GTA New Condo Guide, Jan 31, 2015 by NextHome

Jan 31 - Feb 14, 2015 Volume 19 Issue 3

COMING SOON

INSIDE THIS ISSUE

LUXURY MARKET GROWING IN PROPERTY TYPE & BUYER

WHY THE BANK OF CANADA RATE MATTERS

DESIGNER ADVICE: GETTING THE LUXE LOOK

COMING SOON

tridel.com

DIAMONDS ARE FOREVER JUST LIKE OUR VIEWS COMING SOON, BRILLIANT LIVING AT AVENUE & ST. CLAIR FROM THE $300’S

Blue Diamond at Imperial Plaza, a new elegant tower in the dazzling Forest Hill neighbourhood, brings new intensity to condominium luxury. Sublime amenities, superlative finishes and Toronto’s most radiant views. Experience the brilliance.

FO L LOW U S : @CAMROST

C A M R O S T F E LCO R P

PRICES AND SPECIFICATIONS SUBJECT TO CHANGE. IMAGES ARE ARTIST’S CONCEPT. E.&O.E. BROKERS PROTECTED

EDITOR’S NOTE

HOW LOW CAN RATES GO? TIME WILL TELL!

SUSAN LEGGE Editor-in-chief

Susan.Legge@wall2wallmedia.com Follow me on Twitter at Twitter.com/SusanLegge Like us on Facebook Search: Condo Guide

Just when we thought interest rates couldn’t get any lower, the Bank of Canada’s decision to drop its key lending rate to 0.75 per cent came as a surprise, and the big banks are following suit by reducing their mortgage rates. The old adage, “expect the unexpected” has never been more true. To prepare for the unexpected, get pre-approved for a mortgage. There are many excellent mortgage products available from banks and brokers that will suit your individual needs, and could well be lower than posted bank rates. With a pre-approval in hand, you’re protected if rates rise; if they go down (and TD has reportedly predicted that another drop in the Bank rate is coming!), then you’ll likely get an even lower rate. A pre-approval can be a win-win situation for shoppers, since it means you don’t have to wait to get financing approval on a home when you put in an offer. This is an especially good tool to have when markets are hot. Removing the “conditional on financing” clause could mean your offer is accepted first since you already have your financing in place. So when will rates rise? It’s anyone’s guess, but most experts agree it’s unlikely there will be any significant upward movement in 2015. However, we can’t assume that will be the case, and you shouldn’t wait too long to get pre-approved for a mortgage. It can take a few days. Many lenders offer online pre-approvals to make the process faster and easier. Take advantage, while you still can!

NEW HEIGHTS OF LUXURY

LYDIA MCNUTT Editor

Lydia.McNutt@wall2wallmedia.com Follow me on Twitter at Twitter.com/LydiasTweets

2 NEW CONDO GUIDE JAN 31 - FEB 14, 2015

When you think ‘luxury,” your thoughts might drift to a gated mansion with eight bedrooms, 12 baths and a bowling alley in the basement. But modern luxury isn’t about excess. It’s as much about location and lifestyle as it is about price tag. This is why condos have become a top choice for luxury seekers around the world – and right here in the GTA. There are many reasons to make a new condo your new home. Are you a jet-setter, or a young professional who spends little time at home? Or do you just cringe at the thought of taking out the trash, mowing the lawn and shovelling snow? If you answered “yes” to any of these questions, a condo could be your dream home. With the maintenance taken care of, all that’s left to do is enjoy life! For the trend seekers, GTA condo builders offer stylish digs in the hottest neighbourhoods, both established and up-and-coming, which make for great investment opportunities. And because these homes are brand new, you can have your condo built to suit your specs. Another benefit of condo living is the amenities. How many lowrise homes have you seen than come equipped with a gym, pool, rooftop garden, games room, library and lounge? And for those that do, at what cost? Raise your lifestyle to new heights in a new condominium home, and enjoy the finest things life has to offer.

1 address... endless possibilities

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PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. E. & O.E. RENDERING IS ARTIST’S CONCEPT ONLY.

JAN 31 - FEB 14, 2015 NEW CONDO GUIDE 3

NEW CONDO GUIDE

CONTRIBUTORS PRESIDENT, WALL2WALL MEDIA

Jacqueline Hill EDITOR-IN-CHIEF / DIRECTOR OF CONTENT

Susan Legge DIRECTOR OF SALES, NATIONAL

Josh Heppner ASSOCIATE PUBLISHER SWO NEW HOMES

Susan Maxwell ART DIRECTOR

Daiana Garay EDITOR

Lydia McNutt CONTRIBUTING EDITORS

BILD REPORT

LEGALLY SPEAKING

DESIGNER ADVICE

Bryan Tuckey

Jayson Schwarz

Yanic Simard

Bryan Tuckey is president and CEO of the Building Industry and Land Development Association (BILD) and can be found on Twitter (twitter.com/bildgta), Facebook (facebook.com/ bildgta), Youtube (youtube.com/bildgta) and BILD’s official blog (bildblogs.ca).

Jayson Schwarz LL.M is a Toronto real estate lawyer and partner in the law firm Schwarz Law LLP. Visit the website at schwarzlaw.ca or email info@schwarzlaw.ca.

Yanic Simard is New Condo Guide’s design editor, principal designer of the award-winning Toronto Interior Design Group (tidg.ca), and regular guest expert on City’s Cityline. Check out Yanic’s accessory line, Yanic Simard Selected, online at ysselected.com

Sara Duck Wayne Karl Elisa Krovblit JUNIOR EDITOR

Sonia Bell DESIGN EDITOR

Yanic Simard

SALES MANAGER

Conni Robinson SENIOR ACCOUNT EXECUTIVE

Dionne Fraser dionne.fraser@wall2wallmedia.com SENIOR ACCOUNT EXECUTIVE

Nina Downs nina.downs@wall2wallmedia.com

SALES & MARKETING CO-ORDINATOR

Terry Bassett ADMINISTRATIVE ASSISTANT

Antoinette Jackson PRODUCTION MANAGER

CONDO PRO

STAT CHAT

Barbara Lawlor

Ben Myers

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 the GTA and overseas.

Ben Myers is senior vice-president of Market Research and Analytics at Fortress Real Developments. Follow his blog posts and commentary on the Canadian housing market at fortressrealdevelopments. com/news or follow him on twitter at @BenMyers29

INVESTOR ADVICE

Andrew la Fleur

Andrew la Fleur is an award-winning realtor with Re/Max. Andrew’s expertise is in helping investors make money in the Toronto condo market. Visit TrueCondos.com/ NewCondoGuide for a free gift. Contact Andrew at 416.371.2333 or andrew@truecondos.com

Bala Gnanapandithan PRODUCTION CO-ORDINATOR

Sandra Hanak-Vujnovic GRAPHIC DESIGNERS

Viosa Barileva, Miguel Cea, Hannah Yarkony Sandra Hanak-Vujnovic, Mike Terentiev

Published By

#500-401 The West Mall Etobicoke, ON M9C 5J5 T 416.626.4200 F 416.784.5867 newhomeandcondoguide.ca Call 416.626.4200 for advertising rates and information. distribution in select high-traffic street boxes, stores, banks, financial institutions and select condominium sales offices. COPYRIGHT 2015 All rights reserved by Wall2Wall Media. Reproduction in any form is prohibited. Contents of this publication are covered by copyright and offenders will be prosecuted under the law. TERMS Advertisers, editorial content and new condo guide are not responsible for typographical errors, mistakes or misprints. All prices are correct as of press time and are subject to change without notice. E. & O. E. EDITORIAL submissions from interested parties will be considered. Email to susan.legge@wall2wallmedia.com. The views and data expressed by columnists do not necessarily represent those of the publication. ADVERTISING

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NEIGHBOURHOOD TOUR

HOT TOPIC

MORTGAGE ADVICE

Lydia McNutt

Wayne Karl

Alyssa Richard

Lydia McNutt is an awardwinning writer and editor of New Condo Guide. Lydia’s love of architecture, interior design and the written word have landed her happily at home at Wall2Wall Media, where real estate rules. Email Lydia.McNutt@ wall2wallmedia.com, and follow her on Twitter @LydiasTweets

Wayne Karl is an awardwinning writer and editor with experience in real estate and business. In Fundamentally Speaking, Wayne explores the basics of buying property. Email wayne.karl@wall2wallmedia. com or follow him on Twitter at Twitter.com/WayneKarl

Alyssa Richard is the founder and CEO of ratehub.ca, a mortgage rate comparison site that aims to empower Canadians to make smart financial decisions.

4 NEW CONDO GUIDE JAN 31 - FEB 14, 2015

Please recycle this magazine! Wall2Wall Media participates in the Partners in Growth Reforestation Program through St. Joseph Communications. To date, Partners in Growth has planted over 2.5 million trees in parks, recreation and conservation areas, and other public spaces across Canada. Established in 1990, this program was started with Scouts Canada to help replenish the environment.

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8 NEW CONDO GUIDE | JAN 31 - FEB 14, 2015

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JAN 31 - FEB 14, 2015 NEW CONDO GUIDE 9

BILD REPORT

Differing opinions make for good debate By Bryan Tuckey

onversations around the way we are planning for growth in the GTA have been ignited by two recent publications with two very interesting perspectives. The first was an opinion piece published in a national newspaper asking if “Toronto’s Greenbelt had done more harm than good?” It marked the 10th anniversary of the passing of the Greenbelt Act by pointing out that while it did create the world’s largest permanent greenbelt, there have been some unintended consequences that need to be reviewed. The 120 reader comments on it make for some interesting reading. Another perspective comes from the Frontier Centre for Public Policy, which is an independent, non-profit organization that does research and education in support of economic growth. It released a report that focuses on “urban containment policy.” Titled Housing Affordability and the Standard of Living in Toronto, the report is authored by Wendell Cox who argues that policies like the Greenbelt “increase house prices relative to income, thereby reducing discretionary income and the standard of living while increasing poverty.” Cox, based in the U.S. and who owns an international public policy consulting firm, offers an analysis of Ontario’s growth plan introduced in 2006 that mandates intensification along urban centres and transit corridors while restricting suburban expansion. His key finding is the relationship between urban containment and housing affordability: placing artificial limits on the supply of land and housing drives up prices because of an excess of demand over supply. The building and land development industry believes it is important to build homes in complete communities that people can afford to purchase. With the GTA growing by up to 100,000 people every year, we have to build about 35,000 new homes to accommodate the growth. Yet as BILD has pointed out on numerous occasions, constrained land supply and outdated land-use planning policies have exponentially increased the cost of land and new homes. The cost of a new home in the GTA has doubled in the last decade, according to our source of new home market intelligence, RealNet Canada. Interestingly, the Toronto Board of Trade’s assessment of our stunted mobility as a threat to economic competitiveness in the region was in the report. BILD has long advocated for the need to build new infrastructure to accommodate growth, as well as the importance of developing a fair and reasonable infrastructure funding strategy – one that doesn’t ask new-home buyers to pay more when it will be used by generations of residents to come. The report recommends government and transit authorities establish housing affordability and economic development as the principal urban objective. It also suggests expanding the urban containment 10 NEW CONDO GUIDE JAN 31 - FEB 14, 2015

boundary, implementing infrastructure funding options that improve housing affordability and adopting transportation policies that increase mobility. These concepts and conversations are difficult. It’s important to have a fact-based discussion on how the GTA will continue to grow.

Bryan Tuckey is president and CEO of the Building Industry and Land Development Association and a land-use planner who has worked for municipal, regional and provincial governments. Follow him on Twitter @bildgta, facebook.com/bildgta and bildblogs.ca

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CONTENTS

JAN 31 – FEB 14, 2015

VOLUME 19

ISSUE 03

COVER STORY

20 Avani2 Tridel launches Avani 2 at

Metrogate, offering home ownership in a great location

COLUMNS / NEWS / HOMEBUYERS’ HELP 2

Editor’s Note

Contributors

10 BILD Report Diﬀering opinions make for good debate by Bryan Tuckey

16 Investor Advice Mortgage rate wars rage on by Andrew la Fleur

18 In The News 2014 new-home market “a decade in the making” 22 In The News Minto recognized for marketing innovation in new community building 24 In The News Empire Communities announces rebranding and expansion plans 12 NEW CONDO GUIDE JAN 31 - FEB 14, 2015

28 Hot Topic Luxury market growing in property type and demographics by Wayne Karl

32 Hot Dates GTA events to check out 33 Marketplace Richest red by Sara Duck

34 Stat Chat Oversupply of condos? No. Oversupply of analysis? Yes. by Ben Myers

50 Legally Speaking Deciphering legal language by Jayson Schwarz

52 Condo Pro New heights of luxury in your new condo by Barbara Lawlor

54 In The News Construction kicks oﬀ at 101 Erskine 56 In The News Construction at 90 Niagara set to start in March 2015

40 In The News Bank of Canada lowers overnight rate target to 3/4 per cent

62 Sweetest Suites Charm model suite is a breath of fresh air at Emerald City

44 Mortgage Advice Why you should pay attention to the Bank of Canada

68 In The News Strong new-home sales fuel job growth

by Alyssa Richard

70 Concert Properties Concert Properties’ The Kip recognized as “Best MasterPlanned Community” 74 Designer Advice The luxe look by Yanic Simard

80 Neighbourhood Profile Explore Yorkville

84 Condo Watch 416 Previews, new releases and grand openings in the 416

92 Quick Tips Calendars, planners and trackers

86 Event Celebrate Chinese New Year at Canary District

102 Condo Watch 905 Previews, new releases and grand openings in the 905

90 In The News Toronto homeowners, prepare for an increase in property taxes

113 Condo Buyers’ Resource Section

by Lydia McNutt

by Hellen Buttigieg

117 Advertiser Index

CONDO PROFILES

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GROUP 26 PEMBERTON CityLights on Broadway Coming soon to Yonge and Eglinton

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GROUP 104 GGrand Palace A life of luxury in Richmond Hill

GHODS BUILDERS 5959 Yonge St Condos Setting a record with first-of-a-kind amenities

108

ARMOUR HEIGHTS The Sorrento Condo A privileged lifestyle for those who’ve earned it JAN 31 - FEB 14, 2015 NEW CONDO GUIDE 13

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Exclusive Listing: CityLife Realty Ltd. Brokerage. Brokers Protected. Illustrations are artist’s concept. Specifications are subject to change without notice. E.&.O.E. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without prior written permission of The Daniels Corporation, is strictly prohibited.

JAN 31 - FEB 14, 2015 NEW CONDO GUIDE 15

INVESTOR ADVICE

Mortgage rate wars rage on COMPETITION GREAT FOR CONDO INVESTORS By Andrew La Fleur

he Bank of Canada’s recent decision to drop its overnight lending rate to 0.75 per cent has prompted some of the big banks to follow suit and lower their mortgage lending rate. TD has even reportedly predicted another rate cut by the BoC in the future. What does this mean for mortgage holders and condo investors? The mortgage rate wars are all good news, that’s for sure. 1. Low interest rates are great for your bottom line. Low interest rates make a big difference to your bottom line as an investor. How? By paying down your principal faster, you’ll also pay less interest. Consider this: on a $300,000 investment condo with 20 per cent down, at a three-per-cent interest rate, you will pay off $34,860 in principal in the first five years of your mortgage and $33,287 in interest. At a six-per-cent interest rate, you would pay down only $24,391 in principal and a whopping $67,739 in interest over the first five years of your mortgage. Buying the right condo, with the right mortgage rate, is a great move. 2. Low interest rates are here to stay. For the last five years it’s been the same old song from the skeptics: “Yes interest rates are low, but what happens to everyone when rates jump back up to normal?” The reality is that the interest rates are not going anywhere any time soon. The Bank of Canada has recently come out and admitted that rates aren’t going anywhere. The U.S. federal reserve is saying the same thing. No civilized country on earth is raising interest rates, so why would Canada? The U.S. economy, and therefore the world’s economy, is still sputtering along at a snail’s pace. It’s time to accept the fact that we will be in a low interest rate environment perhaps for the next decade or more. Are you going to sit on the sidelines and wait for higher rates or are you going to take advantage and act now?

3. When interest rates start to rise, don’t worry. Here’s why: The fears that people have about rising interest rates and a subsequent falling real estate market are irrational. Here’s why: if and when the Bank of Canada raises interest rates, that will mean that the economy is doing better than it is now, not worse. A better economy means more jobs and higher wages which means more demand for real estate, and thus prices will rise, not fall. Prices fall during recessions, not during times of growth. Rental rate increases may slow down as more people shift from renting to buying in the future, but as a landlord you win either way. Interest rates stay the same and more people will rent driving up your income from rents. Interest rates start to go up and more people will buy, driving up your property’s value.

Andrew la Fleur is an awardwinning realtor with Re/Max. Andrew’s expertise is in helping investors make money in the Toronto Condo Market. Visit TrueCondos.com/ NewCondoGuide for a free gift. Contact Andrew at 416.371.2333 or andrew@truecondos.com

16 NEW CONDO GUIDE JAN 31 - FEB 14, 2015

Go on vacation every time you come home That’s what owning Monarch on the waterfront is like. Monarch offers three landmark condominiums on the sought-after Humber Bay Shores waterfront. Impressive lobbies. Water views. Concierge services. Luxury amenities. Lounges and rooftop terraces. Nearby bars and restaurants. For resort lifestyle, Monarch has the waterfront covered. Choose Monarch first. Now Registered!

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first. *Prices, specifications and promotions are subject to change without notice. Rendering is artists’ concept and image is for mood and impression only. E.&O.E.

first date. Remember when it all started? First love. First memories. First accomplishments. And your first home. For almost a century Monarch has been central to so many important moments in people’s lives. So if you’re looking for a condominium, trust the oldest, strongest, most respected name in Canadian home building.

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Our Sky Suites lift luxury to a new level Queen West voted by Vogue as the 2nd coolest neighbourhood!

White volumes seemingly hover in mid air. Trees climb up the face of the building, like a forest reaching up the slopes of a mountain. And the amenities redefine luxe living. Picasso on Richmond is one of Toronto’s most striking architectural statements. It’s under construction now, rising over the heart of Queen West with views of Queen and Peter and the Entertainment District. Picasso on Richmond is very much a part of the celebrated Queen West experience, and is in the heart of the Toronto international Film Festival every year. You can even own a three bedroom suite from the $600’s! A location like no other, right at John and Richmond and just a 5 minute walk to the subway. Where else in downtown can you find space at this level and this price range? Only Picasso on Richmond. And only for now.

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IN THE NEWS

2014 new-home market “a decade in the making”

decade since the provincial government introduced its Greenbelt legislation and began a policy shift toward greater urban intensification, the 2014 market saw the lowrise new home price index reach record highs and a record number of highrise (condominium unit) completions, according to RealNet Canada Inc. and the Building Industry and Land Development Association’s (BILD), Strategic Review of the GTA’s 2014 new home market. “The results of the GTA housing market in 2014 were 10 years in the making,” notes George Carras, president of RealNet, Altus Group. “Our analysis of the 2014 market and the story the numbers tell is frankly less about the year that just passed and more about a policy decision made by the provincial government a decade ago. The desire to curb sprawl and encourage intensification has led to the continued condominium boom in the 416, spiking home prices and a widening price gap between lowrise and highrise housing product.” Among the figures released in the Strategic Review, RealNet confirmed that the lowrise new-home price index in 2014 closed at a record high of $705,813 – an increase of eight per cent from 2013, while the highrise price index was $454,476 - an increase of four per cent from

18 NEW CONDO GUIDE JAN 31 - FEB 14, 2015

2013. Additionally, the price disparity between lowrise and highrise homes widened in 2014, to a record-setting gap of $251,337. The 2014 lowrise market saw a significant bounce back from 2013 levels, selling 17,745 homes – representing $13 billion, an increase of 46 per cent over last year. While lowrise supplies increased by 33 per cent, sales outpaced supply by 1,437 units. For the highrise sector, 2014 boasted the third-highest sales of the last decade at 21,991, representing $10 billion. This comes in slightly under the 22,211 units sold in 2007, and the all time high recorded in 2011 of 28,492 units. Highrise sales also outpaced supply in 2014 by 2,254 units. Total new home sales in 2014 reached 39,736 or $23 billion, an increase of 41 per cent from 2013. The highrise market in 2014 saw a record number of condominium units completed (25,571), however the number of units under construction as of Dec. 31 dropped to 51,305 a decrease of 13, 598 from the prior year. Other data contained in the Review shows that the Index Size of a new condominium increased to 816 sq. ft. as the supply shifted toward two-bedroom units. The average price per sq. ft. was $557, an increase of two per cent from 2013. The Review also reports 1,991 total new home sales in December 2014, including 815 lowrise sales and 1,176 highrise sales. While year-over-year there is no change in the highrise sales total, lowrise totals for December are up over 40 per cent from last year, and more than two per cent over the 10-year average. “Every home that exists today was at one point a new home, and new home markets must operate within their given land use policy framework of the day,” says Carras. “A decade after the introduction of intensification policies, the extremity conditions in the market impacting the price and supply of lowrise and highrise homes does not signal the beginning of the end, but rather the end of the beginning.”

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AVANI 2 offers the lifestyle you’re looking for TRIDEL LAUNCHES AVANI 2 AT METROGATE; HOME OWNERSHIP IN A GREAT NEIGHBOURHOOD METROGATE IS HOME TO TRIDEL’S LATEST LAUNCH, AVANI 2. Located at Kennedy Road and Hwy. 401, Metrogate is a thriving, masterplanned, Green community – the first certified Leadership in Energy and Environmental Design (LEED) ND Silver neighbourhood development in Scarborough, featuring six condominium towers plus townhomes (currently occupied or under construction) designed by award-winning firm Graziani + Corazza Architects. Developed around a dynamic 1.7-acre central greenspace called Metrogate Park, this community boasts existing on-premise retail stores, lifestyle amenities, and on-site day care centres. “Metrogate is one of the great examples of how smart planning, good design, diverse selection and transit options can create a thriving new neighbourhood,” says Jim Ritchie, Tridel’s senior vice-president of sales and marketing. “Since we launched Metrogate seven years ago, it has always been one of the condominium market’s most popular communities – a trend that continues today, with the upcoming launch of Avani 2.”

Ideally suited to the first-time homeowner, young professionals or to those starting a new family, Avani 2 offers a range of welldesigned and well-priced suites in an established community – exactly what every buyer is looking for. “Avani 2 offers the chance for home ownership, without sacrifice,” Ritchie says. Priced from the low $200,000s, Avani 2 is a modern tower designed with clean, contemporary lines. Boasting more than 350 suites in a selection of sizes (from 469 sq. to

“Since we launched Metrogate seven years ago, it has always been one of the condominium market’s most popular communities – a trend that continues today, with the upcoming launch of Avani 2.” 875 sq. ft.), a wide variety of oneand two-bedroom layouts, some with dens, are available. These thoughtfully designed residences will feature superb finishes including plank laminate flooring throughout the main areas, eight-ft. ceilings (nine-ft. ceilings on upper floors) and a stacked energyefficient washer and dryer. Kitchens will include Energy Star stainless steel finish appliances, granite countertops with a ceramic backsplash, a double-basin undermount sink, refrigerator with bottom-mount freezer, sleek cabinetry and built-in ceran cooktop. Bathrooms will include cultured marble countertops, centre-mounted sconce lighting, a shower enclosure and/or soaker tub. Amenities to complement a beautifully balanced lifestyle abound at Avani 2, including a formal dining room and indoor party room with

kitchen, bar and lounge. Additional amenities include a theatre, billiards room, steam room and top-of-the-line fitness and weights studio. Residents can take advantage of the existing day care centre in the Metrogate community, and look forward to the arrival of a second day care centre planned by the developer with the launch of Avani 2. Outdoor amenities include a spacious outdoor terrace with barbecue and lounge areas and Metrogate Park. Complete with lush landscaped greenspaces, quiet secluded nooks, and a children’s playground, this 1.7-acre park is at the heart of this community. “While the community offers so much, the unparalleled location near Hwy. 401 and the DVP makes getting downtown, or out of town, fast and convenient,” says Ritchie. “And for those without a car, Avani 2’s location also makes taking public transit easy option.” With a myriad of transit options, shops and services already operating at Metrogate, and a wealth of everyday conveniences including restaurants, theatres, big box retailers and medical offices nearby, having it all has never been easier.

For more information on the launch of Avani 2, the newest phase at Metrogate, call 416.293.5535, email metrogate@tridel.com, go to tridel.com, or visit the presentation centre located at 52 Village Green Square, open Monday to Thursday, 11 a.m. to 7 p.m.; and Saturday and Sunday, noon to 6 p.m. JANUARY 17 - 31, 2015 NEW CONDO GUIDE 21

IN THE NEWS

Minto recognized for marketing innovation in new community building

ighlighting a savvy digital strategy and a consumer-first approach to marketing, Minto took home three gold and 16 silver awards from the recent, prestigious National Association of Home Builders (NAHB) 2015 National Sales and Marketing Awards. The awards highlight the real estate industry’s most innovative and competitive marketing and sales programs from across the globe. Hosted annually in Las Vegas, the ceremony marked the 35th year of the awards. Minto Yorkville Park took home gold for Best Advertising Campaign. Judges praised the project’s bold, luxe campaign aesthetic, which translated to over 5,000 registrants, fueling the preview launch and selling out 55 per cent of the project. Awarded gold for best Digital Marketing Campaign, Minto’s Longbranch was recognized for exceptional community engagement. The campaign leveraged social channels to drive traffic to the Longbranch sales centre, stimulating over 350 sales in less than one year. “An aggressive digital strategy is essential to remain competitive in today’s marketplace. For us, this means rethinking everything from customer engagement, product design, and development, in addition to marketing and sales,” says Natascha Pieper, director of Marketing for Minto Communities. With an exceptional portfolio of standout projects, including Yorkville Park, with its unparalleled location and luxurious design; Kingmeadow, Durham Region Home Builders’ Association Community of the Year; Orchard Park, which sold over 262 homes in less than one year; and Longbranch, it’s not surprising that Pieper was recognized by the NAHB with a silver award for Marketing Director of the Year. Minto is known as a trailblazer in sustainability practices, so it came as no surprise that Minto Longbranch was also awarded gold for Best Marketing of a Green/ Sustainable Program. Longbranch was recognized for its ability to cater marketing literature to the target buyer’s core values, converting interest to sales on the premise of the community’s exceptional sustainability features. Minto 22 NEW CONDO GUIDE JAN 31 - FEB 14, 2015

also won three silver awards in the same category for additional projects. These awards add to an ever-growing list of sustainability awards from organizations such as the Building Owners and Managers Association of Canada, the Canada Green Building Council, and the Green Toronto Awards. Minto was recognized in both 2012 and 2014 as the Ontario Home Builders’ Association’s Home Builder of the Year, an award that has a significant sustainability component, and in 2013 as the Building Industry and Land Development Association’s LowRise Green Builder of the Year. To date, Minto has qualified approximately 3,000 lowrise homes under the Energy Star standard and Minto Yorkville Park is set to become the company’s 15th Leadership in Energy and Environmental Design certified building. “We take a really hands-on approach to marketing, following a consumer goods model, which is unique in our industry,” says Amanda Wilson-Watkins, vice-president of marketing and sales for Minto Communities. “I think this award speaks to the unique vision that we develop for our projects, and execute strategically with our consultants. We align our marketing strategy with the needs of our customers. Studying analytics is a big part of that as well.”

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IN THE NEWS

Empire communities announces rebranding and expansion plans RENEWED BRAND TO DRIVE CONTINUED GROWTH IN ONTARIO AND THE UNITED STATES

mpire Communities is looking ahead to the future and celebrating its pioneering history with an exciting company rebranding. Over the past 20 years, Empire has built more than 10,000 single-family and highrise homes across Southwestern Ontario and the GTA. Empire is now one of the top builders of master-planned communities in the province, and the largest Energy Star builder in Southwestern Ontario. The company has received over 90 awards for outstanding service and achievement, including the Green Builder of the Year Award, from the Building Industry and Land Development Association, Hamilton-Halton Home Builders’ Association, Waterloo Region Home Builders’ Association and EnerQuality. “Empire has grown from a small, single-project property developer to become one of Canada’s largest home builders,” says Daniel Guizzetti, co-founder, CEO and president. “By revitalizing our brand we’re commemorating our legacy of building inspiring homes and neighbourhoods of enduring value. But we’re also sharpening our focus on our continued growth, and building on what we’ve always delivered – confidence, trust and optimism in the home-buying experience.” With its rebranding, Empire has also announced that it is currently expanding into the U.S., specifically Texas, and plans to continue its growth in Ontario with the possession of enough land to accommodate 20,000 new single-family and highrise homes. The 20-year milestone and recent expansion of Empire have been catalysts for the company rebranding. “This rebranding process gave us the opportunity to pause and look at what Empire has accomplished – the ‘What’ and the ‘Why’ of our work,” says Paul A. Golini Jr., co-founder and executive vice-president, Industry Relations. “We love what we do and that’s seeing how a small neighbourhood or community can grow just from an idea.” “We are a land developer and a home builder that creates single-family detached homes and highrise condos. We were one of the first in the industry to practice all three disciplines,” says Andrew Guizzetti, co-founder, CFO and executive vice-president. “And as we move ahead into the next 20 years, we will reflect on our history, build on our solid reputation as a company that instills confidence and trust, and continue our commitment to creating sustainable communities and homes that make luxury living more affordable for everyone.” The company’s renewed look and feel is the product of a year of brand strategy and design work led by Toronto branding agency Distility. “This was a rare rebranding process – tremendously collaborative,” says Distility CEO 24 NEW CONDO GUIDE JAN 31 - FEB 14, 2015

Axle Davids. “The new brand was co-created by customers, a crosssection of Empire team members and the founders. They all helped make it the very best it can be,” he adds. Working with Distility was internationally renowned graphic designer Carmen Dunjko, founder of Pod 10 Art + Design. Dunjko has worked with The National Ballet of Canada, The City of Toronto, Club Monaco, Random House and Holt Renfrew, among others. Empire executive-pice president of Corporate Development, Andrew Guido, spearheaded the rebranding effort. “The new brand features confident colours and a crisp, friendly tone of voice. The ‘Crown E’ in our logo is the perfect symbol respecting our past yet representing our future, along with the inspiration we bring to our work,” he says. “Our new brand also includes a simplified way of naming industryleading offers like the Empire Heroes and Empire Easy Buy programs. Most importantly, it’s all driven by a clean new design system, which will let us efficiently scale our brand as we grow – at home and in new markets.”

For more information about the new Empire brand, please visit empirecommunities.com/brand

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*The First Home Boost Program is not available on the townhomes and is only available on a limited number of suites.**Conditions apply. Parking, locker and maintenance incentive are only available on a select number of home types. Exclusive Listing: CityLife Realty Ltd. Brokerage. Brokers Protected. Illustrations are artists concepts. Prices and specifications are subject to change without notice. E.&O.E. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without prior written permission of The Daniels Corporation, is strictly prohibited.

CONDO PROFILE

PEMBERTON GROUPâ&#x20AC;&#x2122;S CITYLIGHTS ON BROADWAY coming soon to Yonge and Eglinton

idtown Toronto holds a bright future for you, as Pemberton Group will soon introduce CityLights on Broadway. Situated in the vibrant YongeEglinton neighbourhood, this brand new condominium community will offer the height of urban sophistication, and prices begin from just $199,990. The area pulses with a city-chic vibe, and every necessity imaginable lies within easy walking distance. Local restaurants span the gamut

CityLights offers the height of urban sophistication

26 NEW CONDO GUIDE JAN 31 - FEB 14, 2015

from casual bistro and café cuisine to fine dining destinations. Undergoing a $100-million update, Yonge Eglinton Centre features 75 shops and services including Cineplex Silver City and a Metro grocery store. Locally, residents can quickly access a multitude of other shops, recreational facilities and amenities. The Yonge subway line is handy for north-south trips, and the new Crosstown LRT will provide an east-west transit corridor linking to 54 bus routes, three subway stations and a variety of GO Transit lines. For CityLights, Pemberton Group has assembled a multi-award-winning design team that includes Wallman Architects and Cecconi Simone. Destined to become a neighbourhood beacon, this contemporary landmark will encompass two 34-storey towers with clean, slender lines and large expanses of glass linked by a stunning five-storey podium. From the landscaped entrance, residents and visitors will be welcomed into the dramatic lobby with its lighted wall and ceiling sculpture, custom banquettes and concierge desk, staffed 24-7. Housed within the podium, The Broadway Club is comprised of more than 18,000 sq. ft. of unique indoor leisure and entertainment facilities, as well as over 10,000 sq. ft. of outdoor amenity space offering spectacular views. In the fourth-floor sports court, residents can play badminton or challenge family

Destined to become a neighbourhood beacon, this contemporary landmark will encompass two 34-storey towers with clean, slender lines and large expanses of glass linked by a stunning five-storey podium The Broadway Club boasts over 10,000 sq. ft. of outdoor amenities

and friends to a rousing game on the basketball half-court. The fifthfloor fitness centre will have a yoga, Pilates and spinning studio; cardio studio with treadmills, elliptical and spin bikes; strength training with fit box and free weights; men’s and women’s change areas with showers and steam rooms; plus a juice bar and lounge. The landscaped podium rooftop will be graced with comfy hammocks; two pools connected by a bridge and surrounded by cabanas; lounging areas; open fire pits with seating; and barbecue areas. The tiered amphitheatre will be ideal for watching a movie under starry skies and warm nights. CityLights will also have three beautifully appointed guest suites. Suite interiors are infused with natural light from floor-to-ceiling windows. Mellow tones and neutral colour palettes set the meticulously detailed scene, along with wide-plank laminate flooring, quartz window sills and smooth-finish ceilings. Gourmet-inspired kitchens come with custom-style cabinetry, quartz countertops, a back-painted glass tile backsplash and six quality stainless steel appliances. Sumptuous ensuites feature quartz countertops, soaker tubs and frameless glass shower doors, all as per plan. With over 50 years’ experience in creating successful residential and commercial developments, Pemberton Group has earned a reputation for building outstanding communities across the Greater Toronto Area.

To register for CityLights on Broadway, visit online at CityLightsCondos.ca or call 905.326.4100. For more information on all of Pemberton Group’s many fine communities, visit PembertonGroup.com. You can also follow Pemberton on Facebook and Twitter. JAN 31 - FEB 14, 2015 NEW CONDO GUIDE 27

HOT TOPIC

High-end expansion LUXURY MARKET GROWING IN GEOGRAPHY, PROPERTY TYPE AND DEMOGRAPHICS By Wayne Karl

ot that long ago – and by that we mean as recently as just a few years – luxury housing in the GTA was a pretty narrowly defined market. Ultra-exclusive highrise condos (with or without hotel suites) in the Financial District, and a few in tony Yorkville (some of the boutique variety, some not), snapped up by the established and well-heeled. In 2015, however, the luxury landscape has changed dramatically. Thanks to what some call a “perfect storm” of low interest mortgage lending rates, rising real estate values and a solid employment picture, the luxe category is expanding in terms of geography and property type. It’s also opening up to a younger generation of buyers. “This trend can be attributed to the boost in immigration, as the city welcomes more than 100,000 new residents yearly, in addition to international investors, strong consumer confidence and low interest rates,” Alda Neves Dubé, director of sales and marketing for Intercity

Realty Inc., Brokerage. Based in Vaughan, Intercity represents a number of luxury developments for Greater Toronto Area builders. “The GTA is the epicentre of Canada’s economy and international centre of commerce, technology and research,” she adds. “It’s safe, clean and offers superior educational institutions and a first-class health care system. It’s a magnet for people from across the country and around the globe. These factors make our city an internationally desirable place to live.” Not only are people entering the luxury market at a younger age, they are able to afford more, according to Debbie Cosic, CEO, founder and broker of record at In2ition Realty, Mississauga. In2ition helps market luxury properties in the GTA. “We have interest rates currently available at 2.35 per cent, while 10 years ago, the average interest rate was 5.78 per cent,” says Cosic. “This means a $500,000 continued on pg. 30

28 NEW CONDO GUIDE JAN 31 - FEB 14, 2015

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HOT TOPIC continued

TRENDS DRIVING LUXURY MARKET DEMAND

mortgage 10 years ago carries for almost the same amount as $1-million mortgage does today.” None of the factors driving luxury market demand, including favourable interest rates, are likely to weaken in the next year or so, says real estate consultant and investment expert Don R. Campbell, so growth in this category should continue. This means buyers will have a wider range of choices for both neighbourhood and housing type. There are still plenty of highrise options in the downtown core and Yorkville, but also expanding offerings outside the city – including luxury condos in Vaughan, for example, but also townhomes and estate homes in a variety of locations, that appeal for different reasons. “We have seen the greatest growth in our 905 new home luxury markets, particularly Oakville and Mississauga,” says Cosic. “Out of our eight current luxury home developments, we have seen an average of 10 per cent growth annually, where the comparable resale market has increased at six per cent.” Neves Dubé concurs that suburban locations, such as Vaughan, Brampton, King City, Nobleton and Markham, are able to offer more for less. “Larger lots, abundant greenspace, unparalleled features and finishes, gourmet kitchens, lavish ensuites, wine cellars and more – all for less than you would pay for in the city.” When it comes to property type, what distinguishes lowrise luxury buyers from their highrise counterparts is usually one thing – lifestyle. “The benefits of highrise luxury living are far beyond stunning views and turnkey lifestyle,” says Neves Dubé. “It extends to exclusive use to an array of building amenities and services, such as concierge and security personnel, full spa, state-of-the-art gym facilities, entertaining rooms, landscaped terraces, in-house dining and restaurants. “Luxury condos are fitted with top-quality features and design elements you’d find in world-class hotels and the swankiest homes.” Lowrise luxury buyers, on the other hand, are looking for generous yard and interior space, often in communities with natural surroundings and close to everyday amenities. Homes are richly appointed with high architectural standards, and generous and detailed outdoor spaces. “There tends to be a shortage of lowrise luxury home listings in the city, creating intense competition and driving prices up,” says Neves Dubé. “However, the 905 offers an ample variety of quality-crafted luxury home types, ranging from executive towns and semis to lofty bungalows and detached estate homes.” 30 NEW CONDO GUIDE JAN 31 - FEB 14, 2015

» Economic confidence is high in higher-income and higher-networth households » Many higher-income/net-worth families have already purchased their “second/vacation property” in the U.S. or Canada during the downturn, so their next move is to upgrade their home lifestyle » Low mortgage interest rates allow higher priced homes to be more accessible (on a monthly payment basis) to a larger cohort of Canadians » The fear of mortgage interest rate increases that were spread throughout 2014 pushed buyers into the market more quickly than underlying economics would normally dictate » Investment alternatives (savings and bonds, for example) are providing higher net worth individuals with lower return » In certain cities, an influx of foreign investment seems to be focused on the higher end of the market Source: Don R. Campbell

The 905 also provides affordable pricing options without sacrificing grandeur, luxury features and finishes, lot size, greenspace and amenities. Regardless of what area or luxury property type you favour, know this: the strong market performance is likely to continue, though perhaps not at the same pace as the last few years, according to Campbell. “The luxury market will continue to feel strong upward pressure, due to the perceived recovery in economies around the world (including U.S. and Europe),” he says. “This confidence begins to open the taps of those who have been sitting in the safety position of cash or GICs.”

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*Free maintenance, free parking, and free locker — as well as cash incentives — are only available on selected suites for a limited time. The 5% deposit program is only available on a limited number of suites. Free maintenance is available for a maximum of one (1) year, and does not include parking or locker maintenance fees. Other conditions apply. See Sales Representative for full details. Exclusive Listing: City Life Realty Ltd., Brokerage. Brokers Protected. Prices and specifications are subject to change without notice. Illustrations are artist’s concepts. E & O.E.

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HOT DATES

JAN/FEB 2015 Calendar of events taking place from Jan. 31 – Feb. 14

Jan. 30 – Feb. 12

Feb. 1 – 7

Winterlicious

La Poutine Week

VARIOUS VENUES ACROSS TORONTO Winterlicious is coming to an end, which means you have a limited time to indulge in Toronto’s amazing food scene. More than 200 restaurants are participating in the prix-fixe program, allowing you to experiment with all sorts of world-class cuisines at great prices. Visit online for more details. www1.toronto.ca

VARIOUS VENUES ACROSS TORONTO Good news for all the poutine aficionados out there! La Poutine Week is just around the corner! This year, 23 Toronto restaurants will be pulling out all the stops to make a unique poutine dish. For only $10, you can experiment with this classic Canadian dish and vote for your favourite on Poutine Week’s site. lapoutineweek.com

Feb 10 – 15

Feb. 14 & 15

TIFF BELL LIGHTBOX The Toronto Black Film Festival (TBFF) is back and will feature even more films than in previous years. In honour of Black History Month, TBFF celebrates diversity within black communities through outstanding films from around the globe. Tickets are now on sale. torontoblackfilm.com

KENSINGTON MARKET Valentine’s Day is upon us! This year, Valentines Day falls on a Saturday, meaning you have a whole day to devote to your loved one. Head over to Kensington Market where you’ll be given six select tastings. Enjoy some artisanal breads and cheeses, sandwiches, pastries and more. savourtoronto.com

Toronto Black Film Festival

32 NEW CONDO GUIDE JAN 31 - FEB 14, 2015

Valentines Day Food Tour

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The dimensions shown on this plan are approximate only. Actual useable floor space within the unit may vary from any stated floor areas or dimensions on this plan. shown onmethod this plan are for approximate Actual useable within the unit may vary from any statedNo. floor or dimensions this plan. For The moredimensions information on the used calculatingonly. the floor area of anyfloor unit,space reference should be made to Builder Bulletin 22 areas published by Tarion.on February 2011. For more information on the method used for calculating the floor area of any unit, reference should be made to Builder Bulletin No. 22 published by Tarion. February 2011.

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JAN 31 - FEB 14, 2015 NEW CONDO GUIDE 33

STAT CHAT

Oversupply of condos? No. Oversupply of analysis? Yes. By Ben Myers

verybody has an opinion on the future of the Toronto housing market, and just about everyone has made a forecast regarding upcoming activity. To be honest, there are probably way too many people with not enough knowledge about the market making forecasts and gaining media attention. Early last year I made my forecast for housing starts in a bi-annual report called The Market Manuscript, which is available for download on our website. Of course, the typical comment I get is that I work for a development and investment company with interests in real estate, so my opinion is biased and should not be trusted. My forecast for housing starts in the Toronto Census Metropolitan Area (CMA) was 29,000 compared to the 27,000 predicted by TD, 27,700 by Will Dunning Inc, 32,000 by Central 1 Credit Union, 33,900 by Canada Mortgage and Housing Corp. (CMHC), and 38,720 by the Conference Board of Canada. I guess in the end I was a little too bearish, as the final total was 28,929 units. I was off by less than one per cent and better than all of these other (non-biased) sources. Of those 29,000 housing starts, just under 13,000 were for condominium apartments according to CMHC – the lowest level in over four years, and well below the 10-year average of 15,840 units. In a few years when these projects are built, we might be under-supplying the market. The condominium market in Toronto has been a magnet for terrible forecasts, many being made by fringe analysts that never pan out. The funny thing is that despite making these terrible forecasts, they don’t get fired from their jobs but on the contrary, they continue to be sought out for their opinion! Having said that, I’m glad people don’t generally get fired for making bad forecasts, as my prediction for 2014 new condominium sales in the Toronto CMA was about 35 per cent too low! Yet, people complain that I’m too optimistic. Well, I should be more optimistic in 2015. New highrise sales last year jumped almost 40 per cent over 2013 according to RealNet Canada Inc., and unsold inventory fell approximately 10 per cent. Urbanation reported that condominium rental activity smashed all previous records in 2014, and rental rates continue to increase.

New highrise sales last year jumped almost 40 per cent over 2013 according to RealNet Canada Inc., and unsold inventory fell approximately 10 per cent 34 NEW CONDO GUIDE JAN 31 - FEB 14, 2015

In conclusion, take all forecasts with a grain of salt (mine included), but take comfort in knowing the market conditions in the Toronto condominium market were much better in 2014 than 2013, and for the first time in a decade, fewer condo completions are scheduled in the current year, compared to the year prior. Pick your neighbourhood, do your research, and find a great new suite this year. Happy condo hunting.

Ben Myers is senior vicepresident of Market Research and Analytics at Fortress Real Developments. Ben assists in evaluating the market and projects that Fortress engages in. Follow his blog posts and commentary on the Canadian housing market at fortressrealdevelopments.com/ news or follow him on twitter at @BenMyers29

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36 NEW CONDO GUIDE JAN 31 - FEB 14, 2015

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JAN 31 - FEB 14, 2015 NEW CONDO GUIDE 37

IN THE NEWS

BANK OF CANADA lowers overnight rate target to 3/4 per cent

he Bank of Canada has announced that it is lowering its target for the overnight rate by one-quarter of one percentage point to 3/4 per cent. The Bank Rate is correspondingly one per cent and the deposit rate is 1/2 per cent. This decision is in response to the recent sharp drop in oil prices, which will be negative for growth and underlying inflation in Canada. Inflation has remained close to the two-per-cent target in recent quarters. Core inflation has been temporarily boosted by sector-specific factors and the pass-through effects of the lower Canadian dollar, which are offsetting dis-inflationary pressures from slack in the economy and competition in the retail sector. Total CPI inflation is starting to reflect the fall in oil prices. Oil’s sharp decline in the past six months is expected to boost global economic growth, especially in the United States, while widening the divergences among economies. Persistent headwinds from de-leveraging and lingering uncertainty will influence the extent to which some oilimporting countries benefit from lower prices. The Bank’s base-case projection assumes oil prices around US$60 per barrel. Prices are currently lower but the belief is that prices over the medium term are likely to be higher. The oil price shock is occurring against a backdrop of solid and more broadly-based growth in Canada in recent quarters. Outside the energy sector, of note are increased foreign demand, stronger exports, improved business confidence and investment, and employment growth. However, there is considerable uncertainty about the speed with which this sequence will evolve and how it will be affected by the drop in oil prices. Business investment in the energy-producing sector will decline. Canada’s weaker terms of trade will have an adverse impact on incomes and wealth, reducing domestic demand growth. Although there is considerable uncertainty around the outlook, the Bank is projecting real GDP growth will slow to about 1 1/2 per cent and the output gap to widen in the first half of 2015. The negative impact of lower oil prices will gradually be mitigated by a stronger U.S. economy, a weaker Canadian dollar, and the Bank’s monetary policy response. The Bank expects Canada’s economy to gradually strengthen in the second half of this year, with real GDP growth averaging 2.1 per cent in 2015 and 2.4 per cent in 2016. The economy is expected to return to full capacity around the end of 2016, a little later than was expected in October. Weaker oil prices will pull down the inflation profile. Total CPI inflation is projected to be temporarily below the inflation-control range during 2015, moving back up to target the following year. Underlying inflation will ease in the near term but then return gradually to two per cent over the projection horizon. 40 NEW CONDO GUIDE JAN 31 - FEB 14, 2015

The oil price shock is occurring against a backdrop of solid and more broadly-based growth in Canada in recent quarters. Outside the energy sector, of note are increased foreign demand, stronger exports, improved business confidence and investment, and employment growth. The oil price shock increases both downside risks to the inflation profile and financial stability risks. The Bank’s policy action is intended to provide insurance against these risks, support the sectoral adjustment needed to strengthen investment and growth, and bring the Canadian economy back to full capacity and inflation to target within the projection horizon.

The next scheduled date for announcing the overnight rate target is 4 March 2015.

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Finally! Everything you’ve been looking for in the heart of the city has arrived! The Bartholomew collection of condominium suites and traditional towns is redefining downtown living. Smart designs, impeccable designer finishes, outstanding amenities, and townhomes with private backyards – all just steps from a new 6-acre park, aquatic centre, MLSE athletic grounds, schools, shopping, and dining. And, the TTC is at your door. This is an extraordinary opportunity to own a new home in the awardwinning, world-leading Regent Park revitalization – In the heart of it all, you can have it all. Exclusive Listing: CityLife Realty Ltd. Brokerage. Brokers Protected. Illustrations are artist’s concepts. Prices and specifications are subject to change without notice. E.&O.E. Reproduction in any form, without prior written permission of The Daniels Corporation, is strictly prohibited. *Conditions apply, see sales representative for full details. **Conditions apply. First Home Boost Program is only available on a limited number of suites.

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CONDO PROFILE

THE BARTHOLOMEW CONDOMINIUM SUITES AND TOWNS COMING SOON Register today for Toronto’s newest Downtown East community

n Toronto’s Regent Park, the lifestyle opportunities offered by The Daniels Corporation are capturing the interest of buyers seeking outstanding urban living for great prices. The Bartholomew, Daniels’ newest collection of condominium suites and condominium townhomes, is the latest addition to the award-winning, world-leading Regent Park revitalization. With suite prices beginning from the low $200,000s and towns from the mid-$500,000s, the opportunity to own a new home will be attainable for professionals, growing families, emptynesters, singles and couples. The Bartholomew includes a 13-storey condominium and 30 condominium townhomes designed by renowned Quadrangle Architects Limited. Residents’ exclusive amenities will include a party room with kitchen/bar,

42 NEW CONDO GUIDE JAN 31 - FEB 14, 2015

a 24/7 lounge, pet spa, and landscaped courtyard with gardening plots. An indoor fitness centre will be accompanied by a multi-purpose room offering Wellbeats, which enables people to select fitness classes, invite friends and exercise guided by professional on-screen instructors. The condo suites feature nine- and 10-ft. ceiling heights; laminate, porcelain and ceramic flooring; kitchens with quartz countertops, porcelain tile backsplashes and European-style stainless steel appliances; bathroom vanities with quartz countertops, deep soaker tubs and glass showers. The Bartholomew will also offer three-storey townhomes with designer finishes. Townhomes include nine-ft. ceilings on the ground, second and third floors,

oak staircases stained to match the floor colour and private rear yards with a gas line perfect for outdoor barbecue entertaining. To take townhome living to the next level, consider The Bartholomew’s exclusive Sutton Collection, just seven luxury towns nestled on Sutton Street. These residences will redefine downtown living with fourlevel, two- and three-bedroom townhomes with rooftop terraces, private garages, finished lower levels and the opportunity to select designer finishes. The Bartholomew is nestled in the centre of Toronto’s most vibrant neighbourhood. The suites and towns will be steps to Daniels Spectrum – a 60,000-sq.-ft. cultural hub named the 2013 Best New Event Venue in Canada by BizBash; Paintbox Bistro, featuring live entertainment and the cuisine of Chef Chris Klugman; a six-acre community park; the Regional Aquatic Centre; a Community Centre currently under construction; FreshCo by Sobeys; Rogers; Tim Hortons; RBC Royal Bank; and the conveniences of schools, public transit, and during the growing season, The Regent Park Farmers’ Market. Plans for Phase Three of the revitalization include the 2.8-acre Regent Park Athletic Grounds funded through the support of MLSE Foundation. The ice rink is already complete and in use. In minutes, Regent Park residents can also walk to the Eaton Centre, Bay Street, Leslieville, Cabbagetown, the Distillery District, Nathan Phillips Square, and more. If you do not own a home and are currently renting, you may qualify for Daniels’ exclusive First Home BOOST.

This powerful down payment program provides an interest-free, payment-free loan for an additional 10 per cent of the purchase price, turning your five-percent deposit into a 15-per-cent down payment! You can carry a mortgage for only 85 per cent of the purchase price, meaning lower monthly carrying costs. Registrants who join The Bartholomew Inner Circle are entitled to be among the first to purchase, with an invitation to Daniels’ Preview Event and First Advance Sale before the general public. Inner Circle members will enjoy preview pricing and the most comprehensive choice of homes, floors and views. A $300 registration fee is required, which will be applied toward the purchase of your suite, or fully refunded if you choose not to purchase. The Daniels Corporation (danielshomes.ca) is one of Canada’s pre-eminent builders/developers, building more than 25,000 new homes across the GTA for 33 years. Daniels was chosen to partner with Toronto Community Housing to revitalize Regent Park. Committed to community, Daniels offers innovative programs that help people achieve home ownership, champions neighbourhood initiatives that enhance residents’ quality of life, and supports numerous charities and non-profit organizations.

To register for The Bartholomew, visit Daniels’ Regent Park presentation centre at 500 Dundas St. E., call 416.955.0559 or visit DanielsBartholomew.com. JAN 31 - FEB 14, 2015 NEW CONDO GUIDE 43

MORTGAGE ADVICE

Why you should pay attention to the Bank of Canada By Alyssa Richard

cent (so you’d be up to 3.50 per cent). At that rate, your monthly mortgage payment would be $1,841, which is an additional $190 per month or $2,280 per year you’d need to find in your budget to pay for. Before this latest BoC rate announcement, the overnight lending rate sat at one per cent for four years straight. Economists don’t predict any major upward movement in the near future, so you may not need to worry about this for a while. However, its a good idea pay attention to what the BoC says in its announcements, and prepare your budget for what’s to come.

ou’ve probably seen a few headlines about the Bank of Canada’s (BoC) recent surprise decision to drop its key interest rate to 0.75 per cent. Related reading includes how the economy has shaped the central bank’s decision to change the rate, and how the monetary policy has been updated. It’s a lot of information packed into one article, so don’t feel bad if some of it goes over your head at first. However, if you have a mortgage – particularly a variable-rate mortgage – you may want to add a calendar reminder for each BoC announcement, released every six weeks. Why? Well, because if the overnight lending rate goes up, so could your monthly mortgage payment. To explain how this works, let’s start with some background information. The overnight lending rate is the interest rate at which banks borrow and lend money to one another, to cover the transactions they make each day. Changes to this interest rate can directly result in changes to other interest rates, such as for consumer loans and, you guessed it – mortgages! This is because each bank’s prime rate is attached to the overnight lending rate. So, as an example, if the overnight lending rate goes up by 0.50 per cent, your bank’s prime rate will also go up by 0.50 per cent. And if you have a variablerate mortgage, which is attached to prime rate, your mortgage rate and payment will follow suit. Let’s assume you bought a home for $400,000, put down 10 per cent and amortized your mortgage loan over 25 years. If your bank gave you a five-year variable-rate mortgage of prime minus 0.50 per cent (say, at 2.50 per cent), your monthly mortgage payment would be $1,651. If, at any time during that five-year term, the overnight lending rate went up by one per cent, your bank’s prime rate – and therefore your mortgage rate – would also go up by one per 44 NEW CONDO GUIDE JAN 31 - FEB 14, 2015

Alyssa Richard is the founder and CEO of ratehub.ca, a mortgage rate comparison site that aims to empower Canadians to make smart financial decisions.

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CONDO PROFILE

5959 YONGE ST CONDOS set a record with first-of-a-kind amenities to be offered in a condominium

new, architecturally stunning two-tower highrise condominium is destined to become a Toronto landmark. 5959 Yonge St Condos by Ghods Builders is located at the corner of Yonge Street and Cummer Avenue (just north of Finch Avenue.) This modern marvel will rejuvenate the neighbourhood into an exciting, vibrant community with 15,000 sq. ft. of boutique-style retail space along Yonge Street. 5959 Yonge St Condos is ideally located within a six-minute walk of the Finch subway station with easy access to the TTC, GO Transit and York Region’s Viva transportation system. Ghods raises the bar in condo lifestyle by providing residents with approximately 40,000 sq. ft. of shared amenity space on four floors. The condos will feature a glass multi-sport LED fitness court with adjustable lines to play over a dozen sports – a first-of-its-kind in the world to be offered in a condominium!

Other amenities include a 10-pin bowling alley, movie theatre, media room, a Zen river garden, reflecting pools, a yoga/Pilates studio, state-of-the-art fitness centre, outdoor cabana rooms, rooftop patio and barbecue areas. The resort-inspired indoor pool area boasts a rain room, wet steam room and dry sauna. The “Sky Atrium” juts out of the 32nd floor – about two-thirds of the way up the first 43-storey tower – and cantilevers out the side of the building offering dramatic views of the city from the Chai Room. “If I wouldn’t buy it myself, I can’t sell it,” says Ghasem Ghods, president of Ghods Builders. This has been his business philosophy since he founded the family business in 1979. Over the past 35 years, Ghods Builders has designed and built hundreds of custom homes and condominiums. Ghods’ dream team on the 5959 Yonge St Condos project includes Kirkor Architects, Terraplan Landscape Architects and Design Theory interior designers, along with Ghods’ in-house architectural team. 5959 Yonge St Condos will be tall, sleek and sophisticated. The towers will offer connectivity to Yonge Street, with a canopied pedestrian realm for shopping and dining. Inside, the suites were designed efficiently to maximize everyday living. Ghods and his team have selected the highest quality finishes such as custom cabinetry, quartz countertops and stainless steel integrated appliances in the kitchen, and the integrated countertops and European-style sinks in the bathroom. Prices will start at just $288,900, representing outstanding value for this exciting state-of-the-art building boasting superior design finishes. Suites are available in one-bedroom, one-bedroomplus-den, two-bedroom and two-bedroom-plus-den layouts, ranging in size from 510 to 750 sq. ft. Units can be combined to create layouts over 1,000 sq. ft.

For more information, visit 5959yonge.com or call 416.222.5959. 48 NEW CONDO GUIDE JAN 31 - FEB 14, 2015

INTRODUCING

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LEGALLY SPEAKING

Deciphering legal language: DEEDS, TRANSFERS, MORTGAGES, CHARGES, DISCHARGES AND UNDERTAKINGS By Jayson Schwarz

or the average homebuyer, there are some legal terms that require translation. The Government of Ontario keeps records of every piece of property in the province. These records are called the “title documents.” The document on file, that says who owns the property, is called the “transfer,” or “deed.” All of these documents are filed with the government – a process that is called “registering” the document. When a bank lends money and gets a record of this loan on title, the document is called the “mortgage” or a “charge.” When the charge is paid off, a new document is filed with the government office and it is called a “discharge.” If only part of the charge is paid off, a document called a “partial discharge” can be filed. There are many other documents, but these are a good starting point. Usually when a developer/builder starts a new-home project, he will go to a bank or other financial institution and just like you, arrange for a mortgage or charge. The difference, however, is that this can be a huge charge. As an example, the builder/developer may have a $50- or $60-million “blanket” charge applied to enable him/her to create and build the project. The next thing that happens is that the house or condominium is built and sold, and it is time for closing. In the Agreement of Purchase and Sale will be a clause that will relate to the discharge of that part of the blanket charge which affects the property you are buying. The builders’ lawyers (the good ones, in any case) add the clause that the purchaser will accept the promise (undertaking) of the builder’s lawyer to register the partial discharge in a reasonable period of time, but will give on closing two important things: a| a letter (“discharge statement”) from the bank or other financial institution (“mortgagee” or “charge”) setting out how much money has to be paid to the chargee to obtain the partial discharge; and b| a direction from the builder to the purchaser, telling the purchaser to pay the amount of money needed to obtain the partial discharge directly to the chargee. The clauses I will not accept stop with the purchaser being forced to accept the builder’s or the builder’s lawyer’s undertaking to register a partial discharge, without the other information. Now, I do not believe the builder or the builder’s lawyers who do not include this information would give the promise without meaning it, but what about things out of their control? For example, if: › the builder goes bankrupt › the builder has a dispute with the bank › some other party seizes the money from the builder › the builder has an internal shareholders dispute and assets are frozen › the lawyer goes to Argentina with the money › the builder goes to Tahiti with the money

If we had followed a) and b), none of that would matter. My complaint is that it does not cost the builder anything to give this piece of mind and security to the purchaser. It is just usually the fault of some lawyer trying to prove how good he or she can be. So be careful. Watch for these tricky clauses and consult a lawyer, because only a lawyer can provide legal advice and care enough to catch these kinds of things.

Jayson Schwarz LL.M. is a Toronto real estate lawyer and partner in the law firm Schwarz Law LLP. Visit schwarzlaw.ca or email info@schwarzlaw.ca and give us your questions, concerns, critiques and quandaries.

CO M I N G S O O N

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CONDO PRO

New heights of luxury in your new condo By Barbara Lawlor

t’s a wonderful thing when coming home feels like a luxury, every day. That’s the case with many condominiums today, which offer amenities and services similar to a resort. This lifestyle choice is becoming increasingly popular with people who value their leisure time. The freedom from worrying about building maintenance, repairs and upkeep is fabulous, and is only the beginning of the resort mood that a modern condominium offers. For me and so many others, the ambience starts in the lobby, which really does set the tone for the building. Developers put a lot of thought into lobby design to provide a setting that is like a beautiful hotel, with gorgeous décor and the convenience of being able to access concierge service. In addition to the built-in security this service provides, the concierge presents a professional first impression to guests, announces visitors and offers practical services such as receiving packages and deliveries for residents who are away. Some condominium concierges will even go as far as booking theatre tickets, scheduling dog-walking and the like. Some condominium residences sit atop of five-star hotels, which is, of course, the ultimate in luxury. And speaking of luxury, modern condominiums have fabulous amenities like rooftop gardens and garden terraces where residents can barbecue and relax amid lush greenery. These areas also provide striking views, and when the condo is also near the lake, it’s all the more like spending time at a resort! Water-lovers also appreciate the fact that the swimming pools and whirlpools in today’s condominiums are situated where they can get a lot of natural light for a truly inspiring experience all year long. And when you can count on someone else to keep the water clean and the pools maintained, it’s the best of both worlds. Recreational amenities and anything that benefits health-conscious residents are in demand, and you will find that the fitness facilities in condominiums are always in use. Convenient and bright, these areas are pleasant to work out in, and having them in the building saves on commercial club fees. Some condos have spas close to pools, change rooms and saunas so residents can indulge in a total spa experience. A few even have a dedicated room specifically for massage therapy, where a therapist can come in and set up a portable table – yet another luxury condo owners can enjoy without leaving home. Cinema-style screening rooms set the scene for getting together with friends to watch a movie or sporting event without the hassle of driving somewhere, parking and trying to see over the people in the seats in front of you. For gala entertaining, the party room is a great option that eliminates the need for you to clean up a big mess the next morning. The amenities in condominiums really do expand your lifestyle potential far beyond the square footage of the suite. And if you are fortunate enough to live on 52 NEW CONDO GUIDE JAN 31 - FEB 14, 2015

top of a five-star hotel, you have the ultimate in luxury living at your fingertips, with access to things like housekeeping services, valet parking and room service. Fun, relaxing, invigorating, tranquil, beautiful, bright – today’s condominium amenities are more exciting and varied than ever before. In so many ways, living in a condo is like having a mini-resort or getaway under your own roof. And when you do choose to go away on vacation, that holiday feeling begins the moment you lock the door and leave, knowing your home will be protected and looked after.

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PREVIEW OPENING coming early 2015 Design-forward condosat front + Bathurst,

,* FROM the $190 s Toronto’s most highly anticipated Preview Opening! Be ﬁrst to view and purchase at Minto Westside, located just steps to the city’s best shopping, entertainment, island airport and the waterfront.

register for first choice mintowestside.com *Prices and speciﬁcations are subject to change without notice. Rendering is artist’s concept. E.&O.E. JAN 31 - FEB 14, 2015 NEW CONDO GUIDE 53

IN THE NEWS

Construction kicks off at 101 Erskine

Pictured: Sam Fung, vice-president of sales, Tridel; Bruno Giancola, vice-president of project management, Tridel; Andrew DelZotto, executive, Tridel; Edward Liu, vice-president and managing partner, Max & Co. Development; Leo DelZotto, president, Tridel; Jason Birnboim, president, Beaux Properties; Jim Ritchie, senior vice-president of sales and marketing, Tridel; Roy Birnboim, chairman, Beaux Properties; Winson Chan, director of sales, Tridel; Tony Battista, senior project manager, Tridel

ridel and Beaux Properties have partnered on a new condominium development taking shape in Toronto’s coveted Yonge and Eglinton neighbourhood. Called 101 Erskine, the project has become a defining factor in the residential renaissance of this midtown location. Working together on the development from its inception, executives from the two companies recently gathered with a select group of invited guests to mark the official ground breaking and celebrate the sales success of one of 2014’s most celebrated new condominium sites. “The start of construction marks a critical turning point in the life of a new residential development, but maybe not for the obvious reasons,” says Tridel’s president, Leo Del Zotto. “While it appears to mark the start of the development, it is merely the tip of the iceberg in the life cycle of a new condominium project. Of course to the purchaser, breaking ground is the most obvious sign of progress and an indication that their move-in date is on the horizon. But for Tridel and Beaux, we recognize that the day our construction trades break ground actually signifies that the majority of our development work is now complete.” Jason Birnboim, president of Beaux Properties, shares Tridel’s enthusiasm for both the project and the milestone the partnership reached, together. “The start of construction at 101 Erskine is a special event for our purchasers, and for the north Toronto community. But 101 Erskine and the milestones we’ve achieved with Tridel are also special for Beaux. While we have been leaders in the Canadian real estate sector for decades, 101 Erskine is our first residential development in Toronto. We have consistently identified and pursued distinct real estate opportunities and this development continues to prove itself to be one of the most special in our portfolio.” Distinguished by its prime location within one of Toronto’s most sought54 NEW CONDO GUIDE JAN 31 - FEB 14, 2015

after neighbourhoods, 101 Erskine is defined by its smartly tailored, contemporary, 32-storey glass tower designed by CS&P Architects. The building houses a range of tower suites from studio and onebedroom-plus-den layouts, to twoand two-bedroom-plus-den suites, plus a collection of larger suites with terraces (and nine-ft. ceiling heights) known as the Signature Collection. To help meet the high level of market interest, Tridel and Beaux introduced a collection of groundrelated suites earlier last summer, called The Lanes at 101 Erskine. This limited release of architecturally sophisticated Garden Suites and Townhome residences includes exclusive access from a private laneway, private landscaped patios and a range of layouts, offering up to 2,354 sq. ft. of living space priced at $1.5 million. Both the Garden Suites and the Townhomes feature elegant, open floor plans with floor-to-ceiling windows and extra-high ceilings. Exquisite designer kitchens feature European Liebherr and AEG energyefficient premium appliances, granite or quartz countertops and backsplash, and stainless steel undermount sinks. The residences will also boast spa-inspired bathrooms with signature cabinetry, a choice of quartz or marble vanity top, and choice of marble, granite or porcelain tiles. Visit the presentation centre at 2611 Yonge St., open Monday to Thursday from 11 a.m. to 7 p.m.; and Saturday and Sunday from noon to 6 p.m.; closed Friday. Call 416.480.0700 or visit tridel.com.

LIVE AT STUDIO BE DOWNTOWN SUITES FROM THE

300’S

UNDER CONSTRUCTION EARLY 2015 CLOSINGS

DOWN PLUS

ONE YEAR FREE

MAINTENANCE FEE OFFER VALID ON ALL REMAINING SUITES.

Nelson St.

University Ave.

Simcoe St.

Duncan St.

Spadina St.

Richmond St.

PRESENTATION CENTRE

Adelaide St.

Presentation Centre: 25 Nelson Street, Toronto Mon. – Thurs.: 1pm – 7pm, Fridays: Closed Sat., Sun. & Holidays: 12pm – 6pm

Brokers Protected, Limited Time offer. See Sales Rep for full details. Prices, Specifications and programs are subject to change without notice. Illustrations are artists concept. E & O.E. *Provided the purchaser completes the transaction on the contemplated unit transfer date the purchaser shall receive a credit on the statement of adjustment in the amount equal to 12 monthly common expense fees relating to the unit and any parking or storage applicable. Deposit 5% down and 10% due on occupancy.

studiocondos.ca • 647.352.7736

IN THE NEWS

Construction at 90 Niagara set to start in March 2015

n the heart of Downtown Toronto, Fieldgate’s 90 Niagara has quickly become one of the city’s most unique residential developments, combining indoor and outdoor living. Adding to Fieldgate’s exciting portfolio of new urban projects, 90 Niagara offers residents boutique-style condo living at its best. With demolition set to start this March, the on-site presentation centre at 90 Niagara will be closing its doors shortly, offering homebuyers one final opportunity to purchase a new suite at pre-construction prices. With a summer 2016 occupancy, discerning buyers are encouraged to act quickly as these pre-construction prices won’t last long! Ranging in size from 560 to 1,030 sq. ft., and priced from the mid-$300’s, 90 Niagara is a modern and intimate five-storey building comprised of 45 residences including condominium suites and urban towns. Layouts at 90 Niagara offer the maximum in style and comfort – each segueing into fantastic outdoor balconies and terraces. Features at 90 Niagara include nine-

ft. ceilings, pre-finished hardwood flooring in main principal rooms, and contemporary flat-panel interior doors. Designer-inspired kitchens include contemporary European-style flat slab, soft-closing cabinetry, quartz countertops with a combination of quartz backsplash and ceramic tile, stainless steel appliances, and undercabinet valance lighting. Exclusive to 90 Niagara residents and their guests is the incredible selection of recreational amenities, including an elegant party room featuring a geometric patterned fireplace feature wall, lounge seating and bar area. Other features include a modern, boutique-style lobby, an outdoor terrace and lounge area with two distinct conversation areas, and a dining/barbecue area in-between. Situated at Bathurst and Niagara St., 90 Niagara will be surrounded by bohemian shops, world-class restaurants, cool cafes and au courant clubs. To the east, the Fashion District merges with the Entertainment District which merges with the Financial District. To the north lies Little Italy and to the south, the waterfront. Residents will enjoy a short stroll to the King streetcar, and a quick ride to the subway. The 90 Niagara sales office will be closing shortly. For your last chance at pre-construction pricing (and final chance to visit the fully decorated model suite), visit the 90 Niagara presentation centre located at 90 Niagara St. Sales office hours are Monday to Thursday from noon to 7 p.m.; Saturday, Sunday and holidays from 11 a.m. to 6 p.m.; and Friday’s by appointment only. For more information, call 416.981.0036 or visit 90niagara.com

56 NEW CONDO GUIDE JAN 31 - FEB 14, 2015

CONDO PROFILE

DESIGN HAUS Live by Design at College and Spadina

esign Haus is an artful example of modern design on an intimate scale. Architecturally, the building is an eclectic mix of past and future designed by an elite team brought together by internationally renowned development company Shiu Pong to include Kirkor Architects and UNION31 Interior Design. Design Haus perfectly blends in with the University of Toronto neighbourhood, rising 17 storeys and comprised of 116 residences, thoughtfully designed to capture the stunning city views to the south and The University of Toronto views to the north. Designer amenities begin like a boutique hotel, with an intimate and stylish lobby that is a reflection of the people that live there. The soaring double-height lobby

58 NEW CONDO GUIDE JAN 31 - FEB 14, 2015

lounge features contemporary avant-garde sculptural furniture in the seating area. The elevator lobby area is entered through a secure fob-accessed doorway, allowing residents additional privacy and security. Let the entertainment begin with the eighth-floor party room, with stunning floor-to-ceiling glass wall and great city views, and a full catering kitchenette overlooking a formal dining area. Stay in peak shape with the state-of-the-art fitness centre, work out with the continued on pg. 60

L I V E B Y D E S I G N AT COLLEGE & SPADINA

COMING SOON

Design Haus, modern in style and intimate in scale. Exceptional selection of suites from Studios to 3 bedrooms. Steps from The University of Toronto, OCAD, and the AGO. Nearby are the shops and restaurants of Spadina. Panoramic City views the south, overlooking The U of T to the north. Urban living with TTC at your doorstep, connected to everything exciting that Toronto has to offer. Boutique by design, big on style. Register today! CONDOMINIUMS FROM THE MID

$200’S

ACTUAL VIEW FROM SITE

Register | mydesignhaus.ca Prices and specifications are subject to change without notice. Rendering and illustrations are artist’s concept only. E.&O.E. 2015

CONDO PROFILE continued

cardio equipment, tone up with the weights, and stretch out in the aerobic facility. Design Haus offers an exquisite rooftop entertaining area, beautifully landscaped, complete with convenient barbecue areas and comfortable outdoor seating arrangements. Outside, the Spadina and College streetcars await. From there, you’re minutes away to everything the city offers. The University of Toronto is across the street, for dining, shops and entertainment; you’ll have so much to choose from. Steps from Chinatown, moments from Kensington Market and Little Italy. Bright and efficiently designed interiors are highlighted with floor-toceiling windows overlooking the excitement of the neighbourhood. Designer kitchens offer two-toned lacquer cabinetry in a chic linear layout. Semi built-in with floating uppers, the kitchen has a furniture feel and becomes an extension of the main living area. Bathrooms come with custom vanities and brand name fixtures. Students can win $10,000 Students from the city’s top architecture and design colleges and universities 60 NEW CONDO GUIDE JAN 31 - FEB 14, 2015

have been invited to help design the perfect urban suite. The contest concept was the brainchild of Henry Hung, president of Shiu Pong, “Our location is surrounded by university and college influences, therefore, who better to help us with lifestyle designs than architectural and design students who can creatively address the benefits of this urban neighbourhood?” says Hung. “With three cash prizes of $10,000, $5,000 and $3,000, along with peer recognition, we believe that this contest will generate tremendous interest within the student community,” says Korman, founding partner at Kirkor Architects, project architects and one of six judges. Aspiring architect/designers have been asked to design one of two apartments measuring 500 and 900 sq. ft. For over 50 years the Shiu Pong Group has developed, residential and industrial real estate properties worldwide. Toronto developments include: Dragon City, Dragon Centre, The Radius, Mapledale Condominium, Garden Terrace Condominium, Two Twenty Duncan Mill Condominium, Victoria Park Business Centre, Bayview Royal Community and Campus 2000. Design Haus is made up of 116 suites of various design including studios, one-bedroom, onebedroom-plus-den, two-bedroom and three-bedroom suites. Sizes range from 370 to 900+ sq. ft.

The sales office is opening soon at 233 College St. Visit mydesignhaus.ca for more information and to register for upcoming events.

A RT I ST IC LO F TS AT Q U E E N & B AT H U R ST F R O M $ 27 5 , 9 0 0

NOW 50 % SOLD C O N ST R U CT IO N STA RTS T H I S S U M M E R t h e h a r lo w e . c o m

DEVELOPED BY

RICHMOND ST. W. ADELAIDE ST. W. KING ST. W.

All renderings are an artist’s impression. All prices, sizes and specifications are subject to change without notice. E.&O.E.

PORTLAND ST.

QUEEN ST. W.

BATHURST ST.

EXCLUSIVE BROKER

416.363.1771

SALES CENTRE + MODEL SUITE 618 RICHMOND ST. W. (AT BATHURST) Monday-Wednesday Thursday Saturday+Sunday

12-6pm 3-8pm 12-5pm

JAN 31 - FEB 14, 2015 NEW CONDO GUIDE 61

SWEETEST SUITES

THE CHARM MODEL SUITE A BREATH OF FRESH AIR at Emerald City

merald City in North York has proven immediately successful – the first two condominiums have been registered, and the third, Dream Tower, is already in occupancy. The appeal of this neighbourhood includes a stellar location close to Fairview Mall and the Sheppard subway, striking contemporary architecture, remarkable amenities, and suite designs that appeal to the spectrum of new home buyers. To fully appreciate Emerald City Developments’ attention to creating outstanding living spaces, you can tour the approximately 861-sq.-ft. two-bedroom model suite, The Charm, in Dream Tower. An actual suite for sale in the condominium, The Charm was furnished and staged by Joan Stirling of Stirling Home Studio to make the most of the contemporary WZMH Architects-designed and -appointed layout. “We envisioned the buyer of this suite as someone who appreciates modern decor with a touch of traditional,” Stirling says. “Nowadays, that covers the sensibilities of purchasers of all ages. They like classic styling with a twist.” As you round the corner from the foyer to the natural light-filled main living area in The Charm, Stirling’s approach makes its impact immediately. “The white Pasha chairs are a great example,” she says. “Their design is classic, but these are done in polycarbonate. It’s a fun look.” She points out that the black lamp on the credenza follows suit. “Again, the styling is traditional, but the

62 NEW CONDO GUIDE JAN 31 - FEB 14, 2015

material is plastic. This adds a touch of quirkiness to the surroundings.” The white colour palette contrasts with the dark wood flooring and occasional injection of black in the furnishings and accessories. “By placing a glass dining table in the living area, we helped to keep the look airy,” Stirling explains, “and the chrome in the small living room tables adds sparkle. Using two tables instead of one larger coffee table is popular practice today.” Situated at opposite ends of the suite, both bedrooms also welcome natural light from large windows. “Everything we chose for The Charm accentuates the functionality of the layout,” she continues. “Buyers appreciate the full-size stainless steel appliances in the kitchen. Wood flooring throughout, except for the bedrooms and baths, increases the value in these wellappointed suites.” Located near Sheppard Avenue and Don Mills Road, the Emerald City neighbourhood features the Parkway Forest Community Centre slated to open later this year. Prices for The Charm start at $411,900.

Visit the Emerald City presentation centre today at the southeast corner of Don Mills Road and Sheppard Avenue. Hours are Monday to Thursday 11 a.m. to 6 p.m.; Saturday and Sunday noon to 5 p.m. To find out more, register at emeraldcitylife.ca or call 416.492.0001.

JAN 31 - FEB 14, 2015 NEW CONDO GUIDE 63

CONDO PROFILE

ZIGG CONDO –

Affordable Forest Hill living

ising 11 stories, the Zigg Condos at 223 St. Clair West between Yonge Street and Spadina Road will bring an upscale, contemporary vibe to the traditional aesthetic of the neighbourhood. This condominium of 166 suites including three two-storey townhomes, is a unique and architecturally distinct collaboration between Madison Homes and Fieldgate Homes. The Zigg will bring a fresh presence with its unique

façade, clean architectural lines and an urban sensibility that’ll be sure to make a lasting impression. The residential suites will feature thoughtfully designed layouts, integrated appliances, sleek cabinetry and luxurious finishes such as natural stone countertops, floor-to-ceiling windows and designer-selected laminate flooring. Every suite will have a balcony or terrace, fitted with privacy screens. Zigg’s rooftop oasis will include an indoor wet bar and lounge, barbecue area, gazebo, lounging area and outdoor fireplace. From this vantage point, one can take in stunning panoramic views of the city in all directions. Principal Architect, Cliff Korman of Kirkor Architects, states that “looking south, you really have an unrestricted view continued on pg. 66

64 NEW CONDO GUIDE JAN 31 - FEB 14, 2015

INTO OUR PREVIEW OPENING. An intimate, new building at 223 St. Clair West in Forest Hill. Unique terraced design. Transit that keeps you connected. Modern amenities to keep you entertained.

DON’ T MISS OUR PREVIEW INCENTIVES*

VISIT THE SALES OFFICE NOW! 90 EGLINTON AVENUE EAST FOREST HILL LIVING FROM THE LOW $300’s | ZIGGCONDO.CA • 416.545.0223

VISIT US ONLINE TO VIEW FLOOR PLANS

Get Social with us: *Limited time offer. See Sales Representative for more details. Marketed by International Home Marketing Group. Prices and specifications are subject to change without notice. Renderings are artist’s concept only. E. & O.E. Brokers protected.

CONDO PROFILE continued

The residential suites will feature thoughtfully-designed layouts, integrated appliances, sleek cabinetry and luxurious finishes such as natural stone countertops, floor-to-ceiling windows and designer-selected laminate flooring

of Toronto because all you have is single-family homes in the valley. No matter where you buy in the building, you will have access to that vista line of Toronto on a rooftop garden which has some beautiful amenities on it.” Zigg’s ground floor will feature a soaring two-storey lobby accentuated with a sleek, linear fireplace. Residents can also enjoy a casual get-together with friends and family in the multi-purpose party room equipped with a bar and kitchen, lounge seating, large-screen TVs and a billiards table. There will be a convenient pet-washing station near the lobby which will help keep your pooch (and the building) clean. Located in prestigious Forest Hill, well known for its affluence and magnificent homes commanding high property values, residents

of the Zigg will be in close proximity to excellent schools, retail shops and local amenities. The shops and restaurants of Forest Hill Village are just a few blocks north. To the south, there’s the exclusive shopping and dining of Yorkville, and to the east, the endless options of the lively Yonge Street. The downtown core is minutes away which is appealing to dwellers who want to be in an established, charming neighbourhood but close to all conveniences of urban living. With LRT just steps away, quickly connect to either Yonge Street or St. Clair West subway stations. Enjoy an active lifestyle with biking and walking routes nearby. Sir Winston Churchill Park, a 20-acre city park, offers wide open green spaces, sport fields, running track, kids’ playgrounds and an off-leash dog park. The sales office is now open for preview sales at 90 Eglinton Ave. E., Toronto (two blocks east of Yonge Street). One-, two- and three-bedroom units and townhomes are available, priced from the low $300,000s to over $1 million. Suites range in size from 475 to 1,800 sq. ft.

Visit ziggcondo.ca to view floor plans and call the sales office at 416.545.0223 to learn more about Zigg’s limited time preview incentives. 66 NEW CONDO GUIDE JAN 31 - FEB 14, 2015

PURE PASSION. PURE PLAZA. ONE OF TORONTO’S TOP CONDOMINIUM BUILDERS WITH OVER 3,200 SALES IN THE LAST THREE YEARS.

PLAZA COMMUNITIES: MOVE IN NOW

NOW OPEN

King West - Building Now Registered: 65, 75, 85 East Liberty St., Toronto Sales Office Located at 125 Western Battery Rd. 647.341.1731 The Tower - Building Now Registered: 125 Western Battery Rd., Toronto Sales Office Located at 125 Western Battery Rd. 647.341.1731 York Harbour Club 35 Bastion Street & 38 Grand Magazine Street, Toronto Sales Office Located at 24 Grand Magazine Street 416.214.4517 Ivory on Adelaide 400 Adelaide St. East, Toronto Sales Office Located at 125 Western Battery Rd. 647.341.1731 Edge 2-6 Lisgar Street, Toronto Sales Office Located at 1151 Queen Street West 416.516.5848

NOW UNDER CONSTRUCTION EPIC - Occupancy Date January 2015: 48 Abell Street, Toronto Sales Office Located at 1151 Queen Street West 416.516.5848 Musée - Occupancy Date July 2016: Pre-construction Pricing 525 Adelaide Street West, Toronto Sales Office Located at 50 Wellesley St. East 416.862.0888

NOW OPEN 50 at Wellesley Station - Occupancy Date June 2017: 50 Wellesley St. East, Toronto Sales Office Located at 50 Wellesley St. East 416.862.0888 1 Yorkville - Occupancy Date January 2018: 1 Yorkville Ave., Toronto Sales Office Located at 162 Cumberland St. 416.519.2911

COMING SOON The Met at Vaughan Metropolitan Centre Vaughan across from the NEW TTC Subway Station 170 Spadina at Queen Toronto Theatre District Toronto Presentation Centre Hours: Mon–Thurs: 12pm–6pm Fri: Closed Weekends & Holidays: 11am–5pm

Keep updated by following us: Brokers protected. Prices, sizes and specifications subject to change without notice. E.&O.E.

On signing In 180 days In 270 days On occupancy

1 Bedroom + Den from $369,000 2 Bedrooms from $425,000

IN THE NEWS

Strong new-home sales fuel job growth

ales of new homes and condominiums in the GTA reached nearly 40,000 last year, creating thousands of new jobs and paving the way for job retention for years to come, according to the Building Industry and Land Development Association (BILD). “Sales of homes today translate into the jobs of tomorrow,” says BILD president and CEO Bryan Tuckey, emphasizing that job creation and wage generation are two benefits of a strong sales year. The GTA saw 39,736 new home transactions in 2014, according to a report by RealNet Canada Inc., BILD’s official source for new-home market intelligence. The new-home sales tally is 41 per cent higher than the 2013 total. “The building and development industry is a major economic engine in our economy, creating approximately 200,000 well-paying

December ’14

jobs in construction and related fields every year, “ Tuckey adds. “For example, each construction crane you see is responsible for the creation of up to 500 jobs. The wages earned from these jobs later show up as purchases across the GTA, further contributing to our growing economy.” He explained that 2014 sales fall within the range necessary to accommodate the GTA’s rising population growth. “Our region is increasing by up to 100,000 people each year, and it is important that our industry creates between 35,000 and 40,000 new homes annually to accommodate this growth.” Highrise completions set a new record in 2014 with 25,571 new homes built – the result of strong condominium sales in 2010 and 2011. The lowrise sector also had a record-breaking year, with the average price for a ground-related home in the GTA exceeding $700,000 for the first time. The RealNet New Home Price Index shows average prices in the lowrise sector up eight per cent at the end of 2014, reaching a new record high of $705,813. The highrise market saw a more moderate increase of four per cent, reaching a year-end average price of $454,476.

Lowrise

Highrise

Region

2012

2013

2014

2012

Durham Halton Peel Toronto York GTA Jan-Dec

83 92 126 11 87 399 13,815

117 137 32 53 181 198 19 50 235 377 584 815 12,115 17,745

10 27 49 376 72 534 18,172

Source: RealNet Canada Inc.

68 NEW CONDO GUIDE JAN 31 - FEB 14, 2015

2013

Total 2014

0 37 88 72 29 69 934 900 123 98 1,174 1,176 15,986 21,991

2012

2013

2014

93 117 174 119 120 125 175 210 267 387 953 950 159 358 475 933 1,758 1,991 31,987 28,101 39,736

the art of living

Registration Now Open Lofts + Condos

on Yonge at Eglinton from the $200s Every once in a while, something comes along that makes you rethink all your expectations. Welcome to the Art Shoppe* lofts and condos, the flagship of Yonge and Eglinton. This changes everything.

Be part of the transformation Register at ArtShoppeCondos.com *Registered trademark of Art Shoppe Limited. 2292446 Ontario Limited is an authorized licensee of such trademark. Exclusive listing: Private Service Realty Limited, Brokerage. Brokers protected. Prices and specifications are subject to change, E. and O.E.

JAN 31 - FEB 14, 2015 NEW CONDO GUIDE 69

IN THE NEWS

Concert Properties’ The Kip RECOGNIZED AS “BEST MASTER-PLANNED COMMUNITY”

oncert Properties, Canada’s award-winning diversified real estate enterprise, has been recognized with several prestigious Gold and Silver awards from the National Association of Homebuilders Annual National Sales and Marketing Awards in Las Vegas, Nevada. The Nationals recognize exceptional sales and marketing efforts across North America. Concert’s newest development, The Kip District, located in Ontario’s Etobicoke community, was victorious in numerous categories at the awards ceremony held on January 20. Renowned for its high-quality construction and thoughtful sense of community in each development, the company’s newest master-planned community, The Kip District, was awarded Gold at The National’s International Builders Show in three categories: Best Presentation Centre, Best Brochure for a High Rise Community and Master Planned Community of the Year (High Rise). Concert’s The Kip District also took home Silver in four additional categories: Best Logo, Best Website for a Community, Best TV Commercial (broadcast or YouTube) and Best Signage. The Nationals is America’s largest competition paying tribute to housing industry professionals for excellence in 70 NEW CONDO GUIDE JAN 31 - FEB 14, 2015

sales and marketing, typically drawing over 800 entries and more than 500 attendees. Each entry is judged on its own merits by a panel of distinguished individuals selected for professional expertise in sales, marketing and design. “The Nationals are recognized across our industry and across North America,” says Brian McCauley, president and chief operating officer for Concert Properties. “This win is a testament to the hard work and creative ideas of our entire team, and their faultless implementation of our vision for The Kip District.” With operations in British Columbia and Ontario, Concert Properties’ commitment is to build strong, sustainable communities across Canada. The Kip District is Concert’s second-largest multi-phased residential development in Canada and its largest in Toronto. When complete, it will contain 1,500 homes plus shops and services within five sleek towers near the Etobicoke City Centre. The Kip District will transform this evolving neighbourhood, while offering unparalleled access to the GTA, downtown Toronto and beyond through a soon-tobe expanded transit network. About Concert Properties: Founded in 1989, Concert is involved in developing rental apartments, condominium homes and retirement communities, acquiring and developing commercial, industrial and infrastructure properties and in property management in British Columbia and Ontario. With a commitment to build strong, sustainable communities across Canada, Concert operates off the core values of integrity, service and sustainability in all that they do.

For more information, visit concertproperties.com or follow them on Twitter at twitter.com/ConcertProp

KIPLING & DUNDAS Five new sleek towers connected by spectacular views, shops, urban parks and a private clubhouse.

AMENITIES GALORE! Expect a spacious party room, well-equipped gym, home theatre and guest suite in our very first building!

SAY HELLO TO ONE!

VISIT OUR SALES CENTRE TODAY 5143 Dundas St. W. (Dundas & Dunbloor)

SAY HELLO TO PRICES YOU’RE GOING TO LOVE! 25 One Bedroom homes UNDER $249,000 120 One Bedroom + Den homes UNDER $299,000 60 Two Bedroom + Two Bathroom homes UNDER $399,000

THE

KIP DISTRICT

KIPLING AVE.

DAS

DUN

W. ST.

Future home of The Kip District. 5365 Dundas St. W.

THE QUEENSWAY Rendering is artist’s concept. Prices, availability, design and specifications subject to change without notice. E.&O.E. November 2014

FALL 2014 EDITION FREE

HOME&CONDO THE GUIDE TO BUYING AND MANAGING YOUR FIRST HOME

Hot markets YOUR GUIDE ON WHERE AND WHAT TO BUY

THE GUIDE TO BUYING AND MANAGING YOUR FIRST HOME

YOUR FIRST MORTGAGE Stress-test before you buy

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416.626.4889 72 NEW CONDO GUIDE JAN 31 - FEB 14, 2015

001 YFH Cover Fall2014_TL-FIN.indd 1

14-08-25 3:59 PM

A place you’ll want to call home. Receive up to $10,000 CASH BACK

NOW UNDER CONSTRUCTION

†

LIVE ON ST. CLAIR AVE WEST FROM THE MID $ 200 ’S

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Christie

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Arlington

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SALES CENTRE 784 St. Clair Ave West • S+S 12-5 pm M+T 12-6 pm Wed 1-7 pm • THENESTCONDOS.COM 416.223.0003 BROKERS PROTECTED. † Offer valid for a limited time only. Ask Sales Rep for details. Rendering is an artist’s impression. Sizes and speciﬁcations are subject to change without notice. E.&O.E.

LIFE. LIVED BETTER.

DESIGNER ADVICE

The

luxe look By Yanic Simard

e know the look of luxury when we see it, but how do you create it? The art of luxe design is not simply a matter of spending money, but more one of spending time to create spaces with depth, sophistication, and a certain considered air. Here’s my professional opinion on how to add a sense of luxury to your every interior, to bring that designer appeal out of your personal investment – whether starting a full renovation or perfecting an already beautiful home.

The key is to combine multiple shades, textures and tones to achieve a calm but complex look – subtle contrasts accent each other’s finest qualities

Powerful Palettes › One of the most subtle yet powerful ways to communicate a sense of luxury is through the use of an expertly assembled neutral colour palette. When done wrong, the look can read drab, but when created correctly the scheme reveals new depths upon every viewing. The key is to combine multiple shades, textures and tones to achieve a calm but complex look – subtle contrasts accent each other’s finest qualities.

› Review your space and consider what subtle tones are the strongest. For example, if you have a warm-hued floor, add some touches of cool metals or icy-grey leather to play against it. Look for places to add white, cream, beige, taupe, grey, “greige” (grey-beige), tan, brown, gold, bronze and tiny touches of black, while mixing soft and hard textures for full variety. By sticking to neutrals you’ll be sure to coordinate, as long as you reapply warm and cool tones throughout the room.

74 NEW CONDO GUIDE JAN 31 - FEB 14, 2015

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Developments

Brokers Protected. Specifications subject to change E. & O.E.

Luxe Look: Sheep-fur pillows always add a rich textural statement, or try a small splash of an animalinspired pattern. (Safari Crewel Embroidered Cushion, Yanic Simard Selected Collection.) Areas of Interest: › I often encourage clients to run one flooring material throughout a space, applying a single hardwood to the living, dining, bedroom and even kitchen areas, making a clean, continuous statement. However, this doesn’t mean you should avoid carpeting altogether, but actually the opposite: layering a large area rug over your hardwood creates the most sophisticated statement. › Size a rug to leave about one to two ft. of floor exposed at each side, making sure the carpet tucks under your seating. Enough wood will show around the borders of the room to reveal its presence, while giving you a soft surface to nestle into and an opportunity to add a new colourful or elegantly textural statement. Luxe Look: Cream carpeting layered over deep espresso walnut. Light Up the Dark › Embracing wood or stone finishes on vertical surfaces adds visual texture and a sense of intimacy to a space, but can absorb a great deal of light and leave an area feeling heavy. Layering light is always important, but be sure to add extra sources around your dark cabinetry, wardrobes or other weighty elements. Ensure as many lights as possible are controlled by a dimmer to allow you to adjust the atmosphere to suit your mood. › A dropped ceiling panel over an island provides space for a plenitude of new pot lights, while subtly defining a zone within an open plan. Diversity of light sources avoids harsh shadows, for a rich glow, so consider adding soft new lights to every room. Luxe Look: Use at least three light sources in every space. Consider adding tea light holders in warm metallics to add a complex golden glow anywhere. 76 NEW CONDO GUIDE JAN 31 - FEB 14, 2015

Lotus Capiz Shell Tea Light Holder

Bronze Rose Tea Light Holder

Safari Crewel Embroidered Cushion from the Yanic Simard Selected Collection

Hidden Depths › A full wall of floor-to-ceiling drapery is a powerful designer trick in more ways than one: it creates a rich textural backdrop that speaks of bespoke craftsmanship, but also erases any imbalances or asymmetry in the placement of windows, bulkheads, or other awkward architectural features, for a seamless look. › Draping an entire wall with no break (on a hidden track in the ceiling if possible) puts the focus on the beautiful material, and anything else you choose to layer in front of it. Don’t be afraid to apply a textural fabric behind an upholstered headboard for a doubly luxe bedroom setting (with extra sound dampening). Luxe Look: Use simple unpleated drapery in a textural linen to create soft elegant waves of material.

UNCOMPROMISING. UNPARALLELED. UNDENIABLY TORONTO’S MOST ICONIC ADDRESS.

PRESENTATION GALLERY NOW OPEN.

The Residences of 488 University Avenue is a trademark of Amexon Development Corporation

A Commitment to Excellence

488university.com

AFTERTHOUGHTS:

HERE ARE A FEW OTHER WAYS TO ADD LAST-MINUTE LUXE TOUCHES TO YOUR SPACE – EVEN AFTER THE DESIGNER HAS LEFT.

› Replace two chairs at your dining table with a bench or settee to create the feeling of a private booth, and a fun visual surprise. › Trade out busy bedding for white linens with a single colourful bolster matched to an upholstered bench. Add my Aspen Faux Fur throw folded neatly at the foot for additional inviting texture. › Have a good florist create a cactus planter to add exotic flair that will survive your week away unattended. › Instead of adding a lamp to the bedside table, order a floor lamp with a built in table from a lighting boutique, for an uncommon traditional-yet-modern twist. › When your space is already beautiful, the most stunning artwork will be an oversized mirror in a textural frame.

Tantalizing Tile › The must-have bathroom statement of the design era is an oversized tile wall, applying a richly grained stone floor to ceiling for the ultimate spa-like atmosphere you can enjoy every day. › Pairing this treatment with a minimal glass shower enclosure and sparkling neutral fixtures (in white, dark woods, and nickel) lets the natural patterning take all the well-deserved attention. Add a cut-crystal vessel sink as the jewel of this treasure chest. Luxe Look: Try Roberto Cavalli tile installed vertically on a simple offset. 78 NEW CONDO GUIDE JAN 31 - FEB 14, 2015

Yanic Simard is New Condo Guide’s design editor, principal designer of award-winning Toronto Interior Design Group (tidg.ca), and regular guest expert on City’s Cityline. Check out Yanic’s accessory line, Yanic Simard Selected, by visiting online at ysselected.com

WALL WALL

The GTA Home & Reno Show, where ideas, advice and inspiration for your home all come together, for 4 days only. Learn tricks of the The GTA Home & Reno Show, where ideas, advice andthe inspiration for trade in one of our hands-on DIY learning stations, take a culinary your home all come together, for 4 days only. Learn the tricks of the adventure inof our Market youstations, can taste of trade in one ourWinter hands-on DIYwhere learning takea avariety culinary artisanal Ontario your culinary skillscan at our Cooking Stage, adventure in ourFoods, WinterupMarket where you taste a variety of and be inspired by industry experts including Drew and Jonathan artisanal Ontario Foods, up your culinary skills at our Cooking Stage, Scott, of Property Brothers. Whether you Drew need inspiration for and beHosts inspired by industry experts including and Jonathan your project or are Brothers. looking for some practical to advice, Scott,next Hosts of Property Whether you needhow inspiration for make sure project you dont this show! your next ormiss are looking for some practical how to advice, make sure you dont miss this show!

JAN 31 - FEB 14, 2015 NEW CONDO GUIDE 79

NEIGHBOURHOOD PROFILE

TOUR

By Lydia McNutt | Photos by Henry Lin, 424u.com

“Archives is a luxury design house showcasing some of the most exquisite and unique jewelry collections and lifestyle brands in the world, including Meissen – the 300-year-old European luxury goods brand.” “I eat at ONE Restaurant a lot. It’s in a great location, and is always consistent.”

-Jared Menkes, Vice-President, High Rise Residential at Menkes on Archives, 1275 Bay St.

–David Feldman, Founder, President and CEO of Camrost Felcorp on ONE Restaurant, 116 Yorkville Ave.

“Cool kicks!” –Brian Brown, Vice-President of Lifetime, on Capsule Sneaker Boutique, #108-29 Bellair St.

“We like to head here for a vitamin-packed breakfast after our morning workout.” -Amanda Wilson Watkins, Vice-President of Marketing & Sales at Minto on The Good Press, 87 Yorkville Ave.

“Sitting on the patio upstairs, having a glass of wine, looking down on all the action – that’s what Yorkville is all about.”

Louis Vuitton

–Veronika Belovich, Director of Sales and Marketing at Bazis, on Trattoria Nervosa, 75 Yorkville Ave.

Village of Yorkville Park

Chanel

If not for the cocktails and company, then for the views, the rooftop bar at the Hyatt is a local hotspot. 4 Avenue Rd., The Royal Ontario Museum

80 NEW CONDO GUIDE JAN 31 - FEB 14, 2015

as chosen by Chris Wein, President, Great Gulf Residential

“Yonge & Bloor subway station – it’s just a few stops from most of the places you will want to go. Usually, I wait less than three minutes for a train. Even a trip to Pearson Airport is $3 dollars and less than an hour, and you can forget about traﬃc. If ever there was a bargain, this is it!” –Jason Fane, founder of 45 Charles Ltd., on the TTC subway

Like a fine wine, Yorkville only gets better with age. Its humble beginning as a “village” in the 1830s has made way for a perpetual parade of Prada, Porsche, paparazzi, and prestige in the modern day. Now hailed as the “Mink Mile,” Yorkville is home to gourmet eateries and designer boutiques that sell and serve luxury by the pound. Discover the newest homes on the map, a stone’s throw from the ultimate hotspots as chosen by the GTA’s top real estate developers.

12 luxurious residences...

DID YOU KNOW? In the ’60s, Yorkville was hailed as Canada’s hippie capital, and was the springboard for Canadian greats like Neil Young, Joni Mitchell, Gordon Lightfoot and Margaret Atwood.

...and hotspots of choice

1. The Yorkville by Lifetime Developments

Lifetime’s picks • Uncle Otis, 26 Bellair St. • Intermix, 130 Bloor St. W. • Dynasty Chinese Cuisine, 69 Yorkville Ave.

2. The Four Seasons Private Estates by Menkes Developments & Lifetime Developments

Menkes’ picks • Nicolas, 153 Cumberland St. • Catalyst Health Yorkville, 101 Yorkville Ave.

3. 1 Yorkville by Bazis & Plaza

Bazis’ picks • MoRoCo Chocolat, 99 Yorkville Ave.

4. One Bloor by Great Gulf

Great Gulf’s picks • D Bar, 60 Yorkville Ave. • Oxley Public House, 121 Yorkville Ave. • Sassafraz, 100 Cumberland St.

5. CHAZ.Yorkville by 45 Charles Ltd. & Edenshaw Homes

45 Charles’ picks • Holts Cafe, 50 Bloor St. W., third floor • the bar at the Windsor Arms Hotel, 18 St. Thomas St.

6. 77 Charles by Aspen Ridge Homes 7. Urban Townhome Collection at U Condominiums by Pemberton

Pemberton’s picks • Royal Ontario Museum, 100 Queen’s Park • Chanel, 131 Bloor St. W.

8. Exhibit by Bazis, Plaza & Metropia 9. Minto Yorkville Park by Minto

Minto’s picks • 119 Corbo, 119 Yorkville Ave.

10. 36 Hazelton by Alterra 11. Yorkville Plaza II: The New Cumberland Tower by Camrost Felcorp

Camrost Felcorp’s picks • Harry Rosen, 82 Bloor St. W.

12. 277 Davenport by Burnac

numbers & neighbours

$253,614 • the average household income 44.53 • % of population who prefers red wine 84.62 • % of population who are bookworms 90.65 • % of homes that are highrise

source: Environics

JAN 31 - FEB 14, 2015 NEW CONDO GUIDE 81

MOVE IN NOW THE UPPER BEACH Toronto Life Magazine Top 10 Neighbourhood Steps to GO station and TTC station 11 Minutes to Union Station 15 Minutes to Yonge & Bloor Walk to Queen St. & The Beach

ONLY 5% DOWN Move in 30 days Fabulous features: Granite countertops, Cartier kitchens, Whirlpool stainless steel appliances, 9' ceilings, Oak staircase, Smooth finish ceilings & more. 2 bedrooms (881 sq.ft) and 2 bedrooms + den (1195 sq.ft)

From $419,990 to $549,990 PARKING & LOCKER INCLUDED OPEN HOUSE Saturday and Sunday 12-6 pm 2320 Gerrard Street East, Unit 101 T. 416.693.7500 E. info@UpperBeachTownes.com W. www.UpperBeachTownes.com

Now Available!

A new Inventory Condos section: a guide to builders with quick move-in dates for newly constructed and nearly completed condos.

For advertising details please call Dionne Fraser at 416.540.8819 *Prices, specs and availability correct at press time. **Promotion is valid to completed homes & inventory of 12 homes or less. 82 NEW CONDO GUIDE JAN 31 - FEB 14, 2015

GTA Edition Jan 31 - Feb 14, 2015

Your complete source for condos, lofts and townhomes in the GTA

IN THIS SECTION Maps and listings for new condo communities in the 416 region Builder news and the latest in condos in the 416 JAN 31 - FEB 14, 2015 NEW CONDO GUIDE 83

CONDO WATCH

416 Builders: If you would like to include your preview registration, new release or site opening in this feature, just email the details to Lydia.McNutt@wall2wallmedia.com

previews & registrations

new releases & grand openings

ART SHOPPE By Tribute Communities

ISLINGTON TERRACE By Tridel

Experience the art of living at Yonge and Eglinton. Register now. Web: ArtShoppeCondos.com

Be part of Islington Terrace, destined to become the defining statement on Etobicoke’s skyline. Web: Tridel.com

MINTO WEST SIDE By Minto Minto’s new condominium will allow you to experience life on the west side. Register now. Web: MintoWestSide.com

THE PINNACLE ON ADELAIDE By Pinnacle International A new pinnacle of living is coming soon to the corner of Pearl and John, in Toronto’s Entertainment District Web: PinnacleInternational.ca

INSIGNIA By Castle Group

previews & registrations CITYLIGHTS ON BROADWAY By Pemberton Group New condos at Yonge and Eglinton are coming soon. Register now. Web: CityLightsCondos.ca

MINTO YORKVILLE PARK By Minto A highly anticipated condominium is coming soon to Toronto’s high-end neighbourhood. Register now. Web: MintoYorkvillePark.com

DESIGN HAUS By Shiu Pong Design Haus is exceptionally designed and steps to everything Toronto has to offer. Register now. Web: MyDesignHaus.ca

THE RAVINE By Urban Capital & ALIT Developments City and nature come together at The Ravine. Register now. Web: TheRavine.ca

THE SOUTHWOOD By Streetcar With its space, location and amenities, The Southwood is perfect for the modern family. Web: TheSouthwood.com

VIVID CONDOMINIUMS By Pemberton Group Vivid Condominiums at Bloor and Islington is the grand finale of a brilliant master-planned community. Register now. Web: VividCondos.com

84 NEW CONDO GUIDE JAN 31 - FEB 14, 2015

Refined elegance meets sophisticated living at Insignia located in the Bayview Village area. Register now. Web: InsigniaCondos.ca

TEAHOUSE By Lanterra Developments East meets West in this new Asian-inspired condominium located at 501 Yonge St. Register now. Web: TeaHouseCondos.com

THE NEST By The Rockport Group Now under construction in the Hillcrest Village neighbourhood. Register now. Web: TheNestCondos.com

RIVERCITY 3 By Urban Capital Urban Capital’s new condominium takes architectural innovation to new heights. Register now. Web: RiverCityToronto.com

ZIGG CONDO By Madison Homes/Fieldgate Homes Zigg Condo is now in preview sales. Get in while you can! Web: ZiggCondo.ca

THE HARLOWE By Lamb Development Corp. Register now for artistic lofts at Queen and Bathurst. Web: TheHarlowe.com

THE BOND CONDOMINIUMS By Lifetime Developments The Bond Condominiums is an urban sanctuary surrounded by endless choices of entertainment options. Web: TheBond.ca

5959 YONGE STREET CONDOS By Ghods Builders Bringing luxury and lifestyle to a whole new level, 5959 Yonge Street Condos is now previewing. Web: GhodsBuilders.com

PICASSO ON RICHMOND By Monarch Picasso on Richmond is an urban icon located in the heart of the trendy Queen West neighbourhood. Web: MonarchGroup.net

RESIDENCES OF 488 UNIVERSITY AVENUE By Amexon Development Corp. Presentation gallery is now open, showcasing this elegant 55-storey glass and steel tower on University Avenue. Web: 488University.com

RIVA DEL LAGO By Monarch Riva del Lago is now open at the Etobicoke Humber Bay waterfront. Register now. Web: MonarchGroup.net

50 AT WELLESLEY STATION By Plaza Conveniently located in the Yonge-Wellesley neighbourhood, this condo ushers in a new way of city living. Web: PurePlaza.com

WATERMARK LONG BRANCH By Queenscorp Residences See why Watermark is making waves on the Etobicoke Waterfront. Web: Queenscorp.com

PACE By Great Gulf The final release of suites at Pace is now underway. Get all the details on this intensely urban and decidedly modern project. Web: PaceCondos.com

E CONDOS By Bazis Located at Yonge and Eglinton, the final release of suites at E Condos will reflect the energy and style of this vibrant neighbourhood. Web: Bazis.ca

D ITE NLY LIM E O CK TIM $ A B O SH T A UP

0 0 0

, 15

COME SEE WHY WATERMARK IS MAKING WAVES ON THE ETOBICOKE WATERFRONT.

4 FULLY FURNISHED MODEL SUITES NOW OPEN Immediate Occupancy • $10,000 Deposit • Free Parking • Free Locker Storage Over $40,000 in Upgrades Included in Price

Starting from the mid $300’s

All prices & specifications are subject to change without notice. E.&O.E. All Illustrations are artist’s concept only. Brokers Protected

Long Branch

3563 Lake Shore Blvd. W., Monday to Wednesday 12 pm to 7 pm Saturday, Sunday & Holidays 11 am to 6 pm 416.354.2221 I queenscorp.com

Brown’s Line

Presentation Centre

Kipling Ave.

The Most Outstanding Mid-Rise Building

Thirty Fifth St.

Ontario Home Builders’ Association Award Winner

Lake Shore Blvd. W.

EVENT

Celebrate Chinese New Year at Canary District

elebrate Chinese New Year at Canary Districtâ&#x20AC;&#x2122;s presentation centre on Feb. 7 starting at noon, located at 398 Front St. E. Youâ&#x20AC;&#x2122;ll be able to take advantage of one-day-only incentives of up to $18,888 in cash-back on certain suites and exciting prizes, including court-side tickets to a Raptors game, an iPad, and hourly lucky money draws. Refreshments will be served. Canary Park Condominiums is home to the 2015 Pan/ Para Pan Am Games Athletes Village and is a visionary community in which to live, work and pay in the growing downtown east area of Toronto.

For more information on Canary District, visit canarydistrict.com 86 NEW CONDO GUIDE JAN 31 - FEB 14, 2015

LIVE FREE. LIVE BEAUTIFULLY.

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Perspective Condominiums 320 Scarlett Rd. Toronto, ON

t : 416 242 3500 f : 416 242 7924 e : info@perspectivecondos.com

Mon - Thurs : 1pm - 7pm

Fri : Closed

Sat - Sun : 12pm - 5pm

W. T. SS DA

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Etobicoke

IN2ITION

For one year only. Based on one year estimate of total monthly condo fees, total monthly property tax and total monthly mortgage interest at 2.6% of an 80% mortgage. Live Free promotion commences upon occupancy. Purchaser responsible for hydro, closing costs, moving costs, other related purchase costs and personal monthly expenses. Exclusive listing Brokerage: In2ition Realty. Brokers Protected. Prices and specifications subject to change without notice. E. & O.E. This offer is not to be combined with any other offers. For qualified purchasers only. Limited time offer until March 31, 2015, that may be withdrawn at any time without notice. Please see a sales representative for details.

VIEW OUR MAGAZINES ON ANY

DIGITAL DEVICE anytime, anywhere!

Now you can view all New Condo Guide magazines online using any smartphone, tablet or desktop device.

NEWCONDOGUIDE.COM Published by

COMING SOON primE loCAtion

CONNECTED TO 401, 404, TTC, SUBWAY, AND DOWNTOWN FASt FACtS • Bus at doorstep. Subway approximately 7-min walk • Area to be focus of Government and City investment to improve transit infrastructure

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EmploymEnt Growth

LOTS OF JOBS. LOTS OF STABILITY. FASt FACtS • 5,100 jobs located within 800-metres of Soul Condos • Over 30,000 jobs within 6-minute radius of Soul Condos

UrbAn liFEStylE

THE ATTRACTIONS. THE AMENITIES.

FASt FACtS • Shopping and restaurants right across the street • Lots of neighbourhood parks, a public library, and a theatre

IN THE NEWS

Toronto homeowners, prepare for an increase in property taxes

omeowners in Toronto could be on the hook for a 2.25-per-cent increase in property taxes if Mayor John Tory’s first budget passes in March. The City of Toronto’s Budget Committee earlier this week began the budget process to review the 2015 staff-recommended, taxsupported and rate-supported budgets. The goal of the budgets is to deliver service improvements in areas such as transit, poverty reduction and public safety, the City says. “Toronto’s 2015 budget is focused on getting Toronto moving, putting families first and keeping taxes low,” Tory said in presenting the budget. “This budget is about investing in better transit, better housing, more jobs and an end to the gridlock that is choking our streets – all while maintaining property taxes below the rate of inflation.” The proposed operating budget is $11.5 billion, with a proposed budget tax increase of 2.25 per cent. The budget is dependent on $86 million in provincial assistance related to the loss of provincial housing grants. The City continues to have

90 NEW CONDO GUIDE JAN 31 - FEB 14, 2015

discussions with the Province to secure the necessary funding in the coming weeks. The 2015 Staff Recommended Capital Budget and Plan is $31.7 billion and includes $1.6 billion in new capital investments to maintain the city’s transportation network, public transit and shelter, support and housing. The capital budget and plan continues to fund the two largest transit investments, the Toronto-York Spadina Subway Extension and the Scarborough Subway Extension. For homeowners, the increase in property taxes will amount to an additional $58.66 per household, based on the average house assessment of $524,833. Even with the proposed increase, residential property taxes in Toronto are the lowest among large urban centres in Ontario, the City says. The budget is to be put to a final vote by City Council on March 10 and 11.

THIS ISN’T AN EVOLUTION. IT’S A REVOLUTION IN URBAN DESIGN AND MOBILITY.

50%

*Prices and availability subject to change or be withdrawn without notice and do not include taxes. E&O.E.

SOLD

ENIGMA ON THE PARK

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Enigma represents more than a subtle shift in urban planning and architectural design practices. It’s a revolution that begins with these 86 parkside loft style condos and townhomes located in the heart of the connected Bloordale neighbourhood. With direct access to the Go Train, expressway and metro lines, the opportunity to be a part of the best in urban design won’t last long—homes range from studio suites at $263,900 to penthouses starting at $369,900. Register today at aragon.ca/enigmalofts. Call or visit: 138 St. Helen’s Ave, 416.516.1551.

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QUICK TIPS

Calendars, planners and trackers – oh my! By Hellen Buttigieg

’ve been buying the same time planner for years, and I believe it’s the single most important part of my time-management success. I once tried changing it up and using a digital calendar instead, but I found that I was missing deadlines, confusing appointments and feeling overwhelmed. After a three-month trial, I ditched it and went back to my trusted paper planner. For a calendar system to work, you need to use it consistently. Choose one that suits your learning style and using it will come naturally. Your natural way of taking in information greatly affects which scheduling method will work best for you. Rather than trying to change yourself to adapt to your calendar system, select one that fits your learning and organizing style. If you are a hands-on learner (kinesthetic), choose a planner with a texture that is a pleasure for you to touch. What feels best in your hands: leather, faux crocodile or cloth? The physical act of writing down appointments and tasks will help you remember them. Place a sticky note on the front on your planner and list on it the things you must do that day and cross items off as you complete them. Use stickers to highlight important activities/events. If you don’t require the portability of a planner book, another option is a wall calendar or a whiteboard (with the days of the week across the top and the tasks written underneath). Hang it across the room and wipe off each task as it is completed. The key to getting a good fit is to make your calendar interactive for your hands-on preference. You may also choose to use an electronic calendar to keep track of your commitments, as this will keep your hands busy while giving you greater flexibility and freedom to change plans when you need to. If you learn best by seeing (visual learner) paper agendas and large wall/ desk calendars work well for you. Choose a planner that is aesthetically pleasing to you. You will be drawn to fashionable colours, inspiring motivation quotes and beautiful pictures/artwork. Use bright coloured markers to highlight important events/activities on your calendar. Use sticky notes in various colours as reminders of important actions to take. A calendar with space for notes and to-do lists will allow you to see all of your commitments in one place, which will help you remember to check them more often. Alternatively, if you choose to use a computer calendar, you will likely want to print it out and use colour settings (i.e. to differentiate between work and family commitments). Most importantly for visual learners, keep your calendar in a place where you will get a clear view of it throughout the day. If you learn best by hearing/speaking (auditory learner), it would be beneficial to have your to-do list and schedule both in one place and have it nearby at all times. This will help you remember to stop for an errand while already in that area. If you want to manage your schedule electronically, be sure to set alarms as reminders of important events/deadlines. You may want to set your computer so it opens and reads your to-do list each time your start it up at the beginning of the day. If you prefer to use a paper planner, choose one that accommodates your handwriting style; i.e. if you have large handwriting or like 92 NEW CONDO GUIDE JAN 31 - FEB 14, 2015

to make lots of lists, you’ll want to use one that provides ample space for that. Systems that provide weekly/ monthly views will be more helpful to you, allowing you to look ahead and plan for both the busy and quiet times ahead. Keep in mind that we all use more than one learning style, but we have a preference for one in particular. Find and use the one that works for you!

Hellen Buttigieg is a certified professional organizer, life coach, TV host and owner of We Organize U. Visit her website, WeOrganizeU.com, for a free e-Book on how to find more time, energy and inner peace. Email Hellen at info@WeOrganizeU.com

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torontoregionalmaps: Toronto, East York, York

* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.

# Builder 6 Cresford Development Corp. 7 The Daniels Corporation 11 Menkes Developments Inc. 11 Menkes Developments Inc. 12 Streetcar Development 17 Rockport Group 18 Monarch Corporation 18 Urban Capital 20 Menkes Developments Inc. 22 Monarch Corporation 26 Bazis Inc. 27 The Daniels Corporation 35 Menkes Developments Inc. 35 Menkes Developments Inc. 39 Great Gulf 48 Minto Communities Inc. 48 Madison Homes 48 Fieldgate Homes 49 Lanterra Developments 50 Cresford Development Corp. 52 Cresford Development Corp. 52 Cresford Development Corp. 61 Minto Communities Inc. 65 Aragon Properties 67 Pemberton Group 68 Lamb Development Corp. 69 Shiu Pong Development Ltd. 73 Diam Developments 74 Daniels Corp. 79 Freed 124 Pinnacle International 131 Lanterra Developments 140 Eden Shaw 140 45 Charles Ltd. 149 Camrost - Felcorp 150 Aspen Ridge Homes 162 Pianosi Developments 190 Cresford Development Corp. 201 Solotex 202 Bazis Inc. 202 Rio Can 202 Metropia 217 Pemberton Group 222 Lamb Development Corp. 1 Goldman Group & Lash Dev. Corp. 1 Goldman Group & Lash Dev. Corp. 2 Great Gulf 2 Concord Adex 3 Concord Adex 3 Concord Adex 3 Concord Adex 3 Concord Adex 4 Gairloch Investments 4 Centrestone Urban Developments Inc. 5 Onni Group of Companies 5 Onni Group of Companies 5 Concord Adex 6 Cresford Development Corp. 6 Cresford Development Corp. 7 The Daniels Corporation 8 Cresford Development Corp. 9 Aspen Ridge Homes 9 Cityzen 10 Empire Communities 11 Tridel Corporation 12 North Drive Investment 13 Streetcar Development 14 Canalfa Group 15 Tridel Corporation 16 Freed 18 Urban Capital 18 Urban Capital 19 KIngstone Road Development 21 Easton’s Group 21 Remington Group 21 Easton’s Group *TH: Townhomes, C: Condo

Site Telephone TH* C* Price Range Page Finder Merton Yonge Condominiums 416-484-1900 • from $450,000 120 14e High Park Condominiums 416-351-1844 • from $300,000 31 8L Pears on the Avenue 416-323-0100 • from $420,000 Insert 14I 365 Church 416-591-7700 • from $242,000 Insert 14I The Southwood 416-750-7506 • from $300,000 47 23D The Nest 416-223-0003 • from $250,000 73 11H Riva del Lago 416-495-3544 • from $300,000 Insert 24c RC3 416-862-0505 • • from $220,000 45 18L Fabrik 416-591-7700 • from $292,000 Insert 14M Picasso on Richmond 416-495-3549 • from $400,000 Insert 14M No1 Yorkville 416-519-2911 • from $360,000 3 15I One Park Place South Tower 416-955-0559 • from $250,000 25 18k 87 Peter 416-591-7700 • from $282,000 Insert 15M The Eglinton Yonge at Heart menkes.com • Insert 15D Brocton Commons greatgulf.com/brocton • from $370,000 19 11L Yorkville Park mintoyorkvillepark.com • • from $420,000 23 14J Zigg St.Clair West 416-545-0223 • • from $320,000 65 14J Zigg St.Clair West 416-545-0223 • • from $320,000 65 14J Teahouse 416-861-1111 • from $280,000 11 16K VOX 416-485-3000 • 120 15J CASA 2 416-486-2272 • from $350,000 120 15L CASA III 416-486-2272 • from $390,000 IBC 15L West Side mintowestside.com • • from $190,000 53 13M Enigma on the Park 416-516-1551 • from $264,000 91 9L Citylights on Broadway 905-326-4100 • from $200,000 9 14D East Fiftyfive 416-368-5262 • from $260,000 57 17L Design Haus mydesignhaus.ca • from $250,000 59 14K On The Danforth onthedanforthcondo.com • from $250,000 75 23G The Bartholomew Downtown East 416-955-0559 • from $220,000 41 18K Art Shoppe Condos artshoppecondos.com • from $200,000 69 14D The Pinnacle on Adelaide 416-596-1600 • from $300,000 93 15M Riverhouse at the Old Mill 416-766-7343 • from $518,000 14 5L Chaz Yorkville Condos 416-922-0045 • from $300,000 29 16J Chaz Yorkville Condos 416-922-0045 • from $300,000 29 16J Blue Diamond at Imperial Plaza bluediamondcondos.ca/cg • from $300,000 1 15I Studio on Richmond 647-352-7736 • from $300,000 55 15M Perspective Condos 416-242-3500 from $300,000 87 4H 1000 Bay 416-485-3000 • from $390,000 120 15J Upper Beach Townes 416-693-7500 • from $390,000 82 24G E Condos 416-243-8688 • from $360,000 5 14D E Condos 416-243-8688 • from $360,000 5 14D E Condos 416-243-8688 • from $360,000 5 14D TEN93 Queen West 416-546-6355 • from $280,000 8 12F The Harlowe 416-363-1771 • from $276,000 61 15M 530 St. Clair Ave. West 416-868-0500 • from $344,000 12H the rushton rushtonliving.com • from $344,000 12H Yonge+Richmond 416-499-8883 • from $330,000 16K FWD at Concord CityPlace 416-813-0999 • • 13F Quartz at Concord CityPlace 416-813-2999 • • 15M Spectra at Concord CityPlace 416-813-0999 • • 15N Grand Parade 2 at Concord CityPlace 416-813-0999 • 15M Parade TWO Park Collection at Concord CityPlace 416-813-0999 • from $308,000 15M 383 Sorauren 383sorauren.com from $265,000 9M 383 Sorauren 416-588-0383 from $265,000 9L Garrison at the Yards 416-260-2600 • from $190,000 14n West Lake 416-260-2600 • from $240,000 14N Newton at Concord CityPlace 416-813-0999 • 12F NXT2/Phase Two 416-977-5300 • • from $210,000 5F NXT at Windermere By the Lake 416-977-5300 • • from $350,000 5F The Parkside Collection 416-351-1844 • from $700,000 8L NXT 2 416-977-5300 • • from $300,000 8N VU 416-970-9500 • • from $370,000 16L Riverside in Pine Grove 416-746-1234 3F The HUB 416-784-3482 • from $250,000 9F Sherwood at Huntington 416-485-1900 • from $1000,000 18G The High Park 416-670-3699 • from $300,000 8L Trinity Lofts 416-690-2988 • from $330,000 19l Liberty Place 416-537-0047 • • from $170,000 12N 101 Erskine 416-480-0700 • from $286,000 14D 155 REDPATH 416-996-5428 • from $210,000 14D River City 416-862-0505 • • from $250,000 18L River City 2 416-862-0505 • • from $500,000 18L The Glen 416-694-3333 • from $255,000 23H King Blue Condominiums 416-599-1355 • from $250,000 12N King Blue Condominiums 416-599-1355 • from $200,000 12N Westinghouse Lofts 416-599-1355 • from $200,000 12N

Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.

Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554

Builder

Site

Remington Group Tridel Corporation Tribute Communities Greenpark Homes Tridel Corporation Bazis Inc. Empire Communities Empire Communities Pinnacle International Pinnacle International Tower Hill Development Corporation Worsley Urban Partners Madison Homes Lamb Development Corp. Centre Court Development Neudorfer Corporation Cresford Development Corp. Easton’s Group Fernbrook Homes/Cityzen Dev. Lash Group of Companies Triumph Developments K-CAP Laird Inc. Tridel Corporation Pinnacle International Conservatory Group Pinnacle International Tridel Corporation Tridel Corporation Lanterra Developments Times Developments Inc. MintoUrban Communities Inc. MintoUrban Communities Inc. Streetcar Development Lanterra Developments Great Gulf Lindvest Canalfa Group Pemberton Group Fernbrook Homes/Cityzen Dev. Lamb Development Corp. E-Park Development Emsatec Canada Inc Neudorfer Corporation Madison Homes State Building Group Tower Hill Development Corporation Harhay Developments Empire Communities Lamb Development Corp. Tridel Corporation Tridel Corporation Harhay Developments Carttera Carttera Fernbrook Homes/Cityzen Dev. DHD Developments Great Gulf Lamb Development Corp. Plaza Menkes Developments Inc. Lifetime Developments Aspen Ridge Homes Context Development Inc. Context Development Inc. The Brownstone Group of Companies The Brownstone Group of Companies Great Gulf Plaza Bazis Inc. Metropia Plaza Pemberton Group Pemberton Group The Daniels Corporation The Daniels Corporation The Daniels Corporation Great Gulf Lifetime Developments Lifetime Developments Concert Properties Triangle West Development Tridel Corporation Tridel Corporation Tribute Communities Tribute Communities Graywood Developments Mod Developments Inc. Canderel/Stoneridge Alterra Homes/Finer Space BSaR Ltd Andrin Homes Graywood/Beaverhall Development Camrost - Felcorp Camrost - Felcorp Camrost - Felcorp Cityzen Fernbrook Homes Fernbrook Homes Urban Capital Malibu Investments Inc. Alit Developments Tre Memovia Developments Lifetime Developments Lifetime Developments Castlepoint/Cityzen/Fernbrook Sorbara Group Streetcar Development Mizrahi | Khalili Developments Sorbara Group Graywood Developments Mod Developments Inc. Reserve Properties Reserve Properties Pemberton Group Streetcar Development Greenpark Homes The Daniels Corporation Tri-Win Developments Inc MintoUrban Communities Inc. Lifetime Developments Centre Court Development Streetcar Development Menkes Developments Inc. Fieldgate Homes Freed Carttera Mod Developments Inc. Reserve Properties Castlepoint/Numa Dundee Kilmer Developments Dundee Kilmer Developments Torbel Group Baywood Homes Malibu Investments Inc. Urban Capital TAS DesignBuild Lamb Development Corp. Lamb Development Corp. Concord Adex

*TH: Townhomes, C: Condo

Telephone

TH* C*

Price Range

Page

Westinghouse Lofts 416-599-1355 • from $200,000 Ten York 416-596-9888 • from $1020,000 The College 416-363-4800 • from $336,000 Axiom Condominiums 647-352-4077 • from $225,000 Spadina Queen 416-661-1949 • from $350,000 One Yorkville 416-519-2911 • from $475,000 Water Tower at Eau Du Soleil 416-503-3328 • from $350,000 Eau Du Soleil Waterfront Condominiums 416-503-3328 • from $350,000 33 Bay Residences at Pinnacle Centre 416-925-3325 • from $375,000 Success Tower at Pinnacle Centre 416-360-0673 • from $750,000 Churchill Park Condominiums 416-966-9080 • from $900,000 Totem Condominium 416-792-1877 • from $320,000 The Madison 416-482-8090 • from $420,000 Riverside Towns 416-368-5262 • from $460,000 Core Condos 416-598-2673 • from $220,000 Fuse Condos 416-534-4444 from $220,000 Lofts 399 416-867-3999 • from $590,000 Dundas Square Gardens 416-645-8575 • from $200,000 Garrison Point garrisonpoint.ca • from $250,000 The Barrington Condominiums Flats 416-410-4444 • from $350,000 Howard Park 2 416-873-0989 • The Upper House Condos in Leaside 416-425-1800 from $350,000 Alter 416-645-4599 • from $250,000 Palatial Collection 416-925-3325 • from $800,000 Milan 416-928-7409 • from $520,000 The PJ pinnacleinternational.ca • from $300,000 Aqualina at Bayside 416-514-2710 • from $350,000 Aquavista at Bayside Toronto 416-514-2710 • from $1000,000 11 Wellesley 416-861-1111 • from $250,000 The 500 Condos + Lofts 416-960-0606 • from $400,000 King West 416-367-5464 • from $210,000 775 King West 416-367-5464 • from $330,000 Riverside Square 416-466-4466 • from $200,000 3018 Yonge In Lawrence Park 416-787-8882 • from $390,000 Monde 416-466-8885 • from $360,000 B Streets 416-532-6636 from $635,000 Liberty Central by the Lake 416-537-0047 • • The Uptown Residences 416-987-3500 • from $950,000 The Selby theselbycondos.com • The Brant Park 416-368-5262 • from $262,000 Foundry Lofts 416-531-7760 from $399,000 The Brownstones 5 416-531-7760 • from $350,000 Brownstones 416-531-7760 • from $305,000 The Upper Canada Condominium 416-489-5194 • from $1800,000 The Upper Canada Condominiums 416-489-5194 • from $1.8,000 2221 Yonge 647-350-2221 • from $320,000 East Condos & Lofts 416-368-5262 • from $310,000 Schoolhouse 416-979-1333 • from $595,000 Flatiron Lofts 416-368-5262 from $243,000 300 Front Street West 416-217-0300 • from $324,000 Atmosphere 416-217-0300 • from $1200,000 One Eleven Condominiums & Lofts 647-347-4111 • from $250,000 One Eleven Condominiums & Lofts 647-347-4111 • from $250,000 One Eleven Condominiums & Lofts 647-347-4111 • from $250,000 Pier 27 Waterlink 416-367-3456 • from $800,000 Gooderham Condos at The Distillery 416-361-1322 • from $390,000 One Bloor Residences 416-922-0081 • from $620,000 The King East 416-368-5262 • from $435,000 King West 647-341-1731 • from $346,000 Four Seasons Private Residences Toronto 416-775-7500 • from $1900,000 Four Seasons Private Residences Toronto 416-775-7500 • from $1900,000 Seventy Seven Charles Yorkville 416-203-7034 • from $2100,000 Market Wharf 416-861-8181 • from $260,000 Library District Condominiums 416-861-8181 • from $222,000 Brownstones in Davenport Village 416-531-7760 from $245,000 Brownstones on the Park 416-531-7760 • from $260,000 Charlie 416-927-9772 • from $960,000 Ivory On Adelaide 647-341-1731 • from $279,000 Exhibit 416-967-7778 • Exhibit 416-967-7778 • Exhibit 416-967-7778 • U Condominiums 416-546-6605 • from $750,000 The Urban Townhome Collection 416-546-6605 • from $1899,000 One Park West 416-955-0559 • from $406,000 One Park Place Condominiums 416-955-0559 • from $200,000 Festival Tower 416-203-2020 • from $350,000 X2 416-927-0080 • from $500,000 X2 416-927-0080 • from $303,000 Bisha Hotel & Residences 416-637-2211 • from $274,000 88 Scott 416-216-8588 • Art Condos 416-535-7775 • from $530,000 Two Old Mill 416-645-7022 • from $356,000 Old Mill 416-645-7022 • from $450,000 RCM I on University 647-351-9247 • from $393,000 Queen & Portland 416-363-4800 • from $315,000 5 St. Joseph 416-928-0555 • • from $250,000 5 St. Joseph 416-928-0555 • • from $250,000 DNA 3 416-929-1030 • from $220,000 Post House Condominium 416-964-2777 • from $350,000 12 Degrees 416-408-1200 • from $350,000 The Berwick 416-922-9425 from $280,000 The Mercer 416-597-6940 • from $350,000 Imperial Plaza 416-925-2501 • from $986,000 Yorkville Plaza 416-966-3003 • Yorkville Plaza II 416-966-3003 • Backstage on the Esplanade 416-777-2533 Backstage on the Esplanade 416-777-2533 Vero 416-798-7070 from $250,000 Tableau Condominiums 416-591-8887 • • from $450,000 Tableau Condominiums 416-591-8887 • • from $350,000 Tableau Condominiums 416-591-8887 • • from $350,000 Carmelina 416-423-8500 • from $325,000 The Yorkville Condominiums 416-987-3344 • • from $550,000 The Bond Condominiums 416-546-7525 • • L Tower 416-777-2533 • from $410,000 thirtytwo Camden 416-860-0060 • from $240,000 8 Gladstone 416-690-9009 • from $335,000 133 Hazelton Residence 416-926-9900 • 210 Simcoe 416-217-0210 • from $420,000 Five Condos 416-928-0555 • • from $375,000 Five Condos 416-928-0555 • • from $375,000 Rise 416-546-7399 • • from $290,000 Model Suite of the Month • Neon 416-987-7878 • from $470,000 The Carlaw 416-690-8588 • from $200,000 Allure Condominiums 416-487-7600 • from $350,000 Cinema Tower Condominiums 416-203-2020 • from $450,000 FAD Condos 416-815-1818 • from $250,000 30 Roe 416-915-3812 • from $350,000 INDX 416-987-4639 • INDX 416-987-4639 • The Carnaby 416-690-9009 • from $250,000 Noir 416-977-8780 • from $250,000 90 Niagara 416-981-0036 from $347,000 SIXTY Colborne 416-601-0060 • from $300,000 SIXTY Colborne 416-598-7775 • from $300,000 The Massey Tower 416-966-0197 • • from $320,000 109OZ 416-531-4844 • from $300,000 The Sterling 416-777-2533 • • from $230,000 Canary District Condominiums 416-603-7576 • from $250,000 Canary Park Condominiums 416-603-7576 • from $250,000 Wallace Walk 416-531-1818 • from $210,000 TEN93 Queen West 905-326-4100 • from $280,000 Smart House 416-292-0219 • from $438,000 Smart House 416-292-0219 • from $438,000 Duke Condos junctionlife.ca King Charlotte 416-368-5262 • from $416,000 Theatre Park 416-368-5262 • from $537,000 FWD at Concord CityPlace 416-813-0999 • •

Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.

Finder 12N 12F M14 17L 15D 15I 25B 25B 17m 17m 13H 15H 14E 19L 16L 9k 14L 17k 13N 12H 9L 18D 16J 16M 15I 15L 18N 18N 15J 17I 14M 14M 19L 14B 17M 13J 11F 16J 16J 14M 9I 9I 9I 14G 14G 14D 16M 13i 20J 15M 15M 13M 13M 13M 17N 18L 15I 18L 13N 15I 15I 14J 17M 17M 9j 9J 14M 17L 14i 14i 14i 15K 15K 18J 18J M14 16J 16J 16m 17M 12N 5L 5L 14M 15I 16J 16J 12N 16L 15L 14E 15M 15I 15I 15I 17M 17M 17M 15L 15L 15L 23J 15G 15G 17L 14L M12 14I 15M 15J 15J 12H 12H 14D 19K 14F 14M 14M 14E 16M 16M 12M 15M 14O 16L 16L 16L 12M 9L 18L 18L 9L 12F 15L 15L 8K 15M 16M 15M

Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554

torontoregionalmaps: Toronto, East York, York

# 21 22 23 24 25 26 28 28 29 29 30 31 32 33 34 36 37 38 40 41 42 43 44 45 46 47 51 51 53 54 55 55 56 57 58 59 60 62 63 64 66 66 66 70 70 71 72 78 81 83 84 85 85 85 88 94 99 101 102 103 103 104 106 106 109 109 110 114 117 117 117 118 118 120 120 122 126 126 128 129 130 131 131 133 134 135 135 136 137 141 142 148 149 149 149 151 151 151 153 153 153 154 155 155 157 165 170 173 175 179 179 184 184 185 186 188 189 191 192 195 195 197 198 199 200 200 206 207 210 215 215 217 217 218 218 219 220 221 223

101

Steeles Ave

21 22

121

North York c

400 5

124

40 8 2 50 10 4

128

7 11

401

1 96

123

401 3

25 122

130

125

132

torontoregionalmaps: North York

* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.

Builder

6 7 12 40 96 121 1 2 3 3 4 4 5 6 6 6 6 8 9 10 10 10 11 14 21 25 25 28 33 37 49 50 50 95 96 96 96 101 122 122 122 123 124 125 128 128 130 132

Concord Adex Fram Building Group Ghods Builders Inc. Menkes Developments Inc. ELAD Canada Liberty Development Corp. Concord Adex Torbel Group YYZed Project management Tiffany Park Homes Tridel Corporation Tridel Corporation Lindvest Concord Adex Concord Adex Concord Adex Concord Adex Conservatory Group Sorbara Group Bazis Inc. metropia Plaza Castle Group Torbel Group Tridel Corporation Context Development Inc. metropia Tridel Corporation Castle Royale Development Norstar Group of Companies Greenland Group MintoUrban Communities Inc. Devron Developments Aspen Ridge Homes ELAD Canada ELAD Canada ELAD Canada Kantium Development Lanterra Developments Lanterra Developments Lanterra Developments Brandy Lane Homes Tridel Corporation Fram Building Group The Daniels Corporation The Daniels Corporation Tribute Communities Fram Building Group/Cadillac Fairview

*TH: Townhomes, C: Condo

Site

Telephone

TH* C*

Price Range

Page

Omega on the park 416-813-2999 • • 38-39 SOUL mysoulcondos.ca from $250,000 89 5959 Yonge Street 416-222-5959 • from $289,000 48 Gibson Square 416-730-9722 • from $836,000 Insert Emerald City Condominiums 416-492-0001 • from $412,000 63 World on Yonge 905-771-7010 • from $284,000 37 Opus 416-813-2999 • • The Avanti Condominiums 416-636-0400 from $390,000 VISTO vistocondos.ca from $220,000 Westhaven 416-792-6655 • from $633,000 Hullmark Centre 416-733-2883 • from $524,000 Aristo at Avonshire 416-730-0300 • from $383,000 The Brownstones at Westown lindvest.com from $330,000 Tango at Concord Park Place 416-813-2999 • • from $236,000 Discovery at Concord Park Place 416-813-2999 • Discovery II at Concord Park Place 416-813-2999 • • from $210,000 Tango2 at Concord Park Place 416-813-2999 • from $265,000 Pearl 2 Condominiums 416-512-1818 • Beacon beaconcondos.ca • from $290,000 Emerald Park 416-221-8802 • from $188,000 Emerald Park 416-221-8802 • from $188,000 Emerald Park 416-221-8802 • from $188,000 Insignia Residences at Bayview Village 416-304-1212 from $350,000 Diva Condo DivaCondo.com from $225,000 Argento 416-663-1818 • from $562,000 The Yorkdale Condominiums 416-781-9990 • from $170,000 The Yorkdale Condominiums 416-781-9990 • from $170,000 Alto at Atria 416-645-8866 • from $288,000 The Palm Condominium Residences 416-306-1000 • from $400,000 Portrait Condominiums 416-282-9600 • from $300,000 King Blue 416-599-1355 • from $250,000 88 416-915-3805 • from $325,000 Flo Condominiums 647-799-0356 • from $250,000 Scenic on Eglinton 416-805-1781 • Dreamtower At Emerald City 416-492-0001 • from $248,000 Biyu Emerald City biyucondos.com • from $250,000 The Colours of Emerald City coloursofemeraldcity.com • from $250,000 Posh Condominiums 905-771-0134 • from $544,000 Treviso Condominiums 416-787-8882 • from $250,000 Treviso II 416-787-8882 • from $250,000 Treviso III 416-787-8882 • from $250,000 The Station 416-398-9777 • from $420,000 Trio at Atria 416-645-8866 from $255,000 LIV Lofts 416-445-5638 • from $250,000 NY Place 416-221-3939 • from $250,000 NY2 416-221-3939 from $250,000 Canterbury 647-352-2130 • • from $700,000 Flaire Condos 416-445-8868 • from $320,000

Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.

Finder 22C 25C 18A 17C 24C 18A 22C 17C 8E 23G 18D 18D 4C 22C 22C 22C 22C 17C 17C 17C 17C 17C 20C 11C 22e 12E 12E 25D 17B 13C 13N 18c 18c 23G 24C 24C 24C 16A 12F 12F 12F 12D 24C 22F 19C 19C 19F 22F

Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554

Islington Ave

Kipling Ave

Westway

12 Etobicoke

409

Rathburn Rd

21 ll R Mi

ve nA

Dixon Rd

ett R Scarl

Av e

34 Bloor St W

Dundas St W

35 Queensway

* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.

11 56 4 39 37 6 33 17 18 19

Gardiner Expressway Evans Ave 2

Horner Ave

50 8 5 51

Park Lawn

QEW

Royal York Rd

Scarborough

*TH: Townhomes, C: Condo

Builder Concert Properties Monarch Corporation Menkes Developments Inc. Queenscorp Residences Liberty Development Corp. Monarch Corporation Tridel Corporation Insoho Developments Stanton Renaissance Stanton Renaissance Devron Developments Lemine Investment Group Monarch Corporation Monarch Corporation Conservatory Group Great Gulf Menkes Developments Inc. Tridel Corporation Wilkinson Developments Lash Group of Companies Carttera Camrost - Felcorp Camrost - Felcorp National Homes Averton Homes Infinity Developments Esquire Homes Times Group Corp. ICON Homes Henderson Development Limited Monarch Corporation Empire Communities Edilcan Development Corp. Tridel Corporation Amexon Development Corporation Tridel Corporation Remington Group Pemberton Group Alterra Homes/Finer Space Tridel Corporation Phantom Developments Your Home Developments VHL Developments Ltd. VHL Developments Ltd. Royale Grand Woodbine Developments MintoUrban Communities Inc. First Avenue Properties Lash Group of Companies

Martin Grove Rd

Finch Ave W

Ranforth Dr

Da nf or th

bio

# 16 18 21 25 28 39 55 1 2 2 3 3 4 5 6 7 7 8 9 10 10 11 11 12 13 14 15 17 19 20 29 33 34 35 37 44 46 50 51 55 56 60 61 61 62 65 70 71

sto

Manse Rd

21 22

401

Centennial

Galloway Rd

lva

Passmore Ave

East Ave Port Union Rd

Orton Park Rd

Markham Rd

St. Clair Ave

Scarborough Golf Rd

McCowan Rd

* Due to scale restrictions, locators are d 1 see builder’s ads approximate. Please n R for sto exact locations. ng

Victoria Park

Bellamy Rd

Lawrence Ave E

n Dr

orto

Brim

Eglinton Ave E

Humberline Dr

Progress Ave

29 20

Brimley Rd

Warden Ave

Pharmacy Rd

Birchmount Rd

Kennedy Rd

Ellesmere Rd

427 Morrish Rd

55 Midland Ave

401

Beare Rd

Sheppard Ave E Conlins Rd

Milner Ave

Meadowvale Rd

Sheppard Ave E

Ave

Morningside Ave

evin

McL

12 Reesor Rd

Huntingwood Dr

11 Sewells Rd

Finch Ave E

Neilson Rd

McNicoll Ave

Tapscott Rd

McCowan Rd

Lakeshore Blvd W

Site Telephone TH* C* Price Range Page Finder The KIP District thekipdistrict.com • from $249,000 71 22F Lago 416-495-3544 • from $200,000 Insert 25c Dwell City Towns 416-259-2525 • from $390,000 Insert 20F Watermark 416-354-2221 • from $350,000 85 23H Terrace on Danforth 416-987-7575 • from $253,000 37 2G Waterscapes 416-495-3544 • from $400,000 Insert 26H Avani 2 At Metrogate 416-293-5535 • from $220,000 IFC & BC 4C Imagine Condos 416-367-7303 from $235,000 4F On The Go Mimico 647-692-8417 • from $250,000 23H On The Go 647-692-8417 • from $250,000 23H The Academy academycondos.com • from $220,000 10D The Academy academycondos.com • from $220,000 10D Nautilus at Waterview 416-203-6636 • from $400,000 25H The Epicurean 416-495-3530 • from $250,000 24F Altitude 416-321-1659 • from $230,000 25H One Sherway Condominiums 416-695-3535 • from $280,000 20G One Sherway Condominiums 416-695-3535 • 20G Islington Terrace 416-645-8862 • from $250,000 23F Hunt Club Terrace 416-698-3020 • 2H Cloud 9 Condominiums 416-747-0199 • from $230,000 22B Cloud 9 Condominiums 416-800-0812 • from $230,000 22B ilofts at Mystic Pointe 416-251-8888 • from $310,000 25G California Condos 416-251-8888 • from $242,000 25g Richview 416-746-1234 • from $570,000 23D Jasmine Condominiums 416-702-1234 • from $250,000 2C Residences at The Hunt Club 416-699-1711 • from $300,000 2G Three Seven Condos & Lofts esquirehomes.ca • from $210,000 12D Key West Condominium keywesttorontocondo.com from $320,000 25H Royal York Urban Towns 416-901-0206 • from $220,000 24H Centro 416-296-1898 • from $185,000 5D Encore 416-495-3544 • 6D Beyond The Sea Star Tower Condominiums 416-979-1333 • • from $400,000 24H Triumph at Valhalla 416-233-5554 • from $250,000 21F Parc Nuvo at Essex 416-231-0999 • from $456,000 22g South Beach 416-252-3000 from $209,000 25H West Village 416-620-1887 • from $290,000 20F Park Towers at IQ 416-253-5838 • from $170,000 23G Vivid Condos 416-239-8200 • from $250,000 23F Westwood Condominiums 416-239-9888 • from $250,000 23F Avani At Metrogate 416-293-5535 • from $240,000 4C Jade Condominiums 416-762-8818 • from $293,000 25G Nature’s Path 416-745-6686 • • from $270,000 11E 2150 Condos 416-750-2150 • 3E Haven On The Bluffs 416-2611-9555 • from $160,000 3E Lexington 416-638-8444 • from $240,000 21C South Shore 416-913-2136 • from $350,000 22H Qube Condos 647-351-7823 • from $200,000 24G Me Condos 416-430-0003 • from $250,000 8D

Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.

Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554

torontoregionalmaps: Scarborough, Etobicoke

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* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.

Builder

Menkes Developments Inc.

TH* C*

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Harbour plaza

Site

416-591-7700

Telephone

•

from $350,000

Page

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12 STREETCAR

The Southwood

416-750-7506

• from $300,000

47 23D

18 URBAN CAPITAL

RC3

416-862-0505

• from $220,000

45 16F

29 PINNACLE INTERNATIONAL

33 Bay Residence at Pinnacle Centre

416-925-3325

• • from $375,000

Concord Adex

FWD at Concord CityPlace

416-813-0999

Concord Adex

Quartz at Concord CityPlace

Concord adex

4 4

Insert

14F

15F

• •

13F

416-813-0999

• •

12F

ParadeTWO Park Collection at Concord CityPlace

416-813-0999

• from $308,000

15M

Monarch Corporation

Nautilus at Waterview -

416-203-6636

• from $400,000

25H

tridel corporation

Aqualina at Bayside Toronto

416-514-2710

•

16E

4 tridel corporation

AquaVista at Bayside Toronto

416-514-2710

• from $1,000,000

16E

Cresford Development Corp.

NXT at Windermere By The Lake

416-977-5300

• • from $350,000

11f

Cresford Development Corp.

NXT2/Phase Two

416-977-5300

• • from $210,000

CONCORD ADEX

Spectra at Concord CityPlace

416-813-0999

• •

14F

10 Great Gulf

Twenty Lombard

416-499-8883

• from $492,000

16K

11 CAMROST FELCORP

California Condominiums

sunsetcondos.ca

• from $242,000

25G

18 URBAN CAPITAL

River City 2

416-862-0505

• from $276,000

16F

58 GREAT GULF

Monde

416-466-8885

• • from $360,000

17E

60 CANALFA GROUP

Liberty Central by the Lake

416-537-0047

11F

*TH: Townhomes, C: Condo

Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.

•

Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to 416-789-9554

Uxbridge TH* C*

Price Range

Lake

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• from $400,000

Insert

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416-354-2221

• from $300,000

Whitby

• from $350,000

Oshawa

Insert

24c

401

19D

Atwater Condos

905-271-5038

• from $280,000

12C

Stanton Renaissance

On The Go

647-692-8417

• from $250,000

23C

chestnut hill development

San Francisco By The Bay

905-831-3631

• • from $180,000

23J

Eau Du Soleil - Waterfront Condominiums

416-503-3328

25B

• from $320,000

Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to 416-789-9554

waterfrontmaps: GTA

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Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.

Bloor St

Whitby 7 Waterfront

Stevenson Rd

Thornton Rd

Wentworth St

Gibb St

Park Rd S

King St W Bond St W

Centre St.

401

Schomberg Riva Del Lago

Adelaide Ave

Kendalwood R

416-495-3544 48

Garrard Rd

Telephone

Blair St

Hopkins St

Bradford Tecumseth and Tottenham Waterscapes

Garden St Blair St

Cannington

East Gwillimbury Further North Waterfront 400

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Ajax-Whitby

Keswick

Shoal Point Rd

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Brock St S Henry St Gordon St

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Westney Rd S

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Pickering Beach Rd

Harwood Ave

Finley Ave

Cochrane St

Oro

Dundas St E

Rossland Rd

Manning Rd

Town of Whitby

Kingston Rd

McQuay

Anderson St

Dryden Bv

windcatcher development corp.

*TH: Townhomes, C: Condo

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Stevenson Rd

Garden St

Taunton Rd W

28 empire communities

To Os

Thornton Rd

Conlin Rd

Rossland Rd

Townline Rd

Church St E

Thickson Rd

Baldwin St S

Garrard Rd

Baldwin St N

Lakeshore Blvd E

Brock St N

8 Con

Country Lane

Evans Ave

Coronation R

Lakeridge Rd

Duffs Rd

Park Lawn Cedarbrook T

Royal York Rd

Halls Rd N

Audley Rd

Stevenson Rd

Ashburn Rd

Cochrane

Country Lane

Lake Ridge R

Audley Rd

Salem Rd

orth Dr d ll R Mi

Salem Rd

Mara

Taunton Rd WWaterfront Etobicoke

Town of Ajax

Magill Dr

25 queenscorp residences

Fifth Conces 12 11 9

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Queensway

Horner Ave Rossland/Winchester

Alliston,

Adjala 9

Lak

18 Monarch Corporation

Ravenscroft

Mono

Church St S

Squires Beach Rd

Hwy 5

* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.

Delaney Dr

400

Beeton, Site

11 MonarchShelburne Corp.

Essa

QEW

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Barrie

21 22

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Brock Rd

Sandy Beach

Liverpool Rd

Montgomery F

4 Sideline R

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Bracebridge

400

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Angus

Columbus Rd

Greenwood Rd

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Rossland Rd

Sunnidale Oakville Granite Court 90 Waterfront Lisle

7 Concession

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Appleview Rd

Sprduce Hill R

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400

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I BUILD FRIENDSHIPS.

“I have grown professionally since getting involved a few years ago and built a network of industry colleagues and new business contacts. They have an endless amount of experience and many have become my mentors and friends.”

Jeﬀ Martino Retail and Service Manager

Martino Contractors Ltd. Trade Contractor Member Since 1987

I AM

Get Involved: bildgta.ca

GTA Edition Jan 31 - Feb 14, 2015

Your complete source for condos, lofts and townhomes in the GTA

IN THIS SECTION Maps and listings for new condo communities in the 905 region Builder news and the latest in condos in the 905 JAN 31 - FEB 14, 2015 NEW CONDO GUIDE 101

CONDO WATCH

9 5 Builders: If you would like to include your preview registration, new release or site opening in this feature, just email the details to Lydia.McNutt@wall2wallmedia.com

new releases & grand openings

previews & registrations

LEGACY PARK By Liberty Development Corp.

OAKVILLAGE By Minto, Branthaven and Emshih

Live in Thornhill’s most connected community at Bathurst and Centre Street. Web: LegacyParkCondos.com

PINNACLE GRAND PARK 2 By Pinnacle International Brand new suites are now on sale at Pinnacle Grand Park 2, the newest addition to Mississauga’s skyline. Web: PinnacleGrandPark.ca

HOT CONDOMINIUM By Great Gulf Phase 3 final release of this stylish boutique condominium is now on sale at Winston Churchill and Eglinton. Web: GreatGulf.com

PACE ON MAIN By Geranium Homes Luxury suites are coming soon to Stouffville’s boutique condominium address. Web: GeraniumHomes.com

Introducing Oakvillage, a master-planned townhome community coming to Dundas St. E. and Trafalgar Rd. Register now. Web: Oakvillage.ca

SENSES CONDOMINIUMS By Empire Communities Indulge all your senses and live life to the fullest in one of Oakville’s best locations. Register now. Web: SensesCondos.com

THE SORRENTO By Armour Heights Developments Register now for this four-storey condominium in Richmond Hill, offering Eurpoean-style units. Web: TheSorrento.ca

THE MET CONDOS By Plaza The Met takes comfort and luxury to a whole new dimension. Web: TheMetCondos.com

CENTRO SQUARE CONDOS By Liberty Development Corp. Live luxuriously in a stylish condo at one of the best corners in Woodbridge. Web: CentroSquare.ca

CRYSTAL By Pinnacle International Register now for all the latest information on this master-planned community in Mississauga. Web: PinnacleUptown.ca

DANIELS ERIN MILLS By The Daniels Corp. This new addition to Mississauga will make you love where you live, work and play. Now on sale. Web: DanielsErinMills.com

THE BERKELEY By Carriage Gate Homes A hotel-inspired condominium is coming to Caroline Street and Elizabeth Street in Burlington. Web: TheBerkeleyCondo.com

102 NEW CONDO GUIDE JAN 31 - FEB 14, 2015

Live Free FOR A YEAR PROGRAM

EXPIRES FEBRUARY 28

OVER $50,000 IN VALUE

• $10,000 CASH BACK • MAINTENANCE FOR A YEAR • PARKING • LOCKER • LUXURY FINISHES • INDIVIDUAL SUITE CLIMATE CONTROL

Visit our on-site sales centre before February 28 to speak to a Sales Representative to take advantage of this limited time offer. Now under construction with Fall 2015 Occupancy.

Visit our Sales Centre at 9612 Yonge St. 905.907.4370 www.grandpalace.ca

16TH AVE.

BAYVIEW AVE.

WELDRICK RD.

YONGE ST.

MAJOR MACKENZIE DR.

Prices & specifications subject to change without notice, E. & O. E.

CONDO PROFILE

A LIFE OF LUXURY IN RICHMOND HILL

he lap of luxury, Grand Palace, is becoming a reality on Yonge Street in the heart of Richmond Hill. With two towers well under construction, excitement is growing as each new floor rises. “At Grand Palace, our vision is to create an ambient lifestyle of enjoyment, serenity and convenience all while surrounded by beauty and luxury. It’s the perfect community to call ‘home’,” says Candice Gasparro, marketing manager. It’s instantly apparent when visiting the Grand Palace sales office that no small detail

What really distinguishes the Grand Palace from its competition are the incredible exclusive amenities available to its residents

104 NEW CONDO GUIDE JAN 31 - FEB 14, 2015

has been overlooked in the planning of this complex – the attention to detail and uncompromising standard of excellence is carried throughout the development. The three partners – Stefano Guizzetti, Albert Gasparro and Jack Scivoletto – paid meticulous consideration into details often overlooked. In fact, the partners are so committed to Grand Palace that they have each purchased their own suite, as well as the staff at G Group, attesting to the quality of this beautiful development. The partners seek to exceed expectations with three elevators per tower, where only two were required. Their goal is to provide convenience to the residents by minimizing elevator wait time! Each suite at Grand Palace features nine-ft. ceiling heights and is equipped with independent suite climate control – a useful feature that many buildings do not offer. Each tower also has a guest suite and party room with an outdoor terrace. Residents at Grand Palace have the convenience of condominium living with the benefits of hosting special occasions and entertaining in a home. The finishes of each suite are spectacular, exuding

a sense of regency. The standard finishes at Grand Palace are considered upgrades at other condominiums. What really distinguishes the Grand Palace from its competition are the incredible exclusive amenities available to its residents. The Grand Spa is the first-of-its-kind freestanding amenities structure. Not only will The Grand Spa feature a full-service fitness centre, yoga room, outdoor tanning terrace, indoor swimming pool and saunas, but homeowners at Grand Palace will have access to a luxurious full-service spa only steps from their door. The jewel of Grand Palace is the Winter Garden. Uniting the two towers located directly on Yonge Street, the Winter Garden is a year-round oasis.

Here residents can meet with family and friends under the alluring 27-ft. ceilings and enjoy the beauties of nature year-round. The Winter Garden will feature underground water streams, a beautiful fountain, and boutique coffee shops on either side so residents will do more than just live at Grand Palace – they will relish every moment and aspect of life at this fantastic location. At Grand Palace, residents can “Live Life Grand” at affordable prices. Construction is well underway with occupancy expected to begin in late 2015. Home-ownership opportunities like this are rare. Never before has a condominium complex been so finely and luxuriantly featured, all nestled within the heart of Richmond Hill.

For more information, visit grandpalace.ca or call 905.907.4370.

JAN 31 - FEB 14, 2015 NEW CONDO GUIDE 105

HOMEBUYERS’ HELP

Condo hunter’s checklist WHEN SHOPPING FOR YOUR DREAM CONDO, CARRY THIS LIST WITH YOU AND TAKE NOTES TO HELP YOU REMEMBER WHAT YOU SAW, AND WHERE!

CONDO #1

CONDO #2

CONDO #3

CONDO #4

Project & address:

Salesperson:

Phone:

Developer/builder:

Type:

midrise highrise

townhome conversion

midrise highrise

townhome conversion

midrise highrise

townhome conversion

midrise highrise

townhome conversion

Sq. ft.:

# of bedrooms:

# of bathrooms:

Interior appliances:

Options:

Parking facilities:

Special incentives:

Price:

Down payment:

Condo fees:

Financing available:

Other comments:

106 NEW CONDO GUIDE JAN 31 - FEB 14, 2015

LOOKING FOR A NEW HOME?

It’s only a tap away.

Find the perfect new home or condo in the neighbourhood that ﬁts your lifestyle. Start searching now!

DOWNLOAD THE APP

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CONDO PROFILE

THE SORRENTO CONDO A privileged lifestyle for those who’ve earned it

ou’ve earned it. You’ve worked hard. Raised a family. Maintained your home. And now it’s time to enjoy the fruits of your labour in a carefree, “lock and leave,” beautiful condominium that will free you from the strings of single home ownership that inevitably tie you down. If you are ready to downsize, The Sorrento by Armour Heights in Richmond Hill is the perfect condominium choice. With no driveways to shovel, no furnaces to break down, no grass to cut and no gardens to weed, you’ll enjoy maintenance-free, carefree living in truly magnificent surroundings. Plus, you can delight in all of the amenities that The Sorrento offers. Enjoy a stunning indoor swimming pool without the worry of maintaining it. Exercise in a state-of-the-art work-out facility without thinking about calibrating the equipment or replacing worn parts. Get in touch with your inner Zen in a serene yoga room that you don’t have to dust or vacuum. Enjoy the games and billiards lounge with friends, worry-free and maintenance-free. Throw a party in the elegant party room equipped with a kitchenette. And for overnight visitors, a luxurious guest suite is available.

108 NEW CONDO GUIDE JAN 31 - FEB 14, 2015

Located in prestigious Richmond Hill, just off Yonge Street at King Road, The Sorrento offers a carefree lifestyle of elegance and serenity surrounded by nature. Rising just four-stories, the building looks more like a grand estate than a condominium. The Sorrento is surrounded by breathtaking gardens and is just moments away from Bond Lake and countless miles of hiking trails. From the moment you enter The Sorrento’s lobby, you and your guests will be swept away by the quality of the workmanship; the exquisite details and design that

Armour Heights prides itself on excellent service, luxurious and eco-friendly construction with quality, detail-oriented finishes have gone into this truly exceptional residence. During nice weather, enjoy the delightful shaded courtyard with plenty of seating, Bocce court, barbecue and a delightful pergola – the perfect place to enjoy a summer sunset. The fourth floor offers a serene outdoor space as well, furnished with comfortable seating and lots of room to enjoy the view. You will appreciate the convenience of a concierge to receive your packages and take care of details that need attending. You will also have the security of a live-in building superintendent who will ensure that your home is always in optimum condition. Other building amenities include a convenient car wash located in the parking garage as well as a pet washing station and an elegant library with fireplace located off the front lobby. And it’s all looked after with the ultimate of care – just for you. But amenities are just part of The Sorrento story. You can choose a suite from an impressive collection of sizes and styles including onebedroom, one-bedroom-plus-den, two-bedroom and the option for twobedroom-plus-den and three-bedroom suites – some featuring Europeaninspired alfresco terraces. All suites feature soaring nine- to 12-ft. ceilings, oversized windows and breathtaking finishes. You can get an idea of the luxury of the suites by visiting The Sorrento’s model suite – a designer-decorated, 1,000-sq.-ft., two-bedroom suite that encapsulates the fine features and finishes you can expect at The Sorrento. For more than 25 years, Armour Heights Developments has provided high-quality, professionally managed residential and commercial

construction in the GTA. Armour Heights prides itself on excellent service, luxurious and eco-friendly construction with quality, detailoriented finishes. Some of Armour Heights’ residential projects include The Amalfi Residences on Keele Street, River’s Edge in Bolton, The Manors of Corsica, The Amesbury Residences, The Manors of Bayview, and their latest project, Oak Ridges Retirement Residences.

Visit The Sorrento today! The presentation centre and model suite are located at 11300 Yonge St., south of Gamble Road. Hours are 1 to 7 p.m. Monday to Thursday; and noon to 5 p.m. Saturday, Sunday and holidays. For more information call 289.637.1777 or visit thesorrento.ca.

JAN 31 - FEB 14, 2015 NEW CONDO GUIDE 109

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•

from $250,000

Page

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17M

from $300,000

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The Craftsman

Windcatcher Development Corporation

Atwater Condos

905-271-5038

•

from $280,000

24L

Castleridge Homes

The Clairington

905-793-0002

•

from $230,000

16E

Pinnacle International

The Marquee Townhomes on the Park

905-568-9000

•

from $700,000

20K

Conservatory Group

Mirage

905-232-2400

•

from $270,000

20K

AMACON

PSV2

905-273-9333

•

20L

Great Gulf

HOT

905-828-4257

•

from $330,000

16M

Fernbrook Homes

Absolute World

416-869-6057

•

from $188,000

21k

Cityzen

Absolute World

416-869-6057

from $188,000

21K

10 AMACON

The Residences at Parkside Village

905-273-9333

•

21K

12 Alterra Homes

Renaissance in Olde Brampton

416-710-1010

•

from $490,000

13H

14 Pemberton Group

Rosedale Village Golf & Country Club

905-799-5000

•

from $346,000

13F

15 ADI Development Group

Link2 Condos+Lofts

905-592-2028

•

from $195,000

16 Vandyk Communities

Windows on the Green

905-822-3333

from $300,000

19N

17 Pemberton Group

Downtown Erin Mills Condominiums

905-630-6300

•

from $300,000

18M

18 Retirement Lifestyle Communities

Palisades on the Glen

905-820-8210

•

from $290,000

18N

20 Carriage Gate Homes

The Berkley Downtown Burlington theberkeleycondo.com

•

21 Casino Bay Dev. Corp./Toddglen

Panoramic Point at Brewery Bay

1-866-611-5525

•

from $264,000

27 Inzola Group

Park Place

905-451-7001

•

from $310,000

14H

30 Pinnacle International

Pinnacle Grand Park

905-276-3981

•

from $300,000

20L

30 Pinnacle International

Pinnacle Grand Park 2

905-276-3981

•

from $200,000

20L

32 Armour Heights Developments

River’s Edge

905-533-2400

•

from $285,000

14A

34 Pinnacle International

Pinnacle Uptown, Crystal

905-568-9000

•

from $200,000

19K

35 Ashley Oaks Group

Emporium at Joshua Creek

905-618-0660

•

from $200,000

17O

38 Tridel Corporation

Metrogate - Ventus 2

416-293-5535

•

from $302,000

19J

38 Tridel Corporation

Ventus at Metrogate

416-293-5535

•

from $344,000

19J

45 Empire Communities

Rain Condominiums

905-845-7246

•

from $200,000

17Q

46 Mattamy Homes

The Mount Pleasant Village

mattamyhomes.com

•

from $200,000

20K

*TH: Townhomes, C: Condo

Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.

craftsmancondos.com

Price Range

•

Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554

905 regionalmaps: Burlington, Brampton, Mississauga, Oakville, Further West, Further North

111

* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.

East

Hwy. 27

To wn of O sh awa

TH* C*

7 407

Markham

ion R

Telephone

11 Concess

Site

10 Concess ion R

9 Line

Town of Markham

Hwy. 48 le Dr

404

14 Ave

Raymervil

407

Main St S

Builder

Aldergrove Dr

Bullock Dr Hwy 7

McCowan Rd

Ave

7 14

Key Maps

Major Mackenzie

16 Ave Carlton Rd

404

John

Kennedy Rd

Warden Av e

Cachet Pkwy Woodbin e

905regionalmaps: Maple, Thornhill, Richmond Hill, Vaughan, Markham, Ajax, Whitby, Oshawa

Leslie St

18 Ave

Steeles Ave E

Steeles Ave W

112

Elgin Mills Rd

Leslie St

Clark Ave W

16th Ave.

Thornhill Henderson Av

Yonge St

Centre St

24 1 13

rn Ave

e Av

407

404

Strathea

n to

Langstaff Rd

g 407

43 10 33

Denham Dr

ng Isli t nce S Clare Kipling Av

41 26

Neal Dr

f Rd Langstaff

401

19 Ave

Major MacKenzie

Weldrick Rd W

Rutherford Rd

400

Elgin Mills Rd

Richmond Hill

e 20

Regent St Mill St

Maple

19th Ave.

Yorkland

Huntingto

Major Mackenzie

401

Gamble Rd

Bathurst St

Dufferin

y Cr

Teston Rd

Nashville Rd

400

Jefferson Sideroad

Keele St

Kirby Rd

Jane St

Pine Valle

401

Weston Rd

Cold Cree k

12 Line Rd

King-Vaughan Rd

To wn of Ajax

City of Pickerin g

Yonge St

Bayview Ave

King Rd

To wn of W hitby

Bloomington Sideroad

21 22

Denison St

Price Range

Page

Finder

13 Liberty Development Corp.

Legacy Park

905-731-8302

•

from $300,000

10g

32 Liberty Development Corp.

Royal Gardens

905-889-9997

•

from $303,000

15F

43 Guizzetti Developments

Grand Palace

905-907-4370

•

103

12E

44 Liberty Development Corp.

Centro Square Condos 2

905-851-8877

•

from $400,000

•

from $400,000

16D 22D

Monarch Corporation

Garden Court

416-495-3595

Flato Development

Arthouse Condos

905-554-8722

from $200,000

Tribute Communities

Varley

905-604-1477

•

from $420,000

19F

Tridel Corporation

Renaissance of Richmond Hill

416-736-9500

•

from $740,000

14E

Lindvest

Grand Cornell Brownstones in Markham

905-294-6161

from $340,000

23F

Armour Heights Developments

The Sorrento

289-637-1777

•

from $390,000

13B

MintoUrban Communities Inc.

•

from $300,000

12F

from $250,000

12E

WaterGarden

416-915-3800

10 Great Lands Corp.

The Beverly Hills Resort Residences

905-882-6636

11 Triaxis Development Inc/Marino Developments

Courtyards of Maple

416-798-7070

•

from $390,000

12 Greenpark Homes

UV2

905-554-6501

•

from $253,000

22F

14 Remington Group

The Signature Condominium

905-948-9900

•

from $300,000

18F

14 Remington Group

Model Suite of the Month

905-948-9900

•

from $300,000

18F

20 Solmar Development Corp

Bellaria Residences

905-417-8482

•

from $240,000

22 Quadra Mgt. & Sceptre Devs.

Renaissance Court at Woodbridge Gates

905-851-4220

•

from $505,000

22 Wycliffe Homes

Fairground Lofts

905-605-5900

•

from $340,000

24 Liberty Development Corp.

The Fountains

905-731-8302

•

from $272,000

10F

26 Rice Development

Ambria

905-796-3630

•

from $340,000

28 Chestnut Hill Homes

San Francisco by the Bay

905-831-3631

•

from $200,000

22C

31 Pemberton Group

Sky City

905-709-5700

•

from $320,000

12F

31 Pemberton Group

Sky City 2

905-709-5700

•

from $320,000

12F

32 Signature Communities

TAO Boutique Condos

905-597-2535

•

from $200,000

15F

33 Pemberton Group

Miracle at Yonge

905-709-5700

•

from $280,000

12F

34 Sierra Homes

68 Main Street

905-305-0822

•

from $250,000

21E

40 Nova Trimax

Allegra

905-850-6866

•

from $250,000

41 Quadcam Development Group Inc

Vista Parc Condominiums

905-850-8883

•

from $260,000

45 Kylemore Communities

The 6th Angus Glen

905-887-9950

•

19E

46 Empire Communities

The Mark

905-554-5015

•

22E

*TH: Townhomes, C: Condo

Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.

•

from $250,000

Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554

HOMEBUYERS’ HELP

condo buyers’ resource section YOU LOVE THE CONDO, SEE WHAT YOU CAN AFFORD! Compare mortgage rates for your best deal Calculate your mortgage payments

JAN 31 - FEB 14, 2015 NEW CONDO GUIDE 113

HOMEBUYERS’ HELP

Calculate your mortgage payments interest rate

amortization period

chart figure

mortgage amount ÷ 1,000

monthly payment

EXAMPLE: 5%

25 YEARS

5.82

125 (mortgage amount $125,000)

Follow these steps to see if you’ll qualify for a mortgage on your dream condo 01 Determine the

03 Choose your desired

04 At the intersection of

appropriate five-year fixed mortgage rate, which is easiest to qualify for.

amortization period across the top of the table (25 years has lowest payment and is easiest to qualify for firsttime homebuyers).

the column and row is your mortgage payment per month per $100,000 borrowed.

02 Look down the left column of the table on the opposite page to find the rate (rounded to the nearest 1/4 per cent).

114 NEW CONDO GUIDE JAN 31 - FEB 14, 2015

Bear in mind that this is a rough estimate. If you have several other large loans already, you may qualify for less. Also, banks and trust companies vary in their policies. The best way to know what you can afford is to go to the lending institution of your choice and get pre-qualified.

Mortgage payment calculation chart

INTEREST RATES

Amortization Periods 15 YEARS

20 YEARS

25 YEARS

30 YEARS

2.50%

$666

$529

$448

$394

2.75%

$678

$541

$461

$407

3.00%

$690

$554

$473

$421

3.25%

$702

$566

$486

$434

3.50%

$714

$579

$499

$448

3.75%

$726

$591

$513

$461

4.00%

$738

$604

$526

$476

4.25%

$750

$617

$540

$490

4.50%

$763

$630

$553

$504

4.75%

$775

$644

$567

$519

5.00%

$788

$657

$582

$534

5.25%

$801

$671

$596

$549

5.50%

$814

$684

$610

$564

5.75%

$827

$698

$625

$579

6.00%

$840

$712

$640

$595

6.25%

$853

$726

$655

$611

6.50%

$866

$741

$670

$626

6.75%

$880

$755

$685

$642

7.00%

$893

$769

$700

$659

Table provided by Calum Ross, owner, president and principal broker at Calum Ross Mortgage. He can be reached at 416.410.9905, calum@calumross.com and calumross.com JAN 31 - FEB 14, 2015 NEW CONDO GUIDE 115

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HOMEBUYERS’ HELP

Compare mortgage rates for your best deal CHARTERED BANKS

Variable

ATB Financial

2.7

Alterna Svgs/Alterna Bk

2.6

Bank of Montreal

Bank of Nova Scotia

3.1

Canadian Western Bank

6 Months 4 6.30op 4 6.30op 4 6.30op 4.55 6.45op 4 6.45op

CFF Bank CIBC

3 6.70op

ICICI Bank Canada

3.05

Manulife Bank

2.7

4.45

National Bank

n/a

4.4 6.70op

President’s Choice Financial

1 Year

3 years

4 years

5 years

2.89

2.99

3.09

2.98

2.94

3.19

3.04

3.85

4.39

3.29

3.14

3.44

3.94

3.19

3.04

3.65

4.2

4.99

3.75

2.69

3.79

2.99

2.99 6.35op 3.15

2.79

3.65

3.14

4.99

3.65

3.64

3.69

3.89

3 3.50op 3.14 6.70op

3.04

3.09

3.04

3.75

3.09

3.19

2.94

2.89 6.50op 2.98

2.65

Royal Bank

3 6.30op

TD Canada Trust

Tangerine

2 years

2.94 6.30op 2.98 6.30op 3.14 6.30op 3.29 6.50op 3.14 6.30op 3.69

3.59

2.99

4.44

3.14 6.30op 2.99 6.30op 3.19

3.14

3.8

4.54

4.84

2.94

3.44

3.14

3.29

3.24

3.49

3.69

3.79

TRUST COMPANIES Community Trust

n/a

6.5

3.14

3.25

3.95

4.74

4.99

Concentra Financial

n/a

3.44

3.94

4.79

n/a

3.6

3.7

4.6

4.95

Home Trust Company

2.5

2.89 6.30op 3.45 6.30op 2.89

2.59

Effort Trust

5 6.70op 4.45 6.30op 3.95

2.89

2.79

2.94

2.95

Investors Group Trust

n/a

3.75

4.64

4.99

3.1

3.14 6.30op 3.29 6.50op

3.14

MTCC

4.2 6.50op 4.55 6.45op

3.14

3.44

3.94

3.19

3.1

3.33

3.65

3.13

6.2 6.40op 3.95

3.01 6.25op 2.99 6.30op 2.99

3.25

3.29

2.99

2.59

2.69

2.79

2.99

3.14

3.29

3.09

3.19

2.79

2.99

3.14

3.29

3.14

3.75

4.64

4.99

2.75

3.4

2.95

3.15

3.95

4.35

4.84

5.14

2.65

3.65

3.29

3.19

3.05

3.15

3.25

3.4

2.85

2.95

3.05

3.1

OTHER FINANCIAL INSTITUTIONS Airline Financial C.U. Comtech Credit Union

4 2.95

First National Fin. LP FirstOntario C.U.

2.75 6.34op

IC Savings London Life

n/a

Luminus Financial

2.6

MCAP

2.5

Meridian Credit Union

2.75

Parama Credit Union

2.85

Steinbach Credit Union

2.5

4.2 6.50op

3.09 6.34op 2.99 3.14 6.30op 2.95 6.25op 3.6 3.09 6.30op 2.85 3.00op 2.75

Notes **Interest rate charged subject to adjustment during term mortgage. Please consult institution for term of years available. All rates are prime rates and subject to change without notice. R.O.R. = RATES ON REQUEST OP = OPEN ----- = NOT QUOTING N/A = NOT AVAILABLE Prepared by http://www.FiscalAgents.com/mortgage/rates

JAN 31 - FEB 14, 2015 NEW CONDO GUIDE 117

index of advertisers 45 Charles Ltd. - Chaz Yorkville Condos

Luxury Living Magazine - Promo

Amexon Development Corporation - The Residence of 488 University Avenue 77

Madison Homes - Zigg St.Clair West

Aragon Properties - Enigma on the Park

Menkes Developments Inc. - 365 Church

Insert

Aspen Ridge Homes - Studio on Richmond

Menkes Developments Inc. - 87 Peter

Insert

Menkes Developments Inc. - Dwell City Towns

Insert

Menkes Developments Inc. - Fabrik

Insert

Menkes Developments Inc. - Gibson Square

Insert

Menkes Developments Inc. - Harbour Plaza

Insert

Menkes Developments Inc. - Pears on the Avenue

Insert

Menkes Developments Inc. - The Eglinton Yonge at Heart

Insert

Bazis Inc. - E Condos

Bazis Inc. - No1 Yorkville

BILD - Promo Camrost - Felcorp - Blue Diamond at Imperial Plaza Concert Properties - The KIP District Concord Adex - Model Suite Of The Month Concord Adex - Omega on the park

100 1 71 119 38-39

Cresford Development Corp. - 1000 Bay

120

Metropia - E Condos

Cresford Development Corp. - CASA 2

120

Minto Communities Inc. - West Side

Cresford Development Corp. - CASA III

IBC

Minto Communities Inc. - Yorkville Park

Cresford Development Corp. - Merton Yonge Condominiums

120

Mobile App - Promo

Cresford Development Corp. - VOX

120

Daniels Corp. - The Bartholomew Downtown East

Diam Developments - On The Danforth

Digital Device - Promo

Eden Shaw - Chaz Yorkville Condos

ELAD Canada - Emerald City Condominiums

Empire Communities - Senses Condominiums

6-7

Family of magazines - Promo

116

17 & 107

Monarch Corporation - Lago

Insert

Monarch Corporation - Picasso on Richmond

Insert

Monarch Corporation - Riva del Lago

Insert

Monarch Corporation - Waterscapes

Insert

Pemberton Group - Citylights on Broadway

Pemberton Group - TEN93 Queen West

Pianosi Developments - Perspective Condos

Fieldgate Homes - Zigg St.Clair West

Pinnacle International - The Pinnacle on Adelaide

Fram Building Group - SOUL

Plaza - Corporate

Freed - Art Shoppe Condos

Queenscorp Residences - Watermark

Ghods Builders Inc. - 5959 Yonge Street

Rio Can - E Condos

Great Gulf - Brocton Commons

Rockport Group - The Nest

GTA Home + Reno Show - Promo

Shiu Pong Development Ltd. - Design Haus

Solotex - Upper Beach Townes

Streetcar Development - The Southwood

The Daniels Corporation - Daniels Erin Mills

The Daniels Corporation - High Park Condominiums

The Daniels Corporation - One Park Place South Tower

Guizzetti Developments - Grand Palace

103

Lamb Development Corp. - East Fiftyfive

Lamb Development Corp. - The Harlowe

Lanterra Developments - Riverhouse at the Old Mill

Lanterra Developments - Teahouse

Liberty Development Corp. - Centro Square Condos 2

Liberty Development Corp. - Legacy Park

Liberty Development Corp. - Royal Gardens

Urban Capital - RC3

Liberty Development Corp. - Terrace on Danforth

Urban Capital - The Ravine

Liberty Development Corp. - World on Yonge

Your First Home & Condo - Promo

Tridel Corporation - Avani 2 At Metrogate

IFC & BC

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YORKVILLE | UNDER CONSTRUCTION PENTHOUSES COMING SOON MOVE IN WINTER 2015 / SPRING 2016 SUITES FROM THE MID $300’S 416.486.CASA (2272) CASA2CONDOMINIUMS.COM

YONGE & WELLESLEY PENTHOUSES COMING SOON FURNISHED WITH DIESEL LIVING 416.485.3000 VOXCONDOMINIUMS.COM

YONGE & MERTON MOVE IN NOW SUITES FROM THE MID $400’S TOWNS FROM THE LOW $600’S PENTHOUSES FROM THE $800’S 416.484.1900 MYCCONDO.COM

ACTUAL PHOTOGRAPHY OF HERMÈS-FURNISHED MODEL SUITE. EVELYNE SUITE 493 SQ.FT.

NOW UNDER CONSTRUCTION

LUXURY PENTHOUSES COMING SOON TO YORKVILLE’S MOST FASHIONABLE ADDRESS! SUITES FROM THE HIGH $300’S 416.486.CASA (2272) CASACONDOMINIUM.COM

PRESENTATION GALLERY: 170 MERTON ST. BROKERS PROTECTED. ILLUSTRATIONS ARE ARTIST’S CONCEPT. PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. E. & O.E.

COMING SOON TO KENNEDY AND HWY 401 IN SCARBOROUGH.

Illustrations are artist’s concept only. Tridel®, Tridel Built for Life® are registered trademarks of Tridel and used under license. ©Tridel 2015. All rights reserved. E.&O.E. January 2015. *Price and specifications subject to change without notice.

Starting from the low $200,000â&#x20AC;&#x2122;s* Register now at tridel.com 416-293-5535

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COMING SOON TO KENNEDY AND HWY 401 IN SCARBOROUGH. The newest addition to our landmark Metrogate community, Avani 2 offers design-inspired living in every luxurious 1 or 2 bedroom suite, many with den options. Indulge your taste for sleek modernity and elevated sophistication, where virtually anything you could want is just moments away.

Starting from the low $200,000’s* Register now at tridel.com 416-293-5535

A Tridel Built Green. Built for Life.® community. Illustrations are artist’s concept only. Tridel®, Tridel Built for Life®, Tridel Built Green. Built for Life.® are registered trademarks of Tridel and used under license. ©Tridel 2015. All rights reserved. E.&O.E. January 2015. *Price and specifications subject to change without notice.

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