Canada's Condominium Magazine

Monthly Archives: April 2016

Competition Tribunal finds Toronto Real Estate Board anti-competitive

Competition Tribunal finds Toronto Real Estate Board anti-competitive

Protecting consumers’ privacy or acting with “malice and forethought” to stifle competition? Helping consumers get the best available information, or hindering them from doing so? Fostering industry best practices or standing in the way of them? Canada’s Competition Tribunal has at last ruled on a long-simmering dispute between the Commissioner of Competition and the Toronto… Continue Reading

Tridel named Home Builder of the Year and Green Builder of the Year

Tridel named Home Builder of the Year and Green Builder of the Year

Tridel has been honoured by the Greater Toronto Area building industry, receiving several prestigious awards, including Home Builder of the Year. For the first time, the Building Industry and Land Development Association (BILD) gave its top award to a mid/high-rise builder, Tridel, and a low-rise builder, Great Gulf Homes. The Home Builder of the Year… Continue Reading

CMHC concerned about overvaluation, overbuilding in Canada's housing markets

CMHC concerned about overvaluation, overbuilding in Canada's housing markets

Every discussion of the housing market in Canada inevitably distinguishes between the Toronto-Vancouver reality and the rest of the country. Housing prices are famously higher in Vancouver than anywhere else in Canada, followed by Toronto. Prices rise faster in Vancouver than anywhere else, followed by Toronto. But Toronto is considered a less balanced market than… Continue Reading

CMHC concerned about overvaluation, overbuilding in Canada’s housing markets

CMHC concerned about overvaluation, overbuilding in Canada’s housing markets

Every discussion of the housing market in Canada inevitably distinguishes between the Toronto-Vancouver reality and the rest of the country. Housing prices are famously higher in Vancouver than anywhere else in Canada, followed by Toronto. Prices rise faster in Vancouver than anywhere else, followed by Toronto. But Toronto is considered a less balanced market than… Continue Reading

Charge cell phones on house plants: start-up creates electricity from photosynthesis

Charge cell phones on house plants: start-up creates electricity from photosynthesis

If photosynthesis is powerful enough to grow a tree 300 feet tall, can it also power a cell phone charger? Yes, it can, say some university student/entrepreneurs from Spain whose company, Arkyne Technologies, specializes in renewable energy. Using the brand name Bioo, the Spaniards are currently raising money via Indiegogo to finance development of their… Continue Reading

Few millennials are ready to buy, but the housing market does not wait: BMO

Few millennials are ready to buy, but the housing market does not wait: BMO

Everyone is interested in what the millennial generation is thinking because millennials make up the largest demographic. It’s estimated that there are approximately 80 million of this generation, aged (loosely) 19–35, in the US. That means roughly 8 million in Canada. They are always in the news, and always being surveyed for their views on… Continue Reading

Office condo market "taking off" in Toronto: Colliers International

Office condo market "taking off" in Toronto: Colliers International

It used to be that office condos were relatively scarce, mainly used by suburban medical doctors, clinics and labs.  Today, with commercial real estate experiencing strong capital appreciation and interest rates low, there is growing demand for office condos, presenting a good opportunity for developers to build more of them, according to a report by… Continue Reading

Office condo market “taking off” in Toronto: Colliers International

Office condo market “taking off” in Toronto: Colliers International

It used to be that office condos were relatively scarce, mainly used by suburban medical doctors, clinics and labs.  Today, with commercial real estate experiencing strong capital appreciation and interest rates low, there is growing demand for office condos, presenting a good opportunity for developers to build more of them, according to a report by… Continue Reading

Other Popular Stories

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…

The Greater Golden Horseshoe could become greater, golder, and greener: Ontario updates land use plans

The Greater Golden Horseshoe could become greater, golder, and greener: Ontario updates land use plans

In an effort to improve livability in the Greater Golden Horseshoe, while protecting the environment, Ontario has passed updated land use plans intended to encourage sustainable communities. The plans were released on May 18, 2017 after two years of review.     These include updates to the Greenbelt Plan, the Growth Plan for the Greater Golden…

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