GTA New Condo Guide, May 9, 2015 by NextHome

May 9 - 23, 2015 Volume 19 Issue 10

COME WITNESS THE WONDERS OF THE WATERFRONT COMING MAY 23RD 2015

INSIDE INSIDE THIS THIS ISSUE ISSUE

TOP BUILDERS RECOGNIZED GIVE ONTARIO CORUM VOLORER OBIS AUT BUILDERS QUI ODIS EX LAB IUMCLOSING ACES QUISQUIS AT 2015 INCTUR BILD AWARDS PLIQUAS VOLO BUDGET THUMBS UP IAEPERO IUR1.5 REM QUI CUSACOSTS QUE NUS 101 ODIT

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.

PRESENTATION GALLERY GRAND OPENING MAY 30TH, 12 NOON SHARP

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.

BE FIRST IN LINE FOR GRAND OPENING INCENTIVES REGISTER AT BLUEDIAMONDCONDOS.CA PRESENTATION GALLERY: 1499 YONGE ST. (N OF ST. CLAIR)

FO L LOW U S :

@CAMROST

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

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

EDITOR’S NOTE

CHOOSING THE RIGHT PLACE TO CALL “HOME”

SUSAN LEGGE Editor-in-chief

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

Most newcomers to Canada tend to settle in larger cities such as Toronto, Vancouver and Montreal. Since housing costs vary greatly across the country, finding the right place to live and work means doing some homework. Not everyone has the same housing needs, so list the important features that you want to have in your community. Perhaps it’s great schools, proximity to transit, or plentiful job opportunities. There are always trade-offs in the real world. Smaller cities usually have lower living costs, but you may require multiple vehicles to get your family from point A to B. Larger cities offer more transit and job opportunities, but you will have to deal with traffic, congestion and a possible increase in housing costs. Choosing a place to live is one of the biggest financial decisions you’ll ever have to make and your decision will ultimately affect your way of life. Look for good value in the home you’re considering, and look for a place that offers a reasonable cost of living based realistically on your finances, as well as a great quality of life. You can’t go wrong when you know the realities.

OH, THE POSSIBILITIES!

LYDIA MCNUTT Editor

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

2 NEW CONDO GUIDE MAY 9 - 23, 2015

Spring is a busy time of year on the condo scene, with new project launches and grand openings galore. If you’re in the market for a home in the sky, now’s the time to hit the streets, explore different neighbourhoods, and discover what sets one condo apart from the next. Visit as many presentation centres and model suites as you can. You’ll find each one is more impressive than the last, and for good reason. In a sea of condos, this is the builder’s chance to make a good first impression – and hopefully, a sale. Keep in mind that there are as many different condo builders as there are types of buyers. Each one has an area of focus, whether that’s luxury living, or small and smart spaces, or eco efficiency. Do your research to discover who does what best. Home builders in the GTA are among the best in the industry, and they build homes that are a source of great pride – as much for themselves as for the buyer. (Go to page 123 to check out the 2015 BILD Awards winners!) If you love aspects of a certain condo project but aren’t entirely sold on the suite layout or finishes, you’re in luck! A benefit of buying brand new is, your home hasn’t been built yet. You can customize the features, finishes, upgrades and options that make the condo uniquely yours, and truly “home.” When visiting the presentation centres and touring model suites this spring, talk to the builders about bringing your own dream home to life. In a brand new condo, anything is possible.

OWN A SUITE IN YORKVILLE FOR JUST

10% DOWN *

FOR A LIMITED TIME, YOU CAN PURCHASE ANY ONE BEDROOM UNIT FOR ONLY 10% DOWN*.

CONDOMINIUM RESIDENCES AT YORKVILLE & YONGE STEPS TO SUBWAY AND PATH SUITES STARTING FROM $408,000

1YORKVILLE.CA

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

@BazisInc

PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. E. & O.E. RENDERING IS ARTIST’S CONCEPT ONLY. *SEE SALES REPRESENTATIVE FOR DETAILS

MAY 9 - 23, 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 EDITOR

Lydia McNutt CONTRIBUTING EDITORS

BILD REPORT

LEGALLY SPEAKING

DESIGNER ADVICE

Bryan Tuckey

Jayson Schwarz

Yanic Simard

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

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

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

Wayne Karl Elisa Krovblit Sara Duck (on leave) 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 NATIONAL CIRCULATION MANAGER

John Jenkins PRODUCTION MANAGER

CONDO PRO

STAT CHAT

Barbara Lawlor

Ben Myers

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

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

INVESTOR ADVICE

Andrew la Fleur

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

Bala Gnanapandithan PRODUCTION CO-ORDINATOR

Sandra Hanak-Vujnovic GRAPHIC DESIGNERS

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

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

MAKE YOUR MOVE

QUICK TIPS

Alyssa Richard

Chuck Resnick

Hellen Buttigieg

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.

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

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

MORTGAGE ADVICE

4 NEW CONDO GUIDE MAY 9 - 23, 2015

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.

THANK

YOU

eCondo is now sold out On behalf of RioCan, Bazis and Metropia, we would like to thank everyone for making eCondo such a huge success. We look forward to seeing this acclaimed project completed and taking its place as a true landmark at the corner of Yonge and Eglinton.

ECONDOS.CA â&#x20AC;˘ 416.243.8688

@BazisInc MAY 9 - 23, 2015 NEW CONDO GUIDE 5

COME WITNESS THE WONDERS OF THE WATERFRONT

Groundbreaking Event Saturday, May 23RD 2015 Celebrate the spectacular rising of Toronto’s most iconic waterfront condominium featuring live entertainment, mouthwatering food trucks and exciting performances! The most sought-after address, Eau Du Soleil boasts forever views and incredible amenities and will mark this momentous occasion with a release of stunning, expansive terrace suites. Don’t miss the most magnificent show under the sun!

Waterfront Living from the mid $300’s* Register at eaudusoleilcondos.com *Prices, sizes and specifications are subject to change without notice. Rendering is artists concept. Exclusive listing brokerage TFN Realty Inc. Brokers Protected. E.&O.E.

BRIGHT LIGHT S, BIG CIT Y

CONDOS AT YONGE & EGLINTON

FROM $199,990

COMING THIS SPRING

CityLightsCondos.ca • 416.546.6605 Exclusive Listing Brokerage Circle M Realty Corporation and Milborne Real Estate Inc. Brokers Protected. Prices and speciﬁcations are subject to change without notice. Illustration is artist’s concept E.&O.E

8 NEW CONDO GUIDE MAY 9 - 23, 2015

IN THE NEWS

The Victoria at the Urban Townhome Collection NAMED BEST NEW HOME DESIGN – FOR A SECOND TIME! Photos courtesy of Arthur Mola Photography

he art of design-forward living has been acknowledged, again, as The Victoria by Pemberton Group was just named the Best New Home Design – Semi or Townhome over 1,500 square feet, at the 35th annual BILD Awards. This is the second accolade for the 3,250-sq.-ft. (includes a 622-sq.-ft. rooftop terrace) Victoria, which pushes the boundaries of conventionality. Designed and fully furnished by UNION31, the stunning model home can be found at The Urban Townhome Collection in Pemberton’s U Condominiums community that is rising on Bay Street. One of the 19 unique townhome designs, The Victoria achieves a rare fusion of compelling residential architecture and a captivating interior layout, in a world-class neighbourhood. Under construction on Bay Street between St. Mary and St. Joseph Streets, a select number of residences, including prime Bay Street locations, are available. Residents will live steps to Bloor-Yorkville and the lush grounds of the University of Toronto’s St. Michael’s campus. Designed by renowned architectsAlliance with interiors by UNION31, each residence has its own garage, a private elevator, and street-level front entry with conciergemonitored security. The private rooftop terrace and pre-cast stone ground floor patio both have hose bibs and gas barbecue outlets. Notable interior features and finishes (all as per plan) include 10-ft. main-floor room heights, prefinished engineered 7 ½-inch wide wood flooring in principal rooms, and smooth-finished ceilings throughout. Irpinia kitchens boast contemporary custom-designed cabinetry, an island with granite countertop and sides, granite kitchen countertop and backsplash, plus a deluxe Sub-Zero, Miele and Wolf appliance package. Townhome residents will enjoy access to 4,500 sq. ft. of community rooftop amenity space with a party room (complete with caterers’ kitchen and private wine locker), library, billiards room, fitness 10 NEW CONDO GUIDE MAY 9 - 23, 2015

The 3,250-sq.-ft. Victoria pushes the boundaries of conventionality

Opulent masters are a signature of these stunning designs

centre, and a wraparound terrace offering 360-degree city views. The two-bedroom-plus-den, three-bedroom and three-bedroom-plus-den townhome designs range from 2,628 sq. ft. (plus 622-sq.-ft. rooftop terrace) to 3,288 sq. ft. (plus 255-sq.-ft. rooftop terrace), priced from $2,199,000 to over $3,250,000. To book your private appointment to tour the awardwining design, please call 416.546.6605. For a virtual online tour, visit PembertonGroup.com.

PHASE 2 COMING SOON GOLD WINNER INTERNATIONAL COMMUNITY OF THE YEAR BY THE NORTH AMERICAN HOME BUILDERS ASSOCIATION

80% SOLD IN PHASE 1

WHERE EAST MEETS WEST

ASIAN INSPIRED CITY LIVING AT 501 YONGE FROM $199,900. 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.

MAY 9 - 23, 2015 NEW CONDO GUIDE 11

CONTENTS

MAY 9 – 23, 2015

VOLUME 19

ISSUE 10

COVER STORY

Du Soleil 20 Eau Witness the wonders of waterfront living at

Empire Communities’ luxury condominiums

COLUMNS / NEWS / FEATURES 2

Editor’s Note

Contributors

10 In The News The Victoria at the Urban Townhome Collection named Best New Home Design 16 BILD Report The reality of the Toronto housing market by Bryan Tuckey

28 Home Sweet Home Canada’s riskiest housing markets and overvaluation concerns by Lydia McNutt

12 NEW CONDO GUIDE MAY 9 - 23, 2015

32 Investor Advice What makes your investment condo most “rentable”? by Andrew la Fleur

34 Condo Pro Add “reputable builder” to your must-have list by Barbara Lawlor

38 Legally Speaking Closing costs 101 by Jayson Schwarz

40 Stat Chat The condo glut is here. Run for your lives! by Ben Myers

42 In The News Builders give Ontario budget 1.5 thumbs up by Wayne Karl

46 In The News Artscape Salon: Dinner with the art-world stars 54 Mortgage Advice Is the lowest rate always best? by Alyssa Richard

62 In The News The towns at Emerald City now a sell-out success 64 In The News Amenities to ‘Love’!

66 Sweetest Suites Tanner Hill outfits Gemterra’s model suite with a little “love”

80 Designer Advice The art of art

68 In The News Tighter condo market to ease concerns of overbuilding

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

70 Homebuyers’ Help Buying your first home: It’s not just about location anymore

98 Quick Tips Solving the “stuff” problem

74 City Living Doors Open Toronto weekend offerings announced

100 Make Your Move Finding the right mover for the job

by Yanic Simard

by Hellen Buttigieg

112 Condo Watch 905 Previews, new releases and grand openings in the 905 123 In The News Building industry celebrates quality and excellence at 35th annual BILD Awards 129 Condo Buyers’ Resource Section 134 Advertiser Index

by Chuck Resnick

76 The Mortgage Minute What’s all the fuss about a market correction?

104 Homebuyers’ Help What all new home buyers need to know

by Peter Kinch

CONDO PROFILES

SIGNATURE COMMUNITIES, BERKSHIRE AXIS DEVELOPMENT & ANDIEL HOMES East United Where amenities take centre stage

PEMBERTON GROUP Ten93 Queen West, SkyCity2, Downtown Erin Mills & Vivid Condominiums Four hot condominium choices from a builder you trust

113

LASH GROUP OF COMPANIES & THE GOLDMAN GROUP The Barrington New floor plans, enhanced value

BRANTHAVEN HOMES Oakvillage “O” wow! Branthaven’s Oakvillage opens to great success!

116

GERANIUM HOMES Pace on Main Live, shop, play on Main Street Stouffville

MAY 9 - 23, 2015 NEW CONDO GUIDE 13

LIVE IN A MODERN DAY MASTERPIECE THE BELVEDERE 2002 sq.ft. | 2 bedroom + den Starting from $1,591,900 (includes parking) Magnificent views of the river and waterfall

BONUS PACKAGE 1 Additional FREE Parking Space 2 FREE Storage Lockers $2,000 Gift Card at the Old Mill Inn & Spa

BALCONY

BUY WITH JUST 5% DEPOSIT*

14’-3”

DEN/ FAMILY ROOM

An aristocratic residence on the banks of the Humber River where history and nature co-exist in harmony. Magnificent suites with grand interiors, gourmet kitchens and luxurious ensuites. Gorgeous amenities include the sophisticated lobby, indoor pool, terrace, party room with caterer’s kitchen, fireplace lounge, exercise, steam and change rooms.

LIVING

8’-0”

10’-11”

CONDOMINIUM COMPLETED AND REGISTERED - MOVE IN NOW 23’-2” POWDER

DINING

CLOSET 15’-10”

FOYER

FRIDGE

PANTRY

INDOWS AT D FLOOR ONLY

CLOSET FOYER

OVEN

W.I.C.

LINEN

11’-2”

LAUNDRY

13’-0”

ENSUITE

CLOSET

13’-2”

CLOSET

KITCHEN

13’-3”

CLOSET

10’-4” MASTER BEDROOM

ENSUITE 14’-2”

9’-11”

SITE 2nd - 7th Floor

RD. ILL DM OL OLD MILL INN

JANE STREET

OLD MILL DRIVE

BEDROOM

JANE STREET

SITE

RD. ILL DM OL OLD MILL INN

OLD MILL DRIVE

BLOOR STREET WEST

14 NEW CONDO GUIDE MAY 9 - 23, 2015

30 OLD MILL ROAD, TORONTO MONDAY - WEDNESDAY: 12PM - 6PM SATURDAY & SUNDAY: 12PM – 5PM, THURSDAY, FRIDAY & HOLIDAYS: CLOSED

416.766.7343 www.riverhousecondos.ca

*Deposit structure: $5000 with the offer, balance to 5% in 30 days, balance on closing. *Please speak to Sales Representative for full details. 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. Promotions may be changed and/or cancelled at any time without notice. Gift Card for The Old Mill Inn & Spa may be limited to specific services. Illustrations are artist’s concept. E.&O.E.

COMING THIS SPRING

Ask about our *

SUITES

FROM THE LOW

TOWNS

FROM THE MID

$200,000s $500,000s

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

BOOST your down payment from 5% to 15%…interest and payment free!

DANIELSBARTHOLOMEW.COM

416.955.0559

BILD REPORT

The reality of the Toronto housing market By Bryan Tuckey

recently participated in the Canada Mortgage and Housing Corp. (CMHC) annual industry roundtable where I was asked to share some insight on whether BILD members have ventured into purpose-built rental housing across the GTA. You may have seen some headlines recently for a few high-profile rental projects. Most of those are still at the proposal stage and will make their way through the planning process over the next year. So, only time will tell if they will go on to be constructed. What I can say is that there is a strong demand for housing – both market and rental – in the GTA as up to 100,000 people choose to make this great region their home very year. In 2014, construction started on 15,581 apartments in multi-family buildings or purpose-built rental across Canada, according to a recent CBRE report. That’s 52 per cent higher than the average over the five years preceding nationally, but it’s important to look at the GTA separately. Most of the rental homes under construction in Canada are in Montreal and Vancouver, with only 1,799 starting construction in Toronto last year. Purpose-built rental only represents a small percentage of new housing options under construction across Canada and the GTA. I hear anecdotal evidence that the condominium market is aiding rental demand and that both renters and homeowners want similar things: wellsituated buildings near amenities and transit. This helps to explain why Toronto’s rental vacancy rate is 1.6 per cent, according to CMHC. At the recent roundtable, I shared that some of our members are venturing into the purpose-built rental market, proposing projects, but only when they see opportunity to provide homes along transit and transportation corridors and in desirable neighbourhoods. Additionally, demand from first-time homebuyers,

16 NEW CONDO GUIDE MAY 9 - 23, 2015

who are renting until they are able to save a down payment and buy a home, is common in the GTA. Another important point is the rising government fees and charges, which are applied to both the new home and rental building markets. In the GTA, the fees and charges can amount to one-fifth the cost of a new home. These fees and charges can be prohibitive for a business, such as a purpose-built rental looking to earn return on investment, especially when the cost of land is already a large line item. BILD has long-advocated for fair and reasonable policies and the removal of barriers to home ownership. In the rental market, incentives such as lower development charges and faster approvals would go a long way in encouraging the investment and adding more choice to the housing market.

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

RIVA IS RISING! Hurry in for up to $25,000 Move-In Bonus* Riva del Lago is now under construction! To celebrate, visit the Presentation Centre today where you can receive up to $25,000 Move-in Bonus* along with FREE parking and Locker.

Waterfront Boutique Condos from the $300,000’s*

discover more

MonarchGroup.net

GARDINER EXPRESSWAY Park Lawn Rd.

Riva del Lago Sales Centre: 2167 Lake Shore Blvd. W. Etobicoke Mon - Thurs: 12pm – 6pm, Weekends & Hol: 12pm – 5pm, Closed on Fri. 416.495.3544

Lake Shore Blvd. W

Sales Centre Marine Parade Dr. Lake Ontario

first. *Limited time offer, some conditions apply. Please ask a sales representative for details. 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. 16155.

Where you want. When you want.

Riva Del Lago | Ready 2016 Etobicoke Waterfront Now Under Construction Up to $25,000 Move-in Bonus* Size range from 551 sq.ft. to 1,442 sq.ft. from the $300,000’s* 2167 Lake Shore Blvd. W. 416-495-3544

THAT’S THE STRENGTH OF MONARCH. From lakefront to the Entertainment District, Monarch has the condo you’re looking for and a closing date that’s right for you. Whether it is a suite available now, under construction or ready in 2016, choose Monarch. First.

Actual View from Waterscapes

Waterscapes | Ready Now Etobicoke Waterfront Move In Now - Only 5 Suites Left! Up to $30,000 Move-in Bonus* 1 bed+den from the $400,000’s* 2 bed+den from the $800,000’s* 2167 Lake Shore Blvd. W. 416-495-3544

Lago | Ready 2016 Etobicoke Waterfront Under Construction Up to $35,000 Move-in Bonus* Size range from 424 sq.ft. to 1,408 sq.ft. from the $200,000’s* 2167 Lake Shore Blvd. W. 416-495-3544

Picasso | Ready 2016 Downtown Toronto Under Construction 2 years free maintenance fees* and 1% off* Size range from 844 sq.ft. to 1,231 sq.ft. from the $500,000’s* Appointment Only 416-495-3549

HOURS: Monday - Thursday: 12pm - 6pm, Weekends & Holidays: 12pm - 5pm, Closed Fridays

discover more

MonarchGroup.net

discover more

MonarchGroup.net *Limited time offer, some conditions apply. Please ask a sales representative for details. 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. 16155.

UP TO

$25,000 + CASH BACK*

FREE PARKING* FREE LOCKER*

BUY WITH

IN R! E V EA O Y M IS TH

WE’VE HIT OUR INCENTIVES OUT OF THE PARK!

DANIELS’ GRADUAL DEPOSIT PAYMENT PLAN*

DOWN!

High Park living awaits! What could be better than enjoying outstanding amenities, nearby shops, exceptional Bloor West restaurants, and a 399-acre premier park? Awesome incentives designed to help you call HighPark Condominiums home. HighPark is well under construction, which means you’ll be able to move in this year! Suites from $299,900. PRESENTATION CENTRE: 2150 Bloor St West Mon, Tues and Thurs: 12-6pm / Wed: 12-8pm Sat, Sun and Holidays: 12-5pm / Fri: closed

*The 5% deposit program, free parking and locker, as well as cash incentives ($20,000 cash back on studio and one bedroom suites; $25,000 on one bedroom + den or larger suites) are available on selected suites for a limited time only. Other conditions apply. See Sales Representative for full details. Exclusive listing: City Life Realty Ltd., Brokerage. Brokers Protected. Prices and specifications are subject to change without notice. Illustrations are artist’s concepts. E. & O.E.

Take advantage while you still can!

416.351.1844 danielshighpark.com

PIONEERING

SUCCESS NOW

VISIONARY

CESSFUL ON GROUND BREAKINGVISION

SALE

PIONEERING SUCCESSFULICON ICONIC

ICONIC

PIONEERING

SUCCES

VISIONARY

GROUNDBREAK

UNDER ESSFUL ICONIC CONSTRUCTION

GROUNDBREAKING

SUCCESSFUL GROUNDBREAKING

ICONIC PIONEERING

SUITES FROM THE MID

200,000S

2-STOREY URBAN WALK-UPS FROM

539,300

A new landmark has arrived at the intersection of Eglinton Avenue & Erin Mills Parkway. Already a big success, DANIELS ERIN MILLS is the culmination of a pioneering vision that will redefine the concept of modern urban living. With Daniels Erin Mills, Mississauga has an iconic address for people to Love where they Live, Work, Play, Dine & More.

BE PART OF THE SUCCESS & VISIT THE PRESENTATION CENTRE TODAY! Backyard Farm & Market W

E ’N LS ATIO NIE NT DA ESE E PR NTR CE

IN MI

S LL

LS MIL RE T IN ER CEN WN TO

RK PA

IT ED CR LEY L L A VA SPIT HO

Y WA

E NU S VE EL NA N I RI N TO DA E LLS N I L MI EG

Call or visit today danielserinmills.com | 905.306.6996 PRESENTATION CENTRE 2475 Eglinton Ave W MON, TUES & THURS 12-6PM • WEDNESDAY 12 NOON-8PM FRIDAYS CLOSED • SATURDAY, SUNDAY & HOLIDAYS 12PM-5PM

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.

MAY 9 - 23, 2015 NEW CONDO GUIDE 19

COVER STORY

Courtyard

Eau Du Soleil WITNESS THE WONDERS OF WATERFRONT LIVING AT EMPIRE COMMUNITIES’ LUXURY CONDOMINIUMS EAU DU SOLEIL WILL RISE AS ONE OF TORONTO’S MOST ICONIC waterfront condominiums on Sat., May 23 at 2183 Lake Shore Blvd. W. with a thrilling ground-breaking event featuring the ceremonial dig followed by live entertainment, spectacular performances and mouth-watering food trucks that will astound all in attendance. This milestone event is open to the community. The new, expansive Terrace Suites that blend outdoor and indoor living seamlessly will also be released to mark this momentous event. At Eau Du Soleil it’s hard to tell where the dazzling waterfront vistas begin and the luxury suites end. “With the ground-breaking at Eau Du Soleil, we’re moving forward in defining a new way of waterfront living in Toronto,” says Paul A. Golini Jr., co-founder and executive vice-president, Industry Relations, Empire Communities. “With the incredible views, the Terrace Suites offer and resort-inspired amenities you’re connected to the outdoors without having to leave.” Located on Humber Bay along the shores of Lake Ontario, the two Eau Du Soleil towers will resemble the sails of a luxury yacht rising 700 ft. into the sky. The towers will converge on a multi-storey podium and feature breathtaking views of the downtown skyline, the blue expanse of water and the lush greenspace of parks. 20 NEW CONDO GUIDE MAY 9 - 23, 2015

Designed by world renowned Zeidler Partnership and E.I. Richmond Architects, Eau Du Soleil’s Waterview Suites feature the Terrace Collection. The onebedroom-plus-den suite offers a stunning linear terrace that runs the length of the living room and bedroom that’s perfect for admiring the gorgeous skyline. “The Terrace Collection will make it seem like you have your own backyard in the sky,” says Golini. “The terraces range in size from 480 to 1,243 sq. ft. so you’re getting an ample amount of outdoor space in a downtown condo.”

In addition to the spacious terraces, balconies and patios blurring the line between outdoor and indoor living are the resort-inspired amenities. The seventh-floor Infinity Terrace features a bar, lounge seating, cabanas, barbecue and fire pit overlooking the lake. In the exclusive lounges and party room with wet bar and kitchen, residents can take in stunning views while hosting guests. To soak in the incredible view on summer days, thereâ&#x20AC;&#x2122;s the beautifully landscaped outdoor garden. For health and wellness enthusiasts, spa-inspired amenities boast an indoor salt water pool and whirlpool with floor to ceiling outdoor views, professionally equipped exercise room, Cross Fit training zone, yoga and Pilates studio, a spin room, mixed martial arts room and an outdoor multipurpose sky court. Residents who love experiencing the outdoors are close to all that Humber Bay offers. Residents can step outside their front door for swimming

Infinity Terrace

and sailing at an array of beaches and marinas. For those wanting to stay dry, thereâ&#x20AC;&#x2122;s the nearby boardwalk and Martin Goodman Trail for walking, jogging and rollerblading. For foodies and shoppers there are fabulous restaurants and shops in nearby Bloor West Village and Roncesvalles Village. Eau Du Soleil is close to transit with the Gardiner Expressway, Mimico GO station and the TTC just outside the front door. Nearby Hwy. 427 and QEW provide speedy routes to the north and west. At Eau Du Soleil, all luxurious suites feature 9- or 10-ft. ceilings, walk-in closets and gourmet kitchens with custom-designed contemporary cabinets. Stylish interiors and finishes include plank laminate engineered flooring, stainless steel appliances and granite countertops.

Experience the Eau Du Soleil presentation gallery located at 2183 Lake Shore Blvd. W. Hours: Monday to Friday from noon to 6 p.m.; Saturday and Sunday from noon to 5 p.m. Call 416.503.3328 or visit EauDuSoleilCondos.com.

Salt water pool and hot tub

MAY 9 - 23, 2015 NEW CONDO GUIDE 21

GET YOUR SIZZLE ON.

MOVE IN THIS SUMMER WITH UP TO $25,000 CASH BACK. At The Station we’ve got it all. Three private Urbanas, the city’s first indoor/outdoor party rooms, complete with heated barbeque terrace. There’s an infinity edge pool, a complete gym and steam rooms, games room, and so much more to make this summer really sizzle. The Station requires only a 5% deposit that makes for easy ownership, plus you get up to $25,000 cash back when you purchase now.* Don’t get left in the freezing cold. Think summer. Think The Station. THE DEALS ARE SUMMERTIME HOT. VISIT OUR SALES CENTRE TODAY. SUITES FROM $299,900 / PENTHOUSE COLLECTION FROM $664,900.

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

22 NEW CONDO GUIDE MAY 9 - 23, 2015

DANIELS IS CHANGING THE

WATERFRONT

THE EVOLUTION OF ART, CULTURE, INNOVATION & LIFE. INTRODUCING...

FOREVER An icon of the past gives way to a landmark of the future on Toronto’s Waterfront. This fall, The Daniels Corporation will unveil Lighthouse Tower at Daniels Waterfront – City of the Arts, a master-planned, mixeduse community surrounded by creativity, inspired by arts and culture, and driven by innovation. 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.

ARRIVING THIS FALL SUITES FROM $279,900 DIVE INTO AN ARTS-INSPIRED LIFE ON THE WATERFRONT! REGISTER NOW!

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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.

MAY 9 - 23, 2015 NEW CONDO GUIDE 23

24 NEW CONDO GUIDE MAY 9 - 23, 2015

There's good, and there's Great Gulf.

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Exclusive listing, Baker Real Estate Incorporated, Brokerage. Brokers protected. All illustrations are artists’ concept. Prices, sizes and specifications subject to change without notice. E.&O.E.

MAY 9 - 23, 2015 NEW CONDO GUIDE 25

26 NEW CONDO GUIDE MAY 9 - 23, 2015

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MAY 9 - 23, 2015 NEW CONDO GUIDE 27

HOME SWEET HOME

Canada’s riskiest housing markets and overvaluation concerns By Lydia McNutt

anada Mortgage and Housing Corp. (CMHC) recently released a report identifying Canada’s riskiest housing markets, and in spite of Toronto’s and Vancouver’s sky-high prices, Winnipeg and Regina topped the charts. According to CMHC, the housing market is considered “overvalued” when real estate price gains surpass increases in personal disposable income. Overvaluation is one of the factors considered in CMHC’s risk measure, along with overheating; acceleration in the growth of house prices; and overbuilding. From a national perspective, CMHC says modest overvaluation is observed due to real estate price gains slightly outpacing personal disposable income, population growth and other factors. But “overheating, acceleration in house prices and overbuilding are not a concern at this time.” However this isn’t the case from coast to coast. Among the low risk markets are Calgary, Edmonton and somewhat surprisingly, Vancouver. Winnipeg and Regina sat at the opposite end of the spectrum, posing the greatest concerns with strong price growth and modest gains in disposable income creating a high risk of overvaluation. Meanwhile, Toronto sits at a comfortable in-between with its “moderate” risk ranking, due to steady price growth surpassing increases in personal disposable income. Condo units under construction are near historical highs, so inventory management is necessary to ensure units do not remain unsold upon completion, CMHC says. While some of Canada’s housing markets have showed signs of slowing, thanks to the dip in oil prices and the economic aftermath, real estate prices in Toronto and Vancouver continue to rise – out of reach, many fear. Survey says... According to a survey by the Appraisal Institute of Canada, Seven per cent of Canadians plan to purchase a home or property in the next year. Of those, 69 per cent are worried about inflated prices. Thirty per cent of those not planning to buy a property in the next year were influenced by fear of overpaying. 28 NEW CONDO GUIDE MAY 9 - 23, 2015

The price of home ownership The price of an average detached, twostorey home in Toronto increase 9.3 per cent year over year to $803,794, while in Vancouver, it was up a whopping 10.3 per cent at $1.26 million, according to the latest Royal LePage House Price Survey. It’s no wonder Canadian homebuyers are wondering if they’re paying too much. When it comes to the logic behind the price tag, a real estate agent told me, “The buyers set the prices.” This, after walking into an open house and asking, “Do they really think they’re going to get this much?” In a hot market fuelled by the spring real estate rush and low lending rates, it’s more important now than ever to look before you leap.

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

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At the Menkes Condo Centre on Bay Street, you can explore the cityâ&#x20AC;&#x2122;s best condos from one convenient location. Discover five of our latest downtown developments, each ideally located to offer the best in shopping, dining and entertainment. It might be hard to choose your favourite. Learn more at 770 Bay Street. Book an appointment by calling 416.591.7700 or visiting us online at menkes.com

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Construction Starting Peter & King, Toronto Starting from $343,990 416.591.7700

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

INVESTOR ADVICE

What makes your investment condo most “rentable”? By Andrew La Fleur

3 | Extensive amenities. While some renters prefer a smaller, quieter building with little or no amenities, generally speaking, most renters would choose a building with plenty of amenities over one without. The most important amenity by far is a good gym. 4 | Flexible floor plan. Floor plans that allow for different uses of the space, for example a den that could be a second bedroom, will once again open up your unit to more potential renters.

5 | Window coverings. This seems like a small thing, but something that is very important to tenants. Invest in a good set of window coverings and your unit will be more attractive to tenants and will rent out faster.

our investment condo is only useful to you if you can find tenants to rent it out and put cash back in your pocket. Shopping for a condo from the perspective of a landlord is different than shopping as a homebuyer. Yes, you have to like it. But more importantly, renters have to want it. With an eye toward what will draw the most quality tenants, here are my top five most “rentable” qualities to look for: 1 | Convenient location. Renters today more than anything are concerned about having a location that is convenient to work, shopping and pubic transit. Buy near these three, and you will have a winner. 2 | Affordable price. Following location, the thing that renters look at most closely is the cost of the rent. The lower the price, the more potential tenants you will attract. Keep in mind that most renters aren’t looking for spare rooms and fancy finishes. Therefore, buy small and buy cheap.

Your investment condo is only useful to you if you can find tenants to rent it out and put cash back in your pocket 32 NEW CONDO GUIDE MAY 9 - 23, 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

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

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

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

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

On signing In 180 days In 270 days On occupancy

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

CONDO PRO

Add “reputable builder” to your must-have list By Barbara Lawlor

uying a new condo is a smart move in today’s real estate market, provided you do the “homework” that will ensure you get the most for your investment. Most purchasers research location, architecture, amenities and suite features. Looking into the reputations and track records of the builders you are considering is just as important. There are many ways to evaluate a builder’s trustworthiness. Industry longevity, for example, can offer you a high level of trust. If the company has been around for decades, obviously the principals have figured out ways to thrive during a variety of economic cycles. On the other hand, we have fine condominiums offered by newer building firms operated by professionals with many years of experience. Find out where the builders you are considering fall on this spectrum, and definitely look into their service records. One step you can take is to visit Tarion Warranty Corp.’s website at Tarion.com. Coverage by this warranty company is one of the top reasons for buying new over resale. Search a builder’s company name and find a snapshot of its warranty history. When you buy new, you want a builder you can rely on for excellent service before, during and after your move-in date. Read all you can about builders, including profiles and histories on their websites, in their sales offices and brochures. Drive by their completed communities and ask people you know whether they are familiar with the companies. Word-of-mouth means a lot in the new condominium market.

maximizing suites, and lovely features and finishes. Take your time, shop around, consider all the variables and compare fairly. Plus, add a trusted builder reputation on your list of must-haves. A happy new condominium buyer is an educated one, and a little research into builder reputations goes a long way to helping you make the perfect choice for you.

Buying a new condo is a smart move in today’s real estate market, provided you do the “homework” that will ensure you get the most for your investment I have to say that in the GTA, we are privileged to have wonderful choices from renowned local, national and international builders, and they are competing for your business by offering outstanding amenities, architecture, suite finishes and more. This bodes well for buyers, who find this kind of healthy competition benefits their purchase position through increased value. It also raises the bar for future development. Another clue to a builder’s reliability is how the sales representatives treat you. They are ambassadors for the builders, and should be willing and eager to answer all your questions. So, be informed. Avoid the temptation to buy right away. Condominium choices are exciting, with gorgeous architecture, amazing amenities, space-

34 NEW CONDO GUIDE MAY 9 - 23, 2015

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36 NEW CONDO GUIDE MAY 9 - 23, 2015

Condo expert Andrew Brethour President PMA Realty Group

IMMEDIATE OCCUPANCY

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

MAY 9 - 23, 2015 NEW CONDO GUIDE 37

LEGALLY SPEAKING

Closing costs 101 By Jayson Schwarz

t the closing of a new residential real estate transaction there are usually three groups who get paid: the builder, various governments, and the lawyer. Each group involves the payment on fairly specific items, and the builder and your lawyer will collect from you for the government remittance. Generally speaking, your lawyer collects all of the necessary money from your mortgage company and from you. You will need certified cheques, bank drafts or cash, because of your lawyer’s trust account requirements. Here’s how the builder gets paid, and where all the money your lawyer wants, needs to go. The builder will get paid the purchase price of the property less the deposit, plus certain other things. You may even get a credit for certain items, called adjustments. The adjustments will be reflected on a document called the Statement of Adjustments which contains a multitude of details, all related to your original agreement. The Statement of Adjustments will include the HST payable (the rebate will be broken out), the original purchase price on the property, real estate taxes, hydro expense, common expenses and maintenance fees (as applicable), connection costs, levies and charges, to name but a few. This document is incredibly important. Review it carefully and get everything explained to you, so you understand all the charges that you are required to pay. It is at this point that you find out the final number you are paying to the builder for your new home. The Ontario government and the City of Toronto will get paid for Land Transfer Tax, unless you are entitled to the rebate or exemption, and sales tax on goods (if applicable). There are many other items, but they usually show up on your lawyer’s disbursement account or trust reconciliation, as do the many municipal compliance request charges. 38 NEW CONDO GUIDE MAY 9 - 23, 2015

Okay, now what about that lawyer? First of all, you are going to pay the legal fee, whatever the amount the two of you agreed to. You did of course have a pre-agreed fee, didn’t you? Then there is a list of disbursements. Disbursements are those monies expended by your lawyer on your behalf necessary to properly search and close the transaction. Be careful – it is here that someone may try to take advantage of you by charging large fax, mail and photocopy fees. Have your lawyer justify all expenditures that don’t make sense. Disbursements include registration charges, title insurance, couriers, searches of all kinds, and many other items necessary to close your transaction. Remember, a large part of your closing costs are based on what you negotiate at the beginning of your purchase, and are outlined in your Agreement of Purchase and Sale. Please remember, only a lawyer can provide legal service – that is the law!

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.

STAT CHAT

The condo glut is here. Run for your lives! By Ben Myers

or almost four years you’ve been told the same story, and been shown the same ‘scary’ chart about Toronto condo suites under construction. In 2011 there were over 28,000 new condominium sales in the Toronto Census Metropolitan Area (CMA), and as many of those successful projects went under construction in 2012, the number of suites being built in the metro area ballooned to approximately 50,000 units. By comparison, the average number of units under construction was about 27,000 from 2002 to 2011. Words like “glut,” “oversupply” and “overbuilt” were used in every article about the Toronto condo market, and not prefaced by “possibility of” or “chance of.” These words were stated as fact. The same narrative was written hundreds of times, when all these units come to market: “Resale pricing in the Toronto market will plunge, investors will head to the exits, and you’ll be stuck with a depreciating asset.” The bar graph showing the number of condominium apartment units under construction was included in many of these articles, the large and growing bar for units under construction representing a beacon for the bubbling and overheated Toronto market. Fast forward to the first quarter of 2015 – 17,166 Toronto condominium apartment units were completed, according to Canada Mortgage and Housing Corp., more than every year with the exception of 2011. In comparison to Q1-2014, completions in the 905 area were up 990 per cent and 416 area completions were up 609 per cent in Q1-2015! Uh oh, the condo glut is here. Run for your lives! I guess some people didn’t get the memo about how bad this market was going to get. According to the Toronto Real Estate Board, March resale condo transactions increased 11 per cent in the 905 area, and 416 area activity jumped 14 per cent year-overyear. The average price of a condominium apartment in March was approximately $310,000 in the 905, an increase of seven per cent annually. The 416’s average condo price was $398,000, an increase of three per cent over March 2014. Pretty terrible, eh? Well, not really. Actually, it seems pretty fairly balanced. I can’t tell you what’s going to happen in the Toronto condo market in 2016 or 2018, but I try to give some context to the good and bad condo figures that get published by various sources every month. It is difficult to explain the happenings in the market without creating a story to go along with it, a simplification to 40 NEW CONDO GUIDE MAY 9 - 23, 2015

make numbers easy to digest and understand. But be careful of folks who present these narratives as fact. The only thing I can tell you that is a fact: There will be volatility in the condo market data moving forward. Some months will be great, and others not so great. My advice is to buy somewhere you could see yourself living for five years or more, buy what you can afford, and ignore most of the monthly headlines. You’ll sleep better at night (hopefully in your new condo).

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

E N O D! E L AS SO H P 0% 9

Find your escape in the city

One and two bedroom suites from the $300s Spacious ravine suites from the $400s Two-storey suites with yards backing onto ravine or with rooftop terraces from the $500s

TheSouthwood.com

Rendering is artist’s concept. Prices and speciﬁcations are subject to change without notice. Exclusive Listing. Brokers Protected. E.&O.E.

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The Southwood Phase Two – The Ravine Collection, boasts unique architecture, elegant contemporary ﬁnishes, convenient amenities and a great opportunity to own a treetop terrace overlooking a beautiful ravine.

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MAY 9 - 23, 2015 NEW CONDO GUIDE 41

IN THE NEWS

Builders give Ontario budget 1.5 thumbs up

By Wayne Karl

ome builders in Ontario have given the 2015 Ontario budget the thumbs up – citing infrastructure investment that is ultimately good news for homebuyers. In the Ontario budget released on April 23, the province committed to the largest public infrastructure investment in Ontario’s history – more than $130 billion over 10 years. Highlights include: » $31.5 billion over 10 years for Moving Ontario Forward — about $16 billion in transit projects in the Greater Toronto and Hamilton Area (GTHA) and about $15 billion in transportation and other priority infrastructure projects outside the GTHA. » $11.9 billion in 2015-16 on infrastructure, such as roads, public transit, water systems, hospitals and schools. Along with reducing gridlock, new transit projects should support the province’s investment-ready communities initiative and the creation of new housing and employment centres, says the Ontario Home Builders’ Association (OHBA). “People need better transit options,” says OHBA president Vince Molinaro. “The province’s massive transit investment should support the creation of transitsupported communities across Ontario. Building complete communities along those transit lines makes sense and will provide new housing and employment options, and choice where people can live, work and play.”

42 NEW CONDO GUIDE MAY 9 - 23, 2015

The next step is for municipalities to support this provincial investment by creating land-use plans that generate the ridership necessary to support long-term operations for transit infrastructure, OHBA says. In the past, the association has recommended provincial funding be directly linked to a municipal requirement to immediately update the land-use planning and zoning in those transit corridors. The province must ensure that there are strong municipal requirements to align all transit investment with land-use planning by requiring appropriate density zoning along those corridors. “The provincial investment in transit is a golden opportunity for municipalities to create investment-ready communities,” says Molinaro. “In the past, municipalities have failed to do that work, leaving developers and builders to fight for appropriate intensification in those transit corridors. It doesn’t have to be this way; municipalities must modernize zoning and create transitsupported communities to fully maximize the provincial transit investment announced in today’s budget.” It’s a good budget, but not quite deserving of two full thumbs up. OHBA CEO Joe Vaccaro points out that certain tax credits need to be adjusted to reflect rising home values – in particular, the 2009 HST New Housing Rebate. “The current provincial threshold is $400,000, but with the cost escalation in new neighbour taxes and housing prices, the threshold should be adjusted every five years to support housing affordability for new-home buyers.”

NOW PREVIEWING ӗӛӗӛ ώЫЪУС ψаЮССа θЫЪРЫЯ аФЮЫбУФШе ОЮХЪУЯ ЮСЯЫЮа ЯаеШС ШХвХЪУ аЫ еЫбЮ РЫЫЮЯаСЬΔ κЪЦЫе ӖӒΑӒӒӒ ψЭΔ қΔ ЫТ ХЪРЫЫЮ НЪР ЫбаРЫЫЮ ЯаНаСάЫТάаФС НЮа НЩСЪХаХСЯΔ

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44 NEW CONDO GUIDE MAY 9 - 23, 2015

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.

PREVIEW PRICING BONUS UP TO

$35,000* IN INCENTIVES

INCLUDES FREE PARKING

GR A ND OPE NI NG

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C A R N I VA L SAT & SUN MAY 23RD & 24TH

416.850.2489

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HWY 401

DVP

VALLEY WOODS

DON MILLS

LESLIE

Presentation Centre Now Open 1213 York Mills Road Monday-Thursday: noon to 7pm. Friday: By appointment. Saturday & Sunday: noon to 6pm

BAYVIEW

YORK MILLS PRESENTATION CENTRE SITE

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

IN THE NEWS

Artscape Salon DINNER WITH THE ART-WORLD STARS

rtscape, the internationally recognized non-profit organization responsible for award-winning arts and cultural spaces across the city, held its fourth annual Salon event on Wed., Apr. 29 at the Artscape Wychwood Barns. Artscape Salon hosted more than 260 guests for a cocktail and dinner party featuring over 20 of the city’s most exciting artists, cultural leaders and thinkers, a menu from some of Toronto’s hottest restaurants including 416 Snack Bar, The County General, Encore Catering, The Chase Fish & Oyster and Nadège Patisserie, and a performance by Toronto-based minimal pop duo Prince Innocence. Artscape’s special invited stars joined attendees at their tables to engage them in lively table talks, rotating tables at the sound of the gong marking each dinner course. Speakers shared their vision of Toronto as a creative city, sparking ideas and bringing the whole room to life with inspired conversation. This year’s Salon speakers included urban geographer Daniel Rotsztain; filmmakers Erinisse Rebisz and Patryk Rebisz; artist Nicole Charles; actor Fabrizio Filippo; film critic, radio host and author Richard Crouse; Shauna Levy, president of Canada’s Design Museum, Design Exchange, and co-founder of the Interior Design Show; Heather Ogden, principal dancer in the National Ballet of Canada, and others. Artscape 2015 was presented by Tridel in partnership with Hines, with core media sponsor JazzFM91 and media

46 NEW CONDO GUIDE MAY 9 - 23, 2015

sponsors New Condo Guide and Fashion Magazine; supporting sponsors Rockport Group and Iler Campbell; contributing sponsors Norm Li, RAW Design Inc., Terraplan Landscape Architects and Graziani + Corazza Architects Inc.; and sponsors Beau’s All-Natural Brewing, Vieni Estates and ECHO Real Estate Team Residential. About Artscape Artscape is a non-profit urban development group that makes space for creativity and transforms communities. Their work involves clustering creative people together in real estate projects that serve the needs of the arts and cultural community, and advance multiple public policy objectives, private development interests, community and neighbourhood aspirations, and philanthropic missions. Artscape achieves its mission through developing and managing unique cultural facilities – including community cultural hubs, multi-purpose creative spaces and artist live/ work projects – and delivering programs and services that promote creativity and cultural space development. In Toronto, Artscape is widely recognized for its nine properties in operation, including the popular community cultural hubs Artscape Gibraltar Point on the Toronto Islands, Artscape Wychwood Barns near Christie and St. Clair, Daniels Spectrum in Regent Park and Artscape Youngplace on Shaw Street near Trinity Bellwoods Park. Many Artscape facilities include event venues, run as a social enterprise. For more information, visit artscape.ca

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Simcoe St.

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Richmond St.

PRESENTATION CENTRE

Adelaide St.

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

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

studiocondos.ca • 647.352.7736

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Get a quote at tdinsurance.com/fits or call 1-877-889-1396 TD Insurance home protection is distributed by TD Insurance Direct Agency Inc. and is underwritten by TD General Insurance Company in Ontario and by Primmum Insurance Company in the rest of Canada. ® The TD logo and other trade-marks are the property of The Toronto-Dominion Bank.

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

CONDO PROFILE

East United: Where amenities take centre stage

hile the west end of Toronto has long reigned as the darling district, the east end has been undergoing a renaissance, emerging in recent years as thriving hub of historic charm and contemporary arts and culture. Now a destination address for some of the city’s best restaurants, galleries and independent design boutiques, the area has seen a surge in residential development. Standing out amongst them is East United, one of the area’s most exciting new developments that’s generating buzz for its non-conformist attitude, and design and lifestyle-driven attitude. Behind the buzz is SigNature Communities, Berkshire Axis Development and Andiel Homes – the visionary team that’s bringing a residential development to King and Berkeley, with a build-site that stretches from Berkeley to Parliament. Mirroring the unique fabric of the east end, both sides of East United’s facades pay homage to the neighbourhood’s heritage and contemporary aesthetics. While the five-storey podium on Parliament exudes a stylized modernism, the preserved heritage building along Berkeley, a former row of stables, gives the residences its historical depth. Moving indoors, interiors are tailored to residents’ eclectic lifestyles with a series of amenity spaces that are thoughtfully curated in both design and purpose. Designed by Giannone Petricone Associates and the Design Agency, the aesthetic pulls inspiration from the intermingling characters of the building’s vibrant

52 NEW CONDO GUIDE MAY 9 - 23, 2015

Moving indoors, interiors are tailored to residents’ eclectic lifestyles with a series of amenity spaces that are thoughtfully curated in both design and purpose locale. From the St. Lawrence Market, King East Design District to the historic cobblestone streets of the Distillery District, Corktown’s eclectic identity is embedded into East United’s design. Placing priority of relaxation and wellness, each space is presented as its own secluded urban oasis, providing the perfect spot to escape the hustle and bustle of the city streets. Residents may begin their day afresh in the tranquil yoga lounge with nothing but their mat and a breathtaking view of the city to keep them company. From there they can walk up a feature staircase into the building’s fourth-floor fitness centre and kick-start their morning with a more active routine.

“We’re using the east end as a key point of influence in the design decisions,” says Matt Davis of The Design Agency. “That goes for everything from the amenities spaces, which are a reflection of the enduser’s lifestyle, to the design of the suites, which are meant to be a direct reflection of their surroundings.” On the 11th floor, the private dining room and event space invites anything from intimidate dinner parties with friends to larger celebrations. A jam room that connects to the event space can be used for private, musical sessions, or be opened up to the event space for a more celebratory affair. Moving outdoors, the walk-out rooftop terrace provides the perfect spot to while away those warm summer evenings, complete with lounge seating, fire pits, outdoor ping pong and even an outdoor theatre. With a walkability score of 97, the residences are also in convenient proximity to both the Gardiner Expressway and Don Valley Parkway, as well as streetcar lines on Queen and King. East United is located at 95 Berkeley St., with prices from $199,900. The building rises 21 stories and consists of 279 units, offering one-, two-, three- and four-bedroom layouts ranging from 350 to 1,400 sq. ft. Opening in spring 2015, the sales centre will be located at 95 Berkeley. To register please visit eastunitedcondos.com MAY 9 - 23, 2015 NEW CONDO GUIDE 53

MORTGAGE ADVICE

Is the lowest rate always best? By Alyssa Richard

hile at ratehub.ca we’re in the business of comparing mortgage rates, we know there’s more to consider than simply how the interest rate will affect your mortgage payment. Throughout the year, big banks and even smaller lenders will offer incredible promotional rates to bring in new clients, but many of those offers come with serious restrictions and penalties. Before you jump at the chance to snag the lowest rate, read the fine print in your agreement to see if your new mortgage product comes with any of the following:

» Low prepayment privileges. Most products give mortgage

holders the option to increase their monthly mortgage payment amount once per year and/or make lump-sum payments throughout the year. While many lenders offer 20 per cent/20 per cent prepayment privileges (meaning you could increase your payment by 20 per cent each year and/or make a lump-sum payment of 20 per cent of your original mortgage), some promotional rates only offer 10 per cent/10 per cent. If your goal is to become mortgage debt-free fast, this may not be the right product for you.

Of course, if your mortgage product comes with the lowest rate on the market and has few restrictions, you should jump at the chance to get it! But if you have any concerns about what’s included in the mortgage agreement, don’t be scared to shop around and find the right mortgage for you – even if it doesn’t come with the absolute lowest rate.

» Collateral charge. If the lowest rate ends up being for a

collateral mortgage, you’ll want to carefully consider how taking one on could affect your finances in the future. Collateral mortgages are readvanceable mortgage products that allow you to borrow money from your home at anytime, without having to refinance (and pay the legal fees to do so). Sounds great, right? Unfortunately, they also lock you into staying with that particular lender, even when your mortgage comes up for renewal. To get out of a collateral mortgage, you would need to hire a real estate lawyer (and pay legal fees). » Closed mortgage. While most mortgages in Canada are

closed, some mortgage products’ restrictions are tougher than others. For example, the 1.99 per cent fixed-rate mortgage product one lender offered recently didn’t allow borrowers to prepay, negotiate or refinance their mortgage throughout the three-year term. The only way to break your mortgage in that agreement was to sell your home. Again, if you are someone who wants to pay down your mortgage debt fast or may need to borrow from your home in the future, this may not be the best product for you. 54 NEW CONDO GUIDE MAY 9 - 23, 2015

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

MAY 9 - 23, 2015 NEW CONDO GUIDE 55

CONDO PROFILE

FOUR HOT CONDOMINIUM CHOICES From a builder you trust

Live an exciting urban lifestyle at Ten93 Queen West

hen it comes to creating superb condominiums, Pemberton Group’s philosophy is, “It’s all about you.” For over 50 years this progressive firm has been building outstanding new home neighbourhoods in many of the GTA’s most coveted locations. Pemberton has communities in various stages of completion, from move-in ready to coming soon. Be sure to act now to take advantage of special savings and limited-time Spring Incentives. See a sales representative for full details. If living in downtown Toronto amid trend-setting dining, theatre, nightlife, fashion and arts venues is your dream, then Ten93 Queen West is your perfect choice. Queen Street West has been named Vogue Magazine’s second coolest neighbourhood in the world! And, three of Toronto Life’s 20 best restaurants of 2015 are there.

56 NEW CONDO GUIDE MAY 9 - 23, 2015

View the new online tour of the 08 design at SkyCity and SkyCity2

Discover Suite 14, ideal for first-time buyers or as a value-packed investment. This 655-sq.-ft. layout comes with smooth ceilings throughout, custom-style kitchen cabinetry, built-in appliances, a ceramic tile backsplash, pre-finished engineered wood flooring, and Juliet balcony. Priced from $363,500 (including incentive), for a limited time you’ll also receive an additional one per cent off the purchase price!

Choose from two Spring Incentives for the other fabulous suites priced from the $280’s. Select a one-bedroom plus den Live/Work to receive a $13,500 credit, and a $20,000 credit is available for two-bedroom, two-bedroom-plusden and three-bedroom layouts. Prices include a free locker and free six-month Rogers package. Call 416.546.6355 SkyCity2 in Richmond Hill City Centre has three Spring Bundles for you. Choose from the First-Time Buyer Bundle: $8,000 discount, one-year free maintenance credit, and $4,000 toward upgrades; the Investor Bundle offers: $12,000 discount, $3,000 toward upgrades, free assignment, and zero levies; or choose the Down-Size Bundle: $10,000 discount, $8,000 toward upgrades and zero levies. Enjoy an exceptional lifestyle with 17,000 sq. ft. of next generation amenities at this master-planned community, situated in the transportation hub at Yonge and Highway 7. Suites start from the low $300’s. View the online tour of the 960-sq.-ft. two-bedroom-plus-den 08 design. Call 905.709.5700 Popular Downtown Erin Mills is Pemberton’s master-planned community steps from Erin Mills Town Centre in Mississauga. Now is your last chance at pre-construction pricing. Choose your preferred savings from among three prepackaged Bundle Incentives worth up to $15,000. Prices (including incentives) begin from the $280’s. Call 905.603.6300 Move in now at Vivid Condominiums, situated within easy walking distance to the Islington subway and Kipling GO stations, in Etobicoke. Situated at Bloor and Islington, this highly successful 20-storey condominium offers unbeatable value and spacious

Vivid’s indoor pool is ready to enjoy. Actual photo.

Downtown Erin Mills’ 17,000 sq. ft. of amenities include the stylish party room

designs. You can buy now with just five per cent down and receive up to $17,500 off the purchase price. Plus, available suites on floors 6 through 16 are currently priced from just $305,490 (after incentive), and free parking and a locker are also included. This Pemberton community features a completed park with a splash pad, playground and gazebo. Inviting amenities begin with 24-hour concierge service provided from the stylish lobby. Residents will enjoy the indoor swimming pool that’s ready to use, fully equipped fitness centre, and chic lounge with a fireplace, bar, servery and caterer’s kitchen. To see for yourself the remarkable value, tour the new finished suite. Call 416.239.8200

Buy from a builder you trust. For more information on all of the company’s fine communities, visit PembertonGroup.com. You can also follow Pemberton on Facebook, Twitter and Instagram. MAY 9 - 23, 2015 NEW CONDO GUIDE 57

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 â&#x20AC;˘ 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. 58 NEW CONDO GUIDE MAY 9 - 23, 2015

A RT I ST IC LO F TS AT Q U E E N & B AT H U R ST F R O M $ 2 93 , 9 0 0

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BATHURST ST.

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

RICHMOND ST. W.

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

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

MAY 9 - 23, 2015 NEW CONDO GUIDE 59

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 Etobicokeâ&#x20AC;&#x2122;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 artistâ&#x20AC;&#x2122;s concept. Prices, availability, design and specifications subject to change without notice. E.&O.E. April 2015.

NOW OPEN LIVE ON DOWNTOWN’S LOWER EAST SIDE

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$279,900

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BERKELEY ST.

ONTARIO ST. ADELAIDE ST. E.

VISIT OUR SALES CENTRE + MODEL SUITES

53 ONTARIO ST. (AT RICHMOND ST. E.) MON-WED. 12-6PM THURS. 3-8PM SAT+SUN. 12-5PM

EAST55CONDOS.COM EXCLUSIVE BROKER

416.861.9559

DEVELOPED BY

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

MAY 9 - 23, 2015 NEW CONDO GUIDE 61

IN THE NEWS

The Towns at Emerald City now a sell-out success SPECTACULAR CONDOMINIUM UNITS STILL AVAILABLE IN DREAM TOWER AND THE COLOURS OF EMERALD CITY

Artist’s concept

merald City’s master-planned community at Sheppard Avenue and Don Mills Road is proving to be phenomenally successful, and the 11 residences called The Towns at Emerald City are now sold out. They were ideal for families and those seeking spacious lowrise living with all of the advantages of an ideally located condominium neighbourhood. At nearly 2,000 sq. ft. in size, these coveted townhomes offered a rare opportunity in one of North York’s most sought-after communities. In the constructed first phase, Emerald City 1 is sold out and Emerald City 2 is 99 per cent sold out as well, but you will still find superb choices in the third condominium, Dream Tower, if you would like an immediate occupancy. In addition, construction is slated to begin this summer on the first building in the second phase, The Colours of Emerald City, which is available for sale. Now is the time to get in at pre-construction pricing. Whichever condominium you choose, you will benefit from incredible value in a community that offers a vibrant lifestyle for everyone from single professionals to couples, families and emptynesters. Emerald City is situated close to the Sheppard subway and chic Fairview Mall, where high-end boutiques, major department stores, movie theatres, restaurants and service venues beckon with convenience.

62 NEW CONDO GUIDE MAY 9 - 23, 2015

As for Emerald City itself, residents have remarkable amenities at their doorstep, such as the Parkway Forest Community Centre. Slated to open soon, this fabulous facility will house a gymnasium, YMCA-run day care, outdoor pool and change rooms. Adding to its uniqueness, Emerald City is distinguished by public art installations by renowned Canadian novelist and visual artist Douglas Coupland. This series of massive, brightly coloured cones and seven smaller cylinders establishes a true sense of place and introduces the enthusiasm that permeates the neighbourhood. The Colours of Emerald City is a 13-storey condominium with a stunning contemporary exterior designed by WZMH Architects. Interiors by II BY IV Design Associates also speak to the community’s vibrancy. It is anticipated that The Colours of Emerald City and the second building in the same phase will share remarkable amenities including an equipped fitness centre, hot tub, his and her saunas, pool area, and an outdoor patio and terrace, where residents can barbecue and dine alfresco with family and friends. The condominium’s party area also opens onto this terrace. Unit owners will enjoy its indoor dining room, lounge, screening room and games room. And for overnight company, residents will be able to book a hotel-style guest suite. The well-appointed suites in The Colours of Emerald City are priced from just the mid-$200,000s. Features and finishes may include a balcony or terrace, approximately nine-ft. ceiling heights, quartz or granite kitchen countertops, and either fully integrated or stainless steel appliances. Visit the Emerald City presentation centre and tour the brand new II BY IV-appointed model suite, at the southeast corner of Don Mills Road and Sheppard Avenue. Hours are Monday to Thursday 11 a.m. to 6 p.m.; Saturday and Sunday noon to 5 p.m. To find out more, register at emeraldcitylife.ca or call 416.492.0001.

SPRING BLOOMS AT EMERALD CITY Construction Starts This Summer!

You Can Truly Have It All!

CLOSE TO DON MILLS SUBWAY STATION, FAIRVIEW MALL, MA JOR HIGHWAYS AND MORE

EmeraldCityLife.ca

DON MILLS SUBWAY STATION

FAIRVIEW SHOPPING MALL

FROM THE MID 200’S

Fair view Mall

Presentation Centre Forest Manor Rd.

Hwy 401

N Hwy 404

DON MILLS RD

T TC

SHEPPARD AVE

RECEIVE UP TO $8,000 CASH BACK † P R E S E N TAT I O N C E N T R E Mon-Thurs 11-6 pm Sat & Sun 12-5 pm For more info, call 416.492.0001

THE COLOURS OF EMERALD CITY

Exclusive Listing: Baker Real Estate Incorporated Brokerage. Brokers Protected. † Ask Sales Rep for information. This offer is not to be combined with any other offers or promotions. Limited time offer that may be withdrawn and is subject to change at any time without notice. Cash back is paid as a credit adjustment on ﬁnal closing. Certain conditions apply. E.&O.E. Renderings are artist's impression.

IN THE NEWS

Amenities to ‘Love’! GEMTERRA’S LOVE CONDOMINIUMS IN SCARBOROUGH OFFERS AMENITIES APLENTY

Lobby

Lounge and party room

Pool

64 NEW CONDO GUIDE MAY 9 - 23, 2015

emterra recently opened its doors to new owners and media for a chance to check out all it has to offer by way of amenities – and staying true to the condo’s name, there’s lots to love at Love Condominiums. The tour started with a reception in the chic lounge and party room, where guests were treated to sweets and drinks served up with remarks from Yan Wang, president for Gemterra Development Corporation, and Barbara Lawlor, president and CEO of Baker Real Estate Inc. The amenity tour kicked off in the Tanner Hill Associates-appointed lobby, home to the 24/7 uniformed concierge service. The amenity centre boasts a full-sized indoor pool and change rooms, hot tub, a fitness centre which overlooks a grassed area that is perfect for tai chi, as well as landscaped gardens and barbecues beside the pool area. The billiards and TV lounge with a bar area, a party room with catering kitchen, and a guest suite offer all the diversions you and your guests need and want to round out this true escape from the daily grind. Love is rising 20 storeys on Bonis Avenue, near Kennedy Road and Sheppard Avenue East, offering 287 suites and 21 condominium townhomes. Units at Love Condos are almost sold out, but you can still get in on this great deal, with suites priced from the $200’s. You can also register for Joy Condos, coming soon. Visit the Love presentation centre and model suite at 3573 Kennedy Rd. Call 416.491.LOVE or visit lovecondominiums.com.

The Joy Of Living COMING SOON In Scarborough at Kennedy + Sheppard

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SWEETEST SUITES

Tanner Hill outfits Gemterra’s model suite with a little ‘love’

“The neutral palette with punches of rust can be changed by simply selecting a different accent colour for accessories” 66 NEW CONDO GUIDE MAY 9 - 23, 2015

here can you find an affordable condominium suite that is packed with value and style – a place you can live in and love? Look to Love Condos, Gemterra Development Corporation’s residence on Bonis Avenue, near Kennedy Road and Sheppard Avenue East in Scarborough. Suite prices begin from the low $200,000s. A model suite that showcases the standard features and finishes is available for viewing. The design and decor by Tanner Hill Associates Inc. reflect the playful nature of this contemporary building by Turner Fleischer Architects Inc. The 750-sq.-ft. one-bedroom-plus-den model is perfect for everyone, from young professionals to families downsizing for convenience. According to Paul Davies, a designer with Tanner Hill, “For its size, this suite is really well laid out, and we selected furnishings that are clean and uncluttered to keep the feel light and airy. “The main living area is spacious enough for a table that can seat six, and it’s amazing how much wall space there is. We were able to hang large works of art, which is unusual for a suite of this size. For flexibility, the den can be used as a TV or games room, and we placed a day bed in there to show how it can accommodate an overnight guest. In the bedroom, which has a walk-in closet, we incorporated under-bed storage to allow for ample floor space.”

He adds, “We chose a design style that is whimsical, yet also rich and timeless to appeal to the range of purchasers here. The neutral palette with punches of rust can be changed by simply selecting a different accent colour for accessories.” Davies also points out that the features and finishes in the model suite are standard. “This surprises a lot of visitors, who usually see things like laminate flooring, granite countertops and Kohler fixtures as upgrades in downtown condos.” Among other features and finishes are a ceramic backsplash, a drop-in stainless steel sink with polished chrome single-lever faucet and pull-out spray, 19-cu.-ft. Energy Star refrigerator, 30-inch Energy Star range with Ceran top, a stacked front-loading washer and Energy Star dryer. Love is a modern, landscaped 20-storey tower that will encompass 287 suites and 21 condominium townhomes. Tanner Hill Associates also appointed the contemporary lobby that will house 24/7 uniformed concierge service. Love is situated adjacent to the Tam O’Shanter Golf Course and is close to a remarkable array of amenities. The Agincourt Mall is just to the south, and the Pacific Mall only a few blocks to the north. Public transportation is close by, with busses on Kennedy and Sheppard, and the Agincourt GO station is a few blocks away. Soon the Scarborough LRT will open a new station adjacent to the Love Condos property. The onebedroom, one-bedroom-plus-den, two-bedroom and two-bedroom-plusden designs range in size from 567 to 1,038 sq. ft. and start from the low $200,000s. The Love presentation centre and model suite are now open at 3573 Kennedy Rd., (southwest corner of Sheppard and Birchmount). Call 416.491.LOVE (5683) or visit lovecondominiums.com. MAY 9 - 23, 2015 NEW CONDO GUIDE 67

IN THE NEWS

Tighter condo market to ease concerns of overbuilding “Underlying market conditions for new and resale condos have tightened considerably, which should quell concerns of over-building”

ew condo sales in the GTA took a hit in the first quarter of 2015, down 10 per cent year-overyear for a total of 4,432 sales. Volumes were restrained by a 22-per-cent decrease in the number of new units brought to the market, led by a 58-per-cent annual drop in new product coming on market. These latest figures are outlined in the Q1-2015 market results released by Urbanation Inc. Steady absorption of units in existing projects brought the level of unsold inventory in active development down by 10 per cent from a year ago to a total of 17,488 units. Pre-construction unsold inventory fell by 16 per cent to 8,781 units, while the total number of units under construction that are unsold declined by nine per cent to 7,059 units (out of 51,289). Over 21,000 condos were completed during the past 12 months, which pushed standing developer-held inventory in occupied buildings up by 49 per cent to 1,648 units — still representing just five per cent of the total newly built stock. In the former City of Toronto, unsold inventory of new condos fell by 20 per cent year-over-year as just five new projects came to market in the first quarter totaling 1,436 units, down 58 per cent from the same time last year. In total, 84 per cent of the 106,056 units in actively marketed developments were sold at the end of the first quarter, representing a record high for total absorptions in the GTA new condo market. 68 NEW CONDO GUIDE MAY 9 - 23, 2015

“Underlying market conditions for new and resale condos have tightened considerably, which should quell concerns of over-building,” says Shaun Hildebrand, Urbanation’s senior vice-president. “Record levels of completions are being offset by a very limited turnover of units listed for resale and a reduced number of new condo project openings, supporting a steady level of price appreciation.” The index for average selling prices for new condos grew by two per cent year-over-year to $562 per sq. ft. in the first quarter. Resale price growth accelerated to five per cent to an average of $431 per sq. ft. ($386,000 for an average unit size of 894 sq. ft.). Resale transactions and total listings grew at the same annual rate of 14 per cent, with sales over the past 12 months reaching a near record high 18,307 units. Condo rental apartment results recently reported by Urbanation showed a record amount of activity, with the number of units rented rising 11 per cent to a total of 4,938 in the first quarter and 23,240 units over the past 12 months. Units listed for rent grew at twice the pace of leases in the first quarter, holding rent growth to one per cent annually to an average of $2.37 per sq. ft., or $1,790 monthly.

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HOMEBUYERS’ HELP

Buying your first home? IT’S NOT JUST ABOUT LOCATION ANYMORE

ocation, location, location is the time-tested, oft-repeated first rule of real estate. But as you set out to buy your first home, there are other factors to consider as part of your selection process. Location Yes, it is important. No doubt you’d love a large house on an expansive property on a quiet cul-de-sac in the best neighbourhood. But that’s not possible. So what do you do? For your own enjoyment while you live in your home as well as for future resale potential, proximity to transportation, shopping, schools and other amenities is among the key determinants that affect the property’s appeal and ultimately, its value.

As a first-time homebuyer, education is critical. And these days, with digital media and mobile technology, all the information you need is at your fingertips. continued on pg. 72 70 NEW CONDO GUIDE MAY 9 - 23, 2015

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MAY 9 - 23, 2015 NEW CONDO GUIDE 71

HOMEBUYERS’ HELP continued

Information As a first-time homebuyer, education is critical. And these days, with digital media and mobile technology, all the information you need is at your fingertips. From the content here in New Condo Guide to the resources available to you at Canada Mortgage and Housing Corp., the more knowledge you have, the better equipped you will be to make informed decisions about buying, maintaining and eventually selling your condo. Timing Though your home is your primary residence, it is also an investment. Where you buy is usually determined largely by where you want to live, work and play. But when you buy and when you sell is also important. Like any financial instrument, real estate can ﬂuctuate in value, and your timing can determine how good of an investment it is. Given today’s challenging economic climate, there’s no shortage of media reports on the ups, downs, crashes and surges of the housing market. But if you’ve done your research, you won’t be spooked – or excited – by big-picture reports on short-term market performance. You know that real estate is not national or regional – it’s very specific. You don’t buy the Canadian market, and you don’t buy a provincial or even regional market. You buy a specific home, on a specific street in a specific neighbourhood.

72 NEW CONDO GUIDE MAY 9 - 23, 2015

Is home ownership right for you? Buying your first home is one of the biggest emotional and financial decisions you’ll ever make, so prepare yourself to make a knowledgeable decision. Although buying a home almost always seems like a great idea, it is important to understand what home ownership involves. Of course, being a homeowner is something to be proud of, but it also means having to invest money, time and energy, and taking on added responsibilities. So, before you decide to buy a home, make sure you’re ready. Here are some things to consider Financial security If housing prices rise, your home can provide you with some financial security due to capital appreciation. Stability You’ll have a place of your own. Financial stress Coming up with the down payment, meeting regular mortgage payments and other ongoing costs will tie up a lot of your cash and can put considerable stress on your finances. Maintenance Keeping your home in good shape requires time and money. Responsibility You alone are responsible for payments, repairs and maintenance. Flexibility You can decorate or renovate your home to meet your own family’s personal tastes and needs. Source: Canada Mortgage and Housing Corp.

MAY 9 - 23, 2015 NEW CONDO GUIDE 73

CITY LIVING

Doors Open Toronto weekend offerings announced “Doors Open Toronto offers a truly unique behind-thescenes experience at some of the city’s great institutions,” says Mayor John Tory. “My office will be open for all to see and I encourage Torontonians to visit City Hall for an in-depth tour. I’d like to thank our presenting sponsor, Great Gulf, for its continued commitment to this event and support for the city, its buildings and its people.” Toronto City Hall, which celebrates its 50th anniversary this year, will be abuzz with activity during the Doors Open Toronto weekend. Visitors to the building can experience rare access to the Mayor’s Office, the 27thfloor observation deck, the council chamber and special exhibits and activities, including: » 50th Anniversary of City Hall A photographic exhibition featuring the landmark’s design and construction, in honour of its 50th anniversary » Fit for Office - Fitness Circuit A family-friendly fitness circuit of activities at City Hall » Snapshots of Ontario Sports Heritage A showcase of archival images and facts about sports in Ontario, and » Rendering Toronto’s Landscape An exhibition documenting Toronto’s most significant public spaces

oors Open Toronto presented by Great Gulf has announced its line-up of buildings and enhanced programming for May 23 and 24. The 16th annual weekend celebration of architecture will offer free and rare access to architecturally, historically, culturally and socially significant buildings across Toronto. “At Great Gulf, we know how vital buildings are to shaping the identity of a city, which is why we are delighted to return as presenting sponsor of Doors Open,” says Christopher Wein, president of Great Gulf Residential. “We invite everyone to join us in celebrating the brilliant architecture and progressive design showcased throughout the weekend.” This year’s event features more than 155 buildings, including 55 new participants, an exciting speaker series and city-wide walking tours. Details are now available at toronto.ca/doorsopen.

74 NEW CONDO GUIDE MAY 9 - 23, 2015

In honour of this summer’s Toronto 2015 Pan Am/Parapan Am Games, this year’s theme of “Sports, Recreation and Leisure” offers attendees a sneak peek inside more than 70 private and public recreational sites, and is highlighted throughout many of this year’s walking tours and exhibits. Fourteen free walking tours sponsored by the University of Toronto will extend throughout the weekend, delving deep into the history and architecture of a wide variety of neighbourhoods. Many of the walking tours shine light on Toronto’s sports history, including A Century of Fun: Sports Leisure and Recreation at the University of Toronto, Sport Stadiums and Lakeside Leisure: Playing Along the Waterfront, Ravine Lands at the University of Toronto Scarborough and Toronto’s Playground: A History of Amusement, Recreation and Athletics on the Toronto Islands. Three OpenInsights speaker series, featuring influential architects, civic officials, academics and artists, will examine landscape and architectural design, housing, heritage and public space in the city.

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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.

MAY 9 - 23, 2015 NEW CONDO GUIDE 75

THE MORTGAGE MINUTE

What’s all the fuss about A MARKET CORRECTION? By Peter Kinch

ick up any newspaper today and no one could blame you if you got a little worried about a pending market correction in Canadian real estate. Are Canadians taking on too much debt? Is there a housing bubble about to burst? What if there is a market correction? The real question is, “Do Canadian homeowners or prospective buyers need to be concerned?” Every time there is talk about a market correction in Canadian real estate, the tone is quite negative. But let’s take a closer look at that situation: rather than argue about whether we may (or may not) face a market correction in the future, let’s analyze what it really means to Canadians if one were to happen.

First-time homebuyers If you’re a first-time homebuyer, you have likely felt the pinch of the rising cost of housing. So a slight market correction would be welcome news. You can still get into home ownership with only five per cent down, but since your maximum amortization is limited to 25 years, a drop in pricing is exactly what you’ll need to be able to get into this market. Conclusion: A market correction is a good thing for you. Current homeowner buying or selling – moving up or downsizing It is rare that someone buys a home without selling their home first. If you are a homeowner and you’re looking for the right time to sell your home so you can buy another, you may be concerned that the price of your current home is dropping. But let’s take a closer look at that: assume the value of the home you are selling drops by 10 per cent. Let’s also assume that you plan to buy another home (whether upsizing or downsizing). The key to remember in a downturn

continued on pg. 78 76 NEW CONDO GUIDE MAY 9 - 23, 2015

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Focus on what your bottom line “net” is, rather than what you thought or had hoped to sell your home for. market is that the person selling their home to you is going through the exact same thing. In other words, if the value of your home dropped 10 per cent, so too did the value of the new home you are buying. Focus on what your bottom line “net” is, rather than what you thought or had hoped to sell your home for. Conclusion: In most cases, the net effect of a market correction is zero. Real estate investor or second-home buyer If you are buying real estate as an investment either for cash flow or as a second home, then this is the perfect market condition for you. When there are more sellers than buyers, you have more bargaining power. If you can negotiate a better deal and pay less for the property you are looking for, it simply makes the deal that much more affordable. Conclusion: You should be hoping for a market correction. Current homeowner with no plans to sell The majority of Canadians fall into this category, and let’s be honest – the single biggest reason we worry about a housing correction is the fear that it will erode our home equity and net worth. Over the last decade, a significant amount of the net worth of Canadians has been tied up in their home equity, and this has provided the foundation for a lot of retirement plans – so there is obvious concern. But should there be? For the majority of Canadians, the plan is to stay in their current home for at least three to five years. So here’s a simple fact: equity is only gained or lost the day you sell. In other words, if the value of your home were to drop by 10 per cent tomorrow, you may feel anxiety over the drop in your net worth – but it would only be on paper unless you actually sold your home tomorrow. If you have no intention of selling soon and you can still afford your monthly payments, then all you need to do is sit and wait and go about your normal life until the market bounces back – which it has done for the past 100 years. 78 NEW CONDO GUIDE MAY 9 - 23, 2015

Conclusion: A market correction may have zero impact on you. In the end, the headlines will continue to talk of impending market corrections. The key for you is to decipher one of three things: 1. Is this a real concern? 2. Is this an opportunity? Or, 3. Are you just getting worked up about nothing? Bottom line: A lot of people will fret about this topic over the water cooler tomorrow morning – but the majority of them really don’t need to.

Peter Kinch is an award-winning mortgage broker and best-selling author of The Canadian Real Estate Action Plan Visit peterkinch.com or contact him at peter@peterkinch.com

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MAY 9 - 23, 2015 NEW CONDO GUIDE 79

DESIGNER ADVICE

The art of art By Yanic Simard Photos by Ted Yarwood

reshly painted walls are beautiful, but hanging artwork truly takes the look of your space up a notch. It’s like the icing on the cake – it’s plain and bare without it. Choosing artwork can be a big challenge if you don’t have any idea of what you want, so I’ve assembled some tips that you might find helpful. Do your homework I would highly suggest taking some time to do a little background research on the diﬀerent styles and artists that are out there. The more knowledgeable you are, the better you’ll feel when making your purchase. If you go into the whole experience blind, you might come out of it wondering if you made the right choices.

Photography versus painted You really can’t compare photography and painting – choosing which one suits you is more of a personal preference, though you can definitely mix both in your interior setting. If you’re planning to do more of a grouping or gallery style, I would suggest sticking to one medium.

continued on pg. 82 80 NEW CONDO GUIDE MAY 9 - 23, 2015

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DESIGNER ADVICE continued

The more knowledgeable you are, the better you’ll feel when making your purchase. If you go into the whole experience blind, you might come out of it wondering if you made the right choices. Stay open minded When you’re buying art, try not to have anything particular in mind besides the size you need and possibly the colour scheme. There are two schools of thought around art and colour schemes – either that you want it to blend or you don’t (which is another personal preference). The only thing you don’t want is for the piece to look forced, because then it will look awkward in the space. Most of the time, you’ll go into a gallery thinking you want one thing and spend time searching for it, but in the end you’ll actually leave with the complete opposite. Look local and abroad If you’re trying to find something with a story behind it, do a quick search of local artists/photographers; if you go on vacation, do the same thing before you leave. Connecting with the individual who created the art and hearing the history behind it first-hand is a really cool experience. My design firm, Toronto Interior Design Group, had a piece of

artwork commissioned by the exceptional Canadian artist Tony Koukos. I had something specific in mind, and the piece turned out just as beautifully and perfectly as I had imagined. Our clients absolutely love it, especially because of the story behind it. Artwork is always a conversation piece, and looking both locally and abroad will help make it even more of one. A feel-good investment If you leave the shop with a smile on your face, feeling happy about what you continued on pg. 84

82 NEW CONDO GUIDE MAY 9 - 23, 2015

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DESIGNER ADVICE continued

purchased, whether or not you purchased a piece from a worldrenowned artist shouldn’t matter. Hanging the art There is as much of an art to hanging the art as the art itself. You want to make sure that the height you hang it at is just right, to avoid creating unnecessary and irritating-to-the-eyes holes in the walls. The general rule of thumb is to have the centre of the artwork (or the grouping of artwork) at eye level. If it’s meant to be viewed while seated, it should be hung at eye level when you’re sitting down. Framed or unframed? We all know that framing can cost a fortune – and can sometimes take away from the artwork itself. The idea behind framing is that you want to enhance the beauty of the piece. You might want to try hanging it without a frame first – to decide if it even needs one, or to help decide on what type/scale/finish of frame to go with. When it is within its surroundings, it’s easier to determine what to do with it.

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

84 NEW CONDO GUIDE MAY 9 - 23, 2015

You want to make sure that the height you hang it at is just right, to avoid creating unnecessary and irritating-tothe-eyes holes in the walls

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MAY 9 - 23, 2015 NEW CONDO GUIDE 87

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

88 NEW CONDO GUIDE MAY 9 - 23, 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

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GTA Edition May 9 - 23, 2015

Jan 6 - feb 3, 2012 Volume 20 issue 01 Jan 6 - feb 3, 2012 Volume 20 issue 01

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

IN THIS SECTION Maps andmaking listings for new of condo a communities in guide the 416to region Welcome the neW year sense beginnerâ&#x20AC;&#x2122;s inside this Builder issue news mortgage terms arranging a mortgage With a neW attitude and the latest in condos in the 416 inside this issue

making sense of mortgage terms

a beginnerâ&#x20AC;&#x2122;s guide to arranging a mortgage

Welcome the neW year With a neW attitude

CHAZ.YORKVILLE IS READY FOR YOU! NOW IS THE TIME TO START YOUR NEW LIFE IN YORKVILLE In Yorkville, Toronto’s most desirable neighbourhood, at the crossroads of our extensive transit options and surrounded by everything that makes urban living great, new residents are now moving in to Chaz.Yorkville! This soaring, lifestyleenhancing condominium is complete — all it needs now is you! With only a few premium view and select suites remaining, Chaz.Yorkville offers a closing credit and furniture package VALUED UP TO $35,000, to provide you with an exceptional opportunity to help you buy a home of your own. With its exciting amenities, unbeatable location and award winning architecture, Chaz.Yorkville is not just a great choice for city living, but also a superb investment in your financial future. Yorkville is legendary for its star-studded past and present, where creative legends have always gathered and where the film industry’s biggest stars celebrate the Toronto International Film Festival each fall. Bistros, cafés and fine restaurants await around every corner, alongside the finest retailers and most luxurious brands in the world.

Summer is the perfect time to explore. Start with brunch at Flo’s Diner (come early for a patio spot!) or One, then stroll over to the Royal Ontario Museum, where the Canadian premiere of Pompeii: In the Shadow of the Volcano is exhibiting this summer. Window shop the Mink Mile along Bloor Street West and then head to Toronto’s hottest new Yorkville spot, Buca, for Italian or to Pusateri’s for a delicious bring-home meal to enjoy with friends in one of Chaz. Yorkville’s stunning entertaining spaces — try the dining room, wet bar and billiards room in the East Lobby. After dinner, plan a movie night, watch the big game, or battleentire empires in one of three purpose-designed media lounges, each equipped with the latest audio/video equipment and seating ideal for film buffs, sports fans and gamers, respectively.

DINING ROOM

Cap off the night at The Chaz Club, a spectacular two-storey residents club cantilevered out from the 36th and 37th floors. Clever, comfortable banquette seating overlooks a spectacular city view, a fully outfitted kitchen and dining room for 20 guests , and the convenience (and savings) of a gorgeous BYOB environment will quickly make this your favourite place to be. Book one of the beautifully designed guest suite so that when the night is done, your friends can stay the night for the ultimate in convenience and economy.

BELLAIR COLLECTION KITCHEN

When it’s time to retreat to your own private oasis, revel in the luxurious designer touches and upscale finishes, including, innovative glass-shelf backsplashes in the kitchen and sixfoot, multi-shelved custom medicine cabinets in the spainspired bathrooms. BELLAIR COLLECTION BATHROOM

Chaz.Yorkville is designed to make your life more enjoyable and more convenient, including the fully equipped fitness studio complete with his-and-hers steam rooms. Share your life with a four-footed loved one? The on-site pet spa is perfect for washing any post-stroll mud off your pup’s paws before they hit your carpet. With the Bloor/Yonge subway station less than three minutes’ walk away (most of it on a covered walkway), the entire city is easily yours for the taking, but if you long to roam further afield, on-site Zipcar parking makes it easy to get anywhere the roads go. Of course, a 24-hour concierge is at your service to help make it all happen. With Bazinga!, an innovative

cloud-based community-building platform, helping you keep track of your paperwork, stay in the know about board meetings, or even help you find a new friend to work out with, you can create exactly the life you long for, right here. The deep setbacks from the sidewalk and mature trees along Charles Street, as well as Chaz.Yorkville’s superb landscaping including an exquisite waterfall, spanning nearly 90 feet, create a charming boulevard location right in the heart of the downtown action for an unparalleled lifestyle, starting with a home of your own at Chaz.Yorkville. With the Bloor/Yonge area rapidly becoming the centre of luxury highrise living in Toronto, the neighbourhood holds the promise of standing out as offering one of the world’s greatest concentrations of luxury condos over the next few years. Backed by the expertise of Developer Jason Fane and Project Manager Edenshaw Homes, it’s the perfect place to invest in yourself. Right now is the time to take advantage of time-limited incentives. VISIT OUR FULLY FURNISHED DISPLAY SUITE TODAY AND EXPERIENCE ALL CHAZ.YORKVILLE HAS TO OFFER. OUR SALES CENTRE AT 45 CHARLES ST. E. SUITE 203 IS OPEN MONDAY TO THURSDAY, AND SATURDAY AND SUNDAY, FROM NOON TO 6 P.M. CALL 416-922-0045 OR LEARN MORE ONLINE AT CHAZYORKVILLE.COM.

MOVE IN NOW TO MOVE IN NOW TO YORKVILLE LUXURY YORKVILLE LUXURY

EXQUISITE GRANITE COUNTERTOP

MOVE IN NOW UPGRADE TO A NEW STANDARD AT CHAZ YORKVILLE, WHERE WE’VE RAISED THE BAR

MOVE IN NOW

WITH STANDARD LUXURY APPOINTMENTS THAT TAKE SOPHISTICATED LIVING TO A NEW HIGH. THE PREMIUM EXPERIENCE IS ONLY MATCHEDWHERE BY THEWE’VE INCREDIBLE UPGRADE TO AIN-SUITE NEW STANDARD AT CHAZ YORKVILLE, RAISEDBUILDING THE BAR AMENITIES SUCH AS THE SPECTACULAR CHAZ CLUB ON THE 36TH AND 37TH WITH STANDARD LUXURY APPOINTMENTS THAT TAKE SOPHISTICATED LIVING TOFLOOR, A NEW HIGH. HOTEL-STYLE LANDSCAPED COURTYARD AND MORE. ADDINCREDIBLE A FANTASTIC LOCATION, THE PREMIUMLOBBY, IN-SUITE EXPERIENCE IS ONLY MATCHED BY THE BUILDING STEPS TO 2 SUCH SUBWAY UNIVERSITIES, MUSEUMS, RESTAURANTS, SPAS AND SALONS. AMENITIES AS LINES, THE SPECTACULAR CHAZ CLUB ON THE 36TH AND 37TH FLOOR, THIS IS CHAZ YORKVILLE LIVING AT COURTYARD ITS MOST SUBLIME. HOTEL-STYLE LOBBY, LANDSCAPED AND MORE. ADD A FANTASTIC LOCATION,

BUILT-IN CABINET FRIDGE FOR A COMPLETE LIST OF THE MANY EXCEPTIONAL STANDARD FEATURES PLEASE CHAZYORKVILLE.COM FOR VISIT A COMPLETE LIST OF THE MANY EXCEPTIONAL STANDARD FEATURES PLEASE VISIT CHAZYORKVILLE.COM

DUPONT ST.

YORKVILLE AVE.

SALES CENTRE AT 45 CHARLES ST. EAST: SUITE 203 MON. – THURS. & SAT. – SUN.: 12PM – 6PM, FRI & STATUTORY HOLIDAYS: CLOSED CHAZYORKVILLE.COM | 416.922.0045 SALES CENTRE AT 45 CHARLES ST. EAST: SUITE 203 MON. – THURS. & SAT. – SUN.: 12PM – 6PM, FRI & STATUTORY HOLIDAYS: CLOSED CHAZYORKVILLE.COM | 416.922.0045

U OF T

BAY ST.

U OF T

YONGE ST.YONGE ST.

YORKVILLE AVE.

CHURCH ST. CHURCH ST.

DUPONT ST. BLOOR ST. BAY ST.

AVENUE RD. AVENUE RD.

STEPS TO 2 SUBWAY LINES, UNIVERSITIES, MUSEUMS, RESTAURANTS, SPAS AND SALONS. MODEL SUITE NOW OPEN! THIS IS CHAZ YORKVILLE LIVING AT ITS MOST SUBLIME. SOPHISTICATED YORKVILLE LIVING FROM THE $400’s MODEL SUITE NOW&OPEN! CLOSING CREDIT FURNITURE PACKAGE SOPHISTICATED VALUED UP TOYORKVILLE $35,000* LIVING FROM THE $400’s CLOSING CREDIT & FURNITURE PACKAGE VALUED UP TO $35,000*

STYLISH UNDER VALENCE LIGHTING EXQUISITE GRANITE COUNTERTOP INNOVATIVE BACKSPLASH STORAGE STYLISH UNDER VALENCE LIGHTING PREMIUM CARTIER KITCHEN INNOVATIVE BACKSPLASH STORAGE BUILT-IN CABINET FRIDGE PREMIUM CARTIER KITCHEN

45 CHARLES ST. E.

BLOOR ST. ISABELLA ST. 45 CHARLES ST. E. WELLESLEY ST. ISABELLA ST.

Exclusive Broker Baker Real Estate Inc. Brokers protected. *Speak to a sales representative for more details. Prices, promotions and specifications are subject to change without notice. Illustrations are artist concept. E&O.E.

90 NEW CONDO GUIDE MAY 9 - 23, 2015

Your Building, Your Home at Hearthstone by the Bay Too many retirement living options don’t work for couples. Hearthstone by the Bay is a better

Spring Open HOuSe

concept in retirement living. If you’re concerned

EvErY THursdaY in MaY sTarTing aT 1pM

about paying $4,000 – $8,000 a month for a

Enjoy light refreshments at our Open House. Call Cindy or Diane for details.

tiny suite with no kitchen, come do the math at Hearthstone by the Bay.

(416) 259-4466

At Hearthstone by the Bay, you’ll own a beautiful condominium with a full kitchen and for a monthly fee have access to health and wellness services, social programs, a full-service dining room and so much more. Drop into the Hearthstone Open House for a tour of our newly finished suites so you can decide which one would be perfect to call home.

Please call (416) 259-4466 Or find out more online at: HearthstoneByTheBay.com Prices and specifications subject to change without notice. See sales representative for details. E&OE.

For more information, visit our Presentation Centre at 3 Marine Parade Drive in Etobicoke, Monday–Thursday and Saturday. Hours: 10am – 5pm. Please call to arrange evening appointments. MAY 9 - 23, 2015 NEW CONDO GUIDE 91

92 NEW CONDO GUIDE MAY 9 - 23, 2015

ARAGON.CA

™

ARAGON.CA

THINKFORWARD™ ARAGON.CA

LIVEFORWARD™ ARAGON.CA

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.

ENIGMA ON THE PARK 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

#ARAGONFORWARD Aragon Properties Ltd. MAY 9 - 23, 2015 NEW CONDO GUIDE 93

CONDO PROFILE

DISCOVER THE BARRINGTON New floor plans, enhanced value

ash Group of Companies and The Goldman Group offer the height of urban chic at The Barrington Condominium Flats in Toronto. With the introduction of new suite designs and pricing, the opportunity to live in luxury overlooking scenic Forest Hill is now attainable for an expanded range of buyers. Suites carry from a monthly cost of $1,750. Having built the highly successful 500, 530 and 743 St. Clair Avenue West condominiums, this power duo has an amazing track record in this prestigious residential area. The Barrington is located at 1486 Bathurst St., only steps from the St. Clair West subway, meaning residents can make the trip to downtown Toronto in less than 15 minutes. The building is on four streetcar and bus routes as well. Charm permeates the St. Clair West strip between Bathurst Street and Oakwood Avenue, which has been referred to by Toronto Life as a â&#x20AC;&#x153;classic Toronto mix of urban grit, Old World-authentic mom and pop shops, and yuppie start-ups.â&#x20AC;? The entire area around The Barrington is undergoing a renaissance. Within blocks, suite owners will be able to access intriguing boutiques and trendy eateries including Catch Restaurant and The Stockyards. On Christie Street, dynamic community hub Artscape Wychwood Barns offers culture, cuisine, urban agriculture, environmental and other activities and 94 NEW CONDO GUIDE MAY 9 - 23, 2015

continued on pg. 96

GR A ND OPENING AT S T. C L A I R & B AT H U R S T C O N T I N U E S

SPOTLIGHTING BARRINGTONâ&#x20AC;&#x2122;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 continued

events. The area is also dotted with libraries, parks, trails, bike lanes and a multitude of services. With a walk score of 98 and a bike score of 88, this address offers the convenience, health and environmental benefits of walking and biking to shop, dine and run errands. In the midst of it all, The Barrington will inject a fresh, contemporary architectural flair. Designed by EI Richmond Architects, the 18-storey tower’s striking exterior will frame stylish interiors designed by Tanner Hill and Associates. Upon entering the condominium’s lobby, residents and guests can access attentive executive concierge service in sophisticated surroundings. On the fifth floor, an elegant multipurpose room has a catering kitchen and dining area, and the terrace features seating areas, barbecues and outstanding city and lake views. Enhancing the potential for entertaining and relaxing, the lounge area encompasses billiards and a large multi-media wall. For the ultimate in convenience, The Barrington’s parking facility houses an Automobile Elevator (a first in Toronto) that maximizes space and minimizes energy consumption. The Barrington Condominium Flats features two new suite groupings: The London Flats and The Knightsbridge Collection. Well-designed suites are characterized by open principal rooms and meticulous attention to detail, with deep baseboards, nine-ft. ceilings, pre-engineered hardwood flooring, porcelain tiles and spa-inspired 96 NEW CONDO GUIDE MAY 9 - 23, 2015

In the midst of it all, The Barrington will inject a fresh, contemporary architectural flair. Designed by EI Richmond Architects, the 18-storey tower’s striking exterior will frame stylish interiors designed by Tanner Hill and Associates. bathrooms. Impeccably appointed kitchens offer sleek, modern cabinetry with under-valance lighting, satin-nickelfinish hardware, granite or quartz counters and stainless steel appliances. Floor-to-ceiling windows and at least one balcony or terrace provide suite owners with generous natural light and a direct connection to the outdoors. The Barrington’s 93 suites offer layouts of one-, twoand three-bedroom-plus-den, in sizes from 555 to 2,200 sq. ft. Prices start from the mid-$300’s. Two of the Greater Toronto Area’s most respected developers, Lash Group of Companies and The Goldman Group offer the peace-of-mind that comes with longevity. These family-owned firms boast more than a century of combined experience, having developed residential, commercial and industrial projects in Toronto and the U.S. They spearheaded the revitalization of the Bathurst and St. Clair intersection, and The Barrington promises the same outstanding quality of life as its predecessors.

Register now to learn more about The London Flats and The Knightsbridge Collection. For information, stop by the presentation centre at 522 St. Clair Ave. W., Monday to Thursday noon to 6 p.m.; weekends noon to 5 p.m. Call 416.410.4444 or visit barringtoncondos.com.

HIGH TEA. HIGH DESIGN.

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 with contemporary architecture and luxurious amenities. An urban oasis just steps to Bayview village, subway and parks!

REGISTER AT TEAGARDENCONDOS.COM Brokers Protected. Prices and speciﬁcations are subject to change without notice. Illustration is artist concept. E .&O.E.

MAY 9 - 23, 2015 NEW CONDO GUIDE 97

QUICK TIPS

Solving the “stuff” problem By Hellen Buttigieg

he closets are full. The junk drawer is overflowing. The piles have piles, and the storage space is full too. You need it all, you just don’t have enough space to put it. Or do you need it all? Take a closer look and separate ‘need’ from ‘obligation’, ‘sentimentality’ and ‘just in case’. You may find you have the space to store what you need. You’ll just have to dig deep to find the strength to free yourself of the rest. After all, do you own all that stuff – or does it own you?

Let go of ‘obligation clutter’ This refers to the stuff we hold on to because we feel a sense of duty. It can be gifts, heirlooms we’ve inherited, or things we’re saving for our kids. If you are holding on to any of these, you have permission to let them go, and here’s why: » You have no duty to keep gifts forever. The last thing the gift-giver would want is for their gift to become a burden. » It can be emotionally taxing to part with inherited items, but there are more meaningful ways to honour a person’s memory than keeping all their stuff. Releasing a loved one’s belongings doesn’t betray the memory of the person. It’s a bit easier with time, so take the time you need. » If you’re keeping things for your children, consider asking them if they are even remotely interested in having them. Remember, they will have their own tastes.

3 | “I paid a lot of money for it.” You feel guilty every time you look into your closet and see it hanging there, so let go of the shame. 4 | “I wore it on my first date.” Don’t let sentimental items take up closet space. That’s like allowing the past to crowd out the present. Take a picture and let it go. 5 | “Someone bought it for me.” They’ll never know that you got rid of it, and even if they find out, they’ll understand. 6 | “It needs repairs.” Set a deadline and let it go if you miss it. 7 | “I need it just in case.” This is probably the top excuse I hear, and it is based on fear. Be brave – unless you can find a specific reason to hold on to something, find the courage to let it go.

Off-load off-site storage If you are paying a hefty monthly bill to store your belongings off-site in a rented storage container, it’s time to reconsider its value. Out of sight is usually out of mind. If you are not using the items, it may be beneficial to sell them or give them away. The money spent storing the stuff over a long period of time often exceeds the value of those items. Liberate your linen closet Let go of the sheets and towels that are torn, stained, or stored just in case. You really only need one extra set of sheets for each bed. Fold pillowcases and fitted sheets into their matching flat sheets so that the set stays neatly together. Don’t let excuses keep you stuck When editing your closet, you’ll make all kinds of excuses to keep things. Here’s are the most popular excuses I’ve heard, and my response to them: 1 | “It will come back in style.” Yes, it will. But the fabric and cut will be different and everyone will know you’ve been holding on to it since 1978! 2 | “It will fit once I lose weight.” You may lose weight in different places and it may still not fit. It may go out of style by the time you lose the weight. Reward yourself for your weight loss by buying new clothes.

98 NEW CONDO GUIDE MAY 9 - 23, 2015

Hellen Buttigieg is a certified professional organizer, life coach, TV host and owner of We Organize U. Visit her website, WeOrganizeU.com, or email Hellen at info@WeOrganizeU.com

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

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.

Lake Shore Blvd. W.

MAKE YOUR MOVE

Finding the right mover for the job By Chuck Resnick

iring the right moving company can save you lots of work, stress and headaches in the long run. Industry professionals are accustomed to handling all kinds of moves. We understand how to pack, mark and transport items of all shapes, sizes, and levels of fragility. We appreciate the importance of what we do, because people’s “stuff” is so much more to them than a collection of items. It represents their lifestyle, memories, emotional connections and fun. Although many consumers move themselves and do a good job of it, enlisting professional movers is the choice of many others. However, be careful that the company you hire is above board and upholds strict standards. How can you tell? Do your research by asking questions. Is the company a member of the Canadian Association of Movers (CAM)? This organization exists to help people find reputable movers they can trust. To explore a company’s reputation, you can also contact the Better Business Bureau (BBB) and your provincial government’s consumer protection agency. Visit Mover.net to learn more about what CAM has to say – the first three things listed are: › ask three movers for estimates in writing; › get the terms and conditions of your move in writing; › and ensure you know how your goods will be protected for loss or damage. If a company representative does not know how to answer your questions or glosses over them, a red flag should go up. Communication is the number-one factor in a successful move. At Two Men And A Truck - Canada, we have a Consumer Bill of Rights – the only one in the Canadian moving industry. We also have a list of questions to consider when consumers are thinking about hiring a mover. Of particular importance are the financial considerations. For example, does the company have a minimum charge, and how are you charged after that minimum is met? Will you be charged for fuel or travel time to and from their office to your home? Will there be a fuel surcharge or a stairs or longdistance walk charge if they have to park the truck some distance from your door? Is there a deposit required, and what kinds of payment options are available? Do they offer free quotes? How do they arrive at a valuation that is covered by insurance? Does the mover have advice for how you can reduce your costs? It is also important to ask if they employ full-time workers or use temps and day labour, and whether their employees are covered by Worker’s Compensation. Are their movers trained in how to pack and move carefully and efficiently? Ask how to contact the firm’s office during moving day, in case any issues arise. If all the representative offers is a cell phone number, be suspicious. In fact, it’s a good idea to visit the movers’ office to make sure it exists. 100 NEW CONDO GUIDE MAY 9 - 23, 2015

Remember, anyone can make anything seem legitimate on a website. It’s best for everyone involved to have a moving contract that outlines what is expected. Read it and ask questions about anything you don’t understand. Hiring a company you can trust makes for a more comfortable, less stressful and successful move.

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

Download the FREE Layar App Scan the building on the front View INTERACTIVE content Note: Data connection required. Only on your iOS, Android or Blackberry10 Smart Device.

Your conne ion awaits at Bloor & Islington PREVIEWS BEGIN MAY 23

northstarhomesinc.com 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 from the low

300â&#x20AC;&#x2122;s

*Prices and specifications subject to change without notice. Rendering is Artistâ&#x20AC;&#x2122;s concept. E & O.E.

MAY 9 - 23, 2015 NEW CONDO GUIDE 103

HOMEBUYERS’ HELP

What all new home buyers need to know

ne of the many advantages of buying a new house or condo – aside from the benefits of being able to pick and choose the features and finishes to suit your taste – is that almost all new homes in Ontario come with a warranty. In fact, the province’s new home warranty program offers coverage up to a maximum of $300,000 on each property. This warranty is administered by Tarion Warranty Corp. and covers your new home for up to seven years. In the event a sale can’t be completed, there is also deposit protection up to a maximum of $40,000 for new houses and $20,000 for new condos. (Excess deposit amounts are also protected by the trust provisions of the Condominium Act.) The warranty is broken out over one-, two-, and seven-year coverage periods during which time purchasers can apply to Tarion and their builder to remedy any problems that may have arisen since taking possession of their new home.

104 NEW CONDO GUIDE MAY 9 - 23, 2015

The one-year warranty protects against defects in workmanship and materials and any violations to the Ontario Building Code. The two-year warranty protects against defects in the electrical, plumbing and heating systems, any water penetration issues, and defects in the exterior cladding. During the seven-year warranty period you are protected against major structural defects that could affect the safety of the dwelling, such as the failure of a load bearing wall. A complete overview of the home warranty program is found in a document called the Homeowner Information Package. You can access this document anytime at tarion.com. Your builder is also required by law to provide you with access to a copy of it before, or at, the closing of your new home. The law dictates that all new homes in Ontario come with this mandatory warranty coverage. It is also required by law that all new home builders in the province be registered with the Tarion Warranty Corp. Every registered new home builder in the province is listed on the Ontario Builder Directory pages at tarion.com. If your builder does not readily provide you with requested warranty rights information, and you do not find their name on the directory, you are advised to think twice about purchasing that home. More information is available online at tarion.com. NC

NEW RELEASE OF SUITES IN THE HEART OF MIMICO-BY-THE-LAK E

IN 15 E 20 V MOMER M SU

CASH BONUS UP TO $18,000

Steps from the waterfront and minutes from downtown Toronto, Mimico-bythe-Lake offers lake-side living with convenient transit right at your door step. Townhomes and Condominium suites from 1 bedroom & 2 bedrooms starting from the $300s. Limited time incentives. Call today! • 6 month free maintenance plus additional cash incentives • Upgraded kitchen package • Parking and Locker included**

ElevenSuperior.com | 416.259.8882

PRESENTATION CENTRE

HOURS

2398 Lake Shore Blvd. West Etobicoke ON

Tuesday 2pm – 5pm Wednesday & Thursday 5pm – 8pm Saturday & Sunday 1pm – 4pm Please call to book your personal appointment

*Limited time offer. Cash back credit on closing. $18,000 off 2 beds. $15,000 off 1 beds. **Parking not included on selected suites. Prices and specifications subject to change without notice. Images for mood and impression only. See sales rep for details. E & O.E.

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106

* 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 Monarch Corporation 18 Urban Capital 19 Streetcar Development 20 Menkes Developments Inc. 22 Monarch Corporation 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 49 Tribute Communities 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 85 Carttera 99 Great Gulf 131 Lanterra Developments 140 Eden Shaw 140 45 Charles Ltd. 149 Camrost - Felcorp 150 Aspen Ridge Homes 155 Lifetime Developments 175 Sorbara Group 190 Cresford Development Corp. 201 Solotex 202 Bazis Inc. 202 Rio Can 202 Metropia 215 Dundee Kilmer Developments 217 Pemberton Group 217 Baywood Homes 218 Malibu Investments Inc. 218 Urban Capital 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 *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 $450,000 136 14e High Park Condominiums 416-351-1844 • from $300,000 17 8L Pears on the Avenue 416-323-0100 • from $420,000 Insert 14I 365 Church 416-591-7700 • from $249,000 Insert 14I Riva del Lago 416-495-3544 • from $300,000 Insert 24c RC3 416-862-0505 • • from $220,000 43 18L The Southwood 416-750-7506 • from $300,000 41 23H Fabrik 416-591-7700 • from $350,000 Insert 14M Picasso on Richmond 416-495-3549 • from $500,000 Insert 14M No1 Yorkville 416-519-2911 • from $408,000 3 15I One Park Place South Tower 416-955-0559 • from $250,000 29 18k 87 Peter 416-591-7700 • from $343,000 Insert 15M The Eglinton Yonge at Heart menkes.com • Insert 15D The Barrington Condominiums Flats 416-410-4444 • from $323,000 95 12H Howard Park 2 416-873-0989 • 83 9L Zigg St.Clair West 416-545-0223 • • from $320,000 49 14J Zigg St.Clair West 416-545-0223 • • from $320,000 49 14J Teahouse 416-861-1111 • from $200,000 11 16K Stanley mytribute.ca • from $220,000 55 16K VOX 416-485-3000 • 136 15J CASA 2 416-486-2272 • from $350,000 IBC 15L CASA III 416-486-2272 • from $350,000 136 15L Monde 416-466-8885 • from $320,000 25 17M Enigma on the Park 416-516-1551 • from $234,000 93 9L Citylights on Broadway 905-326-4100 • from $200,000 8 14D East Fiftyfive 416-861-9559 • from $280,000 61 17L The Bartholomew Downtown East 416-955-0559 • from $220,000 15 18K Liberty Central by the Lake Two 416-537-0047 • • from $250,000 71 12N Daniels Waterfront 416-221-3939 • from $280,000 23 17M East United Toronto Condos 905-273-9333 • from $200,000 50-51 18L East United Toronto Condos 905-273-9333 • from $200,000 50-51 18L East United Toronto Condos 905-273-9333 • from $200,000 50-51 18L Art Shoppe Condos artshoppecondos.com • from $200,000 75 14D One Eleven Condominiums & Lofts 647-347-4111 • from $250,000 81 13M One Eleven Condominiums & Lofts 647-347-4111 • from $250,000 81 13M One Bloor Residences 416-922-0081 • from $590,000 25 15I Riverhouse at the Old Mill 416-766-7343 • from $1592,000 14 5L 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 3 15I Studio on Richmond 647-352-7736 • from $300,000 47 15M The Bond Condominiums 416-546-7525 • • 39 15G 210 Simcoe 416-217-0210 • from $420,000 90 15M 1000 Bay 416-485-3000 • from $350,000 136 15J Upper Beach Townes 416-693-7500 • from $450,000 86 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 Canary Park Condominiums 416-603-7576 • from $250,000 79 18L TEN93 Queen West 416-546-6355 • from $280,000 9 12F TEN93 Queen West 905-326-4100 • from $280,000 9 12F Smart House 416-292-0219 • from $442,000 18 15L Smart House 416-292-0219 • from $442,000 18 15L The Harlowe 416-363-1771 • from $294,000 59 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 • • $210,000 5F NXT at Windermere By the Lake 416-977-5300 • • $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

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

Streetcar Development Canalfa Group Tridel Corporation Freed Rockport Group Urban Capital Urban Capital KIngstone Road Development Greenland Group Tridel Corporation Tribute Communities 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 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 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 Castlepoint/Cityzen/Fernbrook Pianosi Developments Sorbara Group Streetcar Development Mizrahi | Khalili Developments 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 Torbel Group TAS DesignBuild Lamb Development Corp. Lamb Development Corp. Concord Adex

*TH: Townhomes, C: Condo

Site

Telephone

TH* C*

Price Range

Page

Trinity Lofts 416-690-2988 • from $330,000 Liberty Place 416-537-0047 • • from $170,000 101 Erskine 416-480-0700 • from $286,000 155 REDPATH 416-996-5428 • from $210,000 The Nest 416-223-0003 • from $250,000 River City 416-862-0505 • • from $250,000 River City 2 416-862-0505 • • from $500,000 The Glen 416-694-3333 • from $255,000 King Blue Condos 416-599-1355 • from $215,000 Ten York 416-596-9888 • from $1020,000 The College 416-363-4800 • from $350,000 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 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 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 L Tower 416-777-2533 • from $410,000 Perspective Condos 416-242-3500 from $300,000 thirtytwo Camden 416-860-0060 • from $240,000 8 Gladstone 416-690-9009 • from $335,000 133 Hazelton Residence 416-926-9900 • 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 Wallace Walk 416-531-1818 • from $210,000 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 19l 12N 14D 14D 11H 18L 18L 23H 12N 12F M14 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 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 14M 15I 16J 16J 16L 15L 14E 15M 15I 15I 15I 17M 17M 17M 15L 15L 15L 23J 15G 17L 4H 14L M12 14I 15J 15J 12H 12H 14D 19K 14F 14M 14M 14E 16M 16M 12M 15M 14O 16L 16L 16L 12M 9L 18L 9L 8K 15M 16M 15M

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

torontoregionalmaps: Toronto, East York, York

13 14 15 16 17 18 18 19 21 22 23 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 88 94 101 102 103 103 104 106 106 109 109 110 114 117 117 117 118 118 120 120 122 124 126 126 128 129 130 131 131 133 134 135 135 137 141 142 148 149 149 149 151 151 151 153 153 153 154 155 157 162 165 170 173 179 179 184 184 185 186 188 189 191 192 195 195 197 198 199 200 200 206 207 210 215 217 219 220 221 223

107

101

Steeles Ave

North York

400

121

21 22

40 8 2 50 10 4

124

401

15 128 17

11 13

123

401

e 3

25 122

130

125

132

torontoregionalmaps: North York

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

108

Builder

6 9 12 13 15 16 18 40 96 96 121 123 1 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 96 101 122 122 122 124 125 128 128 130 132

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

Omega On The Park 416-813-2999 • • 30-31 Beacon beaconcondos.ca • from $290,000 69 5959 Yonge Street 416-222-5959 • from $289,000 44 Vida at Bayview Village 416-304-1212 from $200,000 58 Tea Garden Condos teagardencondos.com • from $250,000 97 The Ravine 416-850-2489 • • from $250,000 45 Marquette Urban Towns 416-551-9767 • from $300,000 101 Gibson Square 416-730-9722 • from $837,000 Insert Dreamtower At Emerald City 416-492-0001 • from $248,000 26 The Colours of Emerald City coloursofemeraldcity.com • from $250,000 63 World on Yonge 905-771-7010 • from $284,000 37 The Station 416-398-9777 • from $300,000 22 Opus 416-813-2999 • • 128 Connect Condos connectfairview.com 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 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 22C 17C 18A 20D 19C 25E 14E 17C 24C 24C 18A 12D 22C 24C 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 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

Passmore Ave Humberline Dr l Rd

34 Bloor St W

35 Queensway

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

Park Lawn

QEW

Royal York Rd

Dundas St W

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

Rathburn Rd

*TH: Townhomes, C: Condo

ett R

12 Etobicoke

409

Scarborough

Site Islington Terrace The KIP District Lago Humber Mews Harmony Village Eleven Superior Watermark Joy Condos Terrace on Danforth Waterscapes 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 Guildwood Richview Jasmine Condominiums Residences at The Hunt Club Three Seven Condos & Lofts Key West Condominium Royal York Urban Towns Centro Dwell City Towns Encore Triumph at Valhalla Parc Nuvo at Essex West Village IQ Condos Phase 2 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

W estway

Mil

Da nf or th

Blv d

Dixon Rd

Ranforth Dr

Centennial

Manse Rd

Galloway Rd

lva

Builder Tridel Corporation Concert Properties Monarch Corporation Menkes Developments Inc. Citycore Davies Smith Queenscorp Residences Gemterra Liberty Development Corp. Monarch Corporation 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 Scollard Development National Homes Averton Homes Infinity Developments Esquire Homes Times Group Corp. ICON Homes Henderson Development Limited Menkes Developments Inc. Monarch Corporation Edilcan Development Corp. Tridel Corporation Tridel Corporation Remington Group Alterra Homes/Finer Space Tridel Corporation Phantom Developments Your Home Developments VHL Developments Ltd. VHL Developments Ltd. Royale Grand Woodbine Developments MintoUrban Communities Inc. First Avenue Properties Lash Group of Companies

Islington Ave

Kipling Ave

Martin Grove Rd

xd a

15 60

East Ave Port Union Rd

Orton Park Rd

Markham Rd

Scarborough Golf Rd

sto

ion

Finch Ave W

401

11 n Av

Alb

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

21 22

427

Beare Rd

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

Victoria Park

McCowan Rd

Brimley Rd

Lawrence Ave E

St. Clair Ave

n Dr

orto

Brim

Eglinton Ave E

Bellamy Rd

Kennedy Rd

Warden Ave

Birchmount Rd

Pharmacy Rd

Progress Ave

29 20

Sheppard Ave E

Morrish Rd

Ellesmere Rd

401 Midland Ave

401

Milner Ave

Conlins Rd

13 23

Meadowvale Rd

Sheppard Ave E 26

Ave

Morningside Ave

evin

McL

12 Reesor Rd

Huntingwood Dr

11 Sewells Rd

Finch Ave E

Neilson Rd

McNicoll Ave

Tapscott Rd

McCowan Rd

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 thekipdistrict.com • from $233,000 60 22F 416-495-3544 • from $200,000 Insert 25c 416-259-2525 • from $550,000 Insert 20H 416-493-0123 • 103 2C 416-259-8882 • from $300,000 105 24H 416-354-2221 • from $350,000 99 23H joycondos.com • from $220,000 65 4c 416-987-7575 • from $253,000 37 2G 416-495-3544 • from $400,000 Insert 26H 416-239-8200 • from $250,000 8 23F northstarhomesinc.com • from $320,000 102 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 416-266-3655 • from $200,000 8F 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 416-495-3544 • 6D 416-233-5554 • from $250,000 21F 416-231-0999 • from $456,000 22g 416-620-1887 • from $290,000 20F 416-253-5838 • from $170,000 23G 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

109

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waterfrontmaps: Toronto

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

110

Builder

Site

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

17E

60 CANALFA GROUP

Liberty Central by the Lake Two

416-537-0047

11F

Concord Adex

FWD at Concord CityPlace

416-813-0999

• •

13F

Concord Adex

Quartz at Concord CityPlace

416-813-0999

• •

12F

Concord adex

ParadeTWO Park Collection at Concord CityPlace

416-813-0999

• from $308,000

15M

Monarch Corporation

Nautilus at Waterview -

416-203-6636

• from $400,000

25H

tridel corporation

Aqualina at Bayside Toronto

416-514-2710

•

16E

4 tridel corporation

AquaVista at Bayside Toronto

416-514-2710

• from $1,000,000

16E

Cresford Development Corp.

NXT at Windermere By The Lake

416-977-5300

• • from $350,000

11f

Cresford Development Corp.

NXT2/Phase Two

416-977-5300

• • from $210,000

CONCORD ADEX

Spectra at Concord CityPlace

416-813-0999

• •

14F

10 Great Gulf

Twenty Lombard

416-499-8883

• from $492,000

16K

11 CAMROST FELCORP

California Condominiums

sunsetcondos.ca

• from $242,000

25G

18 URBAN CAPITAL

River City 2

416-862-0505

• from $276,000

16F

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

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

Uxbridge TH* C*

Price Range

416-259-4466 48

•

416-495-3544

• from $400,000

Lake

Scug

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Insert

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416-495-3544

• from $300,000

401 Insert

24c

25 queenscorp residences

Watermark

416-354-2221

• from $350,000

19D

windcatcher development corp.

Atwater Condos

905-271-5038

• from $280,000

12C

Stanton Renaissance

On The Go

647-692-8417

• from $250,000

23C

Davies Smith

Eleven Superior

416-259-8882

• from $300,000

23C

DUnsire Developments

Anchors at Lakeview

905-990-1745

• from $420,000

13B

chestnut hill development

San Francisco By The Bay

905-831-3631

• • from $180,000

23J

Eau Du Soleil - Waterfront Condominiums

416-503-3328

25B

• from $320,000

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

waterfrontmaps: GTA

Rd ge id Br

Park Rd S

Phillip Mur

Lindsay

Riva Del Lago

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

Bloor St

Whitby 7 Waterfront

Park Rd S

Stevenson Rd

Wentworth St

Gibb St

Thornton Rd

Qu ee

W Rd

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Adelaide Ave

Kendalwood R

401

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Garrard Rd

Telephone

Blair St

Hopkins St

Hearthstone by the Bay

Garden St Blair St

Bradford Tecumseth and Tottenham

Brock St S Henry St Gordon St

Cannington

East Gwillimbury Further North Waterfront 400

Bayly St E Georgina Island 33 caygeo Bob

Ajax-Whitby

Keswick

Shoal Point Rd

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Georgina

Cochrane St

Sim

Westney Rd S

e 401

Pickering Beach Rd

Harwood Ave

Finley Ave

Dundas St E

Rossland Rd

Manning Rd

Town of Whitby

Oro

McQuay

Anderson St

Dryden Bv

18 Monarch Corporation

*TH: Townhomes, C: Condo

eS co Sim

Stevenson Rd

Garden St

Taunton Rd W

Rossland Rd

Townline Rd

Mara

Audley Rd

Conlin Rd

Whitby

28 empire communities

To Os

Thornton Rd

Baldwin St S

Garrard Rd

Church St E

Thickson Rd

Lakeshore Blvd E

Brock St N

8 Con

Country Lane

Baldwin St N

Park Lawn Cedarbrook T

Royal York Rd

Cochrane

Coronation R

Lakeridge Rd

Evans Ave

Horner Ave Rossland/Winchester

Salem Rd

Duffs Rd

28 Village of Gardiner Expressway 5 in Brookl 2

Queensway

Halls Rd N

Audley Rd

Salem Rd

Westney Rd N

Stevenson Rd

Ashburn Rd

Taunton Rd WWaterfront Etobicoke

Kingston Rd

Country Lane

Lake Ridge R

QEW

Town of Ajax 11

400

orth Dr

Dundas St W

Alliston,

Adjala 9

Fifth Conces 12 11 9

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11 Monarch Corp.

Barrie

21 22

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

Lak

Mono

Ravenscroft

Essa

Beeton, Site

Delaney Dr

400

Brawley Rd Bloor St W

Mississauga Taunton Rd E Waterfront Orillia

Church St S

Hwy 5

Shelburne 05 Davies Smith

Squires Beach Rd

Tosorontio Everett

Columbus Rd

Bracebridge

Church St N Riverside Dr Notion Rd

Montgomery F

Builder

Brock Rd

Sandy Beach

Angus

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Brock Rd

Brock Rd sR Oak jor Ma Valley Farm

Liverpool Rd

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Myrtle Rd W Rathburn Rd

6 Concession

Vespra 401

Sunnidale Oakville Granite Court 90 Waterfront Lisle

Whites Rd

rlo

Rossland Rd

Liverpool Rd

24 ings K

Greenwood Rd

7 Concession

Glenanna Rd

Appleview Rd

Sprduce Hill R

Stroud's

Wasaga Beach

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111

GTA Edition May 9 - 23, 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

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

OAKVILLAGE By Minto, Branthaven and Emshih

SENSES CONDOMINIUMS By Empire Communities

Grand opening continues at this masterplanned townhome community coming to Dundas Street East and Trafalgar Road. Web: Oakvillage.ca

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

LEGACY PARK By Liberty Development Corp. Live in Thornhill’s most connected community at Bathurst and Centre Street. Web: LegacyParkCondos.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

Register now for the best of urban living and small-town charm, right in the heart of Streetsville in Mississauga. Web: VilleCondos.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

PACE ON MAIN By Geranium Homes

THE BERKELEY By Carriage Gate Homes

Luxury suites are coming soon to Stouffville’s boutique condominium address. Web: GeraniumHomes.com

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

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

112 NEW CONDO GUIDE MAY 9 - 23, 2015

VILLE CONDOMINIUMS By Forest Green Homes

CONDO PROFILE

“O” WOW! BRANTHAVEN’S OAKVILLAGE OPENS TO GREAT SUCCESS! Branthaven sales soar at Oakville’s fastest-selling new home community

ranthaven Homes recently celebrated the official launch of Oakvillage, another master-planned community of its award-winning lifestyle townhomes. Everyone who attended enjoyed Branthaven’s hospitality and were wowed by the array of two- and three-storey townhomes offered at Oakvillage, a destination, new home neighbourhood located at Trafalgar Road and Dundas Street East, in the heart of Oakville’s burgeoning new Uptown neighbourhood. Over 150 smart and stylish towns were swiftly sold in the last weeks at the Preview and Grand Opening events. Eager new-home buyers from the

West GTA were drawn to the overall vision of the community and to the many two- and three-story innovative townhome designs at Branthaven’s Oakvillage. “My boyfriend and I purchased The Taplow model. We love the spacious layout of this backto-back and the many added features that come with owning a Branthaven,” says Marissa, a proud new owner of a Branthaven Oakvillage home. “We are a two-vehicle couple and need more room than our current condo offers. We not only feel secure with the sound investment of a Branthaven, but we’ll soon have a convenient garage and a driveway of our own.” “It was great to see so many young professionals and young families who love the location, the community and the lifestyle benefits that Oakvillage offers. They really want to be part of it,” says Steve MAY 9 - 23, 2015 NEW CONDO GUIDE 113

Branthaven Homes recently celebrated the official launch of Oakvillage, another master-planned community of its award-winning lifestyle townhomes Stipsits, president of Branthaven Homes. “Our buyers were also design savvy and sophisticated. They appreciated the high style and built-in value that our Fresh Thinking bonus package provides. There’s no need for costly upgrades when everything they want in a brand new home is delivered – all in. That really seems to resonate.” Kristen Bellamy, Branthaven’s marketing and brand manager, also reports that “buyers did their homework online prior to the opening. They came in knowing they liked the traditional Oakville cachet of upgraded brick elevations and loved the contemporary, open-concept floor plans. While visiting our stunning presentation centre during the grand opening, they could see and touch our showcase of signature features and finishes, which really helped them to differentiate what Branthaven offers over and above other home builders.” Branthaven Homes is renowned for its floor plans. They are not only more modern and more functional; they are more design-conscious. At Oakvillage, buyers have a choice of two- or three-storey plans and a variety of bedroom/den combinations. Adding even more value and distinctive interior appeal are Branthaven’s coveted, built-in Fresh Thinking features – the latest designer trends, from counters to cabinets, tiles to taps, and more. Kitchens are loaded with smart 114 NEW CONDO GUIDE MAY 9 - 23, 2015

extras including pantries, enhanced storage, under-cabinet iPad mounts and customizable peg organizer drawers. Bathrooms boast spa-style trimmings – deep soaker tubs with square edges, floating vanities, sleek shower shelves and cultured marble counters. “Visitors dare to compare Branthaven’s outstanding features and high-quality craftsmanship, and soon discover that Branthaven’s Oakvillage Townhomes are unmatched in the market,” adds Bellamy. Oakvillage’s location is a real draw for anyone looking to be close to neighbouring amenities, quality schools, nature trails and convenient highway access. The new Oakville hospital and great family-friendly community centres and sports complexes are near by. Oakvillage will also be surrounded by scenic woodlands, with access to 300 kilometres of multi-purpose trails and is mere moments from everything that enhances quality of life. The Oakvillage grand opening continues, so there’s still time to “Live the Life” at Branthaven’s Oakvillage.

Prices at Oakvillage are from the mid-$400’s. The presentation centre is located at 351 Dundas St. E. in Oakville, and is open Monday to Thursday from 1 to 8 p.m.; and Saturday to Sunday from 11 a.m. to 6 p.m. Please visit branthaven.com/oakvillage or call 289.725.7777 for more information.

L PECIIA ALFER! S SPUESCO F R! ON S OUFPFTOE B E BONU CEIV P TO

0 0 0 0 , 0 5 1 0 , $ 5 1 K C $CAASSHH BBAACK!!** RECEIVE U RE

HAVE YOU DISCOVERED

MAIN STREET STOUFFVILLE? JUST MINUTES NORTH OF MARKHAM JUST MINUTES NORTH OF MARKHAM

BLOOMINGTON BLOOMINGTON WOODS WOODS

MAIN MAIN STREET STREET DOWNT DOWNT WN WN STOUFFVILLE STOUFFVILLE

• • • • • •

Ninth Ninth Line Line

404 CONDOMINIUM 404 CONDOMINIUM LIVING LIVING

Lak e

shore Rd Steps toLakthe ville GO Station esho Stouff re Rd StepsBLOOMINGTON to the Stouffville GO Station WOODS SITE BLOOMINGTON Minutes to Highways 48, 404 and 407 WOODS SITE Minutes to Highways 48, 404 and 407 Bloomington Rd Bloomington Rd EnjoyMajor theMackenzie fabulous amenities of Main Street including Dr EnjoyMajor theMackenzie fabulous amenities of Main Street including Dr local bistros, 407 unique boutiques, neighbourhood pubs local bistros, unique boutiques, neighbourhood pubs 407 and cafes, outdoor festivals, farmers’ markets, parks and cafes, outdoor festivals, farmers’ markets, parks and recreation — all at your door and recreation — all at your door HWY HWY 4848

BOUTIQUE BOUTIQUE

Aurora Rd Aurora Rd SALES CENTRE SALES CENTRE

Major Mackenzie Dr 407 407

PACE ON MAIN PACE SALES ON MAIN CENTRE SALES CENTRE

SITE SITE

Burkholder St Burkholder St

OBrien OBrien Ave Ave

LLoyd LLoyd St St

404 404

Main St Main St Blake Blake St St

Sat & Sun: 12pm – 5pm Friday Closed Friday Closed Sales Centre: 6212 Main Street, Stouffville Major Mackenzie Dr Sales Centre: 6212 Main Street, Stouffville Hwy. Hwy. 4848

Main St – Main 6pmSt/

9th9th Line Line

905-591-1071 | PaceOnMain.com 905-591-1071 | PaceOnMain.com 1 – 6pm / Sat & Sun: 12pm – 5pm

Mon to Rd Thurs: Stouffville Mon to Rd Thurs: Stouffville 404 404

Stouffville Rd Stouffville Rd 9th9th Line Line

Bakerhill Bakerhill Blvd. Blvd.

Millard St Millard St

Freel Freel Ln Ln

1, 2 & 3 BEDROOM | 650 TOPACE 1,517 SQ. | FROM $329,900 (Includes One Parking Space) CARDINAL POINT SUITES ONFT. MAIN 1, 2 & 3 BEDROOM 1,517 SQ. | FROM $329,900 (Includes One Parking Space) CARDINAL POINT SUITES | 650 TOPACE ONFT. MAIN

STOUFFVILLE STOUFFVILLE

Major Mackenzie Dr Major Mackenzie Dr 407 407

*2% of purchase price applied as a credit adjustment on closing. Offer valid on suites at Pace on Main Condominiums for a limited time only and is non-transferable. Speak *2% of purchase price appliedforasmore a credit adjustment on closing. Offer valid on suites Pace without on Mainnotice. Condominiums limitedconcept. time onlyE.&O.E. and is non-transferable. Speak with a Geranium Homes Salesperson details. Prices and specifications are subject to at change Renderingforisaartist’s Broker’s protected. May 1, 2015. with a Geranium Homes Salesperson for more details. Prices and specifications are subject to change without notice. Rendering is artist’s concept. E.&O.E. Broker’s protected. May 1, 2015.

CONDO PROFILE

LIVE, SHOP, PLAY ON MAIN STREET STOUFFVILLE

Pace on Main boutique condo

hen you live at Pace on Main condos, you won’t have to venture far along Main Street to experience the vibrant heart of downtown Stouffville. Like many smaller towns within striking distance of Toronto’s core, Stouffville has undergone significant change and growth over the past decades, yet it still retains its intimate village character people find so appealing. Residents love to ‘shop local’ where you’ll find a hardware store, pharmacy and walk-in clinic, florists, gift shops and jewelers, alongside The Meat Merchant, Reid’s Antiques and banks. There’s also a complete range

116 NEW CONDO GUIDE MAY 9 - 23, 2015

of dining experiences, from snacks to full-course menus, just steps from Pace on Main. The weekly Farmers’ Market runs every Thursday from May 7 to October 8 and features local produce. You can leave the car behind when you need to travel and stroll to Stouffville’s GO station located opposite Pace on Main. Town growth has resulted in an expansion of recreational activities

Spacious suite layouts

for Stouffville residents. A five-minute stroll from Pace on Main leads you to Memorial Park for great yearround activities like baseball, trails, a picnic area, kids’ playground, ice skating and tobogganing. Adjacent to the park is the Whitchurch-Stouffville Leisure Centre, a focal point of the community for fitness, activities, programs and home to the main library branch. Stouffville has a flourishing arts community with exhibits as well as classes and programs at Latcham Art Gallery. The Annual Art in the Park show and sale takes place in June. Lebovic Centre for Arts and Entertainment – 19 on the Park is one of the oldest and most culturally significant buildings in the downtown area, featuring a year-round calendar of performances that include professional dramatic plays, live music, comedy, TIFF screenings and classes. Now in pre-construction sales, Pace on Main by Geranium Homes is the perfect location to take advantage of all the downtown has to offer. Within its modest five storeys, large one-bedroom to spacious three-bedroom layouts ranging from 650 to 1,571 sq. ft. are available. Suites will have quality interior finishes including granite kitchen counters, full-sized stainless steel-finish appliances and balcony. Prices include one underground parking space, starting from $329,900. Ask about Geranium’s new deposit structure. For 38 years, Geranium has taken numerous masterplanned communities from conception to completion, creating neighbourhoods with families in mind and

Stouffville’s vibrant downtown

establishing a solid reputation for quality design and construction. Geranium was proud to receive the industry’s 2014 Places to Grow Community of the Year Award, and in 2012, the Home Builder of The Year and Canadian Home Builder Association’s Grand Sam awards.

The Pace on Main sales centre featuring a model kitchen vignette is at 6212 Main St. (on the north side, just east of the GO station) in Stouffville. Call 905.591.1071 or visit paceonmain.com MAY 9 - 23, 2015 NEW CONDO GUIDE 117

Whether youâ&#x20AC;&#x2122;re renting or buying, finding your next home has never been so easy.

118 NEW CONDO GUIDE MAY 9 - 23, 2015

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.

MAY 9 - 23, 2015 NEW CONDO GUIDE 119

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120

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Key Maps

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d W al

Bolton

21 22

Sid er

25 th

oa d

Sid

er oa d

Builder

AMACON

Block Nine

905-273-9333

•

20L

Empire Communities

Senses Condominiums

905-845-7246

•

from $230,000

6-7

17Q

34 Pinnacle International

Pinnacle Uptown, Crystal

905-568-9000

•

from $250,000

19K

47 The Daniels Corporation

Daniels Erin Mills

905-306-6996

•

from $250,000

17M

Vandyk Communities

The Craftsman

from $310,000

21N

Windcatcher Development Corporation

Atwater Condos

905-271-5038

•

from $280,000

24L

Castleridge Homes

The Clairington

905-793-0002

•

from $230,000

16E

Pinnacle International

The Marquee Townhomes on the Park

905-568-9000

•

from $700,000

20K

Conservatory Group

Mirage

905-232-2400

•

from $270,000

20K

Forest Green Homes

Ville Condominiums

from $220,000

16L

Great Gulf

HOT

905-828-4257

•

from $330,000

16M

Fernbrook Homes

Absolute World

416-869-6057

•

from $188,000

21k

Cityzen

Absolute World

416-869-6057

from $188,000

21K

10 AMACON

The Residences at Parkside Village

905-273-9333

•

21K

12 Alterra Homes

Renaissance in Olde Brampton

416-710-1010

•

from $490,000

13H

14 Pemberton Group

Rosedale Village Golf & Country Club

905-799-5000

•

from $346,000

13F

15 ADI Development Group

Link2 Condos+Lofts

905-592-2028

•

from $195,000

16 Vandyk Communities

Windows on the Green

905-822-3333

from $300,000

19N

17 Pemberton Group

Downtown Erin Mills Condominiums

905-630-6300

•

from $300,000

18M

18 Retirement Lifestyle Communities

Palisades on the Glen

905-820-8210

•

from $290,000

18N

20 Carriage Gate Homes

The Berkley Downtown Burlington theberkeleycondo.com

•

21 Casino Bay Dev. Corp./Toddglen

Panoramic Point at Brewery Bay

1-866-611-5525

•

from $264,000

27 Inzola Group

Park Place

905-451-7001

•

from $310,000

14H

30 Pinnacle International

Pinnacle Grand Park 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

Site

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

Telephone

TH* C*

craftsmancondos.com

villecondos.ca

•

Price Range

Page

Finder

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

121

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

East

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7 407

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Leslie St

122

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400

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21 22

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D enison St

Price Range

Page

Finder

13 Liberty Development Corp.

Legacy Park

905-731-8302

•

from $265,000

10g

32 Liberty Development Corp.

Royal Gardens

905-889-9997

•

from $303,000

15F

43 Guizzetti Developments

Grand Palace

905-907-4370

•

119

12E

44 Liberty Development Corp.

Centro Square Condos 2

905-851-8877

•

from $289,000

•

from $400,000

16D 22D

Monarch Corporation

Garden Court

416-495-3595

Flato Development

Arthouse Condos

905-554-8722

from $200,000

Tribute Communities

Varley

905-604-1477

•

from $520,000

19F

Tridel Corporation

Renaissance of Richmond Hill

416-736-9500

•

from $740,000

14E

Lindvest

Grand Cornell Brownstones in Markham

905-294-6161

from $340,000

23F

Armour Heights Developments

The Sorrento

289-637-1777

•

from $390,000

13B

MintoUrban Communities Inc.

•

from $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

12 Greenpark Homes

UV2

905-554-6501

•

from $253,000

22F

14 Remington Group

The Signature Condominium

905-948-9900

•

from $300,000

18F

14 Remington Group

Model Suite of the Month

905-948-9900

•

from $300,000

18F

20 Solmar Development Corp

Bellaria Residences

905-417-8482

•

from $240,000

22 Quadra Mgt. & Sceptre Devs.

Renaissance Court at Woodbridge Gates

905-851-4220

•

from $505,000

22 Wycliffe Homes

Fairground Lofts

905-605-5900

•

from $340,000

24 Liberty Development Corp.

The Fountains

905-731-8302

•

from $272,000

10F

26 Rice Development

Ambria

905-796-3630

•

from $340,000

28 Chestnut Hill Homes

San Francisco by the Bay

905-831-3631

•

from $200,000

22C

31 Pemberton Group

Sky City

905-709-5700

•

from $320,000

12F

31 Pemberton Group

Sky City 2

905-709-5700

•

from $320,000

12F

32 Signature Communities

TAO Boutique Condos

905-597-2535

•

from $200,000

15F

33 Pemberton Group

Miracle at Yonge

905-709-5700

•

from $280,000

12F

34 Sierra Homes

68 Main Street

905-305-0822

•

from $250,000

21E

40 Nova Trimax

Allegra

905-850-6866

•

from $250,000

41 Quadcam Development Group Inc

Vista Parc Condominiums

905-850-8883

•

from $260,000

45 Kylemore Communities

The 6th Angus Glen

905-887-9950

•

19E

46 Empire Communities

The Mark

905-554-5015

•

22E

*TH: Townhomes, C: Condo

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

•

from $250,000

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

IN THE NEWS

Building industry celebrates quality and excellence AT 35TH ANNUAL BILD AWARDS Photos by Rodney Daw Photography

HOME BUILDER OF THE YEAR Mattamy Homes

ore than 1,100 members of the Building Industry and Land Development Association (BILD) gathered to celebrate the industry’s best on

April 24.

The 35th annual BILD Awards recognize the GTA’s best new-home communities, builders, developers, and sales and marketing professionals in 36 unique categories. This year’s competition saw close to 1,000 submissions, which were evaluated by a panel of international judges. Mattamy Homes took home the evening’s biggest award – Home Builder of the Year – for the second year in a row. This is the sixth time that Mattamy has received this award. The Home Builder of the Year award recognizes the builder who sets the standard for the rest of the industry by their leadership in improving the overall image of building and development in the GTA. Each nominee is required to submit a list of 75 recent

home occupants who are asked to submit a customer satisfaction survey – a key component in this category’s judging process. “The continued satisfaction of Mattamy’s home purchasers is a true testament to the quality of the communities they create across the GTA,” says BILD president and CEO Bryan Tuckey. The Green Builder of the Year, High-Rise award was presented to Tridel for the sixth time in nine years. The company delivered almost 2,000 Green condominium homes in 2014, and currently has an additional 3,200 under construction. Tridel’s sites now divert 85 to 90 per cent of construction waste from landfills to recycling facilities. On the lowrise side, the Green Builder of the Year title was awarded to Sean. The builder’s commitment to sustainability starts with the marketing campaign, which featured only digital brochures and floor plans to minimize paper. Manuals for contractors and MAY 9 - 23, 2015 NEW CONDO GUIDE 123

homeowners were also provided to help educate them on lowimpact development infrastructure and how to maximize usage of the homes’ energy-efficiency through proper maintenance. YC Condos, a condominium development in downtown Toronto by Canderel Residential Inc., was selected High-Rise Project of the Year. Meanwhile Mattamy Homes won the Project of the Year award in the low-rise category for The Preserve in Oakville. The People’s Choice Award was presented to The Academy by LeMine Investment Group and Devron Developments. The award saw industry professionals and the general public vote for their favourite entry among Project of the Year finalists from highrise and lowrise categories. More than 85,000 votes were recorded. In a special presentation, Colin J. Parsons was honoured with the prestigious Lifetime Achievement Award. The award is the Association’s highest honour, recognizing and celebrating excellence within the building and development industry. Parsons served as the Association’s president 35 years ago, in 1978. “Congratulations to all the winners on their tremendous achievement tonight,” says Tuckey. “I’m proud to see so many quality projects on display tonight. It really confirms what I’ve been saying for years – the new-homes industry in the GTA is among the best in the world.” With more than 1,450 members, BILD, formed through the merger of the Greater Toronto Home Builders’ Association and Urban Development Institute/Ontario, is the voice of the land development, home building and professional renovation industry in the GTA. BILD is proudly affiliated with the Ontario and Canadian Home Builders’ Associations. 124 NEW CONDO GUIDE MAY 9 - 23, 2015

GREEN BUILDER OF THE YEAR – HighRise Tridel Corporation

P2G COMMUNITY OF THE YEAR – HighRise Tridel Corporation, Aquavista at Bayside – Brandon Communications, Drive Agency, Kirkor Architects & Planners

PEOPLE’S CHOICE AWARD LeMine Investment Group & Devron Developments, The Academy – Kirkor Architects & Planners, McOuat Partnership, Milbourne Real Estate, UNION 31

PROJECT OF THE YEAR – HighRise Canderel Residential Inc., YC Condos – Yonge at College – Brandon Communications, Burdifilek Interior Design, G. Ryan Design, Graziani + Corazza Architects

BEST HIGHRISE BUILDING DESIGN Urban Capital Property Group, RC3

RILEY BRETHOUR AWARD Michael Rosset, Homes Publishing Group

LIFETIME ACHIEVEMENT AWARD Colin Parsons

STEPHEN DUPUIS COMMUNITY BUILDING AWARD Enza Tiberi-Checchia, Decorenza and Benny Carigni, Sunbrite Drapery

BEST PUBLIC RELATIONS CAMPAIGN Curated Properties, Lanehouse on Bartlett – Kim Graham & Associates

MAY 9 - 23, 2015 NEW CONDO GUIDE 125

BEST PRINT AD – HighRise Lifetime Developments & BLVD Developments, Corporate – Gladstone Media Inc.

BEST BROCHURE – HighRise Concert Properties Ltd., The Kip District: One – 52 Pick-Up Inc.

BEST PROJECT LOGO – HighRise Centrecourt Developments Inc., Core – L.A. Inc.

BEST PROJECT SIGNAGE – HighRise Minto Communities, Minto Westside – Montana Steele Strategic Marketing

BEST DIRECT MAIL – HighRise Chestnut Hill Homes, Lotus – Montana Steele Strategic Marketing

BEST E-MAIL MARKETING PIECE – HighRise Tridel Corporation, Corporate – The Brand Factory

126 NEW CONDO GUIDE MAY 9 - 23, 2015

BEST PROJECT RENDERING – HighRise Sorbara Group of Companies, Beacon Condominiums – UNION31, The Walsh Group, ZeroFractal Studio

BEST VIDEO – HighRise Concert Properties Ltd., The Kip District: One – 51 Pick-Up Inc., ZeroFractal Studio

BEST SOCIAL MEDIA CAMPAIGN – HighRise Lifetime Developments & BLVD Developments, The Bond – Gladstone Media Inc.

BEST WEBSITE – HighRise Streetcar, Developments Inc., Corporate – 52 Pick-Up Inc.

BEST HIGHRISE SALES OFFICE Minto Communities, Minto Westside – Burdifilek, Montana Steele Strategic Marketing

BEST SALESPERSON OR TEAM – HighRise Tridel Corporation, Alter

MAY 9 - 23, 2015 NEW CONDO GUIDE 127

BEST NEW HOME DESIGN – Semi or Townhome under 1,500 sq. ft. Icon Homes, Royal York, “The Majesty” – Guthrie Muskovitch Architects, Gordanna Car Interior Design, Montana Steele Strategic Marketing

BEST NEW HOME DESIGN – Semi or Townhome over 1,500 sq. ft. Pemberton Group, The Urban Townhome Collection, “Victoria” – UNION31

BEST SUITE DESIGN – Under 750 sq. ft. TAS, Kingston&Co Condominiums, “1B/K9” – Paul Johnston unique urban homes

BEST SUITE DESIGN – 750-1,500 sq. ft. Tridel Corporation, Aquavista at Bayside, “S7” – Kirkor Architects & Planners

BEST SUITE DESIGN – Over 1,500 sq. ft. Residences at the Hunt Club, “Suite 8-02” – onespace unlimited inc.

BEST MODEL SUITE Tridel, 300 Front Street West – Stella Salvador, principal designer at Tridel, Tridel International Design Team

128 NEW CONDO GUIDE MAY 9 - 23, 2015

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

MAY 9 - 23, 2015 NEW CONDO GUIDE 129

HOMEBUYERS’ HELP

Calculate your mortgage payments interest rate

amortization period

chart figure

mortgage amount ÷ 1,000

monthly payment

EXAMPLE: 5%

25 YEARS

5.82

125 (MORTGAGE AMOUNT $125,000)

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

130 NEW CONDO GUIDE MAY 9 - 23, 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 MAY 9 - 23, 2015 NEW CONDO GUIDE 131

Ontario’s best source of real estate information to

buy, rent, sell or renovate May 2 - 16, 2015 Volume 23 Issue 09

May 9 - 23, 2015 Volume 19 Issue 10

Apr 25 - May 9, 2015 Volume 18 Issue 08

May 2 - May 16, 2015 Volume 15 Issue 09

Eastern Ontario Edition

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BUYING FROM A HOME BUILDER YOU CAN TRUST

THE APPEAL OF THE TORONTO HOME MARKET

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SWO BUILDERS EXCEL AT TARION AWARDS

WHAT’S IN A NEW HOME WARRANTY?

MORTGAGE INSURANCE PREMIUMS ON THE RISE

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

MOLLY MAID

LAUNDRY ROOM

MAKEOVER TIPS

TARION NAMES WINNERS OF AWARDS OF EXCELLENCE

2015-04-23 2:24 PM 2015-04-27 2:51 PM

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

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THE NEW YEAR

Your guide on where and what to buy

ARS

今年春季入住

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WHAT TO CONSIDER BEFORE GETTING YOUR FIRST MORTGAGE

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WITH INSPIRING IDEAS AND THE LATEST OUTDOOR TRENDS!

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GET YOUR HOME SPOTLESS WITH ADVICE FROM

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INTEREST RATES TO REMAIN LOW FOR FORESEEABLE FUTURE

2015 HOME DECOR & RENOVATIONS

四月十八日至五月十六日 / Apr 18 - May 16, 2015 Volume 4 Issue 3

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INSIDE THIS ISSUE

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2015 Home Builders’ Annual

HIGHLIGHTING THE

top builders & condo communities

4/14/15 11:37 AM

Highlighting the top builders and developers across the GTA

across the GTA

HIGHLIGHTING THE TOP

HIGHLIGHTING THE top builders & new-home communities

EXPERT ADVICE Top tips to guide you through the homebuying process

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

builders & developers

in Ottawa

across SWO

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

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.

And coming soon, exciting new communities like Cornell in Markham, Heron Park in Scarborough, Richmond Green in Richmond Hill, and Seaton in Pickering. 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:

Location, lifestyle, costs & your new condo

EXPERT ADVICE Top tips to guide you through the homebuying process

Why pre-construction Taunton Taunton condo investments pay off

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EXPERT ADVICE Top tips to guide you through the homebuying process

THE ALLURE OF LUXURY CONDO LIVING

BEYOND MORTGAGE RATES How accelerated payments can save you thousands

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2015 MODEL SUITE CALENDAR

2015 MODEL HOME CALENDAR

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

2015 MODEL HOME CALENDAR

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

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

SILVERGATE HOMES

PEMBERTON GROUP PRIMONT HOMES

The Urban Townhome Collection, Toronto 01-CGGTA CoverModel 2015 FINAL.indd The Victoria Home, 1 2,628 sq.ft. + 622 sq.ft. Terrace

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12/1/14 10:59 AM

HOMEBUYERS’ HELP

Compare mortgage rates for your best deal CHARTERED BANKS ATB Financial Alterna Svgs/Alterna Bk

Variable 2.35 2.45

6 Months

1 Year

2 years

3 years

4 years

5 years

2.94

2.64

2.54

2.69

2.74

4.00op 2.85

4.00op 2.39

2.94

2.68

6.30op 2.84

3.39

3.89

2.79

Bank of Montreal

2.85

6.30op 2.89

Bank of Nova Scotia

2.85

4.55

6.30op 3.29

6.30op 3.09

3.39

3.89

4.49

6.45op 3.14

6.50op 3.04

3.65

4.2

4.74

6.45op 2.99 2.89

6.30op 2.79 2.29

2.49 3.55

2.89 2.69

2.69 4.79

6.70op 3

6.35op 2.94

2.84

2.79

2.89

3.35op 2.84

3.39

2.74

2.84

3.14

6.70op 2.29 3.04

3.49 3.65

2.73 4.39

4.44 4.64

6.30op 2.89

6.30op 2.24

3.39

3.89

2.74

3.19

6.30op 3.24

3.49

3.69

3.79

Canadian Western Bank CFF Bank CIBC

2.85

Manulife Bank

2.55

National Bank

n/a

President’s Choice Financial Royal Bank

2.5 2.85

TD Canada Trust

2.85

Tangerine

4.45 4.4

6.70op

2.85

TRUST COMPANIES Community Trust Concentra Financial

n/a n/a

6.5 5

3.14 2.89

3.25 2.59

3.95 3.39

4.39 3.89

4.64 4.64

Effort Trust

n/a

4.45

6.70op 3.35

6.30op 3.5

3.7

4.3

4.35

6.30op 2.35

Home Trust Company

2.35

3.95

6.30op 2.69

2.39

2.59

Investors Group Trust

n/a

4.2

3.14

3.09

3.75

4.39

3.29

2.85

4.55

6.50op 3.29 6.45op

6.30op 3.09 6.50op

3.39

3.89

4.49

3.01

3.1

3.33

3.65

3.13

6.2

2.89

6.25op 2.89

2.95

2.99

2.69

3.1

6.40op 2.29 2.89

6.30op 2.19 2.59

2.34 2.69

2.54 2.84

2.69 2.69

6.34op 2.89 3.14

6.34op 2.69 3.09

2.89 3.75

2.79 4.39

2.89 4.79

6.50op 2.95

6.30op 2.9

2.99

3.9

4.45

3.6 3.09

6.25op 3.95 3.09

4.35 3.55

4.84 3.29

5.14 2.69

MTCC

OTHER FINANCIAL INSTITUTIONS Airline Financial C.U. Comtech Credit Union First National Fin. LP FirstOntario C.U.

4 2.45

2.85

IC Savings London Life

n/a

Luminus Financial

2.8

4.2

MCAP Meridian Credit Union

2.35 2.65

Parama Credit Union

2.65

2.8

6.30op 2.85

2.95

3.05

3.15

2.4

2.45

2.95op 2.55

2.55

2.65

Steinbach Credit Union

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

MAY 9 - 23, 2015 NEW CONDO GUIDE 133

index of advertisers 45 Charles Ltd. - Chaz Yorkville Condos

Liberty Development Corp. - Royal Gardens

AMACON - Block Nine

Liberty Development Corp. - Terrace on Danforth

Andiel Homes Inc. - East United Toronto Condos

50-51

Liberty Development Corp. - World on Yonge

Aragon Properties - Enigma on the Park

Lifetime Developments - The Bond Condominiums

Aspen Ridge Homes - Studio on Richmond

Luxury Living - Promo

Baywood Homes - TEN93 Queen West

Madison Homes - Zigg St.Clair West

Bazis Inc. - E Condos

Malibu Investments Inc. - Smart House

Bazis Inc. - No1 Yorkville

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

50-51 22 1

Canalfa Group - Liberty Central by the Lake Two

Carttera - One Eleven Condominiums & Lofts

Castle Group Developments - Vida at Bayview Village

Citycore - Harmony Village

103

Concert Properties - The KIP District

Concord Adex - Omega On The Park

30-31

Cresford Development Corp. - 1000 Bay

136

Cresford Development Corp. - CASA 2

IBC

Menkes Developments Inc. - 365 Church

Insert

Menkes Developments Inc. - 87 Peter

Insert

Menkes Developments Inc. - Corporate

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

Metropia - E Condos Mobile App - Promo

5 87

Cresford Development Corp. - CASA III

136

Monarch Corporation - Lago

Cresford Development Corp. - Merton Yonge Condominiums

136

Monarch Corporation - Picasso on Richmond

Insert

136

Monarch Corporation - Riva del Lago

Insert

105

Monarch Corporation - Waterscapes

Insert

Cresford Development Corp. - VOX Davies Smith - Eleven Superior

Insert

Davies Smith - Hearthstone by the Bay

North Star Homes - Connexion at Islington

102

Dundee Kilmer Developments - Canary Park Condominiums

Pemberton Group - Citylights on Broadway

Eden Shaw - Chaz Yorkville Condos

Pemberton Group - TEN93 Queen West

ELAD Canada - Dreamtower At Emerald City

Phantom Developments - Tea Garden Condos

ELAD Canada - The Colours of Emerald City

9 97

Pinnacle International - Pinnacle Uptown

Empire Communities - Senses Condominiums

6-7

Plaza - Corporate

Family of magazines - Promo

132

Queenscorp Residences - Watermark

Fieldgate Homes - Zigg St.Clair West

Rio Can - E Condos

Freed - Art Shoppe Condos

Signature Communities - East United Toronto Condos

Gemterra - Joy Condos

Geranium Homes - Pace on Main

115

Ghods Builders Inc. - 5959 Yonge Street

Great Gulf - Monde

Great Gulf - One Bloor Residences

Great Gulf - Pace

Great Gulf - Yonge+Richmond

Guizzetti Developments - Grand Palace

119

Harhay Developments - One Eleven Condominiums & Lofts

HSBC - Corporate

Kubo Developments - Marquette Urban Towns

101

5 50-51

Solotex - Upper Beach Townes

Sorbara Group - 210 Simcoe

Sorbara Group - Beacon

Streetcar Development - The Southwood

T.D. Bank - Corporate

The Daniels Corporation - Daniels Erin Mills

The Daniels Corporation - Daniels Waterfront

The Daniels Corporation - High Park Condominiums

The Daniels Corporation - One Park Place South Tower

The Daniels Corporation - The Bartholomew Downtown East

Tribute Communities - Stanley

Lamb Development Corp. - East Fiftyfive

Lamb Development Corp. - The Harlowe

Tridel Corporation - Avani 2 At Metrogate

IFC

Lanterra Developments - Riverhouse at the Old Mill

Tridel Corporation - Islington Terrace

Lanterra Developments - Teahouse

Triumph Developments - Howard Park 2

Urban Capital - RC3

Lash Group of Companies - Model Suite of the Month

135

Lash Group of Companies - The Barrington Condominiums Flats

Urban Capital - Smart House

Liberty Development Corp. - Centro Square Condos 2

Urban Capital - The Ravine

Liberty Development Corp. - Legacy Park

YP Next Home - Promo

118

Model Photography Compliments of Lash Group.

Celebrating 60 years of building

www.lashgroup.ca

Spectacular 2 bedroom and den model suite - The Lily - at Markham & Ellesmere in Scarborough

MAY2015

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

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

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. May 2015.

Now opeN Kennedy and Hwy 401 in Scarborough Starting from the low $200â&#x20AC;&#x2122;s* Visit the Presentation Centre 52 Village Green Square, Scarborough 416.293.5535

tridel.com

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

tridel.com