Aerial view of Toronto showing low density surrounding urban core The City of Toronto is facing a housing crisis despite building a record number of units every year. The reality is, however, that most of the units built are condo units designed for individual purchase. A good portion of these … [Read more...]
Province continues to mandate Toronto to increase density near major transit hubs.
The latest Provincial Policy Statement, which governs land use planning throughout Ontario, came out in the beginning of April 2023. The statement, unfortunately, eases many restrictions to develop ‘greenfields’ passed by the Liberals in 2017. It also waters down the density requirements of the … [Read more...]
Zoning changes in Toronto will allow multi-family properties in single-family home areas.
Filling in the 'Missing Middle'. How Toronto plans to increase density in ways besides building huge condo towers. Toronto's population continues to grow at one of the highest paces in North America. Most people would be surprised to learn that many neighborhoods in Toronto are actually losing … [Read more...]
Toronto to deem nearly 1,000 buildings as heritage
The City of Toronto's Preservation Board recently passed legislation that lists almost a 1,000 properties located on major streets in the centrral regions of the city as historical. As the Globe and Mail's Alex Bozikovic points out, "this broad-brush move...is the most dramatic change to … [Read more...]
New Condo Investors in Toronto Face Growing Risk that Rent Won’t Cover Expenses
This is an interesting article on the carrying costs of residential condominiums. The underlying message is that carrying costs including realty taxes, maintenance fees and debt service are now higher for investors as property value and interest rate increases are rising faster than rental … [Read more...]
City of Toronto – Avenues and Mid-Rise Building Study
May 3, 2014 Toronto City Council has extend the monitoring period to the end of 2014 to allow staff to complete consultations on the effectiveness of the Mid-Rise Building Performance Standards. The Study recommends that many of the major arteries in the city including, in the Lower West End of … [Read more...]
Urban Office Locations Enable Employees to Walk to Work
March 20, 2014 A new article at ccim.com discusses the trend of employees preferring to work in communities that are walkable and offer a mix of residential and entertainment options: Research and market observations have revealed that the new generation of employees is clear on what they want … [Read more...]
