New condo supply falls to 15-year low
Urbanation, the authority on the Greater Toronto Area’s (GTA) new condo market statistics, released its second quarter 2017 (Q2-2017) report, announcing that the new condo market is still surging as the resale condo market moderates. Also, new condo
Good and Bad News for Condo Renters
Recently, condo market research firm, Urbanation, released their fourth quarter and annual condo rental report, announcing an all time high for condo leases in 2014.In the fourth quarter, condos rented through the MLS system saw an 11% year-over-year
Q2-2014 Condo Market Making a Comeback
Toronto-based condo research firm, Urbanation, is the most trusted resource for condo intelligence. Their Q2-2014 condo report states that there were 5,992 condo sales in the Census Metropolitan Area (CMA), making it the third strongest second quarter
How Ontario can amp up affordable housing development
The key to building more affordable housing lies in the availability of public surplus lands, which is government owned land that is “vacant or underutilized, that is no longer needed to deliver government goods and services (Infrastructure Ontario).
Lifetime Developments unveils two new murals by Ben Johnston
Last week, we attended the unveiling of Liberty Village’s latest public art. Lifetime Developments commissioned Ben Johnston to paint two murals, Hustle and LoveLiberty, on the brick walls of the Liberty Market Building in Toronto. Local residents and
Pei Partnership Architects and Tower Hill Developments Introduce 2221 Yonge
One challenge that developers continue to struggle with is coming up with unique designs. When there are over 300 active high-rise projects in a city, it’s hard to stand out.To overcome this challenge at 2221 Yonge St., Russell Masters and his team at
BILD Releases New Study on Development Charges
There are many costs associated with developing a new building, and those costs affect affordability. One major cost for developers and builders that we’ve touched upon before is development charges.Development charges vary from building to building. The
Lanterra Developments Purchases 11 Wellesley
11 Wellesley was one of the most highly debated parcels of land in the City of Toronto. Local residents were pushing for a public park on the site, but the land was owned by the Province, and they weren’t going to just hand it over to the City. Just last
In Development: 2450 Victoria Park Avenue
Toronto has been dubbed “Hollywood North” for years, based on the amount of movies and shows that are produced and filmed here. Once in a while, you’ll be walking down a street in Toronto, only to be stopped because it’s closed for filming, and as you
Development charge rebates to stimulate creation of affordable rental housing
The province of Ontario recently announced development charge rebates in an effort to stimulate the creation of more affordable rental housing.
