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Hi Reader, Over the past year, I have found myself giving newer and first-time developers the same warning: "Please don't build 4-storey Buildings! That is what our ecosystem is quietly yelling at you!" The main reason this conversation keeps coming up is the changes that have happened over the past couple of years in Toronto planning. Mainly the EHON (Expanding Housing Options in Neighbourhoods) and one of its core tenets, i.e. Major Street permissions. I am not a planner, so I will leave...
New Episode: (57) Mid-Rise Purpose-Built Rental: Underwriting Rent, Absorption, & Exit Risk Mathieu Fleury Founding Partner at Leader Lane Developments, he holds a Master’s in Real Estate Finance from The University of Cambridge in England. Over the last 12 years, with firms such as Loblaw Properties Limited, Great Gulf, and Dream Unlimited, Mathieu has been responsible for financial forecasting and budgeting for over 15,000 residential units and over 7 million sq. ft. of development across...
Hi Reader, In the past few years, EHON and other initiatives have created significant opportunities for real estate development in the City of Toronto. Join us on this free webinar to learn more about the new opportunities resulting from these changes and how to avoid the most common pitfalls that can come with them. In this webinar, we cover: What exactly are EHON and the Major Streets framework enabling? Why mid-rise still remains difficult, even when policy appears supportive? Where are...