Crazy Cottage Rentals For The .00001%

Monday Jul 29th, 2019

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Toronto Real Estate

A sprawling lakeside compound Location: Lake Rosseau, Minett Price: $9,800 per night Beds: 18 A cottage butler may sound over-the-top, but over-the-top basically sums up everything about this lakeside fortress, so it's only fitting that it should come with one. There's over 18,000 square feet of living space between the main cottage and boathouse, plus every possible amenity imaginable. We're talking tennis and basketball courts, a yoga studio, sauna, fitness centre,... [read more]

Toronto Seniors' Home To Close, Leaving More Than 100 Without A Place To Live

Thursday Jul 25th, 2019

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Toronto Real Estate

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]

There are reasons to be optimistic about real estate in 2019

Thursday Dec 13th, 2018

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Toronto Real Estate

For housing markets in Canada, 2018 has been a year of restraint. But looking ahead to 2019, there are a number of potential outcomes to consider. The mortgage stress test was perhaps the most influential policy change that affected homebuyers in 2018. Under the new rules, which came into effect in January 2018, most homebuyers were required to qualify for a mortgage at a higher rate than the contracted mortgage rate. This was done to determine the borrower's ability to service the... [read more]

3 Predictions on What 2019 Could Have in Store for the Canadian Housing Market

Thursday Nov 8th, 2018

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Toronto Real Estate

As Fall draws to a close and the new year approaches, plenty of industry experts are making predictions about what 2019 will have in store for the Canadian housing market. This year saw housing activity take a major plunge, following the introduction of stricter mortgage qualification rules in January. While sales and prices have warmed up since then, there are still several factors that could rein in the market come 2019. Here are some predictions for what the market might look like in... [read more]

New Rezoning Application Submitted for 'Cumberland Square'

Saturday Sep 29th, 2018

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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]

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