Over the last several months, prices for PEC homes has become disconnected from reality.  My report on the County real estate market this month centres on one simple point: County real estate prices have become disconnected from reality. For the last several months I have warned that we were seeing a price bubble in the County…and now the market is…

Revisions have been made to a proposal on the southeast corner of King and Bathurst streets in the King West area of Downtown Toronto. The redevelopment of 663 King Street West has seen many changes. The current proposal designed by Core Architects for Timbercreek Communities and Trinity Group calls for a 17-storey, 58-metre-tall condo to be built atop a modified heritage structure, while fully replacing…

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…

Menkes Developments’ densification of the LCBO lands on Toronto’s waterfront presses on at the mixed-use Sugar Wharf site—named in a nod to the Redpath sugar refinery across Queens Quay—to bring 4.6 million ft² of commercial and residential space upon completion. The initial phases of the community are well under construction, with an office tower at 100 Queens Quay East and the first pair of condos, dubbed Sugar Wharf Condos Phase…

For many office workers, this week marks a full year since the buildings were shuttered for a duration few could have foreseen. Throughout the last year of global turmoil brought on by the COVID-19 pandemic, most people who were commuting to work previously have since been working remotely as a means to limit the spread of the virus. As a…

Every single month, without fail, I receive a phone call or an email from a client asking about a recent correspondence with an existing tenant. And what do these tenants want, you ask? Rent reductions. All of them. What began during the pandemic last year when an unimaginable number of Torontonians found themselves laid off or with hours cut back,…