7 h. ago Downtown Toronto is still struggling despite some signs of life returning

Downtown Toronto has gradually recovered much of the vitality lost during the pandemic years, but the city centre is still struggling with a dearth of office workers even amid signs of life returning.New data in CBRE's just-released Q1 2025 Canada Office Figures report reveals that vacancy in downtown Toronto's gutted commercial market rebounded slightly during the first months of the year, but there's still a long way to go before things are even close to normal again.CBRE's figures show that Toronto fared better than other Canadian cities during the first quarter of 2025, with downtown office vacancy declining by 50 basis points to 18.5 per cent.While this leap marks the first substantial drop in vacancy recorded since the market took a nosedive in early 2020, there is still much ground to recover should vacancies ever drop to the figures seen in the before-times.Central Toronto's office market hit a record low vacancy rate of just 2.2 per cent in the fourth quarter of 2019. Howev...

Other

65 h. ago Contemporary French chateau in Toronto hits the market for over $9 million

In 2017, 34 Old English Ln. sold for a little over $3 million with the intention of being completely transformed. The five-bedroom, three-bathroom house was one of the original Old English Lane homes and was in need of some major TLC. And gurrrrrllll, 34 Old English Ln. got a makeover!Spanning over 10,000 square feet, 34 Old English Ln. is now a contemporary French chateau with an Indiana limestone facade, architectural details galore and all the modern amenities you could ask for. The dining room. As you drive up to the estate, you're greeted by a circular heated driveway, four-car garage and perfectly manicured landscaping. The foyer. The custom wrought iron doors set the tone for the interior of the house, which is giving chic hotel vibes. The living room and kitchen.The main floor has an open concept layout with soaring 11-foot ceilings and 22-foot ceilings in the Great Room, which has a dramatic fireplace.  The living room. Floor-to-...

Economics

3 d. ago Market Rout Starts With Big Tech as Tariff, Inflation Fears Hit

US stocks buckled again Friday as risk assets were pummeled by everything from renewed tariff concerns to signs that inflation remains sticky while consumer spending wobbles.

Economics

4 d. ago Trump’s auto tariffs hit stock market as GM, Ford fall while Tesla rises

General Motors sank 6.8 per cent for one of the market's sharper losses after Trump announced 25 per cent tariffs on imported cars. Ford Motor dropped 2.2 per cent.

Economics

7 d. ago Toronto home that's only ever had one owner hits the market for $800k

As anyone who has ever moved knows, moving sucks. So we deeply respect anyone who moves into a place and then just never leaves. The owner of 8 Graylee Ave. did just that (winning) and, as a result, can now say they have been the only owner of this three-bedroom, one-bathroom house in Scarborough. But it's time for owner number two, and this detached house is definitely a catch, even if it's listed "as is." The living room. First off, it's listed at $798,800, which is well below the average detached house price of $1.2 million in this neighbourhood. Second, since it's only ever had one owner, you only have to deal with one person's choices when it comes to what they've done with the house. A bedroom. That means you don't need to strip off eight layers of paint on the doors and window trim. You won't need to spend the better part of a week steaming off 13 layers of questionable wallpaper or take down...

Economics

7 d. ago Toronto home that's only ever had one owner hits the market for $800,000

As anyone who has ever moved knows, moving sucks. So we deeply respect anyone who moves into a place and then just never leaves. The owner of 8 Graylee Ave. did just that (winning) and, as a result, can now say they have been the only owner of this three-bedroom, one-bathroom house in Scarborough. But it's time for owner number two, and this detached house is definitely a catch, even if it's listed "as is." The living room. First off, it's listed at $798,800, which is well below the average detached house price of $1.2 million in this neighbourhood. Second, since it's only ever had one owner, you only have to deal with one person's choices when it comes to what they've done with the house. A bedroom. That means you don't need to strip off eight layers of paint on the doors and window trim. You won't need to spend the better part of a week steaming off 13 layers of questionable wallpaper or take down...

Economics

2 w. ago Toronto home with stunning floating spiral staircase hits market for over $2 million

Three years ago, 14 Kildonan Dr. was a quaint three-bedroom house that looked like it had been in the same family for at least 40 years. With faded wallpaper, appliances from the late '60s, and water-damaged walls, it needed a lot of work. But boy, did it get the glow up of the decade. The family room off the kitchen. 14 Kildonan Dr. has been completely transformed into a modern, custom-built four-bedroom, four-bathroom home. The living room. The home is now bright, airy, and filled with natural light. The view from the front entrance. As you walk into the home, you're greeted by soaring ceilings and views of a stunning floating spiral staircase that is equal parts sculptural and functional. The kitchen and dining area. The main floor is pretty open concept, with each room flowing into the next. The kitchen with a wine fridge. The kitchen is at the centre of the home and features integrated appliances and a large island, an...

Economics

2 w. ago Former Super Bowl MVPs Aaron Rodgers and Cooper Kupp hit open market

The NFL league year kicked off Wednesday with two former Super Bowl MVPs hitting the open market. The Los Angeles Rams cut receiver Cooper Kupp just days after signing Davante Adams to be his replacement and the New York Jets released quarterback Aaron Rodgers following a failed two-year stint. The Rams cut Kupp after being […]

Other

2 w. ago Trump officials defend tariffs as market turmoil hits savings, retirements

The U.S. stock market was sinking further Tuesday after Trump said he would double tariffs on Canadian steel and aluminum, continuing a more than week-long downward trend.

Economics

3 w. ago Trump’s trade threats starting to hit Canadian credit market

For companies with access to global debt markets, Canada is simply not attractive at the moment

Economics

3 w. ago Trump’s Trade Threats Are Starting to Hit Canadian Credit Market

The tariff throwdown between Donald Trump and Justin Trudeau has slowed Canadian corporate bond sales to a trickle over the past week as investors demand a higher premium to hold loonie debt.

Economics

3 w. ago These stock market sectors are getting hit hardest by the trade war

Technology, financial and energy companies took the biggest hits

Economics