Home construction authority moves to revoke Burlington developer’s license

Home construction authority moves to revoke Burlington developer’s license

Ontario’s Home Construction Regulatory Authority (HCRA) wants to revoke the license of Adi Developments, the company that last spring demanded buyers of its Burlington Nautique condos pay millions of thousands of dollars more for units they agreed to purchase as far back as 2015. Those who refused to pay the additional sum had their purchase … Read more

Toronto house listed for $900K sat on market for 3 months

Toronto house listed for 0K sat on market for 3 months

#GTAHomeHunt is a weekly series from the Star that gets into the details of real estate listings in Toronto and the Greater Toronto Area. Have a tip? Email us at social@torstar.ca Listing price: $899,900 Neighborhood: Oakwood Village X factor: Located in York is this two-bedroom, two-bathroom detached house at 564 Northcliffe Boulevard. The 1,500-square-foot home … Read more

Inside this $8M Toronto ‘masterpiece’ with rock climbing wall

Inside this M Toronto ‘masterpiece’ with rock climbing wall

Nestled in the Lytton Park neighborhood, this spacious house with contemporary finishes is luxurious in detail and offers an oasis in the city. The home, 65 Hillhurst Boulevard located in Toronto’s Lawrence Park South neighborhood, is listed for $7,990,000 and has four bedrooms and seven bathrooms. On the market for nearly two weeks, the house … Read more

This eight-foot-wide house could be yours for $2 million

This eight-foot-wide house could be yours for  million

It’s one of the narrowest houses in the city. The custom-built residence at 138 St. Clarens Ave., near Little Portugal, is just eight feet wide, according to realtor Keven Trudel. But don’t be disappointed by its pencil-thin dimensions. The three-storey detached home is approximately 1,700 square feet and includes three bedrooms, four bathrooms, plus a … Read more

Toronto house listed for under $1M on market for over 60 days

Toronto house listed for under M on market for over 60 days

#GTAHomeHunt is a weekly series from the Star that gets into the details of real estate listings in Toronto and the Greater Toronto Area. Have a tip? Email us at social@torstar.ca List Price: $799,900 Neighborhood: Wallace Emerson X factor: Lease. The house at 580 Lansdowne Ave. is steps away from Lansdowne subway station making it … Read more

Canada’s real estate market is slumping — but it’s not a crash

Canada’s real estate market is slumping — but it’s not a crash

Canada’s housing market is slumping — and fast. In Toronto, the number of home resales was down about 47 per cent in July compared to the previous year, while new listings fell by about four per cent. New data released Monday by Statistics Canada found home prices increased by a mere 0.1 per in July … Read more

Bidding wars, soaring prices: Toronto renters face a ‘perfect storm’

Bidding wars, soaring prices: Toronto renters face a ‘perfect storm’

Timur Radzhapov felt he had no choice. Tired of being outbid by other renters during his apartment hunt, the 22-year-old newcomer to Toronto gave in and offered $300 over the asking price on a two-bedroom rental unit. Moving here from Montreal in June, Radzhapov was shocked by how hard he was to secure a place … Read more

This $2.25 million luxury home used to be a garage.

This .25 million luxury home used to be a garage.

This lot in East York used to be a dilapidated garage. Now, it’s being turned into a luxury home that can house a family. Sitting at 951b Greenwood Ave., the derelict, single-door garage caused a stir when it hit the market for $600,000 in 2019 and eventually sold for $700,000 in 2021. Now, the lot … Read more

Toronto home prices drop for fifth straight month in July: TRREB

Toronto home prices drop for fifth straight month in July: TRREB

For the first time since prices began plummeting earlier this year, the average price of a single detached home in Toronto was lower than it was a year ago, according to the latest report from the city’s real estate board. The average price of a detached home in the Greater Toronto Area fell by 3.1 … Read more

Developers to delay building 10,000 condos in GTA as sales plunge

Developers to delay building 10,000 condos in GTA as sales plunge

Developers are expected to delay building 10,000 new condominium units as preconstruction sales plunge amid interest rate hikes. At the beginning of the year around 35,000 new condo units were anticipated to launch in the GTA. Close to 16,000 units were put on the market at the start of the year, but with fewer than … Read more