O'Neill Real Estate, The Beach, Toronto
Buying and selling homes and condos in The Beach and downtown Toronto
Toronto’s land transfer tax, which Mayor Rob Ford wants to scrap, will contribute $80 million more to city coffers in 2011 than estimated. In a report to the budget committee, finance staff project the tax windfall and cost cuts mean there will be a $139.3 million surplus left over at the end of this year…. Read More
The fate of Toronto’s proposed ban on selling or consuming shark fins will be decided in committee on Thursday, but a similar ban is now law in California — one of the largest consumers of shark fins in North America. The controversial bill, signed last week by Gov. Jerry Brown, has been called discriminatory to… Read More
Denis Godbout tugs on the brass knob of the bell, slides the black-handled throttle into position and releases the brake. Amid loud hissing and clanging, the hulking green locomotive begins its slow rumble out of Uxbridge along the 140-year-old rail line that once carried grain to William Gooderham’s distillery in Toronto. This isn’t Godbout’s day… Read More
150 turkeys, 57 litres of gravy, 225 kilograms of mashed potatoes, 180 kilos of vegetables, 225 kilos of stuffing, 250 pumpkin pies and 1,440 dinner rolls. It took all that — plus 72 volunteers — to serve more than 1,600 meals Monday at the Good Shepherd Ministries in Toronto. Executive chef and kitchen supervisor Narie… Read More
TORONTO — Canada’s technology community expressed sadness and respect for Steve Jobs, the founder of Apple Inc., who died on Wednesday at 56. Condolences poured in from across the country, from users of the popular iPhone, iPod and iPad products, to the executives of Canadian companies who have either struggled to compete with Apple’s cutting-edge… Read More
TORONTO — For once it wasn’t a case of the rich getting richer. According to the latest edition of Canadian Business magazine, many of Canada’s wealthiest people have actually seen their fortunes shrink in the past year. But none of the leading names on the Top 100 list is exactly claiming poverty either, including the… Read More
TORONTO — Royal LePage says home prices remained unexpectedly resilient across Canada’s housing market in the third quarter, but the overall strength is concealing signs of moderation in some regions. In its House Price Survey and Market Survey Forecast, Royal LePage says that Canada’s residential real estate market benefited from very low interest rates and… Read More
o The market for rental condos is becoming almost as hot as Toronto’s resale housing market with bidding wars breaking out among tenants trying to snag prime units. While some 21,000 units are now under construction in Toronto — 5,707 of them in the downtown core — demand for rental condominiums continues to far outstrip… Read More
Three years ago, the violin was — as it had been for decades — in need of repair. Strings were missing, its belly cracked and varnish patchy. But when the very old, very expensive instrument was brought to Toronto its fortune changed. Today it is on loan to Jonathan Crow, the new concertmaster of the… Read More
Toronto has received five bids from private trash and recycling haulers that want to take over curbside collection for 165,000 homes. The bids (one company submitted two alternatives) range from $17.5 million per year to $25.6 million per year over the seven-year contract. When councillors approved the outsourcing in May, staff projected the city could… Read More
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