Author: homegoal.ca
As we (finally) head into lakeside lounging and golf club swinging season, Ontario’s cottage country-goers have a couple new dining options – and they’re backed by a famed Canadian chef. Renowned Chef Mark McEwan – known for everything from top-tier Toronto restaurants (including ONE Restaurant at the A-list-filled Hazelton Hotel) and fine grocery stores to his role as a judge on Food Network’s hit series Top Chef – has teamed up with Great Gulf Group. The powerhouse partnership brings The McEwan Group’s reliably delicious culinary creations to Great Gulf Group’s cottage country properties, Lora Bay (Georgian Bay) and Taboo Muskoka…
There’s something special about how sports bring people together—and that passion runs deep in Canada. Sports are at the heart of Canadian culture, from the crack of a baseball bat to the roar of a sold-out hockey arena. For many, living near a major stadium isn’t just convenient (or an excuse to be a season ticket holder), it’s a dream come true. But what does life near a sports venue really look like? Zoocasa rounded up some of the best cities and neighbourhoods for sports fans in Canada. Whether you want to catch a weeknight hockey game or walk to…
The Greater Toronto Area housing market just logged one of its ugliest Aprils in recent memory. Inventory is exploding. Sales are evaporating. Prices are falling across nearly every category. And buyers? They’re nowhere to be found. There’s no panic in the streets, just a silent standoff. Sellers are flooding the market with listings, while buyers sit on their hands, watching values slide.It’s not a crash, but it’s close enough to leave bruises. And it’s not a typical correction, either. What we’re witnessing is something slower, quieter, and far more stubborn: a full-scale collapse in conviction. Inventory is soaring, but…
Retail plazas are a dime a dozen in the Greater Toronto Area, but Scarborough may soon have one less. A proposal that went to the City last month contemplates a 50-storey mixed-use tower at 2912-2926 Sheppard Avenue East, which is currently occupied by a string of retailers in a two-storey commercial building. The plans come from Hazelview Investments, and the Toronto-based firm acquired the property in August 2024 with plans to rezone it in favour of a high-density residential building.Situated on the north side of Sheppard Avenue East and east of Victoria Park Avenue, the 0.89-acre site will neighbour the…
Canada’s housing markets are faltering as trade tensions cast a long shadow over buyer confidence and economic prospects. The latest RBC Economics report from Robert Hogue reveals a steep drop in resale activity and softening home prices across many of the country’s major markets, with southern Ontario and British Columbia leading the slide. The toll of uncertainty The trade war, already a concern for many sectors, is now hitting closer to home—literally. April saw year-over-year resale activity tumble in markets like the Fraser Valley, Greater Vancouver, and Toronto. In fact, sales in southern Ontario reached near-cycle lows, with…
We are in the middle of the most serious and generational housing supply and affordability crisis in the post-World War II era. Both federal and provincial governments have acknowledged that government-imposed costs are bloated beyond reason and, along with red tape, are preventing the construction industry from producing housing for the middle class.This has perilous implications for quality of life, prosperity and driving away talent. Yet, the industry continues to face inexplicable continued efforts to increase taxes, fees, and levies. And the industry continues to devote considerable resources to address these mistakes rather than implementing solutions. The opportunity cost of…
Canada’s central bank is performing a dangerous balancing act. The Bank of Canada’s (BoC) latest Financial Stability Report (FSR) shows mortgage impairments surged in Q1 2025—enough to trigger internal alarms, but not enough to consider a problem. However, the question isn’t whether risks are growing (they are), but who’s in trouble: struggling families or overleveraged investors? Failing to identify where risks are rising can stick taxpayers with the bill for an investor bailout, presented as a social good. Canadian Banks See Mortgage Impairment Surge 65% From Lows Mortgage impairment rate at Canada’s largest banks. Source: Bank of Canada. Canada’s largest…
As Canada faces a persistent housing affordability crisis, many homebuyers are turning to alternative options that offer both cost savings and efficiency. Modular housing is catching on across the country, with many officials seeing it as a faster, more efficient way to build affordable homes that the growing population of Canada needs. This guide answers the most frequently asked questions about modular homes and your top questions about modular living—and who knows, it might just be the key to your next move. Jump Ahead 1)What is a modular home? A modular home is prefabricated housing built in sections, or modules,…
A former Calgary real estate agent has been charged with fraud in connection to a multi-million-dollar real estate investment scam that police allege deceived several investors over four years. Calgary police announced on May 8, that Eric Drinkwater, 43, has been charged with one count of fraud over $5,000. Investigators say Drinkwater, a former associate broker at Re/Max Central, solicited loans disguised as real estate investment opportunities, resulting in at least 16 victims and a combined loss of more than $1.9-million. Allegations of fraud The scheme is believed to have occurred between March 2020 and February 2024. During…
Canadian housing starts exhibited a divergent pattern in March 2025, with many smaller centres outperforming the country’s largest metropolitan markets. While national starts declined 14% year-over-year, several mid-sized and smaller urban areas recorded substantial gains, according to data on housing starts from the Canada Mortgage and Housing Corporation (CMHC). Major Metropolitan Markets Under Pressure Toronto and Vancouver, which together account for a sizeable share of national starts, experienced steep downturns. Toronto’s total starts plunged 65%, driven by a 55% drop in single-detached units and a 66% reduction among all other types. Vancouver saw new starts fall 59% overall, as high-density…