19 h. ago This $3 million Toronto home from the 1960s is delightfully weird

Toronto real estate has no shortage of glassy new builds and cookie-cutter flips, but every so often, a house comes along that feels like it belongs in both an architectural magazine and a fever dream.Enter 38 Purdon Dr., a ravine-side 1960s modernist with cathedral ceilings, a sunroom bar that literally glows, and a backyard waterfall fed by rainwater.From the street, you know you're not in typical North York territory.The front entrance. The façade glows pink at night, with what can only be described as dinosaur-egg decals on its exterior. And the deeper you go, the stranger it gets.The living room. Originally designed by a local architect in the mid-'60s, the home was completely reimagined in 2002 and again in 2024, fusing mid-century bones with eclectic modern finishes.The dining room. The result? About 5,000 square feet spread across three and a half levels, with five bedrooms, five bathrooms, two kitchens, and four separate entrances.The foyer.&nb...

Economics

47 h. ago B.C. needs a 'real estate czar,' developer Bob Rennie tells premier

B.C. Premier David Eby and developer Bob Rennie discuss various Vancouver issues at a UDI event on Oct. 3, 2025.

Sport

52 h. ago Greystar and other landlords agree to a $141M deal to settle a rent

ATLANTA (AP) — Real estate giant Greystar and 25 other property management companies have agreed to collectively pay more than $141 million to settle a class action lawsuit accusing landlords of driving up housing costs by using rent-setting algorithms offered by the software company RealPage. Greystar, the nation’s largest landlord, would pay $50 million under […]

Economics

56 h. ago Toronto real estate prices plummeting and here's what the average home costs now

Toronto's turbulent real estate market has been accelerating nose-first into the ground for months, and while home sales in the region are actually showing signs of a rebound in the second half of the year, there is still a long road ahead to recovery.However, despite the doom and gloom, the latest monthly figures from the Toronto Regional Real Estate Board (TRREB) offer some hope for buyers and sellers in the Greater Toronto Area (GTA).September home sales in the GTA spiked year-over-year, with declines in average home prices and increased flexibility in negotiations, as sellers are accepting offers well below the asking price, helping to lure cost-conscious buyers out of hibernation. This is thanks in part to the runaway supply of unsold units.A few factors are driving the 5,592 home sales reported by TRREB in September –  a noticeable 8.5 per cent bump over the same month last year. One factor cited by TRREB President Elechia Barry-Sproule is the recent Bank o...

Economics

62 h. ago Toronto home sales up in September following interest rate cut

5,592 home sales were recorded last month, up 8.5% compared to last year

Other

67 h. ago What a $5 million Toronto interior designer's home looks like

If houses could flirt, 239 Borden St. would wink at you from across the street, pull you inside, and then casually drop the fact that it has a 400-bottle wine cellar, rooftop hot tub, and stained glass windows from 1878. We're already blushing.  Professionally rebuilt by designer and owner Lyndsay Jacobs, the house was taken down to its bones — leaving only the original front façade intact — before being transformed into a four-storey showcase of craftsmanship, function, and character.The project wrapped up in July 2023, and it has already been celebrated with a House & Home "House of the Month" feature and featured in Beta Publishing's Timeless Living.The front of the house. Although, to be fair, we'd expect nothing less from a designer's own home. The living room. Inside, the first thing that strikes you is the mix of history and modernity.A powder room with a Red Alicante marbl...

Economics

3 d. ago Edmonton’s real estate forecast to lead the nation for activity

Ongoing relative affordability is the main driver for Edmonton's continued sales.

Other

3 d. ago Increased supply and slowing demand continues to drive down Calgary's housing prices

Calgary's real estate market is continuing to shift toward favouring the buyer, as an increase in new listings meets slowing demand.

Economics

3 d. ago Increased supply and slowing demand continue to drive down Calgary's housing prices

Calgary's real estate market is continuing to shift toward favouring the buyer, as an increase in new listings meets slowing demand.

Economics

3 d. ago Haunting photos show the demolition of a landmark Toronto hospital

A beautiful structure that has served Toronto's health care needs for almost three-quarters of a century is being reduced to rubble, and haunting photos of the demolition at Michael Garron Hospital (MGH) document the final days of this impressive but ultimately doomed landmark.Following the completion of MGH's new Ken and Marilyn Thomson Patient Care Centre in early 2023, the facility is embarking on the next phase of a long-term plan to modernize and expand the complex.However, this next phase of the hospital's transformation will come at a significant cost to the area's architectural character.The old brick wings of MGH (formerly Toronto East General), including a grand structure along Coxwell Avenue, were officially closed back in March and are now in the process of being torn down as part of the hospital's long-term revitalization plan.Constructed in 1951, well after the Art Deco and Streamline Moderne periods, the building exhibits some impressive featu...

Science

3 d. ago RioCan Real Estate Investment Trust Announces Investor Day and Third Quarter 2025 Earnings Release, Conference Call and Webcast

TORONTO — RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) announces Investor Day and Q3 2025 Earnings Release Details. Investor Day RioCan will host an Investor Day in Toronto, Ontario on Tuesday, November 18, 2025, at 9:00 AM ET. President and Chief Executive Officer, Jonathan Gitlin, and members of RioCan’s leadership team will discuss RioCan’s […]

Culture

3 d. ago Modern Toronto mansion that feels like art gallery costs a whopping $25 million

If you've ever wondered what it would be like to live in a high-design art gallery that also happens to be a house, one of Toronto's newest luxury listings might answer that for you.The 211 Dunvegan Rd. estate in the ritzy Forest Hill neighbourhood just hit the market for a casual $25,000,000, and it's the kind of place that makes you stop and stare.The façade alone makes a grand statement before even stepping inside. Defined by elongated horizontal brickwork and huge panes of glass, the design feels both sculptural and grounded — a deliberate effect, according to listing agents Adam Weiner and Michael Silverberg.The dramatic, sculptural staircase. "This is not merely the premier residence in Forest Hill," Silverberg told blogTO. "It stands among the most significant works of residential architecture in all of Toronto."The kitchen and family room. Even the doors are entirely unique to this property, with each door prin...

Economics

3 d. ago Hawaii real estate investor denies improper use of Ohtani’s likeness in lawsuit

HONOLULU — Lawyers for a Hawaii real estate investor and broker who sued Shohei Ohtani and his agent denied any improper use of the star’s likeness for a development project and alleged the agent was trying to deflect blame for cost overruns at the player’s home. Ohtani and Nez Balelo of CAA Baseball were sued […]

Other

4 d. ago SmartStop Self Storage REIT, Inc. Closes Transaction With Argus Professional Storage Management

LADERA RANCH, Calif. & TUCSON, Ariz. — SmartStop Self Storage REIT, Inc. (“SmartStop”) (NYSE: SMA), an internally managed real estate investment trust and a premier owner and operator of self-storage facilities in the United States and Canada, confirmed that it has completed its previously announced transaction with Argus Professional Storage Management (“APSM”). Together, SmartStop and […]

Culture

4 d. ago Rick Perry’s Energy REIT Fermi Jumps 19% After $683 Million IPO

Fermi Inc. shares opened 19% above their initial public offering price in New York after the energy real estate investment trust raised $682.5 million in its US listing.

Economics

4 d. ago Ontario takes 7 of Canada's top 8 places to buy a home right now

If you're actively pursuing your goal of home ownership in Ontario, you might already be in one of the most ideal markets in Canada to turn those dreams into reality. According to a Zoocasa report released on Wednesday, major cities across Canada, including many in Ontario, are becoming more buyer-friendly, whereas smaller, more affordable regions are swinging in favour of sellers. The real estate agency analyzed which markets provided the best prospects based on the latest sales-to-new listing ratios, which were based on the respective local real estate boards' August 2025 data. This ratio, Zoocasa explains, is a "key indicator of market conditions," with a higher ratio (above 60 per cent) signalling a seller's market, while a lower one (below 40 per cent) indicates a buyer's market. Source: Zoocasa. The report found that the GTA is now one of Canada's clearest buyer-friendly markets, with its ratio falling from 40 per cen...

Other

4 d. ago RioCan Real Estate Investment Trust Completes $200 Million Issuance of Series AP Senior Unsecured Debentures

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES TORONTO — RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) today announced that it has completed its previously announced issuance of $200 million principal amount of Series AP senior unsecured debentures (the “Debentures”). The Debentures were sold at a […]

Economics

4 d. ago Hidden Toronto compound that was once a dairy just hit the market

Toronto's Parkdale neighbourhood has no shortage of cool houses, but this one might take the cake — or, more accurately, the milk crate.Once home to Harry's Dairy, the shop that delivered milk by horseback to local cottages in the 1890s, this legendary property at 67 Elm Grove Ave. has been reimagined into one of the city's most unique and creative homes.And now? It's for sale — in two separate pieces.The secluded entrance to 67 Elm Grove Ave. Realtor Michael Majeski explains that what was once Harry's Dairy compound is now two listings, but three houses.A bedroom with custom millwork and limewashed walls. The first is 67 Elm Grove Ave., which includes two homes on one lot: the original dairy — now a jaw-dropping converted warehouse residence — and an attached three-storey Victorian that fronts Elm Grove Ave.The living room of 69 Elm Grove Ave. The second is 69 Elm Grove Ave., a separate semi-detached duplex t...

Other

4 d. ago Zalupski’s group finalizes purchase of Rays, ending Sternberg’s 18

ST. PETERSBURG, Fla. — A group led by Florida-based real estate developer Patrick Zalupski closed on its purchase of the Tampa Bay Rays on Tuesday, finalizing the sale of the team from former owner Stuart Sternberg. Major League Baseball owners unanimously approved the transaction last week. The price was not disclosed. “It’s an incredible honor […]

Sport

5 d. ago FTC sues Zillow and Redfin over deal it accuses of supressing competition in rental ads

NEW YORK (AP) — The U.S. Federal Trade Commission is suing Zillow and Redfin, accusing the real estate companies of entering what the regulator says is an illegal deal to suppress competition in online rental advertising. In a lawsuit filed on Tuesday, the FTC alleges that this agreement started in February — when Zillow paid […]

Other