BuzzBuzzHome Corp.February 28th, 2011 According to a new report by a Kitchener-based insolvency firm, the average Canadian who files for bankruptcy is 41 years old, a man, and owes about $59,800 to something that isn’t a mortgage. The firm, Hoyes Michalos and Associates, composed a profile of the average debtor by analyzing the approximately 8,000 customers they assisted in 2009 and 2010. His name: Joe Debtor. And the difference between him and the average solvent Canadian? Not much; the report … Read More

BuzzBuzzHome Corp.February 28th, 2011 Here’s a pleasant piece of economic news to help ease you back to work this Monday afternoon: Statistics Canada reported this morning that after a 0.4 percent gain in GDP over the third quarter of 2010, the final quarter saw Canada post a 0.8 percent gain in GDP. The welcome speed up in growth is attributedlargely to a healthy 4 percent rise in exports over the same time period. A Globe and Mail article on the … Read More

BuzzBuzzHome Corp.February 28th, 2011 As you loyal readers know, we here at BBH love to bring you periodic construction updates on all of your favourite new home projects. So with no further ado, here’s the scoop on what’s happening at The Residences at Parkside Village [map] and The Grand Residences at Parkside Village [map] – both of which are being developed by Amacon. Construction at The Residences (which is 85 percent sold, by the way) is well on its way … Read More

Matthew SlutskyFebruary 27, 2011BuzzBuzzHome Can you search real-estate by lifestyle?? I spend a lot of my day online, checking the newest and coolest websites, and trying to stay up-to-date on what is possible in the online real-estate world. I just happened to pass by a new website in beta testing mode, called Wanderfly, and it blew my mind in terms of how people currently search for real-estate and what the online future may look like. Until now, people traditionally searched … Read More

BuzzBuzzHome Corp.February 26th, 2011 A spectacular spiral skyscraper that recently won an architecture competition judged by New York’s Storefront for Art and Architecture may soon grace the skyline of Abu Dhabi. CNN reported this week that Nabito, the Barcelona-based architectural firm that drew up the design, is in negotiations to erect the building in the capital of the United Arab Emirates. Known as the Stairscraper, the design’s defining feature is a sizeable garden on every level. The gardens will be … Read More

BuzzBuzzHome Corp.February 25th, 2011 1. Thunderbird by Edilcan Development Corporation: Grand Opening, Saturday and Sunday, 10am, 1 Valhalla Inn Rd, Etobicoke, ON [map]. 2. City Centre Condominiums by Andrin Ltd: Model Suite Opening, Saturday, 11am, 120 King Street West, Kitchener, ON [map]. 3. Wyndham Place by Vandyk Group of Companies: Preview Appointments, Saturday and Sunday, 11am, Dorval Drive and Rebecca Street, Oakville, ON [map]. 4. Emerald City Condominiums Phase 2 by El Ad Group (Canada) Inc: Grand Opening, Saturday, 12pm, … Read More

BuzzBuzzHome Corp.February 25th, 2011 The Ontario Municipal Board ruled this week that Freed Developments could go ahead with plans to build two condo towers that will surpass height restrictions by almost 60 percent. In what the Globe and Mail called “an unusual twist,” the OMB lauded aspects of the unnamed project’s architectural design. In the same article, published this morning, the Globe quoted an unhappy Councillor Adam Vaughan who said the project “blows the height context out the window. . … Read More

BuzzBuzzHome Corp.February 25th, 2011 It was announced yesterday that some big players from around the world, including Toronto-based FRAM Building Group, are joining up to help develop another large swath of Calgary’s East Village. FRAM and Slokker Real Estate Group, a company headquartered in the Netherlands, will build 800 new one and two-bedroom units on a four-parcel area of land along the Bow River near Fort Calgary. The project will cost an estimated $300 million. Last fall, Embassy Development Corporation, … Read More

BuzzBuzzHome Corp.February 25, 2011 Mady Development Corp and PenEquity Realty Corp, the developers of the much-discussed MarketTown Condominiums [map] project, are teaming up with the Royal Victoria Hospital and Georgian College to further strengthen both those institutions and the wider community. In the Royal Victoria Hospital’s case, for any staff member or volunteer who buys a suite at MarketTown $500 will be donated to the Simcoe-Muskoka Regional Cancer Centre building fund. Announced in 2005, the Cancer Centre, which will be … Read More

BuzzBuzzHome Corp.February 24, 2011 As Vancouver struggles with the legacy of their Olympic Village, the world’s attention has already turned to the host of the next Games: London, England. The summer games in London will get underway on July 27th, 2012, and, as you’d imagine, construction is already well underway on their mammoth Olympic Village. Their Village which will try to turn a trick similar to that of Vancouver’s – that is, turn an under-used industrial area (the Stratford neighbourhood … Read More