Canada's Condominium Magazine

Monthly Archives: May 2014

Strong Q1 for new home sales in GTA

Strong Q1 for new home sales in GTA

The new-home market in the GTA continues to show signs of vigour. Sales of new homes in April were up 17 per cent over the same period last year, RealNet Canada reports. In the GTA in April, 3,243 new homes were sold. Homes in the low-rise category—single detached, semis and townhouses—had the strongest sales. Low-rise… Continue Reading

Tour the sumptuous amenities of Blythwood at Huntington

Tour the sumptuous amenities of Blythwood at Huntington

Blythwood at Huntington is a rarity in Toronto, a blend of urban sophistication and luxury situated in a park-like setting that’s all natural. The new condo community from Tridel and Concert sits in one of the city’s loveliest, leafiest neighbourhoods, Lawrence Park, overlooking the Sherwood Park Ravine near Eglinton and Bayview. The country club setting… Continue Reading

Price growth to slow in Toronto’s housing market: CMHC

Price growth to slow in Toronto’s housing market: CMHC

The word for Toronto this year seems to be “resilient.” The city was named the world’s most resilient city by a British property company, Grosvenor Group, in April. Now Canada Mortgage Housing Corporation (CMHC), under a headline that proclaims the resilience of Toronto’s real estate market, says that housing starts are set to decline this… Continue Reading

Toronto Public Library reveals new literary map of Toronto

Toronto Public Library reveals new literary map of Toronto

Toronto didn’t make it onto the list of top 10 literary cities put together by National Geographic magazine in 2011 (a list on which Edinburgh and Dublin both took precedence over London, for unexplained reasons), but that doesn’t mean this isn’t a city of books, readers, authors and literary connections. The Toronto Public Library has… Continue Reading

Canadian honoured with Lifetime Achievement Award at Venice Biennale

Canadian honoured with Lifetime Achievement Award at Venice Biennale

One of Canada’s best-known architect/philanthropists has been named the recipient of the prestigious Golden Lion award at the Venice Architecture Biennale. Phyllis Lambert, daughter of Seagram liquor magnate Samuel Bronfman of Montreal, receives the Lifetime Achievement Award for “her huge contribution to architecture.” The Venice Biennale chair and director singled out Lambert’s role “as a… 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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