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Monday , 30 March 2015
  • National condo markets balanced in 2015, except in Alberta: report

    National condo markets balanced in 2015, except in Alberta: report

    The condominium markets in Canada’s main cities for the remainder of 2015 will perform according to the overall economic conditions in those cities. Calgary and Edmonton will experience weak economic growth because of the collapse of global oil prices, and can expect their condo markets to drop off sharply in terms of sales. Toronto and Vancouver, however, will see strong GDP growth and corresponding strength in condo sales. Overall, the outlook for Canada is “balanced,” according to a new report on the market from Genworth Canada and the Conference Board of Canada. There is significant variation in the health of condo markets from region to region, said Conference Board economist Robin Weibe, “but nowhere do we see a bubble about to burst.” The findings in The Winter 2015 Metropolitan Condo Outlook support an overall balanced outlook for 2015, “with the exception of certain oil-exposed regions,” said Stuart Levings, President and ... Read More »
  • Preview newest suites at award-winning Metrogate community from Tridel

    Preview newest suites at award-winning Metrogate community from Tridel

    Tridel is inviting the public to come and take a look at the latest phase of its popular, award-winning master-planned Metrogate community in Scarborough. The brand new, affordably priced Avani 2 will stand next to its sister building Avani 1, now under construction. The two condominium towers will be connected by a two-storey glass-faced podium. When Tridel uses the word “community” to describe Metrogate, they are not speaking in metaphors. The entire Metrogate project was planned to be a neighbourhood in the traditional sense of the word, a place with pedestrian-friendly streets, retail, daycare, access to transit, and a grand central park for children to play and for holding community events. Tridel has taken this neighbourhood concept so seriously that Metrogate is a designated LEED ND (Neighbourhood Development) community, a rare achievement. As for the building itself, Avani 2 will have concierge-attended access and will offer a range of recreational ... Read More »

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