Ranee Management has submitted a Zoning By-law Amendment application to the City of Toronto to permit the intensification of a large apartment site located on the northwest corner of Finch Avenue West and Sentinel Road in the Toronto borough of North York. The application seeks approval to redevelop portions of the site that are currently occupied by surface parking or lawns –…
Real estate got off to a slow start in 2022, with home sales down 18.2 per cent compared to January 2021, and new listings remaining in very short supply. Looking forward to the year ahead, TRREB predicts total home sales in the GTA will reach 110,000, representing a dip from 2021, but still a strong result in comparison to previous…
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: ULI Toronto announces new…
The multi-year Crosstown LRT construction has revealed some innovative building methodology as Toronto plays catch-up on long-overlooked rapid transit infrastructure. One of the most interesting has been at Mount Dennis Station on the Western end of the line. This was the home of the Kodak manufacturing site for decades, a 23-hectare factory that employed thousands until it closed in 2005….
On Wednesday, Toronto City Council expanded housing options by allowing garden suites on residential properties throughout the city. A garden suite is a housing unit, usually located in the backyard of an existing house, but separate and detached from the main house. Garden suites, like laneway suites, are generally smaller than the main house on the lot, and are often a…
Toronto home sales fell 18% in January as prices climbed and listings dropped; Toronto versus Mississauga home and condo prices over the past decade; Verdict and recommendations expected today in scaffolding collapse inquiry; and more news: Verdict and recommendations expected today in scaffolding collapse inquiry (CP24) Toronto home sales fell 18% in January as prices climbed and listings dropped (CP24) Canadians find other ways…
As rising interest rates and other market cooling factors arise, will home prices necessarily fall? This story is featured in our monthly Move Smartly Toronto Area Market Report – Read full report here In my last post, I discussed what factors might lead to Toronto’s housing market to cool down – in this related post, I look at a related…
You know that saying, right? Don’t sweat the small stuff! It’s sort of, “Don’t cry over spilled milk,” except the latter is a better analogy and the saying has more meaning. I tried to tell my daughter what, “Don’t cry over spilled milk” meant, but she was too focused on the milk and not the insignificance of the action of…
It’s been the snowiest January in a long time, and early February, 2022 looks like it’s threatening to keep pace. UrbanToronto Forum contributor Marcandian was out and about when the big storm hit a couple weeks ago, and snapped this ominous photo across Front Street of the Royal York Hotel during the event. The Royal York during the January 2022…
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