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Cadillac Fairview to Go Ahead with Building Project Despite Any Pre-Leasing

Wednesday Mar 08th, 2017

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You would think with all the talk about accessible real estate in Toronto that a brand new development project in the downtown core would be highly sought-after and fill vacancies quickly. That said, a development project downtown by Cadillac Fairview has found itself in the position that it will be breaking ground without any pre-leasing. The 32-storey building will be located at 16 York St. and feature 879,000sqft of available space. Although the project remains fully vacant, Toronto... [read more]

Renting in Toronto - Deciding Whether or Not to Live with a Roommate

Friday Mar 10th, 2017

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Looking at the housing market in Toronto can be stressful for a Millennial. The average cost to buy a home in the Toronto area rose to $730,000 in 2016 and continues to rise. This leaves a large percentage of the millennial population looking to lease over the coming years, rather than buy. Even leasing is a lucrative market in Toronto, with the average rent for a 1 bedroom apartment being around $1700.  It is easy to see why so many Millennial's are concerned about their housing... [read more]

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