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May 19, 2026
Office-to-residential conversions rarely work. At some point, they may start to.
For much of the post-pandemic period, office-to-residential building conversions have been widely discussed but rarely pursued. In most cases, the concept is quickly dismissed due to the associated cost, complexity and design limitations.
May 19, 2026
Boutique investor group lands 148-unit Toronto rental building near Yonge
Montreal-based investors backed by Highmark Real Estate Group have acquired a Midtown Toronto apartment tower from Minto Apartment Real Estate Income Trust for $90.75 million, in a deal that works out to roughly $613,000 per unit.
May 19, 2026
Wealth management firm inks lease for new office in St Catharines
ScotiaMcLeod, a wealth management entity under the Scotia Wealth Management corporate umbrella, signed a lease to establish a new office location in St Catharines, Ontario.
May 19, 2026
Organic grocer Healthy Planet continues Toronto expansion, closes on Yonge Street retail building
Healthy Planet, one of Canada's fastest-growing health and wellness retail chains, continued its expansion in Toronto with the purchase of a two-level retail building at 2529 Yonge St.
May 18, 2026
Trulite extends industrial lease in Vaughan, Ontario
Trulite Glass and Aluminum Solutions, a manufacturer of architectural aluminum and fabricated glass products, renewed a lease for the 153,244-square-foot warehouse it occupies at 20 Royal Group Crescent in the Vaughan Industrial Park in Vaughan, Ontario.
May 15, 2026
Commercial investment in Toronto region rose 10% in first quarter
Total commercial real estate investment in the Toronto region increased an estimated 10% last quarter compared to the same time in 2025, with the biggest increases in multifamily and office property sales.
May 15, 2026
Honda shifted gears on a new EV plant in Alliston, revealing risk in housing development
New Tecumseth is a fast-growing municipality outside the northern edge of the Greater Toronto Area. Its largest community, Alliston, is anchored by a well-established Honda assembly plant that has underpinned the local economy and, by extension, residential development.
May 14, 2026
Broken retail leases are increasingly the subject of lawsuits as economy flags
With parts of Canada’s economy challenged, some retail tenants in the Toronto area have been struggling to pay rent, and a local lawyer expects the number of landlords that take legal action as a result to increase.
May 14, 2026
Tariffs, war with Iran drive up cost of office upgrades across North America
Global tariffs and the war in the Middle East are combining with elevated demand for high-quality workspace to boost the cost of office build-outs across North America.
May 14, 2026
Jesta bets on Toronto condos with initial bulk buy
A family-owned real estate firm based in Montreal has begun its first push into Toronto’s residential market, buying a bulk condominium portfolio downtown as the opening move in a larger $500 million investment strategy.
May 14, 2026
Direct store delivery firm buys Toronto industrial facility in owner-user deal
RNW Enterprises, a firm that provides direct store delivery services, shelf inventory management, and in-store supply forecasting for baked goods, purchased a single-story industrial property located at 205-215 Dolomite Dr. in Toronto from Quality Chemical Mfg.
May 13, 2026
KingSett-UPP venture targets urban industrial opportunities nationwide
Private equity real estate investment firm KingSett Capital and the University Pension Plan, a jointly sponsored defined benefit pension plan for Ontario university sector employers and employees, have formed a venture to acquire industrial properties in major Canadian markets.
May 13, 2026
Dunkin’ to bring its doughnuts back to Canada
Dunkin’ is preparing a return to Canada after signing a master franchising agreement with Montreal‑based restaurant operator Foodtastic to open hundreds of locations nationwide.
May 11, 2026
Toronto medical school plans new facility with sustainability features
The University of Toronto released drawings of a new research and classroom building at its medical school, a striking property with curved corners and plenty of windows that's set to replace a portion of a structure from the brutalist era of architecture.
May 11, 2026
Toronto region's industrial market poised for demand to return
The Greater Toronto’ Areas industrial market currently has roughly 50 million square feet of space classified as “proposed," a figure that reflects future flexibility rather than near‑term supply pressure.
May 8, 2026
Mark Kenney, CEO of country's largest apartment REIT, to retire
Canadian Apartment Properties Real Estate Investment Trust's C-suite will have a new look this summer.
May 8, 2026
Panattoni buys golf course in Edmonton after selling trio of warehouses
A U.S.-based industrial developer closed on a trio of large Canadian warehouse sales while setting the stage for the redevelopment of a long‑running Edmonton golf course into one of the city’s largest planned industrial parks.
May 8, 2026
Former pro hockey player turned real estate executive scores deals instead of goals
Suiting up for his first NHL game on a Saturday night decades ago at the legendary Montreal Forum — a match broadcast on Hockey Night in Canada no less — was baptism by fire for Scott McLellan. It was also part of a lesson in teamwork that he carries to this day in real estate.
May 7, 2026
Future of Honda's Ontario EV plant unclear amid speculation it's been shelved
Development remains stalled on Honda’s planned electric vehicle plant in Alliston, Ontario, just north of Toronto with its future unclear.
May 7, 2026
Arrow Global, Fortress to purchase CPP's non-performing loans in Europe
Arrow Global Group, the pan-European investment manager in private credit and real estate, struck a deal with Fortress Investment Group to jointly acquire Canada Pension Plan Investments’ remaining stake in its non-performing European loans.