Articles from Storeys

This article introduces a modern two-bedroom, two-bath condo located at Howard Park Avenue in Toronto's Roncesvalles neighborhood. The condo offers a balance between urban living and natural surroundings, featuring a large terrace with views of the city and High Park. Inside, high-end finishes and a spacious design enhance its appeal, and its proximity to local amenities makes it a desirable location. The condo is listed for $1,179,000, representing a stylish and convenient living option in the city.

Aspen Ridge has proposed a 39-storey residential tower as part of the Crosstown Community at Don Mills Road and Eglinton Avenue East, Toronto. The new tower, located in Block 6C, aims to add 452 condominium units to the community, which is part of a larger 60-acre development project including residential, office, and commercial spaces. Designed by CORE Architects, the tower will feature a distinctive podium with an undulating design and numerous amenity spaces. The area offers strong transit connections and is poised to become a dynamic, mixed-use community.

The article discusses the crisis in Toronto's housing market as an opportunity to rethink urban development dynamics. It addresses the over-commodification of housing, urging a shift from speculation-driven models to constructing homes for diverse community needs. The author emphasizes aligning economic models with social values and community integration, advocating for sustainable urban growth. By collaborating across the industry, Toronto can transform current challenges into a foundation for a resilient, equitable urban future.

A new construction project could replace Caledonia Bakery with an 18-storey mixed-use tower in Corso Italia-Davenport, Toronto. The development proposed by 2003801 Ontario Ltd. requires a zoning change to allow for increased height and aims to integrate 211 condo units and retail space. If approved, this project, alongside other nearby developments, would transform the mostly low-rise neighborhood, offering new housing close to public amenities and transit.

GWL Realty Advisors has unveiled plans to complete a historic Toronto project initially envisioned 100 years ago as a Canadian version of New York's Rockefeller Center. The project involves redeveloping the existing seven-storey structure at College Park into a mixed-use complex with three high-rise towers containing over 2,300 housing units, a hotel, retail, and entertainment spaces. The development aims to preserve the Art Deco style of the original building while adding modern architectural elements. The plans are currently in the planning approval phase, with community feedback playing a role in shaping the design.

A Bridle Path mansion in Toronto has been listed for sale at $32.57 million, making it the second most expensive property on the market in the city. Situated in the prestigious 'Millionaire's Row,' this grand estate offers luxury amenities including a home theatre, a spa, a gym, an indoor pool, and a sports court. The mansion features classical architecture with modern luxuries and is located near attractions like Crescent School and the Granite Club.

Harvey Kalles, the founder and CEO of Harvey Kalles Real Estate Ltd., passed away at the age of 98. Kalles founded the real estate brokerage in 1957, which has grown into one of the largest independent brokerages in Canada. The company, managed by his son Michael as President, features over 300 agents and has achieved over $10 billion in sales in recent years. Kalles was remembered for his dedication to his family and his integrity in business.

Hollyburn Properties Ltd. has submitted a proposal to the City of Toronto to replace a 10-storey rental apartment at 48 Isabella Street with a new 69-storey skyscraper. This development would include 814 residential units and significant amenity spaces but no parking provisions. The initiative aligns with other high-rise projects in the area as developers focus on the Isabella Street corridor. The architectural plans emphasize high-quality design with a two-storey podium and extensive bicycle spaces instead of car parking.

A planned 32-storey flatiron building project in North York, Toronto has been placed under receivership due to a debt of over $28 million. The Ontario Superior Court granted the receivership order after the developer, Grmada Holdings Inc., defaulted on a loan, with the debt including accumulated interest and fees. The project site was approved by the City Council but has failed to progress due to financial troubles and a reported fire incident. TDB Restructuring Limited has been appointed as the receiver to handle the affected properties.

Hyyve, a new proptech platform based in Toronto, is transforming the real estate industry by allowing homeowners to receive bids from vetted real estate agents to sell their homes. The platform prioritizes choice, data, and control for sellers, who receive an upfront payment from the winning agent to help offset various costs. Agents benefit from direct access to serious sellers, avoiding traditional low-ROI advertising methods. Additionally, Hyyve is expanding its services to support residential buyers, facilitating transparency and agency in the home buying process.

The article describes a luxurious estate located at 221 Forest Hill Road in Toronto, which evokes the charm of the French countryside. This custom-built home features six bedrooms, nine bathrooms, and is priced at $26 million. The property boasts a grand limestone façade, elegant interiors designed by prominent local figures, and extensive recreational facilities including a lap pool and private sports court. The listing is presented by Sotheby's International Realty Canada.

A new master-planned community has been proposed in Etobicoke, Ontario, aiming to deliver 7,360 housing units, commercial space, an elementary school, and public parkland. Fig Tree Construction Ltd. filed for an Official Plan Amendment to redevelop the 1255 The Queensway site with 15 towers ranging from 12 to 65 storeys. The development will include new roads, public parks, and extensive landscaping, transforming the area into a modern urban space. The project aligns with the ongoing high-rise developments in the vicinity, supported by existing transit options and proximity to major expressways.