Canada's Condominium Magazine

Monthly Archives: July 2013

SPIN: urban farming for fun and profit

SPIN: urban farming for fun and profit

A presentation at Ryerson University a few years ago on the subject of urban agriculture began with a couple of provocative questions: are locavores for real? Is the flurry of interest in locally grown, locally raised and locally processed (food) just a passing fad? There are no simple answers to those questions, but the fact… Continue Reading

Landmark Toronto skyscraper achieves LEED Gold

Landmark Toronto skyscraper achieves LEED Gold

To understand the importance of the Toronto Dominion Centre in the development of Toronto as a city with global ambitions in the financial sector, just look at photos of the Toronto skyline in 1970. Besides the Royal York Hotel and the Canadian Imperial Bank of Commerce headquarters on King Street, there is nothing else there.… Continue Reading

New record in Toronto commercial real estate investment

New record in Toronto commercial real estate investment

Toronto’s housing market may have returned to normal levels over the last few months, but the commercial real estate sector is setting new records. Investment in commercial real estate in Toronto reached $4.9 billion in the second quarter of 2013, according to RealNet Canada. This was higher, by $1 billion, than the previous high mark… Continue Reading

RE/MAX report great source for real estate junkies and serious home buyers

RE/MAX report great source for real estate junkies and serious home buyers

Observers of the Toronto real estate market will be familiar with the general concepts: affordability draws home buyers to certain areas, and availability, or lack thereof, drives prices up. These two factors have always driven the market, and the new RE/MAX analysis of Toronto’s housing market makes it clear that they continue to do so.… Continue Reading

Fourth consecutive month of improved sales brings housing market to near-2012 levels

Fourth consecutive month of improved sales brings housing market to near-2012 levels

Home sales improved in two-thirds of Canada’s real estate markets in June, the Canadian Real Estate Association (CREA) reports. The number of homes sold rose 3.3 per cent compared to May’s sales, the fourth consecutive month to show an increase. The combined monthly increase in sales since February is now 11 per cent. On a… Continue Reading

Tridel, Tower Labs leaders in supporting BIM in Toronto’s building industry

Tridel, Tower Labs leaders in supporting BIM in Toronto’s building industry

It has been called a revolution in the global construction industry. And as with all revolutions, those who catch the wave will be swept to greater heights; those who miss it or resist will be left behind. “It” is BIM—Building Information Modeling—and governments, educational institutions and industry leaders around the world are rapidly realizing that… 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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