In Toronto: The affordability crisis in the city cannot be ignored, as demand continues to flourish with little supply.Elsewhere:  Experts sound the alarm over Canada’s housing bubble, the upzoning wave finally hits California, and the pandemic tames Airbnb in Europe’s hotspots, for now.  Toronto What’s driving Toronto’s hot housing market? A real estate expert breaks it down (Global) Real estate…

The former location of the Christie’s plant, long known for its aroma of cookies before it was shuttered in 2013, has provided a unique city-building opportunity for both the City and the property’s new owners, First Capital, who are planning a massive redevelopment of the site unlike anything seen in Toronto before. Sandwiched between the Gardiner Expressway, Lake Shore Boulevard,…

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…

‘Excessive exuberance’ on display in the Toronto area real estate market right now. As Featured in the Move Smartly Report: The Market This Month The Toronto Area housing market continues to boom, with the market for houses particularly showing signs of ‘excessive exuberance’ amongst buyers.In February, house (detached, semi-detached, townhouse) sales were up 46% over last year (2020), and have…

Just north of Toronto’s North York City Centre area, the first phase in a new multi-tower development has begun its rise above Yonge Street. For about two years now, we’ve been keeping a close eye on construction of Aoyuan International’s M2M Condos, ever since local staple Newtonbrook Plaza and an adjacent office building were demolished to clear the site for the start of the…

A proposed residential building for Toronto’s Davisville neighbourhood is designed to appeal to remote workers by incorporating a number of live/work units within its mix. Last month, Plaza Partners and Dream Unlimited submitted a Zoning By-law Amendment application seeking to build a 14-storey residential building with amenities and ancillary spaces catering to those who work from home. Looking southeast to 25…

I’ve been told that I talk a lot. Are you surprised to hear that? In high school, a teacher sarcastically said, “He’s not loud.  It’s just that his voice carries.” That was kind.  And although he was being sarcastic, I’ve adopted that as a saying in life when people ask me to pipe-down. In our new offices here at 103 Vanderhoof…

A sunset view of Toronto’s growing Humber Bay Shores neighbourhood skyline is featured in today’s Daily Photo. Captured by Craig White, this shot faces south of High Street towards The Queensway. In the background, the topped-out Vita on the Lake development is the latest addition to the area skyline, which has been subject to rapid vertical growth in recent years….