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East York people, places, events & insights

Residents can air views on proposed 30-floor condo Sept. 14

Posted by on Sep 6, 2017

Some residents near the corner of Main St. and Danforth Avenue were taken aback last month when it was announced that developers have applied to build a 30-storey condominium…

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DECA’s 9th Danforth East Arts Fair highlights an explosion of public art in East York

Posted by on Sep 5, 2017

The ninth annual edition of the Danforth East Arts Fair being put on 9 a.m. – 5 p.m. on Sept. 16-17 by the Danforth East Community Association …

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Platform condos starts pre-build sales of Greenwood-Danforth units

Posted by on Sep 5, 2017

With City Council having approved in July the requested Official Plan amendments to allow the Platform Condos project at 1177 Danforth Ave. at Greenwood and Danforth Ave. to be exempt from on-street parking provisions, the way has been cleared for the project to go ahead. The company has now launched a “pre-construction sales” campaign to sell units before shovels hit the ground. The 102-unit 9-storey building will require demolition of the Beer Store now on the...

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PROPERTY PERSPECTIVES 033: How to achieve top dollar quick sales in a buyer-friendly market

Posted by on Sep 4, 2017

If you’re thinking of selling your home, I’m afraid you might think I’m the Devil in authoring from what you’re about to read.  So grab a cool one and brace yourself accordingly. I’m of the opinion that we are headed for a more balanced, buyer-friendly market this fall.  There.  I said it.  You OK?  I’m just trying to be realistic and honest. For years now, Toronto has had a seller’s market in which vicious, quick, multiple-offer bidding wars were commonplace, with properties lasting mere days on the market and final sale prices vastly over asking price. For many sellers, the disappointment with a more buyer-friendly market will be that their neighbour, two, six, or twelve months ago, got more than they might be able to get now.  Ego often gets in the way when we’re trying to sell our...

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The Tastes of East York & area 2017

Posted by on Aug 4, 2017

From fresh produce & meats to special dishes in cozy diners, east end TO has it all!

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EAST YORK ADVOCATE 031: How do rent controls and house speculation impact on East York?

Posted by on Jul 6, 2017

As a former federal Minister of Housing, I have been watching with great interest government efforts to help make housing affordable in East York and elsewhere in the Golden Horseshoe. Although our municipal government has expressed concern, its legal ability to impact the situation is extremely limited.  Any federal government action, such as increasing interest rates, would have to be applied nationwide rather than regionally.  While this might help in Toronto and Vancouver, it would be devastating to other cities, towns, businesses and farmers in Canada.  That means that any government action can only be applied at the provincial level.  In the early 1970s the Ontario government imposed both a foreign buyers’ tax and a land speculation tax.  They were very effective in cooling off housing prices at that time. Recently, the present Ontario provincial government has reacted to...

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