A boarded-up single-family home could make way for a small lot subdivision with seven residences at the corner of Oxnard Street and Ranchito Avenue in Van Nuys.

In Scarborough's Woburn neighbourhood, there are plans to revamp a commercial plaza off of Markham Road into a multi-building condominium complex.

An official application has been submitted to develop the site currently occupied by the beloved Church Street drag bar, Crews & Tangos.

The 198-unit residence is conveniently located within proximity to public transportation, university campuses, shops and restaurants.

The widely-watched Teranet-National Bank House Price Index rose 0.7 percent in June over the previous month, an increase that National Bank economist Marc Pinsonneault called the “lowest June advance in 17 years.”

The boutique development has already received a lot of interest from prospective homebuyers and registrants who are back in the market.