Engel & Völkers today released the results of an original study, "Meet HENRY: Influencing The Next Generation of Wealth." HENRY, an acronym that stands for High Earners Not Rich Yet, represents a niche demographic subset of Millennials and the youngest members of Gen X who have an annual household income of more than $100,000 and the greatest earning potential. For this study, Engel & Völkers surveyed more than 1,000 Millennial HENRY's (born between 1982 and... [read more]

The elegant 41-storey tower will be bursting with amenities for the 64 residences within. When you're located in the heart of Bloor-Yorkville, you're expected to do things with style. So for its luxurious new 50 Scollard project, Lanterra Developments decided it would take things up a notch - or a dozen. Already known for its landmark condo projects across Toronto's downtown, Lanterra worked with award-winning architecture, interior design and landscaping firms for the... [read more]

So many people live in apartments or condominiums in Toronto that it's hard to imagine a time when renting a small portion of a larger building was a radical, even a shockingly salacious way of life. Amazingly, before 1899, there were no purpose-built apartment buildings in the city at all, making Toronto something of an anomaly in North America. Sure, people rented rooms or floors of sub-divided homes (The Ward, a notorious slum that used to be located near current City Hall, was... [read more]

SAUDI PRINCE SEEKING SALE OF FOUR SEASONS TORONTO ​Four Seasons owner seeks up to CDN$250-million for landmark hotel. Sale would not include condo portion in Yorkville area. Saudi Prince Alwaleed bin Talal Al Saud is seeking to sell Toronto's landmark Four Seasons Hotel for almost CDN$1-million ($768,000 US) a room in what would be the highest price for a hotel in Canada, according to people familiar with the matter. Kingdom Holding Co., the investment firm owned by... [read more]