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Wednesday , 29 March 2017

Monthly Archives: February 2015

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 sports officials in July and August. After that, the village will become a mixed-use neighbourhood of condominiums and affordable rental units, shopping and parkland. The West Don Lands development is part of Waterfront Toronto’s master plan for the waterfront. It extends from Parliament Street east to the Don River, south from King Street. The decision ... Read More »

Debunking the myth of the ground floor taboo

Never buy (or rent) a condo on the ground floor of the building. This is one of those bits of received wisdom that most people “know” to be true, and they won’t change their minds no matter what. The response of the woman who told her realtor, “Ground floor? No thanks! I value my life.” is fairly typical. Everyone “knows” that living on the ground floor is an invitation to burglars and other criminals to enter at will. Not only that, but living on the ground condemns you to a life of misery due to noise from upstairs neighbours and from the street; noxious smells from garbage bins, road traffic ... Read More »

Canada’s housing markets mostly reasonable, balanced: BMO

There’s nothing like a banker to put things in perspective. A new “special report” from BMO Capital Markets has the somewhat misleading title Canadian Housing Market: A Winter Chill. This title may lead one to expect a lot of bad news and gloomy forecasts about where the market is headed, but that isn’t exactly what Sal Guatieri ends up giving us. Instead, he sketches a real estate landscape in which most markets are balanced and housing prices are, on the whole, “reasonable.” Yes, sales have slowed in Alberta and Saskatchewan, and demand is weak in Quebec, but BC and Ontario are doing fine. In a listing of major cities rated ... Read More »

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. When Tridel uses the word “community” to describe Metrogate, they are not speaking in metaphors. The entire Metrogate project was planned to be a neighbourhood in the traditional sense of the word, a place with pedestrian-friendly streets, retail, daycare, access to transit, and a grand central park for children to play and for holding community ... Read More »

Mobile commerce and banking surging in Canada

“Give the lady what she wants” is supposed to have been the retail philosophy of department store mogul Marshall Field, a Chicago version of Toronto’s Timothy Eaton. It’s an idea that still, more or less, guides retailers and service providers today. And today what the lady wants, and the gentleman too, is mobile commerce. PayPal says that mobile commerce is growing faster than any other segment, from less than 1 per cent of payment volume in 2010 to more than 20 per cent just four years later. Even more remarkably, PayPal projects that compound annual growth for mobile commerce in the years 2013–2016 will be 34 per cent. In 2013, ... Read More »

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