A new reality TV show unveiling the opulent inner workings of Toronto’s Luxury real estate market is set to premiere later this month on Prime Video.
Luxe Listings Toronto follows the multi-billion dollar business dealings of powerhouse real estate agents Peter and Paige Torkan and their fiercest industry competitors at The Starke Group.
Peter is the Founder and Managing Partner of The Agency Toronto, renowned for its roster of exclusive clientele, and Paige is a broker whose reputation precedes her in the luxury real estate game.
Their business adversary, Brett Starke, is president of The Starke Group and has forged an illustrious career in ultra high-end property. He is a self-proclaimed savant of negotiation and works regularly with Canada’s largest real estate developers.
Despite the trailer setting the stage for a season packed with histrionics and high-stakes, some Torontonians expressed discontent with the show’s timing.
“This is such appropriate content, during a housing crisis where Canadians are starving and freezing to death from homelessness. Great job,” one person wrote below the show’s official YouTube trailer.
“That’s all we need is more shows about rich people during a cost of living crisis while income inequality is widening to catastrophic levels!” another viewer wrote.
“As a Toronto resident I find this remarkably tone deaf,” someone else commented.
News of the show’s release comes as The Toronto Real Estate Board reported a rise in home prices for March.
Sales were down 4.5 per cent year-over-year last month in the Greater Toronto Area and new listings were up by 15 per cent over the same period, according to the monthly report released today. Meanwhile,the average price of a home edged up by 1.3 per cent compared to last year.
“Price growth is also expected to accelerate during the spring and even more so in the second half of the year,” the report concluded.
The average selling price of a home in the GTA in March was just over $1.1 million.
Luxe Listings premieres on April 26 on Prime Video.
