Sept 13 - 27, 2014 Volume 18 Issue 17
COMING SOON
INSIDE THIS ISSUE
BUYING & SELLING AN INVESTMENT CONDO
EXPLORING TORONTO’S WATERFRONT
DESIGNER ADVICE: THE LOOK OF LUXURY
COMING SOON
tridel.com
COMING THIS FALL REGISTER NOW
A NEW TOWER AT THE BEST CORNER IN YORKVILLE
FROM THE MID $300’S
A NEW SIGNATURE RESIDENCE AT CUMBERLAND AND AVENUE ROAD IN YORKVILLE CUMBERLANDTOWER.COM/CG FO L LOW U S :
@CAMROST
C A M R O S T F E LCO R P
PRICES AND SPECIFICATIONS SUBJECT TO CHANGE. E.&O.E. ALL IMAGES ARE ARTIST CONCEPT.
BROKERS PROTECTED
EDITOR’S NOTE
REPUTATION COUNTS
SUSAN LEGGE EDITOR-IN-CHIEF
Wall2Wall Media Susan.Legge@wall2wallmedia.com Follow me on Twitter at Twitter.com/SusanLegge Like us on Facebook Search: Condo Guide
You’ve agreed 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 builder. It pays to check the reputation of the builder/developer before you sign on the dotted line. You can start by finding out how long the company has been in business by asking the sales representative or visiting the company’s website. Find out if previous purchasers are happy with their homes. Visit an existing community built by the company and talk to anyone you run into anyone during your tour. Naturally, you should spend some time visiting several different sales offices. 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 certainly 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 company, making that big decision will be a whole lot easier and more enjoyable.
GET MOVING! Whether this is your first move or your tenth, changing homes is a big step that often accompanies a major milestone in your life – going to university, getting married (or divorced!), the birth of a child, retirement, and surely there are some others in between. As if packing up your whole home wasn’t stressful enough, throw life into the mix and it’s enough to send some people running for the hills. Here are some tips, courtesy of the Canadian Association of Movers, to get your move started on the right foot:
LYDIA MCNUTT EDITOR
Wall2Wall Media Lydia.McNutt@wall2wallmedia.com Follow me on Twitter at Twitter.com/LydiasTweets
›› Find reputable movers through the Canadian Association of Movers, the Better Business Bureau, and Consumer Protection Ontario. ›› Ask three movers for estimates in writing. ›› Get the terms and conditions of your move in writing. ›› Ensure your goods will be protected in case of loss or damage. Moving is an exciting time, whether you’re heading across Canada or across the street. Don’t forget to enjoy the excitement of your new home, the prospects of a fresh start, and the endless possibilities awaiting you at your new place.
WISH UPON A BLUE DIAMOND
COMING SOON , BRILLIANT LIVING AT AVENUE & ST. CL AIR FROM THE $300’ S AT I M P E R I A L P L A Z A
Blue Diamond at Imperial Plaza, a new 27-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.
R EG I STE R N OW B lu E dIam O N dcO N dOS .c a Prices and specifications subject to change. E.&O.E. All images are artist concept.
SEPTEMBER 13 - 27, 2014 NEW CONDO GUIDE 003
NEW CONDO GUIDE
CONTRIBUTORS
PRESIDENT, WALL2WALL MEDIA
Jacqueline Hill EDITOR-IN-CHIEF / DIRECTOR OF CONTENT
Susan Legge DIRECTOR OF SALES, NATIONAL
Josh Heppner ASSOCIATE PUBLISHER SWO NEW HOMES & LIFESTYLE COMMUNITIES
Susan Maxwell ART DIRECTOR
Caroline Wassef 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
Sara Duck Wayne Karl Elisa Krovblit DESIGN EDITOR
Yanic Simard
SALES MANAGER
Conni Robinson SENIOR ACCOUNT EXECUTIVE
Dionne Fraser dionne.fraser@wall2wallmedia.com SENIOR ACCOUNT EXECUTIVE
Nina Downs nina.downs@wall2wallmedia.com
SALES & MARKETING CO-ORDINATOR
Terry Bassett ADMINISTRATIVE ASSISTANT
Antoinette Jackson PRODUCTION MANAGER
Bala Gnanapandithan PRODUCTION CO-ORDINATOR
Sandra Hanak-Vujnovic CONDO PRO
Barbara Lawlor Barbara Lawlor is president of Baker Real Estate Inc., and an in-demand columnist and speaker. A member of the Baker team since 1993, Barbara oversees the marketing and sale of condominium developments in the GTA and overseas.
STAT CHAT
INVESTOR ADVICE
Ben Myers is senior vice-president of Market Research and Analytics at Fortress Real Developments. Ben assists in evaluating the market and projects that Fortress engages in. Follow his blog and commentary on the Canadian housing market at fortressrealdevelopments.com/ news or follow him on Twitter at @BenMyers29
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
Ben Myers
Andrew la Fleur
GRAPHIC DESIGNERS
Viosa Barileva, Hannah Yarkony, Pierre Farhan and Sandra Hanak-Vujnovic
Published By
#500-401 The West Mall Etobicoke, ON M9C 5J5 T 416.626.4200 F 416.784.5867
Call 416.626.4200 for a dvertising rates and information. CIRCULATION Free distribution in select high-traffic street boxes, stores, banks, financial institutions and select condominium sales offices. COPYRIGHT 2014 All rights reserved by Wall2Wall Media. Reproduction in any form is prohibited. Contents of this publication are covered by copyright and offenders will be prosecuted under the law. TERMS Advertisers, editorial content and new condo guide are not responsible for typographical errors, mistakes or m isprints. All prices are correct as of press time and are subject to change without notice. E. & O. E. EDITORIAL submissions from interested parties will be considered. Email to susan.legge@wall2wallmedia.com. The views and data expressed by columnists do not necessarily represent those of the publication. ADVERTISING
FITNESS GALLERY
Mark J. Stables
Mark J. Stables is founder of Benchmark Group and Movement Haus. Working with hundreds of urban condominium dwellers, Mark has experience and insight into the design of condo fitness amenities and the way people use them. Visit online at movementhaus.com, benchmarkgroup.ca or call 416.428.3536.
MONEY MATTERS
STYLE FILE
Gail Vaz-Oxlade
Paul Semkuley
Gail Vaz-Oxlade is the host of Til Debt Do Us Part, author of Debt Free Forever and you can read her daily blogs at gailvazoxlade.com. Follow Gail on Twitter at twitter.com/ GailVazOxlade
Paul Semkuley is principal of re:source lifestyles, an interior decorating firm combining the love of art, fashion and design, dedicated to creating beautiful, distinct and uniquely personal interiors. For more information, visit resourcelifestyles.com.
004 NEW CONDO GUIDE SEPTEMBER 13 - 27, 2014
Please recycle this magazine! Wall2Wall Media participates in the Partners in Growth Reforestation Program through St. Joseph Communications. To date, Partners in Growth has planted over 2.5 million trees in parks, recreation and conservation areas, and other public spaces across Canada. Established in 1990, this program was started with Scouts Canada to help replenish the environment.
1 address... endless possibilities
CONDOMINIUM RESIDENCES AT YORKVILLE & YONGE STEPS TO SUBWAY AND PATH ONE BEDROOM SUITES STARTING FROM $388,000
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.
SEPTEMBER 13 - 27, 2014 NEW CONDO GUIDE 005
LIVE YOUR FANTASY COMING SOON NEW RELEASE OF FABULOUS WATERVIEW SUITES INCLUDING THE TERRACE COLLECTION! Where city meets water and fantasy meets reality, an extraordinary vision of lakefront luxury takes shape. Eau Du Soleil Condominiums, Toronto’s ultimate waterfront address, with endless city and lake views, luxurious suite designs and inspired resort-style amenities.
NEW RELEASE. NEW DESIGNS. LUXURY WATERFRONT LIVING FROM THE MID $300’S* REGISTER NOW TO BE THE FIRST ON THE LIST!
EAUDUSOLEILCONDOS.COM *PRICES, SIZES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. RENDERING IS ARTISTS’ CONCEPT. EXCLUSIVE LISTING BROKERAGE TFN REALTY INC. BROKERS PROTECTED E.&O.E.
SEPTEMBER 13 - 27, 2014 NEW CONDO GUIDE 007
IT’S ALL ABOUT LUXURY, CHOICE & YOU
Incredible choice. Unbeatable offers. Now is the best time to choose a Pemberton Group condominium. From Oakville and Mississauga to Richmond Hill and Toronto, Pemberton offers an array of suite designs and prices to suit your needs. Whether you’re a first-time buyer, moveup family or looking to downsize, you’ll find a condo that is just right for you. Call or visit one of our Sales Centres today and take advantage of exciting, limited time offers.
PEMBERTONGROUP.COM 905.326.4100 Exclusive Listing Brokerage, Circle M Realty Corporation, Brokerage. Brokers Protected. Illustrations are artist’s concept. Prices and specifications are subject to change without notice. E. & O.E.
NON TRANSPARENT
416.987.8800
905.603.6300
905.799.5000
905.709.5700 TRANSPARENT
008 NEW CONDO GUIDE SEPTEMBER 13 - 27, 2014
905.709.5700
THE URBAN TOWNHOME COLLECTION | TORONTO
NEON | TORONTO
THE UPTOWN RESIDENCES | TORONTO
TEN93 QUEEN WEST | TORONTO
SKYCITY | RICHMOND HILL
416.987.7878
905.326.4100
VIVID | ETOBICOKE
U CONDOMINIUMS | TORONTO
BLUWATER | OAKVILLE
DOWNTOWN ERIN MILLS | MISSISSAUGA
416.546.6605
416.546.6605
416.239.8200
416.546.6355
SEPTEMBER 13 - 27, 2014 NEW CONDO GUIDE 009
BILD REPORT
// BY BRYAN TUCKEY
EDUCATING HOMEBUYERS
Bryan Tuckey is president and CEO of the Building Industry and Land Development Association (BILD) and can be found on Twitter (twitter.com/bildgta), Facebook (facebook.com/bildgta), Youtube (youtube.com/bildgta) and BILD’s official blog (bildblogs.ca).
T
he GTA is one of the fastest growing regions in North America. Each year, our population continues to increase by up to 100,000 new residents, all looking for a place to call “home.”
The seminar will be held on Saturday, Sept. 20 at the Fall Home Show, located at the Better Living Centre at Exhibition Place 010 NEW CONDO GUIDE SEPTEMBER 13 - 27, 2014
across the GTA
To accommodate this population growth, the Province of Ontario has tasked the building and development industry with building quality, complete communities that emphasize the intensification targets of its growth plan – Places to Grow. BILD members are experts in execution and have been successfully implementing these objectives for several years. As a result, condominiums have established themselves as the dominant housing type in the GTA over the last decade. Approximately 60 per cent of all new homes sold belong to the highrise sector. According to RealNet Canada, BILD’s official source for new home market intelligence, there are 215 highrise projects currently under construction across the GTA, of which 142 are located in the city of Toronto. To put that into perspective, that’s 54,179 new homes for GTA families. It’s worth noting that these homes are 87 per cent sold. In fact, a condo developer typically sells between 70 and 80 per cent of the units before breaking ground. What’s really interesting about these new condominiums is the effect they have on the local economy. A condo tower is more than just a home for hundreds of GTA families. Each new condominium project creates up to 500 jobs for GTA residents working in construction and related fields. These jobs include bricklayers, plumbers and electricians, as well as architects, planners and lawyers. Next time you find yourself in a waiting room or on a train, take a look around you. It is quite likely that at least one of the people sitting beside you or across from you is employed by the building and development industry. Those are just a few interesting facts about condominiums. If you want to learn more, you’re in luck. BILD is holding a seminar to help educate condo buyers about the realities of the highrise market. The seminar is called the Condo Buyer’s Survival Guide, and will be moderated by Erin McCoy from The Real Estate Talk Show. It features her co-host and real estate expert Simon Giannini, RenoMark renovator and our Renovator of the Year Brendan Charters of Eurodale Developments, and interior designer Glen Peloso. Our expert panelists will offer an analysis of the GTA’s condo market, top condo renovations to add value to your investment, great modern designs for small spaces and much more. The seminar will be held on Saturday, Sept. 20 at the Fall Home Show, located at the Better Living Centre at Exhibition Place. Admission is free if you register in advance, and attendees are welcome to enjoy the Fall Home Show following the seminar. To register online, visit realestatetalkshow.ca and click on the Seminars tab, then look for the Fall Home Show logo. I hope to see many of our readers there.
SPECIAL SUITE OF THE MONTH PROMOTION CONTINUES
2 BEDROOM SOUTHAMPTON SUITE
ONLY A FEW
LUXURY SUITES LEFT
1137 SQ. FT. *In addition to the current promotion
GET AN EXTRA $10,000 OFF! *ONLY 5% DEPOSIT REQUIRED UNTIL YOU MOVE IN!
ALL SUITES
4 CASH OFF %
FOR A LIMITED TIME, RECEIVE FREE UPGRADES AND
$10,000
• VISIT OUR SALES CENTRE & 4 DECORATED MODEL SUITES • MOVE IN 60-150 DAYS!
JANE STREET
SITE RD. ILL DM OL OLD MILL INN
OLD MILL DRIVE
Exclusive Residences from the $500’s to over $1.6 million
30 OLD MILL ROAD, TORONTO MONDAY - WEDNESDAY: 12PM - 6PM SATURDAY & SUNDAY: 12PM – 5PM, THURSDAY, FRIDAY & HOLIDAYS: CLOSED
BLOOR STREET WEST
SITE
D. LR MIL
JANE STREET
416 766-7343 www.riverhousecondos.ca OLD MILL DRIVE
IN BONUS SAVINGS
D *Deposit structure: $5000 theMILL offer,INN balance to 5% in 30 days, balance to 20% on occupancy. SOUTHAMPTON AND OLD OLwith NOTTINGHAM ONLY, BALANCE TO 10% ON OCCUPANCY. ** Free Upgrades may vary depending on suite plan. *Please speak to Sales Representative for full details. Exclusive Listing Broker Milborne Real Estate Inc. Brokers Protected. BLOOR STREET WEST 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. Illustrations are artist’s concept. E.&O.E.
SEPTEMBER 13 - 27, 2014 NEW CONDO GUIDE 011
TABLE OF CONTENTS
Sept 13 – 27, 2014 VOLUME 18 ISSUE 17
20
ISLINGTON TERRACE:
Tridel launches new masterplanned community at Bloor and Islington
COLUMNS, NEWS & FEATURES
002 EDITOR’S NOTE COLUMNISTS
010 BILD REPORT Educating homebuyers across the GTA BY BRYAN TUCKEY
018 CONDO PRO Add “reputable builder” to your must-have list BY BARBARA LAWLOR
032 INVESTOR ADVICE The risks and rewards of pre-construction condominiums BY ANDREW LA FLEUR
033 STAT CHAT Lots of people are buying investment condos. Should I? BY BEN MYERS
034 LEGALLY SPEAKING Financing, and what happens if it goes wrong BY JAYSON SCHWARZ
038 TAXING ISSUES Selling your investment condo
BY HENRY CHOO CHONG
052 QUICK TIPS A dose of reality
BY HELLEN BUTTIGIEG
056 FITNESS GALLERY Crash course on fitness facility etiquette BY MARK J. STABLES
058 DESIGNER ADVICE A touch of luxe BY YANIC SIMARD
062 TARION REPORT All new homes in Ontario come with a warranty BY HOWARD BOGACH
088 MAKE YOUR MOVE When moving, everyone wins playing by the rules BY CHUCK RESNICK
IN THE NEWS
014 CMHC REPORT August housing starts 050 PRK DEVELOPMENTS University Suites brings innovative architecture to Kingston’s Queen’s University 070 TRIUMPH DEVELOPMENTS Exciting new incentive offered at Howard Park 2 Condominiums 084 BANK OF CANADA Bank of Canada holds rate at one per cent
040
054
CONDO PROFILES
124
026
GREAT GULF
Yonge + Rich Spectacular City Suites at Yonge + Rich
040
THE DANIELS CORP.
Daniels Erin Mills Wellbeats pulses with innovative fitness opportunities at Daniels Erin Mills
064
054
LAMB DEVELOPMENT CORP.
The Harlowe The Harlowe: Right at home
064
026 076
097
THE ROCKPORT GROUP
The Nest The Nest on St. Clair West in Hillcrest Village starts construction!
076
MADISON HOMES & FIELDGATE HOMES
Zigg Zigg, a new look for Forest Hill 110 LASH GROUP Cloud9 is one singular sensation HOMEBUYERS’ HELP
016 HOT DATES What’s happening in and around the GTA 022 MARKETPLACE Copper versus gold BY SARA DUCK
046 MONEY MATTERS The lost art of saving BY GAIL VAZ-OXLADE
066 STYLE FILE Spa-licious
BY PAUL SEMKULEY
078 FINANCES Household debt up six per cent to $76,140 082 AROUND THE HOUSE Favourite fall finds at the Toronto Home Show BY TINA HOLMES
086 BUILDER PROFILE 10 minutes with Easton’s Steve Gupta 094 STYLE FILE Habitat for Humanity Toronto GTA Upcycle Challenge: Stylized
096 CONDO WATCH 416 Previews, new releases and grand openings in the 416 106 NEIGHBOURHOOD PROFILE Discover the new Toronto Waterfront BY ANTHONY JONG
118 CONDO WATCH 905 Previews, new releases and grand openings in the 905 137 CONDO BUYERS’ RESOURCE SECTION 142 ADVERTISER INDEX
097
SORBARA GROUP
Beacon Beacon raises the bar on livable luxury in North York
124
GERANIUM HOMES
Pace on Main Boutique living on Main Street, Stouffville
CMHC REPORT
AUGUST HOUSING STARTS HOUSING STARTS IN THE TORONTO CENSUS
Metropolitan Area (CMA) trended lower at 30,093 units in August compared to 32,449 in July, according to Canada Mortgage and Housing Corp. (CMHC). The trend is a six month moving average of the monthly seasonally adjusted annual rates (SAAR)1 of housing starts. “A decrease in apartment starts lowered the total starts count in August, following elevated activity during the previous month. Such variations are a common occurrence in highrise construction and not suggestive of a long term trend. Most apartment starts occurred outside the downtown core, pointing to the rising popularity of highrise homes in suburban neighbourhoods,” says Dana Senagama, CMHC’s Toronto senior market analyst. CMHC uses the trend measure as a complement to the monthly SAAR of housing starts to account for considerable swings in monthly estimates and obtain a more complete picture of the state of the housing market. In some situations, analyzing only SAAR data can be misleading in some markets, as they are largely driven by the multiples segment of the markets which can be quite variable from one month to the next. The stand-alone monthly SAAR was 24,113 units in August, down from 38,405 units in July. The decrease is mainly attributed to lower starts in the multi-unit segment. Markham recorded the highest number of starts in August mainly due to more apartment starts. Oakville recorded the second highest number of high rise starts. The City of Toronto had less starts activity, mainly due to fewer apartment starts. 1 All starts figures in this release, other than actual starts and the trend estimate, are seasonally adjusted annual rates (SAAR) — that is, monthly figures adjusted to remove normal seasonal variation and multiplied by 12 to reflect annual levels. By removing seasonal ups and downs, seasonal adjustment allows for a comparison from one season to the next and from one month to the next. Reporting monthly figures at annual rates indicates the annual level of starts that would be obtained if the monthly pace was maintained for 12 months. This facilitates comparison of the current pace of activity to annual forecasts as well as to historical annual levels.
014 NEW CONDO GUIDE SEPTEMBER 13 - 27, 2014
TORONTO CMA HOUSING STARTS THOUSANDS OF STARTS
80 70 60 50 40 30 30.1 24.1
20 10 AUGUST 2012
AUGUST 2013
AUGUST 2014
Housing starts, SAAR Housing starts trend line (six-month moving average)
PRELIMINARY HOUSING START DATA AUGUST 2014 Toronto CMA1
July 2014 August 2014
Trend 2 32,449 30,093 SAAR 38,405 24,113 Canada August 2013 August 2014 Actual
August — Single-detached
758
834
August — Multiples
2,660
1,209
August — Total
3,418
2,043
January to August — Single-detached
6,161
5,681
January to August— Multiples
15,226
15,323
January to August — Total
21,387
21,004
Source: CMHC 1 Census Metropolitan Area 2 The trend is a six-month moving average of the monthly seasonally adjusted annual rates. Detailed data available upon request
As Canada’s national housing agency, CMHC draws on more than 65 years of experience to help Canadians access a variety of quality, environmentally sustainable and affordable housing solutions. CMHC also provides reliable, impartial and up-to-date housing market reports, analysis and knowledge to support and assist consumers and the housing industry in making informed decisions.
A L R E A D Y
U N D E R
C O N S T R U C T I O N !
It all adds up to you at HighPark Condominiums.
INCREDIBLE
CASH BACK INCENTIVES*
+
+ ONLY 5%*
SOPHISTICATED FINISHES
DOWN!
+
DOG SPA
+
FREE MAINTENANCE* FREE PARKING* FREE LOCKER*
+ HIGH PARK
= The outstanding amenities, nearby shops and restaurants in Bloor West Village and, of course 399 acres of Toronto premier park – put them together and you’ve got your dream home in Toronto’s most desirable neighbourhood. Simply do the math and learn why now it’s easier than ever to make HighPark Condominiums your new home. Suites from
$299,900
Do the math & call
416.351.1844 danielshighpark.com
PRESENTATION CENTRE: 2150 Bloor St West Mon, Tues and Thurs: 12-6pm / Wed: 12-8pm Sat, Sun and Holidays: 12-5pm / Fri: closed *The HighPark program is only available on selected suites. Parking incentive only available on suites over 535 sq. ft. 5% deposit program available on a limited number of suites. Free maintenance is only available for one year. Limited time offer. Conditions apply. See Sales Representative for full details. Exclusive Listing: CityLife Realty Ltd, Brokerage. Brokers Protected. Prices, specifications and programs are subject to change without notice. Illustrations are artist concept. E. & O.E
SEPTEMBER 13 - 27, 2014 NEW CONDO GUIDE 015
HOT DATES
SEPTEMBER 2014 Calendar of events taking place from September 13 – 27
HIGHLIGHTS
UNTIL SEPT. 14
Toronto International Film Festival SEPT. 14
Terry Fox Run for Cancer Research
Until Sept. 14
Sept. 14
Toronto International Film Festival
Terry Fox Run for Cancer Research
VARIOUS VENUES IN TORONTO
VARIOUS LOCATION ACROSS CANADA
The world’s largest public film fest brings more than 300 films and a slew of cinema-inspired events taking place across the city. For more information, a list of films and venues, and for tickets, visit the website, drop by TIFF Bell Lightbox located at Reitman Square, 350 King St. W. or call 416.599.TIFF. tiff.net
Follow in the footsteps of Terry Fox and help raise awareness and funds for cancer research. Walk, run, wheel or ride with thousands of others at this annual, nation-wide event. No entry fee, no minimum pledge required. Visit online for a list of sites and to register. terryfox.org
SEPT. 12-20
Toronto Beer Week
SEPT. 18-21
Toronto Fall Home Show
016
Sept. 12-20
Sept. 18-21
Toronto Beer Week
Toronto Fall Home Show
VARIOUS LOCATION ACROSS TORONTO
BETTER LIVING CENTRE, EXHIBITION PLACE
Beer-lovers, your time has come! Toast this bubbly golden brew with nine days of events featuring more than 30 craft breweries hosted by over 55 bars and restaurants around the city. Visit online for additional info and a list of participating breweries. torontobeerweek.com
The Toronto Fall Home Show is the place for all things “home.” From renovating and decorating, to thousands of great new products, professional advice and even some celebrity sightings, there’s lots to see and do at this annual show. fallhomeshow.com
first first pick. pick. Like Like your your morning morning trip trip toto the the local local market market forfor first first pick pick ofof fresh fresh produce, produce, Monarch Monarch too too has has been been a tradition a tradition toto many many since since 1917. 1917. For For thousands thousands and and thousands thousands ofof Canadians, Canadians, choosing choosing Monarch Monarch has has been been central central toto soso many many important important events events in in their their lives. lives. First First homes, homes, first first memories, memories, first first accomplishments, accomplishments, first first friends friends and and even even first first loves. loves. For For almost almost a century, a century, Monarch Monarch has has brought brought people people closer closer together. together. SoSo if you’re if you’re looking looking forfor a new a new condominium, condominium, trust trust the the oldest, oldest, strongest strongest and and most most respected respected name name in in Canadian Canadian homebuilding. homebuilding.
Choose ChooseMonarch. Monarch.First. First.
discover discovermore more
MonarchGroup.net MonarchGroup.net
first. first.
MONARCH COMMUNITIES ETOBICOKE WATERFRONT | Riva Del Lago | Now Open from the $300,000’s Sales Centre located at 2167 Lake Shore Blvd. W. 416-495-3544
ETOBICOKE WATERFRONT | Lago | Under Construction from the $200,000’s Sales Centre located at 2167 Lake Shore Blvd. W. 416-495-3544
ETOBICOKE WATERFRONT | Waterscapes | Move-in this Year from the $400,000’s Sales Centre located at 2167 Lake Shore Blvd. W. 416-495-3544
MARKHAM | Garden Court | Move-in this Year from the $400,000’s Appointment Only 416-495-3595
DOWNTOWN TORONTO | Picasso | Under Construction from the $400,000’s Appointment Only 416-495-3549 SALES CENTRE HOURS: Mon.- Thurs. 12pm - 6pm, Weekend & Holidays 12pm - 5pm, Closed Fridays
ALSO BUILDING LOW RISE COMMUNITIES IN: Kleinburg | Caledon | Ajax | Scarborough | Kitchener
discover more
MonarchGroup.net Prices, specifications and promotions are subject to change without notice. E.&O.E. 12426
first.
Thinking waterfront living?
Move-in this Year!
Think Monarch first. Monarch has 3 magnificent luxury condominiums on Etobicoke’s highly sought after Humber Bay Shore’s Waterfront. Imagine an early morning run along the Martin Goodman Trail. A romantic stroll at sunset. The waterfront’s lively lifestyle, minutes from Downtown Toronto and steps away from your stunning Monarch condominium. Discover a variety of suite choices – from studios to 2 bedroom + den styles. There is a home near the shore for everyone!
discover more
MonarchGroup.net *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.
MonarchGroup.net
ASK ABOUT OUR FANTASTIC INCENTIVES AND VISIT THE SALES CENTRE TODAY! Move-In This Year | Prices from the $400,000’s*
Under Construction | Prices from the $200,000’s*
Park Lawn Rd.
GARDINER EXPRESSWAY
SALES CENTRE 2167 Lake Shore Blvd. W.
Lake Shore Blvd. W
416-495-3544
Sales Centre Marine Parade Dr. Lake Ontario
Now Open | Prices from the $300,000’s*
SALES CENTRE HOURS: Mon.-Thurs. 12pm-6pm. Weekends & Holidays: 12pm-5pm.Closed Fridays
first.
IT’S MORE THAN A CONNECTION $15,000 CASHBACK
2-BEDROOMS AND LARGER
10% DEPOSIT
$3,000/MONTH RENTAL GUARANTEE FOR 2 YEARS ON 2-BEDROOM, NON-TERRACE SUITES
FREE ASSIGNMENT & CAPPED LEVIES PRESENTATION CENTRE
373 KING STREET WEST SUITE 302, TORONTO, ON. M5V 1J6
T E LE P H O N E : 416. 546. 7525 I N FO @ B O N D . C A | T H E B O N D . C A
SALES CENTRE HOURS S A T. & S U N. 12PM - 5PM OR BY A PPOINTM E NT
SEPTEMBER 13 - 27, 2014 NEW CONDO GUIDE 017
CONDO PRO
// BY BARBARA LAWLOR
ADD “REPUTABLE BUILDER” TO YOUR MUST-HAVE LIST
Barbara Lawlor is president of Baker Real Estate Inc., and an in-demand columnist and speaker. A member of the Baker team since 1993, Barbara oversees the marketing and sale of condominium developments in the GTA and overseas.
B
uying a new condo is a smart move in today’s real estate market, provided you do the “homework” that will ensure you get the most for your investment. Most purchasers research location, architecture, amenities and suite features. Looking into the reputations and track records of the builders you are considering is just as important. There are many ways to evaluate a builder’s trustworthiness. Industry longevity, for example, can offer you a high level of trust. If the company has been around for decades, obviously the principals have figured out ways to thrive during a variety of economic cycles. On the other hand, we have fine condominiums offered by newer building firms operated by professionals with many years of 018 NEW CONDO GUIDE SEPTEMBER 13 - 27, 2014
experience. Find out where the builders you are considering fall on this spectrum, and definitely look into their service records. One step you can take is to visit Tarion Warranty Corp.’s website at Tarion.com. Coverage by this warranty company is one of the top reasons for buying new over resale. Search a builder’s company name and find a snapshot of its warranty history. When you buy new, you want a builder you can rely on for excellent service before, during and after your move-in date. Read all you can about builders, including profiles and histories on their websites, in their sales offices and brochures. Drive by their completed communities and ask people you know whether they are familiar with the companies. Word-of-mouth means a lot in the new condominium market. I have to say that in the GTA, we are privileged to have wonderful choices from renowned local, national and international builders, and they are competing for your business by offering outstanding amenities, architecture, suite finishes and more. This bodes well for buyers, who find this kind of healthy competition benefits their purchase position through increased value. It also raises the bar for future development. Another clue to a builder’s reliability is how the sales representatives treat you. They are ambassadors for the builders, and should be willing and eager to answer all your questions.
A happy new condominium buyer is an educated one, and a little research into builders’ reputations goes a long way to helping you make the perfect choice So, be informed. Avoid the temptation to buy right away. Condominium choices are exciting, with gorgeous architecture, amazing amenities, space-maximizing suites, and lovely features and finishes. Take your time, shop around, consider all the variables and compare fairly. Plus, add a trusted builder reputation on your list of must-haves. At Baker Real Estate, we see buyers doing just that. They visit presentation centres several times before they buy, and they ask questions about everything, including the builders and developers. When you shop for a condominium, look at your potential purchase from every angle. Of course, location is always a priority, and price is a huge factor. You want the most value for your money including lifestyle amenities that fit in with your idea of fun. I always say that a builder’s past can have an effect on your residential future as well. A happy new condominium buyer is an educated one, and a little research into builders’ reputations goes a long way to helping you make the perfect choice.
NOW UNDER CONSTRUCTION
Condominium Residences at Yonge and Eglinton Direct subway access - Starting from the $360,000’s
ECONDOS.CA Presentation Office located at 2300 Yonge Street, Lobby - 416.243.8688
Prices and specifications are subject to change without notice. E. & O.E.
@BazisInc
SEPTEMBER 13 - 27, 2014 NEW CONDO GUIDE 019
COVER STORY
ISLINGTON TERRACE ADDS ANOTHER MASTERPIECE TO TORONTO’S
“VILLAGE OF MURALS” TRIDEL LAUNCHES FIRST OF THREE CONDOMINIUMS IN NEW MASTER-PLANNED COMMUNITY AT BLOOR AND ISLINGTON
until now. With the launch of our newest master-planned community, known as Islington Terrace, we’re planning on letting everyone in on the secret of this great neighbourhood.” Ultimately boasting three strikingly sophisticated, rectilinear, modern condominium towers designed by the award-winning firm of Kirkor Architects, Islington Terrace promises to be one of the most eagerly anticipated new condominium launches of the fall market. Priced from the mid-$200,000s, the first building being released by Tridel within this master-planned community will stand 45 storeys,
IN A CITY RENOWNED FOR ITS ARTS AND CULTURAL INSTITUTIONS, the GTA
has no shortage of venues in which to appreciate displays of artistic expression. While the city is famous for the Royal Ontario Museum, the Art Gallery of Ontario and the McMichael Gallery, among others, art lovers know they don’t have to stay indoors to satisfy their craving for art. In fact, one of this city’s most captivating ‘collections’ of art can be found painted on the sides of buildings throughout Islington Village. Known as the “Village of Murals,” the area features several blocks along Dundas West (between Islington and Kipling) lined with more than 20 hand-painted murals depicting real people, places and events from the neighbourhood’s past. “These colourful outdoor murals are an artistic representation of one of Toronto’s most special neighbourhoods,” says Jim Ritchie, senior vicepresident of sales and marketing at Tridel. “A quaint and charming community, Islington Village has been one of Toronto’s best-kept secrets, 020 NEW CONDO GUIDE SEPTEMBER 13 - 27, 2014
RESIDENTS WILL HAVE ACCESS TO OVER 50,000 SQ. FT. OF DESIRABLE INDOOR AND OUTDOOR AMENITIES dining area, while residents with children will be able to enjoy the dedicated outdoor children’s play zone (with splash pad). Indoor amenities include a Euro-style swimming pool, whirlpool, steam room and sauna, as well as a state-of-the-art fitness centre with spin room, yoga studio and basketball court. With so many amazing features, residents may never want to leave their home, but for those who do, “getting anywhere from Islington Terrace is easy,” says Ritchie, referring to the community’s ideal location. “Well served by major roads and highways, the prime location – adjacent to the Islington subway station – makes commuting to work or heading downtown for featuring elegant common spaces and efficiently a night out simple and convenient.” designed suites (finished to Tridel’s exacting standards) And for those who don’t want to venture too far to by the celebrated design firm of II By IV Design. meet their leisure and entertainment needs, the In a range of sizes (from 482 to 971 sq. ft.), suites surrounding Islington Village neighbourhood boasts are available in one-bedroom, one-bedroom-plus-den, 200 charming shops and restaurants, while more two-bedroom, two-bedroom-plus-den, and penthouse boutique-style shopping, chic bistros and theatres can layouts. Suites all boast premium plank laminate be found nearby along Kingsway on Bloor. flooring, sleek modern cabinetry, granite countertops, “With stunning design, thoughtful suite layouts, energy-efficient stainless steel finish appliances, deep desirable amenities, and unparalleled transit access, set soaker tubs and more. among the captivating images of the Village of Murals, Residents will have access to over 50,000 sq. ft. of Islington Terrace promises to be our next great desirable indoor and outdoor amenities, including a masterpiece,” says Ritchie. rooftop oasis with secluded lounging alcove, lush landscaping and open green spaces. The outdoor For more information on Islington Terrace, call terrace includes a private sun deck, pool and barbecue 416.645.8862, or visit tridel.com. SEPTEMBER 13 - 27, 2014 NEW CONDO GUIDE 021
MARKETPLACE
COPPER VS GOLD Decorating is all about choices! We show you how to instantly update your space with key pieces that suit your preferred style. // BY SARA DUCK
1
3
5
2
1
4
6
2
3
5
1. Penelope Table. $229. VISIT CRATEANDBARREL.COM
1. Atelier - Eclectic Metal Side Table. $200. VISIT BOUCLAIR.COM
2. Flatware. $30. VISIT CB2.COM
2. Gold Flatware Set. $39 for five-piece set. VISIT WESTELM.COM
3. Copper Moscow Mule Mug. $20 for two. VISIT HOMESENSE.CA
3. Gold Dust Can Cup by Donna Karan. $40. VISIT THEBAY.COM
4. Perforated Metal Industrial Pendant Shade. $39. VISIT WESTELM.COM
4. Atelier - Ceiling Lamp. $200. VISIT BOUCLAIR.COM
5. Faux Fur Pillow Cover. $147. VISIT WILLIAMS-SONOMA.COM
5. Gold Fleur Pillow. $80. VISIT CHAPTERS.INDIGO.CA
6. Jeffan Dorset Round Mirror. $175. VISIT WAYFAIR.COM
6. Kichler Nogaro Mirror. $278. VISIT WAYFAIR.COM
022 NEW CONDO GUIDE SEPTEMBER 13 - 27, 2014
4
6
Great Gulf. Choose greatly.
ACROSS FROM SHERWAY GARDENS. MOVE IN TODAY WITH UP TO $20,000 CASH BACK.
Suites from
$300,000s
Sales Centre 225 Sherway Gardens Rd. 416.695.3535 onesherway.com
LIVE ON TORONTO’S NEW BLUE EDGE, THE CIT Y’S NEXT GREAT WATERFRONT COMMUNIT Y. Sales Centre 291 Lakeshore Blvd E 416.466.8885 mondecondominiums.com
Suites from
$310,000s
A NEW L ANDMARK IS UNDER CONSTRUCTION. CANADA’S MOST CONNECTED CORNER.
Suites from
$540,000s
Sales Centre 33 Bloor St. E 416.922.0081 onebloor.com
Coming soon. 024 NEW CONDO GUIDE SEPTEMBER 13 - 27, 2014
Urban Towns in Queen West. Coming Fall 2014. Condos at King & Parliament. Coming Spring 2015.
LIVE AT YONGE AND RICHMOND. CIT Y, TOWER AND LOMBARD SUITES AVAIL ABLE. Sales Centre 26 Lombard St. 416.499.8883 yongeandrich.com
Suites from
$370,000s
UP TO $10,000 OFF SELECT SUITES. MOVE IN THIS YEAR! THE CORNER OF JARVIS AND CHARLES.
Suites from
$500,000s
Sales Centre 33 Bloor St. E 416.927.0080 x2condos.com
FINAL RELEASE OF SUITES AT DUNDAS AND JARVIS. NOW UNDER CONSTRUCTION By Appointment 416.928.2223 pacecondos.com
Suites from
$360,000s
PHASE 3 FINAL RELEASE ON SALE NOW. BOUTIQUE CONDO LIVING AT WINSTON CHURCHILL AND EGLINTON.
Suites from
$330,000s
Sales Centre 4635 Metcalfe Avenue 905.828.4257 hotcondominiums.com
For more information, register at greatgulf.com/comingsoon
SEPTEMBER 13 - 27, 2014 NEW CONDO GUIDE 025
CONDO PROFILE
Spectacular City Suites at
YONGE + RICH
y
onge + Rich is getting ready to release its spectacular City Suites! Designed by the internationally celebrated architect Peter Clewes at architectsAlliance, this landmark condominium raises the bar for sophisticated, savvy buyers who want to live in downtown Toronto. From its dynamic location on the southeast corner of Richmond Street East and Victoria Street, between the Financial District and the St. Lawrence Market neighbourhood, to its provocative architecture, outstanding amenities and luxurious finishes, Yonge + Rich is a condominium masterpiece. Residents will be able to walk to local amenities including TTC, Union Station, access the PATH system and two universities. It’s a quick stroll to Eaton Centre, one of North America’s top shopping destinations, and to Yonge-Dundas Square, which is a centre for concerts, festivals and events. The same goes for Nathan Phillips Square, where Torontonians gather for concerts in the summer and ice skating in the winter. The Entertainment District is nearby with Roy Thomson Concert Hall and other world-class venues. Dining out is also convenient, with many restaurants in the area, ranging from fine dining to casual eateries. Recognizing the potential diversity of resident age, lifestyle and financial resources, Yonge + Rich is uniquely home to two separate residences catering to two distinct groups of buyers. Yonge + Rich occupies
026 NEW CONDO GUIDE SEPTEMBER 13 - 27, 2014
Â
floors one through 33 and features traditional suites perfect for the savvy buyer. Floors 34 and above are targeted to a sophisticated buyer who values larger suites, exclusive amenities and greater overall privacy. These suites are branded Twenty Lombard Street and feature 150 suites with a private entrance off of Lombard Street, dedicated elevators and exclusive amenities. Although seen in Asia and other world cities, Twenty Lombard is the first of its kind in Toronto, a luxury boutique collection of suites set a loft a luxury tower. The base of the building will feature shops and a walkway that will offer a direct connection from Lombard Street. to Richmond Street E. This podium is designed to complement the four-storey red brick heritage building at the south end of the property. The building dates to the late-19th century, and Great Gulf is restoring it as part of the community.
GROUND LEVEL
RECOGNIZING THE POTENTIAL DIVERSITY OF RESIDENT AGE, LIFESTYLE AND FINANCIAL RESOURCES, YONGE + RICH IS UNIQUELY HOME TO TWO SEPARATE RESIDENCES CATERING TO TWO DISTINCT GROUPS OF BUYERS At Yonge + Rich amenities begin with 24/7 concierge service, a large pool, barbecue facilities, a sunbathing space, and a large fitness centre with a Pilates/yoga studio. The City Suites feature eight-ft. six-inch ceiling heights, engineered hardwood flooring throughout with custom-designed kitchens and bathrooms. They will be released this fall and will range from approximately 500 to 1,000 sq. ft. in size, and start from the $330,000s. Purchasers can choose from one-bedroom, one-bedroom-plus-den, two-bedroom and two-bedroom-plus-den designs. Occupancy is slated for 2018. Sales centre hours are Monday to Thursday from noon to 6 p.m.; Friday closed; Saturday and Sunday noon to 5 p.m. Call 416.499.8883 or visit yongeandrich.com.
SEPTEMBER 13 - 27, 2014 NEW CONDO GUIDE 027
Â
028
029
A Higher
Degree of Return is coming to Kingston
Condos steps from Queen’s University
900 188
$
From just
Turn Key ‘rent-ready’ condos
3-Year leaseback, fully managed by Kingston’s Varsity Properties Positive cash flow opportunity Safe and secure income-driven investment
PRICED
% 43 UNDER
THE AVERAGE NEW GTA CONDO
COMMANDS
+
30%
HIGHER RENT
THAN THE AVERAGE NEW GTA CONDO
Your opportunity to profit from this luxury real estate condo investment is coming. Steps to Queen’s University, in downtown Kingston. Be first in Canada’s First Capital City. Register today for this Blue Chip Offering in a world-class university setting.
REGISTER NOW for your Insider’s Information
www.UniversitySuites.com BROKERS PROTECTED ®
*Percentage of price point presented is based on RealNet Canada data on the GTA area. Rent assumption is based on third party market data and based on a managed leaseback opportunity. Prices and info correct at press time. Illustration is Artist’s concept only. E.&O.E. Brokers are welcome.
030
CHAZ. YORKVILLE. ELEVATE YOUR LIFESTYLE. Chaz Yorkville Condominiums located in Yorkville just steps to world-class shopping, dining, culture and subway. Chaz Yorkville gives you access to the spectacular Chaz Club entertainment lounge in the sky located on the 36th and 37th floors with panoramic views. Upscale amenities include outdoor courtyard with wet bar and private dining room, hotel-style lobby with fireplace and state-of-the-art gaming room. The best in fitness, yoga and leisure for well-being. This is Yorkville living at its finest. Touches of glamour that welcome you home.
TAKE ADVANTAGE OF OUR LIMITED TIME INCENTIVES
OWN FROM THE $300’S I 5% DEPOSIT* UP TO $35,000 CASHBACK** 2 YEAR LEASEBACK* I MOVE IN SPRING 2015
Sales Centre
Dupont St.
Bloor St.
Church St.
Avenue Rd.
Yorkville Ave.
45 Charles St. E. Yonge St.
Bay St.
U of T
Isabella St.
Wellesley St.
VISIT THE SALES CENTRE TODAY! CHAZYORKVILLE.COM | 416.922.0045 SALES CENTRE LOCATED AT 101 YORKVILLE AVE. SITE LOCATED AT 45 CHARLES ST. EAST MON. – THURS. & SAT. – SUN.: 12PM – 6PM, FRI & STATUTORY HOLIDAYS: CLOSED EXCLUSIVE BROKER BAKER REAL ESTATE INC. BROKERS PROTECTED. *SPEAK TO A SALES REPRESENTATIVE FOR MORE DETAILS. **APPLIES TO SARTI AND LAMARO 1 BEDROOM + DEN SUITES ONLY. PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. ILLUSTRATIONS ARE ARTIST CONCEPT. E&O.E.
SEPTEMBER 13 - 27, 2014 NEW CONDO GUIDE 031
INVESTOR ADVICE
The risks and rewards
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
I
nvesting in a pre-construction condo is not without risk. You are effectively buying a contract with the hope that one day this contract will become a piece of real estate that is worth more than the price you are paying for it today. A lot can happen in three to five years while your condo is being built. Here are two tips to help ensure your investment is a successful one. 1 | Always buy below market value Your goal should always be to buy something that will increase in value, and the best way to do that is to buy something that is priced
032 NEW CONDO GUIDE SEPTEMBER 13 - 27, 2014
// BY ANDREW LA FLEUR
OF PRE-CONSTRUCTION CONDOMINIUMS below the current market value of a similar resale property. For example, if a one-bedroom across the street in a brand new completed building sells at $300,000, and you can buy a similar one-bedroom in a pre-construction condo at $285,000, then you are well insulated from any market fluctuations over the next few years and you are positioned to have a property that is worth more when completed than when you bought it before construction started. 2 | Always buy cash-flow positive Investing in real estate is not a get-rich-quick scheme, but it is how most of the world’s wealthiest people have earned their fortunes. The best real estate investors always buy for the long term. I always encourage my clients to take the long-view approach when buying pre-construction and to plan on
renting their unit out for at least one year (preferably more) after the completion of the building. Flipping before project completion (assignment) is a highly risky strategy and should be considered only as a back-up plan.
You are effectively buying a contract with the hope that one day this contract will become a piece of real estate that is worth more than the price you are paying for it today With this in mind, you should only buy a pre-construction condo that will provide you with positive or break-even cash flow with the standard 20 to 25 per cent down payment. If at the current valuation and given current market rates for rents, you cannot reasonably expect to cover all your expenses, then stay away! If you do your homework before buying by following these two tips, you will be in great shape for years to come.
Coming Soon to Yonge + Eglinton.
Condos starting from the mid $200’s Register your interest at menkes.com facebook/MenkesLife
@MenkesLife
PARTY ROOM DINING
LOBBY LOUNGE
PARTY ROOM BILLIARDS
Yonge + Heart. The Eglinton truly is Yonge at heart. Discover this elegant new condominium at the cosmopolitan junction of Yonge + Eglinton, one of the most connected corners in the city. Located on Eglinton Avenue East in the prime midtown area just steps from the TTC, LRT, shopping, theatres, restaurants and more. Where life’s experiences are closer to the heart in one of the city’s most desirable neighbourhoods.
Condos starting from the mid $200’s Register your interest at menkes.com facebook/MenkesLife
@MenkesLife
Coming Soon Yonge & Eglinton, Toronto Register now at menkes.com
Coming Soon York & Harbour, Toronto Register now at menkes.com
Now Open Peter & King, Toronto Starting from $281,990 416.977.8780
New Release Now Available Church & Carlton, Toronto Starting from $239,990 416.591.7700
Construction Starting Richmond & Spadina, Toronto Starting from $291,990 416.977.8780
Under Construction Avenue & Davenport, Toronto Starting from $420,000 416.323.0100
Move In This Year Yonge & Park Home, North York Starting from $835,990 416.730.9722
Move In Now Bay & Yorkville, Toronto Starting from $1.2 million yorkvilleresidences.com 416.775.7500
Move In Now Evans & QEW, Etobicoke Starting from $305,990 onesherway.com 416.695.3535
YOUR LIFE STOREY STARTS HERE. Register your interest at menkes.com
facebook/MenkesLife @MenkesLife
Prices and specifications are subject to change. E.&O.E. September 2014. 24473
STAT CHAT
// BY BEN MYERS
Lots of people are buying investment condos.
SHOULD I?
situation, but I’m sure if you have at least discussed the possibility with someone, you’ve heard many of the following rejections: THE CONDO MARKET IS GOING TO EXPERIENCE A MAJOR DECLINE IN PRICES.
Based on data from condo market research firm Urbanation, condominium apartment resale prices on a per-sq.-ft. basis have been greater than the year prior in 68 of the 72 quarters since Q2-1996. I’ll let you draw your own conclusions here, but that is a pretty good track record. Ben Myers is senior vice-president 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
C
anada Mortgage and Housing Corp. (CMHC) recently released a survey they conducted indicating that 17 per cent of their nearly 43,000 survey respondents owned a condominium as a second home, or as an investment in Toronto and Vancouver. According to Statistics Canada’s National Household Survey in 2011, 27 per cent of condominiums in Vancouver are rented out, with Toronto estimated at 23 per cent. I can’t tell you if investing in condominiums is right for you without knowing your financial
Twenty-seven per cent of condominiums in Vancouver are rented out, with Toronto estimated at 23 per cent
YOU MIGHT BE ABLE TO ACHIEVE POSITIVE CASH FLOW, BUT IT WILL BE SMALL BUT YOU CAN GET BETTER RETURNS ELSEWHERE. I took a course in Boston at
MIT’s Center for Real Estate earlier this year and one of the required readings pointed out that even institutional investors get hung up on first-year cash flows when buying commercial assets, so make sure you know what you can reasonably expect to achieve in rents over the holding period of your investment. According to CMHC, average monthly rents for condominiums in the Toronto CMA have increased 2.6 per cent per year from 2007 to 2013. By comparison, Vancouver has increased 3.6 per cent, Calgary 2.8 per cent, Edmonton 3.3 per cent and Ottawa 4.1 per cent. When looking at rents on a per-sq.-ft. basis in Toronto since 2011, the rate jumps to 3.9 per cent per Urbanation data (average unit sizes are shrinking!).
MONTHLY CONDO FEES ARE GOING TO SKYROCKET. According to data
collected by Urbanation, the average resale condominium in the Toronto CMA had a monthly maintenance fee of $0.58 per sq. ft. in Q1-2012. That rate has since risen to $0.61 as of Q2-2014. Therefore, a condominium investor should realistically look for their monthly maintenance to increase by two to 2.5 per cent every year. Here is a quick example of a 500-sq.-ft. unit. This unit would rent for about $1,500 per month in Toronto with a monthly maintenance fee of $300 per month – a spread of $1,200. If both your rents and maintenance fees increase by 2.5 per cent per year, in five years your rent would be approximately $1,700 per month and your maintenance fee will be $340 per month – a spread of $1,360. So the gap increases despite your maintenance fees and rent growing at the same pace! Shay Nahman sent me his new book, Real Estate for New Investors, where he mentions that every good investor has a good team behind him, including a lawyer, mortgage agent, lender, accountant, appraiser, home inspector, insurance broker, and real estate agent (what, no condo stats guru?). I would suggest a good place to start is with a real estate agent, and I work with a great one. Go to fortressrealdevelopments.com/new-homes-and-condos/ and contact Julie Barnard. SEPTEMBER 13 - 27, 2014 NEW CONDO GUIDE 033
LEGALLY SPEAKING
// BY JAYSON SCHWARZ
Financing, and what happens
Jayson Schwarz LL.M. is a Toronto real estate lawyer and partner in the law firm Schwarz Law LLP. Visit schwarzlaw.ca or email info@schwarzlaw.ca and give us your questions, concerns, critiques and quandaries.
B
efore you go new-home shopping, visit your bank, trust company or other financial institution to see what amount of mortgage you qualify for. Take your significant other, if you have one, because everyone’s income and assets help. Once you know how much you can borrow, secure the best rate you can and lock it in for as
034 NEW CONDO GUIDE SEPTEMBER 13 - 27, 2014
IF IT GOES WRONG?
long a period as possible. Don’t be afraid to negotiate – the banks want and need your business. Don’t be afraid to shop around for rates and lock-in periods. You should also visit the condo sales centre armed with your knowledge and check what mortgage rate and term the builder is offering. Take note that the builder may have brought the rate down to make his package more attractive or forced his bank as part of his deal with them to offer special rates. Remember, if your bank’s offered rate and terms are close, you may be able to negotiate a better deal with the builder. If you do not take the builder’s mortgage you may be able to get some leverage in your overall negotiations as the builder may save money by not having to pay his bank for the better rate. Question this and make sure you understand all of the financing details. Regardless of where you go to get financing, get your commitment in writing! When you walk into that sales centre, all ready to buy that beautiful new condo, perhaps the most important piece of the puzzle you need to have is security in your financial arrangements. A tragedy waiting to happen occurs when you sign an unconditional offer, give your hard-earned, hardersaved deposit to the builder and later find out you do not qualify for the mortgage. In other words, don’t buy the home unless you have a mortgage commitment or a conditional deal. This leads us into the next part of the discussion – what happens if your financing goes wrong?
It is critical you get the right advice, and only a lawyer can provide legal advice. That is the law. An Agreement of Purchase and Sale for the purchase of land is a legal contract, and once it is signed it binds both parties to certain obligations. If either party does not hold up to their end of the arrangement, they can be held liable to the other party for either specific performance or damages. Firstly, if the purchasers default, they will likely lose their deposit. The builder will then have the option of suing to force them to close the deal and pay all legal fees related thereto, or sue them for any damages the builder might suffer before he resells the condo (for items such as interest, changes and price differential) and legal fees. Sometimes, in a booming market, kindhearted builders will release purchasers who have made a mistake or encountered personal tragedies. But don’t count on it! The moral of the story is to make sure you have financing, or that the offer is conditional for a few days on both financing and review by a lawyer. It is critical you get the right advice, and only a lawyer can provide legal advice. That is the law. When you select a lawyer, find one who cares about you and a long-term relationship.
MOVE IN NOW! 5% DOWN
*
ES T I U S L E D O M R U O COME SEE RICHMOND HILL
DANFORTH AVE.
$284,000 LIVE FROM
$302,900 LIVE FROM
$253,000 LIVE FROM
READY!
READY!
HWY 407
DA NF ORT H
RD .
LESLIE ST.
BAYVIEW AVE.
AVE .
BAYVIEW AVE.
DON CAS TER
YONGE ST.
STEELES AVE.
HWY 7
E. IA AV SCOT
READY!
. AVE DEN WAR
JOHN ST.
ROCKWELL RD.
YONGE ST.
N
AVE. ORTH DANF
7163 Yonge St., Unit #124
370 Hwy. 7 East, Unit #113
3520 Danforth Ave.
WorldOnYonge.ca | 905-771-7010
RoyalGardensCondos.ca | 905-889-9997
TerraceOnDanforth.ca | 416-987-7575 . AVE DEN WAR
RD .
DA NF ORT H
E. IA AV SCOT
www.MyLibertyCondo.ca N
*As per price list. Limited time offer. Offer based on a select number of units. Price, information and program subject AVE.to ORTH DANFcations and change without notice. For qualified buyers on approved credit. All renderings are artist’s concept. Prices, specifi availability subject to change without notice. E&O.E. Brokers protected. See Sales Representative for details.
SEPTEMBER 13 - 27, 2014 NEW CONDO GUIDE 035
Last chance at preconstruction pricing $5,000 DOWN AND PAY frOm ONlY $1,500/mONth
READY!
CENTRE ST. TTC/VIVA
STEELES AVE W.
YONGE ST.
BEVERLEY GLEN BLVD.
BATHURST ST.
407
SALES CENTRE ON BEVERLEY GLEN JUST WEST OF BATHURST BATHURST & CENTRE STREET
LegacyParkCondos.com 905-731-8302
* Limited time offer, restrictions apply. On select units. 24 month program. Subject to deal going firm. See Sales Representative for details. All illustrations are artist’s concept only. © 2014 Liberty Development Corporation. All rights reserved. I.E.&O.E. Brokers protected.
036 NEW CONDO GUIDE SEPTEMBER 13 - 27, 2014
LAST CHANCE AT PRE-CONSTRUCTION
PRICING $5,000 DOWN AND PAY FROM ONLY $1,500/MONTH
HIGHWAY 7
HIGHWAY 404
*
HIGHWAY 400
WESTON RD.
HIGHWAY 427
**
CENTROSQUARE.CA | 905-851-8877
HIGHWAY 407
SALES OFFICE HOURS: Monday - Thursday 12 p.m. - 7 p.m. Weekends & Holidays 12 p.m. - 6 p.m. STEELES AVE.
*NEW SALES OFFICE 7887 WESTON RD., UNIT #5 — WESTON RD. & HWY 7 | WOODBRIDGE
** Limited time offer, restrictions apply. On select units. 30 month program. Subject to deal going firm. See Sales Representative for details. All illustrations are artist’s concept only. © 2014 Liberty Development Corporation. All rights reserved. Brokers protected.
SEPTEMBER 13 - 27, 2014 NEW CONDO GUIDE 037
TAXING ISSUES
// BY HENRY CHOO CHONG
SELLING YOUR INVESTMENT CONDO Q
I purchased a rental investment property several years ago. Every year I have filed the rental income on my tax return. This year I sold the property. In addition to my rental income, what tax implications will I have to report? Jared, Toronto
A Henry Choo Chong is a certified general accountant. He sits on many committees and provides accounting and tax services to individuals and businesses in the GTA. He can be reached at 416.485.5225. Questions to Taxing Issues can be emailed to choochonghcga@yahoo.ca
The opinions and views expressed herein are those of the author and not those of New Condo Guide. New Condo Guide does not necessarily endorse or encourage any specific tax strategies. Please consult a tax professional for advice specific to your particular situation.
Hopefully, you made a profit! The real estate market has been healthy for the past several years and continues to be strong, over the long term. Selling a real estate investment property will generate either a capital gain/loss or a recapture of income/terminal loss. You will have a capital gain when the proceeds of the sale exceed the original cost of the property. A capital gain must be included in your personal tax return (if you own it personally) and is taxed on 50 per cent of the gains at your personal tax rate. A capital loss occurs when the cost is greater than your proceeds. The capital losses should be included on your personal return and applied against capital gains in that year. Any excess losses can be carried back three years, or carried forward indefinitely to reduce capital gains.
In calculating the capital gain/loss, determining the adjusted cost of the property is an essential factor. The adjusted cost must include not just the purchase price but also other costs incurred that had to be capitalized. In calculating the capital gain/loss, determining the adjusted cost of the property is an essential factor. The adjusted cost must include not just the purchase price but also other costs incurred that had to be capitalized. As well, the proceeds of disposition are all the cost, including the selling price and adjustments pertaining to the sale of the investment. In addition to the capital gains/losses, you may have a recapture of income. This occurs when you are taking Capital Cost allowance (depreciation) on the building, in any of the years that it was owned by you. The balance in this account is called the “undepreciated portion.� A recapture of income occurs when the lesser of the proceeds and the cost of the property is higher than the Undepreciated Capital Cost (UCC). The recapture of income is taxed in its entirety at your personal tax rate. Alternatively, a terminal loss occurs when the lesser of the proceeds and the cost of the property is less than the UCC. This terminal loss can be applied in the current year to reduce other income (such as salaries or business income). Any unused amounts can be carried back three years or carried forward. Good record keeping is essential to calculate the correct gains or losses.
038 NEW CONDO GUIDE SEPTEMBER 13 - 27, 2014
SEPTEMBER 13 - 27, 2014 NEW CONDO GUIDE 039
CONDO PROFILE
Wellbeats pulses with innovative fitness opportunities at
UPCOMING DANIELS ERIN MILLS
t
his fall, when The Daniels Corporation introduces Daniels Erin Mills at Erin Mills Parkway and Eglinton Avenue West in Mississauga, wellnessminded buyers will reap the benefit of innovation in addition to quality, value and service. The Everything-Room Activity Studio recreation space will indeed offer everything, including Wellbeats – a wellness resource that takes “virtual” to “physical” with the touch of a screen. The first of its kind in a residential condominium in Canada, Wellbeats will offer programs accessed from a kiosk in front of a large-screen projector. Residents will be able to select classes, invite their neighbours, and exercise with the guidance of professional instructors.
DANIELS HAS SET UP A WELLBEATS KIOSK IN THEIR PRESENTATION CENTRE LOCATED AT 2550 EGLINTON AVE. W. IN ERIN MILLS. DROP BY AND SEE FOR YOURSELF WHAT A TRULY EXCITING EXPERIENCE THIS WILL BE FOR RESIDENTS. 040 NEW CONDO GUIDE SEPTEMBER 13 - 27, 2014
Wellbeats (wellbeats.com) has something for everyone including children, pregnant mothers, seniors and even athletes. Zumba, yoga, Pilates, dance-based exercise, weight training, cardio, cycling – the choices are fascinating and fun. Imagine having virtual world-class fitness instructors in your Activity Studio 24/7. To get a sneak peak of this innovative fitness program, Daniels has set up a Wellbeats kiosk in their presentation centre located at 2550 Eglinton Ave. W. in Erin Mills. Drop by and see for yourself what a truly exciting experience this will be for residents. Leave it to Daniels to introduce yet another new concept to the residential market! Other fantastic amenities located in Daniels Erin Mills include an inviting double-height lobby, where homeowners can access 24-hour concierge service, and continue on the fourth and fifth floors where Club 5ENSES will indulge their senses. Designed for the enjoyment of all ages and family configurations, this space will feature the party room with a kitchenette and sectional harvest table dining space, lending itself beautifully to group gatherings. When the party is ready to move outside, no problem – the party room terrace is perfect for alfresco dining and taking in the sunset!
With healthy living in mind, Daniels has worked hard to incorporate urban agriculture opportunities such as container balcony gardening, community garden plots, greenhouses, food box pick-up programs, edible landscaping and farmers’ markets into their new home communities wherever possible. At Daniels Erin Mills, this foundation for green living and community has already started with The Backyard Farm & Market. Established in 2013 and located just behind the Daniels Erin Mills presentation centre, this unique farm and market is open from 9 a.m. to 1 p.m. every Saturday until Oct. 11 and offers produce, artisanal baked goods, harvesting gardens and much more. Ideally located in the heart of Erin Mills, Daniels Erin Mills will be at the centre of it all, directly across the street from Credit Valley Hospital, and Erin Mills Town Centre which is undergoing a $100-million revitalization. Construction is underway at Daniels Erin Mills and prices will begin from an unbelievable $194,900. Daniels Erin Mills will go on sale this fall! If you haven’t already done so, be sure to register today by visiting DanielsErinMills.com or by calling 905.306.6996.
SEPTEMBER 13 - 27, 2014 NEW CONDO GUIDE 041
a celebration of everything Home + Style! september 18 – 21, 2014
Better Living Centre, Toronto
15th Anniversary
in support of Canadian HIV/AIDS causes
Walk away with great buys on a huge selection of quality furniture, lighting and home furnishings!
Join Benjamin Moore Colour and Design Expert Sharon Grech and enter online for your chance to WIN an in-home consultation.
Learn about the newest products from MTD to improve and beautify your lawn and garden.
Meet one-on-one with professional decorators from CDECA.
Pick up some beautiful blooms at our charity Flower Market presented by pickOntario.
thank you to our sponsors. design: thrivedesign.net
“The story so far of River City … has not quite prepared us for the most vivid surprise of all: Phase 3. Saucier + Perrotte’s building will be amongst the most artistically exciting high rises constructed in Toronto since the onset of the condo boom.” – John Bentley Mays, THE GLOBE AND MAIL
ARE YOU READY?
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MONEY MATTERS
// BY GAIL VAZ-OXLADE
THE LOST ART OF SAVING
Gail Vaz-Oxlade is the host of Til Debt Do Us Part, author of Debt Free Forever and blogs daily at gailvazoxlade.com. Follow Gail on Twitter at twitter.com/GailVazOxlade
D
espite all media warnings, financial planners’ tut-tutting and the popularity of books such as David Chilton’s The Wealthy Barber which made its fame telling a simple story – “Save 10 per cent” – we are a spendthrift bunch. We haven’t always been. We saved 10 per cent or more for 20 years, from 1973 to 1993 – more than enough time to have established the habit. Our savings rate reaching a peak of 18.5 per cent in 1982 (in our enthusiasm, did we overdo a good thing?), we bounced around the 10 per cent mark for about a decade, and then in 1993 we began our great slide. By 1999 we’d hit a low of 3.6 per cent and in April of 2007, we finally made it into negative territory: our savings rate was -1.4 per cent. Yes, we were officially spending more money than we were earning.
046 NEW CONDO GUIDE SEPTEMBER 13 - 27, 2014
Negative 1.4 per cent is a long way off 10 per cent, and an even longer way off the RRSP contribution limit calculation, which is based on putting aside 18 per cent of earned income. You could blame our higher taxes and you’d be somewhat justified. Taxes as a percentage of our total incomes rose from 18.43 per cent in 1973 to 23.9 per cent in 1999. But you would also have to take a close look at our spending habits. What we spend on goods and services has gone up steadily since 1982. And we’ve availed ourselves of more credit. Liabilities – what we spend on our credit cards, loans, mortgages and the like – rose from 0.67 per cent of our annual income in 1982 to over 4.9 per cent in 1999. Consumer credit – the money we borrow to feed our passion to consume stuff – makes up a big chunk of that, as it rose from -.06 per cent in 1982 to 1.34 per cent in 1999. And according to a report entitled Canadian Economy: Personal Savings Rate by Industry Canada, in 1998 total accumulated debt per household in Canada was equal to 114 per cent of after tax income. Whew! How could we possibly save anything when we’re spending more than we’re making servicing our debt?
What if you lost your job, got sick or smashed up your car? Those are all good reasons to save. So is putting aside enough so you don’t have to depend on anyone else – be it the government or your children – to take care of you when your days of heading into the mines are over. These figures seem to fly in the face of most of the predictions for how the baby boomers will behave as they age. In Boom Bust and Echo, David Foot asserted: “When you are young, you are a borrower. In your 40s and 50s, you are trying to build a nest egg for retirement.” Financial advisers are standing by, holding their breath, waiting for the money to come pouring in as boomers hit their peak earning years. Yet since 1993 as we watched the first of the baby boomers turn the corner to middle age, Canada’s savings rate has plummeted despite a healthy economy, low inflation and more being written about money than ever before in history. So why aren’t we saving? It really doesn’t matter what reason we give – too much debt, high cost of living, taxes – the real reason we aren’t saving is because we’ve forgotten how important it is to save. Perhaps the gloomiest part of the savings picture is the legacy we are leaving our children. Not only are we teaching them how to be avid consumers: spending their money on everything from trading cards at $5 a pop to horrendously expensive video gaming toys; we are, by omission, teaching them not to save. And we’re willing to allow credit purveyors to entice our children
UNCOMPROMISING. UNPARALLELED. UNDENIABLY TORONTO’S MOST ICONIC ADDRESS.
LAUNCHING SOON. REGISTER NOW.
The Residences of 488 University Avenue is a trademark of Amexon Development Corporation
A Commitment to Excellence
488university.com
into a world of debt with nary a lesson on how to keep a balanced financial picture. For while credit card companies wouldn’t dream of issuing a credit card without an adult meeting significant credit criteria – they’d have to have a job, for example – students in university are assaulted by easy credit, making it easy for them to dig debt ditches they must subsequently struggle out of. WHY SAVE
Saving gives us a sense of security and mastery over our finances. As our savings grow – be they in a run-of-the-mill savings account or invested in equities – we can take pride in our sense of discipline and increased ability to weather a storm. The more we’ve accumulated in savings, the harder those savings work for us. It can be truly rewarding to see substantial sums of money generated solely by our savings. Saving takes us closer to our goals. It also creates a strong sense of independence by putting us squarely in a position of control. We have the resources to cover unexpected expenses without incurring debt at high rates of interest. We have the flexibility to take advantage of investment opportunities as they arise. We can change jobs, change homes, change countries without the sense of anxiety that comes from existing paycheque to paycheque. HOW TO SAVE
TEACHING CHILDREN TO SAVE
One of the most effective ways of motivating a child to get into the savings habit is with a savingsmatching program. You match every dollar your child saves with a dollar of your own. “Molly, here’s the deal. If you can save $100 by Christmas, I’ll match that amount so you can begin investing.” If watching your money grow in a savings or investment account doesn’t turn you on, you’ll have to find some other motivation for saving. How about this: Just for one moment be a pessimist. What if you lost your job, got sick or smashed up your car? Those are all good reasons to save. So is putting aside enough so you don’t have to depend on anyone else – be it the government or your children – to take care of you when your days of heading into the mines are over.
This is perhaps the area in which we are the most confused. If we sock away $5,000, $10,000 or $15,000 a year in a retirement savings plan, we’re doing a great job of saving, right? Well, not exactly. If we had to borrow the money to make that RRSP contribution, we won’t actually have saved a nickel until that *All figures based on Statistics Canada loan is paid off. And if we stuck $2,500 away in an RESP for junior and then National Economic and Financial promptly upped our line of credit balance by a similar amount, we haven’t Accounts unless otherwise stated. saved a cent. To actually save a dollar you have to take that dollar out of your cash flow. Putting it in a GIC and then spending it on a credit card doesn’t count. You must make the commitment that current expenditures will not exceed current income. You’ve got to spend less money than you make. The you-don’t-have-to-think-about-it way of saving is to use an automatic debit from your chequing account to your savings account, so the temptation to spend the money is removed. Yes, it’s a bit of a head-game to trick yourself into saving. Not everyone is a born saver, after all. Some people must play the game to achieve their goals. Back to David Chilton’s The Wealthy Barber: the advice was sound in this short-but-sweet best-seller. Basically it boiled down to pay yourself first, put savings in a separate account, and be consistent. If you wait to see what’s left over after your expenses, you’ll be justified in not saving because you won’t have much left. That’s the way it is with money. Smart savers do it the other way around. The take the money they want to save and hide it before they can spend it. Sure, it may mean cutting back a little, but that usually doesn’t hurt as much as most people think it will. This all sounds like pretty basic information – nowhere near as exciting as a discussion of the stock market, technical analysis or long-term projections for the economy. But as simple a concept as saving appears to be, it’s the one that is being missed. And if you’re not talking about saving at home, there’s little to motivate your child to develop this life-long habit. So start talking about it. 048 NEW CONDO GUIDE SEPTEMBER 13 - 27, 2014
COMING SOON: THE NEW GOLDEN ERA IN YORKVILLE An ornate private residence of pure, geometric form inspired by nature at Bellair & Cumberland
LUXURY CONDOS FROM $389,900* REGISTER TODAY MINTOYORKVILLEPARK.COM *Prices and specifications are subject to change without notice. Rendering is artist concept. E.&O.E.
SEPTEMBER 13 - 27, 2014 NEW CONDO GUIDE 049
IN THE NEWS
UNIVERSITY SUITES BRINGS INNOVATIVE ARCHITECTURE to Kingston’s Queen’s University
UNIVERSITY SUITES, BY PRK DEVELOPMENTS,
is the first condo coming soon steps from Queen’s University in Kingston, Ontario in a district known as ‘The Hub’ at the corner of Princess and University Avenues. Designed by Toronto-based Teeple Architects, the solid concrete structure will be a landmark building of cutting-edge design. Founded in 1989 by principal Stephen Teeple, Teeple Architects has a recognized reputation for innovative design and exceptional service, garnering six Governor General Awards, Canada’s top architectural recognition. It was this innovative thinking that was the inspiration behind the design of University Suites. “The inspiration of our designs tends to be fairly specific,” says Teeple. “We custom design to the site and the marketplace and in this instance, with University Avenue ending at our site, there is a sculptural and rotational geometry that is set up in the centre of the building. We also wanted it to fit seamlessly into its surroundings, therefore a midrise building with step-backs to blend the massing and responds nicely to the street.” The uniquely shaped site at the corner of two of Kingston’s most prominent streets provided what Teeple calls “creative opportunity.” 050 NEW CONDO GUIDE SEPTEMBER 13 - 27, 2014
“We wanted this project to be respectful to the great architecture of downtown Kingston,” says Teeple. “But at the same time, respond to the architecture as an urban moment, rather than a building in isolation People will ‘sense it’ as well as see it.” To that end, the two-toned building has a dark masonry base to complement the many heritage buildings in downtown Kingston, with floor-to-ceiling glass windows to provide a clean, crisp, modern design. “University Suites inspired our creative juices to create a livable, attractive environment just steps away from a leading, world-class university,” says Teeple. Another factor in the design was an understanding of who will eventually live here. With prices starting at $188,900, the project is ideal for Queen’s University students, faculty and staff from the university or nearby hospitals, or young professionals working downtown, all of whom lead active and social lives. For example, at University Suites, additional multiple bicycle parking was added and car parking reduced. Suite layouts were designed to maximize functional and efficient everyday living. University Suites was also designed with people flow, engagement and interaction in mind. “We needed to include a full suite of amenities that create a social bond,” says Teeple. “Fitness facilities, study spaces on the ground floor and the roof, indoor and outdoor amenity spaces on the roof with views of the lake, these all become extensions of the residents’ personal spaces. We designed all of these with a certain vibe in mind as well, it had to look a little cool given who will live there.” University Suites also includes retail on the ground floor, adding to the streetscape without overwhelming its surroundings, and making a positive, social impact on this key intersection. With thought and innovation in designing a social, livable and cool environment, Teeple Architects has created a landmark residential project destined to stand out in downtown Kingston. To learn more about University Suites, visit universitysuites.com or call 1.888.872.9868.
LIVE AT STUDIO BE DOWNTOWN SUITES FROM THE
300’S
$
5%
UNDER CONSTRUCTION EARLY 2015 CLOSINGS
UNDER CONSTRUCTION EARLY 2015 CLOSINGS
DOWN PLUS
ONE YEAR FREE
MAINTENANCE FEE OFFER VALID ON ALL REMAINING SUITES.
Nelson St.
University Ave.
Simcoe St.
Duncan St.
Spadina St.
Richmond St.
PRESENTATION CENTRE
Adelaide St.
Presentation Centre: 25 Nelson Street, Toronto Mon. – Thurs.: 1pm – 7pm, Fridays: Closed Sat., Sun. & Holidays: 12pm – 6pm
Brokers Protected, Limited Time offer. See Sales Rep for full details. Prices, Specifications and programs are subject to change without notice. Illustrations are artists concept. E & O.E. *Provided the purchaser completes the transaction on the contemplated unit transfer date the purchaser shall receive a credit on the statement of adjustment in the amount equal to 12 monthly common expense fees relating to the unit and any parking or storage applicable. Deposit 5% down and 10% due on occupancy.
studiocondos.ca • 647.352.7736
QUICK TIPS
// BY HELLEN BUTTIGIEG
A DOSE OF REALITY
Hellen Buttigieg is a certified professional organizer, life coach, TV host, owner of We Organize U and author of the best-seller, Organizing Outside The Box. For tips on getting organized, visit WeOrganizeU.com and sign up for the free newsletter.
Keep it real. You’ll never get organized. Read that again. Yes, that’s what I said. You’ll never get organized because being perfectly organized is not a realistic expectation. Just to be clear, organization is not a destination. You don’t just wake up one day and find that you’ve arrived. It’s a process – a work in progress. So, if you are judging yourself against unrealistic expectations, or holding back on pursuing a goal because you are waiting until you “get organized, once and for all,” perhaps it’s time to look at things differently. Instead of trying to get organized, strive to become more and more organized every day. Doesn’t that feel more attainable? Instead of feeling stuck, you’ll be able to take a step forward. Use your instincts. Are you surrounded by piles of papers on your desk, your floor and any other flat surface in your office? Don’t fight your instincts, work with them. Rather than trying to adapt to traditional ways of filing, like using a lateral filing cabinet, use horizontal methods instead. Use stacking trays or literature sorters, which can be placed on your desk or installed on the wall. Now label them with the categories you use most. It will be easier to adapt to filing papers when you don’t have to change your piling habit. Out with the old, in with the new. Are you holding on to things that you’ll
Y
ou want everything to fit away neatly, display perfectly and know exactly where everything is when you need it. That’s what being organized is all about. But is that realistic? Being organized doesn’t happen overnight and it doesn’t have a finish line. Getting organized is a process, learn what works for you.
Organization is not a destination. You don’t just wake up one day and find that you’ve arrived. It’s a process – a work in progress. 052 NEW CONDO GUIDE SEPTEMBER 13 - 27, 2014
never use again? Very often people unconsciously jam their homes full of stuff because the sheer volume gives them a feeling of comfort and security. If you are operating from a need for abundance, remember that your success as a person has nothing to do with all the outdated or rarely used stuff overflowing from your closets. In fact, it’s probably blocking your prosperity. Let go of what you don’t need to make room for new things to come into your life. Plan before de-cluttering. Before beginning any de-cluttering project, determine in advance how you will dispose of the items you no longer want. If you have valuable pieces and would like to sell them, decide whether you will do this yourself or hire someone to do it for you. If you would like them to go to charity, which one and where are they located? Some charities will pick up, so call them to find out when they will be in your area. It’s not until those boxes and bags leave your home that you will reap the full rewards of de-cluttering. Planning in advance will curb procrastination and ensure full completion of the task. Feeling stuck? If you find yourself backsliding when it comes to maintaining your organizing systems, don’t berate yourself, as this will sap your energy and prevent you from doing anything about it. Rather than dwelling on what went wrong, focus instead on what needs to be done. Just say “oops” and move on to taking action.
SEPTEMBER 13 - 27, 2014 NEW CONDO GUIDE 053
CONDO PROFILE
THE HARLOWE: Right at home
w
hat makes the Harlowe so different from many of Toronto’s new condo projects is that it’s a neighbourhood building. That is, it doesn’t totally redefine the Queen Street West, King Street West, Bathurst Street area. It binds the neighbourhood together, it belongs.
054
Once complete, the handsome 14-storey red brick warehouse-style building will look very much at home. Developing and building new structures in this fashion requires real consideration concerning the area’s history, its current stock of structures, and the people who live in and around the building. Achieving this requires creating a historic look that feels modern and “of today.” While this is hard to achieve, The Harlowe hits it on the nail.
Everything about the Harlowe showcases its historic feel with a contemporary edge. From the Pennsylvanian historic red brick to the small-paned warehouse-style windows, and the large scale monotonous repetitive podium, it has captured the historic era today. The building’s interior design will also borrow from the turn-ofthe-century era and offer exposed brick, concrete and steel elements throughout. The lobby will feature mouldings, cornices, herringbone wood-style stone floors, and a library room featuring an ornate fireplace with mantle. The warmth will be measurable. The Harlowe is 14 storeys tall with 220 suites. Ceilings heights vary from nine to 11 ft. and suite sizes range from junior onebedrooms to large three-bedroom homes. Interiors of the suites feature exotic hardwood floors throughout, stylishly modern European kitchens, stainless steel appliances, gas cooking and gas barbecue nozzles on balconies and terraces, as well as designer baths, and glass-sliding doors to bedrooms. Most suites feature
THE LOBBY WILL FEATURE MOULDINGS, CORNICES, HERRINGBONE WOOD-STYLE STONE FLOORS, AND A LIBRARY ROOM FEATURING AN ORNATE FIREPLACE WITH MANTLE. six-ft. deep open balconies or terraces, perfect for enjoying Toronto’s milder seasons. Of course, the building features Lamb Development Corp.’s renowned Lamb Standard. Common areas include beautifully detailed hallways and elevator cabs, as well as a full gymnasium and party room with dining facilities. With such a highly desirable central location, coupled with nearperfect design elements, the Harlowe is one of the most sought after buildings in Toronto. For more information visit TheHarlowe.com or call 416.363.1771.
SEPTEMBER 13 - 27, 2014 NEW CONDO GUIDE 055
FITNESS GALLERY
Crash course on
// BY MARK J. STABLES
FITNESS FACILITY ETIQUETTE
I
t’s easy to see the ways that exercise improves our health – it lowers blood pressure, reduces stress, boosts your energy and builds a stronger immune system. But the flip side of that coin are the germs and illnesses lurking in your condo’s gym. Your favourite place to break a sweat can also be a breeding ground for fungal, viral and bacterial infections. Here are a few tips to make sure your efforts to get healthy don’t get sidelined by germs.
Mark J. Stables is founder of Benchmark Group and Movement Haus. He is a renowned fitness and wellness expert with over 15 years experience in the industry. Working with hundreds of urban condominium dwellers, Mark has experience and insight into the design of condo fitness amenities and the way people use them. As the landscape of fitness continues to evolve, this in-depth knowledge of health and fitness, coupled with his passion for architecture and design, yields an optimal exercise environment for today’s urban athlete. Visit online at movementhaus.com, benchmarkgroup.ca or call 416.428.3536.
Your favourite place to break a sweat can also be a breeding ground for fungal, viral and bacterial infections. Here are a few tips to make sure your efforts to get healthy don’t get sidelined by germs. ›› D on’t touch your face. Your eyes, ears and nose are vulnerable spots for infections, so during your workouts, keep your hands away from your face. If you feel a tickle in your nose or have an itch that needs to be scratched, use the back of your hand, which is likely to have come in contact with less germy surfaces. ›› W ipe down all equipment both pre- and post-use. Most people will wipe down their equipment after they use it (we all know it’s not cool to leave a sweat puddle for the next guy), but not everyone is so courteous. Hedge your bets and make sure you wipe down before and after you use a machine. Most gyms supply disinfecting spray and paper towels, but if yours doesn’t, consider tossing a package of wipes in your gym bag. ›› L ay out your towel. For yoga, Pilates, and other classes that require mats, place your towel on top of the mat before you lie down. Then make sure to use a different towel later on to wipe your face, otherwise you’ll just be spreading those dirty mat germs all over your mug. ›› C over up cuts. If you’ve got any cuts, scrapes or broken skin, cover it up with a bandage. Open wounds are far more susceptible to infection. ›› N o shoes, no service. Want to avoid athlete’s foot and whatever other nasty things are lurking on the change room floor? Then make it a habit to wear a pair of flip flops and dry your feet (including the skin between your toes) after showering. Remember – your mother doesn’t live here, so clean up after yourself to ensure your condo’s beautiful and well-used gym facilities stay that way.
056 NEW CONDO GUIDE SEPTEMBER 13 - 27, 2014
COMING SOON LOFTS FROM THE LOW $200s A NEW COMMUNITY ON THE EDGE OF QUEEN & DON VALLEY
Exclusive listing brokerage Baker Real Estate Incorporated. Brokers protected. Prices and specifications are subject to change without notice. E & O. E.
SEPTEMBER 13 - 27, 2014 NEW CONDO GUIDE 057
DESIGNER ADVICE
A TOUCH
of Luxe // BY YANIC SIMARD
WE KNOW THE LOOK OF LUXURY WHEN WE SEE IT, BUT
how do you create it? The art of luxe design is not simply a matter of spending money, but more one of spending time to create spaces with depth, sophistication, and a certain considered air. Here’s my professional opinion on how to add a sense of luxury to your every interior, to bring that designer appeal out of your personal investment – whether starting a full renovation or perfecting an already beautiful home. POWERFUL PALETTES
› One of the most subtle yet powerful ways to
communicate a sense of luxury is through the use of an expertly assembled neutral colour palette. When done wrong, the look can read drab, but when created correctly the scheme reveals new depths upon every viewing. The key is to combine multiple shades, textures and tones to achieve a calm but complex look – subtle contrasts accent each others finest qualities.
058 NEW CONDO GUIDE SEPTEMBER 13 - 27, 2014
SAFARI CREWEL EMBROIDERED CUSHION FROM THE YANIC SIMARD SELECTED COLLECTION
› Review your space and consider what subtle tones are
the strongest. For example, if you have a warm-hued floor, add some touches of cool metals or icy-grey leather to play against it. Look for places to add white, cream, beige, taupe, grey, “greige” (grey-beige), tan, brown, gold, bronze and tiny touches of black, while mixing soft and hard textures for full variety. By sticking to neutrals you’ll be sure to coordinate, as long as you reapply warm and cool tones throughout the room.
LOTUS CAPIZ SHELL TEA LIGHT HOLDER
Luxe Look: Sheep-fur pillows
always add a rich textural statement, or try a small splash of an animalinspired pattern. (Safari Crewel Embroidered Cushion, Yanic Simard Selected Collection.) AREAS OF INTEREST:
› I often encourage clients to run
one flooring material throughout a space, applying a single hardwood to the living, dining, bedroom and even kitchen areas, making a clean, continuous statement. However, this doesn’t mean you should avoid carpeting altogether, but actually the opposite: layering a large area rug over your hardwood creates the most sophisticated statement. › Size a rug to leave about one to two ft. of floor exposed at each side, making sure the carpet tucks under your seating. Enough wood will show around the borders of the room to reveal its presence, while giving you a soft surface to nestle into and an opportunity to add a new colourful or elegantly textural statement. Luxe Look: Cream carpeting layered over deep espresso walnut. LIGHT UP THE DARK
BRONZE ROSE TEA LIGHT HOLDER
Luxe Look: Use at least three light sources in every space. Consider adding tea light holders in warm metallics to add a complex golden glow anywhere. HIDDEN DEPTHS
› A full wall of floor-to-ceiling drapery is a powerful designer trick in more ways than one: it creates a rich textural backdrop that speaks of bespoke craftsmanship, but also erases any imbalances or asymmetry in the placement of windows, bulkheads, or other awkward architectural features, for a seamless look. › Draping an entire wall with no break (on a hidden track in the ceiling if possible) puts the focus on the beautiful material, and anything else you choose to layer in front of it. Don’t be afraid to apply a textural fabric behind an upholstered headboard for a doubly luxe bedroom setting (with extra sound dampening). Luxe Look: Use simple unpleated drapery in a textural linen to create soft elegant waves of material.
› Embracing wood or stone finishes on
vertical surfaces adds visual texture and a sense of intimacy to a space, but can absorb a great deal of light and leave an area feeling heavy. Layering light is always important, but be sure to add extra sources around your dark cabinetry, wardrobes or other weighty elements. Ensure as many lights as possible are controlled by a dimmer to allow you to adjust the atmosphere to suit your mood. › A dropped ceiling panel over an island provides space for a plenitude of new pot lights, while subtly defining a zone within an open plan. Diversity of light sources avoids harsh shadows, for a rich glow, so consider adding soft new lights to every room. SEPTEMBER 13 - 27, 2014 NEW CONDO GUIDE 059
AFTERTHOUGHTS: Here are a few other ways to add last-minute luxe touches to your space – even after the designer has left. › Replace two chairs at your dining table with a bench or settee to create the feeling of a private booth, and a fun visual surprise. › Trade out busy bedding for white linens with a single colourful bolster matched to an upholstered bench. Add my Aspen Faux Fur throw folded neatly at the foot for additional inviting texture. › Have a good florist create a cactus planter to add exotic flair that will survive your week away unattended. › Instead of adding a lamp to the bedside table, order a floor lamp with a built in table from a lighting boutique, for an uncommon traditional-yet-modern twist. › When your space is already beautiful, the most stunning artwork will be an oversized mirror in a textural frame.
TANTALIZING TILE
› The must-have bathroom statement of the design era is an
oversized tile wall, applying a richly grained stone floor to ceiling for the ultimate spa-like atmosphere you can enjoy every day. › Pairing this treatment with a minimal glass shower enclosure and sparkling neutral fixtures (in white, dark woods, and nickel) lets the natural patterning take all the well-deserved attention. Add a cut-crystal vessel sink as the jewel of this treasure chest.
Luxe Look: Try Roberto Cavalli tile installed vertically on a simple offset.
060 NEW CONDO GUIDE SEPTEMBER 13 - 27, 2014
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
LAST CHANCE AT PRECONSTRUCTION PRICING SALES CENTRE TO CLOSE ON WEDNESDAY, OCTOBER 1ST TO MAKE WAY FOR CONSTRUCTION!
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SEPTEMBER 13 - 27, 2014 NEW CONDO GUIDE 061
TARION REPORT
// BY HOWARD BOGACH
ALL NEW HOMES IN ONTARIO COME WITH A WARRANTY
Howard Bogach is president and CEO of Tarion Warranty Corp. For more information about how Tarion helps new-home buyers, visit tarion.com or find them on Facebook at facebook.com/ TarionWarrantyCorp.
B
uying a newly constructed home in Ontario comes with the security of knowing you have somewhere to turn if your home has defects or building code violations. Your home’s mandatory warranty is provided by your builder and backed by Tarion. Although it is often lumped into one warranty for simplicity sake, in actuality, all new homes in Ontario come with deposit protection and delayed closing or occupancy compensation, in addition to three separate warranties. The warranties begin the date the home is completed for possession but end at different times and cover different items. 062 NEW CONDO GUIDE SEPTEMBER 13 - 27, 2014
What to look for and how to maintain your warranty rights
While it is the builder’s responsibility to ensure the home that is properly constructed and free from defects, it is the homeowner’s responsibility to identify any defects within the warranty time frame. The question we are often asked is, “What am I supposed to be looking for?” Just because you own a home, doesn’t mean you are an expert in new home construction. Knowing what to look for and when will help ensure your home’s warranty provides protection when and if you need it. In the first year, your home’s warranty covers defects in work and materials, ensures it is fit for habitation and is constructed according to the Ontario Building Code. The first year warranty includes almost everything inside and outside your home that was provided by the builder. During the first year, it is essential to keep a keen eye on the condition of your home, as this is the most comprehensive warranty of the three. Some of the things you should be looking for are cracks in flooring and drywall, with a careful eye on all finishings within. Electrical and plumbing fixtures are covered under warranty for the first year only, so if there is a light that does not turn on or a faucet that isn’t working properly, this should be noted within the first year. The same is true for heating and air conditioning. Inspect your home’s equipment to ensure it is working properly within the first year. The two-year warranty protects against defects in materials including windows, doors and caulking to prevent water penetration into the home. This warranty also covers defects in electrical, plumbing and heating delivery and distribution systems. Finally, the seven-year warranty covers your home from major structural defects. This includes the failure of a load-bearing portion of your home. You’ll want to look out for major cracks in your home’s foundation or exterior cladding, interior separation of drywall between ceilings, walls and floors, large gaps in interior finishings, or movement in the basement floor. Any of these examples could suggest a major structural defect and may need further investigation. Tarion has a very broad interpretation on what can constitute a “major structural defect.” Please visit our website or call us if you are looking for more information about your home’s seven year warranty. Once you move in, continue to inspect your home regularly. If there are issues that fall under the warranty, your builder is responsible for fixing a defect, but if he/she doesn’t, Tarion will step in. Just about all new houses and condominiums in Ontario come with a mandatory warranty that begins when you sign a purchase agreement, and lasts seven years from the date of first possession. This means that if you are a new homeowner, you have warranty protection, guaranteed by Tarion Warranty Corp. MyHome is the simplest way to manage your warranty. As soon as you take possession of your home, you can
Where luxury takes wing.
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Life. Lived better.
CONDO PROFILE
THE NEST ON ST. CLAIR WEST
IN HILLCREST VILLAGE starts construction!
t
oronto is migrating to The Nest on St. Clair West in Hillcrest Village, a nine-storey midrise that offers unobstructed bird’s-eye views all around – especially to the city skyline from its perch surrounded by quiet, residential neighbourhoods. The Nest sits proudly on the southwest corner of St. Clair Avenue West at Hendrick Avenue, the newest component of the ever-changing, ever-evolving Hillcrest Village. With sales now over 50 per cent, demolition is underway with construction to follow later this fall. Hillcrest Village is where residents can escape the bustle and stress of the city – without having to leave town. Friendly people, wonderful restaurants, excellent shopping, big green spaces and a hopping (but not intrusive) nightlife make this the neighbourhood Torontonians are re-discovering in droves. The Nest is big on style thanks to the collaborative efforts of the design and development team of The Rockport Group, RAW Design architects, award-winning interior design firm II BY IV Design, and landscape architects Janet Rosenberg & Studio. For almost 60 years, The Rockport Group has produced a long list of successful residential communities as it leads the way in the development of innovative, infill urban communities with 21 Clairtrell, its recent success. 064 NEW CONDO GUIDE SEPTEMBER 13 - 27, 2014
“We pride ourselves on achieving a human scale in our projects,” explains Jack Winberg, Rockport’s president and CEO. “We’ve got thirdand fourth-time purchasers buying from us. That’s because we contribute to the community when we build. We’re part of it all – shopping, parks, residences. With The Nest, we’re kick-starting a resurgence to bring in new people who want to move here, to be a part of it all. We’re equally pleased to be selling to people that live in the community, like this project and want to stay here.” On its exterior, the contemporary, tiered styling of The Nest features a facade of clay brick, fibre cement composite panelling and floor-to-ceiling windows. The south elevation of The Nest reveals expansive outdoor spaces by virtue of its stepped design. It will include a green roof with water conservation features along with geothermal heating and cooling on site, providing long-term benefits to residents and the environment. Winberg describes RAW as being responsible for the “wow factor” in the design that maintains the flow of light and air to the existing neighbours, while offering street appeal below.
BUILDING AMENITIES INCLUDE A STUNNING LOBBY, A MAIN-LEVEL LOUNGE/FLEX SPACE WHICH INCLUDES A LIBRARY AND FIREPLACE, AND A SPECTACULAR ROOFTOP TERRACE SHOWCASING UNOBSTRUCTED PANORAMIC CITY VIEWS
Hillcrest Village has seen an infusion of new restaurants and retailers eager to serve young families who are moving into this community, as close to city living as they can get. Wychwood Barns is the heart of this regenerated neighbourhood – a unique and treasured complex offering artist live/work space, conference and event space, public growing areas as well as a covered street for markets and shows. Hillcrest Park and Wychwood Barns Park provide green space within a stroll of The Nest. The St. Clair streetcar is at the doorstep offering ease and convenience to reach downtown. In addition to open-concept suites that vary in size from 450 to 1,250 sq. ft., there are a few penthouse suites remaining. Purchasers still have an opportunity to purchase at pre-construction pricing for a limited time only. It is an exciting time for the community as The Nest is well underway with demolition, signaling the start of construction. All suites feature European inspired kitchens with granite or quartz counters and integrated appliances, along with hardwood throughout, while all balconies and terraces are equipped with a gas connection.
With that in mind, for a limited time purchasers will receive a free gas barbecue. Suites are priced from the mid-$200’s. Building amenities include a stunning lobby, a main-level lounge/flex space which includes a library and fireplace, and a spectacular rooftop terrace showcasing unobstructed panoramic city views, destined to be a gathering spot for residents living within this intimate building of only 122 suites. There will also be retail shops at street level. You’ll find the presentation centre at 784 St. Clair W., open Monday and Tuesday from noon to 6 p.m.; Wednesday 1 to 7 p.m.; Saturday and Sunday noon to 5 p.m. Check out thenestcondos.com or call 416.223.0003. SEPTEMBER 13 - 27, 2014 NEW CONDO GUIDE 065
STYLE FILE
PHOTO CREDIT Larry Arnal
SPA-LICIOUS! // BY PAUL SEMKULEY THERE IS NOTHING MORE RELAXING
than having a warm bath in a serene environment; blue sky above, greenery and flowers surrounding you and a view that takes your breath away. But wait! You open your eyes and you realize that you’re not in some lush tropical locale, but in your own bathtub, at home, within four walls. Ugh, Calgon take me away! Upgrading your bathroom often yields a return of 100 per cent or more for sellers. It also adds value to how you presently live in your home, as it helps you maintain the space, keeping it current and new. 066 NEW CONDO GUIDE SEPTEMBER 13 - 27, 2014
So where does one begin? Firstly consider that the functionality of the room is totally different from any other room, with the least amount of space to work with (unless your ensuite is the size of a double-car garage!). It must offer comfort, convenience, safety and utility of the room. Are you a loungebather or a shower staller? Either one is great, but if you’re not likely to take baths then I would recommend not including a tub. Once you have decided what best suits your lifestyle, this will help you determine the types of plumbing fixtures you will need. Next to consider, would you like your bathroom to be transitional or more modern and sleek? Keep in mind that your bathrooms still need to flow with the rest of the home. If they stand out too much, there is a big disconnect to the rest of the space. One thing is for certain – use a close-grained plywood and hardwood like birch, maple or poplar for the cabinetry. MDF is fine for painted cabinetry, but it won’t hold up to the humidity and moisture that a bathroom will bring. When choosing tiles, stick to floor tiles that are honed of ceramic or porcelain composition, or natural stone that doesn’t become slippery when
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NOW UNDER CONSTRUCTION. Suites from the mid $200’s
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Exclusive Listing: Baker Real Estate Incorporated, brokerage. Brokers Protected. *Limited time offer. Some restrictions may apply. Please speak to a sales representative for more details. Prices and specifications are subject to change without notice E.&O.E.
SEPTEMBER 13 - 27, 2014 NEW CONDO GUIDE 067
wet. There’s nothing worse than doing a pirouette and wiping out in your new bathroom. The tiles should also be a proper dimension – too big and they will overpower the room. Smaller-sized tiles are best kept in the wet/shower areas to contain them, so the space doesn’t look too busy. If you’re cold after taking a bath of shower, have an under-tile heating system installed to provide additional warmth underfoot, all year round. Wall tiles walls can be polished and be used to create a simple pattern, or larger sizes to create the illusion of full slabs of stone. Not all the walls in the bathroom need to be tiled, either. Those that are not in a wet area, I love to use a commercial vinyl wallcovering which are mould and water resistant, and bring a different texture to the room. This is especially great to do in a condo where you may only have one bathroom, giving the space added panache and style, where it will be used as a powder room too. Like other rooms in your home, the bathroom furniture needs to be to scale, particularly for smaller condos. A floating tub is beautiful but requires plenty of room around it, so it doesn’t look like it’s too big for the room. If it is, opt out and consider making the shower area larger, adding in a steam component, and then allowing enough room for a bench so that you can sit back relax and enjoy the benefits of steam. I also like to design and include a vanity that is not wall to wall, both in a house or condo, so it provides balance to the room and it looks like a beautiful piece of furniture that was made purposefully for the size of the room. It should have plenty of storage and counter space, so that everything is just a single reach away. An upgraded, decked-out bathroom can bring you peace of mind, knowing that you can get a great return on your investment when you sell, and lift your spirits and renew your senses while you live there. Here are some additional tips for beautifying your spa-licious bathroom:
PHOTO CREDIT Joe Saraceno
Paul Semkuley at the Fall Home Show Paul Semkuley will be at the 26th annual Toronto Fall Home Show running Sept. 18 to 21 at the Better Living Centre, Exhibition Place. Get renovation advice from Paul on Sat., Sept. 20 and Sun., Sept. 21 at 11:30 a.m. Visit fallhomeshow.com for more details.
TIPS › Vanity heights should be between 32 and 36 inches › Sconces should be placed on either side of a mirror for best lighting; 60 to 72 inches up from the floor, and the distance between them between 36 and 40 inches. › Towel bars mounted at a height of 48 inches › Treat and seal natural stone tiles yearly to prevent water damage and staining › Showerheads are best on a bar that allows the fixture to slide up and down; maximum height of the showerhead itself should be between 77 and 81 inches › Built-in shower benches need to be 17 to 19 inches in height with a depth of 15 inches › Clearance in front of any piece of furniture in the room is minimum 30 inches
068 NEW CONDO GUIDE SEPTEMBER 13 - 27, 2014
PAUL SEMKULEY is principal of re:source lifestyles, an interior decorating firm combining the love of art, fashion and design, dedicated to creating beautiful, distinct and uniquely personal interiors. Focusing on fresh lifestyle-based designs, re:source lifestyles will infuse your personality and understated luxuries, to inspire you and provide the comforts to enrich your daily experience of living. For more information, visit resourcelifestyles.com.
IN THE NEWS
Exciting new incentive offered at
HOWARD PARK 2 CONDOMINIUMS IN THE HEART OF RONCEY VILLAGE HOWARD PARK 2 CONDOMINIUMS
from Triumph Developments, the second phase of a spectacular new condominium community in the heart of Roncesvalles Village, is now offering attractive special incentives to allow first-time purchasers to buy into a luxury building in the heart of one of Toronto’s most livable and lovable neighbourhoods. Howard Park 2 suites feature luxurious finishes, and the stepped hillside design of this midrise project allows for large outdoor terraces on every level. For a limited time on smaller suites, the incentive offer includes: » Free blinds, free storage locker and free bike locker. » Flexible down payment program with only five per cent down in 30 days, $1,000 a month until occupancy, and topped at 20 per cent upon occupancy. With prices starting from just $241,900, Howard Park 2 offers one of the most affordable condominium values in Toronto. With sophisticated features like gas cooktops and truly innovative and unique floor plans, the 96-suite, boutique-style building also offers a full listing of amenities. For more information on Howard Park 2 Condominiums and how to take advantage of these special new incentive offers, visit the sales office and model suite at 60 Howard Park Ave., log on to howardpark2.com or call 416.873.0989. 070 NEW CONDO GUIDE SEPTEMBER 13 - 27, 2014
City living that’s a step up.
ONE BEDROOM + DEN
593 SF PLUS BALCONY
$325,900
STARTING FROM
Floor to ceiling windows
balcony 26 sf
Good size balcony
living | dining
9ft high ceilings
Own
E SUIT T H I S only with W N* 5% DO
dw
14’6” x 15’7”
Large spacious living/dining area f
Plank flooring throughout
European inspired kitchen with integrated appliances, gas cooking and stone countertop
Modern sliding doors
bedroom
9’6” x 10’0”
den
7’7” x 10’10”
Comfortable oversized den
Oversized bathroom with stone countertop and deep soaker tub
Roncesvalles Ave
Bloor St W
Full-size stacked washer and dryer
w d
Be Pa rt of the Ronce svalle s Community. See Our Model Suite - 60 Howard Park Avenue Sat-Sun 12-5 pm Mon-Wed 12-6 pm or By Appointment
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HowardPark2.com 416.873.0989
Exclusive listing: Milborne Real Estate Inc. Brokers Protected. Rendering’s are an artist’s impression. Specifications are subject to change without notice. E.&O.E.
*Own the 593 sq.ft. suite with only 5% down in 30 days, then pay $1,000 per month until occupancy. At occupancy top up to 20%. Ask sales rep for more details.
FALL 2014 EDITION FREE
HOME&CONDO THE GUIDE TO BUYING AND MANAGING YOUR FIRST HOME
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YOUR FIRST MORTGAGE Stress-test before you buy
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CHECKING OFF ALL THE COSTS – AND OPPORTUNITIES TO SAVE! SPECIAL EDITION
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CHOOSE CREATIVITY OVER CONFORMITY
074 NEW CONDO GUIDE SEPTEMBER 13 - 27, 2014
ZIGG WHERE TRADITIONALISTS ZAG. An intimate, new building at 223 St. Clair West. Unique terraced design. All the hot spots moments away. Transit that keeps you connected. Modern amenities to keep you entertained. TAKE THE FIRST STEP. REGISTER NOW.
STARTING FROM THE LOW $300’S | ZIGGCONDO.CA
Marketed by International Home Marketing Group. Prices and specifications are subject to change without notice. Rendering is artist’s concept only. E. & O.E. Brokers protected.
CONDO PROFILE
ZIGG,
a new look for Forest Hill
i
n an area known for its stately homes and conservative aesthetic, Zigg projects an upscale urban vibe. Madison Homes and Fieldgate Homes have chosen to bypass the ordinary in favour of the unexpected. Along the edge of Forest Hill, on the south side of St. Clair West between Avenue Road and Spadina, surrounded by venerable buildings and traditional design, Zigg will energize the neighbourhood with a burst of contemporary architecture.
This 11-storey condominium – with 164 suites and three two-storey townhomes – will be situated on a ridge that will provide residents in the southfacing terrace suites with spectacular, unobstructed views of downtown and the lake. Looking north, there are sweeping views of the green canopied Forest Hill
076 NEW CONDO GUIDE SEPTEMBER 13 - 27, 2014
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THE LUXURIOUS MAIN STREET LOUNGE IS AN ELEGANT, WELL-APPOINTED AMENITY WITH STYLISH SEATING AROUND A FIREPLACE, TELEVISION, AND KITCHEN FACILITY, PERFECT FOR LARGE AND SMALL GATHERINGS neighbourhood. To the west, there’s the classic architecture of Timothy Eaton Church and blazing sunsets. And, to the east, tranquil sunrises and the lights of Yonge Street. Kirkor Architects and The Design Agency have collaborated to give Zigg a modern sensibility within the confines of a timeless style. The name “Zigg” was inspired by the architectural form of a stepped pyramid of receding levels known as “Ziggurat.” The unique façade and blend of traditional and modern elements makes an unforgettable impression that is sure to turn heads. Upon entering the two-storey lobby, you are welcomed by a glowing fireplace and the hallmarks of contemporary design. Just beyond, sophisticated amenity spaces provide multiple opportunities for entertaining, fitness and relaxation. The beautifully appointed private dining room features a kitchen, lounge and suspended fireplace. The multi-purpose party room with bar, big-screen TVs and billiard table flows into the adjacent media lounge. Take advantage of the fitness centre and the convenient pet washing station with separate street access. But, the amenities at Zigg are not confined to the ground floor. The impressive rooftop terrace with indoor bar area is the perfect place to lounge or entertain guests against a backdrop of incredible skyline views. A variety of elevations create areas for sun bathing,
barbecuing, dining alfresco and intimate conversation are all enhanced by modern furnishings, trellis and a linear fireplace. The residences of Zigg are the culmination of the designer’s vision. Intelligent layouts and expansive windows embrace clean lines and superior finishes to create a living environment that is the perfect marriage of comfort and contemporary design. Sleek kitchens feature designer cabinetry, integrated appliances, stone countertops and islands. Luxurious bathrooms offer soaker tubs and frameless glass shower enclosures. Zigg’s balconies and generous terraces add another dimension to gracious urban living. All that this exceptional condominium has to offer is complemented by an extraordinary location. Be whisked away by streetcar or enjoy a short walk to either the Yonge or University subway lines. Poplar Plains Road provides the perfect bike route into the heart of the city and you have immediate access to Sir Winston Churchill Park with tennis courts, a dog park, running track and kids’ play centre. A couple of blocks away are the exclusive shops and restaurants of Forest Hill Village. The area also has some of the best schools in the city including Upper Canada College, Bishop Strachan, Forest Hill Collegiate Institute, St. Michael’s College School and De La Salle. Zigg offers one-, two- or threebedroom suites and townhomes from the low $300’s. Choose creativity over conformity. Choose Zigg. For more information visit ziggcondo.ca. SEPTEMBER 13 - 27, 2014 NEW CONDO GUIDE 077
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FINANCES
HOUSEHOLD DEBT UP SIX PER CENT TO $76,140 More Canadians have a mortgage, fewer with credit card debt, student loans unchanged THE AVERAGE HOUSEHOLD DEBT IN CANADA HAS RISEN
with Alberta leading the way, According to BMO’s Annual Debt Report released recently. The report also details how the mix of debt – mortgages, credit cards and student loans – for households in the provinces has changed year over year. The report, conducted by Pollara, revealed that household debt has increased in each region across Canada, except for the Prairies and Ontario. Alberta remains the province with the highest household debt, $48,698 above the national average. Alberta and BC are above the national average, while the other provinces are below.
FROM $72,045 LAST YEAR TO $76,140 IN 2014,
AVERAGE HOUSEHOLD DEBT
National
ATL
QC
ON
MB/SK
AB
BC
2013 $72,045 $47,237 $56,860 $76,970 $82,100 $89,026 $79,089 2014 $76,140 $64,120 $59,805 $67,507 $68,437 $124,838 $99,834
Other noticeable regional differences include:
›› Albertans have nearly twice the average household debt than Ontarians ($124,838 versus $67,507, respectively). ›› Atlantic Canadians took on more than $16,000 of household debt this year compared to 2013. ›› British Columbians also took on more debt – $20,745 more this year than last. ›› Those in the Prairies reduced their debt by $13,000 from last year.
$ Alberta has the highest household debt, Quebec has the lowest $ Ontario and Prairies have cut household debt from last year $ More Canadians hold a mortgage, as Millennials are entering the housing market 078 NEW CONDO GUIDE SEPTEMBER 13 - 27, 2014
Sal Guatieri, senior economist, BMO Capital Markets, notes that the booming economy of Alberta, particularly Calgary, has made the province an outlier compared to other regions. “Part of the reason household debt in Alberta is so much higher than in other provinces may be due to rapidly rising house prices, which have caused homebuyers to take on larger mortgages.” The BMO Debt Report also reveals the type of debt Canadians have in 2014 compared to last year:
›› Forty-three per cent of Canadians hold mortgage debt, an increase of 13 per cent year over year. ›› More than half of Canadians have a credit card balance, but the number of households has dropped from 56 per cent to 52 per cent this year. ›› Student loans have remained stable, with 15 per cent of Canadian households reporting this type of debt The rising share of households with a mortgage is partly driven by the active participation of first-time buyers, mainly young Canadians, Guatieri notes. TYPES OF DEBT
National
Credit Cards 52% Mortgages
ATL
QC
ON
MB/SK
AB
BC
60% 46% 54% 45% 50% 58%
43%
31% 46% 40% 38% 53% 44%
Student Loans 15%
20% 11% 19% 3% 17% 10%
“It is encouraging to see Canadians are paying down credit card debt, which costs more – especially compared to today’s low mortgage rates,” notes Tony Tintinalli, regional vice-president, BMO Bank of Montreal. Tintinalli encourages Canadians to speak with a financial planner to set realistic financial goals and a budget, and put a plan in place to pay down their debt aggressively, whether by opting for a shorter amortization for those with mortgages, or by choosing a credit card with a lower monthly interest rate.
THE TIME IS NOW
CONSTRUCTION IS UNDERWAY
THE TIME TO BUY IS NOW A great selection of designer suites are still available. This is your last chance for pre-construction pricing. VISIT OUR PRESENTATION CENTRE FOR MORE DETAILS AND TO LEARN ABOUT OUR LIVE FREE BE FREE INCENTIVE.
DEVELOPER
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LIFEATPARKSIDE.COM | 905 273 9333 465 BURNHAMTHORPE RD. W. MISSISSAUGA, ON PRICES & SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. RENDERINGS ARE ARTIST’S CONCEPT – E.&O.E.
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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 - Occupancy Date April 2014 35 Bastion Street & 38 Grand Magazine Street, Toronto Sales Office Located at 125 Western Battery Rd. 647.341.1731
NOW UNDER CONSTRUCTION Ivory on Adelaide - Occupancy Date End of 2014 400 Adelaide St. East, Toronto Sales Office Located at 125 Western Battery Rd. 647.341.1731 EPIC - Occupancy Date January 2015 48 Abell Street, Toronto Sales Office Located at 1151 Queen Street West 416.516.5848 Edge - Occupancy Date August 2014 2-6 Lisgar Street, Toronto Sales Office Located at 1151 Queen Street West 416.516.5848 Musée - Occupancy Date July 2016 Pre-construction Pricing 525 Adelaide Street West, Toronto Sales Office Located at 125 Western Battery Rd. 647.341.1731
GRAND OPENING 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 Adelaide and Widmer Toronto Presentation Centre Hours: Mon–Thurs: 12pm–6pm Fri: Closed Weekends & Holidays: 11am–5pm
Keep updated by following us: Brokers protected. Prices, sizes and specifications subject to change without notice. E.&O.E.
5%
On signing In 180 days In 270 days On occupancy
1 Bedroom + Den from $369,000 2 Bedrooms from $425,000
AROUND THE HOUSE
FAVOURITE FALL FINDS at the Toronto Fall Home Show // BY TINA HOLMES
1
WITH MORE THAN 300 RENOVATION AND DÉCOR SPECIALISTS at Toronto’s largest Fall Home Show,
there are many innovative products and great design solutions to inspire a wide array of projects for your home. Here are a few of my Favourite Fall Finds that cannot be missed this year at the Fall Home Show, which runs from Sept. 18 to 21 at the Better Living Centre, Exhibition Place.
2
1 Samsung introduces the ultimate immersive viewing experience with the world’s first Curved UHD TV. It’s innovative curved design and astonishing UHD picture quality draws you into the entertainment like never before. Samsung makes every seat the best seat in the house.
3
2 The Artemano urban bar table is made of dark, industrial metal paired with vibrant recycled wood originally used in the construction of Indonesian fishing boats. Developed to lower an impact on the environment, the wood used is not only stunningly beautiful, it has proven durability. 4
082 NEW CONDO GUIDE SEPTEMBER 13 - 27, 2014
3 Made in Ontario and constructed from historic sites, farms and old buildings, each Patterson’s Fine Furniture and Design Corkscrew Table is unique, one-of-a-kind, and full of character. 4 Discover the colours found in Fusion from Homestead House Paint Co., a new line of mineralbased furniture paint, perfect for your home decor. Delivering an exceptional matte finish, this 100-percent acrylic latex paint requires no priming, sanding or top coat!
5
5 Perfect for indoor and outdoor use, Rainlite Weatherproof Candles are weatherproof and worryfree. The durable plastic shell can withstand rain and will not melt in the sun and heat. Drainage holes in the top and bottom, and rubber seals ensure your candle remains in a good condition, whatever the weather! Rainlite runs for 1,000 hours on two D batteries and features Truflame LED technology, an eight-hour timer and an optional remote for more features. 6
7
8 After years of silver being the reigning accent metal of choice, now all the glitters is gold. Gorgeous and totally glamorous, gold is back with a vengeance in the world of home décor and will add sparkle to any setting. Casalife’s Gleaming Gold ceramic horse and it’s modern lines would look great in any room. 10
6 The photo mural of the Canadian Shield rock face by Artist Donn Petelka for Mural Unique measures 15 by nine ft. The mural is made of 10 strips and is pre-pasted, washable, dry strippable and reusable wallpaper mural that hangs like wallpaper and is easy to install. 7 Cambria welcomes six new clean, simple and sophisticated designs that provide the perfect foundation for any decor. Get the beauty of natural stone, without compromising day-to-day performance. Nevern (pictured) is inspired by the juncture of land and water and features a compelling palette of creamy taupes and browns, wisps of berry, and a subtle silver shimmer that flow together beautifully. 9 Kemf HOTflake’s heated anti-slip doormats are made of moulded rubber and melt snow and ice to protect you from slips and falls. 10 Marvelously hand woven in flexible recycled plastic with a sturdy steel frame, casalife’s Acapulco Chair combines ergonomic comfort with retro-modern aesthetic form. Its weave perfectly cradles the body offering ultimate comfort. This chair is durable for outdoor and indoor use alike. Completely transform your balcony, pool-side space or favourite room with one of these funky chairs!
ABOUT TINA HOLMES Tina Holmes is the show manager for the Toronto Fall Home Show, running Sept. 18-21 at the Better Living Centre, Exhibition Place. Over 20 years in the industry make her an authority on home decor and renovation. Searching for inspiration? Find Tina on Twitter at @HomeShowsTO and @tinalovespinot, where she dishes on the hottest decor tips and trends for each season. fallhomeshow.com SEPTEMBER 13 - 27, 2014 NEW CONDO GUIDE 083
IN THE NEWS
Bank of Canada maintains
OVERNIGHT RATE TARGET AT ONE PER CENT THE BANK OF CANADA HAS ONCE
again announced that it is maintaining its target for the overnight rate at one per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent. Inflation is close to the twoper-cent target and is evolving as the Bank anticipated in its July Monetary Policy Report (MPR). Recent data reinforce the Bank’s view that the earlier pickup in inflation was attributable to the temporary effects of higher energy prices, exchange rate pass-through, and other sector-specific factors rather than to any change in domestic economic fundamentals. The global economy is performing largely as expected. The recovery in Europe appears to be faltering as the situation in Ukraine weighs on confidence. In the United States, a solid recovery seems to be back on track, with business investment now making a significant contribution to growth. Global financial conditions remain very stimulative and longer-term bond yields have eased even further. In Canada, stronger growth in the second quarter has brought GDP to almost exactly the level the Bank had projected in July’s MPR. Canadian exports surged in the 084 NEW CONDO GUIDE SEPTEMBER 13 - 27, 2014
second quarter after a weak winter, supported notably by stronger U.S. investment spending and the past depreciation of the Canadian dollar. While an increasing number of export sectors appear to be turning the corner toward recovery, this pickup will need to be sustained before it will translate into higher business investment and hiring. Meanwhile, activity in the housing market has been stronger than anticipated. The Bank still expects excess capacity in the economy to be absorbed during the next two years.
Activity in the housing market has been stronger than anticipated. The Bank still expects excess capacity in the economy to be absorbed during the next two years. Overall, the risks to the outlook for inflation remain roughly balanced, while the risks associated with household imbalances have not diminished. The balance of these risks is still within the zone for which the current stance of monetary policy is appropriate and therefore the target for the overnight rate remains at one per cent. The Bank remains neutral with respect to the next change to the policy rate: its timing and direction will depend on how new information influences the outlook and assessment of risks. The next scheduled date for announcing the overnight rate target is October 22.
DUNDAS SQUARE GARDENS
N E P O NOWN TORONTO’S OW DOWNT
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8 9 9 , $1909,000 OFF P
+UTO
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Sales Centre 200 Dundas Street East, Second Floor Mon. - Fri.: 12-6pm Sat. & Sun.: 12-5pm
VISIT OUR SALES CENTRE TODAY TO LEARN MORE ABOUT OUR LIMITED TIME OFFERS!
416-645-8575
DUNDASSQUAREGARDENS.COM
Exclusive Listing: Baker Real Estate Incorporated Brokerage. Brokers Protected. *Prices and specifications are subject to change without notice. Conditions apply.. See Sales Representative for details. Illustrations are artist’s concept. E.&O.E.
SEPTEMBER 13 - 27, 2014 NEW CONDO GUIDE 085
INDUSTRY INSIDER
10 minutes with...
EASTON’S STEVE GUPTA
TORONTO’S DUNDAS STREET EAST
and Jarvis Street will soon be the site for Easton Group’s newest residential condominium building. Easton’s Group’s president and CEO Steve Gupta’s passion for developing hotel properties spans four decades. Dundas Square Gardens will rise on the spot of the eight-storey building that, according to Mr. Gupta, had a lot of wasted space, with each floor being 14 ft. high. The new condominium will accommodate a range of buyers, and will be a striking gateway to the east.
“If you want to look one year ahead and see results, plant flowers; if you want to look 10 years ahead, plant a tree. To have an effect 100 years down the road, educate a generation.” 086 NEW CONDO GUIDE SEPTEMBER 13 - 27, 2014
From the time he purchased a truck stop in Port Hope in the early 1970s and augmented it with a hotel and restaurants at the cusp of the explosion of highway traffic in the area, Mr. Gupta showed his penchant for timing developments wisely. Today, he continues to add hotels to his portfolio across the Greater Toronto Area and has expanded into the residential condominium market. The striking Dundas Square Gardens design includes a 47-storey tower and a 17-storey Garden Tower featuring five large rooftop gardens and terraces. This unique arrangement will inject more than one-third of an acre of green space into the heart of the city. “We have to make the suites fairly compact for affordability,” Steve explains, “so we are providing residents with the equivalent of a backyard to enhance their quality of life. In these outdoor spaces, they will be able to read, mingle with neighbours and even host a party. It will feel like a resort hotel. In addition, the rooftop garden limits heat loss, so it is environmentally friendly.” Mr. Gupta enlisted Page + Steele / IBI Group Architects to design his vision. “I have been working with them for 15 years, and we have a great relationship. I know what I want, and they keep drawing until I say ‘yes.’” The iconic architecture will feature a shifting white grid wrapping the façade, with balcony stacks at specific corners. “Mansoor Kazerouni did very good work translating my passion onto paper.” For similar reasons, Mr. Gupta selected Munge Leung for the interior design. “A leader is as good as his team, and I surround myself with the best people. Munge Leung did the interiors for King Blue Condominiums, which has been very well received. Their sensibilities are in line with mine.” Those sensibilities, as well as Mr. Gupta’s real estate empire, rose from an auspicious visit to Canada from India in the early 1970s. “People told me the winters were too rough for me, that I couldn’t live here. As soon as someone says I cannot do something, I say, ‘watch me!’ I applied as a Landed Immigrant and was accepted right away. This is a beautiful country rich with natural resources, and I like the four seasons. It is a wonderful place to raise a family.” And family means a lot to Mr. Gupta, both personally and professionally. His three daughters work for Easton’s Group: Reema is director of operations; Reetu is vice-president of sales
Snapshot DEVELOPER Easton’s Group (A Steve Gupta Company) WHY A STEVE GUPTA COMPANY? The name Steve Gupta has come to stand for award-winning excellence in whatever brands his companies pursue. Mr. Gupta has been honoured with numerous awards for his entrepreneurship, creative vision and dedication to community service.
DUNDAS SQUARE GARDENS
The striking Dundas Square Gardens design includes a 47-storey tower and a 17-storey Garden Tower featuring five large rooftop gardens and terraces. and marketing and strategic development; and Shelley is executive director of finance and condo development. Mr. Gupta also has a son, Suraj, who earned the highest GMAT score in Canada and received a Governor General’s Award when he completed his studies. “I am so proud of my children, and so is my wife, Rashmi. She balances our home life and enables me to spend the time at work that is necessary for this level of success.” The entire Gupta family lives by its beliefs, which Mr. Gupta says includes giving back to the greater community. “Last year, Reetu participated in a dance competition for the Community Foundation of Mississauga, and Shelley ran 10 kilometres to raise money for good causes.” Recently, Easton’s Group announced a donation of $1,000 to Ryerson University for every suite sold at Dundas Square Gardens, and Mr. Gupta will top up the donation to $1 million. “If you want to look one year ahead and see results, plant flowers; if you want to look 10 years ahead, plant a tree. To have an effect 100 years down the road, educate a generation. My education in math and science has served me well. The world is a university, so the more prepared we are, the better we do.” Part of his preparation involves spiritual practices. “My family and I pray every day before breakfast. I love to spend time with them at our cottage in Muskoka, and I love what I do for a living. Work is also my worship.” As for the future for Steve Gupta companies, “We want to grow even more and help the Canadian economy. One crane in the city represents hundreds of jobs. We are building much more than residences.”
VALUES Across Easton’s Group’s properties, six core values work together to ensure total customer satisfaction: development, integrity, excellence, service, teamwork and respect. First and foremost, Easton’s Group and Steve Gupta uphold excellence in every aspect of development, design, construction and customer service, as well as exemplary generosity when it comes to giving back to the greater community. MARKET NICHE Easton’s Group and Steve Gupta build for residential condominium purchasers and hotel guests who appreciate top-notch quality and customer service that goes beyond expectations. CURRENT CONDOMINIUMS
Dundas Square Gardens King Blue Condos COMPLETED HOTELS
Hilton Garden Inn Toronto City Centre Hilton Garden Inn Toronto Downtown Residence Inn Toronto Downtown Holiday Inn Toronto Yorkdale Hilton Garden Inn Toronto/Vaughan Hilton Garden Inn Toronto Airport West Mississauga Courtyard by Marriott Toronto Brampton Homewood Suites by Hilton Toronto Vaughan Springhill Suites by Marriott Toronto Vaughan Courtyard by Marriott Kingston Holiday Inn Pointe-Claire Montreal TownePlace Suites Sudbury TownePlace Suites Thunder Bay COMING SOON
TownePlace Suites Markham Courtyard Marriott Markham TRACK RECORD
Through dynamic leadership, superior quality, meticulous attention to detail and award-winning customer service, the Easton’s Group has grown into a major force in the hospitality and service industry. The firm’s current portfolio spans Ontario and Quebec, consisting of 15 hotels under the flags of Marriott, Hilton and IHG. Mr. Gupta is the only hotelier to opened three new hotels in 2009 when the country was struggling through a recession.
AWARDS
Under Steve Gupta’s leadership, he and The Easton’s Group of Hotels continue to be honoured with prestigious industry awards of excellence. In 2010, Mr. Gupta became the first Canadian and the only South Asian to have won the Marriott Horizon Partnership Circle Award. He received the Queen’s Diamond Jubilee medal in 2012 and the Queen’s Jubilee Award for community service on the Queen’s 50th Anniversary in 2002. For a full list of the many accolades that he and the Easton’s Group have earned, visit eastonsgroup.com/awards/
SEPTEMBER 13 - 27, 2014 NEW CONDO GUIDE 087
MAKE YOUR MOVE
// BY CHUCK RESNICK
WHEN MOVING, EVERYONE WINS PLAYING BY THE RULES
Chuck Resnick is vice-president of marketing and operations, Two Men and a Truck Canada. twomenandatruck.ca
W
hen hiring a professional mover, you expect to have your possessions packed and/or transported safely. It is a common expectation, also shared by your movers. However, sometimes movers may be unable to take some of your belongings onto their truck.
Another “rule” to be aware of if you live in a condo highrise is arranging with your property manager to reserve the elevator for the day and time of your move. Right up front, you should determine how this process works. 088 NEW CONDO GUIDE SEPTEMBER 13 - 27, 2014
Federal and provincial regulations prohibit movers from transporting hazardous materials such as, but not limited to, propane canisters, flammables and gasoline cans unless they are empty of fuel, as well as paints, solvents, firearms or anything deemed to be a “hazardous material.” It is important for consumers to understand what can and cannot be moved beforehand. Movers also establish their own guidelines. At Two Men And A Truck – Canada, it is challenging for us to secure plants on our trucks and we prefer not to move valuables such as jewelry, stocks, bonds and cash, as examples. Common sense dictates that these are items you would want to take yourself. If you have items of extraordinary value such as paintings, sculptures and antiques, let your mover know ahead of time. The issue here is insurance, and the basic package your mover offers may not cover these exceptional goods. Although we don’t offer additional insurance to cover these at our company, we can arrange for it. You can also check with your own insurance company about covering these special items; your homeowner’s policy may have a rider for goods in transit. If it does, there’s no need to reinvent the wheel. It is still critical to know and understand how much insurance your moving company carries. Ontario’s Conditions of Carriage, part of the Highway Act, requires movers to insure at least $0.60 per pound at a bare minimum. At Two Men And A Truck – Canada, we insure items up to $250,000, which is far higher than the minimum. We also offer replacement cost with a $250 deductible. Extremely large items and tough-to-move items such as pianos, pool tables and massive wall units are a challenge. We do move them every day. We use a piano board that makes it easier to move a baby grand, but it is much harder to move an upright piano, which takes muscle power, heavy-duty dollies and a truck with a lift gate. Another “rule” to be aware of if you live in a condo highrise is arranging with your property manager to reserve the elevator for the day and time of your move. Right up front, you should determine how this process works. Let your mover know where the loading/unloading zone is, or whether they will have to walk items through the lobby to get to the elevator. The more your mover knows ahead of time, the more accurate their estimate will be. No one likes moving day surprises – including your mover. Communication is key. Once we all know where we stand, we can work together for a successful move.
Coming Soon Fall 2014
WELCOME TO THE START OF SOMETHING NEW. URBAN STYLE ON THE WESTSIDE The best is yet to come at Kipling and Dundas, with a new master-planned community that can keep up with you. Steps from the Kipling Subway and close to major highways, you’re well connected to the neighbourhood’s hip bistros, trendy cafes and abundant greenspaces.
CREATE YOUR OWN STORY. SUITES FROM THE LOW $200s.
REGISTER NOW
TheKipDistrict.com
#KIPDISTRICT Map is not to scale. Prices, availability, design and specifications subject to change without notice. E.&O.E.
SEPTEMBER 13 - 27, 2014 NEW CONDO GUIDE 089
Now you can view all New Condo Guide magazines online using any smartphone, tablet or desktop device.
VIEW OUR MAGAZINES ON ANY
DIGITAL DEVICE anytime, anywhere! Published by
NEWCONDOGUIDE.COM
WHY PAY RENT WHEN YOU CAN OWN AT TRIUMPH AND SAVE $100’s EVERY MONTH. YOUR RENT MORTGAGE INTEREST PROPERTY TAXES CONDOMINIUM MAINTENANCE TOTAL EXPENSE MORTGAGE PRINCIPAL (YOUR SAVINGS)
$1,500 $498* $188 $346 $1,032 $468*
*LET OUR SALES REPRESENTATIVE EXPLAIN JUST HOW THIS CAN WORK FOR YOU.
1 BEDROOM + DEN (INCLUDING PARKING) FROM THE MID $200’s. Triumph, the exciting third phase of Valhalla in Etobicoke is now open! Two new decorated designer suites. Incredible amenities. Spectacular views. And value that has to be seen to be believed. Be the smartest. Be the first. It's your Triumph.
TRIUMPHCONDOS.COM 416.233.5554
BURNHAMTHORPE RD
HWY 427
SITE SALES CENTRE GIBBS RD BLOOR ST W
THE EAST MALL
VALHALLA INN RD
SEE THE QUALITY. VISIT OUR PRESENTATION CENTRE & MODEL SUITES 2 GIBBS ROAD MON-THURS: 12-6PM SAT, SUN, & HOLIDAYS: 12-5PM FRIDAY: CLOSED
UP TO $20,000 CASH BACK. *Let our sales representative explain how this works for you. The above schedule is based on current rent of $1,400 for a 1 bed + den suite (630sq.ft.) increasing 4% per year to $1,500. Example: Suite 1906 $265,990, 20% deposit $53,198 plus $10,000 cashback from Developer, Mortgage $202,792, 3% 25yr. amortization, monthly payment $960.00 ($462 principal and $498 interest, maintenance fees $346 and realty taxes 0.85% of purchase price). Principal payment of $462 is approx. 30.8% which is the savings we refer to. Exclusive listing brokerage MarketVision Real Estate Corp. Brokers protected. Prices and specifications subject to change without notice. E.&O.E. Illustration is artist’s impression.
SEPTEMBER 13 - 27, 2014 NEW CONDO GUIDE 091
IN THE MARKET FOR A
NEW HOUSE
OR A CONDO?
We think finding a home is a lot more than simply finding the right property. That’s why we put you right in the middle of the search process.
Search your favourite neighbourhood
Find out about nearby services and amenities
View new construction projects and register to get the latest info
Visit the new real estate section on canpages.ca and start looking for that special place.
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092 NEW CONDO GUIDE SEPTEMBER 13 - 27, 2014
When it comes to your home, the little things matter. The same goes for home insurance.
We’ll get you all the benefits you’re entitled to with TD Insurance home protection. We are dedicated to getting you the most out of your home insurance coverage. In fact, we recognize our claims staff for working hard to get you the benefits you’re entitled to, because we know how much the little things matter. So you can be sure that we’ll always stand with you.
Get a quote now. Visit tdinsurance.com/littlethings or call 1-877-741-1932 TD Insurance home protection is underwritten by TD Home and Auto Insurance Company in Ontario and by Primmum Insurance Company in the rest of Canada. ® The TD logo and other trade-marks are the property of The Toronto-Dominion Bank.
SEPTEMBER 13 - 27, 2014 NEW CONDO GUIDE 093
STYLE FILE
Habitat for Humanity Toronto
GTA UPCYCLE CHALLENGE: STYLIZED CELEBRITY EXPERTS AND EMERGING STYLE, DÉCOR AND DIY BLOGGERS strapped on their tool belts once again for the third annual Upcycle Challenge: Stylized presented by Rust-Oleum at the Toronto Fall Home Show, where they sourced and repurposed a household item from one of the nine Habitat for Humanity GTA ReStore locations and transformed them into one-of-a-kind masterpieces in five categories: Country Rustic, Industrial, Eco Chic, Vintage Glam and A Twist of Modern. Participants included Lindsey Gerrish (LGrecreated); Leigh-Ann Allaire Perrault (Cityline expert and colour aficionado); Janet Hamilton (Paint It Like New), Melissa Davis (designer, Catherine + Davis), Chris Palmer (designer craftsman), Antoinette Plummer (interior decorator, visual display artist and blogger), Tim Malonie (home renovator), Lisa Canning (interior stylist) and Cristina Barbosa (from the Fall Home Show team) to name a few. “The Ultimate Upcycle Challenge: Stylized is the perfect way to draw attention to how easy it is to turn something used into something new while
raising awareness for Habitat for Humanity GTA,” says Tina Holmes, Toronto Fall Home Show manager. “The creativity and talent of our Upcycle participants is truly inspiring. This year, they’ve exploited their creativity in every way they can; their only stipulation was that they must use Rust-Oleum paint in their creation.” “This Upcycle Challenge is a great inspiration to me; it allows a chance to showcase
After Before
A Twist of Modern with a hint of Industrial, Tim Malonie found two funky chandeliers and a number of metal rods and epoxy to construct a six-seater dining table. The chandeliers are the base, supported by the metal rods, and the tabletop is made out of epoxy to resemble a glass surface.
094 NEW CONDO GUIDE SEPTEMBER 13 - 27, 2014
After Before Creative engineer Chris Palmer transformed an old dresser, with it’s original manufacturing tag saying “handmade in 1969,” into a Vintage Glam dresser with mirror. Chris took it apart, stripped it down and built it back up, piece by piece. He finished it off with Winter Fog from the Rust-Oleum Transformations line and added an accent of gold paint on every raised edge to make the finish on this dresser pop that much more. The drawer interiors were painted gold and lined with a raised, paintable wallpaper.
From an old chandelier, Lindsey Gerrish created an industrial floor lamp with a burst of light fixtures to match the bright yellow finish.
After Before
the possibilities of what others consider useless, old and out of style, and transform it into something amazing and new. It’s a second life on an upper scale for these old relic pieces of furniture,” says Palmer. “I’m a big supporter of re-using and re-purposing for most things, and with this challenge put on at the Fall Home Show, it brings a great deal of attention to a well-worthy charitable group.” Each item will be posted on the Fall Home Show Facebook Page and voted on from Sept. 8 to 20. The item with the most votes will receive the grand prize of a $500 Visa card. All items will be on display in the Habitat Humanity Exhibit Area at the Toronto Fall Home Show and up for auction on site throughout the show, which runs from Sept. 18 until Sept. 21 at the Better Living Centre, Exhibition Place. For more information or tickets, call 1.877.715.7469 or visit fallhomeshow.com. SEPTEMBER 13 - 27, 2014 NEW CONDO GUIDE 095
CONDO WATCH
Beacon Condominium by Sorbara Development Group
416
Builders: If you would like to include your preview registration, new release or site opening in this feature, just email the details to Lydia.McNutt@wall2wallmedia.com
Coming this fall to North York City Centre Elevate living. Register now. Web: BeaconCondos.ca
Now open, artistic lofts at Queen and Bathurst. Visit the sales office and model suite today. Web: TheHarlowe.com
The Kip District by Concert Properties
The HUB by Empire Communities
Register now. New condo coming this fall to Kipling and Dundas. Web: TheKipDistrict.com
New release of townhomes in Eglinton West. Ask about the Investment Ownership Program. Web: EmpireTheHub.com
The PJ by Pinnacle International
Totem Condominium by Worsley Urban Partners
Live where Pearl meets John. New condos coming soon. Register today. Web: PJCondos.ca
The Barrington Condominium Flats by Lash Group of Companies
Condominiums coming soon to Forest Hill. Register now for brilliant living, midtown style. Web: BarringtonCondos.com
Diva Condo by Torbel
North York’s newest boutique condo is coming soon. Register now to stay informed. Web: DivaCondo.com
new releases & grand openings previews & registrations Islington Terrace by Tridel
Coming soon to the vibrant Islington Village community. Register to stay informed. Web: Tridel.com
Blue Diamond at Imperial Plaza by Camrost Felcorp
Brilliant living is coming soon to Avenue Road and St. Clair. Register now. Web: BlueDiamondCondos.ca
Wellesley on the Park by Lanterra Developments
An iconic address is taking root at Wellesley between Bay and Yonge. Register to stay informed. Web: 11Wellesley.com
The Eglinton by Menkes
The Eglinton is truly “Yonge” at heart. Condos coming soon to Yonge and Eglinton. Register now to stay informed. Web: Menkes.com
Residences of 488 University Avenue by Amexon Development Corp.
55-storey glass and steel tower launching soon on University Avenue. Register now to stay up to date. Web: 488University.com 096 NEW CONDO GUIDE SEPTEMBER 13 - 27, 2014
The Harlowe by Lamb Development Corp.
One Park Place, South Tower by The Daniels Corp.
Now on sale and under construction at Sumach south of Dundas, the “one” place to be in downtown east. Web: DanielsOneParkPlace.com
Riva del Lago by Monarch
Now open – a new boutique condo is making waves on Etobicoke’s Humber Bay waterfront. Web: MonarchGroup.net
365 Church by Menkes
New release now available and construction starting soon in the heart of the action at Church and Carlton. Web: Menkes.com
Aristo at Avonshire by Tridel
Elegance and luxury inspired by Parisian haute couture. The Global Style Model Suite is now open. Web: Tridel.com
Canary Park Condominiums by Dundee Kilmer Developments
Presentation centre and model suite now open! A perfect 100 on walkscore.com, stellar amenities, iconic architecture. Web: TotemCondos.com
Howard Park 2 by Triumph Developments
Model suite now open. Final phase of this master-planned community in Roncesvalles Village. Only 95 residences. Web: HowardPark2.com
Smart House by Malibu/Urban Capital
New release of the Corner Collection at this award-winning condo in the heart of the city. Web: SmartHouseToronto.com
Brownstones at Westown by Lindvest
Discover tremendous value at Weston Road and Sheppard Avenue West. The “Astoria” model suite is open for viewing. Web: Lindvest.com
The Nest by Rockport Group
Now open on St. Clair Avenue West – a sophisticated new residence at a great midtown address. Web: TheNestCondos.com
50 at Wellesley Station by Plaza
New release in the thriving Yonge-Wellesley neighbourhood, conveniently located right on the subway line. Web: PurePlaza.com
SQ at Alexandra Park by Tridel
Grand opening continues at a dramatic new condo in this master-planned community at Spadina and Queen. Web: Tridel.com
Dundas Square Gardens by The Easton’s Group
Now open! Downtown Toronto’s main event – new condos coming soon. Web: DundasSquareGardens.ca
Harmony Village by City Core Developments
Grand opening continues at award-winning Canary District. Visit the new on-site presentation centre. Web: CanaryDistrict.com
Now open at Sheppard and Warden. Live in perfect harmony. Web: HarmonyVillage.ca
90 Niagara by Fieldgate Homes
Watermark by Queenscorp Residences
Fully furnished model suite now open to view at this boutique residence of just 45 suites. Web: 90Niagara.com
Model suites now open in the popular Long Branch community. Check them out today. Web: Queenscorp.com
releasing releasing this november this november at north york at north york city centre city centre ACT NOW ACT NOW
the ultimate urban lifestyle The massive amenities area takes up the majority of the third floor, offering residents beautiful facilities for entertaining, dining, working, working out, and just relaxing and having fun. Why leave home when you can stay in to work out, have a massage, take a dance class, get together with friends, eat, drink, play games, take in a game, or have a party? Plus, there’s wifi throughout, so you’re always connected.
Reflecting Wa
Viewing Seatwall
Sculpting Gym
Billiards/Gaming Lounge
Leisure Court
Party Lounge
The Lounge Zen Spa Lounge
The Bar
Dining Room
The Courtyard
The Courtyard
Interior Din
Relaxing Cha
YOUR OPPORTUNITY AWAITS FROM THE HIGH $200’S ACT NOW. REGISTER TODAY.
beaconcondos.ca
ater Feature
Sculpting Gym
Yoga Studio
Zen Spa Lounge
Spa Steam Room
Spa Treatment Room
Spa Steam Room
Zen Spa Lounge
Theatre/Movie Screening Room
ning Room
aise Loungers
The Great Hall
Renderings and illustrations are an artist’s impression. Specifications are subject to change without notice. E.&O.E.
releasing thisnovember november releasing this north yorkcity citycentre centre atat north york
elevate living elevate living
Sleek design that heightens the senses and lifts the spirit. Beautifully appointed residences with luxe finishes and fantastic views. A glamorous centre-of-it-all location with access to SleekNorth designYork that Centre heightens the senses andchic lifts shopping, the spirit. Beautifully appointed residences Subway Station, entertainment, dining and more. the barand on luxury style.ABeacon. It’s calling you. location with access to with Raise luxe finishes fantasticand views. glamorous centre-of-it-all North York Centre Subway Station, chic shopping, entertainment, dining and more. OPPORTUNITY AWAITS FROM RaiseYOUR the bar on luxury and style. Beacon. It’s calling you. THE HIGH $200’S
ACT NOW. REGISTER TODAY. YOUR OPPORTUNITY AWAITS FROM THE HIGH $200’S ACT NOW. REGISTER TODAY.
beaconcondos.ca beaconcondos.ca EXCLUSIVE LISTING BROKERAGE: IN2ITION REALTY Renderings are an artist’s impression. Prices and specifications are subject to change without notice. E.&O.E.
EXCLUSIVE LISTING BROKERAGE: I N 2 I T I O N R E A LT Y Renderings are an artist’s impression. Prices and specifications are subject to change without notice. E.&O.E.
CONDO PROFILE
BEACON RAISES THE BAR
on livable luxury in North York
r
ising on Yonge Street as a symbol of living well, Beacon by the Sorbara Development Group is much more than a bright light on the landscape. It harkens a promise of livable luxury where city living truly shines. Chic interiors, enviable amenities, comfortable spaces, and a 24-hour concierge service ensure Beacon is a place to live, work, play, shop and relax. Located at North York City Centre, Beacon offers a close-to-it-all location. Showcasing a glazed edifice, it has been designed within a series of contrasting frames that embrace the sleek 35-storey building, adding height and texture to the burgeoning city skyline. Beacon residents will have easy access to the world. An underground walkway connects to the North York Centre subway station which makes it a breeze to
get downtown to Bay Street, the Eaton Centre or the Air Canada Centre. Close to major highways, traveling by car is more convenient than ever, just hop on the 401 or Don Valley Parkway/404. Steps from Beacon are the restaurants, shops and irresistible retailers that have elevated the night life of Yonge Street. Within walking distance are Mel Lastman Square, Gibson House Museum, the Douglas Snow SEPTEMBER 13 - 27, 2014 NEW CONDO GUIDE 097
Aquatic Centre and the library – plus plenty of parks, green space and nearby walking trails. The street-level podium of this thoughtfully designed mixed-use residence houses more than 15,000 sq. ft. of retail. On the third floor are Beacon’s lavish amenities, wrapped in an atmosphere of Zen and awe, a sophisticated extension to your home that will distinguish Beacon from any other. Spanning the gamut from recreation to relaxation is an opulent lounge with a kitchen, bar, dining area and elegant, club-style seating. Residents have a choice of billiards, the gaming lounge and a movie in the screening lounge.
TAKE YOUR YOGA MAT TO THE OUTDOOR TERRACE OR JUST MEDITATE BY THE REFLECTING POOL
Squeezing in time for fitness has never been easier with an in-house sculpting gym for cardio and weights, as well as a yoga studio. Then take it down a notch with a visit to the Asian-inspired spa area with its steam room and treatment room. Take your yoga mat to the outdoor terrace or just meditate by the reflecting pool. A barbecue, fire pit and courtyards complement outstanding outdoor living. Two guest suites offer accommodations for visitors who won’t want to leave. Rising above is a slender tower of 372 luxury residences, raising the bar on luxury and style to become the ultimate urban lifestyle in the sky. Surrounded by Toronto’s glittering skyline, floor-toceiling windows offer amazing views. Designer features and finishes include gorgeous kitchens, stone countertops, soaker tubs and spacious balconies and terraces. Suites range from cozy 488 sq. ft. one-bedrooms to 1,346 sq. ft. with two bedrooms and a den. Prices start from the high $200,000s. The Sorbara Development Group is family-owned and managed with more than 60 years of experience in building fine homes and neighbourhoods. The company has partnered with Wallman Architects and Rafael+Bigauskas Architects, both specialists in urban design, landscape architect thincdesign, and Union 31 interior design, plus In2ition Realty and The Walsh Group to market Beacon. For priority preview viewing of Beacon, register at beaconcondos.ca.
098 NEW CONDO GUIDE SEPTEMBER 13 - 27, 2014
WHEN
PEARL MEETS
JOHN It’s love at first sight. The slim build. The witty personality. The rich possibilities of an exciting life together. Downtown living turns a corner. And it’s fabulous!
COMING SOON
The appeal of handsome architecture. The charm of a vibrant location. Attractive, luxurious and best of all – available! Introducing PJ CONDOS, at the corner of Pearl & John, in Toronto’s Entertainment District.
FIND YOUR MATCH!
Suites from the $300s
REGISTER NOW!
416.596.1600 | PJCONDOS.CA
PINNACLEINTERNATIONAL.CA TORONTO . MISSISSAUGA . VANCOUVER .
Brokers Protected. Rendering is artist’s concept. Prices and specifications are subject to change without notice. E.&O.E. SEPTEMBER 13 - 27, 2014 NEW CONDO GUIDE 099
North York’s Newest Boutique Condominium
• Walking distance to Downsview subway station and other amenities • Close to Yorkdale Mall and Downtown North York • Live close to the 572 acre Downsview Park, Canada’s largest urban park
Offering North York’s Best Value 2 BEDROOM DESIGNS S TA R T I N G F R O M
299
$
1 BEDROOM DESIGNS S TA R T I N G F R O M
219
,900 $
416-636-0555 or
,900
divacondo.com
*Certain terms and restrictions apply, see sales representative for details. E. & O. E. Rendering is Artist’s Concept.
100 NEW CONDO GUIDE SEPTEMBER 13 - 27, 2014
Grand Opening this Fall
SEPTEMBER 13 - 27, 2014 NEW CONDO GUIDE 101
Saturday September 20th 12pm Sharp!
GRAND OPENING ✔$15,000 IN UPGRADES ✔MOvE IN wIth $1,499 x 12* ✔FREE LOCKER FAIRvIEw MALL, 401, DvP, & SUBwAY StEPS FROM YOUR FRONt DOOR!
FAIRVIEW R ALL D
IEW FAIRV
WM
IE FAIRV
MALL
DRIVE
404
FAIRVIEW MALL ST
UE EA
AVEN
ST
A AVE E PARD PARD
SHEP
DON
404
ROAD
DON
MILLS
SHEP
MILLS
401
RD
The party room brings people together, in style.
Monday - thursday 1-7 pm saturday & sunday 12-5 pm Friday Closed (416)773-1066
ONE BED
TWO BED
200s 300s
$
FROM
401
Presentation Centre 245 Fairview Mall Drive, north York
MID
$
FROM
LOW
mysoulcondos.ca IN2ITION
The lobby - A starting point, a meeting place.
*$20,000 deposit available on select units and for qualified purchasers only. 20% of total purchase price minus initial $20,000 deposit due on Interim Occupancy. Additional fees and restrictions apply. Please see a Sales Representative for full details.**Other selections available from Builder’s standards. Samples are subject to change without notice. Dimensions, specifications and materials are approximate only, may vary, and are subject to change as provided in the Agreement of Purchase & Sale. Illustrations are artist’s concept and subject to change without notice. Promotions are limited time offers and subject to change without notice. Brokers protected. E.&O.E.
The
HWY. 401
SHEPPARD AVE. W.
FINCH AVE. W.
ACTUAL AERIAL PHOTO
WESTON RD.
Westown
at
N
Brownstones
401
HWY. 400
AR PP E SH
VE DA
WE
ST
2 YEARS FREE MAINTENANCE*
“ Lindvest”, the Lindvest logo, and “Life Happens Here” are trade-marks of Lindvest Properties Limited and are used under license. Reproduction in any form, without prior written permission of Lindvest Properties Limited, is strictly prohibited. Renderings are artist’s concept only. Pricing, specs and availability subject to change without notice. E.&O.E. * For a limited time only. See sales representative for complete details.
HOURS OF OPERATION: Sat & Sun: 11am – 6pm Mon-Thu: 1pm – 8pm. Friday & Holidays: Closed
lindvest.com
Visit Our Model Home and Presentation Centre
Starting From $329,900
3% CASH BACK!*
Spacious Two Bedroom Homes
PURCHASE WITH ONLY $5,000*
LIVE LARGER FOR A LOT LESS. AN ESTABLISHED COMMUNITY AND NEIGHBOURHOOD. FIVE MINUTES TO THE 401 AND 400 HIGHWAYS. IMMEDIATE ACCESS TO TTC TRANSIT, GREAT SHOPPING, SERVICES AND SCHOOLS. TWO MINUTE WALK TO SPORTS FIELD, SPLASH/ICE PAD & PARK. WALKING DISTANCE TO SUMMERLEA PARK. QUICK DRIVE TO LOCAL GOLF!
SATURDAY, SEPTEMBER 20TH AT MARKHAM AND ELLESMERE
A NEW
RELEASE OF SKY
SUITES
LIVE IT UP
TH PT 20 SAT. SNETO 4PM NOO
FodRFEesE tival
Fo
SAVINGS $28,000
*
oods, tional F Interna rtainment, Ente ore! &M
UP TO
Free Food Provided by
LIMITED TIME OPPORTUNITY This weekend let ME take you to new heights with the release of the spectacular Sky Suites. Inspiring views, exceptional designs, everything you want is here with ME at Markham and Ellesmere – condominiums, townhomes, shops and parks designed around urban excitement. Building highlights include a dramatic lobby with concierge, spectacular amenities, a Miami-inspired rooftop deck with pool, cabanas, barbeques and lounging areas. Welcome to ME Living, a lifestyle that’s all about you!
Condos from the mid
$200’s
**
Included
PLUS
CASH BACK
1%
***
401
416.4 3 0 . 0 0 0 3
Presentation Centre: 1151 Markham Rd Hours: Mon-Thurs: noon-6pm, Fri.: Closed. Sat & Sun: noon-5pm *Limited time only. **On select suites. ***See Sales Representative for details. Prices and specifications subject to change without notice. Exclusive Listing Broker, The Condo Store Realty Inc., Brokerage. Brokers Protected. E. & O.E. 2014. *Renderings are artist’s concept.
ELLESMERE RD. MORNINGSIDE AVE.
meliving.ca
MARKHAM RD.
FLEXIBLE DEPOSITS
PARKING & LOCKER
MCCOWAN RD.
EASY
LAWRENCE AVE. E.
• 1 & 2 BEDROOM CONDOS AT ISLINGTON & QUEENSWAY
COMING SOON
AN INCREDIBLY SMART INVESTMENT!
$169,900 FROM
*
• BEAUTIFULLY LANDSCAPED PARK • POOL, TERRACE, GYM, PARTY ROOM & MORE
UNDER CONSTRUCTION
• STEPS TO TTC, MINUTES TO DOWNTOWN • CLOSE TO SHERWAY GARDENS, QEW, GO TRANSIT
CONDOS PHASE 2
REGISTER NOW
REGISTER TODAY FOR THE PRIORITY PREVIEW SALE
PHASE II AT IQ
register at
IQCONDOS.COM 416.253.5838 FOLLOW US ON Exclusive Listing Brokerage: Baker Real Estate Incorporated. Brokers Protected. *Prices and specifications are subject to change without notice. Illustrations are Artist’s concept. E.&O.E.
AUG 30 - SEP 13, 2014 NEW CONDO GUIDE 105
NEIGHBOURHOOD PROFILE
Discover the new
Anthony Jong is a broker at Re/Max Hallmark Realty Ltd., Brokerage, specializing in homes, condos and commercial properties. Email anthonyjong@live.com, visit online at anthonyjong.ca or call at 416.836.2821
W
hen I was growing up, the Toronto waterfront was a weekend destination. The day was spent having lunch at Pier 4 Restaurant, Toronto’s first dining establishment on the harbour until it closed in 2012 after 35 years in operation. Sometimes, we would catch the ferry to the Toronto Islands for a nice afternoon stroll through the gardens. The adventure continued with a walk along the harbour ending at Queen’s Quay Terminal and Harbourfront Centre that were always bustling with people wandering through the shops and art galleries. Once a year, we would explore Ontario Place, especially during the weeks that the Canadian National Exhibition ran in August.
106 NEW CONDO GUIDE SEPTEMBER 13 - 27, 2014
// BY ANTHONY JONG
TORONTO WATERFRONT There were activities for everyone, but the waterfront – and Queen’s Quay in particular – was a cold and concrete valley. The area always felt like an appendage of Toronto, with the train tracks and Gardiner Expressway acting as barricades. Queen’s Quay, for all intents and purposes, was a traffic throughway that was an alternative to Lakeshore Blvd. and the last threshold between the most southerly edge of the city and Lake Ontario. Nothing seemed to be working in this area that always had so much potential. Historically, silt deposits mostly from the erosion of the Scarborough Bluffs created finger-like extensions of land away from the lakeshore in the central area of Toronto’s waterfront. Most of the waterfront, including Ashbridges Bay to the west and the Port Lands to the east at Cherry St., were landfilled in the early 1900s. The shore was landfilled largely as a result of sewage, farm waste, and garbage dumping into the lake that raised health concerns. Since the turn of the 20th century, the central waterfront developed into a major industrial area and provided large-vessel shipping access to communities stretching from Scarborough to Mimico. The harbour we have today is a result of this industrial boom. As the Financial District prospered after the Second World War and real estate development was taking shape in Toronto, these industries around the central waterfront slowly moved to the urban fringes, leaving behind contaminated land that was once used for oil and coal storage, waste disposal, and heavy manufacturing. It is difficult to pinpoint the start of the waterfront development, but the construction of the CN Tower in the 1970s coupled with the 1972 Canadian election to improve the central waterfront and minimize industrial use ignited the massive and ongoing change we still see today. In November 1999, the launch of the waterfront renewal project was underway. Code-named, the Wave of the Future, it was a joint task force funded by the three levels of government to revitalize our city’s waterfront. Approximately $1.5 billion was committed to fund the transformation over the next 30 years. EXPLORE THE BOARDWALK GARDENS AND PARKS The redevelopment of Toronto’s extensive boardwalk is taking shape. Between Bathurst Street and the Ferry Docks, the boardwalk consists of public art, galleries, gardens, restaurants, cafes, gardens and an urban beach. The Toronto Music Garden at the foot of Lower Spadina is a three-acre garden that is designed around the “First Suite for the Unaccompanied Cello” by Bach. The garden features the annual Summer Music in the Garden – a series of free classical concerts during the summer. Bench seating is limited and an abundance of residents bring their own lawn chairs.
COME SEE WHY WATERMARK IS MAKING WAVES ON THE ETOBICOKE WATERFRONT. MODEL SUITES NOW OPEN Immediate Occupancy • 5% Deposit • Free Parking • Locker Storage Over $40,000 in Upgrades Included in Price
Starting from $306,900
All prices & specifications are subject to change without notice. E.&O.E. All Illustrations are artist’s concept only. Brokers Protected
Long Branch
3609 Lake Shore Blvd. W., Suite 104 Monday to Thursday 12 pm to 7 pm Saturday, Sunday & Holidays 11 am to 6 pm 416.354.2221 I queenscorp.com
N
Brown’s Line
Presentation Centre
Lake Shore Blvd. W.
Kipling Ave.
The Most Outstanding Mid-Rise Building
Thirty Fifth St.
Ontario Home Builders’ Association Award Winner
If sitting around soaking up the sun is your thing, make a trip to the HTO Park featuring Adirondack chairs under bright yellow umbrellas on beach sand. Adventureseeking enthusiasts should visit the Simcoe Wavedeck – a beautifully designed boardwalk with varying waves and slopes. It is fun to walk on for all ages and makes a great Kodak moment. As part of the ongoing efforts to revitalize the waterfront, Corktown Common officially opened in July of 2014. This 18-acre urban park is situated in the heart of the West Don Lands neighbourhood at the mouth of the Don Valley. This $27-million park is a self-contained storm system that protects the city against floods. There are approximately 700 trees, wildflowers and a rich habitat for birds, turtles and frogs at Corktown Common. The other component of the park houses a playground with splash pad, wetland, oversized grass field and amphitheatre. During the winter season, families of all ages could enjoy the toboggan hill at the base of the field. HARBOURFRONT CENTRE Located at the heart of Toronto’s central waterfront precinct, this institution and surrounding area has undergone a complete transformation. The city has recently anchored the Harbourfront Centre with two forest-inspired public spaces, Ontario and Canada Squares, as well as an outdoor art exhibition space called the Exhibition Common. The Harbourfront Centre is well known for its artist workshops such as glass blowing and pottery. There are year-round programs for visual arts, artist workshops, dance, theatre, live music and so much more. The Power Plant, one of Canada’s leading public galleries of contemporary art and a key attraction within Harbourfront Centre, is also worth a visit. The gallery often features many Canadian artists as well as their international counterparts. ROUNDHOUSE PARK Even though it is situated just north of the Gardiner Expressway, this old railway land has always fascinated me. The park is named after the John Street Roundhouse, a heritage-designated locomotive roundhouse for the maintenance of Canadian Pacific Railway trains. Now, it is home to the Toronto Railway Museum and Stream Whistle Brewing. The park also features a miniature railway and a fine collection of trains. 108 NEW CONDO GUIDE SEPTEMBER 13 - 27, 2014
MARTIN GOODMAN TRAIL Perhaps the masterpiece of Toronto’s waterfront is the Martin Goodman trail that spans from Woodbine Beach in the east to Etobicoke in the west. This is a paved trail divided into two sections – one for bicyclists and in-line skaters, the other for pedestrians. You can literally travel from one end of the city to the other without the disruption of vehicular traffic. You will walk or bike past most of the aforementioned destinations, and explore other ones such as the Windmill at Fort York, multiple marinas, Ash Bridges Bay, Cherry Beach, Sugar Beach, or be able to hop on a ferry to the islands. QUEENS QUAY REVIVAL This heavy concrete throughway along the central waterfront has always been in need of a major revamp. The goal is to make Queens Quay one of the most beautiful streets in the world. There will be a new roadway constructed for vehicular traffic on the north side; meanwhile the streetcar lanes will be dedicated to the south side of the street. The Martin Goodman Trail and South Side Promenade will also be major components of the transformation of Queens Quay, making the waterfront more accessible and pedestrian friendly.
COMING THIS SEPTEMBER
BR I L L I A N T L I V I NG OV E R L OOK I NG F OR E S T H I L L Introducing The Barrington Condominium Flats, a spectacular boutique building set in one of Toronto’s prime urban neighbourhoods at St. Clair and Bathurst. With TTC at your doorstep and steps to the St. Clair West subway (or if you wish The Underground), this is where you want to be. Cheers to your future at The Barrington!
FROM THE MID
s 300’
$
Register today
BARRINGTONCONDOS.COM | 416.410.4444 BarringtonCondo Prices and specifications are subject to change without notice. Images are for mood and impression only. E. & O. E.
IN THE NEWS
CLOUD9 IS ONE SINGULAR SENSATION
Take advantage of time-limited incentives IT’S A ONE-BEDROOM BLOWOUT AT ONE OF ETOBICOKE’S MOST ANTICIPATED
new communities! For a limited time, every one-bedroom suite at Lash Group of Companies’ Cloud9 is just $229,990. There is much more to this powerful ownership opportunity. One plus one usually adds up to two. However, when you put enough ones together, you can end up on Cloud9! These exciting incentives include: » 1% cash back » 1% in upgrades » 1 parking space = $1,000
» 1 locker = $1,000 » 1 flexible deposit (ask for details) » 1 incredible opportunity!
Cloud9 also has one unbeatable location: the TTC is right outside the door; the GO train just minutes away; Pearson Airport and the new Union to Pearson Express train are close by; the and 400-series highways, which lead off in all four directions, are easily accessible.
Surrounded by golf courses and parks, and minutes from the shopping mecca of Woodbine Centre and all its conveniences, Cloud9 offers residents the best of both worlds. Whether you stay at home or are on the go, this is one perfect address. Now in its 60th trailblazing year, Lash Group has a proven tradition of quality workmanship, innovative design and exceptional value. They have been instrumental in transforming under-utilized neighbourhoods such as Toronto’s King West, and the St. Clair West corridor, where The Barrington Condominium Flats is their fourth area development. Their masterplanned ME Living community is currently helping transform the Scarborough streetscape. Lash Group’s portfolio also includes properties in Florida. Cloud9 is now under construction! Watch your dream get built on the live video feed at cloud9condos.ca. Get all the details about this exciting promotion and find out why Cloud9 is the one for you! Visit the presentation centre and the stunning Tanner Hill-designed model suite at 60 Esther Lorrie Dr. from Monday to Thursday noon to 6 p.m., or weekends and holidays from noon to 5 p.m., Call 416.747.0199.
110 NEW CONDO GUIDE MAY 24 - JUN 7, 2014
ETOBICOKE’S #1 BUY 1 Bedroom Blowout! * Limited Time Only. Now all 1 bedrooms priced at $229,990 regardless of size or floor PLUS these amazing additional bonuses. Suites feature 6 quality appliances and spectacular city and ravine views. Enjoy exceptional Club9 rooftop deck with lounging areas, bbq’s, fitness centre, indoor party room and tanning deck. Ideally located with quick access to TTC, GO Transit, Hwy 401 and close to shops, schools and more. 1 bedroom + den, 2 bedroom and 2 bedroom + den suites also available.** Construction Well Underway.
Now Over 80% Sold.
Model to View. Occupancy 2015.
NOW ALL
1 % 1BACK % 1 1 1 1
BEDROOMS
+ CASH +
BONUS
UPGRADE ONLY
THOU$AND
DOLLAR PARKING AND
THOU$AND
DOLLAR LOCKER
+
EASY-FLEX
5% DOWN PROGRAM
cloud9condos.ca • 416.747.0199
WESTHUMBER BLVD.
401
VIEW LIVE CONSTRUCTION VIDEO ONLINE 400
R. IE D RR
KIPLING AVE.
ESTHER LO
HWY 27
MARTIN GROVE RD.
FINCH AVE. E.
Presentation Centre: 60 Esther Lorrie Dr., Etobicoke Hours: Mon - Thurs: 12 - 6pm, Fri: Closed. Wknds & Hol : 12 - 5pm
*Offer is for a limited time only and may be withdrawn at any time without notice. ** These suites are not eligible for the 1 Bedroom Blowout Program. See Sales Representative for complete details. Prices and specification subject to change without notice. Exclusive listing broker, The Condo Store Realty Inc., Brokerage. Brokers Protected. E.&O.E. 2014.
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* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
# Builder 2 Great Gulf 2 Concord Adex 6 Cresford Development Corp. 7 The Daniels Corporation 17 Rockport Group 18 Urban Capital 23 Tribute Communities 26 Bazis Inc. 27 The Daniels Corporation 28 Empire Communities 31 Worsley Urban Partners 35 Menkes Developments Inc. 38 Easton’s Group 41 Lash Group of Companies 42 Triumph Developments 47 Pinnacle International 48 Minto Communities Inc. 48 Madison Homes 50 Cresford Development Corp. 52 Cresford Development Corp. 52 Cresford Development Corp. 53 Lanterra Developments 56 Streetcar Development 58 Great Gulf 99 Great Gulf 126 Great Gulf 140 Eden Shaw 140 45 Charles Ltd. 149 Camrost - Felcorp 150 Aspen Ridge Homes 155 Lifetime Developments 171 Camrost - Felcorp 190 Cresford Development Corp. 202 Bazis Inc. 202 Rio Can 202 Metropia 215 Dundee Kilmer Developments 218 Malibu Investments Inc. 222 Lamb Development Corp. 223 Concord Adex 1 Goldman Group & Lash Dev. Corp. 1 Goldman Group & Lash Dev. Corp. 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 7 The Daniels Corporation 8 Cresford Development Corp. 8 Cresford Development Corp. 8 Cresford Development Corp. 9 Aspen Ridge Homes 10 Empire Communities 11 Menkes Developments Inc. 11 Menkes Developments Inc. 12 North Drive Investment 13 Streetcar Development 14 Canalfa Group 15 Tridel Corporation 16 Freed 18 Urban Capital 18 Urban Capital 18 Monarch Corporation 19 KIngstone Road Development 20 Menkes Developments Inc. 20 Tower Hill Development Corporation 21 Easton’s Group 21 Remington Group 21 Easton’s Group 21 Remington Group 22 Monarch Corporation 22 Tridel Corporation *TH: Townhomes, C: Condo
Site Telephone TH* C* Price Range Page Finder Yonge+Richmond 416-499-8883 • from $370,000 25 16K FWD at Concord CityPlace 416-813-0999 • • 28-29 13F Merton Yonge Condominiums 416-484-1900 • from $350,000 143 14e High Park Condominiums 416-351-1844 • from $300,000 15 8L The Nest 416-223-0003 • from $250,000 63 11H RC3 416-862-0505 • • from $220,000 45 18L The College 416-363-4800 • from $336,000 43 M14 No1 Yorkville 416-519-2911 • from $388,000 5 15I One Park Place South Tower 416-955-0559 • from $250,000 23 18k Eau Du Soleil Waterfront Condominiums 416-503-3328 • from $350,000 6-7 25B Totem Condominium 416-792-1877 • from $320,000 61 15H The Eglinton Yonge at Heart menkes.com • from $250,000 Insert 15E Dundas Square Gardens 416-645-8575 • from $200,000 85 17k The Barrington Condominiums Flats 416-410-4444 • from $350,000 109 12H Howard Park 2 416-873-0989 • from $326,000 71 9L The PJ pinnacleinternational.ca • from $300,000 99 15L Yorkville Park mintoyorkvillepark.com • • from $390,000 49 14J ZIgg St.Clair West mintoyorkvillepark.com • • from $320,000 74-75 14J VOX 416-485-3000 • from $200,000 IBC 15J CASA 2 416-486-2272 • from $320,000 144 15L CASA III 416-486-2272 • from $350,000 144 15L 11 Wellesley 416-861-1111 • from $250,000 11 15J Riverside Square 416-466-4466 • 57 19L Monde 416-466-8885 • from $310,000 24 17M One Bloor Residences 416-922-0081 • from $540,000 24 15I X2 416-927-0080 • from $500,000 25 16J Chaz Yorkville Condos 416-922-0045 • from $300,000 31 16J Chaz Yorkville Condos 416-922-0045 • from $300,000 31 16J Blue Diamond at Imperial Plaza bluediamondcondos.ca • from $300,000 3 15I Studio on Richmond 647-352-7736 • from $300,000 51 15M The Bond Condominiums 416-546-7525 • • 17 15G Yorkville Plaza II 416-966-3003 • • from $350,000 1 14H 1000 Bay 416-485-3000 • from $390,000 143 15J E Condos 416-243-8688 • from $360,000 19 14E E Condos 416-243-8688 • from $360,000 19 14E E Condos 416-243-8688 • from $360,000 19 14E Canary District Condominiums 416-603-7576 • from $250,000 67 18L Smart House 416-292-0219 • from $250,000 73 15L The Harlowe 416-363-1771 • from $273,000 53 15M FWD at Concord CityPlace 416-813-0999 • • 28-29 15M 530 St. Clair Ave. West 416-868-0500 • from $344,000 12H the rushton rushtonliving.com • from $344,000 12H 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 9L 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 The Parkside Collection 416-351-1844 • from $700,000 8L NXT 2 416-977-5300 • • from $300,000 8N NXT2/Phase Two 416-977-5300 • • from $210,000 8N NXT at Windermere By the Lake 416-977-5300 • • from $350,000 8N VU 416-970-9500 • • from $370,000 16L The HUB 416-784-3482 • from $250,000 9F Pears on the Avenue 416-323-0100 • from $382,000 14I 365 Church 416-591-7700 • from $238,000 14I The High Park 416-670-3699 • from $300,000 8L Trinity Lofts 416-690-2988 • from $330,000 19l Liberty Place 416-537-0047 • • from $170,000 12N 101 Erskine 416-480-0700 • from $286,000 14D 155 REDPATH 416-996-5428 • from $210,000 14D River City 416-862-0505 • • from $250,000 18L River City 2 416-862-0505 • • from $250,000 18L Riva del Lago 416-495-3544 • from $300,000 24c The Glen 416-694-3333 • from $255,000 23H Fabrik 416-591-7700 • from $250,000 14M 2221 Yonge 647-350-2221 • from $320,000 14E King Blue Condominiums 416-599-1355 • from $200,000 12N King Blue Condominiums 416-599-1355 • from $200,000 12N Westinghouse Lofts 416-599-1355 • from $200,000 12N Westinghouse Lofts 416-599-1355 • from $200,000 12N Picasso on Richmond 416-495-3549 • from $400,000 14M Ten York 416-596-9888 • from $1020,000 12F
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
Greenpark Homes Tridel Corporation Bazis Inc. Empire Communities Pinnacle International Pinnacle International Tower Hill Development Corporation Madison Homes Lamb Development Corp. Centre Court Development Menkes Developments Inc. Neudorfer Corporation Cresford Development Corp. Lifetime Developments Fernbrook Homes/Cityzen Dev. K-CAP Laird Inc. Tridel Corporation Pinnacle International Conservatory Group Tridel Corporation Times Developments Inc. MintoUrban Communities Inc. MintoUrban Communities Inc. Lanterra Developments Lindvest Canalfa Group Pemberton Group Lamb Development Corp. E-Park Development Emsatec Canada Inc Neudorfer Corporation Madison Homes State Building Group Empire Communities Lamb Development Corp. Tridel Corporation Tridel Corporation Harhay Developments Carttera Fernbrook Homes/Cityzen Dev. DHD Developments Lamb Development Corp. Harhay Developments Plaza Menkes Developments Inc. Lifetime Developments Aspen Ridge Homes Context Development Inc. Context Development Inc. The Brownstone Group of Companies The Brownstone Group of Companies Great Gulf Plaza Bazis Inc. Metropia Plaza Pemberton Group Pemberton Group The Daniels Corporation The Daniels Corporation The Daniels Corporation Pinnacle International Lifetime Developments Lifetime Developments Concert Properties Triangle West Development Lanterra Developments Tridel Corporation Tridel Corporation Tribute Communities Tribute Communities Graywood Developments Mod Developments Inc. Canderel/Stoneridge Alterra Homes/Finer Space BSaR Ltd Andrin Homes Graywood/Beaverhall Development 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 Camrost - Felcorp Mizrahi | Khalili Developments Sorbara Group Graywood Developments Mod Developments Inc. Reserve Properties Reserve Properties Pemberton Group Streetcar Development Greenpark Homes The Daniels Corporation Tri-Win Developments Inc MintoUrban Communities Inc. Burnac Corporation 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 Pemberton Group Baywood Homes Urban Capital TAS DesignBuild Lamb Development Corp. Lamb Development Corp. Freed Mansouri Living Menkes Developments Inc.
*TH: Townhomes, C: Condo
Site
Telephone
TH* C*
Price Range
Page
Axiom Condominiums 647-352-4077 • from $225,000 Spadina Queen 416-661-1949 • from $350,000 One Yorkville 416-519-2911 • from $300,000 Water Tower at Eau Du Soleil 416-503-3328 • from $320,000 Success Tower at Pinnacle Centre 416-360-0673 • from $750,000 33 Bay Residences at Pinnacle Centre 416-925-3325 • from $375,000 Churchill Park Condominiums 416-966-9080 • from $900,000 The Madison 416-482-8090 • from $420,000 Riverside Towns 416-368-5262 • from $460,000 Core Condos 416-598-2673 • from $220,000 87 Peter menkes.com • Fuse Condos 416-534-4444 from $220,000 Lofts 399 416-867-3999 • from $590,000 The Code thecodecondos.com • from $320,000 Garrison Point garrisonpoint.ca • from $250,000 The Upper House Condos in Leaside 416-425-1800 from $350,000 Alter 416-645-4599 • from $250,000 Palatila Collection 416-925-3325 • from $725,000 Milan 416-928-7409 • from $520,000 Aqualina at Bayside 416-514-2710 • from $350,000 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 3018 Yonge In Lawrence Park 416-787-8882 • from $390,000 B Streets 416-532-6636 from $635,000 Liberty Central by the Lake 416-537-0047 • • The Uptown Residences 416-987-3500 • from $950,000 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 The Upper Canada Condominium 416-489-5194 • from $1800,000 The Upper Canada Condominiums 416-489-5194 • from $1.8,000 Schoolhouse 416-979-1333 • from $595,000 Flatiron Lofts 416-368-5262 from $243,000 300 Front Street West 416-217-0300 • from $324,000 Atmosphere 416-217-0300 • from $1200,000 One Eleven Condominiums & Lofts 647-347-4111 • from $250,000 One Eleven Condominiums & Lofts 647-347-4111 • from $250,000 Pier 27 Waterlink 416-367-3456 • from $800,000 Gooderham Condos at The Distillery 416-361-1322 • from $390,000 The King East 416-368-5262 • from $435,000 East Condos & Lofts 416-368-5262 • from $310,000 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 $303,000 Bisha Hotel & Residences 416-637-2211 • from $274,000 88 Scott 416-216-8588 • Art Condos 416-535-7775 • from $530,000 Riverhouse at the Old Mill 416-766-7343 • from $500,000 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 DNA 3 416-929-1030 • from $220,000 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 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 $280,000 thirtytwo Camden 416-860-0060 • from $240,000 8 Gladstone 416-690-9009 • from $335,000 Yorkville Plaza 416-966-3003 • • from $350,000 133 Hazelton Residence 416-926-9900 • 210 Simcoe 416-217-0210 • from $200,000 Five Condos 416-928-0555 • • from $375,000 Five Condos 416-928-0555 • • from $375,000 Rise 416-546-7399 • • from $290,000 Model Suite of the Month • Neon 416-987-7878 • from $470,000 The Carlaw 416-690-8588 • from $200,000 Allure Condominiums 416-487-7600 • from $350,000 Cinema Tower Condominiums 416-203-2020 • from $450,000 FAD Condos 416-815-1818 • from $250,000 30 Roe 416-915-3812 • from $350,000 South Hill on Madison southhillonmadison.com • from $200,000 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 $318,000 SIXTY Colborne 416-601-0060 • from $300,000 SIXTY Colborne 416-598-7775 • from $300,000 Upper Beach Townes • 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 Park Condominiums 416-603-7576 • from $250,000 Wallace Walk 416-531-1818 • from $210,000 TEN93 Queen West 416-546-6355 • from $280,000 TEN93 Queen West 905-326-4100 • from $280,000 Smart House 416-292-0219 • from $250,000 Duke Condos junctionlife.ca King Charlotte 416-368-5262 • from $416,000 Theatre Park 416-368-5262 • from $537,000 Thompson Residences 416-360-0600 • from $280,000 The Perry 416-926-7555 • from $390,000 Harbour Plaza menkes.com •
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
Finder 17L 15D 15I 25B 17m 17m 13H 14E 19L 16L 15M 9k 14L 13H 13N 18D 16J 16M 15I 18N 17I 14M 14M 14B 13J 12N 16J 14M 9I 9I 9I 14G 14G 13i 20J 15M 15M 13M 13M 17N 18L 18L 18L 13N 15I 15I 14J 17M 17M 9j 9J 14M 17L 14i 14i 14i 15K 15K 18J 18J M14 15M 16J 16m 17M 12N 5L 5L 5L 14M 15I 16J 16J 12N 16L 15L 14D 15M 15I 17M 17M 17M 15L 15L 15L 23J 15G 17L 4H 14L M12 14H 14I 15M 15J 15J 12H 12H 14D 19K 14F 14M 14M 14D 13I 16M 16M 12M 15M 14O 16L 16L 24G 16L 12M 9L 18L 9L 12F 12F 15L 8K 15M 16M
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
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torontoregionalmaps: North York
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
114
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Builder
1 1 5 7 9 14 1 2 3 3 4 4 6 6 6 6 8 10 10 10 15 21 28 33 37 40 50 50 86 94 95 96 96 96 99 101 121 122 122 122 123 124 125 128 128 130 132
Context Development Inc. metropia Lindvest Fram Building Group Sorbara Group Torbel Group Concord Adex Torbel Group YYZed Project management Tiffany Park Homes Tridel Corporation Tridel Corporation Concord Adex Concord Adex Concord Adex Concord Adex Conservatory Group Bazis Inc. metropia Plaza Emery Condominiums Tridel Corporation Tridel Corporation Castle Royale Development Norstar Group of Companies Menkes Developments Inc. MintoUrban Communities Inc. Devron Developments Canderel/Stoneridge DHD Developments Aspen Ridge Homes ELAD Canada ELAD Canada ELAD Canada The Brown Group of Companies Kantium Development Liberty Development Corp. Lanterra Developments Lanterra Developments Lanterra Developments Brandy Lane Homes Tridel Corporation Fram Building Group The Daniels Corporation The Daniels Corporation Tribute Communities Fram Building Group/Cadillac Fairview
*TH: Townhomes, C: Condo
Site
Telephone
The Yorkdale Condominiums The Yorkdale Condominiums The Brownstones at Westown SOUL Beacon Diva Condo Opus The Avanti Condominiums VISTO Westhaven Hullmark Centre Aristo at Avonshire Tango at Concord Park Place Discovery at Concord Park Place Discovery II at Concord Park Place Tango2 at Concord Park Place Pearl 2 Condominiums Emerald Park Emerald Park Emerald Park The Essential Argento Alto at Atria The Palm Condominium Residences Portrait Condominiums Gibson Square 88 Flo Condominiums Aura At College Park Gooderham Scenic on Eglinton Emerald City Condominiums Dreamtower At Emerald City Biyu Emerald City Willow Park at Bayview Posh Condominiums World on Yonge Treviso Condominiums Treviso II Treviso III The Station Trio at Atria LIV Lofts NY Place NY2 Canterbury Flaire Condos
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
TH* C*
Price Range
Page
416-781-9990 • from $170,000 69 416-781-9990 • from $170,000 69 lindvest.com from $330,000 103 mysoulcondos.ca from $250,000 102 beaconcondos.ca • from $250,000 Insert DivaCondo.com from $220,000 100-101 416-813-2999 • • 416-636-0400 from $390,000 vistocondos.ca from $220,000 416-792-6655 • from $633,000 416-733-2883 • from $524,000 416-730-0300 • from $383,000 416-813-2999 • • from $236,000 416-813-2999 • 416-813-2999 • • from $210,000 416-813-2999 • from $265,000 416-512-1818 • 416-221-8802 • from $188,000 416-221-8802 • from $188,000 416-221-8802 • from $188,000 905-887-4888 • from $250,000 416-663-1818 • from $562,000 416-645-8866 • from $288,000 416-306-1000 • from $400,000 416-282-9600 • from $300,000 416-730-9722 • from $385,000 416-915-3805 • from $325,000 647-799-0356 • from $250,000 416-962-8688 • from $995,000 416-361-1322 • from $410,000 416-805-1781 • 416-492-0001 • from $256,000 416-492-0001 • from $248,000 biyucondos.com • from $250,000 416-221-6767 • from $400,000 905-771-0134 • from $544,000 905-771-7010 • from $284,000 416-787-8882 • from $250,000 416-787-8882 • from $250,000 416-787-8882 • from $250,000 416-398-9777 • from $420,000 416-645-8866 from $255,000 416-445-5638 • from $250,000 416-221-3939 • from $250,000 416-221-3939 from $250,000 647-352-2130 • • from $700,000 416-445-8868 • from $320,000
Finder 12E 12E 4C 25C 17C 11C 22C 17C 8E 23G 18D 18D 22C 22C 22C 22C 17C 17C 17C 17C 20E 22e 25D 17B 13C 17C 18c 18c 16K 18l 23G 24C 24C 24C 21 16A A18 12F 12F 12F 12D 24C 22F 19C 19C 19F 22F
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554
1
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Islington Ave
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Kipling Ave
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12 Etobicoke
Rathburn Rd
19
8 ll R Mi
44 Bloor St W
d
Dundas St W
Queensway
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
11 53 3 56 39 4 37 6 33
Gardiner Expressway Evans Ave
Horner Ave
h
70
Park Lawn
QEW
50 8 5 14 51 34 3 35 16
Royal York Rd
Scarborough
d
409
ett R Scarl
Westway
9
*TH: Townhomes, C: Condo
25
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Builder Great Gulf Tridel Corporation Lash Group of Companies Concert Properties Queenscorp Residences Liberty Development Corp. Edilcan Development Corp. Remington Group Lash Group of Companies Insoho Developments Esquire Homes Windcatcher Development Corporation Henderson Development Limited Stanton Renaissance Stanton Renaissance Devron Developments Lemine Investment Group Monarch Corporation Monarch Corporation Conservatory Group Menkes Developments Inc. Wilkinson Developments Carttera Camrost - Felcorp Camrost - Felcorp National Homes Averton Homes Infinity Developments Graywood/Beaverhall Development Monarch Corporation Davies Smith Monarch Corporation Empire Communities Averton Homes Tridel Corporation Amexon Development Corporation City Core Monarch Corporation Tridel Corporation Tridel Corporation Edilcan Development Corp. Pemberton Group Alterra Homes/Finer Space Tridel Corporation Phantom Developments Your Home Developments VHL Developments Ltd. VHL Developments Ltd. Royale Grand Woodbine Developments MintoUrban Communities Inc. First Avenue Properties
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Finch Ave W
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Ranforth Dr
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Centennial
Orton Park Rd
Markham Rd
McCowan Rd
Bellamy Rd
St. Clair Ave
Scarborough Golf Rd
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orto
Lawrence Ave E
3
17
East Ave Port Union Rd
71
* Due to scale restrictions, locators are d 1 see builder’s ads approximate. Please n R for sto exact locations. ng
Victoria Park
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Progress Ave
Brim
Eglinton Ave E
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29
16
427 Morrish Rd
2
Brimley Rd
Warden Ave
Pharmacy Rd
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61
Birchmount Rd
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Kennedy Rd
Ellesmere Rd
Midland Ave
55 401 31
401
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Beare Rd
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Sheppard Ave E Conlins Rd
Milner Ave
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Meadowvale Rd
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Sheppard Ave E
Ave
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12 Reesor Rd
Huntingwood Dr
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Finch Ave E
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Neilson Rd
McNicoll Ave
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Tapscott Rd
McCowan Rd
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65
Lakeshore Blvd W
Site Telephone TH* C* Price Range Page Finder One Sherway Condominiums 416-695-3535 • from $300,000 24 16G Islington Terrace 416-645-8862 • from $250,000 IFC & BC 23F Cloud 9 Condominiums 416-747-0199 • from $230,000 111 22B The KIP District thekipdistrict.com • from $220,000 89 22G Watermark 416-354-2221 • from $307,000 107 19D Terrace on Danforth 416-987-7575 • from $253,000 35 2F Triumph at Valhalla 416-233-5554 • from $199,000 91 21F Park Towers at IQ 416-253-5838 • from $170,000 105 22G Me Condos 416-430-0003 • from $250,000 104 8D Imagine Condos 416-367-7303 from $235,000 4F Three Seven Condos & Lofts esquirehomes.ca • from $210,000 11D Atwater Condos 905-271-5038 • from $280,000 12B Centro 416-296-1898 • from $185,000 6D On The Go Mimico 647-692-8417 • from $250,000 23C On The Go 647-692-8417 • from $250,000 23C The Academy academycondos.com • from $220,000 10D The Academy academycondos.com • from $220,000 10D Nautilus at Waterview 416-203-6636 • from $400,000 25H The Epicurean 416-495-3530 • from $250,000 23F Altitude 416-321-1659 • from $230,000 25H One Sherway Condominiums 416-695-3535 • 16G Hunt Club Terrace 416-698-3020 • 2H Cloud 9 Condominiums 416-800-0812 • from $240,000 22B ilofts at Mystic Pointe 416-251-8888 • from $310,000 25G California Condos 416-251-8888 • from $242,000 25g Richview 416-746-1234 • from $570,000 22E Jasmine Condominiums 416-702-1234 • from $250,000 2C Residences at The Hunt Club 416-699-1711 • from $300,000 2H Ocean Club 416-255-4663 • from $250,000 24C Lago 416-495-3544 • from $220,000 24c Eleven Superior 416-259-8882 • from $220,000 23C Encore 416-495-3544 • 5D Beyond The Sea Star Tower Condominiums 416-979-1333 • • from $400,000 24H Evolution 416-747-9691 • from $250,000 22G Parc Nuvo at Essex 416-231-0999 • from $456,000 22g South Beach 416-252-3000 from $209,000 25H Harmony Village Sheppard 416-493-0123 from $176,000 2C Waterscapes 416-495-3544 • from $400,000 26H Ventus at Metro Gate 416-293-5535 • from $314,000 4c West Village 416-620-1887 • from $290,000 21F One Valhalla 416-233-5554 • from $239,000 21F Vivid Condos 416-239-8200 • from $277,000 23F Westwood Condominiums 416-239-9888 • from $250,000 23F Avani At Metrogate 416-293-5535 • from $240,000 4C Jade Condominiums 416-762-8818 • from $293,000 24G Nature’s Path 416-745-6686 • • from $270,000 11E 2150 Condos 416-750-2150 • 3E Haven On The Bluffs 416-2611-9555 • from $160,000 3E Lexington 416-638-8444 • from $240,000 21C South Shore 416-913-2136 • from $350,000 22H Qube Condos 647-351-7823 • from $200,000 24G
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
torontoregionalmaps: Scarborough, Etobicoke
115
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21 22
Va lle yP ar kw n Do
26
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waterfrontmaps: Toronto
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
116
#
Builder
2
Concord Adex
Site
Telephone
TH* C*
Price Range
Page
Finder
FWD at Concord CityPlace
416-813-0999
• •
58 GREAT GULF
Monde
416-466-8885
1
Pemberton Group
Park Lake Residences
416-769-4343
5
Concord Adex
Newton at Concord CityPlace
416-813-0999
3
Concord Adex
Quartz at Concord CityPlace
416-813-0999
• •
15M
3
Concord adex
ParadeTWO Park Collection at Concord CityPlace
416-813-0999
• from $308,000
15M
4
Monarch Corporation
Nautilus at Waterview -
416-203-6636
• from $400,000
25H
4
tridel corporation
Aqualina at Bayside Toronto
416-514-2710
•
16E
5
Concord Adex
Newton at Concord CityPlace
416-813-0999
•
12F
6
Plazacorp/Berkley Community
West Harbour City
westharbourcity.com
• from $327,000
13E
7
Lifetime Homes
Waterparkcity – Neptune
416-203-3700
•
13f
8
Concord Adex
Panorama Elite Suites at Concord CityPlace
416-813-0999
• from $1,135,000
14F
8
Concord Adex
Luna Vista at Concord CityPlace
416-813-0999
• from $2,213,000
14F
8
CONCORD ADEX
Spectra at Concord CityPlace
416-813-0999
• •
14F
8
Cresford Development Corp.
NXT at Windermere By The Lake
416-977-5300
• • from $300,000
11f
8
Cresford Development Corp.
NXT2/Phase Two
416-977-5300
• • from $210,000
4E
9
Conservatory Group
Infinity Condominiums
416-214-1988
• from $250,000
14f
11 CAMROST FELDCORP
California Condominiums
sunsetcondos.ca
• from $242,000
25G
14 Canalfa Group
Liberty on the Park Condominiums
416-537-0047
• from $363,000
10F
18 Fernbrook Homes/Cityzen Dev.
Pier 27 Residences On The Lake
416-367-3456
• from $300,000
11F
18 URBAN CPITAL
River City 2
416-862-0505
• from $250,000
18L
29 PINNACLE INTERNATIONAL
33 Bay Residence at Pinnacle Centre
416-925-3325
• • from $375,000
17M
60 CANALFA GROUP
Liberty Central by the Lake
416-537-0047
12N
*TH: Townhomes, C: Condo
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
28-29
13F
• • from $304,000
24
17M
• • from $250,000
3F
•
12F
•
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to 416-789-9554
Anderson St
Adelaide Ave
King St W Bond St W
Park Rd S
Phillip Mur
Lindsay
TH* C*
Lake
Price Range
og
Scug
Manvers
Page
Finder
Scugog
416-354-2221 48
• from $307,000
107
416-503-3328
• from $320,000
6-7
905-271-5038
• from $280,000
19D 25B
Newcastle 12B
Oshawa
Dr
Ce rem on ial
Qu ee nS tE
St W
Ra th bu rn Rd W
or Qu Dr ee n
Ro ya lW ind s
Sh Sp erid ea an km P an ark Tr Dr Dr us co tt Dr
Th eC oll eg ew ay
La ke sh or eR dW
Stanton Renaissance
On The Go
647-692-8417
401 • from $250,000
5
United lands
Stonebrook Condominiums
905-822-8858
• from $270,000
9E
8
chestnut hill development
San Francisco By The Bay
905-831-3631
• • from $180,000
23J
10 Pemberton Group
Bluwater Condominiums
416-987-8800
• from $350,000
5J
11 Monarch Corp.
Waterscapes
416-495-3544
• from $390,000
Insert
25C
13 GREEN HILL HOMES
Princeton Manor
905-849-1818
• from $210,000
6G
14 Phantom Developments
Jade Waterfront Condos
416-251-0707
• from $250,000
24G
15 GRAYWOOD DEVELOPMENTS
Ocean Club
416-255-4663
• from $250,000
24C
18 Monarch Corporation
Riva del Lago
416-495-3544
• from $350,000
Insert
24c
20 DAVIES SMITH
Eleven Superior
416-259-8882
• from $220,000
23C
23C
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to 416-789-9554
waterfrontmaps: GTA
Uxbridge
2
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
Bloor St
Si
Whitby 7 Waterfront
Stevenson Rd
8
Thornton Rd
Wentworth St
Park Rd S
401
Gibb St
Centre St.
Kendalwood R
Blair St
Hopkins St
Telephone
Garrard Rd
Garden St Blair St
Atwater Condos
Brock St S Henry St Gordon St
a
48
East Gwillimbury Further North Waterfront
Schomberg
Cochrane St
Sp ee rs Rd La ke Ma sh cD or eR on Cor ald nw dE Rd all Rd
Brock St N
Cannington
Alliston,
Eau Du Soleil - 9Waterfront King Condominiums
n
Bayly St E Georgina Island 33 caygeo Bob
Ajax-Whitby
Shoal Point Rd
ew
riv
Keswick
Bradford Tecumseth and Watermark Tottenham
Bv
Sim
Georgina
400
McQuay
ke
La
e 401
Rossland Rd
Manning Rd
Town of Whitby
co
Pickering Beach Rd
Harwood Ave
ly
Taunton Rd W
Dryden Bv
Dundas St E
Whitby
*TH: Townhomes, C: Condo
eS co Sim
Stevenson Rd
Garden St
Baldwin St S
Country Lane
Conlin Rd
Rossland Rd
Townline Rd
Audley Rd
Mara
Westney Rd S
eD
Bay
25
To Os
Thornton Rd
Lakeshore Blvd E
Thickson Rd
1518 20
R
Taunton Rd WWaterfront Etobicoke
Oro
Finley Ave
La Br ke id sh ge or Rd eR dW
Church St E
16 28
Evans Ave
Coronation R
Lakeridge Rd
Bu rn ha m th or pe Rd E
8 Con
Garrard Rd
Halls Rd N
Audley Rd
Rd
26
Village of Gardiner Expressway in 1411 Brookl 2
Queensway
Horner Ave Rossland/Winchester
Salem Rd
Up pe rM idd le
25
Baldwin St N
Eg Bu lin to rn Ra n ha th b m u th rn or Rd pe E Du Rd nd Th W as eQ St ue E en sw ay
Br ita nn ia Rd W
Av eW St ee les
Duffs Rd
24
Park Lawn Cedarbrook T
Royal York Rd
De rry Rd W
Stevenson Rd
Ashburn Rd
Cochrane
Country Lane
Lake Ridge R
d ll R Mi
4 Sideline R
Salem Rd
Westney Rd N
Bu rn ha m th or pe Du Rd nd W as St W
d
orth Dr
23
Brawley Rd Bloor St W
QEW
Kingston Rd
Barrie
21 22
Dundas St W
Town of Ajax 11
Adjala 9
4 Sideline
6 Sideline
Greenwood Rd
windcatcher development corp.
Fifth Conces 12 11 9
Magill Dr
Lak
Mono
4 Sideline R
Rd Ravenscroft
0
25 queenscorp residences 0 28 empire communities 1
93
400
20
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
69
400
Beeton, Site
89
Shelburne
Essa
19
Mississauga Taunton Rd E Waterfront Orillia
Church St S
Hwy 5
k Builder
Squires Beach Rd
Tosorontio Everett
7
Delaney Dr
Montgomery F
D
Paddock Rd
Church St N Riverside Dr Notion Rd
Angus
Brock Rd
Sandy Beach
nt
J
Sunnidale Oakville Granite Court 90 Waterfront Lisle
Whites Rd
Rd ak rlo Bu
u1g0 em ou
Vespra 401 Liverpool Rd
24 ings K
16 Sideline
Glenanna Rd
Appleview Rd
Spruce Hill Rd e Lin
Stroud's
Ro
1
27
4
Highview Rd
Sheppard Ave
#
Brock Rd sR Oak jor Ma Valley Farm
6
Wasaga Beach
I
69
Rossland Rd
Liverpool Rd
Fairport Rd
No ttin gh ll G Finch iAve ate
18
Columbus Rd
Bracebridge
27
3 Concession
17
Myrtle Rd W Rathburn Rd
6 Concession
Tay
nR Devo
Ke rr St
d
1
400
Brock Rd
Midland d
W QE
R ton
7 Concession
w th ra Rd
4 Concession Dr Ford
Dixie Rd
Altona Rd
25
Whites Rd
Rd
Tr em ai hne R d
Rd
RdRosebank Rd
d eR Lin
Rd Thornbury
Rd
Brock Rd
Rd
e Lin e Lin
6
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Oakville
Georgian Bay
Br gont e
3 40
8
4 Concession Tr af alg ar
4
f
5 Concession
9
Altona Rd
e
11
7
Rd ian Ind
16
QEW
W QECa
St
15
12 Sidelinee xi Di
W ol fe da le Rd n io at St
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14
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13
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5
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1
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9 Concession
117
CONDO WATCH
previews & registrations Daniels Erin Mills by The Daniels Corp.
New landmark community coming this fall to Erin Mills and Eglinton. Register today. Web: DanielsErinMills.com
Centro Square by Liberty Development
905 Builders: If you would like to include your preview registration, new release or site opening in this feature, just email the details to Lydia.McNutt@wall2wallmedia.com
Phase 2 now previewing at this master-planned community in the heart of Woodbridge. Web: CentroSquare.ca
SkyCity by Pemberton Group
Urban living is coming soon to Richmond Hill. Phase 1 is under construction, Phase 2 is now selling at Yonge and Hwy. 7. Register today. Web: SkyCityCondos.com
new releases & grand openings HOT Condominium by Great Gulf
Phase 3 final release now on sale at Winston Churchill and Eglinton. Web: GreatGulf.com
Pace on Main by Geranium Homes
Varley by Tribute Communities
Luxury suites coming soon to Stouffville’s boutique condominium address. Register now for priority preview. Web: GeraniumHomes.com
Now open, boutique condominium residences steps from the shops, restaurants and galleries of Unionville’s Main Street. Web: MyTribute.ca
The Anchors at Lakeview By Dunsire Developments
The Mark by Empire Communities/ Pace Developments
Coming soon to Mississauga’s lake shore. Register now for the VIP preview, and to get first pick of floor plans and suites. Web: AnchorsAtLakeview.com
The Clairington by Castleridge Homes
Now previewing at Tower 2. Active adult living in a park-side condo, where Woodbridge meets Brampton. Register now. Web: TheClairington.com
ArtHouse Condos By Flato Developments
Construction is starting soon, where art lovers live in Markham. Visit the presentation centre and register for more information. Web: ArtHouseMarkham.com
Now open at Markham Road and Bur Oak Avenue. Remarkable residences. Remarkable Markham. Web: TheMarkCondos.ca
Legacy Park by Liberty Development
Grand opening continues at Thornhill City Centre’s grand finale. Iconic architecture, urban suite designs and fabulous park views. Web: LegacyParkCondos.com
Pinnacle Grand Park 2 by Pinnacle International
Rising tall on Mississauga’s skyline, with endless views of the lake in the distance. Brand new suites now on sale. Web: PinnacleInternational.ca
Grand Cornell Brownstones by Lindvest
Now open in Markham! A new collection of stacked condominium townhomes is coming soon to the established Grand Cornell community at Ninth Line and Hwy. 7. Web: Lindvest.com
118 NEW CONDO GUIDE SEPTEMBER 13 - 27, 2014
GTA Edition September 13 - 27, 2014
Your complete source for condos, lofts and townhomes in the 905 region
IN THIS SECTION Maps and listings for new condo communities in the 905 region Builder news and the latest in condos in the 905
SIMPLY THE BEST.
Burlington’s Most Successful Condo Launches Much Anticipated Second Phase!
COMING SOON! REGISTER NOW! New 2 storey loft suites! New creekside view suites! New chic urban designs!
The wait is finally over! Adi Developments is proud to announce LINK2, the exciting second phase of their tremendously successful community overlooking Bronte Creek Provincial Park.
from mid
Be among the first to preview and purchase from the best suites and preview prices.
190’s
$
REGISTER NOW
AdiDevelopments.com
•
905.592.2028
Prices and specificaton subject to change without notice. E. & O. E.
Exclusive Listing: Baker Real Estate Incorporated, Brokerage. Brokers Protected.
407 401
410
N
Presentation Centre
QEW
Hu r on t a r io S t .
403
Eglinton Ave. To Toronto
PINNACLE INTERNATIONAL.CA VANCOUVER . SAN DIEGO . TORONTO . Brokers protected. Rendering is artist’s concept. Prices and specifications are subject to change without notice. E. & O.E.
The Excitement Continues ...
It's A Main Street
BILD 2014 P2G COMMUNITY OF THE YEAR BILD 2012 HOME BUILDER OF THE YEAR CHBA 2011 GRAND SAM AWARD WINNER
Grand Opening! Nestled against a picturesque N b backdrop of quaint tree-lined sstreets
and
meticulously
maintained century homes, PACE m on MAIN brings boutique o ccondominium living to the heart
STOUFFVILLE
o of Downtown Stouffville. In a neighbourhood alive with galleries, theatre, restaurants, fitness, recreation and
Boutique Condominium Residences from 650 to 1,517 Sq. Ft.
more, this collection of 67 residences embodies the very essence of Main Street living. As our Grand Opening continues we invite you to discover a spectacular selection off 1, 2 & 2 b bedroom d +d den
$
from
suites with balconies • Sun-filled open concept floorplans •
314,900
appointed ensuite baths • Soaring
barbecue area • b P Parking space
SITE
SALES CENTRE
BURKHOLDER ST
in included • Plus much more! m
LLOYD ST
lounge with outdoor terrace and
9TH LINE
lobby • Residents’ party room and
BLAKE ST
MAIN ST
9’ ceilings • Hotel inspired grand
OBRIEN AVE
granite countertops • Luxuriously
FREEL LN
Gourmet-inspired kitchens with
Mon to Wed: 1 – 6pm / Sat & Sun: 11am – 5pm Thurs & Fri: Closed or by appointment
905-591-1071 geraniumhomes.com
Life At Your Own Pace!
Follow us:
Prices are correct at press time and are subject to change without notice. Sq.ft. measurements are approximate. E & O E.
CONDO PROFILE
Boutique living on Main Street,
STOUFFVILLE
g
eranium Homes’ new Pace on Main Condominium is resonating with buyers looking to enjoy life in the heart of Stouffville’s lively downtown. The Main Street location is just steps to GO Transit and a few minutes’ drive north of Markham, offering easy access to Hwy. 404. “In preview sales, this boutique building with only 67 suites and four residential floors has already reached 30 per cent sold,” says Sue Webb Smith, Geranium’s director of marketing. “Pace on Main’s residents will appreciate how close they are to everything they need. Whether they are popping out for fresh flowers, to fill a prescription or to share a meal, it’s all right at the doorstep, no need to take the car,” explains Sue. Pace on Main’s residents and guests are greeted with a sumptuous lobby, rich with panelling, porcelain tile flooring and a dramatic chandelier. The luxurious Main Street Lounge is an elegant, well-appointed amenity with stylish seating around a fireplace, television and kitchen facility, perfect for large and small gatherings. The lounge leads onto a landscaped outdoor terrace with barbecues, dining and seating areas. 124 NEW CONDO GUIDE SEPTEMBER 13 - 27, 2014
“IN PREVIEW SALES, THIS BOUTIQUE BUILDING WITH ONLY 67 SUITES AND FOUR RESIDENTIAL FLOORS HAS ALREADY REACHED 30 PER CENT SOLD,” SAYS SUE WEBB SMITH, GERANIUM’S DIRECTOR OF MARKETING
The beauty of living in comfort with convenience also extends to the suites, all over 650 sq. ft. in size with well-proportioned rooms. A good selection of the 17 different floor plans remains, from large one-bedroom to spacious two-bedroom-plus-den/two-bathroom designs up to 1,129 sq. ft. Every suite will have quality interior finishes, ample storage and a private balcony. One parking space is included. Prices start from the low $300,000s to the mid-$500,000s for suites on floors two through four. A limited number of penthouse suites, measuring up to 1,517 sq. ft., are individually priced. Classic in design, residents will sit at the southeast corner of Main and Lloyd Streets. The building will have an elegant brick and stone façade with unique window treatments. Pace Credit Union, which now occupies the site, will operate in the ground floor of the new building and will front onto Main Street. Just a stroll to the east, there’s a hub of activity in Memorial Park and the Leisure Centre has an indoor pool, fitness centre, and year-round programs. In the same pocket, cultural entertainment is offered at the Lebovic Centre for Arts and Entertainment and 19 On the Park. Also nearby, residents will find a myriad of recreation amenities as well as green space that connects with the Stouffville Conservation Area.
“Stouffville offers the charm and character of a small village, yet also has the modern amenities people look for to enhance their lives,” says Sue. “We are extremely pleased to be bringing our unique style of home building to this incredible location.” Award-winning Geranium Homes is the housing division of Geranium Corp., and has been developing and building family communities across Southern Ontario for 36 years. Pace on Main’s sales centre, featuring a scale model of the building and a kitchen vignette, is located at 6212 Main St. (on the north side, just east of the GO station) in Stouffville. Call 905.591.1071. Hours are Monday to Wednesday 1 to 7 p.m.; weekends and holidays 11 a.m. to 5 p.m.; closed Thursday and Friday. Visit the website at geraniumhomes.com. SEPTEMBER 13 - 27, 2014 NEW CONDO GUIDE 125
VISIT US TODAY!
Live Free FOR A YEAR PROGRAM COMMISSION
INCLUDES:
$10,000 CASH BACK
ON CLOSING & MAINTENANCE FREE FOR 1 YEAR
FREE PARKING ($25,000 VALUE) FREE LOCKER ($2,500 VALUE) ACCESS TO THE GRAND SPA EASY DEPOSIT STRUCTURE
EVENT of the Season! THE KEY TO YOUR PALACE AWAITS VISIT US TO WIN A TIFFANY & CO. KEY RING! SATURDAY SEPTEMBER 20, 2014 12PM - 6PM Space is limited. RSVP today!
Call: 905.907.4370 Email: Yvonne@grandpalace.ca
Stately and graceful, the Grand Palace is built for your optimal comfort and pleasure. With a streamlined contemporary design, the complex features three elegant towers linked by a piazza and, at their core, a Grand Spa. Two towers are now on sale. Visit us this weekend and experience the key to happiness – Luxury Living at affordable prices.
www.grandpalace.ca
VISIT US @ 9612 Yonge Street, Richmond Hill
16TH AVE.
BAYVIEW AVE.
WELDRICK RD.
YONGE ST.
MAJOR MACKENZIE DR.
Prices & specifications subject to change without notice, E. & O. E.
HOTEL INSPIRED
CONDO LIVING
COMING SOON TO DOWNTOWN BURLINGTON BUR LI N GTO N
We visited some of the finest hotels around the world, and took a page from each one of them in the creation of The Berkeley. Located on Maria Street, a nice quiet residential tree-lined neighbourhood area right downtown, The Berkeley is removed from the hustle and bustle of the lakeshore yet within easy walking distance all of downtown Burlington’s shops, restaurants and entertainment.
REGISTER NOW!
theberkeleycondo.com Prices and specifications are subject to change without notice. E. & O.E. Rendering is artist’s concept.
Rising Tall on the Pulse of the City The best of Mississauga is here! Offering space to grow and room to stretch, now’s the time to explore brand new suites overlooking the city’s bright lights! With only 10% down, living the Grand Park 2 life is closer than you imagined!
NOW ON SALE! Brand New Suites From the mid $200,000s 403
Central Pkwy. W.
CALL OR VISIT US TODAY!
Hurontario St.
Webb Dr.
Confederation Pkwy.
Mavis Rd.
Grand Park Dr.
Burnhamthorpe Rd. W.
905.276.3981
PRESENTATION CENTRE
Dundas St. W.
N
3981 Grand Park Drive (Burnhamthorpe & Mavis) Mon to Thurs: 1-7pm Fri to Sun & Holidays: 12-6pm
PINNACLEINTERNATIONAL.CA VANCOUVER . SAN DIEGO . TORONTO .
Brokers Protected. Rendering is artist’s concept. Prices and specifications are subject to change without notice. E.&O.E. SEPTEMBER 13 - 27, 2014 NEW CONDO GUIDE 129
CHINESE HOME & CONDO GUIDE 網上 參閱 - Oct 4, 2014 八月三十日至十月四日 / Aug 30
Chinese home and condo buyers and investors now have a new comprehensive, full gloss real estate magazine to inform and guide them through the buying process in the Greater Toronto Area.
各式電子工具都可瀏覧
ChineseHomeGuide.com
Volume 3 Issue 7
Launched in 2012, the Chinese New Home and Condo shopper and investor will have a valuable new resource to help inform and guide them through the newest communities in the Greater Toronto Area. aspenridgehomes.com
. 活動 • 大多倫多市樓盤搜索 多倫多湖濱新貌 • 中秋節日慶祝
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newcondoguide.com 130 NEW CONDO GUIDE SEPTEMBER 13 - 27, 2014
SO TRANQUILLO. SO SORRENTO.
COMING SOON TO RICHMOND HILL
EUROSTYLE CONDOMINIUMS FROM THE MID $300’s So refined. Inspired by the grand estates of the celebrated Sorrento Peninsula and Isle of Capri, The Sorrento offers a lifestyle of old-world elegance and serenity surrounded by nature. So welcoming. Soaring ceilings, light flooding through oversized windows, al fresco terraces and breathtaking finishes distinguish this magnificent condominium in Richmond Hill’s esteemed Oak Ridges neighbourhood. So right for you. So register now!
REGISTER AT THESORRENTO.CA | 289-637-1777
thesorrentorichmondhill
Prices & info. subject to change without notice. E.&O.E.
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905 regionalmaps: Burlington, Brampton, Mississauga, Oakville, Further West, Further North
kw ar Cl
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* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
Bolton
W al
23
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3
Pinnacle International
The Marquee Townhomes on the Park
905-568-9000
•
from $720,000
121
20K
5
AMACON
PSV2
905-273-9333
•
79
18M
7
Great Gulf
HOT
905-828-4257
•
from $330,000
25
16M
15 ADI Development Group
Link2 Condos+Lofts
905-592-2028
•
from $195,000
120
5M
20 Carriage Gate Homes
The Berkley Downtown Burlington theberkeleycondo.com
•
128
5M
30 Pinnacle International
Pinnacle Grand Park 2
905-276-3981
•
from $250,000
129
20L
47 The Daniels Corporation
Daniels Erin Mills
905-306-6996
•
from $195,000
39
17M
2
Great Gulf
Twenty Lombard
416-499-8883
•
from $492,000
16K
2
Great Gulf
Corporate
greatgulf.com
•
16K
The Clairington
905-793-0002
•
from $230,000
16E
3 Castleridge Homes
Telephone
TH* C*
Price Range
Page
Finder
4
Conservatory Group
Mirage
905-232-2400
•
from $270,000
20K
8
Fernbrook Homes
Absolute World
416-869-6057
•
from $188,000
21k
8
Cityzen
Absolute World
416-869-6057
from $188,000
21K
10 AMACON
The Residences at Parkside Village
905-273-9333
•
from $250,000
21K
12 Alterra Homes
Renaissance in Olde Brampton
416-710-1010
•
from $295,000
13d
14 Pemberton Group
Rosedale Village Golf & Country Club
905-799-5000
•
from $346,000
12e
16 Vandyk Communities
Windows on the Green
905-822-3333
from $300,000
17M
17 Pemberton Group
Downtown Erin Mills Condominiums
905-630-6300
•
from $300,000
6C
18 Retirement Lifestyle Communities
Palisades on the Glen
905-820-8210
•
from $290,000
17M
19 United Lands
Stonebrook II
905-822-8858
•
22n
21 Casino Bay Dev. Corp./Toddglen
Panoramic Point at Brewery Bay
27 Inzola Group
•
•
1-866-611-5525
•
from $264,000
7Q
Park Place
905-451-7001
•
from $310,000
14G
32 Armour Heights Developments
River’s Edge
905-533-2400
•
from $285,000
14A
34 Pinnacle International
Pinnacle Uptown, Crystal 2
905-568-9000
•
from $255,000
19K
35 Ashley Oaks Group
Emporium at Joshua Creek
905-618-0660
•
from $200,000
17P
38 Tridel Corporation
Metrogate - Ventus 2
416-293-5535
•
•
from $302,000
19J
38 Tridel Corporation
Ventus at Metrogate
416-293-5535
•
•
from $344,000
19J
45 Empire Communities
Rain Condominiums
905-845-7246
•
from $200,000
17Q
46 Mattamy Homes
The Mount Pleasant Village
mattamyhomes.com
•
from $200,000
20M
*TH: Townhomes, C: Condo
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554
905 regionalmaps: Burlington, Brampton, Mississauga, Oakville, Further West, Further North
#
133
1
A
2
3
4
5
6
7
8
9
10
11
12
13
14
15
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
16
17
18
19
20
East
Hwy. 27
Key Maps To wn of O sh awa
12
5
7 407
Markham
ion R
TH* C*
Town of Markham
11 Concess
Telephone
10 Concess ion R
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2
9 Line
Rd
Hwy. 48 le Dr
n
de
Al
6
Raymervil
407
404
Site
34
Bullock Dr Hwy 7
3
14 Ave
2
Main St S
7 14
Major Mackenzie
15
Aldergrove Dr
905regionalmaps: Maple, Thornhill, Richmond Hill, Vaughan, Markham, Ajax, Whitby, Oshawa
26
28
McCowan Rd
45
Kennedy Rd
Warden Av e
Ave
St
18 Ave
16 Ave Carlton Rd
404
John
Steeles Ave E
8
Cachet Pkwy Woodbin e
e
Clark Ave W
Steeles Ave W
134
Leslie St
Centre St
40
24 1 13
16th Ave.
32
Thornhill Henderson Av
7
407
31 Yonge St
7
22
g 407
Langstaff Rd
Elgin Mills Rd
Leslie St
e Av
400
43 10
23
4
rn Ave
n to
41 26
Weldrick Rd W
Rutherford Rd
404
1
Richmond Hill Denham Dr
ng Isli
50
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f Rd Langstaff
25
401
19 Ave
Major MacKenzie Strathea
20
Elgin Mills Rd Neal Dr
n
29
e
St
25
Regent St Mill St
Maple
19th Ave.
Yorkland
Huntingto
11
Major Mackenzie
401
Gamble Rd
Bathurst St
d
Dufferin St
y Cr
Teston Rd
Nashville Rd
400
Jefferson Sideroad
Keele St
Kirby Rd
Jane St
Rd
Pine Valle
c
24
401
Weston Rd
Cold Cree k
12 Line Rd
King-Vaughan Rd
To wn of Ajax
City of Pickerin g
Yonge St
6
Bayview Ave
King Rd
23
To wn of W hitby
Bloomington Sideroad
b
21 22
Denison St
#
Builder
5
Lindvest
Grand Cornell Brownstones in Markham
905-294-6161
Price Range from $340,000
Page 127
Finder 23F
6
Armour Heights Developments
The Sorrento
289-637-1777
•
from $350,000
131
13B
13 Liberty Development Corp.
Legacy Park
905-731-8302
•
from $280,000
36
10g
43 Guizzetti Developments
Grand Palace
905-907-4370
•
from $295,000
126
12E
44 Liberty Development Corp.
Centro Square Condos 2
905-851-8877
•
from $280,000
37
4G
•
from $400,000
16D 22E
1
Monarch Corporation
Garden Court
416-495-3595
2
Flato Development
Arthouse Condos
905-554-8722
from $200,000
3
Tribute Communities
Varley
905-604-1477
•
from $420,000
18F
4
Tridel Corporation
Renaissance of Richmond Hill
416-736-9500
•
from $740,000
12G
7
MintoUrban Communities Inc.
•
from $254,000
11G
from $250,000
13F
from $390,000
8E
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
•
12 Greenpark Homes
UV2
905-554-6501
•
from $253,000
22F
14 Remington Group
The Signature Condominium
905-948-9900
•
from $300,000
18F
14 Remington Group
Model Suite of the Month
905-948-9900
•
from $300,000
18F
20 Solmar Development Corp
Bellaria Residences
905-417-8482
•
from $240,000
7e
22 Quadra Mgt. & Sceptre Devs.
Renaissance Court at Woodbridge Gates
905-851-4220
•
from $505,000
3G
22 Wycliffe Homes
Fairground Lofts
905-605-5900
•
from $340,000
3G
24 Liberty Development Corp.
The Fountains
905-731-8302
•
from $272,000
10F
26 Rice Development
Ambria
905-796-3630
•
from $340,000
3F
28 Chestnut Hill Homes
San Francisco by the Bay
905-831-3631
•
from $200,000
22C
31 Pemberton Group
Miracle at Yonge
905-709-5700
•
from $280,000
12F
31 Pemberton Group
Sky City
905-709-5700
•
from $320,000
12F
31 Pemberton Group
Sky City 2
905-709-5700
•
from $320,000
12F
32 Liberty Development Corp.
Royal Gardens
905-889-9997
•
from $303,000
14f
32 Signature Communities
TAO Boutique Condos
905-597-2535
•
from $200,000
14F
34 Sierra Homes
68 Main Street
905-305-0822
•
from $250,000
22F
40 Nova Trimax
Allegra
905-850-6866
•
from $250,000
1F
41 Quadcam Development Group Inc
Vista Parc Condominiums
905-850-8883
•
from $260,000
3F
45 Kylemore Communities
The 6th Angus Glen
905-887-9950
•
19E
46 Empire Communities
The Mark
905-554-5015
•
21E
*TH: Townhomes, C: Condo
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
•
•
from $250,000
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554
I BUILD RELATIONSHIPS. “BILD has introduced us to a network of related entrepreneurs and industry professionals that would otherwise take years to foster. We have successfully gained increased industry knowledge, trained our staff through courses and received mentoring from some of the most seasoned industry leaders. BILD genuinely provides member companies with a tremendous level of confidence by having a multitude of resources readily available for us to succeed.”
Lefteris Karagiannis, President Mane Construction Group Inc. RenoMark™ Renovator Member Since 2006
I AM
Get Involved: bildgta.ca
135 NEW CONDO GUIDE SEPTEMBER 13 - 27, 2014
Model Suite Compliments of Menkes.
www.menkes.com
Discover a Downtown address that measures up. Fabrik at Richmond & Spadina
SEPTEMBER2014 Menkes has been featured as “MODEL SUITE OF THE MONTH” as seen in the New Condo Guide model suite calendar
HOMEBUYERS’ HELP
condo buyers’
resource section
YOU LOVE THE CONDO, SEE WHAT YOU CAN AFFORD! Compare mortgage rates for your best deal Calculate your mortgage payments using the mortgage payment calculation chart
SEPTEMBER 13 - 27, 2014 NEW CONDO GUIDE 137
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 appropriate five-year fixed mortgage rate, which is easiest to qualify for. 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).
138 NEW CONDO GUIDE SEPTEMBER 13 - 27, 2014
03 Choose your desired amortization period across the top of the table (25 years has lowest payment and is easiest to qualify for first-time homebuyers).
04 At the intersection of the column and row is your mortgage payment per month per $100,000 borrowed.
Bear in mind that this is a rough estimate. If you have several other large loans already, you may qualify for less. Also, banks and trust companies vary in their policies. The best way to know what you can afford is to go to the lending institution of your choice and get pre-qualified.
Mortgage payment calculation chart
%
Amortization Periods
INTEREST RATES
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 SEPTEMBER 13 - 27, 2014 NEW CONDO GUIDE 139
ONTARIO’S MOST-READ NEW HOMES GROUP WE ARE THE LARGEST MAGAZINE DISTRIBUTION SYSTEM IN ONTARIO. fold
The lifestyle you want, at a price you can’t beat!
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Sept 6 - 20, 2014 Volume 22 Issue 16
Sept 13 - 27, 2014 Volume 18 Issue 17
Thornbury
Collingwood
Bungalow with Loft
Sept 6 - 20, 2014 Volume 14 Issue 16
Aug 30 - Sept 13, 2014 Volume 17 Issue 15
Two-Storey Townhomes
COMING SOON
taste of
From townhomes to single family homes, Great Gulf’s award-winning Niagara communities are priced up to $300,000 less than the GTA!
Eastern Ontario Edition
HINTONBURG
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Tour our fabulous Model Suite and we'll reward you with a $25 gift card for a Taste Of Hintonburg. Hurry, this offer is for a limited time only, and only one gift card per family. See sales representative for details.
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3,024 sq. ft. • 3 Bedrooms • 2.5 Bathrooms
Mattamy offers excellent locations for
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52 URBAN SUITES IN THE HEART OF HINTONBURG FROM $271,900
*Prices and specifications subject to change without notice. E.&.O.E. All models shown are artist’s concepts only. © July, 2014.
STANLEY -- ELEVATION ELEVATION B B STANLEY
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HOMEBUYERS’ HELP
Compare mortgage rates for your best deal CHARTERED BANKS ATB Financial
Variable 2.7
Alterna Svgs/Alterna Bk
2.6
Bank of Montreal
3
Bank of Nova Scotia
2.6
6 Months
1 Year
2 years
3 years
4 years
5 years
2.99
3.04
3.29
4
2.94
2.89
6.30op
6.30op
6.50op 2.98
4
2.98
6.30op
6.30op
4
3.14
6.30op
6.30op
3.04
3.85
4.39
4.55
3.29
6.50op
Canadian Western Bank
4
3.14
6.45op
6.30op
3.04
3.44
2.94
6.45op
2.97
2.98
3.75
2.89 4.39
3.19 3.29 3.09 4.99
CFF Bank
3.69
3.75
2.59
3.79
3.04
CIBC
2.99
2.79
3.65
2.89
4.99
3
ICICI Bank Canada Manulife Bank
6.70op
3.05 2.7
4.45
6.35op 3.15
3.65
3.64
3.69
3.89
3
3.05
3.1
3.14
3.19
3.50op
National Bank
4.4
3.14
6.70op
6.70op
n/a
3.04
3.75
2.95
3.39
President’s Choice Financial
3
2.94
2.84
2.89
4.44
Royal Bank
3
3.04
3.75
4.54
4.94
TD Canada Trust
6.30op
3
3.14
6.30op 3.09
2.34
3.44
3.94
6.30op
Tangerine
3.19
3
3.24
3.49
3.69
4.79 3.79
TRUST COMPANIES Community Trust
n/a
6.5
3.14
3.25
3.95
4.74
4.99
Concentra Financial
n/a
5
2.99
3.04
3.44
3.94
4.79
6.70op
6.30op
Effort Trust
4.45
3.45
6.30op
6.30op
Home Trust Company
2.5
3.95
2.89
2.89
2.79
2.94
2.99
Investors Group Trust
n/a
4.2
3.14
3.14
3.75
4.64
4.99
6.50op
6.30op
4.55
3.29
6.4 5op
6.50op
n/a
MTCC
2.6
3.6
2.97
3.7
3.44
4.6
2.89
4.95
3.09
OTHER FINANCIAL INSTITUTIONS Airline Financial C.U.
4
Comtech Credit Union
3.1
3.33
3.65
6.2
2.99
6.40op
6.30op
First National Fin. LP
3.95
2.6
6.34op
3.99
6.25op
FirstOntario C.U.
2.95
3.01
3.25
3.29
2.99
3.09
2.99
2.34
2.69
2.77
3.09
3.09
3.14
3.29
2.84
3.19
6.34op
IC Savings
3.05
2.99
2.99
3.39
3.39
London Life
4.2
3.14
3.14
3.75
4.64
4.99
6.50op
6.30op
n/a
Luminus Financial
2.7
2.95
2.3
2.8
2.85
3.05
6.30op
MCAP
2.55
3.6
3.95
4.35
4.89
5.14
Meridian Credit Union
2.75
3.09
2.65
3.65
3.29
3.19
4
Parama Credit Union
2.85
6.30op 2.85
3.05
3.15
3.25
3.00op
Steinbach Credit Union
2.65
2.5
2.8
2.9
2.95
3.4 3.1
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 September 14, 2014. Prepared By Fiscal Agents Financial Information Services 905.844.7700
SEPTEMBER 13 - 27, 2014 NEW CONDO GUIDE 141
index of advertisers 45 Charles Ltd. - Chaz Yorkville Condos
31
ADI Development Group - Link2 Condos+Lofts
120
AMACON - PSV2
79
Amexon Development Corporation - The Residence of 488 University Avenue 47 Armour Heights Developments - The Sorrento
131
Aspen Ridge Homes - Studio on Richmond
51
Bazis Inc. - E Condos
19
Bazis Inc. - No1 Yorkville
5
BILD - Promo
135
Camrost - Felcorp - Blue Diamond at Imperial Plaza
3
Camrost - Felcorp - Yorkville Plaza II
1
Canpages - Promo
92
Lash Group of Companies - The Barrington Condominiums Flats Liberty Development Corp. - Centro Square Condos 2
37
Liberty Development Corp. - Legacy Park
36
Liberty Development Corp. - Terrace on Danforth
35
Lifetime Developments - Lifeline Charity
42
Lifetime Developments - The Bond Condominiums
17
Lindvest - Grand Cornell Brownstones in Markham
127
Lindvest - The Brownstones at Westown
103
Luxury Living Magazine - Promo
73 Insert
Menkes Developments Inc. - Corporate
Chinese Home & Condo Guide - Promo
130
Menkes Developments Inc. - Model Suite Of The Month
89
Menkes Developments Inc. - The Eglinton Yonge at Heart
28-29
Context Development Inc. - The Yorkdale Condominiums
74-75
Malibu Investments Inc. - Smart House
128
Concord Adex - FWD at Concord CityPlace
80
Madison Homes - Zigg St.Clair West
Carriage Gate Homes - The Berkley Downtown Burlington
Concert Properties - The KIP District
109
136 Insert
Metropia - E Condos
19
69
Metropia - The Yorkdale Condominiums
69
Minto Communities Inc. - Yorkville Park
49
Cresford Development Corp. - 1000 Bay
144
Cresford Development Corp. - CASA 2
144
Cresford Development Corp. - CASA III
144
Cresford Development Corp. - Merton Yonge Condominiums
143
Cresford Development Corp. - VOX
IBC
Digital Device - Promo
90
Dundee Kilmer Developments - Canary District Condominiums
67
Easton’s Group - Dundas Square Gardens
85
Eden Shaw - Chaz Yorkville Condos
31
Edilcan Development Corp. - Triumph at Valhalla
Monarch Corporation - Corporate
Insert
Pemberton Group - Corporate
8-9
Pinnacle International - Pinnacle Grand Park 2
129
Pinnacle International - The Marquee Townhomes on the Park
121
Pinnacle International - The PJ
99
Plaza - Corporate
81
PRK Developments - University Suites
30
91
Queenscorp Residences - Watermark
107
Empire Communities - Eau Du Soleil Waterfront Condominiums
6-7
Remington Group - Park Towers at IQ
105
Family of magazines - Promo
140
Rio Can - E Condos
19
Fram Building Group - SOUL
102
Rockport Group - The Nest
63
Geranium Homes - Pace on Main
122-123
Great Gulf - HOT
25
Great Gulf - Monde
24
Great Gulf - One Bloor Residences
24
Great Gulf - One Sherway Condominiums
24
Great Gulf - Pace
25
Great Gulf - X2
25
Great Gulf - Yonge+Richmond
25
Guizzetti Developments - Grand Palace
126
Sorbara Group - Beacon
Insert
Streetcar Development - Riverside Square
57
T.D. Bank - Corporate
93
The Daniels Corporation - Daniels Erin Mills
39
The Daniels Corporation - High Park Condominiums
15
The Daniels Corporation - One Park Place South Tower
23
Torbel Group - Diva Condo Tribute Communities - The College Tridel Corporation - Islington Terrace
100-101 43 IFC & BC
Home + Style Studio Tour and Sale - Promo
44
Lamb Development Corp. - The Harlowe
53
Triumph Developments - Howard Park 2
71
Lanterra Developments - Riverhouse at the Old Mill
11
Urban Capital - RC3
45
Lash Group of Companies - Cloud 9 Condominiums
111
Worsley Urban Partners - Totem Condominium
61
Lash Group of Companies - Me Condos
104
Your First Home & Condo - Promo
72
142 new Condo Guide september 13 - 27, 2014
view
M ERTO N YO NGE TOWNHOM E S
ACtuAL SOuth vIew
liVE. hErE. now. 1815 yongE St.
StyliSh CondoMiniUMS & townhoMES FiniShEd with ExCEptional UpgradES.
Call for your private appointment today. presentation Centre loCated at 170 merton street.
N
YONGE
EGLINTON
➤
Midtown living at its very best! MYC is located at Yonge & Merton, just steps to the subway, parks, trails and trendy Yonge Street boutiques and cafes. Outdoor amenity spaces furnished with Andrew Richard Design and interior spaces furnished by Italian label, Lema. It’s your life, your style, your way.
DAVISVILLE TTC SUBWAY
PRESENTATION CENTRE MERTON
penthouses from the $800’s - new release townhomes from the high $500’s tower suites from the mid $300’s 416.484.1900 myccondo.com
SITE ST. CLAIR
ROSEDALE
eXplore
BLOOR
in 4d
BROkeRS PROteCteD. PRICeS AnD SPeCIfICAtIOnS ARe SuBjeCt tO ChAnge wIthOut nOtICe. ILLuStRAtIOnS ARe ARtISt COnCePt. e.&O.e.
N
NGE
➤
EGLINTON
FASHIONED BY CRESFORD. FURNISHED WITH HERMÈS.
Actual Model Suite Photography - Evelyne Suite - 493 sq.ft.
INTRODUCING THE SPECTACULAR NEW CRESFORD CONDOMINIUM GALLERY IN YORKVILLE FEATURING AN EXCLUSIVE HERMÈS-FURNISHED MODEL SUITE. NOW SHOWCASING 3 SIGNATURE CRESFORD COMMUNITIES. VISIT THE NEW CRESFORD CONDOMINIUM GALLERY AT 62 CHARLES ST. E.
1THOUSAND BAY CONDOMINIUMS ON THE PARK
Under Construction Bay & Bloor Suites from the high $300’s 416.485.3000
Under Construction Yorkville Furnished by MissoniHome Suites from the low $300’s Penthouses Now Available 416.486.CASA (2272)
Now Open Yorkville Lobby to be Furnished with Hermès Suites from the mid $300’s 416.486.CASA (2272)
BLOOR ST. E. YONGE ST.
BAY ST.
AVENUE RD.
CONDOMINIUM GALLERY CHARLES ST. E.
EXPLORE
IN 4D
GLOUCESTER ST.
PARKING AT REAR
N
MONDAY - THURDAY 12-7PM, FRIDAYS CLOSED, WEEKENDS 12-5PM
cresford.com
BROKERS PROTECTED. PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. E & O.E.
L
I O
L
V U
O
E T
U
D
Condominiums at Yonge + Wellesley furnished with Diesel Living from
$199,900
The shopping. The dining. The subway steps from your door. Minutes to U of T and Ryerson. Amenities furnished with Diesel Living. European kitchens by Scavolini. This is life unplugged. This is VOX.
coming soon REGISTER NOW VOXCONDOMINIUMS.COM CONDOMINIUMS.COM
|
416.485.3000
Brokers protected. Prices and specifications are subject to change without notice. Illustration is artist’s concept. E. & O.E.
Lobby
Steps to Islington Subway Station. Find your connection at Islington Terrace. Surrounded by stately residential neighbourhoods, the Islington Station at Bloor Subway is moments from QEW and Hwy 427. Islington Terrace is destined to become the defi ning statement on Etobicoke City Centre’s skyline. Choose from 1 bedroom, 1 bedroom + den, 2 bedroom, and 2 bedroom + den suites.
Register now at tridel.com
*
COMING SOON TO BLOOR & ISLINGTON
Retail Terrace
PRICES
SUITES FROM THE MID $200,000’s* Steps to the subway PRESENTATION CENTRE Party Room
4800 DUFFERIN STREET NORTH YORK North of Finch CONTACT US
PHONE 416.645.8862 WEB TRIDEL.COM
Pool
Islington Subway
Islingtonterrace@tridel.com
A Tridel Built Green. Built for Life.® community. *Prices and specifications are subject to change without notice.Illustrations are artist’s concept only. Building and view not to scale. The rendering has been visually enhanced to better represent the architecture of Islington Terrace. The buildings located at 50 Cordova Ave. and 24 Mabelle Ave. have been removed. Sources from TTC. Times may vary depending on TTC route schedules. The following Islington Terrace amenities spaces will not be complete or available for use at the time of Tower 1 occupancy. Swimming Pool, Basketball Court, Party Room, Dining Room, Games Room, Children’s Play Room, Theatre, Outdoor Lounge, Splash Pool, Sundeck and Children’s Outdoor Play Zone. These amenities will be provided upon completion of futures phases of the development. Specifications subject to change without notice. Retail services and names are for illustrative purposes only and are subject to change. Tridel ®, Tridel Built for Life ®, Tridel Built Green. Built for Life.® are registered trademarks of Tridel and used under license. ©Tridel 2014. All rights reserved. E.&O.E. September 2014. Facebook.com/Tridel
Twitter.com/Tridel
tridel.com
COMING SOON
PRICES
SUITES FROM THE MID $200,000’s* Steps to the subway PRESENTATION CENTRE
4800 DUFFERIN STREET NORTH YORK North of Finch CONTACT US
PHONE 416.645.8862 WEB TRIDEL.COM
Islingtonterrace@tridel.com
A Tridel Built Green. Built for Life.® community. *Prices and specifications are subject to change without notice. Illustrations are artist’s concept only. Tridel®, Tridel Built for Life®, Tridel Built Green. Built for Life.® are registered trademarks of Tridel and used under license. ©Tridel 2014. All rights reserved. E.&O.E. September 2014.
Facebook.com/Tridel
Twitter.com/Tridel
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