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

64 h. ago Toronto mansion just hit the market under power of sale for almost $23M

The Bridle Path never disappoints when it comes to Toronto real-estate drama, and the saga at 45 Park Lane Circ. is the latest episode.After first hitting the market in 2024 for $29.8 million, then dropping to $25 million in 2025, the ultra-modern estate has now re-emerged under power of sale for $22,800,000 — a steep and sudden tumble in one of Canada's most exclusive neighbourhoods.And if the address sounds familiar, it should.The view from the front entrance.Back in 2021, this mansion on the same iconic street as Drake's palace-like compound made headlines when it sold for $13 million.The open-concept living and kitchen area. The new owners spent the next few years transforming it into a California-inspired architectural statement — only for the property to now be taken over by the lender.A sitting room with a fireplace. "Luxury properties can face power of sale (or foreclosure) when their owners, even billionaires, default on loans du...

Economics

4 d. ago Moderna Falls After FDA Vows to Impose New Vaccine Requirements

Moderna Inc. fell in premarket trading Monday after the Food and Drug Administration said in a memo late last week it would place new restrictions on which vaccines hit the market.

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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...

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9 d. ago ‘Everybody bought in’: Toronto Raptors enjoying ride to top of NBA standings

'I don’t think one person in the locker room has talked about the streak,' Brandon Ingram said after scoring 37 points.

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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...

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2 w. ago Charming Toronto home built in the 1880s is surprisingly priced at just $800K

Maybe it's because I just binge-watched Trading Up with Mandy Rennehan the second it dropped on Netflix, but I full-on gasped when I saw this Toronto home.Tucked along one of Weston's prettiest, most character-soaked streets, 49 Queens Dr. is a bona fide 19th-century gem that just hit the market for under $800,000.Now, yes — that's still about eight times what you'd pay for something similar in Yarmouth, N.S., but for Toronto? This is about as close to a real estate miracle as it gets.The living room with tall ceilings and a big bay window. Because let's be honest: finding a freehold house in Toronto with a yard, history, and genuine potential — priced lower than most downtown condos — is basically like winning the housing lottery.The front porch. Built in 1888, this gingerbread-like Victorian has watched Toronto transform from a sleepy rail town into a sprawling megacity, and it still stands proudly with all the old-world ch...

Economics

2 w. 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