Builders are always looking for bargains, so it caused quite a stir when a pleasant backsplit went on the market in North York’s Willowdale area earlier this month for what may have seemed like a crazy amount to anyone else — $1.1 million. All that counted to the dozens of interested builders who filed […]
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Rise of Willowdale, Toronto’s Hottest New Neighborhood – Part 2
“It’s pretty easy to understand why people are doing this — the economics are completely in line with the market when you consider that a detached house in the City of Toronto is worth over $1 million now. “It’s definitely changing the character of neighbourhoods and it’s certainly not good for affordability. But it’s […]
More Than 20,000 Condos Under Construction Along Yonge St
Toronto’s once-derelict areas along Yonge St are in the midst of the most remarkable transformation in its history, with more than 20,000 condos that will house more than 30,000 people — the population of Orillia — under construction or in the planning stages. And that’s just in a seven-kilometre (7 km) stretch from Lake Ontario […]
Lower Speed Limits Are Posted In Some Toronto Neighborhoods
The Toronto neighborhood speed limits are going down from 40 km/h to 30 km/h. Posted speed limits are starting to be lowered for some Toronto neighbourhoods. Councillor Josh Matlow says signs will be changed, beginning in Ward 22, from 40 km/h to 30 km/h “sometime this week.” “This will not affect arterials and collectors,” Matlow […]
Toronto Named Hottest Luxury Real Estate Market In The World
TORONTO – High-end homes are being snapped up increasingly fast in Toronto, named the world’s hottest luxury real estate market in a new report that looks at where the wealthy choose to live. The report by Christie’s International Real Estate says Toronto was the only location among the world’s top 10 markets to see […]