7 h. ago Toronto market is so much more than a place for fashion and delicious food

A multidisciplinary space located in Toronto's Leslieville neighbourhood has been drawing attention for years with its intriguing blend of retail, dining, and art — a combination not often found in the city.Located on Queen St. E. near Jones Ave., ALLWOOD MRKT combines a plant-focused café, boutiques, and a curated art gallery under the direction of designer, chef, and entrepreneur, Kevin Allwood.When you step inside, you're immediately greeted by the boutique's wide range of handcrafted items from all over the world. Think potted plants, small-batch hot sauces, and one-of-a-kind pieces from Africa, including mud cloths from the Ivory Coast, handwoven baskets from Zimbabwe and South Africa, as well as apothecary products, home goods, and intricate jewellery.Every item you find in the store is part of a tightly curated selection that emphasizes both craftsmanship and traceability."Ethical means traceable, intentional, and human. It means knowin...

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3 d. ago An entire Toronto loft building just hit the market for $5 million

Everyone knows that living in a hard loft is a coolness status symbol in Toronto.The exposed brick, wooden beams, and visible ductwork give that effortlessly stylish, industrial look that makes even the most basic IKEA sofa feel curated. Honestly, these places look good empty.So what's cooler than living in a hard loft? Correct answer: owning 11 of them.A bright and airy kitchen in one of the units. And while most of Toronto's hard lofts are owned by massive commercial real estate firms, a strange but exciting opportunity has just cropped up.A living room with exposed beams and hardwood floors. The building at 1463 Davenport Rd. is also known as "Iron Factory Lofts" because, back in the day, blacksmiths used to work in this area. Today, it's a multi-unit residential property, and it just hit the market for $5,300,000.Another unit. This offering presents an opportunity to own an entire boutique loft building in one of the city's fastest-e...

Economics

4 d. ago Toronto house in nightmarish condition will still cost you $700,000

Toronto's housing market has seen some frightening listings over the years, but when it comes to 53 Highfield Rd., it's hard to tell whether the interiors or the price is scarier.In the heart of Leslieville, this two-bedroom, one-bathroom bungalow is on the market for $699,900 — "as is." In realtor-speak, that translates to enter if you dare.The living room. From the abandoned piano in the living room that may or may not be haunted to the half-ripped wallpaper curling off the walls, you'll need courage (and maybe some sage) just to step inside.The torn-out kitchen. The home has suffered water damage from cracked radiators; the kitchen cabinets and bathroom fixtures have been mostly torn out, and there are massive chunks of wall and ceiling missing.The basement. In short, the place looks like it's auditioning for a role in a low-budget horror flick.An aerial shot of the neighbourhood. Still, this spooky shell sits in one of the...

Economics

4 d. ago Buyers are landing homes for way under listing price across these parts of the GTA

Despite some recent flickers of life in the form of recovering sales figures, the Toronto-area housing market is still in somewhat of an extended death spiral that has property owners, developers and realtors pulling out their hair.Home prices are sinking as a glut of listings keeps the market weighed down with a record number of homes for sale — a good thing in a hub as notoriously competitive for housing as Toronto, but not when would-be buyers remain too wary of recession, tariffs and the steep cost of investment at current rates to actually dive in.But those willing and able to take the risk at the moment are enjoying the payoff of being able to secure a property of their own for far less than they may have just a few years ago. And, less than they're listed for now.Digital real estate platform Wahi has released the latest of its monthly analyses on over- and under-bidding in GTA real estate, showing that in the month of Sep...

Economics

9 d. ago Toronto real estate prices plummeting and here's what the average home costs now

Toronto's turbulent real estate market has been accelerating nose-first into the ground for months, and while home sales in the region are actually showing signs of a rebound in the second half of the year, there is still a long road ahead to recovery.However, despite the doom and gloom, the latest monthly figures from the Toronto Regional Real Estate Board (TRREB) offer some hope for buyers and sellers in the Greater Toronto Area (GTA).September home sales in the GTA spiked year-over-year, with declines in average home prices and increased flexibility in negotiations, as sellers are accepting offers well below the asking price, helping to lure cost-conscious buyers out of hibernation. This is thanks in part to the runaway supply of unsold units.A few factors are driving the 5,592 home sales reported by TRREB in September –  a noticeable 8.5 per cent bump over the same month last year. One factor cited by TRREB President Elechia Barry-Sproule is the recent Bank o...

Economics

1 week ago Credit Card Fraud Escalates As Fraud Continues to Be a Concern for Canadians

– Identity fraud fuels sharp rise in credit card cases –– Equifax Canada Market Pulse Fraud Trends and Insights Report – TORONTO, Oct. 01, 2025 (GLOBE NEWSWIRE) — Equifax Canada’s Market Pulse Fraud Trends and Insights Report for the first half of 2025 reveals a sharp rise in credit card fraud, even as overall application […]

Economics

1 week ago Hidden Toronto compound that was once a dairy just hit the market

Toronto's Parkdale neighbourhood has no shortage of cool houses, but this one might take the cake — or, more accurately, the milk crate.Once home to Harry's Dairy, the shop that delivered milk by horseback to local cottages in the 1890s, this legendary property at 67 Elm Grove Ave. has been reimagined into one of the city's most unique and creative homes.And now? It's for sale — in two separate pieces.The secluded entrance to 67 Elm Grove Ave. Realtor Michael Majeski explains that what was once Harry's Dairy compound is now two listings, but three houses.A bedroom with custom millwork and limewashed walls. The first is 67 Elm Grove Ave., which includes two homes on one lot: the original dairy — now a jaw-dropping converted warehouse residence — and an attached three-storey Victorian that fronts Elm Grove Ave.The living room of 69 Elm Grove Ave. The second is 69 Elm Grove Ave., a separate semi-detached duplex t...

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2 w. ago Toronto's crashing condo market like nothing seen since global financial crisis

Toronto's pre-construction condo market is finally bottoming out after over a decade and a half of frenzied construction that has reshaped the city's skyline while also contributing to a runaway increase in housing costs.But after years of doom-and-gloom predictions, a new RBC report makes it pretty clear that the developers and investors running the show are no longer able to rake in the immense profits that drove the local building boom to sky-scraping heights (and costs).The report released on Tuesday, titled "Navigating Toronto's frozen pre-construction condo market," outlines the steep decline in sales in pre-construction developments, a nosedive characterized as a "deep freeze" of "plummeting" sales at levels "not seen since the global financial crisis."RBCIt may seem like they're stating the obvious at this point, but experts are pointing to the reality of investor demand driving the local pre-construction condo market a...

Events

2 w. ago GTA condo downturn not likely to be as severe as early ’90s: CMHC

Canada’s housing agency says the weakening condo market in the Toronto region has some parallels to the crash of the early 1990s, but several factors mean the current downturn will likely be less severe. Canada Mortgage and Housing Corp. says in the new report that a more diverse and stable economy, stricter lending rules, and […]

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2 w. ago Greater Toronto condo downturn not likely to be as severe as early ’90s: CMHC

The report says GTA condo prices are declining at similar rates to the early '90s, but that it expects prices to start gaining within a few quarters.

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2 w. ago Toronto home sales hit 'rock bottom' as experts alarmed over 'unfolding crisis'

Just in case you thought the Greater Toronto Area (GTA) new home sales market couldn't get any worse, well, things just got worse.A troubling new report from the Building Industry and Land Development Association (BILD), released on Tuesday, is more bad news for anyone looking to sell their home in the region, with abysmally low sales figures that continue the cliff-diving trend of the past several months.A staggeringly low 300 homes were sold in the entire region of approximately 7 million residents during August 2025. This figure represents a 42 per cent nosedive from the sales figures seen the previous August, and plummeting 81 per cent below the 10-year average, according to the latest data from Altus Group.To put these massive declines in perspective, a typical August over the past decade would have averaged out at just shy of 1,600 units sold. Just a fraction of this figure was reached this past August."GTA new home sales in August 2025 remained at rock bott...

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3 w. ago Landmark Toronto century house for sale at $4 million or you could just rent it

Why has one of the most unique properties in downtown Toronto been sitting on the market for nearly two years?That's the question hanging over 17 Isabella Street, the historic mansion near Yonge and Bloor that seems tailor-made for investors, yet has struggled to secure its next chapter.Known as the William Britton House, the 1885 landmark offers almost 6,500 square feet of space in one of the city's most coveted neighbourhoods with endless options for transformation. One of two boardrooms in the house. The City has zoned it residential, while MPAC classifies it as a commercial condominium. That flexibility opens the door to all sorts of possibilities — from a boutique multi-unit rental to a one-of-a-kind private residence or an innovative mixed-use space.An office with leaded windows and a brass chandelier. Plus, the house itself comes with no shortage of character. Designed by Dr. William Britton, a well-respected physician and former pr...

Economics

3 w. ago Nobody is building homes in Ontario anymore as market tumbles

Ontario is has found itself in quite the confounding real estate situation, with officials issuing urgent calls for more new housing while a record number of homes sit up for sale each month, untouched.With home sales in such a lull, developers have acutely pulled back from building in the province, especially in Toronto, while pleading for government intervention in the form of less red tape, lower taxes and a cut to sky-high development charges that have, along with low levels of market activity, stalled tens of thousands of new units.According to a new snapshot from the Canada Mortgage and Housing Corporation (CMHC), Ontario continues to pull down the residential construction stats for the rest of the country, as it has been for months while other areas see some recovery.While the level of new housing starts has risen across Canada as of August (based on the six-month moving average of the seasonally adjusted annual rate), Ontario saw a dismal development turn...

Other

3 w. ago Small Businesses Face Pressure as Delinquencies Remain Elevated and Uncertainty Continues in Trade Relations

– Credit stress rising in consumer-sensitive sectors and across key provinces – Equifax Canada Market Pulse — Q2 2025 Quarterly Business Credit Trends Report TORONTO, Sept. 16, 2025 (GLOBE NEWSWIRE) — Canadian small businesses faced continued financial pressures in the second quarter of 2025, driven by a complex mix of macroeconomic factors and uncertain trade […]

Economics

3 w. ago Here's how much home prices have fallen in Toronto amid real estate slump

Toronto's property market — long one of the most competitive and overvalued in not just the country, but the entire world — has completely hit a wall under the pressures of heightened interest rates and costs of living, tariffs, and economic tumult.Amid paltry home-buying activity and a constant flow of new listings, real estate prices have, naturally, sunk, with the GTA now serving as one of only three major hubs where the cost of the average house, condo or townhome has fallen over the last year.According to real estate listing site Wahi, the Canadian market at large is "holding steady," all things considered, with the exception of Toronto, Vancouver, and Hamilton — all markets that are known for being red-hot."The Canadian housing market entered a holding pattern this August as the RPS-Wahi House Price Index was once again flat relative to the same month a year ago, although the pace of condo depreciation on an an...

Economics

last month 10 condos you can buy for less than $400k in downtown Toronto right now

Toronto's real estate market is in an unprecedented downward spiral which continues to scare away buyers worried about what snail-paced sales and a growing backlog of listings will mean for their future investment.But, for those brave enough to fulfill their dream of property ownership amid such an uncertain market (and economy in general), there are some serious deals to be had, with house, townhome and condo prices inching downward, in some cases to levels not seen in many years.For the first time in a long time, units in downtown T.O. are getting snagged for around the $350,000 mark — one, in fact, sold for only $295,000 this week — with dozens currently available in the $300k range, which would have been unheard of just a few years ago.Here are some of the most affordable units on the market right now:1014-251 Jarvis StreetKW Living Realty, Brokerage/condos.caThis clean, bright studio may be small and cookie-cutter, but wha...

Economics

last month Huge harvest market to take over Toronto park for two weekends this fall

Fall is officially slowly creeping in on us, and with that comes pumpkin spice lattes, cozy sweaters galore, and events in the city like the free Fall Harvest Market taking over Toronto's Queens Quay later this month.If an autumn-themed market is something you're looking forward to experiencing during the upcoming season, then mark your calendars and get ready to explore a specially curated vendor market, live music, delicious food, and more to celebrate the arrival of fall.Presented by Street Eats Market and the Waterfront BIA, festival highlights also include a pumpkin patch (cue aesthetic photo opps for your socials), a fire pit and s'mores zone to please your sweet tooth, and an apple bobbing competition (a seasonal staple).A complete list of things to do at the market is available on the event website.Part of the Water/Fall Festival — an attraction that presents art installations, entertainment, food markets, and more, over a span of two weekends in the c...

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