Canadian Real Estate Wealth: Planned residential towers in Toronto to reach as high as 92 storeys

Development giant Great Gulf Group has announced plans to construct Canada’s tallest condo towers, which are slated to reach as high as 92 storeys, in Toronto’s entertainment district. The buildings, which are projected to cost over $1 billion in total, were announced despite several indicators that the market appears to be entering a period of relatively subdued activity. Figures from the Toronto Real Estate Board showed that condo sales in the region declined by 30% year-over-year in Q1 2018. Average prices rose by 9% in the same time frame. Read more...


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Mississauga Real Estate Board
3450 Ridgeway Dr #1
Mississauga, ON L5L 0A2, Canada
Phone: 905.608.6732
Fax: 905.608.9988