Canada's Condominium Magazine

Greater Toronto Scene

Special coverage of the GTA Condominium and lifestyle scene.

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… Continue Reading

Studies: Millennials are choosing smaller urban condominiums over larger suburban homes; transit more important than size

Studies: Millennials are choosing smaller urban condominiums over larger suburban homes; transit more important than size

Studies suggest 18-34 year olds prefer condo and apartment living for walkability, short commutes and access to amenities — and not because of affordability. Many would choose an even smaller condo, with a higher price-per-square foot, just to have ready access to subway. [1] Access to transit was the number one factor, despite price. Lower… Continue Reading

Innovative solutions, such as Crowd-Living, Micro-Condos, and Home-Owner Speed Dating, helping “adult kids” permanently leave the nest

Innovative solutions, such as Crowd-Living, Micro-Condos, and Home-Owner Speed Dating, helping “adult kids” permanently leave the nest

Millennials are used to being blamed for all of society’s ills, from workplace recruitment issues to short inventory supply in real estate markets.  In reality, they’re mostly a victim of demographics. If they “boomerang” back to their parents homes it’s because they’re priced out of the hot markets in Toronto and Vancouver. As more and… Continue Reading

Social housing crisis — With a wait list of 181,000, what help is in sight for the proposed shut down of 1000 TCHC units?

Social housing crisis — With a wait list of 181,000, what help is in sight for the proposed shut down of 1000 TCHC units?

The pending Rental Fairness Act attempts to protect the 1.2 million rental householders in Ontario. But there are 181,000 people on the social housing waiting lists in Toronto alone that apparently have no relief in sight — with Toronto’s plan to shut down another 1000 units. The Ontario government may not be directly responsible for… Continue Reading

City's newest art museum gets $5.1 million, now hiring

City's newest art museum gets $5.1 million, now hiring

New York has its MOMA (Museum of Modern Art), and Toronto will soon have MOCA. The city’s newest art museum, the Museum of Contemporary Art, is getting $5.1 million from a federal government fund for cultural spaces. The museum is so new that it hasn’t opened yet. The money will go to transforming 55,000 square… Continue Reading

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