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Phase 1 Tower at Central Park Reaches Mechanical Penthouse
Phase 1 Tower at Central Park Reaches Mechanical Penthouse

Phase 1 of The Residences at Central Park in Toronto has reached the mechanical penthouse level, marking a significant milestone. This mixed-use development by Core Architects and Amexon Development Corporation encompasses a five-tower community organized around a Central Park Common. The first phase is now approaching its full 31-storey height, with glazing progressing and construction shifting focus to the mechanical penthouse. Work advances on integrating the site with surrounding parks, while future phases will incorporate more residential units and retail spaces.

Quayside’s Allies and Morrison-Designed Building 2 Reworked in New Site Plan Application
Quayside’s Allies and Morrison-Designed Building 2 Reworked in New Site Plan Application

The revised Site Plan Approval application for Building 2 at Quayside in Toronto's East Bayfront has been submitted. Allies and Morrison are now the Design Architects, with architects—Alliance remaining as the Architect of Record. The plan reduces the tower's height from 188m to 183.9m, converting 638 condominiums to 576 rental units. This revised plan also relocates affordable housing units to Buildings 1B and 1C, increasing the building's amenity space.

Millions in loans for Algoma Steel is a matter of sovereignty: Hajdu
Millions in loans for Algoma Steel is a matter of sovereignty: Hajdu

Canadian Jobs Minister Patty Hajdu has emphasized the importance of domestic steel production, suggesting that reliance on foreign steel may not be sufficient for Canada's major infrastructure projects. This comment follows the government's decision to provide million-dollar loans to Algoma Steel. The loans are considered a move to bolster national sovereignty in critical industries. Ensuring a stable domestic supply is framed as crucial for ongoing and future construction initiatives in Canada.

Elysium Proposes 41 And 39 Storey Rental Next To Keele Station
Elysium Proposes 41 And 39 Storey Rental Next To Keele Station

Elysium Investments has submitted a proposal for a high-rise development in Toronto's High Park North area, near Keele Station. The project includes a 41-storey and a 39-storey tower with a shared six-storey podium, offering 873 rental units. Key features include extensive amenity spaces and provisions for vehicle and bicycle parking. The site, currently home to 11 single-detached homes, is well-connected by public transit.

Resubmission Reworks Quayside Multi-Tower Plans in Toronto's East Bayfront
Resubmission Reworks Quayside Multi-Tower Plans in Toronto's East Bayfront

Quayside Impact Limited Partnership, comprising Dream Unlimited, Great Gulf, and Waterfront Toronto, has submitted a revised master plan for the Quayside project in Toronto's East Bayfront. The revision aims to accelerate rental and affordable housing by deferring condominiums, altering the design and number of buildings, and replacing a proposed 70-storey tower with two shorter towers. The project includes rental, affordable, and condominium units, community facilities, and a publicly accessible community forest. The revised plan is undergoing zoning amendments and site plan approvals to move forward.

Toronto Could Face Higher Property Taxes As Feds Cut Refugee Support
Toronto Could Face Higher Property Taxes As Feds Cut Refugee Support

Toronto is facing a reduction in funding from the Canada-Ontario Housing Benefit, which has significantly impacted the city's ability to provide housing to its unhoused population. The city will only receive $7.95 million from April 2026 to March 2027, a 60% decrease from previous years, impacting its shelter programs. Mayor Olivia Chow is advocating for the federal government to increase funding for housing asylum seekers, which could otherwise result in increased property taxes to cover the costs. The discussion on additional support will take place at the upcoming Toronto City Council session.

This Toronto Investment Firm Is Filling The Student Housing Gap
This Toronto Investment Firm Is Filling The Student Housing Gap

Elysium Investments, a Toronto-based firm, is addressing the student housing shortage by launching Yarra, a platform for affordable, purpose-built student rentals near major post-secondary institutions. The aim is to provide high-quality, flexible accommodations that foster community, addressing student needs for affordability and belonging. Despite a challenging housing market, Yarra offers an opportunity for developers and investors by aligning social need with potential returns.

A New Townhome Community Rising Along The Rouge Valley
A New Townhome Community Rising Along The Rouge Valley

A new townhome community, called the Townhomes of Little Rouge by Camcos Living, is being developed in Markham, Ontario. The community will feature 147 residences ranging from back-to-back to traditional townhomes, with amenities highlighting both modern architecture and natural beauty. Located near Rouge National Urban Park, the development offers residents easy access to nature trails and city conveniences. The project emphasizes modern living with sustainable and durable construction, integrating community spaces like a central park to foster connection among residents.

Elysium Proposes Up To 43 Storeys Near Mount Dennis LRT Station
Elysium Proposes Up To 43 Storeys Near Mount Dennis LRT Station

Elysium Investments has submitted plans for a residential development near the Mount Dennis station in Toronto, featuring two towers of 43 and 41 storeys. The development will include 851 rental units and a public space. The proposal is currently awaiting approval from the City of Toronto and would replace existing homes on the site. The location is strategically close to major transit options, anticipating significant growth and development in the area.

A Harbour Story
A Harbour Story

Artist Melissa McGill's canoe procession, 'A Lake Story', was captured as it moved through the Toronto Harbour after traveling down the new mouth of the Don River. The procession returned to the Don in a colorful display using dyes from local plants and materials. The image of this artistic endeavor was taken from a balcony in the Distillery District and was featured by UrbanToronto. This event highlights the artistic integration in urban settings, using natural dyes to create a visual spectacle on waterways.

Construction completed at Confederation GO in Hamilton
Construction completed at Confederation GO in Hamilton

Construction of the Confederation GO Station in Hamilton has been completed by EllisDon, enhancing the GO train network and potentially increasing annual ridership by nearly half a million. The station will begin service on October 27 and includes features such as accessible platforms and parking spaces. This new station is part of the Ontario government's transit expansion efforts and marks the first new GO station opening in four years. The development is expected to alleviate transportation demands and support economic growth in the Greater Golden Horseshoe.

When The Luxury Market Is Cool (And The Neighbours Aren’t), Your Agent Makes All the Difference
When The Luxury Market Is Cool (And The Neighbours Aren’t), Your Agent Makes All the Difference

The article discusses the challenges faced by Canada's luxury real estate market in 2025, particularly due to economic and geopolitical pressures. Despite a strong start to the year, luxury property sales slowed in Greater Toronto and Vancouver due to factors like political tensions, stock market volatility, and local aesthetic issues. REMAX agents emphasize the importance of working with experienced professionals who can navigate these challenges, relying on their expertise to manage uncontrollable factors and maintain property appeal. Luxury agents also help adapt strategies to market changes, focusing on presentation, negotiation, and addressing buyer concerns.

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