Canada's Condominium Magazine

Monthly Archives: January 2013

New app gives community info for home seekers

We’re not sure whether parents will trust an app from a real estate company, even a “lifestyle-based” one, to help them decide what school to send their “little ones” to, but the app is now available. It comes to us from Better Homes and Gardens Real Estate Canada (BHGREC) and it is free. “Community Scout”… Continue Reading

“Rising star” Quebec designer headlining at Toronto Interior Design show

“Rising star” Quebec designer headlining at Toronto Interior Design show

One of the Daylights, inspired by plantation shutters, from Philippe Malouin.  Shutters lined with LED lights create “artificial windows” with light that creates the illusion of daylight streaming through a window and reflecting off the shutter onto the wall. Montreal-born, London-based Philippe Malouin is described as a rising star in the design world. He has… Continue Reading

Condo owners don’t want a licensed restaurant in their building

Condo owners don’t want a licensed restaurant in their building

Mixed use and living above the store: it works in Danforth’s Greektown. But Queen St condo owners don’t want a licensed restaurant in their building. The Real Jerk is almost a Toronto institution. When the Caribbean-style restaurant was evicted from its original premises, loyal patrons had some anxious times wondering if the place would ever… Continue Reading

Second-time buyers will drive housing market in coming months: RE/MAX

Second-time buyers will drive housing market in coming months: RE/MAX

Survey shows that home buyers in the coming two years will be mainly second-timers, more mature and experienced, with good down payments. We’ve been reading a lot in recent months about the dampening effect Jim Flaherty has had on the real estate market in Canada, and especially in Toronto. Thanks to his intervention and tightening… Continue Reading

Downtown Toronto population growing and getting younger

Downtown Toronto population growing and getting younger

300 Front Street West from Tridel, now under construction. The influx of 19–39-year-olds is driving the condo boom.  Toronto is getting younger. Almost half the population of the downtown core is in their mid-30s. While the median age in the rest of the province is mid-40s, Toronto’s downtown core, which includes Trinity-Spadina and Toronto Centre,… Continue Reading

Formica at 100: new products roll out next week at Las Vegas builders’ show

Formica at 100: new products roll out next week at Las Vegas builders’ show

The epitome of fifties style to many: Formica tabletops and chrome and vinyl chairs. Formica is 100 years old this year. A new retrospective line of products will be unveiled next week at the Las Vegas International Builders’ Show. The year 2013 marks the centenary of one of the world’s most famous and ubiquitous brands:… Continue Reading

Other Popular Stories

15 percent non-resident speculation tax becoming reality for Ontario; may help temper “frantic” real estate market “without unintended consequences”

15 percent non-resident speculation tax becoming reality for Ontario; may help temper “frantic” real estate market “without unintended consequences”

As expected, Kathleen Wynn moved to cool down the sizzling hot GTA real estate market with a bundle of measures, led by new 15 percent non resident speculation tax. Investors who are residents are exempt, although separate “policies” may also target locals. Expanded rent controls are also certain. “When I talk about the frenzy in…

Ask the Lawyer: Condo owner wants action on noisy Airbnb “tenants”

Ask the Lawyer: Condo owner wants action on noisy Airbnb “tenants”

Reader Question: “I believe my neighbour is renting out with Airbnb. I see people I don’t know coming and going, making lots of noise. I also don’t feel safe in this environment. What can I do about this? So far, complaining to management hasn’t helped.” Do you have a question for Richard? Please reach out…

Sousa again promises action in GTA real estate market and rent controls in “coming week”

Sousa again promises action in GTA real estate market and rent controls in “coming week”

In another of several announcements promising action on the Ontario housing market — this one promising “in the coming week” — Ontario’s Finance Minister Charles Sousa revealed more details of the pending plan to rein in speculative market pricing in the GTA area. A combination of low supply and excessive demand has thrust house pricing…

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