GTA New Condo Guide - May 4, 2013

May 4 - 18, 2013 Volume 17 Issue 09

econdos.ca

5% DEPOSIT

*

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See Pages 20 & 21 for our cover story.

INSIDE THIS ISSUE

THREE REASONS TO INVEST IN A CONDO

TIPS TO BECOME MORTGAGE-FREE SOONER

RETHINKING THE CONDO BALCONY

Discover our smartly designed cosmopolitan tower suites

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editor’s note

the big decision Extra research pays off

Susan Legge

Editor-in-chief

Wall2Wall Media Susan.Legge@wall2wallmedia.com Follow me on Twitter at Twitter.com/SusanLegge Like us on facebook search: Condo Guide

You’ve agreed that a new condo is the way to go and you’re making headway, but you still have another big decision to make – choosing your builder.

It pays to check the reputation of the builder/developer before you sign on the dotted line. You can start by finding out how long the company has been in business by asking the sales representative or visiting the company’s website.

Find out if previous purchasers are happy with their homes. Visit an existing community built by the company and talk to anyone you run into anyone during your tour.

Naturally, you should spend some time visiting several different sales

offices. Get a feel for each company and the staff employed there. Ask a lot of questions and expect to be treated with consideration and respect.

No question is too “dumb.”

Think twice about any development where the salespeople push you to make a decision you’re not ready for, or where they are not happy to provide you with the information you request. There are certainly many other builders and salespeople out there who pride themselves on putting the customer first.

When you do find the right home and the right company, making that big decision will be a whole lot easier and enjoyable.

being prepared

More important than ever

Wayne Karl

Editor

Wall2Wall Media wayne.karl@wall2wallmedia.com Follow me on Twitter at Twitter.com/WayneKarl

002 new Condo Guide may 4 - 18, 2013

The moment you decide to buy a new condo is an important one – from getting your finances in order, to learning about mortgages, to researching builders and to getting out there to look at potential communities. Indeed, the excitement grows at every step.

Buying a home can also be an emotional experience. There will be condos you fall in love with, communities you really want to live in and neighbours you can envision befriending.

As exciting as all of this is, it’s also important to not let your emotions get carried away – to buy more with your

heart than your head. This is why you should take your time, do your research and conduct due diligence on every development, builder and condo you consider.

This issue of New Condo Guide, like all editions we put together, contains a variety of content to guide you through this process.

Our goal is to help identify subjects, neighbourhoods, communities, projects and builders for you to consider – in short, to help you prepare.

With this knowledge, and your own enthusiasm, you’re well on your way!

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may 4 - 18, 2013 new Condo Guide 003

new condo guide

contributors

Vice-President, Wall2Wall Media

Jacqueline Hill Sales Manager

Conni Robinson Associate Publisher, SWO New Homes & Lifestyle Communities

Susan Maxwell Editor-in-Chief, National Real Estate

Susan Legge Art Director

Sarah Jang Editor

Wayne Karl Lydia McNutt (on leave) BILD Report

Legally Speaking

style file

Bryan Tuckey

Jayson Schwarz

Yanic Simard

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

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

Yanic Simard is New Condo Guide’s design editor and the principal designer of the Toronto Interior Design Group, specializing in residential and commercial projects. Simard has created designs for clients in Toronto, Montreal and Miami, and appears as a regular guest expert on Citytv’s CityLine.

Visit tidg.ca

Contributing Editors

Sara Duck Elisa Krovblit Design Editor

Yanic Simard Senior Account Executive

Dionne Fraser

dionne.fraser@wall2wallmedia.com

Senior Account Executive

Nina Downs

nina.downs@wall2wallmedia.com

Sales & Marketing Co-Ordinator

Terry Bassett Administrative Assistant

Antoinette Jackson Production Manager

Bala Gnanapandithan Production Co-Ordinator

Sandra Hanak-Vujnovic Graphic Designers

Caroline Wassef, Sandra Hanak-Vujnovic National Account Manager, Mediative

Calum Ross

Condo pro

Barbara Lawlor

Paul Slizys

Calum Ross is senior vice-president and practicing mortgage agent with The Mortgage Centre. He has appeared on Canada AM, Investment Television, BNN and Citytv. He holds an MBA in finance and is an accredited mortgage professional. He can be reached at 416.410.9905.

Barbara Lawlor is president of Baker Real Estate Inc., and an in-demand columnist and speaker. A member of the Baker team since 1993, Barbara oversees the marketing and sale of condominium developments in the GTA and overseas.

Published By

on the move

Mortgage Finesse

Dan Hopkins is chief operating officer at Two Men and a Truck Canada.

For more information visit twomenandatruck.ca

Dan Hopkins

Wall2Wall Media is a Trademark of Yellow Pages Group Co. In Canada.

#500-401 The West Mall Etobicoke, On M9c 5j5 T 416.626.4200 F 416.784.5867

Call 416.626.4200 for ­advertising rates and information.

Circulation Free distribution in select high-traffic street boxes, stores, banks, financial institutions and select condominium sales offices.

Copyright 2013 All rights reserved by Wall2Wall Media.

Reproduction in any form is prohibited. Contents of this publication are covered by copyright and offenders will be prosecuted under the law.

Terms Advertisers, editorial content and new condo guide are not responsible for typographical errors, mistakes or ­misprints. All prices are correct as of press time and are subject to change without notice. E. & O. E. Editorial submissions from interested parties will be considered. Email to susan.legge@wall2wallmedia.com.

The views and data expressed by columnists do not necessarily represent those of the publication.

Advertising

money matters

Taxing Issues

quick tips

Gail Vaz-Oxlade is the host of Til Debt Do Us Part, author of Debt Free Forever and blogs daily at gailvazoxlade.com.

Follow Gail on Twitter at twitter.com/GailVazOxlade

Henry Choo Chong is a certified general accountant. Henry sits on many committees and provides accounting and tax advice to individuals and businesses in the GTA. Email your tax questions to Taxing Issues at choochonghcga@yahoo.ca

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

Contact Hellen at 905.829.2219 or info@WeOrganizeU.com

Gail Vaz-Oxlade

004 new Condo Guide may 4 - 18, 2013

Henry Choo Chong

Hellen Buttigieg

Please recycle this magazine! Wall2Wall Media participates in the Partners in Growth Reforestation Program through St. Joseph Communications. To date, Partners in Growth has planted over 2.5 million trees in parks, recreation and conservation areas, and other public spaces across Canada.

Established in 1990, this program was started with Scouts Canada to help replenish the environment.

005

006 new Condo Guide may 4 - 18, 2013

may 4 - 18, 2013 new Condo Guide 007

COMING SOON CONDO LIVING WITH A DOWNTOWN VIBE INTRODUCING MISSISSAUGA’S EXCITING NEW MASTER PLANNED URBAN COMMUNITY, JUST STEPS TO THE VIBRANT ERIN MILLS TOWN CENTRE WITH OVER 180 SHOPS, DINING AND SERVICES. LIVE NEAR EXISTING PARKS, TRAILS, PUBLIC TRANSIT AND SCHOOLS. DOWNTOWN ERIN MILLS OFFERS A FINE COLLECTION OF URBAN CONDOMINIUM DESIGNS AND INSPIRED AMENITIES. SUITES FROM THE MID $200’s

REGISTER NOW DOWNTOWNERINMILLS.COM Exclusive Listing Brokerage Circle M Realty Corporation. Prices and specifications are subject to change without notice. Illustration is artist’s concept E.&O.E.

008 new Condo Guide may 4 - 18, 2013

COMING SOON TO RICHMOND HILL

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REGISTER AT SKYCITYCONDOS.COM OR CALL 905.709.5700 Exclusive Listing Brokerage Circle M Realty Corporation, Brokerage. Prices and specifications are subject to change without notice. Illustration is artist’s concept E.&O.E.

may 4 - 18, 2013 new Condo Guide 009

bild report

// By bryan tuckey

lending our expertise to key influencers

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

O

ver the last six months, I’ve made it a priority to meet with key influencers such as chief economists at major banks and members of the media to try and shed some light on the complexities of the new homes industry in the GTA.

As the voice of the land development, home building and professional renovation industry, I believe it’s our Association’s job to lend our expertise and to provide an on-the-ground view of how high level decision-making affects what is being built in your community.

The process of building well-designed, well-planned complete communities is complicated and our members are experts in execution. In my meetings with these influencers, it has been important for me to explain that everything from land use policy to financial policy to media coverage of our industry can affect the approval of a project, the financing of a project, as well as the marketing and selling of new homes across the GTA. For our industry, the reality is that up to 100,000 new people are expected to come to the GTA every year for the next 20 years and we will have to plan and construct about 40,000 new homes and employment space for 50,000 new jobs to meet the demand.

Provincial land use policy has constrained land supply, so we’ve seen a shift in the available housing type from lowrise to highrise and a shift in the growth of the suburbs to a housing boom in the downtown core.

Outdated planning documents, like local zoning bylaws, lead to lengthy approval processes and already it can take up to 10 years for a lowrise community to be approved and built. For a highrise community, it can take up to three years for approval and then another five years to build.

Changes to financial policies, like the changes made to mortgage rules last summer, not only effected affordability and new homebuyers’ ability to get into the market but it had a ripple effect on consumer confidence.

Consumers can be confident about buying a new home in the GTA and it’s important that the industry continues to share our expertise and knowledge so that those with influence are armed with the best information.

Media coverage of our industry is important because it helps to inform consumers, but because of the complexity of our industry, some key points can be confused or missed entirely.

Consumers can be confident about buying a new home in the GTA and it’s important that the industry continues to share our expertise and knowledge so that those with influence are armed with the best information.

010 new Condo Guide may 4 - 18, 2013

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011

table of contents

May 4 to 18, 2013 volume 17 issue 09

20

E condos

unveils five per cent deposit incentive for buyers looking to live at Yonge and Eglinton 76

columns, news & features 002 Editor’s note Columnists

010 bild report Builders lend expertise to key influencers by bryan tuckey

014 investor advice Three good reasons to invest in a new condo by andrew la fleur

016 fundamentally speaking Take a long-term view of your new-home purchase by wayne karl

018 legally speaking When do you need a lawyer and what does it cost?

048 Make Your Move Do your research and choose your mover wisely

030 mortgage finesse How to be mortgage-free sooner than you think

056 taxing issues Building equity

by jayson schwarz

by calum ross

032 quick tips If you don’t use it, it’s time to lose it

by hellen buttigieg

033 market research New-home sales surge in all regions by lloyd martin & mark jin

by dan hopkins

by henry choo chong

070 Condo pro Advice for first-time homebuyers – ask!

by barbara lawlor

076 style file Boutique living – yes Sur-rey by yanic simard

134 Money matters Want to get out of debt? by gail vaz-oxlade

140 scrumpdillyicious Lobster Newburg

by Leslie styles

In The News

026 crea Canadian home sales rise in March 028 mortgage rates Bank of Canada continues to hold interest rates 040 concord adex celebrates the launch of Opus with Customer Appreciation Party 044 td canada trust Tips on how to borrow smartly

046 Tarion studying warranty program for condo conversions 052 tridel Tridel receives Tarion Award of Excellence 058 pemberton group 1093 Queen St. W. condo site of Civil Debates 2

42

066 bmo Most buyers unwilling to go above asking price

condo profiles

074 education Ontario secondary schools score ranking improvement

42

086 skyline Skyline completes acquisition at Blue Mountain 128 pianosi Pianosi Development Group breaks ground at Perspective in Etobicoke

The daniels corporation

64

136 gairloch Gairloch Developments celebrates launch of 383 Sorauren

64

north drive investments

The High Park unites greenspace and cosmopolitan living

Features

090 feature Rethinking the condo balcony Homebuyers’ Help

84

050 purchasing points Pre-delivery inspection an important step

Pemberton Group

SkyCity 2 Register now for SkyCity2 in Richmond Hill

by elisa krovblit

100

Grand Palace A reigning residence illuminates the Richmond Hill skyline

by Sara duck

112

116 condo watch 416 Previews, new releases and grand openings in the 416 area

142 style file Deco delight

by Sara duck

145 Condo Buyers’ Resource Section You love the home, see what you can afford 150 Index of advertisers

106

guizzetti corp.

104 the scoop Décor news, inspiration, style and more

132 decorating tips Start fresh this spring with renewed home décor

city core developments

100

082 trendspotting Bedroom bouquet

094 condo watch 905 Previews, new releases and grand openings in the 905 area

84

Harmony Village Harmonizing the real estate gap, Harmony Village set to open

060 finances Can you financially plan your way to happiness?

088 smart shopper Exclusive discounts and deals for our readers

Cinema Tower Sizzling new rent-to-own program your ticket to homeownership

catalia Development group

106 112

Summer Palace in Richmond Hill – there the world revolves around you

investor advice

Three good reasons

// by andrew la fleur

to invest in a new condo planning to launch at when the market was stronger. Still, the best projects in the best locations continue to sell and sell quickly, so investors still need to stay on top of the market and read every issue of New Condo Guide!

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. Check out his blog at truecondos.com

T

he headlines have been telling us the sky is falling. The condo market is going to crash and the party is over for condo investors.

However the reality is many condo investors are generating stronger returns than ever in the condo market. So why should you buy a new condo for investment in 2013? Here are three reasons: 1) The market is slower Seasoned investors know that the best time to buy real estate is not when there are lineups down the street, but rather when the headlines are telling you not to buy! The new condo market has slowed down considerably from the record highs of 2012 and 2011, but this means that there are plenty of great opportunities if you know where to find them. Developers are once again negotiating with buyers and many new projects now launching today are being priced five to 10 per cent less than what they were originally 014 new Condo Guide may 4 - 18, 2013

2) The rental market is strong While condo sales have come down from their highs to a level more in line with historical norms, the rental market for condos is stronger than ever. Data from the Toronto Real Estate Board continues to show that the number of condos being rented out is increasing and the rental rates are increasing too.

So, while the number of sales of condos is down, the number of rentals is up – meaning there remains a very strong demand for people to live in the city and rental prices are likely to continue to rise. Add to this that there is virtually zero purpose-built rental apartments being constructed in Toronto means that the future is very bright for investors who buy today and plan to hold as long term rentals.

3) Leverage One thing that has not changed in pre-construction condo investing is the concept of leverage. Buying pre-construction allows you to leverage your money against an asset for typically three to five years without having to be a landlord. Prices in the new condo market have risen on average about eight per cent per year for several years. Even if prices were to rise at only half that rate, say four per cent per year on average, a typical condo bought today will be worth significantly more in three to five years when complete.Â

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And filled with fresh amenities! Already under construction, NY2 is just steps to the subway and minutes to shopping, dining and theatre.

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Exclusive Listing: CityLife Realty Ltd, Brokerage. Brokers Protected. *Daniels’ Rent-To-Own Program is only available on a select number of suites. Prices, specifications and programs are subject to change without notice. Illustrations are artist concept. E. & O.E. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without written permission of The Daniels Corporation, is strictly prohibited.

may 4 - 18, 2013 new Condo Guide 015

fundamentally speaking

// by wayne karl

Long-term view of produces a brighter your new-home buy picture How to make sense of it all?

Wayne Karl is an award-winning writer and editor with experience in real estate and business. In Fundamentally Speaking, Wayne explores the basics – such as economic fundamentals – you need to examine when buying property. He can be reached at wayne. karl@wall2wallmedia.com or follow him on Twitter at Twitter.com/WayneKarl

I

t’s early spring, warmer weather is here and summer approaches. It’s annual meeting time for much of corporate Canada, the economy is expected to gather momentum through the second half of the year and the real estate market is entering its busy season. Various housing agencies, realty firms, major banks and other stakeholders continue to release reports of months passed and forecasts for those about to unfold.

Meanwhile, there’s interest rates and prices of consumer goods to monitor, with the Bank of Canada recently once again holding its influential overnight lending rate at one per cent. There are now even reports that the BoC may not raise rates until 2015.

016 new Condo Guide may 4 - 18, 2013

Welcome to the first steps of becoming a homebuyer. Long before you visit your banker or start attending grand openings, model previews or VIP events, experts say you should undertake a thorough self-education process that involves learning the basics of mortgages, reviewing your personal finances and researching your prospective home market. It’s time well spent, for all of this due diligence will prepare you for one of the most important steps you’ll ever take, and will help you make the necessary decisions from an informed and confident point of view.

Managing this process also includes keeping abreast of financial news, as well as any developments in your job security and credit-worthiness, and in the neighbourhood you’re considering buying in.

Remember, when you buy a home or condo, you don’t buy a national market. You don’t even buy a provincial, regional or even metropolitan one.

You buy one property on one street in a particular area of a city or town. What happens in one neighbourhood may be completely different from what’s going on in another in the same city, or from one street to the next, and certainly from building to building. What’s challenging to one market might be a cause for growth in another.

That’s why it’s important to not be overly concerned or excited by national trends and averages – be they positive or negative, disconcerting or glowing, about employment, home prices, housing starts or other important factors. Yes, pay attention to them all and file them as part of your research, but it’s more relevant to watch local developments that truly affect you and your market.

Experts suggest you take a long-term view – five to seven years – of your home-buying decision. This will likely produce a brighter and more stable picture than anything caused by short-term vacillations.

It’s never been a better time to buy a Monarch home. Enjoy incredible buyer incentives at all of our communities and make your dreams of a new home come true today.

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MONARCHGROUP.NET Prices, specifi cations and promotions are subject to change without notice. Renderings are artist’s concept and images are for mood and impression only. *Extras noted above are as per plan and as specifi ed by Vendor. Some restrictions may apply. E.&O.E. May 2013. 21176

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A GREAT SELECTION OF SUITES STILL AVAILABLE! DOWNTOWN TORONTO FROM THE $280,000’s NOW UNDER CONSTRUCTION

Queen St.

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MONARCHGROUP.NET Prices, specifi cations and promotions are subject to change without notice. Renderings are artist’s concept and images are for mood and impression only. *Extras noted above are as per plan and as specifi ed by Vendor. Some restrictions may apply. E.&O.E. May 2013.

Bronte Rd.

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It’s never been a better time to buy a Monarch home. Enjoy incredible buyer incentives at all of our communities and make your dreams of a new home come true today.

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MONARCHGROUP.NET Prices, specifi cations and promotions are subject to change without notice. Renderings are artist’s concept and images are for mood and impression only. *Extras noted above are as per plan and as specifi ed by Vendor. Some restrictions may apply. E.&O.E. May 2013. 21176.

10K OFF AND 10% DOWN* FOR A LIMITED TIME AT YONGE AND BLOOR Own a home in the sky, and live at the most desirable address in Toronto. With the most inspiring architecture, lavish interiors, and indulgent amenities, One Bloor is quickly becoming the most talked about condominium development in Canada.

NOW UNDER CONSTRUCTION

Exclusive Listing: Baker Real Estate Incorporated, Brokerage. Brokers protected. *Offer available only on select suites. Limited time offer, subject to change or withdrawal without notice. Please see sales rep for full details. may 4 - 18, 2013 new Condo Guide 017

legally speaking

// by jayson Schwarz

what when do you &does it need a lawyer cost?

L

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.

018 new Condo Guide may 4 - 18, 2013

ately I have had a large number of homebuyers come to me after conditional periods in an offer have expired. When I ask why they waited, I get one of two standard responses: “I didn’t think I needed a lawyer until it was time to close,” and “The sales agent told me I didn’t need a lawyer until it was time to close.” Wrong on both counts – get a lawyer early!

A lawyer must advise you at the time you make your offer, and it is critical that you see a lawyer before your deal is firm. It is important that your lawyer explains all the costs you will face and the potential changes and delays you may encounter. Insist on this and if you don’t get what you want or need, see another lawyer. Lawyers are service providers, just like anyone else, and, as the customer you should get the necessary information to make an educated decision. There is a clothing retail chain that I remember in Florida that has a slogan which sounds sort of like, “An educated consumer is our greatest asset.” This holds true for much of life and seeing as a home is one of the most important purchases you will ever make, it’s your job to become an educated consumer.

Okay, what about that lawyer? First of all, you are going to pay the fee, whatever the amount the two of you agreed to. You did of course have a pre-agreed fee, didn’t you? Then there is a list of disbursements.

Disbursements are those monies expended by your lawyer on your behalf which are necessary to properly search and seal the deal. Be careful, it is here that someone may try to take advantage by charging large fax, mail and photocopy fees. Make your lawyer justify all expenditures that don’t make sense.

What about disbursements; what can you expect? These are generally between $450 and $650, which include such things as electronic searches, registration, execution searches, title insurance, cheque certification, status certificates for condos and more. Don’t forget about the applicable taxes.

Generally speaking, your first meeting with your lawyer should be free until the time you retain the lawyer. Retain? What that simply means is “hire” the lawyer. Make sure the retainer agreement is in writing and that it sets out all of the services the lawyer is going to perform and what the lawyer’s and staff’s hourly rates may be if they perform services in excess of those included in your “package price.”

Make sure you get a disbursement list with suggested maximums so that you have something to work from in your budgeting.

When you retain your lawyer, you want the same certainty you would get in any contract.

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416.243.8688 may 4 - 18, 2013 new Condo Guide 019

cover story

E Condos

unveils five per cent deposit incentive

for buyers looking to live at Yonge and Eglinton

Many people want to live in a landmark building and lots of people want to reside in an iconic neighbourhood, but few will ever get both... unless they live at E Condos, at the corner of Yonge and Eglinton.

And while the opportunity to live in one of Toronto’s most distinctive new condo towers, in the heart of city’s most desirable neighbourhoods, is a compelling reason for people to buy at E Condos, developers Bazis, Metropia and RioCan have found yet another reason; a limited time offer, specially designed for E Condos, to buy a suite with just a five per cent deposit for 48 months.

“The special offer will allow even more people the opportunity to purchase in this stunning project in a premier neighbourhood,” says Veronika Belovich, director of sales and marketing for Bazis Inc., a prominent Canadian real estate developer that has partnered with Metropia and RioCan on E Condos.

“Typically, condo buyers have to have put 20 per cent down within 12 to 18 months of signing a sales agreement,” adds Belovich. “This offer, however, will allow qualified purchasers access to a special deposit bond from Guarantee Company of North America, giving them four years to save for the balance of the down payment.”

E Condos distinctive five per cent deposit program is in keeping with the

Among E’s most amazing features, the 31st floor boasts a swimming pool, sauna, change rooms, bar and seating area cantilevered over the street below and distinguished within a red glass frame which juts out from the building’s façade, providing unsurpassed views of the city below.

020 new Condo Guide may 4 - 18, 2013

condominium’s signature design and iconic location.

Clad in spectacular black, white and grey glass, E’s residential towers will rise 38 and 64 storeys, punctuated by bold red cantilevered stripe at the 31st floor, with a public piazza at ground level, bringing a world-class sensibility to this favoured midtown neighbourhood.

As E Condos will have direct access to the Yonge subway and the Eglinton LRT, it requires TTC and Metrolinx approvals as well as municipal approvals. Tenders will go out this summer with construction expected to commence late fall/early winter. Occupancy is slated for 2017.

Designed by the award-winning architect Rosario Varacalli, and featuring the elegant and contemporary styling of designer Mike Niven, E Condos blends modern luxury with timeless elegance.

A dynamic amenity program will occupy the fourth and 31st floors, and will include gourmet kitchens and party rooms, party lounges, technology lounges, exquisite outdoor terraces with barbecues, dining area, sunbathing beds, bar and

lounge areas. The state-of-the-art fitness areas will include weights, cardio, yoga and boxing studios.

Among E’s most amazing features, the 31st floor boasts a swimming pool, sauna, change rooms, bar and seating area cantilevered over the street below and distinguished within a red glass frame which juts out from the building’s façade, providing unsurpassed views of the city below.

The suites at E Condos offer a sense of spaciousness thanks to the designs airy nine-ft. ceiling heights and generous windows and balconies. The contemporary kitchens boast custom-designed cabinetry in a range of materials and colours, Euro-style appliances, quarter countertops and ultrafashionable backsplashes.

Purchasers are be able to choose from one bedroom, one-bedroom with den, two-bedroom and two-bedroom plus den plans, some with terraces, from 465 to 1,240 sq. ft., priced from the low $300,000s.

“It’s an affordable way to become part of one of Toronto’s best

neighbourhoods,” says Veronika Belovich. “Residents will be in the midst of a flourishing neighbourhood populated with bustling cafes and restaurants, chic retail shops and modern movie theatres – and will be able to access many of these amenities without having to go outdoors, thanks to the condominium’s planned underground connections.”

And while the area just outside its front doors offers a mix of the city’s best shopping, dining and entertainment options, E’s direct access to both the TTC’s Yonge subway line and the planned Eglinton Crosstown LRT puts everything the city has to offer – from the lake to the 905, and from Mississauga to Scarborough – within easy reach.

To learn more about E Condos and the lifestyle that only Yonge and Eglinton offers, visit the Presentation Office at 2300 Yonge St. in the office lobby. It’s open Monday to Thursday from noon to 6 p.m., Saturday and Sunday from noon to 5 p.m. and is closed Fridays, call 416.243.8688, or go to econdos.ca

may 4 - 18, 2013 new Condo Guide 021

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Offer subject to change or withdrawal without notice. Please see sales representative for details. E.&.O.E. Illustrations and renderings are artist concept only. March 2013.

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Illustrations are artist’s impression. Prices, sizes and specifications subject to change without notice. E.&O.E. Exclusive Listing: Baker Real Estate Incorporated, Brokerage, Brokers protected.

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Prices and specifications are subject to change without notice. Illustration is artist concept. E. & O.E.

may 4 - 18, 2013 new Condo Guide 025

in the news

Canadian home sales rise in March The latest statistics from by the Canadian Real Estate Association (CREA) indicate that national home sales edged upward on a month-over-month basis in March 2013, but stayed below levels recorded one year ago.

The number of home sales processed through the MLS Systems of real estate Boards and Associations and other co-operative listing systems in Canada rose 2.4 per cent on a month-over-month basis in March 2013.

Home sales improved in more than half of all local markets from February to March, led by gains in Greater Vancouver, Fraser Valley, Calgary, Greater Toronto, Montreal, Saskatoon, Hamilton-Burlington and Kitchener-Waterloo.

“National sales have been holding fairly stable since last summer,” says CREA President Laura Leyser. “We’ll be watching closely as the spring market picks up to see whether the March sales increase marks the beginning of an improving trend. In the meantime, it’s important to remember that local market conditions often can and do differ from what’s reported at the national level, so buyers and sellers really should speak to their realtor to understand how the housing market is shaping up where they live or might like to.”

“Analysis will likely continue to focus on how sales remain down from last year, but this shouldn’t come as a surprise given that mortgage regulations and lending guidelines at that time were yet to be tightened,” says Klump.

Sales in March were constrained by the Easter holiday and an extra full weekend at the end of the month, the latter of which is known as a “trading day effect,” and both of which generally result in sales being held back. Seasonal adjustment strips out normal seasonal fluctuations and trading day effects that otherwise affect the data. It puts data on an equal footing so that data for any two months can be meaningfully compared to each other and to underlying economic fundamentals.

Says Gregory Klump, CREA’s chief economist: “Activity in the months ahead will reveal whether the monthly

026 new Condo Guide may 4 - 18, 2013

improvement in seasonally adjusted March sales reflects technical seasonal adjustment factors or a fundamental improvement in demand.”

Actual (not seasonally adjusted) activity came in 15.3 per cent below levels reported in March 2012, compared to a year-over-year decline in February sales of 15.9 per cent. Although transactions remained down from year ago levels in more than 90 per cent of all local markets, the gap diminished in a number of large urban markets including Greater Vancouver, Calgary, Regina, Saskatoon, Montreal, and Quebec City. As was the case in February, Edmonton was the only large urban market in which monthly sales surpassed yearago levels.

The actual (not seasonally adjusted) national average price for homes sold in March 2013 was $378,532, representing an increase of 2.5 per cent from the same month last year.

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may 4 - 18, 2013 new Condo Guide 025

in the news

Bank of Canada

continues to hold interest rates The Bank of Canada recently once again announced

that it is maintaining its target for the overnight rate at one per cent. The Bank Rate is correspondingly 1.25 per cent and the deposit rate is 0.75 per cent.

Global economic growth has evolved broadly as anticipated in the Bank’s January Monetary Policy Report (MPR). In the United States, the economic expansion is continuing at a modest pace, with gradually strengthening private demand partly offset by accelerated fiscal consolidation. Significant policy stimulus has been introduced in Japan. Europe, in contrast, remains in recession, with economic activity constrained by fiscal austerity, low confidence and tight credit conditions. After picking up to very strong rates in the second half of 2012, growth in China has eased.

Commodity prices received by Canadian producers remain elevated by historical standards and, overall, they are little changed since the January MPR. The Bank expects global economic activity to grow modestly in 2013 before strengthening over the following two years.

On a quarterly basis, growth in Canada is expected to pick up to about 2.5 per cent in the second half of this year. Despite this expected pickup, with the weak growth in the second half of 2012, annual average growth is now projected to be 1.5 per cent in 2013.

Following a weak second half of 2012, growth in Canada is projected to regain some momentum through 2013 as net exports pick up and business investment returns to more solid growth. Consumer spending is expected to grow at a moderate pace over the projection horizon, while residential investment declines further from historically high levels. Growth in total household credit has slowed and the Bank continues to expect that the household debt-to-income 028 new Condo Guide may 4 - 18, 2013

ratio will stabilize near current levels. Despite the projected recovery in exports, they are likely to remain below their pre-recession peak until the second half of 2014 owing to restrained foreign demand and ongoing competitiveness challenges, including the persistent strength of the Canadian dollar.

On a quarterly basis, growth in Canada is expected to pick up to about 2.5 per cent in the second half of this year. Despite this expected pickup, with the weak growth in the second half of 2012, annual average growth is now projected to be 1.5 per cent in 2013.

The economy is then projected to grow by 2.8 per cent in 2014 and 2.7 per cent in 2015, reaching full capacity in mid-2015 – later than anticipated in the January MPR. Total CPI and core inflation have remained low in recent months, broadly in line with expectations in the January MPR. Muted core inflation reflects material excess supply in the economy, heightened competitive pressures in the retail sector, and some special factors such as slower increases in regulated prices and the pass-through of previous declines in agricultural prices to consumer prices. Total CPI inflation has been restrained by low core inflation and declining mortgage interest costs, with some offset from higher gasoline prices.

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Mon.-Thurs.: 12pm - 6pm Sat., Sun. & Holidays: 12pm - 5pm Fri.: Closed Exclusive Listing: CityLife Realty Ltd. Brokerage. Brokers Protected. Illustrations are artists concepts. Prices, programs and specifications are subject to change without notice.

E. & O. E. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without prior written permission of The Daniels Corporation, is strictly prohibited. *Conditions apply. See Sales Representatives for full details.

mortgage finesse

How to be

// by Calum Ross

mortgage-free sooner than you think 2 Use accelerated weekly or bi-weekly payments. Accelerated

Calum Ross is senior vice-president and practicing mortgage agent with The Mortgage Centre. He has appeared on Canada AM, Investment Television, BNN and Citytv. He holds an MBA in finance and is an accredited mortgage professional. He can be reached at 416.410.9905.

I

weekly payments are equivalent to one-quarter of your monthly payment. Accelerated bi-weekly payments are equivalent to half your monthly payment. Both of these methods enable you to make one extra monthly payment a year.

The impact of this alone reduces your amortization from 25 to less than 21 years.

3 Give your mortgage the same raise that you get each year. If

your income goes up 10 per cent, so should your mortgage payment. This extra increase in payment will go directly towards principal repayment.

am increasingly faced with clients who are intent on retiring their mortgage as quickly as possible.

While most mortgages today are amortized over 25 years, below are the tips that I give my clients who want to be mortgage-free as quickly as possible. If you follow all the suggestions below, your mortgage will be gone quicker than you think.

4 Give your mortgage a portion of any bonus or extra income.

1 Never get an open mortgage at a fixed rate unless you plan on paying it off within its term.

Since you know you can afford to pay at this level, don’t decrease your payment when you negotiate a lower rate. The difference in payments between your new rate and the old rate will go directly to the principal.

Today’s closed mortgages generally offer 10 to 20 per cent prepayment privileges, and can usually be obtained at one per cent or more off the posted rate. Open mortgages at fixed rates carry higher interest. Why pay higher interest unless you are going to exceed this 10- to 20-percent prepayment? You can always make bigger lump sum payments at renewal time with no penalty.

030 new Condo Guide may 4 - 18, 2013

If you spend 30 per cent of your income on your mortgage, then 30 per cent of any extra income should also go to your mortgage in the form of a prepayment. This bonus portion will go straight towards principal repayment.

5 Keep your payments the same, even if you renew at a lower rate.

6 Use your income tax return to put a lump sum payment towards your mortgage. This is extra money

that is not used in your monthly budget. Don’t indulge – make it really benefit you.

7 Use extra money from your budget. Most financially sound

people have a budget that they live by.

If you have a little bit extra then apply it to your mortgage. Minimum prepayments can be as little as $100.

8 Round up your mortgage payments. Why not round off that

$656 bi-weekly to $660, or $675? You will be amazed at the difference.

9 Consider a variable rate mortgage. While the fluctuation

will keep some people awake at night, those who can endure the rate adjustments can save money. Some variable rate, or adjustable rate mortgages are up to 0.5 per cent below prime.

10 Seek independent financial advice. While some bankers do

look out for your best interest, they work for the bank, not you. Their branch, organization and shareholders all have a financial interest in lending at higher rates, and it is in their best interest for you to keep your mortgage for a long time. Talk to your financial planner, mortgage consultant, or talk to a financially savvy friend.

I know that these steps take discipline and dedication, but the old adage still holds true – a penny saved is a penny earned. The one thing that most financially successful people have in common is discipline. It might not feel fulfilling now, but believe me when I say that this short-term sacrifice will result in long-term gain. Just think of what you can buy when your mortgage is all gone.

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may 4 - 18, 2013 new Condo Guide 031

quick tips

If you don’t use it,

Hellen Buttigieg is a certified professional organizer, life coach, TV host, owner of We Organize U and author of the best-seller, Organizing Outside The Box. For tips on organizing your home, your office and your life, visit WeOrganizeU. com and sign up for the free newsletter.

T

here are many charities that will take things you no longer need so don’t hold onto items just because you have them. If they’re of no use to you it’s time they stopped taking up your space and moved on to a home where they’re needed. Hold a garage sale if you have the time. The money you earn can go towards new purchases once you’ve carved out some space.

Get a jump-start on de-cluttering

Books collecting dust? Although I keep a collection of books that I often re-read or refer back to, I make it a habit to use the one-in/ one-out rule. I love books and my house would be overrun with them if I didn’t begin this habit a long time ago. Any time I’m tempted to buy a new book, I remind myself that if I do, I will have to let one go.

This encourages me to borrow books from the library when 032 new Condo Guide may 4 - 18, 2013

// by hellen buttigieg

it’s time to lose it possible. I often get questions about what to do with books that are no longer used and are taking up space. Donate books in good condition to your local library, hospitals or schools. There is even a great program that sends books to troops (Books for Soldiers BooksForSoldiers.com).

Toy toss Put aside time with the kids to go through their old toys and decide what they want to donate. Remind them they need to make space if they want new toys. Drive to the charity together and drop off the toys.

Remind the kids how kind and giving their gesture was and that other less fortunate children will truly appreciate their donation. It’s never too early to start teaching children this valuable practice.

Clean out the garage If your garage is cluttered, it’s a good time to tackle it. Empty out the entire garage, or work in sections (depending on the amount of clutter and the amount of time you have to clear it). Place like items together in categories: car care, tools, sporting, gardening, etc.

Create a pile for things you no longer need or want. Heavy duty shelving units and clear bins work great for storing these items within their categories. Brackets and hooks work for large items. Don’t forget to take the discarded items to the dump if they cannot be sold or donated.

Have you been putting off your garage sale? Have you been storing items for years with the intention of having a garage sale, but never get around to it? Pull out your calendar today and book a definite date to have it. Blocking the time now increases the likelihood of following through with it later. Another option is to forgo the garage sale entirely and donate these items instead.

Has your clutter expired? If you can’t quite bring yourself to let go of certain items, even though you aren’t using them, consider packing them in a box and writing a ‘best before’ date on it six months away. Put this date on your calendar as a reminder. If you don’t go into that box again before the expiry date, donate it to charity without opening it again. This provides you with a cooling-off period, making it easier to detach.

Out with the old, in with the new Is your outdated home office equipment slowing you down? Maybe it’s time to upgrade or replace it. Or, have you replaced your equipment but kept the old laptop or printer ‘just in case?’ Take back your space and give your office a fresh start by letting go of the old. Do this and I predict your productivity will increase in the years ahead!

Having trouble deciding? Clutter is the result of postponed decisions.

When you are de-cluttering, make the keep/toss/donate decisions easier by asking yourself whether the item serves a purpose or adds beauty or meaning to your life. Getting organized is not about getting rid of all your stuff, it’s about honouring what truly serves you and letting go of what’s just taking up space. If you don’t love it or use it, it’s time to lose it.

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Prices and specifications are subject to change. E.&O.E. April 2013. 17804

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market research

New-home sales

// By Lloyd Martin & Mark Jin

surge in all regions T

he market for new home lowrise sales had a substantial gain in February, achieving 1,360 sales. All five regions in Total Market Area (TMA) witnessed an increase in sales compared to the previous month.

Overall TMA sales improved by 56.7 per cent, compared to January 2013. The lowrise new home industry has established another solid base, building growth in both sales and inventory. February recorded the highest inventory level since April 2011. As affordability becomes the key to success; urban townhome are achieving a larger market share.

Lloyd Martin is principal with Trimart Corp., with 30 years in the business. His industry knowledge and professional experience lead the Trimart team to provide exceptional service and sales results. He can be reached at 905.660.7788

The 15 market leaders achieved 40.7 per cent of all February sales; also the majority of the top three leading sites in all regions had urban townhomes as part of their offerings.

Housing starts in Canada were trending at 195,087 units in February (CMHC), up from 158,998 in January. The urban starts rose by 18.4 per cent in February, led by a 27.7 per cent increase in multiple urban starts.

Provincially, Ontario had the biggest increase with seasonally adjusted annual rates for urban starts reaching 46.8 per cent.

Mark Jin is Market research manager at Trimart Research Corp.

He can be reached at 905.660.7788, ext. 224 or mark@trimart.ca

may 4 - 18, 2013 new Condo Guide 033

The 15 market leaders achieved 40.7 per cent of all February sales; also the majority of the top three leading sites in all regions had urban townhomes as part of their offerings.

Central Region Rank Site

Builder

City

Sales

1

Val

Urbancorp

Toronto

52

2

Southshore

Minto Homes

Toronto

21

3

W&E

Fernbrook Homes

Toronto

12

East Region Rank Site

Builder

City

Sales

1

Mulberry Meadows

Sundial Homes

Ajax

23

2

Somerset

Menkes

Ajax

23

3

The Towns of Nichol Green

Sundance Homes

Whitby

18

North Region Rank Site

Builder

City

Sales

1

Impressions

Paradise Homes

Kleinburg

103

2

Impressions

Fieldgate Homes

Kleinburg

72

3

Impressions

Arista Homes

Kleinburg

61

West Region Rank Site

Builder

City

Sales

1

Mount Pleasant North

Mattamy Homes

Brampton

49

2

The Preserve

Mattamy Homes

Oakville

38

3

Mount Pleasant

Great Gulf Homes

Brampton

27

GTA Region Rank Site

Builder

City

Sales

1

Wildflowers

Mattamy Homes

Kitchener

24

2

Westminister Woods

Reid’s Heritage Homes

Guelph

16

3

Torrance Creek Village

Great Gulf Homes

Guelph

5

034 new Condo Guide may 4 - 18, 2013

The new openings and releases will continue to improve availability over the coming months, with more than 70 new openings and releases already scheduled for 2013.

Additionally, the Bank of Canada will maintain its low interest rate resulting in the Banks maintaining low mortgage rates. This low interest rate coupled with new affordable urban town housing will set the stage for further sales growth in 2013.

Overall TMA sales improved by 56.7 per cent, compared to January 2013.

The lowrise new home industry has established another solid base, building growth in both sales and inventory.

REGISTER NOW – PHASE 2 –

COMING TO WESTON & HWY 7 IN VAUGHAN!

AN ENCORE PERFORMANCE AN ENCORE PERFORMANCE AN ENCORE PERFORMANCE AN ENCORE PERFORMANCE AN ENCORE PERFORMANCE LD SO % AN ENCORE PERFORMANCE 80 AN ENCORE PERFORMANCE AN ENCORE PERFORMANCE AN ENCORE PERFORMANCE

Announcing PHASE 2 at Centro Square Condos, Vaughan’s BIGGEST success story! Don’t miss this fantastic opportunity to live in Vaughan’s hottest new master planned community at Weston & Highway 7, just steps to great shopping, dining, schools, parks, transit and more!

RESIDENTIAL | RETAIL | OFFICE REGISTER NOW | CENTROSQUARE.CA | 905-851-8877

HIGHWAY 407

HIGHWAY 400

WESTON RD. HIGHWAY 7

SALES OFFICE NOW OPEN: 7777 Weston Rd.

All illustrations are artist’s concept only. ©2013 Liberty Development Corporation.

All rights reserved. Brokers Protected.

SALES OFFICE HOURS: Monday – Thursday 12 p.m. to 6 p.m.

Weekends & Holidays 12 p.m. to 6 p.m.

Friday Closed

STEELES AVE.

may 4 - 18, 2013 new Condo Guide 035

1 NAME. 1 CHOICE.

%

MORTGAGE* Live in a Liberty home from as low as /month!*

$650

036 new Condo Guide may 4 - 18, 2013

MOVE IN 2013!

YONGE ST.

Live at World On Yonge from

$750 /month!*

MON. - THURS. 12 P.M. TO 7 P.M. SAT., SUN. + HOLIDAYS 12 P.M. TO 6 P.M. CLOSED FRIDAYS

WorldOnYonge.ca 905-771-7010 RICHMOND HILL

Live at Royal Gardens from

$750 /month!*

MON. - WED. 12 P.M. TO 7 P.M. SAT., SUN. + HOLIDAYS 12 P.M. TO 6 P.M. THURS. + FRIDAY BY APPOINTMENT

RoyalGardensCondos.ca 905-889-9997

DANFORTH AVE.

Live at Terrace On Danforth from

$650 /month!*

BY APPOINTMENT ONLY

TerraceOnDanforth.ca 416-987-7575 | info@TerraceOnTheDanforth.ca

www.MyLibertyCondo.ca/1Mortgage *As per price list. Limited time offer. Offer based on a select number of units. Price, information and program subject to change without notice. For qualified buyers on approved credit. All renderings are artist’s concept. Prices, specifications and availability subject to change without notice. E&O.E. Brokers protected.

See Sales Representative for details. may 4 - 18, 2013 new Condo Guide 037

038

039

IN THE NEWS

Opus celebrates with Customer Appreciation Party On April 9, Concord Adex celebrated the successful launch of its new Opus project by hosting a Customer Appreciation Party at the Concord Park Place Presentation Centre.

The event was a tremendous success, with more than 150 guests enjoying the evening filled with delicious food, wonderful music and great prizes.

Located at Concord Park Place, near Leslie Street and Sheppard Avenue East, the first phase of Opus is a 36-storey tower which features suites that range from efficiently-designed 475-sq.-ft. studios right up to spacious three-bedroom designs of 1,068 sq. ft. All suites boast expansive nine-ft. ceilings, extra-large open balconies, highquality laminate flooring and roller-shade window coverings.

For more information, call 416.813.2999 or visit concordparkplace.ca 040 new Condo Guide may 4 - 18, 2013

S’ DANIEL

*

IN T HE A INMEN T EN T ER T T! DIS T R IC

AM IS R G O WN PR UE HOME O 2 T N Q LS’ RE MOST UNI TUNITY E I N A D TO’S IP OPPOR N O R O T RSH E N W O With the very be st location in th e hear t of the Entertainment D istrict, an authen tic connection to TIFF Bell Ligh tbox, incredible am enities, phenomenal suite designs AND Dan iels’ groundbreaking RENT2 OWN program – NOW is the time to put yourself at the intersection of Life, Camera, Action at CINEM A TOWER

MOVE IN THIS SUMMER

T N E R Y H W WHEN YOU CAN OWN?

T E K C I T YOUR ME TO HORSHIP OWNE

SUITES FROM THE MID $400,000s OR $1,930/MONTH

416.203.2020

MON. - THURS. 12-6PM SAT., SUN. & HOLIDAYS 12-5PM FRI. CLOSED

8[\cX`[\ Jk% N Af_e Jk%

CINEMA TOWER Presentation Centre 325 Adelaide Street West, Toronto

N`[d\i Jk%

CINEMATOWER.COM

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CALL OR VISIT US TODAY TO LEARN MORE!

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Exclusive Listing: CityLife Realty Ltd, Brokerage. Brokers Protected. *Daniels’ Rent-To-Own Program is only available on a select number of suites. Prices, specifications and programs are subject to change without notice. Illustrations are artist concept.

E. & O.E. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without written permission of The Daniels Corporation, is strictly prohibited.

may 4 - 18, 2013 new Condo Guide 041

condo profile

DANIELS’ SIZZLING NEW RENT-TO-OWN PROGRAM

Your ticket to homeownership at Cinema Tower!

n

ow you can live at the intersection of “Life, Camera, Action” faster than you ever thought possible! The Daniels Corporation has just announced an innovative Rent-To-Own Program at the multi-award-winning Cinema Tower Condominiums in the heart Toronto’s Entertainment District. For the first time ever, a select number of suites in this spectacular film-inspired condominium are available through Daniels’ Rent-To-Own Program.

“At Daniels, we are always working hard to develop new ways to help people enter the new home marketplace,” says Dominic Tompa, broker of record for City Life Realty Ltd. “And we are particularly excited about introducing our Rent-To-Own Program at Cinema Tower. This is an amazingly designed condominium offering luxury amenities in a highly desirable downtown Toronto location, and Daniels’ Rent-To-Own Program will make it easier.”

The hardest part about purchasing a new home is often saving up for the down payment. Daniels’ Rent-To-Own Program has been designed to make purchasing refreshingly easier by allowing purchasers the opportunity to accumulate a portion of their down payment while living in their new home. It’s as easy as 1, 2, 3. Here’s how it works: 1 Choose a suite that best fits your lifestyle needs.

Sign an Agreement of Purchase and Sale and begin accumulating your down payment through Daniels’ Gradual Deposit Payment Plan.

2 When you move into your new home, a portion of your monthly rent, along with the total amount accumulated through Daniels’ Gradual Deposit Payment Plan, will be credited toward your five-per-cent down payment.

042 new Condo Guide may 4 - 18, 2013

3 After one year, all you will have to do is top off your five-per-cent down payment for your closing.

In addition to a fantastic Rent-ToOwn Program, Cinema Tower owners will be able to enjoy a unique and authentic connection to TIFF Bell Lightbox through a three-year membership, which will offer perks and privileges not available to the general public.

Members will be able to purchase Toronto International Film Festival tickets in advance of the general public, and will be invited to special events such as Director’s Series screenings hosted by TIFF in Cinema Tower’s technologically advanced Screening Room. No other new condominium on the market today offers this unique and thrilling programmatic connection!

The excitement will reach a fever pitch this summer, when residents will start calling Cinema Tower home. As they move in, they’ll be welcomed by a unique artistic element that will frame the outside Lobby entry. Designed by renowned Canadian Artist Peter Powning this artistic addition will be a stunning sculptural metaphor named

STRATA. Imagine being able to walk through an artistic masterpiece every time you come home.

But that’s not all! Offering a lifestyle filled with recreational, social and relaxation opportunities, Cinema Tower encompasses 12,000 sq. ft. of amenity space at Club Cinématheque. Residents will have access to a celebration-ready party room with direct connection to the landscaped urban terrace lounge with an alfresco kitchen and barbecue pods, a state-of-the-art screening room, a unique full court gymnasium with a connection to an outdoor sun deck, a fitness studio, yoga and Pilates zone and an indoor steam room and hot tub.

An amenities coordinator will program the recreational spaces and activities, and 24-hour concierge provides convenience and peace of mind.

Environmental responsibility is also part of life at Cinema Tower, which is being built to the LEED Certification Standard. Cinema Tower will offer electrified parking spaces, a car-share program, bike storage and an all-off master switch in each suite to help owners control electricity usage. In addition, homeowners will receive a free one-year BIXI Toronto bike membership upon closing!

Suites offer luxurious features and finishes, including nine-ft. ceiling heights, engineered wood flooring throughout, gourmet kitchens with Miele appliances, Quartz countertops and handcrafted Irpinia cabinets.

The Daniels Corporation (danielshomes.ca) is one of Canada’s preeminent builder/developers with a reputation for quality and integrity in all forms of residential construction. Named the Tarion Warranty Corp.’s 2012 Highrise Builder of the Year and the recipient of the 2012 Toronto Arts and Business Award presented by the Toronto Arts Foundation, Daniels has built more than

23,000 homes throughout the GTA. Among its many initiatives, Daniels was chosen to partner with Toronto Community Housing to revitalize Regent Park – 69 acres in Toronto’s Downtown East.

Committed to community, Daniels continually offers innovative programs that help people achieve homeownership, champions neighbourhood initiatives that enhance residents’ quality of life, and supports numerous charities and non-profit organizations.

Never before has a Rent-To-Own Program been offered in a luxury condominium in the heart of Toronto’s downtown core. Now is the time to put yourself at the intersection of Life, Camera, Action at Cinema Tower! Don’t wait – call or visit us today to learn more about this incredible homeownership opportunity.

Call 416.203.2020 or visit cinematowercondos.com. The Cinema Tower Presentation Centre is located at 325 Adelaide St. W. (southeast corner of Peter and Adelaide). Hours are Monday to Thursday from noon to 6 p.m.; Saturday, Sunday and holidays noon to 5 p.m.; Friday closed.

may 4 - 18, 2013 new Condo Guide 043

in the news

Good debt, bad debt and everything in between:

how to borrow smartly Access to credit is an ongoing need for Canadians

and track your spending and build your credit history,” says Menon. “A credit card can also maximize your spending power if you choose a card that comes with travel or cash back rewards. But no matter which credit card you have, ensure you pay your credit card bills in full and on time each month to avoid interest charges on your purchases.”

as they navigate through expenses that range from the unexpected to buying a house. In fact, a recent TD Canada Trust survey found the top three credit options used by most Canadians within the past five years are bank-issued credit cards (92 per cent), department store cards (48 per cent) and mortgages (42 per cent).

TD Canada Trust’s Farhaneh Haque, director of ›› Home Equity Line of Credit mortgage advice, and Stephen Menon, associate viceSeven in 10 Canadians (70 per cent) say they have president of credit cards, have teamed up to outline never used a home equity line of credit, even though the popular credit products available and provide 82 per cent correctly believe that a home equity line of Canadians with tips on how to borrow responsibly. credit can be a lower-cost option than a personal loan “Believe it or not, some debts can actually work for financing a home renovation. for you,” says Haque. “Borrowing money to invest in “Many homeowners have the option to use the something that will increase in value, like a home, equity they’ve already built in their homes to finance upgrades which may improve their home’s resale value,” could be considered good debt. In contrast, carrying a balance on your credit card to fund short-term lifestyle says Haque. “A Home Equity Line of Credit could allow you to use up to 65 per cent of the lesser of the spending is not sustainable and should be paid off appraised value or purchase price of your home, with immediately.” a lower interest rate than most alternative forms of “Used responsibly, financial products like credit unsecured credit.” cards and lines of credit can help you finance major expenses cost effectively and manage your cash ›› Mortgages flow,” adds Menon. “However, these benefits may be The majority of Canadians think a mortgage is outweighed if you’re taking on too much debt. Credit products should not be used for perpetual borrowing, “good” debt (88 per cent) and understand that weekly with no plan in place to repay the debt.” mortgage payments, versus monthly, will help reduce the mortgage amortization period (84 per cent). ›› Credit cards “Many borrowers want to pay down their mortgage According to the survey, credit cards are the most ahead of schedule and be debt-free sooner, but they widely used personal credit product. More Canadians worry about not having the cash available if they need applied for a credit card in the past year (29 per cent) it in the future,” says Haque. “If you have paid down than any other personal credit product. Two-thirds your mortgage ahead of schedule, and if you qualify, of Canadians (66 per cent) agree that setting up preyou may be able to use that prepaid amount to take a authorized bill payments on a travel rewards credit temporary ‘vacation’ from your scheduled payments card is a good way to maximize the travel rewards at a later date. A payment vacation can be particularly earned and manage your finances. useful if you’re starting a new family or find yourself “When used correctly, credit cards can help manage temporarily unemployed.”

044 new Condo Guide may 4 - 18, 2013

PRESENTATION CENTRE

NOW OPEN.

Remarkable residences.

Across from Mount Joy Go Station.

Starting from the mid $200’s.

9560 Markham Road Monday - Friday 12 - 6pm Weekends & holidays 12 - 5pm

themarkcondos.ca / TheMarkCondos

@TheMarkCondos

Prices, sizes and specifications subject to change without notice. E. & O.E. Illustration is artist’s impression. Exclusive listing brokerage: TFN Realty Inc. Brokers protected. Creative: la-ads.com

in the news

Tarion studying

WARRANTY PROTECTION FOR CONDO CONVERSIONS At Tarion we are committed to always looking for better ways to serve Ontario consumers.”

Tarion expects to be able to report its findings and recommendations to the minister this fall.

Tarion Warranty Corp. is studying the feasibility of providing warranty

coverage for condominium conversions.

Harry Herskowitz, the chair of Tarion’s board of directors, made the announcement recently during Tarion’s annual public meeting in Toronto. “While we’re proud of the warranty coverage we provide to new condominium owners, we would like to do more, if possible, to level the playing field for consumers purchasing so-called condo conversions,” he says.

These are condos that may have started life as a commercial property, a hotel, an apartment or a schoolhouse. With varying degrees of refurbishing and new construction, they are turned into condominium units and sold to new owners. As the Tarion warranty program was conceived as a new home protection plan, Tarion at present cannot provide warranty protection for such conversion projects.

The current rules do not allow Tarion to offer coverage in older buildings, even those that have not previously contained residential units.

Given the unique nature of most condo conversions, these projects present additional challenges for warranty coverage and a significant financial risk.

Tarion President and CEO Howard Bogach adds, “We’ll be doing extensive research to determine the feasibility of providing statutory warranty coverage for homes in converted condominium buildings.

046 new Condo Guide may 4 - 18, 2013

Tarion Warranty Corp. is a private corporation established in 1976 to serve as the regulator of the new home building industry in Ontario.

Tarion Warranty Corp. is a private corporation established in 1976 to serve as the regulator of the new home building industry in Ontario. In this role, Tarion licenses all new home and condominium builders pursuant to provincial legislation. This statute requires new home builders to provide purchasers with warranty coverage that is guaranteed by Tarion. Tarion also establishes minimum time standards for aftersales service and adjudicates issues between homeowners and builders.

As of the end of 2012, more than 381,000 homes in Ontario were protected under warranty.

C O N 07D O 09 M I N I U M S

.................. 718 S.F. ........................................... 28 S.F. 746 S.F.

08

06

10

SUITE OF THE MONTH 05

11

03

12

02

01

15

UNIT No. 3309 & 3509

07

BALCONY 5’6” x 5’2”

06

09 10

08

C O N 05 D O M I N I U M S 11 03 12

02

LIVING 12’5” x 13’1”

01

15

Nine-foot floor-to-ceiling windows

UNIT No. 2809 to 3209 F

Ceramic cook top with intelligent control and auto shutoff

Quiet operation Dual zone stainless steel dishwasher

MW

BEDROOM 9’11” x 10’0”

KITCHEN/DINING 9’0” x 13’1”

DW

07

09

W/D

Stacked energy efficient front loading washer/dryer

06

10

08

Imported high performance wide05 plank 03laminate11wood flooring BATH 12

02

Secluded den/office with full bath

01

15

Breathtaking Cecconi SimoneUNIT No. 1709 to 2109 designed bathroom cabinetry

Roger’s Fibre Optic Wiring FOYER

07 06

09 10

08

05

TONIK SUITE

DEN 8’8” x 7’0”

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Dupont St. Yorkville Ave.

Centre

12 15

ADDITIONAL CREDIT

UNIT No. 809 to 1609, 2209 to 2709

BATH

Bloor St. Yonge St.

Bay St.

$18,000

11

C O N D O M I N I U M S

TOTAL SQUARE FOOTAGE Sales

746 SQ FT

03 Magnificent custom designed suite entry doors 02 01

45 Charles St. E.

Wellesley St. C O N D O M I N I U M S

SUITES FROM THE LOW $300’s TO $2.5 MILLION Location, luxury and value come together at CHAZ Yorkville! Innovatively designed suites offer a perfect harmony of form and function, like spacious dens that can be converted to a home office, lightningfast fiber optic internet from Rogers, 24-hour Concierge, great city views and inspired lifestyle amenities.

ASK US ABOUT OUR SKY RESIDENCES RELEASE Avenue Rd.

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VISIT OUR SALES CENTRE WWW.CHAZYORKVILLE.COM 416.922.0045 SALES CENTRE LOCATED AT 101 YORKVILLE AVE. SITE LOCATED AT 45 CHARLES ST. EAST MON. – THURS.: 12PM – 6PM, FRI.: 2PM – 6PM, SAT.: 12PM – 8PM, SUN.: 12PM – 6PM, STATUTORY HOLIDAYS: CLOSED

Exclusive Listing Brokerage: Baker Real Estate Incorporated. Brokers Protected. See a sales representative for more details. Prices and specifications are subject to change without notice. Illustration is artist’s concept. E.&O.E.

may 4 - 18, 2013 new Condo Guide 047

make your move

Do your research and

Dan Hopkins is Chief Operating Officer, Two Men and a Truck Canada. twomenandatruck.ca

W

hen it comes to moving, a little homework ahead of time can save a lot of headaches later on.

Face it – your “stuff” is important to you, and you want movers who treat your furnishings and accessories that way. Some items such as toasters and even sofas can be replaced if they are damaged, but other things such as family photos and heirlooms are irreplaceable. At Two Men And A Truck, we adopted the tagline “Movers Who Care” to reflect how critical it is to treat every move with complete respect for our clients and every one of their possessions.

When you shop for a mover, remember that the lowest bidder is not necessarily your smartest move. You want a company that has a track record for providing excellent service – with “service” being the key word. Customer service includes much more than

048 new Condo Guide may 4 - 18, 2013

// by dan hopkins

choose your mover wisely the actual packing and transporting of your items; it starts with the first contact. You should be able to expect a pleasant, professional representative to provide you with an estimate that is well thought out and fair.

Service extends to promptness, cleanliness and thoroughness at both ends of the move. It also involves open lines of communication. Ask questions of the movers you are considering – and if they are reluctant to give you a straight answer, move on to others.

One of the best ways to find a mover is through word of mouth. Ask your friends, neighbours and relatives which companies they used and how pleased they were.

Another valuable resource is the Internet. Research moving firms and find out how long they have been in business. Find out if and how their workers are trained in the packing and transporting of goods. Ask what you can expect before, during and after the move.

You can also check with the Canadian Association of Movers (movers.net), that has a web page for consumers. This trade association represents moving and storage companies and is aimed at helping customers connect with reliable, professional moving services. A look through the member directory and posted articles on this website is one more tool that can help in your search.

Hiring a mover who cares as much as you do about getting your possessions from point A to point B efficiently, economically and safely will reduce the stress and increase the fun.

Moving can be one of the most exciting – and most stressful – times of your life. Hiring a mover who cares as much as you do about getting your possessions from point A to point B efficiently, economically and safely will reduce the stress and increase the fun. Your movers play an integral role in helping you adapt to your new surroundings.

If you are planning a move in the future, think ahead and start your research now.

The more comfortable and confident you feel in the mover you select, the smoother moving day will go. Customer service, walking the walk and talking the talk, is really what its all about!

THE MASSEY TOWER IS HONOURED TO BE NAMED

2013 PROJECT OF THE YEAR

*

*By the Building Industry and Land Development Association

2013 BEST HIGH RISE BUILDING DESIGN

ALSO WINNER FOR 2013 BEST HIGH RISE SALES OFFICE

2013 BEST MODEL SUITE

“THE MASSEY TOWER HAS BEEN THE TALK OF THE TOWN SINCE ITS LAUNCH.” BUZZBUZZHOME.COM

“A BEAUTIFUL BUILDING WITH MASTERFUL ARCHITECTURE…HAS THE POTENTIAL TO BECOME A LANDMARK” DESIGN REVIEW PANEL, CITY OF TORONTO 2013

BE A WINNER: FIND A PLACE IN THE SPOTLIGHT.

This year, find your new home at the centre of Toronto, on Yonge, across from the Eaton Centre. Live in a contemporary jewel that combines old and new, with a 60-storey modern tower atop a heritage base.

Enjoy easy access to every urban amenity you could ever want or need, and two TTC stations just outside your door. Two full floors of indoor and outdoor urban chic amenities.

FROM THE LOW $300’s.

THEMASSEYTOWER.COM // 416 966 0197 YONGE ST.

DUNDAS ST. SHUTER ST. 197 YONGE STREET QUEEN ST.

PRESENTATION CENTRE & FURNISHED MODEL SUITE Location: 197 Yonge Street Hours: Mon–Thurs: 12–6, Fri: Closed, Sat–Sun: 12–5.

EXCLUSIVE BROKER: MARKETVISION REAL ESTATE CORPORATION. BROKERS PROTECTED. PRICES AND SPECIFICATIONS SUBJECT TO CHANGE WITHOUT NOTICE. E. & O. E. CREATIVE: LA-ADS.COM

may 4 - 18, 2013 new Condo Guide 049

purchasing points

Pre-delivery inspection

is an important step in your purchase There is a critical first step

all new-home buyers in Ontario must take when their new home is ready for occupancy, known as the Pre-Delivery Inspection (PDI). More than a tour, the PDI represents the first opportunity for buyers to view their home in its completed state and thoroughly assess its condition.

All builders of new homes and condominiums in Ontario are required by Tarion Warranty Corp. to conduct a PDI with their customers prior to a home’s date of possession. Tarion is a private corporation that protects homebuyers according to the terms of the Ontario New Home Warranties Plan Act, which requires that builders provide warranty coverage on every new home built in the province.

“The PDI is an important starting-off point in the new-home warranty process,” according to Carol Metcalfe, director of claims at Tarion. “Most builders are committed to constructing a quality product, but today’s new homes are large and complex, made up of many different systems and components. The PDI therefore provides homeowners with a prime opportunity for assessing a home’s overall workmanship and features.”

050 new Condo Guide may 4 - 18, 2013

The PDI takes place when your new home is ready for occupancy, making it the first opportunity to view your completed home and assess its condition before you take possession. During the PDI, you or your designate (an individual you select to attend) will be given the opportunity to examine the home with your builder or your builder’s representative present. The objective of this inspection is to make a written record of all items that are incomplete, damaged, missing, inaccessible or not operating properly.

It is the builder’s responsibility to explain how the various systems in your home work – including the heating, electrical, plumbing and air conditioning – thus making the PDI a good opportunity for your builder to go through them with you. It is very important that you understand how to operate your home’s systems because not using them properly can affect your warranty coverage.

During the PDI, homeowners should carefully examine the home both inside and out. While inside, they should look for things like chips in porcelain sinks or scratches on countertops, damage to floors or walls, and doors and windows that are not secure or do not open and close properly. Outside, they should check things like the quality of brickwork and siding, whether window screens have been installed, and the appearance of the driveway and landscaping.

Additional information on the PDI, including a complete list of things to look for during the inspection, can be found in Getting Ready for the Pre-Delivery Inspection, a brochure produced by Tarion. Copies can be obtained by calling 1.877.9TARION or downloaded from the Tarion website at tarion.com

// LIVE AT THE INTERSECTION OF

CITY AND STYLE. //

// ...WHEN YOU LIVE AT FIVE, YOU LIVE THE REAL CITY LIFE. SHOP. EAT. DRINK. PARTY. WORK. ALL IN YOUR NEW PLAYGROUND, SOUTH OF CHIC, NORTH OF TRENDY, AND NOT FOR THE FAINT OF HEART. DISCOVER AN ELECTRIC NEIGHBOURHOOD FOR THE CITY-LOVER, 10,000 SQUARE FEET OF AMENITIES FOR THE LEISURE-LOVER, AND A DARING SKYSCRAPER ATOP A HERITAGE BASE FOR THE DESIGN-LOVER. IS FIVE THE BEST OF BOTH WORLDS? NO, IT’S THE BEST OF ALL WORLDS. VISIT US TODAY AND DISCOVER THEM ALL. //

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A PROJECT DEVELOPED BY GRAYWOOD DEVELOPMENTS LTD. & MOD DEVELOPMENTS INC. EXCLUSIVE LISTING BROKERAGE BAKER REAL ESTATE INCORPORATED. BROKERS PROTECTED. PRICES AND SPECIFICATIONS SUBJECT TO CHANGE WITHOUT NOTICE. E. & O. E. ILLUSTRATION IS ARTIST’S IMPRESSION. CREATIVE: LA-ADS.COM

may 4 - 18, 2013 new Condo Guide 051

in the news

Tridel receives Tarion Award of Excellence for outstanding customer service

Tarion Warranty Corp. has

announced the recipients of the 2013 Tarion Awards of Excellence, the only awards in Ontario that recognize new home builders based solely on their customer service delivery.

Awards were presented to:

• Tridel, Toronto

Highrise Category

• Fusion Homes, Guelph

Large Volume Category

• K lemencic Homes, Trenton

Medium Volume Category

• Parry Homes Inc., London

Small Volume Category

“Happy, satisfied homeowners are the best indicator of good customer service. Tarion Award of Excellence winners are decided by homeowner feedback and recognize builders who go the extra mile to put their purchasers first,” says Howard Bogach, Tarion president and CEO. “We congratulate the winners and

all finalists for being leaders in customer service excellence.”

“Tridel focuses on providing a highly personalized experience where our customers can be confident that we are actively looking out for their best interests,” says Danielle Feidler, vice-president of customer care at Tridel. “We are very proud to receive this award and know it reflects the genuine caring and dedication that each Tridel employee brings to every customer experience.”

The awards are based on the results of a comprehensive survey sent to more than 40,000 Ontario homeowners who took possession of a new home between Oct. 1, 2011 and Sept. 30, 2012.

Survey questions covered every stage of the homeownerbuilder relationship, beginning with the signing of the agreement of purchase and sale, through construction, pre-delivery inspection and after-sales service.

The Honourable Tracy MacCharles, Minister of Consumer Services was on hand at the award presentations to celebrate the outstanding accomplishments in customer service.

“I am pleased to recognize home builders who provide exceptional service to their buyers,” says Minister MacCharles. “I offer my congratulations to the recipients for so capably representing Ontario’s building industry.”

2013 Tarion Award of Excellence Finalists and Recipients:

Highrise builder category (More than 100 high-rise possessions per year)

› The Daniels Corporation, Toronto › Del Ridge Homes, Markham › Monarch Corporation, Toronto › The Tricar Group, London › Tridel, Toronto Large volume builder category (More than 100 possessions per year)

› Branthaven Homes, Burlington › Fusion Homes, Guelph › Menkes Developments Ltd., Toronto › Monarch Corporation, Toronto › Pidel Homes, Guelph Medium volume builder category (21-100 possessions per year)

› Grimesway Construction Ltd., Lindsay › Klemencic Homes, Trenton › Mirtren Homes of Belleville, Trenton › Terra View Homes, Guelph › Wrighthaven Homes Ltd., Elora Small volume builder category (5-20 possessions per year)

› Marlo Homes Inc., Tecumseh › Medway Homes, Arva › Parry Homes Inc., London › Southridge Heights Inc., Tillsonburg › Triple T Holdings Ltd., Peterborough 052 new Condo Guide may 4 - 18, 2013

may 4 - 18, 2013 new Condo Guide 053

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may 4 - 18, 2013 new Condo Guide 055

taxing issues

// By henry choo chong

building equity investment. Today’s historically low interest rates make purchasing a home extremely appealing – particularly if your rent paid is greater than $1,000 per month. Why should you pay someone else’s mortgage?

Consider the following:

Henry Choo Chong, CGA, sits on many committees and provides accounting and tax services to individuals and businesses in the GTA. He can be reached at 416.485.5225.

Questions to Taxing Issues can be emailed to choochonghcga@yahoo.ca

The opinions and views expressed herein are those of the author and not those of New Condo Guide. New Condo Guide does not necessarily endorse or encourage any specific tax strategies.

Please consult a tax professional for advice specific to your particular situation.

Q

Currently, my wife and I are renting. However, we would like to buy a home and build some equity. Can you offer some advice for a young, upwardly mobile couple? Geoffrey and Diane, Toronto

A

There are many investment vehicles that can give you healthy returns. You do not necessarily have to buy a home to increase your wealth. However, a home is one of the only tax-free investments still available to the middle class. Buying a home is a long-term commitment and

056 new Condo Guide may 4 - 18, 2013

›› Determine what you can afford and stick to that price. All too often, buyers tour several homes and the only one they desire happens to be thousands of dollars over their budget. Remember, keep your head out of the clouds. Commit to a mortgage, not a stress asylum. ›› Shop and negotiate with several financial institutions for the best interest rate, terms and conditions. You may be surprised at how competitive the banks are for your mortgage business. Shopping for a mortgage can be as easy as a few clicks of your mouse. ›› Set a formal plan to help save for a first home. Sit down, plan the steps necessary to achieve your goals, and follow through! ›› Improve/maintain your credit rating by paying all your bills on time.

One-day-late payments are still considered late. This could influence your negotiating power for the best mortgage. ›› Make sure current monthly mortgage payments are manageable and will continue to be so even when interest rates rise in the next several years and payments increase. ›› Put down as much as possible to avoid taking out a high-ratio mortgage that incurs additional cost and interest. A five-per-cent down payment on a home leaves little equity. ›› Set aside an additional three per cent of the purchase price of the house for closing costs such as Land Transfer Tax, legal fees and disbursements, moving costs and other incidentals. Speak to your lawyer who will be able to give you the heads up on what to expect. ›› Take advantage of the first-time Home Buyers Plan (HBP) to use your Registered Retirement Savings Plan (RRSP) as part of the down payment.

An individual and spouse, provided they qualify, may withdraw up to $25,000 each from their RRSP, tax-free, for a total of up to $50,000 toward your home and other purchase-related costs. If you have never used the HBP, contribute your savings for the home into your RRSPs and take advantage of the tax deduction. Then, use these savings for a down payment. You will have 15 years to repay the amounts to your RRSP, starting after the second year of your withdrawal.

Continue to follow the real estate market trends and buy when you are ready, not when the market is ready for you.

COMING THIS SPRING Nestled on the edge of High Park - Toronto’s largest urban park and just steps from the quaint shops and fine dining of Bloor West Village, The Daniels Corporation is excited to introduce

WHERE MODERN URBAN MEETS MOTHER NATURE Yes, this is the actual view from the 14th floor!

A Daniels / WJ Community

The only new condominium within Toronto to offer innovative suites ranging from studio to two bedroom + den designs featuring superior finishes and unobstructed views of over 399 acres of vibrant parkland and beyond. Add to this 18,000 sq. ft. of indoor and outdoor private amenities, unlike any other in the city today, and you’ll quickly see that HighPark Condominiums is Where Modern Urban Meets Mother Nature.

SUITES FROM THE

$300,000s Register Today 416.351.1844 danielshighpark.com

Exclusive Listing: CityLife Realty Ltd. Brokerage. Brokers Protected. Illustrations are artists concepts. Prices, specifications and programs are subject to change without notice. E.&O.E. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without prior written permission of The Daniels Corporation, is strictly prohibited. *Conditions apply. See Sales Representatives for full details.

COMING THIS SPRING!

The Daniels Corporation is returning to Toronto’s High Park neighbourhood with a fresh new opportunity to live next door to nature.

Now is the time to register for Daniels’ HighPark Condominiums – a hot new residence situated across from Toronto’s largest urban park - High Park!

10TH FLOOR OUTDOOR TERRACE

WHERE MODERN URBAN Daniels is calling its newest condominium community the place “Where Modern Urban Meets Mother Nature” – and it truly is! HighPark Condominiums is located directly across from Toronto’s largest public park, where residents will revel in the majesty of wild forests and the intoxicating allure of the area’s famous Japanese cherry trees. Hiking trails lead you along Grenadier Pond, where ducks and geese provide an ever-changing wildlife show. An off -leash dog park, playgrounds, greenhouses and a zoo, housing everything from buffalo to peacocks, are among the other attractions in this one-of-a-kind setting.

HighPark Condominiums is also just moments from an array of urban amenities, including incredible shops and boutiques, bakeries, cafes, restaurants and grocery stores, along with many services conveniently located in the heart of Bloor West Village. Plus, with the High Park and Keele subway stations just steps away, residents can be whisked away to the downtown core in less than 20 minutes.

This is an incredible location, with a Bloor Street address nestled between two subway stations. We had tremendous success with our first community in High Park years ago, and we are very excited to be back in this highly desirable and established neighbourhood.

– Daniels’ Executive Vice-President Niall Haggart

Daniels has made sure that quality of life at HighPark Condominiums is nourished in numerous ways. To begin with, residents will have the exclusive use of 18,000 sq. ft. of unique and incredible indoor and outdoor amenities on three levels.

From the main condominium entry on Bloor, the double-height lobby offers a warm “welcome home,” and a handy dog spa provides a place where owners can clean muddy paws after a long walk in the park.

Outstanding amenities continue on the second floor, where you can work out in the weight room, test your mettle at the cutting-edge climbing wall in a dramatic space open to above and treat friends to special screenings in the theatre and exercise your green thumb in the gardening plots.

The third fl oor is home to a cardio studio and a fabulous indoor/outdoor yoga and Pilates area. Entertaining is a breeze in the intimate party room, complete with a catering kitchen, and adjacent billiards room also located on this fl oor.

Overlooking the lush canopy of the High Park trees, the 10th floor amenities include the grand indoor/outdoor party room.

Inside, residents can enjoy the luxurious kitchen and dining area. The beautifully landscaped outdoor component will feature barbecues and a fireplace.

3RD FLOOR OUTDOOR TERRACE

3RD FLOOR PARTY ROOM

MEETS MOTHER NATURE And how is this for innovative thinking? Nurturing the environment as well as neighbourly interaction, Daniels incorporates urban agriculture initiatives. At HighPark Condominiums, gardening plots will be available for growing herbs, vegetables and flowers so residents can eat close to home – literally. “In addition to promoting healthy living,” Haggart adds, “this element connects people with each other and the earth.”

With environmental sustainability and a healthy lifestyle in mind, Daniels has created a one-of-a-kind resident bike engagement program where homeowners will be able to bond over a much loved Bloor West pastime and learn more about this popular activity. From the comfort of their own home they’ll be able to participate in active biking clinics, tune up in the bike storage and riding prep space and benefit from a unique bike sharing program. Plus, further promoting a smaller carbon footprint, HighPark Condominiums will offer a car share program, rough in energized parking spaces and other innovative technology for energy savings.

“In all our condominiums, we go to great lengths to offer unique amenities and services that truly foster a sense of community by bringing neighbours together,” Haggart says. “We believe a condominium residence should provide the opportunity for social and community engagement, but above all, be a place where our owners feel at home, and love where they live.”

With prices beginning from the $300,000s, suite designs will range from studios to one bedroom (+ den), two bedroom (+ den) and three bedroom layouts. To optimize your chances of purchasing one of these exceptional residences, join Daniels’ HighPark Condominiums Inner CircleTM. For a one-time $500 membership fee, enjoy exclusive perks and privileges such as special preview pricing; an invitation to the first advance sale; among the first choices of suites, floors and views; and members-only invitations to Daniels-hosted events with insider information. Best of all, your $500 membership fee will be put toward the purchase of your new home or fully refunded if you choose not to purchase at HighPark Condominiums.

You’ve got nothing to lose but an incredible residence and park to gain!

JOIN THE INNER CIRCLETM TODAY 416.351.1844 danielshighpark.com

ACTUAL VIEW FROM THE 14TH FLOOR

Homeowners at HighPark will be able to purchase with peaceof-mind, knowing that Daniels has been building fine new homes and communities for more than 31 years, and is one of Canada’s pre-eminent builder-developers with a reputation for quality and integrity in all forms of residential construction. Named the Tarion Warranty Corporation’s 2012 High Rise Builder of the Year and the recipient of the 2012 Toronto Arts and Business Award presented by the Toronto Arts Foundation, Daniels (danielshomes.ca) has built more than 23,000 homes throughout the GTA.

TORONTO’S MOST ANTICIPATED LANDMARK CONDOMINIUM IS COMING THIS SPRING. SUITES FROM THE

$300,000s

Register Today 416.351.1844 danielshighpark.com

057

in the news

1093 Queen Street West condos site of

civil debates 2: ARTS BOARDS

TOP

Almost 70 people attended the debate.

Photo by Giordan Battaglin BOTTOM

Debaters were (left to right): Franco Boni, Brendan Healy, Gideon Arthurs and Jini Stolk. Moderator was Aislinn Rose.

Photo by Giordan Battaglin

The Theatre Centre and Praxis Theatre

recently held Civil Debates 2: Arts Boards – a public debate as to whether boards of directors have the right and responsibility to overrule the artistic direction of a theatre company.

The debate topic arose from the recent instances of artistic directors being dismissed by boards across Canada,

058 new Condo Guide may 4 - 18, 2013

and the reimagining of these relationships.

For the Yea side were The Theatre Centre General and Artistic Director Franco Boni and Buddies in Bad Times Theatre Artistic Director Brendan Healy. For the Nay side, attendees heard from Tarragon Theatre General Manager Gideon Arthurs and Creative Trust Research Fellow, Toronto Arts Foundation, Jini Stolk.

Almost 70 enthusiastic attendees took part in the discussions and voting held in the space adjacent to The Theatre Centre Pop-Up venue, on the site of Pemberton Group’s 1093 Queen St. W. condominium community coming this fall. For those who registered their opinion at the end of the evening on this controversial issue, the result was 56 Yea, nine Nay. The Theatre Centre nurtures artists, invests in ideas and champions new work and new ways of working. The Theatre Centre provides artists with an infrastructure and resources to create their art – from an idea to a production.

In 2013, The Theatre Centre will move to a new live arts hub and incubator at 1115 Queen St. W. For more information visit, theatrecentre.org Praxis Theatre has created eleven original theatrical productions in Toronto over the past decade. A community leader in online engagement, praxistheatre.com was named a Toronto Theatre MVP by The Grid as an “outlet for informed, well-reasoned debate” in 2012.

Pemberton Group has more than 50 years experience building superb communities in many of the Greater Toronto Area’s most desirable neighbourhoods. For more information on the company, visit pembertongroup.com. You can also follow Pemberton on Facebook and Twitter.

-964 67,505. ),33 ;6 3(:; *(33 88 Scott’s ideal location within the St. Lawrence neighbourhood VU [OL LKNL VM [OL ÄUHUJPHS KPZ[YPJ[ THRL P[ HU VW[PTHS JOVPJL UV TH[[LY ^OH[ [OL [PTL VM KH` ;OPZ UL^ VMMLYPUN MYVT *VUJLY[ OHZ HSYLHK` JHW[\YLK [OL H[[LU[PVU VM KPZJLYUPUN I\`LYZ KLZWP[L THYRL[ JVUKP[PVUZ In addition to its central location, 88 Scott features intelligent suite KLZPNUZ Z[\UUPUN ]PL^Z HI\UKHU[ HTLUP[PLZ HUK Z\WLYI X\HSP[` ÄUPZOLZ [OYV\NOV\[ )\PS[ I` H^HYK ^PUUPUN *VUJLY[ [OL THU` ^OV OH]L JOVZLU :JV[[ KLÄUL P[ HZ H [PTLSLZZ IS\L JOPW PU]LZ[TLU[ *VTL HUK ZLL MVY `V\YZLSM

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finances

Can you financially

plan your way to happiness?

Can money buy you happiness? Likely not. But a financial plan just may be the ticket – and you don’t have to be rich to have one. Happiness means different things to different people, but it’s hard to deny that those who feel they are closer to living the life they want and meeting more of their life goals just may be a tad happier. And financial planning seems to be a powerful path to help people achieve these goals.

The Financial Planning Standards Council, the

not-for-profit organization that awards Certified Financial Planner certification, and that is committed to seeing Canadians improve their lives by engaging in financial planning, conducted a study that explored Canadians’ financial planning activities and their levels of emotional and financial well being.

It turns out that those who have comprehensive financial plans report being a lot more optimistic about a wide range of factors related to their emotional and financial well being:

77%

62%

61%

77 per cent with comprehensive financial plans said they felt their goals and aspirations are achievable, compared with only 50 per cent who do no planning.

62 per cent with plans said they feel content with how their life is going, compared with 37 per cent with no plans.

61 per cent with plans said they have peace of mind, compared with 36 per cent with no plans.

“Financial planning involves a variety of financial strategies, but is ultimately about meeting your life goals through the proper management of your finances, through both good and tough times in life,” says Cary List, president and CEO, FPSC. Financial planning is not just for the wealthy. The study showed that the connection between one’s level

060 new Condo Guide may 4 - 18, 2013

64% And 64 per cent said they are prepared to manage through tough economic times, compared with 33 per cent with no plans.

of optimism and peace of mind held true across a wide range of net worth groups. This affirms that there is value of financial planning for everyone – not just the wealthy.

So get yourself a financial plan and see what happens. NC

may 4 - 18, 2013 new Condo Guide 061

living here is only natural.

RENDERINGS ARE AN ARTIST’S IMPRESSION. SIZES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. E.&O.E.

NOW RELEASING

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Designed to interact with the park and neighbourhood, this 11-storey modern boutique residence uses natural, sustainable materials, featuring beautiful wood, stone and steel accents.

Having immediate access to High Park TTC station, The High Park offers interiors by Cecconi Simone with 9 and 10 foot clear smooth ceilings. There are single- and double-storey suites which have stunning views in every direction.

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condo profile

The High Park

unites greenspace and cosmopolitan living

Grand opening this weekend for Toronto’s newest boutique condo

i

n the city of Toronto, there is only one location where your condo includes a 400-acre backyard – The High Park, the city’s newest boutique condominium.

Surrounded by lifestyle and lushness, the muchanticipated grand opening of The High Park takes place this weekend for those who value contemporary design within the heart of a lively neighbourhood.

Standing 11-storeys high with 108 residences, The High Park is the design creation of Quadrangle Architects, which were committed to a look that would interact with the park and neighbourhood. This boutique residence features intriguing interpretations of traditional cladding surfaces, such as glass, brick and stone, while introducing warm wood textured

064 new Condo Guide may 4 - 18, 2013

This boutique residence features intriguing interpretations of traditional cladding surfaces, such as glass, brick and stone, while introducing warm wood textured elements taking the design far beyond the glass box.

elements taking the design far beyond the glass box.

Chosen materials echo the unique and timeless character of High Park and Bloor West Village.

The upper levels feature several setbacks and even more glass creating a tumbling effect from floor to floor. The total effect allows for larger terraces, wide-open views from the interior, and an appropriate airiness as the building reaches skyward. The top three levels contain 10 single-storey penthouses, and six double-storey penthouses, several with multiple balconies and wrap-around terraces offering panoramic views of the park and the city below.

At The High Park, only Bloor Street separates you from forests and hiking trails, grassy expanses and quiet brooks within the city’s largest green space.

Walk, run or ride through the greenery within this close-to-home getaway. And when autumn comes, you’ll have a front row seat for the vibrant colour show that awaits.

Trendsetting in style and contemporary in design, The High Park offers a location equally trendy and high profile – centred on Bloor between Bloor West Village and Roncesvalles. Nighttime, daytime, any time – there are always places to go and things to do infinitum.

Under the creative guidance of Cecconi Simone Interior Design Inc., residences are just as trendsetting

with living space ranging from 439 sq. ft. to a three-bedroom plus den at 1,938 sq. ft. The High Park is firmly focused on residents moving up or downsizing in condo living, while maintaining high style and luxury finishes second to none.

Shared spaces are equally spectacular with a welcoming workout studio finished with warm reclaimed woods and industrial steel fixtures. When larger parties dictate more area, enjoy the rustic elements, warm woods and dark metals, of the stylish dining and party space. Invite guests to the lounge where you can sit by the fire or watch the big screen or just catch up with friends on a Friday night. Outside, Janet Rosenberg + Associates, specializing in urban design, added fashionable form at street level.

The High Park is the debut project of North Drive Investments, a company with deep roots within the Canadian real estate industry. From modest beginnings as bricklayers, the partnership of the Fidani and Morassutti families has built, owned, and managed more than 75 million sq. ft. of office, industrial, retail and multi-residential properties.

Construction is expected to begin in the near future with completion expected in the fall of 2015. Prices start in the low $300’s. Register at thehighpark.com for more information, or call 416.670.3699. may 4 - 18, 2013 new Condo Guide 065

in the news

Property wars:

72 per cent of homebuyers unwilling to go above asking price for a home: BMO According to the BMO Home Buying Report, the real estate

market in Canada will see very little in the way of competitive bids in 2013, with the majority of Canadians (72 per cent) unwilling to enter a bidding war when making an offer on a home.

However, first-time buyers appear the most willing to battle for a listing, with 39 per cent willing to enter a bidding war to secure a property compared to 28 per cent of total buyers.

Willing to get into bidding war

Regionally, the survey, conducted by Pollara, revealed:

region

28%

35%

31%

29%

32%

30%

21%

Canada atl

QC

29%

28%

29%

TOR

CAL

VAN

19%

ON

MB/SK

AB

BC

MON

The report also revealed:

› Only 15 per cent of owners would be willing to under-price their home to spark a bidding war

› In the major city centres, those in Toronto are the most likely

to under-price their home to spur competition (25 per cent), followed by Vancouver and Calgary (17 per cent and 12 per cent respectively) › The majority of likely buyers (58 per cent) intend to set a budget and stick to it; however, an additional one-in-three (35 per cent) say they plan to set a budget, but would be willing to go over it for a home they really want › The attitudes of first-time buyers are similar, with 59 per cent intending to set and stick to a fixed budget, while 37 per cent say they might be willing to go over budget

As many Canadians set out to buy a house or condo this spring, Laura Parsons, mortgage expert, BMO Bank of Montreal, noted that those on the hunt for their dream home need to set and stick to their house-hunting budgets.

“It’s essential Canadians keep their emotions in check when shopping for a home and avoid over-extending themselves as a result of a bidding war or by purchasing a home they cannot realistically afford,” says

In the major city centres, those in Toronto are the most likely to under-price their home to spur competition (25 per cent), followed by Vancouver and Calgary (17 per cent and 12 per cent respectively) continued on page 68…

066 new Condo Guide may 4 - 18, 2013

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may 4 - 18, 2013 new Condo Guide 067

in the news

continued…

Parsons. “One of the most effective ways to do this is to work with an expert well in advance to build a budget and determine what is financially appropriate.”

Parsons adds that total housing costs should not consume more than one-third of household income. Further, Canadians should consider choosing a shorter amortization to save thousands in interest costs and begin building equity sooner.

According to BMO Economics, average home prices across Canada continue to rise modestly. Across the country, prices have seen unusually calm single-digit increases over the past year. The average home sale price in Canada is currently $378,532.

“Regina, Winnipeg and the Hamilton area have led the way in home price increases over the past year, while Victoria saw a 7.5 per cent decline,” says Robert Kavcic, senior economist, BMO Capital Markets. “But by and large, prices are holding up. The market remains relatively balanced overall, leaning slightly in favour of buyers in some select markets.”

BMO offers the following advice for Canadians searching for a house or condo this spring: Stress-test your budget

Stress test your financial budget using a mortgage payment based on a higher interest rate. If rates rise even one per cent, you will need an additional $126 per month on a $200,000 mortgage.

Live within your means

Stick to the “one-third” rule to ensure you’re living within your means. Total housing costs (mortgage payments, property taxes and heating costs) should not consume more than one-third of overall household income.

Think carefully about fixed versus variable

While variable rates mortgages have been a winning strategy over the long term, fixed-rate mortgages (currently near historic lows) come with the peace of mind of being insulated against rate increases.

Consider choosing a shorter amortization

The shorter the life of the mortgage, the less you pay in interest.

Choosing a maximum 25-year amortization helps households

068 new Condo Guide may 4 - 18, 2013

build equity in their home faster and save thousands in interest costs over the life of the mortgage. For example, on a $400,000 mortgage at a five per cent interest rate, choosing a 25-year amortization can save upwards of $70,000 in interest.

“ It’s essential Canadians keep their emotions in check when shopping for a home and avoid over-extending themselves as a result of a bidding war or by purchasing a home they cannot realistically afford,” says Parsons.

OCC

UPA

NCY

201

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069

condo pro

// by barbara lawlor

ADVICE FOR FIRST-TIME HOMEBUYERS – ASK!

D

Barbara Lawlor is president of Baker Real Estate Inc., and an in-demand columnist and speaker. A member of the Baker team since 1993, Barbara oversees the marketing and sale of condominium developments in the GTA and overseas

ecisions, decisions, decisions… when you shop for a new home, there certainly are many things to think about. Whether it is your first home purchase or a second or third, you still have to do some homework and legwork to ensure that you make the best choice.

Today’s home-purchasers have the amazing benefit of buying at a time when mortgage rates are incredibly low, considering the fact that in Canada, we have seen double-digit rates in the past. First-time buyers, take note: our current rates will have a big impact on your future. When you look at how many years it takes to pay off a mortgage, even a fraction of a percentage point lower means thousands of dollars saved during that time.

Your decision to buy now is great – and to buy new is even better.

Add in “condominium” to the mix, and you land on the magic formula in the Greater Toronto Area. You have a lot of wonderful choices out there. Buying a condominium suite or loft can be the wisest thing you ever do, if you pay attention to what is important to you. My advice is to ask, ask, ask!

You just have to ask financial institutions about mortgage possibilities. You can also use up to $25,000 of your RRSPs (per person) toward a down payment, and of course, there is the First-Time Home Buyers’ tax credit of up to $750 in tax relief for closing costs.

If this is your first home-buying experience, pay attention to some basic considerations, and you will be a happy purchaser. First of all, what can you afford? Probably more than you think. Coming up with the down payment might seem overwhelming, but if you do your “homework,” you will find help. You just have to ask financial institutions about mortgage possibilities. You can also use up to $25,000 of your RRSPs (per person) toward a down payment, and of course, there is the First-Time Home Buyers’ tax credit of up to $750 in tax relief for closing costs.

Remember to ask condominium sales representatives as well. Some developers offer to pay the interest on a loan to help potential buyers who

070 new Condo Guide may 4 - 18, 2013

have good-paying jobs and qualify. Ask whether the builder/developer is offering any special incentives in the way of extras such as free upgrades included in your purchase price. This means you can enjoy a higher level of finishes than you might otherwise be able to afford.

Look for first-time buyer seminars as well. These information sessions cover how the buying process works. Usually, attendees can make direct inquiries to bank representatives, designers, sales people, lawyers and other professionals. Make the most of this opportunity, and you can conduct your home search with more confidence.

Of course, first-time condominium buyers may be seasoned buyers of freehold homes. They may be busy professionals, families, empty-nesters or retirees looking for a more compact space or carefree lifestyle. If that is your situation, you are probably familiar with most of the process. But keep in mind that the decision to buy your first condo involves just as much homework and consideration as when you started out.

Again, ask. Find out what is covered under Ontario’s Condominium Act and your Tarion warranty coverage. Explore what is involved in maintenance fees and what guidelines you must follow according to the condo documents you will be asked to sign. Be sure to hire the services of a lawyer who is familiar with condominium real estate to look over the paperwork and advise you wisely.

Mortgage rates and real estate prices are bound to rise eventually, so the sooner you buy your first home or condo and get into the market, the better.

Again, ask. Find out what is covered under Ontario’s Condominium Act and your Tarion warranty coverage.

Explore what is involved in maintenance fees and what guidelines you must follow according to the condo documents you will be asked to sign.

may 4 - 18, 2013 new Condo Guide 071

sHoppIng 2013 Home DĂŠcor and Renovations

guide

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Our 2013 shopping guide profiles some of the GTAâ&#x20AC;&#x2122;s top home and dĂŠcor shops and services.

in the news

75 Ontario secondary schools achieve academic improvement

in Fraser Institute rankings The GTA boasts seven public schools and

six Catholic schools that are among the top 20 fastest-improving secondary schools in Ontario, according to the Fraser Institute’s annual school rankings.

Three secondary schools in Southwestern Ontario, three in Eastern Ontario, and one in North Central Ontario also rank among the top 20 fastest improvers province-wide.

“Our report card consistently shows that school improvement is occurring all over Ontario, from Timmins in the north to Chatham in the south and from Sault Ste. Marie in the west to Hawkesbury in the east,” says Peter Cowley, Fraser Institute director of school performance studies.

“Every school is capable of improvement, regardless of its geographic or socioeconomic challenges. With individual school results going back five years, the Fraser Institute’s annual school rankings help parents and educators measure improvement in specific subject areas and prioritize improvement plans for the year ahead.”

The Report Card on Ontario’s Secondary Schools 2013 rates 725 public, private and Catholic secondary schools based on seven academic indicators using data from the annual province-wide tests of literacy and math managed by Ontario’s Education Quality and Accountability Office (EQAO).

The report card also includes important information about each school’s make-up, including parents’ average income, the percentage of ESL students and the percentage of special needs students.

074 new Condo Guide may 4 - 18, 2013

The complete results for all 725 secondary schools are available at compareschoolrankings.org Of the 20 Ontario secondary schools showing the fastest academic improvement over the past five years, 10 are public schools where the parental income is below average. At four of those schools, special needs students account for more than 20 per cent of school enrolment. The complete list follows.

Top 20 Fastest-Improving Ontario Secondary Schools ›› Bloor (Public), Toronto ›› Mère-Teresa (Catholic), Hamilton ›› St. Patrick (Catholic), Toronto ›› St. Mary’s (Catholic), Toronto ›› Le Sommet (Public), Hawkesbury ›› Central Commerce (Public), Toronto ›› St. Edmund Campion (Catholic), Brampton ›› Nouvelle-Alliance (Catholic), Barrie ›› Walkerville (Public), Windsor ›› E.J. Lajeunesse (Catholic), Windsor ›› Father Henry Carr (Catholic), Toronto ›› Monarch Park (Public), Toronto ›› Thistletown (Public), Toronto ›› Ascension of Our Lord (Catholic), Mississauga ›› Jeanne-Lajoie (Catholic), Pembroke ›› North Grenville (Public), Kemptville ›› Victoria Park (Public), Toronto ›› East York (Public), Toronto ›› Pope John Paul II (Catholic), Toronto ›› West Humber (Public), Toronto

The evolution of modern condo living COMING SOON ON YONGE AT EGLINTON

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ARCHITECTURE BY NEW YORK BASED PEI PARTNERSHIP in collaboration with Quadrangle Architects celebrating Toronto’s architectural modernist era

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may 4 - 18, 2013 new Condo Guide 075

style file

boutique living Yes, Sur-rey

// by Yanic Simard

076 new Condo Guide may 4 - 18, 2013

I’ve always dreamed of living in a hotel, and during a recent stay at my favourite accommodation in New York City, The Surrey Hotel & Spa, I decided to really take note of the unique design aspects that this luxe accommodation exudes. Located in the Upper East Side of Manhattan, near the scenic Central Park and many prominent boutique shops, this 1920s style Beaux-Arts designed residential townhouse is one of the finest, quaintest hotels that the city – or the world – has to offer. I wanted to bring it all back with me to share with you and give you a little piece of heaven –

Photo credit: The Surrey Hotel

a place that you should all treat yourself to and stay at one day.

There are features of the transitional design that stand out immediately, like the extensive artwork collection – particularly the oversized piece of Kate Moss that greets you as you enter the lavish lobby, setting the tone for your entire stay and what’s to come. The subtle and sultry expression on her face says it all. And then there are other features that aren’t so noticeable right away, but when you recognize them you fully appreciate them, and like I’m known to say, “it’s all in the details.”

As you go through the hotel’s common areas and down the halls that lead you to your home away from home, you notice that one common colour scheme is carried throughout. The mix of grey, cream, white and tan with dark and medium-toned woods create a soothing palette that make for a true homey feel, in conjunction with the highly stylish yet extremely comfortable furnishings.

This scheme is carried right down the halls with the painted faux wainscotting through to the hotel rooms themselves, which is where I drew most of my inspiration from and noticed many of the smaller details I made point of earlier. may 4 - 18, 2013 new Condo Guide 077

Each room feels perfectly filled and layered with pieces – nothing lacking, nothing owing.

Not one square foot of the interior of this structure was left unnoticed or untouched. The intricate doorknobs, carefully picked hardware, substantial baseboard, ceiling detail, Art Deco grid vent covers, door profiles and bevelled door panels are just the start of the list of particulars that The Surrey’s got covered. They even matched the subtle chevron pattern of the wall covering material behind the headboard to that of the throw on the bed.

I really adore how they mix the lighting too – each room has a carefully selected array of sconces, floor lamps, table lamps and pot lights, ready to set any mood you like with their pre-set options for activities such as reading or television watching, or you can control them yourself with dimmers 078 new Condo Guide may 4 - 18, 2013

and switches conveniently but discreetly located throughout the suite.

The layout and positioning of the furniture is another aspect that I also found to be extremely well-thought out. Each suite radiates the feeling that everything is exactly where it should be, with well-defined areas in a more open type of concept (sitting, working, sleeping, kitchen, eating). Each room feels perfectly filled and layered with pieces – nothing lacking, nothing owing.

And last but not least, the bathroom – or should I say the ensuite spa.

These beautifully designed bathrooms are just as comparable to their world-acclaimed Cornelia Spa. Just about every inch of these generously sized rooms are covered by exquisite Calacatta marble — from the floors, the walls and the vanities, the mix of patterns (brick and straight lay) and tile sizes — and they all scream opulence. The oversized mirrors, mix of lighting, rain shower, soaker tub and chrome finishes collectively equal one of the most beautifully designed hotel bathrooms you’ll ever see.

Now that I have found my love for The Surrey, I also find that it’s the main reason I keep going back to New York City – besides my work of course! I’ve always dreamed of living in a hotel. And if I did, it would be The Surrey. But for now, it’s just a dream that I can take parts of the luxury boutique hotel home by implementing some of their well-appointed features and design ideas into my own space.

Yanic Simard is the principal designer of the Toronto Interior Design Group.

Specializing in residential and commercial projects, Simard often applies his signature high/low and old/new combination design techniques in developing unique designs. Simard has created designs for clients in Toronto, Montreal and Miami, and has appeared as a regular guest expert on Citytv’s CityLine. For more information visit tidg.ca

may 4 - 18, 2013 new Condo Guide 079

All amenities are included in the price of entry including bar service after 11:00 a.m. (Toronto, Vancouver) and 10:00 a.m. (Edmonton)

For online bookings go to www.plaza-network.com/booking/FlightInfo.aspx?ECONREF=W2W2013

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may 4 - 18, 2013 new Condo Guide 081

snap2objects

your home

bedroom bouquet April showers bring May flowers, and make bouquets for June. Bring these florals into your home and youâ&#x20AC;&#x2122;ll enjoy blooms every season! // by elisa krovblit

one

four

two

five

three

082 new Condo Guide may 4 - 18, 2013

one WholeHome Classic Shanna 10-Piece Comforter Set. two Organic Cotton Sakura Duvet

$180 for any size. Visit sears.ca.

Cover and Shams in Desert Sunset. $26 TO $117. visit WEstelm.cOM three Rosette Nursery Collection. $40 TO $160. Visit dwellstudio.com four Marimekko Unikko Dusk, Duvet Cover and Sham. $40 TO $110 for Full/Queen. Visit crateandbarrel.ca five Emelina Knopp Duvet Cover and Pillow Case. $35 for full/queen. Visit IKEA.ca

COMING SOON to SHEPPA RD & WA RDEN

A new community offering comfort, convenience and culture.

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Starting at $238,000.

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HarmonyVillage.ca (SS WYPJLZ ZPaLZ HUK ZWLJPÄJH[PVUZ HYL Z\IQLJ[ [V JOHUNL ^P[OV\[ UV[PJL Rendering is artist’s impression. E. & O. E. Images are for mood and impression only.

083

condo profile

Harmonizing the real estate gap,

Harmony Village set to open in Toronto

t

orontoâ&#x20AC;&#x2122;s residential landscape is about to welcome a new standard in living. Harmony Village opening later this spring is designed for todayâ&#x20AC;&#x2122;s baby boom and seniors demographics who are looking to simplify their lives and start enjoying the freedom they have earned from years of hard work.

A modern, urban village concept set to launch at Sheppard and Warden Avenues will give buyers the opportunity to become part of a lifestyle concept that will revolutionize the real estate sector. Every element of architecture and design is focused on delivering living spaces that exceed all expectations for people looking to simplify their real estate needs without compromising their active lifestyle.

The concept is simple: provide people with beautiful and well crafted homes that are part of an integrated

084 new Condo Guide may 4 - 18, 2013

community that provides a full range of amenities and services right on their doorsteps. Jack Pong, president and CEO of City Core Developments who is spearheading the development, brought in the best architects, designers and planners to ensure his vision of the future of condo living exceeds all your expectations. â&#x20AC;&#x153;We conducted research to gain insights into what Canadians want in their next real estate purchase and found that 85 per cent of Canadians 60 years and older want to be part of an urban

incorporating the latest in sustainable and renewable systems, including geothermal air-cooling technologies. The development will also include LEED Gold design standards. For example, buildings are designed to have three times the standard insulation as required, energy saving lighting, as well as systems that reuse and recycle organic waste using our urban gardening plots on rooftops.

Learn more about Harmony Village by visiting the Presentation Gallery at 3260 Sheppard Ave., opening soon, to see firsthand our suite designs and sizes and fulsome amenities. Make Harmony Village your next home. For more information, please visit harmonyvillage.ca

village that includes on-site amenities. So clearly there is an opportunity for me to develop a comprehensive living solution that exceeded all expectations, and that’s Harmony Village.”

Harmony Village Sheppard will set new standard in amenities and services. Residents will be part of a robust community with all the comforts of home and much more. On-site shops and restaurants will cater directly to residents. Exercise facilities will be designed specifically to the needs of people looking to remain healthy and active. Health and wellness services, a pharmacy and a 24-hour concierge ensure that all needs are met.

Residents of Harmony Village will also be invited to join the various fitness and lifestyle activities offered through the on-site St. Paul’s L’Amoureux Centre (SPLC). This award-winning agency specializes in services to promote healthy aging.

“Our partnership with St. Paul’s is an incredible opportunity to ensure Harmony Village is a vibrant and welcoming community that sets a standard for all others to follow,” adds Pong.

Harmony Village will be a leader in Green living. The team of designers and architects are may 4 - 18, 2013 new Condo Guide 085

in the news

SKYLINE COMPLETES ACQUISITION AT BLUE MOUNTAIN $20-million acquisition includes retail assets and remaining developable land Skyline International Development Inc.,

one of Canada’s leading owners, operators and developers of resorts and destination communities, has closed on a $20-million investment and acquisition in Blue Mountain, Ont. Skyline has purchased both retail and undeveloped residential land interests in and adjacent to the renowned Blue Mountain Village at the base of Blue Mountain Resort which offers ski, golf and lodging.

Under the retail portion of the agreement, Skyline has acquired 50 per cent of existing commercial retail space within the Blue Mountain Village from current owner Intrawest ULC. In addition, Skyline will manage the remaining 50 per cent of the Village’s retail space. Skyline has also acquired the land to build an additional 20,000 sq. ft. of retail space to expand the Village retail.

Skyline’s retail interest under agreement at Blue Mountain is currently generating $1.5 million of net operating income.

In the residential portion of the acquisition, Skyline has acquired 136 acres of remaining developable land in and adjacent to the Village, with plans to double the Village’s current residential footprint. Skyline intends to develop 1,200 residential units, townhouses and single-family homes along the golf course and in the Village centre in the years ahead.

Founded in 1998 by visionary entrepreneur Gil Blutrich, Skyline has expanded rapidly, growing its asset base from $20 million (in 2000) to close to $300 million today with the acquisition of premier resort properties in southern Ontario.

086 new Condo Guide may 4 - 18, 2013

“We are very excited to be part owners of one of North America’s premier destinations. The Blue Mountain Village acquisition is an important milestone for Skyline’s growth. As of today, we can offer visitors and home buyers a unique set of fourseason activity-focused destination communities, extending from downtown Toronto and reaching across southern Ontario,” says Gil Blutrich, Skyline chairman. “We look forward to bringing the knowledge and expertise of our team to the table to make Blue Mountain this country’s top vacation destination, while offering more home buyers the chance to live in the heart of this thriving resort community and be connected to the rest of our portfolio.”

Founded in 1998 by visionary entrepreneur Gil Blutrich, Skyline has expanded rapidly, growing its asset base from $20 million (in 2000) to close to $300 million today with the acquisition of premier resort properties in southern Ontario.

The company recently introduced its innovative SkyLife Club, Ontario’s first year-round city and country club offering familyoriented recreational, leisure and social activities and benefits through the premier portfolio of Skyline Hotels & Resorts.

“Blue Mountain Village and real estate development is an ideal fit for our organization given Skyline’s experience as an owner and manager of other well-known Ontario resort properties such as Deerhurst and Horseshoe Resorts,” says Skyline CEO Michael Sneyd. “This acquisition not only makes financial sense and aligns with our long-term growth strategy, but strengthens our market position and creates opportunities for Skyline’s continued Canada-wide expansion.”

king & bathurst the oneeleven condominium residences at king and bathurst are 60% sold! presentation gallery + model suite located at 111 bathurst (bathurst + adelaide).

Prices start from the mid $200’s. don’t miss out on this amazing opportunity to live in king west. register today at oneeleven.ca or call 647 347 4111.

CONDOMINIUMS + LOFTS presentation gallery hours of operation monday to wednesday noon - 6pm thursday three - 8pm saturday & sunday noon - 5pm

the lobby at oneeleven

sophistication meets modern art, where a refined contemporary design enhances rich, inspired urban lifestyles.

Exclusive Listing Brokerage: Brad J Lamb Realty Inc. Brokers Protected.

Rendering is an artist’s impression. Prices and specifications are subject to change without notice. E.&O.E. January 2012 may 4 - 18, 2013 new Condo Guide 087

smart shopper

smart shopper

Exclusive discounts and deals for our readers

1

1 ADORNMENTS ON QUEEN Mannequins are popularly known as “Judy’s,” and Adornments On Queen has a very special one to offer!

A floor-standing model, adjustable in height, it stands a minimum of 52-in-h with a tripod base of 18-in-w. Solid and attractively decorated in script fabric, it is a practical and beautiful addition to the boudoir. Ready for your day’s clothing, an item requiring alterations or simply to display a favourite dress. Regularly $137 but until May 31, 2013 enjoy 15 per cent off.

338 Queen St. E., toronto | 416.955.4791 visit adornmentsonqueen.com

2

2 bayden cabinetry Luxurious top-of-the-line vanity designed by Bayden. High-quality finish with self-closing full extension drawer slides and crystal hardware. As shown with Bianco Carrara counter, sink and faucet.

Regular price is: $4,499, promotional price is $3,999. Offer valid to May 18, 2013.

315 Supertest Rd., Toronto | 416.818.8143 | Visit bayden.ca

3 3 a special place Turning your bedroom into a relaxing oasis begins with the perfect upholstered bed. Whether you go for patterned, textured or plain, A Special Place has a spectacular array of designer fabrics to choose from. Queen size bed as shown, is regularly $2,129 on sale for $1,699 until May 31, 2013.

1280 castlefield ave., toronto | 416.481.2077 1755 pickering pkwy, #18, pickering | 905.428.6317 for a location near you visit aspecialplace.ca

continued on page 92…

088 new Condo Guide may 4 - 18, 2013

LARGE AND FABULOUS UNITS, NOW UNDER CONSTRUCTION.

Expansive Outdoor Space

BALCONY 175 SQ.FT.

Split Bedrooms for Maximum Privacy

Open Concept Living/Dining Area

MASTER BEDROOM 10' 6" x 14' 6"

BEDROOM 2 11' 0" x 10' 6"

GREAT ROOM 13' 0" (10' 5") x 22' 6" (including Kitchen)

Ample Kitchen Storage

PANTRY

Windowed Ensuite

ENSUITE

FOYER KITCHEN

Oversize Shower

*Actual size of unit is larger than seen here!

THIS IS THE BEST VALUE ON THE TTC, ANYWHERE IN TORONTO. STILL WITH AN AMAZING SELECTION OF SUITES, INCLUDING THIS BRIGHT 2 BEDROOM CORNER UNIT! Construction at The Station is well underway, offering an incredible selection of large, well-designed suites, unlike the mini-matchboxes offered by our competition. Not only can you get 2 and 3-bedroom units, generous dens, expansive living areas, and spacious balconies. You also get Terrence Lukas-designed interiors, oversize showers, windowed ensuites, stainless steel appliances, and eco-friendly laminate flooring throughout. Plus, enjoy fabulous amenities like The Studio Club, fitness centre and Urbanas, the city’s first indoor/outdoor party rooms, complete with heated barbeque terrace. Located directly on the subway, and minutes from Yorkdale, it’s convenience, quality, and value, in North York’s most exciting record-breaking development. FROM THE LOW $400’S

VISIT OUR SALES OFFICE TODAY! WILSON SUBWAY

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SA LES O FFI C E TIPPET T, JUST SOUTH OF WILSO N AVE. MO NDAY TO THURSDAY 12– 6 PM / SATURDAY + SUNDAY 12–5 PM Prices and specifications subject to change without notice. E. & O.E. Illustration is artist’s impression.

Exclusive Listing Brokerage: The Condo Store Realty Inc., Brokerage. Brokers protected.

may 4 - 18, 2013 new Condo Guide 089

fEATURE

Rethinking the condo balcony David Leinster brings the Muskoka cottage to Ossington For many condo owners, their balconies are personal

escapes from the hustle and bustle of city life. These compact outdoor spaces, however, are often overlooked and underused.

To help purchasers of 109OZ make the most of their balcony and terrace space Reserve Properties enlisted the expertise of two of the city’s most prominent landscape architects – Scott Torrance, designer of the West Toronto Railpath, and David Leinster from The Planning Partnership – to create two upgraded balcony packages at 109OZ. “While people want to spend more time outside, urban condo balconies are still typically underused. We wanted to change that,” says Shane Fenton, vicepresident of Reserve Properties.

090 new Condo Guide may 4 - 18, 2013

Taking balcony gardens beyond standard container gardening, purchasers of the limited collection of CityScape Lofts at 109OZ can now choose from one of two balcony designs for their condo: Leinster’s Muskoka Cottage or Torrance’s Al Fresco Kitchen Garden.

Taking balcony gardens beyond standard container gardening, purchasers of the limited collection of CityScape Lofts at 109OZ can now choose from one of two balcony designs for their condo: Leinster’s Muskoka Cottage or Torrance’s Al Fresco Kitchen Garden. Both balcony concepts offer convenient, multi-functional and low maintenance outdoor gardens that purchasers can enjoy year-round. These cleverly curated outdoor spaces become extensions of indoor living space, inviting purchasers to maximize a very valuable asset of their real estate: private outdoor space.

“I took the idea of escaping to the cottage for the weekend and brought it to the condo,” says David Leinster of The Planning Partnership. Leinster, who worked on the award-winning Sugar Beach, an urban getaway in the heart of Toronto’s inner harbour, took inspiration from the informal comforts of Muskoka cottages and the eclectic blend of finishes and furnishings that makes cottage life so welcoming.

Using the same modern aesthetic he helped bring to Sugar Beach, Leinster created a playful and inviting Muskoka themed balcony design for 109OZ. “Muskoka is where people go to escape the city and kick up their feet, I wanted bring that casual relaxed lifestyle to the city for people who may not have a cottage to go to,” says Leinster.

A contemporary cottage retreat is created by pairing a dock-inspired deck with an eclectic mix of furnishings. A daybed with decorative pillows invites purchasers for an afternoon escape from the city, while teak stools function as either a coffee table or additional seating for guests. Planters with a northern granite finish, reminiscent of the Canadian

Shield, are placed throughout the outdoor living space and can be used for hardy grasses and seasonal plantings.

The Muskoka Cottage design also comes outfitted for outdoor dining and entertaining, with a sleek folding table and cottage plaid dining chairs. Northern Ontario herbs hanging in terra-cotta pots on a custom designed trellis and a compact element grill create a rustic and green private outdoor cooking space.

Whether you choose to dine in the open air, or lounge on the daybed with a good book, the entire scene is illuminated with portable LED lamps, which provide a warm glow to accompany any evening activity.

One-bedroom to two-bedroom plus den lofts at 109OZ range from 603 to 1,013 sq. ft. and are priced from the mid $300,000s. The 109OZ Presentation Centre is located at 109 Ossington Ave. Hours are Tuesday to Friday 1 to 7 p.m., Saturday and Sunday noon to 5 p.m. For more information, visit 109OZ.com, call 416.531.4844 or e-mail ask@109OZ.com

may 4 - 18, 2013 new Condo Guide 091

smart shopper

continued…

5 x-tile canada Changing up your floors is a breeze with X-Tile’s Easy, Habitat, Serena and Touch series that now come in 17 beautiful colours. This contemporary and versatile look will give the impression you spent a lot more than you did on your flooring. At $1.99 per sq. ft., this is X-Tiles’ best deal to date! Offer valid to May 18, 2013.

4

78 Signet Dr., Unit 6, toronto | 416.749.7111 563 Queensway E., Mississauga | 905.949.8453 for Showroom Hours Visit x-tile.net

5 4 Alta Moda Furniture Choose from hundreds of fabrics and different finishes to customize your very own Brooklyn chair from Alta Moda for $1,150 until May. 31, 2013. Regular price is $1,495. Pictured here in distinguished Herringbone.

680 rivermede rd., concord | 416.636.5495 visit altamodafurniture.COM

6 6 arrow furniture Unbelievable deal! 65 per cent off of this 80in TV stand with long nickel hardware and solid wood and veneers in a beautiful blond finish. $299 while quantities last.

For locations visit arrowfurniture.com

092 new Condo Guide may 4 - 18, 2013

QUEEN ST. E

PRESENTATION CENTRE

ADELAIDE ST. E KING ST. E FRONT ST. GARDINER EXPRESSWAY

DON VALLEY PARKWAY

ONTARIO ST.

N

PARLIAMENT ST.

SHERBOURNE ST.

JARVIS ST.

RICHMOND ST. E

condo watch

previews & registrations West Tower

by Daniels Corp.

Coming soon: The dawn of a new landmark community in Erin Mills.

Web: DanielsErinMills.com

Coming soon to Oakville – the South Tower at Rain Condominiums. Register now.

Web: RainCondos.com

Centro Square

by Liberty Development

Skycity Condominiums

by Pemberton Group

A master-planned community in the heart of Woodbridge. Register now.

Web: CentroSquare.ca

A master-planned urban community in Richmond Hill Web: SkyCityCondos.com

The Clairington

by Castleridge Homes

Upper Village Markham

by Greenpark

Active adult living in a parkside condominium in Brampton.

Web: TheClairingtonCondos.com

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

Courtyards of Maple

by Marino/Intercity/TriAxis

European-inspired condos coming soon to Maple. Register now to stay informed.

Web: CourtyardsOfMaple.com

Downtown Erin Mills

by Pemberton Group

Coming soon to Erin Mills: condo living with a downtown vibe. Register now.

Web: DowntownErinMills.com

Fairground Lofts

by Wycliffe Homes

Urban lofts are coming to Woodbridge Village.

Register now for preview.

Web: FairgroundLofts.ca

Grand Palace

by Guizzetti Corp.

Register now for the timeless art of living!

Now under construction.

Web: GrandPalace.ca

Limelight

by Daniels Corp.

Coming soon: The final glorious chapter of Mississauga’s beaming success story.

Web: LimelightCondos.com

Park City Condominiums

By Tobyn Park Homes

Currently in pre-construction at Walkers Line and Upper Middle Road in Burlington.

Register now.

Web: ParkCityLiving.ca

Pinnacle Uptown

by Pinnacle International

Construction has started on Mississauga’s live-work-play community. Register today.

Web: PinnacleUptown.com

094 new Condo Guide may 4 - 18, 2013

Rain Condominiums

by Empire Communities

Now registering, UV2 – the North Tower.

South Tower is already 90 per cent sold and under construction.

Web: UV2.com

Windows on the Green

by Vandyk Communities

A beautiful selection of condos coming soon to Mississauga on Erin Mills Parkway.

Web: WindowsOnTheGreen.ca

new releases & grand openings Allegra

by Nova Trimax

Affordable luxury, steps from the Village of Woodbridge. Construction started on Phase 1.

Web: AllegraCondos.com

Garden Court Condos

by Monarch

Now open in Markham. Visit the Experience Centre at 10350 Woodbine Ave. Web: MonarchGroup.net

PSV2 & Parkside Village Townhomes

by Amacon Developments

Offering the convenience of downtown living with the tranquility of a suburban context.

Grand opening.

Web: LifeAtParkside.com

GTA Edition May 4 - 18, 2013

Your complete source for condos, lofts and townhomes in the 905 region

IN THIS SECTION Maps and listings for new condo communities in the 905 region Builder news and the latest in condos in the 905

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17 Pemberton Group

Downtown Erin Mills Condominiums

30 Pinnacle International

TH* C*

Price Range

Page

Finder

PembertonGroup.com

•

from $250,000

8

6C

Pinnacle Grand Park 2

905-276-3981

•

from $250,000

103

20L

38 Tridel Corporation

Ventus at Metrogate

416-293-5535

•

from $344,000

BC

19J

45 Empire Communities

Rain Condominiums

raincondos.com

•

from $260,000

99

17Q

•

from $250,000

16M

•

1

Pemberton Group

Miracle in Mississauga

905-603-6300

2

The Daniels Corporation

FirstHome™ Long valley Phase two

905-814-0123

•

from $279,000

15M

3

Castle Group

Tuscany Gates

905-501-9557

•

from $340,000

20J

4

Conservatory Group

Mirage

905-232-2400

•

from $250,000

20K

6

Conservatory Group

Widesuites

905-897-8536

•

from $375,000

21K

8

Fernbrook Homes

Absolute Vision

905-803-0556

•

from $188,000

21k

8

Cityzen

Absolute Vision

905-803-0556

from $188,000

21K

•

21K

•

10 AMACON

The Residences at Parkside Village

lifeatparkside.com

12 Alterra Homes

Renaissance in Olde Brampton

905-454-7222

•

from $215,000

13d

12 Alterra Homes

Renaissance in Olde Brampton

905-454-7222

•

from $215,000

13d

14 Pemberton Group

Rosedale Village Golf & Country Club

905-799-5000

•

from $190,000

12e

16 Vandyk Communities

Windows on the Green

905-822-3333

from $270,000

17M

18 Retirement Lifestyle Communities

Palisades on the Glen

905-820-8210

•

from $290,000

17M

19 United Lands

Stonebrook II

905-822-8858

•

22n

21 Casino Bay Dev. Corp./Toddglen

Panoramic Point at Brewery Bay

27 Inzola Group

•

1-866-611-5525

•

from $264,000

7Q

Park Place

905-451-7001

•

from $310,000

14G

30 Pinnacle International

Pinnacle Grand Park

905-276-3981

•

from $250,000

20L

31 Pemberton Group

Bluwater Condos

416-987-8800

•

from $350,000

17T

32 Armour Heights Developments

River’s Edge

905-533-2400

•

from $285,000

14A

34 Pinnacle International

Pinnacle Uptown, Crystal 2

905-568-9000

•

from $250,000

19K

35 Ashley Oaks Group

Emporium at Joshua Creek

905-618-0660

from $200,000

17P

36 Mady Development

Market Town Condominiums

705-719-1222

•

from $144,000

5r

38 Tridel Corporation

Metrogate - Ventus 2

416-293-5535

•

from $302,000

19J

39 The Daniels Corporation

Limelight Condominiums

905-306-6996

•

from $200,000

21L

46 Mattamy Homes

The Mount Pleasant Village

mattamyhomes.com

•

from $200,000

20M

47 The Daniels Corporation

Erin Mills

•

17M

*TH: Townhomes, C: Condo

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

•

•

905-306-6996

Attention Builders - Want to add your community to our maps?

Need to update existing information? Please fax the details to (416) 789-9554

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

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1

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2

3

4

5

6

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16

17

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Arthouse

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Catalia Development

Summer Palace

905-597-6868

Sky City 2

32 Liberty Development Corp.

31 Pemberton Group

Telephone

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arthousemarkham.com

7 407

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26

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Keele St

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Price Range

Page

Finder

from $200,000

109

22E

•

from $250,000

111

15F

905-709-5700

•

from $320,000

9

12F

Royal Gardens

905-889-9997

•

36-37

14f

43 Guizzetti Developments

Grand Palace

905-907-4370

•

from $295,000

105

12E

44 Liberty Development Corp.

Centro Square Condos 2

905-851-8877

•

35

4G

46 Empire Communities

The Mark

themarkcondos.ca

•

from $250,000

45

21E

1

Monarch Corporation

Garden Court

monarchgroup.net

•

from $250,000

16D

3

Remington Group

Downtown Markham - Rouge Bijou

905-948-9900

•

from $180,000

18f

4

Tridel Corporation

Renaissance of Richmond Hill

416-736-9500

•

from $720,000

12G

5

State Building Group

Promenade Park

905-709-3352

•

from $410,000

10g

6

Uppercity Village

Greensborough Village

905-489-9964

7

MintoUrban Communities Inc.

WaterGarden

416-915-3800

9

Amicorp

Terraces on the Park

905-265-8739

10 Great Lands Corp.

The Beverly Hills Resort Residences

905-882-6636

11 Triaxis Development Inc/Marino Developments

Courtyards of Maple

416-798-7070

•

20 Solmar Development Corp

Bellaria Residences

905-417-8482

•

from $240,000

7e

22 Quadra Mgt. & Sceptre Devs.

Renaissance Court at Woodbridge Gates

905-851-4220

•

from $230,000

3G

22 Wycliffe Homes

Fairground Lofts

905-605-5900

•

from $287,000

3G

24 Liberty Development Corp.

The Fountains

905-731-8302

•

from $272,000

10F

26 Rice Development

Ambria

905-796-3630

•

from $340,000

3F

28 Chestnut Hill Homes

San Francisco by the Bay

905-831-3631

•

from $180,000

22C

31 Pemberton Group

Miracle at Yonge

905-709-5700

•

from $280,000

12F

Sky City

905-709-5700

•

from $320,000

12F

32 Signature Communities

TAO Boutique Condos

905-597-2535

•

from $200,000

14F

34 Sierra Homes

68 Main Street

905-305-0822

•

from $250,000

22F

35 Remington Group

Nexus North Condominium Residences

905-948-9900

•

from $200,000

17F

40 Nova Trimax

Allegra

905-850-6866

•

from $250,000

1F

Vista Parc Condominiums

905-850-8883

•

42 Greenpark Homes

The Upper Village

905-554-6501

•

from $288,000

21E

44 Liberty Development Corp.

Centro Square Condos

905-851-8877

•

4G

44 Liberty Development Corp.

Corporate

mylibertycondo.ca

•

4G

45 Kylemore Communities

The 6th Angus Glen

•

19E

31 Pemberton Group

41 Quadcam Development Group Inc

*TH: Townhomes, C: Condo

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

•

from $249,000

23e

•

from $254,000

11G

•

from $210,000

3f

from $250,000

13F

from $390,000

8E

•

•

905-887-9950

from $455,000

3F

Attention Builders - Want to add your community to our maps?

Need to update existing information? Please fax the details to (416) 789-9554

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Hours: Mon-Fri 12-6, Sat, Sun & Hol 12-5 521 Kerr St., Oakville, L6K 3C9

@EmpireRain /EmpireRainCondos may 4 - 18, 2013 new Condo Guide 099

condo profile

Register now for

PEMBERTON’S SKYCITY 2 in Richmond Hill

above

Next-generation amenities include a large pool

t

his spring, Pemberton Group will introduce SkyCity 2, the second tower at highly successful SkyCity Condominiums in Richmond Hill.

Located in the established Richmond Hill City Centre transportation hub, the master-planned SkyCity community is within walking distance to York Region Transit, the GO Train to Union Station, and GO bus service. Hwys. 404 and 407 are all close by, as are the many shopping, dining and entertainment venues found in the Yonge Street-Hwy. 7 corridor.

Register now to be among the first to explore this bold new vision for living in an exciting urban area.

The Town of Richmond Hill is one of Canada’s fastestgrowing and most sought-after municipalities because of its proximity to Toronto and the high quality of life residents enjoy. SkyCity 2 prices will begin from the low-$300’s, and many of the first tower’s most popular floorplans will also be available.

100 new Condo Guide may 4 - 18, 2013

Enjoy living in a community where Pemberton’s master plan incorporates inviting courtyards and beautiful landscaping. The two 20-storey contemporary towers will rise from a three-storey central podium housing next-generation amenities. Each tower has its own lobby with attentive 24-hour concierge service.

Community amenities include SkyGarden, a striking landscaped rooftop terrace that will feature gazebos, arbours, a fireplace with lounge-style seating, barbecue stations and an alfresco dining area.

Amenities extend to a multi-media theatre, two video gaming rooms, a chic party room, dining room and meeting room/library. SkyGarden also has an exercise room, yoga/ Pilates studio, indoor swimming pool, change rooms with steam showers and a lounge with a double-sided fireplace. The condominium will also offer two furnished guest suites.

SkyCity 2’s modern openconcept suite designs will be appointed with Pemberton’s renowned high-quality features and finishes. These include (all as per plan) laminate flooring throughout, large windows and nine-ft. ceilings in the principal rooms. Kitchens are equipped with stainless steel appliances, contemporary cabinets with 40-in.-high uppers, Caesarstone or

Community amenities include SkyGarden, a striking landscaped rooftop terrace that will feature gazebos, arbours, a fireplace with loungestyle seating, barbecue stations and an alfresco dining area. Amenities extend to a multi-media theatre, two video gaming rooms, a chic party room, dining room and meeting room/library.

granite countertops, a glass or marble mosaic backsplash and work surface lighting. Bathrooms, most with a soaker tub and separate shower with frameless glass enclosure and door, have porcelain tile flooring and Caesarstone or granite countertops.

To fully appreciate Pemberton’s exquisite designs and finishes, visit the SkyCity website for virtual tours of the 695-sq.-ft. one-bedroom plus den, and the 1,035-sq.-ft. two-bedroom plus den designs. There are also actual view photos taken from the first tower’s 960-sq.-ft. two-bedroom plus den unit.

SkyCity 2 prices will start from the low-$300’s, and will include one underground parking space and a locker. Register now for the best selection of suites and floors.

With more than 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.

above

SkyGarden is a landscaped rooftop terrace

The SkyCity Presentation Centre and furnished kitchen/living room vignettes are on Red Maple Road, at Yonge and Hwy. 7. To register now for the best selection of suites and floors at SkyCity2, visit skycitycondos.com or call 905.709.5700. For an overview of Pemberton’s communities, visit pembertongroup.com. You can also follow Pemberton on Facebook and Twitter.

may 4 - 18, 2013 new Condo Guide 101

CHINESE HOME & CONDO GUIDE 網上 參閱

Chinese home and condo buyers and investors now have a new comprehensive, full gloss real estate magazine to inform and guide them through the buying process in the Greater Toronto Area.

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Launched in 2012, the Chinese New Home and Condo shopper and investor will have a valuable new resource to help inform and guide them through the newest communities in the Greater Toronto Area.

Pick Up Your Copy Today or call us for a free copy at 416.626.4889!

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guide cover FA.indd 1 BOUR 28730 chinese condo 3.indd 1 GTA Chinse Front Cover_04271

102 new Condo Guide may 4 - 18, 2013

創刋一 週年誌慶 2013-04-05 4:37 PM 4/19/13 9:16:13 AM

the scoop Couldn't you just picture yourself lounging in this chic space? From the comfy sofa and chaise to the warm colour palette, mismatched pillows and curated mix of textures –we love everything about this springy setup! For more information visit westelm.com

Scoop this look!

the scoop catch up on dÉcor news, inspiration, style and more // by sara duck

01 Yellow

is a hot hue this season!

1 Karlstad Armchair

and Chaise Lounge in Blekinge white. $619.

Visit ikea.ca

2 Cushion from Pima

Collection. $20.

Visit bouclair.com

02

03

3 Sweater-Weave

Basket Tote. $60.

Visit chapters.indigo.ca continued on page 108…

104 new Condo Guide may 4 - 18, 2013

NO

WU

Escape to our

ND

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NS

TR U

CTI

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YONGE ST.

WELDRICK RD.

BAYVIEW AVE.

MAJOR MACKENZIE DR.

16TH AVE.

PRESENTATION CENTRE

9612 Yonge St. Richmond Hill 905.907.4370 www.grandpalace.ca

Exclusive listing: Royal LePage —Your Community Realty Brokerage Broker Protected E&EO. Prices and Specifications are subject to change without notice. Illustration is artist concept. may 4 - 18, 2013 new Condo Guide 105

ON

condo profile

Grand Palace

A reigning residence illuminates Richmond Hill skyline

a

s the town of Richmond Hill gears up for the debut of its most prominent condo residence yet, suburbanites with big city dreams will soon have a place to call home.

Built for comfort, bursting with urbanity and sleek in contemporary design, Grand Palace will crown the sky of the Yonge Street Corridor with impressive architectural presence and admittance to an exclusive modern lifestyle.

Developed by innovative builder Guizzetti Corporation, Grand Palace brims with all the luxurious pleasures one would only find in a downtown dwelling – until now.

“You’ve worked hard your whole life,” says Guizzetti Corporation President Stefano Guizzetti. “We’ve worked hard to bring you everything you deserve.” With building underway, the landmark endeavour is the second residential project by the leading build firm, which has been praised for its rare punctuality in an industry often set back by construction delays.

106 new Condo Guide may 4 - 18, 2013

Nestled amongst million-dollar homes, the development’s three 15-storey glass condo buildings – designed by the acclaimed architectural firm Hariri Pontarini – embrace stylish and spacious designer suites and town lofts with airy nine-ft. ceilings. Sleek features and energy-efficient appliances, including Fisher & Paykel refrigerators, Whirlpool stainlesssteel dishwashers and ovens, full-sized washers and dryers, granite countertops and premium porcelain tiles, are awash in natural light which spills through the contemporary glass walls that encase each of the 524 suites.

Its quality features give way to the beauty of modern living, but the added perk of in-suite climate control distinguishes Grand Palace’s attention to detail and emphasis on comfort and ease. This addition gives residents the freedom to set the temperature of their living space according to their needs, an

uncommon luxury in conventional condos where heating and air conditioning is often left in the hands of the building. “We strive to be the best at what we do.

Not mediocrity: the best,” says Stefano Guizzetti, with partners Jack Scivoletto and Albert Gasparro.

The discernible Grand Palace also boasts lifestyle amenities that are second to none. Convenient on-site party rooms, conference centres, guest suites, outdoor terraces perfect for summer soirees and a 24-hour concierge fulfill all social and entertainment essentials.

A blossoming winter garden brings the heart of nature to the residents of Grand Palace all year long, while an unprecedented luxury spa brings tranquility to an

otherwise hectic day. Encouraging wellness of mind and body health, the Grand Spa is fitted with a fitness space, yoga studio, sauna, pool, whirlpool and lounge. The Grand Palace is also surrounded by various commercial and retail spaces, and close to amenities such as entertainment and transit for carefree work commutes and a hassle-free way of life.

Offering an affordable yet luxurious lifestyle in a town where a burgeoning population is seeking a modern yet comfortable way to live, Grand Palace is the place where families and young professionals alike can begin the next chapter of their lives. “Grand Palace is just one more in a series of incredible contributions made to the town of Richmond Hill over the years,” says Richmond Hill Mayor Dave Barrow. “I have to congratulate (Guizzetti Corporation). (It) has come forward with this project (Grand Palace Condominiums) and other projects in a community that fulfills the vision that we have. We are changing from a suburban community to an urban community, and these projects, beautiful as they are, certainly fit where we want to go as a community.”

Visit the new sales office at 9612 Yonge St., Richmond Hill, to pre-register for Grand Palace’s executive town lofts! Call 905. 907.4370 or visit grandpalace.ca for more information. may 4 - 18, 2013 new Condo Guide 107

the scoop

continued…

Trend alert

Image spring 2013 ready-to-wear Louis Vuitton collection.

Photo by Chris Moore, catwalk Getty Images.

Patterns!

Checks, floral, ikat, chevron, we adore it all! There is no doubt that patterns are hot this season. So give your space an instant update with a patterned accent chair. We love the idea of adding these hot seats in your living room or one at each end of your dining table.

Burke Armless Upholstered Slipper Chair in Gray Chevron. $170.

Visit target.ca

Avery Accent Chair. $799. Visit urbanbarn.com

It’s easy being Green!

We asked Gordie Wornoff, artist, environmentalist and renovating warrior who heads up the company, A Higher Plane, to reveal his top 10 tips for Green living at home.

1 Wash and reuse your plastic bags– ziplocks, bread bags, milk bags.

2 Start an herb garden in a front garden or flower pot container. Some herbs come back every year – sage, thyme, mint and lavender are all perennials.

3 Use house plants in your home to improve indoor air quality. Grow them in your home and detoxify your air naturally.

4 Keep watering cans handy to pour gently used water into – water from salad spinners, from hardboiled egg water.

5 When you boil corn or hotdogs in water, use the still-hot water to pour on

pesky weeds growing up through your patio pavers and driveway bricks. It's a good way to lessen our reliance on chemicals.

6 Try fasting one day a month and reflect on some issues such as poverty and hunger, abundance and allocation of resources.

7 Save and reuse your plastic containers with screw-on lids. The handydandy person in your life can put screws, nails and other goodies in there without worries of shattering.

8 If you need to paint your house, try using milk paints or low-VOC paints. Most major brands offer lowVOCs and the benefit is

less off-gassing of harmful toxins into your air supply.

9 Avoid vinyl in your home because it emits harmful odours – it can be found in windows, carpeting, flooring and siding.

10 Stay away from bottled water at all costs – it is often treated the same way as city water and leads to a water-elitism that destroys natural aquifiers and could be better used by animals and farmers. If you are concerned about contaminants, get a filter and a reuseable water bottle and it will save you money.

For more information visit ahigherplane.ca

continued on page 110…

108 new Condo Guide may 4 - 18, 2013

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MAR K HAM R D

16t h AVE MCCOWAN R D

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ART HOUSE CONDOS

PRESENTATION CENTRE B U R OAK AVE

HI GHWAY 7

407

may 4 - 18, 2013 new Condo Guide 109

the scoop

continued…

Crush!

Currently going bananas over Bluebellgray's cushion collection exclusively at Indigo. This UK brand is known for its use of vibrant hues combined with stunning floral design. Each design is painted by hand in their Glasgow studio before being printed onto natural cottons and linens using state of the art printing technology. Give your sofa a pillow makeover today!

Red Rose Pillow. $69.

Visit chapters.indigo.ca Cerise Pillow. $69.

Visit chapters.indigo.ca

PsSST! Did you know there are more than 68,000 home electrical fires each year in North America? That's a scary stat, no? Just in time for spring home repairs, Birnie CurrentSAFE motivates homeowners to ask the question, “How safe is your home?" Birnie Electrical Ltd. has been providing home electrical services since 1967. Take advantage of their free home assessment, and let professionals put your mind at ease when it comes to all your electrical needs. Visit makemyhomecurrentsafe.com

Our fave eco-friendly pick Bring the outdoors inside with this table from Cherrywood Studio. This beautiful table was created from two slabs of a salvaged walnut tree reclaimed in southern Ontario. We think the natural wood paired with a metal base is a perfect mix. $5,500. Visit cherrywoodstudio.ca

110 new Condo Guide may 4 - 18, 2013

Falling products and bruised toes are a thing of the past with this spacesaving tension caddy – which fits conveniently into any shower or bath.

With ample space for all your beauty loot this caddy will keep your clutter under control.

Stainless Steel Tension Shower Caddy. $150. Visit solutions-stores.ca

SUMMER PAL ACE CONDOMINIUMS HERE IN RICHMOND HILL ...

THE WORLD REVOLVES AROUND YOU!

BANK OF CHINA

S H E R ATO N

DESTINY JACK ASTOR'S

VIVA

Summer Palace living, is living in the centre of it all. The third phase of downtown Richmond Hill's highly successful Four Seasons Gardens puts you front row centre in the prized Entertainment District of the North. Interiors inspired by award winning Union 31, exceptional suite designs with soaring 9' ceilings, granite kitchen counter tops. Acres of outdoor amenity MOXIE'S space, set in a world class master planned community. Visit us today to see why we say the THE KEG world revolves around you at Summer Palace.

HWY 404

HWY 7 SENECA

FROM THE MID

$200's COMPLIMENTARY UPGRADES Free Parking Free Locker $5000 Free Upgrades

N

404 HWY

IE ST LESL

K RD CREE AVER W BE

RD REEK VER C E BEA

SALE E OFFIC

7 HWY

REGISTER NOW 905 597 6868

info@fourseasonsgarden.ca PREVIEW CENTRE: 9140 Leslie Street, Unit 412, Richmond Hill, ON.

Prices and specifications subject to change without notice.

See sales representatives for details. Renderings and images are for mood and impression only. E.&O.E 2013.

condo profile

Richmond Hill

Where the world revolves around you

c

atalia Development Group is bridging the gap between Markham and Richmond Hill – literally and figuratively! Over the past five years, Catalia Development Group has been quietly transforming Richmond Hill’s entertainment district while edging toward Markham with its master-planned community, Four Seasons Garden.

When complete, Four Seasons Garden will be home to five stately residential towers strategically located at the eastern edge of Richmond Hill, with a connection to Markham via a four-lane boulevard that will fly over Hwy. 404. The world will be at your doorstep.

112 new Condo Guide may 4 - 18, 2013

“Nowhere else north of Bloor Street will you find so many amenities in such close proximity, not to mention the convenience of four major highways and VivaNext Rapid Transit at your doorstep,” says Scott Davie of Milborne Real Estate, who is managing the upcoming launch of Phase Three of Four Seasons Garden – Summer Palace.

Launched in 2009, Phase One

With more than 25 years of experience in all aspects of the real estate industry, Catalia Development Group brings its strong reputation to Four Seasons Garden. Where the world revolves around you. was an overnight sellout to local buyers aware of the great benefits of this area. It’s known as “the entertainment district of Richmond Hill and Markham,” says Davie. With the success of Phase One came the launch of Phase Two in 2011, again selling out quickly to a very local market. With Phase Three set to launch, Catalia Developments is ready to announce to the world that East Beaver Creek and Hwy. 7 is the epicentre of cosmopolitan condominium living.

No matter your mood, you’ll be a short walk to the area’s great amenities. Feel like steak dinner? The Keg is at your doorstep. Catching up with friends?

Moxie’s or Destiny’s is the perfect place. Date night?

Take in a movie at the cinema. Summer Palace is also close to many of York Region’s top rated schools, such as Adrienne Clarkson Public School, Thornlea High School or Seneca College. You’ll be able to travel

conveniently across York Region to the Yonge Street Subway extension using the reliable VivaNext Rapid Transit System that is just at your doorstep.

And to make life at the Summer Palace even better, you can enjoy a variety of on-site amenities and recreational needs.

A sophisticated first impression begins the moment you enter the grand two-storey lobby designed by award-winning Union 31, where you are greeted by a uniformed concierge while a water feature sparkles in the background.

Or you can chose to entertain in the exclusive private dining room or catch the game in the private lounge that features an elegant wet bar and fireplace. Pamper yourself as you unwind by the Jacuzzi spa, plunge pool and sauna or raise your heartbeat by doing lengths in the swimming pool. Beautiful gardens and a nature path will wrap the entire community.

Summer Palace interior layouts are designed to maximize light and usable space with a higher level of finishes including nine-ft. ceilings, designer kitchen appliances, granite counters, undermount sinks, contemporary soaker tubs and thermally insulated, energy efficient, double glazed aluminum windows. Suite sizes range in size from 585 to 2,072 sq. ft. Ground floor suites feature walkout patios that open to lush garden.

With more than 25 years of experience in all aspects of the real estate industry, Catalia Development Group brings its strong reputation to Four Seasons Garden. Where the world revolves around you.

For more information, register online at summerpalace.ca may 4 - 18, 2013 new Condo Guide 113

IN THE MARKET FOR A

NEW HOUSE

OR A CONDO?

We think finding a home is a lot more than simply finding the right property.

Thatâ&#x20AC;&#x2122;s why we put you right in the middle of the search process.

Search your favourite neighbourhood

Find out about nearby services and amenities

View new construction projects and register to get the latest info

Visit the new real estate section on canpages.ca and start looking for that special place.

Powered by

114 new Condo Guide may 4 - 18, 2013

ONE YEARLIP TS FREE BOAAGE & STOR 00

CONSTRUCTION STARTING SOON

$5,0 APPROX. VALUE*

DROP IN & TOUR OUR ALEX-CHAPMAN DESIGNED MODEL SUITES TODAY.

Whether you’ve lived in Port Dalhousie for much of your life… or whether you’ve always wanted to live in this kind of waterfront location, Port Place offers you a once-in-a-lifetime opportunity to enjoy a carefree condominium lifestyle like no other!

STARTING FROM

$297,990

ST. CATHARINES

SPECIAL LIMITED-TIME BONUS OFFER: Reduced prices for next 20 12 purchasers only.

PORTPLACECONDOS.COM

905.937.5811

*For a limited time only, the Port Dalhousie Marina is offering a special bonus for boaters with ONE YEAR’S FREE BOAT SLIP & STORAGE – valued at $5,000 – to purchasers at Port Place who wish to berth their pleasure boat just steps from their new home. Talk to a Sales Rep for complete details. Prices and specifications are subject to change without notice. E.&O.E.

may 4 - 18, 2013 new Condo Guide 115

condo watch

new releases & grand openings 36 Hazelton

by Alterra

Construction has started at this luxury boutique condo in the Yorkville neighbourhood.

Web: 36Hazelton.com

101 Erskine

by Tridel

A quiet sensibility in the midst of Yonge and Eglinton. Grand opening.

Web: Tridel.com/101erskine

Avani at Metrogate

by Tridel

New suite release at Metrogate’s newest address at Kennedy and Hwy. 401.

Web: Tridel.com

416

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

The Bond

by Lifetime Developments

New release – top five floors. Introducing The City Collection at Adelaide and John. Now open.

Web: TheBond.ca

E Condos

by RioCan, Bazis, Metropia

Condominium residences on the northeast corner of Yonge and Eglinton. Grand opening.

Web: ECondos.com

Exhibit

by Bazis, Metropia, Plaza

Limited edition penthouse collection at Bloor and Avenue Road.

Web: Bazis.ca

Fuse 2

by Neudorfer Corporation

Now releasing phase two of this master- planned community in Davenport Village.

Web: FuseCondos.com

Gramercy Park

by Malibu

An urban oasis built around a private park in North York. Move in soon.

Web: GramercyPark.ca

Imperial Plaza

by Camrost Felcorp

New suite release at Yonge and St. Clair.

Book your private appointment today.

Web: ImperialPlazaToronto.ca

Ivory

by Plaza

Newly released Pure Platinum Penthouse Collection on Adelaide, in the heart of old-town Toronto.

Web: PurePlaza.com

Life Condominiums

by Chestnut Hill Homes

A stylish, 13-storey midrise at Yonge and Merton with 149 spacious suites. Now open.

Web: LifeCondos.ca

The Madison

by Madison Homes

Grand opening of Top Floors at Yonge and Eglinton.

Web: MadisonCondos.ca

One Bloor

by Great Gulf

New suite release at this coveted Yonge and Bloor condo, now under construction.

Web: OneBloor.com

Picasso

by Monarch Corp. & The Goldman Group

Now open, an iconic building in the heart of the evolving Entertainment District.

Web: MonarchGroup.net

Post House

by Alterra

Construction underway at this boutique condo in the St. Lawrence Market neighbourhood.

Web: PostHouseCondos.com

Rise

by Reserve Properties

Downtown living at a mid-town price.

Grand opening and new release.

Web: RiseCondos.com

River City 2

by Urban Capital

New release of penthouses with rooftop terraces and townhomes up to 1,877 sq. ft.

Web: RiverCityToronto.com

Vivid

by Pemberton Group

Grand opening continues at Pemberton’s Vivid at Islington and Bloor.

Web: VividCondos.com

X2 Condos

by Lifetime & Great Gulf

Sophisticated condominium now under construction at Jarvis and Charles.

Web: X2Condos.com

continued on page 124…

116 new Condo Guide may 4 - 18, 2013

GTA Edition May 4 - 18, 2013

Your complete source for condos, lofts and townhomes in Toronto

IN THIS SECTION Maps and listings for new condo communities in the 416 region Builder news and the latest in condos in the 416

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

# Builder 2 Great Gulf Homes 4 Gairloch Investments 6 Cresford Development Corp.

7 The Daniels Corporation 10 Empire Communities 12 North Drive Investment 16 Freed 20 Tower Hill Development Corporation 21 Easton’s Group 21 Remington Group 22 Monarch Corporation 24 Greenpark Homes 37 Cresford Development Corp.

52 Cresford Development Corp.

85 Harhay Developments 85 Carttera 99 Great Gulf Homes 117 Bazis Inc. 117 Metropia 117 Plaza 120 The Daniels Corporation 124 Pinnacle International 129 Concert Properties 131 Lanterra Developments 137 Alterra Homes/Finer Space 140 Eden Shaw 140 45 Charles Ltd. 149 Camrost - Felcorp 162 Pianosi Developments 171 Camrost - Felcorp 179 Graywood Developments 189 The Daniels Corporation 192 MintoUrban Communities Inc. 198 Menkes Developments Inc. 200 Freed 200 Carttera 202 Bazis Inc. 202 Rio Can 202 Metropia 206 Mod Developments Inc. 215 Dundee Kilmer Developments 216 Tridel Corporation 1 Goldman Group & Lash Dev. Corp.

1 Goldman Group & Lash Dev. Corp.

1 Goldman Group & Lash Dev. Corp.

3 Concord Adex 3 Concord Adex 3 Concord Adex 3 Concord Adex 3 Concord Adex 5 Onni Group of Companies 5 Onni Group of Companies 8 Cresford Development Corp.

8 Cresford Development Corp.

8 Cresford Development Corp.

8 Cresford Development Corp.

9 Aspen Ridge Homes 11 Menkes Developments Inc. 11 Menkes Developments Inc. 13 Streetcar Development 14 Canalfa Group 14 Canalfa Group 15 Urbancorp Development Corporation 17 Malibu Investments Inc. 18 Urban Capital 18 Urban Capital 19 Delpark Homes *TH: Townhomes, C: Condo

Site Telephone TH* C* Price Range Page Finder Yonge+Richmond 416-492-7420 • from $290,000 24 16K 383 Sorauren 383sorauren.com 137 9L Merton Yonge Condominiums 416-484-1900 • from $320,000 151 14e High Park Condominiums 416-351-1844 • from $300,000 Insert & 57 8L The HUB 416-408-1200 • from $220,000 6-7 9F The High Park 416-670-3699 • from $300,000 62-63 8L 155 REDPATH 416-601-0060 • from $250,000 55 14D 2221 Yonge 647-350-2221 • from $200,000 75 14E King Blue Condominiums 416-599-1355 • from $250,000 79 12N King Blue Condominiums 416-599-1355 • from $250,000 79 12N Picasso on Richmond 416-495-3549 • from $280,000 Insert 14M Axiom Condominiums axiomcondos.ca • from $200,000 93 17L Lofts 399 416-867-3999 • from $390,000 152 14L CASA III 416-977-1100 • from $240,000 IBC 15L One Eleven Condominiums & Lofts 647-347-4111 • from $250,000 87 13M One Eleven Condominiums & Lofts oneeleven.ca • from $250,000 87 13M One Bloor Residences 416-922-0081 • from $535,000 17 15I Exhibit Definitive Residences 416-967-7778 • from $320,000 5 14i Exhibit Definitive Residences 416-967-7778 • from $320,000 5 14i Exhibit Definitive Residences 416-967-7778 • from $320,000 5 14i One Park Place Condominiums 416-955-0559 • from $250,000 29 18J The Pinnacle on Adelaide 416-596-1600 • 129 15M 88 Scott 416-216-8588 • from $400,000 59 17M Riverhouse at the Old Mill 416-766-7343 • from $520,000 27 5L Post House Condominium 416-964-2777 • from $350,000 69 16L Chaz 416-922-0045 • from $320,000 47 16J Chaz 416-922-0045 • from $320,000 47 16J Imperial Plaza 416-925-2501 • from $399,000 3 15I Perspective Condos 416-242-3500 from $280,000 126-127 4H Yorkville Plaza 416-966-3003 • • from $350,000 1 14H Five Condos 416-928-0555 • • from $250,000 51 15J Cinema Tower Condominiums 416-203-2020 • 41 14M 30 Roe 416-915-3812 • from $321,000 67 14D Noir menkes.com • Insert 15M SIXTY Colborne 416-601-0060 • from $300,000 73 16L SIXTY Colborne 416-598-7775 • from $300,000 73 16L E Condos 416-243-8688 • from $320,000 19 14E E Condos 416-243-8688 • from $320,000 19 14E E Condos 416-243-8688 • from $320,000 19 14E The Massey Tower 416-966-0197 • • from $320,000 49 16L Canary District Condominiums 416-603-7576 • from $250,000 81 18L 101 Erskine 416--480-0700 • • from $285,000 IFC 14E 530 St. Clair Ave. West 530condos.com • from $344,000 12H 500 St. Clair Ave. West 416-868-0500 • from $260,000 12H the rushton rushtonliving.com • from $344,000 12H ParadeTWO Tower Residences 416-813-0999 • from $287,000 15M Grand Parade 2 at Concord CityPlace 416-813-0999 • 15M ParadeTWO Park Collection at Concord CityPlace 416-813-0999 • from $308,000 15M Quartz 416-813-0999 • • 15M Spectra 2 416-813-0999 • • 15N Garrison at the Yards 416-260-2600 • from $190,000 14n West Lake 416-260-2600 • from $240,000 14N NXT 2 416-977-5300 • • from $300,000 8N NXT2/Phase Two 416-977-5300 • • from $210,000 8N Corporate 416-977-5300 • • from $300,000 8N NXT 416-977-5300 • • from $300,000 8N VU 416-970-9500 • • from $370,000 16L Pears on the Avenue 416-323-0100 • from $381,000 14I 365 Church menkes.com • 14I Trinity Lofts 416-690-2988 • from $330,000 19l Liberty on the Park Condominiums 416-537-0047 • from $363,000 12N Liberty Place 416-537-0047 • • from $170,000 12N Westside Lofts 416-516-5848 • from $180,000 12m LTD 416-601-2223 • from $310,000 14M River City 416-862-0505 • • from $250,000 18L River City 2 416-862-0505 • • from $250,000 18L Broadview Villas 416-429-7888 • from $490,000 19g

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

Attention Builders - Want to add your community to our maps?

Need to update existing information? Please fax the details to (416) 789-9554

Builder

Site

*TH: Townhomes, C: Condo

Telephone

TH* C*

Price Range

Page

Fabrik 416-591-7700 • from $250,000 Ten York 416-596-9888 • The College 416-363-4800 • from $300,000 Success Tower at Pinnacle Centre 416-360-0673 • from $750,000 33 Bay Residences at Pinnacle Centre 416-925-3325 • Churchill Park Condominiums 416-966-9080 • from $900,000 The Madison 416-482-8090 • from $390,000 Infinity Condominiums 416-214-1988 • from $250,000 Milan 416-928-7409 • from $520,000 CASA 416-977-1100 • from $710,000 The Bloor St. Neighbourhood 416-977-1100 • from $600,000 CASA 2 416-977-1100 • from $250,000 The 500 Condos + Lofts 416-960-0606 • from $400,000 King West 416-367-5464 • from $210,000 775 King West 416-367-5464 • from $330,000 3018 Yonge In Lawrence Park 3018yonge.com • from $390,000 Monde mondegreatgulf.com • from $300,000 B Streets 416-532-6636 from $300,000 The Uptown Residences 416-987-3500 • from $950,000 The Brant Park 416-703-7271 • from $250,000 King West - The Lanes contextkingwest.ca • from $250,000 Foundry Lofts 416-531-7760 from $399,000 Brownstones on the Park 416-531-7760 • from $320,000 Brownstones 416-531-7760 • from $300,000 The Upper Canada Condominium 416-489-5194 • from $1800,000 The Upper Canada Condominiums 416-489-5194 • from $1.8,000 455 Adelaide West - Fashion District Lofts 416-603-6166 • • from $280,000 Fashion House 416-366-0560 • from $250,000 Beach Hill Residences 416-422-0880 • • from $200,000 Schoolhouse 416-979-1333 • from $595,000 Worklofts 416-368-5262 • from $243,000 Flatiron Lofts 416-368-5262 from $243,000 300 Front Street West 416-217-0300 • from $324,000 Reve 416-514-2710 • from $334,000 Pier 27 Waterlink 416-367-3456 • from $300,000 Condos at The Distillery 416-361-1322 • from $400,000 Block liveatblock.com • The King East 416-368-5262 • from $300,000 East Condos & Lofts 416-368-5262 • from $310,000 King West kingwestlife.com • from $346,000 Four Seasons Private Residences Toronto 416-775-7500 • from $1900,000 Four Seasons Private Residences Toronto 416-775-7500 • from $1900,000 Seventy Seven Charles Yorkville 416-203-7034 • from $2100,000 Market Wharf 416-861-8181 • from $260,000 Library District Condominiums 416-861-8181 • from $222,000 Brownstones in Davenport Village 416-531-7760 from $245,000 Brownstones on the Park 416-531-7760 • from $260,000 Charlie 416-927-9772 • from $251,000 Ivory On Adelaide 416-862-0888 • from $279,000 Fly Condos 416-979-1333 from $310,000 Condo Living Store 416-979-1333 • U Condominiums 416-546-6605 • from $250,000 One Park West 416-955-0559 • from $406,000 Paintbox Condominiums paintboxcondos.ca • Festival Tower 416-203-2020 • from $350,000 X2 416-927-0080 • from $303,000 X2 416-927-0080 • from $303,000 Bisha Hotel & Residences 416-637-2211 • from $300,000 Art Condos 416-535-7775 • from $530,000 Two Old Mill 416-645-7022 • from $356,000 1717 Avenue Road 416-430-1717 from $1550,000 1717 Avenue Road 416-430-1717 • from $1295,000 RCM I on University 416-363-4800 • from $393,000 Queen & Portland 416-363-4800 • from $315,000 5 St. Joseph 416-928-0555 • • from $250,000 5 St. Joseph 416-928-0555 • • from $250,000 DNA 3 416-929-1030 • from $220,000 Downtown 416-598-5088 • from $210,000 12 Degrees 416-408-1200 • from $350,000 The Berwick 416-922-9425 from $280,000 The Grove 416-824-3390 • from $840,000 Riverside Towns 416-214-2000 • from $400,000 Riverside Towns 416-214-2000 • from $400,000 KEW Beach Living 416-690-0101 • • from $350,000 KEW Beach Living 416-690-0101 • • from $350,000 The Mercer 416-597-6940 • from $350,000 Studio on Richmond 647-352-7736 • from $300,000 Backstage on the Esplanade 416-777-2533 Backstage on the Esplanade 416-777-2533 Vero verocondos.ca from $250,000 Theatre Park 416-422-0333 • from $380,000 Theatre Park 416-422-0333 • from $490,000 Tableau Condominiums 416-591-8887 • • from $450,000 Tableau Condominiums 416-591-8887 • • from $350,000 King Charlotte 416-422-0333 • from $466,000 King Charlotte 416-422-0333 • from $312,000 Tableau Condominiums tableaucondos.com • • from $350,000 Carmelina 416-423-8500 • from $250,000 Yorkville Condominiums 416-987-3222 • • from $550,000 The Bond Condominiums 416-546-7525 • • from $300,000 Showcase showcaseliving.ca • from $210,000 L Tower 416-777-2533 • from $410,000 707 Lofts 707Lofts.com • • from $255,000 King + Condos 416-366-5464 • from $304,000 thirtytwo Camden 416-860-0060 • from $240,000 8 Gladstone 416-690-9009 • from $250,000 133 Hazelton Residence 416-487-9863 • Model Suite of the Month 416-487-9863 • 210 Simcoe 210simcoe.com • Five Condos 416-928-0555 • • from $250,000 Karma 416-551-2744 • from $180,000 Karma 416-551-2744 • Rise 416-546-7399 • from $290,000 Model Suite of the Month • Neon 416-987-7878 • from $210,000 The Carlaw 416-690-8588 • from $200,000 Nero 416-792-6418 • from $300,000 Allure Condominiums allurecondos.ca • from $350,000 Allure Condominiums allurecondos.ca • from $350,000 1000 Bay 416-485-3000 • FAD Condos 416-815-1818 • from $250,000 South Hill on Madison Condominiums southhillonmadison.com • from $200,000 INDX 416-987-4639 • INDX 416-987-4639 • The Carnaby 416-690-9009 • from $250,000 TUX greatgulf.com/register • from $250,000 109OZ 416-531-4844 • from $300,000 The Hill 416-408-1200 • from $260,000 The Sterling thesterling1919.com • • from $200,000 Wallace Walk wallacewalktowns.com • from $210,000 The St Clements 416--778-7070 • • The Perry 416-926-7555 • from $390,000

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

Finder 14M 12F M14 17m 17m 13H 14E 16m 15I 15L 15L 15L 17I 14M 14M 14B 17M 13J 16J 14M 14M 9I 9I 9I 14G 14G 14L 14L 23J 13i 20J 20J 15M 15M 17N 18L 12K 18L 18L 13N 15I 15I 14J 17M 17M 9j 9J 14M 17L 14M 14m 15K 18J 18J M14 16J 16J 16m 12N 5L 13D 13D 14M 15I 16J 16J 12N 15N 15L 14D 11O 19K 19K 24J 24J 15M 15M 17M 17M 17M 16M 16M 15L 15L 15L 15L 15L 23J 15G 15G 19K 17L 12K 16L 14L M12 14I 14I 15M 15J 15K 15K 12H 12H 14D 19K 13L 14F 14F 15J 14M 13I 16M 16M 12M 15M 12M 11E 9L 9L 21K

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torontoregionalmaps: Toronto, East York, York

#

20 Menkes Developments Inc. 22 Tridel Corporation 23 Tribute Communities 29 Pinnacle International 29 Pinnacle International 30 Tower Hill Development Corporation 32 Madison Homes 41 Conservatory Group 46 Conservatory Group 52 Cresford Development Corp.

52 Cresford Development Corp.

52 Cresford Development Corp.

54 Times Developments Inc. 55 MintoUrban Communities Inc. 55 MintoUrban Communities Inc. 57 Lanterra Developments 58 Great Gulf Homes 59 Lindvest 62 Pemberton Group 64 Lamb Development Corp.

64 Context Development Inc. 66 E-Park Development 66 Emsatec Canada Inc 66 Neudorfer Corporation 70 Madison Homes 70 State Building Group 73 Freed 73 Freed 74 Carlyle Communities 78 Empire Communities 81 Lamb Development Corp.

81 Lamb Development Corp.

83 Tridel Corporation 83 Tridel Corporation 88 Fernbrook Homes/Cityzen Dev. 94 DHD Developments 100 Treasure Hill Homes 101 Lamb Development Corp.

101 Harhay Developments 102 Plaza 103 Menkes Developments Inc. 103 Lifetime Developments 104 Aspen Ridge Homes 106 Context Development Inc. 106 Context Development Inc. 109 The Brownstone Group of Companies 109 The Brownstone Group of Companies 110 Great Gulf Homes 114 Plaza 115 Empire Communities 115 Empire Communities 118 Pemberton Group 120 The Daniels Corporation 120 The Daniels Corporation 122 The Daniels Corporation 126 Great Gulf Homes 126 Lifetime Developments 128 Lifetime Developments 130 Triangle West Development 131 Tridel Corporation 132 Tribute Urban Living 132 Tribute Communities 133 Tribute Communities 134 Tribute Communities 135 Graywood Developments 135 Mod Developments Inc. 136 Canderel/Stoneridge 139 Parallax Investment Corporation 141 BSaR Ltd 142 Andrin Homes 143 Matthew Kinsella Custom Homes Inc. 144 Hyde Park Homes 144 Lamb Development Corp.

145 Longo Corporation 145 Lamb Development Corp.

148 Graywood/Beaverhall Development 150 Aspen Ridge Homes 151 Cityzen 151 Fernbrook Homes 151 Fernbrook Homes 152 Lamb Development Corp.

152 Niche Development 153 Urban Capital 153 Malibu Investments Inc. 153 Lamb Development Corp.

153 Niche Development 153 Alit Developments 154 Tre Memovia Developments 155 Lifetime Developments 155 Lifetime Developments 156 Aragon Properties 157 Castlepoint/Cityzen/Fernbrook 160 Enirox Group 163 Plus Development Group 165 Sorbara Group 170 Streetcar Development 173 Mizrahi | Khalili Developments 173 Mizrahi | Khalili Developments 175 Sorbara Group 179 Mod Developments Inc. 182 Lifetime Developments 182 Centre Court Development 184 Reserve Properties 184 Reserve Properties 185 Pemberton Group 186 Streetcar Development 187 Tofni Developments 188 Greenpark Homes 188 Greenpark Homes 190 Cresford Development Corp.

191 Tri-Win Developments Inc 193 Burnac Corporation 195 Lifetime Developments 195 Centre Court Development 197 Streetcar Development 198 Great Gulf Homes 207 Reserve Properties 208 BSaR Ltd 210 Castlepoint/Numa 217 Torbel Group 218 Sonterlan

Mansouri Living

119

1

2

3

4

5

6

7

8

A

9

10

11

12

13

14

15

16

17

18

101

Steeles Ave

19

21 22

23

24

124

96

25

26

121

99

33

b

20

North York c

14

400

2

135 37

124

40 8 50

1

128

4

401

d

6

28 43

123

e

34

401

21

3 122

f

130

98

125

132 25

g

95

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

torontoregionalmaps: North York

#

120

1 3 121 122 123 128 130 2 4 4 4 4 6 6 6 6 6 8 9 14 15 21 28 33 34 37 40 43 43 50 50 86 94 95 96 96 99 101 122 124 125 128 132

Builder

Concord Adex YYZed Project management Liberty Development Corp.

Lanterra Developments Brandy Lane Homes The Daniels Corporation Tribute Communities Torbel Group Tridel Corporation Tridel Corporation Tridel Corporation Tridel Corporation Concord Adex Concord Adex Concord Adex Concord Adex Concord Adex Conservatory Group Conservatory Group Torbel Group Emery Condominiums Tridel Corporation Tridel Corporation Castle Royale Development Malibu Investments Inc. Norstar Group of Companies Menkes Developments Inc. Monarch Corporation Monarch Corporation MintoUrban Communities Inc. Devron Developments Canderel/Stoneridge DHD Developments Aspen Ridge Homes ELAD Canada ELAD Canada The Brown Group of Companies Kantium Development Lanterra Developments Tridel Corporation Fram Building Group The Daniels Corporation Fram Building Group/Cadillac Fairview

*TH: Townhomes, C: Condo

Site

Telephone

TH* C*

Price Range

Page

Opus 416-813-2999 • • 38-39 VISTO vistocondos.ca from $220,000 143 World on Yonge 905-771-7010 • 36-37 Treviso II 416-787-8882 • from $220,000 25 The Station 416-398-9777 • from $420,000 89 NY2 416-221-3939 from $220,000 15 Canterbury 647-352-2130 • • from $700,000 61 The Avanti Condominiums 416-636-0400 from $375,000 Hullmark Centre 416-733-2883 • from $524,000 Avonshire Parkside 416-730-0300 • • from $579,000 Aristo at Avonshire 416-730-0300 • Aristo2 at Avonshire 416-730-0300 • from $299,000 Tango at Concord Park Place 416-813-2999 • • from $236,000 Discovery at Concord Park Place 416-813-2999 • Discovery II at Concord Park Place 416-813-2999 • • from $210,000 Tango2 at Concord Park Place 416-813-2999 • from $265,000 Corporate 416-813-2999 • • from $210,000 Pearl Condominiums 416-512-1818 • from $200,000 Platinum Towers 416-512-1818 • from $340,000 Diva DivaCondo.com The Essential 905-887-4888 • from $250,000 Argento 416-663-1818 • Alto at Atria 416-645-8866 • from $288,000 The Palm Condominium Residences 416-306-1000 • from $400,000 Gramercy Park Condominium Residences 416-703-2202 • from $600,000 Portrait Condominiums 416-282-9600 • from $300,000 Gibson Square 416-730-9722 • from $363,000 Ultra at Heron’s Hill 416-495-3548 • from $200,000 Yorkland at Heron’s Hill 416-495-3548 • from $300,000 88 416-915-3805 • from $235,000 Flo Condominiums 647-799-0356 • from $250,000 Aura At College Park 416-962-8688 • from $500,000 Gooderham 416-361-1322 • from $410,000 Scenic on Eglinton 416-805-1781 • from $190,000 Emerald City Condominiums 416-492-0001 • from $250,000 Dreamtower At Emerald City 416-492-0001 • from $260,000 Willow Park at Bayview 416-221-6767 • from $466,000 Posh Condominiums 905-771-0134 • from $544,000 Treviso Condominiums 416-787-8882 • from $200,000 Trio at Atria 416-645-8866 from $258,000 LIV Lofts 416-445-5638 • from $250,000 NY Place 416-221-3939 • from $250,000 Flaire Condos 416-445-8868 • from $320,000

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

Finder 22C 8E A18 12F 12D 19C 19F 17C 18D 18D 18D 18D 22C 22C 22C 22C 22C 17C 18C 11C 20E 22e 25D 17B 13E 13C 17C 25D 25D 18c 18c 16K 18l 23G 24C 24C 21 16A 12F 24C 22F 19C 22F

Attention Builders - Want to add your community to our maps?

Need to update existing information? Please fax the details to (416) 789-9554

1

2

3

4

5

6

8

21 22

bio

26

al

e

Islington Ave

62

Kipling Ave

Martin Grove Rd

10

Bl

vd

1

401 2A

Rathburn Rd

19

8

44

45

d

Bloor St W

Queensway

70

11 53 3 56 39 4 37 6 33

Gardiner Expressway Evans Ave

Horner Ave

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

5 Park Lawn

35

50 14 51 34

Royal York Rd

Dundas St W

h

d

Etobicoke

409

Scarborough

ett R Scarl

Westway

ll R Mi

ve nA

40

Dixon Rd

46

Builder Monarch Corporation Great Gulf Homes Menkes Developments Inc. Graywood/Beaverhall Development Monarch Corporation Davies Smith Liberty Development Corp.

City Core Lash Group of Companies Henderson Development Limited Monarch Corporation Conservatory Group Pemberton Group Lash Group of Companies Carttera Camrost - Felcorp Camrost - Felcorp Green Hill Homes Mattamy Homes Queenscorp Residences Georgian Empire Communities Monarch Corporation Empire Communities Beaverbrook Homes Tridel Corporation Amexon Development Corporation Monarch Corporation Tridel Corporation Tridel Corporation Tridel Corporation Edilcan Development Corp.

Edilcan Development Corp.

Edilcan Development Corp.

Remington Group/Brown Group Remington Group Remington Group Pemberton Group Alterra Homes/Finer Space Tridel Corporation Phantom Developments Your Home Developments VHL Developments Ltd. VHL Developments Ltd. Royale Grand Woodbine Developments MintoUrban Communities Inc. First Avenue Properties

25

d

Re

QEW

*TH: Townhomes, C: Condo

24

nR

27

60

23

Finch Ave W

23

7

# 5 7 7 15 18 20 28 38 71 2 4 6 8 10 10 11 11 13 24 25 26 28 29 33 34 35 37 39 42 42 44 45 45 45 46 46 46 50 51 55 56 60 61 61 62 65 70

Al

Ranforth Dr

Av e

20

Humberline Dr

Da nf or th

19

xd

Centennial

28

18

East Ave Port Union Rd

Ki

17

Passmore Ave

lva

Sy

16

Beare Rd

Manse Rd

72

n

sto

RD

ng

Ki

Galloway Rd

St. Clair Ave 1

Orton Park Rd

Markham Rd

McCowan Rd

Bellamy Rd

Lawrence Ave E

Scarborough Golf Rd

n Dr

orto

15

427 Morrish Rd

71

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

Victoria Park

g

Progress Ave

Brim

Eglinton Ave E

f

29

14

Sheppard Ave E Conlins Rd

2

Brimley Rd

Warden Ave

Pharmacy Rd

e

61

Birchmount Rd

d

Kennedy Rd

Ellesmere Rd

401 Midland Ave

42 55 401 31

Milner Ave

13

Meadowvale Rd

3

Sheppard Ave E

Ave

Morningside Ave

evin

McL

12 Reesor Rd

Huntingwood Dr

c

11 Sewells Rd

Finch Ave E

b

10

Neilson Rd

McNicoll Ave

9

Tapscott Rd

McCowan Rd

A

7

65

Lakeshore Blvd W

Site Telephone TH* C* Price Range Page Finder The Epicurean monarchgroup.net • from $250,000 Insert 23F One Sherway Condominiums 416-695-3535 • from $273,000 22-23 16G One Sherway Condominiums 416-695-3535 • from $273,000 22-23 16G Ocean Club 416-255-4663 • from $229,000 125 24C Lago 416-495-3544 • from $300,000 Insert 24c Eleven Superior 416-259-8882 • from $200,000 133 23C Terrace on Danforth 416-987-7575 • 36-37 2F Harmony Village Sheppard 416-493-0123 from $238,000 83 2C Me 647-693-7563 • from $150,000 130-131 8D Centro 416-296-1898 • from $185,000 6D Nautilus at Waterview 416-495-3544 • from $400,000 25H Altitude 416-321-1659 • from $230,000 25H Palais at Port Royal Place 416-239-8200 • from $260,000 23F Cloud 9 Condominiums cloud9condos.ca • from $220,000 22B Cloud 9 Condominiums cloud9condos.ca • from $220,000 22B ilofts at Mystic Pointe 416-251-8888 • from $310,000 25G California Condos 416-251-8888 • from $242,000 25g Princeton Manor 905-849-1818 from $210,000 6G Summerside mattamyhomes.com • • from $159,000 3F Watermark 416-354-2221 • from $320,000 19D King’s Way at Swansea Village 416-766-4683 • from $188,000 24G Eau Du Soleil empirecommunities.com/eaudusoleil • from $250,000 25B Encore 416-495-3543 • from $200,000 5D Beyond The Sea Star Tower Condominiums 416-979-1333 • • from $400,000 24H Evolution 416-747-9691 • from $250,000 22G Parc Nuvo at Essex 416-231-0999 • from $398,000 22g South Beach 416-252-3000 from $209,000 25H Waterscapes 416-495-3544 • from $390,000 26H Ventus at Metro Gate 416-293-5535 • from $342,000 4c Metrogate Townhomes 416-293-5535 • • from $427,000 4C West Village 416-620-1887 • from $260,000 21F One Valhalla 416-233-5554 • from $239,000 21F Thunderbird 416-233-5554 • from $240,000 21F Triumph At One Valhalla 416-233-5554 • from $230,000 21F IQ IQcondos.com • from $190,000 22G The Masters mastercondos.com • from $200,000 22G Park Towers at IQ 416-253-5838 • from $220,000 22G Vivid Condos 416-239-8200 • from $250,000 23F Westwood Condominiums westwoodAlterra.com • from $300,000 23F Avani At Metrogate 416-293-5535 • from $248,000 4C Jade Condominiums 416-762-8818 • from $250,000 24G Nature’s Path 416-745-6686 • • from $270,000 11E 2150 Condos 416-750-2150 • from $189,000 3E Haven On The Bluffs 416-2621-9555 • from $160,000 3E Lexington 416-638-8444 • from $240,000 21C South Shore mintosouthshore.com • from $300,000 22H Qube Condos 647-351-7823 • from $200,000 24G

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

Attention Builders - Want to add your community to our maps?

Need to update existing information? Please fax the details to (416) 789-9554

torontoregionalmaps: Scarborough, Etobicoke

121

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6

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10

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12

13

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26

Park

Ave

Do

25

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20

11

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2

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16

17 shore Lake W Blvd

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3

14

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Toronto Waterfront

h

waterfrontmaps: Toronto

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

122

#

Builder

1

Pemberton Group

Park Lake Residences

Site

416-769-4343

• • from $250,000

3F

2

Monarch Corporation

Nautilus at Waterview -

416-495-3544

• from $400,000

5f

3

Cresford Development Corp.

NXT2/Phase Two

416-977-5300

• • from $210,000

4E

3

Cresford Development Corp.

NXT at Windermere By The Lake

416-977-5300

• • from $300,000

11f

6

Plazacorp/Berkley Community

West Harbour City

westharbourcity.com

• from $327,000

13E

7

Lifetime Homes

Waterparkcity – Neptune

416-203-3700

•

13f

8 Concord Adex

Grand Parade 2 at Concord CityPlace

416-813-0999

•

14f

8

Concord Adex

Quartz

416-813-0999

• •

14F

8

Concord Adex

ParadeTWO Tower Residences

416-813-0999

14f

8

Concord Adex Grand Parade at Concord CityPlace

416-813-0999

• from 293,000

14F

8

Concord Adex

Panorama at Concord CityPlace

416-813-0999

• from $389,000

14F

8

Concord Adex

Panorama Elite Suites at Concord CityPlace

416-813-0999

• from $1,135,000

14F

8

Concord adex

ParadeTWO Park Collection at Concord CityPlace

416-813-0999

• from $308,000

14F

8

Concord Adex

Luna Vista at Concord CityPlace

416-813-0999

• from $2,213,000

14F

8

CONCORD ADEX

Spectra

416-813-0999

• •

14F

9

Conservatory Group

Infinity Condominiums

416-214-1988

• from $250,000

14f

11 URBAN CPITAL

River City 2

416-862-0505

• from $250,000

16E

14 CANALFA GROUP

Liberty Central by the Lake

416-537-0047

• from $200,000

10F

14 Canalfa Group

Liberty on the Park Condominiums

416-537-0047

• from $363,000

10F

15 Malibu investments inc.

LTD

416-601-2223

• from $200,000

12F

16 CAMROST FELDCORP California Condominiums

sunsetcondos.ca

• from $280,000

24C

18 Fernbrook Homes/Cityzen Dev.

416-367-3456

• from $300,000

11F

Pier 27 Residences On The Lake

21 GREAT GULF Monde *TH: Townhomes, C: Condo

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

Telephone

mondegreatgulf.com

TH* C*

Price Range

• from $287,000

• • from $300,000

Page

Finder

15E

Attention Builders - Want to add your community to our maps?

Need to update existing information? Please fax the details to 416-789-9554

W Rd

W

Rd

e or

ly Bay

E

St

n

Qu ee

ya

Ro

W Rd e

or ke

sh

ke

La

tW

ds Q or ue Dr en S

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Sh Sp eri ea da km n P an ark Tr us Dr D r co tt Dr

La

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M Rd

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Rd

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La

Park Rd S

TH* C*

Lake

Price Range

og

Scug

Phillip Mur

Manvers

Page

Finder

Scugog

416-255-4663 48

• from $229,000

125

416-259-8882

• from $200,000

133 Newcastle 23C

Whitby • from $280,000 Oshawa

25 queenscorp residences

Watermark

416-354-2221

5

United lands

Stonebrook Condominiums

8

chestnut hill development

24C

insert 401

24C

• from $320,000

141

19D

905-822-8858

• from $270,000

9E

San Francisco By The Bay

905-831-3631

•

• from $180,000

23J

10 Pemberton Group

Bluwater Condominiums

416-987-8800

• from $350,000

5J

11 Monarch Corp.

Waterscapes

416-495-3544

• from $390,000

25C

13 GREEN HILL HOMES

Princeton Manor

905-849-1818

• from $210,000

6G

14 Phantom Developments

Jade Waterfront Condos

416-251-0707

• from $250,000

24G

empirecommunities.com/eaudusoleil

• from $210,000

6-7

25B

Attention Builders - Want to add your community to our maps?

Need to update existing information? Please fax the details to 416-789-9554

Si

Uxbridge

monarchgroup.net

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

Bloor St

Lindsay

Lago

28 EMPIRE COMMUNITIES Eau Du Soleil

Stevenson Rd

Whitby 7 Waterfront

Thornton Rd

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condo watch

continued…

Imperial Plaza

by Camrost Felcorp

Sixteen-foot loft living at Yonge and St. Clair.

Register today.

Web: 16FootLofts.ca/cg

previews & registrations The HUB

by Empire Communities

Live life on tomorrow’s fast lane, at this condo in a key Eg-West location. Register now.

Web: EmpireTheHub.com

365 Church

by Menkes

In the heart of the action. Coming soon to Church and Carlton. Register now.

Web: Menkes.com

The Britt

by Lanterra Developments

Condos with European flair coming soon to Bay and Wellesley. Register now.

Web: SunsetCondos.ca

California Condos

by Camrost Felcorp

416

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

Register now for the Sunset Collection at California Condos in south Etobicoke.

Web: SunsetCondos.ca

The Carnaby

by Streetcar

Inspired by London; coming soon to trendy Queen West. Register now.

Web: CarnabyLofts.com

Cinema Tower

by Daniels

World-class condo in the heart of the Entertainment District. Register now.

Web: CinemaTowerCondos.com

Context King West

by Context

Coming soon to King West – community and design for everyone. Register now.

Web: ContextKingWest.ca

Dragon Condos

by Ideal Developments

Register now to enjoy “legendary living” at Dundas and Spadina.

Web: DragonCondos.com

Eau Du Soleil

by Empire Communities

Surfacing soon: one of Canada’s tallest and most iconic waterfront condos. Register online.

Web: EauDuSoleilCondos.com

The Epicurean

by Monarch Corp.

A stylish new condo for local foodies in Bloor West Village. Register now.

Web: MonarchGroup.net

Fabrik

by Menkes

Register now for this fashionable new condo, steps from Toronto’s trendy Fashion District.

Web: Menkes.com

FAD Condominiums

by Tri-Win

Fashion District Condominiums, coming soon to this trend-setting hot spot.

Web: FadCondo.ca 124 new Condo Guide may 4 - 18, 2013

Indx Condos

by Lifetime & CentreCourt Developments

Coming soon to Bay and Adelaide. Register now to stay informed.

Web: IndxCondos.com

Jade Waterfront Condos

by Phantom Developments

Opening soon on the Etobicoke waterfront. Register now to stay informed.

Web: JadeWaterfrontCondos.com

Noir Condos

by Menkes

Coming soon to the heart of Toronto, at Peter and King. Register now.

Web: Menkes.com

One Park Place

by Daniels Corp.

Coming this spring, the “one” place to be in downtown east. Register now to stay informed.

Web: DanielsOneParkPlace.com

Sixty Colborne

by Freed Developments

A block from everything at King Street East and Church Street. Register now.

Web: SixtyColborne.com

South Hill on Madison

by Burnac

Coming soon to the coveted Casa Loma neighbourhood. Register now.

Web: SouthHillOnMadison.com

Tao

by SigNature Communities

Boutique condos on Bayview in Richmond Hill.

Coming soon.

Web: TaoCondos.ca

Ten York

by Tridel

Rising above it all at York and Harbour.

Register now for your private oasis.

Web: TenYork-condos.ca

Tux

by Great Gulf

Rising 40 storeys at King and Blue Jays Way. Take the next step – register now.

Web: GreatGulf.com/register

The Upper Canada Condominium

by State Building Group

Coming soon, affordable luxury at Avenue Road and Lonsdale. Register now.

Web: UpperCanadaCondo.com

Vivid

by Pemberton Group

Affordable luxury living at Bloor and Islington.

Register now.

Web: VividCondos.com

Yonge & Rich

by Great Gulf

Live at the centre of it all at Yonge and Richmond. Register for a preview.

Web: YongeandRich.com

Yorkville Plaza

by Camrost Felcorp

Grand opening at this iconic address.

Offering the best things in life right outside your door.

Web: YorkvillePlaza.com

WATERFRONT* 228, 9 00 LIVING INCLUDES PARKING & LOCKER! ONLY

FROM

$

OWN WITH ONLY 10% DOWN** NOW UNDER CONSTRUCTION OWN THE BEST ADDRESS ON THE WATER Don’t miss your opportunity to be a part of Toronto’s most successful waterfront condominium! NOW UNDER CONSTRUCTION, Ocean Club offers a great selection of suite designs and exquisite condominium living with gorgeous finishes, resort style amenities and is just steps from parks, trails, shopping, marina, dining and more.

DON’T MISS OUT! Oceanclubcondos.ca Call 416.255.4663 or email oceanclub@bakersales.info to book your private appointment

Exclusive Listing: Baker Real Estate Incorporated, Brokerage. Brokers Protected. *Prices and specifications are subject to change without notice. **Final 5% due on Occupancy. Subject to qualification. See Sales Representative for more details.

Illustration is artist concept. E. & O.E.

may 4 - 18, 2013 new Condo Guide 125

IT’S NEW! IT’S 2!

Perspective Condominiums, Etobicoke’s Landmark community is building on the success of our first tower. Construction on building 1 is beginning, making way for the launch of our grand finale - Tower 2. Inspired and spacious interiors, truly spectacular panoramic park and city views, fabulous club like amenities, elegantly appointed suites with open concept kitchens, spa-like baths and grand terraces, it’s all here for you at Perspective 2.

NOW UNDER CONSTRUCTION 126

ETOBICOKEâ&#x20AC;&#x2122;S NEWEST LANDMARK

PREVIEW OPENING

2893 BLOOR ST. W. AT PRINCE EDWARD DR. Hours Mon. - Thurs.: 12pm-6pm Sat. - Sun.: 12pm-5pm Fri.: Closed

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*Prices and specifications subject to change without notice. See sales representatives for details. Renderings and images are for mood and impression only. E.&O.E 2013.

may 4 - 18, 2013 new Condo Guide 127

in the news

Groundbreaking celebrates NEW PERSPECTIVE IN ETOBICOKE As Phase I starts construction, Perspective 2 ramps up

Future Perspective residents and their guests, media, Toronto Ward

4 Councillor Gloria Lindsay Luby and the Pianosi family recently gathered at Scarlett Road and Eglinton Avenue West to witness the Groundbreaking of Perspective Condominiums. With the start of construction certifying Perspective’s status as a hit, it’s only an estimated 18 months until this 19-storey north building is complete!

In the meantime, the continuing celebration back at the Presentation Centre helped whet appetites even more for what’s to come — Perspective 2, the next phase of this gorgeous, contemporary community in Toronto’s bestkept-secret location. Pianosi Development Corp., a family-run business for more than five decades, brings Perspective to life in an Etobicoke neighbourhood as surrounded by nature as it is steeped in urban convenience.

Perspective 2 is now in launch phase, offering another opportunity to buyers looking for exceptional value just minutes from downtown.

The twin towers of Perspective are designed with contemporary elegance by the awardwinning firm Turner Fleischer Architects and interior designers Bryon Patton & Associates, offering luxurious amenities including a stunning indoor pool, media lounge, billiards room, golf simulator, and a state-of-the-art theatre room that’s perfect for movie nights and must-see sporting events with friends.

For the ultimate in comfort and personal choice, Perspective features an innovative four-pipe fancoil heating and cooling system that gives residents full control over their suites’ individual temperature, another example of how Perspective has been designed to with the best possible owner experience in mind.

Perspective’s unique location is stunningly vivid from the rooftop lounge, where city 128 new Condo Guide may 4 - 18, 2013

PICTURED ABOVE Ward 4 Toronto Councillor Gloria Lindsay Luby (centre) celebrated

the Groundbreaking of Pianosi Development Corp.’s Perspective Condos in Etobicoke, with the Pianosi family. Left to right are Christina Pianosi, John Pianosi, Ian Pianosi, Giova Pianosi and Project Manager Chris Giamou.

Photo: Nicola Betts Photography

skyscrapers light up the distant streetscape past the treetops of the myriad parklands and golf courses that surrounds it.

Shops and services are right on-site, and the convenience of quick access to Hwys. 427 and 401, Pearson Airport, the future Eglinton Crosstown LRT, and James Gardens, an oasis on the banks of the Humber that charms with a profusion of flowers and meandering stone pathways where mature trees tower overhead. More than a century in the making, it also offers the stress-busting Tommy Thompson Trail, which connects to Lambton Woods and Scarlett Mills Park. Walkers, runners and cyclists especially will find such proximity to the extensive Humber River trail system alone is worth the purchase price!

Beautifully laid-out suites at Perspective 2 will start at $279,900, with parking and locker included, for units including one-plusden, two-bedroom and two-plus-den. For more information, visit perspectivecondos.ca or the Presentation Centre in person at 2893 Bloor St. W. at Prince Edward Dr. Hours: Monday to Thursday noon to 6 p.m.; Saturday and Sunday noon to 5 p.m.

the most anticipated master planned

community of the year

Be among the first to preview Scarboroughâ&#x20AC;&#x2122;s newest master planned community of condominiums, townhomes and shops. me condos has been perfectly designed from the outside in with a fusion of contemporary excitement and sleek architectural design. Located in an established neighbourhood at Markham Road and Ellesmere, me condos is convenient to everything - Highways, schools, shopping and transit. So what are you waiting for?

, 149 990

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meliving.ca or call 416 430 0003 Prices and specifications are subject to change without notice. Brokers Protected. E.&O.E. 2013. may 4 - 18, 2013 new Condo Guide 131

decorating tips

Start fresh this spring

with renewed home décor As the seasons change, many people

commit to starting fresh or making positive changes. As you consider what you will change in your life, think about where you spend the majority of your time. Your surroundings can greatly influence your mood and actions, and a refreshed interior can help you step forward into a new and improved lifestyle. Enjoying life more in 2013 could start with just a few simple updates to your home.

Colour Home decor trends are constantly evolving, and one of the most obvious aspects of changing style is colour. An easy, costeffective way to instantly modernize your home is to update your walls to a posh hue.

Try a shade from Pratt & Lambert’s Colour Trends palette, which features a broad range of colours to fit any style. After tracing the development of today’s styles back to their origins, the brand’s Colour + Design team released the trends forecast. Titled “Trace,” this forecast features five palettes: Essence, Instinctive, Enough, Echo and Expressive.

From shimmering ethereal shades, to rich earth tones, to bright vibrant hues, Pratt & Lambert’s Trends provide the hottest colour options to update every room in the home. Use these colours as inspiration for other decorating elements as well to create a cohesive, modern atmosphere.

Your surroundings can greatly influence your mood and actions, and a refreshed interior can help you step forward into a new and improved lifestyle.

132 new Condo Guide may 4 - 18, 2013

Whether your taste is classic and elegant, natural and rustic, or clean and modern, accessories have a huge impact on the feel of any room. Mirrors, wall hangings, table art, pillows and floral arrangements are just some examples of accents that can completely change the look and feel of a space. Don’t be afraid to combine materials and styles, either. An ornate brass mirror can work well to complement the clean lines of a modern end table or the intricate fabric of an antique footstool.

Avoid clutter as you add visual accessories by using baskets, chests and other storage pieces to conceal magazines, books and other common items.

Accents

Rearrange Replacing your current furniture may not be in your budget, but don’t underestimate the effect rearranging your current pieces can have on your space. Simply changing the layout of a room costs nothing and can have a dramatic impact on the functionality and atmosphere of your home.

Place larger furniture pieces against the wall to open up floor space and avoid blocking walking paths. Or, you might arrange your sofa or elongated pieces of furniture at an angle in the corner of the room to give the illusion of a longer wall and also instantly create hidden storage opportunities. This update is as temporary as you want it to be, so don’t be afraid to try something new. You might even rearrange every few months to keep things fresh throughout the year.

Lighting To instantly give your space a new look, consider

changing the lighting. Whether it’s a large hanging fixture, wall sconces, standing lamps or recessed can lights, adjusting your current lighting will have a significant effect on the ambience of any room. A mixture of light sources works best for most spaces, and a visit to a local lighting store will confirm the options are endless. While many lights will serve functional purposes, others may serve as pure decoration to highlight an aspect of the room, such as a piece of artwork. And, like furniture, remember that simply adjusting the locations of table and floor lamps can have a dramatic impact your room’s feel.

Bring your home into the new year in style and update your colour, accents, layout and lighting to start fresh. By focusing on a few key areas, you can enjoy an improved living space easily and affordably.

ER N! D UN CTIO W RU O N ST N O C

SUITES STARTING FROM THE LOW $200s

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1 pm - 6 pm 11 am - 4 pm

may 4 - 18, 2013 new Condo Guide 133

money matters

Want to get out of

Gail Vaz-Oxlade is the host of Til Debt Do Us Part, author of Debt Free Forever and blogs daily at gailvazoxlade.com. Follow Gail on Twitter at twitter.com/GailVazOxlade

T

here are a lot of people walking around with the debt monkey on their backs. A lot of people.

And some of them can’t understand how they got roped into carrying the little beastie around with them. All of them wish they could shake the bugger off. So, why don’t they?

Answer seems easy enough, doesn’t it? Just pay off the debt.

DO NOT plan to take longer than three years to pay off your debt. There’s a phenomenon called “debt fatigue” that sets in if you live with your debt for too long.

134 new Condo Guide may 4 - 18, 2013

// by gail vaz-oxlade

Debt?

But wait. To do that, a body would have to admit to having debt and there are people who haven’t yet ‘fessed up to how much they owe.

Some even pull out the wide eyes and Betty-Boop lips as they announce, “I don’t know how much I owe.”

Really? You don’t know how much you owe? You’re just lucky that you’re not in the room with me, ‘cos I’d give you a good smack!

I assume, because you’re reading this, you’re interested in getting the monkey off your back. To do that, you have to do exactly what I say…

Use the Own Up to Your Debt Worksheet at gailvazoxlade.com/ resources/own_up_to_debt_ worksheet.html 1 Start by gathering every last statement you have for your debt.

You’ll need your most recent statements to get a clear picture of what’s going on. If you’ve dumped them all, just wait ‘til your next statements arrive and collect them all in one place.

2 List all the debt you have including: ›› credit cards ›› lines of credit ›› l oans (for your wedding, furniture, whatever) ›› auto financing ›› student loans ›› b uy-now-pay-later loans (even if they haven’t come due yet) ›› o utstanding bills (utilities, phone bills, cell phone,) ›› the tax man ›› spousal / child support in arrears ›› family loans ›› loans from friends ›› pay advance loans (from stores) ›› pay advances from your employer 3 Identify what you used the money for since you want to be able to remember what you’re paying all that interest on. Hmmm, all those restaurant meals don’t look like such a good investment now, do they?

4 Put in your current balance from your last statement.

Start by gathering every last statement you have for your debt.

You’ll need your most recent statements to get a clear picture of what’s going on.

5 Put in the interest rate charged.

6 The worksheet will calculate approximately* what your payment will be if you decide to pay off your debt over one, two or three years and give you a monthly total. (*Hey, I built this worksheet and it’ll give you good guidance, but if you want a perfect amount, check the web for debt repayment calculators. The point of this exercise is for you to see your reality and come to terms with what you’re going to do about it.)

7 Do not plan to take longer than three years to pay off your debt. There’s a phenomenon called “debt fatigue” that sets in if you live with your debt for too long. Thirty-six months should be your maximum repayment time frame.

8 If re-payment looks impossible, here are some steps to take: a. Get your interest rate down. $5,000 on a credit card charging 25 per cent will cost you $521 a month to repay in one year. Get your interest down to 12 per cent using a consolidation loan and you’ll pay only $467 a month on that balance. Transfer your balance to your personal line of credit and pay just 6.5 per cent and it’ll only cost you $444 a month to pay off that $5,000 in one year. Better yet, transfer your balance to a credit card with an introductory interest rate of just 2.5 per cent and it’ll cost you $427 a month. There, you just saved $100. b. Find a way to trim your budget so you can put more money towards your debt repayment. Use Gail’s Interactive Budget Worksheet to create a budget that will let you increase your debt repayment amount. Com’on now, you can trim another ten percent. You can do it! I know you can.

c. M ake more money. Yes, you may have to find a second job until you’ve made a dent in your debt.

It’ll be worth it to get the monkey off your back, I promise.

9 This is the hardest part: Tell someone what your plan is. Better still tell two, five, 11 people. If you go public, the pressure will be on to stick with the plan.

10 For reinforcement, find (or borrow, but don’t buy) a backpack and fill it with the stuff you have charged but have not yet paid for: CDs, books, those snappy shoes, that new cell phone. The idea is to make the backpack heavy. For the first week, and every time you’re feeling weak and want to go shopping, hoist that sucker on to your back and take it with you. Sound hokey? Carry that monkey around for a few weeks and you’ll see how motivated you are to get that debt off your back.

Congratulations! You’re making progress. I’m proud of you. Stick with it and before you know it you’ll be debt free and light of step.

may 4 - 18, 2013 new Condo Guide 135

in the news

Gairloch Developments

celebrates launch of 383 Sorauren

above

Bill Gairdner (left) and Martin Niro (right). Photos by Becca Lemire

136 new Condo Guide may 4 - 18, 2013

Gairloch Developments’ president, Bill Gairdner, celebrated the launch of his first condominium project – 383 Sorauren – with a successful VIP evening.

Located in the popular Roncenvalles area, 383 Sorauren will be a beautiful boutique condominium designed by Peter Clewes of architectsAlliance that completely melds with the area.

Guests were duly impressed with the suite layouts and the cleverly designed presentation centre featuring a fully furnished model suite designed by visionary designer, Johnson Chou.

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To book your personal appointment, please call (416) 588-0383.

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383 Sorauren is now open. Drop in and be impressed by this unique offering designed by renowned architect Peter Clewes. We’re a short walk from transit, great parks, cafés, and restaurants. We look forward to seeing you soon.

Exclusive Listing Agent: MarketVision. Prices, sizes, and specifications subject to change without notice. E. &. O.E. Illustration is artist’s impression. may 4 - 18, 2013 new Condo Guide 137

GTAâ&#x20AC;&#x2122;s exciting free monthly home design magazine Featuring the newest products and hottest design trends for your home, inside and out.

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138 new Condo Guide may 4 - 18, 2013

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Buy Smart in west Toronto’s largest master planned community! You don’t have to be Einstein to spot Toronto’s smartest new homeownership opportunity. Introducing Park Towers at IQ Condominiums. A brilliant master planned community centred around a beautiful park with thoughtfully designed suites and great amenities like an infinity pool, fitness centre, party lounge, terrace and more. Own for only $999/Month*

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Illustration is Artist’s concept. E.&O.E.

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may 4 - 18, 2013 new Condo Guide 139

Scrumpdillyicious

Leslie Styles, foodie and travel aficionado, shares some delicious dishes found on her travels around the world

Lobster Newburg Directions ›› Combine the flour, paprika, curry powder, nutmeg, cayenne and salt to taste, in a small bowl and set aside. Melt 4 tbsps of butter in a large saucepan over low heat and add the minced shallot. Cook three minutes until it begins to brown. Add the flour mixture and stir well until well mixed with the butter. Then add the sherry and brandy and whisk until smooth. Meanwhile, in small saucepan, bring the cream and tomato paste to a low simmer over medium heat, being careful not to let it come to a boil. Add the hot cream mixture to the flour gradually, whisking constantly until the mixture is creamy and thick. ›› Remove from the heat, cover and set aside. there are few seafood dishes as rich and luxuriant as Lobster Newburg.

An American classic, it was among the most popular dishes served in the American Pavilion at the Paris Exposition of 1900. But where did this dish originate and who on earth is Newberg? The most popular theory on the history of the dish is that it was created by Delmonico’s Restaurant in New York City, when the recipe was brought to chef Charles Ranhofer by a West Indies sea captain named Ben Wenberg. It was an immediate hit, especially with the after-theatre crowd, and owner Charles Delmonico honoured the captain by naming the dish Lobster à la Wenberg. But unfortunately, Wenberg and Delmonico had a huge falling-out, and the restaurateur took the dish off the menu, restoring it only by popular demand.

So with a typographical slight-of-hand, Delmonico changed the spelling from ‘Wenberg’ to ‘Newberg,’ and Lobster Newberg was born. Rich, creamy, saucy and delicious, this easy Lobster Newburg recipe is lusciously prepared with fresh or frozen lobster mixed with cream, butter, tomato, fragrant spices, cognac and a dash of sherry, ladled over buttery puff pastry shells or a bed of Spanish rice, and finished with a garnish of snipped chives. An elegant entrée for any special occasion, it can also easily be tweaked with shrimps, scallops or any other fine seafood that would honour old Captain Wenberg.

ingredients

›› Bake pastry shells according to manufacturer’s instructions and set aside. ›› In a sauté pan, melt the remaining three tbsps of butter over medium heat and when it starts to bubble, add the lobster and 1 tbsp of chopped chives. Cook until the lobster are just cooked through, then add enough Newburg sauce to cover, and simmer two minutes. If sauce is too thick, add some more cream and adjust seasoning. ›› Serve the Lobster Newburg over the volau-vents pastry shells and garnish with chopped and whole chives.

Serves 4

› 8 puff pastry vol-au-vents pastry shells › 4 tbsp flour › 1 tbsp paprika › 1/2 tsp curry powder › 1/8 tsp grated nutmeg 140 new Condo Guide may 4 - 18, 2013

› pinch of cayenne › 7 tbsp unsalted butter › 1 shallot, minced › 2 cups cream › 2 tbsp tomato paste › 1/4 cup brandy

› 1/4 cup sherry › 2 lobster tails, shelled and chopped into bite-size pieces › 1 bunch of chives; half chopped and half left whole

Leslie Styles is president of Styles Design Inc., a Toronto-based branding and communications agency, and author of Scrumpdillyicious, a food & travel blog dedicated to all things delicious. She can be reached at stylesdesign.net and scrumpdillyicious.blogspot.com

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homebuyersâ&#x20AC;&#x2122; help

condo buyersâ&#x20AC;&#x2122;

resource section

You love the condo, see what you can afford!

Compare mortgage rates for your best deal Calculate your mortgage payments using the mortgage payment calculation chart

may 4 - 18, 2013 new Condo Guide 145

homebuyers’ help

Calculate your mortgage payments interest rate

amortization period

chart figure

mortgage amount ÷ 1,000

monthly payment

example: 5%

25 years

5.82

125 (mortgage amount $125,000)

$

Follow these steps to see if you’ll qualify for a mortgage on your dream condo 01 Calculate the combined monthly before-tax income of you and your spouse.

02 Divide by three. This figure is the monthly payment you can afford to make on your condo.

03 Take the total price of the condo and subtract the amount of money you expect to make as a down payment.

This is the money you will have to borrow.

146 new Condo Guide may 4 - 18, 2013

04 Refer to the chart on the opposite page. Look down the left column and locate the interest rate you expect to pay. Line this up with the amortization period of your choice. (Most first-time buyers take the 25-year amortization.)

05 Multiply this figure by the amount you need to borrow.

Divide by 1,000.

06 Add to this your estimated monthly heating costs and monthly property taxes.

07 If this figure is equal to or less than one-third of your gross monthly income (calculated in Step 2), you’ll qualify for a mortgage on your dream condo.

Bear in mind that this is a rough estimate.

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

Mortgage payment calculation chart

%

Amortization Periods

Interest Rates

10 years

15 years

20 years

25 years

30 Years

3.00%

9.65

6.90

5.54

4.73

4.21

3.25%

9.76

7.02

5.66

4.86

4.34

3.50%

9.88

7.14

5.79

4.99

4.48

3.75%

9.99

7.26

5.91

5.13

4.61

4.00%

10.11

7.38

6.04

5.26

4.76

4.25%

10.23

7.50

6.17

5.40

4.90

4.50%

10.34

7.63

6.30

5.53

5.04

4.75%

10.46

7.75

6.44

5.67

5.19

5.00%

10.58

7.88

6.57

5.82

5.34 5.49

5.25%

10.70

8.01

6.74

5.96

5.50%

10.82

8.14

6.85

6.10

5.64

5.75%

10.94

8.27

6.98

6.25

5.79

6.00%

11.07

8.40

7.12

6.40

5.95

6.25%

11.19

8.53

7.26

6.55

6.11

6.50%

11.31

8.66

7.41

6.70

6.26

6.75%

11.43

8.80

7.55

6.85

6.42

7.00%

11.56

8.93

7.69

7.00

6.59

7.25%

11.68

9.07

7.84

7.16

6.75

7.50%

11.81

9.21

7.99

7.32

6.91

7.75%

11.94

9.34

8.14

7.47

7.08

8.00%

12.06

9.48

8.28

7.63

7.25

8.25%

12.19

9.62

8.44

7.79

7.42

8.50%

12.32

9.76

8.59

7.95

7.59

8.75%

12.45

9.90

8.74

8.12

7.76

9.00%

12.58

10.05

8.86

8.28

7.93

9.25%

12.71

10.19

9.05

8.45

8.10

9.50%

12.84

10.33

9.20

8.62

8.28

9.75%

12.97

10.48

9.36

8.78

8.45

10.00%

13.10

10.63

9.52

8.95

8.63

10.25%

13.24

10.77

9.68

9.12

8.80

10.50%

13.37

10.92

9.84

9.29

8.98

10.75%

13.50

11.06

10.00

9.46

9.16

11.00%

13.64

11.22

10.16

9.63

9.34

11.25%

13.77

11.36

10.32

9.80

9.52

11.50%

13.91

11.52

10.49

9.97

9.70

11.75%

14.04

11.66

10.65

10.15

9.88

12.00%

14.18

11.82

10.81

10.32

10.06

12.25%

14.32

11.97

10.98

10.49

10.25

12.50%

14.46

12.13

11.15

10.67

10.43

12.75%

14.59

12.28

11.31

10.85

10.61

This table shows the monthly payment of principal and interest for each $1,000 of mortgage. Example: The monthly principal and interest payment for a $125,000 mortgage with a 25-year amortization period at 5% is as follows: ($125,000 รท 1,000) X 5.82 = $727.50 may 4 - 18, 2013 new Condo Guide 147

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Compare mortgage rates for your best deal CHARTERED BANKS

Variable

6 Months

1 Year

2 years

3 years

4 years

5 years

ATB Financial 2.6

4 6.30op

3.1 6.30op

3.14 3.55 4.39 6.50op

3.04

Alterna Svgs/Alterna Bk 2.85

4 6.30op

3.05 3.09 3.09 2.99 6.30op

3.09

Bank of Montreal 3.1

4 6.30op

3 3.04 3.55 4.54 6.30op

3.09

Bank of Nova Scotia 3

4.55 6.45op

3.75 2.69 3.99 2.99 6.50op

4.99

Canadian Western Bank

4 6.45op

3 3.04 3.55 4.54 6.30op

5.14

CIBC 3.2

6.70op

3 3.14 3.55 2.99 6.35op

5.14

HSBC Bank Canada 3

2.7 3.95 2.98 4.99 6.35op

3.49

3.15

3.65

3.64

3.69

3.44

3

3

2.79

2.99

3.08

ICICI Bank Canada ING Direct

4.45 6.20op

3.05 3

Laurentian Bank n/a

4.4 6.70op

Manulife Bank 3 4.45

3.09 3.14 3.55 4.54 6.30op

5.14

3 3.05 3.1 3.1 4.00op

3.09

MonCana Bank

2.79

2.89

2.99

National Bank n/a

3.1 3.14 3.55 4.54 6.30op

3.39

President’s Choice Finan

4 6.70op

3.2

Royal Bank 3

4 6.30op

TD Canada Trust 3.2

2.79

3.2

2.79

3.35

3.44

3 3.04 3.55 4.54 6.30op

3.24

5.14

3 6.30op

3.04

3.55

2.99

5.14

3.09

TRUST COMPANIES AGF Trust

n/a

2.99

3.1

3.5

3.64

Community Trust

n/a

6.5

3.1

3.35

3.95

4.64

Effort Trust n/a

4.45 6.30op

3.25 3.6 3.9 4.5 6.30op

4.95

Home Trust Company

2.99

3.2

2.49

2.89

2.99

5.24

3.95

2.74

Investors Group Trust n/a

4 6.50op

3 3.14 3.55 4.54 6.30op

5.14

MTCC 3

4.55 6.45op

3.75 6.50op

2.69

3.99

2.99

4.99

Airline Financial C.U. 4

2.99 3.25 6.25op

3.29

3.09

3.49

Comtech Credit Union 2.79

6.6 8.40op

2.99 3.25 3.29 3.19 9.00op

3.09

First National Fin. LP

3.95

2.74

OTHER FINANCIAL INSTITUTIONS

2.99

2.99

FirstOntario C.U. 2.79

6.34op

2.99 3.14 3.19 3.24 6.34op

2.97

London Life n/a

3 3.14 3.55 4.54 6.30op

5.14

MCAP 2.9

3.6 3.95 4.35 4.89 7.00op

5.14

Meridian Credit Union 2.85 4.45

3.1 3.14 3.7 2.98 6.30op

3.19 3.4

4 6.50op

2.69

2.79

Parama Credit Union

2.9

3

3.05

3.15

3.25

Steinbach Credit Union

2.4

2.4

2.5

2.7

2.8

3

2.99 6.50op

3.04

2.79

3.89

3.19

Teachers Credit Union 4

4.45 6.30op

Notes **Interest rate charged subject to adjustment during term mortgage. Please consult institution for term of years available. All rates are prime rates and subject to change without notice.

R.O.R. RATES ON REQUEST op OPEN ----- NOT QUOTING N/A NOT AVAILABLE Apr. 22, 2013. Prepared By Fiscal Agents Financial Information Services 905.844.7700

may 4 - 18, 2013 new Condo Guide 149

index of advertisers 45 Charles Ltd. - Chaz

47

Lanterra Developments - The Britt

11

Alterra Homes/Finer Space - Post House Condominium

69

Lanterra Developments - Treviso II

25

Augustine Group - Port Place Condos Bazis Inc. - E Condos Bazis Inc. - Exhibit Definitive Residences Bazis Inc. - Model Suite of the Month

115 19 5 144

Lash Group of Companies - Me Liberty Development Corp. - Centro Square Condos 2

130-131 35

Liberty Development Corp. - Royal Gardens

36-37

Liberty Development Corp. - Terrace on Danforth

36-37

Liberty Development Corp. - World on Yonge

36-37

Brandy Lane Homes - The Station

89

Camrost - Felcorp - Imperial Plaza

3

Lifetime Developments - Corporate

31

Camrost - Felcorp - Yorkville Plaza

1

Luxury Condos - Promo

54

Canpages - Promo

114

Carttera - One Eleven Condominiums & Lofts

87

Carttera - SIXTY Colborne

73

Catalia Development - Summer Palace

111

Chinese Home & Condo Guide - Promo

102

City Core - Harmony Village Sheppard

83

Concert Properties - 88 Scott

59

Concord Adex - Opus

38-39

Cresford Development Corp. - CASA III

IBC

Cresford Development Corp. - Lofts 399

152

Cresford Development Corp. - Merton Yonge Condominiums

151

Davies Smith - Eleven Superior

133

Dundee Kilmer Developments - Canary District Condominiums

81

Eastonâ&#x20AC;&#x2122;s Group - King Blue Condominiums

79

Eden Shaw - Chaz

47

Empire Communities - Rain Condominiums

99

Empire Communities - The HUB

6-7

Empire Communities - The Mark

45

Family of magazines - Promo

148

Flato Development - Arthouse

109

Freed - 155 REDPATH

55

Freed - SIXTY Colborne

73

Gairloch Investments - 383 Sorauren Graywood Developments - Five Condos Graywood/Beaverhall Development - Ocean Club Great Gulf Homes - One Bloor Residences Great Gulf Homes - One Sherway Condominiums

137 51 125 17 22-23

Menkes Developments Inc. - Corporate

Insert

Menkes Developments Inc. - Noir

Insert

Menkes Developments Inc. - One Sherway Condominiums

22-23

Metropia - E Condos Metropia - Exhibit Definitive Residences

19 5

MintoUrban Communities Inc. - 30 Roe

67

Mod Developments Inc. - The Massey Tower

49

Monarch Corporation - Corporate

Insert

Monarch Corporation - Lago

Insert

Monarch Corporation - Picasso on Richmond

Insert

Monarch Corporation - The Epicurean

Insert

North Drive Investment - The High Park

62-63

Pemberton Group - Downtown Erin Mills Condominiums

8

Pemberton Group - Sky City 2

9

Pianosi Developments - Perspective Condos

126-127

Pinnacle International - Pinnacle Grand Park 2

103

Pinnacle International - The Pinnacle on Adelaide

129

Plaza - Exhibit Definitive Residences

5

Plaza Premium Lounge - Promo

80

Remington Group - King Blue Condominiums

79

Rio Can - E Condos

19

Shopping Guide - Promo

72

Tarion - Tarion Awards of Excellence

53

The Daniels Corporation - Cinema Tower Condominiums

41

The Daniels Corporation - High Park Condominiums

Insert & 57

The Daniels Corporation - NY2

15

Great Gulf Homes - Yonge+Richmond

24

The Daniels Corporation - One Park Place Condominiums

29

Greenpark Homes - Axiom Condominiums

93

Tower Hill Development Corporation - 2221 Yonge

75

Tribute Communities - Canterbury

61

Guizzetti Developments - Grand Palace Harhay Developments - One Eleven Condominiums & Lofts Home Decor & Renovations - Promo Lanterra Developments - Riverhouse at the Old Mill 150 new Condo Guide may 4 - 18, 2013

105 87 138 27

Tridel Corporation - 101 Erskine

IFC

Tridel Corporation - Ventus at Metrogate

BC

YYZed Project management - VISTO

143

WORD ON THE STREET ACT NOW! WELL UNDER CONSTRUCTION - MOVE IN THIS YEAR!

introducing

The Streetside Collection Urban 1 and 2 storey Townhomes from 1000 to 1700 sq. ft. with vibrant street access and private interior gardens. Centrally located in the heart of Davisville village, flanked by the lively neighbourhoods of Eglinton & St. Clair and located at Yonge & Merton. Steps to the subway, parks, trails and great shopping.

M ERTO N YO NGE TOWNHOM E S

N

DAVISVILLE PRESENTATION CENTRE MERTON

TTC SUBWAY

Fresh Urban Towns from the low $500,000’s Tower Suites from the low $300,000’s

YONGE

➤

EGLINTON

SITE ST. CLAIR

To see up-to-date construction progress visit cresford.com Visit the New Presentation Centre 170 Merton St. Toronto, ON. M4S 1A1 416.484.1900 myccondo.com

BROKERS PROTECTED. PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. ILLUSTRATIONS ARE ARTIST CONCEPT. E.&O.E. may 4 - 18, 2013 new Condo Guide 151

LOFT 10’ & 12’ lofts in King West. Cool Layouts, Awesome Amenities in the heart of the Black Tie District at Adelaide and Brant.

Brokers Protected. Illustrations are artist’s concept. Prices and specifications are subject to change without notice. E. & O.E.

PRESENTATION CENTRE 19 BRANT STREET SUITE 103 T.416.867.3999 LOFTS399.COM

RICHMOND ST. W N

CAMDEN ST. ADELAIDE ST. W KING ST. W

SPADINA AVE.

SPACIOUS LOFTS IN THE 400’s $

BRANT ST.

MOVE IN NOW

DESIGNED FOR MODERN LIVING

PRICES STARTING

SUITES FROM $285,000* Parking Available PRESENTATION CENTRE

2611 YONGE STREET AT SHELDRAKE BLVD. North of Eglinton CONTACT US

PHONE 416.480.0700 WEB TRIDEL.COM

101erskine@tridel.com

PRESENTATION CENTRE HOURS: Monday to Thursday, 11 am – 7 pm Friday Closed Weekends & Holidays, 12 noon – 6 pm A Tridel Built Green.

Built for Life.® community.

Discover our highly anticipated cosmopolitan tower suites The 2F corner suite at 101 Erskine maximizes your living space with a split 2-bedroom layout and 2 full-sized bathrooms. Enjoy modern styling with a spacious living and dining room, smooth ceilings**, and an expansive balcony with spectacular views of the city. Enjoy the luxurious amenities offered at 101 Erskine, as well as being conveniently located steps from shopping, dining and entertainment.

11'-0"

DINING

D/W

13'-8"

MASTER BEDROOM

F

LIVING 13'-8"

MC

L

FC

W.I.C.

18'-10"

BALCONY 10'-0"

3'-8"

W

BEDROOM

D

9'-3"

2F 15

1C+D 01

1F+D 14

1G+D 03

1D+D 13

1D+DR 04

1E+D 12

1D+D 05

*Prices and specifications are subject to change without notice. Illustrations are artist’s concept only.

S2 to Building and view not to scale. **As per suite design. All dimensions are approximate and subject 11 normal construction variances. Dimensions may exceed the usable floor area. Furniture is for illustration purposes only and does not necessarily reflect the electrical plan for the suite. Suites are sold unfurnished.

2B 10 Tridel®, Tridel Built for Life®, Tridel Built Green. Built for Life.® are registered trademarks of Tridel and 1A 08 used under license. ©Tridel 2013. All rights reserved. E.&O.E. April 2013.

2F

2D+D 02

839 sq. ft.* $519,000*

S1 06 2A 07 Facebook.com/Tridel

FLOORS 7TH-23RD

Twitter.com/Tridel

2F 15 tridel.com

unveiling soon in yorkville

T H E N E X T L E V E L O F YO R K V I L L E L I V I N G .

Say oui to French-inspired elegance. Coming this spring, CASA III Condominiums, lobby to be furnished with Hermès. The international signature of style and sophistication takes up residence in Yorkville.

Condominiums from $239,900. Register now casacondominium.com or 416-486-CASA(2272).

BROKERS PROTECTED. PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. ILLUSTRATIONS ARE ARTIST CONCEPT. E.&O.E.

MOVE IN NOW!

Suite 607 PRICES STARTING

2E+D DESIGN FROM $343,500* Parking Included

PRESENTATION CENTRE

52 VILLAGE GREEN SQUARE SCARBOROUGH Kennedy Road, north of Hwy. 401 CONTACT US

PHONE 416.293.5535 WEB TRIDEL.COM

Feel at home in the Ventus 2E+Dining suite, providing 838 sq. ft.* of gracious living. This corner suite offers an open concept kitchen overlooking the dining room, perfect for entertaining. The spacious two-bedroom design includes superior features and finishing details with a walkout balcony overlooking the eco-friendly Metrogate Park. Includes one parking spot. See the stunning lobby with attentive concierge, tour the Club Ventus recreational amenities and visit our four new designer decorated model suites.

PRESENTATION CENTRE HOURS: Monday to Thursday 11 am – 7 pm Friday Closed Saturday & Sunday 12 pm – 6 pm

A Tridel Built Green. Built for Life.® community. *Prices and specifications are subject to change without notice. Tridel®, Tridel Built for Life®, Tridel Built Green. Built for Life.® are registered trademarks of Tridel and used under license. ©

Tridel 2013. All rights reserved. E.&O.E. April 2013.

metrogate@tridel.com

Facebook.com/Tridel

Twitter.com/Tridel

tridel.com