Census shows Vancouver’s housing problem persisting

VANCOUVER—The number of people in who need better housing in Metro Vancouver has increased by more than 20,000 over the past decade, according to the latest census figures. While the percentage of those in what’s called “core housing need” actually dropped, Andy Yan, the director of Simon Fraser University’s City Program, said the numbers still … Read more

ICBC to vacate North Vancouver offices in next 3 to 5 years, leaving prime real estate empty – BC

After more than four decades on Lower Lonsdale, ICBC informed its employees this week that it will be vacating its headquarters at 151 West Esplanade St. in North Vancouver in the next three to five years. The 1980 building, which is owned by the public insurance corporation, has just under 300,000 square feet of leasable … Read more

Bigger, bolder, higher: Vancouver’s push for density has builders rejigging their plans

Rendering of the original Raphael building.Cape Group When Vancouver developer Zack Ross heard that the Broadway Plan had been approved, he immediately ordered all work stopped at the site of a 95-unit apartment building on East 2nd Avenue, in the False Creek Flats area. Instead of a five-storey building, Mr. Ross now had the potential … Read more

In Toronto, home buyers hone their tactics; rise of the ‘stink bid’

Realtor Andre Kutyan received a ‘stink bid’ for the house at 388 Elm Road in Toronto.Harvey Kalles Real Estate Ltd. In the slouching Toronto-area real estate market, figuring out which seller is motivated to sell at a discount is a game patient buyers are prepared to play. One of the tactics is the deployment of … Read more

Lakeview two-bedroom condo fetches $820,000

33 Harbor Square, No. 408, Toronto Asking price: $799.999 (August, 2022) selling price: $820,000 (August, 2022) Previous selling prices: $334,900 (May, 2003); $255,000 (June, 1994) Taxes: $4,474 (2022) Days on the market: two Listing agent: Anne Adams, Toronto West Realty Inc. The balcony overlooks the waterfront neighborhood of Toronto.Toronto West Realty Inc. The action It … Read more

Houses sold in Toronto and Oshawa with finished basements

SILVERTHORN Location: 105 Regent St., Keele St. and Rogers Rd. Asking price: $989,000 selling price: $980,000 Previous selling price: $271,500 (2006) Size: about 1,100 sq. ft. Lot: 25-by-125 feet, no garage, front yard drive with two parking spaces Taxes: $3,336 (2022) bedroom: 3 plus 1 bathroom: 2 Sold: July 6/22. Closing: Oct 3/22. This detached … Read more

CREA lowers expectations for home sales and price growth for 2022

OTTAWA – The Canadian Real Estate Association is cutting its forecast for home sales this year and lowering its expectations for price growth. In its latest housing market outlook released Thursday, the association said it expects 532,545 properties to trade hands via Canadian MLS systems this year, down 20 per cent from the 2021 annual … Read more

Toronto housing: Gil Penalosa makes pitch for density

Toronto mayoral contender Gil Penalosa wants to give homeowners the right to legally create up to six units in their homes, as outlined among a series of pitches to tackle the city’s housing crisis. Penalosa, a prominent urbanist challenging incumbent John Tory this fall, outlined his housing platform Wednesday morning. It includes several planks aimed … Read more

This Skinny Toronto House Is Listed For Almost $2M & Has A Toilet In The Bedroom

Getting up to pee in the middle of the night is a universal issue, and this Toronto home may have the solution. If you have about $2 million to spare, you could become the owner of a unique property that happens to have a toilet in one of its bedrooms. 138 St Clarens Ave. in … Read more

An architect’s flight of fancy inspires birdhouse-themed getaway

Architect Paul Backewich was inspired by a birdhouse when designing his getaway – no fuss, nothing unnecessary and each architectural angle or line lands exactly where it belongs.Dave LeBlanc/The Globe and Mail Before I’d even rubbed the sleep away, a pair of brilliant blue jays flitting about caught my eye. Within seconds, a third joined … Read more