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Greater Toronto’s COMPLETE CONDO GUIDE

Greater Toronto Area May 21–June 18, 2022

THE FINER ART OF DOWNTOWN MARKHAM The Remington Group Unveils its Latest Masterpiece

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HE PEOPLE WHO LEAD THE MOST IMPORTANT SEGMENT OF THE GTA ECONOMY

2022

e NEW CONDO industry’s

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INSIDE:

SPECIAL SECTION: WHO’S WHO IN THE NEW CONDO INDUSTRY

CONDOS TO REMAIN AN ESSENTIAL SOURCE OF HOUSING

enticity.ca

RECONNECT TO NATURE

• Social Areas Around Gas Fire Pits • Outdoor Waterfall Feature

The importance of being connected to nature’s 4 elements; water, fire, earth, and air for overall well-being is the deepseated belief that has contributed to the unique aspects of this condominium community.

• Landmark Art Installations

You will experience the proven benefits of living with nature focused design features such as; custom waterfalls, fire features, indoor plant life, and spacious solarium balconies that will literally have you immersed in nature’s elements year-round; and that’s only the beginning….

• Foyer with Large Windows and a Live Tree

• Live Green Roofs Over the Entryways • Electric Car Charging Stations • Outdoor Gym, Track and Covered Bicycle Racks • Water and Fire Features in the Foyer • An Exercise Room with a View • Water and Air Filtration Systems in Each Suite • Steps to Barrie’s South GO Station Each suite includes a spacious 4-Season Glass Solarium Balcony

elementscondos.ca sales@pratthomes.ca 705.733.0300

Where the urban and natural worlds connect Amexon introduces a nature-inspired, master-planned community

Amexon introduces a nature-inspired, master-planned community

The Residences at Central Park

Every now and then, a residential opportunity comes along that is unlike any other. That’s what Amexon Development Corp. has in mind for Central Park, its 12-acre, master-planned, mixed-use community on Sheppard Avenue in

the Bayview Village neighbourhood. Central Park has been designed to be a vibrant, environmentally sustainable community and a nexus between the urban and natural worlds. Residents enjoy proximity to a range of urban conveniences, have the subway and GO Transit at their front door, and direct access to the East Don Parkland’s sprawling, forested ravine that surrounds the property in lush nature.

Jason Shiff, executive sales manager, explains: “Central Park is a nature-inspired upscale community unlike anything else in Toronto. We’re tremendously excited about sales. Central Park will be a quiet oasis in vibrant urban surroundings, where outdoor lovers are going to be able to immerse themselves in nature all year long. The ravine is part of the Don River Valley parklands where there’s a network of walking and cycling trails to explore that lead all the way downtown. And the community is connected, with the Leslie subway station and the relocated Oriole GO station right at your front door. Getting around the city, the GTA and beyond will be incredibly convenient.”

Bayview Village Shopping Centre is just down the road, with Loblaws, Pusateri’s Fine Foods, Oliver & Bonacini Cafe Grill and a variety of other shops and services, ranging from restaurants to lifestyle and wellness. Yorkdale, Fairview Mall, golf courses, parks and other destinations are within easy reach with immediate access to public transit, Hwy. 401, the DVP and the 404. “We took a lot of time and care planning the look and lifestyle potential of Central Park,” Shiff adds. “It’s going to redefine how residents live, work and play.” The community itself will feature outstanding shared amenities, retail, restaurants and services – including an on-site daycare. The awardwinning Central Park Common is at the heart of the community – an artfully landscaped, three-

acre urban park. Think traditional village green, where residents can gather and connect in person along pedestrian-friendly streets lined with bike paths, casual dining venues, fountains and reflecting pools. Yearround programming will include a farmers’ market and a picturesque skating rink. Amexon enlisted an awardwinning team to craft a development destined to become a local landmark. CORE Architects’ artful exterior for the residential condominiums is in harmony with the natural surroundings, with facades displaying an organic leaflike design in a constant interplay of sun and shade. Balconies are a full six ft. deep with vista views, and floor-to-ceiling suite windows invite the outdoors in for a stunning effect. “We wanted to break away from the conventional,” explains CORE’s Deni Poletti, “to

express a harmonious coexistence between sparkling glass and nature. It was important to be respectful of the tower’s natural setting above the East Don Parkland.” The visionary design features an elegant, hotel-inspired, port-cochere that provides an inviting sense of arrival, with an artisan-designed fountain and lush landscaping by renowned Cosburn Nauboris Landscape Architects. Sophisticated suite and amenity interiors continue a contemporary vibe, with modern features grounded in natural materials and earthy colours. “We were really inspired to create something new and fresh,” says Dan Menchions of II BY IV DESIGN. “We want these spaces to evoke the allure and comfort of nature, with detailed features and finishes that unite a love of the outdoors and creative living.”

CENTRAL PARK PRESENTATION CENTRE: 1200 Sheppard Ave. E. | 416.252.3000 | centralparktoronto.com

ABOVE: Balconies are a full six ft. deep with vista views MIDDLE: Central Park Common – skating on the picturesque ice rink, destined to become a quintessential winter activity FAR LEFT AND BOTTOM: The lounge’s sophisticated interior continues a contemporary vibe

In keeping with the “lifestyle like no other” approach of this development, residents will have the use of 55,000-sq.-ft. of fitness, wellness, leisure and social amenity space offering something for residents of all ages. The Park Club will be home to indoor and outdoor saltwater pools, a state-of-the-art fitness club, halfcourt basketball, a screening room/ theatre, recording/media studio, event space, piano/wine lounge, kids’ club, guest suites and yoga studio. Among the leisure-inspired amenities will be rooftop Zen gardens, barbecue areas, a skating rink, bowling alley, golf simulator, hobby studio, and pet daycare/grooming facilities. Working from “home” will be made easy in the spacious 5,000-sq.-ft. co-working space, featuring smart technology, meeting rooms, hot desks and a business centre.

Environmental sustainability is high on the priority list, and Central Park will be built to Amexon’s Green Development Standard, incorporating industry-leading Green features. The tower’s glass crown has reflective solar panels that supplement the building’s energy needs, and Green roofs that reduce energy consumption. A thermal building envelope minimizes energy usage and next-generation mechanical systems incorporate advanced airflow and filtration systems. Central Park is the first large-scale project of its kind in Canada to include EV charging stations in all parking areas. There will also be on-site auto-share and bike-share options available. The community will eventually encompass more than 1,500 suites, in suites ranging from one- to three-

bedroom plus den layouts, in sizes from 439 to 1,200 sq. ft. Among the superb features and finishes will be nine-ft.-high, smooth-finish ceilings, European-inspired kitchen cabinetry designed by II BY IV DESIGN, and granite or quartz-surface slab countertops. Prices will begin from the $600,000s. For a true appreciation of Amexon’s superior design and meticulously detailed craftsmanship, visit the must-see, 10,000-sq.-ft. all-glass Presentation Centre at 1200 Sheppard Ave. E. Spectacular gallery-like surroundings include kitchen, bathroom and walk-in closet vignettes that display many of the high-end appointments that come standard here. In the Finish Gallery, designer packages ensure a design-driven suite for every aesthetic sensibility.

Amexon Development is one of Toronto’s most prominent and innovative real estate developers, building its reputation as a multiaward-winning firm by delivering superior-quality properties. The Residences at Central Park is a world-class residential destination that sets new standards in the condominium industry.

TOP RIGHT: The expansive, forward-thinking, coworking space redefines working from “home” MIDDLE: The Park Club’s palatial, sun-filled fitness club FAR LEFT AND BOTTOM: The Park Club’s East Terrace – barbecue areas and secluded zen gardens

L U X U RY REACHES A NEW HEIGHT Introducing Brampton’s luxury residential condominium with elegant suite designs, sophisticated lifestyle amenities and top-of-the-line finishes. Live connected to everything in the heart of downtown Brampton with GO train and transit right around the corner. STEPS TO GO, VIA RAIL, RAPID TRANSIT, ALL MAJOR HIGHWAYS AND BRAMPTON’S WORLD-CLASS INNOVATION DISTRICT

1 bedroom, 1 bedroom plus den, 2 bedroom & 3 bedroom designs starting from the $500’s

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COM IN G SOON R EGIST ER NOW

SOLMAR.CA Brokers are protected. Davie Real Estate Inc. Brokerage. Prices and specifications are subject to change without notice. Rendering is Artist’s Concept. E. & O. E.

NOW AVAILABLE IN OAKVILLE. CALL 905.333.6162

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THE GREENWICH, BRANTHAVEN’S LATEST CONDOMINIUM IN THE MULTIPLE AWARD-WINNING OAKVILLAGE COMMUNITY. With its stunning architecture and engaging streetscape, The Greenwich is perfectly situated at the gateway to Uptown Oakville. Enjoy spacious one to three bedroom plans with generous balconies and Branthaven’s signature Fresh Thinking™ designer features and finishes included. The Greenwich’s sophisticated amenities and spectacular rooftop terrace provide exceptional living spaces to Live the Life™.

ATTAINABLE LUXURY. OAKVILLE ADDRESS. STARTING FROM THE LOW $700’S. REGISTER NOW AT BRANTHAVEN.COM

All renderings are artist’s concept. Prices, sizes and specifications are subject to change. E.&O.E.

MAY 21–JUNE 18, 2022

CONTENTS COVER STORY

22 THE REMINGTON GROUP’S GALLERY TOWERS THE FINER ART OF DOWNTOWN MARKHAM 6 condolife magazine | May 21–June 18, 2022

urban and Where the rlds connect natural woes a nature-inspired, duc Amexon introed community master-plann

SPECIAL PULL-OUT INSERT: AMEXON’S CENTRAL PARK

Property proﬁle 40 Tridel’s Bianca Suites available for immediate occupancy

44 Malibu Express 2 Connected living at its best

46 Dunpar’s Lambton Towns Providing desirable lowrise living in desirable St. Clair West

Personal Finance Four signs it’s time to refinance your mortgage

DEPARTMENTS

Editor’s Note Who’s Who and why it matters

58 Maps & Amenity Charts 65 Advertiser Index Want more information? Just ask — and you could win a prize

Contributors

Condo Life Online

INTERIORS

In the Spotlight

GTA new home market sees steady sales, inventory shortfalls in March; more news on pages 15, 16, 17 and 18

Clean and classic all-white kitchens

54 Big Style Six interior design mistakes you should avoid

20 Inside The GTA 26 In Conversation With... Steve Stipsits, Branthaven

29 Special Section Who’s Who in the condominium building industry

Decor

COLUMNS

Stat Chat What is the state of the GTA new condo market?

Realty Insider Several good reasons to buy new over resale

39 Home Realty First-time buyers get a boost in Federal Budget 2022

42 Legally Speaking Should you worry about condo docs when buying?

48 Real Insight Condos to remain an essential source of housing

50 Real Estate Pro Spring into action for a new residence this season

66 Western View Candidates must address housing crisis for today and tomorrow

nexthome.ca 7

EDITOR’S NOTE

WHO’S WHO AND WHY IT MATTERS

WAYNE KARL EDITOR-IN-CHIEF Condo Life Magazine

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

+ get social 8

condolife magazine | May 21–June 18, 2022

Just when you thought it was safe to head out into the spring housing market and to new home sales centres… As if we didn’t have enough on our plates, with the pandemic, social issues surrounding mandates, a conflict in Europe, inflation, a housing shortage, rising interest rates… now we have a labour strike. At time of writing, at least, more than 15,000 construction workers in Ontario had walked off the job, and their union – the Labourers’ International Union of North America (LiUNA) Local 183 – says the action could delay residential building projects in the GTA. “The residential construction industry is a critical part of Ontario’s economy,” says Richard Lyall, president of the Residential Construction Council of Ontario (RESCON). “Housing is a need, and the industry was considered essential throughout the pandemic. All sectors of construction are important, and labour, management and government did a good job working together during the pandemic. (There) is no reason for work stoppages, and we hope that the arbitrated settlement will encourage other parties to return to the bargaining table and reach an agreement.” It’s important to understand the role of these workers, who provide highrise forming, house framing, self-levelling flooring, railing, tile, carpet and hardwood… pretty much everything short of the kitchen sink. So, they matter. For more insights into the importance of the homebuilding sector, turn to page 66 for the Western View by Mike Collins-Williams, CEO of the West End Home Builders’ Association. As a prospective homebuyer, your primary concern may not be the staggering numbers Collins-Williams cites, underlining how critical the industry is not just to building homes, but to the overall provincial economy. Your focus is being able to afford and buy a home. Let’s assume, though, that the strike is short-lived, given the critical nature of housing, and the need for these workers to return to earning wages, and construction resumes. What we will have left is a sector that is thriving, in huge need, and firmly on provincial and federal political agendas, per recent budgets. Indeed, the Ontario election is only days away, so expect to hear a lot more about housing from all major party leaders. In the meantime, when it comes time for you to buy a new home, our Who’s Who special section in this issue details the best of the best in all sides of the industry. The GTA really is blessed with excellent new home developers, builders, marketers, sellers and other contributors. Even a pause in construction won’t change that.

Interact with us on social media: nexthome

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 REAL ESTATE 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

EDITOR-IN-CHIEF – NATIONAL REAL ESTATE

Susan Legge susan.legge@nexthome.ca

EDITOR-IN-CHIEF – GREATER TORONTO AREA

Wayne Karl wayne.karl@nexthome.ca MANAGING EDITOR

WESTERN VIEW | MIKE COLLINS-WILLIAMS Mike Collins-Williams, RPP, MCIP, is CEO West End Home Builders’ Association. westendhba.ca.

Rise Levy rise.levy@nexthome.ca CONTRIBUTORS

Jesse Abrams, Mike Collins-Williams, Kevin Crigger, Michael Klassen, Barbara Lawlor, Linda Mazur, Ben Myers, Lisa Rogers, Jayson Schwarz SENIOR VICE-PRESIDENT, SALES, NEXTHOME

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

Hope McLarnon 416.708.7987, hope.mclarnon@nexthome.ca DIRECTOR OF SALES, ONTARIO, NEXTHOME

Natalie Chin 416.881.4288, natalie.chin@nexthome.ca SENIOR MEDIA CONSULTANTS

Amanda Bell 416.830.2911, amanda.bell@nexthome.ca VICE-PRESIDENT, MARKETING – GTA

DECOR | LINDA MAZUR Linda Mazur is an award-winning 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 throughout the GTA and Canada. lindamazurdesign.com @LindaMazurGroup

Leanne Speers

SENIOR CLIENT RELATIONS SPECIALIST – GTA

Sonia Presotto

MANAGER CUSTOMER SALES/SERVICE

Marilyn Watling

SALES & MARKETING CO-ORDINATORS

Gary Chilvers, Vi Nguyen

HOME SHOW MANAGER & NEWSPAPER CIRCULATION – GTA

REAL INSIGHT | KEVIN CRIGGER Kevin Crigger, TRREB President and realtor, is a long-standing and active member at the Toronto Regional Real Estate Board. He has served all levels of the real estate industry, as well as local charities and educational institutions

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. bullpenconsulting.ca

Lisa Kelly

PRODUCTION MANAGER – GTA

Yvonne Poon

GRAPHIC DESIGNER & ASSISTANT MANAGER

Alicesa Pullan

GRAPHIC DESIGNER & PRE-PRESS COORDINATOR

Hannah Yarkony GRAPHIC DESIGNERS

BIG STYLE | LISA ROGERS Lisa Rogers is Executive Vice-President of Design for Dunpar Homes. Lisa has shared her style and design expertise on popular television programs such as Canadian Living TV, House & Home TV and The Shopping Channel. Lisa is also a regular guest expert on CityTV’s Cityline. dunparhomes.com. LEGALLY SPEAKING | JAYSON SCHWARZ Jayson Schwarz LLM is a Toronto real estate lawyer and partner in the law firm Schwarz Law Partners LLP. He can be reached by visiting schwarzlaw.ca or by email at info@schwarzlaw.ca or phone at 416.486.2040.

condolife magazine | May 21–June 18, 2022

Johannah Lorenzo, Jean Fay Rodriguez, Mike Terentiev

Published by

nexthome.ca Advertising Call 1.866.532.2588 ext. 1 for rates and information. Fax: 1.888.861.5038 Circulation Highly targeted, free distribution network aimed at real estate buyers using street level boxes, racking and Toronto Star in-home delivery. Canadian subscriptions 1 year = 13 issues – $70 (inc. HST). Canada Post – Canadian Publications Mail Sales Product Agreement 40065416. Copyright 2022 All rights reserved. All copyright and other intellectual property rights in the contents hereof are the property of NextHome, and not that of the individual client. The customer has purchased the right of reproduction in NextHome and does not have the right to reproduce the ad or photo in any other place or publication without the previous written consent of NextHome. Terms Advertisers, Editorial content are not responsible for typographical errors, mistakes or misprints. All prices are correct as of press time. Editorial Submissions from interested parties will be considered. Please submit to the editor at editorial@nexthome.ca.

Catch up between issues at

nexthome.ca & enjoy these popular stories

NEW DEVELOPMENT

Homebuying opportunities approach at Lakeview Village in Mississauga A major new master-planned community in Mississauga is inching closer to reality, with new-homebuying opportunities set to begin in the coming weeks at Lakeview Village.

Q&A

In Conversation With... Jason Shiff, Executive Sales Manager, Amexon Development Corp. Bayview Village is about to be transformed, with the Residences at Central Park from Amexon Development Corp. Jason Shiff, executive sales manager, gives us the inside scoop.

SPECIAL REPORT

How to prepare for the hot – and possibly extended – busy homebuying season Inflation, interest rates, the lingering pandemic, the conflict in Europe... Who could blame prospective homebuyers if they were feeling a little unsure? Our select group of experts helps sort it all out.

INSIGHT

What you should know about the ever-changing GTA new condo market Prospective condo buyers take note: Things are going to continue to be expensive in the short term, and without the political will and engagement by young Ontarians, this will not change. Visit or check us out on 12 condolife magazine | May 21–June 18, 2022

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NEW CONDO

Tridel and BAZIS spearhead downtown reboot with the launch of Queen Church Rising at the corner of Queen and Church, Tridel and BAZIS’ striking new condominium offers downtown living at its finest and most connected.

nexthome.ca CondoLifeMagazine

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C C OMING OMING SOON SOON TO TO E E AST AST TORONTO TORONTO Your greatest escape is right at home. Your greatest escape is right at home.

Brokers Protected. Exclusive Listing Brokerage: Hirsch and Associates Real Estate Inc. Illustrations are artists concept. Prices and specifications are subject to change without notice. E.&O.E. Brokers Protected. Exclusive Listing Brokerage: Hirsch and Associates Real Estate Inc. Illustrations are artists concept. Prices and specifications are subject to change without notice. E.&O.E.

IN THE SPOTLIGHT

GTA NEW HOME MARKET SEES STEADY SALES, INVENTORY SHORTFALLS IN MARCH In March, GTA new home sales saw a change from the breakneck pace of the past few months, the Building Industry and Land Development Association (BILD) reports. There were 4,115 total new home sales in March, down 21 per cent from March 2021 but still 12 per cent above the 10-year average, according to Altus Group, BILD’s official source for new home market intelligence. “Total new home sales remained relatively strong in March,” said Edward Jegg, research manager at Altus Analytics, Altus Group. “But signs of slowing are emerging, as higher interest rates alongside record prices start to impact demand.” “Although new home sales eased in March compared to the exceptionally strong pace of the past few months, demand continued to outpace the supply of new homes, leaving the region with an inventory shortfall,” says Dave Wilkes, BILD president and CEO. “We cannot let shortterm market variations mask the root causes of the housing supply and affordability challenge in the GTA. We need to keep our eyes on the long-term solution – building more new homes.” Sales of new condominium units, including units in low-, mediumand highrise buildings, stacked townhouses and loft units, with 3,277 units sold in March, were down seven

per cent from March 2021, and 34 per cent above the 10-year average. New single-family homes, including detached, linked and semi-detached houses and townhouses (excluding stacked townhouses), accounted for 838 units sold in March, down 50 per cent from March 2021 and 32 per cent below the 10-year average. Despite the fact that nine condo projects opened in March, demand outpaced supply, and remaining inventory fell year-over-year for the tenth consecutive month, to 7,220 units. Remaining inventory of

single-family homes, at 830 units, was more than 50 per cent off from last March’s already low level. Remaining inventory includes units in preconstruction projects, in projects currently under construction, and in completed buildings. The benchmark price for new condominium units reached a record price of $1.25 million in March, up 17.7 per cent over the last 12 months. The benchmark price for new single-family homes was $1.83 million, which was slightly less than February’s record high, but still up 27.3 per cent over the last 12 months.

MARCH NEW HOME SALES BY MUNICIPALITY REGION Durham Halton Peel Toronto York GTA

2022 77 224 496 2,124 356 3,277

HIGHRISE 2021 2020 215 16 153 113 159 472 2,455 1,835 548 421 3,530 2,857

2022 153 216 124 91 254 838

LOWRISE 2021 2020 486 257 161 155 243 146 61 46 740 368 1,691 972

2022 230 440 620 2,215 610 4,115

TOTAL 2021 2020 701 273 314 268 402 618 2,516 1,881 1,288 789 5,221 3,829 SOURCE: ALTUS GROUP

condolife magazine | May 21–June 18, 2022

IN THE SPOTLIGHT

REALTORS CALL ON ALL PROVINCIAL PARTIES TO SAVE THE DREAM OF HOMEOWNERSHIP Ontario realtors are calling on all political parties and candidates running in the 2022 Ontario election to prioritize housing policies that will ensure future generations have a shot at owning a home. Released by the Ontario Real Estate Association (OREA), the 2022 Election Housing Platform: A Home for Everyone puts forward solutions to save the dream of homeownership in Ontario. “As of March, 10 out of 36 real estate markets in Ontario had an average home price over a million dollars, and six others are on the verge of breaking the million-dollar mark,” says OREA CEO Tim Hudak. “High prices are driving young families right out of the province to find a home they can afford. Ontario stands to lose its edge as one of the most attractive places to raise a family or start a business because of the runaway cost of housing. For a political party to win in June, they need to show voters they have the solutions for Ontario’s housing affordability crisis.” OREA’s platform offers eight bold solutions to address Ontario’s housing affordability crisis, including: • Doubling the Land Transfer Tax (LTT) Rebate for First-Time Home Buyers: To keep pace with the rapid increase to housing prices, the LTT should be indexed to inflation and doubled from $4,000 to $8,000. • Ending Exclusionary Zoning: Local zoning rules continue to hold back much needed starter homes that people can afford. The Province should use the Planning Act to implement as-of-right zoning in Ontario’s highest-demand urban neighbourhoods to allow for the building of duplexes, triplexes and fourplexes on lots traditionally zoned for single-family housing.

• Getting dirty money out of Ontario Real Estate: The government of Ontario should create an Ontariomade public beneficial ownership registry that would require home purchasers to identify themselves to land titled authorities to reduce instances of money laundering through real estate. “What used to be a GTA issue, is now a province-wide problem,” says OREA President Stacey Evoy. “Smaller, more rural communities are seeing rapid increases in housing prices unlike any other time in history. The housing affordability crisis will not fix itself. We are at a turning point and Ontario needs significant leadership from the government to ensure more Ontarians can find a great place to call home.” Limited housing supply, pandemicrelated factors and changing demographics have resulted in skyrocketing housing prices across the province. Ontario home prices have tripled in the last 10 years, OREA

says, but average household incomes have increased only 30 per cent. According to a recent affordability report from the National Bank of Canada, it would take 26.5 years – or 318 months – for a Toronto resident (making $195,000) to save a down payment on an average priced home in the city. For more information, visit ahomeforeveryone.info.

The One Stop Shop for Builder Storytelling mcouatpartnership.com

nexthome.ca 15

IN THE SPOTLIGHT

MAJORITY SUPPORT EXPANDING INFRASTRUCTURE TO SUPPORT MORE HOUSING: POLL New public opinion research by IPSOS, released by the Building Industry and Land Development Association (BILD), demonstrates that 71 per cent of those surveyed agree with expanding municipal boundaries to enable more housing to be built at the periphery of GTA municipalities. Similarly, 78 per cent of those surveyed support the building of more roads and highways to support residents and growth in the GTA. “It is not a question of choosing between building more homes to accommodate a growing population and protecting the environment,” says Dave Wilkes, president and CEO of BILD. “While those opposed to taking the necessary steps to accommodate the GTA’s present and future growth like to present these as stark ‘either-or’ decisions, the reality is that with modern land development, building techniques and regulatory requirements, we know it is possible to balance both.” The survey found that less than half of GTA residents (44 per cent) are aware of the regulatory framework that governs the environmental aspects of building new homes and that only one-third of GTA residents (35 per cent) felt that

16 condolife magazine | May 21–June 18, 2022

building a new housing community is bad for the environment. When these groups were made aware of the regulatory requirements and industry environmental practices, more than a third were less likely to believe building homes harms the environment and this rose to over half when informed of the energy efficiency of new homes. “There is a clear disconnect between perception and reality,” says Sean Simpson, senior vice-president, Ipsos Public Affairs. “The majority of GTA residents clearly favour the addition of more housing supply and transportation infrastructure. Of the minority who believe that building homes is bad for the environment, a large percentage (56 per cent) are not aware of the regulations and practices already in place to protect the environment, and many report that their opinion shifts when presented with the facts.” The research found that a majority of GTA residents (92 per cent) agree that we are in the middle of a housing affordability crisis. Four in five also agree that we are in the middle of a housing shortage crisis (81 per

cent) and that we must balance environmental regulation with the need to build more homes quicker (81 per cent). However, local opposition to adding housing supply within existing communities remains strong, with more than half (55 per cent) of residents opposing the construction of a highrise condo within a half-km of their residence, and slightly less than half (47 per cent) of residents opposing a midrise building within a half-km of their residence. “There is almost unanimous agreement that the GTA is suffering from a housing supply and affordability crisis and that adding supply is the solution,” says Wilkes. “This must be done by adding gentle density in existing communities and enabling new, denser, more land-efficient development at the peripheries of GTA municipalities.” “This research demonstrates to our leaders that the public supports the idea that growth and environmental protection can be balanced. By taking action now, a legacy can be created to meet the needs of a rapidly growing population and preserve our collective quality of life.”

IN THE SPOTLIGHT

WEHBA CONFERS 2021 AWARDS OF DISTINCTION The West-End Home Builders’ Association recently held its annual Awards of Distinction gala in Hamilton, covering building, design, promotion and marketing in the new home, renovation, and sales field in the Hamilton and Halton area. The Awards of Distinction winners are selected from more than 200 nominees by third-party judges from Toronto, Guelph, Kitchener, Niagara and London area members of the Ontario Home Builders’ Association. For a complete list of winners, visit westendhba.ca.

Consumer Choice Award Low Volume Marz Homes Consumer Choice Award High Volume Branthaven Homes PRODUCT AWARDS

Decor/Design Centre DeSantis Homes Design Studio Best Interior Merchandising Model Home or Suite Mid- to Highrise DeSantis Homes AquaZul

Branthaven Homes

CREATIVE AWARDS

Best Project Logo Carriage Gate Homes BeauSoleil Best Signage DeSantis Homes Muse Best Website Branthaven Homes Millcroft Towns Best On-Site Sales & Marketing Package Branthaven Homes Millcroft Towns Best Virtual Tour DeSantis Homes Muse Best Ingenuity in Marketing DeSantis Homes Muse Marketing Award of the Year DeSantis Homes Muse ACHIEVEMENT AWARDS

BHT Award New Horizon Development Group Parallel Towns

Best Bathroom Concept in a Mid- to Highrise New Horizon Development Group Bridgewater Residences on the Lake Best Kitchen Concept in a Mid- to Highrise New Horizon Development Group Bridgewater Residences on the Lake Best Exterior Concept on a Highrise DeSantis Homes Muse Best Condominium Concept Under 750 Square Feet New Horizon Development Group Bridgewater Residences on the Lake

WEHBA CEO Mike CollinsWilliams, left, and Nick Carnicelli, Carriage Gate Homes

Best in Housing Affordability New Horizon Development Group Peachy Towns

Best Condominium Concept 750 to 1,200 Square Feet New Horizon Development Group Bridgewater Residences on the Lake Best Condominium Concept 1,200 Square Feet & Over New Horizon Development Group Bridgewater Residences on the Lake Best Townhome/Semi-Detached Home Branthaven Homes Millcroft Towns | Knightsbridge Select nexthome.ca 17

IN THE SPOTLIGHT

PRATT HOMES LAUNCHES ELEMENTS CONDOMINIUMS IN BARRIE Pratt Homes, the largest newhome builder in Barrie, has recently launched something brand new as a direct response to living through a global pandemic. The company is introducing Elements, a new community with the principles of biophilic design, to improve condo owners’ health and well-being. The concept incorporates direct and indirect elements of nature (water, fire, earth and air) through a collection of experiences that are proven to enhance one’s quality of life. “By taking a nature-focused design approach, residents will be reconnected to their inherent need to experience the four elements of nature in the modern built environment,” says company representative Karen Hansen. On the exterior, Elements will feature outdoor waterfall 18 condolife magazine | May 21–June 18, 2022

features, social areas around gas fire pits, live Green roofs over the entryways, outdoor gym and track, covered bicycle racks and electric car charging stations. On the interior, the building will feature a foyer with large windows, a live tree, and water and fire features, an exercise room with a view, water and air filtration systems in each unit, and oversized, four-season glass solarium balconies. As a bonus feature, custom art installations by world renowned sculptor, Ron Baird, depicting his interpretation of water, fire, earth and air, will be integrated into the experience of living at Elements Condominiums. Pratt Homes is putting an emphasis on lowering stress levels and encouraging healthy choices while remaining connected to nature.

“We have responded to the world we live in with residents spending more time at home,” says Hansen. “Elements Condominiums is a direct response to living through COVID-19 and experiencing lockdowns.” Elements comprises three midrise buildings with a total of 346 units, starting in the high $500,000s. There are one-, two- and two-bedroom plus den suites available, ranging from 700 to 1,300 sq. ft. Each will offer an oversized solarium balcony that will literally have condo owners immersed within nature’s elements year-round. Elements Condominiums is located in southeast Barrie, perfectly positioned for city living, with proximity to amenities such as the GO station, and yet is a short distance to four-season adventure throughout Barrie and Simcoe County. elementscondos.ca

ADVICE | STAT CHAT

WHAT IS THE STATE OF THE

GTA NEW CONDO MARKET? BEN MYERS

The new housing market in the Greater Toronto Area has never been more confusing, and that’s coming from someone who is paid to figure out what’s going on. Forecasts in the wake of the pandemic early in 2020 called for declines of 10 to 20 per cent in residential resale house prices as people hunkered down in their homes and many industries grinded to a halt, putting thousands out of work. Needless to say, those forecasts could not have been more wrong. Stimulative interest rate changes, intended to help out struggling businesses, actually fueled real estate spending. Preferences and needs changed in the work-from-home era, while some people were simply bored with staring at the same four walls and started looking for a different house or condominium. This shift and rebalance of the real estate market culminated in bubblelike conditions in January through to the start of March this year, not only in the GTA, but all over southwestern Ontario. Interest rate increases and threats of future hikes have put a damper on resale housing activity over the last four to six weeks. The resale market tends to lead the new home category, meaning shifts in sentiment occur in resale before impacting new homes. After a blistering 12 months, when price growth in new lowrise housing

shot up 40 to 60 per cent in many markets, we are beginning to see a cooldown, with slower sales and a ramp-up in purchase incentives. Will this cooling hit the red-hot pre-construction condominium market? According to the robust sample of online new condo listings that I use in my market reports at Bullpen Consulting, the average price for new condominium units in the GTA in April 2022 was $1,494 per sq. ft., an increase of 25 per cent annually. There are a couple different factors that have pushed up pricing in 2022, including a shift in the composition of the sample brought about by a higher number of downtown condo launches, and shrinking unit sizes. According to data from the Altus Group, the average price of a new condominium that launched in the GTA in 2018 was $1.14 million, at an average size of 814 sq. ft. In the first quarter of 2022, the average price was $1.09 million, based on an average unit size of 648 sq. ft. More small units in the suburbs, a higher share of studio and one-bedroom units, and higher development charges have pushed the average size down, the average end-selling price down, and the average price per sq. ft. way up. Material inflation, rising government fees/charges, and higher interest rates are all contributing to the unprecedented increase in the cost to build a new condominium. Developers must offset this by increasing their revenue – which means further increases in the average price per sq. ft. This can occur only with higher end-selling prices or smaller unit sizes.

The questions that ultimately arise are: Can investors continue to pay more for new condominiums? Is there a market for so many small units in the resale market, upon completion, to either sell or rent? Rent is clearly booming again, with data from rentals.ca showing that the average rent per sq. ft. for leased condominium suites was $3.70 per sq. ft. in April 2022, topping the prepandemic rent levels. Buying a pre-construction condominium is very different from a resale home, as you’re betting on conditions in the housing market in four to six years from now. As I mentioned, the housing market in the GTA is very hard to predict, even on a month-by-month basis. But you can be sure of a couple things: Toronto will continue to be a highly desirable place to live and work, and there is not much political will for freeing up more land for development or lowering government fees. This should continue to lead to a longterm trend of rising prices. In the meantime, you might see some notable volatility, but you must take a long-term approach when buying real estate. Good luck. Ben Myers is the 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. Contact him at bullpenconsulting.ca and @benmyers29 on Twitter.

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#InsidetheGTA GTA

Photo: Joel Gale, Eye Shoot Images

by SUSAN LEGGE

SPOTLIGHT DEVELOPMENT BRINGS BOLD NEW AFFORDABLE HOUSING DEVELOPMENT MODEL TO TORONTO

From left to right: Dahabo Ahmed-Omer, The BlackNorth Initiative; Mwarigha, WoodGreen Community Services; Sherry Larjani, Spotlight Development; Shelton Mpala, The BlackNorth Initiative; and Ene Underwood, Habitat for Humanity GTA.

PRIORITIZING HOME AFFORDABILITY at an ambitious scale, Spotlight Development is planning to transform a 3.5-acre site in the Black Creek and Lawrence neighbourhood of Toronto into a mixed-use community that provides much-needed affordable housing with supporting retail, childcare, and other community amenities to an underserved area of the city. Replacing a shopping plaza and parking lot, the project is to feature a progressive and inclusive model, and the development team has invited a series of not-for-profit agencies as partners. On the housing side, this includes Habitat for Humanity, WoodGreen Community Services, The BlackNorth Initiative, and Trillium Housing. The developer is proposing approximately 1,470 residential units. Part of the project aims to provide housing for families with low to moderate incomes that fall below $75,000 annually, with the goal of providing as much affordable housing as possible, for rental and ownership. spotlightdevelopment.com 20 condolife magazine | May 21–June 18, 2022

Image: JORG

‘Glass house’ inspired homes coming to Leaside Commons with Penthouse Collection Perched on top of an exquisitely designed nine-storey, midrise building in midtown Toronto, Gairloch Developments, in partnership with Harlo Capital, is releasing the Penthouse Collection at Leaside Common. The release introduces a new real estate offering that has yet to be seen for midrise condo living. Offering the closest thing to “Philip Johnsons’ Glass House,” the newly released two-storey penthouses feature curtain wall

encased units with 10-ft.-high ceilings, providing panoramic views of the Leaside community at an unprecedented scale. Two-storey penthouse suites range from 1,446 to 2,060 sq. ft. and are priced from $2.5 million. Studios to three-bedroom units are also available at Leaside Common, at a starting price of $898,900. Interested purchasers can visit the new Leaside Common Presentation Centre at 1720 Bayview Ave., or register at leasidecommon.ca.

Following record-breaking sale, Westbank and Allied release final set of penthouses on KING Toronto’s ‘North Mountain’ peak In April 2020, at the height of the pandemic and in the midst of Toronto’s shutdown, a penthouse at KING Toronto was acquired for a record-breaking $16 million, the highest known condo sale to take place in the city during 2020 and 2021. Located on the building’s “North Mountain peak,” the two penthouses, The Glass House and The Sanctuary, mark the final cap of KING Toronto’s urban mountain range. Currently under construction at 489-539 King St. W. in Toronto, KING Toronto is a mixed-use development designed by world renowned Bjarke Ingels Group.

The two remaining penthouses range from 2,000 to 3,000 sq. ft., with more details provided upon request. The KING Toronto presentation gallery is located at 544 King St. W., and is open by appointment only. kingtoronto.com

Windmill Developments to convert gas station into sustainable midrise community in The Beaches Windmill Developments (Windmill) is transforming an existing gas station and garage into a bikecentric, midrise development in The Beaches. An eight-storey, 57-suite boutique community, Courcelette is designed to embrace outdoor living and facilitate a sense of community among residents. The community will follow the One Planet Living framework, which comprises 10 principles, including measurements around active transportation, health, and happiness. Funding from the One Planet Living Fund, an impact real estate investment fund developed by Windmill and Epic Investment Services, is designed to accelerate the implementation of impact investing principles in real estate, while generating market returns. By launching The Fund, Windmill and Epic are hoping to popularize the adoption of the One Planet Living framework across Canada and North America, with an initial focus on the GTA and Ottawa. The plan to transform the gas station to a bike-centric community, with bike spots for every suite, includes garden beds on every balcony, bike repair stations and much more. courcelettecondo.com nexthome.ca 21

COVER STORY

THE REMINGTON GROUP: GALLERY TOWERS THE FINER ART OF DOWNTOWN MARKHAM Coming soon to downtown Markham, Remington Group presents its latest luxury condominium project –Gallery Towers. This gorgeous twin-tower residence promises to be a visually stunning masterpiece, which melds seamlessly into a 22 condolife magazine | May 21–June 18, 2022

community that places a high value on artistic expression. Linked by a seven-storey podium, Gallery Towers will marry glass with unexpected notches and articulated banding for a dynamic, sculptural presentation. All suites

will be appointed with large terraces or balconies, providing invaluable outdoor space and an inspiring view of the masterfully realized downtown Markham community. Step inside and be dazzled by your surroundings. Here, art

envelopes you. You’ll see it in the furnishings, fixtures, lighting and more. Curvaceous and lush, the designer lobby and lounge impart an auspicious feeling of luxury and high style. You have arrived – both in life and at home THE FINER ART OF INSPIRED LIVING

Gallery Towers will feature an incredible selection of luxury amenities that have been meticulously thought through to ease the stresses of modern life. Active residents will relish the presence of both indoor and outdoor fitness spaces, featuring state-of-the-art cardio equipment and free weights, along with a dedicated yoga studio. Home entertainers are sure to love the impeccably landscaped and canopied outdoor terrace with its barbecue areas, dining tables and lounge seating. Inside, challenge friends and newly acquainted neighbors to billiards or cards in the games room, then share a drink at the wet bar before heading off to the dining lounge, workshop or theatre. Of course, your furriest family members will also be pampered and pleased with amenities dedicated to their care. An onsite dog walk provides convenient exercise and canine social opportunities, while the pet spa will keep pets looking their very best. THE FINER ART OF INSPIRED DESIGN

Gallery Towers will offer one-, two- and three-bedrooms suites, including a limited collection of elegant two-storey towns. Each open concept suite presents generously proportioned living spaces and Instagram-worthy gourmet kitchens adorned with the most sought-after features and fixtures. The master bedrooms of Gallery Towers are sumptuous and incredibly spacious, making it easy to add décor touches and to stock your wardrobe with fashions from downtown Markham’s wide array of shops. nexthome.ca 23

When it’s time to unwind, spa-inspired bathrooms welcome you with fixtures and finishes meant to put you at ease both body and soul. The suite life at Remington’s Gallery Towers is poised to be sweet indeed! THE FINER ART OF RETAIL THERAPY

Anticipation is high in downtown Markham’s newest retails phase, Gallery Square. Featuring 100,000 sq. ft. at street level, each storefront will be uniquely designed with rich textures, materials and colours to create a visually stunning pedestrian experience. Imagine restaurants and patios designed for year-round enjoyment, all nestled around an intimate, art-infused public piazza. With spaces ranging from 1,000 to 10,000 sq. ft., and a mix of carefully curated tenants, Gallery Square promises to add an enhanced shopping and dining experience to an already rich retail community. THE FINER ART OF URBAN LIVING

A truly artistic spirit unifies downtown Markham, fueled by the Remington Contemporary Art Gallery (RCAG). The gallery has woven vibrant installations throughout the city’s public spaces, breathing a spirit of creativity into lobbies, shopping centres, and even parking garages throughout the neighbourhood. The result is a community that fosters deep thought and contemplation at every turn. And speaking of turns, you won’t 24

condolife magazine | May 21–June 18, 2022

want to miss out on a ride aboard the Pride of Canada Carousel – a working carousel and work of art in one, made from recycled and repurposed objects. Housed in a spectacular glass pavilion, The Pride of Canada Carousel pays tribute to celebrated Canadian icons and wonders.

Markham is perfectly positioned to allow for easy commutes. However, with more than 3.7 million sq. ft. of premium office space and more than 10,000 companies in and around Markham, chances are, residents won’t need to commute at all. In downtown Markham you can live where you work and work where you live.

DOWNTOWN MARKHAM

Life at Gallery Towers has been competitively priced, starting in the $600,000s. The buzz has already begun, and these suites are slated to go at a record pace. You don’t want to miss out on this opportunity to live at Gallery Towers in downtown Markham. Register at downtownmarkham.ca

Dine, shop and enjoy life to the fullest in downtown Markham. This 243-acre urban hub combines luxury residences with offices, shops, dining and entertainment. Steps from the Unionville GO, with easy access to major highways, and a dedicated VIVA Rapidway, Downtown

ADVICE | PERSONAL FINANCE

4 SIGNS IT’S TIME TO REFINANCE YOUR MORTGAGE

JESSE ABRAMS

The days of record-low interest rates are almost behind us and you’re probably wondering what the impending rate hikes will mean for you and your current mortgage. With inflation and prices rising across the board, you’re likely seeing your monthly expenses inch higher, too. If you’re looking for ways to access additional funds, pay down some debt or lock in a lower rate while they’re still available, it might be time to consider refinancing your mortgage. A mortgage refinance occurs when a homeowner breaks their mortgage before the end of their term (such as year three of their five-year term) to secure a new one. Or, if at the end of their term, they decide to change their mortgage, such as by borrowing more or increasing their amortization period. This can be done with your current, or a different one altogether. Most homeowners will look to refinance for any of the following reasons: TO LOWER YOUR MORTGAGE PAYMENTS

With prices of fuel and food rising, you have likely noticed a spike in your monthly household spending and are trying to budget better as a result. One way to take the burden off your monthly expenses is through a mortgage refinance. Doing this allows you to change the terms of your mortgage contract and increase the length of your amortization, which can help to lower your monthly mortgage payments.

For example, let’s say you have 14 years left on your mortgage with a balance of $593,000 remaining. If you want to lower your monthly mortgage payments, you can simply increase your amortization to 25 years. At a 3.7 per cent fixed rate, this will reduce your payments from $4,527.87 to $3,032.68. This saves you $1,495.19 per month and increases the amount of interest you pay over the remainder of your mortgage term.

looking to break your mortgage and refinance, it’s a good idea to do it sooner rather than later. If interest rates have dropped since you first bought your home, you may want to consider a refinance to lock in a better rate. However, before you make any sudden moves, you’ll want to revisit your mortgage contract and see if breaking your mortgage will result in any prepayment penalties. TO BORROW FUNDS

TO CONSOLIDATE DEBT

After two years of a pandemic and the inflationary outlook ahead, we know that life is both unpredictable and expensive. If you or your partner experienced a job loss and have debts piled up, you’re not alone. If you’re paying into a mortgage every month, it’s important to remember how multi-faceted it is and how it can be used to help us achieve various goals, including paying down debt. Through a refinance specifically, you can combine your mortgage with other major debts into one secured loan that makes up to 80 per cent of your home’s value. If you find yourself with highinterest loans such as credit card debt or personal loans, debt consolidation through a mortgage refinance gives you an opportunity to budget better and pay down your debt faster at a much lower interest rate. This can also lower your monthly payments substantially and make it easier for you to pay your debts on time and in full, and thus improve your credit score. TO LOCK IN A LOWER INTEREST RATE

The days of record low interest rates appear to be ending, so if you’re

If you’re looking to borrow funds – whether it’s to pay off lingering expenses or even use the equity to invest in another property – but want to do so at a much lower interest rate, a mortgage refinance could be a great way to do this. Refinancing allows you to access up to 80 per cent of your home’s appraised value in cash, giving you the flexibility to borrow additional funds without the black cloud of a 19.99 per cent interest rate from your credit card. PRO TIP: BE SURE TO SHOP AROUND FOR THE BEST MORTGAGE OPTION

When it comes to refinancing your mortgage, the best thing you can do is shop around to get a feel for what different lenders are offering. Although it is possible to refinance with your existing lender, at Homewise, we always encourage homeowners to explore their options. Jesse Abrams is Co-Founder at Homewise, a mortgage advisory and brokerage firm. thinkhomewise.com

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IN CONVERSATION WITH...

STEVE STIPSITS PRESIDENT BRANTHAVEN BY WAYNE KARL

26 condolife magazine | May 21–June 18, 2022

A milestone such as 50 years of homebuilding is certainly an occasion to celebrate. Achieving this signature moment in the middle of a pandemic – while making important adjustments and continuing to grow, well, that’s just business excellence. But that’s exactly what homebuyers have come to expect from Branthaven Homes over its history. President Steve Stipsits shares his insights into how the company has been able to thrive over the years, and what exciting moments are yet to come. The last couple of years have been challenging for the industry, to say the least. How has Branthaven managed during these times? I am proud to say Branthaven managed exceptionally well. We didn’t slow down, and we sold more than 1,200 homes. Our team really stepped up. Everyone adapted well to remote working and sales operations. We were able to provide all the tools to make our staff and homebuyers comfortable with the technology and confident in their purchase. We successfully implemented virtual appointments, protective protocols and safety measures at every staff and customer touchpoint from the sales environment to our decor centre and head office; and we are transitioning back to hybrid in office for collaborative work once again. It’s exciting to be back together. Did you have to adapt your plans to reflect the times? The word “plans” has more than one meaning for a homebuilding

“

business. The times certainly called for adaptation from business as usual, but we focused intently on staying the course with our active and coming soon projects during the pandemic. We preferred to look for pivot solutions, as opposed to changing our projected launches. Our industry was fortunate to see robust activity over the past couple of years, and we found effective ways to participate. With regard to our floorplans, we looked at our home designs and realized our lifestyle plans were already somewhat “pandemic proof” – in many aspects, our products are designed to support the changing needs of our buyers during these times. We also addressed the desire for working-from-home spaces with flex spaces, such as dens, study niches, oversized kitchens that had chef’s desks or large central islands that doubled as homework stations. Whether low- or highrise, our designs have access to outdoor amenities and fresh air spaces. Oversized windows, private balconies, patios and good ventilation are always considered. And how’s 2022 looking? We are excited about a strong offering in 2022 and beyond. Right now, our teams are busy building out the homes and condos for those loyal buyers who bought from Branthaven in the last two years. We will be launching diverse housing types from lowrise communities to boutique mid- and highrise condos. We have been predominately known as Burlingtonbased, and we’re proud to have strong brand recognition and an

We have been advocating for more awareness of this issue and how to build support for creating the next generation of tradespeople.

”

established footprint in the west end, but we are excited to be expanding east into Mississauga, and north to Georgetown. In fact, we will be bringing new home communities all the way around the Greater Golden Horseshoe in 2023. The future looks bright and busy Branthaven recently celebrated its 50th anniversary. What are you most proud of about Branthaven over these years? Simply put, our people and our purchasers. At Branthaven, we are a dedicated team with a passion and unwavering commitment to our purchasers. Despite good times and challenging times, we always remain deeply focused on the customer experience, delivering on our promises to those customers who put their trust in us. We genuinely uphold our “best built home at any price” motto. We are also delighted to be acknowledged, year after year, with multiple industry architecture, product and design awards. The ones we are most proud to celebrate, however, are the customer service awards as voted by satisfied homebuyers. That’s recognition the whole company can share. We also can boast a high referral and repeat loyalty of long term customers. And at 50 years, it’s an honour to achieve a legacy builder status – that does my family proud. How have the company’s vision and philosophy evolved over the years? While Branthaven started with a vision to be the best custom homebuilder, we transitioned to larger scale, low- and highrise communities, all the while maintaining our family’s philosophy and humble brand pillars established with our custom home ethos. Quality. Value. Integrity. Pride. I am also proud to say our core values have never wavered over the decades. Branthaven believes in and fosters a “culture of nice” – a true

nexthome.ca 27

respect and loyal relationship with our customers, fellow employees and valued trade partners. Our commitment to product, staff and customer promise is paramount. When it comes to evolving our product, that’s ongoing. It’s in our DNA. Branthaven is dedicated to the fundamentals of good design and the benefits it brings to our homeowners. From the first custom home to the latest highrise, we adhere to the adage: Form follows function. We give deep consideration and focus on the end product, never cookie-cutter plans, but designing the right product for the right site. We deliver quality architecture, timeless interiors and evergreen features and finishes will stand the test of time. We constantly source the latest innovations in construction, Green energy and our Smart Home Technologies to futureproof our homes. You recently launched The Greenwich at Oakvillage. How is that project coming along? In just a few short weeks, we are very pleased to announce that we are now over 50-per-cent sold. The Greenwich is really a continuation in our Upper West Side Condos 1 and 2 success story. We are hoping to receive the third WEHBA Project of the Year award with The Greenwich. Our Oakvillage Condos have won local, national and international design awards. The Greenwich brings the same architectural and interior design team, and will deliver the high

“

At Branthaven, we are a dedicated team with a passion and unwavering commitment to our purchasers.

aesthetic caliber once again. What is it about Oakville, and Oakvillage specifically, that is so special? Oakville is a vibrant community, amenity rich, highly desirable and connected to everything homebuyers want. With our lifestyle towns and the three condos at Oakvillage, we are adding quality living to the inherent value already there. Branthaven is one of the builders at the massive Lakeview Village in Mississauga project. How exciting is it to be one of the companies involved in this transformative community? What a very rare opportunity to be part of a team transforming the vast lakefront in Mississauga. Imagine participating in turning a brownfield coal fired plant into an incredible Live Work Play master-planned community that rivals any worldclass waterfront city. This is a model of sustainability, smart growth and spectacular place-making. We are thrilled to be a part of this legacy project. All six builders have brought their very best architecture and design forward. Lakeview Village will be a showcase of iconic architecture

”

and a landmark community. Branthaven will unveil a midrise condo and integrated townhome community of intimate scale, stunning materiality and unrivalled amenities. Stay tuned for more info. Any other insights you would like to share At Branthaven, we see trade shortages as a challenge for the future. Not only is there a serious shortage of housing approved for construction, but the short supply of trades to actually build them. We have been advocating for more awareness of this issue and how to build support for creating the next generation of tradespeople. Homebuilders, and many other industries, depend on these skilled workers. Branthaven is addressing this challenge by acting as a primary sponsor of City School, Mohawk Colleges Trades Program. With tuition-free courses in plumbing, carpentry, electrical and technical, the program helps foster labourmarket integration and ensure vital skills for the future viability of the industry. We also encourage more women to join the trades. branthaven.com

on a personal note How did you manage during the pandemic? Taken on any new hobbies or acquired new skills? Here’s a fun fact: We converted the Branthaven warehouse into a Pickle Ball court for staff, family and friends to have some exercise and fun, while still staying safe, and within their bubbles, of course.

28 condolife magazine | May 21–June 18, 2022

Who or what is your biggest inspiration for what you do? Carrying on my parent’s legacy of integrity in everything we do. Continuing our family business, along with my wife, sisters, nieces and nephews, and generations to come. Pride that we have the loyalty and retention of employees who make up the Branthaven “family.”

who

THE PEOPLE WHO LEAD THE MOST IMPORTANT SEGMENT OF THE GTA ECONOMY

2022

The NEW CONDO industry’s

Who’s

THE TOP BUILDERS & DEVELOPERS

ARCHITECTS & RENOVATORS • SALES & MARKETING EXPERTS • BROKERS, REALTORS, AD EXECS AND MORE! Exclusive to:

nexthome.ca/magazines

MORE THAN 500 PROFILES ONLINE nexthome.ca 29

WHO’S WHO IN THE NEW HOME INDUSTRY

NISA AHSAN

MARK BASCIANO

Marketing Manager, Tridel

President, Mountainview Building Group

Specializing in corporate communications, public relations and marketing. Ahsan manages the strategic marketing and branding of Tridel’s newest condominium communities and corporate brand. Tridel is Canada’s leading developer and builder of condominium residences, with more than 85 years of homebuilding experience. Tridel currently has 20 condominium communities in the GTA marketplace and is committed to developing condominium communities that meet the needs of today’s homeowners while safeguarding the wellbeing of future generations.

Mountainview is a multi-faceted development company with a portfolio across the Golden Horseshoe and beyond. Chairman of Tarion, a member of the Governance Committee, Consumer Committee and the Regulatory Affairs Committee. Served as the NHBA President in 1997-98, Director of OHBA from 2003 to 2008, First Vice-President in 2006-07, President in 2007-08 and a director for Meridian Credit Union. During this period he also served as a member of the Credit and Investment Committee, Community Relations Committee and the Governance Committee.

SIMONA ANNIBALE Vice-President of Marketing, The Daniels Corporation One of Canada’s pre-eminent builders and developers, creating new home communities throughout the GTA. Annibale oversees all of the company’s sales programs, corporate and project-specific marketing, public relations, as well as all corporate branding initiatives.

DENNIS AU-YEUNG Vice-President and CFO, Concord Pacific Group Concord Pacific is a real estate developer in Canada, with projects mainly in Vancouver and Toronto. With more than 30 years experience in finance and real estate development. Au-Yeung is a certified public accountant with B. Sc. and MBA degrees.

LAWRENCE (LARRY) BLANKENSTEIN President,and CEO, Lash Group For more than 65 years, Lash Group of Companies has built on the tradition of quality workmanship, innovative design, and exceptional value. It’s taken untapped neighbourhoods in the GTA and transformed them into communities. Markham and Ellesmere, the ME Community, has ME2 and Tricycle presently under construction, and is the home of Lash’s latest project, FourME Condos.

ADAM AYLIFFE CEO/Partner, L.A. Inc. With more than 18 years experience with blue chip, hospitality, banking and real estate clients, Ayliffe is actively involved in all aspects of client and project management. L.A. Inc. is a full service branding, marketing and communications agency with expertise in real estate development and corporate branding. Member of BILD. Currently working on projects throughout North America.

LAWRENCE AYLIFFE Chairman, L.A. Inc Ayliffe has worked on a huge number of residential and commercial developments in Canada, the U.S., Europe and the Caribbean. Achievements include being named to the elite group of Riley Brethour Award winners. Honoured with awards from the NAHBA, BILD and The Advertising and Design Club of Canada, to name a few.

PAT BAKER Founder, Baker Real Estate Inc. Formed to specialize in the marketing and sales of condominium projects, master-planned communities, new home developments, as well as hotel and commercial properties for developers in Canada and the U.S. With offices in Toronto, Montreal, Vancouver and Shanghai.

ANDREW BRETHOUR Executive Chairman, PMA Brethour Realty Group One of Canada’s premier new home brokerage and research firms, celebrating more than 56 years in business, with offices in Toronto, Calgary, Ottawa, Naples and Collingwood. Recipient of the prestigious Maple Leaf Award CHBA (1987). BILD Hall of Fame Award (2004), two-time recipient of the Riley Brethour Award BILD (1980, 1995). Governor of Builder Marketing Society in the U.S. and “Legend of Residential Marketing” by NAHB 2011. Founder of Canada and Toronto SAM Awards, Member of the International Lambda Alpha Society of Land Economists. Appointed to Board of Govenors of the Abraham Global Peace Initiative.

BRIAN BROWN Principal, Lifetime Developments and Chair of the Lifetime Charitable Foundation, Lifeline Involved in all aspects of the companies’ residential and commercial projects, from site acquisition to construction. Brown is a member of the Toronto Chapter of BILD. Eighteen years of experience in development.

MORE THAN 500 PROFILES ONLINE AT NEXTHOME.CA/MAGAZINES 30 condolife magazine | May 21–June 18, 2022

WHO’S WHO IN THE NEW HOME INDUSTRY

SIMON CANE

WILLIAM J. DANIELL

Sr. Account Director, Gladstone Media

President and CEO, Kaitlin Corp.

Cane brings more than 15 years proven leadership abilities in real estate marketing, operations management, budget development and cost control. A full-service creative agency, Gladstone Media provides strategic marketing solutions that are meaningful and effective, helping brands to stand out and connect with their audience.

An integrated land developer and builder of residential communities in southern Ontario for more than 35 years. Multifaceted in-house management team with extensive commercial law, land development, construction and marketing experience. Kaitlin has developed/built more than 7,000 homes and condominiums as part of more than 60 projects, with award-winning designs. Member of CPA, CA, CMA. BILD, DRHBA and OHBA.

FRED DARVISH President, Liberty Development Corp.

CHERIE CHAN Manager, Branding and Marketing, Aoyuan International (Eastern Canada) With nine years of marketing, advertising experience and a deep understanding of Canadian national and regional marketing trends, Chan has extensive knowledge in data-driven marketing, experiential, media planning and social media. She is involved in marketing strategy, customer communications, planning and design for Aoyuan’s projects across Toronto and Vancouver. Chan has led the marketing for Aoyuan’s flagship project in Toronto, M2M, which won the 2019 BILD People’s Choice Award.

An innovative developer of residential, commercial, and true mixed use buildings in the GTA. Graduate architect with more than 40 years experience in the development industry, and for the last 27 years, throughout the GTA.

R. SCOTT DAVIE Broker, Founder, Davie Real Estate Inc. Davie has more than 30 years of experience in real estate and has been a trusted advisor to many of the GTA’s top developers. Davie has listed and sold new home and condo projects from Brantford to Whitby, and from the Beaches of Toronto to Newmarket. He is recognized as a leading expert on pre-construction real estate sales and marketing in the GTA.

MARK COHEN Founding Partner, The Condo Store Marketing Systems More than 25 years as Vice-Presisent Sales and Marketing for four of the largest firms in the city (Bramalea Ltd., Menkes Developments, Concord Adex Developments and Tribute Communities), spearheading the design, marketing and sales of more than 60,000 new homes and condominiums in the GTA. Recipient of several major sales and marketing awards, both locally and provincially, including BILD’s Riley Brethour Award.

RIZWAN DHANJI Founder and President, RAD Marketing One of the leading specialists for pre-construction sales and marketing, working on iconic projects such as King Toronto, One Delisle and Bayview at The Village. The team at RAD Marketing has sold more than $3 billion in pre-construction condo developments in Toronto, Montreal, Vancouver and abroad, totalling more than 10,000 condominium suites. Dhanji leads the talented team at RAD Marketing to execute some of the most exciting projects throughout North America.

DEBBIE COSIC

JULIE DI LORENZO

CEO and Founder, In2ition Realty

Founder and President, Mirabella Development Corp., a Diamante Legacy Company

Cosic has been in the real estate industry for more than 30 years, sold more than $20 billion in real estate and is recognized as an astute professional and a fearless industry innovator. Cosic is a member of the Toronto Artscape Foundation and recently completed two terms as a member of the BILD Board of Directors. In2iton is one of the leading new home and condo sales companies and an international award winner.

Self-employed since 1982, operating one of the largest female-run real estate development companies in North America. She has served on the boards of GTHBA, Tarion (ONHWP), St. Michael’s Hospital, and the CCLA, to name a few, and in 2022, served on the Premier of Ontario’s Housing Affordability Task Force. Awards include Lifetime Achievement BILD 2017, ICCO Business Excellence 2005 and ICCO Businesswoman of the Year 2022.

MORE THAN 500 PROFILES ONLINE AT NEXTHOME.CA/MAGAZINES nexthome.ca 31

WHO’S WHO IN THE NEW HOME INDUSTRY

RHODA EISENSTADT

JOSEPH FRANCAVILLA

Managing Partner, tcgpr (The Communications Group Inc.)

Senior Vice-President, Highrise Residential, Menkes Developments

A Toronto-based independently-owned PR consulting firm, serving developers/builders and clients in various business sectors. Using many non-advertising communications tools, Eisenstadt helps position clients in the marketplace in creative and cost-effective ways, with a specialty in Issues management, strategic planning, social media and media relations.

Francavilla is responsible for the development, design and construction of many highrise condominium and mixed-use projects for more than 30 years, including the current Sugar Wharf, Festival, Mobilio, Adagio and Whitfield Developments and several upcoming projects. He is currently the Chairman of the Board of Directors of the Metropolitan Toronto Apartment Builders Association and a Director of the Residential Construction Association of Central Ontario.

DAVID FELDMAN President and CEO, Camrost Felcorp Inc. For more than 45 years Feldman has been responsible for shaping the Toronto skyline and is behind many of the GTA’s most distinctive and memorable residential communities and commercial properties. Camrost Felcorp has established an impressive portfolio that includes more than 80 buildings, 20,000 residences and more than two million sq. ft. of office and retail space, with more than $4 billion in master-planned communities currently underway. He has overseen countless public parks, high value public art pieces and interactive pedestrian spaces that have become part of Toronto’s ethos.

TERESA FRANCELLA Director of Marketing and Sales, Highrise Division, The Remington Group Current developments are Downtown Markham - the largest LEED Certified development in North America, 243 acres of mixed-use development that fuses together residential, retail, entertainment and commercial, and IQ Condos – a master-planned community, eight acres mixed-use neighbourhood with seven condominium towers, street level retail and central park.

SAMSON FUNG NICHOLAS FIDEI Founder and President, Treasure Hill Homes In 2003, Fidei founded Treasure Hill, which has grown into a prominent industry leader, with more than 10,000 homes created in its award-winning communities. Treasure Hill is also building in five Florida communities. In 2012, Fidei established the Cycle Warriors team to participate in the Enbridge Ride to Conquer Cancer, having raised approximately $3.5 million to date for the Princess Margaret Cancer Centre.

Vice-President Marketing, Tridel Fung leads the Tridel marketing team, defining the vision and strategic direction of the company’s project marketing plans, as well as guiding its marketing strategies, which include overseeing budgets, pricing models, design and go-to-market launch strategies. He obtained his BCom from UofT, his International MBA from the Schulich School of Business, and holds a real estate brokers’ license. Tridel is Canada’s leading developer and builder of condominium residences, with more than 85 years of homebuilding experience. Tridel currently has 20 condominium communities in the GTA marketplace and is committed to developing condominium communities that meet the needs of today’s homeowners while safeguarding the well-being of future generations.

MICHAEL F. FIRESTONE Vice-President of Operations and Development, Camrost Felcorp Inc A fierce advocate of quality with a dedication to consumer satisfaction. Starting with Camrost in 1994, he has worked on more than 60 projects in addition to serving on the Home Builders’ Association. Firestone was a driving force in the creation of Mystic Pointe, located near Lakeshore and Park Lawn, a site that was the catalyst for development in the area, as well as the more recent communities of Imperial Village, Yorkville Plaza community, Upper East Village and the award-winning Exchange District in downtown Mississauga.

JOE GRASSO Principal, NGEN Communications An internationally experienced marketing strategist who is focused on reshaping the way brands are marketed. Grasso understands the power of integrating new mediums with traditional ones to add a new dimension to communicating your brand. He believes that great ideas should deliver real-time results and open the way to new markets and opportunities, and that you know your product better than anyone. Grasso brings the passion of your beliefs to your customers and prospects by being just as passionate as you.

MORE THAN 500 PROFILES ONLINE AT NEXTHOME.CA/MAGAZINES 32 condolife magazine | May 21–June 18, 2022

WHO’S WHO IN THE NEW HOME INDUSTRY

LOU GROSSI

TAMI KENWELL

Broker of Record, Intercity Realty Inc., Brokerage

President and Founder, Madhouse Advertising

Intercity specializes in the sale of new homes and condos as well as resale residential and commercial real estate. Grossi is a real estate broker with more than 39 years of experience and specializes in all forms of real estate transactions. Intercity represents some of the most prolific new-home builders in Ontario, with sites that span across the GTA and beyond.

Madhouse delivers with passion, innovation and brand integrity, and Kenwell brings more than 25 years of sales and marketing experience in the real estate industry to her clients. Leading a powerhouse team of creative individuals, Kenwell’s promotional expertise with builders/developers spans a broad range of lowrise, highrise, commercial and retail products. Specializing in interactive, digital experiences.

DAVID KLUGSBERG MARCO GUGLIETTI President of Rosehaven Homes Multi-award winning luxury builder of southern Ontario. Founded in 1992, with more than 9,000 homes built to date. Coming soon: Mayfield Collection (Caledon), On the Ridge (Stoney Creek), Ivy Rouge (Oakville), Dreamfields (Bradford) and The Rebecca Condos (Hamilton). Member in good standing of BILD, OHBA, WEHBA ND NHBA.

President/COO, L.A. Inc. More than 30 years experience in marketing real estate, including highrise and lowrise housing, resort communities, hotel and retail developments and rental housing in Canada and the U.S. Has worked for developers and agencies, bringing a unique perspective to the marketing equation. Served on the Board of BILD. Awarded the Riley Brethour Award for his outstanding and consistent achievements in residential sales and marketing.

ANSON KWOK Vice-President of Sales and Marketing, Pinnacle International

DANIEL GUIZZETTI President/CEO and Co-Founder, Empire Communities Guizzetti has been involved in the development of residential, commercial and industrial real estate in North America for more than 30 years. He actively participates in all aspects of the business, including finance, investment strategy, land development and construction, as well as acquisitions and dispositions.

Former hotelier and graduate of University of Guelph. Also holds an MBA from the University of TorontoRotman School of Management. Has more than 10 years of Pinnacle experience, and has sold more than 5,000 condominium units across 13 projects in the GTA, he is currently involved in the design, development, planning, and operations of Pinnacle’s more than 10 million sq. ft. of future mixed-use master-planned communities.

BARBARA LAWLOR CEO of Baker Real Estate Inc.

ANTHONY HELLER President, Plazacorp Investments Ltd. A real estate and development company in business in the city of Toronto for more than 38 years. In the past 29 years, Plazacorp has focused on highrise condominium projects in the city of Toronto. Heller is responsible for overall management of the company, and has particular responsibility for project finance.

Lawlor is the driving force behind Baker, opening new offices and leading major sales and marketing campaigns for the company in North America and International real estate markets. Since Baker was founded in 1993, she has been instrumental in realizing Baker’s vision. Her passion, determination and steady hand has inspired the team to sell more than $80 billion in new home sales, and make her the prominent female voice in the industry.

ESTHER LAY Sales and Marketing Manager, Pinnacle International

CHRIS HUTCHINS Marketing Manager, Branthaven Homes Post-secondary educational background in interior design, with residential and hospitality/commercial project experience. Active in the sales and marketing management of new lowrise and midrise residential construction and development projects throughout the GTA and the Waterloo/Wellington Region.

Responsible for overseeing the sales and marketing activities for the residential projects throughout the GTA. Pinnacle is currently developing master-planned communities, such as the prestigious Pinnacle One Yonge community in downtown Toronto, Pinnacle Uptown in Mississauga, Pinnacle Etobicoke in Etobicoke, and Pinnacle Toronto East, at Sheppard Ave. E. and Warden Ave. Pinnacle International is one of Canada’s leading builders of luxury condominiums residences, hotels and commercial developments in North America.

MORE THAN 500 PROFILES ONLINE AT NEXTHOME.CA/MAGAZINES nexthome.ca 33

WHO’S WHO IN THE NEW HOME INDUSTRY

AL LIBFELD

ZEV MANDELBAUM

President, Tribute Communities

President and CEO, Altree Developments

Tribute is one of the largest builders of homes and condominiums in Toronto. Libfeld has more than 45 years in the industry. Past President of OHBA. Past Chairman of Tarion.

Mandelbaum holds an international degree in finance and has extensive experience working throughout the development industry. Prior to co-founding Marlin Spring and founding Altree Developments, Mandelbaum headed Lanterra Developments Commercial division, with a strong focus on street retail. He also helped establish and manage premier retail in the heart of Downtown Toronto with award-winning leases including Starbucks, Nandos, Via Vai, Shoppers and Bank of Montreal.

MARY LIOLIOS Vice-President of Sales and Marketing, Tribute Communities With more than 20 years of diverse experience in sales and marketing of highrise and lowrise developments across the GTA.

PAT LLOYD Marketing Manager, Tribute Communities More than 32 years experience in administration, public relations and sales and marketing of new homes and condominiums in the GTA. Previously with BILD, Penta Stolp Corp. and Bramalea Corp.

ROBERT & ED LUCCHETTA Second-Generation Principal and President, Lucchetta Homes A family-owned, custom award-winning homebuilder of more than 3,000 homes in the past 60 years. Currently active in lowrise residential developments throughout Niagara, notably the flagship communities of The Residences of Hunters Pointe, which won Best Community in Canada by CHBA, Ryan’s Grove, and Davis Heights in Fonthill. Recently recognized for building Canada’s first Net Zero Energy Ready Qualified home. Garnering local, provincial and national awards.

ANGELA MAROTTA Director of Sales and Marketing, Solmar Development Corp. With more than 20 years experience in various departments as a second generation family member at Solmar, she is involved in many aspects of the business, from design and development to sales and marketing. Established more than 31 years ago, Solmar has layed the foundation for many master-planned communities across the GTA with attention to detail, quality and innovation in architecture and design that range in highrise and lowrise developments.

DAVE MARZOLA Senior Account Director, Impact North Inc. Has been a marketing professional in the real estate industry for more than 23 years. He’s played an integral role in the successful launch of more than 250 new home communities and more than 60 mid- and highrise developments consisting of more than 60,000 units all across Canada and the U.S. From new communities, purpose-built rentals, adult lifestyle and retirement communities to major masterplanned developments and infill projects, Marzola has brought his industry knowledge and expertise to every project, while leading and mentoring an innovative team.

ANTONIO MAGGIO

BRIAN McCAULEY

President, Elite Homes and the AMC Real Estate Group of companies including AMC Real Estate LTD. Brokerage, Broker of Record and AMC Real Estate Management and Development.

President and CEO, Concert Properties

More than 30 years of experience in the construction and real estate industry. Maggio started as a home renovator and real estate broker, moving into the field of management and development. The expansion of his commercial plaza “Off Boradway” in Orangeville and the addition of 16 residential suites is almost complete. Coming soon, 22 residential suites and 31 loft townhomes close to the Blue Mountain ski resort and Nottawasaga Bay.

Joined Concert in 1994. For more than 25 years, McCauley has played a key role in the development of some of Concert’s largest mixed-use projects, and in 2001 guided Concert’s expansion in Ontario where he lead the development of assured rental housing in Toronto. Serves on the boards of UDI Pacific Region, Junior Achievement BC, the Funding Allocation & Housing Committee for Streetohome; past director of BILD. He is an experienced and much sought-after speaker on real estate related matters.

MORE THAN 500 PROFILES ONLINE AT NEXTHOME.CA/MAGAZINES 34 condolife magazine | May 21–June 18, 2022

WHO’S WHO IN THE NEW HOME INDUSTRY

DAVID McCOMB

ALAN MENKES

President and CEO, Edenshaw Developments

President, Highrise Residential, Menkes Developments Ltd.

McComb has more than 30 years of development and construction experience in Toronto and Vancouver. Having overseen Concord CityPlace and Concord Park Place, two multi-billion-dollar urban masterplanned residential developments, he endeavours to establish Edenshaw as the leading GTA developer of quality residential mixed use communities. Edenshaw’s flagship project, Chaz Yorkville is the recipient of two International Project of the Year awards. Current planned development projects for more than 2,000 residential units. McComb takes pride in participating in philanthropic opportunities.

Under Menkes leadership the has completed more than 40,000 condominium units. He spearheaded a number of high-profile projects, including the Four Seasons Hotel & Private Residences in Yorkville, and the landmark Empress Walk complex in North York City Centre. Currently, he is overseeing the development of numerous projects across the GTA, including 77 Clarendon and Sugar Wharf. He serves on the Board of the University Health Network Foundation and is a member of the World Presidents Organization.

JARED MENKES Executive Vice-President, Highrise Residential Division, Menkes Developments Ltd.

SCOTT McLELLAN Senior Vice-President, Plazacorp Plaza, 2018, 2020 Tarion Highrise Builder of the Year, is downtown Toronto’s leading condo developer and builder with more than 4,700 suites sold in the last six years, translating into more than $2 billion in sales. McLellan oversees sales and marketing initiatives, new business opportunities and customer care practices. His duties also include product design, pro-forma analysis, and revenue management. He has been an active participant in the industry for more than 30 years. McLellan, a regular keynote speaker at many industry and information seminars as well as a member of the board of directors at BILD.

Oversees all aspects of the Highrise Division, including the development, marketing, sales, construction and customer service of more than 40,000 condominium units across the GTA. Menkes has twice been named Canada’s top selling builder and launched luxury and mixed-use developments, including the award-winning Harbour Plaza Residences in Toronto’s South Core. He is currently overseeing Sugar Wharf Residences on the waterfront, Mobilio and Festival in Vaughan, Menkes Condo Rentals and Menkes Property Management.

ERIN MILLAR Director of Marketing, Vice-President of Sales and Marketing, Marlin Spring Millar brings more than 15 years of developer led sales and marketing experience to the Marlin Spring development platform and has led the successful launch of a number of new low-, mid - and highrise projects during her years in the industry

GEOFFREY McOUAT Creative Director, Brand Identity Consultant and Principal, McOuat Partnership Recipient of numerous advertising and marketing industry awards, he has contributed to the successful completion of more than 3,000 communities, condominium projects and resort condominiums. His experience also includes work with such brands as Honda, Nestlé, Butterball, Weetabix, Perrier and others.

NICK MONTELEONE Principal/ Art Director, 52 Pick-Up Inc. As the recipient of numerous prestigious design awards, Monteleone is known as an innovative designer. Forward thinking, his objective to design is to create a timeless brand to ensure market longevity. He is a designer who believes in understanding a vision through collaboration and constant exploration. Monteleone has a zeal for design.

BEN MYERS President, Bullpen Research & Consulting Inc.

LIANNE McOUAT Vice-President of Strategy and Client Service, McOuat Partnership A strategic marketing professional with more than 25 years experience in all real estate sectors. A veteran of with more than 1,000 projects and winner of numerous sales and marketing awards at the regional, provincial, national and international levels.

A residential real estate advisory firm specializing in condominium/rental apartment market studies and high-density land valuations. Twenty years of international real estate research experience. Myers is also the Special Market Advisor at Baker Real Estate, assisting in the pricing and analysis of new home developments. As a rental market commentator, Myers and his team produce the National Rent Report for rentals.ca. Co-host of the Toronto Under Construction podcast.

MORE THAN 500 PROFILES ONLINE AT NEXTHOME.CA/MAGAZINES nexthome.ca 35

WHO’S WHO IN THE NEW HOME INDUSTRY

HARLEY NAKELSKY

KAREN PRATT-HANSEN AND HELJAR HANSEN

President and Partner, Baker Real Estate Inc. Nakelsky has been pivotal to the success of Baker, ensuring that its clients benefit from cutting-edge innovation, tried-and-true strategy and unique insights. His leadership, strategic vision and deep roots in sales guide the senior management team. Nakelsky also takes a direct and active role in maximizing revenue for Baker’s clients.

Owners of Pratt Homes Barrie’s largest builder since 1890. Currently have communities in Barrie that offer detached homes, condos, townhomes and sixplexes. The communities are Hewitt’s Gate and Elements Condominiums, which are both located in Barrie’s south end.

HELEN PRUCHA AGATA NARANCIC Marketing Manager, Tridel Narancic has with more than 19 years of experience in real estate marketing. Brings Tridel’s newest communities to the market from conception to completion, including merchandising, advertising, event planning as well as supporting strategic and corporate marketing campaigns. Tridel is Canada’s leading developer and builder of condominium residences, with more than 85 years of homebuilding experience. Tridel currently has 20 condominium communities in the GTA marketplace and is committed to developing condominium communities that meet the needs of today’s homeowners while safeguarding the wellbeing of future generations.

Partner, Personal Promotions Group Personal Promotions Group is a group of highly motivated and experienced marketing and communications strategists. They bring a wealth of expertise to the team, and their real estate clients are always assured that the marketing and communications are working together to deliver effective and measurable results.

DON PUGH Partner, The Daniels Corporation One of Canada’s preeminent builders and developers, creating new home communities throughout the GTA. Pugh plays an integral role in the development of all Daniels’ lowrise communities, from design development and contracting, project management, sales and marketing to after-sales service. He also oversees the building and operations of all Daniels’ Gateway Rental communities; commercial leasing and Daniels Home Management.

DARRYL ORIAN Vice-President Marketing, StateView Homes Inc. With more than 15 years of experience in the real estate market, successfully launching more than 35 condominium and single-family communities across Ontario. Brings a strong agency background to the role, along with a Bachelor of Commerce in Marketing Management. Orian is involved in all aspects of community/product design, project marketing for multiple low and highrise residential projects and numerous corporate charitable initiatives.

MARK REEVE Partner, Urban Capital Property Group Urban Capital develops condominiums with a project portfolio of more than 8,000 units completed and under development across Canada, including Toronto, Ottawa, Montreal, Winnipeg and Halifax. Toronto based, Urban Capital is forward-looking, leading the modern design trend in condominium development, working in collaboration with award-winning architects and interior designers.

DEENA PANTALONE

JULIA ROSS

Managing Partner, Chief Innovation Officer at Venturon and National Group of Companies

Senior Marketing Manager, Tridel

Pantalone’s expertise is focused in the place where real estate and technology meet. As Founder and Managing Partner at Venturon Ltd., she leads a capital group investing in, and mentoring, global start-up companies that develop innovative technologies, products and services for the real estate industry. Pantalone builds communities, condos, retirement residences, commercial properties and develops land throughout Canada and the U.S.

More than 20 years of successful sales and marketing experience in all aspects of corporate and new home condominium development at Tridel. Tridel is Canada’s leading developer and builder of condominium residences with more than 85 years of homebuilding experience. Tridel currently has 20 condominium communities in the GTA marketplace and is committed to developing condominium communities that meet the needs of today’s homeowners while safeguarding the well-being of future generations.

MORE THAN 500 PROFILES ONLINE AT NEXTHOME.CA/MAGAZINES 36 condolife magazine | May 21–June 18, 2022

WHO’S WHO IN THE NEW HOME INDUSTRY

JAYSON SCHWARZ

DAVID WEX

Senior Partner at Schwarz Law Partners LLP

Partner, Urban Capital Property Group

More than 44 years of practice in the areas of real estate law, including developer, builder and consumer representation; corporate/commercial transactions; domestic and international business structure, tax, succession and corporate planning. Completed his Master’s degree in business law at Osgoode Hall Law School in 2011. Guiding consumers through the real estate maze for more than two decades through his company and his Legally Speaking column. He has written for, and been quoted in, several large national publications and newspapers and has appeared as a real estate expert on radio and television.

Urban Capital develops condominiums with a project portfolio of more than 5,000 units completed and under development across Canada, including Toronto, Ottawa, Montreal, Winnipeg and Halifax. Toronto based, Urban Capital is forward looking, leading the modern design trend in condominium development, working in collaboration with award-winning architects and interior designers.

DAVE WILKES President and CEO, BILD

JASON SHIFF Executive Sales Manager, Amexon Development Corp. Shiff heads Amexon’s sales team and has vast experience in new home sales throughout the GTA.

STEVEN STIPSITS Owner and President, Branthaven Homes The proud recipient of numerous product, design and leadership awards including the Tarion Ernest Asslay Builder of the Year and Stephen Dupuis Humanitarian of the Year. Currently celebrating 50 years of homebuilding excellence, Branthaven is leading the industry with attainable luxury, design forward lowrise communities and highrise developments across the GTA west.

GARY SWITZER CEO, MOD Developments Inc. Switzer is one of the city’s most awarded developers. A graduate of the University of Toronto School of Architecture, he began his career at WZMH Architects before working in the planning department for the City of Toronto. Later, he went on to help establish the highrise division of Great Gulf Homes, and in 2009, he co-founded MOD Developments with Noorez Lalani. Switzer is the chair of the Toronto Chapter of BILD, a frequent lecturer at U of T, York University and Ryerson University.

The association has 1,300 members and proudly represents builders, developers, professional renovators and those that support the industry. He has previously served on the George Brown College Board of Directors and Executive Committee, the Board of Directions of the Ontario Curling Association and the Black North Initiative (Housing Committee). He is a current member of R-Labs I+T Council. Wiles was also a member of the Ontario Government’s Housing Affordability Task Force. He received his Bachelor of Arts (Applied Geography) from Ryerson.

ALEX WONG Senior Digital Marketing Manager, Tridel More than 15 years of experience in online advertising, email marketing and digital campaign development. Creates digital strategies and provides web metrics and analysis for Tridel’s marketing team. Tridel is Canada’s leading developer and builder of condominium residences with more than 85 years of homebuilding experience. Tridel currently has 20 condominium communities in the GTA marketplace and is committed to developing condominium communities that meet the needs of today’s homeowners, while safeguarding the well-being of future generations.

ANASTASIA TESTANI

ROBERTO YANGOSIAN

Marketing and Communications at Lifetime Developments, Charity Coordinator for Lifeline Foundation, and See You Soon Toronto

Vice-President/Group Account Director, The Brand Factory

Testani holds a Bachelor of Arts, Honours from the University of Guelph. With a lifelong passion and interest in real estate, She has overseen the sale of more than 1,300 condominium units across five projects in her role with Lifetime Developments. As Charity Coordinator, Testani has managed fundraising initiatives that have raised more than $800,000 for Lifeline Foundation and more than $350,000 for COVID relief with See You Soon Toronto.

With more than 25 years developing and brand consulting with a specialty in the architectural engineering and construction segment. Have launched the most high profile real estate brands in the GTA, while also building their overall brands. Specialist in integrating branding, budgeting, advertising and marketing, print production and consolidating client expectations.

MORE THAN 500 PROFILES ONLINE AT NEXTHOME.CA/MAGAZINES nexthome.ca 37

ADVICE | REALTY INSIDER

WHY BUY PRE-CONSTRUCTION? HERE ARE SEVERAL GOOD REASONS TO BUY NEW OVER RESALE

MICHAEL KLASSEN

Why buy a pre-construction home or condominium? This is possibly the number one question I get from first-time buyers and investors alike. My opening response is always the same: When you purchase new, you choose the lot you want your home built on or the floor in the condominium building that fits your needs. There’s no bidding – the price is the price, and you know right away whether the residence you want is available. Think of the headaches and stress that eliminates. And speaking of price, purchasing new means you can take advantage of competitive deposit structures rather than having to be “close-now ready” with resale. You have anywhere from two to four-plus years to save for the down payment, and in that period of time, the value of your new residence will likely have gone up. You can buy at today’s prices and move into tomorrow’s value. It’s easier to plan for the future with this flexibility. Keep in mind that when you buy resale, you may think you know where you stand financially, but you never know what kind of unforeseen problems you may have – especially if you purchase without a home inspection. We’ve all heard horror stories about problems that arise after taking possession of a resale home. 38 condolife magazine | May 21–June 18, 2022

Also keep in mind that “new” is the only form of real estate that comes with a warranty. Ontario’s Tarion protection coverage comes with a seven-year warranty, and it provides protection regarding deposits, delayed closings and substitutions of finishes and materials. Last year, Tarion increased several of those coverage limits for even more protection. This brings up another advantage of buying pre-construction: You get to select the colours, features and finishes you like – the items that will make your surroundings feel like “home.” Maybe you have a minimalistic modern kind of sensibility, or perhaps you prefer more traditional surroundings. You’ll find your builder will offer all the above, and more. Of course, every builder will offer upgrades, but today’s standards are so impressive that you may well not need to upgrade to get what you want. Lowrise layouts are more efficient than ever, and condominiums are stylish from the lobby up.

Buying pre-construction means you get the very latest in building techniques and materials according to Ontario Building Code. That guide is updated every few years to ensure new home buyers in the province get modern and energy-efficient surroundings. Many resale buyers end up spending tens of thousands of dollars to bring their homes up to their standards of living, so this is a major reason to select preconstruction over pre-owned. And here’s a bonus: When you move into your new home or condo, you will be the first to use your appliances, fixtures and everything else. In other words, when you buy new, it’s all new. Michael Klassen is the Broker of Record, Eleven Eleven Real Estate Services. Based in Toronto, this firm is a residential preconstruction listing brokerage. 1111realty.ca

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ADVICE | HOME REALTY

FIRST-TIME BUYERS GET A BOOST IN FEDERAL BUDGET 2022

DEBBIE COSIC

I hear it all the time: How can firsttime buyers possibly get into the homeownership market with prices the way they are? In fact, first-time

purchasers continue to find ways – and the recent Federal Budget 2022 has kicked in some perks to help make it even more possible. Potential purchasers now have a Tax-Free First Homes Savings account that enables them to save up to $40,000 toward a down payment. That’s on top of the government of Canada’s Home Buyers’ Plan, which allows them to use up to $35,000 from their RRSPs. The First-Time Home Buyers’ Tax Credit has now been doubled to $10,000, which means qualified buyers who purchased homes after Jan. 1 of this year can claim that amount on their tax returns. This will bring a rebate of up to $1,500, instead of the previous $750. In addition, Canada Mortgage and Housing Corp.’s First-Time Home Buyer Incentive has been extended to 2025. This offers a great opportunity to take advantage of a shared-equity mortgage with the government of Canada, making the down payment more attainable and lowering monthly costs. Those who buy a new home may also qualify for a GST/HST New Housing Rebate to recover some of the GST, or the federal part of the HST paid on their primary place of residence. In Ontario, first-time buyers can also look into receiving a rebate on portions of their land transfer tax. All of this adds up. If, however, buying a first home is still a financial challenge, there are other options to consider, especially while mortgage interest rates are still low. First, get yourself pre-approved for a mortgage at a financial institution. Then if you need to find more to make your down payment, you might be able to turn to what’s often referred to as “the bank of mom

and pop.” This form of gifting is becoming more common. According to a report by CIBC, about 30 per cent of first-time homebuyers receive this form of financial help in 2020. We also see an increasing number of parents co-signing for their children’s mortgages. Having gone through the skyrocketing interest rates during the late 1980s and early 1990s, these parents realize how important it is to get into the market now before interest rates jump more. There is also the option of multiple ownership to help afford the down payment and monthly costs. This may involve family members co-purchasing or friends going in together to own a home or condominium. These buyers can be roommates until they decide to sell someday and split the profits. My main advice is do whatever you can to get yourself into the market. Buying new is ideal, as you avoid moving in and having all kinds of renovation headaches to deal with. Just ask anyone who has bought an older residence. The new budget definitely helps, but you can also do some creative thinking and planning to make your dream of owning a home come true.

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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nexthome.ca 39

BUILDER PROFILE | THE ANNEX

TRIDEL’S BIANCA SUITES AVAILABLE FOR IMMEDIATE OCCUPANCY LIvABLE sPAcEs wITH A PLAcE FOR EvERyTHINg

The models feature two bedrooms and two ensuite baths, so living spaces are private from bedroom areas, plus there’s a convenient powder room for guests and a sizable laundry room with extra storage space and a laundry tub. Offering the complete package, one model even has a spectacular outdoor terrace space to relax and entertain while taking in the striking views of Toronto. cLAssIc AND LUXURIOUs sTANDARD FINIsHEs

When Tridel’s principal in-house Interior Designer Stella Salvador offered Condo Life a tour of their two new model suites at Bianca in The Annex, we jumped at the chance. An escape from the ordinary, these downtown Toronto condominium suites are thoughtfully designed and well-appointed, with all the standard features you’d come to expect from Tridel. Best of all, the suites are available for immediate occupancy, making this a once-in-a-lifetime opportunity to own a new home in this exciting new community. Bianca offers a new definition of luxury, says Salvador. “It’s more of a synergy of convenience – of lifestyle, of experiences and, of course, beauty. It goes beyond the material – it’s a next-generation luxury.” 40

condolife magazine | May 21–June 18, 2022

In the kitchen, you’ll find undercabinet lighting and black matte faucets, gas stove tops, natural walnut cabinetry, quartz countertops and backsplashes. The showstopper is kitchen’s beautiful quartz waterfall island. The ensuite bathrooms at Bianca offer marble tile throughout, black

framed mirrors, and frameless shower enclosures and free-standing tubs. Keep in mind when visiting that the finishes and features, such as quartz backsplashes and countertops, faucets, engineered wood flooring, are all standard, with accessories such as closet organizers, wallpaper, and drapery being the only exceptions. HIgH-TEcH cONvENIENcE AND sEcURITy

In-suite and common area tech features are tied together using the 1Valet smart home system at Bianca. This includes in-suite a wall pad to control the thermostat, security features and concierge messaging, and the system can also be controlled by using an app on your phone. You also can book amenity spaces quickly and easily from the comfort of your suite. Located in one of Toronto’s most vibrant neighbourhoods, this groundbreaking location is becoming known

as The New Dupont Cultural corridor. Just four subway stops away from Bloor-Yonge subway station, it has a Walk Score of 93/100 and a Transit Score of 95/100. Schools, art galleries, theatres and museums surround the neighbourhood, and there are several upscale cafes, restaurants, shops and services in the area, including several retail shops that are opening on the lower level of the building. Tridel is one of Canada’s most trusted builders, with more than 85 years of homebuilding expertise. The team has built more than 87,000 homes and each new community is Tridel Built Green Built for Life. Call the presentation centre at 416.649.2328 to book an appointment. Office hours, floorplans and more details about all of Tridel’s fabulous communities can be found at tridel.com/bianca/ presentation-centre/. Check out the full model tour and interview with Stella Salvador at youtube.com/watch?v=tIaF-x6NWgY

nexthome.ca 41

ADVICE | LEGALLY SPEAKING

SHOULD YOU WORRY ABOUT THE CONDO DOCS WHEN BUYING?

JAYSON SCHWARZ, LLM and GREG DUBECKY, JD

Should you have a professional review the status certificate and other supporting documents before making an offer on a condominium unit? Or should you make the offer conditional on a satisfactory review? While this notion might seem like a luxury in a sellers’ market, with a great deal of pressure on buyers to purchase quickly and waive conditions, note that with rising interest rates and an inflationary spiral, it seems the market is more balanced than it has been in a long time. Understanding what you are getting into is critical to your future. You are not buying minor consumer goods such as a toaster, and what you do could affect the rest of your life. Lawyers and accountants with specialized practice experience in this area can often offer valuable insight into the presence or absence of financial warning signs, restrictions or rules you might not notice, and a myriad of other matters that you may not understand. There may be rules precluding pets, or worse, only small dogs and you have a beautiful 80-pound golden retriever that cannot move in with you. Or perhaps there are no rules about noise, and your condo is located beside a heavy metal band member who practices all night. What kind of financial warning signs? Is the corporation involved 42 condolife magazine | May 21–June 18, 2022

in any major lawsuits? Is the current owner of a unit you’re considering up to date on fees owing? If it’s an older building, what repairs may be needed? It is the longer-term management of reserve funds and repairs that could represent the largest financial implications and issues with respect to these matters. There could be significant implications for the monthly fees associated with ownership in a condominium, as well as the possibility of special assessments (one-off requirements to pay a sum of money to the condominium corporation to help it cover a shortfall or ongoing repair costs), something that’s more likely where a reserve fund has been poorly managed. What is a reserve fund? All condominiums must have at least one reserve fund account where the funds collected from a portion of the maintenance fees owners pay are banked and held in reserve to finance the major repairs and renovations of the common elements of the condominium corporation. Items such as exterior walls and roofing, hallways, elevators, reception, pipes, plumbing, conduits, electrical rooms, security or recreational facilities; all these will have to undergo major repairs and replacement at some point. When you buy a condominium unit, you are also committing to contribute a share of the funds necessary to keep those common element assets in safe and working shape. This includes not only their current operation and upkeep, but also the cost of their future repair and replacement. That can amount to a

significant portion of your monthly fees, perhaps even the majority, particularly where governing boards of the condominium corporations have sought to delay the cost of fund accumulation disproportionately onto future owners. While your share of that obligation as an owner is limited, the total dollar figure it could represent has no limit. The forecasting of those major projects and the accumulation of the funds necessary to finance them are essential to the long-term viability of the condominium, and to ensuring that the burden of those projected costs is spread as evenly as possible over time. Pertaining to the documents received, the package is called a “Disclosure Statement,” and there is much more than the Status Certificate. There is the Declaration, and all the attachments, such as Bylaws and Rules. Most packages are in the 60- to 80-page range. There is so much information, that you really need to consider retaining someone to review it all, so you at least get the highlights. You need to read them yourself as well. On our website, schwarzlaw.ca, there are many articles dealing with the various parts of the Disclosure Statement. Jayson Schwarz, LLM, is managing partner, and Greg Dubecky, JD, is senior real estate associate at Schwarz Law Partners LLP. schwarzlaw.ca, info@schwarzlaw.ca.

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BUILDER PROFILE | NORTH YORK

EXPRESS 2 CONNECTED LIVING AT ITS BEST Express 2 is the latest chapter of Malibu Investments’ Wilson-Tippett success story – a story that began 15 years ago when Rony Hirsch, Malibu Investments’ President recognized the potential of the Wilson-Tippett neighbourhood. Then an industrial area along Tippett Road, the potential lay in the proximity to the Wilson Subway Station, one stop north of Yorkdale. “It was a pocket surrounded by houses and a nice community. I thought we could create something there and continue the neighbourhood,” Hirsch 44

condolife magazine | May 21–June 18, 2022

said, in a recent interview with the Toronto Star. Malibu’s first condo project on Wilson Avenue and Tippett Road, Gramercy Park, laid the foundation for the future of Tippett Road. Following its success, Hirsch launched two more condos, Southside and Express, and sealed its transformative presence. With the launch of Express 2, the team is once again offering homebuyers a chance to be part of a growing neighbourhood. “Connected” is a defining aspect of Express 2. The condominium’s easy

access to transit and Hwys. 401, 400, 404 and 407 make it highly desirable. It’s just a two-minute walk to the south entrance of the Wilson subway station. Whether it’s work, school, shopping, recreation… everything is an easy subway ride or a quick drive from Express 2. Yorkdale is a five-minute subway ride, Centennial Downsview Campus, seven minutes, York U, 11 minutes, to mention a few. The convenience of travel to employment and educational opportunities makes it a big draw for professionals and students alike.

TRANSIT SCORE 100: • TWO-MIN WALK: WILSON SUBWAY STATION • GO TRANSIT • YORKDALE TERMINAL: ONE SUBWAY STOP

Created by RAW Design Inc., Express 2’s modern architecture complements its sister building Express. With two towers, 13 and 16 storeys, joined by a six-storey podium overlooking a private landscaped courtyard, Express 2 offers a greater sense of connectedness to the surrounding community, something 40-storey highrises seldom do. The Wilson-Tippett nieghbourhood is just south of a growing part of the city. The Downsview Lands and Allen District will be transformed with residential projects, more parks, offices and shopping. Express 2 is also close to the shopping mecca of Yorkdale Mall, SmartCentres, first-class dining and recreational facilities. All of which add to its desirability and livability. It is no secret how important greenspace is to a community and Express 2 offers the perfect balance of activity and nature. The new park located just west of Express 2 will feature open lawn space, seating, a workout area, children’s playground and water park. Plus, the nearby Downsview Park and Earl Bales Park ensure residents enjoy the best of all worlds. The world inside Express 2 is all about comfort and easy living. Its thoughtfully designed suites, all with balconies, and carefully composed amenities are made for modern-day life. From the welcoming lobby with its 24-hour concierge, co-working spaces, Sky Lounge, party room, kids’ indoor playroom, a fully equipped fitness centre, bike repair room, pet spa… the amenities at Express 2 will enhance how residents live, work and play. “It’s important to create interesting amenity areas – we want to give people livable spaces,” says Terry Lustig, Malibu Investments’ Development Manager. “We put much thought into what makes a building a community, what residents are looking

Overlooking the private courtyard and new Tippett Park with walkway to Wilson Subway Station.

for and we hope to provide the opportunity to interact and enjoy the lifestyle that our buildings can offer.” The Sky Lounge is one of Express 2’s feature amenities. This beautiful tranquil outdoor space is on the seventh floor and features a spectacular water wall and butterfly meadow. With sun loungers and seating surrounded by lush landscaping, it’s an escape from life’s daily busyness. “We understand how landscaping brings a project to life and that’s an important part of what we’re creating,” says Hirsch. With work from home becoming more prevalent, Express 2 has two Wi-Fi lounges on the seventh floor of both towers overlooking the Sky Lounge. The party room is the perfect place to celebrate with friends and family, plus there is much fun to be had in the adjoining karaoke/ sports lounge. A private dining room with kitchen allows residents to host the perfect dinner party. With a dedicated kids’ indoor playroom, Express 2 considers the needs of its young residents.

SUITES STARTING FROM: the $500,000s SUITE TYPES: JR ONE-BED, ONE-BED, ONE-BED PLUS DEN, TWO-BED, TWO-BED PLUS DEN, THREE-BED

Steps to Wilson subway station, surrounded by a growing community full of opportunities, close to everyday conveniences, higher learning institutions, recreational facilities and parks, Express 2 has it all. Register now at express2condos.ca. WiFi lounge on 7th floor

nexthome.ca 45

BUILDER PROFILE | MIDTOWN

LAMBTON TOWNS PROVIDE DESIRABLE LOWRISE LIVING IN VIBRANT ST. CLAIR WEST Finding new lowrise homes in the city of Toronto can be challenging, but there’s a window of opportunity for buyers looking for this coveted housing form, with Dunpar Homes’ Lambton Towns in the up-and-coming St. Clair West neighbourhood. A selection of beautifully designed units is still available in this collection of 94 back-to-back townhomes at 2650 St. Clair Avenue West. With 46 condolife magazine | May 21–June 18, 2022

1,569-sq.-ft. floorplans boasting three bedrooms, two baths, single-car parking and rooftop decks, there’s plenty of space to raise a family or for couples to work from home. Lambton Towns residents will also reap the benefits of living in a walkable neighbourhood rich in amenities. With Lambton Towns, Dunpar continues its tradition of bringing thoughtfully designed, well-

constructed residences to vibrant communities. As a more affordable option to downtown, many millennials and families are choosing the St. Clair West midtown neighbourhood. It offers all the advantages of living in the heart of the city without the hustle and bustle, minutes from downtown. Dunpar President John Zanini has a proven track record of identifying which neighbourhoods are on the

rise and offer a sound investment for home buyers. Over the past 40 years, Zanini has identified just such locations from Mississauga to Oakville, Etobicoke and now St. Clair West. Many that have bought a Dunpar home in one location will seek out another if they move to a different part of the city. They appreciate the quality and design that a Dunpar home offers and want to stay in the Dunpar family. Lambton Towns residents can enjoy the advantages of living in a neighbourhood with an established retail landscape that is being enhanced with new boutique shops, specialty food markets, salons, fitness studios and gyms, restaurants and cafes. Brand name favourites such as Loblaws,

Shoppers Drug Mart, LCBO and Walmart are close by. Parents will appreciate the proximity of elementary and secondary schools, childcare centres and recreation facilities. Being close to nature and the outdoors has become a priority with homeowners since the pandemic, and Lambton Towns provides not only private outdoor rooftop spaces but proximity to a host of parks. The 8.2-km Humber River Recreational Trail is popular for walking, birding, biking and paddle sports. It follows the river and is dotted with benches, small waterfalls and fountains and provides connection to the Lake Ontario Waterfront Trail. Lambton Towns owners will appreciate their homes’ craftsmanship and livable floorplans. Dunpar is as discriminating about its homes’ design and quality as it is about the neighbourhoods it chooses to build

in. Exteriors are modeled on English Georgian Manors, utilizing genuine Custom Natural Indiana Limestone features and planter boxes crafted with ledger rock Kingston Hue Stone. For more than 40 years, Dunpar Homes has been building superbly designed and architecturally unique homes and communities across the GTA. It has established a reputation as a premier builder specializing in luxury townhomes. It has demonstrated its ability to adapt to the evolving industry by offering homebuyers comprehensive virtual tools to help them achieve their ownership goals. And, Dunpar works with its purchasers to create a deposit structure that can work for them. For more information on Lambton Towns or other Dunpar developments, visit dunparhomes.com. nexthome.ca 47

ADVICE | REAL INSIGHT

CONDOS TO REMAIN AN ESSENTIAL SOURCE OF HOUSING

KEvIN CRIGGER

Demand for condo apartments remained strong in the first quarter of 2022 and average selling prices continued to grow. The price to buy a condo is up more than 20 per cent when compared to the first quarter last year. Although condo sales were down in the first three months of 2022, historically speaking, sales were still strong. Greater Toronto Area (GTA) realtors reported almost 8,000 sales on TRREB’s MLS system. Many first-time buyers see condos as an affordable entry point into homeownership. At the other end of the spectrum, condos provide a luxury alternative or an option for those looking to size down, 48 condolife magazine | May 21–June 18, 2022

while investor-owned condos are an important source of rental supply. As we move into a higher interest rate environment, condo apartments, with their lower price point on average, will likely remain a top choice for first-time buyers actively searching for a home. When it comes to new condo listings, they have been flat to down. This means that competition between buyers remained tight enough to support doubledigit annual average prices. Meanwhile, the GTA population is expected to grow at record or near-record levels over the next few years, based on immigration. This growth will be supported by job opportunities across diverse economic sectors. All these new households will require a place to live. So, what does this mean for condos? They are an essential source of housing, both for people

looking to purchase a home and for those looking to rent, and this will continue to support demand. If you’re interested in digging deeper in the condo market, you can stay up to date with our monthly Market Watch. We break down prices, sales, and new listings each month with an easy to glance report. Visit trreb.ca to explore the latest look into the housing market. Plus, connect with a TRREB member realtor and search listings in real time on any device. Kevin Crigger, TRREB President and realtor, is a long-standing and active member at the Toronto Regional Real Estate Board. He has served all levels of the real estate industry, as well as local charities and educational institutions.

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ADVICE | REAL ESTATE PRO

SPRING INTO ACTION FOR A NEW RESIDENCE THIS SEASON

BARBARA LAWLOR

I have said it before, but it bears repeating: When it comes to shopping for a home or condo, buy new, and buy sooner rather than later. Buying new or preconstruction means you enjoy a multitude of advantages, such as coverage by Ontario’s Tarion Warranty Corp. (tarion.com). The one-, two- and sevenyear coverages protect buyers, depending on the type of defect. Tarion regulates home builders by administering the Ontario New Home Warranties Plan Act. In addition, new homes and condos today have to be constructed according to the standards set out by the Ontario Building Code, so you get the most advanced residence with regard to quality and energy savings. Just think of the money you would likely have to spend to bring a resale home up to these standards. Then have a look at location, which is at the top of most buyers’ must-have lists. Nowadays, newhome builders and developers are selecting properties that are close to amenities and are near to, or even on, public transportation routes. As we emerge from the pandemic and people return to their workplaces, this adds to the appeal of buying new. Buying new also means you reap the benefits of the very latest in architecture and design. On the outside, developers create beautiful facades that may evoke the character of traditional, contemporary, modern

50 condolife magazine | May 21–June 18, 2022

or even avant-garde. And inside, today’s designers make clever use of space, so even the most compact residences “live” larger than their square footage. You can select the home or condo that speaks to your aesthetic sensibility. Of course, buying preconstruction also means you get to choose the colours, features and finishes that satisfy that same sense of aesthetics, as well as the functionality, you require. Your choices truly transform your house or condo suite into your home. Even today’s standard features are more elegant and well made than they were a decade or two ago. Buying pre-construction also typically means you have a few years before occupancy to save toward your down payment. Buyers tend to make use of this period to evaluate what possessions they will take with them and what they might need to purchase. As a bonus, buyers are likely to earn equity even before taking possession. This is an important point, whether you buy purely as an investment or you intend to move in. Either way, owning real estate is a terrific addition to your portfolio. Also, consider the feeling of walking into a brand-new home or condo suite as a big attraction. Like sitting in a new car, you can breathe in that “never-been-used” smell of pristine, freshly painted surroundings. Despite the naysayers who love to predict doom and gloom, the new home and condo market across Toronto and the Greater Toronto Area is strong and steady. This is why I suggest purchasing sooner rather than later. Just look at how properties have increased in value over the years. With immigration

Celeste

numbers on the rise, demand is sure to grow as well. If you have a new residence in mind, don’t wait – spring into action this spring. Barbara Lawlor is CEO of Baker Real Estate Inc. A member of the Baker team since 1993, she oversees the marketing and sales of new home and condominium developments in the GTA, Vancouver, Calgary and Montreal, and internationally in Shanghai. baker-re.com

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INSPIRATION |

decor

ALL-WHITE KITCHENS

THE CLEAN, CLASSIC LOOK IS ALWAYS IN STYLE by LINDA MAZUR Browsing through any design magazine, you’ll see an abundance of wonderfully colourful kitchens. From rich deep blues and greens to warm toned woods and even fun-filled pastels. So, does this mean that white kitchens are no longer popular? On the contrary. White kitchens are a classic. Therefore, whichever way the current trends lead us, white kitchens are still a much sought-after mainstay. The bright, fresh look and feel of white kitchen cabinetry never really loses its appeal, and for many is the goal for their kitchen renovation.

52 condolife magazine | May 21–June 18, 2022

Kitchens are the heart of the home, and therefore should reflect your own personal style and way of living. White cabinets are timeless – there’s just no arguing that. They are an easy commitment that will offer you a lot of flexibility when it comes to the final aesthetics of your kitchen. However, moving beyond an all-white kitchen can open you up to a world of finishes, colours and inspirations that can see some of the current kitchen trends introduced into your space. Whether you add some dimension to your kitchen

with a patterned backsplash, an impactful floor tile, touches of coloured cabinetry or mixed metals and hardware, there are a multitude of ways to punctuate the simple allwhite kitchen. Another way to change up the allwhite vibe of your space is by using different shades for your cabinetry. There’s an almost infinite number of tones and shades of white, and moving to a warmer, earthier white can make all the difference in your kitchen. It could be the way to go for a more traditionally inspired space,

compared to a starker white which lends itself well to a contemporary style influence. As shown in the accompanying images, by using a much warmer white for one of our kitchen’s designs and punching it up with a great charcoalcoloured floor tile, we have added a bit of a modern feel to a more traditional setting. In contrast, a stark white kitchen with warm wood accents conveys a more modern space. Personally, I love the look of white mixed with wood accents. White oak has been increasing in popularity as a wood finish, and it pairs perfectly with white to create a great look that satisfies so many different styles and settings. You can easily introduce a wood feature in your kitchen with floating wood shelves, an island, countertop, wood inlay tiles for your backsplash, hardware or something as simple as barstools. Whichever way best suits your desires, you’re sure to see the end result is fantastic and feels much warmer and more inviting than an all-white kitchen. Today the movement is more towards a streamlined look that highlights simplicity, functionality and minimalism. Though the white-

on-white kitchen has waned in popularity, white cabinetry has not, and will always be timeless. Instead of dreaming of an all-white kitchen, think about shaking it up a little with the addition of colour appliances, a fun backsplash, wood accents or a punchy floor. When looking for inspiration for your kitchen renovation, look to see how you can introduce a mix of colours, textures and finishes that will create for you a kitchen space that keeps you moving forward trend-wise while still giving you the white kitchen you desire.

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 53

INSPIRATION |

big style

6 INTERIOR DESIGN

MISTAKES YOU SHOULD AVOID by LISA ROGERS

When it comes to interior design, there aren’t any rules, per se, but there are a few suggestions that homeowners can take into account when designing or redesigning their homes. Interestingly, when we’re online, we’re bombarded with many trends and “must-have” decor that we’re being told to try in our spaces. Yet, we’re rarely given as much intel on what design, decor and decorations to avoid in return. Design errors can be expensive, so I’ve broken down some of the most common design mistakes I’ve seen (or heard of) in my career, and how you can avoid them in your interior designs. 54 condolife magazine | May 21–June 18, 2022

ALWAYS MEASURE A ROOM

This is a cardinal rule, because it forces us not to make design decisions too spontaneously (such as buying furniture that is either too big or small for a room). Before making a purchase, I implore you to gather the dimensions of each piece first. Never rely on your eye to measure a space (it seldom works). Measure every nook and cranny in a room, and map out your area (patiently) before committing to anything. TOO MUCH FURNITURE

Just having the space does not mean you need to fill it up with furniture.

It makes a room feel cluttered, but it can be impractical, too. Filling a room with an overabundance of furniture, as well as accessories, can make the space feel much smaller and less functional. Easy tip: Take stock of a room you use most often in your home – such as a living room – and question which pieces you use and those that don’t serve a purpose beyond aesthetic appeal. Sell or donate any pieces that seem redundant. You want the space to be comfortable and spacious, and that requires, well, space. Too much furniture has the opposite effect. CHOOSING THE WRONG RUG SIZE

I love the transformational nature of rugs. They can create interest and beauty, and there are so many price points available that you can find the right price for you. It can be tricky knowing the right size of rug for your space. There are some general failsafe rules I’ve followed for years, and it’s this: Living rooms almost always need a carpet that’s either eight by 10 ft. or nine by 12. Anything smaller looks awkward and out of place. A rug should be big enough to fit (at least) two chairs or couch legs on it. Alternatively, you can go smaller in functional spaces, such as a kitchen, providing it serves the right purpose.

A small rug under bar stools creates a more inviting space to sit. NEVER FORGET LIGHTING

It’s surprising how little homeowners invest in thinking about lighting, and it’s one of the essential functions in a space, providing ambiance and overall comfort. My advice? Don’t opt for a singular light in one room and think you’re done – it’s jarring when light is washed over you from overhead. It’s unflattering and can give the feel of an interrogation room at times. Instead, try to layer your lighting. This means you decide on your central lighting – for your kitchen worktops, mirrors in your bathrooms, or light above your dining table. Then the idea is that you build around that with smaller lighting options, which sets the right vibe and creates ambiance. The possibilities are endless – table lamps, string lights, small pendants, anything that will highlight the areas in the room that may require some warmth. And never forget candles. They’re the most affordable and romantic way to set the mood. TAKE TRENDS LESS SERIOUSLY

We’re bombarded online and via social platforms with season after season of design and decor trends such as palm prints and wicker furniture. It’s easy to get caught up in the fray, and incorporate some of

those fun and unique looks into our own homes. Remember – trends are fleeting, and you don’t want to drain your budget with items that won’t stand the test of time. Never make a design decision flippantly. I always tell people that they need to live in their space before making big purchasing decisions, whether it’s a couch, bed or dining room table. You need to exist in your space to get a sense of how you live in it, and then you can decide what pieces fit your lifestyle and design aesthetic the best. If you still feel the pull of a trend like the most recent rattan craze, try it out in home furnishings. I love a rattan lighting fixture mixed in with a more modern, minimalist design. INVEST IN QUALITY FURNITURE

One important rule to remember – quality outweighs quantity. While it’s a challenge to live with less furniture, investing in high-quality pieces means they could potentially last a lifetime and, more significantly, they won’t go out of style. Take your time and shop with a critical eye. Buy the highest quality you can afford, and if you can’t at that exact moment, create a budget plan that means you can for the future. It may take six months to get that beautiful, oversized velvet couch you’ve been eyeing, but it’s surely worth the wait once you have it.

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 55

CONDO PROFILES

Bristol Place

developer: style: size: features:

Brampton

SOLMAR DEVELOPMENT CORP.

Highrise Starting from 432 sq. ft. • Two 48 storey towers on a podium within a landscaped courtyard • 1 bed, 1 bed + den, 2 bed, 3 bed • Steps to Go, VIA Rail, and ZUM rapid transit • Surrounded by shopping, dining, arts and culture • Party room, gym, yoga, lounge, outdoor BBQ & dining area, work stations and more contact: solmar.ca location: 199 Main St N, Brampton, ON L6X 1N2

Central Park

developer: style: size: prices from: features:

North York

AMEXON DEVELOPMENT CORPORATION

Highrise – 12-acre, master-planned community 436 - 1,200 sq. ft. from the $600,000s • 1 Bed, 1 Bed+Den, 2 Bed, 2 Bed+Den, 3 Bed+Den • spacious layouts, terraces/balconies • Located in the Bayview Village neighbourhood • Leslie subway station and GO Transit at your door • Direct access to the East Don Parkland ravine • Central Park Common – a three-acre urban park offering year-round, outdoor event programming • 55,000 sq. ft. of resort-style amenities including coworking space, skating rink, indoor and outdoor saltwater pools, privately operated childrens’ daycare, EV charging stations in all parking areas contact: centralparktoronto.com • (416) 252-3000 location: 1200 Sheppard Avenue East

56 condolife magazine | May 21–June 18, 2022

Gallery Towers

developer: style: size: prices from: features:

Markham

THE REMINGTON GROUP

Highrise 515 to 1,688 sq. ft. From the $600’s • 9 Ft 10ft and 11ft ceilings • The towers offer exceptional 1, 2 and 3 bedroom residences with den options and spacious terraces with 2 storey towns • Outdoor fitness studio, outdoor dog walk, dog wash station, games room and wet bar, canopied dining with bbq areas and lounge seating • Indoor amenities games lounge, dining and party room, state of the are fitness and more contact: downtownmarkham.ca location: Warden + Enterprise

Branthaven

developer: style: features: prices from: features:

Oakville

Branthaven

Highrise • 20 Storeys, 349 Suites ranging from 460 – 1455 SF $700,000’s • Fully furnished indoor and outdoor amenities by II BY IV DESIGN. • 2-storey height lobby, Social & Dining Lounge, Private Meeting/Dining Room, Media Lounge, Co-work Space, Fitness, Yoga & Movement Studio. • Rooftop Terrace, Entertainment Kitchen and Indoor Lounge. • BH Home TechnologyTM, a Smart Home solution providing integrated building / home access and control system. • Pet Wash Station with convenient indoor/outdoor access • Indoor Bicycle storage. contact: Branthaven.com location: 2340 William Coltson Avenue, Oakville

CONDO PROFILES

Highland Commons

developer: style: size: prices from: features:

Toronto

Tridel

Toronto

ALTREE DEVELOPMENTS

2 mid-rise buildings, 539 units 284 sq. ft. studios to 1,159 sq. ft. 3 bedroom From the $300’s • Steps to the Shops of Highland Creek and surrounded by nature • Curated amenities include basketball court, squash court, 2-level fitness facility, outdoor pool and coworking spaces • Enjoy the outdoor life-sized chess board, BBQ area, dining and planting areas • Complemented by party rooms, kid’s centre, guest suites, and large parcel room contact: thehighlandcommons.com location: 1625 Military Trail

developer: style: size: prices from: features:

TRIDEL

Midrise 1200 – 1500 sq. ft. $1,675,000 • Immediate Occupancy • South Facing Views • Private outdoor spaces • Convenient location • Lifestyle Amenities – Rooftop Pool, Fitness Centre, Party Room, Smart Home technologies contact: Tridel.com location: Dupont and Howland

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HOT PROPERTIES | GREATER TORONTO AREA

9 8 62 58 63 17

64 18

41 16

39 47

51 25 38

2 3 5 11 13 15

58 condolife magazine | May 21–June 18, 2022

7 6

44 29 30 40 57 56 50 54 35 43 46 34 23 54 52 45 26 49 28 53 33 31 32 24

20 22

61 37

MAPS

CARTOGRAPHY: MARKETMAPS.COM

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

nexthome.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

map 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30. 31. 32. 33. 34. 35. 36. 37. 38. 39. 40. 41. 42. 43. 44. 45. 46. 47. 48. 49. 50. 51. 52. 53. 54. 55. 56. 57. 58. 59. 60. 61. 62. 63. 64. 65. 66.

location

site

type

address

contact

Etobicoke..............................Mirabella ........................................................... HR ......................... 1926 Lake Shore Blvd. W. ..............................................mirabellacondos.ca Etobicoke..............................Westerly ............................................................ HR ......................... Islington & Dundas............................................................................tridel.com Etobicoke..............................Reina .................................................................. HR ......................... Royal York & The Queensway ..........................................reinacondos.com Etobicoke..............................Humberwood Heights ........................... CTH/FTH ................... 50 Humberwood Blvd. .......................................tributecommunities.com Etobicoke..............................Cypress at Pinnacle Etobicoke ................... HR ......................... 5475 Dundas St. W. ................................................pinnacleinternational.ca Etobicoke..............................Verge ................................................................. MR ......................... Islington & The Queensway ........................................... vergecondos.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 Markham...............................Canvas on the Rouge.................................... MR ......................... Donald Cousens Pkwy & Ninth Line ................................. flatogroup.com Markham...............................Gallery Towers at Downtown Markahm .. HR ......................... 162 Enterprise Blvd. .................................................downtownmarkham.ca Mississauga ..........................Perla Towers and Amber at Pinnacle Uptown HR ......................... 5044 Hurontario St. ..............................................pinnacleinternational.ca Mississauga ..........................Oro, at Edge Towers ..................................... HR ......................... 24 Elm Dr.W..........................................................................................solmar.ca Mississauga ..........................Artform Condos.............................................. MR ......................... 86 Dundas St. E. ............................ artformbyemblemdevelopments.com Mississauga ..........................Gemma at Pinnacle Uptown....................... HR ......................... 5044 Hurontario St. .................................................... pinnacleuptown.com North York ............................Express 2........................................................... MR ......................... Tippett Rd./Wilson subway............................................express2condos.ca North York ............................M2M ................................................................... MR ......................... Yonge & Finch ..................................................................... m2mcondos.com North York ............................The DIamond .................................................. HR ......................... 5336 Yonge St.................................diamond.diamantedevelopment.com Oshawa .................................U.C. Condos..................................................... HR ......................... Simcoe St. N. & Winchester Rd. W. ....................tributecommunities.com Scarborough ........................Pinnnacle Toronto East ............................... HR ......................... 3260 Sheppard Ave. E. .........................................pinnacleinternational.ca Scarborough ........................FourMe .............................................................. HR ........................ Markham Rd. & Ellesmere ............................................fourmecondos.com Scarborough ........................Highland Commons ...................................... MR ......................... 1625 Military Trail..............................................thehighlandcommons.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 .................................Lawrence Hill Urban Towns .......................CTH........................ Don Mills & Lawrence ................................. lawrencehillurbantowns.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 .................................The PJ Condos ............................................... HR ......................... 283 Adelaide St. W..................................................pinnacleinternational.ca 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 ..................................................... burkebyconcert.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. ...................................................... foresthillresidences.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 Toronto .................................The Georgian .................................................. MR ......................... Gerrard & Parliament.......................................................................stafford.ca Toronto .................................The Dupont ..................................................... MR ......................... Dupont & Ossington.........................................................................tridel.com Toronto .................................Bianca Condos................................................ MR ......................... 420 Dupont St ....................................................................................tridel.com Toronto .................................225 Jarvis Street Condos ............................ HR ......................... Dundas St. East & Jarvis ............................................................amexon.com Toronto .................................LeftBank ............................................................ HR ......................... River St. & Dundas St. East..................................................... broccolini.com Toronto .................................The Residences of Central Park ................. HR ......................... Sheppard Ave. East & Leslie ................................. centralparktoronto.com Toronto .................................The Dawes ....................................................... HR ......................... Danforth & Main St. ..................................................................thedawes.com Toronto .................................Queen Church Condos ................................ HR ......................... 60 Queen St. East. .............................................................queenchurch.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 Vaughan ................................SXSW Condos .................................................. HR ......................... Islington & Steeles..........................................................primonthomes.com

Maps

Locate properties using the map on the previous page

60 condolife magazine | May 21–June 18, 2022

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

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sP L a kef ield Rd

Kenedon Dr

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Selwyn Rd

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atha

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Paud n Mai St

Rid Oak

i th L

d ge R y Rid Vi m

do Mea

d wR

St W

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Av arch Mon

CARTOGRAPHY: MARKETMAPS.COM

Ontar i o St

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Cam

Bewdley

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Oshawa e Rd selin nline Tow

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d hts R

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nexthome.ca 61

HOT PROPERTIES | SOUTHWESTERN ONTARIO AREA

KITCHENER–WATERLOO

Guelph

Waterloo

Milton

Kitchener

Cambridge

Brantford

Hamilto n 11

14 1 12

LONDON

London

62 condolife magazine | May 21–June 18, 2022

2 3

Mississauga

20 18

Oakville 19

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

Burlington

23 10

St Catharines22

Niagara Falls

Welland

CARTOGRAPHY: MARKETMAPS.COM

nexthome.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

site

type

address

contact

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

Brampton..............................DUO Condos ................................................... HR ......................... Malta Ave. & Steeles Ave. .........................................................duocondos.ca

Brampton..............................Bristol Place ..................................................... HR ......................... 199 Main St. North..............................................................................solmar.ca

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

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

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

Burlington ............................Gallery Condos & Lofts ................................ HR ......................... Brant St. & James St. .............................................gallerycondominiums.ca

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

Fonthill ..................................One Fonthill Condominium Collection .. MR ......................... Rice Rd .......................................................................onefonthillcondos.com

10.

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

11.

Grimsby.................................Century Condos ............................................ HR ......................... Main St. East & Baker St. South....................................desantishomes.com

12.

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

13.

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

14.

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

15.

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

16.

Niagara Region ...................Lusso Urban Towns ......................................CTH........................ Martindale Rd. & Grapeview Dr. .............................. lucchettahomes.com

17.

Oakville .................................The Greenwich Condos at Oakvillage ..... MR ......................... Trafalgar Rd. & Dundas.........................................................branthaven.com

18.

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

19.

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

20.

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

21.

Oakville .................................Greenwich Condos at Oakvilage............... HR ......................... Trafalgar Rd. & Dundas St. ...................................................branthaven.com

22.

St. Catharines.......................St. Kitt Urban Towns .....................................CTH........................ Oakdale Avenue & Merritt Street ......................... st.kittsurbantowns.com

23.

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

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64 condolife magazine | May 21–June 18, 2022

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

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Queen Church - Bazis / Tridel ...........................................9, 57 Reno & Decor ............................................................................ 6 7 BUILDERS

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Branthaven ........................................................................ 4 ,5, 56 Pratt Homes ................................................................................. 2 Remington Group ...............................................................11, 56 Solmar .....................................................................................3, 56 Tridel ........................................................................................9, 57

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ADVICE | WESTERN VIEW

FEWER LOCKS, MORE DOORS CANDIDATES MUST ADDRESS HOUSING CRISIS FOR TODAY AND TOMORROW

MIKE COLLINS-WILLIAMS

One-and-a-half million. Read that again. One-and-a-half-million. That’s how many homes need to be built over the next decade, just to keep up with Ontario’s expected population growth. At our current rate, we are simply not building enough to keep up with that demand. “We must dramatically increase housing supply and variety, to ensure everyone has a fair shot at attaining a home that works for their needs,” says Bob Schickedanz, president of the Ontario Home Builders’ Association. “Now is the time for political parties to commit to fixing the endless process, regulation and restrictions that have made it impossible to build more homes at the rate we need.” The numbers are staggering – and not just home prices. Ontario’s Ministry of Finance projects the population will grow by 2.27 million

66 condolife magazine | May 21–June 18, 2022

people over the next decade, leading to approximately 910,000 net new households, primarily couples planning on having children. Of those households, it’s estimated that 195,000 of them will live in highrise units, while the rest will live in all other home types, at a time when Canada has the lowest amount of housing per population of any G7 country. Those are needs for 10 years from now, but if we look a decade back, the average price of a home in 2011 was $329,000. Today, you have to reverse the “9” and the “3” for an average 2022 price of $923,000. That’s a 180-per-cent price jump, while the average income has increased by only about 38 per cent. One can only imagine what it will be in another 10 years if we don’t build more housing, starting right now. “We won’t be able to regulate or tax our way out of this shortage; we’ll only be able to build out of it,” Schickedanz says. And he means not just detached homes for single families; it’s townhouses, duplexes and triplexes, so that we have the right mix of homeownership. Building more homes for the future will mean voting and governing to change red tape laws today, particularly around zoning regulations. For example, in medium-sized cities such as Hamilton and Burlington, a huge percentage of land has zoning restrictions limiting housing options to only singledetached homes. Combine those zoning rules, the average price

increase gaps between homes and wages, and it’s no surprise that between July 2019 and July 2020, 60,000 people left Toronto and Peel Region for other parts of the province, driving to qualify for family-friendly housing that met their needs. Now prices have increased in those areas outside of the GTA, as well, and with demand only growing, all parties need to have housing as their top priority. “If you go back five years, about 100,000 people have left the Greater Golden Horseshoe to find homes elsewhere, and here is where the housing crisis affects everyone,” Schickedanz says. “Migration like that affects everything – employment, labour availability, the buying power of locals who are pushed out of the market.” The OHBA says the provincial election campaign marks a critical point in the crisis. All parties must show not only how they will increase supply to get those million homes built, but also that it is the right mix of housing, which will require addressing those outdated red tape regulations. Otherwise, Schickedanz says, the numbers may be much, much more difficult to digest 10 years from now. Mike Collins-Williams, RPP, MCIP, is CEO West End Home Builders’ Association. westendhba.ca.

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