For decades, the windswept intersection of Yonge and Eglinton has been dominated by the pair of office towers at the southwest corner known as Canada Square, mostly experienced through their unforgiving wall of glass and concrete along Yonge. Behind that sprawls the bus terminal servicing Eglinton subway station, an area largely inaccessible from the street. This rather inhospitable environment is set to…
Is the Bank of Canada shifting away from rates staying ultra low – and should mortgage borrowers lock in now? The Bank of Canada (BoC) and the bond market have been in a fight about where inflation and interest rates are headed. Until last week, the Bank predicted that neither would rise sustainably for years to come. BoC Governor Macklem…
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…
A new multi-building condominium community is gearing up to rise on the west side of Bathurst Street at Beverley Glen Boulevard, a few blocks north of Promenade Mall in Thornhill. The Thornhill site is now a hive of construction activity, as the early stages of work advance for The Daniels Corporation and Baif Developments’ project. Since the mid-2020 start of construction, shoring and excavation activity…
Concord Adex’s Concord Park Place community in North York continues to add new buildings at its site along Sheppard Avenue East between Bessarion and Leslie subway stations. The master-planned community has already had its first eight condominium buildings completed, with four more towers currently under construction, and three future towers plus a mid-rise complex on the horizon. The four towers currently being…
Billions of dollars worth of Canadian apartment buildings on the block as sellers rush to cash out at record prices; Where did the Gardiner Expressway go? Once a barrier, now exciting things are happening underneath; New construction home prices in Toronto area soar as supply dwindles; and more news: Billions of dollars worth of Canadian apartment buildings on the block as sellers…
Wow, the first four months of the 2021 real estate calendar have flown by! And at the very same time, it seemed to last forever… Case in point: I went to look up a blog post that I wrote about a seller’s bully offer dilemma, thinking it was back in February, only to find it was on March 10th. Really? …
Today’s Daily Photo takes us to Toronto’s Port Lands area for a northwest-facing skyline view. This early morning shot by Forum contributor mburrrr includes topped-out new additions 75 on The Esplanade and the Waterfront Innovation Centre in the lower middle of the photo, while the southeast tower of Sugar Wharf Condos Phase 1 can be seen rising into view at…
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