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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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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.

Policy

Vaughan "Dramatically" Drops Development Charge Rates

In particular, the development charge rate for low-rise residential has been brought down by over $44,000, the City of Vaughan said.

Development Projects

Ambitious 75-Acre Downsview West District To Deliver 8,800 New Homes

The massive project would include 20% affordable units, "enabling one of the largest yields of new affordable homes in a single development application," as well as one school, three daycares, 9.4 acres of parks, and much, much more.

Development Projects

New Student Competition Offering $100K To Design 624-Acre Greenbelt Property

Canadian real estate company Longridge Partners is turning to the next generation for insight as it offers up $100,000 in prize money for students who put together the winning plans for its 624-acre greenbelt property.

Industry

Troubled Central Park Ajax Project Finds Buyer After 3 Years Under Receivership

​The project, located at 134-226 Harwood Avenue South in Ajax, was being undertaken by LeMine Investment Group when it was placed under receivership in April 2021.

Industry

Thind Facing Two More Receiverships, Owes $220M To KingSett

​The receivership application was filed by KingSett Capital against Thind's Highline and Minoru Square projects.

Construction

Ontario Homebuilding Lagged Behind Other Provinces For The Last 6 Years, Study Finds

Ontario has consistently ranked in the bottom half of provinces in terms of homebuilding per capita over the last six years — the data for 2024 being an indicator that things are only getting worse.

Industry

Construction On The One Threatened By Potential Lawsuit Against Receiver

The potential lawsuit is coming from Mappro Realty, the owner of an adjacent property, over the staging area being used for construction of The One.

Industry

Thind's District Northwest In Surrey Placed Under Receivership With $85M Debt

​The District Northwest project by Thind Properties is set for 13438 105A Avenue in Surrey and consists of two high-rise towers.

Real Estate News

Housing Starts Rise 8% In October, Still Not On Track To Restore Affordability

According to CMHC, housing starts across Canada shifted up from 223,391 units in September to 240,761 units this October, though the six-month trend remains "flat."

Industry

Chacon Developments Facing 4 Receiverships, Power Of Sales In Ontario

Chacon Developments is currently facing two receiverships and two of its other properties have been made available via power of sale.

Listed Luxe

Stunning Bridle Path Mansion Serves Warm And Welcoming Luxury

Nestled amongst lush foliage, 32 Arjay Crescent, with its grand exterior and sophisticated interior designs, offers one of the most stunning homes in the neighbourhood.

Development Projects

Mattamy Homes Introduces Farmhouse-Inspired Master-Plan Living To Sherwood Park

For those looking to lay down roots in Sherwood Park, a true best-of-both-worlds destination, now may be just the right time — as the community welcomes Hearthstone.

Development Projects

Pinnacle Bumps Up Tower Heights For First Phase Of Lake Shore Master Plan

Revised development plans from Pinnacle International ask for increased heights across the board, bringing the proposed storey-count up to 54, 44, and 15 storeys.