May 2019

Sweet Treats with Great Gulf, an interview

We spoke with Carolyn Mednick, Diane Wallace and Dee Pasquale to get the scoop on the Toronto real estate development market. As real estate sales and marketing influencers, they share some of Great Gulf’s sweetest treats.   Yummy!! We believe a picture is worth a thousand words.   Carolyn: Oreo McFlurry, Dee: Vanilla soft cone with sprinkles, Diane: Ice Cream Sandwich...

Growing Up – Top Family-Friendly Condos in Toronto

You've decided to raise your child in Toronto, it can now be tough deciding which neighbourhood is best for your family. Many factors come into play: What are the best schools in the area? What amenities does the building offer? Are there playgrounds nearby? How secure is the building? And the list goes on. But to make the process a little easier, we’ve rounded up 3 of the best family-friendly new...

Growing Up – Youth in Toronto’s Vertical Communities

Thirty per cent of households with children in Toronto live in mid- or highrise buildings. Downtown it’s 66 per cent. In fact, the number of families with children and teens living in highrise buildings grew by 10,000 or 15 per cent between 2006 and 2011. Yet the average size of a re-sale condo has dropped 20 per cent —1,087 sq. ft. to about 885 sq. ft. between 1996 and 2014. The city of Toronto has...

Market Update: May 2019

Market Update May 7, 2019 - There has been strong year-over-year growth in sales and this is obviously a good news story and likely represents some catchup from a slow start to the year. TREB's sales outlook for 2019 anticipates an increase relative to 2018. It should be noted, however, that growth in new listings is not keeping pace with sales. This points to the ongoing housing supply issue in the...

Airbnb Toronto Friendly Condos

The number of Airbnbs in Toronto that could be used as long-term rentals – and help alleviate the city's housing crisis – has doubled since 2016. According to a new report released by Fairbnb, a national coalition of hotel union workers, affordable housing advocates and condo residents, there are currently 6,500 entire homes in Toronto listed on Airbnb. That's a 25 per cent increase in the last year...

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