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Who is CVC, the private equity firm now backing Therme Horizon?
Real Estate

Who is CVC, the private equity firm now backing Therme Horizon?

Luxembourg-based CVC Capital Partners has taken a significant stake in Therme Horizon. Here’s who they are, where the money comes from and what it could mean for Ontario Place.

Six-storey condo and new public park proposed at Bayview and The Bridle Path
Real Estate

Six-storey condo and new public park proposed at Bayview and The Bridle Path

City planning staff back a six-storey, 56-unit condominium and a small public park at 2425–2427 Bayview Ave and 1 The Bridle Path. North York Community Council will review it Oct 21.

St. Clair Place proposal trims a mid‑rise, raises the corner tower and keeps the park
Real Estate

St. Clair Place proposal trims a mid‑rise, raises the corner tower and keeps the park

Owners have filed revisions to the St. Clair Place master plan that shift density into a taller southeast tower, reduce a mid‑rise on Alvin Ave and preserve a new public park.

Province weighing zoning order that would limit towers near Sanofi vaccine site
Real Estate

Province weighing zoning order that would limit towers near Sanofi vaccine site

A proposed Minister’s Zoning Order would cap heights at 33 metres at 1875 Steeles Ave W, curbing a 39-storey proposal to protect Sanofi Pasteur’s vaccine operations.

Buyer says two-bedroom townhome became one-bedroom plus den, months after closing delays
Real Estate

Buyer says two-bedroom townhome became one-bedroom plus den, months after closing delays

A Toronto buyer who paid for a two-bedroom townhome says she received a one-bedroom with a doorless den, higher fees and months of occupancy charges. She has filed complaints with Tarion and the HCRA.

Now is an unusually favourable time to switch mortgage lenders at renewal
Real Estate

Now is an unusually favourable time to switch mortgage lenders at renewal

Lenders are competing aggressively as renewal volumes hit records and home sales remain weak. Discounts, cashbacks and flexible product features make switching attractive now.

Home sales slip in December as 2025 ends tepidly; Vancouver developers favour low-rise buildings
Real Estate

Home sales slip in December as 2025 ends tepidly; Vancouver developers favour low-rise buildings

CREA reports December sales and prices fell, ending a subdued 2025. Vancouver developers pivot to wood-frame low-rise projects. Plus: mortgage snapshot, retirees delaying downsizing, and a ski-chalet listing.

Canadian housing starts rise 5.6% in 2025 after December outperforms expectations
Real Estate

Canadian housing starts rise 5.6% in 2025 after December outperforms expectations

CMHC reports a seasonally adjusted annualized rate of 282,439 housing starts in December, lifting 2025 starts 5.6% and marking the fifth highest annual total on record.

Big price cut on Forest Hill house sparks bidding from three buyers
Real Estate

Big price cut on Forest Hill house sparks bidding from three buyers

After 11 weeks on the market, sellers cut the asking price by nearly $500,000. The move brought three offers and an unconditional sale at $3.48 million.

Toronto couple finds a midtown detached house after a tight $1‑million search
Real Estate

Toronto couple finds a midtown detached house after a tight $1‑million search

Peter and Jennifer McGillivray wanted a transit-friendly, two-bedroom home with room to host. They negotiated to buy a detached house in midtown for $1,025,000.

Palmerston semi sells after interest in laneway suite potential
Real Estate

Palmerston semi sells after interest in laneway suite potential

Three-bedroom semi near Christie Pits with private parking and laneway access sold for $1.207M; built around 1900 with 10-foot main-floor ceilings.

Yorkdale landlord fights proposed Fairweather takeover of former Hudson’s Bay space
Real Estate

Yorkdale landlord fights proposed Fairweather takeover of former Hudson’s Bay space

Oxford Properties asked a court to block Fairweather from taking the former Hudson’s Bay anchor at Yorkdale, saying the retailer would be unsuitable and could cost the mall hundreds of millions.