Canada's Condominium Magazine
When school starts again next week, everything changes for children, and for drivers. The safety of kids becomes, or should become, drivers’ main concern whenever they drive on a residential street or near a school. A writer in the Irish Independent newspaper puts it best: no child should be responsible for their own safety. The writer… Continue Reading
A couple of current stories about real estate fraud draw attention to one of the fundamental assumptions we make when buying and selling property: the assumption of trust. The lawyer who handled Toronto condo purchasers’ deposits in the Centrust case has now been arrested for fraud after more than $12 million disappeared from a trust… Continue Reading
The affordability of housing in Canada improved a little in the second quarter of 2014, RBC Economics reports, mainly due to lower mortgage rates. The RBC Housing Trends and Affordability report says that housing became more affordable in “virtually all” major markets, even though prices continue to rise. Buyers were very active in the second… Continue Reading
In 2013, more than half of the University of Toronto’s architecture graduates were female. That should be reason to celebrate, given that in 1920 just one female graduated in architecture. She happened to be the first in Canada. The chair of the architecture department at the time did not attend the convocation, protesting the lone… Continue Reading
The newest condo offering from Tridel, Islington Terrace, will have one of the most extensive selections of amenities anywhere in the city. Tridel has just released information about what will be available at the new community, and the list is a long one, comprising twenty-five separate items occupying 50.000 square feet of space, indoors and… Continue Reading
Looking for a piece of furniture that’s really different, something you can be pretty sure no one—but no one—else will have among your circle of friends? Have you considered a “sculptural seating entity” designed by Spanish artist, sculptor, poet and designer Maximo Riera? He is most famous for his series of animal chairs, and there… Continue Reading
A woman who invested $40,000 in the condominium development called Centrium, which was to be built at Yonge and Finch by a company called Centrust, explained the reason for the terrible predicament that she and about 150 other investors now find themselves dealing with. An immigrant to Canada, she said she thought “everything in Canada… Continue Reading
Would you buy a home from a guy in a van parked outside a Tim Horton’s store? How about a woman on a park bench? More and more businesses, including real estate, are moving away from the permanent office. Employees in many companies are encouraged, or at least permitted, more than ever before to work… Continue Reading
In London, where home prices are already among the highest in the world, home buyers will pay a substantial premium to live near a tube or train station. A home within 500 meters of a station will command up to $76,000 (£42,000) more than homes that are 1,500 meters away. The research that revealed this… Continue Reading
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