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 ...
Wood-constructed 12-Storey Condo Development Promises an Increase in Sustainable Building Practices and a Boost to the Canadian Economy
May 10, 2017
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 ...
Building with an eye to the Future: Technological Trends in Today’s Condo Market
April 12, 2017
The latest condo communities in Toronto are being built with an eye to the future as forward thinking planners, architects and designers infuse living spaces with cutting edge technological services and tools. Leaders in the condo industry know that technology powerfully transforms and enriches lives. In a world where technological speed, delivery and dependability is needed for the well being of people and communities, today’s condo visionaries are rising to the challenge. This current technological trend in condo developments is best evidenced in two of Toronto’s most notable condo developments; Daniels,’ Waterfront City of The Arts, and Menkes Waterfront ...
Bubble, Bust or Boom: Why Buying a Condo Right Now in Toronto Is the Right Choice for Young Families
April 5, 2017
Ah, the Toronto real estate market. The buzz around home buying in the 416 is absolutely electrifying…or terrifying, depending on whether you are the home owner who has seen their dilapidated two bedroom semi climb in value by 23% (Source: Teranet-National Bank) in one year or the young, hard working couple trying to find a starter family home. Everywhere you turn, there is someone offering his or her two cents on the piping hot Toronto real estate market. You have the naysayers warning of a housing bubble that will burst like in the 1980’s when interest rates ...
BHive Condos coming soon to Barrie
March 1, 2017
Look North and what do you see? Well, if you're looking from the GTA you will see Barrie, one of Canada's fastest growing cities. It is rapdily becoming the centre of new condo development and with good reason as it has convenient access to the Go Train, lake, parks and you're a short hop to the beauty and relaxation of Cottage Country. It's not hard to see why many are making the move to this glorious area. Bremont Homes is introducing BHive Condominiums, to be located at Essa Road and Highway 400. Close proximity to Highway 400 ...
Family Time a la condo
February 21, 2017
Family day was yesterday and it still has us in a family mood. I mean when it comes down to it what is better than a loving family? What lifts you up more than a supportive family? Families are the best, and spending quality time with your loved ones does not require sitting in the living room of a 3500 sq. ft. house. You can also spend quality time in your smaller sized condo. A couple of well-placed sofa's and you have a living area that can rival any house. Take it a step further and impress your family ...
First Time Home Buyers in Ontario Get Higher Tax Refund
February 1, 2017
With the increasing prices of real estate in Toronto, the refund of up to $4,000 for first time home buyers, which is effective by Jan. 1, 2017, is a move by the government to help young members of the community to purchase a home. This is a small step towards easing the hesitation felt by many regarding whether or not they can afford their first real estate purchase. The refund, slated to be up to $4,000, should offset the land-transfer tax from the first $368,000 off the home price of a first time home buyer. This is almost double ...
Via Bloor Condos VIP Release
January 24, 2017
There is an urgency in the condo market right now as investors and end users are feeling a need to get in before prices get away from them. New developments that are launching this year are causing even more excitement then years past. One of those developments is Via Bloor condos. Via Bloor condos is the latest offering from Tridel and has already garnered a lot of interest even before it's launch. With its ideal location in the Bloor St E. and Parliament area of Toronto, it's a chance to get in on the ground floor of a master-planned community ...