Livante Developments

Many of the more recent cancellations are not due to lack of sales, but rather a lack of financing and the underlying reasons are usually delays in municipal approvals and escalating costs as a result of these delays. https://www.linkedin.com//condominium-cancellations-why-al

The demand for housing in Ontario has risen rapidly in recent years, driven by strong population growth and low interest rates. However, the supply of housing has not kept pace, leading to higher prices and rents. Building more housing will also help make Ontario more attractive to businesses and investors, restoring the province to its rightful place as the economic engine of Canada. "High housing costs are a barrier to job creators, large and small, because employees need... affordable places to live," said Todd Smith, Minister of Economic Development, Job Creation and Trade. "Making housing more affordable will encourage people to start and grow businesses, right here at home." https://news.ontario.ca//ontarios-government-for-the-peopl?

It’s getting cold but work doesn’t stop! Winter construction of 44 townhomes going well at our Royal Richmond site on Bloomington Road. #livantedevelopments #builder #developer #newhomes #townhomes #preconstruction #GTArealtor #GTArealproperty #GTArealestate #land #richmindhill #briarnineparkandreserve

Roads and services are in! #EstatesofBishopsGate #BishopsGateIII #singlefamilyhomes #preservicing #newhomes #builder #developer #land #GTAhomes #GTArealestate #property #Markham #VictoriaSquare

On average it takes 10 years to complete a new highrise project and 11 years to complete a new lowrise project in the GTA. A significant portion of that is the lengthy and bureaucratic approval process. In absence of a significant streamline to the approvals process, and cutting the red tape, it will be well into the next decade before the first of the promised housing comes on stream.