Toronto seeks bids on private trash collection earlier than expected

Private garbage collectors could be replacing municipal workers on downtown Toronto streets as soon as next summer, a new timeline that puts the city six months ahead of schedule in its bid to contract out garbage services, and adds a degree of tension to looming labour negotiations. The city issued its call for bids on… Read More

Tenants halt the wrecking ball’s swing

Scan downtown cores across the country and it’s not uncommon to see older shops, offices or other commercial properties being razed or redeveloped. As urbanites know too well, when the wrecking ball swings in cities such as Toronto and Vancouver, a residential building is about to spring up where a commercial one once stood… Read More Source… Read More

University of Toronto Schools being evicted

After a century of co-operation, the University of Toronto Schools (UTS) has been asked by its creator, the University of Toronto, to vacate its premises and move elsewhere. The deadline is in 2021. The university intends to repossess the school’s current location at Bloor and Spadina for its own use, in line with the increasing… Read More

Companies now looking for more than cheap office space

The criteria for choosing commercial real estate has become more holistic and office real estate agents are increasingly adopting residential marketing methods in response, says Vancouver marketing firm Braun/Allison Inc. With initiatives such as employee retention and corporate social responsibility coming to the forefront, companies are just as interested in a building’s amenities as they… Read More

Big box U.S. stores butt heads with Toronto shops

Retail space often dictates the character of the neighbourhood it occupies, and the battle for retail development is about to heat up more in Toronto. Once the domain of local shops and small businesses, Toronto is now targeted by American retailers eager to move into urban big box stores. The Toronto Star highlights the development… Read More

Toronto office space in high demand: Colliers

Vacancy rates for office space in the Greater Toronto Area is expected to remain stable and even contract slightly this year despite continuing construction of office towers, according to a report published this week by Colliers International. The current first quarter vacancy rate of 6.4 per cent for office towers is expected to drop to… Read More

For sale: Metro Toronto Convention Centre

The Front Street portion of the Metro Toronto Convention Centre is being put up for sale. The sale will include the Hotel Intercontinental, conference facility, office tower and parking garage in a total of 1.95 million square feet. Its owner, the crown corporation Canada Lands Company Ltd., expects to sell the commercial property within a… Read More

One way to find out if property management is on its game

Episode 323 of the Toronto Real Estate Musing daily video blog. George O’Neill has a quick tip when inspecting a commercial property to invest in or lease, or thinking of buying an older condominium. As they say, the devil’s in the details. Just follow the green. httpvh://www.youtube.com/watch?v=MOW8wH3DGzw Take a look at the outdoor grounds, such… More

Commercial real estate? Only with no compromise

Episode 280 of the Toronto Real Estate Musing daily video blog. George O’Neill answers the question “Does O’Neill Real Estate handle commercial real estate in Toronto?” The answer may surprise you. httpvh://www.youtube.com/watch?v=nX9J2iaPYXM First in foremost, we always recommend you work with specialists. Secondly, by we tend to focus mostly in The Beach and downtown Toronto…. More

Unavailable: 4560 Highway 7 East, Markham

httpvh://www.youtube.com/watch?v=OvQo2Seb-As Welcome to 4560 Highway 7 East, Unit 500 in Markham, a fantastic retail location in a Unionville shopping plaza on the north side of Highway 7. Between Main Street Unionville and Kennedy Road, this shopping area experiences high traffic flow. The unit comprises of a street level retail area of 1,839 square feet and… Read More