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Toronto is the centre of this boom, with 17,000 new units being sold in 2005, more than double second place Miami's 7,500 units. [9] Toronto's condo population has grown from 978,125 in 2011 to 1.478 million people in 2016 representing 54.7% of the city population according to Toronto Condo News. [10]
The Tridel Accolade under construction in Toronto, Ontario. Condominiums built by Tridel in Markham, Ontario. Tridel is a major Canadian real estate developer based in Toronto, Ontario. It is the largest builder of condominiums in the Greater Toronto Area. Since being founded in the 1930s it has built some 90,000 homes. [2]
A condominium (or condo for short) is an ownership regime in which a building (or group of buildings) is divided into multiple units that are either each separately owned, or owned in common with exclusive rights of occupation by individual owners.
Burano is a 50 storey, 163 metre tall residential high-rise condominium complex on Bay Street between Grenville St. and Grosvenor St. in the Discovery District of Downtown Toronto, Ontario, Canada. [3] [4] [5] The redevelopment of the site was part of a period of urban renewal of the Toronto financial district in the early 21st century.
The Canadian property bubble refers to a significant rise in Canadian real estate prices from 2002 to present (with short periods of falling prices in 2008, 2017, and 2022). The Dallas Federal Reserve rated Canadian real estate as "exuberant" beginning in 2003. [1]
Aura is a mixed-use skyscraper completed in 2014 in Toronto, Ontario, Canada. [4] It is the final phase of a series of condominium buildings near College Park in Toronto's Downtown Yonge district. It is part of the Residences of College Park project. Construction lasted from 2010 to 2014.
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Starlight Investments is a privately-held Canadian real estate investment and asset management company based in Toronto, Ontario.As of 2024, Starlight owns 70,000 multi-family units (54,000 in Canada [1] and 10,000 in the United States), 8 million square feet of commercial space, and over 600 properties across Canada. [2]
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