Toronto real estate. TORONTO’S MOST EXPENSIVE CONDO

A planned condominium building in Yorkville will feature the city’s most expensive penthouse –a $16-million unit.
The creation of a 9,000- square-foot space atop the soonto- be built Four Seasons Hotel marks a coming of age for Toronto, co-designer Brian Gluckstein said in a recent interview.
The 55-storey tower at Bay Street and Yorkville Avenue will house [...]

Toronto real estate. MISTER TRUMP IS COMING TO TORONTO!

Trump said Toronto is one of the great cities where he intends to have a real estate presence. He will be in Toronto this weekend for one of the roaming “real estate wealth expos” put on by the Learning Annex, a private educational outfit. His $1.5-million (U.S.) fee for the event will go to charity.
Mr. Trump [...]

Toronto condo market. CONDO LIFESTYLE – WHAT”S NOT TO LIKE?

There’s been a dramatic change to Toronto’s skyline in the last few years as dozens of new high-rise condominiums have been built to feed the current housing boom. While it appears the market may be cooling, a new survey suggests that the long-term prognosis is good for condo developers in Canada.
The survey, conducted by Ipsos-Reid.ca [...]

Toronto real estate. CANADA CONSTRUCTION BOOM – WHAT IS DIFFERENT IN 2006?

Canada’s construction boom continued in July, but Canada Mortgage and Housing Corp. says it is seeing a swing away from single-family units towards cheaper condominiums, townhouses and apartments.
In its monthly report on housing starts, CMHC said the trend has been spurred by the rising price of new homes and slightly higher mortgage rates.
CMHC, a Crown agency [...]

For Toronto real estate investors. IS NOW A GOOD TIME TO INVEST IN TORONTO CONDO?

Is it a good time to invest in a condo apartment in Toronto? And if so, what are smart buying tips for a condo investor?
Industry insiders say you have to do your homework. It’s a tough time to buy since prices are rising, but rents are stable or going down.
Rents for condo apartments in Toronto [...]

Toronto real estate. Condo Market. AUGUST UPDATE – DOWNTOWN CONDOS

Today, Condos on the Market looks at Toronto’s downtown area (primarily between Yonge St. and the Don Valley, south of Bloor St.). Prices do not include parking space and storage locker unless indicated.
1. 85 BLOOR ST. E.: 85 Bloor St. E., east of Yonge St., south side of Bloor. Builder: Burnac Development Corp. A 20-storey, [...]

TORONTO REAL ESTATE – CONDO MARKET. Two highest condo development in Toronto were approved recently

If anyone has a concern about the height of several new condos planned for Toronto’s railway lands — including 50- and 54-storey towers slated for the Air Canada Centre — it’s too late, that issue has already been settled.
The best city councillors can do now is try to ensure things like pedestrian walkways, parks, schools [...]

TORONTO CONDO MARKET UPDATE

Toronto has the largest condominium market in North America. Last year, there were more than 16,000 condominium suites sold here — Chicago saw only 6,800 sales, New York City had 6,450 and Miami, 7,500. There are now 245 new condo projects in Toronto with suites ranging in price from $112,000 to $12 million.
Strength of the [...]