Retail space fails to keep pace with greater Toronto's population boom
High demand for space helps retail real estate outperform the office sector
The stability of the retail real estate market relies on many factors, including macroeconomic conditions, demographic trajectories and the state of the space market. Notwithstandi...
Sluggish office market drags on Greater Toronto real estate sales
Despite overall drop, industrial sales grow
The Greater Toronto area's commercial real estate market — encompassing retail, office and industrial properties — has seen muted sales volumes so far in 2024 when compared with hi...
Nonbank mortgages are on the rise in Canada. So are overdue debts.
Two-thirds of nonbank mortgage debt is uninsured
In recent years, nonbank lenders have become a force in the Canadian mortgage market. These lenders, which include private lenders, mortgage investment corporations and credit unio...
Industrial supply outstrips demand in Greater Toronto East
Rent growth cools as more than 10% of the logistics space in region is available
The COVID-19 pandemic and its long shadow have significantly reshaped the industrial real estate landscape across North America, with the Greater Toronto area, or GTA, being no exc...
Green credentials — not just a leafy façade
Sustainability a higher priority for developers and investors since 2010s
Sustainability has been a growing focus in the Canadian real estate market for over a decade. The push for greener buildings gained significant momentum in the early 2010s, driven ...
West side story – A tale of western Toronto’s vacancy
Once a thriving hub for tech and creative firms, west Toronto still adjusting to a post-COVID world
Toronto, like many major cities globally, is grappling with a growing surplus of office space. In Toronto’s central business district (CBD) alone, from Dufferin Street to the Don V...
Toronto's housing crisis is in transition
Supply shortages convert to affordability struggles
The narrative surrounding Toronto's housing market is shifting from a supply crisis to an affordability crisis. Traditionally, the rule of thumb for housing expenses has been that ...
Golden opportunities in the Greater Horseshoe
Toronto region's resilient office fundamentals and demographic trends may underpin conversion feasibility
As excess capacity builds in the office market due to eroding office utilization rates, the housing shortage is growing. Population growth, particularly in urban areas, is driving ...
Shelter inflation is driving an exurban exodus
The Greater Golden Horseshoe should benefit from Toronto’s intraprovincial migration
Toronto is experiencing the accentuation of a historical trend as living costs continue to rise and show little sign of easing. Established residents of the Greater Toronto area ar...
Toronto’s office capital may be checking into hotels
Hotel buyer pool expands while office sees buy- and sell-side drop
From 2022 onwards, the share of office sales volume in Toronto has declined year over year. Toronto’s record-high office vacancy rate continues to expand, which coupled with rising...
Developers should look to 'future-proof' real estate projects by taking major demographic shifts into account
Generational shifts likely to affect demand for certain property types and features
Demographic shifts refer to changes in a population's age, size and distribution. Understanding these shifts is crucial for the commercial real estate market as they directly influ...
Rebound in Canada’s REITs may be a sign of bottoming market moving to recovery
Shift to lower interest rates is having positive impact
Generally, real estate investment trusts are traded on major stock exchanges, providing real estate investors with liquidity not typically available in the direct real estate marke...
Auto dealer goes on $200 million buying spree in Ontario
CanadaOne Auto Group has acquired 20 Ontario dealerships so far this year to stake a claim in Ottawa's flourishing auto sales market
An Edmonton-based car dealer, CanadaOne Auto Group, has been investing heavily in the Ontario region's auto retail landscape. So far this year, CanadaOne has acquired 20 auto deale...
Toronto’s Condo Market Is on Tenterhooks
Values Appear Increasingly at Risk as Loans in Arrears Accrue and Foreclosures Loom
Toronto’s troubled condo market is no secret, but it may be facing steeper declines than investors are ready for. According to the Toronto Real Estate Board, condo values in the ci...
Recent Liquor Control Board Strike Uncorks Questions for Ontario Retail Landlords
Recent Labor Dispute and Ripple Effects of Liberalised Liquor Sales Raise Concerns Over Future of LCBO Stores
The Liquor Control Board of Ontario, known as the LCBO, is a cornerstone of Ontario’s retail landscape. It operates a network of 685 retail stores province-wide and also serves as ...
'Laddered' Capital Gains Tax Discounts Could Help Stabilize Housing Market
Offering Incentives Rather Than Increasing Homebuyers’ Debt Loads, May Be More Effective in Achieving Housing Affordability
To help combat the housing affordability crisis, the federal government has extended the amortization period for residential mortgages from 25 to 30 years. While extending the amor...
Pending Legislation Seeks To Address Aspects of Housing Affordability
New Policies Face a Challenge in Balancing Tenants’ Rights and Landlord Obligations
As housing becomes less affordable and available in Toronto, steps are being taken to strengthen renters' rights. While the logic here is clear and likely altruistic, the potential...
Toronto’s Elevated Office Vacancy Offers Options for Interim Science Centre Move
Downtown Toronto Offers Numerous Interim Location Options for the Ontario Science Centre
The Ontario Science Centre has been the focus of much discussion and controversy recently following the announcement of plans to relocate it from its longtime current location at t...
Toronto’s Financial Core Appears to Be Shifting South
Congestion and Office Tenants' Priorities Driving Push
Based on an analysis of commercial real estate deals, it looks like the financial heart of Canada's biggest city may be edging south.
Heavier Electric Vehicles May Pose an Extra Hazard to Aging Car Parks
Parking Structure Assessments Needed To Ensure Adequate Support Heavier Loads From EVs
As electric vehicles increase in numbers on the road, urban centers may increasingly face an unexpected challenge from the added stress that the much-heavier EVs put on existing in...