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Less is more in GTA luxury housing, design firm says

5 days ago

Less is more in GTA luxury housing, design firm says

The Greater Toronto Area’s luxury housing market is turning to minimalism and wellness amenities, moving away from glitz and sheer square footage, observes Sergio and Matthew Galli, the father and son duo behind Toronto-based design-build firm Belairbuild.

4 Brookfield Residential communities enroll in Built Green

Brookfield Residential has enrolled four of its Edmonton developments in Built Green Canada’s communities certification program, making it the first developer of its scale to do so under the pilot.

Realtors hoping for a rebound get side-swiped by trade war

National housing sales improved for the fourth consecutive month in July, which lent reassurance that the worst of the downturn may be over. Now, an escalating trade war may roil Canadian real estate once again.

If trade war persists, BoC's next move could be a cut

The Bank of Canada will announce its rate on Wednesday, Sept. 2, and while a hold is almost certain, the storm brewing between Ottawa and Washington could force an unexpected change in course down the road.

Saanich endorses three projects and 251 new homes

With only two more council meetings scheduled before the Oct. 17 election, Saanich council unanimously endorsed rezoning and development permit applications for three midrise residential buildings that, combined, will provide 251 new homes.

Belwood, Ont. subdivision grows from 118 to 446 homes

A group of concerned residents is gathering this week to discuss a 446-home development proposed on a former golf course near Guelph, Ont. The township recently received a complete application from Fergus Land Holdings (Geranium).

Why mortgage files getting harder may be good for brokers

As purchase activity gradually picks up, many brokers say they’re finding it harder to move deals across the finish line. Many report seeing more complex files, whether due to declining property values, less straightforward income structures or stricter lender criteria.

The new tool helping Torontonians rethink their home

Here’s how it works: Users plug a GTA address into the Property Analysis Tool to generate details like lot size, building size and zoning code. Then, users can explore possible multiunit housing configurations and navigate to the Quick Cost Calculator.

How differing MLS rules can affect when agents get paid

Ontario real estate agents have long operated without a single unified MLS database, which can lead to accidental non-compliance when agents aren’t well-versed in their respective guidelines. One potential source of confusion is differing rules surrounding commission payments.

Waterloo neighbours spend $150,000 fighting over concrete

How a small dispute between two Waterloo neighbours went all the way to a four-day Superior Court trial, complete with eight witnesses, photographs, videos, expert evidence, a land survey, $220,000 in damage claims — and a judicial quotation from Shakespeare.

Renovation company leaves clients with unfinished homes

Since the end of June, the Office of Consumer Protection has received more than twenty complaints against Décobec for unfinished work despite significant amounts having been paid in advance. Jacques Blanchet and a couple from Saint-Hubert are among them.

This Cape Breton island is listed for $6.9M

VIDEO: N.S.'s Henry Island comes with a four-bedroom home, a working lighthouse and decades of history. In this video, CBC's Ethan Hunt steps ashore to see what the sellers are looking for.

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