23 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

5 d. ago Canada faring ‘pretty good’ in Trump’s tariff war, except for this sector

Watch FP Video for updates on Donald Trump's trade war and Toronto's housing market

Economics

5 d. ago Someone got real creative with red paint in this $900,000 Toronto house

As many interior designers will tell you, paint can do remarkable things to transform your home. And it's true, industry experts suggest that a well-executed exterior paint job can increase a home's value by two to five per cent.Additionally, a professional painting job can yield an average return on investment of around 107 per cent, adding between $2,000 to $16,000 or more to the resale value. The view from the front entrance. However, in the case of 6 Seminole Ave. the paint is hurting more than helping sell this Toronto home. The basement has a separate entrance. Last time this house was on the market, it sold within eight days for 12 per cent over asking. One of the bedrooms. On the other hand, it has been on and off the market since 2024 and has dropped its asking price three times from $1 million, down to its current price tag of $899,000.The front of the house. Why the lack of love this time around...

Economics

8 d. ago Greater Toronto housing market sees best July in four years: TRREB

Greater Toronto Area-home sales rose 10.9 per cent in July compared with a year earlier as 6,100 properties changed hands, the most activity recorded in the month since 2021. The Toronto Regional Real Estate Board says sales were up 13 per cent from June on a seasonally adjusted month-over-month basis, as improved affordability driven by […]

Other

8 d. ago Greater Toronto housing market sees best July in four years: real estate board

Toronto-area home sales rose 10.9 per cent in July compared with a year earlier as 6,100 properties changed hands, the most activity recorded in the month since 2021.

Other

1 week ago Toronto rave will let you party and dance without the hangover next month

It's time to wake up and smell the coffee, Toronto! The House of Coffee Music Festival is coming to town with a one-day rave that's all about house music and everyone's favourite caffeine delivery system.This ultra-caffeinated and music-filled festival will be taking over Woodbine Park on September 6 from 10 a.m. to 3 p.m., letting you maintain a nice caffeine buzz all day long and still get to bed on time.What to expectIt's a coffee party, so of course, you can expect to taste-test various coffee blends throughout the day. And if you can't party without booze, there will be coffee-based cocktails to get your hands on. Early-morning espresso martini, anyone?As you sip lattes and caffeinate to get into party mode, DJs will cue up the vibes, letting you dance the day away to ultimate DJ sets featuring Afro House, Vocal House, and classic House beats — all without the hangover associated with a night at the club.And, for those who need a little ...

Culture

1 week ago This $4 million Toronto house boasts its own private entertainment retreat

Every so often, a house hits the Toronto market that feels like it was pulled straight from the pages of a design magazine or a Pinterest vision board.This grand Victorian at the top of leafy Lakeview Ave. is exactly that — a one-of-a-kind downtown home that blends history, warmth, and modern-day upgrades in a way that somehow feels both elevated and entirely livable.Perched on a sunny corner lot with windows along the full length of the home, 73 Lakeview Ave. is flooded with natural light from morning to golden hour.The sitting room and family room. The main floor flows seamlessly from living space to kitchen to formal dining room, with huge patio doors opening onto a backyard that looks like it belongs in Europe, with pea gravel ground.The front entrance. But the real magic of 73 Lakeview Ave. is in the details.A storage bench. Salvaged original wood beams, custom millwork, and hidden storage nooks tucked everywhere, from staircases to benches.The living ...

Economics

1 week ago Jordan Peterson's Toronto house just sold for over $2 million

Tucked on one of the most charming tree-lined blocks in Toronto's Seaton Village area, 68 Olive Ave. is a bespoke modern home that's now up for grabs for anyone who loves warm wood tones, smart tech, and doesn't mind that the house was previously owned by controversial psychologist and best-selling author, Jordan Peterson.While the listing and the realtor didn't confirm ownership, it wasn't difficult to deduce that this was Peterson's house... I mean, the office is the exact same as the one featured in a tour with Dr. Oz. But whether or not you agree with Peterson's opinions on culture, gender, and lobster hierarchies, the house is objectively stunning.  The front entrance with stained glass windows. "The home is like fine art," says realtor Daniel Freeman. The third storey extension and rooftop patio. From the outside, the home looks similar to its neighbours u...

Economics

3 w. ago Tale of two cities: Why Edmonton builds homes faster than Toronto

Toronto is lagging cities such as Edmonton, Calgary and Vancouver, where housing starts are on the rise. They're falling in Toronto, and experts say city policy is a culprit.

Other

3 w. ago Toronto house with visible holes in roof still expected to fetch $700,000

A Toronto home at 37 Allister Ave. has been in rough shape since 2018, when it sold for $777,000 — sight basically unseen.Back then, potential buyers weren't even allowed inside. The listing stated that viewings were limited to "walking the lot" with the agent, and that's probably what the buyers did since they never managed to do anything with the derelict three-bedroom, three-bathroom home.Eventually, they gave up on the house and sold it at a loss in 2024 for $750,000.The front of the house. Now, a year later, the property is in even worse condition. The roof is collapsing, gaping holes expose the interior to the elements, windows are boarded up with plywood, and the backyard has been swallowed by weeds.It's more haunted house than fixer-upper at this point.But it's back on the market—this time asking just $688,000, which is a full 30 per cent less than last month's hopeful $999,990 price tag. Clearly, that d...

Economics

3 w. ago Here's the lowest salary you need to afford a home in Toronto right now

Toronto's housing market may still be taking a prolonged (and for many, extremely stressful) pause, but a lack of momentum doesn't mean that real estate in and around the city is getting any more affordable.Local firms like Ratehub.ca have been regularly reporting on average home prices in the region and the income needed to cover them each month, and June's data still spells out what most locals have come to accept over the years: that hell may indeed freeze over before owning a home is as attainable here as in comparable cities around the world.Based on Ratehub's latest data, released Friday, a slight increase in lending rates month-over-month has worsened affordability in almost all of Canada's major markets, compounded by the fact that prices are slowly starting to rise again as would-be buyers give up waiting on the sidelines for costs to potentially improve.As the company explains, "upward pressure has been steadily buildi...

Other

3 w. ago This $1 million Toronto house has been owned by the same family since 1949

A home at 71 Eighth St. in Etobicoke hasn't been on the market in 75 years, and I have to say, there's something incredibly special about a Toronto house that hasn't changed hands for the better part of a century.Built in 1949 and owned by the same family ever since, this two-storey mid-century gem is packed with old-school charm, original details, and just enough quirks to get your renovation gears turning without the daunting fear of a total gut-job.Tucked on a quiet corner lot in the lakeside neighbourhood of New Toronto, the house is surrounded by mature trees, including a magnolia that gives it serious storybook vibes.An aerial view of the house. The 125-foot-deep lot is a rare find in the city, and with a detached garage and private double-wide drive, you've got room for up to four vehicles (or a workshop, studio, or even a backyard sports court).The upstairs landing. Inside, the home is surprisingly spacious.The living room. The main floor ...

Economics