News

One luxury penthouse suite located near Dawson Street and Willingdon Avenue reigns as the priciest new construction condo plan in Burnaby.

Whether you’re a “chardonnay all day” type of person or you prefer “la vie en rosé,” it’s always a bonus to have some dedicated space at home to store your favourite bottles of wine.

In a press release sent out last week, Montreal-based developer Broccolini unveiled details about LeftBank, its new 34-storey condo tower at 91 River Street, which is expected to launch next month.

More details have been released about Phase Three of the Pier 27 master-planned community that’s become a prominent fixture along Toronto’s Queens Quay corridor.

Fierce competition and prohibitive prices across many Canadian cities and suburbs have prompted some buyers to move their home search to comparatively affordable recreational markets well outside of their home regions.

Single-family and multi-family home building boomed in two distinct periods in the early and late 1970s with a recession, according to Statistics Canada data. Home construction soared again in the late 1980s before the recession of 1990-1991 spoiled the party.

Now, an even bigger condo development could deliver nearly 900 new residential units to the West End neighbourhood.

The cost of constructing a high-rise condo building in Toronto is only expected to go up in 2021, potentially putting some new developments in a risky and unpredictable position.

The proposed development consists of a six-storey wood-frame building housing 57 units, of which 10 percent would be rented at below market rates.

Population growth took a hit during 2020 because of the pandemic’s impact on immigration, but as newcomers begin arriving in the county in much larger numbers again, there is no way around the fact that Canada’s housing supply has not kept up with its growing population.

The major redevelopment would see the downtown fire hall known as Fire Station 332 relocated to make way for a mixed-use development.

A futuristic condo tower slated for Yorkville that’s been in the works for years has submitted yet another round of revisions to Toronto city planners.

Excavation and shoring is scheduled to continue through the spring before below-grade formwork commences in the summer.

A recently proposed townhome development for the lower half of Leslieville would add seven units to the community’s burgeoning roster of new homes.

Homes in Scarborough have appreciated more than three times the home value of their downtown counterparts, according to new research released this week by Properly.

The average price of a Vancouver region home could tack on close to $400,000 in value by 2023 as the market continues to adjust to rock-bottom mortgage rates that will provide fuel for significant appreciation in the years to come.