3-bedroom condo leases in the Greater Toronto Area soar by 47% Image

3-bedroom condo leases in the Greater Toronto Area soar by 47%

According to the Toronto Real Estate Board’s second quarter data, there were 9,749 condos rented through the MLS system in the second quarter of the year. This is nearly a 15% year-over-year increase. 

Read More
Ontario home prices need to drop more than $300,000 to be affordable for millennials Image

Ontario home prices need to drop more than $300,000 to be affordable for millennials

A new study by Generation Squeeze in Vancouver found average home prices in Canada need to drop by nearly 50% for a typical 25-34 year-old (let’s call them millennials) to afford an 80% mortgage on an average priced home. Or, their earnings need to double

Read More
Is it time to embrace coliving in Toronto? Image

Is it time to embrace coliving in Toronto?

It may sound like you’re back in college again, but your next rental in Toronto may be a coliving situation. How do you feel about that? Common, a company known for its coliving housing in the United States, has partnered with Dream Unlimited.

Read More
Will laneway suites across the entire city improve housing affordability? Image

Will laneway suites across the entire city improve housing affordability?

It’s possible that there will soon be more laneway suites in Toronto in the near future as the Planning and Housing Committee recently endorsed a plan to support this type of residential development across the city. 

Read More
Oxford’s Union Park to include a daycare and family-friendly rental units Image

Oxford’s Union Park to include a daycare and family-friendly rental units

Over the last week, the talk of the town has been the Union Park development in Toronto by Oxford Properties Group. At first, it was the $3.5 billion price tag that made headlines, but now that more time has been spent digesting the master-plan.

Read More
A closer look at housing in the Sidewalk Toronto master-plan Image

A closer look at housing in the Sidewalk Toronto master-plan

Sidewalk Labs recently released its draft Master Innovation and Development Plan for the ambitious “smart city” project on Toronto’s east waterfront, Sidewalk Toronto. There are hundreds of pages to go through, but we took a closer look at the housing.

Read More
First-ever Passive House high-rise retrofit in Canada coming soon Image

First-ever Passive House high-rise retrofit in Canada coming soon

Hamilton will soon be home to Canada’s first-ever residential tower retrofit that meets Passive House standards, surpassing Ontario’s building code in energy efficiency by leaps and bounds. 

Read More
More than 200 affordable rental units announced for downtown Toronto Image

More than 200 affordable rental units announced for downtown Toronto

At the end of April, the province of Ontario announced the sale of surplus land to allow for the development of affordable housing. 

Read More
Podium Developments announces 3 new rental buildings in Kingston Image

Podium Developments announces 3 new rental buildings in Kingston

For the last few years, Kingston’s vacancy rate has been trending low - thankfully, there’s a multi-phase rental development in the works by Secure Capital Partners Inc., Blue Vista Capital Management LLC, and Podium Development Corp. 

Read More
Toronto is the 12th least affordable housing market in the world Image

Toronto is the 12th least affordable housing market in the world

Earlier this year, Toronto was listed as one of the top 10 least affordable housing markets in the world. A new report suggests that Toronto is becoming a slightly more affordable place to buy a home. 

Read More

Sign-up for our Newsletter