The site in question has something of a troubled past, which includes a forced sale that saw ownership transferred from Forme Developments to Caishen Capital Group in 2019.It continues to be a tough time for builders and developers in the Toronto area, and this is evidenced by an uptick in unfinishedJoining the proverbial club is a site just north of Warden Avenue and Danforth Road in Scarborough, which has just hit the market under a power of sale. And the 3.
Given that the property is now being offloaded under a power of sale, it stands to reason that there’s blood in the water over at Caishen. For some context: a power of sale is a remedy employed by lenders when a borrower fails to uphold the terms of their mortgage. Although defaulting on mortgage payments is the typical driver of a power of sale, this outcome can also be initiated by the lender if the borrower has breached any covenants of their loan.
Although the rate cut conversation is still very much so in flux, the Bank of Canada has — finally — indicated that a cut is indeed imminent.Known around town as the "Helm’s House,” this stately and elegant five-bedroom abode dates back to 1858 — although it shows its age in only the very best ways.If you’ve ever had dreams of owning and operating your own Georgian Bay resort, now could be your chance – if you have a cool $14,999,000 to drop, that is.
Although cottage, cabin, and chalet prices are set to appreciate the most dramatically in Ontario, Royal LePage is calling for price growth across all provincial recreational markets in 2024.Ontario Liberals Push For Fourplexes Province-Wide In Proposed Housing Bill MPP Adil Shamji tabled the BUILD Ontario Act on Tuesday, which draws from Ontario’s Housing Affordability Taskforce from 2022.This gorgeous, European-style mansion transports one into the great halls of a Parisian manor, with its renaissance design and stunning 25-foot, expansive ceilings.With January's 2.9% inflation rate followed by February's promising 2.8%, it certainly seems like a promising downward trend has emerged, leaving Canadians eager for rate cuts.