Toronto Condo Life - November 7, 2020

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Greater Toronto Area Nov. 7–Dec. 5, 2020

Greater Toronto’s COMPLETE CONDO GUIDE

INSIDE:

GET THE RIGHT MORTGAGE WHILE RATES ARE STILL LOW

EXCLUSIVE MAP GUIDES TO OVER 600 CONDO DEVELOPMENTS

The home you want is here.

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In the heart of a connected location. Steps from the city’s best. A special place.

An extraordinary opportunity.

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Prices, availability, design and specifications subject to change without notice. E. & O.E. ®Registered trademarks of Concert Properties Ltd. Rendering is artist’s concept.

NOV. 7–DEC. 5, 2020

CONTENTS COVER STORY

26 PLAZA WITH PROJECTS ACROSS THE GTA, PLAZACORP IS SETTING THE STANDARD FOR EXCELLENCE 6 condolife magazine | Nov. 7–Dec. 5, 2020

52

42

DEPARTMENTS

8

Editor’s Note #OntarioStrong

10

Contributors & Masthead

12

Condo Life Online

14

In the Spotlight GTA new home market busy in September: more news on pages 16, 17 and 18

20 Inside the GTA 30 In Conversation With...

Barbara Lawlor

36 Neighbourhood Watch GTA East

58

Locator Maps and Amenity Charts

66 Advertisers Index Want more information? Just ask — and you could win a prize

47 FEATURES

26 COVER STORY PLAZA With projects across the GTA, Plazacorp is setting the standard for excellence

COLUMNS

19

Stat Chat We’re not building enough housing

22

24 Personal Finance How to get the right mortgage while rates are at an all-time low

29 Home Realty Latest real estate numbers speak to renewed consumer confidence

Condo Pro 2020 proves real estate a recession-resistant industry

34 Industry Report Time really is money when it comes to building homes

37

Condo Market Fall and winter bring renewal

Sponsored Content Persevering during the pandemic and supporting condo owners

Legally Speaking The nuts and bolts of closing a deal during a pandemic

32

35

38

The Westerly Tridel and Hollyburn continue Etobicoke neighbourhood transition

40 Rosehaven Homes Award-winning homebuilder extending its reputation into booming new centres

42 Lifetime Developments...

40 INTERIORS

47 Interiors cover 48 Decor: Kitchen trends for 2021

50 Trend Watch:

Bets on Toronto

44 Advertising Feature Design your future lifestyle by rightsizing

46 181 East North York’s newest boutique building by Stafford

Comfort is key

52

Big Style, Small Space: How to choose a mirror for every room

54 Gift Guide: Winter wellness – self care gifts for less than $10

nexthome.ca | myhomepage.ca 7

EDITOR’S NOTE

#ONTARIOSTRONG

WAYNE KARL EDITOR-IN-CHIEF Condo Life Magazine

EMAIL: wayne.karl@nexthome.ca TWITTER: @WayneKarl

+ get social 8 condolife magazine | Nov. 7–Dec. 5, 2020

It may feel like there’s some uncertainty, given the economic and market challenges brought on by COVID-19. But there’s also plenty of reasons to be upbeat about housing.

Case in point, as our story on page 16 illustrates, home price growth in Ontario continues to surge – even in the face of the pandemic.

And it’s not just in Toronto or the GTA. The strong performance is virtually province-wide. Be it in large, traditional markets such as Vaughan, Burlington or Richmond Hill, or in smaller, more emerging areas such as those profiled in our Neighbourhood Watch on page 36, real estate in Ontario is leading the country.

Indeed, of the 25 Ontario markets studied in the Royal LePage House Price Survey and Market Survey Forecast, none of them suffered declines in aggregate median home prices in the third quarter of this year. None of them. On either a quarter-to-quarter basis, or year-to-year.

During the pandemic.

In fact, home price growth in Ontario is among the strongest in all of Canada.

The performance is not limited to the resale market. For new homes in the GTA, September was another strong month, according to the Building Industry and Land Development Association (BILD). Sales of new single-family homes – including detached, linked and semidetached houses and townhouses – totaled 2,334 units, up 168 per cent from September 2019 and 110 per cent above the 10-year average.

Condominium units, including in low-, medium- and highrise buildings, stacked townhouses and loft units, accounted for 2,603 new home sales, up 15 per cent from September 2019 and 33 per cent above the 10-year average.

Why such consistent growth? In a word, desirability – in the fact so many people want to come and live and work in the GTA and elsewhere in the province. Strong and diverse economies produce employment opportunities, which lead to population growth, which means healthy real estate markets.

Ontario is once again proving its real estate mettle. Even during the pandemic.

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CONTRIBUTORS CHIEF REVENUE OFFICER

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

Jacky Hill jacky.hill@nexthome.ca EXECUTIVE MEDIA CONSULTANT

Michael Rosset EDITOR-IN-CHIEF – NATIONAL REAL ESTATE

Susan Legge susan.legge@nexthome.ca EDITOR-IN-CHIEF – GREATER TORONTO AREA

Wayne Karl wayne.karl@nexthome.ca CONDO MARKET | MARK COHEN Mark Cohen is a founding partner of The Condo Store Marketing Systems, a firm specializing in the design, marketing and sales of condo and new home communities in and outside of the GTA. condostorecanada.com mark@condostorecanada.com

MANAGING EDITOR

Rise Levy CONTRIBUTORS

Jesse Abrams, Mark Cohen, Barbara Lawlor, Linda Mazur, Ben Myers, Lisa Rogers, Jayson Schwarz, Dave Wilkes SENIOR VICE-PRESIDENT, SALES NEXTHOME

Hope McLarnon 416.708.7987, hope.mclarnon@nexthome.ca SENIOR MEDIA CONSULTANTS

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

Jessica Wilson 416.873.1049, jessica.wilson@nexthome.ca Natalie Chin 416.881.4288, natalie.chin@nexthome.ca DIGITAL SALES MANAGER

Amanda Bell VICE-PRESIDENT MARKETING – GTA

Leanne Speers SENIOR CLIENT RELATIONS SPECIALIST – GTA

Sonia Presotto DECOR | LINDA MAZUR 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 multidisciplinary design firm is known for creating relaxed, stylish spaces and full-scale design builds within Toronto, the GTA and throughout Canada.

She can be reached by visiting lindamazurdesign.com or @LindaMazurGroup

MANAGER CUSTOMER SALES/SERVICE

Marilyn Watling SALES & MARKETING CO-ORDINATORS

Gary Chilvers, Vi Nguyen HOME SHOW MANAGER & NEWSPAPER CIRCULATION – GTA

Josh Rosset DISTRIBUTION

distributionteam@nexthome.ca ACCOUNTING INQUIRIES

accountingteam@nexthome.ca BIG STYLE SMALL SPACES | LISA ROGERS 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.

DIRECTOR OF PRINT MEDIA

Lauren Reid–Sachs VICE-PRESIDENT PRODUCTION – GTA

Lisa Kelly PRODUCTION MANAGER – GTA

Yvonne Poon GRAPHIC DESIGNER & ASSISTANT MANAGER

Alicesa Pullan GRAPHIC DESIGNER & PRE-PRESS COORDINATOR

Hannah Yarkony 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. bullpenconsutling.ca

GRAPHIC DESIGNERS

Johannah Lorenzo, Mike Terentiev, Alice Wu

Published by

nexthome.ca

LEGALLY SPEAKING | JAYSON SCHWARZ Jayson Schwarz LLM is a Toronto real estate lawyer and partner in the law firm Schwarz Law LLP. He can be reached by visiting schwarzlaw.ca or by email at info@schwarzlaw.ca or phone at 416.486.2040.

BILD REPORT | DAVE WILKES Dave Wilkes is president and CEO of the Building Industry and Land Development Association (BILD), the voice of the home building, land development and professional renovation industry in the GTA. For the latest industry news and new home data, follow BILD on Twitter at @bildgta or visit bildgta.ca

10 condolife magazine | Nov. 7–Dec. 5, 2020

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PROFILE

NEW-HOME BUYERS

In Conversation With…

Scott McLellan, Senior Vice-President, Plaza Scott McLellan knows a thing or two about challenges. The former pro hockey player and NHL scout had earlier navigated his way from a career in pro sports and into the housing industry. Now, as senior vice-president at Plaza, he’s guiding the builder through the pandemic with a sharp focus on customer service.

Need some home shopping advice? These recent new-home buyers share their experiences We asked recent new home and condo buyers to share their experiences, to provide insight that might help other prospective buyers. What and where did they buy, and what went into their decision?

NEW COMMUNITY

Life in full colour comes into vision in downtown Toronto as Tridel launches MRKT Alexandra Park When you’re standing at the cultural epicentre, it doesn’t matter which direction you choose to walk – you’ll find what you’re looking for, and maybe something you weren’t. It’s that unshakable confidence in Toronto’s cultural touchpoints that went into every detail at MRKT Alexandra Park.

MASTER PLANNING

Pinnacle International raises the bar of fine living with SkyTower at Pinnacle One Yonge There’s a difference between what is common and what is extraordinary when it comes to master-planned communities. Pinnacle International aims to redefine the standard for fine urban living. Case in point – SkyTower at its Pinnacle One Yonge development.

INSIGHT

NEIGHBOURHOOD PROFILE

Don’t confuse short-term challenges with long-term opportunities The COVID-19 pandemic has shaken up all of our lives and a significant portion of us are rethinking our housing needs. What does it all mean? It means challenges in the short term, but long term? That’s another matter.

South Core, Toronto – lively, lakefront and prestigious If a lively and active downtown lifestyle is what you’re after, check out Toronto’s South Core. It might also help if you work in the nearby financial district, as residency in this prestigious neighbourhood has its price.

Visit or check us out on 12 condolife magazine | Nov. 7–Dec. 5, 2020

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IN THE SPOTLIGHT

STRONG GTA NEW HOME MARKET PERFORMANCE CONTINUES IN SEPTEMBER September was another busy month for the GTA new home market, according to the Building Industry and Land Development Association (BILD).

Sales of new single-family homes, including detached, linked and semidetached houses and townhouses (excluding stacked townhouses), with 2,334 units sold, were up 168 per cent from last September and 110 per cent above the 10-year average, according to Altus Group, BILD’s official source for new home market intelligence. It was the strongest September for new single-family home sales since 2003.

Condominium units, including units in low-, medium- and highrise buildings, stacked townhouses and loft units, accounted for 2,603 new home sales, up 15 per cent from September 2019 and 33 per cent above the 10-year average.

14 condolife magazine | Nov. 7–Dec. 5, 2020

SEPTEMBER NEW HOME SALES BY MUNICIPALITY Condominium units 2020 2019 2018

Region Durham

Single-family homes 2020 2019 2018

2020

Total 2019

2018

54 25 15 601 143 44 655 168 59

Halton

268 280 41

Peel

1,173 174 131 673 167 53 1,846 341 184

Toronto

548 1,474 1,033

York

560 315 121 828 242 101 1,388 557 222

GTA

195 288 42 463 568 83

37

32

7

585 1,506 1,040

2,603 2,268 1,341 2,334 872 247 4,937 3,140 1,588 Source: Altus Group

“While demand for both highrise and lowrise homes was strong in September, the clear insight of the last few months is how quickly consumer demand can evolve,” says David Wilkes, BILD president and CEO. “We need to make sure that policy and regulations are flexible and adaptable enough to accommodate market demands, from increased demand for lowrise homes to condo units that reflect current market conditions both in size and built form. Recent changes made by the provincial government bring an increased market focus, but translating that to the market at the municipal level will take time.

This is why BILD is encouraging municipalities to start now with the implementation of these new provincial directions.”

“The level of market demand for new housing has remained strong, with year-to-date new home sales up from last year,” says Ryan Wyse, Altus Group’s manager, analytics, Data Solutions. “The single-family home market was very active in September, with particularly strong activity seen at newly launched detached and townhouse communities. To date this year, demand for new single-family homes has outpaced supply.”

The benchmark price for both single-family homes and condominiums rose in September.

The benchmark price for new condo units was $1.01 million, which was up 20.9 per cent over the last 12 months. The benchmark price for new single-family homes was $1.17 million, up 9.1 per cent over the last 12 months.

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IN THE SPOTLIGHT

NO SIGNS OF SLOWDOWN IN HOME PRICE GROWTH Not even a second wave of the pandemic is enough to put the brakes on price appreciation in Canadian real estate markets. This, according to the latest Royal LePage House Price Survey and Market Survey Forecast.

And Ontario, as has been the case for most of the year, continues to be the star performer.

Royal LePage expects the housing market to hold onto gains achieved this quarter, and that prices will end 2020 seven per cent higher than in 2019 – including an 8.5-per-cent hike in the GTA. The aggregate price of a home in Canada increased 8.6 per cent yearover-year to $692,964 in the third quarter, as high demand and low inventory continued to fuel a sellers’ market.

When broken down by housing type, the median price of a standard two-storey home rose 10 per cent year-over-year to $819,906, while bungalows increased seven per cent to $570,701, and condominiums 5.3 per cent to $510,365. Price data includes both resale and new build.

“Typical consumption patterns have been disrupted in 2020 as the pandemic has driven the household savings rate to levels not seen in decades,” says Phil Soper, president and CEO of Royal LePage.

“In urban centres across Canada, housing inventory has failed to keep up with household formation,” Soper says. “Chronic under-supply has created a robust pipeline of potential buyers that currently far outsizes the number of homeowners who may need to sell as a result of COVID-19 related job loss.

GREATER TORONTO AREA

The aggregate price of a home in the GTA increased 11 per cent year-overyear to $922,421 in the third quarter of 2020. When broken down by housing type, the median price of a standard two-storey home increased 12.2 per cent to $1.08 million, while

bungalows rose 10.6 per cent to $887,156 and condominiums 6.8 per cent to $599,826.

Similar strong home price gains were seen in Toronto, where the aggregate price of a home rose 11.1 per cent year-over-year to $975,980.

Standard two-storeys increased 15.5 per cent to $1.48 million, while bungalows rose 11.3 per cent to $974,295 and condominiums 4.9 per cent to $644,903.

The detached home market is outperforming condos, but condo demand is still considered healthy.

Condo sales were up 15 per cent in September 2020 compared to September 2019.

AGGREGATE HOME PRICE GROWTH, Q3, SELECT ONTARIO MARKETS Market GTA

Q3 ‘19

Q2 ‘20

Q3 ’20

Q/Q

Yr/Yr

% chg

% chg

$830,981

$904,813

$922,421

1.9

Barrie

$510,771

$538,765

$557,225

3.4

9.1

Brampton

$731,260

$795,187

$809,211

1.8

10.7

Burlington

$821,783

$850,799

$888,651

4.4

8.1

Guelph

$546,805

$596,159

$604,824

1.5

10.6

Hamilton

$558,488

$607,660

$635,173

4.5

13.7

Kitchener-WaterlooCambridge $511,871

$560,515

$582,945

4.0

13.9

$936,072

$1.03M

$1.05M

1.5

12.2

$761,818

$821,928

$835,261

1.6

9.6

Mississauga

$775,434

$858,898

$879,966

2.5

13.5

Niagara-St. Catharines

Markham Milton

$442,543

$481,934

$501,780

4.1

13.4

Oakville

$1.09M

$1.151M

$1.153M

0.2

5.1

Oshawa

$536,745

$592,838

$617,153

4.1

15.0

$721,681

$750,572

$781,157

4.1

8.2

$1.06M

$1.16M

$1.17M

1.3

10.6

Scarborough

$678,442

$730,948

$749,146

2.5

10.4

Toronto

$878,597

$959,986

$975,980

1.7

11.1

$981,113

$1.06M

$1.09M

3.1

11.4

$675,758

$723,925

$752,537

4.0

11.4

Pickering Richmond Hill

Vaughan Whitby

Source: Royal LePage House Price Survey and Market Survey Forecast

16 condolife magazine | Nov. 7–Dec. 5, 2020

11

In the spotlIght

GTA NEW CONDO SALES REACH RECORD HIGH IN Q3 New condo sales in the GTA reached a new record high in the third quarter of 2020, according to the Q3-2020 Condominium Market Survey from Urbanation Inc., a condo market information and analysis firm.

The total number of new condominium apartment sales in the GTA increased 30 per cent year-overyear in Q3 2020 to 6,370 units – a record high for third quarter activity.

However, after sales in the second quarter declined to a 10-year low, total year-to-date sales were down 22 per cent annually to 13,454 units, 13 per cent below the 10-year average

(15,451 units). Activity in Q3 was concentrated in the 905 region, where sales grew 106 per cent from a year ago to 3,834 units, while Toronto sales declined 16 per cent to 2,536 units.

A total of 6,694 new units were launched for pre-sale in Q3 – a record volume for third quarter launches and representing growth of 162 per cent compared to the 2,556 units launched in Q3 2019. As the resale market was reporting a sharp recovery in sales during the summer, developers ushered in new projects, which were very well received in the market. A 74-per-cent share of new units launched in Q3

were sold by the end of the quarter, increasing from the 63-per-cent share of new launches sold in Q3 2019 and the highest absorption rate for new launches since Q4 2017.

The average selling price for new condos launched in the third quarter was $1,044 per sq. ft., up 3.5 per cent compared to the average price for new launches sold in Q3 2019 ($1,009). A 65-per-cent share of new launches in Q3 2020 was located in 905 areas, which sold on average for $915 per sq. ft., compared to an average of $1,275 per sq. ft. for new launches sold in Toronto.

FOREST HILL PRIVATE RESIDENCES TO BRING BEST-IN-CLASS AMENITIES

Private sales appointments are now available for booking for Altree Developments’ new building, Forest Hill Private Residences. The boutique condominium, located in the coveted Forest Hill neighbourhood, will provide residents access to an extraordinary slate of amenities and concierge services while embodying timeless design and architecture.

Located at 2 Forest Hill Rd., Forest Hill Private Residences will be a ninestorey midrise residential building comprising about 90 units, with a combination of townhomes and condominiums ranging from 750 to

2,400 sq. ft. Prices range from $1.8 million to more than $6 million.

Forest Hill Private Residences will offer residents access to an impressive slate of complimentary amenities, such as a temperature-controlled wine library with sommeliers, an exclusive porte-cochere with valet, a private gym, a 20-seat dining room table, and a tranquil pool with wet and dry saunas. In addition, The Forest Hill Group will offer a-la-carte luxury services such as personal training and massage therapy, along with access to yoga and Pilates instructors, as well as nutritionists.

“With Forest Hill Private Residences, we are catering to the increased demand for a hotel-like lifestyle that provides buyers with best-in-class services at their fingertips,” says President and CEO Zev Mandelbaum.

Architecture studio Graziani & Corazza will incorporate floor-toceiling windows, 10-ft. ceilings and top-of-the-line finishes. Offering both unique indoor and outdoor spaces,

most suites located from the third to ninth floors will have expansive terraces with grand outdoor exposure and remarkable city views.

Forest Hill Private Residences is steps away from Forest Hill Village with local grocery stores, boutiques and hair salons. Residents will also be within blocks of leading private schools, Upper Canada College and The Bishop Strachan School. foresthillresidences.com

nexthome.ca | myhomepage.ca 17

IN THE SPOTLIGHT

MOD DEVELOPMENTS HELPS CELEBRATE HISTORIC COLONIAL TAVERN JAZZ CLUB The location of the former Colonial Tavern on Yonge Street in Toronto will forever be commemorated by a large black granite disc, a permanent landmark on the site of the iconic jazz club. Spearheaded by the Downtown Yonge BIA as part of its Music Strategy, and MOD Developments, developers of the recently completed 60-storey Massey Tower, the granite disc is to be a memorable stop on walking tours celebrating Toronto’s musical heritage.

The Colonial Tavern stood at 201 Yonge St. from 1947 until the late 1970s, before it was bought by the City of Toronto and subsequently torn down in 1987. To celebrate the legacy of the Tavern, in 1996, a record-shaped black granite disc was commissioned, inscribed with the names of 175 music greats who played at the famed club – including jazz legends such as Duke Ellington, Dizzy Gillespie, Miles Davis, Ella Fitzgerald and Canada’s own Oscar Peterson. Originally, the monument stood in a parkette where the Colonial had once been. However, when the City sold the site along with the historic 1905 Canadian Bank of Commerce building to Parasuco Jeans in 1999, the disc went to a City Works yard. As of October 29, 2020, the disc will permanently return to its new home in front of MOD’s recently completed Massey Tower condominium development.

The One Stop Shop for Builder Storytelling mcouatpartnership.com

18 condolife magazine | Nov. 7–Dec. 5, 2020

Left to right, Mark Garner, chief operating officer, Downtown Yonge BIA; Bonnie Lawrence, eldest daughter of Mike Lawrence, owner of the Colonial Tavern; Jay Douglas, musician; and Gary Switzer, CEO of MOD Developments.

“We were surprised – and thrilled – to discover that the disc still existed,” says Gary Switzer, chief executive cfficer of MOD Developments. “It is a natural, beautiful and historical addition to the property. It took a lot of work to integrate the disc into the streetscaping, but it was worth it.

It’s a wonderful complement to the restoration work we did to the heritage bank building.”

“We think it’s important to celebrate the history of music on this block,” adds Noorez Lalani, president of MOD Developments. “Our Massey Tower development included the donation of the Victoria Street frontage to Massey Hall, perhaps the most iconic music venue in Toronto, which allowed them to undertake their current $140-million revitalization.” moddevelopments.com

DUNPAR SUPPORTS LOCAL TOY DRIVE This holiday season, Dunpar Homes and the John Zanini Foundation are working with residents of its Lake Shore Village development to participate in the Second Annual Kelly Marie Atyeo Memorial Holiday Toy Drive in support of the Salvation Army’s Toy Mountain.

Kelly Marie Atyeo passed away last year, and her husband, Joshua Fick, is committed to continuing her desire to help bring happiness to young people during the holiday season.

Dunpar will be placing boxes in three Etobicoke locations to receive the toys, and people are invited to donate a new, recently purchased unwrapped toy in its original packaging by Friday, Nov. 27: Dunpar’s head office at105 Six Point Road; Kingsway Village Square Luxury Rentals, 571 Prince Edward Dr. N.; and Lake Shore Village Model Suite, 33 – 29th St. Toys most needed are boys and girls, ages 10 to 17. dunparhomes.com

ADVICE | STAT CHAT

WE’RE NOT BUILDING ENOUGH HOUSING

YEAH, YOU HEARD ME BEN MYERS

Local builders and developers completed only 27,410 new units in 2019, the lowest level for the Toronto CMA since 1998, per data from Canada Mortgage and Housing Corp. There were less than 12,700 condominium unit completions, the lowest figure since 2012. Completions have picked up this year, with 23,471 through the first nine months of 2020, 17,306 of them being condo suites.

There are a lot of arm-chair analysts out there who will point to the big decline in downtown Toronto rental rates in 2020 (a 15- to 20-per-cent decline per data from rentals.ca), and the increase in resale supply, and say: “See? I told you, too much supply!”

They needed a pandemic to “prove” their oversupply theory. The average rent for a condo downtown is still well more than $2,400 per month; it’s not cheap or affordable despite the huge annual drop. Rents have increased almost every year for 30 years, including during the 2008-09 financial crisis. Yet one year of declines and we’ve decided we have enough housing? Come on, there are people sleeping in tents across the city – there is still a big problem.

These “I told you so” folks were the same people who told you not to buy a Greater Toronto Area condo when the average resale price was $300,000 because it was overvalued – some guy in Edmonton said so! The average price for a GTA condominium

unit was slightly less than $635,000 in September, per Toronto Regional Real Estate Board data, still up 6.6 per cent year-over-year, despite this devastating health crisis. Singledetached resale home prices are up 12.9 per cent annually, and the average price was more than $1.18 million in September 2020. If that doesn’t scream undersupply, I don’t know what does.

Politicians and others point to all the cranes in the sky as a sign that we’re building adequate supply. However, neither cranes nor units is the proper metric to look at.

Analyzing units as a measure of supply over time presents a challenge, as the composition of an average unit has changed drastically over the past 15 years. It’s hard to compare things over time when they’re changing. In the early 2000s, the average home built in the GTA was a 2,500-sq.-ft. single-family home in the suburbs, with three or four bedrooms. In 2019, the average home built is an 800-sq.ft. condominium unit with two bedrooms. So, we’re building a similar number of homes, but we’re delivering considerably less square footage, and way fewer bedrooms. This is contributing to our housing crisis.

Three years ago, the talk was about foreign investors driving up the new home market and new home prices.

The year the new non-resident owner’s tax (2017) was implemented was the highest year for new condo price growth since the 1980s, and 2018 was not far behind it. Foreign buyers are not the problem.

The only way to prevent the housing crisis in our region from getting much worse is to continue to build

at a record pace. It doesn’t mean we need 50-storey towers as far as the eye can see. The planning process and the fees associated with small scale developments have been a killer for small players trying to add gentle density and a couple more apartments to existing neighbourhoods. Four- to six-storey wood-frame apartments in low-density areas can allow for people to age in place, and young professionals to live within walking distance of their parent’s home, and stay in the places they grew up, should they desire to do so.

If you get a flyer in the mail for a new development in your neighbourhood, take the night off from Netflix and go to the public meeting (or the virtual public meetings these days), lend your support for the project and for more housing supply and the jobs that come with them.

Chances are, the latest “solution” to the housing crisis that someone is touting – be it a speculation tax, offshore investor tax or a $3-million home surcharge – is not going to solve our housing crisis. In fact, not much will. The best solution for ensuring that it doesn’t get a lot worse is more housing supply.

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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nexthome.ca | myhomepage.ca 19

#InsidetheGTA GTA

PHOTO: ARTHUR MOLA

by SUSAN LEGGE

10 PRINCE ARTHUR LAUNCHES IN STYLE The team at North Drive took the utmost precautions given the current pandemic at the launch of 10 Prince Arthur. Guests were invited into the tented presentation centre in small groups to not only limit crowd sizes, but also to gain more personal, one-to-one time with the team. Marrying the communities of Yorkville and the Annex, the condominium is a collaboration between the millennial upstart North Drive and world-renowned interior designers and architecture firms. Prices start at $3 million. 10princearthur.com

Stay connected

Here’s a snap of an entranceway under construction for the Science Centre station (formerly Don Mills station), just one of the stops planned for Line 5 Eglinton in north Toronto.

Located at the intersection of Don Mills Road and Eglinton Avenue, where Aspen Ridge’s Crosstown community is also underway, this light rail transit station and mobility hub will be operated by the TTC and will connect to YongeUniversity subway line, making it an ideal location for commuters. Aspen Ridge’s Tower III at Crosstown is previewing now. crosstowncommunity.ca 20 condolife magazine | Nov. 7–Dec. 5, 2020

Things are looking up!

Historical hotel becomes a luxurious Hamilton residence

Spotted this sign in The Distillery District directly above the sales centre for Lanterra Developments’ No. 31 Condominiums on Parliament Street. According to the builder’s website, the 41-storey tower will have approximately 428 units. Lanterra is the name behind projects such as Toy Factory Lofts, ICE Condos and Maple Leaf Square. Schedule an appointment online before you visit. lanterra.com

Penthouses in downtown Hamilton’s beautiful Royal Connaught are now up for grabs. Having hosted prime ministers and famous folks since opening in 1916 as a hotel, the building is being reimagined as a condominium residence by Spallacci Group and Valery Homes. Check out the historical timeline of the building and the vision the builders have for the project online. royalconnaught.com

Bungalow towns in the heart of Uxbridge A country drive to take in the colours of the season led to this sign in Uxbridge.

Brookfield Residential’s Winding Trails bungalow townhome community will be located between the forest and the fairways of Wooden Sticks golf course, right in the heart of the town. Anticipated to launch next year, Winding Trails’ floorplan designs include two- and three-bedroom options up to 2,420 sq. ft.

Registrants will be the first to receive pricing information. brookfieldresidential.com. nexthome.ca | myhomepage.ca 21

ADVICE | LEGALLY SPEAKING

THE NUTS AND BOLTS OF CLOSING THE DEAL IN A PANDEMIC

by JAYSON SCHWARZ LLM, JACQUELINE MONETA JD AND GORDON KALLIO LLB

JAYSON SCHWARZ

Although this has been a very difficult year for many people, properties are still selling and closing every day, and home values continue to rise. One of the matters we have had to address with clients is how to sign documents when they’re not allowed visit the office, and some are scared to have anyone visit their home. One solution is that as of Aug. 1, 2020, Ontario permits the remote commissioning of documents by lawyers and paralegals.

HOW DOES THIS HELP YOU?

If you have ever bought or sold property, you know the stack of paperwork your lawyer presents to you for signature. Some of those documents include statutory declarations which require a commissioner for taking affidavits to administer the oaths.

These are typically important legal documents that have evidentiary value in court, confirm accuracy for government offices or ensure all statements are truthful as they are either sworn under oath or affirmed. One example of a standard declaration is whereby the sellers or buyers confirm they are residents of Canada.

A commissioner is responsible for verifying the client’s identity and witnessing their signature. The 22 condolife magazine | Nov. 7–Dec. 5, 2020

issue during the pandemic has been that it is a requirement that this be conducted in the physical presence of the commissioner.

Remote commissioning now allows clients to sign these documents before a commissioner using video conferencing software.

Now you can swear or affirm these documents and execute all the others remotely.

POTENTIAL RISKS

While this has certainly helped close deals despite the pandemic, there are some.

1. Fraud and identity theft: Where in-person meetings between the commissioner and the client are reduced or eliminated, there can be greater risks of fraud and identity theft.

2. Undue influence: There is a greater risk that undue influence will go undetected when commissioning documents using audio video technology. The commissioner may not be able to sufficiently assess whether there is anyone off-screen influencing or coercing the client.

3. Technological limitations/ uncertainty: Given varying video quality and network connections, as well as the fact that live streaming video and audio can be manipulated, it may be very difficult for a commissioner to confidently verify the distinct attributes of the document commissioned.

POTENTIAL GAIN

However, the use of audio video technology also means several advantages.

1. Deals are able to close; 2. The client and the lawyer stay healthy and avoid potential COVID-19 transmission; 3. We are able to bring a degree of normalcy to an abnormal world and continue to contribute to the economic progress and survival of the country; and 4. We can help investors who reside outside Ontario, without having to use a power of attorney.

BOTTOM LINE

The Law Society of Ontario has made these arrangements to accommodate necessary transactions. It may cause more work and time required to prepare the file and execute, but ultimately, our lawyers at Schwarz Law LLP are here for you when you need us most.

Jayson Schwarz LLM, Jacqueline Moneta and Gordon Kallio are with Schwarz Law LLP. To suggest topics for future columns or ask questions, visit schwarzlaw.ca or email info@schwarzlaw.ca.

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ADVICE | PERSONAL FINANCE

HOW TO GET THE RIGHT MORTGAGE WHILE RATES ARE AT

ALL-TIME LOWS can benefit, as well as which lenders and mortgages offer them.

For example, features to consider include portability, prepayment privileges and prepayment penalties.

Each of these factors is helpful when comparing lenders and offer a host of benefits that could save you more money in the long term. Although low rates can be enticing, having a full featured mortgage will give you better flexibility and offer more ways to utilize your money in the future.

JESSE ABRAMS

Over the course of the year, mortgage rates have hit an all-time low, with many dropping below the two-per-cent mark. As a result, this has sparked a lot of interest and homebuying activity in Canadian real estate markets. However, it’s important to emphasize that the lowest rate option isn’t always the best mortgage option. If you’re in the market to buy a home right now, it’s worthwhile to look beyond just the rate and understand how to properly navigate this environment.

You would be surprised how many lender options and mortgage features are available that can save you thousands of dollars over the long term.

WHY ARE RATES SO LOW?

The low interest rates are a direct result of the COVID-19 pandemic and the fear of its impact on the Canadian housing market. To protect the economy, the government of Canada stepped in to stimulate homebuying activity, which resulted in this significant drop in rates. With banks and other financial institutions lending at such low rates, this has made borrowing money easier and homeownership more attainable.

WHICH MORTGAGE IS RIGHT FOR YOU?

In this type of environment, you’ll often find that lenders promote their competitive rates in order to stand out. However, before you make any 24 condolife magazine | Nov. 7–Dec. 5, 2020

decisions, it’s a good idea to speak to an unbiased mortgage advisor who can explain the difference between rates, educate you on key mortgage features and give you the full picture of various lenders in the marketplace.

Having someone to walk you through this process will help you make a well-informed decision and choose a mortgage option that best suits your circumstances and longterm goals.

KEY MORTGAGE FEATURES TO LOOK FOR

While searching for a low rate is a common place to start, it’s not the only factor to take into consideration. In some cases, a lender may have a low rate but high penalties for changing or breaking a mortgage early. If refinancing or making a lump sum prepayment is something you intend to do, you could find yourself paying up to $20,000 to $30,000 in penalties. It’s important to note that with certain lenders, penalties can be much smaller. Often more than two to three times lower.

To avoid this scenario entirely, it’s critical to understand the different mortgage features and how you

BENEFIT OF SHOPPING AROUND

Many people assume that getting a mortgage with the big banks is the best option, but that’s often not the case. No two lenders are ever the same, and by broadening your search, you can increase your chances of finding a mortgage that best suits your unique situation and saves you the most money.

Over the last few months, our team at Homewise has been incredibly busy offering unbiased advice and helping homebuyers explore their options and shop different lenders. Working with more than 30 banks and lenders, our advisors walk people through the process of understanding all of the options and features available, so they can find what’s right for them and get the most out of their mortgage.

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

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COVER STORY

PLAZA WITH PROJECTS ACROSS THE GTA, PLAZACORP IS SETTING THE STANDARD FOR EXCELLENCE Over the last decade and a half, Plaza has established itself as one of the Toronto area’s premiere condominium developers, and has set the standard for excellence in customer service.

Despite uncertain times due to COVID-19, 2020 has been a productive and fruitful year for Plaza, with nine condo towers in various stages, and the launch of its new lowrise division. For the second time in three years, Plaza was named 26 condolife magazine | Nov. 7–Dec. 5, 2020

Tarion’s Highrise Builder of the Year at the Homeowners’ Choice Awards.

The company’s reputation and high standards have been carefully cultivated over the last 15 years, says Scott McLellan, senior vice-president of Plaza. “As land opportunities and venture partnerships became more available to us, we wanted to make it known to the buying population and brokerage community that our product and our service to our customers was

going to be outstanding.”

That commitment, as well as challenging its consultants and architects to take the look and feel of Plaza buildings to another level, was integral in building a successful brand.

Plaza strives to deliver suites with zero deficiencies and only uses skilled, licensed trades for every project. In 2019, it had an average of less than one deficiency per suite.

Plaza has been discriminating about its sites.

Bijou

Midtown Indoor Lounge

50 Wellesley

Midtown

“We look for locations on transit lines or close to 400 series highways,” says McLellan. “We knew it was important to be in locations where public transportation would be easily accessible.”

Plaza’s Bijou on Bloor, for example, is a 12-storey boutique condo, steps from the TTC in the heart of up-andcoming Bloor West, renowned for its excellent schools, retail shopping district and vibrant food scene. High Park is just a short walk away. This west-end urban neighbourhood is characterized by wide, treelined streets and older homes with welcoming front porches. What has been lacking in the area is housing choices that bridge the gap between lowrise homes and highrise units – until now.

Bijou on Bloor will fill that niche,

offering intimate, upscale midrise living just steps from the subway.

The contemporary, stylish building has been designed by Quadrangle Architects to complement the surrounding residential neighbourhood. “Bijou will be a jewellery box on Bloor West, the fashion district of Canada,” says McLellan. “It’s an existing vibrant neighbourhood but close to the downtown core. It’s really a unique place.”

The Plaza team worked closely in collaboration with the Bloor West community and the City, and the result is an intimate building that honours the integrity of the neighbourhood. Each aspect of Bijou on Bloor has been thoughtfully planned with quality at the forefront.

Its interiors and amenities are

nexthome.ca | myhomepage.ca 27

King East Estates

Encore/Theatre District

28 condolife magazine | Nov. 7–Dec. 5, 2020

modelled after five-star hotels. Many suites have private terraces, and views to the north will look out over the green canopy of surrounding streets and the Humber River Valley. Southfacing views take in Lake Ontario and the CN Tower.

“Bijou is an interesting one, set on top of the subway line in South Kingsway, that was an underserviced area,” says McLellan. “We’d heard from people asking when someone was going to build a condo with larger units, So Bijou has an average suite size of 1,000 square feet.”

Encore at Theatre District, the follow-up to Plaza’s sold-out Theatre District Condos, is a 48-storey tower with private residences and hotel suites, ideal for urbanites who appreciate culture, entertainment, fine dining and a sophisticated lifestyle. “The Entertainment District is becoming an increasingly popular place to live,” says McLellan. “People want to be part of the energy of the area, close to great restaurants, theatres, TIFF and Billy Bishop Airport.”

Plaza Midtown is in Yonge-Eglinton, another highly popular Toronto neighbourhood with transit, upscale shopping, restos, pubs and bars in its vibrant hub, as well as quiet treelined streets.

Although it continues to be primarily a Toronto builder, Plaza has ventured into key 905 communities, including Vaughan and Mississauga

and has met with resounding success. “In Mississauga, we’re right at centre ice again with our Mississauga Square project and in Vaughan, The Met is in the new Vaughan Metropolitan Centre with the subway station,” says McLellan.

Plaza chose another prestigious 905 location, on the Richmond HillKing City boundary, to launch its first major lowrise project. King City Estates is a collection of 255 towns, semis and detached homes on a 30-acre site, with about half of the homes released in the first phase already sold. Plaza is also taking registrations for two Toronto infill townhouse projects coming soon, The Briar in desirable Lytton Park and Fairfield Towns at Bloor and Islington.

And of course, Plaza continues to be a major player in the condominium market in key locations, and McLellan predicts there will be pent-up demand for real estate once the pandemic is over.

“We have launches coming, including in Vaughan in the VMC, a new tower at Yonge and Finch close to the subway, and we have a mixed-use project with 620 suites at 400 King West on the site of the old Mountain Equipment Co-op that we’re excited about,” he says.

For more information visit plazacorp.com.

ADVICE | HomE REAlty

LATEST REAL ESTATE Numbers SpEAk To REnEwEd coNsumer coNfideNce

dEbbiE CoSiC Many documented sources say that rising home and condo sales, along with rising prices, lead to economic growth. These parameters speak to consumer confidence, because when people see the value of their assets rise, they feel more comfortable spending in other areas. It’s called the wealth effect – and considering how prices of lowrise homes and condominiums have risen over the past decade, along with the imbalance of supply and demand, it’s easy to understand why this is happening in Toronto and the GTA. The Toronto Region Real Estate Board (TRREB) reported that in August, resale residential sales were up by 40.3 per cent compared to August 2019, and the MLS Home Price Index Composite Benchmark was up by 11.1 per cent over that same time period. At the time of writing, the Altus Group statistics for new home and condominium sales were not yet available, but July showed the

“

You will be investing in your future and the economy of the GTA, Ontario and Canada.

”

strongest overall sales for that month since 2007. The benchmark price for new condos was $993,811, up 18.5 per cent over the previous 12 months, and for single-family homes was $1.18 million, up 8.3 per cent over the previous 12 months. All of that was in the face of our slow recovery from the pandemic.

To say this bodes well for the future of real estate is an understatement.

There is a lot of pent-up demand for new homes and condominiums, as many people decided to wait out COVID-19 before taking that major life step. After a few months, they realized this virus isn’t something that will go away overnight – and encouraged by the statistics, they decided to go ahead and buy. Another factor in the sales surges in July and August has to do with COVID-19. Far fewer residents went on vacation, because of travel restrictions. They had time to look around and examine the possibilities, whether it was for a principal residence or an investment.

Regardless of the time of year and economic conditions, people buy homes and condominium suites because their life circumstances change or they decide to add real estate to their financial portfolio.

Buying new brings with it some advantages, such as warranty coverage and the ability to select features and finishes that place your personal stamp on your surroundings.

Condos also appeal for financial attainability and the convenience of the lifestyle they offer. Builders and developers are offering new communities in excellent locations close to amenities, even in the 905

areas. We are fortunate to have such an appealing array of choices available. Judging by the recent statistics, especially those about prices rising, if you have buying a home or condo in your sights for this fall or winter, you would be wise to do it soon. You will be investing in your future and the economy of the GTA, Ontario and Canada.

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

+moRE coNTeNT onLinE nexthome.ca

nexthome.ca | myhomepage.ca 29

IN CONVERSATION WITH...

BARBARA LAWLOR pRESidEnT, bAkER REAL ESTATE inC. bY wAYnE kARL

She never missed a beat. Sitting, preparing her remarks at a recent groundbreaking event in Toronto, Barbara Lawlor greeted an oncoming visitor she hadn’t seen for ages…

Without hesitating, she stood, extended a smile and an appropriately socially distanced warm welcoming, and chatted for a few minutes.

Then back to reviewing her speech – for an opening attended by the deputy mayor of Toronto and other dignitaries, no less. No pressure. It all comes with the territory for the president of Baker Real Estate Inc., a Toronto-based brokerage specializing in the sales and marketing of new master-planned communities, condos and other properties. When you’re used to dealing with some of the leading developers, not just in the GTA but elsewhere in Canada and even in Shanghai, a brief interruption is but a minor challenge.

A recipient of the prestigious Riley Brethour Award at the 2017 BILD 30 condolife magazine | Nov. 7–Dec. 5, 2020

Awards, Lawlor shares her insights into the new home industry – and how she expects it to excel during these challenging times.

How do you see the new home business these days? It’s certainly an interesting time, to say the least…

Yes, talk about a unique set of circumstances – and I am proud to say that our industry has risen to the challenge. We did a great job coping with COVID-19 by going virtual, which was a big difference from 2008 and 2009. Back then, sales came to a standstill; in 2020, we applied ourselves through technology and sold homes and condominiums throughout. Then, in July and August, sales came roaring back. Overall, for those of us who were around during the 2008-09 crisis, this pandemic was a completely different experience.

A lot of it has to do with the new construction condominium business

model. End-users and investors know they can put their money down today and watch their equity grow over the next few years. People also have tremendous confidence in Toronto and the GTA. Once immigration is back to its normal pace, we will see areas grow again. Toronto is a young international city, which is poised to continue attracting new residents.

You must have seen a ton of changes in the business over the years. What would you say are some of the most significant?

Technology! It has been the biggest game-changer in my career. Technology has brought the world closer together in terms of conducting business, which we can now do at the press of a button.

Money can be wired internationally, and a deal can be signed online. Baker has always invested heavily in our proprietary technology, and we will continue to do so in 2021. We have

sophisticated virtual presentations helping us to continue to sell.

Any changes you’re glad happened… the end of the high interest rates of the late 1980s, improving product quality or innovation, something regarding policy…?

I have to say, our Canadian banking process has risen to economic challenges. A few years ago, our conservative procedures and policies kept us from the quagmire the U.S. found itself in, with people obtaining mortgages who could not afford them. I am proud of our Canadian banking system. In addition, the Bank of Canada has recognized what was, and is, needed to keep the economy afloat, and our historically low mortgage interest rates have had a massive positive effect on real estate.

At the moment, the popular five-year rate is below two per cent. This is unprecedented, considering the times.

Some sources are saying buyers may increasingly favour lowrise homes with more room, larger lots and work-fromhome spaces, given concerns about COVID-19. What are your thoughts on this ‘trend’?

Historically, people have always been attracted to cities. That’s not going to change, even with the pandemic.

There is a reason people gravitate to

cities – the social aspects of living close to others, lifestyle options, amenities, activities, events and the like, all within easy reach. With public transit so available, it is possible, and popular, for city-dwellers to not own a gas-guzzling vehicle. That alone saves thousands of dollars every year in insurance, maintenance, repairs and gas. Once our health crisis has been averted, people en masse will want the convenient lifestyle of condos in urban areas again.

Also, this is about price. Lowrise homes on larger lots usually cost more. Not everyone can afford to increase their housing spending. We have seen an increase in seasonal vacation homes, but those are typically with the top 10 per cent of the population – those who have the resources to afford them.

Working from home will have a larger place in the big picture, but a new norm will emerge.

What other longer-term affects might we see as a result of the pandemic?

Once the health aspect is resolved, I don’t see the trend toward moving out of our cities continuing. There is a certain creative dynamic that is missing when people don’t meet face to face. However, homebuilders and condo developers are already making strides in designing flex spaces that can serve as home offices.

What would you say are some of the best homebuying opportunities these days?

I’ve always believed you should buy in the best location you can afford. To me, that means as close as possible to a transit hub in the city you are considering. When the market shakes, it shakes from the outside in. That hasn’t changed. Proximity to a transit hub still rules.

Affordability is a growing concern, particularly for first-time buyers. What advice would you have for these would-be buyers?

Explore every avenue and get into the market as soon as possible, while mortgage interest rates are historically low and prices keep going up. Do whatever you can to buy the most you can. Check what government help is in place in the form of tax credits, RRSP withdrawal allowances and GST/HST rebates.

Find out about potential incentives from developers.

Can your family help with the down payment? Might you co-purchase a suite or home with a friend or relative? And remember, even if your first home purchase is a compact condo because of affordability, even the most compact suite designs “live” larger than their square footage. And isn’t living in a studio layout at a good address better than paying someone else’s mortgage with rent?

on a personal note My biggest inspiration in this business is: People! They are everything. I am inspired by the many groups who cross my path in sales, marketing, architecture, heritage, creative agencies, developers and brokers. Communication across all levels is critical in our great industry, and from experience, I know that listening is more important than talking. When we work together, great things happen.

If I wasn’t in new home marketing and sales, I would be: An architect. I am fascinated by architecture, and I have enjoyed travelling the world and seeing various architectural styles in our great cities. The idea of how buildings are conceived and designed fascinates me.

When I’m not at the office (real or home), I am: Walking my Siberian Husky, Rocky, on the Nipissing Ridge Trail. He’s been with me for 12 years – an old guy, but still as handsome as ever. That forested trail is one of my favourite walks.

nexthome.ca | myhomepage.ca 31

ADVICE | CONDO PRO

2020 PROVES REAL ESTATE A RECESSION-RESISTANT INDUSTRY

BARBARA LAWLOR

Real estate is a cyclical industry, and over the past few decades, we have certainly seen our ups and downs.

Even during the ups, some naysayers in the media have predicted doom and gloom – and they are back again. When COVID-19 hit, sales slowed down for all types of housing, including new condominiums, but prices kept going up. Now, we’re back in business in full force, with sales reaching new heights. Predictions of a frenzy-driven bust hardly seem believable, considering our history of resilience.

Aside from the recession of the late 1980s and early 1990s, when new condominium buying came to a standstill, the market has bounced back. We always do. And remember that back then, mortgage interest rates were well into two digits. It was more of a banking crisis than anything else. The statement that first-time homebuyers cannot afford to get into the market nowadays and should give up the dream of homeownership is false. People buy their first homes, often new condominiums, every day.

It’s amazing how creative first-time buyers can be. Some receive financial help from their parents or other family members and use money from their RRSPs. Choosing to live in a condo on a public transportation route means not needing to own a vehicle, saving thousands of dollars a year on buying a vehicle; maintaining, insuring and repairing it; and purchasing gas. Some first-time buyers who would love a two-bedroom suite opt to get their foot in the homeownership market

32 condolife magazine | Nov. 7–Dec. 5, 2020

JAC Condos by Graywood Developments and Phantom Developments.

by choosing a studio instead and moving up later on. We even see young people co-purchasing with a family member, or more recently a friend, to enter the market and earn equity. The wonderful thing about a condominium is that in this vertical community; those who own compact studios interact daily with and share amenities with penthouse owners, so it is like a great equalizer for people of all ages and backgrounds.

Remember, too, that buying a home or condo contributes toward our economy as a whole. Housing is a huge job-creator. According to BILD, every year, the building, development and professional renovation industry creates hundreds of thousands of jobs and contributes billions of dollars to the local, provincial and national economy.

Keep in mind, as well, that for the past few years while mortgage interest rates have been historically low, more people have been buying real estate, including investors who recognize the value in owning. This trend is not some mad rush after COVID. Real estate has always led the charge in recovery after any recession since the Great Depression.

It is happening again now, which is not a surprise to those of us who have worked in the industry for decades. Our industry is resilient, and real estate as a lifestyle or financial investment is resilient.

It is our experience at Baker Real Estate that people come here to Toronto and the Greater Toronto Area from all over the world to realize the dream of homeownership. It is still attainable for far more buyers than the doom-and-gloomers would have you believe.

Barbara Lawlor is President and 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. Having received numerous awards and accolades, she is an in-demand columnist and speaker well respected for her impactful industry voice.

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ADVICE | INDUSTRY REPORT

TIME REALLY IS MONEY WHEN IT COMES TO BUILDING HOMES

DAVE WILKES

I often talk about the timeframes of municipal building approvals as one of the key factors contributing to the housing supply and affordability challenge in the GTA. Now, thanks to a new municipal benchmarking study compiled by Altus Group for BILD, we can quantify exactly how long municipal approvals take and how much delays add to the cost of a typical single-family home or condo unit in the region. As you will see, the time periods can be measured in years and the cost implications in the tens of thousands of dollars.

The study, published by BILD in late September, examines 18 municipalities in the GTA. The Canadian Home Builders’ Association published a similar study looking at 23 municipalities from coast to coast.

The key question both studies seek to answer is “How are municipal processes affecting housing affordability and supply?” They also attempt to glean transferable best

“

The study found that average municipal approval times for single applications across the GTA stretched well in excess of the maximum times allowable under provincial legislation.

”

34 condolife magazine | Nov. 7–Dec. 5, 2020

practices to improve efficiencies and processes.

To ensure an accurate analysis, the BILD study measured only the time from once the municipality had deemed the application complete to municipal approval – in other words, the time required for the municipality to process the application. In addition, the study looked only at timeframes for single applications, whereas a typical homebuilding project will require multiple types of applications, rendering the actual approval timeframe much longer.

The study found that average municipal approval times for single applications across the GTA stretched well in excess of the maximum times allowable under provincial legislation. In the case of one municipality, the approval time for an application stretched 29 months longer than the maximum legislated approval timeframe. Only two of the 18 municipalities examined have approval performance approaching the provincial requirements.

The study also found that for each month of red tape, additional costs accrued to the projects waiting for approval, in the form of taxes payable on vacant land, increases to municipal charges and fees, carrying costs of loans such as interest, and inflation on construction costs or labour wages.

In the GTA, these costs averaged approximately $2.21 per sq. ft. per month for a highrise unit, and $1.46 per sq. ft. per month for a lowrise home. While that might not sound like a lot, it can add between $58,000 and $87,000 for a typical 2,000-sq.ft. single-family home and between $44,000 and $66,000 for a highrise unit in the GTA. Lastly, the study identified a number of best practices that some

cities and towns in the GTA are implementing to streamline their processes and improve approval times. As BILD continues to focus on housing supply and affordability challenges in the region, we are sharing the study with our municipal partners and encouraging them to adopt some of the key insights.

When it comes to home building, time really is money.

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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SPONSORED CONTENT

Persevering during the pandemic and supporting condo owners

by ROBIN DAFOE

I

t is no secret that the COVID-19 pandemic presented a challenge unlike any other for organizations across almost every sector. Many were forced to focus entirely on adapting to the current situation, which meant finding alternate ways of doing business, ensuring the health and safety of their staff, or simply staying afloat.

Here at the CAO, we were fortunate to already be working in a digital model. However, like others, we were not entirely immune to the operational challenges of COVID-19 and had to shift our focus to providing new resources and assistance to owners and condo communities during the pandemic. At the same time, as we entered our fourth year of operations, we were scheduled to complete several major upgrades to our digital services.

In keeping with our user-centric goals, our website was updated to provide a more intuitive navigation experience. Key among its enhancements were the updates to the Issues and Solutions materials, which provide step-by-step guidance to help owners and condo communities better understand common condo issues so they can work together to resolve them before they escalate into disputes.

Another new feature was the CAO Subscription for Owners (see below for sign up), which was introduced to reach more owners directly and provide them with regular information and updates.

The highly anticipated jurisdictional expansion of the Condominium Authority Tribunal (CAT) saw significant upgrades to our online platform to support cases involving three or more parties, as well as witnesses and intervenors – another Canadian first for the organization. In addition to the current Records-Related disputes, applications can now be filed for disputes about provisions in the corporation’s governing documents related to Pets and Animals, Vehicles, and Parking and Storage, as well as indemnification or compensation related to those three items.

Our 2020 Annual Meeting was held virtually and was well attended by owners and the broader condo community. At the meeting, we were pleased to welcome four new elected directors to our Board: Mary Throop, Larry Banack, Allison Scanlan and Erik Levinson. A priority for this newly constituted board will be developing a new strategic plan to set the direction of the

CAO for the next few years and continue the transition towards a steady-state organization.

Importantly, we participated in the Auditor General of Ontario’s value-for-money audit, which will help to guide the CAO’s work going forward. While we have achieved a great deal in the first few years of operation, we appreciate the work of the Auditor General’s team and look forward to receiving – and learning from – the report in the fall.

Throughout the pandemic, we embraced our digital model even further to provide service continuity and uninterrupted access to our resources across the province. We monitored ongoing updates to provincial health and safety regulations, and responded with new information to help owners and directors understand how those updates applied to their condo community. Included in this new material is our Masks and Face Coverings resource and a guide for conducting owners’ meetings safely during the pandemic.

Regular updates will continue as we navigate these challenging times together.

Upcoming are some of our newly mandated responsibilities, including digitizing condo forms that were delegated to us by the Ministry of Government and Consumer Services, and developing a new Condo Buyers’ Guide for purchasers of new and resale residential condo units.

At this mid-point of our fiscal year, it is important to reflect on this unusual period of working and connecting remotely. I would like to extend my sincere appreciation to our Board of Condominium Directors for their guidance, to our Authority of partners at the Ministry, and especially Ontario to our dedicated staff, who have adapted and delivered so admirably. Similarly, I would like to acknowledge the efforts of everyone in condo communities across Ontario who have worked tirelessly to ensure that owners and residents can enjoy living safely in their home during these unprecedented times.

In our efforts to connect with owners across the province, we encourage you to share this article with other owners and members of your own condo community. They can sign-up by visiting cao.microsoftcrmportals.com/en-us/subscribe/ nexthome.ca | myhomepage.ca 35

NEIGHBOURHOOD WATCH

EAST GTA A GROWING HOMEBUYER DESTINATION

by WAYNE KARL

If recent predictions about more homebuyers looking outside the downtown core in a post-pandemic world prove accurate, east GTA might just be one of the chief beneficiaries.

Communities such as Pickering, Whitby, Ajax and Oshawa have plenty going for them in their own right – close enough to Toronto to be benefit from easy transit and highway access, but also sufficiently distant to boast their own small-town feel.

Indeed, in its Fall Market Outlook Report, ReMax cites Durham Region as an area poised for strong growth, post-COVID-19. In fact, the realty firm expects Durham to be one of the hottest markets in Ontario for the balance of the year, forecasting a 14-per-cent increase in average residential prices, compared to just six per cent for Ontario overall.

Another realty firm, Royal LePage, shows strong home price growth for the third quarter in all communities in east GTA:

Aggregate home price growth, Q3, select Ontario markets Market

Q3 ‘19

Q2 ‘20

Q3 ’20

Q/Q % chg

Yr/Yr % chg

Ajax

$663,117

$717,329

$733,693

2.3

10.6

Oshawa

$536,745

$592,838

$617,153

4.1

15.0

Pickering

$721,681

$750,572

$781,157

4.1

8.2

Whitby

$675,758

$723,925

$752,537

4.0

11.4

SOURCE: ROYAL LEPAGE HOUSE PRICE SURVEY AND MARKET SURVEY FORECAST

As for the new home market, the Building Industry and Land Development Association reports new condo sales in Durham are also on the rise – to 54 units in September 2020, compared to 25 in September 2019 and just 15 in 2018.

What’s the appeal in the east? Convenient natural location just east of Toronto along Hwy. 401 is among the reasons, with Pickering just 40 km from downtown, Ajax 46, Whitby 59 and Oshawa 62. Living in these areas and commuting into the city is a real option – particularly with recent GO Transit improvements and the expansion of Hwy. 407.

EXPANDING ATTRACTIONS

As with any growing municipalities, these areas also offer expanding amenity and retail options. The Oshawa Centre, for example, is the largest shopping complex in Durham and is home to more than 230 outlets. And in downtown Oshawa, of course, there’s a variety of unique shops and restaurants.

Nature is also front and centre, as Oshawa is home to wildlife preserves such as the Pumphouse Marsh, Second Marsh and McLaughlin Bay Wildlife Reserve. Oshawa Botanical Gardens boasts North America’s largest contemporary peony collection, and on Oshawa’s Lake Ontario shoreline, Lakeview Park offers many picnic areas, playgrounds, sports fields, a waterfront pier and sandy beaches.

In Whitby, more than 100 parks and more than 60 kilometres of trails, including the Bio-Diversity Trail, the Cullen Central Park Trails, Otter Creek Trail and the Whitby Shores Waterfront Trail, await residents. The 670-acre Lynde Shores Conservation area is known for its wildlife and provides habitat for nesting birds.

36 condolife magazine | Nov. 7–Dec. 5, 2020

+ LOCATION, LOCATION, LOCATION Located east of Toronto, east GTA comprises Pickering, 40 km from Toronto, population 91,771; Ajax 46 km, population 121,780; Whitby 59 km, population 128,377; Oshawa 62 km, population 159,458.

KEY LANDMARKS Casino Ajax Claremont Conservation Area Frenchman’s Bay Greenwood Conservation Area Petticoat Creek Pickering Town Centre Veterans’ Point Garden SELECT HOUSING DEVELOPMENTS Amica Pickering

By Amica amica.ca Axess Condos Liberty Hamlets Inc. axesscondos.ca FourSixteen Condos

By Kaleido Corp.

416whitby.com Rossland Condo Karmina Developments karminadevelopments.com The Charlotte

By Castleview 500 Developments charlottewhitby.ca UC Tower Condos

By Tribute Communities uctowercondo.ca

ADVICE | CONDO MARKET

FALL AND WINTER BRINGS

RENEWAL MARK COHEN

It was quite an upside-down spring and summer. The natural, carefree rhythms of these seasons, this year, felt… different. Working in the land development industry for 36 years through market roller coasters such as SARS, 9/11 and a global recession, I was recently asked over and over by colleagues – including developers, architects, engineers and investors – “What happens next? What can we expect? Where do we go from here?”

We live in a great country, province, region and city that cares about its people, is adaptive, resilient and is constantly innovating to meet our ever-changing wants and needs from a pre-construction real estate perspective.

The third quarter of 2020 was evidence of this. Many successful condo, townhome and single-family home launches occurred in western, eastern, and southern Ontario, and a lot of real estate exchanged hands.

Changing consumer needs and wants, be they downsizing, upsizing, right-sizing, shifting to new ways of living and working from home, or a desire to own a second home outside, resulted in more transactions even in markets that historically sold at a slower pace.

Suddenly, it was necessary to become an expert in all things Oshawa, Courtice, Innisfil, Georgina, Grimsby and Brantford, in addition to knowing all the exciting features, finishes and amenities being offered in higher profile sites in Brampton, Mississauga, Vaughan, Etobicoke and

yes, downtown Toronto. History tells us not to write off the core.

Currently, there are many great preconstruction opportunities accessible to more people than ever before.

Product types for a wider array of budgets are popping up in new, upand-coming locations underpinned by new and improved infrastructure – such as highway expansion, direct GO Train service and telecom bandwidth.

Working from home, enjoying Ontario’s great outdoors with access to woodlands, wineries and waterways has never been easier.

I came to know and appreciate access to woodlands and water this past spring and summer. Near and dear to me is a second home I purchased north of Barrie, near Washago, two years ago. As the pandemic hit downtown Toronto (where I live most of the time), my second home became my first home.

Meanwhile, I did a lot of research to get to know Barrie, Orillia and Washago. And I golfed.

It is ironic that in a global pandemic, I became healthier because my second home office was located next to so many world-class golf courses. I was more active, had more energy and was better equipped to focus on work after walking courses in and around the area.

I found myself in Barrie. A lot.

Barrie is one of Ontario’s best kept secrets, but likely won’t be for much longer. A world-class waterfront, amazing restaurants (many with great patios), four-season recreation… it is city whose moment in the spotlight has come.

Downtown Barrie is undergoing redevelopment to prepare for future growth. A $450-million renovation to Royal Victoria Hospital

Debut Waterfront Residences in Barrie

(government investment is often a precursor to expansion), major spending to improve Hwy. 400 access and a community-focused and entrepreneurial spirit are just some of the highlights.

If I did have a crystal ball, it would say “invest in future-proofed locations and projects.” One that springs to mind is Debut Waterfront Residences,

by Silverberg Real Estate and Barrie Waterfront Developments, along the shores of Lake Simcoe in downtown Barrie. Brilliant architecture, every amenity you could want, optimal suite design to work from home… all in a city on the verge of a boom.

With such developments and infrastructure investment, the future looks bright, indeed.

Mark Cohen is a founding partner of The Condo Store Marketing Systems, a firm specializing in the design, marketing and sales of condo and new home communities in and outside of the GTA. condostorecanada.com mark@condostorecanada.com

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nexthome.ca | myhomepage.ca 37

BUILDER PROFILE | ETOBICOKE

WESTERLY TRIDEL AND HOLLYBURN CONTINUE NEIGHBOURHOOD TRANSFORMATION WITH WESTERLY With a record of success already established in the city’s west end, Tridel is returning to the rapidly changing Etobicoke with the debut of Westerly, in partnership with Hollyburn Properties. The two-tower site includes ownership and rental opportunities, with the condominium residences rising 20 storeys. A collection of 257 suites ranges from one- to three-bedroom floorplans with sizes that span 502 to 1,120 sq. ft. Similarly, a 27-storey purpose-built rental tower will also feature one-, two- and three-bedroom suites.

Envisioned by Kirkor Architects, the tower’s facade is punctuated by a series of vertical fins and sharp edges, conspiring to deliver a unique, undulated facade. A light colour palette, large punched windows and corner balconies round out the architecture.

RISING CENTRAL HUB IN THE GTA

The new Kipling Transit Hub is set to revolutionize transit in an area that is already a thriving connection point.

38 condolife magazine | Nov. 7–Dec. 5, 2020

Etobicoke Centre’s proximity to key transit exchanges combined with the ability to quickly connect with downtown Toronto, Mississauga, Pearson International Airport and the new Dundas Connects, brings all corners of the GTA to your doorstep.

What is little known is that Etobicoke’s history dates back to 1799, when it was first “referenced” as a township in a York County meeting. The Borough of Etobicoke was amalgamated in 1967, consisting of Etobicoke Township, Mimico and Long Branch. Today, the Etobicoke Centre master plan mirrors earlier visions of a vital, connected community.

Westerly is an opportunity to be part of a dynamic, evolving Etobicoke core – home to the future Etobicoke Civic Centre. Purchasers will become part of an emerging, people-centred urban neighbourhood with tree-lined streets, bike-friendly boulevards, new parks, amenities and street art. The Islington Community Centre offers a variety of diverse programming, geared towards

all age groups and a variety of unique, independent shops and local restaurants. The 2.8 km of the Bloor-Dundas Street West stretch exemplifies the area’s commitment to convenience of all kinds. Commuters can take comfort in accessing Islington subway station less than 10 minutes away on foot.

GREENSPACES, RECREATION AND SCHOOLS

Now, more than ever, exploration of outdoor spaces and greenery is the urban dweller’s dream. Westerly offers endless options, with the Humber River Recreational Trail, Humber Marshes and South Humber Park all within walking distance.

The neighbourhood abounds with a remarkable array of golf clubs, rich in history, including St. George’s Golf and Country Club, home to the 2021 RBC Canadian Open, providing a haven for any sport enthusiast, with awardwinning fairways and state-of-the-art facilities.

For young and budding families, it’s never too early to start planning your children’s education. Westerly is easily accessible to several high-ranking academic options.

Humber College, University of Toronto Mississauga, Etobicoke Collegiate Institute and Kingsway College School are all right around the corner for an easy drop-off walk or carpool.

TRIDEL CONNECT AND INNOVATION

In-suite, every Tridel community comes equipped with Tridel Connect, an innovative smart home system which aims to make everyday living simpler. From handsfree entry, automated parcel delivery and smartphone access to your home, Tridel Connect leverages the latest technology to offer a peerless, touch-free environment.

Indoor air quality is regulated with RGF halo-LED in-duct air purifiers to reduce airborne and surface contaminants and pollutants and an energy recovery ventilation system is used to circulate stale air out and clean, fresh air in.

Additionally, an unwavering commitment to sustainability on both construction practices and building performance

ensures Tridel is able to deliver safe and healthy places to live and contributed to Tridel being named Green Builder of the Year at this year’s BILD Awards.

“Every community we build – and every corporate and community initiative we engage with – is designed to positively impact society as a whole,” says Samson Fung, vice-president of marketing, Tridel. “The success we’ve had with our existing communities in the Etobicoke area is testament to our commitment as an environmental leader, as well as our dedication to serving customers and communities with integrity, quality and innovation.”

AMENITIES

With Etobicoke serving as inspiration, Tridel and its design team worked to ensure the amenity program matched the abundance that the surrounding community has to offer. A fitness studio and yoga studio make it easy to focus on your wellness. On the fifth floor, spaces include a party room and lounge and multiple outdoor areas carefully crafted to extend your entertaining space. A kids’ playground and youth room provide space for all members of the family.

Westerly is brought to residents by Tridel and rental housing provider Hollyburn. With eight decades of homebuilding and more than 85,000 homes built, Tridel Communities are “green-built for life.” Tridel has a strong foundation in the Etobicoke skyline, and is recognized as a premier developer in the region with celebrated projects that include Islington Terrace, West Village and Essex. Hollyburn Properties provides homes to more than 10,000 residents nationwide and is a proud industry leader committed to safety, sustainability and community service.

Coming Soon to Dundas and Islington at 25 Cordova Avenue. Register now for the November 7th virtual event and launch of prices and floorplans. For more information visit tridel.com/westerly. nexthome.ca | myhomepage.ca 39

BUILDER PROFILE

Affinity

ROSEHAVEN HOMES AWARD-WINNING HOMEBUILDER EXTENDING ITS REPUTATION INTO BOOMING NEW CENTRES Rosehaven Homes is closing out a year of remarkable success as it continues to expand its presence southwest of the Greater Toronto Area. The award-winning builder is now marshalling its long-trusted name to build communities in Oakville, Burlington, Hamilton, Ancaster and beyond, which are flourishing as metropolitan and suburban destinations.

Affinity Condominiums in Burlington’s Aldershot community sold out this year following a successful launch in 2019. Effortlessly elegant, the glass accents of the exterior of the two six-storey towers strike a fine balance between charm and sophistication. Inside, spacious bedrooms, large windows and open, brightly lit living spaces are common in the suites. Amenities include a contemporary yoga studio, a luxurious lounge and rooftop terrace.

Yet the main selling point may be the community itself.

The Joseph Brant Museum, the Art Gallery of Burlington and the 2,700-acre Royal Botanical Gardens are all nearby, in addition to a wide range of boutiques, shops, restaurants, bakeries and cafes.

Construction is underway on KiWi Condominiums in the core of Hamilton’s booming art scene on King William. It’s set to be a new hub for young professionals, restaurateurs and artistic types who are the heart and soul of this vibrant neighbourhood. That neighbourhood is now bursting with new sights, sounds, tastes and ideas – from the galleries, to the radio stations, to the bars and restaurants that are the toast of the nightlife in the city. KiWi has tapped into the area’s atmosphere, which is reflected in its 40 condolife magazine | Nov. 7–Dec. 5, 2020

contemporary exterior, its slick and modern interiors, and its range of amenities. Some suites are still available.

Odyssey is Rosehaven’s new community in the picturesque town of Grimsby. Lakeside condos and towns perched adjacent to the vast expanse of Lake Ontario overlook Toronto’s iconic skyline. It also happens to be at the doorstep of one of the nation’s most famous wine regions. Grimsby is positively brimming with all the natural bounty of the Niagara Escarpment. Caves, trails, lookouts, stunning natural beauty, all of it just an hour train or car ride from downtown Toronto across the lake.

The Vincent

In 2019, the Niagara Home Builders’ Association recognized Odyssey with its Award of Excellence. The Ripple Suite, a two-bedroom layout, was also feted by BILD and the Ontario Home Builders’ Association. Only a handful of those suites remain.

Odyssey has now become one of the latest landmarks in this small town bisected by the QEW. Modernist architecture in both the condominiums and the surrounding townhomes – with their clean angles and minimalist aesthetic – give a fresh urban look and feel to the lakeside community, and newly constructed retail space at the ground level has further enriched the community.

Inside, the amenities include a lobby lounge that is the stuff of a technophile’s dreams, another lounge and terrace that wraps around the building and overlooks both the lake and the escarpment.

Some suites remain available, and open layouts with floor-to-ceiling windows ensure the living spaces are flooded with natural light, illuminating the fine finishes.

Rosehaven has developed a reputation for delivering a product that reflects its passion for the craft.

“Everyone in our company, from our president to the architects, from the designers to the sales staff, all the way to the tradespeople hammering each nail, has bought into the philosophy that every aspect of your home should be completed with the intention of exceeding expectations,” according to Rosehaven’s credo.

Odyssey

“Perfect corners, beautiful accents, stunning curb appeal; it’s a culmination of all things, large and small, with no detail left unattended.”

Since its modest beginnings in 1992, Rosehaven has built a portfolio that has grown to include more than 7,500 homes across southern Ontario. It has steadily expanded into new communities, bringing that same passion for which the company has become known. In each of these new communities – from the GTA to Niagara Falls and so many in between – Rosehaven’s team treats it as yet another opportunity to reassert its commitment to long lasting, liveable luxury.

On Rosehaven’s 25th anniversary in 2017, Marco Guglietti thanked homebuyers who have returned for purchases no fewer than four times – a demonstration of the trust

and loyalty the brand has built in a couple short decades. As a family run company, Rosehaven leadership is personally invested in every step of the homebuying process – from design, to construction, to customer service – because they understand even seemingly small details can matter a great deal.

Vincent Condominiums is the latest addition to this series of communities. It’s coming to Hwy. 7 and Jane Street, towering over the energy of the emerging Vaughan Metropolitan Centre. Built around the hotel-inspired lifestyle, the Vincent is stylish, sophisticated and thoughtfully comforting.

Visit thevincent.ca to learn more and to register now.

For more information visit rosehavenhomes.com

nexthome.ca | myhomepage.ca 41

BUILDER PROFILE | MIDTOWN

Liberty Market Tower

LIFETIME DEVELOPMENTS...

BETS ON TORONTO The growth of Toronto’s condominium market has always been a hot topic, with prolific development taking place daily across all corners of the city. Recent stats from April 2020, at the peak of the COVID shutdown, demonstrated that Toronto accounted for 27 per cent of cranes in the 14 largest and most active markets in North America. And while there might be some slight softening in market pricing right now, Lifetime Developments is still all-in on Toronto.

As a family-run business with more than four decades of experience in the building and development space, Lifetime Developments is no stranger to ebbs and flows, recessions or market blips. With more than 7,000 42 condolife magazine | Nov. 7–Dec. 5, 2020

suites developed in the last 10 years, and a robust growing portfolio, the development group has learned from history and uses its experience to adapt to evolving market needs.

Lifetime is deeply committed to building future-proof communities, as demonstrated in its active and timeless portfolio of beloved residential, commercial and luxury hotel projects.

While some developers and investors are choosing to act in the short term, pulling out of the market or looking to invest elsewhere, Lifetime’s confidence in Toronto real estate couldn’t be stronger. “What we’re dealing with in the market is a short-term, unprecedented issue,” says Brian Brown, principal, Lifetime

Developments. “When it comes to meaningful and lucrative investing, we need to recognize that this pandemic is a short-term inconvenience (albeit, a significant one). However, it is just that – short term.

“While rental rates and demand have slowed during COVID-19, we fully expect a bounce-back as soon as a vaccine, treatment or rapid testing is introduced to the general population.”

While Lifetime maintains an optimistic outlook for the future of Toronto real estate, it still recognizes that buyer preferences have shifted and evolved. As a design-focused company, both for the architecture and the interiors, Lifetime is taking new ways of living into consideration

Whitehaus

See You Soon Toronto

to appeal to target buyers.

For starters, the company is considering how lobbies are set up to process the influx of packages with an even greater shift to online shopping and food and grocery delivery. With more offices shifting to flexible work-from-home strategies, amenities are now being altered to cater to those who will require more space outside of their unit to be able to work. Overall, designing space efficiently is an important strategy for Lifetime, when considering how people will live in a post-COVID environment, as well as considering affordability.

Lifetime has had an exceptionally busy 2020, with four active projects under construction. Whitehaus, a 31-storey tower at Yonge and Eglinton designed to encourage personal expression, is in the final stages of construction, with occupancy beginning in early 2021.

Following that will be Liberty Market Tower, the 28-storey finale of a three-phased mixed-use community in vibrant Liberty Village; Panda, a perfect mix of retail and residential, features 30 storeys of unparalleled urban convenience at its location at Yonge and Dundas; and XO Condos, a 14-storey home at King and Dufferin, the locale for iconic

For Lifetime, its developments are just a piece of the puzzle.

The brand is rooted Brian Brown in community action.

Lifeline, its charitable foundation, was designed with the mission to actively support and enhance the communities in which Lifetime builds. The foundation has raised more than $2 million to provide aid and support for a range of programs and initiatives that support neighbourhoods to intersect. Liberty some of the most vulnerable and atMarket Tower and Panda are slated risk communities in Toronto. for a late 2021 occupancy, with XO When COVID hit, Lifetime following shortly after in 2022. immediately kicked it into high gear, And Lifetime’s activity doesn’t end launching See You Soon Toronto, there. As a brand committed to the a campaign designed to support growth of the city, the company Toronto’s hospitality industry and will be launching two new projects essential workers in the medical and in 2021: The yet-to-be-named 500 public service industries. Brown, Dupont project and XO2, the second alongside Co-Creative Directors phase of its namesake at King and Tyrone Edwards (ETALK) and Ben Dufferin. The reality is, despite all Johnston (graphic artist), led this of the challenges Canadians have program, which has raised more than faced over the past seven months, $300,000 to date, supporting more demand still outpaces supply in than 11 beneficiaries.

Toronto. Our borders may be closed While there might be uncertainty to immigration, but we fully expect in the world, one thing is very clear the issue of undersupply to be an for Lifetime Developments: they are ongoing issue going forward. Toronto betting on and investing in Toronto. is an amazing city and offers so much to many different people from all For more information, visit different cultures and communities. lifetimedevelopments.com. nexthome.ca | myhomepage.ca 43

ADVERTISING FEATURE

OPPORTUNITIES ARE WAITING FOR YOU DESIGN YOUR FUTURE LIFESTYLE BY RIGHTSIZING WITH INTENTION

Before March, Edward and Judy couldn’t have imagined that a global pandemic would bring about the lifestyle change that they had been dreaming about. After living in a large family home in Toronto for the past 30 years, the couple knew it was time to move but had been dreading the conversation about downsizing, despite their children’s constant inquiries. When COVID-19 started making major upheavals in everyone’s lives, the last thing

44 condolife magazine | Nov. 7–Dec. 5, 2020

they wanted to do was think about moving when everything felt so out of control.

If this is a story that resonates with you, you’re not alone. A lot of adults with empty nests don’t want to think about downsizing even in the best of times. However, when it comes to the transition to a new lifestyle, you have more control than you think, especially now. Transitions Realty was created to guide empty nesters and retirees through this process, to help

build their dream lifestyle and give them confidence and clarity on their future – it’s called Lifestyle by Design.

Founder Keisha Telfer says although things around you may be uncertain, this is the best time to start that rightsizing conversation.

“The pandemic is fueling demand for detached, single-family homes to accommodate the new normal of working and learning at home for growing families,” she says. “They need more space for home offices, study areas and outdoor recreation.

This presents a unique opportunity to unlock the value in your home and design your future.”

If you’ve been considering downsizing, you probably know there are lots of options, developments and communities to choose from. But, with so many choices, how do you know which one is right for you?

“You have to do your research and really think about what you want in your future,” Telfer says. “Space to entertain for the holidays, or access to outdoor living – it’s all up to you.”

Here is a breakdown of three of the main options at your doorstep: MASTER-PLANNED COMMUNITIES

On the surface, these might seem the same as lifestyle or active adult communities – mainly because most lifestyle or active adult communities are planned. However, masterplanned communities are not specifically geared toward empty nesters and retirees, but instead appeal to residents of all ages, lifestyles and family composition.

Because a portion of the residents are young families and working couples, they tend to offer activities and amenities that appeal to families with children. The family-oriented activities ensure young visitors are easily entertained and will keep them coming back. This makes them good options for empty nesters who still wish to be part of a diverse community, host gatherings and have family visit. Of course, many of the communities typically offer traditional adult activities such as golfing, hiking, biking and skating, as well.

Braestone Estates in Oro-Medonte, as featured in the previous issue, is a prime example of a master-planned community that attracts residents of all types from working couples, to families to empty nesters and retirees.

The community is nestled among rolling hills with stunning views and the easy-going feel of country living. The houses are newly built with ample square footage and the latest technology.

ACTIVE ADULT LIFESTYLE COMMUNITIES

These modern communities are more in line with what we might traditionally think of as a retirement community. But this is not your grandma’s retirement home – these are built and planned with adults and their active lifestyle in mind. They are geared towards people who want to enjoy a carefree, active life with people of a similar age. As the name suggests, the amenities within the communities are suited for adults and include popular year-round activities such as golf, tennis, skiing, snowshoeing and hiking.

Cobble Beach, just outside of Owen Sound, is an active lifestyle community designed to feel like a golf resort and beach club. The focus of the community is the world-class Cobble Beach Golf Links and spa.

Residents have full access to the steam room, whirlpool and tennis courts, as well as the fitness centre and outdoor plunge pool. It truly feels like living in a resort.

masonhomes.ca

TRADITIONAL DOWNSIZING

This is the option that most people are familiar with and is exactly as it sounds. It’s the process of moving to another, often smaller home. It’s the option that provides the most freedom in your choices. As you can imagine, the possibilities are endless and you have total control over the type of home you buy – anything from a one-bedroom condo in downtown Toronto to a custom-built dream home in the country.

All of these options have pros and cons, and can be found in cities and towns throughout Ontario. With so many choices, it’s easy to become overwhelmed.

To help you get started, Transitions has developed a tool to identify opportunities so you can envision your future. If you are ready to create your Lifestyle

by Design, visit the website at downsizingexperts.ca and download the free Rightsizing Workbook.

Keisha Telfer is Co-Founder and Broker of Record at Transitions Realty Inc. As a real estate expert she provides valuable support and direction to clients considering a major downsizing or rightsizing lifestyle transition. You can contact her directly at 647.948.7415. nexthome.ca | myhomepage.ca 45

PROPERTY PROFILE

181 EAST NORTH YORK’S NEWEST BOUTIQUE INTRODUCES THE BEST DEPOSIT STRUCTURE IN THE CITY Over the past few years, Toronto’s downtown core has become increasingly dense and compact with the construction of countless highrise condos. The impact of the coronavirus has made Toronto’s residents hyper aware of the value of a comfortable and spacious home, and they are retreating farther from the dense and populated downtown core to Toronto’s boundaries in search of more sizeable living.

North York is becoming increasingly popular. Feeding off the lifeline of Yonge Street, the area continues to attract luxury homes and storefronts. The feel of Toronto’s downtown core continues to expand into northern Toronto, evidenced by the growing supply of luxury goods and services North York offers.

Yorkdale Shopping Centre has grown to become one of Toronto’s most luxurious destinations, housing Italian and French retail stores such as Chanel and Prada. Bayview Village Mall boasts the popular fine foods store Pusateri’s among other luxurious storefronts. And with golf courses surrounding the North York region, the high-end consumer would argue there is no reason to go downtown at all.

Even so – Toronto’s downtown core is only a short drive or subway ride away.

Real estate development firm Stafford Homes is catering to the increasing demand for the area.

The company recently launched its luxurious midrise condo building,

46 condolife magazine | Nov. 7–Dec. 5, 2020

181 East, which offers spacious, picturesque units and hotel-like amenities.

The luxury building offers units ranging from bachelor to threebedroom suites and is currently the only boutique building in North York.

It was designed by Johnson Chou, an award-winning interior designer, and is outfitted with bright, modern and airy designs full of natural light.

The views are remarkable, with many units looking onto the city’s bustling downtown core, and other units looking over serene residential areas.

“I have been impressed by the suites and layouts in this boutique building and I have had the same feedback from our clients; they love the luxury element combined with a sought-after location,” says Simon S. Mass, CEO of The Condo Store.

“And with the special incentives being offered for the balance of the month, the value proposition has never been higher. There isn’t another offering like this one in Toronto right now.”

The new development brings its residents comfort and ease in their every day, through the integrated and functional design of the building. With indoor and outdoor fitness centres, coworking spaces, and a chef-inspired kitchen, most of your daily destinations are only an elevator ride away.

181 East is now offering a great incentive with only $5,000 down upon signing and 10 per cent before occupancy. It is a great time to get

in the boutique building and take advantage of the deposit structure while supplies last.

“Even Russell Peters agrees!” notes Mass, who alongside Stafford Homes, launched the project with the comedian and Toronto native.

“When we were filming the launch of the development with Russell, he was excited to see the hotel-style service that 181 East brings and the overall luxurious atmosphere and lifestyle it affords.”

While Toronto’s growth knows no boundaries, neither does its downtown core’s infectious energy.

Some may say that being in North York has the same busy energy as Toronto’s downtown core – and more people are beginning to realize it.

181 East is currently in its preconstruction phase, and buyers are not hesitating to jump on the opportunity.

To learn more about the project and limited time incentives, visit 181east.ca

The Ambrose Condos by Elite Developments theambrosecondos.com

INTERIORS

IN THIS SECTION:

BIG STYLE – SMALL SPACES, DECOR, TREND WATCH, GIFT GUIDE nexthome.ca | myhomepage.ca 47

INSPIRATION |

decor

KITCHEN TRENDS FOR

2021

by LINDA MAZUR

Soon, this year will come to an end, and that usually signifies the release of exciting new paint colours and trends for the new year ahead. But before we close off 2020, we should discuss one trend that we have seen for a while now that will continue.

In the last few years, we have seen the resurgence of wood in design. Everything from beautifully textured reclaimed wood to light, airy and modern white oak.

In cabinetry, accent pieces, countertops and flooring, warm wood has inspired us, and it will continue to do so. However, not everyone warms up to wood equally.

Working with our clients, we have experienced everything from minimal touches of wood accents, to having to edit an overload of wood in a space.

So, the question remains: How to inject the warmth and cosiness if you’re not a big lover of heavy wood grains, colours or texture. The answer is… there are lots of ways to incorporate this design trend into your home without feeling that you are being dominated by wood. Look at kitchen design, for instance.

Kitchen trends for 2021 will see the movement towards warmer colours and wood cabinetry; this might be a little difficult for those who really do not enjoy the look of wood cabinets. The nice thing is, there are so many other wonderful ways to inject warm wood tones in your kitchen. A beautiful wood countertop would be a lovely addition, or if that is too much for you, a simple wood detail added to your counter might be the way to go.

Perhaps a custom wood range hood might be more to your liking, or make your kitchen island the wood feature while the rest of your cabinetry remains a paint finish.

Wood cabinetry hardware and lighting fixtures will be huge in the coming year. These would be a great way to stay on trend while remaining modern and minimalist, if that is your more your style.

48 condolife magazine | Nov. 7–Dec. 5, 2020

Add character to your traditional or contemporary all-white kitchen with wooden barstools. For a more minimalistic approach, something as simple as wood accessories such as cutting boards, bowls and storage containers will do the trick. There are fantastic woodinspired tiles that can create a stunning backsplash, not to mention open shelving done in all wood.

These are all great ways to add as much or as little of this organic, natural vibe to your space.

The inspirations for adding touches of wood to your kitchen are seemingly easy and endless, and it does not need to be as overpowering a feature as you may first think. Whichever way you feel inspired, do not shy away from incorporating this lovely finish in your kitchen design.

The warm and inviting vibe that is created by adding the simplest of wood details can be just the touch you need to elevate your space!

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 multidisciplinary design firm is known for creating relaxed, stylish spaces and full-scale design builds within Toronto, the GTA and throughout Canada. lindamazurdesign.com @LindaMazurGroup nexthome.ca | myhomepage.ca  49

trend watch

Comfort is Key INSPIRATION |

Has the pandemic indefinitely changed the way you live and dress? Casual wear has become de rigueur, with pyjama and sweatpants breaking sales records this year. And, with so many working from home and spending more time inside, many homeowners are rethinking how they can make their spaces more organized, functional and relaxed. We have entered a new age of comfort.

When the outside world seems daunting, we want our homes to be a source of solace, our clothes to be unrestrictive and unapologetic. As the winter bears down on us and restrictions change weekly, sheltering in place should be a time to slow down and surround ourselves with life’s little pleasures.

It could be mastering the art of sour dough bread, curling up by a fire with family or snuggling in a super soft throw – whatever comfort means to you, embrace it and let it carry you through the pandemic.

10

50 condolife magazine | Nov. 7–Dec. 5, 2020

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1. Gardin plaid COTTON FLANNEL SHEET SET by Gracie Oaks, $122.99. wayfair.ca | 2. ARTISAN TECHNIQUES for creative homemade fermented breads, $37.99. indigo.ca | 3. Morgan mantle ELECTRIC FIREPLACE, $359. dimplex.com | 4. Criss fog gray PILLOW, $69. article.com | 5. TEXA POUF in vanilla ivory, $179. article.com | 6. Ribbed satin SCRUNCHIES. $12 (set of three). simons.ca | 7. Sven faux shearling THREE-SEATER SOFA in cream, $699. structube.com | 8. lsta fair isle THROW, $159.95. crateandbarrel.ca | 9. Ribbed TURTLENECK SWEATER in light beige, $34.99. hm.com | 10. Arizona genuine shearling SLIDE SANDAL in con suede by Birkenstock, $190. birkenstock.com nexthome.ca | myhomepage.ca  51

INSPIRATION |

big style, small spaces

How to choose a

Mirror for Every Room

by LISA ROGERS

Mirrors are one of my favourite accessories for the home because they can add the illusion of space and light. A wall mirror can also add a lovely decorative look to your room, and it makes an ideal focal point for your space. The trick to choosing the right mirror for your room really depends on the look you want to create. However, there are always some tried and tested rules that never fail you when you select the right style, size and shape.

Here’s how I would choose a mirror for every room in my home: BIGGER IS BETTER

First, ask yourself how large you want it to be. The size of the mirror should be determined by a couple of factors: The size of the wall you plan to hang it on, plus how impactful you want the mirror to be. I suggest going one size larger than you initially thought.

52 condolife magazine | Nov. 7–Dec. 5, 2020

When you go bigger in scale, it makes it look so much more dramatic and works to expand the space.

SHAPE MATTERS

There are endless possibilities when it comes to mirror shapes, but they can generally be put into three categories: Square, abstract and round. Square and round mirrors are functional – they look great in hallways, living rooms and bedrooms. Abstract styles – geometric, triangular or teardrop – are decorative and lend themselves to the spaces in your homes, whereby mirrors are more about making a style statement than anything else. For a mirror that can go anywhere, look for one that is bordered by a mirrored frame, but never skip a frame entirely.

Frameless mirrors can make a room look unfinished.

FIND THE RIGHT POSITIONING

LIVING ROOM

If possible, hang mirrors opposite windows to take advantage of gorgeous natural light. But if you don’t have a window in a room, position a mirror near a light fixture, and it will achieve a very similar effect.

There are many options for the living room: • A single small mirror on a large wall will look lost, so choose a size that is appropriate for the wall you have selected.

• If you want the mirror to be a focal point in your room, ensure it is large enough to stand out, but also define it by choosing a frame that will make it more noticeable.

• If you prefer to have the mirror as part of the background, select one that is extra-large so that its function is solely to make your space appear larger.

FRONT FOYER OR A HIGHTRAFFIC DOOR

It’s fairly common for a front entryway to be dark. A large mirror will enhance the light you do have and can make the narrow space feel larger. Place it near the door you use most, and make sure to hang the mirror 60 in. from the floor to the centre of the mirror so people can see themselves.

Whether this is your entryway or beside your true front door, a mirror will let you take one last look at yourself before you walk out.

DINING ROOM

Adding a mirror to the dining room can help the space appear bigger and reflect beautiful light, but it can also be a little bit awkward. No one wants to sit down to a meal and look at their reflection in a big mirror opposite them. Opt for a mirror with an antiqued or smoky finish, so the reflection is more subdued.

BEDROOM

A full-length mirror is a necessity in the bedroom so you’re able to dress and look at yourself properly, and a leaning floor mirror is really easy to find. It looks more modern than a flushmounted mirror, and you can still secure the top of the mirror with a wall anchor to prevent it from tipping.

BATHROOM

Naturally, a good mirror in this room is essential, so when choosing the right size, consider not just the function but also proportion. You want to remember that balance is key, so think about the size of your mirror in relation to that of your vanity. Traditionally, vanity mirrors are no larger than the vanity itself, and a common approach is to make the mirror the same width, so they line up perfectly together. If you prefer not to go the same width entirely, another approach is to think about the mirror being 80 per cent as wide as the vanity, so it appears proportionally smaller.

Lisa Rogers is Executive VicePresident 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 | myhomepage.ca 53

INSPIRAtIoN |

gift guide

WINtER

Wellness SElF-CARE GIFtS FOR LESS THAN $100

1 Whether you are buying a gift for someone or treating yourself, we all need extra tlC these days. these budget-conscious finds are the perfect fit

2 3

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5 54 condolife magazine | Nov. 7–Dec. 5, 2020

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PURE THREE-IN-ONE HEPA AND AIR PURIFIER BY BBLUV. $89.97. amazon.ca

2 BREATHE SELF-CARE JOURNAL BY STERLING. $22.95. indigo.ca 3 SISAL BODY BRUSH. $14.95. crateandbarrel.ca 4 WOMEN’S NAKISKA SLIDE II IN BRITISH TAN. $80. sorelwear.ca 5 INFUSED BY NATURE SCENTED SOY CANDLE IN ROSEMARY AND MINT

BY BALTIC CLUB FOR FABRIQUE 1840. $26. simons.ca 6 CHUNKY LACE ROBE IN SAGE GREEN BY NEVER KNEW I NEEDED. $30. nkin.ca

6 9

7 WHISTLING KETTLE IN SAGE

BY LE CREUSET. $99.99. kitchensmart.ca 8 100-PER-CENT ORGANIC GREEN QUINCE TEA BY COCOON TEA ARTISANS. $45. goop.com 9 AROMA SCULPT JILLIAN HARRIS DIFFUSER BY SAJE. $94. saje.com 10 DUAL ACTION JADE FACIAL ROLLER BY PROVINCE APOTHECARY. $44. thedetoxmarket.ca

10 11

11 GOOPGENES NOURISHING REPAIR BODY BUTTER BY GOOP BEAUTY. $75. sephora.ca

nexthome.ca | myhomepage.ca 55

HOUSEWARMING CONTEST! YOU COULD WIN A $50 GIFT CARD!

Did our homebuyer guides help you find your new home?

If so, this giveaway is for you!

If you’ve purchased your new home within the past 12 months - Enter Today!

HOW TO ENTER: Tell us about your experience and you could WIN a $50 Gift Card!

Several Winners Per Month!

• Go to myhomepage.ca/contests • Select this contest within the listing and click Enter to Win. • Good Luck!

• For full contest details & rules visit the link above.

COND O PROFILES

MRKT Alexandra Park

developer: style: size: prices from: features:

Toronto

TRIDEL

Highrise 516 to 1,475 sq. ft.

The mid $600,000s • Steps from Toronto’s Kensington Market, Queen West and Chinatown.

• 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 contact: Tridel.com location: Dundas St W. + Denison Ave.

KiWi Condos

developer: style: size: prices from: features:

Hamilton

Pinnacle Toronto East

developer: style: size: prices from: features:

PINNACLE INTERNATIONAL

Highrise Up to 1,800 sq. ft.

The mid $500,000s • Larger suites with full size appliances • Suites include 9’ ceilings, laminate flooring, quartz countertops • Amenities include: outdoor swimming pool, gym, party room, indoor kids play area contact: 416.925.6119 • info@pinnacletorontoeast.ca location: 3260 Sheppard Ave. East (just west of Warden)

Odyssey

ROSEHAVEN HOMES

Iconic 14 Storey Condominium 540 to 960 sq. ft.

The low $500,000s • Building features gym, yoga studio, 14th-floor rooftop terrace, pet wash and social room complete with catering kitchen • Pedestrian friendly neighbourhood near transit, shopping and nature • Modern finishes include wide plank flooring, polished quartz countertops and trendy penny tile backsplash contact: 905.529.8383 • kiwicondos@rosehavenhomes.com

Toronto

developer: style: size: prices from: features:

Grimsby

ROSEHAVEN HOMES

Lakeside Condos and Three-Storey Towns 900 to 2,224 sq. ft.

The mid $500,000s • THREE-TIME AWARD WINNING SUITE • Waterfront trails, close to shopping and entertainment • Future GO Train to Union in just over an hour • Minutes from world-class wineries and Niagara region • Beautiful suite designs, stylish finishes, stunning lake and escarpment views contact: Sales office now open for 1 on 1 appointments 289.235.7430 • odysseycondos@rosehavenhomes.com

nexthome.ca | myhomepage.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 | myhomepage.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

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Brampton..............................Urban Towndominiums .............................CTH........................ Mississauga Rd. & Wanless Dr. .............................. rosehavenhomes.com Etobicoke..............................Edenbridge Kingsway ..............................MR/CTH .................... The Kingsway & Lambeth Rd. .......................................................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..............................The Kip District 2 ........................................... HR ......................... Kipling & Dundas St. W. .......................................... concertproperties.com Etobicoke..............................42B Queensway III ........................................ HR ......................... 1325 The Queensway...........................................tributecommunities.com Markham/Unionville..........Panda Markham ............................................. HR ......................... 8200 Warden Ave. ............................................lifetimedevelopments.com Markham/Unionville..........Varley Condo Residences .............................LR.......................... 20 Fred Varley.........................................................tributecommunities.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 ..........................Edge Towers ................................................... HR ......................... Hurontario St. & Elm Dr. ...................................................................solmar.ca North York ............................680 Sheppard Ave. E. ................................... MR ......................... 680 Sheppard Ave. E.............................................tributecommunities.com Oshawa .................................U.C. Tower ....................................................... HR ......................... Simcoe St. & Winchester Rd................................tributecommunities.com Pickering ...............................Maxx Urban Towns .......................................CTH........................ 2635 William Jackson Dr. ................................vanmardevelopments.com Richmond Hill .....................4155 Yonge Street Condos .......................... MR ......................... Yonge & York Mills ............................................................. greencitydvp.com Richmond Hill .....................Twelve Oaks Towns ....................................... MR ......................... 85 Renfrew Dr. ................................................................... greencitydvp.com Scarborough ........................Pinnnacle Toronto East ............................... HR ......................... 3260 Sheppard Ave. E. .........................................pinnacleinternational.ca Scarborough ........................Towns at Rouge Valley ................................CTH........................ Sheppard Ave. E. ....................................................tributecommunities.com Toronto .................................10 St. Mary Street ........................................... HR ......................... 10 St. Mary St. ....................................................lifetimedevelopments.com Toronto .................................111 River St. Condos ...................................... HR ......................... 111 River St. .........................................................lifetimedevelopments.com Toronto .................................200 Queens Quay W. .................................... HR ......................... 200 Queens Quay W. ......................................lifetimedevelopments.com Toronto .................................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 .................................XP Condos ....................................................... HR ......................... 1182 King St. W. .................................................lifetimedevelopments.com 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 Thornhill ...............................Royal Bayview ................................................ MR ......................... Bayview Ave. & Royal Orchard Blvd. ............................................tridel.com Vaughan ................................Park Avenue Place 1 & 2 ............................... HR ......................... Jane St. & Rutherford Rd. ................................................................solmar.ca

MAPS

Locate properties using the map on the previous page

60 condolife magazine | Nov. 7–Dec. 5, 2020

+

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 | myhomepage.ca  61

HOT PROPERTIES | SOUTHWESTERN ONTARIO AREA

KITCHENER–WATERLOO

Guelph

Waterloo

Milton

Kitchener

Cambridge

5

Brantford

Hamilton

7

13

4

3 1

14

2 12

LONDON

15

London

11

62 condolife magazine | Nov. 7–Dec. 5, 2020

Mississauga

19

16 17

Oakville 18

6

MAPS Match the map numbers with property listings on the following Hot Properties page

Burlington

20 10

St Catharines

Niagara Falls

8

21

Welland

CARTOGRAPHY: MARKETMAPS.COM

9

nexthome.ca | myhomepage.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.

Brantford...............................The Ambrose Condos .................................. MR ......................... 401 Shellard Ln ...................................................... theambrosecondos.com

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.

Dundas ..................................Sage ..................................................................CTH........................ Governor & Craton .......................................................... elitemdgroup.com

8.

Fonthill ..................................One Twenty Condos .....................................LR.......................... Rice Rd. & Highway 20 ................................................... mountainview.com

9.

Fonthill ..................................The fonthill ..................................................... MR ......................... Rice Rd ................................................................................ elitemdgroup.com

10.

Grimsby.................................Odyssey Condos & Towns ..................... HR/CTH .................... Windward Dr. & N Service Rd. ................................ rosehvaenhomes.com

11.

Haggersville ........................Woodland Country Estates .....................LR/CTH .................... O Hewitt St ....................................................woodlandcountryestates.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.

Oakville .................................5 North .............................................................. MR ......................... 1388 Dundas St. W. ...................................................... mattamyhomes.com

17.

Oakville .................................Synergy ............................................................ MR ......................... McCraney St. E. & Sixth Line ..............................................branthaven.com

18.

Oakville .................................The Randall Residences ............................... MR ......................... Randall St. & Lakeshore Rd. E. .............................. randallresidences.com

19.

Oakville .................................Upper West Side at Oakvillage .................. MR ......................... 351 Dundas St. E. ................................................. upperwestsidecondos.ca

20.

Stoney Creek ......................Casa Di Torre .................................................. MR ......................... 980 Queenston Rd................................................................branthaven.com

21.

Welland .................................L’eau ...................................................................LR.......................... 1 Albert St................................................................. info@elitemdgroup.com

MAPS

Locate properties using the map on the previous page

64 condolife magazine | Nov. 7–Dec. 5, 2020

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2020-02-07 11:06 AM

ADVERTISER INDEX — Find ads easily inside this edition 50 at Wellesley Station – Plaza ........................................... 25,67 Access Storage ...................................65 Ambrose, The – Elite Developments...................2,3 Black & Decker .................................. 66 Brand Factory.....................................14 Burke – Concert .............................. 4,5 Condo Store, The .............................. 17 Graydon Logistics .............................65 Great Blue Resorts ........................... 66

Indigo.................................................. 65 Jaymar ................................................ 65

Skytower – Pinnacle International ..................68

Kiwi – Rosehaven ..............................57

BUILDERS

McOuat ................................................18

Concert ..............................................4,5

MRKT Alexandra Park – Tridel ........57 NextHome.......................................... 65

Elite Developments ..........................2,3 Mountainview Building Group ....... 13

Odyssey – Rosehaven ................ 15,57 One Twenty – Mountainview Building Group ...13 Oro at Edge Towers – Solmar ......... 11

Pinnacle International .................57,68 Plaza ............................................... 25,67 Rosehaven .....................................15,57

Pinnacle Toronto East

Hotel Vie..............................................23

– Pinnacle International ..................57

Solmar ................................................. 11

IDRC .....................................................65

Ryan Design........................................16

Tridel .................................................... 57

66 condolife magazine | Nov. 7–Dec. 5, 2020

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