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New Porsche Dealership With Cafe and Patio Opening In Toronto
Porsche is set to open a flagship dealership in Toronto's Port Lands, featuring a stylish cafe and patio. Located at Cherry and Polson Streets, this new three-storey facility aims to enhance the areaβs vibrancy by blending automotive excellence with a relaxed atmosphere.
62 Storey Pencil Thin Skyscraper In Downtown Toronto
Toronto's blend of old and new is showcased in a proposal for a tall, pencil-thin skyscraper gaining support from heritage planners. Designed by Alliance and led by SmartCentre REIT, the 62-story minimalist tower includes a three-story glass section. The proposal involves demolishing and partially retaining late 1800s buildings at 49-51 Yonge Street, stirring controversy over the potential loss of architectural integrity and displacement of businesses.
Escape Toronto Prices: Where GTA Residents Are Moving
With Toronto's high living costs, many are moving to more affordable areas. Explore why cities like Edmonton, Thunder Bay, and St. John's are becoming popular choices for those seeking financial stability and a better quality of life.
Canada Must Build 1.3 Million Homes by 2030 to Bridge Housing Gap
Canada is facing a significant housing shortage, with a recent report from the Parliamentary Budget Officer (PBO) indicating the need for an additional 1.3 million homes by 2030 to meet demand.
Toronto's Chinatown Set For Major Transformation
Toronto's Chinatown is undergoing a major transformation with renovations at 283 Spadina Avenue. The project aims to celebrate cultural heritage through distinctive red, modernized Chinatown signage. Click to read more!
Bank of Canada Cuts Interest Rate to 4.75% Amid Economic Changes
The Bank of Canada has cut its target for the overnight rate to 4.75%, aiming to stabilize the economy and manage the balance sheet. This is the Bankβs first rate cut since March 2020, and it signals some exciting changes ahead for the real estate market. But what does this mean for you? Click to read more!
Canada's Inflation Rate Falls to 3-Year Low of 2.7%
In April 2024, Canada's annual inflation rate dropped to 2.7%, marking its lowest point in three years. Core inflation measures also continued to decline, raising the possibility of the Bank of Canada cutting interest rates in June. Click to read more!
Canadaβs Tallest Office Building Is Being Constructed In Downtown Toronto
Toronto's skyline is set to change with the upcoming 50-story CIBC Office Tower at 141 Bay Street, expected to be Canada's tallest office building. Designed by WilkinsonEyre and Adamson Associates, its unique steel frame allows for swift construction. With urban features like an elevated park and pedestrian bridge, the tower will reshape the city's financial district.
Canada Rental Prices Jumped Over 20% In Last 2 Years
Rental prices in Canada surged by 21% since 2022, reaching an average of $2,193 per month. Shared roommate listings spike amid the housing market collapse. Urgent calls for government action to address the affordability crisis.
Canada Goose Donates $35 Million For Massive AGO Expansion
Canada Goose CEO Dani Reiss donates an impressive $35 million to kickstart a significant expansion at the Art Gallery of Ontario. The AGO unveils plans for a 40,000 square feet increase, featuring at least 13 new galleries across five floors.