Real Estate News

Crestpoint Buys 145 Wellington For $50.8M, Site Slated For H&R REIT Tower
Real Estate News

Crestpoint Buys 145 Wellington For $50.8M, Site Slated For H&R REIT Tower

H&R REIT announced the sale of 145 Wellington Street West in November as part of $1.5 billion in dispositions, but did not disclose individual sale prices.

Toronto

If The Future Of Toronto Depends On Density, Why Do We Punish Those Who Embrace It?

​"This is not about architectural indulgence. It is about aligning policy incentives with outcomes the city already claims to want: stable communities with affordable quality housing that supports residents through multiple life stages."

Development Projects

OLT Advances Condo Atop 120-Year-Old Queen West Post Office

Two refusals, three revisions, and an Ontario Land Tribunal hearing later, the project finally has the approvals it sought back in November 2023.

Homes

GTA New Home Sales Start 2026 At Record Lows: BILD

BILD warns that without improved market certainty and stronger consumer confidence, the slowdown could have broader economic consequences.

Development Projects

Onni Group Advances New Surrey City Centre Master Plan Project With 2,700+ Units

​The proposal would see Onni Group redevelop the Regency Gardens apartment complex near Whalley Athletic Park into five mid-rise buildings and seven high-rise buildings.

Development Projects

LJM Hamilton Tower Placed Under Creditor Protection Amid Company's Liquidity Crisis

​LJM Developments completed the LJM Tower at 2782 Barton St E last year, but many buyers did not close on their presales. LJM has also defaulted on several other loans.

Retail

For Shopping Malls, Is Yorkdale’s “Snobbery” Simply A Sign Of The Times?

In a court ruling on February 9, Justice Jessica Kimmel blocked Fairweather-owned brand Les Ailes de la Mode from moving into Yorkdale’s former Hudson’s Bay Company real estate. And from a brand perspective, the decision tracks.

Real Estate News

BC Raises Taxes, Adjusts Housing Investments, And Partners With Build Canada Homes

​The partnership between the federal and provincial governments will see Build Canada Homes contribute $170 million, and BC Housing contribute $640 million.

Sold

Hyde Park Homes Purchases Berkeley Church, Cites Plans To Reopen Fall 2026

​The venue’s parent company was placed under receivership in 2023, with almost $10.5 million owing to TD.

Real Estate News

CREA: Winter Storms Suppress January Home Sales

“The monthly decline in national home sales was driven primarily by less activity in the Greater Golden Horseshoe and Southwestern Ontario, suggesting that the story was probably more about a historic winter storm than a downshift in demand,” said Shaun Cathcart, CREA’s Senior Economist.

Real Estate News

New (Free) Guide Shows Toronto Homeowners How To Tap Into ‘Missing Middle’

​The guide is designed for those without a formal background in real estate development, but with an interest in densifying their own home or investment property.

Office

CIBC SQUARE’s Second Bay-And-Front Tower Reaches Full Lease-Up

​Once occupied, 141 Bay Street will be home to organizations spanning institutional investment, banking and financial services, legal and professional services, and natural resources and mining.

Development Projects

Peterson Ups Burnaby Blake Village Project To 5,250 Units As Site Prep Begins

​Peterson is revising the plan for 6800 Lougheed Highway after Burnaby introduced a new OCP and height-based development framework.