{"id":18321,"date":"2023-06-17T08:36:43","date_gmt":"2023-06-17T15:36:43","guid":{"rendered":"https:\/\/essential.construction\/news\/urbantoronto-industry-updates-remaxs-commercial-real-estate-report-cafeto-and-bidding-wars-on-the-rise\/"},"modified":"2023-06-17T08:36:44","modified_gmt":"2023-06-17T15:36:44","slug":"urbantoronto-industry-updates-remaxs-commercial-real-estate-report-cafeto-and-bidding-wars-on-the-rise","status":"publish","type":"post","link":"https:\/\/essential.construction\/news\/urbantoronto-industry-updates-remaxs-commercial-real-estate-report-cafeto-and-bidding-wars-on-the-rise\/","title":{"rendered":"UrbanToronto Industry Updates: REMAX&#8217;s Commercial Real Estate Report, CafeTO, and Bidding Wars on the Rise"},"content":{"rendered":"<p> <a href=\"https:\/\/essential.construction\/files\/membership-default-internal\/\" class=\"memberhide\"><img decoding=\"async\" src=\"https:\/\/essential.construction\/news\/wp-content\/uploads\/sites\/15\/2023\/01\/20220718_175041000_iOS.jpg\" alt=\"-\"><\/a><br\/><br \/>\n<\/p>\n<div id=\"article_body\">\n<p><em>UrbanToronto industry updates share relevant news, events, and changes that impact\u00a0the real estate and building industries in Toronto.<\/em>\u00a0<\/p>\n<p>In today&#8217;s update: REMAX&#8217;s 2023 Canadian Real Estate Report offers insights on the trends that defined the market across Canada&#8217;s largest cities in Q1 of 2023, citing how both retail and industrial markets are thriving while the office sector continues to struggle; the City of Toronto announced yesterday that the majority of all approved CafeTO curb lane patios will be substantially completed this week, kick starting what is sure to be a vibrant summer for pedestrians; bidding wars are on the rise in many different neighbourhoods across Toronto aa the limited housing supply persists, but some neighbourhoods are still seeing homes sold below asking, you just need to know where to look; and other news.\u00a0<\/p>\n<p><imgx alt=\"UrbanToronto Industry Update: REMAX 2023 Commercial Real Estate Report\" class=\"image-display_default\" data-entity-type=\"file\" data-entity-uuid=\"insert-display_default-b7cc4bd4-934c-41db-b4b2-be9202179277\" data-insert-attach=\"{\" id=\"\" data-insert-class=\"image-display_default\" data-insert-type=\"image\" src=\"https:\/\/cdn.skyrisecities.com\/sites\/default\/files\/images\/articles\/2023\/06\/52930\/52930-159140.jpeg\" onclick=\"photo('https:\/\/cdn.skyrisecities.com\/sites\/default\/files\/images\/articles\/2023\/06\/52930\/52930-159140.jpeg', true, ''); return false;\" title=\"Commercial real estate in Toronto thriving on the shoulders of retail and industrial space, image by UT Forum contributor RyanD\"\/><span class=\"image-description\">Commercial real estate in Toronto thriving on the shoulders of retail and industrial space, image by UT Forum contributor RyanD<\/span><\/p>\n<p><a rel=\"nofollow noopener\" href=\"https:\/\/blog.remax.ca\/commercial-real-estate-report\/\" target=\"_blank\">REMAX Publishes 2023 Canadian Commercial Real Estate Report<\/a>\u00a0(REMAX)<\/p>\n<p><a rel=\"nofollow noopener\" href=\"https:\/\/www.toronto.ca\/news\/cafeto-curb-lane-cafe-installations-will-be-substantially-complete-this-week\/\" target=\"_blank\">Caf\u00e9TO curb lane caf\u00e9 installations will be substantially complete this week<\/a>\u00a0(City of Toronto)<\/p>\n<p><a rel=\"nofollow noopener\" href=\"https:\/\/wahi.com\/ca\/en\/learning-centre\/real-estate-101\/buy\/bidding-war-toronto-neighbourhoods\/\" target=\"_blank\">Want to Avoid a Bidding War? Try These Toronto Neighbourhoods<\/a>\u00a0(Wahi)<\/p>\n<p><a rel=\"nofollow noopener\" href=\"https:\/\/www.bnnbloomberg.ca\/investing\/video\/converting-office-space-to-residential-housing~2706440\" target=\"_blank\">Converting office space to residential housing<\/a>\u00a0(Bloomberg)<\/p>\n<p><a rel=\"nofollow noopener\" href=\"https:\/\/tasimpact.ca\/toronto-city-council-approves-zba-for-880-eastern-ave\/\" target=\"_blank\">Toronto City Council Approves ZBA for 880 Eastern Ave<\/a>\u00a0(TAS)<\/p>\n<p><a rel=\"nofollow noopener\" href=\"https:\/\/www.toronto.ca\/news\/toronto-city-council-appoints-new-deputy-city-managers-for-development-growth-services-and-infrastructure-services\/\" target=\"_blank\">Toronto City Council appoints new Deputy City Managers for Development &amp; Growth Services and Infrastructure Services<\/a>\u00a0(City of Toronto)<\/p>\n<p><a rel=\"nofollow noopener\" href=\"https:\/\/mailchi.mp\/kga-inc\/dream-inkentertainment?e=387a20108f\" target=\"_blank\">INK Entertainment, in collaboration with Dream, announces the opening of its newest restaurant, Daphne<\/a>\u00a0(Dream Unlimited)<\/p>\n<p><a rel=\"nofollow noopener\" href=\"https:\/\/www.toronto.ca\/news\/toronto-city-council-approves-next-steps-for-long-term-waste-management-plan\/#:~:text=Today%2C%20Toronto%20City%20Council%20approved,waste%2C%20in%20the%20long%20term.\" target=\"_blank\">Toronto City Council approves next steps for long-term waste management plan<\/a>\u00a0(City of Toronto)<\/p>\n<p><a rel=\"nofollow noopener\" href=\"https:\/\/wahi.com\/ca\/en\/learning-centre\/real-estate-101\/buy\/wahi-top-real-estate-stories-12\/\" target=\"_blank\">The Latest Rate Hike and How Much You Need to Live in Canada\u2019s Urban Centres<\/a>\u00a0(Wahi)<\/p>\n<p><a rel=\"nofollow noopener\" href=\"https:\/\/mailchi.mp\/kga-inc\/mabellearts-breaks-ground-with-historic-neighbourhood-celebration?e=387a20108f\" target=\"_blank\">MABELLEarts breaks ground on Canada\u2019s first park designed by and for a low-income community, with historic neighbourhood celebration featuring Little Amal parade.<\/a>\u00a0(MABELLEarts)<\/p>\n<p><a rel=\"nofollow noopener\" href=\"https:\/\/www.toronto.ca\/news\/toronto-city-council-approves-new-bikeways-to-connect-and-renew-safe-cycling-routes-across-the-city\/#:~:text=%E2%80%9CThere%20is%20a%20critical%20need,to%20move%20around%20our%20city.%E2%80%9D\" target=\"_blank\">Toronto City Council approves new bikeways to connect and renew safe cycling routes across the city<\/a>\u00a0(City of Toronto)<\/p>\n<p><a rel=\"nofollow noopener\" href=\"https:\/\/cms.rescon.com\/media\/Newsletters\/2023\/June%202023.pdf\" target=\"_blank\">RESCON Publishes June Newsletter<\/a>\u00a0(RESCON)<\/p>\n<p><a rel=\"nofollow noopener\" href=\"https:\/\/mailchi.mp\/kga-inc\/forma-groundbreaking?e=387a20108f\" target=\"_blank\">Architectural icon Frank Gehry joins development group to celebrate start of construction at Forma, Toronto\u2019s most anticipated condominium residence<\/a>\u00a0(Great Gulf)<\/p>\n<p><a rel=\"nofollow noopener\" href=\"https:\/\/www.toronto.ca\/news\/city-council-courts-pickleball-with-expansion-projects-across-toronto\/\" target=\"_blank\">City Council courts Pickleball with expansion projects across Toronto<\/a>\u00a0(City of Toronto)<\/p>\n<p><a rel=\"nofollow noopener\" href=\"https:\/\/urbantoronto.ca\/forum\/threads\/toronto-28-eastern-45-4m-12s-alterra-teeple-architects.26084\/post-1959082\" target=\"_blank\">Alterra and Robert Cooper, CEO, Appoint Stuart Wilson as new Company President<\/a>\u00a0(Alterra Group of Companies)<\/p>\n<\/div>\n<p><script>\n!function(f,b,e,v,n,t,s){if(f.fbq)return;n=f.fbq=function(){n.callMethod?\nn.callMethod.apply(n,arguments):n.queue.push(arguments)};if(!f._fbq)f._fbq=n;\nn.push=n;n.loaded=!0;n.version='2.0';n.queue=[];t=b.createElement(e);t.async=!0;\nt.src=v;s=b.getElementsByTagName(e)[0];s.parentNode.insertBefore(t,s)}(window,\ndocument,'script','\/\/connect.facebook.net\/en_US\/fbevents.js');\nfbq('init', '1760257484204295');\nfbq('track', \"PageView\");<\/script><br \/>\n<br \/><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-5143531171910809\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- News - Bottom -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-5143531171910809\"\r\n     data-ad-slot=\"8320848692\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><a href=\"https:\/\/urbantoronto.ca\/news\/2023\/06\/urbantoronto-industry-updates-remaxs-commercial-real-estate-report-cafeto-and-bidding.52930\" rel=\"nofollow noopener\" target=\"_blank\">This article was originally posted at Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>UrbanToronto industry updates share relevant news, events, and changes that impact\u00a0the real estate and building industries in Toronto.\u00a0 In today&#8217;s &#8230; <a title=\"UrbanToronto Industry Updates: REMAX&#8217;s Commercial Real Estate Report, CafeTO, and Bidding Wars on the Rise\" class=\"read-more\" href=\"https:\/\/essential.construction\/news\/urbantoronto-industry-updates-remaxs-commercial-real-estate-report-cafeto-and-bidding-wars-on-the-rise\/\" aria-label=\"Read more about UrbanToronto Industry Updates: REMAX&#8217;s Commercial Real Estate Report, CafeTO, and Bidding Wars on the Rise\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":18322,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1088],"tags":[],"class_list":["post-18321","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-urban-toronto","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/18321","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/comments?post=18321"}],"version-history":[{"count":0,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/18321\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/media\/18322"}],"wp:attachment":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/media?parent=18321"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/categories?post=18321"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/tags?post=18321"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}