All you need to know regarding the housing market in Toronto, Canada and abroad.
This week in Toronto: How to walk through a condo before it even exists, will CBC be bidding farewell to their iconic headquarters, and how to win big in small claims court.
Elsewhere: First-time home buyers hurry to Surrey, Google drops their pin on Detroit investment properties, and Dubai proves if you don't have it, you can dig it.
Doing the deal with augmented reality (Toronto Star)
That’s just the start. The Lanterra AR app enables brokers and buyers to go on virtual tours of suites, experiencing through their tablets or smartphones what it’s like to stand in the middle of a typical suite. Brokers can show clients views from several different floors and peruse the condo’s common areas, including a new 1.6-acre park to be built at the base of 11 Wellesley. And it’s all rendered in 3D.
“We can’t invest in infrastructure that drags us down. We can’t invest our money in bricks and mortar. We have to invest in content,” CBC President Hubert Lacroix may have hinted in a video release Wednesday in anticipation of Thursday’s town hall meeting.
The 25-storey building will be built at 245-251 College, a few buildings west of Lillian H. Smith Library on the south side of the street. The original proposal called for a 45-storey block but, through the course of negotiations, the height was reduced by close to half.