Real Estate

Toronto Housing Market: New Opportunities Amid Recent Shifts

Toronto’s real estate landscape has shifted dramatically: inflation-adjusted home prices in Toronto and Vancouver have dropped about 10%—the sharpest decline among 23 global cities. Even though prices are now below their previous peaks, the cost of owning a home remains high, and national prices have hit their lowest since 2023, all while housing supply stays limited. As someone who combines a...

Office-to-Residential Conversions Continue to Shape Canadian Cities

We’re seeing a major shift across Canada as over 10 million sq ft of office space transforms into approximately 17,000 new residential units—fueling urban revitalization in our cities. Each city is taking its own approach: prime office spaces remain in high demand, while older office buildings are being reimagined for much-needed housing. As someone who combines a CPA’s financial lens with deep...

23 Wharnsby Toronto (Rouge), Ontario M1X1Y9

A little more light, a little more flexibility, and a place to make your own in Scarborough's Morningside Heights. This inviting 2-bedroom plus den, 1-bath basement apartment at 23 Wharnsby Drive brings together a private separate entrance, natural light, practical features, and a well-connected Toronto location. Above-grade and egress windows help brighten the lower level, while easy-care vinyl...

Toronto Listings Fall Faster Than Sales | Sivage Sivagumaran, CPA | https://sivagerealty.ca | How to Find the Best Real Estate Agent in Toronto for Your Needs?

Recent GTA numbers tell a revealing story: in late Q3, we saw 5,040 home sales—a year-over-year dip of about 9%—but new listings fell even more sharply, down 14% to 16,500. This shift tightened the sales-to-new-listings ratio slightly to around 31%, but it’s important to note this came from fewer properties hitting the market, not a surge in demand. Average...

Toronto Falls Into Moderate Bubble Risk | Sivage Sivagumaran, CPA | https://sivagerealty.ca | How to Find the Best Real Estate Agent in Toronto for Your Needs?

Toronto has officially landed in the 'moderate bubble risk' category, according to a leading global wealth manager. Over the past year, Toronto home prices have dropped by approximately 11%—the steepest annual decline among 23 major cities surveyed. From 2014 to 2022, our city led the pack, with real prices doubling amid strong immigration, investor...

Psychedelics

Toronto has a thought-provoking new cultural experience to add to the calendar. Opening June 6, 2026, Psychedelics at the Royal Ontario Museum examines the cultural, historical and scientific significance of psychedelics through artworks, objects, botanical specimens and interactive experiences. Rather than focusing on headlines, the exhibition takes a research-driven approach. Visitors can explore how...

Richmond Hill – Most Affordable Homes of September 2026 | Sivage Sivagumaran, CPA | https://sivagerealty.ca | How to Find the Best Real Estate Agent in Toronto for Your Needs?

Curious about Richmond Hill’s most affordable homes for September 2026? Here’s a snapshot of current listings, with prices starting as low as $356,000. Whether you’re a first-time buyer, investor, or looking for a smart move within the GTA, understanding the landscape of entry-level opportunities is key to making a financially sound decision. As someone who...

Toronto board of trade urges Ontario to amend zoning and building code rules to spur housing growth

Ontario's ambitious plan to build 1.5 million new homes by 2031 could fall short by more than 550,000—largely because current zoning and building code regulations haven’t kept pace with our region’s growth. As someone who’s spent decades navigating Toronto’s real estate landscape, I see firsthand how outdated rules add unnecessary costs and delays, making it tougher for families,...

Industry Updates: Single-Family Sales Rise, Resale Supply Tightens, Cultural Programming Expands

Keeping you informed on the latest shifts in Greater Toronto Area real estate: single-family home sales have increased, thanks in part to the expanded HST rebate. Meanwhile, condo sales remain soft, and we’re seeing a tighter supply in the resale market—which could mean upward pressure on prices. Housing starts dipped slightly, while Toronto is piloting AI technology to streamline building permits....

Small-Scale Infill Is (Finally) Showing Up In Toronto’s Housing Data

Toronto’s housing landscape is evolving, and the numbers are starting to tell the story. Small-scale infill developments—think accessory dwelling units and multiplexes—now account for about 10% of all housing starts across Canada. This shift has been fueled by zoning reforms, as cities like Toronto adapt to changing needs and offset the drop in single-detached home construction. For those...

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