Thursday 20 March 2014

Bay Adelaide Displaying Some New (to Toronto?) Construction Techniques

The New Bay Adelaide Tower which is currently under construction in the financial district of Toronto seems to be displaying some new techniques, which I have never seen before, including the use of mobile offices/washrooms/changerooms/cafes that will actually move up with the steet superstructure as the building is constructed it's full 200 meters. So I actually got a picture of this the other day and have posted it below for you to see, and I think it's an interesting bit of construction tech.


Emerging in the Toronto Area
A few new trends to watch out for in the Toronto area when it comes to buying homes as well as buying condos. When it comes to buying homes, the latest tactic is to put a property which had previously been listed on the MLS system, on a bidding site, or list through an auction house to get buyers, sending the price of single detached homes soaring.

As for condos the latest buying technique is the new trend with regards to micro housing, or micro condo living. And we’re seeing now, specifically designed condos to meet that purpose. Another new trend to look out for is the lack of supply in the purpose built rental housing market in Toronto. Even as new condos come online there remains a shortage of apartments built specific to that purpose, so condo rentals have increased even as vacancy climbs, rentals rates do as well.



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