News

Jul 12, 2016

TORONTO — The Toronto Real Estate Board is appealing a landmark ruling by the Competition Tribunal that would allow its realtor members to post sales data online, arguing that the decision violates the privacy of homebuyers and sellers.
 

more articles about
Jul 12, 2016

London-area housing starts shot up 41 per cent in the first six months of 2016, thanks mainly to a couple of big apartment projects.
 

June was another big month for local housing construction. Canada Mortgage and Housing Corp. (CMHC) recorded 513 starts in London-St. Thomas last month, compared with 182 in June 2015.
 

more articles about
Jul 07, 2016

A 142-unit condominium development may be built on the site of the former home of Nancy and Bill Poole, a neighbourhood group has heard.
 

And they don’t like the sound of that, at all.
 

“Everyone in the neighbourhood is opposing this, we are all against it,” said Shauna Roch, a member of the Stoneybrook Heights/Uplands Community Association.
 

“We would like to see development on the site, but we want it in keeping with the neighbourhood.”
 

more articles about
Jul 06, 2016

George Anastasiadis is in ­demand.
 

Since his new downtown residential highrise has been approved by the city, his phone is ringing off the hook.
 

City developers have been calling to buy the site, Toronto builders want in and still others say they will partner with him to make the 32-storey, 182 unit project at 455 Clarence St., a reality.
 

He’s feeling a little overwhelmed.
 

more articles about
Jul 05, 2016

Stacey Evoy just came back from eight days in Jamaica. Some vacation. The London real estate agent sold three homes on her laptop while she was there.
 

It’s symptomatic of the sizzling London area real estate market. The London St. Thomas Association of Realtors reported Monday 1,133 homes were sold in June, a record for the month and the third best month ever. Another monthly record was set in April.

 

more articles about
Jul 05, 2016

KITCHENER — As a long-planned condo development on the site of the old Barra Castle nears approval, the developer and city planner on the project met with residents in an informal front-yard meeting that included live music, iced tea, snacks and a handful of neighbourhood dogs.
 

more articles about
Jul 04, 2016

WATERLOO — In a unanimous vote, Waterloo council rejected a developer's plans for condos on King Street North due to concerns about size and the project's fit with the neighbourhood.
 

NKL Properties wanted to build a 26-storey condo project at 151-161 King St. N., adjacent to MacGregor Public School.
 

more articles about
Jul 04, 2016

WATERLOO — Waterloo council scored $230,000 from a developer toward the Waterloo Park Festival Area in exchange for additional density in a condo project, despite questions about fairness.
 

more articles about
Jun 30, 2016

WATERLOO — A developer's plans for a delayed project on Caroline Street had some Waterloo politicians shaking their heads over requests for increased height and density.
 

Van Mar Constructors bought the undeveloped 155 Caroline Street South project from Mady Development Corporation after the company's 144 Park St. project went into receivership.
 

more articles about
Jun 13, 2016

London is losing new home building and the cash it provides the city, to neighbouring communities, say home builders and developers.

A scarcity of building lots here is pushing construction out of town and if the city agrees to delay 15 developments, some for as long as 10 years, it will worsen an already critical problem and cost the city money.

“A shortage of lots is a major concern for home builders,” Jim Kennedy, president of the London Development Institute, said Friday.

more articles about