Sept 27 - Oct 11, 2014 Volume 18 Issue 18
INSIDE THIS ISSUE
CHOOSING A PLACE TO CALL “HOME”
15-POINT MOVING DAY CHECKLIST
ORGANIZING YOUR HOME THIS FALL
GRAND OPENING
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
A PURCHASE WITHOUT PITFALLS
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
Have you set your sights on a new condo this fall? New Condo Guide is a great place to get all the advice you need to ensure a purchase without the pitfalls. Home-hunting takes patience, persistence, and a little luck. So where do you start? Physically explore the areas you’re interested in before you start to visit the sales centres and model suites. You will find out things no map can tell you. Are there schools, restaurants and shopping nearby? Good bike trails? Do you feel comfortable walking around? When it’s time to shop for homes, think about what makes sense for your lifestyle. Changes in consumer demand are creating an impact in the kind of housing being built today. Buyers are requesting greater attention to architectural styling, with demands for more functional spaces and more natural lighting being most prevalent. Buyers want open-concept living spaces that are well planned and have enough space for all of today’s gadgets while offering proper high-tech wiring. There are so many housing options to choose from today. Finding the perfect place shouldn’t leave you feeling like you had to compromise on style or function. We hope you enjoy this issue. Drop us a line and let us know what you think.
THE ‘DEAL’ ON PRE-CONSTRUCTION
LYDIA MCNUTT EDITOR
Wall2Wall Media Lydia.McNutt@wall2wallmedia.com Follow me on Twitter at Twitter.com/LydiasTweets
You’ve decided to buy a home, and those gleaming glass towers catch your eye every time you zip along the Gardiner Expressway, or Hwy. 401, or the 427, or the DVP. It seems there’s an impressive new condo coming up every place you look these days, and even before the shovels hit the ground, suites are being snapped up by savvy buyers who see the benefits of buying pre-construction. Whether you’re purchasing the condo suite to live in or as an investment property, buying in the pre-construction phase often means you’ll get a lower price, and by the time you move in, the condo will likely have appreciated in value. All you have to do is sit back and be patient. Beyond the return on your investment, the period between purchase and occupancy offers a chance to save up a larger down payment and prepare yourself for the financial responsibility of homeownership. Tip: During the waiting period before occupancy, set aside the equivalent of your condo fees to get accustomed to paying this monthly bill. Then, put this money toward your down payment. At the end of the day, there’s nothing quite like stepping through the door of your brand new condo and taking advantage of everything it has to offer – a great location, beautiful new finishes, and amenities that elevate everyday living to new heights. Happy condo hunting!
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.
SEP 27 - OCT 11, 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 DIRECTORS
Victoria Cigan Tammy Leung Caroline Wassef (on leave) 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 CONDO PRO
INDUSTRY INSIDER
Barbara Lawlor
David Hirsh
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.
David Hirsh is president and CEO of Brandy Lane Corp. David prides himself on his creative hands-on approach to all stages of the development and building process. The company’s newest communities are Wyldewood Cove in Collingwood, and coming soon, The Davies, at Avenue Road and Cottingham. Visit BrandyLaneHomes.com.
TARION REPORT
Howard Bogach
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.
PRODUCTION CO-ORDINATOR
Sandra Hanak-Vujnovic GRAPHIC DESIGNERS
Viosa Barileva, Miguel Cea, Pierre Farhan, Sandra Hanak-Vujnovic, Mike Terentiev, Hannah Yarkony
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
STAT CHAT
Ben Myers 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
INVESTOR ADVICE
MORTGAGE ADVICE
Andrew la Fleur
Alyssa Richard
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
Alyssa Richard is the founder and CEO of ratehub.ca, a mortgage rate comparison site that aims to empower Canadians to make smart financial decisions.
004 NEW CONDO GUIDE SEP 27 - OCT 11, 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.
SEP 27 - OCT 11, 2014 NEW CONDO GUIDE 005
006 NEW CONDO GUIDE SEP 27 - OCT 11, 2014
LIVE YOUR FANTASY COMING SOON NEW RELEASE OF FABULOUS WATERVIEW SUITES INCLUDING THE TERRACE COLLECTION! Where the city meets the waterfront 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.
SEP 27 - OCT 11, 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 SEP 27 - OCT 11, 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
SEP 27 - OCT 11, 2014 NEW CONDO GUIDE 009
BILD REPORT
Transforming
Bryan Tuckey is president and CEO of the Building Industry and Land Development Association and a land-use planner who has worked for municipal, regional and provincial governments. Follow him on Twitter @bildpres or follow BILD @bildgta, facebook.com/bildgta, and bildblogs.ca.
R
egent Park is being transformed by a BILD member. The 69-acre downtown Toronto neighbourhood is halfway through a massive revitalization project spearheaded by Toronto Community Housing Corp. and its builder/developer partner The Daniels Corporation. “It’s wonderful to see the reaction people have for the transformation that has already taken place in Regent Park,” says Daniels vice-president Martin Blake. “Unless you’ve actually been there, it’s hard to comprehend how much it has changed.” I recommend that readers take a drive through the area – from its north border of Gerrard St. south to Shuter St., and its west border of Parliament St. east to River St. – and you’ll see a complete community that is coming into its own, as well as the many cranes that are making it happen. It’s a $1.75-billion project
010 NEW CONDO GUIDE SEP 27 - OCT 11, 2014
// BY BRYAN TUCKEY
REGENT PARK which will include 5,500 new condominium units and townhomes, and more than 2,000 new replacement social housing units when it’s finished. This complete community also includes a 60,000-sq.-ft. cultural hub called Daniels Spectrum, a six-acre park, an aquatic centre, a large grocery store, a bank, restaurants, office space, a dog park and the Toronto Birth Centre. And there are more changes to come. “A new City of Toronto community centre is under construction, which is three times larger than the existing community centre that will be replaced,” Blake says. “We’re adding Maple Leaf Sports and Entertainment athletic ground – the land is being prepared for that right now, and it will open next year – with certain facilities opening this winter, including the refurbishment of the ice rink.” If you’re really interested in the neighbourhood, potentially for your next move, you can see what’s available by touring what’s built. “We typically don’t do a presale; we build first and then we go on sale,” Blake says. “New-home buyers have the opportunity to see, touch and feel the home design that best suits their budget and lifestyle needs before they buy, and we’ve been doing that since 2006. That is unique in the city. “It changes the dynamic of the community, including if you’re in the resale market,” says Blake, adding that new-home buyers can say, “This is a brand new home that I can move into in six months’ time. I can actually move in.” The newest condominium being worked on now in Phase 2 is Daniels’ One Park Place South Tower, which will be ready for move-in by the end of the year. Daniels is also getting ready to launch a limited collection of condominium townhomes. The builder often takes new-home buyers and foreign delegations on tours of
“It’s part of the fabric of the rest of the community. It’s always going to feel like a very special place in the city.” the community to give them a feel for everything that is being built around the new-home development. Some of the visiting tour groups have hailed from Kazakhstan, South Africa, the Middle East and Central America. It’s difficult to see where the phases begin and end as they were designed to blend into each other. “If you were to drive through the downtown east in five years’ time, it would be very difficult to see where Regent Park starts and stops,” Blake says. “It’s part of the fabric of the rest of the community. It’s always going to feel like a very special place in the city.” I can’t wait to see the next chapter in Regent Park’s story.
BUY BEFORE NOV.1ST & GET A FREE LOCKER!
SPECIAL SUITE OF THE MONTH PROMOTION CONTINUES ONLY A FEW
LUXURY SUITES LEFT ALL SUITES
2 BEDROOM SOUTHAMPTON SUITE 1137 SQ. FT. *In addition to the current promotion
GET AN EXTRA $10,000 OFF! *ONLY 5% DEPOSIT REQUIRED UNTIL YOU MOVE IN!
4 CASH OFF %
FOR A LIMITED TIME RECEIVE
$10,000
IN BONUS SAVINGS • VISIT OUR SALES CENTRE AND VIEW ALL SUITES PLUS 4 DECORATED MODEL SUITES • MOVE IN FROM 60 DAYS!
JANE STREET
SITE RD. ILL DM OL OLD MILL INN
OLD MILL DRIVE
Exclusive Residences from the $500’s to over $1.7 million
30 OLD MILL ROAD, TORONTO MONDAY - WEDNESDAY: 12PM - 6PM SATURDAY & SUNDAY: 12PM – 5PM, THURSDAY, FRIDAY & HOLIDAYS: CLOSED
BLOOR STREET WEST
JANE STREET
SITE
OLD MILL DRIVE
416 766-7343 www.riverhousecondos.ca *Deposit structure: $5000 with RD. the offer, balance to 5% in 30 days, balance to 20% on occupancy. SOUTHAMPTON ILL AND NOTTINGHAM ONLY, D M BALANCE TO 10% ON OCCUPANCY. *Please speak to Sales Representative for full details. OL OLD MILL INN Exclusive Listing Broker Milborne Real Estate Inc. Brokers Protected. Marketing Management by Anne Lambrou Living Visions Inc. Prices and specifications subject to change without notice. Promotions may be changed and/or cancelled at BLOOR STREET WEST any time without notice. Illustrations are artist’s concept. E.&O.E.
SEP 27 - OCT 11, 2014 NEW CONDO GUIDE 011
TABLE OF CONTENTS
Sept 27 – Oct 11, 2014 VOLUME 18 ISSUE 18
20
LIBERTY DEVELOPMENT
pioneers a mixed-use lifestyle in the 905
COLUMNS, NEWS & FEATURES
002 EDITOR’S NOTE COLUMNISTS
010 BILD REPORT Transforming Regent Park BY BRYAN TUCKEY
042 CONDO PRO Choosing a place to call “home”
080 QUICK TIPS “Fall” into your organizing groove
048 INDUSTRY INSIDER Hot trends and lasting value
082 DESIGNER ADVICE Home sweet home office
BY BARBARA LAWLOR
BY DAVID HIRSH
030 STAT CHAT What’s the deal with all these foreign condo buyers?
062 FITNESS GALLERY The importance of sleep
034 INVESTOR ADVICE How to make a recessionproof condo investment
068 MAKE YOUR MOVE The 15-point moving day checklist
038 LEGALLY SPEAKING When buying your first home, do your due diligence
076 TAXING ISSUES Determining your tax deductions
BY BEN MYERS
BY ANDREW LA FLEUR
BY JAYSON SCHWARZ
BY MARK J. STABLES
BY CHUCK RESNICK
BY HENRY CHOO CHONG
BY HELLEN BUTTIGIEG
BY YANIC SIMARD
102 TARION REPORT Don’t miss out on warranty coverage, make sure your new home isn’t built illegally BY HOWARD BOGACH
114 FUNDAMENTALLY SPEAKING Homeownership affordability improves slightly BY WAYNE KARL
IN THE NEWS
016 MONARCH Mariner at Heron’s Hill 024 LIFETIME Condo developer offers the city a Lifeline 104 TIMES GROUP Eight new floors at Key West Condo in Etobicoke HOMEBUYERS’ HELP
014 HOT DATES What’s happening in and around the GTA 032 FINANCES Younger homebuyers not maxing out on their mortgage payments
040
060
044 HOMEBUYERS’ HELP The secret to success: Buying a builder’s reputation
078
094
BY ANTHONY JONG
072 072
Zigg Condo Zigg, a new look for Forest Hill
NORTH DRIVE INVESTMENTS
The High Park North Drive presents the award-winning The High Park
096 CONDO WATCH 416 Previews, new releases and grand openings in the 416
142 ADVERTISER INDEX
MADISON HOMES & FIELDGATE HOMES
078
BY MARIAN PARSONS
137 CONDO BUYERS’ RESOURCE SECTION
Daniels HighPark It’s high time to explore HighPark Condominiums
Totem Totem holds an edge on condo living with a perfect storm of features
086 DIY Painting raw wood with milk paint
122 CONDO WATCH 905 Previews, new releases and grand openings in the 905
THE DANIELS CORP.
WORSLEY URBAN PARTNERS
BY GAIL VAZ-OXLADE
BY ALYSSA RICHARD
040
060
052 MONEY MATTERS We’re having a baby!
058 MORTGAGE ADVICE Why you should pay attention to the Bank of Canada
CONDO PROFILES
094
EMPIRE COMMUNITIES
097
Eau Du Soleil Toronto’s luxury waterfront community Eau Du Soleil releases new Waterview Suites and new designs
097
45 CHARLES LTD. & EDENSHAW HOMES
Chaz.Yorkville Feel the rhythm of the city – and all that Chaz!
HOT DATES
SEPT/OCT 2014 Calendar of events taking place from Sept. 27 – Oct. 11
HIGHLIGHTS
SEPT. 27 & 28
The Baby Show OCT. 1
Thanksgiving Masterclass
Sept. 27 & 28
Oct. 1
The Baby Show
Thanksgiving Masterclass
DIRECT ENERGY CENTRE
ARCADIAN STUDIO, 401 BAY ST., 8TH FLOOR
Expecting a little bundle of joy? The annual Baby Show is the place to be. Local and national exhibitors showcase all things prenatal, baby and toddler, postpartum products and services, and workshops to teach new parents how to care for their little ones. Admission is $15. thebabyshows.com
As part of In the Studio with Oliver & Bonnacini, this workshop will show you how to make a three-course Thanksgiving dinner, led by Chef de Cuisine, Chef Paul Brans. Afterwards, enjoy the meal, and take home recipe cards to impress guests on the big day. facebook.com/ArcadianEvents
Oct. 3 – 31
Until Oct. 19
Halloween Haunt
Cirque du Soleil presents Kurios
OCT. 3 – 31
Halloween Haunt at Canada’s Wonderland
UNTIL OCT. 19
Cirque du Soleil presents Kurios
014 NEW CONDO GUIDE SEP 27 - OCT 11, 2014
CANADA’S WONDERLAND
PORT LANDS
Canada’s largest amusement park gets a spooky makeover in the spirit of Halloween, with zombies, killer clowns, 10 terrifying mazes, a mind reader, fire breathers, acrobats, and over 25 rides that’ll make you scream! Visit online for tickets and additional info. canadaswonderland.com
In its Toronto debut, Cirque du Soleil’s latest show tells the story of an inventor. The troupe’s signature whimsy combines with a steam-punk vision of 19th-century technology. Prices range from $50 to $285. Visit online for more details. cirquedusoleil.com
COMING THIS FALL
DANIELS ERIN MILLS THE DAWN OF A NEW LANDMARK COMMUNITY SUITES FROM
194,900
$
INTRODUCING DANIELS ERIN MILLS Following the spectacular success of Daniels’ award-winning community in Mississauga’s City Centre, our pioneering vision comes to the heart of Erin Mills. Already under construction at Eglinton Ave. and Erin Mills Pkwy., Daniels Erin Mills is a new master-planned community built with Daniels’ legendary quality and integrity, and enriched with vibrant and innovative amenities. REGISTER TODAY to love where you live, work, play, grow, shop, dine and so much more…
• Suites ranging from studio to 3 bedroom designs including a limited collection of townhomes • Sophisticated suite features and finishes • Incredible amenities including a party room, fitness studio and outdoor terrace featuring gardening plots • An incredible location steps to the newly renovated Erin Mills Town Centre, Credit Valley Hospital and moments to Hwys 403, 401 and much more
REGISTER TODAY
danielserinmills.com | 905.306.6996 Exclusive Listing: CityLife Realty Ltd. Brokerage. Brokers Protected. Illustrations are artist’s concept. Specifications are subject to change without notice. E.&.O.E. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without prior written permission of The Daniels Corporation, is strictly prohibited.
SEP 27 - OCT 11, 2014 NEW CONDO GUIDE 015
IN THE NEWS
MARINER AT HERON’S HILL by Monarch
MONARCH CORP. HAS RECENTLY ANNOUNCED THE
completion of a new sculpture by Los Angeles-based Canadian-born artist, Jed Lind, located in the Heron’s Hill courtyard at Sheppard Avenue East and Yorkland Road in North York. Aptly named “Mariner,” its outerworldly presence is reminiscent of the investigative space probes released in the ’60s and ’70s, when the first early images of space exploration returned to Earth. The sculpture’s explosive imagery was inspired by Buckminster Fuller’s geodesic dome, serving as adulation to the artist’s futuristic stylings for which he was commended as “one of the greatest minds of our times.” Mariner was commissioned by Monarch Corp. as an homage and addition to Toronto’s well-appreciated public art displays. “We are delighted to live in a city that values art as an essential part of new city developments,” says David George, president of Monarch Corp. Perched on the elevated land between two Monarch highrise condominiums, Mariner is accessible to all residents and passers-by to appreciate the figure’s mesmeric form. Monarch could not be more satisfied with the outcome of the project. Mariner simply seems to capture a moment isolated in time, special to all who have been involved in its creation, and to those who have had the opportunity to admire it. Its unique form gives it a stunning presence from every angle. The geodesic abstraction and de-materializing oceanic form is painted in gleaming white that shimmers in the daytime and is lit up dramatically at night. At 16 ft. tall, weighing 16,000 pounds, Mariner is certainly a piece to celebrate. The open-sided structure looks almost like fragile lace at the top. Monarch agrees that creating a beautiful work of art complements the architectural design of their buildings. “The structure symbolizes a vessel that contains our emotions ranging from hope and despair, but ultimately to possibilities,” according to Lind. 016 NEW CONDO GUIDE SEP 27 - OCT 11, 2014
The Heron’s Hill master-planned community is conveniently located at Sheppard Avenue East and Hwy. 404 in North York, just east of Fairview Mall. Residents of Legacy, Ultra and Yorkland will enjoy the ultimate in condominium living, resulting in an exciting fusion of modern and traditional elements above and beyond the ordinary. Lind’s sculpture delivers a unique identity to this master-planned community by Monarch, which will inspire the imagination of residents, pedestrians and motorists for years to come. “It was a pleasure to work on a project that transformed a courtyard into a dynamic space,” says Lind. About Monarch Corp.
Headquartered in Toronto, Monarch Corp. is one of Canada’s oldest and largest home builders. Monarch has consistently been recognized in the home-building industry and by its customers for superior quality and outstanding customer satisfaction. Monarch builds and develops single-family detached and attached homes in Toronto and Ottawa, and builds highrise condos in the Greater Toronto Area. Monarch focuses on style, design, quality and livability in all of its homes, and is the Canadian brand of Taylor Morrison Home Corp. For more information on Monarch, please visit monarchgroup.net.
first pick. Like your morning trip to the local market for first pick of fresh produce, Monarch too has been a tradition to many since 1917. For thousands and thousands of Canadians, choosing Monarch has been central to so many important events in their lives. First homes, first memories, first accomplishments, first friends and even first loves. For almost a century, Monarch has brought people closer together. So if you’re looking for a new condominium, trust the oldest, strongest and most respected name in Canadian homebuilding.
Choose Monarch. First.
discover more
MonarchGroup.net
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.
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.
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.
SEP 27 - OCT 11, 2014 NEW CONDO GUIDE 017
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.
018
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
SEP 27 - OCT 11, 2014 NEW CONDO GUIDE 019
COVER STORY
LIBERTY PIONEERS A MIXED-USE LIFESTYLE IN THE 905 WORLD ON YONGE, CENTRO SQUARE AND THORNHILL CITY CENTRE AMONG THE CONDO INDUSTRY’S MOST SUCCESSFUL COMMUNITIES AMONG OTHER BENEFITS, THE RECENT DEVELOPMENT BOOM IN THE GTA has
created a savvier consumer; a smarter approach to urban planning; better architecture and more innovative design; a renewed emphasis on public transit; and, an appreciation for sustainable, mixed-use development. And while these benefits are recent, there’s nothing new about them for development industry leader, Liberty Development. “Long before being Green was the new gold standard, and ‘live, work and play’ became a catch phrase, Liberty was pioneering a different way of building new communities” says Marco Filice, Liberty Development’s vice-president and senior counsel. “Early on, we embraced the principles of sustainable, transit-oriented, mixed-use developments, creating some of the GTA’s best-selling, most award-winning communities over the last 10 years.”
020 NEW CONDO GUIDE SEP 27 - OCT 11, 2014
Earning thousands of purchasers and several industry awards in the process, including the Places to Grow Community of the Year award three times (in 2009, 2011 and 2013) from the Building Industry and Land Development Association, as well as the Ontario Home Builders’ Association’s Most Outstanding High Rise award in 2011, Liberty’s communities – like World on Yonge, Centro Square and
1 World On Yonge is a mixed-use community with retail shops, offices, a boutique hotel and four residential towers 2 Aerial view of the green rooftop, amenity rooftop terrace and urban park at World On Yonge 3 Centro Square Condos masterplanned community by Liberty Development
1
2 3
Thornhill City Centre – have been master-planned, mixed-use, and monumentally successful. WORLD ON YONGE
Boasting retail shops, offices, a boutique hotel and four world-class condominium towers, World on Yonge, located on Yonge Street (just north of Steeles Avenue) is among the GTA’s most successful integrated commercial, retail and residential mixed-use communities.
With residents about to move into the community’s final condominium buildings, called Parkside Towers at World on Yonge B1/B2, a handful of prime residential suites remain available, says Liberty’s sales and marketing manager, Shawn Richardson. “Since the project’s launch in 2009, buyers have had overwhelming responses to our building design and suite layouts, accessible price points, the range of dynamic amenities and the mix of uses.” Parkside Towers stand 27 and 18 storeys, with one- and two-bedroom layouts still available. These suites range from 530 to 770 sq. ft., starting from $284,000. Suites boast European-style, sophisticated kitchens with stainless steel sink and appliances, granite countertops and European-style cabinetry. The chic and modern bathrooms offer cultured marble countertops with integrated sinks, dual-flush toilets and ceramic tiling. Exclusive to World on Yonge’s residents and their guests is access to incredible amenities, including Club Liberty – an out-of-this-world gym and spa which includes an exercise room, indoor pool, golf simulator, whirlpool, sauna and change rooms. Other amenities include 30,000 sq. ft. of outdoor green roof terrace and entertainment area, cards and billiards rooms, as well as a party or multi-function room for entertaining. Overnight visitors to World on Yonge may stay in the Liberty Suites Hotel. SEP 27 - OCT 11, 2014 NEW CONDO GUIDE 021
THORNHILL CITY CENTRE – LEGACY PARK
4 5
6
4 Legacy Park is planned to have retail shops along Bathurst Street 5S hops on Yonge and World Shops offer a wide selection of retail shops right at the doorstep of residents at World On Yonge 6 Nearly two acres of park space is available at World On Yonge along Meadowview Avenue, and at the centre of the community
There are nearly two acres of park space in the community, plus an additional two acres (approximately) of green roof space at World on Yonge, creating a lush setting for residents, shoppers, office workers and hotel guests all who live, work and play at World on Yonge. CENTRO SQUARE CONDOS, PHASE 2
With a prime location (at Weston Road and Hwy. 7, in the heart of the Vaughan Metropolitan Centre), Centro Square is well served by public transit (with a planned subway extension opening next year), near major roads and highways including Hwys. 407, 401 and 400. Its location, according to Filice, “makes getting anywhere in the GTA by car, VIVA or TTC a dream. However, with so many options for shopping, entertainment and eating in the immediate area, we’re not sure why any resident of Centro Square Condos would ever want to leave.” Priced from the low $300’s, the first residential tower will stand 33 storeys and boast 447 suites, while the second tower, which was recently released, will rise 31 storeys and contain 333 suites starting at $270,000. Each unit will include a range of contemporary features and finishes, including nine-ft. ceiling heights, balconies and walk-out patios (on “garden level” suites). Rich with amenities, Centro Square Condos offers access to Centro Square Park (an over one-acre park with common areas and two Bocce lanes), and a landscaped green roof. Interior amenities include a media room and party room, yoga studio, swimming pool with whirlpool, exercise room, golf simulator and multi-purpose room. 022 NEW CONDO GUIDE SEP 27 - OCT 11, 2014
Thornhill City Centre, a masterplanned condo community on Bathurst Street just south of Hwy. 407, offers a prime location in the heart of the 905, with all of the advantages of an urban condo lifestyle. Located just north of the fashionable Promenade Centre and the dynamic new shopping plazas along Disera Drive and Centre Street, Thornhill City Centre is a multi-phased, 25-acre residential development that includes the City of Vaughan’s first urban park – a five-acre green space called Thornhill Green. With nine condo towers and hundreds of residents living at Thornhill City Centre, Liberty is now selling the community’s final phase, a 25-storey tower known as Legacy Park. A masterpiece of glass and steel, Legacy Park will offer well designed, liveable and elegantly appointed suites which will range in size from 515 to 1,423 sq. ft. Amenities at Legacy Park will include a state-of-the-art fitness facility, as well as a sauna and whirlpool for residents to relax and unwind. Other features and amenities will include a party room with sleek lounge-style seating and a modern bar, a media room and a golf simulator. With unparalleled access to public transit and its proximity to major roads and highways, it is easy to get just about anywhere in the GTA from Legacy Park. For your chance to live a mixed-use, master-planned lifestyle in the 905, visit libertydevelopment.ca.
ON SALE NOW IN DOWNTOWN EAST
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Discover the ONE that everyone is talking about. One Park Place South Tower is the newest addition to the internationally recognized and award-winning Regent Park revitalization. Now, living downtown has never been so easy — visit us today to learn how you can buy with just 5% down and take advantage of Daniels First Home BOOST* — which can help BOOST your downpayment from 5% to 15% interest and payment free!
Suites from the mid $200,000s Towns from the low $500,000s Call or visit us today! 416.955.0559 danielsoneparkplace.com One Park Place Presentation Centre 500 Dundas St East Mon/Tues/Thurs: 12-6pm • Wed: 12-8pm Sat/Sun: 12-5pm • Fri: Closed
View our fully-furnished model townhome today! *The First Home Boost Program is only available on a limited number of suites. Conditions apply. Exclusive Listing: CityLife Realty Ltd. Brokerage. Brokers Protected. Illustrations are artists concepts. Prices and specifications are subject to change without notice. E.&O.E. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without prior written permission of The Daniels Corporation, is strictly prohibited.
IN THE NEWS
CONDO DEVELOPER OFFERS CITY A LIFELINE
Lifetime Developments launches Lifeline; Charitable foundation aims to aid Toronto’s homeless and vulnerable communities WHETHER YOU’RE A CONDO INVESTOR, or just a casual observer of the real estate market; an economist, or an urban planner, you will not have missed the fact that Toronto is in the midst of an unparalleled real estate boom. The last decade has seen more concentrated residential development in this city – more new building starts and units delivered – than anywhere else in North America. In the last 10 years, more than 136,470* condominium units were delivered in the GTA and more than 859* new condominium projects were launched. (*Source: Urbanation) For real estate industry leaders like Lifetime Developments, an award-winning Toronto-based condominium developer, the current condo boom has allowed the company to launch more than 15 new condominium projects, delivering more than 6,000 new condo units throughout the city. “But it hasn’t been enough,” says Lifetime’s Brian Brown. “Despite the record number of homes the industry has built during the recent real estate boom, and despite our significant role in the condo market’s continuing success, issues around homelessness and the social issues that come with that condition need greater attention.” Concerned about the city they were helping to build, the principals of Lifetime Developments and their families decided to do something for Toronto’s homeless and vulnerable by establishing Lifeline – a charitable foundation whose mission is to provide aid and support for Toronto’s homeless and at-risk communities. “As community builders, we couldn’t stand by and watch as a growing number of people were living on the streets, vulnerable and under serviced,” says Brown. “Motivated by this urban condition, we formed Lifeline and actively began raising funds to support existing programs and organizations assisting those in need of support.”
024 NEW CONDO GUIDE SEP 27 - OCT 11, 2014
“The development industry has really responded to our outreach, as have our purchasers, suppliers and partners. We’ve been overwhelmed by the support we’ve received and the generosity of those concerned about Toronto’s most vulnerable population.” Within months of founding the Lifeline charity, Lifetime has begun to make a real difference, and the partners and colleagues that Lifetime hoped to engage in the cause have come out fully in support of Lifeline and its mission. “The development industry has really responded to our outreach, as have our purchasers, suppliers and partners,” says Brown. “We’ve been overwhelmed by the support we’ve received and the generosity of those concerned about Toronto’s most vulnerable population.” Recently, one of the development industry’s most anticipated annual charity events, known as the Smashed Annual Charity Ping Pong Tournament, has announced that all proceeds from this year’s event will go toward supporting Lifeline. The 2014 event will be held on Oct. 24 at Muzik. For more information about SMASHED2014 visit smashedpingpong.com; or for your chance to join the Lifeline cause, go to lifelinecares.ca.
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
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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
SEP 27 - OCT 11, 2014 NEW CONDO GUIDE 025
Great Gulf. Choose greatly.
ACROSS FROM SHERWAY GARDENS. MOVE IN TODAY WITH UP TO $20,000 CASH BACK.
Suites from
$280,000s
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
$550,000s
Sales Centre 33 Bloor St. E 416.922.0081 onebloor.com
Coming soon. 026 NEW CONDO GUIDE SEP 27 - OCT 11, 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
$320,000s
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
By appointment only 905.828.4257
For more information, register at greatgulf.com/comingsoon
SEP 27 - OCT 11, 2014 NEW CONDO GUIDE 027
028
029
STAT CHAT
// BY BEN MYERS
WHAT’S THE DEAL WITH ALL THESE FOREIGN CONDO BUYERS?
M 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
Condominium purchasers from outside Canada make up a small share of the total
030 NEW CONDO GUIDE SEP 27 - OCT 11, 2014
y last article in New Condo Guide mentioned a new study by Canada Mortgage and Housing Corp. (CMHC) on condominium investors in Toronto and Vancouver, and I want to reference this report again. The key findings of this “Condominium Owner’s Report” were that 61 per cent of condominium investors (or second home purchasers) planned to hold their unit for more than five years, 86 per cent of respondents did not plan to sell their unit within one year of taking possession, 64 per cent of respondents purchased their condo with more than a 20-per-cent down payment, with almost 50 per cent of respondents taking a fixed-rate mortgage. Combined, these results give some reassurance that the condominium investor market is not filled with highly leveraged shortterm buyers who are extremely sensitive to interest rate adjustments. Despite some great tidbits of information on investors in the Canadian housing market, much of the scrutiny of the CMHC report was that it didn’t survey “foreign” buyers. Ignoring the fact that it would be extremely difficult to survey these buyers, I doubt the results would change dramatically. First off, condominium purchasers from outside Canada make up a small share of the total, and secondly, from my conversations with real estate agents, these out-of-country investors plan to hold and rent the units for just as long, if not longer, than domestic investors. I took a look at the geographic breakdown of purchasers for one of the condominium apartment projects we are involved in, and it showed that just 0.7 per cent of purchasers were from outside of Canada (just 1.4 per cent from outside of Ontario). Alternatively, I looked at the Google Analytics for our website at fortressrealdevelopments.com and found that 93 per cent of the traffic was from Canada, three per cent from the USA, one per cent from Brazil and the UK, with a number of countries making up the remainder. Mind you, this is not a very representative sample, but I would conclude that the “foreign buyer” component of the Toronto condominium market is surely overestimated. As a potential new condominium buyer, the existence of purchasers outside of Canada is a desirable one! They view Canada as a great place to live – a place with stable banking, a stable political system, a globally thriving country and city that has tremendous growth potential (and not only for real estate). In addition, with the help of these buyers, buildings are sold quicker and get under construction sooner, meaning you don’t have to wait as long to move into your new suite! I think it is fantastic that non-Canadians believe that Toronto is a good place to invest, and at Fortress we think it is too. Do your research and make sure the process is not foreign to you. Happy condo hunting!
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
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Yorkville Ave.
45 Charles St. E. Yonge St.
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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.
SEP 27 - OCT 11, 2014 NEW CONDO GUIDE 031
FINANCES
YOUNGER HOMEBUYERS NOT MAXING OUT ON THEIR MORTGAGE PAYMENTS Today’s Gen X Canadians want enough flexibility in the budget to afford things like travel after paying their monthly mortgage. According to a recently released TD Survey, one in seven (14 per cent) Gen X Canadians consider themselves “House-All” buyers who go to the higher end of what they can comfortably afford when it comes to their mortgage, leaving less room for discretionary spending. But, according to the survey, Gen Xers are fairly evenly split between those who see themselves living in their current home forever (42 per cent) and those who see it as a stepping stone to a different property (45 per cent). “More than two thirds of Gen X Canadians have told us they don’t want their entire budget allocated to mortgage payments,” says Nupi Zubair, associate vice-president, Retail Products at TD. “It’s possible to own a home and not feel handcuffed to the mortgage, but it does require careful saving and planning before signing on the dotted line. Buyers need to purchase a home at a price they can afford, while still budgeting for the other things on their list of priorities.” Zubair says that, in addition to the sale price of the home, Gen X Canadians need to factor in other costs of home ownership – such as taxes, maintenance, closing costs and insurance – and set a budget for all of the discretionary things they want to do. “One way to have more disposable income every month is to make a larger down payment up front, which ultimately reduces the size of the mortgage and monthly payments,” says Zubair. “Keep in mind though, a shorter amortization period and making payments weekly, rather than monthly, can increase overall monthly payments but lower the overall costs of the mortgage. It really comes down to the buyer’s priorities.” The survey found sale price is the most important factor for Gen X Canadians buying a home, followed closely by location and the future appreciation of the home. This was particularly true for those who consider themselves “House-Plus” homebuyers, but even “House-All” buyers put sale price at the top of their list, too. Access to public transit and proximity to schools were much lower on the priority list for all categories of Gen X Canadians, including those who planned to stay in their home forever.
FORGET THE TERM “HOUSE POOR.”
032 NEW CONDO GUIDE SEP 27 - OCT 11, 2014
TIPS FOR YOUNG HOMEBUYERS:
The easiest way for buyers to do this is to set up a regular automatic savings plan and add to it any special monetary gifts or bonuses received. First-time buyers can also take advantage of the RSP Home Buyers’ Plan to build a bigger down payment.
SAVE FOR A DOWN PAYMENT.
Start by listing all sources of income, including any potential help from family. Then list all non-discretionary expenses, such as food, utilities, insurance, and car or student loan. What’s left will be the amount available for mortgage payments (replacing current living expenses), savings, and any discretionary spending buyers may want to account for.
SET A BUDGET.
BUY THE HOME THAT FITS THE BUDGET. The mortgage should be realistic based on the available budget. If it’s not enough for the desired home, consider holding off and save for a larger down payment, or look for a less expensive property. The alternative to waiting is finding ways to cut back on allocated discretionary spending money each month.
Buying a home is one of the most important investment decisions Canadians will make, so take the time to talk to an experienced professional. Work with a mortgage specialist and financial adviser in tandem to help develop a strategy to save for a down payment and, after closing, help maximize available funds for discretionary spending and future financial goals, such as retirement or a renovation down the road.
ASK FOR ADVICE.
Coming Soon to Yonge + Eglinton.
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
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
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
INVESTOR ADVICE
How to make a
// BY ANDREW LA FLEUR
RECESSION-PROOF CONDO INVESTMENT
I
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
Investing in real estate is not a getrich-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.
034 NEW CONDO GUIDE SEP 27 - OCT 11, 2014
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 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 preconstruction 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 in the pre-construction phase. 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 investor 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. 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.
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.
SEP 27 - OCT 11, 2014 NEW CONDO GUIDE 035
5,000 DOWN AND PAY FROM ONLY $ * 1,500/MONTH $
DEMOLITION SPECIAL!
READY!
CENTRE ST.
YONGE ST.
BEVERLEY GLEN BLVD.
BATHURST ST.
407
TTC/VIVA
STEELES AVE W.
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 SEP 27 - OCT 11, 2014
DEMOLITION SPECIAL
$5,000
DOWN AND PAY FROM ONLY
$1,500 HIGHWAY 7
HIGHWAY 404
*
HIGHWAY 400
WESTON RD.
HIGHWAY 427
PER MONTH
**
CENTROSQUARE.CA | 905-851-8877
HIGHWAY 407
STEELES AVE.
SALES OFFICE HOURS: Monday - Thursday 12 p.m. - 7 p.m. Weekends & Holidays 12 p.m. - 6 p.m. *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.
SEP 27 - OCT 11, 2014 NEW CONDO GUIDE 037
LEGALLY SPEAKING
// BY JAYSON SCHWARZ
WHEN BUYING do your due YOUR FIRST HOME, diligence Get a pre-approval in writing so you have something to rely on, because especially today, it is critical that you do not get caught up in the rush of buying a home that is beyond your budget. CONDO VERSUS FREEHOLD
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.
P
urchasing your first home will likely be the largest investment you ever make. Think about that. Why, you ask? In my 35 years of practicing law, I have seen young couples spend more time researching a new telephone than a new home! If you take anything from this article, it is this: research everything ahead of time, like home builders, areas, amenities, property taxes, lawyers, zoning, bylaws and neighbours. And don’t let yourself be pressured by anyone.
Condo living provides a carefree lifestyle – someone else cuts the grass and shovels the snow – but you pay monthly maintenance fees and sometimes others determine how the amenities, if not your unit itself, can be used. Freehold ownership means freedom to do what you want, but maintenance and upkeep fall on your shoulders. NEW VERSUS RESALE
Once you determine what type of home you want, you need to decide between new or resale. If new, the offers are long and filled with clauses that could cost you money or result in long delays. Be sure to see an experienced real estate lawyer familiar with these kinds of purchases before the agreement is final and no longer conditional. Research the builder, visit completed communities by the builder you’re considering, and ask people about quality and after-sales service. FIND THE RIGHT LAWYER
A lawyer must advise you at the time you make your offer, to guide you in understanding the Agreement of Purchase and Sale. The right lawyer will explain how real estate agents work, what documents you will sign, and what is to be included in the offer. It is important that your lawyer explains all the potential costs you will face and what you may encounter. Ensure that you have a pre-agreed fee with the solicitor. Then, have your lawyer provide a list of disbursements – those monies expended on your behalf necessary to properly search and close the transaction. This is where some lawyers may try to charge large fax, mail and photocopy fees. Make your lawyer justify all expenditures that don’t make sense.
WHAT CAN YOU AFFORD?
MISCELLANEOUS
Review your available cash for deposit, and your annual income to pay a mortgage and expenses. Then, speak to the mortgage specialists at the bank you deal with and speak to a reputable mortgage broker. Find out how much money you can borrow and how much of a deposit you’ll need to put down. This will let you focus on homes you can afford.
Do you have a will? Is it up to date, and does it represent your current situation and state of affairs? A will prevents sibling disputes, clarifies who will look after children, keeps the government out of your affairs, allows for an orderly disposition of everything from possessions to your realty, stocks and bonds, and will help guide your funeral arrangements. You will also need insurance for the home. This is the right time to look at life and disability insurance, to determine if you should be insuring your mortgage in case something happens to the major wage-earner. As you can see, there is a lot to consider when buying your first home. Being prepared will help you enjoy the experience and find that dream home.
038 NEW CONDO GUIDE SEP 27 - OCT 11, 2014
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’s 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
SEP 27 - OCT 11, 2014 NEW CONDO GUIDE 039
CONDO PROFILE
It’s high time to explore
HIGHPARK CONDOMINIUMS, where Daniels’ incentives add up to incredible value for first-time buyers!
a
PICTURED: The tenth-floor outdoor terrace
location across from Toronto’s gorgeous High Park is just one of the many reasons why The Daniels Corporation’s HighPark Condominiums is high on the list of new home shoppers looking for incredible value! Already well under construction, this residence is cradled in the established streets of Oakmount Road and Pacific Avenue, steps to the subway and the vibrant Bloor West Village shopping district. Suite prices begin from $299,900, and currently, Daniels is offering unbeatable incentives. For a limited time only on selected suites, you can purchase at HighPark Condominiums and receive incredible cash-back incentives, free parking and locker, one year of free maintenance, and you can buy with only five per cent down.
040 NEW CONDO GUIDE SEP 27 - OCT 11, 2014
But that’s not all, anchored by a landscaped courtyard on Bloor, HighPark Condominiums will feature a single-storey glass pavilion where over 15,000 sq. ft. of retail space will offer the epitome of convenience. In the lobby, residents will be welcomed home and can access 24-hour concierge service and take advantage of the handy dog-washing station after walks in the park. Your price also includes exclusive use of some of Toronto’s best amenities. Spread over three levels, The Parkside Club offers 18,000 sq. ft. of space for exercising, energizing and entertaining. From the top down, the 10th floor will encompass a social room with a catering kitchen, as well as an outdoor terrace and indoor/outdoor fireside lounge and sun deck with stunning views of High Park and city lights. The third
WITH THE ENVIRONMENT IN MIND, DANIELS HAS EVEN ADDED A RESIDENT BIKE ENGAGEMENT/ BIKE SHARE PROGRAM AT HIGHPARK CONDOMINIUMS TO ENCOURAGE RIDING floor is where you can get your heart pumping in the cardio studio, stretch out in the indoor/ outdoor yoga and Pilates studio, dance and mingle in the party room, challenge friends in the billiards room, and sunbathe, grill burgers and dine alfresco on the outdoor lounge in the midst of views of the park and beyond. On the second floor, work out on the rock-climbing wall and in the weight studio, unwind in the sauna and watch a movie in the home theatre. You can also exercise your green thumb in the outdoor gardening plots where local farmers will provide programs and advice to get you started. With the environment in mind, Daniels has even added a resident bike engagement/bike share program at HighPark Condominiums to encourage riding. Of course, walking is a given, with the shops, markets, bakeries and eateries of Bloor West Village down the street, and Toronto’s largest urban park across the way. Measuring in at nearly 400 acres, High Park offers everything from a zoo to Chinese
PICTURED: HighPark Condominiums under construction
gardens, Japanese cherry trees, an off-leash dog park, gardening plots, café picnic area, pool, kids’ playgrounds and hiking trails. Suite choices range from studios to two-bedroom-plus-den layouts from 412 to 1,047 sq. ft., each with a personal outdoor space, and features and finishes such as stainless steel appliances and quartz countertops in the kitchen. Suites begin from $299,900 – great news for first-time buyers who meet the criteria to withdraw up to $25,000 from their personal RRSP to use toward their down payment. Many also qualify to receive the first-time Home Buyer’s Tax Credit of up to $750 in tax relief toward closing costs. The Daniels Corporation (danielshomes.ca) is one of Canada’s preeminent builders/developers, building more than 25,000 new home communities across the Greater Toronto Area for over 32 years. Daniels was named the Tarion Warranty Corporation’s 2012 Ontario High Rise Builder of the Year and the recipient of the 2012 Toronto Arts and Business Award presented by the Toronto Arts Foundation. Among its many initiatives, Daniels was chosen to partner with Toronto Community Housing to revitalize Regent Park – 69 acres in Toronto’s Downtown East. Committed to community, Daniels offers innovative programs that help people achieve homeownership, champions neighbourhood initiatives that enhance quality of life, and supports numerous charities and non-profit organizations. Everything about HighPark Condominiums adds up to remarkable value. Great incentives, plus an incredible location, plus outstanding amenities all equal to outstanding value you won’t want to miss. Take advantage of this opportunity now, while you still can. Stop by the presentation centre at 2150 Bloor St. W., open Monday, Tuesday and Thursday from noon to 6 p.m.; Wednesday from noon to 8 p.m.; Saturday, Sunday and holidays from noon to 5 p.m.; Friday closed. Call 416.351.1844, or visit DanielsHighPark.com. Follow @DanielsHighPark on Twitter for exclusive construction updates. SEP 27 - OCT 11, 2014 NEW CONDO GUIDE 041
CONDO PRO
Choosing a place to
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.
D
uring your search for a new condo, there is so much to think about. You want the perfect building for your lifestyle needs, and in Toronto, there is something for everyone. Location always tops the list in importance, and I encourage buyers to consider this factor from many ways. For example, be realistic about your work commute. Too often,
042 NEW CONDO GUIDE SEP 27 - OCT 11, 2014
// BY BARBARA LAWLOR
CALL “HOME” people look at a map, draw lines on it and measure distances as the crow flies. This is not a good idea, because crows fly over the road twists and turns, traffic lights and other things you have to contend with. When you are considering specific buildings, be logical and do a little homework before you sign on the dotted line. The best way to find out whether your commute is reasonable from a particular building is to start out from that location during rush hour and actually do the drive. Then drive back to that condo after work. You may be surprised at how long – or how short – the trip is. A condominium that is farther from your workplace may, in fact, be a quicker drive, depending on its proximity to major highways, GO stations, etc. You may, for instance, find condominiums in areas such as Richmond Hill, Mississauga or Pickering that are an easier commute to Toronto than some located right in the city. Those who commute from the 905 areas may also find car-pooling an attractive solution, as they can then use the highoccupancy lanes on major highways. Shift workers who commute outside of rush hour may have a different outlook on location. Again, do the commute during the times when you usually drive and see just how it is. There is always the viable alternative of taking public transit. For trips in and around Toronto, it may make a lot more sense for you to hop onto a bus or the subway. It’s a great idea to look at the location of the condo you’re considering in other ways as well. Start from the building and walk around. What can you do without driving or even taking public transportation? Shop? Bank? Drop off dry cleaning? Think about the places you visit often, including the homes of family members and friends. Will those trips be a breeze? Are you taking night courses? How convenient will it be to travel to your school? There are so many things in life affected by your home’s location. For empty-nesters who are approaching retirement years and downsizing, a condo that enables them to stay in the residential area they know and love can be a wonderful solution. For first-timers who do not own a car, a suite in a condominium on a subway line in the hub of the city is great. And living downtown is becoming increasingly popular for families who feel that the shorter commute means more time to spend with their kids. Then again, with entrepreneurship such a popular lifestyle today, there are many condo owners who work out of their homes – and let’s face it, no commute is the best commute of all! Today’s advanced technology has even sparked some employers to have employees work from home part of the week. This means that from a work/commute perspective, they have phenomenal choice when it comes to location. Whatever your circumstances and preferences, a great condominium location is rightly at the top of your must-have list. Be optimistic and realistic, and you will make the right choices!
NOW OPEN 5,000 SQ.FT. PRESENTATION CENTRE+MODEL SUITE “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?
PRESENTATION CENTRE+MODEL SUITE KING ST EAST AT LOWER RIVER MON-THURS 12-6 PM SAT & SUN 12-5 PM FOR MORE INFO 416.862.0505 Rendering is an artist’s impression. Specifications are subject to change without notice. E.&O.E.
QUEEN ST E
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STARTING THE LOW $200’S TO $1.4M
X
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HOMEBUYERS’ HELP
// BY ANTHONY JONG
The secret to success:
BUYING INTO A BUILDER’S REPUTATION
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
E
very year the real estate market is introduced to dozens upon dozens of new developments. In 2013, there were 101 new condominium projects in the Greater Toronto Area. There is an abundance of opportunity to invest in preconstruction projects. Some purchasers see into the future and realize the potential of a development and others do not have the stomach for this kind of investment. Many developments have been remarkably successful with those purchasers reaping the benefits. Uncommonly, a handful of developments have failed with tremendous loss to purchasers and confidence of the public. The secret to success is finding the right builder to invest your capital.
044 NEW CONDO GUIDE SEP 27 - OCT 11, 2014
In light of recent real estate events, a lawyer who represented a fairly new developer in North York allegedly transferred purchasers’ deposit money out of their trust account. The owner of Centrust Development Group has allegedly fled with the deposits, which totaled tens of millions of dollars. All of the residential purchasers at Centrium condos will likely have their deposits returned in full. However, the deposits for the commercial units still hang in the balance. Criminal charges are laid on the lawyer for mishandling the funds, while the police are actively searching for not only the developer, but also a trail of the remaining deposit monies. The public has raised the question: is pre-construction investment a gamble? Absolutely not. Pre-construction projects do not provide purchasers the opportunity to feel the space, walk inside the building, and visit the amenities. What they offer are nice model showrooms, life-like renderings, well-designed floor plans, glossy brochures, and appealing incentives. If a purchaser only considers the aforementioned as criteria to investing in a pre-construction project, they are indeed gambling. An astute purchaser makes a comprehensive decision and sees well beyond the shell of the project. One of the most important things that successful purchasers consider in a pre-construction project is the builder’s reputation. According to Mr. Shab Rajabzadeh, vice-president of Cornerstone Marketing Inc., purchasers should ask the following questions when choosing a builder of a pre-construction project: 1 Track record: In how many projects has the builder been involved? 2 Completion: How many completed projects by the builder may
be visited?
3 Age equals experience: How many years has the builder been in business and actively building? 4 Geographic presence: In what neighbourhoods and areas has the builder been developing condos?
Many purchasers seem far too concerned with price rather than conducting research on the builder. As Mr. Rajabzadeh explains, “Buy into a celebrated reputation and a passionate builder.” CONTINUED ON PAGE 46…
HOMEBUYERS’ HELP
CONTINUED…
Many purchasers seem far too concerned with price rather than conducting research on the builder. As Mr. Rajabzadeh explains, “Buy into a celebrated reputation and a passionate builder.” The answers to those four questions will provide great insight to a pre-construction project overall, and the rate of success for completion. Reputable builders do things right from the get-go and protect the purchaser’s interests. Not only does the builder have to follow strict guidelines under the Condominium Act, but also an accredited trustee, or lawyer, holding purchaser’s deposits in-trust is not allowed to release the funds to the builder unless two requirements are fulfilled:
Company of North America, and Trisura. This insurance covers the portion of deposit in excess of $20,000.
with Tarion, appointed by the Ministry of Consumer Services as administrator and enforcer of Ontario New Home Warranties Plan Act and Regulations. This bond provides insurance coverage for the first $20,000 of a purchaser’s deposit.
There are strict regulations from Tarion and the insurance companies before deposits in the trust account can be released from lawyer to builder for funding the condo project. Allegedly, in the case of Centrust Development Group and its lawyer, these regulations and guidelines were not followed. Reliable and reputable builders in Toronto hold a very strict selection process of the trustee holding the deposits, usually from a handful of law firms who have an extraordinary track record with pre-construction projects. The media exposes us to numerous pre-construction projects with all the gimmicks and glamour, but a sound purchaser focuses on the builder’s reputation over the course of history. Some investors and purchasers are prosperous for this reason and only buy from a selective list of reputable builders. That is their secret to success.
2 The builder arranges an Excess Condominium Deposit Insurance (ECDI) with one of the following four insurance companies in Ontario: Aviva, Travelers, Guaranty
For more information, please visit tarion.com and e-laws.gov.on.ca.
1 A bond for $20,000 per unit is posted by the builder
046 NEW CONDO GUIDE SEP 27 - OCT 11, 2014
UNCOMPROMISING. UNPARALLELED. UNDENIABLY TORONTO’S MOST ICONIC ADDRESS.
PRESENTATION GALLERY NOW OPEN.
The Residences of 488 University Avenue is a trademark of Amexon Development Corporation
A Commitment to Excellence
488university.com SEP 27 - OCT 11, 2014 NEW CONDO GUIDE 047
INDUSTRY INSIDER
// BY DAVID HIRSH
HOT TRENDS AND LASTING VALUE
I David Hirsh is president and CEO of Brandy Lane Corp. David prides himself on his creative hands-on approach to all stages of the development and building process. He believes that everyone is his client. The company’s newest communities are the highly successful Wyldewood Cove in Collingwood, and coming soon, The Davies, at Avenue Road and Cottingham. Visit BrandyLaneHomes.com.
In open-concept designs, kitchens are typically the heart of the home
048 NEW CONDO GUIDE SEP 27 - OCT 11, 2014
’ve been in my home for nearly 25 years. During that time, open-concept living spaces have become the norm and colour palettes have changed significantly, many times over. I continue to update my house to stay current and test how livable new design elements actually are – the best of which inform our communities. However, I shy away from letting fleeting trends inform smart long-term design decisions. Kitchens and bathrooms are comprised of design components that can’t be easily, inexpensively or regularly changed, like cabinets, appliances and permanent fixtures. Considered the most important rooms, key elements in these principal spaces should stand the test of time. While you want your home to be reflective of who you are and your lifestyle, it’s also important to consider what will work in your favour, should you decide to sell. In open-concept designs, kitchens are typically the heart of the home. Environmentally friendly and energy-efficient features remain a solid trend and are, in many instances, standard in new homes and condos. This makes sense, given the broad selection of, and demand for, these elements. For those who love to cook and where the option is available, gas stoves are often a desirable upgrade. Where a gas connection isn’t possible, induction cooktops and steam cooking are fantastic choices. We continue to see kitchen islands and countertops as key focal points, encouraging gathering during parties and as casual seating for day-to-day meals. Those looking for glamour can select flashy hardware to add some oomph. Cosy bathrooms that evoke a Zen-like atmosphere, which allow you to escape and recharge from daily life, are hugely popular. In the luxury market, walk-in showers with multiple jets, rain showerheads and hand-held nozzles are big. Frameless glass showers are also still hot. Natural materials like marble, granite, stone and slate stand the test of time, and can work well with the array of new tiles available today. For floors, the bigger the better, as wide plank wood products and large slab or long broad tiles go a long way in making small spaces feel larger. Your favourite colour may be purple, but remember that paint and accessories, from curtains and towels, to rugs and art, are easy to change, while major infrastructure is not. Monochromatic colour palettes and a blend of matte and glossy finishes can craft a sense of calm and form an excellent backdrop for items that pop for visual impact. It can also be helpful to consider the ambiance you’re trying to create. If you want a modern airy-feeling space, consider solid colours. Hold back on patterns or busy design details. In this case, simplicity is key. On the other hand, if you want something more traditional or classic, you can look at using finishes with more intricate detailing and darker colours, giving the room a stronger sense of presence and weight. By all means, embrace cutting-edge design that suits your personal style. But from an investment standpoint, it’s a safe bet to remain fairly neutral with the large elements.
WEST SIDE LIVE HERE . Be Everywhere.
PRIVATE landscaped courtyard rooftop pool and bar innovative fitness space steps to King STREET WEST
Coming Soon, Design-forward condos at front + Bathurst, from the low $200s* Live connected in a community that’s your gateway to the very best of the city. Just steps to the waterfront, island airport, entertainment district and more.
#westsideto
register today! mintowestside.com *Prices and specifications are subject to change without notice. Rendering is artist’s concept. E.&O.E.
049
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
MONEY MATTERS
// BY GAIL VAZ-OXLADE
WE’RE HAVING A BABY!
O
Gail Vaz-Oxlade is the host of Til Debt Do Us Part, author of Debt Free Forever, and she blogs daily at gailvazoxlade.com. Follow Gail on Twitter at Twitter.com/GailVazOxlade
So, now that you know you’ll only be getting a fraction of the income you’ve become used to, how are you going to cope?
ne of the life events that will have the biggest impact on your finances is the arrival of a new baby, and the income loss associated with taking maternity leave. In Canada, new moms can take up to 52 weeks off from their jobs and have those jobs protected for their return to work. However, all that time off doesn’t necessarily come with a full pay cheque. Yes, there are companies that offer a “top up,” but it hardly ever is for the full amount of your before-baby pay, and it seldom lasts for the full year. For people who do not receive a top-up, employment insurance (EI) benefits will provide an income. EI benefits are calculated as 55 per cent of your normal earnings up to a maximum salary. So if you’re earning $40,000 a year, which translates into $3,333 before taxes a month, or $769 gross a week, you’ll be entitled to 55 per cent of that or about $423 a week, before taxes. Ouch! On top of that pain is the fact that the first two weeks of your leave are unpaid, so your income calculation won’t start until the third week. And since it’ll take between four and six weeks to get your first EI benefit deposited into your bank account, you shouldn’t be counting on that money to make your mortgage payment or buy food. Moms aren’t the only ones who can take time off with their new Mini-Me. Dads can take up to 35 weeks of parental leave; however EI benefits have to be shared between the mother and father so they can’t both collect EI at the same time. Adoptive parents also get to take parental benefits and fall under the same rules as dads. So, now that you know you’ll only be getting a fraction of the income you’ve become used to, how are you going to cope? Many new moms and dads resort to using their credit cards or lines of credit to see them through. Dumb! With a new long-term expense – a child – adding gobs of interest to the equation is no way to secure your financial future. Every month you’ll fall further and further behind, becoming almost desperate at the hole you’ve dug yourself. And if another baby arrives soon after, your goose will be cooked. Just because Canadians are guaranteed a year of parental leave from work doesn’t mean we have the right to take it. We only have that right if we’ve taken the time to plan for it, and have the money we’ll need to make ends meet without going into debt. The best way to see the implication of that income drop-off is to live on the equivalent of your parental leave income for the duration of your pregnancy. Put the rest of your money away for emergencies, to buy the CONTINUED ON PAGE 54...
052 NEW CONDO GUIDE SEP 27 - OCT 11, 2014
ARTISTIC LOFTS AT QUEEN AND BATHURST
ones, twos and threes
from $272,900 t h e h a r lo w e . c o m
416.363.1771
SALES CENTRE + MODEL SUITE 618 RICHMOND STREET WEST ( AT BATHURST )
Mon-Wed: 12-6pm, Thurs: 3-8pm, Sat-Sun 12-5pm
SEP 27 - OCT 11, 2014 NEW CONDO GUIDE 053
MONEY MATTERS
CONTINUED…
stuff you’ll need for the baby, or to start an education savings plan. If you can’t swing it for the months that you’re pregnant, you might want to reconsider taking the full year’s leave. The other thing you have to consider is which member of the family should take the most time with the baby. While, traditionally, women have done this, when the woman is the primary breadwinner in the family then the income loss to the family is felt doubly. Do the math to see who should take time off and how much, and how that will impact the family’s financial situation. You have to make a budget that balances while you’re off, including a whole bunch of new categories that incorporate baby’s food, clothes, diapers, shampoo, creams, medical necessities, toys, activities, and don’t forget about savings. Also, don’t forget about the costs associated with actually getting the baby here: hospital rooms and parking. If you have a health plan through work, you may be covered for semi-private room. If not, you may have to settle for sharing a room with a lot of other crying babies. And don’t bank on being in the
hospital for only one day. If there’s any complication with baby, you’ll be “living” at the hospital until baby can come home. Don’t add financial stress to your already over-stressed life. The arrival of your newest family member should be a time full of joy and excitement. But you can’t expect things to run smoothly if you’re a dope and don’t do some planning. People like to say they didn’t have any time to plan… that they were “surprised” by baby’s arrival. You’re kidding me, right? Nine months isn’t enough time to figure out how you’re going to cope? Or maybe it’s that you don’t want to face some hard truths. Well, you have a baby to consider now, so it’s time to wake up and smell the poop!
Moms aren’t the only ones who can take time off with your new Mini-Me. Dads can take up to 35 weeks of parental leave; however EI benefits have to be shared between the mother and father so they can’t both collect EI at the same time. 054 NEW CONDO GUIDE SEP 27 - OCT 11, 2014
SEP 27 - OCT 11, 2014 NEW CONDO GUIDE 055
COMING this fall to north york city centre
elevate living
designed to impress
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 North York Centre Subway Station, chic shopping, entertainment, dining and more.
Sharp and modern, inside and out, Beacon is undeniably chic. Unwind beside the inviting threesided peninsula fireplace. Bring a book and sit in the sun streaming through the two-storey windows. Do whatever moves you. After all, it’s your space. It’s your style. It’s your Beacon.
Raise the bar on luxury and style.
WA L L M A N A R C H I T E C T S | R A F E A L + B I G AU S K A S A R C H I T E C T S | T H I N C D E S I G N | U N I O N 3 1 056 NEW CONDO GUIDE SEP 27 - OCT 11, 2014
YOUR OPPORTUNITY AWAITS FROM THE MID $200’S BE FIRST. REGISTER TODAY.
beaconcondos.ca
EXCLUSIVE LISTING BROKERAGE: IN2ITIO N REALTY Renderings are an artist’s impression. Prices and specifications are subject to change without notice. E.&O.E.
MORTGAGE ADVICE
// BY ALYSSA RICHARD
WHY YOU SHOULD PAY ATTENTION TO THE BANK OF CANADA
E
Alyssa Richard is the founder and CEO of ratehub.ca, a mortgage rate comparison site that aims to empower Canadians to make smart financial decisions.
very six weeks, you may notice news headlines along the lines of “Bank of Canada holds key interest rate at one per cent.” The articles often discuss the overnight lending rate, how the economy has shaped the central bank’s decision to either change it or not change it, and how the monetary policy has been updated. It’s a lot of information packed into one article, so don’t feel bad if some of it goes over your head at first. However, if you have a mortgage – particularly a variable-rate mortgage – you may want to add a calendar reminder for each of these announcements. Why? Well, because if the overnight lending rate goes up, so could your monthly mortgage payment. To explain how this works, let’s start with some background information. The overnight lending rate is the interest rate at which banks borrow and lend money to one another, to cover the transactions they make each day. Changes to this interest rate can directly result in changes to other interest rates, such as for consumer loans and, you guessed it – mortgages! This is because each bank’s prime rate is attached to the overnight lending rate. So, as an example, if the overnight lending rate goes up by 0.50 per cent, your bank’s prime rate will also go up by 0.50 per cent. And if you have a variablerate mortgage, which is attached to prime rate, your mortgage rate and payment will follow suit.
If you have a variable-rate mortgage, which is attached to prime rate, your mortgage rate and payment will follow suit Let’s assume you bought a home for $400,000, put down 10 per cent and amortized your mortgage loan over 25 years. If your bank gave you a five-year variable-rate mortgage of prime minus 0.50 per cent (currently that would be 2.50 per cent), your monthly mortgage payment would be $1,651. If, at any time during that five-year term, the overnight lending rate went up by one per cent, your bank’s prime rate – and therefore your mortgage rate – would also go up by one per cent (so you’d be up to 3.50 per cent). At that rate, your monthly mortgage payment would be $1,841, which is an additional $190 per month or $2,280 per year you’d need to find in your budget to pay for. As of the latest BoC rate announcement, the overnight lending rate has sat at one per cent for four years straight, and economists predict it will remain unchanged until at least mid-2015, so you may not need to worry about this for a while. However, the one thing you should be aware of is that interest rates will undoubtedly go up, not down – so you may want to pay attention to what the Bank of Canada says in its announcements, and prepare your budget for what’s to come. 058 NEW CONDO GUIDE SEP 27 - OCT 11, 2014
ENQUIRE ABOUT OUR INCENTIVES. SALES CENTRE CLOSING ON WEDNESDAY, OCTOBER 1ST TO MAKE WAY FOR CONSTRUCTION TO START!
CHURCH ST
YONGE ST
CHARLES ST
SALES CENTRE + MODEL SUITE 17 DUNDONALD STREET Yonge and Wellesley Corridor Sat+Sun 12-5 pm Mon 12-6 pm
N
TOTEMCONDOS.COM
DUNDONALD ST
RENDERINGS IS AN ARTIST’S IMPRESSION. SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. E.&O.E. EXCLUSIVE LISTING: BAKER REAL ESTATE INCORPORATED, BROKERAGE. BROKERS PROTECTED.
WELLESLEY ST
416.792.1877
SEP 27 - OCT 11, 2014 NEW CONDO GUIDE 059
CONDO PROFILE
TOTEM HOLDS AN EDGE ON CONDO LIVING with a perfect storm of features
t
otem has defined its edge in cosmopolitan condo living and with sales already at 92 per cent, the project is ahead of schedule and well on its way to taking an even greater hold in Toronto’s competitive condo market. The exclusivity of this project is getting greater and greater for those wanting a piece of this one-of-a-kind residence offering a unique living experience. Pleased with the sales to date, Dino Longo and Howard Goldstein of Worsley Urban Partners attribute the project’s success to a perfect storm of design, location and creative partners. “We are excited to get moving on construction in the near future,” says Longo. “This astounding response is our mandate, that Totem has acceptance from buyers and neighbours alike.” With a 1950s heritage building forming its base, Totem will nestle into the surrounding community at 17 Dundonald at Yonge and Wellesley. Inspired by Manhattan’s award-winning New Museum, RAW Design Architects combined elegance and urbanism, movement and modern lines, to create a dynamic structure that brings a fresh presence to a quaint, downtown street lined with Victorian homes. It reaches for the
060 NEW CONDO GUIDE SEP 27 - OCT 11, 2014
sky in a series of stacked boxes – contemporary cubist architecture executed to perfection. It’s a rich, thoughtful addition to the architectural texture of the city with bold stone cladding contrasting the sleek glass and steel of the rest of the building. With this total package, Worsley Urban Partners has maintained sensitivity to the urban fabric of the community with a strong emphasis on architectural style, quality of workmanship and overall design. Describing the 18-storey project as a “boutique highrise,” Longo says Totem offers character and personality, but within a size that keeps it definitive and distinct, offering floor plans – dozens of them – with diverse layouts. “This isn’t just four walls, and it’s far from the cookie-cutter condos we see. We’ve invested a lot of character in the materials and the design, inside and out. We’re very pleased to see everyone react so favourably to the entire concept.” Totem appeals to urban dwellers with a desire to live in the heart of Toronto. A first in the Toronto marketplace, Totem provides residents with their own private subway entrance to Wellesley station, without taking a single step outside. It scored a perfect 100 in the city’s walkability test on walkscore.com, making Totem “a walker’s paradise.” And here’s why – it’s only 10 to 200 metres to restaurants, coffee shop, pubs, grocery stores, parks, schools, shopping and entertainment. Nearby are Ryerson and U of T, or stroll over to Yorkville, College Park and Yonge-Dundas Square. It’s also a “rider’s paradise” within reach of world-class public transportation – bus, rail and subway, along with car-sharing and bike-sharing services. Totem offers stellar amenities including a rooftop oasis with killer views, sculpting gym/fitness space, beautiful bar and lounge, and private dining room. Its well-equipped fitness space is larger than most condo gyms, featuring free weights, stationary bikes,
treadmills, elliptical trainers, yoga and Pilates equipment, and more. The rooftop opens onto a large outdoor terrace with sophisticated urban landscaping, more seating and heavy-duty gas barbecues ideal for summer entertaining. Concierge services with secured entry breathe privacy and security into this essay in urban living. Joining Worsley and RAW Design Architects on the project is Union31 Interior Design, known for discovering opportunity in the unexpected to create memorable, cosmopolitan spaces. Alex Chapman of Union31 has created a one-bedroom-plus-den model suite to showcase today’s urban lifestyle as defined by Totem. Suites are priced from the mid-$200’s with studio, one-, two- and three-bedroom suites with terraces from 70 to 585 sq. ft. With only a few suites remaining, the presentation centre and model suite will be closing Oct. 1. Until then, hurry and visit it at 17 Dundonald St. at Yonge Street. Hours are Monday noon to 6 p.m.; Saturday and Sunday noon to 5 p.m. For more information visit totemcondos.com or call 416.792.1877 SEP 27 - OCT 11, 2014 NEW CONDO GUIDE 061
FITNESS GALLERY
// BY MARK J. STABLES
The importance of
SLEEP
Unfortunately, there is no magic spell that will add more hours to the day, but I do have a few tips to improve the quality of sleep, so at least the hours you’re logging will do you the most good. Your sleep routine should actually start with some lifestyle changes earlier in the day: CUT OFF COFFEE, CHOCOLATE, OR CAFFEINE FROM ABOUT 3 P.M. ON.
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. Visit online at movementhaus.com, benchmarkgroup. ca or call 416.428.3536.
Now, here’s a good excuse to load up on cappuccinos and truffles earlier in the day – and limit alcohol consumption too, since alcohol will make you sleepy, but will actually prevent you from entering the deeper stages of sleep required for your body to recharge. TRY NOT TO EXERCISE WITHIN THREE HOURS OF HITTING THE HAY.
Whenever possible, schedule some downtime for 45 to 60 minutes leading up to bedtime. Some light reading is always a good bet. Perhaps this column is a good start? BAN ELECTRONIC DEVICES FROM THE BEDROOM. Smartphones, TVs, tablets
and the like should all find a home elsewhere, and keep your sleeping environment cool and comfortable with the temperature set around 68ºF.
S
leep – it’s a valuable commodity. While most of us wish we were getting more of it, all too often, things – and by “things” I mean late dinners, post-work social hours, helping kids with homework, and stressing about work and the day to come – all get in the way.
Try these techniques and I guarantee you’ll be having sweet dreams before you can even count your first sheep.
Unfortunately there is no magic spell that will add more hours to the day 062 NEW CONDO GUIDE SEP 27 - OCT 11, 2014
NOW UNDER CONSTRUCTION
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SEP 27 - OCT 11, 2014 NEW CONDO GUIDE 063
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SEP 27 - OCT 11, 2014 NEW CONDO GUIDE 065
CHINESE HOME & CONDO GUIDE 網上 參閱 - Oct 4, 2014 八月三十日至十月四日 / Aug 30
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newcondoguide.com 066 NEW CONDO GUIDE SEP 27 - OCT 11, 2014
PURE PASSION. PURE PLAZA. ONE OF TORONTO’S TOP CONDOMINIUM BUILDERS WITH OVER 3,200 SALES IN THE LAST THREE YEARS.
PLAZA COMMUNITIES: MOVE IN NOW
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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
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MAKE YOUR MOVE
The 15-point
Chuck Resnick is vice-president of marketing and operations, Two Men and a Truck Canada. twomenandatruck.ca
W
hether you are moving this busy autumn season or maybe a little further down the road, I recommend the following 15-point checklist to help you complete your move in a stress free way:
068 NEW CONDO GUIDE SEP 27 - OCT 11, 2014
// BY CHUCK RESNICK
MOVING DAY CHECKLIST {01} Double-check all closets, drawers and shelves, in addition to the attic and garage to ensure they are empty. {02} Carry important documents, money and jewelry with you. {03} Pack toys, games or special items for the kids to keep them busy during the move. {04} Remember to pack a box of basics that you may need on move-in day (tools, paper products, all-purpose household cleaners, etc.). Be sure to have it loaded last so that it will be first off the truck at your new home. {05} Don’t pack paint, bottles of bleach, gas cans or other flammables. It is against federal law for movers to transport flammable and combustible materials. {06} Use strong boxes and containers that can be secured tightly. Purchase special boxes for dishes, wardrobes and other special items. {07} Pack audio-video equipment in their original boxes. Label cables and tighten transit screws. Before removing cables, take pictures of the back of the unit so you can hook everything back up the same way. If removing screws, tape them to the objects they are removed from. {08} Avoid loading more than 50 pounds into one box. {09} Label each box and indicate the following: which room it should go in; whether it is fragile; and if it should be loaded last so it will be unloaded first. {10} Cushion contents with packing materials such as bubble wrap, newspaper or tissue. Save room by using towels and blankets to wrap fragile items. {11} Pack books tightly on end in small boxes. If they are musty smelling, sprinkle talcum powder between the pages and wrap the books before packing. Leave them stored for a couple of months to eliminate the smell. {12} Have rugs and draperies cleaned before moving and leave them in the wrappings for the move. {13} Pack medicines in a plastic re-sealable zipper storage bag or leakproof container. {14} C heck the weather forecast for your move day, so you can plan ahead for bad weather. {15} Call your moving company the day before your move to get a contact number for the crew in case you need to contact them en route. Give your mover your cell phone number and be sure to fully charge your cell phone the night before your moving day.
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
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HWY 427
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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.
SEP 27 - OCT 11, 2014 NEW CONDO GUIDE 069
CHOOSE CREATIVITY OVER CONFORMITY
070 NEW CONDO GUIDE SEP 27 - OCT 11, 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.
STA RT I N G F RO M T H E LO W $ 3 0 0 ’S | Z I G G CO N D O.C A
Get Social with us: 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.
071
CONDO PROFILE
ZIGG,
a new look for Forest Hill
i
n an area known for its stately homes and conservative aesthetic, the Zigg Condo will project 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, the Zigg will energize the neighbourhood with a burst of contemporary architecture.
072 NEW CONDO GUIDE SEP 27 - OCT 11, 2014
This 11-storey condominium with 166 suites and three twostorey townhomes will be situated on a ridge that will provide residents in the south-facing terrace suites with spectacular, unobstructed views of downtown and the lake. Looking north, there are sweeping views of the green canopied Forest Hill neighbourhood. To the west,
THE IMPRESSIVE ROOFTOP TERRACE WITH MODERN FURNISHINGS, LINEAR FIREPLACE AND INDOOR BAR AREA IS THE PERFECT PLACE TO LOUNGE OR ENTERTAIN GUESTS AGAINST THE BACKDROP OF INCREDIBLE SKYLINE VIEWS there’s the classic architecture of Timothy Eaton Church and blazing sunsets. And, to the east, take in 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 into 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 modern furnishings, linear fireplace and indoor bar area is the perfect place to lounge or entertain guests against the backdrop of incredible skyline views. A variety of
elevations create distinct areas for sun bathing, barbecuing, dining alfresco and intimate conversation. 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 the 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, 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. The Zigg will offer one-, two-, or three-bedroom suites and townhomes from the low $300,000s. Choose creativity over conformity. Choose Zigg. Coming this fall. For priority registration, visit ziggcondo.ca. SEP 27 - OCT 11, 2014 NEW CONDO GUIDE 073
PRESENTING SPONSOR:
OCTOBER 24 – OCTOBER 27 2014 METRO TORONTO CONVENTION CENTRE OPENING NIGHT PREVIEW OCTOBER 23
ARTTORONTO.CA Preview the fair online exclusively at Artsy.net OFFICIAL ART INSURER:
Art Toronto MOCCA Benefit Edition | Valérie Blass, Ne regarde pas II (detail), 2014. Courtesy of the artist & Parisian Laundry, Montréal. © Valérie Blass.
074 NEW CONDO GUIDE SEP 27 - OCT 11, 2014
SEP 27 - OCT 11, 2014 NEW CONDO GUIDE 075
TAXING ISSUES
// BY HENRY CHOO CHONG
DETERMINING YOUR TAX DEDUCTIONS 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.
Q
My wife and I recently welcomed her elderly parents into our home. They lived in north Simcoe and we are in Richmond Hill. They loved their home; unfortunately they can no longer maintain it on their own. We can financially and physically help them in their senior years. Can we deduct the money we give them for living expenses? Where and how on our tax return? Ron and Beth, Richmond Hill 076 NEW CONDO GUIDE SEP 27 - OCT 11, 2014
The Baby Boomer generation may have to put condo living on hold for several years. Many Boomers have the financial responsibility of not just university kids but aging parents too. Our generation (myself included) is blessed with having the people closest to us at home – children and parents. Unfortunately, neither Ottawa nor Ontario provide a deduction for your financial assistance. However, they do provide a “caregiver” tax credit. You may qualify to claim a $4,223 federal tax credit and a similar provincial amount. This will reduce your federal and provincial income taxes by $633 and $210 respectively. You should note, parents must be at least 65 years old and mentally or physically dependant on their adult children.
Q
My kids attend pre-school and elementary private institutions. The cost is astronomical but my wife and I believe it is best for our kids. How much of the tuition may I deduct and how? Wong, Markham
A
Generally, private school tuition is not tax deductible. An attempt was made several years past to deduct private school tuition; however it was politically unpopular and was reversed the following year. Fees to education institutions may be deductible as childcare and claimed by the lower income spouse. A receipt must be provided by the school for the portion of the fees that are considered “childcare.” Additionally, depending if there is some religious affiliation, part of the fees may be allocated as a charitable donation. Again, the institution must provide receipts and qualify for charitable status.
Q
I recently sold a real estate investment property. How much income tax will I pay? I calculated I earned approximately $80,000. Karim, Mississauga
A
Generally, real estate that is sold for more than its cost may result in a capital gain for the individual. Fifty per cent of the gain must be included in your income tax return in the year of sale. Using your figures and assuming you have other income, such as from employment, we can use a 40-per-cent tax rate. Therefore, the $80,000 capital gain is reported. Forty thousand (50 per cent of the gain) must be included in income. This is taxed at 40 per cent. Your tax obligation on the gain is $16,000 ($40,000 x 40 per cent) to Canada Revenue Agency. Consult your accountant/tax adviser before committing to pay any income taxes.
Construction starts this Fall.
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WINNER OF THE 2014 BILD BEST MODEL SUITE BY CECCONI SIMONE PRESENTATION CENTRE 2124 BLOOR ST WEST SAT+SUN 12PM-3PM THEHIGHPARK.COM FOR INFO: 416.670.3699
N ORT H D R IVE
QUADRANGLE ARCHITECTS . CECCONI SIMONE . JANET ROSENBERG+STUDIO RENDERINGS ARE AN ARTIST’S IMPRESSION. SIZES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. E.&O.E. BROKERS PROTECTED.
SEP 27 - OCT 11, 2014 NEW CONDO GUIDE 077
CONDO PROFILE
NORTH DRIVE PRESENTS THE AWARD-WINNING
THE HIGH PARK
t
he design and style of High Park living are within view and within reach at the award-winning model suite, where the deft skill of Cecconi Simone brings the outdoors into this cleverly designed urban oasis in the city. The High Park is Toronto’s only boutique condominium that includes the 400 acres of High Park as its backyard. Inspired by these surroundings, the interior design firm of Cecconi Simone used texture in partnership with rich natural hues in the 579-sq.-ft. model suite to showcase innovative uses of flexible space and features. In a marketplace where model suites are few and far between, The High Park has raised the bar and was crowned by the Building Industry and Land Development Association (BILD) with Best Model Suite earlier this year. Within this suite’s first 15 ft. of multi-purpose space, this exercise of ingenuity showcases an entrance way, home office/lounge, kitchen, dining room and storage. Beyond is the living room and bedroom against a backdrop of windows, with a moveable wall that creates an expanded bedroom while offering an art wall behind the dining area. The spa-inspired bathroom is strategically placed with ensuite access to the bedroom and visitor access from 078 NEW CONDO GUIDE SEP 27 - OCT 11, 2014
the dining area. Add natural elements of metal, glass, wood, fabric and light, and you’ve got award-winning style that all residents can adopt for themselves. The High Park is the design creation of Quadrangle Architects, who were committed to a look that would interact with the park and neighbourhood. This boutique residence features intriguing interpretations of glass, brick and stone, while introducing warm wood textured elements that take the design far beyond the glass box. A similar philosophy was used within the model suite to provide a seamless bond between the interior and exterior.
THEIR NEXT PROJECT, 4 THE KINGSWAY, AN EIGHT-STOREY SOPHISTICATED RESIDENCE AT BLOOR AND THE KINGSWAY, WILL DEBUT IN THE SPRING – VISIT 4THEKINGSWAY.COM TO LEARN MORE. ARCHITECTURE IS BY RICHARD WENGLE AND INTERIORS ARE BY BRIAN GLUCKSTEIN. Shared spaces are equally spectacular with a welcoming workout studio finished with warm reclaimed woods and industrial steel fixtures. Rustic elements, warm woods and dark metals enhance the stylish dining and party space. The lounge is an ideal spot where you can sit by the fire or watch the big screen, or just catch up with friends on a Friday night. Outside, Janet Rosenberg + Associates, specializing in urban design, added fashionable form at street level. Trendsetting in style and contemporary in design, The High Park offers a location equally trendy and high profile – centered on Bloor between Bloor West Village and Roncesvalles. Surrounded by lifestyle and lushness, The High Park is for those who value contemporary design within the heart of a lively neighbourhood at 1990 Bloor St. W. Only Bloor Street separates you from forests and hiking trails, grassy expanses and quiet brooks within the city’s largest green space. Walk, run or ride through the greenery within this close-to-home getaway. Developer Jordan Morassutti, of North Drive Investments, recognizes that there is pent-up demand for a boutique condominium project in a desirable location. “Buyers are attracted to the scale of the project – only 11 floors and 103 units.” He adds that the majority of buyers will be residents. “They’re choosing suites and finishes for themselves, for their lifestyles, not for tenants.”
The High Park is the debut project of North Drive Investments, a company with deep roots within the Canadian real estate industry. From modest beginnings as bricklayers, the partnership of the Fidani and Morassutti families has built, owned and managed over 75 million sq. ft. of office, industrial, retail and multi-residential properties. Their next project, 4 The Kingsway, an eight-storey sophisticated residence at Bloor and The Kingsway, will debut in the spring – visit 4TheKingsway.com to learn more. Architecture is by Richard Wengle and interiors are by Brian Gluckstein. Currently, North Drive is partnering with Minto to bring Minto Yorkville Park, a boutique residence of 200 suites at Cumberland and Bellair in the heart of Yorkville, releasing this fall. With sales at 80 per cent, The High Park still has a few suites available along with one remaining penthouse featuring two spacious terraces overlooking the green roof, also by Janet Rosenberg. Construction is slated to begin later this fall. Suites range from 429 to 1,900 sq. ft., priced from $300,000 to $1.5 million. The sales office is located at 2124 Bloor St. W. in Toronto, and is open on weekends from noon to 3 p.m., or by appointment. For more information call 416.670.3699 or visit thehighpark.com. SEP 27 - OCT 11, 2014 NEW CONDO GUIDE 079
QUICK TIPS
“Fall” into your
// BY HELLEN BUTTIGIEG
ORGANIZING GROOVE
W
ith the lazy days of summer behind us and the kids back at school, fall is the perfect time to de-clutter and get your home organized before the snow hits the ground.
Hellen Buttigieg is a certified professional organizer, life coach, TV host and owner of We Organize U. Visit her website, WeOrganizeU.com, for a free e-book on how to find more time, energy and inner peace. Contact Hellen at 905.829.2219 or info@WeOrganizeU.com
An organized freezer allows you to find and use what you have, preventing waste and saving you money. Freeze sauces, meats and berries in zipper freezer bags and use permanent marker to write the contents and date directly on the bags. 080 NEW CONDO GUIDE SEP 27 - OCT 11, 2014
What’s in your freezer? An organized freezer allows you to find and use what you have, preventing waste and saving you money. Freeze sauces, meats and berries in zipper freezer bags and use permanent marker to write the contents and date directly on the bags. Use sturdy, flat-bottomed freezer baskets to store the floppy freezer bags. Organize by category (frozen vegetables in one basket, sauces in another). Place new foods at the back of the freezer and use the oldest food first. Store your seasonal clothing safely. Before storing them, ensure that clothes have been cleaned. Even if items appear clean after wearing, body oils can cause stains that set over a few months and may attract moths. Never store clothing in plastic bags for extended periods (even those that come from the dry-cleaners). They trap moisture and encourage mildew. Use cotton garment bags instead. Avoid storing clothes in cardboard boxes as acids in the cardboard can cause fabrics to yellow and the glue between the layers can attract insects. Use lidded plastic storage containers instead. Tuck some cedar blocks or shavings inside, which are less toxic than moth balls. Always store the clothes in a cool, dry, dark and well-ventilated area. How do you file your paperwork? Some experts suggest placing new paper behind previous ones (filing to the back) because it’s faster and easier to drop papers in the file that way. On the other hand, when you are looking for papers inside your files, you are more likely to need the most current ones, so you could access them faster if you filed them at the front. This just goes to show that organizing is not one size fits all; you need to find the systems that work best for you. Whether you decide to file “to the back” or “to the front,” the important thing is to choose one of the two methods and use it consistently. Keeping track of it all. If you are trying to resolve on-going issues, (like if you have a dispute about your home repairs or an item you ordered online arrived damaged), attach a sticky note to the paperwork to remind you of the current status. Be sure to keep track of all phone correspondence with the company, including the date and person you spoke to and what they told you.
NEW AND DAZZLING . The evolution of Emerald City, one of North York’s most successful master planned communities. Great design, sparkling amenities and a convenient location, close to Fairview Mall and the Sheppard subway.
FROM THE MID $200’s COMING SOON. Register today. coloursofemeraldcity.com
coloursofemeraldcity.com 416.492.0001 /emeraldcitylife
Presentation Centre Hours: Mon-Thurs 11-6pm Sat & Sun 12-5pm Closed Fridays
Exclusive Listing: Baker Real Estate Incorporated Brokerage. Brokers Protected. Prices and specifications are subject to change without notice. E. & O. E.
DESIGNER ADVICE
HOME SWEET HOME OFFICE // BY YANIC SIMARD
ENTREPRENEURS, FREELANCERS AND MORE big
corporation employees are skipping the commute and working from home. Even if you can’t do everything at home, chances are you take work home with you from time to time to catch up or get ahead. Being as productive as possible at home means having a dedicated workspace – no matter the size of your place.
LOCATION, LOCATION, LOCATION
If you don’t have a separate room devoted to an office, then your first step will be deciding where it should be located. You may want to draw out your floor plan on paper and try it in different locations until it feels right. Consider nook/alcove areas, corners, and areas in front of windows. THE WORK SURFACE
Having some sort of furniture piece to act as a ‘desk’ is the key component to a home office (and no, it can’t be the coffee table in front of the television). It has to be a single item with a surface, whether large or small, that has only one purpose: to serve as a workstation so that your mind knows to focus on work when you’re sitting at it. 082 NEW CONDO GUIDE SEP 27 - OCT 11, 2014
Your work surface doesn’t have to be the ‘typical desk’ – you can have fun with this piece and use something non-traditional, depending on your creativity and the amount of space you have. For example, a console, bar cart or floating shelf could all work well for this application.
KEEPING ORGANIZED
Maintaining a clutter-free area while working is very important because clutter equals distraction. Utilitarian boxes, glass vases, pegboards and vertical shelving can all be good storage solutions for items like your pens and paper.
UTILITARIAN BOXES, GLASS VASES, PEGBOARDS AND VERTICAL SHELVING CAN ALL BE GOOD STORAGE SOLUTIONS SEP 27 - OCT 11, 2014 NEW CONDO GUIDE 083
LET THERE BE LIGHT
Cut down on eyestrain and headaches by making sure there is ample lighting in your work area. Position your computer monitor so there’s no glare from a window or overhead light, and invest in a good task lamp for your desk. My favourite desk lamps are: No.118 Boi Desk Lamp by David Weeks from Avenue Road; Tico Table Lamp from Elte; and Fork Table Lamp from Light Form.
Tico Table Lamp from Elte
TAKE A SEAT
Choosing the right chair has a lot to do with how often you will be sitting in it. If you plan on spending eight hours a day at your desk, investing a little more in something well composed ergonomically would be a wise decision. If you’ll only be seated for an hour or two, something more along the lines of a side chair will fit the bill just fine.
No.118 Boi Desk Lamp by David Weeks from Avenue Road
Fork Table Lamp from Light Form
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 084 NEW CONDO GUIDE SEP 27 - OCT 11, 2014
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.
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DIY
// STORY & PHOTOS BY MARIAN PARSONS
PAINTING RAW WOOD WITH MILK PAINT
M
ilk Paint has been the long-time favorite paint for raw wood surfaces. It soaks into the wood like a stain, instead of sitting on top of the surface like modern paints. This means that the finish is smooth, durable and will last for decades, even centuries. Really! If you find a piece of 100+ year old furniture with the original paint, it’s almost certainly milk paint. So, forget the primer on your next wood project and grab a bag of milk paint!
TO DIY, YOU’LL NEED: Marian Parsons AKA “Miss Mustard Seed” loves to paint and refinish old furniture, which led to her own line of paint – Miss Mustard Seed’s Milk Paint, carried by over 230 retailers in five different countries. Marian is also the author of Miss Mustard Seed, the self-titled DIY and home decor blog, a freelance writer, stylist and photographer, an antiques dealer, and the author of the book Inspired You (published by Thomas Nelson, November 2012.)
• Miss Mustard Seed’s Milk Paint in desired colour • Water • Paintbrush
• • • •
Hemp oil Clean, lint-free cloth Fine steel wool Raw wood piece to paint
BEFORE AFTER
CONTINUED ON PAGE 88…
086 NEW CONDO GUIDE SEP 27 - OCT 11, 2014
Decidedly different. Condominiums at Sherbourne & Bloor.
The Selby Condos .com
STAY CONNECTED. REGISTER TODAY.
DIY
CONTINUED‌
The finish is smooth, durable and will last for decades, even centuries
INSTRUCTIONS: 1. Mix milk paint and water to desired consistency. A one-to-one ratio works well for most colours and projects. To make a stain, increase the amount of water. For an opaque finish, use less water. 2. Apply milk paint to entire surface with a brush. Allow it to soak in and dry. Apply a second coat if desired. The milk paint finish will look flat at this point, until a finish is applied. 3. Once milk paint is dry to the touch, apply a generous amount of hemp oil on a section of the piece. Do this with a cloth or by pouring the hemp oil directly on the surface. Sand in the direction of the grain of the wood with fine steel wool. This works the hemp oil into the grain and also smooths the finish. Wipe excess oil away with a lint free cloth. Work on next section of the piece until entire piece has been oiled and sanded. For additional shine and durability, apply two to three additional coats. 4. Allow hemp oil to cure for 30 days before heavy use. The finish may feel oily during this cure time and will rub off on fabric and paper.
088 NEW CONDO GUIDE SEP 27 - OCT 11, 2014
SEP 27 - OCT 11, 2014 NEW CONDO GUIDE 089
090 NEW CONDO GUIDE SEP 27 - OCT 11, 2014
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.
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#KIPDISTRICT Map is not to scale. Prices, availability, design and specifications subject to change without notice. E.&O.E.
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092 NEW CONDO GUIDE SEP 27 - OCT 11, 2014
CONDO PROFILE
TORONTO’S LUXURY WATERFRONT COMMUNITY Eau Du Soleil releases new Waterview Suites and new designs
e
mpire Communities’ Eau Du Soleil, Toronto’s ultimate luxury waterfront living destination, is releasing new Waterview Suites featuring The Terrace Collection along with new designs in its two towers. Starting at the mid-$300’s, The Terrace Collection suites range from 480 sq. ft. for one-bedroom designs,
094 NEW CONDO GUIDE SEP 27 - OCT 11, 2014
to 1,243 sq. ft. for three-bedroom-plus-den. Terraces are located throughout floors three to 15. Empire Communities has designed the perfect spot to live and dream with Eau Du Soleil Condominiums, one of Canada’s most iconic communities at Humber Bay along the shores of Lake Ontario. The towers of Eau Du Soleil will take their place in this established Etobicoke community known for its scenic lake-front parks and ample recreation facilities. Designed by the world-renowned Zeidler Partnership and E.I. Richmond Architects, the two towers, connected by a dramatic podium, will offer awe-inspiring views and spectacular amenities.
DESIGNED BY THE WORLD-RENOWNED ZEIDLER PARTNERSHIP AND E.I. RICHMOND ARCHITECTS, THE TWO TOWERS, CONNECTED BY A DRAMATIC PODIUM, WILL OFFER AWE-INSPIRING VIEWS AND SPECTACULAR AMENITIES Eau Du Soleil’s amenities includes a health and wellness facility that boasts an indoor salt-water pool and whirlpool, professionally equipped exercise room with weight training and cardio areas, a Cross Fit training zone, yoga and Pilates studio, a spin room with bikes, treatment rooms, a mixed martial arts room, kids’ play area and an outdoor multi-purpose sports court. Residents and their guests will enjoy Eau Du Soleil’s entertainment facilities which include private dining rooms with kitchen facilities, a party room with wet bar and lounge, a games room and theatre rooms. For those warm summer days and nights, there is a beautifully landscaped outdoor terrace with a bar, lounge seating, barbecue and fire pit. For those looking to enter the real estate market for the first time, the compact one-bedroom suite presents a good investment choice. Stylish modern interiors and fabulous suite
designs with plank laminate engineered flooring, glass tile backsplash, stainless steel appliances and granite countertops add impressive finishing touches. The perks of waterfront condo living at Eau Du Soleil mean residents are just minutes away from Toronto favourites such as Bloor West Village, Roncesvalles Village and so many more great places to appreciate the best of city living. About Empire Communities
Vaughan-based Empire Communities (empirecommunities.com) is a residential builder and developer involved in all sectors of the new home building industry, including both lowrise and highrise, and ranging from luxury to affordable housing. Empire Communities has an established tradition of creating prestigious, award-winning new homes, communities and amenities throughout the GTA and Southern Ontario, and has earned a reputation for outstanding attention to detail and customer service. Eau Du Soleil is launching a new presentation gallery this fall. The current presentation gallery is located at 2183 Lake Shore Blvd. W. Hours are Monday to Friday from noon to 6 p.m.; and Saturday, Sunday and holidays from noon to 5 p.m. Call 416.503.3328 or visit EauDuSoleilCondos.com. SEP 27 - OCT 11, 2014 NEW CONDO GUIDE 095
CONDO WATCH
416
Builders: If you would like to include your preview registration, new release or site opening in this feature, just email the details to Lydia.McNutt@wall2wallmedia.com
Beacon Condominium by Sorbara Development Group
Releasing this fall at North York City Centre. Act now! Register to stay informed. Web: BeaconCondos.ca
Fully furnished model suite now open to view at this boutique residence of just 45 suites. Web: 90Niagara.com
The Kip District by Concert Properties
The Harlowe by Lamb Development Corp.
Coming this fall to Kipling and Dundas – urban style on the west side. Register now. Web: TheKipDistrict.com
Now open, artistic lofts at Queen and Bathurst. Visit the sales office and model suite today. Web: TheHarlowe.com
The PJ by Pinnacle International
The HUB by Empire Communities
Handsome architecture and a vibrant location where Pearl meets John. Register today. Web: PJCondos.ca
New release of townhomes in Eglinton West. Ask about the Investment Ownership Program. Web: EmpireTheHub.com
The Barrington Condominium Flats by Lash Group of Companies
Totem Condominium by Worsley Urban Partners
Condominiums overlooking Forest Hill coming soon to St. Clair and Bathurst. Register now. Web: BarringtonCondos.com
previews & registrations Zigg St. Clair West by Madison Homes/Fieldgate Homes
Register now for this intimate new building boasting a unique terraced design, at 223 St. Clair West. Web: ZiggCondo.ca
Islington Terrace by Tridel
Make a move 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 for news and updates. Web: 11Wellesley.com
The Eglinton by Menkes
Menkes’ newest condo 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.
Register for updates on this new 55-storey glass and steel tower launching soon on University Avenue. Web: 488University.com
096 NEW CONDO GUIDE SEP 27 - OCT 11, 2014
90 Niagara by Fieldgate Homes
Diva Condo by Torbel
Opening this fall! Register now to stay informed on North York’s newest boutique condo. Web: DivaCondo.com
new releases & grand openings 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. Visit the Global Style Model Suite. Web: Tridel.com
Canary Park Condominiums by Dundee Kilmer Developments
Grand opening continues at award-winning Canary District. Visit the new on-site presentation centre. Web: CanaryDistrict.com
Presentation centre and model suite now open! A perfect 100 on walkscore.com, stellar amenities, iconic architecture. Web: TotemCondos.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
Watermark by Queenscorp Residences
Model suites now open in the popular Long Branch community. Check them out today. Web: Queenscorp.com
gta edition
GTA Edition September 27 - October 11, 2014
Jan 6 - feb 3, 2012 Volume 20 issue 01
Your complete source for condos, lofts and townhomes in Toronto
IN THIS SECTION Maps and listings for new condo communities in the 416 region Builder news and the latest in condos in the 416
inside this issue
making sense of mortgage terms
a beginner’s guide to arranging a mortgage
Welcome the neW year With a neW attitude
DINING ROOM
ELEVATE YOUR LIFESTYLE AT CHAZ YORKVILLE TORONTO’S BEST OFFERS A FIRST-CLASS EXPERIENCE IN A WORLD-CLASS NEIGHBOURHOOD TORONTO’S YORKVILLE NEIGHBOURHOOD IS LEGENDARY. ONCE UPON A TIME AS THE BOHEMIAN HEART OF THE ARTS SCENE, WHEN JONI MITCHELL, NEIL YOUNG AND GORDON LIGHTFOOT COULD BE FOUND HONING THEIR MUSICAL CHOPS, AND NOW FOR THE GLITTERATI THAT ATTEND THE TORONTO INTERNATIONAL FILM FESTIVAL EACH YEAR. ONCE UPON A TIME, IT WAS KNOWN AS A CHARMING VILLAGE AWAY FROM THE HUSTLE OF DOWNTOWN, AND NOW IT’S KNOWN FOR ITS SOPHISTICATION AND AMAZING WORLDCLASS SHOPPING ALONG ‘THE MINK MILE’.
CHAZ CLUB
When you come home to Chaz Yorkville, you come home to more than just a great neighbourhood with the best transit links in the city and easy highway access; you come home to thousands of lifestyle-enhancing square feet of fitness and entertaining amenities. You come home to whip-quick Internet connectivity. You come home to a Cecconi Simone-appointed, hotel-inspired lobby that will make you feel like a million. You come home to a private residents’ club that’s like a jewel in the sky. You come home to 47 floors of fabulous. No matter who’s sharing your life, there’s something great for them too. Partial to canine company? Use the lobby’s pet spa to gently sluice away the mud before you make your way to your suite. Madly in love? You and your significant other can spend each evening enjoying a cocktail and marvelling at the twinkling city lights from 36 and 37 storeys up at the Chaz Club, a two-storey, indoor/ outdoor residents club that suits an intimate tête-à-tête as well as it does an elaborate dinner party for 20 (complete with chef’s kitchen). Expecting company? Pamper your guests with a five-star experience in one of the designerappointed guest suites — without the five-star price, of course.
Invite your friends from the office for a Sunday game of armchair quarterback in the sports lounge, where casual seating and an on-site spot to prepare snacks go with the state-of-the-art audio and video systems, including 4K technology, to create playoff excitement for every game. Get the family together for a movie in the theatre room, with the same great technology. Play the latest games in the Gamers’ Arena, with purpose-built seating with builtin audio and video. Whatever you’re in the mood for, Chaz Yorkville has the perfect spot, even if it’s a little solo reflection in the lobby library or some “me” time in the unique, innovative hydro massage bed. With so much to do Chaz Yorkville is a community in a very real sense, including online. Residents connect through the cloud with Bazinga!, a community-building platform accessible from wherever you are, which lets you keep track of appliance warranties, condo meeting minutes, scheduled maintenance and more. You can even use it to find a work-out partner. If there’s somewhere farther afield you need to be, take advantage of the on-site Zipcar parking and be on the Don Valley in minutes.
CHAZ YORKVILLE WILL BE TOPPING OFF SOON, A TESTAMENT TO ITS OVERWHELMING SUCCESS, BUT THERE IS STILL A SUITE CHOICE TO SUIT YOU! WITH PRICES STARTING IN THE $300S, LIMITED-TIME INCENTIVES (INCLUDING THE OPPORTUNITY TO BUY WITH JUST 5% DOWN) AND THE FINEST ADDRESS IN THE CITY, CHAZ YORKVILLE BY DEVELOPER 45 CHARLES LTD AND PROJECT MANAGER EDENSHAW HOMES OFFERS EXCEPTIONAL VALUE ALONG WITH ITS IMPECCABLE STYLE. VISIT THE SALES CENTRE AT 101 YORKVILLE AVE., SATURDAY TO THURSDAY FROM NOON TO 6 P.M. (CLOSED FRIDAYS). CALL 416-922-0045 OR VISIT CHAZYORKVILLE.COM.
SUITE
e 01
CHAZ CHAZ YORKVILLE. YORKVILLE. ELEVATE ELEVATE YOUR YOUR LIFESTYLE. LIFESTYLE.
Chaz Yorkville Condominiums located in Yorkville just steps Chaz Yorkville Condominiums located in Yorkville to world-class shopping, dining, culture just and steps subway. Chaz to world-class shopping, dining, culture and spectacular subway. Chaz Yorkville gives you access to the Chaz Club Yorkville entertainment gives you access to inthe Chaz lounge thespectacular sky located on the Club 36th and 37th entertainment in the skyviews. located on the 36th and 37th outdoor floorslounge with panoramic Upscale amenities include floors withcourtyard panoramicwith views. Upscale amenities wet bar and private include dining outdoor room, hotel-style courtyardlobby with wet and private dining room, hotel-style withbar fireplace and state-of-the-art gaming room. The lobby with fireplace andyoga state-of-the-art gaming room.This Theis Yorkville best in fitness, and leisure for well-being. best in fitness, leisure for well-being. is Yorkvilleyou home. living yoga at its and finest. Touches of glamour This that welcome living at its finest. Touches of glamour that welcome you home.
TAKE ADVANTAGE OF OUR LIMITED TIME INCENTIVES TAKE ADVANTAGE OF OUR LIMITED TIME INCENTIVES
OWN FROM THE $300’S I 5% DEPOSIT* * ** OWN FROM $300’S I 5% DEPOSIT UP TOTHE $35,000 CASHBACK *** UP TO $35,000 CASHBACK I MOVE IN SPRING 2015 2 YEAR LEASEBACK 2 YEAR LEASEBACK* I MOVE IN SPRING 2015
Bloor St.
Sales Centre
Bloor St.
Church St.
Yorkville Sales Centre Ave.
Dupont St. Church St.
Avenue Rd.
Avenue Rd.
Yorkville Ave. Dupont St.
45 Charles St. E.
Yonge St.
Bay St.
U of T
Bay St. Yonge St.
45 Charles St. E.
U of T
Isabella St.
Isabella St. Wellesley St.
Wellesley St.
VISIT THE SALES CENTRE TODAY! VISIT THE SALES CENTRE TODAY! | 416.922.0045 CHAZYORKVILLE.COM CHAZYORKVILLE.COM | 416.922.0045
SALES CENTRE LOCATED AT 101 YORKVILLE AVE. SITE LOCATED AT 45 CHARLES ST. EAST MON. – THURS. SAT. – SUN.: – 6PM, FRIAT&45STATUTORY CLOSED SALES CENTRE LOCATED AT 101&YORKVILLE AVE.12PM SITE LOCATED CHARLES ST.HOLIDAYS: EAST MON. – THURS. & SAT. – SUN.: 12PM 6PM, INC. FRI BROKERS & STATUTORY HOLIDAYS: EXCLUSIVE BROKER BAKER REAL–ESTATE PROTECTED. *SPEAK TOCLOSED A SALES REPRESENTATIVE FOR MORE DETAILS. **APPLIES TO SARTI AND LAMARO 1 BEDROOM + DEN SUITES ONLY. PRICES AND EXCLUSIVE BROKER BAKER REAL ARE ESTATE INC. BROKERS PROTECTED. A SALES REPRESENTATIVE SPECIFICATIONS SUBJECT TO CHANGE WITHOUT *SPEAK NOTICE.TO ILLUSTRATIONS ARE ARTIST CONCEPT. E&O.E. 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.
ear
CONDO PROFILE
Feel the rhythm of the city –
AND ALL THAT CHAZ! New Yorkville address reaches for the sky
a
utumn is a great time for city living. There’s a certain swing to the steps of Toronto residents as they hustle along the sidewalk, search out the perfect cappuccino or browse a great bookstore. With cooler temperatures come fantastic fashions, as we trade sandals for soft suede, slip into a chic jacket and slide on our crispest jeans. Fall means renewed vigor after the long lazy days of summer. Our minds open to a world of new possibilities for work, education, recreation – and residency. What a great time to think about Chaz.Yorkville by Developer 45 Charles Ltd. and project manager Edenshaw Homes. Yorkville is especially vibrant this time of year, with the recent
097 NEW CONDO GUIDE SEP 27 - OCT 11, 2014
Toronto International Film Festival drawing the world’s biggest movie stars from across the globe, to settle in Yorkville over cocktails at Sassafraz or coffee at Lettieri. Jewels glitter in the windows at Tiffany & Co. on Bloor Street, the scent of leather drifts out of Louis Vuitton and Gucci as the doors swish open for discerning buyers, and the latest suit in the window at Chanel stops you in your tracks. It’s the rhythm of city life – and it could be yours. Chaz.Yorkville is 47 storeys of impeccable style and surprising value on Charles Street, a tree-line side street just a couple minutes’ walk from the Yonge and Bloor subway. From there, the entire city is at your disposal, for whatever adventures beckon. Already under construction, the dazzling presence of Chaz.Yorkville becomes more real each day, and as it grows, the details of its Page + Steele architecture reveal themselves beautifully: a unique octagonal shape, sophisticated limestone cladding on the distinctive podium, and the two-storey inimitable presence of the Chaz Club on the 36th and 37th floor is shining out over the city.
At the Chaz Club, residents have the finest entertaining and social space imaginable right here at home. Clever banquette seating along the sky-high windows blurs the line between indoors and out. Impeccably designed by Cecconi Simone, as are all the myriad spots for R & R at Chaz, this private residents’ club offers ample space to entertain friends and family including a private dining room, or just chill out with a cocktail at the end of a long day. Your guests can finish off their visit with a stay in one of the beautifully appointed guest suites. At Chaz.Yorkville, your living space extends far beyond your suite. Even the lobbies are meticulously designed to add to your quality of life. A living room-style lounge welcomes you to the West Lobby, where bookshelves and a cosy fireplace invite you to stop and rest a while. A living room, wet bar, dining room and billiards room in the East Lobby provide flexible entertaining spots that will make yours the hottest party ticket in town. If it’s just a moment’s respite from an action-packed life you’re after, the Zen-inspired outdoor terrace is the place to be. To make merry with your media-loving friends, book the 3D movie theatre, sports lounge or gaming arena – three distinct rooms with state-of-the-art audio and video including 4K technology, each purpose-designed to help you get the most out of your leisure hours. Forget about your gym membership. Save yourself the money and the hassle, with an on-site fitness facility that has everything you need – and a couple
of things you didn’t even know you needed but soon won’t be able to live without! Try the unique hydromassage bed, which uses the healing forces of water to soothe tired muscles without having to get wet. Relax with a steam or stretch out in the yoga area. To further enhance your enjoyment of your new home, take advantage of the on-site pet spa, where you can rinse off Fido’s feet before they hit your suite. You can wash your car too, or forgo car ownership all together in light of the fantastic transit links, and take advantage of on-site Zipcar parking when you’re lured farther afield. You’ll also find staying connected is a pleasure thanks to direct fibre optic wiring from Rogers head office, which is just down the street, and Bazinga – a community-building platform that lets residents stay in the loop with an easy, paperless way to keep track of everything from appliance warranties to condo board minutes, from booking a guest suite to looking for a dog-walking buddy. With prices starting in the $300’s and a hot location at the crossroads of the city, Chaz.Yorkville is already a great value, but with limited-time incentives and the opportunity to buy with five per cent down, it’s hard to beat. Come have a wander around the neighbourhood and see for yourself just how much fantastic urban living 47 storeys can hold. Visit the sales centre at 101 Yorkville Ave., open Saturday to Thursday from noon to 6 p.m.; closed Fridays. Call 416.922.0045 or visit online at ChazYorkville.com. SEP 27 - OCT 11, 2014 NEW CONDO GUIDE 098
• 1 & 2 BEDROOM CONDOS AT ISLINGTON & QUEENSWAY
COMING SOON
AN INCREDIBLY SMART INVESTMENT!
$169,900 FROM
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• 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.
SEP 27 - OCT 11, 2014 NEW CONDO GUIDE 099
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*
**
• N O O C C U PA N C Y F E E S / M O R T G AG E • NO MAINTENANCE FEES • N O TA X E S
• Walking distance to Downsview other amenities
subway station and
• 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
306
$
1 BEDROOM DESIGNS S TA R T I N G F R O M
224
,900 $
416-636-0555 or
,900
divacondo.com
* 5% Deposit for qualified purchasers only. Certain terms and restrictions apply. **See sales representative for details. Rendering is Artist’s Concept. E. & O. E.
100 NEW CONDO GUIDE SEP 27 - OCT 11, 2014
Grand Opening Saturday, October 4th
12 pm SHARP!
NORTH YORK Sales Office: 1038 Sheppard Ave. W. North York (Right next to Downsview Subway Station) Sales Centre Hours: Mon. - Thur. 1 - 7pm, Sat. & Sun. 12pm - 5pm
Brokers protected.
SEP 27 - OCT 11, 2014 NEW CONDO GUIDE 101
TARION REPORT
// BY HOWARD BOGACH
DON’T MISS OUT ON WARRANTY COVERAGE
Make sure your new home isn’t built illegally
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 us on Facebook at facebook.com/ TarionWarrantyCorp.
B
uying a home is one of the biggest investments most people will make, so be sure to research the builder first before you sign on the dotted line. Did you know that every licensed builder in Ontario is searchable in the Ontario Builder Directory, available at tarion.com? This comprehensive directory provides a 10-year history for all registered builders, as well as those who are no longer registered to build homes. If your builder is not listed in this directory, it may be because they did not pass the technical test based on the Ontario Building Code regulations, or provide the financial securities mandated to build homes in Ontario – and they are building illegally. Illegal building is occurring in this province and it has led to substandard homes and potential liability issues for homebuyers. There are two types of illegal 102 NEW CONDO GUIDE SEP 27 - OCT 11, 2014
building, according to the Ontario Home Warranties Plan Act. The first is when a builder that is not licensed by Tarion builds or sells a new home. The second is when a builder sells a new home without having enrolled it with Tarion. Even licensed builders can be charged with this type of illegal building if they don’t enroll a home in Tarion’s warranty program. When examining illegally built houses, investigators often find that many components haven’t been built to meet the requirement of the Ontario Building Code. This can mean that buyers are left living in substandard conditions, without assistance from the builder or knowledge of the warranty protection they are entitled to. As a result, it is possible to miss out on warranty coverage because claims are filed late. So, how can you protect yourself from purchasing an illegally built home? Before entering into any type of purchase agreement, research your builder on the Ontario Builder Directory. The next step is to ask around. You may want to walk around neighbourhoods where the builder has built and inquire about these homeowners’ experiences. Speaking to other buyers will give you a good indication of whether the builder stands behind its construction and is attentive to customers over the long term. You can also ask for references in online communities and social media platforms. There are a number of active home-related sites where experiences are shared about everything from decor selections to construction delays and the after-sales customer service. Don’t be swayed by builders who claim that they have a special exemption or that you don’t need a warranty backed by Tarion because they are offering their own. Being licensed and providing a Tarion warranty isn’t optional – it’s the law.
A BOLD STATEMENT WITH AN INTELLIGENT STORY.
Come see our brand new Presentation Centre and Display Suite.
SATURDAY, SEPTEMBER 27TH NOON SHARP.
DESIGNFORWARD
*Prices and availability subject to change or be withdrawn without notice and do not include taxes. E&O.E.
ARAGON.CA
ENIGMA ON THE PARK Enigma is more than an iconic building but the combination of purposeful design, urban planning, and sustainable building practices. The 86 loft style condos and townhomes are located right in the heart of the emerging Bloordale neighbourhood that places you right on the park. Don’t miss an opportunity to be a part of the best in urban design – homes start in the mid $300s. Register today at aragon.ca/enigmalofts. Call or visit: 138 St. Helen’s Ave, 416.516.1551.
? > I J
#ARAGONFORWARD
Aragon Properties Ltd.
IN THE NEWS
TIMES GROUP RELEASING EIGHT NEW FLOORS at Key West Condo in Etobicoke Times Group Corp. is preparing to add eight additional floors at Key West Condo, based on the incredible success of the new condo project’s first release in south Etobicoke. The sales office has been closed with the new one scheduled to open on Sat. Oct. 4, located in the commercial building just east of the residential building. At that time, a range of new plans will be unveiled, including some incredible new designs. Key West will be a spectacular 44-storey precast stone condominium tower with all-encompassing views of the city and lake, as well as those that look north toward the Humber River and the neighbouring Mimico Creek ravine. Residents will enjoy a modern lifestyle of understated elegance, with nature at their doorstep and yet also within striking distance of Toronto’s most desired amenities. Set back from the hustle and bustle of the area, the landscaped grounds of Key West stretch from the community’s entrance gates on Park Lawn Road toward the lush green Mimico Creek ravine which the condo overlooks to the west. Beautiful recreational pathways wind throughout the property and down the ravine along the creek, leading directly to the lake shore. A separate lowrise retail centre will be developed concurrently with the condominium tower, offering a range of quality convenience shopping and services to residents. It’s the very model of a modern urban neighbourhood, all just a short stroll from lake-side attractions like Marina del Rey, Humber Bay Park and the Martin Goodman Trail. The Key West lifestyle will be complemented by a wide choice of social and recreational amenities located on the ground and second levels of the residence, including a fitness room, yoga studio and a residents’ lounge/party room with a bar, presentation kitchen, dining room and billiards area. Situated atop the building’s two-storey podium is a fabulous outdoor terrace – a beautifully landscaped sanctuary with conversation areas ideal for just hanging out, and barbecue stations designed for alfresco dining. The views from the suite windows and balconies at Key West will be breathtaking. Toward the city lies the Old Mill and Humber Marshes, while the lake-side vista stretches from Toronto’s CN Tower-dominated skyline to the east and the Niagara Escarpment to the west. A lush, green waterfront location and a resort-style living environment come together at Key West in Etobicoke, where Park Lawn meets Lake Shore. It’s just a 10-minute drive to the heart of downtown Toronto with its major league sports, concerts, clubs and culture. Superb shopping and international dining can also be found there, and at both The Kingsway WITH CONSTRUCTION OF THE TOWER NOW BEGUN,
104 NEW CONDO GUIDE SEP 27 - OCT 11, 2014
and Bloor West Village neighbourhoods to the north. Both TTC and GO Transit connections are conveniently close, with Union Station just nine kilometres to the east. The Gardiner Expressway offering fast access into or out of Toronto. Times Group has always been a leader in Green development practices. Now at Key West, the company is building with an even greater Green commitment to the planet and their purchasers, incorporating still more energyefficient features and environmentally friendly materials. In doing so, they will seek to make the building a candidate for Toronto Green Standard Tier 2 – the highest Green building standard that exists in the industry. For more than 25 years, Times Group Corp. has built renowned commercial and residential buildings throughout the GTA with numerous exquisitely designed condominium residences ranging from Toronto’s downtown core to North York, Richmond Hill and Markham. Those interested in the new release of suites at Key West should register online at KeyWestTorontoCondo.com or call 416.960.1820.
OCTOBER SALES EVENT With construction of Key West now underway, TIMES GROUP CORPORATION is adding 8 ADDITIONAL FLOORS to the tower, based on the incredible success of the condo project’s first release in south Etobicoke.
sway ueen The Q
$100,000 IN LUXURY UPGRADES*
SUITES FROM THE LOW
$300’s
RSVP KeyWestTorontoCondo.com
+See Sales Repersentative for more details. Prices and specifications are subject to change without notice. E. & O.E. Rendering is artist’s concept.
INER
GARD
. EXPY
36 Park Lawn Rd. Etobicoke, Ontario
Pa rk La wn Rd .
hore Blvd . W. ne Pa rade Dr.
UP TO
With its natural waterfront location and resort-style amenities, discover the key to fine living at Key West!
Lake S
TAKE ADVANTAGE OF SPECIAL PURCHASER INCENTIVES
Come tour our incredible new Presentation Centre and review the range of luxurious new suite designs that will be unveiled, all with fabulous views of the city and lake.
Mari
SAT., OCT. 4TH | DOORS OPEN AT 12 NOON SHARP
2014 SHOPPING GUIDE
2014 ISSUE NOW AVAILABLE!
sHoppIng Curating a selection of the GTA’s top home & decor shops and services
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A TR O RN I NC G OS.COM B A R R I NB G OTNODNOCSO . CNODM BBAARRRRI N I NGGT TOONNCCOONNDDOOS S. C . COOMM
WO OVPEERNL O OO VE LG OO N O W ONPO EN KR IN FK OIRNEG S TF O H IRLELS T NNOOWWOOPPEENNOOVVEERRLLOOOOKKI N I NGGF FOORREESSTTHHI LI LLL Introducing The Barrington Condominium Introducing The Barrington Condominium Flats,Condominium a spectacular Introducing TheThe Barrington Flats, a spectacular building set in one ofbuilding set in one of Introducing Barrington Condominium Toronto’s Flats, a spectacular set set inprime one ofurban Toronto’s prime building urban neighbourhoods Flats, a spectacular building in one of neighbourhoods at St. Clair and Bathurst. Toronto’s prime urban neighbourhoods at St. Clair and Bathurst. Toronto’s prime urban neighbourhoods at St. Clair and Bathurst. With TTC your doorstep and steps With TTC atand your doorstep andat steps at St. Clair Bathurst. With TTCTTC at Clair your doorstep and steps to the St. Clair West subway to the St. West subway With at your doorstep and steps to the St. Clair West subway (orthe if you wish The Underground), (or if you wish The Underground), to St. Clair West subway (or(or if you wish The Underground), this where you want toisbe. ifisyou wish The Underground), this where you want to be. thisthis is where youyou want to be. Cheers to The Barrington! is where want to be.to The Barrington! Cheers Cheers to The Barrington! Cheers to The Barrington!
$ s’s s
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$$ $
FROM THE FROM FROM MID THE THE MIDMID
FROM THE MID
Presentation Centre: 522 St. Clair Avenue, West Hours: Mon-Thurs: noon-6pm, Fri.: Closed. Sat & Sun: noon-5pm Presentation Centre: 522 St. Clair Avenue, West Hours: Mon-Thurs: noon-6pm, Fri.: Closed. Sat & Sun Presentation Centre: 522 St. St. Clair Avenue, West Hours: Mon-Thurs: noon-6pm, Fri.:Fri.: Closed. SatSat & Sun: noon-5pm Presentation Centre: 522 Clair Avenue, West Hours: Mon-Thurs: noon-6pm, Closed. & Sun: noon-5pm BarringtonCondo 416.410.4444 BarringtonCondo 416.410.4444 416.410.4444 416.410.4444 BarringtonCondo
BarringtonCondo
Prices and specifications are subject to change without notice. See Sales Representatives for details. Images are for mood and impression only. Exclusive Listing Broker, The Condo Store Realty Inc., Brokerage. Brokers Protected. E. & O.E. 2014. Prices and specifications subject to change without notice. Sales for details. areListing for mood and impression only. Exclusive Listing PricesPrices and specifications are subject to change without notice. See Sales Representatives for details. Images areSee forare mood and impression only. Exclusive Listing and specifications are subject to change without notice. See are Sales Representatives for details. Images for Representatives mood and impression only.Images Exclusive Broker, The Condo Store Brokers Protected. E. & O.E. 2014. Broker, The Condo Store Store RealtyRealty Inc., Brokerage. Brokers Protected. E. &Realty O.E. 2014. Broker, The Condo Inc., Brokerage. Brokers Protected. E. & Inc., O.E.Brokerage. 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
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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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VIEW OUR MAGAZINES ON ANY
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Now you can view all New Condo Guide magazines online using any smartphone, tablet or desktop device.
NEWCONDOGUIDE.COM Published by
AT MARKHAM AND ELLESMERE
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416.626.4889 112 NEW CONDO GUIDE SEP 27 - OCT 11, 2014
001 YFH Cover Fall2014_TL-FIN.indd 1
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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
FUNDAMENTALLY SPEAKING
// BY WAYNE KARL
HOMEOWNERSHIP AFFORDABILITY
Wayne Karl is an award-winning writer and editor with experience in real estate and business. In Fundamentally Speaking, Wayne explores the basics of buying property. Email Wayne at wayne.karl@wall2wallmedia.com or follow him on Twitter at Twitter.com/WayneKarl
A
mid all the ongoing talk of mortgage rates, market conditions, high levels of household debt and economic uncertainty, good news comes from RBC Economics Research’s latest Housing Trends and Affordability report.
Housing in Canada became more affordable in the second quarter of 2014, thanks in large part to a decline in mortgage rates. “It was more affordable to own a home in virtually all provincial and major local markets across Canada in Q2, and in the face of solid price gains no less,” says Craig Wright, senior vice-president and chief economist, RBC. “We had anticipated a rebound in activity from earlier this year when the harsher-thannormal winter weather took hold, but the biggest drop in fixed mortgage rates in almost four years and resulting improvement in affordability also gave the Canadian housing market a boost of extra energy.” The way RBC’s affordability measures work is, the higher the measure, the more difficult it is to afford a home. For example, an affordability measure of 50 per cent means that homeownership costs, including mortgage payments, utilities and property taxes, take up 50 per cent of a typical household’s pre-tax income. A decline in the measure represents an improvement in affordability. For the Ontario market, homeownership affordability eased by 0.2 percentage points for detached bungalows (to 44.7 per cent), and by 0.1 per cent for both two-storey homes (50.9 per cent), and condominiums (29.3 per cent) in the second quarter of 2014. Homebuyers don’t appear to be overly concerned by the fact that affordability remained somewhat stretched for single-family homes, RBC says. Lower rates were the main factor contributing to marginal declines in affordability measures for Ontario. In Ontario’s largest market, Toronto, affordability improved slightly for bungalows, falling 0.2 per cent (meaning it became more affordable) to 55.9 per cent, while deteriorating slightly in condominiums – up 0.1 per cent to 34.3 per cent. For two-storey homes, affordability remained flat at 65.3 per cent.
Housing in Canada became more affordable in the second quarter of 2014, thanks in large part to a decline in mortgage rates, RBC says
114 NEW CONDO GUIDE SEP 27 - OCT 11, 2014
improves slightly
KEEP CALM LIVE ON AND
COMING SOON
TO SOUTH ETOBICOKE
URBAN TOWNS FROM THE LOW
$200s REGISTER NOW
Iconic Urban Townhomes at Royal York and Drummond in the growing lakeside community of Mimico, just steps to the TTC, GO station, parks and more. Featuring 1, 2 and 3-bedroom designs with rooftop terraces and contemporary finishes.
THEROYALYORK.CA/416.901.0206 Exclusive Listing: X-Sell REALTY Ltd, Brokerage. Brokers Protected. Prices, specifications and programs are subject to change without notice. Illustrations are artist concept. E.& O.E. All brand names, logos, images, text and graphics are the copyright of the owners, Icon Homes. Reproduction in any form without written permission of Icon Homes is strictly prohibited.
SEP 27 - OCT 11, 2014 NEW CONDO GUIDE 115
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* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
# Builder 2 Concord Adex 6 Cresford Development Corp. 7 The Daniels Corporation 12 North Drive Investment 17 Rockport Group 18 Monarch Corporation 18 Urban Capital 22 Monarch Corporation 23 Tribute Communities 26 Bazis Inc. 27 The Daniels Corporation 28 Empire Communities 31 Worsley Urban Partners 35 Menkes Developments Inc. 41 Lash Group of Companies 48 Minto Communities Inc. 48 Madison Homes 50 Cresford Development Corp. 51 Tridel Corporation 52 Cresford Development Corp. 52 Cresford Development Corp. 56 Streetcar Development 58 Great Gulf 61 Minto Communities Inc. 63 Fernbrook Homes/Cityzen Dev. 65 Aragon Properties 99 Great Gulf 124 Pinnacle International 126 Great Gulf 131 Lanterra Developments 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. 2 Great Gulf 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. 13 Streetcar Development 14 Canalfa Group 15 Tridel Corporation 16 Freed 18 Urban Capital 18 Urban Capital 19 KIngstone Road Development 20 Menkes Developments Inc. 20 Tower Hill Development Corporation 21 Easton’s Group 21 Remington Group 21 Easton’s Group *TH: Townhomes, C: Condo
Site Telephone TH* C* Price Range Page Finder 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 39 8L The High Park 416-670-3699 • from $300,000 77 8L The Nest 416-223-0003 • from $250,000 63 11H Riva del Lago 416-495-3544 • from $300,000 Insert 24c RC3 416-862-0505 • • from $220,000 43 18L Picasso on Richmond 416-495-3549 • from $400,000 Insert 14M The College 416-363-4800 • from $336,000 45 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 59 15H The Eglinton Yonge at Heart menkes.com • from $250,000 Insert 15E The Barrington Condominiums Flats 416-410-4444 • from $350,000 107 12H Yorkville Park mintoyorkvillepark.com • • from $390,000 17 14J Zigg St.Clair West mintoyorkvillepark.com • • from $320,000 70-71 14J VOX 416-485-3000 • from $200,000 IBC 15J Aquavista at Bayside Toronto tridel.com • BC 18N CASA 2 416-486-2272 • from $320,000 144 15L CASA III 416-486-2272 • from $350,000 144 15L Riverside Square 416-466-4466 • from $200,000 55 19L Monde 416-466-8885 • from $310,000 26 17M West Side mintowestside.com • • from $220,000 49 13M The Selby theselbycondos.com • 87 16J Enigma on the Park 416-516-1551 • 103 9L One Bloor Residences 416-922-0081 • from $550,000 26 15I The Pinnacle on Adelaide 416-596-1600 • from $350,000 109 15M X2 416-927-0080 • from $500,000 27 16J Riverhouse at the Old Mill 416-766-7343 • from $500,000 11 5L Chaz Yorkville Condos 416-922-0045 • from $300,000 31 & Insert 16J Chaz Yorkville Condos 416-922-0045 • from $300,000 31 & Insert 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 • • 25 15G Yorkville Plaza II 416-966-3003 • • from $350,000 1 14H 1000 Bay 416-485-3000 • from $390,000 144 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 65 18L Smart House 416-292-0219 • from $250,000 75 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 Yonge+Richmond 416-499-8883 • from $320,000 16K Quartz at Concord CityPlace 416-813-2999 • • 15M Spectra at Concord CityPlace 416-813-0999 • • 15N Grand Parade 2 at Concord CityPlace 416-813-0999 • 15M Parade TWO Park Collection at Concord CityPlace 416-813-0999 • from $308,000 15M 383 Sorauren 383sorauren.com from $265,000 9M 383 Sorauren 416-588-0383 from $265,000 9L Garrison at the Yards 416-260-2600 • from $190,000 14n West Lake 416-260-2600 • from $240,000 14N Newton at Concord CityPlace 416-813-0999 • 12F 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 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 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
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
Site
Remington Group Tridel Corporation 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. Easton’s Group Lifetime Developments Fernbrook Homes/Cityzen Dev. Triumph Developments K-CAP Laird Inc. Tridel Corporation Pinnacle International Conservatory Group Pinnacle International Tridel Corporation Lanterra Developments 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 Lifetime Developments Lifetime Developments Concert Properties Triangle West Development 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
Telephone
TH* C*
Price Range
Page
Westinghouse Lofts 416-599-1355 • from $200,000 Ten York 416-596-9888 • from $1020,000 Axiom Condominiums 647-352-4077 • from $225,000 Spadina Queen 416-661-1949 • from $350,000 One Yorkville 416-519-2911 • from $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 Dundas Square Gardens 416-645-8575 • from $200,000 The Code thecodecondos.com • from $320,000 Garrison Point garrisonpoint.ca • from $250,000 Howard Park 2 416-873-0989 • from $326,000 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 The PJ pinnacleinternational.ca • from $300,000 Aqualina at Bayside 416-514-2710 • from $350,000 11 Wellesley 416-861-1111 • from $250,000 The 500 Condos + Lofts 416-960-0606 • from $400,000 King West 416-367-5464 • from $210,000 775 King West 416-367-5464 • from $330,000 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 X2 416-927-0080 • from $303,000 Bisha Hotel & Residences 416-637-2211 • from $274,000 88 Scott 416-216-8588 • Art Condos 416-535-7775 • from $530,000 Two Old Mill 416-645-7022 • from $356,000 Old Mill 416-645-7022 • from $450,000 RCM I on University 647-351-9247 • from $393,000 Queen & Portland 416-363-4800 • from $315,000 5 St. Joseph 416-928-0555 • • from $250,000 5 St. Joseph 416-928-0555 • • from $250,000 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 12N 12F 17L 15D 15I 25B 17m 17m 13H 14E 19L 16L 15M 9k 14L 17k 13H 13N 9L 18D 16J 16M 15I 15L 18N 15J 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 16J 16m 17M 12N 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
# 21 22 24 25 26 28 29 29 30 32 33 34 35 36 37 38 39 40 42 43 44 45 46 47 51 53 54 55 55 57 59 60 62 64 66 66 66 70 70 78 81 83 84 85 85 88 94 101 101 102 103 103 104 106 106 109 109 110 114 117 117 117 118 118 120 120 122 126 128 129 130 131 131 133 134 135 135 136 137 141 142 148 149 151 151 151 153 153 153 154 155 157 162 165 170 171 173 175 179 179 184 184 185 186 188 189 191 192 193 195 195 197 198 199 200 200 201 206 207 210 215 217 217 217 218 219 220 221
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torontoregionalmaps: North York
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
118
#
Builder
1 1 9 14 96 121 1 2 3 3 4 4 5 6 6 6 6 7 8 10 10 10 15 21 28 33 37 40 50 50 86 94 95 96 96 96 99 101 122 122 122 123 124 125 128 128 130 132
Context Development Inc. metropia Sorbara Group Torbel Group ELAD Canada Liberty Development Corp. Concord Adex Torbel Group YYZed Project management Tiffany Park Homes Tridel Corporation Tridel Corporation Lindvest Concord Adex Concord Adex Concord Adex Concord Adex Fram Building Group Conservatory Group Bazis Inc. metropia Plaza 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 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
TH* C*
Price Range
Page
The Yorkdale Condominiums 416-781-9990 • from $170,000 93 The Yorkdale Condominiums 416-781-9990 • from $170,000 93 Beacon beaconcondos.ca • from $250,000 56-57 Diva Condo DivaCondo.com from $225,000 100-101 The Colours of Emerald City coloursofemeraldcity.com • from $250,000 81 World on Yonge 905-771-7010 • from $284,000 35 Opus 416-813-2999 • • The Avanti Condominiums 416-636-0400 from $390,000 VISTO vistocondos.ca from $220,000 Westhaven 416-792-6655 • from $633,000 Hullmark Centre 416-733-2883 • from $524,000 Aristo at Avonshire 416-730-0300 • from $383,000 The Brownstones at Westown lindvest.com from $330,000 Tango at Concord Park Place 416-813-2999 • • from $236,000 Discovery at Concord Park Place 416-813-2999 • Discovery II at Concord Park Place 416-813-2999 • • from $210,000 Tango2 at Concord Park Place 416-813-2999 • from $265,000 SOUL mysoulcondos.ca from $250,000 Pearl 2 Condominiums 416-512-1818 • Emerald Park 416-221-8802 • from $188,000 Emerald Park 416-221-8802 • from $188,000 Emerald Park 416-221-8802 • from $188,000 The Essential 905-887-4888 • from $250,000 Argento 416-663-1818 • from $562,000 Alto at Atria 416-645-8866 • from $288,000 The Palm Condominium Residences 416-306-1000 • from $400,000 Portrait Condominiums 416-282-9600 • from $300,000 Gibson Square 416-730-9722 • from $385,000 88 416-915-3805 • from $325,000 Flo Condominiums 647-799-0356 • from $250,000 Aura At College Park 416-962-8688 • from $995,000 Gooderham 416-361-1322 • from $410,000 Scenic on Eglinton 416-805-1781 • Emerald City Condominiums 416-492-0001 • from $256,000 Dreamtower At Emerald City 416-492-0001 • from $248,000 Biyu Emerald City biyucondos.com • from $250,000 Willow Park at Bayview 416-221-6767 • from $400,000 Posh Condominiums 905-771-0134 • from $544,000 Treviso Condominiums 416-787-8882 • from $250,000 Treviso II 416-787-8882 • from $250,000 Treviso III 416-787-8882 • from $250,000 The Station 416-398-9777 • from $420,000 Trio at Atria 416-645-8866 from $255,000 LIV Lofts 416-445-5638 • from $250,000 NY Place 416-221-3939 • from $250,000 NY2 416-221-3939 from $250,000 Canterbury 647-352-2130 • • from $700,000 Flaire Condos 416-445-8868 • from $320,000
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
Finder 12E 12E 17C 11C 24C A18 22C 17C 8E 23G 18D 18D 4C 22C 22C 22C 22C 25C 17C 17C 17C 17C 20E 22e 25D 17B 13C 17C 18c 18c 16K 18l 23G 24C 24C 24C 21 16A 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
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1 40 D ixon Rd
12 Etobicoke
Rathburn Rd
19
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Bloor St W
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
Q ueensw ay
70
Park Law n
h
50 8 14 51 5 34 3 35 16
RoyalYork Rd
D undas St W
Q EW
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409
Scarborough
26
Islington Ave
Kipling Ave
M artin G rove Rd
Av e
25
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Ranforth D r
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*TH: Townhomes, C: Condo
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Finch Ave W
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Builder Great Gulf Tridel Corporation Lash Group of Companies Carttera Concert Properties Times Group Corp. Monarch Corporation ICON Homes Queenscorp Residences Liberty Development Corp. Monarch Corporation 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 Camrost - Felcorp Camrost - Felcorp National Homes Averton Homes Infinity Developments Graywood/Beaverhall Development Davies Smith Monarch Corporation Empire Communities Averton Homes Tridel Corporation Amexon Development Corporation City Core 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
Al bio
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14
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Centennial
Orton Park Rd
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McCowan Rd
Bellamy Rd
St. Clair Ave
Scarborough Golf Rd
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Lawrence Ave E
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East Ave Port Union Rd
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* Due to scale restrictions, locators are d 1 see builder’s ads approximate. Please n R for sto exact locations. ng
Victoria Park
g
Progress Ave
Brim
Eglinton Ave E
f
29
16
427 Morrish Rd
2
Brimley Rd
Warden Ave
Pharmacy Rd
e
61
Birchmount Rd
d
Kennedy Rd
Ellesmere Rd
401 Midland Ave
55 401 31
15
Beare Rd
13
14
Sheppard Ave E Conlins Rd
Milner Ave
13
Meadowvale Rd
1
Sheppard Ave E
Ave
Morningside Ave
evin
McL
12 Reesor Rd
Huntingwood Dr
c
11 Sewells Rd
Finch Ave E
b
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Neilson Rd
McNicoll Ave
9
Tapscott Rd
McCowan Rd
A
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11 53 3 56 39 4 37 6 33 17 19
G ardiner Expressw ay Evans Ave
H orner Ave
65
Lakeshore Blvd W
Site Telephone TH* C* Price Range Page Finder One Sherway Condominiums 416-695-3535 • from $280,000 26 16G Islington Terrace 416-645-8862 • from $250,000 IFC 23F Cloud 9 Condominiums 416-747-0199 • from $230,000 108 22B Cloud 9 Condominiums 416-800-0812 • from $230,000 108 22B The KIP District thekipdistrict.com • from $220,000 91 22G Key West Condominium keywesttorontocondo.com from $320,000 105 24H Lago 416-495-3544 • from $200,000 Insert 24c Royal York Urban Towns 416-901-0206 • from $220,000 115 23H Watermark 416-354-2221 • from $307,000 113 19D Terrace on Danforth 416-987-7575 • from $253,000 35 2F Waterscapes 416-495-3544 • from $400,000 Insert 26H Triumph at Valhalla 416-233-5554 • from $199,000 69 21F Park Towers at IQ 416-253-5838 • from $170,000 99 22G Me Condos 416-430-0003 • from $250,000 111 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 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 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 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
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Toronto Waterfront
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waterfrontmaps: Toronto
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
120
#
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
26
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
Price Range
og
Scug
Manvers
Page
Finder
Scugog
416-495-3544 48
• from $390,000
Insert
416-495-3544
• from $350,000
Insert
416-354-2221
• from $307,000
Oshawa
25C 24c
Newcastle
113
19D
1 406-7
25B
Ce rem Ra th bu rn Rd W
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Br ita nn ia Rd W
Qu ee nS tE
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28 empire communities
Eau Du Soleil - Waterfront Condominiums
416-503-3328
1
windcatcher development corp.
Atwater Condos
905-271-5038
• from $280,000
12B
2
Stanton Renaissance
On The Go
647-692-8417
• from $250,000
23C
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
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
20 DAVIES SMITH
Eleven Superior
416-259-8882
• from $220,000
23C
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
• from $320,000
Phillip M
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
TH* C*
Lake
Park Rd S
Whitby 7 Waterfront
Bloor St
S
W entworth St
Lindsay
Uxbridge
Gibb St
Park Rd S
W
King St WBond St
Stevenson Rd
8
401
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Thornton Rd
ly
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Centre St.
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Bay
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Blair St
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Dundas St E
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Harwood Ave
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Rossland Rd
Townline Rd
Audley Rd
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25
Country Lane
Salem Rd
th or pe Rd W
Church St E
Thornton Rd
1518 20
Garrard Rd
16 28
Thickson Rd
Coronation R
Lakeridge Rd
Audley Rd
Salem Rd
W estney Rd N
Bu rn ha m
8 Con
Lakeshore Blvd E
Whitby
*TH: Townhomes, C: Condo
Stevenson Rd
26
Baldwin St N
RoyalYork Rd
Park Law n Cedarbrook T
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25
Village of G ardiner Expressw ay in 1411 Brookl 2
Evans Ave
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Alliston,
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24
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Kingston Rd
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23
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Greenwood Rd
Ravenscroft
Mara
11
400
Country Lane
Lake Ridge R
Brawley Rd Bloor St W
Columbus Rd
Town of Ajax
Magill Dr
93
Barrie
21 22
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
69
400
20
Ashburn Rd
19
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18
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7
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Mississauga Taunton Rd E Waterfront Orillia
Church St S
25 queenscorp residences
17
Bracebridge
Church St N
Mono
Rd 12 Sideline Paddock Rd xie Di
Squires Beach Rd
0
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Essa
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11 Monarch Corp.
Shelburne
Notion Rd Riverside Dr
Tosorontio Everett
89
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69
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16
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Whites Rd
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4
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27
15
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Liverpool Rd
Dixie Rd
6
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121
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 on the horizon. 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
122 NEW CONDO GUIDE SEP 27 - OCT 11, 2014
GTA Edition Sept. 27 – Oct. 11, 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
NOW OPEN
W
IDTOWN
60L%D! SO
Be theCENTRE centre ofALL. it all BE at AT THE OF IT
IDTOWN BE AT THE CENTRE OF IT ALL.
ThE lOWEsT CONDO FEEs IN CANADA Welcome to GreenLife Midtown Markham, another ecologically revolutionary building from Del Ridge Homes. With its wealth of environmentally friendly building technologies and central locale in the heart of Markham,
LIVE LIFE GREEN
NET
ZERO
GreenLife Midtown is making it even simpler to go green.
680 sq.ft. from
$278,800
(approx. $80/mth. condo fees)
DUFFIELD DR.
SITE 14TH AVE.
McCOWAN RD.
WARDEN AVE.
Sales Centre
KENNEDY RD.
HWY 407
N
sAlEs CENTRE Del Ridge Greenlife Centre 7800 Kennedy Road, Unit 104, Markham, ON hours: Mon. – Fri. 9 am – 5 pm • sat. & sun. 11 am – 4 pm LIVE LIFE GREEN
greenlifemidtown.com
NET 1-877-479-5448 ZERO
Prices and specifications are subject to change without notice. All renderings are artist’s concept. E.& O.E.
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. SEP 27 - OCT 11, 2014 NEW CONDO GUIDE 125
It's A Main Street Geranium Homes Brings Boutique
STOUFFVILLE • Spectacular 1, 2 & 2 bedroom + den suites with balconies • Sun-filled open concept floorplans • Gourmet-inspired kitchens with granite countertops • Luxuriously appointed ensuite baths • Soaring 9’ ceilings • Hotel inspired grand lobby • Main Street Lounge residents’ party room • Outdoor terrace and barbecue area • Parking space included • Steps to GO Train and minutes to Highway’s 48, 404 & 407
314,900
650 to 1,133 Sq. Ft.
LLOYD ST
BLAKE ST
9TH LINE
MAIN ST
SITE
SALES CENTRE OBRIEN AVE
from
FREEL LN
$
from
Luxury Suites
BURKHOLDER ST
Mon to Wed: 1 – 6pm / Sat & Sun: 11am – 5pm Thurs & Fri: Closed or by appointment
905-591-1071 geraniumhomes.com Follow us:
A Boutique Condominium of Just 67 Suites The amenities of Pace on Main befit the intimate nature of this luxury condominium residence. A welcoming grand lobby creates a lasting first impression. Residents and guests will enjoy the club-like ambiance of the Main Street Lounge for special occasions or simply relaxing with neighbours. Adjacent is an elegant terrace for summer gatherings completed with arbour and barbecues.
Prices are correct at press time and are subject to change without notice. Sq.ft. measurements are approximate. E & O E.
Grand Opening! Condominium Living To Main Street, Stouffville Life At Your Own Pace! From entertaining to everyday living each residence at Pace on Main offers a host of sophisticated features and finishes complementing a lifestyle of comfort, convenience and luxury. Pace on Main is more than just an address – it’s life in the heart of Downtown Stouffville. This meticulously designed condominium residence is nestled within in a neighbourhood of heritage architecture and tree lined streets with limitless leisure and cultural activities just a stroll away. A lively main street lifestyle offers charming bistros, cafes, specialty and boutique shopping as well as annual festivals, markets and attractions. Steps to GO transit and a short drive to Highways 48, 404 and 407, Pace on Main offers the perfect Stouffville's location.
BILD 2014 P2G COMMUNITY OF THE YEAR BILD 2012 HOME BUILDER OF THE YEAR CHBA 2011 GRAND SAM AWARD WINNER
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 of all 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.
LIVE LIFE
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
THE KEY TO YOUR PALACE AWAITS 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.
To learn more about Richmond Hill’s Grand Palace, visit www.grandpalace.ca or call 905.907.4370 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.
HOMEBUYERS’ HELP
CONDO HUNTER’S CHECKLIST
When shopping for your dream condo, carry this list with you and take notes to help you remember what you saw, and where! CONDO #1
CONDO #2
CONDO #3
CONDO #4
Project & address:
Project & address:
Project & address:
Project & address:
Salesperson:
Salesperson:
Salesperson:
Salesperson:
Phone:
Phone:
Phone:
Phone:
Developer/builder:
Developer/builder:
Developer/builder:
Developer/builder:
Type:
Type:
Type:
Type:
midrise highrise
townhome conversion
midrise highrise
townhome conversion
midrise highrise
townhome conversion
midrise highrise
townhome conversion
Sq. ft.:
Sq. ft.:
Sq. ft.:
Sq. ft.:
# of bedrooms:
# of bedrooms:
# of bedrooms:
# of bedrooms:
# of bathrooms:
# of bathrooms:
# of bathrooms:
# of bathrooms:
Interior appliances:
Interior appliances:
Interior appliances:
Interior appliances:
Options:
Options:
Options:
Options:
Parking facilities:
Parking facilities:
Parking facilities:
Parking facilities:
Special incentives:
Special incentives:
Special incentives:
Special incentives:
Price:
Price:
Price:
Price:
Down payment:
Down payment:
Down payment:
Down payment:
Condo fees:
Condo fees:
Condo fees:
Condo fees:
Financing available:
Financing available:
Financing available:
Financing available:
Other comments:
Other comments:
Other comments:
Other comments:
130 NEW CONDO GUIDE SEP 27 - OCT 11, 2014
SO MAGNIFICO. 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.
131
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.
8
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Pinnacle International
The Marquee Townhomes on the Park
905-568-9000
•
from $720,000
133
20K
7
Great Gulf
HOT
905-828-4257
•
from $330,000
27
16M
10 AMACON
The Residences at Parkside Village
905-273-9333
•
from $250,000
85
21K
15 ADI Development Group
Link2 Condos+Lofts
905-592-2028
•
from $195,000
132
5M
20 Carriage Gate Homes
The Berkley Downtown Burlington
•
128
5M
30 Pinnacle International
Pinnacle Grand Park 2
905-276-3981
•
from $250,000
125
20L
47 The Daniels Corporation
Daniels Erin Mills
905-306-6996
•
from $195,000
15
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*
theberkeleycondo.com
Price Range
Page
Finder
4
Conservatory Group
Mirage
905-232-2400
•
from $270,000
20K
5
AMACON
PSV2
905-273-9333
•
18M
8
Fernbrook Homes
Absolute World
416-869-6057
•
from $188,000
21k
8
Cityzen
Absolute World
416-869-6057
from $188,000
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
#
135
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
H w y.27
26
Key Maps To wn of O sh awa
34
TH* C*
12
6
5
Town of Markham 7 407
11 Concess ion R
Telephone
10 Concess ion R
Site
9 Line
2
M ain St S H w y.48 Raym ervi lle D r
Rd
2
Bullock D r Hw y 7
A ldergrove D r
n de Al
M ajor M ackenzie
15
3
14 Ave
28
M cCow an Rd
7 14
Kennedy Rd
W arden Av e
404
45
16 Ave Carlton Rd
Ave
St
18 Ave
8 407
404
John
Steeles Ave E
8
W oodbine
A ve
905regionalmaps: Maple, Thornhill, Richmond Hill, Vaughan, Markham, Ajax, Whitby, Oshawa
Leslie St
Leslie St
rn Strathea
Clark Ave W
H enderson Av e
Centre St
24 1 13
Cachet Pkw y
16th Ave.
32
Elgin M ills Rd
1
23
4
Thornhill
Yonge St
407
31
Steeles Ave W
136
N ealD r
e Av
7
40
d St
n to
7
g 407
D enham D r
ng Isli t nce S Clare Kipling Av e
50
22
41 26
43 10
Langstaff Rd
404
M ajor M acKenzie
W eldrick Rd W
25
401
19 Ave
Elgin M ills Rd
Richmond Hill
Rutherford Rd
400
19th Ave.
Yorklan
St
20
Regent St M illSt
Maple
401
G am ble Rd
Bathurst St
D ufferin
25
29
e
ff Rd Langstaf
Keele St
H untington
11
M ajor M ackenzie
24
401
Jefferson Sideroad
Cr
Teston Rd
d
400
Jane St
Kirby Rd
N ashville Rd
W eston Rd
c
Pine Valley
Cold Cree k Rd
12 Line Rd
King-Vaughan Rd
To wn of Ajax
City of Pickerin g
Yonge St
6
Bayview Ave
King Rd
23
To wn of W hitby
Bloom ington Sideroad
b
21 22
Markham
D enison St
#
Builder
1
Monarch Corporation
Garden Court
416-495-3595
•
Price Range from $400,000
Page Insert
Finder 16D
6
Armour Heights Developments
The Sorrento
289-637-1777
•
from $350,000
131
13B
8
Del Ridge Homes
Greenlife Condominiums
1-877-479-5448
•
from $279,000
124
18G
13 Liberty Development Corp.
Legacy Park
905-731-8302
•
from $280,000
36
10g
32 Liberty Development Corp.
Royal Gardens
905-889-9997
•
from $303,000
35
14f
43 Guizzetti Developments
Grand Palace
905-907-4370
•
from $295,000
129
12E
44 Liberty Development Corp.
Centro Square Condos 2
905-851-8877
•
from $280,000
37
4G 22E
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
Grand Cornell Brownstones in Markham
905-294-6161
from $340,000
23F
from $254,000
11G
from $250,000
13F
5 Lindvest 7
WaterGarden
416-915-3800
10 Great Lands Corp.
MintoUrban Communities Inc.
The Beverly Hills Resort Residences
905-882-6636
•
11 Triaxis Development Inc/Marino Developments
Courtyards of Maple
416-798-7070
•
from $390,000
8E
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 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
Vista Parc Condominiums
905-850-8883
•
from $260,000
3F
45 Kylemore Communities
41 Quadcam Development Group Inc
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
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
SEP 27 - OCT 11, 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 SEP 27 - OCT 11, 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 SEP 27 - OCT 11, 2014 NEW CONDO GUIDE 139
ONTARIO’S MOST-READ NEW HOMES GROUP WE ARE THE LARGEST MAGAZINE DISTRIBUTION SYSTEM IN ONTARIO. The lifestyle you want, at a price you can’t beat! Note: Cover CheCklist x17-Date changed x-colour changed x-coverline placed
Sept 27 - Oct 11, 2014 Volume 18 Issue 18
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YOUR GUIDE ON WHERE AND WHAT TO BUY
Q&A with L.A. designer Betsy Burnham PG. 34
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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
MTCC
4.55
3.29
n/a
2.6
3.6
2.97
3.7
3.44
4.6
2.89
6.45op 6.50op OTHER FINANCIAL INSTITUTIONS Airline Financial C.U. 4 3.01 3.1 3.33 3.65 Comtech Credit Union
6.2
2.99
6.40op
6.30op
First National Fin. LP
3.95
2.6
6.34op
3.09 3.99
6.25op
FirstOntario C.U.
2.95
4.95
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 Sept. 8, 2014. Prepared By Fiscal Agents Financial Information Services 905.844.7700
SEP 27 - OCT 11, 2014 NEW CONDO GUIDE 141
index of advertisers 45 Charles Ltd. - Chaz Yorkville Condos
31 & Insert
ADI Development Group - Link2 Condos+Lofts AMACON - The Residences at Parkside Village
35
Liberty Development Corp. - World on Yonge
35
85
Lifetime Developments - Bond Photo Contest
89
Lifetime Developments - Lifeline Charity
50
Lifetime Developments - The Bond Condominiums
25
Amexon Development Corporation - The Residence of 488 University Avenue 47 Aragon Properties - Enigma on the Park
103
Armour Heights Developments - The Sorrento
131
Art Toronto - The Toronto International Art Fair
Liberty Development Corp. - Terrace on Danforth
132
74
Luxury Living Magazine - Promo
Aspen Ridge Homes - Studio on Richmond
51
Madison Homes - Zigg St.Clair West
Bazis Inc. - E Condos
64 70-71
19
Malibu Investments Inc. - Smart House
75
Bazis Inc. - No1 Yorkville
5
Menkes Developments Inc. - Corporate
Insert
Camrost - Felcorp - Blue Diamond at Imperial Plaza
3
Menkes Developments Inc. - Model Suite Of The Month
Camrost - Felcorp - Yorkville Plaza II
1
Canpages - Promo
92
Carriage Gate Homes - The Berkley Downtown Burlington
128
Carttera - Cloud 9 Condominiums
108
Menkes Developments Inc. - The Eglinton Yonge at Heart Metropia - E Condos
93
17
66
Concert Properties - The KIP District
91
Minto Communities Inc. - Yorkville Park
28-29 93
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
Del Ridge Homes - Greenlife Condominiums
124
Digital Device - Promo
110
Dundee Kilmer Developments - Canary District Condominiums Eden Shaw - Chaz Yorkville Condos
65
31 & Insert
Edilcan Development Corp. - Triumph at Valhalla
69
ELAD Canada - The Colours of Emerald City
81
19
49
Chinese Home & Condo Guide - Promo
Context Development Inc. - The Yorkdale Condominiums
Insert
Metropia - The Yorkdale Condominiums Minto Communities Inc. - West Side
Concord Adex - FWD at Concord CityPlace
33
Monarch Corporation - Garden Court
Insert
Monarch Corporation - Lago
Insert
Monarch Corporation - Picasso on Richmond
Insert
Monarch Corporation - Riva del Lago
Insert
Monarch Corporation - Waterscapes
Insert
North Drive Investment - The High Park
77
Pemberton Group - Corporate
8-9
Pinnacle International - Pinnacle Grand Park 2
125
Pinnacle International - The Marquee Townhomes on the Park
133
Pinnacle International - The Pinnacle on Adelaide
109
Plaza - Corporate
67
Plaza Premium Lounge - Promo
90
PRK Developments - University Suites
18
87
Queenscorp Residences - Watermark
113
126-127
Empire Communities - Eau Du Soleil Waterfront Condominiums Family of magazines - Promo
6-7 140
Fernbrook Homes/Cityzen Dev. - The Selby
Remington Group - Park Towers at IQ
99
Great Gulf - HOT
27
Rio Can - E Condos
19
Great Gulf - Monde
26
Rockport Group - The Nest
63
Great Gulf - One Bloor Residences
26
Great Gulf - One Sherway Condominiums
26
Great Gulf - Pace
27
Great Gulf - X2
27
Great Gulf - Yonge + Richmond
27
Geranium Homes - Pace on Main
Sorbara Group - Beacon Streetcar Development - Riverside Square
55
The Daniels Corporation - Daniels Erin Mills
15
The Daniels Corporation - High Park Condominiums
39
Guizzetti Developments - Grand Palace
129
The Daniels Corporation - One Park Place South Tower
ICON Homes - Royal York Urban Towns
115
Times Group Corp. - Key West Condominium
Lamb Development Corp. - The Harlowe
53
Lanterra Developments - Riverhouse at the Old Mill
11
Lash Group of Companies - Cloud 9 Condominiums
108
Lash Group of Companies - Me Condos
111
Lash Group of Companies - The Barrington Condominiums Flats
107
Torbel Group - Diva Condo Tribute Communities - The College
23 105 100-101 45
Tridel Corporation - Aquavista at Bayside Toronto
BC
Tridel Corporation - Islington Terrace
IFC
Liberty Development Corp. - Centro Square Condos 2
37
Urban Capital - RC3
Liberty Development Corp. - Legacy Park
36
Worsley Urban Partners - Totem Condominium
Liberty Development Corp. - Royal Gardens
35
Your First Home & Condo - Promo
142 new Condo Guide sep 27 - oct 11, 2014
56-57
43 59 112
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 The shopping. The dining. The subway steps from your door. Minutes to U of T and Ryerson. Amenities furnished with Diesel Living. European kitchen 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.
GR
Lobby
Steps to Islington Subway Station. Find your connection at Islington Terrace. Surrounded by stately residential neighbourhoods, the Islington Station at Bloor Subway and 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.
A Tr
*Prices a the arc The foll Room, develop Green.
F
GRAND OPENING
Lobby
Islington RetailSubway Terrace
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
Courtyard Entryway
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
DOCKING SOON
Standing room only.
Redefining life on the water’s edge. Tridel®, Tridel Built for Life® are registered trademarks of Tridel and used under license. ©Tridel 2014. All rights reserved. E.&O.E. September 2014.
tridel.com