12 h. ago Family behind Toronto's iconic peameal bacon sandwich awarded Key to the City

Two members of the family that put Toronto on the map with a sandwich were just awarded the key to the city.The names Robert and Maurice Biancolin may not immediately stir recognition among every Toronto resident, but their business most certainly will.After their father took over St. Lawrence Market's Carousel Bakery in the late 1970s, the Biancolin family took the city's food scene by storm when they added one simple and quintessentially Toronto item to their menu: the Peameal Bacon Sandwich.Using, at the time, Peameal bacon (which, we'll have you know, was invented in Toronto) cured in-house by Maurice and Robert's father, the sandwich quickly became a staple for folks across the city, thanks to how quickly and affordably it can be made and, before too long, the Peameal Bacon Sandwich began attracting global attention.Of course, Carousel Bakery isn't the only business in Toronto — or in St. Lawrence Market, for that matter — that serves the sandwiches, ...

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12 h. ago ‘From bad to terrible’: Toronto’s market for new condos has fallen off a cliff

Sales in Toronto are down 77% from last year to levels not seen in 30 years, according to Urbanation Inc.

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16 h. ago ‘I don’t think we are bouncing back’: Struggling Toronto housing market could remain fragile through 2025, realtors say

Sellers are losing leverage and buyers remain cautious amid economic uncertainty

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5 d. ago Toronto home featured in a design magazine hits the market for $4.5 million

If you've ever dreamed of living in a home so polished it could grace the pages of House and Home — well, 152 Kenilworth Ave. in Toronto already has.Right in the heart of The Beaches, this newly renovated stunner isn't just move-in ready—it's show-off-to-everyone-you-know ready. Designed and curated by East Design House, the five-bedroom home has a surprising amount of character for a new build.Vintage French doors lead to the home office. Inside, you'll find reclaimed hardwood floors from Eastern Europe, coffered ceilings, vintage French doors, and custom millwork that all add century-home-like charm to the house.The living room. The main floor is fairly open concept in layout with tons of natural light.The kitchen. The living spaces are anchored by the kitchen with a dramatic waterfall island, striking marble countertops, integrated appliances, and a built-in bar area designed for entertaining.The family room. The home ...

Economics

8 d. ago Buyers now offering way less than asking price for homes in almost all of the GTA

One may wonder how much more doom and gloom the Toronto housing market can handle, as the negative statistics and outlooks keep piling up month after month.The city, having been immensely overvalued and undersupplied for so long, is in a bit of a state of shock now that the market has done a 180, with more homes now up for sale than ever, making for largest gap between supply and demand on record.Even if this is all good for would-be buyers who have been waiting for some semblance of affordability for years, the stagnation has only led to a modest drop in average prices lately, with most owners and developers unwilling or unable to bear the substantial loss of pricing to sell in this current landscape.Still, per the latest numbers from the Toronto Regional Real Estate Board (TRREB), the cost of the standard residential property in the GTA slid 5.4 per cent in June compared to the same time last year — the most significant year-over-...

Economics

1 week ago Totally unliveable Toronto house is somehow still selling $800,000

The Toronto real estate market is, by all metrics, kinda terrible right now. And yet, it somehow still has the audacity to ask almost $800,000 for an unliveable house.120 Castlefield Ave. is literally falling apart — but because it's in Toronto’s coveted Allenby neighbourhood, it's still considered valuable.At one point, this house was probably fine. It's a classic three-bedroom, one-bathroom semi-detached with original hardwood floors, tall ceilings, and a fireplace. But those days are long gone.A bedroom. After what looks like years (decades?) of neglect, the inside of the home resembles a horror movie set more than a real estate listing.The kitchen. The walls are crumbling, the paint is peeling, the ceiling is literally falling in, and the kitchen looks ... terrifying. A bedroom. Despite this, the house is listed at $799,900 — a relative "bargain" in a neighbourhood where semi-detached homes usually sell for $1...

Economics

2 w. ago Mind behind Toronto's latest viral food obsession always knew it'd be a hit

The entrepreneur behind Toronto's viral new self-serve acai bowl concept has been blown away by the response, but he always knew it would be a hit.You can't visit Stackt Market this summer without finding the entire place flooded with a sea of visitors armed with forest green cups full of brilliant indigo fro-yo.Where are they coming from? Look no further than Haydn's — the unit that, more often than not, will boast a line snaking out the front door and around the corner.To say that the self-serve acai bowl and frozen yogurt concept has made a splash in Toronto ever since it opened in early June of 2025 would be a major understatement. Within the space of a month, it's become one of the most sought-after spots in the city, with eager eaters happily opting to line up for anywhere from 10 to 45 minutes just to get their hands on it.Founder Haydn Wain-Lowe told us that the response has been nothing short of "incredible," though, when the vision for the s...

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2 w. ago Leafs GM Brad Treliving ‘anticipates’ Mitch Marner hitting open market in free agency

'Unless there’s a significant change here, I would anticipate that he's going to hit the market.'

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2 w. ago Toronto's Kensington Market losing yet another longtime independent business

A beloved Toronto fishmonger that's been a neighbourhood cornerstone for over a decade is closing down at the end of the month.Kensington Market is among the most community-centric neighbourhoods in Toronto; a tall order, considering the city's growing population and residents' increasing tendency to stick within their own circles.It's this exact community-first attitude in Kensington that's allowed the neighbourhood to foster a number of legendary local spots, from Courage My Love to Augusta Fruit Market and many in between.Local fishmonger business, Hooked Inc., is one such stalwart.The business was born in 2011, when founders Kristin and Dan Donovan opened Hooked's original location in Leslieville, selling some of the highest-quality, sustainably caught, local seafood in the city, and their Kensington location quickly followed in 2012.Hooked didn't have a monopoly on the fresh fish business along Baldwin Street, with other local staples like Sea Kings ...

Economics

3 w. ago Here's another big sign Toronto's housing market is in turmoil right now

Toronto's real estate market is stuck between a very large rock and a very hard place as the city faces the unique dilemma of having more than 30,000 homes up for sale that few can realistically afford, but that owners can't let go of for less than the prohibitive prices the city accepted as the norm for so many years, and that they themselves paid.The data points have been trending in an unsettling direction for local realtors, property owners and developers, the latter of whom are now stalling projects in response to a profound sales slump during a time when building costs (including municipal levies and other taxes) are ever-more exorbitant.Along with a sharp decline in the number of homes switching hands and a consequent drop in construction activity, there has also been an uptick in power of sale listings as more people default on their mortgages, and far more properties selli...

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3 w. ago Review: ‘Mario Kart World’ a solid, safe offering for Switch 2’s early adopters

TORONTO — When the hybrid Nintendo Switch console hit the market in 2017, the bold new system had a bold new game to match. “Legend of Zelda: Breath of the Wild” introduced an open world and non-linear structure to the hit franchise — radical departures from past “Zelda” games — and the risk was rewarded […]

Culture

3 w. ago $4 million Toronto home was originally built for an NHL star

Tucked away on a leafy lot in the ultra-exclusive Edenbridge enclave, 16 Ripplewood Rd. is the kind of house that is way cooler than it lets on.First off, it was designed in the 1950s by Canadian architect Gardiner Cowan, who trained at the Frank Lloyd Wright Architecture School, Taliesin. Second, this mid-century modern gem was originally built for Hockey Hall of Famer Joe Primeau. Additionally, it has only been on the market once before, which is quite a rarity in Toronto. The front porch. So if you're into pedigree, this home is already batting a thousand (or an equivalent hockey reference), and this four-level stunner is anything but ordinary.The dining room. From the vaulted ceilings and massive picture windows to the Japanese and Scandinavian design touches, every inch of this home has been thoughtfully curated and extensively renovated by Flattery Design.The prep area off the kitchen. We're talking a million-...

Economics

4 w. ago Condo sales plummet in Toronto and Vancouver but more resilient elsewhere

Condo sales in Toronto have fallen 75 per cent and in Vancouver they are down 37 per cent

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4 w. ago No one is building condos in Toronto anymore as market hits 20

Almost every piece of data that has emerged about Toronto real estate in the last year-plus has served as a disheartening blow to anyone with a stake in the market, as the city's once-scorching sector has slowed to a crawl — and keeps waning further.The latest analysis, published by the Canada Mortgage and Housing Corporation (CMHC) on Monday, reinforces that the country's new condo market specifically is in a state of deep turmoil, especially in locales like Toronto and Vancouver, where the housing type has long been a boon to investors.The national housing agency says that as of May, housing starts nationwide have fallen slightly from this time last year, mostly driven by "weak condominium market conditions" in both Toronto and Vancouver that have pulled the stats for these hubs down drastically below this national average.The west coast city broke ground on 10 per cent fewer homes over the co...

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