A better loan offer won't get a stalled project built if nobody is willing to put up the equity.That problem runs through PwC and the Urban Land Institute's Emerging Trends in Real Estate 2027. Among Canadian survey respondents, 63% expect equity for development and redevelopment to be undersupplied
A portfolio of rental buildings in Ontario and New Brunswick owned by privately-managed District REIT have been placed under receivership, according to filings in Ontario Superior Court.District REIT was founded by Richard Hall and Carmen Campagnaro, who also founded Burlington-based developer Valou
Canada’s push to build is well underway, and the major projects now being planned and delivered need people truly prepared to lead them.For many organizations, those people are already on the team, bringing with them 10 to 15 years of experience, a strong track record running projects, and the ambit
A developer who shelved a small rental project over financing has a reason to price it again. Budget 2026 gives newly built triplexes and fourplexes access to insured loans of up to 90% of completed value. It also lets private insurers cover buildings with five to 50 units.Budget 2026, tabled Novemb
The low-rise office building that was formerly home to private post-secondary arts and design school LaSalle College was sold over the summer, according to transaction data seen by STOREYS.The property is located at 2665 Renfrew Street in Vancouver, at the northwest corner of the intersection with B
Borrowing costs in the Greater Toronto Area are higher than they were a year ago. Even so, the monthly mortgage payment on an average-priced home has only edged up, and it’s still well below what buyers were paying in 2023 and 2024, according to the latest from the Toronto Regional Real Estate Board
After being listed for sale last year, the sprawling Grand Park project in Markham, Ontario is now under receivership, according to filings in Ontario Superior Court.The subject site of the project is a 14-lot land assembly consisting of 36, 38, 40, 42, 44, 46, and 48 Steeles Avenue East, plus 37, 3
For decades, buying a home was viewed as a rite of passage to adulthood. It represented stability, security, and the opportunity to build a future. Today, for many young people, it feels more like a fantasy than a realistic goal.Recent polling and research have consistently shown that a growing numb
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 October 2026:Kyle Chatterson has been promoted to Associate VP of Leasing at Dream Unlimited. Deanna C. has been promoted
After reaching an $8.8 billion agreement on March 30 to cut development charges, the Governments of Canada and Ontario have been busy finalizing agreements with local governments to implement the changes.The initiative is officially known as the Development Charge Reduction Program (DCRP) and applic
For years, Toronto developers built condos that were an easy sell to investors, even if they weren’t ideal places to live. But with the market reckoning with a glut of “shoebox” inventory, the shortcomings of that approach are tough to ignore. Purchasers want more space from their condos; they want
Located in Toronto’s Flemingdon Park neighbourhood, e-lofts — a 15-storey office-to-residential conversion project — has won a coveted Ontario Home Builders’ Association (OHBA) award in its final months of construction. The purpose-built rental development, which was first proposed in spring 2025, w
In partnership with Colliers as a Presenting Sponsor, STOREYS announces Top 75 Real Estate Projects, a new annual report and program built to recognize the most meaningful real estate projects across Canada – from landmark new-builds and redevelopments through to masterplans reshaping entire neighbo
Just 18% of Canadians aged 18 to 34 say they feel confident navigating all financial aspects of buying a home, according to the 2026 Zown Homeownership & Financial Confidence Survey, released Wednesday. That compares with 35% of those aged 35 to 54 and 50% of those 55 and older.Zown, an AI-powered r
The Bank of Canada raised its target for the overnight rate by 25 basis points on Wednesday, bringing it to 2.5% and marking the first increase since July 0f 2023. The Bank Rate now sits at 2.75%, and the deposit rate at 2.45%.Inflation is running higher and longer than the Bank projected in July. C
Vancouver-based Millennium Development has submitted a new rezoning application for their project in the Kitsilano neighbourhood of Vancouver, according to a rezoning application published by the City of Vancouver last week.The subject site of the project is 2158-2170 W 1st Avenue, two parcels that
For much of the past two decades, Canada approached major projects with a simple idea: write the contract well enough, and the project would essentially look after itself. Each risk sat with a party ready to handle it, so when something went wrong, everyone knew who to turn to.But it hasn’t worked o
Led by entrepreneur Ross McCredie, Vancouver-based Sutton Group has announced that they are partnering with Kelowna-based Ace Project Marketing, the latest move by the McCredie-led real estate company as it continues to expand its horizons.The partnership will see Ace’s project marketing expertise a
Every residential tower gives up part of itself to equipment. From early plans, mechanical systems typically claim a room in the basement and a penthouse on the roof (the latter being prime real estate, mind you). This approach means that square footage is spoken for before the first suite is laid o
Another development project that’s nearing completion has become insolvent, according to filings in Ontario Superior Court — the latest in an extensive list of projects that are struggling to cross the finish line.The project is EverHome, by Toronto-based developer The Sher Corporation, and is locat
Markets speak, and the commercial real estate market in the Greater Toronto Area is indicating that there is a demand for institutional-grade industrial properties, according to yet another new listing for a high-profile industrial property that came online this week.After a TELUS-leased industrial
Builders in the Greater Toronto Area sold 820 new low-rise homes in September, 17% above the 10-year average for the month. It’s the sixth month in a row low-rise sales have cleared that bar, which covers every month since the HST rebate program launched.High-rise went the other way. Just 129 new hi
Our typical listing spotlight features the standard bells and whistles, including savvy staging. But sometimes, all it takes to make the eyes (and heart) linger is a bare-bones set of photos and a strong foundation.This is the case with 13 Euclid Avenue. Tucked north of Queen, just around the corner
Canada Mortgage and Housing Corporation (CMHC) counted 143,929 homes in September that have approved building permits and no construction started.That count, reported alongside CMHC’s figures for centres of 50,000 or more, rose 1.1% from August.Compared with a year ago, starts have fallen. Actual ho
