Most Toronto condo owners think an appraisal is just about price. They see it as a number that tells them what their unit is ...

More trouble in condo land.

According to Ms. Lierman, such supersize luxury remains a minute part of the condo market in Toronto and the wider region.

As for the broader Canadian landscape, Mr. Sondhi is predicting a subdued 2026 with a gradual, modest recovery in the laggard cities and a slight cool-down in the hottest markets.

A condominium development that was primed to replace Toronto adult entertainment establishment Filmores has been scrapped.

Toronto is seeing an unprecedented development boom with more than 100,000 units under construction. But some worry that shoddy construction could turn the luxury condo towers of today into the slums ...

Toronto was already simmering before the advent of the pandemic, but the past two years have sent prices soaring amid feverish home buying in the Canadian city. Prices across the greater Toronto area ...

Toronto’s condo market has long been the golden ticket for real estate investors. For years, developers kept building towers and investors lined up to buy units they’d never live in, planning to rent ...

Investors pulled back on the market due to higher interest rates, sliding prices, and a mounting inventory of unsold units.