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Sunday , 22 January 2017
  • When considering a condo purchase, be sure to check out the builder

    When considering a condo purchase, be sure to check out the builder

    Conversations about the Toronto housing market invariably focus on a couple of key, related issues. Affordability is one, availability the other. Whether talking about the resale market or the new homes market, the high cost of housing tends to dominate discussions. One of the main reasons for the high cost is, of course, the lack of supply, or inventory. According to the Building Industry and Land Development Association (BILD), the “persistent” lack of homes, both high rise and low rise, has driven prices to unprecedented levels in recent months. Housing supply has plummeted to unprecedented levels. In November, available housing for sale reached its lowest level since 2000. So scarce have low-rise homes become in the GTA that more and more potential buyers are looking at the condo option. According to the Toronto Real Estate Board, sales of condos rose by 20 per cent in 2016, compared to the year ... Read More »
  • Tridel announces Via Bloor, new condo residences, retail on Bloor Street East

    Tridel announces Via Bloor, new condo residences, retail on Bloor Street East

    Unlike so many areas of downtown Toronto, the stretch of Bloor Street East between Sherbourne and Parliament has remained virtually unchanged for many years. The north side of Bloor runs parallel to the Rosedale Valley at this point, and, with no buildings to obstruct, offers a pleasant view of greenery to pedestrians and motorists. The Castle Frank subway station is the main feature on this side of the road. The south side of the street has few buildings, one notable exception being the Church of St. Peter and St. Simon, which dates to 1887 and was originally built to serve the “south Rosedale” Anglican community. A little further west is the Sherbourne St. subway station, and from that point on Bloor Street comes alive, stretching all the way west to the “mink mile” and Yorkville. Across the viaduct to the east is the vibrant Danforth community. Now it can be ... Read More »

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