GTA NextHome + Condo Guide - Jan. 19, 2019

Page 1

Greater Toronto Area Jan. 19–Feb. 2, 2019

The first and only complete guide to pre-construction homes and condos

COMING SOON TO NORTH YORK

INSIDE:

IS AIRBNB DRIVING UP HOUSING SUPPLY?

OPPORTUNITIES FOR HOUSING AFFORDABILITY IN 2019


Here’s to Toronto, to craftsmanship, to quality and pride of ownership. Here’s Here’s Here’s toto toToronto, Toronto, Toronto, Toronto, toto tocraftsmanship, craftsmanship, craftsmanship, craftsmanship, toto toquality quality quality quality and and and pride pride pride ofof ofownership. ownership. ownership. ownership. Here’s to Toronto, to craftsmanship, to quality and pride of ownership. Here’s to to to and pride of Here’s to Toronto, to craftsmanship, to quality and pride of ownership. Here’s to Toronto, to craftsmanship, to quality and pride of ownership. To new places and new faces. Here’s to the waterfront, to the market To To Toplaces new new newplaces places places places and and and new new newfaces. faces. faces. faces. Here’s Here’s Here’s toto to the the thewaterfront, waterfront, waterfront, waterfront, toto to the the themarket market market market Here’s to Toronto, to craftsmanship, to quality and pride of ownership. To new and new faces. Here’s to theto waterfront, to the market To new and new Here’s the to the Tothat new places and new faces. Here’s to theplaces. waterfront, to the market To new places and new faces. Here’s tous the waterfront, to the market districts distill and paths that take us to other districts districts districts that that that distill distill distill and and and paths paths paths that that that take take take us us to to to other other other places. places. places. To new places and new faces. Here’s to the waterfront, to the market districts that distill and paths that take us to other places. districts that distill and paths that take us to other places. districts thatpaths distill that and take pathsusthat take us to other places. districts that distillthat and totake other districts distill and paths that usplaces. to other places. Here’s to Canada’s most exciting mixed-use community. Here’s Here’s Here’s toto toCanada’s Canada’s Canada’s Canada’s most most most exciting exciting exciting mixed-use mixed-use mixed-use community. community. community. Here’s to Canada’s mostmost exciting mixed-use community. Here’s to exciting mixed-use community. Here’s tomost Canada’s most exciting mixed-use community. Here’s to Canada’s exciting mixed-use community. To sugary beaches and wharfs that never end. To To Tosugary sugary sugary sugary beaches beaches beaches and and andwharfs wharfs wharfs wharfs that that that never never nevermixed-use end. end. end. Here’s to Canada’s most exciting community. To sugary beaches and wharfs that never end. To beaches and that never end. To sugary beaches and wharfs that never end. To sugaryTo beaches wharfs that neverthat end. sugary and beaches and wharfs never end.

Register menkes.com/sugarwharf Register Register Register at at atat menkes.com/sugarwharf menkes.com/sugarwharf menkes.com/sugarwharf Register atRegister menkes.com/sugarwharf Register at menkes.com/sugarwharf at menkes.com/sugarwharf Register at menkes.com/sugarwharf Register at menkes.com/sugarwharf


Photograph by Nicola Betts Photograph Photograph Photograph byby by Nicola Nicola Nicola Betts Betts Betts Photograph by Nicola Photograph byBetts Nicola Betts Photograph by Nicola Bet Photograph by Nicola Betts Photograph by Nicola Betts


CONVENIENT, CONNECTED, CALEDONIA Located along the banks of the Grand River, Caledonia is only a 15 minute drive away from Hamilton. With it’s small town appeal, Caledonia is the perfect place to slow down, plant some roots and raise your expectations.

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W O N R TE IS G RE

Brilliantly Bloor Steps away from Jane Station, the Bijou dazzles brilliantly above the charming shops of Bloor West Village, perfectly embodying the intersection of sleek design and old world opulence. With large suites, stunning interiors, private terraces, and an array of exceptional amenities to elevate your day-to-day, at the Bijou, there truly is no place like home.

REGISTER AT PUREPLAZA.COM

Rendering is an artist’s impression. Certain design elements are subject to change without notice. All rights reserved. E.&O.E. February 2019.


Live at the most luxurious waterfront address. Experience luxury by the lake in an architectural masterpiece that maximizes panoramic lake and city views from large terraces and open-concept suites. An idyllic lifestyle with lavish amenities including a fully equipped fitness studio, spacious party room and glimmering outdoor pool. Right next to world-class shopping, dining, entertainment and recreation. TERRACE SUITES STARTING FROM 3 MILLION* EIGHT DECADES OF HOME BUILDING. OVER 80,000 HOMES BUILT. TRIDEL COMMUNITIES ARE BUILT GREEN BUILT FOR LIFE.® ©Tridel 2019. ®Tridel, ”D” design, Tridel Built for Life, Tridel Built for Life Design, and Built Green Built for Life are registered Trademarks of Tridel Corporation. Project names and logos are Trademarks of their respective owners. All rights reserved. Illustrations are artist’s concept only. Building and view not to scale. *Price and specifications subject to change without notice. E.&O.E. January 2019.


VISIT THE PRESENTATION CENTRE 261 Queens Quay East | 416.514.2710

tridel.com


CONTRIBUTORS

BILD REPORT | DAVE WILKES dave Wilkes is president and ceo of the building industry and land development association (bild), the voice of the home building, land development and professional renovation industry in the gta. for the latest industry news and new home data, follow bild on twitter at @bildgta or visit bildgta.ca

chief revenue officer

Jacky Hill Jacky.Hill@nexthome.ca editor-in-chief

STAT CHAT | BEN MYERS ben myers is president of bullpen research & consulting, a boutique real estate firm that advises land owners, developers and lenders on housing market conditions that can impact their development projects. follow bullpen on twitter at @bullpenconsult or visit bullpenconsulting.ca

Susan Legge Susan.Legge@nexthome.ca art director

Tammy Leung contributing editors

Sara Duck Marlene Eisner Amanda Pereira

CONDO PRO | BARBARA LAWLOR barbara lawlor is president and ceo of baker real estate inc., and an in-demand columnist and speaker. a member of the baker team since 1993, barbara oversees the marketing and sale of condo developments in canada and overseas.

senior media consultant

Jessica Wilson Jessica.Wilson@nexthome.ca distribution

DistributionTeam@nexthome.ca sales & marketing co-ordinators

Gary Chilvers Sarah Khan

LEGALLY SPEAKING | JAYSON SCHWARz Jayson schwarz ll.m. is a toronto real estate lawyer and partner in the law firm schwarz law llp. he can be reached by visiting schwarzlaw.ca or by email at info@schwarzlaw.ca or phone at 416.486.2040.

accounting inquiries

AccountingTeam@nexthome.ca graphic designers

Miguel Cea Sandra Hanak-Vujnovic Alicesa Pullan Mike Terentiev Hannah Yarkony ad production

MARKETING WISE | KELLY RYAN kelly ryan is a senior partner at ryan design international, an award-winning real estate marketing firm promoting new-home communities across the gta and around the world. visit ryan-design.com

Pre-Press@nexthome.ca Published by

nexthome.ca Advertising call 1.866.532.2588 for advertising rates and information.

DECOR | NICHOLAS ROSACI When it comes to diY, design, style and personality, nicholas rosaci raises the bar with a flair for creating chic, confident and glamourous space and projects for shows such as cityline. visit rosaci.com for more.

fOODIE | MIKE WARD chef, food journalist and anti-food snob, chef mike Ward brings his passion and knowledge to the culinary scene by creating simple, inspiring recipes people love. he contributes to various tv programs such as cityline and the today show, and his recipes appear in north america’s leading food magazines and websites.

LIfE + STYLE | CYNTHIA SODA cynthia soda is owner and principal interior designer of soda pop design inc., a multi-disciplinary interior design firm providing complete custom reno and design services throughout the gta. sodapopdesign.ca

6  NextHome+CondoGuide  |  Jan. 19–Feb. 2, 2019

Circulation highly targeted, free distribution system aimed at real estate buyers using street level boxes and racking, plus door-to-door insertions in key audience segments. Call 1.855.826.4200 to discuss distribution opportunities. Copyright Notice. all copyright and other intellectual property rights in the contents hereof are the property of nexthome, and not that of the individual client. the customer has purchased the right of reproduction in nexthome and does not have the right to reproduce the ad or photo in any other place or publication without the previous written consent of nexthome. contents of this publication, in hard copy format as well as online, are covered by copyright law, and offenders will be prosecuted. Copyright 2019. all rights reserved. reproduction, storage in a retrieval system or transmission, in any form or by any means, whether electronic, mechanical or otherwise, in whole or in part, without prior written permission of nexthome is strictly prohibited. Terms advertisers, editorial content are not responsible for typographical errors, mistakes or misprints. all prices are correct as of press time. Editorial submissions from interested parties will be considered. please submit to the editor at editorial@nexthome.ca


FLDGVALL_41-4B


EDITOR’S NOTE

MANAGING DEBT

SUSAN LEGGE EDITOR-IN-CHIEF NextHome+CondoGuide EMAIL: susan.legge@nexthome.ca TWITTER: @SusanLegge

Now that the holiday parties are over and the festive decorations are put away, it’s time to turn your focus to those daunting credit card bills. If you’re serious about managing your debt and wanting to build a down payment for a new home or condominium, get help. Saving for a down payment does not have to be as difficult as you think, and a good financial adviser will help you put together a solid plan and a budget so you can pay off your debt quickly and start saving money. Make this a priority and don’t wait — struggling to make credit card payments, and taking too long to pay off debt, could result in becoming even deeper in debt. You’ll need to start thinking about your expenditures, and start cutting back on things you don’t need, too. Heed some advice from popular Netflix home organizer, Marie Kondo — less is more! The bonus? You won’t have to worry about decluttering if you’re not splurging on things you don’t need in the first place. Once you have paid off your debt, create a budget and stick to it, and that includes a plan for this year’s holiday season. If you’re serious about saving money to purchase real estate, keep your sights set on your goal. It’s worth it. I hope you enjoy this issue! Not only is it packed with expert advice, we also have several new features and special sections to check out. We always look forward to hearing from you, so let us know what you think.

PRE-CONSTRUCTION VS. resale condo WHAT’S THE DIFFERENCE?

22

Find a luxury property for your next corporate retreat

30

+ get social

Interact with us on social media: nexthome

8  NextHome+CondoGuide  |  Jan. 19–Feb. 2, 2019



JAN 19 - FEB 2, 2019 | VOLUME 28 ISSUE 2

18

CONTENTS

Concord

ON THE COVER:

Concord’s King’s Landing CASTLES IN THE SKY AT CONCORD PARK PLACE IN NORTH YORK 10  NextHome+CondoGuide  |  Jan. 19–Feb. 2, 2019


HAPPY CHINESE NEW YEAR! Check out our special coverage beginning on page

Happy New Year! YEAR OF THE

PIG

41

CONDO PROPERTY PROFILES

30 Reserve Properties and Westdale Properties

Line 5 South Tower set to launch following success of phase one

36 Devron Developments Lawrence Park embraces boutique condo living at The Winslow

28 Condo Pro

58 Ambria Homes

Model suites are an important tool in your condo search BY BARBARA LAWLOR

FEATURES

INSPIRATION

12 #CondoCity

32 Decor

The latest news, numbers, trends and events BY SUSAN LEGGE

A new way to make money from your luxury recreational property

38 PMA Brethour Realty Group

CHINESE NEW YEAR

Chinese New Year is coming up. Here’s how and where to celebrate!

22 Legally Speaking

50 Financial Tips

BY JAYSON SCHWARZ

21 BILD Report

Hey kids, it’s time for some financial tough love!

52 Legally Speaking

Three ways to make affordable housing happen

Making sense of municipal by-laws

BY DAVE WILKES

BY JAYSON SCHWARZ

26 Stat Chat

Brussels Sprouts done differently BY MIKE WARD

the Pig

ADVICE Pre-construction vs. resale condos

BY NICHOLAS ROSACI

41-48 It’s The Year of

SPECIAL INSERT A FOCUS ON FREEHOLD HOMES

The launch of PMA Urban

Liven it up with Living Coral

34 Foodie

TRENDING

14 Retreatify launches!

New model homes now open at Riverbend Estates in Peterborough

62 Life + Style Make a splash in your small bathroom BY CYNTHIA SODA

IN EVERY ISSUE

6

Contributors

53 Hot Properties GTA 59 Hot Properties SWO 63 Advertiser Index 64 What’s Online

56 Marketing Wise

Could Airbnb drive up Toronto’s housing supply?

Will 3D-printing revolutionize new-home building?

BY BEN MYERS

BY KELLY RYAN

21

THREE opportunities for HOUSING AFFORDABILITY nexthome.ca  11


#CONDO CITY

“Through Ontario’s gas tax program, the City of Toronto will receive $184,994,655 in funding this year to improve transit projects such as the TTC.” —Jeff Yurek, Minister of Transportation for Ontario

JANUARY 18 TO MARCH 3: ARTIST VIKTOR VICSEK’S TALKING HEADS

IT’S HAPPENING The Distillery District’s favourite takeover is back. The Toronto Light Festival will transform the pedestrian district into one of the largest open-air sculpture galleries in North America. Lighting up both the night and day, the festival will run daily and is free to the public. www.facebook.com/tolightfest

Renting Benefits

• Rent payments are typically lower than mortgage payments/ taxes/condo fees. • No up-front costs such as a down payment, legal fees, and land transfer tax. • No ongoing ownership costs like property taxes, repairs, condo fees and utilities, if included in rent.

• Any extra money saved may be invested in hopes of a higher rate of return than would be gained by buying and selling home. • Limited interior maintenance and repairs required by the renter. Typically, a landlord assumes maintenance of a rental residence.

12  NextHome+CondoGuide  |  Jan. 19–Feb. 2, 2019

Owning Benefits

• Freedom from having to worry about eviction if landlord decides to sell property. • An owner can decorate and design a condo to their own taste. • Exterior and common area maintenance is taken care of by condominium corporation.

• Net gain is tax-exempt from capital gains when selling a principal residence. • Buying a condo is a “forced savings” which many people need and appreciate.

DISTILLERY PHOTO BY JUSTINE APPLE

Rent vs. Own


+

DID YOU KNOW?

This year, the province is giving $364 million in gas tax funding to 107 municipalities that provide public transit services to 144 communities across Ontario.

GTA new condo market results* Sales

Year-to-date sales

Remaining inventory

Benchmark price

2,454 20,408 11,254 $786,602

Down -24% from prior year

Down -40% from prior year

Better get buying!

Up +12% from prior year

SOURCE: ALTUS GROUP FOR BILD

*Data from November 2018

A Mirvish Village tradition continues... In 1987, Ed Mirvish began a longstanding Toronto tradition—an annual frozen turkey giveaway at Honest Ed’s at Bloor and Bathurst Streets—which developer, Westbank, revived last month. City of Toronto Mayor John Tory, Jacob Mirvish and his wife Leyla joined the hosts from Westbank during the festivities. Westbank’s vision for the new Mirvish Village brings together residential, commercial, cultural, and civic spaces to support a vibrant and varied community. Check out mirvish-village.com for details.

November 2018 stats for new condo sales by municipality

89 York

736 Peel

2,454 GTA

404 Durham

101 Halton

1,124 Toronto

SOURCE: ALTUS GROUP FOR BILD

nexthome.ca  13


TRENDING

TORONTO BROTHERS LAUNCH RETREATIFY, A WAY TO MAKING MONEY FROM YOUR LUXURY PROPERTY by BOBBY HRISTOVA

We’re absolutely looking at making this go national. If it works here, it can work elsewhere.

Ron (left) and Nir Zahavi (right) launched Retreatify in May after seeing how hard it was for businesses to set up retreats.

Cindy Heo isn’t a regular chalet owner. She has a luxury cottage — but what really stands out is how she’s making money from it. She found Ron and Nir Zahavi, the Toronto brothers behind Retreatify. They hope to become the Airbnb of business retreats by helping cottageowners make money from their properties by pairing them with companies like Bell, CIBC and Shopify. “[Retreatify] unlocked a new revenue stream for myself,” Heo says. “[It] placed respectful guests that treat my property with care, and the level of effort from my side has been minimal.” Nir Zahavi, co-founder and CEO of Retreatify, says they’re picky. To be considered, properties need at least 2,000 sq. ft. of livable space, a large, open common area, at least five bedrooms and a modern design, but the company remains open to other options. Owners who make the cut get anywhere from 65 to 80 per cent of the total commission for renting out their chalet. They also get five per cent commission on any add-ons which include private chefs, yoga instructors or murder mysteries. Despite all the wild activities, Retreatify ensures owners are satisfied. It vets customers, handles all 14  NextHome+CondoGuide  |  Jan. 19–Feb. 2, 2019

communication, hires professional cleaners and charges a deposit in case of any damages. One night can cost anywhere from $800 to $3,000 a night, but for businesses looking to get the most out of the extra amenities, it could be up to $20,000. It also provides its guests with a detailed welcome package. “I knew exactly what to do when I checked out,” says Laura Barrington, who brought her co-workers from InfoTech to a Retreatify cottage. “I knew what the expectations were, where to put the garbage and all that stuff. I didn’t have to call [Retreatify] one time. In fact, they emailed me to check in and see how things were going.” The 12 luxury locations in Muskoka, Orillia and Barrie are within 200 kilometres of the Greater Toronto Area. Zahavi says they’re eyeing properties in Prince Edward County and also looking at expanding to camp sites and boutique hotels. The brothers are focusing on Toronto customers until the end of 2019. They may have a bigger conversation after this year. “We’re trying to build a movement,” Zahavi says. “We’re absolutely looking at making this go national. If it works here, it can work elsewhere.”


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COVER STORY

KING’S LANDING: CASTLES IN THE SKY THE REGAL RESIDENCES OF CONCORD PARK PLACE King’s Landing is the noblest of addresses in Concord Park Place and a prominent presence in the Greater Toronto region. Here, luxury is the everyday lifestyle and prestige affords commanding views of eight acres of park estate, graced by aristocratic architecture with a triple crown of towers. Nowhere exceeds high expectations quite like this. 18  NextHome+CondoGuide  |  Jan. 19–Feb. 2, 2019

Inspired by the global resurgence of revivalist design, and building on a reputation for awardwinning, master-planned communities across Canada, Concord integrates 19th century craftsmanship with 21st century technology to elevate the art of living. Within the realm of King’s Landing, stature reigns


The reception lobby of King’s Landing is palatial, with a soaring glass atrium, sunlit café and the rich tones of a grand piano set beneath the shimmer of Canada’s largest chandelier

supreme, evidenced by proximity to the elite enclave of Bridle Path, top private schools, fine restaurants, and fashionable malls. Ease and convenience are also paramount. Arrive in style anywhere in metropolitan Toronto – just step onto the subway, a GO Train or zip along major highways. In mere minutes, you’re in the heart of one of the world’s most cosmopolitan cities. ELEVATED STATUS

Ensconced in the coveted community of Concord Park Place in North York, King’s Landing is the pinnacle, featuring a trio of imperial towers rising from a podium in the Palladian style of Bath, England, complete with timeless stone cladding and gas lanterns. Remarkable architectural furls flow skyward, adorned with quaint railed balconies overlooking vast park vistas. A grand, circular entryway cloaks the property, while upscale shops and services cater to residents like a five-star Savile Row hotel. Exterior opulence leads to inner sanctums of equal majesty. The reception lobby is palatial, with a soaring glass atrium, sunlit café and the rich tones of a grand piano set beneath the shimmer of Canada’s largest chandelier. Amenities at every turn beckon with pampering pleasures, playful pursuits and business convenience. Sophisticated subtleties like wireless charging stations where you want them and refrigerated parcel storage for home deliveries when you’re away are brilliant hallmarks of Concord, renowned for innovative, green energy infrastructure

nexthome.ca  19


in North America. High-speed electric-vehicle charging options are also available and an automatic touchless car wash keeps your vehicle impeccable. UNPARALLELED LUXURY

Perhaps most impressive are the exquisite interiors of these residences, each with a wealth of sumptuous detail and stunning décor. Kitchens feature the impeccable taste of genuine Calacatta porcelain backsplashes, chrome Grohe faucets and woodgrain laminate cabinetry with drawer organizers and recessed lighting. All complemented by internationallyrenowned Miele appliances, including precision gas cooktops. To savour the world’s finest wines and spirits, built-in wine cellars maintain your classic vintages at precision temperatures for optimal enjoyment. Thoughtful craftsmanship is also given the personal touch in tailor-made considerations. Dressing areas incorporate wood-grain laminate wardrobe enclosures, built-in closet organizers and smart storage features, especially suited to care for fine apparel. Smart thermostats throughout the home ensure maximum comfort and efficiency. Bathrooms exude soothing beauty and functionality, with polished chrome fixtures, Calacatta porcelain tile tub and shower surrounds, custom drawer organizers and soft lighting. The combination of this coveted property location, stature of lifestyle and enviable level of luxurious living culminates in a regal residence unlike any other in the world. Precisely why Phase 1 sold out rapidly and those interested in Phase 2 should register today. For more information, please visit the Concord North York Presentation Centre at 1001 Sheppard Avenue East, call (416) 813-2999, or visit the website at ConcordKingsLanding.com. 20  NextHome+CondoGuide  |  Jan. 19–Feb. 2, 2019


ADVICE | BILD REPORT

THREE OPPORTUNITIES FOR HOUSING AFFORDABILITY IN 2019

DAVE WILKES

In 2018, the underlying issues impacting housing supply in the Greater Toronto Area (GTA), and in turn, the impacts on housing affordability, cost of living, and its broader societal impact were a defining part of the public debate of the future of our region. Population growth combined with restrictive regulations, bureaucratic red tape, added costs and infrastructure challenges have created a generational challenge for the region. As we look forward, there are three opportunities to have a positive impact on these issues in 2019. In late November, the government of Ontario announced it would be developing a Housing Supply Action Plan. The new provincial government rightly recognized that strong demand for housing and limited supply in Ontario has resulted in rapidly rising housing costs over the last few years, and that in fast growing areas like the GTA, high housing costs and rents are squeezing families and individuals out of the market. The provincial government is looking at what can be done to speed up the approval process so new housing can be built at a faster pace, how to encourage the right housing mix to be built, and the impact that high land costs and fees and taxes are having

on housing prices. In addition, the action plan will look at home rental and ownership, not simply one or the other. These important initiatives are a great opportunity to begin to address the fundamental causes of housing affordability. While the issue of housing affordability is firmly on the provincial agenda, pressure is now growing on the federal government to consider the impacts of its mandated mortgage stress test. The program has been successful in balancing the hot 2017 market, but is having a disproportionate impact on young and first-time homebuyers. The test, in effect, reduces the maximum amount of a mortgage that a home purchaser can borrow by roughly 20 per cent. Younger and first-time homebuyers are the most likely to borrow close to their maximums, however, they also have the longest horizons for repayment and are often in the growth phase of their careers and earning potential. A growing chorus of industry professionals are urging Ottawa to fine-tune the approach and perhaps the potential for a one-time, longer amortization period for first-time buyers can provide some relief in 2019. Lastly, municipalities can no longer ignore the issue or the role they must play as a partner to industry and the other levels of government in finding meaningful solutions to this issue. During the fall municipal elections, voters in the GTA ranked housing affordability as a top priority for

new local governments and the need to increase housing supply as a key mechanism to address housing affordability was supported by nine out of 10 respondents to an IPSOS poll conducted by the industry this past fall. With new councils and mandates in place, now is the time for new ideas. 2019 must be the year of action on this issue. With the arrival of 115,000 new residents to the GTA every year, and as we fall short in providing new housing at the levels required, we cannot afford to wait. Dave Wilkes is President and CEO of the Building Industry and Land Development Association (BILD), the voice of the home building, land development and professional renovation industry in the GTA. For the latest industry news and new home data, follow BILD on Twitter, @bildgta, or visit bildgta.ca.

+MORE ADVICE ONLINE nexthome.ca/news/advice

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ADVICE | LEGALLY SPEAKING

PRE-CONSTRUCTION VS. RESALE CONDOS JAYSON SCHWARZ

The condo market has expanded and evolved significantly across Canada over the last two decades. Approximately 1.9 million Canadians now call a condo home and one third of all new homes built in Canada’s major cities are condos. With the average prices of homes in the GTA soaring to about $1 million, this makes condominiums, which represent a relatively affordable home ownership option for firsttime buyers, an attractive option. But with so many new and resale condos on the market, and new buildings breaking ground every day, where is the best place to invest your down payment? PRE-CONSTRUCTION CONDOS

Buying a new condo in Ontario has a number of advantages. First off is the fact it takes three to five years on the average for your condominium to be ready for occupancy and then as much as one to two years for it to actually close. An advantage? Hmmmm…yes! Why? Because over time you can save more of a deposit. Based on the past history of the value of your unit, its value should rise allowing you to possibly have an easier time getting a mortgage, or at the worst, having an asset worth more on the closing then you paid for it. 22  NextHome+CondoGuide  |  Jan. 19–Feb. 2, 2019

Another advantage to a new development is choice. Buyers are able to select their view, floor plans and customize fixtures and finishes. On the flip side, with choice comes an element of surprise. While some developers are getting creative with 3D renderings and virtual reality, it may be difficult for buyers to purchase a unit from the developer’s site plans. Ontario’s Condominium Act also allows a buyer to terminate a purchase agreement of a pre-construction condo within 10 days of receipt of all documentation. During what’s call a the “10-day cooling-off period”, a purchaser of a pre-construction suite strongly benefits from


Ontario’s Condominium Act also allows a buyer to terminate a purchase agreement of a pre-construction condo within 10 days of receipt of all documentation.

the finishes and you know exactly what you are getting. You can review the status certificate and look at the condo fees and know how accurate they are and whether they will go up in the near future. Resale condos provide a sense of certainty as to cost and expense. Resale condos also only have one closing, as opposed to a preconstruction suite which has both an occupancy and final closing. This saves you time and money on the purchase of your unit. SO WHERE SHOULD YOU INVEST?

In the end it comes down to your personal needs on a multitude of levels. We recommend you take your time before you start and do the research and make the decision that works best for you. Perhaps the most difficult part of writing these articles relates not the actual writing, but thinking of a topic to address. So help us! Mail, deliver or email letters to the magazine or to us. Use the website, www.schwarzlaw.ca, email info@ schwarzlaw.ca and give us your questions, concerns, critiques and quandaries. We will try to deal with them in print or electronic form.

retaining a lawyer to review their agreement. Getting a real estate lawyer that you trust early in the process can save you time and money in the long term. Your lawyer will be able to negotiate your contract, handle your occupancy closing and register the property in your name once the building is complete. RESALE CONDOS

Buying a resale condo allows buyers to get a home that’s move-in ready. You can see and interface with the neighbourhood. You can see how the building integrates into the area and how it feels. You can touch and feel

Jayson Schwarz LL.M. is a Toronto real estate lawyer and partner in the law firm Schwarz Law LLP. Visit online at schwarzlaw.ca or email info@schwarzlaw.ca with your questions, concerns, critiques and quandaries.

+MORE ADVICE ONLINE nexthome.ca/news/advice

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European Style & Contemporary Living

LUXURY CONDOS IN STONEY CREEK FROM THE LOW $300’S Casa Di Torre is inspired by you. Designed with feature-filled spacious suites with the latest premium appliances and designer features and finishes you’ll truly appreciate. Relax and enjoy carefree condo living with a safe and secure lobby, resort-style amenities like the entertaining kitchen and lounge, rooftop garden plots, rooftop terrace, gym and communal workspace - there’s plenty of room for families and friends to be together. Experience it. One bedroom, One bedroom plus den, Two bedroom, Two bedroom plus den and Penthouse collections.

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ADVICE | STAT CHAT

COULD THE EXISTENCE OF AIRBNB IN TORONTO

RESULT IN MORE HOUSING SUPPLY? BEN MYERS

In several major cities across the globe, activists have been lobbying their governments to limit the use of home-sharing platforms because private landlords are putting their units on Airbnb instead of leasing them to local residents. Many tourists and shortterm visitors are choosing to use Airbnb instead of hotels, and this is reducing the stock of rental supply 26  NextHome+CondoGuide  |  Jan. 19–Feb. 2, 2019

in these cities, which were already severely supply constrained. In several of my rental studies for clients this year, I’ve come across buildings were the average rental rate increased by 15 to 20 per cent annually on a persquare-foot basis. These findings indicate that the Greater Toronto Area (GTA) market is in desperate need of new apartment supply. In a recent television interview, condominium data tracking firm Urbanation Inc indicated that 2019 could be a record year for apartment completions in the GTA, but despite the influx of new units,

they still anticipate rent growth of five per cent annually. In the November National Rent Report by Rentals.ca, their forecast calls for 11 per cent rental growth in the City of Toronto this year. With tougher mortgage rules, higher interest rates, high immigration levels, low unemployment, and inadequate new rental supply, should municipalities ban Airbnb or take other measures to increase housing supply? Funny thing is, banning Airbnb might actually reduce housing supply! Depending on your source


of data, new condo prices in the GTA increased by almost 35 per cent in 2017 and another 15 per cent in 2018. Because of this huge price inflation, a pre-construction condo investor that runs their cash flow projection based on 5 per cent annual rent growth over the next four years, may still find themselves in the black during their first year of ownership. I’ve spoken to a number of investors and brokers that are only buying pre-construction units to list on Airbnb because of this potential future cash flow shortfall. They’re betting on Airbnb despite proposed legislation in Toronto that would prevent Airbnb use on properties that are not the owner’s principal residence. In the absence of Airbnb, many of these investors would not have purchased these units, and without investors supporting new projects, there just isn’t enough end-users out there buying $1,000 per-square-foot units that

won’t complete for four years and require a 20 per cent down payment. These units would never get built, and subsequently never sold by investors to locals (after being listed on Airbnb for three or four years). Perhaps this theory is a bit of a stretch, but there are several factors driving up the cost of new condominiums that are forcing investors that love to purchase hard assets to consider new ways to extract value from their real estate holdings. There is certainly no reason to believe that new condo prices will come down anytime soon either. Land owners with prime development sites are holding out for top dollar, with nearly 70,000 apartments in the process of being built in the GTA, construction costs have risen drastically, municipalities are increasing development charges and other fees they levy on developers for infrastructure upgrades and new parks, and there is a backlog of proposed developments seeking approval (time is money). Time will certainly tell us what will happen to new condo prices, and if Airbnb ultimately adds or subtracts from housing supply,

but there is no doubt that Toronto needs more condo apartments, more rental apartments and more housing supply overall. The region is falling victim to its own success, as more people want to come here than we have homes for. Hopefully, all levels of government keep their promise to make the necessary changes to the speed of planning approvals, building permits, and the registration process, to bring housing supply to market as quickly as possible. If they do this, we can continue to welcome new residents with open arms, and welcome visitors to our hotels and our ample supply of Airbnbs. Ben Myers is President of Bullpen Research & Consulting, a boutique real estate advisory firm, that works with land owners, developers and lenders to better inform them of the current and future macroeconomic and site-specific housing market conditions that can impact their active or proposed development projects. Follow Bullpen on Twitter at @BullpenConsult or visit bullpenconsulting.ca

+MORE ADVICE ONLINE nexthome.ca/news/advice

nexthome.ca  27


ADVICE | CONDO PRO

MODEL SUITES AN IMPORTANT TOOL IN YOUR CONDO SEARCH

BARBARA LAWLOR

Shopping for a new condominium suite involves looking at numerous aspects of the residences you consider: location, price, architecture, amenities, standard appointments and, of course, suite design. The latter is fascinating, as today’s layouts are more efficient than ever, utilizing every square foot. Some shoppers, however, find visualizing from floorplans a bit difficult. This is why touring model suites gives you a firsthand appreciation for how each developers’ suites will “live.” Make the most of your visits to presentation centres by touring models wherever you can, and carry the floorplans for those models with you as you walk through. And remember that sales representatives are there to help you. If you have any questions, by all means, ask them! This is especially true when examining the floorplans. Although there are some conventions most builders follow, you may find some labels on the plans unfamiliar. Most plans include the suite’s marketing name, the total square footage of the interior layout and balcony or terrace area, and in the corner, a diagram called a “key plate” that features a shaded area indicating where the suite is located in the building’s floor plate. Floorplans are drawn as though you are looking down at the suite 28  NextHome+CondoGuide  |  Jan. 19–Feb. 2, 2019

from above. You will find room dimensions marked with arrows that indicate from which wall to which wall, and with width first. These measurements are critical when determining furniture size and placement. Some condo suites have an L-shaped main living area, for example. If a room area is blank, that means it has standard flooring. You may see instead parallel lines that indicate laminate or hardwood, and squares typically represent stone tiles of some type. Some lines in a floorplan are thicker than others. These contain plumbing, electrical and/ or structural elements — and remember, you cannot move these walls to customize at your colour selection appointment. The lines that illustrate doors show which way they swing, and if you see overlapping rectangular lines, those are sliding doors to an outdoor area. The abbreviation W/D stands for washer/dryer,

and you may see LIN for linen closet and/or WIC for walk-in closet. Icons for the bathrooms are obvious. In kitchen plans, things like the stove and sinks are obvious. Dotted lines at the edge of a counter or island mean there is an overhang under which you can place stools. Model suites offer a realistic view of the developer’s design style and quality of finishes. Oh, and remember that the models are usually appointed by spectacular design firms, so gather some great decorating ideas during your visits. Go into model suites with your eventual colour selection appointment in mind and with your eyes wide open. Stay true to the design style that is right for you, but also keep an open mind. You never know what you may see that you might fall in love with! Once you’ve walked through a few model suites while looking at their floorplans, you’ll develop the knack for visualizing from plans should you purchase a suite that is not a model. It’s win-win all around! Barbara Lawlor is president and CEO of Baker Real Estate Incorporated, winner of the pinnacle 2017 Riley Brethour Award from BILD, and an in-demand columnist and speaker. A member of the Baker team since 1993, she oversees the marketing and sales of condominium developments in the GTA and overseas. Keep current with The Baker Blog at blog.bakerrealestate.com

+MORE ADVICE ONLINE nexthome.ca/news/advice


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PROPERTY PROFILE

LINE 5 SOUTH TOWER SET TO LAUNCH FOLLOWING SELL-OUT SUCCESS OF PHASE ONE After selling out of the first tower, Reserve Properties and Westdale Properties are prepping to release the new phase, Line 5 South, early this year. The two-tower, sharedpodium development designed by IBI Group and U31 gets its name from the new Crosstown LRT being built along Eglinton. Reserve Properties Chief Operating Officer, Shane Fenton, says the pending LRT was a major factor in the swift sales of the first tower. “One of the reasons Reserve and our partners at Westdale believe so strongly in Yonge and Eglinton is the transformative power of the LRT. There are only a few intersections in the entire city that offer rapid transit in all four directions. We have every expectation that Yonge and Eglinton will emerge as the new centre of the city as well as both a cultural and mobility hub,” says Fenton. “Westdale Properties is thrilled by the success of Line 5’s first tower. It’s a testament to our long-held belief in Yonge and Eglinton. We were one of the first to invest in the neighbourhood when we began our 88 On Broadway project in 2005,” says Mitchell Cohen, Chief Operating Officer, Westdale Properties. “By partnering with Reserve on Line 5, we’re returning to the community and continuing to push it forward. With Line 5 South, we’re giving purchasers another chance to experience life at Yonge and Eglinton.” 30  NextHome+CondoGuide  |  Jan. 19–Feb. 2, 2019


Inspired by the physical shift taking place around them, Line 5 responds directly to the fundamental changes in the way Torontonians live their lives. From transit and ride sharing to the rise of online shopping and the decentralization of the workplace to the hyper-focus on health and wellness, the way people live in 2019 is radically different to how people lived even five years ago. In response, Line 5 South offers a dedicated ride-share pick-up, intended to alleviate the impact on local traffic; oversized parcel storage to take the clutter off the concierge desk; and hot and cold storage in the lobby to ensure the convenience of ordering food online doesn’t come with diminishing returns. Designed by IBI and U31 to fulfill a simple but elusive goal; condos should respond to how we live now. “Line 5 advances what it truly means to be an urbanist,” says Architect Mansoor Kazerouni, Global Director Buildings at IBI Group. “The building plays with the

existing streetscape, responding to the pedestrian context in a unique way that builds on local character but adds a new contemporary living structure.” Clad with high-contrast metal, mesh, and natural materials, Line 5’s two 36- and 33-storey towers and eight-storey podium aim to add a new and unexpected contrast to the existing condos at Yonge and Eglinton. Oscillating patterns, layers, and textures contribute to a fresh and refined architectural vernacular for the neighbourhood. That ambition is carried into the interiors by U31. Mirroring the experience of a grand living room, the oversized lobby with ambient drama is reminiscent of a boutique hotel. Inviting furniture supports work or meetings with friends and colleagues, and a juice bar indulges residents with fresh and healthy options. “Throughout Line 5’s shared amenities and common areas, we layered a sophisticated and dynamic mix of materials to create eclectic experiences,” says Kelly

Cray, Principal at U31. “Line 5’s design is unexpected, with playful architectural undertones that bring an aesthetic that anticipates our future.” Line 5’s wellness suite includes an over 10,000-sq.-ft. stateof-the-art fitness facility on the ground floor with dedicated spaces for on-demand interactive training systems, personal training, and yoga overlooking an outdoor Zen garden. Wellness spaces clad in calm stone materials include a spa with a steam room and saunas. On the upper amenity floor, a co-working space and social club opens to a designer pool. Using the dynamic layering of rich materials, curving banquettes, and stone harvest tables, U31 tailored the design of the flexible space to support those working remotely during the day while offering opportunities to socialize at night. Intricate design details extend to all shared spaces, including two communal kitchens, three outdoor lounges, an art studio, outdoor theatre, library lounge, and outdoor game lounge.

Line 5 South will feature 426 suites with prices starting from the low 400s. The new phase launches this winter at Yonge and Eglinton. For more information, register at line5condos.com. nexthome.ca  31


INSPIRATION |

decor

Livening up your home with ‘Living Coral’

DESIGNER TIPS ON BRINGING ‘THE COLOUR OF THE YEAR’ INTO YOUR HOME PANTONE’S 2019 COLOUR OF THE YEAR is called “Living Coral” and it can do almost anything, proving itself to be much more than just an accent colour. We sat down with Nicholas Rosaci, interior design expert and upcoming speaker at the 2019 GTA Home & Reno Show, to talk décor trends and learn how to incorporate this vibrant hue into our home for the upcoming year. Coral is beautiful and earthy, a much-anticipated arrival on the tails of the ‘pink’ scene – a coveted colour of choice lately. However, unlike a pure pink – which can appear childlike and Barbie mansionesque – Pantone’s Living Coral is a little more grown up without losing any of the juicy energy of its pink counterpart. 32  NextHome+CondoGuide  |  Jan. 19–Feb. 2, 2019

NICHOLAS ROSACI “Coral is a surprisingly versatile colour,” says Rosaci. “Coral can stand alone on its own while also acting as a great accent to existing neutrals like sand beige, jute and taupes. Its gold undertones naturally and luxuriously pair well with gold hardware accents and


most would be surprised by how beautifully modern Living Coral looks when incorporated with more modern grey trends. Living Coral really warms up cool grey and looks especially chic with chrome and glass. Rosaci believes in using colour everywhere, but especially in entryways or dining rooms, places where you really want to create an impression and call for drama. ENTRYWAY

In the foyer, try painting the front door both inside and out, and perhaps look for a great up-cycled project like a vintage chest of drawers painted the same shade, or a touch lighter or darker for contrast. DINING ROOM

“Formal dining rooms should be decorated for glamorous evenings,” says Rosaci. “The simple addition of silk drapery in a Living Coral shade adds a shimmering warm elegance to a space.” Try upping your design game with a deep emerald green room with gorgeous coral silk drapery, trimmed in a black and white Greek key trim detail. DEN

In the den, explore painting the interior back of your cabinets or bookshelves in the hue, or using hints of the colour in all kinds of artwork, throw cushions and other decorative accessories. KITCHEN

Coral in the kitchen can really kick up your decor a notch. Warm, inviting and unexpected, the colour works well with a plethora of wood options, tableware and accessories. “The colour pairs well with palm leaf fabrics, which really liven up a tired

kitchen for an instant tropical vibe,” says Rosaci.“You can even just add a little warmth with coral upholstered bar chairs to go with a white, modern kitchen.” BEDROOM

Try popping a few coral pillow cases into your existing grey bedsheets and watch it instantly look refreshed, revitalized and inviting. Unlike Orange, Living Coral works beautifully with black. “Every room should have an accent of black to draw the eye in,” says Rosaci. “With coral, the look is very soothing and not as jarring as black and orange, which can look like a Halloween décor ad.” Lastly, even as a winter trend, Living Coral looks especially glamorous with winter white and faux fur while still being a colour that transitions well into the spring and summer. Ahh yes, summer, it may not be here yet, but Living Coral certainly reminds us that warmer days are only a paint brush away. Come check out Nicholas Rosaci at the 2019 GTA’s Home & Reno Show from Feb. 15 – 18 to learn more design tips and tricks from the finest design experts in the city. When it comes to DIY, design, style, and personality, Nicholas Rosaci raises the bar with a flair for creating chic, confident and glamorous spaces that cross the divide of modern versus traditional. Nicholas launched Nicholas Rosaci Interiors immediately after graduating from the Humber College Interior Decorating / Design program. Since then, he has created an array of chic interiors and “DIY projects” for CityLine and Kimberley Seldon’s Dabble Magazine as the “DIY GUY”.

+MORE INSPIRATION ONLINE nexthome.ca/news/inspiration

nexthome.ca  33


INSPIRATION |

foodie

BRUSSELS SPROUTS done differently!

Typically paired with bacon, which to be frank, is a bit of a lazy way to cook them – we all know if you put bacon with anything it’ll bring it to life! For a change, I’d like to present to you (hopefully with an open mind) a vegetarian option – so now non-carnivores in your life can enjoy these delicious little guys along side everyone else at the dinner table.

TOP TIPS FOR

BRUSSELS SPROUTS • When buying these guys, lean towards the larger ones and cook them cut in half. This allows moisture and seasoning to penetrate the interior delivering an evenly cooked vegetable. You can certainly cook them whole but be sure to at least cut them during your cooking process to make check they’re perfectly done on the inside. • Think al dente. Nothing will add fuel to the fire of sprout naysayers quicker than a soggy sprout. Cook slowly and check often. You want them on the table still a tad crispy — remember, they will still continue to cook slightly once removed from your pan.

34

Chef Mike Ward, Food Editor NextHome+ CondoGuide


TAKES

15 MINS SERVES

4

Brussels sprouts with sun-dried tomatoes & Parmesan This mouth-exploding dish delivers monster flavours all without using bacon. Who would have thought this was possible with Brussels sprouts? INGREDIENTS » 4 cups of Brussels sprouts, cut into halves » 1/2 cup rough chopped sundried tomatoes » Zest and juice of 1/2 lemon » 1 tbsp. white wine vinegar » Small block of Parmesan cheese » 1/2 tsp of chili flakes (to taste)

INSTRUCTIONS » On medium/high heat, pan-sear Brussels sprouts with a good splash of olive oil (season with salt and pepper). Once sprouts have browned, reduce heat to medium and add a 1/4 cup of water and 1 tbsp. of vinegar. » Let liquids completely reduce until gone – this will steam the sprouts and assure they’re cooked through while still firm and a tad crispy. Once pan is near dry turn heat up again to medium/high, add a small splash of olive oil, add sun-dried tomatoes, zest and juice of half the lemon and chili flakes. Toss for two minutes, check seasoning and plate up with cracked pepper and a generous zesting of Parmesan. Another squeeze of lemon can be nice and a little drizzle of your fav olive oil. nexthome.ca  35


PROPERTY PROFILE

LAWRENCE PARK EMBRACES BOUTIQUE CONDO LIVING AT

THE WINSLOW A recent addition to the Lawrence Park neighbourhood is drawing a lot of attention — a boutique condo introduced by Devron Developments, The Winslow. A visit to the sales centre is the first step in experiencing the new condo-living lifestyle. Designed as a replica of an available suite, purchasers can experience the generous spaces and upscale finishes of condo living, specific to The Winslow. The model suite showcases the exceptional aesthetic and functional design of condominium. The internationally acclaimed interior design firm, II BY IV Design, has crafted suites with a luxurious finish, from Miele appliances enclosed in an elegant panelled kitchen, to the Kohler standing tub in the spa-like ensuite. “The sales centre interior reflects the language of the building,” says Dan Menchions, Principal, II BY IV Design. “It incorporates the same high-quality materials and craftsmanship that characterize The Winslow, with an attention to detail that is unique 36  NextHome+CondoGuide  |  Jan. 19–Feb. 2, 2019

to Devron residences.” The interiors showcase true materials, with natural stone counters and engineered hardwood flooring. Carefully curated colour palettes bring a quiet elegance to every suite, so The Winslow feels like an established home that is always evolving. Impressive amenities add to the comfort and lifestyle afforded to residents. A 24-hour concierge is available to assist residents with daily needs, secure deliveries, greet guests and provide peace of mind. A party room offers residents the pleasure of entertaining on a grand scale from the comforts of home while the guest suite is a further extension of hospitality. The fitness facility and lounge add more spaces for recreation and wellness, and as a petfriendly community, families will appreciate the pet wash amenity – a practical lifestyle component. Every element has been given thoughtful consideration. “The intimate marble-cloaked lobby was conceived to feel like entering the vestibule of a private home,” says Menchions. “With consistent


The interiors showcase true materials, with natural stone counters and engineered hardwood flooring

design elements carried through the lobby, the suites, and all amenity spaces, these areas are thoughtfully connected. A carefully curated selection of lighting is also employed to affect a range of moods within the amenity spaces, as you would find in a home.” With large suites and stylish finishes, this thoughtfully designed building responds to the needs and lifestyle of the community. The intimate nine-storey midrise condo offers just 59 residences, ranging from 1,100-sq.-ft. one-bedrooms to sprawling 4,200-sq.-ft. five-bedroom homes. Devron Development’s vision for The Winslow is to complement the established neighbourhood. Lawrence Park has long been known as one of Toronto’s most luxurious garden suburbs. Large homes, expansive greenspace, and ravine overlook, it is a truly sought-after address. The Winslow has already garnered a lot of interest from residents within the community who look to downsize from a very

large home without losing that luxury of space. “To suit the ethos of Lawrence Park, we have developed a housing option with all the style and comfort of a luxury home without the boastful air of ultra-luxury,” says Pouyan Safapour, Chief Operations Officer at Devron Developments. With decades of experience building customized luxury homes in prestigious Toronto neighbourhoods like Lawrence Park, the Devron team is primed to capture this ethos better than anyone. “The Winslow was designed to integrate with its enclave of Georgian and Colonial houses, so the structure will feel like it has always been here,” says Safapour. “With all suites in excess of 1,100 square feet and over 95 per cent being two bedrooms or larger, we are creating precious opportunities for new people to live in Lawrence Park and providing viable options to relocate from a family house without leaving the neighbourhood.”

The Winslow is located at 2781 Yonge Street. This 9-storey multi-residential manor will showcase 59 familysized suites ranging from 1,100 to 4200+ sq. ft. To ensure you don’t miss this opportunity at The Winslow, be sure to register online at thewinslow.ca nexthome.ca  37


TRENDING

PMA BRETHOUR REALTY GROUP LAUNCHES PMA URBAN WITH CHRIS MARKOVIC NAMED PRESIDENT

PMA Brethour Realty Group has launched a new Division called PMA Urban, named industry veteran Chris Markovic as its president. PMA Brethour’s 50-year track record offers real estate sales services for new low-rise homes and condos, resale homes, resorts and retirement communities, authoritative market research, planning and development consulting services, land sales and services, professional sales 38  NextHome+CondoGuide  |  Jan. 19–Feb. 2, 2019

training and education, mystery site shops services and TAPS technology in partnership with SmartTouch Technologies. The company, headquartered in Markham, also has offices in Toronto, Calgary and Ottawa. “With Chris Markovic joining as president of PMA Urban, this announcement reinforces our company’s commitment to bolstering our service deliverables to the high-rise condominium developer community,” said PMA

Brethour CEO and Chairman Andy Brethour. A creative and results-driven real estate industry marketer for the past 25 years, Markovic brings North American leadership experience and a market research intelligence background, having served in various management and sales positions, most recently with Dundee 360 (Sotheby’s International Realty), Colliers International (Canada) and The Minto Group.

PHOTO BY EVAN EISENSTADT

PMA Brethour’s CEO & Chairman Andy Brethour names Chris Markovic (at right) President of newly formed division, PMA Urban


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Happy New Year! YEAR OF THE

PIG

nexthome.ca  41


2019 YEAR OF Forecast for the 12 Chinese Zodiac Signs

Pig

Rat

Ox

Conflict with “Tai Sui” this year Year Of Birth (Y.O.B.): 1947, 59, 71, 83, 95 This is the year of your own horoscope sign. Always exercise caution as the year will not be smooth, and you can easily offend certain people. But the “Yuet Dek” and “Ngam Luk” lucky stars shining brightly will enhance your fortune to a certain extent to avoid danger. Remain low key throughout the year to bring in good luck.

Meeting benefactors but pay attention to health Y.O.B. 1960, 72, 84, 96, 2008 Fortune is fair this year so don’t be careless. The benefactor star “Yuet Dak” enters your world and protects you from disasters and clears obstacles. You will encounter the “Sei Fu” villain star this year, which will cause health problems. Work and rest on a regular basis and this will solve the problem naturally.

A strong momentum this year Y.O.B. 1961, 73, 85, 97, 2009 The “Tin Yuet Kwai Yan” lucky star helps your career reach new heights. The “Jing Yan” lucky star positively affects your career. This year will be influenced by a small number of “villain” stars. With lucky stars shining, you will be able to achieve your goals if you go slow. Use modesty and harmony as your guiding principles, then everything will go smoothly.

Tiger

Rabbit

Dragon

Meeting your benefactor this year

Good fortune this year Y.O.B. 1951, 63, 75, 87, 99 Driven by the “Saam Hap” lucky star, your fortune will be strong and powerful. You must start with your circle of friends. With good interpersonal relationships, good things will come naturally. Everything will work out. With another lucky star “Tin Hei” shining, money will come your way.

Play defense rather than offense this year

Y.O.B. 1950, 62, 74, 86, 98 In a year with the “Luk Hap” lucky star shining, you can increase your money and people energy via Feng Shui arrangements. However, you’ll be disrupted by two small negative stars. Beware of “wicked people”, “gossips” and lawsuits”. Don’t be too greedy, and be careful with everything that you do.

42  NextHome+CondoGuide  |  Jan. 19–Feb. 2, 2019

Y.O.B. 1952, 64, 76, 88, 2000 Your fortune is relatively stable. Adopt a conservative strategy, because dragons will soar in the Year of the Rat. The “Tin Gai” lucky star can resolve disasters, lawsuits and disease. Pay attention to your spleen, stomach health, eat less cold food and exercise more. Prevention is the way to go.


THE PIG Snake

Horse

Sheep

Be prepared for a turbulent year

Working hard will bring in results

Pay attention to the appearance of benefactors

Y.O.B. 1953, 65, 77, 89, 2001 This refers to people who like arguing, being unreasonable and get into trouble for running off at the mouth. So, this year it’s important to be very cautious. Your health may not be not good, and there will be many small health issues that will affect your work and money; be careful what you eat.

Y.O.B. 1954, 66, 78, 90, 2002 There will be many new directions in life, and opportunities to improve your career, wealth and marriage. But the opportunity is only for this year, because after the Year of the Pig, your sign will conflict with “Tai Sui”. Pay attention to the health of “wood” (nerve, liver and limbs) and “fire” (heart, blood pressure, eyes and head).

Y.O.B. 1955, 67, 79, 91, 2003 “Saam Hap Tai Sui” means good fortune; career and money matters are on the upswing. The “Ching Lung” and “Tin Goon” lucky stars mean you will meet many benefactors. The “Tin Hung” villain star will affect your mood. Outdoor activities can help you feel better. Pay attention to your spleen and stomach health.

Monkey

Rooster

Dog

Facing “mutual damage” this year

Good love, career and wealth fortune

Fortune rebounds from the lows

Y.O.B. 1956, 68, 80, 92, 2004 Mutual damage means harming one another, which can evolve into contradictions, disharmony among relatives, overall bad luck and poor health. With the two lucky stars “Yik Ma” and “Luk Fan”, your wealth and reputation will be improved. Interpersonal relationships are the key to success or failure.

Y.O.B. 1945, 57, 69, 81, 93 There is no power from the “Saam Hap” or “Luk Hap” lucky stars. The lucky star “Hung Luen” is in charge of your love life and the lucky star “Tai Yam” is in charge of a benefactor and wealth. This can play a positive role to promote these fortunes. Pay more attention to lung health issues.

Y.O.B. 1946, 58, 70, 82, 94 “To Fa” lucky star will enter your life this year, so all love problems will be resolved! “Tin Hei”, the lucky star in charge of wealth, makes everything go well, and you will be supported by benefactors everywhere. Influenced by the “Beng Fu” villain star, be careful with your diet, and exercise more.

nexthome.ca  43


MAKE 2019 A GREAT YEAR OF

THE PIG

This is the Year of the Pig. Are you planning to get married, have a baby or improve your love life? Would you like more joy, popularity, wealth and good fortune? Or maybe you’d like to simply avoid danger and stay safe? The following are a few fun and simple Feng Shui tips to attract luck and avoid misfortune in your home.

1

The White Taam Long

This star is positioned in the west this year and is the “Peach Blossom Position” to bring good luck. It affects career, popularity and your love life. However, since this year is considered a “three-danger” position, try and keep a low profile. Try this: Six coins added to salt water can be used to stabilize the Qi (energy) field.

2

The Black Gui Mun

This star belongs to the earth among the five elements. This year it’s positioned at the northeast area of your home. This is considered a “small illness position”, or a position of misfortune. If you rest or work here, you’re prone to getting sick easily. The oldest woman or female owner of the house should avoid this area. Try this: A gourd or six ancient coins can resolve the crisis.

3

The Aquamarine Luk Chuen

This star belongs to wood in the five elements. This year it’s positioned in the south area of your home and is a misfortune position representing “gossip” and “argument”. Try this: Use an ever-lit lamp to resolve. Install a red carpet, vent the misfortunes of this star, and turn it into positive energy and good fortune.

THE 5 ELEMENTS: Wood

44  NextHome+CondoGuide  |  Jan. 19–Feb. 2, 2019

Fire

Earth

Metal

Water


4

The Green Man Kuk

The star belongs to the earth in the five elements. This year it’s positioned in the Southwest, which is a “big illness’ position, one of great misfortune. Avoid working or resting here for a long period of time. Try this: Place a golden gourd and a cornucopia with 36 coins on the diagonal line to the southwest position.

6

The White Mo Kuk

This star belongs to wood in the five elements, and favours career and exams. This year it’s positioned in the north, a lucky position. Try this: Use blue or green carpet in that area and place a 13-level Man Cheung pagoda, the Four Treasures or the four stems of a lucky bamboo. Studying here will help good luck in exams.

5

The Yellow Lim Jing

This star belongs to metal in the five elements. It is a wealth position and considered lucky. This year it’s positioned in the East (wood), which is exactly the opposite to the star (metal). Try this: Place a lucky bamboo in water to resolve the metal-wood conflict and help promote the positive energy of career and wealth.

7

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8

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The Purple Yau But

This star belongs to metal in the five elements. This year it’s positioned in the Southeast (wood), leading to a metal-wood conflict. This star represents misfortune, which may mean theft, wicked people, gossip and financial troubles. The metal must be drained with water. Try this: Use six coins in the safety of water to resolve.

This star belongs to the earth among the five elements. This year, it is trapped in the middle and difficult to bring into full play. The global economy will be in crisis and you must be careful when investing. Try this: If you want to be more prosperous, place an oval marble coffee table in the middle of the living room, put a small Taishan stone on top and add a square glass cup to resemble heaven and earth.

This star belongs to fire in the five elements. It’s in charge of marriage, celebration and childbearing. This year it’s positioned in the Northwest, which has a negative meaning of a “burning palace”, although it is a “celebration” lucky position. Be careful when using the number nine purple star, otherwise fortune will change to misfortune. Try this: Use eight round pebbles and add a wooden gourd to increase fortunes of the male owner and eldest son in the house.

nexthome.ca  45


GREATER TORONTO

CHINESE NEW YEAR

ACTIVITIES Chinese Students & Scholar Association (CSSA) 2019 Chinese New Year Gala Feb 1, John Bassett Theatre More than just a student gala, everyone is welcome to celebrate with singers Tia Ray, Young Jack, Chen Hong Yu and Dashan, plus a host of student performers. https://mp.weixin.qq.com/s/ jEnJvo5UKkaG6prfyi1Spg Chinese Cultural Centre of Greater Toronto Cccgt.org Feb 2 Experience a cultural celebration with Lion Dance, Chinese music and God of Fortune at this community celebration. Feb 8, Year of the Pig Banquet Enjoy an eight-course traditional festive Chinese banquet, enhanced by fabulous entertainment, lion dance, and God of Fortune!

46  NextHome+CondoGuide  |  Jan. 19–Feb. 2, 2019


Toronto Bodhi Meditation Centre - 2019 Chinese New Year Celebration Feb 2, Toronto Bodhi Meditation Centre Come celebrate with a festive dinner, lion and dragon dances, performances, God of Fortune and first wishing incense for the New Year! http://putitoronto.org/en/20181216-1/ The 6th Chinese New Year Gala 2019 Feb 4, Sony Centre CNTV is holding its sixth annual Chinese New Year Gala. This gala will incorporate and introduce an extension of Chinese culture among many political and business celebrities, from Eastern countries to Western countries! https://www.cntvcanada.com/index. php/event/2019/海外春晚 An Accident of Love (Musical) lunarfest.com Feb. 5, Sony Centre, Toronto LunarFest presents a special feature for the whole family, a musical adaptation of the 1983 popular Taiwanese film, “Papa, Can You Hear Me Sing?” An Accident of Love, with more than 30 classic Mando-Pop songs, is led by the famous female singer Della Ding Dang. The musical tells a classic story about family and chasing dreams.

LunarFest Visual Arts lunarfest.com Feb 16–17, Varley Art Gallery, Markham Help Unionville celebrate the Year of the Pig and kick off the Family Day long-weekend at Varley Art Gallery. Enjoy the Arch of the Blessings and immerse yourself in the sounds of culture. LunarFest Celebrations lunarfest.com Feb 18, Living Arts Centre, Mississauga LunarFest returns in style at its new home in the GTA – the Living Arts Centre in Mississauga! Join us this Family Day for all sorts of fun and games, from fortune-telling and doing a Moon Crawl to doggie arts & crafts and more! LunarFest Visual Arts lunarfest.com Feb 16–17, Varley Art Gallery, Markham Help Unionville celebrate the Year of the Pig and kick off your family day long-weekend at Varley Art Gallery. Enjoy the Arch of the Blessings and immerse yourself in the sounds of culture.

Dragon Ball 2019 Feb 9, Beanfield Centre The Dragon Ball is the annual benefit gala for Yee Hong Community Wellness Foundation. It is one of Toronto’s premier gala events and the largest fundraising gala celebrating the Chinese New Year. https://www.yeehongdragonball.org/ Chinatown BIA Chinese New Year Celebration Feb 9-10, Dragon City Mall and Chinatown Centre Ring in the New Year with lion dance, Kung Fu and traditional Chinese performances. Celebrate with God of Prosperity and Chinese New Year activity booths. https://www.chinatownbia.com/eventsnews/ chinese-new-year-celebration/

nexthome.ca  47


Happy New Year! FROM YOUR FRIENDS AT

48  NextHome+CondoGuide  |  Jan. 19–Feb. 2, 2019


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FINANCES

TIPS ON FINANCIAL TOUGH LOVE SETTING BOUNDARIES AND COACHING CHILDREN AND ADULT CHILDREN IS KEY

Many parents feel the need to give financial support to their grown children well into adulthood, from welcoming them back home after graduation day to helping them pay off their credit card. In fact, one-infive Boomers (19 per cent) admit they would consider putting their own security and financial future at risk to help support their adult children. Research from TD Canada Trust shows the majority of Boomer parents have financially supported their adult children in some capacity. They have let them live at home rent free (43 per cent), subsidized big purchases like a new car or computer (29 per cent), contributed to monthly bills like groceries and rent (23 per cent), and helped pay off their credit card or other debt (20 per cent). Experts at TD Canada Trust warn too much financial support – coupled with mortgage payments, retirement savings, and even elder care – could put a serious strain on Boomers’ finances. Today’s high youth unemployment, increasing post-secondary education costs and high property prices means many young people are more likely to rely financially on their parents well into adulthood. As a parent, it’s natural to want to help when children struggle with finances, but it’s important this support does not compromise your own financial stability and retirement savings goals. 50  NextHome+CondoGuide  |  Jan. 19–Feb. 2, 2019

Family relationship expert and social worker Gary Direnfeld said a little tough love is essential to avoid a cycle of dependency and to maintain healthy family dynamics. “Some parents worry too much about being liked by their kids, but as parents it’s our job to teach our children financial independence so they learn how to cope with frustration, overcome adversity and appreciate the value of a dollar,” Direnfeld said. “Even if money is not an issue, setting boundaries and knowing when to say ‘no’ from the time kids are young will help develop responsible young people, so we don’t end up with a generation of dependent adults.”


Additional advice from the folks at TD and Direnfeld on how Boomer parents can practice tough love when it comes to family finances: 1 | HAVE OPEN AND HONEST CONVERSATIONS

Don’t assume that everyone is on the same page; be clear on what you are and are not willing to support financially. For example, if grown children move back home, will they be responsible for paying rent or covering any household expenses, and what are the implications if downsizing is a future consideration? If the support strains your finances, share those concerns and explain the basis for your decision to cut back or say ‘no’. The big challenge is withstanding the initial backlash and staying firm. Depending on the circumstances, some families find it useful to seek support from a third party, like a financial advisor or social worker. 2 | PAY YOURSELF FIRST

It is vital to prioritize retirement savings in peak earning years, so parents should refer to their financial plan before lending a hand to their children. Millennials have decades left in the workforce to earn money, but Boomers likely do not. If parents can’t support themselves in retirement, then they risk shifting the financial strain onto their children instead. To make saving simpler, set up regular preauthorized transfers of a set amount into an RSP, and ideally, a TFSA for emergencies. Saving automatically can help parents resist the temptation to splurge on their children instead of saving for the future. 3 | BUDGET AND PLAN FOR GENEROSITY

Fifty-four percent of parents estimate that even though their

adult children are not attending school, they provide between $100 and $300 each month in financial support. The research also found 18 per cent of parents have helped their children with the down payment on their first home. Regardless of how much support parents offer, it’s crucial to budget for it. Before helping with a down payment, speak with a financial planner and mortgage expert in tandem to understand the financial implications and, more importantly, to find out if all parties can truly afford to do it. If your child has saved a sizable down payment and proven they are ready to take on the responsibility of a mortgage, topping up their down payment could save them thousands of dollars in the long run if you have the means.

TOWNS & SINGLES in CALEDONIA See page 2 for more information

4 | BE A ROLE MODEL AND TEACH FINANCIAL LITERACY

The experts all agree that teaching children about money from a very young age can help prevent a cycle of dependency. But, for parents who feel the strain of supporting adult children today, they recommend firm but measured action. “Parents should gradually shift their role from financial aid to financial coach, and help their kids establish a plan to get their expenses under control and pay down debts. Direnfeld says that grown children need to understand independence means owning their own consequences, and he says parents should let their children learn this lesson through experience rather than making a decision to support them out of guilt. “Being a role model is only as good as the example you set; let your children see that you hold them accountable for their own decisions,” said Direnfeld.

LosaniHomes.com

nexthome.ca  51


ADVICE | LEGALLY SPEAKING

THE CITY AND YOU BY-LAWS, PLANNING, COMMITTEE OF ADJUSTMENTS

JAYSON SCHWARZ

Your local municipality is one of the major influences that affects your present or future home. A by-law is a law passed by a municipality to create the rules under which it will operate and to achieve a variety of purposes. The planning department in a municipality will recommend to its council issues such as growth patterns and traffic handling, which help generate the long term planning goals that will regulate the various uses of different lands and will generally establish everything relating to land-use that you could think of. Council will then enact a by-law to give efficacy to those intentions. As an example, one such by-law is a zoning by-law. These are laws that regulate land-use within the municipal boundaries. In other words, what will the city allow a on this lot. A house? A factory? Or a high rise condo building? What will be the set backs? The density or the height restrictions? The city uses zoning by-laws to execute its land-use planning intentions. When buying a resale home there are many things to check out — zoning and other city by-laws are among them. What does that mean? Here are some examples. What if that beautiful deck in the backyard was constructed without a building permit? What if you want to build an extension? In both cases, by-laws will have a 52  NextHome+CondoGuide  |  Jan. 19–Feb. 2, 2019

significant impact. In the first issue, you may end up with an order that says the deck must be removed after you buy and in the second you may be prevented from putting on the extension because it may be to close to the lot setbacks or maximum coverage. The next and most obvious question must then be, how do I protect myself? One way is through a land survey. When you make the offer make sure it says there is a current survey available, or a survey showing all structures on the property to be provided by vendor. Don’t let anyone tell you that this is covered by title insurance — without a survey, there can be other problems. Check to determine on the land survey whether all of the structures on the property are actually on it. If they do not appear, you will need to find out whether they were legally constructed. Then ensure your lawyer speaks to you about what you want to do with the property before the offer is final. This is extremely serious. I once had a dentist come to me after he had seen another lawyer and had purchased a condominium that he thought could be used for his dental practice. It turned out that although it was zoned, commercial a dental office was not allowed. It took months and many thousands of dollars to sort out the mess. One of the best things to do when purchasing a resale home is to go to the municipal zoning department and ask to purchase

the zoning by-law. You can study your area and the particular zoning requirements that apply to the property you are purchasing. You can also determine through examining maps and zoning designations what is allowed around you. At the same time ask to see the “Official Plan” which is the master blueprint for properties in your municipality. Also remember, that there may be more than one layer, so you may have to check regional levels as well (for example – Clarington has its own rules but is part of the Region of Durham and the Region’s decisions will affect a homeowner in Clarington). What happens if you encounter a zoning issue and want to overcome it? Normally, and provided the issue can be resolved through a variation minor in nature, an application can be made to the local Committee of Adjustment, and the Committee is empowered in law to grant variances that are minor in nature. Perhaps the most difficult part of writing these articles relates not the actual writing, but thinking of a topic to address. So help me by contacting me. See my contact information below. Jayson Schwarz LL.M. is a Toronto real estate lawyer and partner in the law firm Schwarz Law LLP. Visit online at schwarzlaw.ca or email info@schwarzlaw.ca with your questions, concerns, critiques and quandaries.

+MORE ADVICE ONLINE nexthome.ca/news/advice


HOT PROPERTIES

FIND YOUR NEXT HOME The latest properties in the Toronto area to keep your eye on

GTA PREVIEW REGISTRATION 1. DOWNSVIEW PARK By: Mattamy Homes City: Toronto, North York Housing type: Condominium mattamyhomes.com

2. SUGAR WHARF By: Menkes City: Toronto Housing type: PATH-connected waterfront condos menkes.com

3. KLEIN ESTATES By: Lindvest City: Kleinberg Housing type: Upscale detached homes on 42 and 50 ft. lots lindvest.com

F. SUMMERLYN VILLAGE

NEW OPENINGS

4. BIJOU ON BLOOR

A. GEORGINA HEIGHTS

By: Plaza City: Toronto Housing type: Condominium pureplaza.com

By: Treasure Hill City: Keswick Housing type: Bungalows, bungalofts and singles treasurehill.com

5. 8 CUMBERLAND By: Great Gulf & Phantom Developments City: Toronto Housing type: Condominiums from the low $700s 8cumberland.ca

6. ADENA VIEWS By: Treasure Hill City: Aurora Housing type: Luxury singles on 36, 40, 45 and 60 ft. lots treasurehill.com

7. CHARISMA CONDOMINIUMS By: Greenpark Group City: Vaughan Housing type: Condo charismacondos.ca

8. TRENDI By: Treasure Hill City: Markham Housing type: Phase 3 release of modern townhomes. Register now. treasurehill.com

+

B. UPPER VALLEYLANDS By: Fieldgate Homes City: Brampton Housing type: Semis, single-detached and freehold townhomes from upper $500s fieldgatehomes.com

C. SATURDAY IN DOWNSVIEW PARK By: Mattamy Homes City: North York Housing type: Mid-rise condominium mattamyhomes.com

D. IMPRESSIONS

By: Great Gulf City: Bradford Housing type: Detached homes greatgulf.ca

G. KING’S LANDING By: Concord Adex City: Toronto Housing type: Condominium concordkingslanding.com

H. AQUALUNA By: Tridel City: Toronto Housing type: Condominium tridel.com/aqualuna

I. NINTH + MAIN By: Pemberton City: Stouffville Housing type: Condominiums and towns pembertongroup.com/stouffville/

By: Fieldgate Homes City: The Village of Kleinburg Housing type: Luxury singles fieldgatehomes.com

E. KINGSVIEW RIDGE By: Treasure Hill City: Oshawa Housing type: Bungalows and single detached homes treasurehill.com

MAPS Locate properties using the map on the following page

BUILDERS IF YOU WOULD LIKE TO INCLUDE YOUR PREVIEW REGISTRATION, NEW RELEASE OR SITE OPENING IN THIS FEATURE, JUST EMAIL THE DETAILS TO EDITORIAL@NEXTHOME.CA nexthome.ca  53


HOT PROPERTIES / GREATER TORONTO AREA

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54  NextHome+CondoGuide  |  Jan. 19–Feb. 2, 2019

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ADVICE | MARKETING WISE

3D-PRINTING WILL IT REVOLUTIONIZE NEW-HOME BUILDING?

KELLY RYAN

From prosthetics to engineering prototypes, 3D-printing technology is bringing innovation to virtually every industry — so can real estate be far behind? Some may view 3D-printing as a novelty, but there are a number of very real applications where it might be brought to bear in the way homes are built and sold in the future. And, as these advancements become more accessible and affordable, 3D-printing could become a real game changer for both home builders and their customers. Take new-home décor. The first commercially available 3D-printed residential faucet has been introduced — a breakthrough that may soon allow interior designers to design a model home interior with décor fixtures and accessories that are the perfect shape, size and colour. I predict new-home purchasers with their own 3D-printers will be able to customize almost anything they can imagine within their homes in the future ¬— from shelves and vases or wall art, and any number of home décor fixtures and accessories. Imagine being able to create these items on your own! Builders, too, are starting to produce scale models of new condos or low-rise homes using 3D-printers, and it’s quite possible that instead of buyers viewing a 56  NextHome+CondoGuide  |  Jan. 19–Feb. 2, 2019

2D-floorplan, they will be able to inspect a 3D-printed model of their new home instead. But if you can produce home accessories or scale models of a home with a 3D-printer, what’s to stop you from printing an actual home? Apparently not much. In fact, it’s already possible to 3D-print a home as was done recently by Apis Cor, a San Francisco-based start-up whose design team created an entire house using 3D-printing in just 24 hours. Mind you, this house was only 400 square feet in size – about the size of a hotel room – but it offered quite a viable living space for those who are part of the “tiny home” movement. And it cost only $10,000 – a price that has already been beat by others. A Silicon Valley non-profit that builds housing in the developing world, just unveiled a new 3D-printer that can also print a house in less than a day for just $4,000. And DUS Architects, a Dutch architectural firm that has been 3D-printing houses since 2012, now has a huge 3D-printer that can build using local recycled materials, thus reducing transport, material and manufacturing costs.

Down the road, 3D-printing might become a solution to the world’s housing crisis Still, homebuyers in the GTA love their “bricks and mortar” too much to believe that 3D-printed homes will be offered in any of the area’s residential communities anytime soon, however, it’s an innovation that real estate developers and marketers will be keeping their eyes on. 3D-printing used to be the stuff of science fiction, but now who knows? As digital design software continues to advance, and desktop scanners and 3D printers become more and more affordable, 3D-printing will become an ever more enticing alternative to mass manufacturing – and a valuable new tool in the homebuilder’s tool box.

Kelly Ryan is a senior partner at Ryan Design International, an awardwinning real estate marketing firm promoting new home communities across the GTA and around the world.

+MORE ADVICE ONLINE nexthome.ca/news/advice


FLDGVALL_41-4B


PROPERTY PROFILE

AMBRIA HOMES ANNOUNCES THE OFFICIAL GRAND OPENING OF MODEL HOMES AT RIVERBEND ESTATES Luxurious interiors beckon with elegant estate living featuring soaring nine foot ceiling heights (coffered, waffle or cathedral in design), large covered porches, spacious foyers, and generous walk-in closets. Private, prestigious and nestled in lush nature, Ambria Homes is has introduced the finest in model home designs at Riverbend Estates. As one of Peterborough’s most anticipated new communities, homebuyers have an exclusive opportunity to purchase a luxurious estate home on the beautiful Otonabee River. Tour the two incredible designer-decorated model homes and get a first-hand look at the amazing floorplans. Incorporating elegant and sophisticated design elements, The Windemere II offers the ultimate in stylish open-concept living. At 4,148 square feet, the model features four spacious bedrooms, fourand-a-half baths, and a three-car garage. The Redstone model, at 58  NextHome+CondoGuide  |  Jan. 19–Feb. 2, 2019

2,596 square feet, boasts three bedrooms, two-and-a-half baths and a two-car garage, offering an array of luxurious features and premium finishes. Priced from the high $700s, Riverbend Estates offers a wide range of choices from detached two-storey homes with a retreat to detached bungalows with an optional loft, all on expansive 70 ft. lots. Floorplans range from a comfortable 1,904 square feet to a spacious 4,148 square feet, featuring two to fivebedroom layouts with garages accommodating up to four vehicles. Luxurious interiors beckon with elegant estate living featuring soaring nine-foot ceiling heights (coffered, waffle or cathedral in

design), large covered porches, spacious foyers, and generous walk-in closets. Open to the family room, kitchens at Riverbend feature a choice of designerstyle cabinetry complemented by granite countertops, undermounted stainless-steel sinks, and a flush breakfast bar. Situated off Matchett Line, backing onto the Otonabee River, residents will enjoy a network of pathways and walking trails through the lush Peterborough landscape. Follow the trail to the community boat launch and a gazebo for breathtaking views of the river. Riverbend is close to all major public transportation routes via Peterborough Transit. Residents will also have easy access to Highways 401, 115, and the upcoming 407 extension, making one’s commute to the GTA easier and more efficient. Visit the Riverbend website at riverbendestates.ca for more information, including brochures and drone videography of the spectacular setting.


HOT PROPERTIES

FIND YOUR NEXT HOME The latest properties in Southwestern Ontario to keep your eye on

SWO PREVIEW REGISTRATION

6. SYNERGY

D. LINCOLN ESTATES

By: Branthaven Homes City: Oakville Housing type: Urban trailside condos branthaven.com

By: Losani Homes City: Lincoln Housing type: Single-detached homes losanihomes.com

1. CASA DI TORRE

7. THE OAKES

E. ELEMENTS

By: Branthaven Homes City: Stoney Creek Housing type: Condos from 550 to 978 sq. ft. from the low $300’s branthaven.com

By: Treasure Hill City: Oakville Housing type: 41 and 45 ft. detached family homes TreasureHill.com

By: Mountainview Homes City: St. Catharines Housing type: Luxury oneand two-bedroom condos elementscondo.com

NEW OPENINGS

By: Mattamy Homes City: Oakville Housing type: Townhomes mattamyhomes.com

2. ONE TWENTY CONDOMINIUMS By: Mountainview Homes City: Fonthill Housing type: Condominiums mountainview.com

3. THE MCKENZIE By: Losani Homes City: Caledonia Housing type: Towns and singles mckenziecaledonia.ca

4. BRANT WEST By: Losani Homes City: Brantford Housing type: Towns and singles brantwest.com

A. LION’S CREEK By: Mountainview Homes City: Niagara Falls Housing type: semis lionscreekhomes.com

B. VISTA RIDGE By: Losani Homes City: Beamsville Housing type: townhomes and detached losanihomes.com

5. THE PENINSULA

C. SPARROW MEADOWS

By: Losani Homes City: Paris Housing type: Towns, semis and singles parispeninsula.com

By: Mountainview Homes City: Welland Housing type: Singles and townhomes sparrowmeadows.com

+

F. THE PRESERVE

MAPS Locate properties using the map on the following page

BUILDERS IF YOU WOULD LIKE TO INCLUDE YOUR PREVIEW REGISTRATION, NEW RELEASE OR SITE OPENING IN THIS FEATURE, JUST EMAIL THE DETAILS TO EDITORIAL@NEXTHOME.CA nexthome.ca  59


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life+style

Make a Splash INSPIRATION |

IN YOUR SMALL BATHROOM BY CYNTHIA SODA

Good things come in small packages – babies, puppies, kittens, stud earrings – and bathrooms. Don’t let the size of a room fool you into thinking there’s no way to make it function any better than it does. Eco-conscious living is becoming more prevalent, which means many homeowners have smaller spaces and homes versus large mansion-style houses, and a functional design doesn’t discriminate by size. A small space doesn’t mean you have to downsize your collection of hair care products, hairdryers, curling irons and other bathroom necessities. Just make sure you incorporate clever storage solutions in your small space. Choosing full cabinetry under the sink (even if it’s narrow) amps up the storage possibilities, instead of a pedestal sink. Open wood or glass shelves above the toilet can stylishly and neatly hold frequently used items and keep them at the ready. I’m a fan of high contrast and a firm believer that all spaces can benefit in some way from the use of colour, texture and pattern. Add interest through patterns on the floor or use polished or semi-polished large-scale tiles in varying tones or textures to bring in the glam, add personality and make the space feel larger. Contrast polished elements with wood tones or intensely coloured vanities to express your personality. If you want a more monochromatic aesthetic, consider using various textures to add visual interest. Making it pretty is only half the battle, and you may want to consider hiring a professional to tackle that small space. The smaller the space, the more impact per sq. ft. (or inch) is required to get the biggest bang for your buck. Functional style is the name of the game to pack the biggest design punch and get the most out of your small space.

Cynthia Soda is Owner, Principal Interior Designer of Soda Pop Design Inc., a multi-disciplinary interior design firm providing complete custom renovation and design services for residential and commercial clients throughout the GTA. Soda Pop Design Inc focuses on merging the client’s lifestyle, personality and architecture to create customized liveable luxury. sodapopdesign.ca 62  NextHome+CondoGuide  |  Jan. 19–Feb. 2, 2019


INDEX OF ADVERTISERS

Branthaven Homes - Casa Di Torre

24&25

Mattamy Homes - Queen's Common

Condord Adex - Kings Landing

16&17

Menkes Developments Inc. - Harbour Plaza

1

Fieldgate Homes - Impressions

7&55

Menkes Developments Inc. - in.DE

1

Fieldgate Homes - Upper Valleylands

7&55

Menkes Developments Inc. - The Eglinton Yonge at Heart

1

Fieldgate Homes - Valleylands

7&55

Menkes Developments Inc. - Sugar Wharf

Fieldgate Homes - Whitby Meadows

7&55

Mountainview Homes- Lyons Creek

38

5

Mountainview Homes- One Twenty

38

Lindwest - Klein Estates

Losani Homes - Simply Grand

2,12

Pemberton - 9th & Main

Losani Homes - Vista Lincoln

2,12

Plaza - Corporate

Losani Homes - Vista Ridge

2,15

Treasure Hill - Corporate

Mattamy Homes - Downsview Park

OBC

Tridel - Aqualuna

OBC

IFC

9&10

3

13

4&5 nexthome.ca  63


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Finding your next home has never been so easy. Greater Toronto Area Sept. 29–Oct. 13, 2018

The first and only complete guide to pre-construction homes and condos

Greater Toronto Area Sept. 29–Oct. 13, 2018

The first and only complete guide to pre-construction homes and condos

Illustration is artist’s concept. E. & O. E.

INSIDE:

GTA RESIDENTS SAY MORE HOMES MEANS MORE AFFORDABILITY

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WHAT DOES VACANT POSSESSION MEAN?

2018-09-20 11:10 AM Illustration is artist’s concept. E. & O. E.

INSIDE: DANART18032 NextHome-CondoGuide Cover_v4.indd 1

GTA RESIDENTS SAY MORE HOMES MEANS MORE AFFORDABILITY

WHAT DOES VACANT POSSESSION MEAN?

2018-09-20 11:10 AM

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WHY BUY NEW? I’M PICKY. LIKE REALLY, REALLY PICKY. ALMOST TOO PICKY. Getting exactly what you want when you walk in: one more reason to buy a new Mattamy home. Personalize your home with a variety of contemporary floor plans, design options, and on-trend fixtures. Your home, your backsplash.

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