Just a few weeks after a facility fully leased to TELUS was listed for sale, another facility fully leased to Tesla has now also hit the GTA industrial market, according to a new listing that recently came online.The property is located at 95 Clegg Road in Markham, which has access to Highway 7 towa
Prince Edward County — land of wineries, farms, and quaint storefronts — will soon be home to one of Ontario’s largest residential developments: a 7,500-unit master-planned community located on the site of a WWII military air field. Dubbed Base31, the lands have undergone significant transformation
Small-scale infill projects have gone from a barely noticeable share of Toronto’s housing starts to a more meaningful one in just two years, according to a new analysis from Canada Mortgage and Housing Corporation (CMHC). Last year, smaller infill projects — accessory dwelling units and buildings wi
Canadian renters with aspirations to move are facing much more than a logistical hassle, according to a new report on housing affordability from Statistics Canada (StatCan). The research, which draws from the fourth cycle of the Canadian Housing Survey, shows that moving in today’s private rental ma
The sprawling Hedge Road Landing subdivision project in Georgina, Ontario near Lake Simcoe has been placed under creditor protection midway through construction, according to Ontario Superior Court.The project is planned to consist of three phases. Phase One is located at 6213 Black River Road, and
A newly-constructed “best-in-class” industrial property in Mississauga has hit the market, according to a listing that came online earlier this month.Owned by CanFirst Capital Management, the property is located at 6525 Mississauga Road on the northeast corner of the intersection with Turner Valley
A builder has to sell tomorrow’s home against today’s resale market. When existing homes get cheaper, a new project has less room to cover its costs.That calculation is becoming harder across much of Canada. CREA’s August figures show a national benchmark price 3% below a year earlier. Sales fell 6.
Canadian home sales edged down 0.7% month-over-month in August 2026, according to the Canadian Real Estate Association (CREA), marking the fourth straight month where sales activity and prices have hardly budged.Measured against a year earlier, actual (not seasonally adjusted) sales volumes were dow
What makes an urban building one residents are excited to call home?Ask that question in Toronto today, and the answer will be shaped less by price point, height, or even fine finishes than it was a few years ago. Now, an address qualifying as "luxury" comes down to how it actually feels to live the
In the City of Toronto, developers broke ground on 156 condominium units in the first half of 2026, according to CMHC's new Fall 2026 Housing Supply Report. The decade average is roughly 7,000 units a year.Nationally, the report puts Canada's annual housing shortfall at 187,000 to 238,000 homes over
We’re a short jump past the midway point of the year, and the Canadian real estate market has remained stubbornly weak, with real recovery not expected until 2027, according to a report published last week by RBC.“Home resales have been on a winning streak since April, inventory has levelled off, an
The winners of 40 Under 40 Industrial Leaders have officially been revealed, highlighting the unsung heroes of Canada's economy.The impact of these 40 honourees is felt across vastly different (but often overlapping) industries, including development and real estate, construction, finance, technolog
The GTA’s average resale price was $993,410 in August. For a household deciding what to buy, the more useful numbers were $617,593 for a condominium apartment, and $1,288,669 for a detached home.That is a $671,076 gap between the two category averages. It helps explain why a softer housing market ca
The receivership proceedings pertaining to the Delta Golf & Country Club have ended, and the court-appointed Receiver has been discharged, according to filings in the Supreme Court of British Columbia.Located at 11550 Ladner Truck Road along the eastern side of the Annacis Highway near the boundary
For years, the housing crisis was treated as an unfortunate byproduct of growth rather than the defining economic challenge of our time. That is finally changing.Governments have begun to recognize that housing affordability is not merely a social issue but a fundamental economic one. Reforms have b
A proposal for a new condo tower in the Oakridge neighbourhood of Vancouver is now in the pipeline, according to a new rezoning application published by the City this week.The subject site is 5680 Oak Street, a square site at the northeast corner of the intersection with West 41st Avenue, directly a
By: Harjaap Singh Makkar, ColliersFor the better part of two years, the smartest move for a tenant with an industrial lease coming due in the GTA was to do nothing. Every quarter brought more space, softer rents, and a landlord more willing to deal than the one before. That calculus has broken.Colli
On September 2, the federal government, the City of Burnaby, and the Burnaby Housing Authority announced nearly $92 million in combined funding to build 183 secure rental homes.The new builds are set to rise at 6203 Marine Drive in the South Slope neighbourhood, near the Rosemary Brown Recreation Ce
The Bank of Canada left its target for the overnight rate untouched at 2.25% on September 2, keeping the Bank Rate at 2.5% and the deposit rate at 2.20%. Governing Council held, with the economy and inflation evolving broadly as forecast in July. The backdrop, though, has moved: long-term bond yield
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 August 2026:John Wallace has been promoted to Senior VP of Brokerage Services at CBRE.Marie Gillespie has been promoted to
The ReStays Ottawa boutique luxury hotel in downtown Ottawa and a block of unsold ReResidences condos have officially been sold as part of a court-ordered sale, according to filings in Ontario Superior Court.The ReStays Ottawa and ReResidences are located at 101 Queen Street and 108-116 Sparks Stree
And if you've ever sat in gridlock on the way to a cottage and wondered why the whole system couldn't just be different, meet Ursula. This 14.5' x 45' floating cottage is currently moored at Port Dover marina, and is listed on Facebook Marketplace for $39,000. In the listing, the seller describes Ur
It may not be shocking to hear that cities with high rents and low vacancy rates are also seeing an increase in homelessness, but correlation is not causation. But now, a recent study is pointing to causation.The research was conducted by the Canadian Alliance to End Homelessness (CAEH), who said it
Persistent economic uncertainty has had a cooling effect on Toronto real estate over the last year. This is true among everyday properties, but also within the luxury brackets where even homes priced in the millions — typically catering to a less price-sensitive crowd — saw a notable decrease in act
