The Condo Builders' Annual - GTA 2015

HIGHLIGHTING THE

top builders & condo communities across the GTA

THE EXPERTS WEIGH IN:

Location, lifestyle, costs & your new condo

Why pre-construction condo investments pay off

PEMBERTON GROUP

ENVIABLE LIFESTYLES • LASTING VALUE • ACROSS THE GTA For over 50 years Pemberton Group has been creating successful residential and commercial developments. Each Pemberton condominium community delivers top quality materials and craftsmanship, a wealth of recreational amenities, superb customer service and lasting value. Pemberton’s slogan, “It’s all about you,” embodies the company’s commitment to a customerfirst approach. Pemberton suite owners enjoy an enviable lifestyle, plus the peace-of-mind that comes with a well-trusted builder. Current offerings include an unprecedented selection of condominiums in sought-after neighbourhoods across the Greater Toronto Area.

Midtown Toronto holds a bright future for you, as this spring, Pemberton Group will introduce CityLights on Broadway. Situated in the vibrant Yonge-Eglinton area, this shining new two-tower condominium community offers the height of urban sophistication.

The area pulses with a city chic aesthetic, and every necessity imaginable lies within easy walking distance. Local restaurants span the gamut from casual bistro and café cuisine to fine dining destinations.

The Broadway Club at CityLights boasts 28,000 sq. ft. of indoor and outdoor leisure and entertainment amenities, including a sports court, two outdoor pools, fitness centre with juice bar, and an amphitheatre for watching movies under the stars.

416.546.6605

Pemberton Group

Ten93 Queen West is situated on Queen Street West at Dovercourt Road.

This unscripted neighbourhood has been rated by Vogue magazine as one of the top 15 coolest, and is defined by its cutting-edge dining, theatre, music and nightlife, fashion boutiques, and art galleries. Ten93 Queen West embodies a raw organic lifestyle within easy walking distance to the cultural

and entertainment events held at The Drake and Gladstone Hotel. An iconic fusion of art, fashion, culture, creativity and style, the striking 9-storey building offers a wide selection of suites.

Amenities include a trend-setting party room with catering kitchen, fitness room, and landscaped terrace garden with barbecues for alfresco dining.

416.546.6355

Move in this year to SkyCity Condos tower 1 in the commuter-friendly Richmond Hill City Centre, where tower 2 is also now selling. SkyCity is close to York Region Transit, the GO Train to Union Station and GO bus service.

Residents can walk from this masterplanned community to shopping, dining and entertainment venues, and the area has a roster of parks, golf courses, cultural and recreational facilities. Next-generation amenities include SkyGarden - a landscaped terrace with gazebos, a fireplace, lounge-style seating, barbecues and alfresco dining. A multi-media theatre, two video gaming rooms, party room, dining room, meeting room/library, exercise room, yoga/Pilates studio, indoor swimming pool and lounge with double-sided fireplace complement the bold new vision for living.

905.709.5700 Move in now at Vivid Condominiums at Bloor Street West and Islington Ave. This amenity-rich area of Etobicoke is only steps to the Islington subway and Kipling GO. Vivid is the final building in Pemberton’s master-planned Port Royal Place community, which has its own landscaped park, gazebo, playground and splash pad. Completed community amenities include an indoor pool, men’s and women’s change rooms, fitness centre, cards and billiards rooms, and a lounge with a fireplace, bar, servery and caterer’s kitchen.

416.239.8200 Take advantage of your last chance at pre-construction pricing at Downtown Erin Mills Condominiums, located in Mississauga’s prestigious Erin Mills area. Offering a downtown vibe, urban suite designs and inspired amenities, this popular masterplanned neighbourhood is situated

Pemberton Group

TORONTO 416-546-6605

TORONTO 416-546-6355

NON TRANSPARENT

RICHMOND HILL TRANSPARENT 905-709-5700

RICHMOND HILL 905-709-5700

NON TRANSPARENT

ETOBICOKE 416-239-8200

steps from Erin Mills Town Centre, with more than 180 shops, dining opportunities and services. Amenities begin with the elegant port cochère entry and contemporary lobby with 24/7 concierge service, plus the chic party and dining rooms, indoor pool, saunas, equipped gym and yoga studio, and outdoor barbecue terrace are all part of the separate 17,000 sq. ft. Recreation Centre. Suites come with high-quality features and finishes installed with Pemberton’s renowned attention to detail.

905.603.6300 The Urban Townhome Collection at U Condos is under construction on Bay Street south of Bloor, adjacent to the lush grounds and historic buildings of the University of Toronto’s St. Michael’s campus. The 19 unique Urban Townhome designs have luxurious features including a private rooftop terrace, garage, and elevator, and street-level front door entry.

All residents will benefit from the fabulous community amenities, 2

2015 Condominium Builders’ Annual

including the party room with a wraparound terrace and incredible city views, a library, billiards room and fitness centre with steam rooms.

416.546.6605 private appointment.

Now is your final opportunity to own at one of these coveted Pemberton Group communities: The Yorkville Signature Collection at The Uptown Residences offers 30-day occupancies. 905.326.4100.

Neon Condos at Yonge and Eglinton is steps to the subway and everything you want. 905.326.4100. Miracle At Yonge offers 30-day move-ins at Yonge Street and Highway 7.

905.709.5700

MISSISSAUGA 905-603-6300

TRANSPARENT

TORONTO 416-546-6605

TORONTO

By Appointment Only 905-326-4100

TORONTO

By Appointment Only 905-326-4100

RICHMOND HILL 905-709-5700

FOR MORE INFORMATION PembertonGroup.com

You can follow the company on Exclusive Listing Brokerage, Circle M Realty Corporation, Brokerage.

Brokers Protected. Prices and specifications are subject to change without notice. Illustrations are artist’s concept E.&O.E.

Editor’s Note

T

the NEW home reality More homebuyers movin’ on up – literally

here’s a new dream home on the market – “new” not just in terms of construction, but in concept as well. The latest figures from the Toronto Real Estate Board only confirm what we already know: Toronto real estate is not for the faint of pocket, with the average detached home in the 416 surpassing the $1-million mark. For most first-time homebuyers, the $200,000 down payment that would be required for a conventional mortgage is hard to come by. Toronto’s unaffordability, decreasing housing stock and increasing population – and demand – are all contributing factors to the rise of condominiums as the new home of choice.

Home builders today are designing condos for a wide range of buyers, from small studios ideal for first-time buyers and investors, to the proliferation of two- and even three-bedroom suites that accommodate growing families and their changing needs through the years.

This reality is the reason condominiums have gained traction among homebuyers these days – and not just as a foothold for first-time buyers, as was historically the case. More and more, we’re seeing condos become a top choice for families, thanks to their prime locations, convenient lifestyle and affordability.

So, what about Toronto’s exorbitant prices? A recent study by Pembina Institute and RBC explored the location-related costs associated with suburban neighbourhoods and longer commute times, and how these affect the bottom line of home ownership beyond just sticker price. While walkable neighbourhoods are typically more expensive at first glance, Pembina and RBC crunched some numbers and found that residents spend, on average, $10,000 a year on car ownership. Because condos are typically located in transit hubs – whether downtown or in the 905 – buyers can opt out of car ownership altogether and put those car costs toward that more expensive, centrally located home. It really is possible to have your city cake and eat it, too.

A smart home purchase will balance price, location and amenities. Do your research, explore all avenues and see what (and where) your budget can buy. Take your time, know what’s important to you, and you’ll find happiness and a new home that you’ll love.

Lydia McNutt, editor Yellow Pages NextHome Lydia.McNutt@ypnexthome.ca Twitter: @lydiastweets

2015 Condominium Builders’ Annual

3

ng design. Lanterra’s guiding philosophy goes beyond just condominium buildin lization and putting Toronto on the global map as the new city of the future.

2015 table of contents 18

21

building set34 to rise on Toronto’s most iconic street. TeaHouse at 501 Yonge Street is your welcome respite, your serene retreat from the vibrant energy of downtown life. Feel your world restored to balance the moment you arrive home. Here, the modern and the natural come together. Time-honoured traditions are given new life. And all the elements coexist in perfect harmony.

03 09 13

Editor’s Note

28

Homebuyers’ Help Four things to watch in Canadian real estate in 2015

by Wayne Karl

MONDE

32

Social Media Directory Our listing of GTA builders and developers to help you share and stay connected

OHBA Report

61

Investor Advice

62

Style File

Why pre-construction condo investments pay off

by Andrew la Fleur

YONGE + RICH Three easy ways to make your Innovative and affordable space sing!

BILD Report six-storey wood housingThis coming Designed by renowned architect Moshe Safdie, soaring 45-storeysmall structure is situated

by Yanic Simard A new era of home purchasing to a neighbourhood near you a whole new world on the waterbyand not only at the epicentre of downtown Toronto, byMonde Bryan is Tuckey Joethe Vaccaro centerpiece of Toronto’s next great neighbourhood.

66 Expert but also in the financial heart Panel of the country.

Location, lifestyle and costs he beating of city, worlds 17 heart Condo Prothe of 43tower Legally Speaking A world of culture and Construction this two landmark 44-floor on the commerce is quite considered Just why are condos so popular?

What is a condo, anyway? his is where byinspiration meets begins inspired edge of Lake Ontario Spring 2015.by Jayson Schwarz literally at your doorstep.

by Lydia McNutt Barbara Lawlor Where tranquil livingMatters meets the energy 53 City Living yongeandrich.com mondecondominiums.com 73 GTA Condominium 24 Mortgage Welcome to the world’s Builders’ Annual Roster Size matters when it comes to his is where East meets West. “most livable city”

by Lydia McNutt

mortgaging micro condos

by Alyssa Richard

e to harmonious living. Welcome ouse.

57

A comprehensive list of new condo builders in the GTA

GOLD WINNER INTERNATIONAL COMMUNITY OF THE GREATGULF.COM

Homebuyers’ Help

By the North American Home Builders Association

Top 10 new-home warranty claims

by Wayne Karl

REGISTER NOW FOR PHASE 2

Asian Inspired City Living at 501 Yonge from $199,900

ng to dynamic urban

Pure opportunit PRESIDENT, YELLOW PAGES NEXTHOME

Jacqueline Hill EDITOR-IN-CHIEF, DIRECTOR OF CONTENT

Susan Legge ASSOCIATE PUBLISHER, SWO NEW HOME AND CONDO GUIDE

Susan Maxwell ART DIRECTOR

Daiana Garay EDITOR

Lydia McNutt

50

SENIOR SALES MANAGER

Conni Robinson SENIOR ACCOUNT EXECUTIVES

Dionne Fraser Nina Downs

62

SALES AND MARKETING CO-ORDINATOR

Terry Bassett DIRECTOR OF PRODUCTION

Bala Gnanapandithan PRODUCTION CO-ORDINATOR

Brad Smith GRAPHIC DESIGNERS

Viosa Barileva Miguel Cea Mihail Terentiev

One of Toronto’s top condominium builders with over 3,200 sales in the last three years.

2015 CONDOMINIUM BUILDERS’ ANNUAL #500-401 The West Mall Etobicoke, Ont. M9C 5J5 T 416.626.4200 F 416.784.5867 ypnexthome.ca

*Prices and specifications subject to change without notice. Plaza® and Pure Plaza® are registered trademarks of Plazacorp Urban Residential Communities and used under license. All rights reserved. E.&O.E. February 2015. 25654

ADVERTISING: Call 416.626.4200 for advertising rates and information.

CONDO BUILDERS’ INDEX

-2

Pemberton Group

44-46 & Aspen Ridge Homes Ltd.

06-08

Monarch Corporation

10-12

The Daniels Corporation

47-49

Lash Group of Companies

14-16

Menkes Developments Ltd.

50-52

Plaza

INSERT

Pinnacle International

54-56

Brandy Lane Homes

18-20

Lanterra Developments

58-60

Tribute Communities

21-23

Great Gulf

Lindvest

25-27

Empire Communities

BUILDERS HELPING TO HEAL

29-31

Concord Adex

64-65

INSERT

Cresford

34-36

Lifetime Developments

37-39

Camrost-Felcorp

40-42

Dundee Kilmer Developments

YEAR –

Sick Kids Foundation

CIRCULATION Polybagged with the March 28 issue of New Condo Guide. Available at GTA home shows, through direct distribution in the GTA market and by consumer request.

COPYRIGHT 2015 All rights reserved by Yellow Pages Homes Limited, Toronto, Ontario, Canada. Reproduction in any form is prohibited. Contents of this publication are covered by Copyright and offenders will be prosecuted under the law.

TERMS Advertisers, editorial content and the 2015 Condominium Builders’ Annual are not responsible for typographical errors, mistakes or misprints. All prices are correct as of press time and are subject to change without notice. E. & O. E.

Published by

Please recycle this magazine! Yellow Pages NextHome participates in the Partners in Growth Reforestation Program through St. Joseph Communications. To date, Partners in Growth has planted over 2.5 million trees in parks, recreation and conservation areas, and other public spaces across Canada. Established in 1990, this program was started with Scouts Canada to help replenish the environment.

Monarch first.

Since 1917, Monarch has been at the heart of so many family histories.

First homes. First memories. First accomplishments. First friends. And first loves. For almost a century, the reassuring welcome of a Monarch home on a Monarch street has brought thousands and thousands of families closer together. So if you’re looking for a new home, trust the oldest, strongest and most respected name in Canadian homebuilding.

Choose Monarch. First.

6

AFTER 97 YEARS, BUYERS STILL CHOOSE MONARCH. first.

Since Monarch entered the condominium market in 1995, the company has sold over 10,000 suites and earned recognition as a pace-setter in this forward-looking and highly competitive environment. Those looking for condominiums will find Monarch in the most desirable locations.

In Etobicoke, Monarch covers the waterfront With seven distinctive condominiums on Etobicoke’s Humber Bay Shores waterfront, Monarch has been a key player in the successful redevelopment of this trendsetting area. Presently, Monarch is selling three magnificent amenity-rich condominiums here: Lago, Riva del Lago and Waterscapes.

Dominating the waterfront skyline with their striking architectural designs, these fabulous condominiums offer residents excellent value, a superb location just 15 minutes from downtown Toronto, and resort-style living designed for fun and social connectivity.

Riva del Lago Poised right on the waterfront, Riva del Lago is now open. Steps from shops, boutiques and cool new eateries, this boutique condominium has unobstructed views of the lake and city skyline. The Riva Club offers every amenity for maximum lifestyle, including party room with billiards, kitchen and bar, terrace with BBQ, theatre and fitness room with commercial grade equipment, TV, yoga and change rooms. Residents will share access to Club Lago’s indoor pool, hot tub and saunas. Prices start in the $300,000’s.

Lago Now rising over the waterfront, Lago’s soaring tower captures magnificent views of Lake Ontario and Toronto. The Lago Club includes a designer-decorated party room with billiards, caterer’s kitchen and bar that opens onto a private balcony area with bbq, and a theatre for private viewings. A dynamic fitness

Picasso on Richmond

room offering cardio, yoga, weights area, and TV, indoor swimming pool, hot tub, sauna and change rooms. Now under construction, Lago is priced from the $200,000’s.

Waterscapes Waterscapes is ready for move in now, offering breathtaking views of the lake and skyline. In the suites, luxury features abound.

Kitchens include stainless steel appliances, granite countertops, under cabinet lighting as well as a kitchen island with wine fridges in select suites. Waterscapes features a soaring 2-storey lobby with 24-hour concierge and a myriad of recreational options at Club Waterscapes. Choice suites remain from the $400,000’s.

Waterscapes

Picasso on Richmond One of the most remarkable architectural statements in Toronto, Picasso on Richmond is very much a part of the celebrated Queen West experience, named by Vogue magazine “the world’s second coolest neighbourhood”.

Picasso on Richmond offers a world of amenities. Bar and lounge area. Outdoor party patio. Concierge services. Fitness centre, with dry saunas. Open area dining.

Billiards table and lounge. Outdoor hot tub.

Now under construction with a few choice suites available from the $400,000’s.

Home Suite Home with Monarch Headquartered in Toronto, Monarch is one of Canada’s oldest and largest home builders.

Monarch has consistently been recognized in the home building industry and by its customers for superior quality and outstanding customer satisfaction. Monarch builds and develops single-family detached and attached homes in Toronto and Ottawa and builds highrise condominiums in the Greater Toronto Area. Monarch focuses on style, design, quality and livability in all of its homes.

Lago

first.

For more information on Monarch, please visit: Monarchgroup.net Twitter@monarch_group facebook/monarchcorp

2015 Condominium Builders’ Annual

7

BUY NOW FOR PRE-CONSTRUCTION PRICING!

Riva del Lago

MONARCH COMMUNITIES ETOBICOKE WATERFRONT | Riva Del Lago | Construction starting this Spring from the $300,000’s Sales Centre located at 2167 Lake Shore Blvd. W. 416-495-3544 ETOBICOKE WATERFRONT | Lago | Under Construction from the $200,000’s Sales Centre located at 2167 Lake Shore Blvd. W. 416-495-3544 ETOBICOKE WATERFRONT | Waterscapes | Move-in Now from the $400,000’s Sales Centre located at 2167 Lake Shore Blvd. W. 416-495-3544 DOWNTOWN TORONTO | Picasso | Under Construction from the $400,000’s Appointment Only 416-495-3549

HOURS: Mon.- Thurs. 12pm - 6pm, Weekend & Holidays 12pm - 5pm, Closed Fridays

discover more

MonarchGroup.net Prices and specifications subject to change without notice. *Square footage includes finished lower level landing.

Please see sales associate for complete details. E&OE. March 2015. 14932.

8

2015 Condominium Builders’ Annual

first.

Homebuyers’ Help

Four things to watch in

Canadian real estate in 2015

by WAYNE KARL

BY ALL ACCOUNTS, 2014 WAS A GOOD YEAR IN CANADIAN REAL ESTATE –

and in some areas a great year. Here are four things to watch in Canadian real estate in 2015.

‘Overheating’ in the housing market Bank of Canada Governor Stephen Poloz spooked many Canadians in December when, in releasing the Bank’s semi-annual Financial System Review, he said that home prices could be overvalued by as much as 30 per cent.

Only weeks before, chief economist for Canada Mortgage and Housing Corp. Bob Dugan reassured Canadians that overheating wasn’t a serious concern.

“We don’t see overheating as being a problem in any of the markets across Canada,” he said. “Some markets are stronger than others, particularly in western Canada.”

We also sought insight and reaction from leading mortgage broker, Calum Ross.

“Respectfully, the Bank of Canada is no more qualified to talk about the specifics of the housing markets than the Canadian Real Estate Association is qualified to comment on monetary policy,” he told New Condo Guide.

“Saying there is a Canadian housing market is not dissimilar from saying there is a Canadian temperature – the term itself is irrelevant.”

Mortgage rates The Bank of Canada shocked everyone by dropping its influential overnight target rate by 0.25 per cent to 0.75 per cent. Most economists don’t expect any notable rate increase in 2015, including BMO’s chief economist Douglas Porter. But if rates do begin to inch up, the impact will be interesting to watch.

“The chances of a two-percentage point rise in rates in any year these days is remote, and I would peg it as extremely unlikely in 2015,” Porter told New Condo Guide. “We do believe that at long last, rates will begin to creep higher, but we are only looking at a quarter-point hike by the Bank of Canada.”

Mattamy Homes’ acquisition of Monarch Corp.

“Buy land, they’re not making it any more.” This famous Mark Twain quote rings true in the announcement by Mattamy Homes that it is acquiring Monarch Corp. It’s huge news in the home-building industry, but it’s also interesting from a general business and consumer news perspective. Why? First, it’s a success story: a Canadian company buying the Canadian division of U.S. builder Taylor Morrison Home Corp., which builds homes

in Arizona, California, Colorado, Florida and Texas. Mattamy builds homes in the Greater Toronto Area, Ottawa, Calgary and Edmonton.

Second, the motivation for the deal: land. Land availability and rapidly rising acquisition costs are a growing issue for builders – and therefore buyers. A run-up in land prices in Ontario in the last few years is one of the reasons Taylor Morrison decided to sell Monarch.

By acquiring Monarch, Mattamy quickly gains Monarch’s existing land tracts, most of which have been approved for development.

Mattamy, primarily a lowrise builder, also gains an immediate foothold in the fast-growing highrise market.

Mayor John Tory As if being mayor of Canada’s largest city isn’t difficult enough – some say it’s the toughest job in Canadian politics, certainly at the municipal level – Rob Ford drew a lot of negative, unwanted attention Toronto’s way.

On the one hand, Mayor John Tory can’t help but present the city and the mayor’s office in a brighter light. On the other, his predecessor left him with quite a mess.

Among Tory’s challenges: uniting a previously divided council, improving relations with the provincial and federal governments, and transit. If Tory has his way, by the time his first term is up in four years, construction of his SmartTrack transit system will be well underway.

Toronto’s real estate market, meanwhile, is expected to continue humming along, though affordability is becoming a growing concern.

2015 Condominium Builders’ Annual

9

THE DANIELS CORPORATION BRINGS INTEGRITY, WE BUILD. YOU SEE OUR COMMITMENT TO

THE DANIELS CORPORATION IS ONE OF CANADA’S PRE-EMINENT BUILDERS/ DEVELOPERS, BUILDING MORE THAN 25,000 NEW HOMES ACROSS THE GREATER TORONTO AREA FOR 33 YEARS. Our motto “Love Where You Live” extends to every aspect of homebuilding, from the conception of each community to well after our homeowners move in. We put “people first” every step of the way and build for everyone, from those looking for rental accommodations to first-time homebuyers, growing families, empty-nesters and seniors. And through it all, each and every home is crafted with Daniels’ legendary quality and attention to detail.

In 2015, we look forward to creating innovative homeownership opportunities in Toronto’s Regent Park, Erin Mills, Newmarket, Brampton and High Park as well as introducing a brand new way of living at Toronto’s vibrant East Bayfront.

In addition, we will continue to expand our various corporate initiatives including our innovative programs that support urban agriculture, pioneering new approaches to décor and art in our condominium communities by supporting local artists, helping people achieve homeownership, championing neighbourhood initiatives that enhance residents’ quality of life, and supporting numerous charities and non-profit organizations.

Most importantly, we continue to work hard to ensure our homeowners truly ‘love where they live’.

10

CREATIVITY AND VISION TO EVERY COMMUNITY EXCELLENCE IN EVERY EXQUISITE DETAIL. ON SALE DANIELS EVERMORE A limited collection of Ravine Lot Singles, Semis and Towns in Castlemore in Brampton.

Towns from the low $400,000s Semis from the mid $500,000s Ravine lot singles from the low $700,000s 905.573.8792 DanielsEvermore.com

ONE PARK PLACE SOUTH TOWER Move in today in the heart of Toronto’s Downtown East.

Suites from the mid $200,000s Towns from the mid $500,000s 416.955.0559 DanielsOneParkPlace.com

DANIELS ERIN MILLS Located in the heart of Erin Mills at Eglinton Ave and Erin Mills Pkwy.

Suites from the mid $200,000s Urban Walk-Ups from $539,300 905.306.6996 DanielsErinMills.com

HIGHPARK CONDOMINIUMS Overlooking High Park in Bloor West Village.

Move in this year!

Suites from $299,900 416.351.1844 DanielsHighPark.com

HIGHLANDS PHASE TWO An exclusive collection of three bedroom townhomes surrounded by nature in Newmarket.

Starting from the $490,000s 905.853.4443 DanielsHighlands.com

COMING SOON DANIELS BARTHOLOMEW Located in Downtown East, within the award-winning world-leading Regent Park revitalization.

Suites from the low $200,000s Towns from the mid $500,000s 416.955.0559 DanielsBartholomew.com

OLIVIA MARIE GARDENS Condominium suites coming soon to the corner of Mississauga Road and Olivia Marie Road in Brampton.

Condominium suites from the $300,000s to over $500,000 905.814.0123 OMGdaniels.com

DANIELS WATERFRONT CITY OF THE ARTS Redefining Toronto’s skyline, Daniels will change the waterfront forever.

416.221.3939 DanielsWaterfront.com

ENCORE PHASE TWO Your final opportunity to own a new Daniels townhome in Erin Mills, coming this fall. Fully-built walk-up condo towns from the mid $200,000s.

Fully-built 2 & 3-storey towns from the low $500,000s 905.814.0123 DanielsEncore.com

For more information on Daniels Communities across the GTA visit www.DanielsHomes.ca Check us out on Twitter and Facebook Illustrations are artist’s concepts. Prices and specifications are subject to change without notice. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without prior written permission of The Daniels Corporation, is strictly prohibited. Brokers Protected. E.&.O.E.

11

VE WHERE YOU LIVE LOVE WHERE YOU HOMECOMINGS ARE AYOU WAYLIVE ERE HAPPY YOU LIVE LOVE WHERE E LOVE WHERE YOU LIVE LOVE WHER OF LIFE AT DANIELS COMMUNITIES! ERE YOU LIVE LOVE WHERE YOU LIVE E LOVE WHERE YOU LIVE LOVE WHER ERE YOU LIVE LOVE WHERE YOU LIVE E LOVE WHERE YOU LIVE LOVE WHER ERE YOU LIVE LOVE WHERE YOU LIVE E LOVE WHERE YOU LIVE LOVE WHER ERE YOU LIVE LOVE WHERE YOU LIVE E LOVE WHERE YOU LIVE LOVE WHER ERE YOU LIVE LOVE WHERE YOU LIVE E LOVE WHERE YOU LIVE LOVE WHER ERE YOU LIVE LOVE WHERE YOU LIVE E LOVE WHERE YOU LIVE LOVE WHER ERE YOU LIVE LOVE WHERE YOU LIVE E LOVE WHERE YOU LIVE LOVE WHER ERE YOU LIVE LOVE WHERE YOU LIVE E LOVE WHERE YOU LIVE LOVE WHER ERE YOU LIVE LOVE WHERE YOU LIVE E LOVE WHERE YOU LIVE LOVE WHER ERE YOU LIVE LOVE WHERE YOU LIVE E LOVE WHERE YOU LIVE LOVE WHER ERE YOU LIVE LOVE WHERE YOU LIVE E LOVE WHERE YOU LIVE LOVE WHER PROUD HOMEOWNER AT LEWIS HONEY TOWNS & SEMIS IN AURORA

FIRST-TIME HOMEOWNERS AT FIRSTHOME™LONG VALLEY PHASE ONE IN MISSISSAUGA

HAPPY HOMEOWNERS AT THE CHELSEA IN DANIELS NY TOWERS COMMUNITY

RESIDENT GARDENING COMMITTEE AT FIRSTHOME TM HAZELTON PLACE IN MISSISSAUGA

EXCITED HOMEOWNERS AT HIGHLANDS TOWNHOMES IN NEWMARKET

PROUD HOMEOWNER AT ONEPARK WEST CONDOMINIUMS IN TORONTO’S REGENT PARK

HAPPY HOMEOWNERS AT THE BURKEBROOK TOWN MANORS AT KILGOUR ESTATE

HAPPY HOMEOWNER AT PAINTBOX CONDOMINIUMS IN TORONTO’S REGENT PARK

JOYFUL HOMEOWNERS AT ONEPARK WEST URBAN TOWNHOMES IN TORONTO’S REGENT PARK

RESIDENT GARDENING COMMITTEE AT ONEPARK WEST CONDOMINIUMS IN TORONTO’S REGENT PARK

FOR MORE INFORMATION ON DANIELS COMMUNITIES ACROSS THE GTA VISIT: www.DanielsHomes.ca

See what our homeowners are saying 12

2015 Condominium Builders’ Annual

#lovewhereyoulive

BILD Report

A new era

of home purchasing

by BRYAN TUCKEY

THERE IS A SIGNIFICANT DIFFERENCE BETWEEN SHOPPING FOR CONDOS

versus lowrise homes.

The GTA is a tale of two markets, with demand outpacing supply in the lowrise sector, leading to reduced choice for those looking to buy a groundrelated home. This means purchasers should be prepared to act quickly when they see their dream home, as it won’t be on the market for long. In many cases, the lowest-priced homes are purchased shortly after the sales office opens.

A recently launched project in East Gwillimbury featuring singles and townhomes sold out in a matter of hours!

While this doesn’t mean purchasers should rush into their decision, I feel it’s important to do your homework well in advance and figure out what type of home you are looking for, in what part of the GTA and at what cost.

Knowing how much you can afford is the first and most important step, and will greatly influence the remaining decisions you have to make. There are plenty of resources available to calculate how much you can afford to pay for your new home, such as Canada Mortgage and Housing Corp.’s free online mortgage calculator, but I would recommend reaching out to a professional mortgage broker.

Once you’ve figured out how much you can spend, it’s time to decide between size and location. If public transit and neighbourhood amenities are an important part of your everyday life, you’ll be looking to buy in the city of Toronto where more than 90 per cent of all new homes built are condos.

This is the result of provincial intensification objectives that our industry has been implementing since 2006.

As condo prices have stabilized over the last few years, the average price of a new condominium in the GTA is approximately $266,000 cheaper than that of a ground-related home. There is a good supply of new condominiums currently on the market, which serve as a good option for

many first-time buyers and downsizers, as well as people who prefer a more urban, amenity-rich lifestyle.

If you are an expanding family or need a larger space, chances are that you’ll be looking for a home in the 905 areas of the region. You will find that the supply of new ground-related homes has decreased significantly over the years, which resulted in a rapid price increase. A new groundrelated home in the GTA is now more than $710,000, decreasing as you move farther away from Toronto.

If you can afford it, you will benefit from continued price growth for years to come, but if you are lucky enough to find your dream home, don’t delay as it won’t sit on the market for long!

Bryan Tuckey is president and CEO of the Building Industry and Land Development Association and a land-use planner who has worked for municipal, regional and provincial governments. Follow BILD on Twitter @bildgta, facebook.com/bildgta and bildblogs.ca 2015 Condominium Builders’ Annual

13

Condo Keen You’ve outgrown your curfew and ready to start living 24/7.

Experience it all in a Menkes condominium, at the intersection of wherever you desire.

Family Focused Soccer practice, hockey practice and family fun all year round. Menkes gives you the space to slow life down and grow roots in Georgetown and East Gwillimbury.

The Next in Your Low-rise Ready You’ve been there, done that and stumbled upon your soulmate.

Time to trade the city lights for patio lanterns, in a Menkes townhome conveniently close to the life of the city.

menkes.com 14

Freebirds Once Again

Chapter Life Storey

The kids have flown the roost and now you talk with them on Twitter.

Time to migrate back to a carefree lifestyle in the city and enjoy Sunday brunch‌ after that all-important lie-in.

Start Something New with Menkes For over 60 years, Menkes has focused on building homes and condominiums to suit every stage of your life in Toronto’s most desirable locations. Come home to Menkes today, where your life storey always begins and ends with total customer satisfaction.

Facebook.com/MenkesLife

@MenkesLife 15

16

THE EGliNToN

GiBsoN squarE

pEars

Coming Soon - This new condominium moves to the beat of one of the city’s most desirable neighbourhoods.

Yonge & Eglinton Register now at menkes.com

Move In This Spring Yonge & Park Home North York 416.730.9722

Move In This Summer Avenue & Davenport Toronto 416.323.0100

HarBour plaza

faBrik

87 pETEr

365 CHurCH

Under Construction Harbour & York Toronto 416.591.7700

Under Construction Richmond & Spadina Toronto 416.591.7700

Construction Starting Peter & King Toronto 416.591.7700

Construction Starting Church & Carlton Toronto 416.591.7700

HomEToWN

HumBEr mEWs

DWEll CiTy ToWNs

Coming Soon Leslie & Green Lane East Gwillimbury Register now at menkes.com

Now Open Brown’s Line & Evans Etobicoke 416.259.2525

Now Open Burnhamthorpe & Hwy 427 Etobicoke 416.259.2525

THE ENClavEs of uppEr CaNaDa

Bloom

New Release Guelph & MacFarlane Georgetown 289.891.9103

Under Construction Bathurst & Finch North York 416.730.1600

2015 Condominium Builders’ Annual

Your life storey starts here with Menkes.

menkes.com

Condo Pro

Just why

are condos so popular?

by BARBARA LAWLOR WHEN YOU LOOK AT NEW HOME SALES STATISTICS OVER THE PAST FEW YEARS, it is increasingly evident that highrise condominiums are the

residences of choice for the majority of buyers. Continually, highrise sales take more than 50 per cent of the market. I remember when I started in the industry in 1987, condo sales represented only five per cent of sales. The recent phenomenon stems from a variety of factors, beginning with price.

RealNet Canada Inc. statistics for 2014 showed that at the end of the year, the average price of a lowrise home reached a record high of $705,813, and highrise came in at $454,476. When you look at the difference, it makes perfect sense that affordability is a key deciding factor in the highrise versus lowrise decision – especially for first-time buyers. Of course, all homebuyers are fortunate to be taking advantage of historically low mortgage interest rates here in Canada.

Interestingly, price is only one ingredient in the condominium popularity pie. The choice has emotional connotations as well. Overall, the purchase of real estate is emotional, because for most people, it is the biggest investment they will make in their lives. Taking this sentiment to another level, the decision to go condominium also satisfies the deep desire to free up time for leisure in this frantic world we live in. This is so important to Millennials (consumers between the ages of 20 and 34), for example, that they will pay more to live in a new condominium, whether they are renting or buying. Condo living is simply more carefree. With maintenance fees covering the upkeep, cleaning and repair of the building’s amenities and exterior, residents can spend whatever free time they have relaxing, exercising, entertaining and just enjoying life.

And oh, how wonderful it is, when gorgeous amenities are but an elevator ride away. It’s about the lifestyle residents can have without leaving the building. Working out in the gym, enjoying a swim in the pool, challenging friends to a game of billiards, barbecuing within a spectacular rooftop setting – you get the picture. It’s all there waiting for you, without the responsibility of caring for these uncommonly beautiful common areas.

Condominium residents of all ages appreciate condo living, including parents who want to spend more time with their children and emptynesters who love to travel without worrying about maintaining a lowrise home while they are away. Everyone in a condo also benefits from feeling secure in buildings where concierges provide eyes on the street 24/7.

New condo owners also love having the latest in materials, construction quality and eco features in their suites. Today’s standard features are more luxurious than ever before, and as for upgrades, well, the sky really is the

limit. Buyers have so much choice that at their colour selection appointments, they can personalize their surroundings to suit their tastes. Nowadays, suite designs are so well thought out that they “live” as effectively as lowrise layouts, with no wasted space in hallways and such. Dens can become nurseries or guest bedrooms, and open-concept main living areas can accommodate sofa beds and other multipurpose furnishings. As for condo exteriors, these stunning building designs span the gamut from European traditional to avantgarde modern. Adding to the appeal, condos are situated close to amenities and public transportation access for convenience.

Last year was our third-strongest year ever for condo sales in the GTA. With lowrise prices skyrocketing and the amount of land left for development in the GTA dwindling, it’s no wonder condos have overtaken traditional lowrise homes as the preferred lifestyle choice for multiple generations. Condos really are king!

Barbara Lawlor is president and CEO of Baker Real Estate Incorporated 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 17

Lanterra Developments is a leader in the GTA real estate industry with a comprehensive scale of operations that includes Land Acquisition, Residential Design & Development, Construction, Marketing, Property Management, Rental Management and support services. Lanterra’s mission is to create landmark urban communities, distinguished by outstanding location, iconic architecture and inspired amenities.

Lanterra works with leading-edge architects and designers who take pride in envisioning new frontiers in building design. Lanterra’s guiding philosophy goes beyond just condominium building to dynamic urban revitalization and putting Toronto on the global map as the new city of the future.

building set to rise on Toronto’s most iconic street. TeaHouse at 501 Yonge Street is your welcome respite, your serene retreat from the vibrant energy of downtown life. Feel your world restored to balance the moment you arrive home. Here, the modern and the natural come together. Time-honoured traditions are given new life. And all the elements coexist in perfect harmony.

Amidst the beating heart of the city, two worlds meet. This is where inspiration meets inspired design. Where tranquil living meets the energy of life. This is where East meets West.

Welcome to harmonious living. Welcome to TeaHouse.

The culture and design traditions of Asia are the inspiration for a new landmark 18

2015 Condominium Builders’ Annual

GOLD WINNER INTERNATIONAL COMMUNITY OF THE YEAR – By the North American Home Builders Association

REGISTER NOW FOR PHASE 2

Asian Inspired City Living at 501 Yonge from $199,900 TEAHOUSECONDOS.com 416.861.1111

A DYNAMIC URBAN VISION

LA PIAZZA

TREVISO CONDOMINIUMS Inspired by the grand piazzas and breathtaking natural beauty of Treviso in Italy comes a stunning new residence that celebrates the timeless Italian tradition and way of life. The beauty and brilliance of Treviso includes a magnificent garden courtyard and landscaped terrace for entertainment, outdoor rooftop pool and hot tub and an exquisite collection of suite designs. Other amenities include a state-ofthe-art fitness centre and sauna, and an elegant party room with bar that spills out on to a landscaped courtyard decorated with fire pits and barbecue stations. Italian inspired living at Dufferin & Lawrence, steps to TTC, subway, highways and minutes to Yorkdale Mall.

Welcome to the soul of Italy in the heart of North York.

NOW SELLING TOWERS 1, 2 & 3 Tower 1 Now Occupying Tower 2 Under Construction Tower 3 Pre Construction Pricing

2015 Condominium Builders’ Annual

19

RIVERHOUSE CONDOMINIUMS TOUR A MODERN DAY MASTERPIECE VIEW ACTUAL READY TO MOVE IN SUITES AND ALL AMENITIES A mere stone’s throw from Bloor West Village and Etienne Brule Park, the Old Mill neighbourhood is one of Toronto’s rare gems where history and nature co-exist in sublime harmony. Here on the banks of the Humber River, Lanterra Developments is creating an aristocratic residence, steeped in heritage and embellished with the most ornate appointments. Welcome to the Riverhouse at The Old Mill. From the iconic grand lobby to the fine lifestyle amenities, every detail has been thoughtfully designed to evoke elegance and sophistication.

Designed by award-winning Page + Steele / IBI Group Architects, this intimate 11-storey condominium features just 101 suites within a classic exterior of brick, precast stone and glass. Gorgeous amenities include the sophisticated lobby, indoor pool and hot tub with outdoor terrace, party room with caterer’s kitchen, fireplace lounge adjacent to the River Room with gorgeous views, exercise, steam and change rooms.

ONLY 5% DEPOSIT! Only a few move in ready suites remain.

RIVERHOUSECONDOS.CA 416.766.7343

BUILDING THESE FINE CONDOMINIUMS

501 YONGE STREET 11 Wellesley St. between Bay & Yonge Entrance on Breadalbane St. 416-861-1111 teahousecondos.com

11 WELLESLEY ON THE PARK Bay & Yonge 11 Wellesley St. W. 416-861-1111 11wellesley.com

UNDER CONSTRUCTION

COMPLETED COMMUNITIES

20

2015 Condominium Builders’ Annual

THE BRITT RESIDENCES Bay & Wellesley 955 Bay St, Toronto 416-926-1669 thebrittcondos.com

TREVISO III RESIDENZE PALAZZO CONDOMINIUMS Northeast corner Dufferin and Lawrence, Toronto 416-787-8882 trevisocondos.com

Design Technology Experience (pick any three)

21

Rise Higher For 40 years Great Gulf has continued to transform the way homes are built. Our cornerstones are great locations, striking designs, construction technology, and an unwavering commitment to improving your home buying experience. By partnering with world-class designers and architects we’re continually advancing building technology and re-defining the Toronto skyline. The end result is homes that are beautiful, delivered on time and quite simply, better built. Exceptional quality and value for today. Peace of

ONE BLOOR

mind for the years ahead. That’s the

It’s the address that says it all: One Bloor. And while the location alone speaks volumes, it’s the stunning tower rising above it that stands poised to not only elevate, but re-define the neighbourhood that surrounds it.

Great Gulf difference.

onebloor.com Illustrations are artists’ impressions.

Prices, sizes and specifications subject to change without notice. E & OE.

22

MONDE

YONGE + RICH

Designed by renowned architect Moshe Safdie, Monde is a whole new world on the water and the centerpiece of Toronto’s next great neighbourhood.

Construction of this landmark 44-floor tower on the edge of Lake Ontario begins Spring 2015.

This soaring 45-storey structure is situated not only at the epicentre of downtown Toronto, but also in the financial heart of the country.

A world of culture and commerce is quite literally at your doorstep.

mondecondominiums.com

yongeandrich.com

GREATGULF.COM

23

Mortgage Matters

Size matters when it comes to

mortgaging micro condos

by ALYSSA RICHARD

SIZE DOES MATTER, APPARENTLY, WHEN IT COMES TO MICRO CONDOS – specifically, when it comes to mortgaging one of these mini units.

Popular in densely populated cities in Japan, and even in New York, these units that measure 500 sq. ft. or less are slowly growing market share in Canada.

A micro condo with a mini mortgage may appeal to some buyers, notably young professionals who want to live in the downtown core.

Bankers, on the other hand, see the issue a little differently. Lenders such as Scotiabank and TD reportedly have policies that restrict mortgages for units of less than 600 sq. ft.

“Lenders are hesitant about these units, as many are not familiar with this type of asset,” says James Laird of CanWise Financial. “They continue to look at the asset and assess each (application) on a case-by-case analysis. For example, if it is a project that has sold out – or is near to selling out – and in a good part of the city, lenders will be more inclined to finance it.

“If a buyer walks into some banks and just asks for a mortgage on a micro condo, without knowing these individual restrictions, they could be denied straight away,” says Laird. “Only an experienced mortgage broker will know which lenders are more open to lending on these units.”

As these condos become more popular, lenders are likely to relax their restrictions, Laird says. The industry is trending in the direction of smaller unit sizes, to address buyer demands for more affordable options. Smaller units mean lower prices.

“Ten years ago, the average size of a condo was 800 to 900 sq. ft. Five years ago, the average was 500 to 800 sq. ft.

But now those same units cost between $650,000 and $700,000 (in Toronto),” says Roy Bhandari from TalkCondo, a realty firm specializing in pre-construction condos.

“Not everyone can afford this size of units, so developers started building condos to match the budgets and lifestyles of new buyers.”

Developers are also being creative with their designs, Bhandari says. Micro condos typically offer features that maximize space, such as built-in closets and integrated appliances such as a combination washer and dryer.

With some micro condos starting at just $220,000, the price tag appeals to young buyers. Many of them prefer location and proximity to amenities over space. Smaller units also mean lower condo fees, further addressing the affordability concern.

“These smaller units are not a passing trend,” says Bhandari, adding that they may soon become the norm in major Canadian cities. Consumer demand, then, may cause more lenders to loosen their financing restrictions on micro condos.

Alyssa Richard is the founder and CEO of ratehub.ca, a mortgage rate comparison site that aims to empower Canadians to make smart financial decisions.

24

2015 Condominium Builders’ Annual

20 YEARS MAKING COMMUNITIES

E M P I R E C O M M U N IT I E S We create inspiring new places to live. By being pioneers in our industry, by giving more and by caring for the world around us, with designs that make luxury more affordable.

L I V I N G O U R WO R K We’ve built more than 10,000 new homes and condos across Southwestern Ontario and the GTA. And we have more than 20,000 fully planned homes on the way. For us, life revolves around giving our best, thinking differently and treating every single person with respect.

This attitude has helped us grow from a small, single-project property developer to one of Canada’s largest homebuilders. Beyond this, it drives our ability to make a positive impact.

LOV I N G O U R RO OT S We opened our doors as Empire Communities in 1993.

But our story begins long before that. Our founders’ families have played a major role in the development of Southwestern Ontario and the GTA since the 1960s.

They have contributed to the construction of landmarks like the Rogers Centre, Scotia Plaza and the Gardiner Expressway. Today, we continue this legacy at Empire.

LOV E L I F E , L I V E E M P I R E We love doing what we do, because it’s fun to see people thrive in their community. This simple joy drives us to design homes, condos and neighbourhoods that enhance the way people live and interact, every day.

See what we do best >

2015 Condominium Builders’ Annual

25

MASTER PLANNED LIVING At Empire we create vibrant,

With its two sleek towers, Eau Du

Eau Du Soleil brings 40,000

connected communities from the

Soleil is set to be one of Canada’s

square feet of new retail space

ground up. That means finding

tallest waterfront communities.

to the area. With regular Empire

the right land, building the best

It’s easy to love life here, with

contributions to local street

homes and defining distinct

spa-inspired amenities like our

festivals and arts initiatives,

neighbourhoods.

indoor salt water pool, exclusive

Eau Du Soleil is our powerful

Sky and Water Lounge and

vision of master-planned

Just look at Eau Du Soleil, our

CrossFit training zone.

condo living.

ultimate waterfront address in Toronto, Ontario. This is resort-

Plus, it’s a pleasure to find

And with the new park we’re

inspired living for people who love

yourself minutes from the

building adjacent to the towers,

city life and crave the escape of

shoreline, boardwalk and trails

Eau Du Soleil will be a staple

sweeping vistas, with nature just

of the Humber Bay Shores.

of waterfront living in Toronto.

EAU DU SOLEIL

THE HUB

RAIN

Toronto

Toronto

Oakville

Waterfront living from the mid $300’s

Suites from the mid $200’s

Under Construction

Now Open

Now Open

SENSES

BEYOND THE SEA

Toronto

Oakville

Toronto

Sold Out

Resort style living from $219,990*

Urban ravines from the mid $600’s

Now Open

Move in Now

TEN88

FLY

Toronto

Toronto

Rooftop terrace towns from the $300’s

Downtown suites from the $500’s

Now Open

Move in Now

VILLAGIO

SCHOOLHOUSE

Maple

Toronto

around the corner.

Boutique condos from the $300’s Now Open

Annex living from the $900’s Move in Now

MODERN

THE CONTINENTAL Toronto Sold Out

VINEYARDS Richmond Hill Sold Out

EMPIRE PLACE Richmond Hill Sold Out

Learn more about our master-planned communities, our condos and our homes at empirecommunities.com *Prices, sizes and specifications are subject to change without notice. Rendering is ar tists’ concept.

26

E xclusive listing brokerage: T F N Realit y Inc. Brokers Protected. E. & O. E.

EAU DU SOLEIL, AN EXQUISITE WATERFRONT LANDMARK.

27

GET SOCIAL

social media

directory

and STAY CONNECTED

A LIST OF SOCIAL MEDIA PAGES FROM GTA BUILDERS AND DEVELOPERS TO HELP YOU STAY CONNECTED

Aspen Ridge Homes facebook.com/AspenRidgeHomes

Aspen Ridge Homes @aspenridgehomes

The Daniels Corporation youtube.com/user/TheDanielsCorp

Camrost Felcorp facebook.com/CamrostFelcorp

Camrost Felcorp @camrost

Empire Communities youtube.com/empirecommunities

The Daniels Corporation facebook.com/thedanielscorporation

The Daniels Corporation @TheDanielsCorp

Lanterra Developments youtube.com/user/LanterraDevelopments

Dundee Kilmer Developments facebook.com/thecanarydistrict

Dundee Kilmer Developments @canarydistrict

Empire Communities facebook.com/EmpireCommunities

Edenshaw Developments @chazyorkville

Great Gulf facebook.com/greatgulf

Empire Communities @Empire_Living

Lanterra Developments facebook.com/LanterraDevelopments

Lanterra Developments @LanterraDev

Lash Group facebook.com/LashGroupCA

Lash Group @LashGroupCA

Empire Communities pinterest.com/empireliving

Lifetime Developments facebook.com/LifetimeDevelopments

Lifetime Developments @Lifetime_Dev

Lash Group pinterest.com/LashGroupCA

Lindvest facebook.com/LindvestLifeHappensHere

Lindvest twitter.com/lindvest

Lifetime Developments pinterest.com/LifetimeDev

linkedin.com/company/the-daniels-corporation

Menkes Developments facebook.com/MenkesLife

Menkes Developments @MenkesLife

Menkes Developments pinterest.com/menkeslife

linkedin.com/company/empire-communities

Monarch Corporation facebook.com/monarchcorp

Monarch Corporation @monarch_group

Pemberton Group Follow us at: Pemberton Group

Pemberton Group @pembertongroup

Pinnacle International facebook.com/pinnacleinternational

Pinnacle International @PinnacleINTL

Plaza facebook.com/PurePlaza

Plaza @pureplaza Tribute Communities @mytributehome

28

2015 Condominium Builders’ Annual

Menkes Developments youtube.com/menkesvideos Pinnacle International youtube.com/PinnacleINTL

The Daniels Corporation instagram.com/thedanielscorp Empire Communities instagram.com/empire_living Lash Group instagram.com/LashGroupCA Menkes Developments instagram.com/menkeslife Monarch Corporation instagram.com/monarch_group Pinnacle International instagram.com/pinnacleintl

The Daniels Corporation pinterest.com/thedanielscorp

Tribute instagram.com/mytributehome

The Daniels Corporation Empire Communities Menkes Developments linkedin.com/company/menkes-developments-ltd

Pinnacle International Pinnacle International Realty Group Lash Group blog.lashgroup.ca

Plaza linkedin.com/PurePlaza

Lifetime Developments lifetimedevelopments.com/category/blog Lindvest plus.google.com/+Lindvest

OMEGA

ON THE PARK joins Opus tower in master-planned community by Concord Adex ANOTHER ADDITION TO THE MASTER-PLANNED Concord Park Place is coming in the form of a 35-storey Page + Steele / IBI Group Architects-designed tower. Omega

Suites at Omega will range from efficiently designed 448-sq.-ft. one-

on the Park will contain 374 condominium suites and rise to the west of its sister tower,

bedrooms up to spacious three-bedrooms

Opus.

of 1,118 sq. ft. All suites will feature

Both Opus and Omega on the Park will be connected with a tall glass-clad lobby designed to create a pleasing first impression for residents and guests. The

the same high-quality finishes as its sister building Opus, including Carrara

transparency of the glass also allows for clear views of the inner courtyard shared

marble backsplashes, composite quartz

between the two towers.

countertops, thermofoil cabinetry with

At the south end of the complex facing Hwy. 401, large amenity spaces provide residents access to tennis, volleyball and badminton courts, a full-sized basketball

open display shelving, AEG and Liebherr appliances, under-mount sinks and LED

court, bowling, a golf putting green and a party lounge. In addition to the courtyard

lighting under the kitchen cabinets. Large

and sports amenities, a fitness gym with a children’s play area, pet spa and dining

balconies run alongside the full length

area are offered exclusively to Omega on the Park and Opus residents. Future

of the suites, many of which will provide

phases immediately to the west of Omega on the Park and Opus will house several

excellent views of the park.

other amenities, including a pool, yoga studio and spa.

Though residents should have no problem getting around the city on the

Washroom features at Omega include polished Carrara marble wall

subway, Concord Adex also operates an extra amenity in the form of a shuttle bus.

tiles, honed Carrara marble floor tiles, as

The exclusive shuttle bus picks residents up at their doorstep and takes them to

well as quartz countertops, under-mount

the Sheppard subway line and to the Oriole GO station. During off-peak hours, the

sinks and custom medicine cabinets with

shuttle also travels to popular destinations in the area including Fairview Mall and

shelving, mirrors and

Bayview Village. Omega is also minutes away from major highways including Hwy.

built-in lighting.

401 and the Don Valley Parkway/404.

One of the defining features of Concord Park Place will be the green space

For more information about Omega

from which the community is named. Plans for the park are a work in progress, but

on the Park, visit concordparkplace.ca,

currently include a splash pad and a skating rink, ensuring the space is usable

call 416.813.2999, or visit the Concord

throughout all four seasons. “It’s not just a park but an amenity for our residents as

Park Place presentation centre at

well,” says Concord Adex’s senior manager of project marketing, Brian Fong. The

1001 Sheppard Ave. E. Hours are:

current plans for the park include a central plaza and a connected pathway

Monday to Friday 11 a.m. to 7 p.m.,

bisecting the site. Omega on the Park and Opus sit in the southeast corner of the

Saturday and Sunday 11 a.m. to 6 p.m.

lands. Since the green space will be a major focal point of Concord Park Place, Omega on the Park residents will have unobstructed views of the surrounding area, with no threat of future projects blocking their views.

2015 Condominium Builders’ Annual

29

30

31

OHBA Report

Innovative & affordable SIX-STOREY WOOD HOUSING COMING TO A NEIGHBOURHOOD NEAR YOU

by JOE VACCARO, CEO ONTARIO HOME BUILDERS’ ASSOCIATION

IF YOU ARE LOOKING TO BUY A NEW HOME in the near future, you can expect to see some new, innovative and safe housing options to choose from in the GTA and across Ontario.

Last year, the Ontario government made changes to the Ontario Building Code (OBC) that now permits six-storey wood residential construction in our province as of January 2015. And that’s great news for consumers, municipalities and builders.

The arrival of six-storey construction in Ontario means there will be new housing, rental and mixed-use options for consumers, businesses and municipalities – and that ultimately means more choices for homebuyers – offering a variety of sizes and design features for people of all ages and different budgets. Prior to these OBC

32

2015 Condominium Builders’ Annual

amendments, builders in the province were restricted to fourstorey wood frame construction.

Six-storey wood construction is currently being built in many countries around the world, and has been available in British Columbia since 2009. Since then, more than 5,000 units have been built in BC. When the Ontario government initiated a technical consultation on six-storey wood, it wanted to balance two primary “made in Ontario” objectives – to help increase opportunities for designers

DESIGN. LOCATION. STYLE. DESIGN. LOCATION. PASSION.STYLE. TRUST. PASSION. TRUST.

— Maria Athanasoulis President, Marketing and Sales

“

“

AT CRESFORD, WE BELIEVE THAT HOME IS THE FEELING OF HAPPINESS. IT’S FINDING YOURSELF IN A PLACE THAT YOU LOVE, THAT GIVES YOU COMFORT, THAT MAKES YOU REALIZE THERE’S NOWHERE ELSE YOU’D RATHER BE LIVING.

AT CRESFORD, WE BELIEVE IN PURSUING EXCELLENCE IN EVERY FACET OF WHAT WE DO. THAT INCLUDES WORKING WITH SOME OF THE INDUSTRY’S BEST AND BRIGHTEST TO BRING OUR EXCITING CONDOMINIUM BRANDS TO LIFE. From coveted locations to fashion-forward design to sophisticated amenities, Cresford Developments defines the essence of luxury condominium living. The first residential developer in Canada to dress up their condominiums with international fashion labels, Cresford is renowned for superb quality and attention to detail. A trusted name in the market for over 40 years, a Cresford condominium inspires confidence and security. Cresford continually strives to provide Homeowners with quality assurance, a sense of security and trust and the best possible product on the market. This drive and commitment to servicing their Clientele has become synonymous with the Cresford brand.

N

O

W

S

E

L

L

I

N

G

PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. ILLUSTRATIONS ARE ARTIST CONCEPT. E.&O.E.

BAY & BLOOR

YORKVILLE

YORKVILLE

YONGE & WELLESLEY

WELL UNDER CONSTRUCTION MOVE IN STARTS WINTER 2015 416.485.3000 1THOUSANDBAY.COM

WELL UNDER CONSTRUCTION MOVE IN STARTS WINTER 2015 PENTHOUSES STARTING FROM $1,449,900 416.486.CASA (2272) CASA2CONDOMINIUMS.COM

UNDER CONSTRUCTION MOVE IN STARTS WINTER 2017 PENTHOUSES STARTING FROM $799,900 416.486.CASA (2272) CASACONDOMINIUM.COM

UNDER CONSTRUCTION PENTHOUSES COMING SOON FURNISHED BY DIESEL LIVING 416.485.3000 VOXCONDOMINIUMS.COM

LUXURY. THE NEW STANDARD. At Cresford our passion is condominiums. Everyday we are motivated to get ahead of the curve and create Toronto’s next great neighbourhood. To do so, we go to great lengths to find new and fresh design ideas. Not only have we scoured the globe to deliver timeless design to our developments, we have also made it our commitment to listen to consumer demands so we can create a product that is truly special.

Our forward thinking approach maintains that we see trends before they happen. We are committed to pairing our condominiums with international fashion labels and maintaining longstanding partnerships with superior brands such as Scavolini and Kohler. Our standards start at finding the right location and ensuring the following are applied - exceptional architecture, 9 foot ceilings, an abundance of outdoor space, well designed amenities and keeping the consumer in mind when designing each floorplan layout. This formula has helped our past developments increase in value and serve as important addresses throughout the city. Cresford has a reputation of building high quality, liveable condominiums that you can trust.

CASA III MODEL SUITE INTERIOR

CRESFORD CONDOMINIUM GALLERY

WHEN THE ONTARIO GOVERNMENT INITIATED A TECHNICAL CONSULTATION ON SIX-STOREY WOOD, IT WANTED TO BALANCE TWO PRIMARY “MADE IN ONTARIO” OBJECTIVES – TO HELP INCREASE OPPORTUNITIES FOR DESIGNERS AND BUILDERS TO CREATE INNOVATIVE, FLEXIBLE AND AFFORDABLE NEW BUILDINGS AND TO MAINTAIN ONTARIO’S HIGH FIRE SAFETY STANDARDS and builders to create innovative, flexible and affordable new buildings and to maintain Ontario’s high fire safety standards for both the public and fire service personnel.

Thanks to wide-ranging, extensive consultations with many organizations involved in the residential construction industry and with Ontario fire officials, both of those objectives have been accomplished within the new Code amendments. The Ontario Home Builders’ Association (OHBA) and other stakeholder groups including the Building Industry and Land Development Association (BILD), RESCON, the Canadian Wood Council and the Ontario Association of Architects (OAA) fully supported the provincial government’s desire to allow this innovative housing option in Ontario. And here are some reasons why: » The idea of building midrise residential and mixed-use buildings on urban corridors throughout the GTA and Ontario is a fundamental component of creating sustainable cities and regions.

Ontario is confident that six-storey wood construction will be a safe, community-friendly option for midrise construction. And with an increasing planning emphasis on the need to build higher density, mixed-use communities in the GTA and across Ontario, wood-frame buildings will provide yet another opportunity for builders, architects and designers to be creative with some innovative housing designs.

Builders and developers in Ontario’s housing industry are excited about this new housing option for their customers and are already meeting with municipal planners to develop best practices to provide this form of housing in communities across the province.

More housing choice, construction innovation and flexibility – great opportunities await with six-storey wood homes in Ontario.

» At a time when the market is dominated by either highrise or lowrise building, six-storey wood construction would add another option to the market. » Wood construction is an excellent choice for any residential, commercial, industrial or public building – it has a low environmental impact, is safe, durable and aesthetically appealing. » These are safe buildings, with full sprinkler systems and inspected by the local municipality. » Expected benefits in Ontario include increased availability of housing options for consumers, increased tax base for municipalities, a minimized carbon footprint of building construction and job creation. » Use of Ontario/Canadian wood products is good for the economy and the environment.

Joe Vaccaro is CEO of the Ontario Home Builders’ Association, the voice of the residential construction industry in Ontario representing 4,000 member companies organized into 31 local associations across the province. The industry contributes more than $42 billion to Ontario’s economy, employing more than 325,000 people across the province.

2015 Condominium Builders’ Annual

33

35

36

experience. vision. leadership.

Blue Diamond Yonge & St. Clair

Yorkville Plaza Yorkville & Avenue

Imperial Plaza Yonge & St. Clair

Yorkville Plaza II Yorkville & Avenue

building luxury, distinction and style For Camrost-Felcorp, building luxurious residences with iconic addresses has come to define this condominium industry leader.

From Yorkville, to Deer Park, to King East, to Forest Hill, Camrost-Felcorp earned a reputation for developing luxurious, distinctive and stylish condominium residences in some of Toronto’s most luxurious, distinctive and stylish neighbourhoods.

Whether the company has been leading the renewal of Toronto’s venerable Yorkville neighbourhood, with the redevelopment of the former Four Seasons hotel into a distinctive multiphase condominium and commercial project, or the decision to reimagine and redevelop the former headquarters of Imperial Oil from an iconic office tower, to an award-winning, chic new condominium address on St Clair, CamrostFelcorp has a unique ability to see what others don’t and deliver what some thought was impossible.

2015 Condominium Builders’ Annual

37

38

2015 Condominium Builders’ Annual

Imperial Plaza Indoor Pool

Billiards And Games Room

Library/Lounge

Perched atop the Avenue Road hill, the 26 storey Blue Diamond will present its residents with remarkable city vistas all year round. Due to the elevation, living on the fourth floor here is comparable to living 20-storeys or higher downtown in terms of the views.

In addition to the amenities in the building, residents of Blue Diamond will be able to enjoy the 20,000 square feet of amenities situated next door at Imperial Plaza. These include an indoor pool, squash courts, golf simulator, yoga studio, private training room, screen room and sound studios.

Blue Diamond, like Imperial Plaza, Yorkville Plaza, The Avenue and several other notable residential projects before it, continues the company’s legacy for developing luxurious, distinctive and stylish condominium residences in some of Toronto’s most luxurious, distinctive and stylish neighbourhoods.

To find out more about these Camrost-Felcorp developments, visit www.camrost-felcorp.com

2015 Condominium Builders’ Annual

39

CANARY DISTRICT

TORONTO’S BIGGEST URBAN VILLAGE A new master vision is rising in the downtown east, mere minutes from the downtown core. Canary District is Toronto’s biggest urban village, a 35-acre award winning, master-planned community that includes the brand new Corktown Common park, Toronto’s flagship new YMCA, George Brown College’s newest campus residence, new transit routes, shopping, dining and so much more. Home to the Pan Am/Parapan Am Games Athletes’ Village, Canary District is a sustainable, pedestrianfriendly, live-work-play community offering an active healthy lifestyle. There’s no community like it so close to downtown.

PROMENADE TO THE 21ST CENTURY

BUILT TO LEED GOLD STANDARDS

Approximately 1,000 ft. of Front Street will be transformed into a vibrant, pedestrian-friendly, colourful European-style promenade lined by cafes, boutiques and retail shops. Made for walking, the Front Street Promenade will be beautifully landscaped with trees, parkettes, benches and gathering spaces.

Canary District is built to LEED Canada Gold Certification, City of Toronto’s Toronto Green Standard and Waterfront Toronto’s LEED Gold Certification. Canary District is designed to be open, inclusive and welcoming as a shining model of 21st century city building.

DESIGNED FOR A HEALTHY ACTIVE LIFESTYLE! Canary District is a community where health and wellness thrive with walkable streets and a location just steps to 1, 800 km of hiking and biking trails. The new Corktown Common park centers the Canary District community around active, healthy living. Exciting new retailers, restaurants and cafes will promote the concept of living and eating well.

MAYOR JOHN TORY’S MAYOR JOHN TORY’S PROPOSED

SmartTrack

MAYOR JOHN TORY’S

Unionville

SmartTrack

14th Street Milliken

Unionville

Finch

14th Street Milliken

Agincourt

WORLD’S MOST INTELLIGENT COMMUNITY OF 2014

Finch

Matheson/Airport Corporate Centre Matheson/Airport Corporate Centre

Kipling

Mt. Dennis

Scarlett/Jane

Kipling

Agincourt

Mt. Dennis

Scarlett/Jane

Ellesmere

Lawrence East

Ellesmere

St. Clair West

Lawrence East

St. Clair West

Kennedy

Kennedy

Yonge University-Spadina

Bloor-Danforth Sheppard Eglinton Crosstown Smart Track

Scarborough

Bloor-Danforth Sheppard Eglinton Crosstown Smart Track

Liberty Village Spadina

Union

Gerrard

Gerrard

Queen

Queen

Unilever

Liberty Village Spadina

Union

Live Connected at Canary District: Walk Score of 93, Transit Score of Bike Score of 100

97,

Unilever

ALL ROADS LEAD TO CANARY DISTRICT

 New Bayview Street extension to public spaces in the area

Canary District is steps to the Distillery District, Leslieville, the Beaches and is just minutes to the downtown core by bus, streetcar and subway. The new Cherry Street streetcar line will provide added transit choices for residents. Close to DVP and Gardiner, Canary District is very well-connected to all parts of Toronto.

 Planned new GO Station at the foot of Cherry Street

AWARDS

 New Cherry Street streetcar from King Street to Mill Street

40

Main St.

Main St.

Yonge University-Spadina

Ranked most intelligent community in the world in 2014, Canary District will be home to Canada’s first open-access, ultra-high-speed broadband community with smart buildings, smart healthcare, smart education and smart living. Internet speeds here will start from 500 megabits per second (Mbps), up to 1 gigabit per second (Gbps).

Scarborough

Dundas West

Dundas West

*These transit proposals are being considered by various levels of Government. Dundee Kilmer Developments is providing this for information purposes only. Dundee Kilmer Developments is not responsible for the development of these projects. Plans are subject to change and approval. Illustrations are artist’s concept. Specifications are subject to change. E.&.O.E.

Community of the Year 2014 BILD Awards

Community of the Year 2013 The Nationals Awards

2012 Canadian Architect Award of Excellence 2012 Canadian Architect Exclusive Listing: Baker Real Estate Incorporated, Brokerage. Brokers Protected. Prices and specifications are subject to change without notice. E. & O.E.

CONTACT US TODAY:

canarydistrict.com or 416.603.7576

CANARY DISTRICT BY THE NUMBERS

35 ACRE MASTER-PLANNED COMMUNITY 2,500 HOMES IN MULTIPLE PHASES 40,000+ SQUARE FEET OF RETAIL SPACE 18 ACRE CORKTOWN COMMON PARK 82,000 SQ. FT. COPPER KOO FAMILY YMCA GEORGE BROWN 500 STUDENT COLLEGE RESIDENCE

5 MINUTES TO DOWNTOWN CORE 1 ST MOST INTELLIGENT COMMUNITY IN THE WORLD CONDOS FROM THE MID $200’s – MOVE IN SPRING 2016!

ACTUAL PHOTOGRAPHY OF CANARY PARK CONDOS SPENCER WYNN 41

are you

NT

FRO

ST.

RRY

ST.

N

ST.

.

L ST

MIL

NT

FRO

CHE

Exclusive Listing: Baker Real Estate Incorporated, Brokerage. Brokers Protected. Prices and specifications are subject to change without notice. E. & O.E.

42

RN

CANARY PARK CONDO

E. AV

E ST EA

ST.

retail, dining, schools, YMCA and more. Move in Spring 2016

canarydistrict.com 416.603.7576

K

ENT

Games Athletes’ Village. Live connected minutes to downtown, steps from transit, parks,

ERN AVE.

OLD EAST

.

.E ST

ST. ITY TRIN

The Award Winning Canary Park Condominiums, home to the CIBC Pan Am/Parapan Am

ST.

G IN

M LIA PAR

$200’s

EN

QUE

E.

Healthy, Active Condo Living in the Downtown East

Suites from the mid

BAYVIEW AV

game?

@canarydistrict

/thecanarydistrict

Legally Speaking

What is a condo,

anyway?

by JAYSON SCHWARZ

WHAT IS A CONDO? It is a creature of statute created

under the Condominium Act of Ontario as, among other things, a means of consumer protection through the imposition of certain time and disclosure requirements on their purchase and sale. A condominium is not necessarily just a highrise apartment. They can include townhouses, semi-detached or detached units. Condos can be industrial, commercial or residential. Condos also come in the form of common-element condominiums (where a number of homeowners share a central recreation facility), phased condominium corporations, vacant-land or leasehold condominiums.

How does it get there? The developer takes land and plans through many stages, which includes negotiating agreements with governmental authorities and utilities, and for residential condos, Tarion enrollment. Only then will the developer receive the necessary approvals to start construction. At the same time, the developer prepares with his lawyer the declaration, description and disclosure statement. Once the facility is constructed and passes inspection by the Municipality, purchasers may be given occupancy or possession, but title has to wait. After all the paperwork has been approved, the Ministry of Housing inspects and approves the project for release. The developer then registers the appropriate documents and advises purchasers it is time for the final closing, at which point the purchaser gets the deed.

What do I own personally? In most cases, you own the interior of your unit to half-way through the walls, floors and ceiling, and your proportionate share of the common elements – all of which is outlined in the condominium documents you received.

Then there’s the question of a parking spot or storage locker. If these are included in your purchase, do you own them or do you have an exclusive-use arrangement? In order to get title to these elements it must be specified in the Agreement of Purchase and Sale. If you get exclusive use of the parking spot or storage locker, they’re owned by the condo corporation and used exclusively by you

pursuant to your agreement and subject to the by-laws and rules of the condo corporation.

What is a Status Certificate? A Status Certificate provides a wealth of information necessary to make educated decisions as a condo owner, including: › a statement of common expenses of the unit and default in payment (if any); › any increases since last budget and reasons for them; › any assessments levied; › outstanding judgments and legal actions (if any); › budget and financial statements; › copies of all agreements affecting the condo; › reserve fund details; › contemplated and actual financial, service and physical changes; and many other items.

Check sec 76(1) of the Condominium Act or ask your lawyer for a copy. The cost of obtaining a Status Certificate from the condo corporation is $100.

Why a condominium? Condos offer a different lifestyle to the consumer than freehold home ownership, and their composition is only limited by the imagination of builders and developers. There will be as many different options as there are creative people. What do I mean? How about a 4,000-sq.-ft. freestanding home on a one-acre estate lot that is freehold but the owner is part of a condominium corporation that participates in a water and sewer treatment plant and maintains its own security force?

Think outside the box. Today’s condos are a way to have your cake and eat it too.

Jayson Schwarz LL.M. is a Toronto real estate lawyer and partner in the law firm Schwarz Law LLP. Visit schwarzlaw.ca or email info@schwarzlaw.ca and send your questions, concerns, critiques and quandaries.

2015 Condominium Builders’ Annual

43

Aspire For A FresH ApproACH to Modern design.

Urban and urbane. Designer-decorated. Pure spectacle. Every Aspen ridge condominium suite is simply better by design. Standard finishes that feel signature. Dynamic suite layouts that are open concept, and open to today’s connected way of life. An aesthetic that is timeless and effortless. Designed the way you want to live. Truly aspiring.

aspenridgehomes.com 44

2015 Condominium Builders’ Annual

The arT of aspiraTional design studio is about art meets life. sophisticated. somewhat mysterious. and definitely open to interpretation. it’s the quintessential urban condominium, with dynamic amenity areas bursting at the seams with downtown vibe. studio is also home to oCadU’s new gallery and Café, an inviting destination for you to drink in the creativity on display by Canada’s University of the imagination.

ToronTo – noW oPEn 25 nelson street starting from the $300’s 647.352.7736 studiocondos.ca

Aspire to greAt design.

45

Aspire naTUre inspired. nature is the ultimate muse. set amidst acres of enchanting parks and parkland, scenic takes its design cues from the peaceful world it inhabits. There’s a serene spa-like ambience, warm and soothing common areas and an abundance of windows to keep you in touch with your glorious green surroundings. get away from it all and get it all, right here in Toronto.

ToronTo – MoDEL SUITES To VIEW Vanderhoof avenue and Brian peck Crescent Condos from the $200’s • Townhomes from the $630’s 416.805.1781 aspenridgehomes.com

Aspire to greAt design.

aspenridgehomes.com 46

Building Our Dreams Together 1955 – 2015

47

Building Our Dreams Together

On behalf of each and every Lash employee, past, present and even future, I want to thank you for helping us celebrate our 60th Anniversary. From our very beginning, in 1955, we have been building dreams together with our new home purchasers. The same principles still guide us today: a willingness to work hard to bring exceptional value to every project, genuine people whose character defines honesty and integrity, and the spirit of working as one of Toronoto’s oldest and most reputable builders.

1955 2015 TO

We’re proud of our rich history in residential high rise / low rise and commercial construction. Together let us help you build your dreams.

Larry Blankenstein, President

48

tel: 416.630.9393 email: info@lashgroup.ca blog: blog. lashgroup.ca

facebook.com/LashGroupCA twitter.com/LashGroupCA

lashgroup.ca

BUILDING OUR DRE A MS

TOGETHER

S CA R B O R O U G H / / M A R K H A M & E L L E S M E R E

E T O B I C O K E / / K I P L I N G & E ST H E R LO R R I E

ME – Markham and Ellesmere Living - a master-planned community of condominiums, townhomes and shops. This impressive community is the beginning of the neighbourhood’s renaissance and offers everything at your doorstep including the TTC, nearby schools, parks and more. Welcome to the lifestyle you deserve with a grand designer-inspired lobby including concierge and amenities that are second to none. ME’s 2 towers are linked by a podium featuring a rooftop deck with outdoor pool, cabanas, sundeck, lounging area, BBQ’s and dining areas. Other amenities include a multi-purpose room with full catering kitchen, state of the art fitness centre and sports lounge. All this at a price you can afford!

CLOUD9 – In North Etobicoke near Kipling and the 401. This 12 storey, 260 suite tower designed by E.I. Richmond Architects will be the first new multi-family development in this area in decades.

meliving.ca

As pioneers in neighbourhood transformation, the team behind Cloud9 has figured out an approach that manages to offer strong architecture and inspiring interior design at an affordable price point. With convenient access to major arteries, a variety of transit options, and a host of in-demand amenities such as the exclusive CLUB9 rooftop deck featuring lounge areas, barbecues, fitness centre, indoor pool and sun tanning deck, and party room with catering kitchen.

cloud9condos.ca UNDER CONSTRUCTION OCCUPANCY 2015

In partnership with

M I D T O W N / / B AT H U R ST & ST. C L A I R

M I D T O W N ( C O M I N G S O O N ) / / YO N G E & E G L I N T O N

BARRINGTON CONDOS – Good things come in threes. From the LASH Group of Companies and THE GOLDMAN Group developers and builders of 500 and 530 St. Clair Ave W. comes another landmark building.

DISTINCTION CONDOS – A mark of Distinction in the soughtafter Yonge Eglinton neighbourhood - one of Toronto’s hottest new residential and commercial areas. in addition to the transportation improvements, this vibrant area is seeing an large influx of new residents, who desire an urban lifestyle and appreciate being able to walk to neighbourhood restaurants, bars, cafes, shops or hope on the subway to work or play wherever they wish.

Ideally located at Bathurst Street and St. Clair Avenue west, the neighbourhood combines the beauty of Hyde Park with the eclectic hum of Soho with chic storefronts, fine eateries and quaint cafes not to mention the TTC and subways mere steps away. The Barrington will offer suites to fit everyone’s lifestyle. Choose from our Flats Collection with suites from 555 to 667 sq.ft. or the Knightsbridge Collection with suites from 734 to over 2200 sq.ft.

barringtoncondos.com

In partnership with

Destined to be a spectacular boutique building, the suites at Distinction will offer exceptional layouts and finishes with forever city views.

distinctioncondos.com

THE GOLDMAN GROUP

OTHER RECENT LASH PROJECTS:

lashgroup.ca 49

One of Toronto’s top condominium builders with over 3,200 sales in the last three years. *Prices and specifications subject to change without notice. Plaza® and Pure Plaza® are registered trademarks of Plazacorp Urban Residential Communities and used under license. All rights reserved. E.&O.E. February 2015. 25654

Pure opportunity.

MOVE IN NOW

Pure convenience A truly exceptional place to celebrate life in the heart of Liberty Village. Live moments from the Rogers Centre and Air Canada Centre, the Martin Goodman Trail, cultural events at Harbourfront, and the King West theatre district.

Pure luxury You’re just steps from all the best amenities, shopping, transit, dining, world-class entertainment, and of course Toronto’s downtown core. The Tower is a place that welcomes you with a grand yet personal sense of home.

Pure character Be par t of this vibrant downtown neighbourhood that seamlessly combines landmark 19th century buildings with today’s finest restaurants, boutiques, enter tainment and the famous St. Lawrence Market.

Pure freedom A cornerstone in the burgeoning Fort York neighbourhood, West Harbour City offers the best that life has to offer: recreation, transportation, shopping, dinin g an d a s t unnin g p ale t t e o f exceptional lifestyle amenities.

Keep updated by following us:

pureplaza.com

51

PURE PASSION. PURE PLAZA. ONE OF TORONTO’S TOP CONDOMINIUM BUILDERS WITH OVER 3,200 SALES IN THE LAST THREE YEARS.

NOW OPEN

PLAZA COMMUNITIES: MOVE IN NOW King West - Building Now Registered 65, 75, 85 East Liberty St., Toronto Sales Office located at 125 Western Battery Rd. 647.341.1731 The Tower - Building Now Registered 125 Western Battery Rd., Toronto Sales Office located at 125 Western Battery Rd. 647.341.1731 York Harbour Club 35 Bastion Street & 38 Grand Magazine Street, Toronto Sales Office located at 24 Grand Magazine Street 416.214.4517 Ivory on Adelaide 400 Adelaide St. East, Toronto Sales Office located at 125 Western Battery Rd. 647.341.1731 Edge 2-6 Lisgar Street, Toronto Sales Office Located at 1151 Queen Street West 416.516.5848

NOW UNDER CONSTRUCTION EPIC - Occupancy Date January 2015 48 Abell Street, Toronto Sales Office located at 1151 Queen Street West 416.516.5848 Musée - Occupancy Date July 2016 Pre-construction Pricing 525 Adelaide Street West, Toronto Sales Office located at 50 Wellesley St. East 416.862.0888

NOW OPEN 50 at Wellesley Station - Occupancy Date June 2017 50 Wellesley St. East, Toronto Sales Office located at 50 Wellesley St. East 416.862.0888 1 Yorkville - Occupancy Date January 2018 1 Yorkville Ave., Toronto Sales Office located at 162 Cumberland St. 416.519.2911

COMING SOON The Met at Vaughan Metropolitan Centre Vaughan across from the NEW TTC Subway Station Theatre District Tower on Adelaide 170 Spadina at Queen Presentation Centre Hours: Mon–Thurs: 12pm–6pm Fri: Closed Weekends & Holidays: 11am–5pm

Keep updated by following us: 52

Brokers protected. Prices, sizes and specifications subject to change without notice. E.&O.E.

5%

On signing In 180 days In 270 days On occupancy

1 Bedroom + Den from $369,000 2 Bedrooms from $425,000

City Living

Welcome to the world’s

“most livable city”

by LYDIA MCNUTT

TORONTO IS THE BIGGEST CANADIAN CITY, AND ARGUABLY THE BEST –

and the proof is in the maple-flavoured pudding, with Toronto’s ranking as the most livable city in the world, according to The Economist. Our economy, real estate market, and Raptors are all winners. We love the lit-up skyline, the bustling social scene, and the amazing diversity that has become the very definition of “Torontonian.”

Toronto made The Economist‘s short list of top 50 international cities, and bested them all when averaging more than 40 quantitative and qualitative indicators like livability (Toronto ranked #4), business (#4), safety (#8), democracy (#8), global food security (#8) and worldwide cost of living (#70 – that last one is no surprise, but we’ll come back to that). The results were published in the Safe Cities Index 2015, a new report by The Economist Intelligence Unit that evaluates urban safety around the world.

(The report names Tokyo as the world’s safest city, FYI.) Montreal – the only other Canadian city to make the list – scored second place, ranking #16 for livability, #14 for safety, #4 for business, #8 for democracy, #8 for food security, and #86 for worldwide cost of living.

Rounding out the top five cities are Stockholm in third place, Amsterdam in fourth, and San Francisco in fifth.

“Safe cities are those that can support a vibrant cultural life and a dynamic entrepreneurial environment in which everyone can thrive,” the report says. “The best examples of these will be at the forefront of economic and commercial growth for years to come.

“Toronto in Canada is a consistent performer across the five other indexes, putting it top overall,” according to the report. “Deciding where to live is a personal choice for many city residents. For some, safety will be paramount. Others will prioritize culture and creativity. Two neighbours may hold opposite views on democracy and the cost of living. But often, choice will be based on a mixture of reasons.”

So, what drives your decision when it comes to location? If you’re on the home hunt, then you’re likely in the thick of that dilemma, carefully weighing factors like cost, convenience and of course, commute times – we are talking the GTA, after all.

Do you have kids, or are you planning to? Are you a workaholic? Shopaholic?

Outdoor aficionado? Where you choose to buy a home will impact your lifestyle while you live there, and it could affect the resale value when you sell the place one day. Location is also the one thing you can’t change about your home, so choose carefully.

Of course, cost is a key determining factor in the location debate. Live-workplay locations, which are often downtown or in major suburban hubs, are thought to be out of financial reach for many homebuyers, who find more bang for their buck in the ‘burbs. Interestingly, a recent study by Pembina Institute and RBC showed that 81 per cent of GTA residents prefer to live in a walkable, transit-friendly neighbourhood over a car-dependent location further from core conveniences.

Pembina Institute and RBC also found that residents spend an average of $10,000 a year on car ownership. In a location-efficient neighbourhood, they would save a minimum of $200,000 over 25 years. That extra money could cover the costs of living in a more expensive, more central community.

Consider your options – and finances – carefully. A downtown home in the world’s most livable city could be well within your reach.

2015 Condominium Builders’ Annual

53

T H E D AV I E S luxur y living 54

on the park

55

T H E D AV I E S luxur y living

56

on the park

Homebuyers’ Help

Top 10 new-home

warranty claims

by WAYNE KARL WHAT’S IN YOUR NEW HOME WARRANTY? Ideally, that’s a question you’ll never have to answer for real – at least not the hard way, be it filing complaints or, worse, proceeding with warranty claims settlements. Life is sometimes not fair, and despite the best intentions of home builders, things do go wrong. To put it nicely – stuff happens.

Indeed, according to Tarion Warranty Corp., nearly every new home built has some form of defect. Such is life when you’re dealing with the outside elements and working with natural materials.

In most cases, warranty claims get resolved, and builders large and small are getting better at responding to customer concerns.

Still, there are unscrupulous – or worse, illegal – builders that try to circumvent everything from relatively minor registration fees to taxes, all under the guise of “saving you money.” In this case, when there’s a problem or issue that needs to be resolved, good luck.

That’s why it’s important to ensure your new home builder is registered with Tarion – to provide the peace of mind that Tarion is backing the new home warranty, as well as to learn what is covered, for how long, and what the steps and procedures are.

Top 10 warranty claims: » Paint: Inadequate application or coverage » Doors: Improperly installed or finished » Floors: Damaged, cracked or installed with gaps » Drywall: Blemishes on walls, ceilings or corners » Stairs/steps: Inadequately built » Water/moisture: Moisture inside the home » Concrete: Cracking » Baseboards: Improperly installed » Trims: Improperly installed or finished » Cabinets/vanities: Improperly installed or finished You can understand how prevalent such “defects” would be in brand new homes, and how action is required in many cases. Nine times out of 10, for homes backed by Tarion, warranty claims are resolved without issue.

More drastic is another example involving 23 homes by one builder in one development in Ontario, also, thankfully, backed by Tarion: » After the homes were built, the water table shifted, causing differential soil settlements » The problems arose three to five years after construction » 23 homes were monitored and repaired over a period of five years » 10 homes required major repairs – causing the homeowners to be relocated to hotels for an average of 38 days The cost to Tarion to rectify the matter?

More than $5 million. The cost to homeowners? Zero.

The benefit of having the peace of mind of a Tarion backed new home warranty?

Priceless.

Think that would happen if your home was built by an unregistered or illegal developer?

More and more builders, Tarion says, are improving their customer service. And it’s not just the large companies.

“The advantage of using a small builder might be that you often get to know the principal,” says Tarion president Howard Bogach. “But large builders are closing the gap. “The large builders that do well are the ones that behave like small builders.”

And with real estate and new home prices rising, homebuyers, understandably, expect more.

So, what’s in a new home warranty? In short, your builder is not just building your home, it’s building a relationship.

2015 Condominium Builders’ Annual

57

58

2015 Condominium Builders’ Annual

2015 Condominium Builders’ Annual

59

60

2015 Condominium Builders’ Annual

Investor Advice

Why pre-construction condo investments pay off

by ANDREW LA FLEUR 2. Access to triple-A locations Condo investing allows ordinary investors to get a piece of real estate in otherwise unattainable locations. Owning real estate on Yonge Street, King Street or on the waterfront is made possible for average investors only through the power of condos. And with many developers offering flexible deposit structures, you can own in these prime locations for a fraction of what it would cost to buy a commercial property, a house, or a small apartment complex in the same locations.

3. Low maintenance New condos are perfect for the busy professional or selfemployed business person because you can own multiple units with little to no monthly property management. Many of my clients tell me that they are so busy with their full-time jobs or their businesses, they don’t have time to start a part-time business as a landlord. Compared to buying a house or a commercial property, new condos offer the lowest maintenance with the highest rentability. So, there’s nothing to fix or maintain, and your unit will rent out very quickly, saving you time for what really matters in your life.

THERE ARE MANY DIFFERENT WAYS YOU CAN INVEST

and make money in real estate. Most types of real estate investments are very hands-on and require a lot of time and effort. Investing in pre-construction condos, on the other hand, can be highly lucrative with minimal effort.

Here are four reasons why I believe that preconstruction condos are the best way to make money as a real estate investor.

1. Leverage The number one reason why so many real estate investors look to the pre-construction condo market is the ability to leverage their money over time. With just 15 to 20 per cent of your own money, you can buy 100 per cent of an appreciating asset, and you get to hold that asset for three to four years without making any payments on it.

Over the last decade in Toronto, thousands of investors have seen incredible returns by simply buying, waiting, then selling on completion.

4. Rental demand Since the end of the highrise apartment construction boom of the 1960s, there have been almost no purpose built rental buildings in Toronto. Yet our city keeps growing by tens of thousands every year. The need for new rental units is now filled almost entirely by new condominiums, and tenants always want to live in the latest and greatest buildings. Buying pre-construction guarantees that you will own the newest apartment on the block when the building is complete, and condo investors know that renting out a unit in a brand new building has been a very lucrative experience.

Andrew la Fleur is an award-winning realtor with Re/Max, helping investors make money in the Toronto condo market.

Visit TrueCondos.com/NewCondoGuide, call Andrew at 416.371.2333 or email andrew@truecondos.com

2015 Condominium Builders’ Annual

61

Style File

3 EASY WAYS TO MAKE

your small space sing!

by YANIC SIMARD

So, you’re downsizing into a smaller space, but that doesn’t mean you can’t live large in it. When square footage is at a premium, your design choices can help maximize the space and the value of your property. Decorating a small home has its challenges, but they are not insurmountable. It is particularly satisfying, when we achieve more than we thought possible, in design and indeed in life. Read on for three key considerations when designing your small space.

62

2015 Condominium Builders’ Annual

1 Colour considerations

3 Clear & chromed

Use monochromatic, light-coloured paint and furniture. The use of light colours for walls and floor coverings as well as furniture will create the illusion of a larger space. Lighter and brighter colours are used to reflect and diffuse light, while darker colours in the background will maximize the whites/neutrals.

Always paint the ceiling white, or at least a lighter shade than the walls. This will create a high degree of light reflection, thereby giving your entire room a bigger and brighter feel.

The use of chrome finishes will add some sparkle to your space.

Also try positioning a mirror directly on the wall opposite to the source of natural light, like a window.

This will bounce the light back and forth while increasing the visual depth of your room at the same time.

In furniture, always consider using glass or the like – its transparent nature will allow light to travel though it, making it virtually invisible to the eye. Polycarbonate, glass and plastic are the materials to consider looking at (or more aptly, through!) for your small space.

2 Think vertically You might have a small square footage, but look up. Your walls offer a lot of space that you can use with some planning and imagination.

Get your calculators out. A 12-by-12-ft. room gives you 144 sq. ft. of floor space. If you have an eight-ft. ceiling and four walls, you end up with approximately 384 sq. ft. of vertical space. If you used 10 ft. of vertical space on two walls, you would lose 20 sq. ft. of floor but gain 192 sq. ft. of storage!

Yanic Simard is New Condo Guide’s design editor, principal designer of award-winning Toronto Interior Design Group (tidg.ca), and regular guest expert on City’s Cityline. Check out Yanic’s accessory line, Yanic Simard Selected, by visiting online at ysselected.com 2015 Condominium Builders’ Annual

63

MEET OUR HERO

Gabriel

GABRIEL WAS SIX AND A HALF MONTHS OLD WHEN HE developed a fever and flu-like symptoms. After seeing his pediatrician, Gabriel went to a local hospital to undergo bloodwork which showed that his red blood cells were extremely low, and his white cell count, extremely high – an indication of blood cancer. Fearing leukemia, he was rushed by ambulance to the Hospital for Sick Children (SickKids). That night, April 23, 2012, Gabriel was diagnosed with infantile acute lymphoblastic leukemia.

Gabriel spent the next six months almost entirely at SickKids since his condition required extremely close monitoring.

Acute lymphoblastic leukemia (ALL) is a cancer of the white blood cells characterized by excess lymphoblasts.

Malignant, immature white blood cells continuously multiply and are overproduced in the bone marrow.

Normal cells like red blood and platelets are under produced which can ultimately result in organ failure and death if not detected early. ALL is the most common blood cancer in childhood with a peak incidence at two to five years of age and another peak in old age. Infant ALL represents about two per cent of all paediatric cancer and is much harder to treat than childhood leukemia.

Doctors told the family that Gabriel’s condition was extremely serious. Upon diagnosis he was already very sick. His healthcare team indicated that survival rates for this type of cancer are documented at less than 50%. Gabriel experienced several long and intensive chemotherapy cycles. The first four cycles included chemotherapy that could only be given in-hospital.

Upon completion, Gabriel was sent home to continue his treatment mostly as an outpatient.

Nearly one hundred days before Gabriel finished treatment, the cancer returned. He was readmitted to the hospital and spent eight months undergoing an even more intensive chemotherapy regimen including radiation.

In June 2014, Gabriel was fortunate enough to receive a bone marrow transplant from his older sibling. Since returning home in August, Gabriel has been in isolation due to his immune compromised state. Gabriel is making a slow and steady recovery. His kidneys, which suffered significant damage as a result of his life-saving treatment, have begun to heal, with the hopes that he will recover to optimal health.

“This has been a long journey and SickKids has been there every step of the way. The hospital became our home and the staff our extended family. It is a very lonely existence when you hear the words ‘your child is sick’, and SickKids took care of our entire family. The SickKids team enabled us to keep moving forward during a marathon that required a sprint finish. Gabriel’s team took a holistic approach to his care. While all were focussed on saving his life, it was never forgotten that Gabriel was still a child who needed normal childhood experiences.

SickKids is a place where Gabriel felt safe, where he made many friends and participated in fun programs and activities. SickKids hospital provided us with a community that we will always be part of.”

– Asaph, Gabriel’s dad.

WHY SICKKIDS? 1

In Canada, approximately 1,400 children are diagnosed with cancer each year and leukemia is the most common form. Last year, SickKids provided care to approximately 100 children with leukemia.

2

In 2011, Dr. David Malkin and his SickKids team developed a new approach for early cancer detection in patients at high risk for the disease. This “Toronto protocol” has so far led to a 100% survival rate among the patients and is now being used by doctors around the world.

BUILDERS HELPING TO HEAL Yellow Pages NextHome, the publisher of New Home Guide, New Home & Condo Guide and New Condo Guide, is teaming up with builders and their suppliers to help raise money for SickKids. The following companies have contributed generously to help give Ontario’s children the world-class care they deserve. These pages honour these special people, and we thank them for their generous support.

Leaders, a program at SickKids which draws on the support of more than 150 volunteers over 30 industry sectors. www.sickkidsleaders.com

Builders Helping to Heal and Friends of the Industry are Yellow Pages NextHome initiatives stemming from SickKids

Readers looking to support SickKids can go to www.sickkidsleaders.com

Again, we thank our generous sponsors and appreciate their ongoing commitment. These companies not only build housing, but they support the families in the communities in which they build.

GOLD SPONSORS

PLATINUM SPONSORS

www.bazis.ca

www.lashgroup.ca

www.heathwood.com www.averton.ca

SILVER SPONSORS

www.fieldgatehomes.com

www.spallaccigroup.com

www.primonthomes.com

www.starlanehomes.com

Expert Panel

location, lifestyle & costs considered While the economy is expected to perform well in 2015, housing affordability is being increasingly tested. Location (read: transit challenges), lifestyle and housing type are driving homebuyers’ decisions. We chatted with the industry experts on how consumers should weigh these considerations to make the best home-buying decision.

Edited by LYDIA MCNUTT

h

ousing affordability in the GTA can be a very intimidating topic.

Many people’s first reaction is to hunt for a home with an appealing price tag, and often further from the city core than they would like. Before you start your search, I would recommend that you evaluate your options using a very simple formula: • Property A: Fixed Costs + Operating Costs • Property B: Fixed Costs + Operating Costs

Crunch the numbers: Anson Kwok Vice-President, Sales & Marketing, Pinnacle International

The greatest fixed costs include your expected monthly mortgage payment, property taxes and maintenance fees. Next, depending on where you decide to live, there will be associated operating costs. In car-dependant communities, these include spending on gas, insurance and parking, or you may need a transit pass to get around, and for many, you’ll need both.

Also, take into consideration that we are currently in a low interest rate environment and experiencing lower gas prices. These figures will fluctuate, so don’t bank on them.

Your lifestyle will also weigh on your decision-making process, especially with the plethora of housing options available in the GTA. Keep in mind that with only 168 hours in a week, the X-factor is time, as it directly affects your lifestyle. Commuting times can play a significant role in your life, eating into precious family and leisure time, and contributing to unnecessary stress. My preference is to live close to work, so much so, that I take the elevator to get to work. As a result, I can work longer hours but minimize my commute. I’m home at a reasonable time, no matter what the traffic or weather may be.

“Foregoing a car and living in the city core may outweigh a larger property with a smaller mortgage in the suburbs, all costs considered.

You may be pleasantly surprised when you compare Property A to B, that the numbers may not be that different after all.”

66

2015 Condominium Builders’ Annual

e

Downtown bound: Christopher Wein President, Great Gulf Residential

mployment opportunities, shorter commute times, culture, amenities, lifestyle and walkability are big factors as to why individuals and families are moving to the downtown core.

While location is a key influencer when purchasing a home, affordability and lifestyle will determine the type of housing and locations people desire. For those wanting to live in downtown condos to be close to work, the vibrant cultural and arts scene, the car becomes less relevant because of walkability and access to public transit. The cost savings of operating a car can be allocated to both the required down payment and on-going mortgage obligations. This allows couples and families to build equity in their home as opposed to funding a depreciating asset in the form of a car. Condominiums often provide many shared amenities including gyms, pools, indoor/ outdoor lounges and gardens, that can enhance the urban lifestyle and minimize additional costs for club memberships.

For those who prefer to purchase in the suburban communities throughout the 905, community services and amenities are becoming an increasingly important factor in choosing a location. Transit is also a huge consideration when selecting a suburban community, in order to facilitate affordable and convenient access to the downtown employment centres. With increased suburban intensification, public transit can be extended due to increased ridership. The anticipated completion of the subway extension into the 905, the Mississauga Transitway (a bus rapid transit link), SmartTrack and Metrolinx transit epicentre in Etobicoke are just some plans to improve public transit in the GTA, providing more options for desirable communities.

“Employment, education, walkability, transit, density, culture and diversity are the factors that create a great city. Buyers should consider these factors when choosing a location in order to ensure they make a solid investment in their new home.�

2015 Condominium Builders’ Annual

67

The big 3: Simona Annibale Vice-President of Marketing, The Daniels Corporation

“Development across the Greater Toronto Area is growing at an astronomical rate, meaning shoppers have phenomenal choice. It also means you have to streamline your criteria to zero in on the best available options. I see affordability, location and builder reputation as three priorities in making a good decision.”

t

oday’s consumers have a lot of help with respect to housing affordability. Working with a mortgage representative to get pre-approved early in your search translates to knowing what you can afford, which helps you narrow your search field. Be sure to understand the mortgage rates being offered, and make sure you understand what your closing costs will be. Ask sales representatives if the builders have programs in place to help make home ownership more attainable. For example, at One Park Place South Tower in Regent Park, we offer the First Home Boost, which provides an interest-free, payment-free loan for an additional 10 per cent of the purchase price, turning a five-per-cent deposit into a 15-per-cent down payment.

As for location, your choices are amazing. Look at Toronto, which is called “the city of neighbourhoods” because of the strength, vitality and

68

2015 Condominium Builders’ Annual

diversity of its unique communities.

Research accessibility to public transportation and highways, especially with regard to your work commute. Are there schools, recreational facilities and amenities nearby? You may also want to consider up-and-coming communities that offer tremendous value such as Regent Park in Toronto’s downtown east, and Toronto’s East Bayfront.

I list builder reputation in my top three, because when making the decision for one of the biggest purchases of your life, you want to buy with confidence. Do your homework. Research builders’ track records, construction quality, aftersales service and customer care.

Read their builder histories, visit previous communities they have created, and ask people you know who have purchased from them in the past.

All of these considerations should be taken as part of the bigger picture, which is finding the right home for you – and if you’re thinking new, you’re already on the right track.

Heart, soul & condos: Brian Brown Vice-President, Lifetime Developments

“The last decade has seen tremendous growth in the downtown core, and this trend is not expected to end soon. Savvy, design-focused, urban condo developers continue to believe that in real estate, location matters, and that in the Toronto condo market, a downtown location will always matter most.”

w

hile few of us in the real estate industry have a crystal ball, and even fewer of us can accurately predict the future of the Canadian economy, most of us agree that developing affordable housing options in the GTA is one of the best ways to ensure the health of the industry – regardless of the health of the economy.

Another key factor to ensuring success in the current market is to develop projects in top locations.

Lifetime has always believed in building great condominiums in great neighbourhoods that offer culture and entertainment, bistros and bars, shopping and services, day-time employment and night-time fun.

We believe that there are few neighbourhoods that offer more than downtown Toronto.

Home to some of our most successful developments, including INDX, The Bond, BISHA Hotel and Residences, the city’s downtown core is truly the heart and soul of Toronto’s condominium market.

Over the last 10 years we have seen unparalleled growth and evolution in the downtown core, from a place of business, to a thriving entertainment zone, to a highly sought-after urban residential neighbourhood. As a result of the gentrification of the downtown core, today a host of lifestyle amenities are available to residents as local shops, restaurants and service providers begin to cater to long-term residents instead of just nightly visitors.

Another element of this transitional period for the core has been an increase in property values. Those who bought condos in the core a decade ago have seen resale prices and real estate values skyrocket with the unabated development of the neighbourhood.

Housing type drivers: Paul A. Golini Jr. Co-Founder and Executive Vice-President, Industry Relations, Empire Communities

“In our industry there’s a saying, ‘you drive until you qualify,’ which is based on the size of the mortgage you can afford as you move further away from the GTA.”

i

s it important to be able to walk to work? On the other hand, would you mind commuting if it means you’ll have a detached home with a backyard? Or, are you looking for low maintenance and on-site amenities? Homebuyers need to determine which factor is most

important to them in finding the right home. These are all important questions to ask and go back to location, lifestyle and housing type.

Location is one of the strongest determining factors when one considers transit challenges and people’s preferences. There is a segment that embraces the work/live/ play/shop lifestyle and opts to live in the downtown core. They often abandon the car until the weekend, because they can take transit, the streetcar or walk to work.

Location is also important to the person who drives to work and will continue doing so if it means they’ll have a bigger house or lot. In our industry there’s a saying, “you drive until you qualify,” which is based on the size of the mortgage you can afford as you move further away from the GTA. Lifestyle has increasingly become a significant factor in the condo market, because we see that people are spending less time at home and more time at work or outside of their home, whether it’s for entertainment or going to the gym. These purchasers are okay with a smaller form of housing where little maintenance is required.

The driver for housing type is often density. Some people want to be close to their neighbours and living in a condo gives them the chance to meet in the gym, at the pool or even in the elevator. In a lowrise community there is more privacy due to less density, but it doesn’t mean you can’t meet your neighbours at the nearby park or walking trail. If someone is determined to fulfill their dream of the white picket fence, they may be driven further outside the core. Alternatively, they can go the route of a townhome, which is a great way to enter the housing market.

Once you determine which of these factors is the most important to you, as well as what you can afford, this can then act as a filter to direct your home-buying decision.

2015 Condominium Builders’ Annual

69

Location, location, location: Mimi Ng Vice-President of Sales & Marketing, Menkes

“The old saying about “location, location, location” has always rang true in real estate, and this year I think it is more appropriate than ever. For homebuyers in the Toronto marketplace, location needs to be their number one consideration.”

f

or many buyers, their location choice is both important and complex. Where you choose to live governs proximity to work, distance to family and friends, ease of access to shopping, entertainment and community services, and even the school district for your children.

Housing experts often talk about the “lifestyle” factor in the home-buying decision, but the connection that some people tend to overlook is that location is the key driver of lifestyle and quality of life. The location of your home will determine if you are within walking distance of basic shopping and services, access to high-quality transit options, or how long you will have to spend in your car travelling to places.

70

2015 Condominium Builders’ Annual

As the population of the GTA continues to grow, traffic congestion and commuting times will impact our daily lives more and more. For anyone looking to buy a home this year, I would urge them to not just think about whether the location works for you from a commuting and travel perspective today, but to think ahead five or 10 years. Will this neighbourhood become more transit friendly? Are there any transportation infrastructure improvements in the works? If your commuting time were to increase in the future, how much more time would be acceptable?

Obviously, buyers cannot ignore the affordability factor in their home-buying decision.

But in today’s housing market, the most effective strategy for many potential purchasers may be to make location their top priority and to try to buy the best location possible within their financial means.

Timing is everything: Scott McLellan Vice-President, Plaza

“With the rate of immigration coming into the GTA, the issue will become one of supply and demand, which suggests that new home and condo prices are not expected to go down. If people do not make a buying decision soon, many will be left behind and unable to purchase.”

here are three main drivers that affect a person’s decision to purchase a home and drive the housing market. The key is to make sure that they are in sync with each other.

Location: Location plays a vital role in a purchaser’s buying decision. Of great importance to more and more people is close proximity to the subway or GO train. Because of the Greenbelt Plan, we are seeing more and more intensification south of the Oak Ridges Moraine forcing development into the city. As a result, purchasers are sacrificing space for convenience and things such as walkability are playing an ever increasing role in determining where people want to live. Additionally, the supply of housing, whether lowrise or highrise, is becoming a challenge to meet the needs of the population.

Demographics: The age and stage of life of purchasers can be determining factors in the home-buying decision.

What type of home will suit their lifestyle? What amenities are important to them? Is there access to transit and highways? In addition, the significant numbers of people who are immigrating here are influencing the areas where existing and new members of the population settle.

Affordability: Today with mortgage rates being at an all-time low, housing in the GTA will never be more affordable. On the other hand, single-family homes are almost unaffordable and the price difference between a new single-family home and a new condominium is just under $300,000. With the rate of immigration coming into the GTA, the issue will become one of supply and demand, which suggests that new home and condo prices are not expected to go down. If people do not make a buying decision soon, many will be left behind and unable to purchase.

t

2015 Condominium Builders’ Annual

71

LOOKING FOR A NEW HOME?

It’s only a tap away.

Find the perfect new home or condo in the neighbourhood that fits your lifestyle.

Start searching now!

DOWNLOAD THE APP

GET STARTED NOW AT

NewHomeAndCondoGuide.ca

2015

GTA Condominium Builders’ Annual Roster

SEE AD ON PAGE...

01

06

10

Pemberton Group 50 Confederation Parkway Concord, Ontario L4K 4T8 905.326.4100 www.pembertongroup.com

Monarch Corporation 2550 Victoria Park Ave., Suite 200 Toronto, Ontario M2J 5A9 416.491.7440 www.monarchgroup.net

The Daniels Corporation 20 Queen St. W., Suite 3400 Toronto, Ontario M5H 3R3 416.598.2129 www.danielshomes.ca

Alterra Group 920 Yonge St., Suite 1000 Toronto, Ontario M4W 3C7 416.964.1800 www.alterra.com

Bayview Wellington Homes 111 Creditstone Rd. Concord, Ontario L4K 1N3 905.669.4133 www.bwhomes.ca

Camrost-Felcorp 95 St. Clair Ave. W. Suite 1600 M4V 1A6 416.486.1961 www.camrost-felcorp.com

Amacon Developments 37 Bay Street, Suite 400 Toronto, Ontario M5J 3B2 416.369.9069 www.amacon.com

Bazis 1700 Langstaff Road, Suite 1003 Concord, Ontario L4K 3S3 905.532.0435 www.bazis.ca

CanAlfa Group Inc. 1137 King St. W. Toronto, Ontario M6K 3R6 416.537.2321 www.liveinliberty.com

Amexon Development Corporation 1000 Finch Avenue W. Suite 901 Toronto, Ontario M3J 2V5 416.493.5000 www.amexon.com

Beaverhall Homes 40 Vogell Rd., Unit 17 Richmond Hill, Ontario L4B 3N6 905.770.9983 www.beaverhall.com

Canderel Residential Inc. 1075 Bay St., Suite 400 Toronto, Ontario M5S 2B1 416.593.6366 www.canderel.com

Brandy Lane Homes 4580 Dufferin St., Suite 307 Toronto, Ontario M3H 5Y2 416.636.4111 www.brandylanehomes.com

Carlyle Communities 476 Richmond St.W., Suite 200 Toronto, Ontario M5V 1Y2 416.422.0880 www.carlylecommunities.com

Broccolini Construction Inc. 4110 Yonge St. Suite 602 Toronto, Ontario M2P 2B7 416.242.7772 www.broccolini.com

Castle Group Developments 8000 Jane St., Tower B, Unit 102 Concord, Ontario L4K 5B8 905.738.9292 www.castlecommunities.com

Brookfield Homes 7303 Warden Ave., Suite 100 Markham, Ontario L3R 5Y6 905.477.5111 www.brookfieldhomes.ca

Castleridge Homes 91 Delta Park Blvd.Suite 4 Brampton, Ontario L6T 5E7 905.799.3979 www.castleridgehomes.ca

Atria Development 6 Carlaw Avenue Toronto, Ontario M4M 2R5 416.466.2144 www.atria.ca

The Brown Group of Companies Inc. 38 Berwick Ave. Toronto, Ontario M5P 1H1 416.487.5122 www.thebrowngroup.net

CentreCourt Developments Inc. 208 Adelaide St. West. Suite 300 Toronto, Ontario M5H 1S7 416.324.5400 www.centrecourtdevelopments.com

Averton Homes Inc. 161 Pennsylvania Avenue, Suite 5 Vaughan, Ontario L4K 1C3 416.740.5544 www.atriadevelopment.ca

Bsar Group of Companies 662 King Street West, Suite 204 Toronto, Ontario M5V 1M7 416.368.3500 www.bsargroup.com

Centrestone Urban Developments 171 East Liberty Street Toronto, Ontario 416.535.1255 www.centrestonedev.com

Ballantry Homes Inc. 20 Cachet Woods Court, Suite 6 Markham, Ontario L6C 3G1 905.887.7100 www.ballantryhomes.com

Burnac Corporation 44 St. Clair Ave. West Toronto, Ontario M4V 3C9 416.964.3600 www.burnac.com

Cityzen Development Group 56 The Esplanade, Suite 308 Toronto, Ontario M5E 1A7 416.777.2489 www.cityzen.ca

Andrin Homes 26 Lesmill Rd., Unit 3 Toronto, Ontario M3B 2T5 416.733.3128 www.andrinhomes.com Aragon Properties Ltd. 101-262 Carlaw Ave Toronto, Ontario M4M 3L1 416.531.6361 www.aragon.ca Aspen Ridge Homes Ltd. 29 Floral Pkwy.

Concord, Ontario L4K 5C5 905.669.9292 www.aspenridgehomes.com

74

2015 Condominium Builders’ Annual

14

Insert

18

Menkes Developments Ltd. 4711 Yonge St., Suite 1400 Toronto, Ontario M2N 7E4 416.491.2222 www.menkes.com

Pinnacle International 37 Bay Street, Suite 400 Toronto, Ontario M5J 3B2 416.925.3354 www.pinnacleinternational.ca

Lanterra Developments 2811 Dufferin St. Toronto, Ontario M6B 3R9 416.635.7424 www.lanterradevelopments.com

Chestnut Hill Developments 150 Ferrand Drive Suite 801 Toronto, Ontario M3C 3E5 416.649.4457 www.chestnuthilldevelopments.com

Del Ridge Homes 7800 Kennedy Rd. Suite 102 Markham, Ontario L3R 2C7 905.479.5448 www.delridgehomes.com

Concert Properties Limited 55 University Avenue, Suite 1601, PO Box 66, Toronto, Ontario M5J 2H7 647.789.2050 www.concertproperties.com

DHD Developments 55 Mill St. Toronto, Ontario M5A 3C4 416.364.1177 www.thedistillerydistrict.com

Edenshaw Developments Limited 260 Brunel Road Mississauga, Ontario L4T 1T5 905.990.3500 www.edenshaw.com

Concord Adex 23 Spadina Ave. Toronto, Ontario M5V 3M5 416.813.0999 www.concordadex.com

Diam Developments 199 Advance Blvd. Suite 212 Brampton, Ontario L6T 4N2 905.799.3003

Conservatory Group 90 Tiverton Crt., Suite 200 Markham, Ontario L3R 0G4 905.477.7609 www.conservatorygroup.com

Diamante Urban Corporation 100 Davenport Road Toronto, Ontario M5R 1H7 416.741.7207 www.diamantedevelopment.com

Context Development Inc. 229 Yonge St., Suite 500 Toronto, Ontario M5B 1N9 416.863.0202 www.context.ca

Dorsay Development Corporation 150 York St., Suite 1701 Toronto, Ontario M5H 3S5 416.368.1460 www.dorsay.ca

Cresford Developments 170 Merton Street Toronto, Ontario M4S 1A1 416.971.7557 www.cresford.com

Dundee Kilmer Developments 40 King Street W. Suite 1700, Box 127 Toronto, Ontario M5H 3Y2 416.814.4464 www.dundeekilmercondos.com

The Daniels Corporation 20 Queen St. W., Suite 3400 Toronto, Ontario M5H 3R3 416.598.2129 www.danielshomes.ca

Dunpar Homes 105 Six Point Rd. Etobicoke, Ontario M8Z 2X3 416.236.9800 www.dunparhomes.com

Davies Smith Developments 2069 Lake Shore Blvd. W., Suite 201 Etobicoke, Ontario M8V 3Z4 416.363.1030 www.davies-smith.com

Easton’s Group 3100 Steeles Avenue East, Suite 601 Markham, Ontario L3R 8T3 905.940.9409 www.eastonsgroup.com

Decade Group Inc. 1806 Avenue Road, Suite 2 Toronto, ON, M5M 3Z1 416.781.0623 www.decadegroup.ca

Eden Oak Homes 1443 Hurontario Street Mississauga, Ontario L5G 3H5 905.274.5500 www.edenoak.com

Edilcan Development Corporation 199 Adesso Drive Concord, Ontario L4K 3C4 416.663.8434 Elad Canada Inc. 2235 Sheppard Ave. East, Atria II, Suite 1700, Toronto, Ontario M2J 4B4 416.223.4403 www.eladcanada.com Elm Developments 1931 York Regional Road 7 Concord, Ontario L4K 1V5 905.709.8232 www.elmdevelopments.com Emery Homes 620 Wilson Avenue, Suite 350 Toronto, Ontario M3K 1Z3 416.636.7200 www.emeryhomes.net Empire Communities 125 Villarboit Crescent Vaughan, Ontario L4K 4K2 905.307.8102 www.empirecommunities.com Emsatec Canada Inc. 940 Lansdowne Avenue, Suite 101 Toronto, Ontario M6H 3Z4 416.483.1066 Esquire Homes 145 Royal Crest Court, Unit 21 Markham, Ontario L3R 9Z4 905.415.1880 www.esquirehomes.ca Fernbrook Homes Limited 2220 Hwy. 7 W., Unit 5 Concord, Ontario L4K 1W7 416.667.0447 www.fernbrookhomes.com 2015 Condominium Builders’ Annual

75

SEE AD ON PAGE...

21

25

29

Great Gulf 3751 Victoria Park Ave. Toronto, Ontario M1W 3Z4 416.449.1340 www.greatgulf.com

Empire Communities 125 Villarboit Crescent Vaughan, Ontario L4K 4K2 905.307.8102 www.empirecommunities.com

Concord Adex 23 Spadina Ave. Toronto, Ontario M5V 3M5 416.813.0999 www.concordadex.com

First Avenue Properties Inc. 5451 Highway 7, Suite 200 Woodbridge, Ontario L4L 0B2 905.856.3031 www.firstavenue.ca

Ghods Builders Inc. 333 Sheppard Avenue East, Suite 300 Toronto, Ontario M2N 3B3 416.222.5959 www.ghodsbuilders.com

Hyde Park Homes 7 King St. E., Suite 911 Toronto, Ontario M5C 3C5 416.306.2283 www.hydeparkhomes.com

Flato Developments Inc. 3621 Highway 7 East, Suite 503 Markham, Ontario L3R 0G6 905.479.9292 www.flatogroup.com

The Goldman Group 55 St. Clair Ave. West, Suite 240 Toronto, Ontario M4V 2Y7 416.962.9080 www.goldmangroup.com

Icon Homes 70 Don Park Road, Unit 15 Markham, Ontario L3R 1G4 905.470.8227 www.iconhomes.com

Forest Green Homes 5332 Hwy. 7, 2nd Floor Woodbridge, Ontario L4L 1T3 905.850.8500 www.forestgreenhomes.com

Graywood Developments Ltd. 200 King St. West, Suite 1602, Box 42 Toronto, Ontario M5H 3T4 416.599.1930

Ideal Developments 10 Milner Business Court, Suite 400 Scarborough, Ontario M1B 3C6 416.754.3500

Forest Hill Homes Ltd. 2700 Dufferin St., Suite 34 Toronto, Ontario M6B 4J3 416.787.0256 www.foresthillhomes.ca

Great Gulf 3751 Victoria Park Ave. Toronto, Ontario M1W 3Z4 416.449.1340 www.greatgulf.com

Fram Building Group 141 Lakeshore Road East, Suite 200 Mississauga, Ontario L5G 1E8 416.747.9661 www.framhomes.com

Great Lands Corporation 25 Torbarrie Road Toronto, Ontario M3L 1G5 416.748.2600 www.greatlandscorp.com

Freed Development 552 Wellington St. West, Suite 1500 Toronto, Ontario M5V 2V5 416.781.5699 www.freeddevelopments.com

Greenpark Homes 8700 Dufferin St. Vaughan, Ontario L4K 4S6 416.661.5329 www.greenparkhomes.com

Gairloch Developments 101 College Street, Suite HL30A Toronto, Ontario M5G 1L7 www.gairloch.ca

Guizzetti Developments/ G Group Development Corp.

9251 Yonge Street, Suite 200 Richmond Hill, Ontario L4C 9T3 905.597.0200 www.guizzetti.com

Gemterra Developments Corporation 200 Consumers Road, #805 Toronto, Ontario M2J 4R4 416.498.5585 www.gemterra.com Geranium Corporation 3190 Steeles Ave. E., Suite 300 Markham, Ontario L3R 1G9 905.477.1177 www.geraniumhomes.com

76

2015 Condominium Builders’ Annual

Harhay Construction Management Limited 540 Richmond Street West Toronto, Ontario M5V 1Y4 416.626.7141 www.hcml.ca

Infinity Development Group 2275 Upper Middle Road East Oakville, Ontario 647.933.8873 www.infinitydevelopment.ca Insoho Developments 35 Alvin Ave. Toronto, Ontario M4T 2A7 416.920.8880 www.insohodevelopments.com Inzola Construction Inc. 105 Heart Lake Rd. Brampton, Ontario L6W 3K1 905.453.8266 Kaitlin Corporation 28 Sandiford Dr., Suite 201 Stouffville, Ontario L4A 1L8 905.642.7050 www.kaitlincorp.com Kaneff Group of Companies 8501 Mississauga Rd., Brampton, Ontario L6Y 5G8 905.454.0221 www.kaneff.com Kylemore Communities The Shoppes of Angus Glen 9980 Kennedy Rd., Suite 200 Markham, Ontario L6C 0M4 905.887.5799 www.kylemorecommunities.com

Insert

34

37

Cresford Developments 170 Merton Street Toronto, Ontario M4S 1A1 416.971.7557 www.cresford.com

Lifetime Developments 49 Jackes Avenue, Suite 200 Toronto, Ontario M4T 3E2 416.987.3344 www.lifetimedevelopments.com

Camrost-Felcorp.

250 Davisville Ave., Suite 401 Toronto, Ontario M4S 1H2 416.486.1961 www.camrost-felcorp.com

Lamb Development Corporation 778 King Street West Toronto, Ontario M5V 1N6 416.368.5262 www.lambdevcorp.com

Malibu Investments Inc. 130 Spadina Ave., Suite 707 Toronto, Ontario M5V 2L4 416.703.9071 www.malibutoronto.com

Onni Group of Companies 177 Fort York Blvd.

Toronto, Ontario M5V 0E8 416.260.8200 www.onni.com

Lanterra Developments 2811 Dufferin St. Toronto, Ontario M6B 3R9 416.635.7424 www.lanterradevelopments.com

Menkes Developments Ltd. 4711 Yonge St., Suite 1400 Toronto, Ontario M2N 7E4 416.491.2222 www.menkes.com

Options for Homes 468 Queen Street East, Suite 310 Toronto, Ontario M5A1T7 416.867.1501 www.optionsforhomes.ca

Lash Group of Companies 10 Kodiak Cres., Suite 200 Toronto, Ontario M3J 3G5 416.630.9393 www.lashgroup.ca

Minto Communities Canada 500-90 Sheppard Ave East Toronto, Ontario M2N 3A1 416.977.0777 www.minto.com

Pemberton Group 50 Confederation Parkway Concord, Ontario L4K 4T8 905.326.4100 www.pembertongroup.com

Liberty Development Corporation 1 Steelcase Road West, Unit 8 Markham, Ontario L3R 0T3 905.731.8687 www.libertydevelopment.ca

Mizrahi Developments 126 Hazelton Ave. Toronto, Ontario M5R 2E5 www.mizrahidevelopments.com

Pianosi Development Corp 3250 Bloor Street W. Suite 118, East Tower Etobicoke, Ontario M8X 2X9 416.231.1297 www.pianosi.com

Lifetime Developments 49 Jackes Avenue, Suite 200 Toronto, Ontario M4T 3E2 416.987.3344 www.lifetimedevelopments.com Lindvest 3625 Dufferin Street, Suite 200 Toronto, Ontario M3K 1Z2 416.635.7520 www.lindvest.com Longo Development Corporation 2751 Bloor St. W, 1st fl.

Toronto, Ontario M8X 1A6 416.249.8181 www.longocorp.com Mady Developments 8791 Woodbine Ave., Suite 100 Markham, Ontario L3R 0P4 905.944.0907 www.madycorp.com Madison Homes 369 Rimrock Rd. Toronto, Ontario M3J 3G2 416.661.4000 www.madisonhomes.ca

Mod Developments Inc. 8 Price Street, 4th Floor Toronto, Ontario M4W 1Z4 647.748.2022 www.moddevelopments.com Monarch Corporation 2550 Victoria Park Ave., Suite 200 Toronto, Ontario M2J 5A9 416.491.7440 www.monarchgroup.net Mosaik Homes 8800 Jane Street Vaughan, Ontario L4K 2M9 905.738.6444 www.mosaikhomes.com Norstar 7077 Keele St., Suite 102 Concord, Ontario L4K 0B6 905.738.0754 www.norstarcompanies.com North Drive Investments 49 St. Clair Ave. W., The Lane Toronto, Ontario M4V 1K6 416.318.9059 www.northdrive.ca

Phantom Developments 207 Weston Rd. Toronto Ontario M6N 4Z3 416.762.8818 Pinedale Properties Ltd. 970 Lawrence Ave. W., Suite 303 North York, Ontario M6A 3B6 416.256.2900 www.pinedaleprop.com Pinnacle International 37 Bay Street, Suite 400 Toronto, Ontario M5J 3B2 416.925.3354 www.pinnacleinternational.ca Plaza 10 Wanless Ave., Suite 201 Toronto, Ontario M4N 1V6 416.481.2222 www.pureplaza.com The Princess Group Inc. 25 Sable St. Toronto, Ontario M6M 3K8 416.787.6633 www.theprincessgroup.com

2015 Condominium Builders’ Annual

77

SEE AD ON PAGE...

40

44 & IBC

47

50

Dundee Kilmer Dev.

Aspen Ridge Homes Ltd.

Lash Group of Companies

Plaza

29 Floral Pkwy.

Concord, Ontario L4K 5C5 905.669.9292 www.aspenridgehomes.com

10 Kodiak Cres., Suite 200 Toronto, Ontario M3J 3G5 416.630.9393 www.lashgroup.ca

10 Wanless Ave., Suite 201 Toronto, Ontario M4N 1V6 416.481.2222 www.pureplaza.com

40 King Street W. Suite 1700, Box 127 Toronto, Ontario M5H 3Y2 416.814.4464 www.dundeekilmercondos.com

Queenscorp Group 2 Queen Elizabeth Blvd.

Toronto, Ontario M8Z 1L8 416.253.6909 www.queenscorp.com Remington Group Inc. 7501 Keele St., Suite 100 Vaughan, Ontario L4K 1Y2 905.761.8200 www.remingtonhomes.com Rockport Group 170 The Donway West, Suite 307 North York, Ontario M3C 2G3 416.444.7391 www.rockportgroup.net Reserve Properties Limited 161 Eglinton Avenue East, Suite 600 Toronto, Ontario M4P 1J5 416.440.2904 www.reserveproperties.ca Shane Baghai Group of Companies 1131A Leslie St., Suite 220 Toronto, Ontario M3C 2K6 416.449.5994 www.shanebaghai.ca Shiu Pong Group Limited 131 Baldwin Street Toronto, Ontario M5T 1L7 416.596.8885 www.shiupong.com Sierra Building Group 156 Duncan Mill Road, Unit 23A Toronto, Ontario M3B 3N2 416.642.0032 www.sierra.ca Signature Communities 45 Rodinea Rd., Unit 1A Maple, Ontario L6A 1R3 905.695.0822 www.signaturecommunities.ca Skyline International Development Inc. 90 Eglinton Avenue East, Suite 800 Toronto, Ontario M4P 2Y3 416.368.2565 www.skylineinvestments.com 78

2015 Condominium Builders’ Annual

Solotex Corporation 3830 Bathurst St., Suite 115 Toronto, Ontario M3H 6C5 416.398.1171 Sonterlan Corporation 401 Magnetic Drive, Unit 4 North York, Ontario M3J 3H9 416.661.3155 www.sonterlan.com Sorbara Development Group 3700 Steeles Avenue West, Suite 800 Vaughan, Ontario L4L 8M9 905.850.6154 www.sorbaradevelopmentgroup.com Stanton Renaissance 104-93 Skyway Avenue Toronto, Ontario M9W 6N6 416.201.8400 www.stantonrenaissance.com State Building Group 2700 Dufferin St., Unit 34 Toronto, Ontario M6B 4J3 416.787.0256 www.statebuildinggroup.com Streetcar Developments Inc. 43 Davies Avenue Toronto, Ontario M4M 2A9 416.686.9199 www.streetcar.ca TAS DesignBuild 1 Valleybrook Dr., Suite 300 Toronto, Ontario M3B 2S7 416.510.8181 www.tasdesignbuild.com Times Group 3985 Hwy 7 East, Suite 202 Markham, Ontario L3R 2A2 905.940.6286 www.timesgroupcorp.com Tofni Developments Inc. 221 Manning Ave. Unit 1 Toronto, Ontario M6J 2K8 416.792.6418

Torbel Group 478 Champagne Dr. Toronto, Ontario M3J 2T9 416.222.4887 www.torbel.ca Tower Hill Development Corporation 65 Queen Street West, Suite 440 Toronto, Ontario M5H 2M5 416.361.1399 www.towerhilldev.com Treasure Hill Homes 1681 Langstaff Road, #1 Vaughan, Ontario L4K 5T3 416.987.5500 www.treasurehill.com Triaxis Construction Limited 3415 American Drive, Suite 200 905.613.1333 www.triaxis.ca Tribute Communities 1815 Ironstone Manor, Unit 1 Pickering, Ontario L1W 3W9 905.839.3500 www.tributecommunities.com Tridel Corporation 4800 Dufferin St., Toronto, Ontario M3H 5S9 416.661.9290 www.tridel.com Trimax Developments Limited 8032 Kipling Avenue Woodbridge, Ontario L4L 2A1 905.851.7045 Triumph Developments 1 Connie Street North York, Ontario M6L 2H8 416.534.8877 www.triumphdevelopments.com United Lands Corporation 2904 South Sheridan Way, Suite 103 Oakville, Ontario L6J 7L7 905.829.1500 www.unitedlands.com

54

58

Back Cover

Brandy Lane Homes 4580 Dufferin St., Suite 307 Toronto, Ontario M3H 5Y2 416.636.4111 www.brandylanehomes.com

Tribute Communities 1815 Ironstone Manor, Unit 1 Pickering, Ontario L1W 3W9 905.839.3500 www.tributecommunities.com

Lindvest 3625 Dufferin Street, Suite 200 Toronto, Ontario M3K 1Z2 416.635.7520 www.lindvest.com

Urban Capital 17 Nelson St. Toronto, Ontario M5V 0G2 416.304.0431 www.urbancapital.ca

Worsley Urban Partners Limited 2751 Bloor St. W. 1st Floor Toronto, Ontario M8X 1A6 416.249.8181 www.worsleyurbanpartners.com

Urbancorp 120 Lynn Williams St. Suite 2A Toronto, Ontario M6K 3N6 416.928.5001 www.urbancorp.com Vandyk Group of Companies 1944 Fowler Drive Mississauga, Ontario L5K 0A1 905.823.4606 www.vandyk.com VHL Developments Inc. 271 Yorkland Blvd.

Toronto, Ontario M2J 1S5 416.391.4870 www.vhldevelopments.com Verdiroc Development Corp.

19 Lesmill Road, Suite 101 Toronto, Ontario M3B 2S7 416.486.4270 www.verdiroc.com Windcatcher Development Corporation 19 Stavebank Road North Port Credit, Ontario L5G 2T3 905.271.5033 Winzen Corporation Ltd. 30 Algie Avenue Toronto, Ontario M8Z 5J8 416.253.5900 www.winzen.ca

Yorkwood Homes 95 Barber Greene Road, Suite 302 Don Mills, Ontario M3C 3E9 416.449.6350 www.yorkwoodhomes.com Your Home Developments 4965 Steeles Ave.W. North York, Ontario M9L 1R4 416.745.6686 www.yourhomedevelopments.com YYZed Project Management 8888 Keele Street, Suite 1 Vaughan, Ontario L4K 2N2 905.738.1226 www.yyzed.net Zancor Homes 137 Bowes Road Concord, Ontario L4K 1H3 905.738.7010 www.zancorhomes.com Zen Homes Inc. 7300 Warden Ave. Markham, Ontario L3R 9Z6 416.604.8700 www.zenhomesinc.com

Wycliffe Group Ltd., The 34 Doncaster Ave., Suite 201 Thornhill, Ontario L3T 4S1 905.881.3040 www.wycliffehomes.com

2015 Condominium Builders’ Annual

79

Whether you’re renting or buying, finding your next home has never been so easy.

Pemberton Group Move in this year to SkyCity Condos tower 1 in the commuter-friendly Richmond Hill City Centre, where tower 2 is also now selling. SkyCity is close to York Region Transit, the GO Train to Union Station and GO bus service.

Residents can walk from this masterplanned community to shopping, dining and entertainment venues, and the area has a roster of parks, golf courses, cultural and recreational facilities. Next-generation amenities include SkyGarden - a landscaped terrace with gazebos, a fireplace, Crowning the top of midtown Toronto, a revolution in luxury lounge-style seating, barbecues and living is taking shape. discover a condominium community alfresco dining. A multi-media theatre, where prestigious finishes are a given, and the height of two video gaming rooms, party room, luxury is the service you get back. an urban escape. an urbane oasis. a new level of design, perfected by you. dining room, meeting room/library, exercise room, yoga/Pilates studio, Ten93 Queen West is situated on indoor swimming pool and lounge with and entertainment events held at The Queen Street West at Dovercourt Road. double-sided fireplace complement Drake and Gladstone Hotel. An iconic This unscripted neighbourhood has the bold new vision for living. fusion of art, fashion, culture, creativity been rated by Vogue magazine as one 905.709.5700 and style, the striking 9-storey building of the top 15 coolest, and is defined offers a wide selection of suites. by its cutting-edge dining, theatre, Move in now at Vivid Condominiums Amenities include a trend-setting party music and nightlife, fashion boutiques, at Bloor Street West and Islington Ave. roomToronTo with catering kitchen, fitness – CoMInG Soon and art galleries. Ten93 Queen West This amenity-rich area of Etobicoke is room, Yonge and landscaped terrace garden st., south of st. Clair embodies a raw organic lifestyle within only steps to the Islington subway and with register barbecues for alfresco dining. at thejackcondos.ca easy walking distance to the cultural Kipling GO. Vivid is the final building in 416.546.6355 Pemberton’s master-planned Port Royal Aspire to greAt design.

Place community, which has its own landscaped park, gazebo, playground and splash pad. Completed community amenities include an indoor pool, men’s and women’s change rooms, fitness centre, cards and billiards rooms, and a lounge with a fireplace, bar, servery and caterer’s kitchen.

416.239.8200

a neW leVel of design in Upper rosedale.

Take advantage of your last chance at pre-construction pricing at Downtown Erin Mills Condominiums, located in Mississauga’s prestigious Erin Mills area. Offering a downtown vibe, urban suite designs and inspired amenities, this popular masterplanned neighbourhood is situated aspenridgehomes.com