19 h. ago Toronto home on market for first time in decades is half the price of neighbours

In a Toronto neighbourhood where houses on average sell for $1.4 million and more, finding a home for almost half that price feels too good to be true. 54 Morberly Ave. is a three-bedroom, two-bathroom semi-detached house just steps from the Danforth, and it's listed for only $799,000. One reason the home might be listed for so low is that they want to incite a bidding war. An aerial shot of the house and property. Which, in most neighbourhoods, is not a thing that's happening right now. But the Danforth is one of the few neighbourhoods that is still seeing overbidding. The living room with a fireplace. The other reason this house might be listed well below the neighbourhood average is because this is the first time the home has been listed in decades, according to the listing, and likely needs a lot of work. The dining room. Don't get us wrong, the house does have some things going for it, like a good layout and lots of natural ligh...

Economics

34 h. ago Toronto's iconic Flatiron Building is completely hidden right now

Tourists, be warned: photos of Toronto's iconic Gooderham Building (better known as the Flatiron Building) are not possible right now due to renovations.A trip to Toronto isn't complete without photos of all the familiar landmarks like the CN Tower and the Gooderham Building, but that travel album might be lacking for anyone currently touring around town.The 133-year-old edifice at 49 Wellington Street East is currently ensconced in a scaffold and green netting as of April 2025, as many disappointed tourists are learning upon arriving at the oft-photographed heritage building.While it's a bit of a bummer for visitors trying to get a glimpse of all the city's best-known landmarks, the temporary inconvenience will help keep the structure looking beautiful for years to come.Last month, the official account of the Old Town Toronto and St. Lawrence Market Neighbourhood BIA took to Instagram to share that "the iconic Gooderham Building (aka #flatirontoronto) is all wrapped up while u...

Other

5 d. ago 1 dead, 2 injured in fire in Toronto’s Little Italy neighbourhood

One person is dead and two others had to be rescued from an apartment fire in Toronto’s Little Italy neighbourhood, the city’s fire chief said Thursday. 

Events

5 d. ago The Real Brokerage to Host First Quarter 2025 Earnings Conference Call

TORONTO & NEW YORK — The Real Brokerage Inc. (NASDAQ: REAX), a technology platform reshaping real estate for agents, home buyers and sellers, will release its financial results for the first quarter ended March 31, 2025, on Thursday, May 8, 2025, before the market open. The Company will hold a conference call to discuss operating […]

Culture

6 d. ago Quaint Toronto house is a rare find for under $1 million but still needs work

Normally, when you see a Toronto house like 510 Northcliffe Blvd. that's a detached home listed for under $1 million, you'd expect a bidding war. But times have changed in Toronto. The majority of homes are selling for less than the listed price, and with the economic and political uncertainties, there's less competition overall. The front entrance. So if you're a first-time homebuyer, this might be the perfect opportunity to get on that property ladder. The living room with a bay window. 510 Northcliffe Blvd. is the perfect diamond-in-the-rough-type of house that could be worth way more with a couple of upgrades and a few years. A back patio. First off, it's located in Oakwood, a neighbourhood that has seen property values rise more than seven per cent in the last 12 months.An aerial view of the neighbourhood. Second, it's a detached house, which typically sells for $1.3 million in this area, and could be worth way more when th...

Economics

7 d. ago These are the Toronto neighbourhoods where homes are selling the fastest right now

Even in the currently sluggish housing market, home buyers in certain GTA neighbourhoods are wasting no time when it comes to snapping up family-sized houses. According to a recent analysis by digital real estate platform Wahi, single-family homes continue to sell in two weeks or less in specific Toronto-area communities. The platform analyzed home sales data for the first quarter of 2025 and looked at the average number of days that listings remained on the market before selling. Findings show that three-bedroom single-family homes are the fastest-selling type of property in the GTA. To be considered in the analysis, neighbourhoods had to meet a threshold of at least five sales of a given housing type. Source: Wahi.Single-family homes with three bedrooms, which for the purposes of the study, included detached and semi-detached houses as well as townhouses, took an average of 23 days to sell. In 48 specific neighbourhoods, three-bedroom single-family homes took o...

Economics

1 week ago Toronto home that was featured in a design magazine hits market for $5 million

Just over 20 years ago, 11 Hawthorn Ave. was a classic family home in Toronto's Rosedale neighbourhood. It had four bedrooms and bathrooms and a distinct early 2000s design style. It sold back in 2004 for $1,387,000, which was 8 per cent over asking. But a lot can happen in 20 years, and 11 Hawthorn Ave. went from a pretty typical family home to a home worthy of being featured in Style at Home magazine. The foyer. While the exterior of the home kept its charming historical curb appeal, the interiors were completely transformed.The powder room. As you enter the home, you step into a welcoming foyer with a powder room. The dining room. Rich two-tone oak hardwood floors are featured throughout the home. The living room. The living room and dining room are open-concept with lots of character, including a wood-burning fireplace, leaded glass windows and built-in bookcases. The breakfast nook. The kitchen is probably on...

Economics

1 week ago Two beloved neighbourhood institutions in Toronto to be replaced with new tenants

Two long-standing local businesses in a Toronto neighbourhood are about to get taken over by some exciting tenants.It's never easy to see cherished local businesses — especially those that have been fixtures for years — close down, and even less so to see someone else move in; especially when it all too frequently ends up being the fifth cannabis dispensary in a 2-kilometre radius, or a new location of a chain no one really asked for.In the case of Leslieville, though, it just so happens that two beloved businesses that have closed their doors in the past year or so have both been scooped up by new tenants, and they're both small, local businesses.As a one-time east side resident for many years, when Reliable Fish and Chips shut down after nearly 100 years, I was absolutely shattered. Did I eat there frequently? No, but something about the loss of such a lengthy history really struck me deep.Months after the closure was officially announced, though, some deeply exciting ...

Other

2 w. ago 'There will be winners and losers:' OCDSB boundary changes will affect real estate prices

Buyers are pulling out of deals and sellers are losing tens of thousands as buyers seek homes near the 'best' schools, say realtors.

Economics

2 w. ago The history of the Selby Hotel in Toronto and its connection to Ernest Hemingway

The Selby Hotel, once located at 592 Sherbourne St., is a Victorian mansion with a history that spans over 140 years and boasts an interesting connection to writer Ernest Hemingway.Originally built for Henry Falwell Gooderham, a member of the influential Gooderham family, the mansion was designed by renowned architect David Roberts Jr. between 1882 and 1883.Roberts Jr. also designed many buildings in Toronto's Distillery District, and is perhaps most known for his iconic Gooderham Flatiron Building at 49 Wellington St.The Selby Hotel in 1940. Photo by City of Toronto Archives.The red brick mansion's Queen Anne Revival style pays homage to the late seventeenth and early eighteenth centuries, and was constructed during a residential boom in Toronto.During the time it was built, the St. James Town neighbourhood was home to several of the city's most affluent families, and many grand Victorian homes sat on Sherbourne Street. However, only a few of these original mansions remain int...

Other

3 w. ago Man dead after shooting near Toronto’s Harbourfront neighbourhood

A man died in a shooting near the Toronto’s waterfront. Toronto Police said officers responded to a shooting Sunday in the Lake Shore Blvd. W.-York Ave. area — near Rogers Centre and Scotiabank Arena — just before 6 p.m. and found a man suffering from gunshot wounds. SHOOTING:York St & Lakeshore Blvd W5:51 pm– reports […]

Events

3 w. ago Real’s February Agent Survey: Inventory Rises as Listing Times Lengthen

Transaction Growth and Agent Optimism Indexes Ease but Remain Near Recent Highs TORONTO & NEW YORK — The Real Brokerage Inc. (NASDAQ: REAX, “Real”), a technology platform reshaping real estate for agents, home buyers and sellers, today released results from its February 2025 Agent Survey. The findings indicate that housing inventory is rising in many […]

Other

4 w. ago Locals say Toronto neighbourhood 'under attack' by planned condo tower

Residents and businesses in Toronto's Church Street Village area are claiming they are "under attack" by a proposed development and are fighting to "defend the character" of the neighbourhood.A petition started in February by the Church Wellesley Neighbourhood Association (CWNA) seeks to halt plans to redevelop a group of properties wrapping around the northeast corner of Church and Wellesley, spanning 68-78 Wellesley Street East and 505-509 Church Street.The block of properties is home to a Pizza Pizza location that has served the community for decades, housed with the heritage-designated 1878 William McBean Terrace building. Developer KingSett Capital has stated its intention to incorporate into a new high-rise building on site, rising 28 storeys with a design from architects BDP Quadrangle.68 Wellesley Street East (right of centre) and other future approved and proposed buildings planned for the surrounding area. BDP Quadrangle.A development application filed for the site in...

Events