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Parkbridge near sellout at Solstice land-lease community

8 months ago

Parkbridge near sellout at Solstice land-lease community

Parkbridge Lifestyle Communities, a Collingwood, Ont.-based investor, developer and owner-operator of land-lease communities, sees its model opening up homeownership to more people at its Solstice at Tower Ranch retirement community in Okanagan, B.C.

Buyers appraise a more pliant GTA condo market

Some buyers are sorting through the Toronto-area condo market and cherry-picking deals in a segment with plenty of inventory to choose from. Anna Wong, real estate agent with Strata.ca, says buyers are feeling more confident as interest rates remain unchanged.

Unliveable Toronto's condos revealed in videos

A two-year-old condo building in Toronto, at 159 Wellesley St. E. is being slammed for its tiny, overpriced units with awkward floorplans. Some of the floorplans somehow cram two bedrooms and a bathroom into less than 500 square feet.

Navigating Toronto’s condo market this spring?

The Toronto’s condo market is finally in bloom, however the sun wasn’t always shining.  This article is the third in the Global News Spring Housing Buzz series, with Part 1 and Part 2 linked above.

Calabogie builder moves ahead despite market slump

West of Ottawa by Lake Calabogie, owners of the local a ski hill have launched the first phase of an ambitious plan to build 400 new homes, part of a 700-acre master-planned community with six distinct neighbourhoods.

East Vanc. 1,900-unit housing project passes new hurdle

Another key approval milestone has been reached for BC Housing’s major Skeena Terrace housing redevelopment in East Vancouver. Vancouver City Council unanimously approved the project’s rezoning application.

B.C.'s city planner shortage could slow housing progress

The provincial government’s efforts to boost B.C.’s housing supply may be facing a staffing-related bottleneck. A lack of city planners and planning experts across the province has left some municipalities struggling to navigate an influx of new provincial legislation.

Densification divides elected officials

Get ready to see your neighborhood change. The mayors of Greater Montreal are discussing the possibility of significantly increasing density there, at the risk of “considerably upsetting the balance and quality of life” in certain sectors, according to elected officials.

High-end neighbourhood fights townhouse plan

A new fight is breaking out over infill housing in a high-end London neighbourhood, this one trained on the site of a land deal linked to the War of 1812. It’s yet another clash over higher-density housing that London needs.

A Toronto bungalow was razed, now empty lot

The three-bedroom house at 15 Derwyn Rd. in Toronto's East York was home to the same person for 30 years. But like the two-storey new builds that bookend the home, the little bungalow was destined to become something bigger.

Toronto home prices by neighbourhood: TRREB

Here's how downtown Toronto's housing market performed by neighbourhood in February 2024. Home sale prices by neighbourhood compare to an average of $1.07 million for the City of Toronto and $1.11 million for the Greater Toronto Area.

The GTA is seeing bidding wars once again: Wahi

In February, the GTA saw 25 per cent (76 of 303 total) of its neighbourhoods get into overbidding territory - from zero the month before - while 5.6 per cent were selling at asking and 69.3 per cent experienced underbidding.

Ontario home sold at $700K loss after multiple attempts

A home at 841 Danforth Place in Burlington's affluent LaSalle neighbourhood - re-listed for sale multiple times - sold for $1.42 million. It had been acquired for $2.1 million in February 2022, when home prices reached an all-time peak. 

It now takes 39 years to buy a home in the GTA

Real estate agency Zoocasa recently analyzed housing markets in 20 major cities across Canada to calculate the required down payment for each and determine how long it would take for a median, post-tax income household to save for a single-family home. 

Multi-generational living is becoming more common

For Scot Hein, living steps away from his two-year-old granddaughter is an "extraordinary" blessing. The living arrangement was made possible because his daughter and son-in-law built a smaller home in his backyard in Vancouver's Kitsilano neighbourhood. 

Blueprint for climate-aligned housing released: TFHC

Last week, the Task Force for Housing and Climate (TFHC) released its comprehensive recommendations aimed at rapidly expanding Canada’s housing stock while aligning with climate objectives. The Blueprint for More and Better Housing outlines 140 actions for governments.

Victoria to ask province to delay new STR rules

Victoria council may ask the B.C. government to delay its short-term rental ban until after summer tourist season. The province’s new rules are to come into effect on May 1 limiting STRs to rentals where the owner lives.

Tofino opts into BC's short-term rental crackdown

Tofino, a central Vancouver Island community, will join most major BC cities in restricting short-term rentals to owners’ primary residences despite major opposition from some of its residents. Contraventions of the rules could lead to hefty $3,000-a-day fines.

Airbnb to ban using indoor security cameras

Airbnb said Monday that it's banning the use of indoor security cameras in listings on its site around the world. The San Francisco-based online rental platform said it is seeking to "simplify" its security-camera policy while prioritizing privacy.

Some Airbnb hosts lie about units being a main residence

Months into its operations, a municipal task force responsible for tracking down illegal short-term rentals in Montreal says it can't verify whether people are being honest when applying to rent their space, a task the province can do, but won't.

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