Renting

Fitzrovia Seeks More Height For Final Phase Of Milestone Purpose-Built Rental Development
Development Projects

Fitzrovia Seeks More Height For Final Phase Of Milestone Purpose-Built Rental Development

More than a year after breaking ground on the first phase of their master-planned rental development in Danforth Village, Fitzrovia has submitted revised plans for its final phase, which would bring the proposed storey count from 17 up to 56.

Development Projects

39-Storey Purpose-Built Rental Proposed For Flemingdon Park

Gateway Properties is proposing the infill development of a 39-storey purpose-built rental, and the retention of an existing 28-storey apartment building in-situ.

Renting

“A Steepening Decline”: Average Canadian Rent Sinks To 17-Month Low

Average asking rent was $2,109 in December, putting it 3.2% below the year-ago level. Nonetheless, the average has climbed 16.8% over the past five years.

Development Projects

Skyline-Changing Front Street Proposal Revised With Heights Up To 71 Storeys

First proposed in 2019 with a price tag of $3.5B, the massive four-building development from Oxford Properties has grown by a total of 29 storeys.

Development Projects

46-Storey Purpose-Built Rental Proposed Near Finch Station

If approved, development from Trolleybus would deliver over 400 rental units to North York's Newtonbrook West neighbourhood.

Development Projects

GWLRA Pivots False Creek Flats Office Project To Twin 28-Storey Rentals

​The proposal by GWL Realty Advisors is set for 1220 Station Street in Vancouver, where they were previously planning an office project called False Creek Station.

Policy

5 Ontario Housing Laws And Regulations Taking Effect In 2025

From streamlining the Ontario Building Code to new short-term rental by-laws in Toronto, here are the biggest changes to housing legislation that will come into effect in 2025.

Renting

Toronto’s Newest Short-Term Rental Bylaws Come Into Effect January 1

A new phase of updates — including a registration and renewal fee increase — will be implemented on Wednesday.

Industry

STOREYS' Trend Of The Year: The Pivot To Purpose-Built Rentals

Over the last twelve months, many industry professionals have shifted their focus from the embattled condo market to creating more purpose-built rentals.

Renting

Canadian Rents Decline To 15-Month Low In November

Though rents remain well above historic levels, they are on the decline, with November posting a 1.6% drop in prices compared to last year.

Development Projects

Fitzrovia Proposes Luxurious 631-Unit Rental Development For St. Clair West

A 49-storey, 631-unit mixed-use development from Fitzrovia was recently proposed for St Clair Avenue and Avenue Road and it's chock-full of interesting features and amenities.

Construction

Purpose-Built Rental Starts “Nearly Quadrupled” In A Decade (And More Are On The Way)

Rental construction is having a “renaissance” in Canada, and we’re seeing that realized in starts, completions, and the uptake of multi-unit insurance products from CMHC.

Industry

“A Paradigm Shift”: In A Unique Real Estate Market, This Firm Is Ahead Of The Curve

Elysium Investments deviates from the hyper-competitive, “dog-eat-dog” nature of new development in favour of a strategy called “collective serendipity,” where sellers are treated like joint-venture partners.