Recent Articles
Marlin Spring focuses on families with Richmond Hill Ivylea towns
Marlin Spring's Richmond Hill Ivylea towns focus on family
For Toronto-based builder and developer Marlin Spring Development, the Ivylea townhome project in Richmond Hill embodies a concentration on communities that are livable, affordable, long-lasting, accessible and mature well.
Manitoba non-profits housing projects may be for sale
Thousands of social housing units could land in private hands as operating agreements between the Manitoba government and non-profit organizations expire, creating a funding gap that may force organizations to sell buildings they can no longer afford.
Here's how 5 global cities create stable housing options
With the issue of renting top of mind for Toronto residents, here is how Copenhagen, Melbourne and Vienna offer insights on how to tackle the issue of attainable housing along with Seoul’s rent-free rental scheme and Singapore’s 99-year leases.
Prefab daycare centres, with workforce housing, proposed
Vancouver councillors are proposing to tackle the city’s long-running child-care shortage by using prefabricated construction to quickly assemble daycares, with on-site housing for staff. The proposal would direct city staff to identify public land where child-care spaces could be built.
The tyranny of unique rules in Mtl.'s 19 urban districts
In Quebec, municipalities would benefit from updating regulations, says Isabelle Melançon, CEO of the Urban Development Institute (IDU). In Montreal, there are 19 districts where each has unique constraints. With projects in multiple jurisdictions, it's like operating in different countries.
Would developers build 6-storey apt. buildings in Toronto?
The City of Toronto planning and housing committee has approved opening public consultations on proposed zoning changes that would permit buildings up to six storeys and 30 units in neighbourhoods zoned for residential along these streets.
The little 'holdout' house at Yonge and Eglinton finally sells
For 50 years a small house near Yonge and Eglinton was owned by the same family – the last holdout as high-rises went up around it. The owner sold the property this month for more than $1 million over asking.
Factors in U.S. and Canadian home building are different
The month-to-month descending path of U.S. housing starts due to progressive increases in interest/mortgage rates and pricing has not yet ended. In Canada in 2023, while bouncing around from month to month, they’ve basically stabilized around 240,000 units annualized.
Homeowners brace for mortgage payment shock
With interest rates increasingly expected to stay higher for longer, many Canadian homeowners who locked in low rates years ago are likely bracing themselves for financial pain as their mortgages come up for renewal.
Commissions tempt mortgage pros to favour variable rates
A recent upswing in fixed-rate mortgages may tempt some mortgage professionals to nudge clients toward variable rates – in part to benefit from higher commissions – despite high uncertainty about where rates are headed, said Ron Butler, founder of Butler Mortgage.
Get a lawyer, co-ownership agreement if buying with friends
When it comes to buying a home, a single successful millennial or Gen Z might not be able to buy a property on their own, but partnering with one or two others is a plausible scenario if executed carefully.
Buying a Toronto house today vs. boomer buyers of 1990
In roughly the last three decades, median incomes for individuals in the Toronto area have remained the same when adjusted for inflation, while the price of the average home has soared past the million-dollar mark.
Astronomy-themed B&B in Osoyoos closes after 23 years
For over two decades an astronomy-themed B&B in the Okanagan offered not only a place to spend the night, but a tour of the universe. Observatory B&B patrons have gazed from a rooftop telescope for the last time.
E. Ontario retreat pays its way with summer rentals
In 2020 as the pandemic advanced, it was a wild time for real estate, particularly recreational properties. Over the August long weekend that year two families paid about $4 million for a 33-acre beachfront cottage without seeing it.
Toronto apt., once a carriage house, rents for $4,600 a month
Built in the 1800s, this two-storey apartment at 368 Sumach St. is a bright one-bedroom, two-bathroom building right beside Riverdale Park. The space holds a lot of history and rustic charm as it used to house Clydesdale horses and carriages.
Short-term rentals push up apt. rents: BCHA report
A McGill University report, commissioned by the B.C. Hotel Association (BCHA) and led by professor David Wachsmuth, found that between 2017 and 2019, the growth of short-term rental units accounted for 19.8 per cent of rent increases in the province.
'Ghost hotels' need to go says Edmonton neighbour to Airbnb
An Edmonton resident is questioning why it took three years of complaints about an Airbnb next door before the short-term rental was shut down. Devon Beggs and his partner realized the house next door had Airbnb units after moving in.
Ontario rental registry reveals what the neighbour is paying
Ontario residents can now benefit from a newly launched platform hoping to bring transparency for apartment tenants. The Ontario Rental Registry designed by non-profit organization Vivre en Ville, is a crowdsourced platform where tenants can input rental information.
Does Quebec have 12,000 social housing units under development?
There are 99 social housing projects, representing 4,454 units, "in progress", according to data from the Société d'habitation du Québec (SHQ). There are also 7,655 housing units “in development” in 171 housing projects yet to receive financial support.
Vancouver Island residents can donate property value to First Nations
Chief Abraham Pelkey of the Tsawout First Nation leads one of 10 nations on Vancouver Island which are starting to receive funds from the South Island Reciprocity Trust, to which residents can voluntarily donate a fraction of their property value.
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Canada Real Estate Auctions
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