GTA New Condo Guide - Janurary 5, 2013

3-week issue January 5 - 26, 2013 Volume 17 Issue 01

YES!

ERIN MILLS IN MISSISSAUGA IS THE PLACE TO BE

inside this issue

UNDERSTANDING YOUR MORTGAGE OPTIONS

HOT HOME DéCOR TRENDS FOR 2013

10 HOMEBUYING MISTAKES (AND HOW TO AVOID THEM)

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EDITOR’S NOTE

How much home

CAN YOU AFFORD?

SUSAN LEGGE

EDITOR-IN-CHIEF

Wall2Wall Media Susan.Legge@wall2wallmedia.com Follow me on Twitter at Twitter.com/SusanLegge Like us on facebook search: Condo Guide

There is increasing speculation as to whether households are taking on more debt than they can chew.

If interest rates begin to rise from their historical lows, can you still manage those monthly payments?

For example, the difference between a five-year term at a rate of 4.09 per cent and a variable rate of 2.15 per cent is almost $500 a month on a $400,000 mortgage with only five per cent down.

When working with your lender, have them show you what you can afford at a higher rate, keeping in mind that you will have

less to finance at renewal time.

Increase your payment frequency or make lump-sum payments throughout the year to further lower the amount you owe.

The good news is mortgage rates look like they are going to stay put in the first part of 2013, but you can bank on rates rising eventually, even if it isn’t by much.

Ensure you can afford the home you’re buying, regardless of mortgage rate speculation.

A good lender will show you how. Ask your friends and family for a referral and get the facts.

Shop around for

THE BEST DEAL

JANINE DRUERY

EDITOR

Wall2Wall Media Janine.Druery@wall2wallmedia.com Follow me on Twitter at Twitter.com/JanineDruery

When I purchased my first home, I was a little overwhelmed by the financial side of things.

I thought I had all of my ducks in a row. I got my down payment ready, made sure my credit report was sparkly and shiny, and did endless calculations to figure out what I could afford.

But then it came time to get financing. I was quite surprised to learn about all that is involved. How would I get the best interest rate?

Was it better to choose a bank or a mortgage broker? Should I go with a fixed- or variable-rate mortgage?

While it took some time to make sense of it all, what I did learn is that it really pays to shop around.

Don’t assume that because you’ve dealt with your local bank for years that they are going to give

you the best deal. Similarly, don’t assume your cousin’s friend who is a mortgage broker will offer the best arrangement. While you very well might get your best deal from either of them, you won’t know until you compare.

We look for good deals on appliances, cars and the like. It only makes sense to do the same for what is (for most of us) the biggest purchase of our lives.

So, get quotes from several financial institutions and mortgage brokers and compare interest rates and fees. And this goes for renewing your mortgage as well.

Feeling like you’ve done your homework and received the greatest deal possible is deeply satisfying. And, of course, it can save you buckets of cash.

002 NEW CONDO GUIDE JANUARY 5 - 26, 2013

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new condo guide

contributors

Vice-President, Wall2Wall Media

Jacqueline Hill Sales Manager

Conni Robinson Associate Publisher, SWO New Homes & Lifestyle Communities

Susan Maxwell Editor-in-Chief, National Real Estate

Susan Legge Art Director

Sarah Jang Editor

Janine Druery Lydia McNutt (on leave) Contributing Editors

BILD Report

Legally Speaking

style file

Bryan Tuckey

Jayson Schwarz

Yanic Simard

Bryan Tuckey is president and CEO of the Building Industry and Land Development Association (BILD) and can be found on Twitter (twitter.com/bildgta), Facebook (facebook.com/ bildgta), Youtube (youtube.com/bildgta) and BILD’s official online blog (bildblogs.ca).

Jayson Schwarz LL.M is a Toronto real estate lawyer and partner in the law firm Schwarz Law LLP. Visit the website at schwarzlaw.ca or email info@schwarzlaw.ca.

Yanic Simard is New Condo Guide’s design editor and the principal designer of the Toronto Interior Design Group, specializing in residential and commercial projects. Simard has created designs for clients in Toronto, Montreal and Miami, and appears as a regular guest expert on Citytv’s CityLine.

Visit tidg.ca

Wayne Karl, Elisa Krovblit, Silvana Longo, Sara Duck (on leave) Design Editor

Yanic Simard Senior Account Executive

Dionne Fraser

dionne.fraser@wall2wallmedia.com

Senior Account Executive

Nina Downs

nina.downs@wall2wallmedia.com

Sales & Marketing Co-Ordinator

Terry Bassett Administrative Assistant

Antoinette Jackson Production Manager

Bala Gnanapandithan Production Co-Ordinator

Sandra Hanak-Vujnovic Graphic Designers

Caroline Wassef, Sandra Hanak-Vujnovic National Account Manager, Mediative

Paul Slizys on the move

CONDO SENSE

Ben Myers

Barbara Lawlor

Dan Hopkins is chief operating officer at Two Men and a Truck Canada.

For more information visit twomenandatruck.ca

Ben Myers is editor and executive vice-president of Urbanation, a market research firm tracking the new, resale and future condo market since 1981. Urbanation’s Condominium Market Survey is the industry’s bible for sales and pricing information, as well as analysis that puts all the pieces together. Urbanation is on the pulse of the highrise condo market in Toronto.

Barbara Lawlor is president 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 condominium developments in the GTA and overseas.

Dan Hopkins

Condo pro

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Terms Advertisers, editorial content and new condo guide 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. Editorial submissions from interested parties will be considered. Email to susan.legge@wall2wallmedia.Com. The views and data expressed by columnists do not necessarily represent those of the publication.

Advertising

Circulation

Home Smarts

Taxing Issues

quick tips

Marnie Bennett is a broker and the team leader of Bennett Property Shop Realty, a full premium-service five-star real estate brokerage specializing in marketing and selling new and resale homes, condos and investment real estate. Marnie is the host of the weekly radio shows, The Real Estate Hour and Business Class. bennettpros.com

Henry Choo Chong is a certified general accountant. Henry sits on many committees and provides accounting and tax advice to individuals and businesses in the GTA. Email your tax questions to Taxing Issues at choochonghcga@yahoo.ca

Hellen Buttigieg, CPO, is a certified professional organizer, life coach, TV host and owner of We Organize U. Visit her website, WeOrganizeU.com, for a free e-Book on how to find more time, energy and inner peace.

Contact Hellen at 905.829.2219 or info@WeOrganizeU.com

Marnie Bennett

Henry Choo Chong

Hellen Buttigieg

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Please recycle this magazine! Wall2Wall Media 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.

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004 new Condo Guide january 5 - 26, 2013

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NOW OPEN ECONDOS.CA

Condominium Residences at the northeast corner of Yonge & Eglinton Direct access to the subway / Starting from the low $300’s Presentation Lounge located at 2300 Yonge Street, Lobby

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Exclusive Listing: Baker Real Estate Incorporated, Brokerage. Brokers Protected.

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

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BREATHTAKING.

006 new Condo Guide january 5 - 26, 2013

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THE NEXT GENERATION OF

WATERFRONT LIVING IN TORONTO FROM THE MID $200’S*

SURFACING SOON. An iconic new landmark is coming to Toronto’s waterfront. Introducing Eau Du Soleil Condos, Canada’s tallest and most awe-inspiring waterfront community. Spectacular views. Fabulous amenities. Architectural wonder.

It’s the next generation of waterfront living.

REGISTER FOR PRIORITY PREVIEW

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january 5 - 26, 2013 new Condo Guide 007

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NON TRANSPARENT

SEE FOR YOURSELF WHY PEMBERTON GROUP’S popular master-planned community SkyCity Condominiums in Richmond Hill embodies a bold new vision for living that includes both luxury and value. Visit the presentation centre soon to take advantage of great savings, or go online to take a virtual tour of two spacious suites: the 695 sq. ft. One-Bedroom plus Den, and the 1,035 sq. ft. TwoBedroom + Den. Now you can also see online the stunning actual views from the 960 sq. ft. Two-Bedroom + Den Unit. This beautiful suite affords striking vistas to the west, southwest, northwest and north.

suites and is already 70 per cent sold! Purchasers will enjoy a theatre room; two video gaming rooms; chic party room; dining room; yoga/Pilates studio; equipped exercise room; indoor swimming pool and lounge with double-sided fireplace and change rooms featuring steam showers; two furnished guest suites; and 24-hour concierge service.

SkyGarden is a landscaped terrace with gazebos and arbours, and an outdoor fireplace with lounge-style seating, barbecue stations, and alfresco dining.

TRANSPARENT

Situated in Richmond Hill City Centre, SkyCity is steps from York Region Transit, and accessing the GO Train to Union Station and GO bus service is easy. Highways 404 and 407, plus the wealth of shopping and services found at Yonge Street and Highway 7 are all close by.

SkyCity’s design includes two 20-storey towers connected by a three-storey podium set amid courtyards and groomed pathways. The first phase includes just 210 well-appointed

Suites range in size from 640 to 1,035 sq. ft., priced from the low-$300,000’s to $466,000. Prices include one underground parking space and a locker. Ask a sales representative about limited-time savings.

Pemberton Group has more than 50 years experience building superb communities in many of the Greater Toronto Area’s most desirable neighbourhoods. For an overview of the company’s many fine condominiums, visit PembertonGroup.com, and you can connect with Pemberton on Facebook and Twitter.

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008 new Condo Guide january 5 - 26, 2013

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AT PEMBERTON, IT’S ALL ABOUT YOU.

BRAVO CONDOMINIUMS

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EXCEPTIONAL VALUE THROUGH TALENT, DEDICATION AND LEADERSHIP For over 50 years, Pemberton Group has created landmark residential and commercial developments that deliver exceptional value through its talent, dedication to excellence and industry leadership. Today, Pemberton’s diverse condominiums across the Greater Toronto Area are a tribute to design creativity and craftsmanship. Located in the most coveted neighbourhoods and enhanced with vibrant lifestyle amenities, every Pemberton condominium is a destination in itself.

PEMBERTONGROUP.COM | 905.326.4100 See a sales representative for full details. Brokers protected, Illustrations are artists’ concepts. E. & O.E.

010 new Condo Guide january 5 - 26, 2013

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table of contents

January 5 to January 26, 2013 volume 17 issue 01

20

HOT CONDOS

Great Gulf’s modern lowrise in Mississauga 44

columns, news & features 002 Editor’s note Columnists

016 bild report Celebrating industry leaders who make a difference

by BRYAN TUCKEY

028 taxing issues Helpful tips for calculating capital gains tax by henry choo chong

032 fundamentally speaking Take a long-term view when buying your home by wayne karl

040 legally speaking The law of good faith (or the lack thereof) by jayson schwarz

012-013 GTA condo contents-jan 5-JD.indd 12

044 style file Hanging light fixtures: what height is right? by yanic simard

088 THE mortgage minute What’s all the fuss about a market correction? by peter kinch

058 Money matters January, or “make-do month,” is the time to stretch each dollar

098 Quick Tips Start the new year by getting organized

062 Condo pro Buy your condo early: it’s worth the wait

118 Make Your Move The 15-point moving day checklist

064 home smarts Ten homebuying mistakes (and how to avoid them)

126 scrumpdillyicious Hearty penne with Italian sausage, peppers and basil

by gail vaz-oxlade

by barbara lawlor

by marnie bennett

by Hellen Buttigieg

by Dan Hopkins

by Leslie styles

072 condo sense What investors should look for in a new condominium by ben myers

12/20/12 3:22:51 PM

conDo ProfIles 070

brandy lanE

The station Uptown groundbreaking brings exciting condo one step closer to occupancy

116

grayWood dEvElopmEnts ltd. & bEavErhall homEs

ocean Club Reasonably-priced, Florida-style living on the waterfront

in tHe neWs

070

070

116

018 thE industry BILD hands out is annual Associate Awards 033 rsp poll Canadians are increasingly willing to dip into RSPs 034 fundraising Liberty supports Vaughan’s holiday toy drive 048 EvEnts Fundraiser for Daniels Spectrum raises big money 056 survEy Condo buyers should budget for unexpected expenses 074 rbC outlook Canadians resolve to better manage finances in 2013 080 nEWs CREA launches new tool for homebuyers

076 your mortgagE What you should think about when financing your home

090 housing markEt Location really does matter in the GTA

120 dEsignEr touCh What’s on trend in the world of design for 2013?

100 Condo snapshot More than 90 per cent of ADI’s Mod’rn sold in 12 hours featuRes

by ERiCA gElmAN

HomebuYeRs’ HelP

050 smart shoppEr Great discounts and deals on all things “home”

054 trEnd rEport All roads lead to Emerald City in 2013

078 trEndspotting Choose a mug that matches your attitude

066 mortgagE mattErs Explore the options before you sign your next mortgage renewal

082 finanCEs Are you financially ready to buy a home?

by silvANA loNgo

012-013 GTA condo contents-jan 5-JD.indd 13

by ElisA KRovbliT

084 What’s nEW A handy guide of the latest and greatest products on the market by silvANA loNgo

092 Condo WatCh 905 Previews, new releases and grand openings in the 905 area 102 homEbuyErs’ hElp A language lesson for the homebuyer

124 your monEy How a professional financial planner can help 129 Condo buyErs’ rEsourCE sECtion You love the home, see what you can afford 134 indEx of advErtisErs

104 dÉCor Tips for creating a stylish and functional nursery 106 Condo WatCh 416 Previews, new releases and grand openings in the 416 area

78

12/20/12 3:23:00 PM

SUITES FROM THE MID $400,000s

ACT NOW!

$0

MORTGAGE FOR

1 YEAR For a limited time, Daniels is making it easier than ever to live at the intersection of LIFE, CaMERa, aCTION with their Scene Stealer CaMER Package! Don’t miss this opportunity to live in a world-class condominium in the heart of the ENTERTaINMENT DISTRICT with an authentic connection to TIFF Bell Lightbox and everything film.

WELL UNDER CONSTRUCTION

THE FINAL CREDITS ARE ABOUT TO ROLL ON THE INCREDIBLE

CALL OR VISIT TODAY! Richmond St. W

John St.

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Exclusive Listing: CityLife Realty Ltd., Brokerage. Brokers Protected. Prices and specifications are subject to change without notice. E.&O.E. *For a limited time only.

A maximum amount applies to the 1 year mortgage incentive. $0 closing costs does not include Tarion enrollment fee, 3 months reserve fund contribution or applicable taxes. See Sales Representative for full details.

Peter St.

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King St. W

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014 NEW CONDO GUIDE JANUARY 5 - 26, 2013

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IT’S TIME

TO STEP INTO THE LIMELIGHT A new light is shining on MississAugA’s Most successful selling condoMiniuM! for A liMited tiMe, dAniels is MAking it eAsier thAn ever to own At liMelight condoMiniuMs with their incredible sPotlight PAckAge! Simply visit the Presentation Centre today, to learn how you can become part of Daniels’ award-winning City Centre Community. Plus, tour a fully-furnished model suite and 12,000 sq. ft. of incredible amenities!

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Studios from the $200,000s 2 Bedrooms from the $400,000s

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PRESENTATION CENTRE: 329 Burnhamthorpe Rd W, Mississauga MON.-ThuRS. 12-6 PM, SAT., SuN. & hOLIdAyS 12-5 PM, FRI. CLOSEd.

Exclusive Listing: CityLife Realty Ltd., Brokerage. Brokers Protected.

Prices and specifications are subject to change without notice. E.&.O.E. 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, Corporation, is strictly prohibited. *For a limited time only. A maximum amount applies to the 1 year mortgage incentive. $0 closing costs does not include Tarion enrollment fee, 3 months reserve fund contribution or applicable taxes. See Sales Representative for full details.

015

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BILD REPORT

// BY BRYAN TUCKEY

LEADERS WHO MAKE A DIFFERENCE

Bryan Tuckey is President and CEO of the Building Industry and Land Development Association (BILD) and can be found on Twitter (twitter.com/bildgta), Facebook (facebook.com/bildgta), Youtube (youtube.com/bildgta) and BILD’s official online blog (bildblogs.ca).

N

ever believe that a few caring people can’t change the world.

For, indeed, that’s all who ever have.” This quote from cultural anthropologist Margaret Mead rang true at an industry gathering we hosted recently, where we honoured two leaders who have made a huge difference in the lives of many.

“

At our event, Party for Humanity, we celebrated BILD Chairman Paul Golini, who stepped into the volunteer position two years ago and throughout his term has shown unwavering commitment and dedication to the Association and the industry.

Paul also gave a state-of-the-Association speech at our recent annual general meeting, his last official duty as Chairman. In addition to providing leadership to the board of directors over the last two years, Paul has been at the table for tough public policy discussions and he has been the voice of the building, land development and professional renovation industry, as well as the future residents of the GTA. At the start of Paul’s term, he set out to celebrate our industry’s successes.

He has helped to share our story on numerous television and radio programs and in countless print publications. Among his many contributions to the Association, Paul was a driving force behind our newest fundraiser, Stephen’s Ride for Humanity and he was instrumental in making it successful for the second year this past September.

Since 2003, this industry has raised more than $535,000 for Habitat and has helped eight families end the cycle of poverty and move into brand new homes Paul will often say that one of our proudest achievements is our community partnership with Habitat for Humanity Toronto. Since 2003, this industry has raised more than $535,000 for Habitat and has helped eight families end the cycle of poverty and move into brand new homes. We are very proud of our partnership because we’re both in the same business of providing shelter and we are both important advocates of affordable homeownership.

In addition to celebrating Paul at this year’s Party for Humanity, I took the opportunity to thank Habitat’s CEO Neil Hetherington for his passion, partnership and commitment to the Habitat cause. Neil announced earlier in the week that he would be leaving Toronto to accept a position with Habitat for Humanity in New York City. While we are sad to see him go, we know he will do great work south of the border and that he is really needed there right now.

Giving back is important to our industry, and we have leaders who inspire us to do more every year. This year, BILD members have gone above and beyond expectations, volunteering their time and fundraising in support of Habitat. The party alone raised more than $30,000 for our community partner and the occasion gave us an opportunity to pause and say “thanks”.

016 NEW CONDO GUIDE JANUARY 5 - 26, 2013

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GREAT LIVING HAS REACHED NEW HEIGHTS

Exclusive Listing: Baker Real Estate Incorporated, Brokerage. Brokers Protected.

Sizes and specifications subject to change without notice. E + O.E. Illustration is artist’s impression.

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the industry

pictured left

Sun-Brite Drapery was awarded the Manufacturer/ Supplier of the Year award pictured bottom

David W. Small Designs Inc. received the Service Professional of the Year award

BILD hands out its

ANNUAL ASSOCIATE AWARDS The Building Industry and Land Development Association (BILD) handed out its 2012 Associate Awards at its Annual General Meeting last December 5th.

The Associate Awards were created in 2004 to recognize BILD’s associate members, who work in the service, contracting, manufacturing and supply end of the business. The awards honour members for their quality, service, professionalism, leadership and innovation when working together with a developer, builder or renovator on delivering a new home or renovation project.

These awards are unique, as nominees are evaluated by their clients as opposed to a judging panel.

David W. Small Designs Inc. was selected as the 2012 Service Professional of the Year for the company’s commitment to professionalism and attentiveness. The architectural design firm received a consistent stream of comments from its former clients, all praising its professional approach to dealing with clients.

The 2012 Trade Contractor of the Year award given to N. De Luca Plumbing (1995) Inc., a plumbing

company based in the Vaughan. The company has a loyal client base, with one particular client proudly declaring their relationship has lasted last three decades (and counting).

The Manufacturer/Supplier of the Year award was presented to Sun-Brite Drapery. Quality and service were highly praised by the winner’s clients, who described Sun-Brite as a “great company with outstanding people.”

“On behalf of the entire membership, I would like to congratulate the winners and thank you for representing the industry and the Association with great leadership and professionalism this year,” said BILD President and CEO Bryan Tuckey. “Our associate members represent a vital part of the building and development process, and this recognition is important.”

018 new Condo Guide january 5 - 26, 2013

018 the industry-bild-JD.indd 18

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THE REBIRTH of a LEGEND THE ICONIC SUTTON PLACE HOTEL RE-ENVISIONED AS THE BRITT CONDOMINIUM RESIDENCES. The historic Sutton Place Hotel at Bay and Wellesley, just steps to the Bloor-Yorkville neighbourhood, will be injected with new life, British inspired architecture, design and amenities. From the grand entrance lobby to the magnificent terrace to luxury five-star services, this is where classy meets classic and historic meets epic.

• 24-hour executive concierge • executive butler Service • spa & wellness services

• executive home maintenance service • 3 elegant lobby lounges

CONDOMINIUMS FROM THE $300’S REGISTER AT THEBRITTCONDOS.COM 416.926.1669

Exclusive Listing Broker Milborne Real Estate Inc. Brokers Protected.

Marketing Management by Anne Lambrou Living Visions Inc. Prices and specifications subject to change without notice. Illustrations are artist’s concept. E.&O.E.

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cover story The name says it all: HOT Condos in Mississauga.

Great Gulf’s

HOT stands for “Home Ownership Today,” and that’s exactly what Great Gulf has in mind with this incredible residence. Now at over 40 per cent sold, this modern four-storey, lowrise condominium offers a hot location on the northwest corner of Eglinton Avenue and Winston Churchill Boulevard.

Fashionistas take note: owners will be close to the popular Erin Mills Town Centre. Parks, schools and services are all within walking distance as well. Plus, Erin Mills Community Centre, Loblaws, Credit Valley Hospital, Streetsville Memorial Park, Mississauga Celebration Square and Hwys. 403 and 407 are all only blocks away. HOT is right on the bus line, only 10 minutes to the incomparable Square One shopping complex, and not much further to Pearson International Airport.

Mississauga Condos are

HOT

020 new Condo Guide january 5 - 26, 2013

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Phase One will feature a fully equipped fitness centre and party room/lounge with a fireplace and full caterer’s kitchen. Just outside of this inviting multi-purpose space, owners can host barbecues for friends and family.

To rock this incredible location, Great Gulf enlisted the celebrated Toronto firm Quadrangle Architects to come up with hot architecture for the three residential buildings that will make up the community. Principally created from warm brick, the clean, modern residences will be highlighted by head-turning panel accents.

Lush landscaping will frame the buildings, which surround a central parkette complete with playground equipment – perfect for young families.

Inside, discover a world of awesome designer amenities that come sans the high maintenance fees of tall towers. Underground, all three buildings share a secure, well-lit parking garage. Each residence has a separate entryway and lobby with comfortable lounge seating. Phase One will feature a fully equipped fitness centre and party room/lounge with a fireplace and full caterer’s kitchen. Just outside of this inviting multipurpose space, owners can host barbecues for friends and family.

As for the suites, they’re hot as well, with layouts designed by the internationally renowned interior design firm Cecconi Simone. From the designer

selected finishes, you can choose the ones that reflect your taste. You can personalize your space so that it feels like “home” from the moment you walk in.

Among the interior highlights are approximately nine-ft. ceiling heights, laminate wood flooring, imported ceramics, plush broadloom, contemporary Cecconi Simone-designed kitchen cabinetry, stainless steel appliances, and a chic custom designed bathroom vanity. In addition, each suite features a fabulous patio, balcony or terrace, as per plan.

One-bedroom and one-bedroom plus den suites start at $277,990. Two-bedroom and two-bedroom plus den units are priced from just $365,990. Ask about the availability of studio suites. All suites include one parking spot. Occupancy is slated for October 2014.

So, why rent when you can own? HOT Condos can be your affordable reality in a smashing location. Get amazing architecture, cool amenities, super suite finishes and the legendary quality and service for which Great Gulf is well known.

For more than 35 years, Great Gulf has been creating neighbourhoods that continually change the way people think about homes. To date, the company has built more than 40,000 beautiful homes in innovative communities across the Greater Toronto Area and beyond.

Visit the HOT new presentation centre at 4635 Metcalfe Avenue, on the south side of Eglinton Avenue, just east of Winston Churchill Blvd. in Mississauga. For more information, call 905.828.4257 or email sales@hotcondominiums. january 5 - 26, 2013 new Condo Guide 021

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Chinese Home & Condo Guide C

hinese home and condo buyers

十一月二十四日至二月二日 Nov 24, 2012 - Feb 2, 2013

and investors now have a new

comprehensive, full gloss real estate magazine to inform and guide them through the buying process in the Greater Toronto Area.

Launched in 2012, the Chinese New Home and Condo shopper and investor will have a valuable new resource to help inform and guide them through the newest communities in the Greater Toronto Area.

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024 NEW CONDO GUIDE JANUARY 5 - 26, 2013

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LARGE coRNER sUITEs fRoM $399,990* Introducing a fantastic collection of large corner suites at Rain, Oakville’s most successful master-planned condominium community. Wraparound balconies, spectacular views, spacious interiors and unrivaled resort inspired amenities make Rain the most coveted address at the heart of the exciting Kerr/Speers revival. Walk through our designer Model Suite and let Rain shower you with inspiration!

LAsT cHANcE foR PRE-coNsTRUcTIoN PRIcING LIMITEd TIME INcENTIVE $10,000 off THE PURcHAsE PRIcE* oR 1 yEAR fREE MAINTENANcE & TAxEs*

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JANUARY 5 - 26, 2013 NEW CONDO GUIDE 025

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026

EXCLUSIVE LISTING BROKERAGE BAKER REAL ESTATE INCORPORATED. BROKERS PROTECTED. *PRINCIPLE, CMHC PREMIUM, INTEREST AND TAXES INCLUDED. BASED ON A 1 YEAR TERM AMORTIZED OVER 25 YEARS AT 3.1%. PRICES,SIZES AND SPECIFICATIONS SUBJECT TO CHANGE WITHOUT NOTICE. SEE SALES REPRESENTATIVE FOR DETAILS. E. + O. E. ILLUSTRATION IS ARTIST’S IMPRESSION.

026-GreatGulf-X2 11-03-12.indd 26

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�a �o�ce vita

LA PIAZZA

LIFE JUST GOT SWEETER AT TREVISO

ITALIAN INSPIRED LIVING FROM THE LOW $200’� TO OVER $500,000 Welcome to Italian inspired living complete with stunning landscaping, gorgeous amenities and luxurious suites.

VISIT OUR MAGNIFICENT PRESENTATION CENTRE AND TOUR 2 BEAUTIFUL MODEL SUITES. GREAT SELECTION OF SUITES STILL AVAILABLE SO HURRY IN!

TREVISOCONDOS.COM 416 787 8882 Exclusive Broker Milborne Real Estate Inc. Brokers Protected.

Promotions may be changed and/or cancelled at any time without notice. Prices and specifications are subject to change without notice. Illustration is artist concept. E. & O.E.

PRESENTATION CENTRE IS LOCATED AT THE NORTHEAST CORNER OF DUFFERIN ST. & LAWRENCE AVE. MONDAY TO THURSDAY 12PM -6PM SATURDAY, SUNDAY 12PM - 5PM FRIDAY & HOLIDAYS CLOSED

january 5 - 26, 2013 new Condo Guide 027

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taxing issues

// By henry choo chong

Calculating capital gains tax

Henry Choo Chong, CGA, sits on many committees and provides accounting and tax services to individuals and businesses in the GTA. He can be reached at 416.485.5225.

Questions to Taxing Issues can be emailed to choochonghcga@yahoo.ca

The opinions and views expressed herein are those of the author and not those of New Condo Guide. New Condo Guide does not necessarily endorse or encourage any specific tax strategies.

Please consult a tax professional for advice specific to your particular situation.

Most common assets are stocks, bonds and real estate. Currently, the income inclusion rate is 50 per cent. The taxable inclusion rate has bounced from inception 50 to 75 per cent, to 66 per cent, to its current rate. Therefore, an individual with capital gains must include in his/her personal tax return, 50 per cent of the capital gain. Yes, this can add up to be a large chunk of change and reduces your actual after tax rate of return on your investment.

Where did this tax come from? You say, many countries do not have this!

Canadians were first introduced to capital gain tax in 1972. The Canadian government claims this was necessary to finance our social security programs and create a more equitable taxation system. Almost 40 years since and it is still around. Don’t you feel more secure about your social security and equality in our tax system? Some countries such as Belize, Barbados, Cayman Islands, Egypt, and Hong Kong have no capital gains tax. On the other hand, there are many countries with similar taxation to Canada’s such as Bulgaria, Denmark, France, Finland and Iceland.

Regardless, if you actually move in or not, you will be subject to capital gains tax on your sale in the year the transaction is completed. Individuals that purchase new or resale homes are treated no differently. Mr. Harper wants his share of the profit.

Using a marginal tax rate of 40 per cent in the example;

Q

Two years ago, I purchased a new home from a builder in north Toronto. Occupancy is this November and I expect to complete transaction in March of next year. My sale price was $40,000 more than the initial purchase price. I have never lived in the property. Thus far, it has all been handled by my lawyer. Will I have to pay capital gains tax on this? How much and can I claim the lifetime exemption? Brian, Scarborough

A

Capital gains tax is charged on the profit realized from the sale of non-inventory assets.

» Capital gains $40,000 » Taxable capital gains (50%) $20,000 » Tax rate: 40% » Taxes payable: $20,000 x 40% = $8,000 Under certain circumstances the lifetime capital gains exemption can be claimed to reduce or eliminate capital gains. An individual that disposes of qualified farm or fishing property and small business corporation shares may claim an exemption up to $750,000. Your particular transaction does not qualify for this exemption.

Some other issues you should ponder and discuss with a lawyer and/or tax professional:

» GST/HST – how will investment be treated on closing? » GST/HST – are rebates available? » Land Transfer tax – How will this be managed at closing? » Is builder okay with this assignment? » Any issues with occupancy? Who takes? » Have you considered the cost of occupancy period?

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NOW UNDER CONSTRUCTION

CONDOMINIUM RESIDENCES ON BLOOR AT AVENUE ROAD, ACROSS FROM THE ROM PRESENTATION LOUNGE 162 CUMBERLAND STREET ExhibitResidences.com 416-967-7778

Exclusive Listing: Baker Real Estate Incorporated, Brokerage. Brokers Protected.

Prices and speciямБcations are subject to change without notice. E. & O.E.

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% 10 TOTAL DEPOSIT LIMITED TIME ONLY

Put less down to live downtown.

The people have spoken. Studio Condos on Richmond is the Peoples’ Choice winner for best new condo of the year.

Now, more than ever, it should be your first choice too. For a limited time only, you can purchase one of the remaining suites in this artistic new community with only 10% down. Life in the city just got a lot more affordable.

NOW UNDER CONSTRUCTION. Suites starting from the $300’s ASPEN RIDGE CONDO FINDER 77 Charles

N

Model Suite available to view.

Call Michelle Jalsevac for an appointment 416.203.7034 | 77charles.com

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QUEEN ST.

Sales Centre & Model Home

UNIVERSITY AVE.

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SIMCOE ST.

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Presentation Centre:

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$(52'520( &5(6

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3 %5,$1 3(&. &5(6

'93 +:<

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%5(17&/,))( 5'

Presentation Centre: South on Brentcliffe Rd, left on Vanderhoof.

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(*/,1721 $9(

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1

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Prices & specifications subject to change without notice. Brokers protected. E.&O.E. Š 2012 Aspen Ridge Homes. All Rights Reserved. Illustrations are artist concepts only. 19470

030-031-Aspen-Corp 11-17-12.indd 31

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12/10/12 3:30:27 PM

FUNDAMENTALLY SPEAKING

Take a long-term view

// BY WAYNE KARL

WHEN BUYING YOUR HOME HOW TO MAKE SENSE OF IT ALL?

Wayne Karl is an award-winning writer and editor with experience in real estate and business. In Fundamentally Speaking, Wayne explores the basics – such as economic fundamentals – you need to examine when buying property. He can be reached at wayne. karl@wall2wallmedia.com or follow him on Twitter at Twitter.com/WayneKarl

I

t’s a brand new year, so it’s a natural time to assess how Canada’s economy, industries, real estate market and other sectors performed last year, and what may lie ahead for 2013. Various housing agencies, realty firms, major banks and other stakeholders continue to release reports, reviews and forecasts of the months passed and those about to unfold.

Meanwhile, there’s interest rates and prices of consumer goods to monitor, some sectors face challenging conditions and there’s still some concern about overall Canadian and global economic performance.

Welcome to the first steps of becoming a homebuyer. Long before you visit your banker or start attending grand openings, model previews or open houses, experts say you should undertake a thorough self-education process that involves learning the basics of mortgages, reviewing your personal finances and researching your prospective home market. It’s time well spent, for all of this due diligence will prepare you for one of the most important steps you’ll ever take, and will help you make the necessary decisions from an informed and confident point of view.

Managing this process also includes keeping abreast of financial news, as well as any developments in your job security and credit-worthiness, and in the neighbourhood you’re considering buying in.

It’s important to not be overly concerned or excited by national trends and averages – be they positive or negative, disconcerting or glowing, about employment, home prices, housing starts or other important factors.

Remember, when you buy a home, you don’t buy a national market. You don’t even buy a provincial, regional or even metropolitan one. You buy one property on one street in a particular area of a city or town. What happens in one neighbourhood may be completely different from what’s going on in another in the same city, or from one street to the next, and certainly from house to house. What’s challenging to one market might be a cause for growth in another.

That’s why it’s important to not be overly concerned or excited by national trends and averages – be they positive or negative, disconcerting or glowing, about employment, home prices, housing starts or other important factors. Yes, pay attention to them all and fi le them as part of your research, but it’s more relevant to watch local developments that truly affect you and your market.

Experts suggest you take a long-term view – five to seven years – of your homebuying decision. This will likely produce a brighter and more stable picture than anything caused by short-term vacillations.

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RSP POLL

Canadians increasingly

WILLING TO DIP INTO RSPS MORE CANADIANS ARE WILLING TO take money from their RSPs to pay off other expenses than in past years, according to a recent Scotiabank poll. However, the top reason cited for withdrawing the money from an RSP was to buy a first home (40 per cent).

That said, taking money out of RSPs has been on the rise, with one-third of RSP holders (36 per cent) reporting taking money out of their RSP this year, up from 23 per cent back in 2005.

Additional findings from Scotiabank on Canadian habits pertaining to their RSPs include:

2012

14%

55+

In 2012, the average amount Canadians withdrew from their RSP was $24,531. In 2005, the average amount Canadians withdrew from their RSP was $10,716.

Fourteen per cent of Canadians took money out of their RSPs to cover day-to-day living expenses, and six per cent took money out to pay for a vacation.

Canadians aged 55+ (41 per cent) are more likely than 18-34 year olds (32 per cent) and 45-54 year olds (30 per cent) to have taken money out of their RSPs.

“Investing in a home and investing in retirement are both important parts of life and finding a way to balance both is key,” says Bev Moir, ScotiaMcLeod Wealth Advisor. “If Canadians are going to take money out of their RSP for a major purchase like a house, they need to have a plan in place to return that money as soon as they can so they don’t limit their options in the future.”

Moir says a financial advisor can help you map out the best strategy to achieve your goals, particularly if you’re dipping into your RSP for day-to-day expenses.

If Canadians are going to take money out of their RSP for a major purchase like a house, they need to have a plan in place to return that money as soon as they can so they don’t limit their options in the future.

JANUARY 5 - 26, 2013 NEW CONDO GUIDE 033

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fundraising

Liberty supports Vaughan’s holiday toy drive

Liberty Development celebrated the recent holidays by giving back to the communities in which they build.

Recognized as one of the GTA’s leading developers of mixed-use communities, Liberty has, over the years, built thousands of residential and commercial condominium units across the 905 region, including in the City of Vaughan.

Vaughan is home to two of the company’s new communities called Centro Square Condos and Thornhill City Centre.

Determined to support the local agencies and organizations that support its purchasers, Liberty participated in the City of Vaughan’s 2012 Annual Toy Drive in December, benefitting the CP24 CHUM Christmas Wish. Liberty sought the donation of new, unwrapped toys for children in need at its corporate head office on Woodbine Avenue, as well as in the Centro Square Condos and Thornhill City Centre sales offices.

The company encouraged its suppliers, partners, consultants, and sales teams to contribute to its toy drive and welcomed the support of its purchasers.

“We were overwhelmed by the number of toys donated by so many of our friends,” says Liberty’s Senior Vice President, Marco Filice. “The response was inspiring and we were privileged to make such a significant contribution to a great cause.”

Of course giving back to the community is nothing new to Liberty Development.

pictured top left

Front row (L to R) Marco Filice, Liberty

Development; Andrew Brethour, PMA Realty Group; Hon. Mayor Maurizio Bevilacqua, City of Vaughan; Lois Whitehead, Centro Square Condos; Lily Darvish Uster, Liberty Development; Kay Thomas, Liberty Development; Nikki Caputo, PMA Brethour Realty Group Back row (L to R) Dinah Steele, PMA Brethour Realty Group; Michael Uster, Liberty Development; Shawn Richardson, Liberty Development; Renato Oppedisano, PMA Brethour Realty Group pictured top right

From left to right Latif Fazel, C.E.O, Liberty

Development; Hon. Mayor Maurizio Bevilacqua, City of Vaughan; Fred Darvish, President Liberty Development; Brendan Murphy, President Darcon Inc.

“Philanthropy and a commitment to giving back is a fundamental tenet in our corporate philosophy,” says Filice. “While there is always a heightened need to help around the holidays, we were pleased to participate in this important seasonal initiative for Liberty. Supporting our communities is a 365-day-a-year responsibility.”

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12/18/12 10:58:44 AM

MODEL SUITE NOW OPEN

RESIDENTIAL | RETAIL | OFFICE A visionary master-planned community in the heart of Woodbridge. A soaring tower with a dramatic podium, connecting you to a world of elegant suites, amenities and retail services. This is where it all comes together with style and class.

WESTON RD & HWY 7 CENTROSQUARE.CA | 905-851-8877 HIGHWAY 400

WESTON RD. HIGHWAY 7

by

HIGHWAY 407

STEELES AVE.

SALES OFFICE NOW OPEN: 7777 Weston Rd.

SaleS OFFICe HOurS: Monday – Thursday 12 p.m. to 7 p.m.

Weekends & Holidays 12 p.m. to 6 p.m.

Friday Closed

All illustrations are artist’s concept only. ©2012 Liberty Development Corporation. All rights reserved. Brokers Protected.

JANUARY 5 - 26, 2013 NEW CONDO GUIDE 035

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www.MyLibertyCondo.ca 036 new Condo Guide january 5 - 26, 2013

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IOUS PREV S SALE RE CENT

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*As per price list. Limited time offer. **Principal and interest. ***At colour selection.

All renderings are artist’s concept. Prices, specifications and availability subject to change without notice. E.&O.E. Brokers protected. See Sales Representative for details.

january 5 - 26, 2013 new Condo Guide 037

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legally speaking

// by jayson schwarz

the law of good faith ( or the lack thereof) 04 Every Agreement should be reviewed by a lawyer who knows real estate before it is binding.

05 Only your lawyer has a legal, moral and ethical requirement to protect and put you first.

06 Every Agreement should be conditional on the lawyerâ&#x20AC;&#x2122;s review and the condition must be in writing; keep it that simple. Some Agreements have condition clauses that are all mumbo-jumbo and do not let you really change anything. Also, make sure sufficient time for review is allotted.

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 give us your questions, concerns, critiques and quandaries.

T

he Supreme Court of Canada has said that good faith is not a requirement by either side in the negotiation of a contract.

They went on to say that once the contract is signed there is an obligation to perform in good faith. What does this mean to you, the homebuyer?

The most important thing to remember is that if it is not in writing, in the Agreement of Purchase and Sale, it is not binding on either side The Agreement is signed, reviewed, amended and ready. Now what? The parties must thereafter act in good faith to complete the contract in accordance with the terms of the Agreement.

Remember, most builders and their salespeople are honest individuals who want to deliver a quality product. Just be careful not to bite into the bad apple in the bunch.

Happy home hunting!

01 The most important thing to remember is that if it is not in writing, in the Agreement of Purchase and Sale, it is not binding on either side.

02 It does not matter what the agent says or promises (see 1 above).

03 It does not matter what is written in the brochure or advertised at the sales office (see 1 above).

040 new Condo Guide january 5 - 26, 2013

040 column-jayson schwarz-law of good faith-JD.indd 40

12/13/12 12:37:13 PM

luxurious living RIGHT AT THE OLD MILL ON THE BANKS OF THE HUMBER RIVER

OCCUPANCY FA LL 2013 LIVE IN ONE OF TORONTO’S MOST PR ESTIGIOUS NEIGHBOUR HOODS COMING A PR IL 2013

NEW PR ESENTATION CENTR E & MODEL SUITES From the low $500’s to over $1.7 Million Riverhouse at the Old Mill, welcome to a world of elegance and sophistication, in the city’s most desirable Old Mill neighbourhood. Meticulously designed suites, exceptional amenities, heirloom detailing and authentic craftsmanship.

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Promotions may be changed and/or cancelled at any time without notice. Only 5% deposit is required for one bedroom suites.

Only 10% deposit is required for 2 bedroom suites or larger. Balance to 20% not required until occupancy. Limited time offer. Illustration is artist concept. E.+O.E.

RIVERHOUSE AT THE OLD MILL PRESENTATION CENTRE TEMPORARILY RELOCATED AT THE TREVISO PRESENTATION CENTRE LOCATED AT DUFFERIN ST & LAWRENCE AVE W. FOR MORE INFORMATION CALL 416.787.8882

january 5 - 26, 2013 new Condo Guide 041

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FALL 2012

Condo & Hotel Residences

the CITY’S BEST at YOUR DOORSTEP

Fall Issue Now Available CHAZ.YORKVILLE

by 45 Charles Ltd and Edenshaw Homes

GRAND ENTRANCES: LUXURY LOBBIES

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OWN THE SKY

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Exclusive Listing Brokerage: Baker Real Estate Incorporated. Brokers Protected.

Prices and specifications are subject to change without notice. Illustration is artist’s concept. E.&O.E. Dupont St. Yorkville Ave.

Presentation january 5 - 26, 2013 new Condo Guide 043 Centre

Bloor St.

45 Charles St. E. Wellesley St. Church St.

College St.

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Bay St.

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University Ave

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STYLE FILE

WHAT HEIGHT IS RIGHT? // BY YANIC SIMARD

PENDANT FIXTURES ARE AN ALL-TIME favourite because they can be installed in any room of the home. They can be casual or formal – dressed up or dressed down. The challenge most people face is deciding at what height to hang them.

Here are some tips to help guide you: HALLWAY/ENTRY Especially in your entry, your pendant

light should make some sort of statement since not much is going on in this area of the home. This can be one of the most difficult places determine how high to

hang the light since there probably isn’t a piece of furniture underneath to help judge the distance. A general rule of thumb to follow is to hang it at least eight feet above the floor. If you have doors that swing out toward the fi xture, make sure you take note of them so you leave the appropriate spacing for this also.

If you’re looking to add drama and interest to your staircase, hanging a light fi xture is the perfect way to do just that. Having plenty of clearance for walking up the stairs is ultimately all that needs to be considered when installing a pendant here.

STAIRCASE

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OVER A TABLE 28-32 inches above the

table top is where this light fixture will usually hang, though it can be hung lower or higher, it’s more of a personal preference. Keep in mind for conversation, and for serving and passing food, you don’t want it to hang right in your face while seated.

Consider mounting two or three pendants above the table for added light and visual appeal.

ABOVE THE KITCHEN ISLAND

Weather it’s an area for cooking or an area for sitting and watching someone cook, kitchen pendant lights are normally hung 28-35 inches over the island. It really depends on the function of the island, how the area will be used most often and what you’re comfortable with. Again, hanging two or three pendants in a row can look quite beautiful.

BATHROOM Instead of traditional

sconces, hanging two pendants on either side of a mirror looks stunning. Choosing a fixture with clear glass will offer more light which is good for makeup and getting ready, while a diff used shade offers a more ambient feel. The middle of the light component of the pendant should hang at where the middle of the mirror is placed, close enough to the wall so no one will bump into it, but not touching the wall itself. If you’re just hanging one in the centre of the room, you again want to make sure it clears the door.

it’s well lit but not over-bright. I would suggest having this light installed on a dimmer switch so that you have the luxury of setting your own tone of brightness.

ABOVE THE BED A pendant light hung above the bed can serve as a lovely focal point for any bedroom. Fixtures here are usually hung rather high so that you don’t end up hitting it in the middle of the night tossing and turning or when you jump out of bed because you’re late for work. Also keep in mind the sight line – if you have a television on the wall in front of your bed, you’ll want to hang it high enough so it doesn’t obstruct your view.

ON EITHER SIDE OF THE BED In place of table lamps, I love the idea of hanging a pendant above each side table. Just like in the bathroom, you want it to be hung close enough to the wall so you don’t hit it, but not so it’s actually touching the wall. I would leave about 12-20 inches above the bottom of the side table so that you have room for accessories and books.

SIDE NOTES

› Rules are meant to be broken – common sense sometimes over powers any guidelines, so feel free to follow your gut instinct when hanging your pendant light! › It’s a smart idea to consult your certified electrician before hanging any light fixture. There are codes and standards that are required to be met for safety reasons.

MIDDLE OF THE LIVING ROOM With

furniture underneath the pendant, such as a sofa or coffee table, don’t be afraid to hang your light fairly low. Usually the light will be hung over a seating area, which usually an area for conversation, as a spot for reading, watching television or resting – so you want to make sure

YANIC SIMARD is the principal designer of the Toronto Interior Design Group.

Specializing in residential and commercial projects, Simard often applies his signature high/low and old/new combination design techniques in developing unique designs. Simard has created designs for clients in Toronto, Montreal and Miami, and has appeared as a regular guest expert on Citytv’s CityLine. For more information visit tidg.ca.

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For online bookings go to www.plaza-network.com/booking/FlightInfo.aspx?ECONREF=W2W2013

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Exclusive Listing: CityLife Realty Ltd. Brokerage. Brokers Protected. Illustrations are artists concepts. Prices and specifications are subject to change without notice. E.&O.E. 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. *Conditions apply. See Sales Representative for full details. The FIRST HOME BOOST Program will only be available on a limited number of suites.

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events

Fundraiser for daniels spectrum raises more than $350,000

pictured left

Juno-nominated performers (L-R) Sterling Jarvis and Jackie Richardson with Regent Park School of Music singers pictured right

The Daniels Corporation’s President Mitchell Cohen

event for Daniels Spectrum – a cultural hub in Regent Park – raised more than $350,000, successfully capping off the $10 million campaign goal for the centre.

More than 300 people gathered on November 29, 2012 for “Under One Roof”, put on by the Artscape Foundation and presenting sponsor The Daniels Corporation, who reached out to building industry colleagues to lend their support.

Event attendees were treated to performances by some of Canada’s leading musical and dance talent, including Juno-nominated performers Jackie Richardson and Sterling Jarvis, multidisciplinary artist Anne-Marie Woods (a.k.a.

Amani), spoken word artist Mustafa Ahmed, and Daniels Spectrum tenants COBA Collective of Black Artists and Regent Park School of Music.

Guests also heard a trilogy of A recent fundraising

songs composed by Daniels’ President, Mitchell Cohen, that tell a story of some of the significant milestones that have taken place throughout the Regent Park revitalization.

“The generosity that The Daniels Corporation and leaders in the building industry have shown tonight has helped us meet the $10 million fundraising campaign goal for Daniels Spectrum” says Robert J. Foster, Chair of the Artscape Board of Directors. “We are deeply honoured to be the beneficiary of this incredible event.

These funds will allow us to complete the capital investment in Daniels Spectrum and ensure it is sustainable over the long term.”

Daniels Spectrum opened its doors in September 2012 after more than seven years of collaboration from Artscape, Toronto Community Housing, The Daniels Corporation and the Regent Park community. The 60,000-sq.-ft. facility hosts a range of culturally diverse programming and is home to seven non-profit organizations.

Under One Roof was made possible by the support of the following sponsors: The Daniels Corporation; Innocon; Toro Aluminum, C.I.P. Group, 4-Star Drywall, Speedy Electric, University Plumbing and Heating Ltd.; Coreydale Contracting, Sherrard Kuzz LLP and WJ Properties.

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MERCI OBRIGADA GRACIAS DANK U EFHARISTO DANKE DHANYAVAD MOTESHAKKERAM SHUKRAN KAMSAHAMNIDA TANVAD ARIGATO SPASIBA KHAWP KHUN MER OBRIGADA GRACIAS DANK U EFHARISTO DANKE DHANYAVAD MOTESHAKKERAM SHUKRAN KAMSAHAMNIDA TAN-VAD ARI GA MERCI OBRIGADA GRACIAS DANK U E HARISTO MERCI OBRIGADA GRACIAS DAN U EFHARISTO DANKE DHANYAVAD MOTESHAKKERAM SHUKRAN KAMSAHAMNIDA TAN-VAD ARIGATO SPASIBA KHAWP KHUN MERCI OBRIGADA GRACIAS DANK U EFHARISTO DANKE DHANYAVAD MOTESHAKKERAM SHUKRAN KAMSAHAMNIDA TAN-V ARIGATO SPASIBA KHAWP KHUN MERCI OB RIGADA MERCI OBRIGADA GRACIAS DANK U EFHARISTO DANKE DHANYAVAD MOTETHANK YOU SHAKKERAM SHUKRAN KAMSAHAMNIDA FOR CHOOSING DANIELS.KHAWP KHUN TAN-VAD ARIGATO SPASIBA MERCI MERCI OBRIGADA GRACIAS DANK EFHARISTO DANKE DHANYAVAD MOTESHA KERAM SHUKRAN KAMSAHAMNIDA TANVAD ARIGATO SPASIBA KHAWP KHUN MER OBRIGADA GRACIAS DANK U EFHARISTO DANKE DHANYAVAD MOTESHAKKERAM SHUKRAN KAMSAHAMNIDA TAN-VAD ARI GA MERCI OBRIGADA GRACIAS DANK U E www.danielshomes.ca HARISTO MERCI OBRIGADA GRACIAS DAN U EFHARISTO DANKE DHANYAVAD MOTESHAKKERAM SHUKRAN KAMSAHAMNIDA WINNER OF THE 2012 TARION AWARD OF EXCELLENCE HIGH-RISE BUILDER OF THE YEAR

As 2012 draws to a close and we welcome 2013, The Daniels Corporation would like to take this opportunity to THANK our homeowners for your trust in choosing us to build your new home. It is our passion to create innovative and exciting homeownership opportunities for buyers at all stages of the life cycle: for residents living in our Gateway Rental Communities, saving for their down payment; to communities that are designed to provide affordable homes within the reach of first-time buyers and urban and estate residences offering unparalleled luxury.

This past year, we had the privilege of being honoured with the Tarion High-Rise Builder of the Year Award. This award means the world to every member of our team and reinforces our commitment to creating superior new home communities across the GTA.

AS WE ENTER 2013, WE LOOK FORWARD TO BUILDING ON THAT TRUST AND OFFERING A TERRIFIC SELECTION OF NEW HOME COMMUNITIES WHERE YOU WILL TRULY LOVE WHERE YOU LIVE!

FOR MORE INF ORMATI ON ABOUT DANI ELS COM M UNITIES ACROSS THE GREATER TORONTO AREA VISIT:

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

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SMART SHOPPER

SMART SHOPPER

Exclusive discounts and deals for our readers 1 A SPECIAL PLACE Move over dark espresso finishes - light coloured, worn finishes are the trend for 2013. This French-style bergere chair with linen fabric and brass nailhead trim will update your room and can be used in both a traditional and more modern setting. The decorators at A Special Place will help you incorporate this fashionable look into your décor. Regular price, $799, on sale for only $639 until January 31st.

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2 ARROW FURNITURE Looking to update your dining room this year? This fantastic modern dining room features a white lacquer cross base design, a glass top and chrome leatherette chairs. On sale for $799 until January 26. Also available in black.

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3 AUDIO ONE The Bowers & Wilkins A7 is the ultimate wireless music system. Its generous dimensions provide room for a sixinch dedicated bass driver allowing it to deliver full and controlled bass even in large living rooms, $799. Be sure to drop in over the holidays for some great audio deals.

3200 STEELES AVENUE WEST, CONCORD, ON VISIT AUDIO-ONE.CA CONTINUED ON PAGE 52…

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SMART SHOPPER

CONTINUED…

5

5 GREEN FURNITURE Contemporary clean lines define this audio video stand from Green Furniture. Finished in a beautiful dark brown stain, it holds up to a 60-inch TV. From December 16 to January 26, take advantage of the amazing price of $399. 71-in. L by 16-in. W by 18-in. H. 1248 DUNDAS ST. EAST, UNIT 6, MISSISSAUGA, ON | 905.232.8520 VISIT GREEN-FURNITURE.CA

4 4 X-TILE CANADA Changing up your floors is a breeze with X-Tile’s Easy, Habitat, Serena and Touch series that now come in 17 beautiful colours.

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78 SIGNET DRIVE, UNIT 6, TORONTO | 416.749.7111 OR 563 QUEENSWAY EAST, MISSISSAUGA | 905.949.8453 VISIT X-TILE.NET FOR SHOWROOM HOURS

6 ALTA MODA Light up your world with the Arc Floor Lamp from Alta Moda Furniture. This stunning design has a brushed chrome finish with marble base and a convenient adjustable head. Yours for only $295 until January 20th. Regular price is $595.

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trend report

emerald citY this year, all roads lead to emerald – pantone’s colour of the year for 2013. this jewel tone is sophisticated and luxurious; it is also the hue of renewal and prosperity. here’s a panoramic view of this year’s “it” colour, from fashion to beauty to décor.

PHOTO BY PANTONE

// bY silVana longo

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1 Covet Eyeliner, $19. Visit urbandecaY.com. 2 Tiffany & Co. Emerald ring with diamond baguettes in platinum. Photo by Carlton Davis. Visit tiffanY.ca com. 3 Silk PJ top, $49. Visit Joefresh.com. 4 L’Objet Malachite candle, $183. Visit williams-sonoma.com.

5 Gucci 60th Anniversary Patent Frame Drivers, $525. Visit holtrenfrew.com.

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6 Colour Pop coffee pot, $38. Visit anthropologie.com. 7 Marimekko Siirtolapuutarha cushion, $55. Visit eq3.com. 8 Broad stripe, $185. Vermicelli, $255. Both per 11 yard roll. Visit farrow-ball.com. 9 Happy Days punch bowl with ladle, $49.95. Visit eq3.com.

10 KOPPAR table lamp, $19.99. Visit ikea.com/ca. 11 Leather gloves with cuff, $59.99. Visit winners.ca. 12 LEENDE carafe, $9.99.

Visit ikea.com/ca. 13 Staub Coq au Vin in emerald, $175. Visit williams-sonoma.com. 14 London sofa, $2,095. Visit elte.com.

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SURVEY

Condo buyers should budget for

UNEXPECTED EXPENSES DID YOU KNOW THAT YOUR monthly condo fees could increase at any time? Do you have a cushion just in case?

According TD Canada Trust, 68 per cent of buyers surveyed in Toronto, Montreal, Calgary and Vancouver didn’t realize their fees could increase at any time and more than one-third (38 per cent) said they didn’t have confidence they could afford an increase.

“Purchasing a condo may help you build equity, but the financial commitment of owning a condo may be larger and more complex than many buyers may realize,” says Farhaneh Haque, Director of Mortgage Advice, TD Canada Trust. “It’s important to do your research before you hit the open houses to understand the true costs of condo ownership.”

Just like in houses, maintenance and other costs can crop up unexpectedly, so Haque recommends condo buyers create a cushion in their budget for unexpected expenses and start to build an emergency fund to cover possible special levies should they arise.

“Keeping a pulse on the health of your condominium’s finances, such as its reserve fund, can help you to create a realistic annual budget that anticipates condo fee

increases and special assessments,” she says.

Owning a condo may help you build assets for your future, but Haque says there can also be long-term benefits to waiting and saving a larger down payment.

A larger down payment can mean you pay less interest over the life of your mortgage, and if it’s more than 20 per cent of the purchase price you won’t have to purchase high ratio mortgage insurance.

“When comparing owning to renting, you have to weigh all the costs including the purchase price of your condo, the size of your down payment, condo fees, property taxes, immediate repairs or renovations, interest rates and insurance, and compare these with how much you are currently spending on rent. Of course, you also have to place a value on the enjoyment and satisfaction that you will derive from owning your own home,” says Haque.

She suggests you speak to a mortgage specialist who can help you crunch the numbers and walk you through the different mortgage options available so you can make an informed decision on whether you’re ready to buy a condo.

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MONEY MATTERS

January is

// BY GAIL VAZ-OXLADE

“MAKE DO” MONTH

I

Gail Vaz-Oxlade is the host of Til Debt Do Us Part, author of Debt Free Forever and blogs daily at gailvazoxlade.com. Follow Gail on Twitter at twitter.com/GailVazOxlade

f there’s any month when you’re most likely to wonder if all the bills will get paid it’s January. After the feverish rush of the holidays and all the unexpected expenses that popped up, no doubt things will be a little tight.

Add the extra cost of heating and the jump in “fresh” food prices and you’ll be looking for ways to trim back.

Enter Make Do Month. This is the month when you stretch everything a little farther so you spend a lot less. If you get invited to a party, you don’t rush out and buy something new, you get creative and shop from your closet. And if you need a little something different, you shop from a friend’s closet. Or hold a clothing exchange. What you don’t do is spend money!

January is a good month to experiment with a new routine as you make do.

If you’re used to buying coffee every day, brew your own at home or work and save big-time.

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something purchased. Make their favorite cookies, offer to cook them a meal or a bunch of meals for the freezer for those extra busy workdays, or create a coupon for three nights of free babysitting. Maybe you’re a computer genius and can offer to do maintenance or repairs.

Perhaps you’re a mechanic and can offer a tune-up.

Substitute your energy for spending money.

After the buzz of the holidays you’ll no doubt be happy to stay home for the first couple of weeks. Then you may start feeling itchy. You’ve got to get out. You can feel the walls closing in. Time to hit that great new restaurant that just opened up, or head out to the clubs.

Wait a minute. This is Make Do Month.

When the weather is warm, it’s easy to do lots of free things. When it’s cold, entertainment gets more expensive. Sure there’s that great movie you’d love to take the family to for a night out of the house. For a family of four, you’re probably looking at $100 or more with popcorn and drinks. Recycle a movie you already own or do a movie swap with friends, add some home-made popcorn and a 12-pack of pop and you can probably do it for $10. Now that’s making do!

January is also a good month to experiment with a new routine as you make do. If you’re used to buying coffee every day, brew your own at home or work and save big-time. If you regularly go out for lunch, pack one from home for four out of every five days and not only will you drop those holiday pounds, you’ll be able to pay off that holiday debt.

But what if you have family or friends whose birthday falls in January. You’ll have to buy something.

No you don’t. You can give something of yourself instead of

Start a tradition of once-a-month games or poker nights and rotate from one friend’s home to another. No one says you can’t have fun in Make Do Month.

You just can’t spend gobs of money.

Call up a couple of friend and throw a pot-luck game night instead. See if you can do it at their house this time.

Start a tradition of once-a-month games or poker nights and rotate from one friend’s home to another. No one says you can’t have fun in Make Do Month. You just can’t spend gobs of money.

Make Do Month is a conscious decision to stretch every dollar as far as it will go. Try it and see if just becoming conscious save you money. I’ll bet you’re pleasantly surprised.

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Prices and specifications are subject to change without notice.

E.&O.E. Rendering is artist’s impression.

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condo pro

// by barbara lawlor

BUY EARLY

Barbara Lawlor is president 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 condominium developments in the GTA and overseas

D

epending on when in a condominium’s development process you purchase a suite, you will have to wait some period of time for your move-in date. If you purchase early from designs, you benefit from the optimum selection and, of course, the lowest prices. But the biggest advantage to buying early in the process is the equity you

Look on the bright side – your equity during this time can average as much as five per cent per year, which is quite attractive

It’s worth the wait

earn over the time span of construction, which can vary if weather does not cooperate, or unexpected labour or materials shortages occur.

Look on the bright side – your equity during this time can average as much as five per cent per year, which is quite attractive.

Another benefit of buying early in the process, especially for first-time buyers, is having time to save additional money toward your down payment.

I have known young professionals who have taken the equivalent of their maintenance fee and banked it each month to use toward the deposit. This provide the extra funds for the down payment and gets you used to budgeting for your eventual carrying costs.

In addition to saving money during your condo wait, you can make the most of the time by considering the design of your décor and layout. You have room dimensions, so plan your colour schemes, etc., so that when you have your colour selection appointment, you will have a good idea of what will complement what. Look critically at your furnishings and accessories, and decide what to bring to your new home and what to give away or sell.

This is particularly appropriate for the more mature buyer. I have met several empty-nesters who spent years making the decision to sell their long-time family home and buy a condo suite. When they were finally sure they wanted to take advantage of carefree single-level living in a residence with wonderful amenities, they were actually happy to have time to make the transition psychologically, as well as physically. They also appreciated the opportunity to pare down possessions gradually in preparation for occupancy.

This may involve passing along family heirlooms to younger generations and figuring out which items will fit into your new living space.

Remember, too, that if you are among the first to move into your condo, you may have to wait a while before the building is totally complete. The upper floors are finished after the lower ones, and some of the amenities may not be entirely ready for use. This is a similar scenario to moving into a house in a lowrise community where homeowners have to experience some dust and dirt before all the driveways and landscaping are installed. A highrise condominium is built from the ground up, so keep that in mind if you see tradespeople going up and down on the elevators. Residents do receive things like snow removal, lawn mowing, concierge service and the like right away, which is a big part of what maintenance fees cover.

Be realistic with your move, and be patient before and after you move in.

As you wait for your suite to be ready, you can use time to your benefit by becoming even more prepared for a wonderful move-in day.

Enjoy the wait – and remember that your investment will most likely increase in value by the time you move in. Whether you buy from plans when the sales office opens, an inventory suite when the condo is complete, or any time in between, the main thing is that the timing is right for you.

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home smarts

// By Marnie Bennett

10 deadly mistakes buyers make

( and how to avoid them)

a trusted real estate representative or a lawyer. Make sure your real estate professional is full-time and that they know exactly what you’re looking for, in your favourite neighbourhood – not their’s. You want to work with someone who gets you the best price, with a hassle-free experience.

It is critical that you view the home at different times of the day and at night Marnie Bennett is a broker and the team leader of Bennett Property Shop Realty, a full premium-service five-star real estate brokerage specializing in marketing and selling new and resale homes, condos and investment real estate. Marnie is the host of the weekly radio shows, The Real Estate Hour and Business Class, a millionaire real estate investor and a real estate wealth management coach. bennettpros.com

02

Wasting time by looking at homes you can’t afford Most buyers don’t

know what they can afford. It is critical that you know both your credit rating and also how much of a mortgage you qualify for before you begin shopping for a home. Get a full mortgage pre-approval from your bank or broker, which is a commitment from the lender that states the purchase price and your interest rate – guaranteed for a specific amount of time, usually 90 to 120 days. When buying a brand new build, you will need a capped rate up to 18 months, to accommodate the construction period. With this approval in hand, you can then concentrate on looking at condos you know you qualify for.

03

Buying the wrong home The first thing prospective buyers should do is

to make a list of priorities and outline the “must-haves” and your “wish list.” Determine the desired housing style, number of bedrooms, bathrooms, neighbourhood, parking and proximity to work or public transportation.

There are so many choices, so be clear and concise, and stick to your budget.

B

uying a new home is one of the most significant decisions of your life. Be properly educated and make all the right moves to ensure your home is both a comfortable place to live and a great investment for the future.

Here is a list of the 10 most common mistakes to avoid:

01

Failing to use a trusted adviser A home is the

greatest asset of your life, so you need to ensure you have done the proper homework. It is critical that you work with a professional such as

04

Trying to save money by not hiring a professional home inspector

A home inspection can help distinguish a home that is a money pit from one that is a gem. Even new homes need to be inspected. Professional inspectors will check everything from the foundation to the roof shingles and everything in between. The process often results in you having your newhome builder make necessary repairs.

05

Not revisiting your target neighbourhood a few times It is critical that

you view the home at different times of the day and at night. You want to ensure you made the right decision on your neighbourhood of choice – and potentially your new neighbours.

06

Giving in to fear Yes, buying a home is a scary thing and you may not

feel certain you’ve found the right place. Should you buy now? Will prices fall? Will you receive any incentives? Should you keep looking?

Remember, when you’re renting you are making someone else rich and not building equity in your own home. When you become a homeowner, you have

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a fixed asset and you’re on your way to financial freedom. Do your homework and be ready to make the decision when you find the perfect home for you. Have confidence.

07

Not being prepared for closing costs

The down payment is one thing, but there are other closing costs such as lawyer fees, land transfer taxes, utilities, insurance and others – so be prepared. You may also be eligible for government programs such as the Home Buyers’ Tax Credit, so do your research and know what your total costs will be.

08

Not understanding your mortgage

This is a complex and often-intimidating topic, but what you learn (or don’t learn!) about mortgages could save or cost you thousands of dollars. Key factors are your interest rate and amortization, but also find out what your payment privileges are, whether the mortgage is portable, your down payment requirement, insurance needs, and if the mortgage is open, closed, variable or fixed. There are so many factors, so make sure you understand them.

09

Failing to understand the differences between buying a new and resale home

Resale and new homes each have their own advantages and disadvantages. Make a list and compare them. For example, with a new home you have choices such as style, finishes and the suite’s location in the building – and everything is new. But you also may face construction delays, which could impact your finances or current living arrangements. With resale, what you see is what you get. Figure out which scenario is best for you.

10

Being ill-prepared for moving day

It is important to establish a list of priorities and ensure you have contacted the utility companies, secured proper insurance, booked movers, rerouted your mail and finalized all financing. If you do all your homework and you’re well prepared, moving day can be the start of one of the greatest experiences of your life.

Most buyers don’t know what they can afford. It is critical that you know both your credit rating and also how much of a mortgage you qualify for before you begin shopping for a home

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mortgage matters

Explore the options

before you sign your next mortgage renewal your mortgage, sharpening your focus and thinking about your future could help put thousands of dollars in your pocket. Too often, Canadians receive their renewal notice and sign on the dotted line without weighing their options.

Don’t be swayed by the convenience.

By doing your homework, you’ll likely be one step closer to being mortgage-free.

When it’s time to renew

Chances are your circumstances have changed from when you obtained your first mortgage. Whether it’s a change in your job or family situation, renewal time is a great opportunity to re-evaluate your needs and the mortgage that would work best for you. In most provinces when you renew your mortgage, you are simply starting the mortgage from scratch. The existing mortgage is closed and a new mortgage with new terms and rates is set up.

Typically, the process starts when your lender sends you a mortgage renewal statement about 30 to 45 days before your current mortgage matures. At that point, you will have to make an important decision about your future mortgage. Will it be based on signing the renewal notice and returning it to your financial institution, or will you take the time to meet with your lender face-to-face? If you make the wrong choice it could be a costly mistake. Since most lenders want to keep your business, meeting with them could help you secure a reduced interest rate and a better term.

The renewal letter from your lender may not give you the best rates available. In fact, these are often higher than the lender’s lowest rate. Negotiating a rate and other privileges can strengthen your financial position over a period of time. If your lender is not willing to do this, you are not obliged to renew your mortgage with them.

Understanding Your Options 01 If you can afford it, pay down on the existing

mortgage before signing the new deal. It can save you a lot of interest over the life of the mortgage.

02 Banks are often willing to negotiate rates and terms,

but are restricted by the products they have. On the other hand, mortgage brokers deal directly with the mortgage underwriting department from most

continued on page 68…

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mortgage matters

continUed…

Making more money? Try shortening the term of the mortgage by paying bigger lump sums each month. This strategy not only cuts the repayment period, it also saves you interest in the long term and pays down your mortgage faster.

financial institutions and can look for the lowest interest rate on your behalf. Whether you choose to deal with a bank or a mortgage broker, both aim to find you a mortgage based on your needs.

03 The new mortgage should be tailored to your

specific needs and not to the latest headlines in the financial section of the newspaper or on television.

Interest rates can rise and fall like a roller-coaster and are hard to predict over long time frames.

04 Northwood Mortgage recommends that if the renewal rate is lower than your previous rate and you are still comfortable with making these payments, keep the payments the same at the lower rate. By doing this, you will reduce the amortization period of your mortgage.

05 There is a variety of mortgage types available for

homeowners and choosing the right one can be confusing. Lenders will offer you terms ranging from short-term open to longer-term closed and locked-in rates. Centum Pacific Mortgages suggests that if you plan to sell your home soon, a short-term mortgage or one with flexible terms will help you avoid penalty charges before the mortgage comes to an end.

Making more money? Try shortening the term of the mortgage by paying bigger lump sums each month.

This strategy not only cuts the repayment period, it also saves you interest in the long term and pays down your mortgage faster. Although it increases your monthly mortgage payment and raises your monthly expenses, it’s a great option for those who are financially sound, planning an extended leave or working toward early retirement.

Apart from making larger payments, you can also change the frequency of your mortgage payment from

monthly to biweekly or weekly installments, which will save you a bundle in the long run.

If your budget is tight, choosing a long-term mortgage with a lower, fi xed-interest rate may be a better option. A three-, four- or five-year term is considered a long-term mortgage. And even though the rates are higher than a short-term mortgage, it can help you manage your budget accordingly.

06 You can increase or decrease the amortization

period of your mortgage, which can range up to 30 years. If you are looking to minimize your monthly payment, a longer repayment period is perfect. If you are looking to pay off your mortgage faster, a shorter amortization period is the way to go.

07 Renovations are a great way to increase the value of your home, but these projects are usually expensive.

You can make this type of project affordable by adding a line of credit to your mortgage, using existing equity or keeping your mortgage payments low.

08 Refinancing your mortgage is something you

may want to consider during mortgage renewal time.

Refinancing frees up cash you may need for the unexpected. If you choose to refinance, Centum Pacific Mortgages says you must pay out the mortgage in full and arrange a new mortgage with the same or a new lender. However, you will be expected to pay extra fees such as appraisal, legal and other costs, as it is considered a brand new mortgage.

Becoming mortgage-free requires some planning.

Taking a fresh look at your future and staying on top of your renewals will not only help you get the best deal, it will also help you enjoy the benefits of home ownership sooner.

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E-A-S-Y

THE OWNERSHIP PROGRAM:

CAN YOU AFFORD TO BUY AT THE STATION? YES YOU CAN!

These days, with rent on a 2-bedroom apartment in Toronto reaching $2,000/month and beyond**, saving for a down payment can feel next to impossible. But at The Station, our new deposit structure* makes saving a snap. So not only can you afford to buy your own place, but the place you call home can be at North York’s award winning record-breaking development. Here’s how it works.

LET’S SAY YOU’RE LOOKING AT ONE OF OUR EXCEPTIONAL 2 BED + 2 BATH SUITES. YOU GET:

• • • • • •

A sweet corner unit An enormous 175 s.f. balcony Quartz countertops Built-in Euro-style appliances A window in the master ensuite A place you won’t grow out of

YOU PUT DOWN

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$10,000 = $20,000

WITH A $10,000 DISCOUNT OFF THE PRICE OF YOUR CONDO.

Just like that, in 25 months, your down payment will be done and you’ll be the proud owner of an amazing new condo with expansive Terrence Lucas-designed interiors, spacious balconies, and amenities like The Studio Club, fitness centre and the city’s first indoor/outdoor heated party rooms.

ONLY $25,000 TO GO.

FOR THE NEXT 25 MONTHS, YOU PAY JUST $500/MONTH TOWARD THE DOWN PAYMENT AND WE’LL MATCH IT WITH AN EQUAL $500/MONTH DISCOUNT OFF THE PRICE OF YOUR CONDO.

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CONDO PROFILE

Uptown groundbreaking brings

THE STATION ONE STEP CLOSER

d

evelopers at The Station came one step closer to occupancy recently with one of the biggest milestones in the building process — groundbreaking, a great moment when builder, buyers, neighbours, and every passerby can really catch the excitement of this outstanding new community.

There’s just something about huge bulldozers playing in the dirt that electrifies the imagination.

It will be about four months of excavation now before work begins on the underground garage. Once that’s done, things move quickly; if the winter is anywhere near as kind as fall has been, people might be celebrating The Station’s

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topping-off come summer.

In addition to its location right on the subway in a neighbourhood poised for a stunning, pedestrian-driven transformation — where the Toronto Star says, “something’s happening … that will leave it forever changed” — right now it’s easier than ever to buy at The Station.

With its E-A-S-Y program, Brandy Lane offers generous payment-matching that makes it possible for renters to get off the merry-go-round of paying their landlord’s mortgage and into a home of their own, a milestone that profoundly affects quality of life and financial security.

The Station is a smart long-term move.

While its proximity to highways and unbeatable TTC access, timeless architecture and unique amenities (including a major grocery retailer right on-site) add long-term value, it also all adds up to a terrific urban lifestyle.

The Station experience starts in the soaring two-storey lobby, a contemporary take on art deco-inspired design with a dramatic contrast of wood and stone, and two grand entrances.

Residents enjoy an amazing extension of their living spaces with the Studio Club, an ultrachic amenities floor so special, your friends

THERE’S JUST SOMETHING ABOUT HUGE BULLDOZERS PLAYING IN THE DIRT THAT ELECTRIFIES THE IMAGINATION may never leave.

A fully equipped fitness centre, complete with his and her steam rooms, shares a floor with an entertainment centre, an outdoor dining lounge with barbecues, and an indoor party room with large bar and catering kitchen. Steps away, an absolutely breathtaking, one-of-a-kind, infinity-edge oasis pool offers all-season decadence. The city’s first ‘urbanas’ are exquisite, barbecue- and TV-equipped indoor-outdoor party rooms, three in all, offering a more private celebration space — especially handy when just living here is reason enough to celebrate.

Suites ranging from one-bedrooms right up to threebedroom townlofts — unique bungalows in the sky — and penthouses boast contemporary design and European-inspired touches like sleek kitchen cabinetry, granite counters, and vanities with integrated counters and sinks.

Brandy Lane has been offering beautifully designed homes in well-planned communities since 1986. Offered alongside partners Shiplake Management and The Wise Group, The Station is setting the stage for outstanding condo living at the forefront of Toronto’s most exciting neighbourhood renaissance.

For full details on the E-A-S-Y Program and how you can come call The Station home, visit the presentation centre on Tippett Road, right behind the construction site on Wilson Avenue, call 416.398.9777, or visit thestationcondos.com.

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CONDO SENSE

What should investors look for

Ben Myers is the editor and executive vice-president of Urbanation, a market research firm that has been tracking the new, resale and future condominium market since 1981. Urbanation’s new UrbanRental report on condominium apartment rental activity adds a new dynamic to their expanding range of research products and consulting services.

T

here were 343 active condominium projects in the Toronto CMA (census metropolitan area) in the third quarter of 2012, according to Urbanation’s Quarterly Condominium Market Survey.

So, if you are looking to purchase a condominium as an investment, you’ve got a lot of choice!

I am certainly not going to tell you which project to buy into, but based on data from our newest report (UrbanRental), I can give you some statistical guidance as to which type of units you should purchase.

Is it worth the view? One of the

huge advantages of highrise living is the fantastic view, and many people have no problem paying the additional premiums to get better sightlines. However, as an investor, you have to consider that buying a

// BY BEN MYERS

IN A NEW CONDOMINIUM? unit on the 30th floor, as opposed to the first, may cost you $30,000 more.

Based on condominium rental data from Q3-2012, the average unit rents for $7.06 more per floor in the Toronto CMA. Let’s do some quick math: the average new condo in Toronto (750 sq. ft. at $400,000) would have a mortgage payment of $1,520 per month (20 per cent down, three per cent variable rate). If you bought the same unit 30 floors higher at $430,000 and used the same down payment of $80,000, the monthly mortgage payment would be $1,660. The unit 30 floors higher would rent for about $212 more per month than the unit below, compared to the mortgage cost of $140 more. Based on these results, it makes sense to purchase a unit on a higher floor. But buyer beware, interest rates may not stay so low forever.

How much space is enough? Which unit type should you buy? Based on

data from UrbanRental, one-bedroom suites and one-bedroom plus den suites are equally appealing. Average one-bedroom and one-bedroom plus den suites took just 13 days to lease, on average, and were rented for 100 per cent of the list price. Rents have appreciated 2.7 per cent annually for one-bedroom units and 2.8 per cent annually for one-bedroom plus den units.

Although studios make up just two per cent of the rented condo units in the Toronto CMA, lease rates have appreciated four per cent annually, and it took landlords an average of two weeks to lease their units at 99.8 per cent of their list price.

What about parking? Should you purchase a parking space with your unit?

Eighty-five per cent of units leased in the Toronto CMA in Q3-2012 came with a parking space. The median unit without parking leased for $1,650 per month compared to $1,700 for units with parking. Units without parking leased in 12 days, on average, while suites with parking took four days longer.

Given that parking can range from $30,000 to $65,000, a further mortgage analysis is not needed to tell you that the rent premium of having a parking space won’t offset the higher mortgage payment in this instance.

In all cases, make sure you and your agent do your homework.

Many people have no problem paying the additional premiums to get better sightlines

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RBC oUTLooK

Canadians resolve to

BeTTeR MAnAGe FInAnCeS In 2013 more Canadian consumers believe their personal financial situation will improve than they did at this same time last year. And, they are taking steps to be in better financial shape, according to the quarterly RBC Canadian Consumer Outlook.

One-in-three Canadians (31 per cent) are planning to focus on reducing their debt this year, 26 per cent on spending less, 25 per cent on saving or investing more, and another 20 per cent intend to take all of these actions in 2013. Canadians are also sending out a strong signal that less money will be going toward major purchases in 2013, with 44 per cent reporting they will spend less on big AS THeY HeAd InTo 2013,

ticket items such as cars, household appliances or vacations.

“Canadians may believe brighter days are ahead because they are making resolutions to better manage their finances by reducing debt and curbing spending not because of their outlook on the Canadian economy,” says Richard Goyder, vice-president of personal lending, RBC. “While New Year’s resolutions may start with great intentions and fizzle out later in the year, setting out a plan to reduce your debt, keep it under control and save more for that rainy day will help keep you on track.”

The most recent Economic and Fiscal Update issued by the federal government in November estimated that Canada’s real GDP will grow by 2.0 per cent in 2013. RBC Economics is currently forecasting the Canadian economy will grow by 2.4 per cent in 2013 and will be releasing its next Economic and Financial Outlook in December.

“The Canadian economy has been growing at a rate close to its long-run potential,” says Craig Wright, senior vicepresident and chief economist, RBC. “However, we will have a sharper picture of Canada’s future growth prospects when the U.S. addresses the fiscal cliff and European policy makers can move the Eurozone out of recession and address fiscal and financial market imbalances.”

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Top 10 Financial Tune-up Tips for 2013:

1

Reduce your debt If you are among the 31 per cent of Canadians who plan to focus on reducing debt in 2013, you can start by paying down debts which have the highest interest charges first.

2

Consolidate your debt To make all your debts easier to manage and pay down, talk to a financial advisor about consolidating your debts. Combining multiple payments into one loan can help make it easier to manage your debt and you may even reduce your interest costs and be able to pay down your debt sooner.

3

Budget for the year ahead Having your own budget allows you to manage your expenses, pay down debts and save for future goals. If you don’t have a budget, set one up for the new year; if you already have one, the beginning of a new year is a good time to do a budget review. You can get in-person budgeting advice any time of the year from a financial planner at your local bank branch.

4 Make your credit card work for you Credit cards can help you keep track of your expenses and also earn valuable rewards more quickly, but whenever you use your credit cards, do so wisely – pay off your full balance before the due date each month.

5 Have an emergency fund Unexpected expenses can catch you offguard throughout the year. An emergency fund can help you take care of unplanned costs without straining your budget.

6

Compare loans to lines of credit If you are planning a major expense this year (buying a car, renovating your home, investing in your RRSP), explore whether a loan or a line of credit will work best to help you manage that expense.

7

About to buy a home? Get preapproved for a mortgage To get a better idea of your price range before you buy your first home, apply for a pre-approved for a mortgage, with professional advice that will help you understand the long term costs and choose the right mortgage option to suit your needs.

Canadians are sending out a strong signal that less money will be going toward major purchases in 2013, with 44 per cent reporting they will spend less on big ticket items such as cars, household appliances or vacations

8

Review your investments The start of any new year is a good time to review the mix of assets in your investment portfolio and to recheck your risk profile, to see if you need to make any adjustments.

9

Use all your income tax deductions Remember to pay all tuition fees, investment management fees, accounting and legal fees if deductible, safe deposit box fees, childcare expenses, alimony, medical expenses and any business expenses by December 31 of the year, if you want to deduct them on this year’s tax return.

10

Individual Pension Plan option for business owners If you are a business owner with an incorporated company, you may find both year-end corporate income tax deductions and a structured retirement savings plan for yourself through an Individual Pension Plan (IPP).

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YOUR MORTGAGE

MANAGING YOUR MORTGAGE What you should think about when financing your home your home is probably the most important investment you’ll ever make. Whether you’re buying a condo or refinancing your existing home, making the right decision now can help save you money and provide greater financial stability for your family in the future.

IF YOU’RE LIKE MOST CANADIANS,

To help you make an informed decision, Canada Mortgage and Housing Corp. (CMHC) offers the following tips on what you should think about when financing a home:

» Calculate in advance how much home you can afford.

Mortgage professionals use a few variables to determine the maximum mortgage you can afford: your household income, your down payment and your debt payments including your new planned mortgage along with major related expenses such as property taxes and heating. If you want to do some calculations of your own, CMHC has created a very simple online Mortgage Affordability Calculator (cmhc-schl.gc.ca). » Consider getting a smaller mortgage than the maximum amount you can afford. Your future financial picture may not be the same as it is today. By taking on a smaller mortgage than the maximum amount you can afford, you will gain the flexibility and peace of mind to manage your other obligations today and deal with any unforeseen events that might occur in the future.

For many homeowners, a rise in interest rates could have a significant impact on their housing costs

» Evaluate the impact rising interest rates could have on your monthly payment. For many homeowners, a rise in interest rates could have a significant impact on their housing costs. For example, if you are renewing a mortgage of $250,000, an increase of just two per cent in the interest rate could cost you around $300 extra each month.

Evaluating the impact of future interest rate increases today could help you avoid potential financial difficulties tomorrow. » Become mortgage-free faster by reducing your amortization period.

This will increase your monthly payments, but will also save you money in interest over the life of your mortgage, and make your family mortgage-free sooner.

Choosing an accelerated payment option (equivalent to one extra payment per year), making lumpsum payments or increasing your regular payment amount all contribute to reducing your amortization period.

For more information on any other aspect of owning, maintaining or buying a home, visit the website at cmhc.ca or call CMHC at 1.800.668.2642.

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75% OF THE FIRST RELEASE IS PRICED FROM THE MID $200,000’ TO MID $400,000’ S*

INCLUDING 2 BEDROOM SUITES

S*

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COMING SOON TO KING STREET WEST AND BLUE JAYS WAY Located in the epicentre of King West, King Blue Condominiums depicts the culture and lifestyle of urban sophistication. Sleek architecture blends with rich heritage to create an iconic landmark, just steps from the city’s best nightlife, restaurants and fashion hotspots. Experience the good life at King Blue.

WHO COULD ASK FOR ANYTHING MORE? CONDOMINIUMS FROM THE MID $200’S* REGISTER AT KINGBLUECONDOS.COM | 416.599.1355 Exclusive Listing: Baker Real Estate Incorporated Brokerage. Brokers Protected. *Prices and specifications are subject to change without notice. llustration is artist concept. E. & O.E. january 5 - 26, 2013 new Condo Guide 077

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TRENDSPOTTING

1 THE BIG MUG

2 HANDLE-FREE

3 RETRO

MUGGED

Joe. Java. Café. Cuppa coffee. Whatever you call it, that burst of caffeine always makes it easier to start the day. Considering it’s the the second most valuable traded commodity in the world (second only to crude oil) the world needs a lot of mugs to keep up with consumption! Choose a cup carefully, you need a mug that doesn’t just match the décor, it should match your attitude.

// BY ELISA KROVBLIT

4 ARTSY

7 SOPHISTICATE

5 WILD SIDE

8 ENVIRO

6 FOODIE

9 MORNING PERSON

1 H2K White Latte Mug $3.49. VISIT CANADIANTIRE.CA 2 Bean Man Espresso Cup $1.95. VISIT CB2.CA 3 LYDA Jumbo Cup, Rose $4.99. VISIT IKEA.CA 4 Utopia New Wave Mug with Seagull-do on one side, New Wave Girl on the other. $28. VISIT JONATHANADLER.COM 5 For Living Animal Mugs $14.99/SET OF 4. VISIT CANADIANTIRE.CA 6 Le Creuset Mugs $35.23/SET OF 2. VISIT WILLIAMS-SONOMA.COM. 7 Gold Monogram Mug $14.60. VISIT WILLIAM-SONOMA.COM. 8 Aladdin Tform Recycled & Recyclable Mug $11. VISIT MEC.CA 9 Finn Mug $19.95. VISIT CRATEANDBARREL.CA

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YONGE AND EGLINTON

free parking

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on all 2 bedroom and 2 bedroom plus den suites

A Savings of $50,000*

2 bedrooms and 2 bedrooms + den starting from

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SALES OFFICE

SITE

On Site Retail:

079

12-11-23 8:52 AM 12/11/12 4:27:55 PM

news

CREA

launches new tool for homebuyers

In a recent Nanos Research survey for CREA, more than 63 per cent of Canadians indicated a “major need” for more information about the financial details of buying a home. That figure rose to 70 per cent for respondents between the ages of 18 and 29.

The Homebuyers’ Road Map is a guide designed to help Canadians better understand the homebuying process as well as appreciate the importance of negotiating with lenders and researching government programs Now, consumers have a new tool to help navigate the complexities and financial implications of purchasing a home.

The Homebuyers’ Road Map was recently launched by the Canadian Real Estate Association (CREA) and the Financial Consumer Agency of Canada (FCAC) and is available on CREA’s website at crea.ca.

“As Realtors, we appreciate that young Canadians and first-time homebuyers are craving more information about the financial details required to purchase a home,” says Gary

Simonsen, CEO of CREA. “The purpose of the Homebuyers’ Road Map is to empower consumers with the knowledge, skills and confidence to make responsible financial decisions about one of the largest purchases they will ever make.”

The Road Map is a guide designed to help Canadians better understand the homebuying process as well as appreciate the importance of negotiating with lenders and researching government programs.

“Buying a home involves a number of steps and many buyers need some help in understanding the various options available. In order to make the decision that matches their own circumstances and goals, consumers need some money know-how — which is what financial literacy really is,” says Ursula Menke, Commissioner of the Financial Consumer Agency of Canada (FCAC).

“This guide will help people make the right decision, and adds to the information on mortgages, loans and banking available on our website, itpaystoknow.gc.ca.”

To access the Homebuyers’ Road Map, visit crea.ca and click the “Buying or Selling?” tab.

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finances

buying a home:

Are you financially ready?

If you’re like most Canadians, your home is probably the most important

investment you will ever make. But how do you know if you are financially ready for all the responsibilities that come with home ownership?

To help you avoid any unpleasant surprises, Canada Mortgage and Housing Corporation (CMHC) offers the following tips on how to assess your current financial situation, calculate your monthly expenses and determine how much home you can afford.

First, calculate your net worth. Your net worth is the total of all of your assets (including any investments, savings, properties, vehicles and other assets you own) minus your liabilities (such as any mortgages, car loans, personal or student loans, credit cards or other debts). Your net worth will give you an accurate snapshot of your current financial situation, as well as an idea of how large a down payment you can afford.

Next, calculate your current monthly expenses to determine what kind of mortgage payment could comfortably fit into your budget. Your monthly expenses include your current housing expenses (such as rent, utilities, parking and other fees) as well as all other regular, non-housing related costs (such as cable TV/Internet, debt payments, insurance, car fuel and repairs, clothing, medical and dental costs, child-care expenses, groceries, entertainment and other expenses).

Once you have a clear picture of your financial situation, figure out how much you can afford in monthly housing costs. As a general rule, your total monthly housing costs (including mortgage principal and interest, taxes and heating) shouldn’t exceed 32 per cent of your gross household monthly income. In addition, your entire monthly debt load (including mortgage payments, car or student loans and credit cards) shouldn’t be more than 40 per cent of your gross household monthly income.

If you have made all the necessary calculations and feel you are ready, it can be a good idea to select a lender and ask them to pre-approve you for a mortgage. Getting pre-approved lets you know in advance what price range you should have in mind when you are shopping for your new home.

For most people, the hardest part of buying a home – especially a first home – is saving for the down payment. With CMHC mortgage loan insurance, you can purchase a home for as little as five per cent down. To find out more, contact CMHC or talk to your lender.

For more information on what features to look for and other factors associated with buying a home, visit cmhc.ca and search “Homebuying Step-by-Step” or call CMHC at 1.800.668.2642.

As a general rule, your total monthly housing costs (including mortgage principal and interest, taxes and heating) shouldn’t exceed 32 per cent of your gross household monthly income.

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EATON CENTRE

YONGE ST.

DUNDAS ST.

SHUTER ST. 197 YONGE STREET QUEEN ST.

PRESENTATION GALLERY location: 197 Yonge Street. hours: Mon–Thurs: 12–6, Fri: Closed, Sat–Sun: 12–5.

DANCE TO THE BEAT OF YOUR OWN DRUM AND OTHERS WILL FOLLOW. Massey tower has taken the condo scene by storm, quickly becoming one of the most successful developments in downtown toronto. this 60-storey tower sits atop an historic base, on Yonge, across from the Eaton centre, with access to every urban amenity you could ever want or need. visit our presentation gallery and Model suite today and find your groove.

FROM THE LOW $300’S • THEMASSEYTOWER.COM • 416 966 0197 ExclusivE BrokEr: MarkEtvision rEal EstatE corporation. BrokErs protEctEd. pricEs and spEcifications suBjEct to changE without noticE. E. & o. E. illustration is artist’s iMprEssion. crEativE: la-ads.coM

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what's new

Start the new year with a fun and fabulous fabric sectional from the new HGTV furniture line exclusive to Toronto retailer, Decorium. Also available as a sofa, it includes an ottoman with storage. From the Classic Chic collection: sectional, $3,499; media stand, $1,499; bookcase, $1,199; Chantal accent chair, $1,499. Available in Ivory, Plum and Blue. visit decorium.com

whatâ&#x20AC;&#x2122;s new

Get this look!

We follow the trends and put together this handy guide of the latest and greatest products on the market and where to find them.

2

3

// by silvana longo 1A llen & Roth 12-inch brushed nickel pendant light. $59.92 Visit lowes.ca 2K arelia dark chocolate engineered hardwood.

Price ranges from $6 to $9 per square foot.

Visit silverwoodflooring.com

1

3F lax linen drapes with blackout liner, $89 per panel.

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Coffee Culture

Your daily coffee or tea drinking ritual is elevated to an art form with these mugs inspired by Austrian artist, Gustave Klimt, whose work is often distinguished by elegant gold or coloured decoration.

These cups follow suit as they come in brilliant colours with abundant gold detailing. Choose from the most attractively gift-boxed, a selection of 12 mugs or cups, in singles or sets, from $11.75 to $31.Single mugs boxed, $15.75.

The Scholtes Coffee Center in sleek stainless steel, offers a wide range of coffee preparation options from grinding fresh beans to the perfectly prepared frothy coffee beverage. Its compact dimensions and shallow cabinet depth means it can be integrated in any kitchen without taking up a large amount of space. The attractive digital display lets you control customized professional performance to suit your taste. Th is low maintenance appliance is easy to clean and easy to enjoy. 18-in. h by 23 1/2-in. w by 12 1/2-in.d, $2,999.

Available at Distinctive Appliances Kitchen Lifestyle Centre.

Invite the outdoors in with a sawnwood effect and asymmetrical detail in the square coffee table from the Brem collection. Brem evokes a certain authenticity and durability, its tones and shapes create a highly personal interior. $1,148, 37-in. w by 74-in. h by 22-in. d. visit gautier-shoPs.Com

visit adornmentsonQueen.Com

Psst! a recent houzz report on Canadian reno stats defines Canada as "a renovation nation." on november 29, soFa (source of Furniture + accessories) hosted its largest event ever. First-time Canadian appearance for houzz, the leading online platform for home remodelling and design, liza hausman vP of marketing presented the results from their Canadian homeowner survey and the reno future is bright. the study revealed that 72 per cent of Canadians plan to remodel or redecorate in the next two years while 40 per cent will build an addition or remodel. the driving force behind renovations is lifestyle improvement over increasing home value with 60 per cent of Canadians prioritizing home improvements over vacations and luxury items. it looks like creating a true home oasis is a Canuck's idea of indulgence.

From leFt to right

Michael Prescott, President of SOFA Katherine Nannizzi, Director of Business Development for Houzz Liza Hausman, VP of Marketing for Houzz Linda Kafka, Director of Marketing for SOFA

Back to black. Bring a contemporary feel to your bathroom by introducing the Jalo Lavatory faucet in black. The sleek colour and single lever style handle will add a bit of drama to your salle de bain. It comes with three handle-levers: black, red and chrome. $249. visit rona.Ca

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Drawing from more than five decades of culinary expertise, Williams-Sonoma recently launched their very own line of cookware, stainless steel tools and tech-driven tools for the kitchen. The new Thermo-Clad line uses an exclusive aluminum alloy that provides up to 35 per cent more conductivity resulting in precise and even heating and temperature control. Doublewall insulated lids ensure even temperature throughout while keeping food warm after cooking. Manufactured in Italy, the 10-piece cookware set is $999.95.

The Galaxy Note ll is the ultimate smartphone for creating, collaborating and sharing. The new 5-5-inch HD super AMOLED Plus screen, coupled with the innovative S Pen creates a seamless experience between your office, family and social life. $199.99. visit samsung.com

Is your entrance hall missing that "je ne sais quoi"? The Medusa coat rack, designed by Archirivolto, gives a twist to a design classic using modern materials such as metal and plastic. The top section is available in several finishes and features six S-shaped polycarbonate hooks. The stem, made from polished colour-coated metal, features a plastic element in the upper section in the same colour as the hooks. $609.

Visit calligaristoronto.ca

Winter may be upon us but imagine a garden filled with the freshest, organically grown microgreens and herbs all yearround. The Urban Cultivator can make this green dream a reality.

At the forefront of the locavore movement, this dishwashersize appliance produces greens that feel, smell and taste like spring, even during the coldest winter months. The base Urban Cultivator home model is $2,200. The commercial model costs $8,000. Order the Urban Cultivator by calling toll free 1.877.352.0490.

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the mortgage minute

What’s all the fuss about a

// by peter kinch

‘ market correction’?

P

Peter Kinch is an award-winning mortgage broker and best-selling author of The Canadian Real Estate Action Plan Visit peterkinch.com or contact him at peter@peterkinch.com

Every time there is talk about a market correction in Canadian real estate, the tone is quite negative.

But let’s take a closer look at that situation: rather than argue about whether we may have a market correction, let’s analyze what it really means to Canadians if there is one.

ick up any newspaper today and no one could blame you if you got a little worried about the state of the economy or the fear of a pending market correction in Canadian real estate. What if Greece defaults?

What about the ‘Fiscal Cliff’ in the U.S.? Are Canadians taking on too much debt? Have mortgage rules gone too far? Is there a housing bubble about to burst? What if there is a market correction?

The real question is, “Do Canadian homeowners or prospective buyers need to be concerned?” Every time there is talk about a market correction in Canadian real estate, the tone is quite negative. But let’s take a closer look at that situation: rather than argue about whether we may have a market correction, let’s analyze what it really means to Canadians if there is one.

First-time homebuyers If you’re a first-time homebuyer, you have likely felt the pinch of the rising cost of housing, and the new mortgage rules certainly haven’t helped any either. So a slight market correction would be welcome news; you can still get into homeownership with only five per cent down, but since your maximum amortization is now limited to only 25 years, a drop in pricing is exactly what you’ll need to be able to get into this market.

Conclusion: A market correction is a good thing for you.

Current homeowner buying or selling – moving up or downsizing It is very rare that someone buys something without selling something first, and vice versa. If you are a homeowner and you’re looking for the right time to sell your house so you can buy another, you may be concerned that the price of your current home is dropping. But let’s take a closer look at that: assume

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?

the value of the house you are selling drops by 10 per cent. Let’s also assume that you plan to buy another home (whether upsizing or downsizing). The key to remember in a downturn market is that the person selling their home to you is going through the exact same thing.

In other words, if the value of your home dropped 10 per cent, so too did the value of the new home you are buying. Focus on what your bottom line “net” is, rather than what you thought or had hoped to sell your home for.

Conclusion: In most cases, the net effect of a market correction is zero.

Real estate investor or second-home buyer If you are buying real estate as an investment either for cash flow or as a second home, then this is the perfect market condition for you.

When there are more sellers than buyers, you have more bargaining power. If you are able to negotiate a better deal and pay a little less for the property you are looking for, it simply makes the deal that much more affordable.

Conclusion: You should be hoping for a market correction.

Over the last decade, a significant amount of the net worth of Canadians has been tied up in their home equity, and this has provided the foundation for a lot of retirement plans – so there is obvious concern.

Current homeowner with no plans to sell The majority of Canadians fall into this category, and let’s be honest – the single biggest reason we worry about a housing correction is the fear that it will erode our home equity and net worth. Over the last decade, a significant amount of the net worth of Canadians has been tied up in their home equity, and this has provided the foundation for a lot of retirement plans – so there is obvious concern.

But should there be? Again, let’s look at the facts. For the majority of Canadians, the plan is to stay in their current house for at least the next three to five years. So here’s a simple fact: equity is only gained or lost the day you sell. In other words, if the value of your house were to drop by 10 per cent tomorrow, you may feel anxiety over the drop in your net worth – but it would only be on paper unless you actually sold your house tomorrow. If you have no intention of selling soon and you can still afford your monthly payments, then all you need to do is sit and wait and go about your normal life until the market bounces back – which it has done for the past 100 years.

Conclusion: A market correction may very well have zero impact on you.

In the end, the headlines will continue to talk of impending market corrections. The key for you is to decipher one of three things: 1. Is this a real concern?

2. Is this an opportunity? Or, 3. Are you just getting worked up about nothing?

Bottom line: A lot of people will fret about this topic over the water cooler tomorrow morning – but the majority of them really don’t need to.

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HOUSING MARKET

LOCATION MATTERS IN THE GTA residents would like to live in a walkable and transit-accessible neighbourhood, according to an RBC-Pembina Institute study.

Eight out of 10 GTA residents (79 per cent) surveyed said affordability influenced where they live.

If cost were not an issue, 81 per cent of respondents indicated they would give up a large yard for a smaller lot or more modest home within walking distance to amenities, easy access to rapid transit and less time behind the wheel. More than half (54 per cent) would choose this type of location-efficient neighbourhood even if it was more expensive.

THE MAJORITY OF GREATER TORONTO AREA

Traditional views of suburban and downtown neighbourhoods are changing. Location and life stage matters when deciding the type of home you live in and where you live.

“The results of the survey indicate that there is a clear desire for more compact and family-friendly homes that are close to where people go everyday,” says Cherise Burda, Ontario policy director at Pembina and the author of the report. “Currently, many of these options are beyond most budgets.”

Stage in life may also be a determining factor in where people choose to live. GTA residents aged 60 and over showed the strongest preference for living in walkable and compact neighbourhoods (70 per cent), despite higher home costs in this type of area. In contrast, 59 per cent of families with two or more children strongly preferred large detached homes in car-dependent neighbourhoods with lower housing costs.

“Traditional views of suburban and downtown neighbourhoods are changing. Location and life stage matters when deciding the type of home you live in and where you live,” says Claude DeMone, director of client strategy for home-equity fi nancing, RBC. “Affordability remains a key consideration for many homebuyers, but this extends beyond just the purchase price, as a better location can help cut commuting costs, reduce home servicing expenses and save on your household budget.”

For more information, visit rbc.com

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king & bathurst the oneeleven condominium residences at king and bathurst are now over 50% sold! register today at oneeleven.ca or call 647 347 4111. presentation gallery + model suite located at 111 bathurst (bathurst + adelaide). donâ&#x20AC;&#x2122;t miss out on this amazing opportunity to live in king west.

CONDOMINIUMS + LOFTS presentation gallery hours of operation monday to wednesday noon - 6pm thursday three - 8pm saturday & sunday noon - 5pm

Exclusive Listing Brokerage: Brad J Lamb Realty Inc. Brokers Protected.

Rendering is an artistâ&#x20AC;&#x2122;s impression. Prices and specifications are subject to change without notice. E.&O.E. January 2012 january 5 - 26, 2013 new Condo Guide 091

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condo watch

previews & registrations Allegra

by Nova Trimax

Skycity Condominiums

by Pemberton Group

Affordable luxury, steps from the Village of Woodbridge. Construction started..

Web: AllegraCondos.com

A master-planned urban community in Richmond Hill Web: SkyCityCondos.com

Centro Square

by Liberty Development

Upper Village Markham

by Greenpark

A master-planned community in the heart of Woodbridge. Register now.

Web: CentroSquare.ca

The Clairington

by Castleridge Homes

Now registering, UV2 – the North Tower.

South Tower is already 90 per cent sold and under construction.

Web: UV2.com

Active adult living in a parkside condominium in Brampton.

Web: TheClairingtonCondos.com

905 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@wall2wallmedia.com

Courtyards of Maple

by Marino/Intercity/TriAxis

European-inspired condos coming soon to Maple. Register now to stay informed.

Web: CourtyardsOfMaple.com

Fairground Lofts

by Wycliffe Homes

Urban lofts are coming to Woodbridge Village.

Register now for preview.

Web: FairgroundLofts.ca

Grand Palace

by Guizzetti Corp.

Register now for the timeless art of living!

Now under construction.

Web: GrandPalace.ca

Limelight

by Daniels Corp.

Coming soon: The final glorious chapter of Mississauga’s beaming success story.

Web: LimelightCondos.com

new releases & grand openings Garden Court Condos

by Monarch

Now open in Markham. Visit the Experience Centre at 10350 Woodbine Ave. Web: MonarchGroup.net

PSV2 & Parkside Village Townhomes

by Amacon Developments

Offering the convenience of downtown living with the tranquility of a suburban context.

Grand opening.

Web: LifeAtParkside.com

Park City Condominiums

By Tobyn Park Homes

Currently in pre-construction at Walkers Line and Upper Middle Road in Burlington.

Register now.

Web: ParkCityLiving.ca

Pinnacle Uptown

by Pinnacle International

Construction has started on Mississauga’s live-work-play community. Register today.

Web: PinnacleUptown.net

Rain Condominiums

by Empire Communities

Coming soon to Oakville – the South Tower at Rain Condominiums. Register now.

Web: RainCondos.com

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GTA Edition Jan 5 - 26, 2013

Your complete source for condos, lofts and townhomes in the 905 region

IN THIS SECTION Maps and listings for new condo communities in the 905 region Builder news and the latest in condos in the 905

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12/18/12 1:42:12 PM

oximate.

#

Builder

Site

Telephone

TH* C*

Price Range

Page

Finder

30 Pinnacle International

Pinnacle Grand Park

905-276-3981

•

from $250,000

103

20L

34 Pinnacle International

Pinnacle Uptown, Crystal 2

905-568-9000

•

from $250,000

97

19K

39 The Daniels Corporation

Limelight Condominiums

905-306-6996

•

from $200,000

15

21L

45 Empire Communities

Rain Condominiums

raincondos.com

•

from $400,000

25

17Q

1

Pemberton Group

Miracle in Mississauga

905-603-6300

•

from $250,000

16M

3

Castle Group

Tuscany Gates

905-501-9557

from $340,000

20J

4

Conservatory Group

Mirage

905-232-2400

•

from $250,000

20K

6

Conservatory Group

Widesuites

905-897-8536

•

from $375,000

21K

8

Fernbrook Homes

Absolute Vision

905-803-0556

•

from $188,000

21k

8

Cityzen

Absolute Vision

905-803-0556

from $188,000

21K

•

21K

•

•

10 AMACON

The Residences at Parkside Village

lifeatparkside.com

12 Alterra Homes

Renaissance in Olde Brampton

905-454-7222

•

from $215,000

13d

14 Pemberton Group

Rosedale Village Golf & Country Club

905-799-5000

•

from $190,000

12e

18 Retirement Lifestyle Communities

Palisades on the Glen

905-820-8210

•

from $290,000

17M

19 United Lands

Stonebrook II

905-822-8858

•

22n

21 Casino Bay Dev. Corp./Toddglen

Panoramic Point at Brewery Bay

27 Inzola Group

•

1-866-611-5525

•

from $264,000

7Q

Park Place

905-451-7001

•

from $310,000

14G

30 Pinnacle International

Pinnacle Grand Park 2

905-276-3981

•

from $250,000

20L

31 Pemberton Group

Bluwater Condos

416-987-8800

•

from $350,000

17T

32 Armour Heights Developments

River’s Edge

905-533-2400

•

from $285,000

14A

35 Ashley Oaks Group

Emporium at Joshua Creek

905-618-0660

from $200,000

17P

36 Mady Development

Market Town Condominiums

705-719-1222

•

from $144,000

5r

38 Tridel Corporation

Metrogate - Ventus 2

416-293-5535

•

from $225,000

19J

46 Mattamy Homes

The Mount Pleasant Village

•

from $200,000

20M

*TH: Townhomes, C: Condo

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

100-Condo_Maps&List.indd 6

•

•

mattamyhomes.com

Attention Builders - Want to add your community to our maps?

Need to update existing information? Please fax the details to (416) 789-9554

905 regionalmaps: Burlington, Brampton, Mississauga, Oakville, Further West, Further North

26

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12/18/12 1:42:12 PM

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26

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Price Range

Page

Finder

905-731-8302

•

from $272,000

37

10F

31 Pemberton Group

Sky City

905-709-5700

•

from $300,000

8-9

12F

32 Liberty Development Corp.

Royal Gardens

905-889-9997

•

from $229,000

37

14f

40 Nova Trimax

Allegra

905-850-6866

•

from $250,000

101

1F

44 Liberty Development Corp.

Centro Square Condos

905-851-8877

•

35

4G

46 Empire Communities

The Mark

themarkcondos.ca

•

from $200,000

53

21E

monarchgroup.net

•

from $250,000

16D

905-948-9900

•

from $180,000

18f

1

Monarch Corporation

Garden Court

3

Remington Group

Downtown Markham - Rouge Bijou

4

Tridel Corporation

Renaissance of Richmond Hill

416-736-9500

•

from $720,000

12G

5

State Building Group

Promenade Park

905-709-3352

•

from $410,000

10g

6

Uppercity Village

Greensborough Village

905-489-9964

7

MintoUrban Communities Inc.

WaterGarden

416-915-3800

•

9

Amicorp

•

•

Terraces on the Park

905-265-8739

10 Great Lands Corp.

The Beverly Hills Resort Residences

905-882-6636

11 Triaxis Development Inc/Marino Developments

Courtyards of Maple

416-798-7070

15 Emery Condominiums

The Essential

20 Solmar Development Corp

Bellaria Residences

22 Quadra Mgt. & Sceptre Devs.

22 Wycliffe Homes

from $249,000

23e

from $254,000

11G

from $210,000

3f

from $250,000

13F

•

from $390,000

8E

905-887-4888

•

from $250,000

20E

905-417-8482

•

from $240,000

7e

Renaissance Court at Woodbridge Gates

905-851-4220

•

from $230,000

3G

Fairground Lofts

905-605-5900

•

from $287,000

3G

26 Rice Development

Ambria

905-796-3630

•

from $340,000

3F

28 Chestnut Hill Homes

San Francisco by the Bay

905-831-3631

•

from $180,000

22C

31 Pemberton Group

Miracle at Yonge

905-709-5700

•

from $280,000

12F

32 Signature Communities

TAO Boutique Condos

905-597-2535

•

from $200,000

14F

34 Sierra Homes

68 Main Street

905-305-0822

•

from $250,000

22F

35 Remington Group

Nexus North Condominium Residences

905-948-9900

•

from $200,000

17F

41 Quadcam Development Group Inc

Vista Parc Condominiums

905-850-8883

•

3F

42 Greenpark Homes

The Upper Village

905-554-6501

•

from $288,000

21E

43 Guizzetti Developments

Grand Palace

905-907-4370

•

12E

45 Kylemore Communities

The 6th Angus Glen

905-887-9950

•

19E

*TH: Townhomes, C: Condo

100-Condo_Maps&List.indd 7

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

•

•

from $455,000

Attention Builders - Want to add your community to our maps?

Need to update existing information? Please fax the details to (416) 789-9554

12/18/12 1:42:22 PM

on sale now

2

residences from the mid $200’s Gaze into our crystal… The future is arriving faster than you think. With the inaugural groundbreaking for Crystal 1 and 2, it’s time to envision October 2014 when the many benefits and pleasures of living in the heart of Mississauga’s live-work-play Pinnacle Uptown community becomes all yours.

construction has started

PinnacleUptown.Com presentation centre located at 5044 hurontario street & eglinton, mississauga (905) 568.9000 monday – friday: 1-7pm weekends & holidays: 12-6pm

097-Pinnacle Uptown 08-25-12.indd 97

12/10/12 3:32:00 PM

QUICK TIPS

// BY HELLEN BUTTIGIEG

START THE NEW YEAR

by getting organized

I Hellen Buttigieg, CPO, is a Certified Professional Organizer, life coach, TV host and owner of We Organize U. Visit her website, WeOrganizeU.com, for a free e-Book on how to find more time, energy and inner peace.

Contact Hellen at 905.829.2219 or info@WeOrganizeU.com

t’s that time of year again – a fresh start and a new agenda to go along with it. I’ve been buying the same planner for years and I believe it’s the single most important part of my time-management success.

One year, I tried using a PDA instead, but I was missing deadlines, confusing appointments and feeling overwhelmed. After a three-month trial, I ditched the PDA and went back to my trusted paper planner. For a calendar system to work, you need to use it consistently. Choose one that suits your learning style and using it will come naturally.

Your natural way of taking in information greatly affects which scheduling method will work best for you. Rather than trying to change yourself to adapt to your calendar system, select one that fits your learning and organizing style.

If you are a hands-on learner (kinesthetic), choose a planner with a texture that is a pleasure for you to touch. What feels best in your hands: leather, faux crocodile or cloth? The physical act of writing down appointments and tasks will help you remember them. Place a sticky note on the front on your planner and list on it the things you must do that day and cross items off as you complete them. Use stickers to highlight important activities/events. If you don’t require the portability of a planner book, another option is a wall calendar or a whiteboard (with the days of the week across the top and the tasks written underneath). Hang it across the room and wipe off each task as it is completed. The key to getting a good fit is to make your calendar interactive for your hands-on preference. You may also choose to use an electronic calendar to keep track of your commitments, as this will keep your hands busy while giving you greater flexibility and freedom to change plans when you need to.

If you learn best by seeing (visual learner) paper agendas and large wall/ desk calendars work well for you. Choose a planner that is aesthetically pleasing to you. You will be drawn to fashionable colours, inspiring

Use sticky notes in various colours as reminders of important actions to take.

A calendar with space for notes and to-do lists will allow you to see all of your commitments in one place, which will help you remember to check them more often.

098 NEW CONDO GUIDE JANUARY 5 - 26, 2013

098-099 column Hellen - a new year-JD.indd 98

12/13/12 5:33:18 PM

Rather than trying to change yourself to adapt to your calendar system, select one that ďŹ ts your learning and organizing style. motivation quotes and beautiful pictures/artwork. Use bright coloured markers to highlight important events/activities on your calendar. Use sticky notes in various colours as reminders of important actions to take. A calendar with space for notes and to-do lists will allow you to see all of your commitments in one place, which will help you remember to check them more often. Alternatively, if you choose to use a computer calendar, you will likely want to print it out and use colour settings (i.e., to differentiate between work and family commitments). Most importantly for visual learners, keep your calendar in a place where you will get a clear view of it throughout the day.

If you learn best by hearing/speaking (auditory learner), it would be beneficial to have your to-do list and schedule both in one place and have it nearby at all times.

This will help you remember to stop for an errand while already in that area. If you want to manage your schedule electronically, be sure to set alarms as reminders of important events/deadlines. You may want to set your computer so it opens and reads your to-do list each time your start it up at the beginning of the day. If you prefer to use a paper planner, choose one that accommodates your handwriting style (i.e., if you have large handwriting or like to make lots of lists, youâ&#x20AC;&#x2122;ll want to use one that provides ample space for that). Systems that provide weekly/monthly views will be more helpful to you, allowing you to look ahead and plan for both the busy and quiet times ahead.

Keep in mind that we all use more than one learning style, but we have a preference for one in particular. If you donâ&#x20AC;&#x2122;t know your preferred learning style, there are many online questionnaires you can take to help you determine it, including the free quiz at organizingoutsidethebox.com

JANUARY 5 - 26, 2013 NEW CONDO GUIDE 099

098-099 column Hellen - a new year-JD.indd 99

12/13/12 5:33:20 PM

condo snapshot

pictured right

Saud Adi and Tariq Adi of Adi Development Group

Mod’rn draws in hundreds of

eager purchasers Mod’rn Condominiums by Adi Development Group launched

November 17, 2012 in Burlington to an overwhelming response. More than 90 per cent of the boutique condominium’s 78 suites were sold within the first 12 hours.

Hundreds of eager purchasers came to the launch event, enjoyed artisan treats from TAMP Coffee, and lined up to get in on Mod’rn, the first boutique midrise condo to arrive in Burlington.

“The response to Mod’rn has been remarkably strong,” says Krista Jackson, project manager for Baker Real Estate. “Adi understands what the market is looking for and they are bringing a quality product with contemporary styling to Burlington.”

Priced from the mid-$170s, a select number of suites are still available in the four-storey building, which offers open concept layouts with nineand 10-ft. ceilings and floor-to-ceiling windows.

Mod’rn seems to be drawing a broad demographic. “We are seeing lots of young, first-time buyers, as well as older couples who are looking to downsize, but want a fresh, contemporary look,” says Tariq Adi, CEO of Adi Development Group.

Mod’rn’s standard features and finishes include wide plank laminate flooring, premium stainless steel Energy Star appliances, designer cabinetry and granite countertops. All units are open to the outdoors with a balcony or ground floor walk-out patio.

The boutique condo also offers purchasers a rooftop urban retreat for lounging and socializing, with fireplace lounges, barbecues and outdoor dining areas. Indoor amenities include a contemporary lobby with a taupe stone feature wall and double-sided fireplace, concealing a stylish entertainment space for parties and private dining.

Located at 1284 Guelph Line, the Mod’rn Condominium presentation centre is open Tuesday-Friday 12-6 p.m and Saturdays and Sundays 12-5 p.m. Slated for occupancy in May 2014, Mod’rn purchasers will enjoy a move-in bonus of free Internet and cable television for six months. For more information, please visit adidevelopments.com or call 905.592.2144.

100 new Condo Guide january 5 - 26, 2013

100 condo snapshot-adi's mod'rn-JD.indd 100

12/13/12 5:33:28 PM

DARE TO COMPARE!

C STA ONS RT TRU ED C on TIO PH N AS E1

NEWLY RELEASED LOFTS Check out other condominiums in Woodbridge. You won’t find better quality or value than at Allegra, just steps from the Village!

With your choice of suite designs and now a new limited edition of lofts, Allegra has it all. That includes superb recreational facilities and a great location on Highway 7, just east of Martingrove, minutes from shopping, parks, golf courses and all the amenities!

JOIN THE HUNDREDS OF EXCITED PURCHASERS Superb Lofts from the

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TOUR OUR PRESENTATION CENTRE AND DESIGNER DECORATED MODEL SUITE

AllegraCondos.com • 905-850-6866 Prices and specifications are subject to change without notice. E.& O.E.

TRIM-ALL-A-AD-CONDOGDE-OCT12-7.indd 1 101-Trimax-Allegra 10-20-12.indd 101

january 5 - 26, 2013 new Condo Guide 101

12-10-15 1:51 PM 12/10/12 3:32:04 PM

homebuyers’ help

A language lesson for the homebuyer

Searching for a new home? There’s some lingo

to learn. These definitions are not technical or legal, but should help you better understand the home-buying process.

Amortization Period The n ­ umber of years you have to make mortgage payments. At the end of the amortization period, your ­mortgage is finished and the bank no longer has any claim to it.

Builder The company responsible for c­ onstruction of the condominium or home. The builder buys the serviced lots from the ­developer, and is responsible for ­digging the hole, pouring the foundation, ­construction and finishing the project. In most cases, the builder does not subdivide the land, bring in services or grade the land. The ­developer does this (also see Developer).

Some builders are also developers. closing date The date upon which title to the home is transferred from the builder to the buyer. On this day, the house is legally yours and you can move in.

Common Areas Those areas in a ­­­­condo­minium development that are ­enjoyed by all ­residents. They can include fitness facilities, meeting rooms, saunas, barbecue areas, etc.

Condominium Corporation The ­condominium corporation owns and operates the condominium and the lands. The corporation is comprised of all ownership within the complex. The corporation is responsible for orderly operations of the condominium, including arranging the ­maintenance and keeping money in reserve funds for future common area repairs. deposit The sum of money given to the builder to hold your unit and begin construction of your home.

Developer The company responsible for taking raw land, bringing in the services (sewers, water, etc.), building the roads and grading the land to efficiently drain surface ­water. The developer then sells these lots to the builder. Sometimes the same company takes on the role of developer and builder (also see Builder). down payment The total amount of money you put down on the home when you take ­ownership.

Draft Plan Approval The plan of the s­ ubdivision must have this approval in order for the builder to

legally sell lots. Draft plan approval means the municipality has approved the ­developer’s plan for the community subject to the developer fulfilling certain obligations set down by the municipality.

Freehold A form of land ownership which gives the purchaser exclusive title to the land purchased.

Exclusive ownership means ­exclusive responsibility for the maintenance and ­expenses of the property. interest The lending institution will quote you a percentage rate. Whatever rate you are given, you must pay this portion of your principal to the ­institution each year. These payments are what you give the ­institution in exchange for it lending you money. The amount is calculated into monthly ­payments and added to the amount of principal you must pay off each month.

The total is your monthly payment. pre-delivery inspection (pdi) This is an inspection of a new house or condo done by the purchaser in the company of the builder’s representative. It should be done three to five days before you take occupancy.

Everything that is not to your ­satisfaction should be noted on the builder’s PDI Report Form and on the Tarion Warranty Program ­certificate. principal That portion of your monthly payment which goes toward paying off your mortgage is your principal payment. registered subdivision A builder cannot get a building permit for construction of a house unless the plan of subdivision is registered. Once a plan is registered, you know that the design and standards presented by the developer have been approved by the municipality (also see Draft Plan Approval). specification sheet This is a sheet given out by new-home sales agents stating the standards the home will be built to, such as type of flooring to be used, the electrical systems, the type of heating systems, etc. subtrades The trades often hired out to other companies to assist them in completing their work (also see Trades). trades The builder often hires other companies to construct the home, install heating and plumbing and finish the home. These hired companies are the trades.

102 new Condo Guide january 5 - 26, 2013

102 hh-homebuying glossary-JD.indd 102

12/13/12 5:33:32 PM

THANK YOU FOR YOUR OVERWHELMING RESPONSE TO OUR PREVIEW REGISTRATION PROGRAM

PINNACLE GRAND PARK THE M

ID

's

$200 FR O M

ON SALE NOW Unveiling Pinnacle Grand Park 2, the encore presentation architecturally complimenting the inaugural tower and fortifying its place

N O W

S E L L I N G

within the Mississauga cityscape. This sleek 48-storey building showcases a variety of suite types of all styles and layouts.

FROM THE MID

$ 200's

Sales Centre & Model Suites: 3981 Grand Park Drive, Mississauga Phone: 905.276.3981

Register Now

pinnaclegrandpark.ca Rendering is artistâ&#x20AC;&#x2122;s concept only. Photos for mood and impression only.

See Sales Representative for details. E. & O.E. 2012.

103

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décor

How to create

a stylish & functional nursery

Moms seem instinctively to know the importance of creating a special nursery space where they can bond, interact and love every moment with their baby. In fact, a survey from PlaytexBaby found that an overwhelming majority of moms (87 per cent) agree that it’s essential to put time into making the nursery a great space for their little one.

Yet, often times creating a nursery can be daunting, as moms strive to ensure this space provides functionality, while also conveying a certain style. To help simplify the process, celebrity nursery designer and founder of Bratt Decor, Mary Bauer, provides expert tips to help moms get started.

“Moms are spending so much time in the nursery each day, so they want to create a room that is fun and stylish, but also one that’s functional – and you can have both,” says Bauer. “By following a few simple tips when creating a nursery, moms can ensure that their journey is easy and enjoyable, and that they end up with the ideal nursery space for themselves and her babies.”

104 new Condo Guide january 5 - 26, 2013

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12/13/12 5:33:36 PM

Bauer’s tips include:

Make the most of your room size If you have a small space, avoid using

small-scale furniture. Instead, use a few normal-sized pieces, and choose furniture that can do double duty – like a changer that’s a dresser, or an ottoman with a storage compartment. Using soft, cool tones will also make your room feel larger.

Create a convenient changing space Ensure that your changing table is well-stocked with baby wipes, diapers and an extra set of clothes right at your fingertips, so you never have a reason to leave your baby unattended.

Position your diaper pail right next to the changing table and choose a pail that makes the whole process as easy as possible. The Diaper Genie II Elite Pail offers a convenient foot pedal, allowing you to hold your child and dispose of a diaper at the same time.

Make it personal Adding personality doesn’t have to be super expensive – create your own personal touches in your nursery to make it meaningful to you. Include vintage photographs, your baby’s silver cup, framed family heirloom christening gowns, or anything else that means a lot. This gives heritage to a brand new space, and makes it all your own.

Secure your sleep haven Whatever your budget is, don’t scrimp on the crib – it’s the place where your baby spends the most time without you and

should be a safe and comfortable space. Check out the crib buying guide, safety reports and recalls through the Health Canada website (hc-sc.gc.ca) before making your purchase. Many models have been recalled in the last few years. It’s best to buy new, but if you’re being given a crib, make sure to check that it meets today’s safety standards and hasn’t been recalled.

Create a timeless feel No one wants to redo their rooms every year with the changing trends.

Keep furnishings – which are the big ticket items – timeless in design, and add trends with more affordable accent items like bedding and paint.

For more tips and information, visit PlaytexBaby.com. ARA

january 5 - 26, 2013 new Condo Guide 105

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12/13/12 5:33:43 PM

condo watch

new releases & grand openings 36 Hazelton

by Alterra

416

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@wall2wallmedia.com

Ivory

by Plaza

Newly released Pure Platinum Penthouse Collection on Adelaide, in the heart of old-town Toronto.

Web: PurePlaza.com

Life Condominiums

by Chestnut Hill Homes

Construction has started at this luxury boutique condo in the Yorkville neighbourhood.

Web: 36Hazelton.com

A stylish, 13-storey midrise at Yonge and Merton with 149 spacious suites. Now open.

Web: LifeCondos.ca

101 Erskine

by Tridel

The Madison

by Madison Homes

A quiet sensibility in the midst of Yonge and Eglinton. Grand opening.

Web: Tridel.com/101erskine

Grand opening of Top Floors at Yonge and Eglinton.

Web: MadisonCondos.ca

Avani at Metrogate

by Tridel

One Bloor

by Great Gulf

New suite release at Metrogate’s newest address at Kennedy and Hwy. 401.

Web: Tridel.com

New suite release at this coveted Yonge and Bloor condo, now under construction.

Web: OneBloor.com

The Bond

by Lifetime Developments

Picasso

by Monarch Corp. & The Goldman Group

New release – top five floors. Introducing The City Collection at Adelaide and John. Now open.

Web: TheBond.ca

E Condos

by RioCan, Bazis, Metropia

Condominium residences on the northeast corner of Yonge and Eglinton. Grand opening.

Web: ECondos.com

Exhibit

by Bazis, Metropia, Plaza

Limited edition penthouse collection at Bloor and Avenue Road.

Web: Bazis.ca

Fuse 2

by Neudorfer Corporation

Now releasing phase two of this master- planned community in Davenport Village.

Web: FuseCondos.com

Now open, an iconic building in the heart of the evolving Entertainment District.

Web: MonarchGroup.net

Rise

by Reserve Properties

Downtown living at a mid-town price.

Grand opening and new release.

Web: RiseCondos.com

River City 2

by Urban Capital

New release of penthouses with rooftop terraces and townhomes up to 1,877 sq. ft.

Web: RiverCityToronto.com

Vivid

by Pemberton Group

Grand opening continues at Pemberton’s Vivid Condominiums at Islington and Bloor.

Web: VividCondos.com

Gramercy Park

by Malibu

An urban oasis built around a private park in North York. Move in soon.

Web: GramercyPark.ca

Imperial Plaza

by Camrost Felcorp

New suite release at Yonge and St. Clair.

Book your private appointment today.

Web: ImperialPlazaToronto.ca

continued on page 114…

106 new Condo Guide january 5 - 26, 2013

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12/20/12 3:23:02 PM

GTA Edition Jan 5 - 26, 2013

Your complete source for condos, lofts and townhomes in Toronto

IN THIS SECTION Maps and listings for new condo communities in the 416 region Builder news and the latest in condos in the 416

107 CG Tor Sec-JD.indd 107

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torontoregionalmaps: Toronto, East York, York

P

108

* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.

# Builder 3 Concord Adex 6 Cresford Development Corp.

21 Easton’s Group 22 Monarch Corporation 22 Tridel Corporation 23 Tribute Communities 32 Madison Homes 59 Lindvest 85 Harhay Developments 85 Carttera 99 Great Gulf Homes 104 Aspen Ridge Homes 117 Bazis Inc. 117 Metropia 117 Plaza 120 The Daniels Corporation 126 Great Gulf Homes 126 Lifetime Developments 131 Lanterra Developments 137 Alterra Homes/Finer Space 140 Eden Shaw 140 45 Charles Ltd. 148 Graywood/Beaverhall Development 149 Camrost - Felcorp 150 Aspen Ridge Homes 153 Urban Capital 155 Lifetime Developments 171 Camrost - Felcorp 189 The Daniels Corporation 192 MintoUrban Communities Inc. 193 Burnac Corporation 200 Freed 200 Carttera 202 Bazis Inc. 202 Rio Can 202 Metropia 206 Mod Developments Inc. 216 Tridel Corporation

Mansouri Living 1 Goldman Group & Lash Dev. Corp.

1 Goldman Group & Lash Dev. Corp.

1 Goldman Group & Lash Dev. Corp.

3 Concord Adex 3 Concord Adex 3 Concord Adex 3 Concord Adex 3 Concord Adex 5 Onni Group of Companies 5 Onni Group of Companies 8 Cresford Development Corp.

8 Cresford Development Corp.

8 Cresford Development Corp.

8 Cresford Development Corp.

9 Aspen Ridge Homes 11 Menkes Developments Inc. 11 Menkes Developments Inc. 13 Streetcar Development 14 Canalfa Group 14 Canalfa Group 15 Urbancorp Development Corporation 17 Malibu Investments Inc. 18 Urban Capital 18 Urban Capital 19 Delpark Homes 20 Menkes Developments Inc. 29 Pinnacle International 29 Pinnacle International *TH: Townhomes, C: Condo

100-Condo_Maps&List.indd 1

Site Telephone TH* C* Price Range Page Finder Spectra 2 416-813-0999 • • 38-39 15N Merton Yonge Condominiums 416-484-1900 • from $500,000 IBC 14e King Blue Condominiums 416-599-1355 • from $250,000 77 12N Picasso on Richmond 416-495-3549 • from $280,000 Insert 14M Ten York 416-596-9888 • IFC 12F The College 416-363-4800 • from $300,000 73 M14 The Madison 416-482-8090 • from $390,000 79 14E B Streets 416-532-6636 from $300,000 123 13J One Eleven Condominiums & Lofts 647-347-4111 • 91 13M One Eleven Condominiums & Lofts oneeleven.ca • 91 13M One Bloor Residences 416-922-0081 • from $535,000 17 15I Seventy Seven Charles Yorkville 416-203-7034 • from $2100,000 30 14J Exhibit Definitive Residences 416-967-7778 • from $800,000 29 14i Exhibit Definitive Residences 416-967-7778 • from $800,000 29 14i Exhibit Definitive Residences 416-967-7778 • from $800,000 29 14i One Park Place Condominiums 416-955-0559 • from $200,000 47 18J X2 416-927-0080 • from $303,000 26 16J X2 416-927-0080 • from $290,000 26 16J Riverhouse at the Old Mill 416-766-7343 • from $520,000 41 5L Post House Condominium 416-964-2777 • from $350,000 63 16L Chaz 416-922-0045 • from $320,000 43 16J Chaz 416-922-0045 • from $320,000 43 16J The Mercer 416-597-6940 • from $250,000 125 15M Imperial Plaza 416-925-2501 • 3 15I Studio on Richmond 647-352-7736 • from $300,000 30-31 15M Tableau Condominiums 416-591-8887 • • from $450,000 61 15L The Bond Condominiums 416-546-7525 • • from $300,000 Insert 15G Yorkville Plaza 416-966-3003 • • 1 14H Cinema Tower Condominiums 416-203-2020 • from $450,000 14 14M 30 Roe 416-915-3812 • from $350,000 67 14D South Hill on Madison Condominiums southhillonmadison.com • from $200,000 57 13I SIXTY Colborne 416-601-0060 • from $300,000 81 16L SIXTY Colborne 416-598-7775 • from $300,000 81 16L E Condos econdos.ca • from $300,000 5 14E E Condos econdos.ca • from $300,000 5 14E E Condos econdos.ca • from $300,000 5 14E Massey Tower 416-966-0197 • • from $300,000 83 16L 101 Erskine 416--480-0700 • • from $250,000 BC 14E The Perry 416-926-7555 • from $390,000 530 St. Clair Ave. West 530condos.com • from $344,000 12H 500 St. Clair Ave. West 416-868-0500 • from $260,000 12H the rushton rushtonliving.com • from $344,000 12H ParadeTWO Tower Residences 416-813-0999 • from $287,000 15M Grand Parade 2 at Concord CityPlace 416-813-0999 • 15M ParadeTWO Park Collection at Concord CityPlace 416-813-0999 • from $308,000 15M Quartz 416-813-0999 • • 15M Lumen 416-813-0999 • • 15N Garrison at the Yards 416-260-2600 • from $190,000 14n West Lake 416-260-2600 • from $240,000 14N NXT 2 416-977-5300 • • from $300,000 8N NXT2/Phase Two 416-977-5300 • • from $210,000 8N Corporate 416-977-5300 • • from $300,000 8N NXT 416-977-5300 • • from $300,000 8N VU 416-970-9500 • • from $370,000 16L Pears on the Avenue 416-323-0100 • from $381,000 14I 365 Church menkes.com • 14I Trinity Lofts 416-690-2988 • from $330,000 19l Liberty on the Park Condominiums 416-537-0047 • from $363,000 12N Liberty Place 416-537-0047 • • from $170,000 12N Westside Lofts 416-516-5848 • from $180,000 12m LTD 416-601-2223 • from $310,000 14M River City 416-862-0505 • • from $250,000 18L River City 2 416-862-0505 • • from $250,000 18L Broadview Villas 416-429-7888 • from $490,000 19g Fabrik 416-591-7700 • from $250,000 14M Success Tower at Pinnacle Centre 416-360-0673 • from $750,000 17m 33 Bay Residences at Pinnacle Centre 416-925-3325 • 17m

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

Attention Builders - Want to add your community to our maps?

Need to update existing information? Please fax the details to (416) 789-9554

12/18/12 1:42:06 PM

# 30 37 41 46 52 52 52 54 55 55 57 58 62 64 64 66 66 66 70 70 73 73 74 78 81 81 83 83 88 94 100 101 101 102 103 103 106 106 109 109 110 114 115 115 118 120 120 122 124 128 129 130 131 132 132 133 134 135 135 136 139 141 142 143 144 144 145 145 151 151 151 152 152 153 153 153 153 154 155 156 157 160 162 163 165 170 173 173 175 179 179 182 182 184 184 185 186 187 188 188 190 191 195 195 197 198 198 207 208 210 215 217 218

B

Tower Cresford Conser Conser Cresford Cresford Cresford Times M M Lanterra G Pemberton Lamb Conte EEmsatec N M State Freed Freed C Empire Lamb Lamb Tridel Tridel Fernbrook DH Treas Lamb H Pla M Lifetime Conte Conte The The G Pla Empire Empire Pemberton The The The Pinnacle Lifetime Concert Triangle Tridel Trib Trib Trib Trib G M C Paralla BS Andrin M H Lamb Longo Lamb City Fernbrook Fernbrook Lamb N M Lamb N Alit Tre Lifetime Aragon C Eniro Pianosi Pl Sorbara Streetcar M M Sorbara G M Lifetime Centre Reser Reser Pemberton Streetcar Tofni G G Cresford Tri Lifetime Centre Streetcar G M Reser BS C Du Torbel Sonterlan

*TH: To C: Con

15N 14e 12N 14M 12F M14 14E 13J 13M 13M 15I 14J 14i 14i 14i 18J 16J 16J 5L 16L 16J 16J 15M 15I 15M 15L 15G 14H 14M 14D 13I 16L 16L 14E 14E 14E 16L 14E 12H 12H 12H 15M 15M 15M 15M 15N 14n 14N 8N 8N 8N 8N 16L 14I 14I 19l 12N 12N 12m 14M 18L 18L 19g 14M 17m 17m

9-9554

Builder

Site

Tower Hill Development Corporation Cresford Development Corp.

Conservatory Group Conservatory Group Cresford Development Corp.

Cresford Development Corp.

Cresford Development Corp.

Times Developments Inc. MintoUrban Communities Inc. MintoUrban Communities Inc. Lanterra Developments Great Gulf Homes Pemberton Group Lamb Development Corp.

Context Development Inc. E-Park Development Emsatec Canada Inc Neudorfer Corporation Madison Homes State Building Group Freed Freed Carlyle Communities Empire Communities Lamb Development Corp.

Lamb Development Corp.

Tridel Corporation Tridel Corporation Fernbrook Homes/Cityzen Dev. DHD Developments Treasure Hill Homes Lamb Development Corp.

Harhay Developments Plaza Menkes Developments Inc. Lifetime Developments Context Development Inc. Context Development Inc. The Brownstone Group of Companies The Brownstone Group of Companies Great Gulf Homes Plaza Empire Communities Empire Communities Pemberton Group The Daniels Corporation The Daniels Corporation The Daniels Corporation Pinnacle International Lifetime Developments Concert Properties Triangle West Development Tridel Corporation Tribute Urban Living Tribute Communities Tribute Communities Tribute Communities Graywood Developments Mod Developments Inc. Canderel/Stoneridge Parallax Investment Corporation BSaR Ltd Andrin Homes Matthew Kinsella Custom Homes Inc. Hyde Park Homes Lamb Development Corp.

Longo Corporation Lamb Development Corp.

Cityzen Fernbrook Homes Fernbrook Homes Lamb Development Corp.

Niche Development Malibu Investments Inc. Lamb Development Corp.

Niche Development Alit Developments Tre Memovia Developments Lifetime Developments Aragon Properties Castlepoint/Cityzen/Fernbrook Enirox Group Pianosi Developments Plus Development Group Sorbara Group Streetcar Development Mizrahi | Khalili Developments Mizrahi | Khalili Developments Sorbara Group Graywood Developments Mod Developments Inc. Lifetime Developments Centre Court Development Reserve Properties Reserve Properties Pemberton Group Streetcar Development Tofni Developments Greenpark Homes Greenpark Homes Cresford Development Corp.

Tri-Win Developments Inc Lifetime Developments Centre Court Development Streetcar Development Great Gulf Homes Menkes Developments Inc. Reserve Properties BSaR Ltd Castlepoint/Numa Dundee Kilmer Developments Torbel Group Sonterlan

*TH: Townhomes, C: Condo

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

100-Condo_Maps&List.indd 2

Telephone

TH* C*

Price Range

Page

Churchill Park Condominiums 416-966-9080 • from $900,000 Lofts 399 416-867-3999 • from $390,000 Infinity Condominiums 416-214-1988 • from $250,000 Milan 416-928-7409 • from $520,000 CASA 416-977-1100 • from $710,000 The Bloor St. Neighbourhood 416-977-1100 • from $600,000 CASA 2 416-977-1100 • from $250,000 The 500 Condos + Lofts 416-960-0606 • from $400,000 King West 416-367-5464 • from $210,000 775 King West 416-367-5464 • from $330,000 3018 Yonge In Lawrence Park 3018yonge.com • from $390,000 Monde mondegreatgulf.com • from $300,000 The Uptown Residences 416-987-3500 • from $950,000 The Brant Park 416-703-7271 • from $250,000 King West - The Lanes contextkingwest.ca • from $250,000 Foundry Lofts 416-531-7760 from $399,000 Brownstones on the Park 416-531-7760 • from $320,000 Brownstones 416-531-7760 • from $300,000 The Upper Canada Condominium 416-489-5194 • from $1800,000 The Upper Canada Condominiums 416-489-5194 • from $1.8,000 455 Adelaide West - Fashion District Lofts 416-603-6166 • • from $280,000 Fashion House 416-366-0560 • from $250,000 Beach Hill Residences 416-422-0880 • • from $200,000 Schoolhouse 416-979-1333 • from $595,000 Worklofts 416-368-5262 • from $243,000 Flatiron Lofts 416-368-5262 from $243,000 300 Front Street West 416-217-0300 • from $324,000 Reve 416-514-2710 • from $334,000 Pier 27 Waterlink 416-367-3456 • from $300,000 Condos at The Distillery 416-361-1322 • from $400,000 Block liveatblock.com • The King East 416-368-5262 • from $300,000 East Condos & Lofts 416-368-5262 • from $310,000 King West kingwestlife.com • from $346,000 Four Seasons Private Residences Toronto 416-775-7500 • from $1900,000 Four Seasons Private Residences Toronto 416-775-7500 • from $1900,000 Market Wharf 416-861-8181 • from $260,000 Library District Condominiums 416-861-8181 • from $222,000 Brownstones in Davenport Village 416-531-7760 from $245,000 Brownstones on the Park 416-531-7760 • from $260,000 Charlie 416-927-9772 • from $251,000 Ivory On Adelaide 416-862-0888 • from $279,000 Fly Condos 416-979-1333 from $310,000 Condo Living Store 416-979-1333 • U Condominiums 416-546-6605 • from $250,000 One Park West 416-955-0559 • from $406,000 Paintbox Condominiums paintboxcondos.ca • Festival Tower 416-203-2020 • from $350,000 The Pinnacle on Adelaide 416-596-1600 • Bisha Hotel & Residences 416-637-2211 • from $300,000 88 Scott 416-216-8588 • Art Condos 416-535-7775 • from $230,000 Two Old Mill 416-645-7022 • from $356,000 1717 Avenue Road 416-430-1717 from $1550,000 1717 Avenue Road 416-430-1717 • from $1295,000 RCM I on University 416-363-4800 • from $393,000 Queen & Portland 416-363-4800 • from $315,000 5 St. Joseph 416-928-0555 • • from $250,000 5 St. Joseph 416-928-0555 • • from $250,000 DNA 3 416-929-1030 • from $220,000 Downtown 416-598-5088 • from $210,000 12 Degrees 416-408-1200 • from $350,000 The Berwick 416-922-9425 from $280,000 The Grove 416-824-3390 • from $840,000 Riverside Towns 416-214-2000 • from $400,000 Riverside Towns 416-214-2000 • from $400,000 KEW Beach Living 416-690-0101 • • from $350,000 KEW Beach Living 416-690-0101 • • from $350,000 Backstage on the Esplanade 416-777-2533 Backstage on the Esplanade 416-777-2533 Vero verocondos.ca from $250,000 Theatre Park 416-422-0333 • from $380,000 Theatre Park 416-422-0333 • from $490,000 Tableau Condominiums 416-591-8887 • • from $350,000 King Charlotte 416-422-0333 • from $466,000 King Charlotte 416-422-0333 • from $312,000 Tableau Condominiums tableaucondos.com • • from $350,000 Carmelina 416-423-8500 • from $250,000 Yorkville Condominiums 416-987-3222 • • from $550,000 Showcase showcaseliving.ca • from $210,000 L Tower 416-777-2533 • from $410,000 707 Lofts 707Lofts.com • • from $255,000 Perspective Condos 416-242-3500 from $300,000 King + Condos 416-366-5464 • from $304,000 thirtytwo Camden 416-860-0060 • from $240,000 8 Gladstone 416-690-9009 • from $250,000 133 Hazelton Residence 416-487-9863 • Model Suite of the Month 416-487-9863 • 210 Simcoe 210simcoe.com • Five Condos 416-928-0555 • • from $250,000 Five Condos 416-928-0555 • • from $250,000 Karma 416-551-2744 • from $180,000 Karma 416-551-2744 • Rise 416-546-7399 • from $290,000 Model Suite of the Month • Neon 416-987-7878 • from $210,000 The Carlaw 416-690-8588 • from $200,000 Nero 416-792-6418 • from $300,000 Allure Condominiums allurecondos.ca • from $350,000 Allure Condominiums allurecondos.ca • from $350,000 1000 Bay 416-485-3000 • FAD Condos 416-815-1818 • from $250,000 INDX 416-987-4639 • INDX 416-987-4639 • The Carnaby 416-690-9009 • from $250,000 TUX greatgulf.com/register • from $250,000 Noir menkes.com • 109OZ 416-531-4844 • from $280,000 The Hill 416-408-1200 • from $260,000 The Sterling thesterling1919.com • • from $200,000 Canary District Condominiums 416-603-7576 • from $200,000 Wallace Walk wallacewalktowns.com • from $210,000 The St Clements 416--778-7070 • •

Finder 13H 14L 16m 15I 15L 15L 15L 17I 14M 14M 14B 17M 16J 14M 14M 9I 9I 9I 14G 14G 14L 14L 23J 13i 20J 20J 15M 15M 17N 18L 12K 18L 18L 13N 15I 15I 17M 17M 9j 9J 14M 17L 14M 14m 15K 18J 18J M14 15M 16m 17M 12N 5L 13D 13D 14M 15I 16J 16J 12N 15N 15L 14D 11O 19K 19K 24J 24J 17M 17M 17M 16M 16M 15L 15L 15L 15L 23J 15G 19K 17L 12K 4H 16L 14L M12 14I 14I 15M 15J 15J 15K 15K 12H 12H 14D 19K 13L 14F 14F 15J 14M 16M 16M 12M 15M 15M 12M 11E 9L 18L 9L 21K

Attention Builders - Want to add your community to our maps?

Need to update existing information? Please fax the details to (416) 789-9554

torontoregionalmaps: Toronto, East York, York

# 30 37 41 46 52 52 52 54 55 55 57 58 62 64 64 66 66 66 70 70 73 73 74 78 81 81 83 83 88 94 100 101 101 102 103 103 106 106 109 109 110 114 115 115 118 120 120 122 124 128 129 130 131 132 132 133 134 135 135 136 139 141 142 143 144 144 145 145 151 151 151 152 152 153 153 153 153 154 155 156 157 160 162 163 165 170 173 173 175 179 179 182 182 184 184 185 186 187 188 188 190 191 195 195 197 198 198 207 208 210 215 217 218

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14

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h * Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.

torontoregionalmaps: North York

#

110

Telephone

TH* C*

95 Aspen Ridge Homes

Builder

Site Scenic on Eglinton

416-805-1781

•

99 The Brown Group of Companies

Willow Park at Bayview

416-221-6767

Price Range

Page

Finder

from $190,000

31

23G

•

from $466,000

87

21 A18

121 Liberty Development Corp.

World on Yonge

905-771-7010

•

from $290,000

36

122 Lanterra Developments

Treviso II

416-787-8882

•

from $200,000

27

12F

123 Brandy Lane Homes

The Station

416-398-9777

•

from $450,000

69

12D

2

Torbel Group

The Avanti Condominiums

416-636-0400

from $375,000

17C

4

Tridel Corporation

Hullmark Centre

416-733-2883

•

from $524,000

18D

4

Tridel Corporation

Avonshire Parkside

416-730-0300

•

from $579,000

18D

4

Tridel Corporation

Aristo at Avonshire

416-730-0300

•

18D

4

Tridel Corporation

Aristo2 at Avonshire

416-730-0300

•

from $299,000

18D

6

Concord Adex

Tango at Concord Park Place

416-813-2999

•

•

from $236,000

22C

6

Concord Adex

Discovery at Concord Park Place

416-813-2999

•

22C

6

Concord Adex

Discovery II at Concord Park Place

416-813-2999

•

6

Concord Adex

Tango2 at Concord Park Place

8

Conservatory Group

9

Conservatory Group

•

•

from $210,000

22C

416-813-2999

•

from $265,000

22C

Pearl Condominiums

416-512-1818

•

from $200,000

17C

Platinum Towers

416-512-1818

•

from $340,000

18C

DivaCondo.com

11C

14 Torbel Group

Diva

21 Tridel Corporation

Argento

416-663-1818

•

22e

28 Tridel Corporation

Alto at Atria

416-645-8866

•

from $288,000

25D

33 Castle Royale Development

The Palm Condominium Residences

416-306-1000

•

from $400,000

17B

34 Malibu Investments Inc.

Gramercy Park Condominium Residences

416-703-2202

•

from $600,000

13E

37 Norstar Group of Companies

Portrait Condominiums

416-282-9600

•

from $300,000

13C

40 Menkes Developments Inc.

Gibson Square

416-730-9722

•

from $363,000

17C

43 Monarch Corporation

Ultra at Heron’s Hill

416-495-3548

•

from $200,000

25D

43 Monarch Corporation

Yorkland at Heron’s Hill

416-495-3548

•

from $300,000

25D

50 MintoUrban Communities Inc.

88

416-915-3805

•

from $235,000

18c

50 Devron Developments

Flo Condominiums

647-799-0356

•

from $250,000

18c

86 Canderel/Stoneridge

Aura At College Park

416-962-8688

•

from $500,000

16K

94 DHD Developments

Gooderham

416-361-1322

•

from $410,000

18l

96 ELAD Canada

Emerald City Condominiums

416-492-0001

•

from $250,000

24C

96 ELAD Canada

Dreamtower At Emerald City

416-492-0001

•

from $290,000

24C

101 Kantium Development

Posh Condominiums

905-771-0134

•

from $544,000

16A

122 Lanterra Developments

Treviso Condominiums

416-787-8882

•

from $200,000

12F

125 Fram Building Group

LIV Lofts

416-445-5638

from $250,000

22F

128 The Daniels Corporation

NY Place

416-221-3939

•

from $250,000

19C

130 Tribute Communities

Canterbury

647-352-2130

•

•

from $700,000

19F

132 Fram Building Group/Cadillac Fairview

Flaire Condos

416-445-8868

•

from $320,000

22F

*TH: Townhomes, C: Condo

100-Condo_Maps&List.indd 3

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

•

Attention Builders - Want to add your community to our maps?

Need to update existing information? Please fax the details to (416) 789-9554

12/18/12 1:42:08 PM

# 3 7 7 18 25 28 34 50 53 58 2 4 6 8 10 11 11 13 24 26 29 33 35 37 38 39 42 42 44 45 45 45 46 46 46 51 55 56 60 61 61 62 65 70 71

Bu Graywood Great M M Da Liberty Bea Pemberton Empire Qu Henderson M Conser Pemberton Lash Camrost Camrost Green M Georgian M Empire Tridel Ame City M Tridel Tridel Tridel Edilcan Edilcan Edilcan Remington Remington Remington Alterra Tridel Phantom Yo VH VH Royale M First Lash

*TH: To C: Con

1

2

3

4

5

6

8

20

21 22

Humberline Dr

ve nA

22C 17C 18C 11C 22e 25D 17B 13E 13C 17C 25D 25D 18c 18c 16K 18l 24C 24C 16A 12F 22F 19C 19F 22F

9-9554

Etobicoke

409

Rathburn Rd

8

44

Scarborough

Bloor St W Dundas St W

35

50 14 51 34

Queensway

11 53 3 56 39 4 33 37 6

65

Lakeshore Blvd W

Site Telephone TH* C* Price Range Page Finder Ocean Club 416-255-4663 • from $250,000 115 25G One Sherway Condominiums 416-695-3535 • from $273,000 22-23 16G One Sherway Condominiums 416-695-3535 • from $273,000 22-23 16G Lago 416-495-3544 • from $346,000 Insert 24c Eleven Superior 416-259-8882 • from $200,000 135 24H Terrace on Danforth 416-987-7575 • 37 2F Evolution 416-747-9691 • from $250,000 127 22G Vivid 416-239-8200 • from $350,000 11 23F Eau Du Soleil empirecommunities.com/eaudusoleil • from $220,000 6 26H Watermark 416-354-2221 • from $300,000 119 23H Centro 416-296-1898 • from $185,000 6D Nautilus at Waterview 416-495-3544 • from $400,000 25H Altitude 416-321-1659 • from $230,000 25H Palais at Port Royal Place 416-239-8200 • from $260,000 23F Cloud 9 Condominiums cloud9condos.ca • from $250,000 22B ilofts at Mystic Pointe 416-251-8888 • from $310,000 25G California Condos 416-251-8888 • from $242,000 25g Princeton Manor 905-849-1818 from $210,000 6G Summerside mattamyhomes.com • • from $159,000 3F King’s Way at Swansea Village 416-766-4683 • from $188,000 24G Encore 416-495-3543 • from $200,000 5D Beyond The Sea Star Tower Condominiums 416-979-1333 • • from $400,000 24H Parc Nuvo at Essex 416-231-0999 • from $398,000 22g South Beach 416-252-3000 from $209,000 25H Harmony Village Sheppard 416-493-0123 from $170,000 2C Waterscapes 416-495-3544 • from $390,000 26H Ventus at Metro Gate 416-293-5535 • from $251,000 4c Metrogate Townhomes 416-293-5535 • • from $427,000 4C West Village 416-620-1887 • from $260,000 21F One Valhalla 416-233-5554 • from $239,000 21F Thunderbird 416-233-5554 • from $240,000 21F Triumph At One Valhalla 416-233-5554 • from $230,000 21F IQ IQcondos.com • from $190,000 22G The Masters mastercondos.com • from $200,000 22G Park Towers at IQ 416-253-5838 • from $200,000 22G Westwood Condominiums westwoodAlterra.com • from $300,000 23F Avani At Metrogate 416-293-5535 • from $248,000 4C Jade Condominiums 416-762-8818 • from $250,000 24G Nature’s Path 416-745-6686 • • from $270,000 11E 2150 Condos 416-750-2150 • from $189,000 3E Haven On The Bluffs 416-2621-9555 • from $160,000 3E Lexington 416-638-8444 • from $240,000 21C South Shore mintosouthshore.com • from $300,000 22H Qube Condos 647-351-7823 • from $200,000 24G Me 647-693-7563 • from $150,000 8D

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

100-Condo_Maps&List.indd 4

70

Gardiner Expressway Evans Ave

Horner Ave

*TH: Townhomes, C: Condo

19

45

Park Lawn

22C

40

Dixon Rd

d

22C

vd

ett R Scarl

22C

Bl

Royal York Rd

18D 18D

Islington Ave

18D

Kipling Ave

17C 18D

e

Westway

d

12F 12D

al

27

2A

ll R Mi

A18

10

46

Builder Graywood/Beaverhall Development Great Gulf Homes Menkes Developments Inc. Monarch Corporation Davies Smith Liberty Development Corp.

Beaverbrook Homes Pemberton Group Empire Communities Queenscorp Residences Henderson Development Limited Monarch Corporation Conservatory Group Pemberton Group Lash Group of Companies Camrost - Felcorp Camrost - Felcorp Green Hill Homes Mattamy Homes Georgian Monarch Corporation Empire Communities Tridel Corporation Amexon Development Corporation City Core Monarch Corporation Tridel Corporation Tridel Corporation Tridel Corporation Edilcan Development Corp.

Edilcan Development Corp.

Edilcan Development Corp.

Remington Group/Brown Group Remington Group Remington Group Alterra Homes/Finer Space Tridel Corporation Phantom Developments Your Home Developments VHL Developments Ltd. VHL Developments Ltd. Royale Grand Woodbine Developments MintoUrban Communities Inc. First Avenue Properties Lash Group of Companies

26

1

401

* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.

# 3 7 7 18 25 28 34 50 53 58 2 4 6 8 10 11 11 13 24 26 29 33 35 37 38 39 42 42 44 45 45 45 46 46 46 51 55 56 60 61 61 62 65 70 71

25

d

62

QEW

21

24

nR

Martin Grove Rd

60

23

Finch Ave W

Re

h

23G

bio

23

7

Finder

Al

Ranforth Dr

Av e

19

xd

Centennial

Da nf or th

18

East Ave Port Union Rd

28

17

Beare Rd

RD

Manse Rd

Ki

16

Passmore Ave

lva

Sy

15

427 Morrish Rd

n

to

gs

n Ki

Galloway Rd

St. Clair Ave

Orton Park Rd

Bellamy Rd

McCowan Rd

Markham Rd

Lawrence Ave E

Scarborough Golf Rd

Dr rton

o

* Due to scale restrictions, locators are d approximate. Please see builder’s ads n R for 1 locations. sto exact ng

Victoria Park

g

71 Brim

Eglinton Ave E

f

29

Progress Ave

14

Sheppard Ave E Conlins Rd

2

Brimley Rd

Warden Ave

Pharmacy Rd

e

61

Birchmount Rd

d

Kennedy Rd

Ellesmere Rd

401 Midland Ave

42 55 401 31

Milner Ave

13

Meadowvale Rd

3

Sheppard Ave E

Ave

Morningside Ave

evin

McL

12 Reesor Rd

Huntingwood Dr

c

11 Sewells Rd

Finch Ave E

b

10

Neilson Rd

McNicoll Ave

9

Tapscott Rd

McCowan Rd

A

7

Attention Builders - Want to add your community to our maps?

Need to update existing information? Please fax the details to (416) 789-9554

torontoregionalmaps: Scarborough, Etobicoke

111

12/18/12 1:42:10 PM

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

eE

Va lle yP ar kw ay n Do

e e Av dbin Woo

Rog

Ave well

d ers R

e

r Av nne O'Co v A e urn Cosb

Cox

Vau gha nR d

d ue R Aven

d ina R Spad

Eg

We sto nR d

W Ave

St erin Duff

n linto

Jane

24

25

26

1

A

B G era

r

E d St

C

St

C

23 ir Av

A

B

22 St Cla

Park oria Vict

2

d Dr Lair

1

11

E

St

y Ave

3

D

20

21

St Keele

1

F

Jarvis

ersit

E

ore esh Lak W d v l B

y Valle Don ay Parkw

Univ

ne

ve ina A Spad

s dow

in erin Duff

Land

D

12 18ay 9 8 22 essw r 5 p 1 x E 14 7 r e 1 7 Gardin shore Lake W d lv B

16

QEW 2

6

F

G

G

Toronto Waterfront

H

H

* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.

waterfrontmaps: TORONTO

I

112

#

Builder

Site

Telephone

TH* C*

Price Range

Page

8

CONCORD ADEX

Spectra

416-813-0999

•

•

1

PEMBERTON GROUP

Park Lake Residences

416-769-4343

•

•

from $250,000

3F

2

MONARCH CORPORATION

Nautilus at Waterview -

416-495-3544

•

from $400,000

5f

3

CRESFORD DEVELOPMENT CORP.

NXT2/Phase Two

416-977-5300

•

•

from $210,000

4E

3

CRESFORD DEVELOPMENT CORP.

NXT at Windermere By The Lake

416-977-5300

•

6

PLAZACORP/BERKLEY COMMUNITY

West Harbour City

7

LIFETIME HOMES

8

38&39

Finder 14F

•

from $300,000

11F

westharbourcity.com

•

from $327,000

13E

Waterparkcity – Neptune

416-203-3700

•

13f

CONCORD ADEX

Grand Parade 2 at Concord CityPlace

416-813-0999

•

14F

8

CONCORD ADEX

Lumen

416-813-0999

•

•

14F

8

CONCORD ADEX

Quartz

416-813-0999

•

•

14F

8

CONCORD ADEX

ParadeTWO Tower Residences

416-813-0999

•

from $287,000

14F

8

CONCORD ADEX

Grand Parade at Concord CityPlace

416-813-0999

•

from 293,000

14F

8

CONCORD ADEX

Panorama at Concord CityPlace

416-813-0999

•

from $389,000

14F

8

CONCORD ADEX

Panorama Elite Suites at Concord CityPlace

416-813-0999

•

from $1,135,000

14F

8

CONCORD ADEX

ParadeTWO Park Collection at Concord CityPlace

416-813-0999

•

from $308,000

14F

8

CONCORD ADEX

Luna Vista at Concord CityPlace

416-813-0999

•

from $2,213,000

14F

9

CONSERVATORY GROUP

Infinity Condominiums

416-214-1988

•

from $250,000

14F

11

URBAN CPITAL

River City 2

416-862-0505

•

from $250,000

16E

14

CANALFA GROUP

Liberty Central by the Lake

416-537-0047

•

from $200,000

10F

14

CANALFA GROUP

Liberty on the Park Condominiums

416-537-0047

•

from $363,000

10F

15

MALIBU INVESTMENTS INC.

LTD

416-601-2223

•

from $200,000

12F

16

CAMROST FELDCORP

California Condominiums

sunsetcondos.ca

•

from $280,000

24C

18

FERNBROOK HOMES/CITYZEN DEV.

Pier 27 Residences On The Lake

416-367-3456

•

from $300,000

11F

21

GREAT GULF

Monde

mondegreatgulf.com

•

from $300,000

15E

*TH: Townhomes, C: Condo

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

112-113-Waterfront Maps & List.indd 102

•

Attention Builders - Want to add your community to our maps?

Need to update existing information? Please fax the details to 416-789-9554

12/18/12 1:42:28 PM

J

K #

Bu

15

GR

18

M

20 DA

25 QU

28 EM

5

UN

8

CH

10

PE

11

M

13

GR

14

PH

*TH: To C: Con

Co

Bu

Price Range

og

Scug

Phillip Murr

Manvers

Page

Scugog

416-255-4663 48

•

from $250,000

115

monarchgroup.net

•

from $280,000

insert

Rd ge id

W

Br

Rd

e or sh

ke

ly Bay

E

ya

Ro

W Rd e

or sh ke

La

Do Co na r ld nwa E ll R Rd d Rd

e

or

20 DAVIES SMITH

Eleven Superior

416-259-8882

•

Whitby from $200,000 Oshawa

25 QUEENSCORP RESIDENCES

Watermark

416-354-2221

•

28 EMPIRE COMMUNITIES

Eau Du Soleil

empirecommunities.com/eaudusoleil

5

UNITED LANDS

Stonebrook Condominiums

905-822-8858

8

CHESTNUT HILL DEVELOPMENT

San Francisco By The Bay

905-831-3631

10

PEMBERTON GROUP

Bluwater Condominiums

11

MONARCH CORP.

13

14

Finder 25C

Newcastle 24C

135

23C

from $320,000

119

19D

•

from $210,000

6&7

25B

•

from $270,000

9E

•

from $180,000

23J

416-987-8800

•

from $350,000

5J

Waterscapes

416-495-3544

•

from $390,000

25C

GREEN HILL HOMES

Princeton Manor

905-849-1818

•

from $210,000

6G

PHANTOM DEVELOPMENTS

Jade Waterfront Condos

416-251-0707

•

from $250,000

24G

401

14F 14F 14F 14F 14F 14F 16E

•

10F 10F 12F 24C 11F 15E

554

*TH: Townhomes, C: Condo

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

112-113-Waterfront Maps & List.indd 103

Attention Builders - Want to add your community to our maps?

Need to update existing information? Please fax the details to 416-789-9554

waterfrontmaps: GTA

14F

113

12/18/12 1:42:35 PM

Ritson Rd S tS eS

TH* C*

Lake

Bloor

co

Park Rd S

Bloor St

Olive Ave

Sim

La

St

n

ee

Qu

ds Q or ue Dr en

in lW

Sh Sp eri ea da km n P an ark Tr us Dr D r co tt Dr

ac M Rd

rs

sh

ke

ee

La

Rd M id dl e

Sp

W St as

Eg

al W Rd bu rn

th

Ra

Th eC ol leg ew ay

E

Rd Bu rn ha m th or pe

W Rd nd

Du

W

Rd

Ce re m on i

Br ita nn ia

W

Rd ry De r

pe or

Up pe r

Park Rd S

Centre St.

Stevenson Rd

Whitby 7 Waterfront

Thornton Rd

Wentworth St

Gibb St

Lindsay

Uxbridge

Central Park

Adelaide Ave

King St W Bond St W

Kendalwood R

8

401

arrard Rd Garrard

Schomberg

Hopkins St

King

Telephone

Blair St

Cannington

48

arden St Blair SSt Garden

a

Bradford and OceanTecumseth Club Tottenham

Brock St S Henry St Gordon St

Georgina Island 33 cay Bob Ajax-Whitby

Shoal Point Rd

ew

riv

eD

Lak

400

n geo

Bayly St E

Georgina Keswick

Cochrane St

Sim

Westney Rd S

e 401

co

Pickering Beach Rd

Harwood Ave

Finley Ave

ke

La

Dundas St E

Rossland Rd

g Rd ing annin Mann M

n of Tow Town Whitby

Bv Bv

Oro

McQuay

Church St S

Kingston Rd

Mary St N

th

Dryden Bv Anderson St

m

Beatrice

Brock St N

ha

tN eS co Sim

Stevenson Rd

Garden St

Baldwin St S

Taunton Rd W

Rossland Rd

Townline ownline Rd

Mara

11

Ritson Rd N

Conlin Rd

Country Lane

Town of Ajax udley Rd Audley

rn

25

Town Oshaw

Thornton Rd

15 20 18

1

Lakeshore Blvd W

Church St E

Thickson Rd

Coronation R

Salem Rd

Bu

8 Concession

Baldwin St N

Royal York Rd

Park Lawn Cedarbrook T

Cochrane

St

W

W sA ve le ee St

Dr

n ee Qu

Stevenson Rd

Duffs Rd

26

Garrard Rd

lin rn R a to M ha th n at Av he m bu th rn e so or R d n Du pe Bl E vd Th nd Rd e as W Qu St ee E ns w ay

an ni a

u

W St

Br it

y7

Hw

Garrard Rd

12

Rd

Ashburn Rd

25

Taunton Rd WWaterfront Etobicoke

East Gwillimbury Further North Waterfront

9

24

Village of 16 28 Evans Ave Gardiner Expressway Brooklin 12 1411

Horner Ave Rossland/Winchester R

Lakeridge Rd

Fifth Conces 12 11 9

Magill Dr

9

Country Lane

9

Alliston,

Adjala Lago

23

Queensway

Halls Rd N

QEW

Audley Rd

Salem Rd

Ravenscroft

93

Barrie

22

* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.

Delaney Dr

7

21

Lake Ridge R

d ll R

7

69

400

20

Dundas St W

Westney Rd N

Church St N

14F

Mono

MONARCH CORP.

14F

Squires Beach Rd

Shelburne

10

18

Riverside Dr Notion Rd

GRAYWOOD DEVELOPMENTS

19

Brawley Rd Bloor St W

Mississauga Taunton Rd E Waterfront Orillia

400

Beeton, Site

89

Rd

16 Sideline

15

13f 14F

0

Builder

Essa

18

Columbus Rd

Bracebridge

Montgomery F

Tosorontio Everett

K #

Brock Rd

D

Hwy 5

11F

Brock Rd

nt

Sandy Beach

J

90

Angus

5f

13E

Brock Rd sR Oak jor Ma Valley Farm

Rd

14F

Whites Rd

u1g0 em ou

ak

rlo

Bu

Ro

Granite Court Waterfront Lisle

17

6 Concession

Vespra 401 Liverpool Rd

24 ingsto K

I

4E

27

Sunnidale Oakville

d nR

ra

27

Wasaga Beach

Sheppard Ave

th

69

Glenanna Rd

Appleview Rd

Sprduce Hill R

ne

Stroud's

7 Concession

w

Greenwood Rd

Rd

ate Highview Rd

11

Rossland Rd

Liverpool Rd

6

Li

Rd

Finder

13

16

4 Sideline R

n io at St

St

ng ill Finch hAve G

15

QEW

Tay

nR Devo

14

8 Concession

400

4

a

Midlandd

Fairport Rd

tti

5

4ord Concession Dr Ford

Dixie Rd

Altona Rd

m

Hine

Rd

Rd

25

No

Ind

EW

Oakville Kerr

13

Dr

W QECa

Brock Rd

e

d Rd RRosebank

ne Li

ne Li

Gon te Rd Thornbury

7 Rd

Q 3 Concession

Georgian Bay

Br

ian

3 40

Rd ne Whites Rd Li

ne Li

6

4

F

Rd

5 Concession

9

8

4 Concession Tr af al ga rR d

Rd is av

l da in

Altona Rd

E

Tr e

W ol fe da le

City of Mississauga Mississaug erinag Pick

Co Rid lon ge ial D WhitevalewRd ay r Dr

D

Ce nt ra lP kw y H E ur on ta rio St

16 Sideline

M Dr 7issConncession iss au ga Rd

Er

C

ek

te

4 Sideline

B

re

e

6 Sideline

illc

Fi

11ldga 12

10

d 12 Sidelineie R Paddock Rd ix D

M

9

Ranforth Dr

M

M

y Rd vd w North Rd Bl h Rd w Nort Pk ie ill s itv ch ill ur ed M 32 Sideline n Cr Ch 32 Sideline i n Er y to kw ns r sP D Wi ill d M oo Rd in w en ne Li Ed 10

A

a

3

0 8 4

Myrtle Rd W Rathburn Rd

Mi

Er

4

lv

7n B

so

e th

20 Sideline Rd

01

6

n

5

ke m To

4

24 Sideline

3

9 Concession

4 Sideline R

Rd y ed nn St 28 Sideline Ke rio ta on ur 30 Sideline H

2

t arlet

hy

1

3F

1

40

9 Concession

dE

16 Sideline Brock Rd Cen tral St

10 e S y Av

rc

0

41

condo watch

continued…

previews & registrations The Britt

by Lanterra Developments

Condos with European flair coming soon to Bay and Wellesley. Register now.

Web: SunsetCondos.ca

California Condos

by Camrost Felcorp

Register now for the Sunset Collection at California Condos in south Etobicoke.

Web: SunsetCondos.ca

The Carnaby

by Streetcar

Inspired by London; coming soon to trendy Queen West. Register now.

Web: CarnabyLofts.com

Cinema Tower

by Daniels

416

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@wall2wallmedia.com

World-class condo in the heart of the Entertainment District. Register now.

Web: CinemaTowerCondos.com

Context King West

by Context

Coming soon to King West – community and design for everyone. Register now.

Web: ContextKingWest.ca

Dragon Condos

by Ideal Developments

Register now to enjoy “legendary living” at Dundas and Spadina.

Web: DragonCondos.com

Eau Du Soleil

by Empire Communities

Surfacing soon: one of Canada’s tallest and most iconic waterfront condos. Register online.

Web: EauDuSoleilCondos.com

The Epicurean

by Monarch Corp.

A stylish new condo for local foodies in Bloor West Village. Register now.

Web: MonarchGroup.net

Fabrik

by Menkes

Register now for this fashionable new condo, steps from Toronto’s trendy Fashion District.

Web: Menkes.com

FAD Condominiums

by Tri-Win

Fashion District Condominiums, coming soon to this trend-setting hot spot.

Web: FadCondo.ca

Imperial Plaza

by Camrost Felcorp

Sixteen-foot loft living at Yonge and St. Clair.

Register today.

Web: 16FootLofts.ca/cg

Indx Condos

by Lifetime & CentreCourt Developments

Coming soon to Bay and Adelaide. Register now to stay informed.

Web: IndxCondos.com

Jade Waterfront Condos

by Phantom Developments

Opening soon on the Etobicoke waterfront. Register now to stay informed.

Web: JadeWaterfrontCondos.com

Noir Condos

by Menkes

Coming soon to the heart of Toronto, at Peter and King. Register now.

Web: Menkes.com

One Park Place

by Daniels Corp.

Coming this spring, the “one” place to be in downtown east. Register now to stay informed.

Web: DanielsOneParkPlace.com

Sixty Colborne

by Freed Developments

A block from everything at King Street East and Church Street. Register now.

Web: SixtyColborne.com

South Hill on Madison

by Burnac

Coming soon to the coveted Casa Loma neighbourhood. Register now.

Web: SouthHillOnMadison.com

Tao

by SigNature Communities

Boutique condos on Bayview in Richmond Hill.

Coming soon.

Web: TaoCondos.ca

Ten York

by Tridel

Rising above it all at York and Harbour.

Register now for your private oasis.

Web: TenYork-condos.ca

Tux

by Great Gulf

Rising 40 storeys at King and Blue Jays Way. Take the next step – register now.

Web: GreatGulf.com/register

The Upper Canada Condominium

by State Building Group

Coming soon, affordable luxury at Avenue Road and Lonsdale. Register now.

Web: UpperCanadaCondo.com

Vivid

by Pemberton Group

Affordable luxury living at Bloor and Islington.

Register now.

Web: VividCondos.com

Yorkville Plaza

by Camrost Felcorp

Grand opening at this iconic address.

Offering the best things in life right outside your door.

Web: YorkvillePlaza.com

114 new Condo Guide january 5 - 26, 2013

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OUR ONE-PRICE-PLAN IS A TREASURE! 505, 515 AND 530 SQ. FT. TREASURE BEACH PLANS IN BOUTIQUE BUILDING

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*See Sales Representative for more details. Exclusive Listing: Baker Real Estate Incorporated, Brokerage.

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

january 5 - 26, 2013 new Condo Guide 115

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CONDO PROFILE

Shorter commute, great value draw first-time buyer to

OCEAN CLUB

f

or a while now, Brittany Court has been casually browsing new condominiums, with the intention of buying her first home. When she checked out Ocean Club, she found out firsthand why this is Etobicoke’s fastest selling condominium. In fact, the many attributes of Ocean Club impressed her so much that she purchased a one-bedroom suite. “I live in Oakville now, and I work at Renforth and Eglinton. Ocean Club will mean a shorter commute for me,” says the project coordinator at a construction

PURCHASERS OF ALL AGES APPRECIATE THE LUXURIOUS STANDARDS HERE

management company. “I can just take Highway 427 north.”

Graywood Developments Ltd. and Beaverhall Homes are well under construction with the condominium, which is in its final release. Part of the dynamic Humber Bay Shores redevelopment, Ocean Club is located between Mimico Creek and the Humber River Valley, handy to major highways and modern amenities. Brittany was also amazed at how reasonable the pricing is at Ocean Club, where Florida-style living awaits. “There are a lot of condos going up in this evolving area, and this one offers amazing value, considering the fact that it’s so close to downtown Toronto.

Plus, the time frame is good for me. I have plenty of time to save more money and plan things like furniture items and décor.”

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engineered quartz counters; an extended breakfast bar on island (as per plan); porcelain, ceramic or glass tile backsplash; and built-in appliances. Standards also include nine-foot ceilings (as per plan); wide-plank engineered hardwood flooring; floor-to-ceiling Low-E windows; and a balcony or terrace (as per plan).

As for amenities, Brittany plans to use the fitness facilities a lot, and she is happy that there will be a waterside bistro and patio on the ground floor of the condominium. “I do love a patio,” she says. “And I love that there will be a landscaped terrace on the eighth floor of the tower. It will be great to hang out with friends in that space. I also plan to use the party room She selected a 600-sq.-ft., for get-togethers.” Ocean Club will also be home to a one-bedroom design with a stunning three-storey glass-walled lobby, TV lounge 110-sq.-ft. balcony in Ocean Club’s and dining room with outdoor terraces, billiards room, 10-storey boutique building that and two pet-grooming rooms. complements the 39-storey glass Brittany also praises the developers for the service tower. “My balcony will have a that has made her first home purchase so pleasant. partial view of the lake, and I’m “The sales representative really listened to me. He was really excited about that.” Brittany helpful, not pushy at all,” she says. “My family pointed is also pleased with the standard out that an opportunity like this doesn’t come around features and finishes, which add often. I know this is a great investment in my future. to the value she feels she received.

It’s a very good place to buy your first home.”

“Everything is going to be so well Ranging in size from 395 to 1,230 sq. ft., the finished, and I love the fact that available suites begin in price from just the mid-$200s. the countertops and other Ocean Club is being created by two legends in the appointments will be brand new. new-home building industry. Graywood is the developer and builder of The Ritz Carlton Hotel and It’ll be beautiful from the moment Condominium Residences in Toronto. Beaverhall I move in.”

Purchasers of all ages appreciate Homes’ portfolio includes Shipp Place in Mississauga, the luxurious standards here, to the Europa condominiums in the city and luxury lowrise communities across the GTA. point that most buyers don’t feel the need to upgrade. Tomas Pearce custom designed the kitchens with Act now, while there is still a fantastic selection of designs available. Sales are by private appointment; extended-height uppers and call 416.255.4661 or visit oceanclubcondos.ca. valance lighting; granite or

OCEAN CLUB IS LOCATED BETWEEN MIMICO CREEK AND THE HUMBER RIVER VALLEY, HANDY TO MAJOR HIGHWAYS AND MODERN AMENITIES

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MAKE YOUR MOVE

The 15-point

Dan Hopkins is Chief Operating Officer, Two Men and a Truck Canada. twomenandatruck.ca

W

hether you are moving during the winter season, or maybe a little further down the road, I recommend the following 15-point checklist to help you complete your move in a stress free way:

{01} Double-check all closets, drawers and shelves, in addition to the attic and garage to ensure they are empty. {02} Carry important documents, money and jewelry with you. {03} Pack toys, games or special items for the kids to keep them busy during the move. {04} Remember to pack a box of basics that you may need on move-in day (tools, paper products, all-purpose household cleaners, etc.).

Be sure to have it loaded last so that it will be first off at your new home. {05} Donâ&#x20AC;&#x2122;t pack paint, bottles of bleach, gas cans or other

// BY DAN HOPKINS

MOVING DAY CHECKLIST inflammables. It is against federal law for movers to transport flammable and combustible materials. {06} Use strong boxes and containers that can be secured tightly.

Purchase special boxes for dishes, wardrobes and other special items. {07} Pack audio-video equipment in their original boxes. Label cables and tighten transit screws. Before removing cables, take pictures of the back of the unit so you can hook everything back up the same way. If removing screws, tape them to the objects they are removed from. {08} Avoid loading more than 50 pounds into one box. {09} Label each box and indicate the following: which room it should go in; whether it is fragile; and if it should be loaded last so it will be unloaded first. {10} Cushion contents with packing materials such as bubble wrap, newspaper or tissue. Save room by using towels and blankets to wrap fragile items. {11} Pack books tightly on end in small boxes. If they are musty smelling, sprinkle talcum powder between the pages and wrap the books before packing. Leave them stored for a couple of months to eliminate the smell. {12} Have rugs and draperies cleaned before moving and leave them in wrappings for the move. {13} Pack medicines in a plastic re-sealable zipper storage bag or leakproof container. {14} Check the weather forecast for your move day. If itâ&#x20AC;&#x2122;s going to be hot, be sure to have a cooler with lots of bottled water and sports drinks on ice. {15} Call your moving company the day before your move to get a contact number for the crew in case you need to contact them en route. Give your mover your cell phone number and be sure to fully charge your cell phone the night before your moving day.

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119

12/11/12 4:28:21 PM

DESIGNER TOUCH

// BY ERICA GELMAN

TREND FORECAST FOR 2013

A

new year is upon us and, as the saying goes, “the only constant in life is change.” Nowhere is that statement truer than in the world of design.

Every year we are exposed to new and exciting design trends and movements in the industry. Often, the word ‘trend’ can be associated with a negative connotation, suggesting a style that will inevitably pass just as fast as the current season. However, I believe that if properly executed, a ‘trend’ can become a classic staple rather than a temporary essential.

Colour Toronto-based designer Erica Gelman, Principal of Erica Gelman House Of Design. Specializes in both large and small scale residential design projects throughout Toronto and the GTA. Known for enhancing and creating new possibilities in every space of your home.

House of Design www.ericagelman.com

Colour is usually the first trend everyone is curious about. What’s the big colour to hit the design world? In my opinion, there have been a few. First is yellow – a creamy bright hue that will dominate with its vibrancy. Yellow can be combined easily with neutrals to create the perfect colour palette. Pair it with white and grey for a modern look, or accent it with navy for a fresh design approach. Yes, you read that correctly, navy as a neutral. This is a design trend which deserves some serious note taking. Forget brown and beige, blue is the new chief in town. It’s much more subtle than black although the intensity of navy has the same dramatic effect. There is such a large spectrum of blue hues, from royal to electric and midnight to cobalt, you’re guaranteed to be drawn to at least one.

Yellow can be combined easily with neutrals to create the perfect colour palette. Pair it with white and grey for a modern look, or accent it with navy for a fresh design approach.

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Feeling Lately, a huge movement we’ve been seeing in interior design has nothing to do with colour, pattern or even style but rather a mood trend. Our clients have been requesting a comfortable environment where they feel at ease in lieu of the typical designer showhome. We’ve been hearing more and more that our clients are looking for fabrics they can use, instead of just look at. It’s an attempt to have their homes decorated to look as if they’ve decorated them themselves. This is actually one of my favourite trends because it allows the homeowner to create a personal reflection in their most sacred environment.

This trend is all about using understated pieces to form a collection of new and old, reclaimed and store-bought.

Finishes Another area we are seeing the trend of “mixing and non-matching” is with metals. Do you love brushed nickel? Are you intrigued by bronze? Does stainless steel still excite you? Well, you don’t have to choose one. While this may be music to a designer’s ears, it can also be a pretty scary statement for the amateur decorator. It’s how you incorporate the metals and the harmony among your choices that will result in the perfect metal combination. For instance, if you are working on a kitchen design, you can use a faucet that stands out while keeping your cabinet hardware consistent throughout the kitchen.

Man Cave First and for most, the man cave is not a new concept however, it is evolving and becoming much more mainstream. We are seeing more men who like to get involved in everything from the fabric selections, furniture pieces, artwork – even down to the rugs. This puts into perspective that the man cave is no longer a dark and gloomy space either in the garage or the basement. These “caves” were typically poorly lit, dressed with rundown furniture and kept bare floored yet featured the large TV screen as their focal point. Rather, these trendy spaces are just as tailored and customized as the main floor living room, although the large TV screen is still the dominant feature.

If you are working on a kitchen design, you can use a faucet that stands out while keeping your cabinet hardware consistent throughout the kitchen Trends don’t have to all be used, especially not together. You should incorporate what works for you and your lifestyle. They are a gateway to start getting excited about change and making better style decisions.

These current styles emerge from the notion of people enjoying their homes and creating living spaces that suit them personally. Let’s make 2013 the best design year yet!

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GTA’S EXCITING FREE MONTHLY HOME DESIGN MAGAZINE Featuring the newest products and hottest design trends for your home, inside and out.

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Pantone’s pick

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NEW YEAR

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Scott McGillivray

Renovating for RENTAL INCOME HD_Cover_Jan 2013.indd 1

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JANUARY ISSUE ON STANDS NOW!

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s n i w he s t t t e a e r r t a s B. e Ye h t f As! o B t H c e O j o 2 Pr 201

This must be what it feels like to win big at the Academy Awards! On September 24th, B.streets was recognized with five awards at the 2012 OHBAs in Collingwood, the Oscars of the real estate world.

Our big wins included Best Ad Campaign, Best Logo, Best Brochure, Best Sales Office, and Project of the Year! We proudly share this honour with all of our supporters. There is still a great selection of incredible suites available. Book your private appointment today and make B.streets your home base.

NOW UNDER CONSTRUCTION. From the low $300’s.

By appointment at 385 Madison Avenue

MACPHERSON AVE.

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Condos at Bloor & Bathurst

PRESENTATION CENTRE

MADISON AVE.

B streets

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BATHURST. ST.

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B streets Condos at Bloor & Bathurst

EXCLUSIVE BROKER: MILBORNE REAL ESTATE INC. PRICES & SPECIFICATIONS SUBJECT TO CHANGE WITHOUT NOTICE. E.&O.E. CREATIVE: LA-ADS.COM

january 5 - 26, 2013 new Condo Guide 123

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your money

Don’t be afraid

to ask for help with personal finances before seeking the advice and guidance of a trained expert. When our cars make an odd noise, we take them to the mechanic.

When we’re not feeling well, we make an appointment to see our family doctor. And while the ultimate role of managing your finances rests on your shoulders, seeking the advice of a professional financial planner can help you make the most of your investments.

Many Canadians don’t think twice

BMO Bank of Montreal offers the following tips when searching for a qualified financial planner: Meet face-to-face

Seeking the advice of a professional financial planner can help you make the most of your investments

Meeting with a financial planner face-to-face gives you the opportunity to gauge whether his or her personality is a good fit with yours. Be sure to learn about their years of experience and their area of expertise.

If you’re not sure where to start your search for a potential financial planner, visit your local bank branch. They have financial planners available to help you at no cost.

Play 20 questions

Your first meeting with a financial planner should be filled with questions. They should be getting to know you, your financial situation and your financial goals just as much as you are getting to know them. re-evaluate your plan

Once you have selected a financial planner, be sure to regularly reassess your relationship and your financial plan. As your life and financial situation changes, so too should your plan and investing strategy.

Getting solid and tailored financial advice shouldn’t be expensive. At BMO Bank of Montreal, working with a qualified and professional financial planner is free of charge. NC

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NOW UNDER CONSTRUCTION DOWNTOWN’S ROARING SUCCESS ADELAIDE ST. W.

WELLINGTON ST. W. WINDSOR ST.

NEW PRESENTATION CENTRE: 24 MERCER ST. MON-THURS: 12–6PM FRI: CLOSED SAT–SUN: 12-5PM

CLARENCE SQUARE

MERCER ST.

UNIVERSITY AVE.

416.597.6940

NEW JOHN ST.

THEMERCERCONDOS.CA

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VISIT THE NEW PRESENTATION CENTRE TODAY!

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Excitement is building at THE MERCER, with construction under way on downtown’s most successful condominium. A great selection of Suites from studios to 3-bedrooms still available.

PEARL ST.

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EXCLUSIVE BROKER MILBORNE REAL ESTATE INC. BROKERS PROTECTED. *PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. ILLUSTRATIONS ARE ARTIST CONCEPT. E.&O.E.

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Scrumpdillyicious

Leslie Styles, foodie and travel aficionado, shares some delicious dishes found on her travels around the world

Penne with Italian Sausage, Peppers AND Basil ingredients

Serves 6-8

› 2 lb Penne rigate or ziti › 2 lb hot Italian sausage › 3 tbsp olive oil › 3 sweet red bell peppers, cleaned and thinly sliced › 1 cup finely chopped yellow onions › 1 cup red wine › 1 cup of water › 4 cups homemade or good quality tomato sauce

› 6 garlic cloves, peeled and finely chopped › 1 tsp fennel seeds, crushed › 1 tbsp dried oregano › 1/2 tsp red chiles, crushed salt and pepper › 1 cup fresh basil leaves › 1 cup freshly grated Pecorino or Ricotta › thyme sprigs or lemon zest for garnish, optional

Directions Pierce the sausages all over with the tines of a fork and place in a large pot with 1/2-inch of water and simmer over medium heat, for about 20 minutes. Eventually the water will run dry and the sausages will begin to fry in their own fat. Turn them occasionally and cook for another 10 minutes, or until they’re well browned. Remove them from the pot and drain on paper towel.

Pour the fat out of the pot, then set over low heat. Add the olive oil and onions and cook, covered, for 25 minutes. Add the peppers and raise the heat to medium, and cook uncovered for five more minutes, stirring often.

a robust variation of the classic Italian Penne all’arrabbiata, a spicy Roman sauce of garlic, tomatoes, basil and red chiles cooked in olive oil. Penne Arrabbiata literally translates as “angry pasta” due to the abundance of chile peppers, but I also like to add chopped onions, hot Italian sausages, peppers and crushed fennel seeds which makes the sauce even angrier. Traditionally, penne rigate is used for this dish, which are small, ridged tubes of pasta cut diagonally at the ends, but ziti works just as well. Quick and easy to make, this full flavoured Penne Arrabbiata with Italian Sausage, Peppers and Basil is delicious with a traditional grating of pecorino, but is also quite fabulous with fresh ricotta and a little lemon zest.

this hearty pasta sauce is

Add the wine, tomato sauce, water, oregano and season with salt, pepper and red chiles to taste. Bring to a boil, reduce the heat and simmer, partially covered for 30 minutes. Meanwhile, slice the sausages into 1/2-inch thick rounds. Once the sauce has simmered 30 minutes, add the sausages and fennel seeds and simmer, uncovered for another 20 minutes.

While the sauce is cooking, bring water to boil in a large pot.

Add salt and add the penne rigate or ziti, and cook until tender but firm. Drain and set aside.

Add the basil and chopped garlic to the sauce and simmer another five minutes. Serve immediately over the hot pasta and garnish with fresh grated pecorino or ricotta, and garnish with sprigs of thyme.

Leslie Styles is president of Styles Design Inc., a Toronto-based branding and communications agency, and author of Scrumpdillyicious, a food & travel blog dedicated to all things delicious. She can be reached at stylesdesign.net and scrumpdillyicious.blogspot.com

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etobicoke's best

condo value Limited Time

BONUS PACKAGE * Buy now and receive:

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*Cash Back offer and 1YR Free maintenance will be payable at time of final Closing. Prices and specifications are subject to change or may be cancelled at any time without notice.

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BEAV-EVO-A-AD-CONDOGUIDE-OCT23-2NEW.indd 1 127-Beaverbrook-Evolution 11-03-12.indd 127

127

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homeTRADER and The homeTRADER & Design are trade-marks of Apax Partners LLP, used under license.

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homebuyersâ&#x20AC;&#x2122; help

condo buyersâ&#x20AC;&#x2122;

resource section

You love the condo, see what you can afford!

Compare mortgage rates for your best deal Calculate your mortgage payments using the mortgage payment calculation chart

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homebuyers’ help

Calculate your mortgage payments interest rate

amortization period

chart figure

mortgage amount ÷ 1,000

monthly payment

example: 5%

25 years

5.82

125 (mortgage amount $125,000)

$

Follow these steps to see if you’ll qualify for a mortgage on your dream condo 01 Calculate the combined monthly before-tax income of you and your spouse.

02 Divide by three. This figure is the monthly payment you can afford to make on your condo.

03 Take the total price of the condo and subtract the amount of money you expect to make as a down payment.

This is the money you will have to borrow.

04 Refer to the chart on the opposite page. Look down the left column and locate the interest rate you expect to pay. Line this up with the amortization period of your choice. (Most first-time buyers take the 25-year amortization.)

05 Multiply this figure by the amount you need to borrow.

Divide by 1,000.

06 Add to this your estimated monthly heating costs and monthly property taxes.

07 If this figure is equal to or less than one-third of your gross monthly income (calculated in Step 2), you’ll qualify for a mortgage on your dream condo.

Bear in mind that this is a rough estimate.

If you have several other large loans already, you may qualify for less. Also, banks and trust companies vary in their policies. The best way to know what you can afford is to go to the lending institution of your choice and get pre-qualified.

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Mortgage payment calculation chart amortization periods

% Interest Rates

10 years

15 years

20 years

25 years

3.00%

9.65

6.90

5.54

4.73

3.25%

9.76

7.02

5.66

4.86

3.50%

9.88

7.14

5.79

4.99

3.75%

9.99

7.26

5.91

5.13

4.00%

10.11

7.38

6.04

5.26

4.25%

10.23

7.50

6.17

5.40

4.50%

10.34

7.63

6.30

5.53

4.75%

10.46

7.75

6.44

5.67

5.00%

10.58

7.88

6.57

5.82

5.25%

10.70

8.01

6.74

5.96

5.50%

10.82

8.14

6.85

6.10

5.75%

10.94

8.27

6.98

6.25

6.00%

11.07

8.40

7.12

6.40

6.25%

11.19

8.53

7.26

6.55

6.50%

11.31

8.66

7.41

6.70

6.75%

11.43

8.80

7.55

6.85

7.00%

11.56

8.93

7.69

7.00

7.25%

11.68

9.07

7.84

7.16

7.50%

11.81

9.21

7.99

7.32

7.75%

11.94

9.34

8.14

7.47

8.00%

12.06

9.48

8.28

7.63

8.25%

12.19

9.62

8.44

7.79

8.50%

12.32

9.76

8.59

7.95

8.75%

12.45

9.90

8.74

8.12

9.00%

12.58

10.05

8.86

8.28

9.25%

12.71

10.19

9.05

8.45

9.50%

12.84

10.33

9.20

8.62

9.75%

12.97

10.48

9.36

8.78

10.00%

13.10

10.63

9.52

8.95

10.25%

13.24

10.77

9.68

9.12

10.50%

13.37

10.92

9.84

9.29

10.75%

13.50

11.06

10.00

9.46

11.00%

13.64

11.22

10.16

9.63

11.25%

13.77

11.36

10.32

9.80

11.50%

13.91

11.52

10.49

9.97

11.75%

14.04

11.66

10.65

10.15

12.00%

14.18

11.82

10.81

10.32

12.25%

14.32

11.97

10.98

10.49

12.50%

14.46

12.13

11.15

10.67

12.75%

14.59

12.28

11.31

10.85

This table shows the monthly payment of principal and interest for each $1,000 of mortgage. Example: The monthly principal and interest payment for a $125,000 mortgage with a 25-year amortization period at 5% is as follows: ($125,000 รท 1,000) X 5.82 = $727.50 january 5 - 26, 2013 new Condo Guide 131

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homebuyers’ help

Compare mortgage rates for your best deal CHARTERED BANKS

Variable

6 Months

1 Year

2 years

3 years

4 years

5 years

ATB Financial 3

4 6.30op

3.1 6.30op

3.14 3.7 4.39 6.50op

3.69

Alterna Svgs/Alterna Bk 3

4 6.30op

3.05 3.09 3.09 3.29 6.30op

3.24

Bank of Montreal 3.1

4 6.30op

3.1 3.14 3.7 4.64 6.30op

3.09

Bank of Nova Scotia 3

4.55 6.45op

3.65 3.89 2.79 4.39 6.50op

3.99

Canadian Western Bank

4 6.45op

3.1 3.14 3.7 4.64 6.30op

5.24

CIBC 3.2

6.70op

3 3.14 3.5 4.39 6.35op

5.24

HSBC Bank Canada 3

2.7 3.95 2.98 4.99 6.35op

3.49

3.05

3.15

3.65

3.64

3.69

3.44

3

3.25

3.25

3.25

3.25

3.09

3.09 3.14 3.7 3.64 6.30op

3.79

3 3.1 3.15 3.15 4.00op

2.95

MonCana Bank

2.94

3.04

3.09

National Bank n/a

3.1 3.14 3.7 4.64 6.30op

3.99

ICICI Bank Canada ING Direct

Laurentian Bank n/a

4.45 6.20op

4.4 6.70op

Manulife Bank 3 4.45

President’s Choice Finan

4 6.70op

3.2

Royal Bank 3.2

4 6.30op

TD Canada Trust 3.2

2.94

3.2

2.99

3.35

3.44

3.1 3.14 2.99 4.64 6.30op

3.24

5.24

3 6.30op

3.14

3.7

3.49

5.24

3.19

TRUST COMPANIES AGF Trust

n/a

2.99

3.1

3.5

3.64

Community Trust

n/a

4.45

3.1

3.35

3.95

4.64

Effort Trust n/a

4.45 6.30op

3.45 3.8 4 4.6 6.30op

5.1

Home Trust Company

3.2

3.1

3.19

5.24

3.95

2.99

3.25

3.09

Investors Group Trust n/a

4 6.50op

3.1 3.14 3.7 4.64 6.30op

5.24

MTCC 3

4.55 6.45op

3.65 6.50op

3.89

2.79

4.39

3.99

Airline Financial C.U. 4

2.99 6.25op

3.25

3.29

3.09

3.49

Comtech Credit Union 2.79

6.6 8.40op

2.99 3.25 3.29 3.19 9.00op

3.29

First National Fin. LP

3.95

2.74

3.09

OTHER FINANCIAL INSTITUTIONS

2.69

2.89

3.15

FirstOntario C.U. 2.79

6.34op

3.09 3.19 3.24 3.29 6.34op

3.24

London Life n/a

3.1 3.14 3.7 4.64 6.30op

5.24

MCAP 2.9

3.6 3.95 4.35 4.89 6.30op

5.24

Meridian Credit Union 2.85 4.45

3.1 3.14 3.7 3.4 6.30op

3.28

Parama Credit Union

2.9

3.1

3.15

3.15

3.25

3.5

Steinbach Credit Union

2.5

2.5

2.6

2.8

2.9

3.1

3.19 6.50op

3.35

3.65

3.39

3.49

Teachers Credit Union 4

4 6.50op

4.45 6.30op

Notes **Interest rate charged subject to adjustment during term mortgage. Please consult institution for term of years available. All rates are prime rates and subject to change without notice.

R.O.R. RATES ON REQUEST op OPEN ----- NOT QUOTING N/A NOT AVAILABLE Dec. 3, 2012. Prepared By Fiscal Agents Financial Information Services 905.844.7700

january 5 - 26, 2013 new Condo Guide 133

129-133 HomebuyersResource-JD.indd 133

12/13/12 5:38:11 PM

index of advertisers 45 Charles Ltd. - Chaz

43

Lifetime Developments - Corporate

Insert

Alterra Homes/Finer Space - Post House Condominium

63

Lifetime Developments - The Bond Condominiums

Insert

Aspen Ridge Homes - Scenic on Eglinton

31

Aspen Ridge Homes - Seventy Seven Charles Yorkville

30

Aspen Ridge Homes - Studio on Richmond Bazis Inc. - E Condos Bazis Inc. - Exhibit Definitive Residences Beaverbrook Homes - Evolution

Lifetime Developments - X2 Lindvest - B Streets

26 123

30-31 5 29 127

Luxury Condo & Hotel Residences - Promo

42

Madison Homes - The Madison

79

Malibu Investments Inc. - Model Suite of the Month

60

Brandy Lane Homes - The Station

69

Menkes Developments Inc. - Corporate

Insert

Burnac Corporation - South Hill on Madison Condominiums

57

Menkes Developments Inc. - One Sherway Condominiums

22-23

Camrost - Felcorp - Imperial Plaza

3

Camrost - Felcorp - Yorkville Plaza

1

Carttera - One Eleven Condominiums & Lofts

91

Carttera - SIXTY Colborne

81

Concord Adex - Spectra 2

38-39

Metropia - E Condos

5

Metropia - Exhibit Definitive Residences

29

MintoUrban Communities Inc. - 30 Roe

67

Mod Developments Inc. - Massey Tower

83

Cresford Development Corp. - Lofts 399

136

Monarch Corporation - Corporate

Insert

Cresford Development Corp. - Merton Yonge Condominiums

IBC

Monarch Corporation - Lago

Insert

Davies Smith - Eleven Superior

135

Monarch Corporation - Picasso on Richmond

Insert

Eastonâ&#x20AC;&#x2122;s Group - King Blue Condominiums

77

Eden Shaw - Chaz

43

Empire Communities - Eau Du Soleil

25

Empire Communities - The Mark

53

Freed - SIXTY Colborne

132 81

Graywood/Beaverhall Development - Ocean Club

115

Graywood/Beaverhall Development - The Mercer

125

Great Gulf Homes - One Bloor Residences Great Gulf Homes - One Sherway Condominiums

101

Pemberton Group - Corporate

10

Pemberton Group - Sky City

8-9

6&7

Empire Communities - Rain Condominiums

Family of magazines - Promo

Nova Trimax - Allegra

17

Pemberton Group - Vivid Pinnacle International - Pinnacle Grand Park

11 103

Pinnacle International - Pinnacle Uptown, Crystal 2

97

Plaza - Exhibit Definitive Residences

29

Plaza Premium Lounge - Promo

46

Queenscorp Residences - Watermark

119

22-23

Great Gulf Homes - X2

26

Harhay Developments - One Eleven Condominiums & Lofts

91

Rio Can - E Condos The Brown Group of Companies - Willow Park at Bayview

87 14

Home Decor & Renovations - Promo

122

The Daniels Corporation - Cinema Tower Condominiums

homeTrader.ca - Promo

128

The Daniels Corporation - Corporate

Lanterra Developments - Riverhouse at the Old Mill

41

Lanterra Developments - The Britt

19

Lanterra Developments - Treviso II

27

Liberty Development Corp. - Centro Square Condos

35

Liberty Development Corp. - Royal Gardens

37

Liberty Development Corp. - Terrace on Danforth

37

Liberty Development Corp. - The Fountains Liberty Development Corp. - World on Yonge

5

Insert & 49

The Daniels Corporation - First Home Longvalley Phase 2

51

The Daniels Corporation - Limelight Condominiums

15

The Daniels Corporation - One Park Place Condominiums

47

Tribute Communities - The College

73

Tridel Corporation - 101 Erskine

BC

37

Tridel Corporation - Ten York

IFC

36

Urban Capital - Tableau Condominiums

61

134 new Condo Guide january 5 - 26, 2013

134-Advertiser Index.indd 134

12/18/12 3:13:50 PM

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january 5 - 26, 2013 new Condo Guide 135

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136 new Condo Guide january 5 - 26, 2013

399A 27260 Condo Guide ad FA.indd 1 136-Cresford-Lofts399 01-05-13.indd 136

2012-12-07 2:51 PM 12/10/12 3:32:18 PM

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PRESENTATION CENTRE HOURS: Monday to Friday 11 am – 7 pm Saturday, Sunday & Holidays 12 pm – 6 pm

North of Finch CONTACT US

Phone 416.596.9888 WeB tridel.com TenYork@tridel.com

A Tridel Built Green. Built for Life.® community. *Prices and specifications are subject to change without notice. Illustrations are artist’s concept only. Building and view not to scale.

Tridel®, Tridel Built for Life®, Tridel Built Green. Built for Life.® are registered trademarks of Tridel and used under license. ©Tridel 2013. All rights reserved. E.&O.E. January 2013.

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Twitter.com/Tridel

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NOW OPEN: Monday to Thursday 11 am – 7 pm Friday Closed Saturday & Sunday 12pm – 6 pm

101erskine@tridel.com *Prices and specifications are subject to change without notice. Illustrations are artist’s concept only. Building and view not to scale. Tridel ®, Tridel Built for Life ®, Tridel Built Green. Built for Life. ® are registered trademarks of Tridel and used under license. ©Tridel 2013. All rights reserved. E.&O.E. January 2013.

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