GTA Condo Life - September 25, 2021

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Greater Toronto Area Sept. 25–Oct. 23, 2021

Greater Toronto’s COMPLETE CONDO GUIDE

INSIDE:

FALL – THE PERFECT TIME TO BUY A NEW CONDO

IS THERE A MASS INFLUX OF PEOPLE COMING TO TORONTO?

SITE PREPARATIONS HAVE BEGUN FINAL RELEASE OF RESIDENCES NOW SELLING 80% SOLD

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Nestled within an area featuring beautiful public parks and pathways, Humber Bay, Shores Park, the Waterfront Trail and High Park to name a few, and facing the expanse of Lake Ontario, Mirabella combines urban living within one of the most natural settings in Toronto.

PR 

Our suites not only showcase our bespoke quality for enduring value but are also up to 20% larger than the average downtown urban condo, providing you with additional space to live, work and play. All suite owners have access to exclusive amenities including two shared outdoor terraces, a party room, indoor pool, yoga studio, fitness centre and more.

All dimensions, specifications, and drawings are approximate. Furniture not included. Actual square footage may vary from stated floor plan. E. & O. E. - June 16, 2021 All dimensions, specifications, and drawings are approximate. Furniture not included. Actual square footage may vary from stated floor plan. E. & O. * Effective June 16, 2021 "Principal" will replace the word "Master" * Effective June 16, 2021 "Principal" will replace the word "Master"

Located at 1926 Lake Shore Blvd W. residents can enjoy great neighbourhoods, an unprecedented natural environment and a convenient commute to the downtown Toronto core, Mississauga centre and the airport. Mirabella offers Toronto living away from the congestion of downtown and without altering the convenience of your lifestyle.

All dimensions, specifications, and drawings are approximate. Furniture not included. Actual square fo * Effective June 16, 2021 "Principal" will replace the word "Master"

*Limited Time Incentive. Prices, availability and specifications are subject to change without notice.

Upgrades included may vary per suite, please ask a sales representative for more information. Illustrations are artist’s concept only. Views from other levels may vary. E. & O. E.

RINCIPAL* 

. E. - June 16, 2021

SUITE HN3 3B | 995 sq.ft | Starting at $965,000 *

Panoramic North & East Views from Suite HN3 on Level 35

SUITE HN3 3 BED 995 sq.ft FEATURES Three well-sized bedrooms with views of the city Spacious 19’5” x 5’ balcony with awe-inspiring views of High Park and Grenadier Pond Ample storage with over 24 linear feet of closet space 15 1 2 Large ensuite12bathroom with a full bathroom and 3 powder room11for guests and family.

10

Finish and

5

9 8 upgrades 7 6 electrical 12

15

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included*

2

12

11 3 $40,000) (value of approximately FLOORS 40-41 10

9

12

5

8

15

7

6

1

11 2

10

FLOORS 40-41

PRINCIPAL* 

11

12

10

15

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11

10

9

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8 8

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FLOORS 33-39 FLOORS 33-39

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FLOORS 40-41 12

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PRINCIPAL* 

ootage may vary from stated floor plan. E. & O. E. - June 16, 2021

3

2

15

1

11

2

11

3

10

5

10

FOR A LIMITED TIME, 3 BEDROOM UNITS RECEIVE: 9 8 7 6 ** 1-YEARAllFREE ANDFurniture DEVELOPMENT CHARGES CAPPED dimensions, MAINTENANCE specifications, and drawings are approximate. not included. Actual square footage may vary from stated floor plan. E. &AT O. E. -$0 June 16, 2021 FLOORS 33-39

* Effective June 16, 2021 "Principal" will replace the word "Master"

9

N

REGISTER NOW FOR MORE INFORMATION

FINAL RELEASE NOW SELLING

mirabellacondos.ca 416 961 8008 | info@mirabellacondos.ca

FLO

SEPT. 25–OCT. 23, 2021

CONTENTS COVER STORY

24 GEMMA A NEW GEMSTONE GRACES PINNACLE UPTOWN 6 condolife magazine | Sept. 25–Oct. 23, 2021

38

42

46 DEPARTMENTS

22

8

30 Neighbourhood Watch

Editor’s Note Post-election, now the real work begins

10

Contributors & Masthead

12

Condo Life Online

14

In the Spotlight July new home market sees slower sales and higher prices; more news on pages 16, 18 and 20

Property profile

Hamilton

32

38

Mirabella Luxury Condominiums A pair of luxury towers on the waterfront

In Conversation With...

Jeanhy Shim, condominium industry entrepreneur

58

Maps & Amenity Charts

65 Advertisers Index Want more information? Just ask — and you coud win a prize

40 Western View National leadership is required to address housing challenges

41

The Marketing Edge The role of marketing in pre-construction real estate

42 Condo Pro Fall is the perfect time to buy a new home or condo

66 Industry Report One hundred years of BILD

COLUMNS

INTERIORS

21

Stat Chat

43 Interiors Cover

Will there be a mass influx of people coming to Toronto?

44 Decor

Home Realty

46 Big Style, Small Spaces

Toronto an ideal residential destination

48 Style File

28

24 GEMMA The latest addition to Pinnacle’s grand masterplanned Mississauga community a striking 35-storey tower

Inside The GTA

29 Personal Finance What you need to know about buying a home with family

36 Legally Speaking

51

Around Town

52

Product Showcase

54 Trend Watch

Investing in your future

37

Real Insight Pushing demand to tight supply

nexthome.ca 7

EDITOR’S NOTE

NOW THE WORK BEGINS

WAYNE KARL EDITOR-IN-CHIEF Condo Life Magazine

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

+ get social 8 condolife magazine | Sept. 25–Oct. 23, 2021

So, Justin Trudeau has again been elected Prime Minister of Canada in a Liberal minority government.

Is this a good thing? Focusing on housing, the answer might be yes.

“Ideas on how to fix the housing market have taken centre stage in this election, with many long-simmering issues having had a big spotlight shone on them over the last year-and-a-half by COVID,” Cliff Stevenson, chair of Canadian Real Estate Association (CREA), said just prior to the election.

One of the country’s largest realty firms, ReMax Canada, is calling for the Liberals to lead a collaborative national housing strategy, across all levels of government. “The leading party platforms reveal proposals and promises that echo the band-aid ‘solutions’ of the past, aimed at controlling the market as opposed to getting to the root of the problem. Unfortunately, short of adding substantial supply to the market, Canadian housing affordability will continue to deteriorate.”

A recent Leger survey commissioned by ReMax, by the way, revealed that 85 per cent of Canadians believe there is a housing affordability crisis.

And in the context of the GTA, the Building Industry and Land Development Association has been one of the most consistent voices in calling for action. “We are encouraged to see that the issues of housing supply and affordability are prominent in the lead-up to the federal election – as they must be in elections at every level if we are to build the housing people in our region need, at prices they can afford,” BILD President and CEO Dave Wilkes said before the election. “What we need is an alignment of federal, provincial and municipal housing policy on market-rate housing.”

Trudeau and the Liberals cannot ignore these voices or these facts.

Their 2021 platform, if you need a refresher, promised to build, preserve or repair 1.4 million homes over four years; convert empty office spaces into housing with $300 million in new funding; create the Multigenerational Home Renovation Tax Credit to support secondary suites in homes; create a Housing Accelerator Fund worth $4 billion to help cities build homes faster.

For first-time buyers, the Liberals also promised to introduce a tax-free First Home Savings Account to allow Canadians under 40 to save up to $40,000 for a home; make the First-Time Home Buyer (FTHB) incentive more flexible as an alternative to the current shared equity model; and double the FTHB Tax Credit.

And to further address housing affordability, the Liberals promised to reduce monthly mortgage costs by cutting CMHC mortgage insurance costs by 25 per cent.

Is this all enough? And will they deliver?

Now is when the real work begins.

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CONTRIBUTORS PERSONAL FINANCE | JESSE ABRAMS Jesse Abrams is Co-Founder at Homewise, a mortgage advisory and brokerage firm based in Toronto. thinkhomewise.com

CHIEF REVENUE OFFICER

Jacky Hill jacky.hill@nexthome.ca EXECUTIVE MEDIA CONSULTANT

Michael Rosset

EDITOR-IN-CHIEF – NATIONAL REAL ESTATE

HOME REALTY | DEBBIE COSIC Debbie Cosic is CEO and Founder of In2ition Realty. She has overseen the sale of more than $15 billion worth of real estate.

With Debbie at its helm, In2ition has become one of the fastest-growing and most innovative new home and condo sales companies. in2ition.ca CONDO PRO | BARBARA LAWLOR Barbara Lawlor is President and CEO of Baker Real Estate Inc., and an in-demand columnist and speaker. A member of the Baker team since 1993, Barbara oversees the marketing and sale of condo developments in Canada and overseas. baker-re.com

Susan Legge susan.legge@nexthome.ca

EDITOR-IN-CHIEF – GREATER TORONTO AREA

Wayne Karl wayne.karl@nexthome.ca MANAGING EDITOR

Rise Levy rise.levy@nexthome.ca CONTRIBUTORS

Jesse Abrams, Michelle Berwick, Mike Collins-Williams, Debbie Cosic, Kevin Crigger, Sara Duck, Barbara Lawlor, Linda Mazur, Nick Monteleone Ben Myers, Lisa Rogers, Jayson Schwarz, Dave Wilkes SENIOR VICE-PRESIDENT, SALES, NEXTHOME

Hope McLarnon 416.708.7987, hope.mclarnon@nexthome.ca DECOR | LINDA MAZUR Linda Mazur is an award-winning designer and Principal of Linda Mazur Design Group. With almost two decades of experience this in demand multi-disciplinary design firm is known for creating relaxed, stylish spaces and full-scale design builds throughout the GTA and Canada. lindamazurdesign.com @LindaMazurGroup REAL INSIGHT | KEVIN CRIGGER Kevin Crigger, TRREB President and realtor, is a long-standing and active member at the Toronto Regional Real Estate Board. He has served all levels of the real estate industry, as well as local charities and educational institutions

SENIOR MEDIA CONSULTANTS

Amanda Bell 416.830.2911, amanda.bell@nexthome.ca Natalie Chin 416.881.4288, natalie.chin@nexthome.ca VICE-PRESIDENT, SALES – DIGITAL MEDIA

Virginia Knott

VICE-PRESIDENT, MARKETING – GTA

Leanne Speers

SENIOR CLIENT RELATIONS SPECIALIST – GTA

Sonia Presotto

MANAGER CUSTOMER SALES/SERVICE

Marilyn Watling

SALES & MARKETING CO-ORDINATORS

Gary Chilvers, Vi Nguyen STAT CHAT | BEN MYERS Ben Myers is President of Bullpen Consulting. Ben provides pricing recommendation, product mix, and valuation studies on new residential housing developments for builders, lenders and property owners. bullpenconsulting.ca

HOME SHOW MANAGER & NEWSPAPER CIRCULATION – GTA

Josh Rosset DISTRIBUTION

distributionteam@nexthome.ca ACCOUNTING INQUIRIES

accountingteam@nexthome.ca DIRECTOR OF PRINT MEDIA

Lauren Reid–Sachs BIG STYLE, SMALL SPACES | LISA ROGERS Lisa Rogers is Executive Vice-President of Design for Dunpar Homes. Lisa has shared her style and design expertise on popular television programs such as Canadian Living TV, House & Home TV and The Shopping Channel. Lisa is also a regular guest expert on CityTV’s Cityline. dunparhomes.com.

VICE-PRESIDENT, PRODUCTION – GTA

Lisa Kelly

PRODUCTION MANAGER – GTA

Yvonne Poon

GRAPHIC DESIGNER & ASSISTANT MANAGER

Alicesa Pullan

GRAPHIC DESIGNER & PRE-PRESS COORDINATOR

Hannah Yarkony LEGALLY SPEAKING | JAYSON SCHWARZ Jayson Schwarz LLM is a Toronto real estate lawyer and partner in the law firm Schwarz Law LLP. He can be reached by visiting schwarzlaw.ca or by email at info@schwarzlaw.ca or phone at 416.486.2040.

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

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10 condolife magazine | Sept. 25–Oct. 23, 2021

GRAPHIC DESIGNERS

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Copyright 2021 All rights reserved. All copyright and other intellectual property rights in the contents hereof are the property of NextHome, and not that of the individual client. The customer has purchased the right of reproduction in NextHome and does not have the right to reproduce the ad or photo in any other place or publication without the previous written consent of NextHome.

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DEVELOPMENT

RioCan Living launches smart, mixed-use Verge Condominiums on The Queensway RioCan Living launches Verge at the southwest corner of Islington Avenue and The Queensway in Etobicoke – two mixed-use buildings of 11 and 17 storeys, with more than 30,000 sq. ft. of retail space.

COMMUNITY DEVELOPMENT

NEW HOME MARKET

Vaughan is a city on the move – in more ways than one If you understand that proximity to highway and transit infrastructure is one of the most important influences on real estate, then you know why Vaughan is a city on the move – in more ways than one.

Year-to-date GTA new home sales up 25 per cent over 10-year average GTA new homes saw another active month in June, bringing the number of sales in the first six months of the year to 25 per cent above the 10-year average, the Building Industry and Land Development Association (BILD) reports.

INSIGHT

Down in size, up in luxury and convenience Don’t think of it as “downsizing,” because in many ways, homebuyers move “up” in luxury – and more importantly, in convenience and quality of life – when they buy a condo.

NEW CONDO

Diamante creates stunning pair of towers with elegant podium at Mirabella Beautiful public pathways, Humber Bay Shores, the Waterfront Trail and High Park, Lake Ontario... this could be your life at Mirabella Luxury Condominiums, in one of Toronto’s most natural settings, from Diamante.

Visit or check us out on 12 condolife magazine | Sept. 25–Oct. 23, 2021

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IN THE SPOTLIGHT

JULY NEW HOME MARKET SEES SLOWER SALES AND

RECORD HIGH PRICES The GTA new home market was typically quiet in July, with 2,140 units sold – 14 per cent below the 10-year average, according to the latest statistics from the the Building Industry and Land Development Association (BILD).

Single-family homes, including detached, linked and semi-detached houses and townhouses (excluding stacked townhouses), accounted for 662 units sold in July, 21 per cent below the 10-year average.

Sales of condominium apartments, including units in low-, mediumand highrise buildings, stacked townhouses and loft units, with 1,478 units sold, were 11 per cent below the 10-year average.

“New home sales took a bit of a breather in July,” says Edward Jegg, team leader, analytics, at Altus Group, BILD’s official source for new home market intelligence.

“A drop in July is typical, as potential buyers take time off to enjoy too-short Canadian summers, and fewer new projects launch.

Adding to the seasonal dip this year was some moderation following the surge in sales from July 2020 through April 2021 that followed the initial

pandemic lockdowns.”

New home prices reached record highs in July. The benchmark price for new condominium apartments in July was $1.09 million, up 9.8 per cent over the last 12 months. New singlefamily homes, meanwhile, rose 28.4 per cent to $1.5 million.

Remaining inventory decreased in July compared to the previous month for both condominium apartments and single-family homes, to 9,483 units and 1,598 units respectively.

Remaining inventory includes units in preconstruction projects, in projects currently under construction, and in completed buildings.

“Low inventory levels for both condominium apartments and single-family homes are a persistent problem in the GTA that exerts upward pressure on prices,” says Dave Wilkes, BILD president and CEO. “We are encouraged to see that the issues of housing supply and affordability are prominent in the lead-up to the federal election – as they must be in elections at every level if we are to build the housing people in our region need, at prices they can afford. What we need is an alignment of federal, provincial and municipal housing policy on marketrate housing.”

JULY NEW HOME SALES BY MUNICIPALITY CONDOMINIUM UNITS

52pick-up.com

SINGLE-FAMILY HOMES

TOTAL

REGION

2021

2020

2019

2021

2020

2019

2021

2020

2019

DURHAM

65

32

28

228

572

114

293

604

142

HALTON

217

231

56

49

309

78

266

540

134

PEEL

528

568

418

74

262

152

602

830

570

TORONTO

544

756

1,335

16

31

29

560

787

1,364

YORK

493

99

563

426

461

297

919

560

860

GTA

1,478

1,989

2,048

662

1,692

533

2,140

3,681

2,581

SOURCE: ALTUS GROUP

14 condolife magazine | Sept. 25–Oct. 23, 2021

A NEW VISION OF LUXURY LIVING STUNNING NEW RELEASE OF SUITE DESIGNS FROM THE UPPER $500s New exciting release! Oro at Edge Towers has just released a limited collection of stunning new suite designs by renowned Architect Roy Varacalli. A new vision of ultra-lux living in One bedroom, One plus den, and Two bedroom suites, with grand interiors and luxury finishes, beginning in the upper $500s. Located in the heart of Mississauga’s City Centre, and just steps from Square One, Oro is the only new downtown condo community that is right on the new LRT line.

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IN THE SPOTLIGHT

GTA HOUSING DEMAND REMAINS STRONG IN AUGUST GTA resale housing saw the thirdbest sales on record for the month of August, according to the Toronto Regional Real Estate Board (TRREB).

While the market has taken its usual summer breather, it is clear that the demand for ownership housing remains strong. At the same time, the supply of listings is down, resulting in tighter market conditions and sustained competition between buyers, and double-digit price increases.

GTA realtors reported 8,596 sales through TRREB’s MLS system in August – down 19.9 per cent compared to August 2020. The condominium segment bucked the overall sales trend, with year-overyear growth in sales, continuing a marked resurgence in 2021. The number of new listings was down year-over-year by 43 per cent.

“The fact that new listings were at the lowest level for the past decade is alarming,” says TRREB President Kevin Crigger. “It is clear that the supply of homes is not keeping pace with demand, and this situation will become worse once immigration into Canada resumes. The federal parties vying for office in the upcoming federal election have all made housing supply and affordability a

focal point. Working with provincial and municipal levels of government on solving supply-related issues is much more important to affordability than interfering with consumer choice during the homebuying and selling offer process or revisiting demand-side policies that will at best have a short-term impact on market conditions.”

The August 2021 Home Price Index Composite benchmark was up by 17.4 per cent year-over-year. The average selling price for all homes combined was up by 12.6 per cent to $1.07 million. The strongest price growth is still in lowrise home types. However, average condo price growth is now well-above inflation as well. On a seasonally adjusted basis, the average selling price continued to trend upward in August.

“Sales have accounted for a much higher share of new listings this year compared to last, and the story was

no different in August,” says TRREB Chief Market Analyst Jason Mercer.

“There has been no relief on the supply side for homebuyers. In fact, competition between these buyers has increased. As we move toward 2022, expect market conditions to become tighter as population growth in the GTA starts to trend back to pre-COVID levels.”

“With a federal election just (days) away, we are calling on all political parties to continue focusing on housing policies that address supply and affordability across the country,” says TRREB CEO John DiMichele.

“Bold action, not promises, is needed to ensure that Canada has a stable and sustainable housing market, now and in the decades to come. This will ensure that the Greater Golden Horseshoe remains competitive on the global stage, in terms of attracting businesses and households to the region.”

GTA RESALE AVERAGE PRICES, AUGUST 2021 (YR/YR % CHANGE)

The One Stop Shop for Builder Storytelling

Detached Semi-detached Townhome

mcouatpartnership.com

Condo

416

905

Total

$1.69M (14.5)

$1.32M (29.4)

$1.39M (25.3)

$1.27M (8.9)

$927,840 (22.5)

$1.04M (17.4)

$924,499 (11.0)

$839,635 (21.1)

$858,218 (18.7)

$702,344 (2.5)

$595,356 (12.8)

$668,765 (4.8) SOURCE: TRREB

16 condolife magazine | Sept. 25–Oct. 23, 2021

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In the spotlIght

COVID ISSUES SUBSIDING, OTHER HOUSING ISSUES REMAIN AS 2021 SET TO BE RECORD YEAR IN CANADA Canada should soon emerge from current market challenges brought on largely by COVID-19, and return to more normal, if uncertain conditions.

This is among the key points of the Canadian Real Estate Association (CREA)’s updated forecast for home sales activity.

“Canadian housing markets appear to be stabilizing somewhere in between pre- and peak-pandemic levels – which is to say, still extremely unbalanced,” says Shaun Cathcart, CREA’s senior economist.

Supply concerns remain across much of Canada, but mass vaccinations and (eventual) full reopening of economies, along with the associated migration and international immigration, present some uncertainty to the outlook over the balance of 2021 and into 2022 – but only from a timing standpoint, CREA says. These challenges will ultimately act as tailwinds for housing demand; 2021 will almost certainly be a record year for home sales in Canada. Meanwhile, 2022 is expected to see significantly fewer MLS transactions, but is still expected to mark the second-best year on record for Canadian home sales.

Another risk to the forecast was to be the federal election, in which

18 condolife magazine | Sept. 25–Oct. 23, 2021

ideas on how to fix the housing market took a prominent place. While Canadians can be encouraged that all the major parties were looking at longer-term solutions to the supply shortage issue, it also highlights how there are no quick fixes. Scarce availability of materials and skilled labour during the pandemic is not likely to be corrected on-demand, and there are other barriers to building, such as approvals processes.

“Ideas on how to fix the housing market (took) centre stage in this election, with many long-simmering issues having had a big spotlight shone on them over the last yearand-a-half by COVID,” says CREA Chair Cliff Stevenson.

“So, it may be easier said than done, but the conversation is a welcome change after a decade of demandside tweaks,” CREA says. “We’ll see what initiatives are kicked off (after the election on Sept. 20).”

About 656,300 properties are forecast to trade hands via Canadian MLS systems in 2021, CREA says. This would be a record-setting number, and an increase of 18.8 per cent over 2020. However, this forecast does represent a downward revision from previous estimates, as sales fell more rapidly than predicted this spring.

The strength of demand in 2021 has been geographically broadbased, and CREA anticipates strong sales growth in every province with the exception of Quebec, where the second half of 2020 was comparatively stronger than the first five months of 2021.

The national average home price is forecast to rise by 19.9 per cent on an annual basis to $680,000 in 2021, little changed from CREA’s previous forecast. This historically large increase reflects the current

unprecedented imbalance of supply and demand, still close to two months of inventory nationally.

On a monthly and quarterly basis, sales are forecast to continue trending slowly back towards more typical levels through the latter months of 2021 and into 2022.

Limited supply and higher prices are expected to tap the brakes on activity in 2022 compared to 2021, although the increased churn in resale markets resulting from the COVID-related shake-up to so many people’s lives may continue to boost activity above what was normal before the pandemic. It is possible, in fact, that many of the moves associated with changes related to remote work won’t play out until further down the road when we have more certainty about what the future will look like post-COVID. National home sales are forecast to fall by 12.1 per cent to around 577,000 units in 2022. This easing trend is expected to play out across Canada, with buyers facing both higher prices and a lack of available supply, while at the same time the urgency to purchase a home base to ride out the pandemic continuing to fade. Still, with supply at record lows, the national average home price is forecast to rise by 5.6 per cent on an annual basis to about $718,000 in 2022.

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Greater Toronto Area Dec. 5, 2020–Jan. 16, 2021

Greater Toronto’s COMPLETE CONDO GUIDE

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THE RIGHT MORTGAGE AND A LOW RATE

DEC. 5, 2020–JAN. 16, 2021

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INSIDE:

HOMEBUYER INTENTIONS STILL STRONG: SURVEY

WHERE MORTGAGE RATES ARE HEADED IN 2021

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INSIDE:

HOMEBUYER INTENTIONS STILL STRONG: SURVEY

WHERE MORTGAGE RATES ARE HEADED IN 2021

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2020-11-27 3:06 2:30 PM

IN THE SPOTLIGHT

AOYUAN’S M2M PHASE 2 FOCUSES ON FAMILY-SIZED SUITES As GTA home prices continue to rise, Aoyuan International is launching M2M Phase II, bringing a collection of junior one-bedroom to three-bedroom suite designs and multi-generational amenities to the market. The twotower M2M Squared sits at the heart of the 8.6-acre master-planned North York neighbourhood, with about 46,000 sq. ft. of community centre space and 11,000 sq. ft. of daycare facilities at its base, putting Aoyuan’s philosophy of family-focused developments centre stage.

“Our intention with M2M from the very beginning was to create a true family-oriented community,” says Fan Yang, general manager, Canada, Aoyuan International. “We wanted to develop a project that would bring families peace of mind, knowing they would have convenient access to parks, childcare and other recreational amenities. We also looked at our suite designs, how units’ efficiency and functions could be maximized, so that families could actually live in our community and feel comfortable living in an urban part of the city.”

Three levels of outdoor greenspaces create “vertical parks” within the M2M community to

20 condolife magazine | Sept. 25–Oct. 23, 2021

encourage a healthy and balanced lifestyle. Additionally, Green roofs provide fresh air and calming views for tower units.

“Shared outdoors spaces are landscaped with natural materials and native flora to promote wellness, physical exercise, yoga and meditation,” says Robert Ng, principal, NAK Design Strategies. “M2M’s outdoor spaces give residents a relief from chaotic city life and a sense of belonging within the community.”

Interior amenity spaces by Toronto-based interior design firm Figure3 leverage biophilic design, taking cues from nature and the planned landscaping surrounding the community. “We are using nature-inspired patterns, textures and colours, and natural-looking materials, to ensure the amenity spaces and suite interiors truly reflect Aoyuan’s intention to bring a sense of wellness throughout for this project,” says Dominic De Freitas, Principal, Figure3.

At the heart of the new familyfocused development is a new community centre and daycare designed by Wallman Architects.

Plans for the community centre

currently includes a double-height gymnasium with a basketball court and running track, and activity rooms. The two-level daycare features indoor and outdoor play zones, promoting tactile and sensory exploration. This new community hub overlooks the new public park and playground at M2M’s doorstep.

“The community centre, daycare and park at the foot of this project provides much needed social infrastructure for the city and will be the central piece of the M2M community,” says Vince Santino, senior vice-president of development, Aoyuan International. “Families can be at ease knowing what they need is within walking distance. They won’t have to commute.”

Steps from the Yonge and Finch subway and GO station, M2M Squared fills a gap in Toronto’s condo market, the company says, by providing desirable housing solutions for families who want to live in the city. M2M Phase I was one of the fastest selling projects in 2018 and won the People’s Choice Award at the 39th annual BILD awards. m2mcondos.com

ADVICE | stAt ChAt

WILL THERE BE A

MASS INFLUX OF PEOPLE COMING TO TORONTO?

BEn myERs

Last year and into 2021, the COVID-19 pandemic forced many of us to reconsider where and how we should be living, and where and how we should be working. The 400-sq.ft. downtown condominium was perfect for a short walk to work, quick access to nearby restaurants and nightclubs, and transit was nearby for those longer trips.

With many people working from home in a cramped space, indoor dining closed, and transit still a little worrisome, people are struggling with their decision regarding the best place to live.

Every Torontonian has a slightly different version of this pandemicreconsideration story, with questions like: Do I want to raise my kids downtown? Do I want to be crammed closely into elevators, streetcars, cubicles or tiny boutique fitness centres? A lot of people are asking themselves if a suburban lifestyle will keep them safer, or will a move to a much smaller municipality outside the GTA be better for their general well-being and health?

We have witnessed a massive shift over the last 20 years, with the complete revitalization of downtown Toronto, the building of new office buildings and especially new highrise condominiums. The Toronto population has soared in recent years. Many buyers have chosen to live in downtown condominiums for lifestyle and environmental reasons; they want to be walking distance to cafes, shops, parks, friends, hospitals,

and employment, all while reducing the need for development on the outskirts of the GTA that eats up greenfield lands and increases the reliance on personal automobiles.

They don’t want to pay for a parking spot, a car lease, license fees, or insurance for a vehicle that sits in a garage most of the day and pumps out pollution the rest of the time.

A second group of people are living in downtown condos and rental apartments for affordability reasons; they would much prefer to live in a single-family detached home in an innersuburban community with a big backyard and two parking spaces.

However, the number of years someone would have to save for these houses is becoming insurmountable. They need to be as close to work as possible to save time and money, and centrally located highrise buildings fit that need for them in the short term.

Because of the pandemic, many predicted a mass exodus out of Toronto, but from the looks of the data, people have decided to stay. The August 2021 data from the Toronto Regional Real Estate Board shows single-detached pricing up 21 per cent annually, while average condo prices have risen nine per cent year-over-year.

Active listings in August were down 51 per cent annually – despite the sky-high prices, people aren’t selling. According to BILD’s latest release, the benchmark price for new condominium apartments in July was $1.09 million, which was up almost 10 per cent over the last 12 months, while the single-family market has seen prices rise 28 per cent.

Demand is clearly as strong as ever, and this is in the absence of the type of immigration we’re used to. In fact, supply is way up, too, on the apartment side. According to data from CMHC, there were 18,266 condominium and rental apartment units completed in the Toronto Census Metropolitan Area during the first seven months of 2021, 46 per cent more than last year, and 86 per cent more than in 2016.

Clearly, there is no exodus, but a mass influx, occurring.

More and more people will come to the GTA and Toronto, if we build units to accommodate them. We have a record number of units coming this year, but it still won’t be enough. If you’re in the market for an investment condo, there will be future demand for that unit. Think longterm hold, don’t be afraid of small (tiny equals more affordable). Think about how your future tenants will get to work, where they will eat, what can they walk to, and what can they afford? How is the neighbourhood changing, and can you contribute to its growth and success?

Surround yourself with a strong team, do your own research, and believe that people will most definitely come to Toronto.

Ben Myers is President of Bullpen Consulting, a boutique residential real estate advisory firm specializing in condominium and rental apartment market studies, forecasts and valuations for developers, lenders and land owners. bullpenconsulting.ca Twitter@benmyers29

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#InsidetheGTA

by SUSAN LEGGE

GTA

LEASIDE COMMON

A LEASIDE LOCALE Gairloch Developments, in partnership with Harlo Capital, is launching Leaside Common, a new midrise development located in the highly coveted community of Leaside, steps from the brand-new Bayview-Eglinton LRT. Making a bold statement using masonry design that invokes grandeur, the project spans 103 metres and is nine storeys high. It features 198 units ranging from studios to three-bedroom penthouse suites. Ten townhomes are also planned. leasidecommon.ca

Just a few suites left at iconic SkyTower project According to a social post from Pinnacle International Realty Group, there are only a handful of suites left at SkyTower, the much-anticipated 95-storey condominium at Pinnacle One Yonge.

On top of the convenient location, residents of this iconic tower will have access to thoughtful amenities, such as an outdoor children’s play area, a dog run with washing station, walking track with fitness stations, barbecue areas, and party rooms for hosting private events.

Just steps from Lake Ontario and Harbourfront, the financial district and entertainment area of downtown Toronto are also within walking distance.

22 condolife magazine | Sept. 25–Oct. 23, 2021

For quick getaways, Billy Bishop Airport and Lester B. Pearson International Airport are within easy reach. pinnacleoneyonge.ca

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DID YOU KNOW?

Forest workstations in the GTA? Not yet. They are part of a plan to promote Lahti, Finland’s Green Capital Year. The City is encouraging residents to enjoy Lahti’s nature sites while boosting energy and creativity while working remotely. greenlahti.fi

Singles, semis and towns at Highpoint in Upper Mount Pleasant

Developer amplifies its family-centred approach Located steps from the Yonge and Finch subway, Aoyuan International’s M2M community is poised to become a family favourite.

Building on the success of M2M Phase I, M2M Squared’s familyoriented unit mix will include efficient suite designs with almost double the amount of two-bedroom (and up) units compared to most GTA projects.

In addition, the amenity program at M2M Squared offers a range of indoor and outdoor recreational spaces to accommodate residents of different ages. Indoor amenities

Narrative condominiums coming soon The location of this sign for The Narrative Rouge River

include a fitness centre, yoga and dance studio, a hobby room, children’s playroom, two co-working lounges with rooms for video calls and meetings, multipurpose entertainment lounge, games room and party lounges. Indoor spaces flow seamlessly into outdoor recreational spaces which include an adult lap swimming pool and shallow wading pool with playful pebble seating, shaded lounge and barbecue areas, as well as a putting green, bocce ball court and outdoor yoga deck and gym with built-in fitness equipment. m2mcondos.com

The Upper Mount Pleasant area of Brampton is growing!

Paradise Developments is continuing to develop its Highpoint community with the release of a new collection of towns, semis and singles on 30-, 38-, 41- and 45-ft. lots.

These well-appointed, luxury homes are located in an amenity-rich area which includes several private and public schools, conservation areas, shopping centres, and easy-toaccess highways and transit.

There are several virtual model suites to tour online. paradisedevelopments.com

Condominiums will eventually be the location of a new community on Kingston Road.

Located just east of Port Union Road, next to the Rouge National Urban Park, Crown Communities’ official website for The Narrative states that prices will start from the $300,000s and the site offers a balance of nearby greenspace, a diverse and welcoming community and easy access to Hwy. 401.

Register to receive more information as it becomes available. narrativecondos.com nexthome.ca 23

COVER STORY

GEMMA NEW GEMSTONE GRACES PINNACLE UPTOWN IN MISSISSAUGA Pinnacle Uptown has completed more than 1,300 suites and is one of the most successful new residential communities in Mississauga. It will continue to flourish and welcome 24 condolife magazine | Sept. 25–Oct. 23, 2021

many more residents as the masterplanned community evolves, and remains the top destination of choice for those wanting an unparallel lifestyle in a sought-after location.

Following the success of the two Perla Towers, Pinnacle International introduces the latest addition to Pinnacle Uptown, Pinnacle’s grand master-planned community in

Mississauga – Gemma, a striking 35-storey condominium tower at Hurontario Street and Eglinton Avenue West.

Set amidst lush surroundings that spread over 36 acres of land, with 15 acres dedicated to future park lands, including the new and upcoming Fairwinds Park, Pinnacle Uptown is the quintessential urbansuburban community for people working and playing in the city’s most elegant neighbourhood.

Polished to perfection, suites at Gemma offer potential buyers the most desired features, including expansive windows and spacious U-shaped kitchens that come complete with full-sized stainlesssteel kitchen appliances, and all suites include one parking spot and one locker – a rare find in Mississauga.

These residences also include quartz countertops and designer cabinetry with soft-close cabinets and drawers, laminate flooring throughout and under-cabinet lighting – all curated to deliver enduring elegance.

Gemma offers building amenities that punctuate public spaces with style and excitement. Amenities such as the fully-equipped fitness room and separate yoga room allow residents to unwind or stay healthy and fit.

The designer-decorated party room, private dining room, and sports lounge with billiards table offer residents the utmost in entertainment possibilities.

Children will also love exploring their own play time in the designated play area. For those looking for some “me” time, the quiet library will provide the perfect escape. Amenities are not just limited to the indoors, as Gemma extends the amenities to the outdoors as well. There is an outdoor terrace with dining and barbecue areas, fitness areas and even a pet wash to clean your friendly pets after their walks.

With recreational amenities and perfectly connected to transit, shopping, dining and entertainment, Gemma at Pinnacle Uptown continues to offer the prized lifestyle in Mississauga.

Located minutes to Square One Shopping Centre and surrounded by

office buildings, shops, restaurants and entertainment, getting anywhere in the GTA is easy – thanks to Pinnacle Uptown’s proximity to major highways, convenient access to public transit and even a future LRT stop at its doorstep.

And while connecting with the GTA from Pinnacle Uptown is incredibly easy, those who choose to live here may never want – or need – to go far.

Gemma is the newest opportunity to enjoy exceptional living in Mississauga. Register now to be part of this amazing community. Suites range from 590-sq.-ft. one-bedrooms to 1,000-sq.-ft. two-bedrooms plus den.

Prices start from the mid $600,000s, and each unit comes complete with a parking spot and locker.

To showcase the impeccable finishes, there are two model suites at the Presentation Centre. Book an appointment and tour the stunning model suites that are sure to impress.

Both models are fully decorated by award-winning interior designer, Tanner Hill and Associates.

Based in Vancouver, Pinnacle has been involved in the development, design, construction and management of its projects for more than 40 years. With this experience and expertise, Pinnacle has completed more than 12,000 residences to help create and enrich neighbourhoods in Vancouver, Toronto and San Diego. A Pinnacle property is always place-perfect, with an elan of its own.

For purchasers who are looking to secure a move-in ready unit, there is a limited availability at Perla. Purchasers acting now can still secure one of the remaining suites. For further information, email or register on the website. pinnacleuptown.com info@pinnacleuptown.com

nexthome.ca 25

A TREE FOR EVERY HERO.

Join us in planting 2 million trees along the 401 Highway of Heroes, a tribute to the men and women who fought for Canada in our wars, and a living memorial to the 117,000 who died for freedom.

Get involved today:

As part of Trees for Life’s Tree Coalition, we are proud to work collaboratively with GrandTrees Climate Solutions.

ADVICE | HOME REALTY

TORONTO AN IDEAL RESIDENTIAL DESTINATION

DEBBIE COSIC

Toronto is one of the most celebrated cities in the world, so understandably, it is a prime real estate destination for immigrants and people looking to relocate within Canada. Nearly three million residents call Toronto home, and that number is expected to grow to 3.95 million by 2046. It may seem a long way off, but time is passing quickly these days.

It’s easy to understand why Toronto is so desirable. Every year, the city receives high world rankings for everything from quality of life to education, economy and jobs. In addition, our city was ranked second out of 60 municipalities considered in the 2021 Safe Cities Index. What a terrific accolade! Relative to other places in the world, where turbulence dominates the lifestyle, Toronto is seen as a safe haven. When people feel physically safe, they tend to feel mentally alive and happier.

Last year, Resonance Consultancy named Toronto 13th of 100 global cities in their World’s Best Cities Report, which examined metropolitan area cities with populations of more than one million. They were judged on the following categories: Place, programming, prosperity, product, people and promotion.

And speaking of people, those who move here find an extensive selection of housing types to choose from, including entry-level condos, townhomes, semi-detached and detached homes, luxury homes and condos, and even rental accommodations. Smaller towns tend

28 condolife magazine | Sept. 25–Oct. 23, 2021

Savile on the Roe

to offer more lowrise options. Variety sets Toronto apart in Canada.

As for making a living, newcomers find jobs here. The tech industry is growing by leaps and bounds, with jobs for everyone from students just out of school to older adults who are not yet ready to retire and want to try something new or expand existing businesses. The entertainment industry is also huge here; Toronto is second only to Hollywood for filming destinations.

Students from around the globe flock to Toronto for our world-class post-secondary educational facilities.

With University of Toronto, Ryerson University, York University and other great schools, Toronto is a veritable mecca for education. We also have world-class hospitals and health care available, which is an outstanding feature for people of all ages. Then consider Toronto’s transportation system, which is getting better and more expansive all the time.

And let’s talk excitement. With new restaurants opening, in addition to the global cuisines already available to satisfy any taste, foodies love living here. Shows and concerts are starting

again as well, giving Toronto a real New York vibe. The city buzzes with life and activity. Museums, art galleries, sports venues, lakeside activities… the possibilities are outstanding.

Oh, and of course, there’s the amazing value in Toronto real estate, which has consistently produced double-digit appreciation, even during the pandemic. Both end-users and investors know if they purchase in Toronto, they will enjoy a substantial return-on-investment when they eventually sell.

Whether you’re looking to find a spectacular place to live or to invest your money, Toronto is an exceptional choice that continues to get even better all the time.

Debbie Cosic is CEO and founder of In2ition Realty. She has overseen the sale of more than $15 billion worth of real estate. With Debbie at its helm, In2ition has become one of the fastest-growing and most innovative new home and condo sales companies. in2ition.ca

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Advice | personAl finAnce

WHaT YOU

NEED TO KNOW abOUT BUYING A HOME WITH FAMILY

jesse abrams

Coming up with a down payment isn’t always easy, especially in this hot market, which is why more than 30 per cent of Canadian homebuyers seek help from a parent or family member. When buying a home, family members can lend a helping hand in the form of a “gift” or by participating as a co-signer. Both options are great ways to increase home affordability for first-time buyers and help them enter the market faster. receiving A ‘gift’ towArd your down pAyment

A “gift” is money given by a parent or family member to help with a down payment. Regardless of the amount, gifted funds imply that the money is not a loan and the homebuyer is under no obligation to pay it back. When you receive a gift, a “gift letter” needs to be sent to your mortgage company to verify that these funds are in fact for your down payment. Lenders require this letter from buyers to rule out any further debt obligations and to ensure the source of funds before the mortgage can be approved.

A gift letter should include the following details: • The gifter’s name, address and phone number • The gifter’s relationship to the recipient • The dollar amount of the gift • The date the funds were transferred

• A statement from the gifter indicating that they do not expect repayment • The gifter’s signature • The address of the new home purchase As many Baby Boomers head into retirement, a great wealth transfer is taking place in Canada, giving many first-time buyers more opportunity to receive financial assistance from family members to buy a home. In fact, one-third of Baby Boomers in Canada’s four major cities have already given or plan to give living inheritances to their family members to purchase real estate. So, we anticipate seeing more first-timers buying with help from their families in the years to come.

HAving A fAmily member Act As A co-signer

Help doesn’t necessarily have to come in the form of a cheque. A parent or family member can also act as a co-signer on your home. A co-signer is someone who applies for a mortgage with the primary borrower and legally agrees to take liability on the mortgage and pay off any debt if they are unable to make payments. In most cases, a co-signer is used when a homebuyer lacks the income or credit score to qualify for a mortgage. The benefit of a co-signer is that their credit score and income get combined with the buyer, which improves their home affordability and the overall chances of approval.

It’s important to note that a cosigner will be on the title of your home and fully responsible if you stop making your mortgage payments or

“

Help doesn’t necessarily have to come in the form of a cheque.

A parent or family member can also act as a co-signer on your home.

”

cannot afford them. With that in mind, it’s highly recommended to review your financial circumstances in detail and determine a long-term budget before making any buying decisions.

The last thing you want is to put any financial distress and obligations on your family members.

At Homewise, we receive many first-time buyer applicants who are getting help from family members to make a home purchase. As home prices rise and the market remains competitive, both options make it a little easier for first-timers to achieve their goal of homeownership. For more information, connect with an expert mortgage advisor to explore the various mortgage options.

Jesse Abrams is Co-Founder at Homewise, a mortgage advisory and brokerage firm based in Toronto. thinkhomewise.com

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NEIghbOuRhOOD WATCh

HAMILTON HIGH TECH CITY OF THE FUTURE

by WAYNE KARL

Hamilton may be best known as a steel city – a moniker it may never shake, given the industry is still alive and well there. But here’s a more modern nickname for you – tech town.

Yes, really.

The city of 536,917 was recently ranked as one of the top tech cities in North America for “opportunity.”

Commercial real estate services and investment firm CBRE rated Hamilton number two in 2019, citing a tech scene that has grown by 52 per cent over the last five years. This, in addition to naming it Canada’s fastest 30 condolife magazine | Sept. 25–Oct. 23, 2021

growing mid-sized city for tech talent in 2018.

This reputation may be slightly unfamiliar to some, but homebuyers have known the city has been transitioning for years.

CITY ON ThE hIghRISE

Indeed, a quest for lowrise housing at affordable prices has sent throngs of buyers from the Toronto area to Hamilton over the past decade.

While more affordable lowrise homes may have encouraged GTA buyers to head west, it may be the affordability of the highrise sector that

keeps them here. See, for example, the median prices for Hamilton condos, as compared to other types.

“With an average price tag of just over $530,000 (for August 2021), apartment-style properties continue to be sought-after,” says Donna Bacher, president of the Association of Hamilton-Burlington. “These properties are attractive to both buyers and investors in the HamiltonBurlington market area. Apartmentstyle properties are showing better inventory levels than any of the other property types, yet are still well below normal levels.”

HAMILTON MEDIAN HOME PRICES, Q2 2021 Q2 2020

Q1 2021

Q2 2021

Q/Q % change

Y/Y % change

Single-family detached

$638,500

$732,000

$788,000

7.7

23.4

Standard condominium

$405,000

$465,000

$475,000

2.2

17.3

Aggregate

$613,750

$715,000

$760,000

6.3

23.8

Source: royal lePage HouSe Price Survey, Q2 2021

Developers, meanwhile, are catering to the growing demand for highrise housing in the city.

A consortium of local builder and development partners and the City are revitalizing an aging neighbourhood by creating a new community of subsidized and market rental apartments, plus condominium townhomes priced below Hamilton and GTA market values. It is said to be one of Hamilton’s biggest-ever inner-city developments and a tribute to inclusivity and diversity.

City Housing Hamilton has engaged in a strategic alliance agreement for a pioneering project.

Roxboro Park Inc. is a partnership of Urbancore Developments, Carriage Gate Homes and the Effort Group to undertake the revitalization of a 13-acre section of land in the city’s east end.

The revitalized neighbourhood proposes a wide variety of housing options, rental apartments and connection to parks and open space trails. First-time homebuyers will have an opportunity to own housing below market value, resulting from the city’s first-time buyer initiative.

The unprecedented $400-million, master-planned community will be one of Hamilton’s largest inner-city redevelopments.

Still, the growing popularity of Hamilton is not without its challenges.

“The housing affordability crisis is not confined to one city; it is a regional issue, and it is getting worse,” Mike Collins-Williams, CEO of West End Home Builders’ Association, told Condo Life.

“It has created a musical chairs effect, where families and young people are leaving Toronto to find more affordable housing in adjacent municipalities, displacing locals who can no longer afford to live in their own community.

“In Hamilton’s case, there is more demand for housing from people leaving Toronto than actual housing supply. To put it bluntly, we need to build more housing to put a lid on rapid price growth and find a better equilibrium between supply and demand.”

It’s not just about homebuying opportunity in Hamilton, however.

From educational institutions such as McMaster University and

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LOCATION, LOCATION, LOCATION Golden Horseshoe at the west end of Lake Ontario; population of 536,917; 68 kms from Toronto, 73 kms to Niagara Falls.

KEY LANDMARKS • Canadian Warplane Heritage Museum • Dundurn Castle • FirstOntario Centre • Hamilton Museum of Steam & Technology • Tim Hortons Field SELECT CONDO DEVELOPMENTS 1 Jarvis

By Emblem Developments 1jarvis.com Electric Avenue

By Elite Developments elitemdgroup.com SoHo Central Park

By Losani Homes losanihomes.com Steeltown City Co.

By Elite Developments elitemdgroup.com

Mohawk College, to exhibits such as the Canadian Warplane Heritage Museum, to historical landmarks such as Dundurn Castle, there’s plenty to enjoy in and around the city.

INfRASTRuCTuRE DEVELOPMENT

Hamilton is also benefiting nicely from the billions being spent on transit and highway infrastructure improvements in the province, allowing residents to live there and easily get around the city or travel to surrounding areas.

All of this further positions Hamilton and its residents to enjoy its rising stature as a tech town, and a place to be now and in the future. nexthome.ca 31

IN CONVERSATION WITH...

JEANHY SHIM CONDOMINIUM INDUSTRY ENTREPRENEUR

BY WAYNE KARL If the “gig economy” is actually a thing, then the “portfolio career” might just be the pinnacle position, and Jeanhy Shim an exemplary CEO. The condominium industry veteran not only has a enjoyed a number of varied entrepreneurial posts over her 30-year career, but has also helped start an impressive array of community initiatives.

“Community,” in fact, is central in everything she does. We sat down with Shim to explore her focus on family, helping people and living a healthy, grounded lifestyle – complete with Netflix and the occasional cry.

You have a lot of experience in the industry for some time and have enjoyed some wide-ranging posts. How do you assess the housing industry right now? The past two years have been strong in terms of performance, but there are challenges with supply, pricing and, of course, COVID…

32 condolife magazine | Sept. 25–Oct. 23, 2021

I started working in this industry back in 1992, in the middle of a bad recession and amidst the rubble of the real estate market crash, so it’s been fascinating to watch our city grow both up and out, as our housing market has come back to life over the past 30 years. And it’s been interesting to see the condominium industry, in particular. It has changed over this time – essentially, from one that sold primarily to end-user buyers (typically younger first-time homebuyers and older downsizing empty-nesters) looking for a home to live in, to one that now designs and sells primarily to investor buyers banking on value appreciation, even before construction completion.

This is not to imply that this is a bad thing; in fact, many of these investor-purchased condominiums are providing much-needed, new and more energy-efficient rental apartment supply. Instead, this structural shift points to how a combination of usual market cost

pressures, increasingly opportunistic government policies and growing bureaucracy, has created a situation whereby selling to investors has become the only way to make projects work.

So, while the condominium (and overall housing) market has remained remarkably resilient in terms of sales and pricing, despite COVID, there is a growing imbalance in the condominium supply we’re building, in favour of a certain type of product for a certain type of buyer (smallersized units for investors). This is both a challenge and an opportunity for the industry and all levels of government looking forward.

If the various levels of government reached out to you for insight or advice on how to address the housing affordability issue, what would you suggest?

It all depends on whose affordability we are talking about. But regardless of whether we are talking about

affordable homeownership or affordable rental housing, there is a severe shortage of housing supply across the board, in our big urban centres and smaller rural communities.

My one piece of advice is that governments at all levels should look at more “positive-outcome” policies that will incentivize desired outcomes.

What we currently have tend to be “negative-outcome” policies that try to stop certain outcomes. Instead, governments should be acting as partners/collaborators/catalyzers to support, promote and enable certain desired outcomes.

There are already many examples, locally and worldwide, that have proven to work – such as tax incentives or abatements, density bonuses or policy exemptions. For example, in Toronto back in the mid 1990s, the Two Kings Regeneration policy enabled the redevelopment of derelict and abandoned warehouses and commercial spaces into what we know today as King West and King East. If it wasn’t for this pro-active role of government at the time, it is highly doubtful that these neighbourhoods would have become what they are today, or as quickly as they have.

Housing affordability is really becoming a serious issue, isn’t it… even to the point of it being a major federal election issue? What’s the solution… or solutions?

There is no magic bullet to solve this complex issue, as there are challenges facing Canadians of all income levels, except the highest income earners. But at its core, the problem here is we have an imbalance of supply and demand in this country. Prices are not rising because of foreign buyers or developers taking more profit.

It’s Economics 101: if there is more demand than supply of an essential good, then prices for that limited supply will rise and continue to rise, as long as there are still enough buyers willing and able to pay the higher prices.

So, the solution is not to somehow stop or stifle demand, which seems to be the focus of our governments.

Instead, as mentioned earlier, the solution is for governments to work with the housing industry to figure out how to enable more supply of the type of housing that hardworking Canadians need and want.

We could also benefit from a shift in mindset, remembering that we live in a free-market economy where home builders are, in essence, providing a product in response to consumer needs. So, unless governments plan to get into the business of homebuilding, then everyone needs to remember that the purpose of providing more supply is for people first, but that making profits is also not a four-letter word.

What does your new partnership with PMA Brethour, PMA360, entail, and how did this come about?

PMA360 is a new division within the PMA Brethour Realty Group, and a testament to Andy Brethour’s entrepreneurial spirit. I’ve known Andy and his new CEO, Chris Markovic, for as long as I’ve been in the industry, but this is the first time we are finally working together. It was through our mutual involvement at ULI Toronto that Chris and I reconnected last year.

In learning more about PMA and the things it was up to, I was impressed by how forward-thinking and pioneering the company is in all operations – sales training and corporate culture, but also in a humble way without shouting it from the treetops.

So, I took the opportunity to share an idea for creating a consulting firm that specialized in midrise neighbourhood developments focused on designing and selling to empty nesters and young families.

With my experience at Streetcar Developments – the pioneers in midrise development – and my subsequent experience working with several other midrise developers, such as Rockport and Vandyk, I know how difficult it is to make these smaller buildings financially feasible. But I also

learned how to make them work... and having the right sales team and sales strategy is a key part of the equation.

When I shared this idea with Andy and Chris, they got it immediately – that there is a growing demand for midrise condominium buildings across the GTA, as the aging Baby-Boomers’ housing needs and lifestyle aspirations are changing, but they want to stay in the neighbourhoods where they currently live.

What’s your primary goal there?

Our goal is to enable the successful development of more smaller scale, boutique and midrise infill condominiums in neighbourhoods across the GTA and beyond, because the demand is already there and will only grow in future as our population continues to age. It is important that our housing industry be able to respond to all housing needs, and PMA360 will help ensure we can fill this growing need with our particular expertise in midrise condo and strategic infill neighbourhood development, construction, design, sales and marketing.

How will this be good for prospective homebuyers?

As our Baby Boomers become empty nesters as their now adult children move out of the family home, many are looking to downsize into smaller, more manageable homes that better suit their new lifestyles.

But many don’t want to leave the neighbourhoods where they currently live, shop and socialize, and many don’t want to live in 50-storey towers with 500 neighbours. So, midrise infill condo buildings would be an ideal solution for this demographic, and in providing the type of housing for their changing needs, this would actually free up their family-sized singlefamily homes for the next generation of young families.

By ensuring we can create the wide range and variety of new housing supply that is needed, this can also help with our supply challenges by ensuring that existing supply is also recirculated into the market.

nexthome.ca 33

We understand you also recently founded and established two start-up companies – a notfor-profit affordable housing development company (Crosswalk Communities) and a housing innovation design firm (TashDesignCo)... How do you do it all?

Yes, I have a lot on the go – I believe it actually has a name – a “portfolio career” – but I’ve always been active in many things ever since my school days of being involved in student government and extracurriculars, while also working part-time and volunteering in my community. This has continued into my working life, as I juggle being a single parent and taking care of aging parents, with my various work initiatives and start-up companies and volunteer commitments. But I only do things that I love to do, and I only work with people who I love working with, and I surround myself with positive energy people. All of this actually gives me energy. (Plus, I eat a lot of kale, drink a lot of green tea and make six to eight hours sleep every night a priority.)

Crosswalk Communities is a notfor-profit affordable rental housing development company that is exploring a new business model to enable us to provide gearedto-income rents to individuals and families earning less than $20 per hour, as well as access to general life support services, such as daycare, English as a second language, financial literacy and skills training. Our goal is to help our residents eventually move into market rental housing through their own hard work. Really, this is about helping hard-working, low-income Canadians break out of the cycle of poverty by providing the stability of a home and services that will reduce stress and enable their energies to be refocused on activities that will improve their lives and the lives of their children. My daughter came up with the name, thinking that we are helping people cross a busy street by providing a safe crosswalk.

And regarding TashDesignCo, what are they most notable housing innovation designs on the horizon?

Part of exploring a new business model to deliver more affordable housing is to look at all inputs in housing development, and that includes the physical buildings.

TashDesignCo is a multi-disciplinary, hybrid “R&D plus execution” company essentially set up to look at ways we can physically design and build better buildings. Currently, we are exploring a concept design for a modular, wood construction multi-family apartment that achieves both net-zero embodied carbon and net-zero carbon energy operations.

It’s a lofty goal, but we believe that addressing the climate crisis should be integrated into addressing the affordable rental housing crisis.

What can you tell us about Crosswalk Communities… and how much of a model for future projects is it?

on a personal note How have you managed during the pandemic? Taken on any new hobbies or acquired new skills?

Lots of wine and Netflix… just kidding! But seriously, staying connected with friends and family through phone, email, Zoom and outdoor distanced visits; keeping positive energy and people around me (and getting rid of negative energy and people); sticking to a routine, including proper sleep and fresh air/ exercise; and letting myself have a good cry whenever I felt the need (which was quite often during the hardest times of the pandemic).

What, or who, is your greatest inspiration for what you do?

My mom and dad, and my daughter, Maya. My mom and dad modelled how to be resourceful, persistent, diligent, optimistic, generous and empathetic. And my daughter reminds me daily about the important things in life – to appreciate the little things, to be present and live in the moment, and to share at least one big, long hug every day.

What’s on your reading lists these days?

I currently have three books on the go – two non-fiction and one fiction: Value(s): Building a Better World for All by Mark Carney; The Great Indoors: The Surprising Science of How Buildings Shape our Behaviour, Healthy and Happiness by Emily Anthes; and Fugitive Pieces by Anne Michaels – an absolutely beautiful novel by this Toronto author and poet.

34 condolife magazine | Sept. 25–Oct. 23, 2021

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ADVICE | LEGALLY SPEAKING

INVESTING IN YOUR FUTURE

JAYSON SCHWARZ, LLM & JACQUELINE MONETA, JD This article is the final installment in a three-part series we have been writing on the intersection between real estate and your estate plan. In part one, we discussed the various ways you can own property, and how your ownership affects how your property will pass under your will. In the second part, we explored how gifting a down payment to your child can impact your estate. And in this third segment, we will explore investment properties and how to plan for their succession.

BUYING AN INVESTMENT PROPERTY

With the housing market showing no signs of slowing, investment properties are a great way to take advantage of the upside. Whether you are buying an investment property with a partner, family, friends or on your own, it’s critical to have a succession plan.

There are many different ways to purchase investment property. You may buy it alone, with a spouse or with friends. It may be your decision to use an investment vehicle such as a corporation, limited partnership or trust.

The impact of how you proceed will have ramifications with respect to income tax payable on income earned from the investment and capital gains, should the property be sold or posthumously on your estate if something should happen.

Are you buying with your partner as joint tenants, so if something 36 condolife magazine | Sept. 25–Oct. 23, 2021

happens to either, the survivor gets the property tax-free? Are you buying with a friend as tenants in common, so upon death, your estate receives your portion? Are you buying through a corporation, and if so, have you done a separate Will for personal property to exempt those shares from probate or administration? Is the property in a family trust, and upon your death, nothing happens, as the other beneficiaries continue?

As you can see, the process is not easy. The way you structure your investment portfolio is critical to your family and your future. It’s important to retain the right lawyer and accountant tax advisor. Get someone who looks holistically at your situation, and is proactive in advising you on the best route to follow.

FOREIGN PROPERTIES

With the world beginning to reopen and people looking to travel again, a condo in Aspen or Miami, or a beach house in Mexico could be both a fun and profitable venture. It is important to understand how to protect your foreign investment.

If you own property in a foreign jurisdiction, having an Ontario Will might not be sufficient. Not all foreign jurisdictions will recognize such a document as valid. The rules

are different in every jurisdiction. It’s always best to play it safe and speak with a professional in the jurisdiction where you are buying the property, to ensure your investment will be distributed the way you intended. In some cases, it might be enough to simply have a second Will covering only your foreign assets. It is important, though, that if you have multiple Wills, they are professionally drafted so that they are coordinated with each other, and neither revokes the other.

No matter how or where you purchase your investment it’s important to have a team that can advise you. Your lawyer should be able to quarterback your transaction and make the process of finding foreign estate and tax advice, and closing your deal, as dreamy as your new vacation rental.

Jayson Schwarz, LLM and Jacqueline Moneta, JD, are with Schwarz Law Partners LLP. To suggest topics for future columns or ask questions, visit schwarzlaw.ca or email info@schwarzlaw.ca.

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ADVICE | REAL INSIGHT

WEALTH TRANSFER PUSHING DEMAND ON TIGHT SUPPLY

KEVIN CRIGGER The price of real estate continues to climb, and many Baby Boomers are supporting their children with funds to start their homeownership journey.

In a recent episode on TRREB’s Ready to Real Estate podcast, we unpacked generational wealth transfer and how it relates to the housing market; it’s an ongoing trend of wealth passed down from one generation to another.

When it comes to how this impacts real estate, we learned that early inheritances are changing how new buyers are cascading into the homeownership world. More firsttime buyers are looking towards their parents for help with the house hunt, especially with upward pressure on prices and stricter mortgage lending rules, including the stress test.

However, gifted funds are supporting down payments and driving up demand in the GTA. In fact, consumer polling conducted

by Ipsos for TRREB suggested that about 40 per cent of buyers in 2021 would be first-timers. This means many first-time buyers might reap the benefits of a generational wealth transfer, and in turn increase demand on the already tight supply of homes available for sale.

This is why it’s important to address housing supply. We know demand will remain strong in the GTA as the population continues to grow, perhaps at a record pace in the initial years of recovery from the pandemic. Policymakers at all levels

must pursue a coordinated effort to bring on a greater diversity of supply in major metropolitan areas.

Otherwise, the journey to buying a home will get harder and pricier for many buyers. The only long-term solution to affordability is to build more homes to accommodate the needs of our growing region. An affordable housing supply will also be important to sustain the economic competitiveness of the GTA on a global scale.

I invite you to tune into TRREB’s Ready to Real Estate podcast to uncover more topics such as generational wealth transfer. In our newest season, we’ll feature fascinating interviews and thoughtprovoking viewpoints on the latest real estate trends, critical issues facing

today’s marketplace, and the industry as a whole.

Discover more homeownership trends by visiting trreb.ca and explore the latest reports. You can also connect with a TRREB member realtor and search listings in real time on any device.

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

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nexthome.ca 37

BUILDER PROFILE | HUMBER BAY SHORES

MIRABELLA LUXURY CONDOMINIUMS

A PAIR OF STUNNING TOWERS ON THE WATERFRONT Nestled within an area featuring beautiful public parks and pathways, Humber Bay, Shores Park, the Waterfront Trail and High Park to name a few, and facing the expanse of Lake Ontario, Mirabella Luxury Condominiums combines urban living within one of the most natural settings in Toronto.

Standing at 38-storeys, Mirabella – comprising a pair of stunning towers brought together by an elegant classically inspired podium – offers luxury living on the lake shore with awe-inspiring views of Lake Ontario and High Park.

Clad in high-quality precast concrete panels and glazing, the architecture is reminiscent of grand classical buildings near Central Park in New York and takes cues from 38 condolife magazine | Sept. 25–Oct. 23, 2021

the legacy of Toronto’s waterfront exhibition architecture.

“For Mirabella, we brought together a remarkable team to design a timeless building that was not only rich in texture and detail but also environmentally conscious,” says Justin Federbush, vice-president of marketing and operations at Mirabella Development Corp., a Diamante legacy company.

The 38-storey building is well under construction and has already become a beautiful addition to the Humber Bay Shores skyline. On the North side of the building, installation has already begun on one of the largest installations of public art in Toronto on a privacy sector project, which will be seen by over 100,000 people per day. The full extent of the podium’s

north facade will receive a system of more than 500 high-quality and recyclable aluminum panels covered with dye sublimation printed artwork imagery to express the art.

The artwork is titled “Motion in Air (Ma)” and is a stunning piece of public art by Canadian Artist, Jennifer Macklem. The artwork provides a striking depiction of Toronto’s ecology and is a gateway project aimed at sparking curiosity about specific details of the natural world and is inspired by the concept of Environmental Optimism.

Mirabella further demonstrates the developer’s commitment to the environment by being registered under the LEED Green building rating system, with a goal of LEED Gold certification. In addition, Mirabella has

achieved the voluntary Tier 2 level of the Toronto Green Standards V2, which is well beyond what is required by the City.

“Our focus on sustainable features is important to us and the environment. Our initiatives not only reduce our overall footprint but also help promote health and wellness for residents. Homeowners can enjoy expansive outdoor spaces with beautiful trees and greenery, improved indoor air quality, touchless door openers, electric car charging stations, on-site bike share and more,” adds Federbush.

Mirabella is a parkland sanctuary that is minutes from everywhere providing a lifestyle for those looking for urban living away from the congestion of downtown Toronto.

Residents are a short walk away from the verdant High Park as well as the Sunnyside Boardwalk, which offer a multitude of different activities.

With many local neighbourhoods nearby, including Bloor West Village, Roncesvalles Village, and High ParkSwansea, homeowners have close access to an exceptional variety of shops, food stores and restaurants.

Currently selling its final release of suites, Mirabella is offering several suite types including one-bedrooms plus den, high-quality features and finishes with layouts that have been meticulously and intelligently designed with the end user in mind.

Dining areas flow seamlessly with living spaces, and the suites are equipped with sleek and efficient kitchens layouts with premium countertops and stainless-steel appliances. All suites have nine-ft. ceilings, except for the penthouses which have 10-ft. ceilings, and most suites have six-ft.-wide balconies with expansive views of either the Lake or the Park.

The suites not only showcase the developer’s attention to detail and quality but are also up to 20 per cent larger than the average downtown urban condo, providing residents with additional space to live, work and play.

“Being right on the Lake Shore between High Park and Lake Ontario,

we are fortunate to have a site that is surrounded by such a beautiful natural landscape,” says Federbush.

“With Sunnyside Pavilion right at our doorstep, there is nothing that can block our South waterfront views and most views to the North are also clear. In addition, suites do not start until the 12th floor and so almost every suite available provides residents with awe-inspiring views of Lake Ontario or High Park.”

With 20,000 sq. ft. of indoor amenities (10,000 sq. ft. exclusive to each tower) and almost 18,000 sq. ft. of shared outdoor amenities, Mirabella delivers beyond what is required for indoor and outdoor amenity spaces by the City of Toronto. Each tower has its own exclusive array of social, wellness and recreational indoor amenities, including an indoor pool, saunas, a fully-furnished party room with a full kitchen and dining room, a fitness

centre, library, yoga studio, business centre and a children’s play area. Most of these amenities either have a clear view of the lake or the park. There are also two fully-furnished guest suites per building, 24-hour concierge service, and a dog wash room at the ground level.

Additionally, residents can relax and experience a serene oasis overlooking the lake and park through Mirabella’s two outdoor terraces which are framed by lush greenery and combined feature comfortable lounge seating, outdoor dining areas, barbecues, and a water feature. Suites are currently priced from the mid $700,000s. Occupancy is slated for spring 2022.

For further information or to register call or visit the website. mirabellacondos.ca 416.961.8008 info@mirabellacondos.ca

nexthome.ca 39

ADVICE | WESTERN VIEW

NATIONAL LEADERSHIP IS REQUIRED TO ADDRESS HOUSING CHALLENGES

MIKE COLLINS-WILLIAMS

For generations, Canadians have viewed homeownership as not only a major life milestone, but an investment in their future. Just like older homes need repair and investment, housing affordability (and availability) is in desperate need of attention from all levels of government. In the past, you could work hard, save money and buy a home. Now, a growing number of younger Canadians have been left behind, creating a growing wealth gap between them and those who were able to get a foothold in the housing market before it took off.

The current housing crisis threatens to undermine both our quality of life and economic competitiveness. This was recently underscored in a report from a major bank that found that our country has the lowest number of housing units per 1,000 residents of any G7 country, and it’s not getting better. In fact, that number has been falling since 2016 as our population grows. The issues affecting Canada’s housing supply are many, with each level of government wielding influence over different levers that can push and pull housing supply and demand in different directions.

Housing demand in Canada, for example, is primarily driven by immigration and monetary policy, which are responsibilities of the federal government. Good news is, there appears to be a national consensus that housing needs to be a priority. In the recent federal

40 condolife magazine | Sept. 25–Oct. 23, 2021

election, all three major federal parties recognized in their platforms that housing supply is the key issue impacting housing affordability in Canada. On the other hand, many of the factors that impact housing supply are driven by provincial policy.

Municipal decisions are also key to unlocking new housing supply, as they make decisions on land use, zoning, approval timeframes, development charges, parkland fees, and more. Governments at all levels need to prioritize increasing housing supply. This will help keep housing prices down and free up rental properties (which we also have a significant shortage of), as people move into their first homes.

Canada needs more marketrate housing of all forms – lowrise, midrise and highrise, both for ownership and rental. Building more affordable housing (social housing) is as important, but building social housing is not the same as building market-rate housing that Canadians can afford to buy or rent without government subsidy. We need both, and we need to ensure politicians are focused on solutions for housing

affordability for the average Canadian as well as on supporting social housing for those in housing need. At any rate, we’re not building enough social housing to even move the need for the vast majority of Canadians.

With the election in the rear-view mirror, we all need to think bigger about the opportunities this great nation has provided all of us and ensure that new Canadians and young people have the same opportunities.

This requires all three levels of government working together to address housing supply and choice based on forecast demand, with the objective to fundamentally increase housing supply of all types that will ultimately bring affordability to the majority. Governments truly hold the key to unlocking the door to homeownership again.

Mike Collins-Williams, RPP, MCIP, is CEO West End Home Builders’ Association. westendhba.ca.

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ADVICE | THE MARKETING EDGE

BUILDING THE BRAND THE ROLE OF MARKETING IN PRE-CONSTRUCTION REAL ESTATE

NICK MONTELEONE

Having been in business for 23 years as partner and creative director at 52 Pick-up, I have been fortunate to have worked closely with visionary developers and partners that have shaped the landscape and skyline of Toronto and the GTA. Over this time, I have seen the role of the brand evolve. Where brands were once limited to a name and a brochure, these days it is so much more – it is an identity that audiences relate to and connect with.

The brand identity has progressed into the articulation of the developers promise of what a purchaser can expect from the building, from their new home and their new community.

It is the vision of the living experience, helping purchasers understand the new opportunities they can look forward to, how they will enjoy the amenities offered, the proximity to transit and the area surrounding them. Showcasing every aspect of the lifestyle; from working from home, meeting new friends, living a fit lifestyle, relaxing and socializing, to being inspired.

When working with developers to brand a project, I have found that the best brand identities are relatable and reflective of the vision. They are grounded in the architecture, the design and inspiration. They complement the surrounding area, fit into the community, and reflect the values of the target market who will eventually occupy the building or home. To design a brand that

accomplishes all this is our mission, and we do so with intent and purpose.

While the creative aspect of the brand is the fun part, there is a lot of science behind it. It isn’t just about beautiful typography and a lovely visual. The creative process is driven by poignant and strategic research that leads us to articulate a brand strategy.

The “art” of branding, while always focused on the target market, is the embodiment of all the intel from the brand strategy. This is where we create a visual identity for the brand developing a unique visual language that aligns the strategy and promise of the brand with the right aesthetic to appeal to the target market. This stage includes the creation of a logo and/or word mark, a graphic symbol in many instances, a colour palette, typography style and brand guidelines.

This process is how we create a unique personality for the condominium brand; one that speaks

to the target market and entices them to visit the project’s website, register and eventually buy.

Creating the ideal brand is as important as all the other aspects of the new development; it is the most significant aspect of placemaking, ultimately creating desire. And isn’t that the whole point?

Nick Monteleone is Principal and Creative Director, 52 Pick-up Inc., with an extensive background in design. Monteleone is a strong believer in targeted marketing and has helped builder-developer clients sell billions of dollars in new construction over the past 20-plus years. 52pick-up.com

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nexthome.ca 41

ADVICE | ConDo pro

FALL IS THE PERFECT TIME TO BUY A NEW HOME OR CONDO

BARBARA lAwlOR

Ah, autumn, when summer tapers off and fall takes over with cool, crisp air and changing leaves. This is also the time of year for new beginnings, often for people shopping for new homes or getting ready to move into them.

The Goode

42 condolife magazine | Sept. 25–Oct. 23, 2021

A good percentage of buyers are moving to more compact spaces that have a condominium component.

They may be outright condominiums or lowrise homes with shared exterior upkeep. Either way, preparing to live in less square footage – or as I call it, right-sizing – takes some planning.

This is a great time of year to de-clutter. You have a floorplan of your new home or condo, which should be to scale. Do yourself a favour and make scale paper cutouts of your furniture to figure out what will fit where. You’ll also discover which pieces you need to get rid of.

Depending on their condition, you can donate them, sell them online or through an auction, pass them along to family members or put them out for trash pick-up.

Then there are accessories. You know, those Florida seashells, China teapots, macrame hangers, vases in all shapes and sizes, garden gnomes.

Keep in mind that an uncluttered space “lives” larger than one filled with knickknacks. Before you assume anything, ask your kids or family members if they want any of your “stuff.” You might be surprised that younger generations are less likely to want to fill their lives with items the way their parents did. There will be, however, someone out there who considers these items treasures. Fall is a great time to hold yard sales.

You can use the money toward purchasing some multi-purpose furnishings for your new digs.

On an even more practical note, make a checklist of everything you need to do before your move, including booking a condo elevator

and loading bay. If you are shopping for a new home or condo, a checklist is just as important. As I always advise, make yourself must-have and nice-to-have lists. When you shop, take note of things such as square footages, standard features and finishes, location, amenities – and then compare fairly.

Whether you are going new home shopping or counting down the days to your exciting move-in, a little prep work now will save headaches later.

I congratulate you for buying new.

You will benefit from the most upto-date materials and construction techniques. And as with a new car, when you slide into your new home, you get that never-been-lived-inbefore clean smell. It is glorious. You will also feel at home right away, especially if you purchase early enough in the project marketing cycle to select the features and finishes that reflect your personality.

Remember, a new home or condo is one of the largest financial and lifestyle investments you will ever make – so whether you are shopping or moving in, make this fall one of the best times of your life.

Barbara Lawlor is CEO of Baker Real Estate Inc. A member of the Baker team since 1993, she oversees the marketing and sales of condominium developments in the GTA, Vancouver, Calgary and Montreal, and internationally in Shanghai. baker-re.com

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Photo: Enivo vanity by Kohler kohler.ca

INTERIORS

IN THIS SECTION:

SHOWCASE | DECOR | STYLE nexthome.ca 43

INSPIRATION |

decor

ALL FIRED UP

by LINDA MAZUR

As sad as it is to see the warm weather leave us, it does bring on cooler days and nights, perfect for cosying up by the fire. Fireplaces have a certain appeal in a home, adding a warm aesthetic, even when not in use, and somehow are the perfect complement to any decor style. If you reside in a house, adding a fireplace to your home can be done with relative ease. However, condo dwellers may encounter a few challenges, from space to accessibility, ventilation to finding an electric fireplace that looks like a real fire.

Condos and lofts are now being outfitted with gas, or even wood-burning fireplaces. If your home is not so equipped, however, all is not lost. There are many different possibilities that will still give you the beautiful ambiance a fireplace creates, while facilitating any structural or venting limitations you may be facing.

Electric fireplaces have come a long way since they first entered the market. Today, they feature designs that use revolutionary ultrasonic technology to create true-to-life looking flames, as well as smoke effects that simulate a real wood-burning fire. Advancements in technology 44 condolife magazine | Sept. 25–Oct. 23, 2021

have also created the three-dimensional flame, which is a fabulous and realistic design for an electric fireplace.

The “open flame” electric fireplace insert is another great option that enables you to design with electric inserts at an entirely different level, creating stunning fireplaces from a traditional to modern aesthetic.

Choosing the right design and function for your fireplace is key to maximizing the usage and enjoyment of your investment. As space can sometimes be limited, the addition of a fireplace to your condo should be well planned. It’s not simply about function; let’s face it, a fireplace can be a stunning focal point in a space, and can definitely set the mood for the room.

So, the question is: What is the goal of adding a fireplace? It can be a wonderful complement to a welldesigned wall unit that offers you added storage, as well as the fireplace feature. A two-way fireplace can be a great addition to a room dividing wall. Or it can be an amazing stand-alone focal point in a space. Are you looking to create drama in your home by using a stunning piece of marble for your fireplace facade; or are

PHOTO: MARBLETREND.COM

you looking to create a bit more of a warm, relaxed vibe?

Whichever way you choose to incorporate a fireplace in your home or condo, rest assured the choices are seemingly endless when designing the facade. From fun, panelled wall details to amazing dimensional and textured wall tiles, to concrete, wood, marble and so many more design selections, you can create a wonderful new feature in your home.

We are fortunate to have a multitude of fireplace options and functionalities available to us today that no longer restrict condo-dwellers from enjoying the seasonal charms and comforts of a roaring fire. Whether your tastes veer to the more traditional, or whether you’re out to make a bold statement, you undoubtedly have an abundance of options and design inspirations to draw on.

With the seasons changing, and the colder days fast approaching, it’s time to create for yourself an inviting, relaxed space for those chilly nights ahead.

Linda Mazur is an award-winning, nationally publicized designer and Principal of Linda Mazur Design Group. With almost two decades of experience this in demand multi-disciplinary design firm is known for creating relaxed, stylish spaces and full-scale design builds within Toronto, the GTA and throughout Canada. lindamazurdesign.com @LindaMazurGroup nexthome.ca 45

INSPIRATION |

big style, small spaces

The advantages of living in a

condominium townhome

by LISA ROGERS

Condominium townhome living has a lot of perks. It’s an ideal choice for a family who wants the feel of a single-family home without all the maintenance responsibilities that go along with it. Also advantageous is the fact that many townhomes are typically built in a neighbourhood development (so you get that great community feel) with a multi-floor plan, designated parking spots and/ or garages.

With many Toronto lowrise home prices soaring over the past several years, many people can’t afford the deposit on a new home.

I’ve been working with Dunpar Homes on a fabulous new townhome community called Streetsville Centre, nestled in the quaint village of Streetsville, in the centre of Mississauga.

These are seriously next level. Each Georgian-style home has incredible features: Nine-ft. ceilings on the 46 condolife magazine | Sept. 25–Oct. 23, 2021

main floor, a gas fireplace, stainless steel appliances, granite countertops and custom cabinetry (plus soaker tubs and double-sinks!), but one of my personal favourite features is the ground gardens and rooftop patios.

Having that extra space is crucial for our short-lived, but loved, summers in the city.

If you’re thinking of buying a condo townhome, here are a few of the main advantages: A CLASSIC THAT NEVER GOES OUT OF STYLE

There’s a certain historic and timeless quality of a condo townhome.

They’re found in virtually all great cities of the world – Paris, London, Boston, New York, and now across the GTA. They stand the test of time; they’re never victim to the trends of home builds, and therefore, they just grow in value as time goes by. It’s a great investment.

ALL THAT GREENSPACE

A condo townhome and the land it sits on is owned entirely by the homeowner, so there is a certain joy in knowing this small plot of land is yours to do with as you please.

Whether you’re hosting a backyard barbecue or creating your own little garden, your outdoor space is your small oasis. Plus, some townhome associations include lawn maintenance and landscaping for a monthly fee – an amazing convenience for those who would prefer someone else do their yard work!

LOWER MAINTENANCE

The maintenance of a condo townhome is far less than a single-family home. Typically, in a townhouse community, the homeowners’ association handles all the external maintenance to ensure a uniform appearance across all

townhomes in the community and the owner is responsible for basic maintenance of the interior.

PART OF THE COMMUNITY

Because condo townhome residents tend to live in close proximity to each other, you can really get to know your neighbours and build that tight-knit community amongst yourselves. This can also give you peace of mind, knowing you’re all looking out for each other.

MULTI-LEVEL IS A MAJOR PLUS

Unlike highrise living, one of the benefits of living in a condo townhome is the multi-level floorplans. You will have plenty of space (and privacy) for you and your family with bedrooms upstairs, spacious kitchens and even the option of fully-funished basements.

In addition, with so many of us working from home, this floorplan layout is ideal for carving out a space specifically for your home office.

URBAN LIVING

Condo townhomes are designed for a convenient lifestyle. They’re located in

urban centres with lots of amenities, shopping, restaurants, attractions and entertainment right at your fingertips.

Good builders will often build in areas that provide public transit and easy access to the city, so homeowners are close to the necessities of everyday living.

Lisa Rogers is Executive Vice-President of Design for Dunpar Homes (dunparhomes.com). Lisa has shared her style and design expertise on popular television programs such as Canadian Living TV, House & Home TV and as a regular guest expert for fashion and image, health and wellness and design on CityTV’s Cityline.

Follow Lisa’s blog at craftedbylisa.ca

nexthome.ca 47

INSPIRATION |

powder room

Perfecting the

style file

Effective ways to make your powder room pop

P

by MICHELLE BERWICK photos LARRY ARNAL owder rooms are generally our little sanctuaries where we stop in only for a brief time. But this doesn’t mean that they should be forgotten and overlooked. On the contrary, they can make a stylish and bold statement that complements the vibe and flow of the rest of your home.

48 condolife magazine | Sept. 25–Oct. 23, 2021

As a designer, one of my favourite spaces to tackle is the powder room, as this little jewel is where homeowners are often willing to take a risk. This allows us to stretch our design muscles and have a little fun. The powder room is the only bathroom your guests will see so, lets knock their socks off!

Statement tile There are many options on the market today for lovely, patterned tiles. Everything from authentic encaustic cement to less expensive ceramic versions that are a little easier to maintain. Tiling the wall can have a huge impact on the overall look of the space.

In this powder room, we brought the dramatic tile up onto the walls. This classic black small-scale herringbone creates texture and drama in this small space, and connects nicely with the warm wood of the vanity and floor.

Wallpaper wow While tile can definitely make a statement, wallpaper can really wow! In a powder room, you are not dealing with the moisture and humidity from a bath or shower, so almost any wallpaper can work. A bold floral makes a huge statement and encases you in beauty when you walk in the door. While you may not want this much pattern and colour in a more frequently used room, it works well for a powder room, as you stop in for just a moment, appreciate the beauty and then head out again. A perfect pop of drama in your day.

This large-scale organic pattern is the ultimate showstopper, and the ring light provides the perfect light to touch up your makeup.

In this beautiful powder room, we took a simple white hexagonal tile and wrapped the wall and floors for maximum impact. The black grout really makes it pop and helps bring further drama to the space.

nexthome.ca 49

Other elements to consider in your powder room are the accessories and details. Beautiful soap dispensers and luxury towels will give your guests a moment of pampering while in your space. Just purchase large format hand soap refills to top up your pretty pump. It’s more environmentally friendly, too. Win-win. A vase with fresh flowers or dried pampas grass can add that final bit of finish to create a unique space.

Etc. We’ve covered tile and wallpaper, so what else is there? Well, what about the trim? Or paint? Or both! In another powder room, we designed a beautiful asymmetric trim wall and then painted it a lovely shade of blue. (See it reflected in the mirror there?) This colour is repeated in other areas of the home, so the powder room feels cohesive in its design, but special all at once. Such a great, budget-friendly trick.

Art can also provide a beautiful backdrop and bring a space to life. These details are present in almost every powder room we create for our clients, and while they might not be obvious, they really can create the most stylish of spaces.

Award-winning designer Michelle Berwick is Principal and Creative Founder of Michelle Berwick Design. For almost a decade, this GTA firm has been sought after for providing livable stylish and uniquely personal interiors. michelleberwickdesign.com

50 condolife magazine | Sept. 25–Oct. 23, 2021

INSPIRATION |

around town

ROSE CITY GOODS LOCALE

IN STORE

1504 Dundas St. W., Toronto | 416.994.5979 | rosecitygoods.com

PHOTO Arden Wray

Horizontal PLANTER in bloom.

Starting from $72

R

ose City Goods is a home decor and gift shop created with the idea that decor and design could be done uniquely and sustainably. “I felt like there was a need for beautifully designed, ethically made home decor items with a retro yet timeless aesthetic,” says Christie Pinese, owner of Rose City Goods. The shop’s contents stem from her love of handmade ceramics, textiles and all things vintage. “I am heavily inspired by decor and design trends of the 60s, 70s and 80s, and I try to balance that with quality items that are classic,” explains Pinese. Each piece is thoughtfully curated, and they carry an array of one-of-a-kind items, many of which are handmade. “My goal with this shop was for it not to feel like a store. When people enter the shop, I want them to feel like they are visiting a friend’s home.”

Lina linen PILLOW. $128 each

Dream shopper?

“Interior designers. I would love to see more of our goods in their clients’ homes.”

SE

ISTIE PINE

R OWNER CH

Bluegrey speckled MUG. $45

Pour over CARAFE in amber. $115

nexthome.ca 51

INSPIRATION |

product showcase

n o i t a r i p s in

Home

A revolutionary surface BATHROOM STAR Enivo promises to be the star of your bathroom. Textured drawers and panels juxtapose against glossy moulding in the chest-like cabinet base, while the rich finishes of the ribbed baton-style hardware add visual interest and bright pops of contrasting metal. KOHLER | kohler.ca

Renovator’s dream shop Quartz countertops offer great beauty, value, durability and maintenance-free simplicity. Beyond Marble and Granite fabricates and installs quartz and granite countertops for kitchens, bathrooms and laundry rooms, and can also customize fireplace surrounds. The company also offers a wide range of products such as custom cabinetry, porcelain tile, mosaics, faucets, sinks and more. Visit BMG’s showroom in Vaughan for professional customer service and competitive prices.

BEYOND MARBLE AND GRANITE | beyondmarbleandgranite.com

52 condolife magazine | Sept. 25–Oct. 23, 2021

GEOLUXE introduces the Reflection Collection, a series of five new colours inspired by the Japanese art of stone appreciation also known as Suiseki (水石).

This collection will take you on a journey of exotic art that is sure to liven your space and heighten your senses. The first two colours, Wool and Greige, are now available exclusively at Ciot.

CIOT INC. | ciot.com

A PROPER THRONE If you are looking for a bidet toilet that can do it all, then this smart toilet is for you. Don’t settle for second best.

The TitanDT-300 provides all the luxuries and features that a modern toilet should, and then some. With built-in sensors, the TitanDT opens automatically, and flushes when you get up. Along with a built-in bidet, a self-cleaning nozzle, warm air dryer, night light, self-rising and falling cover, and massage cleansing, the Titan will do it all. Give your castle a proper throne. Available on costco.ca, search for Ecoway or TitanDT. ECOWAY | costco.ca

ONE-STOP SHOPPING Lumberland North Inc. is Canada’s largest vanity showroom. Known for using the highest quality building materials, the company offers a wide selection of products, from stones and marble, to kitchen and vanity hardware, at amazing prices. This family-owned and operated company has been offering products that you need to get the job done for home renovation projects in and around Brampton for five decades. From custom cabinetry to plumbing fixtures and crown moulding, Lumberland North has it all – a one-stop shop for homebuilding and decor. Take advantage of its services in and around Brampton. LUMBERLAND NORTH INC. | lumberlandnorth.com

Form meets function

This four-ft. wide wood and steel bench by Canadian furniture craftsman Matthew Young mixes materials, bringing together the artist’s vision of “form meets function.” Spalted maple sits on a mix of flat steel and steel tube legging, and the result is a beautiful, sturdy and functional piece that works inside or out.

MY WOOD TABLE | mywoodtable.ca

Oasis of your dreams

Small space? No problem! Introducing the new Sequence, showcasing an open-concept feel and a more modern take on the alcove-style tub. What’s more, choose a newly released, compatible two-sided door from Fleurco’s most popular models. Create the oasis of your dreams, even with less space! FLEURCO | fleurco.com nexthome.ca 53

trend watch

Toronto INSPIRATION |

#FINDS

THE COOLEST DECOR ITEMS AROUND THE CITY

2

by SARA DUCK

3

8 The colour lilac is trending this season!

4

7

1 5

6

1. Geometric LED FIXTURE in gold stainless. $6,578. casalife.com | 2. Irving CHAIR. $815. eltemkt.com | 3. Sunset soy CANDLE in swell. $34. rosecitygoods.com | 4. Cubitos RUG by Minna Goods. $1,250. rosecitygoods.com | 5. Orange cactus SILK CUSHION with insert. $85. lushandfound.com | 6. Terrace COFFEE TABLE in natural walnut. $1,249 to $1,349. casalife.com | 7. Wall CLOCK in black. $109. kare-design.com | 8. VASE Marvelous Duo Blue Purple. $79. kare-design.com 54 condolife magazine | Sept. 25–Oct. 23, 2021

1st Place Compact Kitchen Martin DeSousa

1st Place Small Kitchen Linnea Lions

1st Place Medium Kitchen Beverly Binns

1st Place Large Kitchen Glen Peloso & Elizabeth Smith

Turn your DREAM into REALITY

Why Hire an NKBA Professional: • Skills to Design and Plan Safe and Functional Kitchens and Baths • Understand the Industry Environment, Future Trends & Consumer Lifestyles

• Operate and adhere to a strict code of ethics under the guidelines of the NKBA • Utilize Industry Information for Designing & Planning • Research Building Codes and Current Industry Practices

nkba.org/chapters/ontario-canada/

The National Kitchen & Bath Association (NKBA) is a non-profit trade association that promotes the professionalism of the kitchen and bath industry. Established in 1963 as a network of kitchen dealers, it has grown into the premier association of distributors, retailers, remodelers, manufacturers, fabricators, installers, designers and other professionals. The NKBA’s certification program emphasizes continuing education and career development and includes designers and professionals in all segments of the kitchen and bath industry. The NKBA has become a valuable resource for both professionals and consumers.

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For full contest details & rules visit the link above.

Two Prizes awarded each Issue of Condo Life

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CONDO PROFILES

Pinnacle Toronto Cypress

developer: style: size: prices from: features:

Toronto

PINNACLE INTERNATIONAL

Highrise Up to 1,145 sq. ft.

The mid $600,000s • Suites include 9’ ceilings, laminate flooring, quartz countertops • Suites with full size appliances • Amenities include: gym, yoga room, party room, kids play area and outdoor terrace contact: 416.596.1600 • info@PinnacleEtobicoke.ca location: 5475 Dundas St. West (west of Kipling)

Oro at Edge Towers

Mississauga

MRKT Alexandra Park

developer: style: size: prices from: features:

contact: location:

Toronto

TRIDEL Highrise from 630 -1235 Sq. Ft. $900,000s • New Release of 2 and 3 Bedroom Suites • Steps from Toronto’s Kensington Market, Queen West and Chinatown.

• Lifestyle amenities designed to connect spaces and people. A Two-Storey Gym, Swimming Pool & Rooftop Terrace, Private, Landscaped Courtyard, Outdoor Terrace, & Garden, Kids’ Zone and Youth Zone Tridel.com Dundas St. W. + Denison Ave.

Mirabella Condos

Toronto

developer: MIRABELLA DEVELOPMENT CORPORATION, A

LEGACY COMPANY OF DIAMANTE

style: size: Prices from: features: developer: style: size: features:

SOLMAR DEVELOPMENT CORP

Highrise 500-1840 sq. ft.

• 1 bed, 1 plus den, 2 bed, and PH 3 plus den.

• 24 hour concierge service.

• 9 ’ ceiling heights on floors 2-49; 10’ in penthouse units on 50th floor.

• Two party rooms with outdoor terraces, a state-ofthe-art gym, yoga studio, private movie theatre, games room, sports lounge, wifi lounge, and more.

• We are the only downtown Mississauga new condo community located directly on the new LRT. contact: (905) 804-0592 presentation centre: 9291 Jane Street, Vaughan ON L6A 4J3

Highrise 550 sq.ft. to 1539 sq.ft. the mid $700,000s • 1B+D, 2B, 2B+D, and 3B suites with spacious layouts, 9’ ceilings (10’ for penthouses), and premium features and finishes • Awe-inspiring views of Lake Ontario or High Park from all suites and amenities • Indoor Amenities (exclusive to each tower) include an indoor pool, party room with catering kitchen, library, yoga studio, fitness centre, business centre, children’s play room, dog wash room, two guest suites and 24-hour concierge • Outdoor Amenities include two shared outdoor terraces with bbqs, lounge furniture, dining areas, and lush greenery • Nestled within an area featuring beautiful public parks and pathways, Humber Bay, Shores Park, the Waterfront Trail, High Park, and Lake Ontario contact: mirabellacondos.ca | 416-961-8008 location: 1926 Lake Shore Blvd W., Toronto, ON M6S 1A1

HOT PROPERTIES | GREATER TORONTO AREA

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MAPS

CARTOGRAPHY: MARKETMAPS.COM

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

nexthome.ca 59

HOT PROPERTIES

FIND YOUR NEXT HOME

The latest properties in the Greater Toronto Area to keep your eye on

Legend: HR = High Rise CTH = City Home MR = Mid Rise LO = Loft LR = Low Rise LW= Live Work PH = Penthouse RH = Row Home TH = Townhouse

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CONTACT

Etobicoke..............................Mirabella ........................................................... HR ......................... 1926 Lake Shore Blvd. W. ..............................................mirabellacondos.ca Etobicoke..............................Westerly ............................................................ HR ......................... Islington & Dundas............................................................................tridel.com Etobicoke..............................Evermore at West Village ............................ HR ......................... Eva Rd. & The West Mall ...................................................................tridel.com Etobicoke..............................Humberwood Heights ........................... CTH/FTH ................... 50 Humberwood Blvd. .......................................tributecommunities.com Etobicoke..............................Cypress at Pinnacle Etobicoke ................... HR ......................... 5475 Dundas St. W. ................................................pinnacleinternational.ca Etobicoke..............................Verge ................................................................. MR ......................... Islington & The Queensway ........................................... vergecondos.com Etobicoke..............................36 Zorra Condominiums.............................. MR ......................... 36 Zorra................................................................... altreedevelopments.com Markham/Unionville..........Panda Markham ............................................. HR ......................... 8200 Warden Ave. ............................................lifetimedevelopments.com Markham/Unionville..........Varley Condo Residences .............................LR.......................... 20 Fred Varley.........................................................tributecommunities.com Markham...............................Canvas on the Rouge.................................... MR ......................... Donald Cousens Pkwy & Ninth Line ................................. flatogroup.com Mississauga ..........................Amber at Pinnacle uptown ......................... HR ......................... 5044 Hurontario St. ..............................................pinnacleinternational.ca Mississauga ..........................Perla Towers at Pinnacle Uptown.............. HR ......................... 5044 Hurontario St. ..............................................pinnacleinternational.ca Mississauga ..........................Oro at Edge Towers ...................................... HR ......................... 24 Elm Dr.W..........................................................................................solmar.ca Mississauga ..........................Brightwater Condos .....................................CTH........................ 70 Mississauga Rd. S. .......................................mybrightwatercondos.com Mississauga ..........................Artform Condos.............................................. MR ......................... 86 Dundas St. E. ............................ artformbyemblemdevelopments.com Mississauga ..........................M4 at M City..................................................... HR ......................... 3891 Redmond Rd. at Burnhamthorpe .............................urbancapital.ca North York ............................M2M ................................................................... MR ......................... Yonge & Finch ..................................................................... m2mcondos.com North York ............................The DIamond .................................................. HR ......................... 5336 Yonge St.................................diamond.diamantedevelopment.com Oshawa .................................U.C. Condos..................................................... HR ......................... Simcoe St. N. & Winchester Rd. W. ....................tributecommunities.com Scarborough ........................Pinnnacle Toronto East ............................... HR ......................... 3260 Sheppard Ave. E. .........................................pinnacleinternational.ca Scarborough ........................Perch Condos ................................................. MR ......................... 4694 Kingston Rd....................................................................... firmland.com Toronto .................................10 St. Mary Street ........................................... HR ......................... 10 St. Mary St. ....................................................lifetimedevelopments.com Toronto .................................111 River St. Condos ...................................... HR ......................... 111 River St. .........................................................lifetimedevelopments.com Toronto .................................200 Queens Quay W. .................................... HR ......................... 200 Queens Quay W. ......................................lifetimedevelopments.com Toronto .................................40 210 Bloor St. W. ........................................ HR ......................... 210 Bloor St. W. .....................................................tributecommunities.com Toronto .................................489 Wellington St. W. ................................... HR ......................... 489 Wellington St. W. .......................................lifetimedevelopments.com Toronto .................................500 Dupont St. ............................................... MR ......................... 500 Dupont St. ...................................................lifetimedevelopments.com Toronto .................................Aqualuna at Bayside ..................................... HR ......................... 200 Queens Quay East ...................................................................tridel.com Toronto .................................Artistry Condos ............................................... HR ......................... 292 Dundas St. W. ..................................................tributeartistrycondos.ca Toronto .................................Panda Condos................................................. HR ......................... Yonge & Dundas. ...............................................lifetimedevelopments.com Toronto .................................Skytower at Pinnacle One Yonge .............. HR ......................... 1 Yonge St. ...............................................................pinnacleinternational.ca Toronto .................................The Prestige at Pinnacle One Yonge ....... HR ......................... 1 Yonge St. ...............................................................pinnacleinternational.ca Toronto .................................Tridel at the Well ........................................ MR/HR ..................... Spadina Ave. & Wellington St. .....................................thewelltoronto.com Toronto .................................Via Bloor ........................................................... HR ......................... Bloor & Parliament. ...........................................................................tridel.com Toronto .................................The PJ Condos ............................................... HR ......................... 283 Adelaide St. W..................................................pinnacleinternational.ca Toronto .................................36 Eglinton Ave. W. ....................................... HR ......................... 36 Eglinton Ave. W. ..........................................lifetimedevelopments.com Toronto .................................Linx Condominiums ...................................... HR ......................... Danforth & Main ................................................ tributecommunicties.com Toronto .................................Y&S Condos .................................................... HR ......................... 2161 Yonge St. .......................................................tributecommunities.com Toronto .................................Burke Condos ................................................. HR ......................... Bloor & Sherbourne ................................................. concertproperties.com Toronto .................................MRKT Alexandra Park .................................MR HR...................... Dundas & Spadina .............................................................................tridel.com Toronto .................................181 East ............................................................. HR ......................... 181 Sheppard Ave. East ...................................................................stafford.ca Toronto .................................Avenue & Park ................................................. MR ......................... Avenue Rd. & Bedford .....................................................................stafford.ca Toronto .................................50 at Wellesley Station.................................. HR ......................... 50 Wellesley St. East ................................................................pureplaza.com Toronto .................................No. 1 Yorkville.................................................. HR ......................... 1 Yorkville Ave............................................................................pureplaza.com Toronto .................................Theatre District Residences......................... HR ......................... Adelaide & Widmer ..................................................................pureplaza.com Toronto .................................Bijou on Bloor ................................................. MR ......................... 2450 Bloor St. West..................................................................pureplaza.com Toronto .................................The Briar on Avenue .....................................CTH........................ 368 Briar Hill Ave. .....................................................................pureplaza.com Toronto .................................One Seventy .................................................... HR ......................... Spadina & Queen St. West ......................................................pureplaza.com Toronto .................................King West & Charlotte ................................... HR ......................... King St. West & Charlotte........................................................pureplaza.com Toronto .................................Forest Hill Private Residences..................... MR ........................ 2 Forest Hill Rd. ..................................................... altreedevelopments.com Toronto .................................Oscar Residences ........................................... MR ......................... 500 Dupont St. W. at Bathurst...................................oscarresidences.com Toronto .................................Whitehaus ........................................................ HR ......................... Yonge & Eglinton ...............................................lifetimedevelopments.com Toronto .................................Liberty Market Tower..................................... HR ......................... 171 East Liberty St. .............................................lifetimedevelopments.com Toronto .................................XO Condos....................................................... MR ......................... King & Dufferin...................................................lifetimedevelopments.com Toronto .................................234 King East ................................................... HR ......................... 234 King St. E. ...............................................................emblemdevcorp.com Toronto .................................The Dupont ..................................................... MR ......................... Dupont & Ossington.........................................................................tridel.com Toronto .................................Bianca Condos................................................ MR ......................... 420 Dupont St ....................................................................................tridel.com Thornhill ...............................Royal Bayview ................................................ MR ......................... Bayview Ave. & Royal Orchard Blvd. ............................................tridel.com Toronto .................................LeftBank ............................................................ HR ......................... River St. & Dundas St. East..................................................... broccolini.com Vaughan ................................Park Avenue Place 1 & 2 ............................... HR ......................... Jane St. & Rutherford Rd. ................................................................solmar.ca Vaughan ................................The Vincent...................................................... MR ......................... Jane St. & Hwy. 7 ........................................................................ thevincent.ca Vaughan ................................The Rose Hill Condos ................................... MR ......................... 177 Woodbridge Ave.......truecondos.com/capital-north-communities Vaughan ................................SXSW Condos .................................................. HR ......................... Islington & Steeles..........................................................primonthomes.com Whitby ...................................The Landing Whitby Harbour ................. HR/MR ..................... 1604-1616 Charles St. .................................................................carttera.com

MAPS

Locate properties using the map on the previous page

60 condolife magazine | Sept. 25–Oct. 23, 2021

+

BUILDERS IF YOU WOULD LIKE TO INCLUDE YOUR PREVIEW REGISTRATION, NEW RELEASE OR SITE OPENING IN THIS FEATURE, JUST EMAIL THE DETAILS TO EDITORIAL@NEXTHOME.CA

HOT PROPERTIES | OUT OF TOWN

FIND YOUR NEXT HOME

The latest properties in the Out of Town Area to keep your eye on

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nexthome.ca 61

HOT PROPERTIES | SOUTHWESTERN ONTARIO AREA

KITCHENER–WATERLOO

Guelph

Waterloo

Milton

Kitchener

Cambridge

5

Brantford

Hamilto n 11

4

13

3 1

14

2 12

LONDON

15

London

62 condolife magazine | Sept. 25–Oct. 23, 2021

Mississauga

20

17 18

Oakville 19

6

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

7

Burlington

23 10

16

21

St Catharines22

Niagara Falls

8

24

Welland

CARTOGRAPHY: MARKETMAPS.COM

9

nexthome.ca 63

HOT PROPERTIES

FIND YOUR NEXT HOME

The latest properties in the Southwestern Ontario Area to keep your eye on

Legend: HR = High Rise CTH = City Home MR = Mid Rise LO = Loft LR = Low Rise LW= Live Work PH = Penthouse RH = Row Home TH = Townhouse

MAP LOCATION 1.

SITE

TYPE ADDRESS

CONTACT

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

2.

Ancaster ................................Tiffany Hill ......................................................CTH........................ Raymond Rd. & Rymal Rd. ...................................... rosehavenhomes.com

3.

Brantford...............................The Ambrose Condos .................................. MR ......................... 401 Shellard Ln ...................................................... theambrosecondos.com

4.

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

5.

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

6.

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

7.

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

8.

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

9.

Fonthill ..................................The Fonthill ..................................................... MR ......................... Rice Rd ................................................................................ elitemdgroup.com

10.

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

11.

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

12.

Hamilton ...............................Electric Avenue ......................................... HR/CTH .................... Upper James & Rymal Rd............................................... elitemdgroup.com

13.

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

14.

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

15.

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

16.

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

17.

Oakville .................................5 North .............................................................. MR ......................... 1388 Dundas St. W. ...................................................... mattamyhomes.com

18.

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

19.

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

20.

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

21.

St. Catharines.......................88 James .......................................................... HR ......................... 88 James ............................................................................ elitemdgroup.com

22.

St. Catharines.......................St. Kitt Urban Towns .....................................CTH........................ Oakdale Avenue & Merritt Street ...............................stkittsurbantowns.ca

23.

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

24.

Welland .................................L’eau ...................................................................LR.......................... 1 Albert St................................................................. info@elitemdgroup.com

MAPS

Locate properties using the map on the previous page

64 condolife magazine | Sept. 25–Oct. 23, 2021

+

BUILDERS IF YOU WOULD LIKE TO INCLUDE YOUR PREVIEW REGISTRATION, NEW RELEASE OR SITE OPENING IN THIS FEATURE, JUST EMAIL THE DETAILS TO EDITORIAL@NEXTHOME.CA

ADVERTISER INDEX — Find ads easily inside this edition 52 Pick Up ................................................................................... 1 4 Access Storage ...........................................................................1 7

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Lucchetta Homes ..................................................................... 6 7 Mirabella Development .................................................. 4, 5, 57 Mountainview Building Group ............................................... 1 3 Pinnacle International ........................................................57, 68 Solmar ...................................................................................15, 57 Tridel ........................................................................................9, 57

www.blackanddecker.ca |

@blackanddeckerca nexthome.ca 65

ADVICE | INDUSTRY REPORT

ONE HUNDRED YEARS OF

BILD AND HERE’S TO ONE HUNDRED YEARS MORE

Our association came into being on April 5, 1921, when five builders from Toronto gathered at 26 Adelaide St. W. Their objective that day was to create an industry association for Toronto’s homebuilders. The new organization was aptly named the Toronto Home Builders’ Association and the first president was Howard Addison Johnston.

Our association has been there over the years – through the Great Depression, the Second World War, the post-war period of rapid expansion, and later the founding of what was to become the Canadian Home Builders’ Association and the Ontario Home Builders’ Association.

With the creation and expansion of the Municipality of Metropolitan Toronto, we became the Metropolitan Toronto Home Builders’ Association.

We were there through the rise of the condominium after the introduction of the first Condominium Act in 1968, and the passing of the Ontario Building Code in the 1970s. We represented the industry through the turbulent 1980s, which came in with a 22.5-per-cent interest rate, and went out with a downturn in housing that would last until the mid-1990s. With the creation of the Greater Toronto Area, we evolved again to become the Greater Toronto Home Builders’ Association. Then on to the Growth Plan, the merger with the Urban Development Institute to create BILD, and the last decade and a half of unprecedented growth.

66 condolife magazine | Sept. 25–Oct. 23, 2021

In the 2000s, the Growth Plan directed where growth should occur – preferably around existing infrastructure and transit.

current provincial government has brought in welcome changes with its Housing Supply Action Plan, but it is up to the municipalities to do the work of updating their policies to meet the new requirements.

With more than four million more new residents expected by 2051, now is the time to ask ourselves what type of future we want and have an honest, open and factual dialogue about the challenges and realities of accommodating population growth.

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

+MORE CONTENT ONLINE nexthome.ca

PHOTO: SHUTTERSTOCK

DAVE WILKES

As we close out our first 100 years and as we (hopefully) approach the aftermath of the most serious global pandemic in 100 years, it is clear that our region is facing some very difficult decisions on the future.

Looking forward to the next 100 years, BILD’s role is more vital than ever. Layers of policy, regulation and red tape are hampering the industry’s ability to meet the GTA’s demand for housing, distorting the market and ultimately threatening the competitiveness of the region and our collective quality of life.

For the last 100 years, the cities and towns of the GTA have been a beacon, welcoming new Canadians from all over the world. This, combined with natural population growth and the massive rural-tourban migration of the last century, consistently made the GTA one of the fastest-growing urban areas in North America.

From 1920 to 1950 the population doubled, then doubled again by the start of the 1990s and then again to today. Residential, commercial and institutional development has provided housing, employment spaces, schools, hospitals and all the recreational amenities we enjoy today, for nearly seven million people.

The GTA generates 20 per cent of Canada’s GDP and 50 per cent of Ontario’s GDP. Our quality of life and economic strength are rooted in our ability to attract and retain highly educated and skilled workers and provide them with desirable places to live, work and play.

Unfortunately, in the last 20 years, building more homes and workspaces has been more restricted, costly and time consuming than ever. The

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