As of early May, the Strait of Hormuz has been closed for more than two months, preventing the roughly 20 million barrels of crude oil that usually travel through the strait each day from doing so. The blockage is the result of the ongoing war in Iran, and has choked 25% of the world’s seaborne oil
Toronto-based Altree Developments is upping the ante, once again, on its plans to bring new housing, height, and density to Toronto’s Weston Village. The firm submitted a proposal to the City in mid-April for a 43-storey “east” tower at 1693-1709 Weston Road and 6-10 Victoria Avenue East, which woul
There are Muskoka cottages, and then there are Muskoka cottages. The cedar Panabode at 1041 Crockford Lane S. in Bracebridge is firmly the latter — a classic of the region, sitting at the end of a quiet road on over an acre of private waterfront, with 130+ feet of Muskoka River shoreline.Mature tree
Six years later, office markets across the country (and beyond) are still feeling the impacts of the COVID-19 pandemic, which changed the world forever by making remote work mainstream. But things are on the upswing.In Q1 2020, at the onset of the pandemic, the national office vacancy rate was just
As sales continue to stagnate and homeownership remains unattainable for many in the GTHA, one housing developer is offering a unique new way for aspiring homeowners to get into the market.The Rebecca Residences in downtown Hamilton is an upcoming 23-storey condo building from Ontario developer Rose
When the Williamses hosted a family wedding at their Cambium Farms property in 2011, they weren’t thinking about adaptive reuse or rural tourism, but the event ended up being pivotal, setting in motion a years-long transformation that would expand the farm’s use well beyond agriculture.“Facebook had
Toronto-based RioCan REIT (TSX: REI.UN) has a firm deal to sell its stake in FourFifty, the high-rise rental tower at The Well, its flagship mixed-use development in Toronto.The Well is a 7.7-acre hub bounded by Wellington Street West on the north, Spadina Avenue on the east, Front Street West on th
The GTA housing market logged a mixed April, with home sales rising 7% year-over-year as new listings pulled back — a combination that suggests tighter conditions are beginning to take hold this spring. Average prices dipped again, but early signs of month-over-month stabilization may give fence-sit
For years, the conventional wisdom around housing affordability in Ontario has been built on a flawed premise: that land is scarce, and high prices are simply the inevitable result of too little space and too much demand.But the evidence tells a different story.Ontario does not have a land shortage
Five acres of Pender Island for $1.2 million — with a fig orchard, a private pond, and a renovated West Coast–style home already on it. That's the pitch at 5582 Hooson Rd, a property tucked into the Hope Bay area with south and west exposure, and enough open space to make you forget the rest of the
On Monday, Coquitlam City Council granted approval to a high-rise project in the Burquitlam neighbourhood by Cressey Development Group, advancing a project that has been in the works for at least three years and was impacted by a fire.The site of the project is 727 North Road, a 0.94-acre site betwe
Stafford and Deveraux Group of Companies have announced a strategic development partnership — and their first joint project is already underway.The pair announced Thursday that they're co-developing a 12-storey, 159-unit purpose-built rental building at 914 Bathurst Street in The Annex. Demolition h
On Monday, Coquitlam City Council advanced a new rezoning application by StreetSide Developments, a subsidiary of Qualico, for a new high-rise tower in the Burquitlam neighbourhood of Coquitlam.The site of the project is 602, 606, 610 Tyndall Street and 605, 611, 615 Claremont Street: A 1.1-acre lan
The Bank of Canada held its overnight rate at 2.25% on April 29, keeping borrowing costs steady as the country navigates a turbulent global backdrop shaped by the conflict in the Middle East and ongoing US trade policy uncertainty.For Canadian real estate, the decision offers little relief in the ne
We know you like to know what's up. For your information, reference, and networking needs, here are the moves, hires, and promotions the real estate and development sector saw in April 2026:Andrew Graham has joined Brookfield Properties as CIO of its Canadian officeEric Brown has joined Newmark as S
Two of real estate's biggest names are joining forces.The Real Brokerage Inc. (NASDAQ: REAX) and RE/MAX Holdings, Inc. (NYSE: RMAX) announced on Monday that they've entered into a definitive agreement for Real to acquire RE/MAX Holdings in a deal that values the latter at approximately $880 million.
Virginia Avenue is a quiet residential street in Danforth Village — the kind of block where many homes have been standing for decades.Coming up in 2022, 83 Virginia Avenue made no attempt to blend in.The home's wood façade announces itself immediately. Inside, the abode opens into a main floor where
As the housing crisis in Canada became harder (and harder) to ignore, governments big and small have started taking more (and more) action. But not all actions are equal, and some may actually have a negative impact on housing affordability.As complicated as the housing crisis may be, it really come
When Vancouver-based developer Pinnacle International received approval for Phase One of their Pinnacle Lougheed project in Burnaby in September 2024, the 73-storey tower and 80-storey tower were already set to be some of the tallest towers in British Columbia and Western Canada. They are now set to
March new home sales in the Greater Toronto Area improved year-over-year, but the word "improved" is doing a lot of heavy lifting. There were 948 new homes sold in the GTA last month — up significantly from March 2025's historic low of 439 units, but still 64% below the 10-year average of 2,659. In
As homeowners age, there is a natural inclination to downsize, whether it be because children have moved out into homes of their own, or for increased accessibility, safety, and convenience.According to Statistics Canada data from 2024, approximately 7.74 million people — about 18.9% of the total po
The i-Zone is one of those Leslieville addresses that people know without needing to look up.The work/live building that predates the neighbourhood's glow-up by decades, and has never needed to catch up.Unit 211 is a second-floor suite with east and west exposures, and something increasingly rare in
In a landmark deal, private equity real estate investment firm KingSett Capital and retail-focused Choice Properties REIT (TSX: CHP.UN) announced last week that they had partnered and entered into an agreement to acquire First Capital REIT (TSX: FCR.UN) in a $9.4 billion transaction inclusive of deb
The sun will soon rise on another season in Ontario’s premier summertime sanctuary, Muskoka. Those sun-drenched days are so close, we can almost smell the pine, barbecue, and pristine lake water. This season, Muskoka-goers have new ways to access – and indulge in – this picture-perfect slice of the
