Canadian e-commerce giant Shopify Inc. will announce Friday that the company is making an investment of up to half a billion dollars as the anchor tenant of The Well, a new real estate development in downtown Toronto. Shopify vice-president and GM of channels, Satish Kanwar, told the Financial Post that the investment represents a statement about the company's commitment to Canada, and how they plan to remain a foundational part of the Toronto tech industry. Toronto's technology... [read more]

Luxury home sales in Toronto climbed in the first 11 months of 2019 and, with momentum continuing to build in the market as the year winds down, the outlook for 2020 is looking more and more promising. Much like the rest of the city and surrounding region's housing market, luxury real estate took a big dip in market activity in 2018 after a spectacular - though ultimately unsustainable - 2017 performance. This year started slow, but activity has crept higher in recent months led by... [read more]

In the last couple years, a range of co-working and shared office spaces have sprouted up in Toronto, appealing to remote workers, freelancers and entrepreneurs of all stripes. There's the hyper-trendy, woman-only Make Lemonade, the parent-friendly Workaround, the architect and interior-design geared Fold, and WeWork, the original co-working behemoth, which now has five locations in the city and nearly 300 worldwide. As the gig economy grows, so does the demand for co-working spaces.... [read more]

Nearly a year after the Toronto Real Estate Board lost its appeal to the federal Competition Bureau over the issue of sold data, it turns out its privacy concerns were valid. Sotheby's International Realty Canada's 2019 Mid-Year Real Estate Report revealed a 19% year-over-year sales delcine in the MLS listings of Toronto homes priced over $4-million, but it doesnt tell the whole story, says Don Kottick, Sotheby's president and CEO. "We're starting to see in the... [read more]

Grammy award-winning artist, songwriter and producer Pharrell Williams is collaborating with developers on a new midtown Toronto condominium project. Westdale Properties and Reserve Properties launched the marketing for their two-tower residential development, called untitled., today during a press event in Yonge-Dundas Square. Williams, who introduced the project via video on the screens across the public square, partnered with the developers on the design and creative elements of the... [read more]