Nearly complete London, Ont., development put into receivership

Nearly complete London, Ont., development put into receivership

Work has stopped on Applewood Marketplace, a residential and commercial development in London, Ont.Lindsay Lauckner Gundlock A nearly complete mixed-use retail and residential rental project has been pushed into receivership in London, Ont., as its lender alleges construction delays blew up an initial $18-million construction budget and dozens of contractors claim millions in unpaid work. … Read more

Buyer cuts $49,000 off price of East York three-bedroom

Buyer cuts ,000 off price of East York three-bedroom

Keller Williams Portfolio Realty 26 Hopedale Ave., Toronto Asking price: $1,149,000 (May, 2022) Selling price: $1.1-million (June, 2022) Previous selling price: $768,000 (September, 2015) Tax: $4,061 (2021) Days on the market: Seven Listing agents: Irene Kaushansky and Philip Brown, Keller Williams Portfolio Realty Buyer’s agent: Samantha Marasco, Keller Williams Portfolio Realty The action Previous owners … Read more

More homeowners canceling listings, turning homes into rentals as housing market cools

More homeowners canceling listings, turning homes into rentals as housing market cools

When Shannon Tebb listed her downtown Toronto loft for sale in mid-June, she did everything to make the property attractive for buyers. She hired stagers, painted walls, washed the windows, listed the place below market value and advertised all over social media. But by July, she was pulling the property off the market – and … Read more

Your boss is burned out – but terrified to tell anyone. Business leaders are crumbling under the pandemic’s slow pace of work

Your boss is burned out – but terrified to tell anyone.  Business leaders are crumbling under the pandemic’s slow pace of work

Paula Allen in Toronto on Feb., 25, 2021.Christopher Katsarov/The Globe and Mail Two and a half years into the pandemic, business leaders can’t take it anymore. Far too often they are beyond their breaking points, so burned out they barely remember what a normal work life used to feel like – but they’re terrified to … Read more

Huge $905,000 over-asking bid swamps rival bidder for Bedford Park home

Huge 5,000 over-asking bid swamps rival bidder for Bedford Park home

Harvey Kalles Real Estate Ltd. 733 Woburn Ave., Toronto Asking price: $2,695,000 (May, 2022) Selling price: $3.6-million (May, 2022) Previous selling price: $1,350,000 (June, 2007) Tax: $12,947 (2021) Days on the market: One Listing agents: Andre Kutyan and Robert Greenberg, Harvey Kalles Real Estate Ltd. The action The main floor has 10-foot ceilings, oak and … Read more

Buyer slices $4,000 off price of Calgary house

Buyer slices ,000 off price of Calgary house

46 Edgeview Dr., NW., Calgary Asking price: $879,000 (May, 2022) Selling price: $875,000 (June, 2022) Tax: $4,329 (2021) Days on the market: 14 Listing agents: Steven Hill and Matthew Doliszny, Sotheby’s International Realty Canada The action The home has an office, an open dining area and two family rooms, including one with a gas fireplace.ZoonMedia … Read more

Buyers pick up suburban home after $202,500 price drop

Buyers pick up suburban home after 2,500 price drop

Re/Max Realtron Vadim Vilensky Realty Inc. 122 White Spruce Cres., Vaughan, Ont. Asking price: $1,997,000 (May, 2022) Previous asking price: $2,199,500 (April, 2022) Selling price: $1,930,000 (June, 2022) Previous selling price: $658,554 (October, 2012) Tax: $7,879 (2021) Days on the market: 17 Buyer’s agent: Vadim Vilensky, Re/Max Realtron Vadim Vilensky Realty Inc. The action This … Read more

North Vancouver home with a classic architect’s touch gets top dollar

North Vancouver home with a classic architect’s touch gets top dollar

1043 Clements Ave., North Vancouver, BC Asking price: $2.195-million (April 1) Selling price: $2.375-million (April 7) Days on market: 6 Tax: $6,547.12 (2022) Listing agent: Trent Rodney, Royal LePage Sussex The action Listing agent Trent Rodney, who has a large database of West Coast architecture fans, gave 80 two-minute tours of the home over two … Read more

‘Manufactured home communities’ come into their own in the midst of an affordability crisis

‘Manufactured home communities’ come into their own in the midst of an affordability crisis

Eugen Klein sold this trailer park in Ashcroft overlooking the Thompson River.Eugen Klein/Klein Group/Royal LePage Commercial Martin Hayter had planned to retire from London, Ont., to a new condo in Vernon, BC, until he discovered a brand new manufactured home park 20 minutes away, on Okanagan Lake. The 60-year-old retired counselor rented out the one-bedroom … Read more

Ontario buyers choose Calgary country home on 3.65-acre lot

Ontario buyers choose Calgary country home on 3.65-acre lot

Sotheby’s International Realty Canada 32045 276 Ave. E., Rural Foothills County, Alta. Asking price: $1,149,000 (May, 2022) Selling price: $1,146,500 (May, 2022) Tax: $4,640 (2021) Days on the market: One Listing agents: Steven Hill and Matthew Doliszny, Sotheby’s International Realty Canada The action The living room has 17-foot ceilings and a stone fireplace running its … Read more