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Sweet Sweet Sunshine!
We couldn’t be more excited to feel the warm breezes blowing through Toronto today! As Spring eventually rolls into into Summer, be assured that we’ll be monitoring and reporting on everything related to Toronto Real Estate, while continuing to discuss and debate the many facets of house & home! Bookmark the Urbaneer Blog, and we’ll keep you informed!
Here is what you’ll find inside our May 2022 E-Newsletter:
May’s instalment of our Dear Urbaneer series is entitled, ‘Dear Urbaneer: Does Canada Have A History Of Building Affordable Economical Housing?’ In it, Steve responds to an urbanite who is feeling discouraged by Toronto housing prices, and how slowly the government is moving on any sort of affordable housing action plan. They write: “There is so much talk lately about how Toronto housing prices have become unaffordable. Even with the pullback the market is currently experiencing, it seems like housing prices continue to be way out of line with average incomes, and clearly, we need greater attention to the creation of affordable housing. And it got me thinking – what affordable housing options were available to house hunters in years gone by? What did they look like? And do we even build anything similar for buyers today?”. Read on for the answer!
Steve and the Urbaneer Team post weekly blogs that share our love of all things real estate and that celebrate Toronto! Here are three of our most well-read posts this past month:
The most read post for April was: ‘The Best Place For Culture Enthusiasts To Live In Downtown Toronto‘. There is good reason why Toronto’s Downtown Core is titled such; it truly is the nexus where you can so easily immerse yourself in all that this city has to offer: culture, food, art, academia… the list goes on! That’s why locations like 18 Beverly are so coveted; you can set out walking in any direction and within 5 minutes find a plethora of amenities, entertainments, and services to fulfill your every wish! Location, location, location! Read on!
Another popular piece was ‘10 Precedent-Setting Sales In Toronto’s Oakwood Village Neighbourhood This Past Year’. Today, there is no neighbourhood in Toronto that is not being redeveloped. Once upon a time you could get a pretty significant discount for a depreciated property that was in proximity to urban blight (like industrial sites and sewage treatment plants), but this is no longer the case. Our urban fabric is changing, and, as we’re witnessing, the more a location sees newly rebuilt and renovated swish houses come to market (over $2mil+ price range), the more it reassures other Builders and Buyers to follow suit. Take a peek at these beautiful redeveloped homes!
Thirdly, we had a great response to our blog about the Provincial election in two days: ‘The Housing Crisis In Ontario & The Upcoming Provincial Election‘. Statistics Canada’s most recent stats show inflation up a staggering 6.8 percent in April. While this number is huge (and far beyond the general 2 percent target) anyone who has filled a gas tank, bought groceries or renewed their mortgage can tell you, every item is a lot more expensive. The cost of everyday necessities is really impacting household budgets! Obviously, this is not sustainable, so the onus will be on governing parties at all levels to ease the cost of living. And, in particular, given the housing crisis continues, this election is critical because of the important role Ontario will play in regard to budget setting and policy creation to support more affordable housing.
Finally, we infuse our blog with some culture with a number of pieces about the history, art, and amenties of one of Toronto’s long time ethnic neighbourhood hubs. We call it ‘Lots Of Love For Little Jamaica‘! Toronto has a lot of vibrant cultural communities woven into its urban fabric, including Little Jamaica – which has its Business Improvement Area running along Eglinton Avenue West from Allen Road west to Keele Street. Having felt significant economical hardship due to the construction of the Crosstown LRT, we hope Little Jamaica’s designation as one of the City’s first ‘Cultural Districts’ ensures that its historical legacy is celebrated and its cultural identity is preserved.
And – for lovers of unique urban spaces – don’t miss our sensational Toronto real estate listed for sale or lease on our site for your consideration!
Browse the May 2022 E-Newsletter!
We LOVE Toronto real estate!
Steven & The Urbaneer Team
Bosley Real Estate Ltd., Brokerage • (416) 322-8000
http://www.urbaneer.com • info@urbaneer.com
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*Love Canadian Housing? Check out Steve’s Student Mentorship site called Houseporn.ca which focuses on architecture, landscape, design, product and real estate in Canada!