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Toronto’s Tech Boom Will Keep Real Estate Frenzy Going

Tuesday Sep 25th, 2018

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Toronto Real Estate

It's now in a class of  cities with booming tech industries and rapidly rising house prices, a new forecast says. Toronto's housing market has seen a marked slowdown since a new non-resident tax successfully pushed many foreign buyers out, but a forecast from real estate agency Engel & Völkers says a new phenomenon is about to take over as the driver of Toronto's housing boom: The tech industry. The influx of tech companies into Toronto's downtown core in... [read more]

GTA new condo prices just hit a record high

Wednesday Nov 7th, 2018

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Toronto Real Estate

While the rest of the GTA housing market has had a bumpy year, the new condo market has been thriving for months. Last quarter, new condo sales in the area grew 4% year over year, the third highest Q3 sales volume in 10 years, according to a new report from real estate research firm Urbanation. While that's still down 46% from Q3 2018's record 25,839 sales, it's further proof that the market has remained strong despite rising interest rates and stricter mortgage rules imposed... [read more]

GTA new condo prices just hit a record high

Wednesday Nov 7th, 2018

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Toronto Real Estate

While the rest of the GTA housing market has had a bumpy year, the new condo market has been thriving for months. Last quarter, new condo sales in the area grew 4% year over year, the third highest Q3 sales volume in 10 years, according to a new report from real estate research firm Urbanation. While that's still down 46% from Q3 2018's record 25,839 sales, it's further proof that the market has remained strong despite rising interest rates and stricter mortgage rules imposed... [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]

What 50 Scollard Brings to Yorkville

Thursday Nov 8th, 2018

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Toronto Real Estate

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]

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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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