Cabbagetown

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Cabbagetown The most dynamic neighborhood in Toronto! HISTORY:

The area today known as Cabbagetown was first known as the village of Don Vale, just outside of Toronto.

It grew up in the 1840s around the Winchester Street Bridge, which before the construction of the Prince Edward Viaduct was the main northern bridge over the Don River.[1] This was near the site where Castle Frank Brook flowed in the Don River. By the bridge the Don Vale Tavern and Fox's Inn were established to cater to travellers.[2] In 1850 the Toronto Necropolis was established in the area as the city's main cemetery. In the late 19th century the area was absorbed into the city as it became home to the working class Irish inhabitants who were employed in the industries along the lakeshore to the south in Corktown. Brick Victorian style houses were built throughout the area. The name Cabbagetown came from stories of new Irish immigrants digging up their front lawns and planting cabbage, as had been done during the years of the Irish Potato Famine. In this era the Cabbagetown name most often applied to the area south of Gerrard Street, with the part to the north still being called Don Vale. It was a working class neighbourhood, but reached its peak of prosperity just before the First World War, which is when many of the brick homes in the area date from. After the war the area became increasingly impoverished. It became known as one of Toronto's largest slums and much of the original Cabbagetown was razed in the late 1940s to make room for the Regent Park housing project. The remaining section to the north, then still known as Don Vale, was also slated for to be cleared and replaced by housing projects. In 1964 a Toronto Star writer wrote that "Cabbagetown has become a downhill ride and if you're on way up, you don't dare stay there for long unless you live in Regent Park."[3]
The construction of new housing projects was halted in the 1970s that saw the rise of the reform movement that opposed such sweeping plans. In Don Mount this effort was led by Karl Jaffary, who was elected to city council in the 1969 municipal election along with a group of like minded councillors who soon ended the urban renewal plans. John Sewell led the effort to preserve Trefann Court, that covered the southern section of the original Cabbagetown. Source
http://en.wikipedia.org/wiki/Cabbagetown_(Toronto)

10/19/2026

Canada's September CPI came in at 3.1%, versus 3.2% expected and 3.0% in August. Gasoline is up 27.8% year over year, and inflation excluding gasoline was 2.2%.

Core measures were a tick below forecast, with CPI-trim at 1.8% and CPI-median at 1.9%. Rent rose 0.5% on the month, leaving the annual rate at 2.8%, which CIBC called "surprisingly firm."

The Bank of Canada decides October 28, with CIBC seeing little rush to hike and Governor Macklem saying the Bank is prepared to raise rates if necessary.



Source: Statistics Canada CPI (Sep. 2026), as reported by CIBC Economics (Andrew Grantham) and The Canadian Press, Oct. 19, 2026

🍁 On this National Day for Truth and Reconciliation in Canada, let's stand together in unity and compassion. May we lear...
09/30/2026

🍁 On this National Day for Truth and Reconciliation in Canada, let's stand together in unity and compassion. May we learn, grow, and strive for a future filled with understanding and respect. Your hearts make a difference. 💙🤝

09/25/2026

That viral reel promising $7,500 a month in cash flow? The math is fake.

$1.1 million building. 20% down. $11,000 in rent. And somehow only $3,500 in expenses — mortgage, taxes, insurance, everything.

Do the math. It doesn't survive contact with reality.

No vacancy allowance. No maintenance. No management fees. No CapEx reserve. No land transfer tax. And this is Ontario — the 2026 rent guideline is 2.1%. Your costs aren't capped. Your income is.

The reel isn't underwriting. It's a funnel. You're not being shown a deal — you're being sold one.

Real cash flow survives a spreadsheet. It survives a bad tenant, a dead boiler, and a rate hold.

Here's my rule: if the numbers only work in the video, walk away.

Want deals analyzed with real math, not reel math? Go to bfsto.com. Every number verified. No fairy tales.

09/23/2026

A property manager overseeing roughly 1,800 rental condo units across Ontario just told owners their rent payments are no longer guaranteed.

Many of those owners bought in for a "hands-off" experience. Some are now visiting their units for the first time to find out who their tenants are.

The takeaway isn't about one company. When the operator holds the tenant relationship, the cash flow and the information, your real exposure is to the operator, not just the asset.

Source: CBC News, Andrew Lupton, Sep 23, 2026

09/22/2026

New data from Statistics Canada and CMHC's 2024 Canadian Housing Survey shows renters want more space than they have. The average renter household currently has 1.9 bedrooms but wants 2.6 — a 37% gap.

That gap widens sharply for renters already in unsuitable housing: 1.8 bedrooms on average, versus 3.3 desired. An 84% shortfall.

If your unit mix skews small, this is real demand-side evidence worth checking your acquisitions against. Renters aren't asking for luxury — they're asking for room.

09/21/2026

BREAKING: Ontario's Landlord and Tenant Board just implemented major RTA changes — effective today.

The big one: give tenants 120 days' notice for an N12 (landlord's own use) instead of 60, and you no longer owe compensation or an alternate unit. Non-payment eviction notice (N4) is also cut from 14 days to 7.

The other side: miss your reoccupancy window after an N12 eviction and tenants get up to 2 years to file a bad-faith claim. Renoviction rules (N13) also got stricter tenant-notification requirements.

Whichever side of this you're on — the rules just moved. Know the dates.

09/14/2026

131R Millicent Street, Toronto — laneway access, no street frontage, and that's exactly what makes it interesting.

✅ Roof & trusses fully replaced
✅ Electrical upgraded (100A, hydro active)
✅ Redevelopment upside — neighbour already built next door on this same laneway
✅ ~3,000 sf lot, roughly half uncovered

This is a land play as much as it's a building sale. Zoned residential, used commercially for years — multiplex/sixplex potential on the table.

Coming to market soon. DM or link in bio for the full package.

📞 647-689-5841
🌐 buildingsforsaletoronto.com

09/10/2026

RBC Economics just flagged something worth watching: Toronto resales fell 1.3% in August, snapping the recovery streak that had been building since March. Prices dipped too.

RBC's read — trade war uncertainty is denting confidence, not fundamentals. New listings are still down 14% year-over-year, a steeper drop than sales. That's a tight-supply market pausing, not breaking.

Worth remembering next time this cools further: Ottawa's the opposite story — prices there just turned positive year-over-year for the first time since November 2025.

09/09/2026

National rents just dropped 4.8% year over year — the 23rd straight month of declines. But look closer at Toronto and the story flips: overall rents are down just 1.4%, while 3-bedroom units are actually up 3.5% annually.

Purpose-built rentals are also proving way more resilient than condos right now (-3.3% vs -7.7%).

If you're underwriting Ontario multifamily off the national rent narrative, you're using the wrong data.

08/24/2026

New listings dropped 1.6% nationally in July — and in Toronto specifically, they’re down 17.8% year over year, per RBC Economics.

That’s the real story behind the “market turnaround” headlines: this isn’t demand exploding, it’s supply retreating after three years of inventory buildup in Ontario and BC.

Canada’s sales-to-new-listings ratio now sits at 0.51 — balanced territory, a meaningful shift after years of buyer’s-market conditions in the hardest-hit regions.

The risk: if sellers regain confidence and list again, that emerging floor under prices gets tested. Watch new listings as closely as sales over the next few months.

Source: RBC Economics, “Focus on Canadian Housing” (Robert Hogue), Aug 18 2026.

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194 Carlton Street
Toronto, ON

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