The Rosedale on Bloor Rising as More Cladding is Applied | UrbanToronto

It is close to four years since site clearing work marked the first activity in mid-2017 for The Rosedale on Bloor on the south side of Bloor just west of Sherbourne in Downtown Toronto. Construction of the 55-storey, IBI Group-designed condominium and hotel complex for Gupta Group would officially begin later that year. The last few months have seen much progress unfold, with the tower now…

COVID-19: UrbanToronto Updates from the Industry for April 12, 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…

The Stress-Test Rate Used for Uninsured Mortgages Is About to Rise

Canada banking regulator tries to cool rising house prices as of June 1st – but are they taking the right approach?  Canadian residential real estate prices have risen rapidly and broadly during the pandemic, and as prices have surged, so too have calls for our policy makers to step in. Last week, the Office of the Superintendent of Financial Institutions…

Emerald City Marks Milestone with Full Community Sold Out | UrbanToronto

A milestone 15 years in the making, ELAD Canada is celebrating the selling out of their entire Emerald City community in North York, a redevelopment of the Parkway Forest community that has injected new life into the area. The long-term redevelopment has created 3,000 condominium residences across nine towers, 300 units in purpose-built rental buildings, and the 50,000 ft² Parkway Forest…

ELAD Canada Offering Incentives on Some Galleria III Suites | UrbanToronto

As the redevelopment of the Galleria Shopping Centre site presses through its early stages at Dupont and Dufferin streets in Toronto’s West End, new details continue to emerge about the upcoming third phase of ELAD Canada’s master-planned Galleria on the Park community. Following on the heels of the now under-construction Galleria 01 & 02, marketing is kicking into gear for the community’s 31-storey Hariri Pontarini Architects-designed third…

News Roundup for April 12, 2021 | UrbanToronto

Toronto’s downtown office vacancies have hit a 13-year high because of COVID-19. But there are signs that’s about to change; Toronto taxi company considers pumping the brakes on service in some COVID-19 hotspots; Protecting Little Jamaica is a worthy idea. But preserving heritage hasn’t always made Toronto a more affordable place to live; and more news: Toronto’s downtown office vacancies have hit…

South on Avenue | UrbanToronto

Today’s Daily Photo takes us high above Upper Canada College for a south-facing view down Avenue Road towards the heart of Downtown Toronto. Captured by Forum contributor Jasonzed, this view includes the new 620 Avenue Road development, now topped out in the right foreground.  Toronto skyline, image by Forum contributor Jasonzed Want to see your work featured as Daily Photo? Head…