Canada's Condominium Magazine

Monthly Archives: August 2014

CMHC reveals more data on condo investors in Toronto, Vancouver

CMHC reveals more data on condo investors in Toronto, Vancouver

Canada Mortgage and Housing Corporation has released its much-anticipated report on the role of investors in the condo markets of Toronto and Vancouver. The report, based on a survey of more than 42,000 households in the two cities, is intended to give market watchers and interested parties a clearer understanding of how investors’ activities affect… Continue Reading

New condos coming to historic Islington Village

New condos coming to historic Islington Village

Islington Village in Etobicoke is one of Toronto’s more colourful neighbourhoods, one that likes to show off its history. Since 2004, the village, whose main thoroughfare is Dundas Street, between Kipling Avenue and Montgomery Road, just east of Islington Avenue, has transformed itself into an outdoor art gallery. The Islington Village of Murals, as it… Continue Reading

Near-record GTA home sales in July

Near-record GTA home sales in July

Toronto home sales continued to soar in July, with year-over-year growth of 10 per cent. With 9,138 sales reported through the Toronto MLS system, it was the second-best July sales result on record, according to Toronto Real Estate Board President Paul Etherington. The greatest increase in sales was seen in the condominium category. Total GTA… Continue Reading

Retailers demanding lower swipe fees on credit card use

Retailers demanding lower swipe fees on credit card use

A coalition representing more than 90,000 small and medium size businesses in Canada is promising that consumers will benefit if the federal government takes steps to reduce credit card swipe fees in this country. The Small Business Matters Coalition was formed specifically to deal with the “burden” of swipe fees, the charge that merchants must… Continue Reading

The Supreme Court of Canada Decision on Public Disclosure of Home Selling Prices Sends Case Back to Competition Tribunal

The Supreme Court of Canada Decision on Public Disclosure of Home Selling Prices Sends Case Back to Competition Tribunal

Wherever you stand on the hot topic of public disclosure of home selling prices by the Toronto Real Estate Board (TREB), you’ll have to wait for a decision. The Supreme Court of Canada, last week, decided not decide. Instead, they sent the case back for a new trial in front of the Competition Tribunal. The… Continue Reading

Other Popular Stories

Easter can be dangerous for pets and children: lilies, ham and chocolate can be toxic

Easter can be dangerous for pets and children: lilies, ham and chocolate can be toxic

Easter can be dangerous for young children and pets if condo owners display seasonal Easter lilies and other flowers. Also topping the list of easter cautions for pets in particular: ham is dangerous for cats and dogs and can cause pancreatitis tasty packaging: good foods with tasty smells can be ingested by pets, leading to choking…

Ontario to target real estate "scalpers" with "responsible reforms" to help cool rises in home prices

Ontario to target real estate "scalpers" with "responsible reforms" to help cool rises in home prices

As expected, Finance Minister Charles Sousa announced that pending Ontario government intervention will target speculators — an attempt to help ordinary buyers and sellers. He emphasized that the Ontario government would not be targeting real estate agents who facilitate bids. In his remarks to journalists at Queen’s Park, he compared speculators to “scalpers” who grab…

Ask the Lawyer: Richard Hoffman replies to a reader concerned over a fire caused by a resident with dementia

Ask the Lawyer: Richard Hoffman replies to a reader concerned over a fire caused by a resident with dementia

By popular demand, Condo.ca, Canada’s Condominium Magazine, is pleased to bring back “Ask the Lawyer.” We invite readers to submit their condo related questions to Richard Hoffman, a lawyer with DelZotto, Zorzi LLP, practicing in the area of condominium law. Do you have a question for Richard? Please reach out to us through our contact…

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