More than 150 seniors who live in Davenhill Senior Living in Toronto's Rosedale neighbourhood are looking for a new home after the building was reportedly sold. "As the regulations that govern our operation have evolved over the past several decades, we have been able to adapt our services and infrastructure to an older building. However, any new or unexpected building upgrades or regulations would, in all likelihood, require more financial and operational resources than we, as a... [read more]

Yes, a castle. Hockey Hall of Famer and Pittsburgh Penguins owner Mario Lemieux has put his luxury home in Mont Tremblant, Quebec on the market for an asking price of $21,999,066. Said to be inspired by Quebec City's Chateau Frontenac, the 16,794-sf home has 50 different rooms, including eight bedrooms and nine bathrooms, on 5.25 acres of land. Some of the highlights of the property, known as Chateau Fleur de Lys, include: 17 fireplaces 9 bathrooms 8 bedrooms, all with a... [read more]

It may not be a glorious sight, but the sight shows a bright future: Right now, Toronto has the most construction cranes in North America - which indicates massive development. Toronto has an estimated 97 active construction cranes as of July 2018, according to the recent Rider Levett Bucknall Index (RLB Crane Index). This means the city has more than double the number of cranes of Chicago, four times as many as San Francisco and about five times as many cranes as New York City. In fact,... [read more]

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]

So many people live in apartments or condominiums in Toronto that it's hard to imagine a time when renting a small portion of a larger building was a radical, even a shockingly salacious way of life. Amazingly, before 1899, there were no purpose-built apartment buildings in the city at all, making Toronto something of an anomaly in North America. Sure, people rented rooms or floors of sub-divided homes (The Ward, a notorious slum that used to be located near current City Hall, was... [read more]