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CPKC Holiday Train 2025 — Schedule, Impact, and Why It Matters for Toronto & Beyond

What’s happening in 2025
The CPKC Holiday Train returns November 19–December 21, 2025, sending two illuminated trains to 196 communities across Canada and the U.S. The Canadian leg launches in Montréal and ends in Gleichen, Alberta; the U.S. leg runs Hermon, Maine to Kenmare, North Dakota. Each stop features a short, free concert from the side of a railcar, with the audience encouraged to donate to the local food bank. CPKCR+2Trains+2

Toronto & GTA context
Toronto typically draws strong turnout, with prior years seeing evening crowds and west-end yard appearances. Exact 2025 stop details and times are set on the official CPKC schedule PDFs and can shift due to operations, so residents should verify the latest times before heading out. gis.cpkcr.com

The model: free shows, local impact
Holiday Train shows are free, but the program asks for food or monetary donations for local food banks. Over 26 years, the train has raised $26M+ and collected 5.4M+ pounds of food—numbers that place it among the country’s most visible seasonal corporate-community partnerships. Progressive Railroading

Why it matters

  1. Awareness & timing: Food banks see heightened need in Q4; a marquee event in late November/December drives both donations and media visibility. 2) Local multipliers: Dollars collected stay with the local food bank partners, which can stretch cash farther than retail shoppers due to wholesale procurement. 3) Place-making: Bringing music to rail sidings creates family-friendly “micro-festivals” that activate under-used public-industrial spaces for a night. CPKCR

Operations & reliability
Trains are sensitive to weather and network conditions. CPKC publishes real-time updates and encourages checking channels the day of a show. That’s especially relevant in the GTA where yard access, safety perimeters, and strong turnout can affect crowd control and parking. CPKCR

Performers & programming
Lineups rotate by region and date; 2025 performers include American Authors among others, with CPKC’s site and rail media listing artists by stop. Families can expect 25–30 minute sets with seasonal songs and originals, plus on-car lighting displays. Trains

Best practices for attendees

  • Check the official schedule PDF for exact time and location; arrive early.

  • Bring a donation—non-perishables or cash for the partner food bank.

  • Dress for weather and plan your transit; parking near yards is limited. gis.cpkcr.com+1

Long-term implications
The Holiday Train’s durability suggests a template for corporate citizenship: consistent annual cadence, hyper-local partners, and tangible outcomes. For Toronto, the program functions as a seasonal civic ritual alongside the Santa Claus Parade and neighborhood light festivals, broadening the city’s holiday calendar with an all-ages, donation-first event that requires no ticket and little planning beyond warm clothing and a can of soup. Wikipedia

Key links

Sources & references

  • Official overview & lineup — CPKC Holiday Train page (tour dates, purpose, how donations work). CPKCR

  • Official media release — 2025 schedule and artists announced Oct 9, 2025. CPKCR

  • Trade/rail coverageTrains.com report on 196 locations and performers. Trains

  • Impact totals since 1999 — CPKC stats and Progressive Railroading round-up. Progressive Railroading

  • FAQs & live updates — CPKC Holiday Train FAQs and social channels. CPKCR

  • Route PDFs — Canada and U.S. 2025 schedule maps. gis.cpkcr.com+1

  • Context for Toronto seasonal events — Toronto Santa Claus Parade overview. Wikipedia



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Get more market insights here.


·        Renting vs. Owning: How $2,500/Month Could Cost You $190,000

·        GTA Housing Market Update – August 2025

·        Ontario’s Housing Crunch: What’s Really Going On

·        Canada’s Economy Stumbles in August: 66,000 Jobs Lost, Unemployment Soars to 7.1%

·        Durham Region Real Estate Market Report – July 2025

·        Hamilton Real Estate Market Update – July 2025

·        GTA Real Estate Market Report – July 2025

·        Woodbridge Square Redevelopment: Vaughan’s New Urban Vision

·        Unlock the Full Potential of 977 O’Connor Drive: A Prime Restaurant Opportunity

·        Greater Toronto Area (GTA) Housing Market Update – May 2025

·        GTA Condominium Market Analysis – April 2025

·        Ontario Eliminates Tolls on Highways 412 and 418, Extends Gas Tax Relief

·        Stay ahead of the curve! Get the latest real estate news and insights right here.




Read

Canada’s Economy Rebounds in July: Signs of Resilience Despite U.S. Tariffs

Date: September 2025
By: Sami Chowdhury | TorontoBase.com


Overview

After three consecutive months of economic decline, Canada’s GDP grew by 0.2% in July 2025, according to preliminary data from Statistics Canada. The modest rebound signals renewed momentum across key sectors—despite global pressures and the ongoing impact of U.S. tariffs on Canadian goods.


Sector-by-Sector Highlights

Growth in July was driven by improvements in: - Manufacturing: A notable bounce-back as supply chains stabilized. - Utilities: Increased demand supported stronger output. - Accommodation & Food Services: A summer boost in travel and local tourism lifted activity.

However, some sectors continued to show signs of strain: - Real Estate & Construction: Remained soft amid high borrowing costs. - Wholesale Trade & Transportation: Struggled with trade uncertainty and weaker demand.


U.S. Tariffs: A Persistent Drag

Even with the July growth, Canadian exporters face significant challenges. U.S. tariffs on steel, aluminum, and automotive components continue to raise costs and disrupt trade flows—particularly in central Canada. Despite these headwinds, Canadian businesses are showing flexibility and strength.


What This Means for Consumers

The GDP rebound suggests the Canadian economy still has fuel in the tank. While growth is modest, it reduces the immediate risk of a recession. Combined with August’s weak job numbers, the Bank of Canada now faces a delicate decision: hold rates or begin easing to support momentum.

For everyday Canadians, this could mean: - Continued high interest rates—for now - Slightly improved confidence in employment and earnings - A chance for mortgage and lending rates to stabilize in coming months


Why Local Support Matters

July’s growth proves one thing: Canadians are resilient. Buying Canadian-made products and supporting local businesses is more than patriotic—it’s a practical way to build economic strength from the ground up.


Final Thoughts

This modest rebound doesn’t mean the economy is out of the woods. But it’s a step in the right direction. If upcoming inflation and job data align, the Bank of Canada may soon move toward rate cuts—giving consumers and businesses some relief.

Until then, the message is clear: stay steady, support local, and buy Canadian.

 




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Let’s make your next move a smart one!


Get more market insights here.


·        Renting vs. Owning: How $2,500/Month Could Cost You $190,000

·        GTA Housing Market Update – August 2025

·        Ontario’s Housing Crunch: What’s Really Going On

·        Canada’s Economy Stumbles in August: 66,000 Jobs Lost, Unemployment Soars to 7.1%

·        Durham Region Real Estate Market Report – July 2025

·        Hamilton Real Estate Market Update – July 2025

·        GTA Real Estate Market Report – July 2025

·        Woodbridge Square Redevelopment: Vaughan’s New Urban Vision

·        Unlock the Full Potential of 977 O’Connor Drive: A Prime Restaurant Opportunity

·        Greater Toronto Area (GTA) Housing Market Update – May 2025

·        GTA Condominium Market Analysis – April 2025

·        Ontario Eliminates Tolls on Highways 412 and 418, Extends Gas Tax Relief

·        Stay ahead of the curve! Get the latest real estate news and insights right here.



 

 

 

Read

RECO Freezes iPro Realty Founders’ Assets: What Ontario Buyers, Sellers & Agents Must Know

Introduction

In a bold regulatory move, the Real Estate Council of Ontario (RECO) has secured court orders to freeze the assets of the former principals of iPro Realty Ltd. The decision follows complex allegations around missing or misused trust funds, diversion of deposits, and intercompany transfers.

As the legal drama unfolds, it’s critical for buyers, sellers, and real estate professionals across Ontario to understand what this means—both for immediate transactions and for broader industry trust.


Background: The Collapse of iPro Realty

  • On August 19, 2025, iPro Realty shuttered its 17 offices, affecting approximately 2,400 agents. (REM)

  • At the time, RECO revealed a shortfall of $10.5 million from the brokerage’s trust accounts. (REM)

  • But further forensic investigations suggest a far larger and more intricate diversion of funds, reportedly nearing $30 million. (REM)

  • The newly uncovered evidence presents a web of transactions where funds that should have been held in trust were commingled, routed to general accounts, or transferred to affiliated entities. (REM)


What Court Orders Were Granted

1. Mareva Injunction (Asset Freeze)

Justice William Black of the Ontario Superior Court granted a Mareva injunction that bars the respondents from disposing, transferring, or hiding assets until the litigation is resolved. (REM)

2. Norwich Relief / Document Production

A Norwich order compels banks and financial institutions to hand over records of accounts and assets held in the names of the respondents. This is central to tracing where trust funds went. (REM)

3. Carve-Outs for Living & Legal Expenses

The court allowed the ex-principals to apply for a limited carve-out authorizing use of certain funds for ordinary living expenses and legal representation. This ensures the freeze isn’t absolute. (REM)

4. Named Respondents & Entities

The litigation doesn’t just name founders Fedele Colucci and Rui Alves, but also several associated companies they direct or control, such as:

  • IP Holding Realty Ltd.

  • Hippo Holdings Corporation

  • Sutton Group Professional Real Estate Services Inc.

  • Alco Motors Ltd.

  • Alco Rent-A-Car Ltd. (REM)

These entities are alleged to have “knowingly assisted” in the diversion of funds or to have received monies impressed with a trust. (REM)


Forensic Findings & Alleged Money Flow

RECO’s evidentiary filings uncover a pattern of systematic misuse:

  • $14.3 million was transferred electronically from trust to general accounts. (REM)

  • $10.1 million was moved by cheques. (REM)

  • Around $2.63 million in cheques originally intended for trust accounts were deposited into incorrect destinations. (REM)

  • iPro Inc. transferred $3.4 million from trust to general accounts, with additional internal transfers between affiliated entities. (REM)

  • Payments directly benefiting the principals and their families were traced:
      • Colucci: ~$172,864 (via iPro general account) + further sums via other entities (REM)
      • Alves: ~$108,145 from iPro general accounts (REM)
      • Spouses and related parties also received funds (e.g., Alves’ spouse’s corporation) (REM)

RECO characterizes the scheme as a serious breach of fiduciary, statutory, and ethical duties, causing harm not only to individual clients and registrants but to the integrity of Ontario’s real estate system. (REM)


Impacts & Risks

For Consumers & Agents

  • Clients may struggle to recover deposits or retain trust protections if funds were never properly held in trust.

  • Agents tied to iPro risk missing commissions, liability claims, or reputational damage.

  • Closing deals may face legal or financial obstacles if trust fund shortfalls disrupt transactional flows.

For the Founders & Associated Entities

  • The freeze curtails efforts to move or hide assets, though defenses will likely raise motions challenging the orders.

  • Legal defense costs could be steep; the permitted carve-outs will be closely monitored.

  • Entities named in the lawsuit face potential liability for complicity, receiving improper transfers, or aiding breaches of trust.

For the Real Estate Sector & Regulators

  • This case may set a precedent for aggressive regulatory action in trust fund mismanagement cases.

  • Brokerages may face enhanced audits, tighter compliance standards, or stricter reporting rules.

  • Public trust in multi-office brokerages could erode, affecting overall business confidence.


What Happens Next

  1. Asset Tracing & Disclosure
    The Norwich orders will push banks to disclose account details, enabling RECO and its forensic team to trace diverted funds.

  2. Defendants’ Motion Responses
    Colucci, Alves and their counsel will likely file motions to contest or reduce the scope of the orders, especially around permissible expenses.

  3. Judicial Rulings on Liability
    Eventually, the court must adjudicate whether the defendants are liable and how much restitution or recovery is owed.

  4. Potential Criminal or Regulatory Referrals
    While this matter is currently a civil/regulatory action, the severity of the allegations may invite criminal investigations or referrals to law enforcement.


Key Takeaways & Advice

  • Trust funds must remain beyond reproach. Misuse, commingling, or diversion is a red line that regulators and courts will aggressively pursue.

  • Brokerages must invest in tight internal controls and transparency. Segregation of trust vs operating accounts, regular audits, and clear accounting trails are nonnegotiable.

  • Clients and agents should demand disclosure. Always verify how deposits are held and how a brokerage maintains trust compliance.

  • Regulatory scrutiny is intensifying. Real estate professionals should anticipate new rules, audits, or compliance obligations ahead.


Call to Action

Are you buying, selling, or investing in Ontario real estate? Now is the time to ensure full protection of your deposits and transactions.

Reach out to Sami Chowdhury, Broker – RE/MAX Realtron Realty Inc.
📞 647-725-0606 | ✉️ samichy@torontobase.com
🌐 TorontoBased.com | TorontoBase.ca

Let’s make sure your real estate dealings are safeguarded by transparency, trust, and accountability.


Source & References

  • “RECO lands court order to freeze iPro founders’ assets,” Real Estate Magazine (REM)

  • “This is where the iPro trust money went, according to RECO evidence,” Real Estate Magazine (REM)


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Read more about the market developments And MY Blogs.

GTA Housing Market Update – August 2025

Canada’s Economy Stumbles in August: 66,000 Jobs Lost, Unemployment Soars to 7.1%

Greater Toronto Area (GTA) Housing Market Update – May 2025

Stay ahead of the curve! Get the latest real estate news and insights right here.

Greater Toronto Area (GTA) Real Estate Market Update – April 2025

Toronto Real Estate Market Update – March 2025

Peel Region Real Estate Market Blog – March 2025

Renting vs. Owning: How $2,500/Month Could Cost You $190,000

Metro Vancouver Condo Inventory Could Rise 60 by Year End Report 

 

Read

Ontario’s Housing Crunch: What’s Really Going On (2025 Analysis)

Introduction

In Ontario, 2025 is shaping up to be a tough year for housing. For a province that set out to build 1.5 million homes by 2031, the current pace of construction is nowhere near what’s needed. Homebuilding is falling behind across almost all metrics—housing starts are down, targets are being missed, many would-be buyers are priced out, and developer and municipal challenges are being exposed.

This post digs into the data, what’s causing the slowdown, how Ontario compares with other provinces and what policy options might help turn things around.


What the Data Tells Us: How Bad is the Shortfall?

From several sources:

  • Ontario has achieved only about 26% of its 2025 housing starts target so far by August.

  • Compared to 2024, housing starts in Ontario are down ~23%.

  • The number of housing starts in the first half of 2025 was ~27,368 — roughly 25% lower than the same period in 2024.

  • In Toronto specifically, homebuilding has dropped substantially, especially in the condominium segment, which is dragging down overall numbers.

Measure

Change / Status

Housing starts in Ontario vs 2024

Down ~23%

Housing starts vs target

Only ~26% achieved mid-year

Condominium starts, especially in Toronto

Sharp decline

Rental housing starts

Up in some measures, but not enough to offset ownership shortfall


Why Ontario is Falling Behind: Main Causes

There isn’t just one issue, but several overlapping ones:

1. High Construction & Development Costs

  • Land prices, labour wages, material costs are all up.

  • Development charges, municipal fees, and regulatory charges add further burden.

2. Low Investor Confidence & Falling Pre-Sales

  • In the condominium/pre-construction market, declining interest from investors has delayed or canceled many projects.

3. Long Delays & Approval Bottlenecks

  • Municipal planning delays, slow zoning approvals, and outdated permit processes have stalled many developments.

4. Regulatory & Policy Challenges

  • Recent legislation has aimed to ease supply constraints, but there is a lag in implementation and enforcement.

5. Demand vs Supply Mismatch

  • Rapid population growth and insufficient housing stock is putting pressure on affordability.

6. Interest Rates & Economic Uncertainty

  • Elevated interest rates increase borrowing costs for both developers and buyers.


Provincial Government Goals vs Reality

Ontario has set ambitious housing targets:

  • Build 1.5 million homes by 2031.

However:

  • 2025 starts are far below what’s needed to meet the 2031 target.

  • Delays in implementing policies mean that the province is falling further behind.


Comparisons: How Ontario Stacks Up to Other Provinces

  • Quebec, Alberta, and Atlantic Canada are seeing growth in starts.

  • Ontario is among the worst performing provinces relative to its goals.

  • Rental starts in other provinces are growing faster and approval processes are more efficient.


What Happens if Things Don’t Change?

1. Worsening Affordability

  • Supply constraints will keep prices elevated.

2. Housing Supply Shortage

  • Continued under-building will exacerbate housing deficits.

3. Increased Costs

  • Reduced builder confidence will lead to fewer projects and higher prices.

4. Social & Economic Impacts

  • Increased homelessness, inequality, and pressure on municipal infrastructure.


Possible Policy & Practical Solutions

  • Reduce development charges or defer them until occupancy.

  • Streamline approval and permitting processes.

  • Encourage purpose-built rental construction.

  • Incentivize missing-middle housing.

  • Utilize public land for housing.

  • Offer tax incentives and rebates for affordable development.


Outlook: What to Watch in Late 2025 & Beyond

  • Interest rate movement.

  • Legislative implementation.

  • Pre-sale market recovery.

  • Municipal infrastructure upgrades.

  • Federal investment effectiveness.


Conclusion

Ontario’s housing market in 2025 is at a crossroads. Ambitious targets have been set, but the tools and political will to achieve them may be lacking. With the right combination of incentives, streamlined regulation, and federal-provincial coordination, the province can change course. But until then, the supply gap will grow, affordability will worsen, and everyday Ontarians will continue to feel the pinch.


References

🏡 Ready to Start Your Real Estate Journey?

Whether you're planning to buy, sell, or invest, I’m here to guide you every step of the way — surprises and all.

📈 Looking to capitalize on today’s changing market?
Explore a wide range of specialized listings with access to powerful tools and search portals tailored to your needs:



·         Stay ahead of the curve! Get the latest real estate news and insights right here.


 


📩 Need help navigating your options?
Reach out for expert advice and market insights:

Sami Chowdhury

BROKER
📧 Email: samichy@torontobase.com
🌐 Web: www.torontobased.com | www.torontobase.ca

Let’s make your next move a smart one!


Get more market insights here.


·         GTA Housing Market Update – August 2025

·         Canada’s Economy Stumbles in August: 66,000 Jobs Lost, Unemployment Soars to 7.1%

·         Durham Region Real Estate Market Report – July 2025

·         Hamilton Real Estate Market Update – July 2025

·         GTA Real Estate Market Report – July 2025

·         Woodbridge Square Redevelopment: Vaughan’s New Urban Vision

·         Unlock the Full Potential of 977 O’Connor Drive: A Prime Restaurant Opportunity

·         Greater Toronto Area (GTA) Housing Market Update – May 2025

·         GTA Condominium Market Analysis – April 2025

·         Ontario Eliminates Tolls on Highways 412 and 418, Extends Gas Tax Relief

·         Stay ahead of the curve! Get the latest real estate news and insights right here.

·         Greater Toronto Area (GTA) Real Estate Market Update – April 2025

·         Toronto Real Estate Market Update – March 2025

·         Peel Region Real Estate Market Blog – March 2025

·         Renting vs. Owning: How $2,500/Month Could Cost You $190,000




Read

GTA Housing Market Update – August 2025

Introduction

The Toronto Regional Real Estate Board (TRREB) has released its August 2025 Housing Market Charts, giving us a clear snapshot of how sales, listings, and prices evolved through the late summer. August is always a transitional month in real estate — balancing slower summer activity with early signals of the fall market. This year, the numbers reveal a market leaning toward balance, with pockets of opportunity for both buyers and sellers.


MLS Sales in August

The data shows MLS home sales in August continuing to follow seasonal trends, slightly below spring highs but consistent with past years. Comparing 2022–2025, sales volumes remain steady but not overheated, a sign that demand is still present despite affordability challenges.

  • Historically, August sales soften as families focus on back-to-school and vacations.

  • In 2025, sales volumes aligned closely with the levels seen in 2023 and 2024, reflecting a more stable demand curve.


New Listings on the Rise

New listings saw an uptick compared to recent Augusts. This increase has important implications:

  • More choice for buyers, especially in the suburban 905 markets where detached homes dominate.

  • For sellers, more competition means strategic pricing and presentation are essential.

  • Historically, new listings climb in September; the August rise could foreshadow a busier-than-usual fall market.


Sales-to-New-Listings Ratio (SNLR)

The SNLR hovered in the balanced to buyer-leaning zone in August.

  • A ratio under 40% usually signals a buyer’s market, 40–60% balance, and over 60% a seller’s market.

  • August’s reading suggests buyers had slightly more leverage, negotiating with a growing pool of listings.

  • This ratio also correlates with future price movements — as the TRREB chart shows, when SNLR drops, annual price growth often slows.


Average Price Trends

The average resale price across the GTA in August 2025 remained below the 2022 peak but consistent with the cooling and stabilizing trend since 2023.

  • Prices hovered in the $1.0M range, with minor fluctuations depending on property type and location.

  • Detached homes in suburban markets showed softer prices due to higher inventory.

  • Condos, especially in Toronto’s 416 core, maintained stronger price resilience, supported by rental demand.


Long-Run Perspective

TRREB’s long-term charts highlight important context:

  • Sales trend: The 12-month moving average shows stability since mid-2024 after the sharp adjustments of 2022–23.

  • New listings trend: Rising slightly, showing confidence among sellers.

  • Average price trend: Flattening out, which indicates the market is moving from correction to stabilization.


What This Means for Buyers

  • More options: With listings climbing, buyers don’t face the intense bidding wars of past years.

  • Negotiation power: Conditions like financing and inspection are often back on the table.

  • Timing opportunity: Buyers who act before interest rates shift may secure better terms.


What This Means for Sellers

  • Pricing discipline is critical — buyers are well-informed and comparing across multiple listings.

  • Staging and marketing matter more than ever to stand out in a balanced market.

  • Sellers who prepare well can still achieve strong results, especially in sought-after neighborhoods.


Outlook for Fall 2025

Looking ahead:

  • September and October usually bring a seasonal surge in activity.

  • If the Bank of Canada cuts interest rates in September as many anticipate, demand could increase.

  • Expect balanced conditions to continue, with selective competition for well-priced, turnkey properties.


Conclusion

August 2025 highlighted a GTA housing market in transition:

  • Sales were steady, listings increased, and prices held firm within a narrower band.

  • Buyers enjoyed more leverage, while sellers faced more competition.

  • The balance of power may shift again this fall depending on interest rate moves and job market performance.

For professionals and consumers alike, the August numbers stress one theme: data-driven decisions win. Whether you’re buying or selling, tracking SNLR, inventory levels, and price trends is essential in today’s evolving GTA market.


📊 Source: [Toronto Regional Real Estate Board – August 2025 Housing Market Charts (PDF)]

 




🏡 Ready to Start Your Real Estate Journey?

Whether you're planning to buy, sell, or invest, I’m here to guide you every step of the way — surprises and all.

📈 Looking to capitalize on today’s changing market?
Explore a wide range of specialized listings with access to powerful tools and search portals tailored to your needs:



·         Stay ahead of the curve! Get the latest real estate news and insights right here.


 


📩 Need help navigating your options?
Reach out for expert advice and market insights:

Sami Chowdhury

BROKER
📧 Email: samichy@torontobase.com
🌐 Web: www.torontobased.com | www.torontobase.ca

Let’s make your next move a smart one!


Get more market insights here.


·         Canada’s Economy Stumbles in August: 66,000 Jobs Lost, Unemployment Soars to 7.1%

·         Durham Region Real Estate Market Report – July 2025

·         Hamilton Real Estate Market Update – July 2025

·         GTA Real Estate Market Report – July 2025

·         Woodbridge Square Redevelopment: Vaughan’s New Urban Vision

·         Unlock the Full Potential of 977 O’Connor Drive: A Prime Restaurant Opportunity

·         Greater Toronto Area (GTA) Housing Market Update – May 2025

·         GTA Condominium Market Analysis – April 2025

·         Ontario Eliminates Tolls on Highways 412 and 418, Extends Gas Tax Relief

·         Stay ahead of the curve! Get the latest real estate news and insights right here.

·         Greater Toronto Area (GTA) Real Estate Market Update – April 2025

·         Toronto Real Estate Market Update – March 2025

·         Peel Region Real Estate Market Blog – March 2025

·         Renting vs. Owning: How $2,500/Month Could Cost You $190,000

·         Metro Vancouver Condo Inventory Could Rise 60 by Year End Report 

 




Read

Canada’s Economy Stumbles in August: 66,000 Jobs Lost, Unemployment Soars to 7.1%

Date: September 5, 2025


Overview

Canada’s labor market took a significant hit in August, with Statistics Canada reporting a net loss of approximately 65,500 to 66,000 jobs, pushing the unemployment rate to 7.1%—the highest level since May 2016 outside the pandemic era (Reuters, Retail Insider).


Key Stats At a Glance

Indicator

Value

Jobs lost

~66,000 (mostly part-time) (Retail Insider, Reuters)

Unemployment rate

7.1% (Reuters)

Employment rate

Down to 60.5% (Reuters)

Participation rate

Fell to 65.1% (Reuters)

Wage growth

+3.6% (C$37.81/hour) (Reuters)

 

Industry Breakdown

  • Hardest hit sectors:

    • Professional, scientific & technical services (~−26,100 jobs)

    • Transportation & warehousing (~−22,700)

    • Manufacturing (~−19,200) (Reuters)

  • Sole bright spot:

    • Construction added approximately 17,100 jobs (Reuters)

  • Overall, the broader services sector, which employs around 80% of Canadians, lost a substantial 67,200 jobs (Reuters)

 

What’s Behind This Slump?

  1. Persisting U.S. trade tensions: Ongoing tariffs on Canadian steel, aluminum, and autos are undermining business confidence and hiring (Reuters).

  2. Part-time work bears the brunt: A sharp drop in part-time jobs—about 60,000—drove most of the decline; full-time positions were relatively stable (Retail Insider, TD Economics).

  3. Soft labor metrics: A shrinking labor force has somewhat masked how bad the situation could've been—less competition held back deeper rises in unemployment (TD Economics).

 

Market Reaction & Monetary Outlook

  • Market shifts: Odds of a Bank of Canada rate cut in the September 17 meeting spiked to over 90% (Reuters).

  • Currency & bonds: The loonie weakened against other G10 currencies (down ~0.1%) and Canadian bond yields dipped to their lowest levels since June (Reuters).

  • Analyst views: Economists at TD and BMO labeled the report “very poor” and “broad‑based softness,” signaling that further policy easing is likely (Reuters, Investing.com, TD Economics).

 

What Comes Next?

  • Bank of Canada’s policy crossroads: With labor market slack growing and inflation pressures still present, the central bank faces the classic dilemma—cut rates soon or risk deeper economic damage. All eyes are on the September 17 decision.

  • Signal for business sentiment: This job report—and any potential rate cut—will likely influence investments, hiring plans, and consumer confidence heading into Q4.

 

Further Reading




🏡 Ready to Start Your Real Estate Journey?

Whether you're planning to buy, sell, or invest, I’m here to guide you every step of the way — surprises and all.

📈 Looking to capitalize on today’s changing market?
Explore a wide range of specialized listings with access to powerful tools and search portals tailored to your needs:




 


📩 Need help navigating your options?
Reach out for expert advice and market insights:

Sami Chowdhury

BROKER
📧 Email: samichy@torontobase.com
🌐 Web: www.torontobased.com | www.torontobase.ca

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Hamilton Real Estate Market Update – July 2025

Freehold & Condo Resale Housing Trends with Deep Dive by Neighborhood

The Hamilton real estate market in July 2025 saw balanced activity with notable differences between freehold and condominium sectors. This monthly market update dissects the latest sales figures, price trends, new listings, inventory, and buyer-seller dynamics across the city’s core neighborhoods and home types.

This blog offers in-depth insights based on TRREB and PropTx data, comparing performance with past months and years, and interpreting the data within the current economic landscape—notably the 2.75% Bank of Canada rate and 7.8% unemployment rate in the region.


🏢 Hamilton Condo Market – July 2025 Overview

The Hamilton condo resale market showed signs of healthy demand, especially for affordable segments like condo apartments. This section analyzes sales volumes, price points, time on market, and buyer activity in key neighborhoods like Downtown, Stoney Creek, Waterdown, and Dundas.

📊 Condo Sales & Listings

Condo Type

Sales

Avg Price

Median Price

New Listings

Avg. SP/LP

LDOM

Condo Apartment

43

$585,000

$643,500

31

99%

35

Condo Townhouse

31

$401,500

$585,000

61

98%

38

Co-Op Apartment

1

$485,000

$485,000

1

99%

2

Detached Condo

0

4

Co-Ownership Apt.

4

$390,848

$579,364

3

97%

150

Total Condo Sales: 79
Total Condo Dollar Volume: Over $38.8 million
Overall Condo SP/LP: 98–99%
Active Listings: 164

📌 Key Insight: High sale-to-list ratios (98–99%) and moderate days on market (35–38 days) indicate strong buyer demand and quick turnover for well-priced condo listings, especially under $650K.


🏙️ Hamilton Condo Market – By Neighborhood

🔹 Downtown Hamilton & Hamilton Centre

  • Mix of modern high-rise condo apartments and older heritage conversions.

  • Steady demand from first-time buyers, hospital workers, and McMaster students.

  • 1-bedroom units selling around $520,000–$580,000 with 98%+ SP/LP ratios.

🔹 Stoney Creek

  • Condo townhouses dominate the resale scene.

  • Avg. prices climbing to $585,000+, thanks to larger units and family-friendly layouts.

  • Popular among move-down buyers from Toronto and growing investor interest.

🔹 Waterdown & Dundas

  • Fewer new listings but high desirability keeps prices high.

  • Boutique condo buildings, low turnover, and rising demand from empty nesters.

  • Expect average sale prices above $600,000 for quality units.


📉 Condo Market Trends – YoY & MoM

  • Year-over-Year (YoY): Condo prices rose ~3.5% over July 2024, driven by demand from out-of-region investors.

  • Month-over-Month (MoM): Slight softening in apartment activity (-5% MoM), likely seasonal and not a trend reversal.


🏠 Hamilton Freehold Market – July 2025 Deep Dive

While condos are strong, Hamilton’s freehold market continues to be the cornerstone of regional housing with solid activity in the detached, semi-detached, and townhome segments.

📊 Freehold Sales & Price Breakdown

Home Type

Sales

Avg Price

Median Price

New Listings

SP/LP

LDOM

Detached

98

$842,413

$764,935

263

97%

119

Semi-Detached

31

$730,000

$585,000

61

98%

43

Freehold Townhouse

71

$740,131

$657,717

31

96%

38

Total Freehold Sales: 200
Dollar Volume: Over $215 million
Average SP/LP: 96–98%
DOM: Highest in detached sector (avg. 119 days)

📌 Insight: The detached segment saw longer time on market, partly due to pricing expectations and a broader price range. Semis and townhomes remained competitive.


🗺️ Freehold Market by Hamilton Neighborhood

🔸 Hamilton Mountain

  • Detached homes starting from $800K, rising above $1M in upscale pockets.

  • High family demand due to good schools, parks, and newer builds.

🔸 Ancaster & Dundas

  • Strongest luxury market in Hamilton. Many homes $1.2M–$2.5M.

  • Detached home values reached median $1.4M in parts of Ancaster.

🔸 Stoney Creek

  • Resale strength in both semis and towns.

  • Average price for townhomes over $720,000, semis around $730,000.

  • Newer subdivisions pushing prices up.

🔸 Binbrook & Glanbrook

  • Popular among GTA commuters.

  • Moderate prices and new home supply draw younger families.

  • Detached sales active in $775,000–$880,000 range.

🔸 Central Hamilton

  • Diverse housing stock. Affordability draws investors and first-time buyers.

  • Freehold towns in high demand due to price point under $700K.


📈 Freehold Trends – YoY & MoM

  • Detached homes saw 3% YoY price increase, though sales volume dipped slightly MoM due to inventory mismatch.

  • Semis and towns continued their upward trajectory with 4–5% YoY gains, and strong SNLRs suggest a seller’s advantage.


📊 Chart: July 2025 – Sales Volume vs. Average Price (Hamilton)


💡 Buyer & Seller Takeaways

For Buyers:

  • Condo apartments and townhomes in Hamilton offer great entry-level pricing.

  • Freehold homes still command premium, especially in Ancaster & Mountain areas.

  • Expect less negotiation room in semis and towns vs. detached.

For Sellers:

  • Staging and pricing strategy is critical, especially for detached properties sitting longer on market.

  • Target peak marketing in early months of each quarter for better exposure.

  • Condos priced under $650K are moving fast — great time to list!


💼 Economic Context: July 2025

  • Bank of Canada Interest Rate: 2.75%

  • Unemployment in Hamilton CMA: 7.8%

  • Buyers are still adjusting to the new norm in borrowing costs, but consumer confidence remains stable in the mid-tier housing segments.


🔍 Key Metrics Summary Table

Metric

July 2025

Total Hamilton Resale Sales

293

Avg. Sale Price (All Homes)

$764,935

New Listings

346

Active Listings

1,409

Avg. SP/LP Ratio

98%

Average LDOM

83 days


📞 Thinking of Buying or Selling in Hamilton?

Whether you're buying your first condo or upsizing to a detached home in Ancaster, expert local guidance is critical. As a seasoned real estate professional, I can help you:

✅ Accurately price your home
✅ Negotiate with confidence
✅ Understand current market trends
✅ Navigate mortgage options amid rising rates

📩 Get in touch today for a personalized strategy or to request a free home evaluation.


📚 Sources:





🏡 Ready to Start Your Real Estate Journey?

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Get more market insights here.

 




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GTA Real Estate Market Report – July 2025

GTA Real Estate Market Report – July 2025

Affordability Improves, Sales Surge, but Prices Remain Soft

By: Sami Chowdhury
Published: August 2025


Executive Summary

In July 2025, the Greater Toronto Area (GTA) real estate market witnessed a notable uptick in activity, marking the strongest July sales performance since 2021. While sales volumes increased by 10.9% year-over-year, the average selling price saw a 5.5% decline, signaling improved affordability for many buyers. These dynamics indicate a market in modest recovery mode, driven by easing borrowing costs, softer prices, and sustained listing activity.


Key Market Highlights (TRREB - July 2025)

Metric

July 2025

Change (YoY)

Total Home Sales

6,100

↑ 10.9%

New Listings

17,613

↑ 5.7%

Average Selling Price

$1,051,719

↓ 5.5%

MLS® HPI Composite Benchmark

↓ 5.4%

TRREB Composite Days on Market (PDOM)

36 days

↑ from 30 days (2024)

Bank of Canada Overnight Rate

5.0%

(unchanged since June)

Source: TRREB Market Watch July 2025


Market Analysis

Sales Rebound with Price Relief

Sales increased to 6,100 transactions, an encouraging 10.9% rise from July 2024. This is the best July performance in four years, supported by declining prices and moderate interest rates. The average selling price fell to $1,051,719, down 5.5% year-over-year. These conditions are attracting buyers who were previously priced out.

TRREB President Elechia Barry-Sproule noted:

“Improved affordability, brought about by lower home prices and borrowing costs, is starting to translate into increased home sales... a growing number of households are finding affordable options for homeownership.”


By Property Type – Sales and Prices

Home Type

416 Avg Price

905 Avg Price

TRREB Avg Price

YoY Price Change

Detached

$1,361,660

$1,294,424

$1,242,388

↓ 6.8%

Semi-Detached

$1,041,359

$894,094

$920,197

↓ 8.1%

Townhouse

$849,380

$829,332

$684,257

↓ 10.3%

Condo Apartment

$651,483

$590,004

$684,257

↓ 5.4%

Ref: TRREB Full Report, July 2025


Regional Breakdown: Toronto vs. Suburbs

City of Toronto (416 area)

  • Sales: Up significantly, particularly for condos and townhomes.

  • Prices: Held up better in the core, especially in condo markets, compared to suburban regions.

  • Trend: Urban affordability drawing younger buyers back into the city.

905 Region (Suburbs)

  • Sales: Volume growth strong, particularly in Peel, Durham, and York.

  • Prices: Dropped more sharply in detached and semi-detached segments.

  • Trend: Larger homes at discounted prices attracting families and investors.


Condo Market Snapshot

Metric

Value

Condo Apartment Sales

2,795 units

Avg. Selling Price

$684,257

Avg. DOM (Listing)

33 days

YoY Price Change

↓ 5.4%

Despite price softness, condos remain a strong entry point for first-time buyers. Renters transitioning to ownership continue to drive activity in this segment.


Rental Market Perspective

While detailed rental data wasn't directly provided in TRREB's July 2025 Market Watch, external reports indicate:

  • Average GTA one-bedroom rents: ~$2,400/month

  • YoY increase: Approximately 6–8%, depending on the area

  • Vacancy rates: Remain below 2% in key areas like Toronto, Mississauga, and Vaughan

Ref: Urbanation Q2 Rental Report


Economic Backdrop

Key Economic Indicators – July 2025

Despite global uncertainty, particularly with U.S. trade, Canada’s economic fundamentals remain stable, and further rate cuts are expected before the end of 2025.


Policy Watch: Foreign Buyers

TRREB clarified misconceptions about the Foreign Buyer Ban:

“Despite widespread belief that the federal foreign buyer ban prohibits all foreign nationals from purchasing... exemptions exist.”
– TRREB CEO John DiMichele

Exemptions Include:

  • Multi-unit residential buildings (4+ units)

  • Vacant land for development

  • Recreational or rural properties

  • International students & temporary workers (under certain criteria)

This may explain continued investor activity in specific property types.


PropTx Insights – Market Pulse

According to the PropTx Market Stats Quick Overview:

  • Days on Market (DOM): ↑ to 30–36 days, signaling longer selling cycles

  • Active Listings: ↑ sharply, with 30,215 properties on the market

  • New Listings: Up 5.7% YoY – reflective of seller confidence returning

  • List-to-Sale Ratio: Remains tight, especially in the <$1M category

Ref: PropTx Member PDF - Days on Market & Stats Overview


HPI Benchmark Index – By Region (July 2025)

Region

Benchmark Price

YoY Change

Toronto

$1,041,800

↓ 3.95%

Mississauga

$1,104,300

↓ 4.50%

Vaughan

$1,154,319

↓ 4.90%

Durham Region

$928,600

↓ 2.12%

Peel Region

$1,061,000

↓ 4.78%

York Region

$1,294,424

↓ 6.0%

Ref: TRREB MLS® HPI Index, Market Watch July 2025


July 2025: Market Sentiment Analysis

Positive Indicators

✅ Sales rebound after 18 months of slowdown
✅ Borrowers find breathing room with slightly improved rates
✅ Active listings offer choices for buyers
✅ Condo market resilient
✅ Investors returning to the multi-unit and townhouse segments

Caution Flags

⚠️ Prices still in decline, raising concerns about further correction
⚠️ DOM increasing—buyers still cautious
⚠️ Foreign buyer exemptions may raise political scrutiny
⚠️ Trade tensions with the U.S. continue to pressure the economy


What’s Next for Buyers and Sellers?

For Buyers:

  • Consider entering the market now while prices remain soft

  • Lock in rates if rate cuts are on the horizon

  • Focus on townhouses and condos for best value

For Sellers:

  • Price competitively—overpricing could lead to stale listings

  • Staging and marketing are more important than ever

  • Expect longer time on market unless priced below average


Expert Insights: What Should You Do?

“We’re transitioning from a buyer’s market to a more balanced one... If the BoC cuts rates later in 2025, demand will surge again. Now may be the sweet spot.”
– [Sami Chowdhury, RE/MAX Realtron Realty Inc.]


Conclusion: GTA Market Slowly Stabilizing

The July 2025 data presents a cautiously optimistic outlook. Lower prices and improved affordability are pulling buyers off the sidelines, especially in condos and townhouses. However, price softness persists, and listings are staying longer on market, underscoring the need for strategic pricing and patience.

The GTA housing market remains dynamic—those who are informed and prepared will benefit the most in this changing environment.


Citations and References

  1. TRREB July 2025 Market Watch Full Report: TRREB.ca PDF

  2. TRREB News Release – July 2025: TRREB News

  3. Urbanation Rental Report Q2 2025: urbanation.ca

  4. Bank of Canada Policy Rate: BankofCanada.ca

  5. Statistics Canada – CPI & Employment: statcan.gc.ca

  6. TRREB HPI Index & Municipal Breakdown – July 2025 Full Report PDF





🏡 Ready to Start Your Real Estate Journey?

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·         Stay ahead of the curve! Get the latest real estate news and insights right here.

 


📩 Need help navigating your options?
Reach out for expert advice and market insights:

Sami Chowdhury

BROKER
📧 Email: samichy@torontobase.com
🌐 Web: www.torontobased.com | www.torontobase.ca

Let’s make your next move a smart one!


Get more market insights here.

·         Woodbridge Square Redevelopment: Vaughan’s New Urban Vision

·         Unlock the Full Potential of 977 O’Connor Drive: A Prime Restaurant Opportunity

·         Greater Toronto Area (GTA) Housing Market Update – May 2025

·         GTA Condominium Market Analysis – April 2025

·         Ontario Eliminates Tolls on Highways 412 and 418, Extends Gas Tax Relief

·         Stay ahead of the curve! Get the latest real estate news and insights right here.

·         Greater Toronto Area (GTA) Real Estate Market Update – April 2025

·         Toronto Real Estate Market Update – March 2025

·         Peel Region Real Estate Market Blog – March 2025

·         Renting vs. Owning: How $2,500/Month Could Cost You $190,000

·         Metro Vancouver Condo Inventory Could Rise 60 by Year End Report 

 




 

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Woodbridge Square Redevelopment: Vaughan’s New Urban Vision

The redevelopment of 7600 Weston Road marks a transformative moment for Vaughan's Woodbridge community. Known as Woodbridge Square, the project is set to replace an aging retail plaza with a vibrant, master-planned community. This new development will blend residential high-rises, green spaces, commercial amenities, and pedestrian-friendly infrastructure.

Recent plans submitted to the City of Vaughan include nine high-rise towers, with some reaching up to 55 storeys. The development will introduce over 2,000 residential units, significantly contributing to Vaughan’s housing supply while creating a modern urban district tailored to growing demand.

Located near Highway 407, Highway 400, and the Vaughan Metropolitan Centre (VMC), the site offers excellent access to regional transit and road networks. The proximity to the VMC subway station and Highway 7 Rapidway supports sustainable transportation and reduces car dependency for future residents.

In addition to vertical expansion, the project will prioritize public realm improvements, including landscaped open areas, POPS (Privately-Owned Public Spaces), and a reimagined streetscape. These features aim to make the area walkable, lively, and community-oriented.

While final approval is pending, the city is reviewing zoning amendments, community consultations, and infrastructure alignment. Once approved, construction of Phase 1 is expected to bring podium retail, public access features, and key residential components.

Real Estate & Planning Context

Vaughan continues to experience one of the strongest economic growth rates in the GTA, with its GDP outpacing that of Toronto. New condo projects are averaging $971 per square foot, and average condo prices hover around $655,000—highlighting investor confidence and a growing demand for transit-oriented, high-density communities.

To support housing affordability, the City of Vaughan recently reduced development charges by 47%. This policy move supports large-scale developments like Woodbridge Square and aims to attract both public and private sector investment.

Looking Ahead

Key milestones to watch include the city’s zoning and planning decisions, alignment with Highway 7 BRT upgrades, and the phased rollout of tower construction. With ample land, strategic transit proximity, and a forward-looking urban plan, Woodbridge Square is positioned to become a defining feature of Vaughan’s future skyline.

 


🏡 Ready to Start Your Real Estate Journey?

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📈 Looking to capitalize on today’s changing market?
Explore a wide range of specialized listings with access to powerful tools and search portals tailored to your needs:

 


📩 Need help navigating your options?
Reach out for expert advice and market insights:

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BROKER
📧 Email: samichy@torontobase.com
🌐 Web: www.torontobased.com | www.torontobase.ca

Let’s make your next move a smart one!


Get more market insights here.

·        Wooodbridge Square Redevelopment: Vaughan’s Next Urban Landmark

 


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Unlock the Full Potential of 977 O’Connor Drive: A Prime Restaurant Opportunity  ( NO LONGER FOR Sale)

If you're seeking a thriving restaurant location in Toronto’s East York, 977 O’Connor Drive (Kebab & Co.) offers a unique, turnkey business opportunity. Nestled in O’Connor–Parkview, this fully equipped 24-seat Middle Eastern/Afghan restaurant sits amidst a dynamic mix of offices, retail, and industrial enterprises, all within 3–5 km—ideal for building a strong customer base.


📍 Location Overview

977 O’Connor Drive occupies 1,200 sq ft, featuring a fully renovated kitchen, prep basement, walk-in cooler, office, and restroom . With a high Walk Score of 89, the area is highly accessible, attracting both local residents and commuters (Zolo).


🏢 Business & Office Presence Nearby (3–5 km)

  • 1450–1500 O’Connor Drive (O’Connor Centre)
    A major office/retail complex offering over 4,000 sq ft of leasable space, accommodating varied tenants, including service-oriented and pop-up businesses (LoopNet).

  • 1880 O’Connor Drive ("Roy" office building)
    Multi-tenant office hub that generates consistent daytime foot traffic from professionals (Aco Toronto).

  • Swiss Chalet, Black Bear Pub, Molly Maid, Lumber Liquidators
    These anchor brands near O’Connor & Bermondsey bring robust retail appeal and reinforce the dine-out culture (YellowPages.ca).

  • Mondelez Canada Inc. (5 Bermondsey Rd)
    A major local food products employer whose staff represent a substantial lunch-time clientele (YellowPages.ca).

  • Local Boutiques and Services
    Includes dental clinics, accounting firms, cleaning services, and fitness/martial arts studios that contribute to community vibrancy (YellowPages.ca, SquareYards).


🛠️ Development & Infrastructure

  • Proposed Mixed-Use Development at 1450–1500 O’Connor
    A forthcoming 29-storey complex with 915 rental units, retail spaces, a daycare, and public park will drastically increase foot traffic in the area (Storeys).

  • City Streetscape Improvement Initiatives
    The city’s ongoing Streetscape and flood-control projects aim to enhance pedestrian safety and overall appeal along O’Connor Drive (City of Toronto).


🌐 How These Enhance Restaurant Success

  1. Daytime Workforce
    Office-bound employees need lunch options—your restaurant directly benefits from this captive audience.

  2. Retail Synergy
    Nearby dining, service, and retail businesses naturally drive local outing habits, increasing restaurant visibility.

  3. Residential Boost
    The new development adds residents, families, and daycare users who can become repeat customers.

  4. Improved Pedestrian Experience
    Streetscape enhancements will make O’Connor Drive more inviting, encouraging customers to dine and linger.


🧭 Community Snapshot

  • Walkability (Score 89): Encourages casual dining visits by local professionals and residents (Toronto Restaurant For Sale, Storeys, City of Toronto).

  • Transit Connectivity: Multiple TTC bus routes along O’Connor Drive ensure easy access.

  • Amenities Mix: Retail, services, offices, and residential spaces create a high-traffic, dine-friendly hub.


📈 Investment Appeal

For entrepreneurs, restaurateurs, or investors, this location stands out as a proven, walk-in-friendly, and growing area. The synergy between existing offices, retail anchors, and new developments ensures continuous business flow and expanding customer potential.

Please Click here TO Find out More about this listing


🗓️ Don’t Miss This Opportunity

977 O'Connor Drive, Toronto offers a rare investment package: a fully outfitted restaurant in a fast-evolving and highly engaged neighbourhood.

For further details, equipment lists, or to schedule a viewing:
Contact: Sami Chowdhury
Email: samichy@torontobase.com
Phone: 647‑725‑0606





 

Ready to Start Your Real Estate Journey?

Whether you're planning to buy, sell, or invest, I’m here to guide you every step of the way — surprises and all.

Looking to capitalize on today’s changing market?
Explore a wide range of specialized listings with access to powerful tools and search portals tailored to your needs:

·         Stay ahead of the curve! Get the latest real estate news and insights right here.

 


 Need help navigating your options?
Reach out for expert advice and market insights:

Sami Chowdhury

BROKER
 Email: samichy@torontobase.com
 Web: www.torontobased.com | www.torontobase.ca

Let’s make your next move a smart one!


Read more about the market developments.

·         Greater Toronto Area (GTA) Housing Market Update – May 2025

·         Stay ahead of the curve! Get the latest real estate news and insights right here.

·         Greater Toronto Area (GTA) Real Estate Market Update – April 2025

·         Toronto Real Estate Market Update – March 2025

·         Peel Region Real Estate Market Blog – March 2025

·         Renting vs. Owning: How $2,500/Month Could Cost You $190,000

·         Metro Vancouver Condo Inventory Could Rise 60 by Year End Report 

 

 

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New property listed in Toronto E03 ( NO LONGER FOR Sale)

I have listed a new property at 977 O'Connor Drive in Toronto. See details here

Fantastic opportunity to own a vibrant, turnkey restaurant in Toronto's bustling neighbourhood!Welcome to KEBAB & CO. INC., an Afghan restaurant quickly established as a local favouritesince opening late last year. With extensive renovations and investment in high-quality kitchenequipment, this restaurant offers a seamless takeover for savvy entrepreneurs or seasonedrestaurateurs. The premises are meticulously maintained, providing a warm, inviting atmosphereappreciated by the community. The current owner is moving to a bigger location, reflecting theestablishment's growth and success.The restaurant has quickly garnered outstanding online reviews praising its delicious cuisine,excellent service, and inviting ambiance, reflecting the owner's dedication and passion. KEBAB& CO. INC.'s rapid growth and popularity showcase the area's potential, benefiting fromconsistent foot traffic and an active neighbourhood.Strategically located on O'Connor Drive, the restaurant enjoys high visibility and easy access,ideal for both dine-in and takeout business models. The neighbourhood is known for its diversecommunity, vibrant local economy, and steady residential growth, providing a solid customerbase with continued expansion potential.The well-equipped kitchen features modern amenities supporting various culinary concepts,significantly reducing initial investment typically required for new ventures. A detailedchattel list is available upon request, clearly outlining the value and scope of includedequipment.This exceptional establishment presents an incredible chance to capitalize on a proven locationwith a thriving business model. Whether continuing the popular Afghan cuisine or introducingyour culinary vision, the foundation is perfectly set for success. Don't miss this exciting andprofitable opportunity in one of Toronto's up-and-coming communities!

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Greater Toronto Area (GTA) Housing Market Update – May 2025

Market Sees Inventory Surge While Buyer Demand Remains Soft

The Greater Toronto Area real estate market continued its cautious pace in May 2025. While sales volume improved slightly from April, overall demand remained subdued. According to the latest data from the Toronto Regional Real Estate Board (TRREB), total sales reached approximately 7,000 units, still trailing historic seasonal norms and confirming a market that remains in flux.


Sales Improve Slightly, But Still Below Average

In a typical spring surge, one might expect sales activity to climb well above 9,000 units. However, in May 2025, the GTA market posted just under 7,000 sales, a number that reflects modest month-over-month growth but is well below the long-term May average.

The key challenge continues to be affordability. With borrowing costs still elevated and many buyers sidelined, the pent-up demand seen earlier in the year has yet to fully materialize.


Listing Inventory Reaches New Highs

On the supply side, the market is showing increased activity. Over 18,000 new listings came online in May—the highest May total in several years, surpassing 2022, 2023, and 2024. This influx suggests that more homeowners are ready to sell, perhaps in anticipation of further market shifts or in response to rising holding costs.


Sales-to-New Listings Ratio (SNLR) Confirms Buyer’s Market

With sales comprising only about 36–38% of new listings, the SNLR has now fallen below 0.40—a common benchmark used to define a buyer’s market. This means that for every 10 homes listed, fewer than 4 are selling in the same month.

This widening gap between supply and demand provides leverage to buyers, who now enjoy greater negotiating power, more conditional offers, and longer timelines to make decisions.


Prices Hold Firm, But Growth Stalls

The average selling price across the GTA hovered around $1.125 million in May. This reflects a flat price trend—up slightly from early 2023 lows but down from the 2022 peak. Notably, the 12-month moving average shows a gradual flattening, meaning price volatility has significantly decreased.

The current market dynamic reflects a standoff between buyers and sellers: buyers are cautious, waiting for more clarity on rates, while sellers—especially those with equity—are holding their ground on price.


Trendline Insights

According to TRREB’s 12-month rolling data:

  • Sales are trending downward, despite seasonal bumps.

  • Listings are steadily rising, placing pressure on absorption rates.

  • Prices have leveled off, showing neither a crash nor a rebound.

Historically, when the SNLR dips below 0.4, prices tend to soften within a 1–2 month lag, especially in less competitive suburban markets.


What This Means for Buyers, Sellers & Investors

Buyers
This is one of the best environments in recent years for buyers to negotiate, especially on homes that have been sitting. Buyers with pre-approvals, flexibility, and patience can take advantage of reduced competition and increasing inventory.

Sellers
Those who need to sell must be realistic. The days of unconditional, over-asking offers are largely behind us. Listings that are priced appropriately, staged well, and professionally marketed are still moving—but patience is required, especially in areas with higher inventory.

Investors
For long-term investors, this is a strategic window to buy. Prices are stable, and future rent growth potential remains high. With interest rate cuts possible later in the year, this could be an ideal time to secure value before the next wave of demand.


Final Word

May 2025 confirms that the GTA housing market is firmly in correction territory—but not collapsing. With growing supply, stable pricing, and tempered demand, the market remains balanced yet cautious. Whether you’re a buyer, seller, or investor, success in today’s environment will come from strategic planning, realistic expectations, and local expertise.


Source: TRREB Housing Market Charts – May 2025

 




🏡 Ready to Start Your Real Estate Journey?

Whether you're planning to buy, sell, or invest, I’m here to guide you every step of the way — surprises and all.

📈 Looking to capitalize on today’s changing market?
Explore a wide range of specialized listings with access to powerful tools and search portals tailored to your needs:

·         Stay ahead of the curve! Get the latest real estate news and insights right here.

 


📩 Need help navigating your options?
Reach out for expert advice and market insights:

Sami Chowdhury

BROKER
📧 Email: samichy@torontobase.com
🌐 Web: www.torontobased.com | www.torontobase.ca

Let’s make your next move a smart one!


Get more market insights here.

·         GTA Condominium Market Analysis – April 2025

·         Ontario Eliminates Tolls on Highways 412 and 418, Extends Gas Tax Relief

·         Stay ahead of the curve! Get the latest real estate news and insights right here.

·         Greater Toronto Area (GTA) Real Estate Market Update – April 2025

·         Toronto Real Estate Market Update – March 2025

·         Peel Region Real Estate Market Blog – March 2025

·         Renting vs. Owning: How $2,500/Month Could Cost You $190,000

·         Metro Vancouver Condo Inventory Could Rise 60 by Year End Report 

 




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