Everything happening in Toronto real estate this week
Dear reader, Toronto’s tree canopy—a colloquial metric by which environmentalists grade a city’s green bona fides—is top tier. We rank fifth in the world, ahead of New York, London and Paris, with 30 per cent of our land covered in urban forest.
The problem is that, with hundreds of thousands of government-funded housing units on the way, we’re short on public land to reserve for trees. So city hall is now offering free trees to homeowners willing to enlist their lawns and yards in the cause.
I don’t own a house myself, but it seems like a deal that’s too good to pass up: help save the planet while beautifying your neighbourhood and raising your property value. The strategy clearly worked for Curb Appeal’s top post this week, a glass treehouse with a rooftop garden sitting on a corner lot surrounded by parks. It’s currently on the market for $4.4 million.
Also in today’s newsletter: a quirky detached at Yonge and Eglinton that the seller won in a lottery. Plus, how a renter scored a newly built one-bedroom unit in Scarborough. Visit torontolife.com or subscribe to our print edition for all of our real estate coverage and more. |
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| —Barry Jordan Chong, city and real estate editor |
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What house at the foot of Casa Loma would be complete without 3,400 square feet, a corner lot, five parking spots, a wine tower, a dressing room the size of a bachelor pad and a garden on the roof? |
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| Here’s a four-bedroom, five-bathroom home in midtown that was the top prize in the 2023 Princess Margaret Home Lottery. It comes with an elevator, two laundry rooms, a three-tier backyard and four bedrooms. |
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| | In July of 2021, Jasmine was growing tired of her shared student housing. She wanted a one-bedroom rental close to transit and liked the idea of living in Scarborough. With a budget of $2,400, she started her search. |
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| In the latest issue: the expensive, obsessive, addictive quest for a perfect life. Plus, the bone-rattling reality of Ontario Line construction, an old-money-versus-new-money clash in Rosedale, the city’s most drool-worthy home libraries, and more. Still not receiving Toronto Life at home? Subscribe today. |
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