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Toronto Has The Most Cranes in North America - Which Means the Most Development

Tuesday Sep 25th, 2018

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Toronto Cranes

It may not be a glorious sight, but the sight shows a bright future: Right now, Toronto has the most construction cranes in North America - which indicates massive development. Toronto has an estimated 97 active construction cranes as of July 2018, according to the recent Rider Levett Bucknall Index (RLB Crane Index). This means the city has more than double the number of cranes of Chicago, four times as many as San Francisco and about five times as many cranes as New York City. In fact,... [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]

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]

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]

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]

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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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