Toronto Commercial Real Estate News
Stay up-to-date with the latest Toronto commercial real estate industry news.
Fairmont Royal York Hotel in Toronto Gets $46.5 Million Retrofit
The Fairmont Royal York Hotel is a 94-year-old Toronto landmark, and it is getting a $46.5 million retrofit to reduce its carbon emissions, with its goal to be a net-zero, carbon-neutral building. Discover more.
Commercial Property Spotlight: Crosstown
A new master-planned community is in the works for North York, ON. Located at 844 Don Mills Rd., North York, will be the new 60-acre mixed-use redevelopment project named Crosstown. Crosstown is an ambitious project set to include residential and commercial, parkland, pedestrian walkways, and a recreation centre. Discover more.
Leveraging Vendor Takeback Mortgages in Commercial Real Estate
High-interest rates make buyers weary of commercial real estate (CRE) investments. A vendor takeback mortgage (VTB) is an effective tool to facilitate the sale of real estate by bridging the pricing gap. Learn more about how does it work.
Toronto’s Yorkdale Shopping Center Undergoing $28 Million Luxury Expansion
Oxford Properties Group (“Oxford”), the leading global real estate investor, asset manager and developer, and the landlord for the Yorkdale Shopping Centre, announced August 14th, 2023, a $28 million redevelopment to Yorkdale Shopping Centre. Discover more.
Commercial Property Spotlight: RioCan Hall
RioCan Hall, located at the intersection of John Street and Richmond Street West in Toronto, will soon transform into a place Canadians can shop, live and work. Discover more.
An Introduction to Landlord Representation In Commercial Real Estate
Landlord representation in commercial real estate (CRE) is a specialized field that centers on representing property owners to optimize the value of their real estate investments. These professionals, commonly known as leasing agents or property managers, play a pivotal role in ensuring commercial properties consistently generate income and retain their market attractiveness.
A Complete Guide to Tenant Representation in CRE
Landlord representation in commercial real estate (CRE) is a specialized field that centers on representing property owners to optimize the value of their real estate investments.
Commercial Property Spotlight: Humber Cultural Hub
Humber College’s Lakeshore Campus is getting an additional building designed to unite faculties and students in a shared creative space. Learn more about the Humber Cultural Hub.
What is a Turn-Key Agreement?
A Turn-Key Agreement is a comprehensive contract between a buyer and a seller in which the seller takes on full responsibility for the design, construction, installation, and commissioning of a project.
Commercial Real Estate Property Staging
Did you know that staging can help sell or lease your commercial property 95% faster than non-staged properties? It also helps to showcase the key selling features of the property. Discover what you can do.
Commercial Property Spotlight: Pickering City Centre
A new multi-tower mixed-use community is in the works at 1355 A Kingston Road, Pickering, set to be the location of the Pickering City Centre Condos by CentreCourt. Discover more.
7 Things to Look for When Touring a Commercial Office Space
Before signing the lease on a new commercial office space, it is essential to conduct a thorough tour of the space. Seven guidelines that can help ensure that you and your client cover all of your bases.
What is a Tenant Improvement Allowance?
Tenant Improvement Allowance (TIA) serves as a financial provision offered by landlords to facilitate renovations within a leased space, encompassing expenses related to interior enhancements, installations, and modifications tailored to the tenant's operational requirements.
Commercial Property Spotlight: KESKUS International Estonian Centre
Canada, specifically Toronto, are known for its cultural diversity. The KESKUS International Estonian Centre, a new cultural centre located at 9 Madison Avenue in downtown Toronto, aims to connect Estonians worldwide by showcasing their heritage and innovation. Discover more.
How Long Does the Commercial Real Estate Transaction Process Take?
Engaging in a commercial real estate transaction involves navigating through a complex series of stages and intricate details.
3 Ways to Excel as a Commercial Real Estate Agent
As a commercial real estate agent, standing out in a competitive market requires more than knowledge and experience. Clients are drawn to agents who demonstrate passion, professionalism, and a personal touch. Consider the three strategies below to excel as a commercial real estate agent and leave a lasting impression on your clients.
5 Tips for Commercial Real Estate Photography
Whether you’re looking to sell, lease, rent or just update the current photos of your commercial property, we have some helpfully tips for you to keep in mind the next time you’re wanted to get some new photos taken of your property, discover more.
Commercial Property Spotlight: 77 Niagara
At 5602 Robinson Street, Niagara Falls, Ontario, you will find the future site of the 77 Niagara mixed-use condominium building. Residents will get to experience modern condo living and state-of-the-art amenities. Discover more.
7 Steps to Mastering the CRE Financing Approval Process
Seeking a commercial real estate loan can be a significant undertaking, with the success of your purchase hinging on the bank's approval. To enhance your prospects, it is essential to approach the process strategically.