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]

What is that big, beautiful pile of blocks on King West? It's a sneak peek of the neighbourhood's future. The structure sits on land at Portland and King, where a new residential, office and retail complex is about to start sales after a two and a half year approval process. VIDEO: Click link The structure itself is the 2016 Serpentine Pavilion designed by Bjarke Ingels (BIG), the world renowned architecture firm behind the King St. project, as a commission for the Serpentine... [read more]

VIDEO: Click link Toronto developer and property manager KingSett Capital has submitted a rezoning application for 2 Bloor Street West through a limited partnership called Bloor CT Acquisition LP jointly held with a partner. The L-shaped site, at the northwest corner of Yonge and Bloor, and following along the south side of Cumberland to Bay, currently features a 1973-built 34-storey office tower and Cumberland Terrace, a 2-storey high (plus below-grade concourse level) shopping... [read more]

Cumberland Terrace Tells The Story of Yorkville at a Glance. While most time capsules are buried in the foundations of buildings, their contents to be revealed at some future date, Cumberland Terrace is a living (if barely breathing) piece of Me Decade retail architecture frozen in time. Promoted as "the nicest way from Yonge to Bay" when it opened in October 1974, the mall's resistance to modernization - orange and brown tiles, large banks of phones, signage for... [read more]

3 REAL ESTATE INVESTMENT IDEAS, IF YOU CAN'T AFFORD A HOUSE The housing markets in Toronto and Vancouver continue to sizzle, but you don't have to buy a house to make money in Canada's real estate sector. Many of Canada's REITs continue to offer good value to investors, says Andrew Moffs, Senior Vice President at Vision Capital. A detached house in Toronto now sells for about $1.2-million, putting the dream of home ownership out of reach for many millennials, says... [read more]