Construction

Will we ever see pre construction projects in the Toronto core for less than $1,500/per square foot (PSF)? It certainly doesn’t seem like it. Assuming the government maintains its aggressive immigration targets and city hall keeps the status quo on its inability to process development applications in a timely manner, there are 3 main catalysts outside of government involvement that will push prices...

“Toronto’s development landscape and pre-construction condo market never experienced large-scale distress, a testament to the well-capitalized nature of Toronto’s real estate industry and the long-term orientation of real estate investors. Today, the acquisition landscape remains fiercely competitive with high pricing, competitive bid processes and strategic land assemblies being the...