A Toronto apartment building full of comparatively cheap rentals could be torn down to make way for a 45-storey condo tower. Developer Forest Gate Group has tabled a plan with the City to redevelop an ...

The average Toronto condo will run you a pretty penny — costing $736,566 as of the third quarter of 2023 — but that sticker price is far from the only factor you'll want to consider for what may be ...

Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. In many major cities like ...

Toronto’s glut of condos is being fuelled by sagging sales and people walking away from their purchases, according to Ron Butler, principal broker at Butler Mortgage. “We’re at one year’s inventory — ...

With new condo sales plummeting in Toronto and unsold inventory reaching unprecedented levels, one would expect significant price drops as developers seek to attract buyers. However, new data from the ...

Condominium developers in the Toronto-area have seen an explosion in the number of unsold units in recently completed buildings, driven largely by people who are defaulting on purchase contracts.