27 h. ago 10 condos you can buy for less than $400k in downtown Toronto right now

Toronto's real estate market is in an unprecedented downward spiral which continues to scare away buyers worried about what snail-paced sales and a growing backlog of listings will mean for their future investment.But, for those brave enough to fulfill their dream of property ownership amid such an uncertain market (and economy in general), there are some serious deals to be had, with house, townhome and condo prices inching downward, in some cases to levels not seen in many years.For the first time in a long time, units in downtown T.O. are getting snagged for around the $350,000 mark — one, in fact, sold for only $295,000 this week — with dozens currently available in the $300k range, which would have been unheard of just a few years ago.Here are some of the most affordable units on the market right now:1014-251 Jarvis StreetKW Living Realty, Brokerage/condos.caThis clean, bright studio may be small and cookie-cutter, but wha...

Economics

62 h. ago Canadians are refusing to accept reality and write down their real estate — and sales are suffering as a result

There is reluctance to accept the new economic reality and the impact that is having on the value of assets

Other

5 d. ago KIC Realty Alberta Welcomes Brian Torry as Vice President of Compliance

CALGARY, Alberta, Sept. 08, 2025 (GLOBE NEWSWIRE) — KIC Realty is proud to announce the appointment of Brian Torry as Vice President of Compliance. With over 25 years of experience in Toronto’s real estate industry, Brian brings a unique blend of sales expertise, operational leadership, and development insight to the brokerage. His career has spanned […]

Other

7 d. ago 'It's just stuff': Ottawa estate sale gives a glimpse into a billionaire's life

Adam Miron and his family wanted to downsize before living abroad for an extended period of time.

Other

8 d. ago Toronto real estate getting desperate as homes sit on market for ages

The rocky road for Toronto real estate continues as property owners face a dire new reality where sales are falling flat, values are inching downwards, new developments are at a standstill and units that would have once sparked a bidding war are now near-impossible to sell.Though this summer has brought glimmers of a rebound as far as sales volumes — a number which, as recently as May, has been down double-digit percentages compared to the same time last year — there are still a substantial number of properties sitting stagnant on the market, and, per the latest report from the Toronto Regional Real Estate Board (TRREB), they are taking progressively longer to sell, if they sell at all.In August, 14,038 new condos, townhouses, semi-detached houses and standalone homes came to market across the GTA (9.4 per cent more than in August 2024), making for a total of an astounding 27,495 active listings — less than the 32,082 ho...

Other

2 w. ago No one is buying new homes in Toronto anymore as sales plummet below '90s crash

Even if you're not at all involved, or even interested in Toronto real estate, the sales trends of the last while have been absolutely fascinating, with owners, investors, developers, and realtors left stranded at sea as the market is flipped on its head.The conflation of a brutal economy, rampant unemployment, the ongoing trade war with the U.S., higher interest rates (which are, thankfully, finally on the decline following a peak through 2023 and 2024), and eternally overvalued property has led the GTA to its current point: a months-long standoff in which would-be buyers are completely steering clear of the market.It's caused home sales numbers to tank to record lows, listing volumes to skyrocket to record highs, and available homes to sit up for sale for far longer.It's also pushing developers to put a decided halt on new construction, especially when it comes to the condo segment, which i...

Events

4 w. ago MADD Canada Honours Victims at Manitoba Memorial Monument Ceremony

WEST ST. PAUL, Manitoba, Aug. 16, 2025 (GLOBE NEWSWIRE) — Today, MADD Canada is holding a ceremony to pay tribute to victims who have been killed and those who have suffered injuries as a result of crashes involving alcohol, cannabis and/or other drugs. The ceremony will be held at MADD Canada’s Manitoba Memorial Monument in […]

Culture

4 w. ago Canada’s home sales climb almost 4%, the fourth monthly rise in a row

CREA say 'the long-anticipated post-inflation crisis pickup in housing seems to have finally arrived'

Other