GTA Condo Life - March 25, 2023

A Moment in Time on the Lakeshore.

C oming Spring 2023

Exhale Re sidence s is an intimate, 11-storey boutique condominium with delight ful building amenitie s , poise d bet ween the urban energ y of the cit y and parks , golf course s and lake shore It’s where the stre s se s of the day disperse as you surround yourself in the realization that your home is your happy place your de stination Bet ween the vibrancy of downtown Toronto and the quaint downtown of Por t Cre dit Exhale Re sidence s is where you can just Be

GOVERNMENTS, EH?

Governments… we count on them to provide leadership and do what is right for the masses. In the context of housing, this means, among other things, devising policy that makes sense.

Take, for example, the federal Prohibition on the Purchase of Residential Property by Non-Canadians Act that came into effect Jan. 1, for a period of two years. The purpose was to restrict foreigners from buying homes in Canada, to make more of the existing housing supply available to Canadians.

Perfectly valid action, right?

However, as Building Industry and Land Development Association (BILD) CEO Dave Wilkes explains on page 50, the Act actually risks making Canada’s housing supply crisis worse, not better. As written, the Act prohibits Canadian companies with more than three per cent foreign ownership from buying vacant land or farmland for residential development, or from purchasing properties with less than four units on them, thereby inhibiting assembling parcels of land for multi-unit construction.

Importantly, this legislation effectively cuts off access to foreign investment for new home construction (a routine occurrence, as in other industries), putting future housing projects at risk.

Builder associations across the country – BILD in the GTA, to the national Canadian Home Builders’ Association, and the Residential Construction Council of Ontario at the provincial level – are lobbying for amendments.

WAYNE KARL EDITOR-IN-CHIEF Condo Life Magazine

EMAIL: wayne.karl@nexthome.ca

TWITTER: @WayneKarl

Turning to local housing policy issues, the City of Toronto recently tabled its Housing Action Plan 2022-26, which identifies a strong “made-inToronto, multi-pronged and transparent approach to increasing housing supply, choice and affordability for current and future residents.”

Again, this is a sensible, worthwhile and necessary initiative by government.

Trouble is, Toronto is currently without a mayor, given John Tory’s recent resignation, and residents will vote for a new city leader on June 26. In the coming weeks, as potential candidates throw their hat into the ring and map out their platforms, it will be interesting to learn where each of them stands on housing. Some are already saying they don’t necessarily agree with some of the changes proposed in the housing plan – leaving room for doubt about whether they have progressive views on such matters.

You know, the types of positions that will prevent a repeat of the recent federal overreach, and that actually help resolve, not complicate, the issues.

PERSONAL FINANCE | JESSE ABRAMS

Jesse Abrams is Co-Founder at Homewise, a mortgage advisory and brokerage firm based in Toronto. thinkhomewise.com

WESTERN VIEW | MIKE COLLINS-WILLIAMS

Mike Collins-Williams, RPP, MCIP, is CEO West End Home Builders’ Association. westendhba.ca.

HOME REALTY | DEBBIE COSIC

Debbie Cosic is CEO and founder of In2ition Realty. She has overseen the sale of more than $15 billion worth of real estate. With Debbie at its helm, In2ition has become one of the fastest-growing and most innovative new home and condo sales companies. in2ition.ca

REALTY INSIDER | MICHAEL KLASSEN

Michael Klassen is the Broker of Record, Eleven Eleven Real Estate Services. Based in Toronto, this firm is a residential pre-construction listing brokerage. 1111realty.ca

REAL ESTATE PRO | BARBARA LAWLOR

Barbara Lawlor is President and CEO of Baker Real Estate Inc., and an indemand columnist and speaker. A member of the Baker team since 1993, Barbara oversees the marketing and sale of condo developments in Canada and overseas. baker-re.com

DECOR | LINDA MAZUR

Linda Mazur is an award-winning designer and Principal of Linda Mazur Design Group. With almost two decades of experience this in demand multi-disciplinary design firm is known for creating relaxed, stylish spaces and full-scale design builds throughout the GTA and Canada. lindamazurdesign.com @LindaMazurGroup

STAT CHAT | BEN MYERS

Ben Myers is President of Bullpen Consulting. Ben provides pricing recommendation, product mix, and valuation studies on new residential housing developments for builders, lenders and property owners. bullpenconsulting.ca

BIG STYLE, SMALL SPACES | LISA ROGERS

Lisa Rogers is Executive Vice-President of Design for Dunpar Homes. Lisa has shared her style and design expertise on popular television programs such as Canadian Living TV, House & Home TV and The Shopping Channel. Lisa is also a regular guest expert on CityTV’s Cityline. dunparhomes.com.

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.

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

EXECUTIVE MEDIA CONSULTANT

Michael Rosset

EDITOR-IN-CHIEF – NATIONAL REAL ESTATE

Susan Legge susan.legge@nexthome.ca

EDITOR-IN-CHIEF – GREATER TORONTO AREA

Wayne Karl wayne.karl@nexthome.ca

MANAGING EDITOR Rise Levy rise.levy@nexthome.ca

CONTRIBUTORS

Jesse Abrams, Mike Collins-Williams, Debbie Cosic, Sara Duck, Bilha Kangethe, Michael Klassen, Barbara Lawlor, Linda Mazur, Ben Myers, Lisa Rogers, Jayson Schwarz, Dave Wilkes

SENIOR VICE-PRESIDENT, SALES, NEXTHOME

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GRAPHIC DESIGNERS

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GTA NEW HOME MARKET QUIET IN JANUARY

The GTA new home market saw a slow month in January, the Building Industry and Land Development Association (BILD) reports.

There were 567 new home sales in January, down 81 per cent from January 2022 and 70 per cent below the 10-year average, according to Altus Group, BILD’s official source for new home market intelligence. It was the lowest number of new homes sold in January since Altus Group began tracking in 2000.

Only 186 single-family homes, including detached, linked and semidetached houses and townhouses (excluding stacked townhouses), were sold in January, down 70 per cent from January 2022 and 78 per cent below the 10-year average. It was the lowest level of single-family home sales for January since Altus Group began tracking.

Condominium apartments, including units in low-, medium- and highrise buildings, stacked townhouses and loft units, accounted for 381 units sold in January – the lowest level for January in 14 years. It was down 84 per cent from January 2022 and 64 per cent below the 10-year average.

“We are seeing a modest increase in inventory, due to prospective homebuyers sitting on the sidelines as a result of current monetary policy,” says Dave Wilkes, BILD president and CEO. “But given the rate at which

the population of the GTA and the province is growing, we need to build 1.5 million new homes in Ontario in a decade. We are committed to working with all levels of government to implement the changes necessary to meet this ambitious goal.”

“New home sales started 2023 on a very quiet note,” adds Edward Jegg, research manager at Altus Group. “Developers, particularly in the condominium apartment sector, continue to bring new units to the market, though buyers remain largely hesitant.”

With the launches of two large condominium apartment projects in January, total new home remaining inventory increased compared to

the previous month, to 13,490 units, the highest level in two years. This included 11,869 condominium units and 1,621 single-family homes, representing 7.5 months and 4.8 months of inventory respectively, based on average sales for the last 12 months. A balanced market would have nine to 12 months of inventory.

The benchmark price for new singlefamily homes decreased in January compared to the previous month, to $1.73 million, down 2.3 per cent over the last 12 months. The benchmark price for new condominium apartments decreased in January compared to the previous month, to $1.12 million, which was down 2.0 per cent over the last 12 months.

GTA RESALES DROP IN FEBRUARY BUT UPTICK ON THE HORIZON

February sales in the Greater Toronto Area were down substantially from the pre-rate hike levels of early 2022, the Toronto Regional Real Estate Board (TRREB) reports. However, the number of new listings also dropped substantially year-over-year. The result was that the average selling price and MLS HPI continued to level off after trending lower through the spring and summer of last year.

“It has been almost a year since the Bank of Canada started raising interest rates,” says TRREB President Paul Baron. “Home prices have dropped over the last year from the record peak in February 2022, mitigating the impact of higher borrowing costs. Many homebuyers have also decided to purchase a lower priced home to help offset higher borrowing costs. The share of home purchases below one million dollars is up substantially compared to this time last year.”

GTA realtors reported 4,783 sales through TRREB’s MLS system in February 2023 – down 47 per cent compared to February 2022, the last full month before the onset of interest rate hikes. The number of new listings entered into the system was down by a similar annual rate of 40.9 per cent to 8,367.

“New listings continued to drop year-over-year in the GTA. Recently released Ipsos polling suggests buying intentions have picked up for 2023,” says TRREB Chief Market

Analyst Jason Mercer. “This increased demand will run up against a constrained supply of listings and lead to increased competition between buyers. This will eventually lead to renewed price growth in many segments of the market, especially those catering to first-time buyers facing increased rental costs.”

The average selling price for February 2023 was $1.09 million –down 17.9 per cent compared to February 2022. Some of this decline is attributable to the fact that the share of sales below $1 million was 57 per cent in February 2023, versus only 38 per cent a year earlier. On a monthly basis, the average price followed the regular seasonal trend, increasing relative to January 2023.

The MLS Home Price Index (HPI) Composite Benchmark was down year-over-year by a similar annual rate of 17.7 per cent, but was also up on a monthly basis.

“As we move toward a June mayoral by-election in Toronto, housing supply will once again be front and centre in the policy debate,” adds TRREB Chief Executive Officer John DiMichele. “New and innovative solutions, including the City of Toronto’s initiative to allow duplexes, triplexes and fourplexes in all neighbourhoods citywide, need to come to fruition if we are to achieve an adequate and diverse housing supply that will support record population growth in the years to come.”

RESALE AVERAGE PRICES, FEBRUARY 2023 (YR/YR % CHANGE)

GTA BUILDERS SCORE NATIONAL CHBA AWARDS

Builders and developers from the Greater Toronto Area scored their share of national industry accolades at the Canadian Home Builders’ Association’s (CHBA) National Awards for Housing Excellence.

CHBA recently conferred the honours as part of its Home Building Week in Canada, in Banff, Alta. For a complete list, visit chba.ca/ housingawards.

BRANTHAVEN HOMES

Burlington, Ont.

BEST WEBSITE

“Millcroft Towns,” with II BY IV Design and AdHoc Studio

BEST DIGITAL ADVERTISING CAMPAIGN

“Millcroft Towns,” with II BY IV Design and AdHoc Studio

MARKETING EXCELLENCE AWARD

ARMOUR HEIGHTS DEVELOPMENTS

Toronto

BEST MID- TO HIGHRISE BUILDING (PLANNED)

“89 Avenue Yorkville,” with McOuat Partnership

BEST LONG VIDEO

“89 Avenue Yorkville,” with Gladstone Media, McOuat Partnership and Pureblink

BEST RENDERINGS

“89 Avenue Yorkville,” with Pureblink, and McOuat Partnership

MOUNTAINVIEW BUILDING GROUP Thorold, Ont.

BEST BATHROOM

“The Beaches, Penthouse Suite,” with Aristocrat Floors of the World, Dell Smart Home Solutions Inc., and Nickerson Home Appliances

BEST BEDROOM/SUITE

“The Beaches, Penthouse Suite,” with Aristocrat Floors of the World, Dell Smart Home Solutions Inc., and Nickerson Home Appliances

BEST SIGNAGE

Activa, Waterloo, Ont.: “Net Zero Model Home”

BEST VIRTUAL TOUR EXPERIENCE

Tridel, Toronto: “Queen Church,” with Kirkor Architects, The Brand Factory and Pureblink

BEST SALES OFFICE

Poetry Living, Vaughan, Ont.: “CityPointe Heights,” with Flora Di Menna Design and Impact North Inc.

BEST DETACHED CUSTOM

HOME OVER 5,000 SQ. FT.

Trademark Homes, Oshawa, Ont.: “The View on Balsam”

BEST PRODUCTION

NET ZERO HOME

Terra View Custom Homes Ltd., Guelph, Ont.: “The Avonlea Elevation C,” with EnerQuality, Building Knowledge of Canada Inc. and Bluewater Energy Inc.

chba.ca/housingawards

Branthaven Homes Best Website

Armour Heights Developments Best Mid to Highrise Planned

Mountainview Building Group Best Bathroom

WEHBA WINS NATIONAL HONOUR FOR TOP LOCAL HOME BUILDERS’ ASSOCIATION

The West End Home Builders’ Association (WEHBA) has been awarded the Home Builders’ Association of the Year Award at the Canadian Home Builders’ Association (CHBA) Leadership Awards.

This significant national industry recognition acknowledges the hard work, ground-breaking changes and strategic initiatives put in place over the past year. The award recognizes overall excellence from across the country by a homebuilders’ association for 2022, for delivering a strong and positive voice for the industry and for supporting the business success of members and their ability to provide affordability, quality and choice in housing for consumers.

In 2022, WEHBA finalized and approved a new strategic plan to guide the association for 2022 to 2024, and took bold steps through advocacy efforts, resulting in important public policy changes towards addressing the housing crisis. WEHBA also strengthened the member experience, pivoted its communication efforts, and managed to grow the membership and quality of services.

The association also significantly increased its community presence and involvement, through numerous community initiatives and by forming partnerships with organizations and

institutions that share a similar vision and values.

“We are honoured to receive this prestigious national recognition and are grateful for the support and dedication of the WEHBA staff, members and partners,” says Terri Johns, WEHBA president. “We will continue our longstanding role as an advocate for the industry with various levels of government and we look forward to maintaining active engagement locally, provincially and federally.”

WEHBA member Tom Cochren of Thomas Cochren Homes also received national industry

recognition, as he was named Member of the Year at the CHBA Leadership Awards, for his decadeslong contribution to the residential construction Industry. Over the past few years, the WEHBA has made major steps towards increasing its marketing and advocacy efforts, substantially improving the membership experience and spearheading events and initiatives that support and benefit the local community.

WEHBA also received the top provincial and national honours for local homebuilders’ associations in 2019.

WEHBA CEO Mike Collins-Williams

Tom Cochren, Thomas Cochren Homes

WHY THE GTA CONDO MARKET

LOOKS GOOD OVER THE LONG TERM

a car instead, which may have seen us miss out on an important female voice in GTA development.

that on a few of those sites with access to transit, they can start creating that city feel.

As we look over the skyline of Toronto, the first thing we see is brick, mortar and glass. People behind the scenes devised a plan for each office tower or condo building, purchased the land and managed the project as buildings rose from the ground. One great aspect about my Toronto Under Construction Podcast is the chance it offers to speak with people working in and around the development industry. Recently, I sat down with veteran real estate developer Alison O’Neill.

O’Neill has spent more than 15 years selling and marketing new housing in the GTA with several of the area’s most recognizable developers, including Minto, Adi Developments, Great Gulf and Mattamy Homes. She has been involved with the underwriting and launch of more than 50 projects, resulting in the sale of more than 12,000 homes and condos in Ontario. Her experience covers all types of new development, from small infill projects and masterplanned communities to mid- and highrise buildings.

“It was the best decision I ever made, and then I became obsessed...”

This quote was O’Neill noting her prudent use of the last $10,000 Canadian savings bonds she was gifted from her grandmother for university to buy a $244,000, 796-sq.ft. one-bedroom plus den Liberty Village condo. She almost bought

Later in our interview, she commented on the world of real estate by saying: “Real estate is one of those careers you either love or hate, and I loved it.”

O’Neill worked with various developers, big and small, and fostered this love from all sides, starting with Great Gulf and having the chance to work on iconic projects such as One Bloor, Monde and 357 King, to name a few. Then, downsizing to a much smaller, more intimate developer in Adi Developments.

“It was like going from a Fortune 500 to a start-up vibe, but what attracted me to the role was the chance to build a team, build processes and grow,” O’Neill says.

Eventually, the big guys snagged O’Neill back, and she joined Mattamy Homes.

THE FUTURE OF SUBURBS

As Mattamy Homes leaves such a footprint in the cores of cities and suburban areas, I am a fan of more vertical construction and density in the suburbs. One of the things about Mattamy is that it builds a good mix in many of its communities, building stacked and traditional townhomes, single-family homes and midrise buildings. We need to see more of that in the suburbs. O’Neill notes that they have a lot of other masterplanned communities in the works, a mix of multiple towers, mid- and highrise, and that Mattamy is hoping

INVESTOR MODEL

O’Neill has been able to view, up close, the vital role investors play in the housing ecosystem. In her words, “The investor market is key. If it weren’t for them, we wouldn’t have a rental or housing market, and then we’d have a real supply issue.” Unfortunately, investors are seen as a major culprit for price escalation on Toronto property, when in fact, it is the opposite.

With interest rates still fluctuating and potential government legislation looming to attempt to correct the GTA housing market, doing your homework is critical before leaping in. However, let’s end with one last piece of O’Neill’s wisdom. She noted that while the current market might spook the speculative investors, those looking for a long-term hold still believe in the future of the rental market in Toronto. She sees the light at the end of the tunnel for both end users and investors in the Toronto condo market.

Ben Myers is the President of Bullpen Consulting, a boutique residential real estate advisory firm specializing in condominium and rental apartment market studies, forecasts and valuations for developers, lenders and land owners. Contact him at bullpenconsulting.ca and @benmyers29 on Twitter.

BEN MYERS

CONDO LAUNCH

Marlin Spring launches 316 Junction

Condos in Junction Triangle

Marlin Spring is leading the evolution in the Junction Triangle with its residential project at Campbell and Dupont – 316 Junction Condos – another example of the company’s ever-expanding urban portfolio in Toronto.

SPECIAL REPORT

Outlook 2023 – why this will be a better year for homebuyers

Higher interest rates, concerns for the economy, inflation… 2022 wasn’t the easiest of years for prospective new-home buyers. But there are reasons to be optimistic about 2023.

ANALYSIS

The evolution of the new condo market in the Greater Toronto Area When assessing the GTA condo market, it’s essential to think longterm and examine immigration, employment, housing supply and policy. Expert columnist Ben Myers explains why.

LUXURY CONDO

Bristol Place Condominiums – luxury reaches new heights in Brampton Solmar Developments, known for highrise communities such as Edge Towers and Oro in Mississauga and Park Avenue in Vaughan, proudly presents a stunning new luxury condominium – Bristol Place, in Brampton.

INSIGHT

How to protect yourself from real estate title fraud

In these uncertain times, we worry about everything from identity theft to scams. Your home is among your most important assets, and you need to protect it.

HOW TO CHOOSE A REAL ESTATE AGENT

JAYSON SCHWARZ, LLM

So, you have decided to sell your home. While there is no legal requirement that a real estate agent be involved in an agreement of purchase and sale – or in a real estate transaction, for that matter –most agreements and transactions involving the purchase and sale of real property do involve real estate agents.

How do you pick a realtor? Let’s see… Uncle Bob’s cousin’s sister’s aunt’s brother-in-law Bill, says that Sadie is a great agent and you should use her. That’s good enough for Bill and should be enough for you. Wrong. When you want to pick your realtor, be careful, be challenging, be prudent, be investigative and be picky. Your realtor is one of the most important and expensive steps in selling your home. A good realtor can sell your home quickly and at the right price. A bad realtor can leave you sitting with your house going stale on the market, and frankly could even cause you damage if you bought somewhere else.

Firstly, interview a number of agents. Let them sell you first. If they can’t sell you, how can they sell your home to someone else? Ask for references and follow up with them. Call people who they claim they did a great job for and speak to them. Check with your lawyer (you have a lawyer of course… get the lawyer first) and ask the agents to tell you how many houses they have listed and how many sold in the last six months. Ask for a written proposal as to how they will proceed, where

and how often they will advertise, conduct open houses, handle signage – all of those kinds of things. You want a plan, not a promise.

When you decide on a real estate agent, you will be asked to sign a listing agreement. This contract sets out the terms on which you are willing to sell your property. Contrary to popular belief, the listing agreement is not a legal requirement that you accept any offer, even if it is on the same terms you said you wanted in the listing agreement.

The listing agreement contains how much you will pay your realtor and/or the selling agent as well as the terms. It is valid and binding. This is really important – be careful and negotiate the commission rate and the term. Use these items to enforce performance by the realtor.

Be aware of the fact that the term is deemed to be extended for 90 days in the case of a purchaser who was introduced to the property – or

to the vendor – during the original term by the agent. Therefore, the realtor would be entitled to the commission stated in the listing agreement in the event of a sale to such a party during this 90-day extended period. This is to stop you from working around the agent, and it is effective. In Royal LePage Real Estate Services Ltd. V. McArter (2000), 94 A.C.W.S. (3d) 612 (Ont. S.C.J.), the client tried to work around the agent, but the Court supported the agent and the client had to pay.

CENTRAL PARK, WHERE THE URBAN AND NATURAL WORLDS CONNECT

NEW COMMUNITY IN THE BAYVIEW VILLAGE NEIGHBOURHOOD CONNECTS YOU TO NATURE

Central Park is a vibrant, masterplanned, mixed-use condominium community that has been receiving rave reviews. Located in the east end of the prestigious Bayview Village neighbourhood on Sheppard Avenue, Central Park is a nexus between the urban and natural worlds. Residents enjoy proximity to a range of urban conveniences and have direct access to the East Don Parkland’s sprawling, forested ravine that embraces the property in lush nature.

The first residential building in this 12-acre, environmentally sustainable community is already 85 per cent sold. Buyers are responding with enthusiasm for a variety of reasons, including Central Park’s excellent location, forward-thinking green features, and an array of indoor and outdoor amenities offering lifestyle opportunities for all ages.

Central Park is just down the street from Bayview Village Shopping Centre, offering everything from upscale restaurants and retail to lifestyle and wellness venues.

Loblaws, Pusateri’s Fine Foods, and Oliver & Bonacini Cafe Grill are just a few of its popular destinations. And getting around the city, the GTA and beyond will be incredibly convenient – the Leslie subway station and relocated Oriole GO station are situated at Central Park, so residents have public transit available right at their front door. In addition, Yorkdale, Fairview Mall, golf courses, parks and other destinations are within easy reach with Hwy. 401, the 404 and Don Valley Parkway close by.

At the heart of the community is the award-winning Central Park Common – a landscaped, threeacre urban park that will resemble a traditional village green. Destined to become a social hub to meet with friends and neighbours, this park will feature pedestrian-friendly streets lined with bike paths, casual dining venues, fountains, reflecting pools, and year-round programming that will include a farmers’ market and iceskating rink. Other highlights include retail space, restaurants and services, including on-site daycare facilities.

The East Don Parkland’s 500 acres of lush, urban forest embraces Central Park, making nature a neighbour and elevating an active lifestyle in this prime Toronto location. According to Jason Shiff, executive sales manager, “Central Park is a nature-inspired, upscale community unlike anything else in Toronto.

“Central Park will be a quiet oasis in vibrant urban surroundings, where outdoor lovers are going to be able to immerse themselves in nature all year long. The ravine is part of the Don River Valley parklands where there’s a network of walking and cycling trails to explore that lead all the way downtown. And the trails are beautiful during all four seasons, so residents can enjoy outdoor pastimes to the fullest, like hiking, biking, birding and cross-country skiing. The opportunities for a high quality of life in this upscale community are exceptional.”

Environmental sustainability is high on the priority list, and the entire community will be constructed to Amexon’s Green Development Standard, incorporating industryleading green features. Setting a new standard in the sustainability arena, Central Park is the first largescale project of its kind in Canada to include EV charging stations in all parking areas, as well as having on-site auto-share and bike-share options available. The towers’ design features reflective solar panels that supplement the building’s energy needs, and Green roofs that reduce energy consumption. Thermal building envelopes minimize energy usage and next-generation mechanical systems incorporate advanced airflow and filtration.

The visionary design of Central Park is another attraction for

prospective residents. Amexon enlisted an award-winning team to craft what is sure to become a local landmark. CORE Architects has created a striking exterior for the condominium towers that focuses on an intimate connection with nature. The facades feature an organic leaflike design in a continual interplay of sun and shade, and six-ft.-deep balconies offer inspiring views of the Toronto skyline and meandering East Don Parkland ravine through floor-to-ceiling windows. Central Park’s design features an elegant, hotel-inspired, port-cochere entry, with an artisan-designed fountain, original art installation and lush landscaping by renowned Cosburn Nauboris Landscape Architects. These architectural highlights express a harmonious coexistence between sparkling glass and nature, setting

this condominium residence apart as something truly visionary.

Suite and amenity interiors by II BY IV DESIGN are both warm and sophisticated, with modern features and finishes grounded in natural materials and earthy colours. The focus was on capturing the allure and comfort of nature, uniting a love of the outdoors and creative living. The effect is new and fresh, evoking a conception of classic modernism.

All Central Park residents will have the use of 55,000 sq. ft. of fitness, wellness, leisure and social amenity space. A highlight is The Park Club, where fitness enthusiasts can access indoor and outdoor saltwater pools, a state-of-the-art fitness club and half-court basketball. Families are sure to make great use of the screening room/theatre, ice-skating rink, piano lounge, bowling alley, private event space, hobby studio and kids’ club. Guest suites will be available to accommodate friends and family members.

Among the other leisure-inspired amenities will be rooftop zen gardens, barbecue areas, golf simulator, a yoga studio, recording/media studio and pet daycare/grooming facilities. The Park Club will include a spacious 5,000-sq.-

ft. co-working space that will foster networking and productivity for either a hybrid work model or growing your own business, with smart technology, meeting rooms, hot desks, and a business centre – giving new meaning to “working from home.”

The community will eventually encompass more than 1,500 suites in one- to three-bedroom plus den layouts, in sizes from 439 to 1,200 sq. ft. Features and finishes include nine-ft.-high ceilings and Europeaninspired kitchen cabinetry by II BY IV DESIGN. Best of all, these living spaces incorporate flow-through layouts that make the most of spectacular views from the floorto-ceiling windows and generous outdoor balconies. Prices begin from the $700,000s.

Amexon Development Corp. is one of Toronto’s most prominent

and innovative real estate developers, building their reputation as a multiaward-winning firm by delivering superior-quality properties. The firm owns and manages an impressive portfolio of office, retail, industrial, hotel and residential properties.

The Residences at Central Park is a world-class destination that offers a five-star experience and sets new standards in the condominium industry. Amexon’s must-see 10,000-sq.-ft., all-glass Central Park Presentation Centre is located at 1200 Sheppard Ave. E., Toronto. Indulge in gallery-like surroundings that include kitchen, bathroom and walk-in closet vignettes displaying many of the high-end appointments that come standard here.

THE SCIENCE AND ART OF RESIDENTIAL BUILDING

Architecture involves the careful blending of art and science. Construction techniques advance continually, and design takes on different parameters as the needs and wants of purchasers evolve.

The late German/American architect Mies van der Rohe said, “The architect must get to know the people who will live in the planned house. From their needs, the rest inevitably follows.” That’s where market research comes in; then design and planning take major roles.

Few people appreciate the complexities of new home and condominium construction. A developer can have a vision, but it takes brilliant design and construction professionals to bring that vision to life. The great Frank Lloyd Wright once said, “You can use an eraser on the drafting table or a sledgehammer on the construction site.” Architecture mirrors society, so the art of design is critical to appeal to target markets. But that design must be feasible from a construction point of view.

Fortunately, engineering advances, such as post-tensioning construction, allowing for dramatic overhangs, are paving the way for architectural marvels – especially in condominiums. The breadth of condo designs across the GTA and beyond is remarkable. We even see developers preserving heritage aspects of older buildings and finding ways to create new and exciting exteriors. We have “starchitects” working here to bring international design to Toronto.

Few consumers understand the depth of expertise required to bring designs forward in the face of municipal regulations and approvals, as well as architectural and engineering realities. Developers have to consider elements such as zoning, shadow studies, height restrictions, structural loads, parking and elevators. There are hundreds of materials used in new homes and condos, with each item engineered for fit and wear. It’s mind-boggling to think of the massive numbers of windows, doors, joists and the like being manufactured and transported to the proper sites.

Various residences require a multitude of heating, plumbing and electrical systems as well, and the unexpected often happens – meaning our trades people nowadays are smart, creative problem-solvers. Since the advent of the skyscraper in the late 1800s, architects have continually found ways to defy gravity and build higher. This is good news with the push toward building up rather than out to increase urban density.

Two major considerations are zoning and timing. Approvals can take up to 15 years, depending on zoning. With residential building approvals taking so long, developers are always

looking to the future. In fact, did you know that around the globe, there are companies designing what is called “extraterrestrial architecture” to accommodate living conditions not found here on Earth? Talk about market research. What people will want on other planets in the future is anybody’s guess.

As the 21st century unfolds, we’re immersed in the Fourth Industrial Revolution. Swift changes are happening in technology and societal patterns because of smart automation. Artificial intelligence, advanced robotics and other forms of digitization are affecting everything including the construction industry.

Architects and engineers in turn must be open to change and amend their responsibilities to keep pace. Maybe someday, Eleven Eleven Real Estate Services will be selling homes on the moon.

MICHAEL KLASSEN

Michael Klassen is the Broker of Record, Eleven Eleven Real Estate Services. Based in Toronto, this firm is a residential preconstruction listing brokerage. 1111realty.ca

INTERESTING UPDATE ON INTEREST RATES

The recent announcement by the Bank of Canada that the benchmark rate would hold steady was good news for the Canadian housing market. As of Wednesday, March 8, the bank’s policy rate stays at 4.5 per cent. After eight consecutive increases aimed at calming inflation, this move is certainly welcome. It also bodes well for the future.

Our annual inflation rate has lowered from 8.1 per cent in the middle of last year to 5.9 per cent in January of this year. Apparently, the economic forecast is that inflation will settle in around three per cent later this year, which will be a huge relief. The ideal rate of inflation is two per cent, so it appears the rate hikes took us a long way toward accomplishing that goal.

In the meantime, resale prices have dipped over the last year, but gradually. Some media outlets are quoting sudden price drops of more than $240,000. Current price drops must be put in perspective. Prices rose 30 to more than 50 per cent during the pandemic in areas across Toronto and Vancouver. Prices aren’t crashing; they are normalizing.

Even at current prices, we see firsttime buyers stepping into the market with the financial help of government incentives and their parents or grandparents. And speaking of those older generations, the recent interest rates are peanuts in the face of the double-digit rates they paid 30 years ago. And with pre-construction closings being years out, today’s incentives will come into play with expected future normalized rates, often bringing rates down to three per cent.

In the face of all of this, the preconstruction real estate market remains strong. Some developers, such as Chestnut Hill Developments at The Grand in Pickering, are offering attractive incentives such as stretched deposits and mortgage protection programs.

Remember that Canada, and especially the Greater Toronto Area, is experiencing rapid population growth, with immigration and migration within the country providing ongoing demand. People move houses, move up, move down, and experience other major life steps requiring the

purchase of new or resale homes or condos. We’ve already seen an uptick in sales from January to February. What this may signify is a return to the seasonal cycle of real estate, with the spring market being busy. Overall, stability in mortgage interest rates forms a solid foundation for people’s trust in the market. We still have limited housing stock, which is heating up the market in some cases. We expect to see potential sellers and buyers who have been sitting on the sidelines emerge, and we look forward to a stable and productive pre-construction market as 2023 progresses.

Debbie Cosic is CEO and founder of In2ition Realty. She has overseen the sale of more than $15 billion worth of real estate. With Debbie at its helm, In2ition has become one of the fastest-growing and most innovative new home and condo sales companies. in2ition.ca

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In the face of all of this, the pre-construction real estate market remains strong.

DEBBIE COSIC

Wilson West by First Avenue Properties

DO FIRST-TIME

HOMEBUYERS HAVE ANY HOPE IN THIS MARKET ?

first-time buyers reduce their monthly mortgage payments through a shared-equity mortgage with the federal government.

The answer is a resounding “yes” – especially if you choose a pre-construction condominium. Although today’s home prices seem unattainable and mortgage interest rates are higher than they were during the pandemic, prospective first-time buyers should look at all their options before giving up on the idea. Homeownership is an admirable goal, and for your initial purchase, you need to go into it with your eyes wide open, understanding exactly what you are buying and what to expect. And with prices the way they are today, you want to get the most for your money.

Remember that everything is relative – 30 and 40 years ago, even $50,000 and $60,000 for a home seemed unbelievable. Still, people found ways to afford them, from giving up on spending disposable income on luxuries, to accepting help from the government.

That still applies today. For example, check out Canada Mortgage and Housing Corp.’s (CHMC) website (schl.gc.ca), where you will find buying guides, mortgage calculators and first-time buyer incentives. Use every resource available. There are separate guides for buying lowrise and condominium, with everything you need to know to make an educated decision. And an educated consumer is usually a happy, confident one. The First-Time Home Buyer Incentive helps qualified

If you are a first-time buyer, get pre-approved for a mortgage by your financial institution. This way, you know what you can afford. My advice is to buy the most condo your budget allows for – and often once potential buyers check, they find they can afford more than they think. In addition, ask parents and grandparents if they are willing to help with the down payment. The transfer of intergenerational wealth is about to explode. Many of those in the older generations remember when mortgage interest rates were well into double digits and are delighted to help you get in while rates are still relatively low.

Remember, too, that the Canada Revenue Agency’s Home Buyers’ Plan allows qualified first-time buyers to withdraw up to $35,000 tax free from their RRSPs toward a down payment. If you’re a couple, that adds up to $70,000. All of a sudden, that down payment amount does not look so unachievable. The withdrawal is not taxable as long as you repay it within 15 years. To find out more, visit canada.ca.

In addition, qualified first-time homebuyers can take advantage of land transfer tax rebates. Ontarians can qualify for up to a maximum of $4,000 (visit ontario.ca). This can make a real difference for first-time buyers.

Some buyers are harnessing out-of-the-box thinking when it comes to affordability. For example, co-ownership involves non-related people or relatives sharing ownership of a home. Ontario has developed

a guide called “Co-owning a home.” Visit ontario.ca to download this publication.

Purchasing a new home or condo will likely be the wisest lifestyle and financial move you can make. Now is a great time to purchase, with builders offering incentives to compete. My ongoing advice is always wise – buy new and buy now.

Barbara Lawlor is CEO of Baker Real Estate Inc. A member of the Baker team since 1993, she oversees the marketing and sales of new home and condominium developments in the GTA, Vancouver, Calgary and Montreal, and internationally in Shanghai. baker-re.com

BARBARA LAWLOR

316 Junction Condominiums

6 TIPS TO HELP YOU RENEW YOUR MORTGAGE

OR BUY A NEW HOME

JESSE ABRAMS

The spring market is around the corner, which means many buyers are gearing up to purchase a new home. At the same time, existing homeowners may find that their mortgage is soon up for renewal. Here are some key things to consider, whether you’re entering the market as a new buyer or navigating the renewal process.

IF YOUR MORTGAGE IS UP FOR RENEWAL

1. Shopping around different lenders can save you money

We’re always eager to get a second opinion when it comes to our cars or an airline ticket, and it’s even more important to do the same for our mortgages. More than 50 per cent of borrowers don’t consider shopping around for a mortgage when it comes time to renew. As a homeowner, it’s important to know that you’re not obligated to renew your mortgage with your current lender, and better options are available. By shopping around at renewal, you have an opportunity to save money not only with a lower rate, but with better mortgage features.

2. Consider prepayment privileges and penalties to save you money

By the time your mortgage is up for renewal, your financial situation and goals have likely changed since when you first bought your home. If you’re now in a position where you are able to pay down your mortgage faster because your income increased, or you’ve received a monetary gift

from a family member, you’ll want a mortgage that allows you to do this without penalties. If your goal is to be mortgage-free, you’ll definitely want to read the fine print and consider the prepayment privileges and penalties associated with your mortgage – as this can save you thousands of dollars down the line.

3. Pay off or consolidate debt and refinance before renewal

If you have a loan that you’re planning to pay off, it’s best to get that finalized before you renew your mortgage. If you find yourself in need of a loan, it’s wise to hold off applying until after your mortgage renews. Having outstanding debt or applying for a new loan could potentially make or break your chances of passing the mortgage stress test. Renewal time is a good occasion to determine if it makes sense to refinance your mortgage and potentially leverage your home equity to pay off your debts at a much lower rate.

IF YOU PLAN TO BUY A NEW HOME BUT YOUR MORTGAGE IS NOT UP FOR RENEWAL

1. Determine your affordability by getting pre-approved

Before you begin your home search, you will want to get clear on how much you can afford. A mortgage pre-approval is an excellent way to understand your home affordability, and can save a lot of time and stress throughout the buying process. It will help you set a clear budget and simplify your home search so that you’re not looking at homes outside of your price range. Although preapproval is not mandatory, it offers buyers a handful of advantages that ensure a positive buying experience.

2. Search for mortgage options outside of your bank

A common mistake many Canadian homebuyers make is that they will often go directly to their bank for a mortgage, without taking the time to explore other options. Believe it or not, Canadians are able to secure a mortgage outside of the big banks through other lenders such as credit unions or monoline lenders. These lenders offer strong mortgage products that may be more suitable to your needs and financial situation. Since mortgage products, features and terms vary from one lender to the next, shopping around is essential and will ensure that you lock in a mortgage that you’re completely confident in.

3. CMHC insurance is required for down payments less than 20 per cent

In Canada, the minimum down payment is from five to 20 per cent. If you’re a first-time buyer with a down payment in that range, you’ll be offered what is called a “highratio insured mortgage.” This type of mortgage requires you to pay CMHC insurance, which allows you to borrow up to 95 per cent of the purchase price of a home while protecting the lender in case your mortgage defaults. The cost of this insurance typically ranges between 2.8 and 4.0 per cent of your overall mortgage amount.

thinkhomewise.com

Jesse Abrams is Co-Founder at Homewise, a mortgage advisory and brokerage firm.

NATIONAL BRINGS

SOPHISTICATED URBAN DESIGN TO BURLINGTON

In Burlington, the North Shore has always been one of the city’s most desirable addresses, located south of Plains Road in LaSalle, where the greens of the Burlington Golf and Country Club roll down to meet the harbour.

Property values here have, quite reasonably, been a good reflection of that. Now, National is bringing a fresh, new midrise condo to the neighbourhood and will make owning sophisticated, contemporary architectural design achievable.

Northshore Condos, with its iconic style, will be an eight-storey boutique building overlooking Burlington Golf and Country Club and the harbour. The timeless design mixes modern architectural artistry with the urban energy of vibrant Burlington.

Geometric shapes, the use of projected metal panels, wrap-around balconies, terraces with floor-toceiling spandrel windows, and wall systems, create an exciting and desirable structure, enhancing the neighbourhood landscape.

“We’re very excited to be launching Northshore in one of Burlington’s more desirable neighbourhoods,” says Jason Pantalone, president and managing partner with National Homes.

“This area historically has been known for its picturesque homes. We have worked hard to deliver a community that allows first-time buyers to enter the market along with those who wish to downsize and remain in the same area they have lived in for many years.”

With pricing beginning at less than $500,000, Northshore will offer one-, two- and three-bedroom suites with spacious layouts and amenities that meet the desires of today’s diverse range of homebuyers. The building will feature 153 residential units with choices of thoughtful floorplans up to 1,000 sq. ft. plus balconies and terraces.

Everyone can enjoy living in a connected community with more than 5,000 sq. ft. of luxurious amenities, including a rooftop terrace and barbecue area with breathtaking views of the sunset and harbour, wellness spaces, a health gym, an entertainment lounge, chef’s kitchen and party room, boardroom, coworking spaces, an outdoor parkette and kids play area, dog wash

facilities, eco-friendly EV charging stations and much more.

With balconies and bright windows, the views will take in tall trees, rolling greens and the lake. From the rooftop terrace, the vistas will reach out to the horizon.

You’ll find desirable features such as genuine quartz countertops, stainless steel appliances, soaring nine- and ten-ft. ceilings, and modern contemporary cabinetry in the beautiful collection of suites offered here.

As a recognized innovator in the GTA building industry, National has a long-standing commitment of putting the needs of the buyer first. The company’s philosophy of “You Are the Blueprint” is reflected in research programs that bring to life new concepts spurred by focus groups and surveys. This customer-led thinking has inspired a host of design and property-tech Bright Ideas that National has available at Northshore.

Here, you’ll find such high-tech options as a voice-activated Smart Home Hub, automated blinds, ambient lighting controlled by voice or by app, a Smart Switch starter kit, smart thermostats and Motionsense faucets.

National has Bright Ideas to make everyday living convenient and carefree, such as drop zones for your

front entrance to keep you organized, individual built-in garbage and recycling areas, movable islands for your kitchen, built-in media centres to display your big screen TV, shower niches, broom and mop storage and space-saving Murphy Beds with desk.

Northshore is right next to nature, with Lake Ontario to the south, the Niagara Escarpment to the north, while LaSalle Park and Marina, the Burlington Trail and Burlington Beach are all just around the corner. You can stroll to local cafes, restaurants, grocery stores and drug stores. Downtown Burlington, Brant Hospital

and Mapleview Mall are a short drive away.

Commuters will be able to get to Toronto in 35 minutes, and Hamilton in just 15 minutes. Both the Toronto and Hamilton international airports are a short distance away. Burlington has made significant investments into local transportation and a sustainable future with more than 48 km of bike lanes. Residents at Northshore will have local transportation at their doorstep, and you can be at the Aldershot or Burlington GO stations, Hwys. 403, 407 and the QEW in minutes.

Did you know that Burlington was ranked number one for Best Community in Canada in 2019, and also ranked as the Best Place to Raise a Family by Maclean’s magazine? The city has grown significantly over the past few years, as families recognize its unique blend of location, character and sense of community.

If you choose Northshore, you will be part of this highly coveted lifestyle in a growing urban centre with a balanced blend of urban excitement and family living.

If you would like to learn more about sophisticated urban living overlooking Burlington Golf and Country Club at National Homes’ Northshore Condos, visit nationalhomes.com.

Northshore Condos by National Homes, 490 Plains Rd. E., Burlington

BRIXEN DEVELOPMENTS LAUNCHES

EXHALE CONDOMINIUMS IN LAKESHORE EAST IN MISSISSAUGA

Brixen Developments has unveiled its latest midrise condominium residence, Exhale, nestled in a fastgrowing neighbourhood that is set among lush greenspace near the coveted Lakeview waterfront.

Located at the corner of Lakeshore Road East and Dixie Road, the 11-storey building will play a critical role in the urban transformation of this area, bringing thoughtful design, new retail and exceptional convenience to residents, given its proximity to downtown Mississauga, Toronto and Etobicoke.

“This is a wonderful opportunity to bring needed housing options and deliver bespoke designs that are sensitive and respond to its surroundings,” says Andrew Iacobelli, co-founder of Brixen Developments. “This is an area of Mississauga we

strongly believe in, and we’re proud to bring forward a meaningful vision that unlocks the potential of this site and embraces the exciting changes to come to this neighbourhood.”

The location is a perfect balance between tranquility and urbanity, offering residents a sense of community and an active lifestyle, without sacrificing convenience and connectivity. Long Branch GO Station is within walking distance, offering a 22-minute ride to downtown Toronto, and the QEW and Hwy. 427 are minutes away, providing convenient access to anywhere in the GTA. Better still, a future LRT line along Lakeshore offers a significant upgrade to the already ultra-convenient bus route steps away from Exhale’s front door.

In addition, the area offers a myriad of recreational activities and quality

greenspace. Twenty golf courses are within half an hour of the site, and residents are within an easy walk to the expansive Marie Curtis Park, as well as the natural serenity of the waterfront. Given Exhale’s unique location, residents will enjoy views of the world-class Lakeview and Toronto Golf Courses to the north and unobstructed water views to the south.

Brixen tapped Toronto-based architecture firm Architecture

Unfolded, who drew inspiration from the unique qualities and location of the neighbourhood. The design was directly informed by the character of the surrounding lowrise homes and the industrial history of the area. Exhale features a striking four-storey podium clad in rich ivory masonry that provides a strong articulation at

the street level and anchors the site. As the building rises, masonry arches complement the podium and create visual breaks between balconies.

With retail at-grade along Lakeshore, Exhale will meaningfully contribute to a vibrant streetscape, with canopies and landscaping that enhance the area’s walkability. To the north, at the back of the building, an outdoor patio and dense, lush landscaping will create an urban oasis.

“We felt it was necessary to reflect how interesting and unique Exhale’s location is, with an opportunity to elevate the design through masonry detailing,” says Mark Zwicker, principal and co-founder, Unfolded. “The building is one of the first developments of this kind in the area, and our aim was to make sure that it sets a standard for future buildings in the neighbourhood. We designed Exhale with a variety of residents in mind, from downsizers to firsttime homebuyers. We believe this thoughtful design will appeal to a broad range of residents and bring a unique character to this area.”

Exhale’s interior further brings an urban sophistication to the

neighbourhood. Throughout the building, earthy tones with a focus on off-white colours, light woods and satin brass accents create themes of tranquility, serenity and connections to nature. High contrast features, such as rectangular arches against light colour palettes and wood create moments of intrigue and wonder.

“The actual location of the building close to the waterfront and surrounded by an abundance of greenspaces is what inspired our ideas for the interiors,” says Carmen Dragomir, principal designer, esQape Design. We wanted to spark a conversation between the residents, by creating spaces that stimulate engagement, spaces infused with warm neutral and light breezy color tones intertwined with oversized and visually dramatic stone features. At Exhale, there will be so many opportunities for residents to truly connect with each other, to interact and connect with the outdoor space.”

The building also features an abundance of lifestyle amenities. A co-working space located on the ground floor connects with the lobby, creating a flexible area for residents to work, take meetings and

socialize. From the back entrance of the building, residents will have access to an expansive courtyard, serving as a quality outdoor extension of their residence. A state-of-the-art fitness centre is directly adjacent to a kids’ playroom, giving parents peace of mind as they watch over their children while exercising. The kids’ area is playful and whimsical with a climbing area as well as custom wall coverings in the shape of seagulls.

To enhance social interactions, a social room and dining lounge on the ground floor provide a large space to host gatherings, and the dining lounge can be closed off for more intimate occasions. Creating seamless indoor-outdoor connections, the dining room opens out to an outdoor courtyard dining area outfitted with a bar area and additional seating. The roof top terrace features barbecues, dining areas and lounging areas, all providing spectacular panoramic views of Lake Ontario.

Exhale will feature 284 residences, ranging from 400 to 1,500 sq. ft. with prices starting in the $500,000s. For more information or to register, visit exhalelakeshore.ca.

WEST END HBA WINS

LOCAL HOMEBUILDERS’ ASSOCIATION OF THE YEAR AWARD

The West End Home Builders’ Association (WEHBA) recently received the Home Builders’ Association of the Year Award at the Canadian Home Builders’ Association’s (CHBA) Association Leadership Awards. The award recognizes overall excellence from across the entire country by a builders’ association for 2022, for delivering a strong voice for the industry and for supporting the business success of members and their ability to provide quality and choice in housing for consumers.

The WEHBA members, board of directors and staff are honoured to receive this significant national industry recognition, which is an acknowledgement of all the hard work, ground-breaking changes and strategic initiatives put in place in 2022.

As WEHBA President Terri Johns says, “We are honoured to receive this prestigious national recognition and are grateful for the support and dedication of the WEHBA staff, members and partners. We will continue our longstanding role as an advocate for the industry with various levels of government and we look forward to maintaining active engagement locally, provincially and federally.”

Over the past year, we finalized and approved a new Strategic Plan and took bold steps through

advocacy efforts resulting in major public policy changes towards addressing the housing crisis. In 2022, WEHBA also raised the bar on the quality of member services, strengthened its communication efforts and pivoted its marketing strategies, to raise awareness about the residential construction industry at large.

The association also significantly increased its community presence and involvement, through numerous events and initiatives that support the local community, and through partnerships with organizations and institutions that share similar vision and values.

The West End HBA supported the YWCA in Hamilton with a significant donation that helped support the build fund of the Putman Family YWCA, Hamilton’s first affordable permanent housing residence for single and mother-led families.

In October 2022, the association also partnered with Mohawk College and the Ontario Youth Apprenticeship Program (OYAP) for an educational showcase that offered 100 young women and gender diverse individuals in Grades 7 and 8 the opportunity to learn about the rewarding career possibilities in the residential construction, skilled trades and STEM industries.

In partnership with Mohawk College, we also actively support aspiring professionals through award sponsorships and with a bursary program with the Mohawk College Building Construction and Renovator programs.

In 2022, WEHBA engaged the community, to better understand

the concerns and aspirations of the local residents. The summer before the provincial elections, we partnered with the HamiltonHalton Construction Association and the Realtors’ Association in Hamilton and Burlington to create a non-partisan alliance called “HamiltoNEXT,” that engaged Hamilton residents at community events and neighbourhood activations, asking Hamiltonians what their vision of their city is, and what their expectations are from the new council and mayor.

The Home Builders’ Association of the Year Award is a great honour and testament of the work we do at WEHBA.

Mike Collins-Williams, RPP, MCIP, is CEO West End Home Builders’ Association. westendhba.ca.

MIKE COLLINS-WILLIAMS

Edgewood by Flato

by LINDA MAZUR

HOW TO MAKE YOUR ALL-WHITE KITCHEN POP

Colourful kitchens are definitely a trend we are seeing everywhere. Rich deep blues, earthy greens and bold reds are prominent in kitchen design, as are warmtoned woods and even fun-filled pastels.

Does this mean that white kitchens have waned in popularity? On the contrary. The white kitchen is like a string of pearls – classic and goes with everything. Whichever way the current trends lead us, white kitchens are still a much sought-after mainstay that will never go out of style. The bright, fresh look and feel of white cabinetry never really loses its appeal, and for many is the goal for their kitchen renovation. However, as appealing as a white kitchen can be, it can equally be stark, cold and lacking personality.

Kitchens are undoubtedly the heart of a home; however, they have morphed from simple utilitarian

spaces to rooms that are multifunctional, not only reflecting personal style but also the way we live. They have become cosier, warmer and far more central to dayto-day life, as well as entertaining.

White cabinets are timeless, there’s just no arguing that. They are an easy commitment that will offer you a lot of flexibility when it comes to the final aesthetics of your kitchen. However, moving beyond an all-white kitchen can open you up to a world of finishes, colours and inspirations that can introduce some of the current kitchen trends into your space.

White kitchens are always desired, because of their classic, timeless, simplistic approach. They are easy to elevate, as they provide us with a blank canvass. Whether you are drawn to the warmer, more earthy whites, or cooler, more modern

whites, there is undoubtedly an abundant variety to select from for your cabinetry which can set the tone for your space.

Add dimension to your kitchen with a patterned backsplash tile, or use a bold marble, quartz or porcelain for your countertop, then continue it on your backsplash to really make a statement in your home.

An impactful floor, whether tile or wood, can be a wonderful asset in the space, as can the introduction of mixed metals and hardware. Adding strategic touches of colour or wood accents to your cabinetry can also enhance and elevate the aesthetics of your kitchen.

And let’s not forget accessorizing your space with colourful artwork, furniture or greenery to add some life to those white cabinets. The great thing about adding colour by accessorizing your kitchen is the ease with which it can be altered if you have tired of the latest trend colour

– the blank canvas of a white kitchen will remain for your next creative inspiration. Kitchen renovations are an expensive endeavour, while revamping some accessories can prove to be far more palatable.

Today, the movement is more towards a streamlined look that highlights simplicity, functionality and style. Though the white-on-white kitchen has waned in popularity, white cabinetry has not and will always be a favourable option in kitchen design. Instead of dreaming of an “all white kitchen,” think about shaking it up a bit with the addition of colour, statement lighting or maybe a great wallpaper or fabric for a window treatment. When looking for inspiration for your kitchen renovation, look to see how you can introduce a mix of colours, textures and finishes that will create a kitchen space that keeps you moving forward trend-wise, while still giving you the white kitchen you desire.

Linda Mazur is an award-winning, nationally publicized designer and Principal of Linda Mazur Design Group. With almost two decades of experience this in demand multi-disciplinary design firm is known for creating relaxed, stylish spaces and full-scale design builds within Toronto, the GTA and throughout Canada. lindamazurdesign.com

@LindaMazurGroup

CHOOSING THE RIGHT

COFFEE TABLE

by LISA ROGERS

Many of us have been thinking of doing some redecorating but are not sure exactly where to start, or if we actually want to do an entire room or just enhance it. In the context of the living room or den, a good place to start is always the centrepiece – the coffee table.

HOW TO PICK THE RIGHT COFFEE TABLE

The design decision isn’t as intuitive as you may think. Here’s what to consider before you make your purchase. Choosing the right coffee table for your space seems simple enough: You walk into your favourite shop, pick a piece you love, go home and voila! But wait a few hours, reflect a little more and you may realize that you made the wrong choice. Like choosing the right couch, finding the right coffee table takes some larger considerations. Size, height and width all matter, as does scale and proportion. Does it have to be kid-friendly or storage-friendly? Does it fit your lifestyle or your room?

CONSIDER SIZE FIRST

Is there anything more awkward than an ill-fitting coffee table? One that’s too high or far too low? The general rule is that you should find a coffee table that is ideally standing at the same height as the cushions, or one to two inches. lower. If you go too far on either side of that equation, it will just look off and throw the whole space into question.

DON’T FORGET PROPORTION

Similar to the above sentiment, look for a coffee table that has the right length in comparison to the width of your couch. In specific terms, this means your coffee table should be two-thirds the length of your couch. So, for a 96-in couch, look for a coffee table that is 64 in. long. Also, think about distance, too: From the edge of your couch to the edge of the table should be 18 in. Why? You want it to be close enough to reach for your drink or put your book down, but far enough that you can stretch out your legs.

BALANCE YOUR STYLE

Find harmony between your couch style and your coffee table style. If you have a substantial couch in a solid block of colour, try pairing it with a “lighter” version of a coffee table that’s glass with a chrome frame. If your couch is more streamlined and smaller in frame, opt for a coffee table that has more weight to it, whether that’s a wooden piece or an entirely solid base.

FUNCTIONALITY

Do you have pets or children? Might be best to opt for a coffee table that

has an oval shape; no hard edges mean no possible injuries. Consider what the primary use of the table will be: Is it purely decorative, for storage or for entertaining purposes? All of that comes into play. Some tables come with shelves or drawers, others with materials that may stain if a wet drink or food is placed on it. Pick a piece that works with your lifestyle.

MATERIALS

Speaking of materials, there is a plethora of different varieties you can choose from, from woods to metal, marble and Lucite. Again, this depends on your overall room (and house) style. You want the coffee table to meld harmoniously with all

your other furnishings and not stand out like a sore thumb. Whether you favour contemporary or vintage, take a quick snap of your space to bring with you on your buying excursion. It will really help store clerks find the appropriate style for you, and you can also remind yourself of exactly how your space looks while out shopping.

CONSIDER MULTIPLE MINI-TABLES

Maybe a bit controversial for some, but sometimes a set of mini tables works better in a space than one larger coffee table. This is especially true of smaller spaces, because it offers a level of flexibility in terms of how you use the tables, and where you put them.

Lisa Rogers is Executive Vice-President of Design for Dunpar Homes (dunparhomes.com). Lisa has shared her style and design expertise on popular television programs such as Canadian Living TV, House & Home TV and as a regular guest expert for fashion and image, health and wellness and design on CityTV’s Cityline. Follow Lisa’s blog at craftedbylisa.ca

PURPOSEFULPLANNING

by SARAH ST. AMAND

Our emotional connection to our home is a powerful and personal one. So, why isn’t this a hotter topic of discussion at the design table? And furthermore, how does form, function and esthetics fit into the conversation?

When taking on a new project, the first thing I do as the designer is to get to know my clients to discover their emotional connection to the home. That includes whether that connection already exists or is something they aspire to achieve through good design.

While one might argue that good design is subjective, there are some basic principles that contribute to a

successful space. Ultimately, good design is about solving problems. Every home has its unique idiosyncrasies. I’m referring to those imperfections – big or small – that contribute to a home’s character but can also create some challenges when it comes to lifestyle, efficiency and esthetics.

Older homes

Structurally speaking, most older homes have issues such as warped walls, or slanted floors and ceilings. These issues are impossible to ignore, from the peculiar shadows appearing on the walls, to objects rolling across the table. It’s not a ghost – unless you’re haunted by poor craftsmanship. This can all be concealed, if not corrected, through thoughtful interior

design. Structural changes are always possible by way of a renovation, but if the building is safe, lighting is costefficient and surprisingly effective at camouflaging these issues.

Intentionally unique

On the other hand, some of these idiosyncrasies are intentional. Consider the architectural details of a Victorian- or Art Deco-era home, or a new build inspired by it. Unusual trim work, window and door casings, wall panels, built-ins, or a fabulous fireplace or staircase are highlighted through good design. As with the problem side of homes, lighting is a great way to help highlight these fabulous features that make a home truly unique.

There’s truly no problem that good design can’t solve

Function and flow

Beyond structural issues, one thing that adds to a successful home design is its flow. I’m referring to how you move through a space – down

hallways, through rooms and around furnishings. Good flow is critical to a home’s function and its style, which happen to be two key focal points of why you benefit from working with an interior designer.

Function is another factor in every well-designed space. How a person or family live in their home is critical to a design that not only works, but works for them. A home’s layout and the flow of traffic through the space and around furniture can be a make-it-or-break-it-moment. Great flow should lead you through areas without obvious barriers or breaks. Your experience should be natural and instinctual. This is achieved through continuous elements, including materials, colour palettes and details.

Beyond looks, a home should also flow from a functional perspective. Again, the design focus here is on eliminating obstacles with the proper usage of space and a furniture layout that enhances the homeowners’

lifestyle. For example, what activities do they do at home, where do they like doing them, how often and with whom? Once that is established, a floorplan can be designed as a true experience, rather than random arrangements that do little for the home or its residents. The process begins here, whether one is building from the ground up, doing a full renovation or redecorating. Good design truly does come from within.

Home sweet home

A great house can solve your problems – it’ll warm you up when the world gives you the cold shoulder; it’ll make your life and work more efficient; it’ll bring family and friends closer together; it’ll provide a place to retreat and turn inward, when you need to. There’s truly no problem that good design can’t solve.

If you follow and play by these rules you will for sure create a great stylish place to call home.

Award-winning designer Sarah St. Amand is founder and principal designer for Sarah St. Amand Interior Design Inc., a multi-faceted firm known for curating uniquely personal livable luxury tailored interiors. Servicing Toronto and the GTA, and North America. stamanddesign.com @sarahst.amandinteriordesign

Photo: Mike Chajecki

ONt a p

by SARA DUCK

Kick this hard-working fixture up a notch by choosing a bold design and a finish that matches your kitchen’s esthetic

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Bridge FAUCET WITH SIDE SPRAY in bronze by Whitehaus Collection. $1,049. lowes.ca

Nio PULL-DOWN KITCHEN FAUCET in matte black by Moen. $909. homedepot.ca

Edsvik DUAL CONTROL KITCHEN FAUCET in silver. $79. ikea.ca

Linus PULL-OUT KITCHEN FAUCET in white by Blanco. $555. wayfair.ca

Parsons SINGLE-HANDLE PULL-DOWN SPRAYER KITCHEN FAUCET in matte black by Vigo. $390. homedepot.ca

TOUCH KITCHEN FAUCET by Wowow. $119. wayfair.ca

PULL-OUT KITCHEN FAUCET in matte white by Monroe-W. $349. bestbuy.ca

ONE-HANDLE deck-mount PULL-OUT KITCHEN FAUCET with deck plate in brushed gold. $247. rona.ca

Tara ULTRA PROFI FAUCET by Dornbracht. Price upon request. elte.com

A T RE E FO R EVE RY HER O.

Join us in planting 2 million trees along the 401 Highway of Heroes, a tribute to the men and women who fought for Canada in our wars, and a living memorial to the 117,000 who died for freedom.

Get involved today:

As part of Trees for Life’s Tree Coalition, we are proud to work collaboratively with GrandTrees Climate Solutions.

Bristol Place Brampton

Exhale Mississauga

developer: SOLMAR DEVELOPMENT CORP.

style: Highrise size: Starting from 432 sq. ft.

features:

• Two 48 storey towers on a podium within a landscaped courtyard

• 1 bed, 1 bed + den, 2 bed, 3 bed

• Steps to Go, VIA Rail, and ZUM rapid transit

• Surrounded by shopping, dining, arts and culture

• Party room, gym, yoga, lounge, outdoor BBQ & dining area, work stations and more contact: solmar.ca

location: 199 Main St N, Brampton, ON L6X 1N2

Central Park North York

developer: BRIXEN

style: Highrise size: 11-storey | 284 suites

prices from: The $500,000s features: A great location!

• Steps to Marie Curtis Park & Lake Ontario

• A stunning views of the lake

• Minutes from the Long Branch GO

• Well connected to transit and bike paths

• Amenities include lobby, indoor & outdoor gym, yoga studio, indoor & outdoor kids zone, party room with private dining, co-working space, ground floor and rooftop amenity terrace

contact: exhalelakeshore.ca

location: 1381 Lakeshore Rd. E., Mississauga

The Villages of Oakpark Oakville

developer: AMEXON DEVELOPMENT CORPORATION

style: Highrise – 12-acre, master-planned community size: 436 - 1,200 sq. ft.

prices from: from the $700,000s

features:

• 1 Bed, 1 Bed+Den, 2 Bed, 2 Bed+Den, 3 Bed+Den

• Spacious layouts, terraces/balconies

• Located in the Bayview Village neighbourhood

• Leslie subway station and GO Transit at your door

• Direct access to the East Don Parkland ravine

• Central Park Common – a three-acre urban park offering year-round, outdoor event programming

• 55,000 sq. ft. of resort-style amenities including coworking space, skating rink, indoor and outdoor saltwater pools, privately operated childrens’ daycare, EV charging stations in all parking areas contact: centralparktoronto.com

• (416) 252-3000

location: 1200 Sheppard Avenue East

developer: Ballantry Homes

project name: The Villages of Oakpark

style: Highrise size: 500 to 1504 sq.ft.

features:

• Easy access to the QEW, Highways 403 and 407, and the Oakville GO Station.

• Select from luxurious 1, 2 and 2-bedroom+den suites.

• Rich amenities include gym, party room, rooftop terrace, lounge, co-work space.

contact: ballantryhomes.com

location: 90 Oak Park Blvd, Oakville

2151 Kingston Road Toronto

ALLURE Toronto

developer: ALTREE DEVELOPMENTS

style: Modern Boutique Mid-Rise Building, 10 Storeys, 156 Units

features: • Located in Cliffside Village – minutes from the Scarborough Bluffs. Surrounded by nature and urban conveniences.

• Unobstructed views of Lake Ontario with cascading terraces.

contact: KingsideResidences.com

location: 2151 Kingston Road

Duo Toronto

developer: EMBLEM DEVELOPMENTS

style: Highrise

size: 428 sq.ft - 1,005 sq.ft.

features: • 43-storey tower offering 509 residential units

• Heritage façade integrated with modern architecture

• 100 walk score, 100 transit score and 98 bike score

• Chauffeur service using ALLURE’s private Rolls-Royce

• Curated amenities: 24-hour concierge, luxurious social lounge, health spa with steam room, sauna, screening lounge, coworking spaces, fitness centre, spin studio, children’s playroom, and outdoor terraces

• Global architectural firm IBI Group and interior design by Burdifilek

contact: EmblemDevCorp.com

location: 250 King E, Toronto

LSQ1 Toronto

developer: NatioNal DevelopmeNts aND BrixeN DevelopmeNts iNc.

style: Highrise

size: 26 storeys

features: • Studio, 1 bed, 1 bed + den, 2 bed, 2 bed + den

• Lobby, Gym, Co-Working Space

• Kids Playroom, Party Room, Private Dining Room With Catering Kitchen

• Rooftop with BBQ’s, Flex Lawn, Dining and Lounge Areas

register at: duocondos.ca

location: Steeles Ave. W and Malta Ave. just west of Hurontario

First release is sold o ut. register for New release.

developer: ALMADEV

size: 488 sq. ft. - 1185 sq. ft.

features:

• LSQ1 is the first residential tower in the LSQ masterplan community in North York.

• A 43-storey condominium featuring residential units and world-class amenities, including an outdoor vanishing edge four-sided infinity pool.

• It offers a range of suite sizes to fit the modern lifestyle, from efficient one-bedroom layouts to family-sized two and three-bedroom suites.

contact: lsqliving.com

location: 2305 Sheppard Ave E., Toronto, ON M2J 5B5

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

MAPS

HOT PROPERTIES

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

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

NEW FEDERAL RULES WILL MAKE

CANADA’S HOUSING SUPPLY CRISIS WORSE

On the first day of this year, the federal Prohibition on the Purchase of Residential Property by NonCanadians Act came into effect. While the government’s stated intention was to make more of the existing housing supply available to Canadians by restricting new foreign buyers, the rules are structured in such a way that they will hamper much-needed investment in new housing projects, making Canada’s housing supply crisis worse, not better.

Limiting the ability of nonCanadians to purchase a home from Canada’s tight supply probably sounded like a reasonable measure in the middle of last year, when many seemed to agree that the housing market needed cooling. It made for good political sound bites, despite the fact that most foreign owners of residential property in Canada offer it for rent, thereby adding to the housing stock available to Canadians.

Unfortunately, limiting the purchase of existing homes by non-Canadians is not the only outcome of these new rules. Because of how they are worded, they also limit investment in new housing projects, threatening future supply. The act prevents Canadian companies, corporations and real estate investment trusts with more than three per cent foreign ownership from buying not only finished housing units – which was its declared purpose – but also vacant

land that is zoned for housing and mixed use.

The legislation fails to acknowledge that the development industry, like virtually every other Canadian industry, relies on extensive investment and capital, often from foreign sources, to build the housing supply it makes available to Canadians and that vacant land zoned for residential and mixed use is where future housing is typically built. In other words, the seemingly helpful provisions of the act cut off access to funding and capital for future housing projects. Already dozens of projects and tens of thousands of planned units across the country – all of which would have helped expand Canada’s housing supply in the future – have been affected and/or cancelled.

The stated intention of the new rules was to make more homes from the existing supply available to Canadians by restricting new non-

Canadian buyers for a period of time. The practical implication of the act, as currently structured, is to prevent Canadian builders and developers from accessing the necessary capital to build more homes, jeopardizing the future supply Canadians need. To avoid exacerbating Canada’s housing supply crisis, the federal government must rewrite this legislation immediately.

Dave Wilkes is President and CEO of the Building Industry and Land Development Association (BILD), the voice of the homebuilding, 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.

DAVE WILKES

SOPHISTICATED LIVING IN THE HEART OF OAKVILLE

1, 2 & 2-BEDROOM+DEN SUITES

Dundas and Trafalgar is buzzing. The newest landmark in downtown Oakville soars above the intersection, with incredible views of all that the city has to o er. Presented by Ballantry Homes, The Villages of Oak Park is a new, master-planned, multi-phased community coming soon to the neighbourhood of Oak Park. Select from luxurious 1, 2 and 2-bedroom+den suites. Enjoy the endless amenities o ered to residents. Close to parks, trails, shops and restaurants, The Villages of Oak Park o ers easy access to the QEW, Highways 403 and 407, and the Oakville GO Station. This is sophistication at a whole new level.