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Toronto Condo Developers Increasingly Using Art to Stand Out to Buyers

Thursday Sep 27th, 2018

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Toronto Art

It would be easy to mistake the lobby of the One o One condos in midtown Toronto for a nightclub or graffiti-splashed alley. Instead of the muted colours and cookie-cutter designs that fill many condo buildings, developer Camrost Felcorp hired Toronto artist Anthony Ricciardi to create seven murals splattered with bright paint and a rainbow of drip marks. The flashy pieces put the building in a growing group of condo complexes whose hallways, lobbies and outdoor grounds are being... [read more]

This cohort is quietly changing the condo market

Sunday May 27th, 2018

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THIS COHORT IS QUIETLY CHANGING THE CONDO MARKET Neil Sharma, Canadian Real Estate Wealth Image courtesty of: Independent.co.uk Much has been written about first-time buyers flooding the condo market, but boomers, too, are having a considerable impact, as reflected in prices. In fact, given the home equity they've built over the decades, baby boomers have become a force in Toronto's luxury condo market. "The increased demand, coupled with low inventory levels, has... [read more]

As Ontario prepares to vote, it's time to rethink the housing puzzle

Sunday May 27th, 2018

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  AS ONTARIO PREPARES TO VOTE, IT'S TIME TO RETHINK THE HOUSING PUZZLE Murtaza Haider & Stephen Moranis, Financial Post Image courtesty of: CBC   With elections in Ontario less than a month away, housing affordability remains first and foremost on the electorate's mind. Housing and land prices in urban Ontario experienced a dramatic increase since the last provincial elections in 2013. The Liberal government finally responded in April 2017 by imposing... [read more]

New homebuyers getting squeezed out of Toronto market as government fees on new builds skyrocket

Sunday May 27th, 2018

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NEW HOMEBUYERS GETTING SQUEEZED OUT OF TORONTO MARKET AS GOVERNMENT FEES ON NEW BUILDS SKYROCKET Matthew Yuyitung, Financial Post Image courtesty of: Pointman   Government costs and charges on homes have gone up significantly since 2013, and account for nearly a quarter of the price of a new home in the Greater Toronto Area, according to a report published this week. The report, commissioned by the Building Industry and Land Development Association, showed average cost from... [read more]

Condo of the month: $2.2-million for a Corktown penthouse with a giant rooftop terrace

Sunday May 27th, 2018

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CONDO OF THE MONTH: $2.2-MILLION FOR A CORKTOWN PENTHOUSE WITH A GIANT ROOFTOP Josh Sherman, Toronto LifeImage courtesty of: blogTO   Address: 32 Trolley Crescent, Penthouse 8 Neighbourhood: Corktown Price: $2,195,000 Previously sold for: $1,079,735 (pre-construction) The Place A custom two-bedroom penthouse atop River City II, an Urban Capital condo tower in Corktown, near the Don River. The History The owner put a pre-construction deposit on... [read more]

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