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Wednesday , 29 March 2017

Monthly Archives: January 2016

Register now for North York’s sweetest condos: Parfait, from Tridel Dorsay

The Tridel Dorsay condominium community of Atria has been a runaway success since it launched in 2012. First came Alto and Parkside, then Trio, each a distinctive part of a grand master-planned community conveniently located on Sheppard Avenue east of Highway 404. Now Tridel is announcing the sweet icing on the cake, or the cherry on the top. Parfait at Atria is now open for registration. Parfait will be a boutique condo, occupying a unique, special place among the other three buildings in the delightful Atria community, packed with fine-living features and amenities to make life sweeter for residents. Find out more about Parfait’s “deliciously priced, delectably spacious” suites at ... Read More »

First TREB outlook report sees potential sales growth in 2016

The year just ended set a new record for residential real estate sales in Toronto. Will this year set another? There’s a good chance it will, according to the Toronto Real Estate Board’s first ever Market Year in Review and Outlook Report, released today with some fanfare. TREB is forecasting home sales between 96,500 and 105,000 in 2016. If the higher number proves accurate, it will indeed surpass 2015’s 101,229 sales. But are there good reasons to expect this? There are. Not least is the finding that fully 12 per cent of GTA households say they are “very likely” to purchase a home in the coming year. More than half ... Read More »

Condo board meetings in Mandarin; discriminatory or just efficient?

Should a Canadian condo board be allowed to conduct its business in Mandarin Chinese rather than English or French? This is the question being put to the British Columbia Human Rights Tribunal by a group of condo owners whose board, or strata council as they are called in BC, informed them recently that from now on meetings would be conducted in Mandarin. Most board members are Chinese, and they find it more efficient to conduct the council’s business in that language. English-speaking condo owners who attend meetings have no idea what they are talking about. The majority of the owners, 70 per cent, speak Mandarin. A common reaction to the ... Read More »

Saks, Nordstrom facing “choppy” year for commercial real estate in Canada

Target, everybody agrees, failed spectacularly in its move into the Canadian retail market. It was almost literally a case of here today, gone tomorrow. They built them, but the people didn’t come. Undeterred, a couple of other big US retailers, ones that sell to the carriage trade rather than the bargain hunters, are set to either land or expand their presence here this year. Saks Fifth Avenue is opening two stores in Toronto next month, and Nordstrom, the high-end department store based in Seattle, will open three Toronto area stores this year and next. The Eaton Centre will house both of the newcomers to Toronto. This is happening in a ... Read More »

What to do if you get stuck in an elevator

On New Year’s Eve in New York City, a man who had just left a party in an apartment building found himself in a stalled elevator on the third floor. As he attempted to leave the elevator, it suddenly started to move again, and he was pinned and killed. The same night, on a cruise ship out of Miami, a worker was killed while repairing one of the ship’s passenger elevators. Two elevator deaths in a single night might give the impression that elevators are very unsafe, but that would be a false impression. Such events are actually quite rare. The body that regulates elevators in Ontario, the Technical Standards ... Read More »

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