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5 Noteworthy New Store Openings in Toronto

After eight years as an exclusively direct-to-consumer retailer, Canadian online mattress brand Endy has stepped into brick-and-mortar. Opened Nov. 9, at Sherway Gardens in Etobicoke, Endy’s first physical storefront joins ‘sleep shops’ Casper and Sleep Country, which entered the mall…

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October 2023 Real Estate Market Update

Lack of affordability and uncertainty remained issues for many would-be homebuyers in October, resulting in a dip in sales compared to last year. However, prices remained higher, up 3.5% or $36,500, putting the average Greater Toronto Area home value at…

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September 2023 Real Estate Market Update

Home prices maintained their resilience in September, with most property segments showing positive year-over-year trends. But a shift has emerged in the housing market: the resurgence of properties for sale. In September, inventory reached 18,912 active listings, the highest level…

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Hike to Vacant Home Tax Bad News for Investors

Toronto city council has voted in favour of increasing the vacant home tax from 1% to 3%. Additional revenue generated from the change will go the Multi-Unit Residential Acquisition program, which supports the purchase of market rental buildings in danger…

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Toronto’s Short-Term Rental Bylaw Under Review

The City of Toronto is evaluating its short-term rental bylaw to identify areas of improvement. Specifically, the City is considering strengthening the primary residence requirement, streamlining the operator registration revocation process, introducing additional measures to curtail rental activity by unregistered…

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