14 h. ago This $3 million Toronto home from the 1960s is delightfully weird

Toronto real estate has no shortage of glassy new builds and cookie-cutter flips, but every so often, a house comes along that feels like it belongs in both an architectural magazine and a fever dream.Enter 38 Purdon Dr., a ravine-side 1960s modernist with cathedral ceilings, a sunroom bar that literally glows, and a backyard waterfall fed by rainwater.From the street, you know you're not in typical North York territory.The front entrance. The façade glows pink at night, with what can only be described as dinosaur-egg decals on its exterior. And the deeper you go, the stranger it gets.The living room. Originally designed by a local architect in the mid-'60s, the home was completely reimagined in 2002 and again in 2024, fusing mid-century bones with eclectic modern finishes.The dining room. The result? About 5,000 square feet spread across three and a half levels, with five bedrooms, five bathrooms, two kitchens, and four separate entrances.The foyer.&nb...

Economics

51 h. 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

57 h. ago Toronto home sales up in September following interest rate cut

5,592 home sales were recorded last month, up 8.5% compared to last year

Other

62 h. ago What a $5 million Toronto interior designer's home looks like

If houses could flirt, 239 Borden St. would wink at you from across the street, pull you inside, and then casually drop the fact that it has a 400-bottle wine cellar, rooftop hot tub, and stained glass windows from 1878. We're already blushing.  Professionally rebuilt by designer and owner Lyndsay Jacobs, the house was taken down to its bones — leaving only the original front façade intact — before being transformed into a four-storey showcase of craftsmanship, function, and character.The project wrapped up in July 2023, and it has already been celebrated with a House & Home "House of the Month" feature and featured in Beta Publishing's Timeless Living.The front of the house. Although, to be fair, we'd expect nothing less from a designer's own home. The living room. Inside, the first thing that strikes you is the mix of history and modernity.A powder room with a Red Alicante marbl...

Economics

3 d. ago Haunting photos show the demolition of a landmark Toronto hospital

A beautiful structure that has served Toronto's health care needs for almost three-quarters of a century is being reduced to rubble, and haunting photos of the demolition at Michael Garron Hospital (MGH) document the final days of this impressive but ultimately doomed landmark.Following the completion of MGH's new Ken and Marilyn Thomson Patient Care Centre in early 2023, the facility is embarking on the next phase of a long-term plan to modernize and expand the complex.However, this next phase of the hospital's transformation will come at a significant cost to the area's architectural character.The old brick wings of MGH (formerly Toronto East General), including a grand structure along Coxwell Avenue, were officially closed back in March and are now in the process of being torn down as part of the hospital's long-term revitalization plan.Constructed in 1951, well after the Art Deco and Streamline Moderne periods, the building exhibits some impressive featu...

Science

3 d. ago RioCan Real Estate Investment Trust Announces Investor Day and Third Quarter 2025 Earnings Release, Conference Call and Webcast

TORONTO — RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) announces Investor Day and Q3 2025 Earnings Release Details. Investor Day RioCan will host an Investor Day in Toronto, Ontario on Tuesday, November 18, 2025, at 9:00 AM ET. President and Chief Executive Officer, Jonathan Gitlin, and members of RioCan’s leadership team will discuss RioCan’s […]

Culture

3 d. ago Modern Toronto mansion that feels like art gallery costs a whopping $25 million

If you've ever wondered what it would be like to live in a high-design art gallery that also happens to be a house, one of Toronto's newest luxury listings might answer that for you.The 211 Dunvegan Rd. estate in the ritzy Forest Hill neighbourhood just hit the market for a casual $25,000,000, and it's the kind of place that makes you stop and stare.The façade alone makes a grand statement before even stepping inside. Defined by elongated horizontal brickwork and huge panes of glass, the design feels both sculptural and grounded — a deliberate effect, according to listing agents Adam Weiner and Michael Silverberg.The dramatic, sculptural staircase. "This is not merely the premier residence in Forest Hill," Silverberg told blogTO. "It stands among the most significant works of residential architecture in all of Toronto."The kitchen and family room. Even the doors are entirely unique to this property, with each door prin...

Economics

4 d. ago Ontario takes 7 of Canada's top 8 places to buy a home right now

If you're actively pursuing your goal of home ownership in Ontario, you might already be in one of the most ideal markets in Canada to turn those dreams into reality. According to a Zoocasa report released on Wednesday, major cities across Canada, including many in Ontario, are becoming more buyer-friendly, whereas smaller, more affordable regions are swinging in favour of sellers. The real estate agency analyzed which markets provided the best prospects based on the latest sales-to-new listing ratios, which were based on the respective local real estate boards' August 2025 data. This ratio, Zoocasa explains, is a "key indicator of market conditions," with a higher ratio (above 60 per cent) signalling a seller's market, while a lower one (below 40 per cent) indicates a buyer's market. Source: Zoocasa. The report found that the GTA is now one of Canada's clearest buyer-friendly markets, with its ratio falling from 40 per cen...

Other

4 d. ago RioCan Real Estate Investment Trust Completes $200 Million Issuance of Series AP Senior Unsecured Debentures

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES TORONTO — RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) today announced that it has completed its previously announced issuance of $200 million principal amount of Series AP senior unsecured debentures (the “Debentures”). The Debentures were sold at a […]

Economics

4 d. 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...

Other

6 d. ago Granite REIT Notice of Conference Call for Third Quarter 2025 Results

TORONTO — Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) expects to announce its financial results for the third quarter ended September 30, 2025 after the close of markets on Wednesday, November 5, 2025. Granite will hold a conference call and live audio webcast to discuss its financial results. The conference call […]

Culture

7 d. ago Huge $5M Toronto estate with saltwater pool and private creek is basically a resort

With almost 3 million people living in an increasingly cramped Toronto, huge acre-sized estates are almost mythical — unless you're Drake-level rich and living in the Bridle Path.But one of the last remaining estate-sized properties in Etobicoke just hit the market, and surprisingly, it's listed for under $5 million.Sure, it isn't exactly pocket change, but it's a far cry from the $50-million mega-mansions in the Bridle Path — and this one actually comes with more land.The front of the house and driveway leading up to the property. Sitting on an incredible 1.676-acre lot, 19 Lorraine Gdns. feels worlds away from the city despite being just minutes from Sherway Gardens and Pearson Airport.A home office. "This is a once-in-a-lifetime opportunity to secure a lot this size so close to everything in the city," says realtor David Bradica, who notes that the home has only ever had two owners since it was built in 1954.The saltwater pool ...

Economics

7 d. ago 11 houses across from Toronto park could be torn down for pair of large towers

A substantial development proposed for a pocket of low-rise housing across the street from Toronto's High Park could see 11 houses torn down to make way for a pair of towers with unique, curving exteriors.Developer Elysium has assembled the group of houses fronting Oakmount Rd. and Mountview Ave., just north of Bloor St. W. and northwest of the TTC's High Park subway station.Elysium hopes to gain approval to rezone and raze the site with a plan to construct a large-scale rental development with towers rising 41 and 39 storeys in place of the current homes.The plan features a striking design from Teeple Architects that would strongly contrast the expanse of beige-brown 20th-century apartment towers that dominate the local skyline, boasting curved facades clad in a distinctive patterned treatment.With heights as tall as almost 145 metres, the towers would be significantly taller than existing apartment towers in the neighbourhood. However, unlike the condo towers that tend to ...

Other

8 d. ago $9M Ontario mansion built from the same stone as Canada's parliament buildings

Just a few years ago, 7 Whitelaw Crt. was a typical suburban Markham house with a dated kitchen, small windows, and an "as is" sale tag.Fast forward a few million dollars and a complete glow-up later, 7 Whitelaw Crt. looks like it belongs in a magazine.This five-bedroom, seven-bathroom modern residence, designed by David Small Designs, boasts dramatic statement piece floor-to-ceiling windows and a striking exterior clad in polished Ontario white marble.The front entrance. Fun fact: it's the very same stone used to build Toronto landmarks like Old City Hall and the University of Toronto, along with national icons like the architecture of Parliament Hill in Ottawa. No big deal.A home office with a view. Inside, it's all clean lines, natural light, and a gallery-like vibe that would make your art collection look like it belongs in the Art Gallery of Ontario.The living room. The wide, knotless European white oak floors run t...

Economics

1 week ago Toronto homes from 1800s were left to rot and now must be torn down

Two 19th-century homes in Toronto, once used as affordable housing and later intended for redevelopment, have been left to deteriorate for over a decade and are now considered beyond repair and slated for demolition.Toronto Building received an Engineer's Report earlier this month recommending the complete demolition of 155 and 157 Cowan Ave., located just south of Queen Street West and Brock Avenue, due to their severely deteriorated condition.An Order to Remedy Unsafe Building notice has since been posted on the property fence, noting that the two buildings are "fundamentally and irremediably unsound due to the extent of deterioration." The property is registered to a numbered corporation with no public contact information. The two homes, built in 1893 and occupied in 1894, have long been tied to Parkdale's housing-related activism. For several years, the buildings contained affordable housing, including apartments and rooming house units.In the early 2...

Other

1 week 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

1 week ago Dream Residential REIT Announces Mailing of Management Information Circular for Special Meeting of Unitholders to Approve Acquisition by Morgan Properties

This press release contains forward-looking information that is based upon assumptions and is subject to risks and uncertainties as indicated in the cautionary note contained within this press release. TORONTO — DREAM RESIDENTIAL REAL ESTATE INVESTMENT TRUST (TSX: DRR.U, TSX: DRR.UN) (“Dream Residential REIT” or the “REIT”) announced today that it is mailing its Management […]

Other

1 week 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...

Other

1 week ago French Château architecture meets modern luxury at this massive Oakville home

Real talk: Luxury doesn’t need to be subtle, especially when it comes to homeownership.I mean, who doesn’t want to live royally in a 5000 square foot French Château-inspired home, complete with tall columns, arched windows, and a glass double entry?The back view of 321 Morden Road.If that sounds like your cup of tea (and you have about $5 million to spend), then you should definitely check out this incredible Oakville home at 321 Morden Road.Maybe your mother used to tell you it’s what’s on the inside that counts, but this home proves a beautiful outside can lead to an equally beautiful interior.Peep the foyer light.Beyond the impressive exterior, you’ll discover a main floor boasting 23-foot ceilings, architectural lighting, and dramatic fixtures.The living room, great rooms, and office are awash with natural lighting thanks to floor-to-ceiling windows, which makes working from home an absolute treat.The perfect room to wind down i...

Other

1 week ago French Chateau architecture meets modern luxury at this massive Ontario home

Real talk: Luxury doesn't need to be subtle, especially when it comes to homeownership in Ontario.I mean, who doesn’t want to live royally in a 5000-square-foot French Château-inspired home, complete with tall columns, arched windows, and a glass double entry?The back view of 321 Morden Road.If that sounds like your cup of tea (and you have about $5 million to spend), then you should definitely check out this incredible Oakville home at 321 Morden Road.Maybe your mother used to tell you it's what's on the inside that counts, but this home proves a beautiful outside can lead to an equally beautiful interior.Peep the foyer light.Beyond the impressive exterior, you'll discover a main floor boasting 23-foot ceilings, architectural lighting, and dramatic fixtures.The living room, great rooms, and office are awash with natural lighting thanks to floor-to-ceiling windows, which makes working from home an absolute treat.The perfect room to win...

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