Construction
Development Projects
Historic Industrial Building Redevelopment Proposed Near Bloor GO
The 27-, 24-, and 21-storey residential development from First Capital and Firm Capital would deliver 919 new dwelling units within steps of Bloor GO.
Nov 25, 2024
Development Projects
Kilmer, Tricon To Partner On Toronto Coach Terminal Revamp
Kilmer Group and Tricon Residential (Kilmer-Tricon) have been announced by the City and CreateTO as the preferred proponents for the redevelopment of the terminal into a mixed-income, mixed-use development.
Policy
Vaughan "Dramatically" Drops Development Charge Rates
In particular, the development charge rate for low-rise residential has been brought down by over $44,000, the City of Vaughan said.
Development Projects
Ambitious 75-Acre Downsview West District To Deliver 8,800 New Homes
The massive project would include 20% affordable units, "enabling one of the largest yields of new affordable homes in a single development application," as well as one school, three daycares, 9.4 acres of parks, and much, much more.
For Homebuyers Seeking Convenience And Calm, Innisfil Has It All
Innisfil's picturesque shorelines, fresh air, and nature trails provide a serene escape from the bustling city.
Construction
Ontario Homebuilding Lagged Behind Other Provinces For The Last 6 Years, Study Finds
Ontario has consistently ranked in the bottom half of provinces in terms of homebuilding per capita over the last six years — the data for 2024 being an indicator that things are only getting worse.
Real Estate News
Housing Starts Rise 8% In October, Still Not On Track To Restore Affordability
According to CMHC, housing starts across Canada shifted up from 223,391 units in September to 240,761 units this October, though the six-month trend remains "flat."
Development Projects
Ajax Townhome Development Proposal Receives Approvals In Just 5 Weeks
"I just cant believe it, and a lot of my colleagues cant believe it either. We’ll be closing in 2026. If we hadn’t secured this approval, it would have been 2028," says Craig Marshall, Founder and President of Marshall Homes.
Construction
Inside The Metro Vancouver DCCs And The Potential Housing Price Increases
Housing prices, whether it be sale prices or rents, could increase anywhere from 1% to 3% with the new Metro Vancouver DCC rates — if they get built at all.
Policy
Recent Immigration Cuts Could Lower Rents, Shrink Housing Supply Gap
Assistant Chief Economist at RBC Robert Hogue is calling the revised immigration targets "one of the more consequential policy reversals in recent memory."
Real Estate News
"A 'Cost To Build' Crisis": GTA New Home Sales Down 70% Over Last September
"With land, labour, and material prices being what they are, it is very difficult to build a new home at a cost that the market will readily absorb – and this issue is manifesting itself in the form of low sales," says Justin Sherwood, BILD's SVP of Communications & Stakeholder Relations.
Office
JLL Calls For 'Full Repeal' Of Office Replacement Bylaw Ahead Of City Deliberations
Ahead of final policy recommendations regarding the Office Replacement Bylaw to be considered by Planning and Housing in Q4, JLL has released a study calling for a "full and unconditional repeal of the Office Replacement Bylaw to unleash supply."
Development Projects
This Futuristic Development Could Bring 1,782 New Units To Front Street
A shiny new development proposed by H&R REIT could one day transform Toronto's downtown skyline with its contemporary, golden exterior and striking heights.
Construction
Metro Vancouver Housing Deficit Grows To Over 45,000 Homes
While the pace of homebuilding has increased, it has not been able to keep up with the pace of population growth.
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