A recent development application for a property at 316 Bloor St. W. has hit a roadblock with city councillor Dianne Saxe and local residents raising concerns. The original plan included a 29-story mixed-use building, at a height of 98 metres. However, the developer later sought permission from the city’s committee of adjustment to increase the
Cycling enthusiasts from various communities are gearing up to challenge the construction plan for a 50-storey condo along a stretch of Yonge Street, challenging the proposed closure of bike lanes and sidewalks for nearly three years. Scheduled for Dec. 13, Cycle Toronto, Yonge4All, and other community groups plan to converge on City Hall to express
When The One was put into receivership last month, all of the remaining 70 unsold units of the 85-storey under-construction luxury condo tower were located above the 50th floor, but experts suggest it doesn’t mean nobody wants the sky-high suites. In fact, it’s the industry norm for upper-level units to sell after those below, whether
Toronto’s iconic Brass Rail Tavern, a downtown strip club nestled on Yonge south of Bloor, is at the centre of a heritage designation proposal that could make or break the future of the historic venue. The proposed heritage designation for the building, located at 699 Yonge St. since 1948, which city staff is recommending, is
With the condo market in flux in Toronto, reports have shown that some investors and buyers have been selling their units as interest rates put more pressure on their wallets. Condo developer and real estate broker Brad Lamb shares a realistic look at where the market is headed, his thoughts on why investors might be
Toronto is one of Canada’s most expensive cities, a fact reflected in its real estate prices. Condominiums offer a more affordable housing alternative for potential real estate investors or homeowners looking for property in the area. However, despite Toronto condos being more budget-friendly, they are still relatively expensive compared to other cities or provinces in
To rent or to buy? It’s a question that not many residents in Toronto have the luxury of asking themselves, with the average cost of a home hitting $1,082,496 in August. But in today’s real estate market, rental prices are not much more approachable — in September, the average rent for a one-bedroom in the
A sharp drop in new condo sales in the Greater Toronto Area will result in fewer homes getting built, worsening the region’s housing shortage and affordability crisis, experts are warning. “You have tighter supply working to push rents even higher and creating even more affordability challenges for renters,” said Shaun Hildebrand, president of Urbanation Inc.,
If you’re planning on buying a home in Toronto soon, the numbers aren’t exactly in your favour. The average detached home price is currently over $1.6 million, and while condos — at an average price of $753,520 — may seem like the more affordable answer, the market says otherwise. Condo sales were down 29 per
In today’s market, a two-bedroom condo can be out of budget, so it’s no surprise one-bedrooms plus dens are stirring up bidding wars! Several of these units have been selling with multiple offers in the city — so snag one of your own with these three up for sale. Minimalist and modern With floor-to-ceiling windows
Toronto Raptors star Scottie Barnes is collaborating on a new condo development project in the city. Originate Developments and its partner, Harlo Capital, are announcing a collaboration with the professional basketball player and Bowlway by Scottie purveyor. The project involves an 18-storey mixed-use development situated between Toronto’s vibrant King West and Queen West neighborhoods, known
Toronto development company The Gupta Group has submitted a settlement offer complete with a new sky garden to the city of Toronto for its proposed development at 906 Yonge St. in Yorkville. The project consists of two towers and was initially appealed to the Ontario Land Tribunal due to the City’s failure to make a
For some residents in Toronto, condos used to be seen as starter homes — less space and less effort, young people would start here before moving up the ladder into a home later on. But according to new data, that’s not the case anymore — with home prices steadily rising, the average house in the
As Toronto continues to grow and expand, many changes are reshaping the landscape that the city once knew. One of those changes, in particular, has been the number of car dealership lots and stores disappearing across the city — and even the Greater Toronto Area — to make way for more developments, both residential and
The City of Toronto is allowing a more substantial number of storeys at The One, though not quite meeting the ambitious target set by the developer, and getting a new public art gallery as a result. The City and Mizrahi Developments, the company behind the ongoing construction of the skyscraper situated at 1 Bloor St.
With a renewed push for more and more residential development in the city and across the province, Toronto could be seeing more and more approved applications being revised to add greater density. Case in point, an approved nursing home development in midtown is being shelved in favour of a revised plan for a whopping 50-storey
City staff are recommending approval of a 12-storey condo development to takeover the site of a beloved neighbourhood hub at Yonge and Roxborough, and the local residents association says city planners are jumping the gun. The development at 1080-1088 Yonge St. is located at the southwest intersection where a small retail plaza is located that
Sales of existing condos around the Greater Toronto Area have bounced back to levels not seen since a year ago, but activity in the new-condo segment continues to trail far behind as thousands of units remain unsold. So what exactly is happening in the condo market? “New condo sales generally react with a lag to
A Hogg’s Hollow church’s proposal to redevelop its land into a condo tower and new place of worship is being appealed at the Ontario Land Tribunal as residents continue to express concerns about the project’s density and possible environmental impacts. In July of 2022, the Goldberg Group, on behalf of the church, submitted a development
When designing a recently proposed condo on Eglinton Avenue West, architect Babak Eslahjou wanted to try something different. “You see a lot of red and dark grey in Toronto,” said Eslahjou, principal at Core Architects, of condo facades in Toronto. “I haven’t seen a lot of purple — yet.” That could change if Eslahjou and
We asked 10 of the city’s top real estate experts for their thoughts on what the market will bring in the months ahead. They gave their input on everything from interest rates to the recession to the housing crisis. Brad Lamb, president of Brad J. Lamb Realty and Lamb Development predicts what’s coming for the
Another tall condo tower has been proposed for a Toronto corner, but this time the development site includes the site of a historic court currently home to a popular Italian restaurant and three other heritage buildings. The development, which includes 17, 23 and 25 Toronto Street as well as 55 and 57 Adelaide Street. The 57
Isolating. Depressing. This is how one Torontonian described living in a condo in an 80-storey tower at Yonge Street and Bloor Street. Although everyone’s experience may be different, the area is quickly becoming one of the densest in Toronto and more so-called supertall towers are in the works. A 94-storey “skinny” tower has most recently
As the redevelopment of the historic Bloor Street United Church ramps up with excavation and shoring work expected to begin this spring, members of the congregation are feeling mixed emotions. On the one hand, they’re excited to see that the long-anticipated project is moving along. By working with developer Collecdev to construct a 29-storey condo
Sustainability efforts as we know it might include reusable shopping bags, biking more, shopping second-hand and maybe cutting down on meat consumption. But a new sustainability trend has emerged onto the scene in Toronto called homesteading — and it’s all about returning to your roots. The term refers to a lifestyle of self-sufficiency and sustainability,
