GTA New Condo Guide, Apr 25, 2015

Apr 25 - May 9, 2015 Volume 19 Issue 9

INSIDE THIS ISSUE

HOT TOPIC: FINISHES & OPTIONS THAT PAY OFF

CONDO INVESTORS, KEEP YOUR EYES ON THE PRIZE

DECLUTTERING TIPS FOR THE CONDO BUYER

Built to make a statement. live well by design. At Avani 2, a sleek urban vibe resonates throughout every suite design, creating spaces that can express your passions and personality.

Built for life. Built for you.

DIAMONDS ARE FOREVER JUST LIKE OUR VIEWS

COMING SOON, BRILLIANT LIVING AT AVENUE & ST. CLAIR FROM THE $300’S Blue Diamond at Imperial Plaza, a new 26-storey tower in the dazzling Forest Hill neighbourhood, brings new intensity to condominium luxury. Sublime amenities, superlative finishes and Toronto’s most radiant views. Experience the brilliance.

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

PRICES AND SPECIFICATIONS SUBJECT TO CHANGE. IMAGES ARE ARTIST CONCEPT. ERRORS AND OMISSIONS EXCEPTED. BROKERS PROTECTED

EDITOR’S NOTE

THE BONUS OF BUYING BRAND NEW

SUSAN LEGGE Editor-in-chief

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

Are you thinking about buying a brand new condo since the resale market just doesn’t offer what you had in mind? It helps to think of the new-condo buying process in two different parts – buying and owning. And while each part has its own particular points to consider, there is one important element shared by both, the new-home warranty.

Tarion is the warranty program covering all Ontario new homes and condos (excluding conversions of an existing building), by law. This agency acts as a dual role of regulator and insurer, protecting buyers from unforeseen problems and maintaining a high standard. Since 1976, Tarion has enrolled more than one million homes under warranty. It’s insurance you pay for as part of your new-home or condo purchase, and it is peace of mind that’s well worth the cost.

Tarion’s commitment to consumer protection starts right from the shopping stage through to ownership. To that end, Tarion offers a variety of resources for consumers, including a comprehensive website that educates you on all aspects of buying a new home, found at tarion.com Once you’ve settled into your new home, you can manage your warranty online through Tarion’s MyHome link. MyHome allows you to submit forms online and track their process so you have all your warranty information in one secure place. Links to info regarding each stage of the new-home buying process are also available at tarion.com, from finding a builder, illegal building, delayed closings and so much more. Once you see the value and the supporting resources a new condo offers, you’ll wonder why you didn’t think of buying new sooner.

BE THE ‘EARLY BIRD’ THIS SPRING

LYDIA MCNUTT Editor

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

2 NEW CONDO GUIDE APR 25 - MAY 9, 2015

You’ve decided to buy a new home this spring. As you zip along the Gardiner Expressway, or Hwy. 401, or the 427, or the DVP, you catch glimpses of yet another gleaming glass condo tower rising on the skyline. Seeing that is certainly motivation to get out there and stake your claim. But oftentimes, the real deals are to be found before the shovels even hit the ground.

There are many benefits to buying your condo early in the development process. Purchasing in the pre-construction phase often means you’ll get a lower price, since builders are inclined to offer deals and sell more suites before breaking ground. (In order to get financing approval on their development, a certain portion of units must be sold, hence the pre-construction discounts.) By the time you move in, the condo will likely have appreciated in value.

Beyond the equity you’ll gain simply by virtue of patience, the period between purchase and occupancy date (which can be a few years, in some cases) offers homebuyers a chance to save up a larger down payment. Mortgage interest rates are currently at historic lows, but we don’t know how long this will last. The larger the downpayment, the less you’ll need to borrow and the less interest you’ll pay.

If you’re a first-time homebuyer, use the waiting period before occupancy to prime yourself for the costs of condo ownership. Set aside the equivalent of your condo fees every month to get accustomed to paying this bill. Then, put this money toward your downpayment.

Add to this the rate of real estate appreciation in the city, and buying a preconstruction condo makes perfect financial sense. In this case, it really does pay to be the early bird.

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APR 25 - MAY 9, 2015 NEW CONDO GUIDE 3

NEW CONDO GUIDE

CONTRIBUTORS PRESIDENT, YELLOW PAGES NEXTHOME

Jacqueline Hill EDITOR-IN-CHIEF / DIRECTOR OF CONTENT

Susan Legge DIRECTOR OF SALES

Moe Lalani ASSOCIATE PUBLISHER SWO NEW HOMES

Susan Maxwell ART DIRECTOR

Daiana Garay BILD REPORT

LEGALLY SPEAKING

DESIGNER ADVICE

EDITOR

Bryan Tuckey

Jayson Schwarz

Yanic Simard

Lydia McNutt

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

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

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

Wayne Karl Elisa Krovblit Sara Duck (on leave)

CONTRIBUTING EDITORS

DESIGN EDITOR

Yanic Simard

SENIOR SALES MANAGER

Conni Robinson SENIOR ACCOUNT EXECUTIVES

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

SALES & MARKETING CO-ORDINATOR

Terry Bassett ADMINISTRATIVE ASSISTANT

Antoinette Jackson CONDO PRO

STAT CHAT

Barbara Lawlor

Ben Myers

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

Ben Myers is senior vice-president of Market Research and Analytics at Fortress Real Developments.

Follow his blog posts and commentary on the Canadian housing market at fortressrealdevelopments.com/ news or follow him on twitter at @BenMyers29

INVESTOR ADVICE

Andrew la Fleur

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

PRODUCTION MANAGER

Bala Gnanapandithan PRODUCTION CO-ORDINATOR

Sandra Hanak-Vujnovic GRAPHIC DESIGNERS

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

#500-401 The West Mall Etobicoke, ON M9C 5J5 T 416.626.4200 F 416.784.5867 ypnexthome.ca Call 416.626.4200 for advertising rates and information. distribution in select high-traffic street boxes, stores, banks, financial institutions and select condominium sales offices.

COPYRIGHT 2015 All rights reserved by 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 to susan.legge@ypnexthome.ca.

ADVERTISING

CIRCULATION Free

HOME SWEET HOME

Lydia McNutt

Lydia McNutt is an award-winning writer and editor of New Condo Guide.

Lydia’s love of architecture, interior design and the written word have landed her happily at home at Yellow Pages NextHome. Email Lydia.McNutt@ypnexthome.ca and follow her on Twitter @LydiasTweets

4 NEW CONDO GUIDE APR 25 - MAY 9, 2015

FUNDAMENTALLY SPEAKING

Kara Kuryllowicz

Wayne Karl is an awardwinning writer and editor with experience in real estate and business.

In Fundamentally Speaking, Wayne explores the basics of buying property. Email Wayne.Karl@ypnexthome.ca or follow him on Twitter at Twitter.com/WayneKarl

Kara Kuryllowicz is a Toronto-based freelance business writer with a long-term interest in real estate on a business and personal level, as both a homeowner and a landlord with investment properties.

She loves living in Toronto’s Riverdale area as well as on an island in Pointe au Baril.

Wayne Karl

HOT TOPIC

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

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APR 25 - MAY 9, 2015 NEW CONDO GUIDE 9

BILD REPORT

There’s just something about a new home

By Bryan Tuckey

I am proud to say that many of the homes built by BILD members not only meet strict requirements, but often exceed them. This is particularly true when it comes to building Green.

It’s worth pointing out that many of these homes have won provincial, national and international awards in design, planning and customer service. Our members employ internationally renowned architects and designers, as well as a variety of local talent. New homes in the GTA rival some of the best in the world!

H

omeownership is a universal concept that symbolizes success and prosperity. It’s one of the reasons up to 100,000 people choose to make the GTA their home every year.

But there’s a significant difference between buying new and buying resale, with new homes holding a number of advantages on several key fronts.

First and foremost, new homes offer purchasers complete customization from a myriad of designs, patterns and finishes. Condo purchasers can choose how high up they want to live while those buying ground-related homes can even select the homes’ exterior.

Things like flooring, cabinetry or countertops come in a variety of packages displayed in the sales centres, allowing purchasers to invest their money in whatever works best for them. It’ll all be there for the day they move in.

Another distinct advantage of buying brand new is the fact that what you see is what you get. A new-home buyer doesn’t have to worry about unwelcome surprises because the homes are built from the ground up, customized and are protected by a Tarion warranty.

All new homes built in the GTA today must abide by the strict regulations of the Ontario Building Code, which is updated every five years with the latest standards, specifications and energy-efficiency requirements.

The materials are all brand new, which means the caulking in your bathroom won’t break down in a year’s time, nor will the windows need to be replaced. This doesn’t mean that your home is indestructible, as it still needs to be cared for. What it does mean, is that with proper maintenance, you’ll be able to enjoy your new home for years to come.

10 NEW CONDO GUIDE APR 25 - MAY 9, 2015

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

PHASE 2 COMING SOON GOLD WINNER INTERNATIONAL COMMUNITY OF THE YEAR

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In the heart of the city, in the midst of it all, a new spirit rises. TeaHouse 2 is the next phase of the award-winning condominium development that is re-imagining urban living with a distinctly Asian flair. Inspired by the cultures and traditions of the east, fashioned for modern life in cosmopolitan Toronto – welcome to your world in perfect harmony.

REGISTER NOW FOR PHASE 2 TEAHOUSECONDOS.COM 416.861.1111 Exclusive Listing Broker Milborne Real Estate Inc. Brokers Protected. Marketing Management by Anne Lambrou Living Visions Inc. Prices and specifications subject to change without notice. Illustrations are artist’s concept. E.&O.E.

11 NEW CONDO GUIDE APR 25 - MAY 9, 2015

CONTENTS

APR 25 – MAY 9, 2015

VOLUME 19

ISSUE 09

COVER STORY

on the Park 20 Omega joins Opus tower in master-planned community by Concord Adex

COLUMNS / NEWS / FEATURES 2

Editor’s Note

4

Contributors

10 BILD Report There’s just something about a new home

by Bryan Tuckey

22 In The News Spectacular Spring public art installation blooms at Concord Park Place 28 Hot Topic Finishes and options that pay off

by Kara Kuryllowicz

14 CMHC Report New highrise projects bring March housing starts to eight-month high

32 Stat Chat Too many Toronto condo stats will make your brain explode!

16 Investor Advice Keep your eyes on the prize

34 Legally Speaking Why do I need a lawyer?

by Andrew la Fleur

by Ben Myers

by Jayson Schwarz

40 Designer Advice Style for all seasons

by Yanic Simard

48 Condo Pro The big purge: Decluttering tips for the condo buyer

by Barbara Lawlor

60 Home Sweet Home Essentials for the spring real estate rush

by Lydia McNutt

66 Mortgage Advice Bank of Canada holds overnight lending rate

by Alyssa Richard

12 NEW CONDO GUIDE APR 25 - MAY 9, 2015

70 In The News Last chance for pre-construction pricing at Senses Condos

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

72 Fundamentally Speaking Higher development charges loom in Ontario

82 In The News Cloud9 tops off! Etobicoke community celebrates construction milestone

by Wayne Karl

74 In The News Master-planned townhome community coming to Oakville

90 In The News Toronto housing market surges during first quarter of 2015

92 In The News Seven hotspots coming to Canary District

by Lydia McNutt

100 Condo Watch 905 Previews, new releases and grand openings in the 905 113 Condo Buyers’ Resource Section 118 Advertiser Index

CONDO PROFILES

38

62

LIBERTY DEVELOPMENT CORPORATION Legacy Park Legacy Park celebrates grand opening at Thornhill City Centre

CANALFA Liberty Central By The Lake Two Live in Liberty!

68

84

AMACON DEVELOPMENTS Block Nine City sophistication meets natural serenity at Amacon’s newest release at Parkside Village

PHANTOM DEVELOPMENTS Tea Garden Condominiums Tea Garden Condominiums welcome you to Bayview Village

104

108

FOREST GREEN HOMES Ville Condominiums Imagine living the life in the Ville!

G GROUP Grand Palace Condominiums The real jewel of Richmond Hill

APR 25 - MAY 9, 2015 NEW CONDO GUIDE 13

CMHC REPORT

New highrise projects bring March housing starts to eight-month high TORON TO CM A HOUSING STA RTS 80 70 Thousands of Starts

60 50 40

46.0

30

30.2

20 10 0 March 2013

March 2014

March 2015

Housing Starts, SAAR Housing Starts Trend Line (6-month moving average)

T

oronto housing starts hit an eight-month high in March, trending at 30,194 units, up from 25,041 in February, according to Canada Mortgage and Housing Corp. (CMHC).

Dana Senagama, CMHC’s principal of market analysis for the GTA, attributes the jump in starts to an influx of new highrise projects kicking off this month, “which are part of an increase in pre-construction condominium apartment sales since mid-2013,” says. “Strong highrise completions so far this year have also enabled builders to channel more resources to new projects.”

CMHC uses the trend measure as a complement to the monthly SAAR of housing starts to account for considerable swings in monthly estimates and obtain a more complete picture of the state of the housing market. In some situations, analysing only SAAR data can be misleading in some markets, as they are largely driven by the multiples segment of the markets which can be quite variable from one month to the next.

“Strong highrise completions so far this year have also enabled builders to channel more resources to new projects” 14 NEW CONDO GUIDE APR 25 - MAY 9, 2015

The stand-alone monthly SAAR was 45,955 units in March, up from 22,551 units in February. This was the result of a significant increase in apartment starts this month.

Total housing completions in the Toronto Census Metropolitan Area (CMA) reached 21,720 units in the first quarter of 2015, while completions of condominium apartments reached a record 17,166 units – already surpassing the annual totals recorded in the past three years. This increase is due to an elevated number of highrise units under construction for the past two years owing to record highrise starts in 2012.

With so many highrise units being fully completed, resource constraints (in terms of machinery and labour) that previously acted as impediments for new projects from breaking ground were less so in the past month. While highrise completions surged, unsold inventory of condo apartments rose by just 113 units by the end of the first quarter of 2015, an increase that can easily be absorbed by a market the size of Toronto.

The City of Toronto and the City of Vaughan recorded the highest and second-highest number of starts in March respectively. Both of these municipalities had a significant number of condominium apartment starts. The next highest number was recorded in Brampton, which saw the largest number of lowrise units begin construction.

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This visionary gateway to the East Bayfront, where Lower Jarvis meets Queens Quay, will introduce a new era of living, offering residents panoramic lake and city views, exceptional amenities, luxurious suites, and endless conveniences at your doorstep, including Sugar Beach North, a beautiful promenade featuring retail and public art, linking to Canada’s iconic sandy Sugar Beach to the south.

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Exclusive Listing: CityLife Realty Ltd. Brokerage. Brokers Protected. Illustrations are artist’s concept. Prices and specifications are subject to change without notice.

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

15 NEW CONDO GUIDE APR 25 - MAY 9, 2015

INVESTOR ADVICE

Keep your eyes on the prize

By Andrew La Fleur

S

o, you’ve decided to buy an investment condo in 2015. Congratulations! As a first-time investor, there are five questions you need to ask yourself before buying a new condo: 1 | What are your goals?

Before you buy any investment condo, you should figure out what your goals are. Are you looking to make a shortor long-term investment? What kind of return are you looking to achieve? Are you more interested in income or capital gain – or both? Deciding what your goals are up front will better help you achieve them in the long run.

2 | What can you afford?

Talk to your mortgage broker or lender and get a mortgage pre-approval before you start your search. This will help you figure out what you can afford, and will help you start to narrow your search.

Also, make sure you are prepared for the developer’s requirements with respect to financing. Most new condos will require a 15 to 20 per cent deposit up front, as well as a mortgage approval letter showing you can afford the unit you are purchasing.

• Which type of unit tends to appreciate faster than others?

5 | When should you buy?

Understanding the typical marketing cycle that a new condo goes through from pre-construction to completion will help you identify the right time to buy.

When buying for investment, it is generally best to buy at the earliest possible stage when a new building launches. This is when prices are the lowest, and availability of investorgrade suites is highest. But there are other great opportunities to buy, including right before the developer meets the sales target to secure construction financing, or during the occupancy stage. In both of these instances developers tend to be highly motivated to sell and this is when they often introduce great buyer-incentives or cash discounts.

3 | What is your exit strategy?

This is a very important question many first time investors fail to answer before buying a new condo. Will you buy, hold and rent for the long term before selling? Will you buy pre-construction and then flip (assign) your unit prior to the final closing? Will you buy pre-construction, close on the unit, rent it out for one or two years, and then sell it? Will you buy, wait for completion, and then refinance and re-invest the proceeds?

Take time to assess the risks and rewards associated with the different exit strategies and start with the end in mind.

4 | What should you buy?

Buying a new condo for investment purposes is different than buying for yourself. Some units make better investments than others.

Questions to consider include: • Which locations are likely to experience the most growth in the next few years?

• What type of unit is the most attractive to renters?

16 NEW CONDO GUIDE APR 25 - MAY 9, 2015

Andrew la Fleur is an awardwinning realtor with Re/Max. Andrew’s expertise is in helping investors make money in the Toronto Condo Market.

Visit TrueCondos.com/ NewCondoGuide for a free gift.

Contact Andrew at 416.371.2333 or andrew@truecondos.com

RIVA IS MAKING WAVES Riva del Lago has opened with great success. Monarch’s boutique condo is one of a kind. A selection of suites remain for those who hurry in.

Visit today. Because Riva is not like the rest.

Last chance for Pre-Construction Pricing and Sales Incentives

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CONSTRUCTION STARTS THIS SPRING!

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first. *Prices, specifications and promotions are subject to change without notice. Rendering is artists’ concept and image is for mood and impression only. E.&O.E. 15522.

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ETOBICOKE WATERFRONT Riva Del Lago | Now Open from the $300,000’s Sales Centre located at 2167 Lake Shore Blvd. W. 416-495-3544

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ETOBICOKE WATERFRONT Waterscapes | Move-in Now from the $400,000’s

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DOWNTOWN TORONTO Picasso | Under Construction from the $400,000’s Appointment Only 416-495-3549

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

APR 25 - MAY 9, 2015 NEW CONDO GUIDE 17

18

19

COVER STORY

Omega on the Park JOINS OPUS TOWER IN MASTER-PLANNED COMMUNITY BY CONCORD ADEX ANOTHER ADDITION TO THE MASTER-PLANNED CONCORD PARK PLACE is coming in the form of a 35-storey Page + Steele / IBI Group Architectsdesigned tower. Omega on the Park will contain 374 condominium suites and rise to the west of its sister tower, Opus.

Both Opus and Omega on the Park will be connected with a tall glass-clad lobby designed to create a pleasing first impression for residents and guests.

The transparency of the glass also allows for clear views of the inner courtyard shared between the two towers.

At the south end of the complex facing Hwy. 401, large amenity spaces provide residents access to tennis, volleyball and badminton courts, a fullsized basketball court, bowling, a golf putting green and a party lounge. In addition to the courtyard and sports amenities, a fitness gym with a children’s play area, pet spa and dining area are offered exclusively to Omega on the Park and Opus residents. Future phases immediately to the west of Omega on the Park and Opus will house several other amenities, including a pool, yoga studio and spa.

Though residents should have no problem getting around the city on the subway, Concord Adex also operates an extra amenity in the form of a shuttle 20 NEW CONDO GUIDE APR 25 - MAY 9, 2015

bus. The exclusive shuttle bus picks residents up at their doorstep and takes them to the Sheppard subway line and to the Oriole GO station.

During off-peak hours, the shuttle also travels to popular destinations in the area including Fairview Mall and Bayview Village. Omega is also minutes away from major highways including Hwy. 401 and the Don Valley Parkway/404.

One of the defining features of Concord Park Place will be the greenspace from which the community is named. Plans for the park are a work in progress, but currently include a splash pad and a skating rink, ensuring the space is

marble backsplashes, composite quartz countertops, thermofoil cabinetry with open display shelving, AEG and Liebherr appliances, undermount sinks and LED lighting under the kitchen cabinets. Large balconies run alongside the full length of the suites, many of which will provide excellent views of the park.

Washroom features at Omega include polished Carrara marble wall tiles, honed Carrara marble floor tiles, as well as quartz countertops, undermount sinks and custom medicine cabinets with shelving, mirrors and built-in lighting.

One of the defining features of Concord Park Place will be the greenspace from which the community is named. ““It’s not just a park but an amenity for our residents as well.” usable throughout all four seasons. “It’s not just a park but an amenity for our residents as well,” says Concord Adex’s senior manager of project marketing, Brian Fong. The current plans for the park include a central plaza and a connected pathway bisecting the site. Omega on the Park and Opus sit in the southeast corner of the lands. Since the greenspace will be a major focal point of Concord Park Place, Omega on the Park residents will have unobstructed views of the surrounding area, with no threat of future projects blocking their views.

Suites at Omega will range from efficiently designed 448-sq.-ft. onebedrooms up to spacious three-bedrooms of 1,118 sq. ft. All suites will feature the same high-quality finishes as its sister building, Opus, including Carrara

For more information, visit concordparkplace.ca, call 416.813.2999, or visit the Concord Park Place presentation centre at 1001 Sheppard Ave. E. Hours are: Monday to Friday 11 a.m. to 7 p.m.; Saturday and Sunday 11 a.m. to 6 p.m.

APR 25 - MAY 9, 2015 NEW CONDO GUIDE 21

IN THE NEWS

Spectacular Spring public art installation blooms at Concord Park Place Concord Adex for an area of our city that thousands of Torontonians are choosing to call ‘home’.”

About Concord Adex Concord Adex is the largest residential developer in Canada specializing in urban communities.

Over the past two decades, Concord Adex and its parent company, Concord Pacific, have built (and continue to build) the 200-acre Concord Pacific Place in Vancouver, the 47-acre Concord CityPlace in downtown Toronto, and the 45-acre Concord Park Place in North York.

C

oncord Adex has announced the unveiling of Spring, a large-scale public art installation at Concord Park Place in North York. Designed by acclaimed Toronto artist James Lahey, Spring consists of a series of large format photographs embedded into glass panes and incorporated into the new Tango building.

Spring is a feature designed to be appreciated from the inside of Tango, as well as from the outside.

Comprising photographs of flowers in full bloom, the piece runs vertically from the ground floor to the top of Tango, where it transforms into a purple mosaic. From the inside, a portion is visible at the end of the hall on each floor; from the outside, the entire piece is visible.

“We believe that Spring brings renewed vibrancy to Concord Park Place,” says Gabriel Leung, Concord Adex’s vice-president of development. “This piece is an expression of the diversity, colour and optimism that characterizes the Concord Park Place community, and demonstrates Concord Adex’s commitment to world-class public art.”

“The images are from that brief period, early spring when the apples, mock orange and magnolia bloom,” adds Lahey. “This very brief period – the halcyon call of renewal – seemed so right for the renewal undertaken by

22 NEW CONDO GUIDE APR 25 - MAY 9, 2015

About James Lahey James Lahey is an accomplished painter and an important figure in the Canadian arts scene. He began his career preserving art and artifacts in various museums across the country, and then moved on to create art himself. As a member of the Royal Canadian Academy of Arts, Lahey has achieved much critical acclaim for his masterful paintings on a wide variety of subjects, ranging from hothouse orchids to human skulls.

Lahey is represented in galleries across Canada, in Britain and the United States where his work can be found in numerous private and public collections. His work has been shown at the University of Toronto Art Centre and Museum London, among other locations.

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APR 25 - MAY 9, 2015 NEW CONDO GUIDE 25

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APR 25 - MAY 9, 2015 NEW CONDO GUIDE 27

HOT TOPIC

Finishes & options that pay off

By Kara Kuryllowicz

F

inishes, lighting and appliance upgrades enhance the aesthetic appeal of your condo and pride of ownership, but buyers need to make strategic selections that also improve functionality and help the unit stand out in a positive way on the resale market.

“Be smart, temper your inner designer and keep your upgrades neutral, or the extra money you’ve put into the upgrades will vanish at resale,” says Brad J. Lamb, president, Brad J. Lamb Realty in Toronto, the seller of more than 15,000 condos and Lamb Development Corp., which has projects completed and under development in Toronto, Ottawa, Montreal, Calgary and Edmonton.

“Personal statements, such as bright red, yellow or green kitchen cabinets, will take much longer to sell and you’ll take a big haircut on price.”

Whether you plan to stay in your condo for five or 25 years, chances are you’ll eventually sell the place, so the return on your investment must be considered. It’s virtually guaranteed you’ll recoup the premium you’ll pay to be up on a higher floor, because buyers typically look up before they look at the interior finishes. However, it’s impossible to predict what, if any, reward will be reaped on upgrades.

The reality is that most people upgrade because they want to feel fabulous every time they look around their condo, and they’re equally committed to impressing family and friends. Even functionality tends to be a secondary consideration.

Unfortunately, the upgrades’ impact on resale value is rarely top of mind, although it’s something every condo buyer should think about if money matters to them. continued on pg. 30

28 NEW CONDO GUIDE APR 25 - MAY 9, 2015

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“It’s all about the aesthetics and impressing everyone – functionality doesn’t come into it at all,” says Tim Huxley, lead sales consultant at Streetside Homes, Calgary.

“You’re most likely to get the best return on kitchen and bathroom upgrades, where appliances, countertops and backsplashes offer plenty of visual impact for your dollar.”

Virtually every buyer has a budget. When it’s time to sell, if your upgrades force you to price your condo above comparable units in your building, your unit might not pop up in realtors’ searches, let alone be considered for a viewing. However, provided your pricing is competitive, your upgrades could give your unit the edge over those equipped with just the standard finishes.

“Quality finishes will catch the eye of the more discerning consumer, but most buyers get caught up in the furniture,” Lamb says. “You’ll spend less and reap greater rewards if you save that money to paint your walls something other than white and have the unit professionally staged for resale.”

The range and cost of finish upgrades varies widely from developer to developer, with some, such as Lamb, installing what would typically be considered upgrades as standard in every unit, including a high-end glass backsplash, gas lines for barbecues on balconies and gas stoves in kitchens. Others offer just a handful of relatively standard upgrades, such as stainless steel appliances, hardwood floors and granite countertops.

Some developers take it up a few notches with medicine cabinets, wall-mounted ovens, front-loading washer/dryer, bathtubs with jets, a TV/iPad/surround-sound package, stone sinks, extra-thick granite counters, faucets with spray nozzles that accommodate mega-sized soup pots, and even second parking spaces.

“It’s your dream home and you’ll be living there, but you don’t want your equity vanishing,” Lamb says.

“Upgrade just enough to make your new home look and feel good.”

Ask yourself how the average person will react to that countertop or soaker tub as you remember that many

30 NEW CONDO GUIDE APR 25 - MAY 9, 2015

buyers will go for the unit on the higher floor before the upgrades. How practical/functional and relevant is it really? How many homebuyers will actually see it as a must-have versus a nice-to-have feature?

Although it’s widely accepted that it’s virtually impossible to keep stainless steel appliances fingerprint free, homebuyers don’t care because they look so good. While many like the feel of carpet in bedrooms, many buyers today actually prefer hardwood due to environmental sensitivities. “Carpet is bad for allergies and collects dust and bacteria,” says Karen Reimann, a Toronto-area realtor with Re/Max Hallmark. While many will love that sleek, sexy oversized shower stall, that upgrade makes resale sense only if there is a tub in another bathroom. Meanwhile, seemingly dull upgrades, like additional wall sockets and extra pot lighting, are affordable and can be a big re-selling point.

Condo builders and developers typically charge two to five times what homebuyers would pay to buy and install everything from hardwood floors to undermount sinks and valance lights to rain-shower heads. While some industry insiders suggest that’s unfair, others point out that consumers are willing to pay for the convenience and accompanying warranties as well as the single point of contact in the form of the condo manager.

“Buyers appreciate that we’ve done the research, narrowed the selection down to the most appropriate options, and deal with the various trades to coordinate and oversee the installations,” says Stephanie Butler, director of marketing and sales at Amacon. “Investors who plan to rent out the units tend to spend less on upgrades than buyers who plan to live in their units.”

Because consumers often commit to their new condos and upgrades 12 to 36 months before taking possession, Lamb strongly suggests homeowners specify the products, brands and manufacturers or the equivalent in the contract.

“Memories fade and perceptions change over time, so use the contract to get what you paid for,” Lamb says.

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Exclusive Listing: CityLife Realty Ltd. Brokerage. Brokers Protected. Illustrations are artist’s concepts. Prices and specifications are subject to change without notice. E.&O.E. Reproduction in any form, without prior written permission of The Daniels Corporation, is strictly prohibited. *Conditions apply. First Home Boost Program is only available on a limited number of suites.

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STAT CHAT

Too many Toronto condo stats will make your brain explode!

By Ben Myers

I

f you’re thinking about buying a condominium and your decision to purchase is being swayed by the latest release of condo data, your head might explode! There seems to be a release of Toronto condo data on a daily basis: Canada Mortgage and Housing Corp. (CMHC) housing starts, Statistics Canada building permits, RealNet sales, Urbanation pricing, Toronto Real Estate Board resale transactions, condo rental data, units under construction, unsold supply, etc., etc., etc. One day everything looks good and balanced, the next day the market is booming and bubbling, and a week later it is doom and gloom and the market is crashing. How does the average Joe make heads or tails of this information? Here are a few tips: Ignore most monthly condo data and concentrate on longer term data. Here is a perfect example: in November 2014 there were just 281 condominium apartment starts in Toronto CMA per CMHC, a decrease of 84 per cent from November 2013. “Wow, why aren’t builders building condos?” was the common refrain.

In March 2015, there were 2,898 condo starts in the CMA, the highest level since August 2012, and a 501-per-cent increase over March 2014. Wow, what a boom, the Toronto market is hot.

In reality, there has been no significant change in the market for condominiums in Toronto since November. Big and small condo buildings result in volatile data.

The housing market is much more complicated than what you learned in first-year economics class. A lot of folks think that if sales are down, pricing must go down as well (and vice versa). According to data from Urbanation, in Q1-2005 GTA resale condo transactions were down seven per cent annually, but prices were up six per cent year-over-year. In Q4-2008, transactions were down 46 per cent and pricing was down two per cent, and in Q1-2010, transactions were up 93 per cent and pricing was up 19 per cent. In Q4-2014, transactions were up 13 per cent and pricing was up three per cent. There is no magic formula to predict these data relationships, so don’t let anyone tell you there is.

Be weary of anecdotal evidence. If it’s difficult enough to make sense of the comprehensive data collected by independent third parties, now add to this the “first-hand experience” and smallsample-size data and conclusions by people who work in the

32 NEW CONDO GUIDE APR 25 - MAY 9, 2015

industry, or even worse, “know a guy” who had an experience. There are going to be buildings that sell poorly, areas that sell poorly, or projects that lease-up slowly, but the results of one building is rarely indicative of the market as a whole.

Many people think there is an easy story to explain the condo data in the market. I disagree. The truth is, with the exception of a couple quarters, the Toronto condominium market has been relatively healthy for 17 years! So be very careful and critical of what you read. Do your research, buy a place you can see yourself in for five years, and purchase only what you can afford.

Ben Myers is senior vicepresident of Market Research and Analytics at Fortress Real Developments. Ben assists in evaluating the market and projects that Fortress engages in.

Follow his blog posts and commentary on the Canadian housing market at fortressrealdevelopments.com/ news or follow him on twitter at @BenMyers29

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STARTING FROM $835,990 INCLUDING PARKING. The dimensions shown on this plan are approximate only. Actual useable floor space within the unit may vary from any stated floor areas or dimensions on this plan. For more information on the method used for calculating the floor area of any unit, reference should be made to Builder Bulletin No. 22 published by Tarion.

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The dimensions shown on this plan are approximate only. See sales representative for details. Prices and specifications are subject to change. E.&O.E. April 2015.

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Prices and specifications are subject to change. E.&O.E. April 2015. 24473

LEGALLY SPEAKING

Why do I need a lawyer?

By Jayson Schwarz

W

hen you agree purchase a new condominium, there is a 10-day cooling off period that allows you to back out of the deal – a get-out-of-jailfree card, if you will – should you change your mind. Lately, I have had a large number of new-home buyers come to me after the 10-day cooling off period for condominiums, or the conditional periods in a freehold new home offer, has expired. When I ask them why they waited, I get one of three standard responses: 1. I didn’t think I needed a lawyer until it was time to close.

2. The sales agent told me I didn’t need a lawyer until it was time to close.

3. The builder said he wouldn’t change anything in the agreement.

A lawyer must advise you at the time you make your offer, to help you avoid all of those tricky clauses where builders look for extra money that could end up costing you thousands of extra dollars on closing. It is critical that you see a lawyer before your deal is firm. It is important that your lawyer explains all the potential costs you will face and the potential changes and the potential delays you may encounter. Insist on this, and if you don’t get what you want or need, see another lawyer.

34 NEW CONDO GUIDE APR 25 - MAY 9, 2015

Once you understand these issues, you can then return to the builder and negotiate your purchase from a position of knowledge. Lawyers are service providers, and as the customer, you need to make sure you get the necessary information to make an educated decision. A home is one of the most important purchases you will ever make, so do your research.

You can only get this service from a real-life, breathing, lawyer who will point out the good and the bad in your Agreement of Purchase and Sale, and who is required by the Law Society rules to explain title insurance and by law, have the responsibility to take care of you.

If a builder says he won’t change anything in the offer, it will have to be the fairest offer ever written. Do your due diligence and become an educated consumer.

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

35 NEW CONDO GUIDE APR 25 - MAY 9, 2015

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YONGE ST.

N

AVE. ORTH DANF

7163 Yonge St., Unit #124

370 Hwy. 7 East, Unit #113

3520 Danforth Ave.

WorldOnYonge.ca | 905-771-7010

RoyalGardensCondos.ca | 905-889-9997

TerraceOnDanforth.ca | 416-987-7575 .

AVE DEN WAR RD .

DA NF ORT H

E. IA AV SCOT

www.MyLibertyCondo.ca N

*As per price list. Limited time offer. Offer based on a select number of units. Price, information and program subject AVE.to ORTH DANFcations and change without notice. For qualified buyers on approved credit. All renderings are artist’s concept. Prices, specifi availability subject to change without notice. E&O.E. Brokers protected. See Sales Representative for details.

APR 25 - MAY 9, 2015 NEW CONDO GUIDE 37

CONDO PROFILE

LEGACY PARK CELEBRATES GRAND OPENING AT THORNHILL CITY CENTRE Liberty’s multi-phase 905 development a decade in the making

Legacy Park sales office and building under construction (actual photo)

A

mong Liberty Development Corporation’s most successful multi-phase condominium projects is the celebrated Thornhill City Centre – a master-planned residential community on Bathurst Street, just south of Hwy. 407.

With nine condo towers and 60 townhomes, already occupied since

38 NEW CONDO GUIDE APR 25 - MAY 9, 2015

the community was first launched a decade ago, Liberty has released Thornhill City Centre’s final phase – a 25-storey condo building called Legacy Park.

To celebrate the grand opening of Legacy Park, and welcome first-time buyers to the community, Liberty Development recently hosted a unique firsttime buyer seminar. With many in attendance, the event featured insightful comments from a panel of industry experts including Andrew Brethour of PMA Brethour Realty Inc.; Greg Tucci from Falconeri, Munro, Tucci LLP; and Renata Issakova, a mobile mortgage specialist from TD Bank (all pictured, right).

First-time buyers explored the sales centre and learned about Legacy Park’s distinctive architecture (by the award-winning Kirkor Architects),

amazing amenities, and its well-designed, large suites, which range from 563 to 968 sq. ft. (from one-bedroom to two-bedroom-plus-den layouts).

Amenities at Legacy Park will include a state-ofthe-art fitness facility, as well as a sauna and whirlpool for residents to relax and unwind. Other features and amenities will include a party room with sleek loungestyle seating and a modern bar, a media room and a golf simulator.

Andy Brethour, president, PMA Brethour Realty Group

Legacy Park will overlook the community’s centrepiece, a five-acre lush green oasis named Thornhill Green, the City of Vaughan’s first urban park. Offering the ultimate in “green” living, Legacy Park will raise the bar in sustainability, with environmentally friendly features such as the beautifully landscaped rooftop terrace.

Located just north of the fashionable Promenade Mall and the dynamic new shopping plazas along Centre Street, Legacy Park at Thornhill City Centre is conveniently located just minutes from public transit via VIVA, York Region Transit and the TTC. With quick access to public transit, getting around the region will be easy, while Legacy Park’s proximity to Hwys. 407, 400 and the 404 will make it easy to get just about anywhere in the GTA. “While we celebrated the launch of Legacy Park with first-time buyers, this is a community that appeals equally to those looking to downsize,” says Liberty Development’s senior vice-president and general counsel, Marco Filice.

“It has something for everyone. A prime location, iconic architecture and a range of dynamic lifestyle features, Legacy Park promises to be one of the most successful launches, in one of our most successful communities.”

For your chance to live at Legacy Park, visit the sales centre at 7890 Bathurst St. today to view the model suite, go to legacyparkcondos.com, call 905.731.8302 or email info@legacyparkcondos.com.

Greg Tucci, Falconeri, Munro, Tucci LLP; and Renata Issakova, TD Bank mortgage specialist

APR 25 - MAY 9, 2015 NEW CONDO GUIDE 39

DESIGNER ADVICE

Style for ALL SEASONS

By Yanic Simard

W

ith Canada’s long winters (and come-and-go springtime), it can be hard to invest in your balcony or patio, knowing you may not be able to enjoy your outdoor accoutrements for long, or even any time soon. To help you get the most of your exterior environment with a clear conscience, I’ve gathered some furniture ideas you can start using right away, and enjoy all year round – even when summer is not in season.

40 NEW CONDO GUIDE APR 25 - MAY 9, 2015

continued on pg. 42

MODEL PREVIEW If you haven’t been to North York’s finest presentation centre at 1213 York Mills Rd., we invite you to drop by this weekend as we unveil our spectacular Model Suite.

Designed by the award-winning Cecconi Simone, our presentation centre and 2-bedroom model suite showcase the very best this landmark community has to offer. Choose from the best suites at our limited time preview pricing before our Grand Opening.

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LAWRENCE EGLINTON

*See sales representative for full details. Prices and specifications are subject to change without notice. Renderings are artist concept. E.&O.E. 2015

DESIGNER ADVICE continued

Folding’s in » While the idea of a “folding table” might make you think of a college dorm, sleek modern folding furniture carries a European air – especially lines like the Parisianstyled Arc En Ciel collection (French for “rainbow”). In crisp silvery aluminum, these tables and matching park chairs can be stored in a slim niche (like the narrow cabinet next to your refrigerator) and pulled out at any time, whether that be a sunny summer day or a winter cocktail party. » Folding chairs can also be a great opportunity to introduce a daring accent colour. Try a bold red, bright yellow or striking black – the airy form of most folding seats means the dose of colour will be minor, even when supersaturated.

and combined with a rope seat, the result is a perfect nautical accent that can make your balcony feel like the deck of a private yacht.

In off-season: Pair gold with a deep grey sofa, or use it to add drama in the bedroom.

Try a bold red, bright yellow or striking black – the airy form of most folding seats means the dose of colour will be minor, even when supersaturated

In off-season: Use it for games night, or in a compact dining nook.

Go for the gold » The trend of gold and copper tones for interior furnishings is rapidly growing – so much so, it’s expanded into the outdoors as well. Mid-century modern seats are timeless addition to any interior, and with an emphasis on simple forms in bent metal, many styles can work outdoors just as well as in, adding a sophisticated hint of luxe glamour. » The classic Walter Lamb armchair (originally designed in the 1940s) in waterproof brass is a perfect choice for those who want to go glam with a light touch. Brass carries the warmth of gold, but typically in a more toned-tone hue,

42 NEW CONDO GUIDE APR 25 - MAY 9, 2015

Martini Side Table

continued on pg. 44

DESIGNER ADVICE continued

Bronze Rose Tea Light Holder

Wire Husk Lantern

Light up the night » It’s hard to remember a time before wireless electronics, and once you pick up a rechargeable lantern you’ll wonder how you lived without that too. A perfect way to add a soft glow to your bedroom (or anywhere, really) during grey winter days, a wireless light with no batteries to change will revolutionize how you enjoy nights on the patio. » If you do have access to an outlet outdoors, a weatherready floor lamp redefines an outdoor space in an unexpected way, making it feel that much more like part of your home. Just be sure to anchor it back to a wall, or move it indoors during wild wind. » Wire-cage lanterns are another sophisticated way to add an inviting glow that feels as appropriate on the patio as it does on your dining table (or vanity). Find one in my Yanic Simard Selected collection (YSSelected.com), as well as bronze and golden tealight holders for an extra-radiant glow.

All-season accents » Don’t forget the little things that make patio living the thing we crave all winter long – most of which, to be honest, tend to revolve around delicious outdoor dining! Striking tableware effortlessly dresses up even the simplest space. Try upgrading to an eye-catching black, gold, or brass cutlery set. » Between paper plates and your traditional stark whites, you’ll find sophisticated outdoor dinnerware that brings a garden-party atmosphere to even a compact balcony. Choose an earthy, handcrafted plate in a loose, imperfect shape and fun colour (or sumptuous deep gray), and punch up anything from homemade barbecue to Sunday afternoon take-out.

In off-season: Mix and match your new finds with everyday basics for fun looks that change with the seasons.

Have a must-share indoor/outdoor idea? Tweet me (or Instagram a pic) at @yanicsimard!

In off-season: Fill in a dark corner with an extra layer of light for fewer harsh shadows.

Stock up on stools » Playful plastic stools are a multifunctional must-have, and move between inside and outside effortlessly. They make a quick seat or cocktail table, and are another excellent way to add colour and texture to contrast both your soft interior fabrics and your solid patio surfaces. » Grouped together in clusters, stools are an excellent coffee table alternative, gathered together to hold a spread of summery dishes or broken up to hold extra guests – plus, if you have to steal one away for another room, you won’t leave a hole in your plan.

In off-season: Use as a compact bathroom accent, at the foot of the bed, or tucked up to a chair.

44 NEW CONDO GUIDE APR 25 - MAY 9, 2015

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

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CONDO PRO

The big purge: DE-CLUTTERING TIPS FOR THE CONDO BUYER

By Barbara Lawlor

W

ith springtime finally here and moving season right around the corner, take this time to declutter and lighten your load before the big move.

I notice a trend today toward less clutter in our everyday surroundings.

People receive bills by email and pay via the Internet to avoid amassing unnecessary paper. Knickknacks are being banished in favour of clean, clutterfree surfaces. Whether you are moving into your first condo, moving up or “right-sizing,” you certainly want to accentuate the space you have, and most often, that means taking less “stuff” with you.

If you have purchased a condominium early in the selling process, you probably have a lot of time to get ready for the big move. You have a floor plan with room dimensions, so you can figure out which existing furnishings you can fit in, or determine what you need to buy new. Then think carefully about where you will put other things such as clothes, shoes, coats, accessories, pictures, artwork, computer items, home entertainment, etc. Once you do this, you may find you need to give away or sell a lot of your belongings. For those who are moving to a condo suite from a large home, keep in mind that a house will sell more quickly if it is neat and tidy, without a lot of items piled in corners and on desks.

Seem overwhelming? On the bright side, de-cluttering feels great. In addition, you have at your disposal several ways to make your move easier by eliminating unnecessary items. If you want to sell furnishings and accessories, you can always have a garage/yard sale. Tis the season! Your earnings can go toward purchasing something you need for your new condo.

Short of selling off your unwanted items, passing down possessions to friends and family members can be a win-win situation. The dresser and bed you can’t fit into your new condo may make all the difference in the world to a family member with growing children. Charity and consignment shops are

48 NEW CONDO GUIDE APR 25 - MAY 9, 2015

also grateful for items you are getting rid of, and it’s a good feeling to know you are helping someone else. Then there’s Freecycle.com, which allows you to post a photo and description of an item you want to give away.

The deal is that whoever wants it has to pick it up. And sometimes, when things are past their prime, the trash can is the best alternative.

To help you decide what to get rid of, and how, consider hiring a home organizer. This professional understands people’s attachment to the things they have amassed over the years, and will help you make up your own mind as to what to part with. Usually, they help you sort possessions into piles. Once all your books are gathered into one place, you may look at them differently with regard to which ones you really need or even want to keep.

Move into your gorgeous new condo with just enough furnishings and accessories so that the design, features and finishes can shine.

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 condominium developments in the GTA and overseas.

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APR 25 - MAY 9, 2015 NEW CONDO GUIDE 55

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HOME SWEET HOME

Essentials for the spring real estate rush

By Lydia McNutt

A

mong the blossoms and buds coming up, you’ve probably noticed the influx of For Sale signs on your neighbours’ front lawns. Spring signals the start of the real estate reason – although in hot housing markets like Toronto, every season is real estate season.

If you’re among the droves who’ve decided to make a move, your choice is likely the result of some other major milestone in your life. Maybe you’re relocating for your dream job. Maybe you’re getting married and want to plant your roots. Or perhaps you’ve outgrown your current home.

So, here you are: the “For Sale” sign is up and your schedule now revolves around showings – strangers sizing up our home, scrutinize the decor, and snooping through closets and cabinets. You’ve got to wonder, how many of these “prospective purchasers” are serious buyers versus browsers? And, well, everyone who walks through the front door has got to be the one, right?

Boy, this is already taking a toll, and it’s just the beginning!

Moving is an emotional experience. The experts will tell you that you have to detach from the process. Think objectively. Leave your feelings at the door.

But parting with something as personal as a home is easier said than done.

Apart from emotions, the purchase or sale of real estate involves money – lots of it. This is probably the biggest and most complicated transaction you’ll make in your lifetime, so hiring qualified professionals who have been there, done that is key to a solid, successful, and hopefully stress-free experience.

Don’t think of it as spending money, rather as saving you hassle and avoiding mistakes that could cost you a bundle in the long run.

Home inspector The money pit is a scary reality that many homebuyers jump right into, and one that can be avoided. A home inspector will identify components in your potential home that are missing, broken, unsafe and not up to code. While you may be tempted to forgo this condition of purchase – especially if you find yourself in a multiple offer scenario – do so at your own risk!

It can be difficult to think impartially about something as personal as a home. A professional, objective opinion certainly makes “detaching” from the process a little easier.

Mortgage broker The broker’s job is to find the best interest rate and terms.

Aside from potentially saving you thousands in interest over the life of your mortgage, you don’t have to pay for this service. Sound too good to be true? Mortgage brokers are compensated by the lender who gets your business, so let them do the legwork while you reap the rewards.

Real estate agent This is your guide, especially if you’ve never bought or sold a home. Even buyers of brand new homes or condos can benefit from a real estate agent, who can advise you on the best neighbourhoods and homes to meet your budget and lifestyle, while negotiating on your behalf to get you the best deal. If you’re considering a DIY sale, how much time can you devote to marketing, showings and closing the deal? That alone is a full-time job, and you probably already have one of those.

Real estate lawyer Don’t skimp in the interest of saving a few bucks – it’s a drop in the bucket, in the grand scheme of things. A home is an investment of hundreds of thousands of dollars, so do your due diligence.

60 NEW CONDO GUIDE APR 25 - MAY 9, 2015

Lydia McNutt is an award-winning writer and editor of New Condo Guide. Lydia’s love of architecture, interior design and the written word have landed her happily at home at Yellow Pages NextHome, where real estate rules. Email Lydia.McNutt@ypnexthome.ca, and follow her on Twitter @LydiasTweets

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APR 25 - MAY 9, 2015 NEW CONDO GUIDE 61

CONDO PROFILE

LIVE IN LIBERTY!

F

or those who appreciate a strong sense of community, soaring views of the skyline and parkland, and every cosmopolitan asset within reach, Liberty Central By The Lake Two is the place for you.

Liberty Village is one of Toronto’s most sought-after neighbourhoods, a master-planned residential community by 62 NEW CONDO GUIDE APR 25 - MAY 9, 2015

CanAlfa, designed to take full advantage of its lake-side location and phenomenal lifestyle in reach of everything that downtown living offers.

The glazed twin towers of Liberty Central By The Lake make an impact

from street level up, with a four-storey podium that includes a main lobby, retail spaces and a fully landscaped and amenity-filled rooftop terrace. While there are plenty of leisure spaces to explore inside, you’ll also be south of King Street West, within walking distance of restaurants, boutiques, galleries, groceries and daily essentials, as well as minutes from the downtown core, Exhibition Place and Lake Ontario.

Every aspect of Liberty Village is within walking distance of your new life. It’s the perfect place to raise a family or for individuals who like city living with a community feel. It’s also ideally situated to great transit and roadways.

For those with pets, it’s a dog-friendly area with parks and leash-free areas nearby. Other residents love the area for its remodeled architecture and unique touches that make Liberty Village a special place to live.

Liberty Central Two is the second tower, offering dozens of suite options with one, two and three bedrooms, many with dens and all showcasing spectacular views. While downtown living often comes with premium pricing, Liberty Central By The Lake is priced from $253,900 for a 461-sq.-ft. studio ranging to the low $500’s for a three-bedroom suite of 905 sq. ft. Maintenance fee includes building insurance, snow removal, landscaping and maintenance, and heating.

Residents of the first tower will be moving in this summer. There are still opportunities to select from some of these remaining suites so the Liberty lifestyle can begin even sooner!

Now open for viewing, the presentation centre, complete with model suite, is where future residents can mingle with potential new neighbours, and explore floor plans, amenities and the neighbourhood.

Just imagine living in Liberty...

There are more reasons than ever to consider Liberty Central By The Lake Two. For a limited time, condo buyers are being offered $10,000 off parking, a two-per-cent credit on closing and only 10 per cent down in the first year. That means you can own a Liberty condo for as low as $1,229 per month, depending on which suite you choose. It’s simple to own your home in the Liberty Village neighbourhood.

Residents of the first tower will be moving in this summer. There are still opportunities to select from some of these remaining suites, so the Liberty lifestyle can begin even sooner!

As a builder and developer with over 35 years of experience, CanAlfa brings its progressive approach to Toronto’s Scotia Plaza, Waterpark Place, and 10 and 20 Bay Street.

Liberty Central By The Lake joins its portfolio of properties – Liberty Urban Towns, Liberty Towers, Bliss, Liberty on the Park and Liberty Place – in making this downtown village Toronto’s most desirable and fun place to be.

To explore floor plans, amenities, views and the neighbourhood, you can download the CanAlfa App on iTunes or Google Play, or connect on Facebook and Twitter. Visit the presentation centre at 80 Lynn Williams St., call 416.537.0047 or email info@liveinliberty.com. Hours are Monday to Thursday noon to 6 p.m.; weekends and holidays noon to 5 p.m.

APR 25 - MAY 9, 2015 NEW CONDO GUIDE 63

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Be part of the transformation Register at ArtShoppeCondos.com *Registered trademark of Art Shoppe Limited. 2131 Yonge Developments GP Limited is an authorized licensee of such trademark.

Exclusive listing: Private Service Realty Limited, Brokerage. Brokers protected. Prices and specifications are subject to change, E. and O.E.

APR 25 - MAY 9, 2015 NEW CONDO GUIDE 65

MORTGAGE ADVICE

Bank of Canada holds overnight lending rate

By Alyssa Richard

I

nterest rates aren’t going anywhere. The Bank of Canada has announced it is holding its overnight lending rate at 0.75 per cent for another six weeks – and depending on the picture our future economy paints, it could be for a lot longer than that.

The overnight rate has only been sitting at 0.75 per cent for a little less than three months now, after Governor Stephen Poloz finally decided to cut it down from the one per cent it had held steady at for nearly 4.5 years. That decision was made in January, in an attempt to shield highly indebted Canadians from the negative impacts of the significant drop in oil prices (and job losses that have occurred as a result).

With oil prices staying low and the economy continuing to suffer, it was presumed that the central bank would further cut its rate in March and again at this most recent interest rate announcement – but that didn’t happen.

In a speech he made just a few weeks ago, Poloz announced that, “the first quarter of 2015 will look atrocious, because the oil shock is a big deal for us.” And it did. “The Canadian economy is estimated to have stalled in the first

If the economy doesn’t pick up, we could see another interest rate cut this year 66 NEW CONDO GUIDE APR 25 - MAY 9, 2015

quarter of 2015. The ultimate size of this impact will need to be monitored closely.”

As of press time, total CPI inflation is at one per cent, which reflects the drop in consumer energy prices, and core inflation remains close to two per cent. Unfortunately, first quarter results will place additional pressure on inflation, but GDP growth is expected to rebound later this year. And the central bank continues to offer messages of hope that the economy should reach and remain at full capacity by the end of 2016.

If the economy doesn’t pick up, we could see another interest rate cut this year. But my guess is Poloz will monitor it for a longer period of time than just three or four months before making that decision. The next interest rate announcement is on May 27, so we’ll see what the future holds then.

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

When the subway is next door and Bayview Village is across the street... the address is Vida.

COMING SOON Condos at Bayview Village from $199,990 Introducing Vida. Inspired condominium living, next to the subway, across from Bayview Village, with all the elements of the good life.

Live Life Connected.

Register at vidacondos.com • 416.304.1212 Exclusive Listing: Baker Real Estate Incorporated Brokerage.

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

CONDO PROFILE

Live at the centre of it all at Block Nine CITY SOPHISTICATION MEETS NATURAL SERENITY AT AMACON’S NEWEST RELEASE AT PARKSIDE VILLAGE, MISSISSAUGA Imagine the possibilities Inside Block Nine is a world of hotel-inspired leisure, social and fitness amenities that will leave you spoiled for choice. Designed by the award-winning interior designers, Tanner Hill, you’ll be overwhelmed by the incredible amenities. Inside, deep rich woods combined with polished stone and lacquer create a classic ambiance that will draw residents to relax in the expansive lobby lounge area, party room, show kitchen, theatre, exercise room and library. Outdoors, a sun terrace, walking path, children’s playground, and dining and barbecue areas are offered along with landscaped seating and relaxation areas.

A

macon Developments has announced that its latest community, Block Nine at Parkside Village, is set to launch this coming spring. Located in the heart of Mississauga’s City Centre, Block Nine offers the convenience of downtown living set along the tranquil setting of Parkside Village’s extensive outdoor spaces.

With prices starting in the mid-$200’s, Block Nine will offer 538 units within two identical 26-storey towers – North and South – that sit on a striking seven-storey podium.

“We are excited to introduce Block Nine to the Parkside Village community,” says Stephanie Butler, director of marketing and sales for Amacon. “Block Nine will have a classic look and feel that sets it apart from the rest of our Parkside Village communities. The traditional aesthetic of the building and its peaceful location will appeal to buyers looking for a quieter pace of life.”

68 NEW CONDO GUIDE APR 25 - MAY 9, 2015

About Amacon For years, Amacon has been changing the face of highrise living around Canada. Based primarily in Vancouver, Amacon made its move east to Ontario with a series of hit condos including Capri, Eden Park, Eve and Elle Condominiums in Mississauga.

Parkside Village, an 11-block pedestrian-oriented development, combines the conveniences of the big city, amazing design and an endless number of amenities into one beautiful package – Mississauga’s first and only urban village.

Start living at the centre of it all.

For more information and to secure your spot at Block Nine, register at lifeatparkside.com or by calling 905. 273. 9333.

START LIVING AT THE CENTRE OF IT ALL SECURE YOUR SPOT AT LifeatParkside.com

DEVELOPER

EXCLUSIVE BROKERAGE

PRESENTATION CENTRE 465 BURNHAMTHORPE RD. W., MISSISSAUGA, ON L5B 0E3 905 273 9333

IN THE NEWS

Last chance for pre-construction pricing at Oakville’s Senses Condos

N

ow is the time to come to your senses! Empire Communities is now offering pre-construction pricing for a limited time at Senses condominiums in Oakville. Purchasers have until Sun., Apr. 26 to take advantage before prices go up effective Apr. 27 at the 19-storey resortinspired condominium.

Construction is almost underway at Senses, making this the last opportunity to visit the presentation gallery, which will move to a new on-site location on Shepherd Road north of Kerr Street. Senses is the latest release of the second tower of Empire’s successful Rain masterplanned community located steps from the Oakville GO Transit and Via Rail stations.

Located in the revitalized Kerr Village and close to historic downtown Oakville, residents of Senses will experience an array of quaint shops, gourmet restaurants and charming cafes. Close proximity to the harbour and parks on the shores of Lake Ontario, extensive parklands, miles of hiking and biking trails, and the nearby world-famous Glen Abby Golf Club, make Senses even more desirable.

Senses’ amenity-rich location also offers quick access to schools and hospitals, and for those commuting outside of Oakville, the Oakville GO Transit and Via Rail stations are within walking distance. The transit-rich location also offers quick access to the QEW.

70 NEW CONDO GUIDE APR 25 - MAY 9, 2015

Designed by award-winning Graziani + Corazza Architects, Senses will feature spacious balconies and floor-to-ceiling glass with panoramic views of the lake and surrounding areas.

The resort-like interiors are designed by renowned Bryon Patton & Associates. Features and finishes include polished granite countertops, premium stainless steel appliances, walk-in closets, designer kitchen cabinets and deep soaker tub.

The resort-inspired amenities at Senses have never before been offered in an Oakville condominium. Residents will enjoy an indoor pool with a lounge area, fully equipped exercise room with yoga and Pilates studio, outdoor terrace with barbecue areas and fireplace, party room, entertainment room, car wash and pet wash area.

Suites at Senses are available in studio, one-bedroom, one-bedroom-plusden, two-bedroom and two-bedroom-plus-den layouts and range in size from 346 to 1,250 sq. ft. Prices start from $224,990.

For more information, call 905.845.7246, visit EmpireSenses.com or email senses@empirecommunities.com.

ONE STEP CLOSER TO EVERYTHING Still in pre-construction, One is the first, landmark residential tower of The Kip District community and your opportunity to make the investment of a lifetime. Located at Kipling and Dundas, this new community of five sleek towers will share a central park, shopping and The Kip Club, a members only, truly awesome amenity centre! All just minutes from some of Etobicoke’s nicest parks, shopping, schools, groceries and transit.

PRE-CONSTRUCTION PRICES START AT JUST $232,900

Visit the Sales Centre Today! 5143 Dundas St. West TheKipDistrict.com | TheKip@ConcertProperties.com Rendering is artist’s concept. Prices, availability, design and specifications subject to change without notice. E.&O.E. April 2015.

FUNDAMENTALLY SPEAKING

Higher development charges loom in Ontario

By Wayne Karl

G

et ready, new-home buyers. No, not just in your general preparedness for buying a home, but for an increasingly difficult – not to mention controversial – issue that’s costing you more money. And you may not even know it. Development charges.

If you’re not familiar with this term, you likely will be soon, as it’s a contentious issue facing home builders – and therefore buyers – across the country.

Just what are development charges? In short, they are the fees applied by various levels of government when new homes are built, to pay for new infrastructure such as roads, transit and other necessities.

That part you may know. But what you likely aren’t aware of is that these fees are rising exponentially, have been for years, and they’re occupying an increasingly high portion of new-home costs. And they’re passed right on to you, the homebuyer.

How much are we talking about?

In Toronto, for example, City Council recently voted to increase development charges by 75 per cent, to almost $30,000 for a semi- or single-detached home. These new fees are being phased in, and will be fully implemented by Feb. 1, 2016.

It’s even worse further out in the GTA, where municipal fees and charges collected by Markham, Oakville, Brampton, Bradford-West Gwillimbury and Ajax average out to about $116,200 on a new single-detached home, representing 22 per cent of the cost. For a new highrise, the fees average $64,000 – or 20 per cent.

But this is not just a GTA or Toronto problem.

In Ottawa, development charges and other government-imposed fees account for about 23 per cent of the cost of a new home – or about $100,000 of a single-family home. Twenty-five years ago, the costs accounted for just three per cent.

Now, with recent proposed changes from the Ministry of Municipal Affairs and Housing, new-home buyers could once again be dinged with higher development charges.

The provincial government is proposing reforms to the Planning Act and the Development Charges Act designed to “give residents a greater say in how their communities grow and would provide more opportunities to fund community services like transit and recycling.”

Others, however, including the Ontario Home Builders’ Association (OHBA) and the Building Industry and Land Development Association, fear these changes will just mean more taxes for new-home buyers.

“Municipalities are going to pile on a new transit tax on new-home buyers and businesses,” says OHBA CEO Joe Vaccaro. “Those new neighbours ultimately pay every new tax generated by government in the price of their new home.”

72 NEW CONDO GUIDE APR 25 - MAY 9, 2015

Though the problem may differ slightly from one region to the next, the concern is universal: new-home buyers are picking up a disproportionate part of the tab for infrastructure development.

As a prospective new-home buyer, you may not appreciate the importance of the development charges issue just yet. But if you’re a few or even several months away from making a purchase, you may learn the hard way what many are already concerned about: if such fees are allowed to rise unchecked, newhome affordability will eventually be severely threatened.

And that will be a price that, ultimately, no one can afford to pay.

Wayne Karl is an award-winning writer and editor with experience in real estate and business.

In Fundamentally Speaking, Wayne explores the basics of buying property.

He can be reached at wayne.karl@ypnexthome.ca or follow him on Twitter at Twitter.com/WayneKarl

CONSTRUCTION TO START THIS SUMMER!

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APR 25 - MAY 9, 2015 NEW CONDO GUIDE 73

IN THE NEWS

Master-planned townhome community coming to Oakville

Branthaven homes at Oakvillage

T

Minto homes at Oakvillage

he introduction of Oakvillage, a visionary masterplanned townhome community set on 300 kilometres of woodland trails, gives purchasers a new opportunity to access one of the most desirable areas in Southern Ontario.

Located on the northeast corner of Trafalgar Road and Dundas Street East, the site of Oakvillage’s freehold and condominium townhomes offers a host of urban amenities including cafes, shops and boutiques, as well as access to great schools, grocery stores, rapid transit and three highways (Hwy. 403, 407 and the QEW). The urban convenience is balanced by an Arcadian setting of parks, ponds and natural vistas. It’s this contrast that first attracted the development team of Minto Communities, Branthaven Homes and Emshih Developments to the site.

With prices starting in the low $400’s, and floor plans ranging from 1,190 to 2,175 sq. ft., Oakvillage is the perfect opportunity for cost-conscious purchasers looking to break into a competitive market. Phase one delivers over 450 units, with a mix of modern, west-coast contemporary and more traditional designs to choose from.

“Not only are townhomes more affordable, the floor plans keep getting bigger, making them a viable option for young families looking for that detached feel,” says Amanda Wilson Watkins, vice-president of marketing and sales at Minto. “These are beautiful, tailored living spaces,” adds Steve Stipsits, president of Branthaven.

“They are very bright, open and leave room for your family to grow, with the perfect blend of attainability, quality, and accessibility for anyone looking to live their life in Oakville’s most sought after new community.”

74 NEW CONDO GUIDE APR 25 - MAY 9, 2015

Branthaven’s proprietary “Fresh Thinking” features distinguish the townhomes at Oakvillage from the ordinary. Their award-winning designs boast kitchens that are loaded with smart extras including pantries, enhanced storage, under-cabinet iPad mounts and customizable peg organizer drawers.

Bathrooms have been treated with spa-style trimmings – deep soaker tubs with square edges, floating vanities, sleek shower shelves and cultured marble counters.

The coveted Oakvillage community arrives amidst an unparalleled run of success for Minto.

Recent awards include a triple-gold and 16 silver wins at the National Association of Home Builders 2015 National Sales and Marketing Awards, recognition as Builder of the Year by the Ontario Homebuilders’ Association in both 2014 and 2012, and the Building Industry and Land Development Association’s Green Builder of the Year in 2013.

For more information, visit oakvillage.ca.

live at the heart of king & bathurst beginning Winter 2016

oneeleven is under construction don’t miss out on this amazing opportunity. the oneeleven condominium residences are now over 75% sold! register today at oneeleven.ca or call 647 347 4111.

CONDOMINIUMS + LOFTS

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

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

Rendering is an artist’s impression. Prices and specifications are subject to change without notice. E.&O.E. March 2015 APR 25 - MAY 9, 2015 NEW CONDO GUIDE 75

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

ONLY 5% DOWN Move in 30 days Fabulous features: Granite countertops, Cartier kitchens, Whirlpool stainless steel appliances, 9' ceilings, Oak staircase, Smooth finish ceilings & more.

Starting from the mid $400,000 PARKING & LOCKER INCLUDED OPEN HOUSE Saturday and Sunday 12-6 pm 2320 Gerrard Street East, Unit 101 T. 416.693.7500 E. info@UpperBeachTownes.com W. www.UpperBeachTownes.com

Now Available!

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

For advertising details please call Dionne Fraser at 416.540.8819 *Prices, specs and availability correct at press time. **Promotion is valid to completed homes & inventory of 12 homes or less.

76 NEW CONDO GUIDE APR 25 - MAY 9, 2015

GTA Edition Apr 25 - May 9, 2015

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

IN THIS SECTION Maps and listings for new condo communities in the 416 region Builder news and the latest in condos in the 416 APR 25 - MAY 9, 2015 NEW CONDO GUIDE 77

CONDO WATCH

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

previews & registrations

new releases & grand openings

ON THE DANFORTH

By Diam Developments

MINTO YORKVILLE PARK

By Minto

Register now to love, lounge and live on the Danforth, steps to restaurants, shops, bars and the subway.

Web: OnTheDanforthCondo.com

ART SHOPPE CONDOS + LOFTS

By Freed & CD Capital Developments Experience the art of living at Yonge and Eglinton. Register now.

Web: ArtShoppeCondos.com

BLUE DIAMOND AT IMPERIAL PLAZA

By Camrost Felcorp Brilliant living and forever views at the aptly named new condo coming soon to Avenue and St. Clair. Register now.

Web: BlueDiamondCondos.ca/cg

CITYLIGHTS ON BROADWAY

By Pemberton Group New condos at Yonge and Eglinton are coming soon. Register now.

Web: CityLightsCondos.ca

previews & registrations THE BARTHOLOMEW

By The Daniels Corp.

Condominiums and traditional towns coming soon to Downtown East. Register today.

Web: DanielsBartholomew.com

LOTUS

By Chestnut Hill Developments Now previewing in Bayview Village – a new concept of luxury across from the Bayview subway and Bayview Village Shopping Centre.

Web: LotusCondos.ca

TEAHOUSE

By Lanterra Developments

EAST FIFTY FIVE

By Lamb Dev. Corp. & Hyde Park Homes Spectacular modern residences coming soon to the lower east side. Register now to stay informed.

Web: East55condos.ca

MINTO WEST SIDE

By Minto Preview opening coming soon at Minto’s new condominium, coming soon to Bathurst and Front Street. Register now.

Web: MintoWestSide.com

THE RAVINE

By Urban Capital & ALIT Developments City and nature come together at The Ravine.

Register now.

Web: TheRavine.ca

VIVID CONDOMINIUMS

By Pemberton Group

Launching Phase 2 in March. East meets West in this new Asian-inspired condominium located at 501 Yonge St. Register now.

Web: TeaHouseCondos.com

Vivid Condominiums at Bloor and Islington is the grand finale of a brilliant masterplanned community. Register now.

Web: VividCondos.com

LIBERTY CENTRAL TWO

By CanAlfa

TEA GARDEN CONDOMINIUMS

By Phantom Developments

Presentation centre now open. The sequel to Liberty Central By The Lake showcases spectacular lake and city views in the popular Liberty Village neighbourhood.

Web: LiveInLiberty.com

EAST UNITED

By SigNature Communities Register now to be part of Toronto’s vibrant east end, coming to the corner of Berkeley and King.

Web: eastunitedcondos.com

78 NEW CONDO GUIDE APR 25 - MAY 9, 2015

Intimate boutique address coming to the prestigious Bayview Village area.

Register now.

Web: TeaGardenCondos.com

Now open. A highly anticipated condominium in Toronto’s high-end Yorkville neighbourhood.

Web: MintoYorkvillePark.com

THE BARRINGTON

By Lash/Goldman Group Enjoy life overlooking scenic Forest Hill. Grand opening on April 25 at St. Clair and Bathurst.

Web: BarringtonCondos.com

AVANI 2

By Tridel This newest addition to the Metrogate landscape in now open at Kennedy and Hwy. 401. Visit the presentation centre today.

Web: Tridel.com

GIBSON SQUARE

By Menkes New release of podium suites in North York City Centre, at Yonge and Park Home.

Web: Menkes.com

PACE

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

Web: PaceCondos.com

RIVERCITY 3

By Urban Capital Presentation centre and model suite now open at Urban Capital’s new condominium coming to the revised West Don Lands.

Web: RiverCityToronto.com

BEACON

By Sorbara Group Sleek 35-storey tower coming to the North York skyline. Presentation gallery now open.

Web: BeaconCondos.ca

50 AT WELLESLEY STATION

By Plaza Now open at Yonge-Wellesley, this condo ushers in a new way of city living.

Web: PurePlaza.com

ACTUAL PHOTO ACTUAL PHOTO ACTUAL FROM SITEPHOTO FROMFROM SITE SITE

NOW OPEN NOW OPEN NOW OPEN

PREVIEW PREVIEW PREVIEW CELEBRATION CELEBRATION CELEBRATION

900 $$199 900 $199 , , ,900 199

GUILDWOODCONDOS.COM GUILDWOODCONDOS.COM GUILDWOODCONDOS.COM

Scarborough Golf Club Rd Scarborough Golf Club Rd

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Markham Rd Scarborough Golf Club Rd

* Parking * v Parking v Parking* v Locker v Locker v Locker ** v Maintenance ** v Maintenance v Maintenance**

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TO OVER $500,000 TO OVER TO $500,000 OVER $500,000

Eglinton Ave E Eglinton Ave E Eglinton Ave E

Presentation Centre: Presentation Centre: 3655 Kingston Road Presentation Centre: Eglinton 3655 Kingston Road Road GO Stn 3655 Kingston Eglinton Eglinton GO Stn d Hours: Monday to GO Stn nR t dsto Hours: MondayMonday to - 6pm n d Thursday: Noon R Hours: to g e nin n R t esc stoK nr to Noon - Noon 6pm - 6pm ntThursday: Friday:

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Exclusive listing broker Milbornefor Real Inc. Brokers E. & subject O.E. 2015. *Free parking on most residences. free living theliving first year.

Ask sales representatives fullEstate details. andprotected. specifications *Free parking on most **Maintenance residences. **Maintenance free for the first year.

Ask sales representatives for Prices full details.

Prices and specifications subject to change without notice.

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Exclusive listing brokerReal Milborne RealBrokers Estate Inc. BrokersE.protected.

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Bellamy Rd N

LIMITED TIME ONLY LIMITED TIME ONLY LIMITED TIME ONLY

Bellamy Rd N

FREE FREE FREE

Bellamy Rd N Markham Rd

Steps from the waterfront, moments to the GO and only minutes from Stepsdowntown. from moments to the toGO and minutes from Steps the fromwaterfront, the waterfront, moments GOonly and only minutes from Guildwood Condominiums, anthe intimate waterview residence FROM downtown.

Guildwood intimate waterview residence downtown.

Condominiums, an finishes, intimate waterview residenceFROM FROM overlooking TheGuildwood Guild.Condominiums, Modern interiors,an designer chef inspired kitchens overlooking The Guild.

Modern designer finishes, chef inspired kitchens Thelayouts Guild. Modern interiors, designer finishes, chef inspired andoverlooking open concept –interiors, all highlighted by an expansive rooftop terracekitchens with and endless open concept layouts – all highlighted by an expansive rooftop terrace with with and open concept layouts – all highlighted by antoexpansive rooftop terrace lake views.

Condominiums from $199,900 over $500,000 endlessendless lake views. from $199,900 to over to $500,000 lake Condominiums views. Condominiums from $199,900 over $500,000

GUlLDWOOD

GUlLDWOOD

GUlLDWOOD

416-266-3655 416-266-3655 416-266-3655

Connect to Everything that Matters.

Register now connectfairview.com Steps to TTC Subway and Metrolinx Gateway Located in one of Toronto’s exclusive transit hubs, it’s easy to stay connected to 401, 404, TTC, subway and downtown.

Well Established Neighbourhood Connect in minutes to prime shopping, dining, work and lifestyle amenities: ·Fairview Mall across the street ·Over 30,000 jobs within 6 minutes radius ·Fairview Public Library, Community Centre and a movie theatre

Creative. Passionate. Driven.

This is FRAM. From the builders of the Residences of the Shops at Don Mills, comes the next masterplanned community in a vibrant North York neighbourhood.

Connect with FRAM, a local developer with over 34 years of experience, carrying on a family tradition of Italian craftsmanship and quality homes.

GO TON DS D

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FR A M

BUILDING GROUP

E&O.E. All information correct at time of press.

Exclusive Listing: Cornerstone Marketing Realty Inc., Brokerage

Illustrations are artist’s concepts.

COMING THIS SPRING

CONDOS PHASE 2

“SEEING IS BELIEVING” AN UNIMAGINABLE OPPORTUNITY NEVER BEFORE SEEN IN TORONTO!

“AMAZING PRICES” SUITES FROM $169,900

“INCREDIBLE LOCATION” ISLINGTON & QUEENSWAY IN SOUTH ETOBICOKE, STEPS TO EVERYTHING.

PHASE 1 UNDER CONSTRUCTION REGISTER FOR PHASE 2!

PRICES SO UNBELIEVEABLE YOU’LL HAVE TO REGISTER TO SEE THEM!

A NEW MASTER PLANNED, PARK-INSPIRED COMMUNITY ISLINGTON & QUEENSWAY JUST STEPS TO TRANSIT, SCHOOLS, SHOPPING AND MORE.

REGISTER NOW! IQCONDOS.COM 416.253.5838 FOLLOW US ON

PHASE II AT IQ

EXCLUSIVE LISTING BROKERAGE: IN2ITION REALTY INCORPORATED. BROKERS PROTECTED. *PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. ILLUSTRATIONS ARE ARTIST’S CONCEPT. E.&O.E.

81 NEW CONDO GUIDE APR 25 - MAY 9, 2015

IN THE NEWS

Cloud9 tops off!

ETOBICOKE COMMUNITY CELEBRATES CONSTRUCTION MILESTONE

L

ash Group of Companies, developer of Cloud9 Condominiums, recently celebrated a major milestone at its spectacular new Etobicoke community. The building has been “topped off,” meaning the exterior has been formed and work can proceed toward completing the inside. This is exciting news for future residents, who will begin moving into the highly anticipated condominium community by the end of this year!

The stunning presence of this new modern building enhances the Kipling and Esther Lorrie Drive location, where abundant parkland, lush greenspaces and numerous trails meet the convenience of local amenities and quick access to the downtown core and major highways. Residents will soon enjoy the best of both worlds — a peaceful, green setting with everything you love about city living within easy reach. The TTC is literally right outside the door and with the imminent opening of the UP (Union-Pearson) Express, which will make one of its two stops between destinations at nearby Weston station, it’s getting even easier to get anywhere you want to go – in the whole world!

Those who call Cloud9 “home” will enjoy stunning city views from the top-floor amenities, where a pristine indoor pool, dazzling party room with catering kitchen and a fully equipped fitness centre expand living space into the thousands of square feet. It’s the perfect time of year to think about barbecuing on the lavish outdoor terrace, relaxing on the surrounding comfortable lounge seating, or cooking up a snack at the alfresco kitchen for friends to enjoy around the rooftop fire pit.

82 NEW CONDO GUIDE APR 25 - MAY 9, 2015

A selection of beautifully laid out one-bedroom, one-bedroomplus-den, two-bedroom and twobedroom-plus-den suites still remains, priced from only $229,990.

With Cloud9’s elegant exterior now a reality and an enticing array of time-limited incentives offered, they won’t last long. Call or visit today and learn more about the Buyer’s Advantage, where you get $5,000 cash back, $5,000 in upgrades, and save $5,000 on parking and locker.

You may also qualify to put just five per cent down on your new home!

Visit the presentation centre and Tanner Hill-designed model suite at 60 Esther Lorrie Dr. from Monday to Thursday, noon to 6 p.m.; or weekends and holidays from noon to 5 p.m. Call 416.747.0199 or email info@cloud9condos.ca.

GR A ND OPENING A T S T. C L A I R & B A T H U R S T S A T U R DAY, A P R I L 2 5 T H – 12 PM S H A R P

SPOTLIGHTING BARRINGTON’S 2015 DESIGNS With 2 new spectacular collections The Barrington offers an unparalleled lifestyle appeal. From stylishly designed 1 bedroom suites to exceptionally spacious 3 bedroom suites, this boutique residence is ideal for the urban dweller. Brilliantly located overlooking Forest Hill and just steps from the Subway, this is where you want to be.

K N IGH T SBR IDGE COL L EC T ION Suites From 734 Sq.ft. Up To 2,200 Sq.ft.

Suites From 555 Sq.ft. Up To 667 Sq.ft.

$424,990

$20,000

From

DESIGNER UPGRADE BONUS*

OWN FROM

$322,990

$1,750

MONTH**

PRESENTATION CENTRE:

522 ST. CLAIR AVENUE WEST

{AT ST. CLAIR AVENUE & BATHURST STREET}

MON. - WED.: 12PM TO 6PM, THURS.: 12PM TO 8PM FRI.: CLOSED, WEEKENDS: 12PM TO 5PM

EGLINTON

ST. CLAIR

TTC YONGE

*Designer upgrade bonus included in purchase price for Knightsbridge Collection. **Includes P&I, maintenance fees and property taxes with 20% down based on 2.49% mortgage rate and 25 year amortization. See sales representative for details. Prices and specifications are subject to change without notice. Exclusive Listing Broker, The Condo Store Realty Inc., Brokerage. Brokers Protected. E. & O.E. 2015.

SALES CENTRE

BATHURST AVENUE

BarringtonCondo

N SITE

BARRINGTONCONDOS.COM 416.410.4444 DUFFERIN

From

L ON DON F L AT S COL L EC T ION

CONDO PROFILE

TEA GARDEN CONDOMINIUMS WELCOME YOU TO BAYVIEW VILLAGE Phantom Developments’ new project delivers great value, great location and great design

T

oday’s savvy condo buyer wants an urban lifestyle with a residential feel. They want a community filled with lavish parks, and bustling shops and restaurants.

They want quiet streets near major highways, and convenient public transportation. They want easy access to work and entertainment, and they want to escape from it all when they step into their homes.

They want to live in Bayview Village!

“We helped condo buyers see the advantages of Bayview Village living with the launch of Jade Condominiums in 2012,” says Henry Strasser, principal of Phantom Developments. “With the success of that project, our company has been focused since then on finding another great project in this neighbourhood.

With the upcoming launch of Tea Garden Condominiums, we’ve found it!”

The new Tea Garden Condominiums will be a signature development in one of Toronto’s most coveted new communities.

Located at 2 Teagarden Crt. on the western edge of Bayview Village, this modern 12-storey building offers exceptional design and sophisticated living surrounded by everything you need just outside your door. continued on pg. 86

84 NEW CONDO GUIDE APR 25 - MAY 9, 2015

TEA.TIME. BOUTIQUE CONDO LIVING AT BAYVIEW VILLAGE FROM THE MID $200’S Welcome to Tea Garden Condominiums, located in the prestigious Bayview Village neighbourhood. An intimate boutique address graced with contemporary architecture and luxurious amenities. An urban oasis just steps to Bayview village, subway and parks!

R EG ISTER N OW AT T EAG A R D EN CON D OS.COM Brokers Protected. Prices and specifications are subject to change without notice. Illustration is artist concept. E .&O.E.

CONDO PROFILE continued

Neighbouring one of the city’s most upscale shopping destinations, Bayview Village Shopping Centre, Tea Garden is just steps away from its chic one-of-a-kind boutiques, chefinspired restaurants, and a host of day-to-day conveniences.

For those who prefer to spend their time surrounded by greenery, Bayview Village Park and Hawkesbury Park are in close proximity, not to mention the extensive East Don Valley Parklands, where you’ll find picturesque opportunities for hiking and biking along the East Don Trail.

In an area known for its premium access to transit connections, Tea Garden is just a four-minute walk from the Bayview subway station, which links up with the Yonge subway line and connects you with the downtown core within minutes.

Motorists will also be well-served by the 401 to the south and the Don Valley Parkway to the east.

Designed by Kirkor Architects, Tea Garden delivers affordable living with units priced from the mid-$200,000s and up, in a selection of sizes (484 to 1,119 sq. ft.) from one-bedroom layouts to two-storey town lofts.

The intimately scaled, 111-suite residence also boasts an outstanding range of amenities including a 12th-

86 NEW CONDO GUIDE APR 25 - MAY 9, 2015

floor rooftop terrace with a hot tub, barbecues, dining lounge and panoramic views; a multi-purpose entertainment room comprising a bar zone, kitchenette, lounge space and billiards table; in addition to a robust gym, guest suite, and a private theatre.

Tea Garden’s suites will feature timelessly elegant designs by Toronto’s Tomas Pearce Interior Designs, including signature kitchens with beautiful lacquer finishes, stainless steel Bosch appliances, and specialty cabinetry.

The signature bathrooms will incorporate luxury stone and mirror work with polished chrome fixtures.

“I’ve always loved the Bayview Village neighbourhood, and we are thrilled to be back with a development that offers great value, great location and great design” Strasser adds.

The Tea Garden sales centre is located at 399 Spring Garden Ave., Suite 113 (TH1) and is open Monday to Thursday noon to 6 p.m.; and Saturday to Sunday noon to 5 p.m. Call 416.762.8818 or visit teagardencondos.com for more information.

COME SEE WHY WATERMARK IS MAKING WAVES ON THE ETOBICOKE WATERFRONT. MODEL SUITE SELL OFF Immediate Occupancy • $10,000 Deposit • Free Parking • Free Locker Storage Over $40,000 in Upgrades Included in Price

Starting from the mid $300’s

Long Branch

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

N

Brown’s Line

Presentation Centre

Kipling Ave.

The Most Outstanding Mid-Rise Building

Thirty Fifth St.

Ontario Home Builders’ Association Award Winner

Lake Shore Blvd. W.

All prices & specifications are subject to change without notice.

E.&O.E. All Illustrations are artist’s concept only. Brokers Protected

Long Branch

Thirty Fifth St.

Browns

Kipling Ave.

N

Lake Shore Blvd. W.

Feel the conne ion at Bloor & Islington

Your connexion starts here. Steps from Islington subway and walking distance to the GO train. Near trendy shops, restaurants, bars, schools, Islington Village and The Kingsway. Contemporary spacious and light-filled townhome designs are so today - so you! Life can be great when you make the right Connexion.

urban towns priced right

300’s

$

from the low

Register today for first priority preview

northstarhomesinc.com *Prices and specifications subject to change without notice. Rendering is Artist’s concept. E & O.E.

LIVE FREE. LIVE BEAUTIFULLY.

ZERO MORTGAGE. ZERO CONDO FEES. ZERO TAXES. 100% AMAZING LIFE. R LAW

E ENC

.

AVE

RD .

Perspective Condominiums 290 Scarlett Rd. Etobicoke, ON

E. W. TON AV EGLIN E JAN ST.

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AL ROY RD.

E. W. IR AV

ST. CLA

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$

900

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TWo BeDRooM + Den

$

900

Offer Ends April 30th.

Visit our sales centre today for more details!

W.

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299

one BeDRooM + Den

Mon - Thurs : 1pm - 7pm Fri : Closed Sat - Sun : 12pm - 5pm

t: f: e: w:

416 242 3500 416 242 7924 info@perspectivecondos.com perspective4free.com In2ITIon

For one year only. Based on one year estimate of total monthly condo fees, total monthly property tax and total monthly mortgage interest at 2.6% of an 80% mortgage. Live Free promotion commences upon occupancy. Purchaser responsible for hydro, closing costs, moving costs, other related purchase costs and personal monthly expenses. Exclusive listing Brokerage: In2ition Realty. Brokers Protected. Prices and specifications subject to change without notice. E. & O.E. This offer is not to be combined with any other offers. For qualified purchasers only. Limited time offer until April 30, 2015, that may be withdrawn at any time without notice. Please see a sales representative for details.

IN THE NEWS

Toronto housing market surges during first quarter of 2015 CITY BUCKS NATIONAL TREND OF MODERATING PRICE APPRECIATION DUE TO HIGH DEMAND, LACK OF INVENTORY

T

oronto is showing sizable yearover-year price appreciation across all housing types, according to the recent Royal LePage House Price Survey.

Standard condominiums saw strong price growth during the quarter, up seven per cent to an average price of $395,584. Detached bungalows jumped 10.2 per cent year-over-year to $655,669, followed by standard two-storey homes, which were up 9.2 per cent to $803,794.

“The momentum we saw in the Toronto residential real estate market last year has carried over into the first quarter of 2015,” says Gino Romanese, senior vice-president, Royal LePage. “Competition for homes in Toronto, particularly bungalows and standard two-storey homes, is fierce. Buyers looking to redevelop these properties have become more prominent in recent quarters, putting additional upward pressure on prices and frequently causing bidding wars.”

Romanese says that inventory remains a major issue in Toronto, where the healthy flow of properties coming onto market can’t satisfy the demands of would-be homebuyers.

“In the condominium sector there are lots of buildings that are about to come onto the market in the next few quarters. The additional supply will help moderate price increases, but it

90 NEW CONDO GUIDE APR 25 - MAY 9, 2015

is unlikely we will see any sort of price retrenchment,” he adds.

According to Romanese, Toronto is seeing a bump in migration as Torontonians return from, and immigrants decide against moving to, Calgary.

“The recent struggles in Calgary due to low oil prices have made Toronto an even more appealing destination, which makes competition for homes here even more intense.”

Nationally, Canada’s real estate market is experiencing a soft landing, characterized by slower-than-normal home price increases. Much higher price increases were observed in the country’s two largest urban markets – Toronto and Vancouver – which combined to send the national average values upwards, partially obscuring the broader national trend.

During the quarter, the average price of a home in Canada rose between 3.8 and 6.6 per cent year-over-year in the first quarter. When broken out by housing type, the survey showed a year-over-year average price increase of 5.3 per cent to $451,463 for standard two-storey homes, while detached bungalows rose 6.6 per cent to $405,895. During the same period, the average price of standard condominiums climbed 3.8 per cent to $261,782.

The steady softening of prices in most markets across the country was first observed in the mid-year 2014 Royal LePage House Price Survey. In recent months, two unanticipated factors disrupted the natural housing price cycle: the steep decline in oil prices late in 2014 and the Bank of Canada’s subsequent reaction in lowering the overnight rate early in 2015.

“Canadian homebuyers, with the last decade’s recession still top of mind, have been very sensitive to shifting, broad economic factors. The oil shock has been unsettling for the national economy, consumer confidence and by extension, the housing market,” says Phil Soper, president and chief executive, Royal LePage. “That said, lower prices at the pump and the confidenceboosting move by the central bank to lower interest rates have been supportive. With these factors combined, we have a soft-landing for housing after several years of robust expansion. We define a soft-landing as a market in which home prices are flat or increasing slightly, giving the economy and family incomes, a chance to catch up.”

“On balance, we believe we will not be seeing the kind of appreciation observed over the last three years any time soon, as markets work through the current cycle and align with broader economic conditions,” Soper continues.

“In terms of downside risk, we do not foresee a sharp decline in home prices, particularly in today’s low interest rate environment.”

ARAGON.CA

™

ARAGON.CA

THINKFORWARD™ ARAGON.CA

LIVEFORWARD™ ARAGON.CA

ENIGMA ON THE PARK

91 NEW CONDO GUIDE APR 25 - MAY 9, 2015

t

#ARAGONFORWARD Aragon Properties Ltd.

r St W

Bloo

erin S Duff

heart of the connected Bloordale neighbourhood.

With direct access to the Go Train, expressway and metro lines, the opportunity to be a part of the best in urban design won’t last long—homes range from studio suites at $233,900 to penthouses starting at $361,900. Register today at aragon.ca/enigmalofts.

Call or visit: 138 St. Helen’s Ave, 416.516.1551.

Ave owne Lansd Ave elens St. H

Enigma on the Park is now over 50% sold.

Construction has started, and the Presentation Centre will be moving to Bloor Street by Spring 2015. Enigma represents more than a subtle shift in urban planning and architectural design practices.

It’s a revolution that begins with these 86 parkside loft style condos and townhomes located in the

Presentation Centre e St

Colleg

Dundas St W

N

specifications, features and prices without notice. Please refer to disclosure statement for specific offering details. E.&O.E.

™

*In our continuing effort to improve and maintain the highest standard, the developer reserves the right to modify or change plans,

OVER YOU DON’T LIVE IN DESIGNFORWARD 50% A BOX. THAT’S WHY SOLD WE’RE THINKING MOVEFORWARD OUTSIDE OF IT.

IN THE NEWS

7 hotspots coming to Canary District

By Lydia McNutt

T

oronto’s burgeoning Downtown East area has been abuzz this spring, with new development at every turn in anticipation of the Pan Am/Parapan Am Games this summer.

At the heart of the action, the athletic facilities are almost complete and The Canary District, originally planned as an athletes’ village for the Games but destined to become one of Toronto’s top live-work-play neighbourhoods, is gearing up to welcome its first retail residents that will occupy the 46,000-sq.-ft. ground-floor space of this innovative, pedestrian-friendly, mixed-use community.

Following in the footsteps of the highly successful Distillery District model of mixed-use residential and retail, Canary District developer Dundee Kilmer had a distinct vision for the revival of this rapidly aging downtown enclave. Leading the transformation, the developer teamed up with LiveWorkLearnPlay Inc., an international real estate development and advisory firm specializing in the development of large-scale mixed-use projects and the revitalization of neighbourhoods.

92 NEW CONDO GUIDE APR 25 - MAY 9, 2015

Lining Cherry Street and Bayview Avenue, soon-tobe residents and day-trippers will welcome hotspots including Dark Horse Espresso Bar, Fuel Plus, OpusGlow Concept Spa, Pizza e Pazzi, Tabule Middle Eastern Cuisine, The Running Room and Think Fitness Studio.

“Best of the best retail operators,” as described by Dundee Kilmer president Jason Lester, thoughtfully selected to enhance the healthy lifestyle characterizing this urban pocket and those who will call it “home.”

“To become part of a community that fosters health and wellness is truly sensational,” said Diana Sideris, owner, Tabule Restaurant Inc. “Our concept of fresh, casual and healthy dining not only lends to the unique aspect of this area, but will also stand tall with the other amazing retailers that have been invited to be a part of this innovative community. Tabule has always been dedicated to the neighbourhoods it serves and we are excited to expand our footprint and community involvement in the Canary District.”

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

# Builder 2 Great Gulf 6 Cresford Development Corp.

7 The Daniels Corporation 11 Menkes Developments Inc. 11 Menkes Developments Inc. 18 Urban Capital 20 Menkes Developments Inc. 23 Tribute Communities 26 Bazis Inc. 27 The Daniels Corporation 35 Menkes Developments Inc. 35 Menkes Developments Inc. 41 Lash Group of Companies 42 Triumph Developments 48 Madison Homes 48 Fieldgate Homes 49 Lanterra Developments 50 Cresford Development Corp.

52 Cresford Development Corp.

52 Cresford Development Corp.

58 Great Gulf 65 Aragon Properties 67 Pemberton Group 68 Lamb Development Corp.

74 The Daniels Corporation 75 Canalfa Group 76 The Daniels Corporation 77 Andiel Homes Inc. 77 Berkshire Axis Development 77 Signature Communities 79 Freed 85 Harhay Developments 99 Great Gulf 140 Eden Shaw 140 45 Charles Ltd. 149 Camrost - Felcorp 150 Aspen Ridge Homes 162 Pianosi Developments 190 Cresford Development Corp.

201 Solotex 202 Bazis Inc. 202 Rio Can 202 Metropia 218 Malibu Investments Inc. 218 Urban Capital 222 Lamb Development Corp.

2 Concord Adex 3 Concord Adex 3 Concord Adex 3 Concord Adex 3 Concord Adex 4 Gairloch Investments 4 Centrestone Urban Developments Inc. 5 Onni Group of Companies 5 Onni Group of Companies 5 Concord Adex 6 Cresford Development Corp.

6 Cresford Development Corp.

7 The Daniels Corporation 8 Cresford Development Corp.

9 Aspen Ridge Homes 9 Cityzen 10 Empire Communities 11 Tridel Corporation 12 North Drive Investment 12 Streetcar Development 13 Streetcar Development 14 Canalfa Group 15 Tridel Corporation 16 Freed 17 Rockport Group 18 Urban Capital 18 Urban Capital 18 Monarch Corporation 19 KIngstone Road Development *TH: Townhomes, C: Condo

Site Telephone TH* C* Price Range Page Finder Yonge+Richmond 416-499-8883 • from $330,000 25 16K Merton Yonge Condominiums 416-484-1900 • from $450,000 120 14e High Park Condominiums 416-351-1844 • from $300,000 29 8L Pears on the Avenue 416-323-0100 • from $420,000 Insert 14I 365 Church 416-591-7700 • from $242,000 Insert 14I RC3 416-862-0505 • • from $220,000 43 18L Fabrik 416-591-7700 • from $350,000 Insert 14M The College 416-363-4800 • from $350,000 51 M14 No1 Yorkville 416-519-2911 • from $408,000 3 15I One Park Place South Tower 416-955-0559 • from $250,000 23 18k 87 Peter 416-591-7700 • from $282,000 Insert 15M The Eglinton Yonge at Heart menkes.com • Insert 15D The Barrington Condominiums Flats 416-410-4444 • from $323,000 83 12H Howard Park 2 416-873-0989 • 73 9L Zigg St.Clair West 416-545-0223 • • from $320,000 47 14J Zigg St.Clair West 416-545-0223 • • from $320,000 47 14J Teahouse 416-861-1111 • from $200,000 11 16K VOX 416-485-3000 • 120 15J CASA 2 416-486-2272 • from $350,000 IBC 15L CASA III 416-486-2272 • from $350,000 120 15L Monde 416-466-8885 • from $320,000 25 17M Enigma on the Park 416-516-1551 • from $234,000 91 9L Citylights on Broadway 905-326-4100 • from $200,000 9 14D East Fiftyfive 416-861-9559 • from $280,000 55 17L The Bartholomew Downtown East 416-955-0559 • from $220,000 31 18K Liberty Central by the Lake Two 416-537-0047 • • from $250,000 61 12N Daniels Waterfront 416-221-3939 • from $280,000 15 17M East United Toronto Condos 905-273-9333 • from $200,000 Insert 18L East United Toronto Condos 905-273-9333 • from $200,000 Insert 18L East United Toronto Condos 905-273-9333 • from $200,000 Insert 18L Art Shoppe Condos artshoppecondos.com • from $200,000 65 14D One Eleven Condominiums & Lofts 647-347-4111 • from $250,000 75 13M One Bloor Residences 416-922-0081 • from $580,000 25 15I Chaz Yorkville Condos 416-922-0045 • from $400,000 27 16J Chaz Yorkville Condos 416-922-0045 • from $400,000 27 16J Blue Diamond at Imperial Plaza bluediamondcondos.ca/cg • from $300,000 1 15I Studio on Richmond 647-352-7736 • from $300,000 45 15M Perspective Condos 416-242-3500 from $300,000 89 4H 1000 Bay 416-485-3000 • from $350,000 120 15J Upper Beach Townes 416-693-7500 • from $450,000 76 24G E Condos 416-243-8688 • from $390,000 5 14D E Condos 416-243-8688 • from $390,000 5 14D E Condos 416-243-8688 • from $390,000 5 14D Smart House 416-292-0219 • from $442,000 33 15L Smart House 416-292-0219 • from $442,000 33 15L The Harlowe 416-363-1771 • from $276,000 53 15M FWD at Concord CityPlace 416-813-0999 • • 13F Quartz at Concord CityPlace 416-813-2999 • • 15M Spectra at Concord CityPlace 416-813-0999 • • 15N Grand Parade 2 at Concord CityPlace 416-813-0999 • 15M Parade TWO Park Collection at Concord CityPlace 416-813-0999 • from $308,000 15M 383 Sorauren 383sorauren.com from $265,000 9M 383 Sorauren 416-588-0383 from $265,000 9L Garrison at the Yards 416-260-2600 • from $190,000 14n West Lake 416-260-2600 • from $240,000 14N Newton at Concord CityPlace 416-813-0999 • 12F NXT2/Phase Two 416-977-5300 • • from $210,000 5F NXT at Windermere By the Lake 416-977-5300 • • from $350,000 5F The Parkside Collection 416-351-1844 • from $700,000 8L NXT 2 416-977-5300 • • from $300,000 8N VU 416-970-9500 • • from $370,000 16L Riverside in Pine Grove 416-746-1234 3F The HUB 416-784-3482 • from $250,000 9F Sherwood at Huntington 416-485-1900 • from $1000,000 18G The High Park 416-670-3699 • from $300,000 8L RC3 416-750-7506 • from $300,000 23D Trinity Lofts 416-690-2988 • from $330,000 19l Liberty Place 416-537-0047 • • from $170,000 12N 101 Erskine 416-480-0700 • from $286,000 14D 155 REDPATH 416-996-5428 • from $210,000 14D The Nest 416-223-0003 • from $250,000 11H River City 416-862-0505 • • from $250,000 18L River City 2 416-862-0505 • • from $500,000 18L Riva del Lago 416-495-3544 • from $300,000 24c The Glen 416-694-3333 • from $255,000 23H

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

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

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

Builder

Greenland Group Monarch Corporation Tridel Corporation Greenpark Homes Tridel Corporation Bazis Inc. Empire Communities Empire Communities Pinnacle International Pinnacle International Worsley Urban Partners Madison Homes Lamb Development Corp.

Neudorfer Corporation Cresford Development Corp.

Easton’s Group Great Gulf Fernbrook Homes/Cityzen Dev. K-CAP Laird Inc. Tridel Corporation Pinnacle International Conservatory Group Pinnacle International Minto Communities Inc. Tridel Corporation Tridel Corporation Lanterra Developments Times Developments Inc. MintoUrban Communities Inc. MintoUrban Communities Inc. Streetcar Development Lanterra Developments Lindvest Canalfa Group Minto Communities Inc. Pemberton Group Fernbrook Homes/Cityzen Dev. Lamb Development Corp.

E-Park Development Emsatec Canada Inc Neudorfer Corporation Shiu Pong Development Ltd. Madison Homes State Building Group Tower Hill Development Corporation Harhay Developments Diam Developments Empire Communities Lamb Development Corp.

Tridel Corporation Tridel Corporation Carttera Carttera Fernbrook Homes/Cityzen Dev. DHD Developments Lamb Development Corp.

Plaza Menkes Developments Inc. Lifetime Developments Aspen Ridge Homes Context Development Inc. Context Development Inc. The Brownstone Group of Companies The Brownstone Group of Companies Great Gulf Plaza Bazis Inc. Metropia Plaza Pemberton Group Pemberton Group The Daniels Corporation The Daniels Corporation The Daniels Corporation Pinnacle International Great Gulf Lifetime Developments Lifetime Developments Concert Properties Triangle West Development Lanterra Developments Tridel Corporation Tridel Corporation Tribute Communities Tribute Communities Graywood Developments Mod Developments Inc. Alterra Homes/Finer Space BSaR Ltd Andrin Homes Graywood/Beaverhall Development Camrost - Felcorp Camrost - Felcorp Camrost - Felcorp Cityzen Fernbrook Homes Fernbrook Homes Urban Capital Malibu Investments Inc. Alit Developments Tre Memovia Developments Lifetime Developments Lifetime Developments Castlepoint/Cityzen/Fernbrook Sorbara Group Streetcar Development Mizrahi | Khalili Developments Sorbara Group Graywood Developments Mod Developments Inc. Reserve Properties Reserve Properties Pemberton Group Streetcar Development Greenpark Homes The Daniels Corporation Tri-Win Developments Inc MintoUrban Communities Inc. Lifetime Developments Centre Court Development Streetcar Development Menkes Developments Inc. Fieldgate Homes Freed Carttera Mod Developments Inc. Reserve Properties Castlepoint/Numa Dundee Kilmer Developments Dundee Kilmer Developments Torbel Group Pemberton Group Baywood Homes TAS DesignBuild Lamb Development Corp.

Lamb Development Corp.

Concord Adex

*TH: Townhomes, C: Condo

Site

Telephone

TH* C*

Price Range

Page

King Blue Condos 416-599-1355 • from $215,000 Picasso on Richmond 416-495-3549 • from $400,000 Ten York 416-596-9888 • from $1020,000 Axiom Condominiums 647-352-4077 • from $225,000 Spadina Queen 416-661-1949 • from $350,000 One Yorkville 416-519-2911 • from $475,000 Water Tower at Eau Du Soleil 416-503-3328 • from $350,000 Eau Du Soleil Waterfront Condominiums 416-503-3328 • from $350,000 Success Tower at Pinnacle Centre 416-360-0673 • from $750,000 33 Bay Residences at Pinnacle Centre 416-925-3325 • from $375,000 Totem Condominium 416-792-1877 • from $320,000 The Madison 416-482-8090 • from $420,000 Riverside Towns 416-368-5262 • from $460,000 Fuse Condos 416-534-4444 from $220,000 Lofts 399 416-867-3999 • from $590,000 Dundas Square Gardens 416-645-8575 • from $200,000 Brocton Commons greatgulf.com/brocton • from $370,000 Garrison Point garrisonpoint.ca • from $250,000 The Upper House Condos in Leaside 416-425-1800 from $350,000 Alter 416-645-4599 • from $250,000 Palatial Collection 416-925-3325 • from $800,000 Milan 416-928-7409 • from $520,000 The PJ pinnacleinternational.ca • from $300,000 Yorkville Park mintoyorkvillepark.com • • from $420,000 Aqualina at Bayside 416-514-2710 • from $350,000 Aquavista at Bayside Toronto 416-514-2710 • from $1000,000 11 Wellesley 416-861-1111 • from $250,000 The 500 Condos + Lofts 416-960-0606 • from $400,000 King West 416-367-5464 • from $210,000 775 King West 416-367-5464 • from $330,000 Riverside Square 416-466-4466 • from $200,000 3018 Yonge In Lawrence Park 416-787-8882 • from $390,000 B Streets 416-532-6636 from $635,000 Liberty Central by the Lake 416-537-0047 • West Side mintowestside.com • • from $220,000 The Uptown Residences 416-987-3500 • from $950,000 The Selby theselbycondos.com • The Brant Park 416-368-5262 • from $262,000 Foundry Lofts 416-531-7760 from $399,000 The Brownstones 5 416-531-7760 • from $350,000 Brownstones 416-531-7760 • from $305,000 Design Haus mydesignhaus.ca • from $250,000 The Upper Canada Condominium 416-489-5194 • from $1800,000 The Upper Canada Condominiums 416-489-5194 • from $1.8,000 2221 Yonge 647-350-2221 • from $320,000 East Condos & Lofts 416-368-5262 • from $310,000 On The Danforth onthedanforthcondo.com • from $250,000 Schoolhouse 416-979-1333 • from $595,000 Flatiron Lofts 416-368-5262 from $243,000 300 Front Street West 416-217-0300 • from $324,000 Atmosphere 416-217-0300 • from $1200,000 One Eleven Condominiums & Lofts 647-347-4111 • from $250,000 One Eleven Condominiums & Lofts 647-347-4111 • from $250,000 Pier 27 Waterlink 416-367-3456 • from $800,000 Gooderham Condos at The Distillery 416-361-1322 • from $390,000 The King East 416-368-5262 • from $435,000 King West 647-341-1731 • from $346,000 Four Seasons Private Residences Toronto 416-775-7500 • from $1900,000 Four Seasons Private Residences Toronto 416-775-7500 • from $1900,000 Seventy Seven Charles Yorkville 416-203-7034 • from $2100,000 Market Wharf 416-861-8181 • from $260,000 Library District Condominiums 416-861-8181 • from $222,000 Brownstones in Davenport Village 416-531-7760 from $245,000 Brownstones on the Park 416-531-7760 • from $260,000 Charlie 416-927-9772 • from $960,000 Ivory On Adelaide 647-341-1731 • from $279,000 Exhibit 416-967-7778 • Exhibit 416-967-7778 • Exhibit 416-967-7778 • U Condominiums 416-546-6605 • from $750,000 The Urban Townhome Collection 416-546-6605 • from $1899,000 One Park West 416-955-0559 • from $406,000 One Park Place Condominiums 416-955-0559 • from $200,000 Festival Tower 416-203-2020 • from $350,000 The Pinnacle on Adelaide 416-596-1600 • from $350,000 X2 416-927-0080 • from $500,000 X2 416-927-0080 • from $303,000 Bisha Hotel & Residences 416-637-2211 • from $274,000 88 Scott 416-216-8588 • Art Condos 416-535-7775 • from $530,000 Riverhouse at the Old Mill 416-766-7343 • from $518,000 Two Old Mill 416-645-7022 • from $356,000 Old Mill 416-645-7022 • from $450,000 RCM I on University 647-351-9247 • from $393,000 Queen & Portland 416-363-4800 • from $315,000 5 St. Joseph 416-928-0555 • • from $250,000 5 St. Joseph 416-928-0555 • • from $250,000 Post House Condominium 416-964-2777 • from $350,000 12 Degrees 416-408-1200 • from $350,000 The Berwick 416-922-9425 from $280,000 The Mercer 416-597-6940 • from $350,000 Imperial Plaza 416-925-2501 • from $986,000 Yorkville Plaza 416-966-3003 • Yorkville Plaza II 416-966-3003 • Backstage on the Esplanade 416-777-2533 Backstage on the Esplanade 416-777-2533 Vero 416-798-7070 from $250,000 Tableau Condominiums 416-591-8887 • • from $450,000 Tableau Condominiums 416-591-8887 • • from $350,000 Tableau Condominiums 416-591-8887 • • from $350,000 Carmelina 416-423-8500 • from $325,000 The Yorkville Condominiums 416-987-3344 • • from $550,000 The Bond Condominiums 416-546-7525 • • L Tower 416-777-2533 • from $410,000 thirtytwo Camden 416-860-0060 • from $240,000 8 Gladstone 416-690-9009 • from $335,000 133 Hazelton Residence 416-926-9900 • 210 Simcoe 416-217-0210 • from $420,000 Five Condos 416-928-0555 • • from $375,000 Five Condos 416-928-0555 • • from $375,000 Rise 416-546-7399 • • from $290,000 Model Suite of the Month • Neon 416-987-7878 • from $470,000 The Carlaw 416-690-8588 • from $200,000 Allure Condominiums 416-487-7600 • from $350,000 Cinema Tower Condominiums 416-203-2020 • from $450,000 FAD Condos 416-815-1818 • from $250,000 30 Roe 416-915-3812 • from $397,000 INDX 416-987-4639 • INDX 416-987-4639 • The Carnaby 416-690-9009 • from $250,000 Noir 416-977-8780 • from $250,000 90 Niagara 416-981-0036 from $347,000 SIXTY Colborne 416-601-0060 • from $300,000 SIXTY Colborne 416-598-7775 • from $300,000 The Massey Tower 416-966-0197 • • from $320,000 109OZ 416-531-4844 • from $300,000 The Sterling 416-777-2533 • • from $230,000 Canary District Condominiums 416-603-7576 • from $250,000 Canary Park Condominiums 416-603-7576 • from $250,000 Wallace Walk 416-531-1818 • from $210,000 TEN93 Queen West 416-546-6355 • from $280,000 TEN93 Queen West 905-326-4100 • from $280,000 Duke Condos junctionlife.ca King Charlotte 416-368-5262 • from $416,000 Theatre Park 416-368-5262 • from $537,000 FWD at Concord CityPlace 416-813-0999 • •

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

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

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torontoregionalmaps: Toronto, East York, York

#

21 22 22 24 25 26 28 28 29 29 31 32 33 36 37 38 39 40 43 44 45 46 47 48 51 51 53 54 55 55 56 57 59 60 61 62 63 64 66 66 66 69 70 70 71 72 73 78 81 83 84 85 85 88 94 101 102 103 103 104 106 106 109 109 110 114 117 117 117 118 118 120 120 122 124 126 126 128 129 130 131 131 131 133 134 135 135 137 141 142 148 149 149 149 151 151 151 153 153 153 154 155 155 157 165 170 173 175 179 179 184 184 185 186 188 189 191 192 195 195 197 198 199 200 200 206 207 210 215 215 217 217 217 219 220 221 223

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400

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121

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torontoregionalmaps: North York

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

96

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Builder

1 6 9 12 13 15 16 40 96 121 123 1 2 3 3 4 4 5 6 6 6 6 7 8 10 10 10 11 14 17 21 25 25 28 33 37 50 50 95 96 96 96 101 122 122 122 124 125 128 128 130 132

Fram Building Group Concord Adex Sorbara Group Ghods Builders Inc. Castle Group Developments Phantom Developments Urban Capital Menkes Developments Inc. ELAD Canada Liberty Development Corp.

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

*TH: Townhomes, C: Condo

Site

Telephone

TH* C*

Price Range

Page

128 Connect Condos connectfairview.com 80 Omega on the park 416-813-2999 • • 18-19 Beacon beaconcondos.ca • from $290,000 59 5959 Yonge Street 416-222-5959 • from $289,000 46 Vida at Bayview Village 416-304-1212 from $200,000 67 Tea Garden Condos teagardencondos.com • from $250,000 85 The Ravine 416-850-2489 • • from $250,000 41 Gibson Square 416-730-9722 • from $836,000 Insert The Colours of Emerald City coloursofemeraldcity.com • from $250,000 57 World on Yonge 905-771-7010 • from $284,000 37 The Station 416-398-9777 • from $300,000 26 Opus 416-813-2999 • • The Avanti Condominiums 416-636-0400 from $390,000 VISTO vistocondos.ca from $220,000 Westhaven 416-792-6655 • from $633,000 Hullmark Centre 416-733-2883 • from $524,000 Aristo at Avonshire 416-730-0300 • from $383,000 The Brownstones at Westown lindvest.com from $330,000 Tango at Concord Park Place 416-813-2999 • • from $236,000 Discovery at Concord Park Place 416-813-2999 • Discovery II at Concord Park Place 416-813-2999 • • from $210,000 Tango2 at Concord Park Place 416-813-2999 • from $265,000 SOUL mysoulcondos.ca from $250,000 Pearl 2 Condominiums 416-512-1818 • Emerald Park 416-221-8802 • from $188,000 Emerald Park 416-221-8802 • from $188,000 Emerald Park 416-221-8802 • from $188,000 Insignia Residences at Bayview Village 416-304-1212 from $350,000 Diva Condo DivaCondo.com from $225,000 Lotus Condominiums 416-222-8338 • from $299,000 Argento 416-663-1818 • from $562,000 The Yorkdale Condominiums 416-781-9990 • from $170,000 The Yorkdale Condominiums 416-781-9990 • from $170,000 Alto at Atria 416-645-8866 • from $288,000 The Palm Condominium Residences 416-306-1000 • from $400,000 Portrait Condominiums 416-282-9600 • from $300,000 88 416-915-3805 • from $330,000 Flo Condominiums 647-799-0356 • from $250,000 Scenic on Eglinton 416-805-1781 • Emerald City Condominiums 416-492-0001 • from $250,000 Dreamtower At Emerald City 416-492-0001 • from $248,000 Biyu Emerald City biyucondos.com • from $250,000 Posh Condominiums 905-771-0134 • from $544,000 Treviso Condominiums 416-787-8882 • from $203,000 Treviso II 416-787-8882 • from $250,000 Treviso III 416-787-8882 • from $250,000 Trio at Atria 416-645-8866 from $255,000 LIV Lofts 416-445-5638 • from $250,000 NY Place 416-221-3939 • from $250,000 NY2 416-221-3939 from $250,000 Canterbury 647-352-2130 • • from $700,000 Flaire Condos 416-445-8868 • from $320,000

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

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

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

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

1

2

3

4

5

7

8

17

18

19

20

Passmore Ave Humberline Dr l Rd

44

34 Bloor St W

35 Queensway

22

46

Gardiner Expressway Evans Ave 2

Horner Ave

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

50 8 5 51

65

25

70

Park Lawn

QEW

16

Royal York Rd

Dundas St W

7

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

d

Rathburn Rd

21

9

*TH: Townhomes, C: Condo

ett R

12 Etobicoke

409

Scarborough

Site Islington Terrace Guildwood The KIP District Lago Humber Mews Harmony Village Watermark Joy Condos Terrace on Danforth IQ Condos Phase 2 Vivid Condos Connexion at Islington Avani 2 At Metrogate Imagine Condos On The Go Mimico The Academy The Academy Nautilus at Waterview The Epicurean Altitude One Sherway Condominiums One Sherway Condominiums Hunt Club Terrace Cloud 9 Condominiums Cloud 9 Condominiums Richview Jasmine Condominiums Residences at The Hunt Club Three Seven Condos & Lofts Key West Condominium Royal York Urban Towns Centro Dwell City Towns Eleven Superior Encore Triumph at Valhalla Parc Nuvo at Essex Waterscapes West Village Westwood Condominiums Avani At Metrogate Jade Condominiums Nature’s Path 2150 Condos Haven On The Bluffs Lexington South Shore Qube Condos Me Condos

Scarl

Av e

40

W estway

Mil

Da nf or th

Blv d

Dixon Rd

Ranforth Dr

Centennial

Manse Rd

Galloway Rd

lva

Builder Tridel Corporation Scollard Development Concert Properties Monarch Corporation Menkes Developments Inc. Citycore Queenscorp Residences Gemterra Liberty Development Corp.

Remington Group Pemberton Group North Star Homes Tridel Corporation Insoho Developments Stanton Renaissance Devron Developments Lemine Investment Group Monarch Corporation Monarch Corporation Conservatory Group Great Gulf Menkes Developments Inc. Wilkinson Developments Lash Group of Companies Carttera National Homes Averton Homes Infinity Developments Esquire Homes Times Group Corp.

ICON Homes Henderson Development Limited Menkes Developments Inc. Davies Smith Monarch Corporation Edilcan Development Corp.

Tridel Corporation Monarch Corporation Tridel Corporation Alterra Homes/Finer Space Tridel Corporation Phantom Developments Your Home Developments VHL Developments Ltd. VHL Developments Ltd. Royale Grand Woodbine Developments MintoUrban Communities Inc. First Avenue Properties Lash Group of Companies

26

Islington Ave

le

Kipling Ave

Martin Grove Rd

xd a

10

27

2A

Sy

28

25

1

15 60

24

Rd

62

East Ave Port Union Rd

Orton Park Rd

Markham Rd

Scarborough Golf Rd

n

sto

ion

23

Finch Ave W

401

11 n Av

Ki

Alb

Re

14

# 8 11 16 18 22 23 25 26 28 46 50 50 55 1 2 3 3 4 5 6 7 7 9 10 10 12 13 14 15 17 19 20 21 24 29 34 35 39 44 51 55 56 60 61 61 62 65 70 71

21 22

427

RD

ng

Ki

16

Beare Rd

3

15

e

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

Victoria Park

g

McCowan Rd

Brimley Rd

Lawrence Ave E

St. Clair Ave

n Dr

orto

Brim

Eglinton Ave E

f

71

Bellamy Rd

Kennedy Rd

Warden Ave

Birchmount Rd

Pharmacy Rd

e

61

Progress Ave

29 20

14

Sheppard Ave E

Morrish Rd

55

Ellesmere Rd

d

401 Midland Ave

401

Milner Ave

Conlins Rd

13 23

13

Meadowvale Rd

Sheppard Ave E 26

Ave

Morningside Ave

evin

McL

12 Reesor Rd

Huntingwood Dr

c

11 Sewells Rd

Finch Ave E

b

10

Neilson Rd

McNicoll Ave

9

Tapscott Rd

McCowan Rd

A

6

56

6 19 24 17 18

4 39

Lakeshore Blvd W

Telephone TH* C* Price Range Page Finder 416-645-8862 • from $250,000 BC 23F 416-266-3655 • from $200,000 79 8F thekipdistrict.com • from $233,000 71 22F 416-495-3544 • from $200,000 Insert 25c 416-259-2525 • from $550,000 Insert 20H 416-493-0123 • 93 2C 416-354-2221 • from $350,000 87 23H joycondos.com • from $220,000 58 4c 416-987-7575 • from $253,000 37 2G 416-253-5838 • from $170,000 81 23G 416-239-8200 • from $250,000 8 23F northstarhomesinc.com • from $320,000 88 23F 416-293-5535 • from $220,000 IFC 4C 416-367-7303 from $235,000 4F 647-692-8417 • from $250,000 23H academycondos.com • from $220,000 10D academycondos.com • from $220,000 10D 416-203-6636 • from $400,000 25H 416-495-3530 • from $250,000 24F 416-321-1659 • from $230,000 25H 416-695-3535 • from $280,000 20G 416-695-3535 • 20G 416-698-3020 • 2H 416-747-0199 • from $230,000 22B 416-800-0812 • from $230,000 22B 416-746-1234 • from $570,000 23D 416-702-1234 • from $250,000 2C 416-699-1711 • from $300,000 2G esquirehomes.ca • from $210,000 12D keywesttorontocondo.com from $320,000 25H 416-901-0206 • from $220,000 24H 416-296-1898 • from $185,000 5D 416-259-2525 • from $390,000 20F 416-259-8882 • from $300,000 24H 416-495-3544 • 6D 416-233-5554 • from $250,000 21F 416-231-0999 • from $456,000 22g 416-495-3544 • from $400,000 26H 416-620-1887 • from $290,000 20F 416-239-9888 • from $250,000 23F 416-293-5535 • from $240,000 4C 416-762-8818 • from $293,000 25G 416-745-6686 • • from $270,000 11E 416-750-2150 • 3E 416-2611-9555 • from $160,000 3E 416-638-8444 • from $240,000 21C 416-913-2136 • from $350,000 22H 647-351-7823 • from $200,000 24G 416-430-0003 • from $250,000 8D Attention Builders - Want to add your community to our maps?

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

torontoregionalmaps: Scarborough, Etobicoke

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58

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St

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Univ

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QEW

26

12

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25

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Toronto Waterfront

h

waterfrontmaps: Toronto

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

98

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Builder

Site

1

Menkes Developments Inc.

Telephone

TH* C*

Price Range

•

from $350,000

Page

Finder

Harbour plaza

416-591-7700

15 The Daniels Corporation

Daniels Waterfront

416-221-3939

18 URBAN CAPITAL

RC3

416-862-0505

58 GREAT GULF

Monde

416-466-8885

• • from $320,000

25

17E

60 CANALFA GROUP

Liberty Central by the Lake Two

416-537-0047

61

11F

2

Concord Adex

FWD at Concord CityPlace

416-813-0999

• •

13F

3

Concord Adex

Quartz at Concord CityPlace

416-813-0999

• •

12F

3

Concord adex

ParadeTWO Park Collection at Concord CityPlace

416-813-0999

• from $308,000

15M

4

Monarch Corporation

Nautilus at Waterview -

416-203-6636

• from $400,000

25H

4

tridel corporation

Aqualina at Bayside Toronto

416-514-2710

•

16E

4 tridel corporation

AquaVista at Bayside Toronto

416-514-2710

• from $1,000,000

16E

5

Cresford Development Corp.

NXT at Windermere By The Lake

416-977-5300

• • from $350,000

11f

5

Cresford Development Corp.

NXT2/Phase Two

416-977-5300

• • from $210,000

4E

8

CONCORD ADEX

Spectra at Concord CityPlace

416-813-0999

• •

14F

10 Great Gulf

Twenty Lombard

416-499-8883

• from $492,000

16K

11 CAMROST FELCORP

California Condominiums

sunsetcondos.ca

• from $242,000

25G

18 URBAN CAPITAL

River City 2

416-862-0505

• from $276,000

16F

29 Pinnacle International

33 Bay Residences at Pinnacle Centre

416-925-3325

• from $375,000

15F

*TH: Townhomes, C: Condo

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

Insert

14F

• from $280,000

15

16F

• from $220,000

43 16F

• from $250,000

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

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

Page

Finder

Insert

Bu

Rd

Rd

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Br id g

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Qu

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Riva Del Lago

13B

Newcastle 416-495-3544

• from $300,000

Watermark

416-354-2221

• from $350,000

Insert

Oshawa

24c

401

87

19D

Atwater Condos

905-271-5038

• from $280,000

12C

2

Stanton Renaissance

On The Go

647-692-8417

• from $250,000

23C

3

Davies Smith

Eleven Superior

416-259-8882

• from $300,000

23C

4

DUnsire Developments

Anchors at Lakeview

905-990-1745

• from $420,000

13B

8

chestnut hill development

San Francisco By The Bay

905-831-3631

• • from $180,000

23J

Eau Du Soleil - Waterfront Condominiums

416-503-3328

25B

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

• from $320,000

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

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

waterfrontmaps: GTA

ia lD r

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W Rd

Eg lin rn Ra to ha th n m bu th rn or Rd Du pe E Th nd Rd e as W Qu St ee E ns w ay

W

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Schomberg

Phillip M

Manvers

Scugog

• from $400,000

Park Rd S

og

Scug

Bloor St

S

Price Range

Lake

Park Rd S

Whitby 7 Waterfront

TH* C*

W entworth St

Lindsay

Uxbridge

Gibb St

Centre St.

416-495-3544 48

King St WBond St

Stevenson Rd

Telephone

8

401

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99

CONDO WATCH

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

new releases & grand openings

previews & registrations

LEGACY PARK

By Liberty Development Corp.

SENSES CONDOMINIUMS

By Empire Communities

Live in Thornhill’s most connected community at Bathurst and Centre Street.

Web: LegacyParkCondos.com

Senses is the latest release at Empire’s successful Rain community at the bustling intersection of Speers Road and Kerr Street in Oakville. Register for VIP access.

Web: SensesCondos.com

URBAN TOWNDOMINIUMS

By Rosehaven Homes Grand opening continues at these sensational homes located at Mississauga Road and Sandalwood Parkway.

Web: RosehavenUrban.com

HOT CONDOMINIUM

By Great Gulf Phase 3 final release of this stylish boutique condominium is now on sale at Winston Churchill and Eglinton.

Web: GreatGulf.com

PACE ON MAIN

By Geranium Homes Luxury suites are coming soon to Stouffville’s boutique condominium address.

Web: GeraniumHomes.com

THE CRAFTSMAN CONDOMINIUM

By Vandyk Grand opening of new sales centre and model suite. Check out these artisan-inspired condo residences, coming to Clarkson Village.

Web: CraftsmanCondo.com

100 NEW CONDO GUIDE APR 25 - MAY 9, 2015

VILLE CONDOMINIUMS

By Forest Green Homes Register now for the best of urban living and small-town charm, right in the heart of Streetsville in Mississauga.

Web: VilleCondos.ca

OAKVILLAGE

By Minto, Branthaven and Emshih Introducing Oakvillage, a master-planned townhome community coming to Dundas Street East and Trafalgar Road. Register now.

Web: Oakvillage.ca

THE SORRENTO

By Armour Heights Developments Register now for this four-storey condominium offering European-style living in Richmond Hill.

Web: TheSorrento.ca

THE MET CONDOS

By Plaza The Met takes comfort and luxury to a whole new dimension.

Web: TheMetCondos.com

PINNACLE GRAND PARK 2

By Pinnacle International

THE BERKELEY

By Carriage Gate Homes

Brand new suites are now on sale at Pinnacle Grand Park 2, the newest addition to Mississauga’s skyline.

Web: PinnacleGrandPark.ca

A hotel-inspired condominium is coming to Caroline Street and Elizabeth Street in Burlington.

Web: TheBerkeleyCondo.com

GTA Edition Apr 25 - May 9, 2015

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

IN THIS SECTION Maps and listings for new condo communities in the 905 region Builder news and the latest in condos in the 905 APR 25 - MAY 9, 2015 NEW CONDO GUIDE 101

Rendering is artist’s concept.

HAVE YOU DISCOVERED

MAIN STREET STOUFFVILLE?

BOUTIQUE

JUST MINUTES NORTH OF MARKHAM

CONDOMINIUM LIVING

MAIN STREET DOWNT T W WN STOUFFVILLE FVIL

• Steps to the Stouffville GO Station • Minutes to Highways 48, 404 and 407 • Enjoy the fabulous amenities of Main Street including local bistros, unique boutiques, neighbourhood pubs and cafes, outdoor festivals, farmers’ markets, parks and recreation — all at your door

Sales Centre: 6212 Main Street, Stouffville

PACE ON MAIN SALES CENTRE

SITE

OBrien Ave

Blake St

404

Main St LLoyd St

905-591-1071 | PaceOnMain.com Mon to Wed: 1 – 6pm / Sat & Sun: 11am – 5pm Thurs & Fri: Closed or by appointment

9th Line

Stouffville Rd

Freel Ln

1, 2 & 3 BEDROOM SUITES | 650 TO 1,517 SQ. FT. | FROM $329,900 (Includes One Parking Space)

Burkholder St

Major Mackenzie Dr 407

Prices and specications are subject to change without notice. Renderings are artist’s concept. Map not to scale. Brokers Protected. E.&O.E.

STOUFFVILLE

CONDO PROFILE

IMAGINE LIVING THE LIFE IN THE VILLE!

Vibrant condo community coming to Streetsville

T

ake a moment to imagine what living in a one-of-a-kind Ville Suite would be like: the best of urban living combined with small-town charm, where the GO Transit train and bus station allow direct access to downtown Toronto, a short walk to historic Queen Street with an array of quaint boutiques, spas, shops and restaurants to explore.

Discover how the clean, modern exterior design of the building is balanced with the use of warm, appealing building materials such as wood

and stone. The well-appointed main lobby continues this inviting feeling and really sets the tone for your arrival home. Then there is the added security and convenience of underground monitored parking and lockers.

continued on pg. 106 104 NEW CONDO GUIDE APR 25 - MAY 9, 2015

105

CONDO PROFILE continued

Now, envision you’ve entered your suite and picture the modern, spacious layout that features nine-ft. ceilings, contemporary gourmet kitchens with quartz or granite countertops, stainless steel fridge, glass cook-top and built-in wall oven and dishwasher. Can’t you just see yourself waking up and enjoying your morning coffee on your expansive wrap-around terrace or balcony, taking in the naturally lush vistas of the surrounding ravine and half-acre park greenery along with a full view of picturesque uptown Streetsville?

Built originally as a mill town along the meandering Credit River, Streetsville has successfully retained its small-town charm. Timothy Street built his family home near the mill site in 1825 and it still stands on the banks of the river. It is part of a concerted effort by civic-minded residents to ensure the heritage of Streetsville. Through the clever integration of modern shops and restaurants into historically significant buildings, Streetsville has evolved to provide you with your everyday modern amenities while preserving its distinctive look and friendly hometown atmosphere. All you have to do is take a short walk from Ville home to discover the wide array of shops, restaurants and entertainment options that pepper Queen and Main Streets.

It is this balance of old and new that makes Streetsville such an inviting village in the City of Mississauga.

With miles of winding paths along the Credit River, you can get out and enjoy the fresh air. Go for a walk, a run or even a bike ride down to the expansive Erindale Park. Discover a multitude of other small parks along the way, and you could even do some fishing or kayaking down the gentle river way.

The ultimate in urban living and small-town charm come together in the Ville Condominiums. Located in the heart of Streetsville, access to amenities for both work and pleasure are only steps away from your condominium community. The GO Transit train and bus station allow direct access to downtown Toronto, while the historic Queen Street is replete with boutiques, 106 NEW CONDO GUIDE APR 25 - MAY 9, 2015

spas, and restaurants to discover.

Register now for this exclusive opportunity to live in the urban oasis of the Ville Condominiums.

With over 60 years of family home-building experience, Forest Green Homes has become synonymous with quality craftsmanship, attention to detail and better living. Buyers benefit from Forest Green Homes’ combination of on-site management and ‘design for value’ philosophy. Inspired by its natural surroundings, the same is true of the Ville Condominiums. Built for the future, the environmentally friendly features, materials and tools selected provide you with a cleaner, better living space. The Forest Green Homes commitment to the environment is as strong as their commitment to building a place that you will love and be proud to own – for today and tomorrow.

For more information, visit forestgreenhomes.com

HOW HOW WOULD HOWWOULD WOULD YOU YOU SPEND YOUSPEND SPEND

$$20,000?

20,000?

***

FOR A LIMITED TIME: FOR FORAALIMITED LIMITEDTIME: TIME:

BUY BUY NOW BUY NOW NOW

AND AND RECEIVE ANDRECEIVE RECEIVE *** $$$20,000 20,000

WINTER GARDEN WINTER WINTERGARDEN GARDEN

GRAND SUITE GRAND GRANDSUITE SUITE

FROM $$$306,990 LUXURY FROM LUXURY CONDOMINIUMS 306,990 LUXURYCONDOMINIUMS CONDOMINIUMSFROM 306,990

Under Under construction with Winter 2015 occupancy Underconstruction constructionwith withWinter Winter2015 2015occupancy occupancy VISIT OUR SALES CENTRE: 9612 YONGE STREET VISIT VISITOUR OURSALES SALESCENTRE: CENTRE:9612 9612YONGE YONGESTREET STREET 905.907.4370 www.grandpalace.ca 905.907.4370 www.grandpalace.ca 905.907.4370 www.grandpalace.ca

YONGE ST.

HILLCREST MALL HILLCREST MALL

BAYVIEW AVE. BAYVIEW AVE.

9612 Yonge Street

YONGE ST. YONGE ST.

9612 Yonge Street

WELDRICK 9612 RD. Yonge Street WELDRICK RD. HILLCREST WELDRICK RD.16TH AVE. MALL

BAYVIEW AVE.

MAJOR MACKENZIE DR. MAJOR MACKENZIE DR. MAJOR MACKENZIE DR.

16TH AVE. 16TH AVE. 407 407 407

Prices & specifications subject to change without notice, E. & O. E. Prices & specifications subject to change without notice, E. & O. E. PricesTime & specifications subject to change without notice, E. & O. E. *Limited offer. See Sales Representatives for full details. *Limited Time offer. See Sales Representatives for full details. *Limited Time offer. See Sales Representatives for full details.

CONDO PROFILE

THE REAL JEWEL OF RICHMOND HILL

G

rand Palace Condominiums is proving once again why it is one of the most desirable new condominium communities in Richmond Hill. To welcome the warmer weather, the developers at G Group are offering an unbelievable $20,000 Developer’s Grant to all new purchasers.

The Developer’s Grant is a limitedtime offer unlike any other in Richmond Hill. With each purchase, G Group is offering homebuyers an astounding $20,000 which can be used any way you desire! For example, part or all of the money can be used to upgrade the already spectacularly finished suites, or to be received as cash-back on closing.

108 NEW CONDO GUIDE APR 25 - MAY 9, 2015

This remarkable offer is just another example of G Group’s commitment to catering to the needs of homebuyers. “At Grand Palace, our vision is to create an ambient lifestyle of enjoyment, serenity and convenience, all while surrounded by beauty and luxury,” says marketing manager Candice Gasparro. With luxurious amenities like The Grand Spa, a one-of-a-kind amenity space for residents, life at Grand Palace promises to be exceptional.

“This is the perfect community to call home,” says Gasparro, adding that the three partners, Stefano Guizzetti, Albert Gasparro and Jack Scivoletto as well as the staff at G Group, have all purchased their own suites at Grand Palace, attesting to the quality of this beautiful development.

G Group looks to provide convenience and exceed expectations at Grand Palace by offering standard finishes that would be considered upgrades at other developments.

Each suite at Grand Palace features nine-ft. ceiling heights

An uncompromising standard of excellence is apparent at Grand Palace, which boasts some of the most luxurious amenities designed to improve the quality of life of its residents and comes equipped with independent suite climate control.

Each tower also features richly appointed guest suites, party rooms and spacious outdoor terraces. Residents of Grand Palace can have all the convenience of condominium living with the luxury of hosting special occasions and entertaining a large number of guests!

An uncompromising standard of excellence is apparent at Grand Palace, which boasts some of the most luxurious amenities designed to improve the quality of life of its residents. Uniting towers A and B and located directly on Yonge Street is the jewel of the community, the Winter Garden.

This year-round oasis features underground water streams and 27-ft. ceilings where residents can enjoy the beautiful atmosphere, even in the coldest of winters. Boutique coffee shops at each end of the Winter Garden will have residents savouring every moment at this fantastic location.

Unbeatable amenities coupled with the fantastic Developer’s Grant set in the heart of Richmond Hill truly

make Grand Palace Condominiums an unbeatable package. Here, residents will really “Live Life Grand” as they recline in the beautiful Winter Garden, relax in the exclusive Grand Spa and relish life in the luxurious suites.

With two towers already well under construction, occupancy is expected to begin this winter. The $20,000 Developer’s Grant is a limited-time offer, but sales representatives are available daily at the Grand Palace sales centre, located at 9612 Yonge St., for more details.

APR 25 - MAY 9, 2015 NEW CONDO GUIDE 109

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6

Forest Green Homes

Ville Condominiums

9

Empire Communities

Senses Condominiums

905-845-7246

34 Pinnacle International

Pinnacle Uptown, Crystal

47 The Daniels Corporation

Daniels Erin Mills

1

Vandyk Communities

The Craftsman

2

Windcatcher Development Corporation

Atwater Condos

905-271-5038

The Clairington

3 Castleridge Homes

Telephone

TH* C*

905-273-9333

Price Range

Finder 69

20L

from $220,000

105

16L

•

from $230,000

6-7

17Q

905-568-9000

•

from $200,000

103

19K

905-306-6996

•

from $250,000

17

17M

from $310,000

21N

•

from $280,000

24L

905-793-0002

•

from $230,000

16E

villecondos.ca

•

Page

•

craftsmancondos.com

3

Pinnacle International

The Marquee Townhomes on the Park

905-568-9000

•

from $700,000

20K

4

Conservatory Group

Mirage

905-232-2400

•

from $270,000

20K

7

Great Gulf

HOT

905-828-4257

•

from $330,000

16M

8

Fernbrook Homes

Absolute World

416-869-6057

•

from $188,000

21k

8

Cityzen

Absolute World

416-869-6057

from $188,000

21K

10 AMACON

The Residences at Parkside Village

905-273-9333

•

21K

12 Alterra Homes

Renaissance in Olde Brampton

416-710-1010

•

from $490,000

13H

14 Pemberton Group

Rosedale Village Golf & Country Club

905-799-5000

•

from $346,000

13F

15 ADI Development Group

Link2 Condos+Lofts

905-592-2028

•

from $195,000

5M

16 Vandyk Communities

Windows on the Green

905-822-3333

from $300,000

19N

17 Pemberton Group

Downtown Erin Mills Condominiums

905-630-6300

•

from $300,000

18M

18 Retirement Lifestyle Communities

Palisades on the Glen

905-820-8210

•

from $290,000

18N

20 Carriage Gate Homes

The Berkley Downtown Burlington theberkeleycondo.com

•

5M

21 Casino Bay Dev. Corp./Toddglen

Panoramic Point at Brewery Bay

1-866-611-5525

•

from $264,000

7Q

27 Inzola Group

Park Place

905-451-7001

•

from $310,000

14H

30 Pinnacle International

Pinnacle Grand Park 2

905-276-3981

•

from $200,000

20L

30 Pinnacle International

Pinnacle Grand Park

905-276-3981

•

from $300,000

20L

32 Armour Heights Developments

River’s Edge

905-533-2400

•

from $285,000

14A

35 Ashley Oaks Group

Emporium at Joshua Creek

905-618-0660

•

from $200,000

17O

38 Tridel Corporation

Metrogate - Ventus 2

416-293-5535

•

•

from $302,000

19J

38 Tridel Corporation

Ventus at Metrogate

416-293-5535

•

•

from $344,000

19J

45 Empire Communities

Rain Condominiums

905-845-7246

•

from $200,000

17Q

46 Mattamy Homes

The Mount Pleasant Village

mattamyhomes.com

•

from $200,000

20K

*TH: Townhomes, C: Condo

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

•

•

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

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

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

#

111

1

A

2

3

4

5

6

7

8

9

10

11

12

13

14

15

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

16

17

18

19

20

East

Site

Telephone

2

34

TH* C*

Town of Markham

46

12

5

7 407

11 Concess ion R

Rd

10 Concess ion R

H w y.27

Builder Tribute Communities

To wn of O sh awa

9 Line

n de Al

14 Ave

M ain St S H w y.48 Raym ervi lle D r

#

Key Maps

M ajor M ackenzie

Bullock D r Hw y 7

3

Steeles Ave E

3

26

28

M cCow an Rd

404

7 14

A ldergrove D r

St

16 Ave Carlton Rd

407

404

John

45

Kennedy Rd

Cachet Pkw y

Ave

32

1

18 Ave

W arden Av e

16th Ave.

Elgin M ills Rd

W oodbine

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

Leslie St

Leslie St

A ve

7

Clark Ave W

Steeles Ave W

112

rn Strathea

Centre St

24 1 13

4

Thornhill H enderson Av e

407

31

Yonge St

44

N ealD r

e Av

7

40

d St

n to

7

g 407

D enham D r

ng Isli t nce S Clare Kipling Av e

50

22

41 26

43 10 33

Langstaff Rd

404

M ajor M acKenzie

W eldrick Rd W

25

401

19 Ave

Elgin M ills Rd

Richmond Hill

Rutherford Rd

400

19th Ave.

Yorklan

St

20

Regent St M illSt

Maple

401

G am ble Rd

Bathurst St

D ufferin

e

ff Rd Langstaf

Keele St

H untington

11

M ajor M ackenzie

24

401

Jefferson Sideroad

Cr

Teston Rd

d

400

Jane St

Kirby Rd

N ashville Rd

W eston Rd

c

Pine Valley

Cold Cree k Rd

12 Line Rd

King-Vaughan Rd

To wn of Ajax

City of Pickerin g

Yonge St

6

Bayview Ave

King Rd

23

To wn of W hitby

Bloom ington Sideroad

b

21 22

Markham

D enison St

Price Range

Page

Finder

Varley

905-604-1477

•

from $520,000

51

19F

13 Liberty Development Corp.

Legacy Park

905-731-8302

•

from $265,000

36

10g

32 Liberty Development Corp.

Royal Gardens

905-889-9997

•

from $303,000

37

15F

43 Guizzetti Developments

Grand Palace

905-907-4370

•

107

12E

44 Liberty Development Corp.

Centro Square Condos 2

905-851-8877

•

from $400,000

35

5F

•

1

Monarch Corporation

Garden Court

416-495-3595

from $400,000

16D

2

Flato Development

Arthouse Condos

905-554-8722

from $200,000

22D

4

Tridel Corporation

Renaissance of Richmond Hill

416-736-9500

from $740,000

14E

5 Lindvest

•

Grand Cornell Brownstones in Markham

905-294-6161

from $340,000

23F

6

Armour Heights Developments

The Sorrento

289-637-1777

•

from $390,000

13B

7

MintoUrban Communities Inc.

•

from $369,000

12F

from $250,000

12E

WaterGarden

416-915-3800

10 Great Lands Corp.

The Beverly Hills Resort Residences

905-882-6636

11 Triaxis Development Inc/Marino Developments

Courtyards of Maple

416-798-7070

•

from $390,000

7D

12 Greenpark Homes

UV2

905-554-6501

•

from $253,000

22F

14 Remington Group

The Signature Condominium

905-948-9900

•

from $300,000

18F

14 Remington Group

Model Suite of the Month

905-948-9900

•

from $300,000

18F

20 Solmar Development Corp

Bellaria Residences

905-417-8482

•

from $240,000

7e

22 Quadra Mgt. & Sceptre Devs.

Renaissance Court at Woodbridge Gates

905-851-4220

•

from $505,000

2F

22 Wycliffe Homes

Fairground Lofts

905-605-5900

•

from $340,000

2F

24 Liberty Development Corp.

The Fountains

905-731-8302

•

from $272,000

10F

26 Rice Development

Ambria

905-796-3630

•

from $340,000

3F

28 Chestnut Hill Homes

San Francisco by the Bay

905-831-3631

•

from $200,000

22C

31 Pemberton Group

Sky City

905-709-5700

•

from $320,000

12F

31 Pemberton Group

Sky City 2

905-709-5700

•

from $320,000

12F

32 Signature Communities

TAO Boutique Condos

905-597-2535

•

from $200,000

15F

33 Pemberton Group

Miracle at Yonge

905-709-5700

•

from $280,000

12F

34 Sierra Homes

68 Main Street

905-305-0822

•

from $250,000

21E

40 Nova Trimax

Allegra

905-850-6866

•

from $250,000

1F

Vista Parc Condominiums

905-850-8883

•

from $260,000

3F

45 Kylemore Communities

The 6th Angus Glen

905-887-9950

•

19E

46 Empire Communities

The Mark

905-554-5015

•

22E

41 Quadcam Development Group Inc

*TH: Townhomes, C: Condo

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

•

•

from $250,000

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

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

HOMEBUYERS’ HELP

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

APR 25 - MAY 9, 2015 NEW CONDO GUIDE 113

HOMEBUYERS’ HELP

Calculate your mortgage payments interest rate

amortization period

chart figure

mortgage amount ÷ 1,000

monthly payment

EXAMPLE: 5%

25 YEARS

5.82

125 (MORTGAGE AMOUNT $125,000)

$

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

03 Choose your desired

04 At the intersection of

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

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

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

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

114 NEW CONDO GUIDE APR 25 - MAY 9, 2015

Bear in mind that this is a rough estimate. If you have several other large loans already, you may qualify for less.

Also, banks and trust companies vary in their policies.

The best way to know what you can afford is to go to the lending institution of your choice and get pre-qualified.

Mortgage payment calculation chart

%

INTEREST RATES

Amortization Periods 15 YEARS

20 YEARS

25 YEARS

30 YEARS

2.50%

$666

$529

$448

$394

2.75%

$678

$541

$461

$407

3.00%

$690

$554

$473

$421

3.25%

$702

$566

$486

$434

3.50%

$714

$579

$499

$448

3.75%

$726

$591

$513

$461

4.00%

$738

$604

$526

$476

4.25%

$750

$617

$540

$490

4.50%

$763

$630

$553

$504

4.75%

$775

$644

$567

$519

5.00%

$788

$657

$582

$534

5.25%

$801

$671

$596

$549

5.50%

$814

$684

$610

$564

5.75%

$827

$698

$625

$579

6.00%

$840

$712

$640

$595

6.25%

$853

$726

$655

$611

6.50%

$866

$741

$670

$626

6.75%

$880

$755

$685

$642

7.00%

$893

$769

$700

$659

Table provided by Calum Ross, owner, president and principal broker at Calum Ross Mortgage. He can be reached at 416.410.9905, calum@calumross.com and calumross.com APR 25 - MAY 9, 2015 NEW CONDO GUIDE 115

ONTARIO’S MOST-READ NEW HOMES GROUP WE ARE THE LARGEST MAGAZINE DISTRIBUTION SYSTEM IN ONTARIO. Apr 18 - May 2, 2015 Volume 23 Issue 08

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Apr 11 - 25, 2015 Volume 18 Issue 07

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Eastern Ontario Edition

COMING SOON to KIT CHE NER

SMART AND STYLISH

a piece of paradise AT WESTWOOD MEWS

HOT TOPIC: FINISHES & OPTIONS THAT PAY OFF

INSIDE THIS ISSUE

CONDO INVESTORS, KEEP YOUR EYES ON THE PRIZE

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DECLUTTERING TIPS FOR THE CONDO BUYER

THE BENEFITS OF BUYING A NEW HOME

MORTGAGE INSURANCE PREMIUMS ON THE RISE

WHAT’S IN A NEW-HOME WARRANTY?

INSIDE THIS ISSUE

TARION NAMES FINALISTS FOR AWARDS OF EXCELLENCE

CITY FOCUS ON BURLINGTON: STRONG ECONOMY & HOUSING

THE BENEFITS OF JOINING YOUR CONDO BOARD

INSIDE THIS ISSUE

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WORKING TOGETHER TO BUILD BETTER SUBURBS

MAKE WAY FOR SPRING!

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1 YOUR S PFIRST E C I AHOME L E DWINTER I T I O N 2015 MATGTA - Builders Annual- Single Page Magazine Ad

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A SPECIAL ADVERTISING SUPPLEMENT

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2015 Home Builders’ Annual

HIGHLIGHTING THE

top builders & condo communities

Highlighting the top builders and developers across the GTA

across the GTA

EXPERT ADVICE Top tips to guide you through the homebuying process

HIGHLIGHTING THE TOP

builders & developers

HIGHLIGHTING THE top builders & new-home communities

KNOCK ON WOOD Six-storey wood housing a viable new option

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in Ottawa

across SWO

Is This Why It’s Called The Greater Toronto Area?

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iscover great new ways to live all around the Toronto region. Mattamy lets you choose where and how to live more fully in extraordinary communities from Hawthorne South Village in Milton, The Preserve in Oakville, Mount Pleasant North in Brampton, St. John’s Forest in Aurora, to Downsview Park within Toronto.

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Thanks to thoughtful design and an insistence on making every space beautifully livable, Mattamy has created over 70,000 homes in hundreds of communities across North America.

THE EXPERTS WEIGH IN:

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EXPERT ADVICE Top tips to guide you through the homebuying process

Taunton Taunton Why pre-construction condo investments pay off

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THE ALLURE OF LUXURY CONDO LIVING 2015 CGGTA annual_CVR_FNL.indd 1

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2015 MODEL SUITE CALENDAR

An exclusive collection of the GTA’s most beautiful new condos

PEMBERTON GROUP

The Urban Townhome Collection, Toronto The Victoria Model Home, 2,628 sq.ft. + 622 sq.ft. Terrace

BEYOND MORTGAGE RATES How accelerated payments can save you thousands

2015 MODEL HOME CALENDAR

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An exclusive collection of SWO’s most beautiful new homes and condos

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三月七日至四月十八日 / Mar 7 - Apr 18, 2015 Volume 4 Issue 2

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HOMEBUYERS’ HELP

Compare mortgage rates for your best deal 4 years

5 years

ATB Financial

CHARTERED BANKS

Variable 2.35

4

2.94 4.00op

2.64 4.00op

2.54 4.00op

2.69

2.74

Alterna Svgs/Alterna Bk

2.45

4

2.98 6.30op

2.98 6.30op

2.98

2.94

2.78

Bank of Montreal

2.85

4

2.89 6.30op

2.84 6.30op

3.39

3.89

2.79

Bank of Nova Scotia

2.85

4.55

3.29 6.45op

3.09 6.50op

3.39

3.89

4.49

4

3.14 6.45op

3.04 6.30op

3.65

4.2

4.74

2.99 2.89 6.70op

2.79 2.29 6.35op

2.25 3.55

2.89 2.69

2.69 4.79

4.45

3

2.94 3.35op

2.84

2.79

2.79

4.4

2.89 6.70op

2.84 6.70op

3.39

2.74

2.84

3.14 6.30op

2.29 3.04 6.30op

3.49 3.65

2.73 4.39

4.44 4.64

Canadian Western Bank CFF Bank CIBC

2.85

Manulife Bank

2.55

National Bank

n/a

6 Months

1 Year

2 years

3 years

President’s Choice Financial Royal Bank

2.5 2.85

TD Canada Trust

2.85

2.89

2.24 6.30op

3.39

3.89

2.74

Tangerine

2.85

3.19

3.24

3.49

3.69

3.79

TRUST COMPANIES Community Trust Concentra Financial

n/a n/a

6.5 5

3.14 2.89 6.70op

3.25 2.59 6.30op

3.95 3.39

4.74 3.89

4.99 4.64

Effort Trust

n/a

4.45

3.35 6.30op

3.5 6.30op

3.7

4.3

4.35

Home Trust Company

2.35

3.95

2.89

2.44

2.54

2.64

2.64

Investors Group Trust

n/a

4.2

3.14 6.50op

3.09 6.30op

3.75

4.39

3.29

2.85

4.55

3.29 6.45op

3.09 6.50op

3.39

3.89

4.49

3.01

3.1 6.25op

3.33

3.65

3.13

6.2

2.89 6.40op

2.89 6.30op

2.95

2.99

2.79

3.1

2.29 2.99 6.34op

2.19 3.04 6.34op

2.34 3.19

2.54 2.99

2.69 2.69

2.99 3.14 6.50op

2.69 3.09 6.30op

2.89 3.75

3.04 4.39

3.09 4.79

2.85

2.25 6.25op

3.35

2.7

3.05

3.6 3.09

3.95 3.09 6.30op

4.35 3.55

4.84 3.29

5.14 2.69

MTCC

OTHER FINANCIAL INSTITUTIONS Airline Financial C.U.

4

Comtech Credit Union

2.45

First National Fin. LP FirstOntario C.U.

2.85

IC Savings London Life

n/a

4.2

Luminus Financial

2.45

MCAP Meridian Credit Union

2.35 2.65

Parama Credit Union

2.65

2.8

2.85 2.95op

2.95

3.05

3.15

2.4

2.6

2.7

2.75

2.85

2.85

Steinbach Credit Union

4

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

R.O.R. = RATES ON REQUEST OP = OPEN ----- = NOT QUOTING N/A = NOT AVAILABLE Prepared by http://www.FiscalAgents.com/mortgage/rates

APR 25 - MAY 9, 2015 NEW CONDO GUIDE 117

index of advertisers 45 Charles Ltd. - Chaz Yorkville Condos AMACON - Block Nine Andiel Homes Inc. - East United Toronto Condos

27

Malibu Investments Inc. - Smart House

69

Menkes Developments Inc. - 365 Church

Insert

Menkes Developments Inc. - 87 Peter

Insert

Menkes Developments Inc. - Fabrik

Insert

Menkes Developments Inc. - Gibson Square

Insert

Menkes Developments Inc. - Harbour Plaza

Insert

Menkes Developments Inc. - Humber Mews

Insert

Menkes Developments Inc. - Pears on the Avenue

Insert

Menkes Developments Inc. - The Eglinton Yonge at Heart

Insert

Insert

Aragon Properties - Enigma on the Park

91

Aspen Ridge Homes - Studio on Richmond

45

Bazis Inc. - E Condos

5

Bazis Inc. - No1 Yorkville

3

Berkshire Axis Development - East United Toronto Condos Brandy Lane Homes - The Station Camrost - Felcorp - Blue Diamond at Imperial Plaza

Insert 26 1

Canalfa Group - Liberty Central by the Lake Two

61

Castle Group Developments - Vida at Bayview Village

67

Citycore - Harmony Village

93

Concert Properties - The KIP District

71

Concord Adex - Omega On The Park

18-19

Metropia - E Condos Mobile App - Promo

33

5 56

Monarch Corporation - Lago

Insert

Monarch Corporation - Picasso on Richmond

Insert

Monarch Corporation - Riva del Lago

Insert Insert

Cresford Development Corp. - 1000 Bay

120

Monarch Corporation - Waterscapes

Cresford Development Corp. - CASA 2

IBC

North Star Homes - Connexion at Islington

88

Cresford Development Corp. - CASA III

120

Pemberton Group - Citylights on Broadway

9

Cresford Development Corp. - Merton Yonge Condominiums

120

Pemberton Group - Model Suite of the Month

Cresford Development Corp. - VOX

120

Pemberton Group - Vivid Condos

Eden Shaw - Chaz Yorkville Condos

27

ELAD Canada - The Colours of Emerald City

57

Empire Communities - Senses Condominiums

6-7

Family of magazines - Promo

116

Fieldgate Homes - Zigg St.Clair West Forest Green Homes - Ville Condominiums

47 105

Fram Building Group - 128 Connect Condos

80

Freed - Art Shoppe Condos

65

Gemterra - Joy Condos

58

Geranium Homes - Pace on Main

102

119 8

Phantom Developments - Tea Garden Condos

85

Pianosi Developments - Perspective Condos

89

Pinnacle International - Pinnacle Uptown, Crystal Plaza - Corporate

103 49

Queenscorp Residences - Watermark

87

Remington Group - IQ Condos Phase 2

81

Rio Can - E Condos Savic Homes - Avalon Urban Towns Scollard Development - Guildwood

5 54 79

Ghods Builders Inc. - 5959 Yonge Street

46

Signature Communities - East United Toronto Condos

Great Gulf - Monde

25

Solotex - Upper Beach Townes

76

Great Gulf - One Bloor Residences

25

Sorbara Group - Beacon

59

Great Gulf - Pace

25

The Daniels Corporation - Daniels Erin Mills

17

Great Gulf - Yonge+Richmond

25

The Daniels Corporation - Daniels Waterfront

15

The Daniels Corporation - High Park Condominiums

29

The Daniels Corporation - One Park Place South Tower

23

The Daniels Corporation - The Bartholomew Downtown East

31

Tribute Communities - The College

51

Tribute Communities - Varley

51

Guizzetti Developments - Grand Palace

107

Harhay Developments - One Eleven Condominiums & Lofts

75

Lamb Development Corp. - East Fiftyfive

55

Lamb Development Corp. - The Harlowe

53

Lanterra Developments - Teahouse

11

Lash Group of Companies - The Barrington Condominiums Flats

83

Liberty Development Corp. - Centro Square Condos 2

35

Liberty Development Corp. - Legacy Park

36

Liberty Development Corp. - Royal Gardens

37

Insert

Tridel Corporation - Avani 2 At Metrogate

IFC

Tridel Corporation - Islington Terrace

BC

Triumph Developments - Howard Park 2

73 43

Liberty Development Corp. - Terrace on Danforth

37

Urban Capital - RC3

Liberty Development Corp. - World on Yonge

37

Urban Capital - Smart House

33

Luxury Living Magazine - Promo

64

Urban Capital - The Ravine

41

Madison Homes - Zigg St.Clair West

47

YP Next Home - Promo

50

Model Photography Compliments of Pemberton Group.

www.pembertongroup.com

The Urban Townhome Collection, Toronto The Victoria Model Home, 2,628 sq.ft. + 622 sq.ft. Terrace

APRIL2015

Pemberton Group has been featured as “MODEL SUITE OF THE MONTH” as seen in the New Condo Guide model suite calendar

Built Built to to make make an an entrance. entrance.

The newest addition to our landmark Metrogate community, Avani 2 offers design-inspired The newest addition to our landmark Metrogate community, Avani 2 offers design-inspired living in every 1 and 2 bedroom suite, many with den options. This contemporary tower living in every 1 and 2 bedroom suite, many with den options. This contemporary tower features spectacular indoor and outdoor amenities, the perfect spaces for residents to features spectacular indoor and outdoor amenities, the perfect spaces for residents to relax, rejuvenate and enjoy their leisure time – all overlooking a dynamic community park. relax, rejuvenate and enjoy their leisure time – all overlooking a dynamic community park.

Indulge your taste for sleek modernity at Avani 2, where virtually anything you could want Indulge your taste for sleek modernity at Avani 2, where virtually anything you could want is just moments away. is just moments away.

eiGht decades of home BuildiNG. over 80,000 homes Built. eiGht commuNities decades of home BuildiNG. over 80,000 tridel are Built GreeN. Built for homes life.® Built. ® tridel commuNities are Built GreeN. Built for *Price and specifications are subject to change without notice. Illustrations are artist’s concept only. Building and view not tolife. scale. Tridel Built for Life , ®

® are registered of Tridel and used 2015. All E.&O.E. Tridel Built Built forare Life. *Price andGreen. specifications subject to change trademarks without notice.

Illustrations are under artist’s license. concept©Tridel only. Building andrights view reserved. not to scale.

TridelApril Built 2015. for Life®, Tridel Built Green. Built for Life.® are registered trademarks of Tridel and used under license. ©Tridel 2015. All rights reserved. E.&O.E. April 2015.

Now opeN Now opeN Kennedy and Hwy 401 in Scarborough Kennedy and Hwy 401 in Scarborough Starting from the low $200’s* Starting from the low $200’s* Visit the Presentation Centre Visit the Presentation Centre 52 Village Green Square, Scarborough 52 Village Green Square, Scarborough 416.293.5535 416.293.5535

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DESIGN. LOCATION. STYLE. PASSION. TRUST. The locations you love. The designs you desire. The details you demand. A Cresford condominium is luxury living defined. For over 40 years Cresford has been at the forefront of the luxury condominium market. The first developer in Canada to pair its condominium designs with international fashion labels, we set the standard for superb quality, trusted security and cutting-edge style.

YORKVILLE

1815 YONGE STREET

UNDER CONSTRUCTION MOVE IN STARTS WINTER 2017 SIGNATURE PENTHOUSES COMING SOON SUITES FROM THE MID $300’S

LIVE HERE NOW! SUITES FROM THE MID $400’S TOWNS FROM THE LOW $600’S PENTHOUSES FROM THE $800’S

416.486.CASA (2272) CASACONDOMINIUM.COM

416.484.1900 MYCCONDO.COM

BAY STREET

YONGE & WELLESLEY

WELL UNDER CONSTRUCTION MOVE IN STARTS WINTER 2015 SUITES FROM THE HIGH $300’S

CONSTRUCTION TO START SPRING 2015 PENTHOUSES COMING SOON FURNISHED WITH DIESEL LIVING

416.485.3000 1THOUSANDBAY.COM

416.485.3000 VOXCONDOMINIUMS.COM

YORKVILLE

WELL UNDER CONSTRUCTION MOVE IN STARTS WINTER 2015 A sculptural 56-storey glass tower steps from Yonge & Bloor with unbeatable Toronto skyline views and embellished with MissoniHome furniture.

SUITES FROM THE MID $300’S SIGNATURE PENTHOUSES STARTING FROM $1 MILLION

416.486. CASA (2272) CASA2CONDOMINIUMS.COM

CONDOMINIUM GALLERY

CONDOMINIUM GALLERY: 170 MERTON STREET

CASAII SIGNATURE PENTHOUSE BATHROOM

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

Built for the sky life. introducing a rare and select release of 1 and 2 bedroom suites, many with dens and media alcoves on the highest floors of islington terrace.

Choose a smartly designed suite, starting from the 32nd floor that offers breathtaking, panoramic views of toronto’s downtown skyline to the east, lake views to the south, or north over verdant golf courses.

NEW RELEASE Collection of suites starting on the 32nd floor Priced from the mid $200’s* Visit the Presentation Centre 2487 Bloor Street West, Etobicoke (At South Kingsway) 416.645.8862

eiGht decades of home BuildiNG. over 80,000 homes Built. tridel commuNities are Built GreeN. Built for life.® *Price and specifications are subject to change without notice. Illustrations are artist’s concept only. Building and view not to scale. Tridel Built for Life®, Tridel Built Green. Built for Life.® are registered trademarks of Tridel and used under license. ©Tridel 2015. All rights reserved. E.&O.E. April 2015.

tridel.com