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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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Multifamily

CAPREIT Sells International Plaza In North Van To Squamish Nation For $54.2M

The International Plaza Apartments in North Vancouver sit on reserve land and the transaction brings the property back under Squamish Nation ownership.

Development Projects

Beedie Submits New Design For Controversial Keefer Street Project In Chinatown

Ten years in the making, the 105 Keefer development has faced pushback, politics, and the courts. Beedie is trying again — with a new architect and design.

Industry

How Real Estate Podcasts Are Meeting Canadians' Demand For Answers

"The industry is infamous for tiptoeing around stuff... but people are really craving genuine discussions about what's happening."​

Industry

Exclusive: Keltic Development CEO Explains How Nexus Landed In Receivership

CEO Rachel Lei says Masimo’s withdrawal and loan amendments from SHAPE Capital left Keltic struggling to keep Nexus on track.

Construction

Latest CMHC Report Confirms What We Already Know — Toronto Is In Crisis

The federal housing agency says that Toronto is in for its lowest level of housing starts in 30 years.

Development Projects

Sightline Properties Planning 4 Towers Up To 45 Storeys Near Renfrew Station

​Sightline Properties acquired the 26-lot land assembly just north of Renfrew Station in East Vancouver for a little over $100 million.

Listed Commercial

Receiver Seeks Sale Of Midtown Toronto Site Approved For 32-Storey Flatiron

​The parcels at 3742, 3748, and 3750 Bathurst Street were placed under receivership in June with lenders alleging indebtedness of over $28 million.

Sold

Foreclosed Vancouver Mansion Of Thind Properties CEO Sold For $13.6M

​Thind Properties has been facing a series of insolvencies on its projects and lenders have also gone after Founder Daljit Thind's personal assets, including his home at 3138 W 51st Avenue.

Under Construction

Residential Construction In Ontario Faces Its Darkest Hour

The housing crisis won’t be solved by tinkering at the margins. It requires decisive, coordinated action now.

Development Projects

Parallax Proposes 19-Storey Student Residence Near University Of Toronto

The proposed residence would deliver nearly 750 new student residences to Toronto's Kensington-Chinatown neighbourhood.

Opinion

Op-Ed: The Bank Of Canada's Subtle Housing Warning

The message for Canadians is that rate policy will respond to economic fundamentals through a lens that explicitly considers housing inflation risks, writes Toronto-based real estate agent Cameron Levitt.

People

Darren Tangen Named President As Westbank Looks To Broaden Horizons

Darren Tangen joins Westbank from Oaktree Capital Management in California, where Westbank has many active projects.

Development Projects

DiamondCorp, BV Realty Propose 48 Storeys Neighbouring Future LRT Stop

The condo tower is designed by Arcadis and would provide over 500 new residential units to Forest Hill North.