The Real Estate Magazine
Discover. Dream. Indulge.
Step into the world of real estate with unparalleled insights into the international and Toronto markets. Experience cutting-edge design, explore lifestyle trends, and immerse yourself in a curated collection of stories that inspire, inform, and elevate your property passions. Welcome to The Real Estate Magazine – where every detail is crafted to perfection.
Engineering The World's Tallest Building
Engineering the World’s Tallest Building | In this era of megatall skyscraper construction around the world, Jeddah Tower is the first that aims to exceed the previously undreamed-of one-kilometer threshold.
When it is completed in 2020, the 1,000-meter tower in Jeddah, Saudi Arabia, designed by architect Adrian Smith, will become the world’s tallest building, easily eclipsing Burj Khalifa, the 830-meter-tall Dubai skyscraper, also designed by Smith.
Architecture with a Personal Touch
Architecture With A Personal Touch | Since joining the Office of Metropolitan Architects—founded by Rem Koolhaas—in 1998, Shohei Shigematsu has designed cultural venues including the Quebec National Beaux Arts Museum and the Faena Arts Center in Miami Beach. He has also worked on collaborations with artists such as China’s Cai Guo Qiang, Marina Abramovic, and Kanye West.
Brutalism Evolves
Brutalism Evolves | Stark and unadorned, Brutalist architecture is a touchstone of postmodernism. And although the style has detractors, it’s getting a lot of attention from modern audiences.
Social-media apps like Instagram have united Brutalism fans, and accounts posting photos of landmarks in the style have tens of thousands of followers. Books on the subject abound as well, from the exhaustive Atlas of Brutalist Architecture, which made The New York Times list of best art books in 2018, to art historian Chris van Uffelen’s Massive, Expressive, Sculptural: Brutalism Now and Then.
Reality Checks
Reality Checks | In every major market across the country the prime communities share similar attributes — easy access to downtown, proximity to green space and prestigious schools. With so many of these factors tied to geography and static city planning, the best areas can appear set in stone. Luckily, new construction projects and the ever-changing real estate market means that there is hope for buyers to get into the neighbourhood of their choice in these Canadian cities.
Market Watch | April 2019
Market Watch | April 2019 | Toronto Real Estate Board President Garry Bhaura announced that Greater Toronto Area REALTORS® reported 7,187 residential sales through TREB's MLS® System in March 2019. This result was inline with 7,188 sales reported in March 2018. For the first quarter of 2019, sales were down by one per cent compared to Q1 2018.
Wall Power
Wall Power | If your world appears a lot more colourful of late, thank the muralists. Over the past several years, murals have emerged as an attention-getting art form with a lot of cachet, taking over entire walls inside and out at galleries, restaurants, hotels and public spaces across the country. What’s even better is that it’s a genre where female artists are leading the charge — a visual manifestation of the current cultural zeitgeist.
Splendor in the Grass
Splendor in the Grass | Beautiful gardens are a border-blurring tapestry of strategic design, strong silhouettes, and thoughtful palettes. They elevate the architecture of a home as much as they enhance the lifestyle of its residents. Professional landscaping services in the U.S. alone is a multibillion-dollar industry. From backyards to balconies, and from classic gardens to modern vertical ones, these spaces allow homeowners to outwardly personalize their surroundings.
Ferragamo's Tuscany
Ferragamo’s Tuscany | When Tuscany comes to mind, we might imagine Chianti’s lush, rippling fields, Florence’s abundance of Italian Renaissance art, and perhaps even the 2003 romance-drama Under the Tuscan Sun. But this region in central Italy, beloved for its quaint villages, rugged coastline, and world-class wines, signifies much more to Salvatore Ferragamo, grandson of the eponymous fashion-house legend and CEO of Il Borro Toscana, an alluring estate in the Tuscan countryside
The Well Toronto
The Well Toronto | Three Million Square Feet and Over 7.8 Acres of Office, Retail, Condominium and Rental Residential Space in Toronto's King West Area. Live at the Well | Green spaces, an open-air public promenade and an atmosphere of discovery come together in inspirational, centrally-located residences that offer an extension of the King West lifestyle.
Natural Beauty
Natural Beauty | Ornamental grasses, lavender and echinacea sway with the breeze in the weathered-steel planter box fronting the work studio of landscape designer Joel Loblaw. The rusted metal’s warm orange, the earthy browns of fading perennials, errant red and gold fallen leaves — the planter is in sync with the season and it looks perfect, perfectly natural.
Truly Eppich
Truly Eppich | mong jaw-dropping properties, every so often, one defies categorization as a residential home, making the leap to “landmark” instead. Case in point: Eppich House II. With its dazzling expanse of glass walls and revolutionary cascading steel-beam frame, this architectural wonder appears like a mirage high up on a West Vancouver hillside, nestled between mountain and sea, yet invisible from the road. Water elements add to its mystical quality — a shimmering koi pond, fed by a redirected creek, and an infinity-edge poolthat blends into the landscape.
Landmark $100-million Gift to the University of Toronto
Thanks to an historic gift to the University of Toronto from Gerald Schwartz and Heather Reisman, the soon-to-be built Schwartz Reisman Innovation Centre will accelerate innovation in Toronto and Canada by creating the country’s largest university-based innovation node. The $100-million investment is the largest donation in U of T’s history and the largest gift ever to the Canadian innovation sector.
The gift will help construct a 750,000-square-foot complex designed to anchor U of T’s unique cluster of world-leading artificial intelligence scientists and biomedical experts, its world-class entrepreneurship network, and the country’s largest concentration of student- and faculty-led startups.
Creating Miami Style - Anywhere
Creating Miami Style - Anywhere | Miami interiors have a look and feel that you just know when you see. The aesthetic takes its cue from the climate and from nature. A pale palette with sleek flooring and finishes tempers the tropical weather, while touches of ocean, sand, and sky—reflected in hues of pastel peach, seafoam blue, and beige—bring the outside in.
Clients come because they crave the water and the warmth, says Jacqueline Gonzalez Touzet, principal of Touzet Studio, an interior design and architecture firm in Miami. “Because our senses are stimulated constantly, it’s key that interiors are a bit calm and serene.”
How to Bring Old Hollywood into Your Home
The 1960s. In the golden age of Hollywood where glamour reigned supreme, decorating ones' home to feel as luxurious as a high-end hotel was de rigueur. And that aesthetic continues to inspire the interiors of homes today. After all, who doesn't love a velvet couch in the palest pink?
Sotheby's Celebrates 275 Years
Sotheby’s Celebrates 275 Years | This year marks the 275th anniversary of the Sotheby’s Auction house. 2019 also denotes the 70thanniversary of our company. While sharing significant anniversaries is something to celebrate in itself, today we’re blogging about more than that. We’re writing to celebrate the very DNA that our company shares with Sotheby’s, namely, a heritage of innovation and dedication to continuously evolving.
2019 Top-Tier Spring Outlook
2019 Top-Tier Spring Outlook | Population growth and revitalized consumer confidence in the country’s largest real estate market is expected to drive Canadian top-tier real estate performance in spring 2019. New data compiled by Sotheby’s International Realty Canada reveal that Greater Toronto Area top-tier sales have stabilized from previous years’ unpredictability, with sales over $1 million down a nominal 2% year-over-year in the first two months of 2019. A shortfall in inventory over $4 million, as well as a shift of luxury real estate transactions to off-market and private channels resulted in a 38% decrease in MLS® sales compared to the first two months of 2018; however, demand for luxury housing remains robust leading into spring. While buyers’ market conditions remain entrenched in Vancouver as the city started the year with 52% and 50% declines in sales over $1 million and $4 million respectively, pent-up demand and a positive shift in market confidence are palpable.
Paint it Black
Paint it Black | Shading your walls in black may not be the first thing that comes to mind when you’re considering paint colors. But black has a daring all its own that can bring character and chicness to your space.
“The result is both unexpected and incredibly sophisticated,” says Andrea Magno, a Benjamin Moore color and design expert.
“Black has an interesting effect on the walls of a room because the corners and shadows are obscured more than if a midtone or pastel color is used,” Magno says. “This can be used as a visual trick to give the space a less-defined appearance and can make a room feel a bit more expansive.”
Federal Budget Offers First-Time Home Buyers Incentives
Potential home buyers in cities with white-hot real estate markets got some relief in Tuesday’s federal budget with an incentive program that could lower mortgage payments for households making less than $120,000 per year.
The government unveiled a multi-pronged approach to housing affordability that centres on the incentive plan, but beefs up an existing initiative that allows buyers to withdraw money from their RRSPs, and a variety of measures to boost the supply of homes on the Canadian market.
What's New in Art, Architecture, and Design
What's New in Art, Architecture, and Design | The year 2019 is bringing in new technologies and old techniques to create beautiful spaces and objects. Below, some of the latest trends in art, architecture, and design.
Sotheby’s International Realty Announces Expanding Presence in Slovakia
Sotheby’s International Realty Announces Expanding Presence in Slovakia | Sotheby’s International Realty Affiliates LLC today announced its expansion in Europe with the opening of Slovakia Sotheby’s International Realty.
The firm is owned and operated by Ilona Mancikova, who also stands at the helm of Czech Republic Sotheby’s International Realty and Croatia Sotheby’s International Realty. The flagship office of Slovakia Sotheby’s International Realty is located in the capital city of Bratislava and will serve the luxury residential real estate markets throughout the surrounding metropolitan area and into the High Tatras Mountain region.