Toronto Office Vacancy Hits 18.6%, Peaking in 2025
Toronto's office vacancy rate stands at 18.6%, driven largely by older buildings struggling for tenants. Office vacancy is expected to peak in early 2025, marking the end of the remote work adjustment.
ओंटारियो के मंत्रीयल ज़ोनिंग आदेश प्रक्रिया में सुधार की ज़रूरत, ऑडिटर जनरल का कहना
ओंटारियो के ऑडिटर जनरल ने मंत्रीयल ज़ोनिंग आदेश (MZO) प्रक्रिया में सुधार की मांग की है, खासकर प्रीमियर डग फोर्ड की सरकार के तहत इसके बढ़ते उपयोग को देखते हुए। ऑडिट में पाया गया कि मंत्रालय ने MZOs की आवश्यकता का सही आकलन नहीं किया, जिससे विवादास्पद परियोजनाओं की मंजूरी बिना प्रभावित पक्षों से उचित […]
Ontario’s Winter Vacation Homes Set to Soar
The median price for Canadian vacation properties is projected to rise 7%. Canada's winter vacation properties may reach a median price of $1,019,960.
Ontario’s 2031 Housing Question: A Missed Target?
Ontario’s housing goal faces challenges: The province is unlikely to meet its target of 1.5M homes by 2031. Major barriers to construction: Rising costs, high interest rates, taxes, and bureaucratic delays are stalling housing development
Top Tips for Renting Toronto Apartments
Spend no more than 30% of income, considering rent and additional expenses. Research neighbourhoods for desired atmosphere and proximity to work, schools, and transportation.
Toronto Home Sales Heat Up: 2% Rise in Mid-Q4
Toronto home sales rose 1.9% in November, driven by lower mortgage rates. There were 6,450 home transactions last month, marking the fourth consecutive month of sales growth.
Ultimate Estate Planning Checklist for Ontario Residents
Create a detailed asset inventory, including property, bank accounts, investments, and digital assets for your estate.Create a will to determine asset distribution; appoint an executor, beneficiaries, and a guardian for children.
45- and 48-storey towers planned for Brampton neighbourhood
Two residential towers, 45 and 48 storeys high, are proposed for downtown Brampton, located at Mill Street North and Nelson Street West. The project aims to add 915 residential units, replacing several single-family homes. The unit breakdown includes 436 one-bedroom, 385 two-bedroom, and 94 three-bedroom units, along with 310 parking spaces and 550 bicycle spaces. […]
Is the GTA Housing Market on the Rise Again? A Surprising Turn!
The Greater Toronto Area (GTA) housing market saw a 2.6% increase in home sales in 2024, totaling approximately 67,610, alongside a 16.4% rise in new listings to 166,121. This surge provided buyers with more negotiating power, especially in the condominium sector. However, high borrowing costs and elevated interest rates posed affordability challenges. Substantial rate cuts […]
Changes to building permit rules have been extended in Brampton
Changes to the Ontario Building Code have been implemented, allowing builders, designers, and homeowners in Brampton to apply under the old code until March 31, 2025. The new standards aim to enhance sustainability and safety while streamlining processes to meet industry growth demands. Over 200 changes have been made since the last update in 2012. […]