GTA Condo Life - May 4, 2024

Coming Soon

Scandinavian inspired, curated amenities to immerse you in a KüL state of mind including: rooftop party room, natural meditation zone, alfresco dining & bbq, entertainment & games room, fitness centre, infrared sauna, cold water immersion by Coldture Pro Plunge, kids room, connectivity lounge, EV visitor parking and pet spa just to name a few.

Etobicoke’s New KüL

Just 15 minutes from downtown Toronto and minutes away from the Mimico GO. KüL is a dynamic Queensway neighbourhood with every convenience at your fingertips. Walk, bike or ride to local shops, cafes, restaurants, stunning trails and beautiful waterfront parks.

CONDO SUITES FROM THE $400’s

T HE V IL LA GE F AR M HAS TO OFF ER!

• A world-renowned building standard: Passive House-certified townhomes offer unparalleled energy efficiency, quality construction and comfort

• Three bedrooms and three full baths in more than 2,250 square feet

• Complete main-floor living with loft

• Tilt-and-turn European windows, custom cabinetry, prestige standing-seam steel roof and other luxury finishes

• Surrounded by rich organic farmland, small-town charm and natural beauty

• Pickleball, golf, trails and conservation areas just minutes away

• Prime southwestern Ontario location: 10 minutes to the 401 and 20 minutes to Stratford

• So much more to come in Phase II — launching in spring 2025

Only three quick closings available! Book your private appointment today.

Nick Pope

Sales Representative

REVEL Realty Inc., Brokerage nickpope@revelrealty.ca

m 519-807-1757 | o 519-206-9555

MORE GOOD NEWS FOR HOUSING

WAYNE KARL EDITOR-IN-CHIEF

Condo Life Magazine

EMAIL: wayne.karl@nexthome.ca

TWITTER: @WayneKarl

We hesitate to sound like a broken record, but once again, good news for the new home and housing industry overall bears repeating.

Last issue we highlighted the positive developments that were finally taking place in real estate. As early as February, we could see there was relief on the horizon for housing supply, interest rates, inflation, government policy and other issues that had been causes for concern.

In anticipation of spring, usually “busy season” in real estate, there was a growing number of reasons to feel optimistic. A pause in interest rate hikes from the Bank of Canada (BoC) – and anticipation of a drop as early as spring – and growing pent-up demand, signaled that homebuying conditions were becoming increasingly favourable.

Now, a number of sources are reporting very positive results. Royal LePage says the aggregate price of homes in the GTA rose 5.2 per cent year-over-year in the first quarter of 2024, and 4.8 per cent on a quarterly basis – including 1.4-per-cent growth in Toronto year-over-year. Even better, the realty firm forecasts GTA home prices to rise 10 per cent in the fourth quarter.

In terms of housing policy, both the provincial and federal government have announced major programs to address the housing supply shortage – including a highly anticipated Housing Plan that Ottawa included in Budget 2024.

One caution, perhaps, came from the Bank of Canada’s interest rate announcement on April 10, when BoC again held its overnight rate at five per cent.

With no announcement scheduled for May, this sets the stage for June 5, for what many experts believe will be the Bank’s first rate cut since its last hike in July 2023.

By then, we could well be deep into a frothing housing market in the GTA, with new and resale home sales and prices returning to healthier levels.

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

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

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

TRREB REPORT | JENNIFER PEARCE

Jennifer Pearce, TRREB President, is a Broker and Owner with ReMax Rouge River Realty Ltd., a family owned and operated brokerage. She is a secondgeneration realtor and has been licensed since 2000. trreb.ca

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

Official Media Partners:

SENIOR VICE-PRESIDENT, SALES, NEXTHOME Hope McLarnon 416.708.7987 hope.mclarnon@nexthome.ca

DIRECTOR OF SALES, ONTARIO, NEXTHOME Natalie Chin 416.881.4288 natalie.chin@nexthome.ca

SENIOR MEDIA CONSULTANTS Amanda Bell 416.830.2911 amanda.bell@nexthome.ca

EDITORIAL DIRECTOR Amanda Pereira

EDITOR-IN-CHIEF – GREATER TORONTO AREA Wayne Karl wayne.karl@nexthome.ca

CONTRIBUTORS

Jesse Abrams, Mike Collins-Williams, Debbie Cosic, Sara Duck, Barbara Lawlor, Linda Mazur, Ben Myers, Jennifer Pearce, Lisa Rogers, Jayson Schwarz, Dave Wilkes

EXECUTIVE MEDIA CONSULTANTS

Jacky Hill, Michael Rosset

VICE-PRESIDENT, MARKETING – GTA Leanne Speers

MANAGER CUSTOMER SALES/SERVICE

Marilyn Watling

SALES & MARKETING CO-ORDINATOR Gary Chilvers

BUSINESS DEVELOPMENT MANAGER Josh Rosset

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MARCH STATS SHOW OPPORTUNITY FOR NEW-HOME BUYERS: BILD

GTA new home sales in March extended the slow start to 2024, with all three months of the first quarter having set record lows for new home sales, according to the Building Industry and Land Development Association (BILD).

There were 1,125 new home sales in March, down 16 per cent from March 2023 and 66 per cent below the 10-year average, according to Altus Group, BILD’s official source for new home market intelligence.

“GTA new homes sales for March came in at a record low as buyers remained on the sidelines,” says Edward Jegg, research manager with Altus Group. “Builders have responded with fewer new launches until sales begin to recover.”

Condominium apartments, including units in low-, mediumand highrise buildings, stacked townhouses and loft units, accounted for 601 units sold in March, down 38 per cent from March 2023 and 73 per cent below the 10-year average.

There were 524 single-family home sales in March, up 38 per cent from March 2023 and 51 per cent below the 10-year average. Single-family homes include detached, linked and semi-detached houses and townhouses (excluding stacked townhouses).

Total new home remaining inventory decreased compared to the previous month, to 19,508 units. It included 16,318 condominium units and 3,190 single-family dwellings. This represents a combined inventory level of 13.5 months, based on average sales for the last 12 months. This remains one of the highest inventory levels for new homes seen in the last decade and, when combined with the decrease of 16 to 18 per cent in the benchmark price since the peak in 2022, this provides a unique buying opportunity for prospective newhome buyers. With ample choice due to high inventory levels, purchasing a pre-construction home today will allow buyers to lock in a price now, while benefiting from lower interest rates that may be on the horizon, when they close.

“While the current situation is very beneficial for prospective new-home buyers, it is a period of increased

jeopardy for builders and developers that is becoming more critical with every passing day,” says Justin Sherwood, senior vice-president of communications and stakeholder relations at BILD. “At the very time when builders should be ramping up production, they cannot, due to a combination of high interest rates, elevated construction costs and slow demand. This is becoming a very concerning situation and persistence of these market conditions risks future housing supply.”

Benchmark prices increased in March for single-family homes and for condominium units compared to the previous month. The benchmark price for new condominiums was $1.05 million, down six per cent over the last 12 months and 16 per cent from the 2022 peak. The benchmark price for new single-family homes was $1.5 million, down 11 per cent over the last 12 months and 18 per cent since the 2022 peak.

INDUSTRY APPLAUDS FEDERAL HOUSING PLAN ANNOUNCEMENT

The Building Industry and Land Development Association (BILD) applauds the federal government for its recent housing supportive announcement and notes that the top-up of $400 million to the Housing Accelerate Fund and $6 billion for a new Housing Infrastructure Fund is exactly what is needed to support housing all Canadians.

“Challenges surrounding existing infrastructure and building new infrastructure, particularly water and waste-water, have created significant development bottlenecks in the Greater Toronto Area,” says Dave Wilkes, president and CEO of BILD. “This commitment by the federal government to invest in critical infrastructure is vital to unlocking housing supply to meet Canada’s rapidly growing population, enabling more homes to be built and will help address the housing affordability crisis.”

The conditions in the federal government’s announcement that municipalities must commit to implementing a three-year freeze on increasing development charges will also assist in further addressing affordability. For years, BILD had been signaling that increasing development charges are contributing significantly to affordability challenges for new owners. Added costs from fees, taxes and charges from all levels of government, add 25 per cent to the cost of an average single-family home in the GTA, and are therefore driving up housing costs. Freezing development charges will stop the upward trajectory of these costs and provide relief to new-home buyers.

BILD says it has urged all levels of government to prioritize investing the critical infrastructure that is needed to get shovels in the ground to build new homes to meet the ever-increasing demand. Coupled

with the provincial government’s housing infrastructure investment announcement in late March, BILD acknowledges the tremendous commitment from the federal and provincial governments to enhancing housing-supportive infrastructure, particularly water and wastewater. It is exactly this type of support and infrastructure that is needed to meet Ontario’s housing objective of building 1.5 million homes by 2031.

BILD says it looks forward to learning about additional measures to address housing supply and affordability, as further details of the federal government’s Housing Plan are released.

On the resale side, the Toronto Regional Real Estate Board (TRREB) calls Canada’s Housing Plan is a historic commitment to addressing the housing crisis that is projected to unlock 3.87 million new homes by 2031.

TRREB is among the industry voices calling for governments to step up and make it easier to build more homes people can afford in the Greater Golden Horseshoe. Canada’s Housing Plan delivers funding and support that will help provinces and local governments end exclusionary zoning, freeze development charges, and build housing enabling infrastructure.

“TRREB is pleased to see that Canada’s Housing Plan commits to helping future homebuyers achieve their dreams through extending mortgage amortizations for firsttime home buyers and increasing the home buyers’ plan withdrawal limit to $60,000 for an individual or $120,000 for couples,” says Jennifer Pearce, TRREB president. “These are important changes that will help keep the dream of homeownership within reach for individuals and families.”

TREBB says it also welcomes the plan’s commitment to provide

funding to build affordable rental units that meet everyone’s needs, including students and seniors, as well as leveraging under-utilized public lands to increase housing supply across the country.

TRREB says it encourages all levels of government to take a “Team Canada” approach to solving our housing affordability crisis.

“Finding an affordable place to call home cannot be a partisan issue that divides us,” says Pearce. “We must unite to meet this historic housing challenge.”

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GTA TO LEAD THE WAY IN 2024 HOME PRICE GROWTH: ROYAL LEPAGE

Royal LePage is forecasting that the aggregate price of a home in Canada will increase 9.0 per cent in the fourth quarter of 2024, compared to the same period last year – with the Greater Toronto Area among the leaders in growth.

According to the latest Royal LePage House Price Survey, the aggregate price of a home in Canada increased 4.3 per cent yearover-year to $812,100 in the first quarter of 2024.

On a quarter-over-quarter basis, the national aggregate home price increased 2.9 per cent, an indication that sidelined buyers are rebooting their real estate purchase plans ahead of expected interest rate cuts.

“Consistent with our previous forecast, the market did reach a critical tipping point in the first quarter of 2024, when home prices bottomed out and began to appreciate again,” says Phil Soper, president and CEO, Royal LePage. “Clearly, more and more buyers are motivated by the need to get ahead of rising home prices, rather than adopting the strategy of waiting for mortgage rates to fall.”

Within the first months of the new year, the Canadian housing market has already recorded solid price appreciation and higher sales activity. Starting in July of 2023, the Bank of Canada has held rates steady through

six review periods. This has prompted many homebuyers to come off the sidelines in advance of what they expect will be a more competitive spring market that will drive home prices higher.

“Many consumers – particularly first-time buyers – who have the capacity to transact have accepted and adapted to the higher borrowing cost environment. Thus, the modestly-rising home prices we are experiencing today,” Soper says. “Once the central bank does make a move, and that first highlyanticipated cut to rates is made, even if it is only by 25 basis points, I expect we will see the price appreciation curve steepen upwards when the highly rate-focused crowd jumps into the market.”

The Royal LePage National House Price Composite shows the national median price of a single-family detached home increased 4.5 per cent year-over-year to $845,300, while condominiums grew 3.5 per cent to $591,900. On a quarterover-quarter basis, the median price of a single-family detached home increased 3.6 per cent, while condominiums rose 1.4 per cent.

“Given the strong start to 2024, the cadence of the market for the balance of the year points to a normally busy spring market that will lead into an uncomfortably busy fall. It is clear we are rapidly transitioning away from a buyers’ market and back to an environment where the seller has the upper hand,” notes Soper.

The aggregate price of a home in the greater regions of Toronto and Montreal are forecast to increase 10 per cent and 8.5 per cent yearover-year, respectively, in the fourth quarter of 2024, outpacing price gains in the city of Calgary, which was previously expected to see the greatest increase in home values this year.

GTA HIGHLIGHTS

The aggregate price of a home in the GTA increased 5.2 per cent yearover-year to $1.17 million in the first quarter of 2024. On a quarterly basis, the aggregate price of a home in the GTA rose 4.8 per cent.

Broken out by housing type, the median price of a singlefamily detached home increased 3.9 per cent year-over-year to $1.45 million in the first quarter of 2024, while condominiums rose 3.7 per cent to $733,600.

“The first three months of the year were busier than expected in Toronto and the surrounding regions,” says Karen Yolevski, chief operating officer, Royal LePage Real Estate Services Ltd. “Warm winter weather and the anticipation of tight competition once the Bank of Canada reverses course on part of its steep interest rate hike campaign have prompted some buyers who had been sidelined last year to reenter the market with a renewed sense of purpose.”

In Toronto, the aggregate price of a home increased 1.4 per cent yearover-year to $1.16 million in the first quarter of 2024. During the same period, the median price of a singlefamily detached home increased 3.1 per cent to $1.70 million, while condominiums rose 1.3 per cent to $714,900.

DEVRON HOSTS PREVIEW OF 101 SPADINA

Devron Developments, a Torontobased condo developer, recently hosted an exclusive preview of 101 Spadina, following the launch of sales on April 13.

The event offered informative presentations on Toronto’s urban landscape, the real estate market

and how 101 Spadina, Devron says, is changing the game for Toronto condo living.

Devron President Pouyan Safapour, alongside Charles Jacque, CEO of RDS Brokerage, presented 101

Spadina’s top features, offering an inside look at the design, architecture and amenity details through a private tour of a model suite.

devron.com

AMEXON NOMINATED AS FINALIST FOR GREEN BUILDER OF THE YEAR AWARD

Amexon Development Corp. has been nominated as a finalist for the Building Industry and Land Development Association (BILD) 2024 Green Builder of the Year Award.

The BILD Awards recognize excellence and innovation in the design, construction, sales and marketing of new homes in the GTA. The Green Builder of the Year Award recognizes the builder that best demonstrates outstanding leadership in green building practices.

Amexon’s The Residences at Central Park development incorporates a range of industry-leading Green features and building practices. The company says the building is setting a new standard as the first large-scale project of its kind in North America to include EV charging stations in all

parking areas for residents, visitors and retail venues, including four levels of underground parking. Central Park is one of the largest residential projects currently under construction in Toronto anad will incorporate more than 1,500 EV charging stations.

“We’re delighted to receive this prestigious recognition,” says Ashling Evans, general manager of real estate at Amexon. “Buyers are connecting with our industry-leading Green initiatives, and especially with our focus on EV technology, so it is rewarding to know the industry is also taking notice.”

The nomination follows on the heels of The Residences at Central Park winning the Ontario Home Builders’ Association Project of the Year (People’s Choice Award) in 2023.

The Residences at Central Park is a 12-acre mixed-use community adjoining the East Don Parkland, located at 1200 Sheppard Ave. E., Toronto.

centralparktoronto.com

HOME SALES

Buyers re-enter the GTA housing market – TRREB

GTA home sales and new listings were up on an annual and monthly basis in February 2024, while selling prices also edged upward compared to a year earlier, according to the Toronto Regional Real Estate Board. Population growth and a resilient regional economy continued to support the overall demand for housing.

PERSONAL FINANCE

3 unexpected expenses to consider when buying your first home

If you’re planning to purchase a home as a first-time buyer, it’s likely you’ve devoted your blood, sweat and tears to building up your down payment. To ensure you get this process started on the right foot, it’s essential that you consider the other expenses that come with this investment.

HOUSING MARKET

Canadian home prices stabilize in advance of spring market Canadian home prices as measured by the seasonally adjusted Aggregate Composite MLS Home Price Index were flat on a month-over-month basis in February 2024, ending a streak of five declines that began last fall, according to the latest data from the Canadian Real Estate Association.

NEW CONDO COMMUNITY

The Gupta Group – shaping Toronto’s skyline with vision and values

The skyline of Toronto is a testament to its dynamic evolution, with each towering structure symbolizing progress, innovation and foresight. Among the architects of this transformation is The Gupta Group, which is reshaping urban living and enhancing the communities where it builds.

ANALYSIS

How transit impacts property values across the GTA

The GTA is in an ongoing state of transformation, and nowhere is this more evident than in areas surrounding key transit developments. Toronto, Pickering and Mississauga stand as a few prime examples of regions experiencing a dynamic relationship between transit expansion and preconstruction property values.

ARIDO Makes the Difference: Hire

a Registered Interior Designer

The Association of Registered Interior Designers of Ontario (ARIDO) is your connection to qualified, experienced, and innovative Registered Interior Designers.

ARIDO protects Ontarians to ensure every person using the title ‘Interior Designer’ is qualified. In accordance with the Ontario Titles Act, an individual cannot use the title ‘Interior Designer’ unless they are a Registered member with ARIDO.

Why should I hire a Registered Interior Designer?

Registered Interior Designers have completed the necessary technical education and passed the required exams to meet ARIDO’s rigorous standards for membership.

Once qualified, Registered Interior Designers must keep their knowledge updated through professional development on topics including the Ontario Building Code, accessibility, sustainability, building and mechanical systems, inclusivity, etc.

How do Registered Interior Designers become qualified?

They must graduate from an accredited 4-year Bachelor of Interior Design program and complete an extensive supervised work experience program under a qualified practitioner. Finally, they pass a rigorous 3-part practical exam which includes building code knowledge.

arido.ca Toll-free 800.334.1180

1 2 3 4 ARIDO’s

WHAT DOES A REGISTERED INTERIOR DESIGNER DO?

RESEARCH

Meet with client, establish project goals, client’s wants, needs, and budget. Complete a site survey.

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Prepare a variety of project documents, which may include construction drawings and/or product selections. Apply for building permits, as required.

COORDINATE

Provide project oversight, including coordination of sub-contractors, consultants, suppliers, and vendors. Document progress to ensure compliance with design intent and project budget. Address issues as they arise.

Develop detailed design with images, sketches, and 3D views. Propose materials, lighting, furniture, and fixtures. Present concept ideas, preliminary drawings, and images to client. IT MATTERS. ASK YOUR INTERIOR DESIGNER IF THEY ARE A REGISTERED MEMBER OF ARIDO. LEARN MORE AT BLOGARIDO.CA

Download your copy now. Don’t know where to start with your project? Our Consumer Guide can help.

Not sure what you don’t know? Let a Registered Interior Designer help you ask and answer the important questions.

CHALLENGES AND OPPORTUNITIES IN THE GTA CONDO MARKET

BEN MYERS

As we approach the midpoint of 2024, halfway through the decade of the 2020s, it’s a fitting time to reflect on the thoughts and questions emerging during this period. With the decade

commencing amidst one of the most significant public health crises in recent memory, it was inevitable that it would greatly impact the real estate overall, and the residential housing markets. Let’s use this backdrop, along with the multitude of events it has spurred, as a focal point to delve into the present dynamics of the GTA condo market.

New condominium apartment prices and land values often move in

unison, but that started to change in 2021 and 2022 as the costs to build and government fees reduced the maximum amount that developers were willing to pay for land. The bigger influence over the last 18 months has been the rise in interest rates and the decline in new condo price growth expectations. As a result, lenders are re-evaluating the types of loans they’re willing to offer and the terms in which they offer

“ ” Do your research and solicit advice from experienced professionals...

them, prompting a re-examination of development strategies by developers. The early result has been fewer land sales, project launches and construction starts, which will lead to a supply deficit in three to four years. Rates, fees and costs are exerting significant pressure not only on future development prospects but also on ongoing projects that have already commenced sales. A recent news report highlights the trend, stating that “Residential development projects nationwide are facing a

growing risk of receivership. Elevated interest rates, escalating construction costs and delays, combined with a sluggish real estate market, are all factors contributing to the heightened financial strain experienced by these projects,” according to industry experts.

Lauren White, who serves as the executive vice-president at CBRE, shared insights during a recent appearance on the Toronto Under Construction (TUC) podcast. White emphasized that many receiverships can be attributed to mismanagement, particularly the failure to fully comprehend the length and intricacies of the development process.

During a recent discussion on the Toronto Under Construction (TUC) podcast, a panel of GTA lenders shed light on the challenging landscape faced by new condo projects. In 2023, only five out of the 32 new condo projects launched in Toronto managed to sell more than 65 per cent of their units, a benchmark often necessary to secure construction financing. Consequently, 27 projects are grappling with the need to extend their land loans. The stark reality is reflected in the low sales figures of only 13,000 condos sold in 2023, significantly below expectations. As a result, a considerable portion of these 13,000 units may never come to fruition, with my firm, Bullpen Consulting, estimating that perhaps only 6,000 of those launched units actually commence construction this year.

In the short term, condo prices are flat or declining, reducing the number of investors and buyers overall, leading to more developers looking at building traditional rental apartments.

During a TUC podcast, Devon Cranston, president of Cranson Capital, highlighted the implications of low construction starts in 2024 (due to slow pre-construction condo sales) for future project completions in 2027. This anticipated shortage is expected to drive up rental rates significantly. Cranston emphasized

that for those with a forward-thinking approach, the current period presents an opportune time to invest in rental properties.

The market dynamics and external forces are shaping the GTA condo and rental markets, unveiling a landscape both challenging and ripe with opportunity. In 2024 we’re feeling the lagging negative impact of the pandemic, rising interest rates and construction costs, leading to fewer condo project launches. Slower sales and lukewarm buyer interest has ushered in a period of introspection among developers and lenders, prompting a re-evaluation of strategies and loan offerings. The consequence of today’s uncertainty will be a looming supply deficit projected in the coming years. Developers remain flexible, with a shift towards traditional rental apartments. Buyers and developers must pivot to meet the evolving needs of the market. The forecast for 2027 anticipates a scarcity in completed projects, setting the stage for a surge in rental rates. It may be hard for many retail investors to think about what the market will look like in three years, but hesitant buyers will miss their opportunity, as rates are not expected to stay this high forever.

Astute investors and developers equipped with foresight and adaptability are primed to thrive amidst the shifting tides of the real estate industry. Do your research and solicit advice from experienced professionals like real estate lawyers, mortgage brokers and sales agents. Good luck.

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.

KÜL CONDOS IN ETOBICOKE

IT’S SIMPLY THE KÜL PLACE TO BE

KüL Condos, a new development by Equiton Developments, embodies a fresh approach to urban living in Etobicoke’s vibrant community on The Queensway in Toronto.

The contemporary design of KüL Condos has been designed by award-winning architects IKON. The interiors were designed by the renowned Patton Design Interior

Design firm, featuring Scandinavianinspired design, offering sleek and sophisticated elements that harmonize KüL comfort, style and wellness.

The boutique, 11-storey building will offer 186 suites, ranging from oneto three-bedroom plus den. These well-planned layouts range from 327 to 1,024 sq. ft., complemented by sumptuous terraces up to 700 sq. ft.

ELEVATE YOUR LIFESTYLE

Situated just 15 minutes from downtown Toronto, KüL Condos provides convenient access to local amenities via Mimico GO station or the TTC. Strategically thought-out amenities were all curated to elevate your body, mind and soul focusing on health benefits.

There will be a unique, Nordik Wellness Room adjacent to the state-

Renderings are artist’s concepts only

of-the-art fitness facility, featuring an infrared sauna, a Coldture ice plunge bath and a resting area, all designed to promote optimal health, wellness and recovery.

Social connection also plays a significant role in wellness. To encourage a sense of belonging, families and neighbors are invited to mingle in the games and entertainment room, form lasting friendships at the kids’ play zone, and enjoy starry nights around the open-air rooftop dining and fireplace lounge area. For connections outside the home, The Queensway offers exciting spaces to explore ranging from the newest restaurants and trendy shopping areas to convenient access to waterfront trails and lively green spaces.

KüL Condos, with pricing starting from the $400,000s, represents an accessible entry point into boutique urban living. Scheduled to make their debut on The Queensway in 2024, this condominium will offer the perfect balance of modern comfort and convenience. Occupancy for this vibrant community is anticipated for 2026.

To stay informed about KüL Condos from Equiton Developments, register now at equitondevelopments.com.

BUILT TO ENRICH

At Equiton Developments, the company dedicates itself to delivering the most value for homebuyers by designing and building homes that truly stand the test of time.

Built to elevated standards of design, craftsmanship and sustainability, Equiton Developments’ midrise buildings are conveniently located in amenity-rich locations to maximize your quality of life. Equiton Developments also has other exciting developments in progress, such as

Sandstones Condo, conveniently located in Cliffside Village in the Bluffs. Offering an innovative community that blends modern living with natural surroundings. This development promises a unique lifestyle experience, offering thoughtfully designed amenities and a vibrant atmosphere for residents to enjoy.

GET TO KNOW SANDSTONES IN TORONTO

A beach-chic condominium boasting approximately 333 suites, featuring

one- to three-bedroom plus den layouts. This lifestyle-focused residence is located at 2257 Kingston Rd. Premium suites feature spacious terraces with tranquil beach and waterfront views. Experience an outdoor enthusiast’s dream in this serene neighborhood just a stone’s throw away, from one of Toronto’s premiere waterfronts. The anticipated occupancy for Sandstones is 2027.

“Equiton Developments focuses on making quality, urban living attainable and building homes that people love and enjoy. KüL Condos perfectly represents this commitment,” says Jason Roque, founder and CEO. “Set in a prime location near Toronto’s finest greenspaces and amenities, KüL Condos redefines urban living for those seeking both comfort and style.”

ENRICH YOUR LIFE, WITH EQUITON DEVELOPMENTS

Don’t miss these upcoming communities. Join the VIP list by registering at equitondevelopments.com to stay informed.

ELEVATED ESSENTIALS:

HEALTH, SAFETY AND CONVENIENCE FOR LUXURY HOMEOWNERS

DEBBIE COSIC

Luxury homes in the Greater Toronto Area are renowned for their fusion of elegance and functionality, setting the standard for opulent living. From sprawling estates in Oakville to sleek penthouses in downtown Toronto, the GTA offers a diverse array of architectural styles and design features for those with discerning tastes.

I recently participated in a panel discussion at the Living Luxe Design Show where I discussed the top features our team is seeing when it comes to designing and building luxury properties.

The luxury features of your property often mirror your level of wealth. The higher the budget, the more probable it becomes that extreme opulence and amenities will be integrated into these residences. Whether you’re investing in a luxury subdivision home priced at $2 million to $3 million, building a custom home as part of the top one per cent with a budget of $5 million, or belong to the ultra-highnet-worth category investing in a $30-million estate, they all prioritize three fundamental needs and desires: Safety, health and convenience.

Placing a premium on safety and security, luxury homes in the GTA boast advanced features for peace of mind. From comprehensive surveillance systems to fortified entryways and smart locks, homeowners benefit from round-the-

clock protection without sacrificing style. State-of-the-art solutions seamlessly integrate with the home’s design aesthetic, ensuring a secure and inviting environment for residents and visitors alike.

Reflecting the city’s vibrant allure, serene indoor and outdoor spa-like spaces have become indispensable features of luxury residences in the GTA catering to both health and convenience desires. Whether adorning a penthouse terrace or nestled within a sprawling backyard oasis, these tranquil havens offer a harmonious blend of urban refinement and natural tranquility. From expansive decks to serene gardens, homeowners cherish the opportunity to entertain guests or indulge in peaceful solitude amidst the scenic vistas of the GTA, complete with indoor and outdoor pools, inferred saunas and workout studios for a comprehensive wellness experience.

Demonstrating a dedication to innovation and environmental responsibility, luxury homes in the GTA showcase cutting-edge automation and sustainability practices. Solar panels, geothermal heating and energy-efficient appliances reduce carbon footprints while cutting utility costs. Smart home systems optimize energy consumption and monitor environmental conditions, delivering unparalleled comfort and efficiency for the residents.

Smart home features have become synonymous with luxury living in the GTA. Homeowners enjoy the convenience of controlling lighting,

climate, security and entertainment systems with effortless ease. Whether through voice-activated commands or smartphone apps, these advanced setups offer unmatched convenience and peace of mind.

Building your dream luxury home isn’t just about creating a space; it’s about crafting a lifestyle tailored to your desires. With each meticulous detail and visionary design choice, you’re not just building a home; you’re manifesting your aspirations and paving the way for a future filled with unparalleled comfort, joy and fulfillment.

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

TRREB CALLS FOR BOLD

MUNICIPAL ACTION TO TACKLE HOUSING

AFFORDABILITY

JENNIFER PEARCE

The dream of homeownership is slowly slipping further out of reach for countless Canadians. While all levels of government play a role in addressing this housing crisis, much of the responsibility lies with municipalities to expedite the construction of much-needed housing supply with the financial support of the provincial and federal governments.

The Greater Golden Horseshoe (GGH) needs more homes, fast. Innovative solutions are critical to unlocking the potential for accelerated housing builds. The emergence of modular and prefabricated housing is an opportunity to expedite the building process, but developers face regulatory challenges. Modular construction is a faster and costeffective option that will help Ontario meet its housing targets. Introducing much-needed density into areas with underutilized infrastructure is critical to help restore affordability. By streamlining the process, cutting red tape and embracing standardized designs, municipalities can pave the way that meets the demands of a growing population.

A major contributor to the rising cost of housing units are development charges and taxes which add up to 31 per cent to the price of a home, and are passed down directly to homebuyers and renters.

There is also a need to relieve the stress test on mortgage renewals for uninsured mortgages. While the new

Canadian Mortgage Charter is helping address this concern for insured mortgages, most homeowners still face the uncertainty of unaffordable mortgage renewals. The City of Toronto and other GTA municipalities must advocate for changes to the Charter to ensure homeowners have access to fair and competitive mortgage rates.

Zoning restrictions, angular plane requirements and restraints on maximum unit allowances, are limitations that reduce the amount of housing that are built on a given piece of land. Taking advantage of pre-approved standardized designs for garden suites, multi-unit and midrise housing can give major cities across the GGH new opportunities to increase housing supply.

A notable win coming out of the recent Ontario budget is a commitment to develop an attainable housing program, which will include investments in modular construction. While there is more that can be done to support municipalities with their efforts to reach municipal housing targets, this is a step in the right direction.

The federal government has committed to provide more funding to provinces and municipalities as part of the 2024 Federal Budget through the recently announced investment of $6 billion to the Canada Housing Infrastructure Fund for increasing housing supply. Financing for new purpose-built rentals as well as investment to stimulate the uptake of modular and factorybuilt construction techniques are promising. TRREB encourages the provincial and federal governments to work together and implement policies that better equip municipalities to build housing and access funding.

“

” As the GTA grapples with housing affordability challenges and shelter system pressures, it’s important that policymakers step up to the plate.

As the GTA grapples with housing affordability challenges and shelter system pressures, it’s important that policymakers step up to the plate. The path to balancing housing demands with supply will require the City of Toronto, GTA municipalities and the governments of Ontario and Canada to be bold in their actions. By prioritizing the expansion of housing supply, embracing innovative construction methods, and dismantling regulatory barriers, they can begin addressing the housing crisis more effectively.

TRREB’s recently released 2024 Market Outlook & 2023 Year in Review report titled Taking Action: Housing, Unaffordability & the Social Impact provides insightful research and solutions that will help address the housing challenges we are currently facing.

Jennifer Pearce, TRREB President, is a Broker and Owner with ReMax Rouge River Realty Ltd., a family owned and operated brokerage. She is a secondgeneration realtor and has been licensed since 2000. trreb.ca

RENTING IS A VALID

OPTION IN TODAY’S HOUSING MARKET

BARBARA LAWLOR

It is well known that homeownership is the dream of most Canadians, both home grown and immigrants. Nowadays, however, with home and condominium prices the way they are, that dream can be difficult to transform into reality. Certainly, people are finding ways to save for down payments, whether it be using part of their RRSPs, qualifying for government programs, turning to parents or grandparents for help, buying jointly with friends or relatives… the list goes on. If none of those is an option, the logical solution is to rent before buying, and currently, there is more demand for rental accommodations than there are options in the GTA.

Today’s condominium investors are helping to lessen this demandexceeding supply situation. Investors realize that tenants enjoy many benefits of living in a condominium. Convenient transit-friendly locations, beautiful amenities, retail/commercial venues on the ground floor, and in general, lowmaintenance living… there are plenty of condo lifestyle perks.

There is, however, a certain stigma to renting, which is disheartening –and unnecessary. Remember that most of us who own homes rented before we could afford to buy. Plus, there are many perks to renting, beginning with not having to save a large down payment. Typically, a security deposit of a month’s rent is required. Then consider the fact that

when you rent in a condominium, you have all those wonderful amenities at your doorstep. Your insurance costs are far lower, and you don’t have to pay property taxes or worry about repairs.

In addition, potential renters need to know that recently, Prime Minister Justin Trudeau announced that in the latest budget, his government introduced a new “renters’ bill of rights” to protect tenants in Canada. Included in this legislation will be a national standard lease agreement, the ability for tenants to negotiate their rents, a $15-million fund for provincial legal aid organizations that help tenants fight landlord abuse such as unfairly rising rent payments, plus a change in federal rules so that making rental payments on time will be considered in renters’ credit scores to help them purchase their first home. The latter will also diminish the stigma of renting versus owning. This is great news, especially for those who may be hesitating.

Around the world, there are numerous major cities that are predominantly rental when it comes to housing, such as New York, Paris

2992 Sheppard by 95 Developments

and Hong Kong. Toronto is heading in that direction, and owners are discovering that tenants can be just as responsible and pleasant as other owners. Families who rent understand that they can provide a wholesome, healthy lifestyle for their children in a condominium. Some buildings even feature indoor and outdoor children’s play areas.

Your financial situation will undoubtedly determine whether you can afford to buy a house or condo, or need to rent instead. When renting translates to low maintenance, convenience and resort-style living in a condominium, keep in mind that the benefits are priceless.

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

WEHBA CONFERS

AWARDS OF DISTINCTION

MIKE COLLINS-WILLIAMS

For more than 40 years, the West End Home Builders’ Association (WEHBA) has recognized the highest levels of achievement in the homebuilding, renovation, community development and residential marketing industries through the WEHBA annual awards program.

As with many organizations that bestow awards on their industry, WEHBA has an extensive selection of awards that recognize companies that make the homebuilding industry better. This year, the annual Awards of Distinction Gala gathered more than 380 leaders and stakeholders from the residential construction industry and were proudly presented

by WEHBA partner, accounting firm DJB. The WEHBA Awards recognize winners for their merit and give them the opportunity to showcase some of the latest ideas and projects in their specific field. From suppliers to marketers, WEHBA receives award entries for every niche across the residential construction industry and the list of award categories has grown substantially over the years. Winners take pride in their achievement as it represents a distinguished industry recognition. This year’s Awards of Distinction covered building, design, promotion and marketing in the new home, renovation, marketing, sales and design.

WEHBA takes the integrity of the awards process seriously, and seeks to create a fair and impartial judging process. The Awards of Distinction winners were selected from more than 200 nominees by third-party judges from Toronto, Guelph,

Kitchener, Niagara and London area members of the Ontario Home Builders’ Association, who are directly involved with the related award categories and have no conflicts of interest or affiliation with any WEHBA members.

Members of the West End Home Builders’ Association have the opportunity to submit for the Annual Awards of Distinction and receive one of the most prestigious recognitions in the industry.

CREATIVE AWARDS

Best Project Logo

Royal Living Development Group

PEAK Condos

Best Magazine Advertisement

Losani Homes

Exceptional Communities

Best Newspaper/Magazine Feature

Advertorial

Branthaven Homes

West & Post

Best Signage

Cachet Homes

Cachet Binbrook

Best On-Line Video Advertorial

Cachet Homes

Cachet Binbrook

Best Social Media Campaign

New Horizon Development Group

Interlude Towns

Best Website

Hallett Homes

Corporate

Best On-Site Sales & Marketing

Package

Branthaven Homes

West & Post

Best Virtual Tour

Cachet Homes

Cachet Binbrook

Best Ingenuity in Marketing

Losani Homes

Prevu

Marketing Award of the Year

Cachet Homes

Cachet Binbrook

ACHIEVEMENT AWARDS

Supplier Company of the Year

Turkstra Lumber Trade Company of the Year

Dynamic Heating & Cooling Service Professional Company of the Year

Salefish

Consumer Choice Award High Volume Builder

New Horizon Development Group

PRODUCT AWARDS

Best Sales Office

Hallett Homes, Primont Homes & Valery Homes

Joshua Creek Montage

Best Decor/Design Centre

Cachet Homes

Hamilton New Home Centre

Best Interior Merchandising Model

Home or Suite/Lowrise

Marz Homes

Beach Walk, Bar Harbour IV

Best Bathroom Under 2,000 Sq. Ft.

Starward Homes

The Ridge at River Mill, Keystone

Best Bathroom in a Home 2,000 to 3,500 Sq. Ft.

Losani Homes

Seasons at Simply Grand, Burgundy II

Best Kitchen Concept in a Mid- to Highrise

Losani Homes

Windwood II, The Belmore

Best Kitchen in a Home Under 2,000 Sq. Ft.

Branthaven Homes

West & Post, The Arbourview

Best Kitchen in a Home 2000 to 3,500 Sq. Ft.

Veloce Homes

The Maywood Towns, The Charlotte Best Exterior Concept on a Mid- to Highrise

Losani Homes

Windwood II

Best Exterior on a Home Under 2,000 Sq. Ft.

Starward Homes

The Ridge at River Mill, Keystone Best Exterior on a Home 2,000 to 3,500 Sq. Ft.

Marz Homes

Beach Walk, Portsmouth II

Best Condominium Concept 750 to 1,200 Sq. Ft.

Losani Homes

Windwood II, The Belmore

Best Townhome/Semi-Detached Home

Veloce Homes

The Maywood Towns, The Charlotte Best Single-Family Home Under 2,000 Sq. Ft.

Marz Homes

Beach Walk, Bar Harbour IV

Best Single-Family Home 2,000 to 3,500 Sq. Ft.

Losani Homes

Seasons at Simply Grand, Burgundy II

Best Custom Home Under $1.5 Million

Team Shane

Vanessa

Best Custom Home $1.5 to $3 Million

Hummingbird Hill Homes

Project Glenwood

Best Custom Home Design $1.5 to $3 Million

Carrothers and Associates

Bischoff

Best Custom Home $3 to $5 Million

Stuart Riley Bespoke Builder

Oppulent Haven

Best Custom Home Design $3 to $5 Million

Carrothers and Associates

Roseland

Best Custom Home $5 Million & Over

PCMNow

Princess Margaret Fall Home Lottery

Grand Prize Home

Best in Housing Affordability

New Horizon Development Group

3 North Park

Project of the Year | Mid- to Highrise

Losani Homes

Windwood II

Project of the Year | Lowrise

Cachet Homes

Mount Hope by Cachet

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

+MORE CONTENT ONLINE nexthome.ca

POUYAN SAFAPOUR PRESIDENT

DEVRON DEVELOPMENTS

by WAYNE KARL

Devron Developments has something to say.

It always has, mind you, given its mission to not just create homes that enhance the lives of residents, but also to construct buildings that contribute to surrounding communities.

Now it is armed with data showing precisely what GTA condo buyers want – and at least two projects underway that intend to deliver.

In our latest In Conversation With feature, Devron President Pouyan Safapour explains just what all this means, and how homebuyers – and the GTA at large – stand to benefit.

What’s your assessment of the GTA housing market these days?

There are more signs of things heating up, returning to the typical spring market rush, at least on the resale side… The challenges on the development side are a little more chronic…

The Toronto housing market is in an interesting spot right now,

it’s showing both resilience and progression. The market has been slow since last year when prospective buyers started putting off plans to purchase homes as the Bank of Canada held rates steady. However, projections of interest rate cuts later this year could revive it.

This potential for increased affordability could also inspire a renewed wave of buying activity. Currently, the GTA housing market is showing subtle signs of heating up, similar to the typical springtime buzz the market is used to. Toronto, specifically, is experiencing an uptick in home prices, surpassing the growth seen in the broader GTA, highlighting a persistent demand for alternative urban living options.

On the development side, we’re facing a range of long-standing challenges from supply chain to policy. Another challenge is the decreasing construction productivity and quality that have affected buyer sentiment and purchase motivations. Devron’s recent survey highlights the

public’s desire for quality in condo construction, revealing that 93 per cent of residents are dissatisfied with their current options and demanding better standards.

Looking ahead, the market trajectory seems positive, and will likely continue to be shaped by broader economic trends, new policies and demographic shifts.

How much have the last couple years, with higher interest rates and other factors, affected your business? For example, delaying launches or altering pricing or product strategy…? While the industry has been navigating a challenging economic climate, we’ve remained resilient. Our approach has been focused on developing residences that truly meet the needs of today’s homeowners. While these economic factors present challenges, our approach has always been to stay proactive and responsive – making strategic decisions that not only address

immediate market conditions, but also position us for sustainable growth. When times become difficult, we doubled down on our purpose to create higher quality homes that have better value for Torontonians.

Your vision is to create homes that enhance the lives of residents, and buildings that contribute to the communities you develop in… What are some examples of how you’ve done that with current or existing projects? South Station seems like a project that might be quite transitional for the neighbourhood.

South Station is specifically designed to thoughtfully enhance the Weston neighborhood, with a focus on top-tier design from the inside out. Strategically located near major transit lines, the development will improve residents’ access and connect them to the broader GTA.

This underscores our commitment to building communities that truly enhance their surroundings.

Similarly, our latest project 101 Spadina, located in the heart of the city, will offer residents unparalleled access to urban amenities while drawing inspiration from the history of the surrounding neighbourhood. Its design incorporates sustainable building practices and communityfocused features, including a new public park in partnership with the City of Toronto that will provide valuable greenspace for residents and the community alike.

Both South Station and 101 Spadina reflect our commitment to creating developments that don’t just house people, but also shape and serve communities.

You also mention you’re dedicated to reshaping the perception of condo living and shaping the future of urban housing in Toronto and GTA. How do you foresee the next five years, in this regard? And beyond that?

Looking ahead at the next five years, reshaping the perception of condo living in Toronto and the GTA is about cultivating a sense of pride and belonging for those who choose condos as their homes. It’s about demonstrating that condos are not a compromise but a preference.

Historically, the perception of condo living has been incredibly poor and people have become accustomed to low standards.

According to our recent survey, almost four-in-five GTA residents (79 per cent) believe most Toronto

condos are cheaply made. However, we’re committed to changing this narrative. With 101 Spadina, we are not just creating a building, but changing the experience of condo living for generations to come. The goal is to reimagine these spaces as complete homes, where the focus extends beyond physical walls to the overall lifestyle they enable.

Overall, in the next five years and beyond, we want Toronto’s condos to be seen as the heart of urban living – vibrant, sustainable and integral to the city’s identity. Torontonians deserve more from the condo landscape, and we are committed to offering better options and hope for prospective homeowners.

How important is architecture and design in your projects?

Architecture and design are central to every project we undertake at Devron. This should go beyond aesthetic appeal and influence how residents interact with their living space and the surrounding community.

We believe the design of a building impacts not only its residents but also the urban landscape and the city’s character – an element that GTA residents are concerned about. In fact, our survey found 59 per cent of GTA residents feel that current condo offerings in Toronto are lagging compared with other major Canadian cities in terms of interesting and exciting designs. Therefore, our architectural choices are made with a keen awareness of their long-term implications for the cityscape and the lifestyle of the people who will call these buildings home.

Architecture and design are the vehicles through which we deliver on our promise of quality, sustainability and livability. They are fundamental to achieving our vision of creating spaces that resonate with individuals and contribute positively to the communities we serve.

What are some of the trends that influence functionality and comfort in today’s condos, and how are they changing?

Today’s condos are increasingly influenced by trends that prioritize both functionality and convenience, reflecting the diverse needs and desires of urban dwellers. A significant trend is the design of multi-functional spaces within condos. With the rise of remote work, there’s a growing demand for living areas that can be interchangeably used as workspaces. This has led to the creation of adaptable design layouts, so residents can maximize their space without compromising on style or comfort. Another trend is the shift towards smart home technology, which allows residents to easily control various aspects of their home environment. Sustainability is also shaping the way condos are being designed, with a focus on energy efficiency, the use of eco-friendly materials and the incorporation of greenspaces. As these trends continue to develop, more condos will be developed with residents’ well-being and functionality in mind.

How are things coming along at 101 Spadina?

The progress at 101 Spadina has been positive. The project’s unique architectural design and focus on quality and livability have resonated with Torontonians and have garnered significant interest from potential buyers. On the construction front, we are on target with our projected timelines and are on track for scheduled occupancy in 2028.

What is it about this project that distinguishes it from others in the city… why should prospective buyers consider 101 Spadina?

101 Spadina is a departure from the typical glass tower that has come to define much of Toronto’s condo landscape. It’s a project that reflects a commitment to fostering a new kind of condo culture – one with the foundation of quality, community engagement and sustainable design.

This project aims to add real value to downtown living. It will provide residents not just a living space but a connection to the city’s rich history, setting a new standard for what condo living should be. The contemporary art deco approach, coupled with the use of traditional materials such as brick and stone, is more than an aesthetic choice – it’s a deliberate move towards building homes that are meant to be timeless, offering a breath of fresh air to the city and challenging the status quo.

Who

is the target demographic for this project?

The target demographic for 101 Spadina is a broad spectrum, as 47 per cent of GTA residents from the Devron survey believe that condos can be long-term homes. This includes young professionals seeking a vibrant lifestyle in the heart of the city, growing families looking

for a long-term home with space and amenities to raise children, and downsizers who want to maintain an active urban life without the burdens of maintaining a larger property.

The diversity of this demographic is reflected in the design of 101 Spadina, which offers a variety of unit sizes and community spaces to cater to different needs and preferences. It’s about creating a place where different life stages can find comfort, convenience and community.

If you could advise the province, or even Ottawa, on housing policy, what would you suggest they do, both now and over the longer term?

My suggestions on housing policy would be to closely align with strategic priorities that we aim to uphold within Devron projects, which emphasize well-built, environmentally responsible and community-focused developments.

To tackle issues that the country has been facing surrounding housing supply, fostering more collaboration between all levels of government and developers to streamline the development process could allow for faster completion of high-quality, sustainable housing projects to meet urgent housing needs.

What’s next for Devron Developments, in terms of residential development?

Looking ahead, our trajectory is promising with several well-built, sustainable projects on the way.

As well, sales for 101 Spadina have officially launched this year, offering a unique opportunity to own a piece of Toronto’s vibrant downtown. Stay tuned for more updates on this exciting project.

devron.com

THE IMPORTANCE OF PREPARING A WILL

ROBIN HAMMOND, JD AND JAYSON SCHWARZ, LLM

Many people think that they don’t need a Will because they own their assets jointly, or because they don’t have much.

But a Will is not just about financial transactions, it is also about how you leave your affairs for your loved ones to manage without family conflict. Who will care for your minor children if you die? You may think this is an easy answer, but you might be surprised to find that your siblings or parents or in-laws all feel entitled to raise your children. But if the issue is guardianship, why am I talking about a Will?

Having a Will that names your preferred guardian can prevent court battles over custody of children. In a dispute over guardianship of minors, the wishes of the parents are considered to be very important. As a formal legal document, a Will has a lot of persuasive power, or weight, as evidence of the parents wishes in the event of a dispute. In the eyes of the court, it is definitely stronger than a “she said/she said” argument about what other people say the parents wanted.

Another issue that can arise without a will is that your common law spouse will not have any automatic rights to your assets when you die. Without a Will, the only thing a surviving common law spouse can do is find the money to make a court application a part of the estate. And you can bet that the deceased’s family will contest that application

because, if successful, it would reduce the automatic inheritance of blood relatives when there is no Will.

This is why common law couples must have Wills if they want to save their surviving spouse the time, money and aggravation of trying to get any financial support at all, and so that they can leave something for their spouse when they die.

And one more issue to think about: If you don’t have a Will, you don’t get to choose the person who will step into your shoes and make decisions about your estate. That’s right, your estate trustee will be your closest blood relation as determined by law, regardless of your actual relationship with that person. In addition, if you’re an Ontario resident and you die without a Will, it’s expensive and sometimes impossible to have a nonresident of Ontario be your executor So, your executor might be an even more distant family member.

If you care about who will look after your children when they’re grieving your loss, if you care about family harmony, if you care about the financial security of your common

law spouse, and if you care about how your hard-earned estate is managed after you die, you absolutely need a Will.

When it is time to have a Will and Powers of Attorney prepared, please don’t try to do this yourself or have a lawyer who does incorporations try to help you. Check around and find a lawyer who focusses on Wills and estates and will be capable of providing the proper advice on how to structure your affairs. This can be one of the most important documents you need to prepare in your life. Protect yourself, your spouse, your children and ensure what you want gets effected when it needs to be.

Jayson Schwarz LLM is the managing partner of Schwarz Law Partners LLP. Robin Hammond JD is the head of the firm Wills and Estates Section. Visit schwarzlaw.ca or email info@schwarzlaw.ca.

HOW FIRST-TIME

HOMEBUYERS CAN PREPARE FOR THE 2024 SPRING MARKET

JESSE ABRAMS

The spring housing market in Canada is finally beginning to show signs of life. With rates held steady once again in an effort to stabilize the market, there is optimism that the warmer weather will bring more activity. Adding to this optimism, the Canadian Real Estate Association reported an increase in new listings and sales at the end of March into April, signaling a potential upturn as we head into the

spring season. For first-time buyers, this might be an opportune time to make a grand entrance into the market once and for all.

WHAT CAN FIRST-TIME BUYERS DO TO PREPARE THIS SPRING?

1. Budget beyond purchase price If you’ve saved for your down payment – that’s great news. However, heading into the spring, you’ll want to make sure you’ve budgeted beyond the purchase price of the home. For instance, closing costs, which make up 1.5 to 4,0 per cent of a home’s purchase price, need to be taken into account. There are

“ ”

While there’s no telling what spring will bring for the Canadian housing market, there is enough evidence for first-time buyers to keep their ears and eyes open.

also additional expenses like a home inspection, furniture or even potential renovations that may be required in your new home. These can easily add up and are important to factor into your overall budget.

2. Get pre-approved for a mortgage

With greater activity potentially on the horizon, a mortgage pre-approval has many benefits, especially for first-time buyers. First, a lender (either directly, or through a brokerage such as ours at Homewise) will confirm how much you’re able to borrow, which will give you clear parameters of what you can and can’t afford. Second, it’s leverage. Spring is likely to bring more buying and selling activity and thus a more competitive market. In this type of environment, a pre-approval gives buyers an “edge” in the event of a bidding war. It shows sellers that you are a serious buyer and can help to expedite the closing process. Further,

it lets you know exactly what you can afford, so you can determine how aggressively you will bid on a home.

3. Consult the right experts

Finding the right real estate and mortgage experts is especially crucial given the current market conditions. Although more activity is expected this spring, Canadians are navigating a higher cost of living and higher rates, which means there’s a lot more to consider when making a decision. A team of experts can also help you understand market trends and what they might mean for you, inventory levels, and how to discern what the right move is for you and your future. Companies such as Homewise and Homewise Real Estate work together to support first-time homebuyers to ensure they’re choosing the right lender long-term, and making a purchase that aligns with their short-term and long-term financial

goals. Further, working with unbiased advisors will help you understand additional benefits that may be available, such as the new program that allows first-time buyers to have a 30-year amortization on new builds. While there’s no telling what spring will bring for the Canadian housing market, there is enough evidence for first-time buyers to keep their ears and eyes open. Despite the current market environment over the last little while, with the right real estate and mortgage experts, the dream of homeownership is definitely within reach.

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

HIGHER STYLE. HIGHER STANDARDS. HIGHER VALUE.

Legacy homebuilder Branthaven will soon launch High Line Condos, its newest attainable luxury condominium at Ninth Line and Eglinton in North Mississauga.

HIGH DEMAND PRODUCT AND HIGH GROWTH LOCATION

High Line Condos will be an intimate residence located in the heart of Mississauga’s Churchill Meadows neighbourhood. “High Line is a sixstorey boutique condo that’s high on style, quality and value,” says Steve

Stipsits, president of Branthaven. “High Line is unlike any new condos coming on stream in booming Mississauga… its intimate scale – just 205 suites, elevated amenities and rare park-like setting are unrivalled. It truly is a oneof-a-kind real estate opportunity.”

As the first condo building to kickstart the proposed 4,000-unit Ninth Line Development Corridor, High Line is sure to set the bar for future quality neighbourhood condominiums.

Defined by its contemporary clean lines, sweeping glass expanses

and a panoramic rooftop terrace overlooking the Churchill Meadows Forest, High Line is a striking architectural addition to the lowrise setting, tree canopy and parks that sets this neighbourhood apart.

BOUTIQUE SCALE AND HIGH DESIGN

Each of High Line’s distinct elevations offer an urban design sensibility carefully curated to celebrate this natural setting.

The main resident entrance is located within a quiet landscaped courtyard complete with resident drop off and reception canopy. Each streetscape features a unique collection of ground level patio units that offer the convenience of a street or park entrance while still enjoying connectivity to the building amenities.

A soaring wraparound, doubleheight corner entrance defines a second entrance on Ninth Line –perfect to greet guests and take in the year-round views of the picturesque forest next door.

High Line Condos, Ninth Line and Eglinton

Fireside social lounge and private dining room

HIGHER STYLE AND DESIGN AMENITIES

“Branthaven’s reputation for awardwinning interior design and amenity programming is unsurpassed at High Line Condos,” says Dan Marois, director of sales for Branthaven.

“Renowned interior design firm, II BY IV DESIGN has brought next level luxury and boutique-hotel style to Branthaven’s amenity offerings at High Line.” The height of comfort and sophistication are apparent in the seamless flow of the ground floor lobby reception, fireside social lounge, party room, fitness and co-working spaces’ inviting furnishings, luxe materials and indoor-outdoor connectivity.

“High Line Condos seventh floor rooftop terrace draws its design inspiration from New York City’s famed ‘High Line’ – a destination elevated park system,” adds Marois.

“Like its namesake, High Line Condos’ rooftop terrace offers communal outdoor living and a cool boutiquehotel vibe with built-in benches, a lounging lawn, friendly fire pit, barbecues and al fresco dining for relaxing and entertaining in high style. There’s even a rooftop pet run and wash station for four legged residents.”

HIGHLY DESIRABLE SUITE MIX

Branthaven enjoys industry-wide recognition for its award-winning floorplans that are highly livable –thoughtful layouts that maximize natural light and flow, are easy to furnish and a pleasure to live in. High Line’s suite mix is intentionally designed to reflect how today’s buyers really want to live, work and entertain at home.

“We have a large selection of smart one-bedroom suites and innovative one-bedroom plus den collections – featuring versatile FLEX dens and second baths. The 600-sq.-ft. model suite at High Line’s Presentation Centre perfectly demonstrates how functional and flexible the one-bed plus den floorplans are. We even have a fully merchandised den/guest suite where visitors can experience the versatility first-hand. It’s very impressive,” adds Marois.

Outdoor living is always considered. Balconies are furnituresized, with clear glass for a seamless indoor-outdoor living experience. “The model suite showcases our full width balconies with oversized windows and sliders,” says Marois.

HIGHER DESIGN DIFFERENCE

– NO EXTRA COST

“What really sets Branthaven apart is the attainable luxury and design difference we offer,” adds Marois. “Additionally, Branthaven’s signature ‘Fresh Thinking’ delivers the little details that really add up to a higher design standard at no extra cost.”

High Line’s Fresh Thinking kitchens boast contemporary

cabinets, extended uppers, deep drawers, modern linear backsplash, coordinated quartz countertops, single-lever faucet and wear resistant wide plank flooring ties it all together… everything’s considered for easy everyday cooking and elegant entertaining.

HIGHER QUALITY YOU CAN TRUST

Today’s smart homebuyers can buy with confidence when choosing Branthaven-built properties. With more than 50-plus years of building excellence, Branthaven is committed to selecting and building bespoke buildings to the highest standards. From solid concrete and steel construction, future-proofing geothermal heating and cooling, and BH Home Technology integrated smart home systems offering convenience and peace-of-mind, High Line Condos are a high performance and high value real estate investment you can’t afford to miss.

High Line boutique condos start from the low $600,000s. Visit the presentation centre and model suite at 5160 Ninth Line, Mississauga, or to register, visit branthaven.com.

Suites are bright, open concept layouts

Panoramic rooftop terrace

Sweeping views of the Churchill Meadows forest

HOW FLOORING CAN SET THE LOOK AND FEEL OF YOUR HOME

by LINDA MAZUR

The spring season is once again upon us, as many of us are feverishly exploring design magazines for inspiration and the latest trends to give us a direction for our next project or renovation. Not wanting to compromise, we aim to create a magazine-worthy look in our homes. When designing a space, many of

us look to fabrics and colours as our inspiration. But why not look down and get inspired by your floors instead?

Flooring is one important aspect of your home that should not be overlooked. Whether you notice or not, flooring can make a large impact to the overall aesthetic of your

space. When it comes to the more permanent finishes in your home, such as flooring, it is important to find materials, styles, and colours that suit your functional needs, while complementing your style.

For several years now, we have witnessed a huge expansion in flooring products, colours and

finishes. We are all familiar with traditional hardwood and engineered. Traditional hardwood, due primarily to the installation method, is not a customary option for condo living. Engineered wood, on the other hand, can be a great option for condo flooring. Much like natural hardwood, engineered wood floors add wonderful warmth and elegance to a space, but with the added benefit of being lighter in weight for condos.

The trend has moved away from the cooler, grey-toned wood to soft natural warm tones, rich walnuts and a resurgence this year of rich, deep colours such as espresso. While the lighter tones are a perfect neutral foundation that integrates well with anything from a more minimalist, organic style to traditional; these warm yet darker tones can create a sense of luxury, drama and sophistication.

Technology has expanded and now more than ever, the “faux” options of flooring look more and more like the real thing, and can also be a less costly option for your home. They are not only highly durable with waterproof options, but beautifully texturized to appear natural looking while being low maintenance.

Laminate, which has been around for quite awhile now, is a hard surface flooring that is manufactured using material such as medium- or highdensity fibreboard which forms the core. Luxury vinyl, on the other hand, is a soft surface flooring product that is flexible. It comes in a variety of installation options, providing not

only a great look but comfort, as well. Luxury vinyl is available in an abundance of fantastic options that have the look of wood, stone or other natural material.

Vinyl composite core, on the other hand, combines the best features of laminate and luxury vinyl. Boards are rigid planks that click together like laminate but are constructed from a water-resistant vinyl composite material that gives them the flexibility of vinyl flooring that can be installed anywhere – even bathrooms and laundry rooms. By using longer, wider boards for your flooring, irrelevant of the product type, you are not only creating a more contemporary feel that draws inspiration from European design, but it can also give the optical illusion of making your space appear larger; especially if you continue the same floor throughout your entire space. This is especially alluring in smaller spaces such as condos, so don’t be afraid to think big in your flooring selection.

While on the topic of “wood” floors, we should not forget parquet as an option. Parquet flooring is pretty much a mosaic of wood pieces combined to create a pattern.

The most common patterns for parquet are basketweave, diagonal and herringbone. Parquet flooring was trendy in the 1970s and 1980s, however, we have seen a resurgence in recent years. The modern version of parquet is a classic, luxurious, “Euro” look for flooring that is durable and affordable.

Flooring often does not get the attention it deserves, and though it may seem a bit unconventional to imagine that flooring could, in fact, be the root of the designs for your space, with today’s flooring options, it’s definitely possible. Your floors are a core part of your home, setting the stage for your design and decorating. Beautifully worn, 100-year-old floors tell a story of their previous life while still inspiring a vibe of eclecticism and current design trends. Herringbone floors feel elegant, sophisticated and well-curated. Warm toned, wideplank floors can create an inviting and cosy vibe, while the lighter blonde tones can convey a more contemporary feel.

Whatever style, texture and colour of flooring you have, it undoubtedly has inspired the look and feel of your home.

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

TIPS FOR DECK AND TERRACE DECOR 14

by LISA ROGERS

We Canadians love our outdoor space – decks, terraces, balconies, and if we’re lucky, backyards. And no wonder. Even though we had a relatively mild winter, we are literally dying to spend more time outside and watch the flowers and trees come alive. And we want to stay out there – listening to the birds, the burble of a water feature, watching the sun set, connecting with friends and family.

As the pace of life quickens and as our house sizes shrink, the outdoors is literally the last frontier – and the reason why we’re spending so much more on making the back yard, or deck or balcony a destination oasis.

Out with the white plastic chairs and plexiglass tables, in with the fire pits and heaters giving us a much longer outdoor season, deep-seated sectional sofas, teak

dining tables and chairs, carpets and strings of lights. Outdoor furniture manufacturers have been eager to meet our need to linger outside with a wider range of furniture, with longer lasting frames, fabrics that retain their shape and water resistance, and cushion foam that stays comfortable.

HERE’S WHAT YOU NEED TO KNOW:

1. Plan out your space according to how you intend to use the deck. If you are a big reader or sun tanner, but don’t like eating al fresco so much, then give over more space to living room type furnishings, and tuck a small dining table, maybe with leaves, off to the side and out of the way.

2. Carefully check out materials. There’s teak or treated pine, as well as metal mixed with wood, solid aluminum, stainless and wrought iron. Of these, teak and aluminum last the longest, and are probably the most expensive. Teak you need to baby a bit, while aluminum just wipes clean.

3. Consider modular furniture – pieces that fit together as a sectional or stand alone as chairs – for flexibility. You can change the seating arrangement to suit the occasion or your mood.

4. Decks aren’t just for daytime. Small white lights are magical when strung from house to tree. Add candles around the edges of your deck or terrace – flameless ones are safer. An ethanol fire pit not only creates mood, but keeps feet warm, and the best thing is they can be moved around.

5. Music really adds to the ambience, not so loud your guests can’t hear each other or that the neighbours will complain, but as background.

6. As for styles, the sky’s the limit, and they can reflect your dream destinations, or they can reflect the decor of your home. Fancy a week in the Hamptons? Check out sectionals in whitewashed and weathered greys – made from resin wicker – with East Coast fabrics like navy and white stripes (in water repellant fabrics). Prefer life in a Park Avenue brownstone? Then wrought iron with deep charcoal cushions set amidst a row of boxwoods might be better for you.

7. Don’t forget the floor – wood flooring tiles are easy to install, and create an immediate room setting, especially with the concrete of a condo balcony. Add an outdoor rug to pull it all together.

8. There’s nothing like dining al fresco, and if you’re the type who likes tons of people over, an expandable table might be the best choice. Classic wrought iron tables look great and last forever but are pricey. There’s always teak, but it’s pricey, too, so check out the budget-friendly teak alternatives which work equally well. If your deck is on the small side, go for stackable dining chairs.

9. Stow outdoor dining essentials – bright coloured table mats and napkins, covered lanterns or candle holders – near the back

door or in a waterproof storage bench. Make sure to keep throws handy to ward off the evening chill.

10. An umbrella will shade the table from the sun and rain; one on a tilt arm can be adjusted to follow the sun all day. The new pergolas do the same and more, especially when fitted with a retractable canopy system, or screen in against bugs.

11. For privacy, especially on a condo balcony, you can create a privacy “wall” by positioning a row of evergreens in matching containers along the edges of your deck. You can also erect lattice or bamboo screening, then add wall mounted planters and a water feature for an instant retreat.

12. Depending on the space you have, hammocks are well worthwhile for the down time they afford –snoozing or watching the stars. Add colourful pillows and a sea of planters for a cosy destination.

13. Containers are the way to go for gardening. They come in all shapes and sizes and materials (remember that resin is lighter and therefore easier to move around). Depending on the direction they face, condo balconies are ideal for herbs and tomatoes but they need a lot of water, so make sure you have proper drainage. Tropical plants love sun and add a festive air to your deck – you can also bring them in come fall. If you have less direct sunlight, fill tall tapered containers with ornamental grasses for a clean, modern, minimalist look.

14. Just like inside, the deck is made livelier with the addition of some artwork, such as wrought iron grills, architectural salvage, window frames (with or without mirrored glass).

Who needs a cottage when you have a space like this?

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

A LOOK AHEAD

by SARA DUCK

With many Canadians tightening their proverbial money belts this year, design trends are becoming less about actual purchases and more about inspiration. This year, there is an emphasis on sustainability, with repurposing gaining prominence, challenging the conventional notion of trend-driven consumption. This shift reflects a conscientious move toward enduring style, urging us to balance contemporary inspiration with making mindful choices that align with our tastes and values. “The key lies in finding that delicate balance between the allure of the latest trends and the enduring wisdom of timeless design principles,” says Diana Bastone, owner and principal designer of Diana Bastone Designs.

Here are five design movements to keep you inspired all year long.

Maximalist resurgence

After a period that saw the dominance of minimalist design, maximalism is making a comeback. Expect bold colours, eclectic patterns and a mix of textures, allowing for more expressive and personalized interiors. “This trend is not for everyone, as this look can feel cluttered to some. If you want to be part of this movement, try it in an enclosed space in your home,” says Bastone.

Velvet CUSHION COVER. $23. hm.com

Sustainable sophistication

The future of design is conscientious and sustainable. This isn’t merely a trend; it’s a movement. From recycled materials (think thrift store finds and vintage shops) and energyefficient lighting to furniture crafted with environmental mindfulness, sustainable chic is gaining momentum. Adorn your space with a clear conscience, knowing each element contributes to a greener, more sustainable future.

Mid-century MINI-DESK made from sustainably sourced, kiln-dried wood. $749. westelm.ca

Global fusion

“Global fusion decor is the appreciation of different cultures from all over the world and what they create,” says Bastone. In our increasingly interconnected world, globally inspired decor takes centre stage. Drawing inspiration from diverse societies worldwide, this design trend will likely continue making waves, as it celebrates diversity through a mix of textures, patterns and colours from various cultural influences.

Sicily ceramic PASTA BOWLS in blue. From $29. williams-sonoma.ca

Tech-integrated living

Biophilic oasis

Smart homes redefine themselves beyond mere functionality in 2024. Witness the seamless integration of technology into your decor. Imagine smart furniture adapting to your needs, and augmented reality design tools shaping your space. Welcome to a future where technology and design are in perfect harmony.

THE FRAME turns into an art screen when you are not watching TV! The Frame 75-in 4K smart TV by Samsung. $2,298. walamrt.ca

Amidst the hum of the digital age, the pull of natural elements grows stronger. The biophilic design trend invites us to infuse our spaces with nature’s essence. Envision indoor greenery breathing life into your living room, natural textures creating a tactile haven, and sustainable materials grounding your space. “It’s not only the purchase of the plants, but it’s also the act of caring for living plant life that can enrich your mental state,” says Bastone. Beyond aesthetics, this design philosophy fosters an environment where the indoors melds easily with the outdoors, creating an oasis of tranquillity.

Large glass VASE. $55. hm.com

Duo Brampton

developer: NATIONAL DEVELOPMENTS AND BRIXEN DEVELOPMENTS INC.

style: Highrise size: 26 storeys

features:

• 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 Out. New Release Now Selling.

Central Park North York

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

Branthaven Mississauga

developer: BRANTHAVEN

project name: Birch Condos & Towns at Lakeview Village

style: Highrise Condos and Towns

features: 298 Condos & 59 Towns

prices from: TBD

features:

• Part of Mississauga’s most anticipated master planned waterfront community, Lakeview Village.

• Waterfront trails, beaches, parks, schools and shops

• Fully furnished indoor and outdoor amenities designed by II BY IV DESIGN

• Rooftop terrace, fitness facility, dining/social lounge, media/games lounge and pet spa

• BH Home TechnologyTM , a Smart Home solution providing integrated building/home access and control system

• 1-3 bedroom condo units

• Located between Port Credit and Long Branch Go Stations

contact: Branthaven.com

location: Hydro Road, Mississauga

875 The Queensway Toronto

developer: EQUITON DEVELOPMENTS

style: Boutique, 11- Story, Midrise

size: 328 to 1,024 sq. ft.

prices from: From $400,000s

features: Conveniently located on The Queensway, minutes to everything. Steps away from shops, restaurants, schools, parks, Go Train and TTC. Easy 15-minute commute to downtown Toronto. Curated, Scandinavian-inspired amenities include: Rooftop Party Room, Private Dinning, Outdoor Yoga & Meditation Zone, Quiet Lounge Zone, Alfresco Dining & BBQ Area Outdoor Lounge Area with Fireplace, Fitness Centre, Nordik Wellness Room with Infrared Sauna & Cold-Water Immersion & Resting Area, Entertainment & Games Room, Connectivity Lounge, Kids Zone, Pet Spa, Pet Relief Area, Parcel Room and Luxurious Lobby

contact: equitondevelopments.com

location: 875 The Queensway, Toronto

FIND YOUR NEXT HOME

BRAMPTON

1. Bristol place 199 Main St, North, Brampton

2. Duo condos Malta ave & Steeles Ave

CALEDON

3. Mayfield Collection 2256 Mayfield Road. Mayfieldcollection.ca

ETOBICOKE

4. Curio Condos 801 The Queensway marlinspring.com

5. Humberwood Heights 50 Humberwood Blvd. tributecommunities.com

6. Arcadia District Bloor & Kipling arcadiadistrict.com

7. Kül Condos 875 The Queensway kulcondos.com

MARKHAM/ UNIONVILLE

8. Panda Markham 8200 Warden Ave. lifetimedevelopments.com

9. Gallery Towers at Downtown Markahm 162 Enterprise Blvd. downtownmarkham.ca

10. Highmount 4077 Hwy. 7 highmountbykingdom.com

MISSISSAUGA

11. Birch at Lakeview Village Lakeshore & Dixie Rd. branthaven.com

12. Artform Condos 86 Dundas St. E. emblemdevcorp.com

13. Exhale Condominiums Lakeshore Rd. East & Dixie Rd. exhalelakeshore.ca

NORTH YORK

14. Central Park Sheppard Ave. East & Leslie St. amexon.com

15. Yonge City Square 4050 Yonge St. yongecitysquare.com

PICKERING

16. Vupoint Kingston Rd. & Liverpool Rd. tributecommunities.com

OSHAWA

17. U.C. Tower 2425 Simcoe St N,Oshawa tributecommunities.com

TORONTO

18. 111 River St. Condos 111 River St. lifetimedevelopments.com

19. Lawrence Hill Urban Towns Don Mills & Lawrence lawrencehillurbantowns. com

20. 489 Wellington St. W. 489 Wellington St. W. lifetimedevelopments.com

21. 500 Dupont St. 500 Dupont St. lifetimedevelopments.com

22. Artistry Condos 292 Dundas St. W. tributeartistrycondos.ca

23. Panda Condos Yonge & Dundas. lifetimedevelopments.com

24. 36 Eglinton Ave. W. 36 Eglinton Ave. W. lifetimedevelopments.com

25. Linx Condominiums Danforth & Main tributecommunicties.com

26. Y&S Condos 2161 Yonge St. tributecommunities.com

27. 50 at Wellesley Station

50 Wellesley St. East pureplaza.com

28. No. 1 Yorkville 1 Yorkville Ave. pureplaza.com

29. Theatre District Residences Adelaide & Widmer pureplaza.com

30. Bijou on Bloor 2450 Bloor St. West pureplaza.com

31. The Briar on Avenue 368 Briar Hill Ave. pureplaza.com

32. One Seventy Spadina & Queen St. West pureplaza.com

33. King West & Charlotte King St. West & Charlotte pureplaza.com

34. Forest Hill Private Residences

2 Forest Hill Rd. foresthillresidences.com

35. Oscar Residences 500 Dupont St. W. at Bathurst oscarresidences.com

36. Kingside Residences Kingston Rd. & Danforth altreedevelopments.com

37. Allure Condominiums 250 King St. East emblemdevcorp.com

38. XO Condos King & Dufferin lifetimedevelopments.com

39. 225 Jarvis Street Condos Dundas St. East & Jarvis amexon.com

40. 101 Spadina Spadina & Adelaide 101spadina.com

41. The Residences of Central Park Sheppard Ave. East & Leslie centralparktoronto.com

42. The Dawes at Main Street Danforth & Main St. thedawes.com

43. Birchaus Birchcliffe Village on Kingston Road birchausresidences.com

44. Knotting Hill 4000 Eglington Ave. W knottinghillcondominiums. com

45. Park Avenue Place 1 & 2

Jane St. & Rutherford Rd. solmar.ca

VAUGHAN

FIND YOUR NEXT HOME

The latest properties in the Southwestern Ontario Area to keep your

BURLINGTON

1. Affinity Condos Plains Rd. E. & Filmandale Rd. rosehavenhomes.com

2. Millcroft Towns Appleby Line & Taywood Dr. branthavenmillcroft.com

3. North Shore North Shore Blvd. & Plains Rd. nationalhomes.com

FORT ERIE

4. Discoverie Condos Signature Communities discoveriecondos.ca

HAMILTON

5. 1 Jarvis 1 Jarvis 1jarvis.com

6. The Design District 41 Wilson Street emblemdevcorp.com

7. Corktown 225 John Street South corktown.condos

NIAGARA

REGION

8. Lusso Urban Towns Martindale Rd. & Grapeview Dr. lucchettahomes.com

OAKVILLE

9. The Greenwich Condos at Oakvillage Trafalgar Rd. & Dundas branthaven.com

10. Synergy McCraney St. E. & Sixth Line branthaven.com

11. Upper West Side at Oakvillage 351 Dundas St. E. upperwestsidecondos2.ca

12. Greenwich Condos at Oakvilage Trafalgar Rd. & Dundas St. branthaven.com

13. Villages of Oakpark Dundas & Trafalgar ballantryhomes.com

STONEY CREEK

14. Casa Di Torre 980 Queenston Rd. branthaven.com

15. On The Ridge Lormont Blvd. & Chaumont Drive liveontheridge.ca

FIND YOUR NEXT HOME

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:

RENOVATIONS CAN HELP HOMEOWNERS AGE IN PLACE

DAVE WILKES

Recent research indicates that given the choice, the majority of older Canadians would like to remain in their homes as they age. Planning ahead is crucial to ensuring you have the ability to age in place – in your own home and within your community. Is your home suited to doing so? There are many modifications, large and small, that you can make to your home so that it meets your changing needs as you age. Your best bet is to start by having a conversation with a renovator, who will be able to guide you. I encourage you to choose a RenoMark renovator. These renovation professionals are required to abide by the RenoMark Code of Conduct and provide a detailed written contract, offer a minimum of a one-year warranty on all work and carry all required licences and

permits, as well as a minimum of $2 million in liability insurance.

While the entire home needs to support aging in place, bathrooms and kitchens are common areas where homeowners can begin thinking about modifications. Popular upgrades in the bathroom include raising the toilet seat and installing grab bars. Smooth transitions between floor finishes and slipresistant flooring can help prevent falls. A curbless or wheel-in shower provides easier access and more independence, as does seating in the shower and a hand-held shower head on an adjustable rod.

When it comes to the kitchen, the layout may need to be modified to allow for free, clear access. Faucets and appliances should be easy to operate. For storage within easy reach, you could speak to your renovator about installing drawers and upper cabinets that lower with a slight pull on a handle. Consider a varying-height kitchen island or counter to provide both seated and standing working surfaces.

Financial assistance is available to offset the cost of upgrades and renovations that increase accessibility. The Home Accessibility Tax Credit (HATC) offered by the federal government can be used to offset costs. More information is available from the Canada Revenue Agency at canada.ca.

Have you decided to learn more about modifying your home to prepare to age in place? Find a RenoMark renovator near you by visiting renomark.ca.

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.