Market Insights

From Urban Toronto – Park Property Management proposed three rental towers of 39, 44 and 49 storeys at 2 and 4 Milepost Place. The project would contain 1,300 purpose-built rental units, including replacement housing for existing tenants, approximately 250 metres from the future Thorncliffe Park Ontario Line station.

From RENX.ca – Markets can change on a dime and even more so over the course of six or 12 months. Around this time last year, there was worldwide concerns about the economy but the real estate market has remained solid and even turned for the positive in some cases.

From Storeys.com – KingSett acquired the 1.34-acre Labatt Village development site at 7 Labatt Avenue and 77 River Street following receivership proceedings. TAS had contemplated a two-tower mixed-use development with as many as 1,240 condominium units, office space and retail space.

From Urban Toronto – Fourteen planning approvals adopted or advanced by Toronto City Council in June, 2026 span major waterfront redevelopments, purpose-built rental housing, condominium towers, and neighbourhood intensification projects across the city. The zoning and Official Plan approvals account for 8,665 residential units, including 584 affordable rental homes.

From Ontario Newsroom – The Ontario government is investing up to $178 million through the Building Ontario Fund (BOF) to support the construction of approximately 1,700 new rental homes, including a target of 340 affordable units with below-market rents, in Scarborough. Located on underused land near the Scarborough GO Station, the project will form part of the new Scarborough Junction, a transit-connected community expected to include 7,700 homes along with parks, public spaces and community amenities, including convenient access to the adjacent GO transit network.

From RENX.ca – There was a heavy emphasis on multiresidential projects when five experts weighed in on whether land buyers and sellers in Canada are starting to better align and where they see things moving forward during the first panel discussion at the May 27 Land & Development conference.