GTA New Condo Guide - Jun 20, 2015 by NextHome

June 20 - July 4, 2015 Volume 19 Issue 13

INSIDE THIS ISSUE

VIEW LOCATION FROM A NEW PERSPECTIVE

DOES IT PAY TO PURCHASE ON A HIGHER FLOOR?

PEDESTRIANS DRIVING THE CAR-FREE CONDO TREND

Built to make a statement. GRAND OPENING

tridel.com

SALES CENTRE GRAND OPENING

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.

VISIT US TODAY SALES CENTRE: 1499 YONGE ST. (N OF ST. CLAIR)

BLUEDIAMONDCONDOS.CA | 416-925-2501 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

EDITORS’ NOTE

SHOPPING FOR A CONDO BUILDER

SUSAN LEGGE Editor-in-chief

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

You’ve decided that a new condo is the way to go and you’re making headway, but you still have another big decision to make – choosing your home builder. It pays to check the reputation of the builder/ developer before you sign on the dotted line. Start by finding out how long the company has been in business. Ask a sales representative or visit the company’s website. Next, find out if previous purchasers are happy with their homes. Drive around an existing community built by the company and talk to anyone you run into during your tour. Naturally, you should spend some time visiting several different sales offices and model suites. Get a feel for each company and the staff employed there. Ask a lot of questions and expect to be treated with consideration and respect. No question is too “dumb.” Think twice about any development where the salespeople push you to make a decision you’re not ready for, or where they are not happy to provide you with the information you request. There are many other builders and salespeople out there who pride themselves on putting the customer first. When you do find the right home and the right builder, making that big decision will be a whole lot easier and more enjoyable.

WHY BUY? LOTS OF REASONS.

LYDIA MCNUTT Editor

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

2 NEW CONDO GUIDE JUN 20 - JUL 4, 2015

Of the 620,000 homes sold annually in Canada, almost half of them (45 per cent) are bought by first-time homebuyers, according to a report by the Canadian Association of Accredited Mortgage Professionals (CAAMP). This speaks to Canadians’ keen interest in getting into the housing market and the value of real estate – financial, as well as the pride of ownership. There’s no doubt that owning a home is one of life’s most rewarding experiences, emotionally and financially speaking. At the same time, it can also be taxing in both respects. But as they say, nothing worth having comes easy. In its consumer survey, CAAMP asked first-time homebuyers why they purchased their property. Fifty-one per cent said it was to stop renting. Other reasons cited include a change in lifestyle or improved financial circumstances, for pride of ownership, and to build financial security. Real estate happens to be one of life’s necessities that actually pays off in the long run. While no one can guarantee what the value of your home will be in 20 years, ask your parents what they paid for their place and compare that to current market values. Odds are that you’ll be pleasantly surprised. And what other investment vehicle out there allows you to purchase and use something, then sell it for a profit, and not have to pay any tax on that earned income? This, in a nutshell, is what happens when you sell your principal residence. Home ownership is a way of forced savings, and that equity is how many Canadians can afford to move up into their million-dollar dream home, or head to the sunny south to enjoy a worry-free retirement. Buy now, while mortgage lending rates are still low, and the pickings are plentiful.

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

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

MORTGAGE ADVICE

Alyssa Richard

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.

4 NEW CONDO GUIDE JUN 20 - JUL 4, 2015

FUNDAMENTALLY SPEAKING

Wayne Karl

Wayne Karl is an awardwinning writer and editor with experience in real estate and business. In Fundamentally Speaking, Wayne explores the basics of buying property. Email Wayne.Karl@ypnexthome.ca or follow him on Twitter at Twitter.com/WayneKarl

HOMEBUYERS’ HELP

Kara Kuryllowicz

Kara Kuryllowicz is a Toronto-based freelance business writer with a long-term interest in real estate, as both a homeowner and a landlord with investment properties. She loves living in Toronto’s Riverdale area as well as on an island in Pointe au Baril.

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.

PRESENTING THE CONNECTED COLLECTION AT THE BOND CONDOMINIUMS

BOND WITH TORONTO’S MOST THRIVING NEIGHBOURHOOD AND CONNECT TO COMMUNIT Y, CULTURE, CONVENIENCE, AND AN ADDRESS THAT’S PLUGGED INTO EVERY THING.

TWO ADDITIONAL FLOORS AND A LIMITED NUMBER OF NEWLY RELEASED UNITS ARE COMING SOON.

R E G I S T E R T O D AY F O R P R I O R I T Y A C C E S S , I N C E N T I V E O P P O R T U N I T I E S A N D S P E C I A L O F F E R S !

*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.

OWN A PIECE OF TORONTO’S WATERFRONT Eau Du Soleil boasts forever views, luxurious suite designs and incredible amenities including a spectacular infinity terrace, fitness centre, indoor pool and much more. Come witness it for yourself!

Groundbreaking Incentives: 3 Years of Free Maintenance* OR $25,000 in Décor Dollars* Waterfront Living from the mid $300’s* Visit the Presentation Gallery and Model Suites at 2183 Lake Shore Blvd. West (off Marine Parade Dr.)

Mon-Fri: 12pm-6pm Sat, Sun and Holidays: 12pm-5pm eaudusoleilcondos.com | 416.503.3328

*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.

JUN 20 - JUL 4, 2015 NEW CONDO GUIDE 7

INTRODUCING THE

SOUTH TOWER AT CITYLIGHTS

REGISTER NOW FOR THE EXCITING SECOND TOWER WITH NEW SUITE DESIGNS, AT YONGE & EGLINTON FROM $199,990 Following the spectacular success of CityLights’ North Tower we are now introducing the South Tower with gorgeous panoramic views, magnificent amenities and modern urban suites, just steps to all the excitement and energy of the neighbourhood.

CityLightsCondos.ca • 416.546.6605 Exclusive Listing Brokerages: Circle M Realty Corporation, Brokerage 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 JUN 20 - JUL 4, 2015

LUXE SUITE LIVING/DINING ROOM AT TEN93 QUEEN WEST

LAST CHANCE AT PRE CONSTRUCTION PRICING! NEW RELEASE OF SUITES + LIMITED TIME SAVINGS * SAVINGS UP TO $20,000* FREE LOCKER, FREE BUILT IN APPLIANCES, FREE ROGERS PACKAGE FOR 6 MONTHS

CONDOMINIUMS AT QUEEN WEST & DOVERCOURT FROM THE $280’S Live the life you love at the heart of everything Queen West. Discover a superb collection of 1 Bed, 1 Bed + Den, 2 Bed, 2 Bed + Den, 3 Bed and 2–Storey suites, plus an exciting array of lifestyle amenities. Visit the Presentation Gallery today. PRESENTATION GALLERY: 1093 QUEEN ST. WEST MON-THURS: 12-7PM, FRI: CLOSED, SAT & SUN: 12-6PM

PEMBERTONGROUP.COM 416.546.6355

it’s all about you®

*Limited time offer. *See a Sales Representative for full details. Exclusive Listing Brokerage, Circle M Realty Corporation, Brokerage. Brokers Protected. Prices and specifications are subject to change without notice. Illustrations are Artist’s concept. E. & O.E.

BILD REPORT

Building communities – where you live, work and play By Bryan Tuckey

e all want to be part of – and live, work and play in – our communities. And we want those communities to be complete, not only with physical buildings but parks, shops, greenspaces and places to enjoy. BILD represents the industry that plans, engineers, designs and builds these communities, and we have developed a new series of columns called Building Communities. These will explore building communities where people want to live, and will look at communities where people work and play. BILD members, new-home owners, business owners and our government partners share their stories in these pieces, and you’ll likely recognize some of the people and places. They speak to what it takes to build communities by master-planning, integrating into existing neighbourhoods, thinking about what businesses are needed, and how to bring parks and recreation centres to new and established areas. Today, there is a challenge in the GTA of find lowrise housing, such as a single-family, semi-detached or townhomes, due to the low supply of shovelready communities that are serviced with pipes and roads. This is a growing problem because the province forecasts that up to 100,000 additional people will move to GTA every year for the next few decades. Provincial policies encourage intensification – building up, not out – and therefore anything lowrise that is for sale, goes fast. It is also becoming more difficult for some families to afford new ground-related homes since the cost to build communities is rising steadily. We followed a family that has been renting, saving and searching for their first home. Recently, they found a new home to suit their needs in Aurora Trails,

10 NEW CONDO GUIDE JUN 20 - JUL 4, 2015

a master-planned community being built by four of our builder members in Aurora. They were drawn to this community as a place to live and raise a family. Since planning and building a community from scratch is only part of the story, another example is living in the heart of a city – like at The Berczy in Toronto’s St. Lawrence Market. This mixed-use midrise building had to integrate into an established neighbourhood and complement the heritage aspect of its neighbouring buildings. As well, the developer Concert Properties wanted to put retail space at street level, so the company brought in businesses that benefit the community as a whole. We hope you enjoy the series and learn about the complex and interesting world our industry lives in when they build new communities across the GTA.

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

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

ONLY 3 SUITES REMAIN! 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

KITCHEN

CLOSET

13’-2”

CLOSET

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

BLOOR STREET WEST

JANE STREET

SITE

RD. ILL DM OL OLD MILL INN

OLD MILL DRIVE

BLOOR STREET WEST

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

416.766.7343 www.riverhousecondos.ca

11 NEW CONDO GUIDE JUN 20 - JUL 4, 2015

*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.

CONTENTS

JUNE 20 – JULY 4, 2015

VOLUME 19

ISSUE 13

COVER STORY

Developments 20 Lanterra presents premium downtown living in the heart of the Bay Wellesley Yonge District

COLUMNS / NEWS / FEATURES 2

Editor’s Note

Contributors

10 BILD Report Building communities – where you live, work and play by Bryan Tuckey

16 In The News Monarch breaks ground at Riva del Lago 18 Condo Pro View location from a different perspective by Barbara Lawlor

24 In The News Great Gulf steps up as Canada’s top fundraising team in support of prostate cancer

44 In The News Everyone’s included thanks to Emma: Amenities are extra special at River City 3

32 Stat Chat No regrets for ﬁrst-time homebuyers

46 In The News GTA housing starts hit a two-year high, condos leading the way

by Ben Myers

34 Legally Speaking Scratching the “no pets” policy by Jayson Schwarz

38 Condo Sense Pedestrians driving the car-free condo trend by Lydia McNutt

12 NEW CONDO GUIDE JUN 20 - JUL 4, 2015

48 Investor Advice A view at a cost: Does buying on a higher ﬂoor pay off ? by Andrew la Fleur

50 Fundamentally Speaking Looking for the next Muskoka? Read – and drive – on by Wayne Karl

54 Mortgage Advice Mortgage affordability in Toronto by Alyssa Richard

60 Designer Advice Toe-kicks: Kick it up a notch! by Yanic Simard

66 In The News Oil slump both good and a potential risk for Ontario by Wayne Karl

68 In The News Ground-breaking marks major milestone at The Colours of Emerald City 72 Finance Canadians looking to lock in a long-term mortgage

76 Homebuyers’ Help Expose the phantom offers, ease the bidding wars by Kara Kuryllowicz

80 Neighbourhood Profile Welcome to Liberty Village! by Elisa Krovblit

94 In The News Toronto the top economy in Canada this year by Wayne Karl

106 Condo Watch 905 Previews, new releases and grand openings in the 905

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

108 In The News Vandyk’s Craftsman condo officially breaks ground

90 Profile Through the looking glass at Bloor and Islington

113 Condo Buyers’ Resource Section

92 Style File Mistakes people make when choosing paint colour, and how to avoid them

118 Advertiser Index

by Wayne Karl

CONDO PROFILES

42 TRIDEL Aqualina at Bayside Tridel and Hines break ground at Toronto’s highly anticipated waterfront development

SWEETEST SUITES

ELAD CANADA Emerald City Model suite captures the vibrant lifestyle at Emerald City

PIANOSI DEVELOPMENT CORP. Perspective Condominiums New elegance is the feel and style of Perspective Condominiums’ new two-bedroom model suite JUN 20 - JUL 4, 2015 NEW CONDO GUIDE 13

W O N

E OP

THE RAVINE COLLECTION Due to the rapid success of The Southwood – Phase One (90% sold in eight weeks!), now is your chance to be a part of Toronto’s hottest new neighbourhood – The Upper Beach. The Southwood Phase Two – The Ravine Collection, boasts unique architecture, urban lofts with contemporary finishes, large outdoor spaces, lots of in-suite storage, wide living and dining rooms, kitchen islands built for family gatherings, great amenities, and a rare opportunity to own a treetop terrace overlooking a beautiful ravine.

VISIT THE SOUTHWOOD PRESENTATION CENTRE 663 Kingston Road 416.750.7506 info@thesouthwood.com Monday – Thursday: 1pm – 7pm Saturday & Sunday: 12pm – 5pm Friday: Closed 10 MINUTES TO DOWNTOWN

TheSouthwood.com

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

MAIN ST

KINGSTON RD SOUTHWOOD DR

Two-storey ravine suites with yards or rooftop terraces from the $500s

GERRARD AVE WOODBINE AVE

Spacious ravine suites with large balconies or terraces from the $400s

DANFORTH AVE COXWELL AVE

One and two bedroom suites from the $300s

VICTORIA PARK AVE

Minutes to downtown and the water’s edge, it is the perfect location.

QUEEN ST E

LAKE ONTARIO

IN PARTNERSHIP WITH DREAM

NOW ON SALE

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

DANIELSBARTHOLOMEW.COM

416.955.0559

Finally! Everything you’ve been looking for in the heart of the city has arrived! The Bartholomew collection of condominium suites 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 award-winning, world-leading Regent Park revitalization – In the heart of it all, you can have it all. The Bartholomew Presentation Centre 500 Dundas St East • Mon/Tues/Thurs: 12-6pm Wed: 12-8pm • Sat/Sun: 12-5pm • Fri: Closed

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.

SUITES FROM THE

$300,000s

IN THE NEWS

Monarch breaks ground at Riva del Lago

onarch has officially broken ground on its latest project, Riva del Lago, located at Humber Bay Shores in Etobicoke. The ceremony marked a milestone as the first major project since Mattamy Homes Ltd. announced the purchase of Monarch earlier this year. “We are excited to celebrate this milestone and look forward to being an integral part of the revitalization of the waterfront community of Humber Bay Shores,” says Linda Robinson, vice-president of sales and marketing, highrise. Now under construction, Riva del Lago will offer a new wave of contemporary living with a five-storey podium set directly overlooking Lake Ontario and the Toronto skyline. It will be an architectural statement of the highest order, in a building spread over 16 floors, with linear wrap-around balconies that maximize on the panoramic view of Lake Ontario. The resort-style condominium has captured the attention of discerning buyers in Etobicoke. Why does the project have so many fans? For starters, there is the condo’s location on the Humber Bay waterfront, with miles of parks along the Martin Goodman Trail. From here, buyers can stroll down to the water just moments from their front door, enjoy a myriad of waterfront activities, explore the quaint cafes and shops, and participate in a number of events along the pedestrian-friendly streetscape. What’s more, the location is just minutes from the downtown core with an abundance of dining and entertaining options. The suites themselves will feel bright and airy with plenty of windows to enjoy the spectacular waterfront views that stretch along the Toronto skyline from sunrise to sunset. Monarch worked with award-winning Graziani + Corazza Architects to create comfortable, functional interiors with stand-out features like nine-ft. ceilings throughout, wide plank laminate flooring, imported porcelain tiles, contemporary style kitchens with quartz countertops, stainless steel appliances, and Energy Star-rated washers and dryers. It’s no wonder Riva del Lago is now over 70 per cent sold. A good selection of suites is still available ranging from 551 to just over 1400 sq. ft., but only if you act quickly. Purchasers can save up to $25,000 as a special move-in bonus. Occupancy is scheduled for 2016. Besides the suites, the amenities are perfect for enjoying the refined lifestyle offered at Riva del Lago. Residents have

16 NEW CONDO GUIDE JUN 20 - JUL 4, 2015

access to two professionally designed and decorated lobbies, one of which boasts two-storey views of the lake fronting directly on Marine Parade Drive, 24/7 concierge, and a designerdecorated party room complete with caterer’s kitchen and private dining room for entertaining a large crowd, or hosting an intimate dinner party. Afterwards, guests can participate in a game of pool in the billiards room, enjoy a drink on the terrace, or watch a movie in the Silver Screen theatre. The condo building is loaded with several peaceof-mind amenities for homeowners and their guests to enjoy as well. Consider taking a dip in Lago’s ‘Aqua’ indoor swimming pool, hot tub or dry saunas, followed by a workout in the ‘Pulse’ twolevel fitness studio. Visit the contemporary sales office located at 2167 Lake Shore Blvd. W. to see the striking kitchen/bath vignettes and an architectural scale model. For more information call 416.495.3544 or visit online at monarchgroup.net

Uplifting news from Monarch.

Waterscapes | Ready Now Etobicoke Waterfront Move In Now Only 4 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

Actual View from Waterscapes

Lago | Ready 2016 Etobicoke Waterfront Under Construction Up to $35,000 Move-in Bonus* Size from 424 sq.ft. from the mid $200,000’s

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

Park Lawn Rd.

GARDINER EXPRESSWAY

416-495-3544

Lake Shore Blvd. W

Sales Centre Marine Parade Dr. Lake Ontario

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. June 2015.

PRESENTATION CENTRE: 2167 Lake Shore Blvd. W. Etobicoke, ON

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

RIVA IS RISING! Now Under Construction

Hurry in for our Celebration Incentives!

Riva del Lago is now under construction! To celebrate, visit the Presentation Centre today where you can receive up to $35,000 Move-in Bonus* along with FREE parking and locker.

Waterfront Boutique Condos from the $300,000’s

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

GARDINER EXPRESSWAY Park Lawn Rd.

WE ARE NOW UNDER CONSTRUCTION

Lake Shore Blvd. W

Sales Centre Marine Parade Dr.

discover more

MonarchGroup.net *Limited time offer. Prices, specification and promotions are subject to change without notice. Renderings are artist’s concept and images are for mood and impression only. E.&O.E. June 2015.

Lake Ontario

OPEN HOUSE Wednesday 12-8PM Saturday 12-5PM

NOW

is the time to move into Toronto’s best new neighbourhood. You’ll be close to work, incredible shopping, a new park, Aquatic Centre, MLSE Athletic Grounds plus a quick walk to Leslieville, Cabbagetown, The Financial District, The Eaton Centre, The Distillery District and more!

NEVER has there been more amazing incentives to make your decision to purchase so easy!

This opportunity won’t last, call or visit today!

ONLY

416.955.0559 DANIELSONEPARKPLACE.COM

5% DOWN! Parliament St.

Berkeley St.

Gerrard St. E

Oak St. Cole St.

Sackville St.

TOUR MODEL SUITES

And no closing costs *

Move in today!

SUITES FROM THE LOW

$300,000s

BUY NOW & LOCK IN TODAY’S UNBEATABLE MORTGAGE RATES!

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

Regent St.

Arnold Ave.

Milan St.

Dundas St. E

One Park Place Presentation Centre 500 Dundas St East • Mon/Tues/Thurs: 12-6pm Wed: 12-8pm • Sat/Sun: 12-5pm • Fri: Closed

*The First Home Boost Program is only available on a limited number of suites.**Conditions apply. Parking and locker 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.

CONDO PRO

View location from a different perspective By Barbara Lawlor

ou’re on the hunt of a new condo. You want the perfect building for your lifestyle needs, and in the Toronto area, there is something for everyone. Location always tops the list in importance, and I encourage buyers to consider this factor from many ways. For example, it’s important to take your work commute into consideration in a realistic way. Too often, people look at a map, draw lines on it and measure distance as the crow flies. This is not a good idea, because you have road twists and turns, traffic lights and rush hour to contend with. The best way to determine whether your commute is reasonable from a particular building is to start out from that location during rush hour and do the drive. Then drive back to that condo after work. You may be surprised at how long – or how short – the trip is. A condominium that is farther from your workplace may, in fact, be a quicker drive, depending on its proximity to major highways or GO stations. You may, for instance, find condominiums in areas such as Richmond Hill, Mississauga or Pickering that are an easier commute to Toronto than some located right in the city. Those who commute from the 905 may also find car-pooling an attractive solution, as then can then use the highoccupancy lanes on major highways. Shift workers who commute outside of rush hour may have a completely different outlook on location. Again, do the commute during the times when you usually drive and see just how it is. There is always the viable alternative of taking public transit. For trips in and around Toronto, whether for work or pleasure, it may make a lot more sense for you to hop on the subway. It’s a great idea to consider location in other ways as well. Start from the building and walk around. And what can you do without driving or even taking public transportation? Shop? Bank? Drop off dry cleaning? Think about the places you visit often, including the homes of family members and friends. Will those trips be a breeze? Are you taking night courses? How convenient will it be to travel to your school? 18 NEW CONDO GUIDE JUN 20 - JUL 4, 2015

There are so many things in life affected by your home’s location. For empty-nesters who are approaching retirement years and downsizing, a condo that enables them to stay in the residential area they know and love can be a wonderful solution. For first-timers who do not own a car, a suite on the subway line in the hub of the city is great. And living downtown is becoming increasingly popular for families who feel that the shorter commute means more time to spend with their children. Then again, with entrepreneurship such a popular lifestyle today, there are many condo owners who work from home – and let’s face it, no commute is the best commute of all! Whatever your circumstances and preferences, a great condo location is rightly at the top of your must-have list. Be optimistic and realistic, and you will make the right choices!

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JUN 20 - JUL 4, 2015 NEW CONDO GUIDE 19

COVER STORY

Three exclusive residences offer premium downtown living IN THE HEART OF THE BAY WELLESLEY YONGE DISTRICT

LANTERRA DEVELOPMENTS, ONE OF TORONTO’S most distinguished developers who helped spearhead the redevelopment of the South Core, is back and ready to transform the city’s next great neighbourhood – The Bay Wellesley Yonge District.

11 Wellesley on the Park

20 NEW CONDO GUIDE JUN 20 - JUL 4, 2015

Conveniently located between Bay and Yonge Street, the District boasts some of the city’s best amenities and access to public transit. Recognizing the area’s untapped potential, Lanterra leveraged their unique reputation for building vibrant new communities to introduce three striking residences – The Britt, 11 Wellesley on the Park and TeaHouse Condominiums. “This is a rare opportunity that Lanterra simply couldn’t pass up,” says Mark Mandelbaum, Lanterra Developments’ chairman. “The trend towards downtown living shows no sign of slowing and these three projects give potential purchasers a chance to own their own slice of paradise in the heart of the city.” Creating more than 2,000 suites combined, these three projects dominate the thriving new community that offers residents the best in shopping, dining and transit. Travel along Yonge Street for an abundance of entertainment options, or head over to the Financial District along Bay Street, where you’ll find plenty of office space. For unparalleled shopping and dining, head north to Bloor Street, or travel quickly and efficiently across the city by simply hopping on any number of TTC routes located just outside your doorstep.

Anchoring the entire community will be a magnificent new 1.5-acre green municipal public park located adjacent to 11 Wellesley on the Park. This large urban park adds a much-needed greenspace to the neighbourhood and will be a great area amenity, bringing the community together. Located at the corner of Bay and Wellesley, The Britt Condos is transforming the iconic Sutton Hotel into an architectural gem that will

TeaHouse Condominiums

The Britt

provide residents a luxurious address in downtown Toronto. Inspired by London’s luxury hotels, the 41-storey building will boast a dramatic exterior façade of shimmering blue glass complemented by modern stone and steel. Ranging from 325 to 1,190 sq. ft., the 691 suites will feature stunning interiors designed by Munge Leung and start from $278,900. Along the hustle and bustle of Yonge Street sits TeaHouse Condominiums, a tranquil Asianinspired development designed by architectsAlliance. Available suites in the two-tower community start at $332,900 in a variety of efficiently designed layouts. Residents will have access to an abundance of amenities including a fitness room, a Zen lounge and a tea room. Travel north to Wellesley Street and find yourself at the foot of 11 Wellesley on the Park, a 60-storey sculptural tower that will boast curved corners and a series of geometric balconies. Interiors by Munge Leung will offer residents open-concept layouts with organic finishes and soaring views of the city from every angle. “We’re so thrilled to provide buyers exceptional value and quality in this exciting up-and-coming neighbourhood,” adds Barry Fenton, president and CEO of Lanterra Developments. “For those looking for the quintessential live-workplay lifestyle in an exceptional neighbourhood, you need look no further than The Bay Wellesley Yonge District.”

For more information on The Britt, TeaHouse Condominiums and 11 Wellesley on the Park, visit lanterradevelopments.com JUN 20 - JUL 4, 2015 NEW CONDO GUIDE 21

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IN THE NEWS

Great Gulf steps up as Canada’s top fundraising team in support of prostate cancer

reat Gulf recently participated in Prostate Cancer Canada’s Step Up Challenge, presented by Scotiabank, climbing more than 5,000 ft. of stairs and raising over $70,000, setting an unprecedented national record. “I am so proud of our Great Gulf Team who enthusiastically embraced this challenge. We set an aggressive target of $60,000 and have surpassed it,” says Great Gulf president Christopher Wein. “This is a testament to incredible team work, a passion and commitment for helping those whose lives have been touched by prostate cancer, and strength of character to be great role models in the corporate community.”

24 NEW CONDO GUIDE JUN 20 - JUL 4, 2015

“Congratulations to Great Gulf, Canada’s top fundraising team,” says Rocco Rossi, president and CEO, Prostate Cancer Canada. “To everyone who participated in this challenge, whether in Calgary, Vancouver or Toronto, we will demonstrate our gratitude by investing the nearly $670,000 raised by these events in the most promising prostate cancer research.” Prostate cancer is the most common cancer to affect Canadian men. It is important to get screened regularly so that if you do develop prostate cancer, the appropriate action can be taken. Prostate Cancer Canada recommends that men in their 40s have a PSA test in order to establish their baseline. The survival rate for prostate cancer can be over 90 per cent when detected early.

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.

JUN 20 - JUL 4, 2015 NEW CONDO GUIDE 25

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. 26 NEW CONDO GUIDE JUN 20 - JUL 4, 2015

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Pure Choice. Pick your preferred destination today and MOVE IN NOW!

Pure convenience A truly exceptional place to celebrate life in the heart of Liberty Village. Live moments from the Rogers Centre and Air Canada Centre, the Martin Goodman Trail, cultural events at Harbourfront, and the King West theatre district.

Pure luxury You’re just steps from all the best amenities, shopping, transit, dining, world-class entertainment, and of course Toronto’s downtown core. The Tower is a place that welcomes you with a grand yet personal sense of home.

Pure character Be par t of this vibrant downtown neighbourhood that seamlessly combines landmark 19th century buildings with today’s finest restaurants, boutiques, enter tainment and the famous St. Lawrence Market.

Pure freedom A cornerstone in the burgeoning Fort York neighbourhood, West Harbour City offers the best that life has to offer: recreation, transportation, shopping, dinin g an d a s t unnin g p ale t t e o f exceptional lifestyle amenities.

One of Toronto’s top condominium builders with over 3,200 sales in the last three years. *Prices and specifications subject to change without notice. Plaza® and Pure Plaza® are registered trademarks of Plazacorp Urban Residential Communities and used under license. All rights reserved. E.&O.E. June 2015. 25654

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King West - Building Now Registered 65, 75, 85 East Liberty St., Toronto Sales Office located at 125 Western Battery Rd. 647.341.1731 The Tower - Building Now Registered 125 Western Battery Rd., Toronto Sales Office located at 125 Western Battery Rd. 647.341.1731 York Harbour Club 35 Bastion Street & 38 Grand Magazine Street, Toronto Sales Office located at 24 Grand Magazine Street 416.214.4517 Ivory on Adelaide 400 Adelaide St. East, Toronto Sales Office located at 125 Western Battery Rd. 647.341.1731 Edge 2-6 Lisgar Street, Toronto Sales Office Located at 1151 Queen Street West 416.516.5848

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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 Theatre District Tower on Adelaide 170 Spadina at Queen

Keep updated by following us:

JUN 20 - JUL 4, 2015 NEW CONDO GUIDE 31

STAT CHAT

No regrets for first-time homebuyers By Ben Myers

erhaps you are one of the people thinking long and hard about buying your first home. It’s a major decision. You can take comfort in knowing that about 280,000 people in Canada make the decision to buy their first home every year, according to a recent survey by the Canadian Association of Accredited Mortgage Professionals (CAAMP). It’s never too late to take the plunge either. Every year, almost 30,000 Canadians age 55 or older buy their first home! The CAAMP survey asked what factors prompted them to buy a home, and 51 per cent of first-time buyers said “to stop renting.” Other top factors for first-time buyers were to build equity (and take advantage of price growth and appreciation), and to experience the pride of ownership. It is hard to describe the satisfaction that home ownership brings, but I suggest you experience it yourself. As for price growth, the average GTA resale condominium in May increased five per cent annually – another month, another increase. If you’re young and waiting for the market to cool, you might end up being a senior citizen first-time buyer, like some of the folks I referenced earlier. The majority of first-time buyers surveyed by CAAMP had no regrets about taking on the size of mortgage they did. Just 14 per cent of these buyers had ‘significant’ or ‘a great deal’ of regret with their household financial obligations. The majority of respondents feel that real estate in Canada is a good long-term investment, and that mortgages are good debt. If you’re secure with your job and you have a nice nest egg saved, I’d recommend starting out with a condominium. About 120,000 people a year in Canada make the choice to purchase a condominium apartment. Half of them are first-time buyers. The CAAMP survey also showed that first-time buyers were not willing to compromise on their home’s proximity to amenities and its setting. Interestingly, many more buyers compromised on size. This will continue to be a big trend among folks looking for their first downtown highrise. In my opinion, they will concentrate more on what their immediate community can offer, like great shopping, bars, coffee houses, entertainment, parks and transit, and less on the square footage of their suite.

32 NEW CONDO GUIDE JUN 20 - JUL 4, 2015

I can spew all the stats in the world (condo resale transactions in May were up 13 per cent year-overyear in the GTA), but some people just can’t wrap their heads around the pricing and their perceived risk in owning. I would suggest talking to your peers who have bought a home, discussing your situation with a realtor and a mortgage broker, and reading up on some of the misconceptions about the market on the Fortress Real Developments’ blog.

Ben Myers is senior vicepresident of Market Research and Analytics at Fortress Real Developments. Ben assists in evaluating the market and projects that Fortress engages in. Follow his blog posts and commentary on the Canadian housing market at fortressrealdevelopments.com/ news or follow him on twitter at @BenMyers29

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JUN 20 - JUL 4, 2015 NEW CONDO GUIDE 33

LEGALLY SPEAKING

Scratching the “no pets” policy By Jayson Schwarz, LLM with files from Ernest Woo, JD

he emotional aspects of buying a condominium are often as important as the legal aspects, and the two are inexorably intertwined. This comes up due to a question posed to me recently. Why can the condominium corporation stipulate no pets when you own your condominium? The answer is simple. If the declaration and by-laws specify “no pets,” you can’t have any. This is because the Condominium Act allows a corporation to make rules to promote the safety, security and welfare of unit owners, and prevent unreasonable interference with the use and enjoyment of the common elements. For example, in January of 1997, the case of Peel Condominium Corporation No. 499 and Amy Elizabeth Frances Hogg was heard and decided in the Ontario Courts of Justice. The issue was whether she could keep her dog Jazz in her highrise condo, even though the declaration stated that no pets were allowed. Amy had a lawyer when she purchased the condo, had a disclosure statement, knew about the rule, but saw that others were breaking it. The Judge found that she had to obey the rules. An argument in equity or fairness was tried, and the Judge referred to eight considerations. The chances of qualifying on all eight of these considerations were very unlikely, and Amy had to give up Jazz. Exceptions to the rule Sometimes condominium rules may be struck down by the Court. There have been a few decisions that ruled in favour of condo owners with a provable handicap who demonstrated that they need the pet to assist with said handicap, like a seeing eye dog. It would appear Human Rights considerations can override condominium bylaws and rules. In YCC No. 26 v Ramadani, the courts confirmed that it would not substitute its own discretion on whether a pet could be kept in a condominium but the Court would review the Board’s conduct to ensure their discretion has been used properly. In June, 2003 Justice Flynn made a decision in Waterloo North Condominium Corp. No. 186 v. Weidner, where he upheld the integrity of the Declaration and its “reasonableness” is not something that can be attacked. He found that in this case, unless the owner was dependent on the dog or needed the dog in order to live in the unit, the Human Rights Code would not assist. He said a total ban on pets is not unreasonable. However, in 2005, the Waddington decision, the landlord sought an order for the removal of Waddington’s two cats. The condominium’s rules provided that, “no pet should be permitted in the building.” The court decided that a blanket rule banning all pets was not enforceable as it was not reasonable. Another way to keep your pets may be through equitable reasons. In Staib v Metropolitan Toronto Condominium Corp., a provision in the declaration absolutely prohibiting any pets was held by the trial judge to be unenforceable for equitable reasons. The Court found that the condominium corporation failed to enforce the no pet policy for 10 years, despite having knowledge of the cat’s presence. The judge refused to enforce the declaration due to the length of time the cat was allowed to remain, the tenants’ attachment to the cat and the age of the cat. 34 NEW CONDO GUIDE JUN 20 - JUL 4, 2015

The moral of the story The cases provide evidence that the court will decide whether the Board has been reasonable in disallowing pets. Know that owning a condominium is different then owning a freehold home. You must be prepared to be part of the community and recognize that the rules are in effect to respect all residents, and you should expect no exceptions. Consult a legal professional you trust and do not be afraid to tell him or her all of your concerns before signing the offer or during the 10-day coolingoff period. Remember, buying a home is a large financial and emotional commitment, and you want to get it right.

Jayson Schwarz is a Toronto real estate lawyer and senior partner in the law firm’s Schwarz Law LLP. Ernest Woo is the firm’s Student at Law. If you have a topic in mind, mail, deliver or fax letters to the magazine or to the firm, visit schwarzlaw.ca, or email info@schwarzlaw.ca

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CONDO SENSE

Car-free condos? The concept certainly makes sense, given the increasing importance of walkability, access to public transit, and freedom from traffic jams. New Condo Guide caught up with Barbara Lawlor, president and CEO of Baker Real Estate Inc., to explore the future of car-free living in the GTA.

Pedestrians driving the car-free condo trend By Lydia McNutt

omeownership in Toronto isn’t cheap, and as many home hunters have come to realize, compromise is often part of the deal. Yes, city living can mean less square footage, but with the beneﬁt of a blissfully walkable existence. This pedestrian-friendly lifestyle has made way for a relatively new concept in design and development: the car-free condo. Given the high costs of downtown dwelling, many homebuyers are opting to invest their money into a home – likely an appreciating asset – as opposed to a car, which loses value the second you drive it off the dealership lot. Apart from the cost of the car itself, not to mention the maintenance, gas and insurance, there’s also the price of a parking spot to consider – approximately $50,000 to $60,000 in downtown Toronto, according to Barbara Lawlor, president and CEO of Baker Real Estate Inc., who oversees the marketing and sale of condominium developments in the GTA and overseas. “Adding the cost of a parking space can mean the difference between qualifying to buy or not,” Lawlor says.

continued on pg. 40 38 NEW CONDO GUIDE JUN 20 - JUL 4, 2015

CONDO SENSE continued

Car-free condos aren’t exclusive to downtown Toronto. Ottawa developer EcoCorner Inc. recently proposed a car-free condo in the ByWard Market, as did Calgary’s Knightsbridge Homes in the East Village area.

The question of car ownership among homebuyers has cued considerations around parking requirements by some developers. But how realistic is it to build a carfree condo? “It’s already happening in downtown Toronto on University Avenue, just steps to the University subway line,” Lawlor points out. “The building was sold, built and already occupied without a parking space in sight!”

40 NEW CONDO GUIDE JUN 20 - JUL 4, 2015

While the City of Toronto does have a minimum parking requirement for new condos, Lawlor refers to the “Manhattanization of Toronto.” She explains, “The battle lines have already been drawn between City requirements and the developers. Underground parking is hugely expensive to build and there simply is not the demand from the buyers to absorb the supply.” Car-free condos aren’t exclusive to downtown Toronto, either. Outside of the city core, Lawlor expects smaller units with proximity to transit to be a growing trend. How far outside the city core? Parking-free condos haven’t made their way to the 905 yet, where a spot is still typically included in the purchase price of the unit. Though Lawlor notes that she is starting to see parking spaces being sold separately, at a cost of $25,000 to $40,000, depending on the location. The car-free condo is a concept that would have crashed not too long ago. “Suites were much larger when I started in the industry in the late ’80s,” Lawlor recalls. “A one-bedroom suite was approximately 800 sq. ft., and we never dreamed of selling without parking then. The compact sizes of today’s condominiums have certainly changed all of that.” Despite the move to a more walkable lifestyle, Lawlor advises condo buyers who are considering the car-free route to think “resale” before putting the brakes on a parking spot purchase. Condos that are more than 750 sq. ft. will be a quicker sell when they come with a parking space, because buyers of these larger, more expensive units will likely be older, more established, or families who are more likely to own a vehicle than their swinging-single counterparts. For the established buyer, no parking could be a deal breaker. For you, investing in a parking spot could pay off in the end.

CONDO PROFILE

TRIDEL AND HINES BREAK GROUND at Toronto’s highly anticipated waterfront development – Aqualina at Bayside

Mayor Tory addresses dignitaries and media at the Aqualina ground breaking. Front row, seated (left to right): Councilor Pam McConnell, Councilor Ana Bailao, Meg Davis (Waterfront Toronto), Avi Tesciuba (Hines), Leo DelZotto (Tridel), Tim Jones (Artscape), Angelo DelZotto (Tridel). Photo credit: Danny Yu from Visualword Photography

ne of Toronto’s most highly anticipated new neighbourhoods is one step closer to realization as leading condominium developer Tridel, and international real estate firm, Hines, officially broke ground at Aqualina at Bayside. Joined by Toronto Mayor John Tory and a host of prestigious dignitaries, Tridel and Hines celebrated the launch of construction on the first residential phase of what will eventually make up the 13-acre Bayside Toronto Community – a master-planned development that will change the face of the city’s waterfront. “The revitalization of Toronto’s waterfront is a longawaited milestone, and we’re thrilled to be such an important part of its transformation,” says Jim Ritchie, senior vice-president of sales and marketing at Tridel. “It’s also a huge milestone for Tridel. We’ve been in business

42 NEW CONDO GUIDE JUN 20 - JUL 4, 2015

for over 80 years and built more than 80,000 homes, yet this is our first development along the waterfront.” Located next to the water’s edge along Queens Quay East, Aqualina will feature iconic architecture from worldrenowned firm Arquitectonica. The 13-storey development containing 362 suites will boast a distinctive exterior of glass cubes with angled windows and balconies that will maximize the views of Lake Ontario and the Toronto skyline. Floor plans range from one-bedroom layouts to family-friendly three-bedroom residences, all with striking interior spaces by II By IV Design associates. Aqualina will also be a model for Green living as it pursues Leadership in Energy and Environmental Design (LEED) Platinum Certification, which helped earn Tridel the coveted 2015 BILD Award for Green Builder of the Year – high-rise. Homeowners will directly benefit from

less energy use, superior comfort and lower energy costs, in addition to the Rooftop Urban Garden available for small-scale agriculture. The start of construction at Aqualina is an important milestone for Tridel and Hines, who recently launched Aquavista – the second residential project for Bayside. The modern, 12-storey sculptural building housing 227 suites features an undulating façade with stepped terraces and angled balconies, and will differ quite significantly from Aqualina. One thing that remains the same however, is the optimal views of the cityscape and water. Aquavista also won bragging rights after winning BILD’s prestigious 2015 Places to Grow Community of the Year Award for its innovation in sustainable development, urban design and technology. Aquavista will also be designated as an Artscape hub. Artscape is a not-for-

profit urban development organization that clusters creative people together in real estate developments. Featuring 80 rental artists’ residences that will infuse the Bayside Toronto development with a mixture of art and culture, the aim is to promote growth and transformation of communities by making spaces for creativity to flourish. Residents of both buildings will be among the first to experience everything that this live-work-play neighbourhood has to offer, including pedestrian-friendly streetscapes and paths along Merchants’ Wharf and the Water’s Edge Promenade. Retail shops, restaurants, cafes, patios and many other amenities at street level will enhance Bayside Toronto’s convenience and vibrancy. “These two developments offer condo buyers an unparalleled opportunity to be a part of Toronto’s next great neighbourhood. There are few condominium locations that offer such stunning architecture and outstanding amenities coupled with an intimate connection to Lake Ontario and the surrounding community,” adds Ritchie. Upon completion, the new $910-million Bayside development will be a mix of residential, employment, cultural and commercial space that will include 1,800 units in six residential buildings and two new office buildings with space for more than 3,000 jobs. Residents at Aqualina and Aquavista will become a part of a cohesive new community with access to a variety of retail, public parks, stunning city views and more importantly, some of the city’s best amenity driven developments.

For more information on Aqualina and Aquavista at Bayside, visit tridel.com JUN 20 - JUL 4, 2015 NEW CONDO GUIDE 43

IN THE NEWS

Everyone’s included, thanks to Emma: Amenities are extra special at River City 3

t’s crystal clear from the first look at River City 3 that visionary minds have been inspired to create something extraordinary. That spirit of innovation extends deep into the details; the more intimately you know RC3, the more the thoughtfulness that informs it rewards you. That’s the case whether you want a home boardroom, sleek productivity centre and 2,000-sq.-ft. gym at your disposal, or you’ve got time to gaze downtown from the gently sloping lawn of RC3’s rooftop oasis, where the view from the heated outdoor pool comes unobstructed. River City kids are carefully taken into account as well: there is a specially designed playroom for them too. Last but far from least, River City has now come through with flying colours for the precious, furry members of your family. Presenting Emma Park: a 4,360-sq.-ft. dog run from the inspired mind of internationally renowned landscape architect Claude Cormier. Cormier has thought outside the box this time – to a bone-shaped dog park tucked at the bottom of RC3 for exclusive use by River City residents. Named after Urban Capital co-founder David Wex’s beloved pug, Emma Park will be a fenced-in zone of resilient, crunchy pea gravel with whimsical fire hydrant installations adding to the charm. Fido can enjoy the doggie equivalent of a power walk. Entirely off-leash, owners rest easy knowing their pooch has a great chance to play (before hitting RC3’s pet-cleaning station if necessary). It’s a presiding philosophy at River City that bold, inventive design is a vital part of a rich, modern city life. A lot of what’s ground-breaking at RC3 is appealing to singles; at a location this quintessentially urban, a high-design party room and hotel-style guest suite are givens. But the concept of the condo is expanding – a new template condominium like RC3 now can house you from your go-go-go years through offspring to retirement. The proof is in amenities geared to every life stage: you can grow up, out and into yourself at RC3. Kids, for instance, will flock to RC3’s punchy, primary-coloured playroom stocked with toys, games and small people tables and chairs. A blackboard wall, yellow rubber floor and felt wall spell fun for hours. Grown-ups in search 44 NEW CONDO GUIDE JUN 20 - JUL 4, 2015

of inspiration can head to RC3’s hobby/craft room. Think practicality plus, with work tables, a giant bulletin board and a supply wall filled with tools. For those with pure retreat on their mind RC3’s intimate reading room is a library distilled and perfected. Subtle, floor-toceiling shades of restful charcoal, and cosy beanbags each with its own floor lamp, creating a cocoonlike experience. A bookshelf where you can donate and/or peruse – this is where you’ll rediscover the irreplaceable, calm, focussed pleasure of turning pages. Everyone at RC3 gets their adventure – kids, hobbyists, booklovers and dogs included. These are perfectly judged resources for those who live solo and want company, equally those who cohabitate and want a hideaway. Amenities are designed for fast-lane living, for people who don’t want life to pass them by – all that and a bone of contentment at River City 3. For more information, visit ExtremeArchitecture.ca

IN THE NEWS

GTA housing starts hit a two-year high, with 905 condos leading the way

ousing starts were looking up across the GTA in May – way up, actually, hitting a two-year high with condos leading the way, according Canada Mortgage and Housing Corp. (CMHC). “High cost of land and scarcity of serviceable lots appeared to induce more highdensity construction into the suburbs,” says Dana Senagama, CMHC’s principal of market analysis for the GTA. CMHC reports total GTA construction starts numbered at 38,355 units in May, over 32,614 in April. The city of Toronto ranked tops for housing starts, recording a total of 1,195 in May, with 1,021 of these being apartment-style homes. Mississauga came in second place, tallying 1,127 total starts, and 1,019 of these being apartments. The city of Vaughan came in third, with a total of 637 unit starts in May, 451 of these being apartments.

46 NEW CONDO GUIDE JUN 20 - JUL 4, 2015

TORONTO CM A HOUSING STA RTS THOUSANDS

80 70 58.4

60 50

38.4

40 30 20 10 0 MAY 2013

MAY 2014

MAY 2015

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

PR ELIMINA RY HOUSING STA RT DATA M AY 2015 Toronto CMA1

April 2015

May 2015

Trend 2

32,614

38,355

SAAR

38,731

58,351

Actual

May — Single-detached

May 2014

May 2015

993

1,060

2,188

3,929

May — Total

3,181

4,989

January to May — Single-detached

2,944

3,121

January to May — Multiples

10,362

13,384

January to May — Total

13,306

16,505

May — Multiples

Source: CMHC 1 Census Metropolitan Area 2 The trend is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR). Detailed data available upon request

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A view at a cost DOES BUYING ON A HIGHER FLOOR PAY OFF? By Andrew La Fleur

hen investing in a pre-construction condo, a question that always comes up is: “Is it better to buy on a lower floor and pay a lower price, or to buy on a higher floor but pay a higher price?” Background When selling a building in the pre-construction phase, every developer will have a base price for a particular unit, then charge what is known as a “floor premium” as you ascend the building. Floor premiums in most Toronto condos are $1,000 per floor up. Custom analysis by Urbanation I am a subscriber to Urbanation. I pay thousands of dollars per year to get access to data on the Toronto condo market that I can’t get anywhere else. Why do I pay money for numbers when 99.9 per cent of all other Toronto realtors would not pay for this information? (Urbanation’s primary clients are developers and enterprise customers.) Because when it comes to condo investing, knowledge is power.

48 NEW CONDO GUIDE JUN 20 - JUL 4, 2015

So, I asked my friend, Shaun Hildebrand at Urbanation, to run some analyses relating to this floor premium. Shaun looked at Burano by Lanterra Developments (at 832 Bay St., 50 storeys), which had a large number of leases. Instead of showing what you will be able to resell your unit for if you pay an extra $1,000 per floor for it, we were able to show how much more you will be able to rent your unit for if you buy on a higher floor. I took a few insights from this data: INSIGHT #1: Higher floors yield

higher rents The numbers for Burano show that as you rise up in the building and pay more for the privilege, you will earn higher rents. This is very important

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The largest floor premiums were for the three-bedroom units, with average rents higher by $54 per month, or $648 per year, for every floor up they went. If buyers paid only $1,000 more per floor, then that works out to an astonishing 64.8-percent cap rate! because some investors still believe that they will not get higher rents if they buy on a higher floor and they will use this as a reason to only “buy low.” INSIGHT #2: Higher Is Better Think of it like this: for a median floor premium of $8.33 per floor per month, that works out to $100 per year. An extra $100 per year on a $1,000 initial investment means you are getting a 10-per-cent cap rate, which is very good. Thus, the higher floor is better. INSIGHT #3: Three Bedrooms get the Highest

Floor Premium The largest floor premiums were for the three-bedroom units, with average rents higher by $54 per month, or $648 per year, for every floor up they went. If buyers paid only $1,000 more per floor, then that works out to an astonishing 64.8-per-cent cap rate! Why are renters willing to pay such high premiums for these three-bedroom units? My theory is that if you are already shelling out $3,000 or more per month for rent, then what’s another $200 to $300 per month for an outstanding view?

So if it comes down to paying a large floor premium for buying a north-facing or south-facing unit, you are better to go with the south-facing unit (assuming the view facing south is highly preferred to the north view in the building you are considering). What the data does not tell you... While these findings are interesting, they are only one data set from one building, and it’s only for rental rates. So, take this all with a grain of salt. I consider this strong anecdotal evidence to support buying on higher floors over lower floors, but it’s not an empirical study by any means. Unfortunately the bigger question remains: what will buyers on the resale market pay for a higher floor versus a lower floor? For example, if you buy on the 50th floor, and you pay a $40,000 premium to do so, will you get at least $40,000 more when you resell than if you bought on the 10th floor? Another thing these calculations do not take into account are increased property taxes for going up higher in a building (purchase price is higher) or increased mortgage payments for going up higher.

INSIGHT #4: Renters Will Pay a Premium for

Premium Views Here’s an example: a 445-sq.-ft. unit faces south, while the 491-sq.-ft. unit faces north. Even though the average rental price for both units does not show much difference, the average floor premium for the south-facing unit is about twice that of the north-facing unit ($16 per floor versus $8). How I interpret this is that the highest floors of the south-facing unit command such a huge premium over the lower floors, that it brings the average rental premium per floor up. On the other hand, for the north-facing units, renters will not pay as much of a premium to go up very high. The reason for this is that the views to the south on high floors are spectacular toward the lake and the CN Tower, whereas the views to the north don’t really improve much as you ascend the tower.

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

JUN 20 - JUL 4, 2015 NEW CONDO GUIDE 49

FUNDAMENTALLY SPEAKING

Looking for the next Muskoka? READ – AND DRIVE – ON By Wayne Karl

uyers may be flocking to Ontario cottage country, as a recent report by Royal LePage suggests, but those looking for the next Muskoka may have to expand their search. Indeed, Muskoka is among Ontario’s most sought-after cottage destinations, with hundreds of lakes and only a two-hour drive from Toronto attracting Hollywood and sports celebrities the likes of Steven Spielberg, Tom Hanks, Mike Weir, Cindy Crawford, Goldie Hawn and Kurt Russell. Unfortunately for many looking to buy a recreation property in this high-profile area, it also has the high price tags to match. “Ontario recreational property bears the burden of Muskoka,” Phil Soper, president and chief executive of Royal LePage, told New Condo Guide. “The world-famous lake region is home to Canada’s most stunning and lavishly expensive lake-front property. “But, Ontario cottage country is much more than the ‘big three’ lakes – Muskoka, Rosseau and Joseph. Even in the District of Muskoka itself, there are some 1,600 lakes, with price points and features ranging from entry level quaint to princely palace.” As a rule of thumb, Soper says, cottage prices are highest on water within a two-hour drive of the largest population centres, and of course, that describes Muskoka perfectly. So where might prospective buyers look to find the “next” Muskoka, an area that offers similar attributes (minus, perhaps, the star-studded neighbours), where prices are still affordable? “Waterfront cottages near Sudbury and Sault Ste. 50 NEW CONDO GUIDE JUN 20 - JUL 4, 2015

Marie can be acquired starting at about $150,000 – half the average in southern Ontario,” says Soper. “Finally, eastern Ontario and southwestern Ontario offer some beautiful lakes at excellent values. And the former tends to be somewhat more affordable than the latter, principally because of the additional demand along Lake Erie from American buyers.”

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

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JUN 20 - JUL 4, 2015 NEW CONDO GUIDE 53

MORTGAGE ADVICE

Mortgage affordability in Toronto: 1985 versus today By Alyssa Richard

t seems house prices in Canada’s hottest markets will never stop rising, raising the question of mortgage affordability. Consider that the average house price nationwide has risen from $331,000 in 2010 to almost $449,000 today, and the difference is even more pronounced in Toronto. Record-low mortgage rates have led to intense competition for homes, and bidding wars have become commonplace – especially for the city’s limited supply of detached houses – that the average sale price in Toronto is now more than $635,000. This is a stark contrast from 30 years ago. In 1985, house prices were significantly lower, while mortgage rates were in the double digits. Interest rates have fallen steadily since then, but it still seems homes are less affordable today than they were in that era. That’s partly because rising house prices have outpaced income growth. But monthly carrying costs, driven by interest rates, are also a factor. We decided to do some digging to figure out exactly how much mortgage affordability has changed in Toronto over the last 30 years. Let’s start by comparing earnings. While the average family income in 1985 was $31,965, today’s household brings in average of $74,366. At the same time, however, the average mortgage amount has increased well over five times, from $87,275 to $508,745. Over the same period, mortgage rates have plummeted to record lows. While posted rates of 4.79 per cent are common today, five-year fixed rates as low as 2.48 per cent are attainable. Posted rates from 30 years ago averaging 13.25 per cent seem like a cruel joke by comparison. But even with such low rates, the total cost of carrying a home as a per cent of income is still much higher now than it was in 1985. Factoring in utilities and property taxes, monthly carrying costs (including monthly mortgage payments) are up 170 per cent – from an average of 48.16 per cent of total household income in 1985 to 57.91 per cent today.

In 1985, house prices were significantly lower, while mortgage rates were in the double digits. Interest rates have fallen steadily since then, but it still seems homes are less affordable today than they were in that era. 54 NEW CONDO GUIDE JUN 20 - JUL 4, 2015

Of course, these numbers represent the Toronto housing market as a whole. When we take a closer look at the affordability of detached houses and condos, we see two stories. A recent RBC Economics study shows that for a standard two-storey house sold in Q4 2014, 65.6 per cent of gross household income went into mortgage, property tax and heating costs. Compare that with an average of 54.3 per cent since 1985. A standard condominium sold at the same time cost an average of 33.9 per cent of household income to carry, compared at an average of 31.2 per cent since 1985. Predictably, the detached housing market is where the real gap in mortgage affordability lies. For Toronto’s condo owners, the cost of ownership has remained relatively steady.

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.

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JUN 20 - JUL 4, 2015 NEW CONDO GUIDE 59

DESIGNER ADVICE

Toe-kicks: KICK IT UP A NOTCH!

By Yanic Simard

he humble toe-kick is an important design component that usually keeps a low profile, but that doesn’t mean it should go overlooked! Here are my top tips for harnessing the full potential of your cabinets’ toe-kicks, to provide functional storage and make a beautiful statement without taking up an inch of extra space. continued on pg. 62 60 NEW CONDO GUIDE JUN 20 - JUL 4, 2015

JUN 20 - JUL 4, 2015 NEW CONDO GUIDE 61

DESIGNER ADVICE continued

Storage ⊲ Raising a cabinet off the ground by a few inches (usually three to four) is important for giving your feet space to tuck into when working at the counter, but this “kick” space under the cabinet can then be a wasted opportunity for storage. Upgrading to a toe-kick drawer takes this empty space and turns it into a shallow compartment perfect for storing baking sheets, pans, or other relatively flat items. ⊲ Other items perfect for storing in a toe-kick drawer: paperwork you need to save but not access often (like appliance instructions and warranties), a folding stepladder, seasonal dishware, a bathroom scale, art supplies, or hidden valuables. ⊲ Toe-kick spaces are also an excellent place to store pet food dishes: between meal times the food is stored away to curb overeating,

and then simply rolls back out (in a perfect low-to-the-ground position) with minimal effort. Plus, the drawer will catch food spills, saving mess from hitting the floor. ⊲ For a seamless look, use a minimalist pull that sits on top of the drawer face which won’t be seen, but will be easy to grab. Or, choose a drawer with a kick-to-open function that pops open with a push from your foot. Style ⊲ You may not have much room to add furniture in your condo kitchen, but you can create a warm, furniture-inspired look from clean, modern cabinetry by redressing your toe-kicks. Adding legs (or decorative panels that simulate legs) to the base of your lower cabinets creates the look of a more traditional furniture style, for an overall “transitional” effect that feels contemporary but not minimalist. ⊲ To enhance this effect, try painting the backs of the toe-kicks a darker shade first, so that the inset recedes and appears much deeper. This also works with simple modern cabinets to emphasize the “floating” look, especially when contrasting black toe-kicks against white cabinetry for a twist on a timeless colour pairing. ⊲ Mirror and stainless steel are two other ways to visually deepen your toe-kick so the cabinets appear to float. Mirror will extend the look of a beautiful flooring material, while stainless steel will pick up on matching appliances while creating a subtle reflectiveness of its own, for a sleek modern detail.

continued on pg. 64 62 NEW CONDO GUIDE JUN 20 - JUL 4, 2015

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JUN 20 - JUL 4, 2015 NEW CONDO GUIDE 63

DESIGNER ADVICE continued

Many condo bathrooms come equipped with floating vanities, but this still provides a great opportunity for storage space ⊲ Many condo bathrooms come

⊲ Alternately, you can let your kickspace become a fun feature by painting it a

bright, bold hue you would never use in a bigger area. Try a cool blue-green hue to complement warm wood floors, drawing the eye down and creating just the right amount of drama. Lighting and heating ⊲ A compact kitchen should always be well lit, both for practical use when prepping meals, and to keep the space feeling comfortable and open. Adding lighting strips or pucks under the toe-kick produces a modern, ethereal glow that balances light coming directly downward from pot lights, and creates a hip lounge vibe. ⊲ Choose remote-controlled colour-change LEDs, allowing you to add a little cool colour for cocktail hour, then set it back to white light for day-to-day use. ⊲ Looking to add additional built-in cabinets, or a banquet seat in your breakfast nook? Re-routing an in-the-way heat vent to exit through a kick space in the base of the new unit allows heat to enter the room uninterrupted, while hiding the exhaust port for a cleaner look. Bathrooms ⊲ Toe-kicks can be multifunctional beyond the kitchen too. In a bathroom, a

toe-kick space can be used to store a roll out platform which acts as a step up for children (or other shorter users), allowing more comfortable access to the sink – perfect for condo spaces with one or few washrooms. 64 NEW CONDO GUIDE JUN 20 - JUL 4, 2015

equipped with floating vanities, but this still provides a great opportunity for storage space. Baskets tucked underneath are a great spot to store additional toilet rolls or towels (so you know you’ll never run out), or a small stool which you can pull out when you want to rest a book or drink during a relaxing soak. ⊲ Adding a simple floating shelf under a wall-hung vanity is another way to increase storage, keeping items up off the potentially wet floor but instantly reachable when needed. ⊲ Like with kitchen cabinets, adding legs to the base of a floating cabinet is an easy way to customize the look, for a dressed up feel without replacing the unit.

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

JUN 20 - JUL 4, 2015 NEW CONDO GUIDE 65

IN THE NEWS

Oil slump both good and a potential risk for Ontario By Wayne Karl

ure, we’re all loving the lower gas prices at the pumps in Ontario, but a prolonged oil slump could begin to affect the economy and housing here as well as in the oil-producing provinces. “Sustained low oil prices do provide an upside risk to Ontario growth, as Ontario consumers and manufacturers benefit from lower prices both due to more disposable income available for consumption and lower input costs for exporters respectively,” Ted Tsiakopoulos, regional economist for Canada Mortgage and Housing Corp., told YP NextHome, after the federal housing agency released its second quarter 2015 Housing Market Outlook. “Low commodity prices also keep the Canadian dollar lower, thus helping improve competitiveness. “One cautionary note for Ontario is that one third of total exports (interprovincial and international exports) are geared for domestic markets, so less exploration and investment in the Prairies means less demand for financial and legal and accounting services whose head offices are located primarily in Ontario.” Indeed, oil is producing all kinds of economic challenges Canada-wide. “Lower oil prices are contributing to disparities between provincial housing markets,” says Bob Dugan, chief economist, CMHC. “A slowdown in housing starts

66 NEW CONDO GUIDE JUN 20 - JUL 4, 2015

Low commodity prices also keep the Canadian dollar lower, thus helping improve competitiveness and resale transactions in oilproducing provinces such as Alberta will be partly offset by increased housing market activity in other provinces, such as Ontario and British Columbia, which benefit from the positive impacts of declining energy prices, a lower Canadian dollar and continued low mortgage rates. “Moreover, since the inventory of completed and unabsorbed units remains above the historical average, we expect the pace of new home construction to moderate over the next couple of years as builders focus on managing the existing inventory,” he adds. In Ontario, harsh weather dampened housing starts early this year, but are expected to pick up through 2015 with sunny days ahead, before slowing again in 2016. Starts will range between 56,800 to 64,200 units in 2015, and 54,500 to 63,600 units in 2016. “Apartment (condo) units under construction remain near historical highs, and builders must manage inventories so that under construction counts do not result in unsold inventories,” says Tsiakopoulos.

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Renderings are an artist’s impression. Prices and specifications are subject to change without notice. E.&O.E. 67

IN THE NEWS

Ground-breaking marks major milestone at The Colours of Emerald City

Pictured: Ori Belavin, manager, Development & Planning, Emerald City Developments; Rafael Lazer, chief executive officer, Emerald City Developments; Netanel Ben Or, executive vice-president, Business Development & Marketing, Emerald City Developments; Ron Weinstock, vice-president, Development & Construction, Emerald City Developments; Shelley Carroll, Councillor for Ward 33 – Don Valley East; and John Iwasykiw, senior project manager, Emerald City Developments

rogress on Phase Two at Emerald City is now officially underway, as the developer recently celebrated the ground-breaking at The Colours of Emerald City. The first condominium in this phase is already making a splash on the new home scene in North York, and local Councillor Shelly Carroll was on hand to help mark the occasion. With this milestone achieved, the opportunity for purchasing a suite at pre-construction pricing is nearly a thing of the past. Act now and you can also take advantage of the developer’s limited-time promotion of up to $8,000 off your purchase price. With prices currently beginning from the mid-$200,000s, the savings are phenomenal! You will still find a tremendous selection of suites available, just waiting to make you part of the evolving master-planned Emerald City community. Imagine living close to Sheppard Avenue and Don Mills Road, one of the Greater Toronto Area’s most convenient locations! Residents have the Sheppard subway and highways close by, and for shopping, there is fabulous Fairview Mall where you can browse high-end boutiques and major department stores, treat yourself to a movie or a meal out, and run errands at handy service venues. Even closer to home, right in the Emerald City community, residents live steps from the soon-to-open Parkway Forest Community Centre. They will be able to work out in the gym, drop off kids at the YMCA-operated day care or go for a dip in the outdoor pool, which features 68 NEW CONDO GUIDE JUN 20 - JUL 4, 2015

change rooms. You certainly know when you have arrived at Emerald City, where public art installations by renowned Canadian novelist and visual artist Douglas Coupland include massive, boldly coloured cones and seven smaller cylinders. Designed by WZMH Architects, The Colours of Emerald City’s 13-storey exterior is strikingly contemporary. II By IV Design Associates followed suit inside with remarkable amenities that will likely be shared with the planned second building in the phase. Among these planned amenities are an equipped fitness centre, hot tub, his and her saunas, pool area, and an outdoor patio and terrace. Entertaining family and friends will also be a breeze in the condominium’s party area, which also opens onto this terrace. In addition, the condominium will feature an indoor dining room, lounge, screening room and games room, and for overnight company, residents will be able to book a hotelstyle guest suite. It’s amazing that prices for these well-appointed suites begin 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, as per plan. Visit the presentation centre and tour the brand new II By IV-appointed model suite, at the southeast corner of Don Mills Road and Sheppard Avenue. To find out more, register at emeraldcitylife.ca or call 416.492.0001.

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JUN 20 - JUL 4, 2015 NEW CONDO GUIDE 69

SWEETEST SUITES

MODEL SUITE CAPTURES the vibrant lifestyle at Emerald City

merald City, the phenomenally successful master-planned community at Don Mills and Sheppard Avenue in North York, recently showcased its brand new model suite appointed by II By IV Design. The community recently launched sales at The Colours of Emerald City, the first condo in the much-anticipated second phase. The new Emerald City model is causing quite a stir by wowing visitors with the décor potential in these designs. “Emerald City is attracting an international demographic,” says II By IV Design’s Dan Menchions. “They could be anyone from entrylevel buyers to empty-nesters, depending on the size and scale of the choices. We designed the suite to appeal to this cross-section.” 70 NEW CONDO GUIDE JUN 20 - JUL 4, 2015

There is freshness to the look, with pops of vibrant colour punctuating a neutral background, similar to Emerald City’s public art component by renowned Canadian novelist and visual artist Douglas Coupland. The wide bands of primary colours on the massive cones and seven smaller cylinders set this community off as something special. “The public art definitely had an influence on our choices,” Menchions says. “As designers, we also see the use of colour as being relevant in all interiors going forward, mainly in artwork and accessories.” The model’s bedroom is a perfect example. “The abstract painting over the bed brings together all of the colours in the room,” Menchions says, “and the large piece on the wall with the abstract human figure is from Japan. It speaks to the language of the suite’s décor.” In the main living area, the spaces are “wallpapered” with a continually changing backdrop of the city. The bright colours juxtaposed against the whites and rustic flooring create visual interest while allowing the city and natural light coming in to shine. An interesting blend of rustic and modern, the kitchen features vertical wood-grain cabinets and glossy black subway tiles for the backsplash. It’s eclectic, yet harmonious. “This dramatic effect shows inspired purchasers that they can be more eclectic with furnishings. Everything doesn’t have to match.” All of this is anchored by light-coloured, wide-plank laminate floors that add visual texture with rough timber knots. In the den, accessories in earthy greens introduce a connection with nature – a breath of fresh air in this urban setting. Menchions points out that the desk folds down into a bed with integrated storage. “In compact suites, multi-purpose furniture can make all the difference.” And speaking of furniture, he adds that everything in the suite is easily attainable from local sources. “Overall, the suite has had wonderful reviews.” Construction will begin soon on The Colours of Emerald City. Its 13-storey contemporary exterior by WZMH Architects will frame stunning interiors by II By IV Design. It is anticipated that this condominium will share with a future planned second phase an equipped fitness centre, hot tub, his and her saunas and a guest suite. The fabulous pool area will open onto an outdoor barbecue terrace that is also accessible from

the party area with its indoor dining room, lounge, screening room and games room. Owners will also have the advantage of living close to the Sheppard subway and fabulous Fairview Mall. Within the Emerald Park community itself, the Parkway forest Community Centre is slated to open this spring, with a gymnasium, YMCA-run day care, rooftop garden, outdoor pool and pavilion. Units in The Colours of Emerald City are currently priced from the mid-$200,000s. Features and finishes include a balcony or terrace, approximately nine-ft. ceiling heights in certain areas, quartz or granite kitchen countertops, and either fully integrated or stainless steel appliances.

Visit the Emerald City presentation centre and tour the beautiful new model, at the southeast corner of Don Mills Road and Sheppard Avenue. Hours are Monday to Thursday from 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.

JUN 20 - JUL 4, 2015 NEW CONDO GUIDE 71

FINANCES

Canadians looking to lock in A LONG-TERM MORTGAGE By Wayne Karl

anada’s continuing low interest rate environment has Canadians thinking now is the time to lock in a long-term mortgage. A new poll from CIBC reveals the majority of Canadians, 74 per cent, would opt for a medium or longterm mortgage if they were to acquire, refinance or renew a mortgage today. Twenty-seven per cent think now is the time to look beyond the traditional five-year fixed mortgage for a term of up to 10 years. “Canadians are recognizing that today’s historically low rates won’t last forever and some are looking for ways to bring predictability to their finances over the long term,” says Barry Gollom, vice-president, mortgages and lending at CIBC. “Most Canadians tend to opt for a fixed rate over five years when choosing a mortgage today. With more than one in four Canadians now saying they would choose a longer term of seven or 10 years, we may be seeing the start of a shift to longer terms.” Benefits of a long-term mortgage Locking in to a fixed-rate, medium- or long-term mortgage can reduce the stress that can come with following interest rates. “If interest rates rise in the next year or two, homeowners with shorter-term mortgages or variable-rate mortgages could see their payments move higher,” Gollom says. “Having a medium- or longer-term fixed rate can act as a measure of stability and protection – especially for those who have recently bought their first home.” The prospect of rising rates may not be something Canadians have to worry too much about in the near term. During its latest interest rate announcement on May 27, the Bank of Canada announced it was going to hold its overnight lending rate at 0.75 per cent for another six weeks at least. “The overnight rate has only been sitting at 0.75 per cent for three months now, after Governor Stephen Poloz finally decided to cut it down from the one per cent it had held steady at for nearly 4.5 years,” says Alyssa Richard, founder and CEO of RateHub.ca. “That decision was made in January, in an attempt to shield highly indebted 72 NEW CONDO GUIDE JUN 20 - JUL 4, 2015

Canadians are recognizing that today’s historically low rates won’t last forever, and some are looking for ways to bring predictability to their finances over the long term Canadians from the negative impacts of the significant drop in oil prices (and job losses that have occurred as a result).” CIBC says the shift to longer-term, fixed-rate mortgages signals growing interest by Canadians to gain greater control and certainty over their largest financial obligation. With a consistent and predictable mortgage payment at today’s low rates guaranteed for many years, Canadians may have the opportunity to pay down their mortgage faster and minimize interest costs, which will help to keep them on track for their broader financial goals. “Finding an expert who can crunch the numbers on a variety of mortgage options while factoring in your other debts, your savings goals and your personal risk tolerance is an extremely important part of the evaluation process,” says Gollom. Canadians’ mortgage mood » 47 per cent would choose a medium-term mortgage (three or five years) if they were to acquire, refinance or renew a mortgage today » 7 per cent would opt for a longer term (seven or 10 years) » 19 per cent would go with a shorter term (one or two years) » 62 per cent of Canadians with a mortgage believe it will be at least 10 years before they are mortgage-free, making it possible to choose a longer term such as a 10-year fixed rate Source: CIBC Mortgage Poll

JUN 20 - JUL 4, 2015 NEW CONDO GUIDE 73

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HOMEBUYERS’ HELP

Expose the phantom offers, ease the bidding wars By Kara Kuryllowicz

cross the GTA, it’s been a challenging few years for homebuyers in the face of skyrocketing prices, scarce listings, bidding wars, and buyers’ fear of competing with phantom offers. As of July 1, 2015, homebuyers and their agents will find the offer process more transparent than ever, as Bill 55, the Stronger Protection for Ontario Consumers Act, takes effect. Brokerages acting on behalf of sellers will be required to keep a copy of all written offers and each counter offer/sign-back for at least one year. The winning offer must still be kept for six years. As before, the seller’s broker can make buyers’ brokers aware only of written offers validated with the buyers’ signatures.

The GTA housing market has been so hot for so many years that bidding wars and multiple offers continue to make headlines while the market shows no sign of slowing. After committing months, and in some cases years, to the home hunt and repeatedly losing to the highest bidder, buyers are justifiably frustrated. Understandably, they may wonder how many competitive offers the seller’s agent actually received and how competitive they truly were. “The Ontario government wanted to increase consumer confidence in the bidding process by improving transparency, and that is good for consumers,” says Joseph Richer, registrar, the Real Estate Council of Ontario (RECO), responsible for regulating real estate professionals in the province, and administering and enforcing the Real Estate and Business Brokers Act, 2002 on behalf of the Ontario government. Richer notes, over the past few years there have only been a few complaints to RECO about phantom offers. “The new legislation provides a paper trail that will give continued on pg. 78

76 NEW CONDO GUIDE JUN 20 - JUL 4, 2015

HOMEBUYERS’ HELP continued

consumers additional confidence that the information they are receiving is correct and provides RECO with additional tools to investigate complaints.” “This is a good starting point and certainly better than what we had before, because it proves there were valid offers, but to really benefit the homebuyer in a multiple-offer situation, prices and conditions also need to be disclosed at the time of the offer, much like an auction,” says Jamie Johnston, owner, broker of record, Re/Max Condos Plus, Toronto. The dollar-value of the various bids still remains confidential, but as of July 1, each offer summary must include the buyer’s name/ signature, seller’s name and contact information, the time/date the offer was made, the time/date the offer was received, the date of the presentation of the offer, and more. While the buying agents have never

“The new legislation provides a paper trail that will give consumers additional confidence that the information they are receiving is correct and provides RECO with additional tools to investigate complaints.” 78 NEW CONDO GUIDE JUN 20 - JUL 4, 2015

seen and still won’t see the hard numbers on the offers, they can and do look at the selling prices of comparable neighbourhood homes to accurately determine a range. “Most of our buyers are educated and knowledgeable – in fact, they know the prices as well or better than the agents, and are clear on what a particular home is worth to their families,” says Sandra Pate, broker, Royal LePage/ Johnston & Daniel Division, who has been representing buyers and sellers in the GTA for 34 years. “Bill 55 sets out hard and fast rules as well as consequences, and as a salesperson, I now know exactly what [documentation] I have to keep and for how long.” As of July 1, 2015, consumers and real estate professionals who placed an offer on a property can contact RECO to determine how many valid offers (written and signed) were received. RECO will contact the listing brokerage to confirm the number of offers received and may ask for supporting documentation for each offer. RECO will disclose only the number of offers received, but will not offer any details. What are the consequences for non-compliance? A brokerage that fails to meet the new requirements can be prosecuted under the Provincial Offences Act, and if convicted, could face a maximum fine of $50,000 and/or a prison term of up to two years. Corporations could face fines of up to $250,000.

JUN 20 - JUL 4, 2015 NEW CONDO GUIDE 79

NEIGHBOURHOOD PROFILE

Welcome to Liberty Village By Elisa Krovblit • Photo by Olivia Bowden

iberty Village is a busy and trendy neighbourhood located near the heart of downtown Toronto, bound by Dufferin to the west, Strachan to the east and King to the north. It’s ultra urban, but because of the way it was designed, it has a tight-knit, community feel. The community offers the ideal live-work-play lifestyle with its mix of urban, commercial, retail and residential real estate. The youthful vibe really exudes that village feel, because residents don’t feel the need to leave the community. From great nightlife to vibrant commercial activity, it caters to the lifestyle of its residents.

The vibe This former industrial neighbourhood is all about what’s going on within! It’s defined and removed from its surrounding communities, literally walled in and separate. Liberty Village is nestled into the funky Toronto South areas of West Queen West and Parkdale, which are walking distance from all the major hotspots such as the Entertainment and Fashion Districts. Liberty Village is filled with shops, restaurants and hangout spots, making it easy to enjoy a live-work-play lifestyle. Meet the neighbours Due to its proximity to the city’s core, Liberty Village is a popular neighbourhood with young professionals and singles who enjoy urban living and want it all right in their own community – from day jobs to nightlife. The industrial factories and warehouses that once dominated Liberty Village have been converted into chic lofts and one-of-a-kind condos. In the area Most condos in Liberty Village range from $200,000 to $600,000. As more residential areas are being developed, the real estate market continues to thrive and provide economic growth to the neighbourhood. The coffee shops and restaurants trend toward the upscale, with a designer cup of coffee served up in several local hotspots. 80 NEW CONDO GUIDE JUN 20 - JUL 4, 2015

FAST FACTS Average household income: $129,522 Family structure: 62% single Male/female: 50/50 split Residents & residence: 44% own versus 56% rent On the tube: documentaries, news/current affairs, movies Beer of choice: Heineken (26%), Corona (26%) and Alexander Keith’s Source: Environics

Planes, trains and automobiles Liberty Village is a commuters’ paradise. A short walk to GO Transit stops and 24-hour streetcar lines make it easy to get to the downtown core. It’s also a quick trip to Billy Bishop Airport for the frequent flier. Cabs are ideal and economical for crosstown jaunts since Liberty Village is close to everything. The good, the bad and the rest The neighbourhood may not be ideal for families or couples planning to expand. With one- and two- bedroom condos dominating the market, there are a limited amount of larger homes. If driving is the preferred method of travel, be prepared for some traffic, as there are few exits from Liberty Village. Parking is expensive and inconvenient – tickets are plentiful and parking lots constantly monitored. Visit YPNextHome.ca for more photos and neighbourhood profiles.

Own Your Own Home in Liberty Village for Just $1,229/Month! * For a limited time only: ✔ $10,000 off Parking* ✔ Up to $10,000 in Discounts* ✔ Only 10% Down in the First Year!*

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80 LYNN WILLIAMS

Presentation Centre: 80 Lynn Williams Street Phone (416) 537-0047 Hours: Mon-Thu: 12 noon - 6pm Sat/Sun/Holidays: 12 noon - 5pm

LIVE INSIDE LIBERTY VILLAGE * Based on Bootes model starting price. P, I, M + T included using lowest posted TD fixed 5 year rate of 2.79% with 21% down. See Sales Rep for details. Limited time offer not to be combined with any other offers. Prices and specifications subject to change without notice. E.&O.E. Illustration is artist’s concept. Apple and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc.

JUN 20 - JUL 4, 2015 NEW CONDO GUIDE 81

Model Suite Photo Compliments of Amacon.

www.amacon.com

PSV and PSV2 at Parkside Village are Mississauga’s most talked about communities. Construction at PSV and PSV2 is now underway. Model Suite is designed by award-winning agency UNION 31.

JUNE2015

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

START LIVING AT THE CENTRE OF IT ALL

COMING SOON SECURE YOUR SPOT AT LifeatParkside.com

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e-NEWS!

FOCALPOINT FOCALPOINT

monthly podcast series – featuring your favourite in-the-know lifestyle experts monthly podcast series – featuring your favourite in-the-know lifestyle experts

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ud d ii oo tt oo u u rr oo n n ll ii n n ee .. cc oo m m ss tt u sandra rinomato sandra realty rinomato savvy realty savvy

JUN 20 - JUL 4, 2015 NEW CONDO GUIDE 85

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

CONNEXION By North Star Homes

THE BOND CONDOMINIUMS By Lifetime Developments

Previews continue in this prime Bloor and Islington community. Register now for first priority preview. Web: NorthStarHomesInc.com

Final release of the Bond’s Connected Collection offers suites on the two top floors, plus a limited number terrace suites. Web: TheBond.ca

CITYLIGHTS ON BROADWAY By Pemberton Group

BLUE DIAMOND AT IMPERIAL PLAZA By Camrost Felcorp

Register now for the south tower with new suite designs in the popular Yonge and Eglinton neighbourhood. Web: CityLightsCondos.ca

Grand opening June 20 and 21. Be first in line for grand opening incentives and forever views at this dazzling new condo coming soon to Avenue and St. Clair. Web: BlueDiamondCondos.ca/cg

DANIELS WATERFRONT By The Daniels Corp. Dive into an arts-inspired life on Toronto’s waterfront. Register today. Web: DanielsWaterfront.com

SAIL CONDOMINIUMS By Opearl Developments The new wave of design is here! Modern urban condos coming soon to Victoria Park and Sheppard. Register now. Web: SailCondos.ca

LIBERTY CENTRAL TWO By CanAlfa

previews & registrations STANLEY By Tribute Communities Register now to live at one of Toronto’s most iconic locations, at Church and Carlton. Web: MyTribute.ca

150 REDPATH By Freed Dev./Capital Dev.

ISLINGTON TERRACE By Tridel Grand opening at this new, master-planned community minutes from Islington Village and Kingsway on Bloor. Web: Tridel.com

THE SOUTHWOOD By Streetcar Phase 2 now open – the Ravine Collection, minutes from downtown on the water’s edge, in The Upper Beach. Web: TheSouthwood.com

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 FIFTY FIVE By Lamb Dev. Corp. & Hyde Park Homes

VIDA By Castle Group Development

THE RAVINE By Urban Capital & ALIT Developments

Condos coming soon to the luxe Bayview Village area, steps from the subway. Register today. Web: VidaCondos.com

EAST UNITED By SigNature Communities

Now open. Spectacular modern residences coming soon to Toronto’s lower east side. Web: East55condos.ca

Model suite now open in North York, where city and nature come together. Web: TheRavine.ca

TEAHOUSE By Lanterra Developments Phase 2 now open at 501 Yonge St., where east meets west in this new Asian-inspired condominium. Register now. Web: TeaHouseCondos.com

Coming this fall to Yonge and Eglinton. Register today to stay in the know. Web: RedpathCondos.com

Register now to be part of Toronto’s vibrant east end. Condos coming to the corner of Berkeley and King. Web: eastunitedcondos.com

GRID CONDOS By CentreCourt Developments

THE BARTHOLOMEW By The Daniels Corp.

Get schooled on smart condo living in Toronto’s “Learning District.” Register now. Web: GridCondos.com

Condominiums and traditional towns coming soon to Downtown East. Register today. Web: DanielsBartholomew.com

Construction has started on the Toronto waterfront. Visit the presentation centre and two model suites, now open. Web: Tridel.com/aqualina

MARQUETTE By Kubo Developments

JOY CONDOS By Gemterra

RIVERCITY 3 By Urban Capital

Now previewing, boutique urban towns near Bathurst and Wilson. Visit the sales centre today. Web: Marquette.ca

Coming soon to this prime Scarborough location, near Kennedy and Sheppard. Register now to stay up to date. Web: JoyCondos.com

Presentation centre and model suite now open at Urban Capital’s new condominium coming to the revived West Don Lands. Web: RiverCityToronto.com

86 NEW CONDO GUIDE JUN 20 - JUL 4, 2015

AQUALINA AT BAYSIDE By Tridel

GTA Edition June 20 - July 4, 2015

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

IN THIS SECTION Maps and listings for new condo communities in the 416 region Builder news and the latest in condos in the 416 JUN 20 - JUL 4, 2015 NEW CONDO GUIDE 87

#ARAGONFORWARD Aragon Properties Ltd.

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 $439,900. Register today at aragon.ca/enigmalofts. Call or visit: 138 St. Helen’s Ave, 416.516.1551.

e St. H

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*In our continuing effort to improve and maintain the highest standard, the developer reserves the right to modify or change plans, specifications, features and prices without notice. Please refer to disclosure statement for specific offering details. E.&O.E.

Enigma on the Park is now over 60% sold. Your 9 piece designer appliance package lives in this integrated kitchen. Enigma represents more than a subtle shift in urban planning and architectural design practices. It’s a revolution that begins with these 86 parkside condos and townhomes located in the heart of the connected

ENIGMA ON THE PARK

MORE THAN MEETS THE EYE. INTELLIGENCE STANDS BEHIND BEAUTIFUL DESIGN.

erin Duff

JUN 20 - JUL 4, 2015 NEW CONDO GUIDE 89

SOLD

60%

OVER

PROFILE

Meet the sales team for Tridel’s Islington Terrace and get to know the neighbourhood

THROUGH THE LOOKING GLASS AT s Anita Zaman, sale Natasha Chou and Islington Terrace representatives at

nita Zaman and Natasha Chou are smart, savvy sales representatives that know a thing or two about real estate. Originally joining the Tridel team under diﬀerent facets of the large corporate umbrella, Anita and Natasha are the dynamic duo leading the sales team for Islington Terrace, Tridel’s newest project at Bloor and Islington. Anita and Natasha have channeled their passion for real estate through most of the last decade, and have helped sell some of Toronto’s most high-profile condo projects. “This is what I love doing,” says Anita. “I joined the Tridel sales department more than nine years ago, but it truly feels like it was yesterday.” 90 NEW CONDO GUIDE JUN 20 - JUL 4, 2015

Bloor and Islington

Now, Anita and Natasha are helping Tridel introduce its new highrise, Islington Terrace, into the marketplace. “Connecting with people and helping first-time buyers find their first home is one of the best parts of the job,” says Natasha. “Buying a home is one of the most important decisions people make in their lives; being part of that process is very rewarding. We provide professional services, but also develop long-term relationships with our clients.” It’s certainly the approach that Anita and Natasha are taking to introduce Islington Terrace. Designed by Kirkor Architects, Islington Terrace is the first of three architecturally striking towers in this sophisticated, master-planned development conveniently located on Bloor Street West, next to the Islington subway station. Tridel recently celebrated the grand opening of Islington Terrace by unveiling a new presentation centre and the Skylife Collection, a selection of suites on the upper ﬂoors of the 45-storey tower oﬀering sweeping views in all directions. The suite interiors at Islington Terrace are designed by II By IV Design, and finished to Tridel’s impeccable style and standards. Priced from the mid$200,000s, suites are available in a variety of one- to two-bedroom-plus-den layouts, and range in size from 482 to 971 sq. ft. “There is more to real estate than meets the eye,” explains Anita. “Beyond

“Connecting with people and helping first-time buyers find their first home is one of the best parts of the job. Buying a home is one of the most important decisions people make in their lives; being part of that process is very rewarding. We provide professional services, but also develop long-term relationships with our clients.” being knowledgeable about the development, sales representatives must be able to convey the feeling of ‘home’ and describe the neighbourhood as if they lived there.” Residents of Islington Terrace will enjoy countless lifestyle amenities including a landscaped rooftop oasis with lounging alcoves and open greenspace, an outdoor terrace pool and barbecue dining area, outdoor Children’s Play Zone (with splash pad), and state-of-the-art fitness centre. “There is something for everyone to enjoy,” says Natasha. “Amenities here are both indoor and outdoor, so you have plenty of options, regardless of the season.” In addition to the 50,000 sq. ft. of indoor and outdoor amenity space at Islington Terrace, the historic Islington Village boasts great neighbourhood amenities including charming shops and restaurants just a short walk away, not to mention the hundreds of retail boutiques and chic bistros along the Kingsway on Bloor, or at Sherway Gardens. When asked about their local favourites, Anita and Natasha were quick to recommend Sushi to Go, My Thai Kitchen, or Café Demetre. “This neighbourhood has it all – convenient access to the Bloor subway and TTC, major highways within minutes, proximity to Pearson International Airport and a Walk Score of 90 meaning most day-today-errands are within a five minute walk from home,” says Anita. “It truly is a live, work and play location,” adds Natasha. “Just a twominute walk from the vibrant Islington City Centre business hub, Islington

Terrace is also surrounded by five golf courses, parks and trails, and is nearby to great dining and entertainment options.” Agreeing that Tridel picked an excellent location for this project, both ask, “Where else can you have all of the conveniences that the downtown core provides, without paying downtown prices?” At Islington Terrace, of course. Don’t take their word for it though – Anita and Natasha invite you drop by the new presentation centre to tour the designer-decorated model suite and learn more. Visit Anita or Natasha at the new presentation centre at 3326 Bloor St. W, Etobicoke. For more information on Islington Terrace, call 416.645.8862, or visit tridel.com. JUN 20 - JUL 4, 2015 NEW CONDO GUIDE 91

STYLE FILE

Top 5 mistakes people make when choosing paint colour

oes the thought of choosing a paint colour turn you yellow with fear? “When it comes to paint colour, many people are so afraid of change that they end up sticking with the same colours for years,” says Martin Tustin-Fuchs, brand manager, Dulux Paints. “Yet, all they often need is a bit of guidance to get out of their colour rut and adopt a more current look for their living spaces.” Top 5 mistakes people make when choosing paint colour and how to avoid them: 1. Choosing a paint colour out of context. Contrary to popular belief, taping a small swatch to a wall won’t help you choose the right colour for your room. Instead, examine paint chips against furniture, rugs, accessories, countertops and other items in the room, making sure to test the colours in direct, indirect and artificial light at all times of day. 2. Playing it safe with neutrals. Neutral paint colours tend to be a popular choice, yet there are times when a more saturated colour may bring out the best in a room. A good way to introduce some colour to your walls is to apply the “new neutrals” – whites, beiges or greys that are infused with a small amount of colour such as lilac, sage or blue. Take a neutral room up a notch by painting an accent wall a deeper shade of the wall colour or a more vibrant, coordinating colour. 3. Going with the same old, same old. Just like an out-of-date hairstyle, it’s easy to get comfortable in your room’s décor. Take a step back, examine your space and ask: What year is this room stuck in? If the answer dates back at least a decade, it might be time for a change. 4. Fear of using more than one colour. There’s no reason to use only one paint colour on the walls of a room. In fact, using two or even three shades can turn a room from ordinary to extraordinary. A good rule of thumb is to use a base colour in about two-thirds of the room and introduce other colours in smaller quantities. To achieve an elegant, relaxing feel, try a monochromatic colour scheme, with one main colour supported by others from the same colour family. For a harmonious effect, combine colours located beside each other on the colour wheel. To create a dynamic look, choose complementary colours found directly across from one another on the wheel. 5. Failing to consider a room’s function. Will you be playing, sleeping, eating or relaxing in the space to be painted? Make sure you choose your colour accordingly. Yellow, red and orange, as well as soft grey, violet, blue and green, are known to be more conducive to appetite-building, entertaining and conversation, making them good choices for the kitchen and any main-

“A change of wall colour is the best and most economical decorating tool out there.” 92 NEW CONDO GUIDE JUN 20 - JUL 4, 2015

floor living space. Bright red will energize and stimulate kids in a playroom, while cooler blues have a calming, serene effect ideal for a bedroom. Golden yellows and warm apricots tend to flatter any skin tone in a bathroom. “A change of wall colour is the best and most economical decorating tool out there,” Tustin-Fuchs says. “If your room is stuck in the 1990s, you can bring it forward to 2015 just by swapping out pastel peach and moss green for a more modern palette such as turquoise blue with lime green accents. With paint, the possibilities are endless.” For more information, visit dulux.ca

THE NEW WAVE OF DESIGN IS HERE

CONDOMINIUMS

COMING SOON TO VICTORIA PA RK & SHEPPA RD MODERN URBAN CONDOS FROM $199,900 Introducing Sail Condos. Magnificent architecture inspired by the graceful contours of a sail. Sophisticated amenities including a chic Lobby Lounge, elegant Party Room and modern Fitness Centre. Superb location in a vibrant neighbourhood, minutes from major highways, Sheppard subway & LRT, Fairview Mall, Seneca College, parks, schools and more. This is the new shape of condominium living. Welcome home.

EXCLUSIVE LISTING BROKERAGE MILBORNE REAL ESTATE INC. BROKERS PROTECTED. PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. ILLUSTRATIONS ARE ARTIST CONCEPT. E.&O.E. DEVELOPMENTS

JUN 20 - JUL 4, 2015 NEW CONDO GUIDE 93

IN THE NEWS

Toronto the top economy in Canada this year By Wayne Karl

oronto is back. No, not as the centre of the hockey universe now that the Toronto Maple Leafs have hired Mike Babcock. Toronto is back as the top economy in Canada. Thanks largely to a weaker Canadian dollar and a strengthening U.S. economy, Toronto will see its economic fortunes improve this year, according to the Conference Board of Canada’s Metropolitan Outlook: Spring 2015. “For the first time since 1999, Toronto will boast the fastest growing metropolitan economy this year among the 13 cities covered in this edition of our report,” says Alan Arcand, associate director, Centre for Municipal Studies. With a gain of 2.9 per cent last year, Toronto’s economy grew at its fastest pace in four years, and is expected pick up steam over the next two years. The city’s economy is expected to expand by 3.1 per cent in 2015 and by 3.2 per cent in 2016, supporting employment growth of 1.9 per cent this year and 2.5 per cent next year. The tourism sector is set for a big year, expected to benefit from the stronger U.S. economy, weaker loonie and the upcoming Pan Am/Parapan Am Games. At the other end of the economic scale, lower oil prices will hurt growth in Calgary, Edmonton, Regina and Saskatoon.

94 NEW CONDO GUIDE JUN 20 - JUL 4, 2015

Regional highlights for 2015 TORONTO: Decent gains in manufacturing and tourism will help the economy expand by 3.1 per cent. HALIFAX: Economy is expected to grow by 3.1 per cent,

fueled by strength in manufacturing and construction. VANCOUVER: Strength in manufacturing, construction

and consumer spending will support GDP growth of 3.1 per cent. HAMILTON: Stronger growth in the services sector

and construction output will support GDP growth of 2.7 per cent. MONTREAL: GDP growth will reach 2.6 per cent, thanks in part to infrastructure projects. WINNIPEG: GDP will grow 2.5 per cent, as services growth stays healthy and non-residential construction picks up. VICTORIA: GDP will rise 2.1 per cent, driven by a turnaround in public administration and strong manufacturing. REGINA: Prompted by the drop in oil prices, economic

growth in Regina will slow to 1.9 per cent. SASKATOON: GDP growth will be limited to 1.8 per cent

because of weakness in the primary and utilities sector. OTTAWA-GATINEAU: GDP will grow by 1.3 per cent,

with strength in non-residential construction and high-tech services. EDMONTON: The economy will contract by 0.8 per cent as a

result of the drop in oil prices. CALGARY: The oil price slump will hit the economy hard, with GDP set to drop by 1.2 per cent.

live at the heart of king & bathurst beginning Winter 2016

oneeleven is under construction donâ&#x20AC;&#x2122;t miss out on this amazing opportunity. the oneeleven condominium residences are now over 75% sold! register today at oneeleven.ca or call 647 351 4111.

CONDOMINIUMS + LOFTS

the amenity floor at oneeleven the open-concept indoor/outdoor social space encompasses a variety of entertainment, dining + lounging areas featuring an expansive, multi-use patio, library, lounge with mini-theatre, barbeque + fire pit.

Exclusive Listing Brokerage: Brad J Lamb Realty Inc. Brokers Protected. Rendering is an artistâ&#x20AC;&#x2122;s impression. Prices and specifications are subject to change without notice. E.&O.E. March 2015 JUN 20 - JUL 4, 2015 NEW CONDO GUIDE 95

SWEETEST SUITES

NEW ELEGANCE IS THE FEEL AND STYLE of Perspective Condominiums’ new two-bedroom model suite

erspective Condominiums, a two-tower development by Pianosi Development Corp. at Scarlett Road and Eglinton Avenue, is celebrating the launch of its twobedroom model suite designed by one of Canada’s top urban interior designers, Bryon Patton and Associates. “We felt the model suite should look ‘real’ and not like the pages of a slick magazine,” says Bryon Patton. “Many end users will live here and as a result, this suite has a welldesigned, warm and comfortable 96 NEW CONDO GUIDE JUN 20 - JUL 4, 2015

look. We call it ‘new elegance’ for its eclectic blend of clean lines, elegant and modern pieces. The suite will appeal to both younger professionals and the mature professional/empty nester searching for a comfortable, carefree condominium lifestyle.” Perspectives’ two 12- and 19-storey towers, available for occupancy later this year, have been one of Toronto’s more remarkable condominium success stories. One of the reasons is its location in the centre of one of the city’s most sought-after neighbourhoods at Scarlett Road and Eglinton, with an estimated 80 per cent of purchasers coming from approximately five kilometres away. They have chosen to stay in this leafy area close to the natural beauty of the Humber River Valley, beautiful James Gardens and multiple golf courses, yet only 10 minutes from the shops, restaurants bistros and galleries of Bloor West Village. Another prime purchasing advantage are the larger-than-average suite sizes, offering one-bedroom, two-bedroom and two-bedroomplus-den units, each featuring a balcony which becomes an extension of residents’ personal living spaces. Bryon Patton’s team played off this size advantage when designing the newly launched model suite. “The real credit goes to my colleagues Liz MacKay and Sean Swayze, the project designers,” says Patton. “In the model suite, we have shown that the spaces are functional, flexible and are well planned with livability in mind. Many purchasers may be downsizing and will be pleased to see and feel the spaciousness of these suites. Space is a true luxury in urban condominium living, and that luxury of space is certainly felt at Perspective.” At Perspective Condominiums, purchasers can walk through, touch and feel a finished space within a modern suite, to see features such as the four-pipe fancoil temperature control units, which are ultra-quiet with low operating and maintenance costs and allow residents to control individual temperatures year-round. It’s also important through a model suite to supply homebuyers with ideas for the eventual customization they will bring to their own homes through their own design inspirations.

“Visitors to the model can see they can use existing pieces when they move in,” says Patton. “We used standard finishes and colours throughout, with aged walnut floors and a colour palette of chocolate, sage, tobacco, bronze and ebony. However, there is a pleasing and moderate change in textures throughout, but nothing abrupt that would create borders to any areas within the suite. We think we achieved our goal, which was to give visitors the feeling they can live comfortably and beautifully, at Perspective Condominiums.”

To learn more about Perspective Condominiums, visit perspectivecondos.com, or visit the stunning new model suite located at 290 Scarlett Rd., open Monday through Friday from noon to 6 p.m.; and Saturday and Sunday from noon to 5 p.m.

JUN 20 - JUL 4, 2015 NEW CONDO GUIDE 97

1ST RELEASE OF KNIGHTSBRIDGE SOLD OUT. NOW INTRODUCING PHASE 2

BALCONY

KITCHEN

BEDROOM

BALCONY

LIVING/DINING

Your Opportunity OVER LOOKING FOR EST HILL

TO CUSTOM DESIGN YOUR SPACE

DEN

This is an exceptional opportunity to design your suite specifically for your lifestyle. View our stylish designer suites ranging from 1 bedroom to spacious 3 bedroom + den designs. Should you require a more spacious and personalized combination plan, weâ&#x20AC;&#x2122;re here to accommodate. Custom edition boutique living, just steps from the subway.

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KC 1364 Unit 1403-1603 A_007 1364 sq.ft. + 296 sq.ft. balcony

$20,000

PRESENTATION CENTRE:

522 ST. CLAIR AVENUE WEST

BarringtonCondo

FLOOR 16

SUBWAY

EGLINTON

N SITE

SALES CENTRE

ST. CLAIR

DUFFERIN

BARRINGTONCONDOS.COM 416.410.4444

FLOOR 14-15

{AT ST. CLAIR AVENUE & BATHURST STREET}

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

DESIGNER 01 UPGRADE BONUS*

YONGE

$1,750

From

TTC

OWN FROM

$332,490

BATHURST AVENUE

From

*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.

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

# Builder 2 Great Gulf 7 The Daniels Corporation 11 Menkes Developments Inc. 11 Menkes Developments Inc. 16 Freed 18 Monarch Corporation 18 Urban Capital 19 Streetcar Development 20 Menkes Developments Inc. 22 Monarch Corporation 23 Tribute Communities 25 Tridel Corporation 26 Bazis Inc. 27 The Daniels Corporation 28 Empire Communities 35 Menkes Developments Inc. 35 Menkes Developments Inc. 41 Lash Group of Companies 48 Madison Homes 48 Fieldgate Homes 49 Lanterra Developments 49 Tribute Communities 52 Cresford Development Corp. 58 Great Gulf 60 Canalfa Group 65 Aragon Properties 67 Pemberton Group 68 Lamb Development Corp. 74 The Daniels Corporation 75 Canalfa Group 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 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. 6 Cresford Development Corp. 7 The Daniels Corporation 8 Cresford Development Corp. 9 Aspen Ridge Homes 9 Cityzen 10 Empire Communities 11 Tridel Corporation 12 North Drive Investment 12 Streetcar Development 13 Streetcar Development 14 Canalfa Group 15 Tridel Corporation 16 Freed 16 Capital Developments 17 Rockport Group 18 Urban Capital 18 Urban Capital *TH: Townhomes, C: Condo

Site Telephone TH* C* Price Range Page Finder Yonge+Richmond 416-499-8883 • from $340,000 25 16K High Park Condominiums 416-351-1844 • from $300,000 23 8L Pears on the Avenue 416-323-0100 • from $420,000 Insert 14I 365 Church 416-591-7700 • from $249,000 Insert 14I 150 REDPATH redpathcondos.com • 39 14D Riva del Lago 416-495-3544 • from $300,000 Insert 24c RC3 416-862-0505 • • from $220,000 45 18L The Southwood 416-750-7506 • from $300,000 14 23H Fabrik 416-591-7700 • from $350,000 Insert 14M Picasso on Richmond 416-495-3549 • from $500,000 Insert 14M The College 416-363-4800 • from $350,000 65 M14 SQ2 416-661-1949 • BC 15D No1 Yorkville 416-519-2911 • from $408,000 3 15I One Park Place South Tower 416-955-0559 • from $320,000 17 18k Eau Du Soleil Waterfront Condominiums 416-503-3328 • from $350,000 6-7 25B 87 Peter 416-591-7700 • from $344,000 Insert 15M The Eglinton Yonge at Heart menkes.com • Insert 15D The Barrington Condominiums Flats 416-410-4444 • from $333,000 99 12H Zigg St.Clair West 416-545-0223 • • from $320,000 53 14J Zigg St.Clair West 416-545-0223 • • from $320,000 53 14J Teahouse 416-861-1111 • from $281,000 19 16K Stanley mytribute.ca • from $200,000 73 16K CASA 2 416-486-2272 • from $1000,000 120/IBC 15L Monde 416-466-8885 • from $320,000 25 17M Liberty Central by the Lake - Phase One 416-537-0047 • from $400,000 63 11F Enigma on the Park 416-516-1551 • from $234,000 89 9L Citylights on Broadway 905-326-4100 • from $200,000 8 14D East Fiftyfive 416-861-9559 • from $280,000 59 17L The Bartholomew Downtown East 416-955-0559 • from $300,000 15 18K Liberty Central by the Lake Two 416-537-0047 • • from $250,000 81 12N One Eleven Condominiums & Lofts 647-347-4111 • from $250,000 95 13M One Eleven Condominiums & Lofts 647-347-4111 • from $250,000 95 13M One Bloor Residences 416-922-0081 • from $590,000 25 15I Riverhouse at the Old Mill 416-766-7343 • from $1592,000 11 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 1 15I Studio on Richmond 647-352-7736 • from $300,000 51 15M The Bond Condominiums 416-546-7525 • • 5 15G Canary Park Condominiums 416-603-7576 • from $250,000 58 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 22 15L Smart House 416-292-0219 • from $442,000 22 15L The Harlowe 416-363-1771 • from $294,000 55 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 Merton Yonge Condominiums 416-484-1900 • from $450,000 14e NXT2/Phase Two 416-977-5300 • • from $210,000 5F NXT at Windermere By the Lake 416-977-5300 • • from $350,000 5F The Parkside Collection 416-351-1844 • from $700,000 8L NXT 2 416-977-5300 • • from $300,000 8N VU 416-970-9500 • • from $370,000 16L Riverside in Pine Grove 416-746-1234 3F The HUB 416-784-3482 • from $250,000 9F Sherwood at Huntington 416-485-1900 • from $1000,000 18G The High Park 416-670-3699 • from $300,000 8L RC3 416-750-7506 • from $300,000 23D Trinity Lofts 416-690-2988 • from $330,000 19l Liberty Place 416-537-0047 • • from $170,000 12N 101 Erskine 416-480-0700 • from $286,000 14D 155 REDPATH 416-996-5428 • from $210,000 14D 150 REDPATH redpathcondos.com • 14D The Nest 416-223-0003 • from $250,000 11H River City 416-862-0505 • • from $250,000 18L River City 2 416-862-0505 • • from $500,000 18L

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

KIngstone Road Development Greenland Group Tridel Corporation Greenpark Homes Tridel Corporation Bazis Inc. Empire Communities Pinnacle International Pinnacle International Worsley Urban Partners Madison Homes Lamb Development Corp. Neudorfer Corporation Cresford Development Corp. Easton’s Group Centre Court Development Great Gulf Fernbrook Homes/Cityzen Dev. Triumph Developments K-CAP Laird Inc. Tridel Corporation Pinnacle International Conservatory Group Pinnacle International Minto Communities Inc. Cresford Development Corp. Tridel Corporation Tridel Corporation Cresford Development Corp. Lanterra Developments Times Developments Inc. MintoUrban Communities Inc. MintoUrban Communities Inc. Streetcar Development Lanterra Developments Lindvest 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 The Daniels Corporation Andiel Homes Inc. Berkshire Axis Development Signature Communities Empire Communities Freed Lamb Development Corp. Tridel Corporation Tridel Corporation 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 Sorbara Group Graywood Developments Mod Developments Inc. Reserve Properties Reserve Properties Pemberton Group Streetcar Development Greenpark Homes The Daniels Corporation Cresford Development Corp. Tri-Win Developments Inc MintoUrban Communities Inc. Lifetime Developments Centre Court Development Streetcar Development Menkes Developments Inc. Fieldgate Homes Freed Carttera Solotex 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

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 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 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 Grid Condos 416-477-4743 • from $250,000 Brocton Commons greatgulf.com/brocton • from $370,000 Garrison Point garrisonpoint.ca • from $250,000 Howard Park 2 416-873-0989 • 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 VOX 416-485-3000 • Aqualina at Bayside 416-514-2710 • from $350,000 Aquavista at Bayside Toronto 416-514-2710 • from $1000,000 CASA III 416-486-2272 • from $390,000 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 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 RC3 416-221-3939 • from $280,000 East United Toronto Condos 905-273-9333 • from $200,000 East United Toronto Condos 905-273-9333 • from $200,000 East United Toronto Condos 905-273-9333 • from $200,000 Schoolhouse 416-979-1333 • from $595,000 Art Shoppe Condos artshoppecondos.com • from $200,000 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 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 • 210 Simcoe 416-217-0210 • from $420,000 Five Condos 416-928-0555 • • from $375,000 Five Condos 416-928-0555 • • from $375,000 Rise 416-546-7399 • • from $290,000 Model Suite of the Month • Neon 416-987-7878 • from $470,000 The Carlaw 416-690-8588 • from $200,000 Allure Condominiums 416-487-7600 • from $350,000 Cinema Tower Condominiums 416-203-2020 • from $450,000 1000 Bay 416-485-3000 • from $350,000 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 Upper Beach Townes 416-693-7500 • from $450,000 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 23H 12N 12F 17L 15D 15I 25B 17m 17M 15H 14E 19L 9k 14L 17k 17k 11L 13N 9L 18D 16J 16M 15I 15L 14J 15J 18N 18N 15L 15J 17I 14M 14M 19L 14B 13J 13M 16J 16J 14M 9I 9I 9I 14K 14G 14G 14D 16M 23G 17M 18L 18L 18L 13i 14D 20J 15M 15M 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 15M 15J 15J 12H 12H 14D 19K 14F 14M 15J 14M 14E 16M 16M 12M 15M 14O 16L 16L 24G 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

19 21 22 24 25 26 28 29 29 31 32 33 36 37 38 38 39 40 42 43 44 45 46 47 48 50 51 51 52 53 54 55 55 56 57 59 61 62 63 64 66 66 66 69 70 70 71 72 73 76 77 77 77 78 79 81 83 84 88 94 101 102 103 103 104 106 106 109 109 110 114 117 117 117 118 118 120 120 122 124 126 126 128 129 130 131 131 133 134 135 135 137 141 142 148 149 149 149 151 151 151 153 153 153 154 155 157 162 165 170 173 175 179 179 184 184 185 186 188 189 190 191 192 195 195 197 198 199 200 200 201 206 207 210 215 217 219 220 221 223

101

Steeles Ave

North York

400

121

21 22

40 8 2 50 10 4

124

401

15 128 17

11 13

123

401

122

130

125

132

torontoregionalmaps: North York

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

102

Builder

6 9 12 13 16 19 40 96 121 123 1 1 2 3 3 4 4 5 6 6 6 6 7 8 10 10 10 11 14 15 17 18 21 25 25 28 33 37 50 50 95 96 96 96 101 122 122 122 124 125 128 128 130 132

Concord Adex Sorbara Group Ghods Builders Inc. Castle Group Developments Urban Capital Madison Homes Menkes Developments Inc. 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 Phantom Developments Chestnut Hill Development Kubo Developments Tridel Corporation Context Development Inc. metropia Tridel Corporation Castle Royale Development Norstar Group of Companies MintoUrban Communities Inc. Devron Developments Aspen Ridge Homes ELAD Canada ELAD Canada ELAD Canada Kantium Development Lanterra Developments Lanterra Developments Lanterra Developments Tridel Corporation Fram Building Group The Daniels Corporation The Daniels Corporation Tribute Communities Fram Building Group/Cadillac Fairview

*TH: Townhomes, C: Condo

Site

Telephone

TH* C*

Price Range

Page

Omega On The Park 416-813-2999 • • 28-29 Beacon beaconcondos.ca • from $290,000 67 5959 Yonge Street 416-222-5959 • from $289,000 52 Vida at Bayview Village 416-304-1212 from $200,000 26 The Ravine 416-850-2489 • • from $250,000 47 Briar Hill madisonhomes.ca • • from $350,000 56-57 Gibson Square 416-730-9722 • from $837,000 Insert The Colours of Emerald City coloursofemeraldcity.com • from $250,000 69 World on Yonge 905-771-7010 • from $284,000 37 The Station 416-398-9777 • from $305,000 33 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 Tea Garden Condos teagardencondos.com • from $250,000 Lotus Condominiums 416-222-8338 • from $299,000 Marquette Urban Towns 416-551-9767 • from $300,000 Argento 416-663-1818 • from $562,000 The Yorkdale Condominiums 416-781-9990 • from $170,000 The Yorkdale Condominiums 416-781-9990 • from $170,000 Alto at Atria 416-645-8866 • from $288,000 The Palm Condominium Residences 416-306-1000 • from $400,000 Portrait Condominiums 416-282-9600 • from $300,000 88 416-915-3805 • from $330,000 Flo Condominiums 647-799-0356 • from $250,000 Scenic on Eglinton 416-805-1781 • Emerald City Condominiums 416-492-0001 • from $250,000 Dreamtower At Emerald City 416-492-0001 • from $248,000 Biyu Emerald City biyucondos.com • from $250,000 Posh Condominiums 905-771-0134 • from $544,000 Treviso Condominiums 416-787-8882 • from $203,000 Treviso II 416-787-8882 • from $250,000 Treviso III 416-787-8882 • from $250,000 Trio at Atria 416-645-8866 from $255,000 LIV Lofts 416-445-5638 • from $250,000 NY Place 416-221-3939 • from $250,000 NY2 416-221-3939 from $250,000 Canterbury 647-352-2130 • • from $700,000 Flaire Condos 416-445-8868 • from $320,000

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

Finder 22C 17C 18A 20D 25E 12F 17C 24C 18A 12D 22C 24C 17C 8E 23G 18D 18D 4C 22C 22C 22C 22C 25C 17C 17C 17C 17C 20C 11C 19C 19C 14E 22e 12E 12E 25D 17B 13C 18c 18c 23G 24C 24C 24C 16A 12F 12F 12F 24C 22F 19C 19C 19F 22F

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

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 Sail Condominiums Lago Humber Mews Harmony Village Terrace on Danforth Waterscapes 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 The KIP District Key West Condominium Royal York Urban Towns Centro Dwell City Towns Eleven Superior Watermark Joy Condos Encore Triumph at Valhalla Parc Nuvo at Essex West Village IQ Condos Phase 2 Vivid Condos Connexion at Islington Westwood Condominiums Avani At Metrogate Avani 2 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 Opearl Developments Monarch Corporation Menkes Developments Inc. Citycore Liberty Development Corp. Monarch 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 Concert Properties Times Group Corp. ICON Homes Henderson Development Limited Menkes Developments Inc. Davies Smith Queenscorp Residences Gemterra Monarch Corporation Edilcan Development Corp. Tridel Corporation Tridel Corporation Remington Group Pemberton Group North Star Homes Alterra Homes/Finer Space Tridel Corporation 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 13 18 22 23 28 39 1 2 3 3 4 5 6 7 7 9 10 10 11 12 13 14 15 16 17 19 20 21 24 25 26 29 34 35 44 46 50 50 51 55 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 IFC 23F sailcondos.ca • from $200,000 93 2C 416-495-3544 • from $250,000 Insert 25c 416-259-2525 • from $550,000 Insert 20H 416-493-0123 • 88 2C 416-987-7575 • from $260,000 37 2G 416-495-3544 • from $400,000 Insert 26H 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 thekipdistrict.com • from $233,000 22F keywesttorontocondo.com from $320,000 25H 416-901-0206 • from $220,000 24H 416-296-1898 • from $185,000 5D 416-259-2525 • from $390,000 20F 416-259-8882 • from $300,000 24H 416-354-2221 • from $350,000 23H joycondos.com • from $220,000 4c 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 416-239-8200 • from $250,000 23F northstarhomesinc.com • from $320,000 23F 416-239-9888 • from $250,000 23F 416-293-5535 • from $240,000 4C 416-293-5535 • from $220,000 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

103

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waterfrontmaps: Toronto

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

104

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

• from $280,000

18 URBAN CAPITAL

RC3

416-862-0505

• from $220,000

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.

• from $250,000

Insert

14F

Insert

16F

45 16F

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

Price Range

Scug

Manvers

Page

Finder

Scugog

• from $400,000

Insert

416-495-3544

• from $300,000

Insert Newcastle 24c

• from $320,000

W Rd

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La ke sh

windcatcher development corp.

Atwater Condos

Stanton Renaissance

Oshawa

13B

1 406-7

25B

905-271-5038

• from $280,000

12C

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

5 Davies Smith

Hearthstone by the Bay

416-259-4466

•

24C

San Francisco By The Bay

905-831-3631

• • from $180,000

23J

Watermark

416-354-2221

19D

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

Phillip M

416-495-3544 48

Whitby

• from $350,000

Park Rd S

TH* C*

Lake

Bloor St

Whitby 7 Waterfront

Stevenson Rd

W entworth St

Lindsay

Uxbridge

Gibb St

Park Rd S

King St WBond St

Thornton Rd

Blair St

401

AdelaideAve

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

Centre St.

Garrard Rd Kendalwood R

Manning Rd

Hopkins St

Brock St S Henry St Gordon St

Garden StBlair St

Dundas St E

King

Schomberg

Rossland Rd

waterfrontmaps: GTA

ia lD r

on Ce re m

W Rd

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

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th o am

Anderson St

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Dryden Bv

Cochrane St

Telephone

416-503-3328

*TH: Townhomes, C: Condo

Stevenson Rd

Taunton Rd W

Town of Whitby

Ajax-Whitby

Eau Du Soleil - Waterfront Condominiums

25 queenscorp residences

To Os

Thornton Rd

Brock St N

McQuay

Townline Rd

Garrard Rd

Thickson Rd

Garden St

Baldwin St S

Country Lane

Conlin Rd

Rossland Rd

Cannington

28 empire communities

chestnut hill development

Stevenson Rd

Baldwin St N

RoyalYork Rd

Park Law n Cedarbrook T

Du ffs Rd

Ashburn Rd

Cochrane

Coronation R

Lakeridge Rd

Keswick

Bradford Tecumseth and Waterscapes Tottenham

Country Lane

Halls Rd N

Georgina

400

9 Riva Del Lago

Church St E

Bayly St E Georgina Island 33 caygeo Bob

East Gwillimbury Further North Waterfront

Adjala

18 Monarch Corporation

Lake Ridge R

Mono

Audley Rd

Shelburne

Audley Rd

11 Monarch Corp.

Sim

Alliston,

Beeton, Site

orth D r

Builder

d llR Mi

400

Hwy 5

Essa

W estney Rd S

Tosorontio Everett

8 Con

Lakeshore Blvd E

e 401

Shoal Point Rd

Montgomery F

H orner Ave Rossland/Winchester R

Pickering Beach Rd

Angus

Barrie

W Taunton Rd Waterfront Etobicoke

Kingston Rd

Oro

Mara

Sunnidale Oakville Granite Court 90 Waterfront Lisle

Village of 28 Evans Ave G ardiner Expressw ay 5 Brooklin Q ueensw ay

Town of Ajax

Magill Dr

Finley A ve

Squires Beach Rd

SheppardAve Rd on 24 ingst K

Q EW

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

Delaney Dr

400

21 22

Brawley Rd Bloor St W

Salem Rd

Vespra 401

Columbus Rd

Fifth Conces 12 11 9

Harwood Ave

Stroud's

Wasaga Beach

D undas St W

Salem Rd

Glenanna Rd

Mississauga Taunton Rd E Waterfront Orillia

Rossland Rd

Myrtle Rd W Rathburn Rd

6 Concession

W estney Rd N

3 Concession

Greenwood Rd

Ke rr St

Bracebridge

W QE

tti ng 6 ill FinchhAve Ga te Highview Rd

Church St S

Ravenscroft

Oakville

400

Notion Rd Riverside Dr

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7 Concession

th ra

Church St N

ne Li

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5 Concession

Midlandd

Q EW

16 Sideline

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4 Concession d Dr For

Georgian Bay

Rd Thornbury

4 Sideline R

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Br gon

W Q ECa

16 Sideline

ol fe da le

8 Concession

4 Sideline

6 Sideline

Ce nt ra lP kw y H E ur on ta rio St

Brock Rd Brock Rd Brock Rd Brock Rd s R Oak or Sandy Beach Maj Valley Farm Rd n Rd io is Liverpool Rd Liverpool Rd at av St M le da Dixie Rd in Er Appleview Rd Fairport Rd uce Hill Spr Rd Rd ne ne Whites Rd Li Whites Rd Li 9 4 d y d lv Rd RRosebank w North kRd Nor e lB th Rd l n sP hi Li ill rc 8 Alt 32 MSideline hu Rd ona Altona Rd n d C i 32 Sideline Rd R n Er o ak ne st Li rlo r in 6 Bu W Rd

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105

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

THE ARBORS CONDOMINIUMS By Brookfield Residential

Now open: master-planned townhome community coming to Dundas Street East and Trafalgar Road. Web: Oakvillage.ca

Live an A-list lifestyle in an A-list location in Aurora. Register now for A-List Access to exclusive updates and your VIP Preview Invitation. Web: LiveArborsCondos.ca

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

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

106 NEW CONDO GUIDE JUN 20 - JUL 4, 2015

BLOCK NINE By Amacon Coming soon to the heart of Mississauga. Register now to secure your spot. Web: LifeatParkside.com

SENSES CONDOMINIUMS By Empire Communities 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

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

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

GTA Edition June 20 - July 4, 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 JUN 20 - JUL 4, 2015 NEW CONDO GUIDE 107

IN THE NEWS

Vandyk’s Craftsman condo officially breaks ground

perfect spring day was the appropriate backdrop at the official ground breaking ceremony for one of the GTA’s most successful condominium projects, The Craftsman Condominium Residences, being developed by Vandyk group of companies in the quaint Village of Clarkson in Mississauga. Over 100 guests attended the ground-breaking on June 4, held at The Craftsman’s beautiful sales centre and model suite located directly beside the site of the four-storey boutique condominium residence on Lakeshore Road West. Karen Ras, Ward 2 Councillor of Mississauga, shared some words about The Craftsman and the many great possibilities it brings to the community. “The Craftsman is a notable addition and an anchor to the Clarkson community,” said Ras. “It is the perfect example of how an established developer such as Vandyk can design a beautiful residential project and seamlessly incorporate it so that it enhances our very desirable community.” With almost 50 per cent of the residences sold prior to the ground breaking, The Craftsman is one of the most acknowledged condominium success stories of the year. To celebrate the commencement of construction ahead of schedule, Vandyk is offering “Incentives ‘Crafted’ For You”, two special incentive packages ideal for first-time homebuyers and downsizers, for a limited-time only. The First-Timer Package is a great option for those who are ready to own their first home but just require a little kick-start to cover the immediate costs. This package 108 NEW CONDO GUIDE JUN 20 - JUL 4, 2015

offers a 10-per-cent down payment over one year, along with six months of free maintenance and a cap on metres and development charges. The Right-Sizer Package is suited to those who are ready to indulge in a carefree lifestyle and start enjoying the finer things in life. This package offers an extended deposit structure, $10,000 in Décor Dollars and a cap on metre and development charges. Inspired by the distinctive Arts and Crafts architectural style of the early 20th century so favoured by legendary architect Frank Lloyd Wright, The Craftsman features timeless exterior facades featuring clean, straight lines and angles enhanced by the texture of stone, glass and glazing. Suites at The Craftsman are larger than average, with nine-ft. ceilings, floor-to-ceiling windows for an infusion of natural light, the finest finishes, flexible and efficient floor plans and spacious balconies which become an extension of living space. A full range of amenities that promote a healthy, active and socially engaged lifestyle are included at The Craftsman. The Clarkson Club is an interior lounge with an indoor/outdoor fireplace as well as a fully equipped catering kitchen and private dining room. There is also a state-of-the-art fitness centre and yoga studio, gardening/ hobby room and rooftop terrace affording stunning views of the mature, natural neighbourhood. “The Craftsman’s architectural style is something Vandyk embraces,” says John C. Vandyk, president and CEO, Vandyk group of companies. “I have designed my own home after the Frank Lloyd Wright style and I had long envisioned a residential condominium that would fit perfectly within the outstanding natural environment of the Village of Clarkson. I know The Craftsman achieves that objective and it is a project we are all extremely proud of.” Vandyk’s “Incentives ‘Crafted’ For You” expires on June 30, 2015. To take advantage of the limited-time offer, available for select suites, visit The Craftsman’s sales centre and model suite, located at 1601 Lakeshore Rd. W. in Mississauga. Hours of operation are Monday to Thursday from noon to 7 p.m.; Friday and Sunday from noon to 5 p.m.; and Saturday from 11 a.m. to 5 p.m. For more information, visit craftsmancondo. com or call 905.823.4044 to speak to a Vandyk sales representative.

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.

JUN 20 - JUL 4, 2015 NEW CONDO GUIDE 109

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d W al

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21 22

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AMACON

Site

Telephone

TH* C*

Price Range

Page

Finder

Block Nine

905-273-9333

•

20L

34 Pinnacle International

Pinnacle Uptown

905-568-9000

•

19K

Vandyk Communities

The Craftsman

from $310,000

21N

Windcatcher Development Corporation

Atwater Condos

905-271-5038

•

from $280,000

24L

The Clairington

905-793-0002

•

from $230,000

16E

3 Castleridge Homes

craftsmancondos.com

from $250,000

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

Empire Communities

Senses Condominiums

905-845-7246

•

from $230,000

17Q

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

47 The Daniels Corporation

Daniels Erin Mills

905-306-6996

•

from $250,000

17M

*TH: Townhomes, C: Condo

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

villecondos.ca

•

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

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

111

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

East

Site

H w y.27

Varley

Wyview Group

Unionville gardens

Telephone

TH* C*

905-604-1477 unionvillegardens.com

•

Town of Markham

7 407

11 Concess ion R

n de Al

14 Ave

Bullock D r Hw y 7

10 Concess ion R

Builder Tribute Communities

Tow n of Oshaw a

9 Line

Key Maps

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

Steeles Ave E

M cCow an Rd

404

A ldergrove D r

16 Ave Carlton Rd

407

404

John

Kennedy Rd

Cachet Pkw y

Ave

18 Ave

W arden Av e

16th Ave.

Elgin M ills Rd

W oodbine

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

Leslie St

A ve

Clark Ave W

Steeles Ave W

112

rn Strathea

Centre St

24 1 13

Thornhill H enderson Av e

407

Yonge St

N ealD r

e Av

d St

n to

43 10 33

D enham D r

ng Isli t nce S Clare Kipling Av e

g 407

41 26

W eldrick Rd W

Langstaff Rd

404

M ajor M acKenzie

401

19 Ave

Elgin M ills Rd

Richmond Hill

Rutherford Rd

400

Yorklan

Regent St M illSt

Maple

19th Ave.

401

G am ble Rd

Bathurst St

D ufferin

Keele St

H untington

M ajor M ackenzie

ff Rd Langstaf

Jefferson Sideroad

Teston Rd

400

Jane St

Kirby Rd

N ashville Rd

W eston Rd

Pine Valley

Cold Cree k Rd

12 Line Rd

King-Vaughan Rd

Tow n of Ajax

City of Pickering

Yonge St

Bayview Ave

King Rd

Tow n of W hitby

Bloom ington Sideroad

21 22

Markham

D enison St

Price Range

Page

Finder

from $520,000

19F

•

18F

10g

13 Liberty Development Corp.

Legacy Park

905-731-8302

•

from $265,000

32 Liberty Development Corp.

Royal Gardens

905-889-9997

•

from $303,000

15F

43 Guizzetti Developments

Grand Palace

905-907-4370

•

109

12E

44 Liberty Development Corp.

Centro Square Condos 2

905-851-8877

•

from $399,000

Monarch Corporation

Garden Court

416-495-3595

•

from $400,000

16D

Flato Development

Arthouse Condos

905-554-8722

from $200,000

22D

Tridel Corporation

Renaissance of Richmond Hill

416-736-9500

Lindvest

Grand Cornell Brownstones in Markham

905-294-6161

Armour Heights Developments

The Sorrento

289-637-1777

MintoUrban Communities Inc.

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 $740,000

14E

from $340,000

23F

•

from $390,000

13B

•

from $369,000

12F

from $250,000

12E

•

from $250,000

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

HOMEBUYERS’ HELP

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

JUN 20 - JUL 4, 2015 NEW CONDO GUIDE 113

HOMEBUYERS’ HELP

Calculate your mortgage payments interest rate

amortization period

chart figure

mortgage amount ÷ 1,000

monthly payment

EXAMPLE: 5%

25 YEARS

5.82

125 (MORTGAGE AMOUNT $125,000)

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

03 Choose your desired

04 At the intersection of

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

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

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

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

114 NEW CONDO GUIDE JUN 20 - JUL 4, 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 JUN 20 - JUL 4, 2015 NEW CONDO GUIDE 115

Ontario’s best source of real estate information to

buy, rent, sell or renovate [ 4-WEEK ISSUE ]

June 13 - 27, 2015 Volume 23 Issue 12

June 20 - July 4, 2015 Volume 19 Issue 13

May 23 - June 6, 2015 Volume 18 Issue 10

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Eastern Ontario Edition

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INSIDE THIS ISSUE

DOES IT PAY TO PURCHASE ON A HIGHER FLOOR?

PEDESTRIANS DRIVING THE CAR-FREE CONDO TREND

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INSIDE THIS ISSUE

BUILDING COMMUNITIES WHERE YOU CAN LIVE, WORK & PLAY

MAKING YOUR MOVE A SMART ONE

PRICE GAP BETWEEN LOWRISE & HIGHRISE WIDENS FURTHER

INSIDE THIS ISSUE

GRIMSBY: WHERE NATURE AND DEVELOPMENT CO-EXIST

BUILDERS APPROVE OF INFRASTRUCTURE PLANS

LONDON’S FIRST NET-ZERO HOME

INSIDE THIS ISSUE

SWIMMING POOLS: COOL CHOICE OR WAY TO GET SOAKED?

HOW PLANNING LAWS ARE AFFECTING OTTAWA

WHY SIZE DOESN’T MATTER FOR NEW-HOME OWNERS

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WINTER 2015 EDITION FREE

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

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五月十六日至六月二十日 / May 16 - Jun 20, 2015 Volume 4 Issue 4

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THE GUIDE TO BUYING AND MANAGING YOUR FIRST HOME

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A TWIST ON DINING with chef

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DISHES ON DECOR TRENDS, HIS FAVOURITE SHOPS IN T.O. AND MORE! A SPECIAL ADVERTISING SUPPLEMENT

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Colours: CMYK

Built: 25/02/2015 - KA

2015 Home Builders’ Annual

HIGHLIGHTING THE

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Highlighting the top builders and developers across the GTA

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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:

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EXPERT ADVICE Top tips to guide you through the homebuying process

Why pre-construction Taunton Taunton condo investments pay off

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THE ALLURE OF LUXURY CONDO LIVING

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2015 MODEL SUITE CALENDAR

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

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

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SILVERGATE HOMES

PEMBERTON GROUP PRIMONT HOMES

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12/1/14 10:59 AM

HOMEBUYERS’ HELP

Compare mortgage rates for your best deal CHARTERED BANKS

Variable

ATB Financial

2.35

Alterna Svgs/Alterna Bk

2.45

Bank of Montreal

2.85

Bank of Nova Scotia

2.85

Canadian Western Bank CFF Bank CIBC

2.85

ICICI Bank Canada Manulife Bank

2.9 2.55

6 Months 4 4.00op 4 6.30op 4 6.30op 4.55 6.45op 4 6.45op

6.70op

National Bank

n/a

President’s Choice Financial Royal Bank

2.5 2.85

TD Canada Trust

2.85

4.45 4.4 6.70op

6.30op

1 Year

3 years

4 years

5 years

2.64 4.00op 2.85

2.54

2.69

2.74

2.39

2.94

2.68

2.84

3.39

3.89

2.74

3.09

3.39

3.89

4.49

3.04

3.65

4.2

4.74

2.79 2.84

2.49 3.55

2.89 2.69

2.69 4.79

3.65 2.94

3.64 2.84

3.69 2.79

2.84

3.39

2.74

2.84

2.29 3.04

3.49 3.65

2.67 4.39

4.44 4.64

2.24

3.39

3.89

2.74

3.19

3.24

3.49

3.69

3.14 2.89 6.30op 3.35 6.30op 2.69 3.14 6.30op 3.29 6.50op

3.25 2.59

3.95 3.39

4.39 3.89

4.64 4.64

3.5

3.7

4.3

4.35

2.35 3.09

2.39 3.39

2.59 3.89

2.59 2.99

3.09

3.39

3.89

4.49

3.1

3.33

3.65

3.13

2.89

2.95

2.99

2.69

2.19 2.59

2.34 2.69

2.54 2.84

2.69 2.69

2.69

2.89

2.79

2.89

3.09

3.39

3.89

4.74

2.9

3.4

3.9

4.45

3.09

3.55

3.29

2.69

2.85

2.95

3.05

3.15

2.55

2.65

2.94 4.00op 2.85 6.30op 2.89 6.30op 3.29 6.50op 3.14 6.30op 2.99 1.99 6.35op 3.15 3 3.35op 2.89 6.70op 3.14 6.30op 2.89 6.30op

2 years

Tangerine 2.85 TRUST COMPANIES Community Trust Concentra Financial

n/a n/a

Effort Trust

n/a

Home Trust Company Investors Group Trust

2.35 n/a

MTCC

2.85

6.5 5 6.70op 4.45 6.30op 3.95 4.2 6.50op 4.55 6.45op

OTHER FINANCIAL INSTITUTIONS Airline Financial C.U.

Comtech Credit Union

2.45

First National Fin. LP FirstOntario C.U.

2.85

IC Savings

2.85

London Life

n/a

Luminus Financial

2.8

Meridian Credit Union

2.65

Parama Credit Union

2.65

Steinbach Credit Union

2.4

6.2 6.40op 3.1 6.34op 6.15 6.50op 4.2 6.50op

3.01 6.25op 2.89 6.30op 2.29 2.89 6.34op 2.89 6.50op 3.14 6.30op 2.95 6.25op 3.09 6.30op 2.8 2.95op 2.45

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

JUN 20 - JUL 4, 2015 NEW CONDO GUIDE 117

index of advertisers 45 Charles Ltd. - Chaz Yorkville Condos

Liberty Development Corp. - World on Yonge

AMACON - Block Nine

Lifetime Developments - The Bond Condominiums

AMACON - Model suite of the Month

Luxury Living Magazine - Promo

Aragon Properties - Enigma on the Park

Aspen Ridge Homes - Studio on Richmond

Baywood Homes - TEN93 Queen West

Bazis Inc. - No1 Yorkville

Brandy Lane Homes - The Station

Brookfield Homes - The Arbors

Camrost - Felcorp - Blue Diamond at Imperial Plaza

Madison Homes - Briar Hill

37 5 98 56-57

Madison Homes - Zigg St.Clair West

Malibu Investments Inc. - Smart House

Menkes Developments Inc. - 365 Church

Insert

Menkes Developments Inc. - 87 Peter

Insert

Menkes Developments Inc. - Fabrik

Insert

Menkes Developments Inc. - Gibson Square

Insert

Canalfa Group - Liberty Central by the Lake - Phase One

Canalfa Group - Liberty Central by the Lake Two

Menkes Developments Inc. - Harbour Plaza

Insert

Capital Developments - Corporate

Menkes Developments Inc. - Humber Mews

Insert

Carttera - One Eleven Condominiums & Lofts

Menkes Developments Inc. - Pears on the Avenue

Insert

Castle Group Developments - Vida at Bayview Village

Menkes Developments Inc. - The Eglinton Yonge at Heart

Insert

Citycore - Harmony Village

Mobile App - Promo

Concord Adex - Omega On The Park Cresford Development Corp. - CASA 2

28-29 120/IBC

Dundee Kilmer Developments - Canary Park Condominiums

Eden Shaw - Chaz Yorkville Condos

ELAD Canada - The Colours of Emerald City

Empire Communities - Eau Du Soleil Waterfront Condominiums

6-7

Family of magazines - Promo

116

74 & 119

Monarch Corporation - Lago

Insert

Monarch Corporation - Picasso on Richmond

Insert

Monarch Corporation - Riva del Lago

Insert

Monarch Corporation - Waterscapes

Insert

Opearl Developments - Sail Condominiums

Pemberton Group - Citylights on Broadway

Pemberton Group - TEN93 Queen West

Pinnacle International - Pinnacle Uptown

Fieldgate Homes - Zigg St.Clair West

Freed - 150 REDPATH

Geranium Homes - Pace on Main

Plaza - Corporate

Ghods Builders Inc. - 5959 Yonge Street

Sorbara Group - Beacon

Great Gulf - Monde

Streetcar Development - The Southwood

Great Gulf - One Bloor Residences

The Daniels Corporation - Daniels Waterfront

Great Gulf - Pace

The Daniels Corporation - High Park Condominiums

Great Gulf - Yonge+Richmond

The Daniels Corporation - One Park Place South Tower

The Daniels Corporation - The Bartholomew Downtown East

Tribute Communities - Stanley

Tribute Communities - The College

Tribute Communities - Varley

Guizzetti Developments - Grand Palace

109

Harhay Developments - One Eleven Condominiums & Lofts

Lamb Development Corp. - East Fiftyfive

Lamb Development Corp. - The Harlowe

Lanterra Developments - Riverhouse at the Old Mill

Lanterra Developments - Teahouse

Lash Group of Companies - The Barrington Condominiums Flats

Liberty Development Corp. - Centro Square Condos 2

Liberty Development Corp. - Legacy Park

30-31

Insert

Tridel Corporation - Islington Terrace

IFC

Tridel Corporation - SQ2

Urban Capital - RC3

Urban Capital - Smart House

Liberty Development Corp. - Royal Gardens

Urban Capital - The Ravine

Liberty Development Corp. - Terrace on Danforth

Wyview Group - Unionville gardens

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Brand new name, same great app. Everything you need to know to buy your next home.

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JUN 20 - JUL 4, 2015 NEW CONDO GUIDE 119

THE SIGNATURE PENTHOUSE COLLECTION FROM UNDER $1 MILLION Live at the most exclusive address in the heart of Yorkville, mere steps to designer shopping, dining, art and culture. The Signature Penthouses at CASA II offer 360° unobstructed views and high-end fi nishes including gas fi replaces, sleek Scavolini kitchens and top-of-the-line Gaggenau appliances. This is Yorkville’s ultimate luxury address. A sculptural 56-storey glass tower featuring 10 foot ceilings embellished with MissoniHome furniture.

CONDOMINIUM GALLERY

CASA2CONDOMINIUMS.COM 416.486.CASA (2272) BROKERS PROTECTED. PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. ILLUSTRATIONS ARE ARTIST’S CONCEPT. E. & O.E.

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Discover islington terrace, tridel’s new master planned condominium community just steps from the subway and minutes from islington Village plus the Kingsway on Bloor. Join us at our new Presentation Centre for the Grand Opening and tour the stunning designer model suite. Embrace the new spirit of living at Bloor and islington.

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. June 2015.

GRAND OPENING Suites priced from the mid $200â&#x20AC;&#x2122;s* Visit the New Presentation Centre 3326 Bloor Street West, Etobicoke (at islington) 416.645.8862

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GOOD

afternoon. DIsQOvER thE NEWEst ADDItION tO AlExANDRA PARk At sPADINA AND QuEEN

Discover SQ 2 – the second stage in a grand production that’s revitalizing one of toronto’s most iconic cultural landscapes. ideally located at Spadina and Queen, SQ 2 is master planned living, reimagined. With spacious suites overlooking the cityscape and new green spaces – discover a fresh take on life in the city.

cOmING sOON

Register now at tridel.com EIGht DEcADEs OF hOmE buIlDING. OvER 80,000 hOmEs buIlt. tRIDEl cOmmuNItIEs ARE buIlt GREEN. buIlt FOR lIFE.® 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. June 2015.

416.661.1949

tridel.com