Renting

CreateTO Flexes 15 Sites To Be Rolled Out Under New ‘Toronto Builds’ Framework
Affordable Housing

CreateTO Flexes 15 Sites To Be Rolled Out Under New ‘Toronto Builds’ Framework

The City of Toronto has expressed a desire to create a new entity known as Canada-Ontario-Toronto Builds (COT Builds), which takes a cue from the widely applauded BC Builds.

Breaking Charts

CMHC Is Quietly Becoming A Rental Housing Powerhouse

​There’s no doubt we need more rental housing and that CMHC’s tools have become better at delivering it — but in solving one crisis, are we sleepwalking into another?

Development Projects

Hollyburn Joins Isabella High-Rise Boom With 69-Storey Skyscraper

The proposed development would replace a 10-storey rental apartment on the downtown Toronto site, and calls for 84 replacement rentals, in addition to 730 new units.

Renting

Low Immigration, High Supply Pull Rents Down For Ninth Straight Month

Driving the decline is a combination of low immigration and over supply leading to higher vacancy rates and longer vacancy terms, under which landlords are beginning to cave.

Development Projects

Akelius Eyes 69 Storeys For Isabella Street With Heritage Integration

A total of 647 units are planned for the site in Church-Wellesley Village, including a 50% share of larger family-sized units.

Renting

One-Third Of Canadian Renters Say They Don't Have Plans To Buy A Home

Despite improving affordability, it's still a mixed bag when it comes to renters' sentiments regarding homeownership.

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.