Commercial Toronto Real Estate News
Stay Up-to-Date With the Latest Toronto Real Estate Industry News
What Is the Importance of Real Estate Comps in Real Estate Investing?
Whenever a commercial real estate property comes on the market, it is accompanied by the invaluable resource of real estate comparables (comps). As a dedicated real estate professional, these comps are not just a bonus but a fundamental aspect of the property purchasing process. Explore the advantages of integrating the real estate comps into the strategy.
The Importance of Having a Contingency and Capital Reserve Fund in CRE
When developing a financial strategy in commercial real estate, two critical components should be addressed: the contingency fund and the capital reserve fund. Both play a pivotal role in maintaining the stability and security of businesses and organizations. Learn more.
Retail Officially Opens At The Well
The Well, a true mixed-use community located in Toronto’s King West district, spans over 7.7 acres with 320,000 square feet of retail space…
Commercial Property Spotlight: Quayside
A new 12-acre mixed-use community project is underway along Toronto’s waterfront. Quayside is a condominium development by Dream Unlimited Corp and Great Gulf. Discover more.
Essential Elements to Include When Preparing a Commercial Real Estate Contract
Crafting a commercial real estate contract is a process that holds significant weight in property transactions. A well-structured contract serves as the cornerstone for a successful real estate deal, safeguarding the interests of all parties involved. Here is the key elements you should include in the commercial real estate contract.
An Escrow Agreement in Commercial Real Estate
An escrow agreement is a legally binding document that outlines the responsibilities and obligations of all parties involved in a commercial real estate transaction. It can prove highly advantageous for both sellers and buyers. Learn more about escrow agreement.
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.