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…
Imagine this: you wake up, get dressed, have breakfast and walk out the front door of your apartment building in Oakville over to a sleek modern station. You head straight to the platform, walking past a packed bike parking area, and a sleek electric train pulls up after just a few minutes, no schedule required. You head downtown, and the…
Welcome to my blog on housing, culture, and design! I’m Steve Fudge and I’m celebrating 34 years as a realtor and property consultant in Toronto, Ontario, Canada. Not only is the Toronto real estate market in flux (think air turbulence on a Boeing 737 Max 9 with a missing door plug), but one of its core power dynamics is…
A wave of developments is sweeping Eglinton Avenue thanks to the soon-to-be-opened Eglinton Line 5 Crosstown LRT, and a microcosm of this is seen in Toronto’s Keelesdale neighbourhood, where a proposal at 2485 Eglinton Avenue West is the latest planning submission to the City of Toronto. A 46-storey residential building that would offer some commercial space at the southeast corner of…
Welcome to my blog on housing, culture and design in Toronto, Ontario, Canada. Just when we were enjoying a taste of Spring… back to snow! But now that the season is officially here – as of March 19th – the warmer weather shouldn’t be too far off! Although many people will rank a city based on how many ‘world…
At the foothills of the Niagara Escarpment, Mattamy Homes is bringing modern residential living to Milton, Ontario. The two latest buildings at Soleil Condos, located at 480 through 490 Gordon Krantz Avenue, make up the final phase of the community, and like the initial phase will stand six storeys tall. Encircled by mature landscapes and connected to a network of…
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