Real Estate News

Award-Winning Flemingdon Park Office-Turned-Rental Makes A Case For Conversions
Renting

Award-Winning Flemingdon Park Office-Turned-Rental Makes A Case For Conversions

While office-to-residential conversions haven’t taken off the way it once seemed they would, e-lofts serves as a rare example that, when physical design and financial logistics align, commercial spaces can be given new life.

Featured

STOREYS Partners With Colliers To Launch Top 75 Real Estate Projects Report And Program

Powered by SiteMedia and its seven publications, the inaugural Top 75 Real Estate Projects report is set to become an annual fixture on the Canadian real estate and development calendar.

Real Estate News

Only 18% Of Young Canadians Fully Confident About Homebuying Finances: Survey

The survey also found 40% of Canadians dipped into long-term savings over the past year, some to cover rent or mortgage payments.

Economy

Bank Of Canada Raises Policy Rate To 2.5% In First Hike Since 2023

On Wednesday, the Bank of Canada increased its target for the overnight rate by 25 basis points to 2.5% — marking the first hike since July of 2023 — and said further increases may be needed.

Renting

Millennium Ups Proposed Kitsilano Rental Tower To 26 Storeys, Adding Hotel

Millennium Development initially proposed a 20-storey rental tower for 2158-2170 W 1st Avenue in 2024, and is now proposing a 26-storey rental tower with a hotel.

Real Estate News

Sutton Group Announces Strategic Partnership With Ace Project Marketing

The partnership combines Sutton Group’s national network with Ace’s development services and project marketing expertise.

Real Estate News

District Energy Wants The Mechanical Room (And To Give Your Rooftop Back)

Every tower gives up space to the equipment that heats it. And with projects struggling to pencil, district energy is giving developers a way to take it back.

Development Projects

Markham's Nearly-Complete EverHome Condo Project Placed Under Receivership

The EverHome condo project, at 9704 McCowan Road in Markham, was being developed by The Sher Corporation and has pre-sold over 100 units.

Real Estate News

GTA High-Rise Sales Sink To A September Record Low

Meanwhile, six months into the HST rebate program, new low-rise sales keep beating the 10-year average.

Real Estate News

Canada’s Approved-But-Unstarted Homes Climb As Starts Slide

CMHC’s deputy chief economist says a key risk in a softening market is that Canada doesn’t build enough.

Real Estate News

Ahead Of BC Election, UDI, Housing Central Push For Four Actions

The four housing-focused groups have come together as “unlikely allies” ahead of BC’s snap election on Saturday, October 24.

Development Projects

Terra Bona’s Two-Tower Development Site In Markham Sold Under Receivership

The 0.95-acre development site, located at 7115 Yonge Street and 8-14 Grandview Avenue in Markham, has been approved for two towers with 873 total units.

Affordable Housing

New Barrie Condo Blends Several Strategies To Create Affordability

“Own a condo for less than rent” promises Sean Homes’s 405 Essa project, slated for the west side of Essa Road just north of the Ferndale and Veterans Drive intersection in south Barrie.