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…
Widespread tax fraud in Ontario’s construction industry is costing the province a staggering $1.8 billion to $3.1 billion every year according to the Ontario Construction Secretariat (OCS), an organization representing unionized construction in the province. The lost annual tax revenue—capable of funding desperately-needed housing and infrastructure projects that could jumpstart the region—is instead lining pockets of fraudsters running illegal and…
Tridel and Hines’ Bayside community continues to grown in Toronto’s East Bayfront area with Aquabella. Boasting a standout design by Danish architects 3XN working with Toronto-based Kirkor, Aquabella rises 14 storeys in a uniquely stepped form. The building has been structurally complete since last year, while the ongoing installation of cladding is bringing the project closer to the look presented in marketing renderings. Looking east to Aquabella…
Few expect federal budget to change Toronto house-price surge; Toronto pavilion serves as urban park’s new front door; VIDEO: A look at the new Indigenous family centre in Scarborough; and more news: Few expect federal budget to change Toronto house-price surge (Toronto Star) Toronto pavilion serves as urban park’s new front door (Globe and Mail) Several Toronto neighbourhoods are exceeding Ontario’s record-high…
Can we have an honest discussion here? Can we, really? What is the “problem” with the Toronto real estate market? Does anybody care to admit what so many of us already know to be true – that jealousy and have-not’ism are at least partially responsible for the backlash against rising prices in the Toronto real estate market? Over the last week,…
A moody early morning view of Toronto’s Bloor and Sherbourne area is featured in today’s Daily Photo. Captured by Forum contributor 111, this shot faces east through a fog layer towards the rising sun, with residential towers The Selby and James Cooper Mansion in the foreground, while the two towers of the Via Bloor condominium development can be seen in the…
With 79% of houses and 63% of condos selling over the asking price in a pandemic no less, average home buyers are stressed – and confused. As Featured in the Move Smartly Report: The Market Now Have questions about this unpredictable market? John Pasalis, President of Realosophy Realty and author of the Move Smartly report is hosting a monthly webinar…
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