Canada's Condominium Magazine

Monthly Archives: May 2014

Canadians positive about their mortgages, but housing supply needs addressing

Canadians positive about their mortgages, but housing supply needs addressing

A new look at the residential mortgage market in Canada places the blame for troubles in the housing market today squarely on the shoulders of the federal government. Mortgage lending in pre-recession days was “clearly too lax” and needed tightening, says Will Dunning, in “Looking for a New Normal in the Residential Mortgage Market.” The… Continue Reading

Tridel introduces Atmosphere: signature suites at Front and John

Tridel introduces Atmosphere: signature suites at Front and John

Amid reports that sales of properties listed at $1.5 million or more are soaring in Toronto, Tridel  is introducing its own high-end line of luxury suites at the newly completed 300 Front Street West condominiums. Atmosphere is a collection of penthouse and signature suites on the top floors of the forty-nine-storey ultra-modern building across the… Continue Reading

Slight decline in affordability of homes except condos, says RBC

Slight decline in affordability of homes except condos, says RBC

Buying a home in Canada, and in Ontario, has become a little less affordable over the first four months of the year, according to RBC economics, the result of rising home prices and short supply in “top-tier markets.” Strong price growth in Toronto, Vancouver, Calgary and Edmonton is responsible for the decline in national affordability… Continue Reading

Other Popular Stories

Rental Fairness Act: Act of kindness, or barrier to affordable housing? Either way, it will change everything for renters.

Rental Fairness Act: Act of kindness, or barrier to affordable housing? Either way, it will change everything for renters.

With 1.2 million rental households in Ontario, frequently rented from condo-owners, the stakes are high for Ontario residents in a “fairness” rental act. Ontario is following through on their announcements of rent control reform. A news release from Ontario’s Ministry of Housing makes it clear The Rental Fairness Act, 2017, is a coming reality. It’s safe…

Ask the Lawyer: Condo owner worried about legalization of marijuana, if “every household can grow 4 plants… damage could be vast”

Ask the Lawyer: Condo owner worried about legalization of marijuana, if “every household can grow 4 plants… damage could be vast”

Reader Question “I have one concern that is up coming and both Property Management Corp and the Board of Directors should address: it is the legalization of marijuana. With that, every household can grow 4 plants at home. However, if we allow growth of marijuana in a condo unit, the damage could be vast; affecting…

3D printed homes from recycled materials are both green and economical; ideal for low-cost housing?

3D printed homes from recycled materials are both green and economical; ideal for low-cost housing?

3D printing is not new to the construction industry, although a new development from Apis Cor may make it more practical for some applications such as low-cost housing in Municipalities. Unlike older 3D printers, which run on tracks inside “factories” to produce components, the Apis Cor is the first 3D printer that is mobile enough…

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