H&R REIT, one of Canada’s largest REITs with real estate assets of $13.4 billion, announced in a recent investor update that the company is planning to redevelop two sites they own in Downtown Toronto, one on Yonge Street north of Wellington Street, and one on Front Street east of Blue Jays Way. While the firm says that applications have gone into the…
Where will things go for variable and fixed rate mortgage borrowers? The five-year Government of Canada (GoC) bond yield that our five-year fixed mortgage rates are priced on has moved steadily higher of late in response to the consensus belief that inflation has turned the corner and will now rise sustainably. It increased from 0.40% to 1.04% over the past…
Redevelopment is in full swing at a Downtown Toronto site bounded by Queen, Shuter, Mutual, and Dalhousie streets. Previously home to a surface parking lot of about a hectare in area, the 27-storey first phase IBI Group-designed condominium tower known as 88 North is complete, while construction is advancing on the next three 88 Queen East towers from St Thomas Developments. The new phases are to rise 27, 28, and…
‘This is an opportunity to reorient people to the water.’ Waterfront Toronto thinks ‘diversity’ is the key to an eye-popping design for Quayside; School construction has fallen way behind in booming condo neighbourhoods in Toronto; ‘Duct tape used as a sealant’: Toronto councillor pushes for full release of Scarborough RT repair report; and more news: ‘This is an opportunity to reorient people…
Last week, I had the pleasure of working with two of Toronto real estate’s finest agents; one lady who owns a ‘hood on the east side, and one fine gal who’s a pillar of a community out west. Both experiences reminded me how wonderful it is to work with true professionals, but sadly, it also reminded me how rare those…
Today’s Daily Photo shows off an evening view of Enigma on the Park, a recently-built nine-storey condominium development from Aragon Properties, north of MacGregor Park in Toronto’s West End. The BDP Quadrangle-designed project’s signature exterior chevron pattern is on full display in this shot captured by Craig White. Enigma on the Park, image by Craig White Want to see your work featured as Daily…
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