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Saturday , 1 October 2016

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Tridel named 2016 Ontario Home Builder of the Year

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Tridel, Canada’s pre-eminent condominium developer, was named Ontario Home Builder of the Year by the Ontario Home Builders’ Association at its twenty-fifth annual Awards of Distinction last week. The designation “Home Builder of the Year” is the highest honour the industry can bestow, and it is not the first time Tridel has earned it. The award reflects the high value placed on community service, community building, customer care, and professional involvement in an industry that is uniquely defined by its community-building ethos. In selecting the winner, judges consider the nominee’s performance in sales and customer service, its innovation in building design and sustainability, its involvement in the wider community through ... Read More »

Aquabella luxury waterfront condos from Tridel Hines now open

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Those who dream of fine waterfront living in Toronto have new reason to celebrate. The Tridel Hines partnership is announcing that Aquabella, the newest and most luxurious of its three Bayside condominiums, is now open for registration. Taking its place in the brand new waterfront community with Aqualina, set for occupancy in 2017, and Aquavista, also under construction with an occupancy date of 2018, Aquabella offers exclusive waterfront homes from $1 million. It is, as the announcement puts it, “luxury by the lake.” The original announcement back in April generated considerable excitement in part because of Tridel’s selection of 3XN Architects, a Danish firm, to design the building. It marks ... Read More »

Real Estate Council of Ontario launches Be Home Smart campaign for buyers, sellers

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We hear a lot about bidding wars in Toronto’s hot real estate market, but how do buyers, especially first-timers, know how much to bid? This is just one of the questions taken on by the Real Estate Council of Ontario. Today, RECO launched a public awareness campaign, Be Home Smart, to help consumers “keep a cool head in a hot market.” RECO says this is a big challenge for many Ontario home buyers and it wants to help. RECO conducted an online survey in late August as part of its research. Of the 505 randomly selected Ontario adults who had purchased or sold their home within the last five years, ... Read More »

Two Canadian initiatives shortlisted for prestigious socially responsible design prize

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Two Canadian initiatives are among the six finalists announced for the 2016 Buckminster Fuller Institute Challenge, the world’s only socially responsible design prize for projects that employ a “whole-systems approach” to problem solving. It is open to architects, designers, activists, entrepreneurs, artists, planners, scientists and other “comprehensive design practitioners” who present integrated strategies for solving complex problems in a systems context. Problems addressed by this year’s finalists include deforestation, genocide, water, human remains, rainforests, and homes for marginalized populations. There is a cash prize of $100,000 for the winner. One of the Canadian entries is from a group called The Sentinel Project, a non-profit formed in 2008. Its mission is ... Read More »

As Toronto home prices soar, condos remain the affordable option

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The real estate brokerage TheRedPin says that it is different from other brokerages. For one thing, it has a different way of calculating commissions for its agents. For another, it provides a lot of interesting and useful information about the housing markets in Toronto and Vancouver, statistics and analysis not available elsewhere. This week it added to that fund of handy information by releasing a study showing how much household income is needed to buy the average home in Toronto, based on average home prices, taxes, utilities, and a Gross Debt Service Ratio of 32 per cent. Needless to say, average home prices are high, and so is the income ... Read More »

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