What America’s top financial body’s next move may mean for Canadian mortgage rates. Last week the US Federal Reserve indicated that it expects to begin tapering its massive quantitative easing (QE) programs soon. More surprisingly, the Fed also indicated that it expects to fully unwind its QE purchases by the middle of next year. That is a faster tightening pace…
An 85-storey development on the southeast corner of Yonge and Gerrard Streets in Downtown Toronto is moving forward following a change of ownership. Originally a Cresford project, the formerly 85-storey condo previously known as Yonge Street Living (YSL) has been acquired by Concord Adex. The site of the development has been relatively quiet since Cresford ran into liquidity issues that resulted in…
A 35-storey residential tower southwest of the corner of Eglinton Avenue East and Mt Pleasant Road in Midtown Toronto could replace a row of townhouses while overshadowing a school and playground directly behind. Rendering – view looking northwest, image by by Turner Fleischer Architects. In August, Menkes submitted Zoning By-law Amendment and Site Plan Approval applications to the City of Toronto for the…
Over the next couple of years, Yorkwoods Condos will be bringing some significant change to Toronto’s Jane and Sheppard neighbourhood. Designed by AAA Architects Inc. for CTN Developents, the condo will be located at 2839 Jane Street in Toronto’s borough of North York. Our last story introduced the development and its close proximity to community hot spots including green spaces, malls, restaurants, and transit. Now, we take…
An 8-storey mixed-use building and a 2-storey single detached residential dwelling have been proposed at 3005 Bloor Street West and 14 Humbervale Boulevard, respectively, in the Kingsway area of Etobicoke. The development is located on the south side of Bloor Street West on the block west of Royal York Road. In November, 2017, Bousfields Inc. filed a rezoning application on behalf…
Thorncliffe Park resisents fight against Metrolinx rail yard plan; competition is back for apartments as Toronto’s rental market exits its pandemic slump; COVID numbers lower than expected in Ontario, according to experts; and more news: Thorncliffe Park residents wage fierce fight against Metrolinx rail yard plan (CBC) Ontario’s COVID-19 rates lower than expected due to public health measures: experts (CP24) Competition for…
I’m sure we’ve talked about this before on TRB at some point in the last fourteen years, but short of Googling “Toronto Realty Blog” and “exclusive listing,” I can’t recall when. Not only that, the reasons for using an exclusive listing, not to mention a “coming soon” sign, have changed dramatically over the last few years so it’s time for a…
Although you can find references to it on Wikipedia, Openwaterpedia, and Readtheplaque, you won’t know from using Google Maps or Apple Maps that when you’re at the end of Toronto’s Leslie Street Spit, you’re on Vicki Keith Point, named for the Canadian marathon swimmer who ended most of her crossings of Lake Ontario here. The view from the point has changed…
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