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The Toronto Condo Market This Week (February 19, 2016)

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condo market news piece feb 19

‘Last remaining parcel’ on Toronto Fashion District western edge snapped up for high-rise

Toronto-based builders Carlyle Communities and CentreStone Urban Developments have purchased several Bathurst Street properties totalling approximately 8,000 square feet on the western edge of the city’s Fashion District with plans for an 18-storey residential tower on the site.

Maintaining insulating glass units in condos

What is the life expectancy of a condominium building? It’s something of a trick question that was posed to attendees at CCI-Toronto’s Condo 101 course on building maintenance and repair.

Canadian house prices edge down in January, says Teranet

Canadian home prices dipped 0.1 per cent in January compared to the previous month, according to the Teranet-National Bank Composite House Price Index, which measures price changes for repeat sales of single-family homes.

Mortgage rules requiring more than 5% down on Canadian homes over $500K kick in today

Today is the first day you’ll need to put upwards of five per cent down on a home selling for more than $500,000 in Canada.

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