JULY 30 - AUG 27, 2016 VOLUME 20, ISSUE 15, FREE (4 WEEK ISSUE)
GTA EDITION
You call it a staycation. We call it Pemberton. Everything a home should be.
INSIDE THIS ISSUE
LAND-USE REGULATION IMPACTING AFFORDABILITY
INVESTORS: THIS IS WHAT RENTERS WANT
WHAT DO YOU KNOW ABOUT FRACTIONAL OWNERSHIP?
BUILT for outdoor living. Find what you’re looking for at SQ2 — the second stage in a grand production that’s revitalizing one of Toronto’s most iconic cultural landscapes. Ideally located at Spadina and Queen, The Lanes at SQ2 is a collection of five Courtyard Towns and eleven Garden Suites. The luxurious three-storey towns offer uncompromised living and outdoor space. Each two-storey Garden Suite provides landscaped gardens and direct access to all of SQ2’s amenities. Live life in The Lanes at SQ2.
MOST AWARDED DEVELOPER AT THE 2016 BILD AWARDS, IN RECOGNITION OF OUR COMMITMENT TO THE BEST IN DESIGN, CONSTRUCTION AND CUSTOMER CARE. ©Tridel 2016. ®Tridel, ”D” design, Tridel Built for Life, Tridel Built for Life Design, and Built Green. Built for Life are registered Trademarks of Tridel Corporation. Project names and logos are Trademarks of their respective owners. All rights reserved. Illustrations are artist’s concept only. *Prices and Specifications subject to change without notice. E.&O.E. July 2016.
NOW SELLING Garden Suites from the $800’s* Townhomes from $1.43 million* Presentation Centre 519 Queen Street West 416.661.1949
tridel.com
tridel.com
I N T R O D U C I N G
Introducing The Foxbar Collection at Blue Diamond, a new release of spacious 2 & 3 bedroom luxury suites and town homes within the exclusive Imperial Village community at Avenue Road and St. Clair, distinctly Forest Hill.
S U I T E S & T OW N H O M E S F RO M
$850,000 TO $2,695,000 BOOK YOUR PRIVATE APPOINTMENT KEVIN CRIGGER • 416.925.2501
T H E F O X B A R . C A
Broke rs Prot e cted. Sales Representativ e: Kev in Crigger. Johnston & Daniel a division of Royal LePage Real Estate Ser vices Ltd., Broker age. Prices and specifications are subject to change without notice. Il l ustr ations are ar tist’s concept. E. & O.E.
Editors' Notes
Susan Legge Editor-in-Chief / Director of Content Yellow Pages NextHome Email: Susan.Legge@ypnexthome.ca Twitter: @SusanLegge
EXPLORE WEST QUEEN WEST
MORE PHOTOS ONLINE ypnexthome.ca/west-queenwest
Targeted info for your benefit We recently brought a formal focus group of Canadians together to ask about real estate. We specifically questioned what factors in someone’s life would make them want to move. One of the top three reasons was the desire to live in a different neighbourhood. Respondents said they wanted access to better schools and amenities such as transit, shopping, greenspace and parks. With so many areas for you to choose from, we created a Canadawide resource of neighbourhood
information and listings — on a local level. On YPNextHome.ca, you’ll find statistical information on more than 2,700 neighbourhoods, featuring data, listings, fun facts and more. We’ve got a ton of interesting info on key residential neighbourhoods, including photos and video tours. Check out West Queen West, for example. We hope you’ll explore a few of the neighbourhoods we’ve curated for you on our website. Drop us a line or send a photo to tell us what you love about your favourite neighbourhood.
City living
Elisa Krovblit Senior Editor Yellow Pages NextHome Email: elisa.krovblit@ypnexthome.ca Twitter: @ElisaKrovblit
+ get social 2 YPNEXTHOME.CA
City living — some people love the pace and crave it 24/7. That’s me. I know a lot of people prefer a quieter area, a slower pace, a suburban lifestyle — but I jokingly say that if I cannot walk to a store that’s open within five minutes, any time of the day or night, that I’ve left civilization. Urban living isn’t for everyone, but for those who can’t leave the hustle and bustle behind, there really is something for everyone. Developers have become keenly aware that condo living isn’t onesize-fits-all. Shop around and you’ll find the marketing material
as interesting as dating profiles. Some have flash — great design and boutique style, while others focus on square footage over bells and whistles to keep the cost-conscious in mind. There is everything from the convenience of a pied-à-terre to the larger units for family living out there. You just have to find the right fit. And we’re here to help. Enjoy this issue of New Condo Guide. We’ve got everything from pre-construction to move-in ready in this issue. Visit us online at YPNextHome.ca for more listings and condo living insight.
Interact with us on social media: ypnexthome
CONDOMINIUM RESIDENCES AT YORKVILLE & YONGE STEPS TO SUBWAY AND PATH • STARTING FROM $487,000 FOR A LIMITED TIME, YOU CAN PURCHASE ANY ONE BEDROOM UNIT FOR ONLY 10% DOWN*.
1YORKVILLE.CA
PRESENTATION LOUNGE 162 CUMBERLAND ST. (416) 519-2911
@BazisInc
PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. E. & O.E. RENDERING IS ARTIST’S CONCEPT ONLY. *SEE SALES REPRESENTATIVE FOR DETAILS
JUL 30 - AUG 27, 2016 | NEW CONDO GUIDE 3
Contributors
BILD REPORT
BRYAN TUCKEY Bryan Tuckey is president and CEO of the Building Industry and Land Development Association (BILD) and can be found on Twitter (twitter.com/bildgta), Facebook (facebook.com/bildgta), Youtube (youtube.com/bildgta) and BILD’s official blog (bildblogs.ca).
PRESIDENT, YELLOW PAGES NEXTHOME
Jacqueline Hill EDITOR-IN-CHIEF / DIRECTOR OF CONTENT
Susan Legge DIRECTOR OF SALES
Moe Lalani ASSOCIATE PUBLISHER
Anne-Marie Breen
LEGALLY SPEAKING
JAYSON SCHWARZ Jayson Schwarz LL.M is a Toronto real estate lawyer and partner in the law firm Schwarz Law LLP. Visit the website at schwarzlaw.ca or email info@schwarzlaw.ca.
ASSOCIATE PUBLISHER, NEW HOME & CONDO GUIDE SOUTH WESTERN ONTARIO
Susan Maxwell ART DIRECTOR
Daiana Garay SENIOR EDITORS
Elisa Krovblit Lydia McNutt (on leave) Jackie Marchildon EDITOR
DESIGNER ADVICE
Sonia Bell
YANIC SIMARD
CONTRIBUTING EDITORS
Yanic Simard is New Condo Guide’s design editor, principal designer of the award-winning Toronto Interior Design Group (tidg.ca), and regular guest expert on City’s Cityline.
Wayne Karl Sara Duck (on leave) DESIGN EDITOR
Yanic Simard
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 the GTA and overseas.
STAT CHAT
BEN MYERS Ben Myers is senior vice-president of market research and analytics at Fortress Real Developments. Follow his blog posts and commentary on the Canadian housing market at fortressrealdevelopments.com/news or follow him on Twitter at @BenMyers29.
more online We have even more content online! Read more stories from our team of contributors at ypnexthome.ca, including stories by:
SENIOR ACCOUNT EXECUTIVES
Dionne Fraser dionne.fraser@ypnexthome.ca Nina Downs nina.downs@ypnexthome.ca
SALES & MARKETING CO-ORDINATOR
Terry Bassett
PRODUCTION MANAGER
Helen Pearce PRODUCTION CO-ORDINATOR
Sandra Hanak-Vujnovic GRAPHIC DESIGNER
Miguel Cea
#500-401 The West Mall Etobicoke, ON M9C 5J5 T 416.626.4200 F 416.784.5867 ypnexthome.ca
ADVERTISING Call 416.626.4200 for advertising rates
INVESTOR INSIGHTS
ANDREW LA FLEUR Andrew la Fleur is an award-winning realtor with Re/Max. Andrew’s expertise is in helping investors make money in the Toronto condo market. Contact Andrew at 416.371.2333 or andrew@truecondos.com.
MORTGAGE ADVICE
ALYSSA FURTADO Alyssa Furtado is the Founder and CEO of ratehub.ca, a mortgage rate comparison site that aims to empower Canadians to make smart financial decisions.
4 YPNEXTHOME.CA
and information. CIRCULATION Free distribution in select high-traffic street boxes, stores, banks, financial institutions and select condominium sales offices. COPYRIGHT 2016 All rights reserved by Yellow Pages Homes Limited. Reproduction in any form is prohibited. Contents of this publication are covered by copyright and offenders will be prosecuted under the law. TERMS Advertisers, editorial content and New Condo Guide are not responsible for typographical errors, mistakes or misprints. All prices are correct as of press time and are subject to change without notice. E. & O. E. EDITORIAL Submissions from interested parties will be considered. Email to susan.legge@ypnexthome.ca. The views and data expressed by columnists do not necessarily represent those of the publication. Please recycle this magazine! Yellow Pages NextHome participates in the Partners in Growth Reforestation Program through St. Joseph Communications. To date, Partners in Growth has planted over 2.5 million trees in parks, recreation and conservation areas, and other public spaces across Canada. Established in 1990, this program was started with Scouts Canada to help replenish the environment.
JUL 30 - AUG 27, 2016 | NEW CONDO GUIDE 5
At Empire we’ve built vibrant communities for over 30,000 Ontarians. Our beautiful new homes are designed to make everyday life richer and more sustainable.
HO 6 YPNEXTHOME.CA
ME HOMES | CONDOS | COMMUNITIES | EMPIRECOMMUNITIES.COM JUL 30 - AUG 27, 2016 | NEW CONDO GUIDE 7
Property Profile | PEMBERTON GROUP
cover story
Entertain in style in Ten93 Queen West’s party room.
Everything a home should be by Pemberton Group THE PEMBERTON NAME is synonymous with leadership, dedication, and talent because of the experienced team behind it. Pemberton Group takes pride in designing and building diverse condominium communities that have their own unique appeal. Each community delivers top quality materials and craftsmanship, exceptional onsite recreational amenities, conscientious customer service, and lasting value – everything your home should be. Pemberton owners enjoy an enviable lifestyle in sought-after neighbourhoods across the Greater Toronto Area, along with 8 YPNEXTHOME.CA
the peace-of-mind that comes from buying from a well-trusted builder. Act now to take advantage of the summer incentives available at the Pemberton condominium community of your choice.
Under Construction Construction is underway at Ten93 Queen West, situated on Queen Street West at Dovercourt Road. Vogue magazine rated this neighbourhood the second hippest district in the world! The area is defined by cutting-edge dining, theatre, music and nightlife, plus fashion boutiques, and galleries.
Amenities include a stylish party room that rivals local clubs. A selection of suite styles is still available, priced from the $290’s including current incentive. 416.546.6355 Construction has started at CityLights on Broadway. CityLights is among Yonge and Eglinton’s fastest-selling condo communities because it is one of the area’s best values! Everything you’ll want is within walking distance. The subway and new LRT will be steps away, and CityLights has an astounding 28,000 sq. ft. of superb indoor and outdoor leisure and entertainment amenities. The permanent sales office with
TOP
Spacious, well-appointed suites are an Indigo hallmark. BOTTOM
Enjoy a movie under the stars in the amphitheatre, part of CityLights’ 28,000 sq.-ft. Broadway Club.
Location
Across the GTA Builder
Pemberton Group Development
Ten93 Queen West CityLights on Broadway SkyCity2 The Urban Townhome Collection Indigo Condominiums Downtown Erin Mills Tower 2 Home Type
High-rise condominiums; mid-rise suites; and townhomes Sales Centre + Contact
pembertongroup.com
model vignettes is now open. Prices start from $199,990. 416.546.6605 SkyCity2 is also under construction in the heart of Richmond Hill City Centre. The amenity-rich “Sky Life” is close to York Region Transit, GO Train and GO bus service. Residents can walk to shopping, dining and entertainment venues. Tour the furnished model for a full appreciation of these well-appointed suites. Prices start from the low-$300’s including current incentives. 905.709.5700 The Urban Townhome Collection at U Condominiums is under construction along Bay Street and St. Mary Street, steps from Bloor-
New and Hot
shopping. The area offers the allure of urban living with connectivity to the GTA. A GO train commute to Union Station takes just over a half-hour! Indigo features a roster of impressive amenities. Prices begin from the low$400’s. 905.553.1430 At Downtown Erin Mills in Mississauga, Tower 2 offers all-new designs including one-bedroom plus den, two-bedroom, two-bedroom plus den and three-bedroom layouts. The first building is under construction in this master-planned community steps from Erin Mills Town Centre, in an established neighbourhood with schools and parkland. The onsite two-storey recreational centre will total more than 17,000 square feet. Prices begin from the low- $300’s. 905.603.6300.
Master-planned Indigo Condominiums is a mid-rise community with spacious suites and townhomes that is proving a hit in the historic Village of Maple. This convenient Vaughan location at Major Mackenzie and Dufferin is adjacent to the Maple GO station and
To explore Pemberton Group’s many fine condominium communities and register to be among the first to learn more about those coming soon, visit pembertongroup.com. You can also follow the company on Facebook, Twitter, Instagram and YouTube.
Yorkville. This exclusive enclave is comprised of 19 luxury townhomes priced from $2.2 million. You may still tour the two-time awardwinning designer model home by appointment. Watch for new models coming soon. 647.344.2573
JUL 30 - AUG 27, 2016 | NEW CONDO GUIDE 9
contents JULY 30 - AUGUST 27, 2016 | VOLUME 20, ISSUE 15
8 ON THE COVER
Pemberton Group Everything a home should be property profiles
+ online NEIGHBOURHOOD
HOME SEARCH
32 MORE +PHOTOS +VIDEOS +ADVICE +INSPIRATION +TRENDING
WITH
DYNAMIC MAPS
10 YPNEXTHOME.CA
LOOK FOR THE CIRCLE
Camrost Felcorp
The Foxbar Collection offers unique condos and townhomes
68 Freed Developments
346 Davenport is a luxury escape within the city
76
50 Concert Properties
The future looks bright in Sunnylea with Backyard Neighbourhood Condos
The Kip District breaks ground in central Etobicoke
58 Cityzen Corp. & Fernbrook Homes
Pier 27 — a resort oasis steps from downtown
Vandyk Group of Companies
trending
16
Pemberton Group
Urban artwork adds to Queen West vibe
46 Mortgage advice
Five ways to make buying a home more affordable by Alyssa Furtado
48 Stat chat
Should you buy what foreign investors buy? by Ben Myers
74
70
Condo sense
It’s planting time…on your balcony by Don Kearney
86 Moving advice
Read and understand your contract for a successful move
32 18
Daniels Corporation
The Wyatt — the newest addition to Regent Park
25 Fox Harb’r
Partnership with Maritime Air announced
36
Emerald City
Fifth on the Park breaks ground
40 Mattamy Homes and Biddington Homes
Vita on the Lake is coming to the Etobicoke Waterfront
42 Bisha Hotel and Residences
Tops off and prepares for early 2017 opening
by Chuck Resnick
inspiration
74
78
advice
12
20 Condo pro
Condo considerations, inside and out by Barbara Lawlor
22 Legally speaking
Deciphering legal language by Jayson Schwarz
24 Fractional ownership Own a piece of a bigger luxury pie by Hunter Milborne
26 Investor insights
What do renters really want?
62 Municipal land-use regulations How they’re negatively impacting Toronto, Vancouver and Calgary
72
Devron Developments
Amenities come to life at sneak peek of The Vanguard
BILD report
Building industry hosts affordable housing forum by Bryan Tuckey
60 Condo market
GTA Realtors release Q2 condo figures
TD Canada Trust
Saving tips for first-time homebuyers How the housing market and industry are adjusting
54 CIBC poll
Millennials and gen Xers less confident they’ll meet financial goals
Sales of new highrise homes boom
80 Foreign buyers
44 Geranium Homes Pace on Main breaks ground in Stouffville
Market news
by Andrew la Fleur
41
Fundamentally speaking
Four tips to buying your first home
64 Designer secrets
The new living room by Jane Lockhart
84 Designer advice Under-foot focus by Yanic Simard
neighbourhood profile
17
West Queen West
The home of the hip
buyers’ resource section
88 Hot properties 905
Previews, new releases and grand openings in the 905
89 Hot properties 416
Previews, new releases and grand openings in the 416
in every issue
02 Editors’ note 04 Contributors 102 Advertiser index 103 What’s online district maps
90 Toronto and Waterfront 96 905 region
by Wayne Karl
JUL 30 - AUG 27, 2016 | NEW CONDO GUIDE 11
Advice | BILD REPORT
Building industry hosts affordable housing forum By Bryan Tuckey
MORE ADVICE ONLINE ypnexthome.ca/news/advice
THE INADEQUATE supply of affordable housing is a massive and growing problem in the GTA, and one that governments at all levels are actively working to address. The home building and land development industry wants to be part of the solution, so we recently brought together some of the smartest minds on the subject to discuss the challenge of our lack of affordable housing stock and identify creative ways to build more. BILD members provided the industry’s perspective and we invited not-for-profit developers, government colleagues and other stakeholders to the table as well. With representatives from each sector, small groups shared ideas for improving policy, creating financial incentives and other factors that are needed to increase the supply of affordable housing. To inspire the discussions, we brought in Tom Bledsoe, president and CEO of the Housing Partnership Network, to give a keynote address on how affordable housing has been built in the U.S. and the U.K. A renowned expert on delivering partnership-based affordable housing, Tom shared a number of examples of how other cities are trying to address affordable housing challenges similar to the GTA. In cities like San Francisco, New York, Seattle and London, affordable housing is being built through private, public and non-profit sector 12 YPNEXTHOME.CA
partnerships. For example, in San Francisco, the city has been able to increase the number of affordable housing units through a partnership model and through incentives like capital subsidies and bonds to forprofit and not-for-profit developers of affordable housing projects. In New York, the government has been successful in increasing affordable housing by offering tax abatement programs that reduce the amount of property tax owed on properties under construction. There are also capital subsidies and policies like inclusionary zoning but the majority of affordable housing has been built by for-profit developers who take advantage of the tax policy. There is no single way to deliver affordable housing, Tom said. Policies that mandate affordable housing units as part of a larger project exist but they are only one piece of the puzzle. In all of his successful project examples, public policies were supported by a toolkit of financial incentives and programs and a desire from both the public and private sectors to work collaboratively. Here in the GTA, building more affordable housing will also take strong partnerships and a willingness
to work together to find creative ways to make these projects feasible. Affordable housing projects or development projects that include affordable housing units still need to make economic sense and government partners can help by providing incentives like fast-tracking approvals for projects that include affordable housing; tax breaks; and zoning for appropriate height and density to help make the business case for these projects. While many GTA municipalities are considering public policies that will mandate affordable units in a larger development project, our industry believes that there are other proven methods to achieve the same result. The wide range of ideas discussed at our event will culminate in a white paper to be released later this year. What do you think is needed to get more affordable housing built in the GTA? Join the conversation on Twitter at @bildgta. Bryan Tuckey is president and CEO of the Building Industry and Land Development Association and a land-use planner who has worked for municipal, regional and provincial governments. Follow him on Twitter @bildgta, facebook.com/bildgta, and bildblogs.ca
JUL 30 - AUG 27, 2016 | NEW CONDO GUIDE 13
JUL 30 - AUG 27, 2016 | NEW CONDO GUIDE 15
Trending
Urban artwork adds to Queen West vibe IT’S WORTH A TRIP to the corner of
Queen Street West and Dovercourt Road in trend-setting Queen West! In the spirit of this neighbourhood known for its unique expression of creativity, new urban art murals now adorn the construction hoarding of Ten93 Queen Street West Condominiums by Pemberton Group. This public art installation was developed as a collaboration between Pemberton and Wallnoize. Wallnoize passionate artist, teacher and project manager Angel Carrillo (aka Cruz1) has been responsible for iconic art that has enhanced the urban art scene around Toronto – notably the Pan Am Game art project that covered graffiti in the GO Bloor-Perth Underpass. The massive Ten93 Queen West installation was completed in just three days. The work was undertaken by established collectives and upand-coming independent graffiti artists such as Blaze, Vinser, CTR, Vista, Flips and Dudeman, who were joined by well-recognized members of the GH crew – Johny, Done, Cawt, Sonz, Sizeo, Looter, Knowr and Werc working side-by-side with Carrillo. The outcome is a series of distinctive panels that wrap two sides of the construction site, plus to unify the artwork along the Queen Street face a single colour palette was employed – an unusual move in the graffiti art world. In another bold move, the customary placement of the graffiti was reversed. Stylized words usually found in a back alley were placed along Queen Street, while vibrant imagery was created in the east-west laneway at the back of the site to make it more inviting for the many pedestrians who already use it. While underway and since completion, pedestrians and 16 YPNEXTHOME.CA
MORE TRENDING ONLINE ypnexthome.ca/news
TOP
The corner of Queen West and Dovercourt is now a work of art.
BOTTOM
Angel Carrillo of Wallnoize (centre) with Pemberton’s Livia Chiriaco and Alexandra Muzzo (left to right) in the rear laneway.
members of the local community have engaged by taking selfies with the art as the backdrop, and by sharing photos through social networks. “We wanted to embrace the artists’ work and give them a blank canvas so they could fully showcase their talent, and Queen West was the perfect neighbourhood to do just that,” says, Pemberton Sales and Marketing Manager Alexandra Muzzo. Encompassing 134 suites, Ten93 Queen West will rise to a striking nine storeys, offering inspired amenities and high quality features and finishes, and will add ground level retail to the neighbourhood. TTC will be at the doorstep, and the Gardiner Expressway is nearby. Available suites begin from the $290’s. Ask a sales representative for details on current incentives and savings. Pemberton has earned its solid reputation for building outstanding communities across the Greater Toronto Area. To learn more visit pembertongroup.com or follow the company on Facebook, Twitter, Instagram and YouTube. The Ten93 Queen West sales centre located at 1164 Queen Street West, at Beaconsfield Ave. 416.546.6355 pembertongroup.com
Downtown Erin Mills / Mississauga
We call it Pemberton. SkyCity Condos / Richmond Hill
Ten93 Queen West / Toronto
Downtown Erin Mills / Mississauga
CityLights on Broadway / Toronto
The Urban Townhome Collection / Toronto
Indigo Condominiums / Maple
All illustrations are artist concept.
Everything a home should be. The Pemberton difference isn’t simply in how we build. It’s in what you feel. The feeling you get when we’ve delivered exactly what we promised and everything you want. A feeling that, while difficult to describe, feels overwhelmingly right. With decades of experience and a reputation for building truly exceptional condominiums in the Greater Toronto Area’s greatest communities, we invite you to experience the feeling yourself.
Learn more at pembertongroup.com
You call it patio season.
Neighbourhood Profile
West Queen West The home of the hip
Fast facts Average household income
$105,920
By Elisa Krovblit
Family structure
SINGLES
COUPLES
FAMILIES
52% 32%
16%
Own vs. rent
48% OWNERS
52% RENTERS
Education levels
MORE PHOTOS ONLINE
UNIVERSITY
HIGH SCHOOL
47%
30%
COLLEGE
23%
ypnexthome.ca/west-queenwest SOURCE: ENVIRONICS
WEST QUEEN WEST IS the strip along
Queen Street bound by Dufferin Street to the west and Bathurst Street to the east. Packed with independent boutiques and trendsetting style, the street is a mix of commercial and residential.
designer creations, and numerous galleries offer incredible talents, with both up-and-comers and artists of some acclaim. Bars and lounges are intermingled with tattoo parlours, fast food and fashionable dining rooms.
Lifestyle The lifestyle is “alternative.” There’s a strong sense of admiration for art and artists, with numerous galleries, performance venues and independent designers. Side streets and back alleys are filled with graffiti, but not just gang-style tags, it’s art.
Meet the neighbours The area attracts young urbanites. With the proliferation of bars, lounges and restos, there are the twentysomethings and thirty-somethings who are drawn to the nightlife. Though a lot of singles and childless couples, the area is family friendly to a degree, and becoming moreso.
Vibe The area lives and breathes art, fashion, style and creativity. Shops offer trendsetting independent
In the area The area is a hub and has a bit of everything. Trinity Bellwoods Park is at the heart of the area — a
“The area lives and breathes art, fashion, style and creativity. ” huge greenspace for enjoying time outdoors. Close to hospitals, CAMH is a prominent feature in this community. Planes, trains & automobiles The Queen Street streetcar runs 24 hours, making it easy to travel across the city or get to the subway. There is access to the Gardiner Expressway at the southern end of Dufferin, just south of the CNE grounds. Real estate The demand to live in this trendy neighbourhood is high. Prices trend upwards of average — especially for the luxury of space.
In love with design and decor, Elisa is senior editor of Renters Guide, Home Decor & Renovations, Condo Guide and Commercial Investor. When not searching out some unusual solutions to her century home’s reno projects, she’s busy discovering the next best thing in Toronto. Elisa.Krovblit@ypnexthome.ca
JUL 30 - AUG 27, 2016 | NEW CONDO GUIDE 17
Trending
Discover the Wyatt Condominium Be part of this exciting downtown community this fall ONCE AGAIN, The Daniels
Corporation is opening the door to homeownership in Regent Park, with The Wyatt — the newest addition to the award-winning, worldleading revitalization. Going on sale this fall, The Wyatt is among the newest residential condominiums in Toronto’s Downtown East scene, and offers an exciting home base for urbanites including downtown dwellers, professionals, growing families, empty nesters, singles, and couples. Named among the top five most exciting neighbourhoods in Toronto by BlogTO, Regent Park is a city within the city. The Wyatt fronts onto Dundas Street East, on the east side of Sumach, just steps to the brand new Regent Park Athletic Grounds, Regent Park Aquatic Centre, and Regent Park Community Centre. The neighbourhood’s six-acre park is a brief stroll away, and is the artistic and cultural heart of the community, serving as a thriving hub of inspiration and events. The park has picnic areas, a playground and splash pad, gardening plots, greenhouse, community oven and off-leash dog park, as well as the award-winning Daniels Spectrum. The Wyatt is nestled in the centre of one of Toronto’s most vibrant neighbourhoods. Residents will have easy access FreshCo by Sobeys, RBC, Shoppers Drug Mart, Tim Hortons, Paintbox Bistro, Rogers; and the conveniences of schools, the DVP and public transit with the Dundas streetcar outside The Wyatt’s front door. The Wyatt will rise 27 storeys above a carefully proportioned black and white podium. At street level, a warm material palette of brick and wood will frame the retail experience along Dundas Street East. Inside, The Wyatt will feature an abundance of great amenities, beginning with a 18 YPNEXTHOME.CA
bouldering cave, which is a horizontal climbing wall. Residents will also have access to a media room, and the chic party room will open onto a spacious outdoor terrace with resident gardening plots. In the Chill Lounge, residents can chill out or read a book. Active suite owners will have a gym complete with a Wellbeats studio. A guest suite will be available for overnight company. Plus, the fourth floor will feature a kids’ zone with a toy room, game zone, craft room and kitchenette. Talk about something for everyone! The Wyatt will offer suites from studio to three-bedroom designs from the low $200s. Plus, you can purchase with just five per cent down and take advantage of Daniels’ Gradual Deposit Payment Plan. Pay $3,500 on signing the Agreement of Purchase and Sale, then $1,000 per month until you move in or until five per cent of the purchase price has been paid. Qualified first-time buyers who do not own a home and are currently renting can also take advantage of Daniels’ First Home Boost program,
one of Canada’s most powerful homeownership tools. You can boost your down payment from five to 15 per cent through an interest-free and payment-free loan. Ask a sales representative for details. Anyone interested should join The Wyatt Inner Circle to take advantage of exclusive perks. For a one-time $300 membership fee, you’ll receive an invitation to the first advance sale; the first choice of suites, floors and views; invitations to Daniels’ members-only events; and access to insider information. Should you decide not to purchase at The Wyatt, your $300 will be fully refunded. Named the 2016 High-Rise Builder of the Year at the Tarion Homeowners’ Choice Awards, The Daniels Corporation is one of Canada’s preeminent builders/ developers, building more than 26,000 new homes across the Greater Toronto Area for over 34 years. Among its many initiatives, Daniels was chosen to partner with Toronto Community Housing to revitalize Regent Park — 69 acres in Toronto’s Downtown East. Committed to community, Daniels offers innovative programs that help people achieve homeownership, champions neighbourhood initiatives that enhance quality of life, and supports numerous charities and non-profit organizations. Ready ... Set ... Wyatt! To find out more and to register for this incredible Regent Park homeownership opportunity, visit the presentation centre at 500 Dundas St. E. The hours are Monday to Wednesday from noon to 6 p.m. and Saturday and Sunday from noon to 5 p.m. (closed Thursday and Friday). Call 416.955.0559 or visit DanielsWyatt.com.
COMING
THIS
FALL!
URBAN LIVING IN THE HEART OF TORONTO’S DOWNTOWN EAST This fall, the award-winning, world-leading Regent Park revitalization welcomes its newest addition – The Wyatt Condominiums. Located at Dundas and Sumach Streets, The Wyatt will offer 5% deposits*, suites ranging from studio to 3 bedroom designs, impeccable finishes, and incredible amenities. Plus, this exciting new residence is perfectly poised within moments of every imaginable urban neighbourhood convenience, including the Aquatic Centre, new Regent Park Athletic Grounds, groceries, parks, shops, the TTC, and so much more! SUITES FROM THE LOW
200000s
$
READY, SET, WYATT AND REGISTER TODAY!
BOOST your down payment from 5% to 15% interest & payment free.
danielswyatt.com
416.955.0559
* All Daniels programs and incentives including Daniels BOOST, Gradual Deposit Payment Plan and Inner Circle are a limited time offer and conditions apply. Please speak to a Sales Representative for full details. Daniels BOOST is only available on a limited number of suites. Exclusive Listing: CityLife Realty Ltd., Brokerage. Brokers Protected. Illustrations are artist’s concept. Prices, specifications and programs are subject to change without notice. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. E. & O. E. JUL 30 - AUG 27, 2016 | NEW CONDO GUIDE 19
Advice | CONDO PRO
Condo considerations, inside and out By Barbara Lawlor
MORE ADVICE ONLINE ypnexthome.ca/news/advice
BUYING A NEW HOME is one of the most exciting steps you can take in your life. It’s also one of the biggest financial investments you will ever make, so choosing wisely is important. There’s so much to consider, from location right down to your kitchen counters, and of course, there are many condominiums on the market offering phenomenal choices. A great way to narrow down your search is to make a list — or in the case of savvy computer users, a spreadsheet — that includes the items you really have to have, and those that would be nice, but are negotiable. Then, compare apples to apples to get the most for your condominium dollar! Start with the big picture. Where do you want to live? Under your location column, note how far buildings are from your work, your family and the places you go regularly, such as sports venues, club meeting halls, places of worship, etc. Keep in mind that the distance from point A to point B on a map is only part of the picture. It’s a good idea to actually do the drive to these spots and find out how much time it takes with road twists and turns, traffic and the like. If the condo is close to public transportation, you will save a lot of money on gas mileage and wear and tear on your vehicle — and maybe you don’t need to own a car at all. Keep an open mind, too. Buying in an established area is great, but it can 20 YPNEXTHOME.CA
also be wise to consider purchasing in an up-and-coming area where real estate values are likely to rise as the neighbourhood becomes more established — it’s a great way to gain equity. You’ll also want to consider the exterior of the condominiums you look at. Are they part of a master-planned community that encompasses parks, landscaping, courtyards and retail venues? Or are you looking for something on the lake? Does the exterior architecture appeal to you? Figure out a rating system and jot notes on your list accordingly. If you have a taste for the modern, you will probably be happiest coming home to a sleek condo with clean lines. Don’t forget about the amenities. Today’s common areas are uncommonly beautiful, and you should think of them as an extension of your living space. Your list could
include a pool, fitness room, party room, games room, guest suite, theatre room, rooftop garden, virtual golf and any other amenity you come across. Having these spaces in the building enables you to entertain a crowd, barbecue or play pool with friends, hold a Grey Cup party for the gang and host overnight visitors, regardless of how compact your suite may be. Remember that even if you think you may not use a specific amenity, these can all add to the resale value of your suite if and when you move in the future. Next on your list should be features and finishes, and here’s where you need to watch comparing apples and oranges. Your brochure package should have a Schedule A of appointments. Study it carefully. For example, most condos offer hardwood in the main living area, granite kitchen countertops and stainless steel appliances with the purchase price. Those that don’t may carry a lower price tag, but if these items are on your must-have list, then you’ll have to pay to upgrade. Nowadays you’ll find incentives galore. Again, look at the big picture. Receiving free upgrades with your purchase may be just the thing that tips the scale toward one condo over another. Remember, every piece of real estate you buy is an investment, whether you live in it or not. When you shop, compare fairly, and the best way to do that is to make a list, and check it twice. You’re sure to end up with something nice!
Barbara Lawlor is president of Baker Real Estate Inc., and an in-demand columnist and speaker. A member of the Baker team since 1993, Barbara oversees the marketing and sale of condominium developments in the GTA and overseas.
surround yourself with what you love your views • Outstanding views of Toronto’s iconic skyline
your home
your waterfront • Directly across from Canada’s Sugar Beach • Charming, lively Water’s Edge Promenade & Boardwalk • Quick access to the ferry & Toronto Island
• Daniels’ quality construction • Impeccable suite designs • Designer features & finishes, including Miele kitchen appliances
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Live in the centre of it all - connected to the waterfront, the city, the arts, and the culture…Welcome to Lighthouse Tower at Daniels Waterfront—City of the Arts, a master-planned, mixed-use community surrounded by creativity, inspired by arts, and driven by innovation. This visionary gateway to Toronto’s East Bayfront, where Lower Jarvis meets Queens Quay, ushers in a new era of living and the opportunity to SURROUND YOURSELF WITH WHAT YOU LOVE AND LOVE WHERE YOU LIVE.
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Under Construction DANIELSWATERFRONT.COM 416.221.3939 Exclusive Listing: CityLife Realty Ltd. Brokerage. Brokers Protected. Illustrations are artist’s concept. Prices and specifications are subject to change without notice. E.& O.E. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without prior written permission of The Daniels Corporation, is strictly prohibited. Actual view may not be exactly as shown. Photo: articlesofstyle.com
JUL 30 - AUG 27, 2016 | NEW CONDO GUIDE 21
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Advice | LEGALLY SPEAKING
Deciphering legal language Deeds, transfers, mortgages, charges, discharges and undertakings
accept the builder’s or the builder’s lawyer’s undertaking to register a partial discharge, without the other information. Now, I do not believe the builder or the builder’s lawyers who do not include this information would give the promise without meaning it, but what about things out of their control?
By Jayson Schwarz
MORE ADVICE ONLINE ypnexthome.ca/news/advice
FOR THE AVERAGE homebuyer,
there are some legal terms that require translation. The Government of Ontario keeps records of every piece of property in the province. These records are called the “title documents.” The document on file that says who owns the property is called the “transfer,” or “deed.” All of these documents are filed with the government — a process that is called “registering” the document. When a bank lends money and gets a record of this loan on title, the document is called the “mortgage” or the “charge.” When the charge is paid off, a new document is filed with the government office and it is called a “discharge.” If only part of the charge is paid off, a document called a “partial discharge” can be filed. There are many other documents, but these are a good starting point. Usually when a developer/builder starts a new project, he/she will go to a bank or other financial institution and just like you, arrange for a mortgage or charge. The difference, however, is that this can be a huge charge. As an example, the builder/developer may have a $50- or $60-million “blanket” charge applied to enable him/her to create and build the project. The next thing that happens is that the house or condo is built and sold, and it is time for closing. 22 YPNEXTHOME.CA
For example, if:
In the Agreement of Purchase and Sale will be a clause that will relate to the discharge of that part of the blanket charge which affects the property you are buying. The builders’ lawyers (the good ones, in any case) add the clause that the purchaser will accept the promise (undertaking) of the builder’s lawyer to register the partial discharge in a reasonable period of time, but will give on closing two important things: a) a letter (“discharge statement”) from the bank or other financial institution (“mortgagee” or “chargee”) setting out how much money has to be paid to the chargee to obtain the partial discharge; and b) a direction from the builder to the purchaser, telling the purchaser to pay the amount of money needed to obtain the partial discharge directly to the chargee. The clauses I will not accept stop with the purchaser being forced to
» the builder goes bankrupt » the builder has a dispute with the bank » some other party seizes the money from the builder » the builder has an internal shareholders dispute and assets are frozen » the lawyer goes to Argentina with the money » the builder goes to Tahiti with the money If we had followed a) and b), none of that would matter. My complaint is that it does not cost the builder anything to give this peace of mind and security to the purchaser. It is just usually the fault of a lawyer trying to prove how good he or she can be. Watch for these tricky clauses and consult a lawyer, because only a lawyer can provide legal advice and care enough to catch these kinds of things.
Jayson Schwarz LL.M. is a Toronto real estate lawyer and partner in the law firm Schwarz Law LLP. Visit schwarzlaw.ca or email info@schwarzlaw.ca and give us your questions, concerns, critiques and quandaries.
JUL 30 - AUG 27, 2016 | NEW CONDO GUIDE 23
Advice | Fractional Ownership
Fractional ownership Own a piece of a bigger luxury pie
By Hunter Milborne
MORE ADVICE ONLINE ypnexthome.ca/news/advice
FRACTIONAL OWNERSHIP began
decades ago when companies who needed to use a private jet, but couldn’t afford to own one outright, pooled their resources, purchased one together and scheduled its shared usage. Since then, the concept has extended to everything from high value jewellery to RVs, sports cars, yachts and real estate. The concept involves the partial ownership of an asset for an attainable price point, and vacation properties are a natural fit. Most cottage owners, for example, spend approximately three weeks per year at their vacation homes, yet are responsible for the expenses that come along with ownership all year long. Benefits to fractional property owners include the ability to seek financing from a traditional mortgage provider, buy or sell at will, and bequeath their share to family. Lifestyle perks also rank high on people’s lists. For example, many can afford to own a piece of a bigger luxury pie than if they were to purchase the entire residence. Plus, when they stay in the residence, they are actually on holiday. If the home is situated in a resort, they’ll have time to enjoy its amenities and attractions. Similar to condominium ownership, fractional owners pay a maintenance fee to have the upkeep and repairs in these shared areas done for them. At Fox Harb’r Resort in Wallace, Nova Scotia, for example, there are 24 YPNEXTHOME.CA
fully-furnished, luxury three-bedroom townhomes with a fractional ownership option available. “At Fox Harb’r, they own one-quarter of a townhome, so up to four owners per,” said Eric Lum, sales manager for Fox Harb’r. “People may also choose to buy an additional quarter, depending on their needs. Fractional ownership is not a timeshare; it is deeded real estate, and owners build equity over time. We have already had intense interest from across the country,” said Lum. Each fractional ownership program is different, so check with the resorts you are considering as to how they work. At Fox Harb’r, fractional owners own a quarter of the townhome and become resident members of the resort. Prices for quarter shares begin from $169,900. This is incredibly affordable, considering the resort is home to a jetport airstrip, golf courses, spa, marina, vineyard, restaurants and a clay shooting facility. “Fractional owners of onequarter share in a townhome pay 25 per cent of initiation fees and membership costs,” Lum said.
The rotation is two weeks on, six weeks off, and owners can switch slots for flexible timing. “We offer added value in the form of an agreement with Scrub Island, an incredible Virgin Islands property, through which owners here switch homes one week per year with residents there. We are also affiliate members of the Pacific Links Golf Network of more than 450 courses across 20-plus countries, where our fractional owners can golf for significantly reduced rates, sometimes free,” he added. Holidays exist so that we have time to relax, renew and rejuvenate by getting away from things like yard work and home repairs. As with any real estate purchase, fractional ownership agreements should be looked over by your lawyer so you can buy with confidence. Hunter Milborne is the founder and CEO of Milborne Real Estate Inc., now in its 40th year. He’s one of the pioneers of new-condominium sales in Canada and personally responsible for the marketing and sales of over $25 billion in properties, having sold over 160,000 units.
T O D AY ’ S L I F E S T O R E Y S TA R T S H E R E
S U B S TA N C E . S T Y L E . P U R P O S E . D E F I N E Y O U R L I F E S T Y L E A N D L I V E I T E V E R Y D AY.
THE FOUNDATIONS OF YOUR STYLE START HERE.
MOVE IN THIS YEAR. FABRIK IS THE PERFECT FIT. Now’s a great time to complete your image and own your own home at FABRIK. Discover some of the city’s most stylish restaurants, nightlife and clothing stores on the nearby King Street West. The shopping never stops with Spadina, Kensington Market and Chinatown right there. The city never sleeps with the hottest nightclubs, bars and fashionable lounges nearby. The rich texture of the city weaves itself into your life, embracing you with its wideeyed vitality.
MOVE IN SUMMER 2016 ONLY 10% DOWN 1 & 2 BEDROOM SUITES AVAILABLE STARTING FROM THE MID $500’S Learn more at the Menkes Condo Centre at 770 Bay St., Toronto, Ontario. Call 416-591-7700 or visit us online at menkes.com.
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Trending
Fox Harb’r flies in with Maritime Air Resort announces two new group packages MORE TRENDING ONLINE ypnexthome.ca/news
BE-20 Beech King Air 200
FOX HARB’R has announced a partnership with Maritime Air Charter Limited in Goffs, N.S. and two new getaway packages to the Nova Scotian resort. Groups can choose between the Fly, Stay and Play or the Touch Down to Take Off Same Day Golf experiences. Both packages are available to a minimum of eight guests and include chartered flights from Halifax Stanfield International Airport to Fox Harb’r Resort. “For both packages, groups will get unlimited play on our Graham Cooke-designed championship and par-three seaside courses,” says Kevin Toth, Fox Harb’r president. “They’ll also have access to our practice facilities and everything that would be expected in a luxury day of golf: a cart, daily golf bag storage with club cleaning, lockers and shoe service.”
Maritime Air flights to and from Fox Harb’r are operated on a BE-20 Beech King Air 200 charter plane. Comfortably seating up to eight, the twin-engine turboprop aircraft features a roomy interior and leather seats for ultimate travel comfort. “Guests will fly directly from the Halifax Stanfield Airport to Fox Harb’r’s private Jetport,” says Darryl Cross, Maritime Air’s operations manager. “The flight time is less than 20 minutes.” Both packages include a champagne breakfast at Maritime Air reception. The Touch Down to Take Off Same Day experience sees guests returned to Halifax International Airport that evening. “Fly, Stay and Play has the additional perk of one-night accommodation at Fox Harb’r Resort in a studio suite,” added Toth.
ABOUT FOX HARB’R RESORT Since opening in 2000, Fox Harb’r has offered award-winning dining in the Cape Cliff Dining Room, casual dining at the Willard, the Dol-ás Spa, an 18hole championship golf course, parthree golf course, the Golf Academy at Fox Harb’r, sport shooting facility, private Jetport, deep-sea marina and luxurious private single-family homes and townhomes, which have made the resort one of North America’s most celebrated seaside retreats, located in Wallace, Nova Scotia. ABOUT MARITIME AIR CHARTER LIMITED Operating out of Goff, N.S. at the Halifax Stanfield International Airport, Maritime Air Charter Limited provides convenient and cost-effective charter flights within Canada, the United States, Greenland, and St. Pierre and Miquelon, France. Featuring two styles of aircrafts, the Beech King Air 200 and the Piper Navajo, Maritime Air Charter Limited understands your time is a valuable commodity. JUL 30 - AUG 27, 2016 | NEW CONDO GUIDE 25
Advice | INVESTOR INSIGHTS
What do renters really want? Five things condo investors should look for By Andrew la Fleur YOUR INVESTMENT CONDO is only useful to you if you can find tenants to rent it out and put cash back in your pocket. Shopping for a condo from the perspective of a landlord is different than shopping as a homebuyer. Yes, you have to like it. But more importantly, renters have to want it. With an eye toward what will draw the most quality tenants, here are my top five most “rentable” qualities to look for:
2. Affordable price Following location, the thing that renters look at most closely is cost. The lower the price, the more potential tenants you’ll attract. Keep in mind that most renters aren’t looking for spare rooms and fancy finishes. Buy small and buy cheap.
1. Convenient location Renters today more than anything are concerned about having a location that is convenient to work, shopping and public transit. Buy near these three, and you will have a winner.
3. Extensive amenities While some renters prefer a smaller building with little or no amenities, most would choose a building with plenty of amenities over one without. Topping the list? A good gym.
MORE ADVICE ONLINE ypnexthome.ca/news/advice
4. Flexible floorplan Floorplans that allow for different uses of the space — for example a den that could double as a second bedroom or a home office — will open up your unit to a larger pool of potential renters. 5. Window coverings This seems like a small thing, but it is something that is very important to tenants. Invest in a good set of window coverings and your unit will be more attractive to tenants and will rent out faster.
Andrew la Fleur is an award-winning realtor with Re/Max. Andrew’s expertise is in helping investors make money in the Toronto condo market. Contact Andrew at 416.371.2333 or andrew@truecondos.com.
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Some restrictions apply. Prices, specifications and availability subject to change without notice.All illustrations are artist’s concept only. E.& O.E. Brokers protected. See Sales Representative for details.
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JUL 30 - AUG 27, 2016 | NEW CONDO GUIDE 31
Property Profile | CAMROST FELCORP
Foxbar Collection Offers unique condo suites & town homes at Blue Diamond in the Imperial Village NESTLED ALONG THE CHARMING Foxbar
Road, amid one of Toronto’s most upscale neighbourhoods is a newly released collection of large condominium suites and townhomes offering buyers the ultimate in luxury and lifestyle. Introducing the Foxbar Collection by Camrost Felcorp, a selection of homes with elegant design and ample space to live and entertain – in addition to outstanding resort-inspired amenities and an address to be envied. “There’s an unparalleled attention to every detail in our Foxbar Collection, as in all our projects,” says David Feldman, president and CEO of Camrost Felcorp. “We take great pride in working closely with our designers to provide homes that are not just stylish and luxurious, they’re also comfortable and functional.” Designed by world-renowned Diamond 32 YPNEXTHOME.CA
Schmitt Architects, the Foxbar Collection is part of Camrost Felcorp’s Blue Diamond project within its Imperial Village—a master-planned community that includes the awardwinning Imperial Plaza residential building, The Market by Longo’s, a flagship LCBO, and close proximity to transit and prime shopping and entertainment destinations. Located on the upper floors of the 26-storey Blue Diamond tower, the Foxbar suites range in size from 1,150 sq. ft. to over 2,000 sq. ft.; are available in two bedroom, two bedroom plus den and three bedroom layouts; and are priced from $850,000. Suites feature premium engineered
Location
Deer Park Builder
Camrost Felcorp Development
The Foxbar Collection at Blue Diamond Home Type
Two bedroom to three bedroom condo suites plus six townhomes Sales Centre
1499 Yonge St. Contact
416.925.2501 thefoxbar.ca
hardwood flooring, brushed chrome hardware, and individually controlled heating and air conditioning. The chef’s kitchen includes custom designer European-style cabinetry with sleek, stone countertops, smooth-top electric stove with builtin under-counter electric oven, and fully integrated fridge and dishwasher. The opulent bathroom retreats are stylishly fitted with imported porcelain or ceramic tile floors, luxurious soaker tub surrounded by full-height porcelain or ceramic tile, and European-style vanity cabinets with modern chrome accessories. A selection of master ensuites feature deep, free-standing soaker tubs. The Foxbar Collection also includes a limited release of six street-level townhomes for those who crave the additional space and luxury along with the pleasure and convenience of
condo living. With elegant, custom interiors by Neil Jonsohn of U31 Inc., the release includes six three-storey luxury town homes with a backyard terrace, thirdfloor terrace, finished basement and car garage. Ranging from 2,600 sq. ft. to 3,040 sq. ft., and priced from $2.48 million, the Foxbar townhomes’ layouts feature three bedrooms, two bathrooms and an office. A step inside the town homes will reveal spacious 10-ft. ceilings throughout the main level, premium plank engineered hardwood flooring, and custom engraved seven-inch wood baseboards. Gourmands will delight in the stylized modern kitchen with highend European-inspired cabinetry, gleaming stone countertops and backsplash, breakfast bar, spacious dining area and top-of-the-line
appliances. Bathrooms feature custom, European-style millwork with premium stone countertop, and undermount porcelain sinks with fittings in polished chrome, with deep, free-standing soaker bathtubs and frameless glass shower enclosures in the master ensuite. Residents of the Foxbar Collection – including both condo suites and townhomes – will have full access to the Imperial Village’s Imperial Club. The over 20,000-sq.-ft. state-ofthe-art amenity space includes an indoor pool and whirlpool spa, squash courts, a fitness auditorium, a yoga/ Pilates studio, screening rooms, a golf simulator room, and so much more. Residents will also enjoy relaxing in the open courtyard, sculpture garden and seating areas located by the former Deer Park United Church. The Blue Diamond tower rises majestically from behind this iconic 1913 heritage building, which Camrost Felcorp and Diamond Schmitt Architects, in collaboration with ERA Architects Inc., are working to preserve and restore. A short stroll beyond the Imperial Village will lead residents to even more lifestyle options, from specialty food shops, gourmet restaurant and chic boutiques in the nearby Yorkville, to the city’s top schools, and an abundance of greenspaces, ravines and nature trails. “The Foxbar collection offers buyers everything they’re looking for,” says David Feldman. “Not only does the community boast a distinct design and unparalleled location, but the amenities at Imperial Club and in the surrounding community will complement and enhance the lifestyle of each and every resident.” For your chance to enjoy luxurious living with the carefree condominium lifestyle, visit The Foxbar sales centre at 1499 Yonge St., just north of St. Clair Ave. W. Monday to Thursday from 12 to 6pm, or on weekends between 12 to 5pm; call 416.925.2501; or visit the website at www.thefoxbar.ca. JUL 30 - AUG 27, 2016 | NEW CONDO GUIDE 33
Have It All in North York . STAN D A BOVE THE R EST AT D ON M I L L S & SH E P PA R D . WAL KING DISTA N C E TO D ON M I L L S SUBWAY STATI O N . FAIRVIEW MALL W I T H OV ER 175 R ETA I L ER S . CLO SE P ROX IMITY TO HWY 40 1, 40 4 A N D T H E DV P
The
Park Club EMERALD CITY
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CO M I N G S O O N A Slender 33-Storey Point Tower with Private Club Amenities only at Emerald City starting in the mid $200s Looking for the perfect place to live your refined lifestyle?
Join the Club.
TheParkClub.ca FO R M O RE INFO, CA LL 41 6. 492.0001
EXCLUSIVE LISTING: BAKER REAL ESTATE INCORPORATED BROKERAGE. BROKERS PROTECTED. THE RENDERINGS ARE FOR ILLUSTRATION ONLY AND IS NOT IN ANY WAY DESIGNED TO REPRESENT OR GUARANTEE A VIEW FROM ANY PARTICULAR UNIT OR LOCATION. THE RENDERING DOES NOT REPRESENT ANY CONDITION AT PRESENT, OR IN THE FUTURE, WHICH MAY OBSTRUCT OR IMPEDE THE VIEWS, INCLUDING BUT NOT LIMITED TO CURRENT AND FUTURE CONSTRUCTION PLANS BY THE DEVELOPER OR OTHERS. NEITHER THE DEVELOPER NOR ITS AGENTS MAKE ANY GUARANTEES OF THE EXISTENCE OF ANY VIEW FROM ANY UNIT OR LOCATIONS WITHIN EMERALD CITY AND VIEWS ARE SUBJECT TO CHANGE WITHOUT NOTICE. BLOCK B WILL HAVE THREE PROPOSED TOWERS WITHIN THIS PHASE. RENDERINGS ARE AN ARTIST’S IMPRESSION ONLY. E.&O.E.
Trending
Fifth on the Park celebrates groundbreaking RECENTLY, GROUND WAS BROKEN
36 YPNEXTHOME.CA
MORE TRENDING ONLINE ypnexthome.ca/news
PHOTO: LALLAINE SANTOS
at Fifth on the Park in Emerald City, marking another exciting milestone at this highly successful North York community. The opportunity to live in the incredibly convenient location of Sheppard Avenue East and Don Mills Road is attracting first-time buyers, young professionals, families and empty nesters. Residents live close to the Don Mills subway station and Fairview Mall, offering the utmost in convenience. Fifth on the Park’s contemporary exterior will be anchored by a podium of approximately three storeys, with retail venues situated on the ground floor. Inside, residents will enjoy the immediate sense of comfort established in the elegant lobby with its concierge service, stylish seating and WiFi lounge warmed by a fireplace. On the amenities floor shared with The Colours of Emerald City condominium, a lounge features sofas and a dining room with a fully equipped kitchen, perfect for entertaining. This area also contains an outdoor patio for barbecuing and al fresco dining, a swimming pool and hot tub with change rooms and saunas, a fitness room, arcade and games centre, and a cool karaoke and theatre room. The suites come with an impressive array of standard features and finishes such as wide long-plank laminate flooring, approximately nine-ft. ceilings, stainless steel kitchen appliances and integrated dishwasher. Buyers can choose from four preselected packages to help them create their personal version of home. Visit the model section of the Emerald City presentation centre, which showcases many of the standards. Suite sizes range up to approximately 818 sq. ft., and prices begin from the mid-$200s.
Recently, ground was broken at Fifth on the Park in Emerald City with (L-R): President and CEO of Baker Real Estate Incorporated Barbara Lawlor; Emerald City Developments’ Executive Vice President, Business Development & Marketing Netanel Ben-Or; Director, Development & Planning, Ori Belavin; Chief Executive Officer, Rafael Lazer; Executive Vice President, Development & Construction Ron Weinstock; and Senior Project Manager at Emerald City, Chris Bessy.
One of North York’s largest master-planned communities, Emerald City is immediately recognizable by its public art component — a series of dramatically large cones and smaller cylinders in bright primary colours by Canadian artist Douglas Coupland. It is also home to the newly completed Parkway Forest Community Centre. This remarkable centre features a rooftop garden, gymnasium, YMCA-run daycare, outdoor patio/dining area and barbecue terrace. Visit the presentation centre on Sheppard Avenue, just east of Don Mills Road, across from Fairview Mall. The hours are Monday to Thursday from 11 a.m. to 6 p.m. and Saturday and Sunday from noon to 5 p.m. For more information, call 416.492.0001 or visit emeraldcitylife.ca.
RIVER CITY IS UNLIKE ANYTHING ELSE PHASE 1 AND 2 ARE SOLD OUT BUT YOU CAN STILL OWN IN PHASE 3
PHASE 2 SOLD OUT
PHASE 1 SOLD OUT
THE ICONIC RIVER CITY TOWER IS UNDER CONSTRUCTION. WITH ONLY OWN AT RIVER CITY * FROM THE LOW $200’S % DOWN TO $1.4 MILLION
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QUEEN ST E
RIVER ST
UNLIKEANYTHINGELSE.CA
KING ST E
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PRESENTATION CENTRE AND MODEL SUITE AT KING EAST + LOWER RIVER N
MON-THURS 12-6PM, SAT & SUN 12-5PM 416.862.0505
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*Ask our sales representatives for more details. A further 5% is required upon occupancy. Renderings are an artist’s impression. Prices are subject to change without notice E. & O.E.
PHASE 3 UNDER CONSTRUCTION
Townhome Living. NEW RELEASE
Downtown Vaughan.
GTA’s newest downtown address across from the NEW TTC Subway Station with direct access to the Downtown Core. Towns from
$
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A Plaza Berkley Community 38
PLAZA COMMUNITIES: MOVE IN NOW York Harbour Club 35 Bastion St. & 38 Grand Magazine St., Toronto Sales Office located at 86 Sloping Sky Mews (TH06) 416.214.4517 Ivory on Adelaide 400 Adelaide St. East, Toronto Sales Office located at 400 Adelaide St. East, Unit 1 647.344.0379 NOW UNDER CONSTRUCTION Musée - Occupancy Date Fall 2016 Pre-construction Pricing 525 Adelaide St. West, Toronto Sales Office located at 86 Sloping Sky Mews (TH06) 416.214.4517 NOW OPEN 50 at Wellesley Station Occupancy Date Fall 2018 50 Wellesley St. East, Toronto Sales Office located at 400 Adelaide St. East, Unit 1 647.344.0379 1 Yorkville - Occupancy Date Fall 2018 1 Yorkville Ave., Toronto Sales Office located at 162 Cumberland St. 416.519.2911 The MET at Vaughan Metropolitan Centre 7895 Jane St., Vaughan Sales Office located at 7800 Jane St., Vaughan 416.862.0888 COMING SOON Theatre District Residences on Adelaide 170 Spadina at Queen
register at pureplaza.com Presentation Centre Hours: Mon–Thurs: 12pm–6pm Fri: Closed Weekends & Holidays: 11am–5pm Keep updated by following us:
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Trending
Vita on the Lake Coming soon to the striking Etobicoke Waterfront
OVER THE PAST FEW YEARS with the
rejuvenation of Humber Bay Shores in Etobicoke, Marine Parade Drive has become a sought-after lakeside residential destination. Here, Mattamy Homes and Biddington Homes will soon offer Vita on the Lake, a 53-storey condominium tower that will introduce sleek contemporary architecture to the cityscape. Expertly designed by Graziani + Corazza Architects Inc., with landscaping by gh3, Vita will coexist in harmony with the lake and natural environment of the waterfront parklands. The result will be a stunning landmark in Toronto’s Mimico neighbourhood. Spectacular lake and city views will be part of residents’ everyday lives in this new condominium. Outdoor lovers and water sports 40 YPNEXTHOME.CA
enthusiasts will have the Humber Bay Marina and Martin Goodman Trail at their doorstep, as well as proximity to Manchester Park, Marine Parade Drive and Grand Avenue Park. Eden and Firkin Park is also a two-minute walk. A Metro grocery store is a brief stroll away, and the area is rich with other amenities such as shops, restaurants, cafés, schools, services and the hospital. New retail, restaurants and grocery stores are on the horizon. Additionally, the fabulous Sherway Gardens shopping centre is a few minutes west. Public transit is close by as well as access to the Queen Elizabeth Way and the Gardiner Expressway. With all of this in the vicinity, the lifestyle is convenient and uncomplicated. Interior design by U31 carries
through the theme of elegant simplicity, which is evident at first glance of the residence’s lightflooded, two-storey lobby. Equally chic and comfortable, furnishings evoke serenity and restfulness in this sublime space, where the clean modern palette is enhanced by natural materials such as wood and marble, plus gleaming metallics and glass. It is at once dynamic and calming. Amenities extend to a luxurious pool, fully-equipped fitness centre, chic party room, bar, dining room and several indoor and outdoor lounges. The possibilities for exercising, energizing and entertaining are varied and exciting. Clean and contemporary also apply to the well-designed residential suites, which boast top-quality features. Beautiful, bright kitchens are ergonomically designed for ease of use, and alluring baths have spa-inspired vanities, hardware and fixtures. Large windows and balconies invite natural light and provide those incredible views from your quiet retreat. Suites range in size from 525 to 1,545 sq. ft. and will be priced from the high $200s. Vita on the Lake is being developed and built by two prestigious companies with longstanding reputations for excellence. Mattamy is the largest privately-owned homebuilder in North America, with operations across the United States and Canada. Mattamy has built and closed more than 65,000 homes in 160 communities. The Biddington Group of Companies’ heritage dates back to the 1960s. Biddington has developed numerous highrise communities, luxurious single-family homes and has partnered with some of Canada’s most respected developers on many of these communities. Both companies are known for providing innovative design, top-quality construction and exemplary service. To be among the first to explore all that Vita on the Lake has to offer, register today at mattamyhomes.com.
VITA ON THE LAKE
Life uncomplicated. To Discover More Waterfront Living From Mattamy Register Today At MATTAMYHOMES.COM
Renderings are artist’s concept and images are for mood and impression only.
ALMOST SOLD OUT, FINAL FEW SUITES AVAILABLE
REGISTER NOW
A remarkable 16-storey residence with a 5-storey podium offers resort style-living and clear views of Lake Ontario and the Toronto skyline.
There’s something wonderful about lakefront living. Water, sky, unrestricted views and natural surroundings. That’s why we, at Mattamy, are launching another great condominium on the Etobicoke waterfront. We call it Vita on the Lake, you can call it home.
ETOBICOKE WATERFRONT READY EARLY 2017 UNDER CONSTRUCTION 1,188 Sq.Ft. From $805,990
From The High $200’s Proud Partner of the Canadian National Track Cycling Team
MATTAMYHOMES.COM
SALES CENTRE ADDRESS
2167 Lake Shore Blvd. West, Etobicoke, ON, M8V 0A8 • 647-347-5930
SALES CENTRE HOURS
Monday - Thursday 12 pm - 8 pm; Friday 1pm-6pm; Saturday - Sunday 11 am - 6 pm
Prices, specification and promotions are subject to change without notice. Renderings are artist’s concept and images are for mood and impression only. E.&O.E. June 2016.
Advice | FUNDAMENTALLY SPEAKING
Buying your first home? Four tips to help guide your decision
By Wayne Karl
MORE ADVICE ONLINE ypnexthome.ca/news/advice
WHEN YOU’RE BUYING your first home, you are sure to be filled with many important questions. How much can you afford? How much will it all cost? Where do you really want to live, and can you afford the area? And, finally, what type of home do you want? The answers are very individual: it really depends on your situation — from the amount of your down payment to where you work to whether you have kids to other personal circumstances. For your enjoyment while you live in your home, as well as for future resale potential, proximity to transportation, shopping, schools and other amenities is among the key determinants that affect your property’s appeal, and ultimately its value. After all, those are the qualities potential buyers look for when searching for a home; the more of them your house has when you go to sell, the more it will be attractive to a greater number of people. While experts suggest you take a long-term view when buying a home, it’s also important to not look too far down the road. Let’s be honest, your first home may not be your dream home, and your needs and desires are sure to change throughout the various stages of homeownership. So, while the answers to the above questions are specific to circumstances, there are also some common guidelines you can follow.
1 | How much can you afford? Experts agree it is never a good idea to make yourself house-poor, and it is a very common mistake, particularly of first-time buyers, to buy more home than you can really afford. Meeting with a mortgage broker or your banker will help determine your full financial picture, assessing everything from your credit rating to how much you have saved for a down payment. Experts also suggest you “stress-test” your plan to see how well you could cope with higher mortgage payments brought on by rising interest rates. 2 | How much will it really cost? Another common homebuyer mistake is not being prepared for all the closing costs involved: lawyer fees, land transfer taxes, utilities, insurance, home inspection and appraisal fees and insurance. All of these costs add up, and ultimately should factor into your overall home-shopping budget. 3 | Where do you want to live? This question is becoming more important for a number of reasons, though influenced primarily by where you work, how much of a commute you want and whether your transportation options include mass transit or only driving. Indeed,
proximity to mass transit is something more and more people are looking for in their new home location. It may not be as simple as choosing to live in the city, suburbs or a small town. 4 | What type of home do you want? Once you have determined your options for cost and location, you can then assess what types of homes are available in your price range and desired neighbourhood: singlefamily detached, semi-detached, townhome, duplex or condo? So many questions, so many choices. The good news is, home builders today are in sync with customer preferences for location and amenities, and with market realities with regard to pricing and needs for energy efficiency, so your options for new-home products have never been better.
Wayne Karl is an award-winning writer and editor with experience in real estate and business. In Fundamentally Speaking, Wayne explores the basics you need to examine when buying property. He can be reached at wayne.karl@ypnexthome.ca or follow him on Twitter at twitter.com/ WayneKarl. JUL 30 - AUG 27, 2016 | NEW CONDO GUIDE 41
Trending
Bisha Hotel and Residences tops off as the project prepares for an early 2017 opening THE SWELTERING HEAT of summer
hasn’t slowed the progress of the newest private-label boutique hotel brand to originate in Toronto since the Four Seasons in the 1960s. In fact, the statement-making 44-storey Bisha Hotel and Residences has just reached an important milestone in its construction. Concrete has been poured to create the top floor of this unique condo/hotel hybrid, and Lifetime Developments and Ink Entertainment — partners in this dynamic project — are building toward occupancy early next year. “The hard work and dedication of our highly skilled team of trades is playing a monumental role in the creation of this exciting new Toronto landmark,” says Mel Pearl, a Principal with Lifetime Developments. “As the flagship property, we took the time to meticulously plan every detail to achieve our vision of luxury and style, so it’s exciting to see all of the pieces start coming together.” Located in the heart of Toronto’s downtown Entertainment District, and designed by Rudy Wallman of Wallman Architects, Bisha will boast a dramatic façade of glass and steel complimented by the traditional red brick cladding and stone trim of the retained heritage building at its base. Interiors and amenities are designed by internationally recognized firm, Studio Munge. Both residents and guests will be captivated by the building’s cosmopolitan selection of amenities, from various dining and meeting options to a full fitness centre and even a premium selection of personal services, including house cleaning, personal training, room service and grocery delivery. Lifetime and Ink Entertainment invited Kravitz Design Inc., headed by musician and international style icon 42 YPNEXTHOME.CA
MORE TRENDING ONLINE ypnexthome.ca/news
Lenny Kravitz, to design the upper floor of the hotel and an exclusive guest suite, using inspiration from his music, art and international travels. Bisha’s 44th floor will boast even more amenities including a rooftop oasis featuring a restaurant, bar and lounge, and a chic infinity pool with stunning city views. Bisha sets an entirely new standard for elegant private residences and boutique hotel environments. Visitors won’t want to go back home, while residents won’t ever want to leave theirs. A limited number of one-bedroom plus den suites and signature suites still remain. For more information or to book an appointment, visit bisha.com or call 416.546.7525.
Condos and Towns From the $300’s
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Condos and Towns from the $300’s
LIVE AT STUDIO, BE DOWNTOWN Select suites are still available. Don’t miss this final opportunity to live amidst a cultural mecca of theatres, restaurants and lifestyle hotspots, plus the new OCADU art gallery right at the base of STUDIO. L E A R N
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Brokers Protected, Limited Time offer. See Sales Rep for full details. Prices, Specifications and programs are subject to change without notice. Illustrations are artists concept. E & O.E. *Provided the purchaser completes the transaction on the contemplated unit transfer date the purchaser shall receive a credit on the statement of adjustment in the amount equal to12 monthly common expense fees relating to the unit and any parking or storage applicable. Deposit 5% down and 10% due on occupancy.
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Trending
Pace on Main breaks ground in Stouffville STOUFFVILLE MAYOR, councillors, town staff, consultants and condo owners joined award-winning builder/developer Geranium and Pace Credit Union to celebrate the groundbreaking of Pace on Main. This is the first condominium to be built right on Main Street in Stouffville and is a key component of the town’s downtown revitalization plan for the heart of this historic community. Pace Credit Union, which previously occupied a portion of the site, will operate in the ground floor of the new building. “Pace on Main is symbolic of what can be achieved through rigorous dialogue and collaboration between citizens, town representatives and business,” said Mayor Justin Altmann. “We are thrilled to see this new condominium building get underway and look forward to welcoming Pace residents to our great downtown in 2017,” he added. Pace on Main will be an elegant five-storey, boutique-style midrise residence featuring 67 well-appointed suites. Lifestyle amenities will include a welcoming lobby, and residents will enjoy the building’s outdoor terrace with barbecue area and The Main Street Lounge, which will feature a kitchen, bar, fireplaces and billiards table — perfect for entertaining friends and family. Geranium’s open-concept layouts are paired with top quality finishes. Large windows and balconies enhance interiors featuring ninefoot ceilings, engineered hardwood flooring, granite countertops and fullsize stainless steel kitchen appliances. Located steps from the Stouffville GO station, providing an effortless commute to Toronto, homeowners will have everything within a short stroll or drive away. A five-minute walk from Pace on Main is Memorial Park which has great year-round 44 YPNEXTHOME.CA
MORE TRENDING ONLINE ypnexthome.ca/news
activities. Adjacent to the park, the Whitchurch-Stouffville Leisure Centre is a focal point of the community for fitness and home to the main library. Main Street offers a variety of restaurants, shops, services and a weekly farmers’ market, while larger brand name stores such as Metro, LCBO and Shoppers Drug Mart are a short drive away. Sales figures are approaching 70 per cent sold and an excellent selection of suites still remain, ranging from one- to three-bedroom designs in sizes from 672 to 1,368 sq. ft. For the remaining suites, prices start at $349,900 and include an underground parking space. Since 1977, Geranium has developed numerous master-planned communities, taking them from conception to completion, creating desirable neighbourhoods and establishing a solid reputation for quality design and construction. Visit the sales centre at 184 Glad Park Rd., north of Main Street and west of Ninth Line, in Stouffville. Call 905.591.1071 or visit paceonmain.com for more information.
A
COMING SOON LUXURY CONDOMINIUMS AT YONGE & ELLERSLIE FROM THE MID $200,000’s Brokers Protected. Illustrations are artist’s concept. Prices and specifications are subject to change without notice. E. & O. E.
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Advice | MORTGAGE ADVICE
5 ways to make buying a home more affordable By Alyssa Furtado
MORE ADVICE ONLINE ypnexthome.ca/news/advice
A RECENT BMO SURVEY FINDS nearly
one-third of millennials don’t think they’ll ever be able to afford a home. Although many believe they can’t afford to buy, it is possible. Here are some tips on how to make purchasing a home less costly: » Save: Setting realistic financial expectations, creating a savings plan and establishing a budget for before and after the purchase can help determine what is truly affordable. Use a mortgage affordability calculator to determine what your purchase price can be and understand all the costs involved in buying a home. Think not only of the down payment and mortgage payments, but also of the taxes, insurance, and upkeep you’re going to have to pay. The nest egg you accumulate by being frugal and resourceful shows lenders that you’re responsible, making it easier to qualify for the best mortgage rates available. Saving doesn’t mean giving up every pleasure in life. It implies a degree of moderation and discipline. Think of your future home as a monthly bill now and put aside a little bit each month. Pay close attention to your credit score as well. Missing even one credit card payment can stay on your credit reports for as long as 10 years and affect your dream of owning a home.
46 YPNEXTHOME.CA
» Avoid a high-ratio mortgage: A high-ratio mortgage is when a buyer makes a down payment of less than 20 per cent. Homebuyers can put down as little as five per cent when they buy a home, but they’ll also need to pay for mortgage default insurance. The less money you put down, the higher your mortgage insurance costs will be. For example, if you purchase a $450,000 home with five per cent down, you’ll have to pay $15,300 in mortgage default insurance, which is added to the amount of your mortgage. If you make a 20 per cent down payment, you’ll need to come up with more money but you’ll also save thousands of dollars because you won’t need to pay for mortgage insurance. » Lower your expectations: It can be difficult to find the perfect home in your desired location. There’s no shame in buying a fixer-upper in a less desirable neighbourhood and spending the money to do some renovations. It’s a good investment and is even better if you can do it yourself. As others buy in your neighborhood and renovate their homes, your property will become more valuable. Then you have a choice: You can sell your modest first home for more than you bought it for or stay put and enjoy.
» Tap into government resources: One great source of funding for a down payment is the Home Buyers’ Plan (HBP). The Canadian government allows first-time homebuyers to borrow up to $25,000 tax-free from their registered retirement savings plan (RRSP). If you’re purchasing with someone who’s also a first-time homebuyer, you can both access $25,000 for a total of $50,000. You don’t have to be married to qualify because common-law partners are also eligible. However, since the HBP is considered a loan, it must be repaid over a 15-year period. Repayments start in the second year after you withdrew the funds. » Become a landlord: Buying a home with a basement apartment and a tenant can help pay off your mortgage faster. But you shouldn’t count on the rent you receive to cover all of your mortgage costs. You should be prepared for the unexpected. Even the best tenants move out and your lender will still expect you to make your mortgage payments on time. Alyssa Furtado is founder and CEO of RateHub.ca, a website that compares mortgage rates, credit cards and deposit rates with the goal to empower Canadians to search smarter and save money.
JUL 30 - AUG 27, 2016 | NEW CONDO GUIDE 47
Advice | STAT CHAT
Should you buy what foreign investors buy? By Ben Myers
MORE ADVICE ONLINE ypnexthome.ca/news/advice
YOU CAN’T READ an article about Canadian housing these days without the author talking about foreign investors' impact on the market. Purchases by international residents are more of a problem in the single-family market in the Greater Toronto Area (GTA), where there is a major shortage of supply, and prices are being driven up to new record highs on a daily basis. I have long contended that foreign buyers (estimated at 5 per cent to 10 per cent of new pre-construction condominium buyers) have been very positive for the new GTA highrise market, as they bridge the long gap between launch and occupancy in the market, and help bring forth relatively affordable rental supply. I recently took a course on Global Real Estate Trends at MIT’s Centre for Real Estate in Boston Massachusetts, as I’m always looking for new information, trends, and expert analysis to apply to my examination and understanding of the Canadian and Toronto residential markets. In one of the lectures, my professor — who has a PhD in economics from Harvard — mentioned tips for understanding real estate markets. The two that stuck out were: markets tend to mis-price assets in marginal locations (leading to overpricing and over-construction), and the best bet are core assets with high location premium. This is how many foreign investors look at the Toronto condominium market, and perhaps 48 YPNEXTHOME.CA
it’s a good way for you to look at the market too. Forget cheaper marginal locations, buy core assets. Great locations remain great locations, and there is no guarantee that a good location will become a great location. This is why so many foreign investors stick with great locations, because they know they’ll retain their values, and these areas are often the quickest to recover when a market does experience a correction (for example, the New York and San Francisco downtown condo markets). For years I’ve had to listen to people tell me that too many condos are being built, young folks don’t really want to live in highrise buildings and that investors would “run for the hills” as soon as the market showed even the smallest sign of a price correction. None of these dire predictions have even come close to occurring. In fact, investors are more bullish on the Toronto condominium market than ever before, and seeing the huge demand for privately held condos being rented out, institutions and pension funds want to build new rental apartments in the GTA. Many foreign and domestic investors have made a fortune betting on the urbanization of Toronto and people's desire to live in dense communities
with ample amenities. Buying real estate in great locations is a very long-standing investment strategy for many wealthy individuals and corporations across the globe. So should you buy condominiums like foreign investors? I would say yes (if you can afford to of course). Downtown mixed-use highrise projects within walking distance of transit and employment will continue to be the most desirable places to live, and the premium you pay now for the privilege to own a suite in these buildings will seem like peanuts 15 years from now. If you’re on the fence about buying a condominium as an investment property, track down a realtor with experience in the pre-construction market and pick their brain. There is a lot to like about the Toronto housing market, and many outside the GTA and Canada can see that quite clearly. Happy condo hunting.
Fortress Real Developments partners with builders across Canada, and Ben assists in evaluating the market and projects that Fortress engages in. Follow his blog posts and commentary on the Canadian housing market at fortressrealdevelopments.com/news or follow him on Twitter at @benmyers29.
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Being one of the first to invest in a neighbourhood poised for growth is always a wise choice. The Kip offers exceptional quality, unrivaled features and finishings, and close proximity to the Kipling Station. This is your chance to purchase in Central Etobicoke at the right time, and at a price that may never be seen again.
STARTING FROM THE MID $200 S. TheKipDistrict.com SALES CENTRE 5143 DUNDAS STREET WEST (416) 207-1919
*Limited Time Offer. Prices and specifications subject to change with notice. Rendering is artist’s concept. E.&O.E. July 2016 ® Trademarks of Concert Properties Ltd., used under license where applicable.
*
Some see a building… I see SMART INVESTING.
. E ED IV RT NT TA CE S S IN HA ND N GA TIO IN UC IC TR PR NS ME CO D TI ITE
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Property Profile | CONCERT PROPERTIES
Location
Six Points Etobicoke Builder
Concert Properties Development
The Kip District Home Type
One- & two-bedroom condo suites Sales Centre
5143 Dundas St. W. Contact
TheKipDistrict.com
The Kip District Breaks ground in emerging central Etobicoke 50 YPNEXTHOME.CA
CONCERT PROPERTIES IS PROUD to be leading the way in the evolving Central Etobicoke neighbourhood with their master-planned community, The Kip District. This development, which recently broke ground on its first phase, is located at the intersection of Kipling and Dundas, adjacent to Kipling Station. This development represents an opportunity to get in early within a neighbourhood poised for growth – after all, savvy investing is all about timing. And with limited-time pricing starting from the mid$200’s, as well as a credit on closing incentive program, there has never been a better time get in. This is among Central Etobicoke’s best condominium values, and it won’t last long. The Kip District is a thoughtfully designed community that will feature five architecturally distinctive towers. They will stand proud in Etobicoke’s skyline and will be complemented by a central square and park. Designed by U31, homes at The Kip District Tower One feature distinctly modern design. Bright, open spaces benefit from over-height eight-ft.-sixin. ceilings and flexible, well-designed floorplans. Balconies and terraces extend living spaces and provide the opportunity to enjoy warmer weather. Contemporary linear kitchens with exceptional layouts have twotoned laminate cabinetry combined
with quartz countertops, integrated dishwasher and built-in oven, stove and microwave to create a streamlined, built-in aesthetic. Timeless bathrooms feature clean lines and a warm colour palette. The Kip One also features welldesigned common spaces such as the sophisticated double-height lobby as well as thoughtful amenities for your entertainment, fitness and convenience. Spend time with friends and loved ones on the outdoor
barbecue terrace; rooftop party room with catering kitchen, fireside lounge and wet bar; theatre or billiards room. For cyclists, there’s bicycle storage. For those who would rather hit the gym, The Kip District Tower One has that too. Pet owners will appreciate the park, central square and pet wash station. Homeowners within The Kip District will also benefit from many infrastructure and public realm improvements that are coming to
the area. After all, Central Etobicoke has been identified by the City of Toronto as an urban growth centre that will develop to be the focal point for the western part of the City. The area is expected to help accommodate the expected 40 per cent population growth the GTA will see by 2041. The Kipling Station Anchor Mobility Hub expansion will result in better connections between TTC, MiWay and GO Transit. The Six Points Interchange Reconfiguration will enhance vehicle traffic flow and accommodate future growth while at the same time make the area welcoming for pedestrians and bikes. The City’s Etobicoke Centre Public Space and Streetscape Improvements Plan seeks to transform Dundas into an active, lively and people-oriented space. It isn’t often that an opportunity arises to be among the first to buy in an emerging new, transit-oriented master-planned community in a rapidly-developing area. Take the next steps towards securing a quality home that could also prove to be a great investment by visiting TheKipDistrict.com. JUL 30 - AUG 27, 2016 | NEW CONDO GUIDE 51
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Trending
Millennials and gen Xers far less confident they’ll meet financial goals: CIBC poll FAR FEWER MILLENNIAL and
generation X Canadians are confident they’ll meet their financial goals than they were just six months ago, finds the latest CIBC Quarterly Financial Confidence Poll. After a sharp 12-percentage-point drop for both age groups, only 72 per cent of millennials and 66 per cent of gen Xers now say they will be able to attain their financial goals in the next 12 months. For baby boomers, however, financial confidence has edged up three percentage points, with 82 per cent now confident they will meet their goals. 54 YPNEXTHOME.CA
“We had a very gloomy start to 2016, with a reeling loonie and a soft economy and jobs market, and much of that sentiment continues to weigh on confidence,” says Sarah Widmeyer, managing director and head, Wealth Strategies Group, CIBC. “Our poll also reveals the stress of everyday life for millennials and gen Xers — going to school, working, paying your household bills, trying to save for a house or taking care of your family. Combined with a string of gloomy economic news no wonder this cohort is feeling less certain they’ll achieve their financial goals.”
Key poll findings include: » Overall, 73 per cent of Canadians say they are confident they will meet their financial goals over the next 12 months (down from 80 per cent in December 2015). » Millennials (18 to 34 years) were the most confident group back in December 2015, but confidence has since fallen significantly from 84 to 72 per cent. » Generation X (35 to 54 years) continues to be the least confident group, dropping from 78 to 66 per cent. » Baby boomers (55-plus years) feel more positive, with their
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Sales Centre Open: Mon. to Thurs. 12-6, Sat. & Sun. 12-5 Closed Fridays *Jump Start is a new program to make home ownership easier. Now, pay just 5% down, plus 5%, 1 year later. The Jump Start to Home Ownership program is available on a limited number of suites to qualified buyers. In cooperation with The City of Toronto, Province of Ontario and The Government of Canada, additional deposit funds are provided interest and payment free, to increase your total deposits to over 25%. Conditions apply. See Sales Rep. for details.
Exclusive Listing: Cornerstone Marketing Realty Inc., Brokerage. Brokers Protected. Prices and specifications are subject to change without notice. E. & O.E. Illustration is artist’s impression.
JUL 30 - AUG 27, 2016 | NEW CONDO GUIDE 55
financial situation today. The findings were similar to their financial confidence outlook: Only 59 per cent of millennials and even fewer (57 per cent) of gen Xers feel positive about their finances, compared to 78 per cent of baby boomers, who are feeling the most optimistic. “When you feel negative about the status of your finances, you should sit down and talk to someone who can help you assess your situation, give advice and boost your confidence,” says Widmeyer. “There’s always something that can be done.” Mid-year is a good time to sit down and re-evaluate your personal financial situation, she adds. “If you have a plan, take a look to see if it is still realistic and whether changes in the market require you to make adjustments to your expectations, timeframe or investment choices,” says Widmeyer.
FIVE TIPS FOR FINANCIAL FITNESS 1 | Live within your means 2 | Define your wants versus needs 3 | Pay down highest interest rates first 4 | Don’t make late payments 5 | Set up account and auto-pay alerts confidence edging up from 79 to 82 per cent. » 68 per cent of Ontarians now feel confident, down from 80 per cent six months ago. While oil prices and a sluggish economy dented how Albertans felt about their finances in the first three months of the year (an eight percentage point drop to 64 per cent in the first quarter), their confidence has since rebounded, now at 69 per cent. Widmeyer notes that experience in riding out market and economic cycles can mean a lot in maintaining confidence about financial goals. 56 YPNEXTHOME.CA
“While macro events, like Brexit, can spark fear and gloom in the markets, these are things beyond our control,” she says. “What you can control is your personal finances and how you manage them. The key is to set and prioritize realistic short- and long-term goals, and take concrete steps each month to achieve them. When you have the right plan, then periodic market noise becomes just that, noise, that really shouldn’t change your financial priorities.” Feelings about personal finances today closely tied to future outlook The poll also asked Canadians how they feel about their personal
Four tips to help boost your financial confidence 1. Get a check-up – CIBC’s Financial Health Check tool (cibc.com) is a great starting point. It takes only five minutes to complete and provides basic personal advice based on your goals, budget and savings ability, as well as an opportunity to meet with an advisor. 2. Write down your goals – Countless studies show that those who write down their goals are more apt to achieve them whether they are health, career or financial goals. 3. Set realistic goals – You might want to save or pay down debt as quickly as possible, but if your budget doesn’t support it, modify it. You can still set big goals, but achieving smaller goals along the way can boost your confidence and keep you on track. 4. Review your goals and track your progress – This is key to staying on track and gaining a sense of achievement. You can modify your goals if your situation changes.
FAMILY-SIZE SUITES LARGE URBAN YARDS Introducing
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George is an intimate residence featuring 83 suites and 8 modern townhomes. Named for George Leslie, a famous horticulturalist and one of the founders of this historic community, George is built for design-conscious urbanites with an eye for the outdoors.
ONE BED from $324,900 ONE BED & DEN from $384,900 TWO BED from $439,900 TWO BED & DEN from $619,900 MODERN TOWNS from $999,900
VE DA OO ENW GRE ave hiltz
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LES LIE ST
P R E S E N TAT I O N G A L L E R Y
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ave knox
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laing st
The Urban Yard, an expansive well articulated outdoor space, allows you to relax and retreat from the hustle and bustle of everyday life. The Urban Yard is an extension of your living space, outfitted with tiled flooring, custom designed privacy screen and your own gas BBQ. This is The Urban Yard™ by Rockport.
1256 Queen East, just east of Leslie St Mon-Tue 12-6 / Wed 2-8 Thurs 12-6 / Sat-Sun 12-5
GeorgeCondos.ca
416.223.0003
Life. Lived better.
JUL 30 - AUG 27, 2016 | NEW CONDO GUIDE 57
Property Profile | CITYZEN CORP & FERNBROOK HOMES
Pier 27 Resort Oasis steps from Downtown
58 YPNEXTHOME.CA
Location
East Bayfront Builder
Cityzen Corp & Fernbrook Homes Development
Pier 27 Condos Home Type
Condo suites Sales Centre
25 Queen’s Quay East Contact
416-367- 3456 pier27tower.com
EIGHT MINUTES IS ALL IT TAKES to walk home
from work in the Bay St. Financial District, says Lori Seguin, who recently moved with her husband Gilles into their suite on the 11th floor at Pier 27 Condos. The Seguins feel their 750-sq.-ft. suite is perfect, combining everything they could possibly want about downtown life: walking distance to all that downtown has to offer, a panoramic view over the lake, and an array of on-site amenities. They have it all – a spacious suite overlooking the lake, in a building designed by renowned architect Peter Clewes, a resort-like amenity package with pools and cabanas, and theatres, shops and restaurants at the front door. “By living downtown … I feel like I’ve expanded my life,” says Gilles. “We don’t plan to ever leave because it feels like we’re at a resort every day.” For all its being in the centre of so much action, Pier 27 is an oasis for residents. Lori says she instantly feels calm coming home after the buzz/bustle of downtown. “It’s being able to see the water – it makes me feel tranquil and I sit there for hours,” she says. When the couple isn’t relaxing in front of the view, they’re taking advantage of Pier 27’s resort lifestyle: a spa-like indoor pool, with views of both city and lake; an outdoor pool with barbecue areas and cabanas for soaking up the sun; games room; theatre; party room; outdoor terraces; and professional grade fitness facilities custom programmed by Movement Haus by Benchmark Group.
“We don’t plan to ever leave because it feels like we’re at a resort every day.” Waterfront Toronto’s plan to transform Queen’s Quay into a grand lakeside boulevard is one of the most ambitious urban revitalization projects in the world. The tree-lined 45-metrewide promenade for pedestrians and cyclists will open up the whole waterfront area, says Sam Crignano, president of Cityzen Corp, which developed and built Pier 27 in partnership with Fernbrook Homes. It means a coveted 100 per cent walkability score for the project, with easy access to St. Lawrence Market, Rogers Centre, Air Canada Centre, Sony Centre for the Performing Arts, Entertainment and Distillery Districts, Union Station, subway, GO Transit, VIA Rail and the ferry to Toronto Island and the Billy Bishop airport. The revitalization project connects the neighbourhoods to the Martin Goodman Trail for pedestrian and biking access to Sugar Beach, Cherry Beach, Tommy Thompson Park and to the several sailing clubs and marinas. A quick walk to the west, is Harbourfront with yearround performance events, boutique shops and cafes, and skating rinks. The launch of the Queen’s Quay LRT will pave the way for more retail along Queen’s Quay, more commercial and office space, and more residential development. “It’s going to be quite the destination,” Crignano says, “with the increased nightlife, restaurants and evening related commercial activities. I’m quite excited about the future here.” Designed by architect Peter Clewes of architectsAlliance, Pier 27 has drawn attention for its iconic structure, especially the unique “bridge.” Only a handful of suites remain from the first two phases – two 14-storey towers connected by a “bridge” of suites. Currently on the market is Phase 3, Pier 27 Tower on the Lake, a 35-storey tower with a 12-storey podium on the south side of Queen’s Quay. The Pier 27 presentation centre with fully furnished model suite is located at 25 Queen’s Quay E., open 12 to 6pm, Monday to Thursday; closed Friday; 12 to 5pm Saturday and Sunday. Call 416-367- 3456 or visit pier27tower.com. JUL 30 - AUG 27, 2016 | NEW CONDO GUIDE 59
Trending
GTA Realtors release Q2 condominium market figures Condominium Apartment Market Summary Second Quarter 2016 2016
2015
Sales
Average Price
Sales
8,965
$415,326
7,637
$387,814
294
$440,877
235
$360,981
Peel Region
1,178
$304,055
1,035
$277,643
City of Toronto
6,306
$442,692
5,355
$416,286
York Region
987
$390,038
835
$375,209
Durham Region
182
$299,216
166
$266,620
Other Areas
18
$253,300
11
$252,409
Total TREB Halton Region
Average Price
TORONTO REAL ESTATE BOARD
President Larry Cerqua announced another very strong quarter for condominium apartment sales in Q2 2016. Greater Toronto Area Realtors reported 8,965 condo apartment sales between the beginning of April and end of June. This result represented an increase of 17.4 per cent in comparison to the same period in 2015. “TREB Realtor members are involved in all aspects of the condominium apartment market in the Greater Toronto Area, from working with buyers at the preconstruction stage of development through to the resale or rental of existing units. While we have certainly 60 YPNEXTHOME.CA
MORE TRENDING ONLINE ypnexthome.ca/news
seen a lot of condo construction over the last few years, project completions have not resulted in a glut of inventory. Over the past year, we have actually experienced tighter market conditions and accelerating annual rates of price growth,” said Cerqua. The average selling price of a condominium apartment in Q2 2016 was $415,326 — up 7.1 per cent compared to Q2 2015. The MLS Home Price Index apartment benchmark price was up by a similar 7.9 per cent at the end of June. “Similar to the lowrise market segments, we have seen growth in condo sales outstrip growth in condo listings this year. Seller’s market conditions exist for condominium apartments in many parts of the GTA including Toronto’s downtown core. This is why we are seeing average price growth well above the rate of inflation,” said Jason Mercer, TREB’s director of market analysis.
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Trending
Municipal land-use regulation negatively impacting housing affordability in
Toronto, Vancouver and Calgary
ONEROUS MUNICIPAL regulations for residential development are reducing the supply of new homes (houses, condos and townhouses) in Canada’s biggest cities and contributing to rising home prices, according to a new study from the Fraser Institute, an independent, non-partisan Canadian policy think tank. “The dramatic growth in prices in Canada’s major housing markets is exacerbated by municipal regulations that restrict housing supply, encourage the growth of prices and negatively impact the affordability of housing,” says Kenneth Green, Fraser Institute senior director and co-author of The Impact of Land-Use Regulation on Housing Supply in Canada. The study, the first of its kind in Canada, covers 68 municipalities (including 18 of Canada’s largest) and analyses the impact of five measures of land-use regulation — construction approval times, timeline uncertainty, regulatory costs and fees, rezoning and the effect council and community groups have on 62 YPNEXTHOME.CA
development — on the growth of housing supply. The core finding is that in more regulated municipalities, housing supply tends to grow less, even after accounting for other factors such as geographical constraints and transportation. The study finds that long projectapproval timelines are particularly detrimental. For example, increasing the time it takes a builder to obtain a construction permit by six months reduces the growth of new housing by 56 per cent. The study also uses survey data from developers to gauge the effect of timeline uncertainty in each municipality, with responses measured on a five-point scale from (1.0) “encourages development” to (5.0) “would not pursue development due to uncertain approval timelines.” When the perceptions of developers moved from the average (2.8 out of 5.0) to a higher level of uncertainty, growth of new housing dropped by 51 per cent. This finding
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is critically important in Vancouver, Toronto and Calgary, which have considerably more uncertainty than average. “Regulatory reform at city hall, especially simplifying the process of obtaining building permits where housing demand has grown, could reduce homebuilding costs, increase the number of homes on the market and subsequently push down prices,” says Pierre Desrochers, Fraser Institute senior fellow and associate professor of geography at the University of Toronto Mississauga. “Reforming regulations to encourage new building won’t be easy, but city governments have policy levers at their disposal to help alleviate housing affordability problems in Canada’s major cities,” Green says.
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*See sales representative for details. Prices and specifications are subject to change without notice. Rendering is artist`s concept. Marketed by International Home Marketing Group. Brokers protected. E. & O.E. June 8, 2016.
JUL 30 - AUG 27, 2016 | NEW CONDO GUIDE 63
Inspiration | DESIGN SECRETS
THE NEW LIVING ROOM By Jane Lockhart ONCE UPON A TIME A HOUSE had one living room and it was inside the home. That’s when your choice of outdoor furnishings included a wooden picnic table, scratchy, plastic woven slatted folding chairs, back-breaking cast iron or heatabsorbing metal seats. Today with advances in technology and a continuing desire to spend more time enjoying the outdoors, every backyard, balcony or patio has the potential to be transformed — with options such as full-sized sectionals to petite bistro sets, it’s the new living room.
Materially speaking Like indoor furnishings, much of what you select depends on your taste and budget but durability, scale, maintenance and storage are also important factors to consider. With advancements, most outdoor furniture is now made to last. Materials such as rustproof aluminum offer a lightweight option especially if you need to move dining chairs in and out at the table. Aluminum can also take a lot of weight and is midpriced in all the options. Durable, stainless steel is the heavier, stronger option. It can withstand extreme temperatures,
(although it can get hot without cushions) but it can also rust if not properly coated. Steel is probably the most expensive of all the materials and can be difficult to move but will look beautiful in a contemporary setting. Synthetic resin wicker is a longerlasting, synthetic weave wrapped over an aluminum frame. “Wicker” refers to the weave pattern not the material used and is much more durable than traditional rattan. It will resist moisture and shouldn’t crack or fade especially if it’s High Density Polyethylene (HDPE) as opposed to PVC wickers. …continued on page 66
64 YPNEXTHOME.CA
The developer reserves the right to make changes and modifications to the information combined herein without prior notice. This is not an offering for sale. E&OE.
JUL 30 - AUG 27, 2016 | NEW CONDO GUIDE 65
…continued from page 64
Undercover fun Canopies, arbors, umbrellas, gazebos and awnings can provide shade and some protection in the summer months. From wood and steel to canvas and sail cloth, the materials used determine whether it’s a seasonal shelter or a permanent one. Whether you’re trying to evoke a bit of Tuscany in your outdoor dining room, a sleek Miami lounge or a chic Bohemian oasis, treating yourself to a vacation in your backyard is easier than ever.
Release your muse Although you may prefer a calm neutral setting, don’t be afraid to let your fun, summer muse out by considering bright colours and vivid patterns for your cushions. From nautical to tropical, beach motif to florals and stripes, with the outdoors as the backdrop anything goes.
Homework first
Teak is the best wood option for outdoor furniture. Teak produces its own natural oil and with care can last for years outside. It’s strong, not as heavy as steel but not as light as the synthetic or aluminum options. Some people prefer to let it age naturally to a silvery patina however it can absorb moisture, inviting mould, mildew and rot if you’re not careful.
Take a seat for a test drive With all options always test-drive the pieces for comfort and ease of movement. Well-made pieces will have caps covering nuts, bolts
and screws to protect them from moisture, which can lead to rust. Also look out for sharp unfinished edges that can catch and ruin clothing. The cushions are just as important as the frames when it comes to durability. Make sure the fabric is water-resistant. Most are filled with some form of polyester fibre and foam and some are treated to resist stains and mildew. For optimum performance from fading and wear, store the cushions in a deck container or indoors during rainy weather or when you’re not using them. Most can be cleaned with soap and water.
Before you shop, be sure to measure the space you want to furnish. That balcony or long porch may be best suited for a cozy love seat and a couple of scaled down armchairs rather than a bulky sectional. If you have a large space consider making outdoor “rooms” by separating dining from lounging, etc.
Embrace it! Outdoor summer living should be embraced to the fullest because before long we’ll be wondering where we’re going to store the furnishings off-season. Shed? Garage? Basement? Plan ahead and know before you buy. But try not to dwell on that part, after all you want to feel like the living is easy for as long as possible.
Jane Lockhart is founder and principal designer of Jane Lockhart Interior Design. She was creative director and host of W Network’s top-ranked show, Colour Confidential, and has a Canadian-built furniture collection, Jane by Jane Lockhart, by Statum Designs. Visit online at janelockhart.com
66 YPNEXTHOME.CA
Lobby Rendering
CONDOMINIUM RESIDENCES AT AVENUE ROAD NORTH OF ST. CLAIR
Top Location. High Quality.
Thoughtfully designed, efficient suite layouts with oversized balconies/ terraces and extra bathrooms distinguish 609 Avenue Road from others. This is your opportunity to live amongst the City’s most prestigious neighbourhoods – Forest Hill and Deer Park. You will be steps away from Upper Canada College and Bishop Strachan, as well as the many shops and cafes that the area has to offer. 2 BEDROOM + DEN SUITES FROM 822 SQ.FT. STARTING FROM THE $600’S TO OVER $2.5 MILLION*
416-489-5194 • 609AVENUE.COM *Prices and specifications are subject to change without notice. Rendering is artist’s concept. E. & O.E. Exclusive Listing Brokerage: Milborne Real Estate Incorporated. Brokers Protected.
JUL 30 - AUG 27, 2016 | NEW CONDO GUIDE 67
Property Profile | FREED DEVELOPMENTS
346 Davenport A luxury escape within the city PERFECTLY POSITIONED at the
epicentre of Toronto’s most desirable neighbourhoods — including The Annex, Yorkville, Summerhill and Rosedale — Freed Developments’ newest residential project is making a statement that’s seriously sophisticated. As Canada’s top lifestyle developer, Freed has been changing the face of the city with its unique brand of design-based development for more 68 YPNEXTHOME.CA
than 20 years. With an emphasis on modern design, contemporary architecture and unrivaled amenities, Freed’s developments are more than just beautifully designed buildings, they’re lifestyle hubs where residents have it all, right near where they work and play. While the award-winning developer’s newest project, 346 Davenport, will boast Freed’s signature design and five-star
location, it will also be one of the developer’s smaller and more intimate projects. “With just 35 suites, 346 Davenport is our smallest project right now, but it will also have wide purchaserappeal,” says Peter Freed, president. “Its premium location, conscientious approach to architecture and design, and the large suite layouts will appeal to a wide range of buyers, including those looking to downsize from houses in the surrounding established neighbourhoods, to young buyers looking for a distinctive address and a place to grow into.” Designed by the award-winning Raw Architects, 346 Davenport boasts
Location
Dupont St. & Davenport Rd. Builder
Freed Developments Development
346 Davenport Home Type
two- and two-bedroom plus den suites; three- and three-bedroom plus den suites Sales Centre
346 Davenport Rd. Contact
346davenport.com
a modern and contemporary façade of concrete, steel and sleek glass panels, and staggered geometric balconies. The nine-storey tower is characterized by wistfully sprouted greenery and ultimately defined by an architecturally-striking stone band running vertically up the façade that will ensure a timeless elegance. “346 Davenport is the perfect canvas to create the true definition of what a home should be,” says Diego Burdi of Toronto’s interior design firm Burdifilek. “In this wellappointed building, pure luxury is about designing individuality, creating a uniqueness for the homeowner.” “This development is boutique in every sense of the word and will have everything that best exemplifies the highest calibre of luxury in today’s market,” adds Burdi. “From its luxurious palette of finishes to the level of design detailing.”
“The sophisticated suites have been designed with expansive south-facing terraces, tall ceilings and generous rooms with open floorplans, wellsuited for entertaining,” says Raw Architects Partner, Roland Rom Colthoff. Suites will also boast floorto-ceiling windows, wide-plank engineered hardwood flooring and gas barbecue connections on all balconies and terraces. The owner of the penthouse suite at 346 Davenport will also enjoy exclusive use of a private rooftop terrace and infinity pool. Kitchens will feature customdesigned European-style cabinets, integrated Miele appliances, 1.5-inch countertops and a kitchen island. The spa-inspired bathrooms will include frameless shower enclosures with stone tiling, contemporary custom-designed European-style
vanity cabinets and natural stone countertops, as well as freestanding soaker tubs and rain shower heads in the master bathrooms. The ultra-spacious residences range in size from 1,016 to 5,062 sq. ft., with a selection of two- and three-bedroom suites available, many with a den option. Prices begin from $899,900. From its prime location, 346 Davenport is in close proximity to many of Toronto’s finest restaurants, chic boutique retailers, local grocery and specialty food purveyors, lush landscapes and greenspaces, fivestar hotels and lively entertainment options. While close to all the amenities of living in a bustling urban setting, 346 Davenport is tucked away and still “feels a world away from the frenzy and commotion of the downtown,” says Freed. “It’s a perfect location for an exclusive group of just 35 residents and their families who value a contemporary city lifestyle, but still want to be away from the commotion and preserve their privacy.” For more information, visit 346davenport.com or visit the sales centre at 346 Davenport Rd. Hours of operation are Monday to Wednesday from noon to 6 p.m.; Thursday from noon to 7 p.m.; and Friday from noon to 5 p.m. JUL 30 - AUG 27, 2016 | NEW CONDO GUIDE 69
Advice | CONDO SENSE
It’s planting time...on your balcony By Don Kearney
MORE ADVICE ONLINE ypnexthome.ca/news/advice
IF YOU LIVE IN a condominium that
has plenty of greenspace, it may be enough to satisfy your need for green. If you love gardening but feel like condo living may not provide you with that outlet, it’s time to rethink your balcony space and turn it into a lush and useful garden to call your own. One of the first considerations before starting a balcony garden will be deciding what kind of garden you’d like to grow. If you’re someone who loves colour, flowers are the way to go. If you want a serene setting, grasses and succulents are your best bet. Are you an avid chef? If so, there are many herbs and spices that grow well in containers. The other major factor to consider before planting is the amount of sunlight your balcony receives. This can dramatically affect what you can plant in your outdoor space. Finally, it’s also a good idea to check with your property manager regarding your condominium’s rules and regulations about what kinds of containers are acceptable for use on your balcony. There is an array of flowers to suit any colour palette and sun/shade combination. Full sun generally means more than six hours per day and flowers like ornamental peppers, marigolds and cupflower are great sun worshipers that often resist fading. For shade flowers, impatients, fuchsia, begonias or browallia will add colour without the need for hours of direct sunlight. Additionally, many of the above-mentioned flowers are also 70 YPNEXTHOME.CA
If you love gardening but feel like condo living may not provide you with that outlet, it’s time to rethink your balcony space and turn it into a lush and useful garden to call your own. suitable for partial shade (less than six hours of sunlight) and all grow well in pots or planters. To create a serene space, ornamental grasses and succulents, mixed with appropriate furniture and accented ornaments, are often used with a great degree of success. In addition, succulents such as aloe or jade plants require very little care and minimal watering, making them the ideal plant if you don’t have an exceptional green thumb. Feather reedgrass, blue oatgrass and zebragrass grow well in the sun whereas purple moorgrass, blue fescue and purple millet do better in partial shade. Growing your own herbs on your balcony will add zest to your cooking
and many do well in container gardens. Mint is a great container herb as it tends to overrun a garden if not contained. Basil, tarragon, lavender, oregano, thyme and rosemary all do well in full sun with chives, cilantro and lemon balm being tolerant of partial shade. Think about what kind of container garden you want and prepare yourself for a summer of colour, Zen relaxation or delicious herbs, all from the comfort of your own balcony garden.
Don Kearney is part of the Menkes team. Follow Menkes on Facebook at facebook.com/menkeslife, and on Twitter at twitter.com/Menkeslife.
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s protected. Prices andPrices specifications are subjectare to change without notice. Rendering is artist’s concept. *See Sales*See Representative for more details. Brokers protected. and specifications subject to change without notice. Rendering is artist’sE.&O.E. concept. E.&O.E. Sales Representative for more details.
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Trending
Devron Developments brings amenities to life at exclusive sneak peek of The Vanguard DEVRON DEVELOPMENTS hosted
a private event to exclusively introduce residents of the Grandview neighbourhood to their newest condo project, The Vanguard. Guests had an opportunity to see inside The Vanguard sales centre and preview the stunning model suite, designed by renowned interior design firm, II By IV Design. They were also among the first to experience the lifestyle at The Vanguard as amenities were animated through a series of interactive lifestyle stations. “Every last detail in The Vanguard reflects the values of the community and tells residents this is a place they can be proud to call home,” says Pouyan Safapour, COO at Devron Developments. “It was important for us to give the Grandview residents an exclusive sneak peek of The Vanguard.” In tune with the Grandview neighbourhood, The Vanguard offers spacious family-sized suites ranging from 522 to 3,920 sq. ft, and keeps maintenance fees low through its targeted LEED Gold Certification. The Vanguard, with prices starting from the high $200s, is located in one of the hottest pockets in the city. Value in the Yonge and Grandview area increased significantly, at 28 per cent in 2014 over 2013. An average singledetached home in the area currently costs $1.81 million, making The Vanguard a great investment. Guests got a taste of the neighbourhood with custom hors d’oeuvres inspired from different cultures of the neighbourhood. An organic pick-your-own salad station offered a glimpse of life at the proposed 7,000-sq.-ft. 72 YPNEXTHOME.CA
MORE TRENDING ONLINE ypnexthome.ca/news
rooftop terrace where residents will have access to community gardens while overlooking The Vanguard’s half-acre public park. As a nod to The Vanguard’s progressive future, four Tesla Destination Chargers are available to the public outside the sales centre. When the project is complete, there will be Tesla Destination Chargers installed on the ground floor available to residents — making Devron the first developer in the GTA to claim a spot on the Tesla map. If that were not enough, Devron will also be installing six additional EV chargers to accommodate other makes of electric vehicles. The Vanguard is located at 7089 Yonge St. This 25-storey residential tower will feature one-bedroom units to four-bedroom family-sized suites. To be among the first to preview The Vanguard, be sure to register online at vanguardto.com. For more information, email info@vanguardto.com or call 289.597.2005.
Trending
Sales of new highrise homes boom while lowrise inventory continues to shrink SALES OF NEW HIGHRISE HOMES
surged in May while lowrise inventory fell to a new record low, the Building Industry and Land Development Association (BILD) announced today. In May there were 3,623 new highrise units sold, making it the second-highest month on record for highrise sales. Only November 2011 saw more new highrise condos sold in the GTA. At the same time, the supply of lowrise homes available for purchase in the GTA reached a new record low of 1,985 homes. This is the first time that builders’ inventory of new detached, semi-detached and townhomes in the GTA has fallen below 2,000 homes. Ten years ago in May 2006, there were 16,420 lowrise homes in builders’ inventory. Total inventory of new homes in May declined to 19,209 units, down from 29,754 in May 2006. Highrise inventory consisted of 17,224 homes, compared to 13,334 a decade ago. “The industry is following the province’s Growth Plan intensification policies which emphasize highrise development in the GTA,” said BILD
MORE TRENDING ONLINE ypnexthome.ca/news
President and CEO Bryan Tuckey. “Nine out of 10 of the new homes available for sale in the GTA are highrise and midrise condominiums.” The launch of two major condo projects in Vaughan and Ajax contributed to the strong highrise sales, according to Altus Group, BILD’s official source for new-home market intelligence. May highrise sales were up 76 per cent from a year ago and nearly double the 10-year average of 1,896. The average price of a new lowrise home in the GTA reached yet another new record high in May, when it climbed to $875,154. After surpassing the million-dollar mark for the first time in March, the average price of detached homes grew to $1,125,988 in May. “A shortage of serviced developable land in the region is significantly reducing the supply of new lowrise homes brought to market and helping drive up prices,” said Tuckey. “Healthy levels of condo supply, combined with creative suite designs that maximize each square foot of space, have helped keep homeownership within reach for the many buyers who have been priced out of the lowrise market,” he added. The average price of a new highrise home was $454,304, a three-per-cent increase from May 2015. The average price per square foot in May was $573, and up three per cent from last May. Lowrise sales declined 15 per cent from May 2015 with 2,091 homes sold. Highrise sales recorded increases in all GTA regions except Halton Region, with the highest increases coming in Durham and York Regions. A complete table of May 2016 sales is available below.
May new-home sales by municipality: MAY ‘16
LOWRISE
HIGHRISE
TOTAL
REGION
2014
2015
2016
2014
2015
2016
2014
2015
2016
Durham
296
252
502
47
27
602
343
279
1,104
Halton
188
310
408
105
118
107
293
428
515
Peel
423
874
738
58
186
206
481
1,060
944
Toronto
222
157
12
1,604
1,281
1,476
1,826
1,438
1,488
York
752
855
431
234
441
1,232
986
1,296
1,663
GTA
1,881
2,448
2,091
2,048
2,053
3,623
3,929
4,501
5,714
January-May
7,780
9,492
9,342
8,429
8,283
10,571
16,209
17,775
19,913
Source: Altus Group
74 YPNEXTHOME.CA
be an original be an original Coming soon to Danforth Village Coming soon tocondos Danforth Village Design savvy from the mid $200s Design the mid $Greektown 200s & The Beach. Live ahead ofsavvy the curve oncondos The Danforth,from steps from the subway, Cutting edge & ultra-modern amenities onethe of Toronto’ most vibrant&neighbourhoods. Live ahead ofsuites the curve on The Danforth, stepsinfrom subway,s Greektown The Beach. Your CANVAS. Your expression. Cutting edge suites & ultra-modern amenities in one of Toronto’s most vibrant neighbourhoods. Your CANVAS. Your expression.
Register Now canvascondos.ca Register Now canvascondos.ca Prices and specifications are subject to change without notice. ©2016 MARLIN SPRING. Exclusive Agent, Milborne Real Estate Inc., Brokerage, Brokers Protected. Prices and specifications are subject to change without notice. ©2016 MARLIN SPRING. Exclusive Agent, Milborne Real Estate Inc., Brokerage, Brokers Protected.
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Property Profile | VANDYK GROUP OF COMPANIES
There grows the neighbourhood! The future looks bright in Sunnylea Location
Berry Rd. & Stephen Dr. Builder
Vandyk Group of Companies Development
Backyard Neighbourhood Condos Home Type
One- to two-bedroom plus den condo units Sales Centre
188 The Queensway Contact
647.427.4048 76 YPNEXTHOME.CA
FOR THOSE WHO AREN’T FAMILIAR with the highly sought-after Sunnylea neighbourhood in south Etobicoke, here’s a news flash for you — it’s growing! This historic, residential district lies between Islington Avenue and the Humber River and has been a popular neighbourhood for families to settle down in over the past few decades. Today, Sunnylea is hotter than ever. The average resale home in Sunnylea sold for $1,058,619 last month, according to Toronto MLS. That’s up seven per cent over last year. Sixty-two per cent of those homes sold over asking! And 21 per cent of sales in Sunnylea were new condos. Adding to that growing
number is an exciting new mixedused development, Backyard Neighbourhood Condos by Vandyk Group of Companies. This masterplanned community is invigorating the neighbourhood with its familyfriendly feel and community-focused footprint. Until recently, Sunnylea was a hidden gem — a quiet west-end neighbourhood that appealed to those in the know, coveting their little piece of suburban heaven right in Toronto’s backyard. Now the secret is out — Sunnylea is a rare pocket
Until recently, Sunnylea was a hidden gem — a quiet west-end neighbourhood that appealed to those in the know, coveting their little piece of suburban heaven right in Toronto’s backyard. within Toronto and an in-demand neighbourhood that shouldn’t be overlooked. With a growing awareness of its value and location comes a pent-up demand for new homes and, in particular, attractive and carefree condo living. The recent success story of Backyard Condos is a testament to this growing trend. The appeal of Backyard Condos lies in its location and lifestyle within the Sunnylea community. The midrise condominium community fits in with the ‘60s suburban neighbourhood scale of single-family homes and lowrise apartments. The area is transitioning with many mature adults looking to sell their homes and move into carefree condo
residences. In addition, younger professionals and families are also coming to south Etobicoke to put down roots and settle into a familiar neighbourhood. “A large number of Backyard buyers came from within the Stonegate and Parklawn districts of Sunnylea,” says Vicki Schmidt, vice president of sales at Vandyk Group of Companies. Schmidt points out that the buyers make up a diverse group of locals who expressed their love of the community. “By transitioning into a condo in the same neighbourhood, they can continue their lifestyle of local shopping and regular walks along the Humber River while
remaining in close proximity to downtown with the TTC right outside their door,” says Schmidt. Some of Backyard’s new residents are young professionals returning to their childhood neighbourhood as first-time homeowners. “Being familiar with all the neighbourhood amenities and staying close to friends and family were important to them,” explains Schmidt. “So they snapped up the popular and functional onebed and one-bed plus den options.” Schmidt also says they wanted to be close to the active waterfront lifestyle at Humber Bay Shores and the lively Kingsway, Bloor West Village and Roncesvalles dining and shopping areas. Mature folks and growing families in the neighbourhood gravitated to the larger two-bedroom and twobedroom plus den plans — many of which offer a desirable split bedroom layout. “They get to stay in the community they know and love but have a new construction without worrying about maintenance,” says Schmidt. “So they can spend more time enjoying the outdoors — like the one-acre park in the heart of the Backyard community.” Backyard Condos’ recent launch of the first residential building, The Humberside, has been a local success story. A great selection of suites still remain, starting in the mid-$200s. Functional floorplans, affordability and a prime location, Backyard Condos has it all! Visit The Condo Shoppe at 188 The Queensway in Etobicoke. For more information, call 647.427.4048 or visit backyardcondos.com. Don’t miss your chance to own and live in the Sunnylea neighbourhood. JUL 30 - AUG 27, 2016 | NEW CONDO GUIDE 77
Trending
Saving tips for first-time homebuyers
HOMEOWNERSHIP is a big dream for
many young Canadians, and is likely the single biggest investment most of us will make in our lives. While saving for a down payment can be challenging, Farhaneh Haque, director of mortgage advice at TD Canada Trust, says that young Canadians can save for a down payment a little quicker by following a few simple rules. “First, examine your budget and set a savings goal,” says Haque. “Take advantage of online budgeting tools to gain insights into where you spend your money. Also remember that in addition to your down payment, you will need to save for the additional costs involved with a home purchase, which include moving costs and legal fees.” Next, curb your spending and increase your savings. “Even a small adjustment in your spending habits can go a long way toward helping you save a bigger down payment,” 78 YPNEXTHOME.CA
Even a small adjustment in your spending habits can go a long way toward helping you save a bigger down payment says Haque. “For example, consider using transit to get to work instead of driving and paying for parking — it can really add up over time.” One of the most effective — yet overlooked — strategies is to put money aside before you can spend it. Haque suggests setting up a regular, pre-authorized transfer service that moves a specific amount from each pay cheque into a high-interest savings account. Making savings automatic is a simple and effective way to stay disciplined while saving for a down payment. Finally, Haque reminds first-time homebuyers that they may be able to take advantage of the federal government’s Home Buyers’ Plan. “Those who have been actively saving
for their retirement can access up to $25,000 from their RSPs to bump up their down payment when they purchase their first home. The RSP funds must be paid back within 15 years, so it is important to factor this repayment into your monthly budget.” For more advice on saving for a down payment,visit tdcanadatrust.com/homeownership.
FROM THE LOW
$300S
! Y T R E B I L E EM S HERE
GFIOVR ME, EVERYTHING I
80 NEW HOME BUYERS THIS SUMMER! Hi, I’m Lamar and this is my new home. Liberty Village has everything I need close by. It’s just a short walk to bars, restaurants, groceries, the gym, coffee, even work. Liberty has fantastic shops, whether for the basics or something special, transit options, and parks like Fort York, while sitting a stone’s throw from the waterfront. And it doesn’t hurt that the TFC plays down the street at BMO Field (also new home of the Argos) and the Raptors have a new training facility – the 68,000 sq. ft. BioSteel Centre which will offer basketball camps at The Ex. There’s nothing else I could ask for!
PHASE TWO PHASE ONE: ONLY 1 LEFT!
VISIT OUR PRESENTATION CENTRE 80 Lynn Williams St. Toronto
Phone 416.537.0047 Info info@liveinliberty.com
Hours Mon-Thu 12 noon to 6 pm, closed Friday, Weekends & Holidays 12 noon to 5 pm
Download the CanAlfa APP
liveinliberty.com/app * Broker’s Protected. Prices and specifications subject to change without notice. E.&O.E. Rendering is artist’s concept. Apple and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc. JUL 30 - AUG 27, 2016 | NEW CONDO GUIDE 79
Trending
Housing market and industry adjusting to foreign buyers By Wayne Karl
CANADIANS CONCERNED about the influx of foreign buyers in our real estate might want to do one thing — get used to it. If recent statistics from Royal LePage are any indication, the interest is only going to increase. In the realty firm’s recent study of the luxury home market, for example, 66 of agents say foreign buyer activity has increased significantly over the past decade, and 60 per cent anticipate the growth to quicken this year. China is cited as the primary international region generating these purchases in Canada.
“While the impact of foreign buying on Canada’s overall residential real estate market is small, we see it growing in importance in the luxury market,” says Phil Soper, president and chief executive officer, Royal LePage. “Canada’s stable political and financial systems, along with a tradition of cultural tolerance and openness to immigration and diversity, make our country an ideal destination for wealthy international purchasers looking to invest in real property. Recently, a lower Canadian dollar has made this proposition even more attractive.”
Such activity, and the resulting contribution to rising home prices in certain markets, has some observers wondering if measures need to be taken to curb foreign ownership, or at least gain a better understanding of it. Prime Minister Justin Trudeau promised the latter in Budget 2016, pledging to gather information to develop a fuller understanding of foreign buyers and their intentions. To date, it’s been largely anecdotal evidence cited by various parties. “Some have suggested special taxes be levied on foreign buyers,” Soper told New Home Guide. “As …continued on page 82
80 YPNEXTHOME.CA
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COMING SOON
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…continued from page 80
we debate tougher regulations or new taxes, it is important that we take into consideration the longerterm implications of public policy changes. Will the new regulations be effective in slow markets as well as the rapidly expanding markets we are experiencing today? Are there broader implications, such as the reduction in business investment if certain people are discouraged from buying homes? Are new taxes or regulations fundamentally fair? For example, all homeowners pay property taxes today, regardless if they use municipality or school 82 YPNEXTHOME.CA
“As with all buyers, it is important for agents to spend the time to properly understand the needs of their international clients in order to help them find the right home and community”
services. Is it fair to levy new taxes in addition to these property taxes?” Some sources expected such action might come July 13 when the Bank of Canada released its latest interest rate announcement and Monetary Policy Report. For realtors, the trend is more than just an influx of foreign buyers flush with cash to gobble up Canadian homes. It also requires new approaches to how they do business. “As with all buyers, it is important to spend the time to properly understand the needs of international clients in order to help them find the
right home and community,” Cailey Heaps Estrin, sales representative with Royal LePage in Toronto, told New Home Guide. “Providing good service often requires hiring specialized staff such as translators, attending multicultural shows and events – including those based in other countries – and producing targeted sales and marketing materials geared towards the particular needs of foreign buyers.” It isn’t just Canada that is wrestling with an increase in foreign ownership. In the U.S., Chinese direct investment real estate has grown dramatically since 2010, according to a report by Asia Society and Rosen Consulting Group (RCG) titled Breaking Ground: Chinese Investment in U.S. Real Estate. Chinese buyers spent at least $93 billion on residential real estate between 2010 and 2015. Spending rose at an annual rate of 20 per cent and provided important demand in many local markets hit by the housing crisis. California accounted for 35 per cent of Chinese home purchases in 2015, followed by Washington state with eight per cent and New York at seven per cent. “Policymakers, business leaders and the general public in the United States still do not have a comprehensive understanding of the patterns and implications of Chinese investment in the United States,” the report says. “This report paints a clearer picture of what these investments mean for this country.”
Inspiration | DESIGNER ADVICE
UNDER-FOOT
FOCUS By Yanic Simard
CHOOSING BEAUTIFUL NEW WOOD flooring can dramatically change the mood of your home’s interior — brightening, deepening, modernizing or warming up your decor and more! However, after you’ve decided between material compositions and tantalizing tones, there is another huge decision to make — one that can make or break the impact of your important investment: the layout. Here’s my guide to choosing the right installation pattern to suit your space, so that regardless of what material you choose, you make the most of it!
84 YPNEXTHOME.CA
Straight The most common layout for flooring planks, a straight pattern is typically the easiest to do — especially in standard rectangular or nearly rectangular spaces. In this format, installation usually begins aligned to the longest straight wall, with the planks (or tiles) laid in parallel rows running from one end of the room to the other. In a straight lay, long lines are created that can help a room appear longer. The linear format of the boards acts like stripes, visually lengthening the axis of the space. This layout also typically involves the fewest cuts (since many boards will be installed with no cuts at all), resulting in low material waste and fewer hours of work — perfect for DIYers or those sticking to a strict budget. Because a straight scheme is so classic, it will never go out of style. However, some other options can create a lot more drama, or extend the illusion of a vast space even further. Try this: If a space is actually too long or narrow, such as a tight hallway or kitchen, laying the boards or tiles perpendicular to the long axis will help widen the look instead of lengthening it even further, bringing proportion to the space.
Diagonal A variation on a straight layout, a diagonal layout either follows one angled wall (if your unit has a less typical shape) or simply runs from corner to corner of the largest room, refusing to be tied down to any wall at all! A diagonal layout takes the lengthening power of a straight lay
and maximizes it, creating the longest line possible to highlight the full size of an open plan. Diagonal lines also naturally create a dynamic energy, helping the eye move about the space for a livelier atmosphere. Because a diagonal layout meets all or most walls at an angle, more cuts will need to be made, and the room for error will be higher, lengthening the construction time (and making work tricky for DIY installers). This look works well in more complex floor plans with no one “best” wall to start from, and elegantly connects adjacent spaces. Try this: Rather than running the diagonal line directly from corner to corner, use a simple 45-degree angle to keep all the cuts consistent.
Herringbone A herringbone pattern is both a traditional staple and a returned trend, making it a popular choice for creating that high-end look. It’s important though to understand the differences between true herringbone and its cousin, the “chevron” pattern. The primary difference between the two variations comes down to cutting: a herringbone layout places boards at right angles to each other, creating repeated zig-zag patterns that recall the weave of a classic suiting material. Chevron layouts create the same zig-zag, but with the boards cut to meet at a 45-degree angle, for a more clean and contemporary effect. Both of these patterns create a bold statement and a powerful feeling of motion. The preference for chevron’s crisp perfection or herringbone’s more subtle charm comes down to personal taste. This installation naturally
requires more time and patience to achieve than the previous two options. However, the extra cost can be balanced by choosing a less expensive material and letting the layout deliver the drama. Try this: Consider a herringbone treatment for just a key area, such as an entry vestibule or bathroom tile, to create a moment of interest without committing to the look everywhere.
Complex While it’s often considered safe to stick to the popular standbys, unique designs can have their place in your contemporary condo if you keep an open mind. Here are a few more ideas to get your creative flooring juices flowing: » In a square room, try a square layout. Let the wood start from the edges and work into the centre in concentric layers (meeting at a 45-degree angle in the corners.) Just make sure the installer plans ahead to achieve a perfect centrepoint! This look is ideal for a dining area with a central table. » An inset tile treatment can make a perfect visual break in an entryway or kitchen, and will stand up to mucky winter boots or the occasional dropped pot. » Patterns will read as more intentional when applied at a larger scale, so if you’re planning a playful parquet, consider using a larger plank to keep the look less busy and more confident. » If your unit is L-shaped (especially if the bend is a more unusual angle), you can change the flooring direction at the intersection — just don’t change it more than once if you can help it, so the look stays mostly consistent.
Yanic Simard is New Condo Guide’s design editor, principal designer of award-winning Toronto Interior Design Group (tidg.ca), and regular guest expert on City’s Cityline. Check out tidg.ca.
JUL 30 - AUG 27, 2016 | NEW CONDO GUIDE 85
Advice | MOVING ADVICE
Read and understand your contract for a successful move By Chuck Resnick
MORE ADVICE ONLINE ypnexthome.ca/news/advice
THERE’S AN OLD RULE in business:
what is not in writing was never said. Although some agreements may need just a handshake, others that involve a multitude of variables require a contract so that all the parties understand what is expected of them. This is particularly true when you hire professional movers. You’re obviously the “who,” but we also need to know exactly “what,” “where” and “when” in order to transport your items to your new place. Within those general categories, there can be many details, and finding out about them on moving day is counterproductive. Think ahead. The first thing to do is find a reputable mover. You can check online with the Better Business Bureau or the Canadian Association of Movers, and of course, find out who friends and family members have used. Select a company that has a tried-and-true track record. Then ask questions — and remember that the movers should be asking you a lot of questions as well to determine exactly what the move will entail. When we meet customers to arrange their move, we need to know about everything they expect to take so that we can prepare as accurate an estimate as possible. In many ways, estimating is a science. Computers help, but the results are only as good as the information we input. Telling us on moving day that you forgot you want to take the shed in the backyard can 86 YPNEXTHOME.CA
hold things up for hours. It will also add to your costs. And speaking of costs, we need to know well ahead of time if you want us to provide the service of packing. Deciding this two days before the move likely won’t work. In addition, if we have quoted only on moving and not on packing, a new contract will have to be drawn up with a higher price. If you do the packing yourself, read the contract as to whether or how much your items are covered, should damages occur. We also need to know whether you have anywhere other than Point A to Point B in mind for moving day. If you forgot to tell us that your dining room set has to be dropped off somewhere else first, just like the meter running in a taxi, you will pay more for unexpected side trips. Plus, unless we know in advance, we may pack the dining room set in an awkward place for unloading part way to your
destination. Again, this will cost you time and money — two things that are precious commodities on moving day. It is our responsibility as professional movers to ask the right questions, but until we develop ESP, we need to rely on you to explain what you need from us. A contract protects you as much as the movers, but only if you read it, understand it and abide by it. At Two Men and a Truck Canada, we follow ‘The Grandma Rule’: We treat everyone the way we would want our grandmothers to be treated, with dignity, courtesy, respect, honesty and trust. We all want everything to go smoothly on moving day — and when we communicate and work together, it does! Chuck Resnick is vice-president of marketing and operations, Two Men and a Truck Canada. twomenandatruck.ca.
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Hot Properties
905
Find your next home! This page features a few of the latest properties to keep your eye on in the Toronto905 area. Find more properties at ypnexthome.ca
LATEST LISTINGS
GRAND PALACE CONDOMINIUMS By: G Group Development City: Richmond Hill Register now for phase two. Luxury condos in Richmond Hill starting from the $250s. grandpalace.ca
DANIELS ARC
LAKE & EAST CONDOMINIUM RESIDENCES By: Symmetry Developments City: Oakville Register now for new condominiums coming to Bronte Harbour. lakeandeast.com
new releases and grand openings THE MET By: Plaza City: Vaughan GTA’s newest downtown address across from the new TTC subway station. Towns starting from the high $650s. pureplaza.com
HAMPTON PLACE TIME
previews and registration
By: Treasure Hill Homes City: Aurora Register now for urban town living in Aurora at Yonge and Wellington streets. treasurehill.com
STATIONWEST
COSMOS CONDOMINIUMS
By: Adi Developments City: Burlington Register now for urban townhomes starting from the $200s. adidevelopments.com
By: Liberty Development City: Vaughan Register now to live just steps to the new Vaughan Metropolitan Centre subway station. Prices starting from the mid-$200s. cosmoscondos.ca
DANIELS ARC By: Daniels Corporation City: Mississauga Register now for the newest addition to Daniels Erin Mills — a master-planned, mixed-use community. Prices starting from the low $200s. danielsarc.com
88 YPNEXTHOME.CA
By: Royal Pine Homes City: Stouffville A seven-storey building adjacent to conservation lands. Prices starting from the high $300s. royalpinecondos.com
VARLEY CONDOMINIUM RESIDENCES By: Tribute Communities City: Markham Located just steps away from Main Street Unionville, with prices starting from the mid$500s. Visit the new model suite. mytribute.ca
SKYCITY 2 By: Pemberton Group City: Richmond Hill Register now for the second tower at the successful SkyCity Condominiums. Prices starting from the mid-$300s. pembertongroup.com
Builders If you would like to include your preview registration, new release or site opening in this feature, just email the details to Elisa.Krovblit@ypnexthome.ca
Hot Properties
416
Find your next home! This page features a few of the latest properties to keep your eye on in the Toronto416 area. Find more properties at ypnexthome.ca
LATEST LISTINGS
GEORGE By: Rockport Group City: Toronto Register now for intimate residences in Leslieville. Prices for family-sized condos starting from the $600s and towns starting from the high $900s. georgecondos.ca
THE LANES AT SQ2
new releases and grand openings BACKYARD NEIGHBOURHOOD CONDOS By: Vandyk Group of Companies City: Toronto Register now for new condos in a prime location. Prices starting from the mid-$200s. backyardcondos.com
609 AVENUE ROAD By: Madison Homes and State Building Group City: Toronto Condo residences at Avenue Road, north of St. Clair. Prices starting from the $600s. 609avenue.com
UPPER BEACH CLUB THE PARK CLUB EMERALD CITY
previews and registration THE LANES AT SQ2 By: Tridel City: Toronto Register now for an exclusive collection of garden suites and townhomes. tridel.com
THE WYATT By: Daniels Corporation City: Toronto Register now for the newest addition to the Regent Park revitalization. Prices starting from the low $200s. danielswyatt.com
By: Elad Canada City: Toronto Register now to live in a 33-storey tower with private club amenities. Prices starting from the mid-$200s. theparkclub.ca
VITA ON THE LAKE By: Mattamy Homes City: Toronto Register now to experience life on the lake. Prices starting from the high $200s. mattamyhomes.com
By: Laurier Homes and Mutual Development Corporation City: Toronto A limited release of 41 boutique suites overlooking the Toronto Hunt Club, downtown and Lake Ontario. upperbeachclub.com
SOUTHSIDE RESIDENCES AT GRAMERCY PARK By: Malibu Investments Inc. City: Toronto Located in the Yorkdale community with suites starting from the high $200s. southsidecondos.ca
RODEO By: Lanterra Developments and Cadillac Fairview City: Toronto Register now for iconic living at CF Shops at Don Mills. rodeodrivecondos.com
Builders If you would like to include your preview registration, new release or site opening in this feature, just email the details to Elisa.Krovblit@ypnexthome.ca
JUL 30 - AUG 27, 2016 | NEW CONDO GUIDE 89
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* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
# Builder Site Telephone TH* C* Price Range Page Finder 3 ARAGON PROPERTIES Eighty One Wellesley eightyonewellesley.ca • from $318,000 65 16J 8 ROCKPORT GROUP George Condos+Towns 416-223-0003 • from $325,000 57 22L 10 MARLIN SPRING Canvas Condominium canvascondos.ca • from $250,000 75 24G 11 MENKES DEVELOPMENTS INC. 365 Church 416-591-7700 • from $486,000 Insert 14I 18 URBAN CAPITAL RC3 416-862-0505 • • from $220,000 37 18L 20 MENKES DEVELOPMENTS INC. Fabrik 416-591-7700 • from $550,000 Insert 14M 23 TRIBUTE COMMUNITIES The College Condominium 416-363-4800 • from $400,000 73 M14 25 TRIDEL CORPORATION SQ2 416-661-1949 • from $700,000 IFC 15D 26 BAZIS INC. No1 Yorkville 416-519-2911 • from $487,000 3 15I 35 MENKES DEVELOPMENTS INC. 87 Peter 416-591-7700 • from $781,000 Insert 15M The Eglinton Yonge at Heart 416-591-7700 • from $250,000 Insert 15D 35 MENKES DEVELOPMENTS INC. The PJ 416-596-1600 • from $300,000 5 15L 47 PINNACLE INTERNATIONAL 48 MADISON HOMES Zigg Condos 416-545-0223 • • from $400,000 63 14J 48 FIELDGATE HOMES Zigg Condos 416-545-0223 • • from $400,000 63 14J 50 CRESFORD DEVELOPMENT CORP. VOX 416-485-3000 • IBC 15J 52 CRESFORD DEVELOPMENT CORP. CASA III 416-486-2272 • from $680,000 IBC 15L 52 CRESFORD DEVELOPMENT CORP. CASA II 416-486-2272 • from $1300,000 IBC 15L 70 STATE BUILDING GROUP 609 Avenue Road 609avenue.com • from $600,000 67 14G 75 CANALFA GROUP Liberty Central by the Lake Two 416-537-0047 • • from $320,000 79 12N 80 MATTAMY HOMES J Davis House 647-343-3270 • • from $320,000 BC 15F 80 BIDDINGTON HOMES J Davis House jdavishouse.com • • from $320,000 BC 15F 85 HARHAY DEVELOPMENTS One Eleven Condominiums & Lofts 647-351-4111 • from $300,000 61 13M 85 CARTTERA One Eleven Condominiums & Lofts 647-351-4111 • from $300,000 61 13M 104 CRESFORD DEVELOPMENT CORP. The Clover on Yonge 416-485-3000 • IBC 14J 149 CAMROST - FELCORP The Foxbar Collection at Blue Diamond thefoxbar.ca • from $850,000 1 15I 150 ASPEN RIDGE HOMES Studio on Richmond 647-352-7736 • from $300,000 43 15M 190 CRESFORD DEVELOPMENT CORP. 1000 Bay 416-485-3000 • IBC 15J 225 GREAT GULF Eight Cumberland 8cumberland.ca • from $400,000 23 15I 225 PHANTOM DEVELOPMENTS Eight Cumberland 8cumberland.ca • from $400,000 23 15I 228 THE DANIELS CORPORATION The Wyatt Condominium Suites 416-955-0559 • from $220,000 19 18J 1 BRANDY LANE HOMES The Davies 416-873-0862 • from $820,000 14I 2 GREAT GULF Yonge+Richmond 416-499-8883 • from $470,000 16K 4 GAIRLOCH INVESTMENTS 383 Sorauren 383sorauren.com from $265,000 9M 4 CENTRESTONE URBAN DEVELOPMENTS INC. 383 Sorauren 416-588-0383 from $265,000 9L 5 GRAYWOOD DEVELOPMENTS Scoop Condos scoopcondos.com • from $220,000 19I 6 CRESFORD DEVELOPMENT CORP. Merton Yonge Condominiums 416-484-1900 • from $400,000 14E 7 THE DANIELS CORPORATION High Park Condominiums 416-351-1844 • from $285,000 8L 9 HARHAY DEVELOPMENTS 875 Queen East 416-694-8750 • from $300,000 19L 11 MENKES DEVELOPMENTS INC. Pears on the Avenue 416-323-0100 • from $400,000 14I 11 TRIDEL CORPORATION Sherwood at Huntington 416-485-1900 • from $1000,000 18G 12 NORTH DRIVE INVESTMENT The High Park 416-670-3699 • from $400,000 8L 12 NORTH DRIVE INVESTMENT Picnic 416-670-3699 • from $475,000 8L 15 TRIDEL CORPORATION 101 Erskine 416-480-0700 • from $386,000 14D 16 FREED 155 REDPATH 416-996-5428 • from $226,000 14D 16 FREED 150 REDPATH redpathcondos.com • from $200,000 14D 16 CAPITAL DEVELOPMENTS 150 REDPATH redpathcondos.com • from $200,000 14D 17 ROCKPORT GROUP The Nest 416-223-0003 • from $350,000 11H 19 STREETCAR DEVELOPMENT The Southwood 416-750-7506 • from $300,000 23H 20 LIFETIME DEVELOPMENTS Whitehaus Condominiums whitehaus.ca • from $300,000 14M 21 GREENLAND GROUP King Blue Condos 416-599-1355 • from $336,000 12N 22 MATTAMY HOMES Picasso on Richmond 416-495-3549 • from $541,000 14M 22 TRIDEL CORPORATION Ten York 416-596-9888 • from $1020,000 12F 22 MATTAMY HOMES Picasso on Richmond 416-495-3549 • from $336,000 14M 26 BAZIS INC. One Yorkville 416-519-2911 • from $408,000 15I 28 EMPIRE COMMUNITIES Eau Du Soleil Waterfront Condominiums 416-503-3328 • from $350,000 25B *TH: Townhomes, Highlighted listings are advertised in this issue of Condo Guide. Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554 C: Condo Please refer to page number for complete information.
Builder
Site
Telephone
TH* C* Price Range
Page
Finder
Success Tower at Pinnacle Centre 416-360-0673 • from $880,000 17M Bespoke Towns 419-239-8181 • from $550,000 22J Totem Condominium 416-792-1877 • from $492,000 15H The Madison 416-482-8090 • from $480,000 14E 88 Queen 88queen.com • from $250,000 16L Fuse Condos 416-534-4444 from $260,000 9K Pace 416-928-2223 • from $310,000 16L Dundas Square Gardens 416-645-8575 • from $224,000 17K Grid Condos 416-477-4743 • from $250,000 17K Garrison Point garrisonpoint.ca • from $250,000 13N The Barrington Condominiums Flats 416-410-4444 • from $345,000 12H Howard Park 2 416-873-0989 • from $349,000 9L The Upper House Condos in Leaside 416-425-1800 from $350,000 18D Alter 416-645-4599 • from $700,000 16J Yorkville Park mintoyorkvillepark.com • • from $420,000 14J Yorkville Private Estates 416-484-4371 • • from $2500,000 14J Teahouse 416-861-1111 • from $241,000 16K Stanley 416-546-1502 • from $320,000 16K Aqualina at Bayside Toronto 416-514-2710 • from $336,000 18N Aquavista at Bayside Toronto 416-514-2710 • from $814,000 18N 11 Wellesley 416-861-1111 • from $435,000 15J Riverside Square 416-466-4466 • from $200,000 19L Monde 416-466-8885 • from $340,000 17M Liberty Central by the Lake - Phase One 416-537-0047 • from $370,000 11F The Selby theselbycondos.com • 16J The Rosedale on Bloor 416-928-9997 • from $220,000 16I The Brant Park 416-368-5262 • from $283,000 14M Enigma on the Park 416-516-1551 • from $236,000 9L Citylights on Broadway 416-546-6605 • from $200,000 14D East Fiftyfive 416-861-9559 • from $299,000 17L East Fiftyfive 416-861-9559 • from $299,000 17L 609 Avenue Road 609avenue.com • from $600,000 14G 2221 Yonge 647-350-2221 • from $320,000 14D On The Danforth onthedanforthcondo.com • from $250,000 23G Schoolhouse 416-979-1333 • from $900,000 13I Art Shoppe Condos artshoppecondos.com • from $200,000 14D One Bloor Residences 416-922-0081 • from $580,000 15I Seventy Seven Charles Yorkville 416-203-7034 • from $2100,000 14J Ivory On Adelaide 647-341-1731 • from $510,000 17L 158 Front Condominiums 158front.com • from $290,000 17L Exhibit 416-967-7778 • from $560,000 14I Exhibit 416-967-7778 • 14I Exhibit 416-967-7778 • 14I The Urban Townhome Collection 647-344-2573 • from $2200,000 15K The Pinnacle on Adelaide 416-596-1600 • from $367,000 15M Bisha Hotel & Residences 416-637-2211 • from $300,000 16M 88 Scott 416-216-8588 • from $500,000 17M Riverhouse at the Old Mill 416-766-7343 • from $500,000 5L Two Old Mill 416-645-7022 • from $1762,000 5L RCM I on University 647-351-9247 • from $515,000 14M The Berwick 416-922-9425 from $536,000 14E The Mercer 416-597-6940 • from $440,000 15M Imperial Plaza 647-346-3799 • from $386,000 15I Blue Diamond at Imperial Plaza 416-925-2501 • from $350,000 15I Cumberland Tower - Yorkville Plaza II 416-966-3003 • from $350,000 15I Tableau Condominiums 416-591-8887 • • from $450,000 15L Tableau Condominiums 416-591-8887 • • from $350,000 15L Tableau Condominiums 416-591-8887 • • from $350,000 15L The Bond Condominiums 416-546-7525 • • from $409,000 15G L Tower 416-777-2533 • from $490,000 17L Perspective Condos 416-242-3500 from $300,000 4H Neon 416-987-7878 • from $400,000 14D 90 Niagara 416-981-0036 from $410,000 14O James 416-214-9900 from $317,000 14O SIXTY Colborne 416-601-0060 • from $496,000 16L SIXTY Colborne 416-598-7775 • from $300,000 16L Upper Beach Townes 416-693-7500 • from $551,000 24G The Massey Tower 416-966-0197 • • from $332,000 16L Canary District Condominiums 416-603-7576 • from $335,000 18L Canary Park Condominiums 416-603-7576 • from $242,000 18L TEN93 Queen West 905-326-4100 • from $280,000 12F TEN93 Queen West 416-546-6355 • from $290,000 12F Smart House 416-292-0219 • from $442,000 15L Smart House 416-292-0219 • from $472,000 15L Duke Condos junctionlife.ca from $290,000 8K King Charlotte 416-368-5262 • from $435,000 15M Theatre Park 416-368-5262 • from $707,000 16M The Harlowe 416-363-1771 • from $300,000 15M Form tridel.com 15L Empire Midtown empiremidtowncondo.com • from $300,000 10F St. Lawrence Condos stlawrencecondos.ca • from $280,000 17L YSL 416-483-3000 • 16K
*TH: Townhomes, Highlighted listings are advertised in this issue of Condo Guide. Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554 C: Condo Please refer to page number for complete information.
torontoregionalmaps: Toronto, East York, York
#
29 PINNACLE INTERNATIONAL 30 BUENA VISTA DEVELOPMENTS 31 WORSLEY URBAN PARTNERS 32 MADISON HOMES 34 ST. THOMAS DEVELOPMENTS 36 NEUDORFER CORPORATION 38 GREAT GULF 38 EASTON’S GROUP 38 CENTRE COURT DEVELOPMENT 40 FERNBROOK HOMES/CITYZEN DEV. 41 LASH GROUP OF COMPANIES 42 TRIUMPH DEVELOPMENTS 43 K-CAP LAIRD INC. 44 TRIDEL CORPORATION 48 MINTO COMMUNITIES INC. 48 CAMROST - FELCORP 49 LANTERRA DEVELOPMENTS 49 TRIBUTE COMMUNITIES 51 TRIDEL CORPORATION 51 TRIDEL CORPORATION 53 LANTERRA DEVELOPMENTS 56 STREETCAR DEVELOPMENT 58 GREAT GULF 60 CANALFA GROUP 63 FERNBROOK HOMES/CITYZEN DEV. 63 THE GUPTA GROUP 64 LAMB DEVELOPMENT CORP. 65 ARAGON PROPERTIES 67 PEMBERTON GROUP 68 LAMB DEVELOPMENT CORP. 68 HYDE PARK 70 MADISON HOMES 71 TOWER HILL DEVELOPMENT CORPORATION 73 DIAM DEVELOPMENTS 78 EMPIRE COMMUNITIES 79 FREED 99 GREAT GULF 104 ASPEN RIDGE HOMES 114 PLAZA 114 FERNBROOK HOMES/CITYZEN DEV. 117 BAZIS INC. 117 METROPIA 117 PLAZA 118 PEMBERTON GROUP 124 PINNACLE INTERNATIONAL 128 LIFETIME DEVELOPMENTS 129 CONCERT PROPERTIES 131 LANTERRA DEVELOPMENTS 131 TRIDEL CORPORATION 133 TRIBUTE COMMUNITIES 142 ANDRIN HOMES 148 GRAYWOOD/BEAVERHALL DEVELOPMENT 149 CAMROST - FELCORP 149 CAMROST - FELCORP 149 CAMROST - FELCORP 153 URBAN CAPITAL 153 MALIBU INVESTMENTS INC. 153 ALIT DEVELOPMENTS 155 LIFETIME DEVELOPMENTS 157 CASTLEPOINT/CITYZEN/FERNBROOK 162 PIANOSI DEVELOPMENTS 185 PEMBERTON GROUP 199 FIELDGATE HOMES 199 BRAD J. LAMB REALTY 200 FREED 200 CARTTERA 201 SOLOTEX 206 MOD DEVELOPMENTS INC. 215 DUNDEE KILMER DEVELOPMENTS 215 DUNDEE KILMER DEVELOPMENTS 217 BAYWOOD HOMES 217 PEMBERTON GROUP 218 MALIBU INVESTMENTS INC. 218 URBAN CAPITAL 219 TAS DESIGNBUILD 220 LAMB DEVELOPMENT CORP. 221 LAMB DEVELOPMENT CORP. 222 LAMB DEVELOPMENT CORP. 223 TRIDEL CORPORATION 224 EMPIRE COMMUNITIES 226 FERNBROOK HOMES/CITYZEN DEV. 227 CRESFORD DEVELOPMENT CORP.
91
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20
A
2
Steeles Ave
21 22 23 24 25 26
121
12
B
99
33
North York C
9 34
124
400
50
5
37
401
D
8
15 17
7
22 13
28
123
E
20
401
25
3
122
F
19
16
21
18
130
125
G
10 132
95
H * Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
torontoregionalmaps: North York
#
92
Builder
10 LANTERRA DEVELOPMENTS 13 LIBERTY DEVELOPMENT CORP. 20 MALIBU INVESTMENTS INC. 34 G GROUP DEVELOPMENT CORP 95 ASPEN RIDGE HOMES 95 LINDVEST 96 ELAD CANADA 121 LIBERTY DEVELOPMENT CORP. 1 CONCORD ADEX 2 DEVRON DEVELOPMENTS 3 YYZED PROJECT MANAGEMENT 3 TIFFANY PARK HOMES 4 TRIDEL CORPORATION 5 LINDVEST 6 CONCORD ADEX 6 CONCORD ADEX 7 FRAM BUILDING GROUP 8 BAZIS INC. 9 SORBARA GROUP 12 GHODS BUILDERS INC. 13 CASTLE GROUP DEVELOPMENTS 15 PHANTOM DEVELOPMENTS 16 URBAN CAPITAL 16 ALIT DEVELOPMENTS 17 CHESTNUT HILL DEVELOPMENT 17 HAVEN DEVELOPMENTS 18 KUBO DEVELOPMENTS 19 MADISON HOMES 21 TRIDEL CORPORATION 22 TRIDEL CORPORATION 28 TRIDEL CORPORATION 33 LATCH DEVELOPMENTS 33 FIRST AVENUE PROPERTIES 34 DIAMANTE DEVELOPMENT CORP. 37 NORSTAR GROUP OF COMPANIES 50 DEVRON DEVELOPMENTS 96 ELAD CANADA 96 ELAD CANADA 96 ELAD CANADA 122 LANTERRA DEVELOPMENTS 122 LANTERRA DEVELOPMENTS 122 LANTERRA DEVELOPMENTS 123 BRANDY LANE HOMES 124 TRIDEL CORPORATION 124 TRIDEL CORPORATION 125 FRAM BUILDING GROUP 130 TRIBUTE COMMUNITIES 132 FRAM BUILDING GROUP/CADILLAC FAIRVIEW
Site
Telephone TH* C* Price Range
Page
Finder
Rodeo Drive Condominiums rodeodrivecondos.com • 53 22F The Village Residences 416-735-2222 • from $300,000 28 & 30 20D Southside Residences at Gramercy Park 416-703-2202 • from $290,000 55 13E Ellie Condos elliecondos.com • from $250,000 45 17C Scenic on Eglinton 416-805-1781 • from $300,000 43 23G Sonic lindvest.com/sonic • from $212,000 47 23G The Park Club Emerald City theparkclub.ca • from $250,000 34-35 24C World on Yonge 905-771-7010 • from $281,000 27 18A Opus 416-813-2999 • • 22C The Vanguard vanguardto.com • 18A VISTO vistocondos.ca from $267,000 8E Westhaven 416-792-6655 • from $633,000 23G Aristo at Avonshire 416-730-0300 • from $391,000 18D The Brownstones at Westown lindvest.com from $250,000 4C Tango2 at Concord Park Place 416-813-2999 • from $265,000 22C Omega On The Park 416-813-2999 • • from $200,000 22C SOUL mysoulcondos.ca from $250,000 25C Estates on Bayview estatesonbayview.com • from $1950,000 19D Beacon beaconcondos.ca • from $368,000 17C 5959 Yonge Street 416-222-5959 • from $302,000 18A Vida at Bayview Village 416-304-1212 from $250,000 20D Tea Garden Condos teagardencondos.com • from $200,000 19C The Ravine 416-850-2489 • • from $268,000 25E The Ravine 416-850-2489 • • from $250,000 25E Lotus Condominiums 416-222-8338 • from $306,000 19C SIX 25 BV six25bv.com • from $250,000 19C Marquette Urban Towns 416-551-9767 • from $250,000 14E Briar Hill madisonhomes.ca • • from $400,000 12F Argento 416-663-1818 • from $370,000 22E Scala 416-730-0300 • from $300,000 22C Alto at Atria 416-645-8866 • from $334,000 25D The Bennett on Bayview thebennettcondos.com • from $250,000 17B The Bennett on Bayview thebennettcondos.com • from $250,000 17B The Diamond Condominiums on Yonge 416-961-8008 • from $268,000 17C Portrait Condominiums 416-282-9600 • from $255,000 13C Flo Condominiums 647-799-0356 • from $322,000 18C Dreamtower At Emerald City 416-492-0001 • from $367,000 24C The Colours of Emerald City coloursofemeraldcity.com • from $250,000 24C Fifth on the Park 416-492-0001 • from $420,000 24C Treviso Condominiums 416-787-8882 • from $203,000 12F Treviso II 416-787-8882 • from $263,000 12F Treviso III 416-787-8882 • from $250,000 12F The Station 416-398-9777 • from $467,000 12D Trio at Atria 416-645-8866 from $271,000 24C Parfait at Atria tridel.com 24C LIV Lofts 416-445-5638 • from $250,000 22F Canterbury 647-352-2130 • • from $951,000 19F Flaire Condos 416-445-8868 • from $305,000 22F
*TH: Townhomes, Highlighted listings are advertised in this issue of Condo Guide. C: Condo Please refer to page number for complete information.
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20
40
Dixon Rd
d ett R
Av e
vd
Scarl
Da nf or th
Islington Ave
Kipling Ave
Bl
Etobicoke
409
Rathburn Rd
21 44
34 Bloor St W
Dundas St W
50 8
Queensway
14
QEW
9
22
Gardiner Expressway Evans Ave
2
Horner Ave
H
Park Lawn
73
16
Royal York Rd
Scarborough
28
10
Westway
d ll R Mi
Ki
e
27
2A
Ranforth Dr
lva
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30
1
401
e
Sy
Martin Grove Rd
xd
427
Centennial
RD
d
Re
East Ave Port Union Rd
Galloway Rd
Ki
ng
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Manse Rd
Orton Park Rd
Markham Rd
Scarborough Golf Rd
St. Clair Ave
4
11 n Av
* Due to scale restrictions, locators are d 1 approximate. Please see builder’s n R ads sto for exact locations. ng
Victoria Park
G
McCowan Rd
Brimley Rd
Lawrence Ave E
Eglinton Ave E
F
n Dr
orto
Brim
nR
Finch Ave W
Sheppard Ave E
Morrish Rd
27 71
Bellamy Rd
Kennedy Rd
Warden Ave
Birchmount Rd
Pharmacy Rd
E
Progress Ave
Midland Ave
401
401
55
Ellesmere Rd
D
Milner Ave
72
bio
Humberline Dr
23
Al
Beare Rd
Sheppard Ave E 26
Conlins Rd
C
Ave
Morningside Ave
evin
McL
Passmore Ave
Meadowvale Rd
Huntingwood Dr
Reesor Rd
Finch Ave E
B
Sewells Rd
Neilson Rd
McNicoll Ave
Tapscott Rd
McCowan Rd
A
21 22 23 24 25 26
5 56
6 19 24 17 18
39
Lakeshore Blvd W
# 14 14 16 73 1 2 4 5 6 8 8 9 10 10 11 13 14 17 18 18 19 21 22 23 24 26 27 28 30 34 39 39 44 50 50 55 55 56 61 71 72
Builder LAURIER HOMES MUTUAL DEVELOPMENTS CONCERT PROPERTIES HI-RISE (WEST) INC. INSOHO DEVELOPMENTS STANTON RENAISSANCE YOUR HOME DEVELOPMENTS VANDYK GROUP OF COMPANIES CONSERVATORY GROUP TRIDEL CORPORATION TRIDEL CORPORATION WILKINSON DEVELOPMENTS LASH GROUP OF COMPANIES CARTTERA SCOLLARD DEVELOPMENT OPEARL DEVELOPMENTS INFINITY DEVELOPMENTS TIMES GROUP CORP. MATTAMY HOMES MATTAMY HOMES ICON HOMES MENKES DEVELOPMENTS INC. MENKES DEVELOPMENTS INC. CITYCORE DAVIES SMITH GEMTERRA GLOBAL KINGDOM MINISTRIES LIBERTY DEVELOPMENT CORP. TERRANATA DEVELOPMENTS INC. EDILCAN DEVELOPMENT CORP. MATTAMY HOMES MATTAMY HOMES TRIDEL CORPORATION PEMBERTON GROUP NORTH STAR HOMES TRIDEL CORPORATION TRIDEL CORPORATION PHANTOM DEVELOPMENTS VHL DEVELOPMENTS LTD. LASH GROUP OF COMPANIES SAMM DEVELOPMENTS
torontoregionalmaps: Scarborough, Etobicoke
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
Site Telephone TH* C* Price Range Page Finder Upper Beach Club upperbeachclub.com • from $390,000 83 2G Upper Beach Club upperbeachclub.com • from $390,000 83 2G The KIP District thekipdistrict.com • from $250,000 49 22F Spice Urban Towns 416-932-3443 • from $390,000 71 2G Imagine Condos 416-367-7303 from $235,000 4F On The Go Mimico 647-692-8417 • from $200,000 23H Sweet Life Condos 647-351-5440 • from $200,000 10E Backyard Neighbourhood Condos backyardcondos.com from $248,000 24G Altitude 416-321-1659 • from $230,000 25H Islington Terrace 416-645-8862 • from $250,000 23F Bloor Vista at Islington Terrace 416-645-8862 • from $250,000 23F Hunt Club Terrace 416-698-3020 • 2H Cloud 9 Condominiums 416-747-0199 • from $240,000 22B Cloud 9 Condominiums 416-747-0199 • from $240,000 22B Guildwood 416-266-3655 • from $200,000 8F Sail Condominiums sailcondos.ca • 2C Residences at The Hunt Club 416-699-1711 • from $300,000 2G Key West Condominium keywesttorontocondo.com from $320,000 25H Lago 647-347-5930 • from $744,000 25C Lago 416-495-3544 • from $744,000 25C Royal York Urban Towns 416-901-0206 • from $220,000 24H Dwell City Towns 416-259-2525 • from $390,000 20F Humber Mews 416-259-2525 • from $550,000 20H Harmony Village 416-493-0123 • 2C Eleven Superior 416-259-8882 • from $311,000 24H Joy Condos joycondos.com • from $220,000 4C Trinity Ravine Towers 647-876-5433 • from $200,000 7D Terrace on Danforth 416-987-7575 • from $278,000 2G The Step 416-798-7070 • from $145,000 23B Triumph at Valhalla 416-233-5554 • from $250,000 21F Waterscapes 416-495-3544 • from $414,000 26H Waterscapes 416-495-3544 • from $400,000 26H West Village 416-620-1887 • from $386,000 20F Vivid Condos 416-239-8200 • from $391,000 23F Connexion at Islington northstarhomesinc.com • from $300,000 23F Avani At Metrogate 416-293-5535 • from $309,000 4C Avani 2 At Metrogate 416-293-5535 • from $250,000 4C Jade Condominiums 416-762-8818 • from $305,000 25G Haven On The Bluffs 416-2611-9555 • from $292,000 3E Me Condos 416-430-0003 • from $250,000 8D The Kennedys Condominiums KennedyCondos.com • from $220,000 4C
*TH: Townhomes, Attention Builders - Want to add your community to our maps? Highlighted listings are advertised in this issue of Condo C: Condo Guide. Please refer to page number for complete information. Need to update existing information? Please fax the details to (416) 789-9554
93
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Ave
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F
60 shore2 Lake W Blvd
QEW
15 ay essw
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58
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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20
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Toronto Waterfront
H
waterfrontmaps: TORONTO
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
94
#
Builder
Site
Telephone TH* C* Price Range
1
MENKES DEVELOPMENTS INC.
Harbour Plaza
416-591-7700 •
2
Concord Adex
The Lakefront
thelakefront.ca
3
MATTAMY HOMES
Vita On The Lake
mattamyhomes.com •
from $350,000
Page
Finder
Insert
14F
14-15
12F
from $290,000
Insert
2F
•
15 THE DANIELS CORPORATION
Lighthouse Tower at Daniels Waterfront 416-221-3939
• from $350,000
21
16F
60 CANALFA GROUP
Liberty Central by the Lake Two
416-537-0047
• from $320,000
79
11F
4
TRIDEL CORPORATION
Aqualina at Bayside Toronto
416-514-2710
16E • from $336,000
4
TRIDEL CORPORATION
AquaVista at Bayside Toronto
416-514-2710
• from $814,000 16E
10 GREAT GULF
Twenty Lombard
416-499-8883
• from $543,000
16K
58 GREAT GULF
Monde
416-466-8885 •
• from $340,000
17E
*TH: Townhomes, C: Condo
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to 416-789-9554
Rathburn Rd
Fi
St n Qu ee tW
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in lW ya Ro
W
Mara 11
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27
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La
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400
La
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Rd
Tosorontio Everett Hwy 5 0
Builder
10
Mono
STANTON RENAISSANCE
9
Keswick
400
Further
Alliston,
48
LindsayWhitby 7 Waterfront
400
9
Cannington
East Gwillimbury North Waterfront
Uxbridge
Lake
Telephone TH* C* Price Range
Bradford Tecumseth and Tottenham Riva Del Lago Adjala
n
Georgina Island 33 c6aygeo Bob
Georgina
Beeton, Site
89
18 MATTAMYShelburne HOMES
Essa
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co
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647-347-5930 48
og
Scug
Page
Scugog
• from $805,990
Manvers Finder
Insert 24C
King
Newcastle
Schomberg On The Go Mimico
647-692-8417 •
from $200,000 23C Whitby
Oshawa
401
3
DAVIES SMITH
Eleven Superior
416-259-8882 •
5
DAVIES SMITH
Hearthstone by the Bay
416-259-4466 • 24C
6
SCOLLARD DEVELOPMENT CORP.
Boathaus
boathaus.ca • from $197,900 22I
11 MATTAMY HOMES
Waterscapes
416-495-3544 • from $413,990 13B
28 EMPIRE COMMUNITIES
Eau Du Soleil - Waterfront Condominiums
416-503-3328 • from $350,000
*TH: Townhomes, C: Condo
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
waterfrontmaps: GTA
ge
Etobicoke Waterfront
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
69
93
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Evans Ave
12 11
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Royal York Rd
Eg Bu lin rn Ra to ha th n m bu th rn or Rd Du pe E Th nd Rd e as W Qu St ee E ns w ay
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B ld 40 9 10 11 12 13 14 15 16 17 18 19 20 1 2 3 4 5 6 s7 8 ga on
from $310,900 23C
25B
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to 416-789-9554
95
Si
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Li
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W al
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* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
h
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905 regionalmaps: Burlington, Brampton, Mississauga, Oakville, Further West, Further North
Sid
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20
ra
Rd
Builder
Site
47 THE DANIELS CORPORATION
Telephone TH* C*
ARC Daniels Erin Mills
Price Range
905-306-6996 • from $300,000
Page
Finder 13
17M
905 regionalmaps: Burlington, Brampton, Mississauga, Oakville, Further West, Further North
#
1
VANDYK GROUP OF COMPANIES
The Craftsman
craftsmancondos.com from $310,000 21N
2
THE DANIELS CORPORATION
Olivia Marie Gardens
905-874-8880
3 CASTLERIDGE HOMES
The Clairington
905-793-0002 • from $230,000 16E
3
PINNACLE INTERNATIONAL
The Marquee Townhomes on the Park 905-568-9000 • from $720,000 20K
4
CONSERVATORY GROUP
Mirage
905-232-2400 • from $260,000 20K
5
AMACON
Block Nine
905-273-9333 • from $200,000 20L
6
MATTAMY HOMES
The Residences of Creekshore Common mattamyhomes.com
7
SYMMETRY DEVELOPMENTS
Lake & East Condominium Residences
9
EMPIRE COMMUNITIES
Senses Condominiums
905-845-7246 • from $195,000 17Q
10 AMACON
The Residences at Parkside Village
905-273-9333 • 21K
11 ADI DEVELOPMENT GROUP
Station West
12 SPALLACCI HOMES
101 Locke Condos
13 GREAT GULF
The Chelsea
14 PEMBERTON GROUP
Rosedale Village Golf & Country Club 905-799-5000
15 ADI DEVELOPMENT GROUP
Link2 Condos+Lofts
905-592-2028 • from $225,000 5M
16 VANDYK GROUP OF COMPANIES
Windows on the Green
905-822-3333 from $410,000 19N
17 PEMBERTON GROUP
Downtown Erin Mills Condominiums 905-630-6300 • from $320,000 18M
17 PEMBERTON GROUP
Downtown Erin Mills Condominiums Tower 2 905-603-6300 • from $320,000 18M
19 METROLY DEVELOPMENTS
The 6ixth
20 CARRIAGE GATE HOMES
The Berkeley Downtown Burlington theberkeleycondo.com • from $340,000 5M
21 VALERY HOMES
Royal Connaught Phase II
royalconnaught.com • from $300,000 5N
21 SPALLACCI HOMES
Royal Connaught Phase II
royalconnaught.com • from $300,000 5N
30 PINNACLE INTERNATIONAL
Pinnacle Grand Park 2
905-276-3981 • from $266,000 20L
30 PINNACLE INTERNATIONAL
Pinnacle Grand Park
905-276-3981 • from $300,000 20L
34 PINNACLE INTERNATIONAL
Pinnacle Uptown
905-568-9000 • from $200,000 19K
45 EMPIRE COMMUNITIES
Rain Condominiums
• from $200,000 14K
• from $406,000 14R
lakeandeast.com • from $350,000 16S
adidevelopments.com • from $200,000 5N 101lockecondos.com
• 5N
905-844-1605 • from $220,000 16P •
• from $204,000 13F
the6ixthtowns.com • from $300,000 16P
empirerainsenses.com • from $350,000 17Q
SEARCH ONLINE ypnexthome.ca *TH: Townhomes, Attention Builders - Want to add your community to our maps? Highlighted listings are advertised in this issue of Condo C: Condo Guide. Please refer to page number for complete information. Need to update existing information? Please fax the details to (416) 789-9554
97
WhitechurchStouffville
A
East
Mt Albert Rd
Millard St
407
Markham
Denison St
Telephone TH* C* Price Range
Cosmos Condominiums
7
ion R
Site
5
11 Concess
Builder LIBERTY DEVELOPMENT CORP.
10 Concess ion R
Steeles Ave E
9 Line
Rd
Hwy. 48 le Dr
n
de
Al
e
# 1
34
Bullock Dr Hwy 7
Town of Markham
Raymervil
404
14 Ave
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
Steeles Ave W
3 407
404 St
Major Mackenzie Main St S
John
8
7 17
Aldergrove Dr
e
Clark Ave W
45
Kennedy Rd
13
Thornhill
Warden Av e
Centre St
32
18 Ave
16 Ave Carlton Rd
Ave
1
407
Henderson Av
44
7
Yonge St
46
31
16th Ave.
Woodbin e
e Av
7
Langstaff Rd
Cachet Pkwy
4
rn Ave
n to
11 40
43 10
Strathea
Richmond Hill Denham Dr
ng Isli
50
t nce S Clare Kipling Av
400
Elgin Mills Rd
Major MacKenzie
Weldrick Rd W
Rutherford Rd
19 Ave
404
Leslie St
Regent St Mill St
Elgin Mills Rd Neal Dr
St
Maple
St
Bathurst
St
9
19th Ave.
Gamble Rd
n
407
401
McCowan Rd
2 15 Dufferin
Huntingto
7
16
401
Yorkland
Hwy. 27
Yonge St
McCowan Rd
Stouffville Rd
E
G
To wn of O sh awa
401
19 Ave
41
City of Pickerin g
Key Maps
To wn of W hitby
Bethesda Sideroad
Major Mackenzie
F
Leslie St
n Rd
48
Teston Rd
6
To wn of Ajax
21 22 23 24 25 26
Jefferson Sideroad
y Cr
D
Nashville Rd
King Rd
Bloomington Rd
Keele St
Rd
Pine Valle
Kirby Rd
404
400
Jane St
Weston Rd
C
Vandorf Sideroad Kennedy Rd
Woodbin e Ave
King-Vaughan Rd
McCowan Rd
Aurora Rd
Warden Ave
B
Bayview Ave
9 Concessio
St John's Sideroad
Langstaff Rd
98
47
Bloomington Sideroad Vivian Rd
Cold Cree k
12 Line Rd
905regionalmaps: Maple, Thornhill, Richmond Hill, Vaughan, Markham, Stouffville, Ajax, Whitby, Oshawa
1 2 3 4 5 6 7 8 Town9 of 10 11 12 13 14 15 16 17 18 19 20
Page
Finder
cosmoscondos.ca • from $250,000
29
6G
13 LIBERTY DEVELOPMENT CORP.
Legacy Park
905-731-8302 • from $280,000
27 & 31
10G
31 PEMBERTON GROUP
Sky City 2
905-709-5700 • from $350,000
Insert
12F
32 LIBERTY DEVELOPMENT CORP.
Royal Gardens
905-889-9997 • from $303,000
27
15F
44 LIBERTY DEVELOPMENT CORP.
Centro Square Condos
905-851-8887 • from $333,000
28
5F
46 PLAZA
The Met
pureplaza.com • from $660,000
38
6F
47 TREASURE HILL HOMES
Shift
81
16A
treasurehill.com
•
2
ROYAL PINE HOMES
Hampton Place
3
TRIBUTE COMMUNITIES
Varley
royalpinecondos.com • from $390,000 9C
905-604-1477 • from $550,000 19F
4
TRIDEL CORPORATION
Renaissance of Richmond Hill
416-736-9500 • from $795,000 14E
5
LINDVEST
Grand Cornell Brownstones in Markham 905-294-6161 from $340,000 23F
6
ARMOUR HEIGHTS DEVELOPMENTS
The Sorrento
8
WYVIEW GROUP
Unionville gardens
9
PEMBERTON GROUP
Indigo Condiminiums
289-637-1777 • from $400,000 13B
unionvillegardens.com • from $200,000 18F
905-553-1430 • from $420,000 9E
10 GREAT LANDS CORP.
The Beverly Hills Resort Residences 905-882-6636
11 DUKA DEVELOPMENTS
Oggi Boutique Townhomes
• from $277,000 12E
15 GERANIUM HOMES
Pace on Main
16 PODIUM DEVELOPMENTS
University Studios
17 REMINGTON GROUP
York Condos Downtown Markham
31 PEMBERTON GROUP
Sky City
905-709-5700 • from $300,000 12F
32 45 CHARLES LTD.
Royal Gardens
905-889-9997 • from $303,000 15F
32 SIGNATURE COMMUNITIES
TAO Boutique Condos
905-597-2535 • from $364,000 15F
34 SIERRA HOMES
68 Main Street
905-305-0822 • from $250,000 21E
40 NOVA TRIMAX
Allegra
905-850-6866 • from $200,000 1F
41 QUADCAM DEVELOPMENT GROUP INC
Vista Parc Condominiums
905-850-8883 • from $200,000 3F
43 G GROUP DEVELOPMENT/GUIZZETTI CORPORATION
Grand Palace
905-907-4370 • from $250,000 12E
43 G GROUP DEVELOPMENT/GUIZZETTI CORPORATION
Grand Palace Phase I
905-907-4370 • 12E
43 G GROUP DEVELOPMENT/GUIZZETTI CORPORATION
Grand Palace Phase II
905-907-4370 • from $250,000 12E
45 KYLEMORE COMMUNITIES
The 6th Angus Glen
905-887-9950 • from $625,000 19E
oggitowns.com • from $320,000 1G
905-591-1071 • from $340,000 10C
universitystudios.ca • from $150,000 25 B
905-948-9900 • from $650,000 1&F
*TH: Townhomes, Attention Builders - Want to add your community to our maps? Highlighted listings are advertised in this issue of Condo C: Condo Guide. Please refer to page number for complete information. Need to update existing information? Please fax the details to (416) 789-9554
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Mattamy (Monarch) Limited has been featured as “Model Suite of the Month� as seen in the New Condo Guide model suite calendar
Model Suite photo compliments of Mattamy (Monarch) Limited
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Model suite at Nautilus, an earlier Mattamy-Monarch project on the Etobicoke waterfront.
JULY 2016
INDEX OF ADVERTISERS Aragon Properties - Eighty One Wellesley
65
Lindvest - Sonic
47
Aspen Ridge Homes - Scenic on Eglinton
43
Luxury Living Magazine - Promo
52
Aspen Ridge Homes - Studio on Richmond
43
Madison Homes - Zigg Condos
63
Aspen Ridge Homes - The Jack
43
Malibu Investments Inc. - Southside Residences at Gramercy Park 55
Bazis Inc. - No1 Yorkville Biddington Homes - J Davis House Camrost - Felcorp - The Foxbar Collection at Blue Diamond
3 BC 1
Canalfa Group - Liberty Central by the Lake Two
79
Carttera - One Eleven Condominiums & Lofts
61
ComFree - Promo Concert Properties - The KIP District Concord Adex - The Lakefront
100 49 14-15
Cresford Development Corp. - 1000 Bay
IBC
Cresford Development Corp. - CASA II
IBC
Cresford Development Corp. - CASA III
IBC
Cresford Development Corp. - Corporate
104
Cresford Development Corp. - The Clover on Yonge
IBC
Cresford Development Corp. - VOX
IBC
Marlin Spring - Canvas Condominium
75
Mattamy Homes - J Davis House
BC
Mattamy Homes - Model Suite of the Month Mattamy Homes - Riva del Lago
Insert
Mattamy Homes - Vita On The Lake
Insert
Menkes Developments Inc. - 365 Church
Insert
Menkes Developments Inc. - 87 Peter
Insert
Menkes Developments Inc. - Fabrik
Insert
Menkes Developments Inc. - Harbour Plaza
Insert
Menkes Developments Inc. - The Eglinton Yonge at Heart
Insert
Mutual Developments - Upper Beach Club
Insert
Pemberton Group - Sky City 2
Insert
99
Fieldgate Homes - Zigg Condos
63
G Group Development Corp - Ellie Condos
45
Great Gulf - Eight Cumberland
23
Harhay Developments - One Eleven Condominiums & Lofts
61
Hi-Rise (West) Inc. - Spice Urban Towns
71
Lanterra Developments - Rodeo Drive Condominiums
53
Laurier Homes - Upper Beach Club
83
Liberty Development Corp. - Centro Square Condos Liberty Development Corp. - Cosmos Condominiums
Liberty Development Corp. - Royal Gardens Liberty Development Corp. - The Village Residences Liberty Development Corp. - World on Yonge 102 YPNEXTHOME.CA
5
6-7
Family of magazines - Promo
Liberty Development Corp. - Legacy Park
23
34-35 Pinnacle International - The PJ
Empire Communities - Corporate
83
Pemberton Group - Corporate
Phantom Developments - Eight Cumberland ELAD Canada - The Park Club Emerald City
101
Plaza - Corporate
39
Plaza - The Met
38
Rockport Group - George Condos+Towns
57
State Building Group - 609 Avenue Road
67
The Daniels Corporation - ARC Daniels Erin Mills
13
The Daniels Corporation - Lighthouse Tower at Daniels Waterfront 21 The Daniels Corporation - The Wyatt Condominium Suites
19
Treasure Hill Homes - Shift
81
28
Treasure Hill Homes - Time
81
29
Tribute Communities - The College Condominium
73
27 & 31 27
Tridel Corporation - SQ2 Urban Capital - RC3
IFC 37
28 & 30
What’s Online - Promo
103
27
YP Next Home - Promo
87
What’s Online
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Crime rates: What are the safest cities in Canada? READ THE STORY ONLINE ypnexthome.ca/safest-cities
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Toronto condo market not overbuilt: CMHC
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Visit our website: JUL 30 - AUG 27, 2016 | NEW CONDO GUIDE 103
CRESFORD. ALWAYS IN FASHION. Over the last four decades, Cresford has defined the Toronto skyline with iconic landmarks in the city’s most sought-after locations. Cresford’s legendary designs, attention to detail and affinity for high-fashion labels have produced one successful condominium after another. As one of Toronto’s biggest and most trusted developers, Cresford provides superior service, quality assurance, a sense of security and the finest product on the market. Visit our Condominium Gallery at 170 Merton Street or call 416.485.3000 to arrange your private appointment.
COMING SOON
BROKERS PROTECTED. PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. ILLUSTRATIONS ARE ARTIST’S CONCEPT. E. & O.E.
The Clover 595 Yonge Street Construction Starting Soon 416.485.3000 thecloveronyonge.com
Vox Yonge & Wellesley Under Construction Furnished with Diesel Living 416.485.3000 voxcondominiums.com
Casa III Yorkville. Under Construction Sky Suites from $679,900 Signature Penthouses from $1,799,900 416.486.CASA (2272) casacondominium.com
Casa II Yorkville Move in This Summer Penthouses from $1,129,900 416.486.CASA (2272) casa2condominiums.com
1 Thousand Bay Bay & Bloor Move in Now 416.485.3000 1thousandbay.com