In Toronto: The city once again ranks as one of the least affordable cities in North America + How can we tackle unaffordability? Elsewhere: BoC governor warns Canada’s home price rise is ‘not normal,’ how parking destroys cities, and Iceland signals Europe’s first economic tightening. Toronto There’s no ‘silver bullet’ for fixing Toronto’s housing affordability crisis. But here are five ways…
A plan for a three-building condo complex on the northwest corner of Kipling Avenue and The Queensway in Etobicoke has evolved with a revised submission to the City of Toronto. The 2.91-acre site at 1306 The Queensway which formerly housed two car dealerships, is owned by KingSett Capital who have engaged Giannone Petricone Associates to design the redevelopment. The newer…
The global COVID-19 pandemic is having far-reaching effects in Toronto, including major impacts on the 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 about the shutdowns,…
You may believe that buying insurance coverage for an old car is not costly, but this is not necessarily true. In some cases, there is a discount while in others no discount is possible. When zeroing in on the right way to cover an old car, look at it the same way you would when choosing a normal car insurance…
While the Toronto condo market has been hot in recent months, presentation centres continue to serve a limited number of visitors due to health and safety restrictions. With the coming return to normal, many of the sales centres will soon host greater numbers of visitors, but for now, photos and virtual tours provide a window into these spaces. The latest space…
It’s no secret that home prices in Toronto are at all-time highs, with the average selling price for a condo unit in the city sitting at over $725,000 as of the end of April. These numbers—averaged out across the entire city—are pushed higher by demand for pricey units in central areas of Toronto. On the peripheries, areas of relative affordability…
Bank of Canada flags debt risks as some Canadians overpay to get into hot housing market; Modular supportive housing at 175 Cummer Ave. in Toronto gets go-ahead from committee; Unused Don Valley tracks could be Toronto’s answer to NYC’s High Line Park, group says; and more news: Bank of Canada flags debt risks as some Canadians overpay to get into hot housing…
If this were a normal year, and we weren’t in a pandemic, very few of you would be reading this as you’d already be up north for the weekend. But it’s May of 2021. Which is feeling quite similar to May of 2020… We’re looking at the last long weekend of the “spring market,” after which, we usually see a slowdown as we…
Today’s Daily Photo takes us high above Dundas Street West, just northwest of Kipling subway and GO stations. Captured by Forum contributor bangkok, this shot faces southeast over the east tower in the rising second phase of The Kip District community, with the Humber Bay Shores and Downtown Toronto skylines visible in the distance through hazy skies. Toronto skylines viewed from above…
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