Greater Toronto’s COMPLETE CONDO GUIDE
Greater Toronto Area July 16–Aug. 13, 2022
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JULY 16–AUG. 13, 2022
CONTENTS COVER STORY
24 Bristol Place Condominiums SOLMAR BRINGS THE BEST OF LUXURY LIVING TO BRAMPTON
6 condolife magazine | July 16–Aug. 13, 2022
38 COLUMNS
20 Stat Chat Long-term price trend looks positive
27
Western View Why we should rethink minimum parking requirements
28
Realty Insider The steadfastness of Canadian homeowners
29 Legally Speaking Everything you need to know about buying a cottage, Part 2
40 New home communities 36 The Design District Hamilton’s new downtown landmark by Emblem Developments
38
8
34 Personal Finance What do rising rates and falling prices mean for prospective homebuyers?
42 Home Realty Time for a reality check when it comes to new home statistics
Long term and local
10
Contributors
12
Condo Life Online
13
In the Spotlight
22
58
66 Industry Report BILD Awards celebrate people and companies that shape the GTA
GTA new home market quiet in May; more news on pages 14, 15, 16, 17, 18 and 19
INTERIORS
Inside The GTA
44 Decor
30 In Conversation With...
40 Location, luxury and lifestyle Branthaven’s new townhome collections in Burlington and Brampton
Editor’s Note
Real Estate Pro Toronto continually ranked among top cities in the world
DEPARTMENTS
Edgewood Greens Live family-friendlier in the village of Dundalk at new Flato community
33
43 Cover 46 Big Style
Richard Lyall, Residential Construction Council of Ontario
48 Home Finds
Maps & Amenity Charts
50 Style Crush
65 Advertisers Index Want more information? Just ask — and you could win a prize
52
Trend Experts
54 Design File
nexthome.ca 7
EDITOR’S NOTE
LONG TERM AND LOCAL
WAYNE KARL EDITOR-IN-CHIEF Condo Life Magazine
EMAIL: wayne.karl@nexthome.ca TWITTER: @WayneKarl
+ get social 8
condolife magazine | July 16–Aug. 13, 2022
If there’s one rule of thumb in real estate that you’re likely familiar with, it’s location, location, location. But during these more challenging times, it’s important to add a 1a, and maybe even a 1b – long term, and local. There is no shortage of superficial headlines and clickbait-oriented content predicting impending doom, bottoming out and real estate bubbles. It’s true, as a number of stories in this issue discuss, there are clearly some short-term challenges – namely, declining sales and even prices, juxtaposed with rising interest rates, inflation and other economic challenges. That’s why it’s paramount during times of any uncertainty to view housing over the long term. Historically, there aren’t many investment classes that outperform real estate over a period of, say, five to seven years. Take, for example, the latest from the Toronto Regional Real Estate Board (TRREB). “Home sales have been impacted by both the affordability challenge presented by mortgage rate hikes, and the psychological effect wherein homebuyers who can afford higher borrowing costs have put their decision on hold to see where home prices end up,” says TRREB President Kevin Crigger. “Expect current market conditions to remain in place during the slower summer months. Once home prices stabilize, some buyers will reenter the market despite higher borrowing costs.” While TRREB focuses mostly on the resale market, this is a pretty succinct and accurate summary of current overall conditions. Consumers tend to react when they hear news of declining sales and prices, but it’s important to keep things in perspective. The average resale price for a detached home in May 2022, for example, was $1.54 million, up 9.5 per cent from the previous May. For semi-detached, the corresponding numbers were $1.2 million (13.2); for townhomes $977,194 (12.7); and for condos $770,894 (12.9 per cent). Those year-over-year price growth stats are extremely healthy, even if slowing. For June 2022, the year-over-year percentage growth rates, respectively, did “slow,” to 3.5, 6.4, 8.6 – and, notably, for condos, still the highest growth rate of all – 9.3 per cent. If this “slowing” growth is concerning, you might want to look at the performance of other investments over this period. The other key point is that real estate is local – hyper local, in fact. It’s easy to interpret headlines assessing the “Canadian housing market” (of which there really is no such thing) as negatively widespread. But what’s most important to you is what’s happening in your market. When you buy a home or condo, you don’t buy a national market. You buy one property, on one street, in one neighbourhood, in one city and region. Forget the national headlines. Examine what’s happening in your market and economy. And on those scores – looking long term and local – Ontario, the GTA and Toronto are all well-positioned.
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CONTRIBUTORS PERSONAL FINANCE | JESSE ABRAMS Jesse Abrams is Co-Founder at Homewise, a mortgage advisory and brokerage firm based in Toronto. thinkhomewise.com
CHIEF REVENUE OFFICER
Jacky Hill jacky.hill@nexthome.ca EXECUTIVE MEDIA CONSULTANT
Michael Rosset
WESTERN VIEW | MIKE COLLINS-WILLIAMS Mike Collins-Williams, RPP, MCIP, is CEO West End Home Builders’ Association. westendhba.ca.
EDITOR-IN-CHIEF – NATIONAL REAL ESTATE
Susan Legge susan.legge@nexthome.ca
EDITOR-IN-CHIEF – GREATER TORONTO AREA
Wayne Karl wayne.karl@nexthome.ca MANAGING EDITOR
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
MICHAEL KLASSEN | REALTY INSIDER Michael Klassen is the Broker of Record, Eleven Eleven Real Estate Services. Based in Toronto, this firm is a residential pre-construction listing brokerage. 1111realty.ca
Rise Levy rise.levy@nexthome.ca CONTRIBUTORS
Jesse Abrams, Mike Collins-Williams, Debbie Cosic, Sara Duck, Lisa Hay, Bilha Kangethe, Michael Klassen, Barbara Lawlor, Linda Mazur, Ben Myers, Lisa Rogers, Jayson Schwarz, Dave Wilkes 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
REAL ESTATE PRO | BARBARA LAWLOR Barbara Lawlor is President and CEO of Baker Real Estate Inc., and an in-demand columnist and speaker. A member of the Baker team since 1993, Barbara oversees the marketing and sale of condo developments in Canada and overseas. baker-re.com
Amanda Bell 416.830.2911, amanda.bell@nexthome.ca VICE-PRESIDENT, MARKETING – GTA
Leanne Speers
SENIOR CLIENT RELATIONS SPECIALIST – GTA
Sonia Presotto
MANAGER CUSTOMER SALES/SERVICE
DECOR | LINDA MAZUR
Marilyn Watling
Linda Mazur is an award-winning designer and Principal of Linda Mazur Design Group. With almost two decades of experience this in demand multi-disciplinary design firm is known for creating relaxed, stylish spaces and full-scale design builds throughout the GTA and Canada. lindamazurdesign.com @LindaMazurGroup
SALES & MARKETING CO-ORDINATORS
STAT CHAT | BEN MYERS Ben Myers is President of Bullpen Consulting. Ben provides pricing recommendation, product mix, and valuation studies on new residential housing developments for builders, lenders and property owners. bullpenconsulting.ca
BIG STYLE | LISA ROGERS Lisa Rogers is Executive Vice-President of Design for Dunpar Homes. Lisa has shared her style and design expertise on popular television programs such as Canadian Living TV, House & Home TV and The Shopping Channel. Lisa is also a regular guest expert on CityTV’s Cityline. dunparhomes.com.
LEGALLY SPEAKING | JAYSON SCHWARZ Jayson Schwarz LLM is a Toronto real estate lawyer and partner in the law firm Schwarz Law Partners 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
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condolife magazine | July 16–Aug. 13, 2022
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Josh Rosset DISTRIBUTION
distributionteam@nexthome.ca ACCOUNTING INQUIRIES
accountingteam@nexthome.ca DIRECTOR OF PRINT MEDIA
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NEW CONDOMINIUM
Marlin Spring transforms Danforth Village with The Dawes on Danforth Marlin Spring is setting the bar with a modern residential opportunity – East of Main at The Dawes Condominium, in Danforth Village.
Q&A
In Conversation With... Shaun Levy, Flato Developments If you’re looking for a new-home builder known for developing complete communities, not just building homes, and a company that gives back to the community, you can’t do much better than Flato Developments Inc.
ANALYSIS
Now that the election is over, it’s time to get to work Now that the election is over, it’s time for the province to take action on land supply, government charges on housing and development approvals.
PERSONAL FINANCE
Why rising interest rates don’t have to keep first-time buyers from purchasing a home At first glance, rising interest rates might seem like nothing but bad news for first-time homebuyers. As our mortgage expert Jesse Abrams explains, that isn’t necessarily the case.
NEW RELEASE
Sell-out at Highland Commons leads Altree Developments to release new collection Leading from a successful initial launch in 2021, Altree Developments has released Building B at Highland Commons at the established eastern edge of Toronto. Visit
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IN THE SPOTLIGHT
GTA NEW HOME MARKET QUIET IN MAY
The GTA new home market continued to slow in May, the Building Industry and Land Development Association (BILD) reports. Total May new home sales of 2,549 units were down 40 per cent from May 2021 and 26 per cent below the 10-year average, according to Altus Group, BILD’s official source for new home market intelligence. Sales of new condominium apartments, including units in low-, medium- and highrise buildings,
stacked townhouses and loft units, with 2,058 units sold, were down 31 per cent from May 2021, and 10 per cent below the 10-year average. Single-family homes, including detached, linked and semi-detached houses and townhouses (excluding stacked townhouses), accounted for 491 units sold, down 62 per cent from last May, and 58 per cent below the 10-year average. “While short term macro-economic trends point to an easing of housing
MAY NEW HOME SALES BY MUNICIPALITY Highrise
Lowrise
demand in the coming months, failure to plan to ensure a consistent pipeline of new housing of all types will result in a future resurgence of the tight market conditions of the last few years,” says Dave Wilkes, BILD president and CEO. “This was the pattern following the 2017 market correction and the introduction of the mortgage stress test. Given present projected population growth, it is prudent for governments and industry to use this time to collectively plan for another period of renewed demand.” “GTA new homes sales eased in May as consumers deal with rising mortgage rates and growing economic concerns,” says Edward Jegg, research manager at Altus Analytics, Altus Group. “Inventory levels are moving higher, but benchmark prices are showing resiliency.” The benchmark price for new condominium apartments in May was $1.17 million, up 10.5 per cent over the last 12 months, while new singlefamily homes rose 31.5 per cent to $1.81 million. Total new home remaining inventory increased compared to the previous month, to 10,004 units, comprised of 8,050 condominium apartment units and 1,954 singlefamily lots.
Total
Region
2022
2021
2020
2022
2021
2020
2022
2021
2020
Durham
20
484
53
158
397
131
178
881
184
Halton
178
111
5
88
131
83
266
242
88
Peel
916
276
56
108
472
109
1,024
748
165
Toronto
764
1,606
229
2
15
9
766
1,621
238
York
180
525
66
135
266
142
315
791
208
GTA
2,058
3,002
409
2,549
4,283
883
4,607
7,285
1,292
SOURCE: ALTUS GROUP
nexthome.ca 13
IN THE SPOTLIGHT
CURRENT MARKET CONDITIONS TO REMAIN OVER SUMMER: TRREB
Current somewhat challenging GTA resale market conditions are expected to remain through the summer, according to the Toronto Regional Real Estate Association (TRREB). Higher borrowing costs continued to impact home sales in June 2022. Sales totalled 6,474 – down by 41 per cent compared to last year’s strong result. The number of transactions was also down compared to May 2022, but this is often the case due to the seasonal nature of the market. The average selling price, at $1.14 million, remained 5.3 per cent above the June 2021 level, but continued
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to trend lower on a monthly basis. The MLS Home Price Index Composite benchmark was up by 17.9 per cent year-over-year, but also experienced a month-over-month dip compared to May. Annual price growth was driven more so by less expensive market segments, including townhouses and condominium units. “Home sales have been impacted, by both the affordability challenge presented by mortgage rate hikes and the psychological effect wherein homebuyers who can afford higher borrowing costs have put their decision on hold to see where home prices end up,” says TRREB President Kevin Crigger. “Expect current market conditions to remain in place during the slower
summer months. Once home prices stabilize, some buyers will re-enter the market despite higher borrowing costs.” While the number of transactions was down year-over-year, the number of new listings was little changed over the same period. This has provided for more balance in the market, resulting in a more moderate annual pace of price growth. “Listings will be an important indicator to watch over the next few months. With the unemployment rate low, the majority of households aren’t in a position where they need to sell their home,” adds TRREB Chief Market Analyst Jason Mercer. “If would-be sellers decide to take a wait-and-see attitude over the next few months, it’s possible that active listings could trend lower as well. This could cause market conditions to tighten somewhat, providing some support for home prices.” “Our region continues to grow because we attract people and businesses from all around the world,” says TRREB CEO John DiMichele. “All of these people will require a place to live, whether they choose to buy or rent. Despite the shorter-term impact of higher borrowing costs, housing demand will remain strong over the longterm, as long as we can produce homes within which people can live. Policymakers at all levels need to make this their key goal.”
GTA RESALE AVERAGE PRICES, JUNE 2022 (YR/YR % CHANGE) 416
905
Total
Detached
$1.73M (2.4)
$1.36M (2.4)
$1.45M (3.5)
Semi-detached
$1.34M (5.9)
$987,009 (7.8)
$1.12M (6.24)
Townhome
$1.02M (9.1)
$906,311 (8.3)
$933,056 (8.6)
$771,267 (7.4)
$692,598 (13.2)
$747,216 (9.3)
Condo
SOURCE: TRREB
14
condolife magazine | July 16–Aug. 13, 2022
IN THE SPOTLIGHT
AMEXON BREAKS NEW SUSTAINABILITY GROUND AT THE RESIDENCES AT CENTRAL PARK Taking the concept of sustainability to a new level, Amexon Development Corp. has launched Central Park, a masterplanned, mixed-use condominium community in Toronto’s Bayview village neighbourhood. Central Park will be constructed to Amexon’s unique Green Development Standard, incorporating industryleading Green features. It is the first large-scale project of its kind in Canada to include EV charging stations in its more than 1,500 parking areas. As a member of the Green Building Council, Amexon develops innovative Green solutions that conserve natural resources, respect the environment and support viable, healthy communities – now, and in the future. With environmental, social and economic sustainability in mind, Amexon’s Green Development Standard incorporates environmentally responsible design and building practices, reduces environmental impact and fosters a clean and energy-efficient lifestyle. “We believe that reducing the carbon footprint in all our residential and commercial communities is the right thing to do,” says Jason Shiff, Amexon’s executive sales manager. “In our buildings, we strive to incorporate industry-leading sustainable Green features and initiatives, such as Green roofs, rooftop solar panels, high-performance thermal building envelopes, next-generation mechanical systems, low waterand electrical-use systems and appliances. Central Park is testimony to that commitment.” The 12-acre community, adjacent to the East Don Parkland’s forested ravine and close to numerous urban conveniences, offers the opportunity to live, work and play in a prime Toronto location. The Leslie subway station and the relocated Oriole GO station are situated within Central
Park. In addition to immediate access to public transit, this location is close to Hwy. 401 and the Don Valley Parkway. Bayview Village Shopping Centre is nearby, with shops and services ranging from restaurants to lifestyle and wellness. According to Shiff, “This upscale community will be a tranquil oasis in bustling urban surroundings. Outdoor lovers can immerse themselves in nature year-round. The adjacent ravine is part of the Don River Valley parklands, where a network of walking and cycling trails leads all the way downtown. The environmental features are the icing on the lifestyle cake at Central Park.” Community amenities include retail space, restaurants and services, including onsite daycare. At the heart of the property, Central Park Common is a landscaped, three-acre urban park with bike paths, casual dining venues, fountains, reflecting pools and year-round programming that will include a farmers’ market and an ice-skating rink. The exterior for the residential condominium features facades with an organic leaflike design. Among the architectural highlights are six-ft.deep balconies and views through floor-to-ceiling windows. “We wanted to break away from the conventional, to express a harmonious coexistence between sparkling glass and nature,” says Deni Poletti of CORE Architect, designer of the exterior. “It was important to be respectful of the development’s natural setting above the East Don Parkland.” The design incorporates a portcochere entry with a fountain, and landscaping by Cosburn Nauboris Landscape Architects. Interiors are by II BY IV DESIGN. “We were really inspired to create something new and fresh,” says Dan Menchions. “We want these spaces to evoke the allure and comfort of
nature, with detailed features and finishes that unite a love of the outdoors and creative living.” Central Park’s residents will have the use of 55,000 sq. ft. of fitness, wellness, leisure, and social amenity space in The Park Club. It will also include a 5,000-sq.-ft. co-working space with smart technology, meeting rooms, hot desks and a business centre. The community will eventually comprise more than 1,500 suites in one- to three-bedroom plus den layouts, in sizes from 439 to 1,200 sq. ft. Features and finishes include nineft.-high European-inspired kitchen cabinetry by II BY IV DESIGN. Prices begin from the $700,000s. centralparktoronto.com
nexthome.ca 15
IN THE SPOTLIGHT
TRIDEL PARTNERS WITH EDDY SMART HOME SOLUTIONS FOR WATER CONTROL AT THE WELL Toronto condo developer Tridel has entered into an agreement with Eddy Smart Home Solutions Ltd. for extensive protection at Tridel’s the Well Toronto Condos and Residences. Eddy’s system will be featured in Tridel’s landmark threebuilding development that combines condominiums, retail and office space, across more than 750 units. Over the years, Eddy and Tridel have worked hand in hand to test and define the most important applications for their developments, which has become a new standard of protection for Tridel projects. “Creating diverse living and working community spaces is central to our
vision, and the protection of our projects is paramount,” says Bruno Giancola, senior vice-president, project management, Tridel. “Working with Eddy on water security is not only critical to protect our project, but also meets our focus on innovation and sustainability, while providing residents and operators peace of mind and protection for years to come.” “Tridel’s leadership in the Toronto community is evident in so many areas, particularly in innovation,” adds Travis Allan, CEO and president of Eddy. “It’s a pleasure to work with them on their new and future projects, to provide the tools to protect and control water usage,
ensuring that residents and assets are secure against the risk of water.” Eddy’s system protects the project with a comprehensive system of real-time monitoring, smart sensors and remote and automatic shutoffs that identify and action issues from the construction phase when the water is first initiated and extended to all functioning areas of the finalized building post-occupancy, including the risers, hydronics, in-suite and common areas. The system will be installed in Well C, D, and E in Tridel’s project, and all ongoing projects in the GTA. tridel.com
CONSTRUCTION BEGINS AT VAUGHAN’S VINCENT CONDOMINIUMS Ground has been broken for Vincent Condominiums, a 766-unit, twotower condominium, following an eight-month selling program. Vincent is among the largest condominium projects underway in the GTA. This makes the extremely fast market absorption notable, and a vote of confidence in the building, the developers and its location in the new Vaughan Metropolitan Centre. “I am pleased to welcome Vincent Condominiums to the Vaughan
52pick-up.com
16 condolife magazine | July 16–Aug. 13, 2022
Metropolitan Centre (VMC), the city’s dynamic downtown core,” says Vaughan Mayor Maurizio Bevilacqua. “The VMC continues to rise to new and unprecedented heights, growing well beyond projected growth rates, at 267 per cent. The heart of Vaughan’s downtown is home to several transformational projects, including the VMC Subway, highrise towers, and commercial office buildings, which have created thousands of jobs, public art projects and community event spaces. “As a result, Vaughan is outpacing national, provincial and regional growth rates, with real GDP growth at seven per cent. Since 2010, the city has issued more than $15 billion in building permits and 70,000 additional jobs have been created. I want to congratulate the development team of Rosehaven Homes, Townwood Homes and Guglietti Brothers Investments, and express my sincerest gratitude for their meaningful city-building contributions. By making investments, creating jobs and giving back to the
community, you are making a positive difference and demonstrating the spirit of generosity that radiates in Vaughan.” Created by a development team comprising Rosehaven Homes, Townwood Homes and Guglietti Brothers Investments, each of these companies is owned by members of the extended Guglietti family, a group with a long history of building and development in Vaughan, and across the GTA. With Vincent, the project’s name, and the vision behind it, was more than business. Vincent is an expression of their family history. Located near Jane Street and Hwy. 7, VMC is a new financial, innovation and cultural centre. Major corporations, retailers, small businesses and other industries are located in the VMC, as it is a major transit hub with direct subway connections to York University and downtown Toronto as well as VIVANEXT and local bus routes across Vaughan and Richmond Hill. thevincent.ca
IN THE SPOTLIGHT
2022 BILD AWARDS CELEBRATE HOMEBUILDING EXCELLENCE IN THE GTA Angelo DelZotto Fearless Innovator Award National Homes Riley Brethour Leadership Award Julie Di Lorenzo, Diamante Urban Corp.
Home Builder of the Year, Mid/Highrise, Tridel
The Building Industry and Land Development Association (BILD) recently recognized excellence in the design, construction, marketing and sales of new homes in the GTA at its 2022 BILD Awards. BILD presented 48 awards in the categories of marketing, architecture, people and sales, and in the prestigious Pinnacle category. A group of 48 expert judges from across North America and Europe determined the winners from 900 submitted entries. “The BILD Awards is one of the largest and most prestigious awards programs of its kind in North America,” says Dave Wilkes, BILD president and CEO. “The impressive individuals and dynamic companies honoured with BILD awards are justifiably proud of this recognition of their achievements amongst their peers and the public.” Stephen Diamond, CEO of DiamondCorp, received the Lifetime Achievement Award. It is the highest honour BILD can award to a member, recognizing those who have dedicated a lifetime to the association and the industry and demonstrated significant leadership and commitment to the greater good. Tridel was named Home Builder of the Year, Mid/Highrise, while Brookfield Residential received the title of Home Builder of the Year, Lowrise. The category recognizes builders who set the standard for the rest of the industry through their
professionalism and dedication to excellence. A key component of the judging process is a customer satisfaction survey, which ensures that the end-user’s experience is factored into the award criteria. Tridel also took home the title of Green Builder of the Year, Mid/ Highrise, the 11th time since 2010 that the company has earned a Green Builder of the Year Award. The award for Project of the Year, Mid/Highrise, went to Menkes Developments for the Grand Festival project in Vaughan, while the award for Project of the Year, Lowrise, went to Bloom in Seaton, a townhouse development in Pickering by Mattamy Homes. Bloom in Seaton also received the People’s Choice Award, which is voted on by the public. For a full list of BILD Awards winners, visit bildawards.com.
Ignat Kaneff Inspiration Award Debbie Cosic, In2ition Realty Stephen Dupuis CSR Award Greenwin Corp. Best Brochure, Mid/Highrise Emblem Developments Inc. – Arte – The Brand Factory Best Amenity Rendering, Mid/Highrise Mattamy Homes – ClockWork Best Advertising Campaign, Paid Media (Pinnacle) ELAD Canada Realty Inc. – Galleria on The Park, Air – The Brand Factory Best Suite Design Mattamy Homes – Martha James, M2A – Graziani + Corazza Architects Best Semi/Townhouse Design StateView Homes – BEA Towns, The Livingston Best Innovative House Design StateView Homes – BEA Towns, The Livingston
Home Builder of the Year, Mid/Highrise Tridel Green Builder of the Year, Mid/Highrise Tridel Project of the Year, Mid/Highrise Menkes Developments Ltd. – Grand Festival – Cornerstone Marketing Realty Inc., Cecconi Simone Inc., IBI Group, The Brand Factory People’s Choice Award Mattamy Homes – Bloom in Seaton – Q4 Architects Inc., The Turn Lab
Jacky Hill, far right, Chief Revenue Officer of NextHome, presents the People’s Choice Award to Mattamy Homes for Bloom in Seaton, with Q4 Architects Inc., and The Turn Lab
nexthome.ca 17
News | Builder BaseBall
Duane Ward (front centre), Builder Baseball founder Michael Rosset (back row, far right), and diamond commissioners Roy Cook, Don Bince, Gary Latchford, Leo Hynes and Bob Conkie.
BUILDER BASEBALL RETURNS FOR SEVENTH ANNUAL EVENT After a two-year hiatus due to the pandemic, Builder Baseball returned in June for the seventh annual event, organized by the Building Industry and Land Development Association (BILD), and NextHome’s Michael Rosset, executive media consultant, and Josh Rosset, business development manager. Sponsored by NextHome and Enbridge, the tournament featured 18 teams from the new home industry, with all-day
EnerCare, champions
18 condolife magazine | July 16–Aug. 13, 2022
food and refreshments, and a celebrity guest – all-time great, Blue Jays pitcher Duane Ward. In the end, EnerCare beat out Tribute Communities for their first championship. Registration for the eighth annual Builder Baseball, scheduled for June 2023, will open on Feb. 1, 2023. bildgta.ca
Tribute Communities, finalists
Altus Group
Bell Canada
Brookfield Residential
DiamondCorp
Enbridge
Geoscape Contracting
Lindvest Properties
MNP
Martino Contractors
Minto Communities
Opus Homes
Plus Group
Primont Homes
RBC Royal Bank
Raywal
Sorbara
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ADVICE | STAT CHAT
NEW HOME SUPPLY REMAINS CHALLENGED,
BUT LONG-TERM PRICE TREND IS POSITIVE BEN MYERS
Housing has been a hot button issue in Toronto for a very long time, and no one seems to be able to agree on the right way to go about fixing it. One of the most common solutions is to add as much new supply as possible, but with rising interest rates and inflation both impacting the creation of new housing, there is a high likelihood that the supply situation will get even worse moving forward. According to the President of Capital Developments, Carlo Timpano, on the Toronto Under Construction podcast, there are three things that are playing a role in the current production of new housing supply in Toronto: “High demand for labour and trades in Toronto, general trade inflation/supply chain issues (especially in wood), and capacity was cut.” In addition to the huge increases in construction costs, development charges that the City of Toronto requires that developer’s pay are set to increase by 49 per cent. These fees and cost inflation gets passed on to the end-user, with higher condo prices and higher rents. “These factors are calling into question the types of projects developers are taking on,” Timpano says, adding that unzoned land is becoming more appealing for developers, as there is too much near-term risk. Ultimately, developers buying fully approved “shovel ready” sites will be less common, and supply will not grow as fast as would have
20 condolife magazine | July 16–Aug. 13, 2022
been expected with the 2021 and early 2022 spike in buyer demand. Timpano is also critical of how the City of Toronto is approaching the housing issue. “The City of Toronto is placing all the needs to expand capacity, and deal with infrastructure challenges on new-home owners, instead of raising property taxes to spread the burden of city building to all of the people who benefit from the city.” The common refrain that growth should pay for growth, is not a stance that a welcoming and inclusive city should take – everyone should participate in the expansion. According to Timpano, the current policy approach taken by the government will likely result in a supply squeeze, which will further increase housing prices in the future, regardless of interest rates. Timpano says there needs to be a shift in developers’ messaging, or rather, the understanding of people within communities around the benefits of new housing. People often believe that developers are going to come in to “fundamentally change their communities,” when really, developers are putting up towers to house people, support the community, keep extended families close to one another, and to create jobs. In many cities, land transfer taxes, development charges and the incremental increases in property taxes due to new development make up a significant portion of the municipal budgets. Creating communities and community infrastructure for residents to live, which in turn will attract more immigration and economic activity and growth, is
critical for Toronto to ascend to the next level, Timpano concludes. We continue to blame investors, central banks, foreigners, money laundering, unscrupulous mortgage brokers and greedy developers for our unaffordable housing in Toronto. In reality, however, our municipal government likely has more to do with the cost of housing than all of those factors combined. Trade labour shortages and international supply-chain issues may be outside the purview of the City of Toronto, but continuing to add costs to a developer’s proforma in terms of fees and delayed approvals, while making it exceedingly difficult to find a property where the numbers “pencil-out” and generate enough of a risk-adjusted return for developers due to onerous planning requirements, is having disastrous results. If you’re worried about buying and seeing prices lower in five years, I wouldn’t bet on that occurring. Our politicians have no interest in seeing house prices decline, and almost everything they are doing will lead to even higher prices in the long-run. 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.
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#InsidetheGTA by SUSAN LEGGE
GTA
CANDEREL MARKS START OF CONSTRUCTION FOR LATEST MIDRISE
Left to right: Joshua Berger, vice-president, investments and development, Canderel; Ben Rogowski, chief operating officer, Canderel; Shelley Carroll, councillor, Don Valley North; Richard Diamond, senior vice-president, Canderel; Riz Dhanji, president and founder, RAD Marketing. canderelresidential.com
CANDEREL recently broke ground at 625 Sheppard, a new midrise in the heart of the Bayview Village neighbourhood. The 10-storey boutique building is the latest in a series of community-driven midrise developments to start construction for Canderel. The building is 98 per cent sold, with 75 per cent of sales occurring in the first two weeks.
Lifetime Developments to refurbish basketball courts across Toronto Lifetime Developments and adidas Canada launched Homecourt Advantage, a new revitalization project that will refurbish community basketball courts, including the creation of public art, across Toronto. Lifetime Developments, a city builder and community leader with more than four decades of 22 condolife magazine | July 16–Aug. 13, 2022
experience in Toronto, and the global performance brand adidas Canada, will kick off Homecourt Advantage’s inaugural year with the renovation and infusion of art into two beloved courts – Stanley Park and Oak Street Park. Bryan Espiritu, a Toronto-born painter, product designer and
graphic artist, will be focused on Stanley Park, at 890 King St. W., near Liberty Village, and Blake Angeconeb, an Anishinaabe woodlands artist who hails from Treaty 3 territory, will be working on Oak Street Park, which is located at 165 River St. in Cabbagetown. Construction will start this summer. homecourtadv.com
Co-working spaces at Bridge House come naturally Truong Ly of Truong Ly Design chose a garden-inspired coworking space rather than a more traditional architectural expression when designing Bridge House, the latest building in the muchanticipated multi-phase, multibuilding community of Brightwater in Mississauga. As Truong Ly Design’s largestever design undertaking, Ly wanted to emphasize light, airy and natural aesthetics with a serene and coastal vibe with Bridge House. The result
is a luminous effect which is carried across the glass, bridges to the amenity deck where residents will enter a floating garden in the stunning co-working space. Bridge House is part of the 72acre master-planned Brightwater community in Port Credit. The project team is a consortium of four developers, including Kilmer Group, DiamondCorp, Dream Unlimited, and FRAM + Slokker. The community officially started construction last fall. experiencebrightwater.ca
Menkes announces its latest project –Elektra Rising in the heart of the city near the intersection of Jarvis Street and Dundas Street East, Elektra, a new condominium by Menkes, is taking registrations now. The new community is located near shopping, transit, dining and is within walking distances of many of Toronto’s top entertainment venues, as well as Toronto Metropolitan University. Two future facilities – the 45-storey TMU Health Science Complex and the 60,000-sq.-ft. Centre for Urban Innovation – will also be nearby, as will the upcoming Ontario Subway Line. menkes.com
Canderel launches Forest Hill’s largest mixed-use community Canderel’s just-announced Forêt project will open up a historically vacant corner next to St. Clair West Subway Station. With three residential towers, retail amenities and a new city park planned, this will be the largest ever mixed-used community in Forest Hill, revitalizing the area while being well
connected to the TTC’s St. Clair West subway and streetcar. Tall and slender, with a lightcoloured podium and accenting bronze panels, Forêt’s towers marry modernism with traditional luxury, while also providing a sophisticated backdrop for the public amenity spaces. liveatforet.ca
Images: Norm Li nexthome.ca 23
Cover Story
24
condolife magazine | July 16–Aug. 13, 2022
BRISTOL PLACE CONDOMINIUMS LUXURY REACHES NEW HEIGHTS in BRAMPTOn Solmar Developments, known in the GTA for such outstanding highrise communities as Edge Towers and Oro in Mississauga and Park Avenue in Vaughan, proudly presents a stunning new luxury condominium – Bristol Place, in Brampton. This master-planned, mixed-use, highrise development will be the most exciting new luxury address in the downtown area. Known as the Flower City, Brampton already boasts spectacular nature, bustling commerce, top quality education, and a fabulous quality of life. Bristol Place will take luxury living to even greater heights. Bristol Place will rise majestically above the intersection of Main Street and Market Street in the heart of the downtown core. Award-winning Graziani and Corazza Architects have envisioned a sleek and contemporary
design for the two towers, with bold clean lines and a striking profile. A magnificent podium located at each tower allow residents to enjoy the views of a lively neighbourhood teeming with parks, shops, cafes, transit and more. SophiSticated Suite deSignS
Bristol Place will offer a wide selection of suite designs and floorplans, from one-bedroom and one-bedroom plus den to two-bedrooms and a limited collection of three-bedroom penthouses. With a choice of stunning colour palettes, every suite will offer smart, space-saving layouts, bright and airy living areas, sleek modern chef kitchens, comfortable bedrooms, and spa-like ensuites. Many suites come with a spacious balcony or terrace with panoramic city views to enjoy.
Upscale standard features include plank laminate flooring in living areas, ceramic tiles in kitchen and bathrooms, fine-crafted cabinetry, stone counters, sleek tubs or showers in the bathrooms, and more. A wide selection of upgrades is available, along with professional decor advice, to help you create the dream home you have always wanted for your family. Solmar SmartSuite – Smart living made eaSy
Bristol Place will offer residents the ultimate in smart living with the Solmar SmartSuite, which provides a world of connectivity features, from instant smart key access to convenient package delivery updates – all controlled with one easy-touse app. Unlock doors, verify guests, book amenities and more – all from your phone.
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From facial recognition to package notifications to maintenance requests, enjoy having all your home management features in one place with the Solmar SmartSuite Resident App. inSpiring lifeStyle amenitieS
Bristol Place will be elegant in design and offer convenience throughout. It will have a 24-hour concierge, lounge-style seating, high speed Wi-Fi and more. A combination of indoor and outdoor spaces, the lifestyle amenities include a state-of-the-art fitness centre with yoga studio, an elegantly appointed party room, an indoor lounge, a media and games room, and a spectacular landscaped rooftop terrace with barbecue stations and seating for social gatherings. In addition, the two buildings will share a professionally landscaped courtyard garden with manicured walkways and spaces for kids to play and residents to bond with neighbours. A variety of retail at street level offers the ultimate convenience of shopping right at home. StepS to the innovation diStrict
Just steps from home, you have the world-class Innovation District –
26 condolife magazine | July 16–Aug. 13, 2022
Brampton’s great leap ahead to an exciting new future. The Innovation District will be a hub for the TorontoBrampton-Waterloo Innovation Corridor, with high-tech businesses, entrepreneurs and start-ups. This new hub will have a central library, flex office spaces and direct transit access. Canadian telecom giant Rogers recently announced plans to build a brand new $100 million head office campus here. It will bring hundreds of new jobs and business opportunities to this already fast-growing district. a connected and vibrant neighbourhood
With a high transit and walk score, the prime downtown location means that residents have a ton of great amenities within walking distance. Brampton GO station is just a short two-minute walk from home. For commuters, ZUM Transit offers frequent services, while drivers will appreciate the proximity to Hwys. 401 and 410. The future Hurontario LRT will further expand transit options. Shopping and dining choices abound in the neighbourhood. Head over to Bramalea City Centre or Shoppers World or Brampton Corners for great
shopping. Enjoy a wide range of cuisines from local to international at a fantastic array of restaurants, cafes, pubs, bars, bistros, bakeries and coffee shops that are within easy walking or driving distance. Brampton offers 4,000 acres of open space, with 90 km of trails and 400 parks where you can enjoy scenic nature, hiking, biking, camping and so much more. Walk from home to nearby Rosalie Park or drive for just five minutes to access a number of parks and trails, including Brampton’s famous Gage Park, Bovaird Trail and Chinguacousy Trail. Enjoying the great outdoors is easy when you live at Bristol Place. This community is close to the state-of-the-art Peel Memorial Centre Hospital. Great public and private schools are nearby, and for postsecondary education, you have the renowned Sheridan College, and Algoma University close to home. University of Toronto is easily accessible by GO Transit. Bristol Place is coming soon to 199 Main St. in Brampton. Suites start from the $500,000s. Demand is expected to be very high. Register now at solmar.ca.
ADVICE | WESTERN VIEW
WHY WE SHOULD RETHINK MINIMUM PARKING REQUIREMENTS IN PLANNING FRAMEWORK
MIKE COLLINS-WILLIAMS
Hamilton and Burlington need more housing, but minimum parking requirements are holding us back. Right now, cities require that those building new residential properties include a certain minimum of parking. WEHBA is asking you to rethink whether minimum parking requirements are truly in the best interests of our cities, or whether free market forces can provide the city with the parking it needs without the costs associated with a mandate. FREE PARKING HAS HIGH COSTS
Both underground and aboveground parking structures are expensive. Depending on the soil conditions, number of underground layers and the water table, a single parking structure in our city costs anywhere from $30,000 to $100,000, depending on if it is above or underground. These costs are significant and ultimately passed onto homebuyers and renters, which directly undermines the goals of affordable housing. DEMAND FOR ALTERNATIVE TRANSPORTATION
Transit, autonomous vehicles, car sharing, bikeshare and apps such as Uber and Lyft are increasing in demand throughout Hamilton and
Burlington. This reality, combined with the fact that requirements for parking often exceed market demand, means that parking becomes expensive wasted space with ongoing maintenance needs that could have been put to better use. OTHER BENEFITS OF ELIMINATING PARKING REQUIREMENTS
Eliminating the parking requirements has other benefits aside from reducing housing costs, including: • Walkable neighbourhoods: Current demands for hardscaping make neighbourhoods less walkable. Freeing up this parking space across the city adds density and makes everything you want closer to your home. • Reduced car-dependency: People who are moving into a new building have a choice about whether they should bring their vehicle. If they have other transit options they need nearby, they may choose not to keep their vehicle. This, in turn, helps increase demand for these very services. • Encourage medium density: Small- and medium-sized housing projects will be more affordable and simpler to build when the parking requirements are eliminated. This will help increase housing supply and lower costs.
to meet demand for parking without incurring the negative impacts. When parking is not mandated, private businesses and homebuilders are able to assess market demand for parking and decide if that is the best use for their space or financial resources. Edmonton removed parking minimums in July 2020, and has yet to experience any adverse effects from that decision. If parking is scant, the potential for parking space becomes more valuable, and motivates builders and private companies to offer parking. When there is too much parking, those businesses will instead make better use of the space. This flexibility benefits everyone, not just the people who live in buildings with more parking than they need. JOIN WEHBA IN MOVING THE NEEDLE
We’re advocating for the city and the provincial government to completely remove minimum parking standards. We also hope to share possibilities for builders and developers to reduce the amount of unnecessary parking. Stay tuned for more information on parking reform in Hamilton and Burlington.
Mike Collins-Williams, RPP, MCIP, is CEO West End Home Builders’ Association. westendhba.ca.
THE FREE MARKET CAN SUPPLY PARKING NEEDS
Simply allowing the free market to dictate what level of parking is available in the city is an effective way
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nexthome.ca 27
advice | ReaLTY iNSideR
The STEADFASTNESS oF CANADIAN HOMEOWNERS
michael Klassen
Changes in Canada’s real estate industry over the past few years have certainly been interesting. Currently, we’re experience mortgage interest rate hikes after several years of historically low rates. Despite what some doom and gloom media types say, this is not the problem they’re making it out to be. Yes, rate increases affect homeowners who are paying more than 30 per cent of their income on large mortgages. Many owners, however, have paid off their homes or have enough equity built up that they are not concerned. Think about homeowners in the 1980s and early 1990s, when interest rates soared into the unfathomable 20-plus per cent range. Unfathomable, but handled by most homeowners. Canadians value homeownership above most other possessions in life. The result is that very few default on mortgage payments, as that would leave a terrible stain on their credit records. They do what they have to do to keep their homes. Equifax Canada reported that at the end of 2021, the delinquency rate for mortgages that were more than 90 days past due was .19 per cent for the entire country, .08 per cent for Ontario, and only .07 per cent for the Toronto Metropolitan Area. Percentages of delinquencies on other types of loans were substantially higher. Far too often, we’re compared to the U.S., but the mortgage situation
28 condolife magazine | July 16–Aug. 13, 2022
Reign Condominiums in Guelph, by Reid’s Heritage Homes
there is vastly different. Our banking system is more conservative, which has saved us from the debacle the U.S. has faced in the past. Here, mortgage-seekers go to tier 1 and tier 2 financial institutions, all of which have high standards to meet for borrowing. South of the border, there are thousands of smaller banks whose standards are not that stringent. With mortgage interest being tax deductible in the U.S., people borrow as much as they possibly can, and small financial institutions tend to approve mortgages with high risk. There, lenders with delinquent mortgagees can only go after the collateral that was put down for the loan. Here, lenders have full recourse to pursue any assets the borrower has. This is yet another reason why Canadians are so steadfast when it comes to making mortgage payments. Those who are feeling the pinch of mortgage rate hikes are cutting discretionary spending to keep up with payments. We all learned to do with less during the pandemic, which
ended up being a valuable lesson. In the meantime, people are still buying homes and condominiums, to the point that demand continues to outpace supply. Historically, in Canada, real estate has been a lucrative investment, especially because when you sell your primary residence, the money is tax free. Real estate is, in essence, “real,” rather than intangible such as stocks and mutual funds. It’s easy to understand. No one likes it when the cost of borrowing goes up – but in the long run, Canadians will continue to value their homes and keep up the payments on what is likely the biggest and most rewarding lifestyle and financial investment they’ll ever make. Michael Klassen is the Broker of Record, Eleven Eleven Real Estate Services. Based in Toronto, this firm is a residential preconstruction listing brokerage. 1111realty.ca
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ADVICE | LEGALLY SPEAKING
WHAT YOU NEED TO KNOW ABOUT A COTTAGE SHORELINE AND SHORE ROAD ALLOWANCE JAYSON SCHWARZ, LLM and GREG DUBECKY, JD
In Part 1 of Everything you need to know about buying a cottage in the June 18 issue of Condo Life, we looked at a host of issues and considerations that make the planning and buying of a recreational property different from that of a typical residential purchase. In Part 2, we will look at a very important issue relating to waterfront properties in cottage country: Do you own that shoreline? And if not, how do you get it? While many recreational properties are fronted by water, and may be marketed as such, it’s entirely possible the beautiful stretch of shoreline before you does not form part of your titled property. It is not a matter of use, access or anything except the way registration was effected. It’s a common situation, and many people have no idea they don’t own their beach or rock shore. In Ontario, in the late 19th century, the original town surveyors for many townships left shore road allowances along the rivers and lakes to allow for logging and transport of commercial goods. These were originally 66 ft. wide, but their current width outside the water may differ greatly, based on the actual shifts in shorelines over time, varying from the original surveys. These shore road allowances may be owned by a municipality or comprise provincial Crown land. The implications of the road allowance falling outside the
property boundaries are several, and compounding. For one, as the owner of a shoreline, you are entitled to certain use rights of the water, including access to the water, known as riparian rights. When it comes to the waterbeds of all navigable lakes and river systems, absent an explicit grant otherwise, you don’t own the waterbed itself, the Crown does. While the specifics of these use rights may vary and are worth examining to determine what, if any, additional restrictions may be presented by existing laws, indigenous treaty rights or conservation authority regulations, without ownership of that shoreline, you don’t or won’t have those riparian rights, you will have only the same access to the water and shoreline that the general public enjoys. Aside from any limits a lack of a private shoreline may cause in the intended enjoyment of the waterfront, this public access may also present privacy concerns. Structures, including existing ones, may have also fallen outside the legal boundaries of the property. Determining whether a cottage, other structure, or a proposed building site, is located entirely or partially within the shore road allowance limits is critical before buying a property. Or, in the case of a property you already own, planning any further building, as that building may be illegal and vulnerable to demands for removal. A cottage owner or prospective purchaser needs to consider what can be done if that dock or boathouse, or possibly even part or all of the main cottage, encroaches on an unowned shoreline road allowance. The next question is: How can you acquire ownership of, or secure
access to, an unowned shoreline road allowance. There are a few possible courses of action, but none are guaranteed. This could include purchasing the shore road allowance. The rules around offering to purchase will vary depending on whether it’s from the province or a municipality, as municipalities each have their own processes. Licensing use from the municipality may be another option. But how can you tell? First, ensure that there is a clause in the offer guaranteeing ownership of the shore road allowance, or make it a term that same may be purchased from the municipality or the province as applicable, or even that the deal is conditional on obtaining same. Ensure that a survey laying out the shore road allowance is part of the documents you receive from the vendor. Work out who pays for what with your agent. A good rule is to do the research. Visit the local municipality and speak to its planning department and ask the position of the town on the sale of shore road allowances for the lake your cottage is on. Working with experienced lawyers and surveyors to plan future use and purchases, or to address an issue that has come to light, is crucial in assessing your options and risk. Jayson Schwarz, LLM, is managing partner, and Greg Dubecky, JD, is senior real estate associate at Schwarz Law Partners LLP. schwarzlaw.ca, info@schwarzlaw.ca.
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IN CONVERSATION WITH...
RICHARD LYALL PRESIDENT RESIDENTIAL CONSTRUCTION COUNCIL OF ONTARIO BY WAYNE KARL
If you’re planning to buy a new home or condo – easily one of the most significant purchases in your life – you’d be wise to do your research. Interest rates, mortgages, location, community, builder, housing type… there’s a lot to consider before taking the plunge. These days, however, those factors are even more complicated by challenges you may not even be aware of, since they are deep into the front end of the new home development process. A growing 30 condolife magazine | July 16–Aug. 13, 2022
shortage of construction trades, supply chain issues, raw materials costs, development charges, approvals processes… yes, all these things really do affect you, or more specifically, the prices and availability of new housing supply. So, in conducting your due diligence, do yourself a favour and learn a little more about these issues – via our interview with Richard Lyall, president of the Residential Construction Council of Ontario (RESCON).
You recently wrote that skilled trades are critical to meeting the target of building 1.5 million new homes in Ontario over the next 10 years. Why is there such a dearth of talent? Demographics don’t lie. The average age of a construction worker has drastically increased, and significant retirements are looming. Residential construction relies on specialized skills sets which are not reflected in the formal apprenticeship system. This issue impacts data collection
by Statistics Canada, as well as who qualifies for government funding (employers and workers). Technology and the skilled trades were largely removed from high schools, whose primary role is a preparatory system for colleges and universities. Not enough young people are pursuing skilled trades. Fewer than one per cent of high school grads are registered apprentices. Adding to this problem is the fact that not enough immigrants are arriving with skilled trades experience. One report by RBC noted that only about onethird of the number that should have skilled trades experience are arriving. Essentially, government growth planning failed to address this issue, as has happened with housing supply. What more can the province or even homebuilders do to address this challenge? The province can continue to invest in skilled trades. Labour, Immigration, Training and Skills Development Minister Monte McNaughton has done a phenomenal job prioritizing skilled trades with historic investments in training and apprenticeship programs, winding down the Ontario College of Trades, launching Skilled Trades Ontario, and promoting the skilled trades as an equal education option to colleges and universities. Next steps include continuing on the path he has set, and focusing on labour market information to target and support training and employment programs geared to filling the specialized skills required to build Ontario (bricklayers, finishing trades and subsets of the carpentry and construction craft worker trades that are most in demand – forming, concrete and drain installation). Employers can make recruitment and retention a priority, and pair new hires with mentors. They also can work with local colleges, training delivery agents and other training providers to communicate their specific needs. Jobs in construction are often filled via word of mouth. Creating and posting job ads help
candidates understand the real jobs that exist. They can then get the required training. It also ensures training providers are aware of the needs of employers. They can then adapt their curriculum to meet market demands. In addition to the skilled trades shortage, the homebuilding industry is also dealing with rising costs and disruptions in the supply chain. How significant are these challenges, and what can builders do to respond? The industry is facing massive challenges, most of which are beyond builders’ control. For example, developers do not control interest rates, commodity prices, shipping and supply chain issues, chronic delays and uncertainty in the development approvals process, where there are more than 45 different government bodies involved, lack of readily
available land and antiquated zoning regimes. According to the Organization for Economic Cooperation and Development, Canada ranks a stunning second last out of 35 developed countries in a ranking of how efficiently it approves projects. We have, over the years, generated various reports and advocacy with respect to these problems and the fact the supply is not meeting demand. We need immigrants, given our aging and otherwise declining population. But, systemically, we failed to plan to house them. Hence, prices for all forms of ownership and rental (to the extent it is built) has increased dramatically. How significant is the province’s recent announcement re amending the Ontario Building Code? It is significant in that we are catching up with more advanced jurisdictions in what we can build.
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What are the potential implications – both positive and negative? There are no negative implications. Mass timber building is the leading built form, relative to climate change and reducing greenhouse gases. Off-site factory-built housing reduces the time it takes to erect on-site structures. There is less noise, waste and dust, which is beneficial for infill construction projects in existing neighbourhoods. What can homebuyers take from this? This will expand our ability to produce more climate-friendly carboncapturing buildings. Off-site factorybuilt housing has the potential to increase the production of housing. What are the opportunities for homebuilders? It provides more flexibility in what can be produced. It can potentially reduce
the time it takes to build. Mass timber buildings are potentially ideal for producing “missing middle” housing. One of the changes is to allow multi-residential residences to be constructed with factory-built modules that can be assembled on the building site. How well are homebuilders in the province equipped to take advantage of this? This depends on the availability of supply and production capacity. Factory-built housing design and delivery works according to different criteria and schedules. Homebuilders can adjust to the different scheduling requirements and incorporate it into their existing operations. What else can the province do to address the housing supply crisis? The most important action required is to modernize and digitize the approvals process based on common province-wide standards. The province also needs to act relative to
NIMBY municipal political interests, which have blocked new housing supply. The trade of reducing sprawl is to allow for higher densities. This has not happened to the extent required. Exclusionary zoning and the stillmissing “missing middle” housing means that an appropriate range of housing choices has been denied to the public. It is particularly detrimental to the housing needs of millennials and has pushed housing costs beyond the ability of many to pay. Knowing what you know, and all things considered with the homebuilding industry these days, what advice would you give prospective new-home buyers? Don’t treat housing as an investment but as a home. If you are new home and condo buyers, get involved in advocating for more housing supply and related reforms. Let your voice be heard in the face of NIMBY interests. rescon.com
on a personal note What would you be doing if you weren’t involved in the residential construction industry? I would likely be involved in some other pursuit with a social benefit perspective. For example, the health care system is facing many challenges that require attention to improve care. Another area might be in education reform, concerning the fact that young people are still being denied a full range of options with respect to their learning styles, aptitudes and potential careers. The bottom line is it would be something regarding making the world a better place. What’s your most significant accomplishment at RESCON? Quite a few with respect to improving residential construction. There are a few items, including founding RESCON w ith other industry leaders. I also: • Worked with others to facilitate stable labour relations. There is now a specific provision in the Labour Relations Act for residential construction. • Was vice-chair of building regulatory reform (Ontario Building Regulatory Reform Advisory Group) in the province, which introduced reforms to the building approvals process. • Played a role in promoting and supporting mass timber building. RESCON won two awards from the forest industry and wood works. • Worked with others to address the fact there is insufficient investment in infrastructure to support growth. RESCON was a founding member of a labour-management infrastructure alliance. • Was a founding member and past chair of the Construction and Design Alliance of Ontario and a founding member of the Ontario Skilled Trades Alliance. • Was involved in establishing the RESCON Anti-Racism Roundtable and Construction Against Racism Everywhere program. What’s on your reading list these days? Builder Bites, Better Builder Magazine, The London Economist, Atlantic Monthly, Maclean’s, Wall Street Journal, Toronto Sun, and Canadian Real Estate Wealth.
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ADVICE | REAL ESTATE PRO
TORONTO CONTINUALLY RANKED AMONG TOP CITIES IN THE WORLD
BARBARA LAWLOR
Every year, the city of Toronto is considered among the top in the world in a variety of surveys. Recently, the cloud-based access control system organization Kisi found Toronto among the top economic hubs around the globe for supporting work-life balance. Toronto ranked 19th out of 100, and it is easy to understand why. The study focused on the categories of city livability, work intensity, society and institutions, and Toronto shines in all of them. City livability includes parameters such as culture and leisure, safety, outdoor spaces, wellness and fitness. Toronto is home to world-class cultural, sports, dining, shopping and educational venues, as well as a generous coverage of parks and greenery – all within walking, biking and public transportation distance. Toronto also continually ranks among the safest major cities in North America. Another consideration in this category is perceived happiness, which is evident in the number of pre-pandemic and reawakening festivals across the city celebrating life here. Society and institutions looked at healthcare, COVID support, access to mental healthcare, inclusivity and tolerance. Toronto boasts some of the world’s finest hospitals. We are also a multicultural city, where all cultural backgrounds are embraced. And work
intensity has to do with, among other things, the ability to work remotely – and didn’t the pandemic put that parameter to the test? This Kisi ranking comes hot on the heels of Toronto being named by MovieMaker magazine as one of the top places to live and work in the film industry. In fact, Toronto ranked second, which is up 10 spots since last year. The list is based on surveys, production spending, tax incentives, additional research and personal visits when possible. Even during the pandemic, the film industry remained robust in Toronto, thanks to collaboration and cooperation among employers, governments, unions and guilds concerning health and safety. Production volume here grew 10 per cent year over year for the three years before COVID made its appearance. Toronto is home to numerous sound stages and highly skilled film crews. This ranking is a testament to the City working with the industry and the arts to create outstanding film content. Another of Toronto’s many accolades was ranking first out of 15 major global cities in the 2021 Bloomberg Women and Cities study. This study looked at safety, mobility, maternity, equality and wealth. In all these hubs of commerce, Bloomberg used publicly available data, as well as a survey of at least 200 women in each location. In addition, senior women in finance and industry were asked to share their personal experiences. In North America alone, Toronto, beat out New York City and Los Angeles. The study also pointed out that around the world, women
The Dawes
would benefit from more mobility through transportation infrastructure, something the City of Toronto is working on. In a nutshell, in this world of challenges brought on by the pandemic, the war in Ukraine and rising inflation, it is still a privilege to live and/or work in Toronto. 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
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ADVICE | PERSONAL FINANCE
WHAT DO RISING RATES AND FALLING PRICES MEAN FOR PROSPECTIVE HOMEBUYERS?
JESSE ABRAMS Going into the summer, the Canadian housing market shifted and looks a lot different than it did a few months ago. In June, we saw another rate hike of 50 basis points, with inflation and the cost of living steadily increasing, and the hot housing market of the past two years finally cooling down. In fact, just over the month of May, the average home price in Canada dropped almost nine per cent. While there are many factors at play here, what do all of these changes mean for Canadian homebuyers? 1. LESS COMPETITION
When rates were at their lowest of lows, we saw greater demand from investors and buyers with an influx of bully offers and relentless bidding wars. This drove prices and competition even higher among buyers and, in some cases, caused many to overpay for their homes. As rates tick back up and the cost of borrowing increases, these buyers will likely take a step back and think twice before making a purchase. As a result, more homes will be available on the market for longer. 2. SMALLER MORTGAGE
The sirens that come with most rate hike announcements automatically make us think this is bad news – but it’s not as disappointing as you may think. Although a rate increase of two to five per cent will increase your monthly payments at this moment in time, it will reduce your mortgage balance at the end of your five-year 34 condolife magazine | July 16–Aug. 13, 2022
Price of Home: Down Payment: Rate: Monthly Payment: Remaining Principal at term end:
A FEW MONTHS AGO $775,000 $77,500 2% $3,048
PRESENT $705,250 (9% price drop) 70,525 5% $3,826
$602,517
$579,670
term, bringing you one step closer to being mortgage-free. For example, here is the difference in your mortgage principal at the end of your five-year term today versus a few months ago. While monthly payments do go up quite a bit, the down payment is lower, and at the end of the fiveyear mortgage term the remaining principal is much lower, which means monthly payments will be lower in the next term. So, if you are a buyer that can carry the increased monthly payments, it may be beneficial with prices expected to drop. 3. MORE TIME
When competition is high in the market, many homebuyers often feel the pressure to rush into a decision that may not be the best one. With everything slowing down, buyers have regained a lot of their power. They now have more time to search for a home and visit multiple properties, while ensuring all their boxes are checked. This goes for their mortgage, too. With more time on their side, buyers can shop different lenders and get a greater sense of the options and features available, saving them time, stress and, in some cases, thousands of dollars. 4. MORE OPPORTUNITY
In highly competitive times, sellers look for fast, “clean” sales. In the
interest of time, these often exclude conditions such as financing or inspection conditions. In a buyers’ market, these conditions can be used as tools to ensure you’re getting a home you can afford – and one without any skeletons in the closet. A financing condition is a clause added to a purchase, where buyers generally add a five- to 10-day condition that allows them to buy it with the option to pull out if they can’t get a mortgage. With the lower demand and reduced competition we’re currently seeing, it’s likely sellers will be more inclined to accept these conditions in order to close the sale. With all this in mind, the most important consideration for any buyer is that they can afford to make their monthly payments and down payment, regardless of what’s happening in the market. Although inflation and rising rates can make the future feel uncertain, one thing you can do as a homebuyer is to continue budgeting and living within your means as we weather this temporary shift in the market. Jesse Abrams is Co-Founder at Homewise, a mortgage advisory and brokerage firm. thinkhomewise.com
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BUILDER PROFILE | HAMILTON
THE DESIGN DISTRICT MEET HAMILTON’S NEW DOWNTOWN LANDMARK The city of Hamilton has been undergoing a dramatic multi-year transformation over the last few years, from an industrial powerhouse to a vibrant, creative destination that feels special. The downtown core has energy, with flourishing retail, events, live music venues and culinary experiences. Hamilton has an incredible and robust sense of community and is renowned for its diverse economic base, innovative institutions, vibrant downtown, attractive waterfront and thriving arts scene. And if one thing is 36 condolife magazine | July 16–Aug. 13, 2022
for sure, interest in Hamilton’s bustling real estate scene is on the rise. A magnet for investment, Hamilton, and especially its downtown sector, is getting a $500-million investment into a new entertainment hub and the revitalization of existing venues: The FirstOntario Concert Hall, the FirstOntario Centre, the Hamilton Convention Centre and the Art Gallery of Hamilton. A Bell investment of $400 million will also be the most significant digital infrastructure investment in the city’s history. A $140-million redevelopment project
on the waterfront will transform the harbour into a beautiful, pedestrian-friendly community with a commercial village and a public plaza. The combined investment exceeding $1 billion is unprecedented in a community the size of Hamilton, and lends itself as a major catalyst for growth. The cherry on top? An additional $3.4 billion is being invested in an upcoming 14-km light rail transit line with 17 stops to accommodate Hamilton’s new and growing workforce.
Emblem Developments – one of the fastest-growing real estate development companies in the GTA, focusing on developing highrise residential buildings – has been a prominent advocate of the future of Hamilton. This multi-award-winning firm’s current development portfolio consists of more than 4,300 residences representing more than $3.3 billion development value in Toronto, Mississauga, Hamilton and Ottawa. And its latest offering, The Design District, is the new landmark at 41 Wilson St. in the middle of the downtown core. This master-planned condominium community from Emblem and master architects IBI Group features three soaring, 31-storey connected towers that will provide a grand
scale modern luxury that remains charming, balanced and intimate. The Design District promises to change the face of the city, forever encapsulating its heart and soul as an ode to art and design. Epitomizing its tagline of “A forever moment,” this spectacular new residence is a timeless monument inspired by landmark locations found in New York, Miami and London as the most desired location to live, shop, eat, socialize and be inspired. The Design District is the first opportunity to be part of this masterplanned community. Offering 931 suites above a retail podium, it boasts an outdoor swimming pool and terrace lounge reminiscent of a luxury hotel, a gym, yoga studio, coworking space and party room, all finished at very high specifications. The lobby lounge is impressive and will wow visitors and residents alike. An expression of modern luxury, The Design District is meant to give residents a strong sense of place. And that place is within the historic city of Hamilton, treasured for its preserved vintage buildings. The new condominium structures conceived by master architects IBI Group pay tribute to the 1868 Gothic Revival-style church at the corner by
allowing it to stand out with its red brick against the clean lines and black and white tones of the new buildings. To provide continuity and integration into the area, IBI has strategically placed the towers to form a backdrop that showcases the church and its historical importance. Combining the modern luxury with the charm of a preserved and vintage building has resulted in something extraordinary. The Design District’s three buildings stand strong and confident amid dynamic downtown Hamilton. That confidence has carried through in the interiors designed by Burdifilek, well known for designing boutiques for global luxury fashion brands and “aww spaces” such as W Hotels. Much thought and detail have gone into creating The Design District’s elegant modern spaces. Emblem has been clear about its mission to create something that has never been done before in Hamilton. With The Design District, Emblem is making a bold statement about its love of art and design, and believing that Hamilton is one of the best markets to invest in. To become part of this new landmark in Hamilton, register today at emblemdevcorp.com. nexthome.ca 37
BUILDER PROFILE | DUNDALK
EDGEWOOD GREENS
The beauty of introducing a masterplanned community to an open, country-like setting is that the building team has a relatively blank canvas to work with when crafting and sculpting the land to their unique vision. Such is the honour that Flato Developments has enjoyed with its Edgewood Greens community in Dundalk, which is located just a short drive north of Brampton. Grey Transit Route offers regular service along Hwy. 10 between Owen Sound and Orangeville. Flato’s vision is to build the perfect suburban community, a place where the air feels fresher, the sun shines brighter, the grass is always greener and there’s a proud spirit that connects the local community. That’s why Flato has gone to great lengths 38 condolife magazine | July 16–Aug. 13, 2022
to incorporate a number of familyfriendly amenities within Edgewood Greens’ environs. The overall community design focuses on uplifting the natural greenspaces, waterways and ponds to provide an engaging trail network throughout Edgewood Greens. These linkages serve to interconnect the various active and passive activities designed to appeal to residents of all ages. Amenities include a charming kid’s playground, two mini soccer fields so children can grow up with a natural joy for the beautiful game, open fields where families can throw a frisbee or football around, and a formal gathering area highlighted by a gazebo. The meandering community trail is lined by beautiful trees like maples,
oaks and pines, along with shrubs such as sumac and red dogwood. These plantings have been designed to enhance the location’s biodiversity and maintain the feeling of a countryside community that brings people together over life’s simple pleasures. In delightful contrast to Dundalk’s country-like setting, there’s a surprisingly modern energy to this charming village. Many first-time visitors to Dundalk are pleased to see how much the village has to offer: Groceries and hardware stores, charming cafes and restaurants, plus the obligatory Tim Hortons. The village also boasts an energizing array of lifestyle amenities, including soccer fields and baseball diamonds, a community arena and swimming
RENDERINGS ARE ARTIST’S CONCEPT
LIVE FAMILY-FRIENDLIER IN THE VILLAGE OF DUNDALK
pool, lush parklands and forests, and walking and biking trails. To improve the local healthcare services, Flato contributed $1 million to South East Grey Community Health Centre to build a full-service health clinic in Dundalk, Ont. In Edgewood Greens, families are treated to large homes on larger lots, so there’s always room to kick a ball around in the backyard. A unique hidden gem, here purchasers can enjoy greater value for a smaller price – with spacious homes up to 4,000 sq. ft. Flato always strives to help homebuyers purchase the home of their dreams with progressive financing plans, such as a flexible deposit payment structure. For the recent launch of Edgewood Greens in April, Flato also introduced a first-time buyers incentive program aimed at helping them make that big, gratifying leap into homeownership. The flexible down-payment structure enables purchasers to invest less money upfront and make gradual, bite-sized payments up till the time of possession, to keep that hard-earned money in their savings account longer. Monthly payments can be as low as $2,500. The first-time homebuyer’s incentive for Edgewood Greens will also feature cash back opportunities of up to $40,000 at multiple junctures in the process before closing, providing purchasers with extra cash infusions that can be used toward future down payments or closing.
Flato has a long and distinguished history of building within Dundalk, and has been instrumental in the village’s successful family-friendly atmosphere. In addition to Edgewood Greens, Flato has introduced Carriage House, a master-planned community of townhomes and detached homes; and Edgewood Suites, an innovative adult lifestyle community. Conveniently close to Edgewood Greens, Flato is also developing Edgewood Plaza, which will further support Dundalk’s retail tapestry. For further information or to register, visit the website at edgewoodgreens.ca. nexthome.ca 39
BUILDER PROFILE | BURLINGTON & BRAMPTON
Modern elegance in Millcroft
BRANTHAVEN’S NEW TOWNHOME COLLECTIONS NOW AVAILABLE: THE LOCATIONS, LUXURY AND LIFESTYLE YOU WANT What’s new and noteworthy for 2022? The opportunity to be a part of Branthaven’s exclusive new release of townhomes in Burlington and Brampton. “We are offering discerning new-home buyers not one, but two unparalleled luxury townhome collections in two unparalleled new community settings,” says Steve Stipsits, president of Branthaven. “Queens Lane, Brampton features a limited release of new traditional townhomes with a naturally stunning ravine backdrop. And in Burlington, we are offering our distinctive Millcroft Towns – modern luxury townhomes in Burlington’s coveted Millcroft community.” Both of Branthaven’s distinctive new townhome collections have been crafted to celebrate their unique natural surroundings and further showcase Branthaven’s awardwinning reputation for architectural integrity, design-forward interiors and attainable luxury living.
QUEENS LANE – WHERE A RAVINE LOCATION REIGNS
Branthaven has released the highly sought-after Queens Lane, an intimate collection of threestorey townhomes nestled in the charming heritage hamlet of Huttonville, where southwest Brampton meets Mississauga. “Queens Lane is a one-of-akind opportunity,” says Stipsits. “Surrounded on three sides by oldgrowth forest, adjacent to Lionhead Golf Course and Huttonville Creek, this secluded ravine setting with its lushly landscaped entry features, distinctive stone pillars and private lane will culminate in a cul-de-sac parkette for the exclusive use of residents and their guests. It will be a very special place – a rare gem within a rich natural landscape yet close to all the nearby amenities of Mississauga and Brampton.” Queens Lane’s classic Englishinspired architecture offers two elevation types for a diverse
streetscape. The Crown and Kingsway collections will boast brick and stone elevations, authentic architectural details and curated colour palettes ensuring timeless character and enduring value. Townhomes will offer openconcept layouts ranging in size from 1,780 to 2,190 sq. ft. and feature up to four bedrooms, expansive living spaces, gourmet kitchens, generous sized primary suites and family-friendly bathrooms. Elevated and spacious private decks are backing onto the forest, and ideal for entertaining and enjoying the views of the surrounding greenspaces. Ground level patio doors open to additional outdoor living space and easy access to the private rear yard and adjacent Queens Lane outdoor amenities. MILLCROFT – NEW MODERN LUXURY ARRIVING IN BURLINGTON
Branthaven has introduced a rare opportunity to live in one of Burlington’s most beloved
neighbourhoods – Millcroft. Branthaven is proud to introduce Millcroft Towns, a collection of twoand three-storey luxury homes with unparalleled design – inside and out. “We have carefully crafted Millcroft Towns’ architecture to reflect the current move toward more modern lines and establish a landmark design for this gateway location to the Millcroft neighbourhood,” says Stipsits. “Millcroft Towns’ new architecture and community plan does just that – it showcases the clean lines of today’s highend contemporary architecture and supports our commitment to design forward thinking and quality construction materials. Branthaven selected bespoke brickwork to highlight the dramatic play of dark and light tonal ranges for a truly distinctive streetscape. Warm woods, impressive glass expanses, custom quality doors and enhanced landscaping design will define Millcroft Towns’ exceptional enclave.” Four distinctive townhome styles have been curated for the ultimate in carefree luxury living. Buyers can choose from two- or three-storey designs, single- or double-car garages, as well as a range of lifestyle
Ultimate spa luxury
Refined townhome living at Queens Lane
layouts for formal or relaxed living. Why not consider a luxury double primary suite layout or a threebedroom design? Need to work from home? Flexible home offices and dens are ideal. Every townhome features generous outdoor space, perfect for quiet relaxing or an evening of entertaining friends and family. Ground floor patio doors make private backyard access a breeze. Look for luxury interior standard and optional features such as elevators, finished lower levels, gourmet kitchens, over-sized islands and pantries, custom millwork and more to personalize your new home. TOWNHOMES DESIGNED WITH YOUR LIFESTYLE IN MIND
Whether Queens Lane’s new traditional plans or Millcroft’s modern luxe layouts reflects your style, rest assured that Branthaven’s plans are intentionally designed to inspire homeowner satisfaction with your lifestyle in mind. Plans are bright, airy flowing spaces, easy to furnish, a pleasure to live and entertain in and importantly, contribute to Queens Lane’s private terraces
Warmly inviting interiors
homeowners’ happiness and wellbeing every day. Branthaven continues to be at the forefront of new product innovation. “We constantly collaborate with industry experts and premium suppliers to source the latest home products – from flooring and fixtures, taps and tiles to technology,” says Stipsits. “Our ‘Fresh Thinking’ features and finishes are always up to date and included at no extra cost.” From ergonomic kitchen faucets and practical deep pot and pan drawers, to the double vanity ensuites and spa-inspired fittings, there are countless Fresh Thinking details included in your new townhome, whether you choose to “Live the Life” with Branthaven in Brampton or Burlington this coming year. Don’t miss out on these limited release enclave communities. Register now at branthavenbrampton.com/ branthavenburlington.com nexthome.ca 41
ADVICE | HOME REALTY
TIME FOR A REALITY CHECK WHEN IT COMES TO NEW HOME STATISTICS
DEBBIE COSIC
As new home and condominium sales ebb from the frantic pace of the past couple of years, some media is perpetuating negative news that may cause some potential buyers to shy away from acting. In fact, we in the industry are still busy – very busy. So far in 2022, in every month from January through April, new home and condo sales have still been above the 10-year average. Yes, things have changed, but people will always need to buy homes. Newcomers to Canada, people moving to the GTA for jobs, families expanding, empty nesters looking for more compact living quarters… the list of market sectors is long and active. Frankly, if there are five people in line for a specific home or condo instead of 15, the news is still good. Keep in mind that the industry goes in cycles. According to Altus Group, in 2021, we had the second-highest sales on record since 2002. We are also experiencing a serious supply shortage, which has made any singlefamily homes and condominiums so desirable, they are being snapped up quickly. This lack of supply has, and will continue to be for some time, the biggest hurdle in making homes more available and therefore, more financially attainable. The recent provincial election resulted in the Conservatives promising to take substantial steps to rectify this situation. Let’s hope that happens. In the meantime, the Bank of Canada has raised interest rates. Put
42 condolife magazine | July 16–Aug. 13, 2022
Deane Centre Court
into perspective, homebuyers have enjoyed an unprecedented timeframe of historically low mortgage interest rates, and it is no big surprise that they are on the rise. Even so, people who bought or renewed mortgages back in the 1980s and early 1990s will tell you that single-digit rates are far more reasonable than what they went through. The next thing to consider is that home prices are continually on the rise. Altus Group statistics for April 2022 reported that the benchmark prices for both low- and highrise residences were both substantially up from the previous 12 months. There have been some price adjustments in resale, but not new. Choosing a new home or condo brings with it many advantages, including Tarion warranty coverage, and the latest in energy efficiency and building techniques. If you are waiting on the sidelines thinking new home and condo prices will tank, you will likely miss out. The fact is, we’re slowly getting to a new normal, which in many ways is a more stable market. Again, look at the
big picture. The frantic pace of 2021 couldn’t continue – certainly not now with demand still outpacing supply. And yet, thus far, 2022 has been a good year for sales. We’re busy marketing and selling homes for a variety of clients. They are bringing communities to market as soon as they can, and we look forward to seeing what else they have to offer across Toronto, the GTA and southern Ontario. For anyone considering purchasing a new home or condo, it’s important to put media reports and statistics into perspective and realize that the wise move is to buy sooner rather than later. Debbie Cosic is CEO and founder of In2ition Realty. She has overseen the sale of more than $15 billion worth of real estate. With Debbie at its helm, In2ition has become one of the fastest-growing and most innovative new home and condo sales companies. in2ition.ca
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INTERIORS
IN THIS SECTION: DECOR | STYLE | HOME FINDS | DESIGN nexthome.ca 43
INSPIRATION |
decor
TRANSFORMING A PRINCIPAL BEDROOM AND BATHROOM IN A
TORONTO CONDO by LINDA MAZUR
When our clients came to us, they were looking to not only modernize their old North Toronto condo, but to completely redesign the small space and make it more functional to better suit their needs and lifestyle. Their condo was built more than 40 years ago and lacked a lot of the features found in newer builds. Their vision was simply to create a space that was calm and relaxing to come home to, with a functional layout and great storage that reflected the more informal, “boho” design they loved. The first area we attacked was the principal bedroom and bathroom. This space originally consisted of a
44
condolife magazine | July 16–Aug. 13, 2022
bedroom that was disproportionately cluttered with furniture, a very small two-piece “ensuite” principal bathroom that lacked any space for a shower or proper storage in its 24-in. vanity, and an oddly shaped and under-utilized adjacent walk-in closet. Creating a proper three-piece bathroom became our focus, as we started designing our client’s new space. We expanded the original twopiece bath space by removing the wall to the adjacent walk-in closet. This allowed us to now create a large walk-in shower, with a step up as we needed to allow for required plumbing and drains.
As our client loves blue, we had fun with introducing various shades of the colour to create a personalized and relaxing space. The new large richly toned blue vanity boasts deep drawers and a tall cabinet hutch, the latter of which was kept white to blend with the walls and avoid taking up visual space in the upper half of the bathroom. A beautiful blue verticalstacked tile creates a feature wall that is visible through the shower glass, and the patterned floor tile is a fun, stylized design which adds interest and detail without overwhelming the room.
The hardware and lighting provide a nice punch of black and gold to this bright space. We opted for a wood countertop for the vanity, which may seem a bit unusual for a bathroom, but we loved the natural, organic element it introduced to the space. The result is a modern and eclectic look which we carried through to the rest of the bedroom. To create the haven our clients were looking for, we chose to adopt a “less is more” approach to the design of their principal bedroom. Unfortunately, this bedroom was neither overly large, nor overly bright. We continued with our client’s love of blue, this time using a wonderfully warm and inviting shade as our main wall colour. Simple wall panelling was added to create a focal point for our bed and eliminate the need for a formal headboard. As the poorly configured original walk-in closet had been eliminated to expand the bathroom, we opted to introduce custom wall units throughout the
bedroom to provide proper and functional clothing storage. A platform bed with built-in storage drawers was also introduced and dressed in organic washed linens to create an inviting space to relax at the end of a long day. More storage was incorporated in the room with customized lower built-in wall units that replaced the need for any dressers. These lower units were designed to provide personalized storage for everything from shoes and purses to jewellery and clothing. We also continued the relaxed, organic vibe of the principal bathroom and reintroduced warm wood into the construction of this piece. This added the perfect touch of interest, texture and cohesion to the overall space. In the end, these are now two new, current and functional spaces with tons of well-thought-out storage solutions; as well as being great stylized spaces that are not only relaxing but are reflective of our client’s personality and love of blue.
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 nexthome.ca 45
INSPIRATION |
big style
HOW TO CREATE AN
OUTDOOR OASIS by LISA ROGERS
Now that the summer is upon us, we’re all itching to get outside, head to our little outdoor oasis and raise our faces to the sun. Just because you live in a condo or townhome, doesn’t mean you can’t have a lush, beautiful garden. Anyone can have a gorgeous garden right on the deck or terrace with a little pre-planning, some fundamental principles and great looking containers. 46 condolife magazine | July 16–Aug. 13, 2022
ASSESS YOUR SPACE
Figure out how much room there is, and the type of exposure – higher floors on a condo create different planting zones, because they are more exposed to harsh sun and wind. Check with the nursery to see which plants are hardiest under whatever conditions you have. Calculate the amount of sun – and whether it’s morning or afternoon sun – to determine the type of plants.
If there’s a lot of shade, you’ll be checking out impatiens, periwinkle, Hostas and hydrangeas; while geraniums, salvia, coneflowers and peonies are sun worshipers. To create pockets of shade, try planter boxes along the railing, letting the ivy trail and providing cover for plants below. CREATE A GARDEN PLAN
You want to enjoy the garden not just outside, but from every vantage
point inside, as well, so figure out the views to coordinate colours and feel. Alternatively, maybe your clean-lined modern interior would be great with a riot of colour to draw the eye outside. Keep proportion and ratio in mind, so vary the heights of plants by mixing tall plants such as palms or tropical trees with shorter bushes. Tall plants also create privacy from neighbours, as do trellises – but check with the condo board to see if you’re allowed to install those. Add a couple of comfy chairs and a small table, and you’ve created an oasis. Decide on a colour scheme – not only simple but beautiful and elegant, too, as it will restrain you from buying every plant at the store. Choose two or three plants and repeat them. It saves money in the long run and creates a unified look that is calming and easier to care for. CONTAINERS
They come in such a variety of sizes, they’ll help with the varied heights. Now in durable lightweight materials
that look like wood or stone, they’re easy to move around. And so easy – no mulch, weeding or digging. If you like a clean look, choose identical containers that complement simple plant colours, such as glossy green leaves and white blooms. If it’s a cottage-like effect you’re after, use anything – an old metal wash bucket for growing herbs, wire egg baskets for hanging planters, for those coral geraniums and pink begonias, lime green or silvery foliage. You can also use perennials in your containers – although they don’t spread quite like annuals, and if you’re in a condo you’re not likely to overwater them. In a large pot, place the tallest plant in the centre, and lower the heights as you move outward. For example, surround a tall tree or bush such as hibiscus or Mandevilla, with shorter transition plants and add trailers at the edge. Best money spent is on plants that spread – impatiens, portulacas, various ivy such as periwinkle and pachysandra – but leave enough room in the pot for them to grow. Otherwise they’ll die off after a month.
Bring out your indoor plants – they flourish outdoors in the summer as long as you keep an eye on sun exposure, which can burn them. Ideal are rubber plants, Schefflera and Christmas cactus. It’s also fun to grow a tomato or basil plant or two. There’s nothing sweeter than freshly picked cherry tomatoes, and with the basil and a little bocconcini and olive oil, you’ll have a delightful summer snack. When grouping containers, remember the three-five-seven principle – grouping in threes or fives or sevens. If you’re attaching pots to the fence, position at eye level; if they’re placed on top of the rail, you’ll see only the bottom of the pot when sitting down. And finally, do add some garden accents. There’s nothing like the sound of water burbling all summer, so add a water feature. Many of them are plug-in, and the water circulates within the feature. Add a fire pit while you’re at it – summer evenings can be chilly, though it’s also handy to have a basket of pashminas at the ready for wrapping around your shoulders.
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 nexthome.ca 47
home finds
HOME etc. INSPIRATION |
by SARA DUCK
Light the night We are smitten with these outdoor Bola oil lamps from Cb2. A perfect mod update from the traditional outdoor lanterns. From $60. cb2.ca
Ashore grey mahogany wood outdoor dining ARMCHAIR with white cushions. $599. Dining TABLE. $1,899. crateandbarrel.ca
Al fresco dining One of the best things about the warmer months is entertaining outdoors. Create an inviting atmosphere with this coastal cool dining table and chairs in grey mahogany wood. Accessorize with pink and gingham for a summery tablescape.
1
3 1. Dusty pink gingham dinner PLATE. $4. | 2. Dusty pink gingham serving UTENSILS. $17. | 3. Pink acrylic drinking GLASS. $4. homesense.ca 48 condolife magazine | July 16–Aug. 13, 2022
2
LOUNGE IN STYLE
Instax mini-9 instant CAMERA in cobalt by Fujifilm. $123. amazon.ca
Lounge sets take the guesswork out of how to style your outdoor space. For instance, this compact set from West Elm is made of all-weather cord, handwoven around a lightweight aluminum frame and has a matching river rock-inspired coffee table as well. Insert cocktail in hand and voilà, easy, breezy summer nights. Framed floral PRINT. $80. homesense.ca
Bamboo fibre dinner PLATE by Oui. $11. indigo.ca
Acrylic lowball GLASS in lemon print by Oui. $8. indigo.ca
Modern form indoor/ outdoor PILLOW in cobalt. $87. westelm.ca
We love Huron outdoor SOFA, small lounge CHAIR and pebble COFFEE TABLE SET. From $599. westelm.ca
cobalt blue!
This deep, vibrant blue will add the perfect punch of colour to your summer style.
Happy anniversary
Weber!
The iconic Weber Original Kettle celebrates its 70th anniversary this year. To commemorate the special occasion, Weber has introduced four heritage colours inspired by 1950s nostalgia. We think they are all the bee’s knees weber.com nexthome.ca 49
INSPIRATION |
style crush
From sage to olive and everything in between, here are 14 ways to incorporate the colour green into your home
Going
green by SARA DUCK
Fiddle leaf artificial PLANT. $999. mobilia.ca
Waffled bath TOWEL in light green. $20. hm.com
Warren green CHAIR. $579. cb2.ca Onyx marble COASTERS in chartreuse. $75 (set of four). westelm.ca
Hendry side TABLE in willow green. $329. article.com Enamelled cast-iron signature FRENCH OVEN in olive. $360. williams-sonoma.ca
50 condolife magazine | July 16–Aug. 13, 2022
Vonsbak RUG in green. $179. ikea.ca
Cascade angled kilim throw PILLOW. $60 to $83. crateandbarrel.ca
Haden Cotswold KETTLE in sage. $85. crateandbarrel.ca
Four-piece drift reactive PLACE SETTING WITH PASTA BOWL in green. $15. cb2.ca
Green textured THROW. $40. homesense.ca
Sven grass-green velvet SOFA. $2,099. article.com
Emerald PRINT. $1,800. crateandbarrel.ca
Leda green VASE. $60. cb2.ca
With more than 15 years’ experience as a magazine editor, writer and content creator, Duck brings her passion for design and decor to our pages each issue. IG @bysaraduck
nexthome.ca 51
2022 r e m m u S INSPIRATION |
trend expert
outdoor living trends
I
by BILHA KANGETHE
f we had to choose one word to describe outdoor living post-pandemic, it would be “reawakening.” During the last two years, our terraces, balconies and yards have shifted from sporadic weekend barbecues, parties and warm-weather grilling, to invaluable real estate that can function as an extension of our indoor spaces. In line with that “reawakening,” the production of furniture, decor and accessories has evolved to cater to this expanded functionality. Trends for summer 2022 are focused on all-year-round entertainment, durability, ultracomfort and styles geared to giving a nod to the ultimate outdoor getaway, while bringing all our indoor luxuries to our outdoor spaces.
Petaluma LANTERNS. crateandbarrel.ca
LOVE AT FIRST LIGHT Lanterns are our favourite go-to accessory when styling outdoors. Constructed from everything from rattan to ceramic and modern porcelain finishes, lanterns are now available in multiple sizes and silhouettes for all styles. Set the tone to your evenings with these lovely pieces, and watch the sun go down in style and elegance.
GLAM IT UP Accessories and decor are taking centrestage and adding the glam we need to take our entertaining experience to a new level. Mimicking finely crafted ceramics, refined wood-grain patterns, ceramic glazed finishes and joyful pops of colour that are fun to mix and match, melamine dishes and carefully crafted acrylic glassware are serving it up outdoors so we can get excited for all our cocktail parties, and achieve an elevated barbecue experience. Indoor/outdoor area rugs hand-loomed in a polyester fibre are great for durability and infused with fade-resistant properties. Geometric, minimal and neutral, a luxe boho vibe or graphic coastal stripes, they cater to our styling needs.
Audley Grey BAMBOO and MELAMINE COLLECTION. crateandbarrel.ca
Design by Iman Stewart. imanstewart.com Photo: behance.net
Bilha Kangethe is the founder and creative director of The Lifestyle Loft. As a certified designer and interior decorator, she has created a company that focses on the needs of each client and customer and helps them curate a lifestyle that is comfortable and economical. thelifestyleloft.com
52 condolife magazine | July 16–Aug. 13, 2022
LIVING TO LOUNGE Lounge furniture is designed for comfort, style and durability. Meant to withstand all-year-round entertaining, these outdoor pieces are built with sustainability in mind. With materials such as teak, acacia, mahogany, resin rattan, cement-treated coffee tables, travertine, terrazzo stone, sunbrella and sunbelievable upholstery, this furniture is built to last and fortified to tolerate the elements of nature. Whether you are looking for softly curved silhouettes, laid-back breezy and timeless, or bold tailored and elegant styles, vendors have curated collections that will speak to your style with a key goal to modernize your outdoor living and bring your most coveted indoor comforts outdoors.
Porto SOFA. westelm.ca
Shop the look Bizerte outdoor patio THREE-PIECE SOFA. cb2.ca
Anillo travertine outdoor patio COFFEE TABLE. cb2.ca Pavilion black outdoor patio CABANA. cb2.ca
Desert Stream indoor/ outdoor RUGS. westelm.ca
nexthome.ca 53
INSPIRATION |
design file
2
4
s s a l Masterc by Sara Duck • photo Valerie Wilcox
54 condolife magazine | July 16–Aug. 13, 2022
1
Storage This kitchen is all about storage, which is a key aspect to any well-designed kitchen. The upper and lower cabinets allow for items to be stowed away discreetly while the glass cabinets offer the ability to showcase practical and personalized items such as longstem glassware and vases.
1
2
Bold countertops and backsplash
There is no doubt that the backsplash and the countertops in this kitchen make a dynamic design statement. Keeping these two elements the same creates a cohesive yet “wow factor” look.
3
3
Contrast Although this is a white kitchen, Ovadia creates dimension and contrast by adding the right amount of black and a hit of shine with gold details throughout the space. The herringbone wood flooring adds warmth and texture to the area, mirroring the soft gold touches.
Unexpected colour Think a white kitchen is boring? Think again! Designer Dvira Ovadia created a light kitchen bursting with visual interest and functionality. We break down the key details that make this cooking space a masterpiece.
4
To finish off this stunning cooking space, Ovadia adds a pop of muted red in the openconcept dining area. This unexpected infusion of colour adds dimension and a playful element to this kitchen. For more design inspiration, visit dvira.com
nexthome.ca 55
CONDO PROFILES
Bristol Place
developer: style: size: features:
Brampton
SOLMAR DEVELOPMENT CORP.
Highrise Starting from 432 sq. ft. • Two 48 storey towers on a podium within a landscaped courtyard • 1 bed, 1 bed + den, 2 bed, 3 bed • Steps to Go, VIA Rail, and ZUM rapid transit • Surrounded by shopping, dining, arts and culture • Party room, gym, yoga, lounge, outdoor BBQ & dining area, work stations and more contact: solmar.ca location: 199 Main St N, Brampton, ON L6X 1N2
Gallery Towers
developer: style: size: prices from: features:
Markham
THE REMINGTON GROUP
Highrise 515 to 1,688 sq. ft. From the $600’s • 9 Ft 10ft and 11ft ceilings • The towers offer exceptional 1, 2 and 3 bedroom residences with den options and spacious terraces with 2 storey towns • Outdoor fitness studio, outdoor dog walk, dog wash station, games room and wet bar, canopied dining with bbq areas and lounge seating • Indoor amenities games lounge, dining and party room, state of the are fitness and more contact: downtownmarkham.ca location: Warden + Enterprise
56 condolife magazine | July 16–Aug. 13, 2022
41 Wilson Street
developer: style: size: features:
Hamilton
EMBLEM DEVELOPMENTS
Highrise 369 – 1012 sq. ft. • Studios, 1B, 1B+D, 2B, 2B+D, 3B • State-of-the-Art Amenities: Outdoor Swimming Pool, Yoga Studio, Party Room, Fully Equipped Fitness Centre, Meeting Rooms, Outdoor Games Area, Outdoor Dining Area, Outdoor BBQ, CoWorking Lounge, Outdoor Fire Pit and Lounge, 3 Designer Lobbies with 24Hr Concierge • Steps from Hamilton GO, and future LRT • 97 Walk Score, 85 Transit Score, 93 Biker Score contact: emblemdevcorp.com • 647-577-3930 • thedesigndistrict@emblemdevcorp.com location: 41 Wilson Street, Hamilton ON
Central Park
developer: style: size: prices from: features:
North York
AMEXON DEVELOPMENT CORPORATION
Highrise – 12-acre, master-planned community 436 - 1,200 sq. ft. from the $700,000s • 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
CONDO PROFILES
Tridel
Toronto
nexthome.ca | myhomepage.ca
Greater Toronto Area Dec. 19, 2020–Jan. 30, 2021
Toronto’s Finest NEW HOME GUIDE
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The ‘best of the best’ coverage in the categories of new home; new condo; adult lifestyle; design, decor and renovation.
TRIDEL
Midrise 1200 – 1500 sq. ft. $1,675,000 • Immediate Occupancy • South Facing Views • Private outdoor spaces • Convenient location • Lifestyle Amenities – Rooftop Pool, Fitness Centre, Party Room, Smart Home technologies contact: Tridel.com location: Dupont and Howland
Greater Toronto Area Dec. 5, 2020–Jan. 16, 2021
Greater Toronto’s COMPLETE CONDO GUIDE
The Rose Hill Condos New Capital North Communities condo in Vaughan launching soon nexthome.ca | myhomepage.ca
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WHERE MORTGAGE RATES ARE HEADED IN 2021
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HOT PROPERTIES | GREATER TORONTO AREA
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58 condolife magazine | July 16–Aug. 13, 2022
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MAPS
CARTOGRAPHY: MARKETMAPS.COM
Match the map numbers with property listings on the following Hot Properties page
nexthome.ca 59
HOT PROPERTIES
FIND YOUR NEXT HOME
The latest properties in the Greater Toronto Area to keep your eye on
Legend: HR = High Rise CTH = City Home MR = Mid Rise LO = Loft LR = Low Rise LW= Live Work PH = Penthouse RH = Row Home TH = Townhouse
MAP 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30. 31. 32. 33. 34. 35. 36. 37. 38. 39. 40. 41. 42. 43. 44. 45. 46. 47. 48. 49. 50. 51. 52. 53. 54. 55. 56. 57. 58. 59. 60. 61. 62. 63. 64. 65. 66.
LOCATION
SITE
TYPE
ADDRESS
CONTACT
Etobicoke..............................Mirabella ........................................................... HR ......................... 1926 Lake Shore Blvd. W. ..............................................mirabellacondos.ca Etobicoke..............................Westerly ............................................................ HR ......................... Islington & Dundas............................................................................tridel.com Etobicoke..............................Curio Condos .................................................. MR ......................... 801 The Queensway.......................................................... marlinspring.com Etobicoke..............................Humberwood Heights ........................... CTH/FTH ................... 50 Humberwood Blvd. .......................................tributecommunities.com Etobicoke..............................Cypress at Pinnacle Etobicoke ................... HR ......................... 5475 Dundas St. W. ................................................pinnacleinternational.ca Etobicoke..............................Verge ................................................................. MR ......................... Islington & The Queensway ........................................... vergecondos.com Etobicoke..............................36 Zorra Condominiums.............................. MR ......................... 36 Zorra................................................................... altreedevelopments.com Markham/Unionville..........Panda Markham ............................................. HR ......................... 8200 Warden Ave. ............................................lifetimedevelopments.com Markham/Unionville..........Varley Condo Residences .............................LR.......................... 20 Fred Varley.........................................................tributecommunities.com Markham...............................Canvas on the Rouge.................................... MR ......................... Donald Cousens Pkwy & Ninth Line ................................. flatogroup.com Markham...............................Gallery Towers at Downtown Markahm .. HR ......................... 162 Enterprise Blvd. .................................................downtownmarkham.ca Mississauga ..........................Perla Towers and Amber at Pinnacle Uptown HR ......................... 5044 Hurontario St. ..............................................pinnacleinternational.ca Mississauga ..........................Oro, at Edge Towers ..................................... HR ......................... 24 Elm Dr.W..........................................................................................solmar.ca Mississauga ..........................Artform Condos.............................................. MR ......................... 86 Dundas St. E. ............................ artformbyemblemdevelopments.com Mississauga ..........................Gemma at Pinnacle Uptown....................... HR ......................... 5044 Hurontario St. .................................................... pinnacleuptown.com North York ............................Express 2........................................................... MR ......................... Tippett Rd./Wilson subway............................................express2condos.ca North York ............................M2M ................................................................... MR ......................... Yonge & Finch ..................................................................... m2mcondos.com North York ............................The DIamond .................................................. HR ......................... 5336 Yonge St.................................diamond.diamantedevelopment.com Oshawa .................................U.C. Condos..................................................... HR ......................... Simcoe St. N. & Winchester Rd. W. ....................tributecommunities.com Scarborough ........................Pinnnacle Toronto East ............................... HR ......................... 3260 Sheppard Ave. E. .........................................pinnacleinternational.ca Scarborough ........................FourMe .............................................................. HR ........................ Markham Rd. & Ellesmere ............................................fourmecondos.com Scarborough ........................Highland Commons ...................................... MR ......................... 1625 Military Trail..............................................thehighlandcommons.com Toronto .................................111 River St. Condos ...................................... HR ......................... 111 River St. .........................................................lifetimedevelopments.com Toronto .................................200 Queens Quay W. .................................... HR ......................... 200 Queens Quay W. ......................................lifetimedevelopments.com Toronto .................................Lawrence Hill Urban Towns .......................CTH........................ Don Mills & Lawrence ................................. lawrencehillurbantowns.com Toronto .................................489 Wellington St. W. ................................... HR ......................... 489 Wellington St. W. .......................................lifetimedevelopments.com Toronto .................................500 Dupont St. ............................................... MR ......................... 500 Dupont St. ...................................................lifetimedevelopments.com Toronto .................................Aqualuna at Bayside ..................................... HR ......................... 200 Queens Quay East ...................................................................tridel.com Toronto .................................Artistry Condos ............................................... HR ......................... 292 Dundas St. W. ..................................................tributeartistrycondos.ca Toronto .................................Panda Condos................................................. HR ......................... Yonge & Dundas. ...............................................lifetimedevelopments.com Toronto .................................Skytower at Pinnacle One Yonge .............. HR ......................... 1 Yonge St. ...............................................................pinnacleinternational.ca Toronto .................................The Prestige at Pinnacle One Yonge ....... HR ......................... 1 Yonge St. ...............................................................pinnacleinternational.ca Toronto .................................Tridel at the Well ........................................ MR/HR ..................... Spadina Ave. & Wellington St. .....................................thewelltoronto.com Toronto .................................Via Bloor ........................................................... HR ......................... Bloor & Parliament. ...........................................................................tridel.com Toronto .................................The PJ Condos ............................................... HR ......................... 283 Adelaide St. W..................................................pinnacleinternational.ca Toronto .................................36 Eglinton Ave. W. ....................................... HR ......................... 36 Eglinton Ave. W. ..........................................lifetimedevelopments.com Toronto .................................Linx Condominiums ...................................... HR ......................... Danforth & Main ................................................ tributecommunicties.com Toronto .................................Y&S Condos .................................................... HR ......................... 2161 Yonge St. .......................................................tributecommunities.com Toronto .................................Burke Condos ................................................. HR ......................... Bloor & Sherbourne ..................................................... burkebyconcert.com Toronto .................................MRKT Alexandra Park .................................MR HR...................... Dundas & Spadina .............................................................................tridel.com Toronto .................................181 East ............................................................. HR ......................... 181 Sheppard Ave. East ...................................................................stafford.ca Toronto .................................Avenue & Park ................................................. MR ......................... Avenue Rd. & Bedford .....................................................................stafford.ca Toronto .................................50 at Wellesley Station.................................. HR ......................... 50 Wellesley St. East ................................................................pureplaza.com Toronto .................................No. 1 Yorkville.................................................. HR ......................... 1 Yorkville Ave............................................................................pureplaza.com Toronto .................................Theatre District Residences......................... HR ......................... Adelaide & Widmer ..................................................................pureplaza.com Toronto .................................Bijou on Bloor ................................................. MR ......................... 2450 Bloor St. West..................................................................pureplaza.com Toronto .................................The Briar on Avenue .....................................CTH........................ 368 Briar Hill Ave. .....................................................................pureplaza.com Toronto .................................One Seventy .................................................... HR ......................... Spadina & Queen St. West ......................................................pureplaza.com Toronto .................................King West & Charlotte ................................... HR ......................... King St. West & Charlotte........................................................pureplaza.com Toronto .................................Forest Hill Private Residences..................... MR ........................ 2 Forest Hill Rd. ...................................................... foresthillresidences.com Toronto .................................Oscar Residences ........................................... MR ......................... 500 Dupont St. W. at Bathurst...................................oscarresidences.com Toronto .................................Whitehaus ........................................................ HR ......................... Yonge & Eglinton ...............................................lifetimedevelopments.com Toronto .................................Liberty Market Tower..................................... HR ......................... 171 East Liberty St. .............................................lifetimedevelopments.com Toronto .................................XO Condos....................................................... MR ......................... King & Dufferin...................................................lifetimedevelopments.com Toronto .................................The Georgian .................................................. MR ......................... Gerrard & Parliament.......................................................................stafford.ca Toronto .................................The Dupont ..................................................... MR ......................... Dupont & Ossington.........................................................................tridel.com Toronto .................................Bianca Condos................................................ MR ......................... 420 Dupont St ....................................................................................tridel.com Toronto .................................225 Jarvis Street Condos ............................ HR ......................... Dundas St. East & Jarvis ............................................................amexon.com Toronto .................................LeftBank ............................................................ HR ......................... River St. & Dundas St. East..................................................... broccolini.com Toronto .................................The Residences of Central Park ................. HR ......................... Sheppard Ave. East & Leslie ................................. centralparktoronto.com Toronto .................................The Dawes at Main Street ............................ HR ......................... Danforth & Main St. ..................................................................thedawes.com Toronto .................................Queen Church Condos ................................ HR ......................... 60 Queen St. East. .............................................................queenchurch.com Vaughan ................................Park Avenue Place 1 & 2 ............................... HR ......................... Jane St. & Rutherford Rd. ................................................................solmar.ca Vaughan ................................The Vincent...................................................... MR ......................... Jane St. & Hwy. 7 ........................................................................ thevincent.ca Vaughan ................................The Rose Hill Condos ................................... MR ......................... 177 Woodbridge Ave.......truecondos.com/capital-north-communities Vaughan ................................SXSW Condos .................................................. HR ......................... Islington & Steeles..........................................................primonthomes.com
MAPS
Locate properties using the map on the previous page
60 condolife magazine | July 16–Aug. 13, 2022
+
BUILDERS IF YOU WOULD LIKE TO INCLUDE YOUR PREVIEW REGISTRATION, NEW RELEASE OR SITE OPENING IN THIS FEATURE, JUST EMAIL THE DETAILS TO EDITORIAL@NEXTHOME.CA
HOT PROPERTIES | OUT OF TOWN
FIND YOUR NEXT HOME
The latest properties in the Out of Town Area to keep your eye on
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nexthome.ca 61
HOT PROPERTIES | SOUTHWESTERN ONTARIO AREA
KITCHENER–WATERLOO
Guelph
Waterloo
Milton
Kitchener
Cambridge
5
Brantford
Hamilto n 11
4
13
14 1 12
LONDON
15
London
62 condolife magazine | July 16–Aug. 13, 2022
2 3
Mississauga
17
20 18
Oakville 19
6
MAPS Match the map numbers with property listings on the following Hot Properties page
7
Burlington
23 10
16
21
St Catharines22
Niagara Falls
8
24
Welland
CARTOGRAPHY: MARKETMAPS.COM
9
nexthome.ca 63
HOT PROPERTIES
Find your next hOme
The latest properties in the Southwestern Ontario Area to keep your eye on
Legend: HR = High Rise CTH = City Home MR = Mid Rise LO = Loft LR = Low Rise LW= Live Work PH = Penthouse RH = Row Home TH = Townhouse
map
location
site
type
address
contact
1.
Ancaster ................................Meadowlands ............................................MR/CTH .................... 559 Garner Rd E ................................................................ elitemdgroup.com
2.
Brampton..............................DUO Condos ................................................... HR ......................... Malta Ave. & Steeles Ave. .........................................................duocondos.ca
3.
Brampton..............................Bristol Place ..................................................... HR ......................... 199 Main St. North..............................................................................solmar.ca
4.
Brantford...............................Station Sixty Lofts .......................................... MR ......................... 60 Market St. S................................................................... elitemdgroup.com
5.
Burlington ............................Affinity Condos ............................................... MR ......................... Plains Rd. E. & Filmandale Rd. ............................... rosehavenhomes.com
6.
Burlington ............................Millcroft Towns .............................................CTH........................ Appleby Line & Taywood Dr. .............................branthavenmillcroft.com
7.
Burlington ............................Gallery Condos & Lofts ................................ HR ......................... Brant St. & James St. .............................................gallerycondominiums.ca
8.
Fonthill ..................................One Twenty Condos .....................................LR.......................... Rice Rd. & Highway 20 ................................................... mountainview.com
9.
Fonthill ..................................One Fonthill Condominium Collection .. MR ......................... Rice Rd .......................................................................onefonthillcondos.com
10.
Grimsby.................................Odyssey Condos & Towns ..................... HR/CTH .................... Windward Dr. & N Service Rd. ................................ rosehvaenhomes.com
11.
Grimsby.................................Century Condos ............................................ HR ......................... Main St. East & Baker St. South....................................desantishomes.com
12.
Hamilton ...............................1 Jarvis .............................................................. HR ......................... 1 Jarvis................................................................................................1jarvis.com
13.
Hamilton ...............................KiWi Condos ................................................... HR ......................... 212 King William St................................................................kiwicondos.com
14.
Hamilton ...............................Steeltown City Co. ...................................MR/CTH .................... Fennell Ave. E. & Upper Ottawa St. .............................. elitemdgroup.com
15.
London ..................................White Oaks Urban Towns ...........................CTH........................ London ................................................................................ elitemdgroup.com
16.
Niagara Region ...................Lusso Urban Towns ......................................CTH........................ Martindale Rd. & Grapeview Dr. .............................. lucchettahomes.com
17.
Oakville .................................The Greenwich Condos at Oakvillage ..... MR ......................... Trafalgar Rd. & Dundas.........................................................branthaven.com
18.
Oakville .................................Synergy ............................................................ MR ......................... McCraney St. E. & Sixth Line ..............................................branthaven.com
19.
Oakville .................................The Randall Residences ............................... MR ......................... Randall St. & Lakeshore Rd. E. .............................. randallresidences.com
20.
Oakville .................................Upper West Side at Oakvillage .................. MR ......................... 351 Dundas St. E. ................................................. upperwestsidecondos.ca
21.
Oakville .................................Greenwich Condos at Oakvilage............... HR ......................... Trafalgar Rd. & Dundas St. ...................................................branthaven.com
22.
St. Catharines.......................St. Kitt Urban Towns .....................................CTH........................ Oakdale Avenue & Merritt Street ......................... st.kittsurbantowns.com
23.
Stoney Creek ......................Casa Di Torre .................................................. MR ......................... 980 Queenston Rd................................................................branthaven.com
maps
Locate properties using the map on the previous page
64 condolife magazine | July 16–Aug. 13, 2022
+
Builders If you would lIke to Include your prevIew regIStratIon, new releaSe or SIte openIng In thIS feature, juSt emaIl the detaIlS to editOrial@nexthOme.ca
ADVERTISER INDEX — Find ads easily inside this edition 52 Pick Up ................................................................................... 1 6 Allegro – Geranium .................................................................... 9 Black & Decker ....................................................................57, 65
Enter our Sign-Up to Win Contest! BLACK+DECKER™ Prize Value: $149.99
Bristol Place – Solmar .........................................................3, 56 Central Park – Amexon .................................................... 56, 67 Channel 13 ................................................................................. 1 5 Design District, The – Emblem .........................................5, 56 Elia – Stateview Homes ............................................................1 1 Gallery Tower – Remington Group ...............................56, 68 Gladstone ................................................................................... 1 3 McOuat........................................................................................ 1 4 Queen Church – Bazis / Tridel ..........................................2, 57
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Amexon ................................................................................ 56, 67 Bazis .........................................................................................2, 57 Emblem ...................................................................................5, 56 Geranium ...................................................................................... 9
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Remington Group ..............................................................56, 68 Solmar .....................................................................................3, 56 Stateview Homes .......................................................................1 1 Tridel ........................................................................................2, 57
www.blackanddecker.ca |
@blackanddeckerca nexthome.ca 65
ADVICE | INDUSTRY REPORT
BILD AWARDS CELEBRATE PEOPLE AND COMPANIES THAT SHAPE THE GTA
DAVE WILKES On June 22, the GTA’s building and development industry gathered for the BILD Awards, which recognize excellence in the design, construction, marketing and sales of new homes in the GTA. As always, excitement and inspiration were in the air as we celebrated the remarkable people and dynamic companies shaping our region. Stephen Diamond, CEO of DiamondCorp, received the Lifetime Achievement Award, the highest honour BILD can award to a member. Diamond is a visionary industry leader who has been an invaluable resource for BILD and has generously served with many community organizations. In 2019, he was appointed Chair of Waterfront Toronto jointly by all three levels of government. Tridel was named Homebuilder of the Year, Mid/Highrise, while Brookfield Residential received the title of Homebuilder of the Year, Lowrise. The category recognizes builders who set the standard for the rest of the industry through their professionalism and dedication to excellence. Tridel also took home the title of Green Builder of the Year, Mid/ Highrise, the 11th time since 2010 that the company has earned a Green Builder of the Year Award. SEAN was named Green Builder of the Year, Lowrise. Canary Landing, a joint project by BILD members Dream Asset Management Corp., Kilmer Group
66 condolife magazine | July 16–Aug. 13, 2022
Cielo Condos
and Tricon Residential, was named Best New Community, Planned/Under Development. King George School Lofts and Town Homes, a Newmarket development by The Rose Corp., was chosen as Best Community, Built. The award for Project of the Year, Mid/Highrise, went to Menkes Developments for the Grand Festival project in Vaughan, while the award for Project of the Year, Lowrise, went to Bloom in Seaton, a townhouse development by Mattamy Homes. Bloom in Seaton also received the People’s Choice Award, which is voted on by the public. BentallGreenOak Residential (BGO) received BILD’s Diversity, Equity & Inclusion (DE&I) Award in recognition of its bold action on DE&I across its corporate teams and its residential properties. National Homes took home the Angelo DelZotto Fearless Innovator Award for its pioneering manufacturing and use of Panergy Wall Solutions, a building envelope system with a low carbon footprint. Greenwin received the Stephen Dupuis Corporate Social Responsibility Award for its work in community safety, food security, empowerment and connection.
Debbie Cosic, founder and CEO of In2ition Realty, was this year’s recipient of the Ignat Kaneff Inspiration Award, for her mentorship of industry professionals and her philanthropy with community organizations. Julie Di Lorenzo, president of Diamante Urban Corporation, received the Riley Brethour Leadership Award, for her outstanding professional achievement and leadership in the industry. In addition to these very special awards, BILD presented 33 awards in the categories of marketing, architecture, people and sales, and the prestigious Pinnacle category. Visit bildawards.com for a full list.
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.
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