What does the Future Hold for 381 Yonge Street?
By Penny MunozRecently, the Yonge Street Mission (YSM) sold its founding location at 381 Yonge Street in Toronto. The agreement with the purchaser (a private equity real estate company) states a closing date of September 2016.Judy Hunter, Board Chair of
Is the GTA Lacking Affordability and Diversity in Housing?
A recent TD Economics report on housing in the GTA has outlined a number of challenges that need to be overcome in order for the region to remain viable economically, socially and environmentally secure.In many aspects, the report is in keeping with the
The GTA has less than 2 months of new low-rise inventory
The Building Industry and Land Development Association (BILD) just released its new home sales figures for April 2016, announcing another record-breaking month with the low-rise inventory hitting an all-time low and prices hitting all-time highs. As of
Trimart: 74% of Annual Forecast Achieved
As of the end of September, the new low-rise market has reached 74% of Trimart Research Corporation’s annual forecast. With 1,542 new low-rise sales, September saw an increase of 26% compared to August. The most successful region of the Total Market Area
Trimart: A Look at April’s Numbers
April's new low-rise sales stats are in, and it appears as though the new home market in the Greater Toronto Area is starting to warm up. According to Trimart Research Corporation, Total Market Area sales are up 26.2 percent compared to March, with the
Daniels Waterfront in Toronto Unveiling Soon!
For the past couple years, the spotlight has been on Toronto’s waterfront. With so many master-plans and large residential and commercial developments in the works, it’s hard to not to keep turning east to see what the future holds for Toronto. Last May,
The Hidden Costs of Popular Mortgages
Four popular mortgage terms: the venerable five-year fixed, the conservative 10-year fixed, the open mortgage, and the full-featured mortgage with big pre-payment privileges, why people pick these terms and how statistics impact each term's total cost of
Fairview Condominiums in St. Catharines is nearly 50% sold!
We just received news that Fairview Condominiums in St. Catharines by Niagara Innovative Living is nearly 50% sold! That’s significant because there are just 27 suites in total at this new boutique condo. With construction underway, Niagara Innovative
Is Florida the next hot spot for real estate investors?
We have some interesting news for real estate investors in the Greater Toronto Area (GTA) looking for a second or third vacation home in Miami. Florida-based sales and marketing company, Pordes Residential, has announced a strategic partnership with
Downtown Condos and Social Housing
Through Section 37 of the City of Toronto’s Planning Act, it is possible to get social housing incorporated into some of the larger scale condo developments in Toronto. But wait. What is Section 37, and do we want social housing units mixed with luxury
