Four months after UrbanToronto last checked in on 28 Eastern Avenue, when the building had recently topped off, its exterior is now wrapped in nearly all of its cladding. Located in Toronto’s Corktown neighbourhood, the 12-storey mixed-use condominium and townhome building is designed by Teeple Architects for the Alterra Group of Companies. Starting in late 2020 with the demolition of the…
A major new announcement on a change to Canada’s immigration targets will have a bigger impact on our housing affordability crisis than it may first appear. Last week, Canada’s immigration minister, Marc Miller, announced that the Liberal federal government plans to reduce the number of non-permanent residents (NPR) in Canada from the current 6.2% share of total population to 5%…
Last week was chock full of news with implications for Canadian mortgage rates. Here are five key updates for anyone keeping an eye on Canadian mortgage rates: The latest Canadian Consumer Price Index (CPI) data Last week Statistics Canada confirmed that our overall CPI fell to 2.8% in February on a year-over-year basis. That was down from 2.9% for January,…
A year and a half after garnering significant attention on UrbanToronto in August, 2022, a revised plan for the redevelopment of 350 Bloor Street East makes notable changes for the 63-storey tower designed by Hariri Pontarini Architects for Osmington Gerofsky Development Corp. The resubmitted proposal refines the integration of the heritage base where it pivots from office to residential space, including the…
New home supply in the GTA reaches levels not seen since 2016, BILD reports; investors own 23.7% of Ontario homes, according to report; 3 years of Gardiner Expressway lane restrictions start today; and other news. New home supply in the GTA reaches levels not seen since 2016, BILD report says (The Star) Investors own 23.7 per cent of Ontario homes,…
Do you recall the blog post that I wrote a couple of weeks ago? The one about the psychology of pricing? I had fun with that one! Except when it came to choosing the “feature photo,” since there aren’t as many interesting, high-quality photos of minds or people thinking. I must have gone through one-hundred photos of brains before I found one that wasn’t…
To usher in spring, a blast of cold weather arrived in Toronto that first brought snow, and then clear skies, making this drone shot of the TTC’s Greenwood Yard by UrbanToronto Forum contributor TwinHuey so dramatic. So, those are a lot of trains not in service… The TTC’s Greenwood yard, covered in a blanket of white, image by UrbanToronto Forum contributor…
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