16 h. ago Toronto home bought in the '70s for $64K just hit the market for over $1 million

Can you believe a downtown Toronto house once sold for just $64,000?That's exactly what Gerry Gold paid for 6 Prospect St., a charming central Cabbagetown Victorian, back in 1978."I bought this house in 1978 and have been living here ever since," Gold told blogTO.  "Now that I'm in retirement, I'm planning to move to Delta Road Cottage," a renowned project he completed about 12 years ago with the help of Teeple Architects.The front entrance. For architecture fans, Teeple Architects' portfolio is mostly academic institutional projects and multi-family residential projects, but Delta Road Cottage shows the firm's genius with smaller-scaled projects, and if you haven't seen it, it's worth a Google.A stained glass transom and exposed brick walls add character to the main floor. Back on Prospect Street, the home itself is a treasure trove of classic character.The main floor of the house. Listing agent...

Economics

54 h. ago Toronto home sales fall 15.8% as buyers wait out economic uncertainty

The average selling price for the month came in at $1,039,458

Other

3 d. ago TRREB Statement on Proposed Increase to Toronto’s Land Transfer Tax on Higher Value Homes

TORONTO, Dec. 02, 2025 (GLOBE NEWSWIRE) — Municipal land transfer taxes (MLTTs) hurt the Canadian dream of home ownership by taking thousands of dollars out of home buyers’ pockets. With average home prices in the City of Toronto exceeding $1 million, the Toronto MLTT adds over $17,000 to the upfront closing cost of buying a […]

Economics

6 d. ago Toronto neighbourhood fighting to stop demolition of strip mall

Hundreds of residents in Etobicoke are raising concerns over a redevelopment project that they say could threaten a key neighbourhood plaza. Richview Plaza, a walkable retail centre located just off Eglinton Avenue West and Wincott Drive in Etobicoke, is at the heart of the dispute between developers and the community, who argue that the plaza is much more than a strip of stores. The strip mall is currently home to a Pet Valu, M&M Food Market, Rexall Pharma Plus, and a TD Bank branch. "Richview Plaza is the only walkable retail in our neighbourhood and it's a vital retail destination for thousands more Etobicoke residents who rely on the plaza for services, amenities and the essentials of daily living," a petition launched by locals reads. The campaign, signed by residents of Ward 2 and surrounding areas, expresses support for the 2021 City-approved redevelopment plan while highlighting concerns over the developer's "subs...

Other

8 d. ago Rise in sales points to potential recovery in Canada’s housing market

Alberta saw two per cent rise in home sales month over month in October.

Other

9 d. ago Here's where you can buy a home in the GTA for the cheapest right now

After years of being ridiculously overinflated, the once-runaway Toronto real estate market has completely stalled, with prices, sales figures and new home completions tumbling to record lows that one wouldn't have thought possible just a few years ago.Though it's all a very bad sign for the economy, for those who are brave enough to wade into home ownership amid such tumult — and who are okay with the risk that things could continue to spiral lower — there are deals to be had.According to the most recent data from local real estate firm Wahi, there are some locales in and around Toronto where buyers can now even nab a place of their own for less than $500,000, on average, which is a fantastic price for a starter home or investment.Topping the list for these inexpensive communities is the Queen Street Corridor in Brampton, which is up-and-coming with numerous new condo developments. The median sold price for a unit along th...

Other

9 d. ago Housing market expected to rebound in 2026 as more buyers motivated: Re/Max forecast

TORONTO — Strong demand among potential homebuyers and built up inventory could pave the way for a sales rebound in 2026 after a roller-coaster year plagued by economic uncertainty. Re/Max Canada released its 2026 housing market outlook on Wednesday, projecting national home sales to increase 3.4 per cent next year. “There is light at the […]

Other

9 d. ago Nobody buys Toronto homes anymore as market disintegration continues

The Greater Toronto Area (GTA) new home market has completely fallen off a cliff, and practically nobody is willing to risk investing in real estate as sales figures continue their race to the bottom.October marked the 13th consecutive month of record-breaking lows for home sales, and if last year's historic lows had sellers biting their nails, the latest figures from the Building Industry and Land Development Association (BILD) look even more menacing for anyone hoping to sell their property.According to BILD's October GTA sales figures released on Tuesday, the 570 homes sold region-wide last month marked a 29 per cent dip from the previous historic low recorded the year before, and a staggering 81 per cent lower than the ten-year average for October sales.The shift in demand has hit the condo market hardest, with sales figures dropping to laughably low levels last month.A record-low of just 54 condos were sold in Toronto last month. This figure represents just about one-th...

Other

1 week ago Buckle up for the greatest harvest of the year: EZVIZ blows people’s mind with irresistible deals on sought

OTTAWA, Canada, Nov. 24, 2025 (GLOBE NEWSWIRE) — This holiday season, EZVIZ, the market-favourite smart companion, is refreshing homes with its feature-packed gadgets at special offers. In the spirit of giving and celebration, it’s the perfect time to reward yourselves and delight loved ones with long-awaited smart gadgets at great savings, extending precious family time […]

Other

1 week ago Iconic 1800s Toronto Victorian house just hit the market for first time in 40 years

If you've ever wandered down Shaw Street on a sunny afternoon and wondered who gets to live in that stately brick Victorian right across from Toronto's Trinity Bellwoods Park… well, this might be your moment to become that person.After more than 40 years with the same owner, 232 Shaw St., a bona fide 1870s showstopper and easily one of the neighbourhood's most recognizable homes, has officially hit the market.And with a recent price drop from $3,199,000 to $2,675,000, this crown jewel of Trinity Bellwoods just became a little more within reach… relatively speaking, of course. This is still Toronto, after all.The side of 232 Shaw St. Sitting proudly at the corner of Shaw and Halton, the home's exterior looks like it was peeled straight from a Victorian novel.The foyer. The current owner has restored it top to bottom over the decades, preserving all the character you hope an 1870 build would have.Exposed brick and plenty of o...

Other

2 w. ago Edmonton home prices continue to climb despite falling sales

With more options available to potential homebuyers, the market moves more solidly into balanced territory.

Economics

2 w. ago Canada's autumn resale market falls flat despite rate decreases

While the market pulls back in Alberta and supply increases, homebuyers may have more room to negotiate.

Other

2 w. ago Automotive Finco Corp. Files Condensed Interim Consolidated Financial Statements for the nine months ended September 30, 2025 and Announces Promissory Note Repayment

Not for distribution to United States newswire services or for dissemination in the United States. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States.  TORONTO, Nov. 19, 2025 (GLOBE NEWSWIRE) — Automotive Finco Corp. (NEX: AFCC-H) (the “Company”) […]

Other

3 w. ago In a tough condo market, One Ten Avenue Road is the exception

Surrounding Yorkville neighbourhood is called the ultimate amenity It’s true that economic turmoil has softened activity in Toronto’s condo market, but that hardly tells the entire story. Demand for condos in Yorkville remains the exception to the rule, because, while extremely coveted, this hyper-dense locale seldom sees new developments launch. That’s one reason, according to […]

Transport

3 w. ago Rent prices declining more in 3 Ontario cities than anywhere else in Canada

Three Ontario cities lead the entire nation in rental price declines amid a historic market downturn in the province.Despite Ontario being home to four of the ten most expensive places in Canada to rent a one-bedroom apartment, a new report paints a grim picture for landlords in the province, as rent prices in some markets plummet at rates exceeding anywhere else in the country.The latest national rent report from Zumper outlines sharp annual declines in rent prices for one-bedroom units in Toronto, Barrie, and London.Toronto experienced the greatest annual decline in one-bedroom rent prices, dropping by 9.6 per cent year-over-year to $2,170. Toronto also witnessed the steepest nationwide decline in two-bedroom rent prices, dropping 11 per cent year-over-year to an average of $2,760.However, even after these significant declines in average rents, Toronto maintains its rank as the third most expensive place to rent a one-bedroom unit in the country, trailing Vancouver and one of its ...

Economics

4 w. ago Billions siphoned to wealthy, corporations, as Ontarians struggle with affordability, unemployment: CUPE Ontario comment on FES

TORONTO — As millions in the province struggle to pay rent, buy groceries, and find jobs that let them make ends meet, the Ford Conservatives are playing a shell game of hidden tax dodges and loopholes that benefit the rich and big business, said CUPE Ontario in its review of today’s Fall Economic Statement (FES). […]

Technology

4 w. ago There are only 6 GTA neighbourhoods where homes still sell above asking price

The Greater Toronto Area (GTA) housing market is totally in the dumps right now, but as home prices tumble across the region and the supply of properties for sale increases far beyond projections, there are still a few places where sellers are raking in figures above asking price.New October data from real estate firm Wahi offers a glimpse behind the curtain at the remaining pockets of the GTA where buyers can still command bidding wars, fetching prices over asking. But they certainly aren't in abundance, with just six remaining neighbourhoods out of almost 300 in the entire region where homes are selling for more than the list price — accounting for just two per cent of the entire GTA.Underbidding only increased last month, with a noticeable month-over-month spike from September. The 2 per cent of neighbourhoods with overbids in October is a sharp decline from the 8 per cent recorded in September 2025.WahiWahi Economist Ryan McLaughlin notes that analysts had seen si...

Economics

4 w. ago Toronto housing market is dying and here's how much average prices have dropped

Home sales and prices in the Greater Toronto Area (GTA) continue to plummet to historic lows. These trends continued through October 2025, casting further doubt on the future of the region's turbulent housing market.The latest data from the Toronto Regional Real Estate Board (TRREB) highlights continued market challenges affecting homeowners and sellers, while the ever-falling cost of a home in the region offers a ray of hope for would-be homebuyers who have been priced out of the market throughout the last decade of runaway land values.TRREB's Oct. 2025 data reveals that home sales have once again declined year-over-year in the region, with 6,138 home sales representing a 9.5 per cent drop over the same period in 2024.The City of Toronto registered 155 fewer home sales year-over-year, while 905-region sales declined by 491 homes. Overall, GTA home sales declined by 646 units in October 2025 from the 6,784 units sold during the same period last year.Figures were also down mo...

Economics

4 w. ago Ontario house with a hot tub just outside the city somehow under $500K

Anyone who's spent time doomscrolling through Toronto real estate listings lately knows that "starter home" has basically become code for "condemned shack that'll eat your savings and your will to live."Despite a slower market, the average home in Toronto still sells for over $1 million, which makes finding a detached house that isn't a full-gut renovation money pit feel like a fantasy.But if you're willing to look just outside the city — say, in Oshawa — you might be surprised by what half that price can get you.The living room. Take 200 Court St., for example. This fully updated, three-bedroom detached home is listed for under $500,000. Yes, you read that right — a whole house costs less than your average downtown Toronto one-bedroom condo.The dining room. Nestled on a quiet, family-friendly street, the home is completely turnkey, meaning you won't have to spend the next year arguing over backsplash tiles or ...

Economics

last month Toyota reports profit drop as Trump’s taxes hurt Japanese automakers

Although tariffs are hurting its business, Toyota said its sales grew in the U.S. and its home market of Japan

Economics