The Latest information in Pre-Construction Condos
37-storey tower duo pitched for The Queensway and Kipling Avenue
A large commercial lot near a major Etobicoke intersection could be the future site of a high-rise residential complex.
Last week, a rezoning application was submitted to city planners to develop a set of mixed-use towers containing 1,210…
Builders post best month for home construction in over 2 years
The Canadian home building rebound only gained momentum in July with housing starts rising to an annualized rate of 245,600 units, the highest level recorded in two-and-a-half years.
This result, released today, exceeded expert predictions…
Mortgage rates hit new lows
Canadian mortgage rates are in a virtual free fall, dropping to record-setting lows with discount brokers now offering one- to five-year variable rates in the 1.64 to 1.68% range.
But the nearly free money arrives as Canadian mortgage debt…
Toronto one-bedroom condo rent falls 5% to $2,083
Average rent prices for both one-bedroom and two-bedroom condos fell during the second quarter of 2020 as rental listings increased and demand fell.
According to new data published last week by the Toronto Regional Real Estate Board (TRREB),…
Basement Flooding Protection Subsidy Program
During heavy rain, the sewers can become overloaded. It is essential that homeowners take appropriate action to reduce the risk of basement flooding.
The City offers owners of single-family, duplex and triplex residential homes a subsidy…
Toronto condo prices still increasing even as sales fall 50 percent
Only 3,459 condos sold across the Toronto region in the second quarter of 2020, a 50 percent decline from the same three-month period a year prior.
Despite this historic decline in sales activity, the condo resale market still managed a 5.1…
Toronto’s new single-family home market recovering faster than condos
New single-family homes sold by developers across the Toronto region in June beat new condo units sold during the same period by a wide margin.
Last month’s data, published today by the Building Industry and Land Development Association…
Will Bill 197 make condos more expensive for Ontario home buyers?
Ontarians may still be wary of going back to the office, but the provincial legislature has had a very busy July. After passing the controversial Bill 184 on July 6, and the far less contentious Bill 159 eight days later, the Ontario government…
New Home Sales in GTA Heat up Again in June: BILD
Following two months of “historically slow” sales as a direct result of the COVID-19 pandemic, new home sales are starting to surge again in the Greater Toronto Area (GTA).
In fact, during the month of June, sales of new single-family…
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