70 m. ago RioCan Real Estate Investment Trust Announces November 2025 Distribution

TORONTO — RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced a distribution of 9.65 cents per unit for the month of November. The distribution will be payable on December 5, 2025, to unitholders of record as at November 28, 2025. About RioCan RioCan meets the everyday shopping needs of Canadians through the ownership, […]

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2 h. ago Financial 15 Split Corp. Announces Overnight Offering of Preferred Shares

A high-quality portfolio consisting of North American Financial Services Companies TORONTO, Nov. 17, 2025 (GLOBE NEWSWIRE) — Financial 15 Split Corp. (the “Company”) is pleased to announce it will undertake an offering of Preferred Shares (TSX: FTN.PR.A) of the Company. The offering will be led by National Bank Financial Inc. The sales period of this […]

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2 h. ago Iconic Toronto Star building to be transformed into new hotel

The former Toronto Star building at 1 Yonge St. has been spared from demolition, at least for now.The 1970-built office tower that has been without an anchor tenant for three years will be converted into a hotel as part of a transformative redevelopment currently taking over the skyline.Developer Pinnacle International announced on Monday that it had filed plans with the City of Toronto to convert the 25-storey office tower into a hotel, with 468 guest rooms, a new grand lobby, and a ballroom.The Toronto Star building was home to its namesake newspaper for 50 years, vacating in 2022 for new digs a few kilometres to the west at The Well.Pinnacle notes that a designer and hotel operator have not yet been selected, but intends to "bring the building's existing character into dialogue with the new Pinnacle One Yonge towers."Previously targeted for demolition — with permits even filed ahead of its widely-anticipated teardown — the building is now targeted for a ...

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2 h. ago Fairweather too ‘downmarket,’ unsuitable to take over HBC space in Yorkdale: Oxford

TORONTO — Mall landlord Oxford is fighting another real estate firm to keep Fairweather Ltd. from reviving the defunct Les Ailes de la Mode department store at Yorkdale Shopping Centre in Toronto. In new court documents, Oxford is arguing Fairweather is not suitable for the former Hudson’s Bay space measuring more than 300,000 square feet […]

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5 h. ago Home sales in Canada recovering, but buyers still cautious, data shows

Housing sales in Canada in October were down compared with October last year, but were up when compared with September, the Canadian Real Estate Association said.

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6 h. ago Plan to transform Toronto office building into huge tower slapped down by City

An ambitious plan to plop a tower on top of an existing office building has been slapped down by planners.The late 2021 proposal from Slate Asset Management, seeking to add new levels above the Modernist-style 1968-built Padulo Building at 1 St. Clair W., has hit a snag. A new report recommends that City Council refuse the proposed 49-storey development, throwing a wrench in the Gensler-designed development.And the impending refusal actually has nothing to do with height.First tabled in December 2021, the plan calls for the current 12-storey office building to be retained, expanded, and modernized, while two neighbouring low-rises at 11 and 13 St. Clair W. — home to Shenanigans Pub and a Pizzaiolo location — would be razed to make way for the new building.The office building would be renovated and expanded, while the two retail properties on the right would be torn down. Image via Google Street View.However, a Nov. 10 report recommending refusal of the project cuts the p...

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9 h. ago Norway Oil Fund to Change Property Strategy to Fix Poor Returns

Norway’s $2.1 trillion sovereign wealth fund is changing how it invests in real estate, citing disappointing results so far.

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42 h. ago Gorgeous Toronto heritage house dating back to 1870s just hit the market for over $2M

The historic Toronto enclave of Cabbagetown is home to a stunning collection of stately Victorian architecture, tree-lined streets, and a sense of neighbourhood that's hard to find in the city core.And if you've ever been on the Cabbagetown Tour of Heritage Homes, you might already be familiar with 313 Sumach St. — a beautifully-preserved Bay-and-Gable Victorian home that serves as one of the key stops on the tour.Built in the 1870s, this rare three-storey stunner has been meticulously renovated to offer all the comforts of modern living while keeping its incredible street presence intact.The living room and front entrance. Think soaring ceilings, elegant finishes, and hardwood floors that flow through a main living space designed for both entertaining and everyday life.The kitchen. The custom kitchen is decked out with premium appliances.The backyard. French doors at the back of the kitchen open onto the landscaped bac...

Economics

42 h. ago $3.5 million Toronto home nails the modern look without feeling like cold grey box

Most modern homes in Toronto are sleek, minimalist, and grey — and frankly, kind of cold.They might look good in photos, but in person? They often have all the warmth of a medical supply warehouse.But 42 Talwood Dr. in North York is proof it doesn't have to be that way. You can love clean lines and modern design and still live somewhere that feels inviting, personal, and full of life.The foyer. This four-bedroom, five-bathroom home was completely rebuilt in 2016, and from day one, the goal was to create a space that encouraged togetherness.The living room. The owners told blogTO they worked with Upside Co., architect Anne-Marie Fleming of Boxwood Co., and interior designer Vanessa Emam to bring that vision to life.The dining room. The result is a home that feels timeless rather than trendy.The family room. The main floor flows from room to room with no unnecessary walls or formal separation, making it easy for family members to stay connected ...

Economics

3 d. ago SnapInspect Launches Property Inspection and Maintenance Software in AppFolio Stack™ Marketplace for Property Managers

TAMPA, Fla. and DURHAM, N.C., Nov. 14, 2025 (GLOBE NEWSWIRE) — SnapInspect, a cloud-based inspection and maintenance solution, today announced its integration with AppFolio, the technology leader powering the future of the real estate industry. SnapInspect’s intuitive property inspection and maintenance software is now available in the AppFolio Stack™ Marketplace to provide a seamless and […]

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3 d. ago OREA & TRREB Statement: Province’s Intention to Appoint RECO Administrator

TORONTO, Nov. 14, 2025 (GLOBE NEWSWIRE) — “The Ontario Real Estate Association (OREA) and Toronto Regional Real Estate Board (TRREB), representing nearly 100,000 REALTORS®, fully support Minister Stephen Crawford’s latest letter to the Real Estate Council of Ontario (RECO) and his decisive action on accountability. We endorse the intention to appoint an administrator to ensure […]

Politics

3 d. ago Parker: Top Calgary realtor embraces new challenge with launch of KPLI Global

Alexi Olcheski's reputation has already attracted what he calls an impressive collective of industry leaders with deep expertise in commercial real estate

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4 d. ago Toronto brothers were almost evicted for being a single penny short on rent

Two brothers in Toronto narrowly avoided eviction late last year over a one-cent shortfall, and tenant advocates say it reveals just how dicey renting has become in Ontario, and how proposed legislation could make it even worse. According to the York South-Weston Tenant Union, Toronto brothers Olliver and Carl received an eviction order last year without a hearing or warning. Based on documents supplied by the union, their landlord filed for eviction after the brothers paid $1,860 instead of the required $1860.01, just a one-cent difference. Thankfully, with the help of the union, the brothers were able to "set aside" the order, which allows tenants to contest an eviction after it has been issued. However, the union warns that under the proposed legislation introduced by the Ford government, that option could disappear altogether. The eviction order received by the brothers. Photo: York South-Weston Tenant Union.Last month, the provincial government introduc...

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4 d. ago MarketWatch Names eXp Realty CEO Leo Pareja to The 2025 MarketWatch 25, Recognizing Visionary Leaders Shaping How We Live, Work, Spend and Invest

Recognition reflects eXp’s people-first approach and growing influence BELLINGHAM, Wash., Nov. 13, 2025 (GLOBE NEWSWIRE) — eXp Realty®, “the most agent-centric™ real estate brokerage on the planet,” and the core subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), announced that CEO Leo Pareja was named to The 2025 MarketWatch 25, the outlet’s annual list celebrating […]

Politics

4 d. 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 d. ago Local group using AI slop in bid to get Toronto scared about convenience stores

Neighbourhood retail on Toronto side streets has emerged as a hot-button issue putting locals at odds, and controversy surrounding one community organization's AI-generated fear campaign is just the latest flare-up in this heated debate.Controversy swirled in 2024 around a local grocery store that had faced licensing issues, triggering widespread discussion on rules surrounding retail in established residential areas.City Council's November vote on a proposed Neighbourhood Retail plan has been welcomed by many in the city, but one local community group has stood out in vocal opposition to changes that would increase options for businesses like convenience stores to operate on side streets.However, the group's methods have landed them in the crosshairs of online commenters, and the backlash was swift and immediate.The community group known as IntegrityTO — which has previously lobbied campaigns against renaming locations after controversial historical figures and ca...

Transport

4 d. ago This $600K Toronto house is basically a parking spot with a mystery shack on top

Toronto's parking situation is almost as ridiculous as it's housing market. There are parking spots in the downtown core selling for over $100,000. But if you really want a parking spot that also comes with a bedroom, look no further than 587 Craven Rd. The front porch. This detached bungalow in Leslieville has been sitting on the market for months, and it's back with a major price drop. The backyard. 587 Craven Rd. is listed at just $599,000, down from its original $899,000 asking price. The garage with bungalow. The listing boasts a "rare detached raised bungalow with garage and parking," which is technically true... but when a house has more parking spaces than bedrooms or bathrooms, it's more garage than liveable home.I guess you could think of it as an upgrade from sleeping in your car — by, like, one floor.Missing window frames could be a sign of what awaits on the i...

Economics

4 d. ago Diversified Royalty Corp. Announces Third Quarter 2025 Results and a 1¢ Dividend Increase on an Annual Basis

VANCOUVER, British Columbia, Nov. 12, 2025 (GLOBE NEWSWIRE) — Diversified Royalty Corp. (TSX: DIV and DIV.DB.A) (the “Corporation” or “DIV”) is pleased to announce its financial results for three months ended September 30, 2025 (“Q3 2025”) and nine months ended September 30, 2025. Highlights The weighted average organic royalty growth1 of DIV’s diversified royalty portfolio […]

Culture

5 d. ago SMBC Americas Appoints Juan Kreutz as Head of Structured Finance Solutions

NEW YORK — SMBC Group today announced the appointment of Juan (JC) Kreutz as Americas Head of Structured Finance Solutions and Deputy Head for the Americas business. Based in New York, JC will oversee the bank’s structured product businesses, including project finance debt & advisory, real estate finance, leveraged finance, fund finance, transportation, leasing, and […]

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5 d. ago Taller hotel and condo towers proposed for Vancouver's False Creek Flats

The project is being proposed for a site next to Emily Carr University, where a previous project had started but then stalled for years

Events