12 h. ago Toronto apartment building could be torn down for enormous 59

A midtown Toronto apartment building could soon be torn down to make way for a towering redevelopment scheme that would soar high above its surroundings.Property owner Starlight Investments has filed plans with the City of Toronto to redevelop its property at 250 Roehampton Ave., just northwest of the soon-to-open Mount Pleasant Station on the TTC Line 5 Eglinton.Starlight plans to demolish the existing 11-storey apartment building known as The Ambassador and replace it with an enormous tower designed by architects BDP Quadrangle, rising just shy of 200 metres.While the current apartment building lacks heritage protections, it represents one of the more stylized examples of a once-ubiquitous style of residential development in the city, boasting mid-century modernist influences on top of the then-typical slab-style massing.250roehamptonave.comThe plan contemplates 711 rental units, including 92 which would serve as replacement units for the current building and be offered at lower r...

Society

48 h. ago Forgotten Toronto house surrounded by apartments and strip mall is asking $865K

Toronto real estate is baffling on a good day and fully unhinged on a bad one.Today's star of the show: 10 Cedar Dr.This two-bedroom, two-bathroom bungalow last sold in 2009 for a very reasonable $299,800, back when Toronto housing made some kind of loose sense.At the time, the listing bragged that "thousands of dollars" had been poured into renovating the basement apartment. We can't confirm if that meant granite countertops or just a new coat of beige paint, since there were no photos. Mysterious.Fast forward to now, and the house looks less "cozy fixer-upper" and more "set of a post-apocalyptic indie film."There are traffic cones casually vibing on the driveway, garbage scattered across the lawn, and dead weeds galore.The current listing, however, is staying positive.It describes the property as a "distinctive opportunity offering endless possibilities for the creative buyer."Which is bold, considering it's wedged betw...

Society

60 h. ago Ontario rent prices plummeting but these places actually got more expensive

Toronto's once-competitive rental market might finally be showing signs of relief, according to new data that shows declining rents across much of the city, particularly in the downtown core, even as prices continue to climb in some suburban communities across Ontario. According to liv.rent's December 2025 Ontario Rent Report, the average rent for an unfurnished one-bedroom apartment in Toronto had fallen year over year, representing a significant shift from the rapid increases seen throughout much of 2023 and early 2024. In downtown Toronto, the average rent for these types of units dropped from $2,365 last December to $2,090 this December, representing an 11.6 per cent decline. Similar price drops were also observed in North York and Etobicoke, which saw rent prices drop by 8.3 per cent and 8.7 per cent, respectively. Ontario rent prices, year-over-year. Despite prices cooling off in some markets, suburban rents in Ontario are notably on ...

Economics

3 d. ago Toronto wants to crack down on controversial 'iceberg homes'

Toronto city staff are moving to crack down on a controversial style of luxury housing with vast underground square footage, known as "iceberg homes," under fire for their noisy construction and impacts on local trees. As its name suggests, an iceberg home has most of its square footage below grade. Historically, the designs have emerged as a way to work around zoning limits on height and density to allow homeowners (often in affluent, low-rise neighbourhoods) to add substantial square footage without building upward. In a Nov. 18 report and presented to Toronto's Planning Housing Committee earlier this month, staff proposed changes that would regulate how far below-ground portions of low-rise residential buildings could extend. The recommendations would introduce minimum underground building setbacks for houses and multiplexes, although apartment buildings would be exempt. Currently, Toronto's zoning bylaws do not contr...

Other

3 d. ago CAPREIT Announces December 2025 Distribution and Special Non

This news release constitutes a “designated news release” for the purposes of CAPREIT’s prospectus supplement dated May 15, 2025, to its short form base shelf prospectus dated May 15, 2025. Not for distribution to U.S. newswire services or for dissemination in the United States. TORONTO, Dec. 15, 2025 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real […]

Other

6 d. ago Elderly woman found dead in Toronto apartment was murdered: Cops

The victim was identified by police as Jolan Kun, 79, of Toronto.

Events

2 w. ago Group of Toronto buildings to be torn down for huge condo tower

A block of beat-up old storefronts on Toronto's Queen St. E. could soon be razed to make way for yet another high-flying condo tower.A new development application filed with the City of Toronto in late November spells the potential end for a block of low-rise retail properties spanning 329-345 Queen St. E., just west of Parliament Street.Developer Generation Capital has applied to bring a soaring 49-storey tower to the site, a redevelopment scheme requiring the demolition of existing vacant properties.The project features a minimalist design from design architects—Alliance, which would rise just over 162 metres above Queen St. E. if approved as currently proposed.A total of 545 new homes are proposed within the tower, primarily planned as condo units incorporating seven existing rental units, which would be lost to demolition.While most of the block would indeed be reduced to rubble, the proposal would retain the existing three-storey building at 339-345 Queen Street ...

Other

2 w. ago Insulation ignites within 2 Toronto highrise buildings, hundreds displaced

Crews are dealing with a 'complex fire' after two Toronto apartment buildings were forced to evacuate when crews discovered burning insulation and high levels of carbon monoxide.

Other