Remember those famous, tall, smokey coal stacks on that amazing lakefront property in south Mississauga? Check out the developers rendition of the Lakeview Village Development and you will quickly forget it.

 

If you don't live in Port Credit or South Mississauga/Lakeview, you may not have heard about the BIG upcoming changes to the waterfront land in that area. The City of Mississauga is in the midst of the approval process of a complete re-development of the the waterfront.  "Lakeview Village" is what the future community will be named and will see a complete overhaul of the area east of Port Credit & Lakeshore Rd.  The proposed development will be situated on on the 177 acre parcel of land formerly home to the "4 sisters" coal stacks at…

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Late last year, Toronto City Council adopted the Official Plan and Zoning By-law amendments permitting laneway suites in specific neighbourhoods within the City. Laneway Homes have been gaining popularity in cities like Vancouver for a number of years and began as an effort to help with the urban density and affordability issues the city was experiencing. Toronto has been facing some of these same challenges and this decision has cleared the way to allow Laneway Housing to become an option with a lot less red tape than before. Its no secret that densification, lack of sufficient rental property (outside of condominiums) combined an abundance of under-utilized space within certain neighbourhoods have created the need to find creative and sustainable…

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March in Ottawa was nothing short of tumultuous (confusing...loud...& noisy). Making the water in Ottawa a little more murky, enter the 2019 Federal Budget, just ahead of the federal election in October. The Liberal government released a $22.8 billion dollar budget touching on a number of themes like pharmacare, job skills training, seniors, indigenous programs, electric vehicles to name a few. Perhaps the most intriguing was $1.25 billion dollars in stimulus for First Time Homebuyers in Canada. This is an enticing pitch to new homebuyers that would see the Canada Mortgage Housing Corporation (CMHC) contribute up to 10% of the purchase price in what the government is calling a "shared equity mortgage". The purpose would be to help lower buyers monthly…

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 "Rome wasn't built in a day"

And neither will the new Etobicoke Civic Centre. In preparation for this undertaking Etobicoke has spent the better part of 10 years tackling what to do with the "spaghetti junction" intersection of Bloor, Dundas & Kipling in Etobicoke. Since the 1960's this loopy intersection has been been..well...loopy. Imagine taking your favourite marker, closing your eyes and drawing figure 8's on a blank page. When you open them and look at the page you might get a sense of  what the current 6 points interchange looks like. But not for long! the 10 year consultation project has ended and one of Toronto's biggest undertakings is well under way. As the city begins bridge removal on the Bloor overpass just above Kipling, commuters…

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 What to watch for in 2019!

  • Rising interest rates will be a key factor affecting housing affordability in 2019
  • Thirty-six per cent of Canadians are considering a home purchase in the next five years, down from 48 per cent at the same time last year
  • Sixty-five per cent of Canadians said they do not want to live near a retail cannabis store

Modest price increases are expected in 2019, as the RE/MAX 2019 Housing Market Outlook estimates the average sales price to increase by 1.7 per cent. Housing markets across the country have stabilized in 2018, after the unprecedented increases in average sales price that many markets experienced in 2017. It is anticipated that the market will continue to stabilize, as Canadians will start to feel…

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