Avenue, a block away from the W Broadway and Granville Street intersection.

Development Projects

Court Orders Sale Of 27-Unit Townhome Site In Ajax Under Receivership

A sales brochure from CBRE describes the site as “a unique 1.8-acre infill development opportunity” with zoning approvals in place to permit 27 townhomes, as well as a 9,410-sq.-ft. commercial building.

Development Projects

Class Action Suit Filed Against UBC Over 43-Storey Kelowna Campus Construction

​The plaintiffs of the class-action suit claim that construction of the UBCO Downtown campus has caused structural damage to nearby buildings.

Policy

‘Enhanced’ MZO For Ontario Place Redevelopment Is Ford Government’s Latest Trick

On Friday afternoon – conveniently, right before the first long weekend of the Ontario cottage season – the Ford government announced that they had issued an enhanced MZO (eMZO) to ramp up their Ontario Place development plans.

Industry

This Canadian Software Service Is Modernizing The Home-Hunting Experience

After years of frustration about the real estate industry's lagging behind in the tech sphere, Planpoint co-founder Laurent Cardinal decided to take matters into his own hands.

Industry

"Defiant" Owner Of 55 Dundas Forces BMO To Settle Receivership For $8M

​The company that owns 55 Dundas, 11603531 Canada Inc., was placed under receivership in November at the request of BMO.

Development Projects

Signs Of Life? Rezoning Approved For Decades-Vacant Site On Clark Drive

At the southeast corner of 12th and Clark, a developer has figured out a way to build on a lot that’s been vacant for at least 30 years – long enough that many people can’t remember what once stood there.