The Residential Construction Council of Ontario (RESCON), the non-profit association that represents 200 of Ontario’s residential builders, and the University of Toronto’s Tall Research Group, have just released a new report which details condo development trends in Toronto over the last decade. According to the report, there has been a slowing in the building approval process for condo developments in the city over the last 10 years and this has had a dire impact on municipalities, as well as potential condo buyers. With zoning and by law demands increasing, condo units are not getting made and this is ...
New Report Shows Shortage of Condos Units for New Home Buyers in Toronto
June 7, 2017
Interior Design Tips and Tricks That Will Make Your Condo Both Spacious and Personal
May 31, 2017
Last week, we heard from one of Toronto’s most celebrated interior designers, Sacha Nizami. We asked her about condo design and decorating; specifically her take on how to use design techniques and tricks to make a condo space more spacious. She shared some great design ideas with us. Her most important take away points to increasing the space in a condo; take the time to space plan and use multifunctional furniture pieces. In today’s post, I am sharing some of her home décor tips that will make your condo feel more spacious. While it is of the utmost ...
Bianca Condos - One of our Top Picks for 2017
May 26, 2017
One of our Top Picks of 2017! Inspired Annex Living. We here at Condominiums.ca eat, breath and sleep condominiums all day everyday. We love them and have pretty much seen it all. However, every now and then one comes up that really makes us swoon. So much so that we daydream about living there. Bianca condos is one of those gems that will be an amazing place to call home! Coming to New Dupont west of Spadina in the Annex, Bianca condos will be luxury inspired Annex living at it's best. This latest offering by award-winning, best in class developer Tridel, Bianca ...
How to Get the Most Out of Your Condo Square Footage: The Power of Space Planning & Multifunctional Furniture
May 24, 2017
Purchasing a condo is one of the most exciting decisions you will ever make. You do your research, choose a knowledgeable realtor who specializes in condos, make an offer and sign on the dotted line, work with lenders to fund the most important investment of your life and then, on closing day, you get the key to your new home. You insert this tiny piece of cut metal into the lock of your new property and open the door to endless possibilities in living, working and entertaining. But what happens when you can’t visualize how to use your ...
New Research Reveals First Time Home Ownership in Canada Remains a Solid Choice
May 17, 2017
Many Canadians are curious as to how our nation’s hotter than ever real estate market and new mortgage qualifying rules have affected individuals entering the Canadian real estate market for the first time. Is buying a home in Canada’s amped up real estate market an unhealthy financial risk for first time buyers? Are less Canadians able to buy their first homes? Recent research done by Genworth MI Canada Inc., Canada’s largest private residential mortgage insurer, indicates that while there are differences by region, first- time home buyers in Canada are doing their homework and have responded well to market ...
Executive Semi-Detached Luxury Homes in Mississauga - Exclusive VIP Access
May 11, 2017
Exclusive Pre-Release V.I.P. Event Executive Semi-Detached Luxury Homes in Mississauga! Coming soon to an established residential neighbourhood in Mississauga at Winston Churchill just South of Derry Rd will be a contemporary collection of French Chateau-inspired semi-detached family-sized homes. This highly sought-after family neighbourhood is within walking distance of the Meadowvale Town Centre, Lake Aquitaine Park and is a short drive to grocery stores, restaurants and much more. It is also a short drive to the Meadowvale GO Station, HWY 401, 403, QEW and HWY 407. These homes will truly have it all, with open concept living spaces, 3 car parking, rear ...
Wood-constructed 12-Storey Condo Development Promises an Increase in Sustainable Building Practices and a Boost to the Canadian Economy
May 10, 2017
Recently, government officials representing the Ministry of Natural Resources, attended the capping ceremony for the cutting edge condo development, Origine, in Quebec City's Pointe-aux-Lièvres eco-district. Origine is the tallest wood-constructed condominium in North America consisting of a 12-storey wood structure on top of a one-storey concrete podium. The use of Canadian wood as the primary building material for Origine, makes this 41 metre tall condominium development a leader in sustainable building practices and a global representative for the Canadian lumber industry. Origine has been built with cross-laminated timber sourced directly from Canada. This material is just as strong ...
New Provincial Tax to Educate Ontario Condo Owners Promises No More Buyer Beware
May 4, 2017
Ontario condo owners will soon be subject to a new monthly tax. While this may sound like a negative development, leaders in the condo industry and experienced condo owners are certain it is not. This revision to Ontario’s Condominium Act, which could cost condo owners as low as a dollar per month, is set to be in place by late 2017. The fee will be used to educate condo owners through various means, on subjects like good builder practices, condo owner rights and appropriate condo management expectations. According to the Ontario government, Condo owners in the province are in need ...
Ontario Condos Selling Out in One Day
April 26, 2017
In today’s hot housing market, we are used to seeing bidding wars on single-family homes in Toronto, the GTA and Ontario. Indeed, any such dwellings on the open market reap an onslaught of multiple offers, jacking the final sale price up by hundreds of thousands of dollars. Many of us have become used to this real estate reality, but did you know that condos in Ontario have now begun to be valued just as much as single-family homes in Ontario? Recently, Surface Developments, an award-winning Ottawa based condo builder specializing in low-rise custom designed projects sold out their ...
Is the Modern Esthetic the Best Choice for Living in Smaller Spaces?
April 19, 2017
Homeowners in smaller living spaces are often tempted to create a living environment using modern fixtures, clean lines and discreet storage solutions in the hopes of giving the illusion of more space. Nowhere is this tendency towards sterile lines and clutter free living more evident than in the homes of big city condo dwellers. Where square footage is going for a premium and space is limited, subscribing to a minimalist design in an attempt to trick the eye into perceiving more space is a temptation most can’t resist. While some condo owners happily subscribe to modern furnishings ...