Affordable rent in Toronto: not a myth yet, but it’s not looking good

The average rent for a one-bedroom apartment in Toronto right now is $1,532. Betty Hodgkins pays $896. Her building has an outdoor gazebo, regular euchre nights, holiday lunches and dance lessons, plus free ESL classes for residents who want to improve their English. The average rent for a two-bedroom apartment is $2,037. David Demchuk pays… Read More

Waterfront Toronto open to fast-tracking Port Lands development

It may not lead to Ferris wheels or mega-malls, but the man overseeing development on the Port Lands says he is open to new ideas for fast-tracking development on the derelict stretch of eastern waterfront. John Campbell, head of Waterfront Toronto, said the agency and the city are working together to generate fresh ideas for… Read More

Teachers takes ‘for sale’ sign off Leafs

The majority owner of the Maple Leafs says it rejected “a number of offers” for the iconic hockey franchise before ending an eight-month search for a buyer on Friday. An asking price thought to be more than $1.5 billion and the presence of minority shareholder Larry Tanenbaum turned into major stumbling blocks for Teachers’ as… Read More

Prepare for fare hike, TTC chair says

Public transit riders should brace themselves for another fare increase, TTC chair Karen Stintz said Friday night. “We’ve tried to do everything we can to avoid it,” she said. “But we still have a gap, and unless something changes we’ll need to close the gap through a fare increase.” In a letter to TTC customers,… Read More

Bixi expanding service area by relocating stations

Toronto will be the first Canadian city to maintain their BIXI bike rental services throughout the winter months. At the same time, it will be expanding its service area by relocating some stations. “We are quite excited,” said Michel Philibert, director of communications for BIXI. “In Washington, their system runs all year long. But Toronto… Read More

Metrolinx confirms downtown relief line is still on the map

A looming space crunch at Union Station and on the south end of the Yonge subway in 20 years could move up the prospect of another downtown subway or light rail line. Traffic at Union — already the country’s busiest transit hub, serving 65 million people a year — could nearly triple by 2031, according… Read More

Vertical Toronto: The high life

Toronto is a city with its head firmly planted in the clouds. Instead of building out, the city now aims for the sky. The rental apartment and office tower booms of the Œ70s and Œ90s have been followed by a highrise condo boom that is creating a buzz around the world. Some 140 condo towers… Read More

Student tower project downsized to 24 storeys

Is a 24-storey, 80-metre-high student residence — which would dwarf most of its neighbours on College St., just east of Spadina, and single-family homes to the south — more acceptable to the community than a 42-storey, 137-metre-high version? No, says area councillor Adam Vaughan; it’s still “way over the top.” The project proposed by Knightstone… Read More

A fixer-upper can save on the overall cost of the house

Don’t pass by that shabby house just yet. With the average price of Ontario homes on the rise to almost $360,000, the Ontario Real Estate Association (OREA) recommends looking beyond move-in-ready properties. “Everyone wants a house or condo that will be perfect the minute they move in,” says Barbara Sukkau, president of OREA. “But with… Read More

SOLD: 10 Enroutes Street, Toronto

http://youtu.be/6dJ9wsdHmyw Gorgeous, Modern 3 Bedroom Upper Beach Estates Semi-Detached House, Single Car Garage & Long Private Drive. Large Fenced Yard With Patio Area For Entertaining. Hardwood Floors In Living Room. Eat-In Kitchen, Granite Countertop, Stainless Steel Appliances, Lots Of Storage Space. Master Suite On 3rd Floor Has Walk-In Closet & Ensuite Bath With Soaker Tub…. Read More