At 25 St Mary Street at the south end of Toronto’s Bloor-Yorkville area, there is a V-shaped, 24-storey rental apartment building owned by Tenblock. Completed in 1965, the building is designed in the Tower-in-the-Park style, with a significant amount of surface parking and green space on the lot, with no walls of the building that engage the streets around it. Looking…
The Bank of Canada (BoC) held a steady course at its meeting last week, but where will mortgage rates go from here? While there weren’t any major shifts in its outlook, the Bank’s latest policy statement did contain a few noteworthy items for anyone keeping an eye on Canadian mortgage rates. Before I get to those, let’s do a quick…
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,…
During a recent on-line public consultation meeting, Metrolinx revealed more details of its plans for the three westernmost stations on the future Ontario Line in central Toronto. The Ontario Line is a future rapid-transit service, extending above and below ground between Exhibition Place and Eglinton Avenue East at Don Mills Road. The line is one of four priority transit projects in…
The former commuter parking lots and low-rise land uses surrounding Wilson subway station in the Toronto borough of North York are being replaced with new higher-density developments, including a growing portfolio from Collecdev. Joining the other completed and under-construction projects the developer is bringing to the area, Collecdev’s latest addition to this emerging cluster of density is a gh3-designed complex a few hundred metres…
As Oakville grows, its new Uptown Core at Dundas Street and Trafalgar Road is set to become a multi-use centre. SmartCentres REIT’s 52-acre site along Oak Park Boulevard aims to become a new urban heart of the community through a multi-phased, master-planned redevelopment. Capitalizing on the area’s existing street grid, transit accessibility, and nearby arterial roads and highways, the first…
When baby boomers in Toronto finally leave their current homes, it will free up space for hundreds of thousands of young homeowners. But will they be able to afford them?; Condo developer plans to buy $1-billion worth of single-family houses in Canada for rentals; Shining a light on Toronto’s streetlamps; and more news: When baby boomers in Toronto finally leave their current…
“That article.” It’s all you really need to be told, and chances are, many of you will already assume which one it is. “Did you read that article from yesterday?” one of the guys on my team asked me last week. He then realized the error of his ways – asking an extremely vague question which could refer to a…
Warm weather has arrived in Toronto, and socially distanced crowds are flocking to city parks for some much-needed sunshine and fresh air. An evening scene from Riverdale Park is featured in today’s Daily Photo, with this view from Marc Mitanis showing parkgoers enjoying the sweeping skyline view from the park’s eastern slope along Broadview Avenue. Toronto skyline from Riverdale Park, image…
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