gta Octoberedition 11 - 25, 2014 Volume 18 Issue 19
Jan 6 - feb 3, 2012 Volume 20 issue 01
first pick. Trust one of Canada’s oldest, strongest and most respected names in homebuilding. Choose Monarch. First. WATERSCAPES | LAGO | RIVA DEL LAGO
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EDITOR’S NOTE
THINK YOU CAN’T AFFORD A HOME? THINK AGAIN.
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
Much like that bank commercial that says, “you’re richer than you think,” a new home may be more affordable than you originally thought. Perhaps you only need to change your definition of “home” to get into the market. While a detached home is the traditional choice for many, highrise and lowrise suites, lofts and townhomes have become a prime choice among first-time buyers and empty nesters in the market for new place to call “home.” Not only does condominium living afford you the opportunity to live in a prime neighbourhood at a great starting price, when it’s time to move you can often opt to remain in the same neighbourhood, since many buildings and townhome communities offer a mix of designs and sizes, which allow families to relocate easily without having to change jobs or schools. Today’s condo communities generally have a range of sizes and prices that start at the “affordable” end of the price spectrum. This fall, many builders and developers are gearing up for their grand openings or have suites available for quick occupancy. It’s an exciting time to be shopping for a new place, so don’t miss this excellent buying opportunity. Have a look through this issue and see what you think. The home of your dreams is waiting.
THE UP SIDE OF DOWNSIZING
LYDIA MCNUTT EDITOR
Wall2Wall Media Lydia.McNutt@wall2wallmedia.com Follow me on Twitter at Twitter.com/LydiasTweets
When it comes to your home, whoever said “bigger is better” has obviously not toured a new condo lately. Builders today offer smart suite layouts, and more in terms of amenities that take living well beyond your four walls. When choosing your next new home, think about how you use your space. Sure, bedrooms are a must-have – after all, we sleep away about one-third of our lives – but how do you like to spend those precious waking hours? Maybe that spare bedroom would be put to better use as a home office, or a dedicated media room for TV viewing and movie nights. Alternately, if your condo offers a theatre-style screening room as one of its amenities (as many do these days), then maybe that spare bedroom can become your hobby room, a “man cave,” or a play room for the kids. Many condos offer a roster of amenities that people who live in detached houses only dream of. How would you like to spend your summer days by the rooftop pool, work up a sweat in the gym, catch up on some reading in the library, or host a swanky soirée in the party room, complete with a bar and caterer’s kitchen so your guests never see you break a sweat? The opportunities are endless for quality “me” time in your condo, all without ever leaving the comfort of home. In terms of your actual suite, spaces are efficiently designed to make the most of every square inch. Open-concept living areas, furniture-style cabinetry, multi-functional furnishings and hidden storage all make compact condos live larger than their square footage, ensuring the space you do have, though perhaps small, is the sweetest space of them all.
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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
Daiana Garay EDITOR
Lydia McNutt CONTRIBUTING EDITORS
BILD REPORT
LEGALLY SPEAKING
DESIGNER ADVICE
Bryan Tuckey
Jayson Schwarz
Yanic Simard
Bryan Tuckey is president and CEO of the Building Industry and Land Development Association (BILD) and can be found on Twitter (twitter.com/bildgta), Facebook (facebook.com/ bildgta), Youtube (youtube.com/bildgta) and BILD’s official blog (bildblogs.ca).
Jayson Schwarz LL.M is a Toronto real estate lawyer and partner in the law firm Schwarz Law LLP. Visit the website at schwarzlaw.ca or email info@schwarzlaw.ca.
Yanic Simard is New Condo Guide’s design editor, principal designer of the award-winning Toronto Interior Design Group (tidg.ca), and regular guest expert on City’s Cityline. Check out Yanic’s accessory line, Yanic Simard Selected, online at ysselected.com
Sara Duck Wayne Karl Elisa Krovblit DESIGN EDITOR
Yanic Simard
SALES MANAGER
Conni Robinson SENIOR ACCOUNT EXECUTIVE
Dionne Fraser dionne.fraser@wall2wallmedia.com SENIOR ACCOUNT EXECUTIVE
Nina Downs nina.downs@wall2wallmedia.com
SALES & MARKETING CO-ORDINATOR
Terry Bassett ADMINISTRATIVE ASSISTANT
Antoinette Jackson PRODUCTION MANAGER
Bala Gnanapandithan PRODUCTION CO-ORDINATOR
Sandra Hanak-Vujnovic CONDO PRO
Barbara Lawlor Barbara Lawlor is president and CEO of Baker Real Estate Inc., and an in-demand columnist and speaker. A member of the Baker team since 1993, Barbara oversees the marketing and sale of condominium developments in the GTA and overseas.
STAT CHAT
STYLE FILE
Ben Myers
Jo Alcorn
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
Jo Alcorn is a celebrity designer specializing in small spaces and design solutions for all budgets. She is the interior expert on HGTV’s new show, Critical Listing, and shares her expertise in her monthly column in the Toronto Sun. Visit whitewashco.ca
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
INSIDER INSIGHT
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INVESTOR ADVICE
MONEY MATTERS
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
Gail Vaz-Oxlade is the host of Til Debt Do Us Part, author of Debt Free Forever and you can read her daily blogs at gailvazoxlade.com. Follow Gail on Twitter at twitter.com/ GailVazOxlade
Andrew la Fleur
004 NEW CONDO GUIDE OCTOBER 11 - 25, 2014
Gail Vaz-Oxlade
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.
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BILD REPORT
// BY BRYAN TUCKEY
Six-storey wood-frame homes
A GAME CHANGER
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.
T
he countdown to 2015 will usher in a happy New Year for both new-home buyers and the building industry because six-storey wood-frame construction is coming to Ontario. In this space in April, I wrote that the province was on the verge of approving a landmark amendment to the Ontario Building Code (OBC), moving the height standard for wood-frame buildings from a maximum of four to six storeys. Housing Minister Ted McMeekin recently stamped a date on what our industry had anticipated – the OBC amendment will come into effect on Jan. 1, 2015. There are three reasons that this will be a game changer for the province’s building and land development industry. This OBC amendment gives new-home buyers more options in 010 NEW CONDO GUIDE OCTOBER 11 - 25, 2014
choosing a home. Adding to the housing mix will add vibrancy and character to our new neighbourhoods, which is great news for consumers. Some buyers will like this option because wood is aesthetically pleasing while others will appreciate that their carbon footprint is being reduced. Others may want to use it because the construction of their new home will be fast, efficient and can occur year-round. Secondly, this change has the potential to give our economy a much-needed boost in a few ways: more residential construction means more jobs are created and additional tax revenue is collected to support Ontario’s cities and towns. Using wood is a homegrown solution for building new homes and businesses, and employs the use of local resources – which is great news for the forest industry. Lastly, it will allow our members to continue implementing the objectives of the provincial growth plan, Places to Grow, across the GTA by giving the industry more options to build midrise homes and office buildings. “Communities across Ontario, from London to North Bay, will all benefit from the housing, rental and office opportunities that this provincial proposal provides, and we look forward to seeing Ontario projects this year,” says Joe Vaccaro, CEO of the Ontario Home Builders’ Association (OHBA), which led the provincial discussion and advocacy. It’s been five long years of saying “wood is good” for the OHBA, BILD and many other organizations. Our outpouring of support started in 2009 after British Columbia adopted legislation allowing six-storey wood. There are now more than 100 building projects in the western province, with more than 5,000 new housing and rental options. Along the way, BILD commissioned the May 2013 release of a report called “Unlocking the Potential for Midrise Buildings: Six-Storey Wood Structures.” Former City of Toronto chief planner Paul Bedford, who authored the report, wrote that six-storey, midrise buildings could fill gaps in areas that are well served by infrastructure and transit. This could help meet the demands of the increasing population of the GTA, with up to 100,000 people moving here ever year. Among the many other voices that have been making a push for six-storey, wood-frame construction are: the Residential Construction Council of Ontario (RESCON), the Canadian Wood Council (CWC), the Ontario Forestry Industries Association (OFIA) and Wood WORKS! They all deserve credit for working tirelessly so that this amendment would be approved. Our provincial partners should be praised, too, for their great display of leadership on this issue, including Premier Kathleen Wynne, Minister McMeekin and Minister of Natural Resources and Forestry Bill Mauro. BILD now looks forward to working with our municipal partners to ensure that we see the implementation of this exciting initiative. It’s going to be a great New Year!
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OCTOBER 11 - 25, 2014 NEW CONDO GUIDE 011
TABLE OF CONTENTS
Oct 11 – 25, 2014 VOLUME 18 ISSUE 19
20
MONARCH PRESENTS
year-round views, waterfront lifestyle
COLUMNS, NEWS & FEATURES 002 EDITOR’S NOTE COLUMNISTS
010 BILD REPORT Six-storey wood-frame homes a game changer BY BRYAN TUCKEY
014 LEGALLY SPEAKING Not every lawyer is a real estate lawyer BY JAYSON SCHWARZ
016 CONDO PRO How “downsize” becomes “rightsize”
BY BARBARA LAWLOR
033 HOME SWEET HOME Housing affordability, mortgage rates and your future BY LYDIA MCNUTT
038 INSIDER INSIGHT Building brands
BY LAWRENCE AYLIFFE
048 INVESTOR ADVICE What every investor should know about occupancy fees BY ANDREW LA FLEUR
050 STAT CHAT Did you hear that prices in Canada’s housing market could fall by 40 to 50 per cent? BY BEN MYERS
056 FUNDAMENTALLY SPEAKING What type of home should you buy? BY WAYNE KARL
076 MAKE YOUR MOVE Understand your moving contract BY CHUCK RESNICK
082 DESIGNER ADVICE How to live large in a small space BY YANIC SIMARD
090 FITNESS GALLERY It’s not too early for holiday exercise BY MARK J. STABLES
IN THE NEWS
022 EVENT Get ‘Smashed’ on Oct. 24 028 GREAT GULF Great Gulf recognized with five OHBA Awards 046 MINTO Innovation, ingenuity and community propel Minto to its second OHBA Builder of the Year award in the last three years
102 TARION REPORT Five steps to happy homebuying
068 DUNDEE KILMER Toronto’s next great neighbourhood: Exploring Canary District
104 QUICK TIPS Use the wall to store it all
074 SALES REPORT Another strong month for GTA new-home sales
BY HOWARD BOGACH
BY HELLEN BUTTIGIEG
052
026 092
100
CONDO PROFILES
026
GREAT GULF
Monde A world of great news at Great Gulf’s Monde
052
106
THE DANIELS CORP.
One Park Place South Model suite and model townhome stunning examples of life in Regent Park
092 MINTO
Minto Yorkville Park Minto induces address envy yet again in Yorkville with Minto Yorkville Park
100
ARAGON PROPERTIES
Enigma on the Park Boutique-style condominium coming to Toronto’s Bloordale neighbourhood
094 EMPIRE, PACE & FORTRESS Breaking ground at Ten88 128 ADI DEVELOPMENT Adi Development Group hosts Reboot outdoor bootcamp fundraiser
106
130
ICON HOMES
HOMEBUYERS’ HELP
032 HOT DATES What’s happening in and around the GTA
066 MARKETPLACE In shape
108 CONDO HUNTER’S CHECKLIST
040 CITY LIVING River City tackles Toronto’s age-old question: East vs West?
078 MONEY MATTERS Money mistakes couples make
122 CONDO WATCH 905 Previews, new releases and grand openings in the 905
060 STYLE FILE Suite dreams
BY JO ALCORN
BY ELISA KROVBLIT
BY GAIL VAZ-OXLADE
088 CONDO WATCH 416 Previews, new releases and grand openings in the 416
137 CONDO BUYERS’ RESOURCE SECTION 142 ADVERTISER INDEX
The Royal York Urban Towns The Royal York Urban Towns offer affordable living in Toronto
130
ADI DEV. GROUP
LINK2 Condos + Lofts Early release of LINK2 Condos + Lofts confirms Burlington’s embrace of contemporary design
LEGALLY SPEAKING
Not every lawyer is a
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.
N
ot all lawyers are created equal. If you needed a heart surgeon, you certainly would not go to see a podiatrist. By the same token, lawyers generally have expertise in one area greater than another. Do not believe that the g ranting of a law degree instantly bestows knowledge of all laws on the head of a lawyer. The first thing you need to do to find a lawyer is the same thing you ought to be doing to find a home – research! Where do you look? Start with media and look in magazines (editor’s note – you already have your issue of New Condo Guide, so you’re off to a good start!), newspapers, listen to radio, watch real estate television. Generally speaking, the lawyers who appear in public, speaking or writing about real estate, are thought to be experts in the area. Go to seminars and listen to the 014 NEW CONDO GUIDE OCTOBER 11 - 25, 2014
// BY JAYSON SCHWARZ
REAL ESTATE LAWYER speakers. Generally, if a lawyer is taking the time to participate in a seminar, he/she knows what he/she is talking about and is happy to take on new clients that come out of those seminars. Next, go online and check out the websites of different real estate lawyers. Look to see whether they give good, informative advice; whether they give you pricing; and whether they make you feel comfortable. Call the Law Society of Upper Canada, Lawyer Referral Service. This service keeps lists of lawyers and refers requesting members of the public to lawyers who practice in the area requested. This just gets you someone in the area. You really need to check them out when referred. Speak to friends who have used a lawyer for the type of service you require and ensure they did the job professionally, courteously and for the price quoted.
Speak to friends who have used a lawyer for the type of service you require and ensure they did the job professionally, courteously and for the price quoted Who is making the referral? Is the referral coming from a real estate agent, a mortgage broker or a bank? This is not necessarily bad, but you have to be careful. Quite often, lawyers develop relationships with various groups over the years and receive referrals because they do a great job. On the other hand, ensure that your lawyer is independent and will represent your interests even if it puts him/her into an adversarial position with one of those parties. This is quite important, so make sure you are comfortable with this issue before you hire someone. Now to bring this back to the original idea, what you need to understand is that there are general law practitioners just like there are family doctors. What this means is that a lawyer may have a wideranging practice composed of many areas. The smart lawyer who falls into this category knows that if there is a serious issue that arises outside of their expertise they should bring in a specialist, just like your family doctor would. The bad lawyers try to do it all. The general practitioner can probably handle your real estate deal just fine, but make sure he/she understands any complicated offers and that he/she reviews them carefully, pointing out any problems. Ensure that he/she knows what can be negotiated and what cannot, or you may lose your deal. Remember, your lawyer is a very important part of the process, so take your time and find the right one.
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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.
OCTOBER 11 - 25, 2014 NEW CONDO GUIDE 015
CONDO PRO
How “downsize” becomes
Barbara Lawlor is president and CEO of Baker Real Estate Inc., and an in-demand columnist and speaker. A member of the Baker team since 1993, Barbara oversees the marketing and sale of condominium developments in the GTA and overseas.
T
he notion of empty-nesters moving from a large home to a condominium suite has been referred to as “downsizing,” but I have always felt that term lacking. In fact, I call it “rightsizing,” because it means selecting a new home that fits the lifestyle you want to lead. The term “downsizing” carries with it the notion that buyers opting for smaller square footage accept a lesser lifestyle as well, which is simply not true. Many buyers who go condo actually move up in luxury and comfort. There are oh, so many advantages to making this move. People who live in two- and three-storey homes may not truly appreciate the efficiency of living on one level or the livability of modern condo designs. Developers have worked diligently to come up with innovative floor plans that 016 NEW CONDO GUIDE OCTOBER 11 - 25, 2014
// BY BARBARA LAWLOR
“RIGHTSIZE” maximize space. Just think for a moment about a 2,000-sq.-ft. lowrise home, which may contain a lot of unusable space such as stairways, landings and hallways. Today’s 1,200-sq.-ft. condominium suites may actually have as much usable floor space. When you shop, compare apples with apples. Square footage does not tell the complete story. In a condominium, a smaller floor plan may be just as satisfying. And today’s condominiums are so well built and beautifully appointed with remarkable amenities, that a little less space in the individual suites simply means less cleaning to do. Now, keep in mind that right-sizing can mean moving up in size as well. This is the beauty of modern condominiums – there is something for everyone who wants to enjoy the carefree condo lifestyle. Growing families will find two-bedroom-plus-den and three-bedroom designs to match their needs. These suites are also selling to retired couples who like to have their children and grand kids visit. I know a couple who downsized when the kids went off to university, but found they missed having the extra space for visitors, so they rightsized themselves into a larger condominium. They also love the fact that condominium amenities enable them to keep up long-standing traditions, such as hosting large family dinners, wedding and baby showers, birthday celebrations or other get-togethers. Today’s buildings have gorgeous dining and party rooms, some with caterer’s kitchens and serveries. Adding to the entertaining potential, most condos have outdoor areas such as courtyards, gardens and terraces with barbecue facilities and seating, outdoor pools, indoor pools, whirlpools, theatres, billiards rooms and more. Whatever stage of life you are at, a condominium offers a multitude of opportunities to gather with friends and family members to just chill out or celebrate in a big way. One of the major draws of condominium living is that people who love to travel can leave without the worry of lawn maintenance and security. With home prices in Toronto continually going up, many lowrise owners sell their homes here for such a good price that they move to a condominium and still have enough left for a vacation property in Florida! How we do love condos in the GTA! And why not? First-time buyers find condo prices more within their financial reach, and the buildings are so close to public transportation that they may not need to own a vehicle. Busy professionals whose lives are so hectic that leisure time is elusive enjoy freedom from time-consuming maintenance, and the fact that they can exercise and socialize without having to leave home, once they get home. The great news is that across the GTA, there is tremendous choice in the condominium market. Whatever your pocketbook and needs, you can find just the right suite. And then you can rightsize your life the condominium way!
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.
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Go on vacation every time you come home
Move-in this Year!
That’s what owning Monarch on the waterfront is like. Monarch offers three landmark condominiums on the sought-after Humber Bay Shores waterfront. Impressive lobbies. Water views. Concierge services. Luxury amenities. Lounges and rooftop terraces. Nearby bars and restaurants. For resort lifestyle, Monarch has the waterfront covered. Choose Monarch first.
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. 13217
first.
FOREVER
COMING SOON: 24 KARAT LIVING 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.
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
OCTOBER 11 - 25, 2014 NEW CONDO GUIDE 019
COVER STORY
Pictured: 1 Lago 2R iva del Lago 3 Waterscapes
1
YEAR-ROUND VIEWS, WATERFRONT LIFESTYLE for 97 years, Monarch builds quality homes with an emphasis on design for families to raise their children and build memories that last a lifetime. Monarch has been creating exceptional communities since 1917. Monarch’s commitment to those ideals hold true today as they continuously strive to create liveable communities that buyers are proud of, with a deeply instilled ethic of personal service. Thanks to its customers, Monarch has received numerous accolades and awards, and is consistently ranked among the top homebuilders in the GTA. AS ONE OF CANADA’S MOST EXPERIENCED AND TRUSTED BUILDERS
Monarch on the waterfront – three landmark condominiums “Resort chic” is just the right phrase to describe the incredible waterfront community Monarch is building in Etobicoke at Humber Bay Shores. This irresistible lake-side community offers the opportunity to live a year-round resort lifestyle. In true resort style, Monarch is building three 020 NEW CONDO GUIDE OCTOBER 11 - 25, 2014
distinct condominiums in this master-planned community: Riva del Lago, Lago and Waterscapes. Each condominium residence is designed to capture the essence of resort living with open, airy layouts offering breathtaking views spanning Toronto’s calm lake scenery and vibrant city. The imaginative design of the suites and impeccable finishes, customdesigned kitchens, and spacious balconies/terraces maximize on the panoramic views of Lake Ontario. Set directly across from the lake-front parks along the Martin Goodman Trail, each building offers an enviable lifestyle minutes from the downtown core. Riva del Lago is a graceful 16-storey boutique-style residence with a five-storey podium boasting unobstructed views of Lake Ontario. Currently in the preconstruction phase, the building will feature two professionally designed and decorated lobbies, including a stunning two-storey main lobby right on Marine Parade Drive. The condominium will consist of 157 suites ranging from 551 to 1,442 sq. ft. Prices start from the $300,000s. Award-winning architects Graziani & Corazza created a number of stand-out features like dream kitchens, baths with five-ft. soaker tubs, separate showers, and extraordinary living spaces. A host of eco-friendly initiatives have been incorporated into these exceptional designs to provide suite owners with greener, more energy-efficient surroundings. Construction on the distinctively shaped Lago condo is
rapidly progressing and is now 90 per cent sold. Suites range from 424 to 1,408 sq. ft. and start from the $200,000s. All suites will have nineor 10-ft. ceilings, kitchens with granite or composite countertops, stainless steel appliances, and a breakfast bar or island (as per plan) that doubles as a food prep ares – an ideal place to enjoy a glass of wine with friends. Residents of both Lago and Riva del Lago will enjoy separate club amenities that will soothe your soul and rejuvenate your senses including fitness centres, theatre rooms with cinema style seating and designer decorated party rooms with billiards tables. All homeowners can enjoy a soothing dip in Lago’s indoor pool, or relax in the hot tub and saunas. Waterscapes – a glimmering spiral tower of sky-scraping elliptical glass – is also nearing completion and will welcome homeowners this year. Only four suites are now available with prices starting in the $400,000s. Suites come with a number of unique features: a spacious balcony, kitchen island with a temperature-control wine fridge (as per plan), and panoramic views through stunning floor-to-ceiling windows. Residents also gain access to Waterscapes’ elegant terrace, complete with barbecues and beautifully landscaped leisure spaces. Here, one can lean back in a lawn chair and watch the sunset paint a beautiful backdrop to Toronto’s world-class skyline in the distance. Outside, residents can explore the network of waterfront trails that stretch across the undisturbed peripheries of Toronto’s parkland and western Lake Ontario shores. Walk, bike or blade this incredible span, from calm and meandering nature trails, to the dynamic array of weekly farmers markets, festivals and lively events. Riva del Lago, Lago and Waterscapes community is the centrepiece between the shoreline’s tranquil outdoor culture, and an inclusive daily access to one of North America’s most happening cities. Join this master-planned community of trendy cafes, intimate shops and fabulous boutiques waiting right at your doorstep. Shopping and entertainment outlets are around the corner, with a 24-hour Sobeys, Sherway Gardens, and Cineplex a mere stone’s throw away. Enjoy access to the Gardiner Expressway, as well as the QEW, Hwy. 427, the Mimico GO station and TTC, which can get you to the downtown core in minutes.
ABOUT THE COMPANY
Headquartered in Toronto, Canada Monarch is one of Canada’s oldest and largest homebuilders. Monarch has consistently been recognized in the homebuilding industry and by its customers for superior quality and outstanding customer satisfaction. Monarch builds and develops singlefamily detached and attached homes in Toronto and Ottawa and builds high-rise condominiums in the GTA. Monarch focuses on style, design, quality and livability in all of its homes and is the Canadian brand of Taylor Morrison Home Corporation. For more information on Monarch, please visit monarchgroup.net. 2
3
Celebrate with Monarch and save Monarch understands that it’s not just about saving money, but also living better. That’s why, they want to help homeowners realize their dream of ownership by offering them the chance to not only save money, but also live even better. Ask about Monarch’s limited-time offers. Visit Monarch’s Experience Centre located at 2167 Lake Shore Blvd. West and call 416.495.3544 for more information on what this waterfront highrise community can offer you. Choose Monarch first, and let them help you start planning for your new life on the shores. With enough waterfront views, beautiful trails, luxurious pool amenities and entertainment facilities to last a lifetime of relaxation, this year, your move-in day might just feel more like a vacation. OCTOBER 11 - 25, 2014 NEW CONDO GUIDE 021
EVENT
GET ‘SMASHED’ ON OCT. 24
Third annual ping pong charity tourney WHAT HAPPENS WHEN GOOD FRIENDS, PING PONG ENTHUSIASTS AND A GOOD
cause come together? The third annual Smashed Charity Ping Pong Tourney and Party. Co-chairs Robert Galletta of Blackjet Inc. and Fabrizio Cortellucci of Zancor Homes couldn’t be more thrilled with the early results of this year’s event, which takes place Fri. Oct. 24 at Muzik – one of Toronto’s hottest nightclubs. “The response from friends and business associates has been astonishing. We are truly humbled by the support and excitement from the real estate community and beyond,” says Cortellucci. In it’s previous two years, Smashed raised $45,000 for charities and this year, they will surpass their previous two-year total.
This year, Smashed will be raising money for Lifeline – a charitable foundation recently launched by Lifetime Developments, whose mission is to provide aid and support for Toronto’s homeless and at-risk communities. “We’re really excited to be working with Smashed, which is helping our foundation raise money and awareness for one of our city’s biggest issues. There are approximately 5,000 homeless people in Toronto and thousands on the wait list for supported housing. As a professional in the new home building industry, this cause is near and dear to my heart,” says Brian Brown, vice-president at Lifetime. Guests can purchase a Party-On ticket for $150, join the lighthearted Mixed-Doubles Tournament for $175, or if you’re feeling courageous, participate in the Elite Singles Tournament for $250. Admission includes a deluxe open bar, delicious appetizers, a live 022 NEW CONDO GUIDE OCTOBER 11 - 25, 2014
auction featuring BMWs courtesy of Endras Automotive Group, and amazing music from DJ MKutz. Corporate sponsors can enjoy VIP booths with bottle service (although booths are just about sold out). “We wanted to throw an event that didn’t feel like a stuffy, corporate fundraiser. Life’s too short not to have a little fun with good people for a great cause,” says Galletta. “Whether you like ping pong or not, if you enjoy good music, good food and good company then you’ll definitely like Smashed.” Participation honours every person who has been affected by homelessness, and helps those who may be affected in the future. Be sure to get your tickets early. Doors open at 7 p.m. with tournament play beginning at 7:30 p.m. Visit smashedpingpong.com.
IT’S MORE THAN A CONNECTION $15,000 CASHBACK
2-BEDROOMS AND LARGER
10% DEPOSIT
$3,000/MONTH RENTAL GUARANTEE FOR 2 YEARS ON 2-BEDROOM, NON-TERRACE SUITES
FREE ASSIGNMENT & CAPPED LEVIES PRESENTATION CENTRE
373 KING STREET WEST SUITE 302, TORONTO, ON. M5V 1J6
T E LE P H O N E : 416. 546. 7525 I N FO @ B O N D . C A | T H E B O N D . C A
SALES CENTRE HOURS S A T. & S U N. 12PM - 5PM OR BY A PPOINTM E NT
OCTOBER 11 - 25, 2014 NEW CONDO GUIDE 023
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
$560,000s
Sales Centre 33 Bloor St. E 416.922.0081 onebloor.com
Coming soon. 024 NEW CONDO GUIDE OCTOBER 11 - 25, 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
$350,000s
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
OCTOBER 11 - 25, 2014 NEW CONDO GUIDE 025
CONDO PROFILE
A world of great news
AT GREAT GULF’S MONDE
m
onde is a whole new world on the water and the centrepiece of Toronto’s next great neighbourhood. Its proximity to the downtown core and enviable lake-front location make it one of the world’s most desirable waterfront communities. Combining tranquil green space with the energy of downtown, it’s city and waterfront living re-imagined. Developed by Great Gulf, the condominium is situated on one of the final few waterfront properties in Toronto’s East Bayfront area. Monde is attracting discerning purchasers who appreciate breathtaking views of the lake combined with a modern urban lifestyle. Residents will benefit from the area’s new infrastructure including extended TTC lines across Queen’s Quay, the fastest broadband network in the city and Waterfront Toronto’s master-planned public realm. There has been a lot of excitement around Monde this season with many announcements shared, and accolades garnered in the past few weeks.
026 NEW CONDO GUIDE OCTOBER 11 - 25, 2014
Most Outstanding High-Rise of the Year
Recently, Great Gulf was a twotime winner at the 2014 Ontario Home Builders’ Association (OHBA) Awards of Distinction, taking the prestigious Most Outstanding High-Rise Building distinction as the crown jewel. “Great Gulf strives to create innovation. Part of our success is offering consumers choice. The modern customer is pretty sophisticated, worldly and more demanding in terms of design and aesthetics,” says Christopher Wein, president, Great Gulf Residential. Great Gulf enlisted an internationally renowned design team to create an iconic silhouette that will enliven the skyline. Monde
MONDE IS A WHOLE NEW WORLD ON THE WATER AND THE CENTREPIECE OF TORONTO’S NEXT GREAT NEIGHBOURHOOD features stunning architectural design by Moshe Safdie in collaboration with Quadrangle Architects. Striking interiors by Cecconi Simone were recognized by OHBA as ‘best high-rise kitchen.’ World-class amenities are by Janet Rosenberg. The result is a condominium that will take its place among the unique place-makers in cities such as Dubai, Shanghai and Chicago. Spring 2015 construction start announced
Sales have been so successful that Great Gulf has announced the start of construction for spring of 2015. Now is the time to become part of Toronto’s next great neighbourhood. Suites range from one-bedroom to three-bedroom designs in sizes from under 486 to 1,655 sq. ft. Prices begin at just $310,000. New floor plan unveiled with special introductory pricing
In other big news, Great Gulf has also introduced a brand new floor plan – the Tower Suite 1D-C. At 682 sq. ft., this junior two-bedroom corner design is a masterpiece of efficient space usage, and features a 55-sq.-ft. balcony with inspiring city and lake views that allows natural light to flood the suite. Special introductory pricing is available for this suite for the month of October. Residents can customize finishes in the Tower Suite 1D-C in a way that best speaks to them, with a choice of granite or Corian kitchen countertops in a variety of colours, options of designer-selected prefinished engineered flooring, as well as a selection of porcelain floor tiles for the washroom. You can purchase with confidence from Great Gulf. For almost 40 years, the company has built more than 40,000 homes, with Yonge+Rich and One Bloor condominiums also in their development portfolio. Innovative technology, inspired design and committed customer service provide Great Gulf homeowners with unmatched comfort and peace of mind. This is how Great Gulf delivers the “Live Greatly” promise. Visit the Monde presentation centre at 291 Lakeshore Blvd. E., open Monday to Thursday from noon to 7 p.m.; Saturday and Sunday from noon to 6 p.m.; Friday closed. Call 416.466.8885 or visit MondeCondominiums.com. OCTOBER 11 - 25, 2014 NEW CONDO GUIDE 027
IN THE NEWS
GREAT GULF RECOGNIZED WITH FIVE OHBA AWARDS
including the Prestige Award for Project of the Year THE ONTARIO HOME BUILDERS’
Great Gulf was recognized for:
Association (OHBA) Conference, held Sept. 21 to 23 at the Ottawa Convention Centre, recognized Great Gulf with five awards including the coveted Prestige Award for Project of the Year, among others. In all, Great Gulf was recognized with 17 nominations in 11 categories. Finalists were judged on entries from across the province encompassing 39 categories of building, design, sales and marketing.
Architectural Design: Most Outstanding High-Rise Building (11+ Storeys) MONDE Room Design: Most Outstanding High or Mid-Rise Condo Suite Kitchen MONDE On Site Sales Presentation: Best New Home Sales Office (1,501 sq. ft. and over) YONGE + RICH Best High or Mid-Rise Project: Sales Brochure (4+ Storeys) YONGE + RICH
PICTURED:
Erica Wark, OHBA emcee, and Christopher Wein, president of Great Gulf Residential
028 NEW CONDO GUIDE OCTOBER 11 - 25, 2014
And the coveted Prestige Award
Project of the Year High or Mid-Rise: YONGE + RICH
“It was really exciting to receive 17 nominations in 11 categories, which is a testament to the commitment and hard work of our Great Gulf team. We brought home the Prestige Award for Project of the Year with Yonge + Rich and four other awards. Great Gulf strives to create innovation. Part of our success is offering consumers choice. The modern customer is pretty sophisticated, worldly and more demanding in terms of design and aesthetics. We focus on product development and design, and create living spaces with an emphasis on ergonomics,” says Christopher Wein, president, Great Gulf Residential. Toronto is considered one of the most diverse cities in the world. People are changing the way they live, work and play. Forty years ago, they didn’t have the services that are now available. Buildings like Monde and Yonge + Rich, architectural statements with beautiful indoor and outdoor amenities, will be landmarks for generations to come. Established in 1975, the Great Gulf Group of Companies including Great Gulf, Ashton Woods Homes, First Gulf Corporation, Tucker HiRise Construction, Brockport Systems Ltd. and Taboo Resort Golf and Spa, is one of North America’s premier real estate organizations. With major projects in Canada and the United States, the company’s fully integrated activities span the entire real estate spectrum.
CHAZ. YORKVILLE. ELEVATE YOUR LIFESTYLE. Chaz Yorkville Condominiums located in Yorkville just steps to world-class shopping, dining, culture and subway. Chaz Yorkville gives you access to the spectacular Chaz Club entertainment lounge in the sky located on the 36th and 37th floors with panoramic views. Upscale amenities include outdoor courtyard with wet bar and private dining room, hotel-style lobby with fireplace and state-of-the-art gaming room. The best in fitness, yoga and leisure for well-being. This is Yorkville living at its finest. Touches of glamour that welcome you home.
TAKE ADVANTAGE OF OUR LIMITED TIME INCENTIVES
OWN FROM THE $300’S I 5% DEPOSIT* UP TO $35,000 CASHBACK** 2 YEAR LEASEBACK* I MOVE IN SPRING 2015
Sales Centre
Dupont St.
Bloor St.
Church St.
Avenue Rd.
Yorkville Ave.
45 Charles St. E. Yonge St.
Bay St.
U of T
Isabella St.
Wellesley St.
VISIT THE SALES CENTRE TODAY! CHAZYORKVILLE.COM | 416.922.0045 SALES CENTRE LOCATED AT 101 YORKVILLE AVE. SITE LOCATED AT 45 CHARLES ST. EAST MON. – THURS. & SAT. – SUN.: 12PM – 6PM, FRI & STATUTORY HOLIDAYS: CLOSED EXCLUSIVE BROKER BAKER REAL ESTATE INC. BROKERS PROTECTED. *SPEAK TO A SALES REPRESENTATIVE FOR MORE DETAILS. **APPLIES TO SARTI AND LAMARO 1 BEDROOM + DEN SUITES ONLY. PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. ILLUSTRATIONS ARE ARTIST CONCEPT. E&O.E.
OCTOBER 11 - 25, 2014 NEW CONDO GUIDE 029
030
031
HOT DATES
OCTOBER 2014 Calendar of events taking place from Oct. 11 – 25
HIGHLIGHTS
OCT. 23-27
Art Toronto
OCT. 25
Smashed2014
Oct. 23 – 27
Oct. 25
Art Toronto
Smashed2014
METRO TORONTO CONVENTION CENTRE
MUSIK, 15 SASKATCHEWAN RD., TORONTO
Experience art in living colour, at Art Toronto: Toronto’s International Art Fair. Founded in 2000, this annual fall event is Canada’s only contemporary fine art fair, offering visitors unique access to the Canadian art market. Check out more than 100 select galleries, special projects, exhibits, a full VIP program and dynamic cultural offerings. Visit online for tickets and additional information. ArtToronto.ca
The Smashed Annual Charity Ping Pong Tournament, one of the development industry’s most anticipated annual charity events, has announced that all proceeds from this year’s event will go toward supporting Lifeline – a charity established by Lifetime Developments, whose mandate is to aid and support Toronto’s homeless and at-risk population. Visit the website for more information and to purchase tickets to support this worthy cause. SmashedPingPong.com
Until Oct. 31
Until Nov. 2
UNTIL OCT. 31
Halloween Haunt at Canada’s Wonderland
UNTIL NOV. 2
My Waterfront Photo Exhibit
032
Halloween Haunt
My Waterfront Photo Exhibit
CANADA’S WONDERLAND
QUEEN’S QUAY TERMINAL
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
Experience Toronto’s Waterfront through the eyes of amateur photographers. From hundreds of entries, a panel of judges have selected the top 50 submissions that will be on display at Queen’s Quay Terminal until Nov. 2. Check out the displays and help decide the winner of the People’s Choice Award. waterfrontbia.com/events.asp
Coming Soon to Yonge + Eglinton.
Condos starting from the mid $200’s Register your interest at menkes.com facebook/MenkesLife
@MenkesLife
PARTY ROOM DINING
LOBBY LOUNGE
PARTY ROOM BILLIARDS
Yonge + Heart. The Eglinton truly is Yonge at heart. Discover this elegant new condominium at the cosmopolitan junction of Yonge + Eglinton, one of the most connected corners in the city. Located on Eglinton Avenue East in the prime midtown area just steps from the TTC, LRT, shopping, theatres, restaurants and more. Where life’s experiences are closer to the heart in one of the city’s most desirable neighbourhoods.
Condos starting from the mid $200’s Register your interest at menkes.com facebook/MenkesLife
@MenkesLife
Coming Soon Yonge & Eglinton, Toronto Register now at menkes.com
Coming Soon York & Harbour, Toronto Register now at menkes.com
Now Open Peter & King, Toronto Starting from $281,990 416.977.8780
Construction Starting Church & Carlton, Toronto Starting from $241,990 416.591.7700
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. October 2014. 24473
HOME SWEET HOME
// BY LYDIA MCNUTT
HOUSING AFFORDABILITY,
Lydia McNutt is an award-winning writer and editor of New Condo Guide. Lydia’s love of architecture, interior design and the written word have landed her happily at home at Wall2Wall Media, where real estate rules. Email Lydia.McNutt@wall2wallmedia.com, and follow her on Twitter @LydiasTweets
I
f you’re shopping for a home in any of Canada’s larger markets, you’re likely experiencing some sticker shock. But good news – housing affordability has improved slightly in the second quarter of 2014, according to RBC Economics’
mortgage rates and your future
latest Housing Trends and Affordability Report. Before you break open the bubbly, it’s not that the price of homes has dropped – in fact, prices have increased. Rather, it’s the record-low mortgage rates that have tempered Canada’s high cost of housing. And as we’ve all been hearing, what comes down must go up. RBC’s housing affordability index captures the proportion of pre-tax household income required to own and operate a home at current market value. The greater the measure, the worse the affordability. For example, a measure of 50 per cent means owning a home – including mortgage payments, utilities and property taxes – will eat up 50 per cent of a typical household’s pre-tax income. According to the report, the affordability measure declined by 0.9 percentage points from the first quarter of 2014 to 48 per cent for twostorey homes; dropped by 0.6 percentage points to 42.5 per cent for detached bungalows; and fell 0.4 percentage points to 27.4 per cent for condominium apartments. To put these numbers in perspective, when you’re applying for a mortgage, lenders add up your housing costs and calculate what percentage they are of your gross monthly income, known as your Gross Debt Service ratio (GDS). According to Canada Mortgage and Housing Corp., your GDS should be 32 per cent or less of your pre-tax household monthly income. A GDS of 32 per cent and an affordability index of 48 per cent is quite the gap.
OCTOBER 11 - 25, 2014 NEW CONDO GUIDE 033
ONTARIO HOMEBUYERS UNDISTURBED BY AFFORDABILITY STRAINS What does this mean for homebuyers? Quite simply, they’ll have to increase their income, or decrease their housing budget – and expectations. If you’re dreaming of a single-detached, two-storey life, be prepared to spend 48 per cent of your pre-tax income, providing you earn at least an “average” income. After taxes and living expenses, that doesn’t leave much for your rainy-day fund, never mind retirement in 35 years! Adding a little fuel to the burning issue of housing affordability is the mortgage rate factor. Yes, rates still sit at record lows, but not for long, according to the report. “Longer-term rates will begin to rise later this year in anticipation of a return to tightening mode by the Bank of Canada in 2015. While continued growth in household income will provide some offset, we expect rising rates to erode housing affordability across Canada and weigh on homebuyer demand.” So, what can you do to insulate yourself from the looming threat of rising rates? Simple – plan ahead. Stress-test your mortgage against a higher rate before you commit to any purchase. Sure, you may be able to afford your dream home at today’s mortgage interest rate of 2.99 per cent, but in five years when it’s time to renew at 5.99 per cent, will you still be able to make those payments? Factor in all your expenses. Do you have student loans? Do you drive a car? Do you expect to eat on a daily basis? Do you have kids, or are you planning to in the future? Do they expect to eat too? And don’t forget about those retirement savings!
You may be able to afford your dream home at today’s mortgage interest rate of 2.99 per cent, but in five years when it’s time to renew at 5.99 per cent, will you still be able to make those payments? 034 NEW CONDO GUIDE OCTOBER 11 - 25, 2014
From the report...
“Housing affordability changed very little in Ontario in the second quarter. At the margin, owning a home became slightly easier in the province; however, this was insufficient to reverse ongoing (mildly) deteriorating affordability trends. Ownership costs have come under mounting pressure in recent years in markets like Toronto, where property values keep on moving upward. The latest readings of RBC’s measures continue to suggest that affordability may be moderately strained in the province – although this primarily reflects the situation in Toronto. Still, Ontario homebuyers do not appear to be overly disturbed by any affordability issues at this point. Home resales picked up smartly in the second quarter in the province, thereby suggesting that the decline in the first quarter indeed had more to do with unusually poor winter weather than any underlying weakness. That being said, lower mortgage rates no doubt provided an extra push. Lower rates were the main factor contributing to marginal declines in RBC’s measures in the second quarter, which edged lower by 0.1 and 0.2 percentage points.”
Consult a financial adviser to help you determine what will work within your budget. With a clear view of the big picture, it’s easier to plan ahead and purchase a property with confidence. Buying a home is hugely rewarding, providing you’re prepared. Do your homework well in advance, and come mortgage renewal time and those Bank of Canada rate announcements, you won’t break a sweat.
RICHMOND HILL
DANFORTH AVE.
284,000 $ M O R F E LIV
302,900 $ M O R F E LIV
$253,000 M O R F E IV L
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
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*As per price list. Limited time offer. Offer based on a select number of units. Price, information and program subject AVE.to ORTH DANFcations and change without notice. For qualified buyers on approved credit. All renderings are artist’s concept. Prices, specifi availability subject to change without notice. E&O.E. Brokers protected. See Sales Representative for details.
OCTOBER 11 - 25, 2014 NEW CONDO GUIDE 035
MOVE UP TO LUXURY LIVING 2 BEDROOMS + 2 BATHS + 2 BALCONIES FROM $359,000 FOR A LIMITED TIME* Where style meets comfort, choice meets convenience and all the best things in life are at your doorstep. Welcome to the new vision of condominium living at Highway 7 and Weston in the heart of Woodbridge. Combining the finest in nextgeneration condominium living with the area’s best shopping, dining, transit, parks and more. Centro Square is where it all comes together.
HIGHWAY 7
HIGHWAY 407
* Limited time offer, restrictions apply. On select units. Prices do not include parking. See Sales Representative for details. All illustrations are artist’s concept only. © 2014 Liberty Development Corporation. All rights reserved. Brokers protected.
036 NEW CONDO GUIDE OCTOBER 11 - 25, 2014
905-851-8877
CENTROSQUARE.CA
STEELES AVE.
HIGHWAY 404
Monday - Thursday 12 p.m. - 7 p.m. Weekends & Holidays 12 p.m. - 6 p.m.
HIGHWAY 400
7887 WESTON RD. UNIT#5
HIGHWAY 427
NEW SALES OFFICE WESTON RD.
GRAND OPENING
PARKSIDE LIVING HAS NEVER BEEN SO ENCHANTING
Live in the heart of vibrant Thornhill City Centre, close to shopping, dining, public transit, golf courses, parks, places of worship, libraries and schools.
BEVERLEY GLEN BLVD.
CENTRE ST.
All illustrations are artist’s concept only. © 2014 Liberty Development Corporation. All rights reserved. E.&O.E. Brokers protected.
LegacyParkCondos.com 905-731-8302
YONGE ST.
BATHURST & CENTRE STREET
407 BATHURST ST.
SALES CENTRE ON BEVERLEY GLEN JUST WEST OF BATHURST
TTC/VIVA
STEELES AVE W.
OCTOBER 11 - 25, 2014 NEW CONDO GUIDE 037
INSIDER INSIGHT
// BY LAWRENCE AYLIFFE
BUILDING BRANDS
Lawrence Ayliffe is founder and chairman of L.A. Inc., one of North America’s leading real estate branding and marketing firms. Lawrence can be reached at Lawrence@la-ads.com
I
n a highly competitive condominium market, such as Toronto, home hunters don’t often consider the thought that goes into the branding of new developments. Many people believe that a brand is simply a catchy name and a unique logo – and yes, that is part of it. But what the brand of a new condo really constitutes is the total package of its offering: location, architecture, interior design, finishes, features, amenities, price, the credibility of the builder, what their values are, and what they stand for. For home builders and marketers, the first step in developing a successful brand for a condo project,
The first step in developing a successful brand for a condo project is determining the target market 038 NEW CONDO GUIDE OCTOBER 11 - 25, 2014
or for that matter just about any product or service, is determining the target market. The old axiom, “if you build it, they will come,” is no longer relevant. Today’s home builders have to know just about everything about the purchasers they aim to reach – their plans, dreams, aspirations, ambitions, and the requisite demographic, psychographic and economic data. A particular location may be the determining factor for the decision to buy, as may be one or all of a development’s other brand attributes. A successful brand is also vital to the condo investor market. Those people who buy with the intention of renting will find it easier and, possibly, financially advantageous, to purchase in a building that has been successfully branded. With words and pictures, the developers translate and communicate the appropriate brand attributes of the development to the buying public. On the marketing side, the process starts with a strategic plan. Then the work and fun begins. WHAT’S IN A NAME?
The process starts with selecting a name. Is it simply the building’s address, or is there something more to it? Does it speak to something that’s distinctive to the site or the building? Does it speak to location? Is it unique? Is it memorable? Does it resonate with those who want to buy and/or live there? Does it have a proprietary value, for the developer or the purchaser? TELLING THE STORY
The next step is defining the personality of the development – the words and pictures that breathe life into the brand. This is the storytelling that captures the essence of the brand. This story may begin with a positioning line or a visual hook, which is expanded and built upon. Everything about bringing a development to market is a highly collaborative affair. It may take hours of creative thinking and refinement. It may be a flash of inspiration. There may always be more than one approach, but there’s only one best approach. LAST BUT NOT LEAST…
The final step is putting it all together in a cohesive, unified package that is consistent with the brand, its attributes and personality. A comprehensive program will connect at every consumer touch point, from both traditional and on-line advertising, to signage, brochures, collateral materials, sales centre design and merchandising, the selling experience itself and follow up. In Canada’s ambitious condominium market, creativity is the only competitive advantage. This applies to everything relating to a brand’s attributes, from the initial site selection, and all elements of the development process, to the moment the project is sold and occupied.
“A pure vision of liberated design.” – Lisa Rochon
ARE YOU READY?
ARCHITECTURE CRITIC, THE GLOBE AND MAIL
STARTING THE LOW $200’S TO $1.4M
QUEEN ST E
KING ST E
RIVER ST
NOW OPEN 5,000 SQ.FT. PRESENTATION CENTRE+ FURNISHED MODEL SUITE PRESENTATION CENTRE+MODEL SUITE KING ST EAST AT LOWER RIVER N
X
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.
COMING SOON
Which side of Toronto rules?
LEARN MORE>> RIVERCITYTORONTO.COM
An intelligent discussion on a not so important issue.
Learn more...
EastvsWestToronto.ca
Join the conversation...
#EastvsWestTO
THE GRAHAM HILL COLLECTION
CITY LIVING
River City tackles Toronto’s age-old question:
EAST vs WEST?
w
hich side are you on? Ask a Torontonian and you’ll get an answer, often passionate – east or west. The divide is as old as the city itself – is your stomping ground of choice east or west of Yonge Street? In Toronto, you know if you’re an east-believer or a west-believer, way down in your heart-of-hearts, it’s a deep-in-your-bones kind of thing as to which side rules. But how many Torontonians have asked themselves how and why they came by their zealous east-west allegiance? Given the fun-filled chance, exactly how would they debate the matter? We’re about to find out.
040 NEW CONDO GUIDE OCTOBER 11 - 25, 2014
River City condo dwellers have it easy – poised on the west bank of the Don, they can spot west Toronto from their home on the downtown edge of the east. The denizens of River City don’t need to come down very hard on which side of Toronto is cooler, friendlier, easier, more chic, worth it, which makes River City, developed by forward-thinking Urban Capital, the perfect locale to referee the definitive, once-and-for-all, argument-ending debate of #EastvsWestTO. Mark it on your calendar now: Wed., Nov. 12, at the River City sales centre on 51 Trolley Cres., where King Street East meets Lower River Street, between 6 and 9 p.m. Moderated by a Toronto mover and shaker, with an audience of plugged-in, influential onlooker participants, Team East and Team West – manned by two local notables each – are going to decide this one for the ages. Urban culture outlet NOW Magazine has come on board to promote the event to its eclectic readership. Some of the issues raised by the panel will be frankly
042
OCTOBER 11 - 25, 2014 NEW CONDO GUIDE 043
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Get a quote now. Visit tdinsurance.com/littlethings or call 1-877-741-1932 TD Insurance home protection is underwritten by TD Home and Auto Insurance Company in Ontario and by Primmum Insurance Company in the rest of Canada. ® The TD logo and other trade-marks are the property of The Toronto-Dominion Bank.
044 NEW CONDO GUIDE OCTOBER 11 - 25, 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 OCTOBER 11 - 25, 2014 NEW CONDO GUIDE 045
IN THE NEWS
AFTER 60 YEARS IN CANADA, IT’S NOT A COINCIDENCE. IT’S A PLAN.
Innovation, ingenuity and community propel Minto to its second OHBA Builder of the Year award in the last three years INNOVATION: THIS YEAR MINTO’S 180 KENT BECAME THE SINGLE
location with the most Leadership in Energy and Environmental Design (LEED) certifications in Canada. Ingenuity: Minto qualified more than 300 homes under the Energy Star standard. Community: The Minto Foundation donates to over 200 charities each year, including $1.1 million to University of Waterloo Faculty of Environment. For the second time since 2012, the Ontario Home Builders’ Association has recognized Minto as Builder of the Year. This esteemed industry award emphasizes outstanding professionalism and integrity within the business, industry and community, and is the culmination of an incredible run of success for the family-owned business. “It’s rewarding and humbling to be recognized by our peers. This was a record-breaking year for Minto and I’m very proud of our team,” says Daniel Belanger, senior vice-president, GTA. “We want to change the way people think about building communities. We want to deliver products the customer can depend on, that are sustainable, and have great value. An award like this lets us know we are on the right path.” In a year full of noteworthy highrise and lowrise projects, the highlights begin with the unprecedented launch of Minto Longbranch. With over 350 sales and 8,000 registrants in less than one year, Longbranch is the most successful debut in company history. The numbers are a testament to Minto’s decision to re-introduce affordability along Toronto’s iconic Lakeshore West in the Long Branch neighbourhood. In North Oshawa, Minto Kingmeadow was singled out as the community of the year by the Durham Region Home Builders’ Association, and new releases were ramped up to keep with surging demand. Minto Orchard Park was another notable success, selling 262 homes in less than one year. But success can be measured by more than just sales. Minto775 was the first building to meet the requirements of Toronto Green Standards Tier 2, a voluntary certification that accounts for reducing light pollution and the urban heat island affect that is present in artificial landscapes. And Minto’s 180 Kent was the first building of its size to achieve LEED Platinum certification, while also securing the most LEED certifications of any building in Canada. This reputation for sustainable building is why Minto was selected to build five zero-energy homes as part of Natural Resource Canada’s ecoENERGY Innovation Initiative (ecoEII). “It all starts with a simple question. What can we do to design a product that will have mass appeal, but still emphasizes quality, still emphasizes the environment and still puts the purchasers and communities first,” says Amanda Wilson Watkins, vice-president of marketing and sales. 046 NEW CONDO GUIDE OCTOBER 11 - 25, 2014
PICTURED:
Amanda Wilson Watkins, vice-president of marketing and sales; Lee Koutsaris, development manager; Vicki Schmidt, director of sales; Natascha Pieper, director of marketing; Vince Santino, vice-president of development; Daniel Belanger, senior vice-president, GTA
Notions of community extend beyond the homes that are built, with a top-down emphasis on community service. Minto employees are encouraged to take paid days off to volunteer and, each can access $500 toward a cause of their choice. Meanwhile, CEO Michael Waters raised $63,000 for cancer research in the “Ride the Rideau” 100-kilometre cycle last year and the company gives to over 200 charities each year that build community through education, sports and recreation, health care, the arts and the environment. Previously, Minto won the OHBA Green Builder of the Year award in 2008, 2010 and 2011 after continuously delivering environmentally friendly building designs, leading-edge waste management strategies, a strong internal culture and support of the sustainable building industry. In 2012, the criteria for the Green Builder of the Year award were incorporated into the Home Builder of the Year award. “The idea that you can be a builder for 60 years without focusing on helping people is foreign to us,” says Belanger. “It’s what we build. Community drives our company.”
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.
register today! mintowestside.com *Prices and specifications are subject to change without notice. Rendering is artist’s concept. E.&O.E.
047
hilarious, clever but with an emphasis on wit. Others will have real significance: infrastructure; culture; entertainment and recreation; trending neighbourhoods; bang-for-your-buck value. Liveability is the name of this game. Where in Toronto is liveability ideal? For the lucky guests who RSVP in time on the East vs West website, the event will be abundantly local. Popular Hogtown food trucks will serve top-choice local nosh with Toronto foodie flair, because no matter where, Toronto loves a food trend. A Toronto brewery will wet everyone’s whistles with some of the locally made beer we’re all favouring. River City intends to build momentum leading up to, and on the night of, via social media posts hashtagged #EastvsWestTO. Post with your argument-ending points and pictures as to why your side of the T Dot has far more special people and places. On the big night, there will be a collage wall where the audience can literally post a token – a picture, a menu, a sign, whatever it takes to make your side unbeatable.
RIVER CITY WILL BUILD MOMENTUM VIA SOCIAL MEDIA POSTS HASHTAGGED #EASTVSWESTTO. POST WITH YOUR ARGUMENT-ENDING POINTS AND PICTURES AS TO WHY YOUR SIDE OF THE T DOT HAS FAR MORE SPECIAL PEOPLE AND PLACES. Toronto-centric, yes, but that’s exactly what River City aims to curate – a night of strictly Toronto fun that Torontonians will totally get. The next time someone from the Danforth says Ossington is so hip it hurts? If a Roncy regular complains one more time that Riverdale lacks edge? We’ll know exactly how to rebut. Let it be resolved that River City will put on a smart, sharp, entertaining, totally cool Toronto time. East or west – Toronto makes for good discussion. RSVP to East vs West at EastvsWestToronto.ca
OCTOBER 11 - 25, 2014 NEW CONDO GUIDE 041
INVESTOR ADVICE
5 things every
// BY ANDREW LA FLEUR
INVESTOR SHOULD KNOW ABOUT OCCUPANCY FEES 1. Occupancy fees are unavoidable (with one exception...)
Occupancy fees will have to be paid to the developer every time you purchase a new condo. There is no way around it, except if you pay the full balance owing to the developer on your occupancy date. Since you can’t get a mortgage on an unregistered building, the only way to do this is with cash or other non-registered loan. If you want to do this, make sure you get a clause in your agreement to allow for full payment of balance owning on occupancy. 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
2. Occupancy fees are lower if you are higher
What I mean by this is, the higher up your unit is in the building, the shorter the occupancy period will be because buildings are constructed and finished from the ground up. So, if you buy a unit on the second floor, you can expect a long occupancy period compared to someone who bought the penthouse. Consider that when choosing a floor to buy in pre-construction. Occupancy periods are typically three to six months. 3. Better developers mean shorter occupancy periods
Often but not always, there is a relationship between the length of the occupancy period and the experience level of the developer. The more experienced the developer, the shorter the occupancy period. Buying from a developer with a bad reputation or with little experience can sometimes result in an extended occupancy period. 4. A short occupancy period is best for you and the developer
A
re you afraid of the dreaded “phantom mortgage?” Phantom mortgage is another term for occupancy fees which are payable from the date that you take occupancy of your condo unit until final registration of the building when your mortgage kicks in. You pay for the right to occupy your unit but you don’t have a mortgage yet. There is a lot of misinformation out there about occupancy fees. Before you decide that occupancy fees are something to fear as a condo investor, here are five things to know: 048 NEW CONDO GUIDE OCTOBER 11 - 25, 2014
This is the most important thing to remember. Developers want to register the building as quickly as possible and to have the occupancy period as short as possible, because they don’t get their money from the banks until the building is registered and all the unit owners have their mortgages commence. 5. Occupancy fees are prescribed
Rest assured that developers can’t simply pull an amount out of thin air to charge you for occupancy fees. In fact, they are simply this: interest payable on the remaining balance owing on your unit (interest rate is prescribed and based on Bank of Canada rates), plus property taxes, plus maintenance fees. Ultimately, if you are an investor and you intend to rent out your property, your occupancy fees will be paid for by your tenant – just be sure you have the developer’s permission to lease your unit during the occupancy period. Until next time, happy investing!
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
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
Do the math & call
416.351.1844 danielshighpark.com
Time is is running runningout outto toexplore explore Time HighPark Condominiums, Condominiums, HighPark where Daniels’ Daniels’incentives incentivesadd add where up to to incredible incrediblevalue valuefor for up rst-timebuyers! buyers! fifirst-time locationacross acrossfrom fromToronto’s Toronto’sgorgeous gorgeousHigh High AAlocation Park is just one of the many reasons why The Park is just one of the many reasons why The DanielsCorporation’s Corporation’sHighPark HighParkCondominiums Condominiums Daniels highon onthe thelist listof ofnew newhome homeshoppers shopperslooking looking isishigh forincredible incrediblevalue! value!Already Alreadywell wellunder underconstruction, construction, for thisresidence residenceisiscradled cradledininthe theestablished establishedstreets streets this of Oakmount OakmountRoad Roadand andPacifi Pacifi Avenue,steps steps of c cAvenue, to the the subway subway and andthe thevibrant vibrantBloor BloorWest West to Village shopping shopping district. district.Suite Suiteprices pricesbegin begin Village from $299,900, $299,900, and andcurrently, currently,Daniels Danielsisis from offeringunbeatable unbeatableincentives. incentives. offering
For Foraalimited limitedtime timeonly onlyon onselected selected suites, suites, you youcan canpurchase purchaseatat HighPark HighParkCondominiums Condominiumsand andreceive receive incredible cash back incentives, incredible cash back incentives, FREE FREEparking parkingand andlocker, locker,one oneyear year free maintenance AND you can buy free maintenance AND you can buy with withonly only5% 5%down. down.
Discover how it can all add up to you at HighPark Condominiums.
INCREDIBLE
CASH BACK INCENTIVES*
+
ONLY 5% DOWN!*
+
+
SOPHISTICATED FINISHES
+
DOG SPA
+
+
ROCK CLIMBING WALL
+
BIKE SHARE PROGRAM
+
*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
FREE MAINTENANCE* FREE PARKING* FREE LOCKER*
HIGH PARK
+
+
SHOPS & RESTAURANTS IN BLOOR WEST VILLAGE
Anchored by a landscaped courtyard on Bloor, HighPark Condominiums will feature a single-storey glass pavilion where over 15,000 square feet 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 dogwashing 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 square feet of space for exercising, energizing and entertaining. From the top down, the tenth floor will encompass a social room with a catering kitchen, as well as an outdoor terrace and indoor/outdoor fireside lounge and sundeck with stunning views of High Park and city lights. The third floor is where you can get your heart pumping in the cardio studio, stretch out in the indoor/outdoor yoga & 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 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 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 square feet, 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 downpayment. Many also qualify to receive the First-Time Home Buyer’s Tax Credit of up to $750 in tax relief toward closing costs.
=
YOUR NEW HOME AT HIGHPARK CONDOMINIUMS
Call or visit us today! 416.351.1844 danielshighpark.com
ALREADY UNDER CONSTRUCTION! ALREADY UNDER CONSTRUCTION!
Actual Construction Photo Actual Construction Photo
The Daniels Corporation (danielshomes.ca) is one of Canada’s preeminent builder/developers, building more than 25,000 new home communities across Greater Toronto Area builder/developers, for over 32 years. Daniels was The Daniels Corporation (danielshomes.ca) is one the of Canada’s preeminent building named the Tarion Warranty Corporation’s 2012 Ontario High Rise Builder of the Year and the recipient of more than 25,000 new home communities across the Greater Toronto Area for over 32 years. Daniels was the 2012 Toronto Arts and Business Award presented by the Toronto Arts Foundation. Among its many named the Tarion Warranty Corporation’s 2012 Ontario High Rise Builder of the Year and the recipient of initiatives, DanielsArts wasand chosen to partner with Torontoby Community Housing to revitalizeAmong Regent its Park – 69 the 2012 Toronto Business Award presented the Toronto Arts Foundation. many acres in Toronto’s Downtown Committed to community, offers innovative programs initiatives, Daniels was chosen toEast. partner with Toronto CommunityDaniels Housing to revitalize Regent Park –that 69 help people achieve homeownership, champion neighbourhood initiatives that enhance quality of life, and acres in Toronto’s Downtown East. Committed to community, Daniels offers innovative programs that support numerous and non-profit organizations. help people achieve charities homeownership, champion neighbourhood initiatives that enhance quality of life, and support numerous charities and non-profit organizations. Everything about HighPark Condominiums adds up to remarkable value. Great incentives + an incredible location + about outstanding amenities = outstanding you won’t wantGreat to miss. Take advantage of this Everything HighPark Condominiums adds upvalue to remarkable value. incentives + an incredible opportunity now, while you still can. location + outstanding amenities = outstanding value you won’t want to miss. Take advantage of this opportunity now, while you still can.
Do the math & call 416.351.1844 or visit danielshighpark.com Do the math & call 416.351.1844 or visit danielshighpark.com Suites from
PRESENTATION CENTRE: 2150 Bloor St West Mon, Tues and Thurs: 12-6pm / Wed: 12-8pm Suites from PRESENTATION CENTRE: 2150 Bloor West Sat, Sun and Holidays: 12-5pm / Fri: St closed Mon, Tues and Thurs: 12-6pm / Wed: 12-8pm Sun and / Fri: closed *The HighPark program is only available on selected suites. Parking incentive only available on suites over 535 sq. ft. 5% depositSat, program available on a Holidays: limited number of 12-5pm suites. Free maintenance is only available for one year.
$299,900 $299,900
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
*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
STAT CHAT
// BY BEN MYERS
DID YOU HEAR THAT PRICES IN CANADA’S HOUSING MARKET COULD FALL BY 40 TO 50 PER CENT?
S
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
Homebuilding is largely tracking household formations in Canada, and a downturn in residential construction doesn’t appear imminent
050 NEW CONDO GUIDE OCTOBER 11 - 25, 2014
top me if you’ve heard this doomsday-type conclusion before. This time it’s an Edmonton-based financial services industry portfolio manager making the forecast of a ‘bubble bursting’ in the housing market, but unlike many of his goofball predecessors, he’s actually putting a date on his forecast: spring 2015. In a totally unrelated matter, he also has a book coming out next March on how to survive a housing market crash. Quite a coincidence. I also have something to plug! My second of bi-annual Market Manuscript documents will be posted to the Fortress website in late October. But unlike our friend from Alberta, I’m not making any ridiculous claims to drive interest in it, and most importantly, it’s free to download. I’ve pulled together all the housing forecasts from legitimate sources on the top Canadian housing markets in one document. Needless to say, no one from Canada Mortgage and Housing Corp., Altus Group, Will Dunning Inc., Urbanation, RealNet Canada Inc., Urban Logic Ottawa, BMO Capital Markets, CIBC World Markets Inc., Anderson Economic Research Inc., TD Economics, or N Barry Lyon Consultants is calling for a crash in the Canadian housing market. Some other highlights from the Market Manuscript include BMO’s remark that homebuilding is largely tracking household formations in Canada, and a downturn in residential construction doesn’t appear imminent. Anderson Economic Research concludes that the bubble risk for house prices in Canada is highly exaggerated and that new housing is still very affordable in Canada. A CIBC economist says much of the analysis used to determine that the Canadian housing market is headed for a crash, like the ‘Mickey Mouse’ price-to-rent ratio (his words), ignores rent control and the condominium apartment rental market. And lastly, The Altus Group commented that gently rising prices across most of the country suggest still strong underlying (and potentially pent-up) demand for new homes. In terms of the new condo market, the first half of the year saw Calgary sales up 15 per cent, Toronto sales up 65 per cent and Edmonton sales up 70 per cent per data from The Altus Group and Urbanation Inc. For Toronto, year-over-year price growth (on a per sq. ft. basis) in the new condominium market was just under three per cent in Q2-2014 per Urbanation – a sustainable and healthy pace. Additionally, in the Toronto condominium apartment rental market, the lease-to-listings ratio remains high, and the average days on market remains low, as demand for condo rentals has never been stronger. Ignore portfolio managers and others who don’t follow the markets and data daily. Get the true facts and figures from industry experts. Don’t let these housing crash reports dampen your new condo search, as the folks in-the-know are not making them. Happy condo hunting!
VISIT ONE & YOUR SEARCH IS DONE Tour our fully furnished model suite and townhome today!
beautifully designed living rooms
Actual Model Photography
Suites from the mid $200,000s Towns from the mid $500,000s spacious bedrooms
designer kitchens
Located in the heart of Toronto’s fastest growing neighbourhood — One Park Place South Tower is the newest addition to the internationally recognized Regent Park revitalization. Call or visit us today to receive a tour of the community, the incredible amenities and, of course, our furnished suite LIMITED !** and townhome. Plus, learn how you can buy with 5% down and take FER TIME OF cker advantage of Daniels First Home BOOST* — boosting your & Lo Parking only for downpayment from 5% to 15% interest and payment free!
Call or visit us today! 416.955.0559 danielsoneparkplace.com
$12,900
One Park Place Presentation Centre 500 Dundas St East Mon/Tues/Thurs: 12-6pm • Wed: 12-8pm Sat/Sun: 12-5pm • Fri: Closed
*The First Home Boost Program is not available on the townhomes and is only available on a limited number of suites. **Parking and locker incentive are only available on a select number of home types. 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.
CONDO PROFILE
Model suite and model townhome at
DANIELS’ ONE PARK PLACE SOUTH
Stunning examples of life in Regent Park
a
t The Daniels Corporation’s One Park Place South Tower within the award-winning Regent Park Revitalization, home choices include stylish suites in the tower and a collection of chic urban towns at its base. Now, you can tour a model suite and model townhome to fully appreciate the potential for making this successful residence your new home. Daniels’ director of décor, Stephanie Dimopoulos, selected the finishes, furnished and decorated the models to reflect the sensibilities of the purchasers, who range from first-time buyers and urban professionals to growing families and empty-nesters. If you have a condominium suite in mind, stroll through the 613-sq.-ft. one-bedroom-plus-den Primrose model. “In this efficient design, the open-concept living/ dining room and kitchen are bathed in natural light from the balcony,” Dimopoulos explains. “The linear
052
kitchen enhances the spaciousness of the main living area, and the island not only provides ample counter space but also acts as a dining table – perfect for an intimate dinner party. By walking through the model you can really see how you can relax and entertain in this comfortable suite.” Perpendicular to the kitchen, the den is perfect for a computer desk or television nook. A large window in the bedroom makes it bright and cheerful, and the laundry and bathroom are conveniently located near the entry. The urban towns offer grade-related living with private front door access to the street and direct connectivity to the amenities in the tower. “To allow Daniels’ outstanding features and finishes to shine in this 1,301-sq.-ft. two-storey, two-bedroom-plus-den Currant model, we used a neutral palette of white, grey and chrome, then pulled colours from the artwork for
accessories. In the main living area, there are two acrylic pieces over the sofa, and we zeroed in on blues and oranges for graphic pillows that offer a downtown vibe.” Townhome finishes include European-style stainless steel kitchen appliances, contemporary quartz countertops, laminate flooring throughout, and kitchen and bathroom designs by Cecconi Simone. “When you start with standards like that, you are well on your way to making your home look fabulous,” Dimopoulos says. “Much like the Primrose, the kitchen has an island seating area that can double as a dining table, and the dining room off the kitchen could be used as an office or den.” Upstairs, the large master bedroom has ample space for a queen-sized bed, two large night stands and a lounge chair, plus, there is plenty of closet space. “In the bathroom, owners have the chance to play up their personality with the shower curtain, bath mats and towels they choose. When residents are ready to head outside, the private patio offers the perfect oasis. The One Park Place South Towns are truly perfect for young professionals, growing families and empty nesters who want to stay connected to the downtown core.” In addition, to the opportunity to tour fantastic models homes, Daniels is also offering you the opportunity to tour the interior and exterior amenities of this incredible new residence. The One Park Place South Tower lobby entrance leads directly onto Regent Park’s Urban Mews. From there, it’s a stroll to Daniels Spectrum, Paintbox Bistro, the six-acre community park, Regional Aquatic Centre, new community centre under construction, retail venues and public transit. Within, the condominium, the 45,000-sq.-ft. Club UNO houses a half-court gymnasium, two squash courts, a fitness studio, indoor/outdoor yoga and Pilates studio, party room, billiards room and lounges, plus resident gardening plots on the fifth-floor terrace. Don’t wait! Come see, touch and feel this community and all that it has to offer.
With move-ins available this year, the townhomes are priced from the mid-$500,000s and suites within the tower begin from the mid-$200,000s. For a limited time, purchase any suite or townhome at One Park Place South Tower and receive parking and locker for only $12,900. Plus, don’t forget to ask about Daniels’ First Home Boost and their five-per-cent Gradual Deposit Payment Plan, which allows purchasers to pay $3,500 with the Agreement of Purchase and Sale, then $1,000 each month until five per cent of the purchase price is reached. (Conditions apply to all above incentives; please speak to a sales representative for full details). The Daniels Corporation (danielshomes.ca) is one of Canada’s pre-eminent builders/developers, building more than 25,000 new homes across the Greater Toronto Area for 32 years. Daniels was named the Tarion Warranty Corporation’s 2012 Ontario High Rise Builder of the Year and was 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 the heart of Toronto’s Downtown East. Committed to community, Daniels offers innovative programs that help people achieve home ownership, champion’s neighbourhood initiatives that enhance residents’ quality of life, and supports numerous charities and non-profit organizations. Daniels’ Regent Park presentation centre is located at 500 Dundas St. E. For more information or to book a tour of these fabulous residences, call 416.955.0559, visit DanielsOneParkPlace.com or come in Monday, Tuesday and Thursday between noon to 6 p.m.; Wednesday from noon to 8 p.m.; and weekends from noon to 5 p.m.
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releasing this nOVEMBER AT 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 while the sun streams 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 1 054 NEW CONDO GUIDE OCTOBER 11 - 25, 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.
FUNDAMENTALLY SPEAKING
What type of home
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
W
hat type of home should you buy? Whether you’re a first-time buyer, moving up to a larger home or downsizing to a smaller one, the answer to this question is a very individual one. In short, it depends on your situation – everything from the amount of your down payment to where you work, whether you have kids and other personal circumstances. Of course, most of us would love a large house on an expansive property on a quiet cul-de-sac in the best neighbourhood. But that’s not always possible. Now what? For your own enjoyment while you live in your home as well as for future resale potential, proximity to transportation, shopping, schools and other amenities is among the key determinants that affect your property’s appeal, and ultimately, its value. After all, those are the qualities potential buyers look for 056 NEW CONDO GUIDE OCTOBER 11 - 25, 2014
// BY WAYNE KARL
SHOULD YOU BUY? when searching for a home. The more of them your place has when you go to sell, the more it will appeal to a greater number of people. While experts suggest you take a long-term view when buying a home, it’s also important to not look too far down the road. Let’s be honest, your first home may not be your dream home, and your needs and desires are bound to change throughout the various stages of home ownership. You might not be able to afford the home of your dreams right off the bat, but once you’re in the market, it’s easier to move up. So, while the answer to the question – What type of home should you buy? – is specific to circumstances, there are also some common guidelines you can follow: How much can you afford? Experts agree it is never a good idea to make yourself house-poor, and it is a very common mistake – particularly of first-time buyers – to buy more home than you can really afford. Meeting with a mortgage broker or your banker will help determine your full financial picture, assessing everything from your credit rating to how much you have saved for a down payment. And with tougher mortgage rules now in effect, buyers should “stress-test” their plans – seeing how well you could cope with higher mortgage payments brought on by rising interest rates. How much will it really cost? Another common homebuyer mistake is not being prepared for all the closing costs involved: lawyer fees, land transfer taxes, utilities, insurance, home inspection and appraisal fees, and insurance. All of these costs add up, and ultimately should factor into your overall home-shopping budget. Where do you want to live? This question is becoming more important for a number of reasons, though influenced primarily by where you work, how much of a commute you want, and whether your transportation options include mass transit or only driving. Indeed, especially with gas prices on the rise, proximity to mass transit is something more and more people are looking for in their new home location. It may not be as simple as choosing to live in the city, suburbs or small town. What type of home do you want? Once you have determined your options for cost and location, you can then assess what types of homes are available in your price range and desired neighbourhood: single-family detached, semidetached, townhome or condo?
So many questions, so many choices. The good news is, home builders today are in sync with customer preferences for location and amenities. Your options for new-home product have never been better.
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Nelson St.
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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
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OCTOBER 11 - 25, 2014 NEW CONDO GUIDE 059
STYLE FILE
Suite dreams // BY JO ALCORN // PHOTOGRAPHY BY JASON HARTOG
YOU SPEND A THIRD OF YOUR LIFE IN YOUR
bedroom, so it should be a relaxing place to unwind and get that important beauty sleep your body needs. Recently, I gave my bedroom a major makeover. Here are my top tips to create a beautiful and comfortable bedroom retreat on any budget.
Cool colour palette: I’ve had red
bedrooms and I’ve had pale blue rooms. I can honestly say colour psychology is real. A cool, serene, colour palette makes all the difference in creating a relaxing room. Go for soft and subtle colours if you want a respite from the busy world outside. For my bedroom makeover, I chose Whistle Stop 50BB from CIL’s paint collection to create a calming effect. CONTINUED ON PAGE 62…
060 NEW CONDO GUIDE OCTOBER 11 - 25, 2014
ARTISTIC LOFTS AT QUEEN AND BATHURST
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Mon-Wed: 12-6pm, Thurs: 3-8pm, Sat-Sun 12-5pm
OCTOBER 11 - 25, 2014 NEW CONDO GUIDE 061
STYLE FILE
CONTINUED…
The perfect bed: I had an awkward small window in my bedroom that I had to hide. I chose a padded headboard that was just high enough to cover the window. I wouldn’t call myself a DIY’er, but when the time comes, I can step up. I found a headboard with clean lines at HomeSense (homesense.ca) for $300. However, it wasn’t quite the right colour for my project. When I found a cotton, patterned shower curtain for $30, I thought I’d tackle a DIY project and create the perfect headboard. Voilà! A custommade headboard on a budget. Side table conundrum: Side tables are a useful element to every bedroom. But it can be hard to choose the right one. So many questions come to mind! Do I need extra drawers or surface area? What height, size, colour or material should I choose? For my makeover, I needed something to match the height and scale of the bed. I found the perfect side table at mirens. com. The side tables had a unique design, with added storage. With my DIY skills already set in motion, I swapped the handles to white, to tie in with the rest of the bedroom design. Another inexpensive project with a big result!
A FEW OF MY BEDROOM essentials!
Pascoflair helps stop my running thoughts that keep me up at night. This herbal product promotes relaxation and improves sleep. Pascoflair. $20. AVAILABLE AT HEALTH RETAILERS.
This Sherpa lined robe is super soft and warm. Perfect to relax in before bed. Splendid Intimates Sherpa Lined Terry Robe. $108. SPORTINGLIFE.CA
Layered lighting: I love a bedroom with ambient
lighting. A lamp with a soft bulb, mixed with task lighting for reading a book, plus decorative side lamps can add some drama to a room. The white horned oversized side lamps from Mirens I used in my bedroom were the perfect conversational piece in the room. Don’t forget about overhead lighting. This is another great place to add some art to the room. I used a signature Jo Alcorn light from artcraftlighting.com, which added a touch of whimsy to the room. Layering lighting in any room, particularly your bedroom, allows for the perfect mix of function and comfort.
I love sleeping with an eye mask. It blocks out the light and makes it a breeze to get a good night sleep. PB Travel Luxury Eye Mask. $13. VISIT BEDBATHANDBEYOND.CA
Comfy carpet: Having the perfect texture underfoot when you step out of bed can improve your whole bedroom experience. A carpet or rug adds warmth to any space. Mirror, mirror on the wall: I love how mirrors
create different dimensions within a space. To bring the bed and those amazing lamps to another level, I layered HomeSense mirrors on the wall for a grand, romantic feeling. Mirrors make your room appear larger, and these ones also brought a feeling of luxury and sophistication to the bedroom. Use these simple tips to create your perfect bedroom and ensure you get an amazing night’s sleep!
062 NEW CONDO GUIDE OCTOBER 11 - 25, 2014
JO ALCORN Jo Alcorn is a celebrity designer specializing in small spaces and design solutions for all budgets. She is the interior expert on HGTV’s new show Critical Listing, and shares her expertise regularly on TV and through her monthly column at the Toronto Sun. Visit whitewashco.ca
A GLOBAL LEADER A LANDMARK ADDRESS AN INCREDIBLE OPPORTUNITY Greenland Group, a global leader in real estate, has shaped urban landscapes across 10 countries. Ranked 268th in the Fortune Global 500, Greenland has earned an international reputation as a worldclass property developer. Creating a better life.
COMING SOON KING TOWER, THE NEXT EXCITING PHASE OF KING BLUE Greenland proudly announces their first Canadian development, King Blue by Greenland. Located in the heart of the Financial and Entertainment Districts, a short walk to the subway and the finest theatres, shops and restaurants. Resort style amenities with a spectacular rooftop terrace garden, pool and spa. The ultimate in luxury living in a sophisticated urban setting.
LUXURY CONDOS FROM THE MID $200’s* REGISTER NOW KINGBLUECONDOS.COM | 416.599.1355 *Prices and specifications are subject to change without notice. llustration is artist concept. E. & O.E. Exclusive Listing: Baker Real Estate Incorporated Brokerage. Brokers Protected. OCTOBER 11 - 25, 2014 NEW CONDO GUIDE 063
064 NEW CONDO GUIDE OCTOBER 11 - 25, 2014
A RI V E R RUN S T H RO UGH I T
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OCTOBER 11 - 25, 2014 NEW CONDO GUIDE 065
MARKETPLACE
I had an awkward
small window in
The perfect bed.to hide. I chose a padded headboard
STYLE FILE
I had my bedroom that window. enough to cover the can that was just high the time comes, I a DIY’er, but when se I wouldn’t call myself lines at HomeSen headboard with clean step up. I found a wasn’t quite the right $300. However, it (homesense.ca) for patterned When I found a cotton, colour for my project. a DIY project and tackle I’d $30, I thought shower curtain for A custom-made headboard. Voilà! create the perfect headboard on a budget.
A FEW OF MY ntials! BEDROOM esse
my Pascoflair helps stop that running thoughts This keep me up at night. herbal product promotes relaxation and improves $20. sleep. Pascoflair.
rum. Side tables are a useful Side table conund . But it can be hard to choose the
e Suit dreams // BY JO ALCORN BY JASON HARTOG // PHOTOGRAPHY
YOU SPEND A THIRD
OF YOUR DAY IN
YOUR
to be a relaxing place bedroom, so it should sleep important beauty unwind and get that Recently, I gave my your body needs. my top makeover. Here are bedroom a major and comfortable tips to create a beautiful budget. any bedroom retreat on
element to every bedroom mind! Do I need extra questions come to right one. So many size, colour or p space? What height, drawers or counterto r, I needed choose? For my makeove material should I of the bed. I found the height and scale had a something to match m. The side tables mirens.co at table the perfect side With my DIY added bedroom storage. to white, to unique design, with handles the motion, I swapped skills already set in Another of the bedroom design. tie in with the rest with a big result! inexpensive project ambient I love a bedroom with Layered lighting.soft bulb, mixed with task lighting for a lighting. A lamp with can add some decorative side lamps from reading a book, plus oversized side lamps The white horned drama to a room. perfect conversational bedroom were the This is Mirens I used in my overhead lighting. Don’t forget about piece in the room. the room. I used a to add some art to another great place ghting.com, which light from artcraftli in any lighting signature Jo Alcorn to the room. Layering of added a touch of whimsy for the perfect mix your bedroom, allows room, particularly function and comfort. perfect texture the Having rug. Comfy carpet or out of bed can improve your whole step you when t underfoo to any space. e. Rugs add warmth bedroom experienc
AVAILABLE AT HEALTH RETAILERS.
This Sherpa lined and warm. robe is super soft before bed. Perfect to relax in Splendid Intimates Robe. $108. Sherpa Lined Terry SPORTINGLIFE.CA
// BY ELISA KROVBLIT an eye mask. It I love sleeping with and makes it a blocks out the light night sleep. breeze to get a good Eye Mask. $13. PB Travel Luxury BEYOND.CA VISIT BEDBATHAND
the wall. I love how mirrors Mirror Mirror onns within a space. To bring the bed
. I’ve had red Cool Colour Palette pale blue rooms.
create different dimensio level, I layered lamps to another and those amazing a grand, romantic on the wall to add HomeSense mirrors room appear . Mirrors make your feeling to the bedroom of luxury and also added a feeling larger, and these ones . bedroom the to sophistication bedroom and to create your perfect Use these simple tips amazing night’s sleep! ensure you get an
had bedrooms and I’ve is real. colour psychology I can honestly say the palette makes all A cool, serene, colour a relaxing room. difference in creating a colours if you want Go for soft and subtle my world outside. For respite from the busy Stop r, I chose Whistle bedroom makeove to create a collection paint CIL’s 50BB from calming effect.
in SHAPE
JO ALCORN Jo Alcorn is a celebrity in designer specializing design small spaces and solutions for all budgets. on expert She is the interior Critical HGTV’s new show her Listing, and shares on TV expertise regularly monthly and through her Sun. column at the Toronto o.ca Visit whitewashc
OUR
inspiration
GEOMETRY, SHAPE AND LINE ARE HUGE THIS SEASON!
We've moved past gentle curves and simple lines toward strong geometric shapes and big, repetitive patterns. Just add accent pieces that complement your foundation decor to get the look without the commitment. Or go big with feature pieces that dominate, and enjoy the strong, sassy style these prominent and playful patterns create. Tip: Patterns can be combined. While you don't want to
Flip to pg. 60
create an optical illusion, you can use patterns within a colour theme to play off of each other. Just be sure to include some solids in the overall melange.
The Suitor Loveseat. $1,399. Visit CB2.ca
Stockholm Rug. $249. Visit ikea.ca
Marissa Linens. $45 to $200. Visit crateandbarrel.ca
NOW UNDER CONSTRUCTION
Where luxury takes wing.
LIVE ON ST. CLAIR AVE WEST FROM THE MID $ 200 ’S
Receive up to
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on your purchase. Offer available for a limited time only. Speak to Sales Rep for more information.
RECEIVE A FREE GAS BBQ WITH PURCHASE*
N
HENDRICK
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Christie
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Arlington
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Visit our Presentation Centre at 784 St.Clair Ave West, just west of Arlington Avenue – Learn more at THENESTCONDOS.COM
P R E S E N TAT I O N C E N T R E 784 ST. CLAIR AVE WEST (west of Arlington Avenue) Sat+Sun 12-5 pm Mon & Tues 12-6 pm Wed 1-7 pm
THENESTCONDOS.COM 416.223.0003
Life. Lived better.
BROKERS PROTECTED. * Offer valid for a limited time only. Ask Sales Rep for details. Rendering is an artist’s impression. Sizes and specifications are subject to change without notice. E.&O.E.
OCTOBER 11 - 25, 2014 NEW CONDO GUIDE 067
IN THE NEWS
Toronto’s next great neighbourhood:
EXPLORING CANARY DISTRICT architecture principles, but inject their own unique aesthetic elements thanks to differing approaches by the various teams. The four architecture firms commissioned to design the athletes’ village/Canary District are: architectsAlliance and KPMB Architects, Daoust Lestage Inc., and MacLennan Jaunkalns Miller. Gateways: The historic CNR and Canary Restaurant/Palace Street School buildings are being restored and integrated as gateposts to the new community, framing views to Corktown Common Park, while the space between Bayview and Front Street will frame views of Toronto’s downtown skyline. WHEN PRESENTED WITH THE OPPORTUNITY TO NOT ONLY BUILD TORONTO’S
next great community, but also a cutting-edge athletes’ village for the Toronto 2015 Pan/Parapan American Games, Waterfront Toronto and the Ontario government embraced the opportunity to accelerate revitalization of the city’s West Don Lands. The award-winning vision for the West Don Lands was established through a comprehensive planning and consultation process involving local stakeholders and community members. The second phase of the West Don Lands is now being transformed into a mixed-use sustainable community – the Canary District – which will become one of Toronto’s most exciting new work-live-play neighbourhoods. Here’s what you need to know: Distinct block design by multiple architects: Every building in the Canary District has been designed by a different architectural team, tasked not only with adhering to the overall vision for the West Don Lands, but also with showcasing architectural excellence and creativity in building design. The involvement of multiple designers, has introduced a distinctive blend of architectural diversity in the new district. Buildings adhere to contemporary
Increased walkability: An extensive pedestrian network creates great walkability. A secondary system of pedestrian routes follows the paths of two former CNR rail lines, while all lane ways, courtyards and paths are linked to create continuous routes. Connections to Front Street: Each block was designed to connect to Front Street, the extension of which serves as the main street through the district. The base of each building will boast amenities including retail, and community and recreational services. CONTINUED ON PAGE 70…
068 NEW CONDO GUIDE OCTOBER 11 - 25, 2014
L A ST C HAN C E ! G R AN D O P E N I N G O F F E R
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Owning in the Downtown East is now a walk in the park! EN
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MONDAY-THURSDAY 12PM-6PM CLOSED FRIDAYS WEEKENDS & HOLIDAYS 12PM-5PM
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The newest phase of the award-winning 35-acre Canary District, Canary Park Condos, is just steps from the new 18-acre Corktown Common park, shopping, dining, public transit and more. Home to the CIBC Pan Am / Parapan Am Athletes’ Village. NOW UNDER CONSTRUCTION. Suites from the mid $200’s VISIT OUR NEW PRESENTATION CENTRE ONSITE 398 FRONT ST. E (FRONT & CHERRY) CANARYDISTRICT.COM OR CALL 416.603.7576
Exclusive Listing: Baker Real Estate Incorporated, brokerage. Brokers Protected. *Limited time offer. Some restrictions may apply. Please speak to a sales representative for more details. Prices and specifications are subject to change without notice E.&O.E.
OCTOBER 11 - 25, 2014 NEW CONDO GUIDE 069
IN THE NEWS
CONTINUED…
Eyes on the street: In a nod to the late Jane Jacobs, the architects employed the world-renowned Toronto urban planning visionary’s “eyes on the street” thesis to create a safe and connected urban environment with open streetscapes, and large-scale building windows and balconies to offer a connection between residents and the streets below. Side streets and lane ways feature townhomes or lofts to attract families and creative entrepreneurs. Pedestrian-friendly scale: The ground floors of all Canary District buildings are uniformly built to six metres in height to create a consistent rhythm and scale, while creating attractive units with loft appeal. Building inter-connectivity: To achieve a distinct neighbourhood identity, building scales and heights have been designed with a simultaneous architectural diversity and consistency in mind. Passersby will notice that buildings in the district – eight blocks in total – have been constructed using similar materials in different ways, while facades are recessed and roof heights differ to varying degrees to create a unique and interesting architectural flow across the district. Materials such as masonry have been utilized at street level on buildings closer to the nearby Distillery District to create a connection between neighbourhoods old and new, while a contemporary and modern design aesthetic has prevailed to exemplify the area’s status as a cutting-edge Toronto community. A healthy, green community: Social, economic and environmental sustainability are key characteristics of every design element within Canary District. The community is designed to meet Leadership in Energy and 070 NEW CONDO GUIDE OCTOBER 11 - 25, 2014
Environmental Design (LEED) Gold criteria, while honouring requirements of Toronto’s Green Building Standard. Green spaces have been maximized throughout with courtyards, lane ways and terraces along an extensive system of secondary pedestrian routes to promote health and wellness among residents. Urban livability: Clever design elements such as increasing the size and scope of building window openings and maximizing space usage at ground level have been incorporated into every aspect of the new neighbourhood’s design. Access to an extensive network of parks and a careful balance of public and private spaces – as well as easy access to public transportation – further contribute to the area’s appeal to future residents. For more information on Canary District, visit canarydistrict.com.
PURE PASSION. PURE PLAZA. ONE OF TORONTO’S TOP CONDOMINIUM BUILDERS WITH OVER 3,200 SALES IN THE LAST THREE YEARS.
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NOW UNDER CONSTRUCTION Ivory on Adelaide - Occupancy Date End of 2014 400 Adelaide St. East, Toronto Sales Office Located at 125 Western Battery Rd. 647.341.1731 EPIC - Occupancy Date January 2015 48 Abell Street, Toronto Sales Office Located at 1151 Queen Street West 416.516.5848 Edge - Occupancy Date August 2014 2-6 Lisgar Street, Toronto Sales Office Located at 1151 Queen Street West 416.516.5848 Musée - Occupancy Date July 2016 Pre-construction Pricing 525 Adelaide Street West, Toronto Sales Office Located at 125 Western Battery Rd. 647.341.1731
GRAND OPENING 50 at Wellesley Station - Occupancy Date June 2017 50 Wellesley St. East, Toronto Sales Office Located at 50 Wellesley St. East 416.862.0888 1 Yorkville - Occupancy Date January 2018 1 Yorkville Ave., Toronto Sales Office Located at 162 Cumberland St. 416.519.2911
COMING SOON The Met at Vaughan Metropolitan Centre Vaughan across from the NEW TTC Subway Station Adelaide and Widmer Toronto Presentation Centre Hours: Mon–Thurs: 12pm–6pm Fri: Closed Weekends & Holidays: 11am–5pm
Keep updated by following us: Brokers protected. Prices, sizes and specifications subject to change without notice. E.&O.E.
5%
On signing In 180 days In 270 days On occupancy
1 Bedroom + Den from $369,000 2 Bedrooms from $425,000
CHOOSE CREATIVITY OVER CONFORMITY
072 NEW CONDO GUIDE OCTOBER 11 - 25, 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 C O 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.
073
IN THE NEWS
Another strong month for
GTA NEW-HOME SALES SALES OF NEW HOMES AND
condominiums in the GTA continue to show strength, according to a recent report from the Building Industry and Land Development Association (BILD). According to RealNet Canada Inc., BILD’s official source for newhome market intelligence, the new homes market is coming off a strong August with sales up 60 per cent from this time last year. Increases were recorded in both highrise and lowrise sectors. “With a limited amount of new project launches in August, these sales are a result of consumers’ continued confidence in the market,” says BILD president and CEO Bryan Tuckey. “This affects levels of remaining inventory, which have been declining recently, particularly in the lowrise sector.”
NEW HOME SALES
Source: RealNet Canada Inc.
AUGUST ‘14
Inventory of ground-related homes in the GTA is bordering record-low levels at 6,670 homes while prices continue to grow. The RealNet New Home Price Index shows the highrise market experienced an increase in average prices, growing two per cent to $446,710. Meanwhile, prices in the lowrise sector are up five per cent, reaching a record high of $688,923.
LOWRISE
HIGHRISE
2012
2013
2014
DURHAM
120
140
205
12
HALTON
75
110
154
16
PEEL
252
269
360
64
45
55
316
314
415
TORONTO
20
23
55
559
510
908
579
533
963
YORK
119
260
384
89
104
206
208
364
590
GTA
586
802
1,158
740
714
1,275
1,326
1,516
2,433
10,510
7,651
12,147
12,778
9,407
14,130
23,288
17,058
26,277
JAN-AUGUST
074 NEW CONDO GUIDE OCTOBER 11 - 25, 2014
2012
2013
TOTAL
REGION
2014
2012
2013
2014
6
14
132
146
219
49
92
91
159
246
MAKE YOUR MOVE
Understand your
Chuck Resnick is vice-president of marketing and operations, Two Men and a Truck Canada. twomenandatruck.ca
H
iring professional movers can save you a lot of work and aggravation, especially when everyone understands what’s involved. The best way to ensure that situation is for all parties to communicate effectively.
When we provide you with a written quote in person, by law, we cannot charge you greater than 10 per cent over the amount stipulated in the contract – unless you change the conditions of the move 076 NEW CONDO GUIDE OCTOBER 11 - 25, 2014
// BY CHUCK RESNICK
MOVING CONTRACT From the mover’s point of view, having a contract that is clear and agreed upon is the number-one way to achieve success. In Ontario, service agreements with moving companies come under the umbrella of Consumer and Corporate Affairs. When we provide you with a written quote in person, by law, we cannot charge you greater than 10 per cent over the amount stipulated in the contract – unless you change the conditions of the move. At Two Men And A Truck – Canada, we price by the hour, whatever it takes. If you call and ask to have 100 boxes moved, and we show up to find 200, of course we have to charge more than what we agreed upon. That is considered a change to the conditions of the move. Moving takes time, and there are many unexpected situations that might cause a delay and make your price go up. For example, the person who moves out of your apartment building before you may be running late, and the elevator is tied up longer than you planned. For the mover, the meter is running the entire time. Sometimes customers neglect to tell us that they are giving a large furniture item to a friend or relative and want us to drop it off on the way. This is a change to the conditions of the move and will cost more. The most common glitch is that the key to the new home isn’t available when it should be, and someone has to drive somewhere to get it. We bill from dock to dock, so anything that increases the time also ups the price. When one of these unexpected happenings occurs, the mover will pull out a form called “Revision to Estimate” to explain the change, and everyone signs it. Occasionally, we get college or university students asking to quote on moving them from or to separate addresses. This is do-able, as long as they understand they pay for our crews’ time. It may well be more cost effective than hiring movers separately to have a number of students’ belongings all on the same truck. We hire our own staff rather than casual or day labour. Our employees are trained professionals who are bonded and insured. Make sure you hire a reputable mover whose crew members are covered by Workers’ Compensation and who has a working phone number linked to their office to call if and when you need to – especially on moving day. When all is said and done, customers should check with reliable sources to ensure they are hiring a bona fide professional firm. At Two Men And A Truck – Canada, we use the latest in technology when it comes to hardware and software to help us with estimating. A contract lets you and your mover know where you stand. Read it carefully and ask any questions you have. An informed consumer is always a happier one.
Decidedly different. Condominiums at Sherbourne & Bloor. STAY CONNECTED. REGISTER TODAY.
The Selby Condos .com
OCTOBER 11 - 25, 2014 NEW CONDO GUIDE 077
MONEY MATTERS
// BY GAIL VAZ-OXLADE
MONEY couples MISTAKES make
Gail Vaz-Oxlade is the host of Til Debt Do Us Part, author of Debt Free Forever and blogs daily at gailvazoxlade.com. Follow Gail on Twitter at twitter.com/GailVazOxlade
S
ometimes, a poor way of relating can really muck up the money. Whether you’re planning a walk down the aisle or you’ve already been hitched for aeons, there are some common mistakes couples make that can throw a wrench into their moneyworks.
01 Keeping secrets. I’m truly
amazed at the number of people who hide things from their partners. They go shopping, bring home a bag of stuff, and rip off the tags – because, of course, their partners are morons and won’t recognize a new outfit when they see it. One woman shoved her new purchases in the laundry hamper, first thing. Another kept her new purchases in the trunk of her car until she could slide them into the house. Many people lie about what
they’ve paid for an item because if it’s a good enough deal they can slip it past their buddy. And then there are all the folks who hook up only to find their partner is a financial disaster. If you can’t be open about what you’re buying, that should tell you something. If you think your partner is going to object to your spending, listen up! And if you’re planning to mate and you haven’t sat down to talk about your money, you’re foolish, plain and simple. Communication is job one in the survival of any relationship, and if you can’t bare your financial soul to your partner, if you can’t trust that person to tell you the truth, you should not be getting married. 02 Not having a budget. It isn’t going to come as a surprise to you that I
think every couple should have a budget. Whenever you combine two lives, two ways of looking at things, two spending profiles into one, you need to have a plan to ensure both bodies are on the same page about where the money should be going. Having come up with a budget you both agree to, it’s easy to decide what to buy and when. You simply ask each other, “Where does this fit in the budget?” If it doesn’t then you work together to make room, cutting a little of her golfing and his beer-with-the-boys to come up with the cash to make the purchase. Working together with a plan beats the bejezus out of flying solo blind and bumping into each other. A budget can be a relationship-saver when one of you is a spender and the other is a saver, since by having a plan you can address both your needs. It’s particularly important when you are both spenders heading to the brink of bankruptcy. Knowing where you stand financially means you can make informed decisions about your spending without a huge debt hangover.
03 Putting one guy in charge. It’s not unusual for one person to assume
the nitty-gritty of daily finances. It often falls to one partner to pay the bills, check the insurance coverage, decide on how to invest the retirement savings, figure out how much to put away for education savings, negotiate with lenders, pay the taxes – the list is virtually endless. Often it’s because one partner is more inclined toward these tasks. The problem is that when one person is excluded, or totally abdicates responsibility, it means the other can mess things up with no monitoring or grow resentful at always having to do the detail. It’s important for each partner to not only to feel involved in the big financial decisions but also understand the day-to-day details. CONTINUED ON PAGE 80…
078 NEW CONDO GUIDE OCTOBER 11 - 25, 2014
OCTOBER 11 - 25, 2014 NEW CONDO GUIDE 079
MONEY MATTERS
CONTINUED…
Taking turns managing the cheque book, and having regular conversations so that both of you are clear about what’s going on, means you’re both in the know and working to the same ends. It also means that one person doesn’t have to deal with everything, while the other merrily laughs off the stress and frustration with, “You’re managing the money, so this is your problem to deal with.” (Yes, there are people who say this). 04 Denying the debt. Regardless of who has the debt, the impact on the family unit will be significant. If you can’t be debt free when you get hooked up, the very least you should have is a plan for how you’ll get that debt paid off. Never sign for each other’s debt. When you do, you assume responsibilities that may choke you to death. If your buddy needs help paying off the debt, you can do that without putting your name on the paperwork. “But he won’t be able to get a car if I don’t help him,” I’ve heard. Then he shouldn’t have a car. “But she’ll pay an outrageous amount of interest.” Then she shouldn’t take the loan. “We’re partners in everything.” Maybe that’s how you feel now, but how will you feel when (s)he doesn’t pull her/his weight on the debt repayment, and you’re on the hook for his or her past self-indulgence? As for blowing your brains out on a big wedding when you’re walking around with a ton of debt, give your heads a shake! Wedding mania, exotic honeymoons, and a houseful of brand new furniture is wonderful, providing you have the money to pay for it. Going into debt for massive self-indulgence is down right dopey.
080 NEW CONDO GUIDE OCTOBER 11 - 25, 2014
05 Sweating the small stuff. If you’re going to spend your relationship
getting your britches in a knot over every little thing, you’re going to be miserable. Or you’re going to get divorced. You have to figure out which battles are worth fighting, and when negotiation makes more sense. If the small stuff adds up to big problems it’s usually because you don’t have a budget and aren’t on the same page when it comes to your priorities. It’s not unusual for couples to spend $30 a month here, $25 a month there, $60 on this, $97 a month on that, and when it’s all added up, it’s a whopping amount of money. If you’re tracking your expenses, it’s easy to decide what has to go and when to stop shopping. One of the ways some couples deal with the money is to allot each partner a weekly or monthly “allowance” that can be used for anything that body desires. Since the allowance is part of the budget, the plan stays in place while the individuals have some personal freedom when it comes to how they’ll spend their personal money. Once you have a slush fund you can each spend as you wish without questions or recriminations, you can then agree that on purchases above a certain amount you’ll consult with each other before buying.
06 Failing to plan for emergencies. While no one likes to think about bad
things happening, the fact is that bad things do happen to good people. If you don’t have a stash of cash at the ready to deal with whatever life throws your way, you won’t have the means to cope. One of the big upsides of joining up is that you’re able to act as a safety net for each other through life’s storms. But that doesn’t happen magically. And often couples overestimate their partner’s ability to take over the entire financial burden should one partner lose a job, someone become ill, or suffer some other disaster. It takes a plan, and part of that plan includes creating a pretty hefty emergency fund. Another part includes reducing your risks in whatever ways possible. Every couple should have enough money available to cover six months’ worth of living expenses. And each partner should make it a priority to get adequate insurance coverage. Communication and negotiation are the keys to dealing with money issues. Of course, you also need some practical money-management skills to actually pull the whole thing off.
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Rendering’s is an artist’s impression. Specifications are subject to change without notice. E.&O.E.
OCTOBER 11 - 25, 2014 NEW CONDO GUIDE 081
DESIGNER ADVICE
How to live large in a
SMALL SPACE // BY YANIC SIMARD
TIP You know the rule on not wearing clothing with horizontal stripes that draw the eye across? The same principle applies in small spaces – create the illusion of height with vertical lines to lead the eye upward.
SO YOU’VE CHOSEN TO CALL A SMALL SPACE “HOME,” but that doesn’t mean you can’t live large in it. When space is at a premium, your design choices can help maximize the space and the value of your property. Decorating small spaces has its challenges, but they are not insurmountable. It is particularly satisfying, when we achieve more than we thought possible, in design and indeed in life. When designing a small space, there are three key considerations:
1 USE OF COLOUR
Use monochromatic, light-coloured paint and furniture. My favorite and signature paint colour is Benjamin Moore’s OC 23 Classic Grey. The use of light colours for wall and floor coverings as well as furniture will create the illusion of a larger space. Lighter and brighter colours are used to reflect and diffuse light, while darker colours in the background will maximize the whites/neutrals. Always paint the ceiling white, or at least a lighter shade than the walls. Using white paint will create a high degree of light reflection, thereby giving your entire room a lighter and brighter feel. CONTINUED ON PAGE 84…
082 NEW CONDO GUIDE OCTOBER 11 - 25, 2014
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.
CONTINUED… PHOTO BY STACEY BRANFORD
DESIGNER ADVICE
2 USE VERTICAL SPACE IN A SMART WAY
You might have a small square footage, but look up. Your walls offer a lot of space that you can use with some planning and imagination. Get your calculators out. A 12-by-12-ft. room gives you 144 sq. ft. of floor space. If you have an eight-ft. ceiling and four walls, you end up with approximately 384 sq. ft. of vertical space. If you used 10 ft. of vertical space on two walls, you would lose 20 sq. ft. of floor but gain 192 sq. ft. of wall storage!
Decorating small spaces has its challenges, but they are not insurmountable. You might have a small square footage, but look up. Your walls offer a lot of space that you can use with some planning and imagination.
CONTINUED ON PAGE 86… 084 NEW CONDO GUIDE OCTOBER 11 - 25, 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.
DEVELOPER
EXCLUSIVE BROKERAGE
LIFEATPARKSIDE.COM | 905 273 9333 465 BURNHAMTHORPE RD. W. MISSISSAUGA, ON PRICES & SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. RENDERINGS ARE ARTIST’S CONCEPT – E.&O.E.
DESIGNER ADVICE
CONTINUED…
In furniture, always consider using glass or the like – its transparent nature will allow light to travel though it, making it almost invisible to those viewing the room. Think polycarbonate, plastic and glass.
3 INTRODUCE SEE-THROUGH FURNITURE AND REFLECTIVE ELEMENTS
The use of chrome finishes will add some sparkle to your space. In furniture, always consider using glass or the like – its transparent nature will allow light to travel though it, making it almost invisible to those viewing the room. Polycarbonate, glass and plastic are the materials to consider looking at for your small space.
PHOTO BY TED YARWOOD
TIP Another tip is to position a mirror directly on the wall opposite to the source of natural light, like a window. This will bounce the light back and forth while increasing the visual depth of your room at the same time.
086 NEW CONDO GUIDE OCTOBER 11 - 25, 2014
YANIC SIMARD is New Condo Guide’s design editor, principal designer of award-winning Toronto Interior Design Group (tidg.ca), and regular guest expert on City’s Cityline. Check out Yanic’s accessory line, Yanic Simard Selected, by visiting online at ysselected.com
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OCTOBER 11 - 25, 2014 NEW CONDO GUIDE 087
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
previews & registrations Yorkville Plaza II by Camrost Felcorp
Coming this fall, a new signature tower rising in Yorkville. Register now. Web: CumberlandTower.com/CG
Minto Yorkville Park by Minto
Luxury condos coming soon to Bellair and Cumberland. Register now. Web: MintoYorkvillePark.com
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
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
088 NEW CONDO GUIDE OCTOBER 11 - 25, 2014
Beacon Condominium by Sorbara Development Group
Releasing this fall at North York City Centre. Act now! Register to stay informed. Web: BeaconCondos.ca
The Kip District by Concert Properties
Coming this fall to Kipling and Dundas – urban style on the west side. Register now. Web: TheKipDistrict.com
The PJ by Pinnacle International
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
Handsome architecture and a vibrant location where Pearl meets John. Register today. Web: PJCondos.ca
Grand opening continues at award-winning Canary District. Visit the new on-site presentation centre. Web: CanaryDistrict.com
Blue Diamond at Imperial Plaza by Camrost Felcorp
90 Niagara by Fieldgate Homes
Brilliant living is coming soon to Avenue Road and St. Clair. Register now. Web: BlueDiamondCondos.ca
Fully furnished model suite now open to view at this boutique residence of just 45 suites. Web: 90Niagara.com
The Barrington Condominium Flats by Lash Group of Companies
The Harlowe by Lamb Development Corp.
Condominiums overlooking Forest Hill coming soon to St. Clair and Bathurst. Register now. Web: BarringtonCondos.com
Now open, artistic lofts at Queen and Bathurst. Visit the sales office and model suite today. Web: TheHarlowe.com
Diva Condo by Torbel
Totem Condominium by Worsley Urban Partners
Opening this fall! Register now to stay informed on North York’s newest boutique condo. Web: DivaCondo.com
new releases & grand openings Islington Terrace by Tridel
Grand opening, steps to the subway in the vibrant Islington Village community. Web: Tridel.com
Eau du Soleil by Empire Communities
Presentation centre and model suite now open! A perfect 100 on walkscore.com, stellar amenities, iconic architecture. Web: TotemCondos.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 of fabulous waterview suites, including the terrace collection. Web: EauDuSoleilCondos.com
New release in the thriving Yonge-Wellesley neighbourhood, conveniently located right on the subway line. Web: PurePlaza.com
One Park Place, South Tower by The Daniels Corp.
SQ at Alexandra Park by Tridel
Now on sale and under construction at Sumach south of Dundas, the “one” place to be in downtown east. Web: DanielsOneParkPlace.com
Grand opening continues at a dramatic new condo in this master-planned community at Spadina and Queen. Web: Tridel.com
Riva del Lago by Monarch
Dundas Square Gardens by The Easton’s Group
Now open – a new boutique condo is making waves on Etobicoke’s Humber Bay waterfront. Web: MonarchGroup.net
Now open! Downtown Toronto’s main event – new condos coming soon. Web: DundasSquareGardens.ca
GTA Edition October 11 - 25, 2014
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
FITNESS GALLERY
It’s not too early
// BY MARK J. STABLES
FOR HOLIDAY EXERCISE If you’re a regular fitness star, now is the time to amp up your workouts with some additional cardio and maybe an extra yoga or cross-training session each week. If you’ve been letting your fitness slip, then make an effort to get back into a regular routine of three to five training sessions a week, with a mix of cardio and resistance training.
Mark J. Stables is founder of Benchmark Group and Movement Haus. He is a renowned fitness and wellness expert with over 15 years experience in the industry. Working with hundreds of urban condominium dwellers, Mark has experience and insight into the design of condo fitness amenities and the way people use them. As the landscape of fitness continues to evolve, this in-depth knowledge of health and fitness, coupled with his passion for architecture and design, yields an optimal exercise environment for today’s urban athlete. Visit online at movementhaus.com, benchmarkgroup.ca or call 416.428.3536.
T
hrough autumn and into the new year, it’s pretty much guaranteed that we’ll all be indulging in some “holiday lifestyle” behaviour. From Thanksgiving turkey and that third helping of pumpkin pie, to baskets of goodies delivered to the office, to Secret Santa brunches and holiday fêtes, this time of year always comes with some out-of-the-ordinary eating and a few missed workouts to boot. But with a little proactive planning, the holidays don’t have to derail your entire fitness regime. The key is to start early, so that when those events do roll around, you’re already ahead of the game.
090 NEW CONDO GUIDE OCTOBER 11 - 25, 2014
Through autumn and into the new year, it’s pretty much guaranteed that we’ll all be indulging in some “holiday lifestyle” behaviour. But with a little proactive planning, the holidays don’t have to derail your entire fitness regime. 5 TIPS TO COMBAT POST-WORKOUT PAIN:
›› Always warm up your muscles by doing a short cardio warm-up for five to 10 minutes before starting any exercise program. ›› Rock n’ roll – Roll your muscles out on a foam roller pre and post workout. It will reduce the lactic acid effect and help speed up recovery. ›› Stretch – It’s tempting to skip a post-workout stretch, but just a few minutes of stretching can increase flexibility and mobility while your muscles are still warm. ›› Soak it up – If you’re really feeling the burn, relax your muscles with a warm epsom-salt bath. This drugstore find will help reduce inflammation, relieve pain, and relax your body. Candles are optional. ›› Ice – It’s a chilly alternative, but icing the area can help reduce swelling and speed recovery by up to 20 per cent according to some studies.
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CONDO PROFILE
Minto induces address envy yet again in Yorkville with
MINTO YORKVILLE PARK
C
atering to a new era of urban luxury and prestige, Minto Yorkville Park redefines an iconic entrance way to the city’s elite district. Building on an impressive legacy in the area, Minto launches a new residential address in Yorkville for the third time, arriving at the celebrated intersection of Bellair and Cumberland. Boasting an impressive walk score of 100, Yorkville Park offers unparalleled access and convenience with this coveted address, joining existing award-winning Minto projects like the Prince Arthur residences – one of Yorkville’s premier luxury condoms – and Minto Yorkville apartments in the heart of the posh village at 61 Yorkville Ave. “Given Minto’s inspiring connection with this address, we wanted to keep pushing boundaries,” says
092 NEW CONDO GUIDE OCTOBER 11 - 25, 2014
Sol Wassermuhl, president, Page+Steele/IBI Group Architects. “Minto Yorkville Park will be an iconic sculpture at the heart of the city, its façade draped in a floating glass veil set on a stunning streetscape podium of complementary limestone and polished black granite that will resonate with the scale and textures of Yorkville.” Climbing 25 storeys, these residences will offer phenomenal views of the city, while boutique units on lower floors will overlook the Village of Yorkville Park and provide close proximity to 5,700 sq. ft. of retail space below that will house the high-end boutiques and restaurants that have made Yorkville famous. Mere steps from the Bay TTC station and nearby Yonge station, residents have immediate access to the epicentre of Toronto transit. In a city bogged down by traffic congestion, this address guarantees residents one of the quickest routes through the city and an enviable slate of cosmopolitan amenities at their doorstep. From the word-class restaurants like neighbouring Sassafraz along Cumberland and Sotto Sotto on Avenue, to the high-fashion retail on Bloor Street West’s Mink Mile, the recipe for a luxurious lifestyle abounds. Afternoons are spent along Bloor West’s culture corridor for visits to the ROM or the Toronto Royal Conservatory of Music.
CLIMBING 25 STOREYS, THESE RESIDENCES IN THE SKY WILL OFFER PHENOMENAL VIEWS OF THE CITY, WHILE BOUTIQUE UNITS ON LOWER FLOORS WILL OVERLOOK THE VILLAGE OF YORKVILLE PARK “Yorkville represents the pinnacle of urban prestige and residents will simply enjoy the best Toronto has to offer. Minto Yorkville Park will be at the heart of it all. It will truly be an impeccable home,” says Amanda Wilson Watkins, Minto’s vice-president of marketing and sales. Interiors crafted by IBI Group Architects embrace Art Deco’s geometric flourishes, with subtle curves, textured stone, and antiqued gold layered throughout. “We wanted to cater to the sophistication surrounding us by introducing a modernized Art Deco style, favouring luxury with a more current appeal,” says Jennifer Lem of IBI Group Architects, known for such prestige addresses as Pine Street in New York, and their work with internationally revered brands such as Hewlett Packard. Featuring the ever-popular external bedrooms, city lights paint your evening backdrop, with unparalleled views seen through floor-to-ceiling windows. Interiors extend onto spacious balconies, inviting outdoor entertaining. Showcased in the state-of-the-art sales centre, sumptuous kitchen and bathroom vignettes complement dynamic floor plans, encouraging purchasers to imagine their refined Yorkville lifestyle. The stunning kitchen features a chic lighting sculpture overhanging a custom-built island, while a sophisticated hood spotlights a cooktop, and a paneled fridge and dishwasher disappear from view. Fully customizable designer palettes cater to purchasers’ unique tastes, casting polished chrome against beautiful quartz countertops and cabinetry of matte wood grain or solid finishes. Gorgeous bathrooms are appointed with polished stone and porcelain, adorned by gold faucets and accessories. A deep soaker tub invites relaxation and the walk-in shower is fitted with a soothing rain showerhead and handheld shower. A choice of custom palettes complements the elegant aesthetic, ranging from whites and charcoals to taupes or chocolate browns. Amenity spaces augment the neighbourhood’s ample entertainment
and dining options. An outdoor terrace designed by noted landscape architect Paul Ferris will offer intimate seating areas around a luxurious full-height fireplace. A spacious indoor entertainment lounge, complete with a chef’s catering kitchen, connects to the terrace, available year-round. Residents will enjoy private workouts in a fully outfitted 2,000-sq.-ft. fitness centre, including a space for personal trainers, and a spin and stretch room. After the workout, residents can refresh at the spa or return to the in-house business lounge that acts as a personal home office. With the highest number of Leadership in Energy and Environmental Design (LEED) certified residential projects in Toronto, Minto receives numerous annual Green building awards from leading industry authorities such as Ontario Home Builders’ Association (OHBA), the Building Industry and Land Development Association (BILD), EnerQuality, and the Building Owners and Managers Association (BOMA). Minto Yorkville Park continues this sustainability commitment, set to achieve LEED Silver certification with superior construction and features that cut down on energy bills and reduce residents’ environmental footprint. Minto Yorkville Park, located at 88 Cumberland, rises 25 storeys and consists of 200 units offering one-, two- and three-bedroom layouts from 431 to 1,060 sq. ft., priced from $389,900s. Opening in fall 2014, the sales centre will be located on the seventh floor at 94 Cumberland. To register, please visit the website at mintoyorkvillepark.com. OCTOBER 11 - 25, 2014 NEW CONDO GUIDE 093
IN THE NEWS
BREAKING GROUND AT TEN88 by Empire Communities, Pace Developments and Fortress Real Developments
PICTURED:
Members of Pace Developments, Empire Communities, Fortress Real Developments and Kohn Architects break ground at Ten88, assisted by Councillor Cho
EMPIRE COMMUNITIES, PACE DEVELOPMENTS AND
came together on Sept. 22 to celebrate the official ground-breaking ceremony of Ten88 – a new and vibrant townhome community in the heart of Scarborough. In attendance were Paul Golini Jr., senior executive vice-president of Empire Communities, Dino Sciavilla, principal of Pace Developments, and Jawad Rathore, president and CEO of Fortress Real Developments, along with local councillor Raymond Cho of Ward 42, who was instrumental in helping to bring the project to fruition. Councillor Cho eloquently spoke about the new community and thriving area surrounding it. He said
FORTRESS REAL DEVELOPMENTS
094 NEW CONDO GUIDE OCTOBER 11 - 25, 2014
that the number 8 signifies luck in Chinese numerology, and so those who purchased units here would enjoy good fortune. Following the speeches by Empire, Pace and Fortress, key members of each group assembled outside for the official ground-breaking. For more information, visit ten88.empirecommunities.com.
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OCTOBER 11 - 25, 2014 NEW CONDO GUIDE 095
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Grand Opening
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OCTOBER 11 - 25, 2014 NEW CONDO GUIDE 097
*Prices and availability subject to change or be withdrawn without notice and do not include taxes. E&O.E.
A VISIONARY BUILDING, WITH AN EMERGING STORY, DESIGNED IN THE SPIRIT OF PROGRESS.
COME SEE OUR BRAND NEW PRESENTATION CENTRE AND DISPLAY SUITE
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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.
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CONDO PROFILE
ENIGMA ON THE PARK brings urban living into the fabric of an emerging neighbourhood Aragon Properties’ boutique-style condominium coming to Toronto’s Bloordale neighbourhood
e
nigma on the Park is a hidden gem of urban living in Toronto’s west end that represents the future of city neighbourhoods. The midrise building with 86 loft-style condominiums and park-side townhomes is a bold step forward by developer Aragon Properties, which for 25 years has focused on innovative and distinctive quality design, and Toronto’s leading architectural firm, Quadrangle Architects. Nestled within the Bloordale neighbourhood just steps from Bloor Street West and Lansdowne Avenue, Enigma on the Park is
100 NEW CONDO GUIDE OCTOBER 11 - 25, 2014
built in and amongst an existing community. Located off the busy main streets and next to a park, it embraces and incorporates the park features into the overall building design. “Enigma on the Park creates a downtown living experience that’s a richer alternative to the big box condominium lifestyle,” says Ralph Fox, Enigma on the Park sales manager from Sage Real Estate. “Boutique condominiums are becoming increasingly popular as people value community, individuality and human interactions.” Enigma on the Park offers a unique living experience in spades. When designing the condo, Quadrangle Architects created living spaces that would encourage daily interaction with nature by integrating MacGregor Park into the building design. The park becomes an extension of the home as it flows from the exterior perimeter of the condominium and into the interior public spaces.
Set back from the existing community, the innovative exterior of Enigma on the Park includes paneling and cantilevered design that makes the building appear smaller in scale, making it fit in harmoniously with the surrounding neighbourhood. Of the 86 units at Enigma on the Park there are 56 floor plans, making almost every unit distinctive. “People are looking for unique places to live and Enigma on the Park offers that, from the variety of floor plans, to the design of the building itself, and even right down to the reclaimed brick walls that are each different,” says Fox. Located only a seven-minute walk from Lansdowne subway station on the Bloor line, it’s effortless to get downtown quickly. Residents of Enigma on the Park are also a short walk from the Bloor GO station, which will be the only central stop of the Union Pearson Express when it’s completed in 2015. Enigma on the Park is also located within the emerging Bloordale Village, which is undergoing a small business revolution with new boutique shops, cafes, restaurants, art galleries and markets. The 86 units at Enigma on the Park feature interiors with wide-plank hardwood flooring, nine-ft. high ceilings, sliding doors to separate living spaces, and most have a patio or balcony, while penthouses have terraces. Kitchens feature quartz countertops and backsplash, sleek Kohler fixtures and a designer
appliance package; while bathrooms include quartz countertops, soaker tub and/or fully enclosed walk-in shower. Building amenities include a fully equipped gym, theatre, rooftop lounge with fire pit and barbecue and dog-washing station, making Enigma pet friendly. Units range in size from 422 to 1,567 sq. ft. and are priced from $231,900. For more information call 416.516.1551 or visit the sales office located at 138 St. Helens Ave. The presentation centre and fully furnished model suite is open from noon to 6 p.m. on Monday to Thursday; and on weekends from noon to 5 p.m. Private appointments are available. OCTOBER 11 - 25, 2014 NEW CONDO GUIDE 101
TARION REPORT
5 steps to
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.
W
hen people find out what I do for a living, they ask for advice about buying a new home or dealing with their builder. I always encourage buyers to make sure they have an understanding of the process involved in buying a new home before they buy. Often, buyers walk into a model home, fall in love, and make the biggest purchase of their life based on emotion alone. Here are five steps to get you on the inside track when buying a new home: Step 1 Get a pre-approved mortgage before you start home shopping. This will give you a sense what type of home you can afford and how your prospective mortgage payments will fit into your budget. Being pre-approved will also allow you to make a faster purchase if you see something you love. Step 2 Research your builder. The builder and the relationship you have with him is one of the most important elements of your home-buying experience.
102 NEW CONDO GUIDE OCTOBER 11 - 25, 2014
// BY HOWARD BOGACH
HAPPY HOMEBUYING First off, check that the builder is licensed by visiting the Licensed Builder Directory on tarion.com, where you’ll find builder customer service records for the past 10 years and a list of any chargeable conciliations and claims. A chargeable conciliation occurs if a builder and a homeowner disagree about whether an item is covered under the warranty program and, after an inspection, the item is found to have been covered. Claims refer to situations where the builder did not fix a problem and Tarion stepped in to work directly with the homeowner to resolve the issue. You may want to consider these numbers in comparison to the number of new-home possessions in the builder’s profile. The next step is to ask around. You may want to walk around some neighbourhoods where the builder has built, and inquire about these homeowners’ experiences. Speaking to other homeowners will give you a good indication of whether the builder stands behind his 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 homeowners share experiences. Step 3 Review your Agreement of Purchase and Sale with a real estate lawyer before signing to ensure you understand what is included in the price of the home. If you are buying a condominium, review the disclosure statement to understand what items are part of your unit and what are considered “common elements.” Make sure anything that is agreed to verbally by your sales representative is also reflected in writing. Step 4 Learn about your new-home warranty. It’s easy to get overwhelmed by the process of buying a new home. You’ll spend a lot of time with bankers and lawyers, pouring over legal documents. Warranty information typically falls to the bottom of the reading list because no one expects anything to go wrong in their new home. But, you’ll do yourself a disservice by not taking the time to learn about your warranty rights and obligations. If an issue does arise, not knowing how to manage it can turn a minor inconvenience into a major aggravation. Step 5 Register for Tarion’s online MyHome service. Your MyHome account will take care of most of the tasks associated with managing your warranty, such as keeping track of deadlines and correspondence. It also allows you to submit your warranty claim forms easily and securely, receive email correspondence from Tarion, and allows you to submit supporting documents such as photos, receipts and agreements. I hope you find these five steps helpful useful. Of course, you can find more information online at tarion.com or Facebook.com/TarionWarrantyCorp.
IIRN N N D O SS. C..SC M BR A R IG N GO TNO N CNO CMO BB AA RR IN TT O OO B AR R R NG G T O NC C C O NDN DOD OS O CO. O O MM
NOW OPEN NOW OPEN NOW OPEN NOW OPEN Introducing The Barrington Condominium Introducing The Barrington Condominium Introducing The Barrington Condominium Introducing The Barrington Condominium Flats, a spectacular building setone in one Flats, a spectacular building one of Flats, a spectacular building set in ofin of Flats, a spectacular building set inset one of Toronto’s prime urban neighbourhoods Toronto’s prime urban neighbourhoods Toronto’s prime urban neighbourhoods Toronto’s prime urban neighbourhoods at Clair St. Clair and Bathurst. St. Clair and Bathurst. at St. and Bathurst. at St.atClair and Bathurst. With TTC at your doorstep steps With TTC at doorstep and steps With TTC at your doorstep andand steps With TTC at your your doorstep and steps to the St. Clair West subway the St. Clair West subway to the St.to Clair West subway to the St. Clair West subway if(or you The Underground), ifwish you The Underground), (or (or if you wish Thewish Underground), (or if you wish The Underground), is where you want to be.to be. this is where you want thisthis is where you want to be. this is where you want to be. Cheers to The Barrington! Cheers to Barrington! The Barrington! Cheers to The Barrington! Cheers to The
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Presentation Centre: St. Clair Avenue, West Hours: Mon-Thurs: noon-6pm, Closed. &Sat Sun: noon-5pm Presentation Centre: 522 St. Clair Avenue, West Hours: Mon-Thurs: noon-6pm, Fri.: Closed. & Sun: noon-5pm Presentation Centre: 522522 St. Clair Avenue, West Hours: Mon-Thurs: noon-6pm, Fri.:Fri.: Closed. Sat Sat & Sun: noon-5pm Presentation Centre: 522 St. Clair Avenue, West Hours: Mon-Thurs: noon-6pm, Fri.: Closed. Sat & Sun: noon-5pm BarringtonCondo BarringtonCondo 416.410.4444 BarringtonCondo 416.410.4444 416.410.4444 BarringtonCondo 416.410.4444
Prices andPrices specifications are subject changetowithout See SalesSee Representatives for details.forImages are for mood andmood impression only. Exclusive Listing Listing and aretosubject changenotice. without Sales Representatives details. Images areimpression for and impression only. Exclusive Prices and specifications arespecifications subject to change without notice. See Salesnotice. Representatives for details. Images are for mood and only. Exclusive Listing Prices and specifications are subject to Brokerage. change without notice. See Sales Broker, The Condo Store Realty Inc., Brokers Protected. E.Representatives & O.E. 2014. for details. Images are for mood and impression only. Exclusive Listing Broker, The Condo Realty Inc., Brokerage. Brokers Broker, The Condo Store Realty Inc.,Store Brokerage. Brokers Protected. E. & Protected. O.E. 2014.E. & O.E. 2014. Broker, The Condo Store Realty Inc., Brokerage. Brokers Protected. E. & O.E. 2014.
QUICK TIPS
// BY HELLEN BUTTIGIEG
Use the wall to
STORE IT ALL limited amount of horizontal space (countertops, desks, tables and the floor) but vertical space is abundant and often overlooked. Consider putting shelves above door frames or around the perimeter of the room, like a border. Hang things from the ceiling in the kitchen. When purchasing armoires, bookcases or shelving units, choose the tallest you can find and put baskets on top of them.
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
C
learing clutter and putting everything away can be a challenge when you don’t have enough storage space. You’ve got to be creative in finding new places to store things, because closets and furniture will only get you so far. Take advantage of your condo’s height. Use the wall to store it all, and make a statement with decorative shelving and storage possibilities.
GO VERTICAL OR GO HOME. When you’ve run out of storage space, lie on the floor and look up. There is a
CLEAR UP VALUABLE TABLETOP SPACE. We all have a limited amount of counter and tabletop space, but our wall space is often under-utilized. By hanging photos and framing special mementos in shadow boxes on the wall, you’ll free up space on your tabletops and create a less-cluttered, morespacious look. Running out of kitchen-cabinet space? If your kitchen supplies exceed your cabinet space, consider mounting a metal rail to your wall. Use hooks (usually included with a rail) to hang everything from utensils to hand towels. This attractive storage solution gives you easy access to your items and utilizes previously unused wall space. MAKE THE MOST OF CEILING SPACE. Rather than putting up a wallpaper border,
install shelves a foot or so below the ceiling around the perimeter of your children’s rooms. On them, display prized belongings and collectables. This gets your treasures out of the closet where they take up valuable space, and allows the kids to enjoy them. ADJUST YOUR STORAGE SYSTEMS. A common misconception is that once you
have organized your entire home, you’re done. However, organizing is a process, not a destination. As your interests change, so will your organizing systems. Put some time aside to tweak existing systems on a regular basis – especially when you experience a lifestyle change. AVOID SHAMPOO OVERLOAD IN THE BATH. For a more streamlined look in
your bath or shower, consider attaching wall-mounted soap and shampoo dispensers. This will eliminate the sticky mess of shampoos, soaps and lotions crowding the bath or shower, contributing to a more serene, spa-like space. STORE MAGAZINES CREATIVELY. When looking for interesting ways to store magazines, think outside the box. As a creative alternative to a magazine stand, consider using a ladder. Propped up against a wall, a ladder is an interesting way to display magazines and make use of otherwise-wasted vertical space.
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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.
OCTOBER 11 - 25, 2014 NEW CONDO GUIDE 105
CONDO PROFILE
THE ROYAL YORK URBAN TOWNS offer affordable living in Toronto
t
ired of highrise condos, yet cosmopolitan living still appeals to your heart, soul and lifestyle? Then look no further than The Royal York Urban Towns, an innovative collection of stacked townhomes in Etobicoke that offers an affordable option along with private outdoor space, city amenities and a place to raise a family. With 50 years of homebuilding experience, Icon Homes is offering townhome living in the city. No stranger to building communities, Icon has created The Royal York. This intimate collection of 104 units is where residents will have front doors, private terraces and balconies, and 106 NEW CONDO GUIDE OCTOBER 11 - 25, 2014
a shared promenade made up of a courtyard of gardens, a gazebo and sitting areas. “It really is a neighbourhood,” explains Icon’s Trevor Brown. “We sought a location that is close to everything with tons of great amenities. We didn’t want to build a tower so we designed a community of urban towns, making it affordable for first-time buyers, singles or young families who want to live in the city.” Located at Royal York Road and Drummond Street, The Royal York offers a fast commute. For those who need to get into downtown Toronto, it’s two minutes to the Mimico GO station that will get you to the heart of downtown in 10 minutes. Located equidistantly between The Queensway and Lake Shore Blvd. W., The Royal York is just south of the QEW and a short stroll to the lake. These urban towns are priced from the low $200’s with units ranging from 526 to 1,590 sq. ft. They offer one-, two- and three-bedroom
contemporary designs featuring stunning rooftop terraces, all located within steps of some fantastic local gems to explore and savour. Close by are the award-winning SanRemo Bakery, FBI Pizza, Queensway Cineplex and Sherway Gardens Mall. And don’t forget to take in the views and activities from Humber Bay Park and the skating trail of Colonel Sam Smith Park. Enjoy life by the water at Len Ford Park, 38th Street Park, the Mimico Waterfront Park, and the Lakeshore Yacht Club. Golfers will seek out the Lakeview Golf Course, while the kids will enjoy free public stating at the Mastercard Centre. The Royal York is made up of five buildings of 104 units built upon its underground garage. As a stacked town, a typical plan will have two residences sharing the same footprint with one home having two lower levels, including a walkout or balcony, and the other taking the top two floors that include a rooftop terrace. This creates a sense of community that
encourages interaction among residents who can meet in the shared courtyard or offer a neighbourly wave from their front doors. This urban townhome design features glass balconies and terraces providing modern accents to the brick exteriors inspired by traditional brownstones. Luxury finishes will include nine-ft. ceilings on the main floor, premium flooring, granite counters in the kitchen and central air, along with an underground garage for all residents. Front and side landscaping and bordering green space create a natural setting. There will be no grass to cut or snow to shovel, just fresh air and gardens to enjoy. The Royal York Urban Towns will be released in October. The site office is located at 256 Royal York Rd. Pre-register at theroyalyork.ca to obtain information about the release later this month, or call 416.901.0206. OCTOBER 11 - 25, 2014 NEW CONDO GUIDE 107
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:
108 NEW CONDO GUIDE OCTOBER 11 - 25, 2014
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Kipling Ave.
The Most Outstanding Mid-Rise Building
Thirty Fifth St.
Ontario Home Builders’ Association Award Winner
Lake Shore Blvd. W.
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torontoregionalmaps: Toronto, East York, York
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114
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
# Builder 2 Great Gulf 6 Cresford Development Corp. 7 The Daniels Corporation 9 Cityzen 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 35 Menkes Developments Inc. 41 Lash Group of Companies 42 Triumph Developments 48 Minto Communities Inc. 48 Madison Homes 49 Greenland Group 50 Cresford Development Corp. 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 162 Pianosi Developments 171 Camrost - Felcorp 190 Cresford Development Corp. 201 Solotex 202 Bazis Inc. 202 Rio Can 202 Metropia 215 Dundee Kilmer Developments 217 Pemberton Group 218 Malibu Investments Inc. 222 Lamb Development Corp. 1 Goldman Group & Lash Dev. Corp. 1 Goldman Group & Lash Dev. Corp. 2 Concord Adex 3 Concord Adex 3 Concord Adex 3 Concord Adex 3 Concord Adex 4 Gairloch Investments 4 Centrestone Urban Developments Inc. 5 Onni Group of Companies 5 Onni Group of Companies 5 Concord Adex 7 The Daniels Corporation 8 Cresford Development Corp. 8 Cresford Development Corp. 8 Cresford Development Corp. 9 Aspen Ridge Homes 10 Empire Communities 11 Menkes Developments Inc. 11 Menkes Developments Inc. 12 North Drive Investment 13 Streetcar Development 14 Canalfa Group 15 Tridel Corporation 16 Freed 18 Urban Capital 18 Urban Capital 19 KIngstone Road Development 20 Menkes Developments Inc. 20 Tower Hill Development Corporation *TH: Townhomes, C: Condo
Site Telephone TH* C* Price Range Page Finder Yonge+Richmond 416-499-8883 • from $350,000 25 16K Merton Yonge Condominiums 416-484-1900 • from $450,000 144 14e High Park Condominiums 416-351-1844 • from $300,000 Insert & 49 8L Riverside in Pine Grove 416-746-1234 64-65 3F The Nest 416-223-0003 • from $250,000 67 11H Riva del Lago 416-495-3544 • from $300,000 Insert 24c RC3 416-862-0505 • • from $220,000 39 18L Picasso on Richmond 416-495-3549 • from $400,000 Insert 14M The College 416-363-4800 • from $336,000 43 M14 No1 Yorkville 416-519-2911 • from $388,000 5 15I One Park Place South Tower 416-955-0559 • from $250,000 51 18k Eau Du Soleil Waterfront Condominiums 416-503-3328 • from $350,000 6-7 25B The Eglinton Yonge at Heart menkes.com • from $250,000 Insert 15E The Barrington Condominiums Flats 416-410-4444 • from $350,000 103 12H Howard Park 2 416-873-0989 • from $326,000 81 9L Yorkville Park mintoyorkvillepark.com • • from $390,000 17 14J Zigg St.Clair West mintoyorkvillepark.com • • from $320,000 72-73 14J King Blue 416-599-1355 • from $250,000 63 13N VOX 416-485-3000 • from $200,000 IBC 15J CASA 2 416-486-2272 • from $320,000 143 15L CASA III 416-486-2272 • from $350,000 143 15L Riverside Square 416-466-4466 • from $200,000 59 19L Monde 416-466-8885 • from $310,000 24 17M West Side mintowestside.com • • from $220,000 47 13M The Selby theselbycondos.com • 77 16J Enigma on the Park 416-516-1551 • from $350,000 99 9L One Bloor Residences 416-922-0081 • from $560,000 24 15I The Pinnacle on Adelaide 416-596-1600 • from $350,000 91 15M X2 416-927-0080 • from $500,000 25 16J Riverhouse at the Old Mill 416-766-7343 • from $500,000 11 5L Chaz Yorkville Condos 416-922-0045 • from $300,000 29 16J Chaz Yorkville Condos 416-922-0045 • from $300,000 29 16J Blue Diamond at Imperial Plaza bluediamondcondos.ca • from $300,000 3 15I Studio on Richmond 647-352-7736 • from $300,000 57 15M The Bond Condominiums 416-546-7525 • • 23 15G Perspective Condos 416-242-3500 from $296,000 109 4H Yorkville Plaza II 416-966-3003 • • from $350,000 1 14H 1000 Bay 416-485-3000 • from $390,000 143 15J Upper Beach Townes 416-693-7500 • from $420,000 87 24G 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 69 18L TEN93 Queen West 416-546-6355 • from $280,000 9 12F Smart House 416-292-0219 • from $438,000 79 15L The Harlowe 416-363-1771 • from $273,000 61 15M 530 St. Clair Ave. West 416-868-0500 • from $344,000 12H the rushton rushtonliving.com • from $344,000 12H FWD at Concord CityPlace 416-813-0999 • • 13F Quartz at Concord CityPlace 416-813-2999 • • 15M Spectra at Concord CityPlace 416-813-0999 • • 15N Grand Parade 2 at Concord CityPlace 416-813-0999 • 15M Parade TWO Park Collection at Concord CityPlace 416-813-0999 • from $308,000 15M 383 Sorauren 383sorauren.com from $265,000 9M 383 Sorauren 416-588-0383 from $265,000 9L Garrison at the Yards 416-260-2600 • from $190,000 14n West Lake 416-260-2600 • from $240,000 14N Newton at Concord CityPlace 416-813-0999 • 12F The Parkside Collection 416-351-1844 • from $700,000 8L NXT 2 416-977-5300 • • from $300,000 8N NXT2/Phase Two 416-977-5300 • • from $210,000 8N NXT at Windermere By the Lake 416-977-5300 • • from $350,000 8N VU 416-970-9500 • • from $370,000 16L The HUB 416-784-3482 • from $250,000 9F Pears on the Avenue 416-323-0100 • from $382,000 14I 365 Church 416-591-7700 • from $238,000 14I The High Park 416-670-3699 • from $300,000 8L Trinity Lofts 416-690-2988 • from $330,000 19l Liberty Place 416-537-0047 • • from $170,000 12N 101 Erskine 416-480-0700 • from $286,000 14D 155 REDPATH 416-996-5428 • from $210,000 14D River City 416-862-0505 • • from $250,000 18L River City 2 416-862-0505 • • from $250,000 18L 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
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
Easton’s Group Remington Group Easton’s Group Remington Group Tridel Corporation Greenpark Homes Tridel Corporation Bazis Inc. Empire Communities Pinnacle International Pinnacle International Tower Hill Development Corporation Worsley Urban Partners 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. K-CAP Laird Inc. Tridel Corporation Pinnacle International Conservatory Group Pinnacle International Tridel Corporation 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 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 Mod Developments Inc. Reserve Properties Castlepoint/Numa Dundee Kilmer Developments Torbel Group Baywood Homes Urban Capital TAS DesignBuild Lamb Development Corp. Lamb Development Corp. Concord Adex Freed Mansouri Living Menkes Developments Inc.
*TH: Townhomes, C: Condo
Telephone
TH* C*
Price Range
Page
King Blue Condominiums 416-599-1355 • from $200,000 King Blue Condominiums 416-599-1355 • from $200,000 Westinghouse Lofts 416-599-1355 • from $200,000 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 Totem Condominium 416-792-1877 • from $320,000 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 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 Aquavista at Bayside Toronto tridel.com • 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 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 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 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 FWD at Concord CityPlace 416-813-0999 • • 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 12N 12N 12N 12F 17L 15D 15I 25B 17m 17m 13H 15H 14E 19L 16L 15M 9k 14L 17k 13H 13N 18D 16J 16M 15I 15L 18N 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 14L M12 14H 14I 15M 15J 15J 12H 12H 14D 19K 14F 14M 14M 14D 13I 16M 16M 12M 15M 14O 16L 16L 16L 12M 9L 18L 9L 12F 15L 8K 15M 16M 15M
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554
torontoregionalmaps: Toronto, East York, York
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torontoregionalmaps: North York
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
116
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Builder
6 9 11 14 96 121 1 1 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
Concord Adex Sorbara Group Tridel Corporation Torbel Group ELAD Canada Liberty Development Corp. Concord Adex Context Development Inc. metropia 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
Omega on the park 416-813-2999 • • 30-31 Beacon beaconcondos.ca • from $250,000 54-55 Sherwood at Huntington 416-485-1900 • from $1000,000 BC Diva Condo DivaCondo.com from $225,000 96-97 The Colours of Emerald City coloursofemeraldcity.com • from $250,000 83 World on Yonge 905-771-7010 • from $284,000 35 Opus 416-813-2999 • • The Yorkdale Condominiums 416-781-9990 • from $170,000 The Yorkdale Condominiums 416-781-9990 • from $170,000 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 22C 17C 18G 11C 24C A18 22C 12E 12E 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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Islington Ave
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40
Dixon Rd
12 Etobicoke
Rathburn Rd
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44 Bloor St W
d
Dundas St W
Queensway
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
11 53 3 56 39 4 37 6 33 17 19
Gardiner Expressway Evans Ave
Horner Ave
h
70
Park Lawn
QEW
50 8 5 14 51 34 3 35 16
Royal York Rd
Scarborough
d
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*TH: Townhomes, C: Condo
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Builder Great Gulf Tridel Corporation Concert Properties Times Group Corp. Monarch Corporation ICON Homes Queenscorp Residences Liberty Development Corp. Monarch Corporation 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 Lash Group of Companies Carttera 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. Edilcan Development Corp. Pemberton Group Alterra Homes/Finer Space Tridel Corporation Phantom Developments Your Home Developments VHL Developments Ltd. VHL Developments Ltd. Royale Grand Woodbine Developments MintoUrban Communities Inc. First Avenue Properties
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Passmore Ave
Centennial
Orton Park Rd
Markham Rd
McCowan Rd
Bellamy Rd
St. Clair Ave
Scarborough Golf Rd
n Dr
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Lawrence Ave E
3
17
East Ave Port Union Rd
71
* Due to scale restrictions, locators are d 1 see builder’s ads approximate. Please n R for sto exact locations. ng
Victoria Park
g
Progress Ave
Brim
Eglinton Ave E
f
29
16
427 Morrish Rd
2
Brimley Rd
Warden Ave
Pharmacy Rd
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61
Birchmount Rd
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Kennedy Rd
Ellesmere Rd
Midland Ave
55 401 31
401
15
Beare Rd
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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
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11 Sewells Rd
Finch Ave E
b
10
Neilson Rd
McNicoll Ave
9
Tapscott Rd
McCowan Rd
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7
65
Lakeshore Blvd W
Site Telephone TH* C* Price Range Page Finder One Sherway Condominiums 416-695-3535 • from $280,000 24 16G Islington Terrace 416-645-8862 • from $250,000 IFC 23F The KIP District thekipdistrict.com • from $250,000 75 22G Key West Condominium keywesttorontocondo.com from $320,000 98 24H Lago 416-495-3544 • from $200,000 Insert 24c Royal York Urban Towns 416-901-0206 • from $220,000 105 23H Watermark 416-354-2221 • from $350,000 113 19D Terrace on Danforth 416-987-7575 • from $253,000 35 2F Waterscapes 416-495-3544 • from $400,000 Insert 26H Park Towers at IQ 416-253-5838 • from $170,000 95 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 Cloud 9 Condominiums 416-747-0199 • from $230,000 22B Cloud 9 Condominiums 416-800-0812 • from $230,000 22B ilofts at Mystic Pointe 416-251-8888 • from $310,000 25G California Condos 416-251-8888 • from $242,000 25g Richview 416-746-1234 • from $570,000 22E Jasmine Condominiums 416-702-1234 • from $250,000 2C Residences at The Hunt Club 416-699-1711 • from $300,000 2H Ocean Club 416-255-4663 • from $250,000 24C 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 Triumph at Valhalla 416-233-5554 • from $199,000 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
117
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21 22
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* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
waterfrontmaps: Toronto
#
118
Builder
Site
58 GREAT GULF
Monde
416-466-8885
• • from $304,000
24
17M
1
Pemberton Group
Park Lake Residences
416-769-4343
• • from $250,000
3F
2
Concord Adex
FWD at Concord CityPlace
416-813-0999
• •
13F
5
Concord Adex
Newton at Concord CityPlace
416-813-0999
•
12F
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.
Telephone
TH* C*
•
Price Range
Page
Finder
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to 416-789-9554
Garrard Rd
Adelaide Ave
King St W Bond St W
Park Rd S
Uxbridge TH* C*
Price Range
Lake
og
Scug
Phillip Mur
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
Qu ee nS tE
St W
or Qu Dr ee n
Ro ya lW ind s
La ke sh or eR dW
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
• from $320,000
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to 416-789-9554
Si
Bloor St
Lindsay
28 empire communities
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
Park Rd S
Whitby 7 Waterfront
Stevenson Rd
8
Thornton Rd
Wentworth St
Centre St.
Kendalwood R
Blair St
Hopkins St
401
Gibb St
waterfrontmaps: GTA
Dr
Ce rem on ial
Ra th bu rn Rd W
Sh Sp erid ea an km P an ark Tr Dr Dr us co tt Dr
Th eC oll eg ew ay
Sp ee rs Rd La ke Ma sh cD or eR on Cor ald nw dE Rd all Rd
Anderson St
Rossland Rd
Manning Rd
Garden St Blair St
King
Brock St S Henry St Gordon St
a
48
Telephone
Schomberg
Cochrane St
Cannington
East Gwillimbury Further North Waterfront
Bradford Tecumseth and Waterscapes Tottenham
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Shoal Point Rd
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*TH: Townhomes, C: Condo
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Garden St
Baldwin St S
Taunton Rd W
Town of Whitby
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Georgina
400
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Conlin Rd
Dundas St E
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Pickering Beach Rd
Harwood Ave
Finley Ave
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Thornton Rd
Lakeshore Blvd E
Thickson Rd
1518 20
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Country Lane
Bu rn ha m th or pe Rd E
Garrard Rd
Church St E
16 28
Rossland Rd
Townline Rd
Mara
Audley Rd
Rd
8 Con
Evans Ave
Coronation R
Lakeridge Rd
Audley Rd
Salem Rd
Up pe rM idd le
26
Baldwin St N
Eg Bu lin to rn Ra n ha th b m u th rn or Rd pe E Du Rd nd Th W as eQ St ue E en sw ay
Br ita nn ia Rd W
Av eW St ee les
Duffs Rd
Halls Rd N
4 Sideline R
Park Lawn Cedarbrook T
Royal York Rd
De rry Rd W
Stevenson Rd
Ashburn Rd
Cochrane
Country Lane
Lake Ridge R
d ll R Mi
4 Sideline
Salem Rd
Westney Rd N
Bu rn ha m th or pe Du Rd nd W as St W
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25
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Alliston,
Watermark
24
Village of Gardiner Expressway in 1411 Brookl 2
Queensway
Horner Ave Rossland/Winchester
Oro
Riva Del Lago 9
23
Brawley Rd Bloor St W
QEW
Kingston Rd
Barrie
21 22
Dundas St W
Town of Ajax 11
Adjala 9
6 Sideline
Greenwood Rd
25 queenscorp residences
4 Sideline R
Rd
Mono
Fifth Conces 12 11 9
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11 Monarch Corp. 10 18 Monarch Corporation
93
400
20
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
69
400
Beeton, Site
89
Shelburne
Ravenscroft
Hwy 5
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Essa
19
Mississauga Taunton Rd E Waterfront Orillia
Church St S
Tosorontio Everett
7
Delaney Dr
Montgomery F
D
Builder
Squires Beach Rd
Angus
Brock Rd
Sandy Beach
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Liverpool Rd
u1g0 em ou
Vespra 401
Sunnidale Oakville Granite Court 90 Waterfront Lisle
Whites Rd
Rd ak rlo Bu
Ro
Paddock Rd
Church St N Riverside Dr Notion Rd
Glenanna Rd
Appleview Rd
Spruce Hill Rd e Lin
Stroud's
24 ings K
16 Sideline
27
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Highview Rd
Sheppard Ave
#
Brock Rd sR Oak jor Ma Valley Farm
6
Wasaga Beach
I
69
Rossland Rd
Liverpool Rd
Fairport Rd
No ttin gh ll G Finch iAve ate
18
Columbus Rd
Bracebridge
27
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17
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6 Concession
Tay
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Brock Rd
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w th ra Rd
4 Concession Dr Ford
Dixie Rd
Altona Rd
25
Whites Rd
Rd
Tr em ai hne R d
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d eR Lin
Rd Thornbury
Rd
Brock Rd
Rd
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Georgian Bay
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119
Model Suite Compliments of The Daniels Corporation
www.danielshomes.ca
The Daniels Corporation’s vignette at HighPark Condominiums, designed and decorated by Tomas Pearce Interior Design Consulting Inc.
OCTOBER2014 The Daniels Corporation has been featured as “MODEL SUITE OF THE MONTH” as seen in the New Condo Guide model suite calendar
GTA Edition October 11 - 25, 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
CONDO WATCH
previews & registrations The Berkeley by Carriage Gate Homes
Hotel-inspired living is coming soon to downtown Burlington. Register today. Web: TheBerkeleyCondo.com
The Sorrento by Armour Heights Developments
Register now for Euro-style living in Richmond Hill. Web: TheSorrento.ca
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
LINK2 Condos + Lofts by Adi Development Group
Exclusive preview event October 18. Register now to book your appointment. Web: AdiDevelopments.com
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
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
The Anchors at Lakeview By Dunsire Developments
Coming soon to Mississauga’s lake shore. Register now for 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
122 NEW CONDO GUIDE OCTOBER 11 - 25, 2014
new releases & grand openings Green Life Condominiums by Del Ridge Homes
Now open, an ecologically revolutionary building in midtown Markham. Web: GreenLifeMidtown.com
Pinnacle Grand Park 2 by Pinnacle International
Brand new suites now on sale at Pinnacle Grand Park 2, rising on Mississauga’s skyline. Web: PinnacleInternational.ca
Pace on Main by Geranium Homes
It’s a Main Street grand opening! Luxury suites coming soon to Stouffville’s boutique condominium address. Web: GeraniumHomes.com
Varley by Tribute Communities
Now open, boutique condominium residences steps from the shops, restaurants and galleries of Unionville’s Main Street. Web: MyTribute.ca
The Mark by Empire Communities/ Pace Developments
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
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
SO NATURALE. 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.
CHINESE HOME & CONDO GUIDE 網上 參閱
Chinese home and condo buyers and investors now have a new comprehensive, full gloss real estate magazine to inform and guide them through the buying process in the Greater Toronto Area.
各式電子工具都可瀏覧
ChineseHomeGuide.com
8 4 - Nov 22, 2014 Volume 3 Issue 十月四日至十一月二十二日 / Oct
Launched in 2012, the Chinese New Home and Condo shopper and investor will have a valuable new resource to help inform and guide them through the newest communities in the Greater Toronto Area.
1YO RKV ILLE .CA
Pick Up Your Copy Today or call us for a free copy at 416.626.4889!
的認識 花致勝之道 • 新屋保障計劃 室內裝飾配搭得宜 • 購買樓
GTA Chinse Front Cover 10-04-14.indd
1 dd 1
FC-SEPT-2.in BAZI-NO1-A-AD-NHC-CHINESE
FRONT COVER 7.5 X 10.5" + BLEED
AM 4:45:29 PM 9/23/14 11:39:39 9/19/14 2014-09-15 11:36 AM
newcondoguide.com 124 NEW CONDO GUIDE OCTOBER 11 - 25, 2014
C OM ING
SOON
TO
CLAR K S O N
V I L L A G E ,
M I S S I S S A U G A
INTRODUCING MISSISSAUGA’S MOST ANTICIPATED CONDO COMMUNITY
Artisan-Inspired Condo Residences At The Gateway Of Clarkson Village And Your Life. A well-crafted life from the $300’s
LOCATION MAP
The Craftsman Condominium Residences offers an incredible lifestyle opportunity in the charming Village of Clarkson. Inspired by Frank Lloyd Wright, this four-storey intimate
QEW MISSISSAUGA RD.
CLARKSON RD.
SOUTHDOWN RD.
SITE LAKESHORE RD. W
condominium residence is set within the natural backdrop of Birchwood Park and promises a more modern way of living. Experience the new luxury of space and uncompromising quality. Location, architecture, amenities, suite layouts and price ensure that The Craftsman is equally appealing to first-time buyers, downsizers, families and mature buyers seeking a sanctuary of carefree living in Mississauga’s most desirable neighbourhood, Clarkson Village.
LAKE ONTARIO
Inspired by nature. Artfully designed with you in mind. Prices, sizes and specifications are subject to change without notice. E.&O.E. Rendering is artist’s concept.
REGISTER NOW
craftsmancondo.com
discover
ART THE
OF LIVING
IN THE MARKET FOR A
NEW HOUSE
OR A CONDO?
We think finding a home is a lot more than simply finding the right property. That’s why we put you right in the middle of the search process.
Search your favourite neighbourhood
Find out about nearby services and amenities
View new construction projects and register to get the latest info
Visit the new real estate section on canpages.ca and start looking for that special place.
Powered by
126 NEW CONDO GUIDE OCTOBER 11 - 25, 2014
It's A Main Street State of Mind! Geranium Homes Brings Boutique Condominium Living To Downtown Stouffville
STOUFFVILLE
314,900
650 to 1,517 Sq. Ft.
MAIN ST
SITE
SALES CENTRE OBRIEN AVE
from
FREEL LN
Life At Your Own Pace!
$
from
Luxury Suites
LLOYD ST
Set within a neighbourhood alive with galleries, theatre, restaurants, fitness, recreation and more, this collection of 67 boutique condominium residences embodies the very essence of Main Street living.
BLAKE ST
At Pace on Main each richly appointed residence offers an open concept design with a host of sophisticated features and quality finishes designed to complement a lifestyle of endless comfort, convenience and luxury.
9TH LINE
Discover A Unique Condominium Lifestyle
• 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
BURKHOLDER ST
Mon to Wed: 1 – 6pm / Sat & Sun: 11am – 5pm Thurs & Fri: Closed or by appointment
905-591-1071 geraniumhomes.com Follow us:
BILD 2014 P2G COMMUNITY OF THE YEAR BILD 2012 HOME BUILDER OF THE YEAR CHBA 2011 GRAND SAM AWARD WINNER Prices are correct at press time and are subject to change without notice. Sq.ft. measurements are approximate. E & O E.
IN THE NEWS
ADI DEVELOPMENT GROUP HOSTS REBOOT OUTDOOR BOOTCAMP, fundraiser for the Canadian Diabetes Association RAISING UNPRECEDENTED FUNDS FOR THE
Canadian Diabetes Association (CDA) in Halton, Adi Development Group brought together athletes of all levels from throughout the community to get fit for a cause with Reboot, the outdoor bootcamp challenge. Spotlighting the importance of fitness and nutrition for diabetes prevention and maintenance, the event raised $12,500 for the CDA in its first year. “Diabetes impacts my family. It affects so many lives and the problem is growing. Reboot is a way for us to promote the importance of staying active and eating right while raising funds and helping the CDA to establish a greater presence in Burlington. Diabetes impacts my family, but it also impacts our entire community,” says Tariq Adi, CEO of Adi Development Group. The workout took place on a pristine fall afternoon and energy from the crowd was palpable. Afterwards, prizes were awarded to the most enthusiastic athletes and a nutritious barbecue lunch was provided for athletes to refuel. Building on two successful events and an enduring commitment to the fight against diabetes, Adi Development Group presented a cheque for $20,500 to the CDA following the Reboot workout. In March 2014, Adi Development Group hosted Burlington’s Artindex auction featuring a curated collection of local art that raised over $7,000 for the CDA and launched the organization in Halton. Today, one in four Canadians have diabetes or prediabetes, and the prevalence is growing. If trends continue, this number will grow to one in three Canadians by 2020. Corporate support inside and outside of Burlington for Reboot was unprecedented, demonstrating a growing awareness of the issue. Gold level sponsors included Adi Development Group, Fortress Real Developments Inc., DTZ and UrbanTech West. 128 NEW CONDO GUIDE OCTOBER 11 - 25, 2014
Silver level sponsors included RBC Royal Bank, RBC Real Estate Markets, Baker Real Estate Inc., Lafarge and Cameron Stevens Mortgage Capital Ltd. Bronze level sponsors included Maple Leaf Sports and Entertainment, New Home and Condo Guide, Feltmate Delibato Heagle LLP, Permacon, Bell Fibe, Vita Graphica, Trubody Fitness and RUHTRA Productions. Reboot took place in time with the anticipated early launch of LINK2 Condos + Lofts, Adi Development Group’s striking collection of authentic lofts, urban condos and spacious garden villas unlike anything on the market in Burlington. The final phase of this multiple-award winning project was pushed ahead of schedule in response to unprecedented market demand. Located at the corner of Dundas and Sutton in Burlington, LINK2 Condos + Lofts features studio to two-bedroom condo suites ranging from 437 to 882 sq. ft. priced from the mid-$190’s; one-bedroom-plusden to four-bedroom-plus-den lofts ranging from 915 to 1,443 sq. ft.; and one-bedroom to four-bedroom-plus-den garden villas ranging from 817 to 1, 644 sq. ft. Lofts and garden villas start in the mid-$300’s.
The presentation centre is located at 5210 Dundas St. W. in Burlington. For more information call 905.592.2028 or email link@bakersales.info. To register, visit online at adidevelopments.com.
SIMPLY THE BEST in Burlington
EXCLUSIVE PREVIEW EVENT SATURDAY OCT. 18th Register Now To Book Your Appointment! AdiDevelopments.com • 905.592.2028
COMING SOON overlooking Bronte Creek Provincial Park. One Bedrooms
194,990
$
from
One Bedroom + Den
244,990
$
from
Two Bedroom + Two Bath
294,990
$
from
Two Storey Garden Villas
326,990
$
from
Two Storey Lofts
352,990
$
from
Buy enduring quality. Best concrete-built value in Burlington!
Prices and specificaton subject to change without notice. E. & O. E.
Exclusive Listing: Baker Real Estate Incorporated, Brokerage. Brokers Protected.
CONDO PROFILE
LINK2 CONDOS + LOFTS Early release of
confirms Burlington’s embrace of contemporary design
i
n a bold shift that injects contemporary design into Burlington’s residential story, Adi Development Group responds to unprecedented market demand for their multiple award-winning LINK project, including the coveted crown of best condo suite design at the recent Ontario Home Builders’ Association (OHBA) Awards of Distinction. Pushing ahead the second phase for an early fall launch, Adi unveils a striking collection of authentic lofts, urban condos and spacious garden villas, unlike anything on the market in Burlington. “We’re introducing world-class urban homes that address the need for smart growth in Burlington. We want to be part of the solution and the status quo just won’t cut it,” says Tariq Adi, CEO of Adi Development Group. “The city’s urban landscape is changing and we’re happy to be the catalyst at the forefront of that change.” Rejecting traditional wall and ceiling barriers, LINK lofts are a drastic departure from convention. Two-story window walls look out to the lush ravine of Bronte Creek, and every element of the interior projects to soaring 18-ft. ceilings. Stairs ascend directly into a 130 NEW CONDO GUIDE OCTOBER 11 - 25, 2014
spacious master bedroom that overhangs the central living space, offering views below. Dynamic layouts range up to four bedrooms including a versatile den catering to a sophisticated buyer with a discerning eye for design. Offering increasingly rare affordability in Burlington’s evolving uptown core, the project’s final phase, originally slated to launch in spring 2015, introduces 154 design-forward units in two exclusive midrise buildings. A distinct alternative for family residences, threeand four-bedroom garden villas unfold over two spacious floors anchored by an open-concept main living area. For couples seeking a cosmopolitan alternative, spacious one- and two-bedroom units are also available.
Direct access to a two-car private garage adjacent to the lofts and villas offers the ultimate convenience. Facing Bronte Creek, bold contemporary façades frame the landmark residences’ U-shaped courtyard and provide direct access to Bronte’s Twelve Mile Trail. Encouraging an appreciation of the outdoors, one of the two boutique buildings offers a tiered roof, lined with expansive double-storey terraces and oversized ground-level patios facing out onto the creek. The result is a collection of private garden villas, lofts and condos, wrapped in a lush landscape. “We’ve created an urban apartment form with a range of units like those seen in major cosmopolitan centres, while giving priority to the outdoor amenity space, which is something you don’t always see in an urban landscape,” says architect Roland Rom Colthoff, principal of RAW. With eight Hamilton Halton Home Builders’ Association (HHHBA) awards of distinction, including best highrise exterior and best condominium unit under 1200 sq. ft., and awarded most outstanding high or mid-rise condo suite by the Ontario Home Builders’ Association (OHBA), the experts have weighed in: Adi has delivered. And they’ve done it on their own terms. “LINK encompasses a modern lifestyle, which means we had to create an incredibly progressive product. We knew there was a market for this, but the off-the-chart demand for the product confirms that people are quick to understand this is the future,” says Saud Adi, COO of Adi Development Group. Mimicking LINK’s bold exteriors, each unit’s design is visually striking. Stylish kitchens act as the social hub of each suite, featuring premium features and finishes offered as standard. Custom wood grain cabinets play off bold granite or polished quartz counters with wide plank laminate leading
throughout central living spaces. Optional integrated islands are ideal for entertaining and everyday living. “We’re creating interiors with finishes that are a departure from what the market is doing, reinforced by the OHBA and our award for the best condo suite design. Lofts and condos at the LINK are designed for a sophisticated urban individual, who wants something that complements their lifestyle. LINK2 is the final phase and the last opportunity to be part of this unique design-forward community,” says Tariq Adi. Built into the hillside, the two-storey amenity building extends entertainment space beyond the suites. A resort-style bar extends from the catering kitchen and lounge space, out onto the lush patio. Adi’s recognized commitment to promoting a healthy lifestyle is translated through a focus on amenities, including a fully fitted fitness studio. Embracing the calm of the creek, a spa retreat features hot and cold plunge pools framed by a glass atrium to decompress post-workout. Located at the corner of Dundas and Sutton in Burlington, LINK2 Condos + Lofts feature studio, one-bedroom, one-bedroom-plus-den and twobedroom condo suites ranging from 437 to 882 sq. ft. priced from the mid-$190’s; one-bedroom-plus-den to four-bedroom-plus-den lofts range from 915 to 1,443 sq. ft.; and one-bedroom to four-bedroom-plusden garden villas range from 817 to 1, 644 sq. ft. Lofts and garden villas start in the mid-$300’s. Visit the presentation centre at 5210 Dundas St. W., Burlington. Hours are Monday to Thursday from noon to 6 p.m.; Saturday and Sunday from noon to 5 p.m. For more information call 905.592.2028 or email link@bakersales.info. To register, visit adidevelopments.com. OCTOBER 11 - 25, 2014 NEW CONDO GUIDE 131
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.
4
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905 regionalmaps: Burlington, Brampton, Mississauga, Oakville, Further West, Further North
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* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
Bolton
W al
23
5t
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21 22
St
3
Sid er
2
h
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1
25 th
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Sid
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Builder
Site
1
Vandyk Communities
The Craftsman
5
AMACON
PSV2
7
Great Gulf
Telephone
TH* C*
Page
Finder
from $300,000
125
21N
905-273-9333
•
85
18M
HOT
905-828-4257
•
from $330,000
25
16M
15 ADI Development Group
Link2 Condos+Lofts
905-592-2028
•
from $195,000
129
5M
20 Carriage Gate Homes
The Berkley Downtown Burlington theberkeleycondo.com
•
132
5M
47 The Daniels Corporation
Daniels Erin Mills
905-306-6996
•
from $220,000
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
craftsmancondos.com
Price Range
3
Pinnacle International
The Marquee Townhomes on the Park
905-568-9000
•
from $720,000
20K
4
Conservatory Group
Mirage
905-232-2400
•
from $270,000
20K
8
Fernbrook Homes
Absolute World
416-869-6057
•
from $188,000
21k
8
Cityzen
Absolute World
416-869-6057
from $188,000
21K
10 AMACON
The Residences at Parkside Village
905-273-9333
•
from $250,000
21K
12 Alterra Homes
Renaissance in Olde Brampton
416-710-1010
•
from $295,000
13d
14 Pemberton Group
Rosedale Village Golf & Country Club
905-799-5000
•
from $346,000
12e
16 Vandyk Communities
Windows on the Green
905-822-3333
from $300,000
17M
17 Pemberton Group
Downtown Erin Mills Condominiums
905-630-6300
•
from $300,000
6C
18 Retirement Lifestyle Communities
Palisades on the Glen
905-820-8210
•
from $290,000
17M
19 United Lands
Stonebrook II
905-822-8858
•
22n
21 Casino Bay Dev. Corp./Toddglen
Panoramic Point at Brewery Bay
27 Inzola Group
•
•
1-866-611-5525
•
from $264,000
7Q
Park Place
905-451-7001
•
from $310,000
14G
30 Pinnacle International
Pinnacle Grand Park 2
905-276-3981
•
from $250,000
20L
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
Hwy. 27
Key Maps To wn of O sh awa
12
5
7 407
11 Concess
Markham
ion R
TH* C*
Town of Markham
Denison St
#
Builder
1
Monarch Corporation
Garden Court
416-495-3595
•
from $400,000
Insert
6
Armour Heights Developments
The Sorrento
289-637-1777
•
from $350,000
123
13B
Legacy Park
905-731-8302
•
from $280,000
37
10g
13 Liberty Development Corp.
Telephone
10 Concess ion R
e
2
9 Line
Rd
Hwy. 48 le Dr
n
de
Al
6
Raymervil
8 407
404
Site
34
Bullock Dr Hwy 7
3
14 Ave
2
Main St S
7 14
Major Mackenzie
15
Aldergrove Dr
905regionalmaps: Maple, Thornhill, Richmond Hill, Vaughan, Markham, Ajax, Whitby, Oshawa
26
28
McCowan Rd
Ave
St
45
Kennedy Rd
Warden Av e
Woodbin e
8
18 Ave
16 Ave Carlton Rd
404
John
Steeles Ave E
Steeles Ave W
136
Leslie St
e
Clark Ave W
16th Ave.
32
Thornhill Henderson Av
24 1 13
Yonge St
407
Centre St
40
Leslie St
Langstaff Rd
31
Cachet Pkwy
23
4
rn Ave
e Av
7
43 10
7
1
Strathea
n to
400
22
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Weldrick Rd W
Rutherford Rd
Elgin Mills Rd
Major MacKenzie
Richmond Hill Denham Dr
ng Isli t nce S Clare Kipling Av
50
41 26
Maple
404
Elgin Mills Rd Neal Dr
n
20
Regent St Mill St
St
25
29
e
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25
401
19 Ave
19th Ave.
Yorkland
Huntingto
11
Major Mackenzie
401
Gamble Rd
Bathurst St
d
Dufferin St
y Cr
Teston Rd
Nashville Rd
400
Jefferson Sideroad
Keele St
Kirby Rd
Jane St
Rd
Pine Valle
c
24
401
Weston Rd
Cold Cree k
12 Line Rd
King-Vaughan Rd
To wn of Ajax
City of Pickerin g
Yonge St
6
Bayview Ave
King Rd
23
To wn of W hitby
Bloomington Sideroad
b
21 22
Price Range
Page
Finder 16D
Sky City
905-709-5700
•
from $320,000
8
12F
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
133
12E
44 Liberty Development Corp.
Centro Square Condos 2
905-851-8877
•
from $360,000
36
4G
905-554-8722
from $200,000
22E
31 Pemberton Group
2
Flato Development
Arthouse Condos
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
5
Lindvest
Grand Cornell Brownstones in Markham
905-294-6161
from $340,000
23F
7
MintoUrban Communities Inc.
WaterGarden
416-915-3800
•
from $254,000
11G
8
Del Ridge Homes
Greenlife Condominiums
1-877-479-5448
•
from $279,000
18G
from $250,000
13F
10 Great Lands Corp.
The Beverly Hills Resort Residences
905-882-6636
11 Triaxis Development Inc/Marino Developments
Courtyards of Maple
416-798-7070
•
from $390,000
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 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
41 Quadcam Development Group Inc
Vista Parc Condominiums
905-850-8883
•
from $260,000
3F
45 Kylemore Communities
The 6th Angus Glen
905-887-9950
•
19E
46 Empire Communities
The Mark
905-554-5015
•
21E
*TH: Townhomes, C: Condo
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
•
•
from $250,000
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554
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
OCTOBER 11 - 25, 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 OCTOBER 11 - 25, 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 OCTOBER 11 - 25, 2014 NEW CONDO GUIDE 139
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HOMEBUYERS’ HELP
Compare mortgage rates for your best deal CHARTERED BANKS
Variable
6 Months
1 Year
2 years
3 years
4 years
ATB Financial 2.7 4 2.94 2.89 2.99 3.04 6.30op 6.30op 6.50op Alterna Svgs/Alterna Bk 2.6 4 2.98 2.98 2.98 2.94 6.30op 6.30op Bank of Montreal 3 4 3.14 3.04 3.85 4.39 6.30op 6.30op Bank of Nova Scotia 2.6 4.55 3.29 2.79 3.44 2.89 6.45op 6.50op Canadian Western Bank 4 3.14 3.04 3.75 4.39 6.45op 6.30op CFF Bank 3.69 3.75 2.59 3.79 CIBC 3 2.99 2.79 3.65 2.89 6.70op 6.35op ICICI Bank Canada 3.05 3.15 3.65 3.64 3.69 Manulife Bank 2.7 4.45 3 3.05 3.1 3.14 3.50op National Bank n/a 4.4 3.14 3.04 3.75 2.95 6.70op 6.70op President’s Choice Financial 3 2.94 2.84 2.89 Royal Bank 3 3.14 3.04 3.75 4.54 6.30op 6.30op TD Canada Trust 3 3.09 3.04 3.44 3.94 6.30op Tangerine 3 3.19 3.24 3.49 3.69
5 years 3.19 3.19 2.99 4.79 4.99 3.04 4.99 3.89 3.19 3.39 4.44 4.94 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
2.95
Investors Group Trust
n/a
4.2
3.14
3.14
3.75
4.64
4.99
6.50op
6.30op
n/a
MTCC
2.6
3.6
2.79
3.7
3.44
4.6
4.55
3.29
6.45op
6.50op
2.89
4.95
4.79
OTHER FINANCIAL INSTITUTIONS Airline Financial C.U.
4
Comtech Credit Union
3.1
3.33
3.65
6.2
2.99
6.40op
6.30op
First National Fin. LP
3.95
2.6
6.34op
3.99
6.25op
FirstOntario C.U.
2.95
3.01
3.25
3.29
2.99
3.09
2.99
2.59
2.69
2.89
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
2.75
2.55
2.85
3.2
6.30op
MCAP
2.5
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 Prepared by http://www.FiscalAgents.com/mortgage/rates
OCTOBER 11 - 25, 2014 NEW CONDO GUIDE 141
index of advertisers 45 Charles Ltd. - Chaz Yorkville Condos ADI Development Group - Link2 Condos+Lofts AMACON - PSV2
29 129 85
Amexon Development Corporation - The Residence of 488 University Avenue 45 Aragon Properties - Enigma on the Park Armour Heights Developments - The Sorrento
99 123
Aspen Ridge Homes - Studio on Richmond
57
Bazis Inc. - E Condos
19
Bazis Inc. - No1 Yorkville
5
Camrost - Felcorp - Blue Diamond at Imperial Plaza
3
Camrost - Felcorp - Yorkville Plaza II
1
Canpages - Promo
126
Carriage Gate Homes - The Berkley Downtown Burlington
132
Chinese Home & Condo Guide - Promo
124
Cityzen - Riverside in Pine Grove Concert Properties - The KIP District Concord Adex - Omega on the park
64-65 75 30-31
Liberty Development Corp. - Terrace on Danforth
35
Liberty Development Corp. - World on Yonge
35
Lifetime Developments - Lifeline Charity
42
Lifetime Developments - The Bond Condominiums
23
Luxury Living Magazine - Promo
58
Madison Homes - Zigg St.Clair West
72-73
Malibu Investments Inc. - Smart House
79
Menkes Developments Inc. - Corporate
Insert
Menkes Developments Inc. - The Eglinton Yonge at Heart
Insert
Metropia - E Condos
19
Minto Communities Inc. - West Side
47
Minto Communities Inc. - Yorkville Park
17
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
Cresford Development Corp. - 1000 Bay
143
Cresford Development Corp. - CASA 2
143
Pemberton Group - Sky City
8
Cresford Development Corp. - CASA III
143
Pemberton Group - TEN93 Queen West
9
Cresford Development Corp. - Merton Yonge Condominiums
144
Cresford Development Corp. - VOX
IBC
Digital Device - Promo
112
Dundee Kilmer Developments - Canary District Condominiums
69
Eden Shaw - Chaz Yorkville Condos
29
ELAD Canada - The Colours of Emerald City
83
Empire Communities - Eau Du Soleil Waterfront Condominiums
6-7
Family of magazines - Promo
140
Fernbrook Homes/Cityzen Dev. - The Selby Geranium Homes - Pace on Main
77 127
Pianosi Developments - Perspective Condos
109
Pinnacle International - The Pinnacle on Adelaide
91
Plaza - Corporate
71
PRK Developments - University Suites
18
Queenscorp Residences - Watermark
113
Remington Group - Park Towers at IQ
95
Rio Can - E Condos
19
Rockport Group - The Nest
67
Solotex - Upper Beach Townes
87
Great Gulf - HOT
25
Sorbara Group - Beacon
Great Gulf - Monde
24
Streetcar Development - Riverside Square
59
54-55
Great Gulf - One Bloor Residences
24
T.D. Bank - Corporate
44
Great Gulf - One Sherway Condominiums
24
The Daniels Corporation - Daniels Erin Mills
15
Great Gulf - Pace
25
Great Gulf - X2
25
Great Gulf - Yonge+Richmond
25
Greenland Group - King Blue
63
Guizzetti Developments - Grand Palace
133
ICON Homes - Royal York Urban Towns
105
Lamb Development Corp. - The Harlowe
61
Lanterra Developments - Riverhouse at the Old Mill
11
Lash Group of Companies - Me Condos
111
Lash Group of Companies - The Barrington Condominiums Flats
103
The Daniels Corporation - High Park Condominiums The Daniels Corporation - Model Suite Of The Month
Insert & 49 120
The Daniels Corporation - One Park Place South Tower
51
Times Group Corp. - Key West Condominium
98
Torbel Group - Diva Condo
96-97
Tribute Communities - The College
43
Tridel Corporation - Islington Terrace
IFC
Tridel Corporation - Sherwood at Huntington
BC
Triumph Developments - Howard Park 2
81 39
Liberty Development Corp. - Centro Square Condos 2
36
Urban Capital - RC3
Liberty Development Corp. - Legacy Park
37
Vandyk Communities - The Craftsman
125
35
Your First Home & Condo - Promo
110
Liberty Development Corp. - Royal Gardens 142 new Condo Guide OCTOBER 11 - 25, 2014
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. GLOUCESTER ST.
PARKING AT REAR
143 NEW CONDO GUIDE OCTOBER 11 - 25, 2014
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.
DON’T PLAY THE WAITING GAME FINAL OPPORTUNITY AT YONGE & MERTON The best suites remain at MYC in the heart of Davisville, steps to the subway, parks, trails, 24-hour concierge and trendy Yonge Street boutiques and cafés. Brand new, fully upgraded suites with spectacular views and wraparound balconies. Stunning lobby and amenity spaces furnished with Italian label, Lema. Gorgeous outdoor terrace furnished by Andrew Richard Designs. This is style and sophistication taken to the next level.
PENTHOUSES FROM THE $800’S TOWNHOMES FROM THE $600’S TOWER SUITES FROM THE MID $400’S
MYC
PRESENTATION GALLERY: 170 MERTON STREET
CALL FOR YOUR PRIVATE APPOINTMENT
416.484.1900 myccondo.com
BROKERS PROTECTED. PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. ILLUSTRATIONS ARE ARTIST CONCEPT. E.&O.E.
OCTOBER 11 - 25, 2014 NEW CONDO GUIDE 143
SOLD OUT IN 3 DAYS!
L
I O
L
V U
O
E T
U
D
THANK YOU TORONTO
FOR MAKING VOX THE FASTEST SELLING CONDOMINIUM OF 2014
A leader in fashion-inspired condominium living, Cresford is renowned for its focus on design, detail and location. Trusted for over 40 years, Cresford inspires confidence, creativity and success.
WANT TO MAKE SURE YOU’RE FIRST TO KNOW ABOUT CRESFORD’S UPCOMING NEW DEVELOPMENTS?
REGISTER TODAY AT CRESFORD.COM/FIRSTTOKNOW Brokers protected. Illustrations are artist’s concept. Prices and specifications are subject to change without notice. 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 Tri
*Prices a the arch The follo Room, C 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. October 2014. Facebook.com/Tridel
Twitter.com/Tridel
tridel.com
Luxury Set in Nature’s Splendour. A signature lifestyle awaits, with grand condominiums in a coveted Lawrence Park enclave on the Sherwood Park ravine. Condominium luxury on Bayview from $1 Million.*
GRAND OPENING Come tour our beautifully appointed model suites. 1900 Bayview Ave. Hours: 12 noon – 6 pm For details, visit us at tridel.com or call 416.485.1900
Tridel®, Tridel Built for Life® are registered trademarks of Tridel and used under license. ©Tridel 2014. All rights reserved. E.&O.E. October 2014. *Price and specifications subject to change without notice. Illustrations are artist’s concept only. Building and view not to scale.