Surging demand for purpose-built rental units is being felt across Toronto and few areas are witnessing as much demand and growth in the rental market as Midtown Toronto, where modern developments are adding new housing stock to an area traditionally defined by 20th-century apartment towers. Now over one year into construction at the site of one such rental tower at 71 Redpath Avenue…
While lockdowns have lowered infection rates and saved lives, it has negatively impacted our economic momentum and will ultimately add to the time needed for our society to recover financially. The consensus predicted that our economy would shed 40,000 jobs last month, largely as a result of lockdown measures reintroduced in Ontario and Quebec. Instead, we lost 213,000. That’s on…
Realosophy’s John Pasalis talks to Yahoo Finance on the record highs in real estate and why work from home, low inventory, bidding wars, and the Bank of Canada raises housing prices in the Toronto area. Canada’s real estate markets broke records in 2020, as people stuck at home during the pandemic looked for more space outside of city cores. Realosophy…
About 40 months into construction activity at the Toronto waterfront site, Menkes Developments’ revitalization of the LCBO lands shows new results every time we check in. Work on the mixed-use complex, dubbed Sugar Wharf in a nod to the Redpath sugar refinery across Queens Quay, started at the site’s southeast corner at the end of 2017 with an office tower at 100 Queens Quay East. By mid-2018,…
It was the fall of 1991, and I’m not estimating; I remember it vividly. Color Me Badd was crushing it with “I Wanna Sex You Up,” and you just couldn’t possibly get enough of C & C Music Factory. I mean, it’s now 2021, I’m 40-years-old, and I still can’t get enough of C & C Music Factory, so imagine what it was…
Today’s Daily Photo features a view of Downtown Toronto captured from a high-rise in the St James Town area. This southwest-facing shot from Forum contributor Rascacielo shows glass towers illuminated at sunrise, including the recently-topped-out TeaHouse 501 Yonge condominium development. Toronto at sunrise, image by Forum contributor Rascacielo Want to see your work featured as Daily Photo? Head over to…
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