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Shopify Announces $500-Million Presence in Toronto Real Estate Development

Thursday Nov 8th, 2018

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Toronto Real Estate

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]

Ontario government scraps rent control & Toronto doesn't like it

Sunday Dec 9th, 2018

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Toronto Real Estate

Ontario Premier Doug Ford's first-ever fiscal roadmap could have sweeping implications across all aspects of life for almost everyone in the province. Those who earn the most money, for example, no longer have to worry about paying extra income taxes (something proposed by the previous Liberal government that would have generated about $275-million for Ontario). Renters, on the other hand, could eventually end up paying way, way more to live in the city. Effective November 15,... [read more]

Co-Working Spaces are the Latest Trend in Toronto Condos

Thursday Nov 8th, 2018

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Toronto Real Estate

In the last couple years, a range of co-working and shared office spaces have sprouted up in Toronto, appealing to remote workers, freelancers and entrepreneurs of all stripes. There's the hyper-trendy, woman-only Make Lemonade, the parent-friendly Workaround, the architect and interior-design geared Fold, and WeWork, the original co-working behemoth, which now has five locations in the city and nearly 300 worldwide. As the gig economy grows, so does the demand for co-working spaces.... [read more]

Condo Cancellations Risk Crisis of Confidence in Toronto Real Estate

Tuesday Sep 25th, 2018

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Condo Risk

With due respect to the politicians, economists, pundits, journalists, builders, realtors, empty-nesters, first-time buyers, and others who have opined on the fragility of the condo market and whay they perceive will be the cause of its imminent crash... They've got it wrong. But, also a bit right. Let me explain. This market, despite its solid fundamentals, is at a higher degree of risk today than any time in its recent past. If we don't recognize that risk and do something... [read more]

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]

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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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