NextHome GTA, September 14, 2019

Greater Toronto Area Sept. 14–28, 2019

The first and only complete guide to pre-construction homes and condos

THE FU T U R E I S D OWNTOWN E A S T

INSIDE:

SCANDINAVIAN URBAN DESIGN IS CREATIVE AND BOLD

WILL YOUR NEW CONDO BE THE RIGHT ‘FIT’?

Renderings are Artist’s Concept. E&O.E.

Connected living, steps from Vaughan Metropolitan Centre Subway Station

Be moved.

Introducing Mobilio, a new neighbourhood in Vaughan Metropolitan Centre offering condominium and townhome residences. With easy access to major highways and walking distance to the subway, Mobilio is convenience and community redefined.

Inspired by Italian design, today’s urban professionals and families will enjoy living steps from transit options, exciting shops and restaurants, a busy commercial district, and beautiful parks. Live, work and play in the heart of a growing, master-planned community by acclaimed developer, Menkes.

AS THE PREMIER BUILDER OF MIXED-USE COMMUNITIES IN THE GREATER TORONTO AREA, MENKES DELIVERS OUTSTANDING QUALITY AND LASTING VALUE.

NOW PREVIEWING

CONDOMINIUMS & TOWNS | LEARN MORE AT MENKES.COM/MOBILIO

COMING THIS FALL TO BRANTFORD

TOWNS & SINGLES

300’s

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from the HIGH

MINUTES WEST OF HAMILTON • REGISTER NOW BEAMSVILLE | BRANTFORD | CALEDONIA | HAMILTON | PARIS

LosaniHomes.com Prices and specifications subject to change without notice. E.&O.E.

N PE O W O N

Brilliantly Bloor Steps away from Jane Station, the Bijou dazzles brilliantly above the charming shops of Bloor West Village, perfectly embodying the intersection of sleek design and old world opulence.

With large suites, stunning interiors, private terraces, and an array of exceptional amenities to elevate your day-to-day, at the Bijou, there truly is no place like home.

Presentation centre now open at 2450 Bloor Street West.

PUREPLAZA.COM Rendering is an artist’s impression. Certain design elements are subject to change without notice. All rights reserved. E.&O.E. February 2019.

Live. Eat. Shop.

Work. Play.

Tridel introduces Condominium Living at The Well — a bold reflection of Toronto’s energy and diversity, and an extension of vibrant King West. This astounding development includes condominiums, retail, offices, and rentals at Front and Spadina.

VISIT THE PRESENTATION CENTRE AT 4800 DUFFERIN STREET. TRIDEL.COM

©2019 Tridel is a registered Trademark of Tridel Corporation. Project names and logos are Trademarks of their respective owners. All rights reserved. Illustrations are artist’s concept only. E.&O.E.

CONTRIBUTORS

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

chief revenue officer

Jacky Hill jacky.hill@nexthome.ca eDiTor-in-chief

Susan Legge susan.legge@nexthome.ca ArT DirecTor

stat chat | ben Myers Ben Myers is President of Bullpen Research & Consulting. Ben provides pricing recommendation, product mix, and valuation studies on new residential housing developments for builders, lenders and property owners. www.bullpenconsutling.ca

Tammy Leung conTribuTing eDiTors

Sara Duck Marlene Eisner Amanda Pereira senior meDiA consulTAnTs

Jessica Wilson 416.873.1049 jessica.wilson@nexthome.ca

condo pro | barbara laWlor Barbara Lawlor is president and CEO of Baker Real Estate Inc., and an in-demand columnist and speaker. A member of the Baker team since 1993, Barbara oversees the marketing and sale of condo developments in Canada and overseas.

Natalie Chin 416.881.4288 natalie.chin@nexthome.ca sAles & mArkeTing co-orDinATors

Gary Chilvers Sarah Khan distribution

distributionteam@nexthome.ca AccounTing inquiries

legally speaking | Jayson schWarz Jayson Schwarz LL.M. is a Toronto real estate lawyer and partner in the law firm Schwarz Law LLP. He can be reached by visiting schwarzlaw.ca or by email at info@schwarzlaw.ca or phone at 416.486.2040.

accountingteam@nexthome.ca DirecTor of PrinT meDiA

Lauren Reid–Sachs grAPhic Designer & AssisTAnT mAnAger

Alicesa Pullan grAPhic Designer & Pre-Press coorDinATor

Hannah Yarkony grAPhic Designers

tarion report | hoWard bogach Howard Bogach is president and CEO of Tarion Warranty Corp.

For more information about how Tarion helps new-home buyers, visit tarion.com

Sandra Hanak–Vujnovic, Johannah Lorenzo, Mike Terentiev, Kathleen Walker, Alice Wu Published by

nexthome.ca

inspiration | phyllis lui and aleeM kassaM Award-winning, Vancouver-based interior designers Phyllis Lui & Aleem Kassam are the principal designer duo for Kalu Interiors. The firm provides bespoke design services for clientele throughout Canada. kaluinteriors.com

Marketplace | sara duck With more than a decade of experience in the magazine world, Sara Duck brings her passion for writing and expert eye for what’s on trend to our pages.

inspiration | rebecca hay Rebecca Hay is principal designer at Rebecca Hay Designs Inc., known and celebrated for her design work and appearances on various acclaimed HGTV shows. rebeccahaydesigns.com

Advertising call 1.866.532.2588 for rates and information. fax: 1.888.861.5038 Circulation highly targeted, free distribution system aimed at real estate buyers using street level boxes and racking. call 1.866.532.2588 to discuss distribution opportunities.

Copyright Notice 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. contents of this publication, in hard copy format as well as online, are covered by copyright law, and offenders will be prosecuted.

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Editorial submissions from interested parties will be considered. Please submit to the editor at editorial@nexthome.ca.

8 New Home + Condo Guide | Sept. 14–28, 2019

EDITOR’S NOTE

LOCK IN A GREAT RATE

SUSAN LEGGE EDITOR-IN-CHIEF New Home + Condo Guide EMAIL: susan.legge@nexthome.ca TWITTER: @SusanLegge

WANT MORE NEWS IN YOUR INBOX? Sign up for our newsletter to receive the latest highlights by visiting nexthome.ca/subscription.

+ get social

The Greater Toronto Area (GTA) pre-construction market is incredibly active this fall with a number of new launches and groundbreakings occurring weekly.

We’re covering the market in print, online and on social, daily, and as you’ll see in this jam-packed issue, condominiums continue to dominate the market.

Thanks to plunging interest rates over the last year, demand continues to outnumber the supply of more affordable housing, such as condominiums, however, townhomes and well-priced semis and detached homes outside of the city continue to sell quickly, too. One of the many reasons the GTA continues to be a very tight and busy housing market is the incredible selection of mortgage products which offer low mortgage rates.

Remaining at almost record-low levels, these favourable rates, at least for the moment, are sticking. I would advise any savvy homeshopper to lock in now, even if you’re only shopping for a home or condo and not at the buying stage just yet.

That way, all the major paperwork is done, and when it’s time to buy, there’s no hesitation.

As with any major purchase, it is important to do your homework before you venture out to shop. Know what you need and what you want. Visit a lending institution or a mortgage broker to pre-qualify for a mortgage. Know the answer to the following questions beforehand: • What monthly payments would you be comfortable with?

• How much money do you have to put down?

• Will you be using your savings? RRSPs? A government incentive program?

Once you have determined the maximum mortgage you qualify for, be sure to ask how long the financial institution is going to protect your interest rate. If mortgage interest rates drop, your lender should allow the rate of your mortgage to drop as well, and best of all, your rate should stick if there is a rate hike.

Thanks for reading, and happy new-home hunting.

Interact with us on social media: nexthome

10 New Home + Condo Guide | Sept. 14–28, 2019

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MODEL HOMES NOW OPEN! Whitby’s best new home community, Country Lane offers a splendid selection of masterfully designed homes with 10’ and 11’ main floors and 9’ second and lower levels* and loaded with luxury features.

Detached Homes from the $700’s to $1.3 million

heathwood.com *Only applies to 36’ and 45‘ Homes. Some height variations will occur. Prices and specifications are subject to change without notice. E. & O. E. Renderings are artist’s concept.

Sept 14 - 28, 2019 | volume 28, iSSue 17

Contents

24

Cover Story

Broccolini Laying down roots with ‘river & FiFth’ on toronto’s east side

12 New Home + Condo Guide | Sept. 14–28, 2019

30

36 Property Profiles

#CondoCity 14

tarion Will your new condo be the right “fit”?

50 home decor In living colour by rebecca hay

52

Learning to decorate with colour

by howard bogach

30 thirty Six zorra Checking in on a new condominium coming soon to The Queensway

36 galleria on the park A new condo and community that’s active, diverse, and full of amenities and public spaces is coming to Dupont and Dufferin

17

inspiration by phylliS lui and aleem kaSSam

#insidethegta The latest news, numbers, trends and events

by SuSan legge

20 bild report Builders discover creative designs in Denmark and Sweden by dave wilkeS

28

condo pro

In every Issue

8

contributors

54 glossary 55

hot properties gta

59 hot properties Swo

Fall in love with a new condo this fall

63 advertiser index

by barbara lawlor

66 what’s online

34 Stat chat The single-family home market is back! by ben myerS

38

legally Speaking Cannabis and the condo by jaySon Schwarz

#BeyondtheCity 48 market place Go green with these home accessories!

by Sara duck nexthome.ca 13

ADVICE | ADVICE TArIon rEporT

finding the right condo ‘fit’

Please cut title to fit two lines

howard Bogach

Condo living is all about efficient use of space. Retailers like IKEA promote their compact, multifunctional furniture and other space-saving solutions specifically to condo owners who need to figure out how to pack all their essentials into a limited footprint.

If you’re planning the future layout of your condo based solely on the marketing materials however, you might be in for a surprise. There is a chance that the 14 New Home + Condo Guide | Sept. 14–28, 2019

floor space may be a little less than expected.

Dimensions are a common issue, often discovered when you show up with your trusty tape measure to figure out how to get all your furniture into a 600-square -foot unit.

To understand why your small condo might seem even smaller, it’s important to understand how floor space calculation works.

Let’s begin with the fact that builders aren’t required to include the square footage of condo units in their materials. It’s only if they voluntarily choose to include the information in the Agreement of

Purchase and Sale (APS) that they need to follow certain calculation guidelines. In fact, what you may see in the sales materials is a standard clause along the lines of “Actual usable floor space may vary from the stated floor area.”

Tarion’s Builder Bulletin 22 is an educational tool for new homebuilders that lays out the rules for calculating floor space.

When calculating area that meets an exterior wall or corridor wall, the measurement starts from the exterior face of the outside wall.

For walls that separate one unit from another, the measurement …continued on page 58

#InsidetheGTA GTA

PHOTO: JASON TOJEIRO

by SUSAN LEGGE

Shown (left-right) Marlin Spring VP Development Pedro Lopes; CFO Elliot Kazarnovsky; CEO Ben Bakst; local Councillor Frances Nunziata; Greybrook Securities CEO, Sasha Cucuz; Greybrook Realty Partners CEO, Peter Politis.

MARLin SPRinG oFFiCiALLy BREAkS GRounD AT THE SToCkyARDS DiSTRiCT RESiDEnCES, making this quick-selling condominium a record-breaking success. Located at St. Clair Ave. West and Keele St., the project was announced just six months ago and first occupancies are slated for November 2021. A few suites are still available priced from the $400s. Visit the sales centre at 2283 St. Clair Ave. West.

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FINISHING

MEN 42788 Menkes Mobilio Condo Guide Ad Aug31 Issue

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These 3 subway-centric locations will keep you moving

1.

2

3

36 Birch

Nørdic Condos

Mobilio

Fans of Toronto’s Summerhill area take note — an exclusive collection of 27 two-storey townhomes is coming to 36 Birch, a four-minute walk from the subway. The interiors average at 2,400 sq. ft. and are priced from $3.25 million. 36birch.com

Collecdev’s newest condo is steps from Wilson Heights subway station.

Designed using the Scandinavian philosophy of the “friluftsliv”, it embraces “outdoor life in everything we do” with its walkability to amenities.

Menkes is offering townhomes and condominiums in what is becoming the epicentre of Vaughan.

Walk to the new Vaughan Metropolitan Centre TTC subway station and stay connected to it all.

nordiccondos.com

menkes.com

16 New Home + Condo Guide | Sept. 14–28, 2019

Connected living, steps from Vaughan Metropolitan Centre Subway Statio

Mobilio

on

+

DiD you know?

Metrolinx just signed an agreement with Icomera Canada Inc. to connect all 1,475 GO buses and trains to Wi-Fi beginning in 2020.

New book and petition addresses housing crisis Concerned about the rising costs of homeownership in Ontario, real estate professional R. Scott Davie (right) is helping to raise the red flag in a timely book entitled The GTA Affordable Home Ownership Crisis.

“With this in mind, the reason I wrote the book is because I wanted to make a significant difference in solving the GTA affordable homeownership crisis,” says Davie in an interview with New Home + Condo Guide. “I truly believe that the solution begins with the public understanding of why the crisis is so important, what the drivers of the problems are, and the pathways to the specific solutions.”

His goal is to raise 5,000 signatures in support of efforts to find solutions to affordable homeownership in the GTA and submit the petition to all levels of government.

“This is why I undertook this nonprofit information campaign,” says

Davie, who like many Canadians, believes that the majority of the middle class count their home as their largest asset.

“Without public understanding, I do not believe that the government, non-government organizations, and developers will have the ability, or the political will, to make the needed changes,” he said. “As a 30-year veteran realtor and as a father, I am concerned about the next generation’s ability to afford to own their own home in the current environment of rising prices.”

For details, visit Davie’s website at affordablehomeownership.ca

Bank of Canada holds rate at 1.75 % Don’t expect an interest rate cut anytime soon. The Bank of Canada announced last week that it is holding its overnight rate at 1.75 per cent. Economic growth in the second quarter was strong and exceeded the Bank’s July expectation, said a press release from the Bank, although some of this strength is expected to be temporary.

“The Bank noted the rebound in the mortgage and housing market, fueled by the current

low interest rate environment,” says James Laird, co-founder of Ratehub Inc. and president of CanWise Financial mortgage brokerage. “They don’t seem concerned with a possible return to an overheated housing market, since the mortgage stress test encourages manageable household debt levels. This throws some cold water on the prediction that we could see a rate cut as soon as next month,” says Laird.

Buyers flock to Marshall Homes’ Port32

Last month, Marshall Homes launched its latest community, Port32, located in beautiful Bobcaygeon.

With crowds pouring in from both the local area and the GTA, the launch was a huge success, with more than 40 homes selling in a period of eight hours.

Now, only a few townhomes remain in this waterfront location.

From spacious floorplans to beautiful finishes, buyers were drawn to this community from the minute they walked in.

Interested in starting the next chapter of your life?

Visit port32.com

nexthome.ca 17

Explore where connectivity meets comforts in an exciting urban community.

Connected Connected Connected Connected Connected UrbanLiving Living Urban Urban Living Urban Living Urban Living

Register now at TheThornhill.Com or call 416.792.8800

schools, lush parks, transit (Viva Line) and highways.

proximity to shops, The Promenade mall, cafés, restaurants,

within one of Vaughan’s most coveted neighbourhoods in close

of Bathurst Street and Beverley Glen – The Thornhill is located

Set within the established charm of South Thornhill at the corner

community nestled on 3.5 acres of carefully groomed land.

are proud to introduce The Thornhill - a vibrant master-planned

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1 TO 3 BEDROOM SUITES 1 TO 3 BEDROOM SUITES 1 TO 3 BEDROOM SUITES 1 TO 3 BEDROOM SUITES HIGH $SUITES 300 FROM HIGH $ 300 S S 1FROM TOTHE 3 THE BEDROOM FROM 300 SS FROMTHE THEHIGH HIGH$ $ 300 FROM THE HIGH $ 300 SDevelopments Legacy builders The Daniels Corporation and Baif Developments Legacy builders The Daniels Corporation and Baif builders The Daniels Baif Developments Legacy builders The Daniels Corporation and Baif Developments Legacy builders The Daniels Corporation and Baif Developments are proud to introduce TheCorporation Thornhill - aand vibrant master-planned areLegacy proud to introduce The Thornhill - a vibrant master-planned Legacy builders The Daniels Corporation and Baif Developments are proud to introduce The Thornhill a vibrant master-planned are proud to introduce The Thornhill a vibrant master-planned are proud to introduce The Thornhill a vibrant master-planned community nestled onacres 3.5 acres of carefully groomed community nestled on 3.5 of carefully groomed land.land. are proud to introduce The Thornhill a vibrant master-planned community nestled onon 3.53.5 acres of of carefully groomed land. community nestled on 3.5 acres of carefully groomed land. community nestled acres carefully groomed land.

Set within the established ofcarefully South Thornhill the corner Set within the established of South Thornhill at theatcorner community nestled oncharm 3.5 charm acres of groomed land.

Set within the established charm of South Thornhill at the corner thethe established charm ofGlen South Thornhill atlocated the corner Set within established charm South Thornhill at the corner ofwithin Bathurst Street and Beverley – Thornhill The Thornhill is located of Set Bathurst Street and Beverley Glen –of The is withinStreet the established charm of –South Thornhill is at located the corner of Set Bathurst and Beverley Glen The Thornhill of Bathurst Street and Beverley Glen – The Thornhill is of Bathurst Street and Beverley Glen –neighbourhoods The Thornhill is located within one of Vaughan’s most coveted in close within one of Vaughan’s most coveted neighbourhoods in located close of Bathurst Street and Beverley Glen – The Thornhill is located within one of Vaughan’s most coveted neighbourhoods in close within one of Vaughan’s most coveted neighbourhoods in close within one of Vaughan’s most coveted neighbourhoods in close proximity to shops, The Promenade cafés, restaurants, proximity to shops, The Promenade mall,mall, cafés, restaurants, within one of Vaughan’s most coveted neighbourhoods in close proximity to shops, The Promenade mall, cafés, restaurants, proximity shops, The Promenade mall, cafés, restaurants, proximity to shops, The Promenade mall, cafés, restaurants, schools, lush parks, transit (Viva and highways. schools, lushto parks, transit (Viva Line)Line) and highways. proximity toparks, shops, The Promenade mall, cafés, restaurants, schools, lush transit (Viva Line) and highways. schools, lush parks, transit (Viva Line) and highways. schools, lush parks, transit (Viva Line) and highways. schools, lush parks, transit (Viva Line) and highways.

Explore where connectivity Explore where connectivity Explore Explorewhere whereconnectivity connectivity meets comforts in exciting an exciting meets comforts in connectivity an Explore where meets meetscomforts comfortsininananexciting exciting urban community. urban community. meets comforts in an exciting urban urbancommunity. community. urban community.

Register now at TheThornhill.Com 416.792.8800 Register now at TheThornhill.Com or or callcall 416.792.8800 Register Registernow nowatatTheThornhill.Com TheThornhill.Comororcall call416.792.8800 416.792.8800 Register now at TheThornhill.Com or call 416.792.8800

Exclusive Listing: City Life Realty Ltd. Brokerage. Brokers Protected. Illustration of The Thornhill, along with the surrounding buildings and landscape, are artist’s concept, subject to change without notice, and may not be representative of the final product. Pricing, programs, and specifications are subject to change without notice. All brand names, logos, images, text and graphics are the copyright of the owners, Daniels Baif Thornhill Inc. Reproduction in any form, without prior written permission of Daniels Baif Thornhill Inc., is strictly prohibited. See Sales Representative for details. E. & O. E.

ADVICE | bIlD rEport

Sergels Torg (Sergel’s Square) in Stockholm

Denmark and SweDen are creative When it comes to Urban DeSign anD architectUre

dave Wilkes

A few weeks ago I wrote about the lessons learned from BILD’s Housing Tour of Tokyo. Our friends at the Ontario Home Builders’ Association (OHBA) conducted their own housing tour this past spring in Copenhagen, Denmark and Malmö, Sweden with an objective to cross-pollinate innovative ideas in terms of sustainability, urban design and architecture. Here are some of the key learnings from their trip. Don’t 20 New Home + Condo Guide | Sept. 14–28, 2019

be afraid to make mistakes when it comes to innovation. Cities are for people, and be daring and creative when it comes to architecture and infrastructure.

Taking risks must be part of the Nordic DNA as both the public and private sector in Copenhagen and Malmö are quite innovative when it comes to planning and design. Innovation does not occur from doing the same thing repeatedly. The Danes and Swedes are not only unafraid to make planning or design mistakes; they practically welcome them as part of the evolutionary process of city building. When the city of Malmö introduced cycling and pedestrian

focused infrastructure, they didn’t have a debate, they didn’t run a pilot, and they didn’t get bogged down in red tape. They just did it. If it worked, it worked. If not, they’d try something else.

Pioneering urbanists like Jan Gehl have helped lead a 50year transformation of creating cities for people. Gehl believes in sustainable cities in which, through their public spaces, people are invited to have a unique and diverse life. In a visit to New York in 2016, Gehl talked about three main components that would achieve this goal. People should walk more; spend more …continued on page 22

TWO TRUSTED BUILDERS. ONE OUTSTANDING COMMUNITY

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…continued from page 20

time in public spaces and get out of “private cocoons” more.

Now, Copenhagen is the most pedestrian and cycling friendly city in the world. The transformation of the urban landscape was a deliberate result of planning, urban design and architectural decisions where people, rather than cars were put first in every decision.

Infrastructure like stormwater management isn’t very interesting, but the Swedes are changing that.

Stormwater management practices help minimize the impact of rain and snow runoff flowing into lakes and streams. Typically, in the GTA we see hard concrete culverts, sewers, and in newer suburbs, large stormwater management ponds.

An emerging trend in Sweden is a natural green infrastructure through “low impact development” to deal with stormwater runoff. These features were clearly well thought out and incorporated as part of the 22 New Home + Condo Guide | Sept. 14–28, 2019

design, and ultimately presented as a public amenity across newly built communities.

Danes also don’t appear to be afraid of wild and daring design.

Beauty is certainly in the eye of the beholder, and while some of the buildings visited were spectacular, others might be a little too avantgarde for our taste. In Canada, we tend to have a rather conservative appetite for architecture. This is starting to change in Toronto with more developers commissioning international architects and some bright young local firms growing in confidence. Both the private and public sector share in the responsibility to bring confidence and flair to buildings in the GTA. On the public sector side of the equation, an abundance of urban design guidelines are often treated as ‘regulations’ rather than ‘guidelines’ and strict zoning by-laws can literally shrink-wrap a site in terms of very specific set-backs and

heights, thereby limiting creativity.

Many of the most interesting buildings visited would not likely be proposed by a private sector developer here, and even if they were, they would never make it through the approvals process without being completely watered down.

Let’s be bold and take the lead from our Scandinavian friends and bring some innovation, creativity and flair when it comes to architecture and urban design.

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

+more aDVice online nexthome.ca/news/advice

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nexthome.ca 23

Cover Story

Broccolini lays roots in t.o.’s ‘Downtown East’ with rivEr & FiFth Broccolini, the developer behind Montreal’s two tallest residential towers and the construction leader who built forward-thinking spaces such as WeWork, Saks, and 150 and 155 Redpath at Yonge and Eglinton, is launching River & Fifth this fall. Nestled between Corktown and Riverside’s hypercool Queen Street East, the 580-unit residential building brings a new urban sophistication to Toronto’s emerging downtown east neighbourhood.

“The east side of the downtown core is quietly booming. There is so much exciting development underway that will bring significant job and economic growth to the area. Just south of us is East 24 New Home + Condo Guide | Sept. 14–28, 2019

Harbour, a 60-acre master-plan that will bring new office, retail and entertainment to the area, and a new transit hub with subway and GO service. It will feel like a new downtown for the city,” says Michael Broccolini, VP of Development and Finance at Broccolini.

Residents can also enjoy Toronto’s urban lifestyle without leaving the neighbourhood.

The pocket of Queen East that passes through Corktown and Riverside is quickly becoming a cultural and foodie hot spot, with some of the city’s best restaurants and coffee shops, including a new landmark, The Broadview Hotel, which has a popular roof-

top patio. River & Fifth is close to several transit and mobility options including designated bike lanes, providing quick access to Toronto’s financial district, waterfront and Yonge and Bloor.

Rising 37 storeys above the Don Valley and the city’s core, River & Fifth’s eye-catching façade designed by Graziani + Corazza Architects includes an 11-storey podium, creating a midrise neighbourhood feel at ground level.

“River & Fifth is on a very unique site. You are slightly removed from the hustle and bustle of the downtown core, on a quiet street that backs on to the Don River.

Top: Anthony Broccolini (left) COO, and Michael Broccolini (right), VP of Business Development and Finance, at the River & Fifth sales centre preview event.

There is also a significant amount of parkland nearby, including the Don Valley Trails, Leslie Street Spit and Corktown Commons. Parks are invaluable neighbourhood assets, especially for condo living in the city,” says Enzo Corazza, Principal at Graziani + Corazza Architects.

Linking River & Fifth to its natural surroundings, Broccolini will be building a park on the south side of the development and a

pedestrian connection to Bayview Avenue enabling direct access to surrounding trails.

River & Fifth’s interiors reflect nature and city colliding. Lobby and amenity spaces designed by U31 incorporate greenery with feature lighting, marble veining, natural oak finishes and sculptural wood seating.

Designed for Toronto urban living, suite layouts range from

studios to family-sized suites with large terraces and two-toned kitchens with appliances finished in matte black. There is 25,000 sq. ft. of amenity space which includes a kids’ playroom, expansive fitness area with a yoga studio, personal training room and boxing gym, and a cleverly designed coworking space. In the summertime, residents won’t have to go far to recharge. Conceived as the ultimate urban retreat, a 12th floor rooftop amenity space features an Instagram-worthy Baja pool with suntanning deck and cabanas.

“Our approach as residential developers is to help shape urban communities with beautifully detailed, inviting spaces that people will want to use daily.

Because we manage all of our construction in-house, we drill down to the details right from the nexthome.ca 25

start, ensuring our vision for projects can really come to life,” says Anthony Broccolini, Chief Operating Officer.

Broccolini’s expansion into Toronto’s residential market comes on the heels of their recent groundbreaking for Victoria Sur Le Parc and 628 Saint-Jacques, two high-profile mixed-use developments in Montreal’s historic Victoria Square. Working across all asset classes, Broccolini is also nearing the completion of CBC’s new headquarters in Montreal and Amazon’s fulfillment centre in Ottawa. They have also developed and led the 26 New Home + Condo Guide | Sept. 14–28, 2019

construction of several multiresidential projects in Ottawa and Montreal.

“We believe you are only as good as your last project and want to be sure whatever we are doing, we are doing it well and with integrity,” says Anthony Broccolini.

Suites at River & Fifth range from 341 sq. ft. studios to 1401 sq. ft. three-bedroom units and are priced from mid-$400,000’s.

Two level townhomes with three-bedroom designs from 1,100-sq.-ft. to 1,425-sq.-ft. start at $1.2 Million. To register visit: riverandfifth.com

+

Location Toronto DeveLoper Broccolini DeveLopment River & Fifth Home type Highrise condominium contact riverandfifth.com

ADVICE | ConDo pro

FALL IN LOVE wITH a CONDO THIS FaLL BarBara LawLor

Are you a wannabe first-time homebuyer? This fall, take a good look at the new condominiums that are available in Toronto and across the Greater Toronto Area. In addition to being more financially attainable than lowrise homes on the whole, condos offer a great lifestyle that frees up time for you to enjoy leisure activities. The main thing to do is your “homework” so you make the right decision for you. In a nutshell, here are the steps in buying a new condo.

You and your builder sign an Agreement of Purchase and Sale, defining what you are buying and explaining the condominium elements of the residence, the role of the condominium corporation, your portion of the maintenance fees, plus your closing costs, typically about 3 per cent of your purchase price.

Your suite is removed from the market for 10 days for a period called your “right of rescission.”

The Condo Act includes this right to allow you time to consider your purchase carefully with your lawyer and/or family. You can rescind during that 10-day period and receive your deposit back from the developer. If you decide to go ahead, your deposit cheque …continued on page 62 28 New Home + Condo Guide | Sept. 14–28, 2019

PROPERTY PROFILE

Thirty six zorra A new community with top-notch amenities and an A+ location is coming soon The Queensway area of Etobicoke is becoming one of the most vibrant, convenient and commuterfriendly locations to live in Toronto.

Savvy buyers know they can get more bang for their buck, and that means more square footage for less than something comparable downtown. Plus, its close proximity to the downtown core makes the area popular with every type of purchaser.

A new condominium community from Altree Developments and EllisDon Capital is adding to the

excitement of the area with the fall launch of Thirty Six Zorra.

Amenities inside and out

Located between Kipling and Islington Avenues, just minutes from CF Sherway Gardens, one of the most talked about aspects of this new 36-storey condominium is the indoor and outdoor amenity spaces that are planned.

Indoor amenities include a games room, guest suites, a coworking space, a social club, and a party room with a fully equipped

demo kitchen. There will be a full gym, TV lounge, hobby room and a kids’ space, and a convenient pet wash area.

The outdoor amenities of Thirty Six Zorra are equally vast – a luxurious sunlit pool with loungers and cabanas, several fire pits and barbecue dining areas, and even a pet run area are planned.

A+ location

Thirty Six Zorra offers a prime location. For commuters, catch the direct residents-only

shuttlebus to Kipling subway station from the condo, or take the car and be on the QEW, Hwy. 427 or the Gardiner Expressway in minutes. As the revitalization of The Queensway continues, new shops and establishments, including restaurants, theatres, and vital services such as banks and grocery stores, continue to open. The location is also close to Humber Bay Park, and recreation trails and lakeside walking paths can be found throughout the area.

Set to make its debut in Etobicoke this fall, Thirty Six Zorra – a partnership between Altree Developments and EllisDon Capital – offers a sophisticated, modern architecture. Suite sizes range from 440 to 1,306 sq. ft. Be

sure to register and be among the first to preview the community.

About the builders

Founded by third-generation builder Zev Mandelbaum, Altree is a full-service developer committed to creating inspirational residential, commercial, and retail projects with a compelling offering that creates significant value for customers, investors, and stakeholders. For more information on Altree, please visit altreedevelopments.com. EllisDon Capital is a leading developer, investor and asset manager of infrastructure and real estate and has delivered some of the largest and most complex projects in the industry. For information, please visit ellisdon.com/service/capital.

+

Location Etobicoke Developers Altree Developments and EllisDon Capital Development Thitry Six Zorra Home Type Highrise Sales Centre Coming soon Contact www.thirtysixzorra.com

THE ELEPHANTS IN THE ROOM

Now is the time for bold leadership to fix a generational housing and supply challenge that is making home ownership unaffordable.

What are today’s facts?

22%

100k 11

years

231k

What can the future look like?

of the cost of a new home is made up of government fees, taxes and charges.*

Nearly 4 million residents in the GTA will need housing by 2041. The solutions are at our doorstep.****

future GTA housing units are stuck in a log jam at the Local Planning Appeal Tribunal, reducing supply. (LPAT)**

• More supply • More cost certainty • Less red tape

is the average time it now takes to complete a low-rise project in the GTA. in lost person-years in construction jobs as a result of housing shortfalls.***

• More affordable housing options • More jobs

To find out more please visit bildgta.ca/reports * Altus Government Charges and Fees on New Homes in the GTA 2018 ** Steve Clark, Minister of Municipal Affairs and Housing *** Altus Unmet Demand Analysis 2019 **** Statistics Canada

Illustration is artist’s concept. E. & O. E.

Reimagine lakeside living.

Lakeside Residences pairs the serenity of the lake with the excitement of the city, bringing the best of both worlds to one exceptional waterfront community. Experience breathtaking views, contemporary finishes and modern appliances in these beautifully designed suites that capture the essence of lakeside living from every angle.

Visit the Presentation Gallery 493 Davenport Road 416. 968. 9196 LakesideToronto.com

ADVICE | stAt ChAt

It took a While, but the Single-Family market iS Finally Back!

ben Myers

In April of 2017 the market for new single-family housing in the Greater Toronto Area (GTA) went a bit nuts, prices were up 45 per cent year-over-year, and unsold supply dipped below 1,000 units, the lowest level of inventory in over 20 years.

Earlier that year, prices growth had topped 25 per cent annually and investors came out of the woodwork. There hadn’t been investor-buyers of lowrise housing for many years, but they hoped to capitalize on the bubble-like conditions in the market, which sent prices from up 25 per cent annually, to up 45 per cent annually in a few short months.

After seeing this huge jump in prices, the Liberal government introduced a “Fair Housing Plan” intended to cool the market. It did just that, and new lowrise sales ground to a halt.

As a result, 2018 is referred to as “the lost year” for single-family housing as sales were nonexistent. The average unsold new single-family home declined from $1.32 million at the peak to $1.14 million at the end of 2018.

Part of what contributed to the total lack of sales and the price drop was many developer’s conscious strategy of “protecting their closings.” What exactly does that mean? Because so many 34 New Home + Condo Guide | Sept. 14–28, 2019

purchasers bought at the top of the market, there was worry that these purchasers would not be able to secure a mortgage for their new home when construction was finished. Many wouldn’t be able to sell their existing homes for as much as they anticipated, and lenders could conclude that their new home wasn’t worth what they paid, requiring them to make an even bigger down payment. If developer’s launched new phases at lower prices, it would make it just that much easier for lenders to know how far the market had fallen, and further increase the risk of missed closings and future litigation.

This results in a somewhat vicious cycle. No one launches new product, but new launches drive sales. So, no new product, no uptick in sales, and market reports show sales are very low. Because sales are very low, developers are scared to launch, buyers are scared to buy, and nothing happens in the market!

The developers that were opening new single-family sites in 2018 were concentrating on firsttime buyers without an existing home to sell and introducing small product at enticing price points.

This more affordable product reduces the average price in the

market, making it look like prices are slumping, when the reality is the composition of the sample is changing.

It took a year and a half before we finally started to see a recovery in this downward spiral. According to the Altus Group, there were 566 lowrise house sales in July 2019, a 136 per cent increase annually.

When looking at year-to-date figures, sales are more than double last year’s total, up 129 per cent.

Prices are still adjusting, with the average unsold home at $1.09 million, down 4.5 per cent from July of 2018. However, a lot more new product is going to start hitting the market soon, as the need to protect closings no longer exists, because almost all of the 2017 sales have now been completed. We can see this through data from CMHC. The average absorbed singlefamily house price as tracked by CMHC was up 16 per cent annually in Q2-2019. This is a curious result considering the before-mentioned major slump experienced in the

new single-family market in 2018.

However, it is important to note that these CMHC figures track the price at CLOSING, and not when the agreement of purchase and sale is signed, indicating that the market lag is very long between the actual sale and the completion and occupancy of the home.

With single-detached and semi-detached properties taking 12 months to build on average per CMHC, the data suggests that many low-density housing units were spending one to 1.5 years in pre-construction prior to the commencement of the building process.

This is a lot of information to take in if you’re in the market for a new single-detached, semidetached or townhouse. Some of you may be worried that the market is still adjusting, but it is important to note that just because the average price is declining, it doesn’t necessarily mean that demand is slowing, and vice-versa. It appears that the worst of the market slump is over,

and developers have come to accept the new values in the market.

I suggest to all prospective buyers to do a lot of your own research, work with an experienced realtor to walk you through the different sales offices, floorplans, elevations, and merits of the project location.

Look into the track record of the developer as well. There are a lot of opportunities to buy — choose wisely. Good luck.

Ben Myers is President of Bullpen Research & Consulting. Ben provides pricing recommendation, product mix, and valuation studies on new residential housing developments for builders, lenders and property owners. Ben’s firm produces monthly rental housing analysis and publishes a quarterly report on high-rise land values. Visit www.bullpenconsutling.ca or find him on Twitter @benmyers29

+More adVice onlIne nexthome.ca/news/advice

nexthome.ca 35

PROPERTY PROFILE

transforming t.o.

Launch of Galleria on the Park wiLL revitaLize toronto’s west end The Galleria on the Park development is one of the largest communities to be introduced to Toronto this year. Eight mixed-use buildings, encompassing nearly 2,900 condominium residences, 300,000 sq. ft. of retail and 150 affordable rental housing units, an approximately 8-acre park, as well as a 95,000-sq.-ft. brand-new community centre that doubles the size of the current facility.

Located at the corner of Dufferin St. and Dupont St., the master-planned community will transform the 20-acre Galleria Shopping Centre site into a muchneeded vibrant hub in Toronto’s west end. In the much-anticipated 36 New Home + Condo Guide | Sept. 14–28, 2019

launch, ELAD Canada will deliver the expansive Wallace Emerson Community Centre and Park, as well as Galleria 01, a 29-storey mixed-use tower that features condominium residences, and 40,000 sq. ft of commercial space spanning two storeys to support the growing local community.

“Galleria on the Park reflects the Toronto we live in today – a city that is active and diverse, featuring amenities and public spaces that reflect how we want to live,” says Dror Duchovny, Vice-President of Marketing and Asset Management at ELAD Canada.

The introduction of Galleria on the Park is perfectly timed as

the city’s west end shifts from Toronto’s industrial roots. With new artisanal restaurants and cafés cropping up within the Dupont West neighbourhood, along with a fast-growing entrepreneurial energy, and arts and culture scene on Geary Avenue, the neighbourhood is primed for urban renewal.

“Galleria on the Park will be transformational for this neighbourhood’s growth, bringing a downtown lifestyle to this western stretch of Dupont St. On top of creating viable housing options, we are proud to be delivering larger and modernized public amenities and greenspace

that will become the central gathering place for the entire neighbourhood,” says Duchovny.

The project began in 2015 when ELAD Canada and Freed Developments partnered on the Galleria site, unlocking one of the largest untapped development opportunities in Toronto. Over the past four years, the partnership has taken a highly-collaborative, community-centred approach to the site’s reimagination, conducting numerous public engagement sessions to better understand their neighbours’ vision, engage experts and collaborate with stakeholders. The opinions of hundreds of people were included in the final masterplan design by Hariri Pontarini Architects and Urban Strategies.

The new 95,000 sq. ft. Wallace Emerson Community Centre will become one of the largest community centres in Toronto.

Designed by internationally recognized architecture firm Perkins and Will, who also designed the Aaniin Community Centre and Library in Markham

as well as the award-winning Albion Library in Etobicoke, the Wallace Emerson Community Centre will feature a wide range of programming and activities for a multi-generational demographic, including an outdoor skating trail, daycare, community kitchen, a dance studio, swimming pools, and a running track, among others.

A new street will be introduced that runs diagonally through the site connecting Dufferin St. to Dupont St, ensuring maximum public frontage onto the expansive Wallace Emerson Park designed

by Public Work, an urban design and landscape architecture firm behind some of Toronto’s most prolific public spaces, including the Bentway and the Wavedecks.

A fine-grained network of streets and blocks through the site enhance streetscapes, serving multiple uses, including retail, office and recreational.

The amenities and suites, by award-winning design firm U31, bring urban sophistication indoors.

With an emphasis on familyfriendly lifestyles, amenities on the

third floor feature an expansive co-working space that doubles as an events space opening out to a wrap-around outdoor terrace, as well as a kids’ playroom, a screening and games room, and a chef’s kitchen and dining room.

On the 12th floor, residents can enjoy views of the park and the city skyline while lounging by the pool or in the fitness centre.

“We have operated on an unwavering belief in the project’s strong commitment to creating a thriving, vibrant community.

Galleria on the Park is an ambitious project by the community for the community – the public’s vision is truly embedded within our own, creating something truly meaningful for the city,” says Duchovny.

Galleria 01, the first tower of the two-tower building, will feature 267 residences, ranging from 493 sq. ft. to 1,107 sq. ft. Prices start from high-$400s. For more information and to register, please visit galleriaonthepark.com

+

LOcaTIOn Toronto DEvELOPER Elad Canada DEvELOPmEnT Galleria on the Park HOmE TYPE Highrise cOnTacT galleriaonthepark.com

nexthome.ca 37

adViCe adViCe| |leGallY moRtGaGe sPeaKinG intel

UP in SmoKe CaNNaBIS AnD THE CONdO by mArK lAUriolA ll.B. & JAYSon SCHWArZ ll.m.

JAYSon SCHWArZ

So now it’s the end of the day. You lean back in your big chair. You light that big fat doobie you’ve been thinking about all day at work and now you can really chill. Wait!

There is a knock on the door. You get up to answer it and it’s condo security. “I am sorry ma’am, there is a rule, no smoking of cannabis in this building.” Oh my, you own the unit, yet…

The Cannabis Act (the “Act”) came into effect on Oct. 17, 2018.

The purpose of the Act is to strictly regulate, restrict access, and legalize cannabis in Canada.

It creates a regulatory and legal framework for controlling the production, possession, sale and distribution of cannabis in Canada.

However, it is up to the provinces and territories to determine how cannabis is distributed and sold within their jurisdictions.

In Ontario, you must be 19 years of age and older to buy, possess, use, and grow recreational cannabis. You are able to have a maximum of 30 grams of dried cannabis in public at any time and allowed to grow up to four cannabis plants per residence.

The real question is how does this apply to ownership and use of your condominium unit?

Not surprisingly, there are different interests at stake. On the one hand, there are the unit 38 New Home + Condo Guide | Sept. 14–28, 2019

owners and residents who believe it is part of their “quiet enjoyment” to be able to smoke in their units and common areas. On the other hand, there are those who believe smoking would impede on their “quiet enjoyment” insofar as it

creates a nuisance due to secondhand smoke and odours.

There are many safety and other arguments for and against cannabis use. The answer for each condominium board will be based on the democratic choice of the

owners in the building expressed through the Board.

If the owners decide they want a cannabis-free building, the condo corporation has two options. First, the rules may be amended. This is the easier option. Pursuant to Section 58(1) of the Condominium Act, 1998 (“the Condo Act”), the board may make, amend or repeal rules for the use of the units, the common elements or the assets of the corporation.

This is done in two ways.

Subsection 58(1)(a) allows for the promotion of safety, security or welfare of the owners, the property and the assets.

Subsection 58(1)(b) allows for the prevention of unreasonable interference with the use and enjoyment of the units, common elements or the assets.

Reasonableness must prevail according to Subsection 58(2) and one may argue the rules would be consistent with the Condo Act. As per Subsection 58(7), a rule becomes effective 30 days after the board has given notice of the rule to the unit owners.

This is true unless the unit owners requisition a meeting within the 30 days after notice was provided.

Second, the declaration may be amended. Pursuant to Subsection 7(4)(b) of the Condo Act, the declaration may contain conditions or restrictions on the occupation and use of the units and common elements. One may suggest restrictions on recreational cannabis would fall under this provision.

However, this is not easy to achieve. According to Subsection 107(2)(e), the condo corporation may amend the declaration if 80 per cent of unit owners approve and consent to the proposed amendment.

What does this all mean?

Condo corporations have the choice to further regulate the use of recreational cannabis within their units and common elements.

When buying a condo unit, this is something to consider. In the end, if you are a smoker of any kind, you need to really look into whether you can use a unit you buy in the way you want.

Having reviewed Status

Certificates, it is becoming commonplace that rules are being amended to prohibit smoking and cultivating recreational cannabis.

There is normally a medical cannabis exemption. However, not all Status Certificates and condo corporations are the same.

How important this is depends on where you fall in the competing interests spectrum previously mentioned. Always ensure your offer includes the opportunity for your lawyer to review the Status Certificate.

Happy home hunting!!!

Jayson Schwarz and Mark Lauriola are Toronto real estate lawyers in the law firm Schwarz Law LLP. If you have a topic in mind you would like us to consider, mail, deliver or fax letters to the magazine or to the firm, use the website (schwarzlaw.ca), email (info@schwarzlaw.ca) and give us your questions, concerns, critiques and quandaries.

+more adVICE online nexthome.ca/news/advice

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FOCALPOINT

e-NEWS!

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

NEW CONTESTS

Benjamin Moore Paint Contest Enter for your chance to WIN five gallons of premium Benjamin Moore paint and a professional colour fan-deck for you to create your own uniquely colourful decorating experience! Prize value $500 Cdn.

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#Beyond theCity Must-see properties Including… Semi-detached, detached, condominium suites & townhomes

IN THIS SECTION:

BRANTFORD, CALEDONIA, FONTHILL, GRIMSBY, HAMILTON, NIAGARA, OAKVILLE, WELLAND & MORE

PRINT

Your trusted source Did you know…

59

+5

56 54

54

54

54 54

52 53

print

(journalism)

53

53

51

50 51

2012

2013

2014

2015

-2

platforms

2016

2017

2018

Average trust in traditional and online-only media Average trust in search engines and social media platforms

Source: 2018 Edelman Trust Barometer. COM_MCL. When looking for general news and information, how much would you trust each type of source for general news and information? Please use a nine-point scale where one means that you “do not trust it at all” and nine means that you “trust it a great deal.” (Top 4 Box. Trust), question asked of half of the sample. General population, 25-country global total. Journalism is an average of traditional media and online-only media. Platforms is an average of search engines and social media.

Your trusted authority for the latest real estate news and trends

A SOPHISTICATED LIFEST YLE

in fonthill

A JEWEL IN FONTHILL. The first in the One Fonthill Condominium Collection, One Twenty is a stunning showcase of Mountainview’s incredible design choices and trusted building standards.

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LIVE THE LIFE ™ Hotel-inspired Amenities

Your life isn’t standard Your home shouldn’t be Branthaven Homes has always attracted those who want more from their lifestyle, their community and the home-owning experience. As we approach our 50th year we have never wavered from our promise to deliver “The Best Built Home at Any Price.”

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From contemporary condos, chic townhomes, classic singlefamily homes or carefree luxury apartments, Branthaven delivers best-in-class living that elevates your everyday.

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COMING FALL 2019 TO OAKVILLAGE Branthaven is pleased to announce a brand new luxury condominium community is coming this fall to the successful Oakvillage neighbourhood. Upper West Side Condos is perfectly located on Trafalgar Road and Dundas, at the gateway to Upper Oakville and Oakvillage.

Upper West Side Condos will deliver the attainable luxury and designer selected Fresh Thinking™ features you have come to expect from Branthaven.

Register Now | UpperWestSideCondos.ca Branthaven.com Renderings are artist’s concept. Prices, sizes and specifications are subject to change without notice. E.&O.E.

PRINT

It’s diverse Did you know…

95

%

of adults 18–29 read magazines vs. 81% who use Facebook.

People of all ages read magazines — especially younger adults.

Your trusted authority for the latest real estate news and trends Sources: the Magazine Media Factbook 2018 – MPA–The Association of Magazine Media; Pew Research Center Social Media Fact Sheet, Feb 2018; GfK MRI, Fall 2017

INSPIRATION |

market place 1

green From Millennial mint to emerald, there is a green hue to suit you.

2

3

4

48 New Home + Condo Guide | Sept. 14–28, 2019

5

7

1 | 16-piece minimalist dinner set in sage by Le Creuset. $349. Lecreuset.ca 2 | 10-cup coffee maker in pastel green by Smeg. $300. Indigo.ca 3 | Cruiser turntable in green by Crosley. $120. Indigo.ca 4 | Lucca cushions in grass green. $119 (set of two). Article.com 5 | Viviana Gonzalez agate-inspired coffee table. $320. Wayfair.ca 6 | Warren green chair. $549. Cb2.com

COMING THIS FALL TO BRANTFORD

6

see page 2 for more info

7 | Tynell 1965 pendant lamp in green by Paavo Tynell. $692. Finnishdesignshop.com

+MORE INSPIRATION ONLINE nexthome.ca/news/inspiration

nexthome.ca  49

INSPIRATION |

home decor

in living colour Designer Rebecca Hay shares how colour inspires her decorating style, even in her own home!

As a designer, I love to infuse a healthy amount of colour in the spaces I design. And, when it came to decorating my own family home, I made no exceptions. With two young kids and a small furry dog, I wanted a space that felt friendly, yet looked polished — a place for neighbours to gather and kids to play.

Before designing any space, think about the mood you want to 50 New Home + Condo Guide | Sept. 14–28, 2019

convey. Is it a calm, relaxed space or a warm, inviting space where dinner parties evolve? You don’t need a degree in psychology to figure out which colours are right for you. Trust your gut, and you will never go wrong, but it’s important to be mindful of the mood and energy you are trying to evoke.

There’s no surprise that yellow is a cheerful colour that promotes optimism. While blue is associated

with tranquility, it also happens to be the preferred colour by men. I incorporated a little bit of navy for the men in my own home!

For the living room, I wanted it to be bright and energizing as this is the main sitting and socializing area of the home. The drapery fabric was my inspiration and starting point. I knew we wanted to energize the space with yellow.

We already had the retro navy chairs to work with, so I chose to balance the navy of the chairs with bright yellow custom drapery.

Colour is an integral element to creating the right mood.

When decorating with colour, it’s important to balance any bold colours with lots of neutrals. A little trick that I like to use is the 60-30-10 rule. When decorating a particular room, divide the colours into percentages: 60 per cent of a dominant colour, 30 per cent of a secondary colour, 10 per cent of an accent colour and you will never go wrong.

The dominant colours in our living/dining space are beige, yellow and navy. I also chose to complement the blues with hints of orange in the living room.

Adding a few “bonus” colours adds further interest. I found an old traditional wingback armchair on the curb once. It was in desperate

need of TLC, and so I had it stripped down and recovered with a piece of bold contemporary orange fabric. It’s cosy, warm and inviting while adding some traditional sophistication to the space.

Repetition is key to any successfully designed home. By repeating a colour multiple times in a space, it feels purposeful and comforting. We repeated the orange in the custom toss cushions and with smaller accessories. By having the same colour layered throughout the space, it creates a unified design.

It’s a family space that is now an inviting and fun place for social gatherings or curling up by the fire. It’s proof that by taking the plunge and designing with colour, you can create a space that is visually beautiful, intriguing, and sometimes surprising.

Designer Rebecca Hay is principal of Rebecca Hay Designs Inc., a Toronto based design firm specializing in classically livable family homes. Offering complete decorating and renovating services for over a decade Rebecca and her team manage all of the details from start to finish. Known and celebrated for her design work and appearances on various acclaimed HGTV shows Rebecca is an active YouTuber. Follow her daily design adventures on Instagram. Servicing clientele throughout Toronto, Muskoka and Canada. RebeccaHayDesigns.com

+moRe InspIratIon online nexthome.ca/news/inspiration

nexthome.ca 51

INSPIRATION |

Colour

design file

your

world

by Phyllis lui and aleem Kassam

Find out how you can learn to love decorating with colour There’s a definite art to bringing a burst of colour into a home’s neutral palette. One of the most common hurdles we face in our profession as interior designers is fear of colour. Honestly, we’ve heard it all: “It’s too bold; it’s too trendy; it’s too... colourful.” To all those excuses, we say, ‘you’re not afraid of colour; you’re just scared of the wrong colour!’

With that being said, here are some tried-and-true designer tips for choosing the perfect tone and shade, and how to incorporate it into your interiors to make your neutral rooms pop.

So, where do you start?

Colour has been proven to have psychological effects on people.

As you dive into the pool of paint swatches, think about how your top colour choices make you feel, and how you want to feel in your space. The same room can have a completely changed ambience in a new hue. For example, cool colours such as blues and greens draw out feelings of tranquillity, reliability and calmness. On the other hand, colours on the warm 52 New Home + Condo Guide | Sept. 14–28, 2019

As you dive into the pool of paint swatches, think about how your top colour choices make you feel, and how you want to feel in your space. side of the spectrum tend to act like stimulants. Reds, oranges and yellows are known to elicit feelings of excitement, warmth and playfulness. Consider this when making your colour choices. Keep in mind that colour resonates with different people in different ways.

The short answer to the colour quandary is this: it’s all about personal preference. If you love it, then it’s right.

In this small but sweet urban space, we played with a combination of colours to bring out the homeowners’ sense of

youth and modern fun. High ceilings, huge windows and neutral walls play perfectly with the complementary palette of warm greys peppered with pops of coral, blue and green – and a vibrant sunny yellow taking the spotlight.

To create a sense of continuity through the home, we used the same sunny shade of yellow in every room, albeit in small doses.

It instantly draws attention and lends a wonderfully warm hint of sunshine to the otherwise cool and contemporary backdrop. The

cosy living room enjoys some yellow sofa cushions and some subtle, strategically placed, sunny accessories tucked away on the bookshelf. As you move through the kitchen, a yellow tea kettle perched on the countertop is just enough to catch the eye as you pass through. In the bedroom, we echoed the same shade in some pillows and a playful pillowcase that picks up pops of yellow. A modest sitting area is inviting and instantly alluring, though you may not immediately know why. (Hint: it’s definitely the yellow!) We even carried our colour theme into the great outdoors, onto the balcony barbecue area, where a couple of yellow cushions invite sunny thoughts, even on cloudy days.

It’s easy to introduce colour into a neutral space, despite common fears. Play around with different hues before you commit and remember, colour is subjective.

You make the rules!

Award winning Interior Designers Phyllis Lui and Aleem Kassam are the principal designer duo for Kalu Interiors. For more than a decade this Vancouver-based design firm has become known for creating thoughtfully curated interiors that enhance and inspire how you live. The firm provides bespoke design services for clientele throughout Canada. kaluinteriors.com

+more InspIratIon online nexthome.ca/news/inspiration

nexthome.ca 53

54 New Home + Condo Guide | Sept. 14–28, 2019

Freehold means permanent and absolute tenure of land or property with freedom of full use and control of the land and buildings on it, subject to any rights of the Crown, local land-use bylaws and any other restrictions in place at the time of purchase

Adjustable-rate and fixed rate mortgages There are generally two types of conventional mortgages – a fixed-rate and an adjustablerate mortgage. An adjustablerate mortgage means the interest rate can change over the term of the loan. A fixedrated mortgage simply means that the interest rate stays the same through the entire term of the mortgage and is “locked in”.

Assessed value

In addition to the actual price of a home, there are also closing costs, which will typically make up about two to five percent of the purchase price, not including the down payment. Examples of closings costs include the mortgage processing costs, title insurance, and excise tax, and legal fees.

Freehold ownership

This is how much a home is worth according to a public tax assessor who makes this determination in order to figure out how much city or state tax the owner owes.

Closing

Condo ownership

Condominium ownership is real estate that is independently owned and sellable, but the owners of the individual units also collectively own the common areas, amenities and utilities which are managed collectively by the owners as outlined in the Ontario Condominium Act.

Gross debt service ratio The percentage of your gross monthly income that housingrelated payments (mortgage, property taxes and heating) eats up. Depending on your situation, to qualify for a mortgage, your GDSR should be 39 per cent (or less) of your gross monthly income.

Closing refers to the meeting that takes place where the sale of the property is finalized. At the closing, buyers and sellers sign the final documents, and the buyer makes the down payment and pays closing costs. It is advisable to have a lawyer facilitate closing.

Debt to service ratio

Amortization

This process combines the interest and principal together in an established schedule of payment installments, rather than simply paying off interest at the start, which helps build home equity early on.

Closing costs

REAL ESTATE GLOSSARY

This amount shows the ratio of your household’s debt payments to gross household income. Banks look at this when assessing how much money to loan you.

HOT PROPERTIES

find your next home

The latest properties in the greater toronto Area to keep your eye on

new openinGs a. country lane By: Heathwood Homes City: Whitby Housing type: Detached homes. Models now open Heathwood.com

B. upper valleylands

8. edenBridGe kinGsway

Gta prevIew reGistration 1. saturday in downsview park By: Mattamy Homes City: Toronto, North York Housing type: Condominium mattamyhomes.com

2. suGar wharf By: Menkes City: Toronto Housing type: PATH-connected waterfront condos menkes.com

3. klein estates By: Lindvest City: Kleinberg Housing type: Upscale detached homes on 42 and 50 ft. lots lindvest.com

4. Bijou on Bloor By: Plaza City: Toronto Housing type: Condo pureplaza.com

5. whitBy meadows By: Fieldgate Homes Location: Whitby Housing type: Detached fieldgatehomes.com

7. thirty six zorra By: Altree Developments Location: Toronto Housing type: Condominiums thirtysixzorra.com

+

By: Tridel Location: Toronto Housing type: Condominium Tridel.com

13. moBilio By: Menkes City: Vaughan, Concord Housing type: Condo menkes.com/mobilio

14. linx By: Tribute City: Toronto Housing type: Condominiums LinxCondos.com

17. eleven altamont By: Heathwood Homes City: Toronto, North York Housing type: Townhomes Heathwood.com

18. natura By the forest By: Delta Rae City: Whitby Housing type: Semis and Singles NaturaByTheForest.com

19. the thornhill By: Daniels & Baif Developments City: Thornhill Housing type: Condominium suites TheThornhill.com

By: Fieldgate Homes City: Brampton Housing type: Semis, single-detached and freehold townhomes from upper $500s fieldgatehomes.com

c. keystone By: Kaneff City: Mississauga Housing type: Highrise condo suites keystonecondos.ca

d. impressions By: Fieldgate Homes City: The Village of Kleinburg Housing type: Luxury singles fieldgatehomes.com

h. aqualuna By: Tridel City: Toronto Housing type: Condo tridel.com/aqualuna

j. evermore By: Tridel City: Etobicoke in Toronto Housing type: Condo Tridel.com

k. auBerGe on the park By: Tridel City: Toronto Housing type: Condo www.tridel.com/auberge

20. lakeridGe residences By: Greenland City: Toronto Housing type: Condominium suites LakesideToronto.com

maps Locate properties using the map on the following page

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 nexthome.ca  55

HOT PROPERTIES | GREATER TORONTO AREA

F D 3

13 17

1

C

K 20 B 16 8 15

J

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

®

56 New Home + Condo Guide | Sept. 14–28, 2019

17 14 C

7

2

H

I

A

18 5

14

N

NEW HOMES NEW CONDOS

CARTOGRAPHY: MARKETMAPS.COM

MAP LE GE N D

nexthome.ca  57

“

Dimensions are a common issue - often discovered when you show up with your trusty tape measure to figure out how to get all your furniture into a 600-squarefoot unit.

”

…continued from page 14

starts from the halfway point between the walls. The area that you get is the total area of your unit. That’s why your 10 x 12 foot bedroom might end up with usable space more in the neighbourhood of 9.5 by 11 feet.

Keep in mind that floor space may also be partially taken up by structural components or mechanical requirements.

When purchasing a new condo, read your APS and the feature sheet located within it. The marketing materials will give you 58 New Home + Condo Guide | Sept. 14–28, 2019

an idea of what you are purchasing but the details of what the builder will deliver must all be in the APS. When it comes to the size of the unit, Tarion only outlines the approved method for calculating floor area. Warranty coverage doesn’t include floor area discrepancies or miscalculations.

You can expect some variance – up to 2 per cent is considered reasonable by Tarion. However, if you want recourse if the area is not as promised, you need to address this in your APS. So the best advice is to ensure

that any commitments to square footage or other features are made in the APS and have a real estate lawyer familiar with condominium purchases review it. Remember that any promises, drawings or features that are in marketing material or made verbally by sales staff are not covered by the warranty.

If you’re buying a new condo or have just taken occupancy and have questions about floor space calculation guidelines or warranty coverage, visit Tarion.com or contact us at 1-877-9TARION or email customerservice@tarion.com.

Howard Bogach is president and CEO of Tarion Warranty Corp For more information, visit tarion.com or find on Facebook at facebook.com/ TarionWarrantyCorp.

+more adVicE online nexthome.ca/news/advice

HOT PROPERTIES

Find your next home The latest properties in southwestern ontario to keep your eye on

sWo prevIew registration 1. casa di torre By: Branthaven Homes City: Stoney Creek Housing type: Condos from 550 to 978 sq. ft. from the low $300s branthaven.com

2. one tWenty condominiums By: Mountainview Homes City: Fonthill Housing type: Condominiums mountainview.com

3. the mcKenzie By: Losani Homes City: Caledonia Housing type: Towns and singles mckenziecaledonia.ca

4. Brant West By: Losani Homes City: Brantford Housing type: Towns and singles brantwest.com

5. the Peninsula By: Losani Homes City: Paris Housing type: Towns, semis and singles parispeninsula.com

6. synergy By: Branthaven Homes City: Oakville Housing type: Urban trailside condos branthaven.com

+

9. homestead

F. the PreserVe

By: Branthaven Homes City: Mount Hope in Hamilton Housing type: 33, 36, 38 & 40 ft. singles branthaven.com

By: Mattamy Homes City: Oakville Housing type: Townhomes mattamyhomes.com

10. Winona county

g. FallingWaters

By: Branthaven Homes City: Winona county Housing type: 36 & 40 ft. singles branthaven.com

By: Losani Homes City: Stoney Creek Housing type: Luxury townhomes email: Pronto@LosaniHomes.com

11. WaterWorx

h. timBerWood estates

By: Losani Homes City: Hamilton Housing type: Townhomes LosaniHomes.com

By: Mountainview Homes City: Thorold Housing type: Townhomes, detached homes timberwoodestates.ca

12. illumina By: Molinaro Group City: Burlington Housing type: Highrise condominiums Illuminacondos.ca

neW oPenings a. lyon’s creeK By: Mountainview Homes City: Niagara Falls Housing type: Semis lyonscreekhomes.com

B. Vista ridge By: Losani Homes City: Beamsville Housing type: Townhomes and detached losanihomes.com

i. saFFron estates By: Mountainview Homes City: Fonthill Housing type: Townhomes, detached homes saffronestates.ca

J. simPly grand By: Losani Homes Location: Paris Housing type: semis and singles losanihomes.com

K. Wallaceton By: Heathwood Homes Location: Kitchener Housing type: Towns and detached homes heathwood.com

c. sParroW meadoWs By: Mountainview Homes City: Welland Housing type: Singles and townhomes sparrowmeadows.com

d. lincoln estates By: Losani Homes City: Lincoln Housing type: Single-detached homes losanihomes.com

e. elements By: Mountainview Homes City: St. Catharines Housing type: Luxury oneand two-bedroom condos elementscondo.com

maPs Locate properties using the map on the following page

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 nexthome.ca  59

HOT PROPERTIES | SOUTHWESTERN ONTARIO AREA

KITCHENER–WATERLOO

Guelph

K

Waterloo Kitchener

Milton

Cambridge

J

Brantford

Hamilton

5

4

LONDON

9

3

London

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

60 New Home + Condo Guide | Sept. 14–28, 2019

Mississauga

MAP LE GE N D NEW HOMES

F 6

12

NEW CONDOS

Oakville

Burlington

11

G B

E D

St Catharines H

Niagara Falls

2

A

I

C

Welland CARTOGRAPHY: MARKETMAPS.COM

10

nexthome.ca  61

“

On the day you take possession, visit your lawyer and pay the adjustments necessary to close the sale. Once you receive your keys, it’s up to you to make your condo suite your home!

…continued from page 28

will be cashed on the 11th day after signing the Agreement.

The next step involves a letter from your builder/developer detailing the future deposit cheques you are required to send.

Your occupancy date is likely to be about three to six months before the condominium is registered (the developer submits a declaration and description of the property to a Land Registry Office to be approved). Unlike lowrise housing, in a condominium, you will likely be able to occupy long before you receive the title to your suite. “Interim occupancy” refers to the time you live in your suite before the title is officially 62 New Home + Condo Guide | Sept. 14–28, 2019

”

registered and your mortgage comes into effect. During this time, you will pay the developer an occupancy fee that includes your portion of the property taxes, your monthly maintenance fee and the interest on your outstanding balance to the builder based on the 1-year posted mortgage rate.

When occupancy is approximately nine months to a year away, you will be contacted by a décor consultant to book your colour selection appointment to choose features and finishes.

Approximately a month before occupancy, your builder will arrange for a representative to conduct your Pre-Delivery Inspection (PDI). He/she will note

any deficiencies you notice. You will both sign the list, and when possible, the deficiencies will be addressed before you move in.

You will receive a letter from the builder with instructions on booking an elevator and truck bay for your move.

On the day you take possession, visit your lawyer and pay the adjustments necessary to close the sale. Once you receive your keys, it’s up to you to make your condo suite your home!

Barbara Lawlor is president and CEO of Baker Real Estate Incorporated, winner of the pinnacle 2017 Riley Brethour Award from BILD, and an in-demand columnist and speaker.

A member of the Baker team since 1993, she oversees the marketing and sales of condominium developments in the GTA and overseas. Keep current with The Baker Blog at blog.bakerrealestate.com

+more ADVICE onLIne nexthome.ca/news/advice

townhome

Condo

Bungalow

Location BuiLder/deveLoper name Site name

semi

#IntheCity

detached

index of advertisers

priceS

page

Bloor West village

Plaza pureplaza.com

Bijou on Bloor

•

Inquire

3

downsview park

Mattamy Homes mattamyhomes.com

Saturday in Downsview Park

•

$4,990

IBC

etobicoke

tridel tridel.com

Evermore

Inquire

4,5

etobicoke

Heathwood Homes

Eleven Altamout

•

From 1 million

11

etobicoke

Mattamy Homes mattamyhomes.com

Vita on the Lake

•

Inquire

IBC

etobicoke

Mattamy Homes mattamyhomes.com

Vita Two

•

Inquire

IBC

north York, on

Mattamy Homes mattamyhomes.com

Origins of Don mills

•

•

Inquire

IBC

north York, on

Mattamy Homes mattamyhomes.com

Park Place on Patricia

•

Inquire

IBC

Queens Quay east

tridel tridel.com

Aqualuna

•

Inquire

4,5

Scarborough

Mattamy Homes mattamyhomes.com

Thomson Towns

•

Inquire

IBC

Scarborough

Mattamy Homes mattamyhomes.com

Upper Summerside

•

Inquire

IBC

toronto

altree developments

Thirty Six Zorra

•

From 300's

29

toronto

Greenland

Lakeside

•

Inquire

19

toronto

Menkes menkes.com

Sugar Wharf

•

Inquire

IFC

toronto

tribute Communities

Linx

•

Inquire

23

toronto

tridel tridel.com

Auberge on the Park

•

Inquire

4,5

toronto

tridel tridel.com

Edenbridge

•

From 900's

2,3

•

nexthome.ca 63

Beamsville

Losani Homes losanihomes.com

Vista Ridge

•

Bracebridge, on

Mattamy Homes mattamyhomes.com

White Pines

•

Brampton

daniels

Bekenrose

Brampton

daniels

Sunny Meadows

Brampton

Mattamy Homes mattamyhomes.com

Union Mount Pleasant

Brantford

Losani Homes losanihomes.com

Brant West

Burlington

Molinaro Group

Illumina Condos

caledon/Brampton Border

fieldgate Homes fieldgatehomes.com

Upper Valleylands

caledonia

Losani Homes losanihomes.com

The McKenzie

Fonthill

Mountainview Homes mountainviewhomes.com

One Twenty Condominiums

Fonthill

Mountainview Homes mountainviewhomes.com

Saffron Estates

Fonthill

Mountainview Homes mountainviewhomes.com

Homestead

Hamilton

Losani Homes

Waterworx

Kitchener

Heathwood Homes

Wallaceton

•

Kleinburg

fieldgate Homes fieldgatehomes.com

Impressions

•

Kleinburg

Mattamy Homes mattamyhomes.com

Kleinburg Summit

Lincoln

Losani Homes losanihomes.com

Lincoln Estates

markham

Mattamy Homes mattamyhomes.com

The Condominiums of Cornell

milton

Mattamy Homes mattamyhomes.com

Hawthorne South Village

mississuga

Kaneff

Keystone

niagara Falls

Mountainview Homes lyonscreekhomes.com

Lyon's Creek

oakville

Branthaven Homes thetauntonapartments.com

The Taunton

oakville

Mattamy Homes mattamyhomes.com

East Preserve

64 New Home + Condo Guide | Sept. 14–28, 2019

townhome

Condo

Bungalow

semi

Location BuiLder/deveLoper name Site name

detached

#BeyondtheCity

•

priceS

page

From $300’s

2,48

$419,990

IBC

From $300’s

27

From $300’s

27

From $300’s

IBC

From 400's

2,48

•

Inquire

47

• •

•

From $500’s

9

•

•

Inquire

2,48

•

Inquire

43

•

Inquire

43

•

Inquire

43

•

From $300’s

48

•

From $500’s

27

Inquire

7

$799,990

IBC

Inquire

2,48

By Appointment

IBC

Inquire

IBC

Inquire

19

From $400's

43

•

Inquire

41, 47

•

$580,000

IBC

• • • • •

•

• • •

•

• •

•

townhome

Condo

Bungalow

semi

Location BuiLder/deveLoper name Site name

detached

#BeyondtheCity

priceS

page

oakville

Mattamy Homes mattamyhomes.com

The Preserve

•

Inquire

IBC

oakville

Mattamy Homes mattamyhomes.com

The Preserve Woodland Estate

•

Inquire

IBC

paris

Losani Homes losanihomes.com

Simply Grand

• •

Inquire

2,48

paris

Losani Homes losanihomes.com

The Peninsula

• •

Inquire

2,48

pickering

Mattamy Homes mattamyhomes.com

Seaton Whitevale

•

•

Inquire

IBC

pickering

Mattamy Homes mattamyhomes.com

Seaton Taunton

•

$400,000

IBC

pine valley & teston

Lindvest Lindvest.com

Klein Estates

•

Inquire

BC

richmond Hill

Mattamy Homes mattamyhomes.com

Richmond Green

•

$845,000

IBC

St catharines

Mountainview Homes mountainviewhomes.com

Elements

Inquire

43

South mississauga

Consulate developments

20 Twenty Towns

•

From $599,000

15

Stoney creek

Branthaven Homes casaditorrecondos.com

Casa Di Torre

•

From $300’s

44, 45

Stoney creek

Losani Homes losanihomes.com

Fallingwater

From $600’s

2,48

thornhill

daniels

Thornhill

From 300's

29

West Brampton

fieldgate Homes fieldgatehomes.com

Valleylands

•

Mid $900’s

7

Welland

Mountainview Homes mountainviewhomes.com

Sparrow Meadows

•

Inquire

43

Welland

Mountainview Homes mountainviewhomes.com

Timberwood Estates

•

Inquire

43

Whitby

delta rae

Natura by the Forest

• •

Inquire

35

Whitby

Heathwood Homes

Country Lane

•

From $700’s

11

Whitby

Mattamy Homes mattamyhomes.com

Queen's Common

499,000

IBC

Winona

Branthaven Homes branthaven.com

Life

Inquire

44, 45

Winona

Branthaven Homes branthaven.com

Winona County

Inquire

44, 45

•

•

• •

•

• • •

•

nexthome.ca 65

WHAT’S ONLINE

TRENDING NOW THE LATEST REAL ESTATE NEWS FROM ACROSS CANADA

TINY HOME, TINY SPACE, INSPIRED INTERIOR DESIGN

GEOTHERMAL ENERGY: A BETTER QUALITY OF LIFE

nexthome.ca/tiny-home-decor

nexthome.ca/geothermal-energy

THE PROS AND CONS OF OWNING VERSUS RENTING

FAMILY-SIZED CONDOS BECOMING A POPULAR TREND

nexthome.ca/renting-versus-owning

nexthome.ca/family-condos

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BE THE FIRST TO EXPERIENCE PARKSIDE TOWNS. REGISTER NOW MATTAMYHOMES.COM Prices, specifications and promotions are subject to change without notice. Illustrations are artist’s impression. E. & O.E.

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