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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]

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]

This is the most expensive condo in Toronto right now

Sunday May 27th, 2018

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THIS IS THE MOST EXPENSIVE CONDO IN TORONTO RIGHT NOW Lisa Cumming, blogTO Image courtesty of: blogTO Welcome to the fabulous lives of Toronto's rich and famous. Peel back a curtain on this $31.5-million penthouse in Yorkville to reveal exactly what luxury looks like. This two-floor 10,200 square foot palace - with a concierge - has everything you could ever want. Image courtesty of: blogTO Created in the 1960s by architect Philip Johnson, this condo has 5000 SF of... [read more]

Space under the Gardiner Expressway is transforming for summer

Sunday May 27th, 2018

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SPACE UNDER THE GARDINER EXPRESSWAY IS TRANSFORMING FOR SUMMER Lisa Cumming, blogTO Image courtesty of: blogTO This summer, a section of the transformed underbelly of the Gardiner Expressway is slated to open for warm-weather use. Programming is supposed to begin on June 8th, and there will be a Bentway Summer Bash at a date yet to be announced. Newly released photos from The Bentway show the implementation of a wayfinding system using city numbers traditionally assigned... [read more]

Despite record unaffordability, 84% of Canadian Millennials still dream of home ownership

Sunday May 27th, 2018

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DESPITE RECORD UNAFFORDABILITY, 84% OF CANADIAN MILLENNIALS STILL DREAM OF HOME OWNERSHIP Sarah Niedoba, BuzzBuzzNews Image courtesty of: Getty Canadian milliennials looking to buy their first home in 2018 face some of the worst housing affordability in years. But according to a new report, the vast majority still consider homeownership a worthwhile goal. Zoocasa's 2018 Housing Trends Report found that 84% of Millennials surveyed felt that owning a home was an important life... [read more]

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All information regarding a property for sale, rental, taxes or financing is from sources deemed reliable. No representation is made as to the accuracy thereof, and such information is subject to errors, omission, change of price, rental, commission, proper sale, lease or financing, or withdrawal without notice. All square footage and dimensions are approximate. Exact dimensions can be obtained by retaining the services of a professional architect or engineer.The number of bedrooms listed above is not a legal conclusion. Each person should consult with his/her own qualified advisor, architect or zoning expert to make a determination as to the number of rooms in the unit that may be legally used as a bedroom. Each Engel & Völkers brokerage is independently owned and operated. Any use of the term "advisor" or "agent" shall be replaced with the term "Sales Associate" where required by local law. Engel & Völkers® and the Engel & Völkers Logo are registered service marks owned by Engel & Völkers Marken GmbH & Co. KG.

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