GTA HOME PRICES CLIMB 16.8% IN JUNE The uphill journey facing would-be-buyers got even steeper in June with home prices climbing by double digits compared to a year ago as supply hit record lows. The average price of a GTA property last month rose by 16.8% to $746,546 according to the Toronto Real Estate Board. As has been the trend, low-rise houses that includes detached, semis and townhomes saw the most significant price gains. The average detached home in the suburban GTA will... [read more]

YORKVILLE REAL ESTATE UPDATE March 2015 Cliche yes, but still an important and critical factor - our weather. The February that just passed was a historically cold and harsh month and unfortunately these temperatures of -30 and -40 tend to postpone the decision making process of many potential buyers throughout the city. Although transaction volumes were down a mere 1.3% from last month, volume is down considerably from the annual average. As we progress into the spring... [read more]

CONDO OF THE MONTH $2.9-Million For a Condo in 1 St. Thomas - an Art Deco Building Near U of T Address: 1 St. Thomas St., Suite 7C Neighbourhood: Yorkville List Price: $2,899,000 The Place: A seventh-floor apartment in an eight-year-old Art Deco-style building located just north of Queen's Park, the University of Toronto campus, just south of Yorkville's Mink Mile, and across the street from the elegance of the boutique hotel, Windsor... [read more]

TORONTO CONDO PRICES COULD SKYROCKET 40% Predicts Major Developer A major real estate developer is brushing off fears of a bubble in Toronto's red-hot condo market. "My prediction, and I've been pretty accurate to date, is we are going to have a 30% to 40% increase in values of the condo market in downtown Toronto over the next three to four years," Barry Fenton, CEO of Lanterra Developments, told BNN in an interview on December 3rd. He later clarified he... [read more]

THE 10 TALLEST BUILDINGS IN TORONTO BY 2025 There was a time when the Royal York Hotel was the tallest building in Toronto. At 134 metres from the sidewalk to the tip of its Chateau-style roof, the grand railway hotel ruled downtown, "a mountain over city and lake," for two years before completion of Commerce Court at Bay and King. Eighty years later, it's hard to spot the venerable old Royal York among the downtown office buildings. For buildings, being tall doesn't... [read more]