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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]

Inside Sidewalk Labs' Toronto HQ

Thursday Nov 8th, 2018

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Toronto Real Estate

Take a look inside Google's sister company Sidewalk Labs' Toronto headquarters. It's located right smack down in the middle of Quayside, which is where Sidewalk Labs' is trying to build a smart city. In the video, you'll have a look at some of the ideas that Sidewalk Labs has for the smart city, and some of the prototypes of these ideas. [read more]

Look inside the InterContinental Yorkville's extravagant $2,500 per night room

Thursday Dec 5th, 2019

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Toronto Real Estate

Just in time for it's 30th birthday, the InterContinental Yorkville has completed a $12-million renovation of their 212 rooms. The most glamorous of all is the 2,400 square-foot Royal Suite, which boasts an opulent marble double shower and south-facing views over the ROM and the CN Tower. Here's a look around the sprawling suite, which goes for $2,500 a night. InterContinental chose the Atlanta design firm Sims Patrick Studio to oversee the makeover. The firm took... [read more]

House of the Month: $4.3-million for a Leaside house with a rooftop garden & a backyard pool

Monday Dec 10th, 2018

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Toronto Real Estate

Address: 19 Evergreen Gardens Neighbourhood: Leaside Price: $4,299,000 Previously sold for: $1,050,000 (prior to a rebuild) The Place A modern home with touches of rustic and industrial design - plus skyline views from a rooftop garden. The History The home is just three years old. It was designed by, and custom built for, the current homeowner, an interior designer. The foyer has some wall art made of preserved moss: The dining area has a giant... [read more]

Toronto's luxury housing market is ready to heat up in 2020

Thursday Dec 5th, 2019

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Toronto Real Estate

Luxury home sales in Toronto climbed in the first 11 months of 2019 and, with momentum continuing to build in the market as the year winds down, the outlook for 2020 is looking more and more promising. Much like the rest of the city and surrounding region's housing market, luxury real estate took a big dip in market activity in 2018 after a spectacular - though ultimately unsustainable - 2017 performance. This year started slow, but activity has crept higher in recent months led by... [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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