Canada's Condominium Magazine

Monthly Archives: February 2015

Milestone in waterfront development as Athletes’ Village completed

Milestone in waterfront development as Athletes’ Village completed

The massive redevelopment of Toronto’s waterfront reached another milestone today. The Ontario government announced that construction of the athletes’ village for this summer’s Pan Am and Parapan Am Games is now officially complete. The village, located in the West Don Lands area of the city, will be the temporary home of several thousand athletes and… Continue Reading

Preview newest suites at award-winning Metrogate community from Tridel

Preview newest suites at award-winning Metrogate community from Tridel

Tridel is inviting the public to come and take a look at the latest phase of its popular, award-winning master-planned Metrogate community in Scarborough. The brand new, affordably priced Avani 2 will stand next to its sister building Avani 1, now under construction. The two condominium towers will be connected by a two-storey glass-faced podium.… Continue Reading

Cold February weather no deterrent to Toronto home buyers

Cold February weather no deterrent to Toronto home buyers

The Toronto resale housing market continues to operate with apparent indifference to what happens in the rest of the country. While the Canadian Real Estate Association (CREA) reported that national home sales were down 3.1 per cent in January compared to the previous month, sales in Toronto continued to rise in January and the first two weeks… Continue Reading

Youthification of neighbourhoods studied by Waterloo academics

Youthification of neighbourhoods studied by Waterloo academics

Is widespread inter-generational conflict the next social problem we will have to deal with in our cities? Are cities like Toronto and Vancouver seeing the creation of ghettos of youth where older people will no longer be welcome and where they will enter at their peril? An urban geographer from Waterloo University, Markus Moos, finds… 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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