Toronto Condo Life - February 13, 2021

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Greater Toronto Area Feb. 13–Mar. 13, 2021

Greater Toronto’s COMPLETE CONDO GUIDE

TORONTO’S PREMIER ADDRESS IN THE ANNEX

INSIDE:

MAKE 2021 YOUR YEAR TO GET ORGANIZED!

WHAT YOU NEED TO KNOW ABOUT HST AND CONDO ASSIGNMENTS

Join us in planting 2 million trees near the 401 Highway of Heroes in honour of the Canadian men and women who served during times of war, and the 117,000 who sacrificed their lives.

If you have a hectare or more of land, within 15km of the Highway of Heroes (401 from Trenton to Toronto), you may be eligible to plant trees for as little as 10 cents/tree.

Trees add value to your property. They act as natural wind and snow breaks while mitigating the effects of climate change, cleaning and cooling the air, and maintaining water.

For more information contact April Stevenson - 1.844.277.HERO (4376) - april@hohtribute.ca & visit hohtribute.ca/plp

COME HOME TO HAMILTON. Same Spirit. New Vision.

COMING SOON. 1JARVIS.COM

TORONTO

MISSISSAUGA

HAMILTON

OTTAWA

THE MARK OF EXCEPTIONAL DESIGN

FEB. 13–MAR. 13, 2021

CONTENTS COVER STORY

22 LIFETIME DEVELOPMENTS NEW PROJECT AT BATHURST AND DUPONT, OSCAR RESIDENCES IS THE LATEST IN BUILDER’S IMPRESSIVE LIST OF GTA PROJECTS ON THE GO 6 condolife magazine | Feb. 13–Mar. 13, 2021

46 44 28 features

50

34 The ambrose Condos Elite’s affordable boutique condo launching this spring

36 1 Jarvis Emblem Developments makes its mark with exceptional designs

CoLumns

18

31 Departments

8

editor’s Note

The hot spot for new homes in 2021 is… the suburbs

26 Condo Pro Make the most informed decision when buying a condo

27

Contributors & masthead

12

Condo Life Online

14

In the Spotlight GTA new home market finishes 2020 on a strong note; more news on pages 15, 16 and 17

20 Inside the GTa 28 58

30 Home realty

31 32

Locator Maps & amenity Charts

65 advertisers Index Want more information? Just ask — and you could win a prize

Oro at edge Towers in Mississauga Exciting new release of penthouses and suites from Solmar

40 burke by Concert Unparalleled value and opportunity at Bloor & Sherbourne

42 One Twenty Condominium Four storeys of sophistication and luxury living in coveted Fonthill

43 Interiors cover

The Marketing edge

44 Decor

real Insight Condo buyers benefitting from more choice

33

38

Statistics tell an interesting story in Toronto and GTA real estate markets Three reasons to register your interest in a project

In Conversation With Vince Santino, Aoyuan Canada

Legally Speaking Condo assignments: What you need to know about HST

Off to a great start

10

Stat Chat

Personal Finance Five steps to prepare to buy a home in a hot market

66 Industry report BILD celebrates 100 years of innovation and collaboration

Dream it, plan it – your ideal kitchen

46 Condo Design How condo suites and amenities are changing to meet the needs of buyers

48 big Style, Small Space Making the most out of working from home

50 Home Finds Home etc.

nexthome.ca | myhomepage.ca 7

EDITOR’S NOTE

OFF TO A Great START

WAYNE KarL EDITOR-IN-CHIEF Condo Life Magazine

EMAIL: wayne.karl@nexthome.ca TWITTER: @WayneKarl

+ get social 8 condolife magazine | Feb. 13–Mar. 13, 2021

In our Jan. 16 issue, we included an Outlook 2021 Special Report, in which we examined some of the key contributors to what could well be another strong year for real estate in the GTA. (If you missed the Outlook 2021, you can find the full version on nexthome.ca).

We’re only one month into the new year, but there’s plenty of evidence to suggest we’re off to a great start.

The latest stats from the Building Industry and Land Development Association (BILD), released in late January, for example, show the momentum is continuing. For December, benchmark pricing for new homes reached all-time highs: $1.025 million for new condominium units, up 11.9 per cent over the last 12 months; $1.32 million for new single-family homes, an increase of 21.4 per cent.

In the resale market, for which the statistics are usually one month ahead of new homes, the average selling price for January 2021 was up by 15.5 per cent year-over-year to $967,885.

The Toronto Regional Real Estate Board (TRREB) says in its Market Year in Review and Outlook 2021 Report, released Feb. 8, that the outlook for the GTA market is quite healthy. TRREB forecasts strong buying intentions, nearrecord sales of more than 100,000 units and a record average selling price.

In 2021, the overall selling price for all home types and areas combined will eclipse the $1-million mark for the first time, reaching $1.025 million, and representing a year-over-year increase of 10 per cent.

All of this, of course, during a pandemic. Imagine how well things could take off once COVID-19 is under control, the economy fully reopens and hesitant prospective buyers enter the market.

“Toronto’s reputation across the world is unparalleled,” Brian Brown, principal of Lifetime Developments (who was also featured in the Outlook 2021 report in January), says in our cover story on page 22. “Not only do we have more cranes in the sky than most active markets in North America, we also can be proud of our stable banking system, low borrowing rates and strong immigration numbers. Paired with the roll-out of a widespread vaccine, the market in 2021 in Toronto will prove to be one that we are very pleased with.”

This pretty much sums up the mid- and longer-term view of many builders and developers in the GTA. To address any short-term apprehension among buyers, Lifetime and others are offering some pretty enticing incentives – inclusions, discounts, upgrades, favourable deposit structures…

Do such offerings and the strong market performance make for a perfect storm of opportunistic buying conditions? At the very least, it’s fair to say they present a pretty compelling case.

The year is off to a great start. We have a feeling we’ll be back here writing about similarly positive results as the months go by.

Interact with us on social media: nexthome

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contributors PERSONAL FINANCE | JESSE ABRAMS Jesse Abrams is Co-Founder at Homewise, a mortgage advisory and brokerage firm based in Toronto. thinkhomewise.com

chief revenue officer

Jacky Hill jacky.hill@nexthome.ca executive Media consultant

Michael rosset editor-in-chief – national real estate

susan Legge susan.legge@nexthome.ca editor-in-chief – Greater toronto area

HOME REALTY | DEBBIE COSIC Debbie Cosic is CEO and founder of In2ition Realty. She has overseen the sale of more than $15 billion worth of real estate.

With Debbie at its helm, In2ition has become one of the fastest-growing and most innovative new home and condo sales companies. in2ition.ca

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 condo developments in Canada and overseas. baker-re.com

Wayne Karl wayne.karl@nexthome.ca ManaGinG editor

rise Levy contributors

Jesse Abrams, Debbie cosic, sara Duck, barbara Lawlor, Linda Mazur, nick Monteleone, Adriana Mot, ben Myers, Lisa rogers, Jayson schwarz, Dave Wilkes senior vice-President, sales nexthoMe

Hope McLarnon 416.708.7987, hope.mclarnon@nexthome.ca senior Media consultants

Jessica Wilson 416.873.1049, jessica.wilson@nexthome.ca natalie chin 416.881.4288, natalie.chin@nexthome.ca diGital sales ManaGer

DECOR | LINDA MAZUR Linda Mazur is an award-winning, nationally publicized designer and Principal of Linda Mazur Design Group. With almost two decades of experience this in demand multidisciplinary design firm is known for creating relaxed, stylish spaces and full-scale design builds within Toronto, the GTA and throughout Canada. She can be reached by visiting lindamazurdesign.com or @LindaMazurGroup

Amanda bell vice-President MarketinG – Gta

Leanne speers senior client relations sPecialist – Gta

sonia Presotto ManaGer custoMer sales/service

Marilyn Watling sales & MarketinG co-ordinators

Gary chilvers, Vi nguyen THE MARKETING EDGE | NICK MONTELEONE Nick Monteleone is Principal and Creative Director, 52 Pick-up Inc., with an extensive background in design. Monteleone is a strong believer in targeted marketing and has helped builder-developer clients sell billions of dollars in new construction over the past 20-plus years. 52pick-up.com

hoMe show ManaGer & newsPaPer circulation – Gta

Josh rosset distribution

distributionteam@nexthome.ca accountinG inquiries

accountingteam@nexthome.ca director of Print Media

Lauren reid–sachs vice-President Production – Gta

STAT CHAT | BEN MYERS Ben Myers is President of Bullpen Consulting. Ben provides pricing recommendation, product mix, and valuation studies on new residential housing developments for builders, lenders and property owners. bullpenconsutling.ca

Lisa Kelly Production ManaGer – Gta

Yvonne Poon GraPhic desiGner & assistant ManaGer

Alicesa Pullan GraPhic desiGner & Pre-Press coordinator

Hannah Yarkony GraPhic desiGners

Johannah Lorenzo, Mike terentiev, Alice Wu BIG STYLE SMALL SPACES | LISA ROGERS Lisa Rogers is Executive Vice-President of Design for Dunpar Homes (dunparhomes.com). Lisa has shared her style and design expertise on popular television programs such as Canadian Living TV, House & Home TV and as a regular guest expert for fashion and image, health and wellness and design on CityTV’s Cityline.

Follow Lisa’s blog at craftedbylisa.ca.

LEGALLY SPEAKING | JAYSON SCHWARZ Jayson Schwarz LLM is a Toronto real estate lawyer and partner in the law firm Schwarz Law LLP. He can be reached by visiting schwarzlaw.ca or by email at info@schwarzlaw.ca or phone at 416.486.2040.

BILD REPORT | DAVE WILKES Dave Wilkes is president and CEO of the Building Industry and Land Development Association (BILD), the voice of the home building, land development and professional renovation industry in the GTA. For the latest industry news and new home data, follow BILD on Twitter at @bildgta or visit bildgta.ca

10 condolife magazine | Feb. 13–Mar. 13, 2021

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Catch up between issues at

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HOUSING MARKET

Outlook 2021 – Why it might turn out to be a great year for real estate From a GTA housing perspective, 2020 was actually a strong year that finished on a high note. And there’s some very good reasons why 2021 could also turn out to be a great year for real estate.

NEW CONDO COMMUNITY

Branthaven offers rewarding lifestyle at award-winning Upper West Side Condos 2 in Oakville There’s never been a better time to make the move to carefree condo living in Oakville. At Branthaven’s Upper West Side Condos 2, your opportunity for award-winning style and attainable luxury has never been easier.

NEW HOME DEVELOPMENT

Mattamy Homes offers classic style and refined luxury at Springwater Discover an array of townhomes and detached homes with the classic style, refined luxury, modern amenities and elevated quality of life you’ve always dreamed of in Springwater, coming soon to Markham.

INSIGHT

Where is the next hot spot for housing in the GTA? Where’s the next hot spot for real estate in the Greater Toronto Area? Industry consultant Ben Myers has a few ideas...

HOMEBUYER INTENTIONS

Homebuyer intentions still strong, though buyers remain cautious – and discerning Prospective homebuyers in and around the GTA may be somewhat cautious with their purchasing intentions for 2021, given all that continues to unfold with COVID-19. But as our NextHome Real Estate Survey reveals, buyers are becoming more discerning about what and where they want to buy, and what they’re willing to pay for it.

YEAR IN REVIEW

20 real estate stories from 2020 There’s no denying 2020 was a year of unprecedented times. Here’s a quick look back at some of the top real estate stories from what was an unforgettable year, for many reasons.

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WHERE MORTGAGE RATES ARE HEADED IN 2021

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Greater Toronto Area Dec. 5, 2020–Jan. 16, 2021

Greater Toronto’s COMPLETE CONDO GUIDE

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HOMEBUYER INTENTIONS STILL STRONG: SURVEY

DEC. 5, 2020–JAN. 16, 2021

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HOMEBUYER INTENTIONS STILL STRONG: SURVEY

WHERE MORTGAGE RATES ARE HEADED IN 2021

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2020-10-28 1:10 PM

IN THE SPOTLIGHT

GTA NEW HOME MARKET FINISHES 2020

ON A STRONG NOTE The GTA new home market in 2020 outperformed the sales total of the previous year, according to the Building Industry and Land Development Association (BILD).

Overall in 2020, there were 37,669 new homes sold in the GTA, according to Altus Group, BILD’s official source for new home market intelligence. This represents a fiveper-cent increase over 2019, and two per cent above the 10-year average.

“Looking back at 2020, the resilience of the GTA new home market was very evident, highlighting the underlying demand for housing in the face of economic uncertainty,” says Ryan Wyse, Altus Group’s manager, analytics, Data Solutions.

“Given the significant changes brought on by the pandemic, the industry and consumers were able to adapt quickly, and the result was an overall increase in sales compared to 2019, with a particular focus on single-family options.”

Single-family homes, including detached, linked and semi-detached houses and townhouses, accounted for 16,973 new home sales in 2020.

This was an increase of 81 per cent from the previous year and 25 per cent above the 10-year average.

Condominiums, including units in low-, medium- and highrise buildings, stacked townhouses and loft units, accounted for 20,696 new home

sales, down 22 per cent compared to the previous year and 11 per cent below the 10-year average.

December 2020 contributed 1,866 new home sales to the annual total, a typical number for the month.

Total new home sales in the month were down 25 per cent compared to December 2019, but still seven per cent above the 10-year average.

With few new projects opening in December, again, typical for the month, total new home remaining inventory dipped from the previous month to 13,171 units, the lowest level since March 2018. Remaining inventory includes units in preconstruction projects, in projects currently under construction, and in completed buildings.

“A healthy new home market should have nine to 12 months’ worth of inventory but due to the disruptions brought about by the pandemic, we currently have only about four months’ worth, based on the pace of sales in the last year,” says Dave Wilkes, BILD president and CEO. “The designation of the construction industry as an essential workplace during the pandemic has allowed us to keep working to ensure that this shortfall is not exacerbated.

We have been able to continue building new homes while adhering to strict health and safety protocols on work sites.”

Benchmark pricing reached all-time highs in December. The benchmark price for new condominium apartments in December was $1.25 million, up 11.9 per cent over the last 12 months. The benchmark price for new single-family homes was $1.32 million, up 21.4 per cent over the last 12 months.

DECEMBER NEW HOME SALES BY MUNICIPALITY CONDOMINIUM UNITS

The One Stop Shop for Builder Storytelling mcouatpartnership.com

SINGLE-FAMILY HOMES

TOTAL

REGION

2020

2019

2018

2020

2019

2018

2020

Durham

19

64

41

377

116

41

396

2019

180

2018

82

Halton

165

69

38

115

49

17

280

118

55

Peel

87

187

145

90

115

43

177

302

188

Toronto

389

1,309

424

35

8

6

424

1,317

430

York

197

334

137

392

188

49

589

522

186

GTA

857

1,963

785

1,009

476

156

1,866

2,439

941

SOURCE: ALTUS GROUP

14 condolife magazine | Feb. 13–Mar. 13, 2021

IN THE SPOTLIGHT

STRONG DEMAND, RECORD PRICES FORECAST FOR GTA IN 2021: TRREB Continuing from a strong finish last year, 2021 will be another healthy one for the GTA real estate market, with strong buying intentions, a nearrecord sales forecast of more than 100,000 and a record average selling price of more than $1 million.

On Feb., 8, the Toronto Regional Real Estate Board (TRREB) released its Market Year in Review & Outlook 2021 Report, detailing its annual market outlook, up-to-date Ipsos consumer polling results, the most recent Altus new home and commercial statistics, rental and mortgage market trends.

“The pandemic certainly resulted in an unprecedented year for real estate in 2020, but it hasn’t put a damper on the overall demand,” says Jason Mercer, TRREB chief market analyst. “Looking ahead, a strengthening economy and renewed GTA population growth following widespread vaccinations will support the continued demand for both ownership and rental housing. But over the long run, the supply of listings will remain an issue, particularly in lowrise segments.”

2021 OUTLOOK

Strong sales growth will be supported by continued economic recovery, including jobs and record or nearrecord lows for borrowing costs.

The pace of new condominium apartment listings will begin to ebb, especially in the second half of the year. With lowrise listings remaining constrained, total new listings are expected to come in at the 160,000 mark.

Market conditions for lowrise homes, including detached houses, will remain tight, with sales rising at a faster pace than listings.

The overall average selling price for all home types and areas combined will eclipse the $1-million mark for the first time, reaching $1.025 million

and representing a year-over-year increase of 10 per cent.

Experts do not anticipate any pronounced uptick in mortgage delinquencies that would create systemic concerns as we move through 2021. Most property owners who took advantage of mortgage deferrals did so out of an abundance of caution rather than financial necessity, and therefore have resumed their regular payments.

The end result was the third best annual sales total on record and a new record for the average selling price. The suburbs experienced the strongest sales growth, especially in single-family homes, with the average selling price topping out at almost $930,000.

“When the pandemic hit, TRREB outlined a detailed policy brief on government economic initiatives to municipal, provincial and federal

GTA RESALE AVERAGE PRICES, JANUARY 2021 (YR/YR % CHANGE) 416

905

Total

Detached

$1.58M (16.0)

$1.31M (36.6)

$1.36M (31.2)

Semi-detached

$1.20M (21.5)

$898,810 (25.4)

$996,794 (26.6)

$814,396 (4.1)

$800,339 (20.0)

$803,578 (15.9)

$624,886 (-8.0)

$547,488 (4.8)

$600,830 (-4.7)

Townhome Condo

SOURCE: TRREB

JANUARY 2021 STATS

January home sales amounted to 6,928 – up by more than 50 per cent compared to January 2020. This strong start to 2021 included sales growth across all major segments, including condominium apartments, both in Toronto and surrounding GTA regions.

The average selling price for January 2021 was up by 15.5 per cent to $967,885 year-over-year.

Price growth was driven by the lowrise market segments, while the average condo unit price in Toronto was down. However, if we continue to see condo sales growth outstrip condo listings growth, renewed growth in condo prices could return later this year, according to TRREB.

governments,” says TRREB CEO John DiMichele. “With regards to housing supply, our key recommendations are to expedite the creation of missing middle housing, that is, multi-unit lowrise housing between detached and mid- to highrises. It is crucial that we expand these development opportunities in residential areas, which are currently only zoned for detached and semi-detached housing.”

2020 IN REVIEW

Last year was punctuated by unpredictable ups and downs, but the second half was marked by consecutive monthly records for home sales and average selling prices. nexthome.ca | myhomepage.ca 15

in the spotlight

905 OVERTAKES 416 FOR GTA NEW CONDO SALES IN 2020 In a year when construction levels soared to record highs, the 905 area overtook the 416 for new condo sales in the GTA, according to the year-end 2020 Condominium Market Survey from Urbanation Inc. New condominium unit sales in the GTA declined 28 per cent in 2020 to 18,247 units, the lowest annual total since 2013 and 15 per cent below the 10-year average (21,421). Sales remained in line with new launches of 18,004 units last year, down from 25,296 launches in 2019. The 4,642 new condominium units sold in the fourth quarter of 2020 was down 43 per cent year-over-year and 22 per cent below the 10-year Q4 average of 5,960. However, a record third quarter brought total units sold during the second half of the year to 11,031 units, above the 10-year average of 10,491 units for second half sales.

“The GTA new condominium market recorded a respectable number of sales in 2020, as the industry pivoted to a virtual sales environment amid lockdowns caused by COVID-19,”

says Shaun Hildebrand, president of Urbanation. “The shift in activity to the 905 region accelerated last year, as demand for relatively affordable suburban sites intensified alongside the broader real estate market.”

For the first time ever, the 905 region represented more than half (51 per cent share) of new condo sales, with 9,288 units sold in 2020 – the third highest annual total on record behind 2019 (10,842) and 2017 (11,531). In Toronto, sales declined 38 per cent in 2020 to 8,959 units, representing a more than 15-year low.

Selling prices for new condominium units that launched for presale in 2020 averaged a record $1,063 per sq. ft., up 10.3 per cent compared to average selling prices for new launches in 2019 ($964).

Average 905 selling prices increased 16.9 per cent to $928 per sq. ft., while Toronto prices grew 10.8 per cent to $1,227.

Despite the shift in new condominium sales to the 905 region, the mix of new units brought to

market last year became smaller. In 2020, a 60 per cent share of GTA new launches were represented by onebedroom and studio units, increasing from a 53 per cent share of new launches in 2019. The average unit size of GTA new launches in 2020 was 688 sq. ft., down from an average of 715 sq. ft. in 2019. Interestingly, the average size of new launches in Toronto increased from 676 in 2019 to 706 sq. ft. in 2020, while the average size of new launches in the 905 declined from 735 in 2019 to 690 sq. ft. in 2020.

Importantly, COVID-19 failed to slow the GTA construction industry in 2020, Urbanation says. Construction starts for new condominium units reached their second highest level on record in 2020 at 26,662 units, increasing nine per cent from 2019. At the same time, a record high 22,473 new condominiums reached completion.

At the end of 2020, a record high 81,029 condominiums were under construction across the GTA.

BAKER GOES B.I.G. WITH STRATEGIC PARTNERSHIP Baker Real Estate Inc. has launched the Baker Insights Group (B.I.G.), with the intent to provide developers the combined power of its experience in

16 condolife magazine | Feb. 13–Mar. 13, 2021

the Canadian high-, mid- and lowrise home market with the leading-edge, real-time research and data analysis of special market advisor, Ben Myers.

“For our clients, the impact of this partnership is significant,” says Baker CEO Barbara Lawlor. “We understand the Canadian pre-construction business and how it’s evolving. B.I.G. allows us to take our insights to the next level and transform them into bespoke business models.”

With an established working relationship, Baker and Myers will use their respective strengths to generate customized design and sales strategies for developers. In a highly

competitive sector, the ability to draw upon targeted data and analysis is a significant advantage for Baker clients.

“Using data-based insights, our clients will be able to fully refine the development and sales of their preconstruction projects,” says Harley Nakelsky, president of Baker Real Estate. “We can now provide them with an even better sense of where consumer demand is moving and how to get in front of it”.

The B.I.G. partnership will also provide a valuable source of market information to condo buyers, allowing them to make informed decisions about their purchases.

IN THE SPOTLIGHT

ONTARIO HOMES LEAD NATIONAL PRICE GROWTH Homes in Ontario continue to be the star performers in Canada in terms of home price growth.

According to the latest Royal LePage House Price Survey, the aggregate price of a home in Canada increased 9.7 per cent year-over-year to $708,842 in the fourth quarter of 2020, as strong sellers’ market conditions continued to shape real estate markets through the end of the year. The significant year-over-year increase in aggregate price was driven by price gains for larger properties.

When broken out by housing type, the median price of a standard twostorey home rose 11.2 per cent yearover-year to $840,628, bungalows increased 10 per cent to $592,899.

Condominiums, meanwhile, rose 3.9 per cent to $509,239. Price data, which includes both resale and new build, is provided by Royal

LePage’s sister company, RPS Real Property Solutions.

“In April 2020, we issued our pandemic period forecast for Canadian real estate, the principle prediction being that unexpectedly soft spring home prices, historically low interest rates, and years of pentup demand would trigger a sharp recovery of sales volumes and rising property prices in the second half of the year,” says Phil Soper, president and CEO of Royal LePage.

“As we close the books on the strangest year in my long career, ‘recovery’ proved to be an understatement. Looking at fourth quarter results we can state without hyperbole that the health crisis triggered a real estate boom.

Ontario posted the highest yearover-year aggregate home price gains in dollar value during the fourth

quarter. In Markham, for example, aggregate prices increased $133,932 to $1.1 million, the highest dollar value increase. Markham was followed

by Vaughan, which increased by $132,699 to $1.13 million; Burlington increased by $115,475 to $950,796; Pickering by $110,905 to $856,725; and Oakville prices increased by $109,912 to $1.21 million.

The aggregate price of a home in the GTA increased 10.4 per cent year-over-year in the fourth quarter of 2020, to $936,510. Standard twostorey home prices rose 11.9 per cent to $1.1 million, bungalows 12.8 per cent to $923,047 and condos 3.6 per cent to $593,811.

Royal LePage projects that the aggregate price of GTA homes will increase 5.75 per cent in the fourth quarter of 2021, compared to the same quarter in 2020.

CANADIAN MULTI-FAMILY SECTOR TO OUTPERFORM IN 2021: MORGUARD The multi-suite residential and industrial property categories were robust performers last year and are expected to lead in 2021, according to the Canadian Economic Outlook and Market Fundamentals Report, from real estate and property management firm Morguard Corp.

“The outperformance of industrial and multi-suite residential assets was driven in part by relatively stable rental fundamentals, boosted by demand for warehouse and logistics space and government transfer payments to renter households, respectively,” says Keith Reading, director, research at Morguard.

Despite the uncertainty surrounding the effects of COVID-19, investor confidence in the multisuite residential segment was

maintained, resulting in the segment’s healthy investment activity levels following the trend seen over the past several years. Reduced rental demand resulted in increased vacancy compared with the prepandemic record lows reported in several cities and submarkets. The segment is expected to experience a steady recovery in tandem with the anticipation and distribution of a COVID-19 vaccine that will ease restrictions for physical distancing, and as a result, boost rental demand.

Efforts from the federal government and Canada’s central bank to support Canadian households and businesses during COVID-19 led to an economic rebound from the historic decline at the beginning of 2020. Meanwhile, the Bank of

Canada implemented cuts to the overnight interest rate to offset the negative impacts of the pandemic on Canada’s businesses and consumers.

These measures bolstered consumer confidence levels, resulting in increased levels of spending during the summer and early fall of 2020.

52pick-up.com

nexthome.ca | myhomepage.ca 17

ADVICE | STAT CHAT

THE HOT SPOT FOR NEW HOMES IN 2021 IS…

THE SUBURBS BEN MYERS I have spent a lot of time working on consulting and price valuations for new condo projects in the suburbs over the last couple of years, with activity picking up considerably in 2020. I recently worked on projects in the typical high-density areas of Markham, Vaughan, Richmond Hill and Mississauga, but also King City, Newmarket, Aurora, Innisfil, Ajax and Clarington, to name a few. My clients have been looking in these markets, because the suburban condo markets are hot!

For the first time ever, the suburbs – or 905 region – represented more sales than 416 (the amalgamated City of Toronto). Slightly more than half (51 per cent) of all new condominium sales in 2020 were in the 905, according to data-tracking firm Urbanation Inc. Toronto new condo sales declined by 38 per cent to a 15-year low. Additionally, the unsold inventory of new condos in the 905 was down 12 per cent to about 4.8 months of supply, indicating very strong demand. On the flip side, the unsold inventory of new condos in Toronto rose 1.4 per cent to about 13.5 months of supply – a balanced market.

Why is this happening? Employees have been given much more flexibility when it comes to where they need to live, as working from home becomes the norm. Living just outside Toronto gives buyers the convenience of being close enough to the big city, while reaping the rewards of much more affordable prices. The average selling price for new condominiums in the 905 area in 2020 was $925 per sq. ft. (psf) – much lower than in Toronto at $1,227 psf. Governmentmandated lockdowns and stay-at18 condolife magazine | Feb. 13–Mar. 13, 2021

home orders have eliminated many of Toronto’s best-selling features, such as popular restaurants and entertainment options. Toronto’s loss was the 905’s gain – the increased demand and limited supply caused the average selling price of new condos in the 905 region to increase by nearly 17 per cent last year.

“

has just four months. The low inventory led to an all-time high for benchmark pricing in December 2020. The average unsold price for new condominiums increased 11.9 per cent over the last 12 months, while the average unsold price for new single-family homes was up 21.4 per cent.

Employees have been given much more flexibility when it comes to where they need to live, as working from home becomes the norm.

Even in the middle of an unprecedented pandemic, the overall real estate market remains strong, as the number of new homes sold overall in 2020 increased by five per cent. The year saw a sharp increase in the demand for new single-family homes, with sales up 81 per cent, according to the Altus Group (25 per cent above the 10-year average).

Condo sales were down in 2020 compared to the previous year, despite the boom in the 905 condo market. With just an average second quarter, condo sales would have been close to the fifth highest year on record, but as you know, we had an interruption during those months.

The lack of sales in Q2 2020 was due to developers not launching, and sales offices closing due to COVID-19.

You might have read this analysis and concluded that the 905 is hot, but there must be some deals somewhere. I’m not sure that’s the case. At the end of last year, unsold new home inventory dropped to its lowest level since March 2018 (single-family and condos combined). A healthy market should have about 12 months’ worth of inventory – the current market

”

It is really hard to wrap your head around all the factors impacting the market; low interest rates are clearly a driver, the desire for a larger property because of working from home, and teaching from home is clearly pushing young families to alter their buying habits. It is clear that many investors are saving more; less money spent on gas while commuting, less money spent on vacations, less money spent dining out, less money spent on live sports, concerts and movies, and more cash to invest. The data suggests that they are choosing real estate.

Before you jump on the bandwagon and buy in 2021, contact an experienced real estate professional, talk to a mortgage broker, and do a lot of your own research. Good luck.

Ben Myers is President of Bullpen Consulting, a boutique residential real estate advisory firm specializing in condominium and rental apartment market studies, forecasts and valuations for developers, lenders and land owners. bullpenconsulting.ca Twitter@benmyers29

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ADVICE | ConDo pro

MAKE THE MOST INFORMED DECISION

WHEN BUYING A NEW CONDO BArBArA lAWlOr

Buying a new condominium is different from purchasing a new lowrise home. It is important to understand exactly how, in order to make an informed decision.

Fortunately, there is a lot of help from the government, including a new publication called Ontario’s Residential Condominium Buyers’ Guide by The Condo Authority of Ontario and the Ministry of Government and Consumer Services (visit condoauthorityontario.ca). As of Jan. 1, 2021, all new pre-construction condo buyers in Ontario should receive a copy at the time of the Agreement of Purchase and Sale.

The new guide reflects changes to Ontario’s Condominium Act (visit ontario.ca), which applies to and regulates all condo corporations in the province. It lays out the requirements

Lumina at Emerald City

for the governing documents, how they are created and amended, and they must all be consistent with the Act, which was amended last year to accommodate necessary changes caused by COVID-19. For example, condos have an extended deadline to hold their annual general meetings, which can be held by electronic means. These pandemic-fueled changes apply for the duration of the COVID-19 emergency, plus 120 days beyond its end.

The new Buyers’ Guide promotes transparency regarding condo ownership and the purchase process. The guide was written after consultations with stakeholders in the condo sector, to be used through the life of the unit ownership. Among the many topics covered are the movingin process, what it’s like to live in a condo and how owners can resolve any issues that may arise. In fact, the guide may be of interest to those who already own condo suites.

Another tool that has been useful for years is CMHC’s Condominium Buyer’s Guide (cmhc-schl.gc.ca) to purchasing a condo (new or resale) in Canada. It covers everything from the pros and cons of owning a condo, to the buying process, and even provincial and territorial fact sheets. It is chock full of pertinent information.

Keep in mind that you can turn to industry professionals for information that will help you buy with confidence.

Baker Real Estate Inc., for example, is a well-respected source of data and advice for new condo buyers.

Our representatives welcome your questions and are happy to do what they can to make the perfect match for you.

And of course, word-of-mouth is also a resource. Talk to condo owners you know and ask about their purchases. Were they happy with their decisions? Is condo life what they thought it would be?

Would they do anything different next time around? Remember, condominiums are essentially vertical communities where you live close to your neighbours and meet them in the hallways, lobby and amenity spaces on a daily basis. It is critical to respect everyone’s rights by following the rules set out by your building’s condominium corporation. You may even decide to serve on that board of directors for the optimum involvement in your community.

A condo is a wonderful financial and lifestyle investment. If you are looking at buying, especially if is your first condo purchase, pull out all the stops and use whatever resources are available. The new provincial guide is a wonderful addition to your smartbuying “toolbox.”

Barbara Lawlor is CEO of Baker Real Estate Inc. A member of the Baker team since 1993, she oversees the marketing and sales of condominium developments in the GTA, Vancouver, Calgary and Montreal, and internationally in Shanghai. Having received numerous awards and accolades, she is an in-demand columnist and speaker well respected for her impactful industry voice.

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nexthome.ca | myhomepage.ca 19

#InsidetheGTA

by SUSAN lEGGE

GTA

COMING SOON TO EAST TORONTO

A GOOD SIGN The sales centre for Madison Homes’ new Mila community is beginning to take shape on the north side of Lawrence Avenue East, between Midland Avenue and Brimley Road in east Toronto. Registrations for this muchanticipated development of towns, semis and singles are happening now.

A new school is also planned for the area. milabymadison.com

4 reasons to register for Emblem Developments’ new 1 Jarvis project in Hamilton

1

2

3

4

It’s in Hamilton!

A+ amenities.

15 storeys in height.

You can commute.

The Hammer, Hamilton’s other nickname (and darned if I could find out why), is undergoing a major transformation.

With plans for a fitness centre and a co-working lounge, you’ll be among the first to find out exactly what’s in store for purchasers.

Nice height and building design. 1 Jarvis includes retail spaces at street level. It’s close to plenty of amenities, too.

It’s about a 12-minute walk to the Hamilton Centre GO station.

20 condolife magazine | Feb. 13–Mar. 13, 2021

Public art is all around us Outdoor public art exists all over the GTA, although some of these installations, such as this one, are not always in plain view.

In Toronto, art installations are often the direct result of the City working with the private sector to secure public art contributions through channels such as development review, official plan amendments and re-zonings.

Do you know where this Toronto art installation is?

Check out our next issue for the reveal. Here’s a hint: Tobogganers roar down the nearby hills whenever there’s a good snowfall.

Canary House coming to market in 2021 News about Dundee Kilmer Developments’ newest residence within the multi-award-winning Canary District has just been announced. With plans to come to market this year, Canary House, at Front and Cherry Streets, is part of a 35-acre master-planned community in Toronto’s West Don Lands. Connecting Corktown Common park’s 18 acres to the Distillery District, Leslieville and the city core, the Canary District is a fan favourite delivering the live-work-shop experience that many people now get to call home. canarydistrict.com

Marla on the Park A cute midrise condominium is coming soon to the Glencairn Road and Marlee Avenue area of Toronto, within walking distance of the Glencairn subway station.

Developed by Kultura, the project, entitled Marla on the Park, has Wenderley Park as its neighbour and is only two subway stops from Yorkdale Shopping Centre. The commuter-friendly location is also minutes from Hwy. 401 and downtown Toronto. Register early to receive more information as it becomes available. liveatmarla.com

Urban towns in Richmond Hill With prices starting from the mid $600,000s (at press time), Laurier Homes’ new release of Urban Towns at High Point, at Yonge and Major Mackenzie, is sure to be snapped up quickly by savvy buyers on the hunt for homes in the 905 area. highpointtowns.ca

I’m always looking for events and new happenings to explore. Send your tips to: susan.legge@nexthome.ca nexthome.ca | myhomepage.ca 21

COVER STORY

Oscar Residences

LIFETIME DEVELOPMENTS NEW PROJECT AT BATHURST & DUPONT, OSCAR RESIDENCES IS THE LATEST IN BUILDER’S IMPRESSIVE LIST OF GTA PROJECTS ON THE GO As we begin to emerge from a tougher year, all eyes are on the Toronto condominium market to see how it will perform over the coming months. Leading economists, financial analysts and developers alike all stated their predictions on the market and what they expected to see, and the sentiments have been positive and optimistic: Torontonians 22 condolife magazine | Feb. 13–Mar. 13, 2021

are heading in the direction for an active, busy and strong spring, summer and fall.

As a family-run business with more than four decades of experience in the building and development space, Lifetime Developments is no stranger to ebbs and flows, recessions or market blips. While this pandemic has truly been unprecedented, the

development group has learned from history and uses its experience of developing more than 7,000 homes over the last 10 years, to adapt to evolving market needs, timing their releases for when buyers and investors will be ready.

“Toronto’s reputation across the world is unparalleled,” says Brian Brown, principal, Lifetime

Liberty Market Tower

Developments. “Not only do we have more cranes in the sky than most active markets in North America, we also can be proud of our stable banking system, low borrowing rates and strong immigration numbers. Paired with the roll-out of a widespread vaccine, the market in 2021 in Toronto will prove to be one that we are very pleased with.”

This spring, Lifetime Developments will be presenting its latest project: Oscar Residences, Toronto’s premiere address at Bathurst and Dupont.

Located in the eclectic Annex neighbourhood at 500 Dupont St. W., Oscar Residences will be an intimate boutique building with 157 suites offering one-, two- and three-bedroom units, ranging across nine storeys. Lifetime has worked thoughtfully with partners Mason Design and Turner Fleischer Architects on a sophisticated and

Whitehaus

bold design that will cater to its residents, featuring sleek, multi-use amenity spaces such as an outdoor terrace, a resident’s lounge, chef’s kitchen and dining area, fitness centre and dog social lounge. As with all its projects, Lifetime is working with an artist collaborator on the launch – this time, with iconic Canadian photographer George Pimentel, renowned for his documentation of celebrities and power players at the world’s most exclusive A-list events including The Oscars, the Golden Globes, TIFF and more. Registration is now open at oscarresidences.com.

In addition to Lifetime’s latest launch, the development group is also offering exciting buyer incentives for some of their other renowned projects that will take occupancy in 2021 and early 2022. Whitehaus, which had its first residents move in last month, rises 31 storeys at Yonge

and Eglinton, in proximity to some of the city’s best restaurants, cafes and shops. Designed to encourage personal expression and breed creativity, the building features architecture by Turner Fleischer and interiors by Cecconi Simone, and delivers a vibrant artist studio, an event kitchen and outdoor lounge. With very limited inventory left, Lifetime is currently offering buyers lockers with all suites, zero

Brian Brown

Panda Penthouse nexthome.ca | myhomepage.ca 23

Liberty Market Tower

development fees and more than $15,000 in additional incentives.

Liberty Market Tower, the 28-storey finale of a three-phased mixeduse community in vibrant Liberty Village, features 281 luxury residential suites, all with connectivity to the existing Liberty Market Building. With architecture by Wallman Architects and interiors by Cecconi Simone, LMT delivers more than 12,000 sq. ft. of indoor and outdoor amenity space offering residents incredible views overlooking both south of the city and Lake Ontario. For the handful of remaining units, which are slated for occupancy in late 2021, Lifetime is offering an incredible line up of buyer incentives – including a zero development fees, a free locker and parking with most suites, and more than $15,000 in cash back. An incredible opportunity to live in one of the most connected communities in Toronto, with a walk score of 96, a five-minute walk to both the GO station and the 504 King streetcar.

Panda, a 30-storey perfect mix of retail and residential located a short walk to Dundas Square, the Eaton Centre and Ryerson University campus, will take occupancy in late 2021. The black-and-white tower, a balance of yin and yang, offers just 560 units for those seeking unparalleled urban convenience, with architecture by Turner Fleischer and design by Cecconi Simone. With only five Penthouse suites remaining,

24 condolife magazine | Feb. 13–Mar. 13, 2021

Panda

buyers looking to invest will benefit from zero development fees, a free locker and parking with all suites and $15,000 in additional incentives – the perfect incentive to reside in a home where you can find everything at your doorstep.

Finally, in a project slated for 2022 occupancy, XO Condos, a 14-storey development at King and Dufferin, offers its residents stunning architecture at a bustling intersection where King West and Liberty Village connect. Those buying remaining units available in the building’s 307 suites, which feature interiors by Tomas Pearce and architecture by Turner Fleischer, will benefit from

XO Residences

capped development fees, free locker and parking on all suites and $15,000 cash back with all suites.

In addition to the exciting projects listed above, Lifetime Developments has been hard at work finalizing zoning and starting applications for a number of projects to be announced shortly, including a second development at Yonge and Eglinton and other great neighbourhoods such as Yonge and St. Clair and River and Dundas. Lifetime is confident not only in the 2021 market, but in the future of development and real estate in Toronto. lifetimedevelopments.com

ADVICE | LEGALLY SPEAKING

CONDO ASSIGNMENTS WHAT YOU NEED TO KNOW ABOUT HST JAYSON SCHWArZ, llM AND HAMZA AHMAD, JD

Many clients think that doing an assignment of a home purchase agreement is a simple transaction, but the reality is far different. It is an extremely complex transaction and, if not handled properly, can result in the loss of a lot of money. There are two issues relating to HST that assignors (sellers) and assignees (buyers) should consider when entering pre-construction freehold and condominium assignments.

HST ON ASSIGNMENT FEES

HST is payable on an assignment sale of an Agreement of Purchase and Sale (APS). Remember, when you do an assignment, you are not selling the house or property – you are selling only your APS. The issue is what you pay the HST on, who pays it and how much that will be. Generally, the HST will be in addition to the price, and paid for by the buyer.

Your assignment agreement must be clear to show what the profit is on the transaction, as it should only be the profit that is subject to HST. The standard realtor’s form of an assignment agreement does not include sections on crucial issues regarding HST. It is important you get a lawyer to help carefully draft the assignment agreement to reduce the risk of future issues with CRA. In a resale home situation, HST is payable on the profit only provided the assignment agreement is properly drafted.

As an interesting aside, most people would reasonably conclude

that getting back your deposit is not subject to HST, but CRA takes the position that it is – even though CRA lost in a court ruling that said there is no HST on deposit returns.

HST NEW HOUSING REBATE

Adjustments on closing can surprise homebuyers new to pre-construction properties, and assignments only add to the potential shock. The builder will want to collect the HST on closing of the original purchase where there has been an assignment sale, and the buyer will need to get the HST back later.

Newly built properties are subject to HST, but some or all of the HST payable can be recovered immediately on closing through the HST New Housing Rebate (the Rebate). The Rebate has specific rules that may affect a purchaser whose circumstances change over time; the Rebate is provided only if the purchaser or an immediate family member resides at the property, and if the builder accepts that this is correct

and there has been no assignment outside that group.

In pre-construction condominium assignments with occupancy closings, an assignee must confirm whether the unit has ever been occupied. If a unit has been occupied, then the assignee may not be eligible for the Rebate.

The moral of the story is that you really should retain an experienced lawyer to help you through these issues, whether buying or selling.

Realtors provide an important service, but a lawyer will take the time to review everything properly and make sure you are protected, and that there are no open questions.

Jayson Schwarz, LLM, is senior partner, and Hamza Ahmad, JD, is an associate at Schwarz Law Partners LLP, a real estate and business law firm.

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nexthome.ca | myhomepage.ca 25

IN CONVERSATION WITH...

VINCE SANTINO SENiOr ViCE-PrESiDENT OF DEVElOPMENT AOYUAN CANADA

by WAYNE KArl

garage, and our site team will begin work on our above grade structure this month. Sales have continued to be very strong through the pandemic, and we have only a few great suites left in Phase 1.

How did the company pivot to deal with COVID-19 restrictions, and how are consumers responding?

From a sales perspective, we increased focus on electronic instead of in-person transactions, which helped us maintain momentum. Whenever necessary, we took a “by appointment only” approach with our sales office and, of course, with strict implementation of all COVID protocols.

Our valued customers’ response has been very positive, as we endeavoured to make their experience as user friendly as possible. They, along with our valued broker partners, adjusted very well, and together we’ve kept the process of buying a new home as seamless as it was prior to COVID.

One of the most notable master-planned communities being built in the city is M2M, Aoyuan International’s first development in Toronto. Located in a prominent neighbourhood in North York, just north of the Yonge and Finch transit hub, M2M boasts many of the things today’s new-home buyers are looking for.

When completed, M2M will comprise five towers, 1,650 residential units, tons of office and retail space, a community centre, children’s daycare and even its own greenspace for a future park.

We caught up with Vince Santino, senior vice-president of development, for an update on this fully integrated neighbourhood – designed for living, working and playing – and a possible surprise coming from Aoyuan this year.

How are things coming along at M2M? Construction on our first phase has progressed very well.

We’re just about completed our underground parking 26 condolife magazine | Feb. 13–Mar. 13, 2021

Last year was quite the surprise, given the strong performance of the industry in spite of the challenges of the pandemic. What do you attribute this to?

Our resilience as an industry. We’ve all been able to adapt quickly and still meet the needs of our customers. The Building Industry and Land Development Association and the Ontario Home Builders’ Association together have kept us galvanized and informed as a group. Our membership has incredibly strong leadership, which has helped us all navigate and move forward well during a very challenging time. We have never lost sight of the fact that Ontario is one of the best places in the world to live, work and play, and have stayed focused on providing housing opportunities and choice to so many who want to build their lives here.

How do you assess the current market? Clearly, COVID is having an impact, but many believe things could boom quickly once the situation is under control…

We at Aoyuan share that sentiment. Over the course of the last nine months, we have continued to see our registrations rise and field inquiries on timing for next sales

releases and our second phase, as well. It has given us a sense that there is a lot of capital parked on the sidelines and that people haven’t necessarily cancelled their plans to buy a new home, but rather have put them on a short pause and will jump in as we start to come out of the pandemic. Housing supply is still a challenge that we’re all working through here in Ontario, and low interest rates have continued to stoke buyer confidence, especially in and around the Greater Golden Horseshoe, where their investment in a new home continues to be a sound one.

How does Aoyuan plan to take advantage of the pent-up demand?

We’re busy preparing for the release of our next phase at M2M. Over the last few months, we have continued to connect with our valued customers with updates on what is upcoming, and at the same time have focused on those elements that made our Phase 1 offering successful. Our goal is to build on this in Phase 2.

In our recent Outlook 2021 Special Report, your general manager Fan Yang talked about Aoyuan continuing to develop residential projects that include expansive suites to make condo living more comfortable for multi-generational families and other demographics. How are you doing that?

Phase 2 at M2M will continue to offer a significant percentage of larger suites as we did in Phase 1, with new and very efficient designs that continue to maximize utility and give our customers choice. We’ve placed special focus on maximizing spaces, such as dens and living areas, in our suite designs and our common area amenities such as offices, boardrooms, fitness and children’s activity rooms, as well as outdoor spaces, understanding that multi-generational families want comfort and flexibility. Given we’ve all learned how to be at home more and yet still live our daily routines over the last several months, every bit of space has become more precious.

What have you learned from the beginning of M2M – from planning, approvals and construction – that you can apply later in this project or in future projects?

One important thing is to continue to be realistic with respect to delivery timelines. Construction and development activity in the GTA has been at unprecedented levels, especially over the last decade.

Government staff and regulatory agencies at all levels, along with subtrades and consultants, have all managed intense workloads and subsequently, approval timing and construction schedules have seen the impact of this. It has become much more important to manage expectations in this respect.

Large, master-planned communities such as M2M – with different housing types, sizes and price points, plus proximity to amenities and transit… there are others emerging in Mississauga near Square One, along the lake in Port Credit, and elsewhere… How much are these developments becoming the new home destinations of the future?

We believe this trend will continue in and around the GTA, given the continued upward pressure on prices for singlefamily homes in more suburban areas, which remain in high demand. The trade-off and value proposition of being in a community that readily offers transit choices and a variety of amenities, all within a much smaller and more pedestrian friendly radius, is resonating more with newhome buyers.

What’s next for Aoyuan Canada – in Toronto or elsewhere in the GTA – beyond M2M? Toronto continues to show its strength, and we feel very fortunate to be active in such a great market. This year will see us continue to focus on the GTA, and we’ll have one or two surprises in store outside of M2M. So stay tuned. aoyuaninternational.com

on a personal note How have you coped or managed during the COVID restrictions… taken up any new hobbies or acquired any new skills… perfected your barista skills?

Daily – and early – morning exercise has really helped me get through this period… and yes I have continued to work on those limited barista skills. Still searching for the ultimate espresso bean!

What’s the first thing you’re going to do once things return to “normal”?

Vacation? A golf trip…?

A full on, no-holds barred dinner, after 7 pm, with a few friends at one of our favourite holes in the wall… the little things we all have come to appreciate so much more.

What’s on your reading list these days?

A couple of Stephen King oldies that I had been meaning to get to for a very long time! nexthome.ca | myhomepage.ca 27

ADVICE | HomE REAlty

STATISTICS TELL an INTERESTING STORY In TORONTO anD GTA REaL ESTaTE MaRKETS

DEbbIE CoSIC

Now that we’re into the second month of the new year, there is a lot of news about the housing situation in Toronto and the Greater Toronto Area, and what’s to come for 2021.

Surprisingly, to naysayers, the most recent Altus Group statistics show that in 2020, there were 37,669 new homes and condos sold in the GTA – up five per cent over 2019 and two per cent above the 10-year average.

New condominium sales were down, but out of context, that statistic looks negative. This was mainly due to lack of launches – hence, lack of supply.

In fact, looking at the bigger picture, sales are likely to be robust from here on in.

“A healthy new home market should have nine to 12 months’ worth of inventory, but due to the disruptions brought about by the pandemic, we currently have only about four months’ worth, based on the pace of sales in the last year,” says Dave Wilkes, president and CEO of the Building Industry and Land Development Association. In other words, demand is taking over supply in that ongoing equation.

“

Once again, we’re heading down the path of a serious housing shortage

”

28 condolife magazine | Feb. 13–Mar. 13, 2021

As the COVID-19 vaccine rolls out and when the government approves immigration to its previous levels, condominium sales will surge again. Depending on the COVID-19 response to the vaccine, Canada is set to welcome more than 1.2 million permanent residents over the next three years. Historically, Toronto and the GTA will be residential destinations for a substantial percentage of immigrants. A full 150,000 are expected to settle in the Greater Golden Horseshoe area.

Back to statistics: Although condo sales were down in 2020, highrise openings were down 13 per cent, and supply was also down 27 per cent. And yet, the benchmark price of highrise in December 2020 was up 12 per cent over 2019. As of December, the benchmark price was more than $1 million, an all-time high. Prices continue to go up, because investors understand the ongoing appeal of condominiums, regardless of the economic situation.

As for investors, the rental market in Toronto and the GTA was largely impacted by Airbnb units being sold off, and reduced demand for student rentals. Both of these conditions will change when the pandemic subsides.

Once schools and travel reopen, investors will see their returnson-investment rise. Rentals will be absorbed, and we’ll be in a shortage situation again. A rental market study in fall 2020 showed a shortage of up to 200,000 rental units in Toronto and the Greater Hamilton Area within the next 10 years.

Overall, staying the course in real estate investing is the key to making money. Real estate is a cyclical

industry, so riding out the lows is wise. Everything points to an even more serious housing shortage once we say goodbye to COVID-19.

Remember, too, that mortgage interest rates are unbelievably low – and likely will be for quite a while.

Positive conditions for buying are rare because of that alone. I am always surprised when people ask me whether it’s a good idea to get into real estate. Of course it is. Just look at how well investors have done over the past couple of decades. If you’re not in the market, you’re behind the eight-ball – so don’t wait any longer.

Debbie Cosic is CEO and founder of In2ition Realty. She has overseen the sale of more than $15 billion worth of real estate. With Debbie at its helm, In2ition has become one of the fastest-growing and most innovative new home and condo sales companies. in2ition.ca

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ADVICE | tHE mARKEtING EDGE

THREE REASONS To REGISTER YoUR INTEREST In a PRoJECT

nICK MonTELEonE

In today’s pandemic world, marketing new real estate has forced us to rethink and retool. The days of joining hordes of chequebook-waving buyers into sales centres, and getting caught up in the excitement generated by these gatherings, are on hiatus.

Marketers and sales people have had to get creative and rise to the new occasion. And indeed, we have – through virtual sales centres, online buying, downloadable brochures, site plans, floorplans and easily accessible virtual walk-throughs. It’s now not only possible but it’s easier than ever to buy a home online.

What hasn’t changed is the need to build qualified registrations in order to create a robust database of potential buyers. To sales people, this list is gold; it is their most important selling tool. As marketers, we focus on getting people to register. Our success is measured in the number of registrations a project receives.

Our greatest success is measured in the ratio of conversions of these registrations to sales. Obviously, getting qualified, motivated registrants into a database takes very specific knowledge and expertise.

But what’s in it for individuals to register? Why should someone seeking to buy a new home or condo, register? There are three important reasons to do so.

1 EARly NotICE

If you’re interested in buying and you want first choice of homes, lots, suites and views, it’s smart to register. As a

registrant, you will receive information about the project before it opens to the general public. You will also have the opportunity to buy before the public. Typically, registering for a project is the “call to action” on ads, in social media, on signs and flyers.

Prospective buyers simply click on or go to a website that provides a form for them to fill out.

2 PERSoNAl PREFERENCES

Registering your interest includes filling out a form that asks you about personal preferences for number of bedrooms, family size, type of home you are seeking and your price range.

This helps the sales team that receives your information send you relevant choices, which makes the process more efficient.

3 PRomotIoNS AND INCENtIVES

By registering, you will be first to receive information about promotions and incentives that the builder makes available from time to time. Some developers offer significant incentives to their registrants – such as free parking spaces, lockers, appliances, E-bikes and large cash discounts, including decor dollars on upgrades.

People who don’t register really miss out on excellent opportunities to save money and receive valuable inclusions.

WHy Do PEoPlE HESItAtE to REGIStER?

Our research shows that people who hesitate to register are afraid of being harassed by sales people and pressured into buying. They are afraid they will receive non-stop emails about the project that will clutter up their inbox. They are worried that their personal information will be compromised.

The reality is that, in most cases, a registrant has to ask for a sales person to contact them. The advantage of talking to a sales person is that you get the information directly, and you can get all your questions answered.

Most often, registrants will receive email updates about the project every other week. As the project gets closer to opening, these emails might increase in frequency to provide you with the opportunity to buy before the official launch. Consumers can opt out of receiving these emails at any time.

People who are concerned about having their information compromised can easily protect themselves by setting up a dedicated email account to register their interest in potential projects. By doing so, you not only limit your exposure, you can also easily shut down this address when you no longer need it.

The advantages of registering far outweigh any disadvantages.

Registering provides the ability to save thousands of dollars, get first choice of product and receive incentives and upgrades that are reserved specifically for registrants.

Nick Monteleone is Principal and Creative Director, 52 Pick-up Inc., with an extensive background in design. Monteleone is a strong believer in targeted marketing and has helped builder-developer clients sell billions of dollars in new construction over the past 20-plus years. 52pick-up.com

+MoRE CONTENT onLInE nexthome.ca

nexthome.ca | myhomepage.ca 29

ADVICE | REAl INSIGHt

ConDo bUYERS BENEFITTING

FRoM MORE CHOICE LISa PaTEL Moving to home offices and seeking out more space all together left condo owners with a decision to make: Sell or stay. It’s certainly worth noting that there are currently a lot more condo sellers than buyers. In the latter half of 2020, the number of available condo listings soared. On the other hand, while condo sales remained strong, the pace of sales growth did not keep up with listings growth. This meant more choice

and negotiating power for buyers and ultimately a moderate decline in average selling prices.

Speaking of price, in the latter months of 2020, the average GTA condo price was down slightly to $610,044. In Toronto, the average selling price dropped at a slightly greater rate. Price declines were more notable for smaller units, for which there was a greater supply.

The increase in supply is partly the result of investors listing their units. Whether it’s the softening of traditional and short-term rental markets or the looming possibility of a vacancy tax, both point towards investors choosing to put their investment property up for sale. The

Condo Report

Q4 2020

by the Numbers

Condo Apartment Price

Condo Sales

Q4 2019

$616,771

Q4 2019

Q4 2020

$610,044

Q4 2020

0

300K

600K

900K

-1.1%

compared to Q4 ‘19

FOR SALE

5,358 6,469 0

4K

8K

12K

+20.7% compared to Q4 ‘19

New Listings Q4 2019

6,407

Q4 2020

12,298 0

We’ll see a pickup in condo demand, especially once global vaccinations increase and immigration into Canada, including the GTA, accelerates in conjunction with this country’s broader economic recovery plan.

5K

10K

15K

+91.9% compared to Q4 ‘19

same is true for those looking to rent a condo. Many investor rental units became available due to COVID-19’s impact on tourism and short-term rentals. Of course, another source of condo listings was owners selling their units to move into a different form of housing, likely taking advantage of record-low borrowing costs to do so.

While the prominent story has been the strong number of condos for sale over the last 12 months, demand for condos is still around. Condo sales in the latter half of 2020 was up substantially by nearly 21 per cent when compared to 2019. It’s also likely that we’ll see a pickup in condo demand, especially once global vaccinations increase and immigration into Canada, including the GTA, accelerates in conjunction with the country’s broader economic recovery plan. One thing is certain: Further economic recovery will help absorb supply in the ownership and rental markets beyond 2021.

On Feb. 8, the Toronto Regional Real Estate Board released its highly anticipated Market Year in Review and Outlook 2021 report. Inside you’ll find the 2020 market year unpacked and a look into what’s ahead for 2021, including insights on the condo market. Visit trreb.ca to download the report and to connect with a TRREB member.

TRREB President and realtor Lisa Patel is an entrepreneur and strong community leader who has served with many organizations and groups, including chairing TRREB’s Women in Real Estate Task Force. trreb.ca

+MoRE CONTENT onLInE – Lisa Patel, TRREB President

30 condolife magazine | Feb. 13–Mar. 13, 2021

nexthome.ca

advice LOrem| |persOnaL ipsum if needed finance

5 STEPS TO PREPARE TO BUY A HOME IN A HOT MARKET

jEssE ABRAMs

what you can afford based on your current financial situation. That’s why getting pre-approved is a key step in the process.

2. get pre-apprOved

Believe it or not, the housing market across Canada finished up a total of 12.6 per cent in 2020, and it doesn’t look to be slowing any time soon. Heavily influenced by strong demand, real estate is seeing a major boost in activity. For Canadians looking to purchase a home this year, it’s important to prepare and take the necessary steps beforehand so you can buy with confidence.

1. Organize yOur finances

When it comes to your finances, it’s essential to understand that buying a home is more than just a down payment and monthly payments.

You need to also account for closing costs, as well other expenses once your home closes. Further, once you move into your home, there may be unforeseen expenses that arise. So, it’s very important to be aware of all potential expenses at the onset. On top of this, you’ll also want to know

Getting pre-approved for a mortgage is beneficial for a variety of reasons. It helps you understand your overall home affordability, the rates and mortgage features available, and it gives you an idea of what your monthly payments will be. At Homewise, over the last few months we’ve seen a strong increase in pre-approvals as people get prepared for what’s generally a hotter market in the second quarter of the year. January was actually a record month for pre-approval applications on our website.

3. find yOur target market

Once you have an idea of your home affordability, you can start figuring out what neighbourhoods you’re able to buy in. Hire a good realtor who will help you find releases and listings that check all your boxes, whether that’s regarding schools, public amenities, major transit hubs, dining and entertainment.

4. determine yOur maximum Offer in advance

In a hot market, there’s often bidding wars for resale homes, and the last place you want to be is in a situation where you’re spending beyond your means. So, while your preapproval will help you understand your maximum affordability, it’s also important to get an idea of how the monthly payments and your down payment will affect your life. A home is a big purchase, and there may be some concessions you have to make in the short term, but it’s essential to determine a maximum amount and stick to it.

5. Have fun witH tHe prOcess

By being proactive and completing all the preliminary work, you’ll not only set yourself up for success, but you’ll be able to enjoy the entire homebuying experience. Taking the right steps to prepare and working with the right professionals will give you the assurance and guidance needed to make this as stress-free and fun as possible.

Buying a home is an exciting milestone and one of the biggest decisions you’ll make in your life. Going into this process with confidence and an open mind will help you make the best decision to find your home and make the experience as exciting as it should be.

Jesse Abrams is Co-Founder at Homewise, a mortgage advisory and brokerage firm based in Toronto. thinkhomewise.com

+MORE CONTENT ONlINE nexthome.ca

nexthome.ca | myhomepage.ca 31

BUILDER PROFILE | BRANTFORD

THE AMBROSE CONDOS ELITE’S AFFORDABLE BOUTIQUE CONDO LAUNCHING THIS SPRING The Ambrose Condos is a 10-storey boutique condominium launching this spring 2021 in Brantford.

Developed by Elite Developments and designed by SRM Architects Inc., the 198-unit residence features suites with spacious floorplans and expansive balconies and terraces.

The Ambrose is conveniently located within proximity to transportation, universities, parks, trails, beaches, shops and restaurants.

“With affordable pricing starting from the $300,000s, in Canada’s sixth best city to live in, this development offers an incredible opportunity to have a higher quality of life, for a fraction of the cost in the GTA,” says Kim Kopyl, vice-president of sales and marketing at Elite Developments.

“Southwestern Ontario recently experienced the largest increase in sales in 2020, as people began working from home and relocating.

The overall importance of a home 32 condolife magazine | Feb. 13–Mar. 13, 2021

has changed. Having more interior and exterior space with thoughtful amenities is no longer a need of homebuyers but a requirement. The Ambrose delivers on this.”

Located at 401 Shellard Lane, residents of The Ambrose Condos will benefit from being minutes to the Colborne Common Shopping Center, which has a Sobeys, Shoppers Drug Mart, Starbucks, banks, medical centres, restaurants and the Wayne Gretzky Sports Centre, which is the largest sports centre in Canada, having everything to help keep you healthy and fit.

Brantford is a historical city ignited by innovation, filled with art galleries and museums. Natural green spaces are right at your fingertips. Enjoy weekends at the Brant Conservation Area and canoeing down the Grand River. With the Brantford-Cambridge Trails running along the Grand River, you will have 77 kms of the best

hiking and biking trails in Ontario.

Within the development, thoughtfully curated amenities await.

A contemporary lobby enveloping natural surroundings of stone, water and fire welcome you home with a living green wall. Green features complement the surrounding property, featuring a community garden with garden plots, a seasonal sports field to be used for soccer and as a rink during the Canadian winter months for family skating and playing hockey.

A state-of-the-art indoor and outdoor fitness centre, featuring an outdoor running-track, yoga area and outdoor calisthenics is located on the sixthfloor terrace. A spectacular party room with chef’s kitchen, games area and an outdoor patio, featuring barbecue niches, lounge and outdoor dining.

Not to worry, this development also respects four-legged family members, and provides a convenient off-leash dog park and wash area.

The Connectivity Lounge provides a safe space for students, entrepreneurs, and empty nesters to work and connect in. This amenity space is filled with the latest technology so residents can study together, host Zoom meetings, and Skype with family members while enjoying a latte. Feel free to enjoy the fresh air while surfing the net on the Connectivity Lounge’s outdoor terrace.

Other amenities include a socially distanced theatre, expansive expanded parcel room, bicycle and locker storage areas, and electric vehicle charging stations.

Suites at The Ambrose range in size from 450 to 1,000 sq. ft. Available floorplans include a collection of spacious one- and two-bedroom units with open-concept layouts, functional living spaces, impressive finishes and stunning standard colour palettes designed by Raphael Gomes Interiors.

Elite Developments has built its foundation with 50 years of combined building experience. They have attained a reputation for delivering premier residential and commercial properties throughout Ontario. Elite aquires locations for communities to improve quality of life. They focus on providing homes with thoughtful amenities, spacious layouts, health and wellness, and leading innovative features throughout. This reflective precision is executed by a dream team of experienced professionals specializing in real estate, who deliver homes that are affordable and enjoyable, while maximizing value for investments in real estate.

“We respect the surrounding landscapes and build homes that complement existing environments, while our team choreographs a premier lifestyle for our

homeowners,” says Kopyl. “All our homes are focused on health, wellness, and have leading innovative features throughout. We build every home as if we would live in it ourselves.”

“There is a lot of time given to ensure we deliver a sustainable product for the future, anticipating the needs of our homebuyers,” adds Sam Sakhi, president of Elite Developments. “We understand the importance of a home and look forward to building communities of excellence, with convenient amenities, surrounded by nature.”

Stay tuned for Elite’s upcoming launches: Woodland Country Estates in Hagersville; Electric Avenue and Steeltown in Hamilton; 88 James in St. Catharines; Victory Tower in Vaughan; Station Sixty Lofts in Brantford; and The Fonthill, in Fonthill. Register now at elitemdgroup.com.

“Our passion in real estate is evident by delivering superior quality, leading-edge designs and wellnessderived homes,” says Hamid Hakimi, CEO of Elite Developments. “We build homes inspired by you, with innovative living for life.”

To learn more about The Ambrose Condos, register at theambrosecondos.com. nexthome.ca | myhomepage.ca 33

BUILDER PROFILE | HAMILTON

EMBLEM MAKES ITS MARK IN HAMILTON WITH EXCEPTIONAL DESIGNS AT 1 JARVIS Downtown Hamilton is beginning to quietly yet inexorably arise as a new centre of creativity, culture and commerce.

Within this transforming neighbourhood, Jarvis Street makes an ideal location for a brand-new, innovative, design-forward boutique condominium. 1 Jarvis by Emblem Developments is a beautifully executed building, perfectly balancing old and new. 1 Jarvis is set to raise the standard of design and quality with price points attracting buyers from all over the GTA. While the Hamilton condominium market has been growing for years, it is now ready to begin making a significant impact. Year over year, average prices for condos increased by 13 per cent, resales were up 77 per cent, and average rental rates rose by 15 per cent. For the Hamilton area, 18,316 condo units are proposed, with demand partly driven by the 60,000 students attending McMaster University and Mohawk College.

One of Canada’s fastest growing players in the condominium development market, Emblem is embracing 34 condolife magazine | Feb. 13–Mar. 13, 2021

the opportunity to contribute and further enhance the transformation of Hamilton. Emblem has condo sites around the GTA, with more than 3,000 units under construction, pre-sale and planning, in Toronto, Ottawa, Hamilton and Mississauga.

Robinson Village in Ottawa, with 291 units of purpose-built rental under construction.

Kash Pashootan, Emblem’s leader, founder and CEO, is passionate about all of these projects. With more than 20 years in investment management for wealthy families, he is able to marry numbers and finance with design and attention to detail.

It’s an unusual trait – usually it’s either numbers or creativity.

“1 Jarvis shows our commitment and deep conviction to the future of Hamilton,” Pashootan says. “We are coming to market with a building that exceeds expectations of design and level of standard

finishes. Taking the long view, we know this building will set the standard of what buyers can except from Emblem in the future. Plus, we also have, within a five-minute walk of 1 Jarvis, nearly one million square feet of upcoming residential development in Hamilton.”

Pashootan is also the founder of First Avenue. This company manages investment portfolios and provides wealth planning for affluent families. First Avenue has been featured in the Wall Street Journal, Bloomberg, Globe and Mail, MacLean’s, Hong Times and Washington Post. He is a respected authority in the investment management industry, having experienced success at a national level.

“We are relentless in questioning and demanding more as we design each and every space in our buildings,” Pashootan says. “The Mark of ‘exceptional design’ – our slogan – truly captures what we do every day at Emblem.

We believe our obsession with exceptional design will lead to greater enjoyment for each Emblem homeowner. We create spaces that we are proud of and our buyers are proud to live in.”

Shamil Jiwani, director of real estate for Emblem Developments, agrees. “Regardless of the market we build in, you will feel the soul behind our brand when you see the buildings or walk through them,” he says.

“Our brand comes through in everything we do, from the font selection of our brochure to how the kitchen countertop interacts with the backsplash.” Obsession creates beauty in development.

In Hamilton, Emblem is about to begin building its new 15-storey condominium at 1 Jarvis in the vibrant central district. This new residence features a sophisticated yet airy and modern design by architects Studio JCI, and offers 354 units, all with balconies, and amenities and retail at podium level. Four levels of

retro loft-like brick form the podium, topped by 11 contemporary-style storeys above.

“1 Jarvis will feature high-end finishes found in buildings with a much higher price point – such as stone countertops, full stone slab backsplashes and frameless showers – finishes comparable to downtown Toronto condominiums,” says Raki Raoufi, vice-president of construction, Emblem Developments. She brings more than 20 years of highrise building expertise to this project.

Downtown Hamilton is becoming ever more attractive, partly due to the restoration of historic buildings, and a $500-million investment into a new entertainment hub close to 1 Jarvis, and the revitalization of existing venues: The FirstOntario Concert Hall, the FirstOntario Centre, the Hamilton Convention Centre, and the Art Gallery of Hamilton. On the waterfront, a $140-million redevelopment project will transform the harbour into a beautiful, pedestrian-friendly community with a commercial village and a public plaza. A Bell investment of $400 million will be the largest digital infrastructure investment in the city’s history. The combined investment exceeding $1 billion is unprecedented in a community the size of Hamilton and will be a game changer.

“Emblem is a full-service condominium developer,” says Alistair Rennie, director of pre-construction and development, Emblem Developments. “We will design, build and service all of our units, which makes us personally committed to each project, as we aspire to create spaces homeowners and investors will love.”

Emblem is on track to continue “resisting the norm” by building something at 1 Jarvis that has not yet been seen in the new Hamilton – and being part of a transformation that is sure to make this city one of the best places to live in Canada.

1jarvis.com nexthome.ca | myhomepage.ca 35

Builder profile | Mississauga

ORO at edge TOweRs eXCITINg New ReLeAse OF LUXURIOUs PeNTHOUses aND SUItES FROM sOLMAR

Oro at Edge Towers is a 50-storey residential condominium tower located just south of Burnhamthorpe Road on Hurontario Street in downtown Mississauga, just steps from Square One Shopping Centre.

Oro is the only new downtown Mississauga condominium that is located right on the new Hurontario LRT line.

After the outstanding success of the launch of the Tower suites of Oro, at Edge Towers, Solmar Development Corp. celebrates the launch of a limited number of signature, ultra luxurious penthouses and newly released suites in the 12-storey podium, with outdoor amenity space.

The 49th and 50th floor penthouse suites are generous in size, with almost 2,000 sq. ft. of interior living space plus outdoor balconies.

36 condolife magazine | Feb. 13–Mar. 13, 2021

Models are three-bedrooms plus den units with luxurious finishes and breathtaking, unobstructed views. It is the perfect oasis to live over one of the most exciting cities in Ontario.

“Most developers build typical suites on their penthouse levels,” says Solmar’s Director of Sales and Marketing, Angela Marotta. “Large, luxuriously appointed penthouse suits are the jewel in the crown of a truly prestigious condominium tower, really setting Oro apart from its competitors when it comes to quality and prestige.”

The second- to 12th-floor podium suites range from 565 to 804 sq. ft., with a selection of one-bedroom plus den, two-bedroom and twobedrooms plus den designs, which also offer the luxury features that Solmar is known for.

A unique, special feature of these suites is the option to have your parking and locker space allocated on the same level as your suite. This means there will be the convenience of walking from your car directly into your suite’s hallway and locker.

Travelling through the lobby or riding in an elevator will no longer be necessary.

Those who do enter through the Dochia-designed lobby will experience a premium hotel lobby feel with Italian imported marble and granite floors, artisanal hand-applied, delicate Venetian plaster on walls and columns. The condominium will have the added benefit of a 24-hour concierge service.

The lobby is the gateway to the timelessly elegant feel of the building’s full range of luxurious amenities. Oro

The Oro at Edge Towers Presentation Centre is located at 24 Elm Dr. W., Mississauga. For more information email or visit the website. solmar.ca edgetowers@solmar.ca 905.804.0592

all furniture and images are artist’s concepts.

residents will enjoy two party rooms with outdoor terraces, a state-of-theart gym, yoga studio, private movie theatre, games room, sports lounge, Wi-Fi lounge, and a galleria with multiple seating areas. Expansive floorto-ceiling windows provide views of the complex’s outdoor walkway pavilions and park. Residents have the additional advantage of reserving designer-ready guest suites for their overnight visitors. The 50-floor tower has more than 19,000 sq. ft. of outdoor terrace space that includes a barbecue area, al fresco dining, tanning area, and outdoor gym and yoga space.

The quality of the suite finishes is also at a higher level than found in other Mississauga condominiums.

Standard finishes include nineft. smooth ceilings, a premium stainless steel or fully integrated kitchen appliance package, full size stackable name brand washer and dryer, frameless glass shower doors as per plan, and premium laminate plank flooring.

Solmar is also known for outstanding customer service and is proud to have achieved excellent ratings with Tarion Warranty Corp. each and every year.

“Oro residents will enjoy a more luxurious lifestyle with a higher standard in quality suite finishes, full range of amenities, and more desirable location that is walking distance to parks, shopping centres and theatres, with the convenience of being right on the LRT, making it your most secure and important financial investment,” says Marotta.

“Current incentives include free parking, locker, unlimited high-speed Internet and more.”

“The future is paved with gold for buyers who choose Oro at Edge Towers.”

nexthome.ca | myhomepage.ca 37

BUILDER PROFILE | BLOOR & SHERBOURNE

BURKE BY CONCERT UNPARALLELED VALUE AND OPPORTUNITY Everyone wants to make a great real estate investment. Whether you are a first-time homebuyer or seasoned investor, the fundamentals are the same. Location, space and quality need to come together at prices that leave room for appreciation. If this sounds like what you have been searching for – meet Burke by Concert.

Situated in an up-and-coming downtown location, with spacious suites at sizes that eclipse the competition, Burke is attractively priced to represent an undeniable value. Combined with the experience of Concert, one of Canada’s most esteemed developers, and the lowest interest rates in history, there has never been a better time to buy.

Though this past year has been one of temporary change for all of us, it is sure to be a distant memory by 2025 38 condolife magazine | Feb. 13–Mar. 13, 2021

when Burke is completed. After all, the appeal of a connected downtown lifestyle is timeless. Located steps to Sherbourne subway station, this is

your opportunity to invest early in a walkable neighbourhood that is clearly on the rise. This connected location is close to the bustle of Bloor Street’s

shops and cafes, serene walking trails of the Rosedale Ravine, the flavours of Danforth and so much more.

Burke’s spacious homes feature open floorplans and superior quality finishes. Oversized windows and balconies invite ample natural light and extend living space outdoors – all while showcasing iconic city and treetop views. And with classic colour palettes inspired by nature and a German-engineered Bosch appliance package, these sophisticated junior one- to three-bedroom residences are undeniable in both design and value.

Standing 53 storeys, with modern and sleek architecture, this is a building you will be proud to call home. Far from just another tower in an ever-changing city skyline, Burke is artfully designed from the ground up and features the integration of rich heritage homes that will be repurposed into vibrant retail spaces – adding to Burke’s sense of community. In addition, a dynamic and colourful pathway will welcome residents and neighbours with

contemporary seating, landscaping and lighting. This outdoor courtyard will serve as a place to gather, rest or read a good book. All part of an impressive sense of arrival that leads to an abundance of amenities spanning three floors at Burke.

Complete with a chef’s kitchen, private dining room, outdoor barbecue area, theatre room, music room and expansive fireside terrace, the second floor amenities are designed for entertaining friends and family over a meal, movie or game of pool. On the 27th level, you will find a state-of-the-art fitness centre that will save a trip to the gym and allow extra flexibility in your days. Beautiful co-working and meeting spaces make those days working from home seamless, and two furnished guest suites are available for when your loved ones are visiting.

Burke is now selling; don’t miss out.

Visit burkebyconcert.com or call 647.789.2088 to schedule a private in-person or virtual appointment. nexthome.ca | myhomepage.ca 39

builder ProFile | Fonthill

ONE TWENTY CONDOMINIUM OFFERS LUXURY LIVING IN COVETED FONTHILL DISCOVER FOUR STOREYS OF SOPHISTICATION AT ONE TWENTY CONDOMINIUM, PART OF THE ONE FONTHILL CONDOMINIUM COLLECTION

BY MOUNTAINVIEW BUILDING GROUP Welcome to sophisticated condominium living in beautiful Fonthill. One Twenty is where luxury and carefree living meet. Where country charm and big city amenities are blended. Where your suite is a perfect reflection of you.

Welcome home to One Twenty by Mountainview Building Group, where you’ll discover your dream lifestyle.

40 condolife magazine | Feb. 13–Mar. 13, 2021

One Twenty, the first phase in the coveted One Fonthill Condominium Collection, offers 50 residences and nine thoughtfully designed floorplans – each crafted with easy, sophisticated living in mind. Suites at One Twenty start from the low $500,000s, and closings are expected in April 2022. Limited units remain, so don’t wait to discover open-

incredible amenities. Nature lovers will appreciate the fruit orchards and nature trails, such as Lathrop Nature Preserve. Downtown Fonthill is a charming historic place where foodies will revel in restaurants, as well as boutiques and more. Golf lovers will appreciate the proximity to golf courses only minutes away. Fonthill is a place you’ll be proud to call home.

Proud to be honoured with the highly coveted diamond avid award

Mountainview has had strong roots in the Niagara region for more than 40 years and takes great pride in creating communities that complement the area’s unique features and culture. Over the years, Mountainview has been the recipient of many industry awards, and most recently it was named the Diamond Award winner at the 17th Annual Avid Awards. The best industry leaders are picked every year, honouring their hard work and dedication for scoring highest with customers on homebuying experience surveys. The highly regarded awards are a trusted benchmark of customer service performance in the homebuilding industry, based on recent customer evaluations. With impeccable attention to detail and quality standards combined with award-winning customer service, it’s no wonder residents from Niagara and beyond have chosen a Mountainview community to call home. With beautiful homes built for living your best life, Mountainview knows how to combine the perfect home with large open spaces and luxurious standards with the best location Niagara can offer.

Don’t wait, these are selling fast! Contact Mountainview Building Group today to set up a virtual tour or to schedule your private appointment, where all safety guidelines put out by the government during the COVID-19 pandemic are followed. concept living, luxury finishes, open-air balconies, chef kitchens and modern suites ranging from one-bedroom with den, two-bedroom and two-bedroom with den.

The masterfully designed exterior of clean lines, modern wood panel siding, and sleek shades of grey, combined with impressive amenities, including a private party room, elegant lobby and underground parking garage, make this community highly sought after.

Residents will enjoy maintenance-free, sophisticated living at its best. At One Twenty, residents are part of a neighbourhood where they can walk out their door and be surrounded by shops, restaurants, trails, Fonthill’s newest community centre, and more.

Fonthill is one of Niagara Region’s most coveted communities. Offering truly remarkable living, it’s where small-town charm meets an elegant lifestyle. Where fruit trees, vineyards and modern-day conveniences all live in harmony. It’s no wonder One Twenty has received such high accolades.

Fonthill is a community ideally situated just a short drive from Toronto and Buffalo, and minutes to Niagara Falls, Niagara’s wineries, Peninsula Lakes Golf Course and other

Visit onetwentycondos.ca to learn more or call Mountainview at 289.897.8548.

nexthome.ca | myhomepage.ca 41

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Photo: Mountainview Building Group

INTERIORS

One Twenty Condominium, Fonthill

IN THIS SECTION:

HOME FINDS | DECOR | STYLE nexthome.ca | myhomepage.ca 43

INSPIRATION |

decor

DREAM PLAN IT,

IT

BUYING A NEW HOME IS YOUR OPPORTUNITY TO DESIGN YOUR DREAM KITCHEN

by LINDA MAZUR

The kitchen is the heart of any home.

It’s the place where families gather, where you entertain and live. When you have a well-designed kitchen, not only will it function well, it will also enhance your lifestyle and even your property value. Unfortunately, though, if the space is not well thought out, you will quickly find your kitchen a frustrating place to be.

The key to a successful kitchen is planning. Start by asking yourself what doesn’t work for you in your existing kitchen space. I’m not referring to the aesthetics, but more about the functionality aspect. Is your work space and layout efficient? Is there thought and purpose to the storage in your cabinetry? Do you require 44 condolife magazine | Feb. 13–Mar. 13, 2021

seating of some kind? Is there enough prep space if you have two cooks in the kitchen at once? These are all important aspects to producing a welldesigned kitchen for the way you live.

There are general rules you can refer to when planning a new layout, such as the “triangle” work space.

This considers a distance of four to nine ft. on each side of the triangle, making meal preparation easy while still allowing for space to comfortably move about. However, when it comes to planning a condo kitchen, quite often you are faced with structural or spacial restrictions and obstructions that you must work around. There might be a window that cannot move, HVAC access panels to work

around or perhaps concrete ceilings, walls and floors that could make plumbing and electrical placements a challenge. And then there’s the planning involved in the layout of your cabinetry and determining the function of your new kitchen. Logic does play a certain role here as your dishes and flatware do work well near your dishwasher, mugs near your coffee maker, cooking utensils near your food prep area, but there is a lot more to still consider. In the end, a well-designed condo kitchen will deliver a lasting impression while creating a beautiful space that not only delivers on aesthetics, but maximizes on optimal functionality for how you and your family live.

HERE ARE A FEW TIPS TO CONSIDER WHEN PLANNING YOUR DREAM KITCHEN:

• An open counter space is always desirable for a comfortable prep area. Space permitting, a large kitchen island or open penninsula is optimal, but if you are restricted to a small enclosed kitchen area, keeping your overhead space clear of upper cabinets will help make your prep area feel less enclosed.

• Kitchens are a high traffic room.

If space allows, leave at least 40 to 42 in. around an island. If you are looking to use your island or pennisula as an eating space as well, then you should look to allocate approximately 24 in. per seating space for comfort.

• Make your cabinetry work well for you. There are so many thoughtful storage and space saving solutions.

From pot drawers with separate lid storage, to a built-in knife block or bread box, spice drawers and Lemans or Lazy Susan for efficient access and storage in a blind corner.

Also, remember to access hidden spaces as well, especially in smallspace kitchen design. Toe-kick drawers are a great place to store large trays and platters, but can also be turned into a great little storage space for linens or even wine.

• A kitchen is an imporant part of your new home, so try to create a space that is both stylish and functional, while increasing the value of your home.

Linda Mazur is an award-winning, nationally publicized designer and Principal of Linda Mazur Design Group. With almost two decades of experience this in demand multi-disciplinary design firm is known for creating relaxed, stylish spaces and full-scale design builds within Toronto, the GTA and throughout Canada. lindamazurdesign.com @LindaMazurGroup nexthome.ca | myhomepage.ca 45

INSPIRATION |

condo design

The modern dining room and amenity space at Garden District Condominium, by Hyde Park Homes and The Sher Corp.; interiors by Dochia Interior Design; architecture, Architects Alliance; rendering, Pureblink.

SUITE DESIGN

HOW CONDO UNITS AND AMENITIES ARE CHANGING TO MEET THE DEMANDS OF TODAY’S BUYERS

by ADRIANA MOT

46 condolife magazine | Feb. 13–Mar. 13, 2021

Condo buyers today are savvy and astute. They know how they live, what they want and what simply will not cut it for them. They won’t settle for compromised lifestyles, yet choices are often limited and localized.

This can push some prospective purchasers out of the city in search of the benefits and features they want.

The three most cited condo-related challenges are: Lack of storage, lack of in-suite privacy and an imbalance between commonly considered adequate space and affordability.

A great solution to the space and affordability issue is building amenities that are an extension of your unit in a more private way.

STORAGE

To address storage needs, lockers are one good option, but it’s time to modernize from this very basic alternative. Having storage at a level that resembles an extension of a home could be the future. A room with proper walls could be a place where you’re not ashamed to bring someone to show off your hockey jersey collection, for example.

Even for those of us who try to de-clutter and minimize the number of “things” we own, we all have items for which we need a physical place to store them. Sports equipment, travel accessories, baby gear, accessibility aids and more… easily enough to fill

PHOTO BY CHRIS HARRISON

Consumers’ demands for highrise living are coming back to basics: A healthy building, adequate personal space and neighbourhood integration.

We all want to stay safe, and above all else, be able to do what we want in our homes, and connect with others and mother nature in a fluid, daily flux.

If you live in a condo, the biggest problem may be that you’re short on space. The way to good design is a thin path between expected lifestyle, legislative regulations and development-related financial constraints. The inventiveness that a successful project requires is constantly challenged and under serious public scrutiny.

up 400 sq. ft. of storage space. But wait, some entire condo units are only that big. Now what? Expect to see highrise solutions that provide tiered storage facilities – everything from the predominant caged box, to a fully enclosed and acclimatized display room.

PRIVATE SPACE

As soon as you’re a household of two or more, some privacy is a must. How much space is enough? Just enough to not get under each other’s skin.

For two people, that means at least two rooms divided by a wall with door. If you have a family of two plus one child and want to live in a highrise, you may need a three-bedroom unit. At a minimum, the spare room offers privacy when needed, and a place you can concentrate when working from home. And for this comfort, you’re looking at minimum 850 sq. ft. – a category whose affordability is becoming increasingly challenged, especially in high density areas.

On the amenity side, on the other hand, it is worth considering that many large party rooms remain empty for long periods of time. Even if they are booked, they may be available for daytime use.

Condo owners typically treat some of the large building amenities as an occasional bonus, not as their ongoing, liveable space. Therefore, we’re seeing an increase in lowriselike features, such as co-work offices, designated dining rooms, mudrooms/ pet-spa rooms. Recognizing the growing need for these features, more condo developers are including these amenities in their projects.

Model suite at Edge Towers by Solmar Development Corp.

Such trends and developments in condo living help suite owners extend your ownership beyond your individual unit in a modest yet more personal way – allowing you to incorporate these amenities into your daily life as a extension of your suite.

Communal living, of course, is not new, and it relies on sharing certain components. Think a series of smaller spaces that can then be designated for use, much like a timeshare.

Such cluster amenities become hubs of activities geared to a subgroup of owners based on a shared lifestyle where they can experience additional square footage in a semi-private setting. You could have access to, say, a kids’ playroom that may not be large enough to accommodate parties of 30, but it is enough for two or three families to use the space together, or separately.

Or a dining room that is divisible such

that you can have two parties of four or, one of eight to 10.

SEMI-PRIVATE GARDENS

Access to personal outdoor greenspace versus large terraces is another effective way developers can improve condo living at a more personal level. However, it’s also, arguably, one of the hardest to achieve. Because of the natural incompatibility between built form and Mother Nature, outdoor gardens and other Green elements require a substantial amount of engineering at the design stage, and maintenance over the course of a building’s life expectancy.

Such features, therefore, are still very much a work in progress for the development industry. In the meantime, though, condos built within proximity to urban parks are appealing for many buyers.

The Penthouse Collection at Edge Towers by Solmar Development Corp.; interiors by Dochia Interior Design.

Adriana Mot is a multiple award-winning designer, and founder of Dochia Interior Design, Toronto, specializing in multi-unit condominium developments, refurbishing common areas of existing buildings, as well as hospitality projects and single-family homes. She has served on the board at ARIDO and recently launched a YouTube channel. 416.492.7451, info@dochia.com, dochia.com, youtube/c/adrianamot. nexthome.ca | myhomepage.ca 47

INSPIRATION |

big style, small spaces

MAKING THE MOST OF

WORKING

FROM

HOME

by LISA ROGERS For the past several months, thanks to COVID-19, the way we work has changed considerably, with many of us now working at home. Working from home has lots of advantages – the commute is about 30 seconds, you can stick a load of laundry in between Zoom calls, and you can wear PJs for most of the day. The downside is that you’re too close to it to get away, you don’t want to be doing laundry all day, and PJs are really a fashion crime.

Even though you are working from home, you still need a proper office.

To start with, plan by making a list of everything you need in order to work 48 condolife magazine | Feb. 13–Mar. 13, 2021

well – natural light, tons of storage space and miles of countertop for spreading stuff around.

Where you work is important – preferably a dedicated office space in the guest bedroom, a main floor den or the basement. Technology today has made working in your home a lot easier, and laptops and Wi-Fi make it easy to move your office around, even to the back deck.

Once you’ve picked a spot, try an online space planner to see where the furniture should go, making sure electrical outlets and phone jacks – if you still use a landline – are close

to the workspace. Include space for printer, phone, and resource materials. Rarely used items can be stored in the basement or a closet.

CHAIR

You’ll be sitting in it for six to eight hours a day, so get one that adjusts to your specific ergonomics. As pretty as leather is, refrain from buying it because you need something breathable. Chairs range in price from $150 to $2,000, but you can get a decent one for about $300. Most retailers offer curbside pick-up or delivery, so purchasing the right chair is a breeze.

DESK

Standard desks are 29 in. high, but 27 in. high is actually ergonomically better for where your arms and hands are while using a laptop. If the desk isn’t adjustable, raise your chair a little.

You also need enough workspace to spread out papers; if one desk won’t do it, add a second or a table.

A writing desk is preferable to those clunky mid-century office desks – much lighter and easier to move around.

Place your desk so you have a view of the room, and of the outdoors.

Remember to place it so that light falls over your shoulder.

STORAGE

Drawers in the desk – or stackable containers on top – are good for having stationery, paper clips, pens, pencils and staplers close at hand.

Wall-mounted storage minimizes physical and visual clutter.

Wherever you keep your files – on computer, external hard drive, or in file folders – make a habit of culling regularly. If you haven’t used something in a year, toss it. (Except taxes – those you need to keep for seven years.)

LIGHTING

Natural light is best, especially since windows also provide good ventilation. But if that’s not possible, bump up the overhead and task lighting, like a reading lamp. If there’s no room on the desk, have it mounted on the wall.

DECORATE

If your home office is visible from the rest of the main floor, try to tie it in decoratively, so that it blends in style, colour and theme.

Don’t be afraid of colour, or at least adding colourful accessories.

I love white space, but I still like to

add colour through accessories – a Navajo blanket or beautiful pillows on a chair. Incorporate colour, as well, into stationery, magazine racks, storage containers and so on. Colour affects the way you feel – orange is considered a colour that stimulates creativity, green is restful, blue is calming and yellow makes you happy.

This isn’t a corporate office, it’s your home, so get creative in making it yours, and creating a place you look forward to working in. Incorporate art, lamps and accessories that convey your personality. Use what you have – turn a vase into a pen holder, wicker baskets for scrap paper, the dining

sideboard for printer, phone and other supplies. Splurge on a chaise – go modern with Eames or Mies or traditional like a fainting couch – for naps and reading breaks.

SCHEDULING

When you work alone, getting down to work can sometimes be hard – far easier to check out the fridge, stare into space, or run the vacuum through the main floor. Most successful people say that having a consistent routine, one that triggers the brain to get into think mode, and a defined workspace, are the best ways to get things accomplished.

Lisa Rogers is Executive Vice-President of Design for Dunpar Homes (dunparhomes.com). Lisa has shared her style and design expertise on popular television programs such as Canadian Living TV, House & Home TV and as a regular guest expert for fashion and image, health and wellness and design on CityTV’s Cityline. Follow Lisa’s blog at craftedbylisa.ca nexthome.ca | myhomepage.ca 49

home finds

HOME etc.

INSPIRATION |

by SARA DUCK

Is 2021 your year to get

organized?

It can be overwhelming to think

about whole home organization. So, take it one room at a time. Since many of us are working from home these days, why not start with your office space?

Create an environment that is streamlined and inspiring to work in every day.

Gold wall STORAGE UNIT $39. | Blue WALL CLOCK $29. Grey wash WOOD DESK with built-in outlets. $299. | GOLD FRAMED LETTERBOARD $24. | Grey tufted OTTOMAN $99. | RATTAN STORAGE BASKET $29.

Velvet office chair. $99. | Grey DESK LAMP. $39. | FRAMED ART PRINT $149. homesense.ca 50 condolife magazine | Feb. 13–Mar. 13, 2021

WFH

1 2

EVEN IF YOU DON’T HAVE A DEDICATED ROOM TO WORK IN, YOU CAN STILL HAVE A FUNCTIONING SPACE THAT GETS THE JOB DONE

9

6

4

8

3

5 7 1. Pratt READING/DESK LAMP in brass by Globe Electric. $129. bedbathandbeyond.ca | 2. Cubist multi-shelf wall display

by Umbra. $119. amazon.ca | 3. Fantol DESK in oak. $1,099. article.com | 4. Nordmarke WIRELESS CHARGER. $19. ikea.ca | 5. WEEKLY PLANNER cali coast. $16. indigo.ca | 6. Meow & you MUG. $14. indigo.ca | 7. Soundlink around-ear WIRELESS HEADPHONES II in white by Bose. $269. bose.ca | 8. Felson TASK CHAIR by Langley Street in flat white. $314. wayfair.ca | 9. ACRYLIC CASE with three large rows. $39. muji.ca

Book worm

Need a little inspiration to meet the organization goals you set for 2021?

Here are five books to spark the expert organizer in you!

BEAUTIFULLY ORGANIZED: A Guide to Function and Style In Your Home by Nikki Boyd. $23. amazon.ca

THE DECLUTTER CHALLENGE: A Guided Journal For Getting Your Home Organized In 30 Quick Steps by Cassandra Aarssen. $20. amazon.ca

THE HOME EDIT LIFE: The No-Guilt Guide to Owning What You Want and Organizing Everything by Clea Shearer and Joanna Teplin. $38. indigo.ca

JOY AT WORK: Organizing Your Professional Life

by Marie Kondo, Scott Sonenshein. $30. indigo.ca

ORGANIZING: The Manual For Bringing Order to Your Life, Home & Routines by Martha Stewart. $35. amazon.ca

nexthome.ca | myhomepage.ca 51

INSPIRATION |

BIRD

home finds

watching

Bird motifs are trending this season

6

5

1

2

3

4

1. Flight block print BIRD PILLOW with down-alternative insert. $65. cb2.ca | 2. Miles MARBLE BOWL. $52. cb2.ca | 3. Metal BIRD PLANTER. $44. crateandbarrel.ca | 4. Pjatteryd GOLDEN BIRD PICTURE. $19. ikea.ca | 5. Red BIRD SCULPTURES with metal feet. $29 for set of two. structube.com | 6. Ibis TABLE LAMP. $945. elte.com

2 1

3

Fresh air

Breathe clean air indoors with one of these air purifiers. When buying an air purifier, look for one that contains a HEPA filter – these filters are effective at removing ultra-fine particles such as dust and dander 1. PURE HUMIDITY + COOL PURIFIER. $999. dysoncanada.ca | 2. AIR – AIR PURIFIER. $1,199. molekule.com | 3. INTENSE PURE AIR AUTO PURIFIER with HEPA filtration by Rowenta. $459. bedbathandbeyond.ca 52 condolife magazine | Feb. 13–Mar. 13, 2021

Nifty storage Keep your clothes and bed linens secretly stored in the drawers of this bed. Danielle queen channel headboard with upholstered storage base in Van Gogh fog. $3,098. crateandbarrel.ca

Listen up!

Do you want to do your part for the environment while listening to your favourite music? Sounds good, right? The Nest Audio is covered in sustainable fabric and is made from 70 per cent recycled plastic

LIVING ROOM: MONOCHROMATIC DREAMS GALLERY WALL

NEST AUDIO. $130. store. google.ca

Create a gallery wall Have you ever wanted to create a gallery wall but don’t know where to start? It can take a lot of time to choose the right images and organize the layout just right. Desenio has a great line of gallery wall posters in a variety of colours, decor styles and finishes to suit your distinct style. Just select the gallery wall that you love, and voila the images are already organized for you according to size and style. desenio.com

stylish

1

2

6 4

storage solutions

Keep a multitude of items (kids’ toys, shoes, magazines, mail, skincare) organized with these options 1. BAMBOO STORAGE BASKET.. $34. homesense.ca 2. Fjallbo SHELF UNIT in black. $69. ikea.ca 3. Marie Kondo CERAMIC BULK CANISTERS in cloud white. $25-$34. containerstore.com 4. Mod SMALL LOCKER. $749. cb2.ca 5. Large WIRE BASKET in gold. $59. hm.com 6. Hardage MAGAZINE RACK by Mercury Row. $393. wayfair.ca

3 5

New line of organizing essentials from Marie Kondo!

nexthome.ca | myhomepage.ca 53

Japandi style

A marriage of simple Japanese aesthetic and modern Scandinavian design, the Japandi style brings together the best of these two design worlds. The look is minimal, functional and inviting. Think neutral colour schemes and non-fussy decor. This style started gaining popularity in 2020, and Pinterest (and its 400 million users) predicts this design trend will be big this year, as well. We couldn’t agree more!

Here are some of our favourite items to achieve that Japandi look at home.

home finds

st Pintere Photo:

INSPIRATION |

ORGANIC COTTON COLLECTION

by Oui. From $39. indigo.ca

CUSHION in beige. $499. mobilia.ca

Origami COFFEE TABLE. $479-$749. westelm.ca

BENCH. $899. mobilia.ca

1

2

6-drawer DRESSER. $1,699. mobilia.ca

Organic shaped DINNER PLATES in silver rimmed. $63 for set of four. westelm.ca

Face TIME Line-drawn portrait decor items are the perfect touch of whimsy for any space

4

3 54 condolife magazine | Feb. 13–Mar. 13, 2021

1. Line drawn PILLOW COVER face by Oui. $34. indigo.ca 2. Faces multicolour ART PRINT. $15. indigo.ca 3. PLANT POT with graphic design in beige. $19. hm.com 4. Ceramic SCULPTURE. $34. hm.com

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

NEW CONTESTS

You could WIN a $500 Spa Getaway

subscribe online today – new podcasts every month + fabulous free contests!

CONDO PROFILES

Oro at Edge Towers

Mississauga

developer: SOLMAR DEVELOPMENT CORP style: Highrise size: Podium: 565-804 sq. ft.; Penthouse: approx. 2,000 sq. ft. features: • Podium suites: 1 (+den), 2 (+ den); penthouses: 3 (+den) on the 49th and 50th floors at Edge Tower 2 and ORO at Edge Towers • 24 hour concierge service.

• 9’ ceiling heights on floors 2-49; 10’ in penthouse units on 50th floor.

• Two party rooms with outdoor terraces, a state-ofthe-art gym, yoga studio, private movie theatre, games room, sports lounge, wifi lounge, and more.

• Steps from Square One and the only new condo community in Mississauga City Centre with direct access to the new LRT. contact: (905) 804-0592 location: 24 Elm Drive West, Mississauga, Ontario, L5B 1P9

MRKT Alexandra Park

developer: style: size: prices from: features:

TRIDEL

Toronto

Highrise 526 to 1,270 sq. ft.

The mid $600,000s • Steps from Toronto’s Kensington Market, Queen West and Chinatown.

• Amenities designed to connect spaces and people. A Two-Storey Gym, Swimming Pool & Rooftop Terrace, Private, Landscaped Courtyard, Outdoor Terrace & Garden, Kids’ Zone and Youth Zone contact: Tridel.com location: Dundas St W. + Denison Ave.

56 condolife magazine | Feb. 13–Mar. 13, 2021

Pinnacle Toronto Cypress

developer: style: size: prices from: features:

Toronto

PINNACLE INTERNATIONAL

Highrise Up to 1,145 sq. ft.

The mid $600,000s • Suites include 9’ ceilings, laminate flooring, quartz countertops • Suites with full size appliances • Amenities include: gym, yoga room, party room, kids play area and outdoor terrace contact: 416.596.1600 • info@PinnacleEtobicoke.ca location: 5475 Dundas St. West (west of Kipling)

The Ambrose

developer: style: size: price: features:

ELITE DEVELOPMENTS

Brantford

10-Storey Boutique Condominium 450-1000 sqft Priced from the $300’s • 1 Bed, 1 Bed+Den, 2 Bed, 2 Bed+Den spacious layouts, terraces/balconies • Minutes to transportation, universities and amenities • Affordable luxury with breathtaking views • Surrounded by conservation areas and endless trails • Building Amenities: community garden, sports court, ice-rink, off leash dog park, pet spa, contemporary lobby, indoor fitness with yoga room, outdoor calisthenics and running track, connectivity lounge, party room with outdoor oasis, bicycle & parcel storage, car charging spots contact: theambrosecondos.com • (289) 816-1024 location: 401 Shellard Lane, Brantford

CONDO PROFILES

Emblem Developments

Hamilton

Hire a RenoMark™ renovator and renovate with confidence RenoMark™ provides: Two-year warranty Written contract and scope of work

developer: style: size: price: features:

$2-million liability insurance Appropriate licences and permits Peace of mind

EMBLEM DEVELOPMENTS

15 Storey Condominium 435 to 840 sq. ft.

From the $300,000s • Timeless design combined with quality building materials • Located downtown, in the midst of Hamilton’s thriving transformation • Approximately 15 minutes from the new Entertainment Hub • Building features a fitness centre, yoga studio, coworking lounge, and walk-out retail space on the ground level • Each suite will have a private balcony or terrace • Minutes away from transit stations and highways, schools, shopping, dining and nature contact: 416-583-5567 • 1jarvis@emblemdevcorp.com • 1jarvis.com

Visit renomark.ca

YOU COULD WIN A

BLACK+DECKER™ POWERSERIES™ EXTREME™ PET CORDLESS STICK VACUUM CLEANER

$

Retail Value

249.99

Enter our Clean Like a Pro Contest!

Enter Online: • Go to myhomepage.ca/contests • Select this contest within the listing and click Enter to Win. • Good Luck!

For full contest details & rules visit the link above.

Two Prizes awarded each Issue of Condo Life

www.blackanddecker.ca |

@blackanddeckerca TM

HOT PROPERTIES | GREATER TORONTO AREA

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MAPS

CARTOGRAPHY: MARKETMAPS.COM

Match the map numbers with property listings on the following Hot Properties page

nexthome.ca | myhomepage.ca 59

HOT PROPERTIES

FIND YOUR NEXT HOME

The latest properties in the Greater Toronto Area to keep your eye on

Legend: HR = High Rise CTH = City Home MR = Mid Rise LO = Loft LR = Low Rise LW= Live Work PH = Penthouse RH = Row Home TH = Townhouse

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Brampton..............................Urban Towndominiums .............................CTH........................ Mississauga Rd. & Wanless Dr. .............................. rosehavenhomes.com Etobicoke..............................Westerly ............................................................ HR ......................... Islington & Dundas............................................................................tridel.com Etobicoke..............................Evermore at West Village ............................ HR ......................... Eva Rd. & The West Mall ...................................................................tridel.com Etobicoke..............................Humberwood Heights ........................... CTH/FTH ................... 50 Humberwood Blvd. .......................................tributecommunities.com Etobicoke..............................The Kip District 2 ........................................... HR ......................... Kipling & Dundas St. W. .......................................... concertproperties.com Etobicoke..............................42B Queensway III ........................................ HR ......................... 1325 The Queensway...........................................tributecommunities.com Etobicoke..............................36 Zorra Condominiums.............................. MR ......................... 36 Zorra................................................................... altreedevelopments.com Markham/Unionville..........Panda Markham ............................................. HR ......................... 8200 Warden Ave. ............................................lifetimedevelopments.com Markham/Unionville..........Varley Condo Residences .............................LR.......................... 20 Fred Varley.........................................................tributecommunities.com Mississauga ..........................Amber at Pinnacle uptown ......................... HR ......................... 5044 Hurontario St. ..............................................pinnacleinternational.ca Mississauga ..........................Perla Towers at Pinnacle Uptown.............. HR ......................... 5044 Hurontario St. ..............................................pinnacleinternational.ca Mississauga ..........................Oro at Edge Towers ...................................... HR ......................... 24 Elm Dr.W..........................................................................................solmar.ca Mississauga ..........................Brightwater Condos .....................................CTH........................ 70 Mississauga Rd. S. .......................................mybrightwatercondos.com Mississauga ..........................Artform Condos.............................................. MR ......................... 86 Dundas St. E. ............................ artformbyemblemdevelopments.com North York ............................680 Sheppard Ave. E. ................................... MR ......................... 680 Sheppard Ave. E.............................................tributecommunities.com Oshawa .................................U.C. Tower ....................................................... HR ......................... Simcoe St. & Winchester Rd................................tributecommunities.com Scarborough ........................Pinnnacle Toronto East ............................... HR ......................... 3260 Sheppard Ave. E. .........................................pinnacleinternational.ca Scarborough ........................Towns at Rouge Valley ................................CTH........................ Sheppard Ave. E. ....................................................tributecommunities.com Toronto .................................10 St. Mary Street ........................................... HR ......................... 10 St. Mary St. ....................................................lifetimedevelopments.com Toronto .................................111 River St. Condos ...................................... HR ......................... 111 River St. .........................................................lifetimedevelopments.com Toronto .................................200 Queens Quay W. .................................... HR ......................... 200 Queens Quay W. ......................................lifetimedevelopments.com Toronto .................................40 210 Bloor St. W. ........................................ HR ......................... 210 Bloor St. W. .....................................................tributecommunities.com Toronto .................................489 Wellington St. W. ................................... HR ......................... 489 Wellington St. W. .......................................lifetimedevelopments.com Toronto .................................500 Dupont St. ............................................... MR ......................... 500 Dupont St. ...................................................lifetimedevelopments.com Toronto .................................Aqualuna at Bayside ..................................... HR ......................... 200 Queens Quay East ...................................................................tridel.com Toronto .................................Artistry Condos ............................................... HR ......................... 292 Dundas St. W. ..................................................tributeartistrycondos.ca Toronto .................................Panda Condos................................................. HR ......................... Yonge & Dundas. ...............................................lifetimedevelopments.com Toronto .................................Skytower at Pinnacle One Yonge .............. HR ......................... 1 Yonge St. ...............................................................pinnacleinternational.ca Toronto .................................The Prestige at Pinnacle One Yonge ....... HR ......................... 1 Yonge St. ...............................................................pinnacleinternational.ca Toronto .................................Tridel at the Well ........................................ MR/HR ..................... Spadina Ave. & Wellington St. .....................................thewelltoronto.com Toronto .................................Via Bloor ........................................................... HR ......................... Bloor & Parliament. ...........................................................................tridel.com Toronto .................................XP Condos ....................................................... HR ......................... 1182 King St. W. .................................................lifetimedevelopments.com Toronto .................................36 Eglinton Ave. W. ....................................... HR ......................... 36 Eglinton Ave. W. ..........................................lifetimedevelopments.com Toronto .................................Linx Condominiums ...................................... HR ......................... Danforth & Main ................................................ tributecommunicties.com Toronto .................................Y&S Condos .................................................... HR ......................... 2161 Yonge St. .......................................................tributecommunities.com Toronto .................................Burke Condos ................................................. HR ......................... Bloor & Sherbourne ................................................. concertproperties.com Toronto .................................MRKT Alexandra Park .................................MR HR...................... Dundas & Spadina .............................................................................tridel.com Toronto .................................181 East ............................................................. HR ......................... 181 Sheppard Ave. East ...................................................................stafford.ca Toronto .................................Avenue & Park ................................................. MR ......................... Avenue Rd. & Bedford .....................................................................stafford.ca Toronto .................................50 at Wellesley Station.................................. HR ......................... 50 Wellesley St. East ................................................................pureplaza.com Toronto .................................No. 1 Yorkville.................................................. HR ......................... 1 Yorkville Ave............................................................................pureplaza.com Toronto .................................Theatre District Residences......................... HR ......................... Adelaide & Widmer ..................................................................pureplaza.com Toronto .................................Bijou on Bloor ................................................. MR ......................... 2450 Bloor St. West..................................................................pureplaza.com Toronto .................................The Briar on Avenue .....................................CTH........................ 368 Briar Hill Ave. .....................................................................pureplaza.com Toronto .................................One Seventy .................................................... HR ......................... Spadina & Queen St. West ......................................................pureplaza.com Toronto .................................King West & Charlotte ................................... HR ......................... King St. West & Charlotte........................................................pureplaza.com Toronto .................................Forest Hill Private Residences..................... MR ........................ 2 Forest Hill Rd. ..................................................... altreedevelopments.com Toronto .................................Oscar Residences ........................................... MR ......................... 500 Dupont St. W. at Bathurst...................................oscarresidences.com Toronto .................................Whitehaus ........................................................ HR ......................... Yonge & Eglinton ...............................................lifetimedevelopments.com Toronto .................................Liberty Market Tower..................................... HR ......................... 171 East Liberty St. .............................................lifetimedevelopments.com Toronto .................................XO Condos....................................................... MR ......................... King & Dufferin...................................................lifetimedevelopments.com Thornhill ...............................Royal Bayview ................................................ MR ......................... Bayview Ave. & Royal Orchard Blvd. ............................................tridel.com Vaughan ................................Park Avenue Place 1 & 2 ............................... HR ......................... Jane St. & Rutherford Rd. ................................................................solmar.ca Vaughan ................................The Vincent...................................................... MR ......................... Jane St. & Hwy. 7 ........................................................................ thevincent.ca Vaughan ................................The Rose Hill Condos ................................... MR ......................... 177 Woodbridge Ave..... truecondos.com/capital-north-communities/

MAPS

Locate properties using the map on the previous page

60 condolife magazine | Feb. 13–Mar. 13, 2021

+

BUILDERS IF YOU WOULD LIKE TO INCLUDE YOUR PREVIEW REGISTRATION, NEW RELEASE OR SITE OPENING IN THIS FEATURE, JUST EMAIL THE DETAILS TO EDITORIAL@NEXTHOME.CA

HOT PROPERTIES | OUT OF TOWN

FIND YOUR NEXT HOME

The latest properties in the Out of Town Area to keep your eye on

Youngs Point

L l St

d

a ze

tR

r yal D Ro

sP L a kef ield Rd

A

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ps

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Line

Ward

d

atha

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h

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i

7

Co

i th L

ne

d ge R y Rid Vi m

ver Bea

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Elgin

od D tw o Wes

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al

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n

N

e

Audley

Av arch Mon

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St

n pho

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Port Hope

Tele

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ilton

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3

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CARTOGRAPHY: MARKETMAPS.COM

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Rd

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Sturgeon Point

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nexthome.ca | myhomepage.ca 61

HOT PROPERTIES | SOUTHWESTERN ONTARIO AREA

KITCHENER–WATERLOO

Guelph

Waterloo

Milton

Kitchener

Cambridge

5

Brantford

Hamilto n 10

4

12

3 1

13

2 11

LONDON

14

London

62 condolife magazine | Feb. 13–Mar. 13, 2021

Mississauga

18

15 16

Oakville 17

6

MAPS Match the map numbers with property listings on the following Hot Properties page

Burlington

20 9

19

St Catharines

Niagara Falls

7

21

Welland

CARTOGRAPHY: MARKETMAPS.COM

8

nexthome.ca | myhomepage.ca 63

HOT PROPERTIES

FIND YOUR NEXT HOME

The latest properties in the Southwestern Ontario Area to keep your eye on

Legend: HR = High Rise CTH = City Home MR = Mid Rise LO = Loft LR = Low Rise LW= Live Work PH = Penthouse RH = Row Home TH = Townhouse

MAP LOCATION 1.

SITE

TYPE ADDRESS

CONTACT

Ancaster ................................Meadowlands ............................................MR/CTH .................... 559 Garner Rd E ................................................................ elitemdgroup.com

2.

Ancaster ................................Tiffany Hill ......................................................CTH........................ Raymond Rd. & Rymal Rd. ...................................... rosehavenhomes.com

3.

Brantford...............................The Ambrose Condos .................................. MR ......................... 401 Shellard Ln ...................................................... theambrosecondos.com

4.

Brantford...............................Station Sixty Lofts .......................................... MR ......................... 60 Market St. S................................................................... elitemdgroup.com

5.

Burlington ............................Affinity Condos ............................................... MR ......................... Plains Rd. E. & Filmandale Rd. ............................... rosehavenhomes.com

6.

Burlington ............................Millcroft Towns .............................................CTH........................ Appleby Line & Taywood Dr. .............................branthavenmillcroft.com

7.

Fonthill ..................................One Twenty Condos .....................................LR.......................... Rice Rd. & Highway 20 ................................................... mountainview.com

8.

Fonthill ..................................The Fonthill ..................................................... MR ......................... Rice Rd ................................................................................ elitemdgroup.com

9.

Grimsby.................................Odyssey Condos & Towns ..................... HR/CTH .................... Windward Dr. & N Service Rd. ................................ rosehvaenhomes.com

10.

Hamilton ...............................1 Jarvis .............................................................. HR ......................... 1 Jarvis................................................................................................1jarvis.com

11.

Hamilton ...............................Electric Avenue ......................................... HR/CTH .................... Upper James & Rymal Rd............................................... elitemdgroup.com

12.

Hamilton ...............................KiWi Condos ................................................... HR ......................... 212 King William St................................................................kiwicondos.com

13.

Hamilton ...............................Steeltown City Co. ...................................MR/CTH .................... Fennell Ave. E. & Upper Ottawa St. .............................. elitemdgroup.com

14.

London ..................................White Oaks Urban Towns ...........................CTH........................ London ................................................................................ elitemdgroup.com

15.

Oakville .................................5 North .............................................................. MR ......................... 1388 Dundas St. W. ...................................................... mattamyhomes.com

16.

Oakville .................................Synergy ............................................................ MR ......................... McCraney St. E. & Sixth Line ..............................................branthaven.com

17.

Oakville .................................The Randall Residences ............................... MR ......................... Randall St. & Lakeshore Rd. E. .............................. randallresidences.com

18.

Oakville .................................Upper West Side at Oakvillage .................. MR ......................... 351 Dundas St. E. ................................................. upperwestsidecondos.ca

19.

St. Catharines.......................88 James .......................................................... HR ......................... 88 James ............................................................................ elitemdgroup.com

20.

Stoney Creek ......................Casa Di Torre .................................................. MR ......................... 980 Queenston Rd................................................................branthaven.com

21.

Welland .................................L’eau ...................................................................LR.......................... 1 Albert St................................................................. info@elitemdgroup.com

MAPS

Locate properties using the map on the previous page

64 condolife magazine | Feb. 13–Mar. 13, 2021

+

BUILDERS IF YOU WOULD LIKE TO INCLUDE YOUR PREVIEW REGISTRATION, NEW RELEASE OR SITE OPENING IN THIS FEATURE, JUST EMAIL THE DETAILS TO EDITORIAL@NEXTHOME.CA

ADVERTISER INDEX — Find ads easily inside this edition 1 Jarvis – Emblem ...............................................................5, 56 52 Pick-Up Inc. ...........................................................................1 7 Ambrose Condo, The – Elite Developments ............ 2, 3, 57 Black & Decker ....................................................................57, 65 Blanco.......................................................................................... 6 7

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nexthome.ca | myhomepage.ca 65

ADVICE | INDUSTRY REPORT

BILD CELEBRATES 100 YEARS OF

INNOVATION AND COLLABORATION DAvE WILkES

We have said goodbye to 2020 and most of us are no doubt happy about that. Marked by the COVID-19 pandemic and its impacts on our lives and society, it was a year of loss, isolation and hardship for people in the GTA, Ontario, Canada and around the world. Fortunately, we have many reasons to be optimistic as we look forward to 2021.

First of all, as more people get vaccinated and more types of vaccines become available, the light at the end of the tunnel will grow closer. Gradually, the virus will loosen its hold and life will begin to return to a semblance of normal.

While still taking precautions, we will perhaps be able to gather with loved ones and enjoy some of the social interactions that were so absent from our lives last year.

Our industry will build on last year’s remarkable innovation and collaboration with municipalities, which resulted in the process improvements and efficiencies that kept housing approvals moving in a virtual environment.

The Ontario government’s positive changes to provincial housing regulations will begin to be felt at the municipal level, as municipalities across the GTA work to update processes and bylaws to meet the new rules. When this work is completed, we can expect to see the effects of the province’s leadership 66 condolife magazine | Feb. 13–Mar. 13, 2021

in this area, including increased housing supply and choice, and their corresponding impacts on the housing market.

This year is also a significant milestone for the Building Industry and Land Development Association (BILD) and our members, as we celebrate the Association’s 100th anniversary. It was in 1921 that our forerunner, the Toronto Home Builders’ Association, was founded in a small tea shop in downtown Toronto. Ever since, we have worked diligently with provincial and municipal governments on the decisions and policies that have shaped the GTA. With nearly 1,500 member companies, BILD is now the largest local homebuilders association in Canada, and one of the largest in North America.

Our centenary celebration will include a 10-week, decade-bydecade retrospective in the Toronto Star that will tell the story of our industry’s contributions to the development and growth of the GTA. With so much to look forward to in 2021, let’s embrace the year with optimism.

Dave Wilkes is President and CEO of the Building Industry and Land Development Association (BILD), the voice of the homebuilding, land development and professional renovation industry in the GTA. For the latest industry news and new home data, follow BILD on Twitter, @bildgta or visit bildgta.ca.

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