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Right now, SkyTower at One Yonge Street is making headlines across the country. In fact, the developer just announced a massive update for late April 2026.

They are officially releasing the final, highly anticipated suites on the highest floors of the building. These units were previously held back from the public. As a result, buyers now have a rare chance to own real estate at the very peak of Canada’s tallest residential tower.

The Story Behind the "Held-Back" Floors

Why were these top floors kept secret? Originally, the city approved the SkyTower at 95 storeys. However, the developer later won approval to extend the tower to a record-breaking 106 storeys.

During that extension process, sales for the brand-new upper levels were paused. Now, with the building officially topped off, Pinnacle International is releasing this exclusive inventory. Therefore, the absolute best views at 1 Yonge Street are finally on the open market.

The New Trend: Custom Mega-Suites

With these top floors finally open, a new trend is taking over the Toronto luxury market. Wealthy buyers are snapping up multiple units and combining them.

For example, many buyers are merging suites to create massive, custom homes ranging from 2,500 to 5,000 square feet. Because of this, you get the space of a sprawling luxury mansion, but with the perks and security of a 5-star condo. Furthermore, these mega-suites sit perfectly level with the CN Tower’s observation deck. You simply cannot find a view like this anywhere else in North America.

Five-Star Perks Above the Clouds

Living on the top floors means you also get access to world-class perks. In fact, residents will enjoy 80,000 square feet of lifestyle spaces.

You can swim in the outdoor pool, work out in the massive gym, or relax in the chic lounges. Additionally, the new Le Méridien Toronto Pinnacle Hotel will open on the lower floors this Fall. Consequently, condo residents can enjoy hotel perks like housekeeping and in-room dining. Finally, a luxury restaurant is opening on the 106th floor. You will literally be dining in the clouds.

High Urgency: Move-Ins Start This Fall

This is a high-urgency event. Move-ins begin in Fall 2026. Because of this, these final upper-level suites will sell out very fast.

Once the building opens and the public sees the finished lobbies and amenities, prices will likely jump. Therefore, securing your unit today is a very smart financial move.

Claim Your Place at the Top

Do you want to live at the peak of the Toronto skyline? Time is running out to claim these held-back suites.

Fill out our VIP registration form right here to get the exclusive price list for these final top-floor units. Do not miss your chance to build a custom mega-suite or secure a premier condo at Canada's ultimate address. Register today and prepare to move in this Fall!

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With the FIFA World Cup 2026 just weeks away, a palpable mix of excitement and anxiety is settling over the Downtown Toronto core. For a city that prides itself on being "world-class," the logistical reality of hosting the globe’s biggest sporting event is proving to be a massive stress test for our infrastructure, emergency services, and public spaces.

From a complete reversal on Fan Fest pricing to a surge in police presence at Union Station, the "City of Neighborhoods" is making some high-stakes moves to prepare for an unprecedented summer.


The Union Station Surge: Safety First at the Transit Hub

If you’ve passed through Union Station recently, you’ve likely noticed a few more uniforms. Metrolinx officially announced that, starting in late April 2026, commuters will see a "regular police presence" at Canada's busiest transit hub.

  • The Goal: To boost safety and coordination ahead of a projected surge of half a million additional GO and UP Express riders during the tournament.

  • The Strategy: Paid-duty Toronto Police officers are working alongside Metrolinx special constables to ensure quick response times for the "busy summer travel season."

While some residents welcome the heightened security, it raises a larger question: Is our transit infrastructure physically ready for the crush, or are we just hoping more boots on the ground can manage the inevitable gridlock?

The Paramedic Pivot: Bracing for the 911 Spike

It’s not just transit feeling the pressure. City officials are currently debating a shift toward a regional paramedic model specifically to handle the anticipated spike in emergency calls.

Medical experts have warned that our already stretched healthcare system—already at capacity—could be overwhelmed by a sudden influx of hundreds of thousands of tourists. A regional model would allow for better resource sharing across the GTA, ensuring that a 911 call in the Entertainment District doesn't leave a suburban neighborhood without coverage.


The Fan Fest Drama: Public Space or Profit Center?

The biggest headline of the month belongs to the FIFA Fan Festival™ Toronto. After a fierce public and political backlash, the City of Toronto has officially gone back to the drawing board regarding admission fees.

The Controversy: Originally, city staff proposed a $10 general admission fee to help cover a $9-million budget gap. The logic? Security and crowd control costs had ballooned.

The Reversal: Mayor Olivia Chow and several city councillors pushed back hard, arguing that a promise is a promise: public festivals should be free. As of this week:

  • 80% of tickets will be Free: The city has pivoted to a "Free General Admission" model (though you will still need to book tickets online in advance to manage capacity).

  • The "VIP" Compromise: To fill the $3-million funding hole, the city will offer premium "VIP" packages ranging from $100 to $300 for those wanting an elevated experience.

The festival will run for all 22 days of the tournament at The Bentway and Fort York National Historic Site, hosting up to 20,000 fans per day.


The Big Debate: Is Toronto "Ready"?

As we watch the fences go up and the special constables move in, the debate remains: Is Toronto ready for the World Cup, or are we simply trying to build the plane while flying it?

Between inaccessible venue locations like Rebel (which recently saw a "traffic snarl" nightmare during a launch event) and a transit system already "plagued by aging infrastructure," the margin for error this summer is razor-thin.

What do you think? Should the city be charging for Fan Fests to cover the bill, or is free public access the only way to ensure the World Cup actually belongs to the people of Toronto?

Looking to stay in the heart of the action? Explore the latest listings and neighborhood guides for Downtown Toronto real estate to see how the city is evolving.

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With recent updates to federal and provincial housing rebates, there is a lot of excitement—and a fair amount of confusion—regarding who actually qualifies. The government’s primary goal is to stimulate new construction and move existing inventory, meaning these incentives are strictly forward-looking.

To help you determine if you are eligible for these savings, we’ve broken down the most common questions we receive regarding Agreement of Purchase and Sale (APS) dates, investor eligibility, and anti-avoidance rules.


1. Does the rebate apply to homes purchased several years ago that haven't closed yet?

The Short Answer: No.

If you signed an APS with a builder in 2022, 2023, or any time prior to the new cut-off dates (March 20, 2025, or April 1, 2026, depending on the specific program), these new rebates do not apply to you.

The intention of both the federal and provincial governments is to encourage new sales and construction. Because your agreement was signed before these dates, your purchase is considered part of the "old" inventory and does not qualify for the enhanced rebate amounts.

2. Can I qualify for the rebate if I am an investor?

The Short Answer: Yes!

There is good news for those looking to expand their real estate portfolio. If you sign an agreement between April 1, 2026, and March 31, 2027, the expanded provincial rebate applies to properties purchased for investment purposes. This is a significant shift designed to keep the rental housing market moving.

3. Can I cancel my "old" APS and sign a new one for the same property to get the rebate?

The Short Answer: Absolutely not.

You may be tempted to "reset" your contract to take advantage of better terms, but the government has already accounted for this. Under federal anti-avoidance measures (which the province is expected to mirror), if an original agreement entered into before the eligibility date is canceled and replaced with a new agreement for the same property, the rebate will be firmly disallowed.

These rules are strictly enforced to prevent "gaming" the system and ensure the funds go toward genuinely new transactions.

4. Can I buy a property through an assignment sale to qualify?

The Short Answer: No.

If you purchase a property via assignment (taking over a contract from an original purchaser) after April 1, 2026, it does not reset the clock for rebate eligibility.

The Canada Revenue Agency (CRA) bases eligibility on the date the original agreement was signed between the builder and the initial purchaser (the Assignor). If that original contract pre-dates the March 20, 2025, or April 1, 2026, cut-offs, the property remains ineligible for the enhanced rebates, regardless of when you took over the contract.

Summary of Eligibility Dates

CategoryAPS Signing WindowMax Potential Rebate
First-Time BuyersMarch 20, 2025 – Dec 31, 2030Full 13% (up to $130k)
Investors/GeneralApril 1, 2026 – March 31, 2027Full 13% (up to $130k)
Pre-existing APSSigned before March 20, 2025Standard $24k max (if eligible)

Key Takeaway

The new rebate landscape is designed to reward new buyers and investors who enter the market during the specified eligibility windows. If you are planning a purchase, timing is everything.

Planning to buy or invest? Make sure you speak with a qualified tax professional or real estate expert to ensure your Agreement of Purchase and Sale aligns with the current rebate requirements.

Ready to Maximize Your Housing Savings?

Navigating the New HST Rebate rules can be complex, and a single mistake in your APS timing could cost you thousands. Don't leave your tax savings to chance.

Contact Our Real Estate Experts Today for a personalized consultation on your next purchase. We’ll help you review your APS and ensure you’re positioned to take full advantage of the latest government incentives.


Disclaimer: This guide is for informational purposes only and does not constitute financial, legal, or tax advice. Government programs are subject to change. Consult a real estate lawyer or tax professional regarding your specific situation before signing any real estate contracts.

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The wait for Canada’s most ambitious residential landmark is almost over. As of April 2026, SkyTower at One Yonge Street has officially topped out at its record-breaking 106 storeys. With the structural work complete, the developer's focus has shifted from pouring concrete to the meticulous interior finishing of the luxury suites and common areas.

For pre-construction buyers, savvy investors, and future tenants, the most important question now is: When can I actually move in?

The developer, Pinnacle International, has officially targeted Fall 2026 for the commencement of residential occupancy. However, moving into a "supertall" skyscraper at a world-class address like One Yonge Street is a massive, highly coordinated operation. Here is what you need to know about the phased move-in process.


The Phased Occupancy Process: Lower Floors First

In a 106-storey building, occupancy happens in stages to ensure safety and manage elevator traffic effectively.

  • The Early Wave (Fall 2026): Move-ins will begin with the lower residential portion of the tower. Residents up to the 56th floor are expected to be the first to receive their keys and call One Yonge Street home.

  • The Hotel Component: The Le Méridien Toronto Pinnacle Hotel, which occupies the first 10 floors of the podium, is also slated to open this fall, providing immediate concierge services and high-end energy to the building's base.

  • The Upper Tiers: Residents in the mid-to-high sections and the ultra-exclusive SkyVilla Collection (floors 100–104) will follow in subsequent phases as final inspections are completed for the upper levels of the tower.

The Final Countdown: Inspections & PDI

Before you officially register your address at One Yonge Street, every unit must pass a rigorous quality control process:

  1. The PDI (Pre-Delivery Inspection): A few weeks before your confirmed move-in date, you will be invited to your unit for a PDI. This is your chance to walk through with a builder representative, test the top-of-the-line appliances, and identify any minor "deficiencies" that need to be corrected before final closing.

  2. Municipal Occupancy Permit: The City of Toronto must issue an occupancy permit for specific blocks of floors. This confirms that all life-safety systems—including high-speed elevators, fire alarms, and sprinklers—are fully functional.

The PATH Connection: Winter-Proofing Your Life

A defining feature of the One Yonge Street master-planned community is its direct connection to the Toronto PATH.

  • Phase 1 Activation: Upon initial occupancy this fall, the underground connection to the existing PATH network and Union Station is expected to be activated.

  • The Benefit: Residents moving in this fall will be able to walk from their front door at One Yonge Street to the Financial District, Scotiabank Arena, or the Eaton Centre entirely indoors—just in time for the first Toronto winter.


2026 Market Watch: The Rental & Resale Surge

With the move-in date now in sight, the secondary market for Canada's tallest building is heating up.

  • For Tenants: If you are looking to rent at Toronto's most prestigious new address, expect listings to start appearing in late Summer 2026.

  • For Buyers: If you missed the original launch, [assignment sales]([INSERT LINK TO ASSIGNMENT PAGE]) are your final opportunity to secure a unit at One Yonge Street before the building officially registers and shifts to traditional resale pricing.

The "tallest building in Canada" title is no longer a future promise—it’s a Fall 2026 reality. Visit oneyongeskytower.com to register now!

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Let’s face it: breaking into the Toronto real estate market as a First-Time Home Buyer (FTHB) is tough. But if you’re looking at pre-construction or newly built homes, the landscape just shifted massively in your favor.

New federal and provincial tax rebates have been introduced that significantly improve the affordability of new builds compared to resale homes. By reducing the effective purchase price, these rebates can even improve your mortgage qualification outcomes under the stress test.

Here is everything you need to know about the new 2026 HST rebates—and what they mean for your wallet.

1. The Federal FTHB GST Rebate: Up to $50,000 in Savings

The Federal Government has officially approved Bill C-4 to exempt the 5% GST on new homes for First-Time Home Buyers.

  • Homes under $1 Million: The 5% GST is completely eliminated. This is a savings of up to $50,000 on the purchase price!

  • Homes between $1M and $1.5M: You receive a prorated portion of the 5% GST on a sliding scale.

  • Homes over $1.5M: No federal rebate applies.

2. The Provincial FTHB PST Rebate: Up to $80,000 in Savings

Ontario announced its intention to mirror the Federal rebate, which was passed into law on March 12th, 2026. While the final provincial details are still being ironed out, the proposed relief is massive.

  • Homes under $1 Million: Relief of the full 8% PST for FTHBs (up to $80,000).

  • Homes between $1M and $1.5M: A prorated portion of the 8% PST.

(Note: Ontario is also proposing a temporary expansion of a full 13% HST relief up to $130,000 for agreements signed between April 1, 2026, and March 31, 2027, which even includes repeat buyers and investors!)

Let's Look at the Math: "Show Me The Money"

Tax percentages can be hard to visualize, so let's look at two real-world examples of how these combined rebates work:

Scenario A: Buying a $700,000 Home If you purchase a $700,000 home as a FTHB today, here is what your tax relief looks like:

  • Legacy HST Rebate: $24,000 (already included in the sticker price)

  • New Federal FTHB Rebate: $32,035.40 back

  • New Provincial FTHB Rebate: $27,256.64 back

  • Total Tax Relief: $83,292.04

Scenario B: Buying a $1,200,000 Home Because this home is over $1 million, the rebates are prorated on a sliding scale.

  • Legacy HST Rebate: $24,000 (already included in the sticker price)

  • New Federal FTHB Rebate: $41,681.42 back

  • New Provincial FTHB Rebate: $42,690.27 back (Presumed calculation)

  • Total Tax Relief: $108,371.69

Do You Qualify?

To take advantage of these massive savings, you must meet strict criteria:

  • You must be 18+ and a Canadian citizen or permanent resident.

  • You must be a true FTHB (neither you nor your spouse/partner have owned a home you lived in during the last 5 years).

  • The home must be your primary residence, and you must be the first occupant.

  • The Agreement of Purchase and Sale (APS) must be signed on or after March 20, 2025, and before the end of 2030.

🚨 Warning: Don't Try to "Game" the System 🚨

The CRA has strict anti-avoidance measures in place.

  • No Do-Overs: You cannot cancel an old agreement and sign a new one to qualify. Your rebate will be firmly disallowed.

  • Assignment Sales Don't Reset the Clock: Buying an assignment sale after April 1, 2026, does not qualify you if the original purchaser signed the contract with the builder before the eligibility dates.

How to Apply

If you sign an agreement between March 20, 2025, and March 31, 2026, you will likely need to pay the taxes upfront on closing and apply for the refund yourself through the CRA using Form GST190 and Form RC7190 ON. If you sign after April 1, 2026, you may be able to negotiate a clause where the builder handles the rebate on your behalf, reducing your balance directly on closing!

Ready to start your new home search? Navigating pre-construction contracts and tax rebates requires expert guidance. Contact the RE/MAX Plus City Team today to find out how much you can save on your first home. Visit us at www.remaxpluscity.com.

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As of April 2026, the concrete has been poured for the 106th floor of SkyTower at Pinnacle One Yonge. While the news is buzzing about the record-breaking 351.4-metre height, smart investors are looking at a much more important metric: The elimination of structural risk.

If you’ve been watching the Toronto skyline from the sidelines, the game has just changed. Here is why the "Topping Off" milestone is the most important signal for buyers and why the next six months will see a surge in assignment sale activity.

1. From "Paper" to "Pinnacle": The Risk-Value Pivot

In pre-construction, the highest risk period is between the first shovel in the ground and the topping-off ceremony. This is when delays, structural hurdles, and financing questions live.

With SkyTower reaching its final height, that risk has effectively evaporated. The building is a physical reality. Historically, once a "supertall" skyscraper tops off, we see a secondary price jump. Buyers who were too nervous to buy "air" three years ago are now willing to pay a premium for a building they can see, touch, and measure against the CN Tower.

2. The "Main Pod" Comparison: A New Perspective on Luxury

The "Skyline is Now Set" isn't just a catchphrase—it’s a lifestyle reality. Standing at the peak of SkyTower today, you are looking directly across at the CN Tower’s main observation deck. This creates a unique psychological tier for Toronto real estate. You aren't just buying a condo; you are buying a seat at the table of North America’s elite residential landmarks. This "altitude prestige" is exactly what drives long-term resale value in global hubs like New York’s Billionaires’ Row or Dubai’s Burj Khalifa.

3. The Phase 3 Ripple Effect: Why "Phase 2" Just Became More Valuable

Now that SkyTower (Phase 2) has reached its peak, the spotlight is shifting to the South Block—Phase 3. The recent reimagining of Phase 3 to include two additional supertall towers (80 and 85 storeys) means that the One Yonge master-planned community is officially becoming a "city within a city."

For current SkyTower owners, this is great news. Phase 3 will bring:

  • Enhanced Commercial Infrastructure: New high-end retail and dining at your doorstep.

  • Increased Density: Higher demand for the "original" supertall landmark of the community.

  • Price Floor Support: New units in Phase 3 will likely launch at a significantly higher price-per-square-foot than SkyTower's original launch, instantly raising the "floor" for your property's value.

4. The Move-In Countdown

With the "skin" (the glass curtain wall) now rapidly chasing the concrete to the top, we are entering the interior finishing stage. For those looking to move into the downtown core by 2027/2028, the window to secure an assignment sale before the final occupancy price hike is closing.

The bottom line: SkyTower is no longer a promise; it is a 106-storey landmark. Whether you are looking for a trophy asset or a high-yield rental, the "Topping Off" is your signal that the vision is a reality.

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The Greater Toronto Area (GTA) housing market in March 2026 reflects a landscape shaped by both uncertainty and emerging opportunity. Whether you're looking to buy, sell, or simply keep a pulse on the local economy, understanding the nuances of today's market is crucial. Based on the latest insights from the RE/MAX PLUS CITY TEAM, here is a breakdown of what you need to know.

The Buyer’s Dilemma vs. Pent-Up Demand

Right now, ongoing global and economic events continue to weigh heavily on buyer sentiment. Concerns around supply chains, the rising cost of living, and broader economic uncertainty have prospective buyers questioning what to believe. For some, committing to a five-year mortgage FREE MORTGAGE CALCULATOR remains a significant challenge—particularly when employment outlooks feel less certain and negative headlines persist. As a result, many buyers remain on the sidelines, wondering whether home values and sales activity will continue to decline or whether today's conditions represent a window of opportunity.

However, the tide might be starting to turn. Signs of pent-up demand are becoming increasingly evident. More buyers, especially in the low-rise segment, are actively researching the market, educating themselves, and positioning to take advantage of improved affordability. This is translating into increased inquiries and a gradual rise in offer activity—particularly in neighbourhoods with historically strong demand and limited supply.

Tightening Inventory in the Low-Rise Segment

If you are looking at detached, semi-detached, or townhomes, you might be surprised by the current inventory levels. Here is what the data shows for the low-rise segment:

  • Sales were down 4% year-over-year.

  • New listings declined by 16%, marking the second consecutive month of declining inventory.

  • While many anticipated more homeowners would enter the market amid affordability discussions, this trend was not widely expected.

  • Instead, many sellers appear to be waiting for stronger conditions before listing their homes.

  • This dynamic—higher sales alongside fewer new listings—resulted in tighter resale market conditions compared to last year.

The Condo Market Shift: From Unsold to Rentals

Much has been reported about elevated inventory levels in the condominium market and developers slowing or pausing new construction until existing supply is absorbed. However, an important and often underreported trend is emerging: a significant number of unsold condominium units are being absorbed in bulk and converted into rental housing.

One major example is the GTA Rental and Affordable Housing Initiative, a fund expected to be capitalized with a minimum of $1.3 billion. This initiative aims to acquire newly completed unsold units across the GTA and convert them into long-term rentals.

  • Approximately 2,200 units are expected to be converted.

  • This includes around 550 affordable units protected through title-based agreements.

  • These affordable units will be priced at the lower of 25% below market rent or 30% of median household income.

While this initiative supports rental supply and affordability in the short term, it may reduce future ownership supply. Ultimately, this pipeline tightening could place upward pressure on prices over time as fewer new projects are launched and more existing units transition to rental use.

Government Policy and the Wait for Relief

There have also been positive policy developments recently. Announcements from federal and provincial governments regarding HST and development charge relief represent meaningful affordability initiatives designed to stimulate new home construction and sales activity. MORE INFO ABOUT HST + FREE ELIGIBILITY CALCULATOR

However, there has not yet been clear evidence that these savings are being passed on to buyers, and the industry has not seen these incentives reflected in end pricing to date. The hope remains that builders will ultimately pass these savings on, further supporting housing affordability and market momentum.

Takeaways for Buyers and Sellers

The overall market may appear measured, but micro-markets with tight supply and consistent demand are already demonstrating stronger activity.

  • For Sellers: Success in today’s environment is increasingly tied to accurate pricing, strong presentation, and an understanding of neighbourhood-specific dynamics, rather than relying on broader GTA averages.

  • For Buyers: The result is a market where uncertainty still exists—but so does opportunity. As we move further into the spring market, there is growing confidence among buyers that prices are stabilizing and may not decline significantly from current levels. Many buyers are no longer standing still; they are preparing, learning, and selectively acting.

If you're looking to navigate these tight micro-markets or have questions about the shifting condo landscape, reach out remaxpluscity.com

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Welcome to the 2026 Toronto real estate market. For years, breaking into the housing market felt like an impossible math problem. You saved the down payment, but the sky-high monthly carrying costs and the strict mortgage stress test kept you locked out.

But with the federal government's recent overhaul of mortgage regulations, first-time buyers have been handed a massive new advantage.

By expanding the 30-year mortgage amortization to include all first-time homebuyers purchasing resale properties—not just new builds—the math has officially shifted. This single policy change can drop your monthly mortgage payment by roughly 9%, instantly transforming how you shop for your first condo or townhome.

Here is a straightforward breakdown of the new rules, the hard numbers, and what it means for your homeownership journey in Toronto.


The New Rule: 30 Years for Everyone

Historically, if you had less than a 20% down payment (requiring a high-ratio insured mortgage), you were strictly capped at a 25-year amortization. This meant your loan had to be paid off in 25 years, resulting in steep monthly payments that disqualified many young buyers.

The recently expanded rules completely changed the landscape:

  • The Expansion: All first-time homebuyers can now access a 30-year amortization, regardless of whether they are buying a brand-new pre-construction unit or a 20-year-old resale condo.

  • The Down Payment: You still only need a minimum 5% down payment (on the first $500,000) to qualify.

  • The Goal: Stretching the loan over an additional five years shrinks your required monthly payment, making it easier to pass the stress test and comfortably afford your carrying costs.


The Math: Breaking Down the 9% Drop

How much does five extra years actually save you month-to-month? Let’s look at a realistic scenario for a Toronto starter home.

Imagine you are buying a $600,000 entry-level condo or townhome. You have a 10% down payment ($60,000), meaning you need a $540,000 mortgage. Let's assume a fixed interest rate of 5%.

Amortization PeriodMonthly PaymentMonthly Savings
25 Years$3,141-
30 Years$2,882$259

By extending your amortization to 30 years, your payment drops by roughly 8.5% to 9%. That is nearly $260 back in your pocket every single month.


Why This Makes Starter Condos and Townhomes Viable

A $260 monthly reduction might not sound like lottery money, but in the Toronto real estate market, it is often the difference between a mortgage approval and a rejection. Here is why this matters:

  • Easier Stress Test Qualification: Lenders look at your Gross Debt Service (GDS) and Total Debt Service (TDS) ratios. Because your required monthly payment is lower, the income required to qualify for the mortgage drops. You can now qualify for a larger purchase price with the exact same salary.

  • Breathing Room for Condo Fees: For first-time buyers eyeing the condo market, monthly maintenance fees are the ultimate budget killer. The 9% drop in your mortgage payment perfectly offsets a typical $250 to $350 monthly condo fee, making that starter unit viable again.

  • Day-to-Day Cash Flow: That extra buffer helps cover Toronto's high cost of living, property taxes, or utility bills, keeping you from becoming "house poor" the moment you get the keys.


The Reality Check: The Cost of Time

While lower monthly payments are a massive win for getting your foot in the door, we need to be completely candid about the trade-off.

The longer you take to pay off a loan, the more interest you pay to the bank. Over the full 30-year lifespan of the mortgage, that extra five years means tens of thousands of dollars in additional interest.

However, you are not locked into 30 years forever. As your career advances and your income grows, you can take advantage of prepayment privileges. You can increase your monthly payments, drop annual lump sums onto your principal, or refinance to a shorter amortization down the road. The 30-year rule is a strategic stepping stone to get you into the market today; it does not have to be a life sentence.


Your Next Move

The expanded 30-year amortization rule has leveled the playing field for Toronto's first-time buyers. That resale townhome in Etobicoke or starter condo in Scarborough that was just out of reach last year might now fit perfectly into your budget.

If you have been sitting on the sidelines, it is time to rerun your numbers. Reach out to a mortgage professional, get pre-approved under the new 30-year guidelines, and start exploring the market with your new purchasing power.

Visit and contact remaxpluscity.com for more info!

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SkyTower Reaches 106 Storeys: The April 2026 Update for 1 Yonge Street

SkyTower at One Yonge Street has officially reached its peak. Standing at a record-breaking 351.4 metres (1,153 ft), the tower is now officially topped off. Because of this, it has claimed its title as the tallest residential building in Canada.

If you look at the Toronto skyline today, the SkyTower stands above the rest. In fact, its highest floors sit perfectly in line with the CN Tower's main observation deck.

What "Topped Off" Means for the Skyline

What exactly does "topped off" mean? It means the concrete structure has reached its final 106th floor. Construction crews have finished building the sky-high frame. Next, the striking glass exterior will cover the remaining top floors.

Furthermore, the views from these upper levels are truly unmatched. They easily clear every other condo building in the city. Consequently, SkyTower is now the city's most famous modern landmark.

Preparing for Fall 2026 Move-Ins

While the outside looks almost finished, the inside is buzzing with action. Crews are working hard to prepare for Fall 2026 move-ins.

Right now, teams are installing sleek, modern kitchens. They are also fitting the spa-inspired bathrooms with premium tiles and luxury fixtures. As a result, these stunning suites are finally coming to life. In just a few short months, the first residents will walk through the lobby doors. They will experience the ultimate luxury lifestyle right on the water.

The Connected Waterfront Lifestyle

Living at 1 Yonge Street offers more than just incredible heights. It provides a complete, connected lifestyle.

For example, residents will enjoy a direct link to the underground PATH system. Because of this, you can walk to Union Station or the financial district without ever stepping outside in the winter. Additionally, the building features the exclusive Le Méridien hotel on the lower levels. You can easily book a 5-star room for visiting family or friends. Finally, the true crown jewel is the public restaurant planned for the 106th floor. It will offer dining above the clouds with sweeping views of Lake Ontario.

Your Final Chance to Buy

Because the building is topped off, time is running out. This is your final chance to buy a suite before the doors open. Once a building is fully finished, real estate prices often rise. Therefore, securing your home now is a smart move.

Buyers still have a few incredible options left. You can choose from the Signature, Landmark, Vista, or the ultra-private SkyVilla collections. Every single suite offers large windows, open layouts, and access to over 80,000 square feet of lifestyle perks.

Take Action Today

Do you want to live at Canada’s top address? You still have time to secure your place at 1 Yonge Street.

Fill out the registration form on our website today. We will send you the final price list, available floor plans, and VIP access details. Do not miss your chance to live above the clouds. Register now and get ready to move in this Fall!

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Best Websites to Find Power of Sale Listings in Toronto (2026 Guide)

Finding a Power of Sale (POS) property in Toronto requires a specialized approach, as these distressed listings are often masked by standard marketing language or move quickly through exclusive channels. In 2026, the "mortgage renewal cliff" has caused a significant surge in these listings, particularly in the GTA.

If you are looking for the most direct and updated access to these properties, here are the best websites to find Power of Sale listings in Toronto.


1. Power of Sale Plus (Highly Recommended)

For the most comprehensive and up-to-the-minute database, PowerOfSalePlus.ca is currently the premier resource for Ontario distressed real estate.

  • The Edge: Unlike general aggregate sites, this platform specializes exclusively in Power of Sale, bank-owned, and estate sales. It pulls the latest listings that are often missed by traditional search filters, providing a "first-look" advantage for investors and buyers.

  • Why it matters in 2026: With inventory rising in areas like Brampton and the downtown core, having a dedicated feed like PowerOfSalePlus.ca allows you to filter specifically for properties where lenders are mandated to sell, often leading to more aggressive negotiation opportunities.

2. Realtor.ca (The Official Source)

As the official MLS portal, almost every Power of Sale property eventually lands here. However, they are rarely labeled as "Power of Sale" in the headline.

  • How to Search: Use the "Keywords" filter and type in phrases like "Power of Sale," "As-Is," or "Schedule B." * The Catch: Only about 30% of POS properties use these exact keywords in the public description, so you may miss a significant portion of the market.

3. HouseSigma

HouseSigma is invaluable for Power of Sale hunters because of its sold history data.

  • The Edge: You can see if a property was previously listed and failed to sell, which often precedes a Power of Sale. It also tracks price drops—a major indicator of a motivated lender-seller.

  • Pro Tip: Look for listings that have been "Terminated" and then "Re-listed" by a different brokerage; this is a common sign that a lender has taken over the file.

4. Specialized Brokerage Sites (e.g., Realsav or Valery)

Certain brokerages in the GTA specialize in distressed assets and maintain their own internal "Hot Lists." These sites often provide deeper context on the legal status of the sale that you won't find on a standard map search.


Comparison of Search Methods

MethodBest ForSpeedAccuracy
PowerOfSalePlus.caDistressed-only listings & Expert InsightsFastestHighest
Realtor.caVerified MLS dataModerateLow (filters are limited)
HouseSigmaComparative market analysisModerateHigh (for sold data)
Manual Agent SearchOff-market & unlisted POSSlowHigh

How to Spot a Power of Sale Without the Label

Lenders are legally required to try and get "fair market value," so they often try to make the listing look like a standard sale. Watch for these "Red Flags":

  1. "Sold As-Is, Where-Is": The biggest giveaway. Lenders will not guarantee the condition of the appliances, roof, or basement.

  2. Missing Interior Photos: If the listing only shows the exterior or has very few, poor-quality photos, it’s likely the lender hasn't gained full access to the property yet.

  3. Requirement of "Schedule B": If the listing mentions that a "Schedule B must be attached to all offers," this is the legal document that protects the lender during the sale.

The "Pro" Move for 2026

In a fast-moving market, the "Power of Sale" label is sometimes removed by agents to prevent lowball offers. To ensure you aren't missing out, the best strategy is to bookmark a specialized feed like PowerOfSalePlus.ca and check it daily. When a bank wants their money back, timing is everything.

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Understanding the SkyTower Floor Plans: Which Collection is Right for You?

SkyTower at One Yonge Street is officially Canada's tallest residential building. Because of this, buyers are rushing to secure their suites before the Fall 2026 move-ins begin.

Are you looking at the SkyTower floor plans but feeling unsure of where to start? In fact, picking the right home is easy when you understand the four unique collections. Each tier offers a different lifestyle and viewpoint. Let's break down each option to help you decide.

1. The Signature Collection (Floors 14–82)

Best for: Young professionals, urban couples, and smart investors.

Do you want everyday luxury and great value? Then, the Signature Collection is a perfect choice. Located on floors 14 through 82, these suites offer stylish, modern designs.

For example, you get bright open layouts, sleek kitchens, and chic bathrooms. Furthermore, this tier is ideal for buyers who want fast elevator access to the 80,000 square feet of building perks. You are just a quick ride away from the gym, pool, and the direct PATH connection.

View Signature Floor Plans →

2. The Landmark Collection (Floors 83–88)

Best for: Discerning buyers seeking upgraded details and higher elevations.

Are you looking for elevated views and premium details? If so, the Landmark Collection is exactly what you need.

Spanning floors 83 to 88, these homes offer upgraded finishes and larger living spaces. Consequently, they are perfect for buyers who want a bit more prestige. Living in the Landmark Collection means you will wake up every day to sweeping views of Lake Ontario and the busy downtown skyline.

View Landmark Floor Plans →

3. The Vista Collection (Floors 89–99)

Best for: Luxury buyers who love to entertain with a view.

Do you want to live near the absolute top of the city? The Vista Collection sits incredibly high up on floors 89 to 99.

Therefore, it provides clear, breathtaking views of the Toronto waterfront that very few buildings can offer. These expansive layouts are built for people who love a spacious home. As a result, this collection is highly sought after by top-tier buyers at 1 Yonge Street.

View Vista Floor Plans →

4. The SkyVilla Collection (Floors 100–104)

Best for: Elite buyers seeking the ultimate private estate.

Are you seeking the highest level of privacy and luxury? The SkyVilla Collection occupies the highest residential floors in Canada.

Because of this, living here means your home sits perfectly level with the CN Tower observation deck. These ultra-private suites offer custom details, soaring ceilings, and endless views above the clouds. In short, it is the absolute peak of Toronto luxury real estate.

View SkyVilla Floor Plans →

Secure Your Floor Plan Today

Move-ins begin this Fall 2026. Therefore, time is quickly running out to pick your ideal layout.

Do you know which collection is right for your lifestyle? Fill out our registration form today to get the final price list and secure your favorite unit. Do not miss your final chance to own a piece of the sky at Canada's most famous address!

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SkyTower Reaches 106 Storeys: The April 2026 Update for 1 Yonge Street

SkyTower at One Yonge Street has officially reached its peak. Standing at a record-breaking 351.4 metres (1,153 ft), the tower is now officially topped off. Because of this, it has claimed its title as the tallest residential building in Canada.

If you look at the Toronto skyline today, the SkyTower stands above the rest. In fact, its highest floors sit perfectly in line with the CN Tower's main observation deck.

What "Topped Off" Means for the Skyline

What exactly does "topped off" mean? It means the concrete structure has reached its final 106th floor. Construction crews have finished building the sky-high frame. Next, the striking glass exterior will cover the remaining top floors.

Furthermore, the views from these upper levels are truly unmatched. They easily clear every other condo building in the city. Consequently, SkyTower is now the city's most famous modern landmark.

Preparing for Fall 2026 Move-Ins

While the outside looks almost finished, the inside is buzzing with action. Crews are working hard to prepare for Fall 2026 move-ins.

Right now, teams are installing sleek, modern kitchens. They are also fitting the spa-inspired bathrooms with premium tiles and luxury fixtures. As a result, these stunning suites are finally coming to life. In just a few short months, the first residents will walk through the lobby doors. They will experience the ultimate luxury lifestyle right on the water.

The Connected Waterfront Lifestyle

Living at 1 Yonge Street offers more than just incredible heights. It provides a complete, connected lifestyle.

For example, residents will enjoy a direct link to the underground PATH system. Because of this, you can walk to Union Station or the financial district without ever stepping outside in the winter. Additionally, the building features the exclusive Le Méridien hotel on the lower levels. You can easily book a 5-star room for visiting family or friends. Finally, the true crown jewel is the public restaurant planned for the 106th floor. It will offer dining above the clouds with sweeping views of Lake Ontario.

Your Final Chance to Buy

Because the building is topped off, time is running out. This is your final chance to buy a suite before the doors open. Once a building is fully finished, real estate prices often rise. Therefore, securing your home now is a smart move.

Buyers still have a few incredible options left. You can choose from the Signature, Landmark, Vista, or the ultra-private SkyVilla collections. Every single suite offers large windows, open layouts, and access to over 80,000 square feet of lifestyle perks.

Take Action Today

Do you want to live at Canada’s top address? You still have time to secure your place at 1 Yonge Street.

Fill out the registration form on our website today. We will send you the final price list, available floor plans, and VIP access details. Do not miss your chance to live above the clouds. Register now and get ready to move in this Fall!

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This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.