Toronto

Increase in Cranes in Toronto’s Downtown

Construction is ramping up in downtown Toronto. The city has the most cranes not just in Canada, but in North America, according to a recent article from blogTO.  As of RLB’s July 2019 Crane Index, Toronto has 120 cranes for both residential and mixed-used projects which is up from 104 in January.   “The spring season has seen an increase in cranes in Toronto’s downtown; however, most... Read more »

Park It: Autonomous Vehicles and Parking

Autonomous vehicles are already re-shaping how we think about driving – but as they rise in popularity, they’re also primed to have a major impact on parking, real estate and future city planning. The use of owned or leased vehicles is reducing with the popularity of shared-ride service providers, environmental concerns, increased walkability, as well... Read more »

Toronto’s Housing Market Sees a Shift to Mid-Rise Development

There’s a subtle shift under way in the Greater Toronto Area’s pre-sale condominium market in 2018: As developers are launching fewer towering projects designed to woo investors, they are finding there’s still a strong market for people looking to pay a little more money for a larger, family-friendly unit in neighbourhoods outside the downtown core.... Read more »

Toronto – Denser Than Brooklyn?

Though some might pretend Toronto is similar to Brooklyn, there are still some notable differences, especially when it comes to densification. According to a recent study by the Fraser Institute, Toronto ranks 19th among a list of high-income, international cities. Toronto has 4,457 inhabitants per square kilometre, while London and New York has just over... Read more »

Re-thinking High-Rise Tower Neighbourhoods

While the GTA has many spaces for residential buildings, planners are worried that high-rise buildings are offering life in the city, but without a city life. Some blocks have no places to buy groceries, go shopping, meet neighbors or even have empty lawns. The proposed alternative is to develop high-rise tower neighbourhoods. Advocates are looking... Read more »

Toronto Considers Supertall Building Proposals

Plenty of developers are trying to get an approval from the city to build the first supertall building in Toronto. Currently, buildings over 90 storeys are considered supertall. The city currently has three, and some proposed buildings would be classified as supertall – the YSL building (98 storeys), 1 Yonge Street (95 storeys) and The... Read more »

Vancouver, Toronto, Calgary Named Most Livable Cities

According to Analysts at the Economist’s Intelligence Unit, three Canadian cities Vancouver (third place), Toronto (fourth place) and Calgary (fifth place) all placed among the top five most livable cities to live in 2017. The quality of life is measured based on stability, healthcare, culture and environment, education and infrastructure. The top scoring cities are... Read more »

GTA Industrial Market Report

According to a recent report from Colliers, the GTA industrial market reported a 2.7% availability rate in the second quarter of 2017. A total of 2,534,996 square feet of new supply became available in this quarter, all in the GTA West. The average sales price per square foot in GTA was $169, which was a... Read more »

Why Toronto’s Condo Market is Still in High Demand

Toronto’s condo market is still in high demand, even despite the new Ontario foreign-buyer tax. Here are some charts that explain why and how the market is not dying any time soon. First, construction hit an all-time high in Ontario in the second quarter of 2017. Contractors are building enough to meet the demand in... Read more »