8 h. ago $6 million home from 1800s is directly linked to Toronto's nickname

If you've ever strolled through Toronto's South Rosedale neighbourhood and found yourself admiring one of those perfectly manicured homes tucked behind ivy-covered walls, this is probably just the kind of house you were dreaming about.Located in one of the most coveted and picturesque corners of the neighbourhood, 45 South Dr. looks like it was plucked straight from a magazine spread.But exciting news, you don't just have to gaze longingly at it from the road anymore. The foyer. 45 South Dr. just hit the market, and if you thought the outside was pretty, you might be even more surprised by the inside. The kitchen. Blending classic architecture with modern luxury, the three-bedroom, four-bathroom home is refined without being too showy about it.The front entrance. The two-tone brick facade yells heritage, but the interiors blend classic and contemporary. The dining room. And here's a fun bit of history: as realtor Lindsay Van Wert sh...

Economics

13 h. ago New charges brought against real estate brothers in sex trafficking case

NEW YORK (AP) — Additional sex trafficking charges were brought Thursday in a New York court against two luxury real estate brokers and their brother. The charges were contained in a rewritten indictment filed by federal prosecutors against Oren Alexander, Tal Alexander and Alon Alexander. The three brothers are being held without bail in a […]

Other

16 h. ago Toronto's sketchiest condo complex put on blast for reputation in new lawsuit

Sure, downtown Toronto condos may be known as shoddily built and too poorly-designed to be very livable, but one complex undoubtedly takes the cake when it comes to bad reputations, and it's only getting worse.The ICE Condos complex has for years held the title of the sketchiest of its kind in the city, being the site of everything from shootings and balcony fires to garbage-filled stairways and bloody elevators that stall.A notorious ghost hotel from the outset due to the Airbnb-friendly nature of its units, the two-tower, Scotiabank Arena-adjacent development at 12-14 York Street has built up quite the lore in its 11 years of existence.The latest addition to the infamy is a lawsuit that gives a glimpse into how bonkers the goings-on at ICE really are; not the countless headline-worthy incidents, but the politics that take place behind closed doors.A recent decision by the Condominium Authority Tribunal shows that ICE board...

Other

22 h. ago Mortgage rates at 3% or lower the magic number to reignite Canada’s housing market

Many potential homeowners don't have a lot of wiggle room when it comes to what they are comfortable paying

Events

32 h. ago A 1915 Toronto home looks like something straight out of a fairytale

While it might not be everyone's dream to live in a fairytale cottage surrounded by trees, birds, squirrels, and woodland creatures, if it's your fantasy, 42 Brookfield Rd. is the ultimate dream Toronto house. Built in 1915, according to Geowarehouse, 42 Brookfield Rd. is a magical five-bedroom, four bathroom home tucked away on a massive ravine lot.We're talking 100 feet wide at the back and almost 200 feet deep. The dining room. This charming Toronto home oozes timeless character, with lovingly maintained details like coffered ceilings in the dining room and intricate plaster moulding throughout the main and second floors. The foyer. There's even a set of butler's stairs from back when the home had staff who needed to get to the second floor unseen.A sunroom that could be a home office. Sadly, it is currently closed off, but the vibes remain immaculate.The living room is almost 400 square feet. It's the kind of place ...

Other

37 h. ago Edmonton home sales and inventory climb with spring temperatures

Spring has sprung in Edmonton’s real estate market with a flood of new listings cropping up over April. But consecutive months of strong sales and few listings continue to put upward pressure on prices in all categories. The Realtors Association of Edmonton’s (RAE) April housing update, released Friday, shows continued strong sales activity, increases in […]

Other

39 h. ago Altus Group Announces Voting Results of 2025 Annual General Meeting of Shareholders

TORONTO, May 07, 2025 (GLOBE NEWSWIRE) — Altus Group Limited (ʺAltus Group” or “the Company”) (TSX: AIF), a leading provider of commercial real estate intelligence, released today final voting results from its annual general meeting of shareholders (the “Meeting”) held virtually earlier today. A total of 39,662,907 common shares were represented at the Meeting, representing […]

Other

43 h. ago As Canadians ditch U.S. real estate, some predict a flood north

If 100 Canadian buyers left a single U.S. state, it would result in $80 million in lost transaction volume

Events

44 h. ago U.S. as the 11th province could be ‘the best thing’: Shatner jokingly makes a counter

'I’ve dealt a little in real estate and I’m going to say to Carney, 'Do a real estate deal. Make a counter offer,'' says Shatner

Other

44 h. ago Edmonton’s $303M Müve Team Joins eXp Realty With 46 Agents, Expanding National Footprint

Led by John Rota, Müve becomes the first team in eXp Canada history to join under a co-sponsorship model—partnering with top producers James Knull and Justin Havre BELLINGHAM, Wash., May 07, 2025 (GLOBE NEWSWIRE) — eXp Realty®,  “the most agent-centric real estate brokerage on the planet™” and the core subsidiary of eXp World Holdings, Inc. […]

Society

47 h. ago Resurgence of Real Estate Market Overheating in Areas Bordering the Island of Montreal

April sales in the Montreal area are comparable to the two strong years preceding the pandemic. This performance was reflected in a 10 per cent increase in transactions compared to April 2024, which was already a month of strong market recovery. This sustained growth in activity was evenly distributed across the various sectors of the […]

Other

48 h. ago Toronto Beer Store location would be ripped down for huge condo tower

Toronto locations of the Beer Store are dropping like flies following Doug Ford's expansion of alcohol sales to grocery and convenience stores, and another brick-and-mortar outpost of the once-ubiquitous brew shop is preparing to bite the dust.A development application has been filed to redevelop the existing Beer Store at 3130 Danforth Ave, along with its associated surface parking lot at 3150 Danforth.While no closing date has been announced, it would mark just the latest in a growing list of Beer Store closures.Google Street ViewDeveloper Crombie REIT hopes to tear down the current retail space and replace it with a 36-storey condo tower designed by architects Arcadis.With a proposed height of 116.7 metres, excluding mechanical penthouse space, the tower is planned to rise far taller than anything else that exists in the neighbourhood today.While the proposed height may end up ruffling some feathers among locals, the plan is located just a few hundred metres from Victoria Par...

Other

51 h. ago Canadian Luxury Real Estate Strongholds Defy Trade War Turmoil

Montreal and Calgary resilient amidst national housing slowdown; Toronto’s ultra-luxury buyers defy market trends as Vancouver cools Toronto , May 07, 2025 (GLOBE NEWSWIRE) — 2025 First Quarter Highlights A fragile rebound in consumer confidence and real estate activity unravelled in the first quarter of 2025, as the escalating Canada–U.S. trade war and threats to […]

Economics

61 h. ago Allied Announces Voting Results from the 2025 Annual and Special Meeting of Unitholders

TORONTO, May 06, 2025 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) announced today the results of matters voted on at its annual and special meeting of the holders (the “Unitholders”) of units and special voting units of Allied (collectively, “Units”) held on May 6, 2025 (the “Meeting”). The voting results for […]

Other

62 h. ago Dream Industrial REIT Reports Strong Q1 2025 Financial Results

This press release contains forward-looking information that is based upon assumptions and is subject to risks and uncertainties as indicated in the cautionary note contained within this press release. All dollar amounts are in Canadian dollars unless otherwise indicated. TORONTO — Dream Industrial Real Estate Investment Trust (DIR.UN-TSX) or (the “REIT” or “Trust” or “Dream […]

Other

63 h. ago Slate Grocery REIT Announces Voting Results from 2025 Meeting of Unitholders and Posts Q1 2025 Earnings Call Transcript and Investor Update

TORONTO — Slate Grocery REIT (TSX: SGR.U) (TSX: SGR.UN) (the “REIT”), an owner and operator of U.S. grocery-anchored real estate, announced today that each of the trustee nominees listed in the management information circular of the REIT dated March 18, 2025 were elected as trustees of the REIT at its annual meeting of the holders […]

Other

66 h. ago Canadian PM Carney Tries to Disarm Trump With Real Estate Talk

Prime Minister Mark Carney had a clear strategy for telling President Donald Trump to his face that Canada won’t become the 51st US state: put it in the language of a land deal.

Transport

2 d. ago Toronto home sales taking absolute nosedive and nobody wants to buy

While the trade war is expected to have some effect on Toronto area real estate, given the substantial blow it's posing to Canada's economy overall, the market has already been in the pits for years now, falling far from the days of quick, easy sales for well over asking price.Listings keep accumulating — putting Toronto at the top of the nation's list for most homes hitting the market — while sales are diminishing to rock bottom levels not seen in decades.April's numbers, just released by the Toronto Regional Real Estate Board (TRREB) on Tuesday, serve to reinforce fears that we may have yet to see the worst for local homeowners, many of whom vastly overpaid for the dream of owning a space of their own in the infamously overvalued city.Last month saw 23.3 per cent fewer homes changing hands across the Toronto area than in April of 2024, making for the worst non-pandemic April for sales in 29 years.The average selling price o...

Other

3 d. ago Brookfield Asset Management Announces Record First Quarter Results

Quarterly Fee-Related Earnings up 26% Year-Over-Year to Nearly $700 Million $25 Billion of Capital Raised in the Quarter and Over $140 Billion Raised in the Past Year Closed $6 Billion in the First Quarter for Real Estate Flagship—Currently at $16 Billion; Now Set to Be Our Largest Real Estate Strategy NEW YORK, May 06, 2025 […]

Sport

3 d. ago Striking $5 million Ontario mansion is a dream home if you love natural light

You'd be hard-pressed to find any potential home buyer (or window shopper, like me) who'd prefer fewer windows to more, but this Ontario home takes natural light to the next level.Located in the prestigious Mississauga enclave of Mineola, 267 Kenollie Avenue is a striking, custom-built gem on an 80 x 193 ft. lot, boasting around 7500 sq. ft. of living space and, as you may have gathered by now, a deluge of natural light from large windows around every corner.It's also located close to public and private schools, waterfront trails, Port Credit's vibrant shops and restaurants, and it is a short commute to downtown Toronto on the QEW or GO Transit. Not too shabby!The entrance of 267 Kenollie Avenue.The home's resort-inspired design is immediately evident in its variety of sleek, contemporary finishes from the moment you enter the home. Heat-engineered hardwood floors, a breathtaking floating staircase and 20 ft. ceilings are some of the first things you'll see u...

Economics