Canada's Condominium Magazine

Monthly Archives: March 2012

More modest rises in February home prices show market is balancing: CREA

More modest rises in February home prices show market is balancing: CREA

Construction progressing on Tridel’s 300 Front Street West. Torontonians bought more than 26,000 new condos last year. Prices are moderating in Canada’s housing market, according to CREA numbers for February. Rises in home prices in Canada are slowing, statistics released by the Canadian Real Estate Association (CREA) show. In February, the Aggregate Composite MLS Home… Continue Reading

Cottage condos arrive in Ontario

There are plenty of vacation spots where you can rent a “cottage condo” for a season or a couple of weeks, but there aren’t many places where you can buy into a cottage community the same way (or nearly) as you would in a downtown condo tower. That situation is changing: an Ontario subsidiary of… Continue Reading

Several Tridel buildings nominated for BILD Awards

Several Tridel buildings nominated for BILD Awards

Tridel, the “defending champion” Green Builder of the Year–High-Rise, is nominated for a slew of BILD Awards this year, many of them for suite design. The Building Industry and Land Development (BILD), which is honouring the best in the residential construction industry on April 27, announced the finalists today. It’s the 32nd edition of the… Continue Reading

Real estate market stabilizing in GTA: BILD

Real estate market stabilizing in GTA: BILD

Model suite at Tridel’s Parc Nuvo, nearing completion. Price updates for 2-bedroom suites are available. While talk of a real estate bubble and an inevitable correction continues in the media, the Building Industry and Land Development Association (BILD) takes a more measured view of the current real estate market in the GTA. Armed with the… Continue Reading

Other Popular Stories

Even with a dip in home sales, as markets adjust to new rules, new home pricing remains high due to low supply and “right sizing” dilemma

Even with a dip in home sales, as markets adjust to new rules, new home pricing remains high due to low supply and “right sizing” dilemma

Although some recent reports show a drop in actual resale sales — in the short-term dramatic double digit drops according to some brokers — prices are showing no sign of dropping on new homes.[1] The Building Industry and Land Development Association recently released data detailing rising costs for new detached and semi-detached homes, as well…

Living comfortably in 500 square feet or less; modular convertible multi-purpose furniture makes the difference

Living comfortably in 500 square feet or less; modular convertible multi-purpose furniture makes the difference

Size is relative. An object that is small to you may be quite large to another person, and vice versa. The same holds true for nearly everything. A relatively small space that leaves one person feeling claustrophobic can — with a little planning and some modular furniture (see videos below) —  be considered spacious and…

More Ontario rules: modest help for seniors and refugees and immigrating nominees

More Ontario rules: modest help for seniors and refugees and immigrating nominees

Ontario has recently introduced legislation geared toward homebuyers and seniors. If the legislation passes, it should make housing much more affordable — although the intended result isn’t always the same as the final outcome in a real market.     Aside from the 15% Non-Resident Speculation Tax (previously reported>>) for non-Canadian citizens, non-permanent residents, and non-Canadian…

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