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Trends and development of Canada's condominium market.

$40 billion 10-year national housing strategy aimed at cutting homelessness by 50 percent; build 100,000 affordable housing units

$40 billion 10-year national housing strategy aimed at cutting homelessness by 50 percent; build 100,000 affordable housing units

The federal government outlined an ambitious new plan to help build 100,000 new affordable housing units and repair 300,000 existing units. The goals are lofty: a cut to chronic homelessness by 50 percent, and to directly provide assistance to 300,000 households through the $4 billion “Canada Housing Benefit.” In his announcement, Prime Minister Trudeau pointed… Continue Reading

Is Airbnb’s new “partnership” for condos a benefit to condo owners or a move to make condos more hotel-like?

Is Airbnb’s new “partnership” for condos a benefit to condo owners or a move to make condos more hotel-like?

Neptune Condominiums in Toronto has recently made waves as the first in Canada to sign with Airbnb, officially allowing residents to oppenly offer their condos up to vacationers looking for short-term rental properties. While most condominiums are moving to prohibit short-term leasilng through their bylaws and rules, Neptune embraced the condo-airbnb concept.     Whether… Continue Reading

The numbers game: with the 340,000 immigrants each year promised by the Federal Government, housing prices and rent will rise

The numbers game: with the 340,000 immigrants each year promised by the Federal Government, housing prices and rent will rise

Demographics is an irresistable force that shapes government planning at all three levels: housing, transit, infrastructure in particular. With the announcement of 340,000 immigrants per year to Canada — the largest increase in immigration since World War I — the economy and housing industry will certainly boom — although, with the likelihood of housing prices… Continue Reading

Google’s Sidewalk Labs teams up with Waterfront Toronto to create urban community “lab” of the future at Portlands

Google’s Sidewalk Labs teams up with Waterfront Toronto to create urban community “lab” of the future at Portlands

Toronto’s worldwide reputation as a technology hub was bolstered by an announcement from Google’s Sidewalk Labs, who will partner with Waterfront Toronto (and all levels of government). The goal is to transform the last remaining undeveloped waterfront land in Toronto, at Quayside into the urban smart city of the future — a technology-optimized, environmentally-friendly mixed-use… Continue Reading

Condominium Act or Residential Tenancies Act: which takes precedence in a tenant issue? Can a condo landlord deny permission to sub-lease or have pets?

Condominium Act or Residential Tenancies Act: which takes precedence in a tenant issue? Can a condo landlord deny permission to sub-lease or have pets?

Today, there seems to be little incentive for condo owners to “lease” out or rent their condos. In doing so, the condo owner (as a Landlord) places him/herself between the Tenant (who has rights under the Residential Tenancies Act) and the Condominium Corporation (governed by the Condominium Act.) This difficult relationship was highlighted recently by… Continue Reading

Pre-build condos growing in popularity. More than 1/3 of Toronto home-buyers in market prefer condos, generally. Survey: what home buyers want

Pre-build condos growing in popularity. More than 1/3 of Toronto home-buyers in market prefer condos, generally. Survey: what home buyers want

In Toronto, where “ground” living is at a premium, only 37% of prospective home-buyers focused on a detached home, versus 34% for condominiums — but the preference for condominiums is on the rise. The previous data was cited in TREB’s 2017 Market Outlook, early this year. [1] Since that earlier study by Ipsos Reid, Jason Mercer,… Continue Reading

City of Toronto reports active outbreaks of flu, Parainfluenza type 2, and Rhinovirus: yes, it’s already flu season; how to prepare

City of Toronto reports active outbreaks of flu, Parainfluenza type 2, and Rhinovirus: yes, it’s already flu season; how to prepare

Toronto reports weekly on cold and flu outbreaks in healthcare institutes. For this week, today’s report (Sept 28, 2017), Toronto is reporting an “Outbreak” in hospitals, long-term care homes and retirement homes — all of whom have to report. The following institutes have outbreaks (currently active and spreading): Sunnybrook Health Sciences Centre (Parainfluenza type 2) Cummer… Continue Reading

#1 Health risk to children — only 7% of 5-11 year-olds get enough exercise; walking the kids to school instead of driving helps children meet physical activity goals

#1 Health risk to children — only 7% of 5-11 year-olds get enough exercise; walking the kids to school instead of driving helps children meet physical activity goals

According to a study in the British Journal of Sports Medicine, Canadian children rank only 19th in the world for fitness. According to Dr. Lang of the Healthy Active Living and Obesity Research Group (Ottawa) — a lead author in the study: “We know that aerobic fitness in kids is related to health. Kids with better… Continue Reading

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