02/12/2020
Oxford Properties Group is planning a $3.5 billion (US$2.7 billion) development in downtown Toronto that would be one of Canada’s biggest real estate projects.
The property arm of pension fund OMERS aims to build a 4.3 million-square-foot, mixed-use complex on a 4-acre site that’s just north of Toronto’s Rogers Centre and CN Tower. The development, called Union Park, is the largest ever for Oxford outside of Manhattan’s Hudson Yards, the $25 billion project it’s co-developing with Related Cos.
Plans call for two office towers, of 58 and 48 stories, about 800 rental apartments across two buildings and 200,000 square feet for retail. Three acres will be devoted to public space, including an urban park over the Union Station rail corridor, which spans Blue Jays Way to the John Street Bridge
olo’s real estate market trends, you’ll get real-time data on Grimsby’s housing market. Get real estate stats on average house price, housing inventory, and average days on the market. Our home price data is constantly updated. This report covers sales history between August 05 – September 02 and compares it against the same period last year. In addition to all these real estate statistics, at the end of our report is a list of all cities, ranked based on their home sold price, price growth, days on market, and turnover. This way, not only do you get a comprehensive glimpse of the Grimsby housing market, but you also get to see how it stacks up against other cities. All this information is intended to give you a thorough understanding of both the local Grimsby and the Greater Hamilton area so that ultimately, you’ll be able to make a well-informed decision about where you’d like to live. Enhance your real estate research by combining Zolo’s market report with other MLS® stats, such as the MLS® Home Price Index.
Numbers are based on firm contract dates, not when the transaction is reported or when the contract closes.
A contract is firm when both the home seller and buyer agree to the transaction, however, this may not be reported in a timely fashion. Therefore, transaction reported dates are when the agent submits the sale to their local board. A contract is closed when the transaction actually occurs and the buyers move into the house. Normally, contracts close about 6-8 weeks after a contract is firm, which means the data you’re seeing is reported in real-time.
Data is reported in 4 or 8 week periods.
28 and 56-day periods are used because some months have more weekends than others. This ensures that each period has the same amount of days and weekends so that a like-for-like comparison can be made.
