Author: homegoal.ca

With more than a year in operation on the books, Toronto’s new Development Review division has hit milestones worth noting. According to a report that went to the City’s Executive Council on Wednesday, the new division has successfully improved internal structures, aligned processes, and enhanced interdivisional coordination. “This has helped reduce delays and ensure that as development increases in scale and complexity, it is matched by timely delivery of infrastructure and services that reflect complete communities principles,” it says.In more specific terms, the division has sped up review timelines for Official Plan Amendment, Zoning By-law Amendment, and Site Plan Control…

Canada isn’t just seeing citizens flee in record volumes, capital is fleeing too. Statistics Canada (Stat Can) data shows a net outflow of $16.2 billion from securities in May, marking a fourth month of capital flight. Despite the TSX’s stellar recent performance, investors are reducing exposure and sending more capital abroad.  Canada Saw $16 Billion of Capital Flee, $84 Billion Over 4 Months Canadian international transactions in securities.  Source: Statistics Canada.  As mentioned above, the net outflow of capital from Canadian securities hit $16.2 billion in May, meaning that much more left than arrived. It was the fourth consecutive month…

Canada’s housing market is on the mend, but not in lockstep. Home resales are climbing nationwide, yet price trends continue to split along regional lines.  National resales rose for the third consecutive month in June. However, overall, prices remained lower, with national declines largely driven by weaker conditions in Ontario and British Columbia, according to Robert Hogue, assistant chief economist at RBC. Hogue says regional differences in market performance have become more pronounced. Markets in the Prairies, Quebec and Atlantic Canada are experiencing tighter supply and demand conditions, while several areas in Ontario and B.C. are facing elevated inventory, affordability…

The City of Vancouver is set to take another step towards the “transformation” of its development approvals process, as it begins to introduce standardized zoning district schedules for residential buildings that will have defined sets of built form typologies, reducing the need for site-specific rezonings that can add a significant amount of time to development timelines.Under current rules, developers often need to apply for rezoning — even when their proposed use aligns with existing City policies, such as a local area plan. In most cases, applicants seek to rezone their site to a CD-1 (Comprehensive Development) zone, a zoning that…

Canadian housing starts are soaring—even as demand crashes, especially in major markets. CMHC data shows new home starts climbed in June, hitting one of the highest levels in years. That may seem like a shift in market confidence, but BMO is warning it’s anything but. Developers are pivoting into rentals as homebuyers retreat, with a massive pipeline of projects setting the stage for another wave of price corrections.   Canadian Housing Starts Soar As Demand Implodes Canadian housing starts hit a seasonally adjusted annual rate (SAAR) of 283,700 units in June, rising 0.4% from a month before and now sitting at…

While most people have dreams of buying a suburban single-family home, some are on the hunt for something truly unique. If the latter sounds like you, we’ve uncovered some of the most interesting homes we could find currently for sale across Canada, ranging from dome homes to houseboats to forest castles. So if you’re looking for something a little unconventional that will leave your guests in awe, look no further. Note: This article was originally published on June 28, 2023 and updated on July 18, 2025. Listed by: Signature Elite Realty Ltd. Listed by: Signature Elite Realty Ltd. Listed by:…

Realtors are experienced in dealing with two of society’s biggest stressors — money and relationships — but many working in the field have little formal training on handling situations that threaten their own safety. Agents are often expected to meet clients one-on-one, often in empty homes, creating the perfect opportunity for predators. Rob Andress, a real estate agent who also runs Street Safe Self-Defence with his wife, Beth Andress, said when confronted with violence, Realtors often escalate the situation with their response. Both men and women can be victims, said Rob, but there are differences in the types of situations…

Once criticized for its slow start, the City of Toronto’s dedicated housing agency, CreateTO, has made major strides over the past two years. A new Housing Progress Update set to be presented at the agency’s next meeting on Monday highlights that three projects have begun construction since the summer of 2023, while six others have major development segment partners in place, including Ellis Don, Collecdev-Markee, Windmill Developments, Kilmer Group, Tricon Residential, KingSett Capital, and CentreCourt. Notably, this latest edition of CreateTO’s progress update makes mention of the City’s new ‘Toronto Builds’ framework, approved by Council at their May session, which…

More than just the name behind a revered Toronto brokerage, Harvey Kalles was a compass for the industry — a steady, thoughtful leader whose influence transcended the business he built. Kalles, founder of Harvey Kalles Real Estate Ltd., died on July 9 at age 98. In the industry for nearly three-quarters of a century, Kalles was still in tune with the real estate market even days before his passing. His son Michael Kalles, president of the family brokerage, said during the service on Thursday at Benjamin’s Park Memorial Chapel that his father was still sharp as a tack, and that…

In contrast to the intensely colourful Mount Dennis mural at Weston Road and Eglinton Avenue West, the abutting Scotiabank branch at 1150 Weston Road doesn’t make much of an impression. But, perhaps surprisingly, it’s a notable building that’s been around for 75 years and on the City of Toronto’s Heritage Register since 2013. Given its heritage significance, a 46-storey development proposal that went to the City at the beginning of July calls for the incorporation of the existing building at its base. The plans come from a numbered company (2629964 Ontario Inc.), and also calls for a height of around…