The Real Estate Magazine
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Step into the world of real estate with unparalleled insights into the international and Toronto markets. Experience cutting-edge design, explore lifestyle trends, and immerse yourself in a curated collection of stories that inspire, inform, and elevate your property passions. Welcome to The Real Estate Magazine – where every detail is crafted to perfection.
Non-Resident Speculation Tax Increasing March 30, 2022
As part of its commitment to tackle Ontario’s housing crisis by prioritizing Ontario families and homebuyers, the government is increasing the Non-Resident Speculation Tax rate to 20 per cent, closing loopholes to fight tax avoidance and expanding the tax to apply provincewide effective March 30, 2022.
The Homes Of Jackie O
Jacqueline Kennedy Onassis’ life with the president is often compared to the legendary court and castle, Camelot. But she’s also tied to some spectacular real-life homes—some of which could be considered castles, of sorts—where she rode through the hills on horseback, met the man she would marry, and then started anew.
Tips for Selling Your Home from Our Agents Across Canada
When it comes to selling that all-important investment, your home, there are many factors to consider. In addition to freshening up the paint — a must before you list — here’s what savvy real-estate brokers across Canada recommend.
Open House: A Floating Loft in Amsterdam
For land-scarce metropoli like New York, architectural innovations tend to scale vertically: without a place to spread outwards, development takes to the skies. Meanwhile, in Amsterdam, innovation can be found at sea. A district of water homes located on a string of artificial islands adjacent to the city’s historic canals feels distinctly Dutch: dubbed the WaterWonen project (translates literally to living in water), modern houseboats are moored at a harbor conceived by Danish architecture firm Monteflore (responsible for designing one of the city’s most luxurious hotels). The independently-sailing vessels include homes—like this spacious steel converted cargo ship—that invite guests to come down out of the clouds and enjoy the delights of open water.
This North York Home Caused An Uproar When It Was Built In The ’90s. Now, It Can Be Yours For A Cool $3 Million
One of Toronto’s quirkiest homes, the angular blue property at 1 Bond Ave. that made waves in cookie-cutter Don Mills when it was built in the late ’90s, is on the market. The house, along with its fraternal twin property at 3 Bond Ave., drew the chagrin of neighbours when it was built at the turn of the millennium.
Hinterland | The Benefits of Owning a Vineyard
Whether you’ve always dreamed of owning a vineyard or have only recently considered making one your home, there are many benefits to living and working among the vines. From European-style estates in California to a historic homestead in South Africa to a West Coast–style winery in Canada, there is no shortage of opportunities to make the dream a reality. Owning a vineyard is not only about running a business or winning acclaim—though those things are a major plus—it also offers a host of unexpected upsides. So whether you’re an enthusiast looking to bottle the next award-winning merlot, a hobbyist in pursuit of a weekend fascination, or a casual browser on the hunt for an idyllic vacation property, vineyard ownership is an adventure waiting to be discovered.
Toronto Home Prices Climb In October as Condos, Semi-Detached Houses Edge Higher
Toronto’s housing market showed more signs of stability in October as prices for condos and semi-detached homes jumped even as unit sales were little changed. The average selling price rose 1 per cent last month from September to a seasonally adjusted $810,881 (US$619,419), the first gain in three months. The benchmark price, which adjusts for the types of houses sold, rose 2.6 per cent from the same month last year.
TREB MARKET WATCH | OCTOBER
Toronto Real Estate Board President Garry Bhaura announced year-over-year increases in home sales and average sale prices reported through TREB's MLS® System in October 2018. Greater Toronto Area REALTORS® reported 7,492 sales through TREB's MLS® System in October 2018 – a six per cent increase compared to October 2017. On a preliminary seasonally adjusted basis, sales were down by one per cent compared to September 2018.
2018 Modern Family Home Ownership Trends Report
A new report released today by Mustel Group and Sotheby’s International Realty Canada reveals the impact of rising housing costs on young families across the country’s major metropolitan real estate markets, highlighting the significant contrast between the home ownership aspirations and realities of this demographic.
5 Reasons Why The Toronto Housing Market Won't Crash
While it's easy to think that a few slow weeks are a sign of something larger, a more thorough analysis reveals that the Toronto market is still very strong. There have been many news articles about the slowdown of the Toronto housing market, and many industry prognosticators are predicting a crash. While it's easy to think that a few slow weeks are a sign of something larger, a more thorough analysis reveals that the Toronto market is still very strong. This is more likely just a temporary pause, and here are five reasons why prices and activity in the housing market will soon bounce back and continue to climb.
Toronto Housing Market Grows 'Tighter' As Sales, Prices Rebound
Fewer homes for sale and growing demand means upward pressure on prices, once again. The Toronto Real Estate Board says the housing market is becoming "tighter" as the number of new listings across the Greater Toronto Area dropped in September, while home sale prices climbed compared with a year ago.
From Art Deco to Contemporary: 8 Popular Home Styles Explained
When it comes to home design, inspiration can be found in any era. Whether contemporary or colonial, Tudor or Victorian, the tastes of the past have a way of influencing the present. Reviewing architectural conventions can be a great way to curate your preferences when it comes to selecting your next home. Below, eight popular home styles explained.
3D Printing and Augmented Reality | A New Path to Home Ownership
Thanks to modern advancements in augmented reality and 3D printing, redesigning a space or building a new home has never been more futuristic. We are living in an era of unprecedented innovation, where homes can be assembled from scratch in just under 24 hours, and living spaces designed from a few taps on a smartphone. More than just passing trends, these technological leaps represent a disruption of the home and design industry. Here, we examine two of the most promising advancements in home construction and retail, and why they’re catching the world’s attention.
There's A Reason North America's Tech Talent Is Heading To Toronto
Toronto recently made waves on the web with the news that the Ontario capital had become North America's fastest-growing tech market. According to the CBRE's 2017 North American Scoring Tech Talent report, Toronto added 22,500 new technology jobs to eclipse tech hotbeds New York (5,370) and San Francisco (11,540) combined. In doing so, Toronto leaped from 12th to sixth in the overall annual ranking.
What a $15 Million Home Looks Like in 15 Cities
Let’s play a little game. Imagine you have a $15 million real estate budget. You can buy any house, anywhere. What matters to you? What a $15 million house looks like varies—both in terms of square-footage and amenities—depending on the home’s location around the world. Most everyone knows that real estate in New York City or Monaco, for example, is more expensive in terms of square footage than, say, in Houston or Atlanta. Would you prefer to spend the $15 million on roughly 2,418 square feet of space in the hustle and bustle of New York City? Or would you splurge on 11,248 square feet (not to mention the 1.71 acres of land) in quieter Houston?
How Lanterra Developments Came Up With the City’s Most Sophisticated Condo
With 50 Scollard, the developer set out to build something for the ages.
At this point in the architecture history of downtown Toronto, with each new building aspiring to outshine what came before, it’s not easy to build something iconic.
But when Lanterra Developments, the company behind much-praised projects like Ice Condominiums at York Centre, The Brit Residences at Bay and Wellesley and One Bedford, acquired 50 Scollard Street, they knew they had all the ingredients to make something special. The prime Yorkville location, at the corner of Bay and Scollard across from the Peter Clewes-designed Four Seasons Hotel and Residences Toronto, certainly demanded excellence and elegance.
Market Watch | August 2018
Toronto Real Estate Board President Garry Bhaura announced sales and price increases on a year-over-year basis in August. Greater Toronto Area REALTORS® reported 6,839 sales through TREB's MLS® System in August 2018 – an 8.5 per cent increase compared to August 2017.
Amazon Invests in Prefab Startup Focused on Smart Home Tech
Amazon has made its first foray in prefab construction, investing in a company known for sustainable construction and smart home technology.
Today’s announcement of Amazon’s investment in Plant Prefab, a startup based in Rialto, California, comes on the heels of the company’s announcement of a new line of Alexa-enabled smart home devices, suggesting a potential new avenue of smart home development, experimentation, and expansion.
Mood Boards | Trending Bedroom Colors
When it comes to refreshing bedrooms this fall, the latest hues for walls and décor are sunny, moody, and saturated. Pantone’s Color of the Year—Ultra Violet—has been influencing bedroom tones from plummy purple to aubergine, while marigold yellow is bringing whimsy and cheer to even the most traditional of spaces.
Take your cues from these three mood boards when starting down the path of your next bedroom overhaul, and let the trending colors of fall 2018 infuse your home.
Architectural Spotlight | Wright, Johnson, and Warnecke
It goes without saying that architects leave indelible marks on our lives; they are the masterminds behind the homes we live in and the homes we aspire to. From time to time, architects soar above the baseline notoriety of their peers, pushing the envelope, and creating pieces of live-in art that alter the landscape of their industry.