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I’M NOT NUMBER ONE...

YOU ARE!

32 Rumsey Road

Location Location Location! Classic South Leaside renovated home. This immaculate detached, two storey, three bedroom gem is primely situated between Hanna & Rolph Rd. It’s a perfect condo alternative for downsizers and a wonderful family home with loads of potential to add on or build your custom, forever home on this stunning 32 x 120 ‘ lot! Meanwhile, just move in & enjoy the spacious principal rooms, the renovated eat-in kitchen and a cozy sunroom that overlooks a mature & secluded perennial garden. Also featuring: beautiful curb appeal, 2 bathrooms, 2 wood burning fireplaces, a finished basement, good storage space & a private driveway with four car parking! Only a short walk to great schools & Leaside amenities & easy access to downtown!

www.32RumseyRoad.com Call me for a complimentary & confidential evaluation of your home. I look forward to discussing with you what can be done to prepare your home for sale so that you can get top dollar this spring! Together, let’s make sure that your home is at it’s absolute best! I am a full-service Realtor that has specialized in our neighbourhood for almost 20 years!

SHEREE CERQUA SALES REPRESENTATIVE 416 275 5224 direct 416 487 5131 office

sheree@shereecerqua.com Not intended to solicit properties currently or in the process of selling with another brokerage.

-Sheree

Ultimate Realty Inc., Brokerage Independently owned and operated

Ana Santos Sales Representative

direct

647-232-7317 a na @ a s a n to s . ca

for more information, visit

asantos.ca e

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16 Edenbridge Drive • Call for Details 16edenbridge.com

#1 IN SALES

AT HARVEY KALLES* FOR 2017! *Bloor Street Office

Top 3 in sales company-wide AT HARVEY KALLES FOR 2017!

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47 Nottingham Drive • $2,129,000 47nottingham.com

77 26th Street • Call for Details 77twentysixth.com

COMING SOON TO MLS 1159 Kipling Ave • Call for Details asantos.ca

21 Courtsfield Crescent

287 Gamma Street

31 Carnation Avenue

35 Rockingham Road

6 Claret Court

Thinking of Buying or Selling?

CALL TODAY for a COMPLIMENTARY MARKET EVALUATION.

2316 Bloor Street West, Toronto, Ontario M6S 1P2 Office: 416-441-2888 *Represented Buyer

elisestern

c : 416.450.4070

LL.B.

e: info@elisestern.com

broker

director’s circle + award winner chairman’s club++ award winner at Harvey Kalles Real Estate Brokerage

w: elisestern.com o: 416.441.2888 ext. 538

Passionate About Real Estate LE SA

R FO

G IN M N COSOO

87 Roberta Drive

204 McMorran Crescent

Charming 3 + 1 bedroom bungalow on a 48’ x 120’ lot! Located on a desirable street in a prime central location! Newer roof and thermo-pane windows. Big front lawn and driveway able to park up to 4 cars! Perfect to live in, renovate or build. Many new homes in the area!

Newly renovated home in downtown Thornhill on premium lot. Open concept renovated kitchen with oversized island, S/S appliances, stone counters & walkout to deck & fenced yard. Renovated master ensuite. Family room with brick fireplace. Basement rec room with 4 piece bath & 4th bedroom.

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108 Kenwood Avenue

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830 Lawrence Ave. West, Unit 1712

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602 Lonsdale Avenue

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639 Lawrence Avenue W. #323

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21 Douville Court

1055 Bay Street #1008

147 Ronan Avenue

6 Dundurn Crescent

101 Peter Street #1909 Y LDVEL SOLUSI

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126 Simcoe Street #802

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75 Portland Street, Unit 802

60 Glengarry Avenue

* Y LDIVEL SOLUS

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61 Charleswood Drive Y LDVEL SOLUSI

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8 Mayfair Avenue

111 St. Clair Avenue W. #416

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2910 Highway 7 Avenue W #708

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23 Baird Avenue

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7601 Bathurst Street #1401

27 Palmerston Gardens

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11 Cassels Avenue

21 Widmer Street #1411

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1073 Cedar Grove Boulevard

6 Clinton Street

1056 Briar Hill Avenue

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308 St. George Street

199 Mullen Drive

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160 Armour Boulevard

70 Roehampton Avenue, Unit 917

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295 Adelaide Street W #3408

114 Glenayr Road

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111 St. Clair Avenue W. #1522

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5 Rosehill Avenue #618

Visit me at:

*Represented Buyer **Represented Buyer and Seller ***Exclusive +2015 and 2016 ++2008-2014

ISSUE 02 • 2018

PRESIDENT James BAKER james@thnmedia.com CREATIVE DIRECTOR Jason STACEY jason@thnmedia.com ADVERTISING SALES Karen KINCH karen@thnmedia.com

Marianne KENNEDY marianne@thnmedia.com CREATIVE PRODUCTION Tim FRANKIW tim@thnmedia.com Dereck ADDIE dereck@thnmedia.com

NOT SURE WHICH

‘GREEN’ VEHICLE TO BUY?

YOU’RE NOT ALONE.

Casey ELOGIO casey@thnmedia.com WEB DESIGN Vaughn JOSEPH vaughn@thnmedia.com ADMINISTRATION Diana LYNAS diana@thnmedia.com PRINTING Lowe-Martin

The Home News Magazine is published monthly and delivered to selected homes in Toronto Central by Canada Post, agreement #41362062. THN Media 2187 Dunwin Drive Mississauga, ON L5L 1X2 Office 905-278-1111 Toll Free 1-855-355-8502 Fax 905-608-9042 thehomenews.ca @thehomenews

8 6

WHAT A

RATE HIKE

MEANS TO YOU

facebook.com/thehomenewscanada

COCONUT CURRY SHRIMPS

DISCLAIMER: Every effort has been made to publish this magazine as accurately as possible; however errors and omissions can occur. THN Media, their employees, agents, representatives and vendors are not liable for any damages relating to errors or omissions in the editorials or advertising which may appear herein except where a specific charge has been made. In such cases THN Media shall have limited liability only to the charge for such advertising or editorials.

My Expertise is Your Advantage 416.921.1112 • www.ellidavis.com • 800.622.9536 • mail@ellidavis.com MY SERVICES INCLUDE: Pre-Listing Staging Consultation Resources for Moving, Cleaning, Decluttering, Content/Garage Sales

ING

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Moving Concierge Professional Photography/Brochures High Ranking, Industry Leading Website Social Media Ads on 6 Dedicated Platforms Local and International Exposure

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240 Heath Street West #704 FOREST HILL LISTING PRICE: $1,200,000

A LE

89 Deloraine Avenue

BEDFORD PARK LISTING PRICE: $3,700/mo

543 Cranbrooke Avenue

AVENUE/LAWRENCE LISTING PRICE: $2,595,000

E ! AS LE LE SA OR

32 Davenport Road TH 103

3 Edgewood Crescent

ROSEDALE LISTING PRICE: $2,300,000

IC PR

110 Bloor Street West #1805

YORKVILLE YORKVILLE LISTING PRICE: $2,250,000 or $8,000/mo LISTING PRICE: $8,950/mo ! LDKING O S AS ER

18 Lower Village Gate PH 9

FOREST HILL LISTING PRICE: $1,595,000

! LDKING O S AS ER

60 Dorval Road

HIGH PARK LISTING PRICE: $788,000

#1 in my Central Toronto office for over 34 years!*

*55 St. Clair Ave. West (1983-2017) *Represented Buyer **Represented Buyer and Seller.

financial

WHAT A

RATE HIKE

MEANS TO YOU ast July, the Bank of Canada (BoC) raised its key interest rate by 25 basis points, from 0.50% to 0.75%. The upward move, the first in seven years, was quickly followed by Canada’s largest banks raising their prime interest rates. While an uptick in the overnight lending rate is a sign of the government’s confidence in the growth of the Canadian economy, it has specific financial implications for Canadian consumers. Homeowners and prospective homebuyers, in particular, will now have to contend with a greater cost of borrowing and homeownership, which could potentially alter their financial planning. With the prospect of further rate increases prospective homeowners shouldn’t do their mortgage calculations on 2.5% five-year fixed rates anymore, but on a more realistic 5 to 6% five-year fixed, he says. Financial plans may also need to change. As interest rates go up and you need to renew

your mortgage, you should consider the impact on your weekly and monthly cash flow. For instance, if you have a $400,000 mortgage at a 2.5% interest rate you may be paying about $448 a week, but a 1% hike will increase your weekly payout by about $50. If interest rates go up by 2 to 4%, you could be faced with an additional $100 per week on your mortgage payment. The BoC’s decision to hike rates also serves as a reminder that you need to periodically stress test your mortgage at a higher rate. A small increase isn’t going to be detrimental to a lot of people initially, but over time if those rates do increase, you’re going to feel it.

Now may be a good time to switch to a fixedrate mortgage, before the rate rises again. There are also implications for investment portfolios, particularly fixed-income securities. Typically, when rates rise, bond

This column, written and published by Investors Group Financial Services Inc. (in Québec - a Financial Services Firm), and Investors Group Securities Inc. (in Québec, a firm in Financial Planning) presents general information only and is not a solicitation to buy or sell any investments. Contact your own advisor for specific advice about your circumstances. For more information on this topic please contact your Investors Group Consultant.

prices drop in value. Those who have a high concentration in bonds could see their investments take a hit. That’s why you should have a diversified portfolio and consider investment vehicles that hedge against the negative impact of rising interest rates. However, there are benefits to rising rates, including potentially earning more interest in a savings account. Mounting rates tend to strengthen the Canadian dollar, too. Rising rates can help if you’re looking to buy some U.S. dollars for investing in U.S. real estate, or buying American securities. Rising interest rates mean you may need to reconsider your mortgage costs, rebalance your portfolio and/or update your financial plan. Ask your professional advisor what’s best for you.

JEFF FINCH, CFP is a Regional Director for Investors Group Financial Services in Burlington. You can contact Jeff at 905.333.3335.

5 ROYAL OAK DRIVE

44 SOU THWELL DRIVE

69 JOICEY BOULEVARD

Luxury in the prestigious Bridle Path. Tons of updates. Private, south facing backyard with garden, patio and heated pool. Fabulous living room. Walk-out basement with wet bar, rec, nanny suite, home theatre, second master with ensuite. Walk to Edwards Garden, schools. Offered at $8,389,000

Custom home boasting over 5,200 sq ft of living space, located in sought-after Rippleton, St. Andrew’s and York Mills school districts. Gourmet kitchen, light-filled central staircase, library, great room, expansive lower level. Master with ensuite and walk-in closet! Offered at $3,499,000

A masterpiece by renowned architect, Richard Wengle, and Mark Hartley Landscaping. Superior materials and workmanship, kitchen with w/o to private yard - an entertainer’s dream. Master with ensuite and walk-in closets. Fin’d basemet with rec room and nanny suite. Offered at $3,499,000

15 LUND STREET

379 ELLERSLIE AVENUE

22 BRUNSWICK AVENUE

Exquisite luxury home built in quiet Richval. Over 5,200 sf of living space, gourmet kitchen with breakfast area, 4 bedrooms with own ensuites. 2-bed basement apt with kitchen and walk-out. Library, large skylights, hardwood, gas fireplace, built-in speakers and more! Offered at $2,988,800

A masterpiece in desirable St. Andrews neighbourhood. The finest craftsmanship and design. 4,000 sf on main and second plus 1,550 sf open concept basement. Large windows throughout. 4 bedrooms, each with own ensuite, hardwood throughout, nanny’s room. Offered at $2,938,880

Rarely offered legal triplex in South Annex! Turn key, luxury rental, totally updated. 3 car parking. Live in one unit and have the tenants pay your mortgage or keep as an investment property. Estimated gross income over $105K, or Air B&B it’s ready to go! Offered at $2,499,000

deliciousdish recipe

Coconut Curry

SHRIMPS with GINGER AND LEMONGRASS

SERVES

his Thai-inspired Curry Shrimp recipe is perfect for those cold winter days when you need something that will warm you from the inside out!

DIRECTIONS

INGREDIENTS

STEP ONE

• 2 pounds large (16-20 size) shrimps, peeled and deveined

Heat a heavy duty fry pan or cast iron pan over med high heat. Add half the oil. Add the shrimps and cook for 2-3 minutes each side or until they are opaque. Remove from the pan to a plate, set aside. STEP TWO

Add the remainder of the oil. Add the onion and sauté until translucent and golden, about 5-7 minutes. Add the garlic, ginger and lemongrass, sauté for another minute or two. Add the curry powder, mix into the onion mixture, cook for another minute. STEP THREE

Add the coconut milk. And the water to the empty can of coconut milk, swish it around the can and dump that water into the pan with the coconut milk, let it boil, add the lime juice, salt, chilis, tabasco. Let the sauce boil and reduce for about 6-7 minutes. Taste the sauce, add more salt, chilis or lime to taste. Add the basil and spinach. Let the sauce thicken so that it coats the back of a spoon, about 3-4 minutes. STEP FOUR

Add the shrimps back to the pan, let cook for 2-3 minutes. Transfer to a serving dish and garnish with chopped jalapeno, cilantro, green onion.

• 4-5 tbsp olive oil • 1 yellow onion, diced small • 3 cloves garlic, smash and chopped • 1” piece of fresh ginger, peeled and minced • 1 stalk of lemon grass* • 2 tbsp curry powder • 1 can of full fat coconut milk • 1/4 cup water • juice of 1 lime • 1/2-1 tsp kosher salt, or to taste • 1/2 tsp dried chili flakes or 1 whole long red chili or 1/2 of a Thai bird chili, sliced in rounds, optional • a few shakes of tabasco, optional • 1 bunch of Thai basil or regular basil, leaves only • 2 handfuls of fresh baby spinach TO SERVE

• 1 jalapeno, finely chopped • handful cilantro leaves, roughly chopped • 2 green onion, sliced in rounds

STEP FIVE

• 1 lime, cut into wedges

Serve with the cooked rice and lime wedges.

• 2 cups jasmine, brown or mixed grain rice, cooked DELICIOUSDISH

*Cut the root end off the lemongrass and then cut the lemongrass where the white part meets the greener part (you only use the white part), discard the root end and the darker part. Slice the lemon grass piece in half in the length and remove the outside two layers of the lemon grass, this part is too tough, discard. Then chop the white part very finely. You can freeze any unused stalks of lemongrass, chopped or left whole.

CAROLYN COHEN BA, BScOT Founder/Chef/Recipe Developer

DELICIOUSDISH Cooking School specializes in Whole Food Home Cooking, Meal Planning, Recipe Developing and Healthy Eating. #CookAtHome D: 416.200.3522 E: deliciousdish@rogers.com DeliciousDish.ca

183 W E L L I N G T O N S T R E E T W E S T # 4 6 0 4 D L O

Paul

NUSCA BROKER

Royal LePage Real Estate Services Ltd. Brokerage 1 Willingdon Boulevard, Suite 1, 2nd floor Toronto, ON M8X 1B9

Office: 416.236.1871

# *

Team

West Toronto & Etobicoke Royal Lepage Real Estate Service s 2017, GCI

d: 416.618.8326 paul@paulnusca.com paulnusca.com

LISTED

TORONTO

$4,398,000

The Ritz! Truly an exceptional world-class residence featuring an unparalleled calibre of design. 3,300+ square foot corner suite completely redesigned and finished to perfection with sleek, striking contemporary style. Floor-to-ceiling span of windows with sweeping south west and skyline vistas at every turn. Private elevator entry, walk-in 1,000-bottle wine cellar, gallery foyer, spectacular minimalist kitchen with Wolf appliances, bar seating for 8. Massive living/dining, full breakfast area, marble baths, gas fireplace, custom built-Ins and entertainment systems throughout. Toronto’s most prestigious address with world renowned 5 Star amenities. 3 parking spaces and locker. No builder’s standard finishes. Every inch has been redesigned & remodeled.

P R O P E R T Y F E AT U R E S • 3,300 + square feet

• Completely redesigned

• Private elevator entry

• Massive living/dining area

• 1,000 bottle wine cellar

• 5 Star amenities

automotive

N OT S U R E

WHICH

"GREEN" VEHICLE TO BUY?

YOU'RE NOT ALONE! he automotive industry is changing in many ways as it searches for vehicles that are more environmentally friendly. Understanding the different options available is not so easy. Battery electric vehicles, diesels, hybrids, plug-in electric hybrids and hydrogen cars… the choices can be confusing and complicated. Let's take a look at the various options that exist currently in the marketplace.

BATTERY ELECTRIC VEHICLES (BEVs) These are cars that do not have a gasoline engine and are fueled only by electricity. This marketplace has grown substantially over the past couple of years and now has several options to consider. NOTE: The use of certain features (AC and especially heating) can greatly affect the battery range per charge, which can be a challenge in particularly hot or cold climates. Thus, the information posted by the manufacturer on how many kms you will get per battery charge may not accurately reflect what you actually get in day to day driving. To fully charge your battery, times will range between 1 hour if using a commercial level 3 charger and 24 hours if plugged into a typical 120V electrical outlet. Many people will install a level 2 charger at home which will charge most BEVs in under 8 hours at a cost below $3.00 per charge in off-peak hours. Fuel and emissions savings are substantial with BEVs.

DIESELS

HYBRIDS

While exceptionally popular in most countries outside of North America, diesels are less popular in Canada and are on the decline especially since the scandal surrounding VW (known as dieselgate) that started in the fall of 2015. Often used in full sized trucks due to increased power and torque for towing, the diesel engine is also more fuel-efficient and typically has a longer lifespan compared to traditional gasoline engines. Diesel technology has changed dramatically in recent years and vehicles are often now much cleaner, quieter, and quicker than before. An even greener option is to use bio diesel, an alternative fuel used in diesel engines that comes from animal fats or plant oils and often does not require any engine modifications.

These are vehicles that combine the use of an electric engine with a battery and a traditional combustion engine fueled by diesel or gasoline. Some hybrids will have the electric engine assist the gas engine at all speeds to reduce fuel consumption and emissions but will never be driven in all-electric mode. Others can allow for only electric power to be used at lower speeds up to about 50-60km/hr. The vehicle charges itself through a process called regenerative braking or while driving on just the engine power and does not require the vehicle to be plugged in to charge.

PLUG-IN HYBRID ELECTRIC VEHICLES (PHEVs) Plug-in hybrids utilize similar technology as hybrids but have much larger batteries, allowing the vehicle to drive at highway speeds for greater distances than regular hybrids in all-electric mode. With a level 2 charger, most PHEVs will be fully charged in under 3 hours at a cost of less than $1.00 in off-peak hours. The more you are able to drive in all-electric mode the greater the fuel and emissions savings. FUEL CELL ELECTRIC VEHICLES (FCEVs) These are electric cars that use hydrogen and oxygen to make electricity, which is then stored in batteries and used to power the vehicle. A lack of hydrogen fueling >>>

automotive

stations, the high cost of production, and challenges in cold climates are some of the major hurdles that these cars face, making it difficult to see them in mass production within the next five to ten years. Currently, they are not for sale in Ontario. FUEL-EFFICIENT CARS, MOTORCYCLES AND SCOOTERS Due to advancements in emissions controls, most newer cars are about 20 times more efficient than cars from the 1980s and 90s. Buying green does not have to be expensive. There are many fuel-efficient cars that have a carbon footprint not much different from more expensive green cars. Motorcycles and scooters are also great options for those wishing to save some money (and often time) on their daily commute. They are also much easier to park, and in Toronto you can even park for free at Green P parking meters. WHICH VEHICLES ARE ELIGIBLE FOR GOVERNMENT REBATES? The only vehicles that currently qualify for any government rebates in Ontario are electric vehicles through the electric vehicle incentive program (EVIP). In 2017, the amount of the rebate available through this program increased substantially. The rebate applies only to brand new plug-in hybrid electric vehicles (PHEVs) or battery electric vehicles (BEVs). The value of the incentive is based on the vehicle’s battery capacity and seating capacity. Most BEVs qualify for the maximum provincial rebate

of $14,000. Most PHEVs will qualify for rebates of between $7,000 and $9,000. The full incentive is applicable on cash or finance deals and on any lease agreement that is at least 36 months. DOES BUYING GREEN SAVE YOU GREEN? The quick answer is likely yes. While the prices on EVs and PHEVs are significantly higher than comparably equipped gasoline cars, when you factor in the Provincial rebates and the additional fuel savings you will most likely save money. One of the main challenges in Ontario now is a lack of supply (especially with BEVs) as demand has spiked with the higher incentives that started in 2017. As more and more people vote for change with their pocketbooks by choosing environmentally responsible vehicles, prices will continue to decrease and the supply and options available will continue to increase. With all these great changes, the green car of your dreams may be closer than you may have thought!

MARK DERRY is an Automotive Advisor/Broker and owner of Mark Derry's CarSense Inc. located in Toronto since 1997. 416.697.8363 www.carsense.to

$2,288,000 1391 Meadow Green Crt, Mississauga A stunning executive home located in prestigious Lorne Park situated in an exclusive enclave! Enjoy a beautiful lot with mature trees and an in-ground pool. With 4+1 bedrooms, 4 baths, hardwood flooring throughout and a magnificent foyer with cathedral ceiling and Scarlett O’hara staircase, this home is just waiting for you. The gourmet kitchen with professional grade gas stove, granite countertops and breakfast area is perfect for family gatherings, or retreat to the private and spacious master bedroom featuring a dressing room and a 5 piece ensuite bath. The professionally finished basement with stone walled fireplace, wet bar and a 5th bedroom (with its own ensuite)

Sam McDadi S A L E S

R E P R E S E N T A T I V E

C: 416.801.2400 O: 905.502.1500

Sam@McDadi.com McDadi.com

allows for plenty of room to expand or entertain. Within walking distance to Lorne Park Elementary School, with easy access to the Qew and just minutes to downtown Toronto. Mcdadi.ca/1391m

1 #2

Ranked # In Sales at Harvey Kalles for 2016

Bloor West Office

DavidAndersonOey

and

Company Wide at Harvey Kalles

35 Kingsway Crescent

THE KINGSWAY LISTING PRICE: $7,488,000

6 Hunthill Court

LINCOLN WOODS LISTING PRICE: $4,280,000

1173 Mississauga Road

LORNE PARK/PORT CREDIT LISTING PRICE: $4,088,000

38 Queen Marys Drive

THE KINGSWAY LISTING PRICE: $2,080,000

79 Edenvale Crescent Etobicoke

LISTED PRICE $3,880,000

SO LD

5 Hanna Avenue Unit 526 Liberty Village SOLD PRICE $785,000

424 Annette Street Junction Village

SO LD

www.DavidOey.com

SO LD

www.Miss-Koka.com

www.LincolnWoodsVillage.com

SO LD

www.KingswayCrescent.com

40 Triburnham Place Markland Woods

LISTED PRICE $768,000

LISTED PRICE $980,000

1 Prince George Drive St George’s Golf Club LISTED PRICE $1,198,000

www.DavidOey.com - virtual tours, photography, filming, features and more

www.DavidOey.com - virtual tours, photography, filming, features and more Direct: 416 908 9800 Email: David@DavidOey.com *Represented Buyer **Represented Buyer and Seller.