Greater Toronto Area Oct. 23–Nov. 20, 2021
Greater Toronto’s COMPLETE CONDO GUIDE
The Newest Expression Of Urban Living Coming Soon To The ME Living Community
INSIDE:
WHY LONG-TERM DATA SHOULD GUIDE YOUR BUYING DECISION
HOW TO LEGALLY DEAL WITH NOISY NEIGHBOURS
COMING SOON TO BRAMPTON
WHAT’S BETTER TOGETHER?
CONDOS AT THE GATEWAY
Everything that matters, comes together at DUO Condos. Transit friendly. Life friendly. Space friendly. Steps from the Gateway Terminal, future Hurontario LRT and Sheridan College, it’s perfectly placed. Close to shopping, restaurants and numerous parks, trails, and golf courses, Brampton’s best is close to home. With suites that score high on livability and amenities that enrich your everyday, DUO will reimagine the way Brampton lives.
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duocondos.ca
Exclusive Listing Brokerage: Baker Real Estate Incorporated
UNDER CONSTRUCTION
OCCUPANCY SPRING 2022
SUI
2 BED 764 sq
RETHINK LIVING BY THE LAKE AND PARK
Nestled within an area featuring beautiful public parks and pathways, Humber Bay, Shores Park, the Waterfront Trail and High Park to name a few, and facing the expanse of Lake Ontario, Mirabella combines urban living within one of the most natural settings in Toronto. Our suites not only showcase our bespoke quality for enduring value but are also up to 20% larger than the average downtown urban condo, providing you with additional space to live, work and play. All suite owners have access to exclusive amenities including two shared outdoor terraces, a party room, indoor pool, yoga studio, fitness centre and more. Located at 1926 Lake Shore Blvd W. residents can enjoy great neighbourhoods, an unprecedented natural environment and a convenient commute to the downtown Toronto core, Mississauga centre and the airport. Mirabella offers Toronto living away from the congestion of downtown and without altering the convenience of your lifestyle.
*Prices, availability and specifications are subject to change without notice. Upgrades included may vary per suite, please ask a sales representative for more information. Illustrations are artist’s concept only. Views from other levels may vary. E. & O. E.
All dimen * Effective
SUITE WMSS-W | 2B+D | 764 sq.ft
Approximate Panoramic Balcony Views from Suite WMSS-W on Level 26
SUITE WMSS-W
2 BED + DEN 764 sq.ft
12
15
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10
5
12
15
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11 9
9
2
12
5
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171
7
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7
9
Second full bathroom for guests/family
12
8
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2
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12 11
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2 3 5
11 10
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2 3
FLOORS 27-32
FLOORS 12-26
6 9
8
7
FLOORS 12-26
REGISTER NOW FOR MORE INFORMATION
FINAL RELEASE NOW SELLING
7
3 FLOORS 12-26
15
5
8
2
FLOORS 33-39
15
All dimensions, specifications, and drawings are approximate. Furniture not included. Actual square footage may vary from stated floor plan. E. & O. E. - June 16, 2021 * Effective June 16, 2021 "Principal" will replace the word "Master"
3
6 9
1
11
5
16
All dimensions, specifications, and drawings are approximate. Furniture not included. Actual square footage may vary from stated floor plan. E. & O. E. - June 16, 2021 * Effective June 16, 2021 "Principal" will replace the word "Master"
11
3
2
5
10
FLOORS 27-32
15
Ample storage with over 17 linear feet of closet space Finish and electrical upgrades included*
10
FLOORS 12-26 FLOORS 12-26
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1
11
Expansive living room and wide dining room (with additional space for a desk or armoire)
1
6
15
12
3
6
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FLOORS 33-39
3
11
9
8
2
All dimensions, specifications, and drawings are approximate. Furniture not included. Actual square footage may vary from stated floor plan. E. 12 & O. E. - June 16, 5 2021 Spacious 5’ x 18’ 3” balcony with awe-inspiring views of Humber Bay * Effective June 16, 2021 "Principal" will replace the word "Master" and Lake Ontario 1011 9 8 6 7 PRINCIPAL* 10
17
15 12
FLOORS 27-32 16
6
2
16
5
12
nsions, specifications, and drawings are approximate. Furniture not included. Actual square footage may vary from stated floor plan. E. & O. E. - June 16, 2021 All dimensions, specifications, and drawings are approximate. Furniture not included. Actual square footage may vary from stated floor plan. E. & O. E. - June 16, 2021 e June 16, 2021 "Principal" will replace the word "Master" * Effective June 16, 2021 "Principal" will replace the word "Master"
1
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5 8
FLOORS 27-32
5
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11
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Den that has been designed to work as a functional home office
2
2
3
6
7
6
1
10
11 3 FLOORS 27-32
Interior bedroom that can function as a second bedroom or as an extension of the living room
8
12
PRINCIPAL*
7
10 FLOORS 33-39
S UI TE WMSS-W 2 BED + DEN 764 sq.ft
8
15
11
3 5
1
7
FLOORS 33-39
12
2
15
8
6
1
10
Principal bedroom with ensuite bathroom
FEATURES
7
11
PRINCIPAL*
8
FLOORS 33-39
S UI TE WM S S - W 2 BED + DEN 764 sq.ft
5
2
11
9
1
2 3
10 9
PRINCIPAL*
12
SU I T E W M S S - W PRINCIPAL*
11
D + DEN q.ft
ITE
2 BED + DEN W M S764 S - sq.ft W
mirabellacondos.ca 416 961 8008 | info@mirabellacondos.ca
OCT. 23–NOV. 20, 2021
CONTENTS COVER STORY
26 FourMe at Markham & Ellesmere COMING SOON FROM LASH TO THE ME LIVING COMMUNITY 6 condolife magazine | Oct. 23–Nov. 20, 2021
22
42
40
DEPARTMENTS
24 Inside The GTA
8
32
Editor’s Note Condos’ time to shine
10
Contributors & Masthead
14
Condo Life Online
16
In the Spotlight Record high condo sales among GTA new home highlights; more news on pages 18, 19 and 20
Property profile 40 Artistry Condominiums An incredible milestone for Tribute Communities
42 LivGreen Condominiums Green condominium living from Ledgemark back for an encore in Stouffville
36 In Conversation With... Mark Cohen, TCS Marketing Systems
Maps & Amenity Charts
65 Advertisers Index Want more information? Just ask — and you could win a prize
COLUMNS
22
38
39 Condo Pro Why buying pre-construction is a wise choice
44 The Marketing Edge Supply chain crisis exacerbated by skilled labour shortage
66 Industry Report New BILD Awards categories celebrate diversity, inclusion and innovation
Why long-term data is essential to your real estate decisions Tools to help first-time homebuyers
31
Real Insight Opportunities for housing with the new liberal government
Stat Chat
30 Personal Finance
Home Realty Top 10 questions to ask when buying a condo for the first time
Neighbourhood Watch South Core
58
35
INTERIORS
45 Interiors Cover
Legally Speaking
46 Decor
How to deal with noisy neighbours
48 Trend Watch
34 Western View Majority favour Hamilton urban boundary expansion
50 Big Style 53
Home Finds
nexthome.ca 7
EDITOR’S NOTE
IT’S CONDOS’ TIME TO SHINE
WAYNE KARL EDITOR-IN-CHIEF Condo Life Magazine
EMAIL: wayne.karl@nexthome.ca TWITTER: @WayneKarl
+ get social 8 condolife magazine | Oct. 23–Nov. 20, 2021
Condos have long been a preferred housing choice for many, be it for lifestyle, affordability, proximity to city centres or other appeals. Now, there are even more reasons this home type makes a wise buying decision. But let’s come back to that. If you picked up this issue of Condo Life from one of our regular distribution channels, you likely also received a copy of our 2021 Builders’ Annual. (And if you didn’t get a copy, keep an eye out for the content on nexthome.ca). For the 2021 edition – the largest we’ve ever published – there’s a ton of features and columns that explore the many important issues you should learn about while planning your new home purchase. Indeed, research is paramount when making a decision of this magnitude – particularly with prices being what they are today – so the more you know, the better. Whether in the Annual – which includes insights from a roster of the bestof-the-best builders, developers and new home marketers – or in regular issues of Condo Life, our goal is to provide a breadth of information to help you make the most informed homebuying decision possible. Living in the GTA, we are blessed with a strong economy and a highly desirable and well performing housing market – and some of the best homebuilders anywhere to cater to the demand. But, even here, real estate has its challenges – namely low supply, which leads to high prices. It’s well documented, in fact, that affordability is a growing and serious issue, so much so that it was a central theme in the recent federal election. The Liberals made a number of promises for initiatives that might ease some of the challenges on the demand side of the equation, but some of the core issues relating to housing supply are provincial and municipal domain. And these won’t be resolved quickly. Now that we seem to have COVID under control and restrictions are lifting, immigration is inching back up. This all means housing demand and pricing will quite likely continue to trend sharply upward in the next couple years at least. And this is where the appeal of condos comes in. Given all the challenges the GTA market is facing, multi-family housing – condos – is expected to remain a top homebuying category. This is condos’ time to shine.
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CONTRIBUTORS PERSONAL FINANCE | JESSE ABRAMS Jesse Abrams is Co-Founder at Homewise, a mortgage advisory and brokerage firm based in Toronto. thinkhomewise.com
CHIEF REVENUE OFFICER
Jacky Hill jacky.hill@nexthome.ca EXECUTIVE MEDIA CONSULTANT
Michael Rosset
EDITOR-IN-CHIEF – NATIONAL REAL ESTATE
HOME REALTY | DEBBIE COSIC Debbie Cosic is CEO and Founder of In2ition Realty. She has overseen the sale of more than $15 billion worth of real estate. With Debbie at its helm, In2ition has become one of the fastest-growing and most innovative new home and condo sales companies. in2ition.ca CONDO PRO | BARBARA LAWLOR Barbara Lawlor is President and CEO of Baker Real Estate Inc., and an in-demand columnist and speaker. A member of the Baker team since 1993, Barbara oversees the marketing and sale of condo developments in Canada and overseas. baker-re.com
Susan Legge susan.legge@nexthome.ca
EDITOR-IN-CHIEF – GREATER TORONTO AREA
Wayne Karl wayne.karl@nexthome.ca MANAGING EDITOR
Rise Levy rise.levy@nexthome.ca CONTRIBUTORS
Jesse Abrams, Mike Collins-Williams, Debbie Cosic, Kevin Crigger, Sara Duck, Bilha Kangethe, Barbara Lawlor, Linda Mazur, Ben Myers, Lisa Rogers, Jayson Schwarz, Jeanhy Shim, Dave Wilkes SENIOR VICE-PRESIDENT, SALES, NEXTHOME
Hope McLarnon 416.708.7987, hope.mclarnon@nexthome.ca DECOR | LINDA MAZUR Linda Mazur is an award-winning designer and Principal of Linda Mazur Design Group. With almost two decades of experience this in demand multi-disciplinary design firm is known for creating relaxed, stylish spaces and full-scale design builds throughout the GTA and Canada. lindamazurdesign.com @LindaMazurGroup
SENIOR MEDIA CONSULTANTS
Amanda Bell 416.830.2911, amanda.bell@nexthome.ca Natalie Chin 416.881.4288, natalie.chin@nexthome.ca VICE-PRESIDENT, SALES – DIGITAL MEDIA
Virginia Knott
VICE-PRESIDENT, MARKETING – GTA
REAL INSIGHT | KEVIN CRIGGER Kevin Crigger, TRREB President and realtor, is a long-standing and active member at the Toronto Regional Real Estate Board. He has served all levels of the real estate industry, as well as local charities and educational institutions
Leanne Speers
SENIOR CLIENT RELATIONS SPECIALIST – GTA
Sonia Presotto
MANAGER CUSTOMER SALES/SERVICE
Marilyn Watling
SALES & MARKETING CO-ORDINATORS
Gary Chilvers, Vi Nguyen STAT CHAT | BEN MYERS Ben Myers is President of Bullpen Consulting. Ben provides pricing recommendation, product mix, and valuation studies on new residential housing developments for builders, lenders and property owners. bullpenconsulting.ca
HOME SHOW MANAGER & NEWSPAPER CIRCULATION – GTA
Josh Rosset DISTRIBUTION
distributionteam@nexthome.ca ACCOUNTING INQUIRIES
accountingteam@nexthome.ca DIRECTOR OF PRINT MEDIA
Lauren Reid–Sachs BIG STYLE | LISA ROGERS Lisa Rogers is Executive Vice-President of Design for Dunpar Homes. Lisa has shared her style and design expertise on popular television programs such as Canadian Living TV, House & Home TV and The Shopping Channel. Lisa is also a regular guest expert on CityTV’s Cityline. dunparhomes.com.
VICE-PRESIDENT, PRODUCTION – GTA
Lisa Kelly
PRODUCTION MANAGER – GTA
Yvonne Poon
GRAPHIC DESIGNER & ASSISTANT MANAGER
Alicesa Pullan
GRAPHIC DESIGNER & PRE-PRESS COORDINATOR
Hannah Yarkony LEGALLY SPEAKING | JAYSON SCHWARZ Jayson Schwarz LLM is a Toronto real estate lawyer and partner in the law firm Schwarz Law Partners LLP. He can be reached by visiting schwarzlaw.ca or by email at info@schwarzlaw.ca or phone at 416.486.2040.
BILD REPORT | DAVE WILKES Dave Wilkes is President and CEO of the Building Industry and Land Development Association (BILD), the voice of the home building, land development and professional renovation industry in the GTA. For the latest industry news and new home data, follow BILD on Twitter at @bildgta or visit bildgta.ca
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10 condolife magazine | Oct. 23–Nov. 20, 2021
GRAPHIC DESIGNERS
Johannah Lorenzo, Mike Terentiev
Published by
nexthome.ca Advertising Call 1.866.532.2588 ext. 1 for rates and information. Fax: 1.888.861.5038 Circulation Highly targeted, free distribution network aimed at real estate buyers using street level boxes, racking and Toronto Star in-home delivery. Canadian subscriptions 1 year = 13 issues – $70 (inc. HST). Canada Post – Canadian Publications Mail Sales Product Agreement 40065416. Copyright 2021 All rights reserved. All copyright and other intellectual property rights in the contents hereof are the property of NextHome, and not that of the individual client. The customer has purchased the right of reproduction in NextHome and does not have the right to reproduce the ad or photo in any other place or publication without the previous written consent of NextHome. Terms Advertisers, Editorial content are not responsible for typographical errors, mistakes or misprints. All prices are correct as of press time. Editorial Submissions from interested parties will be considered. Please submit to the editor at editorial@nexthome.ca.
A NEW VISION OF LUXURY LIVING STUNNING NEW RELEASE OF SUITE DESIGNS FROM THE UPPER $500s New exciting release! Oro at Edge Towers has just released a limited collection of stunning new suite designs by renowned Architect Roy Varacalli. A new vision of ultra-luxe living in One bedroom, One plus den, and Two bedroom suites, with grand interiors and luxury finishes, beginning in the upper $500s. Plus, our limited Penthouse Collection has few exclusive suites remaining from $1.4m. Located in the heart of Mississauga’s City Centre, and just steps from Square One, Oro is the only new downtown condo community that is right on the new LRT line.
R E G I S T E R T O DAY 905-804-0592 |
W W W. S O L M A R . C A
ASK ABOUT OUR BRAND NEW DEPOSIT STRUCTURE! Broker’s protected. Exclusive listing of Davie Real Estate Inc. All prices and specifications subject to change. E. & O.E. 2021
COMING SOON to Main St. Stouffville
ANOTHER ECO-FRIENDLY, NET-ZERO CONDOMINIUM
Low Condo Fees • Low Utility Costs • State-of-the-Art Technologies • Exquisite Finishes
N
Rendering is artist’s concept. Prices and specifications subject to change without notice. E. & O. E.
TENTH LINE
NINTH LINE
HOOVER PARK DR.
WELDON RD.
HWY 48
MAIN ST.
YORK DURHAM LINE
BLOOMINGTON RD.
LivGreen™ saves you money. LivGreen™ Condo Fees:
Typical Condo Fees:
Savings:
0.25/sq. ft. 1,000 sq. ft. = $250/mth
0.50/sq. ft. 1,000 sq. ft. = $500/mth
$250/mth
LivGreen™ Condo Utilities:
Typical Condo Utilities:
Savings:
1,000 sq. ft. condo Hydro = $70/mth.* Water = $45/mth.* Total = $115/mth.*
1,000 sq. ft. condo Hydro/Gas = $245/mth.* Water = $45/mth.* Total = $290/mth.*
$175/mth*
Let’s take a look at the savings with LivGreen specifically. Your LivGreen condo fees save you approximately $250.00 a month. Now multiply that by 12 months a year and you have $3,000.00 of savings per year.
*Total Monthly Savings: $425/mth*
Combine that with savings of $2,100.00 in utilities per year, and LivGreen is truly a decision that makes dollars and cents as well as ecological sense.
*Based on 2 person occupancy average use.
$5,100.00 IN SAVINGS PER YEAR
670 sq.ft. from $469,900 Liv in the moment. Liv now. Liv Green.
LivGreen2.ca
Catch up between issues at
nexthome.ca & enjoy these popular stories
Q&A
In Conversation With... Jeanhy Shim, condominium industry entrepreneur The GTA development industry has so many interesting people doing great things. One of them is Jeanhy Shim. NEW CONDOMINIUM
Gemma – a new gemstone graces Pinnacle Uptown in Mississauga Following the success of the two Perla Towers, Pinnacle International introduces the latest addition to Pinnacle Uptown, Pinnacle’s grand master-planned community in Mississauga – Gemma, a striking 35-storey tower at Hurontario and Eglinton.
HOUSING MARKET
2021 set to be record year for real estate in Canada – CREA The market challenges brought on by COVID-19 should eventually subside and other challenges remain, but 2021 is shaping up to be a record year for Canadian real estate.
INSIGHT
Will there be a mass influx of people coming to Toronto? At one point during the pandemic, some were predicting a mass exodus from Toronto, as people sought more space and easier, safer living. Now, it appears the opposite could be true.
COMMUNITY DEVELOPMENT
Hamilton – high tech city of the future Hamilton may be best known as a steel city – a moniker it may never shake, given the industry is still alive and well there. But here’s a more modern nickname for you – tech town.
Visit or check us out on 14 condolife magazine | Oct. 23–Nov. 20, 2021
@condolifemag
nexthome.ca CondoLifeMagazine
@condolifemagazine
IN THE SPOTLIGHT
RECORD HIGH CONDO SALES AMONG GTA NEW HOME HIGHLIGHTS FOR AUGUST The GTA new home market saw a record number of condominium unit sales in August, according to the Building Industry and Land Development Association (BILD). Condominiums, including units in low-, medium and highrise buildings, stacked townhouses and loft units, accounted for 3,162 units sold in August, according to Altus Group, BILD’s official source for new home market intelligence. It was the highest number of condominium apartments sold in August on record – up 35 per cent from last August’s robust condo sales, and 129 per cent above the 10year average. Sales of single-family homes, including detached, linked, and semidetached houses and townhouses (excluding stacked townhouses), accounted for 605 units sold in August, 15 per cent below the 10-year average. “Buyers flocked to the new condominium apartment market in record numbers in August as builders pumped in unprecedented levels of new supply,” says Edward Jegg, analytics team leader at Altus Analytics, Altus Group. “But in the new single-family sector, supply shortages continued to weigh on sales.”
compared to the previous month, to $1.07 million, which was still up 10 per cent over the last 12 months. “August’s benchmark prices underline the fact that increased housing supply is an important factor in stabilizing housing prices,” says Dave Wilkes, BILD president and CEO. “It’s time to move from words to action and address our region’s housing supply problem by reducing approval times, designating land for growth, building infrastructure to support development and ensuring taxes on new development are transparent, equitable and invested as intended to support growth.”
Remaining inventory for condominium apartments increased compared to the previous month, to 9,967 units. Remaining inventory for single-family homes decreased compared to the previous month, to 1,354 units. Remaining inventory includes units in pre-construction projects, in projects currently under construction, and in completed buildings. The benchmark price for new single-family homes reached a record high of $1.52 million in August, which was up 30.1 per cent over the last 12 months. The benchmark price for new condominium units eased in August
AUGUST NEW HOME SALES BY MUNICIPALITY CONDOMINIUM UNITS
52pick-up.com
SINGLE-FAMILY HOMES
TOTAL
REGION
2021
2020
2019
2021
2020
2019
2021
2020
2019
DURHAM
281
160
22
215
717
105
496
877
127
HALTON
299
481
73
121
314
55
420
795
128
PEEL
1,037
177
104
65
239
136
1,102
416
240
TORONTO
904
1,168
710
11
18
16
915
1,186
726
YORK
641
363
94
193
568
119
834
931
213
GTA
3,162
2,349
1,003
605
1,856
431
3,767
4,205
1,434
SOURCE: ALTUS GROUP
16 condolife magazine | Oct. 23–Nov. 20, 2021
IN THE SPOTLIGHT
TIGHT CONDITIONS SUSTAIN STRONG PRICE GROWTH IN GTA RESALE MARKET Most housing types in the GTA resale market are still seeing strong double-digit price growth caused by extremely tight conditions, the Toronto Regional Real Estate Board reports. The September transition from the slower summer period to the busier fall market generally delivers an uptick in sales, average selling price and listings after Labour Day, and September 2021 was no different. Sales increased relative to August and were also at the third-highest mark on record for the month of September. The average selling price was up both month-over-month and year-over-year. GTA realtors reported 9,046 sales through TRREB’s MLS System in September – up in line with the regular seasonal trend from August. Compared to last year, market conditions tightened noticeably, with sales representing a substantially higher share of listings, and a significantly lower number of new listings across the board. Resurgence in the condo market was a factor in the higher share of listings sold. The total number of sales was down 18 per cent from 2020’s record September result, in large part due to the lower number of new listings, which were down 34 per cent from the same time last year. “Demand has remained incredibly robust throughout September, with
many qualified buyers who would buy a home tomorrow provided they could find a suitable property,” says Kevin Crigger, TRREB president. “With new listings in September down by one third compared to last year, purchasing a home for many is easier said than done. The lack of housing supply and choice has reached a critical juncture. Bandaid policies to artificially suppress demand have not been effective. This is not an issue that can be solved by one level of government alone. There needs to be collaboration federally, provincially, and locally on a solution.” The MLS Home Price Index Composite Benchmark was up by 19.1 per cent year-over-year in September 2021. The average selling price for all home types combined was up 18.3 per cent year-over-year to $1.13 million. “Price growth in September continued to be driven by the
lowrise market segments, including detached and semi-detached houses and townhouses. However, competition between buyers for condo apartments has picked up markedly over the past year, which has led to an acceleration in price growth over the past few months as first-time buyers re-entered the ownership market. Look for this trend to continue,” says Jason Mercer, TRREB chief market analyst. “Housing was a key issue in last month’s federal election,” adds John DiMichele, TRREB CEO. “Ontario provincial and municipal elections are on the horizon in 2022. Much of the heavy lifting required to bring more housing online, from a policy perspective, happens at the provincial and local levels. These levels of government need to be on the same page. This should be an important topic for debate during the upcoming elections.”
GTA RESALE AVERAGE PRICES, SEPTEMBER 2021 (YR/YR % CHANGE)
The One Stop Shop for Builder Storytelling
Detached Semi-detached Townhome
mcouatpartnership.com
Condo
416
905
Total
$1.70M (15.0)
$1.33M (28.8)
$1.40M (25.0)
$1.28M (9.7)
$933,255 (22.3)
$1.05M (17.5)
$925,287 (10.3)
$845,340 (21.3)
$862,959 (18.7)
$706,240 (3.0)
$599,469 (13.2)
$672,583 (5.5) SOURCE: TRREB
IN THE SPOTLIGHT
2021 BILD AWARDS CELEBRATE HOMEBUILDING EXCELLENCE IN THE GTA The Building Industry and Land Development Association (BILD) recognized excellence in the design, construction, marketing and sales of new homes in the GTA at its 2021 BILD Awards on Oct. 7. This year, BILD presented 49 awards in the categories of marketing, architecture, people and sales, and in the prestigious Pinnacle category. A group of 52 expert judges from across North America and Europe determined the winners from 1,000 submitted entries. “The BILD Awards are one of our industry’s most highly anticipated events and never more so than this year, as we mark BILD’s 100th anniversary and celebrate the history and the achievements of our Association and the building industry in the GTA,” says Dave Wilkes, BILD president and CEO. “The projects selected this year as BILD Awards finalists and winners display the quality, creativity and innovation that have characterized our industry’s contributions over the decades as we build homes and workspaces for the residents of the region.” OPUS Homes was named Home Builder of the Year, Lowrise, while Great Gulf Homes received the title of Home Builder of the Year, Mid/ Highrise. The category recognizes builders who set the standard for the rest of the industry through their professionalism and dedication to excellence. A key component of the judging process is a customer satisfaction survey, which ensures that the end-user’s experience is factored into the award criteria. Tridel took home the title of Green Builder of the Year, Mid/ Highrise while Minto Communities was named Green Builder of the Year, Lowrise. This is the 10th time since 2010 that Tridel has earned a Green Builder of the Year Award, and the third time in that period for Minto Communities.
Jacky Hill, chief revenue officer for Condo Life parent company, NextHome, presents the People’s Choice Award to CityPointe Commons in Brampton, by DECO Homes, OPUS Homes, Poetry Living, HBNG Holborn Group and TACC Developments.
Canary District, a project under development in Toronto’s West Don Lands, won in the category of Best New Community, Planned/Under Development. Canary District is a joint project by BILD members Dream Asset Management Corp. and Kilmer Group. West Shore Beach Club, a new community of fully detached homes on Lake Couchiching, built by Summerhill Homes, received the award for Best New Community, Built. The award for Project of the Year, Mid/Highrise, went to Junction Point, by Gairloch Developments, while the award for Project of the Year, Lowrise, went to The Enclave, by StateView Homes. Every year, BILD invites GTA residents to help choose the recipient of the People’s Choice Award from among the Project of the Year finalists. This year, the People’s Choice Award went to CityPointe
Commons in Brampton, by DECO Homes, OPUS Homes, Poetry Living, HBNG Holborn Group and TACC Developments. The award was presented by Jacky Hill, chief revenue officer for Condo Life parent company, NextHome. For a complete list of BILD Awards winners, visit bildawards.com.
nexthome.ca 19
IN THE SPOTLIGHT
GTA RESALE CONDO MARKET ROARS BACK TO LIFE Staggering gains in detached housing values have sent condominium sales in major Canadian centres soaring throughout the first eight months of 2021, with the GTA among the hottest markets, according to a report released by ReMax Canada. The RE/MAX Canada 2021 Condominium Report, which examines trends and developments in five major Canadian centres and more than 100 sub-markets, found that buyers turned to condominiums in 2021, as freehold housing values escalated beyond their reach. The strongest gains in sales were made in the west, where Greater Vancouver and Calgary saw condominium sales rise 87 and 83 per cent respectively between Jan. 1 and August 31 of 2021, compared to the same period in 2020, which experienced a notable downturn in condo sales. The GTA led the east in terms of percentage increases in condo sales at 71 per cent, followed by Halifax-Dartmouth at 36 per cent and Ottawa at 29 per cent. The greatest upswing in pricing occurred in the east, with both Halifax-Dartmouth and Ottawa posting double-digit price gains of 30 per cent and 18, per cent respectively. The GTA saw more moderate appreciation at seven per cent, while Vancouver prices rose 6.7 per cent and Calgary three per cent.
“Affordability, coupled with availability, set the stage for the exceptional rebound in condominium sales across the country in 2021,” says Christopher Alexander, senior vice-president, ReMax Canada. “Double-digit acceleration in detached housing values revived slumping condominium sales early in the year, with demand shifting into high gear as supply dwindled and prices accelerated. Younger buyers have been behind the push for condominiums to date, with most looking to lock in low interest rates and buy before prices climb beyond their means.” GREATER TORONTO AREA
After bearing the brunt of the impact of the pandemic on the GTA housing market, condominium sales and prices have roared back to life in both the city and suburbs in 2021. Yearto-date sales of condominium units and townhomes (Jan. 1 to Aug. 31) have climbed 71 per cent year-over year, to 30,383 units in the GTA, up from 17,760 during the same period in 2020. Average price has experienced a modest increase, with values for condos and townhomes rising seven per cent to $688,138 year-over-year. 20 condolife magazine | Oct. 23–Nov. 20, 2021
Affordability has been a major driver in this segment, with condos and townhomes in the 905 experiencing a notable upswing in activity. The strongest sales activity was reported in York Region and Peel in 2021, where sales rose 121.8 per cent and 66.3 per cent, respectively. Buyers, many from the 416, have been behind the push for condominium product in areas north, east and west of Toronto. Sales in the centre of the city have also climbed, as purchasers return to the core, rising 81.3 per cent in the first eight months of 2021 to 11,518, up from just 6,354 units during the same period one year earlier. The city’s east and west ends have also reported solid growth, with sales of condominiums up 63.5 per cent and 46.2 per cent, respectively. Condominiums now represent 34.5 per cent of total residential sales logged by the Toronto Regional Real Estate Board, up from 30.8 per cent a year ago. Share of market is expected to climb for condominiums in the next six to 12 months, as values for single-detached homes – which are up 25 per cent to date – make condominium ownership the next best option, ReMax says.
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LONG-TERM DATA WHY IT’S ESSENTIAL TO YOUR REAL ESTATE DECISIONS
Ben mYeRS The real estate market in the GTA has had a tumultuous two years due to the pandemic. For the average newhome buyer or first-time investor, every data source seems to be telling a different story. Many new condo investors, used to seeing Toronto rents skyrocket every year (the average rent for a condo unit in the GTA was as high as $2,500 per month in the third quarter of 2019), experienced a rough 2020. Average rents declined 20 per cent to a low of $1,990 in the first quarter of 2021, according to data from rentals.ca. However, the market appears to be on the long road to recovery, as it has posted increases in the last two quarters. In Q3-2021, the average rent for condo apartments increased by four per cent quarterly to $2,120 per month. The decline in rents didn’t stop investors from buying new condos last year, and the recent improvements have continued to fuel demand. According to Altus Group, GTA new condo sales in August were the highest number of units sold in
22 condolife magazine | Oct. 23–Nov. 20, 2021
August on record – up 35 per cent from August 2020, finishing 129 per cent above the 10-year average. New condo prices are up 10 per cent year-over-year – this is particularly shocking given how fast units are shrinking. In a recent presentation to the Association of Ontario Land Economists, new home industry marketing expert Andrew Brethour noted that inflation on building products is pushing up pricing, while also noting that there are only 3.7 months of new home supply, and 12 months is a balanced market. Tight supply is another factor driving up highrise condo pricing. Brethour warns that given the high inflation in the economy, interest rate hikes could come sooner than expected, and this could stem some of the demand we’re seeing currently. New condo prices are increasing at a slightly slower pace than resale, which increased by 13 per cent in September, according to the Toronto Regional Real Estate Board (TRREB). The pace of growth is particularly impressive, given the high number of new condo completions in the Toronto CMA this year, with 17,500 from January to August, per data from Canada Mortgage and Housing Corp. This figure is slightly less than the entire 12-month total in 2020, and higher than the annual totals in 2016, 2017, 2018 and 2019. To summarize, more supply is being completed and new and resale prices are still growing. Brethour notes that demand could pick up even more when immigration increases; stats show there were just 61,055 international immigrants to Toronto in 2020 (-48 per cent annually), when the rate was almost double that in 2019. With more than 50,000
immigrants in the first half of 2021, the expectation is the Toronto CMA will bring in more than 300,000 new immigrants over the next three years – getting back to the pre-COVID levels very quickly. Lastly, Brethour points to a Scotiabank study that shows Canada is one of the worst countries in the G7 for building new housing, and our newly re-elected Liberal government wants to increase immigration nationally to more than 400,000 a year. Even casual readers can understand what that means for house prices. If you didn’t buy early on during the pandemic, you missed out on the few deals that were out there. Demand looks to remain very strong, with increased immigration offsetting a potential rate hike. Supply still isn’t keeping pace with demand, and despite a pick-up in unit and building occupancies in 2021, prices continue to rise at double-digit annual rates. I’m not trying to scare anyone into buying, but if you’re waiting on the big crash, you might be waiting a while – the imbalance between supply and demand is not a shortterm phenomenon. Do your own research, and read both sides of the story from both the bears and the bulls. Good luck. Ben Myers is President of Bullpen Consulting, a boutique residential real estate advisory firm specializing in condominium and rental apartment market studies, forecasts and valuations for developers, lenders and land owners. bullpenconsulting.ca Twitter@benmyers29
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#InsidetheGTA by SUSAN LEGGE
GTA
CONCORD SKY
CONCORD ADEX has announced its latest acquisition, Concord Sky, formerly a project belonging to YSL Development. Concord Sky will be the country’s second tallest residential tower higher than 980 ft., and the fourth tallest structure overall. Centrally located at Yonge and Gerrard streets, it will be home to approximately 1,100 homes and is scheduled to be completed in 2026. Concord Adex says it will be upgrading the original specifications to better suit a development of this stature and its future residents. concordsky.ca
One Delisle penthouses include an NFT commission The recent preview of a collection of penthouses at One Delisle was also an opportunity to experience Toronto’s first non-fungible token (NFT) commission by a real estate developer. An NFT is a digital token that allows for transparency when buying and selling unique items such as drawings, songs or animated GIFs using blockchain technology. Each purchaser of a penthouse residence at the Slate Asset 24 condolife magazine | Oct. 23–Nov. 20, 2021
Management project will become the sole owner of a digital piece of artwork by Petra Cortright, an LAbased artist. Located in Toronto’s midtown neighbourhood, One Delisle is the first project in Canada designed by worldrenowned architect Jeanne Gang and her firm, Studio Gang. Each distinct penthouse spans one-third or one-half of the 16-sided building. onedelisle.com
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DID YOU KNOW?
A Urban Land Institute and PwC report says that more investors are growing concerned about extreme weather and will factor in climate risk when deciding where to invest in real estate.
Toronto named one of the world’s 5 safest cities post-pandemic
Mississauga’s Brightwater breaks ground Mississauga Mayor Bonnie Crombie, along with local dignitaries including MP Rudy Cuzzetto, MPP Sven Spengemann, Councillor Dasko and members of the community, joined the Port Credit West Village Partners (PCWVP) at the Brightwater site in Port Credit to officially celebrate the start of construction earlier this month. The 72-acre master-planned Brightwater community is developed by a consortium that includes Kilmer Group, Diamond Corp., Dream
Unlimited, and FRAM + Slokker, operating as the Port Credit West Village Partners (PCWVP). Brightwater will bring nearly 3,000 new residences to Port Credit along with 300,000 sq. ft. of commercial, restaurant, retail, and office space. There are 18-acres of new parks and greenspaces planned, including a new nine-plus acre waterfront park, trails, pedestrian mews and plazas, plus a village square for gatherings and events. experiencebrightwater.ca
PHOTO CREDIT: ERA ARCHITECTS
New Passive House one of the largest in North America CityHousing Hamilton, Hamilton Mayor Fred Eisenberger, local City officials and ERA Architects recently hosted a ribbon-cutting ceremony celebrating the completed retrofit of the 18-storey Ken Soble Tower. The transformation of this post-war, affordable seniors housing tower into a barrier-free, healthy and resilient landmark is set to become one of the largest Passive House retrofits in North America, serving as a model for how cities can tackle climate change goals while maintaining much-needed affordability.
Toronto ranked near the top of the 2021 Safe Cities Index compiled by The Economist Intelligence Unit. Based on more than six dozen safety indicators that included health, infrastructure, digital use, personal security and environmental factors, Toronto ranked second after Copenhagen. Singapore, Sydney and Tokyo rounded out the top five. safecities.economist.com
Riocan Living to release Verge Phase 2 Located at the southwest corner of Islington Avenue and The Queensway, Verge by RioCan Living, will soon be releasing Phase 2 of the project following the successful sales launch of its first phase. The new mixed-use condominium community reimagines this retail site with the creation of 544 new residences split between two buildings. This latest release encompasses the 17-storey tower at the corner of the property, delivering 341 units and new amenities, including an expansive terrace on the ninth floor with views of Lake Ontario. vergecondos.com
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COVER STORY
All renderings are artist’s concept
THE NEWEST EXPRESSION OF URBAN LIVING COMING SOON TO THE ME LIVING COMMUNITY The Lash Group of Companies is pleased to introduce the newest offering at Scarborough’s acclaimed Markham and Ellesmere address, and the latest condominium coming soon to the ME Living community. Now, homebuyers will experience the perfect balance of family life and contemporary conveniences from a most central location that puts everything they need within reach. In one of Scarborough’s most prized locales, find a truly unique opportunity to live surrounded by everything that’s important. From shopping and dining to parklands and greenspaces, top-rated schools such as U of T Scarborough and Centennial College, unrivaled access to convenient transit options, and highways that connect with the GTA’s best destinations, this is an invitation to a new kind of urban lifestyle. And all of this is FOURME. 26 condolife magazine | Oct. 23–Nov. 20, 2021
Following the incredible success of ME Living’s three previous offerings, FOURME has been carefully created with a focus on family. It’s designed to be the starting point for your next great adventure together, and remain the perfect place to end a day well-spent. Step into a varied array of indoor and outdoor amenity spaces within the FOURME condominium itself, and access the many community leisure areas weaved throughout the entirety of ME Living. Better still, step out to a world of wonderment and experience the very best of Scarborough or beyond, with a direct connection to the city’s fastest transportation services and highways. From this prime location, FOURME puts the whole of Markham and Ellesmere at your disposal. Stroll along a seemingly endless boulevard of vibrant restaurants or scratch your
retail itch with charming shops and essential retailers so close to home. Take in a movie at the theatre or pamper yourself at any number of Zen-like spas that surround you. Of course, all this and more is surrounded by a network of refreshing greenspaces and nature trails just waiting to be explored. Reach a little further and you’ll find southern Ontario’s best day-trip destinations close at hand. Take in the surreal sights within Rouge National Park, explore a colourful menagerie at the world-renowned Toronto Zoo or even hit the links at one of Canada’s top public golf
courses, Copper Creek Golf Club. With all these incredible experiences this close to home, you’ll never be left wanting at FOURME. Moreover, as a resident here, you’ll enjoy access to innovative amenity spaces that are designed to enhance every aspect of your life. Take advantage of comprehensive indoor/outdoor fitness facilities, reach serenity with a dedicated yoga studio, work smarter with efficient private and group workspaces, lounge on two sizable outdoor terraces, lace up your skates on the community ice rink, and so much more, all from FOURME.
And after everything, return home to innovative suites that seamlessly blend family living with chic designs in Scarborough’s most complete master-planned community. Openconcept layouts with upscale features and finishes create family spaces of elegance and ease, while designer appliance packages, luxury vinyl floors, refined bedrooms and more combine to raise your standards of excellence. It’s all here. It’s all waiting. It’s all FOURME. Coming soon to Markham and Ellesmere Register now at fourmecondos.com
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ADVICE | PERSONAL FINANCE
FIRST-TIME ASSISTANCE WHAT TOOLS ARE AVAILABLE TO HELP YOU PURCHASE YOUR FIRST HOME? having a co-signer could increase your home affordability and chances of mortgage approval.
JESSE ABRAMS
Many Canadians set the goal of buying a home. However, the process isn’t always easy to do on your own, especially the first time around. From making a down payment and getting approved for a mortgage to keeping up with rising prices, it’s common for first-time buyers to get discouraged. Fortunately, there are a number of tools available to help you reach the goal of homeownership. DETERMINE AFFORDABILITY WITH PRE-APPROVAL
I can’t tell you how many potential homebuyers come to us at Homewise and discover they can afford a lot more than they expected. Getting pre-approved helps you gain a broader view of your current financial situation and affordability, as well as the potential monthly fees that come with a mortgage. HELP FROM A CO-SIGNER
Sometimes, first-time buyers are unable to make a home purchase because their credit score needs improving or their monthly income isn’t sufficient. Applying with a cosigner is a great solution to these common roadblocks. A co-signer is someone who applies for a mortgage with you, legally agrees to take liability on the loan and is responsible to pay off the debt if you’re unable to make payments. If you currently have too much debt or not enough income to afford a particular home, 30 condolife magazine | Oct. 23–Nov. 20, 2021
GIFTED DOWN PAYMENT
Roughly 30 per cent of Canadian homebuyers get help from a parent or family member when making a down payment – most commonly in the form of a gift. This is considered to be a portion of money that is given to the buyer by a parent or family member to use toward their down payment. You are then required to provide your lender a gift letter that explains who your family member is, the amount they are giving you and an explanation that the money is being used for your home purchase and doesn’t need to be repaid. GOVERNMENT INCENTIVES
Over the years, the Canadian government has introduced many great programs and incentives for firsttime buyers. These include: 1. The Home Buyers’ Plan (HBP) The HBP allows first-time homebuyers to withdraw up to $35,000 tax-free from their Registered Retirement Savings Plans (RRSPs) to buy or build a qualifying home. It gives you the chance to tap into additional funds to pay your required down payment and re-contribute this money back into your RRSP within a 15-year period. If you’re buying a home with someone who also qualifies for the HBP, the two of you will be eligible to double the maximum amount to $70,000 when you apply together. 2. Land Transfer Tax Rebate As a homebuyer, you’ll need to pay for land transfer taxes when you buy a home along with other
essential closing costs. Fortunately, for first-time buyers, there’s a LandTransfer Tax Rebate to offset this additional cost. 3. First-Time Home Buyer Incentive This incentive serves as a great tool for first-time buyers to reach their homeownership goals. It is a shared equity program that offers first-time buyers five per cent on the purchase price of resale properties and 10 per cent on the purchase price of new builds to put toward a down payment. Essentially, the government makes a shared investment in your home and participates in the transaction with you, which is why the amount is registered as a second mortgage on the property. Buyers are then required to pay the money back interest-free to Canada Mortgage and Housing Corp. within 25 years of purchase or once the property is sold. Buying a home can be a simple and stress-free process. There are plenty of tools available that you can use to make the process easier and more affordable. As well, it’s always a good idea to seek help from an expert mortgage advisor, such as our team at Homewise, so you can receive the guidance needed to find the best mortgage and make the right home purchase.
Jesse Abrams is Co-Founder at Homewise, a mortgage advisory and brokerage firm based in Toronto. thinkhomewise.com
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ADVICE | LEGALLY SPEAKING
HOW TO DEAL WITH…
NOISY NEIGHBOURS JAYSON SCHWARZ, LLM
As a real estate lawyer, I receive more communication about one topic more than any other – noisy neighbours. Every few days, I get an email from someone complaining that the person next to, above or close to them is interfering with the quiet enjoyment of their home. What can they do to stop it? Depending on the situation, there are a number of different approaches, but the basics are the same. Generally, people and pets are allowed to make reasonable noise during reasonable hours of the day. Check your local “quiet hours” by calling City Hall or checking online. There are usually city ordinances or bylaws that prohibit excessive, unnecessary and unreasonable levels of noise. If your neighbours or tenants are making noise outside these bylaws, police can be called. For noise outside of these quiet hours, if you are in a rental situation, you can make an application to your local Landlord and Tenant Board. In order to do so, the noise must be deemed unreasonable. If you live in a condo, you would reach out to the condominium corporation and the management company; in a freehold home, the city bylaw enforcement office or the police. What does this mean? This interpretation should apply even if an owner is in a situation where the neighbour is right next to you or nearby.
Generally, take into consideration the level and frequency of the noise, and whether steps can be taken to reduce it. Another factor will be demonstrating how and to what degree the excessive noise impacts you. The key point is that, be it in a highrise, semi, townhome or even freehold, you have to prove that there is a disturbance occurring, if you want to take up the issue with the appropriate authority. How do you do that? Note the times and dates of the noise and make it as detailed as possible (an “Incident Report”). You can record the noise and have witnesses available to substantiate the situation, if necessary. You should report excessive noise to your landlord or condominium management company and board, bylaw officers, or police notified, as applicable. Remember, records of complaints are evidence. You should find out if other neighbours are impacted, to possibly bolster your case. In all probability, if the noise is too loud for you, other people in your building or on your street may be experiencing the same problems. There is an order of escalation you need to follow with respect to this kind of issue. The first step should be to talk to your noisy neighbour. This is often the simplest way, and sometimes all that is required; the resident may not even realize the amount of noise they are making. If that doesn’t work, complain to the appropriate authority. Provide a documented, chronological memorandum with backup (such as your Incident Report). It’s hard for people to shrug off evidence.
If that doesn’t work, take it formally to a) if a tenant – the Landlord and Tenant Board (note, only a Landlord can take noisy neighbours to the Landlord and Tenant Board. Tenants need to bring an application against the landlord if the landlord doesn’t take steps to stop the offending tenant); b) if in a condominium – to the Board, or as in c) to bylaw enforcement or the police. And if none of this helps resolve the situation? If it’s bad enough, consult a litigation lawyer to begin court proceedings. This should be your last resort, but it usually gets results. Noisy neighbours are a serious issue on the urban landscape. We can only hope that civility and a recognition that we are in this together, will ensure that good manners and respect for each other become important again, to eliminate such issues. Jayson Schwarz LL.M. is a Toronto real estate lawyer and partner in the law firm Schwarz Law Partners LLP. Visit online at schwarzlaw.ca or email info@schwarzlaw.ca with your questions, concerns, critiques and quandaries.
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NEIGHBOURHOOD WATCH
SOUTH CORE LIVELY, LAKEFRONT AND PRESTIGIOUS by WAYNE KARL
If a lively and active downtown lifestyle is what you’re after, Toronto’s South Core might be the perfect location for you. It might also help if you work in the nearby financial district, as residency in this prestigious neighbourhood has its price. So-called for its proximity to the downtown core but, obviously south… from the railway lands to Lake Ontario, and bounded on the west by Lower Simcoe Street and on the east by Lower Jarvis Street. Indeed, Toronto is blessed with a prized waterfront location, which is seeing billions of dollars in development, from public spaces to new residences to new commercial and retail opportunities. And the South Core is a prime example of this growth. Consider, for instance, the Southcore Financial Centre (SFC), a major mixed-use, sustainable complex. Designed to exceed the expectations of today’s globally connected businesses and sophisticated urban travelers, SFC comprises two striking LEED Gold certified office towers totalling 1.4 million sq. ft. and The Delta Toronto – a premium four-star, 560-room, next generation hotel. Or One York Street by Menkes Developments, a 35-floor, 800,000-sq.-ft. Class AAA building at York and Harbour targeting LEED Platinum certification. The sustainability and connectivity of these projects typify the redevelopment underway in the South Core. Both buildings boast direct and enclosed access to the PATH to Union Station for TTC, GO Transit the UP Express and
32 condolife magazine | Oct. 23–Nov. 20, 2021
more, and beyond through Toronto’s underground network. Within easy walking distance are landmarks such as Scotiabank Arena, the Rogers Centre, Ripley’s Aquarium of Canada, world class restaurants and the city’s Entertainment and Theatre districts. Then there’s Maple Leaf Square, a multi-use complex and public square next to Scotiabank Arena, with a large video screen for live outdoor public broadcasts of Leaf and Raptors games, and home to Real Sports Bar & Grill, one of North America’s largest sports bars. New condominiums have sprouted along with the office towers. Among the most notable is the massive, master-planned project – Pinnacle One Yonge from Pinnacle International. The first phase of Pinnacle One Yonge involves The Prestige, a 65-storey residential tower with 497 condominium units, a community centre and extensive retail space. Phases 2 and 3 will add SkyTower, a 95-storey tower (where only a few suites remain), and then an 80-storey tower. Phase 4 will develop the south parcel of the land, introducing an additional three buildings, including a 12-storey addition to the existing Toronto Star building onsite. With links to public transit, widened sidewalks and improved pedestrian and cyclist access, Pinnacle One Yonge will reshape the area forever. Now that the west and central portions of the waterfront are well along in development, condo growth is spreading east. Menkes has Sugar Wharf Condominiums at Sugar Beach, and Tridel has Aqualuna at Bayside, at Merchants Wharf and Queens Quay East.
+ LOCATION, LOCATION, LOCATION South from the railway lands to Lake Ontario, bounded on the west by Lower Simcoe Street and on the east by Lower Jarvis Street KEY LANDMARKS • Harbourfront • Maple Leaf Square • Queen’s Quay Terminal • Redpath Sugar Refinery • Scotiabank Arena • Southcore Financial Centre • The Power Plant Art Gallery SELECT CONDO DEVELOPMENTS Aqualuna at Bayside By Tridel tridel.com Harbour Plaza South Core Financial District, Toronto By Menkes Developments menkes.com Pinnacle One Yonge By Pinnacle International pinnacleoneyonge.ca Sugar Wharf Toronto Waterfront By Menkes Developments menkes.com Ten York By Tridel tridel.com The Prestige at Pinnacle One Yonge By Pinnacle International pinnacleoneyonge.ca
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ADVICE | WESTERN VIEW
NANOS RESEARCH SHOWS MAJORITY FAVOUR HAMILTON URBAN BOUNDARY EXPANSION
MIKE COLLINS-WILLIAMS
A new scientific survey conducted by one of the top professional research firms in Canada, Nanos Research, found that Hamilton residents prefer balanced growth that comes with a small urban boundary expansion. The Nanos poll of 700 randomly selected residents, found that 38 per cent of respondents want the city of Hamilton to expand the urban boundary, while 32 per cent prefer to keep it the same. One of the most concerning finds of the Nanos survey is that only one in five respondents even recalled receiving the survey on urban boundary expansion and intensification the City of Hamilton mailed out earlier this summer. “The fact that only 20 per cent of Hamilton residents even recall receiving an official survey from the City of Hamilton on how the city could grow suggests that the other study is not representative of the views of residents,” says Nik Nanos, chief data scientist of Nanos Research. In fact, 87.9 per cent of the younger residents (ages 18 to 34) – who were twice as likely to prefer expanding the urban boundary (51 per cent) compared to older residents of Hamilton who are 55 and older (26 per cent) – do not remember receiving it at all. The Nanos Research found that although 45 per cent of participants rated Hamilton as a very good place to live and raise a family, 43 per cent rated their city “very poor” as a place where one can
34 condolife magazine | Oct. 23–Nov. 20, 2021
afford to buy a home. More than three in four residents (76 per cent) say they would consider moving out of Hamilton and to a nearby community if their preferred type of housing was not available for the price they could afford. Since 2015, Hamilton has been losing some of its younger residents to neighbouring communities due to increasing costs of housing in the city. This exodus of young talent and families represents a multi-million-dollar loss of annual municipal tax revenue that could eventually result in a decline in economic activity and growth. Today, over eight in 10 residents say they are concerned (66 per cent) or somewhat concerned (16 per cent) about the cost of housing in Hamilton. In order to tackle the skyrocketing housing prices and address the rapid population growth, Hamilton needs balanced growth solutions that include growing upward with taller buildings around transit and central arteries, inward with denser infill housing in existing neighbourhoods and, outward with new complete communities built on existing and new greenfield sites at the edges
of the city. A growing city requires more diversity in housing options and housing choices – no less. The provincial government has a strong focus on ensuring municipalities in the Greater Toronto and Hamilton Areas build enough new housing to respond to a growing population and that the new housing built is based on demographic and market demand. It is critical that the City of Hamilton make realistic and achievable plans to respond to population growth and to provide stability through new housing supply of all types to future renters and owners. Hamilton can balance our new growth to meet the needs of our community and aim to ensure residents can find housing that suits their needs, no matter their stage of life. Mike Collins-Williams, RPP, MCIP, is CEO West End Home Builders’ Association. westendhba.ca.
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advIce | home realty
TOP 10 QUESTIONS TO ASK WHEN BUYING A NEW CONDO FOR THE FIRST TIME
DEbbIE COSIC
Whether you are a first-time homebuyer or a seasoned homeowner, buying a condominium suite for the first time will be a new experience. Go into it knowing everything you need to know to make the best decision. Here are some questions you’ll want to ask: 1. What am I buyIng?
This may sound simplistic, but it is important to understand what “condominium” means and how it differs from lowrise. In a condo, you own your suite and an interest in the common elements of the building. 2. What Is a recIssIon perIod?
Once you sign your Agreement of Purchase and Sale, you have 10 days to have this document reviewed by a lawyer prior to it being a firm deal – meaning final. 3. What are closIng costs, and WIll I knoW hoW much they are ahead of tIme?
Closing costs cover items such as your Land Transfer Tax, the balance owing on your deposit, your enrolment in Tarion Warranty Corp., development charges and legal fees. To find out what the charges will be, ask your sales representative and your lawyer. I recommend budgeting five per cent of the purchase price to cover your closing costs. 4. Why do I have to pay maIntenance fees?
One of the best things about condominium living is having exterior
and common area maintenance handled for you. In addition, you get to enjoy the convenience of amenities at your fingertips like fitness studios, indoor/outdoor lounge areas and more. Maintenance fees also cover things like salaries for the concierge and other paid employees who keep the building running smoothly.
Universal City East condos in Pickering
5. What If there are amenItIes I don’t care about? do I stIll have to pay to have them cleaned and repaIred?
The simple answer is yes. You may not, for example, care about a pool, but others do – and remember it can be an important amenity when you go to sell your condo someday. 6. What does the condomInIum corporatIon do?
These elected residents make sure the building is maintained and repaired over time. They hire people to handle snow and garbage removal, landscaping, cleaning of common areas (including the lobby and hallways), and provide concierge service. They also set out guidelines for all residents for privacy and safety. 7. hoW long WIll I have to WaIt to move In?
If you buy pre-construction, you will likely have a few years to wait, meaning more time to save money and figure out what you will buy or take with you from your existing home. If you buy once the condo is built, your occupancy date may be mere months away.
The less cluttered your condo suite, the larger it looks and “lives.” Purchasing a storage locker for car tires, and seasonal decor. may also be an option. 9. Where can I fInd out more?
At cmhc-schl.gc.ca, you can download CMHC’s booklet Condominium Buyer’s Guide. 10. What Is your maIn advIce?
I can sum that up in one word: Ask. Ask your sales rep, real estate agent, lawyer, family members and friends. You’ll be glad you did your “homework.” Debbie Cosic is CEO and founder of In2ition Realty. She has overseen the sale of more than $15 billion worth of real estate. With Debbie at its helm, In2ition has become one of the fastest-growing and most innovative new home and condo sales companies. in2ition.ca
8. Where WIll I put all my stuff?
If you are moving from a larger place, you’ll have to downsize your possessions. Be realistic and ruthless.
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IN CONVERSATION WITH...
MARK COHEN MANAGING PARTNER TCS MARKETING SYSTEMS BY WAYNE KARL
As the housing industry is changing due to market dynamics, COVID and other issues, so too is the marketing and selling of new homes and condos. There’s a clear trend, in fact, in this end of the business becoming more modern and sophisticated – and even high tech. We sat down with Mark Cohen, managing partner of TCS Marketing Systems, for his insights on how builders and marketers are evolving to meet the demands of today’s increasingly discerning homebuyers.
but the market now is hot as ever. Immigration to Canada is resuming, which means we go back into the supply and demand debate. There just isn’t enough supply to meet the demand with or without COVID, and that is going to continue to send prices upward. There were some observations of people moving out of the city with work-from-home becoming more mainstream, but we have already seen a gradual return to the office and our sector is back to pre-pandemic levels.
You have a lot of experience in this business… How do you assess the housing industry right now? The past two years have been strong in terms of performance, but there are challenges with supply, pricing, and of course COVID… COVID in some ways gave people some breathing room last year,
If the various levels of government reached out to you for insight or advice on how to address the affordability issue, what would you suggest? There are so many levels to the affordability discussion, but if I had the opportunity to provide insight, it would start at the municipal level.
36 condolife magazine | Oct. 23–Nov. 20, 2021
The immigration numbers are only going to grow, and developers are not able to build fast enough. The time and cost it takes to get zoning and approvals is a huge hindrance in bringing product to market. Another aspect that can be improved is a simplified program for first-time homebuyers, which is currently not aligned with the pricing we are seeing for real estate across the country. What does your rebranded company, TCS Marketing Systems, entail and how did this come about? Our company was formed 15 years ago, and this year, we underwent a rebrand to prepare for the next 15. COVID-19 shook our world, but in a way brought us all closer together. As a team, we took the opportunity to look inwards and reflect on how we could better contribute to our
developer clients and the real estate agent community at large. Through this rebrand, we not only updated our look, but added highly skilled members to our team, increased our range of services, and now include a deeper integration of qualitative and quantitative research for each of our clients. How does this approach differ from other real estate marketing firms out there? We have a tagline that says, “Experience the difference, the difference is experience.” That really sums it up. When a developer hires us, we work with them like a partner and, with our years of experience, are able create customized sales programs to support them every step of the way until the very last unit is sold. TCS Marketing Systems offers a unique advantage to its clients, as every member of the executive team has years of working inhouse for some of the GTA’s largest developers in various roles, such as marketers, researchers, architects, strategists, tech experts and sales personnel. They understand from the developer’s perspective what it takes to achieve success. This
translates into building long-standing relationships with clients who trust our proven track record. There seems to be an increasing focus on marketing and sales of new homes and condos, with companies such as TCSMS and others. What’s behind this evolution? The sales and marketing programs have been getting stronger over the past two decades and developers want to get the bulk of their sales done quickly. Virtual tours are replacing sales centres and renderings continue to get more realistic, but there is still the human connection needed to close the deal. That is where companies like ours come in. Our expansive network of agents is engaged to ensure each project receives exposure on the local, national and global stage. As part of our commitment, we provide superior resources and tools to our network to make sure the projects we sell are a resounding success. How is it good for prospective homebuyers? Buying a home is one of the biggest decisions one makes in their life,
and having agents you trust is so very important to homebuyers. We truly believe in the value of the human connection. These relationships are key for investors and end-users alike and when there is an advisory firm such as ours on the sales end of the project, there is a level of confidence buyers can have with that project they are looking into. You’re in charge of the marketing and sales of Debut in Barrie, which is an up-and-coming market. Where are the next emerging hot spots – in terms of area or property type? Midrise is a hot commodity right now. It just happens to be the least cost-effective product to build. We are seeing buyers looking for flex space and greenspace, and stacked towns are definitely what seems to meet those criteria, while staying on the more affordable end. The market across the GTA has been hot all year, but we are seeing places such as Barrie, Scarborough, Etobicoke and Whitby be popular options for those looking to live a quieter lifestyle, but have access to city amenities.
on a personal note How have you managed during the pandemic? Taken on any new hobbies or acquired new skills? I bought a cottage in summer 2018. It provided a safe haven for me and my children. Because I am used to being constantly on the move in the GTA, I bought a second Peloton for the cottage, as it helps me stay active during this pandemic. What, or who, is your greatest inspiration for what you do? My three kids. Seeing them grow and mature into young individuals is truly inspiring. From a business perspective, I’m motivated by quietly doing great things at every project, while understanding the responsibility that comes with adding to the landscape in any community. One of the most rewarding things for me is watching our team members assert themselves and provide leadership and guidance to our clients. Money is not the principal motivator; however, it is a necessary part of life. My three kids, like most, will need help when it comes to buying a home. That time is coming. There’s a new meaning to “Freedom 55” as I see it. I’ll be free when my youngest is 55… What’s on your reading lists these days? As our world has gone digital, particularly since the pandemic, I’m reading industry articles daily, as well as studying the various marketing efforts out there. I haven’t had time to focus on reading anything else, but that’s on my fall agenda.
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ADvIce | reAL InsIGHt
RE-ELECTED
LIBERAL GOVERNMENT MAY MEAN MORE OPPORTUNITIES FOR HOUSING
KEviN CRiggER
The recently re-elected Liberal government is promising to boost the supply of housing and make homes more affordable. Let’s break down how they plan to do so, and what it may mean for real estate markets, homebuyers and sellers. IncentIves for fIrsttIme buyers
The government has committed to helping first-time homebuyers. Specifically, it plans to introduce a tax-free First Home Savings Account. It will essentially combine elements of an RRSP and a TFSA for Canadians up to age 40 to save up to $40,000 toward their first home. This program will allow first-time buyers to withdraw the funds, tax-free, and put it towards a home with no requirement to repay it. Over the years, realtors have been instrumental in working with the federal government on similar programs, including the RRSP Home Buyers’ Plan. TRREB supports initiatives to remove barriers to homeownership, but we urge the Liberals to treat all Canadians fairly. The First Home Savings Account, with a maximum savings allowance of $40,000, will have little impact for GTA homebuyers based on average prices; in other communities across the country, however, it could provide a substantial down payment. The new government must look at the local nature of housing and the vastly different entry price points when 38 condolife magazine | Oct. 23–Nov. 20, 2021
developing policies, as opposed to a one-size-fits-all national approach. GTA homebuyers should be afforded the same savings power as residents of other communities across the country to ensure every resident (and voter) has the same opportunity, no matter where they live or how expensive their city may be. The government also proposes a “rent-to-own” initiative, with new funding to support renters to become homeowners. This transition not only helps first-time buyers, but also encourages a healthy rental market with stable vacancy rates. Lastly, the government promises to double the 15-per-cent First-Time Home Buyers’ Tax Credit from $750 to $1,500 (equivalent to a 15 per cent tax credit on a maximum of $10,000 in home purchase costs). This increase will help buyers who are new to homeownership offset expenses associated with closing costs, such as land transfer taxes and legal fees. Again, with an average home price greater than $1 million in the GTA, this is an almost negligible benefit for homebuyers in this area. tAckLInG AfforDAbILIty wItH more suppLy
TRREB and its realtor members have urged governments to bring more housing supply online to deal with affordability challenges. With this in mind, it is heartening that the Liberals heard our calls to increase supply. There was a promise to introduce a Housing Accelerator Fund to build 100,000 new middle-class homes in four years, tools for municipalities to reduce approval times, establish zoning bylaws, and encourage transit-oriented development.
poLIcIes to curb DemAnD
Realtors and other industry experts know that an increased housing supply for sale and rent is the only true tool to solve the key issues facing Canadian housing markets. Given this, we have concerns about some of the election promises to put the focus on tools that artificially suppress demand – a two-year ban on foreign ownership, implementation of a one-per-cent tax on non-resident owners of vacant homes, and a tax on homeowners who sell less than 12 months after purchasing with some exceptions. For more than a decade, TRREB has advocated for policies to bolster the record level of under supply in our market, which has become a greater problem based on insufficient government action. The main obstacle is a tight supply of homes, so these demand-side policies will accomplish little, as was demonstrated in Ontario with the 2017 Fair Housing Plan. New governments mean new opportunities. We are hopeful the federal Liberals have heard our renewed calls to keep Canada’s housing markets strong and sustainable through the implementation of holistic supplybased policies. Kevin Crigger, TRREB President and realtor, is a long-standing and active member at the Toronto Regional Real Estate Board. He has served all levels of the real estate industry, as well as local charities and educational institutions.
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ADVICE | ConDo pro
WHY BUYING PRE-CONSTRUCTION IS A WISE LIFESTYLE AND INVESTMENT CHOICE
BArBArA lAWlOr
There is buying a new condominium, and there is buying a new preconstruction condominium. Pre-construction simply refers to purchasing before construction begins and prices inevitably go up. This is the preferred method of many buyers who want to get in early with great prices and earn equity before they even move in several years down the road. That time period also gives them the opportunity to save more toward their purchase. When you look at how well condo buyers have done financially over the past couple of decades, it is easy to understand why this is a wise lifestyle and financial investment. And speaking of lifestyle, buying pre-construction also means you have the advantage of the best choice of floors, views and layouts. If you purchase early in the marketing cycle, you also have the opportunity to select the features and finishes that will turn your suite into your home. With all of these selections going in during the construction phase, you avoid dealing with the mess and inconvenience of refinishing an existing residence. Today’s appointments are incredible. In fact, with the condo market so competitive, developers are including standards that used to be upgrades. Oh, you can still opt for upgrades, but either way, you will enjoy luxury and convenience.
Oh, and let’s remember the feeling of walking into a brand new condo suite, where everything is fresh and clean. You are the first to live in these surroundings and use your appliances. Think of the joy of slipping into a brand-new car for the first time. Whenever in the selling cycle you purchase, a new condominium comes with Tarion warranty protection, which is yet another benefit over buying resale. With Ontario Building Code updated regularly, you can also be assured of the latest construction techniques and materials. This includes built-in energy efficiency and water conservation that surpass anything from the past. In addition to a more comfortable environment, you also save money by saving energy and water. You also know that in a condo, when you are out or away on a trip, the exterior and shared areas are maintained for you. There is also a wonderful feeling of safety, with the concierge providing eyes on the street. Those maintenance fees enable you to lock the door and leave! Whether you’re an investor or end-user, the great news is that new condo communities are popping up in spectacular locations across Toronto and the GTA. You can search for a building that pleases your aesthetic sensibilities. Traditional? Yes. Contemporary? For sure. Downright modern? You will find any and all of the above with stunning exteriors that carve distinctive niches in the skyline. Condos today are also built close to, and often on, public transportation routes, as well as in the vicinity of local amenities. This is welcome news
Ivy Condominiums
for buyers who live in their purchase and for investors who want to appeal to the spectrum of renters. I often advise people to buy new, and buy now. Now, I add – buy preconstruction if you can. Barbara Lawlor is CEO of Baker Real Estate Inc. A member of the Baker team since 1993, she oversees the marketing and sales of condominium developments in the GTA, Vancouver, Calgary and Montreal, and internationally in Shanghai. baker-re.com
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BUILDER PROFILE | DUNDAS & MC CAUL
Rendering is artist’s concept
ARTISTRY CONDOMINIUMS TRIBUTE BREAKS GROUND — AN INCREDIBLE MILESTONE FOR TORONTO’S MOST CREATIVE COMMUNITY Since opening for sale in March 2020, Artistry Condominiums has been an unprecedent success story that has astounded purchasers and brokers alike. It sold more than 90 per cent of units at launch, and continues to be a demanded offering, with just a few suites remaining. Now, Tribute Communities is proud to announce that Toronto’s most creative, inspired and artistic condominium community has just broken ground, with construction set to begin soon. This significant milestone has transcended a world overcome with uncertainty, serving as a testament to the resilience of purchasers, developers, and the homebuilding industry in its entirety. In the heart of Toronto’s creative hub on Dundas Street West at McCaul Street, Artistry is an elegant new offering promising residents a distinctly unique way to live. With unrivaled access to the city’s best destinations, sophisticated suites 40 condolife magazine | Oct. 23–Nov. 20, 2021
boast premium skyline views, worldclass amenity spaces, harmonious architectural design and so much more. Artistry emphasizes an established neighbourhood character, while pushing the boundaries of modern living, creating a place that has been immediately accepted as an instant local landmark. Inspired by art and immersed in living, Artistry offers a more refined urban lifestyle amidst Toronto’s most vibrant neighbourhoods, impeccable area amenities and illustrious cultural icons. It’s a community that truly leaves a lasting impression on anyone who experiences it, and elicits a jolt of inspiration in everyone who calls it home. Residents can enjoy living directly across from the Art Gallery of Ontario and the Ontario College of Art & Design, taking advantage of excellent transit options with St. Patrick subway stop just a few moments east. It also puts some of Toronto’s most
prominent destinations, such as Chinatown, University of Toronto, Kensington Market, the Eaton Centre, Dundas Square and Queen Street, all within walking distance. At Artistry, residents will revel in a most comprehensive and vibrant lifestyle experience from an ideal location brimming with energy and life. From the onset, Artistry’s wide variety of suite layouts were designed to accommodate a multitude of residents, from single users to young couples with growing families, and finally, the established family who live, work, and play in downtown Toronto. Suite designs range from comfortable one-bedroom studios, to elegant three-bedroom suites sprawling more than 1,000 sq. ft. The spaces themselves are a nod to conservative modernism, blending the best aspects of timeless classics with the flowing aesthetic of the contemporary form. They are striking showcases of innovative design and
Rendering is artist’s concept
livable space, with crisp lines and gentle curves accentuating an air of comfortable ease. In addition, open-concept floorplans and large windows emphasize a greater sense of space, while premium features and finishes add to an established feeling of sophistication. All culminating to create affordable yet stylized living spaces for anyone wanting an eclectic downtown lifestyle, with a taste of elegance only available at an offering of this caliber.
Rendering is artist’s concept
Moreover, Artistry provides residents with spectacular amenity spaces that rival the city’s most renowned offerings. They’ll have access to a comprehensive fitness facility and yoga studio designed to promote healthier and happier living. A dedicated art studio for the professionally creative, or those practicing in their pastime. A large co-working lounge ideal for group collaborations, and three dedicated meeting rooms designed specifically for connecting with clients and colleagues. Celebrate any occasion in style with an exclusive residents’ lounge that equally accommodates formal dinners and weekend get togethers. Finally, the terrace is the spot for casual gatherings or upscale entertaining, and offers an uncontested view of the masterpiece that is Toronto’s skyline. In essence, Artistry’s groundbreaking marks something much more significant than the beginning of a place to live. It’s a place to dream, a place to be inspired, a place to find comfort, a place to begin your journey, and a place to appreciate the greatest aspects of life in Canada’s most beloved city. It stands with distinction, and represents the steadfast fortitude, unbridled passion, and visionary creativity of all those who call Toronto home.
Founded more than 35 years ago, Tribute Communities has built more than 35,000 new homes and condominiums with a mission to create distinctive, visionary communities across Southern Ontario. The company’s reputation has been earned through their architecturally distinct and exquisitely designed homes and condominiums ideally situated amongst the very finest streetscapes and communities. Beautifully appointed homes with many unique features and classic finishes that result in eminently livable environments – that is the Tribute ideal. To learn more about Tribute Communities, Artistry or many other offerings available now, and coming soon, please visit the website. mytribute.ca
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BUILDER PROFILE | STOUFFVILLE
All renderings are artist’s concept
LIVGREEN2 CONDOMINIUMS GREEN CONDOMINIUM LIVING RETURNS FOR AN ENCORE ON MAIN STREET IN STOUFFVILLE The incredible abundance of parkland, golf courses and conservation land enveloping Stouffville isn’t the only Green feature in this charming community just north of Toronto. LivGreen Condominiums on Main Street Stouffville, presented by Ledgemark Homes, takes the community’s verdant surroundings to heart by offering state-of-the-art eco-friendly living, combined with gracious condominium amenities. The next evolution in LivGreen Condominiums is now upon us, with the introduction of LivGreen2. The first phase proved to be an overwhelming success, with suites selling out quickly. Purchasers were instantly attracted to the promise of Green living with low condo fees 42 condolife magazine | Oct. 23–Nov. 20, 2021
in a location that offers the perfect combination of rural charm and urban convenience. Debuting soon, LivGreen2 will stand proudly on Main Street in between Weldon Road and Ninth Line. This ideal location will put residents within walking distance of the Stouffville GO station and an easy and stress-free commute to Union Station in downtown Toronto. Surrounding the condominium community is a full slate of shops, services, schools, entertainment venues and the new Longo’s plaza. Residents can enjoy having all life’s necessities and luxuries at their fingertips, making vehicle ownership just an option and no longer a necessity.
Of course, there’s significantly more to LivGreen2 than meets the eye. Ledgemark Homes’ President, with more than 30 years of building experience and a passionate trailblazer in developing the ecofriendly communities of tomorrow, showcases a rich array of stateof-the-art sustainable building technologies. In fact, not only is LivGreen2 a recognized green community but it will be built to net-zero standards, which means the built community will have no impact on the environment. Among the Green homebuilding technologies integrated within LivGreen2 are ground-source (geothermal) heating and cooling, which involves accessing ground
source energy to produce heating and cooling while lowering energy costs for homeowners, and the use of Insulated Concrete Form (ICF) building techniques, which involves walls made of two layers of insulating foam with concrete poured in the hollow between the two foam layers for strength, stability, and high insulation value. Additional Green features include highly energy efficient windows, triple the required roof insulation, split-level LED lighting systems, and the use of renewable energy sources such as solar power. LivGreen2 isn’t just eco-friendly, it’s budget-friendly. Based on a twoperson occupancy in a 1,000-sq.ft. condo suite, homeowners can expect to save $250 per month in condo fees and an additional $175 per month in utility fees. That adds up to a $5,100 savings per year, compared to regular condos. “We are thrilled to be introducing the latest Green homebuilding technologies to our LivGreen Condominium community in Stouffville,” says George Le Donne, President of Ledgemark Homes and LivGreen2. “Through our sustainable homebuilding program, we are able
to have zero impact on the energy grid while letting our homeowners enjoy some of the lowest utility and condo fees in Canada. It’s a win-win for everyone, while the investment we make in building Green helps introduce some of these innovative techniques to the marketplace and hopefully raises the bar for the smart and sustainable communities of the future.” LivGreen2’s distinctive architectural design palette likewise looks to the past for inspiration and to the future for aspiration. The condominium’s elegant transitional architecture is the product of a successful, open-minded and collaborative effort between Ledgemark Homes, the local community, and the municipality of Whitchurch-Stouffville. The concept was to tastefully complement the surrounding homes and businesses while adding an intriguing design flavour to its Main Street environs. LivGreen2 also takes into consideration all the ways residents desire to unwind and entertain at home. The community features a luxuriously appointed games room, a generously equipped party room to host life’s greatest milestones and “just because” moments, and
a fully equipped state-of-the-art fitness centre. In addition, each suite features airy open-concept layouts, meticulously designed and wellappointed finishes, gracious nineand 10-ft. ceilings, and Ledgemark’s trademark attention to detail and legendary craftsmanship. Ledgemark Homes has a long and distinguished history of ecofriendly homebuilding. For the past 25 years, Le Donne and his team have been instrumental in building landmark Green residential condominium buildings, commercial buildings and developments across the GTA including the communities of Markham, Unionville, Oakville, Burlington and Milton. The firm has forged an enviable reputation for incorporating new construction technologies with old-world craftsmanship and striving for new levels of excellence in everything they build. With suite prices starting at $469,900, LivGreen2 is destined to sell out as quickly as the first wildly successful release. To get to the front of the line for your best choice of suites, register today at the website. livgreen2.ca nexthome.ca 43
ADVICE | THE MARKETING EDGE
SUPPLY CHAIN CRISIS IN HOUSING EXACERBATED BY SKILLED LABOUR SHORTAGE
JEANHY SHIM
There were some interesting news headlines recently that reminded us of the fundamental relationship between supply and demand and prices: “Global supply chain delays, shortages could hike prices, limit options on shelves”; “Prices could go 20 per cent higher this holiday, thanks to supply chains in crisis”; “Bacon prices reach all-time high in Canada.” The key takeaway: Prices rise if there is insufficient supply to meet given demand. Yet, when it comes to housing, for some reason, it is rare to see a headline declaring that a “supply chain crisis” is driving up home prices in cities across Canada. Instead, some experts and pundits point to record low mortgage rates, homebuyers over-leveraging themselves, high immigration levels, foreign investors and buyers, developer profit-taking and even “regular folks who like the idea of buying a house and one day selling it for a huge windfall” (actual quote) as part of the problem. And successive governments have only tinkered around the edges and focused on the demand side of the equation. However, we have not seen any meaningful and practical measures to address the supply side of the equation that is increasingly mired in growing bureaucracy and regulation, outdated zoning and urban growth boundary rules, and misguided policies that 44 condolife magazine | Oct. 23–Nov. 20, 2021
seem to have forgotten that housing is a fundamental human need. Moreover, let’s not forget that there is a chronic and looming construction and skilled labour shortage that threatens to limit our ability to build the increased housing supply we need, even if regulatory and entitlements issues are addressed. This should not be news to our governments, given the countless studies and reports over the years bringing attention to this issue. Looking specifically at the construction industry, BuildForce Canada reported earlier this year that 257,000 construction workers will retire by 2029, and even after accounting for new workers joining the industry, it anticipates a shortfall of nearly 82,000 construction workers by 2029. Similarly, EllisDon – one of the largest construction and building services companies in Canada – forecasts that the industry will be short 100,000 tradespeople in 10 years. All of these findings are troubling, and we cannot wait any longer to start addressing these challenges. So, we need to push our governments at all levels to tackle the structural obstacles to increasing housing supply – not only the bureaucratic, regulatory and policy obstacles, but also the labour shortage obstacles, in particular. Specifically, we believe there are four steps that our governments can and should take immediately: • Adapting our immigration system to prioritize, attract and retain the skilled labour that we desperately need by changing the points system to elevate the importance of a skilled trade on your application;
• Providing research and development funding, grants and incentives to encourage and catalyze innovation and modernization of the housing construction industry, which is still largely building homes the way we did 40-plus years ago; • Renovating our outdated public education system to ensure our children are exposed equally to the full range of learning and job opportunities, including skilled labour and trades, in order to ensure our future labour pipelines reflect our real labour needs; and • Bringing all stakeholders together in a national or provincial roundtable or conference on the “Supply Chain Crisis in Housing and Affordability,” in order to explore solutions and start coordinating efforts. There is no magic bullet to solve the complex issue of housing affordability. But at its core, we have an imbalance of supply and demand in this country where insufficient supply is the problem; not excessive demand. And with the population of the Greater Toronto Area expected to reach nine million by 2030, the urgency to act has never been more acute. Jeanhy Shim is President of PMA360, a new division within the PMA Brethour Realty Group, focused on addressing the unique challenges and opportunities for developers building smaller, midrise condominium buildings in established neighbourhoods.
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Photo: Artistry Condominium by Tribute. tributecommunities.com
INTERIORS
IN THIS SECTION:
BIG STYLE | DECOR | HOME FINDS | TREND WATCH nexthome.ca 45
INSPIRATION |
decor
DECORATING WITH WOOD TIPS TO BEAUTIFY YOUR SPACE USING ONE OF NATURE’S GREATEST GIFTS by LINdA MAzUR
There’s something about wood that makes it so appealing. It’s warm, inviting and lends itself to any decor style. Wood has personality and character; and decorating with a variety of wood finishes has a way of adding a certain richness to a space. The organic movement of some grains can often have an art-like influence in a room, reaching well beyond its traditional usages. From simple accessories, to lighting, beautiful contemporary bathroom faucets, wall and ceiling cladding, furniture, kitchen accents and more, incorporating wood in your home, outside of flooring, is only limited by your creativity. As a designer, I love the versatile nature of wood, and how its nearly endless array of colours and grain options can complement, and sometimes even dictate the style within a space. Whether you’re more in line with a light, airy and modern vibe, or love the rich, dark more formal woods, I’m sure you can agree that adding wood accents to your home creates depth in your design. However, working with wood is not just about simply incorporating it in your decor or using it creatively, it’s also about mixing wood tones to create a more stylish and elevated space. When looking to mix and match your woods, the approach is no different than when you blend anything else, such as colour, textures or styles, it’s all about creating
46 condolife magazine | Oct. 23–Nov. 20, 2021
continuity – a story, of sorts. You need to pay attention to key details such as grain, undertones, and finish to successfully blend your woods, as well as the overall style of the space and how the placement, usage and proportion of your wood accents balance within the room. Another great way of mixing multiple wood tones can be by introducing contrasting colours. For example, a room with several shades of warm-toned woods can be pulled together and punctuated with a high-contrasting wood stained in a dark, almost black finish. This can complete the space by adding more depth to the design, while adding visual interest. Once you put together the palette that works for you, then all you really need to do is ensure you repeat the shades, at least two times, throughout to maintain continuity and structure within your space; this will make your room look well “pulledtogether” without a lot of effort. Mixing wood tones and decorating with wood, in general, is not as difficult as you may think – you’re creating a truly lovely and stylish space. Whether you decide to keep it simple by incorporating a few wood accessories, or perhaps barstools, or are a little more adventurous and you’re looking to create more drama in your space with a beautiful walnut grain wall panelling, the addition of wood elements will undoubtedly create a totally chic space for you.
Here are a few tips to keep in mind: • If you can, keep your tones consistent when mixing woods, work in all warm, cool or neutral tones. • Select one principal wood tone and one or two secondary wood tones when blending. The principal wood tone is usually the one that will occupy the most space, for example, flooring, wall feature, dining table. • If there is a drastic difference between your floor colour and other furniture tones, the introduction of a patterned rug can help blend them together better. • Don’t place similar tones of wood close together – it’s all about balance, consistency and harmony. Placement and moderation are key. • Remember, ultimately, decorating with wood and mixing different types or tones of wood is great and encouraged, but ultimately, it’s only a part of the overall design of the space; colour, texture, pattern all still play an important part.
Linda Mazur is an award-winning, nationally publicized designer and Principal of Linda Mazur Design Group. With almost two decades of experience this in demand multi-disciplinary design firm is known for creating relaxed, stylish spaces and full-scale design builds within Toronto, the GTA and throughout Canada. lindamazurdesign.com @LindaMazurGroup
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INSPIRATION |
s d n e tr
Bathroom
trend watch
A
s disruptive as it has been, the pandemic is making an impact that could not have been anticipated in the home improvement industry. Canadians are renovating and remodelling now more than ever. As a designer, I am seeing empowered homeowners taking steps to express their authenticity and inspiration through bold design choices. Not only are homeowners thinking about ROI, they are also thinking about how they want to enjoy their space in the moment. Are you planning a bathroom reno? Here are my top trends to inspire you.
2021
by Bilha Kangethe
The term rebirth is embedded in this season’s bathroom trends, where homeowners and designers are excited to blend styles that are not only functional, but also focus on wellness
1
3 2 YESTERYEAR REIMAGINED It is intriguing to witness an emergence of past eras in current design in a fun, eclectic way. Everything from large-scale wallpaper, and unconventional fluted vanities reminiscent of the art deco era, to Mid-Century modern inspired floor tiles. There is something to offer both the interior design enthusiast, and the open and curious homeowner. Old is new and new is old, and we are loving every moment of it. 1. Fluted Vanity by brian Gluckstein: Beaumont Freestanding Vanity | 2. Good tile Wallpaper desiGn: The Good Tile; photo: Shay Nammari | 3. Good tile Wallpaper and tile-desiGn: The Good Tile; photo: Shay Nammari
48
DESIGNED FOR WELLNESS The pandemic has changed the way we use, design and occupy spaces in our homes. Sustainability coupled with purposeful spaces that promote emotional and physical health, as well as including environmental considerations such as biophilia, will continue to reign in our design schemes. White Vanity With Fluted detail desiGn: Kelsey Leigh Design Co; photo: Emily Hart black and brass Fixtures: Grace Kelly
My favourite combination, antique brass and chrome done right at a 70- to 30-percent ratio.
OH, SO GLEAMING! 2021 has got us moving beyond wall sconces and bathroom bars to integrated concealed lighting, ornate pendants and, for the minimalist at heart, linear lighting. concealed liGhtinG: Amira Aboalnaga
INDOOR OASIS Did somebody say spa 10.0! Yes readers, we are elevating our bathroom retreats and intentionally incorporating all our favourite things that we enjoy at a resort spa. This indoor sanctuary features rainfall showerheads, freestanding tubs, large scale natural stone, glass shower doors, smart home systems that set the mood – and my favourite – the rise of the wet room. The ultimate spa experience right at your doorstep. Wet room desiGn: West Bay Homes photo: Space Crafting Photography
Bilha Kangethe is the Founder and Creative Director of The Lifestyle Loft. As a certified designer and interior decorator, she has created a company that focuses on the needs of each client and customer and helps them curate a lifestyle that is comfortable and economical. thelifestyleloft.com
nexthome.ca 49
INSPIRATION |
big style
INTERIOR DESIGN TRENDS FOR
Fall 2021 by LISA ROGERS
At the start of 2020, many of us were forced to entirely reconfigure our homes into multi-functional spaces to accommodate the fact we were working from home and children were also being homeschooled. We were less concerned about interior design trends as much as we were focused on creating purposeful spaces for this new normal we found ourselves in. While we’re still trying to figure out what our new way of living will be moving forward, there has been 50 condolife magazine | Oct. 23–Nov. 20, 2021
a return of certain design trends that feel relevant to today. Themes of comfort and colour are big this fall season, as are warm neutrals and calm spaces. Here are some of my favourite interior design trends for fall. WARM NEUTRALS
You know I love a good neutral, and it feels like the perfect tenor for the fall season ahead. Terracotta is a big colour favourite this year, and it informs an entire fall spectrum of warm, earthy tones that really bring
home the concept of staying in and staying cosy. Consider adding orange, grey, and sand tones in fabrics, soft furnishings and accessories, along with ultra-soft fabrics and natural textures. It’s a more relaxed feel to the home, yet can still be chic. Look out for Sherpa wool, boucle, or flannel in a throw, on pillows, or blankets. BRING THE OUTSIDE IN
This isn’t the first time I’ve suggested this, but it’s a trend that is truly timeless. COVID taught us a lot about
how restorative nature is for us, and even though the fall/winter months keep us inside for longer, we can still create a beautiful indoor-outdoor connection in our homes, oftentimes with very little effort. Whether you opt to fill your rooms with more indoor-friendly plants (you can even go faux with dried flowers, which are very popular right now) or switching to natural fibres in your furnishings (wicker, wood, or rattan), what’s important to remember is that it’s more about bringing some of your favourite outdoor elements inside through whichever way you choose with textures, wallpapers, patterns, or furnishings that are inspired by Mother Earth. CREATE A COSY READING CORNER
We spent an inordinate amount of time at home these past 18 months, and the silver lining is that we accepted we weren’t going anywhere so found moments of joy doing simple things in our own environments – such as reading a book. Find a quiet spot in your home
and place a comfortable armchair, soft-light lamp and a side table to create your reading nook. I promise you, it will become your new favourite hideaway in your home. Curl up with a great novel, a cup of tea and spend an hour or two reading. That’s what makes this season wonderful – the opportunity to shut-down and take a moment for ourselves.
ADD VINTAGE DECOR
Vintage, bespoke homewares is big for fall 2021, likely inspired by the pandemic and our desire to make our spaces more personal and a sense of comfort. Antique furniture, special housewares we have that were handed down to us from family members, or old picture frames we have in storage; all of these items have a story behind them, and a memory. To me, that’s very comforting, and I gravitate towards filling my space with such mementos because the connection feels real. In times of uncertainty, we want to find comfort in the things we know. YOUR HOME SHOULD BE A SANCTUARY
This message was vocalized loud and clear during the pandemic: The idea that our homes should be our sanctuary away from the madness of the world. This will be a big focus for fall design this year. Whether you transform your bathroom into a spa, outfit a window seat with cosy pillows and a warm throw, or simply fill your home with candles, home fragrances and fall foliage, there are many ways you can make your home your own oasis. Lisa Rogers is Executive Vice-President of Design for Dunpar Homes (dunparhomes.com). Lisa has shared her style and design expertise on popular television programs such as Canadian Living TV, House & Home TV and as a regular guest expert for fashion and image, health and wellness and design on CityTV’s Cityline. Follow Lisa’s blog at craftedbylisa.ca nexthome.ca 51
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INSPIRATION |
fall decor updates
home finds From introducing a statement colour to decorating with plants, here are easy ways to welcome the new decor season into your home.
by SARA DUCK
accent colour
“Introducing pops of colour brings in unexpected personality and energy into a room, especially in a backdrop of monochromatic warm tones. It energizes the home as we used here. Lively and more memorable moments come from adding in touches of colour within a more neutral background” – Designer Kate Davidson, Kate + Co Design Inc. Photo: Laura Miller
nexthome.ca 53
“Curved furniture is making its statement in interiors once again. These rounded and amorphous silhouettes were popular in the 1970s and ‘80s and are being embraced in new ways, particularly in upholstered fabrics including Sherpa, bouclé and velvet. These trending pieces are like artwork and add a sense of geometry which can be incorporated to inject just the right amount of edge and intrigue.” – Designer Sascha Lafleur, West of Main Photo/furniture: West of Main 54 condolife magazine | Oct. 23–Nov. 20, 2021
Photo: by West of Main furniture: West of Main Shoppe
curved furniture
tropical plants “Creating a space that feels relaxed and inviting means bringing nature indoors. Plants bring a sense of tranquility, texture, and a pop of colour while still working with any decor. Lush green tropicals with dark leaves or pale, silver olive tree leaves can balance your space. Don't have a green thumb? There are incredible faux plants that can add that natural element and complement your decor.” – Designer Sascha Lafleur, West of Main
Pendants: Rejuvination | stools: CB2 | table: Vintage find | armchairs: Article | console: Bernhardt | rug: Vintage | cushions/ accessories/artwork: Hibou Home | sofas: Ikea and custom covers
millwork: Soma Millwork wallPaPer: AE Interiors bedding: West Elm
Photo: Mike Chajecki
mixed patterns
“Adding in a variety of different patterns bring loads of personality and life to a space that cannot be achieved with just working with solids. In this situation we knew we were opting for a bold vintage rug, so that was our first focus. From there, we decided which colours we would like to pull from the rug and repeated them in different areas. Mixing patterns is all about various scales, textures, embroidery and ultimately making sure it is harmonious.” – Designer Korina Khamis, Hibou Design & Co.
bold wallpaper “I love using a graphic wallpaper to add drama to a room. I typically keep the rest of the room neutral in terms of pattern to let the wallpaper be the star of the show. I like to pull colours from the wallpaper and repeat that in pillows, furniture and accessories.” – Designer Amanda Evans, Amanda Evans Interiors nexthome.ca 55
1st Place Compact Kitchen Martin DeSousa
1st Place Small Kitchen Linnea Lions
1st Place Medium Kitchen Beverly Binns
1st Place Large Kitchen Glen Peloso & Elizabeth Smith
Turn your DREAM into REALITY
Why Hire an NKBA Professional: • Skills to Design and Plan Safe and Functional Kitchens and Baths • Understand the Industry Environment, Future Trends & Consumer Lifestyles
• Operate and adhere to a strict code of ethics under the guidelines of the NKBA • Utilize Industry Information for Designing & Planning • Research Building Codes and Current Industry Practices
nkba.org/chapters/ontario-canada/
The National Kitchen & Bath Association (NKBA) is a non-profit trade association that promotes the professionalism of the kitchen and bath industry. Established in 1963 as a network of kitchen dealers, it has grown into the premier association of distributors, retailers, remodelers, manufacturers, fabricators, installers, designers and other professionals. The NKBA’s certification program emphasizes continuing education and career development and includes designers and professionals in all segments of the kitchen and bath industry. The NKBA has become a valuable resource for both professionals and consumers.
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CONDO PROFILES
Pinnacle Toronto Cypress
developer: style: size: prices from: features:
Toronto
PINNACLE INTERNATIONAL
Highrise Up to 1,145 sq. ft. The mid $600,000s • Suites include 9’ ceilings, laminate flooring, quartz countertops • Suites with full size appliances • Amenities include: gym, yoga room, party room, kids play area and outdoor terrace contact: 416.596.1600 • info@PinnacleEtobicoke.ca location: 5475 Dundas St. West (west of Kipling)
Oro at Edge Towers
Mississauga
MRKT Alexandra Park
developer: style: size: prices from: features:
contact: location:
Toronto
TRIDEL Highrise from 630 -1235 Sq. Ft. $900,000s • New Release of 2 and 3 Bedroom Suites • Steps from Toronto’s Kensington Market, Queen West and Chinatown. • Lifestyle amenities designed to connect spaces and people. A Two-Storey Gym, Swimming Pool & Rooftop Terrace, Private, Landscaped Courtyard, Outdoor Terrace, & Garden, Kids’ Zone and Youth Zone Tridel.com Dundas St. W. + Denison Ave.
Mirabella Condos
Toronto
developer: MIRABELLA DEVELOPMENT CORPORATION, A
LEGACY COMPANY OF DIAMANTE
style: size: Prices from: features: developer: style: size: features:
SOLMAR DEVELOPMENT CORP
Highrise 500-1840 sq. ft. • 1 bed, 1 plus den, 2 bed, and PH 3 plus den. • 24 hour concierge service. • 9 ’ ceiling heights on floors 2-49; 10’ in penthouse units on 50th floor. • Two party rooms with outdoor terraces, a state-ofthe-art gym, yoga studio, private movie theatre, games room, sports lounge, wifi lounge, and more. • The only new downtown condo community that is right on the new LRT line in Mississauga. contact: (905) 804-0592 presentation centre: 9291 Jane Street, Vaughan ON L6A 4J3
Highrise 550 sq.ft. to 1539 sq.ft. the mid $700,000s • 1B+D, 2B, 2B+D, and 3B suites with spacious layouts, 9’ ceilings (10’ for penthouses), and premium features and finishes • Awe-inspiring views of Lake Ontario or High Park from all suites and amenities • Indoor Amenities (exclusive to each tower) include an indoor pool, party room with catering kitchen, library, yoga studio, fitness centre, business centre, children’s play room, dog wash room, two guest suites and 24-hour concierge • Outdoor Amenities include two shared outdoor terraces with bbqs, lounge furniture, dining areas, and lush greenery • Nestled within an area featuring beautiful public parks and pathways, Humber Bay, Shores Park, the Waterfront Trail, High Park, and Lake Ontario contact: mirabellacondos.ca | 416-961-8008 location: 1926 Lake Shore Blvd W., Toronto, ON M6S 1A1 nexthome.ca 57
HOT PROPERTIES | GREATER TORONTO AREA
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MAPS
CARTOGRAPHY: MARKETMAPS.COM
Match the map numbers with property listings on the following Hot Properties page
nexthome.ca 59
HOT PROPERTIES
FIND YOUR NEXT HOME
The latest properties in the Greater Toronto Area to keep your eye on
Legend: HR = High Rise CTH = City Home MR = Mid Rise LO = Loft LR = Low Rise LW= Live Work PH = Penthouse RH = Row Home TH = Townhouse
MAP LOCATION 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30. 31. 32. 33. 34. 35. 36. 37. 38. 39. 40. 41. 42. 43. 44. 45. 46. 47. 48. 49. 50. 51. 52. 53. 54. 55. 56. 57. 58. 59. 60. 61. 62. 63. 64.
SITE
TYPE ADDRESS
CONTACT
Etobicoke..............................Mirabella ........................................................... HR ......................... 1926 Lake Shore Blvd. W. ..............................................mirabellacondos.ca Etobicoke..............................Westerly ............................................................ HR ......................... Islington & Dundas............................................................................tridel.com Etobicoke..............................Evermore at West Village ............................ HR ......................... Eva Rd. & The West Mall ...................................................................tridel.com Etobicoke..............................Humberwood Heights ........................... CTH/FTH ................... 50 Humberwood Blvd. .......................................tributecommunities.com Etobicoke..............................Cypress at Pinnacle Etobicoke ................... HR ......................... 5475 Dundas St. W. ................................................pinnacleinternational.ca Etobicoke..............................Verge ................................................................. MR ......................... Islington & The Queensway ........................................... vergecondos.com Etobicoke..............................36 Zorra Condominiums.............................. MR ......................... 36 Zorra................................................................... altreedevelopments.com Markham/Unionville..........Panda Markham ............................................. HR ......................... 8200 Warden Ave. ............................................lifetimedevelopments.com Markham/Unionville..........Varley Condo Residences .............................LR.......................... 20 Fred Varley.........................................................tributecommunities.com Markham...............................Canvas on the Rouge.................................... MR ......................... Donald Cousens Pkwy & Ninth Line ................................. flatogroup.com Mississauga ..........................Amber at Pinnacle uptown ......................... HR ......................... 5044 Hurontario St. ..............................................pinnacleinternational.ca Mississauga ..........................Perla Towers at Pinnacle Uptown.............. HR ......................... 5044 Hurontario St. ..............................................pinnacleinternational.ca Mississauga ..........................Oro at Edge Towers ...................................... HR ......................... 24 Elm Dr.W..........................................................................................solmar.ca Mississauga ..........................Brightwater Condos .....................................CTH........................ 70 Mississauga Rd. S. .......................................mybrightwatercondos.com Mississauga ..........................Artform Condos.............................................. MR ......................... 86 Dundas St. E. ............................ artformbyemblemdevelopments.com Mississauga ..........................Gemma at Pinnacle Uptown....................... HR ......................... 5044 Hurontario St. .................................................... pinnacleuptown.com North York ............................M2M ................................................................... MR ......................... Yonge & Finch ..................................................................... m2mcondos.com North York ............................The DIamond .................................................. HR ......................... 5336 Yonge St.................................diamond.diamantedevelopment.com Oshawa .................................U.C. Condos..................................................... HR ......................... Simcoe St. N. & Winchester Rd. W. ....................tributecommunities.com Scarborough ........................Pinnnacle Toronto East ............................... HR ......................... 3260 Sheppard Ave. E. .........................................pinnacleinternational.ca Scarborough ........................FourMe .............................................................. HR ........................ Markham Rd. & Ellesmere ............................................fourmecondos.com Stouffville .............................LivGreen2 ......................................................... HR ......................... Main Street, Stouffville .................................................................livgreen2.ca Toronto .................................111 River St. Condos ...................................... HR ......................... 111 River St. .........................................................lifetimedevelopments.com Toronto .................................200 Queens Quay W. .................................... HR ......................... 200 Queens Quay W. ......................................lifetimedevelopments.com Toronto .................................40 210 Bloor St. W. ........................................ HR ......................... 210 Bloor St. W. .....................................................tributecommunities.com Toronto .................................489 Wellington St. W. ................................... HR ......................... 489 Wellington St. W. .......................................lifetimedevelopments.com Toronto .................................500 Dupont St. ............................................... MR ......................... 500 Dupont St. ...................................................lifetimedevelopments.com Toronto .................................Aqualuna at Bayside ..................................... HR ......................... 200 Queens Quay East ...................................................................tridel.com Toronto .................................Artistry Condos ............................................... HR ......................... 292 Dundas St. W. ..................................................tributeartistrycondos.ca Toronto .................................Panda Condos................................................. HR ......................... Yonge & Dundas. ...............................................lifetimedevelopments.com Toronto .................................Skytower at Pinnacle One Yonge .............. HR ......................... 1 Yonge St. ...............................................................pinnacleinternational.ca Toronto .................................The Prestige at Pinnacle One Yonge ....... HR ......................... 1 Yonge St. ...............................................................pinnacleinternational.ca Toronto .................................Tridel at the Well ........................................ MR/HR ..................... Spadina Ave. & Wellington St. .....................................thewelltoronto.com Toronto .................................Via Bloor ........................................................... HR ......................... Bloor & Parliament. ...........................................................................tridel.com Toronto .................................The PJ Condos ............................................... HR ......................... 283 Adelaide St. W..................................................pinnacleinternational.ca Toronto .................................36 Eglinton Ave. W. ....................................... HR ......................... 36 Eglinton Ave. W. ..........................................lifetimedevelopments.com Toronto .................................Linx Condominiums ...................................... HR ......................... Danforth & Main ................................................ tributecommunicties.com Toronto .................................Y&S Condos .................................................... HR ......................... 2161 Yonge St. .......................................................tributecommunities.com Toronto .................................Burke Condos ................................................. HR ......................... Bloor & Sherbourne ................................................. concertproperties.com Toronto .................................MRKT Alexandra Park .................................MR HR...................... Dundas & Spadina .............................................................................tridel.com Toronto .................................181 East ............................................................. HR ......................... 181 Sheppard Ave. East ...................................................................stafford.ca Toronto .................................Avenue & Park ................................................. MR ......................... Avenue Rd. & Bedford .....................................................................stafford.ca Toronto .................................50 at Wellesley Station.................................. HR ......................... 50 Wellesley St. East ................................................................pureplaza.com Toronto .................................No. 1 Yorkville.................................................. HR ......................... 1 Yorkville Ave............................................................................pureplaza.com Toronto .................................Theatre District Residences......................... HR ......................... Adelaide & Widmer ..................................................................pureplaza.com Toronto .................................Bijou on Bloor ................................................. MR ......................... 2450 Bloor St. West..................................................................pureplaza.com Toronto .................................The Briar on Avenue .....................................CTH........................ 368 Briar Hill Ave. .....................................................................pureplaza.com Toronto .................................One Seventy .................................................... HR ......................... Spadina & Queen St. West ......................................................pureplaza.com Toronto .................................King West & Charlotte ................................... HR ......................... King St. West & Charlotte........................................................pureplaza.com Toronto .................................Forest Hill Private Residences..................... MR ........................ 2 Forest Hill Rd. ..................................................... altreedevelopments.com Toronto .................................Oscar Residences ........................................... MR ......................... 500 Dupont St. W. at Bathurst...................................oscarresidences.com Toronto .................................Whitehaus ........................................................ HR ......................... Yonge & Eglinton ...............................................lifetimedevelopments.com Toronto .................................Liberty Market Tower..................................... HR ......................... 171 East Liberty St. .............................................lifetimedevelopments.com Toronto .................................XO Condos....................................................... MR ......................... King & Dufferin...................................................lifetimedevelopments.com Toronto .................................234 King East ................................................... HR ......................... 234 King St. E. ...............................................................emblemdevcorp.com Toronto .................................The Dupont ..................................................... MR ......................... Dupont & Ossington.........................................................................tridel.com Toronto .................................Bianca Condos................................................ MR ......................... 420 Dupont St ....................................................................................tridel.com Thornhill ...............................Royal Bayview ................................................ MR ......................... Bayview Ave. & Royal Orchard Blvd. ............................................tridel.com Toronto .................................LeftBank ............................................................ HR ......................... River St. & Dundas St. East..................................................... broccolini.com Vaughan ................................Park Avenue Place 1 & 2 ............................... HR ......................... Jane St. & Rutherford Rd. ................................................................solmar.ca Vaughan ................................The Vincent...................................................... MR ......................... Jane St. & Hwy. 7 ........................................................................ thevincent.ca Vaughan ................................The Rose Hill Condos ................................... MR ......................... 177 Woodbridge Ave.......truecondos.com/capital-north-communities Vaughan ................................SXSW Condos .................................................. HR ......................... Islington & Steeles..........................................................primonthomes.com Whitby ...................................The Landing Whitby Harbour ................. HR/MR ..................... 1604-1616 Charles St. .................................................................carttera.com
MAPS
Locate properties using the map on the previous page
60 condolife magazine | Oct. 23–Nov. 20, 2021
+
BUILDERS IF YOU WOULD LIKE TO INCLUDE YOUR PREVIEW REGISTRATION, NEW RELEASE OR SITE OPENING IN THIS FEATURE, JUST EMAIL THE DETAILS TO EDITORIAL@NEXTHOME.CA
HOT PROPERTIES | OUT OF TOWN
FIND YOUR NEXT HOME
The latest properties in the Out of Town Area to keep your eye on
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nexthome.ca 61
HOT PROPERTIES | SOUTHWESTERN ONTARIO AREA
KITCHENER–WATERLOO
Guelph
Waterloo
Milton
Kitchener
Cambridge
5
Brantford
Hamilto n 11
4
13
1
14
2 12
LONDON
15
London
62 condolife magazine | Oct. 23–Nov. 20, 2021
3
Mississauga
20
17 18
Oakville 19
6
MAPS Match the map numbers with property listings on the following Hot Properties page
7
Burlington
23 10
16
21
St Catharines22
Niagara Falls
8
24
Welland
CARTOGRAPHY: MARKETMAPS.COM
9
nexthome.ca 63
HOT PROPERTIES
FIND YOUR NEXT HOME
The latest properties in the Southwestern Ontario Area to keep your eye on
Legend: HR = High Rise CTH = City Home MR = Mid Rise LO = Loft LR = Low Rise LW= Live Work PH = Penthouse RH = Row Home TH = Townhouse
MAP LOCATION 1.
SITE
TYPE ADDRESS
CONTACT
Ancaster ................................Meadowlands ............................................MR/CTH .................... 559 Garner Rd E ................................................................ elitemdgroup.com
2.
Ancaster ................................Tiffany Hill ......................................................CTH........................ Raymond Rd. & Rymal Rd. ...................................... rosehavenhomes.com
3.
Brampton..............................Duo Condos at the Gateway....................... HR ......................... Steeles Ave. West & McMurchy Ave. South ..........duocondominiums.ca
4.
Brantford...............................Station Sixty Lofts .......................................... MR ......................... 60 Market St. S................................................................... elitemdgroup.com
5.
Burlington ............................Affinity Condos ............................................... MR ......................... Plains Rd. E. & Filmandale Rd. ............................... rosehavenhomes.com
6.
Burlington ............................Millcroft Towns .............................................CTH........................ Appleby Line & Taywood Dr. .............................branthavenmillcroft.com
7.
Burlington ............................Gallery Condos & Lofts ................................ HR ......................... Brant St. & James St. .............................................gallerycondominiums.ca
8.
Fonthill ..................................One Twenty Condos .....................................LR.......................... Rice Rd. & Highway 20 ................................................... mountainview.com
9.
Fonthill ..................................One Fonthill Condominium Collection .. MR ......................... Rice Rd .......................................................................onefonthillcondos.com
10.
Grimsby.................................Odyssey Condos & Towns ..................... HR/CTH .................... Windward Dr. & N Service Rd. ................................ rosehvaenhomes.com
11.
Hamilton ...............................1 Jarvis .............................................................. HR ......................... 1 Jarvis................................................................................................1jarvis.com
12.
Hamilton ...............................Electric Avenue ......................................... HR/CTH .................... Upper James & Rymal Rd............................................... elitemdgroup.com
13.
Hamilton ...............................KiWi Condos ................................................... HR ......................... 212 King William St................................................................kiwicondos.com
14.
Hamilton ...............................Steeltown City Co. ...................................MR/CTH .................... Fennell Ave. E. & Upper Ottawa St. .............................. elitemdgroup.com
15.
London ..................................White Oaks Urban Towns ...........................CTH........................ London ................................................................................ elitemdgroup.com
16.
Niagara Region ...................Lusso Urban Towns ......................................CTH........................ Martindale Rd. & Grapeview Dr. .............................. lucchettahomes.com
17.
Oakville .................................5 North .............................................................. MR ......................... 1388 Dundas St. W. ...................................................... mattamyhomes.com
18.
Oakville .................................Synergy ............................................................ MR ......................... McCraney St. E. & Sixth Line ..............................................branthaven.com
19.
Oakville .................................The Randall Residences ............................... MR ......................... Randall St. & Lakeshore Rd. E. .............................. randallresidences.com
20.
Oakville .................................Upper West Side at Oakvillage .................. MR ......................... 351 Dundas St. E. ................................................. upperwestsidecondos.ca
21.
St. Catharines.......................88 James .......................................................... HR ......................... 88 James ............................................................................ elitemdgroup.com
22.
St. Catharines.......................St. Kitt Urban Towns .....................................CTH........................ Oakdale Avenue & Merritt Street ...............................stkittsurbantowns.ca
23.
Stoney Creek ......................Casa Di Torre .................................................. MR ......................... 980 Queenston Rd................................................................branthaven.com
24.
Welland .................................L’eau ...................................................................LR.......................... 1 Albert St................................................................. info@elitemdgroup.com
MAPS
Locate properties using the map on the previous page
64 condolife magazine | Oct. 23–Nov. 20, 2021
+
BUILDERS IF YOU WOULD LIKE TO INCLUDE YOUR PREVIEW REGISTRATION, NEW RELEASE OR SITE OPENING IN THIS FEATURE, JUST EMAIL THE DETAILS TO EDITORIAL@NEXTHOME.CA
ADVERTISER INDEX — Find ads easily inside this edition 52 Pick Up ................................................................................... 1 6 Access Storage .......................................................................... 2 8 Black & Decker ................................................................... 56, 65 Condo Store, The...................................................................... 1 9 Cullen’s Foods .......................................................................... 21 Duo - National Homes / Brixen............................................ 2,3
Enter our Sign-Up to Win Contest! BLACK+DECKER™ Prize Value: $149.99
Fairmont Royal York ................................................................. 2 8 Focal Point.................................................................................. 2 8 Four Me – Lash Developments ..............................................1 7 Gemma – Pinnacle International ..........................................6 8 Gladstone Media .......................................................................2 0 Graydon Logistics ..................................................................... 2 8 Highway of Heroes ...................................................................2 9 Home + Style Studio Tour ...................................................... 2 8 Hotel Vie ..................................................................................... 6 7 IDRC ............................................................................................. 2 8 Indigo........................................................................................... 2 8 Live Green 2 – Ledgemark Homes................................. 12, 13 McOuat........................................................................................ 1 8 Mirabella – Mirabella Development ............................. 4 5, 57 MRKT Alexandra Park – Tridel ............................................... 5 7 NextHome .................................................................................. 2 8 NKBA ............................................................................................ 5 6 Now .............................................................................................. 2 8
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One Fonthill – Mountainview Building Group ................... 2 1 Oro at Edge Towers – Solmar ......................................... 11, 57 Pinnacle Toronto Cypress – Pinnacle International ......... 57 Reno & Decor ..................................................................... 28, 56 Tridel Premier Collection – Tridel........................................... 9
Enter Online
U.C. Tower 2 – Tribute Communities .................................. 1 5 BUILDERS
Brixen .......................................................................................... 2,3 Lash Developments...................................................................1 7 Ledgemark Homes ............................................................. 12, 13 Mirabella Development .................................................. 4, 5, 57
• Go to renoanddecor.com/contests or scan the QR • Select this contest within the listing and click Enter to Win. For full contest details & rules visit the link above.
Mountainview Building Group ............................................... 2 1 National Homes ....................................................................... 2,3 Pinnacle International .............................................................. 57 Pinnacle International ..............................................................6 8 Solmar ................................................................................... 11, 57 Tribute Communities ........................................................... 9, 15 Tridel ............................................................................................ 5 7
www.blackanddecker.ca |
@blackanddeckerca nexthome.ca 65
ADVICE | INDUSTRY REPORT
NEW BILD AWARDS CATEGORIES DAvE WILkES
This year, the Building Industry and Land Development Association (BILD) has been celebrating its 100th anniversary and the history and the achievements of the association and our industry in the GTA. The BILD Awards, which took place in early October, provided another occasion to mark our centenary, as well as to recognize excellence in the design, construction, marketing and sales of new homes in the GTA, and – with the introduction of three new awards – to look to our industry’s future. For the first time, we presented the Diversity, Equity and Inclusion Award, which recognizes a member company that demonstrates excellence in promoting and enhancing diversity, equity, and inclusion within its own operations and within the industry. Tridel received the inaugural award, for its commitment to building a corporate culture that embraces diversity and proactively addresses racism, while driving change within our industry and promoting social inclusion and cohesion in the communities where it builds. The second new award, the Ignat Kaneff Inspiration Award, was established in the memory of the late “Iggy” Kaneff, the Bulgarianborn founder of Kaneff Group. It is presented to an individual or member company dedicated to supporting newcomers to Canada, by providing them with employment, training
66 condolife magazine | Oct. 23–Nov. 20, 2021
and mentorship opportunities. Jack Torossian, CEO of Golden Bee Homes, received the first Ignat Kaneff Inspiration Award, for his contributions to supporting Syrian newcomers. Our third new award, the Angelo DelZotto Fearless Innovator Award, was named in honour of the late, legendary leader of Tridel. The award celebrates the pursuit of innovation in all forms, including processes, technologies and products, with a positive impact on people, communities and business. The inaugural Angelo DelZotto Fearless Innovator Award was presented to two winners. The first was TACC Group of Companies, for its innovations in engineering, construction infrastructure product design and urban planning. The second winner was Spotlight Development and Urban Capital Property Group, for Reina Condominiums, a project led by the first all-female development team in Canada. In addition to our three new awards, we presented 46 awards in the categories of marketing, architecture, people and sales, and our prestigious Pinnacle category. I cannot do all of these winners justice in this short column, so I invite you to visit bildawards.com for a full list. I would like to mention the recipients of two memorial awards that are particularly meaningful to BILD and to our industry. Lifetime Developments received the Stephen Dupuis Corporate Social Responsibility (CSR) Award, established in the name of the late esteemed BILD President and CEO and presented to a member company
Photo: Tridel
CELEBRATE DIVERSITY, INCLUSION AND INNOVATION
Tridel received BILD’s inaugural Diversity, Equity and Inclusion Award at the 2021 BILD Awards.
or individual who demonstrates commitment to CSR. Johnson Cheng of Cornerstone Marketing Realty received the Riley Brethour Leadership Award, named after the late founder of PMA Brethour Realty and presented to an individual who exemplifies outstanding professional achievement and leadership. Finally, every year, BILD invites GTA residents to help choose the recipient of our People’s Choice Award from among our BILD Awards finalist projects. This year, the People’s Choice Award went to CityPointe Commons in Brampton, by DECO Homes, OPUS Homes, Poetry Living, HBNG Holborn Group and TACC Developments. For a full list of BILD Awards winners, visit bildawards.com. Dave Wilkes is President and CEO of the Building Industry and Land Development Association (BILD), the voice of the homebuilding, land development and professional renovation industry in the GTA. For the latest industry news and new home data, follow BILD on Twitter, @bildgta or visit bildgta.ca.
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