$1 Dollar Listings Hit Toronto + Higher Property Taxes to Cool Home Prices?

In Toronto: Clever billboard spotlights Toronto’s out-of-reach home prices and a dubious new listing tactic.Elsewhere: Could higher property taxes lower home prices, will the U.S housing market ever be normal again, and a divide between Paris and the suburbs rings familiar in Toronto.  Toronto ‘Have you tried finding richer parents?’ Sarcastic billboard about housing crisis goes up in Toronto (Toronto…

Eight Cumberland Soon to Join Bloor-Yorkville Skyline | UrbanToronto

Another condo tower will soon make its presence known on Toronto’s ever-densifying Bloor-Yorkville skyline. After over two years of construction, Great Gulf and Phantom Developments’ Eight Cumberland project is now making steady progress into the air at Yonge and Cumberland. The new architects—Alliance-designed condo tower will likely hold a prominent place in the neighbourhood skyline by the end of the year, as it adds about a floor per…

COVID-19: UrbanToronto Updates from the Industry for May 28, 2021 | UrbanToronto

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,…

Innovations in Parcel Management Easing Pandemic Strain on Buildings | UrbanToronto

Over a year into this new way of life, we have collectively shifted from mostly in-person interactions to online ordering and deliveries. With the Greater Toronto Area’s proportion of high-rise and multi-family building dwellers only growing with time, the pandemic is putting increased strain on high-rise residential buildings’ staff responsibility and parcel storage capacity. Solutions like automated parcel lockers have been…

CIBC SQUARE North Tower Work Proceeding as South Tower Prepares to Open | UrbanToronto

As work wraps up on the first phase at Hines and Ivanhoé Cambridge CIBC SQUARE office complex in Downtown Toronto, the early stages of construction are advancing on the second. Designed by UK-based WilkinsonEyre Architects with Toronto’s Adamson Associates, the first of the complex’s matched pair of towers—turned at near angles to each other—now stands 49 storeys tall over the northeast corner of Bay and Lake Shore. We…

News Roundup for May 28, 2021 | UrbanToronto

Justin Trudeau government’s support for underground Eglinton West LRT undermines climate change fight, say critics; Scarborough subway starts ‘major’ work in June, tunnelling next year, province says; Landlords wait on tens of thousands in unpaid rent due to ‘exhausting’ Ontario board delays; and more news: Justin Trudeau government’s support for underground Eglinton West LRT undermines climate change fight, say critics (Toronto Star)…

Bay Street in the Financial District | UrbanToronto

Toronto’s Financial District is not looking quite as busy as it did before the pandemic, though a return to normal is gradually bringing life back to the streets of Canada’s economic heart. In today’s Daily Photo, shot by Forum contributor Bjays92, we are shown a view facing north on Bay Street from just south of King Street West. Bay Street in…