GTA NextHome+Condo Guide - Nov 10, 2018

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Gta housEholds want affordable housing

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All illustrations are artist’s concept. All dimensions are approximate.

All illustrations are artist’s concept. All dimensions are approximate.

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ExpErts say wE’rE not overbuilding

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18-0825_SATURDAY_CONDOGUIDE_NOV10-V1.pdf

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CONTRIBUTORS

BILD REPORT | DAVE wILKES dave Wilkes is president and ceo of the building industry and land development association (bild), the voice of the home building, land development and professional renovation industry in the gta. for the latest industry news and new home data, follow bild on twitter at @bildgta or visit bildgta.ca

chief revenue officer

Jacky Hill Jacky.Hill@nexthome.ca editor-in-chief

STAT CHAT | BEN MyERS ben myers is president of bullpen research & consulting, a boutique real estate firm that advises land owners, developers and lenders on housing market conditions that can impact their development projects. follow bullpen on twitter at @bullpenconsult or visit bullpenconsulting.ca

Susan Legge Susan.Legge@nexthome.ca art director

Tammy Leung contributing editors

Sara Duck Amanda Pereira media consultants

CONDO PRO | BARBARA LAwLOR barbara lawlor is president and ceo of baker real estate inc., and an in-demand columnist and speaker. a member of the baker team since 1993, barbara oversees the marketing and sale of condo developments in canada and overseas.

Daniela Francia Daniela.Francia@nexthome.ca Nina Downs Nina.Downs@nexthome.ca distribution

DistributionTeam@nexthome.ca sales & marketing co-ordinators

LEGALLy SPEAKING | JAySON SCHwARz Jayson schwarz ll.m. is a toronto real estate lawyer and partner in the law firm schwarz law llp. he can be reached by visiting schwarzlaw.ca or by email at info@schwarzlaw.ca or phone at 416.486.2040.

Gary Chilvers Sarah Khan accounting inquiries

AccountingTeam@nexthome.ca graphic designers

Miguel Cea Sandra Hanak-Vujnovic Mike Terentiev ad production

Pre-Press@nexthome.ca

TARION REPORT | HOwARD BOGACH howard bogach is president and ceo of tarion Warranty corp. for more information about how tarion helps new-home buyers, visit tarion.com

Published by

nexthome.ca Advertising call 1.866.532.2588 for advertising rates and information.

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

4 NextHome+CondoGuide | Nov. 10–24, 2018

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ADVICE | LEgALLy SpEAkIng

WHY IS MY HOME SO EXPENSIVE? JaYSOn ScHWarz

“

Have you ever wondered why new condo costs keep climbing so steeply even as interest rates rise? I suppose everyone wants to blame the greedy builders trying to squeeze every dime from the consumer.

I am going to present some surprising facts around something called “soft costs” which is how much tax is built into every deal, both directly and indirectly.

A builder client recently provided me with a breakdown of the different types of taxes paid on a one-bedroom condominium.

I think it is important you, the consumer, understand just how much you are paying in taxes on that new-home purchase.

As a result of an over-abundance of report requirements from the city a developer/builder now faces all of the non-construction costs of roughly 50 per cent of the cost of building.

Now, what are other soft costs are added in on top of those shown?

As a result of an over-abundance of report requirements from the city, a developer/builder now faces all of the non-construction costs of roughly 50 per cent of the cost of building. So, if that project costs $10 million to build that means the developer/builder is facing $5 million in consulting fees, interest and all of the development charges, Tarion fees, parkland levies, Section 37 charges, demolition, shoring, foundation and building permit costs.

Spread these costs over a small building and it increases the percentages dramatically.

SALe PRiCe (inCL. H.S.T.) $ 500,000 H.S.T. Dev. Charges (Toronto, 11/18) Parkland Contribution Building Permit Fees Rezoning app/OPA/Draft Plan Sec 37 Agr Property Tax (Land owned) Land Transfer Tax

Tax Costs $36,283 $24,150 $ 5,000 $ 957 $2,500 $3,000 $5,000 $11,499

”

So what can you do? Speak to your counsellor, just elected, about reining in all of these costs and relieving mid-size buildings of the equal burden to large projects of all these costs. Remind them we need more housing and we should not burden the purchaser unduly.

Everyone should be able to own their own home.

Mail, deliver or fax your questions, concerns, critiques and quandaries to the magazine or to us through our website, www.schwarzlaw.ca, or by email at info@schwarzlaw.ca. We will try to deal with them in print or electronic form.

SquARe FeeT: 600 % of purchase price 7.3% 4.8% 1.0% 0.2% 0.5% 0.6% 1.0% 2.3%

Municipal $$ 24,150 $ 5,000 $ 957 $ 2,500 $3,000 $5,000 $5,749

provincial $ 13,097 $$$$$$$5,749

Federal $ 23,186 $$$$$$$-

Total Taxes paid by buyer $88,389 or 17.70 per cent of the purchase price. Builder profit $17,640.00 or 3.6 per cent of the purchase price. That’s not much of a margin.

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

6 NextHome+CondoGuide | Nov. 10–24, 2018

+mOre adVICE OnlIne nexthome.ca/news/advice

Nov 10 - 24 2018 | volume 26 issue 21

CONTENTS

16 ON THE COVER:

Menkes SugaR whaRf – a NEw visiON fOr TORONTO’S waTERfRONT 8 NextHome+CondoGuide | Nov. 10–24, 2018

what an “aCT Of gOd” means for your new home waRRaNTy

20 pROpERTy pROfilES

adViCE

iNSpiRaTiON

22 reserve and westdale

06 legally speaking

28 lifestyle

Properties

Line 5 takes condominium living to the next stage of modern living

34 graywood Developments `

SCOUT Condos unique features offer a community-building experience in West St. Clair West

TRENdiNg

26 8 cumberland A new Yorkville condominium from Great Gulf and Phantom Dev. breaks ground

36 lake suites World-class lakefront living in the heart of the city

42 saturday in Downsview Park

Now open, a new mid-rise condominium bordering the park

47 m2m condos Aoyuan kicks off its new North York community with a pop-up block party

Anna Olson eases the burden of the holiday season home with tips and a sweet recipe

Why is your condo so expensive? The answer may surprise you! by jaysoN schwarz

12 bilD report

iN EVERy iSSuE

GTA home buyers dealing with mortgage hurdles and affordability challenges

by Dave wilkes

4

contributors

10 editor’s Note 37 hot Properties gTa

14 stat chat Experts finally agree, we’re not overbuilding in Toronto

43 hot Properties swo

by beN myers

46 advertiser index

28 Tarion report What is an “act of God” when it comes to your new-home warranty?

48 what’s online

by howarD bogach

30 condo Pro Condominium living can be the solution to a spectrum of housing needs by barbara lawlor

14

ThE ExpERTS finally agree — TORONTO is not overbuilding! nexthome.ca 9

Editor’s notE

Housing outlook calls for moderate price growtH

susan legge Editor-in-chiEf nextHome+condoGuide Email: susan.legge@nexthome.ca twittEr: @susanlegge

According to the just-released Housing Market Outlook report published annually by Canada Mortgage and Housing (CMHC), the Canadian housing market is destined to see a moderation in sales and housing starts over the next two years.

As far as house prices, the report states that they will be more in line with economic fundamentals such as income, job and population growth with “balanced conditions prevailing.” In the Greater Toronto Area, expect a moderate increase in sales and home prices that rise in line with inflation as well as a continued demand for rental properties, which is good news for buyers and real estate investors alike.

As the cost of home ownership continues to rise, CMHC suggests that the Toronto rental market will still require a steady supply of rental accommodations to be added to the market, and that Toronto buyers could see more “housing choices” from developers and builders who will be concentrating their efforts on building high-rise projects.

In terms of the provincial housing market, the report says Ontario’s diminished sales activity in 2018 will see a “partial recovery” in the upcoming year, with homebuyers re-entering the market thanks to better-than-expected job growth and in-migration.

As we forecast what’s ahead, this issue of NextHome + CondoGuide is on top of what’s happening right now, with many insider details on new and up-and-coming communities and tips from experts.

I hope you enjoy this issue. Drop us a line and let us know what you think.

Why is your condo so expensive?

6

It’s time to start planning ahead for the holidays!

28

+ get social 10 NextHome+CondoGuide | Nov. 10–24, 2018

interact with us on social media: nexthome

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ADVICE | bIlD rEport

GTA households want to buy homes buT AffordAbiliTy is A challenge

dAve Wilkes

Every fall, BILD invites experts on economics and housing to join us for breakfast and speak to our members about what the GTA housing market will look like in the coming year. This fall was no exception and I was heartened by much of what I heard about current and future trends from Patricia Arsenault of Altus Group and Dana Senagama of Canada Mortgage and Housing Corporation (CMHC). I also saw we have much left to do around housing supply and affordability in our region.

There’s no doubt we have a lot to look forward to in the GTA. Economic conditions are expected to be solid in the short term, with the employment growth rate projected to be 1.8 per cent in 2019, according to Arsenault, who is Altus Group’s Executive VicePresident, Data Solutions. More GTA households than last year are planning renovations of over $5000 in the next year, and the percentage of GTA households that currently rent but plan to buy a home in the next year has rebounded after softening last summer, according to Altus Group’s survey.

But these survey results only indicate what homeowners and potential new home buyers intend to do, not what they are ultimately able to do, and Arsenault noted 12 NextHome+CondoGuide | Nov. 10–24, 2018

that households may take longer to save for that first home in the face of new mortgage hurdles and housing affordability challenges.

The prices of condo apartments, which used to offer potential home buyers a more affordable choice than single-family homes, have been rising, reducing the advantage of this option. In September, the benchmark price of new condo apartments was $789,643 and the benchmark price of new single-family homes at $1,119,533.

Despite rapid price gains in both ownership and rental markets, the supply response has been weak or inelastic, said Senagama, who is CMHC’s Manager of Market Analysis. That means our housing supply is not rising in response to increased demand for housing and the corresponding increase in the prices of homes, as the law of supply and demand would lead us to expect. In fact, Senagama showed that Toronto is one of the markets in Canada that are not at the risk of overbuilding.

I was not surprised to hear this.

BILD has consistently delivered the same message. We have said that we are not building enough

housing to accommodate the 115,000 new residents who are arriving in our region every year.

We should be building 50,000 homes every year, and last year we only built 38,000. A big reason for this supply shortfall is the lengthy development process that housing projects face in the GTA, slowed down by outdated regulation and red tape.

We should be updating zoning bylaws and official plans and streamlining the list of conditions for municipal approvals, so that we can build the housing our growing region needs. Only then will potential home buyers be able to afford to make their dream of owning a home a reality.

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

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ADVICE | stAt ChAt

ExpErts Agree WE’rE Not overbuildiNg in toronto

BEn myErs

In mid-October the Building Industry and Land Development Industry (BILD) held its annual Economic and Housing Outlook Breakfast. One of the keynote speakers was Dana Senagama, the Manager of Market Analysis for the Canadian Mortgage and Housing Corporation (CMHC). One of the first charts she displayed is CMHC’s Housing Market Assessment, in which they indicate that the Toronto housing market is highly vulnerable to overvaluation.

I don’t know the methodology they use for calculating whether Toronto is fairly valued, but I trust they have a lot of analysts and data scientists with a lot of experience crunching the numbers. In March and April of 2017 the market was clearly overvalued, but I’m not convinced it is today.

However, the assessment that CMHC has made in the past which I always had issue with was their contention that Toronto was vulnerable to overbuilding. Despite there being 71,276 new housing units under construction in the Toronto Census Metropolitan Area at the end of September, we’re still not building enough to satisfy demand. CMHC has now concluded that we are not overbuilding, and the Bank of Canada is no longer warning about condo construction numbers either – too bad it took so long.

14 NextHome+CondoGuide | Nov. 10–24, 2018

“

Senagama points out that the measures implemented by the government to reduce housing demand like the non-resident speculators tax in 2017, and the new mortgage stress test in 2018 have resulted in much lower resale house prices, but she thinks their impact will be short-lived, as supply is not keeping up with demand.

A survey she presented shows Torontonians agree, with 45 per cent of respondents expecting housing prices to increase over the next 12 months (30 per cent expect no change, 15 per cent answered “I don’t know”).

Another interesting chart that Senagama presented was the number of real estate investors in major Canadian cities. The results were interesting as people tend to blame investors for driving up housing prices, but Montreal with relatively affordable housing has over 200,000 real estate investors, compared to less than 150,000 for the hugely unaffordable Vancouver – but those numbers don’t control for population.

The next speaker, Patricia Arsenault from the Altus Group pointed out that Canada intends to increase immigration to 340,000 a year and 30 per cent of that growth is headed to the GTA. With fewer resale housing transactions, much fewer single-family new housing completions in 2018 and 2019, and this big increase in immigration in the GTA, there will be some upward pressure on prices (offset by higher interest rates), but major upward pressure on rental rates.

If you’re looking for a new home, hire a good Realtor that is really tapped into the market.

”

The sentiment I got from chatting with industry participants in the room is that they are generally bullish on the market moving forward, and 2018 has been a bit of a strange aberration in which different segments of the market are moving in opposite directions.

If you’re looking for a new home, hire a good realtor that is really tapped into the market. If you’re a developer that needs some help on values at your next site, give me a call. In uncertain times, it can’t hurt to get a second opinion. But at least we can all agree that we’re not overbuilding. Finally.

Ben Myers is President of Bullpen Research & Consulting, a boutique real estate advisory firm, that works with land owners, developers and lenders to better inform them of the current and future macroeconomic and site-specific housing market conditions that can impact their active or proposed development projects. Follow Bullpen on Twitter at @BullpenConsult or visit bullpenconsulting.ca

+morE AdviCe onlinE nexthome.ca/news/advice

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16 NextHome+CondoGuide | Nov. 10–24, 2018

Sugar Wharf: The SWeet STuff Picture yourself on your next vacation; enjoying your morning coffee with a view while overlooking the water from your balcony; starting the day with a good sweat at the gym; taking a dip in the pool, or soaking up sun on the terrace; and later, enjoying a BBQ with friends.

Now imagine if this was your home. Life at Sugar Wharf Condominiums will be like living in your own luxurious resort on the water.

Menkes is introducing an exceptional new-home opportunity in Toronto’s Downtown Waterfront District with Sugar Wharf Condominiums. The new Sugar Wharf community will encompass 11.5 acres and will include luxury residences, offices, restaurants and shops, a two-acre park and a new school. Once complete, Sugar Wharf will be the largest mixeduse development on Toronto’s

Waterfront; home to 7,500 residents and 4,000 office workers.

Packed with stunning amenities, designed by award-winning interior design firm Cecconi Simone, Sugar Wharf will take condominium living to the ultimate level. It’s everything you’ve ever wanted in a home wrapped into one unbeatable location. Whether you’re living independently, or looking to grow your family, Menkes has every facet of your lifestyle covered, with a list of amenities so inviting, you’ll forget that you’re at home and not an exclusive resort.

While condo living once posed challenges to residents with large families, Sugar Wharf Condominiums will elevate your ability to entertain, be it large groups, or small. The building offers future residents and their guests a variety of social gathering

spaces including: a games lounge, private theatres, party rooms, and a bar/lounge area. Families with children will have more to do than they could ever dream of, with a list of amenities that rivals any kid’s facility: an art/ hobby studio, an arts and crafts room, music room, virtual reality room, hammock lounge, and children’s playroom.

With all this packed into one building, it completely eliminates the hassle of bundling the kids up in cold weather, in search of local indoor entertainment. Residents will have access to guests from out of town can also take advantage of two luxurious hotel-styled guest suites.

The building’s landscaped outdoor space, designed by NAK Design Group, is equally as exciting as the interior. It features a reflective pool, a bbq and fire pit with adjacent dining area—taking al fresco will nexthome.ca 17

dining to the next level—and a play area for the little ones. No matter what you’re doing outside, you will be able to enjoy spectacular views of the city and water.

When residents aren’t entertaining, they will be able to enjoy living their most active lifestyle. In addition to being connected to the waterfront boardwalk and everything it has to offer, the development will include access to a 25,000 square foot state-of-the-art fitness centre equipped with cardio machines, free weights, a pool, basketball court, and fitness studios for group classes. Convenient onsite bicycle storage, and change rooms with locker and shower facilities make staying active even simpler, especially for anyone looking to squeeze in a quick workout before work or school.

If you think condo living means comprising on outdoor or entertaining space, think again.

Sugar Wharf will include all the luxuries you come to expect from home ownership, and more. It’s the way of the future, and the future is chock-full of exciting possibilities just outside your suite door.

+ Location Downtown Waterfront, Toronto BuiLder Menkes deveLopment Sugar Wharf Condominiums Home type Condominium contact menkes.com/sugarwharf

18 NextHome+CondoGuide | Nov. 10–24, 2018

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ADVICE | TArIon rEporT

ACTS OF GOD HowArd BogACH

As Canadians, we spend a lot of time talking about the weather.

This year’s wild weather has certainly given us lots to talk about – and the winter promises a steady supply of conversation starters. For Ontario alone, the Farmer’s Almanac is forecasting “wide swings in the weather pendulum” and “occasional spells of tempestuous conditions”.

When extreme weather happens, Tarion will often receive calls from homeowners asking whether storm-related damage is covered under the warranty plan.

New homes that are designed and built to Ontario Building

Code standards are expected to withstand Ontario’s normal weather conditions – like ice, snow, high winds and heavy rains.

Under the Ontario New Home Warranties Plan Act, however, warranties do not apply to damage resulting from an “act of God”. An act of God is a natural event that is unexpected and unavoidable and causes damage that is beyond the control of the builder.

A high wind, for example, is not an act of God unless it is of such exceptional strength that no builder in Ontario could be reasonably expected to anticipate its force.

This means that the act of God exclusion only applies to extraordinary occurrences or conditions of nature that could not have been reasonably

foreseen or guarded against.

Examples include tornadoes, earthquakes and extreme winds.

So, if you’re a new home owner whose home has been damaged by an ice storm, heavy snowfall or high wind, what do you do? You should contact your builder who in turn should inspect the damage to determine if warranty coverage applies. If it’s not covered, you may be able to make a claim for it under your home insurance.

If a home owner reports damage after a weather event and the builder believes the act of God exclusion applies, the onus is on the builder to prove it. For example, if roof shingles on a newly built home flew off on a windy day, the builder would be required to replace the shingles unless the builder can prove the shingles were installed properly and became detached only because there was an extraordinary wind.

As we contend with Mother Nature’s extremes, what constitutes ‘normal’ Ontario weather may change and so may the requirements for building homes to withstand it. In the meantime, if you have questions about your warranty coverage or the act of God exclusions, you can contact Tarion at 1-877-9TARION or email customerservice@tarion.com

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

+more aDVICE online nexthome.ca/news/advice

20 NextHome+CondoGuide | Nov. 10–24, 2018

WHEN YOU BUILD,

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PROPERTY PROFILE

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ReseRve ProPerties westdale ProPerties set sights on a new city centRe Sited along Toronto’s main rapid transit artery, Line 5 Condos addresses the shift in how we really live, work, and connect.

With $5.3 billion in capital investment and 19 km of rapid transit intersecting Toronto’s main subway artery, Yonge and Eglinton is emerging as one of the most connected and important mobility hubs in the country. It is 22 NextHome+CondoGuide | Nov. 10–24, 2018

in this context, with one of the largest transit projects in Canada as a backdrop, that Reserve Properties and Westdale Properties announced a much anticipated joint venture, Line 5.

“The impact the new LRT will have on Yonge and Eglinton is hard for people to conceptualize,” says Shane Fenton, Chief Operating Officer, Reserve Properties. “It’s not hyperbole to say this is going to drastically change Toronto. With rapid transit in every direction, Yonge and Eglinton will emerge as the new centre of the city. As developers we have an opportunity and a responsibility to contribute to this transformation and help

realize its full potential.”

Inspired by the physical shift taking place around them, Line 5 responds directly to the fundamental changes in the way Torontonians live their lives. From transit and ride-sharing to the rise of online shopping and the decentralization of the workplace to the hyper-focus on health and wellness, the way people live in 2018 is radically different to how people lived even five years ago.

“Westdale Properties is a long-time believer in Yonge and Eglinton. We were one of the first to invest in the neighbourhood when we began our 88 On

Broadway project in 2005,” says Mitchell Cohen, Chief Operating Officer, Westdale Properties. “By partnering with Reserve on Line 5, we’re returning to the community and continuing to push it forward.

Communities are defined by the people who inhabit them and Yonge and Eglinton is bursting with energy. We want to harness that energy and generate something truly innovative.”

“Five years ago we didn’t have Uber and Lyft in Toronto. We didn’t have Foodora and Ritual. Online shopping wasn’t at the level it is today, health and wellness weren’t as prevalent as they are today,” adds Fenton. “We take for granted how much our lives have changed in such a short span.”

The pursuit of Line 5 is to address the changes in how we live, not only through an embrace of more technology, but through the thoughtful application of space: a dedicated ride-share pick-up is intended to alleviate the impact on local traffic; oversized parcel storage takes the clutter off the concierge desk; hot and cold storage in the lobby ensures the convenience of ordering food online doesn’t come with diminishing returns.

Designed by IBI and U31 to fulfill a simple but elusive goal; condos should respond to how we live now.

“Line 5 advances what it truly means to be an urbanist,” says Architect Mansoor Kazerouni, Global Director Buildings at IBI Group and lead consultant on the Crosstown LRT. Clad with high-contrast metal, mesh, and natural materials, Line 5’s two 36- and 33-storey towers and eight-storey podium aim to add a new and unexpected contrast to the existing condos at Yonge and Eglinton.

Line 5’s wellness suite includes an over 10,000 sq.ft. state-ofthe-art fitness facility on the ground floor with dedicated spaces for on-demand interactive training systems like PRAMA and

Peloton, personal training, and yoga overlooking an outdoor Zen garden. Wellness spaces clad in calm stone materials include a spa with a steam room, saunas, and pool with a nanotech skylight.

On the upper amenity floor, a co-working space and social club opens to a designer pool through a glass nana wall that connects inside and out. Using the dynamic layering of rich materials, curving banquettes, and stone harvest tables, U31 tailored the design of

the flexible space to support those working remotely during the day while offering opportunities to socialize at night. Intricate design details extend to all shared spaces, including two communal kitchens, three outdoor lounges, an art room, outdoor theatre, library, and game spaces.

Phase one at Line 5 Condos will feature 450 of 930 units with prices starting in the $300s.

For more information, register at line5condos.com. nexthome.ca 23

THIS IS YORKVILLE Fine Art. Fine Dining. Shopping. Socializing.

Entertainment. It is all a part of Yorkville’s unique composition.

This esteemed neighbourhood is one of affluence and excellence. It’s the place to see and be seen, and this is your last chance for pre-construction pricing.

Suites from 1068 sq.ft. to 1188 sq.ft.

The Yorkville Collection starting from $1.6M

Book your private appointment today.

416.928.9998 | 8cumberland.ca

Prices and specifications are subject are subject to change without notice. E. & O. E. Illustration is artist concept.

trending

Great Gulf and Partners Break Ground on 8 Cumberland

Let the building begin. From left to righ: Ronnie Strasser, Sam Strasser, Alex Strasser, Stanton Strasser, Jay Strasser, Alan Vihant, Niall Collins, Mike McGrath, Hunter Milborne, Boris Shteiman, Josh Shteiman

Award-winning developers Great Gulf and Phantom Developments Ltd., along with The Kadima Group and MM Realty Ventures Inc. celebrated the ground-breaking of 8 Cumberland, a modern 51-storey high-rise condominium with a century-old brick Victorian podium. Located at the northwest corner of Cumberland Avenue and Yonge Street, it will pay homage to Yorkville’s timeless heritage and the neighbourhood’s revitalization.

Conveniently situated near two subway intersections, Canada’s most exclusive shopping district and one of the best cultural and art destinations in the world, 8 Cumberland is a sculpture with ribbons of gleaming steel and luminous glass creating a stunning façade. The masterplan includes 26 NextHome+CondoGuide | Nov. 10–24, 2018

parks and open spaces with pedestrian mews that will connect Yorkville Avenue to Cumberland Street and eventually to Bloor Street.

“8 Cumberland will create a new gateway to the Yorkville District. Our commitment to the neighbourhood’s revitalization includes a 36-storey condo tower at 18 Yorkville, the iconic 76-storey condo tower at One Bloor east and this 51-storey condo development all within a block radius. I would like to thank our partners Phantom Developments, The Kadima Group and MM Realty Ventures Inc. for sharing our vision in developing this project,” said Great Gulf President Residential Niall Collins.

Designed by Architects Alliance with interior designs by Thomas Pearce and landscape architecture

by NAK Design, this sleek and stylish building will feature retail on the ground and second floor within the heritage building dating back to the late 19th century. With 371 units ranging from 468 – 1845 square feet, the spacious openconcept suites offer panoramic city views and state of the art amenities.

“Phantom Developments is thrilled to be breaking ground on 8 Cumberland. When we acquired the site in 2014, we knew we had the opportunity to develop a true landmark in our vibrant city,” says Henry Strasser, Principal of Phantom Developments. “The Strasser family would like to thank all of its team, consultants, and partners, specifically Great Gulf, for spearheading the development to make this vision a reality.”

GRANDOPENING SATURDAY, NOVEMBER 17 & SUNDAY, NOVEMBER 18 SOPH I ST I C AT ED C O N D O L I V I N G IN THE EXCLUSIVE O N E F O N T H I L L C O M M U N I T Y .

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INSPIRATION |

lifestyle

NextHome gets you ready for the busy entertaining season with tips from celebrity chef, Anna Olson and a sweet recipe.

Entertain with ease The fReezeR IS yOuR fRIeNd. Getting ahead of your holiday baking means making what you can now and freezing the rest for later use. As a general note, baked cookies with less sugar freeze better than cookies with a lot of sugar. Try freezing your cookie doughs, and then bake when needed. The doughs take up less room in the freezer, and all of the hard work is done – you just have to thaw and bake. Remember to label the cookie doughs and include the baking instructions.

MAke A lIST. To get yourself ready for hosting a big holiday meal, do what a chef does, make a list. After you’ve picked your recipes, then you can write out a list of what can be done a week ahead, two-three days ahead, a day ahead and what has to be done last minute (and it will feel less overwhelming). This will help you organize your shopping list, too

Check out her new book Set for the holidays with Anna Olson: Recipes to bring comfort and joy. $40. Indigo.ca

FInd more From AnnA at annaolson.ca 28 NextHome+CondoGuide | Nov. 10–24, 2018

PlAN yOuR MeNu. When planning your big holiday meal, of course, you have to make the family favourites, but if you are adding some new dishes, take time to plan how many need to go into the oven or be cooked on the stove. Too many pots on the stove? Then switch your mashed potatoes to roasted or scalloped, to fit them into the oven. No room for the ham in the oven? Consider baking it overnight at 275F – it smells fantastic as you arise!

TAke cARe Of The SMAll ThINgS. To avoid that last-minute panic when hosting a party, take care of little fussy tasks the day before.

Chop parsley or chives, slice your lemons and limes and do your chocolate shavings all ahead so that when your guests are walking through the front door, you just have to sprinkle and garnish with a smile.

Caramel apple bars

MAkeS ONe 8-INch (20 cM) SQuARe PAN • MAkeS 25 TO 36 BARS PReP: 25 MINuTeS • cOOk: 42 MINuTeS, PluS chIllINg

INgRedIeNTS BASe

1 Preheat the oven to 350°F (180°C). Grease and line the bottom and sides of an 8-inch (20 cm) square pan with parchment paper.

• 2 cups (300 g) all-purpose flour • 1 cup (100 g) regular rolled oats (not instant) • cup (150 g) packed dark brown sugar • 1 tsp ground cinnamon • 1 tsp ground ginger • 1 tsp baking powder • cup (175 g) unsalted butter, melted

fIllINg ANd ASSeMBly

2 For the base, stir the flour, oats, sugar, cinnamon, ginger and baking powder in a large mixing bowl by hand. Add the melted butter and stir until the mixture is rough and crumbly (like a fruit crisp topping).

3 Firmly press two-thirds of this mixture into the prepared pan and bake for 12 minutes, until browned just a little at the edges. Cool in the pan on a wire rack. Leave the oven on.

4 For the filing, arrange the sliced apples on top of the baked crust (it’s okay if it’s still warm).

Drizzle ½ cup (125mL) of the warm caramel sauce over the apples, and then top with remaining crumble mixture, pressing down gently.

5 Bake for 30 minutes, until lightly browned. Let cool I the pan on a wire rack to room temperature.

6 Drizzle the remaining ¼ cup (60mL) of caramel sauce over the pan and then chill uncovered for a least two hours before slicing.

7 Thaw the bars overnight in the fridge before finishing them with the caramel drizzle.

• 3 medium apples, peeled and thinly sliced • 3/4 cup (175 mL) Butter Caramel Sauce, warmed, divided

Butter Caramel Sauce INgRedIeNTS MAkeS ABOuT 1 1/2 cuPS (375 ml) PreP Time: 5 minutes Cook Time: 6 minutes • 3 Tbsp (45 mL) water • 2 tsp (10 mL) lemon juice • 1 cup (200 g) granulated sugar • 1/2 cup (125 mL) whipping cream • 1/2 cup (115 g) unsalted butter • 1 tsp (5 mL) vanilla extract • 1 tsp (5 g) sea salt

1 Place the water and lemon juice in a medium saucepan and then add sugar (do not stir).

Bring to a full boil on high heat, without stirring, until sugar becomes amber. As sugar cooks, occasionally brush sides of pot with water to keep it clean and prevent sugar from crystallizing.

Towns & Singles

in Beamsville

See page 2 for more information

2 Remove pot from heat and whisk in cream, and then whisk in butter until melted.

3 Whisk in vanilla, salt and let cool Pour sauce into covered bowl. Chill 4 until ready to use. Serve warm.

LosaniHomes.com nexthome.ca 29

Advice | condo pro

CONDOS THE ANSWER TO THE SPECTRUM OF NEW HOME NEEDS

BARBARA lAWlOR

common area maintenance to the professionals frees up time for busy professionals and travelloving seniors alike.

“

the high life or the more intimAte?

In your new home shopping adventure, consider the condominium, as you are likely to find a residence that satisfies all of your needs and wants.

Are you looking to invest finAnciAlly or in lifestyle?

Both investors and end-users (who will likely sell some time in the future) appreciate the fact that across Toronto and the Greater Toronto Area, condominiums are providing an excellent return-oninvestment. Just think of those who purchased condos five or 10 or 15 years ago, and how their original financial investment has ballooned. Today’s new condos are located close to transit and amenities and offer the kind of carefree living that appeals to all ages. Some even include retail venues right in the podium.

WhAt kind of buyer Are you?

Single? Couple? Family? Emptynester? Retired? Condominiums can be the perfect fit for all of the above. Suite choices today range from studios to three-bedroom + den layouts, all of which live larger than their square footage because of innovative design. With amenities located in the building, the need for taking up suite space with exercise equipment, large dining tables and the like is a thing of the past. Leaving exterior and 30 NextHome+CondoGuide | Nov. 10–24, 2018

For some condo owners, living in a high-rise in the urban core is a dynamic dream. They love being where the action is, with the hustle and bustle of city life energizing their everyday lives.

Others, especially those rightsizing from large low-rise homes, prefer a mid-rise condominium with fewer amenities and more intimate surroundings. These owners look forward to getting to know their neighbours in a setting that is more tranquil. Regardless, a condominium is in essence a vertical community in every sense of the word. modern, trAditionAl or in-betWeen?

Whatever your architectural preference, you will certainly find choices that fit well into that aesthetic sensibility. Today’s condo developers are enlisting worldrenowned architects to create head-turning exteriors that fit well into their surroundings. Many buildings even incorporate original sections of the historic structures they are replacing. Then there are sleek, chic, modern towers with glass facades. Those situated in former industrial areas may feature metal and brick accents that pay tribute to their locations’ heritage.

Exploring condominium choices in Toronto and the GTA is fascinating and fun, as we are

Single? Couple?

Family? Emptynester? Retired?

Condominiums can be the perfect fit for all of the above.

”

fortunate to have the best and most diverse selection in North America. Make your must-have list and check it often. Keep an open mind, especially to square footages, as designs today are so functional that every inch of space is useful. Your new condominium should feel like home to you the moment you drive or walk up to the building. The exterior should entice you, and the interior should carry through that theme. You are the key ingredient in your condo choice. And once you zero in on the perfect condo, it’s up to you to make your life fulfilling in your beautiful new home.

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

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

+mORE aDVICE ONliNE nexthome.ca/news/advice

Trending

most Canadians aware of new mortgage qualification rules The majority of Canadian homebuyers are comfortable renewing their mortgages and are familiar with the new mortgage qualification rules, according to a report released Oct. 18 by Canada Mortgage and Housing Corp.

(CMHC) in its annual Mortgage Consumer Survey (MCS). CMHC conducted an online survey of 4,000 prime household decisionmakers who had undertaken a mortgage transaction in the past 12 months.

“Shopping for a mortgage can be overwhelming, so the more information you have, the better your experience,” says Carla Staresina, vice-president, client relationship management CMHC. “We’ve expanded our survey to give us greater detail on what Canadians want when looking for a mortgage and how they go about the process. We also now have more insight into important groups like Millennials and firsttime buyers.”

Sixty-eight percent of those surveyed had renewed their mortgage, 15 per cent had refinanced and 16 per cent had purchased a home with mortgage financing (nine per cent first-time buyers and seven per cent repeat buyers).

Almost half agreed they would feel comfortable using more technology to arrange their next mortgage transaction.

Nonetheless, the majority said it is important to meet face-to-face with their mortgage professional

when negotiating and finalizing a mortgage. Overall, most homebuyers obtained a mortgage loan only, a fixed interest rate, a five-year renewal term and 25year amortization period.

Fifty-two per cent of homebuyers were aware of the latest mortgage qualification rules.

About one-in-five first-time buyers indicated that the rules impacted their purchase decision, with most opting to decrease nonessential expenses, purchase a less expensive home or use savings to increase their down payment.

While homebuyers are generally satisfied with the advice they receive from their mortgage professional, they said they would like more information on interest rates, types of mortgages available to them, current and long-term mortgage strategies, mortgage or house purchase fees as well as tools to manage their mortgage.

When compared to other factors such as type of neighbourhood, proximity to work and overall condition of the home, affordability topped the list with more than 50 per cent of buyers worrying about paying too much for their home. Nearly one-third said they worry about rising interest rates and mortgage qualification and 37 per cent felt concern or uncertainty when buying a home. Eighty-five per cent of first-time buyers spent the most they could afford on their home purchase and 76 per cent said they are confident they will be able to meet their future mortgage payment obligations.

More than 22 per cent of firsttime buyers were newcomers to Canada and almost 50 per cent of first-time buyers were Millennials (ages of 25 and 34) down from 60 per cent in 2017. nexthome.ca 31

PROPERTY PROFILE

SCOUT Condos is a 12-storey mid-rise building by Graywood Developments. Following on the success of its predecessor building, SCOOP Condos, Graywood tapped the same project team, which includes SMV Architects and TACT Design.

SCOUT condos ameniTieS Offer community-building opportunities in emerging WeST ST. Clair WeST Unveiling new renderings of the interior and exterior amenity spaces at SCOUT, Graywood Developments has made the residence’s common spaces into community-building centres that allow for residents to interact and socialize while also acting as a natural extension of their living spaces. The lifestyle-focused amenities of SCOUT, located in the West St. Clair West neighbourhood at St. Clair West and Old Weston Road, were largely influenced by the energy and strong communityoriented streetscapes.

With a growing number of urban young families in the area, SCOUT’s amenities are both practical and kid-friendly. Residents will have access to a wide selection of amenities, concentrated on 34 NextHome+CondoGuide | Nov. 10–24, 2018

the top 12th floor and the ground floor of the building. Building on the well-received design of Graywood’s predecessor building, SCOOP, interior design firm TACT Design brought a similar aesthetic to SCOUT’s larger amenities and spaces. Warm and modern finishes along with glossy and natural elements bring a unique and contemporary warehouse-feel to the building.

Stepping into the building, residents will enter the lobby greeted by a concierge. The lobby is not only designed as a space to pass through, but one where residents can sit, gather, and meet their neighbours. The lobby then flows seamlessly into an expansive common area that provides residents the flexibility to socialize

or work alone, mirroring a café or a co-working space. Further into the ground floor is a stateof-the-art gym and yoga room, as well as dining and lounge spaces.

The ground floor amenities flow effortlessly together, creating an animated path through the building.

On the 12th floor is a secluded oasis that provides residents a tranquil getaway from their busy urban lifestyles. A lounge with a landscaped terrace, connected by large glass windows all around, offers stunning views of the neighbourhood and the downtown Toronto skyline.

SCOUT is a 12-storey mid-rise by the same team behind SCOOP, which includes SMV Architects and TACT Design. Graywood’s involvement in this neigbourhood

dates back to 2016 when it launched SCOOP, a six-storey condo building – the first-ever condo in that stretch of St. Clair West.

Since then, there has been a plethora of new restaurants, breweries, art galleries, cafés and the food emporium, Nations Fresh Foods, that have injected the area with a new vibrancy and culture. Metrolinx has also unveiled plans to build a new GO Station and Smart Track station right across the building. With an extremely high Walk Score and close proximity to transit, SCOUT residents will be able to explore this neighbourhood and beyond with ease. The West St. Clair West neighbourhood is only poised for more exciting growth, and with SCOUT at the centre of it all, the building will become a landmark in this area.

The expansive rooftop leads out from the indoor lounge on the 12th floor. With a fully landscaped terrace, the rooftop is a tranquil oasis from residents’ busy urban lifestyles, and provides stunning views of the neighbourhood and downtown Toronto.

The 12th floor is an extensive common area that serves as a natural extension of residents’ living spaces. Residents can gather for a meal or a casual meet up while taking in the surrounding breathtaking views through the large glass surrounding windows.

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LOcaTIOn West St. Clair West, Toronto buILdER Graywood Developments dEvELOPmEnT SCOUT HOmE TYPE Mid-rise condominium REgIsTRaTIOn scoutcondos.com The ground floor amenities provide a natural animated pathway throughout the building. nexthome.ca 35

TRENDING

lake SuiteS offers world-class waterfront living Toronto’s waterfront is climbing up the ranks of being among the best in the world and has recently been compared to those in San Francisco, Sydney, Stockholm and Cape Town. The one-two punch of Google’s Sidewalk Labs and the federal, provincial and municipal $1 billion investment into the revitalization of Toronto’s waterfront announced last year will have the lakefront looking better than ever.

Amid all the exciting changes to Toronto’s waterfront is Greenland Group (Canada)’s Lakeside Residences. Successfully launched last year, the development’s new release is about to hit the market and make a giant splash.

36 NextHome+CondoGuide | Nov. 10–24, 2018

Lake Suites is the most southern piece of the Lakeside Residences development. Being closest to the lake, this new tower promises unparalleled views of both Lake Ontario and Toronto’s robust skyline.

Designed by II BY IV, Lake Suites features natural elements to complement the proximity to the lake and other outdoor spaces nearby like the Don River Valley Trail. Many units in Lake Suites boast floor-to-ceiling windows and open concept layouts as well as balconies and terraces that are perfectly positioned for breathtaking views in every direction.

Lake Suites is perfectly nestled between the hustle and bustle

of Toronto’s Financial and Entertainment Districts, and the calm serene shoreline of the lake with all of the quaint cafés and restaurants that line it.

Ideal for someone who wants to be steps away from Cherry Beach, Harbourfront Centre, Scotiabank Arena, Sony Centre and the best of what Toronto has to offer, Lake Suites is the place to call home.

Lake Suites features units ranging in size from 477 sq. ft. to 1101 sq. ft. and include one-bedroom, one + den, twobedroom, two + den and threebedroom layouts.

Prices start from the mid$500,000s. For more information visit lakesidetoronto.ca

HOT PROPERTIES

find your next home The latest properties in the toronto area to keep your eye on

gta prevIew registration 1. downsview park By: Mattamy Homes City: Toronto, North York Housing type: Condominium mattamyhomes.com

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

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

new openings

4. longview ravine estates By: Bay Homes City: Mississauga Housing type: Detached homes from $1.5M up to 45-ft. lots www.ravineestates.ca

5. 8 cumBerland By: Great Gulf & Phantom Developments City: Toronto Housing type: Condominiums from the low $700s 8cumberland.ca

6. adena views By: Treasure Hill City: Aurora Housing type: Luxury singles on 36, 40, 45 and 60 ft. lots treasurehill.com

7. charisma condominiums By: Greenpark Group City: Vaughan Housing type: Condo Charismacondos.ca

a. trendi By: Treasure Hill City: Markham Housing type: Phase 2 release of modern townhomes treasurehill.com

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

c. saturday in downsview park By: Mattamy Homes City: North York Housing type: Mid-rise condominium mattamyhomes.com

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

maps Locate properties using the map on the following page

+

Builders If you would lIke to Include your prevIew regIstratIon, new release or sIte openIng In thIs feature, just emaIl the detaIls to susan.legge@nexthome.ca nexthome.ca  37

HOT PROPERTIES / GREATER TORONTO AREA

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INSPIRATION |

1

gift guide

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Self-care

NextHome shares thoughtful gift ideas with emphasis on the importance of personal care.

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gift guide 6

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40 NextHome+CondoGuide | Nov. 10–24, 2018

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TRENDING

MattaMy HoMes Opens saturday in dOwnsview park COndOminium Saturday in Downsview Park is the only condominium bordering the park where there’s an endless array of events and activities at your door. Discover an exciting selection of two bedroom suites in the first building, priced from the low-$500,000s including parking.

This will be a boutique, 10-storey mid-rise that offers professionals, families, and firsttime buyers an incredible lifestyle opportunity. Many designs have outdoor terraces and patios which extend the living space providing a seamless connection with the park next door.

A hallmark of Mattamy Homes’ condominiums are beautiful appointments and amenities. At Saturday in Downsview Park the two-storey lobby features study nooks, communal meeting areas, and 24/7 concierge service, while beyond, are many ways to enjoy the park-inspired lifestyle. Amenities will also include a party room complete with catering kitchen, dining room and an outdoor terrace; a chic “gathering gallery” plus a landscaped courtyard. There is a modern fitness room and yoga studio, plus a children’s playroom/flex space, as well as a convenient dog-wash area.

Those seeking the ultimate condo lifestyle will find living just 20 minutes to downtown, fast access to major highways and a home in the park, simply irresistible.

North York’s Downsview Park offers 291 acres of outdoor 42 NextHome+CondoGuide | Nov. 10–24, 2018

Saturday in Downsview Park.

living and nature at its finest.

There are open-air concerts and a weekend Merchants Market.

Year-round sports leagues, indoor rock climbing and go karts are all available. The park has lush greenspace, a sparkling lake, and a four km circuit.

This great location is now served

by Downsview Park GO and TTC station and it’s only three stops to Yorkdale and York University.

There’s also a link with the Barrie GO Transit line.

AbouT MATTAMy HoMEs

Mattamy Homes has a 40-year history of operations across the United States and Canada. Every year, Mattamy helps 7,000 families realize their dream of home ownership.

+

LocATIoN Downsview Park, Toronto buILDER Mattamy Homes DEvELopMENT Saturday in Downsview Park HoME TypE Mid-rise condominium

sALEs cENTRE 2995 Keele Street West

sALEs cENTRE HouRs Weekends 11am to 6pm; Monday to Thursday Noon to 8pm; Friday 1pm to 6pm coNTAcT 416-630-8282

HOT PROPERTIES

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

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

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

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

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

5. the Peninsula

new oPenings a. lion’s creeK By: Mountainview Homes City: niagara falls Housing type: semis lionscreekhomes.com

B. Vista ridge

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

By: Losani Homes City: Beamsville Housing type: townhomes and detached losanihomes.com

6. synergy

c. sParroW meadoWs

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

F. the enclaVes oF uPPer canada By: Menkes City: Georgetown Housing type: New release of single-detached homes on 40-ft. lots menkes.ca

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

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

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

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

maPs Locate properties using the map on the following page

+

Builders If you would lIke to Include your prevIew regIstratIon, new release or sIte openIng In thIs feature, just emaIl the detaIls to susan.legge@nexthome.ca nexthome.ca 43

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INDEX OF ADVERTISERS

Bay International - Longview Ravine Estates

Branthaven Homes - Casa Di Torre

13

32 & 33

Menkes Developments Inc. - Harbour Plaza

1

Menkes Developments Inc. - in.DE

1

1

Fieldgate Homes - Impressions

7

Menkes Developments Inc. - The Eglinton Yonge at Heart

Fieldgate Homes - Upper Valleylands

7

Menkes Developments Inc. - Sugar Wharf

Fieldgate Homes - Valleylands

7

Mountainview Homes- Lyons Creek

11

Fieldgate Homes - Whitby Meadows

7

Mountainview Homes- One Twenty

27

Great Gulf - 8 Cumberland

Lindwest - Klein Estates

Losani Homes - Vista Lincoln

Mattamy Homes - Downsview Park

Mattamy Homes - The Preserve 46 NextHome+CondoGuide | Nov. 10–24, 2018

24&25

5

19&29

IBC

OBC

Plaza - Corporate

IFC

3

Treasure Hill Homes- Adena Views

15

Treasure Hill Homes- Georgina Heights

15

Treasure Hill Homes- Kingsview Ridge

15

Treasure Hill Homes- Trendi

15

TRENDING

aoyuan introduces the community to M2M with a pop-up park, live fitness classes and neighbourhood block party

This fall, over 9,000 sq. ft. of real grass, cedar trees, and lawn games including life-sized Jenga, chess, and Connect 4, blanketed the pavement of Newtonbrook Plaza and became the backdrop for an M2M Block Party.

Over 600 people from the Yonge and Finch neighbourhood and around the city came to check out the lush green pop-up park and engaged in various activities including complimentary yoga, tai chi and stretch classes. The block party also featured a healthy gourmet BBQ, as well as a variety of interactive entertainment including dancing, face painting, henna and wandering magician.

The community event was hosted by Aoyuan Property Group, an international real estate developer known for integrating health and wellness amenities within its master-planned communities. Now laying roots in Toronto, Aoyuan will transform the dated shopping plaza and parking lot near Yonge and Finch subway and GO station into M2M Condos, North York’s first true live-work-play community.

Plans for the 8.6-acre site include five residential condo towers, 180,000 sq. ft. of office and retail space, a daycare, community centre, and a new public park. A new active laneway will connect the new public park to Yonge Street, facilitating access for the neighbourhood. A network of smaller scaled streets will wind through the M2M community, connecting residents to the new park and playground, and finer-grade retail.

The pop-up park installation and free community was intended to provide the neighbourhood a preview of Aoyuan’s plans for the new mixed-use village that will soon begin to take shape.

“Newtonbrook is set to become new destination for North York. It will have all the conveniences typical of a downtown neighbourhood. You really won’t have to go anywhere far if you live here,” says Vince Santino, Sr. Vice President of Development of Aoyuan. “We are excited to be celebrating these changes with the Yonge and Finch community while introducing them to Aoyuan’s focus on healthy living.”

As part of Aoyuan’s emphasis on putting healthy living first, there will also be a large fitness

and wellness component to M2M’s amenities.

Interconnected green spaces connect a wide range of suites from one-bedrooms to larger townhome units. Third floor condo amenities include a theatre and children’s play area along with a double height yoga lounge and fitness studio that faces an internal courtyard. The ninth floor features a BBQ, party room, and waterfall infinity pool with prime western exposure.

Following the sold-out success of their initial launch in June, Aoyuan is now releasing brand new suites at M2M. Located on the upper floors of M2M’s first tower, the new layouts will have breathtaking views of nearby residential greenspace, a new park to the east and urban landscapes that stretch down Yonge Street.

For more information or to register visit m2mcondos.com nexthome.ca 47

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Sales Centre. Secondly, Well, start for dreaming starters, you of how should great visit lifethe Saturday Sales Centre. Secondly, start dreaming Well, forofstarters, how great youlife should visit the Saturda nestled inside Downsview will be once Park.you With move a wealth into these of amenities, boutique condos nestled inside Downsview Park. willWith be once a wealth you move of amenities, into these boutique condo xpansive outdoor terraces, a stunning well-equipped two-storey lobby, fitnessstylish zone and party room, expansive outdoor terraces, well-equipped a stunning two-storey fitness zone lobby, andstylish party room, to transit, and all the a dedicated great things space Downsview for the little Parkones, offers, easy access to transit, and all the great things a dedicated Downsview space Park for offers, the little ones, easy acces feel like Saturday here. every day will feel like Saturday here. every day wi

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THE SIMPLE LIFE IS PART OF OUR MASTER PLAN

Detached Home, Tiffany ‘English Manor’, 3,135 Sq.Ft. 34'34' Detached Home, TheThe Tiffany ‘English Manor’, 3,135 Sq.Ft. Including Sq.Ft. Finished Basement 34' Detached Home, The Tiffany ‘English Manor’, 3,135 Sq.Ft. Including 591591 Sq.Ft. Finished Basement Including 591 Sq.Ft. Finished Basement

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SELECTIONOFOFFREEHOLD FREEHOLDTOWNHOMES TOWNHOMES& & A ASELECTION A SELECTION OF FREEHOLD TOWNHOMES DETACHED HOMES COMING SOON & DETACHED HOMES COMING SOON DETACHED HOMES COMING SOON Live surrounded by beauty in our fully established Preserve community.

Resolution: 300 dpi

Ink Limit: 240 Creative: File Created:

Detached Home, Thornton ‘French Chateau’, 3,553 Sq.Ft. 38'38' Detached Home, TheThe Thornton ‘French Chateau’, 3,553 Sq.Ft. Including Sq.Ft. Open to Below Sq.Ft. Finished Basement 38' Detached Home, The ‘French Chateau’, 3,553 Sq.Ft. Including 20 20 Sq.Ft. Open to Thornton Below andand 772772 Sq.Ft. Finished Basement Including 20 Sq.Ft. Open to Below and 772 Sq.Ft. Finished Basement

Colours: 4C

Acct.: Troy

Producer: Rosanne

Client: Mattamy Homes

Docket:

SALES CENTRE SALES CENTRE 1388 Dundas Street West SALES CENTRE 1388 Dundas Street West 905.469.6238 1388 Dundas Street West 905.469.6238 905.469.6238

Studio: MICH

Trim: 7.5" x 10.5"

Bleed: n/a

Type Safety: .25"

Visual Opening:

File Name: 2454_NextHome_BC_PresEastPres_11_01_7.5x10_R1

Coming Soon, Freehold Townhomes From The Low $600s

THE SIMPLE LIFE IS PART OF OUR MASTER PLAN

Our fully established communities now have even more opportunities live close Our fully established communities now have even more opportunities toto live close toto Our fully established communities now have even more opportunities to live close to the convenience of downtown Oakville.

Enjoy convenient transit, shopping, recreation, the convenience of downtown Oakville. Enjoy convenient transit, shopping, recreation, the convenience of downtown Oakville.

Enjoy convenient transit, shopping, recreation, nature trails and so much more.

Don’t miss this opportunity! nature trails and so much more. Don’t miss this opportunity! nature trails and so much more. Don’t miss this opportunity!

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Acct.

MATTAMY MODEL HOME MATTAMY MODEL HOME MATTAMY MODEL HOME

ComingSoon, Soon,AAWide WideSelection SelectionOfOfFreehold FreeholdVillage VillageHomes, Homes, Coming Coming Soon, A Wide Selection Of Freehold Village RearLane Lane&&22Storey StoreyTownhomes, Townhomes,and and34', 34',38', 38',45' 45'&Homes, &50' 50' Rear Rear Lane & 2 Storey Townhomes, and 34', 38', 45' & DetachedDesigns DesignsAcross AcrossOur OurOakville OakvilleCommunities: Communities: 50' Detached Detached Designs AcrossEstates Our Oakville ThePreserve, Preserve, Woodland EastCommunities: Preserve.

The Woodland Estates &&East Preserve.

The Preserve, Woodland Estates & East Preserve.

ComingSoon, Soon,Freehold FreeholdTownhomes Townhomes Coming Coming Soon, Freehold Townhomes FromThe TheLow Low$600s $600s From From The Low $600s

Studio

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Sarah Khan Upload Info: sarah.khan@nexthome.ca 905-761-3313 (ext. 2268)

Material Due: Oct 30?- 11am

Publication/Usage: YP NEXT HOME MAGAZINE -GTA

138 SALES CENTRE Coming Soon, Freehold Townhomes 1388 Dundas Street West From The Low $600s 905.469.6238

Ouropportunities fully established communities Our fully established communities now have even more to live close to now have even more opportunitie the convenience of downtown Oakville. Enjoy convenient transit, sho the convenience of downtown Oakville. Enjoy convenient transit, shopping, recreation, nature trails and so much more.

Don’t miss this opportunity! nature trails and so much more. Don’t miss this opportunity!

Coming Soon, A Wide Selection Of Freehold V Coming Soon, A Wide Selection Of Freehold Village Homes, Rear34', Lane & 245' Storey Rear Lane & 2 Storey Townhomes, and 38', & 50'Townhomes, and 34', 3 Detached Designs Across Our Oakville Commu Detached Designs Across Our Oakville Communities: The Preserve, Woodland Estates & The EastPreserve, Preserve.Woodland Estates & East Pres

MATTAMY MODEL HOME

THESIMPLE SIMPLE LIFE THE THE SIMPLELIFE LIFE PARTOF OFOUR OUR ISIS PART IS PART OF OUR MASTERPLAN PLAN MASTER MASTER PLAN