GTA New Condo Guide, Mar 15, 2014 by NextHome

March 15 - 29, 2014 Volume 18 Issue 06

INSIDE THIS ISSUE

BILD MEMBERS WIN BIG IN VEGAS

FIRST-TIME HOMEBUYERS’ DUE DILIGENCE

MIAMI STYLE SIZZLES NORTH OF THE BORDER

Tridel. Everywhere you want to be.

THIS IS YORKVILLE AT ITS BEST.

COMING SOON A N E W S I G NATU R E R E S I D EN C E AT C U M B ER L AN D AN D AVEN U E ROAD

FROM $349,900

FOR THOSE IN THE KNOW. PRE VIEW REG ISTR ATION | TH ECU M B E R L AN D.CA PRICES AND SPECIFICATIONS SUBJECT TO CHANGE. E.&O.E. BROKERS PROTECTED. ILLUSTRATION IS ARTIST’S CONCEPT.

EDITOR’S NOTE

THINK YOU CAN’T AFFORD A HOME? THINK AGAIN!

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

Much like that bank commercial that says, “you’re richer than you think,” a new home may be more affordable than you originally thought. Perhaps you only need to change your definition of “home” to get into the market. While a detached home is the traditional choice for many, highrise and lowrise condo suites, lofts and townhomes have become a prime choice among first-time buyers and empty nesters in the market for a new place to call “home.” Not only does condominium living afford you the opportunity to live in a prime neighbourhood at a great starting price, when it’s time to move you can often opt to remain in the same neighbourhood, since many buildings and townhome communities offer a mix of designs and sizes, which allow families to relocate easily without having to change jobs or schools. Today’s communities generally have a range of sizes and prices that start at the “affordable” end of the price spectrum. Now is an exciting time to be shopping for a new place, so don’t miss this excellent buying opportunity. Have a look through this issue and see what you think. The home of your dreams is waiting.

THOSE “SUITE” EXTRAS

LYDIA MCNUTT EDITOR

Wall2Wall Media Lydia.McNutt@wall2wallmedia.com Follow me on Twitter at Twitter.com/LydiasTweets

002 NEW CONDO GUIDE MARCH 15 - 29, 2014

We’ve all had it with winter. Just when we start to see a slight warm up, it snows and we find ourselves right back in the thick of it. Rest assured, spring is around the corner and beneath the layer of ice and snow, the real estate market is alive! This is a busy time of year for condo builders, who will be launching many new projects in the coming weeks. There’s lots of competition, and many builders are offering more than a great price to entice homebuyers. From beautiful suite layouts and finishes, to luxurious building amenities, condo builders know that the new generation of homebuyers is a sophisticated breed who wants top-of-the-line finishes, smart features, and efficient layouts that make 700 sq. ft. feel like much more. When considering your home’s features, look beyond the four walls of your suite. If you enjoy working out at the gym or doing some laps in the pool, choosing a condo with these amenities built right in will save you travel time and membership fees, not to mention boosting the resale value should you ever choose to sell. As an added bonus, some builders may cover your maintenance fees for a year, or are offering a free TTC Metropass with your purchase, or a suite-of-the-month promotion. Get out there and explore everything our great city has to offer, and consider those little extras that may tip the scales in favour of one condo over another. Remember to compare apples with apples. If there are dramatic differences in condo suite prices, find out why and then decide where your money is better spent. Best of luck in your search!

16 FOOT LOFT

UP TO

LIVING mId 500 s from the

’

YONGE & ST. CLAIR

NOW UNDER CONSTRUCTION | OCCUPANCY SCHEDULED FOR THIS SPRING

ONLY 5% DEPOSIT

up to 16’ ceilings, spectacular views, luxurious interiors and unparalleled amenities, all in an iconic limestone building.

IMPERIAL SUITES WITH 10’ CEILINGS FROM $384,900 *

VISIT OUR SALES CENTRE TODAY 1499 YONGE ST. (JUST NORTH OF ST. CLAIR) 16FOOTLOFTS.CA | 416-925-2501

CONDOMINIUMS

* See Sales Representative for details. Limited time offer. Prices and specifications subject to change without notice. E. & O.E. Brokers protected. All images are artist concept.

MARCH 15 - 29, 2014 NEW CONDO GUIDE 003

NEW CONDO GUIDE

CONTRIBUTORS

VICE-PRESIDENT, WALL2WALL MEDIA

Jacqueline Hill EDITOR-IN-CHIEF / DIRECTOR OF CONTENT

Susan Legge DIRECTOR OF SALES, NATIONAL

Josh Heppner ASSOCIATE PUBLISHER SWO NEW HOMES & LIFESTYLE COMMUNITIES

Susan Maxwell ART DIRECTOR

Sarah Jang EDITOR

Lydia McNutt CONTRIBUTING EDITORS

BILD REPORT

LEGALLY SPEAKING

DESIGNER ADVICE

Bryan Tuckey

Jayson Schwarz

Yanic Simard

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

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

Yanic Simard is New Condo Guide’s design editor 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

Sara Duck Wayne Karl Elisa Krovblit DESIGN EDITOR

Yanic Simard

SALES MANAGER

Conni Robinson SENIOR ACCOUNT EXECUTIVE

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

Nina Downs nina.downs@wall2wallmedia.com

SALES & MARKETING CO-ORDINATOR

Terry Bassett ADMINISTRATIVE ASSISTANT

Antoinette Jackson PRODUCTION MANAGER

Bala Gnanapandithan PRODUCTION CO-ORDINATOR

Sandra Hanak-Vujnovic CONDO PRO

CITY SCENE

Barbara Lawlor

Brad J. Lamb

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.

Brad J. Lamb is president of Lamb Development Corp. and Brad J. Lamb Realty. Over the last 25 years he has successfully led the marketing and sales programs for over 100 condominium projects in Toronto, Ottawa, Montreal and most recently Calgary. Visit torontocondos.com or follow Brad on Facebook, Instagram and Twitter @BradJLamb

INVESTOR ADVICE

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

GRAPHIC DESIGNERS

Caroline Wassef Sandra Hanak-Vujnovic

Published By

#500-401 The West Mall Etobicoke, ON M9C 5J5 T 416.626.4200 F 416.784.5867

Call 416.626.4200 for a dvertising rates and information. CIRCULATION Free distribution in select high-traffic street boxes, stores, banks, financial institutions and select condominium sales offices. COPYRIGHT 2014 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 m isprints. 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

THE TAX MAN

George E. Dube George is a real estate investor and chartered accountant with the practice Dube & Cuttini Chartered Accountants LLP. George is a frequent guest speaker, has written articles and co-authored two books, and he is a member of the Real Estate Investment Network Faculty. Email georgedube@dubecuttini. com or call 1.877.475.3823.

MONEY MATTERS

MAKE YOUR MOVE

Gail Vaz-Oxlade

Chuck Resnick

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

Chuck Resnick is vice-president of marketing and operations at Two Men And A Truck – Canada, a division of Heron Capital Corp. He can be reached by visiting online at twomen.ca and by calling 416.204.0007.

004 NEW CONDO GUIDE MARCH 15 - 29, 2014

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.

C O N DO M I N I U M R ES I DE N C ES AT YO R K V I L L E & YO N G E

NOW OPEN 1YORKVILLE.CA STARTING FROM THE $300ʼS

PRESENTATION LOUNGE 162 CUMBERLAND ST. (416) 519-2911

@BazisInc

RENDERING IS ARTIST’S CONCEPT ONLY

MARCH 15 - 29, 2014 NEW CONDO GUIDE 005

WHERE IN THE EMPIRE DO YOU WANT TO LIVE? EMPIRECOMMUNITIES.COM Celebrating 20 years in the building industry, Empire Communities continues to raise the bar in urban living with a range of iconic communities across the GTA. Markham Rd.

MARKHAM

9560 Markham Rd. 905.554.5015

Bur Oak Ave. 16th Ave.

REMARKABLE RESIDENCES. REMARKABLE MARKHAM.

Your floor. Your Suite. One Price.* Up to $10,000 cash back and 2 years free maintenance.* SUITES FROM THE MID $200’s** NOW OPEN themarkcondos.ca Subway St.

Allen Rd.

TORONTO

1603 Eglinton Ave. W. 416.784.3482 Eglinton Ave. W. Oakwood Ave.

Glenholme Ave.

Dufferin St.

LIVE LIFE ON TOMORROW’S FAST LANE. MAKE THE SWITCH. GET CONNECTED TO THE HUB.

Ask about Empire’s Easy Buy Program & 5% Deposit Program.*

SUITES FROM THE MID $200’s** NOW OPEN empirethehub.com

OAKVILLE 521 Kerr St. 905.845.7246

HWY 403/QEW Wyecroft Rd. Speers Rd.

SUITES FROM THE $200’s** NOW UNDER CONSTRUCTION raincondos.com 006 NEW CONDO GUIDE MARCH 15 - 29, 2014

Trafalgar Rd.

New Suite designs up to 1,400+ sq.ft., $10,000 cash back, special deposit program and other great incentives.*

Kerr St.

Dorval Dr.

OAKVILLE’S HOTTEST NEW RELEASE!

Lakeshore Rd. Lake Ontario

Cornwall Rd.

HERE’S HOW IT WORKS: PAY $2500 DOWN $500/MONTH FOR 47 MONTHS

PLUS GET 1 YEAR FREE TTC PASS† & A FREE TRIP FOR 2 TO THE CARIBBEAN†

LIMITED TIME OFFER ENDS MARCH 31ST - DON’T MISS OUT!

ASK ABOUT OUR OPENING BONUS OF UP TO $80,000!* LUXURY WATERFRONT LIVING FROM THE LOW $300’s** EAUDUSOLEILCONDOS.COM | 416.503.3328 VISIT THE PRESENTATION GALLERY AT 2183 LAKE SHORE BLVD. WEST MON-FRI: 12PM-6PM SAT & SUN AND HOLIDAYS: 12PM-5PM †LIMITED TIME OFFER, PLEASE SEE SALES REPRESENTATIVE FOR DETAILS. SOME RESTRICTIONS APPLY TO $500 A MONTH HOME OWNERSHIP, 1 YEAR TTC PASS AND TRIP FOR TWO TO THE CARIBBEAN. OFFER ONLY AVAILABLE ON THE SUPERIOR, COBALT AND CYAN SUITES. RBC ON-SITE MORTGAGE APPROVAL IS REQUIRED. BALANCE OF 15% ON OCCUPANCY. *RESTRICTIONS APPLY TO THE CASH BACK INCENTIVE, NEW RELEASE SALES PROGRAM, SPECIAL DEPOSIT PROGRAM, EASY BUY PROGRAM, THE OPENING BONUS OF UP TO $80,0000 AND OTHER INCENTIVES AND SALES PROGRAMS WHICH ARE SITE SPECIFIC. **PRICES SIZES & SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. RENDERINGS ARE ARTIST’S CONCEPT. EXCLUSIVE LISTING BROKERAGE TFN REALTY INC. BROKERS PROTECTED. E.&O.E. MARCH 2014.

MARCH 15 - 29, 2014 NEW CONDO GUIDE 007

R P W NO

G N I W E I V E

RAW. ORGANIC. UNSCRIPTED.

OSSINGTON AVE

008 NEW CONDO GUIDE MARCH 15 - 29, 2014

Exclusive Listing Brokerage, Circle M Realty Corporation, Brokerage. Brokers Protected. Illustration is artist’s concept. Prices and specifications are subject to change without notice. E. & O.E.

QUEEN ST W

1093 QUEEN ST. WEST MON-THURS: 12-7PM, FRI: CLOSED, SAT & SUN: 12-6PM

DUFFERIN ST

TEN93QUEENWEST.COM | 416 546 6355

it’s all about you®

DOVERCOURT RD

Live the life you love at the heart of everything Queen West. Discover a superb collection of Studios, 1 Bed, 1 Bed + Den, 2 Bed, 2 Bed + Den and 2–Storey suites, plus a fine roster of lifestyle amenities. Visit the Presentation Gallery today.

GLADSTONE AVE

CONDOMINIUMS AT QUEEN WEST & DOVERCOURT FROM THE $280’S

SUD BUR YS T KING ST W

E1 PH A S

LD % SO

RN E T S I RE G

AS E H P W

RICHMOND HILL’S BEST VALUE

NEW SUITES NOW AVAILABLE FROM THE LOW $300’s BAYVIEW AVE.

RED MAPLE AVE.

PHASE 1 UNDER CONSTRUCTION REGISTER AT SKYCITYCONDOS.COM OR CALL 905.709.5700

HIGH TECH RD. YONGE ST.

A master planned urban community is taking shape at Yonge & Highway 7 in the heart of Richmond Hill. SkyCity Condos offers the best combination of location, value, lifestyle and amenities.

HWY 7 HWY 407 ETR

NON TRANSPARENT

MONDAY – THURSDAY 12 – 7PM, SATURDAY & SUNDAY 12 – 6PM, FRIDAY CLOSED Exclusive Listing Brokerage Circle M Realty Corporation. Prices and specifications are subject to change without notice. Illustration is artist’s concept E.&O.E.

MARCH 15 - 29, 2014 NEW CONDO GUIDE 009

Model Suite Compliments of Lanterra Developments Ltd.

www.lanterradevelopments.com

BUILDING A BETTER WORLD

The Britt Residences at Bay & Wellesley. British Inspired Living - The Wimbledon, 1,111 sq. ft., three bedroom suite. 955 Bay St., Toronto.

MARCH2014 Lanterra Developments Ltd. has been featured as “MODEL SUITE OF THE MONTH” as seen in the New Condo Guide model suite calendar

See The Britt from a Different Point of View! new release: The Upper Suites, a limited number of upper floor residences, featuring impeccable services, lavish finishes and forever views.

• 24-hour executive concierge • professional butler Service • spa & wellness services • executive home maintenance service

70% SOLD

• 3 elegant lobby lounges

CONDOmINIUmS fROm The $270’S

CONSTRUCTION STaRT

ThebRITTCONDOS.COm 416.926.1669

Exclusive Listing Broker Milborne Real Estate Inc. Brokers Protected. Marketing Management by Anne Lambrou Living Visions Inc. Prices and specifications subject to change without notice. Illustrations are artist’s concept. E.&O.E.

MARCH 15 - 29, 2014 NEW CONDO GUIDE 011

TABLE OF CONTENTS

March 15 – 29, 2014 VOLUME 18 ISSUE 06

FORWARD:

Forward-thinking architecture, amenities and lifestyle 88

COLUMNS, NEWS & FEATURES 002 EDITOR’S NOTE COLUMNISTS

058 MAKE YOUR MOVE Do your research BY CHUCK RESNICK

014 BILD REPORT Six BILD members win gold at Olympics for builders

068 QUICK TIPS Spring cleaning, all year long

018 CONDO PRO Condos are a favourite choice for women

072 IN THE CITY On the merits of buying a home

034 MORTGAGE FINESSE Is paying off your mortgage bad for your net worth?

080 MONEY MATTERS We’re having a baby!

BY BRYAN TUCKEY

BY BARBARA LAWLOR

BY CALUM ROSS

048 THE TAX MAN Why buy real estate if you’re already in a high tax bracket? BY GEORGE E. DUBE

050 LEGALLY SPEAKING When buying your first home, do your due diligence BY JAYSON SCHWARZ

BY HELLEN BUTTIGIEG

BY BRAD J. LAMB

BY GAIL VAZ-OXLADE

086 INVESTOR ADVICE Four good reasons to consider a pre-construction condo investment BY ANDREW LA FLEUR

088 DESIGNER ADVICE South Beach style BY YANIC SIMARD

IN THE NEWS

016 MORTGAGE INSURANCE CMHC and Genworth Canada to increase mortgage insurance premiums 030 CMHC REPORT February housing starts 032 MENKES ULI Annual Fireside Chat: Catching up with Menkes 044 BAZIS & PLAZA 1 Yorkville celebrates exciting response 066 BANK OF CANADA Bank of Canada maintains overnight rate target at one per cent 074 CITY CORE DEV. Survey shows 59 per cent of Ontario homeowners age 50-plus are looking to downsize within five years

076 EASTON’S GROUP Spectacular rooftop terraces coming soon to Dundas Square Gardens 104 EMPIRE

Hot Toronto waterfront condo for just $500 a month

106 LASH DEV. CORP.

Get in on the ground floor at Cloud9

HOMEBUYERS’ HELP

038 HOMEBUYERS’ HELP Five important tips for buying a new condo

054 HOT TOPIC Finding the perfect home: Factors and features to consider

CONDO PROFILES

056 FINANCES Financial dos and don’ts when buying your first home

BLVD DEVELOPMENTS & LIFETIME DEVELOPMENTS

070 MARKETPLACE Rub-a-dub dub

The Code Condos Rare opportunity in the heart of Forest Hill

BY ELISA KROVBLIT

092 CONDO WATCH 416 Previews, new releases and grand openings in the 416 area

094 BUILDER PROFILE 10 minutes with Michoel Klugmann

THE DANIELS CORPORATION

NY2 Condominiums New model suites now open at Daniels’ NY2 Condominiums

096 CONDO HUNTER’S CHECKLIST 098 SWEETEST SUITES Flora suite-of-the-month offers remarkable value at ELAD Canada’s Emerald City 1 100 HOMEBUYERS’ HELP Buying a new home? Protect your investment 102 SWEETEST SUITES The Lily model suite blooms with possibilities at ME Markham and Ellesmere Living 116 CONDO WATCH 905 Previews, new releases and grand openings in the 905 area 128 HOT DATES What’s happening in and around the GTA 129 CONDO BUYERS’ RESOURCE SECTION You love the home, see what you can afford 134 INDEX OF ADVERTISERS

40 64

TRIDEL

SQ at Alexandra Park Critics rave about the bold design at Tridel’s latest development

BILD REPORT

6 BILD members grab

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

t is a privilege to lead our great association, and I felt especially lucky to have this job on one recent night in Las Vegas when six Building Industry and Land Development Association members painted the town red and white after claiming gold.

014 NEW CONDO GUIDE MARCH 15 - 29, 2014

// BY BRYAN TUCKEY

GOLD AT OLYMPICS FOR BUILDERS Our members were nominated 40 times at the awards ceremony of the National Association of Home Builders International Builders’ Show, which is better known in our industry as simply “The Nationals.” This is the Olympics for the housing industry in the U.S. where the marketers shine. The marketers are the people behind the inspiring websites, slick brochures and polished sales centres that draw new-home buyers in to investigate the newest highrise or community of single-detached homes coming to the GTA. They lend their creativity to our industry to think beyond the bricks and mortar of the home, and to capture and hold the attention of new-home buyers. With a huge number of new communities to choose from in the GTA, it is an incredible challenge to stand out from the pack. And when our members’ marketing materials stand out at a competition dominated by California, Colorado and New York nominees, and includes candidates from China, Saudi Arabia, Mexico and Panama, it speaks to the quality of the professionals working across this region. Remington won two prizes, first claiming gold for social media campaigns for their public art competition that the company ran in Markham. The campaign had a $2,000 budget, yet generated more than 70,000 votes and 11,500 referrals from social media sites in one month. Partnering with agency Figure 3, Remington took its second gold in the best presentation centre category for its community, Downtown Markham. The judges said the Remington presentation centre was “a space that feels more like a contemporary art gallery than a sales centre.” Great Gulf Homes and the marketing agency Community won gold for best brochure. The builder’s “Above and Beyond” brochure for the Yonge+Rich community “soars to a new level of perfection,” the judges commented. “From the minimal, elegant use of typography to the subtle textures of the paper, the brochure itself has an architectural feeling that begs to be explored.” Lastly, Empire Communities and agency 52 Pick-up Inc. were co-winners for gold in the best signage category for Toronto community The HUB. While we didn’t win, BILD was recognized with a judges’ special award of excellence in the building industry community spirit category. BILD teamed up with In2ition Realty to create the Race for Humanity, an awardwinning scavenger hunt for industry professionals, which we put on every year for our community partner Habitat for Humanity Toronto. Last year, almost 600 builders, developers, sales and marketing professionals took up the hunt and helped raise more than $36,000 for Habitat. Congratulations to all of our winners and finalists. We look forward to seeing you when we announce the winners of our own BILD Awards on April 25. Good luck!

ASK ABOUT

COMING THIS SPRING! TO DOWNTOWN EAST One Park Place North Tower was such an incredible success that we decided to introduce

There are so many reasons to choose ONE

BUY WITH

Already under construction, One Park Place South Tower is the newest addition to the internationally recognized and award-winning Regent Park revitalization. Offering incredible views of Lake Ontario as well as the city skyline and situated just steps from some of the cityâ&#x20AC;&#x2122;s hottest new amenities including Daniels Spectrum, the Aquatic Centre and a soon to open 6-acre park, as well as shopping, restaurants and the convenience of the TTC, One Park Place South Tower is the ONE place to be in downtown Toronto.

416.955.0559

danielsoneparkplace.com

SUITES FROM

$199,900

*The First Home Boost Program is only available on a limited number of suites. Conditions apply. Exclusive Listing: CityLife Realty Ltd. Brokerage. Brokers Protected. Illustrations are artists concepts. Prices and specifications are subject to change without notice. E.&O.E. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without prior written permission of The Daniels Corporation, is strictly prohibited.

DOWN

IN THE NEWS

CMHC TO INCREASE

mortgage insurance premiums FOLLOWING THE ANNUAL REVIEW OF ITS INSURANCE PRODUCTS AND CAPITAL REQUIREMENTS, Canada Mortgage and Housing Corp. (CMHC) will increase its mortgage loan insurance premiums effective May 1, 2014. The increase applies to mortgage loan insurance premiums for owner-occupied, self-employed, and one- to four-unit rental properties, including low-ratio refinance premiums. This does not apply to mortgages currently insured by CMHC. CMHC’s capital management framework is consistent with international practices and Canadian guidelines for mortgage insurers. Increased capital targets are consistent with Canadian and

95% LOAN-TO-VALUE Loan Amount Current Premium New Premium Additional Premium Increase to Monthly Mortgage Payment

$150,000 $4,125 $4,725 $600 $3.00

international industry trends and makes the financial system more stable and resilient. “The higher premiums reflect CMHC’s higher capital targets,” says Steven Mennill, CMHC’s vice-president, insurance operations. “CMHC’s capital holdings reduce Canadian taxpayers’ exposure to the housing market and contribute to the long-term stability of the financial system.” For the average Canadian homebuyer requiring CMHC-insured financing, the higher premium will result in an increase of approximately $5 to their monthly mortgage payment, CMHC says. This is not expected to have a material impact on the housing market. Effective May 1, CMHC mortgage insurance premiums will increase by approximately 15 per cent, on average, for all loan-to-value ranges. CMHC reviews its premiums on an annual basis and, going forward, plans to announce decisions on premiums in the first quarter of each year. The homeowner premium increase follows changes CMHC made to its portfolio insurance product earlier this year. As Canada’s national housing agency, CMHC draws on more than 65 years of experience to help Canadians access a variety of quality, environmentally sustainable and affordable housing solutions that will continue to create vibrant and healthy communities and cities across the country.

$250,000 $6,875 $7,875 $1,000 $4.98

$350,000 $9,625 $11,025 $1,400 $6.99

$450,000 $12,375 $14,175 $1,800 $8.98

Based on a five-year term at 3.49 per cent and a 25-year amortization. *Premiums in Manitoba, Ontario and Quebec are subject to provincial sales tax — the sales tax cannot be added to the loan amount.

85% LOAN-TO-VALUE Loan Amount Current Premium New Premium Additional Premium Increase to Monthly Mortgage Payment

$150,000 $2,625 $2,700 $75 $0.37

$250,000 $4,375 $4,500 $125 $0.62

$350,000 $6,125 $6,300 $175 $0.87

$450,000 $7,875 $8,100 $225 $1.12

Based on a five-year term at 3.49 per cent and a 25-year amortization. 016 NEW CONDO GUIDE MARCH 15 - 29, 2014

GENWORTH CANADA ALSO ANNOUNCES NEW MORTGAGE INSURANCE PREMIUM RATES Effective May 1, 2014, Genworth Canada will also increase its mortgage insurance premium rates by an average of 15 per cent. “We believe this new pricing is prudent and more reflective of increased regulatory capital requirements,” says Brian Hurley, chairman and CEO of Genworth Canada. “These pricing actions are supportive of the long-term safety and stability of the Canadian housing market.” The new premium rates for standard owneroccupied purchase applications submitted on or after May 1, 2014 are: Standard Standard Premium Premium Loan-to-Value Ratio (Current) (Effective May 1, 2014) Up to and including 65% Up to and including 75% Up to and including 80% Up to and including 85% Up to and including 90% Up to and including 95%

0.50% 0.65% 1.00% 1.75% 2.00% 2.75%

0.60% 0.75% 1.25% 1.80% 2.40% 3.15%

Monarch first. In the Kingsway

You’re ready for The Kingsway and the many comforts of Etobicoke’s most prestigious address. Experience assured elegance just a short stroll from the Humber River Valley, minutes from a world of shops, services and restaurants. At a price that will make you visit Monarch first. Studios to 2 bed+dens from 430 sq.ft. to 1175 sq.ft., some with large terraces! Priced from the mid

200,000s*

ASK ABOUT OUR LIMITED TIME INCENTIVES

SALES CENTRE

Royal York Rd.

Prince Edward Dr.

Islington Ave.

Kipling Ave.

Bloor St.

BUILDING LOCATION

Jane St.

St. Dundas

EPICUREAN SALES CENTRE 4195 Dundas Street West (Entrance on Prince Edward Dr.) Etobicoke, ON Tel: 416-495-3530 SALES CENTRE HOURS: Mon.- Wed. 12pm - 6pm, Weekend & Holidays 12pm - 5pm Closed Thursdays & Fridays

discover more

MonarchGroup.net *Limited time only. Some conditions apply. Please ask a sales representative for full details. Prices, specifications and promotions are subject to change without notice. Renderings are artist’s concept and images are for mood and impression only. E.&O.E. 9379

CONDO PRO

Condos are a

// BY BARBARA LAWLOR

FAVOURITE CHOICE FOR WOMEN

he condominium landscape across the GTA gets more beautiful and exciting all the time. And condos continue to be the popular choice for new homebuyers from all walks of life, including more and more women. This started a few years ago, when the condominium lifestyle began receiving attention from more than just the empty-nester segment of the market. The feeling of community, nurtured by gorgeous amenity areas, combined with the privacy of having one’s own suite, offers the best of both worlds. Residents can mix and mingle with neighbours and also enjoy the solitude of their personal surroundings, all under one roof. Add to this the enhanced security that comes along with condo living, and it’s even more

018 NEW CONDO GUIDE MARCH 15 - 29, 2014

attractive for women. With the concierge providing screening of visitors and “eyes on the street,” suite owners have a secure feeling when entering their buildings. Today’s condo dwellers also enjoy peace of mind from features like monitored cameras in the parking garage, enter-phone, in-suite security systems and the like. In a condominium, there are plenty of neighbours close by should you need help with anything. Trading favours like watering plants or caring for pets while someone is away is a common occurrence, and seeing the same people day after day in the hallways and elevators and getting to know them over time is comforting. Another wonderful thing about buying a new condo is the “new” part. You can’t beat the feeling of starting with a fresh palette. There is nothing like the smell of a new suite that is completely clean and waiting for you to place your personal stamp on the surroundings. What a joy it is to be able to select your own colours and materials for flooring, countertops and fixtures. And starting out with brand new appliances is a real luxury. Even when couples are involved in a condominium purchase, it is usually the woman who makes the primary decisions when it comes to selecting features and finishes, and even sometimes which building they choose. The standards and upgrades offered are important, because of the value they provide, and the opportunity to create surroundings that reflect the buyers’ personalities. In addition to paying particular attention to the details, women tend to see the overall picture. Take the lobby, for example. This area is like the living room for the entire building, and I think that women, in particular, prefer it to have an upscale, sophisticated feel that reflects the sensibility of the condo’s architecture. Day-to-day lifestyle is critically important in the list of reasons why so many women opt for condos as their first choice. A fantastic sense of freedom comes from being able to travel and just lock the door behind without worrying about lawn maintenance, snow removal, heavy repairs and the like. Plus, today’s condos have positively gorgeous amenities that nurture a sense of belonging and make these buildings feel like “home” in the true sense of the word. And let’s not forget price as a motivating factor in condominium selection. Across the GTA, condo suites are usually less expensive than lowrise homes, which accounts for their popularity with first-time buyers – women and men alike. The benefits of condominium living are many. Buying instead of renting is a wonderful investment in your financial and lifestyle future, and you can enjoy the fruits of this investment every day.

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COVER STORY

FORWARD:

FORWARD-THINKING ARCHITECTURE, AMENITIES AND LIFESTYLE CONCORD ADEX HAS LAUNCHED THE LATEST PHASE at their Concord CityPlace neighbourhood in downtown Toronto with a 30-storey condominium tower they call Forward. This latest Page + Steeledesigned offering will connect with Newton Condominiums, an 18-storey tower at Bathurst and Fort York Boulevard which launched this past September. Newton was offered with a host of special amenities not normally

020 NEW CONDO GUIDE MARCH 15 - 29, 2014

found in condominium complexes that were aimed at people with some artistic flair and a hankering to express it. Now, residents of Forward will also enjoy the art, photography, dance, and even recording studios that they will share with Newton, plus they will have access to the extensive amenities now being built just across from them in the Prisma Club at Concord Adex’s Quartz. Residents of Forward will never suffer from a lack of choice when wanting to relax, unwind or work out. Forward isn’t just located right in the midst of a mountain of amenities, its location in the city puts it in an exceptionally well-connected spot for just about everything. Right now a walk along Bathurst Street south from Front will provide you with good views of nearby new buildings, interesting adjacent construction sites, as well as long vistas down the tracks to the city’s core. But the street itself does not feel particularly wellconnected to anything along the stretch right now. In a few years however, those current construction projects will be new homes, shops, attractions and parks, and Bathurst will have a very connected, very lively feel. Here’s what’s going on in the area, and how Forward fits in. Forward’s location just east of Bathurst Street between Fort York Boulevard and Housey Street puts it right in the middle of many things that are under construction now, or are planned for the near future.

›› NORTH Forward will be right

across the street from Toronto’s soon-to-be-completed 99th library and Mouth of the Creek Park immediately north of it. The library will connect you to the world, while the park will offer lots of interesting spaces for both relaxation and activity. It will connect to a major new bicycle and pedestrian pathway running for kilometres through the city, stretching east from the core, to the Waterfront Trail running west, and to the West Toronto Railpath heading northwest, connecting a swath of fascinating Toronto neighbourhoods.

Go a little further north along Bathurst and cross the tracks, and a new development at Front promises to bring a new Whole Foods grocery store. A short walk beyond that are all the great restaurants and clubs of King West and Queen West. ›› SOUTH Right across the street to the south, a future supermarket is going to offer you the ultimate convenience in grocery shopping. Between it, Whole Foods, and the Concord CityPlace Sobey’s, you may just be in the best place in Toronto to buy groceries. Keep going south and you will find yourself at the Waterfront Trail, the city’s Harbourfront Parks, and everything that they offer, both beside the water and on it. ›› WEST Cross Bathurst street to the west and you’ll find yourself with plenty more recreational opportunities. Some of Toronto’s most historic ground is right across the street at Fort York, soon to have a beautiful new Visitor’s Centre to interpret our earliest years. Its green space also hosts several festivals during the year. It will also soon connect to June Callwood Park, a brilliant design by Toronto’s gh3 that’s now under construction, and Exhibition Place with its huge roster of events and games is just beyond that. ›› EAST If you head east of Forward, you’ll be wandering into CityPlace of course, a neighbourhood that is quickly turning into a community, where you’ll find a weekly farmer’s market during the warm months of the year, more parks and playing fields, a growing selection of shops and restaurants, and Canada’s largest concentration of public art pieces. Wander through it to the other end and you’ll be at the Rogers Centre, Ripley’s Aquarium, and everything else Toronto’s core has to offer. So, Forward will have an enviable location and great amenities, putting the best of Toronto at the feet of residents of this exciting new development. Visit the Concord CityPlace presentation centre, located at 23 Spadina Ave. The presentation centre is open from 10 a.m. to 6 p.m. Monday to Friday, and from 11 a.m. to 6 p.m. weekends. Call 416.813.0999 or visit cityplace.ca.

021

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MARCH 15 - 29, 2014 NEW CONDO GUIDE 023

CONDO PROFILE

RARE OPPORTUNITY IN THE HEART OF FOREST HILL!

BLVD and Lifetime Developments set to launch new project in one of toronto’s most prestigious neighbourhoods

nown for launching some of Toronto’s most successful new condominium projects, including INDX, Bisha Hotel and Residences, The Four Seasons Hotel and Residences Toronto, The Yorkville and Victory Condos, BLVD Developments and Lifetime Developments are poised to introduce a new condo site, resetting once again the market’s expectations for condo design, location and value. “We have achieved a reputation for developing some of the most sought after tall residential towers in the downtown core,” says Brian Brown, of Lifetime and BLVD. “Now we see a great opportunity to create a residence with a different, more relaxed lifestyle; a boutique residence set along a tree-lined street and across from one of the largest central parks in the city. All this, yet with the luxury of being close to downtown.” And the developers found exactly what they were looking for on St. Clair Avenue West, in the heart of Toronto’s venerable Forest Hill neighbourhood directly across from Sir Winston Churchill Park. Called The Code Condos, this distinguished

nine-storey boutique residence of only 108 suites and 10 townhomes at its base, is designed by award-winning Hariri Pontarini Architects. With the entrance located on Parkwood Avenue, there is a welcoming, residential feel to the building. Ideally situated, the site stands just steps to Toronto’s historic Forest Hill Village and the surrounding neighbourhood, which boasts some of the city’s most affluent private residences. “Forest Hill is the neighbourhood for many of Toronto’s leading citizens,” says Brown. “From bankers to rappers, Forest Hill is the community the ‘who’s who’ calls home, and in developing The Code Condos, we are offering buyers the chance to have the most sought after postal code in the city.” Offering an accessible way to live in Forest Hill, The Code Condos starts from the mid-$200,000s. Ranging in size from 430 to over 2,500 sq. ft., the suite layouts and features have been created by Tomas Pearce Interior Design Consulting Inc.; one of Toronto’s most exclusive and celebrated design firms. Within its designer-created suites, a contemporary CONTINUED ON PAGE 26...

024 NEW CONDO GUIDE MARCH 15 - 29, 2014

CONDO PROFILE

CONTINUED…

yet elegant approach has been taken to maximize the residents’ feeling of space, and their sense of light, thanks to the building’s expansive windows and terraces. The large windows offer some of the condo market’s best sight lines, providing unsurpassed views to both the north and the south. Those living with a southern exposure will be able to look out over the 21-acre Sir Winston Churchill Park (and its running track, tennis courts, dog run and ravine trails) which lies just across the street. Further south residents can spot the unmistakable shape of Toronto’s Casa Loma, or beyond, the dynamic views of Yorkville. To the north lie blocks of tree-lined residential streets, an expansive ravine system, public parks and the large, private singlefamily homes of Forest Hill. With grocery shopping at the St. Clair West Loblaws just steps away, or the quaint retail boutiques, restaurants, fitness clubs and banks of the Forest Hill Village less than a five-minute walk from The Code’s front door, residents will have no reason to travel far. 026 NEW CONDO GUIDE MARCH 15 - 29, 2014

However, for those heading to work on Bay Street, a sporting event or concert at the ACC, a night of theatre along King Street or gallery hopping along Queen, they will find that the St. Clair West TTC subway station (and the St. Clair streetcar line), offer unsurpassed convenience. Those with school-aged children will quickly appreciate The Code’s proximity to some of Canada’s most esteemed private and public schools, including Forest Hill Collegiate, The Bishop Strachan School, Upper Canada College and St. Michael’s College School. “We have always believed that the best condominium opportunities start with the best location,” says Brown. “And today we believe that there is no better location than Forest Hill, and no better condo opportunity than The Code Condos.” For more information on The Code Condos, visit online at thecodecondos.com or call 416.792.7174.

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CMHC REPORT

FEBRUARY 2014 HOUSING STARTS HOUSING STARTS IN CANADA were trending at 192,236 units in February compared to 191,513 in January, according to Canada Mortgage and Housing Corp. (CMHC). The trend is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR)1 of housing starts. “The trend in housing starts remained stable in February for the seventh consecutive month. Since August 2013, the trend has essentially remained in the 185,000 to 195,000 range, with month-to-month variations generally of two per cent or less. This is in line with CMHC’s outlook calling for a stable housing market in 2014,” says Mathieu Laberge, deputy chief economist at CMHC. CMHC uses the trend measure as a complement to the monthly SAAR of housing starts to account for considerable swings in monthly estimates and obtain a more complete picture of the state of the housing market. In some situations analyzing only SAAR data can be misleading in some markets, as they are largely driven by the multiples segment of the markets which can be quite variable from one month to the next. The standalone monthly SAAR was 192,094 units in February, an increase from 180,481 in January. The SAAR of urban starts increased by 7.5 per cent in February to 175,584 units. Multiple urban starts increased by 13.3 per cent to 116,458 units in February while the singledetached urban starts segment decreased by 2.4 per cent to 59,126 units. In February, the seasonally adjusted annual rate of urban starts increased in Atlantic Canada and Quebec, they were stable in Ontario, and decreased in the Prairies and British Columbia. Rural starts2 were estimated at a seasonally adjusted annual rate of 16,510 units. 1All starts figures in this release, other than actual starts and the trend estimate, are seasonally adjusted annual rates (SAAR) — that is, monthly figures adjusted to remove normal seasonal variation and multiplied by 12 to reflect annual levels. By removing seasonal ups and downs, seasonal adjustment allows for a comparison from one season to the next and from one month to the next. Reporting monthly figures at annual rates indicates the annual level of starts that would be obtained if the monthly pace was maintained for 12 months. This facilitates comparison of the current pace of activity to annual forecasts as well as to historical annual levels. 2 CMHC estimates the level of starts in centres with a population of less than 10,000 for each of the three months of the quarter, at the beginning of each quarter. During the last month of the quarter, CMHC conducts the survey in these centres and revises the estimate. 030 NEW CONDO GUIDE MARCH 15 - 29, 2014

HOUSING STARTS IN CANADA – ALL AREAS * THOUSANDS

275 250 225

192,236

200 175

192,094

150 FEBRUARY 2012

FEBRUARY 2013

FEBRUARY 2014

Housing starts, SAAR Housing starts trend line (six-month moving average)

PRELIMINARY HOUSING START DATA FEBRUARY 2014

Jan 2014

Feb 2014

Trend1, all areas

191,513

192,236

SAAR, all areas

180,481

192,094

SAAR, rural areas

17,122

16,510

SAAR, urban centres2 Single-detached

60,597

59,126

Multiples

102,762

116,458

Total

163,359

175,584

Atlantic, urban centres2

4,812

8,104

Quebec, urban centres2

27,419

46,330

Ontario, urban centres2

57,840

58,104

Prairies, urban centres2

47,510

40,316

British Columbia, urban centres2

25,778

22,730

Canada

Feb 2013

Feb 2014

Actual, all areas

11,097

11,724

Actual, rural areas

663

618

February — Single-detached

3,498

3,283

February — Multiples

6,936

7,823

February — Total

10,434

11,106

Actual, urban centres2

6,866

6,641

January to February — Multiples

January to February — Single-detached

12,896

15,514

January to February — Total

19,762

22,155

Source: CMHC Seasonally adjusted annual rates Urban centres with a population of 10,000 and over Detailed data available upon request 1 2

As Canada’s national housing agency, CMHC draws on more than 65 years of experience to help Canadians access a variety of high-quality, environmentally sustainable and affordable housing solutions. CMHC also provides reliable, impartial and up-to-date housing market reports, analysis and knowledge to support and assist consumers and the housing industry in making informed decisions. Follow CMHC on Twitter @CMHC_ca

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// BY SONIA BELL

IN THE NEWS

ULI Annual Fireside Chat:

CATCHING UP WITH MENKES

PICTURED TOP FROM LEFT TO RIGHT:

Steven Menkes, president of Menkes Low-Rise Residential Division; Paul Godfrey, president and CEO of Post Media Network; Peter Menkes, president of Menkes Industrial/ Commercial Division; Alan Menkes, president of Menkes High-Rise Residential Division. PHOTO CREDIT: MELANIE SCHWAM

THE URBAN LAND INSTITUTE (ULI) HELD ITS 6TH

an intimate discussion with some of the most influential people in real estate. This year, the Menkes brothers – Alan, Steven and Peter – took the stage with host Paul Godfrey, CEO and president of Post Media Network. They discussed their late father, Murray Menkes, and how they have established themselves as one of the industry’s top builders in the GTA. What started as a small building company in the 1950s has grown into a lucrative empire. Menkes Developments Ltd. is headed by Murray’s three sons, all of whom manage their own divisions within the company. Alan, the eldest of the Menkes brothers, ANNUAL FIRESIDE CHAT,

032 NEW CONDO GUIDE MARCH 15 - 29, 2014

runs the highrise division; Steven, who started as the company’s accountant, now heads the lowrise sector; and Peter, the youngest brother, manages the industrial/ commercial division. Although they work individually in their respective roles, they maintain that unity and collaboration among one another has been integral to the success of their company. Reminiscing about how his father meticulously structured the company, Alan stated, “[Murray’s] real tactic was to ensure that each one of us had our own unit and our own independence, but within that independence you also had competitive juices; everyone wants to be able to be successful in whatever their endeavor is. So the sum of the parts was much greater than the individual units on their

The South Core project is emblematic of Menkes’ vision of Toronto, which is essentially the “Manhattanization” of the city

PICTURED RIGHT

Menkes’ South Core development near the Toronto waterfront, the two-million-sq.-ft. space featuring the One York Street commercial building and the Harbour Plaza residential towers rising behind it

own. And that’s really what we thrived on: each other.” It is through this unity and collaboration that Menkes has been able to develop some of Toronto’s greatest landmarks over the past 37 years. These accomplishments include revamping Toronto’s Four Seasons Hotel, making it a combination hotel and condo complex; Empress Walk, which has become a staple in the North York area; and their latest development of the South Core near Toronto’s waterfront. Peter Menkes described this new development as a “mega project [that is] very complicated, but we really see a lot of demand for that area. As everyone knows… it’s centre ice in the city now. It’s where all the activity is, where people want to be [and] has a really great vibe to it.” The South Core project is certainly at the forefront of up and coming developments in the city of Toronto. Located at the intersection of Harbour St. and York St., offering two million sq. ft. of commercial space (One York Street) and residential condominiums (Harbour Plaza). Residents, who will start occupancy in 2017, will have the luxury of being connected to the PATH system, granting access to the TTC and Union station.

The South Core project is emblematic of Menkes’ vision of Toronto, which is essentially the “Manhattanization” of the city. They foresee Toronto as a place where people will no longer rely on cars to get around, as the enhancement of public transportation will enable increased accessibility throughout the city. Moreover, mixed-use condos will allow Toronto residents to satisfy all their needs and within close proximity to one another. The Menkes brothers surely have a good grasp of what people are looking for in a home. For more information about Menkes and their communities, visit the website at menkes.com. MARCH 15 - 29, 2014 NEW CONDO GUIDE 033

MORTGAGE FINESSE

// BY CALUM ROSS

Is paying off your mortgage

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.

n a society where financial education and free financial resources are readily available, it’s hard to believe that most people don’t know how to use their cash flow and capital effectively. When determining many people’s top financial objectives, a large number of people put building their net worth and paying off their mortgage at the top of their list. While at face value these seem rational choices, these goals may contradict one another, and being mortgage-free can be a detriment to building net worth. With rates of returns in the equity markets once again showing positive returns, RRSP contributions and investments are once again a hot topic. The challenge that this presents for most individuals is clear – with a finite

034 NEW CONDO GUIDE MARCH 15 - 29, 2014

BAD FOR YOUR NET WORTH?

income, how does one allocate capital to acquire that net worth figure that brings you to the point where work is something you choose to do rather than need to? The RRSP-versus-mortgage debate has long been the source of controversy. While there is no definitive answer, here are some rules that will enable you to make an informed decision. The major factors influencing the choice of options are the mortgage interest rate versus the expected return in the RRSP, the investment time horizon versus the mortgage time horizon, the availability of RRSP contribution room, and the ability to capitalize on mortgage prepayment privileges. Given an expected RRSP return equal to or greater than the mortgage interest rate, and an investment time horizon equal or greater than the likely mortgage life, maximizing RRSP contributions generally maximizes net worth because the taxsheltered growth of an RRSP means you get compounded growth for a long period. Conversely, as the mortgage interest rate is greater, or the investment time horizon decreases, it becomes more attractive to prepay the mortgage. Those fortunate enough to have used up their RRSP contribution room should look at whether borrowing to invest outside of RRSPs is wise. While all the same principles stated above apply, there are a couple of distinct elements to review. When considering building an investment portfolio outside of your RRSP, compare your after-tax rate of return relative to your after-tax cost of borrowing. Generally, if you borrow to invest, the interest borrowed on that money becomes tax deductible. This means the real rate of interest to the borrower becomes one less your marginal tax rate percentage times interest rate on the money borrowed. For those in the top tax bracket, this can reduce the cost of borrowing by 50 per cent.

Those fortunate enough to have used up their RRSP contribution room should look at whether borrowing to invest outside of RRSPs is wise Next, determine your after-tax rate of return. When investing outside of RRSPs, not all investment income is treated equally for tax purposes, and the difference depends on your personal tax bracket. To optimize your after-tax rate of return, seek capital gains first, dividend income second, and interest income third. A common misconception is that wealthy people do not have mortgages. Odds are if you know a wealthy person without a mortgage then they likely inherited their money, do not have a good financial adviser, or are highly risk averse. With interest rates where they are today, paying off your mortgage is, in all likelihood, not a wise financial decision if your hope is to have the highest and best use of your capital. Take solace in this – the next time you are at a party and someone smugly tells you that they have paid off their mortgage, odds are they know little about personal finance and will likely limit their personal net worth as a result. After all, who really worries about a mortgage of a couple of hundred thousand dollars when your investment portfolio is a couple of million dollars and could be used to retire your mortgage any day you choose? By deploying this strategy, what you are doing is using other people’s money to build your net worth.

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*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 artistâ&#x20AC;&#x2122;s concept. Prices, specifications and availability subject to change without notice. E&O.E. Brokers protected. See Sales Representative for details.

MARCH 15 - 29, 2014 NEW CONDO GUIDE 035

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036 NEW CONDO GUIDE MARCH 15 - 29, 2014

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21 23 25 27 29 31 6 11 15 17 ICONIC ARCHITECTURE • FABULOUS PARK VIEWS • AT-YOUR-DOOR TRANSIT 5 1

12 14 16 18 20 22 24 26 28 30

THE GRAND FINALE 3rd-6th Floor Condos from the $280’s LegacyParkCondos.com

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407 BEVERLY GLEN BLVD.

7890 Bathurst St. CENTRE ST.

BATHURST & CENTRE STREET

YONGE ST.

3 2

BATHURST ST.

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STEELES AVE W.

MARCH 15 - 29, 2014 NEW CONDO GUIDE 037

HOMEBUYERS’ HELP

5 important tips for

BUYING A NEW CONDO IT’S NO SECRET THAT THERE’S AN ONGOING CONDO

just look around! Our cities are going up vertically, and that means more and more people are enjoying highrise living. If you’re joining the crowd and thinking of buying a condo, here are some tips to make your purchase a smooth one: BOOM IN ONTARIO –

1 2

Patience is important. It could be two or three years between the date you sign your purchase agreement and the date you take occupancy of your unit. If construction runs over schedule, it could be even longer.

Know your rights when it comes to delayed closings. Builders are entitled to extend the occupancy date specified in a purchase agreement as long as they provide proper notice. (When proper notice is not given, buyers are eligible for delayed occupancy compensation.) It’s a good idea to read up on your rights and responsibilities in delayed occupancy situations, which you can do by visiting tarion.com.

Hire a lawyer. A condominium lawyer will help you interpret your purchase agreement. It’s to your benefit to understand both your own and your builder’s responsibilities. For example, the Condominium Act entitles you to a 10-day “cooling off” period that begins on the day you receive the purchase agreement or a document called the disclosure statement, whichever comes later. During this time, your lawyer can negotiate changes to the offer, like capping adjustments to the purchase price, or restricting amendments to the size, design or dimensions of the unit.

Understand deposit protection. If a builder fails to close the sale or substantially complete construction, deposits are protected up to a maximum of $20,000 with any excess deposit amounts being protected by the trust provisions of the

038 NEW CONDO GUIDE MARCH 15 - 29, 2014

Condominium Act. Any money paid over and above this may not be protected if something unforeseen happens with the builder or development.

Be prepared to move into a construction zone. Condo projects are different from single-family homes in that the purchase is usually completed in two steps. Step one is interim occupancy. Many buyers find out the hard way that they’re required to take possession of their completed unit (and pay the balance of the down payment, which generally amounts to 25 per cent of the purchase price) before common element features like front reception, landscaping and the swimming pool are finished. This means you could live for many months without the anticipated amenities, particularly if the unit sits on a lower floor. Whether you are a first-time buyer, empty nester, or just drawn to the condo life, make sure you know your rights. More information about warranty coverage for new condos is available online at tarion.com or by calling 1.877.982.7466. To learn more about the Condominium Act, which is not administered by Tarion, contact the Ontario Ministry of Consumer Services.

O T N W O D T N U O C R U O Y T R A ST

P I H S R E N W O HOME TOUR THREE MODEL SUITES RENT2OWN

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Su ites and r 3 lux urio us Mo del Vis it NY 2 tod ay to tou nie ls’ inc red ible Da of age tak e adv ant to lea rn how you can am eni ties ible red NY 2 off ers inc RE NT 2OWN pro gra m. plo ts, ing den gar and e rac ter inc lud ing a roo f top jus t mo me nts to plu s res ide nts wil l be , the atres and mo re! ing din ng, gre at sho ppi

M ID $2 00 ,0 00 s SU IT ES FR OM TH E NY2 Sales Ofﬁce 27 Rean Drive, Unit 10.

HOURS: Mon., Tues. & Thurs: 12pm - 6pm, Wednesday: 12pm - 8pm Saturday & Sunday: 12pm - 5pm Friday: Closed

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416 .2 21.3 9 3 9

NY2CONDOS.COM Model photography may vary from actual Model Suites Exclusive Listing: CityLife Realty Ltd, Brokerage. Brokers Protected. *Daniels’ Rent-To-Own Program is only available on a select number of suites. **Metropass is only available on select suites. See Sales representative for full details. 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. See Sales Representative for full details.

MARCH 15 - 29, 2014 NEW CONDO GUIDE 039

CONDO PROFILE

NEW MODEL SUITES NOW OPEN AT DANIELS’ NY2 CONDOMINIUMS See for yourself why NY2 Condominiums are “designed 2 inspire”

he countdown to home ownership is on at The Daniels Corporation’s highly successful NY2 Condominiums – the final residence within Daniels’ award-wining NY Towers community. Located at Bayview and Sheppard Avenues, this community continues to be one of Toronto’s most sought-after landmark addresses. Already a tremendous success, NY2 is 90 per cent sold, but a good selection of suites remains from the mid-$200,000s. Now, Daniels is offering you a chance to tour through their newly accessorized model suites for the opportunity to experience Daniels’ top-notch quality construction and innovative suite designs. The models at NY2 feature unique layouts complete with nine-ft. ceiling heights, floor-to-ceiling windows, bamboo flooring, granite kitchen countertop, state-of-the-art stainless steel appliances and much more. “Touring the model suites offers people an excellent idea of just how beautiful these designs are,” says Daniels’ director of decor, Stephanie Dimopoulos. “The models feature main living areas that can accommodate a variety of furniture configurations, and a generous bedroom window overlooking the balcony. By walking through the suites, visitors can easily envision how the layouts can be appointed, furnished and decorated to suit their personalities. The possibilities are exciting.” Occupancies are on track to begin in the next couple of months, and 040 NEW CONDO GUIDE MARCH 15 - 29, 2014

NY2 continues to receive an overwhelming response from both purchasers and those interested in the Rent2Own Program. In fact, this condominium is home to one of Toronto’s only Rent2Own Programs. Participants simply select a suite, sign an Agreement of Purchase and Sale, and move in as early as this spring. While living in the suite, part of the monthly payment is credited toward the down payment, and the total amount accumulated will be applied toward the five-percent down payment. At the end of that year, purchasers top off the five-per-cent down payment for final closing – it’s that easy! NY2 residents will appreciate everything this boutique condominium has to offer, beginning with an incredible location in Daniels’ award-winning master-planned NY Towers community. Known for its eclectic architectural styles ranging from Art Deco to French Provincial, this neighbourhood will be enhanced by the modern boutique glass-clad NY2 marking the community entrance at Rean Drive and Sheppard Avenue East. Residents will live just steps to the subway, across the street from Bayview Village Shopping Centre – one of Canada’s most upscale shopping malls, as well as the convenience of Loblaws grocery store, and just moments away from the cinema, live theatre and an array of restaurants. Imagine having such easy access to luxury fashion retailers, tantalizing restaurants, specialty food stores and a multitude of services. In addition, NY2 will include an exciting variety of amenities. On the first floor, the NY2 Café lounge offers Wi-Fi and a flat-screen

PICTURED ABOVE

The seventh-floor gardening terrace

TV; the fitness centre features cardio and weight-training equipment; and the stunning lobby is home to attentive executive concierge service. Then it’s onward and upward to the seventh-floor Uptown Club, where the party room dazzles with its central bar and chic seating. The Uptown Club is home to a catering kitchen, lounge, family-style harvest table and an outdoor barbecue terrace. In true trailblazing style, Daniels is advancing the urban agriculture trend at NY2 by providing gardening plots and a gardening work station where residents can share their green-thumb passion by growing herbs, flowers, spices and more. They can also dine alfresco overlooking the gardening plots in the midst of spectacular city views. The Daniels Corporation (danielshomes.ca) is one of Canada’s preeminent builders/developers, building 30,000 new homes across the PICTURED BELOW

Actual model suite at NY2 Condominiums

Greater Toronto Area over 32 years. Daniels was named the Tarion Warranty Corporation’s 2012 Ontario High Rise Builder of the Year and the company was also a recipient of the Toronto Arts and Business Award presented by the Toronto Arts Foundation. Among its many initiatives, Daniels was chosen to partner with Toronto Community Housing to revitalize 69-acre Regent Park in the heart of Toronto’s Downtown East. Committed to community, Daniels offers innovative programs that help people achieve home ownership, champions neighbourhood initiatives that enhance residents quality of life, and supports numerous charities and non-profit organizations. The NY2 presentation centre is located at 27 Rean Dr., Unit 10. Hours are Monday, Tuesday and Thursday from noon to 6 p.m.; Wednesday noon to 8pm.; Saturday, Sunday and holidays noon to 5 p.m.; Friday closed. Tours of the fabulous new model suites are by appointment only. Call 416.221.3939. You can learn more about NY2 Condominiums at ny2condos.com. MARCH 15 - 29, 2014 NEW CONDO GUIDE 041

042

043

IN THE NEWS

1 YORKVILLE

celebrates exciting response this dream has actually come to pass. This goal, this ideal is very real, and people are responding very quickly. 1 Yorkville has had immeasurable success out of the gate with enthusiastic buyers responding positively about the space and envisioning their lives and their family living comfortably within its walls. The address has touched a chord with people. At first glance, it pays homage to the city’s rich history as it is built above the fully restored Yorkville Village heritage buildings dating back to the 1860s. This meticulous preservation – overseen by the city’s premier heritage specialists – has retained the graceful historical facades but also is a landing place where the condominium’s chic boutique retail offerings are held. Its location is the pinnacle of Canada, minutes away from worldclass shops and internationally respected galleries, restaurants and transportation systems. The property’s design and architecture were put in the hands of some of the industry’s finest – Rosario Varacalli for its spirited design; and Allen Chan for its interiors. People want to be part of this elite club; those who dine at the Four Seasons then come home for a nightcap in the comfort of their own equally sophisticated environment. The amenities on offer are unquestionably the best services ever envisioned, along with a dedicated concierge who takes the whole concept of “at your service” to otherworldly levels. Perhaps most exciting is that 1 Yorkville still has its sartorial arms open to bring more residents into its fold. With a release of new suites of all configurations, there is still an opportunity to bask in its dream. Pay 1 Yorkville a visit and let Bazis and Plaza share their story with you. This is history in the making, and they want you to be its central character. The 1 Yorkville presentation lounge is now open at 162 Cumberland St. Visit 1yorkville.ca or call 416.519.2911. DEVELOPERS BAZIS AND PLAZA

had a goal for 1 Yorkville – to transform Toronto’s landscape by creating a milestone development that was at once aweinspiring and attainable. This exclusive condominium – with a covetable platinum location at Yorkville and Yonge – is destined to be the preeminent address for those who sought to live their lives luxuriously and with style. Sounds idealistic, yes? In reality, 044 NEW CONDO GUIDE MARCH 15 - 29, 2014

the park.

ACTUAL VIEW OF CORKTOWN COMMON PARK FROM THE 11TH FLOOR OF CANARY PARK CONDOMINIUMS.

and everything in between. COMING SOON TO CANARY DISTRICT URBAN CONDOMINIUMS IN TORONTO’S NEW DOWNTOWN EAST. HOME TO THE ATHLETES OF THE 2015 PAN/PARAPAN AM GAMES AND WINNER OF COMMUNITY OF THE YEAR. SUITES FROM THE MID $200’s.

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the city.

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Exclusive Listing: Baker Real Estate Incorporated, Brokerage. Brokers Protected. Prices and specifications are subject to change without notice. E. & O.E.

MARCH 15 - 29, 2014 NEW CONDO GUIDE 045

Single entry lounge pass starting from $33.25 tax inclusive ($24.50 children ages 2 â&#x20AC;&#x201C; 11) for 2 hours lounge use. 3 hour and 6 hour lounge use also available** ** Online bookings only; higher rates apply for walk-in lounge use

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THE TAX MAN

// BY GEORGE E. DUBE

in WHY BUY REAL already a high ESTATE IF YOU’RE tax bracket?

I George E. Dube is a veteran real estate investor and chartered accountant with the practice Dube & Cuttini Chartered Accountants LLP. George is a frequent guest speaker, has written articles and co-authored two books, and is a member of the Real Estate Investment Network Faculty. Visit dubecuttini.com. Email georgedube@dubecuttini.com, call 1.877.475.3823 and follow George on Twitter @dubecuttini.com

am often asked the question: “Why should I buy real estate if I’m already in a high tax bracket?” At the risk of sounding like a smart aleck, why the heck not? Yes, if you’re in a higher tax bracket you will pay more taxes than someone who earns less. But, surely you don’t want to switch places with someone in a lower tax bracket who earns less income? And, if you plan your overall financial situation with a tax accountant who truly understands real estate, it may be possible to save on some taxes for you and family. This is particularly true for the business owner, doctor or other professional who can incorporate their business, or a family with a lower income taxpayer, such as a spouse, parent or child, with whom you can income split. A common misconception is that the taxes are so high, that earning the extra income is hardly worth the effort. I’m not trying to argue that taxes are too low on investment income from real estate, but even in a worst-case scenario, you’re still earning more income than you’re paying in taxes.

A common misconception is that the taxes are so high, that earning the extra income is hardly worth the effort The alternative, I’d suggest, is that you either put your hardearned money under your mattress or make the decision to “invest” in something that loses money and thus generates a tax deduction, or requires a government subsidy to make the investment attractive. Ultimately, if you invest, whether in real estate, some stock-based investment, hulahoop factories, or whatever turns your crank, you’re going to pay taxes if you make money. So, you’re simply deciding what makes the most sense to invest in. Don’t be scared to make money just because of taxes. You should worry about the investments and consider the advice of your investment adviser. Let your tax accountant help you mitigate the taxes.

048 NEW CONDO GUIDE MARCH 15 - 29, 2014

YOUR EXCLUSIVE FRONT DOOR TO HIGH PARK

ON SALE THIS APRIL Spanning nearly 18,000 square feet, The Parkside Club will offer unique indoor and outdoor amenities on three floors. The 2nd floor sports a climbing wall, weight studio, home theatre, sauna and outdoor gardening plots. Daniels will even facilitate programming to assist homeowners in making the most of their green-thumb efforts. The 3rd floor offers a cardio studio and indoor/outdoor yoga & Pilates studio. Residents can entertain in the party room, outdoor barbecue lounge, billiards room and sun deck. Then it’s up to the 10th floor, where the social room is equipped with a catering kitchen and access to the outdoor terrace and indoor/outdoor fireside lounge. Plus, with environmental sustainability in mind, Daniels has created a one-of-a-kind Bike Engagement Program where residents will enjoy participating in active bike clinics, tune-ups and planned excursions with friends and neighbours. Don’t own a bike? No problem! Daniels has also created a bike-share program for exclusive use of residents. This program offers an easy and convenient way to pick up and get around town on two wheels rather than four! The Parkside Collection consists of two- and three-bedroom designs ranging from 1,322 to 1,611 square feet with outstanding features and finishes selected by award-winning Tomas Pearce Interior Design Inc. Principal room ceilings soar to 9 and 10 feet in height with smooth ceilings throughout and contemporary laminate, porcelain and ceramic flooring. Gourmet kitchens are graced with quartz countertops and six topquality appliances. Sumptuous baths pamper with marble countertops, an integrated medicine cabinet and a deep soaker tub. Technology-minded owners will appreciate having advanced security solutions and an Integrated Control 4 Automation System to control and customize home lighting, temperature and electronics. Plus, buyers will have the option of purchasing two-car parking –a rare opportunity in the city!

A LIMITED COLLECTION OF TWO-STOREY WALKOUTS OFFERING STREET SIDE LIVING STEPS TO HIGH PARK

from just $699,900

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– BEFORE IT’S TOO LATE!

danielshighpark.com 416.351.1844 A Daniels / WJ Community 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.

LEGALLY SPEAKING

When buying your first home,

// BY JAYSON SCHWARZ

DO YOUR DUE DILIGENCE

urchasing your first home will likely be the largest investment you ever make. Think about that... Why, you ask? The answer is that in my many years of practicing law, I have seen young couples spend more time researching a new telephone than a new home! The most important advice I can give, and if you take anything from this article, it is this: research everything ahead of time, such as prospective builders, areas, amenities, property taxes, lawyers, your financial ability, zoning, bylaws and neighbours. And don’t allow yourself to be pressured by anyone.

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.

WHAT CAN YOU AFFORD? Review your available cash for deposit and annual income to pay a mortgage and expenses. Once you have done that, speak to the mortgage specialists at the bank you deal with and speak to a reputable mortgage broker. Companies such as the Mortgage Centre in Mississauga and Mortgage Providers in Toronto have the experience and integrity to get you the best deal. Find out how much money you can borrow and how much of a deposit you’ll need to put down. This will allow you to focus on homes you can afford. Get a pre-approval in writing so you have something to rely on, because especially today, it is critical that you do not get caught up in the rush of buying a home that is beyond your budget. DO YOU WANT A CONDO OR A FREEHOLD HOME? Condo living provides a carefree lifestyle – someone else cuts the grass and shovels the snow – but you pay additional monthly common expenses and sometimes others determine how the amenities, if not your unit itself, can be used. Freehold provides the freedom to do what you want, but maintenance and upkeep fall on your shoulders. The choices are boundless. Once you determine what kind of home you want, you need to decide on new or resale. If choosing new, the offers are long and filled with clauses that could cost you money or result in long delays. Be sure to see an experienced real estate lawyer familiar with these kinds of agreements before it is final and no longer conditional. Research the builder and go to other sites the company has developed, and ask people about quality and after-sales service. FIND THE RIGHT LAWYER A lawyer must advise you at the time you make your offer, to guide you

050 NEW CONDO GUIDE MARCH 15 - 29, 2014

UNLIKE ANYTHING ELSE RIVER CITY PHASES 1 AND 2 CREATED A NEW ARCHITECTURAL LANGUAGE IN TORONTO. NOW RC3 WILL TAKE RIVER CITY TO NEW HEIGHTS.

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in understanding the Agreement of Purchase and Sale. The right lawyer will explain how real estate agents work, what documents you will sign and what is to be included in the offer. It is important that your lawyer explains all the potential costs you will face and what you may encounter. Ensure that you arrange a pre-agreed fee with the solicitor. Get the fees locked in. The fee to close a standard home or condominium priced under $500,000 should be somewhere between $800 and $900, plus HST and disbursements. This may vary in special circumstances. Also, make sure you get a free offer review. Then have your lawyer provide you a list of disbursements â&#x20AC;&#x201C; those monies expended on your behalf necessary to properly search and close the transaction. This is where some lawyers may try to charge large fax, mail and photocopy fees. Make your lawyer justify all expenditures that donâ&#x20AC;&#x2122;t make sense. MISCELLANEOUS Do you have a will? If you do, is it up to date and does it represent your current life situation and state of affairs? A will prevents sibling disputes, clarifies who will look after children, keeps the government out of your affairs, allows for an orderly disposition of everything from possessions to your realty, stocks and bonds, and it will help guide your funeral arrangements. You will also need insurance for the home. This is the right time to look at life and disability insurance, to determine if you should be insuring your mortgage in case something happens to the major wage-earner. As you can see, there is a lot to consider when buying your first home. Being prepared will help you enjoy the experience and find that dream home.

052 NEW CONDO GUIDE MARCH 15 - 29, 2014

A R A G NIA

UE BOUTIQS CONDO OREY & 2-ST AT LOFTS RST BATHU ARA & NIAG

thurst and a B f o r e n d At the cor ects art an s r te in fe li y Niagara, ern 5-store d o m a In nd culture. nowned a re a m o fr ting midrise r, collabora e d il u b d respecte nto’s top ro o T f o ir a s. with a p r designer io r te in d an , from architects 0 Niagara 9 t a ll a it Enjoy to a game O G A e h t t a an exhibit steps from t s ju ll A . e at the Dom artbeat from the a he transit and staurants, shops st re city’s coole and clubs.

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HOT TOPIC

FINDING THE PERFECT HOME: Factors & features to consider

WHEN CHOOSING A NEW HOME, YOUR CHOICE INVOLVES more

than the home itself. Often, homebuyers are so wrapped up in the home that they forget the importance of the surrounding community. Do you dream of a smaller community that is unique and charming? Or, are you willing to sacrifice peace and quiet to be closer to big-city amenities and other conveniences? Start by making a list of the desired lifestyle factors that are most important to you and your family. Consider location, proximity to work and schools, activities and local attractions in the community. “There are many factors involved in selecting the right community in which to buy your home,” suggests Sandra Webb, a senior executive at Royal LePage Canada. “Deciding what’s important to you and your family is the first step in finding your ideal match.” Knowing your requirements will help narrow your home search and save time. What are the most important amenities for you? Do you want to be close to parks and forests, or restaurants and shops? What types of activities are you and your family likely to be involved with? The answers to these questions will help you determine what type of neighbourhood or community is best for you and help you locate the perfect home. For further insight on buying a home, visit royallepage.ca NC 054 NEW CONDO GUIDE MARCH 15 - 29, 2014

Do you dream of a smaller community, or, are you willing to sacrifice peace and quiet to be closer to big-city amenities? 10 important questions to ask yourself before you buy: 10 Where will the kids go to school, and how will they get there? 09 Are there parks, recreation centres, places of worship close by? 08 Where will you do your grocery shopping? 07 Does the area offer easy access to banks, offices and services? 06 Is the highway easily accessible? 05 How far away is the nearest public transportation stop? 04 How far are you from work? 03 What are the commuting costs to work, family and friends? 02 Is there any major development planned for the area in the future? 01 Can you see yourself living and growing in this community for the next five, 10, 15 years?

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Adelaide St.

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

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

studiocondos.ca • 647.352.7736

FINANCES

FINANCIAL DOs & DON’Ts when buying your first home DREAMING OF OWNING A HOME?

There’s more to buying a condo than saving for a down payment. A smart purchase requires good planning and advice from a trusted team of experts. TD Canada Trust advises Canadian first-time homebuyers to seek professional help to ensure they’re prepared for the complexity of the process as well as the responsibility of home ownership. Here are some dos and don’ts for new homebuyers:

DO Gather a team you trust. You should consider

assembling a professional team to get you through the technicalities of home-buying. This team can include a mortgage specialist, a builder or real estate agent, home inspector and lawyer. Ask around for referrals and meet with them in advance so that you are comfortable relying on their advice when you need it most. Know what you can afford. Only you and your lender can properly determine what you can afford. To make sure that borrowers can still support their mortgage in the event that interest rates rise, they must qualify for a five-year fixed-rate mortgage before they can be approved, even if they select a variable-rate mortgage. Choose the right option for you. After you know what you can afford, narrow down your search by figuring out what type of home suits you best. DON’T Buy more than you need. Even if you can afford a more expensive home, choosing one that you love at a lower price point gives you some breathing room in your budget. A third bedroom that you never use is just another room to clean and heat.

More information is available online at tdcanadatrust.com. NC

Even if you can afford a more expensive home, choosing one that you love at a lower price point gives you some breathing room in your budget

056 NEW CONDO GUIDE MARCH 15 - 29, 2014

MARCH 15 - 29, 2014 NEW CONDO GUIDE 057

MAKE YOUR MOVE

// BY CHUCK RESNICK

DO YOUR RESEARCH

Chuck Resnick is vice-president of marketing and operations, Two Men and a Truck Canada. twomenandatruck.ca

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

058 NEW CONDO GUIDE MARCH 15 - 29, 2014

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 tag line “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 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 Web site is one more tool that can help in your search. 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 OFFICIAL PREVIEW EVENT SATURDAY MARCH 29TH

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EVERYTHING IS WITHIN WALKING DISTANCE... FROM YORKVILLE, THE VILLAGE, AND COLLEGE PARK TO YONGE-DUNDAS SQUARE, UNIVERSITY OF TORONTO AND RYERSON UNIVERSITY RENDERINGS ARE AN ARTIST’S IMPRESSION. SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. E.&O.E. EXCLUSIVE LISTING: BAKER REAL ESTATE INCORPORATED, BROKERAGE. BROKERS PROTECTED.

SHIFT YOUR LIFESTYLE. Register for the UPCOMING PREVIEW event.

totemcondos.com 416.792.1877

MARCH 15 - 29, 2014 NEW CONDO GUIDE 059

MARCH 15 - 29, 2014 NEW CONDO GUIDE 061

what is the difference between a neighbourhood and a community ?

A neighbourhood is a geographic space defined by streets, avenues, shops and homes. A community is the group of people who live and work within its borders. It is this that gives a neighbourhood its character and soul. And it is this that we strive to enrich and enhance. We believe that it’s our responsibility as developers to have a positive impact beyond the footprint of our buildings. Our design process starts by reaching out to the community to find out what matters to them, forming partnerships, engaging in conversations and building upon the lively energy that already exists within each location. For our Duke Condos in the Junction neighbourhood, we helped spawn the Junction Flea Market, launched movie nights, supported art and music festivals, and even held a mass yoga session. The building itself was designed to both reflect and animate the community’s distinct urban flair. junctionlife.ca For Kingston&Co, a condominium coming to Kingston Road Village in the Upper Beaches, the insights we gleaned from talking with the community helped shape the final architecture. We’re honoured to be collaborating with local businesses as we build on the traditions of the community and engage in the experiences that make this neighbourhood so vibrant. kingstonandco.ca Shaping Beautiful Cities™ is our mantra; we take it very seriously. By considering the social, ecological, economical and cultural elements that shape our communities, we can rewrite the rules to make Toronto the city of all our dreams.

@tasdesignbuild 062 NEW CONDO GUIDE MARCH 15 - 29, 2014

DUKE

KINGSTON&CO

DIA

M5V

™

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MARCH 15 - 29, 2014 NEW CONDO GUIDE 063

CONDO PROFILE

SQ AT ALEXANDRA PARK STANDS OUT FROM THE CROWD Critics rave about the bold design at Tridel’s latest development

064 NEW CONDO GUIDE MARCH 15 - 29, 2014

nlike any other condominium residence currently on the market, the look of Tridel’s SQ at Alexandra Park is different... by design. So much so that it was listed as one of the five “condos that stand above the rest” by the Globe and Mail’s Lisa Rochon. “Located at Spadina and Queen, we believe that this Tridel condominium offers a distinctive

location, and therefore demands a signature design”, says Jim Ritchie, Tridel’s senior vice-president of Sales and Marketing. “We know that in order to deliver a distinct building at this unique downtown Toronto intersection, we had to turn to an exceptional architect.” Tridel’s choice was Stephen Teeple, of award-winning firm Teeple Architects. Known for their innovative approach, Teeple considered the entire master-planned community, and the site in its urban context – paying particular attention to the style of Queen West and the dynamic energy of Spadina in the design of SQ. The result is a modern and contemporary façade of staggered geometric squares, a visual play on words of the condominium name and its location. It is Teeple’s hope that SQ will inspire the surrounding neighbourhood. Globe and Mail architecture columnist, John Bentley Mays,

WHATEVER A PURCHASER’S INTEREST, AND WHEREVER THEY WANT TO GO, RAPID ACCESSIBLE TTC SERVICE ALONG BOTH QUEEN AND SPADINA, AND PROXIMITY TO BOTH LAKESHORE BOULEVARD AND THE GARDINER EXPRESSWAY, MAKES GETTING ANYWHERE IN THE CITY CONVENIENT FOR FUTURE RESIDENTS recently wrote that SQ will “complement well the vivid, busy street life and appearance of its neighbourhood and serve as yet another instance of expressive – and impressive multi-unit residential architecture.” The surrounding street life Mays references is a clear nod to what makes the Spadina and Queen site so amazing. “It’s really in the heart of the city,” says Ritchie, “close to the fashion district and the financial district, Toronto’s leading academic institutions including U of T, OCAD and Ryerson, cultural and entertainment venues, great shopping and amazing restaurants.” Whatever a purchaser’s interest, and wherever they want to go, rapid accessible TTC service along both Queen and Spadina, and proximity to both Lakeshore Boulevard and the Gardiner Expressway, makes getting anywhere in the city convenient for future residents. SQ offers a range of well-designed and expertly appointed suites – from one-bedroom designs to three-bedroom penthouses and everything in between. Prices start from the mid-$300,000s. “While we believe in the importance of location and design to a condominium’s success, we haven’t ignored the other factors that contribute to a community’s liveability,” says Ritchie. “In addition to the unsurpassed location and iconic architecture, this master-planned, mixed-use community will also deliver outstanding amenities.” Indeed, amenities at SQ will include a Sky Lounge rooftop terrace complete with lounge and dining area, sun deck, hot tub, misting shower and barbecues. Other amenities include a lobby lounge, a party room with catering kitchen, a private dining room with fireplace, whirlpool spa, state-of-the-art fitness centre, yoga studio and separate men’s and ladies’ steam rooms. SQ at Alexandra Park is already 55 per cent sold out. For an inside look, visit the Tridel Store located at 519 Queen St. W., open Monday to Thursday from 11 a.m. to 7 p.m.; Saturday and Sunday from noon to 6 p.m.; closed Fridays. For more information, visit tridel.com or call 416.661.1949.

MARCH 15 - 29, 2014 NEW CONDO GUIDE 065

IN THE NEWS

BANK OF CANADA maintains overnight rate target at one per cent THE BANK OF CANADA HAS ANNOUNCED THAT IT IS

maintaining its target for the overnight rate at one per cent. The bank rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent. Both total CPI and core inflation in Canada are still expected to follow roughly the path outlined in the January Monetary Policy Report, although recent readings were slightly higher than expected. Excess supply in the economy and competition in the retail sector will likely keep inflation well below the two-percent target this year. The global economy is evolving largely as anticipated, with growth expected to strengthen in 2014 and 2015. The United States is still expected to lead the acceleration in advanced economies, although recent data have been softer, largely owing to weather effects. Volatility in global financial markets has increased somewhat, reflecting buoyant market conditions in most advanced economies and increased risk differentiation among emerging markets. More recently, tensions in Ukraine have added to geopolitical uncertainty. In Canada, economic growth in the fourth quarter of 2013 was slightly stronger than the Bank anticipated, and upward revisions earlier in the year further raised the level of GDP. The Bank still expects underlying growth of around 2 1/2 per cent in 2014, with the current quarter likely to be softer. Exports have been a little stronger than previously thought but continue to under-perform, and overall business investment has yet to pick up. Meanwhile, recent data support the Bankâ&#x20AC;&#x2122;s expectation of a soft landing in the housing market and stabilizing debt-to-income ratios for households. On the whole, the fundamental drivers of growth and inflation in Canada continue to strengthen gradually, as anticipated. With inflation expected to be well below target for some time, the downside risks to inflation remain important. At the same time, the risks associated with elevated household imbalances have not materially changed. The Bank judges that the balance of 066 NEW CONDO GUIDE MARCH 15 - 29, 2014

The global economy is evolving largely as anticipated, with growth expected to strengthen in 2014 and 2015 risks remains within the zone for which the current stance of monetary policy is appropriate and therefore has decided to maintain the target for the overnight rate at one per cent. The timing and direction of the next change to the policy rate will depend on how new information influences this balance of risks. The next scheduled date for announcing the overnight rate target is April 16.

Now Open ON ST. CLAIR AVENUE WEST IN HILLCREST VILLAGE WHERE LUXURY TAKES WING. The city’s most sophisticated new residence. With oversized terraces, modern design and an unbeatable midtown St Clair West address, The Nest, Residences of Hillcrest Village is the perfect place to land. Define your way to live surrounded by all the conveniences at your door step including transit. ONE BEDROOM’S FROM THE MID $200’S

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Life. Lived better. BROKERS PROTECTED. Rendering is an artist’s impression. Sizes and specifications are subject to change without notice. E.&O.E.

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QUICK TIPS

Spring cleaning

// BY HELLEN BUTTIGIEG

ALL YEAR LONG Think about what you are making room for. If your goal is to unload some “financial burdens” the logical place to start is the home office where the financial papers are piled. If your goal is to have more romance in your life, it would make sense to start the organizing process in the bedroom.

Hellen Buttigieg is a certified professional organizer, life coach, TV host and owner of We Organize U. Visit her website, WeOrganizeU.com, for a free e-Book on how to find more time, energy and inner peace. Contact Hellen at 905.829.2219 or info@WeOrganizeU.com

PLAN BEFORE DE-CLUTTERING Before beginning any de-cluttering project, determine in advance how you will dispose of the items you no longer want. If you have valuable pieces and would like to sell them, decide whether you will do this yourself or hire someone to do it for you. If you would like them to go to charity, which one is it and where is it located? Some charities will pick up, so call them to find out when they will be in your area. It’s not until those boxes and bags leave your home that you will reap the full rewards of de-cluttering. Planning in advance will curb procrastination and ensure full completion of the task. BEGIN WITH THE “NO BRAINERS” Toss old newspapers, things that are broken

or have missing parts and clothing items that are permanently stained or damaged. If you can devote 10 minutes a day to this process (even the busiest person has 10 minutes a day), you’ll be amazed at how much progress you can make in just one week. The important thing is to block out time every single day to do it.

is the season for spring cleaning! But just because they call it “spring cleaning” doesn’t mean you have to do it all in one weekend, or in one season for that matter. It can take a long time to build up clutter and just as long to clear it out. Make a plan and find the right place to start. Work on one thing at a time and you’ll find, drawer by drawer, closet by closet and room by room, it will eventually all get done. WHERE TO START? One of the most

common questions I get asked when it comes to getting organized is, “Where do I start?” Picking a place to begin can often be the biggest obstacle to de-cluttering, immobilizing us from taking action. 068 NEW CONDO GUIDE MARCH 15 - 29, 2014

JUMP-START YOUR SPRING CLEANING WITH BABY STEPS Start the clearing

process with a “best before” box. 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. EMPTY SPACES RESULT IN SMILING FACES When reorganizing a closet, a dresser or a cupboard, empty it out first. It’s motivating to see the space empty and this will give you immediate gratification. You are also likely to sort through the contents more thoroughly. However, when organizing a large area, empty only a section at a time, sort it and then move on to the next section. OVERCOME PROCRASTINATION If you’ve got an unfinished project hanging over your head but can’t seem to motivate yourself to work on it, take a moment to think about what the payoff of completion would be. Write down three benefits you’ll receive by completing that particular project and keep this where you’ll see it throughout the day.

MARCH 15 - 29, 2014 NEW CONDO GUIDE 069

MARKETPLACE

RUB-A-DUB

dub

// BY ELISA KROVBLIT

THE BATHTUB HAS ALWAYS BEEN A WORKHORSE WITH AN

embattled identity. For “shower people,” the tub is really a non-issue, it's there to catch water. For “bath people,” it's all about depth and comfort. But for designers, it's a focal point – and tub design has really taken its place at the top of chic bathroom trends. Whether you're a bath or a shower person, you can't deny the aesthetic. While the Victorians were onto something with their elegant ball-and-claw style foot, deep soaking basin and gently curling lip, stand-alone options today have evolved to fit your bathroom's style. tip: These stand-alone tubs allow for the drain and hardware to be on the end or in the middle – a great style option. Fabulous hardware completes the look.

CONTEMPORARY AND SOPHISTICATED, THE COORDINATING TRIM ADDS TO THE STRONG MODERN DESIGN LINES. Révo freestanding bath, brilliant ash base. $4,533. Visit kohler.ca

ELEGANT LINES AND SUBTLE CURVES, IT'S THE PERFECT CROSS BETWEEN ROMAN BATH AND MODERN SOAK. Roman F. $4,935. Visit maax.com

SMALL BATHROOM? NO PROBLEM. Stand-alone tubs are available in a variety of sizes to suit your space.

070 NEW CONDO GUIDE MARCH 15 - 29, 2014

THE ROUND SHAPE AND CURLED LIP OF THE VICTORIAN ERA HAVE BEEN REFINED WITH MODERN ELEGANCE. St. George – DXV by American Standard. $5,250. Visit dxv.com

IT’S BACK. DON’T MISS OUT.

E-A-S-Y

THE OWNERSHIP PROGRAM:

CAN YOU AFFORD TO BUY AT THE STATION? YES YOU CAN!

These days, with rent on a 2-bedroom apartment in Toronto reaching $2,000/month and beyond**, saving for a down payment can feel next to impossible. But at The Station, our new deposit structure* makes saving a snap. So not only can you afford to buy your own place, but the place you call home can be at North York’s award winning record-breaking development. Here’s how it works.

LET’S SAY YOU’RE LOOKING AT ONE OF OUR EXCEPTIONAL 2 BED + 2 BATH SUITES. YOU GET:

• • • • • •

A sweet corner unit An enormous 175 s.f. balcony Granite countertops Euro-style appliances A window in the master ensuite A place you won’t grow out of

YOU PUT DOWN

$10,000

THE PRICE IS A COOL $450,000, SO SAY YOU PUT DOWN 10% 10% DOWN = $45,000

10%

SOUNDS SCARY, RIGHT? BUT HERE’S WHAT THE STATION WILL DO FOR YOU.

$450,000

WE’LL MATCH THAT

$10,000 = $20,000

WITH A $10,000 DISCOUNT OFF THE PRICE OF YOUR CONDO.

Just like that, in 13 months, your down payment will be done and you’ll be the proud owner of an amazing new condo with expansive Terrence Lukas-designed interiors, spacious balconies, and amenities like The Studio Club, fitness centre and the city’s first indoor/outdoor heated party rooms.

ONLY $25,000 TO GO.

FOR THE NEXT 13 MONTHS, YOU PAY JUST $962/MONTH TOWARD THE DOWN PAYMENT AND WE’LL MATCH IT WITH AN EQUAL $962 DISCOUNT OFF THE PRICE OF YOUR CONDO.

SAFE – The Station is already under construction. SMART – Easy subway access and a 20-minute ride to downtown, mean condos at The Station will always be in demand. GREAT DEAL – With this innovative down payment plan you can finally afford to own your own place.

RUN. WALK. SUBWAY. HURRY. UNDER CONSTRUCTION.

WILSON SUBWAY

YORKDALE MALL

TIPPETT RD

ALLEN

WILSON AVE

HWY.401

YORKDALE SUBWAY

416.398.9777 THESTATIONCONDOS.COM

On Tippett Road, south of Wilson Avenue / Mon to Wed 12–6pm Sat + Sun 12–5pm *Conditions apply. On select suites only. See sales rep for details. Prices, specifications and deposit structures are subject to change without notice. E. & O.E. Exclusive Listing Brokerage: The Condo Store Realty Inc., Brokerage. Brokers protected. Illustration is artist’s impression. **Source: theglobeandmail.com

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CITY SCENE

On the merits of

Brad J. Lamb is president of Lamb Development Corp., one of Canada’s leading condominium development companies, as well as Brad. J. Lamb Realty, Toronto’s top condo real estate brokerage. Over the last 25 years he has successfully led the marketing and sales programs for over 100 condominium projects in Toronto, Ottawa, Montreal and most recently Calgary. Visit torontocondos.com or follow Brad on Facebook, Instagram and Twitter @BradJLamb

n experience that I’ve recently had really reinforced the value of home ownership and real estate investing over anything else you can do with your money. I was on the way to a conference, where I was to speak

072 NEW CONDO GUIDE MARCH 15 - 29, 2014

// BY BRAD J. LAMB

BUYING A HOME about Toronto’s real estate market and economy. I had hailed a taxi. In conversation with the taxi driver I had learned he was Bangladeshi. Now, for those of you who are unaware, his home country is desperately poor, one of the poorest in the world, and one constantly prone to flooding and disaster. He was fortunate enough, 20 years ago, to get landed immigrant status to Canada. He is now a citizen. He is 40 years old, married, and has three children. The great thing about his story is that he didn’t sit back and wait for Canada to take care of him, he took charge of his life and made it happen. He is now a millionaire, believe it or not, and he still drives a taxi, which he owns. A taxi plate in Toronto is worth more than $350,000. His wife works in lower management at a big five bank. They own a house outright in Brampton and a condo in Scarborough. Did I mention he arrived in Canada with a wife and just $100? How did he accomplish all of this? He worked hard. His wife worked hard. They both sacrificed and saved their money, and they invested in real estate. Why? Because everyone needs a home and it’s not too complicated.

An experience that I’ve recently had really reinforced the value of home ownership and real estate investing over anything else you can do with your money He bought his first house a few years after arriving in Canada. He sold that house and made $200,000, tax free. He then bought his current home and an investment condo. He kept the condo as a rental property for several years. He then sold the condo and made a $100,000 capital gain. Being a conservative person, he paid down his mortgage to zero, and used the surplus funds to buy a new condo unit from floor plans. That condo is now rented out and worth 40 per cent more than he paid for it. His children are all university bound. He is worth well over $1 million and he is planning for their next real estate acquisition. He may have little “formal” education but he could teach a class to most Canadians in smart money management and life planning. By the time he and his wife both retire, they will be millionaires a few times over and their three children will likely have successful careers ahead of them. Sometimes I meet people who defy the odds, take a little risk, and make good life decisions.

MARCH 15 - 29, 2014 NEW CONDO GUIDE 073

IN THE NEWS

DEMOGRAPHIC SHIFT:

Survey shows 59 per cent of Ontario homeowners age 50-plus are looking to downsize within five years Harmony Village offers a new approach to condo living, one that creates a holistic lifestyle community for residents looking to downsize their real estate needs yet enjoy all the amenities and services needed to fully enjoy life. The “age-in-place” concept provides all the services people need as they move toward retirement, including on-site home health care and full meal plans. The first Harmony Village is launching in Toronto on Sheppard Avenue at Warden. ABOUT HARMONY VILLAGE DEVELOPMENTS – MORE THAN A CONDO

Harmony Village lifestyle communities are tailored to – and designed for – your time of life. A visionary, amenity-rich place, Harmony Village is where fitness and leisure, recreation, health and wellness, Green living, and a modern attitude toward aging fuse seamlessly, in a progressively minded community. RESIDENCE

WITH THE KIDS OUT OF THE NEST AND RETIREMENT APPROACHING, Ontario Baby Boomers surveyed are looking to simplify their lives and save costs by downsizing their homes, shows new market research from Harmony Village. The poll, which interviewed Ontario homeowners 50 years and older, found that six in 10 of those surveyed expect to sell their existing homes and buy or rent smaller living spaces over the next five years. Top reasons for moving from their existing home are reducing maintenance work (81 per cent), lowering the cost of living (80 per cent), moving to a smaller home (62 per cent) and increasing their ability to travel more (60 per cent). Slightly more than half, 54 per cent, plan to use the surplus cash from downsizing to help finance their retirement. “This approaching wave of downsizing will further boost the condo market, especially for facilities that are offering the upscale comforts and lifestyle communities that Boomers will be demanding,” explains Jack Pong, CEO of City Core Developments, the developer behind Harmony Village. “This current survey confirms that this demographic places the highest importance on maintaining an independent lifestyle in an urban setting.” Eighty-eight per cent of the homeowners surveyed own a detached home, six per cent a semi-detached, three per cent a condo unit and two per cent a row or townhouse. Of the six in 10 homeowners looking to downsize, 78 per cent say this would be their final home. Half (47 per cent) would consider a condo or apartment unit. 074 NEW CONDO GUIDE MARCH 15 - 29, 2014

ABOUT CITY CORE DEVELOPMENTS

City Core Developments Inc. and City Core Management Inc. have been in the development and property management business since 1976, with millions of square feet of residential and commercial projects developed or under-development ranging from single-family housing and multi-family condominiums, to retail plazas, office complexes, industrial parks and seniors’ communities. For more information, visit harmonyvillage.ca.

Y RD T N O PPA EN M V R HE E 22 A H E S ING h rc 0 a G N M ,50 LA OPE , L y I a 177 V d D r N tu om $ A a R S Fr G s U in arting o J St

35,000 square foot recreational & amenity space

Environmentally friendly LEED gold design

Security from power failure & lower energy costs

On-site medical offices & 24-hr emergency response

HarmonyVillage.ca 416.493.0123

All prices, sizes and specifications are subject to change without notice. Renderingâ&#x20AC;&#x2122;s are artistâ&#x20AC;&#x2122;s impression only. E. & O. E.

Site & Sales Office Location: 3260 Sheppard Avenue East Toronto, ON M1T 3K3

IN THE NEWS

SPECTACULAR ROOFTOP TERRACES

coming soon to Dundas Square Gardens the five rooftop terrace gardens within the exciting new Dundas Square Gardens condominiums are unlike anything ever attempted within a vertical living environment in Toronto. With more than 16,000 sq. ft., or more than one-third of an acre, the five terrace gardens on different floors offer residents lavish outdoor entertainment options or private secluded sanctuaries, all without ever having to leave their building. The rooftop terraces are amongst the many unique features of Dundas Square Gardens, a soaring 47-storey tower at Dundas and Jarvis Streets, with a shorter boutique-style 16-storey tower also part of the project, just steps from Yonge and Dundas Square in the core of one of the city’s hottest new emerging neighbourhoods. Built with the finest finishes throughout by the Easton’s Group, creative architecture by Page+Steele Architects, and sleek and sophisticated design by Munge Leung, Dundas Square Gardens will bring an oasis of lifestyle options to the centre of the city. The largest garden terrace is 8,000 sq. ft. of beautiful landscaping located on the 18th floor, and includes an infinity edge pool, cascading water feature, stone fire pit, numerous barbecue pits, a hot tub and private seating areas, and a spectacular lounge sun deck. Everything about this terrace provides the ultimate in entertainment options, from intimate barbecue gatherings with a few friends, or gala-style pool party celebrations. Indoors on the 18th floor is a fully equipped state-of-the-art fitness centre and light-filled yoga studio to help you stay healthy in body and mind. On the third floor exists another indoor/outdoor cultural zone featuring the spectacular Sky Lobby and modern Sky Lounge and Bar – the perfect spot for elegant entertaining. Adjacent to the Sky Lounge is another outdoor rooftop terrace garden featuring an INSPIRED BY NEARBY ALLAN GARDENS TO ITS NORTH,

076 NEW CONDO GUIDE MARCH 15 - 29, 2014

The largest garden terrace is 8,000 sq. ft. of beautiful landscaping located on the 18th floor, and includes an infinity edge pool, cascading water feature, stone fire pit, numerous barbecue pits, a hot tub and private seating areas, and a spectacular lounge sun deck innovative dog walk complete with winding pathways your pet will love to explore. The second floor provides residents with a library, with study spaces, meeting areas and even guest suites. On the fifth floor is another smaller outdoor rooftop terrace garden, ideal to hide away with your favourite book while soaking up the sun in your sanctuary in the sky. Suites are available from just $199,900, with twobedroom suites from $299,900. The features and finishes include quartz kitchen counters, stainless steel appliances, porcelain bathroom floors and shower/tub surrounds, custom-designed vanities, sleek and modern plumbing fixtures and laminate flooring, adding to the modern and contemporary design with 8.5-ft. ceilings in each suite. Dundas Square Gardens is ideally located within easy walking distance of Ryerson University, steps to the shops and excitement of 24/7 living of Yonge Street, and easily accessible to all forms of transit. The design, form, function and myriad of unparalleled amenities available at Dundas Square Gardens will complement the lifestyle of its residents within a modern, urban living environment. Register now for more information. Visit dundassquaregardens.com or call 416.645.8575.

Real Estate Incor porated



DUNDAS SQUARE GARDENS! O’S T N O R O NT

AR ACUL SPECT OBBY L SKY T. OF 0 SQ.F S 0 ,0 6 1 N OVER OP GARDE S T W F E I O V RO CITY WITH WITH POOL GE Y IT INFIN LOUN & UP BAR GRO S ’ N STO AN EA CTION U PROD

OW DOWNT

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8 9 9 , $B1DR9M9FROM $299,998

SF CONDO



file:///C|/Users/kathy/Downloads/homelife logo.gif[10/30/2013 11:57:00 AM]

416-645-8575 REGISTER NOW DUNDASSQUAREGARDENS.COM Exclusive Listing: Baker Real Estate Incorporated Brokerage. Brokers Protected.

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

Real Estate Incor porated

MARCH 15 - 29, 2014 NEW CONDO GUIDE 073

Winter 2014 edition free

home&condo tHe Guide to BuyinG and ManaGinG your first HoMe

Highrise or lowrise? Which option is best for you? your first MortGaGe

Demystifying this often intimiDating topic

THE GUIDE TO BUYING AND MANAGING YOUR FIRST HOME

spend vs. save tips to furnish every room in your first home

special edition

416.626.4889 078 NEW CONDO GUIDE MARCH 15 - 29, 2014

YFH Cover WINTER2014_FINAL.indd 1

15/01/14 15:34:32

< 17’9” < 9’6”

living | dining

> dw

bedroom 2

< 10’3”

> >

$263,900

bedroom 1

< 9’6”

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balcony

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UNDER CONSTRUCTION!

Two Bedrooms For the Price Of a One Bedroom Start the year with “the value of the year”. Imagine spectacular 2 bedroom in-city living, for the price of a downtown 1 bedroom unit. Features include laminate flooring, granite countertops, ceramic backsplash, brand name stainless steel kitchen appliances, stacked washer /dryer plus a private balcony.

Sales Centre

Lansdowne Ave.

fuse

Dupont St.

N Wallace Ave.

Lansdowne TTC

Dufferin TTC

Bloor St.

Dufferin St.

$ 200,000s

OTHER SUITES FROM THE LOW

Sales Centre Address: 1401 Dupont Street (Access off Lansdowne)

Sales Centre Hours: Monday - Thursday: 12:00 PM - 6:00 PM Saturday + Sunday: 12:00 PM - 5:00 PM Friday: Closed

Fuse living includes: Gym and Yoga Studio, Multi purpose room with Billiards, Private Theatre and much more. With Metro grocers, Shoppers Drug Mart and the TTC at your doorstep, your affordable opportunity to live in the city’s hottest new neighbourhood is here. Act now and enjoy 2 bedroom living at a ridiculously low price!

fusecondos.com 416.534.4444 Neudorfer Corporation All renderings are artist’s impression. Prices, sizes and specifications are subject to change without notice. E. & O.E. 2014. *As per plan. See sales representative for details.

MARCH 15 - 29, 2014 NEW CONDO GUIDE 079

MONEY MATTERS

// BY GAIL VAZ-OXLADE

WE’RE HAVING A BABY!

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

So, now that you know you’ll only be getting a fraction of the income you’ve become used to, how are you going to cope?

ne of the life events that will have the biggest impact on your finances is the arrival of a new baby, and the income loss associated with taking maternity leave. In Canada, new moms can take up to 52 weeks off from their jobs and have those jobs protected for their return to work. However, all that time off doesn’t necessarily come with a full pay cheque. Yes, there are companies that offer a “top up,” but it hardly ever is for the full amount of your before-baby pay, and it seldom lasts for the full year. For people who do not receive a top-up, employment insurance (EI) benefits will provide an income. EI benefits are calculated as 55 per cent of your normal earnings up to a maximum salary. So if you’re earning $40,000 a year, which translates into $3,333 before taxes a month, or $769 gross a week, you’ll be entitled to 55 per cent of that or about $423 a week, before taxes. Ouch! On top of that pain is the fact that the first two weeks of your leave are unpaid, so your income calculation won’t start until the third week. And since it’ll take between four and six weeks to get your first EI benefit deposited into your bank account, you shouldn’t be counting on that money to make your mortgage payment or buy food. Moms aren’t the only ones who can take time off with their new Mini-Me. Dads can take up to 35 weeks of parental leave; however EI benefits have to be shared between the mother and father so they can’t both collect EI at the same time. Adoptive parents also get to take parental benefits and fall under the same rules as dads. So, now that you know you’ll only be getting a fraction of the income you’ve become used to, how are you going to cope? Many new moms and dads resort to using their credit cards or lines of credit to see them through. Dumb! With a new long-term expense – a child – adding gobs of interest to the equation is no way to secure your financial future. Every month you’ll fall further and further behind, becoming almost desperate at the hole you’ve dug yourself. And if another baby arrives soon after, your goose will be cooked. Just because Canadians are guaranteed a year of parental leave from work doesn’t mean we have the right to take it. We only have that right if we’ve taken the time to plan for it, and have the money we’ll need to make ends meet without going into debt. The best way to see the implication of that income drop-off is to live on the equivalent of your parental leave income for the duration of your pregnancy. Put the rest of your money away for emergencies, to buy the CONTINUED ON PAGE 82...

080 NEW CONDO GUIDE MARCH 15 - 29, 2014

T H I S I S YO U R TRIUMPH!

Coming April 2014 . Register Today!

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MARCH 15 - 29, 2014 NEW CONDO GUIDE 081

MONEY MATTERS

CONTINUED…

stuff you’ll need for the baby, or to start an education hospital for only one day. If there’s savings plan. If you can’t swing it for the months that any complication with baby, you’ll you’re pregnant, you might want to reconsider taking be “living” at the hospital until the full year’s leave. baby can come home. Don’t add The other thing you have to consider is which financial stress to your already member of the family should take the most time with over-stressed life. the baby. While, traditionally, women have done this, The arrival of your newest when the woman is the primary breadwinner in the family member should be a time family then the income loss to the family is felt doubly. full of joy and excitement. But Do the math to see who should take time off and how you can’t expect things to run much, and how that will impact on the family’s smoothly if you’re a dope and financial situation. don’t do some planning. You have to make a budget that balances while People like to say they didn’t you’re off, including a whole bunch of new categories have any time to plan… that they that incorporate baby’s food, clothes, diapers, were “surprised” by baby’s arrival. shampoo, creams, medical necessities, toys, activities, You’re kidding me, right? Nine and don’t forget about savings. months isn’t enough time to figure Also, don’t forget about the costs associated with out how you’re going to cope? Or actually getting the baby here: hospital rooms and maybe it’s that you don’t want to parking. If you have a health plan through work, you face some hard truths. Well, you may be covered for semi-private room. If not, you have a baby to consider now, so may have to settle for sharing a room with a lot of it’s time to wake up and smell other crying babies. And don’t bank on being in the poop!

Moms aren’t the only ones who can take time off with your new Mini-Me. Dads can take up to 35 weeks of parental leave; however EI benefits have to be shared between the mother and father so they can’t both collect EI at the same time. 082 NEW CONDO GUIDE MARCH 15 - 29, 2014

PHASE 2 GRAND OPENING THIS SPRING! REGISTER NOW FOR THE HARBOUR

Orchard Point Harbour on Lake Simcoe is the waterfront community you’ve been waiting for. And the wait is nearly over - Phase 2 is opening at the Harbour this Spring. These exceptional suites with direct waterfront views will go fast so don’t miss out. Stunning lake views from magnificent balconies, luxurious suites, and an amenity-rich privileged lifestyle await the fortunate few who will own here. Enjoy the exclusive Lakeside Club with pool, hot tub, fitness centre, and rooftop lounge. Benefit from membership to Starport Marina with an on-site boat slip ready for you. Orchard Point Harbour is the one-of-a-kind Harbour that has it all. Secure yours. Register today! Luxurious 1 & 2 bedroom waterfront condos from 1,000 sq. ft. to over 2,000 sq. ft. WHERE LAKE SIMCOE MEETS LAKE COUCHICHING PRICED FROM THE LOW $300,000’S TO OVER ONE MILLION REGISTER NOW

ORCHARDPOINTHARBOUR.CA

ON LAKE SIMCOE

Sales Office: 80 Orchard Pt. Road, Orillia | Hours: Thursday - Sunday: 12 - 5 pm or by appointment. MARCH 15 - 29, 2014 NEW CONDO GUIDE 083

MEET OUR

HERO

Matthew

Matthew was born in August 2012, three weeks prematurely. At 30 weeks gestation a routine ultrasound showed fluid in his abdomen. Matthew’s mom, Gillian, was transferred to the high risk unit at their local hospital. Their doctor there suspected that Matthew had meconium peritonitis, a rupture of the bowel. This is rarely seen in babies in utero, but is associated with babies who have cystic fibrosis. His parents were tested and learned that they carry the gene for cystic fibrosis. This came as a total surprise to them as there is no CF in their families. At birth, Matthew had a blood test and was confirmed to have CF and presented with the “classic” form – the delta gene. He was transferred to SickKids and had surgery to unblock his bowel on his first day of life. He

084 NEW CONDO GUIDE MARCH 15 - 29, 2014

had some complications, and spent six weeks at SickKids. Shortly before Christmas, he had a second surgery and was in hospital for three days. Matthew’s condition has already affected his pancreas and although it has not yet affected his lungs, his parents expect that it will as he develops and grows. They do physiotherapy with him daily to keep his lungs as healthy as possible. “It’s the worst feeling watching your child fight to get better,” says Gillian. “But despite his condition, Matthew’s been a happy boy providing us smiles.” Matthew’s parents decided that they want to do everything they can to help advance research. They met Dr. Felix Ratjen, head of respiratory medicine and co-director of the Cystic Fibrosis centre, who spoke to them about CF stem cell research and they readily agreed to allow SickKids to take a sample of Matthew’s skin when he came to have his surgery in December. “You can’t do anything to help other than be there and love them unconditionally. There were really two reasons behind participating in the research study: a little hope and a lot of fear. My optimistic side would say a lot of hope,” says Gillian. Last year, SickKids researcher, Dr. Janet Rossant and her team became the first in the world to use skin cells from patients with CF to produce mature lung cells in a petri dish. Lung cells generated from patients can be used to develop and test drugs that target the genetic mutation underlying the condition. If the drugs work on the lung cells, then later they may also be tried on the patient. Until recently, the only therapies available for patients with CF targeted the symptoms, like infection and digestive disorders, rather than the underlying genetic alteration.

Why SickKids? 1.

The life expectancy of a cystic fibrosis patient has increased 12x in the past 50 years â&#x20AC;&#x201C; from 4 years to 48. Research at SickKids, including the discovery of the gene that causes CF, is helping build toward a future where cystic fibrosis is a disease of the past.

Thanks to the generosity of partners in the Builders Helping to Heal Campaign, SickKids leads the way in cystic fibrosis research and many other devastating childhood diseases.

Readers looking to support SickKids can go to www.sickkidsleaders.com

BUILDERS HELPING TO HEAL Wall2Wall Media, the publisher of New Home Guide, New Home & Condo Guide and New Condo Guide, is teaming up with builders and their suppliers to help raise money for SickKids. The following companies have contributed generously to help give Ontarioâ&#x20AC;&#x2122;s children the world-class care they deserve. These pages honour these special people, and we thank them for their generous support. Builders Helping to Heal and Friends of the Industry are Wall2Wall Media initiatives stemming from SickKids Leaders, a program at SickKids which draws on the support of more than 150 volunteers over 30 industry sectors. www.sickkidsleaders.com

PLATINUM SPONSORS

www.fieldgatehomes.com

www.mattamyhomes.com

www.heathwood.com

www.mytribute.ca

Again, we thank our generous sponsors and appreciate their ongoing commitment. These companies not only build housing, but they support the families in the communities in which they build.

www.streetcar.ca GOLD SPONSORS

www.bazis.ca

SILVER SPONSORS

www.primonthomes.com

MARCH 15 - 29, 2014 NEW CONDO GUIDE 085

INVESTOR ADVICE

4 good reasons to consider a

PRE-CONSTRUCTION CONDO INVESTMENT Spring is right around the corner and we typically associate this buzzing season with a busy construction and real estate scene. Our investor expert Andrew la Fleur offers some insight on Toronto’s pre-construction condo market.

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

here are many different ways you can invest and make money in real estate. Most types of real estate investments are very hands-on and require a lot of time and effort. Investing in preconstruction condos, on the other hand, can be highly lucrative with minimal effort. Here are four reasons why I believe that pre-construction condo investing is the best way to invest and make money in real estate. 1. Leverage

The top reason so many real estate investors look to the preconstruction condo market is the ability to leverage their money over time. With just 15 to 20 per cent of your own money, you can buy 100 per cent of an appreciating asset, and you get to hold that asset for three to four years without making any 086 NEW CONDO GUIDE MARCH 15 - 29, 2014

payments on it. Over the last decade in Toronto, thousands of investors have seen incredible returns by simply buying, waiting, then selling the condo on completion. 2. Access to triple-A locations

Condo investing allows ordinary investors to get a piece of real estate in otherwise unattainable locations. Owning property on Yonge Street, King Street or on the waterfront is made possible for average investors only through the power of condo investing. And with many developers offering flexible deposit structures, you can own in these prime locations for a fraction of what it would cost to buy a commercial property, a house, or a small apartment complex in the same locations. 3. Low maintenance

New condos are perfect investments for busy professionals or the selfemployed because you can own multiple units with little to no monthly property management. Many of my clients tell me that they are so busy with their full-time jobs or their businesses, they don’t have time to be a part-time landlord. Compared to buying a house or a commercial property, new condos offer the lowest maintenance with the highest rentability, which means there’s nothing to fix or maintain and your unit will rent out very quickly, saving you time for what really matters in your life. 4. Rental demand

Since the end of the highrise apartment construction boom of the 1960s, there have been almost no purpose-built rental buildings in Toronto. Yet our city keeps on growing by tens of thousands every year. The need for new rental units is now filled almost entirely by new condominiums and tenants always want to live in the latest and greatest buildings. Buying pre-construction guarantees that you will own the newest apartment on the block when the building is complete, and condo investors know that renting out a unit in a brand new building in 2014 will in all likelihood be a very lucrative experience.

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MARCH 15 - 29, 2014 NEW CONDO GUIDE 087

DESIGNER ADVICE

SOUTH BEACH

style

// BY YANIC SIMARD // PHOTOS COURTESY OF THE JAMES ROYAL PALM

THIS FRIGID TEMPERATURE HAS ME DAYDREAMING about my trip last year to The James Royal Palm in Miami, Florida. Not only was it the perfect winter getaway, the trip was filled with tons of design inspiration which I just have to share. The hotel is designed by the hospitality mavens at Rottet Studio. The expansive property’s many interiors carry the intimacy of a boutique hotel, achieved through the attention to detail, exquisite materials and healthy collection of 088 NEW CONDO GUIDE MARCH 15 - 29, 2014

unique artworks. Despite offering nearly 400 rooms, every one of them feels like a personal oasis. Re-branded as part of The James hotel family in November 2012, the freshly renovated spaces draw from the Art Deco roots and Miami culture to create a friendly, relaxing and breathtaking luxury getaway that could not be more “now.” Follow these inspirational guidelines to bring South Beach style home with you. 01 White from the start White and very light beige gives an airier atmosphere than mid tones, and won’t absorb heat, lending a cooler look and feel. It also allows you to emphasize other elements, such as a beautiful view framed between

simple white sheers. The hotel’s suite ceilings, walls, integrated columns and window mullions are all white-on-white, letting the bright blue sky act as a piece of art. 02 Miami spice Because too much white can be sterile, you’ll now want to bring in some pops of light-hearted Miami colours, like bright teal blues, pastel pinks and lime greens. The James is brimming with stunning paintings and installations, and oversized art is a lasting trend that can make a great long-term investment. Even many of the flat-screen televisions are almost framed like modern artworks, with mirror surrounds de-emphasizing the technology and opening the room even further. Don’t forget the floors – the hotel mimics the azure vistas with rich blue carpets in swirling geometric patterns to let that skyline reach in and surround you. 03 A seat with a view Miami style is all about luxury and making a splash, and nothing says “luxe” like plush, oversized seating. Even a compact home can boast this look by choosing materials that command attention, making each piece of furniture an invitation to lounge. The James uses vibrant seat pads and pillows to add bursts of colour in the bedrooms, and the public spaces see bold tropical leaf and paint-stroke motifs to put all eyes on the plush sofas and chairs. Apply their technique of using neutrals for upholstered arms to keep wild patterns from overwhelming the space. MARCH 15 - 29, 2014 NEW CONDO GUIDE 089

1 04 Wild inside When the outdoors are as beautiful as Miami’s beaches, you’ll want to bring some of that vibe inside! Rattan chairs aren’t restricted to patios – try them for your breakfast table or one in your own sleeping quarters. Touches of cotton, linen and jute bring in rich texture, and of course no conversation about The James could be complete without a mention of the beautiful woods. Modern wood walls make wide-open spaces more intimate, while dark-grained details on chairs, coffee tables and chests keep the palette earthy – you’ll find very little chrome in this collection, and even the exteriors are clad in limestone. It seemed every space was alive with potted plant life, and I was especially taken with the miniature cactus gardens in each suite. Cleverly, these terrariums are both visually appealing because of their exotic nature (especially to those of us from northern climates), and also very easy to take care of, so they last much longer than a cut bouquet. 05 Non-linear thinking Besides the evocative paintings, The James uses small, unique details to give each space character and personality. Wiring for hanging pendants creates curling abstract forms rather than running straight up the wall, and similar free-form lines in long hallway carpets are mirrored on the ceilings for a truly unique and eye-catching detail. Tongue-in-cheek “CTRL” “ALT” “DEL” keyboard pillows spread on my bedroom banquet add visual interest and make light of the workplace I had left behind. At the end of the day, you have to remember not to take your style too seriously – after all, Miami is about having fun! After you’ve carefully edited and selected, toss in one thing that just makes you smile and relax. The work is over, and it’s time to rest and enjoy the season – South Beach style!

YANIC SIMARD is the design editor of New Condo Guide and principal designer of the Toronto Interior Design Group. Specializing in residential and commercial projects, Yanic often applies his signature high/low and old/new combination design techniques in developing unique interiors. Yanic 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. 090 NEW CONDO GUIDE MARCH 15 - 29, 2014

2 3 4 1 G LASS JUG LARGE PENDANT. $795. Visit elte.com

2 STOCKHOLM CHAIR IN WALNUT VENEER. $149. visit ikea.ca

3 V ALBORG CUSHION COVER IN BLUE AND GREEN. $7. Visit ikea.ca

4 M OEBIUS TABLE.

$660. visit dwr.com Product sourcing by SARA DUCK

GTA Edition March 15 - 29, 2014

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

CONDO WATCH

new releases & grand openings Brownstones at Westown by Lindvest

Discover tremendous value at Weston Road and Sheppard Avenue West. The “Astoria” model suite is open for viewing. Web: Lindvest.com

Core Condos by CentreCourt Developments

416

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

previews & registrations FWD Condominiums by Concord Adex

Offering affordable living in Forest Hill, with condos starting in the mid-$200,000s. Register now to stay up to date. Web: TheCodeCondos.com

Smart House by Urban Capital/Malibu

SQ at Alexandra Park by Tridel

Intriguing, innovative, smart condos at Queen and University. Register for info. Web: SmartHouseToronto.com

Twenty Lombard by Great Gulf

HighPark Condominiums by The Daniels Corp.

Chaz.Yorkville by 45 Charles Ltd. & Edenshaw Homes

Condos now on sale, where modern urban meets Mother Nature. Register today. Web: DanielsHighPark.com

Ten93 by Pemberton Group

The HUB by Empire Communities

Now open in this key Eg-West location. Get connected, live life on tomorrow’s fast lane. Web: EmpireTheHub.com

One Park Place, South Tower by The Daniels Corp.

Dwell City Towns by Menkes

Urban towns coming soon to the Long Branch neighbourhood. Register today. Web: MintoLongbranch.com

The Nest by Rockport

Landing soon in Hillcrest Village. Register today to stay informed. Web: TheNestCondos.com

Harmony Village by City Core Developments

Coming soon to Toronto’s lap of luxury. Register online to stay informed. Web: 1Yorkville.ca

Live in perfect harmony with comfort, convenience and culture, at Sheppard and Warden. Register today. Web: HarmonyVillage.ca

Casa III by Cresford

Biyu at Emerald City by ELAD Canada

A new fashion icon is rising in the heart of Yorkville. Lobby to be furnished with Hermés. Register now. Web: CasaCondominium.com

Coming soon, new condominiums at Emerald City, at Sheppard and Don Mills. Register now to stay informed. Web: BiyuCondos.com

Riva del Lago by Monarch

Westinghouse Lofts by Easton’s Group/Remington

New condo set to make some waves on the waterfront. Register to stay informed. Web: MonarchGroup.net

New release of spectacular penthouses is coming soon to this premier Yorkville neighbourhood. Register now. Web: ChazYorkville.com

An eclectic fusion of fashion, art, culture, creativity and style is coming soon to Queen West and Dovercourt. Register for information. Web: Ten93QueenWest.com

Minto Longbranch by MintoUrban Communities Inc.

1 Yorkville by Bazis/Plaza

The Britt Condos by Lanterra

New release of The Upper Suites. See The Britt from a different point of view! Web: TheBrittCondos.com

87 Peter by Menkes

Now open: a dramatic new condo in this master-planned community at Spadina and Queen. Web: Tridel.com

Boutique living starts on the 34th floor at Yonge + Rich, with 150 private residences coming soon. Register now. Web: YongeAndRich.com

Now on sale, the “one” place to be in downtown east. Coming soon on Sumach south of Dundas. Register for information. Web: DanielsOneParkPlace.com

The Cumberland by Camrost Felcorp

092

Coming soon in 2014 to the core of the city, near Church and Dundas. Register now. Web: CoreCondos.com

The latest phase launched in the Concord CityPlace neighbourhood. Register now. Web: CityPlace.ca

Coming soon: great location, stylish design, superb amenities in the heart of the city. Register now. Web: Menkes.com

The Code Condos by BLVD & Lifetime Developments

Coming soon to King and Blue Jays Way. Register to stay up to date. Web: KingBlueCondos.com

New townhome community now open in Etobicoke. Visit the presentation centre. Web: Menkes.com

101 Erskine by Tridel

The grand opening is now on! An urban oasis at Yonge and Eglinton. Web: Tridel.com/101erskine

The Epicurean by Monarch

Experience a slice of the finer things in life, now open in The Kingsway. Web: MonarchGroup.net

Water Tower by Empire Communities

Now open, a new urban waterscape offering inspired condo living in the award-winning Eau Du Soleil community. Web: EmpireWaterTower.com

Love Condominiums by Gemterra

Now open! Visit the new sales centre and designer-decorated model suite at Sheppard and Birchmount. Web: LoveCondominiums.com

88 Scott by Concert Real Estate Corp.

The Award Series has arrived! Limited collection of one-bedroom, one-bedroomplus-den and two-bedroom view homes. Web: 88Scott.com

093

BUILDER PROFILE

10 minutes with...

MICHOEL KLUGMANN

PHOTO CREDIT: KEVIN DAVID LEBLANC

FOR MORE THAN SIX DECADES,

H&R Developments has built a reputation for creating outstanding highrise and lowrise residential, commercial and industrial projects across the GTA. For the last 16 years under the H&R umbrella, the Lindvest team have supplied its residential developments, and been hugely successful building communities that strike the right notes with municipalities, new residents and neighbours alike. Its emergence as a strong, focussed brand continues with some of the GTA’s most forward-thinking developments, including The Brownstones at Westown in Etobicoke, the West Annex’s first new large-scale residential building in decades, B.streets condos and Grand Cornell Brownstones soon to be released in Markham.

094 NEW CONDO GUIDE MARCH 15 - 29, 2014

“Lindvest is really a fresh take on what the company already did,” says vice-president Michoel Klugmann. “It’s rare to have a continuous, Canadian-owned family business in its fourth generation. It speaks to our integrity and our commitment to excellence. We’re here for the long run. We’ve been functioning as Lindvest for more than 15 years, but it was in the background of the H&R Homes brand. We have always had a strong relationship with the municipalities, with the land assembly and banking communities. Now we’re bringing the attention of the marketplace to what Lindvest really is.” One of Lindvest’s commitments is to thoughtfulness, an essential quality when creating the kinds of diverse communities that have lately put Lindvest at the forefront of inventive urban development. B.streets, for example, is in the heart of Toronto’s Annex neighbourhood, one of its most venerated and sought-after communities – which only served to make new development a tricky proposition, especially with available land in short supply and a sky-high cookie-cutter condo clearly a poor fit. “This wasn’t a case of redevelopment,” Klugmann says. “It’s been residential forever, but no one has built anything new there for decades. We welcomed the challenge. It’s a strength of ours, to take apart the pieces, wonder whether this or that might work – it leads to innovative solutions.” In this case, the solution was a midrise, contemporary project that straddles its dualistic location perfectly, both its high-energy, diverse Bathurst side and its quieter, more family-oriented Annex side. By offering a variety of suites including two-storey townhomes and luxurious penthouses, and adding anchoring retail space to the mix, B.streets has become a landmark of outside-the-box development. With occupancy starting this summer,

It’s rare to have a continuous, Canadian-owned family business in its fourth generation,” SAYS KLUGMANN

B.streets has progressed with amazing speed since its initial sales offering in 2011. The project received multiple industry honours including both the Building Industry and Land Development Association’s and the Ontario Home Builders’ Association’s Project of the Year Awards in 2012. Its marketing campaign too, which featured real area residents and helped set the mood for the entire project, was widely honoured. With Etobicoke’s The Brownstones at Westown, Lindvest again saw opportunity in an atypical location, in this case a mostly industrial area surrounded by established residential that has seen little in the way of residential development – until now. As they often are, Lindvest is at the forefront of a revival with Westown’s Sheppard Avenue and Weston Road, where they’ve created New York-style stacked homes that offer city dwellers some of the perks of suburban living including their own dedicated parking space, with all the convenience and amenities of an urban environment. “We’re always looking for something unique; we’re not interested in repeating the same idea over and over,” Klugmann says. “It takes vision and a willingness to bet that people will love to live here. We saw its tremendous access to all the major transit routes and highways, and we know that not everyone wants to live in the sky. Some people want their own front door.”

One of Lindvest’s commitments is to thoughtfulness, an essential quality when creating the kinds of diverse communities that have lately put Lindvest at the forefront of inventive urban development The brownstone building style was a considered choice for which Klugmann thinks Torontonians are ready. “We need varied form,” he says. “People aren’t all the same. Plus, keeping condo fees down is virtually impossible in the 416, and not everyone wants to live in the 905.” It’s a built-form he says city planners wanted to see too, which has helped advance the project quickly. Lindvest’s Grand Cornell Brownstones community in Markham will soon offer a release of similar stacked homes as well. “The GTA is a great place to live and buy,” Klugmann says. “At Lindvest, we’re embarking on new frontiers, but we haven’t strayed from our original commitment to earn the respect of our homeowners. As our tag line says, Life Happens Here.”

SNAPSHOT 1. KEY MESSAGE We establish neighbourhoods in up-andcoming locations that consistently appreciate in value. We design for real people in a way that is both beautiful and functional. We’re committed to high-quality construction, responsiveness, honesty and integrity. 2. KEY PLAYERS ON THE LINDVEST TEAM George Hofstedter, president; Michoel Klugmann, vice-president; Joseph Alberga, director, Sales & Marketing; Peter DeBiasio, vice-president, Construction. 3. LINDVEST VALUES To remain open to new ideas while maintaining stringent standards for progressive urban design. 4. MARKET NICHE We believe the market requires broad offerings for real people in all their diversity. 5. PAST PROJECTS Grand Cornell, Markham; Royal York Grand, Etobicoke; Roxborough, Vaughan; Rhapsody, Newmarket 6. CURRENT PROJECTS Gracefields, Newcastle; The Brownstones of Westown, Etobicoke; B.streets Condos, Toronto; Grand Cornell Brownstones soon to be released, Markham; Aurora Glen, coming in 2014 7. AWARDS 2003 Home Builder of the Year; 2010 Markham Community Design, Grand Cornell; 2012 Project of the Year, B.streets condos

THE BROWNSTONES AT WESTOWN

MARCH 15 - 29, 2014 NEW CONDO GUIDE 095

HOMEBUYERSâ&#x20AC;&#x2122; HELP

CONDO HUNTERâ&#x20AC;&#x2122;S CHECKLIST

When shopping for your dream condo, carry this list with you and take notes to help you remember what you saw, and where! CONDO #1

CONDO #2

CONDO #3

CONDO #4

Project & address:

Salesperson:

Phone:

Developer/builder:

Type:

2-storey highrise bungalow

detached conversion townhome

2-storey highrise bungalow

detached conversion townhome

2-storey highrise bungalow

detached conversion townhome

2-storey highrise bungalow

detached conversion townhome

SQ. Footage:

# of bedrooms:

# of bathrooms:

Interior appliances:

Options:

Parking facilities:

Special incentives:

Price:

Down payment:

Condo fees:

Financing available:

Other comments:

096 NEW CONDO GUIDE MARCH 15 - 29, 2014

L I M I T E D T I M E O N LY

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THE MOST OUTSTANDING MID-RISE BUILDING IN 2012 Designed to be a hallmark building featuring timeless elements of traditional architecture combined with modern sensibilities of design and function, this exclusive community will be located just steps from Lake Ontario’s waterfront in the vibrant community of Long Branch. With easy access to public transit and several major highways, Watermark promises to be the perfect place to call home. N

Long Branch

Thirty Fifth St.

S TA R T I N G F R O M Lake Shore Blvd. W.

Kipling Ave.

Brown’s Line

1 Bedroom • 1 Bedroom + Den • 2 Bedroom • 2 Bedroom + Den – from 649 sq.ft. to 1,225 sq.ft.

$306,900

MOVE IN SPRING 2014

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416.354.2221

Long Branch

Thirty Fifth St.

Kipling Ave.

Brown’s Line

Lake Shore Blvd. W.

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

097

SWEETEST SUITES

Flora suite-of-the-month offers remarkable value

AT ELAD CANADAâ&#x20AC;&#x2122;S EMERALD CITY 1

ELAD CANADA IS OFFERING AN INCREDIBLE OPPORTUNITY on the 1,009-sq.-ft., two-bedroom-plusmedia Flora design at Emerald City 1, in the highly successful Emerald City community in North York. Before Mar. 31, 2014, purchase the Flora Suite-of-theMonth from only $474,900 rather than the original $511,900 price tag, and parking is included! This thoughtful design includes a 177-sq.-ft. balcony that spans the open-concept living/dining/kitchen area and both bedrooms. Adding to its appeal, the Flora features two spacious bedrooms, two full bathrooms, a media centre and a handy work island in front of the linear kitchen. Only a few Flora suites remain, and with these incentives in place, they are sure to go quickly. The time to act is now, before the Suite-of-theMonth is a thing of the past. Topping off this amazing opportunity, all purchasers at Emerald City 1, Emerald City 2 and Dream Tower can buy with only five-per-cent down, move in this year and receive a free TTC Metro Pass for one year! This is an amazing perk, as residents of this master-planned community enjoy easy access to the TTC subway. They can also hop on city buses on 098 NEW CONDO GUIDE MARCH 15 - 29, 2014

Sheppard Avenue and Don Mills Road, and the Don Valley Parkway, Hwys. 404 and 401 are close by for quick trips downtown or anywhere in the GTA. With Fairview Mall across the street, there is little need to leave the area to run errands. This favourite

All purchasers at Emerald City 1, Emerald City 2 and Dream Tower can buy with only fiveper-cent down, move in this year and receive a free TTC Metro Pass for one year shopping destination is home to high-end boutiques, major department stores, movie theatres, restaurants and a multitude of services. In addition, families who live in Emerald City are also never more than a few minutes away from schools, libraries, the Don Valley trail, ravines and parks. Right in the community, the 50,000-sq.-ft. Parkway Forest Community Centre is now under construction, and is slated to open in April 2014. In this dynamic facility, families will be able to use the grand outdoor pool complete with a pavilion; well-equipped gymnasium with a yoga room, aerobics/dance studio and change rooms; YMCA-run day care; and rooftop garden and green roof. Emerald City 1 is a luxurious 36-storey tower with familyoriented amenities such as the Kidsâ&#x20AC;&#x2122; Gymboree, perfect for young families, as well as approximately 9,000 sq. ft. of retail under the tower on Sheppard. There are a limited number of suites remaining in Emerald City 1, beginning in price from $357,900. Suites in the 29-storey Tower 2, which features a gym, spa and outdoor terrace,

begin in price from $255,900, and in the 25-storey Dream Tower, which is centred around a park and plaza, from $270,900. ELAD Canada is part of ELAD Group, a leading real estate organization with worldwide interests, which has made its mark across the globe. Based in Toronto, ELAD Canadaâ&#x20AC;&#x2122;s substantial development portfolio includes multi-residential projects and condominiums in Montreal and throughout the GTA. With only a few Flora suites available as the Suite-of-the-Month, they are sure to go quickly! Visit the Emerald City presentation centre today, located at the southeast corner of Don Mills Road and Sheppard Avenue. Hours are Monday to Thursday 11 a.m. to 6 p.m.; Saturday and Sunday noon to 5 p.m. To find out more, register at emeraldcitylife.ca or call 416.492.0001. MARCH 15 - 29, 2014 NEW CONDO GUIDE 099

HOMEBUYERS’ HELP

BUYING A NEW HOME? Protect your investment

BUYING A NEW HOME IS LIKELY THE BIGGEST FINANCIAL

investment you will ever make, and it’s understandable that you want to get it right. One of the biggest benefits of choosing to buy a newly built home is that it comes with a seven-year warranty from your builder that is backed by Tarion Warranty Corp. Make sure you understand your rights and responsibilities regarding your warranty with these five tips: REVIEW YOUR PURCHASE AGREEMENT WITH A LAWYER

Review your agreement of purchase and sale with a real estate lawyer before signing to ensure you understand exactly what is included in the price of the home. If you are buying a condo, review the disclosure statement to understand what items are part of your unit and what are considered common elements. Make sure anything that is agreed to verbally by your sales representative is reflected in writing. ATTEND THE PRE-DELIVERY INSPECTION Your builder will schedule a pre-delivery inspection, or PDI, on or before the day you take possession. Make the most of this opportunity by learning how to operate your home’s systems and properly care for it. List anything on the PDI form that may be damaged, incomplete, missing or not working properly. Make sure that the form is complete, as it will serve as an official record of the condition of your home before you moved in. 100 NEW CONDO GUIDE MARCH 15 - 29, 2014

Make sure anything that is agreed to verbally by your sales representative is reflected in writing COMPLETE YOUR FORMS AND SUBMIT THEM ON TIME If you need to make a warranty claim to Tarion, keep in mind that there are strict deadlines for submitting your warranty forms. The best way to stay on top of those deadlines is by registering for MyHome, an online service for homeowners operated by Tarion. It will remind you of your warranty periods and allows you to submit your forms online.

Working with your builder to complete unfinished work and repairs is critical. Be sure to give your builder and their tradespeople access to your home during normal business hours, at a time mutually agreed upon in advance. Denying access will jeopardize your warranty rights.

ALLOW YOUR BUILDER ACCESS FOR REPAIRS

Attentive maintenance not only ensures that your property remains in good condition and working order, it preserves your warranty coverage too. For example, controlling moisture levels throughout your home is a prerequisite for certain warranty claims. More information is available online at tarion.com. NC MAINTAIN YOUR HOME

last chance to be a part of history

MOVE IN THIS YEAR! 2 YEARS FREE MAINTENANcE ONLY 5% DOwN! *

penthouse suites from the hiGh $700’s tower/courtyard suites from the hiGh $300’s live at the top of toronto’s historic distillery district, steps to vibrant festivals, galleries, theatres, and cafes. visit the presentation centre: 17 Gristmill lane toronto OPEN tuESdAy - SuNdAy 12Pm-5Pm

see, feel, eXperience for yourself! Now you can tour a fully-furnished model Suite in the nearly-complete Gooderham. See the quality, feel the luxury, experience the finishes, admire the views. call to book your appointment today.

ACtuAl GOOdERhAm VIEwS

liveatthEdistillery.COm 416.361.1322 Exclusive Broker: Insite Realty Corp., Brokerage *Buy with 5% down, plus 1% on occupancy. Prices and specifications are subject to change without notice. See Sales Rep for details.Illustration is artist concept. E. & O.E.

SWEETEST SUITES

THE LILY MODEL SUITE BLOOMS WITH POSSIBILITIES at ME Markham and Ellesmere Living

AT ME CONDOMINIUMS, “MARKHAM AND ELLESMERE LIVING”

in Scarborough, Lash Group of Companies enlisted a renowned design team to bring the vision of this masterplanned community to life. Turner Fleisher Architects Inc. has created a stunning exterior with a tree-lined courtyard and water feature. Tanner Hill & Associates is in charge of interior design, including appointing and furnishing the 842-sq.-ft. two-bedroom-plus-den Lily model. This is a prime example of the design excellence in all the available layouts. According to Tanner Hill’s Paul Davies, “Buyers at ME come from a variety of backgrounds, so the models have to showcase the livability of the suites for all ages. Our market research indicated that some empty-nesters moving from a large home are interested in having a two-bedroom suite with upgraded finishes, which guided 102 NEW CONDO GUIDE MARCH 15 - 29, 2014

Beyond the personal spaces in their suites, owners will have the exclusive use of Tanner Hill & Associates-appointed amenities, including a magnificent lobby housing concierge service

our decor choices in the Lily. The flooring throughout, for example, has an upgraded distressed finish for contrast and texture.” In the dining nook, a chandelier and the installation of glass artwork on the wall provide an urban contrast to the rustic look, which is softened by cream-coloured leather dining chairs. Open to the living/dining area, the Lily’s kitchen features cabinetry with a furniture finish and a unique marble mosaic backsplash. Davies points out that in the main living area, “The plush shag area rug is luxurious and stunning.” The Lily’s bedroom has bold pops of aqua in the foil-finish wallpaper and bedspread. “Even if emptynesters select this suite, they still want something fresh, new and exciting for their change in lifestyle,” Davies says. “In this inviting room, the bedside table features a handy built-in electronic plug-in for smart phones, iPads and such. It’s a great way to keep these units off the kitchen counter.” Beyond the personal spaces in their suites, owners will have the exclusive use of Tanner Hill & Associatesappointed amenities, including a magnificent lobby housing concierge service. Among the exciting common areas will also be an interactive sports lounge, fitness facility with yoga area, multi-purpose demonstration kitchen, private dining room, party room, Hollywood-style theatre and chic guest suites. The spa-like podium rooftop has an outdoor fireplace, pool, tanning areas and barbecues, with private dining and lounge areas overlooking panoramic views.

All of this is framed by a striking exterior by the renowned Turner Fleisher Architects, complete with a tree-lined courtyard and water feature. Enjoying the epitome of convenience, residents will live just a short walk to transit and the recently renovated Scarborough Town Centre. Over the past half century, The Lash Group of Companies has built more than a dozen luxury highrise condominiums and residential developments as well as millions of square feet of industrial and commercial space in the GTA. Choices at ME include onebedroom, one-bedroom-plus-den, two-bedroom and two-bedroomplus-den suites starting at just $149,990. The presentation centre and two model suites are located at 1151 Markham Rd. (south east corner at Ellesmere). To find out more about this fantastic community, visit meliving.ca or call 416.430.0003.

MARCH 15 - 29, 2014 NEW CONDO GUIDE 103

IN THE NEWS

Hot Toronto waterfront condo

FOR JUST $500 A MONTH

NOT ALL WATER IS CREATED EQUAL. Empire Communities’ Eau Du Soleil Condominiums has recently introduced an exciting new program for purchasers, making condo ownership on the water much easier. With the “$500 a Month Home Ownership Event,” purchasers will pay just $2,500 down and $500 a month for 47 months and the balance of 15 per cent on occupancy to call the Toronto waterfront and Eau Du Soleil “home.” It’s an attractive payment plan that real estate investors and firsttime buyers will no doubt welcome. “At Empire, we understand the challenges first-time buyers face to come up with the deposit required to purchase a new home or condominium,” says Paul Golini, executive vice-president of Empire Communities. “We believe this program can help make the difference between being able to purchase a new home and having to wait a few years longer.” Purchasers can choose from one of three distinct suite types – Cobalt, Cyan and Superior – each designed with Empire’s exceptionally high standard of craftsmanship combined with contemporary styles, accents and materials. A compact one-bedroom suite such as the 560-sq.-ft. Cobalt presents a good investment choice, especially with the luxury of a separate bedroom, ample closet space and in-suite washer and dryer. Plank flooring, glass tile backsplash and a granite countertop add impressive finishing touches. For those looking to enter the real estate market for the first time, the one-bedroom-plus-den Cyan suite is an excellent place to start. The stunning linear terrace runs the length of the living room and bedroom to fill the suite with natural light as you admire the gorgeous skyline and views. The one-bedroom-plus-den, 538-sq.-ft. Superior suite features an open-concept living, dining and kitchen area as an ideal place to entertain, 104 NEW CONDO GUIDE MARCH 15 - 29, 2014

dine and relax with friends before taking advantage of the overabundance of incredible lifestyle amenities designed to connect you to the waterfront in fresh and inspiring ways. Purchasers will be part of an inspiring new vision set to rise 732 ft. above sea level in a spectacular lake-front setting. The perks of waterfront condo living at Eau Du Soleil will also include a complimentary one-year TTC pass provided on occupancy, allowing purchasers to take advantage of the streetcar right at their doorstep. Residents will be just minutes away from Toronto favourites like Bloor West Village, Air Canada Centre and Rogers Centre, Roncesvalles Village and so many more great places to appreciate the best of city living. As a “thank you” to new purchasers in this incredible home-ownership event, each buyer will receive a trip for two to the Caribbean to enjoy some relaxation after settling into their new suite by the water. The Empire team will also be happy to explain the details of a special opening bonus of up to $80,000 cash back on select suites in the Eau Du Soleil community. The Eau Du Soleil presentation gallery is located at 2183 Lake Shore Blvd. W. Hours are Saturday and Sunday from noon to 5 p.m. For more information, call 416.503.3328 or visit empirecommunities.com/ communities/eau-du-soleil.

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the spirit of living

Prices, sizes and specifications are subject to change without notice. Map not to scale. Illustrations are artist’s concept. E.&O.E.

MARCH 15 - 29, 2014 NEW CONDO GUIDE 105

IN THE NEWS

GET IN ON THE GROUND FLOOR AT CLOUD9 Soaring ceiling heights in these stunning suites are a rare find

BEING GROUNDED HAS NEVER FELT SO GOOD! The nine-ft., six-in. ceiling heights in the ground-floor suites at Cloud9 Condominiums are a design feature that makes these wonderful suites feel as airy as a penthouse – and with a starting price of just $268,990! Enhanced livability in a high-ceilinged space comes in many forms in addition to the overall feeling of spaciousness and beautiful natural light. Also, such spaces can accommodate larger-scale artwork or collections of art that help express your individual style in a striking way. They can accommodate the chandelier of your dreams, too! From the tree-lined circular entrance to the shimmering rooftop-level pool, from the sleek architecture to the high-end standard finishes, attention to sophisticated details is making the newest community by Lash Developments the perfect option for discerning urban dwellers looking for something truly special. Its north Etobicoke location is a perfect balance between lush Humber Valley green spaces and bustling city lifestyle. Quick and convenient access to Hwy. 401 and 427, GO Transit, TTC and the airport mean you’re always on the brink of adventure, and the abundant surrounding park lands mean rest and relaxation are just as close by. Neighbourhood amenities abound, 106 NEW CONDO GUIDE MARCH 15 - 29, 2014

including libraries, schools, childcare centres, restaurants, places of worship, health care centres, movie theatres and an ice rink. Humber College and Woodbine Centre are just minutes away. Lash Development Corp. has a long history of creating lasting value in condominium communities across the GTA, including such visionary developments as The Fashion District Lofts, and 500 and 530 St. Clair. Cloud9 is already under construction, and with these highly desirable suites still available starting at $268,990, it’s the perfect time to put down roots in a suite that reaches for the sky! Visit the presentation centre at 60 Esther Lorrie Dr. in Etobicoke, Monday to Thursday from noon to 6 p.m., weekends and holidays from noon to 6 p.m.. Call 416.747.0199 or visit Cloud9Condos.ca.

luxury homes and condos to life

IOUS LIFEST YLES YOUR GUIDE TO LUXUR

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created exclusively to showcase luxury homes and condo developments, Luxury Living is the first premium magazine of its kind.

THE WORLD IS O TORONTSES COMING to LAT EST ADDRES THE YOU NEED TO KNOW

discerning shoppers will enjoy browsing sophisticated design and editorial, and most importantly, the quality selection of premium, high rise and low rise developments in the GTA.

Spring edition available April 26, 2014. PINNACLE INTERNATIONAL

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newhomeguide.ca

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

# Builder 2 GREAT GULF HOMES 6 CRESFORD DEVELOPMENT CORP. 7 THE DANIELS CORPORATION 8 CRESFORD DEVELOPMENT CORP. 10 EMPIRE COMMUNITIES 15 TRIDEL CORPORATION 17 ROCKPORT GROUP 18 URBAN CAPITAL 23 TRIBUTE COMMUNITIES 25 TRIDEL CORPORATION 26 BAZIS INC. 27 THE DANIELS CORPORATION 28 EMPIRE COMMUNITIES 29 PINNACLE INTERNATIONAL 31 WORSLEY URBAN PARTNERS 35 MENKES DEVELOPMENTS INC. 36 NEUDORFER CORPORATION 37 CRESFORD DEVELOPMENT CORP. 38 EASTON’S GROUP 39 LIFETIME DEVELOPMENTS 52 CRESFORD DEVELOPMENT CORP. 52 CRESFORD DEVELOPMENT CORP. 58 GREAT GULF HOMES 99 GREAT GULF HOMES 110 GREAT GULF HOMES 124 PINNACLE INTERNATIONAL 126 GREAT GULF HOMES 140 EDEN SHAW 140 45 CHARLES LTD. 149 CAMROST - FELCORP 150 ASPEN RIDGE HOMES 155 LIFETIME DEVELOPMENTS 189 THE DANIELS CORPORATION 190 CRESFORD DEVELOPMENT CORP. 199 FIELDGATE HOMES 202 BAZIS INC. 202 RIO CAN 202 METROPIA 215 DUNDEE KILMER DEVELOPMENTS 217 PEMBERTON GROUP 217 BAYWOOD HOMES 218 MALIBU INVESTMENTS INC. 218 URBAN CAPITAL 219 TAS DESIGNBUILD 222 LAMB DEVELOPMENT 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 4 GAIRLOCH INVESTMENTS 4 TRIDEL CORPORATION 5 ONNI GROUP OF COMPANIES 5 ONNI GROUP OF COMPANIES 7 THE DANIELS CORPORATION 8 CRESFORD DEVELOPMENT CORP. 8 CRESFORD DEVELOPMENT CORP. 9 ASPEN RIDGE HOMES 11 MENKES DEVELOPMENTS INC. 11 MENKES DEVELOPMENTS INC. 12 NORTH DRIVE INVESTMENT 13 STREETCAR DEVELOPMENT 14 CANALFA GROUP 16 FREED 18 URBAN CAPITAL *TH: Townhomes, C: Condo

Site Telephone TH* C* Price Range Page Finder Yonge+Richmond 416-499-8883 • from $281,000 23 16K Merton Yonge Condominiums 416-484-1900 • from $350,000 136 & IBC 14E The Parkside Collection 416-351-1844 • from $700,000 Insert 8L NXT 416-977-5300 • • from $350,000 IBC 8N The HUB 416-784-3482 • from $250,000 6 9F 101 Erskine 416-480-0700 • from $286,000 IFC 14D The Nest 416-223-0003 • from $250,000 67 11H RC3 416-862-0505 • • from $250,000 51 18L The College 416-363-4800 • from $320,000 47 M14 Spadina Queen 416-661-1949 • from $350,000 IFC 15D One Yorkville 416-519-2911 • from $300,000 5 15I One Park Place South Tower 416-955-0559 • from $200,000 15 18K Water Tower at Eau Du Soleil 416-503-3328 • from $320,000 7 25B 33 Bay Residences at Pinnacle Centre 416-925-3325 • from $375,000 60 17M Totem Condominium 416-792-1877 • from $250,000 59 15H 87 Peter menkes.com • Insert 15M Fuse Condos 416-534-4444 from $220,000 79 9K Lofts 399 416-867-3999 • from $590,000 IBC 14L Dundas Square Gardens 416-645-8575 • from $200,000 77 17K The Code thecodecondos.com • from $250,000 25 13H CASA 2 416-977-1100 • from $290,000 IBC 15L CASA III 416-486-2272 • from $250,000 IBC 15L Monde 416-466-8885 • from $340,000 22 17M One Bloor Residences 416-922-0081 • from $550,000 22 15I Charlie 416-927-9772 • from $945,000 23 14M The Pinnacle on Adelaide 416-596-1600 • from $350,000 61 15M X2 416-927-0080 • from $480,000 23 16J Chaz Yorkville Condos 416-922-0045 • from $320,000 31 16J Chaz Yorkville Condos 416-922-0045 • from $320,000 31 16J Imperial Plaza 416-925-2501 • from $385,000 3 15I Studio on Richmond 647-352-7736 • from $300,000 55 15M The Bond Condominiums 416-546-7525 • • 27 15G Cinema Tower Condominiums 416-203-2020 • from $450,000 29 14M 1000 Bay 416-485-3000 • from $390,000 IBC 15J 90 Niagara 90niagara.com from $350,000 53 14O E Condos 416-243-8688 • from $300,000 19 14E E Condos 416-243-8688 • from $300,000 19 14E E Condos 416-243-8688 • from $300,000 19 14E Canary District Condominiums 416-603-7576 • from $250,000 45 18L TEN93 Queen West 905-326-4100 • from $280,000 8 12F TEN93 Queen West 905-326-4100 • from $280,000 8 12F Smart House 416-292-0219 • from $230,000 57 15L Smart House 416-292-0219 • from $230,000 57 15L Duke Condos junctionlife.ca 62-63 8K The Harlowe 416-363-1771 • from $260,000 73 15M 530 St. Clair Ave. West 416-868-0500 • from $344,000 12H the rushton rushtonliving.com • from $344,000 12H Grand Parade 2 at Concord CityPlace 416-813-2999 • 15M ParadeTWO Park Collection at Concord CityPlace 416-813-2999 • from $308,000 15M Quartz 416-813-2999 • • 15M Spectra 2 416-813-2999 • • 15N Grand Parade 2 at Concord CityPlace 416-813-2999 • 15M 383 Sorauren 383sorauren.com 9L Aqualina at Bayside 416-514-2710 • from $350,000 16E Garrison at the Yards 416-260-2600 • from $190,000 14N West Lake 416-260-2600 • from $240,000 14N High Park Condominiums 416-351-1844 • from $300,000 8L NXT 2 416-977-5300 • • from $300,000 8N NXT2/Phase Two 416-977-5300 • • from $210,000 8N VU 416-970-9500 • • from $370,000 16L Pears on the Avenue 416-323-0100 • from $382,000 14I 365 Church 416-591-7700 • from $250,000 14I The High Park 416-670-3699 • from $300,000 8L Trinity Lofts 416-690-2988 • from $330,000 19L Liberty Place 416-537-0047 • • from $170,000 12N 155 REDPATH 416-996-5428 • from $210,000 14D River City 416-862-0505 • • from $250,000 18L

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

URBAN CAPITAL KINGSTONE ROAD DEVELOPMENT MENKES DEVELOPMENTS INC. TOWER HILL DEVELOPMENT CORPORATION EASTON’S GROUP REMINGTON GROUP EASTON’S GROUP REMINGTON GROUP MONARCH CORPORATION TRIDEL CORPORATION GREENPARK HOMES BAZIS INC. PINNACLE INTERNATIONAL TOWER HILL DEVELOPMENT CORPORATION MADISON HOMES LAMB DEVELOPMENT CORP. CENTRE COURT DEVELOPMENT CONCORD ADEX CONSERVATORY GROUP TIMES DEVELOPMENTS INC. MINTOURBAN COMMUNITIES INC. MINTOURBAN COMMUNITIES INC. LANTERRA DEVELOPMENTS LINDVEST CANALFA GROUP PEMBERTON GROUP LAMB DEVELOPMENT CORP. E-PARK DEVELOPMENT EMSATEC CANADA INC NEUDORFER CORPORATION MADISON HOMES STATE BUILDING GROUP EMPIRE COMMUNITIES LAMB DEVELOPMENT CORP. TRIDEL CORPORATION HARHAY DEVELOPMENTS CARTTERA FERNBROOK HOMES/CITYZEN DEV. DHD DEVELOPMENTS LAMB DEVELOPMENT CORP. HARHAY DEVELOPMENTS PLAZA MENKES DEVELOPMENTS INC. LIFETIME DEVELOPMENTS ASPEN RIDGE HOMES CONTEXT DEVELOPMENT INC. CONTEXT DEVELOPMENT INC. THE BROWNSTONE GROUP OF COMPANIES THE BROWNSTONE GROUP OF COMPANIES PLAZA BAZIS INC. METROPIA PLAZA PEMBERTON GROUP THE DANIELS CORPORATION THE DANIELS CORPORATION THE DANIELS CORPORATION LIFETIME DEVELOPMENTS LIFETIME DEVELOPMENTS CONCERT PROPERTIES TRIANGLE WEST DEVELOPMENT LANTERRA DEVELOPMENTS TRIDEL CORPORATION TRIDEL CORPORATION TRIBUTE COMMUNITIES TRIBUTE COMMUNITIES GRAYWOOD DEVELOPMENTS MOD DEVELOPMENTS INC. CANDEREL/STONERIDGE ALTERRA HOMES/FINER SPACE BSAR LTD ANDRIN HOMES GRAYWOOD/BEAVERHALL DEVELOPMENT CITYZEN FERNBROOK HOMES FERNBROOK HOMES URBAN CAPITAL MALIBU INVESTMENTS INC. ALIT DEVELOPMENTS TRE MEMOVIA DEVELOPMENTS LIFETIME DEVELOPMENTS CASTLEPOINT/CITYZEN/FERNBROOK PIANOSI DEVELOPMENTS SORBARA GROUP STREETCAR DEVELOPMENT CAMROST - FELCORP MIZRAHI | KHALILI DEVELOPMENTS SORBARA GROUP GRAYWOOD DEVELOPMENTS MOD DEVELOPMENTS INC. RESERVE PROPERTIES RESERVE PROPERTIES PEMBERTON GROUP STREETCAR DEVELOPMENT GREENPARK HOMES TRI-WIN DEVELOPMENTS INC MINTOURBAN COMMUNITIES INC. BURNAC CORPORATION LIFETIME DEVELOPMENTS CENTRE COURT DEVELOPMENT STREETCAR DEVELOPMENT MENKES DEVELOPMENTS INC. FREED CARTTERA SOLOTEX MOD DEVELOPMENTS INC. RESERVE PROPERTIES CASTLEPOINT/NUMA TORBEL GROUP LAMB DEVELOPMENT CORP. LAMB DEVELOPMENT CORP. FREED MANSOURI LIVING MENKES DEVELOPMENTS INC.

*TH: Townhomes, C: Condo

Site

Telephone

TH* C*

Price Range

Page

Finder

River City 2 416-862-0505 • • from $250,000 18L The Glen 416-694-3333 • from $255,000 23H Fabrik 416-591-7700 • from $250,000 14M 2221 Yonge 647-350-2221 • from $200,000 14E King Blue Condominiums 416-599-1355 • from $200,000 12N King Blue Condominiums 416-599-1355 • from $200,000 12N Westinghouse Lofts 416-599-1355 • from $200,000 12N Westinghouse Lofts 416-599-1355 • from $200,000 12N Picasso on Richmond 416-495-3549 • 14M Ten York 416-596-9888 • from $1020,000 12F Axiom Condominiums 647-352-4077 • from $225,000 17L No1 Yorkville 1yorkville.ca • 15I Success Tower at Pinnacle Centre 416-360-0673 • from $750,000 17M Churchill Park Condominiums 416-966-9080 • from $900,000 13H The Madison 416-482-8090 • from $420,000 14E Riverside Towns 416-368-5262 • from $460,000 19L Core Condos 416-598-2673 • from $220,000 16L Infinity The Final Phase 416-214-1988 • from $300,000 16M Milan 416-928-7409 • from $520,000 15I The 500 Condos + Lofts 416-960-0606 • from $400,000 17I King West 416-367-5464 • from $210,000 14M 775 King West 416-367-5464 • from $330,000 14M 3018 Yonge In Lawrence Park 416-787-8882 • from $390,000 14B B Streets 416-532-6636 from $369,000 13J Liberty Central by the Lake 416-537-0047 • • 12N The Uptown Residences 416-987-3500 • from $950,000 16J The Brant Park 416-368-5262 • from $262,000 14M Foundry Lofts 416-531-7760 from $399,000 9I The Brownstones 5 416-531-7760 • from $350,000 9I Brownstones 416-531-7760 • from $305,000 9I The Upper Canada Condominium 416-489-5194 • from $1800,000 14G The Upper Canada Condominiums 416-489-5194 • from $1.8,000 14G Schoolhouse 416-979-1333 • from $595,000 13I Flatiron Lofts 416-368-5262 from $243,000 20J 300 Front Street West 416-217-0300 • from $324,000 15M One Eleven Condominiums & Lofts 647-347-4111 • from $250,000 13M One Eleven Condominiums & Lofts 647-347-4111 • from $250,000 13M Pier 27 Waterlink 416-367-3456 • from $800,000 17N Condos at The Distillery 416-361-1322 • from $400,000 18L The King East 416-368-5262 • from $435,000 18L East Condos & Lofts 416-368-5262 • from $310,000 18L King West 647-341-1731 • from $346,000 13N Four Seasons Private Residences Toronto 416-775-7500 • from $1900,000 15I Four Seasons Private Residences Toronto 416-775-7500 • from $1900,000 15I Seventy Seven Charles Yorkville 416-203-7034 • from $2100,000 14J Market Wharf 416-861-8181 • from $260,000 17M Library District Condominiums 416-861-8181 • from $222,000 17M Brownstones in Davenport Village 416-531-7760 from $245,000 9J Brownstones on the Park 416-531-7760 • from $260,000 9J Ivory On Adelaide 647-341-1731 • from $279,000 17L Exhibit 416-967-7778 • 14I Exhibit 416-967-7778 • 14I Exhibit 416-967-7778 • 14I U Condominiums 416-546-6605 • from $2500,000 15K One Park West 416-955-0559 • from $406,000 18J One Park Place Condominiums 416-955-0559 • from $200,000 18J Festival Tower 416-203-2020 • from $350,000 M14 X2 416-927-0080 • from $303,000 16J Bisha Hotel & Residences 416-637-2211 • from $274,000 16M 88 Scott 416-216-8588 • 17M Art Condos 416-535-7775 • from $530,000 12N Riverhouse at the Old Mill 416-766-7343 • from $520,000 5L Two Old Mill 416-645-7022 • from $356,000 5L Old Mill 416-645-7022 • from $450,000 5L RCM I on University 647-351-9247 • from $393,000 14M Queen & Portland 416-363-4800 • from $315,000 15I 5 St. Joseph 416-928-0555 • • from $250,000 16J 5 St. Joseph 416-928-0555 • • from $250,000 16J DNA 3 416-929-1030 • from $220,000 12N Post House Condominium 416-964-2777 • from $350,000 16L 12 Degrees 416-408-1200 • from $350,000 15L The Berwick 416-922-9425 from $280,000 14D The Mercer 416-597-6940 • from $350,000 15M Backstage on the Esplanade 416-777-2533 17M Backstage on the Esplanade 416-777-2533 17M Vero 416-798-7070 from $250,000 17M Tableau Condominiums 416-591-8887 • • from $450,000 15L Tableau Condominiums 416-591-8887 • • from $350,000 15L Tableau Condominiums 416-591-8887 • • from $350,000 15L Carmelina 416-423-8500 • from $325,000 23J The Yorkville Condominiums 416-987-3344 • • from $550,000 15G L Tower 416-777-2533 • from $410,000 17L Perspective Condos 416-242-3500 from $280,000 4H thirtytwo Camden 416-860-0060 • from $240,000 14L 8 Gladstone 416-690-9009 • from $335,000 M12 Yorkville Plaza 416-966-3003 • • from $350,000 14H 133 Hazelton Residence 416-926-9900 • 14I 210 Simcoe 416-217-0210 • from $200,000 15M Five Condos 416-928-0555 • • from $375,000 15J Five Condos 416-928-0555 • • from $375,000 15J Rise 416-546-7399 • • from $290,000 12H Model Suite of the Month • 12H Neon 416-987-7878 • from $470,000 14D The Carlaw 416-690-8588 • from $200,000 19K Allure Condominiums 416-487-7600 • from $350,000 14F FAD Condos 416-815-1818 • from $250,000 14M 30 Roe 416-915-3812 • from $350,000 14D South Hill on Madison southhillonmadison.com • from $200,000 13I INDX 416-987-4639 • 16M INDX 416-987-4639 • 16M The Carnaby 416-690-9009 • from $250,000 12M Noir 416-977-8780 • from $250,000 15M SIXTY Colborne 416-601-0060 • from $300,000 16L SIXTY Colborne 416-598-7775 • from $300,000 16L Upper Beach Townes • 24G The Massey Tower 416-966-0197 • • from $320,000 16L 109OZ 416-531-4844 • from $300,000 12M The Sterling 416-777-2533 • • from $230,000 9L Wallace Walk 416-531-1818 • from $210,000 9L King Charlotte 416-368-5262 • from $416,000 15M Theatre Park 416-368-5262 • from $537,000 16M Thompson Residences 416-360-0600 • from $280,000 The Perry 416-926-7555 • from $390,000 Harbour Plaza menkes.com •

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

torontoregionalmaps: Toronto, East York, York

18 19 20 20 21 21 21 21 22 22 24 26 29 30 32 33 34 41 46 54 55 55 57 59 60 62 64 66 66 66 70 70 78 81 83 85 85 88 94 101 101 102 103 103 104 106 106 109 109 114 117 117 117 118 120 120 122 126 128 129 130 131 131 131 133 134 135 135 136 137 141 142 148 151 151 151 153 153 153 154 155 157 162 165 170 171 173 175 179 179 184 184 185 186 188 191 192 193 195 195 197 198 200 200 201 206 207 210 217 220 221

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

109

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20

101

Steeles Ave

121

21 22 23 24 25 26

North York C 5

400

124

40 8 2 50

135 37

128

7 5

401

124

96 28

123 21

401

E 3

122

130

125

132 25

torontoregionalmaps: North York

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

110

Builder

5 7 94 121 123 124 128 1 2 3 3 4 4 5 6 6 6 6 8 14 15 21 28 33 37 40 50 50 86 95 96 96 96 99 101 122 122 122 125 128 130 132

LINDVEST FRAM BUILDING GROUP DHD DEVELOPMENTS LIBERTY DEVELOPMENT CORP. BRANDY LANE HOMES TRIDEL CORPORATION THE DANIELS CORPORATION CONCORD ADEX TORBEL GROUP YYZED PROJECT MANAGEMENT TIFFANY PARK HOMES TRIDEL CORPORATION TRIDEL CORPORATION LINDVEST CONCORD ADEX CONCORD ADEX CONCORD ADEX CONCORD ADEX CONSERVATORY GROUP TORBEL GROUP EMERY CONDOMINIUMS TRIDEL CORPORATION TRIDEL CORPORATION CASTLE ROYALE DEVELOPMENT NORSTAR GROUP OF COMPANIES MENKES DEVELOPMENTS INC. MINTOURBAN COMMUNITIES INC. DEVRON DEVELOPMENTS CANDEREL/STONERIDGE ASPEN RIDGE HOMES ELAD CANADA ELAD CANADA ELAD CANADA THE BROWN GROUP OF COMPANIES KANTIUM DEVELOPMENT LANTERRA DEVELOPMENTS LANTERRA DEVELOPMENTS LANTERRA DEVELOPMENTS FRAM BUILDING GROUP THE DANIELS CORPORATION TRIBUTE COMMUNITIES FRAM BUILDING GROUP/CADILLAC FAIRVIEW

*TH: Townhomes, C: Condo

Site

Telephone

TH* C*

Price Range

Page

Finder

The Brownstones at Westown lindvest.com from $330,000 93 4C SOUL mysoulcondos.ca from $200,000 105 25C Gooderham 416-361-1322 • from $410,000 101 18L World on Yonge 905-771-7010 • from $284,000 35 A18 The Station 416-398-9777 • from $420,000 71 12D Trio at Atria 416-645-8866 from $255,000 IFC 24C NY2 416-221-3939 from $250,000 39 19C Opus 416-813-2999 • • 22C The Avanti Condominiums 416-636-0400 from $390,000 17C VISTO vistocondos.ca from $220,000 8E Westhaven 416-792-6655 • from $633,000 23G Hullmark Centre 416-733-2883 • from $524,000 18D Aristo at Avonshire 416-730-0300 • from $383,000 18D Grand Cornell Brownstones in Markham lindvest.com from $350,000 4C Tango at Concord Park Place 416-813-2999 • • from $236,000 22C Discovery at Concord Park Place 416-813-2999 • 22C Discovery II at Concord Park Place 416-813-2999 • • from $210,000 22C Tango2 at Concord Park Place 416-813-2999 • from $265,000 22C Pearl 2 Condominiums 416-512-1818 • 17C Diva DivaCondo.com from $250,000 11C The Essential 905-887-4888 • from $250,000 20E Argento 416-663-1818 • from $562,000 22E Alto at Atria 416-645-8866 • from $288,000 25D The Palm Condominium Residences 416-306-1000 • from $400,000 17B Portrait Condominiums 416-282-9600 • from $300,000 13C Gibson Square 416-730-9722 • from $385,000 17C 88 416-915-3805 • from $325,000 18C Flo Condominiums 647-799-0356 • from $250,000 18C Aura At College Park 416-962-8688 • from $995,000 16K Scenic on Eglinton 416-805-1781 • 23G Emerald City Condominiums 416-492-0001 • from $256,000 24C Dreamtower At Emerald City 416-492-0001 • from $248,000 24C Biyu Emerald City biyucondos.com • from $250,000 24C Willow Park at Bayview 416-221-6767 • from $400,000 21 Posh Condominiums 905-771-0134 • from $544,000 16A Treviso Condominiums 416-787-8882 • from $250,000 12F Treviso II 416-787-8882 • from $250,000 12F Treviso III 416-787-8882 • from $250,000 12F LIV Lofts 416-445-5638 • from $250,000 22F NY Place 416-221-3939 • from $250,000 19C Canterbury 647-352-2130 • • from $700,000 19F Flaire Condos 416-445-8868 • from $320,000 22F

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

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20

Av e

Rathburn Rd

Bloor St W

Q ueensw ay

Park Law n

50 14 51 34 3 35

RoyalYork Rd

D undas St W

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

Rd lett Scar

Da nf or th

Islington Ave

Scarborough

*TH: Townhomes, C: Condo

Kipling Ave

11 53 3 56 39 4 37 6 33

G ardiner Expressw ay Evans Ave

H orner Ave

Lakeshore Blvd W

Site Telephone TH* C* Price Range Page Finder The Epicurean 416-495-3530 • from $250,000 17 23F One Sherway Condominiums 416-695-3535 • from $226,000 22 16G Riva del Lago 416-495-3544 • from $350,000 Insert 24C Watermark 416-354-2221 • from $307,000 97 19D Terrace on Danforth 416-987-7575 • from $235,000 35 2F Harmony Village Sheppard 416-493-0123 from $176,000 75 2C West Village 416-620-1887 • from $290,000 IFC 21F Triumph at Valhalla triumphcondos.com • 81 21F Three Seven Condos & Lofts esquirehomes.ca • from $210,000 11D Atwater Condos 905-271-5038 • from $280,000 12B Centro 416-296-1898 • from $185,000 6D On The Go Mimico 647-692-8417 • from $250,000 23C On The Go 647-692-8417 • from $250,000 23C Nautilus at Waterview 416-203-6636 • from $400,000 25H Altitude 416-321-1659 • from $230,000 25H One Sherway Condominiums 416-695-3535 • 16G Palais at Port Royal Place 416-239-8200 • from $260,000 23F Cloud 9 Condominiums 416-747-0199 • from $220,000 22B Cloud 9 Condominiums 416-800-0812 • from $240,000 22B ilofts at Mystic Pointe 416-251-8888 • from $310,000 25G California Condos 416-251-8888 • from $242,000 25G Ocean Club 416-255-4663 • from $250,000 24C Lago 416-495-3544 • from $200,000 24C Eleven Superior 416-259-8882 • from $220,000 23C Encore 416-495-3544 • 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 $456,000 22G South Beach 416-252-3000 from $209,000 25H Waterscapes 416-495-3544 • 26H Ventus at Metro Gate 416-293-5535 • from $314,000 4C One Valhalla 416-233-5554 • from $239,000 21F Park Towers at IQ 416-253-5838 • from $220,000 22G Vivid Condos 416-239-8200 • from $250,000 23F Westwood Condominiums 416-239-9888 • from $250,000 23F Avani At Metrogate 416-293-5535 • from $240,000 4C Jade Condominiums 416-762-8818 • from $293,000 24G Nature’s Path 416-745-6686 • • from $270,000 11E 2150 Condos 416-750-2150 • 3E Haven On The Bluffs 416-2611-9555 • from $160,000 3E Lexington 416-638-8444 • from $240,000 21C South Shore 416-913-2136 • from $350,000 22H Qube Condos 647-351-7823 • from $200,000 24G Me Condos 416-430-0003 • from $150,000 8D

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

torontoregionalmaps: Scarborough, Etobicoke

Builder MONARCH CORPORATION GREAT GULF HOMES MONARCH CORPORATION QUEENSCORP RESIDENCES LIBERTY DEVELOPMENT CORP. CITY CORE TRIDEL CORPORATION EDILCAN DEVELOPMENT CORP. ESQUIRE HOMES WINDCATCHER DEVELOPMENT CORPORATION HENDERSON DEVELOPMENT LIMITED STANTON RENAISSANCE STANTON RENAISSANCE MONARCH CORPORATION CONSERVATORY GROUP MENKES DEVELOPMENTS INC. PEMBERTON GROUP LASH GROUP OF COMPANIES CARTTERA CAMROST - FELCORP CAMROST - FELCORP GRAYWOOD/BEAVERHALL DEVELOPMENT MONARCH CORPORATION DAVIES SMITH MONARCH CORPORATION EMPIRE COMMUNITIES AVERTON HOMES TRIDEL CORPORATION AMEXON DEVELOPMENT CORPORATION MONARCH CORPORATION TRIDEL CORPORATION EDILCAN DEVELOPMENT CORP. REMINGTON GROUP PEMBERTON GROUP ALTERRA HOMES/FINER SPACE TRIDEL CORPORATION PHANTOM DEVELOPMENTS YOUR HOME DEVELOPMENTS VHL DEVELOPMENTS LTD. VHL DEVELOPMENTS LTD. ROYALE GRAND WOODBINE DEVELOPMENTS MINTOURBAN COMMUNITIES INC. FIRST AVENUE PROPERTIES LASH GROUP OF COMPANIES

Etobicoke

Q EW

# 5 7 18 25 28 38 44 45 1 1 2 2 2 4 6 7 8 10 10 11 11 15 18 20 29 33 34 35 37 39 42 45 46 50 51 55 56 60 61 61 62 65 70 71

M artin G rove Rd

409

d llR Mi

lva

1 40 D ixon Rd

W estw ay

Ranforth D r

ve nA

Bl vd

Re xd al e

401

Centennial

Manse Rd

n sto 1

427

Galloway Rd

St. Clair Ave 1

Orton Park Rd

Markham Rd

McCowan Rd

Bellamy Rd

Lawrence Ave E

Scarborough Golf Rd

n Dr

orto

East Ave Port Union Rd

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

Victoria Park

Progress Ave

Brim

Eglinton Ave E

Finch Ave W

Sheppard Ave E

Morrish Rd

Brimley Rd

Warden Ave

Pharmacy Rd

Birchmount Rd

Kennedy Rd

Ellesmere Rd

401 Midland Ave

55 401 31

Milner Ave

Al bio

H um berline D r

Beare Rd

Sheppard Ave E

Conlins Rd

Ave

Morningside Ave

evin

McL

Passmore Ave

Meadowvale Rd

Huntingwood Dr

Reesor Rd

Finch Ave E

Sewells Rd

Neilson Rd

McNicoll Ave

Tapscott Rd

McCowan Rd

21 22 23 24 25 26

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

111

d Dr Lair

21 22 23 24 25 26

Va lle yP ar kw n Do

Ave

y Valle D on ay Parkw

o esh Lak W Blvd

rd S

y Ave

QEW

16 17 shore Lake W Blvd

Jarvis

ersit

St Keele

Univ

ve ina A Spad

Par k

bine

Ave well

G era

erin

s dow

Duff

Land

Cox

Rog

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ue Aven

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Spad

Vau g

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Egli

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St Jane

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St Cla

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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20

21 4 12 18ay 9 29 ssw xpre er E

din

Gar

Toronto Waterfront

waterfrontmaps: TORONTO

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

112

Builder

PEMBERTON GROUP

Park Lake Residences

Site

416-769-4343

Telephone

TH* C*

Price Range

Page

CONCORD ADEX

Grand Parade 2 at Concord CityPlace

416-813-0999 • 15M

CONCORD ADEX

Quartz

416-813-0999

• • from $250,000

Finder 3F

• • 15M

CONCORD ADEX

ParadeTWO Park Collection at Concord CityPlace

416-813-0999

• from $308,000

15M

MONARCH CORPORATION

Nautilus at Waterview -

416-203-6636

• from $400,000

25H

TRIDEL CORPORATION

Aqualina at Bayside Toronto

416-514-2710

•

16E

PLAZACORP/BERKLEY COMMUNITY

West Harbour City

westharbourcity.com

• from $327,000

13E

LIFETIME HOMES

Waterparkcity – Neptune

416-203-3700

•

13f

CONCORD ADEX

ParadeTWO Tower Residences

416-813-0999

• from $287,000

14F

CONCORD ADEX

Grand Parade at Concord CityPlace

416-813-0999

• from 293,000 14F

CONCORD ADEX

Panorama at Concord CityPlace

416-813-0999

• from $389,000

14F

CONCORD ADEX

Panorama Elite Suites at Concord CityPlace

416-813-0999

• from $1,135,000 14F

CONCORD ADEX

Luna Vista at Concord CityPlace

416-813-0999

• from $2,213,000 14F

CONCORD ADEX

Spectra

416-813-0999

• • 14F

CRESFORD DEVELOPMENT CORP.

NXT at Windermere By The Lake

416-977-5300

• • from $300,000

11F

CRESFORD DEVELOPMENT CORP.

NXT2/Phase Two

416-977-5300

• • from $210,000

CONSERVATORY GROUP

Infinity Condominiums

416-214-1988

• from $250,000

14F

11 CAMROST FELDCORP

California Condominiums

sunsetcondos.ca

• from $242,000

25G

14 CANALFA GROUP

Liberty on the Park Condominiums

416-537-0047 • from $363,000

10F

15 MALIBU INVESTMENTS INC.

LTD

416-601-2223

12F

• from $200,000

18 FERNBROOK HOMES/CITYZEN DEV.

Pier 27 Residences On The Lake

416-367-3456

• from $300,000 11F

18 URBAN CPITAL

River City 2

416-862-0505

• from $250,000

29 PINNACLE INTERNATIONAL

33 Bay Residence at Pinnacle Centre

416-925-3325 • • from $375,000 17M

58 GREAT GULF

Monde

416-466-8885

60 CANALFA GROUP

Liberty Central by the Lake

416-537-0047

*TH: Townhomes, C: Condo

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

• • from $304,000

18L

insert

17M

•

12N

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

Price Range

Scug

Phillip M

Manvers

Page

Finder

Scugog

416-354-2221 48

• from $307,000

416-503-3328

• from $320,000

19D 25B

Newcastle

905-271-5038 • from $280,000 12B

Oshawa

Eg Bu lin to rn Ra n ha th b m th urn or Rd pe E Du Rd nd Th W as eQ St ue E en sw ay

Av eW

on ial Dr

Br ita nn ia Rd W

Ce rem Ra th bu rn Rd W

Br id ge Rd

Sp ee rs Rd La ke Ma sh cD or Co eR o d E nald rnw Rd all Rd

Ro ya lW

Qu ee nS tE

ind so Q rD ue r en St W

Sh Sp erid ea an km P an ark Tr Dr Dr us co tt Dr

Th eC oll eg ew ay

Bu rn ha mt ho rp eR dE

La ke sh or eR dW

St ee les

De rry Rd W

STANTON RENAISSANCE

On The Go

401 647-692-8417 • from $250,000 23C

UNITED LANDS

Stonebrook Condominiums

905-822-8858 • from $270,000

CHESTNUT HILL DEVELOPMENT

San Francisco By The Bay

905-831-3631

10 PEMBERTON GROUP

Bluwater Condominiums

416-987-8800

• from $350,000

11 MONARCH CORP.

Waterscapes

416-495-3544

• from $390,000

25C

13 GREEN HILL HOMES

Princeton Manor

905-849-1818 • from $210,000

14 PHANTOM DEVELOPMENTS

Jade Waterfront Condos

416-251-0707

• from $250,000

24G

15 GRAYWOOD DEVELOPMENTS

Ocean Club

416-255-4663

• from $250,000

24C

23J

416-495-3544 • 24C

20 DAVIES SMITH

416-259-8882

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

• from $220,000

23C

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

waterfrontmaps: GTA

• • from $180,000

18 MONARCH CORP. Lago Eleven Superior

Park Rd S

TH* C*

Lake

Bloor St

Whitby 7 Waterfront

Park Rd S

W entworth St

Lindsay

Uxbridge

Gibb St

Centre St.

Bay

King St WBond St

Stevenson Rd

Atwater Condos

Telephone

401

AdelaideAve

Thornton Rd

Garrard Rd Kendalwood R

La ke sh or eR d

Anderson St

Cannington

Blair St

Schomberg

Rossland Rd

Manning Rd

Hopkins St

King Water Tower at9Eau Du Soleil

Garden StBlair St

Bradford Tecumseth and Watermark Tottenham

Brock St S Henry St Gordon St

Keswick

Ajax-Whitby

Shoal Point Rd

Georgina

Cochrane St

St W

Taunton Rd W

Dryden Bv

Bayly St E Georgina Island 33 caygeo Bob

Whitby

*TH: Townhomes, C: Condo

oe mc Si

Stevenson Rd

Garden St

Baldwin St S

Brock St N

Sim

East Gwillimbury Further North Waterfront 400

idd le Rd

Conlin Rd

Town of Whitby

Dundas St E

e 401

Pickering Beach Rd

Harwood Ave

McQuay

Up pe rM

To Os

Thornton Rd

Rossland Rd

Townline Rd

Audley Rd

Du nd as

Church St E

Thickson Rd

Lakeshore Blvd E

Country Lane

th or pe Rd W

Garrard Rd

Baldwin St N

Coronation R

Lakeridge Rd

Audley Rd

Salem Rd

Bu rn ha m

Stevenson Rd

Du ffs Rd

Park Law n Cedarbrook T

RoyalYork Rd

Cochrane

Country Lane

Halls Rd N

16 28

1518 20

H orner Ave Rossland/Winchester R

Alliston,

Adjala 9

4 Sideline R

Salem Rd

W estney Rd N

Finley A ve

WINDCATCHER DEVELOPMENT CORP.

Mono

Greenwood Rd

0 28 EMPIRE COMMUNITIES 1

Evans Ave

W estney Rd S

Shelburne

Kingston Rd

Oro

25 QUEENSCORP RESIDENCES

Mara

Barrie

Village of G ardiner Expressw ay in 1411 Brookl 2

Q ueensw ay

W Taunton Rd Waterfront Etobicoke

Town of Ajax

Magill Dr

400

8 Con

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

400

Beeton, Site

Fifth Conces 12 11 9

Ravenscroft

Builder

Q EW

6 Concession

Delaney Dr Church St S

Hwy 5

Essa

Columbus Rd

Mississauga Taunton Rd E Waterfront Orillia

Montgomery F

Tosorontio Everett

Squires Beach Rd

Angus

Brock Rd

Sandy Beach

Sunnidale Oakville Granite Court 90 Waterfront Lisle Liverpool Rd

Church St N

Vespra 401

21 22 23 24 25 26

Brawley Rd Bloor St W

D undas St W

Bracebridge

Notion Rd Riverside Dr

Stroud's

Whites Rd

Rd ak rlo Bu

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16 Sideline

Glenanna Rd

SheppardAve Rd on 24 ingst K

Brock Rd

Brock Rd s R Oak or Maj Valley Farm

Highview Rd

Rossland Rd

Liverpool Rd

Dixie Rd

No ttin gh llG FinchiAve ate

4 Sideline

3 Concession

Ke rr St

7 Concession

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400

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5 Concession

Rd e Lin Whites Rd

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3 40

Br Gont e

4 Concession Tr af alg ar Rd

W Q ECa

16 Sideline

ol fe da le

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e Lin

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8 Concession

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Myrtle Rd W Rathburn Rd

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20 Sideline

m To

24 Sideline

9 Concession

eline d

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28St Sideline rio ta on

9 Concession

113

I BUILD RELATIONSHIPS. â&#x20AC;&#x153;The more active I became with BILD, the more I grew professionally and personally. BILD provided the opportunity to work with some of the best and brightest people in our industry. Through seminars, social events and committee involvement, I have established strong relationships with individuals that have become both clients and friends.â&#x20AC;?

David Klugsberg, Partner Vice President Client Services L.A. Inc., Service Professional Member Since 1996

I AM

Get Involved: bildgta.ca

GTA Edition March 15 - 29, 2014

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

CONDO WATCH

previews & registrations Grand Palace Condominiums by Guizzetti Corp.

Luxury living at affordable prices is coming to Richmond Hill. Register now for Tower C. Web: GrandPalace.ca

SkyCity2 by Pemberton Group

Phase 1 is under construction at Yonge and Hwy. 7. Register now for Phase 2. Web: SkyCityCondos.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 Lydia.McNutt@wall2wallmedia.com

Legacy Park by Liberty Development

Register now for the grand finale at Thornhill City Centre â&#x20AC;&#x201C; iconic architecture, urban suite designs and fabulous park views. Web: LegacyParkCondos.com

Daniels Erin Mills by The Daniels Corp.

New landmark community coming soon to Erin Mills and Eglinton. Register to stay informed. Web: DanielsErinMills.com

HOT Condominiums by Great Gulf

Phase 3, final release, offering boutiquestyle living in Erin Mills. Register to stay up to date. Web: HotCondominiums.com

Centro Square by Liberty Development

A master-planned community in the heart of Woodbridge, Phase 2 is now previewing. Web: CentroSquare.ca

The Clairington by Castleridge Homes

Active adult living in a park-side condo in Brampton. Register now for insider access. Web: TheClairington.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

Rain Condominiums by Empire Communities

New suite release at Rain Condominiums in Oakville. Register now. Web: RainCondos.com

116 NEW CONDO GUIDE MARCH 15 - 29, 2014

new releases & grand openings Grand Cornell Brownstones by Lindvest

A new collection of stacked condominium townhomes is coming soon to the established Grand Cornell community located at Ninth Line and Hwy. 7. Register now. Web: Lindvest.com

The Mark by Empire Communities

Now open at Markham Road and Bur Oak. Remarkable residences. Remarkable Markham. Web: TheMarkCondos.ca

Fairground Lofts by Wycliffe Homes

Model suite and showroom now open! Urban lofts are coming to Woodbridge Village. Web: FairgroundLofts.ca

Allegra by Nova Trimax

New release of Terrace Loft Suites, steps from the Village of Woodbridge. Construction now underway on Phase 1. Web: AllegraCondos.com

Garden Court Condos by Monarch

Over 90 per cent sold, in the heart of Cathedraltown, one of Markhamâ&#x20AC;&#x2122;s most sought-after neighbourhoods. Web: MonarchGroup.net

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Mon-Thurs: 12 noon - 6pm Fri: Closed Sat, Sun & Hol: 12 noon - 5pm EXCLUSIVE LISTING BROKERAGE: BAKER REAL ESTATE INCORPORATED. BROKERS PROTECTED. PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. ILLUSTRATION IS ARTIST’S CONCEPT. E.&O.E. * SEE SALES REPRESENTATIVE FOR FULL DETAILS.

117

Coming This Spring

It's A Main Street

BILD 2012 HOME BUILDER OF THE YEAR CHBA 2011 GRAND SAM AWARD WINNER

State Of Mind

In Downtown, Stouffville

Pace on Main is more than just an address, it’s life in the heart of

PAC E

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BOUTIQUE CONDOMINIUMS

Downtown Stouﬀville. It’s an intimate collection of just 67 residences nestled within a neighbourhood of heritage architecture and tree lined streets. Bistros beckon for casual suppers and fine dining is a stroll away. Day-to-day shopping mixes with one-of-a-kind boutiques. Nearby, ﬁtness and cultural activities

thrive at the Lebovic Centre and 19 On

GERANIUMHOMES.COM

The Park. And when downtown T

LLOYD ST

BLAKE ST

MAIN ST 9TH LINE

Pace on Main… Life At Your Own Pace

OBRIEN AVE

is steps away.

FREEL LN

Toronto beckons — GO Train access T

BURKHOLDER ST

#" - - " / 5 3 " & 4 50 6 ' ' 7 * - - & 1 0 35 ) 0 1 & 80 0 % 4 50 $ , Prices are correct at press time and are subject to change without notice. Sq.ft. measurements are approximate. E & O E.

CHINESE HOME & CONDO GUIDE 網上參閱 - Apr 19, 2014 三月八日至四月十九日 / Mar 8

各式電子工具都可瀏覧

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.

ChineseHomeGuide.com

Volume 3 Issue 2

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.

已推出

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

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居風水吉祥物 2014年房地產預測 • 常用家邁亞密色彩溫馨室內設計 •

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PM 3:58:52 PM 3/3/14 12:49:22 2/25/14

newcondoguide.com 120 NEW CONDO GUIDE MARCH 15 - 29, 2014

RICHMOND HILL’S MOST ANTICIPATED LUXURY CONDOMINIUMS

STARTING FROM

$295,000* Register for Tower C Today

Luxury Living AT AFFORDABLE PRICES

VISIT OUR 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. MARCH 15 - 29, 2014 NEW CONDO GUIDE 121

2014 SHOPPING GUIDE

2014 ISSUE NOW AVAILABLE!

sHoppIng Curating a selection of the GTA’s top home & decor shops and services

FREE

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shop TILL PANTONE® 19-3224 RADIANT ORCHID

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LOVE TO SHOP? Our 2014 shopping guide profiles some of the GTA’s top home and décor shops and services. 122 NEW CONDO GUIDE MARCH 15 - 29, 2014

LUXURIOUS PARKSIDE CONDOS ER D N U ION 1 E S RUCT ITS A H P NST UN 2 O 1 C AL FIN

ER 2 G W TO EILIN N UNV SOO

Unveiling soon where Woodbridge meets Brampton Castleridge Homes does it again! Following the spectacular success of Tower 1, The Clairington Tower 2 is unveiling soon. With a full roster of green features, including Geothermal technology, this newest addition will offer savings on utilities as well as a reduced environmental footprint. This is the ultimate in luxury condo living overlooking Clairville Conservation Area. REGISTER NOW for INSIDER ACCESS!

• 9’ & 10’ ceilings • Gourmet kitchens • Prestigious lobby design • Luxury amenities & more! FROM THE $200’S TO OVER $500,000 Prices and specifications are subject to change without notice. Rendering is artist concept. E. & O. E.

WOODBRIDGE

905-793-0002 SALES OFFICE HOURS: Mon. to Thurs. 1 pm to 7 pm, Sat. & Sun. 11 am to 5 pm

theclairington.com MARCH 15 - 29, 2014 NEW CONDO GUIDE 123

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* Due to scale restrictions, locators are approximate. Please see builderâ&#x20AC;&#x2122;s ads for exact locations.

Br ita nn

21 22 23 24 25 26

St E

20 th

25 th

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20

Builder

Site

3 CASTLERIDGE HOMES

Telephone

The Clairington

TH* C*

Price Range

Page

Finder

905-793-0002 •

from $200,000

123

16E

PINNACLE INTERNATIONAL

The Marquee Townhomes on the Park pinnacleuptown.com •

from $720,000

20K

GREAT GULF HOMES

HOT

905-828-4257 •

from $225,000

16M

30 PINNACLE INTERNATIONAL

Pinnacle Grand Park 2

905-276-3981 •

from $350,000

20L

34 PINNACLE INTERNATIONAL

Pinnacle Uptown, Crystal 2

905-568-9000 •

from $255,000

19K

45 EMPIRE COMMUNITIES

Rain Condominiums

905-845-7246 •

from $200,000

17Q

GREAT GULF HOMES

Twenty Lombard

416-499-8883 •

from $492,000 16K

GREAT GULF HOMES

Corporate

greatgulf.com • 16K

CONSERVATORY GROUP

Mirage

905-232-2400 •

AMACON

PSV2

905-273-9333 • 18M

FERNBROOK HOMES

Absolute World

416-869-6057

CITYZEN

Absolute World

416-869-6057 from $188,000 21K

10 AMACON

The Residences at Parkside Village

905-273-9333 •

from $250,000 21K

12 ALTERRA HOMES

Renaissance in Olde Brampton

416-710-1010 •

from $295,000 13D

14 PEMBERTON GROUP

Rosedale Village Golf & Country Club

905-799-5000

16 VANDYK COMMUNITIES

Windows on the Green

905-822-3333 from $300,000 17M

17 PEMBERTON GROUP

Downtown Erin Mills Condominiums

905-630-6300 •

from $320,000 6C

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

•

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

from $270,000 20K

from $188,000 21K

from $346,000 12E

1-866-611-5525 •

from $264,000 7Q

Park Place

905-451-7001 •

from $310,000 14G

32 ARMOUR HEIGHTS DEVELOPMENTS

River’s Edge

905-533-2400 •

from $285,000 14A

35 ASHLEY OAKS GROUP

Emporium at Joshua Creek

905-618-0660

•

from $200,000 17P

38 TRIDEL CORPORATION

Metrogate - Ventus 2

416-293-5535

•

from $302,000 19J

38 TRIDEL CORPORATION

Ventus at Metrogate

416-293-5535

•

from $344,000 19J

46 MATTAMY HOMES

The Mount Pleasant Village

mattamyhomes.com •

from $200,000 20M

47 THE DANIELS CORPORATION

Daniels Erin Mills

905-306-6996 •

from $200,000 17M

*TH: Townhomes, C: Condo

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

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

125

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20

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

East

H w y.27

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Site

Telephone

TH* C*

Town of Markham 7 407

11 Concess ion R

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7 14

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404

16 Ave Carlton Rd

Ave

M cCow an Rd

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404

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A ve

Elgin M ills Rd

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Leslie St

rn Strathea

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Builder

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Bayview Ave

Clark Ave W

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Centre St

24 1 13

Thornhill

Yonge St

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400

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400

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Tow n of Ajax

City of Pickering

Yonge St

King Rd

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Tow n of W hitby

Bloom ington Sideroad

21 22 23 24 25 26

Markham

D enison St

Price Range

Page

Finder

13 LIBERTY DEVELOPMENT CORP.

Legacy Park

905-731-8302 •

from $303,000

10G

31 PEMBERTON GROUP

Sky City

905-709-5700 •

from $320,000

12F

31 PEMBERTON GROUP

Sky City 2

905-709-5700 •

from $320,000

12F

32 LIBERTY DEVELOPMENT CORP.

Royal Gardens

905-889-9997 •

from $240,000

14F

43 GUIZZETTI DEVELOPMENTS

Grand Palace

905-907-4370 •

from $295,000

121

12E

44 LIBERTY DEVELOPMENT CORP.

Centro Square Condos 2

905-851-8877 • 36

46 EMPIRE COMMUNITIES

The Mark

905-554-5015 •

21E

from $250,000

MONARCH CORPORATION

Garden Court

416-495-3595 • 16D

FLATO DEVELOPMENT

Arthouse

905-554-8722 from $200,000 22E

TRIDEL CORPORATION

Renaissance of Richmond Hill

416-736-9500 •

from $740,000 12G

MINTOURBAN COMMUNITIES INC.

WaterGarden

416-915-3800 •

from $254,000 11G

10 GREAT LANDS CORP.

The Beverly Hills Resort Residences

905-882-6636

11 TRIAXIS DEVELOPMENT INC/MARINO DEVELOPMENTS

Courtyards of Maple

416-798-7070 •

from $390,000 8E

12 GREENPARK HOMES

UV2

905-554-6501 •

from $253,000 22F

13 LIBERTY DEVELOPMENT CORP.

Legacy Park

905-731-8302 •

from $280,000 10G

14 REMINGTON GROUP

The Signature Condominium

905-948-9900 •

from $300,000 18F

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 $505,000 3G

22 WYCLIFFE HOMES

Fairground Lofts

905-605-5900 •

from $340,000 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 $200,000 22C

31 PEMBERTON GROUP

Miracle at Yonge

905-709-5700 •

from $280,000 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

40 NOVA TRIMAX

Allegra

905-850-6866 •

from $250,000 1F

Vista Parc Condominiums

905-850-8883 •

from $260,000 3F

The 6th Angus Glen

905-887-9950 • 19E

41 QUADCAM DEVELOPMENT GROUP INC 45 KYLEMORE COMMUNITIES *TH: Townhomes, C: Condo

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

•

from $250,000 13F

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

VIEW OUR MAGAZINES ON ANY

DIGITAL DEVICE anytime, anywhere! Now you can view all New Condo Guide magazines online using any smartphone, tablet or desktop device. Published by

NEWCONDOGUIDE.COM

HOT DATES

MARCH 2014

Calendar of events taking place from March 15 – 29

HIGHLIGHTS

MAR 14 – 23

National Home Show & Canada Blooms MAR 17 – 21

World Mastercard Fashion Week

Mar. 14 – 23

Mar. 17 – 21

National Home Show & Canada Blooms

World Mastercard Fashion Week

DIRECT ENERGY CENTRE EXHIBITION PLACE This annual event heralds the imminent arrival of spring! Enjoy 2-for-1 admission to the National Home Show and Canada Blooms, where more than 750 exhibitors showcase the latest and greatest for your home and garden. nationalhomeshow.com

DAVID PECAUT SQUARE Toronto’s fashion world is buzzing with excitement at the approach of this highly anticipated annual event. Established and emerging designers take the stage to debut their newest Fall 2014 collections, while the city takes it all in with a calendar of social activities where runway meets retail. worldmastercardfashionweek.com

Mar. 20 – 22

Mar. 26 – 30

Canadian Film Fest

One Of A Kind Spring Show & Sale

MAR 20 – 22

Canadian Film Fest MAR 26 – 30

One Of A Kind Spring Show & Sale

THE ROYAL THEATRE 608 COLLEGE ST. Celebrate Canadian cinema by taking in a few – or all – of these short films, features and workshops from Canadian filmmakers and artists. This year’s festival includes Toronto and Canadian premieres, with six feature films and 14 shorts. Visit online for additional information and to purchase tickets. canfilmfest.ca

128 NEW CONDO GUIDE MARCH 15 - 29, 2014

DIRECT ENERGY CENTRE EXHIBITION PLACE The One of a Kind Show began in December 1975 and attracts upwards of 200,000 visitors annually, and with good reason! Canada’s largest arts and crafts show and sale features works from more than 800 artisans and designers. This is the place to find that unique gift for someone special, or a little something just for you! Shop, browse, get inspired. oneofakindshow.com

HOMEBUYERS’ HELP

condo buyers’

resource section

YOU LOVE THE CONDO, SEE WHAT YOU CAN AFFORD! Compare mortgage rates for your best deal Calculate your mortgage payments using the mortgage payment calculation chart

MARCH 15 - 29, 2014 NEW CONDO GUIDE 129

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.

130 NEW CONDO GUIDE MARCH 15 - 29, 2014

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 MARCH 15 - 29, 2014 NEW CONDO GUIDE 131

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HOMEBUYERS’ HELP

Compare mortgage rates for your best deal CHARTERED BANKS

Variable

6 Months

1 Year

2 years

3 years

4 years

5 years

ATB Financial 2.7

4 6.30op

2.94 6.30op

2.89 2.99 3.39 6.50op

3.49

Alterna Svgs/Alterna Bk 3

4 6.30op

3.09 3.14 3.19 3.35 6.30op

3.45

Bank of Montreal 3

4 6.30op

3.14 3.04 3.85 4.64 6.30op

3.49

Bank of Nova Scotia 2.6

4.55 6.45op

3.75 2.79 3.99 4.39 6.50op

3.39

Canadian Western Bank

4 6.45op

3.14 3.14 3.85 4.64 6.30op

5.24

CFF Bank

3.69

3.79

3.39

CIBC 3 6.70op

3.09 2.79 2.99 3.39 6.35op

3.49

HSBC Bank Canada 2.65

2.7 3.95 2.93 4.99 6.35op

3.49

3.05

3.15

3.65

3.64

3.69

3.89

3.19

3.24

3.49

3.69

3.99

ICICI Bank Canada ING Direct

4.45 6.20op

3.75

3.79

Manulife Bank 2.7 4.45

3 3.05 3.1 3.3 4.00op

3.34

National Bank

4.4

3.14

3.49

6.70op

n/a

President’s Choice Financial

3.14 3.24

3.75 3.59

4.64 3.69

4.09

Royal Bank 3 6.30op

3.14 3.04 3.75 4.64 6.30op

5.14

TD Canada Trust 3

3.09 2.79 3.75 2.97 6.30op

3.49

Airline Financial C.U. 4

3.01 3.1 3.33 3.65 6.25op

3.99

Luminus Financial 2.55

3.2 6.3

2.7

2.9

3.3

3.4

3.25

3.95

4.74

TRUST COMPANIES 6.5

3.14

Effort Trust n/a

Community Trust

n/a

4.45 6.30op

3.25 3.6 3.7 4.6 6.30op

4.95

Home Trust Company

2.5

2.89

3.95

2.89

3.39

3.19

Investors Group Trust n/a

4.2 6.50op

3.14 3.14 3.75 4.64 6.30op

4.99

MTCC 2.6

4.55 6.45op

3.75 6.50op

4.39

3.39

Comtech Credit Union 2.95

6.2 6.40op

2.99 3.25 3.29 3.24 6.30op

3.59

First National Fin. LP

3.95

2.99

2.97

3.29

FirstOntario C.U. 2.7 6.34op

3.09 3.14 3.29 3.34 6.34op

3.29

London Life n/a

3.14 3.14 3.95 4.74 6.30op

5.34

MCAP 2.6

3.6 3.95 4.35 4.89 7.00op

5.14

Meridian Credit Union 2.6 4

3.09 3.14 3.65 4.39 6.30op

2.99

Parama Credit Union

2.85

3.05

3.1

3.25

3.4

3.6

Steinbach Credit Union

2.5

2.7

3.1

3.25

3.45

2.79

3.09

5.24

3.99

OTHER FINANCIAL INSTITUTIONS

4.2 6.50op

2.59

2.79

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 MAR. 10, 2014. Prepared By Fiscal Agents Financial Information Services 905.844.7700

MARCH 15 - 29, 2014 NEW CONDO GUIDE 133

INDEX OF ADVERTISERS 45 Charles Ltd. - Chaz Yorkville Condos

Liberty Development Corp. - Terrace on Danforth

Aspen Ridge Homes - Studio on Richmond

Liberty Development Corp. - World on Yonge

Lifetime Developments - The Bond Condominiums

Lifetime Developments - The Code

Baywood Homes - TEN93 Queen West

Bazis Inc. - E Condos

Bazis Inc. - One Yorkville

Lindvest - The Brownstones at Westown

Brandy Lane Homes - The Station

Camrost - Felcorp - Imperial Plaza

Malibu Investments Inc. - Smart House

Camrost - Felcorp - The Cumberland

Menkes Developments Inc. - 87 Peter

Insert Insert

Luxury Condos - Promo

107 57

Canpages - Promo

135

Menkes Developments Inc. - Corporate

Castleridge Homes - The Clairington

123

Menkes Developments Inc. - In the news

Chinese Home & Condo Guide - Promo

120

Metropia - E Condos

City Core - Harmony Village Sheppard

Concord Adex - FWD Condominiums

42-43

Cresford Development Corp. - 1000 Bay

IBC

Cresford Development Corp. - CASA 2

IBC

Cresford Development Corp. - CASA III

IBC

Cresford Development Corp. - Lofts 399

IBC

Cresford Development Corp. - Merton Yonge Condominiums 136 & IBC Cresford Development Corp. - NXT

IBC

DHD Developments - Gooderham

101

Digital Device - Promo

127

Dundee Kilmer Developments - Canary District Condominiums

Eastonâ&#x20AC;&#x2122;s Group - Dundas Square Gardens

Eden Shaw - Chaz Yorkville Condos

Edilcan Development Corp. - Triumph at Valhalla

Empire Communities - Rain Condominiums

Empire Communities - The HUB

Empire Communities - The Mark

Empire Communities - Water Tower at Eau Du Soleil

Family of magazines - Promo

132

Fernbrook Homes/Cityzen Dev. - Garrison Point

Fieldgate Homes - 90 Niagara

Fram Building Group - SOUL

105

Geranium Homes - Pace on Main

118-119

Great Gulf Homes - Charlie

Great Gulf Homes - HOT

Monarch Corporation - Corporate

Insert

Monarch Corporation - Riva del Lago

Insert

Monarch Corporation - The Epicurean

Neudorfer Corporation - Fuse Condos

One of a Kind Spring Show - Mar. 26-30

Orchard Point Corporation - Orchard Point Harbour

Pemberton Group - Sky City

Pemberton Group - Sky City 2

Pemberton Group - TEN93 Queen West

Pinnacle International - 33 Bay Residences at Pinnacle Centre

Pinnacle International - Pinnacle Grand Park 2

Pinnacle International - Pinnacle Uptown, Crystal 2

Pinnacle International - The Marquee Townhomes on the Park

Pinnacle International - The Pinnacle on Adelaide

Plaza Premium Lounge - Promo

Queenscorp Residences - Watermark

Rio Can - E Condos

Rockport Group - The Nest Shopping Guide - Promo T.D. Bank - Corporate TAS DesignBuild - Duke Condos

67 122 87 62-63

The Daniels Corporation - Cinema Tower Condominiums

The Daniels Corporation - NY2

The Daniels Corporation - One Park Place South Tower

Great Gulf Homes - Monde

The Daniels Corporation - The Parkside Collection

Great Gulf Homes - One Bloor Residences

Tribute Communities - The College

Great Gulf Homes - One Sherway Condominiums

Tridel Corporation - 101 Erskine

Great Gulf Homes - X2

Tridel Corporation - Corporate

Great Gulf Homes - Yonge+Richmond

Tridel Corporation - Spadina Queen

IFC IFC IFC

Insert 47 IFC IFC & BC

Guizzetti Developments - Grand Palace

121

Tridel Corporation - Trio at Atria

Lamb Development Corp. - The Harlowe

Tridel Corporation - West Village

Lanterra Developments - The Britt

Urban Capital - RC3

Liberty Development Corp. - Centro Square Condos 2

Urban Capital - Smart House

Liberty Development Corp. - Legacy Park

Worsley Urban Partners - Totem Condominium

Liberty Development Corp. - Royal Gardens

Your First Home & Condo - Promo

134 NEW CONDO GUIDE MARCH 15 - 29, 2014

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.

MARCH 15 - 29, 2014 NEW CONDO GUIDE 135

view

M ERTO N YO NGE TOWNHOM E S

ACTUAL SOUTH VIEW

LIVE. HERE. NOW.

STYLISH CONDOMINIUMS & TOWNHOMES AT 1815 YONGE STREET. FINISHED WITH EXCEPTIONAL UPGRADES.

CALL FOR YOUR PRIVATE APPOINTMENT TODAY. PRESENTATION CENTRE LOCATED AT 170 MERTON STREET.

Penthouses from the $800’s - New Release Townhomes from the mid $500’s Tower Suites from the mid $300’s 416.484.1900 myccondo.com

YONGE

➤

Midtown living at its very best! MYC is located at Yonge & Merton, just steps to the subway, parks, trails and trendy Yonge Street boutiques and cafes. It’s your life, your style, your way.

EGLINTON

DAVISVILLE TTC SUBWAY

PRESENTATION CENTRE MERTON

SITE ST. CLAIR

ROSEDALE BLOOR

EXPLORE

IN 4D

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

136 NEW CONDO GUIDE MARCH 15 - 29, 2014

CRESFORD. LOCATION. DESIGN. DETAIL. INSPIRATION. FASHION. STYLE. TRUST. FROM COVETED LOCATIONS TO FASHION-FORWARD DESIGN TO SOPHISTICATED AMENITIES, CRESFORD DEVELOPMENTS DEFINES THE ESSENCE OF LUXURY CONDOMINIUM LIVING. THE FIRST RESIDENTIAL DEVELOPER IN CANADA TO DRESS UP

Coming Soon Yorkville From the mid $200’s 416.486.CASA (2272)

Under Construction Yorkville From the high $200’s Penthouses Coming Soon 416.486.CASA (2272)

1THOUSAND BAY CONDOMINIUMS ON THE PARK

Under Construction Bay & Bloor From the high $300’s 416.485.3000

Move in Now Yonge & Merton Urban Townhomes From the mid $500’s Tower Suites From the mid $300’s 416.484.1900

THEIR CONDOMINIUMS WITH INTERNATIONAL FASHION LABELS, CRESFORD IS KNOWN FOR SUPERB QUALITY AND ATTENTION TO DETAIL. A TRUSTED NAME IN THE MARKET FOR OVER 30 YEARS, A CRESFORD CONDO INSPIRES CONFIDENCE AND SECURITY.

VISIT OUR PRESENTATION CENTRE AT 170 MERTON ST.

Move in Now Windermere by the Lake From the mid $300’s 416.977.5300

cresford.com

EXPLORE

IN 4D

Live-AdZ

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

Move in Now King West From the high $500’s 416.867.3999

SHOWCASE

C O L L E C T I O N

aN urBaN OasIs at YONGe & eGlINtON.

the Next Great Phase OF atrIa IN NOrth YOrk.

Maximize your living space with a smartly designed suite. Open-concept living and dining rooms with modern styling flow into designer kitchens featuring built-in appliances. 101 Erskine is conveniently located mere steps from prestigious shopping, dining and entertainment.

Located within the master planned Atria community, TRIO is the most desirable new place to live in North York. Close to Fairview Mall and the proposed Sheppard Avenue East LRT**. An exquisite residence adjoining a lush park.

GraNd OPeNING

suites from $286,000*

suites from $255,000*

signature and Penthouse Collection suites also available from $854,000* Nine signature townhomes available from $895,000* PreseNtatION CeNtre: 2611 Yonge Street, Toronto (at Sheldrake Blvd.)

PreseNtatION CeNtre: 2255 Sheppard Ave. E., Unit 120, North York (at Settlers Rd.)

A Tridel Built Green. Built for Life.® community. *Price and specifications are subject to change without notice. Illustrations are artist’s concept only. **Source: The City of Toronto Official Plan and the Agincourt Secondary Plan, a future bus and subway terminal or other transit related uses are proposed for this location. Building and view not to scale. Tridel ®, Tridel Built for Life ®, Tridel Built Green. Built for Life.® are registered trademarks of Tridel and used under license. ©Tridel 2014. All rights reserved. E.&O.E. March 2014.

ONe OF dOwNtOwN tOrONtO’s mOst dramatIC New CONdOs.

etOBICOke’s New VIllaGe. mOVe IN NOw.

Discover a modern, geometric design that steps away from the typical condo aesthetic in the epicentre of downtown Toronto. SQ is where people in the know want to live. Inventive, imaginative and inspiring.

West Village is ready to welcome you. A vibrant urban community close to great shopping, dining and entertainment, plus nature trails. From West Village you can get anywhere with ease: near major highways, TTC and the airport.

GraNd OPeNING

mOVe IN NOw

suites from the mid $300,000’s*

suites from $290,000*

PreseNtatION CeNtre: 519 Queen Street West, Toronto (Queen Street W. & Spadina Ave.)

PreseNtatION CeNtre: 6 Eva Road, Etobicoke (north of Bloor Street W., off The West Mall)

Facebook.com/Tridel

Twitter.com/Tridel

tridel.com

Tridel communities across the GTA

Relax. It’s a Tridel.

NOrth YOrk trIO at atrIa Now Selling 416-645-8866 Sheppard, east of 404 altO & ParksIde at atrIa Under Construction 416-645-8866 Sheppard, east of 404 arGeNtO Under Construction 416-663-1818 Don Mills & York Mills arIstO Under Construction 416-730-0300 Yonge & 401 hullmark COrPOrate CeNtre Under Construction 416-733-2883 Yonge & Sheppard tOrONtO sQ at alexaNdra Park Grand Opening 416-661-1949 Spadina & Queen aQualINa at BaYsIde Now Selling 416-514-2710 Queens Quay East on Lake Ontario 101 erskINe Now Selling 416-480-0700 Yonge & Eglinton 300 FrONt Move In Today 416-217-0300 Front & John BlYthwOOd at huNtINGtON Under Construction 416-485-1900 Bayview & Lawrence teN YOrk Now Selling 416-596-9888 York & Harbour twO Old mIll Under Construction 416-645-7022 Bloor West Village ONe Old mIll Under Construction 416-645-7022 Bloor West Village sCarBOrOuGh VeNtus at metrOGate Move In Today 416-293-5535 Kennedy & 401 aVaNI at metrOGate Now Selling 416-293-5535 Kennedy & 401 etOBICOke

Throughout the entire home buying process, we’re determined to create a positive experience for you. In fact, our commitment to your satisfaction starts long before you are even our customer. It starts from the moment you step into a Tridel Presentation Centre and continues long after you’ve settled into your new home. Maintaining the highest standard of customer care from start to finish is why we continue to lead the industry in customer satisfaction ratings and awards. For a builder that focuses on what’s important to you, look to Tridel.

Tridel®, Tridel Built for Life® are registered trademarks of Tridel and used under license. ©Tridel 2014. All rights reserved. E.&O.E. March 2014. *Price and specifications subject to change without notice.

west VIllaGe Move In Today 416-620-1887 Etobicoke Civic Centre rIChmONd hIll reNaIssaNCe Move In Today 416-736-9500 Yonge & Major Mackenzie

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