Renting

Canadian Rents Up 12% Since 2022, Despite Annual Dip
Renting

Canadian Rents Up 12% Since 2022, Despite Annual Dip

Average asking rent in Canada has grown by 4% annually over the last five years, while average annual wage growth has only been around 3%, indicating worsened affordability.

Renting

Incentive City: How Toronto Landlords Are Filling Units Amid Low Demand

The use of incentives to fill rental units doubled year over year last quarter due to weakening demand, prompting landlords to get creative with the perks they offer.

Development Projects

16-Storey Rental Planned For Victoria Park Ave, Near Future Stop Of Eglinton LRT

​A total of 126 units are proposed, and although there aren’t any three-bedroom units in the plans, the current unit breakdown allows for over 50% of larger, family-sized units.

Real Estate News

Toronto City Council Approves 7 High-Rise Proposals From Choice, Diamante, And More

The lion’s share of development applications before Council this month got the green light, which is perhaps a testament to the intensified emphasis on homebuilding in Toronto.​

Policy

Can The Rebirth Of A '70s-Era Government Incentive Really Help The Housing Crisis?

The '70s are back in fashion, and with them is the possible reintroduction of the Multiple Unit Rental Building (MURB) program, as the Liberals advocate to bring it back.

Development Projects

Crombie, Northam Looking To Replace Scarborough Beer Store With 36-Storey Rental

Crombie REIT entered into a co-ownership agreement in 2018 that resulted in 50% interest in 3130 Danforth Avenue being sold to a subsidiary of Northam Realty Advisors.

Renting

Number Of GTHA Rentals Offering Incentives Doubles In Q1

Of the buildings offering incentives, 39% offered free rent for one month, while 23% offered free rent for two months.

Renting

National Average Rent Sees 6th Straight Annual Decline In March

While national average rent fell 2.8% year over year last month, rents increased on a month-over-month basis for the first time since September 2024.

Policy

The Federal Election Housing Ballot: Liberals Vs. Conservatives

In less than a month, Canadians will elect a new prime minister. Here's how the two most viable candidates for the job plan to tackle one of the nation's most pressing issues: the housing crisis.

Development Projects

‘Elegant’ 56-Storey Rental Proposed Minutes From Eglinton Station

The proposed development would feature design by Arcadis and replace a four-storey co-ownership building at 148 Soudan Avenue.

Development Projects

Kilmer-Tricon File Plans For 16, 43 Storeys For Site Of Toronto Coach Terminal

In addition to Kilmer Group and Tricon Residential, the project has drawn in Studio Gang, architects-Alliance, CCxA, and Smoke Architecture.

Renting

Over Half Of Purpose-Built Rental Sites In GTHA Have Infill Potential

“The potential infill sites could accommodate an estimated 182,023 units, which was 4.5 times as many units as currently proposed at existing rental sites when including both purpose-built rentals and condos.”