#toronto-commercial-real-estate

#toronto-commercial-real-estate

The expansion draft will have two rounds, with 12 total picks per round alternating between the Fire and Tempo, and will follow a snake format, meaning that after choosing 12th, the draft will 'snake' back around and the Tempo will also select 13th.

The province is expanding its tow truck zones starting April 1 to restrict more sections of Ontario's highways to contracted companies approved by the Ministry of Transportation. This change aims to improve safety and streamline the towing process.

The Toronto Maple Leafs have now entered the chat... The Leafs fired general manager Brad Treliving on Monday. He didn't make it three full calendar years in the job, and had one year remaining on his contract.

Good urbanism should transcend politics. Socialists and capitalists can walk the same neighborhood and agree it's a pleasant place to live. They can each appreciate the tree canopy, the corner café with people spilling onto the sidewalk, the mix of ages on bikes and on foot, the architectural details of older buildings, and so on.

The Greenbelt, an over 800,000-hectare ecologically sensitive zone around the Greater Golden Horseshoe, was created in 2005. It provides environmental protection and specifies where development should not occur.

"The expansion positions NYC Alliance for continued growth while strengthening its design, showroom and operational presence in the historic fashion corridor," Peter Braus said, according to the New York Post.

Supply Scarcity: A looming "supply cliff" for 2026 and 2027 is expected due to a 44% drop in new housing permits since 2021. This chronic lack of inventory acts as a floor for property values, preventing a broader crash.

The province is projecting just 64,800 housing starts this year, 10,000 fewer than it expected for this year in last year's budget and 30,000 fewer than the 2024 plan projected.

I lost a lot of money while I was in Alberta. I had quite a lot of debt. Sure, you might save $4 or $5 on your bills, but ultimately, that's not what saved me money at all. Moving to Montreal in the summer of 2024 helped replenish the family's budget, even though la belle province is notorious for its higher taxes.

What we've seen so far is that home resales are still fairly sluggish. Those trends are primarily impacting Ontario and B.C., but we're starting to see some moderation in other parts of Canada as well, including parts of Alberta and Quebec, where smaller and mid-sized housing markets were hot in the second half of last year.

In early January, the Ford government's return-to-office (RTO) mandate took effect, ordering 60,000 public servants back to the office. The move culminates more than a year of RTO mandates from big names in tech and finance, reaching a fever pitch in late 2025, and has put a significant amount of pressure on Toronto's office market. The trend is reversing years of near-stagnant activity in the downtown commercial real estate scene, which took a big hit from COVID-era work-from-home policies.

Toronto's real estate association says it expects home price and sales weakness to persist for at least the first half of the year. The outlook came as the Toronto Regional Real Estate Board (TRREB) says home sales for January fell 19.3 per cent from a year earlier, while the average selling price dropped 6.5 per cent. Active listings rose 8.1 per cent. The board says home sales totalled 3,082 in January, while the average selling price was $973,289. There were 17,975 active listings.

[He] has been renting for the last eight years, just saving his money, Milonas told CBC Toronto. We had a chat pre-Christmas and he was like, What do you think? Is this the right time for me?' TRREB says lower condo prices could lead to another housing shortage if the current inventory is bought up quickly. (Cole Burston/Canadian Press) Milonas has now had that question from a handful of renters, and based on the current market, he's told most of them to go for it.

"It would be prudent for market observers to resist the temptation to trace a line from the end of 2025 into 2026," said CREA senior economist Shaun Cathcart in a statement. "We continue to expect sales to move higher again as we get closer to the spring, rejoining the upward trend that was observed throughout the spring, summer and early fall of last year."

Almost all 3,600 listed heritage properties in Toronto including several national historic sites, and the Gibraltar Point lighthouse are about to lose their protection against demolition and redevelopment, because of a section in the province's More Homes Built Faster Act, heritage experts say. The act, passed in 2022 to ease the housing crunch, gives municipalities until Jan. 1, 2027 to upgrade all properties on their heritage lists to full heritage designation, which protects the structures against arbitrary demolition.