COVID-19: UrbanToronto Updates from the Industry for February 26, 2021 | UrbanToronto

The global COVID-19 pandemic is having far-reaching effects in Toronto, including major impacts on what have been booming real estate and building industries. Many jobs and most events are currently suspended, postponed, or affected in other ways, though UrbanToronto is still operating at full strength with our team working remotely. As a means to keep the public in the loop…

Renderings and Virtual Tours Becoming Critical Sales Tools in Pandemic Era | UrbanToronto

The last year has shaken up the way we live our lives, the pandemic changing how we approach nearly everything, from how we shop for groceries all the way up to life-shaping purchases like a new home. Gone are the days of glitzy, in-person sales launches in crowded presentation centres, now replaced by virtual reality tours that bring new developments to…

Plaza Condo Proposal at 20 Maitland Morphs With the Market | UrbanToronto

Revisions have been made to a proposed development located a 20 through 26 Maitland Street, first submitted to the City of Toronto in October of 2019. Located just south of Wellesley Subway Station, the proposal for a 144.9 m tall tower is seeking an Official Plan Amendment, rezoning, and Site Plan Approval. The BDP Quadrangle-designed proposal from developer Plaza would see a mixed-use…

Authorities Acknowledge Housing ‘Overheating’ + Return Of The Flippers

In Toronto: Bubble signs abound in the city as the CMHC acknowledges a soaring housing market and the return of flippers.Elsewhere:  The Bank of Canada issues their own housing warning, where are all the houses in the United States, and New Zealand’s virus success unleashes a runaway housing market.  Toronto CMHC reverses course and predicts a soaring Toronto housing market…

Crane Removal Marks Latest Milestone at 75 on The Esplanade | UrbanToronto

Harhay Developments and Carttera Private Equities’ new 75 on The Esplanade development has been speeding past construction milestones on the southwest corner of Church Street and The Esplanade in Toronto’s St Lawrence Market area. The 29-storey, architectsAlliance-designed project surpassed yet another important point in construction this past weekend, when the tower crane used to construct the building was removed from the now-complete superstructure. Looking northwest to 75 on The Esplanade,…

News Roundup for February 26, 2021 | UrbanToronto

CMHC reverses course and predicts a soaring Toronto housing market through to the end of the year; Advocates warn of potential crisis as Toronto’s shelter system faces rising COVID-19 cases; Toronto taxi drivers say more support needed as city offers relief to beleaguered industry; and more news: Advocates warn of potential crisis as Toronto’s shelter system faces rising COVID-19 cases (Globe…

More MLS Musings! – Toronto Realty Blog

Today, I want to talk about this thing called “MARKETING.” When used effectively, it can assist in the sale of a product or service, and in some cases, increase the saleability and/or value of that product or service. If you browse MLS, you’re bound to find examples of this novel concept. Today’s real estate agents have taken marketing to a…

New Strip of Density for the Entertainment District | UrbanToronto

Today’s Daily Photo takes us up the Bisha Hotel and Residence on Blue Jays Way south of King Street in Downtown Toronto. This east-facing view captured by Forum contributor urb@ndweller looks over a changing Mercer Street. Towards the east end of Mercer Street, construction is active for the new two-tower Nobu Residences Toronto complex. At the west end of Mercer Street…

Redevelopment of 700 University Impresses at Design Review Panel | UrbanToronto

A unique proposal in the heart of downtown made a good impression at its first appearance in front of Toronto’s Design Review Panel in January, 2021. KingSett Capital is proposing a major redevelopment of their property at 700 University, home to the Ontario Power Building, the 1976-built structure on the corner of College and University known for its monolithic curved glass facade….

Greenland Group Submits Lakeside Residences Phase 2 Proposal to City | UrbanToronto

A new proposal in Toronto’s growing East Bayfront area attempts to balance new housing with a generous open space plan on the site, as Greenland Group have submitted Zoning By-law Amendment and Official Plan Amendment applications for Phase 2 of their comprehensive redevelopment of 215 Lake Shore Boulevard East. Looking northwest towards Lakeside Residences Phase 2, designed by Hariri Pontarini Architects for Greenland…