5 h. ago A Toronto home that's been in the same family for over 100 years just hit the market

Toronto's Lawrence Park is famous for its stately multi-million dollar homes, manicured lawns, and more history than your average block in the city.But even among the area's grand old properties, 213 St. Leonards Ave. stands out for quite a unique reason: it's been in the same family for over a century; 102 years, in fact, according to its listing agent."We still have the original blueprints inside," says agent Michael Silverberg.A view into the dining room. He adds that the house is an original Tudor revival, and has "such great charm." "It's got the original facade, original brick around the fireplace and original floors," he tells us.An aerial view of the property. Sitting on a 50-foot-by-150-foot south-facing lot on one of Lawrence Park's most prestigious streets, it's pretty evident from one look that the home oozes heritage. The original front facade. The timeless exterior style that ...

Other

11 h. ago Melcor Developments announces second quarter results, declares quarterly dividend of $0.13 per share

EDMONTON, Alberta, Aug. 14, 2025 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (“Melcor”) (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the second quarter ended June 30, 2025. The second quarter Management Discussion & Analysis (MD&A) and Condensed Interim Financial Statements are available on our website (www.melcor.ca) under Investors, or […]

Economics

14 h. ago Bank of Canada is open to rate cuts, but lower rates are likely a ways off

Robert McLister: Cuts could be several inflation reports and some crossed fingers away

Other

20 h. ago Choice Properties Real Estate Investment Trust Declares Cash Distribution for the Month of August, 2025

Not for distribution to U.S. News Wire Services or dissemination in the United States. TORONTO — Choice Properties Real Estate Investment Trust (“Choice Properties”) (TSX: CHP.UN) announced today that the trustees of Choice Properties have declared a cash distribution for the month of August, 2025 of $0.064167 per trust unit, representing $0.77 per trust unit […]

Other

29 h. ago Someone is trying to sell this Toronto house with no roof for $13.6 million

In 2020, 975 Dovercourt Rd. sold for $1,450,000 as a four-bedroom, four-bathroom home with "lots of opportunity."Back then, the ground floor was home to a beauty salon, while the rest of the building was residential. But even in 2020, it wasn't exactly move-in ready — the original listing literally had "needs work!" in the description.Five years later, it seems like it still very much "needs work!"The current listing photo, which was taken before renovations began. If you walk past the home today, you'll notice a glaring lack of roof and the fact that the interiors have been completely gutted.The current owners clearly started renovating — possibly with plans to turn the place into something bigger — but somewhere along the way, the project stalled. Maybe they hit permit snags, maybe funding ran dry, or maybe they're just taking a really long coffee break.And yet… the property is back on...

Economics

33 h. ago Madison Pacific Properties Inc. announces the results for the six months ended June 30, 2025, appointment of President and CEO, appointment of director and declares dividend

VANCOUVER, British Columbia, Aug. 13, 2025 (GLOBE NEWSWIRE) — Madison Pacific Properties Inc. (the Company) (TSX: MPC and MPC.C), a Vancouver-based real estate company announces the results of operations for the six months ended June 30, 2025. In July 2024, the Company’s Board of Directors approved a change of financial year-end of the Company from […]

Other

38 h. ago Canada’s Trump trade tensions ‘intensifying’ trend of falling rents, says RBC

Rents have dropped in half of Canada's major cities, especially in regions hit by job losses

Economics

43 h. ago These are the features that homebuyers in Canada say are their biggest dealbreakers

There are many factors Canadian homebuyers need to consider when it comes to making the big purchase.Sometimes, the decision comes down to budget; other times, it comes down to checking off all of the amenities on your wishlist.When it comes to dealbreakers for Canadian homebuyers, a new Leger survey commissioned by RE/MAX Canada found that what's on the outside might matter more than what's on the inside.The survey found that prospective homebuyers are judging listings based on curb appeal and the state of the neighbourhood even before they stop inside the home."While the home is the ultimate goal for buyers, the neighbouring properties and surrounding community often say a lot about what life might be like there for you, as a resident," said Don Kottick, president of RE/MAX Canada."Not all homebuyers are able or willing to see past a rough exterior to find properties with potential, and something like an unkempt streetscape could be their sign...

Other

44 h. ago Cameron Stephens Launches Accelerated Lending Program to Support Commercial Real Estate Loans Up To $15 Million

TORONTO — Cameron Stephens Mortgage Capital Ltd. (“Cameron Stephens”) is pleased to announce the launch of its new Accelerated Lending Program, designed to offer borrowers fast, flexible financing solutions for commercial real estate (“CRE”) transactions up to $15 million. Built to meet the needs of today’s market, the Accelerated Lending Program provides single advance inventory, […]

Economics

53 h. ago A cute Toronto home with a pool is surprisingly going for under $700,000

It's been hot in Toronto. Like, really hot. And while Toronto's outdoor public pools are a summertime lifesaver, you know what's even better than swimming with the masses?Having your own pool just steps from your back door.If that sounds like the dream, then a newly-listed home at 25 Farmbrook Rd. might just make it your reality.The backyard.This delightfully affordable (by Toronto standards) detached sidesplit comes with its very own in-ground pool, perfect for cooling off in style.The primary bedroom. But the pool is just the beginning with this property.The living room and dining room. Inside, there's original hardwood flooring, a sun-filled living and dining room with tall ceilings, and an eat-in kitchen complete with a pantry and a walkout to the backyard.The kitchen. Sure, it could all use some updating depending on your taste, especially the kitchen.But it's certainly a good starting point, and is move-in ready ...

Economics

56 h. ago Community groups want public inquiry into North Shore sewage plant debacle

The outcry follows a secret vote by Metro Vancouver directors on July 25 to delay a review of the financial disaster.

Other

60 h. ago B.C. crime news: Witnesses sought in Surrey sexual assault | Suspicious death in Port Alberni

Here's a roundup of crime news from around Metro Vancouver and B.C. on Tuesday, Aug. 12, 2025

Events

67 h. ago Buyers are getting homes for way under asking price across these GTA neighbourhoods

Home sales are slowly starting to pick up again in and around Toronto, which has seen an extended period of real estate turmoil while buyers wait to see what comes of the trade war with the U.S. and the economic recession.Sick of standing by for a better time that may never come, more homeowner hopefuls waded into the market in July, which had the largest uptick in transaction volumes of any July since 2021.Part of what helped this was softer prices, especially in the condo sector, where the standard unit now sells for 9.3 per cent less than it was a year ago.Meanwhile, the average sales price across housing types in the region has fallen 5.5 per cent over the same period, in part due to bidders successfully offering less than the asking price to desperate sellers whose properties are sitting up for grabs for far longer than ever.Toronto-based real estate agency Wahi regularly assesses where and to what degree houses and condos in the region are go...

Economics

68 h. ago China Evergrande to be delisted from Hong Kong stock exchange following debt woes

HONG KONG (AP) — China Evergrande on Tuesday said it will be delisted from Hong Kong’s stock exchange on Aug. 25, more than a year and a half after the city’s court ordered the heavily indebted real estate developer to be liquidated in another setback to mainland China’s property sector. Evergrande was the world’s most […]

Economics

69 h. ago Evergrande’s Debt Hits $45 Billion With Restructuring Ruled Out

China Evergrande Group’s debt load is far bigger than earlier estimated, amounting to HK$350 billion ($45 billion) as any “holistic” restructuring of the Chinese real estate firm is deemed out of reach, according to the developer’s court-appointed liquidators.

Economics

69 h. ago Veteran Real Estate Coach and Business Builder Pam O’Bryant Launches High

Former KW executive brings nearly 30 years of leadership, coaching and business development expertise to Real’s innovative platform MIAMI — The Real Brokerage Inc. (NASDAQ: REAX), a leading real estate technology platform transforming the industry through innovation and culture, today announced that internationally recognized real estate coach, author and entrepreneur Pam O’Bryant has joined Real […]

Economics

3 d. ago Dodgers star Ohtani, agent accused of sabotaging $240M Hawaii real estate project

A Hawaii real estate investor and broker are suing Shohei Ohtani, claiming the Los Angeles Dodgers star and his agent got them fired from a $240-million luxury housing development on the Big Island’s coveted Hapuna Coast that they brought him in to endorse. According to the lawsuit filed in Hawaii Circuit Court on Friday, Ohtani’s […]

Economics

3 d. ago Dodgers star Shohei Ohtani and agent accused of sabotaging $240M Hawaii real estate project

A Hawaii real estate investor and broker are suing Shohei Ohtani, claiming the Los Angeles Dodgers star and his agent got them fired from a $240 million luxury housing development on the Big Island’s coveted Hapuna Coast that they brought him in to endorse. According to the lawsuit filed in Hawaii Circuit Court on Friday, […]

Economics

3 d. ago Hudson’s Bay lease sale may negatively impact pension fund: OMERS’ real estate arm

TORONTO — The real estate investment arm of one of the country’s largest pension funds is worried about the value of its assets if a B.C. billionaire is able to buy 25 Hudson’s Bay leases at its properties. In court documents filed over the weekend, Oxford Properties Group argues Ruby Liu would diminish the value […]

Other

3 d. ago Underwater on your home? Selling now should be your last resort

In his return to the Financial Post, Garry Marr looks at what a homeowner who bought at the top should do in a market that has finally come off the boil

Economics