GTA New Condo Guide - Apr 15, 2017

APR 15 - 29, 2017 VOLUME 21, ISSUE 8, FREE

GTA EDITION

INSIDE THIS ISSUE

THENOTE RISE OF THAT HIGH-DENSITY THIS CALLOUT IS CONDO INVESTORS, AND THAT TAKE THE BAR IS ALWAYS HIT SHIFT F7 AND DISTRIBUTE TIPS FOR TRANSITIONING LOWRISE ALWAYS LIVING YPNH GREY IN COLOUR THE ROADWHITE MOST TRAVELLED ON BOTTOM OF PAGE SPACING ATSPACE 0.2074 INCHES INTO A SMALL LIVING

Editor’s Note

Important questions and answers

LYDIA MCNUTT Senior Editor Yellow Pages NextHome Email: Lydia.McNutt@YPNextHome.ca Twitter: @LydiasTweets

Is it a buyer’s or seller’s market? Will prices continue to rise, how much, and for how long? What will happen to mortgage interest rates? Should you buy now, or wait until the GTA’s feverish frenzy blows over?

If you’re in the market for a new home, these questions are likely keeping you up at night as you try to answer one over-arching quandary – is now a good time to buy a home?

While it’s a good idea to pay attention to the headlines and all the accompanying advice – professional and otherwise – take it with a grain of salt. Nobody can predict with certainty what will happen in the real estate market. And while the picture may look a certain way from a national, provincial or city-wide perspective, what happens from one street to the next, from one price range to the next, and in your specific circumstances can differ dramatically.

So, back to the million-dollar question: is now a good time to buy? Only you have the answer. Take an honest look at your financial situation. Review your assets and debts, including mortgage (current and expected payments on your new place), car loans, lines of credit, student loans and other bills. Are you secure in your job? Are you planning to grow your family? Only you know when the time is right.

Buying a home is a big decision and a huge commitment. The first step is figuring out your reality and where your comfort level lies. With a little forethought, you’ll be better equipped to make the right decision.

CORKTOWN

READ MORE ONLINE This former working class neighbourhood where Irish immigrants settled more than a century ago, is one of the last in the city to be transformed into a community on the move. With a prestigious location at the foot of the escarpment, it’s taken a while to draw newcomers, but now it’s as indemand as any other hot spot. Read the full story… nexthome.yp.ca/Corktown

+ get social 2 YPNEXTHOME.CA

Interact with us on social media: ypnexthome

Make the most of every minute.

PINNACLE ETOBICOKE is located at the heart of the New City Centre. Close to the Kipling Hub, GO station and major highways, this magnificent master-planned community offers an exciting collection of condominium homes designed just for you. With easy access to everything you love about the city – living, working and playing are possible in a location that has it all. Make the most of every minute at Pinnacle Etobicoke.

ONSITE SALES CENTRE OPENING SOON! 5475 Dundas Street West

(Between Hwy 427 and Kipling) Condominiums from the mid $300s

REGISTER TODAY! PinnacleEtobicoke.ca

PinnacleInternational.ca | 416.596.1600

V TORONTO . MISSISSAUGA . VANCOUVER .

Brokers Protected. Prices and specifications are subject to change without notice. E.&O.E.

APRIL 15 - 29, 2017 | NEW CONDO GUIDE 3

Contributors

BILD REPORT

BRYAN TUCKEY 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).

VICE PRESIDENT & CHIEF PUBLISHING OFFICER

Caroline Andrews PUBLISHER & GENERAL MANAGER

Shawn Woodford DIRECTOR OF SALES

Moe Lalani

LEGALLY SPEAKING

JAYSON SCHWARZ 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.

ASSOCIATE PUBLISHER

Anne-Marie Breen SENIOR MANAGER, CONTENT

Jennifer Reynolds SENIOR EDITOR

Lydia McNutt ART DIRECTOR

Daiana Garay

CONDO PRO

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

CONTRIBUTING EDITORS

Sonia Bell Wayne Karl Elisa Krovblit DESIGN EDITOR

Yanic Simard

SENIOR ACCOUNT EXECUTIVES

STAT CHAT

BEN MYERS Ben Myers is senior vice-president of market research and analytics at Fortress Real Developments. Follow his blog posts and commentary on the Canadian housing market at fortressrealdevelopments.com/news or follow him on Twitter at @BenMyers29.

Dionne Fraser dionne.fraser@ypnexthome.ca Nina Downs nina.downs@ypnexthome.ca

SALES & MARKETING CO-ORDINATOR

Terry Bassett

PRODUCTION MANAGER

Helen Pearce

INSIDER INSIGHT

DEBBIE COSIC Debbie Cosic is CEO and founder of In2ition Realty. She has overseen the sale of more than $15 billion worth of real estate. With Debbie at its helm, In2ition has become one of the fastest-growing and most innovative new home and condo sales companies. in2ition.ca

DESIGNER ADVICE

YANIC SIMARD Celebrity Designer Yanic Simard is New Condo Guide’s design editor, principal designer of award-winning, boutique firm Toronto Interior Design Group (tidg.ca), and regular design expert on City’s Cityline. @yanicsimard

PRODUCTION CO-ORDINATOR

Sandra Hanak-Vujnovic GRAPHIC DESIGNER

Miguel Cea

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

ADVERTISING Call 416.626.4200 for advertising rates

and information.

CIRCULATION Highly targeted, free distribution

system aimed at real estate buyers using street level boxes and racking, plus door-to-door insertions in key audience segments.

more online We have even more content online! Read more stories from our team of contributors at ypnexthome.ca, including stories by:

MORTGAGE ADVICE

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

4 YPNEXTHOME.CA

COPYRIGHT 2017 All rights reserved by Yellow

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

TERMS Advertisers, editorial content and New Condo Guide are not responsible for typographical errors, mistakes or misprints. All prices are correct as of press time and are subject to change without notice.

E. & O. E. EDITORIAL Submissions from interested parties will be

considered. Email your ideas to the editor at lydia.mcnutt@ypnexthome.ca. The views and data expressed by columnists do not necessarily represent those of the publication.

TORONTO

HOLLAND LANDING

BRAMPTON

MILTON

OAKVILLE

TORONTO

BRADFORD

APRIL 15 - 29, 2017 | NEW CONDO GUIDE 5

A community with presence.

E ssentially Erin Mills.

There is nothing more essential than creating the feeling of home, and doing so on our own terms. Part of a master-planned condo community in Mississauga, Mills Square will rise to the occasion, crafting a visually-stunning façade.

Steps from vibrant Erin Mills Town Centre and minutes from an array of urban amenities, discover the next name in downtown Erin Mills living.

Condos coming soon to Mississauga.

R egister at pembertongroup.com Brokers Protected. Exclusive listing brokerage, Circle M Realty Corporation, Realtor. Illustration is artist’s concept. Prices, sizes and specifications subject to change without notice. E.&O.E.

6 YPNEXTHOME.CA

APRIL 15 - 29, 2017 | NEW CONDO GUIDE 7

What’s Online

Trending now The latest real estate news from across Canada

Renovate or relocate?

The quest for energy-efficient homes continues

READ THE STORY ONLINE nexthome.yp.ca/renovate-or-relocate

READ THE STORY ONLINE nexthome.yp.ca/energy-efficient-homes

Put some spring into your home READ THE STORY ONLINE nexthome.yp.ca/spring-decor

How one developer finds his next ‘hot spot’

Want more great articles like these delivered directly to your inbox?

SIGN UP FOR OUR NEWSLETTER

READ THE STORY ONLINE nexthome.yp.ca/choosing-location

nexthome.yp.ca/newsletter

Twitter @ypnexthome

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Pinterest ypnexthome

Visit our website: 8 YPNEXTHOME.CA

WA

COMING THIS SPRING A NEW LEADING LIGHT AT TORONTO’S WATERFRONT

THE NEWEST OPPORTUNITY TO LIVE AT DANIELS WATERFRONT The evolution of art, culture, and life on Toronto’s waterfront. Hot off the heels of the Lighthouse West Tower, Daniels welcomes Lighthouse East Tower at Daniels Waterfront – City of the Arts – an iconic, waterfront address, steps from Lake Ontario, Sugar Beach, gorgeous parklands, trails, dining, shopping, entertainment, and more. Experience life connected to the lake, the city, and the arts at Lighthouse East Tower.

Suites from the $300s REGISTER TODAY!

LIGHTHOUSEEASTTOWER.COM | 416.221.3939 Exclusive Listing: CityLife Realty Ltd. Brokerage. Brokers Protected. Illustration is artist’s concept. Specifications and prices 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. Actual view may not be exactly as shown.

APRIL 15 - 29, 2017 | NEW CONDO GUIDE 9

WATB 51149 Condo Guide FP Ad_Mar 18 FA.indd 1

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contents APRIL 15 – 29, 2017 | VOLUME 21, ISSUE 8

20 ON THE COVER

Lighthouse East Tower: Coming this spring to Daniels Waterfront – City of the Arts! property profiles

HOME SEARCH

MORE +PHOTOS +VIDEOS +ADVICE +INSPIRATION +TRENDING

WITH

DYNAMIC MAPS

10 YPNEXTHOME.CA

Investors, take the road most travelled

40 Affinity Condos

+ online NEIGHBOURHOOD

30 Investor advice

LOOK FOR THE CIRCLE

From here to Zen in two minutes flat

by Yan Gurevich

34 Small spaces

Tips for transitioning into a small living space

trending

18

Housing market

Demand in the GTA continues to outpace supply

22 Building industry

Ontario to change new home builder regulatory process

by Marie Potter

38

Housing starts

Housing starts hit highest level since 2007

40 46 Affordability

Housing affordability trends in Toronto and Vancouver diverge: RBC Economics

50 Special feature

Causes of, and workarounds for, Toronto’s housing crisis

24 Fundamentally speaking

Six financial home-buying hacks

The inevitable rise of high-density lowrise living

28 Insider insight

Government plans and rebates to help reach your home-ownership goals

32

by Lydia McNutt

56 Lash Group

Grand opening at ME2

64 Top list

Weekend bike adventures in Toronto this spring

by Nicole Gottselig

advice

12

BILD report

Recognizing excellence at annual renovation awards

by Brian Tuckey

16

Stat chat

GTA new condo prices spike as inventory plummets

by Ben Myers

66 Hot properties 905

Previews, new releases and grand openings in the 905

by Wayne Karl

by Lydia McNutt

54 Urban planning

buyers’ resource section

Hot properties 416

Previews, new releases and grand openings in the 416

by Debbie Cosic

in every issue

Legally speaking

02 Editors’ note

What is a “mortgage cap”?

by Jayson Schwarz

33

67

Condo pro

Condos: eco friendly by design

04 Contributors 08 What’s online 48 Neighbourhood profile Corktown

by Barbara Lawlor

58 Condo sense

Ten golden rules of elevator etiquette

by Jane Herman

inspiration

42 Entertaining Brunching

by Joanne Keenan

78

Advertiser index

district maps

68 Toronto and Waterfront 74 905 region

by Elisa Krovblit

60 Designer advice Hit the floor

by Yanic Simard

APRIL 15 - 29, 2017 | NEW CONDO GUIDE 11

Advice | BILD REPORT

Recognizing excellence at annual renovation awards

By Bryan Tuckey

MORE ADVICE ONLINE ypnexthome.ca/news/advice

WITH RISING GTA real estate prices

making it harder for people to move up, more and more homeowners are opting to renovate and get more out of their existing homes.

The key to a successful renovation is planning and working with a professional. To turn your dream into reality, start your renovation with a good plan and find a professional renovator to work with.

BILD’s RenoMark program and the renomark.ca online database can help you find the right professional for your project. We created the program in 2001 to enable consumers to easily identify professional renovators, trade contractors and custom home builders who are committed to high standards. All RenoMark members follow a renovation-specific Code of Conduct which includes things like providing a written contract; offering a minimum $2 million in liability insurance; providing a two-year warranty on all work; and having all applicable licenses and certificates.

We recently recognized excellence among our professional RenoMark renovation members at our annual Renovation and Custom Home Awards. Members were nominated by a team of industry professionals and the Renovator of the Year Award was also presented based on survey results from clients.

Men at Work Design Build Ltd. walked away with three awards including the Renovator of the Year, which recognizes the renovator who sets the standard for the rest 12 YPNEXTHOME.CA

of the sector, the Best Renovation $300,000 to $500,000 Award, and the Best Home Renovation $75,000 to $150,000 Award.

Binns Kitchen + Bath Design received the Best Renovation Under $75,000 while Super 7 Group was awarded Best Renovation $150,000 to $300,000 Award.

The Best Renovation $500,000 or More Award was shared by Lewitt Construction Inc. and TIPEQ Inc. Keystone Ridge Developments won the award for Best Condominium Renovation and Chatsworth Fines Homes was presented with the Best Custom Home Award.

We also handed out some special BILD member honours to three of our RenoMark members during this year’s renovation awards event.

Jim Cunningham of Eurodale Developments was named BILD Member of the Year. An association member for more than a decade, every year Cunningham demonstrates excellence in all areas of home renovation. He has been the

recipient of our Renovator of the Year award three times since 2010.

Lou Frustaglio of Dreambuilders Inc. and Frank Cohn of Cohn Construction were inducted into BILD’s Hall of Fame.

An association member since 1987, Frustaglio has seen many changes and he has worked hard to raise the standard in quality and professionalism of the residential renovation industry.

Cohn has received the Renovator of the Year award three times over the past 25 years. You may recognize his name because he also hosts the “Home Improvement Show” on Newstalk 1010, sharing his extensive knowledge of home renovations and repairs.

Bryan Tuckey is president and CEO of the Building Industry and Land Development Association (BILD) and a land-use planner who has worked for municipal, regional and provincial governments. He can be found on Twitter (twitter.com/bildgta), Facebook (facebook.com/bildgta) and BILD’s official online blog (bildblogs.ca).

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2017-03-08

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APRIL 15 - 29, 2017 | NEW CONDO GUIDE 13

looking for a new home?

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Advice | STAT CHAT

GTA new condo prices spike as unsold inventory plummets View of condo buildings on Lake Shore Boulevard in Toronto

By Ben Myers

MORE ADVICE ONLINE ypnexthome.ca/news/advice

I FEW MONTHS AGO I predicted

that new condominium apartment prices in the GTA were about to take off. I made that forecast because movements in the resale condo market tend to occur before the newhome market. Investors (who tend to buy pre-construction units) take their cue from end-users (who tend to buy more resale units) and late last year resale condo prices started to take off, with average values rising by nearly 17 per cent by the end of the year. Resale condo prices are now up 33 per cent annually.

The February data released by Altus Group showed that the average new condominium price jumped by $15,000 in one month, or 3.1 per cent. The average unit offered by a developer is priced at just over $523,000, an increase of 15.2 per cent year-over-year. New condo sales were up 79 per cent annually in February, and unsold supply has plummeted over the past year, falling 47 per cent from approximately 19,500 units to just 10,300.

Long-term investors are betting on future increases in the condominium rental market in the GTA, believing it will go the way of New York or San Francisco. I sat on a panel discussion with developer Brad Lamb of Lamb Development Corp. and architect Peter Clewes of Architects Alliance at the April Fortress Real Developments professional development day, and we discussed the future of the 16 YPNEXTHOME.CA

highrise market in Toronto. Peter mentioned the fundamental shift away from ground-oriented housing to high-density living, especially skyscrapers in Toronto. He felt that families will soon take up residence in condo towers like they do in New York, because of both affordability and lifestyle reasons. Brad expects the share of young professionals that are renting in the GTA to increase drastically, similar to places like London and New York, as it becomes more difficult for prospective buyers to save for a down payment. The new mortgage insurance rules just made it more difficult for first-time buyers to get into the housing market.

On the panel I discussed some data I pulled from NUMBEO that showed the average one-bedroom unit in a “city centre” location in Toronto rents for $1,604 per month. The same unit goes for $3,866 a month in New York.

So, despite the fact that the average New Yorker makes 70 per cent more than the average Torontonian after tax, they pay 175 per cent more for the same rental unit. You want a onebedroom unit in San Francisco? That will cost to $4,419 per month.

Don’t be surprised if new condo prices continue to rise dramatically in 2017.

Looking for other GTA house price forecasts for 2017? Download the Spring 2017 Market Manuscript report by going to the news section at fortressrealdevelopments.com.

Fortress Real Developments partners with builders across Canada, and Ben assists in evaluating the market and projects that Fortress engages in.

Follow his blog posts and commentary on the Canadian housing market at fortressrealdevelopments.com/news or follow him on Twitter at @benmyers29.

The Urban Townhome Collection / Toronto

We call it Pemberton.

Mills Square / Mississauga

Time and Space / Toronto

YongeParc / Richmond Hill

Indigo Condominiums / Maple

The Urban Townhome Collection / Toronto

Illustrations are artist’s concept. E. & O. E.

Current Communities

Coming Soon

Everything a home should be.

The Pemberton difference isn’t simply in how we build. It’s in what you feel. The feeling you get when we’ve delivered exactly what we promised and everything you want.

A feeling that, while difficult to describe, feels overwhelmingly right. With decades of experience and a reputation for building truly exceptional condominiums in the Greater Toronto Area’s greatest communities, we invite you to experience the feeling yourself.

Learn more at pembertongroup.com

You call it impeccable finishes.

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Prices and specifi cations are subject to change without notice. Illustrations are artist concept E.&O.E.

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MCNAUGHTON RD

Model suite photo compliments of Pemberton Group | www.PembertonGroup.com

The Urban Townhome Collection, Toronto | The Devonshire Model Home | 2,798 sq. ft. + 449 sq. ft. Terrace

APRIL 2017

Pemberton Group has been featured as “Model Suite of the Month� as seen in the New Condo Guide model suite calendar

Trending

Demand in the GTA continues to outpace supply Average selling price up 33.2 per cent: TREB

HOME PRICES in the GTA continued

to climb last month, with the average selling price up 33.2 per cent yearover-year, according to the March figures from the Toronto Real Estate Board (TREB).

TREB reports 12,077 residential sales through the MLS System in March, up 17.7 per cent compared to the 10,260 sales reported in March 2016. Annual sales growth was strongest for condominium apartments and detached houses.

The number of new listings also increased on a year-over-year basis, at 17,051 – a 15.2-per-cent increase compared to March 2016. The strongest growth in new listings was experienced in the detached market segment. While new listings were up strongly compared to last year, the growth rate of new listings was still lower than the rate of sales, putting more pressure on prices.

18 YPNEXTHOME.CA

MORE TRENDING ONLINE ypnexthome.ca/news

“It has been encouraging to see that policymakers have not implemented any knee-jerk policies regarding the GTA housing market,” says TREB president Larry Cerqua. “Different levels of government are holding consultations with market stakeholders and TREB has participated and will continue to participate in these discussions. Policy makers must remember that it is the interplay between the demand for and supply of listings that influences price growth.”

Strong competition between buyers continued to cause high levels of price growth in all major market segments. The MLS Home Price Index (HPI) Composite Benchmark Price was up by 28.6 per cent year-over-year. For the TREB market area as a whole, the average selling price was up by 33.2 per cent, with similar annual rates of growth in the lowrise and condominium apartment segments.

“Annual rates of price growth continued to accelerate in March as growth in sales outstripped growth in listings. A substantial period of months in which listings growth is greater than sales growth will be required to bring the GTA housing market back into balance. As policy makers seek to achieve this balance, it is important that an evidence-based approach is followed,” says Jason Mercer, TREB’s director of market analysis.

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APRIL 15 - 29, 2017 | NEW CONDO GUIDE 19

Property Profile | LIGHTHOUSE EAST TOWER

cover story

Lighthouse East Tower coming this spring to Daniels Waterfront – City of the Arts!

HAVE YOU HEARD THE LATEST BUZZ IN TORONTO? The city’s East Bayfront

skyline is poised to take on an exciting new dimension this spring, when The Daniels Corporation introduces Lighthouse East Tower at Daniels Waterfront – City of the Arts! The East Tower follows hot on the heels of the highly successful and now sold out, Lighthouse West Tower. The demand is strong for more residential opportunities in this triumphant mixed-use, masterplanned neighbourhood where arts, culture and innovation cohabit in a waterfront setting.

Now under construction, Lighthouse East Tower will rise to 36 storeys at Lake Shore Boulevard East and Richardson Street, creating an iconic landmark, enhancing the community’s appeal in becoming the new gateway to the East Bayfront neighbourhood. Enjoy arts-inspired living in the midst of unique amenities, visionary styling and incredible conveniences, like The Yard.

“This unique pedestrian gateway will offer the opportunity to grab a coffee or meal with friends,” says Dominic Tompa, broker of record for City Life Realty, Daniels’ in-house sales team. “We know this amenity will be a popular destination. And Sugar Beach North will be the perfect spot for lounging 20 YPNEXTHOME.CA

in the shade or enjoying outdoor gatherings. Everyday life here will be amazing.”

Obviously, a lot of homebuyers, organizations, and businesses think so as well. Daniels Waterfront – City of the Arts is one of the city’s hottest destinations. The opportunity for people to live, work, play, create and learn in this location is phenomenal.

In the office tower at 130 Queens Quay East, Artscape, Colleges of Ontario, OCAD University, RBC and the newly announced George Brown College School of Design & Innovation Exchange will be calling this community “home.” Non-profit

organizations including The Remix Project and Manifesto will also relocate to the office towers, and The Daniels Corporation will move its headquarters here.

Talk about convenience! TTC access is right outside Lighthouse East Tower’s front door, and the array of local amenities that are steps away include Lake Ontario, Canada’s Sugar Beach, the Water’s Edge Promenade and Sherbourne Common. A short stroll will have residents at Loblaws, St. Lawrence Market, Union Station and Toronto’s Financial and Distillery Districts.

It’s minutes to the Entertainment District, and access to the Gardiner Expressway and the DVP is handy.

Lighthouse East Tower will feature outstanding indoor and outdoor amenities including attentive 24hour concierge in a gallery-inspired lobby; gardening plots; Zen garden; party room with catering kitchen and access to a barbecue terrace; social club including shuffleboard and a projector for hosting movie nights or watching hockey games with friends; a lounge with terrace access; two guest suites; and a fitness centre/yoga studio. The Xtreme Fitness facility will offer the opportunity to do away with club memberships elsewhere and get a more varied exercise experiencewith cardio, crossfit, weighttraining, stretching... this space has it all! Lighthouse East Tower will also share a tennis/basketball court with the West Tower.

The East Tower’s exterior will reflect its waterfront location, with wide expanses of glass punctuated by staggered balconies, mimicking lake waves. Suites will range from studios to two-bedroom-plusden designs, starting from the $300,000s. First occupancies are slated for fall 2019.

Daniels (danielshomes.ca) is one of Canada’s pre-eminent builders/ developers, building more than 27,000 new homes across the Greater Toronto Area for over 34 years. Daniels has been named Tarion Warranty Corporation’s

Ontario High Rise Builder of the Year; is a recipient of the Toronto Arts and Business Award from the Toronto Arts Foundation; and has partnered with Toronto Community Housing to revitalize Regent Park in Toronto’s Downtown East. Daniels offers programs that help people achieve home ownership, champions neighbourhood initiatives that enhance quality of life, and supports numerous charities and non-profit organizations.

To find out more about Lighthouse East Tower, register at danielswaterfront.com or call 416.221.3939.

Location

East Bayfront, Toronto Builder

The Daniels Corporation Development

Lighthouse East Tower at Daniels Waterfront – City of the Arts Home type

studios to two-bedroom-plusden suites Contact

416.221.3939 danielswaterfront.com

APRIL 15 - 29, 2017 | NEW CONDO GUIDE 21

Trending

Ontario to change new home builder regulatory processes

By Wayne Karl

WITH THE GOAL of increasing

consumer protection for owners of newly built homes, the Ontario government says it will take steps to change the new-home builder regulatory and warranty processes.

Citing concerns over potential conflict of interest, the Ontario Ministry of Government and Consumer Services says it will move forward with recommendations from a report by former associate chief justice John Douglas Cunningham, who examined the Ontario New Home Warranties Plan Act and Tarion Warranty Corp.

Cunningham completed a comprehensive review of the Act and Tarion in 2015, after meeting with more than 200 homeowners and industry professionals across Ontario.

Chief among the recommendations is that the province create a new standalone regulator for builders, while Tarion remain responsible for administering warranty claims made by homebuyers.

“Our government is committed to protecting what is for most people the largest investment they will make in their lifetime – the purchase of a newly built home,” says Tracy MacCharles, minister of government and consumer services.

“Our plan strengthens consumer protection and the consumer experience so people in Ontario can make this purchase with confidence.

We know that the affordability of housing is something that is top of mind for people across the province, which is why our government is reviewing all options to make it more affordable. We will be sharing more information on our plan in the weeks to come. Making it easier and more

affordable for the people of Ontario to purchase a newly built home is part of our larger plan to be a leader in consumer protection.”

To improve consumer protection, accountability, transparency and board governance, Ontario says it will: » Make the dispute resolution process easier for homeowners if they discover a problem in the construction of their new home.

For example, a homeowner does not have to prove the cause of a defect » Separate the provider of the newhome warranty program from the new-home builder regulator, to increase consumer confidence » Give government responsibility to make rules and set standards, and introduce modern oversight measures to improve accountability and transparency » Immediately ask Tarion to introduce new deposit protection measures to better reflect today’s home prices and deposit requirements The province says these actions will not increase the price that Ontarians pay for a new home.

Tarion, meanwhile, has its doubts.

“There are no immediate changes to the warranty process in Ontario.

While the government has identified a number of recommendations it intends to move forward with, the implementation will likely require significant discussion and planning,” Tarion President and CEO Howard Bogach told YP NextHome. “In the meantime, it is business as usual for Tarion. Consumer protection remains our number one priority, as it has been for more than 40 years.

We encourage new-home buyers,

owners or builders to contact Tarion if they have any questions.”

The organization also says it has “serious concerns” about some of the recommendations contained in the Cunningham’s final report.

“We worry the recommendations will have the effect of seriously weakening consumer protection; increasing costs for the administration and regulation of the warranty, new costs that ultimately new-home buyers will have to pay; and creating barriers to entry for builders that could further impact a marketplace already struggling to keep pace with consumer demand.

“We also believe that some of the recommendations that would improve consumer protection, specifically around illegal building, should be accelerated.

Meanwhile, tradespeople involved in building new homes in Ontario welcome the changes outlined in the report. The Residential Construction Council of Ontario (RESCON) says the recommendations will improve accountability and consumer protection for buyers of newly built homes, including condominiums.

Moving to a multi-provider insurance system will give new-home buyers more options, says RESCON President Richard Lyall. “Justice Cunningham’s report encourages the Ontario government to enable new private-sector warranty-surety providers to enter the marketplace, just like British Columbia, Saskatchewan and Alberta.”

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22 YPNEXTHOME.CA

3256

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life above it all.

High atop North York’s most impressive elevation sits Emerald CondosCity, froma highly the low sought-after master-planned community, moments from major highways and Don Mills subway station. Luxury labels beckon from Fairview Mall, while colourful public art and landscaped walkways guide you to the new Parkway Forest Community Centre. Modern, sustainable, forward-thinking and connected, The Peak at Emerald City is elevated living at North York’s premier address.

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EMERALDCITYLIFE.CA Rendering is an artist’s impression. Certain design elements are subject to change without notice.

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APRIL 15 - 29, 2017 | NEW CONDO GUIDE 23

2017-03-20 4:07 PM

Advice | FUNDAMENTALLY SPEAKING

6 financial home-buying hacks calculator to help determine their payments. And social media is playing a more important role – 20 per cent used sites such as Facebook to learn more, 17 per cent used a mobile device, and of those, 22 per cent used a mortgage related app. And all of these figures are growing.

By Wayne Karl

MORE ADVICE ONLINE ypnexthome.ca/news/advice

PLANNING TO BUY A HOME and not

sure where to begin? Maybe it’s your first home, or it’s been a while and you’re ready to move up to a larger property. Here are six home-buying hacks to help you prepare.

1 | GET WITH THE PROGRAMS There are various government programs available to help you buy a home: » Home Buyers’ Plan (HBP): The HBP allows first-time buyers to withdraw up to $25,000 from their RRSP to put toward a down payment on a home.

You have up to 15 years to repay the funds.

Prime Minister Justin Trudeau has promised to modernize the program to allow Canadians to dip into their RRSPs to buy a home more than once, including when impacted by life changes such as job relocation, death of a spouse or marital breakdown. » First-Time Home Buyers’ Tax Credit (HBTC): Eligible first-time buyers can apply for the HBTC to help offset the costs associated with purchasing a home, such as legal fees, disbursements and land transfer taxes. The credit can provide up to $750 in federal tax relief.

For more on these programs, visit cra.gc.ca 2 | EXPLORE YOUR OPTIONS Firsttime buyers can purchase a home with as little as five per cent of the purchase price as a down payment – as long as the property is less than 24 YPNEXTHOME.CA

$500,000. Anything higher than that, and the minimum down payment for the portion of the price higher than $500,000 is 10 per cent. So, assuming your price range is at that threshold, you’ll need to come up with at least $25,000. At that purchase price, depending on the market you’re in, this could mean you’d then be looking at a condo or townhome, instead of a detached home.

3 | VISIT THE BANK OF MOM AND DAD If your parents are baby boomers who have had the good fortune of building equity over the years as they paid down their mortgage while the value of their property multiplied, well… they may be in a position to help. Any many buyers are hitting up the bank of mom and dad. In the last two years, 28 per cent of first-time buyers hit the bank of mom and dad to help finance their purchase; from 2010 to 2014, only 17 per cent did.

4 | BECOME TECH SAVVY Mortgage consumers are becoming very tech savvy. In Canada Mortgage and Housing Corp.’s 2015 Mortgage Consumer Survey, 78 per cent of respondents researched online, with 70 per cent using an mortgage

5 | BEFRIEND A BROKER OR BANKER Like many things in life, it’s all about relationships. And whether you use broker or a banker to secure a mortgage, you’ll likely come to value the relationship. In the same CMHC survey, consumer loyalty strengthened the longer people stayed with their lender. But since we’re talking about money, people are willing to switch lenders to get a better rate and save – a fact which is much more prevalent for bankers than brokers. And because brokers are able to offer products from multiple lenders, as opposed to bankers which offer only the products of their own institution, the market share held by brokers is growing notably, particularly among repeat buyers.

6 | RESEARCH, RESEARCH, RESEARCH These days, with prices rising as they are and uncertainty in some markets, thorough research is an absolute must. Everything from your target area, desired housing type, builder or realtor, finances, how much you can afford, who you borrow from and the structure of your mortgage – take your time. Take months. Don’t rush anything. Anything.

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

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APRIL 15 - 29, 2017 | NEW CONDO GUIDE 27

Advice | INSIDER INSIGHT

Government plans and rebates to help reach your home-ownership goal

By Debbie Cosic

MORE ADVICE ONLINE ypnexthome.ca/news/advice

MOST PEOPLE HAVE had it with hearing about how difficult is it to become a first-time homeowner in Canada. The media paints such a bleak picture, it’s enough to scare anyone out of the market, let alone a first-time buyer.

It’s definitely tough out there but if you truly want to become a homeowner, I suggest plenty of planning, saving and researching – it may sound overly simplistic and corny, but it’s true. Since your home is likely your largest lifetime investment, it’s important to consider how you can save and maximize every dollar you put into it by understanding your options and planning ahead.

In addition to the below list of programs available to you, I suggest you go online to see what may work for your personal situation in the particular region you’re looking to buy in, as different provinces have different programs. Good luck!

» Land Transfer Tax (LTT) Refund Did you know that as of January 1, all eligible first-time homebuyers in Ontario can claim a Land Transfer Tax (LTT) refund of up to a maximum of $4,000? And, there’s more. There are actually several rebates and tax refunds available to first-time buyers across Canada. Google can be your best friend when it comes to finding them. » The Home Buyer’s Plan Canadian first-time homebuyers can take advantage of the Home Buyers’ 28 YPNEXTHOME.CA

Plan (HBP). What is it? The HBP allows you to withdraw $25,000 your RRSP – interest-free! – to put toward your down payment.

This is an excellent way to beef up your down payment while ensuring you still have some funds socked away for your retirement in the long run. What makes it even sweeter is that your spouse can also do this, for a total of $50,000! That’s a hefty down payment. Keep in mind, any home priced over $500,000 requires a down payment of more than just five per cent. Be sure to find out what your down payment requirement is.

If you’ve been contributing to an RRSP regularly, you have a distinct advantage, but if you haven’t, here’s a tip I found online – If you and/or your spouse each have $25,000 for a down payment saved up, and still had enough room in your RRSPs for a contribution of that amount, consider moving your savings into an RRSP at least 90-120 days before your closing date. Then, take the money and put it toward the Home Buyers’ Plan. Why? Your contributions of $25,000 each will net you a tax deduction that year.

Use any tax refund you receive to pay down the RRSP. Keep in mind you do have to pay any amount you borrow back to your RRSP eventually, but you get 15 years’ grace to do that. Since you want

growth in your portfolio, you should be mindful of getting the funds back in there as soon as possible.

This is an excellent interest-free vehicle but be sure to talk to a financial advisor beforehand. He or she will be able to counsel you as to whether it makes financial sense for you to forgo the growth benefits of your RRSP if you do not expect to pay back the funds in a timely manner.

To qualify for the HBP, you and your spouse must not have lived in a home owned by either person for five years prior to using the HBP. You can learn more about this plan by visiting the Canadian Revenue Agency website at cra-arc.gc.ca/hbp/ There are several other rebates available. For example, check out the First-Time Homebuyer’s Tax Credit and the GST/HST New Housing Rebate programs and watch this space for more tips and ideas.

Debbie Cosic, CEO and founder of In2ition Realty, has worked in all facets of the real estate industry for over 25 years. She has sold and overseen the sales of more than $15 billion worth of real estate. With Debbie at its helm, In2ition has become one of the fastestgrowing and most innovative new home and condo sales companies. In2ition has received numerous awards from the Building Industry and Land Development Association and the National Association of Home Builders.

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APRIL 15 - 29, 2017 | NEW CONDO GUIDE 29

Trending

Investors, take the road most travelled

By Yan Gurevich

MORE ADVICE ONLINE ypnexthome.ca/news/advice

SO YOU’RE GETTING cracking on your

“nest egg,” ready to put it to good use before your financial planner gets wind of your intentions and tries to reel you back in. Your friends are filling your head with all their success stories of flips, renovations and long-term rental conversions, and some of their ideas are starting to appeal to you. You have a real estate agent sending you listings, optimistic local market reports, and newspaper clippings prognosticating a tight rental market. You are ready to jump into investment properties.

Now what?

There are proven steps investors can take that will save a lot of money and help avoid disastrous consequences. When starting out, try to take the road most travelled.

It’s not a TV show Television shows are for entertainment. Segments are edited to make even the protracted, tedious renovations and sale process appealing. We forget how some of the homeowners got on these shows in the first place. How many properties did they lose money on?

How long did it take to find the one property that may turn a profit?

How long did they have to rent out a property instead of flipping it, before they recovered their initial investment? We are told about, but never observe, the great screw-ups with a contractor, or lack of a quality 30 YPNEXTHOME.CA

inspection that landed them on the show in the first place.

Surround yourself with experienced professionals who are knowledgeable in the area and type of home you are considering investing in, before you start shopping. If renovating the property, allow for longer time periods at each stage of acquisition, planning, permitting and completion.

Budget at least 15 per cent for overages. Get your financing options locked in.

Comparatively speaking...

Investors use ratios like “cap rates” to compare and contrast one investment opportunity with another. Cap rates are an attempt to compare similar and dissimilar properties based on their income potential versus purchase price. On occasion, it is an attempt to compare apples to oranges. Beware – comparing a condominium with a six-

plex may yield similar cap rates, but capital investment and management efforts are very different. Try to use these calculations on similar types of properties.

Cap rates will vary greatly from one city and region to another. Owners are willing to pay more for a similar property in a larger metropolitan area where prices are stable and security of the investment is more assured.

If your investment is easily comparable to others that sold in the same area, then a straight price-toprice comparison may be very useful.

In a large, very developed pocket compare builders, home styles, size of lot and home, and types of finishes.

Cooler heads prevail Before purchasing any investment property, get it professionally appraised. If you are planning to resell within a year or so, get the appraiser

within easy driving distance from you. Few individuals can afford an investment property that generates so much income that they can hire a management company to maintain that investment for them. But even if a manager is involved, be prepared to make the midnight dash to your property – or at least have a trusted handyman on speed dial – in case a bathroom floods, or a washing machine stops working in mid-cycle.

Surround yourself with experienced professionals who are knowledgeable in the area and type of home you are considering investing in to estimate the resale value, taking into consideration the improvements you are planning to make. Even if you believe that your property will sell for more than the appraised value, ask yourself if the appraised value is enough to make a profit. If you can’t make money with the appraiser’s evaluation, rethink the improvements, or the purchase altogether.

Where the big kids play Which would you prefer: to be the nicest, biggest house on the block, or a nice but “typical” home in the community? As an investor, you rarely want to be the one to try to buck the trend in a community. The adjective “typical” should be your most trusted term. If major developers are putting up new 3,000-sq.-ft. homes in this pocket, look for the “typical” underachiever, do a “typical” renovation or upgrade for the area, and expect typical rents.

Benefits of this effort is that you

will not be waiting for the market you enter to catch up. However, in contrast to the bigger players, your home will appear to be a good deal to the next buyer and they may pay a premium for it at a later date.

Tenants may pay a premium for a unit that is in an up-and-coming neighbourhood.

Be a scrooge, even on Christmas Investment properties are all about realistic numbers. The more costs you shave off the acquisition, renovation and maintenance of the property, the more you’ll profit. In a flip (a quick resale after acquisition) study your potential resale price very carefully.

The word “typical” comes up again.

Expect a typical sale price but hope for a higher one. If you can profit from “typical,” you will live long enough to do this again.

Shut up and drive Investment properties should be

Absentee landowner If you spend all your time in Canada but your investment condos are in Arizona or Florida, you must have faith in a management company to handle your properties at least as carefully and cost-effectively as you would yourself. Beware guaranteed returns, maintenance costs and sale prices. If your property is abroad, the laws of that land may not protect you from local suppliers guaranteeing or promising you certain things they cannot deliver. If I had a dime for every story of a vacant condo in Turks and Caicos or Jamaica where certain promises from now-bankrupt developers left investors with overpriced vacation homes…

Home of the brave Tenants are a breed unlike any other. Most landlords I know are just happy to get some tenants out after months of non-payment of rents and hundreds of dollars in damage never to be recovered. You can spend days checking the background of potential tenants, only to face a very different beast once they take possession. Be brave. Do your homework, but set aside a reserve fund for unexpected loss of rents or renovations. For longterm investments you must factor in larger upgrade expenditures and set up a larger reserve.

A real estate sales representative with Harvey Kalles Real Estate, Yan Gurevich shares his creativity, sales, finance and negotiating skills with his colleagues and clients. Email yan@harveykalles.com; call 647.209.4004; and follow him on Twitter @brokeryan APRIL 15 - 29, 2017 | NEW CONDO GUIDE 31

Advice | LEGALLY SPEAKING

What is a “mortgage cap”?

By Jayson Schwarz

MORE ADVICE ONLINE ypnexthome.ca/news/advice

TODAY I THOUGHT I would start by answering a question posed by one of our readers. The question relates to the issue of mortgages, and how long a “capped” rate remains in place. Let me begin by explaining about “capped “ rates.

As a new-home purchaser, it is critical that you receive a bank pre-approval of your mortgage, in the form of a written commitment, for the money that you will need to buy the property. The mortgage commitment should provide, among other things, details regarding the amount of money, the length of the loan, the interest rate, and any 32 YPNEXTHOME.CA

special terms. The commitment should also provide for a very important item – how long the lender will guarantee the rate that has been committed to you.

Okay, let me explain. Let us assume that on Jan. 1, 2017 you bought a property with a closing date of Dec. 31, 2017 and your rate commitment or “cap,” as shown on your commitment, is for a period of 14 months at 2.25 per cent. What this means is that, as long as the deal closes within those 14 months, the bank will honour the rate they have agreed to.

Sometimes deals get delayed past the time that the “cap” guarantees.

What happens? Simply put, the lender no longer is legally bound to honour the original rate that was originally offered. In our example, if the rates increased to 3.5 per cent and the closing was delayed until June 30, 2018, the lender would have the option of telling you that the new rate was now 3.5 per cent.

There are more issues relating to this scenario, as you will have to decide if you still want the mortgage, and the lender will have to decide if it would still be prepared to give it to you. That is correct! Remember, if rates rise, the money needed to carry the same amount of mortgage also rises, so if you were tight on your financing before the rate increase, you may no longer qualify for the mortgage.

The moral of the story is to ensure that you negotiate a “cap” for as long a period as possible. Quite often, the mortgages offered by the builders on-site have built-in extension protection. Ask for it as part of your purchase agreement from the builder or commitment letter from the lender.

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

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Advice | CONDO PRO

Condos: eco-friendly by design

By Barbara Lawlor

MORE ADVICE ONLINE ypnexthome.ca/news/advice

APRIL 22 IS EARTH DAY. You’ll be hearing a lot about reducing your carbon footprint to help the environment. If you are shopping for a new home, consider a condominium, which is “green” by design. From location to architecture and finishes, condos offer environmentally conscious buyers an alternative that saves wear and tear on their surroundings.

Think about the very concept of a condominium building – a vertical community that houses hundreds of people, yet minimizes the amount of green space and trees it consumes.

Trees provide oxygen and clean the air by absorbing and filtering pollutants, and we are fortunate that the City of Toronto is home to so many in our parks and on our boulevards. Developers are also planting trees in the landscaping of their condominiums, sometimes on lush green roofs. These glorious areas not only provide places where residents can barbecue and dine outdoors, but also help to reduce the building’s energy use. In fact, condominium design in general has advanced to optimize space through efficient layouts that use less energy to heat and cool spaces. When you purchase a new condo, you benefit from the latest technologies that accomplish this, and more.

Along the green theme, residents of condominiums also share common areas such as swimming pools, party rooms and fitness facilities.

Owners have fewer reasons to travel by vehicle to places such as gyms,

thereby minimizing greenhouse gas emissions. Having these niceties right in the building is a wonderfully convenient lifestyle plus as well.

And speaking of traveling, to comply with Ontario’s Places to Grow Act, today’s condominiums are situated close to amenities and public transportation. By strategically locating their buildings, developers automatically make it easier for people to get places by walking, bicycling or taking a bus, streetcar or subway. Many new condos even include car sharing and bike storage facilities. In large urban areas such as Toronto, a lot of condominium owners live quite well without owning a gas-powered vehicle.

On top of all of this, some developers are opting to participate in third-party rating systems that can attest to a building’s energyefficient design. For example, several condominiums are being built to Leadership in Energy and Environmental Design (LEED) certification standards. LEED is a rating system for environmentally friendly building practices that conform to stringent guidelines for architects, engineers and construction professionals. Buildings

are rated on how efficiently they use water and energy, the quality of indoor environments, wise choices in building materials, and the minimization of the building’s impact on its environment. Today’s developers often offer ENERGY STAR appliances for added efficiency, and they have adopted new construction techniques that minimize waste by reusing and recycling materials where they can.

Even the selection of features and finishes in condos has been touched by the green trend. Hardwood flooring is durable, ideal for people who have allergies, and comes in an incredible array of colours and textures. Another example is natural stone, which is a popular choice for countertops. Granite, quartz and Caesarstone are sturdy and beautiful; how lovely to know that they are environmentally friendly as well.

Thanks to ongoing improvements in Ontario Building Code standards and widespread industry recognition of green building practices, condominiums are leaving a much smaller carbon footprint than ever before. Each year, BILD, the Ontario Home Builders’ Association, the Canadian Home Builders’ Association and EnerQuality present awards for the advancement of energyefficient and sustainable homes and communities.

When you shop for your next home, consider purchasing a condo.

Once you realize the lifestyle and eco benefits that come along with this type of ownership, you will be glad you did!

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

Keep current with The Baker Blog at blog.bakerrealestate.com APRIL 15 - 29, 2017 | NEW CONDO GUIDE 33

Trending

Tips for transitioning into a small living space

By Marie Potter

MORE ADVICE ONLINE ypnexthome.ca/news/advice

WITH ESTATE PRICES rising, families are getting creative and moving into smaller spaces closer to the core.

Condos were once seen as a place for young professionals or retired couples, but in recent years, condo residents have diversified; families and young children across Canada call condos “home.”

Going compact can be daunting for some, says Marie Potter, marketing director for Professional Organizers in Canada. “One way to approach small space condo living is to enjoy the benefits. Simply put, less space means less things, less mess, less stress and more time.”

Tips to transition into a compact home: Office If you need a home office (or, at least, a workspace) it’s essential to have a filing system versus a piling system. Invest in a decent, compact filing cabinet on wheels that tucks under the desk. You’ll have every file at your fingertips if you set it up with hanging file folders and tabs in alphabetical order. If you don’t have a desk, use floating shelves and magazine holders, or a wall organizer to manage papers vertically. Stack and label clear bins with supplies on a shelf.

Kitchen Maintain small quantities of food 34 YPNEXTHOME.CA

and only have what you need. Free up counter space with hanging baskets that hold fruit or other kitchen essentials. In very small spaces, install a wall-mounted table that folds down when you need it, and folds up and away when the meal is over. Open shelves will create the illusion of more space.

Also consider items on wheels – they are easier to move around if necessary.

Living space It’s best to keep things light and airy. Use limited colour palettes, plain white or mirrors to create the illusion of space. Seek multi-purpose furniture such as an ottoman which can be used as an all-in-one foot rest, table and storage unit.

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Bonus tips Watch ‘Tiny Houses’ and read ‘Everything that Remains’ by minimalists Joshua Fields Millburn and Ryan Nicodemus. Also consider re-evaluating how you shop by skipping big bulk stores like Costco altogether. Remember, your condo is a reminder that the most important things in life aren’t things!

it to store your bathroom necessities.

Install a towel rack at the back of the tub, like you see in hotels. Have plenty of hooks to keep clothes off the floor.

Stack clear, labelled bins under the sink for added storage.

Bedroom Condo beds are all the rage for good reason: the mattress platform lifts up using pressurized pistons, so you can store and easily access belongings 36 YPNEXTHOME.CA

inside it. Otherwise, use under-thebed bins for seasonal storage. Only have one set of sheets and towels, and just stay on top of laundry. Overthe-door hooks and a shoe organizer are a must. Thin design flock hangers create 30 per cent more space than plastic or wood hangers. If the bedroom is really tiny consider using curtains instead of bi-fold closet doors, or simply remove the closet doors for an open-concept closet.

About POC Professional Organizers in Canada (POC) is a national registered non-profit association of over 500 professional organizers and more than 14 chapters who help individuals and businesses by organizing their space, time and information. POC helps create functional spaces, increase productivity and reduce stress, with a supportive environment for all types of organizer to learn, exchange ideas and network.

To find an organizer near you or become a member of POC, visit professionalorganizersincanada.com.

Marie Potter is a trained professional organizer, and the marketing director for Professional Organizers in Canada, POC Silver and Gold Leaf member, recent recipient of the POC President’s Award and mother of nine-year-old adopted twin girls mariepotter.ca

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APRIL 15 - 29, 2017 | NEW CONDO GUIDE 37

Trending

Housing starts hit highest level since 2007 Condo apartment starts see biggest boost in Toronto CANADA’S HOUSING STARTS hit their highest level since September 2007, according to the March figures from Canada Mortgage and Housing Corp. (CMHC). Housing starts numbered 211,342 units in March 2017, compared to 205,521 units in February 2017, “pushing the trend in housing starts upward for a third consecutive month,” says Bob Dugan, CMHC’s chief economist.

“Stronger residential construction at the national level is reflected by a rising trend in single-detached and multi-unit starts in Ontario and continued growth of new rental apartments in Québec.”

The local view Total starts in Toronto trended higher in March across all housing types.

While condo starts registered the strongest trend increase in March, single-detached home construction has been trending higher since the end of last summer. Demand for new housing is growing as supply falls short, reflected by low rental apartment vacancy rates and declining active listings.

The decline in townhouse 38 YPNEXTHOME.CA

MORE TRENDING ONLINE ypnexthome.ca/news

starts contributed to a downward trend in Hamilton’s total housing starts, despite the strength in single-detached and semi-detached housing starts.

Notwithstanding this decline, strong demand from local residents and outof-town homebuyers have continued to support townhouse construction, as this type of dwelling remains the most viable option for many first-time homebuyers.

Meanwhile in St. Catharines-Niagara, “demand” is the housing headline.

As buyers from Toronto and Hamilton seek more-affordable options, resale inventory is being squeezed and prices are soaring. This is prompting buyers to turn to the new housing market, where singles in land-abundant Niagara Falls remain a sought-after commodity.

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 Canada’s housing market. In some situations analyzing only SAAR data can be misleading, as they are largely driven by the multi-unit segment of the market which can vary significantly from one month to the next.

The standalone monthly SAAR of housing starts for all areas in Canada was 253,720 units in March, up from 214,253 units in February. The SAAR of urban starts increased by 20.2 per cent in March to 235,674 units. Multiple urban starts increased by 30.2 per cent to 160,989 units in March, while singledetached urban starts increased by 3.1 per cent, to 74,685 units.

Rural starts were estimated at a seasonally adjusted annual rate of 18,046 units.

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The design is just your style. There’s no upkeep, because it’s a condo. That means you can lock and leave on vacation! The amenities are exactly what you want, like a welcoming lobby, yoga room, gym, lounge, business centre, party room, terrace with bbq, bike storage, electric vehicle recharging and private parkette. Everything you already love about Burlington is right around the corner. It’s time to see how much better life can be. Visit Affinity today!

SUITES START FROM THE LOW $300’S AffinityCondos.ca

BURLINGTON/ALDERSHOT 407

289-337-5937

LaSalle Park Rd.

VISIT AFFINITY Mon - Thurs noon - 7 pm; Sat, Sun & Hol noon - 6 pm

Waterdown Rd.

SALES CENTRE & DESIGNER MODEL SUITE 348 Plains Road East. Aldershot, Burlington

Renderings are Artist’s concept. Prices, specifications and information correct at press time. Map not to scale. E & O.E. APRIL 15 - 29, 2017 | NEW CONDO GUIDE 39

Property Profile | AFFINITY CONDOMINIUMS

AFFINITY CONDOS From here to Zen in two minutes flat!

AFFINITY CONDOMINIUMS in Aldershot, everything you could possibly want is practically at your fingertips. Roll out of bed and start your morning practice in the yoga room, then head back up to your kitchen for a delicious green smoothie with the ingredients you picked up at the local Fortino’s. Transit at your doorstep whisks you to work. Later that evening, the celebration is just a few floors above you in the building’s gorgeous party room with kitchen.

Cap off the night with a stunning view of the stars from the rooftop terrace before you tuck in bed for the night.

Life at Affinity is easy.

40 YPNEXTHOME.CA

Located at Filmandale Road and Plains Road East in Aldershot, this newly rediscovered picturesque village is within Burlington near Lake Ontario. With Hwys. 403 and 407 close, a GO train station nearby and bus service right at the doorstep, Aldershot is an easily commutable neighbourhood. Travelling anywhere in the GTA is fast and straightforward.

Affinity is a community of two contemporary six-storey midrise condo buildings designed by renowned KNY Architects. Exteriors feature stunning glass walls, black brick with stone and stucco elements and ‘wood’ accents. Affinity will

Location

Aldershot Builder

Rosehaven Homes Development

Affinity Condominiums Home Type

One- up to two-bedroomplus-den suites from 585 to 1,200 sq. ft.

Sales centre

348 Plains Rd. E., Burlington Contact

rosehavenhomes.com

offer a selection of one-bedroom up to two-bedroom-plus den suites ranging in size from 585 up to 1,200 sq. ft. The contemporary suite designs will be finished with wide plank laminate flooring throughout and stunning 12-by-24-inch imported porcelain floor tile in all bathrooms; quartz countertops in the kitchen and bathrooms; nineft. smooth ceilings in suites (10-ft. ceilings on sixth-floor suites). Suites include five appliances, state-of-theart roller blinds, one underground parking space and a storage unit.

Condo living means never having to shovel snow or mow the lawn, but it doesn’t mean you can’t enjoy both the pride of home ownership and the fresh air and satisfaction of being in the great outdoors.

Container gardening on the balcony is easy, the rooftop terrace is a great place to relax and enjoy the sunshine, and Affinity is surrounded by neighbourhood green spaces.

Step outside and you’ll be instantly connected to a world of fitness and recreation. From Affinity it’s only an eight-minute bike ride to the Waterfront Trail. The LaSalle Park and Marina is full of waterfront fun with a boardwalk, beaches and wading pool all. And of course, the incredible Royal Botanical Gardens is a neighbour, and the largest garden of its kind in Canada.

Schools, shops, restaurants and services are at the doorstep including IKEA Burlington, Mapleview Shopping

Centre, Sears Home Store, and many boutiques and shops to choose from. The Lord Nelson Fine Dining is a local favourite for surf and turf.

When life is this easy and simple at Affinity Condominiums, you will be able to go from now to Zen in two minutes flat.

The Affinity Condominiums sales centre is located at 348 Plains Rd. E., Burlington. Prices start from the low $300’s. For more information, visit rosehavenhomes.com.

APRIL 15 - 29, 2017 | NEW CONDO GUIDE 41

Advice | ENTERTAINING

Brunching

By Elisa Krovblit

FROM THE PIONEER WOMAN COLLECTION FROM WALMART - WALMART.CA

IT’S SPRING, IT’S REALLY FINALLY SPRING! As everything

comes into bloom, we all start getting out more, back into life beyond our front doors. It’s the perfect time to entertain.

Have you thought about brunch?

Brunch has become a favourite way to gather groups on the weekend. Whether it’s an intimate bunch of friends, a large group of family members or a simple celebration, brunch is fun because it’s casual and indulgent.

Weekends can get hectic, but there’s a sweet spot between 10 a.m. and 1 p.m. Stayed up late? Breakfast at noon is perfect! Have kids who wake up early? Lunch at 11 a.m. is no problem. It’s an ideal, lazy start to the day, and it’s not a big, formal sit-down affair. People can come late – nobody has to wait for them. Brunch goes on long after the eating is over; so long, in fact, that the eating could well resume again at some point.

Setting the table for brunch is much different than a formal dinner party. Again, brunch is casual. Think finger foods and family-style service. You don’t want to turn brunch into a difficult meal to serve, and you don’t want multiple courses. You want dishes that can stay on the table for an hour or two, maybe longer. You want enough supply for seconds and thirds, stashing away an extra helping of some dishes makes it easy to pull them out and 42 YPNEXTHOME.CA

replace an empty plate with minimal effort. Save pancakes and waffles for a quiet day. You don’t want to slave at the stove while everyone else socializes.

Some simple suggestions: » » » » » » » » » » » » » » » » » » »

Bagels & baguettes Cream cheese Cheese platter Smoked salmon Jams & butter Peanut butter & Nutella Muffins & scones Boiled eggs Charcuterie platter Crudités Green salad Pasta salad Fruit salad Yogurt & granola Chocolate Carafes of coffee & hot water with tea bags Pitchers of fruit juices Champagne & Bloody Caesars Cookies

DIST. 6.3km

DIST. 0.2km

TTC YKD DESTINATION:

TRANSIT:

SUBWAY

2 MIN WALKING

DOWNSVIEW SUBWAY

YORKDALE SHOPPING CENTRE

VIA DOWNSVIEW SUBWAY

LIFE AT THE SPEED OF EASY

9 MIN

LIFE AT THE SPEED OF EASY

DIST. 2.5km

DNP DESTINATION:

4 MIN VIA SHEPPARD AVE W

DOWNSVIEW PARK LIFE AT THE SPEED OF EASY

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Brokers Protected. Prices and specifications are subject to change without notice. E. & O.E. Illustration is artist’s impression.

43

Brunch has become a favourite way to gather groups on the weekend. Whether it’s an intimate bunch of friends, a large group of family members or a simple celebration, brunch is fun because it’s casual and indulgent.

Don’t forget to have desserts on hand. They can be set out on the table with the brunch spread. A popular trend that’s returning is the covered cake stand. Let your glazed coffee cake, pastries and plate of cookies whet your guests’ appetites from under the glass.

In fact, there are many popular trends returning to the tabletop that are perfect for a fun, festive and informal brunch. Unlike formal dinner party china, or the stark whiteon-white dinnerware that’s become so trendy, brunch is all about colour this spring. Coloured glass, florals, animals, fancy china patterns, geometrics, polka-dots, plus gilded rims of plates and glasses set the foundation. Adding ornate pieces like goblets, teacups, colourful place mats or table runners, vases of flowers and decorative serving pieces dress it up to a fine finish. It’s not all about bring matchymatchy, it’s about mix-and-match colours and patterns to create a cheerful and playful ambiance.

The mix-and-match setting lends a nice, eclectic style – especially beneficial if you want to entertain larger groups.

MORE ADVICE ONLINE ypnexthome.ca/news/advice

Most people don’t have settings for more than six or eight, but with an informal brunch, it’s easy to gather 12 or 15 people around a table or two – even add in the breakfast bar! Mixing and matching plates, glasses and cutlery is now on trend, so use what you have, and borrow a few extra if needed. Fewer people have the space to keep “good china” and don’t have much beyond the ordinary pieces they use daily. Adding in a few new pieces can be inexpensive, and infuse some colour and fun into everyday meals. Or instead, buy melamine or acrylic pieces which can then be used for the backyard, terrace or balcony.

Unbreakable and budget friendly, these are a perfect fit for the brunch crowd. Bon appétit!

FROM THE HOMESENSE SPRING COLLECTION - HOMESENSE.CA

In love with design and decor, Elisa is senior editor of Renters Guide, Home Decor & Renovations, Home Builders’ Annual and Commercial Investor. When not searching out some unusual solutions to her century home’s reno projects, she’s busy discovering the next best thing in Toronto. Elisa.Krovblit@ypnexthome.ca

44 YPNEXTHOME.CA

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FLATIRONLOFTS.CA Exclusive Listing: Brad J. Lamb Realty Inc., Real Estate Brokerage.

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

WORKLOFTS.CA APRIL 15 - 29, 2017 | NEW CONDO GUIDE 45

Trending

Housing affordability trends in Toronto and Vancouver diverge: RBC Economics WHILE HOME OWNERSHIP COSTS REMAINED historically elevated in Canada, they levelled out in the fourth quarter of 2016 after climbing steadily for a year and a half, according to the latest Housing Trends and Affordability Report from RBC Economics Research.

“Owning a home at market price in Canada still took an abnormally large bite out of household income, but RBC’s aggregate affordability measure was unchanged in the fourth quarter after a string of six quarterly increases,” says Craig Wright, senior vice-president and chief economist, RBC. Housing affordability is calculated as a share of household income. A higher number means housing is less affordable.

The affordability measure stood at 44.2 per cent in Canada – still the most stressed level since late 2008.

There were minor changes within housing categories at the national level: the affordability measure for single-detached homes fell marginally to 49.2 per cent, while the measure for condominium apartments edged up to 35.9 per cent.

Housing affordability deteriorated markedly in Toronto (to 64.6 per cent, from 63.8 per cent in the third quarter) along with other parts of Southern Ontario, and is bound to get worse in these markets.

“Further policy intervention would be wise to cool surging home prices in Toronto, as the market has become disconnected with economic fundamentals,” Wright says. “The last time affordability in Canada’s largest city was this poor, in 1990, the housing market subsequently fell into a deep and prolonged slump.”

Although affordability improved in

MORE TRENDING ONLINE ypnexthome.ca/news

Vancouver for the first time in more than three years (to 84.8 per cent, from 90.0 per cent in the third quarter), buyers in Vancouver still face the highest affordability hurdle in Canada, by a long shot.

In most Canadian markets outside Southern Ontario and the Vancouver region, fourth quarter affordability levels were close to historical norms.

Two exceptions were Calgary, where affordability was better than usual, and Victoria, where the affordability measure was more strained.

INFO AT A GLANCE • Toronto’s housing affordability eroded further in the fourth quarter of 2016 to worst level since 1990, elevating risks to worrisome levels • There was at last some relief in Vancouver, but it remained the least affordable housing market in Canada by far • Overall, Canadian affordability is stressed but unchanged from the third quarter

46 YPNEXTHOME.CA

D9-1

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APRIL 15 - 29, 2017 | NEW CONDO GUIDE 47

2017-04-05 10:38 AM

Profile Neighbourhood Profi le

Corktown

By Joanne Keenan

Fast facts Average household income

$81,461 MORE PHOTOS ONLINE

Family structure

nexthome.yp.ca/Corktown

THIS FORMER WORKING class neighbourhood where Irish immigrants settled more than a century ago, is one of the last in the city to be transformed into a community on the move. With a prestigious location at the foot of the escarpment, it’s taken a while to draw newcomers, but now it’s as in-demand as any other hot spot. Growing developer presence adds new to the old to create a viable community.

The vibe Work, play and dine is the essence in the air of today’s Corktown. No longer a tired collection of streets that have seen better days, it’s been picked up and dusted off by those seeking city living and creating it themselves. When the work’s done at home, there are dozens of options for dining or grabbing a bite and a beer. Bikeable and walkable, it ranks high on walkability scales.

48 YPNEXTHOME.CA

Meet the neighbours Corktown is home to about 7,500 residents. Still the home of oldtimers who moved into affordable cottages a lifetime ago, they are slowly being purchased by singles and professionals looking for city living. Because of its affordability in past years, families settled here as reflected by the parks and schools within its boundaries. Some rowhouses are being converted to live/work homes and businesses are fueling the redux.

In the area Not exactly downtown, but close enough, Corktown offers the best of both worlds: nightlife plus a place to live in an area following the trends and tastes of city living. The Art Decostyled Hamilton GO Station is ideal for those commuting to the GTA. You’ll find St. Joseph’s Hospital, several schools and a rec centre. There are also plenty of pubs and some of the city’s best dining.

SINGLES

COUPLES

FAMILIES

55%

33%

12%

Own vs. rent

41%

OWNERS

59% RENTERS

Cheers!

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SOURCE: ENVIRONICS

Hot Spots

Planes, trains and automobiles With its tiny streets and dead ends truncated by the CN tracks and overpasses, traffic is often limited.

The Hamilton Street Railway (HSR) travels along predominant roads to offer regular bus service. There is also DARTS service for those who require accessible transportation.

Corktown is only a few minutes from the Wellington access up the escarpment or into downtown.

Dollars and sense When all is said and done, Corktown is still a liveable community for residents who can meet their needs at surrounding shops and offices.

From Millennials and Gen Xers to Boomers, they can dine, find a coffee shop and pick up essentials without breaking the bank. Variety is key and within reach on adjoining streets.

Housing prices, like everywhere else in the city, are on the rise.

The good, the bad and the rest With gentrification comes increasing rents and home prices. Century row

houses of a few decades ago have been updated and transformed into business and offices to elevate the demand of the area. With proximity to downtown, it’s always been an affordable location for small and independent business. Small homes are commanding competitive prices along with lots of renovations and updating.

Real estate Corktown still offers some of the city’s most affordable homes, and they don’t last long on the market. Lots of century rowhouses and cottages, many updated and some in need of a good face-lift.

Still some good, older detached homes, but lot sizes are typically small. You’ll have better luck finding a condo than detached, with highrises and midrises hitting the market more often. Small condo buildings and walk-ups rent for going rates. Developers have discovered Corktown and are building trendy towns at upwards of $350,000 each.

White Elephant If you’re looking for the real deal when it comes to Thai food, you can’t get more authentic than this restaurant, established by Bangkok natives who longed for tastes from home. whiteelephant366.com Enoch Turner Schoolhouse What was once a one-room schoolhouse in 1848 is now Corktown’s most popular setting for a storybook wedding or special event for intimate gatherings of 100 or less. enochturnerschoolhouse.ca Gilead Café & Wine Bar You’d never expect to find world-renowned fare hidden in a café on a backstreet in Corktown but then you can always expect the unexpected from Jamie Kennedy and his kitchen. jamiekennedy.ca Corktown Cubes This cluster of cubes has been a curious landmark at the city’s eastern gateway since 1996. A mystery to many they are occupied as an example of futuristic, affordable housing on a minimal footprint.

Little Trinity Anglican Church Great acoustics for orchestras and choirs, make one of Toronto’s oldest surviving churches a great performance venue as well as well as a place of worship.

APRIL 15 - 29, 2017 | NEW CONDO GUIDE 49

Trending

Causes of, and work-arounds for Toronto housing crisis

By Lydia McNutt THE TORONTO HOUSING market has become a pipe dream for the average homebuyer. How did it get to this point, what are the consequences, and is there a solution? These GTA home builders give their two cents on this million-dollar question.

SUPPLY (OR LACK THEREOF) AND DEMAND Tariq Adi, CEO of Adi Development Group Inc., blames the Greenbelt legislation for virtually stopping new lowrise construction, and putting a strain on lowrise housing supply and prices. “With all this happening, people are rethinking their entry into the property market and asking themselves, ‘Do we really need the big house, and can we even afford it?’

Unfortunately the answer for most is: no.”

INFRASTRUCTURE Amplifying the land supply problem are shortfalls in infrastructure, lack of transportation investments and the red tape hindering transit-oriented housing. But according to Adi, this is changing, with infrastructure investments in surrounding regions to accommodate this influx of residents. With downtown Toronto just a worry-free train-ride away, the more-affordable 905 is more enticing than ever.

“Compact housing that’s close to transit… is the future of the suburbs,” says Adi. “The province, through Metrolinx, along with municipalities are upgrading their local transit networks, and big investments are being made to move people efficiently and cost effectively. I think Canada’s a little behind [when] compared to Europe and some cities in the U.S. in that regard, but the government is addressing these 50 YPNEXTHOME.CA

issues. As this is happening, people are rethinking where they want to live.”

Adi points to Burlington, Ont. as a housing hot spot. The city saw residential price growth exceed 24 per cent in the last three years, he says. “It’s centrally located on the Golden Horseshoe with multiple GO stations, which can have you at Union Station in less than an hour, catering to the buyer who doesn’t care as much about being close to the big city, with transit at his doorstep.

BOOMTOWN: THE 905 AND BEYOND “Remaining lowrise inventory continues set new record lows across the GTA,” says Gary Mcilravey, manager of market research at Empire Communities.

Mcilravey quotes Altus/RealNet data, which indicates just one new sales development in Barrie with 10 units remaining. Similarly, Hamilton and Oshawa each have less than 85 detached lots available for sale (as of press time). “This lack of lowrise inventory in the GTA has pushed buyers out to these markets and beyond in search of lowrise housing.” He admits many purchasers at Empire’s communities in Brantford, Caledonia, Hamilton and Niagara Falls, have GTA origins. “As a result, prices are increasing in many outlying markets for new and for resale housing.”

A recent CMHC Housing Market Insight report examined how GTA home prices have impacted neighbouring markets. The real estate ripples are being felt as far as St. Catharines and Niagara.

“The issue is not that there are no affordable choices in the GTA, just that the form of these affordable choices is different than in the past,” Mcilravey says.

The new construction trend is high-density housing, not just downtown but in

MORE TRENDING ONLINE ypnexthome.ca/news

outlying areas as well. “Soon, we’ll see GTA-based buyers moving to outlying markets to purchase affordable [multi-family] housing, not just detached.”

INTENSIFICATION IN THE SIX Christopher Wein, president of Great Gulf Residential, says the resurgence of the rental market is another outcome of the GTA’s housing affordability challenge. “Low residential vacancy rates in the GTA have caused upward pressure on rental rates. Despite this increase, renting remains a much more affordable alternative to ownership in many areas and as a result, has become a more common type of housing which we expect to increase with continued high levels of housing demand.”

TOUGH (BUT NECESSARY) CHOICES For homebuyers considering a move to the ‘burbs to stretch their homebuying dollars, Mimi Ng, vice-president of sales and marketing at Menkes, calls for careful consideration of this choice – and the consequences. “Think about the impact of commuting on the quality of their day-to-day life.”

The GTA economy is strong, but a result is increased traffic and congestion, and longer commuting times. “That trend is expected to continue,” Ng adds.

“Say the morning commute from your new home is presently 30 minutes. How much longer does it get when the weather is snowy? Or when there’s a major accident? How often are there major accidents during rush hour? What if, in a couple of years, that commuting time crept up to 45 minutes or an hour?

Would that be acceptable to you?”

POSSIBLE SOLUTIONS Should you buy a home, wait, relocate? For those in search of some concrete answers, Michoel Klugmann, vice-president of Lindvest, offers this: “Don’t wait to buy in the GTA with the hope that prices will decrease.

Toronto continues to be a place where people want to live. This is good news for those who invest here today.”

To promote affordability, Klugmann says the GTA needs better transit and governmental policies that increase and streamline developable land supply, and a tiered development fee structure that favours certain housing types.

“Many assume they cannot afford a home in the GTA because of a rigid notion of what a home is. With a flexible mindset, they could ‘relocate’ to another form of housing, rather than moving away.” (For more on the inevitable rise of high-density homes in the GTA, flip to page 54.)

Klugmann points out that many European and U.S. cities favour highdensity urban settings, and we’re adopting this attitude locally. “The popularity of innovative forms of stacked townhomes is one indication that new concepts of ‘home’ are being embraced.”

SOME FINAL THOUGHTS ON HOUSING AFFORDABILITY...

When asked for some words of wisdom to homebuyers who find themselves priced out of this hot housing market, Brian Brown, vicepresident of Lifetime Developments doesn’t mince words. “Don’t do it,” he says, admitting that this must sound odd coming from a developer.

“The biggest threat to our strong real estate market and local economy is a generation of buyers who, in pursuit of the housing dream, throw caution to the wind, assume a crippling mortgage, and take on more debt than they can handle.”

APRIL 15 - 29, 2017 | NEW CONDO GUIDE 51

Sierra

O MEET OUR HER

“From interacting with the volunteers to the uppermost staff at SickKids, our experience has been positive. That has been a tremendous help as a parent.” – Nicola Put a camera in front of eight-year-old Sierra and she will turn on the charm. This charismatic little girl is as playful and active as any other child her age. You’d be surprised to know she’s a current patient at The Hospital for Sick Children (SickKids). Sierra’s illness was detected early at only two days old when she was brought to SickKids to investigate an irregular connection in the bowel. She was sent home, one month later her parents returned to SickKids Emergency with their infant jaundiced and not digesting food properly. Although she was being fed a lot, Sierra had lost weight since being born.

It didn’t take long for doctors to determine the cause of Sierra’s deterioration and she was diagnosed with Cystic Fibrosis (CF). CF is a genetic disease that mainly affects the lungs and digestive system. Fortunately for Sierra, it has predominantly affected the digestive system, which is easier

52 YPNEXTHOME.CA

to manage than the lungs. Since her diagnosis, she has taken enzymes at mealtimes to help with digestion and undergoes daily physiotherapy to prevent her lungs from building up with mucus.

Since Sierra is very active, her parents have become creative with her physio by incorporating it into her daily activities. For example, 10 minutes bouncing on the trampoline might be followed by five minutes of breathing exercises.

This doesn’t hold Sierra back from being active. She does gymnastics, swimming, soccer, art classes and made it to ‘divisionals’ for cross country. Her mom says she can’t sit still.

Sierra’s condition has also encouraged her parents and family members to become involved in fundraising activities to support CF research and SickKids.

As she grows older, Sierra is becoming more actively involved in her own treatment. Her parents feel lucky to have SickKids in their lives to guide them through their ups and downs.

Why SickKids?

1

SickKids is on the frontlines in the battle against Cystic Fibrosis. Since our researchers discovered the gene responsible in 1989, life expectancy for CF patients has doubled. We may have dealt a serious blow, but we won’t stop fighting until CF lives on only in history books.

2

SickKids pioneers new possibilities for treatments and cures. 2,000 research staff make advances every day that bring new hope to children and theirfamilies.

3

SickKids is Canada’s leading centre dedicated to improving children’s health and home to Canada’s largest, hospital-based child health research institute.

Builders Helping to Heal

Yellow Pages NextHome, 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 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 Yellow Pages NextHome initiatives stemming from SickKids

Leaders, a program at SickKids which draws on the support of more than 150 volunteers over 30 industry sectors.

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.

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

PLATINUM SPONSORS

spallaccihomes.com

GOLD SPONSORS

bazis.ca

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madisongroup.ca

SILVER SPONSORS

starlanehomes.com

APRIL 15 - 29, 2017 | NEW CONDO GUIDE 53

Trending

The inevitable rise of high-density lowrise living in Toronto

By Lydia McNutt

FOR THE DOUBTERS out there,

Toronto’s housing landscape is proof that Darwin’s theory of evolution is, in fact, the real deal. As single-detached houses join the list of endangered species here in the 416, we’re seeing the emergence of new forms of high-density housing, made to survive this storm of rising prices and dwindling supply, all by virtue of their very design.

WHAT’S BEHIND THE HOUSING CRISIS?

That depends who you ask. Some cite population growth while others point the finger at overseas investors, NIMBYs or government policy. The latter, argues the homebuilding industry, has all but halted new single-detached development, straining existing supply and pushing prices ever higher.

The Building Industry and Land Development Association (BILD) reported just 1,001 new lowrise homes available for sale in builder inventories as of the end of February.

This includes single-detached homes, semis and townhomes.

Ten years ago that number was 17,304. BILD president and CEO Brian Tuckey called the scarcity of single-family lowrise homes “almost inconceivable.”

On a national scale, the Canadian Home Builders’ Association (CHBA) further identified a need for, and a lack of, high-density lowrise homes geared toward families. The CHBA calls this shortfall the “missing middle.”

The CHBA report, The Housing Supply Deficit – Not Enough Homes for Families with Young Children, points to a significant and growing mismatch between housing demand 54 YPNEXTHOME.CA

and what home builders are able to supply, given planning and zoning patterns and the lack of available serviced land.

“CHBA’s research shows that current patterns of urban development fail to address the needs

of young families,” says CHBA CEO Kevin Lee. “This is the ‘missing middle’ in our largest and fastest-growing communities.”

The CHBA report carries with it a warning: if current trends continue, Canada will see a shortfall of 300,000

family-oriented homes in the next 10 years.

In the meantime, prices continue to rise. The average single-detached home in the GTA increased to $1,205,815 in February 2017, according to the Toronto Real Estate Board (TREB). And you can expect prices to continue their upward trajectory, with an expected increase of 10 to 16 per cent this year, TREB predicted in its Review and Outlook 2017. This is on top of the 17-per-cent price growth in 2016.

SO, WHAT CAN WE DO ABOUT IT?

Again, it depends on who you ask, but with no end to rising housing prices in sight, an inevitable evolution is already taking place.

According to one developer, stacked townhomes are just one solution that can alleviate the stress on the single-family market.

“The fact that more units can be built and sold per acre allows all costs to be better distributed across a greater number of units,” says Joseph Alberga, director of sales and marketing at Lindvest. The developer is currently offering stacked townhomes at Brownstones at Westown in Toronto, and is building Grand Cornell Brownstones in Markham, which is sold out.

Cost savings include wood-frame construction no need for expensive elevators, and omitting amenities like pools. “All contribute to keeping the unit sale price more affordable, not to mention significantly reducing the shared monthly condominium maintenance fees,” Alberga says.

“Stacked townhomes provide a way to achieve greater density and still provide homebuyers with a housing style which very much feels close to the ground and still provides each homeowner with their own front door.”

THE RISE OF HIGH-DENSITY LOWRISE

Missing middle” homes, like stacked townhouses, are more complicated and expensive to build per square foot, explains Frances MartinDiGiuseppe, architect and principal at Q4 Architects. This explains why developers haven’t showed much interest in them – until now.

“Due to the increased cost of single-detached homes, exploring new forms of high-density development is changing the conversation,” Martin-DiGiuseppe says. “And, with a second mini baby boom underway, we need to examine new forms of high-density development, like stacked back-to-

back townhomes, laneway houses, and small mixed-use main street buildings that will help provide entrylevel housing for young families.”

While alternate lowrise concepts are largely uncharted territory in the GTA, these more practical, less costly ground-oriented homes have already caught on in Denmark, Sweden and Norway, “where four- to sixstorey newly constructed buildings are common,” Martin-DiGiuseppe points out. “If Canadians can learn how to do these smaller buildings well, we can really cater to young families by creating and transforming neighbourhoods into much more vibrant and safe communities.”

Ground-oriented, high-density housing is already a thing in Vancouver, which has been feeling housing price pains for some time now.

“Laneway homes and stacked townhomes have been well accepted in Vancouver as a form of ‘gentle density’ as relative to higher density condominium housing forms,” says Bob de Wit, CEO of the Greater Vancouver Home Builders’ Association. “Laneway homes in particular have been very popular in the City of Vancouver proper, and now are beginning to roll out to the surrounding suburbs as land prices continue to climb. A great next step will be when cities begin to stratify and/or change tenure arrangements, so that homeowners can transfer ownership of laneway homes or carriage houses. That’ll open up wholly new opportunities for families to gain access to certain neighbourhoods.

“The great thing about gentle densification is that it provides ground-oriented housing that is family-friendly for buyers who cannot afford a traditional singlefamily home,” says de Wit. “For most purchasers, I would think, the price and location advantages outweigh the party-wall issues.”

APRIL 15 - 29, 2017 | NEW CONDO GUIDE 55

Trending

Grand opening at ME2

THE MASTER-PLANNED ME LIVING community by Lash Group of Companies is at the forefront of a renaissance that is making Scarborough a more vibrant and in-demand home destination. ME2, the second phase, recently held the grand opening at the sales centre and already more than 200 families have purchased. Condo buyers seeking exceptional value and an ideal location are discovering over 25 suite styles at ME2, making this new phase an excellent opportunity to build their future in a convenient and connected location.

“Our commitment to offering superior value in amenities-rich, transit-friendly environments is once again striking the right chord with condo buyers,” says Larry Blankenstein, president of Lash Group. “We’re very proud of what we’re achieving at ME Living, and to see our second tower resonate in this way is not only gratifying for our team, but also reinforces that what matters to us matters to our buyers and future condo residents — thoughtfully laid-out suites, amenities designed to complement a busy, contemporary lifestyle, and outstanding value.”

The incredible value ME2 offers prospective buyers is threefold: price, location and features. One- and twobedroom suites (most with dens) from 405 sq. ft. start at an affordable $209,990 – a rare find in the entire GTA. Markham Road and Ellesmere offers access to the new LRT system right at the doorstep, and the drive-time is just minutes to Hwy. 401 and DVP. The immediate neighbourhood has a variety of shops and businesses, and Scarborough Town Centre with more than 200 stores, restaurants and services is minutes away.

The professionally designed tree-lined courtyard of the community will include a scenic pond in summer/

MORE TRENDING ONLINE ypnexthome.ca/news

skating pad in winter and attached water park. There is also an abundance of parks and golf courses close by. The nearby Scarborough Bluffs offer a picturesque playground for outdoor enthusiasts, water-sports lovers and sunworshippers.

Throughout ME2, every meticulously planned detail is designed to inspire your life, from the grand lobby to the spacious party room with catering kitchen; from the Hollywood-style private theatre to the interactive sports lounge (complete with games area, bar and billiard table); from the rooftop pool to the state-of-the-art fitness room.

Within each suite, features and finishes are chosen for their perfect balance of modern form and seamless function.

When complete, the ME Living community will encompass condominiums, townhomes, shops and parks for a self-contained lifestyle oasis in the heart of the GTA. With striking exterior design by Turner Fleischer Architects and stunning interiors by Tanner Hill Associates, Lash Group is proud to welcome you home to ME2.

Lash Group of Companies has been creating exceptional places to live and work with millions of square feet of development in the GTA and Florida for the past 60 years.

D

Find out for yourself why you belong at ME Living.

Visit the presentation centre at 1151 Markham Rd. For more information, call 416.430.0003 or visit online at meliving.ca today.

56 YPNEXTHOME.CA

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APRIL 15 - 29, 2017 | NEW CONDO GUIDE 57

2/5/16 10:30 AM

Advice | CONDO SENSE

10 golden rules of

elevator etiquette

By Jane Herman

MORE ADVICE ONLINE ypnexthome.ca/news/advice

THERE’S A CERTAIN AMOUNT of common sense when it comes to elevator etiquette. If you live in a highrise, the elevator is the main way in and out of your home. In this confined space, you briefly encounter your neighbours several times daily.

The natural instinct is to be absorbed in your own head-space, preoccupied with where you’re headed, and keeping strangers at a distance. And yet, the other elevator occupants, unfamiliar as they may be, deserve a modicum of courtesy.

Unfortunately, most people have forgotten their elevator etiquette.

Here’s a refresher, for those who need it:

10 rules of elevator etiquette: 1. Out first, then in. It only makes sense. Allow passengers to exit before attempting to board the elevator.

2. Take the stairs if you are only going one or two floors, except if the elevator is empty or you have a cart, stroller, large packages or are disabled.

3. Hold the door for others who are running to catch the elevator — especially your neighbours coming from down the hall. A plague on anyone who watches the door slide shut in someone’s face!

4. If you’re sick, wait for an empty elevator. If that is impossible, don’t cough and sneeze for the duration of the ride. And if that is impossible, never put your germ-infested hands on the floor buttons.

58 YPNEXTHOME.CA

5. If you are first on the elevator or closest to the control panel, ask other riders what floor they would like. On the other hand, it’s somewhat rude to call out your floor to the person standing nearest the buttons as if that person is the elevator operator.

6. When other passengers board, move a little to give everyone some personal space.

7. Avoid carrying out interpersonal conversations, be they face-toface or — particularly — talking on your cellphone. The elevator is not a phone booth.

8. Likewise, if you’re listening to your iPod, turn down the volume so you don’t disturb other riders.

9. If you’re carrying a backpack,

make sure it doesn’t land in someone’s face when you turn around.

10. Never drop litter or deface the walls of the elevator. Vandalism hurts everyone.

Riding in an elevator can bring out the best — or worst — in people. Think of the elevator as an extension of the building’s lobby, and of other riders as your guests. Remember, a little elevator etiquette goes a long way.

Now, enjoy the ride!

Jane Herman is a communications consultant who provides communications solutions for a diverse range of clients and has written about food, fashion, apartment living and personal finance for several publications.

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APRIL 15 - 29, 2017 | NEW CONDO GUIDE 59

COURTESY OF TORONTO INTERIOR DESIGN GROUP, PHOTOGRAPHED BY GILLIAN JACKSON; (BOTTOM RIGHT) PHOTO COURTESY OF METROPOLITAN HARDWOOD FLOORS

Inspiration | DESIGNER ADVICE

Hit the

FLOOR

By Yanic Simard

60 YPNEXTHOME.CA

CHOOSING BEAUTIFUL NEW WOOD FLOORING can dramatically

Diagonal

change the mood of your condo interior – brightening, deepening, modernizing or warming up your decor, and more! However, after you’ve decided between material compositions and tantalizing tones, there is another huge decision to make – one that can make or break the impact of your important investment: the layout.

Here’s my guide to choosing the right installation pattern to suit your space, so that regardless of what material you choose, you make the most of it!

A variation on a straight layout, a diagonal layout either follows one angled wall (if your unit has a less typical shape) or simply runs from corner to corner of the largest room, refusing to be tied down to any wall at all!

A diagonal layout takes the lengthening power of a straight lay and maximizes it, creating the longest line possible to highlight the full size of an open plan. Diagonal lines also naturally create a dynamic energy, helping the eye move about the space for a livelier atmosphere.

Because a diagonal layout meets all or most walls at an angle, more cuts will need to be made, and the room for error will be higher, lengthening the construction time (and making work tricky for DIY installers).

This look works well in more complex floor plans with no one “best” wall to start from, and elegantly connects adjacent spaces.

Straight The most common layout for flooring planks, a straight pattern is typically the easiest to do – especially in standard rectangular or nearly rectangular spaces. In this format, installation usually begins aligned to the longest straight wall, with the planks (or tiles) laid in parallel rows running from one end of the room to the other.

In a straight lay, long lines are created which can help a room to appear longer. The linear format of the boards acts like stripes, visually lengthening that axis of the space.

This layout also typically involves the fewest cuts (since many boards will be installed with no cuts at all), resulting in low material waste and fewer hours of work — perfect for DIYers or those sticking to a strict budget.

Because a straight scheme is so classic, it will never go out of style. However, some other options can create a lot more drama, or extend the illusion of a vast space even further.

TRY THIS

TRY THIS

Rather than running the diagonal line directly from corner to corner, use a simple 45-degree angle to keep all the cuts consistent.

If a space is actually too long or narrow, like a tight hallway or kitchen, laying the boards or tiles perpendicular to the long axis will help widen the look instead of lengthening it even further, bringing proportion to the space.

COURTESY OF TORONTO INTERIOR DESIGN GROUP, PHOTOGRAPHED BY GILLIAN JACKSON; (BOTTOM RIGHT) PHOTO COURTESY OF METROPOLITAN HARDWOOD FLOORS

Choosing beautiful new wood flooring can dramatically change the mood of your condo interior – brightening, deepening, modernizing or warming up your decor

61

Herringbone A herringbone pattern is both a traditional staple and a returned trend, making it a popular choice for creating that high-end look. It’s important though to understand the differences between true herringbone and it’s cousin, the “chevron” pattern. The primary difference between the two variations comes down to cutting: a herringbone layout places boards at right angles to each other, creating repeated zigzag patterns that recall the weave of a classic suiting material. Chevron layouts create the same zig-zag, but with the boards cut to meet at a 45-degree angle, for a more clean and contemporary effect.

Both of these patterns create a bold statement and a powerful feeling of motion.

The preference for chevron’s crisp perfection or herringbone’s more subtle charm comes down to personal taste.

This installation naturally requires more time and patience to achieve than the previous two options. However, the extra cost can be balanced by choosing a less expensive material and letting the layout deliver the drama.

PHOTO COURTESY OF METROPOLITAN HARDWOOD FLOORS

TRY THIS

Consider a herringbone treatment for just a key area, such as an entry vestibule or bathroom tile, to create a moment of interest without committing to the look everywhere.

Complex While it’s often considered safe to stick to the popular stand-bys, unique designs can have their place in your contemporary condo if you keep an open mind. Here are a few more ideas to get your creative flooring juices flowing: » In a square room, try a square layout: let the wood start from the edges and work into the centre in concentric layers (meeting at a 45-degree angle in the corners. Just make sure the installer plans ahead to achieve a perfect centrepoint! This look is ideal for a dining area with a central table. » An inset tile treatment can make a perfect visual break in an entryway or kitchen, and will stand up to mucky winter boots or the occasional dropped pot.

» Patterns will read as more intentional when applied at a larger scale, so if you’re planning a playful parquet consider using a larger plank to keep the look less busy and more confident. » If your unit is L-shaped (especially if the bend is a more unusual angle), you can change the flooring direction at the intersection – just don’t change it more than once if you can help it, so the look stays mostly consistent.

Celebrity designer Yanic Simard is New Condo Guide’s design editor, principal designer of award-winning, boutique firm Toronto Interior Design Group (tidg.ca), and regular design expert on City’s Cityline. @yanicsimard

62 YPNEXTHOME.CA

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APRIL 15 - 29, 2017 | NEW CONDO GUIDE 63

Trending

Weekend bike adventures in Toronto this spring

By Nicole Gottselig

WANT TO EXPERIENCE TORONTO on two wheels? Peddle off the well-paved tourist path and explore these 10 ‘hoods in one weekend.

Day 1 9 a.m. to lunch: Market breakfast, history and a slice of Mexico in Old Toronto Start early and make your way to Old Toronto for breakfast at St. Lawrence Market. Hit up the Carousel Bakery for the iconic peameal bacon sandwich (a local and celeb chef fave), or a Montreal-style bagel with cream cheese from St. Urbain Bagel Bar. Once you’ve had your fill, cruise to The Distillery Historic District where 64 YPNEXTHOME.CA

modern meets old-world European charm. Stroll the cobblestone streets, gaze at industrial architecture and lose track of time in more than 80 unique shops and boutiques.

Before leaving, refuel on the spacious El Catrin patio with wood beams, gorgeous brick and shiny circular industrial light fixtures as your backdrop. Start with some killer guac and a side of crickets (if you dare) before moving on to the crispy cod tacos and a michelada.

1 p.m. to 5 p.m.: Lakeside views, cupcakes in The Beaches and pints on The Danforth If you haven’t been swallowed up

by The Distillery’s charm, hop back

on your bike and head toward the Waterfront Trail. Pedal eastward to The Beaches neighbourhood. The further you go down the trail, the more you’ll feel like you’ve entered a lush, lakeside town miles away from the city.

Make a pit stop on the grass and soak up the sun before making your way north to Queen Street East (between Coxwell Avenue and Victoria Park Avenue). Stroll the strip and absorb the cosy vibe over bites of rich vegan vanilla “butter-cream” cupcakes on the patio at Tori’s Bakeshop, a top pick for locals.

Continue your cruise of edgy Queen East to Woodbine and head toward The Danforth, Toronto’s Greektown.

Stop in at local dive bar The Only

Cafe for a pint of one 24 beers on tap before heading back to the sprawling back patio to savour slow sips and easy conversation with the locals.

Before one drink leads to three, hop back to Bloor and head west to the Sherbourne bike path, and south toward the water.

5 p.m. to late: Craft brew, downtown views and West Queen West Once you hit the waterfront bike path, keep riding west. Hit the Amsterdam BrewHouse on Lake Ontario for a wood oven pizza, more craft beer and some of the best views of Toronto’s bustling harbour. Then, back to the waterfront and go west for bird’s eye views of the downtown core and the CN Tower. Keep going until you run out of steam or find the nearest parking dock.

Top off the night by making your way on foot, by taxi, Uber or streetcar to one of the coolest neighbourhoods in the world, according to Vogue: West Queen West. Stay awhile at culture hotel hubs Gladstone and Drake Hotel for a not-your-average night of imbibing, dining and, maybe, dancing.

Day 2 9 a.m. to lunch: Graffiti and architecture gazing in the Entertainment District and the Kensington kaleidoscope Start off in the Entertainment District at Graffiti Alley for a kilometre of high-calibre graffiti, running west from Spadina Avenue to Portland Street (identifiable as the backdrop for Rick Mercer’s infamous rants). Take your time biking and roaming the heart of downtown for views of architectural heavy hitters like the TD Centre, Roy Thomson Hall (go inside if it’s open for a rare perspective of the city’s skyscrapers), TIFF Bell Lightbox and the spaceship-like Art Gallery of Ontario.

Next, poke through the city’s largest Chinatown (there are several) around Dundas and Spadina before entering Toronto’s most unique neighbourhood: Kensington Market.

MORE TRENDING ONLINE ypnexthome.ca/news

From baskets of produce spilling out into the streets to fresh juice stalls, fishmongers, vintage boutiques, cozy cafes and secret bars, the “Market” is a literal feast of the senses. Take plenty of time here to stroll, observe and linger over a very long leisurely patio lunch at one of the many street-facing restaurants to soak it all in.

1 p.m. to 6.p.m.: Art crawl on Dupont and craft beer in The Junction If you can tear yourself away from the Kensington kaleidoscope, head north to the Wallace Emerson neighbourhood and Dupont Street (between Dovercourt and running past Landsdowne) for an afternoon gallery hop. Gallerists galore have resurrected industrial spaces into unique gallery spaces - some of the structures are art unto themselves. Once you’ve had your art fix, keep heading west to The Junction, which some would argue is a contender to hip West Queen West.

If you’ve ever been to Portland, Oregon, you may feel a similar vibe on the street between Dundas West and Keele Street – eclectic, fiercely independent and a tad quirky. Grab a fresh juice to stroll with while browsing

the local wares. Time permitting, pop into the slick exposed-brick beer hall at the Indie Ale House for a signature craft brew.

6 p.m. until late: A slice of Polynesia in Parkdale and bar hop on the Ossington Strip Before the sun starts to set, peddle towards the 400-acre High Park for lush green views in your peripheral vision as you make your way into Parkdale. Stop at The Shameful Tiki Room and enjoy the 1960s Polynesian-vibe with a red-lit rattan backdrop while you try the Blue Hawaii cocktail and Maui coconut shrimp.

Make your way through Parkdale a few more blocks until you hit the parking dock at Queen and Ossington.

Cap off the weekend restaurant and bar hopping on the Ossington strip, one the city’s most coveted spots for unique watering holes cranking out ‘90s hip-hop beats like Baby Huey or a white-picketed fence patio session at Bellwoods Brewery.

This content was originally published on YP.ca. Read more YP travel tips and city guides at yp.ca/tips APRIL 15 - 29, 2017 | NEW CONDO GUIDE 65

Hot Properties

905

Find your next home! This page features a few of the latest properties to keep your eye on in the GTA’s 905 area. Find more properties at ypnexthome.ca

4

LATEST LISTINGS

TH M CITY CONDOS

COSMOS III CONDOMINIUMS By: Liberty Development City: Vaughan Register now for a new condominium coming to the Vaughan Metropolitan Centre. Prices starting from the mid-$200’s. cosmoscondos.ca

new releases and grand openings THE MET By: Plaza City: Vaughan GTA’s newest downtown address across from the new TTC subway station. Towns starting from the high $650’s. pureplaza.com

VISTA FLATS AND TOWNS By: Geranium Homes City: Stouffville The final release of the award-winning Neighbourhoods of Cardinal Point. Prices starting from the high $300’s. vistaflatsandtowns.com

INDIGO CONDOMINIUMS STATIONWEST

previews and registration M CITY CONDOS By: Rogers Real Estate Development & Urban Capital City: Mississauga Coming this spring: the first of nine buildings and soaring 60 storeys, M City’s flagship tower will emerge as the defining landmark of Mississauga’s downtown core, and will stand as the city’s tallest building.

Register today to stay informed. mcitycondos.com

66 YPNEXTHOME.CA

By: Adi Developments City: Burlington Welcome to Burlington’s new design-forward address, in an idyllically located masterplanned community connected to a large central park and the Aldershot GO station.

Register now. adidevelopments.com

By: Pemberton Group City: Maple Live steps from the Maple GO station.

New release of one- and one-bedroomplus-den suite priced from the low $300’s. pembertongroup.com

DANIELS ARC By: Daniels Corporation City: Mississauga Register now for the newest addition to Daniels Erin Mills — a master-planned, mixed-use community. Prices starting from the $300’s. danielsarc.com

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@ypnexthome.ca

Hot Properties

416

Find your next home! This page features a few of the latest properties to keep your eye on in the 416 area. Find more properties at ypnexthome.ca

LATEST LISTINGS

THE PEAK AT EMERALD CITY

PINNACLE ETOBICOKE By: Pinnacle International City: Etobicoke Register now for this new master-planned community coming to the "new city centre," near Kipling Hub, GO station and highways.

PinnacleEtobicoke.ca

VIA BLOOR 2 By: Tridel City: Toronto Following overwhelming response and impressive sales success at phase one, Tridel is now releasing Via Bloor 2. Register now to stay informed.

Tridel.com

SUPERSONIC By: Lindvest City: North York Coming soon: the second tower in Lindvest's North York condominium community at Eglinton Avenue and Don Mills Road. lindvest.com/supersonic

WESTBEACH CONDOMINIUMS By: Marlin Spring City: Toronto Coming soon, WestBeach Condominiums embraces the feel of the neighbourhood in a sleek, contemporary package. Register now.

WestBeachCondos.ca

PLAZA MIDTOWN

previews and registration THE PEAK AT EMERALD CITY By: ELAD Canada City: Toronto Enjoy life above it all, in the Fairview Mall community, steps from the Don Mills subway.

EmeraldCityLife.ca

By: Plaza City: Toronto One- to three-bedroom condo suites, plus two- and three-bedroom towns coming soon. Register now to stay informed.

PurePlaza.com

HALO By: Cresford Developments City: Toronto A striking new condo is coming to Yonge and College, inspired by the look and luxury of Baccarat. Register now.

HaloResidences.com

new releases and grand openings HEARTWOOD By: Fieldgate Urban & Hullmark Developments Ltd. City: The Beach, Toronto New six-storey boutique residence of 43 exclusive suites coming to The Beach. New suite designs. Construction starting soon.

HeartwoodTheBeach.com

HOME By: Great Gulf & Hullmark Developments City: Toronto Sales centre now open! Located at the corner of Power and Adelaide, "home" will consist of two highrise towers, with amenities focused on artistry and innovation. homeonpower.com

AQUABELLA By: Tridel & Hines City: Toronto Luxurious Terrace Collection now available at Bayside’s newest condo, Aquabella. Suites from 1,767 to over 4,000 sq. ft. tridel.com

THE FOXBAR COLLECTION AT BLUE DIAMOND By: Camrost Felcorp City: Toronto A new release of spacious two- and threebedroom luxury suites and townhomes.

Prices starting from the mid-$800's. thefoxbar.ca

AYC CONDOS By: Metropia City: Toronto Now open! Condo residences and townhomes coming soon, where The Annex and Yorkville meet. ayccondos.com

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@ypnexthome.ca

APRIL 15 - 29, 2017 | NEW CONDO GUIDE 67

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A B C D

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torontoregionalmaps: Toronto, East York, York

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68

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

# Builder Site Telephone TH* C* Price Range Page Finder 9 LAMB DEVELOPMENT CORP. Flatiron Lofts 416-368-5262 45 19L 9 LAMB DEVELOPMENT CORP. Work Lofts 416-368-5262 45 19L 11 MENKES DEVELOPMENTS INC. 365 Church 416-591-7700 • from $520,000 Insert 14I 18 URBAN CAPITAL Harris Square rivercitytoronto.com • • 29 18L 18 URBAN CAPITAL Harris Square rivercitytoronto.com • • 29 18L 34 MENKES DEVELOPMENTS INC. Fleur menkes.com • • Insert 16L 35 MENKES DEVELOPMENTS INC. 87 Peter 416-591-7700 • from $820,000 Insert 15M The Eglinton Yonge at Heart 416-591-7700 • from $320,000 Insert 15D 35 MENKES DEVELOPMENTS INC. Halo Residences on Yonge 416-485-3000 • from $300,000 IBC 16K 49 CRESFORD DEVELOPMENT CORP. 50 CRESFORD DEVELOPMENT CORP. VOX 416-485-3000 • IBC 15J 50 TRIDEL CORPORATION Bloor Promenade tride.com • IFC 23F 52 CRESFORD DEVELOPMENT CORP. CASA III 416-486-2272 • from $995,000 IBC 15L 52 CRESFORD DEVELOPMENT CORP. CASA II 416-486-2272 • from $2000,000 IBC 15L 64 LAMB DEVELOPMENT CORP. Wellington House 416-368-5262 from $442,000 19 14M 104 CRESFORD DEVELOPMENT CORP. The Clover on Yonge 416-485-3000 • IBC 14J 149 CAMROST - FELCORP Blue Diamond at Imperial Plaza 416-925-2501 • from $390,000 1 15I 230 PLAZA Plaza Midtown pureplaza.com • 14&15 14E 1 BRANDY LANE HOMES The Davies 416-873-0862 • from $820,000 14I 2 GREAT GULF Yonge+Richmond 416-499-8883 • from $470,000 16K 3 ARAGON PROPERTIES Eighty One Wellesley eightyonewellesley.ca • from $330,000 16J 3 ALTERRA 159SW 159sw.com • from $300,000 16J 5 GRAYWOOD DEVELOPMENTS Scoop Condos scoopcondos.com • from $282,000 19I 8 ROCKPORT GROUP George Condos+Towns 647-351-5050 • from $335,000 22L 9 HARHAY DEVELOPMENTS 875 Queen East 416-694-8750 • from $300,000 19L 10 MARLIN SPRING Canvas Condominium canvascondos.ca • from $250,000 24G 11 TRIDEL CORPORATION Sherwood at Huntington 416-485-1900 • from $1000,000 18G 11 METROPIA AYC Condos ayccondos.com • • from $400,000 14I 12 NORTH DRIVE INVESTMENT The High Park 416-670-3699 • from $400,000 8L 12 NORTH DRIVE INVESTMENT Picnic 416-670-3699 • from $475,000 8L 13 ASPEN RIDGE HOMES The Jack aspenridgehomes.com • from $400,000 14H 14 FIELDGATE URBAN Heartwood the Beach heartwoodthebeach.com • from $490,000 24J 15 TRIDEL CORPORATION 101 Erskine 416-480-0700 • from $386,000 14D 17 ROCKPORT GROUP The Nest 416-223-0003 • from $350,000 11H 18 DUNDEE KILMER DEVELOPMENTS Canary Block Condominiums canaryblock.com • from $350,000 18L 20 MENKES DEVELOPMENTS INC. Fabrik 416-591-7700 • from $590,000 14M 20 MOD DEVELOPMENTS INC. Waterworks waterworkstoronto.com • from $420,000 14M 22 TRIDEL CORPORATION Ten York 416-596-9888 • from $1020,000 12F 22 MATTAMY HOMES Picasso on Richmond 416-495-3549 • from $336,000 14M 25 TRIDEL CORPORATION SQ2 416-661-1949 • from $629,000 15D 26 BAZIS INC. No1 Yorkville 416-519-2911 • from $550,000 15I 26 PLAZA No1 Yorkville 416-519-2911 • from $550,000 15I 28 EMPIRE COMMUNITIES Eau Du Soleil Waterfront Condominiums 416-503-3328 • from $500,000 25B 29 PINNACLE INTERNATIONAL Success Tower at Pinnacle Centre 416-360-0673 • from $880,000 17M 30 BUENA VISTA DEVELOPMENTS Bespoke Towns 419-239-8181 • from $550,000 22J 31 WORSLEY URBAN PARTNERS Totem Condominium 416-792-1877 • from $492,000 15H 32 MADISON HOMES The Madison 416-482-8090 • from $480,000 14E 34 ST. THOMAS DEVELOPMENTS 88 Queen 88queen.com • from $250,000 16L 34 DREAM Ivy Condos 416-306-6484 • • from $320,000 16L 34 THE SHER CORPORATION Ivy Condos 416-306-6484 • • from $320,000 16L 36 NEUDORFER CORPORATION Fuse Condos 416-534-4444 from $260,000 9K 38 GREAT GULF Pace 416-928-2223 • from $310,000 16L 38 EASTON’S GROUP Dundas Square Gardens 416-645-8575 • from $224,000 17K 38 CENTRE COURT DEVELOPMENT Grid Condos 416-477-4743 • from $250,000 17K 40 FERNBROOK HOMES/CITYZEN DEV. Garrison Point garrisonpoint.ca • from $250,000 13N 41 LASH GROUP OF COMPANIES The Barrington Condominiums Flats 416-410-4444 • from $455,000 12H *TH: Townhomes, Highlighted listings are advertised in this issue of Condo Guide. Attention Builders - Want to add your community to our maps?

C: Condo Need to update existing information? Please fax the details to (416) 789-9554 Please refer to page number for complete information.

Builder

Site

Telephone

TH* C* Price Range

Page

Finder

Howard Park 2 416-873-0989 • from $349,000 9L The Upper House Condos in Leaside 416-425-1800 from $350,000 18D Alter 416-645-4599 • from $700,000 16J The PJ 416-596-1600 • from $300,000 15L Yorkville Park mintoyorkvillepark.com • • from $420,000 14J Zigg Condos 416-545-0223 • • from $1300,000 14J Zigg Condos 416-545-0223 • • from $1300,000 14J Yorkville Private Estates 416-484-4371 • • from $2500,000 14J Teahouse 416-861-1111 • from $241,000 16K Stanley 416-546-1502 • from $400,000 16K Aqualina at Bayside Toronto 416-514-2710 • from $336,000 18M Aquavista at Bayside Toronto 416-514-2710 • from $814,000 18M Aquabella Bayside Toronto tridel.com • from $1200,000 18M 11 Wellesley 416-861-1111 • from $435,000 15J Riverside Square 416-466-4466 • from $200,000 19L Monde 416-466-8885 • from $340,000 17M Liberty Central by the Lake - Phase One 416-537-0047 • from $370,000 11F The Selby theselbycondos.com • 16J The Rosedale on Bloor 416-928-9997 • from $220,000 16I The Brant Park 416-368-5262 • from $835,000 14M Enigma on the Park 416-516-1551 • from $236,000 9L Citylights on Broadway 416-546-6605 • from $320,000 14D East Fiftyfive 416-861-9559 • from $360,000 17L East Fiftyfive 416-861-9559 • from $322,000 17L Home Power + Adelaide homeonpower.ca • from $320,000 17L 609 Avenue Road 609avenue.com • from $600,000 14G 609 Avenue Road 609avenue.com • from $600,000 14G 2221 Yonge 647-350-2221 • from $320,000 14D On The Danforth onthedanforthcondo.com • from $251,000 23G Liberty Central by the Lake Two 416-537-0047 • • from $320,000 12N Schoolhouse 416-979-1333 • from $900,000 13I Art Shoppe Condos artshoppecondos.com • from $200,000 14D Distinction Condos 416-489-6444 • from $360,000 14D Distinction Condos 416-489-6444 • from $360,000 14D J Davis House 647-343-3270 • • from $320,000 15F J Davis House jdavishouse.com • • from $320,000 15F One Eleven Condominiums & Lofts 647-351-4111 • from $300,000 13M One Eleven Condominiums & Lofts 647-351-4111 • from $300,000 13M One Bloor Residences 416-922-0081 • from $580,000 15I Seventy Seven Charles Yorkville 416-203-7034 • from $2100,000 14J Ivory On Adelaide 647-341-1731 • from $510,000 17L 158 Front Condominiums 158front.com • from $290,000 17L Exhibit 416-967-7778 • from $560,000 14I Exhibit 416-967-7778 • 14I Exhibit 416-967-7778 • 14I The Urban Townhome Collection 416-277-6695 • from $2500,000 15K The Pinnacle on Adelaide 416-596-1600 • from $367,000 15M Bisha Hotel & Residences 416-637-2211 • from $300,000 16M 88 Scott 416-216-8588 • from $500,000 17M Riverhouse at the Old Mill 416-766-7343 • from $500,000 5L Two Old Mill 416-645-7022 • from $1762,000 5L RCM I on University 647-351-9247 • from $515,000 14M The Berwick 416-922-9425 from $536,000 14E The Mercer 416-597-6940 • from $440,000 15M Imperial Plaza 647-346-3799 • from $386,000 15I Cumberland Tower - Yorkville Plaza II 416-966-3003 • from $350,000 15I The Foxbar Collection at Blue Diamond thefoxbar.ca • • from $900,000 15I Studio on Richmond 647-352-7736 • from $300,000 15M 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 The Bond Condominiums 416-546-7525 • • from $409,000 15G L Tower 416-777-2533 • from $490,000 17L Time and Space Condominiums pembertongroup.com • 17L Perspective Condos 416-242-3500 from $300,000 4H Neon 416-987-7878 • from $400,000 14D 1000 Bay 416-485-3000 • 15J 90 Niagara 416-981-0036 from $410,000 14O James 416-214-9900 from $317,000 14O SIXTY Colborne 416-601-0060 • from $496,000 16L SIXTY Colborne 416-598-7775 • from $300,000 16L Upper Beach Townes 416-693-7500 • from $551,000 24G The Massey Tower 416-966-0197 • • from $332,000 16L Canary District Condominiums 416-603-7576 • from $335,000 18L Canary Park Condominiums 416-603-7576 • from $242,000 18L TEN93 Queen West 905-326-4100 • from $280,000 12F TEN93 Queen West 416-546-6355 • from $380,000 12F Epic pureplaza.com • from $351,000 12F Smart House 416-292-0219 • from $442,000 15L Smart House 416-292-0219 • from $472,000 15L Duke Condos junctionlife.ca from $290,000 8K King Charlotte 416-368-5262 • from $435,000 15M Theatre Park 416-368-5262 • from $1990,000 16M The Harlowe 416-368-5262 • from $469,000 15M Form tridel.com 15L Empire Midtown empiremidtowncondo.com • from $300,000 10F Eight Cumberland 8cumberland.ca • from $400,000 15I Eight Cumberland 8cumberland.ca • from $400,000 15I St. Lawrence Condos stlawrencecondos.ca • from $280,000 17L YSL 416-483-3000 • 16K The Wyatt Condominium Suites 416-955-0559 • from $220,000 18J Via Bloor 416-649-2500 • 17I Via Bloor 2 tride.com • 17I West Beach WestBeachCondos.ca • from $290,000 23J

*TH: Townhomes, Highlighted listings are advertised in this issue of Condo Guide. Attention Builders - Want to add your community to our maps?

C: Condo Need to update existing information? Please fax the details to (416) 789-9554 Please refer to page number for complete information.

torontoregionalmaps: Toronto, East York, York

#

42 TRIUMPH DEVELOPMENTS 43 K-CAP LAIRD INC. 44 TRIDEL CORPORATION 47 PINNACLE INTERNATIONAL 48 MINTO COMMUNITIES INC. 48 MADISON HOMES 48 FIELDGATE HOMES 48 CAMROST - FELCORP 49 LANTERRA DEVELOPMENTS 49 TRIBUTE COMMUNITIES 51 TRIDEL CORPORATION 51 TRIDEL CORPORATION 51 TRIDEL CORPORATION 53 LANTERRA DEVELOPMENTS 56 STREETCAR DEVELOPMENT 58 GREAT GULF 60 CANALFA GROUP 63 FERNBROOK HOMES/CITYZEN DEV. 63 THE GUPTA GROUP 64 LAMB DEVELOPMENT CORP. 65 ARAGON PROPERTIES 67 PEMBERTON GROUP 68 LAMB DEVELOPMENT CORP. 68 HYDE PARK 68 GREAT GULF 70 STATE BUILDING GROUP 70 MADISON HOMES 71 TOWER HILL DEVELOPMENT CORPORATION 73 DIAM DEVELOPMENTS 75 CANALFA GROUP 78 EMPIRE COMMUNITIES 79 FREED 79 LASH GROUP OF COMPANIES 79 LASH GROUP OF COMPANIES 80 MATTAMY HOMES 80 BIDDINGTON HOMES 85 HARHAY DEVELOPMENTS 85 CARTTERA 99 GREAT GULF 104 ASPEN RIDGE HOMES 114 PLAZA 114 FERNBROOK HOMES/CITYZEN DEV. 117 BAZIS INC. 117 METROPIA 117 PLAZA 118 PEMBERTON GROUP 124 PINNACLE INTERNATIONAL 128 LIFETIME DEVELOPMENTS 129 CONCERT PROPERTIES 131 LANTERRA DEVELOPMENTS 131 TRIDEL CORPORATION 133 TRIBUTE COMMUNITIES 142 ANDRIN HOMES 148 GRAYWOOD/BEAVERHALL DEVELOPMENT 149 CAMROST - FELCORP 149 CAMROST - FELCORP 149 CAMROST - FELCORP 150 ASPEN RIDGE HOMES 153 URBAN CAPITAL 153 MALIBU INVESTMENTS INC. 153 ALIT DEVELOPMENTS 155 LIFETIME DEVELOPMENTS 157 CASTLEPOINT/CITYZEN/FERNBROOK 157 PEMBERTON GROUP 162 PIANOSI DEVELOPMENTS 185 PEMBERTON GROUP 190 CRESFORD DEVELOPMENT CORP. 199 FIELDGATE HOMES 199 BRAD J. LAMB REALTY 200 FREED 200 CARTTERA 201 SOLOTEX 206 MOD DEVELOPMENTS INC. 215 DUNDEE KILMER DEVELOPMENTS 215 DUNDEE KILMER DEVELOPMENTS 217 BAYWOOD HOMES 217 PEMBERTON GROUP 217 PLAZA 218 MALIBU INVESTMENTS INC. 218 URBAN CAPITAL 219 TAS DESIGNBUILD 220 LAMB DEVELOPMENT CORP. 221 LAMB DEVELOPMENT CORP. 222 LAMB DEVELOPMENT CORP. 223 TRIDEL CORPORATION 224 EMPIRE COMMUNITIES 225 GREAT GULF 225 PHANTOM DEVELOPMENTS 226 FERNBROOK HOMES/CITYZEN DEV. 227 CRESFORD DEVELOPMENT CORP. 228 THE DANIELS CORPORATION 229 TRIDEL CORPORATION 229 TRIDEL CORPORATION 231 MARLIN SPRING

69

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

torontoregionalmaps: North York

#

70

Builder

14 DAVPART 95 LINDVEST 121 LIBERTY DEVELOPMENT CORP. 134 ELAD CANADA 1 CONCORD ADEX 2 DEVRON DEVELOPMENTS 3 YYZED PROJECT MANAGEMENT 3 TIFFANY PARK HOMES 4 TRIDEL CORPORATION 5 LINDVEST 6 CONCORD ADEX 6 CONCORD ADEX 7 FRAM BUILDING GROUP 8 BAZIS INC. 9 SORBARA GROUP 10 LANTERRA DEVELOPMENTS 10 LANTERRA DEVELOPMENTS 11 MATTAMY HOMES 12 GHODS BUILDERS INC. 13 CASTLE GROUP DEVELOPMENTS 13 LIBERTY DEVELOPMENT CORP. 13 CONCORD ADEX 15 PHANTOM DEVELOPMENTS 16 URBAN CAPITAL 16 ALIT DEVELOPMENTS 17 CHESTNUT HILL DEVELOPMENT 17 HAVEN DEVELOPMENTS 18 KUBO DEVELOPMENTS 19 MADISON HOMES 20 MALIBU INVESTMENTS INC. 21 TRIDEL CORPORATION 22 TRIDEL CORPORATION 28 TRIDEL CORPORATION 33 LATCH DEVELOPMENTS 33 FIRST AVENUE PROPERTIES 34 DIAMANTE DEVELOPMENT CORP. 34 G GROUP DEVELOPMENT CORP 37 NORSTAR GROUP OF COMPANIES 50 DEVRON DEVELOPMENTS 95 ASPEN RIDGE HOMES 95 LINDVEST 96 ELAD CANADA 96 ELAD CANADA 96 ELAD CANADA 96 ELAD CANADA 122 LANTERRA DEVELOPMENTS 122 LANTERRA DEVELOPMENTS 122 LANTERRA DEVELOPMENTS 123 BRANDY LANE HOMES 124 TRIDEL CORPORATION 124 TRIDEL CORPORATION 125 FRAM BUILDING GROUP 130 TRIBUTE COMMUNITIES 132 FRAM BUILDING GROUP/CADILLAC FAIRVIEW

Site

Telephone TH* C* Price Range

Page

Finder

Avro Condominiums avrocondos.com • from $220,000 43 12C Super Sonic lindvest.com/supersonic • from $320,000 13 23G World on Yonge 905-771-7010 • 26 18A The Peak Emerald City emeraldcitylife.ca • from $300,000 23 24D Opus 416-813-2999 • • 22C The Vanguard vanguardto.com • 18A VISTO vistocondos.ca from $267,000 8E Westhaven 416-792-6655 • from $633,000 23G Aristo at Avonshire 416-730-0300 • from $391,000 18D The Brownstones at Westown lindvest.com from $250,000 4C Tango2 at Concord Park Place 416-813-2999 • from $265,000 22C Omega On The Park 416-813-2999 • • from $200,000 22C SOUL mysoulcondos.ca from $250,000 25C Estates on Bayview estatesonbayview.com • from $1950,000 19D Beacon beaconcondos.ca • from $368,000 17C Rodeo Drive Condominiums rodeodrivecondos.com • 22F Rodeo Drive 2 Condominiums rodeodrivecondos.com • 22F Downsview Park Boutique Condos mattamyhomes.com • • 10D 5959 Yonge Street 416-222-5959 • from $302,000 18A Vida at Bayview Village 416-304-1212 from $250,000 20D The Village Residences 647-622-8408 • 20D Seasons Condominiums concordseasons.ca • 20D Tea Garden Condos teagardencondos.com • from $200,000 19C The Ravine 416-850-2489 • • from $268,000 25E The Ravine 416-850-2489 • • from $250,000 25E Lotus Condominiums 416-222-8338 • from $306,000 19C SIX 25 BV six25bv.com • from $250,000 19C Marquette Urban Towns 416-551-9767 • from $250,000 14E Briar Hill madisonhomes.ca • • from $400,000 12F Southside Residences at Gramercy Park 416-703-2202 • from $290,000 13E Argento 416-663-1818 • from $370,000 22E Scala 416-730-0300 • from $300,000 22C Alto at Atria 416-645-8866 • from $334,000 25D The Bennett on Bayview thebennettcondos.com • from $250,000 17B The Bennett on Bayview thebennettcondos.com • from $250,000 17B The Diamond Condominiums on Yonge 416-961-8008 • from $268,000 17C Ellie Condos elliecondos.com • from $250,000 17C Portrait Condominiums 416-282-9600 • from $255,000 13C Flo Condominiums 647-799-0356 • from $322,000 18C Scenic on Eglinton 416-805-1781 • from $300,000 23G Sonic lindvest.com/sonic • from $212,000 23G Dreamtower At Emerald City 416-492-0001 • from $367,000 24C The Colours of Emerald City coloursofemeraldcity.com • from $290,000 24C Fifth on the Park 416-492-0001 • from $290,000 24C The Park Club Emerald City theparkclub.ca • from $290,000 24C Treviso Condominiums 416-787-8882 • from $203,000 12F Treviso II 416-787-8882 • from $263,000 12F Treviso III 416-787-8882 • from $250,000 12F The Station 416-398-9777 • from $467,000 12D Trio at Atria 416-645-8866 from $271,000 24C Parfait at Atria tridel.com 24C LIV Lofts 416-445-5638 • from $250,000 22F Canterbury 647-352-2130 • • from $951,000 19F Flaire Condos 416-445-8868 • from $305,000 22F

*TH: Townhomes, Highlighted listings are advertised in this issue of Condo Guide.

C: Condo 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

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Av e

40

Dixon Rd Scarl

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Islington Ave

Kipling Ave

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50 8

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2

Horner Ave

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Park Lawn

73

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Royal York Rd

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28

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427

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Manse Rd

Orton Park Rd

Bellamy Rd

McCowan Rd

Brimley Rd

Victoria Park

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

Scarborough Golf Rd

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Brim

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Markham Rd

Kennedy Rd

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Sheppard Ave E

Morrish Rd

Progress Ave

3 Lawrence Ave E Rd

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Pharmacy Rd

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Ellesmere Rd

401 Midland Ave

401

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Milner Ave

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Sheppard Ave E 26

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Passmore Ave

Meadowvale Rd

Huntingwood Dr

Reesor Rd

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B

Sewells Rd

Neilson Rd

McNicoll Ave

Tapscott Rd

McCowan Rd

A

21 22 23 24 25 26

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6 19 24 17 18

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Lakeshore Blvd W

# 7 57 1 2 3 4 5 6 8 8 9 10 10 11 13 14 14 14 16 17 18 19 21 22 23 24 26 27 28 30 34 39 39 44 50 50 55 55 55 56 61 71 71 72 73

Builder URBAN CAPITAL PINNACLE INTERNATIONAL INSOHO DEVELOPMENTS STANTON RENAISSANCE LALU CANADA YOUR HOME DEVELOPMENTS VANDYK GROUP OF COMPANIES CONSERVATORY GROUP TRIDEL CORPORATION TRIDEL CORPORATION WILKINSON DEVELOPMENTS LASH GROUP OF COMPANIES CARTTERA SCOLLARD DEVELOPMENT OPEARL DEVELOPMENTS INFINITY DEVELOPMENTS LAURIER HOMES MUTUAL DEVELOPMENTS CONCERT PROPERTIES TIMES GROUP CORP. MATTAMY HOMES ICON HOMES MENKES DEVELOPMENTS INC. MENKES DEVELOPMENTS INC. CITYCORE DAVIES SMITH GEMTERRA GLOBAL KINGDOM MINISTRIES LIBERTY DEVELOPMENT CORP. TERRANATA DEVELOPMENTS INC. EDILCAN DEVELOPMENT CORP. MATTAMY HOMES MATTAMY HOMES TRIDEL CORPORATION PEMBERTON GROUP NORTH STAR HOMES TRIDEL CORPORATION TRIDEL CORPORATION TRIDEL CORPORATION PHANTOM DEVELOPMENTS VHL DEVELOPMENTS LTD. LASH GROUP OF COMPANIES LASH GROUP OF COMPANIES SAMM DEVELOPMENTS HI-RISE (WEST) INC.

torontoregionalmaps: Scarborough, Etobicoke

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

Site Telephone TH* C* Price Range Page Finder Queensway Park queenswaypark.ca • 25 23G Pinnacle Etobicoke 416-596-1600 • from $300,000 3 22G Imagine Condos 416-367-7303 from $235,000 4F On The Go Mimico 647-692-8417 • from $200,000 23H Evo Condos + Towns evocondos.com • from $220,000 3D Sweet Life Condos 647-351-5440 • from $200,000 10E Backyard Neighbourhood Condos backyardcondos.com from $250,000 24G Altitude 416-321-1659 • from $230,000 25H Islington Terrace 416-645-8862 • from $250,000 23F Bloor Vista at Islington Terrace 416-645-8862 • from $250,000 23F Hunt Club Terrace 416-698-3020 • 2H Cloud 9 Condominiums 416-747-0199 • from $240,000 22B Cloud 9 Condominiums 416-747-0199 • from $240,000 22B Guildwood 416-266-3655 • from $200,000 8F Sail Condominiums sailcondos.ca • 2C Residences at The Hunt Club 416-699-1711 • from $300,000 2G Upper Beach Club upperbeachclub.com • from $390,000 2G Upper Beach Club upperbeachclub.com • from $390,000 2G The KIP District thekipdistrict.com • from $250,000 22F Key West Condominium keywesttorontocondo.com from $320,000 25H Lago 647-347-5930 • from $744,000 25C Royal York Urban Towns 416-901-0206 • from $220,000 24H Dwell City Towns 416-259-2525 • from $390,000 20F Humber Mews 416-259-2525 • from $550,000 20H Harmony Village 416-493-0123 • 2C Eleven Superior 416-259-8882 • from $311,000 24H Joy Condos joycondos.com • from $220,000 4C Trinity Ravine Towers 647-876-5433 • from $200,000 7D Terrace on Danforth 416-987-7575 • 2G The Step 416-798-7070 • from $145,000 23B Triumph at Valhalla 416-233-5554 • from $250,000 21F Waterscapes 416-495-3544 • from $414,000 26H Waterscapes 416-495-3544 • from $400,000 26H West Village 416-620-1887 • from $386,000 20F Vivid Condos 416-239-8200 • from $391,000 23F Connexion at Islington northstarhomesinc.com • from $300,000 23F Avani At Metrogate 416-293-5535 • from $309,000 4C Avani 2 At Metrogate 416-293-5535 • from $250,000 4C Selene Metrogate 416-293-5535 • from $280,000 4C Jade Condominiums 416-762-8818 • from $305,000 25G Haven On The Bluffs 416-2611-9555 • from $292,000 3E Me Condos 416-430-0003 • from $250,000 8D Me 2 Condos 416-630-9393 • from $250,000 8D The Kennedys Condominiums KennedyCondos.com • from $220,000 4C Spice Urban Towns 416-932-3443 • from $390,000 2G

*TH: Townhomes, Attention Builders - Want to add your community to our maps?

Highlighted listings are advertised in this issue of Condo C: Condo Guide. Please refer to page number for complete information. Need to update existing information? Please fax the details to (416) 789-9554

71

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waterfrontmaps: TORONTO

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

72

#

Builder

Site

Telephone TH* C* Price Range

1

MENKES DEVELOPMENTS INC.

Harbour Plaza

416-591-7700 •

from $2,100,000

3

MATTAMY HOMES

Vita On The Lake

mattamyhomes.com •

Page

Finder

Insert

14F

from $350,000

BC

2F

15 THE DANIELS CORPORATION

Lighthouse East Tower Condominium Residences 416-221-3939

• from $300,000

9

16F

2

Concord Adex

The Lakefront

thelakefront.ca

•

12F

4

TRIDEL CORPORATION

Aquabella Bayside Toronto

tridel.com • from $1200,000 16E

4

TRIDEL CORPORATION

Aqualina at Bayside Toronto

416-514-2710

• from $336,000 16E

4

TRIDEL CORPORATION

AquaVista at Bayside Toronto

416-514-2710

• from $814,000 16E

5

CONCORD ADEX

Exchange Condos

exchangecondos.ca

•

12F

10 GREAT GULF

Twenty Lombard

416-499-8883

• from $543,000

16K

58 GREAT GULF

Monde

416-466-8885 •

• from $340,000

17E

60 CANALFA GROUP

Liberty Central by the Lake Two

416-537-0047

• from $320,000

11F

*TH: Townhomes, C: Condo

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

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

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

W

Rathburn Rd

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6

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647-692-8417 • 48

Lake

og

Scug

Page

Scugog

Manvers Finder

from $200,000 23C

King

Newcastle

Schomberg Eleven Superior

416-259-8882 •

from $311,000 23C Whitby

Oshawa

401

5

DAVIES SMITH

Hearthstone by the Bay

416-259-4466 • 24C

6

SCOLLARD DEVELOPMENT CORP.

Boathaus

boathaus.ca • from $198,000 22I

11 MATTAMY HOMES

Waterscapes

416-495-3544 • from $414,000 13B

18 MATTAMY HOMES

Riva Del Lago

647-347-5930

28 EMPIRE COMMUNITIES

Eau Du Soleil - Waterfront Condominiums

416-503-3328 • from $500,000

*TH: Townhomes, C: Condo

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

• from $806,000 24C

25B

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

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

waterfrontmaps: GTA

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Sid er

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

ra

Rd

#

Builder

Site

Telephone TH* C*

Price Range

Page

Finder

Affinity Condominiums

17 PEMBERTON GROUP

Mills Square

pembertongroup.com • from $300,000

craftsmancondos.com from $310,000 21N

289-337-5937 • from $320,000

39

5N

6 18M

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

11 ROSEHAVEN HOMES

1

VANDYK GROUP OF COMPANIES

The Craftsman

2

THE DANIELS CORPORATION

Olivia Marie Gardens

905-874-8880

3 CASTLERIDGE HOMES

The Clairington

905-793-0002 • from $230,000 16E

3

PINNACLE INTERNATIONAL

The Marquee Townhomes on the Park

4

CONSERVATORY GROUP

Mirage

905-232-2400 • from $260,000 20K

5

AMACON

Block Nine

905-273-9333 • from $200,000 20L

5

URBAN CAPITAL

M City

6

MATTAMY HOMES

The Residences of Creekshore Common

7

SYMMETRY DEVELOPMENTS

Lake & East Condominium Residences

9

EMPIRE COMMUNITIES

Empire Rain and Senses

905-845-7246 • 17Q

10 AMACON

The Residences at Parkside Village

905-273-9333 • 21K

11 ADI DEVELOPMENT GROUP

Station West

11 ADI DEVELOPMENT GROUP

The West Condominiums at Stationwest adidevelopments.com • from $190,000 5N

12 SPALLACCI HOMES

101 Locke Condos

13 GREAT GULF

The Chelsea

14 PEMBERTON GROUP

Rosedale Village Golf & Country Club

15 ADI DEVELOPMENT GROUP

Link2 Condos+Lofts

905-592-2028 • from $225,000 5M

16 VANDYK GROUP OF COMPANIES

Windows on the Green

905-822-3333 from $410,000 19N

17 PEMBERTON GROUP

Downtown Erin Mills Condominiums

905-630-6300 • from $320,000 18M

17 PEMBERTON GROUP

Downtown Erin Mills Condominiums Tower 2

19 METROLY DEVELOPMENTS

The 6ixth

the6ixthtowns.com • from $300,000 16P

20 CARRIAGE GATE HOMES

The Berkeley Downtown Burlington

theberkeleycondo.com • from $340,000 5M

21 VALERY HOMES

Royal Connaught Phase II

royalconnaught.com • from $300,000 5N

21 SPALLACCI HOMES

Royal Connaught Phase II

royalconnaught.com • from $300,000 5N

30 PINNACLE INTERNATIONAL

Pinnacle Grand Park 2

905-276-3981 • from $266,000 20L

30 PINNACLE INTERNATIONAL

Pinnacle Grand Park

905-276-3981 • from $300,000 20L

34 PINNACLE INTERNATIONAL

Pinnacle Uptown

905-568-9000 • from $300,000 19K

46 THE DANIELS CORPORATION

Daniels City Centre

905-819-8889 • 20L

47 THE DANIELS CORPORATION

ARC Daniels Erin Mills

905-306-6996 • from $300,000 17M

• from $200,000 14K

905-568-9000 • from $720,000 20K

mcitycondos.com • from $220,000 20L mattamyhomes.com

• from $406,000 14R

lakeandeast.com • from $350,000 16S

adidevelopments.com • from $200,000 5N

101lockecondos.com

• 5N

905-844-1605 • from $220,000 16P 905-799-5000

•

• from $204,000 13F

905-603-6300 • from $320,000 18M

SEARCH ONLINE ypnexthome.ca *TH: Townhomes, Attention Builders - Want to add your community to our maps?

Highlighted listings are advertised in this issue of Condo C: Condo Guide. Please refer to page number for complete information. Need to update existing information? Please fax the details to (416) 789-9554

75

WhitechurchStouffville

A

East

Mt Albert Rd

Millard St

Yo

Legacy Park

15 GERANIUM HOMES

Pace on Main

31 PEMBERTON GROUP

Yonge Parc

32 LIBERTY DEVELOPMENT CORP.

Royal Gardens

5

7 407

11 Concess ion R

13 LIBERTY DEVELOPMENT CORP.

10 Concess ion R

Steeles Ave E

Site

9 Line

Builder

Hwy. 48 le Dr

14 Ave

Town of Markham

Raymervil

Rd

e

#

34

Bullock Dr Hwy 7

Aldergrove Dr

n

de

Al

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

Steeles Ave W

3 407

404

Major Mackenzie Main St S

8

7 17

404 St

45

Kennedy Rd

John

Warden Av e

e

Clark Ave W

18 Ave

16 Ave Carlton Rd

Ave

32

Thornhill Henderson Av

13

Yonge St

Centre St

31

16th Ave.

Woodbin e

e Av

1

7 49 407

Cachet Pkwy

4

rn Ave

n to

Denham Dr

ng Isli t nce S Clare Kipling Av

50

46 44 48

43 10

Strathea

Weldrick Rd W

7 Langstaff Rd

Elgin Mills Rd

Major MacKenzie

Richmond Hill

Rutherford Rd

11 40

401

404

Leslie St

Regent St Mill St

Elgin Mills Rd Neal Dr

St

Maple

rkland St

Bathurst

St

9

400

19th Ave.

Gamble Rd

n

407

16

19 Ave McCowan Rd

2 15 Dufferin

Huntingto

7

To wn of O sh awa

401 401

Rd

Hwy. 27

Yonge St

McCowan

Stouffville Rd

E

G

City of Pickerin g

Key Maps

To wn of W hitby

Jefferson Sideroad

19 Ave

41

To wn of Ajax

21 22 23 24 25 26

Bethesda Sideroad

Major Mackenzie

F

Leslie St

n Rd

6

48

Keele St

Teston Rd

King Rd

Bloomington Rd

y Cr

D

Nashville Rd

Jane St

Weston Rd

Pine Valle

k Rd

Kirby Rd

404

400

Vandorf Sideroad Kennedy Rd

Woodbin e Ave

King-Vaughan Rd

C

McCowan Rd

Aurora Rd

Warden Ave

B

Bayview Ave

9 Concessio

Vivian Rd

St John's Sideroad

Langstaff Rd

76

47

Bloomington Sideroad

Cold Cree

12 Line Rd

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

1 2 3 4 5 6 7 8 Town9 of 10 11 12 13 14 15 16 17 18 19 20

Page

Finder

Markham

Denison St

Telephone TH* C* Price Range

905-731-8302 • 26 10G geranium.com • from $520,000

47

10C

pembertongroup.com • 7

12F

905-889-9997 • 26

15F

1

LIBERTY DEVELOPMENT CORP.

Cosmos III Condominiums

2

ROYAL PINE HOMES

Hampton Place

cosmoscondos.ca • 6G

2

GERANIUM HOMES

Vista Flats and Towns at Cardinal Point

3

TRIBUTE COMMUNITIES

Varley

905-604-1477 • from $550,000 19F

4

TRIDEL CORPORATION

Renaissance of Richmond Hill

416-736-9500 • from $795,000 14E

5

LINDVEST

Grand Cornell Brownstones in Markham

6

ARMOUR HEIGHTS DEVELOPMENTS

The Sorrento

8

WYVIEW GROUP

Unionville gardens

9

PEMBERTON GROUP

Indigo Condiminiums

royalpinecondos.com • from $390,000 9C geraniumhomes.com • from $390,000 9C

905-294-6161 from $340,000 23F 289-637-1777 • from $400,000 13B

unionvillegardens.com • from $200,000 18F 905-553-1430 • from $450,000 9E

10 GREAT LANDS CORP.

The Beverly Hills Resort Residences 905-882-6636

11 DUKA DEVELOPMENTS

Oggi Boutique Townhomes

• from $277,000 12E

16 PODIUM DEVELOPMENTS

University Studios

17 REMINGTON GROUP

York Condos Downtown Markham

905-948-9900 • from $650,000 1&F

31 PEMBERTON GROUP

Sky City

905-709-5700 • from $300,000 12F

31 PEMBERTON GROUP

Sky City 2

905-709-5700 • from $350,000 12F

32 45 CHARLES LTD.

Royal Gardens

905-889-9997 • from $303,000 15F

32 SIGNATURE COMMUNITIES

TAO Boutique Condos

905-597-2535 • from $364,000 15F

34 SIERRA HOMES

68 Main Street

905-305-0822 • from $250,000 21E

40 NOVA TRIMAX

Allegra

905-850-6866 • from $200,000 1F

41 QUADCAM DEVELOPMENT GROUP INC

Vista Parc Condominiums

905-850-8883 • from $200,000 3F

43 G GROUP DEVELOPMENT/GUIZZETTI CORPORATION

Grand Palace

905-907-4370 • from $250,000 12E

43 G GROUP DEVELOPMENT/GUIZZETTI CORPORATION

Grand Palace Phase I

905-907-4370 • 12E

43 G GROUP DEVELOPMENT/GUIZZETTI CORPORATION

Grand Palace Phase II

905-907-4370 • from $250,000 12E

44 LIBERTY DEVELOPMENT CORP.

Centro Square Condos

905-851-8887 • 5F

45 KYLEMORE COMMUNITIES

The 6th Angus Glen

46 PLAZA

The Met

47 TREASURE HILL HOMES

Urban Town Living in Pickering

treasurehill.com

48 THE GUPTA GROUP

Icona Condominiums

theICONA.COM • from $290,000 6G

49 CORTEL GROUP

Nord Condos

oggitowns.com • from $320,000 1G universitystudios.ca • from $150,000 25 B

905-887-9950 • from $625,000 19E pureplaza.com • from $660,000 6F • from $390,000 16A

nordcondos.ca • from $320,000 9F

*TH: Townhomes, Attention Builders - Want to add your community to our maps?

Highlighted listings are advertised in this issue of Condo C: Condo Guide. Please refer to page number for complete information. Need to update existing information? Please fax the details to (416) 789-9554

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Real estate tips, insights & strategies

Canadian

EASTERN ONTARIO EDITION

PROPERTY INVESTOR

大多倫多版 / GREATER TORONTO AREA EDITION

VOLUME 1, ISSUE 1, 2016 FREE

-O PULL UT SEC AL TI CI

N O

SP E

THE RESIDENCES AT ISLAND PARK DRIVE spotlight on condos

INVESTOR DNA

N

DO YOU HAVE WHAT IT TAKES?

IT IE S

CO

FEATURING

DO M

U INIU M COMM

N

MAKING THE GRADE

SCORING AN A+ ON STUDENT HOUSING

THE SAFEST CITIES IN CANADA

HOW TO

SPOT THE NEXT ‘IT’ NEIGHBOURHOOD

AFTER THE SHOW HOCKEY WIVES’ KODETTE LABARBERA TRANSITIONS TO INVESTMENT ARENA

完美家園應有的規範.

INSIDE THIS ISSUE

IN SEARCH OF SUSTAINABLE GROWTH

WHAT’S HOT & TRENDING IN CANADIAN REAL ESTATE

MOVING ON WHEN THE MARRIAGE ENDS

SUMMERLYN VILLAGE | GREAT GULF

01-Cover-NHG.indd 1 2017 Model Home Cal NHG_Cover.indd 1

本期內容

美國人不會搶購 加拿大物業的三個原因

2017 MODEL HOME CALENDAR AN EXCLUSIVE COLLECTION OF THE MOST BEAUTIFUL NEW HOMES

額外套間現已 正式成為新常態

50 TOP 50 PLACES TO INVEST IN

CANADA

+

EXPERT ADVICE: FROM DON CAMPBELL

RESULTS ARE IN!

大多倫多房屋售價 正向周邊的城市擴散

2017 MODEL SUITE CALENDAR AN EXCLUSIVE COLLECTION OF THE MOST BEAUTIFUL CONDOS

RODEO SUITE | LANTERRA DEVELOPMENTS

11/15/16 10:12 AM 11/10/16 2:46 PM

2017 Model Home Cal TCG_Cover.indd 1

2016-11-15 2:43 PM

APRIL 15 - 29, 2017 | NEW CONDO GUIDE 77

INDEX OF ADVERTISERS Biddington - Vita On The Lake

Camrost - Felcorp - Blue Diamond at Imperial Plaza

ComFree - Promo

BC

1

63

Lindvest - Super Sonic

13

Madison Group - Nobu Toronto

37

Mattamy Homes - Vita On The Lake

BC

Cresford Development Corp. - CASA II

IBC

Menkes Developments Inc. - 365 Church

Insert

Cresford Development Corp. - CASA III

IBC

Menkes Developments Inc. - 87 Peter

Insert

Menkes Developments Inc. - Fleur

Insert

Cresford Development Corp. - Corporate

80

Cresford Development Corp. - Halo Residences on Yonge

IBC

Menkes Developments Inc. - Harbour Plaza

Insert

Cresford Development Corp. - The Clover on Yonge

IBC

Menkes Developments Inc. - The Eglinton Yonge at Heart

Insert

Cresford Development Corp. - VOX

IBC

Mikey Young At Heart - Promo

57

Davpart - Avro

43

Pemberton Group - Corporate

Insert

ELAD Canada - The Peak Emerald City

23

Pemberton Group - Mills Square

Family of magazines - Promo

77

Pemberton Group - Model Suite of the Month

Focalpoint - Promo

59

Pemberton Group - Yonge Parc

7

Geranium Homes - Pace on Main

47

Pinnacle International - Pinnacle Etobicoke

3

Plaza - Corporate

5

Great Gulf - Corporate

5

Insert & 6

17

Lamb Development Corp. - Flatiron Lofts

45

Plaza - Plaza Midtown

14 & 15

Lamb Development Corp. - James

35

Rosehaven Homes - Affinity Condominiums

Lamb Development Corp. - Wellington House

19

Sick Childrens Hospital - Builders’ Helping to Heal

Lamb Development Corp. - Work Lofts

45

The Daniels Corporation - Lighthouse East Tower Condominium Residences

Liberty Development Corp. - Legacy Park

26

Tridel Corporation - Bloor Promenade

Liberty Development Corp. - Royal Gardens

26

Urban Capital - Harris Square

29

Liberty Development Corp. - Wish Condos

27

Urban Capital - Queensway Park

25

Liberty Development Corp. - World on Yonge

26

YP Next Home - Promo

79

39

52 & 53

9

IFC

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DOWNLOAD THE APP APRIL 15 - 29, 2017 | NEW CONDO GUIDE 79