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Toronto real estate news

Big price cut on Forest Hill house sparks bidding from three buyers
Real Estate

Big price cut on Forest Hill house sparks bidding from three buyers

After 11 weeks on the market, sellers cut the asking price by nearly $500,000. The move brought three offers and an unconditional sale at $3.48 million.

Toronto couple finds a midtown detached house after a tight $1‑million search
Real Estate

Toronto couple finds a midtown detached house after a tight $1‑million search

Peter and Jennifer McGillivray wanted a transit-friendly, two-bedroom home with room to host. They negotiated to buy a detached house in midtown for $1,025,000.

Palmerston semi sells after interest in laneway suite potential
Real Estate

Palmerston semi sells after interest in laneway suite potential

Three-bedroom semi near Christie Pits with private parking and laneway access sold for $1.207M; built around 1900 with 10-foot main-floor ceilings.

Yorkdale landlord fights proposed Fairweather takeover of former Hudson’s Bay space
Real Estate

Yorkdale landlord fights proposed Fairweather takeover of former Hudson’s Bay space

Oxford Properties asked a court to block Fairweather from taking the former Hudson’s Bay anchor at Yorkdale, saying the retailer would be unsuitable and could cost the mall hundreds of millions.

Province proposes pausing affordable-housing rules near transit until 2027
Real Estate

Province proposes pausing affordable-housing rules near transit until 2027

Queen's Park wants to delay inclusionary zoning in Toronto, Mississauga and Kitchener to 2027, citing stalled construction. Here's what it means for neighbourhoods and new condos.

Scarborough Civic Centre looks set to be legally protected — and that’s good news for Toronto
Real Estate

Scarborough Civic Centre looks set to be legally protected — and that’s good news for Toronto

The City is moving to designate the Scarborough Civic Centre as a heritage site, shielding Moriyama’s futuristic 1973 design from future redevelopment.

Think $100K Is Enough? Why Toronto and Much of Ontario Are Out of Reach
Real Estate

Think $100K Is Enough? Why Toronto and Much of Ontario Are Out of Reach

Zoocasa finds a $100,000 salary buys the average home in just 4 of 18 Canadian markets — none in Ontario. Here’s where you can still get in and where you’ll need backup.

Casa Loma mansion finally sells at $7.15M after eight tries — a $1.35M hit
Real Estate

Casa Loma mansion finally sells at $7.15M after eight tries — a $1.35M hit

A Casa Loma mansion sold for $7.15M in November after eight listing attempts, a $1.35M drop from its 2022 price — a sign buyers are squeezing sellers in Toronto's market.