May 18 - Jun 1, 2013 Volume 17 Issue 10
C re at e your m om ent s a t
INSIDE THIS ISSUE
CONDO MARKET CONTINUES TO BALANCE
HOMEOWNERS SELECT THE INDUSTRY’S FINEST
BILD CONFERS ANNUAL AWARDS
11'-0"
DINING
D/W
13'-8"
MASTER BEDROOM
F
LIVING 13'-8"
MC
L
FC
W.I.C.
18'-10"
BALCONY 10'-0"
3'-8"
W
BEDROOM
D
9'-3"
2F 15
1C+D 01
1F+D 14
1G+D 03
1D+D 13
1D+DR 04
1E+D 12
1D+D 05
*Prices and specifications are subject to change without notice. Illustrations are artist’s concept only. S2 to Building and view not to scale. **As per suite design. All dimensions are approximate and subject 11 normal construction variances. Dimensions may exceed the usable floor area. Furniture is for illustration purposes only and does not necessarily reflect the electrical plan for the suite. Suites are sold unfurnished. 2B 10 Tridel®, Tridel Built for Life®, Tridel Built Green. Built for Life.® are registered trademarks of Tridel and 1A 08 used under license. ©Tridel 2013. All rights reserved. E.&O.E. May 2013.
2F
2D+D 02
839 sq. ft.* $519,000*
S1 06 2A 07 Facebook.com/Tridel
FLOORS 7TH-23RD
Twitter.com/Tridel
2F 15 tridel.com
DESIGNED FOR MODERN LIVING
PRICES STARTING
SUITES FROM $285,000* Parking Available PRESENTATION CENTRE
2611 YONGE STREET AT SHELDRAKE BLVD. North of Eglinton CONTACT US
PHONE 416.480.0700 WEB TRIDEL.COM
101erskine@tridel.com
PRESENTATION CENTRE HOURS: Monday to Thursday, 11 am – 7 pm Friday Closed Weekends & Holidays, 12 noon – 6 pm A Tridel Built Green. Built for Life.® community.
Discover our highly anticipated cosmopolitan tower suites The 2F corner suite at 101 Erskine maximizes your living space with a split 2-bedroom layout and 2 full-sized bathrooms. Enjoy modern styling with a spacious living and dining room, smooth ceilings**, and an expansive balcony with spectacular views of the city. Enjoy the luxurious amenities offered at 101 Erskine, as well as being conveniently located steps from shopping, dining and entertainment.
Discover our smartly designed cosmopolitan tower suites
tridel.com
Yorkville’s biggest success story.
LIVE THE DREAM.
The Best Yorkville * Address TheFrom Mid $300’s Elegant urban suites with Toronto’s most fashionable boutiques, restaur ants, galleries and nightlife at your doorstep. HAZELTON AVE.
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BAY ST.
CUMBERLAND ST.
BELLAIR ST.
located beside the driveway entr ance of the former Four Seasons Hotel at Avenue Road and Cumberland.
YORKVILLE AVE. four seasons hotel
PEDESTRIAN PATHWAY
162 Cumberland St.
AVENUE RD.
SALES OFFICE:
SCOLLARD ST.
occupancy scheduled for 2014
Visit Our Sales Office Today
FOR OUR LIMITED TIME ONLY INCENTI V ES
416-966-3003 | YORKVILLEPLAZA.COM
Hours Of Oper ation Monday - Thursday: 12:00 - 6:00pm Saturday - Sunday: 12:00 - 5:00pm Friday: Closed *For a limited time. Prices, specifications and offerings are subject to change without notice. On select units. See sales representative for details. E. & O.E. Brokers protected. Illustrations are Artist’s Concept only.
Follow us on
@Camrost
editor’s note
buyers’ opportunity
Low interest rates put you in control
Susan Legge
Editor-in-chief
Wall2Wall Media Susan.Legge@wall2wallmedia.com Follow me on Twitter at Twitter.com/SusanLegge
The Bank of Canada’s recent announcement to hold interest rates is good news for home shoppers. There are many excellent mortgage products available from banks and brokers that will suit your individual needs, and some are even lower than posted bank rates. With a pre-approval in hand, you’re protected if rates rise, and if they go down, you’ll likely get an even lower rate. A pre-approval can be a win-win situation for shoppers since it means you don’t have to wait to get financing approval on a home when you put in an offer. This is an
especially good tool to have in hot markets. Removing the “conditional on financing” clause could mean your offer is accepted first, since you already have your financing in place. So, when will rates rise? Recently, we’ve been hearing that rates may not see an increase until next year at least. The Bank will make its next scheduled rate announcement on May 29 – but don’t wait until then to get pre-approved for a mortgage. It can take a few days. Many lenders now offer online pre-approvals to make the process easier.
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Buying your first condo? GTA is blessed with abundance
Wayne Karl
Editor
Wall2Wall Media wayne.karl@wall2wallmedia.com Follow me on Twitter at Twitter.com/WayneKarl
002 new Condo Guide may 18 - jun 1, 2013
To each his own, as the saying goes, and when it comes to choosing what type of condo to purchase, today’s buyers have plenty of options. For some, choices are dictated primarily by budget, location or family circumstances; for others, financial freedom and where they are in life may allow them to select according to project type, suite size and other factors. Indeed, the answer to this question varies and depends on many factors. One common mistake buyers – particularly first-timers – make is buying more home than they can handle. Experts agree making yourself house-poor is not a wise decision, and
the best news is that with the variety of product available from builders today, you are sure to be able to find a new condo that suits your taste and budget. It’s also important to remember that homeowners buy and sell many times over in their lifetime, so if your first or second home isn’t quite your dream home, you can always plan to move up, downsize or adjust however you need to in your homeowning future. And as our story on page 58 illustrates, GTA condo builders offer excellent, award-winning projects to suit just about everyone. Get out there and explore!
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WeekenDs & holiDAYs
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FriDAYs BY AppoinTMenT
* See sales representative for details. On select suites, limited time only. Prices and specifications subject to change without notice. E. & O.E. Brokers protected. All images are artist concept.
Follow us on
@Camrost
may 18 - jun 1, 2013 new Condo Guide 003
new condo guide
contributors
Vice-President, Wall2Wall Media
Jacqueline Hill Sales Manager
Conni Robinson Associate Publisher, SWO New Homes & Lifestyle Communities
Susan Maxwell Editor-in-Chief, National Real Estate
Susan Legge Art Director
Sarah Jang Editor
Wayne Karl Lydia McNutt (on leave) BILD Report
Legally Speaking
style file
Bryan Tuckey
Jayson Schwarz
Yanic Simard
Bryan Tuckey is president and CEO of the Building Industry and Land Development Association (BILD) and can be found on Twitter (twitter.com/bildgta), Facebook (facebook.com/ bildgta), Youtube (youtube.com/bildgta) and BILD’s official online blog (bildblogs.ca).
Jayson Schwarz LL.M is a Toronto real estate lawyer and partner in the law firm Schwarz Law LLP. Visit the website at schwarzlaw.ca or email info@schwarzlaw.ca.
Yanic Simard is New Condo Guide’s design editor and the principal designer of the Toronto Interior Design Group, specializing in residential and commercial projects. Simard has created designs for clients in Toronto, Montreal and Miami, and appears as a regular guest expert on Citytv’s CityLine. Visit tidg.ca
Contributing Editors
Sara Duck Elisa Krovblit Design Editor
Yanic Simard Senior Account Executive
Dionne Fraser
dionne.fraser@wall2wallmedia.com
Senior Account Executive
Nina Downs
nina.downs@wall2wallmedia.com
Sales & Marketing Co-Ordinator
Terry Bassett Administrative Assistant
Antoinette Jackson Production Manager
Bala Gnanapandithan Production Co-Ordinator
Sandra Hanak-Vujnovic Graphic Designers
Caroline Wassef, Mike Terentiev, Sandra Hanak-Vujnovic National Account Manager, Mediative
Calum Ross
Condo pro
Barbara Lawlor
Paul Slizys
Calum Ross is senior vice-president and practicing mortgage agent with The Mortgage Centre. He has appeared on Canada AM, Investment Television, BNN and Citytv. He holds an MBA in finance and is an accredited mortgage professional. He can be reached at 416.410.9905.
Barbara Lawlor is president 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 condominium developments in the GTA and overseas.
Published By
on the move
Mortgage Finesse
Dan Hopkins is chief operating officer at Two Men and a Truck Canada. For more information visit twomenandatruck.ca
Dan Hopkins
Wall2Wall Media is a Trademark of Yellow Pages Group Co. In Canada.
#500-401 The West Mall Etobicoke, On M9c 5j5 T 416.626.4200 F 416.784.5867
Call 416.626.4200 for advertising rates and information. Circulation Free distribution in select high-traffic street boxes, stores, banks, financial institutions and select condominium sales offices. Copyright 2013 All rights reserved by Wall2Wall Media. Reproduction in any form is prohibited. Contents of this publication are covered by copyright and offenders will be prosecuted under the law. Terms Advertisers, editorial content and new condo guide are not responsible for typographical errors, mistakes or misprints. All prices are correct as of press time and are subject to change without notice. E. & O. E. Editorial submissions from interested parties will be considered. Email to susan.legge@wall2wallmedia.com. The views and data expressed by columnists do not necessarily represent those of the publication. Advertising
money matters
Taxing Issues
quick tips
Gail Vaz-Oxlade is the host of Til Debt Do Us Part, author of Debt Free Forever and blogs daily at gailvazoxlade.com. Follow Gail on Twitter at twitter.com/GailVazOxlade
Henry Choo Chong is a certified general accountant. Henry sits on many committees and provides accounting and tax advice to individuals and businesses in the GTA. Email your tax questions to Taxing Issues at choochonghcga@yahoo.ca
Hellen Buttigieg, CPO, is a certified professional organizer, life coach, TV host and owner of We Organize U. Visit her website, WeOrganizeU.com, for a free e-Book on how to find more time, energy and inner peace. Contact Hellen at 905.829.2219 or info@WeOrganizeU.com
Gail Vaz-Oxlade
Henry Choo Chong
004 new Condo Guide may 18 - jun 1, 2013
Hellen Buttigieg
Please recycle this magazine! Wall2Wall Media participates in the Partners in Growth Reforestation Program through St. Joseph Communications. To date, Partners in Growth has planted over 2.5 million trees in parks, recreation and conservation areas, and other public spaces across Canada. Established in 1990, this program was started with Scouts Canada to help replenish the environment.
Direct subway access ECONDOS.CA
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Condominium Residences at the northeast corner of Yonge & Eglinton Starting from the low $300’s Presentation Office located at 2300 Yonge Street, Lobby Exclusive Listing: Baker Real Estate Incorporated, Brokerage. Brokers Protected.
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Rendering is artist’s concept. Prices and specifications are subject to change without notice. E. & O.E. *If purchaser qualifies for special promotion/deposit bond offered by the Guarantee Company of North America.
416.243.8688 may 18 - jun 1, 2013 new Condo Guide 005
006 new Condo Guide may 18 - jun 1, 2013
may 18 - jun 1, 2013 new Condo Guide 007
COMING SOON CONDO LIVING WITH A DOWNTOWN VIBE INTRODUCING MISSISSAUGA’S EXCITING NEW MASTER PLANNED URBAN COMMUNITY, JUST STEPS TO THE VIBRANT ERIN MILLS TOWN CENTRE WITH OVER 180 SHOPS, DINING AND SERVICES. LIVE NEAR EXISTING PARKS, TRAILS, PUBLIC TRANSIT AND SCHOOLS. DOWNTOWN ERIN MILLS OFFERS A FINE COLLECTION OF URBAN CONDOMINIUM DESIGNS AND INSPIRED AMENITIES. SUITES FROM THE MID $200’s
REGISTER NOW DOWNTOWNERINMILLS.COM Exclusive Listing Brokerage Circle M Realty Corporation. Prices and specifications are subject to change without notice. Illustration is artist’s concept E.&O.E.
008 new Condo Guide may 18 - jun 1, 2013
COMING SOON TO RICHMOND HIll
AN EXCITING NEW PHASE OF URBAN LIVING AT YONGE & HIGHWAY 7 SkyCity 2 continues the excitement of living in Richmond Hill’s finest master-planned community, with elegant suite designs and gorgeous amenities.
Inspired Condominium Living from the low $300’s
REGISTER AT SKYCITYCONDOS.COM OR CAll 905.709.5700 Exclusive Listing Brokerage Circle M Realty Corporation, Brokerage. Prices and specifications are subject to change without notice. Illustration is artist’s concept E.&O.E.
may 18 - jun 1, 2013 new Condo Guide 009
bild report
Celebrating quality
Bryan Tuckey is President and CEO of the Building Industry and Land Development Association (BILD) and can be found on Twitter (twitter.com/bildgta), Facebook (facebook.com/bildgta), Youtube (youtube.com/bildgta) and BILD’s official online blog (bildblogs.ca).
O
n Friday, April 26, more than 1,100 industry professionals gathered for a much-anticipated event, the 33rd annual BILD Awards, which recognizes the GTA’s best new homes and communities in 48 categories ranging from marketing campaigns to architectural design and community building. 010 new Condo Guide may 18 - jun 1, 2013
// By bryan tuckey
communities in the GTA The prestigious Home Builder of the Year award was given to Tridel for the company’s focus on quality, superior customer service, innovation and commitment to green building. The company also shows industry leadership, builds partnerships and contributes to the community. A key component of the judging process for this award is a customer satisfaction survey completed by recent occupants of the builder’s communities. In the Green Builder of the Year category, the Minto Group and Times Group were the winners. Minto was recognized in the lowrise sector for its belief in the power of collaboration, continuous improvement and making the world a better place. The company’s environmental policy states “Minto believes that it has a corporate responsibility to the environment and that actively pursuing green initiatives is compatible with growth and prosperity.” In the highrise sector, Times Group was rewarded for its commitment to sustainability and for adopting green construction practices and technologies early. The company develops sustainable communities and provides support to local conservation associations. Our other pinnacle awards include the Place to Grow Community of the Year Awards. Kylemore Communities was awarded top honours in the lowrise category for its Angus Glen Community development, while Liberty Developments was recognized for Centro Square Condos on the highrise side. Massey Tower by MOD Developments and Edition Richmond by Curated Properties were selected as the year’s top projects in the lowrise and highrise categories, respectively. INDX Condos by Lifetime Developments and CentreCourt Developments was selected as the winner of the People’s Choice Award. We had more than 1,300 people vote during an online public engagement campaign. We presented the second annual Stephen Dupuis Community Building Award to Lucy Stocco of Tribute Communities in recognition of her community service efforts. A recent recipient of the Queen’s Diamond Jubilee Medal, Lucy was selected because she is an industry and community leader, as well as exceptionally dedicated to giving back to the communities she has built. The Riley Brethour Award for outstanding and consistent professional achievement in residential sales and marketing was presented to George Carras, owner of RealNet Canada Inc. He is a past winner of BILD’s Member of the Year award and exhibits consistent leadership and involvement in the improvement of the industry and the Association. In a special dedication, the Association recognized Joseph Lebovic of Lebovic Enterprises Ltd. with the prestigious BILD Lifetime Achievement Award. A well-deserved award from his peers, he has dedicated his life to building quality complete communities across the GTA and is a champion of the industry. There is a list of all of the winners on bildawards.com – find out if your home or neighbourhood was recognized and celebrate with us.
Where British Elegance Meets 5-Star Service ★
★
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THE ICONIC SUTTON PLACE HOTEL RE-ENVISIONED WITH BRITISH ELEGANCE & EXECUTIVE SERVICES. The historic Sutton Place Hotel at Bay & Wellesley, just steps to Bloor-Yorkville, will be re-envisioned as The Britt Condominiums with British inspired design and spectacular amenities. Along with its rich legacy and contemporary elegance, The Britt will offer its residents an unparalleled array of Executive Services delivered with superlative efficiency and style. 5-STAR EXCLUSIVE AMENITIES & SERVICES WITH THE BRITT VIP ACCESS CARD.
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Visit our Spectacular Presentation Centre and Tour 2 Beautiful Model Suites Today. CONDOMINIUMS FROM THE $270’s THEBRITTCONDOS.COM 416.926.1669
Exclusive Listing Broker Milborne Real Estate Inc. Brokers Protected. Marketing Management by Anne Lambrou Living Visions Inc. Prices and specifications subject to change without notice. Illustrations are artist’s concept. E.&O.E.
011
table of contents
May 18 to June 1, 2013 volume 17 issue 10
20
Concord Park Place
Create your moments at Opus
138
columns, news & features 002 Editor’s note Columnists
010 bild report Celebrating quality communities in the GTA by bryan tuckey
026 taxing issues Capital expenditures and deductible expenses
044 quick tips Play catch-up this summer, make the most of your time
138 style file Bringing home mid-century modern design
030 mortgage finesse Is paying off your mortgage bad for your net?
056 fundamentally speaking Watch the changing retail landscape
142 scrumpdillyicious Banana layer cake with cream cheese frosting
by henry choo chong
by calum ross
014 legally speaking Not every lawyer is a real estate lawyer
032 Condo pro Home safe home
016 tarion report New-home owners honour the industry’s best
033 Money matters To consolidate or not to consolidate?
by jayson schwarz
by howard bogach
by barbara lawlor
by gail vaz-oxlade
by hellen buttigieg
by wayne karl
118 Make Your Move Sort, downsize and organize now for a stress-free summer by dan hopkins
120 designer touch Designer spring cleaning by erica gelman
by yanic simard
by Leslie styles
In The News
028 urbanation Toronto condo market continues to rebalance 038 Toronto waterfront Waterfront BIA sets out to ease construction stress
54 052 bmo U.S. growth to drive momentum in Ontario 058 BILD Awards Quality projects take centre stage at 33rd annual awards 064 Tridel wins two major awards in the same week
condo profiles 74
068 TD canada trust Advice for parents on applying tough financial love
concert real estate
88 Scott 88 Scott wins honours at Toronto’s BILD Awards
070 pei partnership & tower hill unveil modernist condo – 2221 Yonge St. 076 bmo What Canadians look for in a new-home location
74
elad canada
106
088 skyline Skyline completes acquisition at Blue Mountain
lindvest properties
B.streets Get real in the heart of the Annex
112
Features
112
102 Feature Designs for living: putting end-users first
The Madison The Madison constructs a $50,000 savings
yyzed project management
Homebuyers’ Help
by Sara duck
Madison homes
122
by ian Pianosi
082 the scoop Décor news, inspiration, style and more
Dream Tower What is location worth in today’s market?
106
116 curated properties Edition/Richmond named Project of the Year 080 buyer profile Savvy investor thinks King Blue will be best buy yet
54
Visto There’s no limit to the places Visto can take you 122
090 condo watch 416 Previews, new releases and grand openings in the 416 area
130
the daniels corporation
110 style file Pack a picnic
FirstHome Hazelton Place Phase Two goes on sale May 25
114 homebuyers’ help Buying your first condo
134
by Sara duck
124 condo watch 905 Previews, new releases and grand openings in the 905 area
pemberton group
130
145 Condo Buyers’ Resource Section You love the home, see what you can afford 150 Index of advertisers
134
Downtown Erin Mills There’s a new vibe at Downtown Erin Mills
legally speaking
Not every lawyer is a real estate lawyer
Jayson Schwarz LL.M. is a Toronto real estate lawyer and partner in the law firm Schwarz Law LLP. Visit schwarzlaw. ca or email info@schwarzlaw.ca and give us your questions, concerns, critiques and quandaries.
N
ot all lawyers are created equal. If you needed a heart surgeon, you certainly would not go to see a podiatrist. By the same token, lawyers generally have expertise in one area greater than another. Do not believe that the granting of a law degree instantly bestows knowledge of all laws on the head of a lawyer. The first thing you need to do to find a lawyer is the same thing you ought to be doing to find a home – research! Where do you look? Start with media and look in magazines (editor’s note – you already have your issue of New Condo Guide, so you’re off to a good start!), newspapers, listen to radio, watch real estate television. Generally speaking, the lawyers who appear in public, speaking or writing about real estate, are thought to be experts in the area. Go to seminars and listen to
014 new Condo Guide may 18 - jun 1, 2013
// by jayson Schwarz
real estate lawyer the speakers. Generally, if a lawyer is taking the time to participate in a seminar, he/she knows what he/she is talking about and is happy to take on new clients that come out of those seminars. Next, go online and check out the websites of different real estate lawyers. Look to see whether they give good, informative advice; whether they give you pricing; and whether they make you feel comfortable. Call the Law Society of Upper Canada, Lawyer Referral Service, which can be found in the telephone book. This service keeps lists of lawyers and refers requesting members of the public to lawyers who practice in the area requested. This just gets you someone in the area. You really need to check them out when referred. Speak to friends who have used a lawyer for the type of service you require and ensure they did the job professionally, courteously and for the price quoted.
Generally, if a lawyer is taking the time to participate in a seminar, he/she knows what he/she is talking about and is happy to take on new clients that come out of those seminars. Who is making the referral? Is the referral coming from a real estate agent, a mortgage broker or a bank? This is not necessarily bad, but you have to be careful. Quite often, lawyers develop relationships with various groups over the years and receive referrals because they do a great job. On the other hand, ensure that your lawyer is independent and will represent your interests even if it puts him/her into an adversarial position with one of those parties. This is quite important, so make sure you get comfortable with this issue before you hire someone. Now to bring this back to the original idea, what you need to understand is that there are general law practitioners just like there are family doctors. What this means is that a lawyer may have a wideranging practice composed of many areas. The smart lawyer who falls into this category knows that if there is a serious issue that arises outside of their expertise they should bring in a specialist, just like your family doctor would. The bad lawyers try to do it all. The general practitioner can probably handle your real estate deal just fine, but make sure he/ she understands any complicated offers and that he/she reviews them carefully, pointing out any problems. Ensure that he/she knows what can be negotiated and what cannot, or you may lose your deal. Remember, your lawyer is a very important part of the process, so take your time and find the right one.
COMING SOON Nestled on the edge of High Park - Toronto’s largest urban park and just steps from the quaint shops and fine dining of Bloor West Village, The Daniels Corporation is excited to introduce
WHERE MODERN URBAN MEETS MOTHER NATURE Yes, this is the actual view from the 14th floor!
A Daniels / WJ Community
The only new condominium within Toronto to offer innovative suites ranging from studio to two bedroom + den designs featuring superior finishes and unobstructed views of over 399 acres of vibrant parkland and beyond. Add to this 18,000 sq. ft. of indoor and outdoor private amenities, unlike any other in the city today, and you’ll quickly see that HighPark Condominiums is Where Modern Urban Meets Mother Nature.
SUITES FROM THE
$300,000s Register Today 416.351.1844 danielshighpark.com
Exclusive Listing: CityLife Realty Ltd. Brokerage. Brokers Protected. Illustrations are artists concepts. Prices, specifications and programs are subject to change without notice. E.&O.E. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without prior written permission of The Daniels Corporation, is strictly prohibited. *Conditions apply. See Sales Representatives for full details. may 18 - jun 1, 2013 new Condo Guide 015
tarion report
New-home owners
// by howard bogach
honour the industry’s best volume category • K lemencic Homes, Trenton – medium volume category • Parry Homes Inc., London – small volume category
Howard Bogach is President and CEO of Tarion Warranty Corp. His column appears monthly in New Condo Guide. For more information about how Tarion helps new-home buyers, visit tarion.com or find us on Facebook at facebook.com/ TarionWarrantyCorp.
O
ntario homeowners have selected the building industry’s finest for Tarion’s 2013 Awards of Excellence. Although it may seem cliché, I think of each of the 20 finalists as true winners because they made it to the top of their categories by providing the very best customer service for their homebuyers. It’s no small feat to be considered as a Tarion Awards of Excellence finalist, as there were 252 builders eligible for an award. I was joined by the Honourable Tracy MacCharles, Minister of Consumer Services at a recent luncheon to honour the finalists. The Minister offered her congratulations to the 2013 Tarion Awards of Excellence recipients for so capably representing Ontario’s building industry. Along with members of Tarion’s Board of Directors, Minister MacCharles and I presented the 2013 Tarion Awards of Excellence to: • Tridel, Toronto – highrise category • Fusion Homes, Guelph – large
016 new Condo Guide may 18 - jun 1, 2013
It’s no surprise to me that many of the award recipients and finalists have been recognized in previous years as leaders in customer service. Providing exceptional service takes commitment and dedication on behalf of everyone involved. For many of these builders, that means investing in a culture of customer service excellence throughout the organization. The awards are based on the results of a comprehensive survey sent to more than 40,000 Ontario homeowners who took possession of a new home between Oct. 1, 2011 and Sept. 30, 2012. More than 6,800 survey responses were received, representing 17 per cent of consumers who bought a new home in Ontario during that time. The results were tabulated by Crunch Research in partnership with Harris Decima. Survey questions covered every stage of the homeowner-builder relationship beginning with the signing of the agreement of purchase and sale, through construction, pre-delivery inspection and after sales service. The Awards of Excellence represent an honour every business person strives for; recognition of a job well done, based on the people whose opinions matter most – their own customers. I consider it a privilege that these are the only awards in Ontario that recognize new home builders exclusively for customer service and congratulate all of the 2013 Tarion Award of Excellence finalists.
2013 Tarion Award of Excellence Finalists and Recipients: Highrise builder category (More than 100 highrise possessions per year) ›› The Daniels Corporation, Toronto ›› Del Ridge Homes, Markham ›› Monarch Corporation, Toronto ›› The Tricar Group, London ›› Tridel, Toronto
Large volume builder category (More than 100 possessions per year) ›› Branthaven Homes, Burlington ›› Fusion Homes, Guelph ›› Menkes Developments Ltd., Toronto ›› Monarch Corporation, Toronto ›› Pidel Homes, Guelph
Medium volume builder category (21-100 possessions per year) ›› Grimesway Construction Ltd., Lindsay ›› Klemencic Homes, Trenton ›› Mirtren Homes of Belleville, Trenton ›› Terra View Homes, Guelph ›› Wrighthaven Homes Ltd., Elora
Small volume builder category (5-20 possessions per year) ›› Marlo Homes Inc., Tecumseh ›› Medway Homes, Arva ›› Parry Homes Inc., London ›› Southridge Heights Inc., Tillsonburg ›› Triple T Holdings Ltd., Peterborough
10K OFF AND 10% DOWN* FOR A LIMITED TIME AT YONGE AND BLOOR Own a home in the sky, and live at the most desirable address in Toronto. With the most inspiring architecture, lavish interiors, and indulgent amenities, One Bloor is quickly becoming the most talked about condominium development in Canada.
NOW UNDER CONSTRUCTION
Exclusive Listing: Baker Real Estate Incorporated, Brokerage. Brokers protected. *Offer available only on select suites. Limited time offer, subject to change or withdrawal without notice. Please see sales rep for full details. may 18 - jun 1, 2013 new Condo Guide 017
018
019
cover story
Create your
Moments At Opus
p
repare to begin a new chapter in your life at Opus, the newest condominium at the vibrant community of Concord Park Place. “Life at Opus is all about living in the moment,” says Brian Fong, senior manager of project marketing at Concord Adex. “Our days are full of the moments that make up our lives. At Opus, you’ll live each moment to the fullest, in Ultra HD with surround sound.” Comprised of two towers, one rising 36 storeys, the second 35 storeys, Opus is designed by Page + Steele/IBI Group Architects and features interiors by figure3. Suites at Opus will range from efficiently designed 475-sq.-ft. compact studios right up to spacious three-bedroom designs of 1,068 sq. ft. All suites boast expansive nine-foot ceilings, extra-large open balconies, high-quality
020 new Condo Guide may 18 - jun 1, 2013
laminate flooring and roller-shade window coverings. Whether you love to prepare gourmet dishes or delight in dashing off a quick meal, your kitchen at Opus will make dining in a pleasure. Kitchens feature Carrara marble backsplashes, composite quartz countertops, thermofoil cabinetry with open display shelves, under-cabinet lighting and Blum soft-close hardware. Your Opus kitchen will also include an undermount stainless steel sink – an expensive upgrade in most condominiums – and a premium appliance package. Washroom features at Opus include polished Carrara marble wall tile and honed Carrara marble floor tile as well as quartz countertops, undermount sinks and custom medicine cabinets with shelving, mirrors and built-in lighting. Beyond your suite, prepare to be dazzled by the amenities Opus has to offer. From a Zen courtyard to a fully equipped fitness gym complete with a children’s play area, Opus has something for everyone. Your furry friend will enjoy the pet spa, while visitors can stay the night in the exclusive guest suites. Host a meeting at Opus’ own meeting room or settle in for alfresco dining in the social quadrangle complete with barbecue. Meanwhile, the MegaClub Facilities are a sports fan’s delight. Residents can shoot hoops with friends at the full-size basketball court, or join a game of volleyball or badminton on the spacious badminton courts. The MegaClub also boasts bowling lanes, lawn bowling, a tennis court and even a golf putting green. No doubt you’ll want to unwind with friends and neighbours after all that activity, so gather at the MegaClub’s party lounge, complete with a pool table. All that Opus has to offer extends well beyond your front
door. Opus is a follow-up to the successful Discovery and Tango projects at Concord Park Place, a 45-acre, master-planned community and home to 20 buildings, ranging from lowrise to highrise, comprising a total of 5,000 homes. The community is complete with a public square, spaces to walk, bike trails, green space and a diverse range of public art and other local amenities. Ideally located in the City of North York, Concord Park Place has easy access to two subway stations, GO station and an exemplary bus transit service. As well, an exclusive shuttle bus is available to pick residents up at their doorstep and take them to the Sheppard subway line during rush hour. The shuttle also travels to Bayview Village and Fairview Mall during off-peak hours. Opus is also minutes from major highways including the 401 and the Don Valley Parkway/404. To learn more about how to live every moment of your life to the fullest at Opus, visit the Concord Park Place presentation centre at 1001 Sheppard Avenue East, visit concordparkplace.ca or call 416.813.2999. Hours are: Monday to Friday 11 a.m. to 7 p.m., Saturday and Sunday 11 a.m. to 6 p.m. may 18 - jun 1, 2013 new Condo Guide 021
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may 18 - jun 1, 2013 new Condo Guide 025
taxing issues
// By henry choo chong
Capital expenditures & deductible expenses A
Henry Choo Chong, CGA, sits on many committees and provides accounting and tax services to individuals and businesses in the GTA. He can be reached at 416.485.5225. Questions to Taxing Issues can be emailed to choochonghcga@yahoo.ca
The opinions and views expressed herein are those of the author and not those of New Condo Guide. New Condo Guide does not necessarily endorse or encourage any specific tax strategies. Please consult a tax professional for advice specific to your particular situation.
Q
I recently purchased a rental investment property. Fortunately, the home was rented quickly. However, last summer because of several days of heavy rainfall, the roof leaked terribly and our ceilings were partially water damaged. I had to reshingle and replace almost half of the entire roof and repair the ceiling and floors. It also cost me more than $1,200 for a new fridge and stove. I have an individual who prepares my income taxes who has advised me that these are capital items and I could not deduct them for my income taxes. I find that ridiculous to be out of pocket that amount of money and I cannot deduct it. Sam, Toronto 026 new Condo Guide may 18 - jun 1, 2013
Real estate rental deductions are always contentious, and Canada Revenue Agency frowns on expenditures that should be capitalized as opposed to being expensed immediately. As an accountant who deals with real estate investors on a regular basis, I can tell you your concern is not isolated. The Income Tax Act does provide guidance with regards to capital items and current expenses. Capital expenditures
Generally, these are expenditures that will provide benefits and a useful life for several years – such as appliances, air conditioners and dishwashers. The Income Tax Act provides for Capital Cost Allowance (CCA) deduction for capital expenditures that can be expended over the useful life of the asset. Deductible Expenses
Generally, these expenditures may be deducted in the year they are incurred. They would include all expenditures directly related to the property such as property taxes, insurance, utilities, mortgage interest, advertising cost, legal cost, accounting fees, and repairs and maintenance. It would appear your repairs were performed to maintain the property to its original condition and would therefore be considered a current expense. However, the fridge and stove must be capitalized.
Investors should always have a good accountant who deals with real estate investments on a regular basis to ensure the right advice is given.
Q
I recently started my own small business, which is registered as a non-incorporated business. It earned approximately $34,000, less expenses. Additionally, I am employed full-time, as is my wife. What is my final date and can I choose my own year-end for my company? Yves, Oakville
A
Congrats on joining the ranks of entrepreneurs. Many individuals talk about starting their own business but are reluctant to do so for various reasons. The primary obstacle is finances, followed by lack of knowledge about where to start. Individuals who are strictly T4d – that is, employed full- or part-time – were to file their year’s personal tax return on or before April 30 of the following year. Self-employed (including non-incorporated businesses) taxpayers and their spouse had to June 15 to file their tax return for the previous year. However, any income taxes owing would have to be remitted on or before April 30 of the filing year. Therefore, you should have your tax returns prepared before the end of April to avoid any interest penalties.
027
IN THE NEWS
Toronto condo market
continues to rebalance Urbanation Inc., a source of information and
analysis on the Toronto condominium market since 1981, recently released its Q1-2013 market results. A total of 2,728 new condominium apartments were sold in Q1-2013, down by 29 per cent from Q4-2012 and 55 per cent from Q1-2012 – which was a record for first quarter sales activity. Sales in Q1-2013 were weighed down by the lowest number of new project openings since Q3-2009. “The lower volumes seen in the first quarter were not unexpected given how strong the market was throughout 2011 and the first part of 2012. The industry has been cautious in bringing new units to market as sales centre traffic has slowed,” says Shaun Hildebrand, Urbanation’s senior vice-president. The number of unsold units in active projects increased during the first quarter to 18,845 units, 21 per cent higher than a year ago. However, the share of active units that are sold held steady at 79 per cent, slightly lower than the five-year average of 80 per cent. The majority of unsold units (64 per cent) are in projects still in the pre-construction sales phase. The average index price grew by 2.5 per cent annually in the first quarter to $533 psf, a slower pace than the 6.4% average recorded over the past 10 years. “The market appears well positioned for an
028 new Condo Guide may 18 - jun 1, 2013
More competitive pricing and the upcoming release of some highly anticipated projects in the second quarter should attract a good amount of attention improvement through the rest of 2013. More competitive pricing and the upcoming release of some highly anticipated projects in the second quarter should attract a good amount of attention. Activity will remain below recent peaks, but should rise up to a level more consistent with the historical trend this year. An early indicator may be found in the resale numbers, which typically lead the new market during periods of recovery,” adds Hildebrand. Resale condominium apartment sales increased by nine per cent from the fourth quarter to 3,204 units in Q1-2013 – ranking fourth for a first quarter behind the past three years. Average index prices slipped by 0.5 per cent from a year earlier to $394 psf. Resale prices were weighed down by a jump in listings during the quarter (up 25 per cent), partly as a result of an increased number of new registrations at 4,859 units in Q1-2013, seven per cent of which were listed for resale.
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may 18 - jun 1, 2013 new Condo Guide 029
mortgage finesse
// by Calum Ross
is paying off bad for your mortgage your net?
Calum Ross is senior vice-president and practicing mortgage agent with The Mortgage Centre. He has appeared on Canada AM, Investment Television, BNN and Citytv. He holds an MBA in finance and is an accredited mortgage professional. He can be reached at 416.410.9905.
I
n a society where financialplanning education and resources are readily available, it is difficult to believe that most people do not understand how to use their cash flow and capital effectively. When determining top financial objectives, a large number of people put building their net worth and paying off their mortgage at the top of their list. While at face level these seem to be rational choices, these goals may contradict one another, and sometimes being mortgage-free is a detriment to building net worth.
030 new Condo Guide may 18 - jun 1, 2013
With rates of returns in the equity markets once again showing positive returns, RRSP contributions and investments are once again a hot topic. The challenge that this presents for most individuals is clear – with a finite income, how does one allocate capital to acquire that net worth figure that brings you to the point where work is something you choose to do rather than need to? The RRSP-versus-mortgage debate has long been the source of controversy. While there is no definitive answer, here are some rules that will enable you to make an informed decision. The major factors influencing the choice of options are the mortgage interest rate versus the expected return in the RRSP, the investment time horizon versus the mortgage time horizon, the availability of RRSP contribution room, and the ability to capitalize on mortgage prepayment privileges. Given an expected RRSP return equal to or greater than the mortgage interest rate, and an investment time horizon equal or greater than the likely mortgage life, maximizing RRSP contributions generally maximizes net worth because the tax-sheltered growth of an RRSP means you get compounded growth for a long period. Conversely, as the mortgage interest rate is greater, or the investment time horizon decreases, it becomes more attractive to prepay the mortgage. Those who are fortunate enough to have used up all of your RRSP contribution room should look at whether borrowing to invest outside of your RRSP is wise. While all the same principles stated above apply, there are a couple of distinct elements to review. When considering building an investment portfolio outside of your RRSP, compare your after-tax rate of return relative to your after-tax cost of borrowing. Generally, if you borrow to invest (with the expectation of gain) then the interest borrowed on that money becomes tax deductible. This means the real rate of interest to the borrower becomes one less your marginal tax rate percentage times interest rate on the money borrowed. Next, determine your after-tax rate of return. When investing outside of RRSPs, keep in mind that not all investment income is treated equally for tax purposes, and the difference depends on your personal tax bracket. To optimize your after-tax rate of return, seek capital gains first, dividend income second, and interest income third. A common misconception is that wealthy people do not have mortgages. The odds are that if you know a wealthy person without a mortgage then they likely inherited their money, do not have a good financial adviser, or are highly risk averse. With interest rates where they are today, paying off your mortgage is, in all likelihood, not a wise financial decision if your hope is to have the highest and best use of your capital. Take solace in this – the next time you are at a party or family function and someone smugly tells you that they have paid off their mortgage, odds are they know little about personal finance and will likely limit their personal net worth as a result.
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condo pro
// by barbara lawlor
Home safe home
Barbara Lawlor is president 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 condominium developments in the GTA and overseas
I
n today’s unpredictable world, homebuyers of all ages and walks of life are concerned about safety – and when it comes to new home choices, condominiums come highly recommended in that regard. In fact, purchasers such as single women and families consider security at the top of their must-have lists when it comes to their decision to go condo for a new home – especially in a large
Many condos require residents to use remotecontrol access to the underground parking elevator, and visitors have to check in with the concierge to access those levels 032 new Condo Guide may 18 - jun 1, 2013
city such as Toronto. It’s comforting to arrive home and have someone to greet you at the front door, no matter what time of the day or night. In fact, 24-hour concierge service plays a larger role in a building’s security than you may realize. Having a uniformed and well-trained professional on duty assures condominium residents that comings and goings are being observed, and that provides a tremendous peace of mind. The concierge is a visible reminder to those passing by that there is an eye on the street. During the daytime, you will also see property management staff in and around the building, which offers added comfort. And speaking of the street, today’s condominiums are well lit both outside and in, including the parking levels. Underground parking is naturally on the minds of buyers, and developers respond with many features that help to ensure safety in that respect. Excellent lighting is just part of the picture. Many condos require residents to use remote-control access to the underground parking elevator, and visitors have to check in with the concierge to access those levels. Usually, the exterior parking doors are monitored by the concierge through carefully placed security cameras, as well as secondary entrances that also call for card access. Some even provide residents with a key fob to use in case of emergency, and most condo parking garages today have emergency call buttons on every level. You may also have an enter-phone system at the main and visitor entrances, enabling you to monitor those entries by camera yourself. In addition, condominium lobbies are more open and brighter than ever before. Once you enter the building, you feel like you’re “home” already. When you think of it, the very nature of a condominium helps keep buildings secure. The old saying that there is safety in numbers has a lot of truth to it. Proximity to neighbours and people coming and going in the elevators and amenity areas is reassuring, as there is always someone within easy reach if and when you need help. Of course, those who purchase lowrise homes can install a security system, but in a condominium the on-site monitoring and immediate response is appealing. Another wonderful aspect of condominium living for all residents is the freedom that comes with being able to travel and just lock the door behind without worrying about lawn maintenance, snow removal, heavy repairs and the like. This carefree lifestyle includes having neighbours close by who can look after plants, feed cats and check that everything is fine during vacations. This is especially nice for those who do not have family in the city to look after their home while they’re away. Of course, every condominium has its own set of security features, and they differ from building to building. When you shop for a condo suite, be sure you compare apples and apples. Ask about security features and think carefully about the way you want to live and how well they can accommodate your comfort level.
// by gail vaz-oxlade
money matters
To consolidate or not to consolidate?
Gail Vaz-Oxlade is the host of Til Debt Do Us Part, author of Debt Free Forever and blogs daily at gailvazoxlade.com. Follow Gail on Twitter at twitter.com/GailVazOxlade
P
eople spend months planning their weddings: from what they’ll wear, to what they’ll eat and whom they’ll invite. It’s fun planning a party. Well, actually, sometimes it’s a pain. His mom and your mom don’t get on. Or his dad’s remarried and his mom’s still spitting mad, and you’re wondering if 45 ft. is long enough for the head table. We work hard to juggle the people in our lives to make sure there’s no conflict on our glorious day. But what about the day after? And what if the potential conflict is with the person we’ve just sworn to love for the rest of our lives? According to research, 57 per cent of couples say that money is their most important concern. Couples also report that they fight about money more than anything else. After all, how we’ll deal with our money as individuals, and as a couple once we tie the knot, often contributes to the strength of the ties that bind.
One of the biggest decisions you’ll have to make is whether or not to consolidate your money. When it comes time to set up a joint household, the fact that many people come into their relationships already financial responsible for themselves is something both they and their significant others have to deal with. The tack you take in consolidating your households will be a reflection of how similar or different your circumstances, attitudes, values and objectives are. If you see yourselves as autonomous, you may choose separate accounts, splitting bills and keeping your money apart. Sometimes couples split their bills 50/50. Sometimes they split proportionate to their incomes. You have to decide what works for you (though my personal belief is proportionate is fairer.) If you can’t agree on this point, give up now! You may decide to consolidate all your income in a joint account to foster feelings of unity. If you decide on the joint account, remember that all reporting is done in both names, so if one of you has a habit of bouncing cheques, the other’s credit history will be bruised. You could set up a joint account to cover all household expenses, while maintaining separate accounts for discretionary spending and investing. The thing to watch for is that you don’t end up with a bazillion different accounts because you can’t decide how to manage your money. I’ve seen couples paying upwards of $300 a month in bank fees because they have too many accounts and are playing the “transfer game” – moving money from one account to another. That’s just dumb. At the very most, you might have three accounts: his, hers and ours. More than that and you’re just playing a game that’ll end up biting you in the butt in terms of fees, bounced cheques and confusion. So the next question is this: whose accounts do we keep and whose do we get rid of? Now we step into choppy waters. People don’t like change. They like to keep things pretty much the way
may 18 - jun 1, 2013 new Condo Guide 033
many transactions you can make for the fee you pay. And some charge you no fixed monthly fee at all, but ding you on every single transaction you make. Figure out how often you need to go to the bank machine (why you’d have to go more than once a week is beyond me) and then pick the account that works for you. Use the cheapest method of banking: You usually pay less if you
use a bank machine, telephone bank or bank online instead of dealing with a warm body. Use the record-keeping option that works best for you: If you want
to get your cancelled cheques back every month, you will likely pay a fee.
Keep the minimum account balance needed to bank for free or for cheap: Some accounts offer
they’ve always been. And the idea that you should have to close your account may see distasteful at first. Ya know what? Get over yourself. We’re talking bank accounts here, not your favorite chair or that ratty tee-shirt you insist on wearing to bed. This is a black-and-white, dollars-andsense decision. The reality is that neither of your accounts may suit your needs any more. After all, if your branch isn’t close by and you have to use some other bank’s ATM, you could rack up tons of fees. And if your bank charges fees for everything – there are alternatives out there that don’t – it’s time to go shopping. And don’t automatically default to the big-name banks. Lots of options exist today, from credit unions to trust companies, from companies with virtually no branches to banks in supermarkets. It’s easy to decide who offers the best savings account. It’s the guy who is willing to pay you the most money with the least number of conditions. Look for accounts that pay interest on your lowest balance. And make sure you have access to your money through an ATM network without having to pay an arm and a leg in fees. (Listen, some fee is reasonable. I tell people to budget about $20 a month for all their banking fees. If you can do it for less, you’re a star!) If the best savings account pays the most interest, then the best chequing account gives you unlimited access to your money at no charge, right? Look for unlimited free transactions, regardless of your balance whether you bank in person, by telephone or Internet. Here are some things to watch for so you’re fees don’t go through the roof: The number of transactions you make: Some accounts let you do as many
transactions as you like for a fixed monthly fee. Other accounts limit how
034 new Condo Guide may 18 - jun 1, 2013
lower fees if you keep a certain amount of money in your account at all times. Never bounce cheques. You will pay a whopping fee if you make a payment from your account and there is not enough money to cover it. Banks like to sell overdraft (OD) protection as a way to avoid this. OD works like a loan, but you only pay when you borrow money to cover a payment or withdrawal on your account, and the interest rate and fees are usually really high, which is why I think OD is just a stupid. Instead of using OD, set up a minimum you always leave in your account (just pretend it’s not even there) and stay in the black. The Financial Consumer Agency of Canada has a tool you can use to help you decide on which account will suite you best. Make sure you click on View all Packages so you get the full list of what’s available to you. I know all those auto-deposits and withdrawals are a pain in the neck to change. But you’re starting a new life together and the sooner you sort out the details the happier you’ll be in the long run. Get off your duff and get organized together.
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036 new Condo Guide may 18 - jun 1, 2013
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in the news
WATERFRONT BIA EASES CONSTRUCTION STRESS
through several initiatives on Toronto’s waterfront
Spring has finally arrived and so has
construction season in Toronto. Many Torontonians and tourists alike find it a challenge to navigate the streets for the best way to get to many of the amazing venues and events that this city has to offer. Part of an award-winning plan to make Toronto’s Waterfront a world-class destination, the transformation of the central waterfront, is well on its way to becoming the grand waterfront boulevard Toronto deserves. Construction along the 1.7 kilometre stretch of Queens Quay from just west of Lower Spadina Avenue to just east of Bay Street is totally rebuilding and revitalizing the area both above and below ground. When completed in early 2015, Queens Quay will be a waterfront 038 new Condo Guide may 18 - jun 1, 2013
showpiece and a must-see Toronto destination. In the meantime, the Waterfront BIA has created a number of initiatives to help Torontonians get around the waterfront during the ongoing construction to prove – “it’s better by the water.” “There is a lot of confusion for Toronto residents and visitors due to construction in Toronto,” says Carol Jolly, executive director, Waterfront BIA. “We are trying to make life easier through a series of initiatives that will make it simpler to get around Toronto’s waterfront during the revitalization.” The Waterfront BIA has created comprehensive outdoor pillar signage that will be placed throughout the waterfront to clearly direct and assist pedestrians during construction, so they can focus on enjoying what the waterfront has to offer. The 15, 12-ft. tall, colourful pillars will include a detailed map of the waterfront including locations of public charter boats, and a complete retail business directory. The pillars will be regularly updated to include promotional information on the
continued on page 40…
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King St. W
Exclusive Listing: CityLife Realty Ltd, Brokerage. Brokers Protected. *Daniels’ Rent-To-Own Program is only available on a select number of suites. Prices, specifications and programs are subject to change without notice. Illustrations are artist concept. E. & O.E. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without written permission of The Daniels Corporation, is strictly prohibited.
may 18 - jun 1, 2013 new Condo Guide 039
in the news
continued…
many exciting year-round events and activities. From June through August, the lively Singing Waterfront Ambassadors will travel along Toronto’s Waterfront offering personal assistance, directions and recommendations to visitors, as well as impromptu a cappella performances on Thursdays, Fridays, Saturdays, Sundays and Mondays from 11 a.m. to 6 p.m. “There are many ways to get to Toronto’s waterfront during the busy construction season without adding extra stress to your day,” says Jolly. “We are encouraging visitors to take the short walk or cycle south from Union Station allowing them to explore areas that are likely to be missed while driving in a vehicle.” The TTC offers more frequent buses during peak periods and large festivals and events, which allows easy on and off access to the hot spots along the waterfront without having to worry about parking. The waterfront is still accessible by car or taxi, though to keep traffic congestion to a minimum it is encouraged during the warmer months to take advantage of the weather and walk or rent a bicycle in the area. Bike racks are scattered along the waterfront, while parking lots can be found in a number of locations including Rees and Simcoe Street and taxi stands are located next to the Queen’s Quay Terminal building at the foot of York Street. Traffic will flow one way westbound along Queens Quay until Spring 2014. Regular construction updates and road closures can be found on The Waterfront BIA Facebook page and Twitter. “There is so much to enjoy on Toronto’s waterfront,” adds Jolly. “Stroll along the water’s edge boardwalk, relax at HTO Parks, experience Music Gardens, or take a scenic harbour cruise aboard one of the many passenger vessels. Shop at the award-winning Queen’s Quay Terminal, dine in a variety of spectacular restaurants overlooking the lake, participate in one of Harbourfront Centre’s festivals, camps or shows, visit PawsWay and stay in one of our impressive hotels. Toronto’s Waterfront offers something for everyone.”
Bike racks are scattered along the waterfront, while parking lots can be found in a number of locations including Rees and Simcoe Street and taxi stands are located next to the Queen’s Quay Terminal building at the foot of York Street. 040 new Condo Guide may 18 - jun 1, 2013
Events including Doors Open on Toronto’s Waterfront, the Toronto on the Water historical photo exhibit, the Redpath Waterfront Festival when Tall Ships return and ongoing events at Harbourfront Centre offer families an opportunity to see the city from a unique perspective and explore areas that they may not have had a chance to discover before. The My Waterfront Photo Contest returns for a third year to encourage people to come to Toronto’s Waterfront and take pictures. Photos are entered in a contest and winners will be included in the My Waterfront Photo Exhibit that will be on display in Queen’s Quay Terminal throughout the Fall. The contest will be promoted primarily through Facebook and Twitter. There are many exciting events along the waterfront that encourage a day trip to the water and the Waterfront BIA is making every effort to help ease the commute to Toronto’s beautiful waterfront. Come 2015, the new Toronto waterfront will offer the quiet joy of mile long strolls, a generous granite pedestrian promenade and the off-street Martin Goodman Trail will create much-needed public space by the lake. A new streetcar corridor and traffic lanes with improved turning lanes and signal timing will keep people moving. New granite sidewalks and landscaping improvements in front of storefronts will stimulate ground floor retail activity and urban vitality. This revitalization will create more job opportunities and investments in Toronto, bringing the quality of life to a new level and making Toronto’s waterfront an even larger magnet for tourists.
COMING THIS SPRING SUITES FROM THE LOW $200,000s or $1,489/MONTH
2GOOD 2MISS FINAL OPPORTUNITY TO OWN AT DANIELS’ LANDMARK NY TOWERS COMMUNITY Introducing NY2 CONDOMINIUMS - the exciting sequel to the highly successful NY Place Boutique Condominiums by Daniels. Edgy. Hip. Cool. And filled with fresh amenities! Already under construction, NY2 is just steps to the subway and minutes to shopping, dining and theatre. Best of all, Daniels is once again offering their bold new direction in homeownership with Toronto’s ONLY Rent-To-Own Program - part of your rent goes towards your down payment. Now that’s smart. NY2. 2 Good 2 Miss!
REGISTER NOW N Y2CO ND OS .COM
416.221.3939
VISIT OUR PREVIEW SALES CENTRE 27 Rean Drive, Unit 10 Mon. - Thurs. 12pm - 6pm Sat., Sun. & Holidays 12pm - 5pm Fri. Closed
Exclusive Listing: CityLife Realty Ltd, Brokerage. Brokers Protected. *Daniels’ Rent-To-Own Program is only available on a select number of suites. Prices, specifications and programs are subject to change without notice. Illustrations are artist concept. E. & O.E. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without written permission of The Daniels Corporation, is strictly prohibited.
may 18 - jun 1, 2013 new Condo Guide 041
SPRING 2013
THE WORLD IS NTO to TOESTRO COMING THE ADDRESSES LAT YOU NEED TO KNOW
Spring Issue Now Available Fall Issue Available September 2013 PINNACLE INTERNATIONAL
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1 BED +DEN 2 BATHS UNLIMITED POSSIBILITIES!
UNIT No. 2809 to 320 F
MW
BEDROOM 9’11” x 10’0”
KITCHEN/DINING 9’0” x 13’1”
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NOW IT’S A DEN, NOW IT’S A HOME OFFICE, NOW IT’S A SHOE CLOSET, NOW IT’S A WINE CELLAR… wow, it’s incredible! The innovative Tonik Suite comes with a versatile, spacious, secluded Den with a full bath that you can use any which way you want. Plus, with lightning-fast fiber optic internet from Rogers, 24-hour Concierge, great city views and inspired lifestyle amenities, life at CHAZ Yorkville is rich in possibilities.
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UNIT No. 809 to 1609, 2209
BATH
TONIK SUITE 746 SQ FT
$18,000
Dupont St. Yorkville Ave. Sales Centre
Bloor St. Yonge St.
Bay St.
VISIT OUR SALES CENTRE WWW.CHAZYORKVILLE.COM 416.922.0045
Avenue Rd.
SUITES FROM THE LOW $300’S TO $2.5 MILLION
ADDITIONAL CREDIT
45 Charles St. E.
Wellesley St.
SALES CENTRE LOCATED AT 101 YORKVILLE AVE. SITE LOCATED AT 45 CHARLES ST. EAST MON. – THURS.: 12PM – 6PM, FRI.: 2PM – 6PM, SAT.: 12PM – 8PM, SUN.: 12PM – 6PM, STATUTORY HOLIDAYS: CLOSED Exclusive Broker Baker Real Estate Inc. Brokers Protected. Prices and specifications are subject to change without notice. Illustrations are artist concept. E&O.E.
may 18 - jun 1, 2013 new Condo Guide 043
quick tips
// by hellen buttigieg
play catch-up this summer
and make the most of your time off
S
ummer will soon be here. Perhaps you’re using your well-deserved vacation time for a little R&R, or you’re just less harried because you’re not dropping the kids off at countless lessons and activities. Whatever the reason, this is a great time of year to get all the little tasks that have been piling up off your plate. And once you have all of these chores taken care of, you can lounge by the pool guilt free. QUICK TIPS ON ORGANIZING YOUR HOME
Hellen Buttigieg is a certified professional organizer, life coach, TV host, owner of We Organize U and author of the best-seller, Organizing Outside The Box. For tips on organizing your home, your office and your life, visit weorganizeu.com and sign up for the free newsletter.
Organize your photos in a fun, family-friendly way. Gather your supplies now and make the next rainy day your family’s photo-organizing day. You’ll need several acid-free photo boxes, some plastic “dollar store” baskets (about 10), “sticky” notes and a few markers. Gather the family around the kitchen or dining room table, put some music on and have a predetermined break time. Begin by labeling each basket with a broad category using your sticky notes and markers. Then use the baskets to start sorting the collection of photos you’ve gathered. Categories should be broad and relevant to your photos. Examples can include: pets, holidays, parties, school, friends, family celebrations, etc. Once the photos are sorted, transfer them into photo boxes and use the index cards which often accompany the boxes to identify the categories. If you have hundreds of photos under one category, simply label the outside of the box with the topic.
continued on page 46…
044 new Condo Guide may 18 - jun 1, 2013
PRESENTATION CENTRE
NOW OPEN.
Remarkable residences. Across from Mount Joy Go Station. Starting from the mid $200’s.
9560 Markham Road Monday - Friday 12 - 6pm Weekends & holidays 12 - 5pm
themarkcondos.ca / TheMarkCondos
@TheMarkCondos
Prices, sizes and specifications subject to change without notice. E. & O.E. Illustration is artist’s impression. Exclusive listing brokerage: TFN Realty Inc. Brokers protected. Creative: la-ads.com
quick tips
continued…
Whatever the reason, this is a great time of year to get all the little tasks that have been piling up off your plate. And once you have all of these chores taken care of, you can lounge by the pool guilt free. QUICK TIPS ON ORGANIZING YOUR Home office Organize your business cards.
Throw a clothes swap. With the seasons changing, it’s a perfect time to
clean out your closets. Pull out any summer items you didn’t wear last year and any winter items you passed on last year. Plan a neighbourhood clothes swap party to trade your cast-offs for other treasures. Donate any unclaimed threads to a local charity. Organize cosmetics and toiletries for easy retrieval. Take advantage of the height in cupboards under bathroom counters by using plastic storage drawers to store cosmetics and toiletries. Sterilite makes this item, and you can find it at most department stores. Usually it comes with three drawers, but if you have the height, you can stack a second unit on top. Store items in broad categories and label each drawer. Categories may include: dental products, facial and hair products. Memorabilia without mess. If you have bits and pieces of memorabilia piling up all over your home, it’s time to create a memory box. Purchase or repurpose one container for each family member; choose plastic bins, photo boxes, hat boxes, vintage suitcases or old-fashioned picnic baskets to store precious mementos. Be selective about what goes inside, and when the containers are full, remove one item before putting another item inside. Dispose of old medication safely. When purging expired medication, please refrain from flushing the pills down the toilet. This has been found to contaminate municipal water supplies. Check with your local pharmacy to see whether you can drop them off for environmentally safe disposal. Alternatively, inquire whether your municipality offers drop-off points similar to those for hazardous and electronic waste. Round up your recipes. Are your recipes cluttering up your kitchen counters or stuffed in your drawers? Organizing your favourite recipes makes retrieval quick and easy. Purchase a plastic accordion file in your favorite colour with at least 10 slots. Use the labels included to write out specific categories. Categories may include: desserts, appetizers, salads, poultry, beef and seafood. File recipes at the front of the corresponding category and get cooking! 046 new Condo Guide may 18 - jun 1, 2013
Take 15 minutes to go through the stacks of business cards you’ve collected over the year and toss the ones you will never refer to again. To have easier access to the ones you keep, scan them using business card software or staple them to your Rolodex cards alphabetically (use the bigger format cards). If you have several hundred cards, I don’t recommend filing them in the clear plastic sheets because it’s difficult to keep them in alphabetical order, and too time consuming to find the card you need. QUICK TIPS ON ORGANIZING YOUR LIFE Stop “shoulding” on yourself.
Do you feel your life is so “crazy busy” that you never seem to find time for fun? One way to make space for the things that matter most is to re-evaluate what you’ve committed your time to and consider letting go of some obligations. Think of three activities you are doing because you feel you “should” even though you don’t really want to. It could be committees you sit on, volunteer activities you participate in or events you’ve reluctantly agreed to attend. Choose one to let go of for now, and replace it with an activity that brings you joy. Now watch and see what happens.
THE MASSEY TOWER IS HONOURED TO BE NAMED
2013 PROJECT OF THE YEAR
*
*By the Building Industry and Land Development Association
2013 BEST HIGH RISE BUILDING DESIGN
ALSO WINNER FOR 2013 BEST HIGH RISE SALES OFFICE
2013 BEST MODEL SUITE
“THE MASSEY TOWER HAS BEEN THE TALK OF THE TOWN SINCE ITS LAUNCH.” BUZZBUZZHOME.COM
“A BEAUTIFUL BUILDING WITH MASTERFUL ARCHITECTURE…HAS THE POTENTIAL TO BECOME A LANDMARK” DESIGN REVIEW PANEL, CITY OF TORONTO 2013
BE A WINNER: FIND A PLACE IN THE SPOTLIGHT.
This year, find your new home at the centre of Toronto, on Yonge, across from the Eaton Centre. Live in a contemporary jewel that combines old and new, with a 60-storey modern tower atop a heritage base. Enjoy easy access to every urban amenity you could ever want or need, and two TTC stations just outside your door. Two full floors of indoor and outdoor urban chic amenities.
FROM THE LOW $300’s. THEMASSEYTOWER.COM // 416 966 0197 YONGE ST.
DUNDAS ST. SHUTER ST. 197 YONGE STREET QUEEN ST.
PRESENTATION CENTRE & FURNISHED MODEL SUITE Location: 197 Yonge Street Hours: Mon–Thurs: 12–6, Fri: Closed, Sat–Sun: 12–5.
EXCLUSIVE BROKER: MARKETVISION REAL ESTATE CORPORATION. BROKERS PROTECTED. PRICES AND SPECIFICATIONS SUBJECT TO CHANGE WITHOUT NOTICE. E. & O. E. CREATIVE: LA-ADS.COM
may 18 - jun 1, 2013 new Condo Guide 047
Join TEAM MIKEY at the WALK OF LIFE On Sunday, May 26th 2013
1 km, 3 km/5 km Walk and 5 km Run
The Mikey Network will not only participate in this great event but also raise money for the Cardiac Health Foundation of Canada. The Mikey Network is committed to placing “MIKEYS� (public access defibrillators) in as many high-risk locations as possible so people affected by sudden cardiac arrest might have a second chance at life. Through The Mikey Network, the beat goes on.
Evergreen Brick Works 550 Bayview Ave., Toronto On., M4W 3X8 Registration: 8:30 AM, Runners start at: 10:00 AM, Walkers start at: 10:15 AM, Post walk celebration starts at: 11:00 AM
REGISTER TODAY!
048 new Condo Guide may 18 - jun 1, 2013
mikeynetwork.com
// LIVE AT THE INTERSECTION OF
CITY AND STYLE. //
// ...WHEN YOU LIVE AT FIVE, YOU LIVE THE REAL CITY LIFE. SHOP. EAT. DRINK. PARTY. WORK. ALL IN YOUR NEW PLAYGROUND, SOUTH OF CHIC, NORTH OF TRENDY, AND NOT FOR THE FAINT OF HEART. DISCOVER AN ELECTRIC NEIGHBOURHOOD FOR THE CITY-LOVER, 10,000 SQUARE FEET OF AMENITIES FOR THE LEISURE-LOVER, AND A DARING SKYSCRAPER ATOP A HERITAGE BASE FOR THE DESIGN-LOVER. IS FIVE THE BEST OF BOTH WORLDS? NO, IT’S THE BEST OF ALL WORLDS. VISIT US TODAY AND DISCOVER THEM ALL. //
NOW UNDER CONSTRUCTION. STARTING FROM THE MID $200’S
FIVECONDOS.COM 416.928.0555 PRESENTATION CENTRE LOCATED AT THE CORNER OF YONGE & ST. JOSEPH. MON–THURS 12–6PM SAT–SUN 12–5PM CLOSED FRIDAYS
A PROJECT DEVELOPED BY GRAYWOOD DEVELOPMENTS LTD. & MOD DEVELOPMENTS INC. EXCLUSIVE LISTING BROKERAGE BAKER REAL ESTATE INCORPORATED. BROKERS PROTECTED. PRICES AND SPECIFICATIONS SUBJECT TO CHANGE WITHOUT NOTICE. E. & O. E. ILLUSTRATION IS ARTIST’S IMPRESSION. CREATIVE: LA-ADS.COM
may 18 - jun 1, 2013 new Condo Guide 049
LARGE AND FABULOUS UNITS, NOW UNDER CONSTRUCTION.
Expansive Outdoor Space
BALCONY 175 SQ.FT.
Split Bedrooms for Maximum Privacy
Open Concept Living/Dining Area
MASTER BEDROOM 10' 6" x 14' 6"
BEDROOM 2 11' 0" x 10' 6"
GREAT ROOM 13' 0" (10' 5") x 22' 6" (including Kitchen)
Ample Kitchen Storage
PANTRY
Windowed Ensuite
ENSUITE
FOYER KITCHEN
Oversize Shower
*Actual size of unit is larger than seen here!
THIS IS THE BEST VALUE ON THE TTC, ANYWHERE IN TORONTO. STILL WITH AN AMAZING SELECTION OF SUITES, INCLUDING THIS BRIGHT 2 BEDROOM CORNER UNIT! Construction at The Station is well underway, offering an incredible selection of large, well-designed suites, unlike the mini-matchboxes offered by our competition. Not only can you get 2 and 3-bedroom units, generous dens, expansive living areas, and spacious balconies. You also get Terrence Lukas-designed interiors, oversize showers, windowed ensuites, stainless steel appliances, and eco-friendly laminate flooring throughout. Plus, enjoy fabulous amenities like The Studio Club, fitness centre and Urbanas, the city’s first indoor/outdoor party rooms, complete with heated barbeque terrace. Located directly on the subway, and minutes from Yorkdale, it’s convenience, quality, and value, in North York’s most exciting record-breaking development. FROM THE LOW $400’S
VISIT OUR SALES OFFICE TODAY! WILSON SUBWAY
HWY.401
YORKDALE MALL
TIPPETT RD
ALLEN
RD
WILSON AVE
HWY.401
YORKDALE SUBWAY
416.398.9777 THESTATIONCONDOS.COM
SA LES O FFI C E TIPPET T, JUST SOUTH OF WILSO N AVE. MO NDAY TO THURSDAY 12– 6 PM / SATURDAY + SUNDAY 12–5 PM Prices and specifications subject to change without notice. E. & O.E. Illustration is artist’s impression. Exclusive Listing Brokerage: The Condo Store Realty Inc., Brokerage. Brokers protected.
050 new Condo Guide may 18 - jun 1, 2013
Design has arrived in midtown.
CONDOMINIUMS AT YONGE + EGLINTON
REGISTER NOW REDPATHCONDOS.COM
155REDPATH
COMING SOON FROM THE MID $200’S
PSR BROKERAGE. EXCLUSIVE LISTING BROKER WWW.PSRBROKERAGE.COM / PRICES AND SPECIFICATIONS SUBJECT TO CHANGE WITHOUT NOTICE. E. & O.E. ILLUSTRATION IS ARTIST’S IMPRESSION.
may 18 - jun 1, 2013 new Condo Guide 051
in the news
U.S. growth to drive momentum in Ontario: BMO The Ontario economy is expected to grow 1.5
per cent in 2013 but pick up later in the year once U.S. economic growth improves, according to the BMO Blue Book released by BMO Capital Markets Economics and BMO Commercial Banking. Much like the U.S. Federal Reserve’s Beige Book, the BMO Blue Book combines the expertise of BMO’s economists with information on current business conditions provided to BMO’s commercial bankers by local businesspeople. “Once the U.S. economy begins to run at a 3 per cent-plus clip later this year Ontario will see momentum pick up,” says Robert Kavcic, senior economist, BMO Capital Markets. “With such a direct benefit to the Ontario economy, we expect growth to reach 2.3 per cent in 2014.”
Much like the U.S. Federal Reserve’s Beige Book, the BMO Blue Book combines the expertise of BMO’s economists with information on current business conditions provided to BMO’s commercial bankers by local businesspeople. 052 new Condo Guide may 18 - jun 1, 2013
Susan Brown, senior vice-president, Ontario division, BMO Bank of Montreal noted that manufacturing clients have seen success by cutting costs and focusing on productivity during the economic downturn. “Pressure from the relatively high Canadian dollar is a continuing concern, reinforcing the ongoing importance for firms to improve their productivity. We encourage manufacturers to take advantage of low interest rates to invest in their businesses, as we expect a positive environment to continue.” Mike Bonner, vice-president, commercial banking, GTA division, BMO Bank of Montreal, said that his clients are optimistic, but wary of a fragile economic recovery going forward. “Businesses have chosen to invest in opportunities that diversify their market share, whether those are new business ventures or adding to their existing clientele. This expansion, both horizontally and vertically, has driven modest growth across the Greater Toronto Area.” Bonner added that BMO is armed with a highly-skilled team of experts that can make lending decisions at the local level to help its commercial clients boost productivity, expand into new markets and make strategic investment decisions that will help propel growth and drive success.
FROM STOCK MARKET TO ST. LAWRENCE MARKET 88 Scott’s ideal location within the St. Lawrence neighbourhood - on the edge of the financial district - make it an optimal choice no matter what the time of day. This new offering from Concert has already captured the attention of discerning buyers despite market conditions. In addition to its central location, 88 Scott features intelligent suite designs, stunning views, abundant amenities and superb quality finishes throughout. Built by award-winning Concert, the many who have chosen 88 Scott define it as a timeless blue chip investment. Come and see for yourself.
TORONTO TO THE CORE
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Sales Centre & Display Suite 100 Yonge Street Open Weekdays (except Fridays) noon to 7pm Weekends 11am to 5pm
G YON
SALES CENTRE
416.216.8588
photo: St. Lawrence Market - Seafront Fish Market
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condo profile
88 Scott
wins honours at Toronto’s BILD Awards
88
Scott – the elegant new downtown Toronto highrise condominium from Concert Real Estate Corporation – was recognized with two coveted awards at the annual BILD Awards Gala on April 26. The 58-storey tower captured the award for Best Suite Design under 750 Square Feet as well as Best Project Rendering Highrise. “We are particularly thrilled with this win,” says Catherine Diraison of Concert. The award-winning suite, Suite B1, is a sleek, one-bedroom which, like all the suites at 88 Scott, boasts a well laid-out, livable design. “Often times, developers may focus too much on the outside – on the outstanding architecture and eye-catching design,” says Diraison. “But to design a truly wonderful residential highrise, you also need to focus on creating exceptional, well-appointed individual living spaces. These two awards combined are a testament to our success in 054 new Condo Guide may 18 - jun 1, 2013
The award-winning suite, Suite B1, is a sleek, one-bedroom which, like all the suites at 88 Scott, boasts a well laid-out, livable design. capturing the best of both worlds with 88 Scott.” Concert is no stranger to receiving awards for its residential buildings. A week prior to the BILD Awards, Concert was honoured with two awards at the 2013 Ovation Awards from the Greater Vancouver Home Builder’s Association including the coveted Grand Ovation Award for Multi-Family Builder of the Year. Concert also earned an award for Best Multi-Family Highrise Development for their luxury downtown Vancouver highrise project, Patina. In Toronto, 88 Scott will be built to the highest standard offering high, smooth ceilings and bright, open kitchens with designer cabinetry and integrated European style appliances. The suites range in size from compact studios to three-bedroom designs of more than 2,000 sq. ft. The Penthouse Collection offers luxurious suites from approximately 2,600 sq. ft. and above. The distinctive design by Page + Steele/IBI Group Architects will ensure the tower makes a mark on downtown Toronto’s skyline. In a nod to the building’s past, the stylish five-storey podium will be constructed to incorporate the façade of the original limestone building constructed in 1951.
88 Scott will rise in an unparalleled location at the corner of Scott and Wellington Streets, at the intersection of Toronto’s bustling financial district and the historic St. Lawrence Market neighbourhood. Just across from the urban oasis of Berczy Park, 88 Scott is minutes to the theatre district and walking distance to Toronto’s Harbourfront, the Air Canada Centre, the Rogers Centre and to fine dining and world-class shopping. Life at 88 Scott also means it’s easy to get around and about, with Billy Bishop Airport, Lakeshore Boulevard, the Gardiner Expressway and the Don Valley Parkway all easily accessible from the residence’s central location. And the TTC is just a few minutes’ walk from the front door. Designed to be a “vertical neighbourhood,” residents of 88 Scott will enjoy world-class amenities located on three different levels within the building. The tower will also offer the latest in environmentally-conscious design, including Green roofs, highly efficient mechanical and electrical systems and superior indoor air quality. The building will target LEED gold with a design to meet the highest Tier of the Toronto Green Building Standards. To learn more about how to make your home with 88 Scott at the centre of it all, visit the Sales Centre at 100 Yonge St., call 416.216.8588 or visit 88scott.com may 18 - jun 1, 2013 new Condo Guide 055
fundamentally speaking
// by wayne karl
Watch the changing retail landscape
to see if your neighbourhood may be on the upswing
M
any of target corp.’s approximately 125 stores in Canada have now opened their doors, following the U.S. retail giant’s northern expansion following its $1.8-billion acquisition of up to 200 Zellers store leases in 2011. Most of the initial openings are to come from renovating previous Zellers locations, requiring an investment of $1 billion and creating thousands of new jobs. But, importantly, Target does not rule out “greenfield” expansion – building completely new stores from the ground up to its own specifications. Wayne Karl is an award-winning writer and editor with experience in real estate and business. In Fundamentally Speaking, Wayne explores the basics – such as economic fundamentals – you need to examine when buying property. He can be reached at wayne. karl@wall2wallmedia.com or follow him on Twitter at Twitter.com/WayneKarl
Large retailers and commercial ventures don’t just pop up in the middle of nowhere or in declining neighbourhoods. For homeowners and prospective homebuyers, this is all a very good reason to pay attention, as experts say it will change Canada’s retail landscape forever. Such major retail developments are also a significant influence on land development and housing. When the likes of Target, Walmart, RONA and other major players set up shop, particularly in a new location, it’s a good sign an area could be on the upswing. Like proximity to mass transit, schools and other amenities, being close to shopping is a major attraction for builders and, of course, prospective homebuyers. These features are among the key determining factors to enjoying your home while you live there, as well as for potential resale value in the future. Large retailers and commercial ventures don’t just pop up in the middle of nowhere or in declining neighbourhoods. They make careful, long-range and well planned-out decisions in lockstep with municipalities and developers, based on hard data, research and demographic information. This is why major retail expansion is good news: it’s an indicator the economy continues to strengthen; and, for those looking to buy a home or condo, it’s a sign to look out for new or expanding neighbourhoods and solid buying opportunities. Such retail developments, combined with the associated employment gains and economic and infrastructure improvements, point to new and expanding homebuying options. So, while you’re out there looking for your new home, look around for the big box stores. If they see a bright future for your prospective neighborhood, chances are it will make a sound buying decision for you.
056 new Condo Guide may 18 - jun 1, 2013
ACT NOW! MOVE IN TO YOUR NEW HOME THIS YEAR! As for location, location, location, One Park Place residents live in the convenient location of Dundas and Sumach Streets, off of the community’s pedestrian-friendly Urban Mews. From this gathering spot, residents can walk to the 6-acre park on Dundas, the Regional Aquatic Centre, the new Toronto Community Centre, Daniels Spectrum — a 60,000 sq. ft. cultural hub for dance, music, theatre and film, numerous retailers including Sobeys FreshCo., and let’s not forget the neighbourhoods local hot spot — Paintbox Bistro!
NEW URBAN MEWS
PAINTBOX BISTRO
Within One Park Place Condominiums, suite owners will have exclusive use of over 45,000 sq. ft. of indoor and outdoor amenities at CLUB UNO, including a half-court Gymnasium, two Squash Courts, a Fitness Studio, Indoor/Outdoor Yoga and Pilates studio, a Party Room, Billiards Room and several Lounges. Resident Gardening Plots on the fifth-floor Outdoor Terrace will make it easy for homeowners to grow their own herbs, flowers and spices. The Daniels Corporation (www.danielshomes.ca) is one of Canada’s preeminent builder/developer, having been building new homes and communities for over 31 years. Named the Tarion Warranty Corporation’s 2012 High Rise Builder of the Year and the recipient of the 2012 Toronto Arts and Business Award presented by the Toronto Arts Foundation, Daniels has built more than 23,000 homes throughout the GTA.
B CLUO
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HALF-COURT GYMNASIUM
Already well under construction, One Park Place offers suites starting from the low $300,000s, and there is still a fantastic selection of suites available. Plus, Daniels is making homeownership more attainable by offering their 5% Gradual Deposit Payment Plan. Purchasers pay $3,500 with the Agreement of Purchase and Sale, and then $1,000 each month until they reach 5% of the purchase price. In addition, if you act now, Daniels is making purchasing your new home at One Park Place even easier by offering parking and locker for only $12,800 plus 6 months free maintenance. But that’s not all! Be sure to ask about Daniels’ FIRST HOME BOOST Program, where qualified buyers can increase their down payment from 5% to 15% of the purchase price through an exclusive interest-free, payment-free loan. The opportunity for homeownership is amazing!
CALL OR VISIT US TODAY!
416.955.0559 danielsoneparkplace.com
Exclusive Listing: CityLife Realty Ltd. Brokerage. Brokers Protected. Illustrations are artists concepts. Prices, programs and specifications are subject to change without notice. E. & O. E. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without prior written permission of The Daniels Corporation, is strictly prohibited. *Limited time offer. Conditions apply. See Sales Representatives for full details.
in the news
Quality projects take centre stage at 33rd annual BILD Awards
HOME BUILDER OF THE YEAR Tridel
The building and development industry celebrated
the best in design, construction, sales and marketing at the 33rd annual BILD Awards on Friday, April 26. More than 1,100 industry professionals attended the event, which recognized the GTA’s best in 48 distinct categories ranging from ad campaigns to architectural design and community building. Tridel was awarded the prestigious Home Builder of the Year award for the company’s focus on quality, superior customer service, innovation and commitment to green building, industry leadership and partnerships and contributions to the community. A key component of the judging process is a customer satisfaction survey, completed by recent occupants of the builder’s communities. This year’s Green Builder of the Year awards were awarded to the Minto Group and Times Group. Minto was recognized in the lowrise sector for its belief in the power of collaboration, continuous improvement and making the world a better place. The company’s environmental policy states “Minto believes
058 new Condo Guide may 18 - jun 1, 2013
that it has a corporate responsibility to the environment and that actively pursuing green initiatives is compatible with growth and prosperity.” In the highrise sector, Times Group was rewarded for its commitment to sustainability and for adopting green construction practices and technologies early. The company develops sustainable communities and provides support to local conservation associations. Other pinnacle awards included the developmentoriented Place to Grow Community of the Year Awards. Kylemore Communities was awarded top honours in the lowrise category for its Angus Glen Community development, while Liberty Developments was recognized for Centro Square Condos on the highrise side. Massey Tower by MOD Developments and Edition Richmond by Curated Properties were selected as the year’s top projects in the lowrise and highrise categories, respectively. INDX Condos by Lifetime Developments and CentreCourt Developments was voted winner of the People’s Choice Award. More than 1,300 people cast their
vote during an online public engagement campaign. In a special dedication, the Association recognized Joseph Lebovic of Lebovic Enterprises Ltd. with the prestigious BILD Lifetime Achievement Award. “Joseph Lebovic has dedicated his life to building quality complete communities across the GTA,” says BILD President and CEO Bryan Tuckey, adding that Lebovic is “a champion of the industry.” The Riley Brethour Award for outstanding and consistent professional achievement in residential sales and marketing was presented to George Carras of RealNet Canada Inc. A past winner of BILD’s Member of the Year award, Carras has exhibited consistent leadership and involvement in the improvement of the industry and the Association. In recognition of her community service efforts, Lucy
Stocco of Tribute Communities was presented with the second annual Stephen Dupuis Community Building Award. A recent recipient of the Queen’s Diamond Jubilee Medal, Lucy was deemed is an outstanding example of industry leadership in charity and community work for her exceptional dedication to improving the communities in which she builds. For a complete list of recipients, as well as winners from previous years, visit bildawards.com. You can also find additional information by visiting BILD’s official blog at bildblogs.ca or the Association’s Facebook (facebook.com/bildgta), Twitter (twitter.com/bildgta) or Youtube (youtube.com/bildgta) accounts.
GREEN BUILDER OF THE YEAR – HighRise Times Group Corporation
P2G COMMUNITY OF THE YEAR – HighRise Liberty Development, Centro Square Condos – Montana Steele Advertising may 18 - jun 1, 2013 new Condo Guide 059
PEOPLE’S CHOICE AWARD Lifetime Developments and CentreCourt Developments, INDX Condos – IBI Group, Blackjet Inc., Brandon Communications, Cecconi Simone, Baker Real Estate
PROJECT OF THE YEAR – HighRise MOD Developments, Massey Tower – Cecconi Simone, Hariri Pontarini, L.A. Inc.
BEST HIGHRISE BUILDING DESIGN MOD Developments, Massey Tower – Hariri Pontarini
BEST PUBLIC RELATIONS CAMPAIGN Reserve Properties, 109OZ – Kim Graham & Associates
RILEY BRETHOUR AWARD George M. Carras, RealNet Canada Inc.
STEPHEN DUPUIS COMMUNITY BUILDING AWARD Lucy Stocco, Tribute Communities
060 new Condo Guide may 18 - jun 1, 2013
LIFETIME ACHIEVEMENT AWARD Joseph Lebovic, Lebovic Enterprises
BEST DIRECT MAIL – HighRise Dundee Kilmer Developments, Canary District Condominiums – Montana Steele Advertising
BEST E-MAIL MARKETING PIECE – HighRise Lifetime Developments & CentreCourt Developments, Karma Condos – Blackjet Inc.
BEST NEWSPAPER AD – HighRise Mizrahi Developments, 181 Davenport – Lawrence Finn and Associates
BEST MAGAZINE AD – HighRise Lifetime Developments and CentreCourt Developments, INDX Condos – Blackjet Inc.
BEST BROCHURE – HighRise Mansouri Living, The Perry – The Design Agency
may 18 - jun 1, 2013 new Condo Guide 061
BEST PROJECT LOGO – HighRise Lifetime Developments and CentreCourt Developments, INDX Condos – Blackjet Inc.
BEST PROJECT SIGNAGE – HighRise Reserve Properties, 109OZ – Drive Agency
BEST PROJECT RENDERING – HighRise Concert Real Estate Corporation, 88 Scott – Aareas Interactive
BEST SOCIAL MEDIA CAMPAIGN – HighRise Tridel, Ten York – Aareas Interactive, The Brand Factory
BEST WEBSITE – HighRise Dundee Kilmer Developments, Canary District Condominiums – Montana Steele Advertising
BEST HIGHRISE SALES OFFICE MOD Developments, Massey Tower – L.A. Inc., Cecconi Simone, Geron Associates
062 new Condo Guide may 18 - jun 1, 2013
BEST SUITE DESIGN - Under 750 square feet Concert Real Estate Corporation, 88 Scott, “Plan B1” – IBI Group
BEST SUITE DESIGN - 750 - 1,500 square feet Triangle West Developments, ART Condos, “E4” – Hariri Pontarini
BEST SUITE DESIGN - Over 1,500 square feet Mansouri Living, The Perry, “Annex Collection – 3 Bedroom” – IBI Group, The Design Agency
BEST MODEL SUITE MOD Developments, Massey Tower – Cecconi Simone
BEST SALESPERSON OR TEAM – HighRise Tridel, Ten York – Candyce Charles and Chilli Yung
BEST BROCHURE – HighRise Mansouri Living, The Perry – The Design Agency
may 18 - jun 1, 2013 new Condo Guide 063
IN THE NEWS
WINNING WEEK FOR TRIDEL! Tridel wins Tarion’s Highrise Builder of the Year and BILD’s Home Builder of the Year Awards – in the same week
The end of April saw a remarkable week of honours for one of Canada’s
leading condominium developers, Tridel. The company received prestigious accolades from the home building industry’s two most prominent organizations, Tarion and the Building Industry and Land Development (BILD) Association. In an extraordinary coincidence, these independent organizations saw their top annual awards – Tarion’s Ontario Highrise Builder of the Year and BILD’s Home Builder of the Year – awarded to the same company. “Tarion’s Award of Excellence and BILD’s Home Builder of the Year designation represent the pinnacle of a developer’s success,” says Jim Ritchie, Tridel’s senior vice-president of sales and marketing. “While each award is determined by a distinct set of criteria, both seek to acknowledge excellence, craftsmanship, customer service and a commitment to the industry. Tridel is honoured to receive this ultimate recognition from such revered organizations.”
Tarion’s Award of Excellence and BILD’s Home Builder of the Year designation represent the pinnacle of a developer’s success Established by the Tarion Warranty Corp., the annual Awards of Excellence recognize developers solely on their customer service delivery. Recipients are chosen based on a comprehensive survey that covers every stage of the homeowner-builder relationship and is distributed to more than 40,000 new homeowners who took possession of a new home between 064 new Condo Guide may 18 - jun 1, 2013
Oct. 1, 2011 and Sept. 30, 2012. “Happy, satisfied homeowners are the best indicator of good customer service. Tarion Award of Excellence winners are decided by homeowner feedback and recognize builders who go the extra mile to put their purchasers first,” says Howard Bogach, Tarion president and CEO. While the Tarion Award reflects the sentiments of its customers, BILD’s Home Builder of the Year Award, reflects the opinions of the company’s peers in the development industry. Recognized as the most prestigious award at the annual home builders show, the Home Builder of the Year designation is all-encompassing as it recognizes a developer’s leadership in the industry, its innovation and dedication to quality, its commitment to green building and contributions to the community, as well as providing outstanding customer service. Reflecting on the BILD award, Tridel’s Ritchie notes that the company is “absolutely thrilled and honoured to win the Home Builder of the Year Award, an award which recognizes our complete dedication to building quality and providing nothing but the best for our purchasers and communities. “To win either a Tarion Award of Excellence, or BILD’s Home Builder of the Year title is an exceptional accomplishment,” says Ritchie. “But to win them both, in the same week, is something truly remarkable and we are grateful to both these organizations for the honours they have bestowed on Tridel.”
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067
in the news
Boomers risk straining finances to support boomerang kids: TD poll TD Canada Trust partners with family relationship expert Gary Direnfeld with advice on applying tough financial love Many parents feel the need to give financial support to their grown children well into adulthood, from welcoming them back home after graduation day to helping them pay off their credit card. In fact, one-in-five Boomers (19 per cent) admit they would consider putting their own security and financial future at risk to help support their adult children. New research from TD Canada Trust shows the majority of Boomer parents have financially supported their adult children in some capacity. They have let them live at home rent free (43 per cent), subsidized big purchases like a new car or computer (29 per cent), contributed to monthly bills like groceries and rent (23 per cent), and helped pay off their credit card or other debt (20 per cent). John Tracy, a senior vice-president at TD Canada Trust, warns too much financial support – coupled with mortgage payments, retirement savings, and even elder care – could put a serious strain on Boomers’ finances. “Today’s high youth unemployment,
increasing post-secondary education costs and high property prices means many young people are more likely to rely financially on their parents well into adulthood,” says Tracy. “As a parent, it’s natural to want to help when children struggle with finances, but it’s important this support does not compromise your own financial stability and retirement savings goals.” Family relationship expert and social worker Gary Direnfeld said a little tough love is essential to avoid a cycle of dependency and to maintain healthy family dynamics. “Some parents worry too much about being liked by their kids, but as parents it’s our job to teach our children financial independence so they learn how to cope with frustration, overcome adversity and appreciate the value of a dollar,” Direnfeld says. “Even if money is not an issue, setting boundaries and knowing when to say ‘no’ from the time kids are young will help develop responsible young people, so we don’t end up with a generation of dependent adults.” Additional advice from Tracy and Direnfeld on how boomer parents can practice tough love when it comes to family finances: 1. Have open and honest conversations
“Don’t assume that everyone is on the same page; be clear on what you are and are not willing to support financially,” says Tracy. For example, if grown children move back home, will they be responsible for paying rent or covering any household expenses, and what are the implications if downsizing is a future consideration? continued on page 72… 068 new Condo Guide may 18 - jun 1, 2013
The evolution of modern condo living COMING SOON ON YONGE AT EGLINTON
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ARCHITECTURE BY NEW YORK BASED PEI PARTNERSHIP in collaboration with Quadrangle Architects celebrating Toronto’s architectural modernist era
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may 18 - jun 1, 2013 new Condo Guide 069
in the news
Pei Partnership Architects and Tower Hill Developments unveil 2221 Yonge Modernist condo promises affordable luxury in Toronto’s vibrant Midtown
With the launch of Tower Hill Developments’ new
2221 Yonge Condominiums on Yonge St. at Eglinton Ave., the Pei architectural dynasty makes its towering mark once again on the skyline of Canada’s largest city. Tower Hill retained world-renowned, New Yorkbased Pei Partnership Architects in collaboration with Toronto’s Quadrangle Architects. They have created an elegant, sleek and sophisticated 56-storey tower, which will transform the city’s Midtown district at Yonge and Eglinton with its cantilevered terrace design. According to Tower Hill Development’s vice-president Russell Masters, “This elegant, luxury tower epitomizes our key principals as a developer and will bring something extraordinary to this amazing neighbourhood. We try to create buildings that are liveable, unique and will stand the test of time. We are confident we have done exactly that with 2221 Yonge Condominiums.” With a range of suite designs from studios to threebedrooms starting at $199,900, 2221 Yonge is already generating widespread attention as Midtown’s most affordable and desirable luxury condominium project. That buzz is being fuelled by the neighbourhood’s array of amenities ranging from restaurants and movie theatres, to chic boutiques and family-friendly parks, steps from the subway.
pictured left
Li Chung Pei, co-founder, Pei Partnership Architects 070 new Condo Guide may 18 - jun 1, 2013
Pei Partnership Architects, founded by Chien Chung Pei and Li Chung (Sandi) Pei, has used a simple twist of 2221 Yonge’s soaring tower and clever manipulation of materials to create a sun-filled amenity space with striking landscaping atop the building’s six-storey podium, along with spectacular suite views. “The experience of working with Pei Partnership Architects to design this beautiful residential landmark community has been fantastic,” Masters says. “The Pei family’s work has changed cities around the world, and we believe that 2221 Yonge will define Midtown Toronto for generations to come.” Pei Partnership Architects, founded by Chien Chung Pei and Li Chung (Sandi) Pei, has used a simple twist of 2221 Yonge’s soaring tower and clever manipulation of materials to create a sun-filled amenity space with striking landscaping atop the building’s six-storey podium, along with spectacular suite views. New York-based Pei Partnership Architects are well known for constructing era-defining buildings such as The Centurion condo in New York City and Commercial Bank of China Headquarters in Beijing. Quadrangle Architects is one of Toronto’s most well-known architecture firms, and its condominium communities can be seen across southern Ontario. “We sought to distinguish this project from ubiquitous glass tower schemes by highlighting its wraparound balconies as a unique design feature, rather than as appendages to a large glassy mass,” says Sandi Pei, the lead architect on the project. “Ours is an updated version of the modernist concept that provides abundant outdoor living space, shading and privacy from adjacent buildings.” Pei’s design incorporates a wide array of world-class amenities, including the sprawling Rooftop Sky Lounge featuring an outdoor terrace and
lounge area. Perhaps the building’s most spectacular amenity is the avant-garde Wet Spa, an indoor oasis featuring warm, hot and massage pools, as well as private treatment rooms. The opportunities to retreat and relax don’t end there. 2221 Yonge’s seventh floor offers extensive lounge space, two media and gaming theatres, a comprehensive fitness studio and outdoor seating areas with fireplaces, barbecues and stylish cabanas. The building’s interiors are being designed by Toronto’s Munge Leung. For more information, visit 2221yonge.com or call 647.350.2221.
may 18 - jun 1, 2013 new Condo Guide 071
in the news
continued…
2. Pay yourself first
Tracy says it is vital to prioritize retirement savings in peak earning years, so parents should refer to their financial plan before lending a hand to their children. “Millennials have decades left in the workforce to earn money, but Boomers likely do not,” says Tracy. “If parents can’t support themselves in retirement, then they risk shifting the financial strain onto their children instead.” To make saving simpler, set up regular pre-authorized transfers of a set amount into an RSP, and ideally, a TFSA for emergencies. Saving automatically can help parents resist the temptation to splurge on their children instead of saving for the future.” 3. Budget and plan for generosity
“If the support strains your finances, share those concerns and explain the basis for your decision to cut back or say ‘no,’” Direnfeld says. “The big challenge is withstanding the initial backlash and staying firm. Depending on the circumstances, some families find it useful to seek support from a third party, like a financial advisor or social worker.”
Direnfeld adds that grown children need to understand independence means owning their own consequences, and he says parents should let their children learn this lesson through experience rather than making a decision to support them out of guilt. 072 new Condo Guide may 18 - jun 1, 2013
Fifty-four per cent of parents estimate that even though their adult children are not attending school, they provide between $100 and $300 each month in financial support. The research also found 18 per cent of parents have helped their children with the down payment on their first home. Regardless of how much support parents offer, Tracy says it’s crucial to budget for it. “Before helping with a down payment, speak with a financial planner and mortgage expert in tandem to understand the financial implications and, more importantly, to find out if all parties can truly afford to do it,” Tracy says. “If your child has saved a sizable down payment and proven they are ready to take on the responsibility of a mortgage, topping up their down payment could save them thousands of dollars in the long run if you have the means.” 4. Be a role model and teach financial literacy
Tracy and Direnfeld agree that teaching children about money from a very young age can help prevent a cycle of dependency. But, for parents who feel the strain of supporting adult children today, they recommend firm but measured action. “Parents should gradually shift their role from financial aid to financial coach, and help their kids establish a plan to get their expenses under control and pay down debts,” says Tracy. Direnfeld adds that grown children need to understand independence means owning their own consequences, and he says parents should let their children learn this lesson through experience rather than making a decision to support them out of guilt. “Being a role model is only as good as the example you set; let your children see that you hold them accountable for their own decisions,” says Direnfeld.
073 new Condo Guide may 18 - jun 1, 2013
condo profile
Dream Tower What is location worth in today’s market?
n
o matter how many times you hear the phrase “location, location, location,” it still rings true as one of the most important factors when considering where to buy your condo. Not only does a great location give you better lifestyle choices for today, it also means the value of your real estate is better protected as the years go by. Dream Tower at Emerald City is all about location. In fact, it really doesn’t get any better. Located at one of the highest points in North York, Dream Tower is surrounded by major highways, mere steps from Fairview mall and lastly, provides easy access to the Don Mills Subway Station and TTC. Imagine being able to shop at some of Canada’s best retailers, enjoy a great meal or even a movie at Fairview Mall. All this just steps from your
074 new Condo Guide may 18 - jun 1, 2013
door. Want to go downtown? Now you have choice. The Don Valley Parkway is one city block away. Or, if you prefer, take the subway, it’s right outside your door. The convenience is outstanding and makes Dream Tower one of the best values on the Sheppard corridor right now. Everywhere you look, living at Dream Tower feels luxurious, spacious and elegant. The designs are bright and airy with incredible views from large balconies or terraces. There are soaring nine- and 10-ft. ceiling heights. The appointments in luxurious bathrooms include integrated sinks, deep soaker tubs as per plan, single lever chrome faucets and more. Kitchens include a choice of exquisite granite countertops, flat paneled cabinets, under-mount sink and also feature single lever chrome faucets. Dream Tower, the third tower in ELAD Canada’s successful Emerald City community, is the defining feature of this prime North York neighbourhood, with easy underground access to the Don Mills subway, right across from Fairview Mall, and with two major highways, both Hwy. 401 and 404/DVP combination offering quick connections wherever and however you need to go. All the residents of the Emerald City community enjoy a full roster of family-friendly amenities such as a swimming pool, party room, landscaped terrace, a gym and exercise facility and a yoga studio. The outdoor park and children’s playground provides a great social space for the building’s residents to meet, mingle and make friends. Other amenities include a lounge, private theatre and guest suite. ELAD Canada is building a strong reputation for innovation in the Canadian market. The company tends to focus more on developing long-term communities rather than single tower initiatives and have an impressive list of projects in Canada including developments in Montreal and Toronto. Emerald City and Dream Tower has a Facebook page with up to the minute information about what’s going on at facebook.com/ emeraldcitylife Model suite is open The Dream Tower fully furnished, two-bedroom model suite is open. And we welcome you to come to the sales centre on the South/East corner of Sheppard Avenue and Don Mills Road between 11 a.m. to 6 p.m. Monday to Thursday and from noon to 5 p.m. on weekends. You can also book an appointment right now at dreamtower.ca or by calling 416.492.0001. may 18 - jun 1, 2013 new Condo Guide 075
IN THE NEWS
Location, Location, Location
BMO report shows safety, quiet street and good neighbours are top priorities for homebuyers
While there are a number of factors to consider
when deciding on the right location to buy a home, Canadians view the safety of a neighbourhood to be the most important (63 per cent) feature of a home’s location, according to a new BMO Bank of Montreal survey. The survey, conducted by Pollara, also found that living on a quiet street (43 per cent), having good neighbours (30 per cent), having a short commute to work (28 per cent) and being near family and friends (25 per cent) rank high on Canadians’ list of location priorities when buying a home. “Everyone has a unique set of personal and financial priorities, so it’s important that those particular needs are considered when deciding on the right location to purchase a home,” says Laura Parsons, mortgage expert, BMO Bank of Montreal. “Taking a practical approach to home buying is the key to preventing yourself from getting ‘swept away’ by the bells and whistles of a house. Home buyers should make a list of needs versus wants
and prioritize them in order of highest to lowest importance.” The poll also revealed that significant differences become apparent when comparing the national averages to first-time homebuyers. For instance: • Having a short commute to work is more important to first-time buyers than the average buyer (34 per cent versus 28 per cent) • Living near public transit (28 per cent versus 19 per cent) is also higher on the priority list for firsttimers than repeat buyers However, living on a quiet street (30 per cent versus 43 per cent) and having good neighbours (21 per cent versus 30 per cent) are far less important to first-timers continued on page 78…
076 new Condo Guide may 18 - jun 1, 2013
A NEW LANDMARK IS RISING AT YONGE & EGLINTON.
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may 18 - jun 1, 2013 new Condo Guide 077
IN THE NEWS
continued…
Location priorities
National
First-time buyer
Safe neighbourhood
63%
Quiet street
REGION ALT
QC
ON
MB/SK
AB
BC
Mon
Tor
Cal
Van
62%
71%
55%
63%
73%
67%
63%
59%
60%
64%
62%
43%
30%
41%
54%
39%
37%
41%
42%
48%
28%
37%
37%
Good neighbours
30%
21%
38%
25%
31%
32%
30%
28%
21%
25%
23%
23%
Short commute to work
28%
34%
23%
30%
26%
38%
30%
28%
28%
28%
35%
33%
Near friends and family
25%
20%
26%
28%
24%
28%
22%
23%
27%
25%
22%
22%
Near stores and restaurants
23%
28%
28%
20%
23%
24%
23%
26%
22%
24%
26%
32%
Near public transit
19%
28%
9%
20%
21%
11%
15%
21%
28%
31%
20%
29%
Parsons encourages buyers and sellers to be aware of any changing conditions on the local level. “If planning to buy or sell a property, consider working with an expert who can help you make decisions that are appropriate to the health of your local market, and more importantly, that fit within your particular personal and financial priorities. “Getting pre-approved financing, choosing a fixed rate and stress-testing mortgage payments in advance of buying a home can provide peace of mind and help home buyers become mortgage-free sooner,” adds Parsons.
“Realtors are always available to help buyers find the property that’s right for them,” says Laura Leyser, president of The Canadian Real Estate Association. “And to provide consumers with information to help them through this difficult and emotional process, our Homebuyers’ Road Map, developed in collaboration with the Financial Consumer Agency of Canada, is available online at crea.ca/resources
“ Getting pre-approved financing, choosing a fixed rate and stresstesting mortgage payments in advance of buying a home can provide peace of mind and help home buyers become mortgagefree sooner,” adds Parsons. 078 new Condo Guide may 18 - jun 1, 2013
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may 18 - jun 1, 2013 new Condo Guide 079
BUYER PROFILE
Savvy investor thinks
KING BLUE WILL BE BEST BUY YET
Pat Zangari knows a thing or two about choosing a condominium. A keen investor, he owns a number of them, with some right in King Blue’s Entertainment District neighbourhood. He knows about location, finishes and amenities. He knows what makes value climb – and he knew as soon as he looked at King Blue that he had found his next purchase. “I think this one will be the best one yet,” he says. “Just the pool and the rooftop alone make it unique. This is clearly a superior property.” Zangari says it started with the neighbourhood, which he already knew was “amazing.” “It has everything,” he says, including the annual Toronto International Film Festival, which he makes a point to attend. “Tons of fine dining, great coffee shops, theatre, shopping. It’s a quick walk to the train, to the 080 new Condo Guide may 18 - jun 1, 2013
bottom
Pat Zangari with Toronto Maple Leafs Legend Wendel Clark at the recent King Blue Condos Grand Opening.
Tons of fine dining, great coffee shops, theatre, shopping. It’s a quick walk to the train, to the movies – Toronto has nothing to offer that isn’t right here.
movies – Toronto has nothing to offer that isn’t right here.” The suite itself, a one-bedroom unit, appealed in part because of its 39th floor, south-facing location. “Imagine the lake view,” he says. “It’s going to be unbeatable.” He was also taken with the layout that includes a functional foyer. Then there were the finishes. From the hardwood floors and wide, solid-wood baseboards, to the integrated appliances and glass cabinetry, to the honed marble floors in the ensuite, he says it was clear immediately that everything that went into King Blue would be a cut above. “This is a high-end building,” he says. “The appliances, the floors, the tile – everything was not just beautiful, but made to exacting standards and perfectly packaged.” He says the final decision-maker was his first-hand knowledge of the developer, Easton’s Group, and president Steve Gupta. “I’ve stayed at the Marriott a lot. I knew their work, and I knew they would do this properly,” he says. Once his research was done, it was clear that the location, suite layout, finishes, amenities and experienced developer had come together to provide an irresistible opportunity for his next investment. He’s so convinced, he has already recommended King Blue to a friend, who recently bought a suite of his own.
The opportunity to buy at King Blue is even more irresistible right now, with a selection of valuable incentives available for a limited time. Purchasers of studio suites will receive $5,000 cash back; $7,500 for onebedrooms (including plus den), and $12,000 for two-bedroom (plus den) suites. With prices starting in the mid-$200s and a Centre Ice location at King Street West and Blue Jays Way, King Blue offers superior value, and that adds up to long-term success. “There’s no question that this was the right buy at the right time,” Zangari says. “Everything about King Blue tells me this was a very smart buy.” Visit the King Blue Presentation Centre at 355 King St. W., Monday to Thursday from noon to 6 p.m. or Saturday and Sunday from noon to 5 p.m. Be first to find out what’s going on at King Blue by registering at kingbluecondos.com may 18 - jun 1, 2013 new Condo Guide 081
the scoop
02
01 04
the scoop
03
This look is simple and inviting. Create a similar look in your own space with comfortable seating, plush pillows and decorative accessories.
Outdoor Pillow in Grey. $40. Visit modernfurniturecanada.ca
catch up on dÉcor news, inspiration, style and more
Pierced Ceramic Lanterns. $17-$25. Visit homesense.ca
1. Outdoor Open Arm Sofa in Silk Solartex by Sarah Richardson. $3,150. 2. Outdoor Open Arm Lounge Chair in Silk Solartex by Sarah Richardson. $1,295.
// by sara duck
Max Corp 50270 Pena Pedestal Bowl by Imax Corp. $109. Visit amazon.ca
3. Outdoor Rectangular Coffee Table in Silk Solartex by Sarah Richardson. $975. 4. White Lanterns. $36-$39. Visit andrewricharddesigns.com continued on page 84‌
082 new Condo Guide may 18 - jun 1, 2013
FIRST-TIME BUYERS
TAKE YOUR FIRST STEP HOME!
OWN A DOWNTOWN CONDO FOR JUST
$1000
DOWN.*
Canary District presents MyHome®. Now you can own a superb downtown condo at Canary District with payments of just $1000 every month until you reach 5% of the purchase price. Located in Toronto’s fast-growing downtown east, Canary District is a visionary urban community, adjacent to a brand new 18 acre park, new YMCA, vibrant retail, art and culture.
First-Time Home Ownership
First-Time Home Ownership
To learn more about this fantastic home ownership opportunity register for one of our MyHome® seminars starting soon!
SOME QUALIFICATIONS APPLY. SEATING IS LIMITED, REGISTER TODAY!
CALL 416.603.7576 OR VISIT CANARYDISTRICT.COM
UNDER CONSTRUCTION
CONDOS FROM THE MID $200’s
CONDOMINIUMS
RETAIL
CULTURE
PARK
WELLNESS
*SPECIFIC QUALIFICATIONS DO APPLY. THIS IS A LIMITED TIME OFFER AVAILABLE TO SELECT SUITES ON A FIRST COME, FIRST SERVED BASIS. SPECIAL CONDITIONS APPLY. PLEASE VISIT THE SALES CENTRE FOR DETAILS. ILLUSTRATIONS ARE ARTISTS’ CONCEPT E. & O.E.
Canarydistrict.com/blog
Twitter.com/canarydistrict
Facebook.com/thecanarydistrict
may 18 - jun 1, 2013 new Condo Guide 083
the scoop
continued…
Having a moment... French Bulldogs OR FRENCHIES (their popular moniker) have recently made their (paw) mark on the décor scene. We have noticed that these pups are seriously trending at the moment – gracing everything from wall art and pillows to bookends and decorative statues – and that has us howling with delight.
French Bulldog Framed Art. $237. Visit overstock.com
Sitting French Bulldog. $49. Visit urbanbarn.com
Looking to add some woodwork to complete your backyard sanctuary? Why not try MicroPro Sienna, a durable wood product that looks like cedar but without the cost. Ready to install in a rich, naturallooking wood tone, it’s an ideal alternative for decks, fences, landscaping, railings, lattice and other outdoor projects and boasts low VOCs emissions. Available at Lowe's and Home Hardware.
TREND ALERT: Vintage Coloured Glassware Marshalls – the offprice retail mecca – has recently expanded and opened up 13 new stores across Canada. To find a store near you, visit marshallscanada.ca
What's old, is new again! Vintage glassware in pretty hues is a great way to add a pop of colour to your table setting this summer. For a truly vintage vibe, collect glassware in mismatching colours. $8-$30. Visit chapters.indigo.ca
Editor fave! Enjoying thick, fluffy, gourmet waffles at home is a cinch with this nifty Belgian Style Flip Waffle Maker 26010C from Hamilton Beach. $50. Visit hamiltonbeach.ca
continued on page 86… 084 new Condo Guide may 18 - jun 1, 2013
king & bathurst the oneeleven condominium residences at king and bathurst are 60% sold! presentation gallery + model suite located at 111 bathurst (bathurst + adelaide). Prices start from the mid $200’s. don’t miss out on this amazing opportunity to live in king west. register today at oneeleven.ca or call 647 347 4111.
CONDOMINIUMS + LOFTS presentation gallery hours of operation monday to wednesday noon - 6pm thursday three - 8pm saturday & sunday noon - 5pm
the lobby at oneeleven
sophistication meets modern art, where a refined contemporary design enhances rich, inspired urban lifestyles.
Exclusive Listing Brokerage: Brad J Lamb Realty Inc. Brokers Protected. Rendering is an artist’s impression. Prices and specifications are subject to change without notice. E.&O.E. January 2012 may 18 - jun 1, 2013 new Condo Guide 085
the scoop
continued‌
The Royal Treatment! In honour of the new royal baby due in July, we picked out seven gifts we'd give Duchess Kate for her baby shower.
Every Day Blanket in Rabbit Patch. $80. Visit chapters.indigo.ca
Marimekko Dish Set - Karkulaiset by Marimekko. $76. Visit ellaandelliot.com
Tiffany Bows Spoon in Sterling Silver. $165 Visit tiffany.ca
Crown Knot Top Beanie. $16. Visit kirakids.com
Wheely Bug - Bee Large. $98. Visit ellaandelliot.com
PsSST! Holt Renfrew has collaborated with beloved Italian fashion designer Giorgio Armani and Free The Children to create an exclusive limited edition baby blanket. Proceeds of the blanket will support Free The Children's international developing communities in Kenya, providing the necessary healthcare, clean water and support needed for Maasai mamas and their babies, through the first year of the child's life. We love the four different designs, which were inspired by the bold colours of the traditional kanga wrap worn by Maasai mamas. $50. Visit holtrenfrew.com
086 new Condo Guide may 18 - jun 1, 2013
Elephant Nightlight. $48. Visit jonathanadler.com
Romeo & Juliet, Counting Primer by Jennifer Adams. $10. Visit babylit.com
50%SOLD
SOLD OUT
PHASE ONE
087
in the news
Skyline completes acquisition at Blue Mountain $20-million acquisition includes retail assets and remaining developable land
Skyline International Development Inc.,
one of Canada’s leading owners, operators and developers of resorts and destination communities, has closed on a $20-million investment and acquisition in Blue Mountain, Ont. Skyline has purchased both retail and undeveloped residential land interests in and adjacent to the renowned Blue Mountain Village at the base of Blue Mountain Resort which offers ski, golf and lodging. Under the retail portion of the agreement, Skyline has acquired 50 per cent of existing commercial retail space within the Blue Mountain Village from current owner Intrawest ULC. In addition, Skyline will manage the remaining 50 per cent of the Village’s retail space. Skyline has also acquired the land to build an additional 20,000 sq. ft. of retail space to expand the Village retail. Skyline’s retail interest under agreement at Blue Mountain is currently generating $1.5 million of net operating income. In the residential portion of the acquisition, Skyline has acquired 136 acres of remaining developable land in and adjacent to the Village, with plans to double the Village’s current residential footprint. Skyline intends to develop 1,200 residential units, townhouses and singlefamily homes along the golf course and in the Village centre in the years ahead. “We are very excited to be part owners of one of North America’s premier destinations.
Founded in 1998 by visionary entrepreneur Gil Blutrich, Skyline has expanded rapidly, growing its asset base from $20 million (in 2000) to close to $300 million today with the acquisition of premier resort properties in southern Ontario. 088 new Condo Guide may 18 - jun 1, 2013
The Blue Mountain Village acquisition is an important milestone for Skyline’s growth. As of today, we can offer visitors and home buyers a unique set of four-season activity-focused destination communities, extending from downtown Toronto and reaching across southern Ontario,” says Gil Blutrich, Skyline chairman. “We look forward to bringing the knowledge and expertise of our team to the table to make Blue Mountain this country’s top vacation destination, while offering more home buyers the chance to live in the heart of this thriving resort community and be connected to the rest of our portfolio.” Founded in 1998 by visionary entrepreneur Gil Blutrich, Skyline has expanded rapidly, growing its asset base from $20 million (in 2000) to close to $300 million today with the acquisition of premier resort properties in southern Ontario. The company recently introduced its innovative SkyLife Club, Ontario’s first year-round city and country club offering familyoriented recreational, leisure and social activities and benefits through the premier portfolio of Skyline Hotels & Resorts. “Blue Mountain Village and real estate development is an ideal fit for our organization given Skyline’s experience as an owner and manager of other well-known Ontario resort properties such as Deerhurst and Horseshoe Resorts,” says Skyline CEO Michael Sneyd. “This acquisition not only makes financial sense and aligns with our long-term growth strategy, but strengthens our market position and creates opportunities for Skyline’s continued Canadawide expansion.”
COMING SOON to SHEPPA RD & WA RDEN
A new community offering comfort, convenience and culture. A new home designed for you. Starting at $238,000. Register Today!
HarmonyVillage.ca All prices, sizes and speciďŹ cations are subject to change without notice. Rendering is artist’s impression. E. & O. E. Images are for mood and impression only.
089
condo watch
new releases & grand openings 36 Hazelton by Alterra
Construction has started at this luxury boutique condo in the Yorkville neighbourhood. Web: 36Hazelton.com
101 Erskine by Tridel
A quiet sensibility in the midst of Yonge and Eglinton. Grand opening. Web: Tridel.com/101erskine
Avani at Metrogate by Tridel
New suite release at Metrogate’s newest address at Kennedy and Hwy. 401. Web: Tridel.com
416
Builders: If you would like to include your preview registration, new release or site opening in this feature, just email the details to susan.legge@wall2wallmedia.com
The Bond by Lifetime Developments
New release – top five floors. Introducing The City Collection at Adelaide and John. Now open. Web: TheBond.ca
E Condos by RioCan, Bazis, Metropia
Condominium residences on the northeast corner of Yonge and Eglinton. Grand opening. Web: ECondos.com
Exhibit by Bazis, Metropia, Plaza
Limited edition penthouse collection at Bloor and Avenue Road. Web: Bazis.ca
Fuse 2 by Neudorfer Corporation
Now releasing phase two of this master- planned community in Davenport Village. Web: FuseCondos.com
Gramercy Park by Malibu
An urban oasis built around a private park in North York. Move in soon. Web: GramercyPark.ca
Imperial Plaza by Camrost Felcorp
New suite release at Yonge and St. Clair. Book your private appointment today. Web: ImperialPlazaToronto.ca
Ivory by Plaza
Newly released Pure Platinum Penthouse Collection on Adelaide, in the heart of old-town Toronto. Web: PurePlaza.com
Life Condominiums by Chestnut Hill Homes
A stylish, 13-storey midrise at Yonge and Merton with 149 spacious suites. Now open. Web: LifeCondos.ca
The Madison by Madison Homes
Grand opening of Top Floors at Yonge and Eglinton. Web: MadisonCondos.ca
One Bloor by Great Gulf
New suite release at this coveted Yonge and Bloor condo, now under construction. Web: OneBloor.com
Picasso by Monarch Corp. & The Goldman Group
Now open, an iconic building in the heart of the evolving Entertainment District. Web: MonarchGroup.net
Post House by Alterra
Construction underway at this boutique condo in the St. Lawrence Market neighbourhood. Web: PostHouseCondos.com
Rise by Reserve Properties
Downtown living at a mid-town price. Grand opening and new release. Web: RiseCondos.com
River City 2 by Urban Capital
New release of penthouses with rooftop terraces and townhomes up to 1,877 sq. ft. Web: RiverCityToronto.com
Vivid by Pemberton Group
Grand opening continues at Pemberton’s Vivid at Islington and Bloor. Web: VividCondos.com
X2 Condos by Lifetime & Great Gulf
Sophisticated condominium now under construction at Jarvis and Charles. Web: X2Condos.com
continued on page 98… 090 new Condo Guide may 18 - jun 1, 2013
GTA Edition May 18 - Jun 1, 2013
Your complete source for condos, lofts and townhomes in Toronto
IN THIS SECTION Maps and listings for new condo communities in the 416 region Builder news and the latest in condos in the 416
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* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
# Builder 2 Great Gulf Homes 4 Gairloch Investments 6 Cresford Development Corp. 7 The Daniels Corporation 10 Empire Communities 16 Freed 20 Tower Hill Development Corporation 21 Easton’s Group 22 Monarch Corporation 37 Cresford Development Corp. 52 Cresford Development Corp. 59 Lindvest 85 Harhay Developments 99 Great Gulf Homes 117 Bazis Inc. 117 Metropia 117 Plaza 120 The Daniels Corporation 124 Pinnacle International 129 Concert Properties 131 Lanterra Developments 137 Alterra Homes/Finer Space 140 Eden Shaw 140 45 Charles Ltd. 149 Camrost - Felcorp 162 Pianosi Developments 171 Camrost - Felcorp 179 Graywood Developments 189 The Daniels Corporation 192 MintoUrban Communities Inc. 198 Menkes Developments Inc. 200 Freed 202 Bazis Inc. 202 Rio Can 202 Metropia 206 Mod Developments Inc. 215 Dundee Kilmer Developments 216 Tridel Corporation 1 Goldman Group & Lash Dev. Corp. 1 Goldman Group & Lash Dev. Corp. 1 Goldman Group & Lash Dev. Corp. 3 Concord Adex 3 Concord Adex 3 Concord Adex 3 Concord Adex 3 Concord Adex 5 Onni Group of Companies 5 Onni Group of Companies 8 Cresford Development Corp. 8 Cresford Development Corp. 8 Cresford Development Corp. 8 Cresford Development Corp. 9 Aspen Ridge Homes 11 Menkes Developments Inc. 11 Menkes Developments Inc. 12 North Drive Investment 13 Streetcar Development 14 Canalfa Group 14 Canalfa Group 15 Urbancorp Development Corporation 17 Malibu Investments Inc. 18 Urban Capital 18 Urban Capital 19 Delpark Homes 20 Menkes Developments Inc. 21 Remington Group 22 Tridel Corporation *TH: Townhomes, C: Condo
Site Telephone TH* C* Price Range Page Finder Yonge+Richmond 416-492-7420 • from $290,000 24 16K 383 Sorauren 383sorauren.com from $300,000 111 9L Merton Yonge Condominiums 416-484-1900 • from $320,000 151 14e High Park Condominiums 416-351-1844 • from $300,000 15 8L The HUB 416-408-1200 • from $220,000 6-7 9F 155 REDPATH 416-601-0060 • from $250,000 51 14D 2221 Yonge 647-350-2221 • from $200,000 69 14E King Blue Condominiums 416-599-1355 • from $250,000 79 12N Picasso on Richmond 416-495-3549 • from $280,000 Insert 14M Lofts 399 416-867-3999 • from $390,000 152 14L CASA III 416-977-1100 • from $240,000 IBC 15L B Streets 416-532-6636 from $300,000 108 13J One Eleven Condominiums & Lofts 647-347-4111 • from $250,000 85 13M One Bloor Residences 416-922-0081 • from $535,000 17 15I Exhibit Definitive Residences 416-967-7778 • from $320,000 27 14i Exhibit Definitive Residences 416-967-7778 • from $320,000 27 14i Exhibit Definitive Residences 416-967-7778 • from $320,000 27 14i One Park Place Condominiums 416-955-0559 • from $320,000 Insert & 57 18J The Pinnacle on Adelaide 416-596-1600 • 109 15M 88 Scott 416-216-8588 • from $400,000 53 17M Riverhouse at the Old Mill 416-766-7343 • from $520,000 31 5L Post House Condominium 416-964-2777 • from $350,000 67 16L Chaz 416-922-0045 • from $320,000 43 16J Chaz 416-922-0045 • from $320,000 43 16J Imperial Plaza 416-925-2501 • from $399,000 3 15I Perspective Condos 416-242-3500 from $280,000 103 4H Yorkville Plaza 416-966-3003 • • from $350,000 1 14H Five Condos 416-928-0555 • • from $250,000 49 15J Cinema Tower Condominiums 416-203-2020 • 39 14M 30 Roe 416-915-3812 • from $321,000 77 14D Noir menkes.com • Insert 15M SIXTY Colborne 416-601-0060 • from $300,000 66 16L E Condos 416-243-8688 • from $320,000 5 14E E Condos 416-243-8688 • from $320,000 5 14E E Condos 416-243-8688 • from $320,000 5 14E The Massey Tower 416-966-0197 • • from $320,000 47 16L Canary District Condominiums 416-603-7576 • from $250,000 83 18L 101 Erskine 416--480-0700 • • from $285,000 IFC 14E 530 St. Clair Ave. West 530condos.com • from $344,000 12H 500 St. Clair Ave. West 416-868-0500 • from $260,000 12H the rushton rushtonliving.com • from $344,000 12H ParadeTWO Tower Residences 416-813-0999 • from $287,000 15M Grand Parade 2 at Concord CityPlace 416-813-0999 • 15M ParadeTWO Park Collection at Concord CityPlace 416-813-0999 • from $308,000 15M Quartz 416-813-0999 • • 15M Spectra 2 416-813-0999 • • 15N Garrison at the Yards 416-260-2600 • from $190,000 14n West Lake 416-260-2600 • from $240,000 14N NXT 2 416-977-5300 • • from $300,000 8N NXT2/Phase Two 416-977-5300 • • from $210,000 8N Corporate 416-977-5300 • • from $300,000 8N NXT 416-977-5300 • • from $300,000 8N VU 416-970-9500 • • from $370,000 16L Pears on the Avenue 416-323-0100 • from $381,000 14I 365 Church menkes.com • 14I The High Park 416-670-3699 • from $300,000 8L Trinity Lofts 416-690-2988 • from $330,000 19l Liberty on the Park Condominiums 416-537-0047 • from $363,000 12N Liberty Place 416-537-0047 • • from $170,000 12N Westside Lofts 416-516-5848 • from $180,000 12m LTD 416-601-2223 • from $310,000 14M River City 416-862-0505 • • from $250,000 18L River City 2 416-862-0505 • • from $250,000 18L Broadview Villas 416-429-7888 • from $490,000 19g Fabrik 416-591-7700 • from $250,000 14M King Blue Condominiums 416-599-1355 • from $250,000 12N Ten York 416-596-9888 • 12F
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554
Builder
Site
*TH: Townhomes, C: Condo
Telephone
TH* C*
Price Range
Page
The College 416-363-4800 • from $300,000 Axiom Condominiums axiomcondos.ca • from $200,000 Success Tower at Pinnacle Centre 416-360-0673 • from $750,000 33 Bay Residences at Pinnacle Centre 416-925-3325 • Churchill Park Condominiums 416-966-9080 • from $900,000 The Madison 416-482-8090 • from $390,000 Infinity Condominiums 416-214-1988 • from $250,000 Milan 416-928-7409 • from $520,000 CASA 416-977-1100 • from $710,000 The Bloor St. Neighbourhood 416-977-1100 • from $600,000 CASA 2 416-977-1100 • from $250,000 The 500 Condos + Lofts 416-960-0606 • from $400,000 King West 416-367-5464 • from $210,000 775 King West 416-367-5464 • from $330,000 3018 Yonge In Lawrence Park 3018yonge.com • from $390,000 Monde mondegreatgulf.com • from $300,000 The Uptown Residences 416-987-3500 • from $950,000 The Brant Park 416-703-7271 • from $250,000 King West - The Lanes contextkingwest.ca • from $250,000 Foundry Lofts 416-531-7760 from $399,000 Brownstones on the Park 416-531-7760 • from $320,000 Brownstones 416-531-7760 • from $300,000 The Upper Canada Condominium 416-489-5194 • from $1800,000 The Upper Canada Condominiums 416-489-5194 • from $1.8,000 455 Adelaide West - Fashion District Lofts 416-603-6166 • • from $280,000 Fashion House 416-366-0560 • from $250,000 Beach Hill Residences 416-422-0880 • • from $200,000 Schoolhouse 416-979-1333 • from $595,000 Worklofts 416-368-5262 • from $243,000 Flatiron Lofts 416-368-5262 from $243,000 300 Front Street West 416-217-0300 • from $324,000 Reve 416-514-2710 • from $334,000 One Eleven Condominiums & Lofts oneeleven.ca • from $250,000 Pier 27 Waterlink 416-367-3456 • from $300,000 Condos at The Distillery 416-361-1322 • from $400,000 Block liveatblock.com • The King East 416-368-5262 • from $300,000 East Condos & Lofts 416-368-5262 • from $310,000 King West kingwestlife.com • from $346,000 Four Seasons Private Residences Toronto 416-775-7500 • from $1900,000 Four Seasons Private Residences Toronto 416-775-7500 • from $1900,000 Seventy Seven Charles Yorkville 416-203-7034 • from $2100,000 Market Wharf 416-861-8181 • from $260,000 Library District Condominiums 416-861-8181 • from $222,000 Brownstones in Davenport Village 416-531-7760 from $245,000 Brownstones on the Park 416-531-7760 • from $260,000 Charlie 416-927-9772 • from $251,000 Ivory On Adelaide 416-862-0888 • from $279,000 Fly Condos 416-979-1333 from $310,000 Condo Living Store 416-979-1333 • U Condominiums 416-546-6605 • from $250,000 One Park West 416-955-0559 • from $406,000 Paintbox Condominiums paintboxcondos.ca • Festival Tower 416-203-2020 • from $350,000 X2 416-927-0080 • from $303,000 X2 416-927-0080 • from $303,000 Bisha Hotel & Residences 416-637-2211 • from $300,000 Art Condos 416-535-7775 • from $530,000 Two Old Mill 416-645-7022 • from $356,000 1717 Avenue Road 416-430-1717 from $1550,000 1717 Avenue Road 416-430-1717 • from $1295,000 RCM I on University 416-363-4800 • from $393,000 Queen & Portland 416-363-4800 • from $315,000 5 St. Joseph 416-928-0555 • • from $250,000 5 St. Joseph 416-928-0555 • • from $250,000 DNA 3 416-929-1030 • from $220,000 Downtown 416-598-5088 • from $210,000 12 Degrees 416-408-1200 • from $350,000 The Berwick 416-922-9425 from $280,000 The Grove 416-824-3390 • from $840,000 Riverside Towns 416-214-2000 • from $400,000 Riverside Towns 416-214-2000 • from $400,000 KEW Beach Living 416-690-0101 • • from $350,000 KEW Beach Living 416-690-0101 • • from $350,000 The Mercer 416-597-6940 • from $350,000 Studio on Richmond 647-352-7736 • from $300,000 Backstage on the Esplanade 416-777-2533 Backstage on the Esplanade 416-777-2533 Vero verocondos.ca from $250,000 Theatre Park 416-422-0333 • from $380,000 Theatre Park 416-422-0333 • from $490,000 Tableau Condominiums 416-591-8887 • • from $450,000 Tableau Condominiums 416-591-8887 • • from $350,000 King Charlotte 416-422-0333 • from $466,000 King Charlotte 416-422-0333 • from $312,000 Tableau Condominiums tableaucondos.com • • from $350,000 Carmelina 416-423-8500 • from $250,000 Yorkville Condominiums 416-987-3222 • • from $550,000 The Bond Condominiums 416-546-7525 • • from $300,000 Showcase showcaseliving.ca • from $210,000 L Tower 416-777-2533 • from $410,000 707 Lofts 707Lofts.com • • from $255,000 King + Condos 416-366-5464 • from $304,000 thirtytwo Camden 416-860-0060 • from $240,000 8 Gladstone 416-690-9009 • from $250,000 133 Hazelton Residence 416-487-9863 • Model Suite of the Month 416-487-9863 • 210 Simcoe 210simcoe.com • Five Condos 416-928-0555 • • from $250,000 Karma 416-551-2744 • from $180,000 Karma 416-551-2744 • Rise 416-546-7399 • from $290,000 Model Suite of the Month • Neon 416-987-7878 • from $210,000 The Carlaw 416-690-8588 • from $200,000 Nero 416-792-6418 • from $300,000 Allure Condominiums allurecondos.ca • from $350,000 Allure Condominiums allurecondos.ca • from $350,000 1000 Bay 416-485-3000 • FAD Condos 416-815-1818 • from $250,000 South Hill on Madison Condominiums southhillonmadison.com • from $200,000 INDX 416-987-4639 • INDX 416-987-4639 • The Carnaby 416-690-9009 • from $250,000 TUX greatgulf.com/register • from $250,000 SIXTY Colborne 416-598-7775 • from $300,000 109OZ 416-531-4844 • from $300,000 The Hill 416-408-1200 • from $260,000 The Sterling thesterling1919.com • • from $200,000 Wallace Walk wallacewalktowns.com • from $210,000 The St Clements 416--778-7070 • • The Perry 416-926-7555 • from $390,000
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
Finder M14 17L 17m 17m 13H 14E 16m 15I 15L 15L 15L 17I 14M 14M 14B 17M 16J 14M 14M 9I 9I 9I 14G 14G 14L 14L 23J 13i 20J 20J 15M 15M 13M 17N 18L 12K 18L 18L 13N 15I 15I 14J 17M 17M 9j 9J 14M 17L 14M 14m 15K 18J 18J M14 16J 16J 16m 12N 5L 13D 13D 14M 15I 16J 16J 12N 15N 15L 14D 11O 19K 19K 24J 24J 15M 15M 17M 17M 17M 16M 16M 15L 15L 15L 15L 15L 23J 15G 15G 19K 17L 12K 16L 14L M12 14I 14I 15M 15J 15K 15K 12H 12H 14D 19K 13L 14F 14F 15J 14M 13I 16M 16M 12M 15M 16L 12M 11E 9L 9L 21K
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554
torontoregionalmaps: Toronto, East York, York
#
23 Tribute Communities 24 Greenpark Homes 29 Pinnacle International 29 Pinnacle International 30 Tower Hill Development Corporation 32 Madison Homes 41 Conservatory Group 46 Conservatory Group 52 Cresford Development Corp. 52 Cresford Development Corp. 52 Cresford Development Corp. 54 Times Developments Inc. 55 MintoUrban Communities Inc. 55 MintoUrban Communities Inc. 57 Lanterra Developments 58 Great Gulf Homes 62 Pemberton Group 64 Lamb Development Corp. 64 Context Development Inc. 66 E-Park Development 66 Emsatec Canada Inc 66 Neudorfer Corporation 70 Madison Homes 70 State Building Group 73 Freed 73 Freed 74 Carlyle Communities 78 Empire Communities 81 Lamb Development Corp. 81 Lamb Development Corp. 83 Tridel Corporation 83 Tridel Corporation 85 Carttera 88 Fernbrook Homes/Cityzen Dev. 94 DHD Developments 100 Treasure Hill Homes 101 Lamb Development Corp. 101 Harhay Developments 102 Plaza 103 Menkes Developments Inc. 103 Lifetime Developments 104 Aspen Ridge Homes 106 Context Development Inc. 106 Context Development Inc. 109 The Brownstone Group of Companies 109 The Brownstone Group of Companies 110 Great Gulf Homes 114 Plaza 115 Empire Communities 115 Empire Communities 118 Pemberton Group 120 The Daniels Corporation 120 The Daniels Corporation 122 The Daniels Corporation 126 Great Gulf Homes 126 Lifetime Developments 128 Lifetime Developments 130 Triangle West Development 131 Tridel Corporation 132 Tribute Urban Living 132 Tribute Communities 133 Tribute Communities 134 Tribute Communities 135 Graywood Developments 135 Mod Developments Inc. 136 Canderel/Stoneridge 139 Parallax Investment Corporation 141 BSaR Ltd 142 Andrin Homes 143 Matthew Kinsella Custom Homes Inc. 144 Hyde Park Homes 144 Lamb Development Corp. 145 Longo Corporation 145 Lamb Development Corp. 148 Graywood/Beaverhall Development 150 Aspen Ridge Homes 151 Cityzen 151 Fernbrook Homes 151 Fernbrook Homes 152 Lamb Development Corp. 152 Niche Development 153 Urban Capital 153 Malibu Investments Inc. 153 Lamb Development Corp. 153 Niche Development 153 Alit Developments 154 Tre Memovia Developments 155 Lifetime Developments 155 Lifetime Developments 156 Aragon Properties 157 Castlepoint/Cityzen/Fernbrook 160 Enirox Group 163 Plus Development Group 165 Sorbara Group 170 Streetcar Development 173 Mizrahi | Khalili Developments 173 Mizrahi | Khalili Developments 175 Sorbara Group 179 Mod Developments Inc. 182 Lifetime Developments 182 Centre Court Development 184 Reserve Properties 184 Reserve Properties 185 Pemberton Group 186 Streetcar Development 187 Tofni Developments 188 Greenpark Homes 188 Greenpark Homes 190 Cresford Development Corp. 191 Tri-Win Developments Inc 193 Burnac Corporation 195 Lifetime Developments 195 Centre Court Development 197 Streetcar Development 198 Great Gulf Homes 200 Carttera 207 Reserve Properties 208 BSaR Ltd 210 Castlepoint/Numa 217 Torbel Group 218 Sonterlan Mansouri Living
093
1
2
3
4
5
6
7
8
A
9
10
11
12
13
14
15
16
17
18
101
Steeles Ave
19
21 22
23
24
124
96
25
26
121
99
33
b
20
North York c
14
400
2
135 37
124
40 8 50
1
128
4
401
d
6
28 43
123
e
34
401
21
3 122
f
130
98
125
132 25
g
95
h * Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
torontoregionalmaps: North York
#
094
1 96 121 122 123 128 130 2 3 4 4 4 4 6 6 6 6 6 8 9 14 15 21 28 33 34 37 40 43 43 50 50 86 94 95 96 99 101 122 124 125 128 132
Builder
Concord Adex ELAD Canada Liberty Development Corp. Lanterra Developments Brandy Lane Homes The Daniels Corporation Tribute Communities Torbel Group YYZed Project management Tridel Corporation Tridel Corporation Tridel Corporation Tridel Corporation Concord Adex Concord Adex Concord Adex Concord Adex Concord Adex Conservatory Group Conservatory Group Torbel Group Emery Condominiums Tridel Corporation Tridel Corporation Castle Royale Development Malibu Investments Inc. Norstar Group of Companies Menkes Developments Inc. Monarch Corporation Monarch Corporation MintoUrban Communities Inc. Devron Developments Canderel/Stoneridge DHD Developments Aspen Ridge Homes ELAD Canada The Brown Group of Companies Kantium Development Lanterra Developments Tridel Corporation Fram Building Group The Daniels Corporation Fram Building Group/Cadillac Fairview
*TH: Townhomes, C: Condo
Site
Telephone
TH* C*
Price Range
Page
Opus 416-813-2999 • • 18-19 Dreamtower At Emerald City 416-492-0001 • from $245,000 73 World on Yonge 905-771-7010 • 36-37 Treviso II 416-787-8882 • from $220,000 25 The Station 416-398-9777 • from $420,000 50 NY2 416-221-3939 from $220,000 41 Canterbury 647-352-2130 • • from $700,000 65 The Avanti Condominiums 416-636-0400 from $375,000 VISTO vistocondos.ca from $220,000 Hullmark Centre 416-733-2883 • from $524,000 Avonshire Parkside 416-730-0300 • • from $579,000 Aristo at Avonshire 416-730-0300 • Aristo2 at Avonshire 416-730-0300 • from $299,000 Tango at Concord Park Place 416-813-2999 • • from $236,000 Discovery at Concord Park Place 416-813-2999 • Discovery II at Concord Park Place 416-813-2999 • • from $210,000 Tango2 at Concord Park Place 416-813-2999 • from $265,000 Corporate 416-813-2999 • • from $210,000 Pearl Condominiums 416-512-1818 • from $200,000 Platinum Towers 416-512-1818 • from $340,000 Diva DivaCondo.com The Essential 905-887-4888 • from $250,000 Argento 416-663-1818 • Alto at Atria 416-645-8866 • from $288,000 The Palm Condominium Residences 416-306-1000 • from $400,000 Gramercy Park Condominium Residences 416-703-2202 • from $600,000 Portrait Condominiums 416-282-9600 • from $300,000 Gibson Square 416-730-9722 • from $363,000 Ultra at Heron’s Hill 416-495-3548 • from $200,000 Yorkland at Heron’s Hill 416-495-3548 • from $300,000 88 416-915-3805 • from $235,000 Flo Condominiums 647-799-0356 • from $250,000 Aura At College Park 416-962-8688 • from $500,000 Gooderham 416-361-1322 • from $410,000 Scenic on Eglinton 416-805-1781 • from $190,000 Emerald City Condominiums 416-492-0001 • from $250,000 Willow Park at Bayview 416-221-6767 • from $466,000 Posh Condominiums 905-771-0134 • from $544,000 Treviso Condominiums 416-787-8882 • from $200,000 Trio at Atria 416-645-8866 from $258,000 LIV Lofts 416-445-5638 • from $250,000 NY Place 416-221-3939 • from $250,000 Flaire Condos 416-445-8868 • from $320,000
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
Finder 22C 24C A18 12F 12D 19C 19F 17C 8E 18D 18D 18D 18D 22C 22C 22C 22C 22C 17C 18C 11C 20E 22e 25D 17B 13E 13C 17C 25D 25D 18c 18c 16K 18l 23G 24C 21 16A 12F 24C 22F 19C 22F
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554
1
2
3
4
5
6
8
21 22
bio
26
al
e
Islington Ave
62
Kipling Ave
Martin Grove Rd
10
Bl
vd
1
401 2A
Rathburn Rd
19
8
44
45
d
Bloor St W
Queensway
70
11 53 3 56 39 4 37 6 33
Gardiner Expressway Evans Ave
Horner Ave
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
5 Park Lawn
35
50 14 51 34
Royal York Rd
Dundas St W
h
d
Etobicoke
409
Scarborough
ett R Scarl
Westway
ll R Mi
ve nA
40
Dixon Rd
46
Builder Monarch Corporation Great Gulf Homes Menkes Developments Inc. Graywood/Beaverhall Development Monarch Corporation Davies Smith Queenscorp Residences Liberty Development Corp. City Core Tridel Corporation Remington Group Lash Group of Companies Henderson Development Limited Monarch Corporation Conservatory Group Pemberton Group Lash Group of Companies Carttera Camrost - Felcorp Camrost - Felcorp Green Hill Homes Mattamy Homes Georgian Empire Communities Monarch Corporation Empire Communities Beaverbrook Homes Tridel Corporation Amexon Development Corporation Monarch Corporation Tridel Corporation Tridel Corporation Edilcan Development Corp. Edilcan Development Corp. Edilcan Development Corp. Remington Group/Brown Group Remington Group Pemberton Group Alterra Homes/Finer Space Tridel Corporation Phantom Developments Your Home Developments VHL Developments Ltd. VHL Developments Ltd. Royale Grand Woodbine Developments MintoUrban Communities Inc. First Avenue Properties
25
d
Re
QEW
*TH: Townhomes, C: Condo
24
nR
27
60
23
Finch Ave W
23
7
# 5 7 7 15 18 20 25 28 38 42 46 71 2 4 6 8 10 10 11 11 13 24 26 28 29 33 34 35 37 39 42 44 45 45 45 46 46 50 51 55 56 60 61 61 62 65 70
Al
Ranforth Dr
Av e
20
Humberline Dr
Da nf or th
19
xd
Centennial
28
18
East Ave Port Union Rd
Ki
17
Passmore Ave
lva
Sy
16
Beare Rd
Manse Rd
72
n
sto
RD
ng
Ki
Galloway Rd
St. Clair Ave 1
Orton Park Rd
Markham Rd
McCowan Rd
Bellamy Rd
Lawrence Ave E
Scarborough Golf Rd
n Dr
orto
15
427 Morrish Rd
71
* Due to scale restrictions, locators are d approximate. Please see builder’s ads n R for sto exact locations. ng
Victoria Park
g
Progress Ave
Brim
Eglinton Ave E
f
29
14
Sheppard Ave E Conlins Rd
2
Brimley Rd
Warden Ave
Pharmacy Rd
e
61
Birchmount Rd
d
Kennedy Rd
Ellesmere Rd
401 Midland Ave
42 55 401 31
Milner Ave
13
Meadowvale Rd
3
Sheppard Ave E
Ave
Morningside Ave
evin
McL
12 Reesor Rd
Huntingwood Dr
c
11 Sewells Rd
Finch Ave E
b
10
Neilson Rd
McNicoll Ave
9
Tapscott Rd
McCowan Rd
A
7
65
Lakeshore Blvd W
Site Telephone TH* C* Price Range Page Finder The Epicurean monarchgroup.net • from $250,000 Insert 23F One Sherway Condominiums 416-695-3535 • from $273,000 22-23 16G One Sherway Condominiums 416-695-3535 • from $273,000 22-23 16G Ocean Club 416-255-4663 • from $229,000 115 24C Lago 416-495-3544 • from $300,000 Insert 24c Eleven Superior 416-259-8882 • from $200,000 99 23C Watermark 416-354-2221 • from $320,000 105 19D Terrace on Danforth 416-987-7575 • 36-37 2F Harmony Village Sheppard 416-493-0123 from $238,000 89 2C Ventus at Metro Gate 416-293-5535 • from $344,000 BC 4c Park Towers at IQ 416-253-5838 • from $220,000 117 22G Me 647-693-7563 • from $150,000 119 8D Centro 416-296-1898 • from $185,000 6D Nautilus at Waterview 416-495-3544 • from $400,000 25H Altitude 416-321-1659 • from $230,000 25H Palais at Port Royal Place 416-239-8200 • from $260,000 23F Cloud 9 Condominiums cloud9condos.ca • from $220,000 22B Cloud 9 Condominiums cloud9condos.ca • from $220,000 22B ilofts at Mystic Pointe 416-251-8888 • from $310,000 25G California Condos 416-251-8888 • from $242,000 25g Princeton Manor 905-849-1818 from $210,000 6G Summerside mattamyhomes.com • • from $159,000 3F King’s Way at Swansea Village 416-766-4683 • from $188,000 24G Eau Du Soleil empirecommunities.com/eaudusoleil • from $250,000 25B Encore 416-495-3543 • from $200,000 5D Beyond The Sea Star Tower Condominiums 416-979-1333 • • from $400,000 24H Evolution 416-747-9691 • from $250,000 22G Parc Nuvo at Essex 416-231-0999 • from $398,000 22g South Beach 416-252-3000 from $209,000 25H Waterscapes 416-495-3544 • from $390,000 26H Metrogate Townhomes 416-293-5535 • • from $427,000 4C West Village 416-620-1887 • from $260,000 21F One Valhalla 416-233-5554 • from $239,000 21F Thunderbird 416-233-5554 • from $240,000 21F Triumph At One Valhalla 416-233-5554 • from $230,000 21F IQ IQcondos.com • from $190,000 22G The Masters mastercondos.com • from $200,000 22G Vivid Condos 416-239-8200 • from $250,000 23F Westwood Condominiums westwoodAlterra.com • from $300,000 23F Avani At Metrogate 416-293-5535 • from $248,000 4C Jade Condominiums 416-762-8818 • from $250,000 24G Nature’s Path 416-745-6686 • • from $270,000 11E 2150 Condos 416-750-2150 • from $189,000 3E Haven On The Bluffs 416-2621-9555 • from $160,000 3E Lexington 416-638-8444 • from $240,000 21C South Shore mintosouthshore.com • from $300,000 22H Qube Condos 647-351-7823 • from $200,000 24G
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554
torontoregionalmaps: Scarborough, Etobicoke
095
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21 22
Va lle yP ar kw n
26
Park
Ave
Do
25
y Valle D on ay Parkw
o esh Lak W Blvd
rd S
tE
20
11
St
2
6
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QEW
16
17 shore Lake W Blvd
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3
14
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Toronto Waterfront
h
waterfrontmaps: Toronto
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
096
#
Builder
1
Pemberton Group
Park Lake Residences
Site
416-769-4343
• • from $250,000
3F
2
Monarch Corporation
Nautilus at Waterview -
416-495-3544
• from $400,000
5f
3
Cresford Development Corp.
NXT2/Phase Two
416-977-5300
• • from $210,000
4E
3
Cresford Development Corp.
NXT at Windermere By The Lake
416-977-5300
• • from $300,000
11f
6
Plazacorp/Berkley Community
West Harbour City
westharbourcity.com
• from $327,000
13E
7
Lifetime Homes
Waterparkcity – Neptune
416-203-3700
•
13f
8 Concord Adex
Grand Parade 2 at Concord CityPlace
416-813-0999
•
14f
8
Concord Adex
Quartz
416-813-0999
• •
14F
8
Concord Adex
ParadeTWO Tower Residences
416-813-0999
14f
8
Concord Adex Grand Parade at Concord CityPlace
416-813-0999
• from 293,000
14F
8
Concord Adex
Panorama at Concord CityPlace
416-813-0999
• from $389,000
14F
8
Concord Adex
Panorama Elite Suites at Concord CityPlace
416-813-0999
• from $1,135,000
14F
8
Concord adex
ParadeTWO Park Collection at Concord CityPlace
416-813-0999
• from $308,000
14F
8
Concord Adex
Luna Vista at Concord CityPlace
416-813-0999
• from $2,213,000
14F
8
CONCORD ADEX
Spectra
416-813-0999
• •
14F
9
Conservatory Group
Infinity Condominiums
416-214-1988
• from $250,000
14f
11 URBAN CPITAL
River City 2
416-862-0505
• from $250,000
16E
14 CANALFA GROUP
Liberty Central by the Lake
416-537-0047
• from $200,000
10F
14 Canalfa Group
Liberty on the Park Condominiums
416-537-0047
• from $363,000
10F
15 Malibu investments inc.
LTD
416-601-2223
• from $200,000
12F
16 CAMROST FELDCORP California Condominiums
sunsetcondos.ca
• from $280,000
24C
18 Fernbrook Homes/Cityzen Dev.
416-367-3456
• from $300,000
11F
Pier 27 Residences On The Lake
21 GREAT GULF Monde *TH: Townhomes, C: Condo
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
Telephone
mondegreatgulf.com
TH* C*
Price Range
• from $287,000
• • from $300,000
Page
Finder
15E
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to 416-789-9554
TH* C*
Lake
Price Range
416-255-4663 48
• from $229,000
416-259-8882
• from $200,000
og
Scug
Manvers
Page
Finder
Scugog
W
Rd
e or
ly Bay
E
W Rd e
La
Whitby • from $280,000 Oshawa
25 queenscorp residences
Watermark
416-354-2221
5
United lands
Stonebrook Condominiums
8
chestnut hill development
115
24C
99 Newcastle 23C insert 401
24C
• from $320,000
105
19D
905-822-8858
• from $270,000
9E
San Francisco By The Bay
905-831-3631
•
• from $180,000
23J
10 Pemberton Group
Bluwater Condominiums
416-987-8800
• from $350,000
5J
11 Monarch Corp.
Waterscapes
416-495-3544
• from $390,000
25C
13 GREEN HILL HOMES
Princeton Manor
905-849-1818
• from $210,000
6G
14 Phantom Developments
Jade Waterfront Condos
416-251-0707
• from $250,000
24G
empirecommunities.com/eaudusoleil
• from $210,000
25B
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to 416-789-9554
waterfrontmaps: GTA
Rd
ge id Br
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ke
St
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in lW
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W W St as
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Uxbridge
monarchgroup.net
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
Phillip Mur
Lindsay
Lago
28 EMPIRE COMMUNITIES Eau Du Soleil
Bloor St
Si
Whitby 7 Waterfront
Stevenson Rd
Wentworth St
Park Rd S
401
Gibb St
Centre St.
Up
King St W Bond St W
Thornton Rd
8
Adelaide Ave
Kendalwood R
Telephone
Blair St
48
Hopkins St
Cannington
Garrard Rd
Garden St Blair St
King Adjala Eleven Superior 9 Schomberg
Brock St S Henry St Gordon St
Bradford and OceanTecumseth Club Tottenham
n
Bayly St E Georgina Island 33 caygeo Bob
Ajax-Whitby
a
Keswick
Shoal Point Rd
Georgina
Cochrane St
Sim
East Gwillimbury Further North Waterfront 400
Bv
e 401
Rossland Rd
Manning Rd
Town of Whitby
Dundas St E
co
Pickering Beach Rd
Harwood Ave
ke
La
McQuay
nd
Bu
W
W sA ve le ee St De r
pe
Anderson St
Rossland Rd
Townline Rd
Du
eS co Sim
Stevenson Rd
Garden St
Baldwin St S
Taunton Rd W
Dryden Bv
18 MONARCH CORP.
*TH: Townhomes, C: Condo
To Os
Thornton Rd
Conlin Rd
Thickson Rd
1
25
Brock St N
or
Garrard Rd
Church St E
16 28
15 20 18
R
Country Lane
th
8 Con
Baldwin St N
Park Lawn Cedarbrook T
Royal York Rd
Cochrane
Coronation R
m
26
Evans Ave
Lakeshore Blvd W
Lakeridge Rd
ha
25
Village of Gardiner Expressway in Brookl 12 1411
Halls Rd N
rn
Duffs Rd
24
Taunton Rd WWaterfront Etobicoke
Audley Rd
Bu
Stevenson Rd
Ashburn Rd
23
Queensway
Horner Ave Rossland/Winchester
Salem Rd
Mara
Westney Rd S
ew
400
Country Lane
Lake Ridge R
Audley Rd
Salem Rd
Westney Rd N
Finley Ave
7
d
orth Dr d ll R Mi
9
Oro
riv
9
QEW
Kingston Rd
Barrie
21 22
Dundas St W
Town of Ajax 11
eD
Mono
20 DAVIES SMITH
Fifth Conces 12 11 9
Magill Dr
Lak
10
Ravenscroft
15 GRAYWOOD DEVELOPMENTS
Shelburne
93
400
20
Brawley Rd Bloor St W
Alliston,
Beeton, Site
89
19
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
69
Church St S
0
Builder
Squires Beach Rd
Hwy 5
k
Essa
18
Mississauga Taunton Rd E Waterfront Orillia
Delaney Dr
Montgomery F
Tosorontio Everett
7
Bracebridge
Church St N Riverside Dr Notion Rd
D
Angus
Brock Rd
nt
Sandy Beach
Rd
J
Whites Rd
u1g0 em ou
ak
rlo
Bu
Ro
Myrtle Rd W Rathburn Rd
Columbus Rd 4 Sideline R
16 Sideline
Brock Rd
Brock Rd sR Oak jor Ma Valley Farm
24 ings K
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Sunnidale Oakville Granite Court 90 Waterfront Lisle
7 Concession
Rd
69
27
17
6 Concession
Vespra 401 Liverpool Rd
d
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Rossland Rd
Wasaga Beach
R ton
th
400
Glenanna Rd
Appleview Rd
Sprduce Hill R
ne
Stroud's
w
27
Liverpool Rd
Li
Rd
11
Greenwood Rd
Rd
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QEW
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16
4 Sideline
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5
15
Rd
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7 Rd
14
8 Concession
Paddock Rd
e
In
Midlandd
Dixie Rd
13
16 Sideline
Brock Rd
Rd is av
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4 Concession Dr Ford
Fairport Rd
St
Sheppard Ave
#
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W QECa
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25
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9
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097
condo watch
continued… Imperial Plaza by Camrost Felcorp
Sixteen-foot loft living at Yonge and St. Clair. Register today. Web: 16FootLofts.ca/cg
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The Britt by Lanterra Developments
Condos with European flair coming soon to Bay and Wellesley. Register now. Web: SunsetCondos.ca
California Condos by Camrost Felcorp
416
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The Carnaby by Streetcar
Inspired by London; coming soon to trendy Queen West. Register now. Web: CarnabyLofts.com
Cinema Tower by Daniels
World-class condo in the heart of the Entertainment District. Register now. Web: CinemaTowerCondos.com
Context King West by Context
Coming soon to King West – community and design for everyone. Register now. Web: ContextKingWest.ca
Dragon Condos by Ideal Developments
Register now to enjoy “legendary living” at Dundas and Spadina. Web: DragonCondos.com
Eau Du Soleil by Empire Communities
Surfacing soon: one of Canada’s tallest and most iconic waterfront condos. Register online. Web: EauDuSoleilCondos.com
The Epicurean by Monarch Corp.
A stylish new condo for local foodies in Bloor West Village. Register now. Web: MonarchGroup.net
Fabrik by Menkes
Register now for this fashionable new condo, steps from Toronto’s trendy Fashion District. Web: Menkes.com
FAD Condominiums by Tri-Win
Fashion District Condominiums, coming soon to this trend-setting hot spot. Web: FadCondo.ca 098 new Condo Guide may 18 - jun 1, 2013
Indx Condos by Lifetime & CentreCourt Developments
Coming soon to Bay and Adelaide. Register now to stay informed. Web: IndxCondos.com
Jade Waterfront Condos by Phantom Developments
Opening soon on the Etobicoke waterfront. Register now to stay informed. Web: JadeWaterfrontCondos.com
Noir Condos by Menkes
Coming soon to the heart of Toronto, at Peter and King. Register now. Web: Menkes.com
One Park Place by Daniels Corp.
Coming this spring, the “one” place to be in downtown east. Register now to stay informed. Web: DanielsOneParkPlace.com
Sixty Colborne by Freed Developments
A block from everything at King Street East and Church Street. Register now. Web: SixtyColborne.com
South Hill on Madison by Burnac
Coming soon to the coveted Casa Loma neighbourhood. Register now. Web: SouthHillOnMadison.com
Tao by SigNature Communities
Boutique condos on Bayview in Richmond Hill. Coming soon. Web: TaoCondos.ca
Ten York by Tridel
Rising above it all at York and Harbour. Register now for your private oasis. Web: TenYork-condos.ca
Tux by Great Gulf
Rising 40 storeys at King and Blue Jays Way. Take the next step – register now. Web: GreatGulf.com/register
The Upper Canada Condominium by State Building Group
Coming soon, affordable luxury at Avenue Road and Lonsdale. Register now. Web: UpperCanadaCondo.com
Vivid by Pemberton Group
Affordable luxury living at Bloor and Islington. Register now. Web: VividCondos.com
Yonge & Rich by Great Gulf
Live at the centre of it all at Yonge and Richmond. Register for a preview. Web: YongeandRich.com
Yorkville Plaza by Camrost Felcorp
Grand opening at this iconic address. Offering the best things in life right outside your door. Web: YorkvillePlaza.com
ER N! D UN CTIO W RU O N ST N O C
SUITES STARTING FROM THE LOW $200s
Limited time incentives. Call today!
1 pm - 6 pm 11 am - 4 pm
may 18 - jun 1, 2013 new Condo Guide 099
condo profile
Eleven Superior makes waves
in the heart of Mimico-by-the-Lake The amenities that attract homeowners are the ones that don’t change
1
1 Eleven Superior’s interiors offer engineered laminate flooring and a choice of colour palettes to accommodate individual styles. 2 Davies Smith Developments made major progress recently when it received its statement of approval from the City of Toronto for the Eleven Superior Site Plan Application. 3 The excavation has been moving full steam ahead, too, and this is expected to continue for the next few months.
100 new Condo Guide may 18 - jun 1, 2013
f
irst-time homebuyer Marijana Cuvalo knew what she wanted in her first home and wasn’t prepared to sacrifice her priorities. When she first began her search in 2010, Eleven Superior by Davies Smith Developments in Mimico-by-the-Lake immediately caught her attention. After putting her search on the back burner for three years, she returned to the condo project she first fell in love and even decided to buy a bigger unit than originally planned. “My brother told me: ‘Go big or go home,’” says Marijana, who will soon be living in a 668-sq.-ft. one-bedroom plus den at Eleven Superior. Marijana was drawn to Eleven Superior because it offered her a convenient location in the heart of an established Etobicoke community. Mimico is the ideal halfway point for Marijana between her family in Mississauga and her work and social life in Toronto. She also fell in love with Mimico’s pedestrian-friendly streets and charming retail strip, and liked the idea of living in established neighbourhood –
2
surrounded by many beautiful old homes. An avid runner – she is also very excited to be footsteps from the waterfront trail – Eleven Superior is steps from Toronto’s recently completed Waterfront Park and provides purchasers with easy lakefront access and a variety of outdoor activities year-round. The new 1.1 km Waterfront Park is outfitted with boardwalks, cycling and in-line skating trails, rest areas, sand dunes and cobble beaches welcoming joggers, cyclist and urban explorers along the city’s waterfront edge.
We are happy to see the revitalization of such a prominent corner and are looking forward to Eleven Superior’s contribution With four-season recreation opportunities just outside its door, Eleven Superior is a short car-ride from downtown Toronto and is accessible by streetcar with a stop right outside the door. Eleven Superior purchasers also enjoy the convenience of living right on Mimico’s pedestrian friendly main street, lined with retail, supermarkets, restaurants and coffee houses, including Birds & Beans Café by the lake. Rich in culture and history, Lakeshore Arts also sits in the heart of the action, as a key organizer for hosting local artists and cultural events. “We are happy to see the revitalization of such a prominent corner and are looking forward to Eleven Superior’s contribution to the vibrant street life of Mimico-by-the-Lake,” says David Pritchard,
3
Mimico-by-the-Lake BIA board member and owner of Birds & Beans. A selection of one- and two-bedroom suites and townhomes remain, ranging from 559 sq. ft. to 1,047 sq. ft., now is the last chance for purchasers to get in at pre-construction prices starting from $240,900. Eleven Superior’s interiors offer engineered laminate flooring and a choice of colour palettes to accommodate individual styles. The kitchens boasts warm toned granite countertops and islands with modern wood cabinetry. The bathrooms, foyers and laundry areas are polished with porcelain or ceramic floors. Suites also feature floor-to-ceiling or vast windows providing magnificent views of Lake Ontario. The contemporary interior design is capped with an indoor rooftop amenity space that includes a fitness centre, social lounge with a private dining area and room for entertainment. All of the indoor amenity space connects to a generous wrap around terrace equipped with a barbecue that overlooks the city and the water. Due to construction, Eleven Superior’s sales centre has now moved to a temporary office located directly on Superior Avenue just steps from 2398 Lake Shore Blvd. W. For more information and for sale centre hours call 416.259.8882; email info@elevensuperior.com or visit elevensuperior.com To stay updated with Eleven Superior’s construction, check out the Davies Smith Developments Blog (blog.davies-smith.com or join the conversation on Facebook (DaviesSmithDevelopments) and Twitter @daviessmith may 18 - jun 1, 2013 new Condo Guide 101
fEATURE
// By Ian Pianosi
Designs for living:
Ian Pianosi is the owner of Pianosi Development Corp., which has a tradition of excellence in the Ontario building industry that goes back more than five decades.
G
ood design is often what elevates a condominium from cookie-cutter to extraordinary. It starts with the exterior, and appeals to many viewpoints from residents, to pedestrian passers-by, to those who have a view of an entire tower on a city skyline, to the neighbours all around it. Inside, good design can mean quite different things depending on your perspective: to an investor, a good
PUTTING END-USERS FIRST location, reputable builder and attractive architecture may be your top three and the inner-workings of an individual suite of little importance; to a prospective resident, an individual suite must offer pleasing form coupled with hard-working but seamless function. End-users are looking for open layouts, ample storage, outdoor spaces and big bedrooms. By focusing on end-users – those residents who own their suites – the designers of Perspective were always challenging themselves to offer more and make things better. After all, if you’re willing to invest not just your money, but your family’s future in a condominium, you have every right to high expectations. In designing for the end-user, we ask ourselves a series of questions that focus on your quality of life: How do you want to live? What functions does each room need to perform? Where will the traffic patterns fall? What will you see when you enter the suite? How do you want to feel when you do? What are your priorities? As we turn our attention to the answers to those and other questions like them, we prioritize three main considerations: space, finishes and layout. Perspective offers suites on average 10 per cent larger than most condominium units being built today, starting with the smallest suite offered, a one-bedroom with den. Our suites go up to three bedrooms, which is pretty unusual these days, but we think families should be able to enjoy all the convenience and amenities of condo living too. Big balconies and big kitchens are among our priorities. When it comes to finishes, end-users are the designers’ dream. Gorgeous floors, sleek kitchens, lavishly appointed ensuites – nothing goes unappreciated, because these buyers live there each day and take pride in the way everything comes together visually, as well as the way it performs its function perfectly. We marry functionality and space, with oversized laundry tubs, deep soaker tubs and other thoughtful touches that just make your life better. You can’t overestimate the appeal of a great layout. Ironically, when a floorplan performs beautifully, it’s barely noticeable. You just move about the space as if it grew around you organically. That’s what we aimed for at Perspective, with lots of closets to help you keep things tidy, big bedrooms that make you really want to spend time there, and entrances that are separate from the living areas. Open layouts for the living and dining rooms and kitchens offer seamless design and inviting gathering spots throughout. Designing for the end-user is one of the most rewarding aspects of the development business, because these buyers are investing not only their money, but their faith in our shared vision of the future. Attention to detail, fixtures and finishes, over-sized suites with oversized-balconies and floorplans that function are the hallmarks of Perspective. For more information, call 416.242.3500, visit perspectivecondos.com or the sales office in person, open Monday to Thursday from noon to 6 p.m. and weekends from noon to 5 p.m. at 2893 Bloor St. W. at Prince Edward.
102 new Condo Guide may 18 - jun 1, 2013
5%
*
DOWN
NOW UNDER CONSTRUCTION Perspective Condominiums, Etobicoke’s Landmark community is building on the success of our first tower. Construction on building 1 is beginning, making way for the launch of our grand finale - Tower 2. Inspired and spacious interiors, truly spectacular panoramic park and city views, fabulous club like amenities including podium rooftop with outdoor dining and lounging areas, elegantly appointed suites with open concept kitchens, spa-like baths and grand terraces, it’s all here for you at Perspective.
$ SCARLETT RD.
401 EGLINTON AVE. W DUNDAS ST. W
BLOOR ST. W
PREVIEW CENTRE
PRINCE EDWARD DR.
ISLINGTON AVE.
427
VV
279900
TO OVER $ 1MILLION
NEW PREVIEW CENTRE 2893 BLOOR ST. W. (AT PRINCE EDWARD DR.) Hours: Monday - Thursday: 12pm - 6pm Saturday - Sunday: 12pm - 5pm, Friday: Closed
perspectivecondos.ca
416.242.3500
*On select suites only. Limited time only, see sales representatives for details. Prices and specifications subject to change without notice. Renderings and images are for mood and impression only. E.&O.E 2013.
103
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Ontario Home Builders’ Association Award Winner
THE MOST OUTSTANDING MID-RISE BUILDING IN 2012
•
Designed to be a hallmark building featuring timeless elements of traditional architecture combined with modern sensibilities of design and function, this exclusive community will be located just steps from Lake Ontario’s waterfront. With easy access to public transit and several major highways, Watermark promises to be the perfect place to call home.
NOW UNDER CONSTRUCTION
N
Long Branch
Thirty Fifth St.
FROM THE LOW Lake Shore Blvd. W.
Kipling Ave.
Brown’s Line
1 Bedroom • 1 Bedroom + Den • 2 Bedroom • 2 Bedroom + Den – from 649 sq.ft. to 1,225 sq.ft.
$300’s
P R E S E N TAT I O N C E N T R E 3609 Lake Shore Blvd. W., Suite 104, Toronto, ON Monday to Thursday 1:00pm to 7:00pm Saturday, Sunday and Holidays 12:00pm to 5:00pm queenscorp.com
|
416.354.2221
NOW UNDER CONSTRUCTION •
Lake Shore Blvd. W.
NOW UNDER CONSTRUCTION
Long Branch
Thirty Fifth St.
Kipling Ave.
Brown’s Line
•
N
All prices & specifications are subject to change without notice. E.&O.E. All Illustrations are artist’s concept only. Brokers Protected
105
condo profile
B.STREETS
gets real in the heart of the Annex Choose the suite that suits you at Bathurst & Bloor but buyers can choose an alternate upper-level layout to best suit their needs. With 9.5-ft. ceilings on the ground floor and nine-ft. ceilings upstairs, they have a soaring, airy feel. Outside, front porches with privacy screens, latching gates and gas connections are perfect for summer entertaining. Just the evening view of Loretto Lane from the French balcony upstairs is enough to bring a serene end to the most hectic of days. Customized cabinetry and centre islands in the beautifully laid-out kitchens, built-in appliances, under-counter wine fridges, built-in closet systems in the master bedrooms, elegant bathrooms with contemporary cabinets and framed mirrors – it’s your “want list” brought to life.
t
he Annex is one of Toronto’s most desirable neighbourhoods, a rare combination of elegant and dynamic, playful and serene, where century homes live beside funky little cafés, and main streets teem with life while side streets idle under large shade trees. B.streets by Lindvest Properties embodies that same diversity, with a great suite mix to perfectly complement your lifestyle: one-bedroom, one-plus-den, two-bedroom, two-plus-den and even three-bedroom layouts are still available, plus lofts, two-storey penthouses and spacious Lane Homes for those who want condo convenience with a little extra space! These charming Lane Homes front onto Loretto Lane, an intimate setting for a busy urban lifestyle. Laid out over 1,267 sq. ft., Lane Homes feature three bedrooms,
106 new Condo Guide may 18 - jun 1, 2013
It takes a special team to make a community like this real, starting with Lindvest Properties, specialists in master-planned communities that showcase excellence in urban living.
All enjoy access to B.streets’ wonderful amenities, including concierge, party room, dining room, outdoor patio and bar, fitness and yoga salon and even a hobby room.
With the selection of suites still available in the nine-storey condo building, including luxurious twostorey penthouses, you won’t want to wait on the one that’s right for you. B.streets is well under construction, a testament to its popularity with discerning buyers looking for the best possible combination of location, amenities, design, features and finishes. Within a year, you could be coming home to this stunning community. It takes a special team to make a community like this real, starting with Lindvest Properties, specialists in master-planned communities that showcase excellence in urban living. Lindvest enlisted the architectural brilliance of Hariri Pontarini Architects, a Toronto-based firm whose international reputation grows with every project, to create the contemporary, stepped exterior, which helps
create awesome outdoor living spaces. Complementing it all with beautifully designed interiors are Cecconi Simone, Toronto’s preeminent design team. With inviting retail on the ground level, a selection of incredible suites still available and the bustle of Bloor and Bathurst amid the coveted Annex ambiance, B.streets offers an unparalleled experience, all starting in the $360,000s. Penthouse lofts range from $649,900 to $900,900 for more than 1,000 sq. ft.; Lane Homes starts in the mid $700,000s, an incredible value for nearly 1,300 sq. ft. in the heart of the city. All enjoy access to B. streets’ wonderful amenities, including concierge, party room, dining room, outdoor patio and bar, fitness and yoga salon and even a hobby room. Visit the Presentation Centre at 385 Madison Ave. (at Spadina Road and Dupont), from Monday to Wednesday, noon to 6 p.m.; Thursday and Friday by appointment; and weekends noon to 5 p.m. Register online at bstreetscondos.com or call 416.532.6636, and let the countdown begin – one year to your brand new life! may 18 - jun 1, 2013 new Condo Guide 107
ins w s t t the e a e r r t a s . e B eY h t s! f A o B t H c e O Proj 2012
This must be what it feels like to win big at the Academy Awards! On September 24th, B.streets was recognized with five awards at the 2012 OHBAs in Collingwood, the Oscars of the real estate world. Our big wins included Best Ad Campaign, Best Logo, Best Brochure, Best Sales Office, and Project of the Year! We proudly share this honour with all of our supporters. There is still a great selection of incredible suites available. Book your private appointment today and make B.streets your home base. NOW UNDER CONSTRUCTION. From the low $300’s. By appointment at 385 Madison Avenue
MACPHERSON AVE.
DUPONT ST.
BLOOR ST.
B streets Condos at Bloor & Bathurst
EXCLUSIVE BROKER: MILBORNE REAL ESTATE INC. PRICES & SPECIFICATIONS SUBJECT TO CHANGE WITHOUT NOTICE. E.&O.E. CREATIVE: LA-ADS.COM
108 new Condo Guide may 18 - jun 1, 2013
MADISON AVE.
Condos at Bloor & Bathurst
PRESENTATION CENTRE
AVENUE RD.
B streets
™
BATHURST. ST.
BSTREETSCONDOS.COM 416.53.CONDO [ 532.6636 ]
DAVENPORT RD.
style file
pack a picnic
Now that the warmer weather is here, I plan on spending as much time al fresco as possible. There is nothing like spreading out a blanket in the park and enjoying some sunshine and a nibble.
KSP York Acrylic Wine Glass in Blue. $4. Visit kitchenstuffplus.com
// by sara duck
Hudson’s Bay Company Collection Fleece Throw. $40. Visit thebay.com
Antique Bamboo 4-piece Cheese Knife Set. $46. Visit Williams-sonoma.com
Lotta Melamine Plate.
$5. Visit crateandbarrel.ca
110 new Condo Guide may 18 - jun 1, 2013
Pack a Picnic, Picnic Basket. $268. Visit katespade.com
Turquoise Stripe Napkin. $7. Visit pier1.ca
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condo profile
The Madison
constructs a $50,000 savings
a
fter breaking ground last fall, construction is well underway at The Madison! “A lot of preparation and construction has to happen before a building of The Madison’s magnitude gets above ground. The entire first year is spent digging down five storeys and then building up five storeys, but once that’s done, the sky’s the limit!” say Blair MacNeill – highrise construction manager of The Madison.
112 new Condo Guide may 18 - jun 1, 2013
Want to spend more time on yourself and relax? Visit the Zen rooftop garden for some quiet contemplation. Work continues to forge ahead, and by late summer of 2013, the massive concrete foundation will be fully constructed which is a major milestone. Madison Homes has decided to celebrate this exciting breakthrough by offering buyers an irresistible limited time offer, one free parking space on all remaining suites – a savings of $50,000. “This is an exceptionally attractive offer, especially for a development of this caliber at Yonge and Eglinton,” says Nelly Zagdanski of Madison Homes. For the ultimate in affordability, buyers can also still take advantage of Madison Homes’ reduced deposit program where purchasers will only need to provide a deposit of five per cent with their offer, and an additional five per cent in 90 days. A final 10 per cent will not be owing until occupancy, which is scheduled for the summer of 2015. The remaining suites in this incredible new residence are all situated on the recently released top floors of the West and East Tower, providing spectacular and panoramic views of the city and beyond. Sizes of the suites range from 564 to 1,045 sq. ft. and many of the remaining suites boast 10-ft. ceiling heights. The Madison’s suite designs feature floor-to-ceiling windows, bringing natural light into the units while providing stunning views of the city and
beyond. Kitchens include high-performance plank laminate flooring, sleek designer cabinetry complemented by upgraded hardware and double square-edged granite counters, designer-series glass subway tiles, and a sleek stainless steel single-lever pullout faucet. The bathrooms continue the sleekly modern styling, with Caesarstone countertops and rectangular, undermount sinks, single-lever faucet, and a soaker tub or frameless glass shower enclosure. Such remarkable suites at this one-of-a-kind residence are priced from the low $400’s. This is outstanding value for the new heart of Toronto. While the suites have been designed to meet the needs of today’s urban condo dweller, so too has The Madison’s amenity program. Residents of The Madison can swim several laps in the saltwater lap pool, or visit the two-story fitness gallery to either work on weights and/or power up with some cardio. Want to spend more time on yourself and relax? Visit the Zen rooftop garden for some quiet contemplation. For those that want to be more social, The Madison offers up a fire pit where you and your friends can hang out or utilize the private outdoor cabanas. There is also the demo kitchen, indoor-outdoor bar lounge, and movie theatre for a wide range of possibilities for entertaining. Madison Homes also recently announced that Loblaws, a high-end food retailer, will occupy 40,000 sq. ft. of the development’s retail area. That means residents of The Madison can enjoy an international food shopping experience right at their doorstep. Whether they are seeking the freshest produce, bakery items, the catch of the day, gourmet pre-prepared dinners, or deli counter delights, Madison residents will have easy access to a wide variety of best quality foods. Anyone interested in owning a suite at The Madison should visit the sales presentation centre located at 90 Eglinton Ave. E., ground floor, open noon to 7 p.m. from Monday to Thursday; noon to 6 p.m. Saturday, Sunday and holidays and by appointment only on Friday. Visit madisoncondos.ca or call 416.482.8090. Brokers protected. may 18 - jun 1, 2013 new Condo Guide 113
homebuyer’s help 1. Understand Your Financial Situation Your financial needs will change
buying your first condo
and evolve throughout your life. Working with a trained professional to understand your current financial situation and your future goals can help you assess what type of home you can afford.
2. Ask About Your Credit History A credit rating is a measure of how dependable you are in repaying your debts. A good credit rating goes a long way in helping you obtain credit and determine the interest rate you will receive. For example, if you pay your bills on time, or if you repay a loan, you will be in good standing with the credit bureau. So, when it’s time to borrow, a lending institution will know that you are credit worthy. For more information on your credit history, contact TransUnion or Equifax Canada and get your credit report free of charge by mail. 3. Get Pre-Approved By getting pre-
approved, you will know how much home you can afford, which will allow you to shop with confidence within your price range and prove to sellers you are a serious buyer. Plus, obtaining a pre-approval is absolutely free. 4. Ask About Extended Amortization
There’s nothing quite like owning your own
home – getting to know your neighbours, decorating your home and creating a place that you can call your own. But owning a home is not quite as simple as finding the right home in the right neighbourhood; your financial situation can be an important factor in the type of home you can afford. For example, you will need to determine how much you have available for a down payment and, based on your budget, what mortgage payment you can comfortably carry. By answering these questions, you will be able to make a smart and informed decision before you buy the home that is right for you. One of the most common first-time homebuyer questions is affordability. Here are four ways to help make your home-buying experience smooth and straightforward:
114 new Condo Guide may 18 - jun 1, 2013
The extended amortization feature is available on most mortgage products. The feature provides homebuyers the flexibility of lowering their mortgage payments by spreading them over a longer period of time, helping ease budget and cash-flow issues. But keep in mind by extending your amortization you will increase the amount of interest that makes up your mortgage payment. Given this, it is important to choose a mortgage that allows you to increase your payments and make lump-sum payments when you can. Currently, most financial institutions are offering up to 25-year amortization periods. Keep these important points in mind to help you find the house you love at a price you can afford. For more information or assistance with your mortgage needs, visit your nearest CIBC branch, call 1.800.465.CIBC (2422) or visit cibc.com/mortgages. NC
WATERFRONT* 228, 9 00 LIVING INCLUDES PARKING & LOCKER! ONLY
FROM
$
OWN WITH ONLY 10% DOWN** NOW UNDER CONSTRUCTION OWN THE BEST ADDRESS ON THE WATER Don’t miss your opportunity to be a part of Toronto’s most successful waterfront condominium! NOW UNDER CONSTRUCTION, Ocean Club offers a great selection of suite designs and exquisite condominium living with gorgeous finishes, resort style amenities and is just steps from parks, trails, shopping, marina, dining and more.
DON’T MISS OUT! Oceanclubcondos.ca Call 416.255.4663 or email oceanclub@bakersales.info to book your private appointment
Exclusive Listing: Baker Real Estate Incorporated, Brokerage. Brokers Protected. *Prices and specifications are subject to change without notice. **Final 5% due on Occupancy. Subject to qualification. See Sales Representative for more details. Illustration is artist concept. E. & O.E.
may 18 - jun 1, 2013 new Condo Guide 115
IN THE NEWS
Edition/Richmond
named Lowrise Project of the Year at BILD awards
Signifying a directional shift in the industry, Curated Properties took home two BILD awards for the Edition/Richmond, a hybrid townhome project with 20 bespoke residences, located in the heart of Toronto’s Queen West neighbourhood. Judged by a panel of experts from across North America, Edition/ Richmond was awarded the Lowrise Project of the Year and the Best New Home Design Semi-Detached or Townhome Under 1,500 Sq. Ft. “It’s an honour to be recognized by our peers in the industry,” says Adam Ochshorn, president of Curated Properties, “It’s a great feeling to know that the quality of work and design and the passion we put into the project is being recognized.” With a passion for design and a reputation for unrivalled customer service, Edition/Richmond is a result of Gary Eisen and Adam Ochshorn who have been developing exceptional custom homes for more than 20 years, including Toronto’s Annex Loft Houses. “We knew we were designing for a clientele who has a heightened awareness of design, architecture, fashion and art,” says Gary Eisen, vice-president, Curated Properties. Interiors by Cecconi Simone combine natural elements such as marble and glass with a monochromatic palette of soft whites and deep greys to provide the backdrop for a seamless living experience. “Everything you need is already there,” says Elaine Cecconi of Cecconi Simone. Expansive stretches of artisanal millwork span the main living area; the bespoke woodwork functions as bench seating for dining, conceals appliances in kitchens and extends into living areas as open shelving. Celebrated for its contemporary architecture by AUDAXarchitecture, Edition/Richmond presents a modern interpretation of the Queen West townhome. Rooftop archways accentuate the sleek lines of the façade, drawing the eye upward to expansive rooftop skygardens, providing privacy, shade and a place of refuge. 116 new Condo Guide may 18 - jun 1, 2013
In a market dominated by onebedroom condos, there is a growing demand for developments that not only provide the downtown lifestyle young professionals are drawn to, but that can accommodate growing families. Curated Properties is one of the first developers to step up to the plate with Edition/Richmond. Each unit thoughtfully combines the practical needs of a family home with the modern design purchasers expect from an urban condo. “This kind of midrise townhouse is really well suited to Toronto,” says Ochshorn. “There is an entire generation of condo buyers downtown who now need more space. They are committed to the lifestyle, and don’t want to move away from the Queen West neighbourhood they love. The market for this kind of hybrid building product is there and we’re one of the first to fill that void.” Blurring the lines between art, architecture and vibrant Queen West culture, Curated Properties invited Cecconi Simone and AUDAXarchitecture to transform a former auto garage into the Edition/Richmond showroom. The sales centre hosted numerous events from local art exhibits to celebrity-studded TIFF parties. With only a few units remaining, townhomes at Edition/Richmond range from 1,000 to 2,000 sq. ft. and are priced from $689,900. Currently under construction occupancy is scheduled for spring 2014. For more information call 416.900.5574 or visit editionrichmond.com
MORTGAG E T M AINTENAAXES NCE PARKING LOCK ER
999
OWN FOR O NLY
$
*
PER MONTH
STOP RENTING AND START OWNING! LIMITED TIME INCENTIVES!
THE NEXT PHASE AT FROM THE LOW $200’s VISIT THE SALES CENTRE TODAY!
I T ALL
PA CAPED NED LANDS AN L P Y R MASTECOMMUNIT L O Y PO INFINIT RACE ER TOP T E ROOF ESS CENTR N FIT
Buy Smart in west Toronto’s largest master planned community! You don’t have to be Einstein to spot Toronto’s smartest new homeownership opportunity. Introducing Park Towers at IQ Condominiums. A brilliant master planned community centred around a beautiful park with thoughtfully designed suites and great amenities like an infinity pool, fitness centre, party lounge, terrace and more. Own for only $999/Month*
Rd. l York Roya
Ave. gton Islin
The
$ own from
999/mo*
ay ensw
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Exclusive Listing Brokerage: Baker Real Estate Incorporated. Brokers Protected. *Limited time only. See a Sales Representative for complete details. Prices and specifi cations are subject to change without notice. Illustration is Artist’s concept. E.&O.E.
+ Kiplin
BUY SMART LIVE SMART IN WEST TORONTO’S LARGEST MASTER PLANNED COMMUNITY! PARKTOWERSAT IQ.COM 416.253.5838
P ADDS URK
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1061 The Queensway Mon – Thurs: 12 – 6 pm Sat & Sun: 12 – 5 pm Friday: Closed
may 18 - jun 1, 2013 new Condo Guide 117
make your move
// by dan hopkins
a stress-free sort, downsize for spring and a & organize now happier summer We recommend the following tips to get organized this spring: Start by sorting and organizing closets.
If there is limited closet space, consider storing winter clothing in the attic, basement or garage. Wardrobe boxes offer excellent space for hanging coats, sweaters and snow pants. Sort out items no longer used or worn. Dan Hopkins is Chief Operating Officer, Two Men and a Truck Canada. twomenandatruck.ca
S
pring is the season of new beginnings. But it can be hard to appreciate if you’re stuck indoors trying to sift through the accumulation of winter clutter. Fortunately there are some easy techniques to help you get a jump-start on spring cleaning. The following steps will help get your home organized and allow you to enjoy the new season, clutter-free.
If it hasn’t been worn in more than a year, then it probably won’t be again. Set aside a couple of empty boxes for donations or items to sell. Use sturdy boxes with dividers for packing breakables.
Make sure cardboard boxes are structurally sound. Dish-pack boxes with adjustable inserts that form individual cells are a great option for fragile items.
Sort out items no longer used or worn. If it hasn’t been worn in more than a year, then it probably won’t be again. Think Green.
Survey local recycling options to find the most convenient solution for recyclables. Organize recyclables by category: plastic, glass, aluminum, paper and cardboard. Care for hazardous materials.
Be conscientious about the materials being disposed. Toxic items such as paint, batteries, house cleaning products, automobile oils, pesticides, and fertilizers are dangerous to transport and should not be thrown away with nontoxic garbage. These items should be taken to specialized depots. Concentrate on disinfecting spaces.
Change air filters, rotate mattresses and vacuum under furniture.
118 new Condo Guide may 18 - jun 1, 2013
COMING SOON
register today
community for the most anticipated
of the year
Be among the first to preview Scarborough’s newest master planned community. ME condos has been perfectly designed from the outside in with a fusion of contemporary excitement and sleek architectural design. Located in an established neighbourhood at Markham Road and Ellesmere, ME condos is convenient to everything - Highways, schools, shopping and transit. So what are you waiting for?
, 149 990
$
FROM
register today
meliving.ca or call 416.430.0003 Prices and specifications are subject to change without notice. Exclusive Listing Broker, The Condo Store Realty Inc., Brokerage. Brokers Protected. E.&O.E. 2013. may 18 - jun 1,
2013 new Condo Guide 119
designer touch
// by erica gelman
designer spring cleaning
Toronto-based designer Erica Gelman, Principal of Erica Gelman House Of Design. Specializes in both large and small scale residential design projects throughout Toronto and the GTA. Known for enhancing and creating new possibilities in every space of your home. House of Design ericagelman.com
W
e’ve all heard of “springcleaning,” but lets get serious – what’s a good a clean without a little transformation? Don’t just clean organize, give your home a new look and freshen up your space all at once. Spring is the perfect time of year to revive your home from the dreaded cold winter. Someone once told me that conquering clutter is therapeutic, and while I believe that to be true, we like to think that the real benefit of spring cleaning is the clean slate you now get to decorate with. The thought of organizing seems so overwhelming and maybe even daunting. Just remember, it doesn’t have to be completed in one afternoon, let yourself start slow and tackle one room at a time. If you’re puzzled and can’t figure
120 new Condo Guide may 18 - jun 1, 2013
out where to start I would suggest your most used space; be it the closet, the kitchen, the bedroom or maybe it’s the dining room that has somehow become the storage centre. Often, just before starting a design or decorating project our clients begin by discussing how unorganized their home feels and by starting a house project they feel like they allow themselves the opportunity to re-organize or de-clutter. However, you don’t have to remodel your kitchen to obtain a cleaner feeling. There are some fantastic storage solutions that fit right into your current kitchen. For instance, Gliding Shelf Solutions is a local company who can retrofit your existing cabinetry and add more storage, more than you ever dreamt of. I would recommend taking everything out of your cabinetry and plan on how you intend to use your space. The same rules and principals can apply to your closets. As most of us are tight on storage space, why waste valuable real estate? This type of cleaning may require a purge but trust me you will thank yourself later. Did you know that cleaning your closets could actually save you money? Try separating your clothes into seasons if you intend to keep some in storage. Otherwise, colour blocking your wardrobe is ideal and it will benefit you to know exactly what you have and maybe what you have too much of. Yet, as I mentioned, the real fun behind spring-cleaning is the transformation. If it’s small and relatively inexpensive changes you are looking to make then I would suggest looking at fabric. Imagine sprucing up your dark sofa or bedspread with bright pillows that are light in texture and soft to the touch. If you’re handy or a skilled DIYer maybe a crisp room colour will get you in the spirit of a new season. Imagine how renewed your organized kitchen will look with a fresh coat of paint. Embrace the warm weather and let yourself translate the essence of a new season in your home. It may take some work but it will also take the weight of your shoulders to rid yourself of clutter and start fresh.
Imagine REGISTER FOR SPRING OPENING!
121
condo profile
Grand opening at
Visto
With a great urban location, there’s no limit to the places Visto can take you
t
hose in search of a sophisticated urban lifestyle at a convenient Toronto location will find their ultimate destination at Visto. Located on Maple Leaf Drive just west of Keele, Visto offers an impressive selection of suites and incredible proximity to many of Toronto’s finest amenities. So
122 new Condo Guide may 18 - jun 1, 2013
whether you’re looking to shop till you drop or get to school on time, Visto makes it easy to get the most out of life in Toronto. And with the Visto Sales Centre now open, there’s never been a better time to discover this exceptional urban lifestyle destination. The architecture at Visto is the epitome of stylish urban design; a stunning elevation of precast, concrete and glass cuts a striking silhouette against the north Toronto skyline. Large windows fill the suites with light and spacious balconies create the perfect opportunity to
Visto makes it easy to get a world-class education at York University, just a short drive or subway ride north. relax and unwind. Visto is also equipped with a wide range of impressive building amenities such as a landscaped rooftop terrace with barbecues, a fitness room, a rooftop lounge, a main floor party room and more. The suites themselves are just as breathtaking, with features such as gourmet kitchens, modern open-concept floorplans, stunning master suites and a wonderful selection of stylish features and finishes. One of the many fine floorplans available at Visto is the 575 sq. ft., one-bedroom plus den L Suite. One enters the L to discover a stylish-open concept design, perfect for relaxing after a long day or entertaining friends. The kitchen is located just to the right of the entrance, and comes complete with stainless steel appliances, built-in dishwasher, granite countertops, breakfast bar and a double bowl drop stainless steel sink. Across from the kitchen is the den and laundry room. Beyond the kitchen, the open-concept main space continues into the spacious living/dining room, which then leads out to the balcony. The master suite features large, bright windows and a positively enormous walk-in closet, and the bathroom features ceramic tiling and a lavish soaker tub. The L Suite is priced from $259,900. Visto allows homeowners to enjoy life in one of Toronto’s most convenient urban locations, with an exceptional selection of lifestyle amenities all just minutes away. Nearby, Yorkdale Shopping Centre
and Lawrence Square Shopping Centre both offer a wide selection of the finest retailers and restaurants. Visto also makes it easy to get a world-class education at York University, just a short drive or subway ride north. When completed, nearby Humber River Regional Hospital will be one of the largest healthcare facilities in the country. And for those travelling to other destinations in Toronto and throughout the GTA, nearby Lawrence West Subway Station and Hwy. 401 can help take you wherever your heart desires. Visto is being developed by the talented team at YYZed Project Management. As a trusted player in Toronto’s commercial and residential development industries, YYZed has developed a well-earned reputation as one of the finest builders in all of the GTA. For more information on Visto, just visit vistocondos.ca or call 416.240.7729. may 18 - jun 1, 2013 new Condo Guide 123
condo watch
previews & registrations West Tower by Daniels Corp.
Coming soon: The dawn of a new landmark community in Erin Mills. Web: DanielsErinMills.com
Coming soon to Oakville – the South Tower at Rain Condominiums. Register now. Web: RainCondos.com
Centro Square by Liberty Development
Skycity Condominiums by Pemberton Group
A master-planned community in the heart of Woodbridge. Register now. Web: CentroSquare.ca
A master-planned urban community in Richmond Hill Web: SkyCityCondos.com
The Clairington by Castleridge Homes
Upper Village Markham by Greenpark
Active adult living in a parkside condominium in Brampton. Web: TheClairingtonCondos.com
905 Builders: If you would like to include your preview registration, new release or site opening in this feature, just email the details to susan.legge@wall2wallmedia.com
Courtyards of Maple by Marino/Intercity/TriAxis
European-inspired condos coming soon to Maple. Register now to stay informed. Web: CourtyardsOfMaple.com
Downtown Erin Mills by Pemberton Group
Coming soon to Erin Mills: condo living with a downtown vibe. Register now. Web: DowntownErinMills.com
Fairground Lofts by Wycliffe Homes
Urban lofts are coming to Woodbridge Village. Register now for preview. Web: FairgroundLofts.ca
Grand Palace by Guizzetti Corp.
Register now for the timeless art of living! Now under construction. Web: GrandPalace.ca
Limelight by Daniels Corp.
Coming soon: The final glorious chapter of Mississauga’s beaming success story. Web: LimelightCondos.com
Park City Condominiums By Tobyn Park Homes
Currently in pre-construction at Walkers Line and Upper Middle Road in Burlington. Register now. Web: ParkCityLiving.ca
Pinnacle Uptown by Pinnacle International
Construction has started on Mississauga’s live-work-play community. Register today. Web: PinnacleUptown.com
124 new Condo Guide may 18 - jun 1, 2013
Rain Condominiums by Empire Communities
Now registering, UV2 – the North Tower. South Tower is already 90 per cent sold and under construction. Web: UV2.com
Windows on the Green by Vandyk Communities
A beautiful selection of condos coming soon to Mississauga on Erin Mills Parkway. Web: WindowsOnTheGreen.ca
new releases & grand openings Allegra by Nova Trimax
Affordable luxury, steps from the Village of Woodbridge. Construction started on Phase 1. Web: AllegraCondos.com
Garden Court Condos by Monarch
Now open in Markham. Visit the Experience Centre at 10350 Woodbine Ave. Web: MonarchGroup.net
PSV2 & Parkside Village Townhomes by Amacon Developments
Offering the convenience of downtown living with the tranquility of a suburban context. Grand opening. Web: LifeAtParkside.com
GTA Edition May 18 - Jun 1, 2013
Your complete source for condos, lofts and townhomes in the 905 region
IN THIS SECTION Maps and listings for new condo communities in the 905 region Builder news and the latest in condos in the 905
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905 regionalmaps: Burlington, Brampton, Mississauga, Oakville, Further West, Further North
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* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
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Builder
Site
Telephone
TH* C*
Price Range
Page
Finder
17 Pemberton Group
Downtown Erin Mills Condominiums PembertonGroup.com
•
from $250,000
8
6C
30 Pinnacle International
Pinnacle Grand Park 2
905-276-3981
•
from $250,000
133
20L
45 Empire Communities
Rain Condominiums
raincondos.com
•
from $260,000
129
17Q
1
Pemberton Group
Miracle in Mississauga
905-603-6300
•
from $250,000
16M
2
The Daniels Corporation
FirstHome™ Long valley Phase two
905-814-0123
•
from $279,000
15M
3
Castle Group
Tuscany Gates
905-501-9557
•
from $340,000
20J
4
Conservatory Group
Mirage
905-232-2400
•
from $250,000
20K
6
Conservatory Group
Widesuites
905-897-8536
•
from $375,000
21K
8
Fernbrook Homes
Absolute Vision
905-803-0556
•
from $188,000
21k
8
Cityzen
Absolute Vision
905-803-0556
from $188,000
21K
•
21K
•
10 AMACON
The Residences at Parkside Village
lifeatparkside.com
12 Alterra Homes
Renaissance in Olde Brampton
905-454-7222
•
from $215,000
13d
12 Alterra Homes
Renaissance in Olde Brampton
905-454-7222
•
from $215,000
13d
14 Pemberton Group
Rosedale Village Golf & Country Club
905-799-5000
•
from $190,000
12e
16 Vandyk Communities
Windows on the Green
905-822-3333
from $270,000
17M
18 Retirement Lifestyle Communities
Palisades on the Glen
905-820-8210
•
from $290,000
17M
19 United Lands
Stonebrook II
905-822-8858
•
22n
21 Casino Bay Dev. Corp./Toddglen
Panoramic Point at Brewery Bay
27 Inzola Group
•
1-866-611-5525
•
from $264,000
7Q
Park Place
905-451-7001
•
from $310,000
14G
30 Pinnacle International
Pinnacle Grand Park
905-276-3981
•
from $250,000
20L
31 Pemberton Group
Bluwater Condos
416-987-8800
•
from $350,000
17T
32 Armour Heights Developments
River’s Edge
905-533-2400
•
from $285,000
14A
34 Pinnacle International
Pinnacle Uptown, Crystal 2
905-568-9000
•
from $250,000
19K
35 Ashley Oaks Group
Emporium at Joshua Creek
905-618-0660
from $200,000
17P
36 Mady Development
Market Town Condominiums
705-719-1222
•
from $144,000
5r
38 Tridel Corporation
Metrogate - Ventus 2
416-293-5535
•
•
from $302,000
19J
38 Tridel Corporation
Ventus at Metrogate
416-293-5535
•
•
from $344,000
19J
39 The Daniels Corporation
Limelight Condominiums
905-306-6996
•
from $200,000
21L
46 Mattamy Homes
The Mount Pleasant Village
mattamyhomes.com
•
from $200,000
20M
47 The Daniels Corporation
Erin Mills
•
17M
*TH: Townhomes, C: Condo
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
•
905-306-6996
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554
905 regionalmaps: Burlington, Brampton, Mississauga, Oakville, Further West, Further North
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12
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Markham
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Town of Markham
11 Concess
12 Greenpark Homes
TH* C*
10 Concess ion R
Summer Palace
Telephone
arthousemarkham.com
9 Line
Catalia Development
14 Ave
Hwy. 48 le Dr
8
Rd
3 407
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Raymervil
Site
2
Main St S
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Al
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Hwy. 27
To wn of O sh awa
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42
Bullock Dr Hwy 7
Aldergrove Dr
Builder Flato Development
35 404
Kennedy Rd
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Warden Av e
905regionalmaps: Maple, Thornhill, Richmond Hill, Vaughan, Markham, Ajax, Whitby, Oshawa
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Major Mackenzie
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Steeles Ave E
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34
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16 Ave Carlton Rd
Ave
Clark Ave W
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128
Leslie St
Centre St
Elgin Mills Rd
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Thornhil l Henderson Av
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407
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Langstaff Rd
404
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Richmon d Hill Denham Dr
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Elgin Mills Rd Neal Dr
20
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Yorkland
Huntingto
11
Major Mackenzie
19th Ave.
Gamble Rd
Bathurst St
Dufferin St
d
401
28
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Teston Rd
Nashville Rd
400
Jefferson Sideroad
Keele St
Kirby Rd
Jane St
Rd
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24
401
Weston Rd
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23
To wn of W hitby
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Price Range
Page
Finder
from $200,000
141
22E
905-597-6868
•
from $250,000
143
15F
UV2.ca
•
from $248,000
87
22F
31 Pemberton Group
Sky City 2
905-709-5700
•
from $320,000
9
12F
32 Liberty Development Corp.
Royal Gardens
905-889-9997
•
36-37
14f 12E
43 Guizzetti Developments
Grand Palace
905-907-4370
•
from $295,000
137
44 Liberty Development Corp.
Centro Square Condos 2
905-851-8877
•
35
4G
46 Empire Communities
The Mark
themarkcondos.ca
•
from $250,000
45
21E 16D
1
Monarch Corporation
Garden Court
monarchgroup.net
•
from $250,000
3
Remington Group
Downtown Markham - Rouge Bijou
905-948-9900
•
from $180,000
18f
4
Tridel Corporation
Renaissance of Richmond Hill
416-736-9500
•
from $720,000
12G
5
State Building Group
Promenade Park
905-709-3352
•
from $410,000
10g
6
Uppercity Village
Greensborough Village
905-489-9964
7
MintoUrban Communities Inc.
WaterGarden
416-915-3800
•
9
Amicorp
•
•
Terraces on the Park
905-265-8739
10 Great Lands Corp.
The Beverly Hills Resort Residences
905-882-6636
11 Triaxis Development Inc/Marino Developments
Courtyards of Maple
416-798-7070
20 Solmar Development Corp
Bellaria Residences
905-417-8482
22 Quadra Mgt. & Sceptre Devs.
Renaissance Court at Woodbridge Gates
22 Wycliffe Homes 24 Liberty Development Corp.
from $249,000
23e
from $254,000
11G
from $210,000
3f
from $250,000
13F
•
from $390,000
8E
•
from $240,000
7e
905-851-4220
•
from $230,000
3G
Fairground Lofts
905-605-5900
•
from $287,000
3G
The Fountains
905-731-8302
•
from $272,000
10F
26 Rice Development
Ambria
905-796-3630
•
from $340,000
3F
28 Chestnut Hill Homes
San Francisco by the Bay
905-831-3631
•
from $180,000
22C
31 Pemberton Group
Miracle at Yonge
905-709-5700
•
from $280,000
12F
31 Pemberton Group
Sky City
905-709-5700
•
from $320,000
12F
32 Signature Communities
TAO Boutique Condos
905-597-2535
•
from $200,000
14F
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68 Main Street
905-305-0822
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from $250,000
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35 Remington Group
Nexus North Condominium Residences
905-948-9900
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Allegra
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Vista Parc Condominiums
905-850-8883
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42 Greenpark Homes
The Upper Village
905-554-6501
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from $288,000
21E
44 Liberty Development Corp.
Centro Square Condos
905-851-8877
•
4G
44 Liberty Development Corp.
Corporate
mylibertycondo.ca
•
4G
45 Kylemore Communities
The 6th Angus Glen
•
19E
*TH: Townhomes, C: Condo
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
•
•
905-887-9950
from $455,000
3F
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554
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condo profile
DANIELS FIRSTHOME HAZELTON PLACE Phase Two goes on sale May 25 Register now for your final opportunity to own a Daniels FirstHome in Erin Mills Fully-built townhomes from $199,900!
i
magine being able to buy a brand new townhome in Mississauga priced from only $199,900! Your opportunity is just around the corner. When The Daniels Corporation goes on sale with Daniels FirstHome Hazelton Place Phase Two, these fully-built condominium townhomes are sure to go quickly, as this is Daniels’ final FirstHome Community in Erin Mills. The Preview Sales Event for FirstHome Hazelton Place Phase Two will be held over three days: Wednesday, May 22 and Thursday, May 23 from noon to 8 p.m., and Friday, May 24 from noon to 5 p.m. with the sale taking place on Saturday, May 25 at 8 a.m. sharp on a first come, first served basis. Daniels has already successfully sold 12 FirstHome Communities, having begun in Erin Mills nearly a decade ago. “FirstHome Hazelton Place Phase Two is situated in a premium location at the northwest corner of Hazelton Place and Plantation Place, just steps to the
130 new Condo Guide may 18 - jun 1, 2013
Daniels truly understands that purchasing a new home is a big decision and our FirstHome Program is designed to help make the process as accessible as possible. Loblaws Superstore, plus the shops, restaurants and services of Erin Mills Town Centre,” says Daniels vice-president Don Pugh. “Many retail amenities are present along Eglinton Avenue, and the access to Highways 403, 401 and 407 ETR is nearby.” The pent-up demand for quality-built homes in amenity-rich locations at affordable prices is so great that last year, the first phase of this community, FirstHome Hazelton Place Phase One, sold out in less than four hours! Judging by the response the company has already received for this community, FirstHome Hazelton Place Phase
Two is sure to sell quickly as well. Daniels truly understands that purchasing a new home is a big decision and our FirstHome Program is designed to help make the process as accessible as possible. To accomplish this goal, Daniels offers amazing programs that make buying easy and attainable. According to Pugh, “Our FirstHome Program is truly unlike any other homeownership program in the GTA today. We actually build the homes before going on sale, which has many benefits for our buyers. They can walk through a model of each home design and they can see, touch and feel which design best fits their budget and lifestyle needs. Plus, at FirstHome Hazelton Place Phase Two, we have 10 beautiful model homes, four of them furnished and decorated by Daniels’ Décor Team. Our build-it-first practice also means owners can move in within 30, 60 or 90 days after purchasing – a big bonus for excited first-time buyers.” In addition, Daniels also offers their innovative Gradual Deposit Payment Plan, which allows new homeowners the opportunity to pay for their five-per-cent down payment in stages. Purchasers will only have to pay $2,500 with the Agreement of Purchase and Sale, and another $2,500 within 10 days of the purchase, and then $1,000 every month until they reach five per cent of the purchase price or final closing on their new home. Daniels is also working with financial institutions to cap the mortgage rate at an incredibly low level. This limited collection of fully-built one-, two- and three-bedroom condominium townhomes in sizes from 529 to 1,515 sq. ft. offers something for everyone from single professionals to growing families. In addition to incredible prices beginning from only $199,900, purchasers will receive a lifestyle package featuring five free appliances, window coverings and a Rogers bundle that consists of Digital Cable, High-Speed Internet and Home Phone for one year. “On top of all of this, FirstHome Hazelton Place Phase Two will feature an urban agriculture component,” Pugh adds. “Similar to Phase One, Hazelton Phase Two will offer Gardening Plots. Raised stone-edged plots have been embedded into the overall community landscaping. This amenity has been incredibly popular with some of our other communities across the GTA and it’s a great way for neighbours to interact in the outdoors, give back to the environment and grow their own flowers and herbs.”
The Daniels Corporation (danielshomes.ca) is one of Canada’s preeminent builder/developers, having been building new homes and communities for over 31 years. Named the Tarion Warranty Corp.’s 2012 Highrise Builder of the Year and the recipient of the 2012 Toronto Arts and Business Award presented by the Toronto Arts Foundation, Daniels has built more than 23,000 homes throughout the GTA. Among its many initiatives, Daniels was chosen to partner with Toronto Community Housing to revitalize Regent Park – 69 acres in Toronto’s Downtown East. Committed to community, Daniels continually offers innovative programs that help people achieve homeownership, champions neighbourhood initiatives that enhance residents’ quality of life, and supports numerous charities and non-profit organizations. Don’t miss out on the final opportunity to own in a new Daniels FirstHome Community in Erin Mills! Register today to attend Daniels’ Preview Event this May by calling 905.814.0123 or visiting danielsfirsthome.ca. Be sure to follow Daniels FirstHome on Twitter at @Daniels1stHome for all the latest updates, too. may 18 - jun 1, 2013 new Condo Guide 131
CHINESE HOME & CONDO GUIDE 網上 參閱
Chinese home and condo buyers and investors now have a new comprehensive, full gloss real estate magazine to inform and guide them through the buying process in the Greater Toronto Area.
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Launched in 2012, the Chinese New Home and Condo shopper and investor will have a valuable new resource to help inform and guide them through the newest communities in the Greater Toronto Area. Pick Up Your Copy Today or call us for a free copy at 416.626.4889!
及早登記 • 浴室裝修貼士 成功的業主須知 • 新居裝修攻略
guide cover FA.indd 1 BOUR 28730 chinese condo 3.indd 1 GTA Chinse Front Cover_04271
132 new Condo Guide may 18 - jun 1, 2013
創刋一 週年誌慶 2013-04-05 4:37 PM 4/19/13 9:16:13 AM
condo profile
There’s a new downtown vibe
at Pemberton’s
DOWNTOWN ERIN MILLS
above
The separate two-storey recreation centre is home to the community’s social lounge and barbecue terrace
p
emberton Group is getting ready to introduce Downtown Erin Mills Condominiums, a brand new master-planned condominium community in one of the GTA’s most desirable locations. Register now for this exciting residential opportunity coming to Eglinton Avenue West and Erin Mills Parkway, where prices start from just the mid$200’s – incredible value in this prestigious Erin Mills neighbourhood. You can live close to Erin Mills Town Centre for easy access to more than 180 shops, restaurants and services. This established area is also already home to a wealth of amenities including existing schools, parks,
134 new Condo Guide may 18 - jun 1, 2013
trails, recreation facilities, theatres, super stores and the Credit Valley Hospital. It is also easy to get around, Mississauga Transit and GO Bus service are conveniently close by, as are Hwys. 403, 407, and 401, and the Streetsville GO Station. Within a few minutes’ drive, you can be at Mississauga City Centre, home of the Living Arts Centre, YMCA, outdoor skating and arenas and the Hazel McCallion campus of Sheridan College. In the midst of this coveted Greater Toronto Area location, the Downtown Erin Mills community will feature two sculptural towers surrounded with lush landscaping and distinguished by an elegant port cochère entry. The cosmopolitan lifestyle begins in the chic lobby, where 24/7 concierge service will be available. Designed
bottom
The large indoor pool includes a retreat with sauna and steam rooms
with the theme of wellness and active sports for the exclusive use of residents of both towers, a separate two-storey recreational centre will include a large indoor pool and poolside retreat with sauna and steam rooms. There is also a cardio fitness studio, and yoga/Pilates area. The community’s sophisticated party room has a bar, stylish dining room and kitchen, plus the social lounge and barbecue terrace with panoramic views. The suites at Downtown Erin Mills are enhanced by Pemberton’s high-quality features and finishes installed with the company’s hallmark attention to detail. Choices include a variety of open-concept layouts with laminate flooring throughout, a floor-to-ceiling height of nine ft. in the principal rooms, and generous windows. Well-equipped kitchens will have contemporarydesigned cabinetry with 40-in.-high uppers, Caesarstone
Register now for this exciting residential opportunity coming to Eglinton Avenue West and Erin Mills Parkway, where prices start from just the mid-$200’s – incredible value in this prestigious Erin Mills neighbourhood.
or granite countertops, glass mosaic backsplash, and quality stainless steel appliances (fridge, selfcleaning range, dishwasher and combination microwave and range hood). Luxurious bathrooms feature contemporary vanity cabinetry, porcelain floor tiles, a choice of Caesarstone or granite countertops, soaker tub, and frameless glass shower enclosure, all as per plan. Generous windows provide spectacular views and invite in natural light, making the living spaces bright, airy and comfortable. Each suite also comes with a stacked washer and dryer and a patio or balcony with an electric barbecue outlet. Pemberton’s well-appointed suites will range in size from 580 to 930 sq. ft., priced from the mid-$200’s to the low-$400’s. Prices include one underground parking space and a storage locker. Occupancy is slated for February 2016. With more than 50 years of experience in creating successful residential and commercial developments, Pemberton Group has earned a reputation for building outstanding communities across the Greater Toronto Area. The company already has a long history of creating excellent condominiums in Mississauga, including Miracle in Mississauga. New-home shoppers seeking extraordinary value and a phenomenal lifestyle will want to register now by calling 905.603.6300 or visiting downtownerinmills.com. To find out more about Pemberton’s many other fine communities, visit pembertongroup.com. You can also follow the company on Facebook and Twitter. may 18 - jun 1, 2013 new Condo Guide 135
GTA’s exciting free monthly home design magazine Featuring the newest products and hottest design trends for your home, inside and out.
416.626.4889 FREE
June/July 2013
volume 9 issue 4
www.homedecorandrenovations.com
Gift ideas for the
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136 new Condo Guide may 18 - jun 1, 2013
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YONGE ST.
WELDRICK RD.
BAYVIEW AVE.
MAJOR MACKENZIE DR.
16TH AVE.
PRESENTATION CENTRE
9612 Yonge St. Richmond Hill 905.907.4370 www.grandpalace.ca
Exclusive listing: Royal LePage —Your Community Realty Brokerage Broker Protected E&EO. Prices and Specifications are subject to change without notice. Illustration is artist concept. may 18 - jun 1, 2013 new Condo Guide 137
ON
style file
Bringing home
mid-century modern design // by Yanic Simard // photographed by Brandon Barre
Mid-Century Modern: a period which began mid 1940s and continued to the mid 1960s, was all about simplicity, clean lines, organic lines and of course quality construction. It was design ahead of its time and remains classic to this day. When Grimsby couple Patricia and Frank came to our firm, they asked us to design the front den of their
home to become a multifunctional getaway where the family of five could relax and hang out, and also use as a makeshift office area when working from home. They wanted it to be calm and relaxing, yet still have a sophisticated edge to it. I then knew right away that this space would host an eclectic mix of furnishings including those inspired by the mid-century modern era. When my firm Toronto Interior Design Group first came in, the white walls were bare and there was little furniture in the room. The possibilities were endless, as the clients allowed us to really let our imagination run wild with this project and trusted us completely continued on page 140‌
138 new Condo Guide may 18 - jun 1, 2013
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may 18 - jun 1, 2013 new Condo Guide 139
style file
continued…
with whatever we wanted to do. The first task was determining the floor plan and flow of the space. After trying several different configurations on paper, we decided to incorporate a small sofa, desk and two lounge chairs, which could be used for either working at the desk area or moved toward the sofa for a conversation area – perfect for the purpose they wanted the room to serve. After the homeowners fell in love with the floor plan, it was time to create a design they would fall in love with too. Our starting point in terms of the design was painting the walls in Benjamin Moore’s OC-23 Classic Gray (my go-to shade) and then coming up with this unique feature wall which is a combination of alternating mirror slabs and grass cloth wallpaper installed on MDF – this adds instant drama to the room while still remaining quite subtle. We then moved on to sourcing the furniture; we decided to go with a custom sofa, floating glass top desk and two of my favourite beautiful mid-century inspired Brno chairs, which we re-covered in a luxurious velvet for a more personalized look. The small space room was really beginning to take shape. Fast forwarding to the finishing touches, we brought in a mix of chrome and brass, which really balanced out the entire look, while also adding the edge and sophistication that Patricia and Frank longed for. For a hint of exotic, a natural brown cowhide rug hugs the floor, while extremely textural horse sculptures linger in the background near the retro looking walnut lamp. But the element that we all felt really brought life to the room was this amazing art piece by world photographer Tony Koukos. However, the real key component that tied this space together takes me back to the beginning of this article – the mid-century items. The beauty of them, which you can notice from looking at this space, is that they would work well in any setting effortlessly, while always remaining timeless. These pieces are such a great way in connecting the old world with the new and in adding a touch of elegance to any interior. My job at this residence was done when the homeowners told me they absolutely loved their new den and that they have been using the space every day – another happy client, which keeps me motivated to continue doing what I’m doing. For help with your interior design project, visit tidg.ca and fill out a client information form. We look forward to hearing from you!
Creating the iconic mid-century look
› I ncorporate a sunburst – weather in a mirror or clock, this design is a staple for this period ›T he use of a neutral wall colour – to let the splendor of the furniture speak for itself › Mixing of materials such as glass, wood and metal
Influential Designers of the Mid Century Period › Henry Miller
› Ray and Charles Eames › Ludwig Mies van der Rohe Yanic Simard is the principal designer of the Toronto Interior Design Group. Specializing in residential and commercial projects, Simard often applies his signature high/low and old/new combination design techniques in developing unique designs. Simard has created designs for clients in Toronto, Montreal and Miami, and has appeared as a regular guest expert on Citytv’s CityLine. For more information visit tidg.ca 140 new Condo Guide may 18 - jun 1, 2013
Shop for Mid Century Furniture › Fullhouse in Vancouver fullhouseconsign.com
› MachineAge Modern in Toronto machineagemodern.com
› Atomic in Toronto atomicdesign.ca
MA J O R MACK DR
WAR DE N AVE
MAR K HAM R D
16t h AVE MCCOWAN R D
K E NN E DY R D
ART HOUSE CONDOS
PRESENTATION CENTRE B U R OAK AVE
HI GHWAY 7
407
may 18 - jun 1, 2013 new Condo Guide 141
Scrumpdillyicious
Leslie Styles, foodie and travel aficionado, shares some delicious dishes found on her travels around the world
Banana Layer Cake with cream cheese frosting ingredients
Makes 1 split-layer cake
› 1/2 cup butter, at room temperature, plus more for pan › 1 cup granulated sugar › 2 large eggs › 1 1/2 cups unbleached flour › 1 tsp baking soda › 1 tsp salt › 1 cup mashed very ripe bananas
› 1 whole banana, cut into thin slices › 5 tbsp buttermilk › 1 tsp vanilla › 1/2 cup chopped walnuts or pecans Cream Cheese Frosting: › 8 oz cream cheese › 3 cups confectioner’s sugar › 1/2 tsp vanilla
Directions ›› Preheat oven to 350°F. Butter a loaf pan and set aside. Using an electric mixer fitted with the paddle attachment, cream butter and sugar until light and fluffy. Add eggs, and beat to incorporate. ›› In a medium bowl, whisk together flour, baking soda, and salt. Add to the butter mixture, and mix until just combined. Add bananas, buttermilk, and vanilla; mix to combine. Stir in nuts, and pour into prepared pan. ›› Bake until a cake tester inserted into the center of the cake comes out clean, about 30 to 40 minutes. Let rest in pan for five minutes, then turn out onto a rack to cool. Using a long knife, slice the cake in half though the middle, making two layers. Remove one half and set aside.
rich, moist and delicious, this double layer banana cake with fluffy cream cheese frosting is one of my favourite desserts, a beautiful culinary creation that envelops luscious layers of cake with an indulgent creamy frosting. A sweet symbol of celebration, you don’t need a special occasion to make this simply divine dessert. Layered with cream cheese frosting and slices of fresh banana, this recipe is what happens when banana bread goes to the dark side. It’s also an excellent way to use up over ripe bananas – the browner they are, the better. The same recipe can be used to make banana bread and muffins, but the delicate cream cheese frosting and layers of fresh sliced bananas, make this dessert irresistible. 142 new Condo Guide may 18 - jun 1, 2013
›› To make the frosting, beat the cream cheese until smooth; then add the sugar and vanilla, and mix until light and fluffy. To assemble the cake, place one layer of cake on a serving platter and spread with cream cheese frosting. Arrange one layer of banana slices over top, then cover with the second layer, and frost the top and sides of the cake. Garnish the sides or top with chopped nuts. Slice and serve.
Leslie Styles is president of Styles Design Inc., a Toronto-based branding and communications agency, and author of Scrumpdillyicious, a food & travel blog dedicated to all things delicious. She can be reached at stylesdesign.net and scrumpdillyicious.blogspot.com
SUMMER PAL ACE CONDOMINIUMS HERE IN RICHMOND HILL ...
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Prices and specifications subject to change without notice. See sales representatives for details. Renderings and images are for mood and impression only. E.&O.E 2013.
The stunning “Madeline” two-bedroom-plus-den model suite is showcased in the King Blue Condominium Presentation Centre, located at 355 King St. W., Toronto.
MAY2013
bazis has been featured as “model suite of the month” in the new condo guide model suite calendar
homebuyers’ help
condo buyers’
resource section
You love the condo, see what you can afford! Compare mortgage rates for your best deal Calculate your mortgage payments using the mortgage payment calculation chart
may 18 - jun 1, 2013 new Condo Guide 145
homebuyers’ help
Calculate your mortgage payments interest rate
amortization period
chart figure
mortgage amount ÷ 1,000
monthly payment
example: 5%
25 years
5.82
125 (mortgage amount $125,000)
$
Follow these steps to see if you’ll qualify for a mortgage on your dream condo 01 Calculate the combined monthly before-tax income of you and your spouse. 02 Divide by three. This figure is the monthly payment you can afford to make on your condo. 03 Take the total price of the condo and subtract the amount of money you expect to make as a down payment. This is the money you will have to borrow.
146 new Condo Guide may 18 - jun 1, 2013
04 Refer to the chart on the opposite page. Look down the left column and locate the interest rate you expect to pay. Line this up with the amortization period of your choice. (Most first-time buyers take the 25-year amortization.) 05 Multiply this figure by the amount you need to borrow. Divide by 1,000.
06 Add to this your estimated monthly heating costs and monthly property taxes. 07 If this figure is equal to or less than one-third of your gross monthly income (calculated in Step 2), you’ll qualify for a mortgage on your dream condo.
Bear in mind that this is a rough estimate. If you have several other large loans already, you may qualify for less. Also, banks and trust companies vary in their policies. The best way to know what you can afford is to go to the lending institution of your choice and get pre-qualified.
Mortgage payment calculation chart
%
Amortization Periods
Interest Rates
10 years
15 years
20 years
25 years
30 Years
3.00%
9.65
6.90
5.54
4.73
4.21
3.25%
9.76
7.02
5.66
4.86
4.34
3.50%
9.88
7.14
5.79
4.99
4.48
3.75%
9.99
7.26
5.91
5.13
4.61
4.00%
10.11
7.38
6.04
5.26
4.76
4.25%
10.23
7.50
6.17
5.40
4.90
4.50%
10.34
7.63
6.30
5.53
5.04
4.75%
10.46
7.75
6.44
5.67
5.19
5.00%
10.58
7.88
6.57
5.82
5.34 5.49
5.25%
10.70
8.01
6.74
5.96
5.50%
10.82
8.14
6.85
6.10
5.64
5.75%
10.94
8.27
6.98
6.25
5.79
6.00%
11.07
8.40
7.12
6.40
5.95
6.25%
11.19
8.53
7.26
6.55
6.11
6.50%
11.31
8.66
7.41
6.70
6.26
6.75%
11.43
8.80
7.55
6.85
6.42
7.00%
11.56
8.93
7.69
7.00
6.59
7.25%
11.68
9.07
7.84
7.16
6.75
7.50%
11.81
9.21
7.99
7.32
6.91
7.75%
11.94
9.34
8.14
7.47
7.08
8.00%
12.06
9.48
8.28
7.63
7.25
8.25%
12.19
9.62
8.44
7.79
7.42
8.50%
12.32
9.76
8.59
7.95
7.59
8.75%
12.45
9.90
8.74
8.12
7.76
9.00%
12.58
10.05
8.86
8.28
7.93
9.25%
12.71
10.19
9.05
8.45
8.10
9.50%
12.84
10.33
9.20
8.62
8.28
9.75%
12.97
10.48
9.36
8.78
8.45
10.00%
13.10
10.63
9.52
8.95
8.63
10.25%
13.24
10.77
9.68
9.12
8.80
10.50%
13.37
10.92
9.84
9.29
8.98
10.75%
13.50
11.06
10.00
9.46
9.16
11.00%
13.64
11.22
10.16
9.63
9.34
11.25%
13.77
11.36
10.32
9.80
9.52
11.50%
13.91
11.52
10.49
9.97
9.70
11.75%
14.04
11.66
10.65
10.15
9.88
12.00%
14.18
11.82
10.81
10.32
10.06
12.25%
14.32
11.97
10.98
10.49
10.25
12.50%
14.46
12.13
11.15
10.67
10.43
12.75%
14.59
12.28
11.31
10.85
10.61
This table shows the monthly payment of principal and interest for each $1,000 of mortgage. Example: The monthly principal and interest payment for a $125,000 mortgage with a 25-year amortization period at 5% is as follows: ($125,000 รท 1,000) X 5.82 = $727.50 may 18 - jun 1, 2013 new Condo Guide 147
Ontario’s Most-Read New Homes Group We are the largest magazine distribution system in Ontario. May 18 - Jun 1, 2013 Volume 17 Issue 10
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Great Gulf introduces Mount Pleasant, a spectacular new community INSIDE THIS ISSUE
CONDO MARKET CONTINUES TO BALANCE
HOMEOWNERS SELECT THE INDUSTRY’S FINEST
BILD CONFERS ANNUAL AWARDS
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CELEBRATING QUALITY COMMUNITIES IN THE GTA
HOMEOWNERS SELECT THE INDUSTRY’S FINEST
SaleS Centre iS now oPen!
BILD CONFERS ITS ANNUAL AWARDS
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ONTARIO’S
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INSIDE THIS ISSUE
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COMMON MONEY MISTAKES COUPLES MAKE
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2013 EDITION FREE
volume 9 issue 4
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Profiling a selection of the GTA’s top home & décor shops and services
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sHoppIng 2013 Home Décor anD renovations
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20
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MORTGAGE SMARTS
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SEPARATING FACT FROM FICTION
Yanic Simard’s
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416 OR 905
Which area is right for you?
warm up great design We help get your home ready for summer
Inspiration in
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INSIDE THIS ISSUE
THE NEXT GENERATION OF APPLIANCES
LIVING LARGE IN A SMALLER SPACE
FOCUS FEATURES ON TOP LIFESTYLE COMMUNITIES
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四月二十七日至五月二十五日 / Apr 27 - May 25, 2013
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Please recycle our magazines! Wall2Wall Media participates in the Partner’s In Growth Reforestation Program through St. Joseph Communications. To date, Partners in Growth has planted over two million trees in parks, recreation and conservation areas, and other public spaces across Canada. Established in 1990, this program was started with Scouts Canada to help replenish the environment.
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Brought to you by
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homebuyers’ help
Compare mortgage rates for your best deal CHARTERED BANKS
Variable
6 Months
1 Year
2 years
3 years
4 years
5 years
ATB Financial 2.6
4 6.30op
3.1 6.30op
3.14 3.55 4.39 6.50op
3.04
Alterna Svgs/Alterna Bk 2.85
4 6.30op
3.05 3.09 3.09 2.99 6.30op
3.09
Bank of Montreal 3.1
4 6.30op
3 3.04 3.55 4.54 6.30op
3.09
Bank of Nova Scotia 3
4.55 6.45op
3.75 2.69 3.99 2.99 6.50op
4.99
Canadian Western Bank
4 6.45op
3 3.04 3.55 4.54 6.30op
5.14
CIBC 3.2 6.70op
3 3.14 3.55 2.99 6.35op
5.14
HSBC Bank Canada 3
2.7 3.95 2.98 4.99 6.35op
3.4
3.15
3.65
3.64
3.69
3.44
3
3
2.79
2.99
3.08
ICICI Bank Canada ING Direct
4.45 6.20op
3.05 3
Laurentian Bank n/a
4.4 6.70op
Manulife Bank 3 4.45
3.09 3.14 3.55 4.54 6.30op
5.14
3 3.05 3.1 3.1 4.00op
3.09
MonCana Bank
2.79
2.89
2.99
National Bank n/a
3.1 3.14 3.55 4.54 6.30op
3.39
President’s Choice Finan
4 6.70op
3.2
Royal Bank 3
4 6.30op
TD Canada Trust 3.2
2.79
3.2
2.79
3.35
3.44
3 3.04 3.55 4.54 6.30op
3.24
5.14
3 6.30op
3.04
3.55
2.99
5.14
3.04
TRUST COMPANIES AGF Trust
n/a
2.99
3.1
3.5
3.64
Community Trust
n/a
6.5
3.1
3.35
3.95
4.64
Effort Trust n/a
4.45 6.30op
3.25 3.6 3.9 4.5 6.30op
4.95
Home Trust Company
3.2
2.49
3.49
2.74
2.99
2.89
Investors Group Trust n/a
4 6.50op
3 3.14 3.55 4.54 6.30op
5.14
MTCC 3
4.55 6.45op
3.75 6.50op
2.99
4.99
Airline Financial C.U. 4
2.99 3.25 3.29 3.09 6.25op
3.49
Comtech Credit Union 2.79
6.6 8.40op
2.99 3.25 3.29 3.19 9.00op
3.09
First National Fin. LP
3.95
2.69
2.79
5.24
3.99
OTHER FINANCIAL INSTITUTIONS
2.99
2.99
FirstOntario C.U. 2.79 6.34op
2.99 3.14 3.19 3.24 6.34op
2.97
London Life n/a
3 3.14 3.55 4.54 6.30op
5.14
Luminus Financial 2.95
3.1 3.95
2.95
3.05
MCAP 2.9
3.6 3.95 4.35 4.89 7.00op
5.14
Meridian Credit Union 2.85 4.45
3.1 3.14 3.7 2.98 6.30op
3.19 3.4
4 6.50op
2.74
2.69
3
2.79
2.75
Parama Credit Union
2.9
3
3.05
3.15
3.25
Steinbach Credit Union
2.4
2.4
2.5
2.7
2.8
3
2.99 6.50op
3.04
2.79
3.89
3.19
Teachers Credit Union 4
4.45 6.30op
Notes **Interest rate charged subject to adjustment during term mortgage. Please consult institution for term of years available. All rates are prime rates and subject to change without notice. R.O.R. RATES ON REQUEST op OPEN ----- NOT QUOTING N/A NOT AVAILABLE May 6, 2013. Prepared By Fiscal Agents Financial Information Services 905.844.7700
may 18 - jun 1, 2013 new Condo Guide 149
index of advertisers 45 Charles Ltd. - Chaz
43
Insoho Developments - Imagine Condos
Alterra Homes/Finer Space - Post House Condominium
67
Lanterra Developments - Riverhouse at the Old Mill
31
139
Lanterra Developments - The Britt
11
5
Lanterra Developments - Treviso II
25
Augustine Group - Port Place Condos Bazis Inc. - E Condos Bazis Inc. - Exhibit Definitive Residences Bazis Inc. - Model Suite of the Month
27 144
Brandy Lane Homes - The Station
50
Camrost - Felcorp - Imperial Plaza Camrost - Felcorp - Yorkville Plaza
3
Liberty Development Corp. - Terrace on Danforth
36-37
1
Liberty Development Corp. - World on Yonge
36-37
Catalia Development - Summer Palace
143
Chinese Home & Condo Guide - Promo
132
City Core - Harmony Village Sheppard
89
Concert Properties - 88 Scott
53 18-19
Cresford Development Corp. - CASA III
IBC
Cresford Development Corp. - Lofts 399
152
Cresford Development Corp. - Merton Yonge Condominiums
151
Davies Smith - Eleven Superior
99
Dundee Kilmer Developments - Canary District Condominiums
83
Easton’s Group - King Blue Condominiums
79
Eden Shaw - Chaz
43
ELAD Canada - Dreamtower At Emerald City
73
Empire Communities - Rain Condominiums
129
Empire Communities - The HUB
6-7
Empire Communities - The Mark
45
Family of magazines - Promo
148
Flato Development - Arthouse
141
Freed - 155 REDPATH
51
Freed - SIXTY Colborne
66
Graywood Developments - Five Condos Graywood/Beaverhall Development - Ocean Club Great Gulf Homes - One Bloor Residences Great Gulf Homes - One Sherway Condominiums
35 36-37
104
Gairloch Investments - 383 Sorauren
Liberty Development Corp. - Centro Square Condos 2
119
Liberty Development Corp. - Royal Gardens
Canpages - Promo
Concord Adex - Opus
Lash Group of Companies - Me
121
111 49 115 17 22-23
Lifetime Developments - Corporate Lindvest - B Streets Luxury Condos - Promo
29 108 42
Menkes Developments Inc. - Corporate
Insert
Menkes Developments Inc. - Noir
Insert
Menkes Developments Inc. - One Sherway Condominiums
22-23
Metropia - E Condos
5
Metropia - Exhibit Definitive Residences
27
MintoUrban Communities Inc. - 30 Roe
77
Mod Developments Inc. - The Massey Tower
47
Monarch Corporation - Corporate
Insert
Monarch Corporation - Lago
Insert
Monarch Corporation - Picasso on Richmond
Insert
Monarch Corporation - The Epicurean
Insert
Pemberton Group - Downtown Erin Mills Condominiums
8
Pemberton Group - Sky City 2
9
Pianosi Developments - Perspective Condos
103
Pinnacle International - Pinnacle Grand Park 2
133
Pinnacle International - The Pinnacle on Adelaide
109
Plaza - Exhibit Definitive Residences
27
Queenscorp Residences - Watermark
105
Remington Group - Park Towers at IQ
117
Rio Can - E Condos
5
The Daniels Corporation - Cinema Tower Condominiums
39
The Daniels Corporation - High Park Condominiums
15 41
Great Gulf Homes - Yonge+Richmond
24
The Daniels Corporation - NY2
Greenpark Homes - UV2
87
The Daniels Corporation - One Park Place Condominiums Insert & 57
Guizzetti Developments - Grand Palace
137
Tower Hill Development Corporation - 2221 Yonge
69 65
Harhay Developments - One Eleven Condominiums & Lofts
85
Tribute Communities - Canterbury
Heathwood Homes - Mikey - Walk for Life
48
Tridel Corporation - 101 Erskine
IFC
Tridel Corporation - Ventus at Metro Gate
BC
Home Decor & Renovations - Promo 150 new Condo Guide may 18 - jun 1, 2013
136
WORD ON THE STREET ACT NOW! WELL UNDER CONSTRUCTION - MOVE IN THIS YEAR!
introducing
The Streetside Collection Urban 1 and 2 storey Townhomes from 1000 to 1700 sq. ft. with vibrant street access and private interior gardens. Centrally located in the heart of Davisville village, flanked by the lively neighbourhoods of Eglinton & St. Clair and located at Yonge & Merton. Steps to the subway, parks, trails and great shopping.
M ERTO N YO NGE TOWNHOM E S
N
DAVISVILLE PRESENTATION CENTRE MERTON
TTC SUBWAY
Fresh Urban Towns from the low $500,000’s Tower Suites from the low $300,000’s
YONGE
➤
EGLINTON
SITE ST. CLAIR
To see up-to-date construction progress visit cresford.com Visit the New Presentation Centre 170 Merton St. Toronto, ON. M4S 1A1 416.484.1900 myccondo.com
BROKERS PROTECTED. PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. ILLUSTRATIONS ARE ARTIST CONCEPT. E.&O.E. 151 new Condo Guide may 18 - jun 1, 2013
LOFT 10’ & 12’ lofts in King West. Cool Layouts, Awesome Amenities in the heart of the Black Tie District at Adelaide and Brant.
Brokers Protected. Illustrations are artist’s concept. Prices and specifications are subject to change without notice. E. & O.E.
PRESENTATION CENTRE 19 BRANT STREET SUITE 103 T.416.867.3999 LOFTS399.COM
RICHMOND ST. W N
CAMDEN ST. ADELAIDE ST. W KING ST. W
SPADINA AVE.
SPACIOUS LOFTS IN THE 400’s $
BRANT ST.
MOVE IN NOW
MOVE IN NOW!
Suite 607 PRICES STARTING
2E+D DESIGN FROM $343,500* Parking Included
PRESENTATION CENTRE
52 VILLAGE GREEN SQUARE SCARBOROUGH Kennedy Road, north of Hwy. 401 CONTACT US
PHONE 416.293.5535 WEB TRIDEL.COM
Feel at home in the Ventus 2E+Dining suite, providing 838 sq. ft.* of gracious living. This corner suite offers an open concept kitchen overlooking the dining room, perfect for entertaining. The spacious two-bedroom design includes superior features and finishing details with a walkout balcony overlooking the eco-friendly Metrogate Park. Includes one parking spot. See the stunning lobby with attentive concierge, tour the Club Ventus recreational amenities and visit our four new designer decorated model suites. PRESENTATION CENTRE HOURS: Monday to Thursday 11 am – 7 pm Friday Closed Saturday & Sunday 12 pm – 6 pm
A Tridel Built Green. Built for Life.® community. *Prices and specifications are subject to change without notice. Tridel®, Tridel Built for Life®, Tridel Built Green. Built for Life.® are registered trademarks of Tridel and used under license. ©
Tridel 2013. All rights reserved. E.&O.E. May 2013.
metrogate@tridel.com
Facebook.com/Tridel
Twitter.com/Tridel
tridel.com
MOVE IN THIS YEAR!
Situated in the heart of the award-winning and internationally recognized Regent Park Revitalization, One Park Place has been an incredible success! Already well under construction with move-ins starting as early as this fall, this one-of-a-kind new residence offers an incredible location, top-of-the-line amenities, Daniels superior quality construction and impeccable suite designs.
At One Park Place, purchasing with Daniels’ Gradual Deposit Payment Plan* is as easy as 1, 2, 3...
Already under construction in the heart of Toronto’s downtown east, One Park Place is the newest addition to the internationally recognized and awardwinning Regent Park revitalization. Close to incredible new amenities, restaurants, grocery shopping, the TTC and much more, you can be sure that One Park Place is the ONE new home for you.
5
BUY WITH
%
SUITES FROM THE LOW
$300,000s
1
Pay $3,500 with the Agreement of Purchase and Sale
2
Pay $1,000 each month until you reach 5% or occupancy
3
Own your new home at One Park Place
PLUS... FOR A LIMITED TIME RECEIVE PARKING & LOCKER
Parliament St.
Berkeley St.
Gerrard St. E
Oak St. Cole St.
Regent St.
Arnold Ave.
Milan St.
Dundas St. E
Sackville St.
FLIP TO SEE INCREDIBLE BONUS OFFER!
CALL OR VISIT US TODAY!
One Park Place Presentation Centre
416.955.0559
danielsoneparkplace.com
500 Dundas St. East, Toronto Mon-Thurs: 12pm - 6pm Sat, Sun & Holidays: 12pm - 5pm Fri: Closed
Exclusive Listing: CityLife Realty Ltd. Brokerage. Brokers Protected. Illustrations are artists concepts. Prices, programs and specifications are subject to change without notice. E. & O. E. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without prior written permission of The Daniels Corporation, is strictly prohibited. *Limited time offer. Conditions apply. See Sales Representatives for full details.
$12,800 + 6 MONTHS FREE MAINTENANCE! FOR ONLY
Construction is almost complete – lock into today’s LOW mortgage interest rates!
CALL OR VISIT US TODAY!
416.955.0559 danielsoneparkplace.com
ASK A BOUT
*
BECOME PART OF THE SUCCESS AT ONE PARK PLACE AND LIVE IN STYLE!
THE
YOUR SPECTACULAR PANORAMIC VIEW FROM THE LAVENDER SUITE
LAVENDER SOUTHWEST VIEW
ONE BEDROOM With a strong attention to detail for how people live, phenomenal finishes and some of the best city views available in the downtown core, the range of floorplans voffered at One Park Place can accommodate everyone, from firsttime buyers to move-up purchasers and empty-nesters in comfortable style.
YOU
”
- Nader Farhat PURCHASER OF THE LAVENDER SUITE ONE PARK PLACE
LUXURIOUS KITCHENS & BATHS DESIGNED BY CECCONI SIMONE
D/W ISLAND
BEDROOM 9’9” x 9’10” KITCHEN
LIVING / DINING ROOM 12’2” x 12’1”
”
I love the sheer number of windows I’ll have for natural light, and the views will be wonderful.
691 SQ. FT. 59 SQ. FT. 750 SQ. FT.
BALCONY
The 691 sq. ft. one-bedroom Lavender design is a spectacular and popular example. Round the corner from the entry of this spacious open-concept layout, and notice the infusion of natural light from multiple windows. In fact, for purchaser Nader Farhat, this was a major reason for choosing the Lavender design facing southwest as his new home. “I love the sheer number of windows I’ll have for natural light, and the views will be wonderful.”
SUITE AREA: OUTDOOR AREA: TOTAL AREA:
BATH
Taking open concept to a new level, the main living area is ideal for entertaining or simply kicking back after work and gazing at those stunning city views. Daniels worked with renowned interior designers Cecconi Simone to create a modern and functional linear kitchen, equipped with top-of-the-line stainless steel appliances and Quartz countertops. An extended free-standing kitchen island makes this space even more dynamic and flexible.
This awesome custom multi-purpose island offers a lot of storage space, additional counter space and an inset stainless steel tray to chill drinks for special dinner parties or keep paperwork. What makes this island even more functional is that it can be used as a dining table for four. The Living / Dining Room offers ample space to customize your furniture in a layout that best suites your lifestyle needs. Access to the Balcony adds another dimension, with the possibility of container gardening in this outdoor space. The Bedroom is conveniently located next to the luxurious Bathroom, and having the washer/dryer and coat closet behind sliding doors at the Entry is incredibly practical.
W D
ENTRY
ON INCRE E DIB DEAL * LE !
PARK
ING & LOCKE R FOR ONLY
$12,80
+ 6 MO NT
0
MAINT HS F R E E ENAN CE
It’s never been a better time to buy a Monarch home. Enjoy incredible buyer incentives at all of our communities and make your dreams of a new home come true today.
MONARCH COMMUNITIES.
MONARCH, CANADA’S OLDEST AND MOST EXPERIENCED BUILDER. NOW OPEN
UNDER CONSTRUCTION
EXPERIENCE CENTRE:
EXPERIENCE CENTRE: ETOBICOKE WATERFRONT
2167 Lake Shore Blvd. West, Etobicoke 416.495.3544
KINGSWAY
NOW OPEN
UNDER CONSTRUCTION EXPERIENCE CENTRE:
EXPERIENCE CENTRE: ETOBICOKE WATERFRONT
4195 Dundas St. West, Etobicoke Entrance on Prince Edward Dr. 416.495.3530
2167 Lake Shore Blvd. West, Etobicoke 416.495.3544
MARKHAM
UNDER CONSTRUCTION
Open on weekends only 10350 Woodbine Ave, Markham 416.495.3595
UNDER CONSTRUCTION EXPERIENCE CENTRE:
NORTH YORK
By appointment only 416.495.3548
2013 TARION AWARD OF EXCELLENCE FINALIST HIGH-RISE BUILDER OF THE YEAR LARGE VOLUME BUILDER OF THE YEAR
Like us on:
DOWNTOWN TORONTO
EXPERIENCE CENTRE HOURS: Mon. – Thurs. 12pm – 6pm, Weekends & Holidays 12pm – 5pm, Closed Fridays
Follow us on:
facebook/monarchcorp
256 Queen St. West, Toronto 416.495.3549
twitter @monarch_group
MONARCHGROUP.NET *Limited time only. Some conditions apply. Please ask a sales representative for full details. Prices, specifi cations and promotions are subject to change without notice. Renderings are artist’s concept and images are for mood and impression only. E.&O.E. May 2013. 21176
573 FT2 1B+D 5TH FLOOR FRENCH BALCONY
NOW UNDER CONSTRUCTION.
10TH-13TH FLOOR BALCONY A
RECEIVE UP TO $35,000 OFF* THE PURCHASE PRICE. It’s never been a better time to buy a Monarch home. Enjoy incredible buyer incentives at all of our communities and make your dreams of a new home come true today.
PRIVACY SCREEN 22'-2"
DEN 5'-9" × 7'-9"
QUEEN 60" x 78" DOUBLE 54" x 72"
CLOSET ORGANIZER
5'-0"
BEDROOM 10'-0" × 10'-0"
AN URBAN ICON. AN UNBELIEVABLE PRICE.
4'-7" BALCONY
Rising high above the urban fabric of chic Queen West, Picasso on Richmond is a thought provoking dedication to modern design. The
24"
iconic development places you steps from
KITCHEN/LIVING/DINING 19'-10" × 11'-0"
18"
Toronto’s theatre and financial districts, and in the heart of the city’s most coveted shopping
W
district. With Picasso on Richmond breaking
D
24"
ground, take full advantage of our under
4'-1"
PRIVACY SCREEN
construction pricing before it’s too late.
A GREAT SELECTION OF SUITES STILL AVAILABLE! DOWNTOWN TORONTO FROM THE $280,000’s NOW UNDER CONSTRUCTION
Queen St.
twitter @monarch_group
MONARCHGROUP.NET *Limited time only. Some conditions apply. Please ask a sales representative for full details. Prices, specifi cations and promotions are subject to change without notice. Renderings are artist’s concept and images are for mood and impression only. E.&O.E. May 2013. 21176
$299,990
*
573 SQ.FT (1 BED + DEN)
DISCOVER ONE OF ETOBICOKE’S FINAL URBAN WATERFRONT SETTINGS.
LAST CHANCE FOR PRE-CONSTRUCTION PRICING.
BALCONY 95 SQ.FT | TOTAL LIVING SPACE 668 SQ.FT
Bronte Rd.
BUILDING LOCATION Valleyridge Dr.
Col. Williams Pkwy. Follow us on:
facebook/monarchcorp
Hwy. 5 (Dundas)
John St.
Like us on:
Peter St.
N
N
EXPERIENCE CENTRE
SUITE OF THE MONTH
Richmond St. W. PRESENTATION CENTRE
EXPERIENCE CENTRE: Richview Blvd. 256 Queen St. West Upper Middle Rd. Mon. – Thurs. 12pm – 6pm Weekends & Holidays 12pm – 5pm, Closed Fridays 416.495.3549
EXPERIENCE CENTRE: 2167 LAKE SHORE BLVD. W. ETOBICOKE | 416.495.3544 MON. – THURS. 12PM – 6PM WEEKENDS & HOLIDAYS 12PM – 5PM, CLOSED FRIDAYS
Like us on:
Follow us on:
facebook/monarchcorp
twitter @monarch_group
MONARCHGROUP.NET *Limited time only. Some conditions apply. Please ask a sales representative for full details. Prices, specifi cations and promotions are subject to change without notice. Renderings are artist’s concept and images are for mood and impression only. E.&O.E. May 2013. 21176