As discussed in my previous article on Toronto’s regional rail network within the City of Toronto proper, the Davenport Diamond Grade Separation is a project which seeks to eliminate one of the last major rail conflict points on the core network of Metrolinx-owned tracks with a substantial flyover on the GO Barrie line through Toronto’s Davenport neighbourhood. I was onsite…
Ever since the subway was extended to Vaughan in 2017, the area along Highway 7 between the 400 and Jane Street has been on a tear. To the north of 7, with several towers now up and several under construction, is the Vaughan Metropolitan Centre, where SmartCentres REIT is the largest landowner/developer. On the south side of 7, bcIMC is…
This is an UrbanToronto industry update sharing information and status updates from around the industry as a means to keep our readers in the loop. We are covering updates related to rules, regulations, and changes that are being made as a result of the pandemic that impact the real estate and building industries in Toronto. In today’s report: Oakville Transit rolls out…
When a new tax caused a sudden market downturn in the GTA in 2017, fallen through deals proven costly to home buyers and sellers. In April, 2017, the Ontario government introduced a 15 per cent speculation tax on residential real estate purchases by individuals who are not citizens or permanent residents. The tax had an adverse effect on the residential real…
Amelin Property Management has submitted an application for Zoning By-law Amendment along with Site Plan Approval to the City of Toronto, proposing to construct a 37-storey tower on the properties located at 95-131 Balliol Street. The new building is designed by BDP Quadrangle. The site is located on the south side of Balliol Street, east of Yonge Street in the…
Over 50% of Generation “Z” have given up on ever being able to afford a home in Toronto. With Toronto’s home prices continuing to rise exponentially – most recently, over 20% compared to a year ago – many young professionals are losing hope. As the goal of saving up a down payment and making enough to cover mortgage costs gets…
Did politics ensure the Yonge subway route got moved in Thornhill? Some fighting Metrolinx transit plans think so; Doug Ford’s housing affordability task force is already facing scrutiny. Here’s a look at the nine panellists; Average prices for Brampton real estate increase by nearly double the city’s median income in a month; and more news: A personal tragedy and bureaucratic roadblocks almost…
Sometimes we start with the best, and sometimes we end with the best. Today, it’s the former, because this is my absolute favourite, folks. The best I’ve seen in a long, long time. Have you ever said, “I’m so hungry, I could eat a horse?” You’re not actually going to eat a horse. It’s a saying. It’s an exaggeration. It’s not literal….
This might not look like other depictions of Valhalla in popular culture… but the other ones aren’t real. This one, arguably is. It started with the Valhalla Inn, a Scandinavian style-inspired hotel that opened in 1963 alongside what was then Highway 27. The hotel grew over the years like the city around it, but closed in 2009 to be redeveloped…
The Grand Hotel, originally the Toronto RCMP Building, stood at 225 Jarvis Street for 49 years. Not anymore. At 13 storeys, it was caught up in Toronto’s escalating land values, no longer providing as much space as the new value of the land demands. Coming soon, a new hotel, and new residential suites in a 49-storey building. The former site…
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