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Real Estate News

TRENDING: Toronto And Doug Ford, Marilyn Monroe's Love Nest, Shopping Apps

November 23, 2018

03:34 AM

doug ford

Here’s everything you need to keep you in the know …


Toronto:

How Long Will It Take Before Doug Ford Goes After Toronto’s Waterfront?

When Toronto Mayor John Tory visited the site of a collapsed bridge in the east end last weekend, it was hard not to feel sorry for the poor man.

This Toronto Condo Listing Is Nice But The Outside Will Blow You Away

Another day, another beautiful Toronto condo listing we can’t afford.What’s different with this particular listing though, is that while the inside is nice, if you’re into modern design and top-drawer appliances, we would literally spend our entire time outside.

Inside The Eclectic Home of Misfit Studio Founder, Amber Joliat

Not just anybody gets asked by Goop—Gwyneth Paltrow’s lifestyle empire—to lead a workout class at one of their much sought-after conferences. But then again, Amber Joliat isn’t just anybody.

This Quirky Toronto Listing Is Going For Just Under $3 Million

Over the years we’ve seen some interesting properties here at Toronto Storeys.  From a seductive loft to a lavish boathouse, there’s no shortage of quirky Toronto listings. The latest is none other than 1 Bond Ave.

Toronto Road Closures To Steer Clear Of This Weekend

We made it through last weekend’s Toronto road closures and the hectic weekend that was the Santa Claus Parade. Luckily, this weekend is looking a little lighter so, traffic should be moving a little better for your weekend travels.

Canada:

6 Canadian Cities Make Best Cities In The World For Finding A Job List

Calgary, Vancouver, Ottawa, Toronto, Quebec City and Montreal are some of the best cities in the world for finding a job.

Canada Post Expects Delays Will Last Until At Least January 2019

If you were relying on Canada Post to deliver your holiday gifts this year, we have some bad news.

This Common Mistake Could Mean More Mortgage Payments

For those with a variable mortgage, ever-increasing interest rates might make you feel like you’re caught in a game of chicken.

Are Bankruptcy Rates In Canada Rising?

Just days after the Bank of Canada said they’ve seen a decline in “deeply indebted borrowers,” the Canadian Association of Insolvency and Restructuring Professionals (CAIRP) says within the next year, there will be a rise in household bankruptcy rates in Canada.

U.S.A:

The Best Black Friday And Cyber Monday Deals For Your Home

The infamous day of shopping officially falls on Nov. 23 and is followed by Cyber Monday on Nov. 26. But some retailers keep the deals going days and sometimes weeks before and after the two days.

Storied Love Nest of Marilyn Monroe and Joe DiMaggio Is Listed for $2.7M (Realtor.com)

You won't find this gorgeous Spanish Revival home in Los Angeles on many lists of Marilyn Monroe's known residences.

Here's Exactly How Much House You Can Afford On Your Salary (CNBC News)

How much house can you afford based on your salary? Real estate expert and Shark Tank host, Barbara Corcoran, has a rule of thumb

International:

New Report Details Four Ways TTC Lags Behind Other Major Cities

Ask most Toronto commuters about the TTC and you’ll probably be met with a groan or a pair of rolled eyes. But despite being poorly funded, haphazardly governed, and too expensive, more passengers ride Toronto transit than any other major North American city according to a report, called Mixed Signals.

5 Awesome Shopping Apps That Will Save You Money Over The Holidays

We all have that friend who always seems to get the best deals while shopping. You know the one.

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Breaking Charts

Canada’s Housing Market Is Trapped In A Dangerous Triangle

​This is more than an economic challenge — it is a test of Canada’s ability to build a housing system that serves the aspirations of its people, writes real estate thought leader Daniel Foch.

Development Projects

5-Tower Condo Complex Proposed Next To Scarborough Town Centre

If approved, the proposed development would replace three single-storey commercial and industrial buildings with eight-, 37-, 37-, 39-, and 42-storey towers.

Meet The Agent

Meet The Agent: Rochelle Cantor, Engel & Völkers Montréal

It's time to say "Hello" to Rochelle Cantor, Engel & Völkers Montréal, who focusses on the Montreal Area.

Policy

Toronto City Council Waives Development Charges On Sixplexes

The decision follows last month's vote to allow sixplexes as of right in just nine wards, instead of legalizing them city-wide as agreed to in the City's Housing Accelerator Fund agreement. As a result, millions in annual funding remain on the line.

Policy

BC Extended The REDMA Presale Period To 18 Months. Will It Make A Difference?

Earlier this year, the BCFSA extended the REDMA early marketing period from 12 to 18 months for large projects, giving developers more time to hit their presale targets.

Listed Country

Striking Alberta Home Brings Modern Opulence To The Alpines

In the rugged heart of Alberta’s Bow Valley, where wilderness meets refined living, 118 Cairns Landing stands as a rare expression of mountain luxury.

Development Projects

Mizrahi To Renegotiate Presale Contracts For Ottawa Project In Restructuring

The 12-storey luxury condo development coming up in Westboro was started back in 2015 and is now in the final stages of construction.

Construction

Governments Are Turning The Corner On Development Fees. Will It Make A Difference?

Various governments across BC and Ontario have shown a strong willingness to tweak their policies around development charges over the past year as developers struggle to move forward with projects.

Retail

Cadillac Fairview "Resolutely Opposed" To Selling HBC Leases To Central Walk

Ruby Liu and her company, Central Walk, have an agreement to take over 25 of Hudson's Bay leases, but is struggling to get approval from the landlords.

Real Estate News

“Prolonged Downturn”: GTA New Home Sales Down 80% From Historical Norm

​June's weak numbers, with just over 500 new homes sold, come amid what BILD has called "the worst downturn of new home sales in the region on record."

Listed Country

This $4.2M Storybook Estate In Erin Is Built For Entertaining

With a heated four-car garage, workshop space, and impeccable finishes throughout, this countryside estate offers scale, serenity, and substance, all in equal measure.

Opinion

Ontario Can’t Compete Without More Homes, York Region Must Cut Development Charges Now

John DiMichele, Toronto Regional Real Estate Board CEO, writes that the path to a stronger Ontario starts with building more homes for workers, families, and individuals — which we won't be able to do with government fees standing in the way.

Development Projects

56-Storey Tower Proposed By Minto In Partnership With SickKids

The development would retain the Sick Kids Centre for Community Mental Health while delivering 579 new housing units to the Church-Wellesley neighbourhood.

Economy

Scotiabank, RBC Only Big Banks Not Calling For More Interest Rate Cuts This Year

Canada’s ‘Big Five’ banks are updating their forecast tables ahead of next week’s interest rate announcement, and economists appear to be split on what the rest of the year will bring.

Development Projects

4-Tower Proposal Pushes For New Heights On O'Connor Drive

The development would reach 29 storeys at its tallest point, and deliver a daycare, a new public park, retail space, and 915 rental apartment units to the East York neighbourhood of Toronto.