Designed by UK-based WilkinsonEyre Architects in collaboration with Toronto’s Adamson Associates, CIBC SQUARE is the most significant office development in Downtown Toronto since the early 1990s. The 3 million ft² complex from Ivanhoé Cambridge and Hines extends the Financial District to the blocks south and east of Union Station. Straddling the rail corridor, its twin office towers will be connected via a one-acre elevated park over the…

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,…

Construction is moving along at the site of Minto Communities GTA’s latest contribution to Toronto’s Fashion District at 123 Portland Street. The 14-storey Sweeny &Co Architects-designed boutique luxury building has been underway at the corner of Portland and Adelaide streets since mid-2020, following the demolition of a former Para Paints shop and three houses that previously occupied the site. Now approaching the one-year mark since shoring…

As the early stages of construction progress on The Saint, Minto Communities GTA’s new condo tower at Church and Lombard streets in Downtown Toronto, there are just a few suites remaining in the building. Named in a nod to the nearby St James Cathedral, the 47-storey, Wallman Architects-designed project is soon to add 418 units to a growing stretch of density along Church Street.  The Saint, image courtesy of…

The iconic Canada goose makes an appearance in today’s Daily Photo, captured by Forum contributor skycandy from popular Toronto skyline vantage point Polson Pier. The new Aquabella at Bayside condominium development stands topped out at 14 storeys in the background, while the two towers of St Lawrence Condos can be seen approaching their final height further to the north. Canada goose at…

Out catching rays? Here’s a quick catch-up on key news that relates to your mortgage. I hope everyone enjoyed the fantastic weather over the long weekend. I did the same, so today’s post will be shorter than normal. Update on Increase to the Mortgage Stress-Test Rate On April 8, our banking regulator announced that the stress-test rate used to qualify…