My @TorontoStar column: Critics said multiplexes were madness. It turns out they provide cheaper and larger places to live. (No major parking problems, either!)
With the data they've got, council should have no doubt: sixplexes are the sensible move.
https://t.co/uvXtilYBQP
I met with a condo owner back in November
The most recent comparable sales to her unit sold in the $950K range
Last month, 2 similar units sold in the $850K range
Same layouts in the same building
A $100K drop in value in 7 months 😲
There's a record number of Toronto condominiums on the market right now, and nobody seems to want to buy them. @dzlo discusses what’s behind the recent sales slump. https://t.co/9s5veIFtTt
Shout out to @Taniaatthestar, her amazing and patient digital team, our unflappable editors, gifted designers and eagle-eyed print production staff who brought the #unfairshare series to life today. More of their wonderful work on this topic to come.
Is your property tax fair? Inside a troubling trend hitting some of Toronto’s cheapest homes while many mansions catch a break https://t.co/mZxqqWqE0N via @torontostar
Oooooh, excellent questions! The overassessment we’re seeing in our Toronto database is tied to the most affordable end of the housing market, which tends to be … condos. Are we paying a higher $ amount but lower tax rate relative to our neighbours? Will get back to you on that.
@dzlo The experts! Are properties in Toronto overvalued compared to our neighbours bc of the market here and thus do we pay higher dollar amount but lower percentage? And do condo owners pay more tax compared to freehold?
Maybe instead of raising Toronto property taxes we could just tax mansions based on what they're actually worth today rather than based on faulty underassessments from 2016... Just a thought 🤔...
From @TorontoStar@KenyonWallace@dzlo. #TOpoli#onpoli
https://t.co/WZEzp2y01v
Thanks @alysanmati :) Wonder how many people will guess the correct number of houses it will take for the City of Toronto to make up the shortfall created by a Rosedale mansion that’s been undertaxed by 20 per cent because of its low assessment value … spoiler: it’s in the story
Happy International Women's Day!
We're celebrating women who have changed the world. Here's all of the amazing women who have received the #NobelPrize and their remarkable achievements at the time of the award.
Who are the women who inspire you the most?
#IWD2023
Could not be prouder of my hometown girls hockey club that is making the game more accessible + equitable for athletes of all ages and abilities. This is a great feature by @CBCTheNational on a wonderful moment showcasing first-class sportsmanship.
https://t.co/enlOkNs9sv
This morning:
A homeless man sleeping on the sidewalk had his arm amputated by a heavy truck driving into a construction site. People called 911 but were put on hold and told to leave callback numbers.
If anyone has a more perfect metaphor for life in Toronto right now, LMK