GTA New Condo Guide, Jan 3, 2015 by NextHome

Jan 3 - 17, 2015 Volume 19 Issue 1

B L O O RDA L E

BLO

STR

EET

BAT HUR TR ST S

THE JUNCTI O N

EET

L I T T LE PO R T UG AL DUN

RO NC E S V AL L ES

HIGH PAR K

B RO C K TO N V I LL A G E QUE

D AR

E STR

ES ET W

STR DAS

EET

WES

W ES T Q UEEN W ES T T

PAR K DA L E L I BER TY VI L LA G E

W E LCO M E TO B RO C K TO N CO M M O N S A new kind of townhome from the $370s, brought to you by Great Gulf.

INSIDE THIS ISSUE

REAL ESTATE RESOLUTIONS TO MAKE – AND KEEP!

Prices, sizes and specification subject to change without notice. Illustration is artists’ impression. E.& O.E.

WHAT’S IN STORE FOR MORTGAGES IN 2015?

GTA CONDO MARKET PREDICTIONS

DOCKING SOON

Standing room only.

tridel.com

DIAMONDS ARE FOREVER JUST LIKE OUR VIEWS COMING SOON, BRILLIANT LIVING AT AVENUE & ST. CLAIR FROM THE $300’S

Blue Diamond at Imperial Plaza, a new elegant tower in the dazzling Forest Hill neighbourhood, brings new intensity to condominium luxury. Sublime amenities, superlative finishes and Toronto’s most radiant views. Experience the brilliance.

C A M R O S T F E LCO R P

PRICES AND SPECIFICATIONS SUBJECT TO CHANGE. IMAGES ARE ARTIST’S CONCEPT. E.&O.E. BROKERS PROTECTED

EDITOR’S NOTE

THE HOME OF YOUR DREAMS

SUSAN LEGGE Editor-in-chief

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

Ready to buy a new home in 2015? This year promises to be an interesting and exciting one in the condo market, as many new buildings are getting ready for occupancy and several new projects in exciting locations are coming up for grabs. New Condo Guide profiles the newest and greatest condominiums in and around the GTA, so you can get a jump on who’s offering what, where and at what price. Owning in a brand new project certainly has its benefits. Besides the fact that everything is new, down to the fixtures and appliances, so are all of the condominium’s common areas and facilities. You don’t inherit someone else’s tastes in paint colours or finishings, or problems, for that matter. All new condominium residences, excluding conversions, are required to be registered with the Tarion warranty program by law. This extra protection means you don’t have to fork out money for repairs since the warranty program covers most defects for several years. Tarion has a great website to help guide buyers and includes info such as the Top Ten Tips for New-Home Buyers. Visit the Tarion website at Tarion.com. Buying a condominium is a serious decision, and a significant investment, so it is imperative that you do your homework and research the marketplace to ensure you’re getting the best builder and value for your money. Here’s to helping you find the condo of your dreams this year!

MONEY MATTERS IN 2015

LYDIA MCNUTT Editor

Wall2Wall Media Lydia.McNutt@wall2wallmedia.com Follow me on Twitter at Twitter.com/LydiasTweets

The new year is a time to reflect on the past, plan for the future and set goals. Perhaps 2015 will be the year you pay off a debt, start saving for retirement, or get into the housing market. No doubt, financial New Year’s resolutions will top many to-do lists. Regardless of the particulars, when it comes to money matters your best bet is to be prepared for what’s to come by planning ahead. Experts predict interest rates will hold steady until mid-2015, but it’s up to you to ensure you’re not caught off guard when they rise. Here are some things to keep in mind when shopping for your condo: » Have a realistic view of how much home you can afford by determining your down payment, household income, debt payments, monthly bills, and the lifestyle you expect to lead. » Don’t spend the maximum that you’re approved for. Just because you get approved for $700,000 doesn’t necessarily mean you should spend that much. As they say, life happens – a new baby, a change in jobs, or any number of other unexpected circumstances. It’s wise to have some savings set aside, just in case. » Choose a mortgage with the shortest amortization period possible. Yes, this will increase your monthly payments, but you’ll also save a bundle on interest over the life of your mortgage. Careful planning, often with the help of a financial advisor, can help ensure you’re well-equipped to deal with any surprises coming your way.

2 NEW CONDO GUIDE | JANUARY 3 - 17, 2015

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JANUARY 3 - 17, 2015 | NEW CONDO GUIDE 33

NEW CONDO GUIDE

CONTRIBUTORS PRESIDENT, WALL2WALL MEDIA

Jacqueline Hill EDITOR-IN-CHIEF / DIRECTOR OF CONTENT

Susan Legge DIRECTOR OF SALES, NATIONAL

Josh Heppner ASSOCIATE PUBLISHER SWO NEW HOMES

Susan Maxwell ART DIRECTOR

Daiana Garay EDITOR

Lydia McNutt CONTRIBUTING EDITORS

BILD REPORT

LEGALLY SPEAKING

DESIGNER ADVICE

Bryan Tuckey

Jayson Schwarz

Yanic Simard

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

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

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

Sara Duck Wayne Karl Elisa Krovblit DESIGN EDITOR

Yanic Simard

SALES MANAGER

Conni Robinson SENIOR ACCOUNT EXECUTIVE

Dionne Fraser dionne.fraser@wall2wallmedia.com SENIOR ACCOUNT EXECUTIVE

Nina Downs nina.downs@wall2wallmedia.com

SALES & MARKETING CO-ORDINATOR

Terry Bassett ADMINISTRATIVE ASSISTANT

Antoinette Jackson PRODUCTION MANAGER

Bala Gnanapandithan PRODUCTION CO-ORDINATOR

Sandra Hanak-Vujnovic CONDO PRO

INDUSTRY INSIDER

Barbara Lawlor

David Hirsh

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.

David Hirsh is president and CEO of Brandy Lane Corp. David prides himself on his creative hands-on approach to all stages of the development and building process. The company’s newest communities are Wyldewood Cove in Collingwood, and coming soon, The Davies, at Avenue Road and Cottingham. Visit BrandyLaneHomes.com.

INVESTOR ADVICE

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. Visit TrueCondos.com/ NewCondoGuide for a free gift. Contact Andrew at 416.371.2333 or andrew@truecondos.com

GRAPHIC DESIGNERS

Viosa Barileva, Miguel Cea, Hannah Yarkony Sandra Hanak-Vujnovic, Mike Terentiev

Published By

#500-401 The West Mall Etobicoke, ON M9C 5J5 T 416.626.4200 F 416.784.5867 newhomeandcondoguide.ca Call 416.626.4200 for advertising rates and information. distribution in select high-traffic street boxes, stores, banks, financial institutions and select condominium sales offices. COPYRIGHT 2015 All rights reserved by Wall2Wall Media. 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@wall2wallmedia.com. The views and data expressed by columnists do not necessarily represent those of the publication. ADVERTISING

CIRCULATION Free

STYLE FILE

MORTGAGE ADVICE

MAKE YOUR MOVE

Jane Lockhart

Alyssa Richard

Chuck Resnick

Jane Lockhart is founder and principal designer of Jane Lockhart Interior Design in Toronto. She can be reached at 416.762.2493. janelockhart.com

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

Chuck Resnick is vice-president of marketing and operations at Two Men And A Truck – Canada, a division of Heron Capital Corp. He can be reached by visiting online at twomen.ca and by calling 416.204.0007.

4 NEW CONDO GUIDE | JANUARY 3 - 17, 2015

Please recycle this magazine! Wall2Wall Media participates in the Partners in Growth Reforestation Program through St. Joseph Communications. To date, Partners in Growth has planted over 2.5 million trees in parks, recreation and conservation areas, and other public spaces across Canada. Established in 1990, this program was started with Scouts Canada to help replenish the environment.

@BazisInc | NEWCONDO JANUARY33- -17,17,2015 2015| NEW CONDOGUIDE GUIDE5 5 JANUARY

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JANUARY NEW CONDO CONDO GUIDE GUIDE 77 JANUARY 33 -- 17, 17, 2015 2015 || NEW

LAST CHANCE AT PRE-CONSTRUCTION PRICING THREE WAYS TO SAVE UP TO $15,000* FOR A LIMITED TIME ONLY, MISSISSAUGA’S HIGHLY SUCCESSFUL MASTER-PLANNED URBAN COMMUNITY IS NOW EVEN GREATER VALUE! LOCATED JUST STEPS TO VIBRANT ERIN MILLS TOWN CENTRE WITH OVER 180 SHOPS, DINING AND SERVICES. LIVE NEAR EXISTING PARKS, TRAILS, PUBLIC TRANSIT AND SCHOOLS. DOWNTOWN ERIN MILLS OFFERS A FINE COLLECTION OF CONDOMINIUM DESIGNS WITH OUTSTANDING FINISHES AND INSPIRED AMENITIES.

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*VALID ON 1 BEDROOM SUITES ONLY. SEE A SALES REPRESENTATIVE FOR DETAILS. EXCLUSIVE LISTING BROKERAGE CIRCLE M REALTY CORPORATION. PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. ILLUSTRATION IS ARTIST’S CONCEPT E.&O.E.

8 NEW CONDO GUIDE ||JANUARY JANUARY33--17, 17,2015 2015

BRIGHT LIGHT S,BIG CIT Y CONDOMINIUMS AT YONGE & EGLINTON

COMING SOON

CityLightsCondos.ca • 905.326.4100 Exclusive Listing Brokerage Circle M Realty Corporation and Milborne Real Estate Inc. Prices and speciﬁcations are subject to change without notice. Illustration is artist’s concept E.&O.E

JANUARY 33 -- 17, 17, 2015 2015 || NEW JANUARY NEW CONDO CONDO GUIDE GUIDE 99

BILD REPORT

Fundraising and focusing on homeowners By Bryan Tuckey

hroughout the year, we gather as an industry to raise funds and awareness for our community partner, Habitat for Humanity GTA. Our 11-year partnership with Habitat is a great source of pride for the Building Industry and Land Development Association because we’re both in the business of building homes people can afford and we are both strong advocates of affordable home ownership. More than 400 industry professionals recently attended our association’s sixth annual Party for Humanity, helping to raise much-needed funds for our community partner that works hard to end the cycle of poverty by building affordable homes for low-income families. The memorable event was organized by a volunteer committee of BILD members as a celebration of the leadership of BILD Chair Steve Upton and his dedication to promoting and supporting BILD’s partnership with Habitat during his two-year tenure. It also gave members the opportunity to thank Steve for all of his hard work as he will soon be passing the gavel to his First Vice Chair Steve Deveaux. Steve has been the voice of the industry on a number of issues over the past two years, providing leadership and valuable knowledge to critical issues that affect new-home owners across the GTA. Most recently, he helped BILD become the sole owner of the National Home Show, the Toronto Fall Home Show and the GTA Home Show. It was a strategic acquisition and a bold step for the future vitality of our 93-year-old Association. If you’ve ever attended one of our home shows, you know that it’s already a destination come the fall or springtime and it’s only going to get better from here. Steve also worked hard to reinforce our working relationship with all levels of government, bringing information about how municipal and provincial policies affect homebuyers and communities across the region. He was involved in numerous reviews, consultations and education seminars in the lead up to both the provincial and municipal elections. A few weeks ago, Steve was named to Mayor-elect John Tory’s Transition Advisory Council and will act as the voice of the industry and new-home buyers living in the City of Toronto. His appointment is a testament to his professional accomplishments and outstanding contributions of leadership at BILD.

Our 11-year partnership with Habitat is a great source of pride because we’re both in the business of building homes people can afford and we are both advocates of affordable home ownership 10 NEW CONDO GUIDE | JANUARY 3 - 17, 2015

Steve was also instrumental in our recent advocacy efforts to amend the building code to allow the construction of wood-frame buildings up to six storeys. The change will take effect Jan. 1, 2015 and will introduce midrise homes to Ontario. This new housing type will bring additional choice to new-home buyers looking to buy a safe, quality home in the GTA. We have been advocates of this progressive building option and we know it will lead to the construction of new vibrant communities for newhome buyers and employers alike. Our association has had many successes and accomplishments to celebrate over the past two years. I look forward to celebrating the success of our incoming chair, Steve Deveaux, over the next two years.

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 on Twitter @bildpres or @ bildgta, facebook.com/bildgta, and bildblogs.ca.

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

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JANUARY JANUARY 33 -- 17, 17, 2015 2015 || NEW CONDO GUIDE 11

CONTENTS

JAN 3 - 17, 2015

VOLUME 19

ISSUE 01

COVER STORY

Commons 20 Brockton Towns that are all city, brought to you by Great Gulf

COLUMNS / NEWS / HOMEBUYERS’ HELP 2

Editor’s Note

Contributors

10 Bild Report Fundraising and focusing on homeowners by Bryan Tuckey

14 CMHC Report Toronto housing starts trending lower in November 16 Industry News Mattamy Homes announces agreement to purchase Monarch Corporation

22 Investor Advice The year in review, and what lies ahead in Condo Land by Andrew la Fleur

by Barbara Lawlor

24 Minto Launch at Minto Yorkville Park an outstanding success

32 Menkes Menkes partners with Reel Asian Film Festival

26 Q&A Why Minto Yorkville Park is gearing up to be a hotspot

33 Home Sweet Home What goes down must come up?

by Lydia McNutt

28 Mortgage Advice What can we expect from mortgages in 2015? by Alyssa Richard

12 NEW CONDO GUIDE | JANUARY 3 - 17, 2015

30 Condo Pro Your new home finances: The big picture

by Lydia McNutt

40 Financial Report Household imbalances a risk to financial stability: Bank of Canada

42 Tarion Report Tarion wraps up a busy and productive year by Howard Bogach

44 Your Home Mortgages in Canada look like a dog’s breakfast by Yan Gurevich

46 Style File Five secrets to designing an amazing room by Jane Lockhart

48 Legally Speaking Land Transfer Tax and your new home by Jayson Schwarz

50 Fundamentally Speaking Buying your first home? Four tips to help guide your decision by Wayne Karl

52 Homebuyers’ Help Buying a home in 2015? Resolutions to make & keep! by Kara Kuryllowicz

54 PRK Developments University Suites sells out

56 Kylemore Communities Kylemore celebrates a year in the spotlight

80 Make Your Move Packing up the holiday cheer

58 Quick Tips A new year, a fresh start

90 Condo Watch 905 Previews, new releases and grand openings in the 905

by Hellen Buttigieg

60 Industry Insider New home time line: From concept to occupancy by David Hirsh

by Chuck Resnick

92 Money Matters How to survive the holiday aftermath by Gail Vaz-Oxlade

66 Concert Properties Concert marks history of Toronto with public art dedication

95 Interest Rates Bank of Canada holds rate at one per cent

68 Designer Advice The fully furnished bathroom

96 Averton Innovative brownstones in the heart of Pickering

by Yanic Simard

72 Condo Watch 416 Previews, new releases and grand openings in the 416

98 Sales Stats Canadian home sales hold steady

74 Taxing Issues Promises, promises

104 Hot Dates GTA events to check out

by Henry Choo Chong

78 Housing Forecast CREA upwardly revises resale housing forecast

105 Condo Buyers’ Resource Section 110 Advertiser Index

CONDO PROFILE

ELAD Biyu at The Colours of Emerald City Buy into a fabulous lifestyle

JANUARY 3 - 17, 2015 | NEW CONDO GUIDE 13

CMHC REPORT

Toronto housing starts trending lower in November

ousing starts in the Toronto Census Metropolitan Area (CMA) trended lower at 25,579 units in November compared to 27,877 in October, according to Canada Mortgage and Housing Corp. (CMHC). The trend is a six month moving average of the monthly seasonally adjusted annual rates (SAAR) of housing starts. “The lingering effects of fewer preconstruction condominium apartment sales between mid-2012 and mid-2013 continue to weigh on the number of apartment starts occurring in the second half of 2014. The pick-up in condominium apartment sales since the end of 2013 will begin to translate to more starts next year,” says Dana Senagama, CMHC’s Toronto senior market analyst. CMHC uses the trend measure as a complement to the monthly SAAR of housing starts to account for considerable swings in monthly estimates and obtain a more complete picture of the state of the housing market. In some situations, analysing only SAAR data can be misleading in some markets, as they are largely driven by the multiples segment of the markets which can be quite variable from one month to the next. The standalone monthly SAAR was 24,083 units in November, down from 25,565 units in October. The city of Toronto recorded the highest number of starts in November, and captured almost all of the apartment starts in the GTA this month. The next highest municipalities were Brampton and Richmond Hill, which recorded robust lowrise starts.

14 NEW CONDO GUIDE | JANUARY 3 - 17, 2015

TORONTO CM A HOUSING STA RTS THOUSANDS

80 70 60 50 40

25.6

24.1

20 10 0 NOVEMBER 2012

NOVEMBER 2013

NOVEMBER 2014

Housing starts, SAAR Housing starts trend line (six-month moving average)

PR ELIMINA RY HOUSING STA RTS DATA NOV EMBER 2014 Toronto CMA1

October 2014

November 2014

Trend 2

27,877

25,579

SAAR

25,565

24,083

Actual

November — Single-detached

October 2013

November 2014

836

856

November — Multiples

2,378

1,274

November — Total

3,214

2,130

January to November — Single-detached 8,619

8,140

January to November — Multiples

22,165

18,530

January to November — Total

30,784

26,670

Source: CMHC 1 Census Metropolitan Area 2 The trend is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR). Detailed data available upon request

As Canada’s national housing agency, CMHC draws on more than 65 years of experience to help Canadians access a variety of quality, environmentally sustainable and affordable housing solutions. CMHC also provides reliable, impartial and up-to-date housing market reports, analysis and knowledge to assist consumers and the housing industry in making informed decisions. Follow CMHC on Twitter @CMHC_ca

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*The First Home Boost Program is not available on the townhomes and is only available on a limited number of suites. **Parking and locker incentive is only available on a select number of home types. Conditions apply. Exclusive Listing: CityLife Realty Ltd. Brokerage. Brokers Protected. Illustrations are artists concepts. Prices and specifications are subject to change without notice. E.&O.E. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without prior written permission of The Daniels Corporation, is strictly prohibited.

JANUARY 3 - 17, 2015 | NEW CONDO GUIDE 15

IN THE NEWS

Mattamy announces agreement to purchase Monarch Corp.

n one fell swoop, Mattamy Homes – already Canada’s largest new home builder, though primarily in lowrise homes – has also become a major player in the highrise business. Mattamy Homes Ltd. has announced that it has entered into an agreement to purchase Monarch Corp., the Canadian division of U.S. home builder Taylor Morrison Home Corp. The net cash purchase price will be determined based on the Dec. 31, 2014 Monarch balance sheet and certain agreedupon adjustments. The purchase price is currently estimated to be approximately CAD$330 million, net of cash distributed to the vendor prior to close. The deal is expected to formally close in the first quarter of 2015 and is subject to customary closing conditions, including approval by the Canadian Competition Bureau.

“Monarch is a leading builder in Ontario, with an exceptional reputation and portfolio of assets,” says Peter Gilgan, founder and CEO of Mattamy. “The addition of the business to Mattamy Homes aligns well with our growth strategy, and we look forward to working with the talented Monarch team as we enhance our already significant footprint in Ontario and enter into the highrise market.” So, what might this mean for these brands – both iconic names in their respective home building markets? “In the short-term, it really is business as usual for the two companies – Mattamy operates as Mattamy and Monarch as Monarch,” Brent Carey, vicepresident at Mattamy, told New Condo Guide. “Once the deal closes, we will be taking a strategic and thoughtful approach to evaluating how integration will happen, including of the brands. It’s fair to say that we’ll be looking at a number of options as we decide what’s the best future course of action for the organization and the brand.” After closing of the transaction, Mattamy and Monarch will spend the following months evaluating how and to what extent the two organizations will be integrated. The intent is to have made the necessary operational decisions by the beginning of Mattamy’s 2016 fiscal year (June 1, 2015). “This is an exciting time for Mattamy, as well as Brad Carr, our Canadian president, and me,” says Brian Johnston, chief operating officer of Mattamy Homes. “We both spent our formative years at Monarch and expect the deal to provide valuable synergies to Mattamy. I would highlight that this acquisition, in one stroke, puts us in the highrise business in a significant way. Highrise represents more than 50 per cent of new home sales in the Greater Toronto Area and so is a major positive to this transaction.” For homebuyers, there’s not likely to be any immediate impact of the deal. “There is no immediate change for Mattamy or Monarch homebuyers as a result of this announcement,” says Carey. “For now it’s business as usual. We will have more answers as we carry out the work of evaluating how and to what extent the two organizations will be integrated.” Mattamy Homes is one of the largest privately owned builders in North America and is Canada’s largest new home builder, with operations across Canada and the U.S. Mattamy has built more than 70,000 homes in hundreds of communities. In Canada, those communities stretch across the GTA, as well as in Ottawa, Calgary and Edmonton. In the U.S., the company is represented in seven metropolitan areas: Minneapolis-St. Paul, Charlotte, Phoenix, Tucson, Jacksonville, Orlando and Tampa-Sarasota.

first date. Remember when it all started? First love. First memories. First accomplishments. And your first home. For almost a century Monarch has been central to so many important moments in peopleâ€™s lives. So if youâ€™re looking for a condominium, trust the oldest, strongest, most respected name in Canadian home building.

Choose Monarch. First.

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MonarchGroup.net

first.

Go on vacation every time you come home w No

! ed er t s gi Re

Move-in this Year!

Thatâ€™s what owning Monarch on the waterfront is like. Monarch offers three landmark condominiums on the sought-after Humber Bay Shores waterfront. Impressive lobbies. Water views. Concierge services. Luxury amenities. Lounges and rooftop terraces. Nearby bars and restaurants. For resort lifestyle, Monarch has the waterfront covered. Choose Monarch first.

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MonarchGroup.net *Prices, specifications and promotions are subject to change without notice. Rendering is artistsâ€™ concept and image is for mood and impression only. E.&O.E.

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ASK ABOUT OUR FANTASTIC INCENTIVES AND VISIT THE SALES CENTRE TODAY! Move-In Now | Prices from the 400,000’s*

Under Construction | Prices from the $200,000’s*

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first.

MONARCH COMMUNITIES ETOBICOKE WATERFRONT | Riva Del Lago | Now Open from the $300,000’s Sales Centre located at 2167 Lake Shore Blvd. W. 416-495-3544

ETOBICOKE WATERFRONT | Lago | Under Construction from the $200,000’s Sales Centre located at 2167 Lake Shore Blvd. W. 416-495-3544

ETOBICOKE WATERFRONT | Waterscapes | Move-in Now from the $400,000’s Sales Centre located at 2167 Lake Shore Blvd. W. 416-495-3544

MARKHAM | Garden Court | Move-in Now from the $400,000’s Appointment Only 416-495-3595

DOWNTOWN TORONTO | Picasso | Under Construction from the $400,000’s Appointment Only 416-495-3549 SALES CENTRE HOURS: Mon.- Thurs. 12pm - 6pm, Weekend & Holidays 12pm - 5pm, Closed Fridays

ALSO BUILDING LOW RISE COMMUNITIES IN: Kleinburg | Caledon | Ajax | Scarborough | Kitchener

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MonarchGroup.net Prices, specifications and promotions are subject to change without notice. E.&O.E. 14059

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NewHomeAndCondoGuide.ca JANUARY 3 - 17, 2015 | NEW CONDO GUIDE 17

Location is everything. LIVE AT YONGE AND RICHMOND. CITY, TOWER AND LOMBARD SUITES AVAILABLE.

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Exclusive listing, Baker Real Estate Incorporated, Brokerage. Brokers protected. All illustrations are artists’ concept. Prices, sizes and specifications subject to change without notice. E.&O.E.

18 NEW CONDO GUIDE | JANUARY 3 - 17, 2015 18 NEW CONDO GUIDE | JANUARY 3 - 17, 2015

TOWNS THAT ARE ALL CITY * Prices,

sizes and specification subject to change without notice. Illustration is artists’ impression. E.& O.E.

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JANUARY 3 - 17, 2015 | NEW CONDO GUIDE 19

COVER STORY

TOWNS THAT ARE ALL CITY Welcome to Brockton Commons, brought to you by Great Gulf

TORONTO’S QUEEN STREET WEST WAS RECENTLY NAMED THE second-coolest neighbourhood in the world by Vogue Magazine. And at the centre of all that cultural and creative energy, is Brockton Village – a neighbourhood within a neighbourhood that is as unique and vibrant as the area that surrounds it. It’s here that you’ll find Brockton Commons – an exclusive new collection of 36 townhome residences, coming this spring. Blending the best of modern urban design with the timeless appeal of a traditional townhome, Brockton Commons offers you your choice of exceptionally expansive two- and three-bedroom layouts ranging in size from 900 to 1,400 sq. ft. and featuring private rooftop patios. Your own front door opens up to all the potential of Brockton Village, and West Queen West. With prices starting in the $370’s, Brockton Commons is your chance to experience the very best of lifestyle and location.

20 NEW CONDO GUIDE | JANUARY 3 - 17, 2015

Details matter. The finest in design demands the finest in materials, finishes and amenities – and Brockton Commons delivers on all three. Striking brick exteriors with metal accents welcome you home in style. Thoughtful interiors offer main floors with soaring nineft. ceilings and floating wood-grain flooring. Eat and entertain in kitchens with granite or Corian counters, stainless steel appliances and gourmet islands. Then, retreat to your spacious master bedroom, with some plans offering well-appointed ensuites.

Toronto’s Queen Street West was recently named the second-coolest neighbourhood in the world by Vogue Magazine. It’s here that you’ll find Brockton Commons.

Breathing room. Of course, a quiet oasis like Brockton Village is also the perfect place to enjoy a little outdoor space with homes that offer balconies and large terraces – each fully outfitted with electrical outlets and gas barbecue hookups. Whether it’s hosting friends for a summer barbecue or hanging out with a glass of wine and a good book, your terrace is your private sanctuary in the heart of the city. A new kind of townhome. And a new way to build a townhome. As one of Great Gulf’s signature developments, Brockton Commons will be constructed using the innovative building practices of H+ME Technology. This ensures both quality and precision at every step of the building process, resulting in straighter joints, squarer walls, stronger structural integrity, and improved ventilation. “These townhomes are much more advanced in terms of building techniques. The quality is high because we manufacture in a controlled environment. Our homes are engineered and built to a higher standard because of the computers and robotic equipment utilized in building the structure,” says Christopher Wein, president, Great Gulf Residential. In short, it’s technology that translates directly to a better living experience for every Brockton Commons homeowner.

Built and backed by Great Gulf. For 40 years, the Great Gulf group of companies has grown from a regional home builder into one of North America’s premier real estate organizations. With new projects underway across Canada and the U.S., their fully integrated services span the entire real estate spectrum. Great Gulf has built its reputation by continually seeking to marry design innovation, construction technology and craftsmanship in new and exciting ways, to create homes that are quieter, brighter, healthier, more energy-efficient and quite simply, better built.

For exclusive access to updates and VIP events for Brockton Commons, please register at greatgulf.com/brockton JANUARY 3 - 17, 2015 | NEW CONDO GUIDE 21

INVESTOR ADVICE

The year in review, and what lies ahead in Condo Land By Andrew La Fleur

reetings condo investors! As we kick off the new year, it’s a natural time to review the past and plan the future. That said, here’s a Coles Notes version of 2014, and some projections as to what we can expect in 2015: The year in review: The 2014 new-condo market saw more launches than 2013, and most sold quickly – especially those in prime locations. Sales were higher than expected. On final count, we should hit around 20,000 new units sold in 2014, beating out forecasts at this time last year that called for around 17,000 to 18,000 units sold. Prices in 2014 remained fairly stable, seeing slight increases over 2013 but nothing unsustainable or worrying. Unsold inventory was actually trending down and the percentage of sold units to total inventory was at a very healthy point. As for the resale market, 2014 was a very strong year overall, quite possibly the best ever for sales volume. It was a bounce-back year from 2013’s noticeably weak sales and price figures. The skeptics are once again proven wrong and the condo market keeps pressing forward, as prices, sales and rentals continue to increase. The rental market is showing surprising resilience. Even though more new condos that are coming online are being put up for lease than ever, they are all being absorbed and rental prices are actually still rising slightly, or in the worst case for some pockets, they are flat. The condo market is now clearly being pulled up by the ridiculousness of the lowrise housing market. With housing prices out of reach for most average people now, condos are the only option. Combined with ever-increasing rental rates and perpetually low mortgage rates, it makes more sense to buy a small condo in Toronto than to rent one. Predictions for 2015: On the new-condo scene, expect to see continued moderate price appreciation in the two- to three-per-cent range, and continued strong sales in the 20,000-units range. Projects that are struggling will either relaunch at a new price, or will chip away at their inventory at a snail’s pace, which will delay completion dates by another year or two for purchasers. Developers will increasingly have to offer attractive incentives to buyers, like prices that are at or below resale values, extended deposit structures, and rental guarantees to keep the momentum going, but if they do these things and they have good condos in good locations, they will continue to sell well. Developers who get greedy and see the strong sales figures from 2014 as a reason to increase pricing too quickly, or to cut back on incentives, will struggle to sell – the main reason being the average condo investor is much more sophisticated, educated, and aware of what the competition is offering than ever before. 22 NEW CONDO GUIDE | JANUARY 3 - 17, 2015

Meanwhile on the resale condo market, expect to see continued price appreciation in the four- to fiveper-cent range. Sales volume will be up slightly from 2014, making 2015 another record-breaking year. Rental prices will be flat overall for the GTA, but for the downtown core they will still increase in the two- to three-per-cent range. Two-bedroom rental and price appreciation will beat out that of onebedrooms and studios. As more and more buyers are priced out of the detached housing market, look for them to turn to condos – especially two- and three-bedroom units – as a more-affordable alternative. Larger units over 800 sq. ft., even in older buildings in good locations, will be good units to own over the next four to five years. Best wishes in 2015!

Andrew la Fleur is an awardwinning realtor with Re/Max. Andrew’s expertise is in helping investors make money in the Toronto Condo Market. Visit TrueCondos.com/ NewCondoGuide for a free gift. Contact Andrew at 416.371.2333 or andrew@truecondos.com

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JANUARY 33 -- 17, 17, 2015 2015 || NEW JANUARY NEW CONDO CONDO GUIDE GUIDE 23 23

IN THE NEWS

Launch at Minto Yorkville Park an outstanding success

shering a new era of urban luxury into the heart of the city, the muchanticipated Minto Yorkville Park opened its doors for the first time to registrants for its recent preview launch, with outstanding sales success in its first weekend. Drawing lineups of eager buyers around the block, the sales centre was abuzz with excitement as interested purchasers were invited to tour the stateof-the-art space and explore the luxurious details of the model suite vignettes. “The response to this development has been absolutely overwhelming. It’s off the charts,” says Amanda Wilson Watkins, vice-president of marketing and sales for Minto Communities. “It’s a testament to the demand for beautifully designed, high-quality suites in this prestige location, met with Minto Yorkville Park’s unbeatable value for the location.” Receiving over 3,000 registrations within a three-month period prior to launching, and 350 appointments in the sales centre in its first weekend, purchasers were able to peruse floor plans of the boutique residence and preview their new unit on the scale model.

Located at the coveted corner of Bellair and Cumberland, units on the top floors of the 25-storey tower will offer phenomenal views of the city, while boutique units on lower floors will overlook the quaint Village of Yorkville Park. Mere steps from Bay TTC station and nearby Yonge station, residents will have immediate access to the epicenter of Toronto transit along two subway lines. “Yorkville Park is an incredible investment opportunity in a location where prices will continue to appreciate. With the urgency we’ve seen so far from purchasers, this project is expected to sell out fast,” says Wilson Watkins. From the word-class restaurants along Cumberland and Avenue, to the high-fashion retail on Bloor Street West’s Mink Mile, the recipe for a luxurious Yorkville lifestyle abounds, augmented by an impressive slate of amenities within the building. Minto Yorkville Park at 88 Cumberland rises 25 storeys and consists of 200 units, offering one-, two- and three-bedroom layouts ranging from 431 to 1,060 sq. ft., priced from the low $400,000s. Now open by appointment, the sales centre is located on the seventh floor at 94 Cumberland.

To register please visit MintoYorkvillePark.com. 24

FOREVER

YORKVILLE’S MOST SUCCESSFUL NEW LAUNCH Live at Yorkville’s most sought-after address at the corner of Bellair and Cumberland.

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

NOV 22 - DEC 6, 2014 NEW CONDO GUIDE 25

Q&A

Why Minto Yorkville Park is gearing up to be a hotspot By Lydia McNutt

s with most things “Yorkville,” Minto’s newest condo is an opportunity paved in gold, so to speak. Maybe it’s the cachet of this coveted community, or maybe it’s the great value, but homebuyers jumped at the chance to get a piece of Minto Yorkville Park with more than 3,000 registrations in a three-month window prior to launch, and 350 appointments in the sales centre at its grand opening event. We chatted with Amanda Wilson Watkins, vicepresident of marketing and sales for Minto Communities, about Yorkville, luxurious living, and why you need to be here.

“The value that a buyer is receiving for the one-of-a-kind location in a boutique building overlooking Yorkville Park is exceptional and will only come around once” 26 NEW CONDO GUIDE | JANUARY 3 - 17, 2015

New Condo Guide: Why did Minto choose this location at Bellair and Cumberland? Amanda Wilson Watkins: Yorkville is among the most convenient locations in the city, with immediate access to two subway lines and Yorkville Park is steps from Bay station. But you don’t have to stray far to enjoy the best that the city has to offer, with an impressive Walk Score of 100. It’s an incredible investment, as prices are expected to continue appreciating. NCG: What sets Minto Yorkville Park apart from other condos in the area? AWW: Minto Yorkville Park offers impeccable quality within the suites and incredibly well-designed layouts. Beyond that, the amenity spaces are absolutely gorgeous, so there is

Amanda Wilson Watkins, vice-president of marketing and sales for Minto, talks Yorkville, luxurious living, and why you need to be here

plenty of space to enjoy within and outside of the suite. Compared to other boutique buildings in the neighbourhood, Yorkville Park suites are unmatched in price [from the low $400,000s]. NCG: Whatâ€™s the most luxurious feature at Minto Yorkville Park? AWW: The amenity spaces are unbelievably beautiful. I absolutely love the outdoor terrace by Paul Ferris. It will offer residents a really intimate seating area around a full-height fireplace, which I think will be a great spot to unwind and enjoy a glass of wine. The best part about it is that it connects to a spacious outdoor entertainment lounge that is exquisitely designed, so the space can be used year round. With the option of barbecuing outdoors, or using the chefâ€™s catering kitchen, this will be a wonderful area to host dinner parties.

For more information, visit MintoYorkvillePark.com. JANUARY 3 - 17, 2015 | NEW CONDO GUIDE 27

MORTGAGE ADVICE

What can we expect from mortgages in 2015? By Alyssa Richard

ost of us see the end of one year and the start of a new one as a time to reflect on all we’ve accomplished. In the mortgage industry, the Canadian Association of Accredited Mortgage Professionals (CAAMP) uses this time to reflect on all that’s happened in the residential mortgage market. The annual report the organization releases each November includes data from various sources, including a survey of more than 2,000 Canadians. Here are some of the most interesting facts we pulled from the latest report: More Canadians are becoming comfortable with variable-rate mortgages. In fact, 20 per cent of those who bought homes in 2014 went with a variable rate, which is up 11 per cent from the nine per cent who did so in 2013. We suspect this increase comes from more than four years of watching the prime rate sit at three per cent, which makes variable rates seem less “risky.” It’s not surprising that the average mortgage rate on all home purchases in 2014 dropped to 2.89 per cent (from 3.23 per cent in 2013). Both fixed and variable rates have been low all year, but those who went with a variable rate got some of the best mortgage rates that the residential market has ever seen. As of Dec. 2, the best five-year variable mortgage rate in Ontario is just 2.10 per cent (prime – 0.90 per cent). Some more good news: the average down payment on the 10 million homes purchased in 2014 was 21 per cent of the purchase price! When asked why they bought homes, CAAMP found Canadians saw homes as 70 per cent a place to live and 30 per cent as an investment. For that reason, it’s not surprising that 91 per cent of the new buyers reported being happy they became homeowners, and many felt mortgages were “good debt” to take on. While mortgage debt climbed this year (from $1.19 trillion to $1.3 trillion), so did the number of Canadians who are now 100 per cent mortgage debtfree. According to the report, 3.98 million homeowners have paid off their mortgages. That’s 41 per cent of all homeowners. Of course, that leaves 59 per cent of Canadian homeowners with some amount of mortgage debt on their plates – and pulling out equity from a home counts as part of that. In total in 2014, $63 billion of equity was taken out of homes and used for debt consolidation, home renovations, investments, education and other purchases. As for 2015, while no one has a crystal ball, most economists agree there’s not likely to be any notable increase in mortgage rates next year. In its latest rate announcement on Dec. 3, the Bank of Canada once again maintained its target for the overnight rate at one per cent, citing Canada’s economy as showing signs of a broadening recovery. Stronger exports are leading to

28 NEW CONDO GUIDE | JANUARY 3 - 17, 2015

increased business investment and employment, which suggests the rebuilding that will lead to balanced and self-sustaining growth may finally have begun, BoC says. The Bank’s next scheduled rate announcement will take place on Jan. 21, 2015.

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

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CONDO PRO

Your new home finances: The big picture By Barbara Lawlor

uying a new home or condo is a major life step, and for most people, it is the largest single financial investment they will ever make. If you are looking to buy this year, examine your decision carefully – especially where the deposit is concerned. Determining that magic number depends a lot on when in the marketing process you purchase. If you buy early in the preconstruction phase, you have the advantage of better pricing and more time to save toward your deposit and closing costs. In fact, you may have months, or even years. This can make a big difference, especially for first-time buyers. Be realistic about what you can afford. Ask if your builder is offering any deposit programs that make it easier to buy. Next, ask all the questions you can about what the home or condo will actually cost you. The sales representative you deal with will have the information you need to prepare adequately. Consider the big picture of your purchase and explore all avenues. For example, first-time buyers can withdraw up to $25,000 from their RRSP to buy or build a qualifying home. This is a huge help and a wise use of your money, as real estate continues to be a good investment where the future is concerned. Remember, too, that there are closing costs. In addition to asking your builder representative about these, be sure to have your Agreement of Purchase and Sale examined by a real estate lawyer. According to Canada Mortgage and Housing Corp. (CMHC), your closing costs can range from 1.5 up to four per cent of the purchase price, so you must be prepared to pay these. The costs include items such as the fee for Tarion Warranty Corp. enrolment, realty taxes and legal fees. Again, make the most of the period between buying your new home and your closing date. Take this time to save money and get your finances sorted out for your new life. Focus on a specific goal for move-in and work toward that dollar amount. Some first-time buyers even set aside the condo maintenance fee every month to work it into their budget, and then use that amount toward the rest of their down payment. Shop for a home with the motto, “Be prepared.” Use every resource at your disposal, including CMHC’s guide, Homebuying Step by Step. You can access that online at cmhc-schl.gc.ca/en/co/buho/index.cfm. The Canadian Home Builders’ Association also offers a website section on “Buying a New Home.” Visit chba.ca/buying.aspx and you will find helpful links to “How Much Can You Afford” and “The Full Cost of Your Purchase.” Once you factor in all your costs, you may discover that the home you like is beyond what you can afford. Better to find out up front rather than later on. Keep an open mind and check out the other designs available. Today’s compact layouts “live” much larger than they did decades ago. It may be that a smaller space can still fulfill your needs beautifully. If you are a first-time buyer, your main goal should be to get into the market and start building equity.

30 NEW CONDO GUIDE | JANUARY 3 - 17, 2015

Traditionally, real estate increases in value every year – especially in the Greater Toronto Area. The entire world is looking at the GTA as a fabulous place to live and invest. Often, owners who purchased early have already seen their investment rise in value by the time they move in. If you are buying a new home or condo, pat yourself on the back for making a great decision that will launch you into the future in an exciting way. Just be sure to find out exactly what it will cost you, and plan accordingly.

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JANUARY JANUARY 33 -- 17, 17, 2015 2015 || NEW CONDO GUIDE 31

IN THE NEWS

Menkes partners with Reel Asian Film Festival DEVELOPER COMMITTED TO ARTS & CULTURE

enkes Developments has always believed that with each new development, they weren’t just building a site, but helping to build a city. Committed to their role as city builders, the Menkes team has always believed that Toronto’s diverse, multicultural composition and its thriving arts and cultural sectors were two vital components necessary in creating a great city. This corporate commitment has recently allowed Menkes to serve as a Premier Sponsor for the 18th Annual Reel Asian Film Festival. The event, which took place in November, featured 44 films from 11 different regions, and offered a unique showcase of contemporary Asian cinema and work from the Asian diaspora. Works included films and videos by East, South and Southeast Asian artists in Canada, the U.S., Asia and beyond. As Canada’s largest Asian film festival, it also provided a public forum for Asian media artists, and encouraged a growing appreciation for Asian cinema in Canada. “Menkes has, for decades, found ways to support some of Toronto’s most important arts and cultural events and institutions,” says Jared Menkes, vice-president, High-Rise Residential at Menkes. “We have also sought ways to support and champion our city’s rich and diverse ethnic communities. Sponsoring the 2014 Reel Asian Film Festival allowed us to achieve both of these objectives. A unique and important artistic event on the city’s landscape, the Festival offered a chance to celebrate the important contribution of Toronto’s East, South and Southeast Asian communities.” The company’s support of the Festival also included the establishment of the Menkes Audience Choice Award, which allowed audience members to vote for their favourite film after every screening, with Manny Pacquiao Movie, directed by Ryan Moore, selected as the favourite. “Members of Toronto’s ethnic communities have been a big part of our success as residential developers,” says Mimi Ng, vice-president, Sales and Marketing - Residential. “We have always wanted to build communities that hold appeal to a wide cross section of 32 NEW CONDO GUIDE | JANUARY 3 - 17, 2015

Torontonians; where community members, regardless of gender, ethnicity or culture, feel welcome and comfortable. Whether we’re creating condos in Toronto’s Southcore, or townhomes in Etobicoke, we are committed to building a better city.” Among Menkes’ newest projects is the recently released condominium development near Yonge and Eglinton, called The Eglinton. Located at 161 Eglinton Ave. E., just blocks from Yonge Street, this elegant 34-storey condominium tower is one of Toronto’s fastest selling new projects, designed by architects Giannone Petricone Associates, with interiors by Mike Niven Interior Design and highly liveable floor plans in a variety of layouts (from studios to two-bedroom suites). Suites at The Eglinton range in size from 359 to 871 sq. ft., and prices start in the mid-$200,000s. For more information about The Eglinton, go to menkes.com, or to learn more about the Reel Asian Film Festival event, go to reelasian.com.

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HOME SWEET HOME

What goes down must come up? By Lydia McNutt

f you’re in the market for a new home, you’re likely paying attention to the headlines – and sweating a bit. You know that the price of homes is rising. You’ve read Statistics Canada’s report that national household debt is at a record high. You’ve heard warnings from the Bank of Canada that high consumer debt and imbalances in the housing market are making Canada’s financial system vulnerable. Well, amid the doom and gloom there’s also some good news – housing affordability improved in the third quarter of 2014, according to RBC Economics’ latest Housing Trends and Affordability Report. “Owning a home was a bit easier in Q3 thanks to rising household incomes, low and steady interest rates and cheaper utility costs in many parts of the country – Toronto even saw some relief,” says Craig Wright, senior vice-president and chief economist, RBC. “With home resales sitting close to the highest levels since early 2010, the overall tone of Canada’s housing market is quite solid at this stage.” RBC’s housing affordability index captures the proportion of pre-tax household income required to own and operate a home at current market value. The greater the measure, the worse the affordability. For example, a measure of 50 per cent means owning a home – including mortgage payments, utilities and property taxes – will eat up 50 per cent of a typical household’s pre-tax income.

JANUARY 3 - 17, 2015 | NEW CONDO GUIDE 33

“A trend that jumped out in the latest data was a further broad improvement in affordability of condos where a strong majority of markets across Canada saw the measure for the segment fall. Condos no doubt continue to be the more affordable ownership option in every market.” According to the report, the national affordability level in the third quarter fell by 0.2 percentage points to 47.8 per cent for two-storey homes and by 0.3 percentage points to 27.1 per cent for condo apartments. To put these numbers in perspective, when you’re applying for a mortgage, lenders add up your housing costs and calculate what percentage they are of your gross monthly income, known as your Gross Debt Service ratio (GDS). According to Canada Mortgage and Housing Corp., your GDS should be 32 per cent or less of your pre-tax household monthly income. And with affordability coming in at 27.1 per cent for condos, they’re a great choice. “A trend that jumped out ... was a further broad improvement in affordability of condos where a strong majority of markets across Canada saw the measure for the segment fall,” Wright notes. “Condos no doubt continue to be the more affordable ownership option in every market.” RBC attributes the booming housing market to declines in fixed mortgage rates earlier this year, but predicts “interest rates to have a dampening effect on the market in 2015 with expectations that the Bank of Canada will raise its overnight rate mid-year and longer-term rates will rise well before that.” As they say, what comes down must go up? Well, something like that. So, what can you do to insulate yourself from the looming threat of rising rates? Simple – plan ahead. Stress-test your mortgage against a higher rate before you commit to your home purchase. Sure, you may be able to afford your dream home at today’s mortgage interest rate of 2.99 per cent, but in five years when it’s time to renew at 5.99 per cent (or whatever that number is at that time), will you still be able to make those payments? Factor in all your expenses. Do you have student loans? Do you drive a car? Do you expect to eat on a daily basis? Do you have kids, or are you planning to in the future? Don’t forget about those retirement savings! Consult a financial advisor to help you determine what will work within your budget. With a clear view of the big picture, it’s easier to plan ahead, and purchase a property with confidence. Buying a home is hugely rewarding, providing you’re prepared. Do your homework well in advance, and come mortgage renewal time and those Bank of Canada rate announcements, you won’t break a sweat. While it’s a good idea to pay attention to the headlines and all the advice offered – professional and otherwise – take it with a grain of salt. You can never really predict what will happen in the real estate market, though many may try. And while the picture may look a certain way from a national, provincial or city-wide perspective, what happens locally, in your price range and specific to your circumstances, can differ drastically. Your guess as to what the housing market holds is as good as anyone’s.

34 NEW CONDO GUIDE | JANUARY 3 - 17, 2015

Is it a buyers’ or sellers’ market? Will prices rise or drop in the next few weeks while you search for the best home and the best deal? What will happen to mortgage interest rates in the short term? Should you buy now, or wait until the frenzy blows over? Rather than losing sleep worrying about things you can’t predict or control, think about your own circumstances and plan your future based on your personal facts. Once you figure out your reality and your comfort level, you’ll be better equipped to make a decision without being bombarded by headlines.

Lydia McNutt is an award-winning writer and editor of New Condo Guide. Lydia’s love of architecture, interior design and the written word have landed her happily at home at Wall2Wall Media, where real estate rules. Email Lydia.McNutt@wall2wallmedia.com, and follow her on Twitter @LydiasTweets

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36 NEW CONDO GUIDE || JANUARY JANUARY 33 -- 17, 17, 2015 2015

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*Vendor will pay simple interest at a rate of 8% per annum, and such interest amount shall be calculated from the date the full 15% deposit is received until: (i) 12 months from such 15% deposit satisfaction and (ii) occupancy of the unit, whichever is earlier, which amount shall be credited on successful closing. Subject to change. Restrictions apply. See Sales Representative for details. E. and O.E.

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| NEWCONDO JANUARY33- -17,17,2015 2015| NEW CONDOGUIDE GUIDE3737 JANUARY

38 NEW CONDO GUIDE | JANUARY 3 - 17, 2015 38

JANUARY 3 - 17, 2015 | NEW CONDO GUIDE 39 39

IN THE NEWS

Household imbalances a risk to financial stability: BoC

igh consumer debt loads and imbalances in the housing market remain a concern to Canada’s financial system, the Bank of Canada warns in its biannual Financial System Review (FSR). “We judge that the probability of an adverse shock has eased since our June FSR,” says Governor Stephen S. Poloz. “This mitigates our observation that some financial vulnerabilities appear to be edging higher, leaving our overall assessment of financial stability risk roughly the same as in June.” While the FSR highlights risks, it is important to remember that global regulatory reform continues to enhance financial resilience in Canada and around the world. Further progress has been made in the past year.

40 NEW CONDO GUIDE | JANUARY 3 - 17, 2015

Three important vulnerabilities in the financial system: › Low interest rates and steady income growth have helped keep the household debt-to-income ratio broadly stable and near a historical high. › The anticipated soft landing in the housing market has not yet materialized, in part because mortgage rates have declined in the context of falling global bond yields and also because of regional factors affecting housing demand and supply. › Exceptional monetary stimulus continues to create incentives for increased risk-taking in financial markets, both globally and in Canada. The FSR framework also identifies important risks to financial stability that could expose these vulnerabilities should the risks materialize. The most important risk is the inability of stretched households to service their debt should they face a sharp decline in their incomes or a sharp rise in interest rates, which could trigger a correction in house prices. The probability of this happening is low, but if it did, the effect on the economy would be severe. The Bank maintains its assessment of this risk as elevated, but continues to expect a soft landing in the housing market as the global economy gathers strength and interest rates normalize. Another risk identified in the FSR is that a sudden shift in market expectations about U.S. monetary policy leads to a spike in global term premiums and long-term interest rates that would be transmitted to Canada through financial markets. In addition, a significant stress event in the Euro area could trigger a financial crisis that feeds back to the real economy. Finally, there could be a serious financial disruption in China that causes Chinese and global economic growth to slow significantly. These four key risks to the Canadian financial system are the same as those outlined in June, as is the level of severity assigned to them. “We are also monitoring other emerging vulnerabilities and risks to the global economic outlook, including the continued weakness in oil and other commodity prices that could cause financial stress in some economies,” Governor Poloz says.

CO M I N G S O O N

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GREAT PLACES ARE DEFINED BY NATURE The Ravine Condominiums integrates and intertwines nature and building. Overlooking hundreds of acres of open spaces and parklands, the suites have been designed to allow the outside world to flow effortlessly indoors. Perfectly located south of Hwy 401 with easy transportation access everywhere including Downtown.

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Prices and specifications are subject to change without notice. Renderings are artist concept. E.O.&E. 2014

JANUARY 3 - 17, 2015 | NEW CONDO GUIDE 41

TARION REPORT

Tarion wraps up a busy and productive year By Howard Bogach

’m proud to say it was another busy and productive year for Tarion Warranty Corp. When I look back on what we’ve accomplished, the year can be summed up as consulting with our stakeholders and improving our services. Listening to the people who are affected by our policies is an important way to gain insight so Tarion can fairly and effectively administer new home warranties for the benefit of homebuyers, and regulate new home builders. What was Tarion up to in 2014? To start, we continued to expand our commitment to making the public consultation process an essential part of our policy development. This expansion – adding more roundtable discussions with industry leaders, consumers and employees – has led to more input on how to shape our policies. One example of this is our consultations on chargeability. A conciliation inspection is generally considered chargeable if it could reasonably have been avoided by the builder honouring its warranty obligations. We received a great deal of practical feedback on this policy and are currently in the process of incorporating this feedback into policy changes. We also continued to meet with and listen to homeowners across the province who have been through the Tarion process. We received many thoughtful and insightful comments from homeowners who shared their experiences, which helps us better understand what it’s like to be in their shoes. We use this input to help us improve our processes. In fact, our upcoming review of the customer service standard, which outlines the warranty claim time lines, will focus on some key feedback we received from these meetings. Next, we improved many of our services and enhanced our disclosure. One example of this is adding notices of co-share major structural defect information to the Ontario Builder Directory. Tarion made some substantial changes to the seven-year major structural defect warranty in 2012, which previously did not generally obligate builders to respond to major structural defect claims in years three to seven of warranty coverage. Now, the starting position is that builders are responsible for all seven years of major structural defects. Builders can opt to share the cost, but the fact the builder was unwilling to correct the matter on his own will be disclosed on the Ontario Builder Directory. This adds important disclosure that was not available before. For the past few years, improving our channels of communication has been a focus for Tarion. We removed some restrictions on MyHome, our online homeowner portal, making it easier for homeowners to submit forms. We believe that continued enhancements to the MyHome service is one of the reasons we now have more than 80 per cent of homeowners submitting 30-Day Forms online. Another way we improved our services was by adding the new “Ask Tarion” feature to our website. Ask Tarion is based on virtual agent and selfservice technology that helps stakeholders get the information they need as quickly as possible. Since launching in May of 2014, users received the answer they were looking for on the first try 84 per cent of the time. 42 NEW CONDO GUIDE | JANUARY 3 - 17, 2015

These are just some of the initiatives Tarion accomplished in 2014. Most importantly, we continued to protect Ontario’s new-home buyers, paying out more than $7.2 million in claims in the first three quarters of 2014. If you have taken possession of a new home in the past year, we want to hear from you. Don’t forget to fill out your Tarion customer service satisfaction survey before Jan. 9, 2015. This is your opportunity to tell us about your home-buying experience and influence whether your builder should be recognized for their customer service.

Howard Bogach is president and CEO of Tarion Warranty Corp. For more information about how Tarion helps new-home buyers, visit tarion. com or find them on Facebook at facebook.com/ TarionWarrantyCorp

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Exclusive Listing: CityLife Realty Ltd. Brokerage. Brokers Protected. Illustrations are artist’s concept. 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.

| NEWCONDO JANUARY33- -17,17,2015 2015| NEW CONDOGUIDE GUIDE4343 JANUARY

YOUR HOME

Mortgages in Canada look like a dog’s breakfast By Yan Gurevich

ankers and brokers need to pay closer attention to what really matters to consumers when it comes to choosing their mortgage. Is rate the only, or most important, ingredient of your mortgage that should matter? Are all other aspects of your mortgage just fillers? Speaking of fillers, I saw a dog food commercial the other day, advertising that their brand contains chicken as its first ingredient. It also claims to contain a supplement that is supposed to improve your dog’s eyesight. Now, is that the best information for the human? For the dog? Or for the label to sell? What about the other ingredients which make up the bulk of the kibble? Is this formula really satisfying to you because it is priced low, or because is it best for your dog? I can tell you now that the other ingredients would not make my personal diet list. Certainly my dog couldn’t get excited over those fillers. By all accounts, they are unhealthy, cheap belly fillers with no nutritional value. Is that good for anyone? Now, I know it is a stretch to compare dog food to mortgages. But does your mortgage contain these “filler” ingredients – or “options” – that are truly important to you? Or are they mortgage options that you will never take advantage of, like 25-per-cent annual overpayment privilege, transferability, portability, skip a payment, double up payments, weekly accelerated payments. How about: » timely service; » lender to automatically renew your mortgage at the lowest market rates, and not at bank’s posted rates (typically over one per cent higher than discounted rates), without requalification requirements; » personal attention – day, night and weekend; » commitment to searching for all alternatives prior to offering the right ones, instead of pushing onto you the one or two options the management is told to push that week. Now, if these are not attractive ingredients for your mortgage, what are? Most consumers have one question on their mind: What’s the rate? Is that because advertisers reduced our choice matrix to that one factor? What happened to old-school customer services and representation? Were we just as obsessed over rates then, or did we bank where we knew that consultant had the right approach, the correct product and that the institution was truly committed to helping us? There is a dog food on the market that comes from Alberta. The first four ingredients on the list read as follows: fresh de-boned wild boar, fresh deboned lamb, fresh beef liver, fresh de-boned pork. For real? Anyone getting hungry? When was the last time a mortgage read like this ingredient list?

44 NEW CONDO GUIDE | JANUARY 3 - 17, 2015

For the client who doesn’t know the difference between dog food and mortgages, let me save you the time and assure you that mortgage rate won’t make you as hungry or excited as the right options of your mortgage should. Still, a good advisor should automatically offer you their best, most competitive rate as a starting point. But if rate is all you really expect from your lender, then you may want to rethink what you are feeding your dog. Your mortgage shopping spree should leave you almost as happy as my dog feels when I feed her that Alberta premium brand. The great thing about mortgages is that a premium brand of mortgage doesn’t mean it is more expensive. Unlike dog food, you should just expect more.

A real estate sales representative with Harvey Kalles Real Estate, Yan Gurevich shares his creativity, sales, finance and negotiating skills with his colleagues and clients. Email him at yan@harveykalles.com; call 647.209.4004; and follow him on Twitter @brokeryan

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An intimate building of 45 suites located at 663 Kingston Road and Southwood Drive. Large outdoor spaces, modern finishes and spectacular lake and treetop views. Go local and enjoy the independent cafés, bakeries and more of this emerging Upper Beach neighbourhood. Kid-wise, the area’s best daycares, schools, parks and amenities are all within easy reach. For the commuter, the streetcar to downtown Toronto is at your doorstep. You can also take a short walk to Main subway or the GO train station and get to Union in as little as 10 minutes. Space, location and kid-friendly amenities… a perfect fit for the modern family.

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JANUARY 33 -- 17, 17, 2015 2015 || NEW CONDO GUIDE 45 JANUARY

STYLE FILE

5 secrets to designing an amazing room By Jane Lockhart

Photography: Gillian Jackson (gillianjackson.ca) Courtesy of Kylemore Communities (kylemorecommunities.com)

46 NEW CONDO GUIDE | JANUARY 3 - 17, 2015

lients often ask, “How do you know what to do to make a room work?” I wish I could say it’s all natural talent, intuition and great taste, but it’s a little more than that. I’ve practiced design for more than 20 years, and in that time I’ve learned a thing or two – and I’m always happy to share what I know. Here are my top five secrets for creating a well-designed room. 1. Scale: The size of your furnishings matter Purchase sofas and chairs that not only properly fit you and your family’s needs, but also fit the room. If your space has two-storey high ceilings, it doesn’t mean that furniture should be taller than usual, large or over-powering. The actual floor space remains the same regardless of the ceiling height. Choose pieces that are comfortable and work proportionally with the floor area you have. Over-sized or over-stuffed furniture won’t look right in a small room, even if it is the main living space. 2. Details: Play up the positives Although you may have a small room, highlight the strongest feature in it. For instance, if you have a dining room that isn’t very big, but has great ceiling detail, create a focal point by adding a colour contrast on the ceiling along with a dramatic chandelier. The eye will be pulled to these features rather than the size of the room. 3. Contrast: Add energy to a room Even if you love neutral colours, it doesn’t mean that a room has to be bland. Often when clients use too many neutrals that are the same contrast or brightness, a room can feel flat. By including a range of neutral tones and using a few pops of colour within the space, a room will feel more energized. The more contrast you add, the more dramatic a space will feel.

By including a range of neutral tones and using a few pops of colour within the space, a room will feel more energized. The more contrast you add, the more dramatic a space will feel. Accessories such as vases, candles and books can be a combination of shiny and matte, so that you have a little of everything in your room. Hopefully, these tips have given you some ideas that you can try in your home. Happy decorating!

4. Focal point: Create harmony and balance Clients often struggle with what a focal point should be and why they need one at all. Basically, a focal point directs a viewer to where they should look first, which helps create harmony and balance within a space. Traditionally, focal points were thought to be fireplaces or significant pieces of architecture, but really anything can be a focal point if it is worthy of looking at. Today, a media centre, a beautiful window or even a great piece of furniture can be the focus of a room. For example, in a living room with beautiful large-scale art above the fireplace, the dramatic art is the focal point even though the room has a fireplace. The fireplace becomes a secondary focal point because it complements the art, leaving the art as the main draw in the space. 5. Variety: Textures, patterns and shine create interest Clients are often the most comfortable when everything matches, but that can leave a space looking a bit under-whelming. To make a room feel personal and interesting you need a range of pattern, texture and shine spread throughout. For instance, shiny surfaces attract attention and can make a room feel more dramatic or formal, while matte surfaces feel more modern or understated. Texture makes a room feel warmer, while pattern adds personality. If you have trouble mixing these all together skillfully, then just add texture to the carpet and keep pattern for the pillows.

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 JANUARY 3 - 17, 2015 | NEW CONDO GUIDE 47

OBRIGADA SHUKRAN K GRAC KAMSAH Land Transfer TaxOBRIGAD and your new home DANK SPASI DHANYAVAD KHAWP DANKE SPASI DH SPASIBA K MO OBRIGAD DANK ARIGATO S

LEGALLY SPEAKING

By Jayson Schwarz

henever you purchase land in Ontario, you have to pay a tax referred to as Land Transfer Tax (LTT). In the City of Toronto you also have to pay a municipal LTT, which is a form of double taxation. The good news is that all first-time homebuyers of both newly constructed homes and resale homes on agreements signed after Dec. 13, 2007 are entitled to the first time buyers’ exemption or rebate. For the Ontario tax, should you qualify pursuant to the Land Transfer Tax Rebate program, the exemption will apply to the first $2,000 of LTT payable. This means that you will pay only a portion of the LTT on homes costing more than $227,500. In order to qualify for the exemption you must meet the following criteria: 01 be at least 18 years old; 02 never have owned an eligible home as defined in the Ontario Home Ownership Savings Plan (OHOSP) Act, which includes any kind of home like a condo, detached, semi, anywhere in the world; 03 not have a spouse who has owned an eligible home as defined in the OHOSP Act while he or she was a spouse of the home purchaser; 04 not have a same-sex partner, who has owned an eligible home as defined in the OHOSP Act, which he or she was a same-sex partner of each other as defined by s. 29 of the Family Law Act; and 05 the homebuyer must occupy the purchased property as a principal residence within nine months of purchase.

If these criteria are met, you may apply for the exemption. The Ontario LTT is calculated as follows: » Up to a purchase price of $55,000, LTT = 1/2 of 1% of the purchase price net of HST » Up to a purchase price of $250,000, LTT = 1% of the purchase price minus $275 net of HST » Up to a purchase price of $400,000, LTT = 1.5% of the purchase price minus $1,525 net of HST » Over $400,000, LTT = 2% of the purchase price minus $3,525 net of HST

» Up to a purchase price of $55,000, LTT = 1/2 of 1% of the purchase price » Up to a purchase price of $400,000, LTT = 1% of the purchase price net

of HST 48 NEW CONDO GUIDE | JANUARY 3 - 17, 2015

Please remember that all other nonqualifying people have to pay the LTT at the time of registrations of the title documents, which means you need to have the money available on closing.

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If you meet the same criteria you may qualify for the City of Toronto rebate or exemption. As an example purchases with a price over $400,000 on resale homes must pay and then get the money back from the City. In addition the City rebate maximum is $3,725. The other difference is the method of calculation:

net of HST

» $400,000 to $40,000,000, LTT = 1.5% of the purchase price net of HST » Over $40,000,000, LTT = 1% of the purchase price net of HST

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.

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GRACIAS DANK U EFHARISTO DANKE KAMSAHAMNIDA TAN-VAD ARIGATO SP CIAS EFHARISTO DANKE DHAN HAMNIDA TAN-VAD ARI DA DANK U EFHARISTO MER KE DHANYAVAD MOTESHAKKERAM SH SIBA KHAWP KHUN MERCI OBRIGADA G D MOTESHAKKERAM SHUKRAN KAMS P KHUN MERCI FOR OBRIGADA MERCI OBR CHOOSING E DHANYAVAD MOTESHAKKERAM SHUK DANIELS SIBA KHAWP KHUN MERCI MERCI OBR HANYAVAD MOTESHAKKERAM SHUKR KHAWP KHUN MERCI OBRIGADA GRAC OTESHAKKERAM SHUKRAN KAMSAHA DA DANK U EFHARISTO MER KE DHANYAVAD MOTESHAKKERAM SH We look forward to building on SPASIBA KHAWP KHUN MERCI OBRIGAD that trust and offering a terrifi c Happy homeowner jumps for joy at Daniels FirstHome™ Aurora

THANK YOU

As we welcome 2015 The Daniels Corporation would like to take this opportunity to THANK our homeowners for your trust in choosing us to build your new home. It is our passion to create innovative and exciting homeownership opportunities for buyers at all stages of their home buying life cycle: from our Gateway Rental Communities, to communities that are designed to provide affordable homes within the reach of first time buyers, and urban, estate residences that offer unparalleled luxury.

Proud homeowner at One Park Place North Tower, Toronto

selection of new home communities AD MOTESHAKKERAM SHUKRAN KAMSA where our homeowners will truly UN OBRIGADALOVEMERCI WHERE THEYOBRIGADA LIVE! MOTESHAKKERAM SHUKRAN KAMSAHA MERCI OBRIGADA GRACIAS DA Daniels first-time homeowners at FirstHome™ Long Valley, Erin Mills

AKKERAM SHUKRAN KAMSAHAMNIDA THE DANIELS CORPORATION WOULD LIKE TO WISH CI OBRIGADA GRACIAS DANK U EFHAR YOU AND YOURS A HAPPY NEW YEAR. SHUKRAN KAMSAHAMNIDA TAN-VAD DA GRACIAS DANK U EFHARISTO MER KE DHANYAVAD MOTESHAKKERAM SH SIBA KHAWP KHUN MERCI OBRIGADA G D MOTESHAKKERAM SHUKRAN KAMS For more information about Daniels Communities across the Greater Toronto Area, please visit danielshomes.ca

Prices and specifications are subject to change without notice. E.&.O.E. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without prior written permission of The Daniels Corporation, is strictly prohibited. Brokers Protected.

JANUARY33- -17,17,2015 2015| |NEW NEWCONDO CONDOGUIDE GUIDE49 49 JANUARY

FUNDAMENTALLY SPEAKING

Buying your ﬁrst home? FOUR TIPS TO HELP GUIDE YOUR DECISION By Wayne Karl

hen 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, and depend on your situation, from the amount of your down payment to where you work to whether you have kids, among other considerations. 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 place has when you go to sell, the more attractive it will be 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 through the various stages of home ownership. So, while the answers to the above questions are specific to your circumstances, there are also some common guidelines you can follow.

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: condos, townhomes, semi-detached or single-family? So many questions, so many choices. The good news is, home builders today are in sync with customer preferences for location and amenities. Your options for new-home products have never been better.

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 firsttime buyers, to buy more home than they 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 mistake is not being prepared for all the closing costs involved: lawyer fees, land transfer taxes, utilities, insurance, and moving expenses. All of these costs add up, and ultimately should factor into your overall home-buying 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. 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.

50 NEW CONDO GUIDE | JANUARY 3 - 17, 2015

Wayne Karl is an award-winning writer and editor with experience in real estate and business. In Fundamentally Speaking, Wayne explores the basics of buying property. He can be reached at wayne.karl@wall2wallmedia.com or follow him on Twitter at Twitter.com/WayneKarl

JANUARY JANUARY 33 -- 17, 17, 2015 2015 || NEW CONDO GUIDE 51

HOMEBUYERS’ HELP

Buying a home in 2015? Resolutions to make & keep! By Kara Kuryllowicz

Plan on a down payment of at least five per cent. However, your affordability assessment may indicate you need a larger down payment or need to reduce the price range you were considering for your purchase. 3 | Get your mortgage and financing documentation in order. At the very least, lenders and mortgage brokers will require documentation that proves your personal information, your net worth, income, employment, the amount/ source of your down payment, and your ability to pay the closing costs. Closing costs generally range from 1.5 to four per cent of the purchase price and your lender may provide a loan to cover those.

ave you made your New Year’s resolutions? If you’re planning to buy or sell a home in 2015, here are a few key resolutions that will help with a smooth transaction. To preempt the likelihood of unpleasant surprises, astute homebuyers should begin the financial education, preparation and assessment process the moment they start contemplating a purchase. Tips for buyers 1 | Have Equifax, TransUnion or another credit reporting agency pull your credit report. If necessary, you can commit to improving a poor credit rating by paying off creditors and loans before applying for your mortgage.

2 | Crunch the numbers! Can you afford it? Is this the right decision for you? Canada Mortgage and Housing Corp. (CMHC) offers tools at cmhc.ca to help you calculate your net worth, current household budget, monthly debt payments, and how much you can afford to spend on a home purchase. 52 NEW CONDO GUIDE | JANUARY 3 - 17, 2015

4 | Get pre-approved for a mortgage to determine the amount you can afford based on the lender’s review of your finances. This will also provide written confirmation of the interest rate that will hold for around 90 days.

Astute homebuyers should begin the financial education, preparation and assessment process the moment they start contemplating a purchase

Assess comparable homes in your neighbourhood no more than three months prior to putting your home on the market because the conditions can change relatively quickly

5 | Search ads for homes in your desired location and price range with your preferred features. (You’ve already got a copy of New Condo Guide, so consider yourself a step ahead!) Visit presentation centres, and explore new communities in person to get a feel for what living there will be like. 6 | Find a reputable home builder. Ask friends and family for referrals, visit presentation centres, do some research online, and check with your local home builders’ association for a list of builders and reviews. As if buying a new home wasn’t complicated enough, if you already own a home, you’ll need to add a sale to your to-do list. Tips for sellers 1 | Review your mortgage agreement with your financial institution and/or a mortgage professional. If you’re in the first year of a five-year term, the payout penalty might be so high that you decide to wait until at least the mid-point, if not the end of that term, to make your move. 2 | Assess the selling costs, which may include repairs, home appraisals and inspections, legal and realtors’ fees so that you can budget and save for them. 3 | Crunch the numbers and look ahead. Will your home’s proceeds cover your next home purchase? Do you plan to invest part of the proceeds? 4 | Purge and de-clutter six or more months in advance, because when staging your home for the sale, over-stuffed storage areas suggest a lack of space rather than reflecting on the homeowners’ organizational skills and hoarding tendencies. In addition, if you’re moving from a larger house into a smaller condo, you’ll likely need to edit down your movables anyway, so consider this resolution two-for-one. The more you give away, sell and donate to charity, the less you’ll have to pack, ship and unpack. Recycle or re-purpose anything that hasn’t been used in the last 12 months. If necessary, hire an organizational expert to keep you focused and ruthless.

stained switch plates, repairing old caulking and dingy grout in the bathrooms, and applying a fresh coat of paint. If things such as leaky roofs and basements aren’t repaired, buyers will expect a reduction in price. 6 | Assess comparable homes in your neighbourhood no more than three months prior to putting your home on the market because the conditions can change relatively quickly. 7 | Source and interview selling agents at any time, but ask them to evaluate your home no more than six to eight weeks before you plan to put it on the market. Making and sticking to these real estate resolutions can reduce the stress associated with buying and selling a home, and expedite matters once you officially launch the process.

5 | Identify items that are worn, outdated or don’t work, then repair or replace them. Ask friends or family to help you identify what needs to be done, but be aware that they may be uncomfortable with the level of honesty required. In this case, a professional home stager, organizer or even your real estate agent would be better suited to the task. Some common fixes include replacing JANUARY 3 - 17, 2015 | NEW CONDO GUIDE 53

IN THE NEWS

University Suites condos sell out in less than a month University Suites is attracting investors and home owners alike. “The $188,900 starting price made it easy to own for less and rent for more, and a realization of continuing positive cash-flow makes this a safe and secure income-driven investment,” says Milborne. “Investors have been very impressed with the three-year turn-key lease back option available to generate income; while end users are equally impressed with the well-designed amenities, including a two-level atrium fitness area and a rooftop barbecue lounge overlooking Kingston.” Kingston-based Varsity Properties is managing the project. “There is a serious demand for quality housing in this market and we see that demand growing every year,” says A.J. Keilty, president and CEO of Varsity Properties. Teeple Architects of Toronto have created clean and modern landmark buildings to serve as a gateway to downtown Kingston and Queen’s University. The development will be built by Brookfield Multiplex.

he University Suites Condominiums’ North Tower, steps from Queen’s University in downtown Kingston, has sold out in less than a month. “This is an amazing achievement in such a short period of time,” says Hunter Milborne, CEO of Milborne Real Estate of Toronto. Milborne is recognized as the ‘Dean of Condos’ by Canadian Business magazine and his team is responsible for the project’s sales. A two-building development (North and South Towers), University Suites is Kingston’s first near-tocampus luxury condominium community at the corner of Princess Street and University Avenue. Adds Milborne, “Because of the unprecedented demand, the South Tower was released during December 2014.”

54 NEW CONDO GUIDE | JANUARY 3 - 17, 2015

About PRK Developments PRK Developments is a partnership between Podium Developments and Reichmann International, offering more than 50 years of combined experience. Podium Developments is a respected builder that specializes in urban infill. With 10 successful projects completed in Kingston and numerous projects in Toronto, Oshawa and Guelph, Podium Developments has tremendous expertise in bringing new developments to fruition. The company’s partners, Bernard Luttmer and Oskar Johansson, are both former Olympic athletes as well as Queen’s University alumni. Partnering with Podium Developments on University Suites is Reichmann International. With projects including First Canadian Place (Toronto), World Financial Centre (New York), Canary Wharf (London), Torre Mayor and Torre Diana (Mexico City), Waldorf Astoria Hotel and Condos (Jerusalem), they are a highly regarded, wellknown developer within the real estate industry.

For more information, visit UniversitySuites.com.

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JANUARY33- -17,17,2015 2015| |NEW NEWCONDO CONDOGUIDE GUIDE55 55 JANUARY

IN THE NEWS

Kylemore celebrates a year in the spotlight

ylemore Communities, headquartered in Markham, enjoyed a year in the spotlight in 2014. In February, Patrick O’Hanlon, president of Angus Glen Development/Kylemore Communities, was among the distinguished graduates of Ryerson University, honoured for their achievements and community work. O’Hanlon, Urban and Regional Planning ’83, was one of four to receive an Alumni Award of Distinction 2014. The awards were first presented in 1998, when Ryerson celebrated the 50th anniversary of its founding, to recognize Ryerson graduates who have not only excelled in their careers, but have also made a tremendous contribution to their profession and to their community. In August, the Kylemore Kares Annual Charity Golf Tournament supported solely by the company’s loyal trades, consultants and partners, brought the seven-year total funds raised to almost $1 million. Funds are donated to a variety of charities and non-profit organizations throughout the year. Recipients include Unionville Home Society/ Unionvilla, Flato Markham Theatre, ALS Society of Canada, Angus Glen Running Series in support of Markham-Stouffville Hospital, Children’s Wish and United Way of York Region. In early November, the University of Toronto welcomed more than 200 guests to a special donor celebration at the new Goldring Centre for High Performance Sport. O’Hanlon is co-chair of the Goldring Centre Campaign Advisory Board, working

56 NEW CONDO GUIDE | JANUARY 3 - 17, 2015

hand-in-hand with the University of Toronto’s faculty of kinesiology and physical education to raise more than $53 million out of a total campaign goal of $58 million. The Goldring Centre for High Performance Sport is a worldclass sport and exercise facility and a new hub for sport- and exercise-focused research, teaching, sport medicine, training, coaching and competition. Kylemore, along with trades, partners and suppliers, donated $100,000 to the centre which together named the Kylemore Communities Conference Room. Also in November, Kylemore was presented with a Markham Design Excellence Award in the Community Design category for Angus Glen Community. These prestigious competition-based awards, which recognize and promote excellence in urban design, are presented every four years. Started in 1997, Angus Glen is a master-planned community based on the planning principles of new urbanism. Today, this comprises the East and West Villages of more than 1,000 homes surrounding the prestigious courses of Angus Glen Golf Club, the Angus Glen Community Centre and The Shoppes of Angus Glen. Construction is well underway on the first condominium offered in Angus Glen, The 6th – a luxury boutique resort-style residence overlooking the golf course. O’Hanlon, a longtime resident of Markham, is the 2014 recipient of the Anthony Roman Award. Presented by the Markham Board of Trade, this award recognizes an individual who has not only been successful in business, but along with that success, has helped other companies succeed while creating local employment and taking a very active part in contributing to the community. Kylemore Communities/Angus Glen Development is currently a nominee for Deloitte’s 50 Best Managed Companies in Canada.

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studiocondos.ca 647.352.7736 JANUARY 3 - 17, 2015 • | NEW CONDO GUIDE 57

QUICK TIPS

A new year, a fresh start By Hellen Buttigieg

veryone has a list of things they’d like to accomplish, and a new year is the perfect time for a fresh start. Getting organized is a major resolution, and not an easy one to keep. It’s even difficult to figure out where to start on the road to becoming organized. Start by trying out these organizational tactics: Keep your New Year’s resolutions. If you’ve resolved to get organized in 2015 but are already feeling discouraged, detach from the results and focus on the process. We often fail to reach our goals simply because they were unrealistic in the first place. If it took 10 years for your clutter to accumulate, you can’t expect yourself to clear it all in a few days. The key is to do only what you can, but do it consistently. Just 15 minutes a day spent organizing adds up to seven hours a month and 84 hours a year! Tackle quick tasks now. Adopt a “do it now” policy for anything that can be done in less than five minutes. For example, when a form needs to be filled out or a cheque has to be mailed, resist putting it off until the due date – do it now. This ensures that it won’t be forgotten or misplaced and frees up the mental energy that unfinished business consumes. Keep rooms tidy in less than two minutes. Items that don’t belong in a room are the main contributors to visual clutter. Get into the habit of removing “move elsewhere items” when you leave the room, and placing them on their way to where they do belong.

If you’ve resolved to get organized in 2015 but are already feeling discouraged, detach from the results and focus on the process during your high-energy periods and less-demanding tasks during the low ones. Also consider your work style when planning your day. You’ll be amazed at how much more you can accomplish by keeping your style in mind when planning your activities from day to day.

Tidy doesn’t mean perfect. Organizing is not necessarily about how it looks, it’s about how it works. If you are not naturally neat, avoid storing everything behind closed doors. Not only can it make you feel ill at ease, it may also be virtually impossible for you to maintain that kind of system. Choose furniture pieces that provide visible storage instead, like a coffee table with shelves underneath. Keep the system low maintenance. If you never seem to get around to hanging your clothes on hangers, place some open bins in your closet. Purging for “fraidy-cats.” If you keep every paper that enters your home because you’re afraid you might need it someday, here’s a way to ease the fear. Designate a temporary holding tank, a box or bin for papers you don’t need, which you’ll dump once a month. Knowing that these papers won’t be tossed immediately and will be there “just in case” lessens the anxiety of letting them go. Accomplish more in your day by knowing your style. Understand your high/low energy periods and schedule your tasks accordingly – tough tasks 58 NEW CONDO GUIDE | JANUARY 3 - 17, 2015

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

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JANUARY JANUARY 33 -- 17, 17, 2015 2015 || NEW CONDO GUIDE 59

INDUSTRY INSIDER

New home time line: From concept to occupancy By David Hirsh

he start of 2015 brings exciting opportunities to purchase a new home. By the time you step into any sales office, there’s been plenty of research into the hows and whys behind every aspect of a community. Let’s take a look at the new home time line – from concept to occupancy – that helps ensure you can choose a home that reflects who you are and your desired lifestyle. When a builder/developer chooses a parcel of land to build on, their strategies on design, pricing and marketing are based on the immediate neighbourhood and lifestyles of future residents. A builder considers the existing fabric of the area. They’ll determine if they’re building to blend with what’s already there or if they’re looking to transform a neighbourhood. These factors will influence the team comprised to bring the builder’s vision to fruition. This team includes experts from an architect to landscaping consultant, interior designer, structural and mechanical engineers, all the way to marketing and public relations. An effective team will have experience in similar projects and will offer the expertise and knowledge required to create, market and build livable and sustainable communities. A successful community is the result of a thorough understanding of how future residents will use their living spaces – both indoor and outdoor – as well as the infrastructure within the new community. In terms of condominium infrastructure, builders consider common spaces and amenities and the subsequent upkeep costs to residents. With detached houses, aspects can be added to the community to enhance the living experience – from parks, to dog walk areas. In both cases, it’s essential to build indoor living spaces that address the needs of the buyers – whether they are single households, married, with or without children, or include extended family members. Communities usually have a distinctive character that reflects the lifestyle of future residents. A builder needs to understand whether they’re accommodating a luxury buyer, a first-time homeowner, someone looking to upgrade their space or downsize their current residence. This character will be apparent in the community and homes themselves, and will also affect marketing, media materials and experiences at preview and sales events. After all, the end goal is to speak to exactly who will be living in the future community. Every touch point the purchaser comes into contact with should be an accurate reflection of themselves and their lifestyles. During the construction process, residents will often begin to meet more members of the in-house builder team, as they select their finishes and take part in the PDI (the walk-through pre-delivery inspection). A good builder will address any issues you have and ensure that you receive clear and timely communication – especially should any issues arise or delays occur. 60 NEW CONDO GUIDE | JANUARY 3 - 17, 2015

By the time you receive your keys, move into your new place and call it “home,” you should have a positive experience and be more than willing to refer your builder to family members or friends. A trusted referral is the true hallmark of a successful builder.

David Hirsh is president and CEO of Brandy Lane Corp. The company’s newest communities are the highly successful Wyldewood Cove in Collingwood, and coming soon, The Davies, at Avenue Road and Cottingham. Visit BrandyLaneHomes.com.

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JANUARY 33 -- 17, 17, 2015 2015 || NEW CONDO GUIDE 63 JANUARY

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Get Social with us: JANUARY JANUARY33- -17, 17,2015 2015|| NEW NEW CONDO CONDO GUIDE GUIDE 65 65

IN THE NEWS

Concert marks history of Toronto with public art dedication

n Dec. 10, Concert Properties continued its commitment to recognizing and giving back to the communities where it builds with the unveiling of public art in the St. Lawrence neighbourhood. Concert Properties unveiled Shoreline Commemorative – a public artwork by Paul Raff, founding principal of Paul Raff Studio, an internationally recognized leader in sustainable architecture, art and design. The artwork is situated in a formal architectural niche in the street façade of The Berczy, near the southeast corner of Front and Church streets. “When searching for an ideal artist to commemorate and complement the rich history of this neighbourhood, Paul Raff was the perfect fit,” says Kelly Wilson, vice-president of development at Concert Properties. “We’re thrilled to be contributing to the culture of the community by reflecting a piece of Toronto history with Shoreline Commemorative.” Shoreline Commemorative was created to remind Torontonians of the rich history of the land between Front Street and the waterfront. It is situated directly over the topographic line of the historic shoreline of Lake Ontario and is composed of three elements: Topographic Landscape, Horizon Lens and Experiential Text. Early in the design of The Berczy, which is Concert’s first condominium development in Toronto, the design team recognized the importance of the rich contextual and archeological history of this site. The integration of a shoreline commemorative element into the architectural, landscape and public art program became a significant feature of The Berczy.

The Berczy is named after not only Berczy Park across the street, but William Berczy who was an artist and politician who immigrated to Canada in 1792 from Europe settling in York, Upper Canada – now Toronto. Founded in 1989, Concert specializes in developing rental apartments, condominium homes and retirement communities, acquiring and developing commercial, industrial and infrastructure properties and in property management. With operations in British Columbia, Alberta and Ontario and the backing of more than 200,000 Canadians represented by the union and management pension plans who own Concert, their commitment is to build strong, sustainable communities across Canada. For more information visit concertproperties.com. Shoreline Commemorative

From left to right: Lara Tarlo, urban designer at City of Toronto; Jane Perdue, public art coordinator, senior planner, Urban Design, City Planning at City of Toronto; Paul Raff, founding principal of Paul Raff Studio; Julio DiGirolamo, The Berczy condo board member; Kelly Wilson, vice-president of development at Concert Properties. Photos by Sam Santos/George Pimentel Photography

66 NEW CONDO GUIDE | JANUARY 3 - 17, 2015

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DESIGNER ADVICE

The fully furnished BATHROOM By Yanic Simard

ant that peaceful spa atmosphere in your highrise urban home? Modern furnishings and minimalist design are a good starting point for a blissful bathroom. However, when we go too clean with our ensuite treatment, sometimes the space can begin to feel less calming and more clinical. With these tips for introducing inviting furnishings, you can add a little warmth to your washroom space and rediscover true relaxation. Side table

» An easy addition, a simple side table or stool

placed next to a vanity or tub invites you to sit while drawing a bath, chat with family or a friend while getting ready for an evening out, or perch a good book and a glass of wine. » If you’re worried about moisture damage, a ceramic indoor/outdoor stool is a perfect choice to resist the dampness, with endless options for colour or pattern (or classic black for a punch of drama). Plus, in summer when

68 NEW CONDO GUIDE | JANUARY 3 - 17, 2015

I often use wood stools in bath spaces (including in my own recent bath renovation!), as the organic texture adds a sense of warmth sometimes missing in spaces dominated by stone and glass you spend more time on your balcony and less time in a hot bath, this stool can move outdoors as a compact extra seat. » I often use wood stools in bath spaces (including in my own recent bath renovation!), as the organic texture adds a sense of warmth sometimes missing in spaces dominated by stone and glass. Look for a petite form which can tuck away when not in use to save space. Chair » Similar to a stool, a chair placed in the bathroom helps tie the space back to other areas of your home, with the added benefit of providing the perfect place to drape clothing or a towel. » Choosing a transparent plastic, polished aluminum, clean white or an open shape (like a classic bentwood bistro chair) will help keep the look light and airy. As with stools, choosing an outdoor-friendly design will ensure the piece can handle a little ambient moisture, and many outdoor options come in powder-coated metal or tinted acrylic for a hint of colour. » If you have room, a small sofa, club chair or chaise creates a look of true luxury, dramatically blurring the lines between spaces and evoking the atmosphere of an elite spa. Cart » A multi-layered cart is an excellent place to store toiletries and other bathroom essentials in a way that’s both beautiful and convenient. It’s another designapproved idea I put to the test in my own home! A cart can easily move out of the way or pull closer to the vanity, and perches perfectly under a window or in a corner without blocking elbow room like a fullheight cabinet would. » Use simple jars, drinking glasses or open vases to store items like cotton swabs and toothbrushes, and baskets or boxes for items you want hidden, with space left for rolled towels and an occasional fresh bouquet. » To get that unexpected charm, skip the “bathroom carts,” opting instead for a metal bar cart (especially a vintage find) or a well-sealed butcher-block kitchen cart and boldly repurposing it. JANUARY 3 - 17, 2015 | NEW CONDO GUIDE 69

SWEET ENSUITE STOOLS

MARTINI SIDE TABLE: A new classic

Carilo Garden Stool

from West Elm, the Martini Side Table now comes in Bronze and Persimmon to bring a little warmth to a cool space. West Elm BAYONNE PATIO STOOL: The timeless

Chinese garden stool shape in a print inspired by traditional fine china (and a timeless blue and white scheme) brings a punch of pattern that feels perfectly contemporary. Target MARAIS 18” STOOL: In clean black,

white or silvery steel, this popular workhorse of a stool is reliable and easy to move around. DWR.com BRAE STOOL: To enrich a sleek white look, try a stool with a touch of texture, like the bold chevron ridges of this deceptively complex form. Martini Side Table

Chest » If you have room for nothing else, you can always create a furnished look in your bathroom by replacing a minimal or built-in vanity cabinet with a chest of drawers or vintage console. » Since a sink can be installed in virtually any furniture piece with the right height and basic structural shape, think outside the box for items that can work, such as a writing desk or old wine barrel (with an added stone top). Just ask the shop to hold the item while you confer with your plumber! ›› Look to places like Habitat for Humanity ReStore or other second-hand stores for furniture pieces with a story that just eed a little refinishing (which you can then have applied in the form of a bathroom-friendly paint or sealer) rather than extravagant antiques.

70 NEW CONDO GUIDE | JANUARY 3 - 17, 2015

Urban Barn CARILO GARDEN STOOL: Contrast minimalist right angles with an antiqued blue glaze finish to get the best of modern and traditional worlds. Crate and Barrel

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

GTA Edition Jan 3 â€“ 17, 2015

Your complete source for condos, lofts and townhomes in the GTA

IN THIS SECTION Maps and listings for new condo communities in the 416 region Builder news and the latest in condos in the 416 JANUARY 3 - 17, 2015 | NEW CONDO GUIDE 71

CONDO WATCH

416 Builders: If you would like to include your preview registration, new release or site opening in this feature, just email the details to Lydia.McNutt@wall2wallmedia.com

previews & registrations BROCKTON COMMONS by Great Gulf

ISLINGTON TERRACE by Tridel

Thirty-six townhome residences coming to the Queen West neighbourhood. Register today. Web: GreatGulf.com/Brockton

Grand opening, steps to the subway in the vibrant Islington Village community. Web: Tridel.com

ENIGMA ON THE PARK by Aragon Properties

THE BARRINGTON CONDOMINIUM FLATS by Lash/Goldman Group of Companies

Eighty-six park-side loft-style condos and townhomes coming soon. Register today. Web: Aragon.ca

THE KIP DISTRICT by Concert Properties Coming soon to Kipling and Dundas – urban style on the west side. Register now. Web: TheKipDistrict.com

THE COLOURS OF EMERALD CITY by ELAD Be part of the evolution of Emerald City, one of North York’s most successful master-planned communities. Register now. Web: ColoursofEmeraldCity.com

PARK TOWERS AT IQ by The Remington Group

previews & registrations CITYLIGHTS ON BROADWAY by Pemberton Group Register now for Pemberton’s newest condominium community coming to the scintillating Yonge and Eglinton area. Web: CitylightsCondos.ca

THE EGLINTON by Menkes Menkes’ newest condo is truly “Yonge” at heart. Condos coming soon to Yonge and Eglinton. Register now to stay informed. Web: Menkes.com

MINTO WEST SIDE by Minto Design-forward condos coming soon to Front and Bathurst. Register today for the latest information. Web: MintoWestSide.com

TEAHOUSE by Lanterra Developments Where east meets west – Asian-inspired city living is coming to 501 Yonge. Register now. Web: TeaHouseCondos.com

72 NEW CONDO GUIDE | JANUARY 3 - 17, 2015

new releases & grand openings

Phase 2 is coming soon to Islington and Queensway. Register today for the priority preview sale. Web: IQCondos.com

Now open! Condominiums overlooking Forest Hill coming soon to St. Clair and Bathurst. Web: BarringtonCondos.com

EAU DU SOLEIL by Empire Communities New release of fabulous Waterview Suites, including the Terrace Collection. Web: EauDuSoleilCondos.com

50 AT WELLESLEY STATION by Plaza New release in the thriving Yonge-Wellesley neighbourhood, conveniently located right on the subway line. Web: PurePlaza.com

RESIDENCES OF 488 UNIVERSITY AVENUE by Amexon Development Corp.

MINTO YORKVILLE PARK by Minto

Presentation gallery now open, showcasing this new 55-storey glass and steel tower coming soon to University Avenue. Web: 488University.com

Luxury condos coming soon to Bellair and Cumberland. Register now. Web: MintoYorkvillePark.com

DWELL CITY TOWNS by Menkes

THE SELBY by Cityzen Dev./Fernbrook Homes

New release of townhomes located at Burnhamthorpe and The West Mall. Web: Menkes.com

AQUAVISTA AT BAYSIDE by Tridel

THE PJ by Pinnacle International Handsome architecture and a vibrant location where Pearl meets John. Register today. Web: PJCondos.ca

ART SHOPPE LOFTS + CONDOS by Freed Register now to be part of the transformation of Yonge and Eglinton. Web: ArtShoppeCondos.com

BLUE DIAMOND AT IMPERIAL PLAZA by Camrost Felcorp Brilliant living is coming soon to Avenue Road and St. Clair. Register now. Web: BlueDiamondCondos.ca

Now open – a Hines master-planned community of resort-style homes on Toronto’s new blue edge. Web: Tridel.com

BEACON CONDOMINIUM by Sorbara Development Group Presentation centre now open at this new condo coming soon to North York City Centre. Web: BeaconCondos.ca

90 NIAGARA by Fieldgate Homes New release of urban townhomes and balcony suites at 90 Niagara, one of Toronto’s most anticipated new residential addresses. Web: 90Niagara.com

D ITE NLY LIM E O CK TIM $ A B O SH T A UP

0 0 0

, 5 1

COME SEE WHY WATERMARK IS MAKING WAVES ON THE ETOBICOKE WATERFRONT.

4 FULLY FURNISHED MODEL SUITES NOW OPEN Immediate Occupancy • $10,000 Deposit • Free Parking • Free Locker Storage Over $40,000 in Upgrades Included in Price

Starting from the mid $300’s

All prices & specifications are subject to change without notice. E.&O.E. All Illustrations are artist’s concept only. Brokers Protected

Long Branch

3563 Lake Shore Blvd. W., Monday to Thursday 12 pm to 7 pm Saturday, Sunday & Holidays 11 am to 6 pm 416.354.2221 I queenscorp.com

Brown’s Line

Presentation Centre

Kipling Ave.

The Most Outstanding Mid-Rise Building

Thirty Fifth St.

Ontario Home Builders’ Association Award Winner

Lake Shore Blvd. W.

JANUARY 3 - 17, 2015 | NEW CONDO GUIDE 73

TAXING ISSUES

Promises, promises By Henry Choo Chong

you can increase income and where you can cut expenses. » Set long-term goals, but make them achievable objectives that can be measured periodically. For example: a: If you would like to lose 20 lbs. this year, set a weight-loss goal of three pounds per month. b: If you would like to start an RRSP, contribute $X by the end of the year. This will be achieved by setting up an automatic payment plan with your financial institution. Pre-authorize monthly RRSP contributions.

y New Year’s resolution is to get rich; get in shape; help the less privileged; buy low and sell high; quit smoking; travel more; win the lottery! How many times have we heard these words uttered? As you sit at the dining-room table with pen to paper, sipping coffee with the fireplace crackling in the background, pause for a moment before making that New Year’s resolution list and glance at the crumpled, faded list from last year. How many of your resolutions were actually accomplished? If you are like lots of other Canadians, then not many. The new year is the time for us to put 2014 behind us and reboot for another year. It’s a great starting point to forget the old and embrace the new. It’s a time to pause and look at what has been accomplished and what still needs to be done. No one is successful without goals and objectives that can be measured. Although, my accounting and tax background do not give me the expertise to help you lose weight or quit smoking, the approach to financial resolutions may not be much different. The old adage, “Life is what you make of it,” applies to accounting, sports, business and family goals alike. » Set realistic resolutions. “I want to look like I did as a teenager” is unlikely. » Don’t just say, do. Resolutions can’t be accomplished without action and following through. Stop talking about joining a health club, and do it. Regardless of what some so-called experts say, you can’t lose weight by sitting in front of your computer (although the eyes and fingers may get a good workout). » Having a plan and its execution is as important as the resolution itself. Without a plan, there will be no success. “This year, I would like to save for a home.” This is a great resolution, however how will you achieve this? How much will you need? Where will the savings come from? How and where will you obtain financing? Step one is to create a cash-flow budget. Identify how

74 NEW CONDO GUIDE | JANUARY 3 - 17, 2015

Goals cannot be reached, unless you reach for them! The opinions and views expressed herein are those of the author and not those of New Condo Guide. New Condo Guide does not necessarily endorse or encourage any specific tax strategies. Please consult a tax professional for advice specific to your particular situation.

Henry Choo Chong, CGA, sits on many committees and provides accounting and tax services to individuals and businesses in the GTA. He can be reached at 416.485.5225. Questions to Taxing Issues can be emailed to choochonghcga@yahoo.ca

iCONIC

DESIGN

insignia R E S I D E N C E S AT B AY V I E W V I L L A G E

BOUTIQUE CONDOMINIUM LIVING AT BAY VIEW VILL AGE FROM THE MID $300’S

Insignia. Refined elegance meets sophisticated living, across from Bayview Village and steps to the subway, parks, fine dining and more. Welcome home. REGISTER AT INSIGNIACONDOS.CA OR CALL 416.304.1212

EXCLUSIVE LISTING INTERNATIONAL HOME MARKETING GROUP. BROKERS PROTECTED. PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. ILLUSTRATIONS ARE ARTIST CONCEPT. E.&O.E.

JANUARY 3 - 17, 2015 | NEW CONDO GUIDE 75

CONDO PROFILE

BUY INTO A FABULOUS LIFESTYLE Biyu at The Colours of Emerald City has it all

ne of the many reasons for choosing a condominium as your new home is enjoying a lifestyle that includes areas for relaxation, exercising and socializing with family and friends. This will be a beautiful reality at The Colours of Emerald City, the newest condominium phase coming soon to the masterplanned community on Sheppard Avenue at Don Mills Road. The first jewel in this planned triple-crown is Biyu at The Colours of Emerald City, a stunning 13-storey midrise condominium designed by WZMH Architects. Within this stylish condominium, II By IV Design Associates has appointed a brilliant array of private amenities that will enhance the already exciting quality of life the residents of this community enjoy, and which is planned to be shared with the second building in the phase. Active residents of Biyu at The Colours of Emerald City will gravitate to an equipped fitness centre featuring cardio equipment and weights for a thorough workout.

76 NEW CONDO GUIDE | JANUARY 3 - 17, 2015

From there, they can go for a dip in the swimming pool, soak in the whirlpool and “chill out” in the his and her saunas. The pool area opens onto the luxurious outdoor terrace, where there are inviting spaces for barbecuing, alfresco dining and simply lounging after a hectic day. When it comes to entertaining, the terrace is also accessible from the gorgeous party area with its indoor dining room, lounge, screening room and games room. Topping off the lifestyle components in Biyu is a chic hotel-style guest suite. For suite owners, these amenities are only the beginning. Emerald City is in close proximity to the new

Within this stylish condominium, II By IV Design Associates has appointed a brilliant array of private amenities that will enhance the already exciting quality of life the residents of this community enjoy, and which is planned to be shared with the second building in the phase

Parkway Forest Community Centre. This dynamic facility will be home to a grand outdoor pool with a pavilion; a well-equipped gymnasium with a yoga room, aerobics/dance studio and change rooms; a YMCA-run day care; and a rooftop garden and green roof. Biyu, the fourth condominium in Emerald City, is situated in one of the best locations in North York. The community is an exciting residential anchor in the evolving Sheppard corridor, in close proximity to the Don Mills subway station. Itâ€™s easy to hop onto a city bus in any direction, and access to the Don Valley Parkway and Hwys. 404 and 401 is quick. Pedestrianfriendly takes on a whole new meaning, with Fairview Mall within walking distance, offering an array of high-end boutiques, major department stores,

movie theatres, restaurants and a multitude of service venues from hair salons to travel agents. Priced from just the mid$200,000s, Biyuâ€™s smartly appointed open-concept suites are infused with natural light from large windows and a spacious balcony or terrace. Features and finishes include nine-ft. ceiling heights and kitchens with quartz or granite countertops, a ceramic tile backsplash and either fully integrated or stainless steel appliances. Register now for Biyu at The Colours of Emerald City condominium, where the outstanding amenities provide a lifestyle that will be the envy of the GTA. The presentation centre is at the southeast corner of Don Mills and Sheppard. Hours are Monday to Thursday 11 a.m. to 6 p.m.; Saturday and Sunday noon to 5 p.m.

Visit ColoursofEmeraldCity.com or call 416.492.0001. JANUARY 3 - 17, 2015 | NEW CONDO GUIDE 77

IN THE NEWS

CREA upwardly revises resale housing forecast

ith mortgage rates down, the resale housing market has been buzzing and has yet to show clear signs of slowing down, according to the Canadian Real Estate Association (CREA). As a result, CREA has upwardly revised its forecast for annual sales in 2014 and 2015. Almost all of the upward revision to national activity in both years stems from the current strength and momentum of sales across most of British Columbia and much of Ontario, particularly in the Greater Golden Horseshoe region. In Ontario, strong demand has been met with a rise in listings, which in recent years had been in shorter supply. The recent momentum for sales has endured for longer than expected and has shown few signs of diminishing. Ontario and BC together account for more than half of national activity and are responsible for much of the upward revision to projected and forecast national sales. Sales for 2014 were projected to reach 481,300 â€“ an annual increase of 5.1 per cent, marking the strongest annual sales since the 2007 record. It also places activity in 2014 slightly above, but still broadly in line with its 10-year average. Annual activity in Ontario for 2014 is expected to come in 3.6 per cent above 2013 levels. In 2015, Canadian exports, job growth and incomes are expected to improve with mortgage interest rates edging only slightly higher. These opposing factors should benefit sales

78 NEW CONDO GUIDE | JANUARY 3 - 17, 2015

activity in housing markets where demand has been softer and prices have remained more affordable. Sales in relatively less affordable housing markets are expected to be more sensitive to higher mortgage interest rates. National activity is now forecast to reach 485,200 units in 2015, representing a year-over-year increase of 0.8 per cent. While sales nationally are still expected to peak this year and trend lower throughout 2015, they are not expected to return to weakened levels recorded in Q1. Sales activity is forecast to grow fastest in Nova Scotia (+2.6 per cent), followed by New Brunswick (+2.9 per cent). Meanwhile, Quebec (+1.2 per cent), Ontario (1.1 per cent), BC (0.5 per cent), and Alberta (0.1 per cent) are forecast to see little change on an annual basis, reflecting a rising trend in 2014 mirrored by a softening trend in 2015. There are a number of upside and downside risks to the forecast. In BC and Ontario, activity is still expected to be held in check by eroding affordability for single-family homes. However, with sales in BC now only at average levels, they may climb further before rising interest rates begins to materially reduce affordability. Sales in Ontario may also remain stronger than expected should new listings continue to come onto the market at higher levels in places and in market segments where a lack of supply in recent years has led to pent-up demand. The national average price has evolved largely as expected since the spring, resulting in little change to CREAâ€™s previous two forecasts. The national average home price is now projected to rise by six per cent to $405,500 in 2014, with similar percentage price gains in BC, Alberta, and Ontario. Saskatchewan and Manitoba are expected to post increases of close to three per cent. Newfoundland and Labrador and Prince Edward Island are forecast to see average home prices rise by a little over one per cent this year, while Quebec is forecast to see an increase of slightly below one per cent. Prices are forecast to recede by about half a per cent in New Brunswick and Nova Scotia. The national average price is forecast to edge higher by 0.9 per cent in 2015 to $409,300. Ontario is expected to post average price gains of 1.3 per cent in 2015.

JANUARY 3 - 17, 2015 | NEW CONDO GUIDE 79

MAKE YOUR MOVE

Packing up your holiday cheer By Chuck Resnick

oliday preparations like tree trimming, present wrapping and hanging lights can help get us in the holiday spirit and are lots of fun. But thoughtful packing of seasonal decorations and materials at the end of the holidays for the next year can keep the fun in what is, for some, a stressful time. In other words, it pays to plan, even 12 months ahead. Careful packing and organization prevents damage and breakage, and ensures you can find everything next year. Here are some tips to keep in mind while packing away holiday decorations. Delicate items » Wrap breakables in tissue or packing paper, or use bubble wrap. Do not use newspaper – the print may wear off on ornaments. And instead of throwing away used paper or junk mail, run it through a paper shredder – it makes great packing filler. » Boxes with dividers are best to pack ornaments in. They come with adjustable inserts that form individual cells for delicate items. » Keep extra hangers, hooks and ornament parts in a labeled bag or box. Lights » To prevent tangles, wrap lights around empty gift-wrap paper tubes. » Leave the plug accessible by taping the ends of the light strands to the end of the tube. Next year, you can quickly test the lights before unwinding them. » Store coloured lights in a dark place to prevent fading – especially blue, green and purple.

Take special care if you are storing your items in a damp area. Don’t store boxes near sources of heat and moisture. » Label every box. The more detailed the description, the easier it will be to find things next year. » Take a digital photo of special-care items like snow globes or wreaths, print them off on regular paper and tape the photo to the outside of the box as an easy description of what’s inside. »

Wrapping paper » Hanging garment bags provide good storage for wrapping-paper rolls. Use outside pockets for gift tags, cards and tissue paper. » To protect used rolls of paper, cut an empty wrapping paper tube from end to end and slide it over the roll. » Ribbons and bows can be saved and reused. Pack these loosely so they keep their shape. Some other considerations » Wrap holiday candles individually in cellophane and store in a cool place so they don’t melt together. » Pack an “open first” box. Place the decorations you use first in here with essentials such as extension cords. » Use a “wardrobe box” to hang and store seasonal clothing that you only wear twice a year like that special snowman sweater from your mother-in-law or that flashing Christmas tie. This way you can find it, wear it, and store it away on a hanger easily. 80 NEW CONDO GUIDE | JANUARY 3 - 17, 2015

Chuck Resnick is vice-president of marketing and operations, Two Men and a Truck Canada. twomenandatruck.ca

*Prices and availability subject to change or be withdrawn without notice and do not include taxes. E&O.E.

THIS ISN’T AN EVOLUTION. IT’S A REVOLUTION IN URBAN DESIGN AND MOBILITY.

15 HOMES SOLD SINCE SEPT 27th

ENIGMA ON THE PARK

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Enigma represents more than a subtle shift in urban planning and architectural design practices. It’s a revolution that begins with these 86 parkside loft style condos and townhomes located in the heart of the connected Bloordale neighbourhood. With direct access to the Go Train, expressway and metro lines, the opportunity to be a part of the best in urban design won’t last long—homes range from studio suites at $263,900 to penthouses starting at $369,900. Register today at aragon.ca/enigmalofts. Call or visit: 138 St. Helen’s Ave, 416.516.1551.

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JANUARY 3 - 17, 2015 | NEW CONDO GUIDE 81

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

Builder GREAT GREAT GuLF GuLF CRESFORD CRESFORD DEvELOPMENT DEvELOPMENT CORP. CORP. THE THE DANIELS DANIELS CORPORATION CORPORATION MENKES MENKES DEvELOPMENTS DEvELOPMENTS INC. INC. MENKES MENKES DEvELOPMENTS DEvELOPMENTS INC. INC. STREETCAR STREETCAR DEvELOPMENT DEvELOPMENT MONARCH MONARCH CORPORATION CORPORATION MENKES MENKES DEvELOPMENTS DEvELOPMENTS INC. INC. MONARCH MONARCH CORPORATION CORPORATION TRIBuTE TRIBuTE COMMuNITIES COMMuNITIES BAzIS BAzIS INC. INC. THE THE DANIELS DANIELS CORPORATION CORPORATION MENKES MENKES DEvELOPMENTS DEvELOPMENTS INC. INC. MENKES MENKES DEvELOPMENTS DEvELOPMENTS INC. INC. PINNACLE PINNACLE INTERNATIONAL INTERNATIONAL MADISON MADISON HOMES HOMES LANTERRA LANTERRA DEvELOPMENTS DEvELOPMENTS CRESFORD CRESFORD DEvELOPMENT DEvELOPMENT CORP. CORP. TRIDEL TRIDEL CORPORATION CORPORATION CRESFORD CRESFORD DEvELOPMENT DEvELOPMENT CORP. CORP. CRESFORD CRESFORD DEvELOPMENT DEvELOPMENT CORP. CORP. GREAT GREAT GuLF GuLF MINTO MINTO COMMuNITIES COMMuNITIES INC. INC. ARAGON ARAGON PROPERTIES PROPERTIES PEMBERTON PEMBERTON GROuP GROuP GREAT GREAT GuLF GuLF PINNACLE PINNACLE INTERNATIONAL INTERNATIONAL EDEN EDEN SHAW SHAW 45 45 CHARLES CHARLES LTD. LTD. CAMROST CAMROST -- FELCORP FELCORP CAMROST CAMROST -- FELCORP FELCORP ASPEN ASPEN RIDGE RIDGE HOMES HOMES LIFETIME LIFETIME DEvELOPMENTS DEvELOPMENTS CRESFORD CRESFORD DEvELOPMENT DEvELOPMENT CORP. CORP. BAzIS BAzIS INC. INC. RIO RIO CAN CAN METROPIA METROPIA LAMB LAMB DEvELOPMENT DEvELOPMENT CORP. CORP. GOLDMAN GOLDMAN GROuP GROuP && LASH LASH DEv. DEv. CORP. CORP. GOLDMAN GOLDMAN GROuP GROuP && LASH LASH DEv. DEv. CORP. CORP. CONCORD CONCORD ADEx ADEx CONCORD CONCORD ADEx ADEx CONCORD CONCORD ADEx ADEx CONCORD CONCORD ADEx ADEx CONCORD CONCORD ADEx ADEx GAIRLOCH GAIRLOCH INvESTMENTS INvESTMENTS CENTRESTONE CENTRESTONE uRBAN uRBAN DEvELOPMENTS DEvELOPMENTS INC. INC. ONNI ONNI GROuP GROuP OF OF COMPANIES COMPANIES ONNI ONNI GROuP GROuP OF OF COMPANIES COMPANIES CONCORD CONCORD ADEx ADEx CRESFORD CRESFORD DEvELOPMENT DEvELOPMENT CORP. CORP. CRESFORD CRESFORD DEvELOPMENT DEvELOPMENT CORP. CORP. THE THE DANIELS DANIELS CORPORATION CORPORATION CRESFORD CRESFORD DEvELOPMENT DEvELOPMENT CORP. CORP. ASPEN RIDGE HOMES ASPEN RIDGE HOMES CITYzEN CITYzEN EMPIRE EMPIRE COMMuNITIES COMMuNITIES TRIDEL TRIDEL CORPORATION CORPORATION NORTH NORTH DRIvE DRIvE INvESTMENT INvESTMENT STREETCAR STREETCAR DEvELOPMENT DEvELOPMENT CANALFA CANALFA GROuP GROuP TRIDEL TRIDEL CORPORATION CORPORATION FREED FREED ROCKPORT ROCKPORT GROuP GROuP uRBAN uRBAN CAPITAL CAPITAL uRBAN uRBAN CAPITAL CAPITAL uRBAN uRBAN CAPITAL CAPITAL KINGSTONE KINGSTONE ROAD ROAD DEvELOPMENT DEvELOPMENT EASTON’S EASTON’S GROuP GROuP REMINGTON REMINGTON GROuP GROuP

*TH: Townhomes, C: Condo

Site Telephone Yonge+Richmond 416-499-8883 Yonge+Richmond 416-499-8883 Merton 416-484-1900 Merton Yonge Yonge Condominiums Condominiums 416-484-1900 High 416-351-1844 High Park Park Condominiums Condominiums 416-351-1844 Pears 416-323-0100 Pears on on the the Avenue Avenue 416-323-0100 365 416-591-7700 365 Church Church 416-591-7700 The Southwood 416-750-7506 The Southwood 416-750-7506 Riva 416-495-3544 Riva del del Lago Lago 416-495-3544 Fabrik 416-591-7700 Fabrik 416-591-7700 Picasso on Richmond 416-495-3549 Picasso on Richmond 416-495-3549 The 416-363-4800 The College College 416-363-4800 No1 416-519-2911 No1 Yorkville Yorkville 416-519-2911 One 416-955-0559 One Park Park Place Place South South Tower Tower 416-955-0559 87 menkes.com 87 Peter Peter menkes.com The menkes.com The Eglinton Eglinton Yonge Yonge at at Heart Heart menkes.com Palatial 416-925-3325 Palatial Collection Collection 416-925-3325 Zigg 416-545-0223 Zigg St.Clair St.Clair West West 416-545-0223 Teahouse 416-861-1111 Teahouse 416-861-1111 VOX cresford.com VOX cresford.com Aquavista 416-514-2710 Aquavista at at Bayside Bayside Toronto Toronto 416-514-2710 CASA 2 416-486-2272 CASA 2 416-486-2272 CASA 416-486-2272 CASA III III 416-486-2272 Monde 416-466-8885 Monde 416-466-8885 West mintowestside.com West Side Side mintowestside.com Enigma 416-516-1551 Enigma on on the the Park Park 416-516-1551 Citylights 905-326-4100 Citylights on on Broadway Broadway 905-326-4100 One 416-922-0081 One Bloor Bloor Residences Residences 416-922-0081 The 416-596-1600 The Pinnacle Pinnacle on on Adelaide Adelaide 416-596-1600 Chaz 416-922-0045 Chaz Yorkville Yorkville Condos Condos 416-922-0045 Chaz 416-922-0045 Chaz Yorkville Yorkville Condos Condos 416-922-0045 Blue Diamond at Imperial Plaza bluediamondcondos.ca Blue Diamond at Imperial Plaza bluediamondcondos.ca Yorkville 416-966-3003 Yorkville Plaza Plaza IIII 416-966-3003 Studio 647-352-7736 Studio on on Richmond Richmond 647-352-7736 The 416-546-7525 The Bond Bond Condominiums Condominiums 416-546-7525 1000 416-485-3000 1000 Bay Bay 416-485-3000 EE Condos 416-243-8688 Condos 416-243-8688 EE Condos 416-243-8688 Condos 416-243-8688 EE Condos 416-243-8688 Condos 416-243-8688 The 416-363-1771 The Harlowe Harlowe 416-363-1771 530 St. Clair Ave. West 416-868-0500 530 St. Clair Ave. West 416-868-0500 the rushtonliving.com the rushton rushton rushtonliving.com FWD 416-813-0999 FWD at at Concord Concord CityPlace CityPlace 416-813-0999 Quartz 416-813-2999 Quartz at at Concord Concord CityPlace CityPlace 416-813-2999 Spectra 416-813-0999 Spectra at at Concord Concord CityPlace CityPlace 416-813-0999 Grand 416-813-0999 Grand Parade Parade 22 at at Concord Concord CityPlace CityPlace 416-813-0999 Parade Parade TWO TWO Park Park Collection Collection at at Concord Concord CityPlace CityPlace 416-813-0999 416-813-0999 383 383sorauren.com 383 Sorauren Sorauren 383sorauren.com 383 416-588-0383 383 Sorauren Sorauren 416-588-0383 Garrison 416-260-2600 Garrison at at the the Yards Yards 416-260-2600 West 416-260-2600 West Lake Lake 416-260-2600 Newton 416-813-0999 Newton at at Concord Concord CityPlace CityPlace 416-813-0999 NxT2/Phase 416-977-5300 NxT2/Phase Two Two 416-977-5300 NxT at Windermere By the Lake 416-977-5300 NxT at Windermere By the Lake 416-977-5300 The 416-351-1844 The Parkside Parkside Collection Collection 416-351-1844 NxT 416-977-5300 NxT 22 416-977-5300 vu 416-970-9500 vu 416-970-9500 Riverside 416-746-1234 Riverside in in Pine Pine Grove Grove 416-746-1234 The 416-784-3482 The HuB HuB 416-784-3482 Sherwood 416-485-1900 Sherwood at at Huntington Huntington 416-485-1900 The 416-670-3699 The High High Park Park 416-670-3699 Trinity 416-690-2988 Trinity Lofts Lofts 416-690-2988 Liberty 416-537-0047 Liberty Place Place 416-537-0047 101 416-480-0700 101 Erskine Erskine 416-480-0700 155 416-996-5428 155 REDPATH REDPATH 416-996-5428 The 416-223-0003 The Nest Nest 416-223-0003 River 416-862-0505 River City City 416-862-0505 River 416-862-0505 River City City 22 416-862-0505 RC3 416-862-0505 RC3 416-862-0505 The Glen 416-694-3333 The Glen 416-694-3333 King 416-599-1355 King Blue Blue Condominiums Condominiums 416-599-1355 King 416-599-1355 King Blue Blue Condominiums Condominiums 416-599-1355

Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.

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Price Range from from $330,000 $330,000 from from $450,000 $450,000 from from $300,000 $300,000 from from $420,000 $420,000 from from $246,000 $246,000 from from $300,000 $300,000 from from $300,000 $300,000 from from $292,000 $292,000 from from $400,000 $400,000 from from $336,000 $336,000 from from $475,000 $475,000 from $250,000 from $250,000 from from $282,000 $282,000 from from $250,000 $250,000 from from $800,000 $800,000 from from $320,000 $320,000 from from $250,000 $250,000 from from $1000,000 $1000,000 from from $320,000 $320,000 from from $390,000 $390,000 from from $360,000 $360,000 from from $190,000 $190,000 from from $264,000 $264,000 from from $620,000 $620,000 from from $350,000 $350,000 from from $300,000 $300,000 from from $300,000 $300,000 from $300,000 from $300,000 from from $300,000 $300,000 from from $390,000 $390,000 from from $360,000 $360,000 from from $360,000 $360,000 from from $360,000 $360,000 from from $273,000 $273,000 from from $344,000 $344,000 from from $344,000 $344,000

from from $308,000 $308,000 from from $265,000 $265,000 from from $265,000 $265,000 from from $190,000 $190,000 from $240,000 from $240,000 from from $210,000 $210,000 from from $350,000 $350,000 from from $700,000 $700,000 from from $300,000 $300,000 from from $370,000 $370,000 from from $250,000 $250,000 from $1000,000 from $1000,000 from from $300,000 $300,000 from from $330,000 $330,000 from from $170,000 $170,000 from from $286,000 $286,000 from from $210,000 $210,000 from from $250,000 $250,000 from from $250,000 $250,000 from from $500,000 $500,000 from from $220,000 $220,000 from $255,000 from $255,000 from from $250,000 $250,000 from from $200,000 $200,000

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Finder 16K 16K 14E 14E 8L 8L 14I 14I 14I 14I 23D 23D 24C 24C 14M 14M 14M 14M M14 M14 15I 15I 18K 18K 15M 15M 15D 15D 16M 16M 14J 14J 16K 16K 15J 15J 18N 18N 15L 15L 15L 15L 17M 17M 13M 13M 9L 9L 14D 14D 15I 15I 15M 15M 16J 16J 16J 16J 15I 15I 15I 15I 15M 15M 15G 15G 15J 15J 14D 14D 14D 14D 14D 14D 15M 15M 12H 12H 12H 12H 13F 13F 15M 15M 15N 15N 15M 15M 15M 15M 9M 9M 9L 9L 14N 14N 14N 14N 12F 12F 5F 5F 5F 5F 8L 8L 8N 8N 16L 16L 3F 3F 9F 9F 18G 18G 8L 8L 19L 19L 12N 12N 14D 14D 14D 14D 11H 11H 18L 18L 18L 18L 18L 18L 23H 23H 12N 12N 12N 12N

Attention Attention Builders Builders -- Want Want to to add add your your community community to to our our maps? maps? Need Need to to update update existing existing information? information? Please Please fax fax the the details details to to (416) (416) 789-9554 789-9554

Builder

Site

EASTON’S GROuP REMINGTON GROuP TRIDEL CORPORATION GREENPARK HOMES TRIDEL CORPORATION BAzIS INC. EMPIRE COMMuNITIES EMPIRE COMMuNITIES PINNACLE INTERNATIONAL PINNACLE INTERNATIONAL TOWER HILL DEvELOPMENT CORPORATION WORSLEY uRBAN PARTNERS MADISON HOMES LAMB DEvELOPMENT CORP. CENTRE COuRT DEvELOPMENT NEuDORFER CORPORATION CRESFORD DEvELOPMENT CORP. EASTON’S GROuP FERNBROOK HOMES/CITYzEN DEv. LASH GROuP OF COMPANIES TRIuMPH DEvELOPMENTS K-CAP LAIRD INC. TRIDEL CORPORATION CONSERvATORY GROuP PINNACLE INTERNATIONAL MINTO COMMuNITIES INC. TRIDEL CORPORATION LANTERRA DEvELOPMENTS TIMES DEvELOPMENTS INC. MINTOuRBAN COMMuNITIES INC. MINTOuRBAN COMMuNITIES INC. STREETCAR DEvELOPMENT LANTERRA DEvELOPMENTS LINDvEST CANALFA GROuP PEMBERTON GROuP FERNBROOK HOMES/CITYzEN DEv. LAMB DEvELOPMENT CORP. E-PARK DEvELOPMENT EMSATEC CANADA INC NEuDORFER CORPORATION MADISON HOMES STATE BuILDING GROuP TOWER HILL DEvELOPMENT CORPORATION HARHAY DEvELOPMENTS EMPIRE COMMuNITIES FREED LAMB DEvELOPMENT CORP. TRIDEL CORPORATION TRIDEL CORPORATION HARHAY DEvELOPMENTS CARTTERA CARTTERA FERNBROOK HOMES/CITYzEN DEv. DHD DEvELOPMENTS LAMB DEvELOPMENT CORP. PLAzA MENKES DEvELOPMENTS INC. LIFETIME DEvELOPMENTS ASPEN RIDGE HOMES CONTExT DEvELOPMENT INC. CONTExT DEvELOPMENT INC. THE BROWNSTONE GROuP OF COMPANIES THE BROWNSTONE GROuP OF COMPANIES GREAT GuLF PLAzA BAzIS INC. METROPIA PLAzA PEMBERTON GROuP PEMBERTON GROuP THE DANIELS CORPORATION THE DANIELS CORPORATION THE DANIELS CORPORATION GREAT GuLF LIFETIME DEvELOPMENTS LIFETIME DEvELOPMENTS CONCERT PROPERTIES TRIANGLE WEST DEvELOPMENT LANTERRA DEvELOPMENTS TRIDEL CORPORATION TRIDEL CORPORATION TRIBuTE COMMuNITIES TRIBuTE COMMuNITIES GRAYWOOD DEvELOPMENTS MOD DEvELOPMENTS INC. CANDEREL/STONERIDGE ALTERRA HOMES/FINER SPACE BSAR LTD ANDRIN HOMES GRAYWOOD/BEAvERHALL DEvELOPMENT CAMROST - FELCORP CAMROST - FELCORP CITYzEN FERNBROOK HOMES FERNBROOK HOMES uRBAN CAPITAL MALIBu INvESTMENTS INC. ALIT DEvELOPMENTS TRE MEMOvIA DEvELOPMENTS LIFETIME DEvELOPMENTS CASTLEPOINT/CITYzEN/FERNBROOK PIANOSI DEvELOPMENTS SORBARA GROuP STREETCAR DEvELOPMENT MIzRAHI | KHALILI DEvELOPMENTS SORBARA GROuP GRAYWOOD DEvELOPMENTS MOD DEvELOPMENTS INC. RESERvE PROPERTIES RESERvE PROPERTIES PEMBERTON GROuP STREETCAR DEvELOPMENT GREENPARK HOMES THE DANIELS CORPORATION TRI-WIN DEvELOPMENTS INC MINTOuRBAN COMMuNITIES INC. LIFETIME DEvELOPMENTS CENTRE COuRT DEvELOPMENT STREETCAR DEvELOPMENT MENKES DEvELOPMENTS INC. FIELDGATE HOMES FREED CARTTERA SOLOTEx MOD DEvELOPMENTS INC. RESERvE PROPERTIES CASTLEPOINT/NuMA DuNDEE KILMER DEvELOPMENTS DuNDEE KILMER DEvELOPMENTS TORBEL GROuP PEMBERTON GROuP BAYWOOD HOMES MALIBu INvESTMENTS INC. uRBAN CAPITAL TAS DESIGNBuILD LAMB DEvELOPMENT CORP. LAMB DEvELOPMENT CORP. CONCORD ADEx

*TH: Townhomes, C: Condo

Telephone

Westinghouse Lofts 416-599-1355 Westinghouse Lofts 416-599-1355 Ten York 416-596-9888 Axiom Condominiums 647-352-4077 Spadina Queen 416-661-1949 One Yorkville 416-519-2911 Water Tower at Eau Du Soleil 416-503-3328 Eau Du Soleil Waterfront Condominiums 416-503-3328 Success Tower at Pinnacle Centre 416-360-0673 33 Bay Residences at Pinnacle Centre 416-925-3325 Churchill Park Condominiums 416-966-9080 Totem Condominium 416-792-1877 The Madison 416-482-8090 Riverside Towns 416-368-5262 Core Condos 416-598-2673 Fuse Condos 416-534-4444 Lofts 399 416-867-3999 Dundas Square Gardens 416-645-8575 Garrison Point garrisonpoint.ca The Barrington Condominiums Flats 416-410-4444 Howard Park 2 416-873-0989 The upper House Condos in Leaside 416-425-1800 Alter 416-645-4599 Milan 416-928-7409 The PJ pinnacleinternational.ca Yorkville Park mintoyorkvillepark.com Aqualina at Bayside 416-514-2710 11 Wellesley 416-861-1111 The 500 Condos + Lofts 416-960-0606 King West 416-367-5464 775 King West 416-367-5464 Riverside Square 416-466-4466 3018 Yonge In Lawrence Park 416-787-8882 B Streets 416-532-6636 Liberty Central by the Lake 416-537-0047 The uptown Residences 416-987-3500 The Selby theselbycondos.com The Brant Park 416-368-5262 Foundry Lofts 416-531-7760 The Brownstones 5 416-531-7760 Brownstones 416-531-7760 The upper Canada Condominium 416-489-5194 The upper Canada Condominiums 416-489-5194 2221 Yonge 647-350-2221 East Condos & Lofts 416-368-5262 Schoolhouse 416-979-1333 Art Shopee Condos freeddevelopments.com Flatiron Lofts 416-368-5262 300 Front Street West 416-217-0300 Atmosphere 416-217-0300 One Eleven Condominiums & Lofts 647-347-4111 One Eleven Condominiums & Lofts 647-347-4111 One Eleven Condominiums & Lofts 647-347-4111 Pier 27 Waterlink 416-367-3456 Gooderham Condos at The Distillery 416-361-1322 The King East 416-368-5262 King West 647-341-1731 Four Seasons Private Residences Toronto 416-775-7500 Four Seasons Private Residences Toronto 416-775-7500 Seventy Seven Charles Yorkville 416-203-7034 Market Wharf 416-861-8181 Library District Condominiums 416-861-8181 Brownstones in Davenport village 416-531-7760 Brownstones on the Park 416-531-7760 Charlie 416-927-9772 Ivory On Adelaide 647-341-1731 Exhibit 416-967-7778 Exhibit 416-967-7778 Exhibit 416-967-7778 u Condominiums 416-546-6605 The urban Townhome Collection 416-546-6605 One Park West 416-955-0559 One Park Place Condominiums 416-955-0559 Festival Tower 416-203-2020 x2 416-927-0080 x2 416-927-0080 Bisha Hotel & Residences 416-637-2211 88 Scott 416-216-8588 Art Condos 416-535-7775 Riverhouse at the Old Mill 416-766-7343 Two Old Mill 416-645-7022 Old Mill 416-645-7022 RCM I on university 647-351-9247 Queen & Portland 416-363-4800 5 St. Joseph 416-928-0555 5 St. Joseph 416-928-0555 DNA 3 416-929-1030 Post House Condominium 416-964-2777 12 Degrees 416-408-1200 The Berwick 416-922-9425 The Mercer 416-597-6940 Imperial Plaza 416-925-2501 Yorkville Plaza 416-966-3003 Backstage on the Esplanade 416-777-2533 Backstage on the Esplanade 416-777-2533 vero 416-798-7070 Tableau Condominiums 416-591-8887 Tableau Condominiums 416-591-8887 Tableau Condominiums 416-591-8887 Carmelina 416-423-8500 The Yorkville Condominiums 416-987-3344 L Tower 416-777-2533 Perspective Condos 416-242-3500 thirtytwo Camden 416-860-0060 8 Gladstone 416-690-9009 133 Hazelton Residence 416-926-9900 210 Simcoe 416-217-0210 Five Condos 416-928-0555 Five Condos 416-928-0555 Rise 416-546-7399 Model Suite of the Month Neon 416-987-7878 The Carlaw 416-690-8588 Allure Condominiums 416-487-7600 Cinema Tower Condominiums 416-203-2020 FAD Condos 416-815-1818 30 Roe 416-915-3812 INDx 416-987-4639 INDx 416-987-4639 The Carnaby 416-690-9009 Noir 416-977-8780 90 Niagara 416-981-0036 SIxTY Colborne 416-601-0060 SIxTY Colborne 416-598-7775 upper Beach Townes 416-693-7500 The Massey Tower 416-966-0197 109Oz 416-531-4844 The Sterling 416-777-2533 Canary District Condominiums 416-603-7576 Canary Park Condominiums 416-603-7576 Wallace Walk 416-531-1818 TEN93 Queen West 416-546-6355 TEN93 Queen West 905-326-4100 Smart House 416-292-0219 Smart House 416-292-0219 Duke Condos junctionlife.ca King Charlotte 416-368-5262 Theatre Park 416-368-5262 FWD at Concord CityPlace 416-813-0999

Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.

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Price Range from $200,000 from $200,000 from $1020,000 from $225,000 from $350,000 from $475,000 from $350,000 from $350,000 from $750,000 from $375,000 from $900,000 from $320,000 from $420,000 from $460,000 from $220,000 from $220,000 from $590,000 from $200,000 from $250,000 from $350,000 from $350,000 from $250,000 from $520,000 from $300,000 from $420,000 from $350,000 from $250,000 from $400,000 from $210,000 from $330,000 from $200,000 from $390,000 from $635,000 from $950,000 from $262,000 from $399,000 from $350,000 from $305,000 from $1800,000 from $1.8,000 from $320,000 from $310,000 from $595,000 from $200,000 from $243,000 from $324,000 from $1200,000 from $250,000 from $250,000 from $250,000 from $800,000 from $390,000 from $435,000 from $346,000 from $1900,000 from $1900,000 from $2100,000 from $260,000 from $222,000 from $245,000 from $260,000 from $960,000 from $279,000 from $750,000 from $1899,000 from $406,000 from $200,000 from $350,000 from $500,000 from $303,000 from $274,000 from $530,000 from $500,000 from $356,000 from $450,000 from $393,000 from $315,000 from $250,000 from $250,000 from $220,000 from $350,000 from $350,000 from $280,000 from $350,000 from $986,000 from $250,000 from $450,000 from $350,000 from $350,000 from $325,000 from $550,000 from $410,000 from $296,000 from $240,000 from $335,000 from from from from

$420,000 $375,000 $375,000 $290,000

from $470,000 from $200,000 from $350,000 from $450,000 from $250,000 from $350,000 from $250,000 from $250,000 from $347,000 from $300,000 from $300,000 from $390,000 from $320,000 from $300,000 from $230,000 from $250,000 from $250,000 from $210,000 from $280,000 from $280,000 from $438,000 from $438,000 from $416,000 from $537,000

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Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554

torontoregionalmaps: Toronto, East York, York

# 21 21 22 24 25 26 28 28 29 29 30 31 32 33 34 36 37 38 40 41 42 43 44 46 47 48 51 53 54 55 55 56 57 59 60 62 63 64 66 66 66 70 70 71 72 78 79 81 83 84 85 85 85 88 94 101 102 103 103 104 106 106 109 109 110 114 117 117 117 118 118 120 120 122 126 126 128 129 130 131 131 131 133 134 135 135 136 137 141 142 148 149 149 151 151 151 153 153 153 154 155 157 162 165 170 173 175 179 179 184 184 185 186 188 189 191 192 195 195 197 198 199 200 200 201 206 207 210 215 215 217 217 217 218 218 219 220 221 223

101

Steeles Ave

North York C

400

121

124

40 8 2 50 10 4

128

7 11

401

1 96

123

401 3

25 122

130

125

132

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

torontoregionalmaps: North York

6 11 40 121 1 2 3 3 4 4 5 6 6 6 6 7 8 9 10 10 10 14 21 25 25 28 33 37 49 50 50 95 96 96 96 96 99 101 122 122 122 123 124 125 128 128 130 132

Builder

CONCORD ADEx CASTLE GROuP MENKES DEvELOPMENTS INC. LIBERTY DEvELOPMENT CORP. CONCORD ADEx TORBEL GROuP YYzED PROJECT MANAGEMENT TIFFANY PARK HOMES TRIDEL CORPORATION TRIDEL CORPORATION LINDvEST CONCORD ADEx CONCORD ADEx CONCORD ADEx CONCORD ADEx FRAM BuILDING GROuP CONSERvATORY GROuP SORBARA GROuP BAzIS INC. METROPIA PLAzA TORBEL GROuP TRIDEL CORPORATION CONTExT DEvELOPMENT INC. METROPIA TRIDEL CORPORATION CASTLE ROYALE DEvELOPMENT NORSTAR GROuP OF COMPANIES GREENLAND GROuP MINTOuRBAN COMMuNITIES INC. DEvRON DEvELOPMENTS ASPEN RIDGE HOMES ELAD CANADA ELAD CANADA ELAD CANADA ELAD CANADA THE BROWN GROuP OF COMPANIES KANTIuM DEvELOPMENT LANTERRA DEvELOPMENTS LANTERRA DEvELOPMENTS LANTERRA DEvELOPMENTS BRANDY LANE HOMES TRIDEL CORPORATION FRAM BuILDING GROuP THE DANIELS CORPORATION THE DANIELS CORPORATION TRIBuTE COMMuNITIES FRAM BuILDING GROuP/CADILLAC FAIRvIEW

*TH: Townhomes,

Site

Telephone

Omega on the park 416-813-2999 Insignia Residences at Bayview Village 416-304-1212 Gibson Square 416-730-9722 World on Yonge 905-771-7010 Opus 416-813-2999 The Avanti Condominiums 416-636-0400 vISTO vistocondos.ca Westhaven 416-792-6655 Hullmark Centre 416-733-2883 Aristo at Avonshire 416-730-0300 The Brownstones at Westown lindvest.com Tango at Concord Park Place 416-813-2999 Discovery at Concord Park Place 416-813-2999 Discovery II at Concord Park Place 416-813-2999 Tango2 at Concord Park Place 416-813-2999 SOuL mysoulcondos.ca Pearl 2 Condominiums 416-512-1818 Beacon beaconcondos.ca Emerald Park 416-221-8802 Emerald Park 416-221-8802 Emerald Park 416-221-8802 Diva Condo DivaCondo.com Argento 416-663-1818 The Yorkdale Condominiums 416-781-9990 The Yorkdale Condominiums 416-781-9990 Alto at Atria 416-645-8866 The Palm Condominium Residences 416-306-1000 Portrait Condominiums 416-282-9600 King Blue 416-599-1355 88 416-915-3805 Flo Condominiums 647-799-0356 Scenic on Eglinton 416-805-1781 Emerald City Condominiums 416-492-0001 Dreamtower At Emerald City 416-492-0001 Biyu Emerald City biyucondos.com The Colours of Emerald City coloursofemeraldcity.com Willow Park at Bayview 416-221-6767 Posh Condominiums 905-771-0134 Treviso Condominiums 416-787-8882 Treviso II 416-787-8882 Treviso III 416-787-8882 The Station 416-398-9777 Trio at Atria 416-645-8866 LIv Lofts 416-445-5638 NY Place 416-221-3939 NY2 416-221-3939 Canterbury 647-352-2130 Flaire Condos 416-445-8868

Highlighted listings are advertised in this issue of Condo Guide.

C: Condo refer to page number for complete information. 84 84 NEW CONDO GUIDE | JANUARY 3 Please - 17, 2015

TH* C* •

•

• • • •

• • • • • •

• • • • • • • • • • • • • • •

• • • • • • • • • • • • • • • • •

•

Price Range from $350,000 from $836,000 from $284,000 from $390,000 from $220,000 from $633,000 from $524,000 from $383,000 from $330,000 from $236,000 from $210,000 from $265,000 from $250,000 from $270,000 from $188,000 from $188,000 from $188,000 from $225,000 from $562,000 from $170,000 from $170,000 from $288,000 from $400,000 from $300,000 from $250,000 from $325,000 from $250,000 from $256,000 from $248,000 from $250,000 from $250,000 from $400,000 from $544,000 from $250,000 from $250,000 from $250,000 from $420,000 from $255,000 from $250,000 from $250,000 from $250,000 from $700,000 from $320,000

Page

38-39 75 Insert 35

Finder 22C 20C 17C 18A 22C 17C 8E 23G 18D 18D 4C 22C 22C 22C 22C 25C 17C 17C 17C 17C 17C 11C 22E 12E 12E 25D 17B 13C 13N 18C 18C 23G 24C 24C 24C 24C 21 16A 12F 12F 12F 12D 24C 22F 19C 19C 19F 22F

Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554

bio

Islington Ave

Kipling Ave

Dixon Rd

12 Etobicoke

Ranforth Dr

409

Rathburn Rd

ve nA

ll R Mi

34 Bloor St W

Dundas St W

35 Queensway

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

Site Telephone Islington Terrace 416-645-8862 The KIP District thekipdistrict.com Lago 416-495-3544 Dwell City Towns menkes.com Watermark 416-354-2221 Terrace on Danforth 416-987-7575 Waterscapes 416-495-3544 Imagine Condos 416-367-7303 On The Go Mimico 647-692-8417 On The Go 647-692-8417 The Academy academycondos.com The Academy academycondos.com Nautilus at Waterview 416-203-6636 The Epicurean 416-495-3530 Altitude 416-321-1659 One Sherway Condominiums 416-695-3535 One Sherway Condominiums 416-695-3535 Hunt Club Terrace 416-698-3020 Cloud 9 Condominiums 416-747-0199 Cloud 9 Condominiums 416-800-0812 ilofts at Mystic Pointe 416-251-8888 California Condos 416-251-8888 Richview 416-746-1234 Jasmine Condominiums 416-702-1234 Residences at The Hunt Club 416-699-1711 Three Seven Condos & Lofts esquirehomes.ca Key West Condominium keywesttorontocondo.com Royal York urban Towns 416-901-0206 Centro 416-296-1898 Encore 416-495-3544 Beyond The Sea Star Tower Condominiums 416-979-1333 Triumph at valhalla 416-233-5554 Parc Nuvo at Essex 416-231-0999 South Beach 416-252-3000 West village 416-620-1887 Park Towers at IQ 416-253-5838 vivid Condos 416-239-8200 Westwood Condominiums 416-239-9888 Avani At Metrogate 416-293-5535 Jade Condominiums 416-762-8818 Nature’s Path 416-745-6686 2150 Condos 416-750-2150 Haven On The Bluffs 416-2611-9555 Lexington 416-638-8444 South Shore 416-913-2136 Qube Condos 647-351-7823 Me Condos 416-430-0003

TH* C* • • • • • • • • • • • • • • • • • • • • • • • • •

•

• • • • • • • • • • • • • • • •

• • •

11 56 4 39 33 37 6 17 18 19

Gardiner Expressway Evans Ave

Horner Ave

50 8 5 51

Park Lawn

QEW

Royal York Rd

Scarborough

Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.

ett R Scarl

Westway

*TH: Townhomes, C: Condo

401

Builder TRIDEL CORPORATION CONCERT PROPERTIES MONARCH CORPORATION MENKES DEvELOPMENTS INC. QuEENSCORP RESIDENCES LIBERTY DEvELOPMENT CORP. MONARCH CORPORATION INSOHO DEvELOPMENTS STANTON RENAISSANCE STANTON RENAISSANCE DEvRON DEvELOPMENTS LEMINE INvESTMENT GROuP MONARCH CORPORATION MONARCH CORPORATION CONSERvATORY GROuP GREAT GuLF MENKES DEvELOPMENTS INC. WILKINSON DEvELOPMENTS LASH GROuP OF COMPANIES CARTTERA CAMROST - FELCORP CAMROST - FELCORP NATIONAL HOMES AvERTON HOMES INFINITY DEvELOPMENTS ESQuIRE HOMES TIMES GROuP CORP. ICON HOMES HENDERSON DEvELOPMENT LIMITED MONARCH CORPORATION EMPIRE COMMuNITIES EDILCAN DEvELOPMENT CORP. TRIDEL CORPORATION AMExON DEvELOPMENT CORPORATION TRIDEL CORPORATION REMINGTON GROuP PEMBERTON GROuP ALTERRA HOMES/FINER SPACE TRIDEL CORPORATION PHANTOM DEvELOPMENTS YOuR HOME DEvELOPMENTS vHL DEvELOPMENTS LTD. vHL DEvELOPMENTS LTD. ROYALE GRAND WOODBINE DEvELOPMENTS MINTOuRBAN COMMuNITIES INC. FIRST AvENuE PROPERTIES LASH GROuP OF COMPANIES

Finch Ave W

Centennial

Martin Grove Rd

Humberline Dr

# 8 16 18 21 25 28 39 1 2 2 3 3 4 5 6 7 7 9 10 10 11 11 12 13 14 15 17 19 20 29 33 34 35 37 44 46 50 51 55 56 60 61 61 62 65 70 71

East Ave Port Union Rd

Av e

Beare Rd

Da nf or th

Passmore Ave

Manse Rd

Galloway Rd

sto

g in

lva

Orton Park Rd

Markham Rd

St. Clair Ave

3 Scarborough Golf Rd

McCowan Rd

Bellamy Rd

Lawrence Ave E

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

Victoria Park

orto

Brim

Eglinton Ave E

71 n Dr

427 Morrish Rd

Progress Ave

29 20

Brimley Rd

Warden Ave

Pharmacy Rd

Birchmount Rd

Kennedy Rd

Ellesmere Rd

Midland Ave

401

Sheppard Ave E Conlins Rd

Milner Ave

Meadowvale Rd

Sheppard Ave E

Ave

Morningside Ave

evin

McL

12 Reesor Rd

Huntingwood Dr

11 Sewells Rd

Finch Ave E

Neilson Rd

McNicoll Ave

Tapscott Rd

McCowan Rd

Lakeshore Blvd W

Price Range from $250,000 from $249,000 from $200,000 from $390,000 from $350,000 from $253,000 from $400,000 from $235,000 from $250,000 from $250,000 from $220,000 from $220,000 from $400,000 from $250,000 from $230,000 from $280,000 from $230,000 from $230,000 from $310,000 from $242,000 from $570,000 from $250,000 from $300,000 from $210,000 from $320,000 from $220,000 from $185,000 from $400,000 from $250,000 from $456,000 from $209,000 from $290,000 from $170,000 from $250,000 from $250,000 from $240,000 from $293,000 from $270,000 from $160,000 from $240,000 from $350,000 from $200,000 from $250,000

Page BC 67 Insert Insert 73 35 Insert

Finder 23F 22F 25C 20F 23H 2G 26H 4F 23H 23H 10D 10D 25H 24F 25H 20G 20G 2H 22B 22B 25G 25G 23D 2C 2G 12D 25H 24H 5D 6D 24H 21F 22G 25H 20F 23G 23F 23F 4C 25G 11E 3E 3E 21C 22H 24G 8D

Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554

torontoregionalmaps: Scarborough, Etobicoke

85 JANUARY 3 - 17, 2015 | NEW CONDO GUIDE 85

Va lle yP ar kw ay n Do

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y Ave

Jarvis

ersit

3 60 shore Lake W Blvd

Univ

St Keele

QEW

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Gera

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s dow

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Land

Ave well Cox

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Roge

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St Jane

St Cla

Park oria Vict

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29 way 8 2 ress Exp r e n 1 di Gar

Toronto Waterfront

waterfrontmaps: TORONTO

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

Builder

MENKES MENKES DEVELOPMENTS DEVELOPMENTS INC. INC.

Harbour Harbour plaza plaza

Site

menkes.com menkes.com

Telephone

TH* C*

TRIDEL TRIDEL CORPORATION CORPORATION

AquaVista AquaVista at at Bayside Bayside Toronto Toronto

416-514-2710 416-514-2710

• •

12 12 STREETCAR STREETCAR

The The Southwood Southwood

416-750-7506 416-750-7506

58 58 GREAT GREAT GULF GULF

Monde Monde

CONCORD CONCORD ADEX ADEX

Price Range

Finder Finder 14F 14F

IFC IFC

16E 16E

• • from from $300,000 $300,000

45 45

23D 23D

416-466-8885 416-466-8885

• • • • from from $304,000 $304,000

18 18

17E 17E

FWD FWD at at Concord Concord CityPlace CityPlace

416-813-0999 416-813-0999

• • • •

13F 13F

CONCORD CONCORD ADEX ADEX

Quartz Quartz at at Concord Concord CityPlace CityPlace

416-813-0999 416-813-0999

• • • •

12F 12F

CONCORD CONCORD ADEX ADEX

ParadeTWO ParadeTWO Park Park Collection Collection at at Concord Concord CityPlace CityPlace

416-813-0999 416-813-0999

• • from from $308,000 $308,000

15M 15M

MONARCH MONARCH CORPORATION CORPORATION

Nautilus Nautilus at at Waterview Waterview --

416-203-6636 416-203-6636

• • from from $400,000 $400,000

25H 25H

TRIDEL TRIDEL CORPORATION CORPORATION

Aqualina Aqualina at at Bayside Bayside Toronto Toronto

416-514-2710 416-514-2710

• •

16E 16E

CRESFORD CRESFORD DEVELOPMENT DEVELOPMENT CORP. CORP.

NXT NXT at at Windermere Windermere By By The The Lake Lake

416-977-5300 416-977-5300

• • • • from from $350,000 $350,000

11F 11F

CRESFORD CRESFORD DEVELOPMENT DEVELOPMENT CORP. CORP.

NXT2/Phase NXT2/Phase Two Two

416-977-5300 416-977-5300

• • • • from from $210,000 $210,000

4E 4E

CONCORD CONCORD ADEX ADEX

Spectra Spectra at at Concord Concord CityPlace CityPlace

416-813-0999 416-813-0999

• • • •

10 10 GREAT GREAT GULF GULF

Twenty Twenty Lombard Lombard

416-499-8883 416-499-8883

• • from from $492,000 $492,000

16K 16K

11 11 CAMROST CAMROST FELCORP FELCORP

California California Condominiums Condominiums

sunsetcondos.ca sunsetcondos.ca

• • from from $242,000 $242,000

25G 25G

18 18 URBAN URBAN CAPITAL CAPITAL

River River City City 22

416-862-0505 416-862-0505

• • from from $276,000 $276,000

16F 16F

29 29 PINNACLE PINNACLE INTERNATIONAL INTERNATIONAL

33 33 Bay Bay Residence Residence at at Pinnacle Pinnacle Centre Centre

416-925-3325 416-925-3325

• • • • from from $375,000 $375,000

15F 15F

60 60 CANALFA CANALFA GROUP GROUP

Liberty Liberty Central Central by by the the Lake Lake

416-537-0047 416-537-0047

*TH: Townhomes,

Highlighted listings are advertised in this issue of Condo Guide.

from from $350,000 $350,000

Page Insert Insert

C: CondoGUIDE | JANUARY 3 - Please 86 86 NEW CONDO 17, 2015refer to page number for complete information.

• •

14F 14F

11F 11F

Attention Builders Builders -- Want Want to to add add your your community community to to our our maps? maps? Attention Need Need to to update update existing existing information? information? Please Please fax fax the the details details to to 416-789-9554 416-789-9554

Rd ge id

e or sh

ly Bay

E St

Qu ee

ds Q or ue Dr en S

in lW

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

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M Rd

ee Sp

Rd M id dl e

Th eC ol leg ew ay

Rd Bu rn ha m th or pe

W W St as

Park Rd S

Telephone

TH* C*

416-495-3544 48

•

Price Range

Lake

Scug

Manvers

Page

Finder

Scugog

from $390,000

INSERT

13B

Newcastle 416-495-3544

•

from $350,000

Whitby

Watermark

416-354-2221

•

from $307,000

Oshawa

INSERT

24C

401

19D

Atwater Condos

905-271-5038

•

from $280,000

12C

STANTON RENAISSANCE

On The Go

647-692-8417

•

from $250,000

23C

CHESTNUT HILL DEVELOPMENT

San Francisco By The Bay

905-831-3631

•

from $180,000

23J

Eau Du Soleil - Waterfront Condominiums

416-503-3328

•

from $320,000

25B

•

Phillip Mur

waterfrontmaps: GTA

al W Rd hb ur n

Ra t

Rd ry

Rd pe

Up pe r

Park Rd S

Uxbridge

Centre St.

Bloor St

Lindsay

Schomberg

Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.

Stevenson Rd

Whitby 7 Waterfront

Gibb St

Thornton Rd

Wentworth St

King

Riva Del Lago

Adelaide Ave

King St W Bond St W

Kendalwood R

Blair St

Hopkins St

Cannington

401

arrard Rd Garrard

arden St Blair SSt Garden

Brock St S Henry St Gordon St

Bradford Tecumseth and Tottenham Waterscapes

Bayly St E Georgina Island 33 caygeo Bob

Ajax-Whitby

Shoal Point Rd

Keswick

Cochrane St

Sim

Georgina

400

Bvv B

e 401

Rossland Rd

g Rd ing annin Mann M

n of Tow Town Whitby

Dundas St E

Pickering Beach Rd

Harwood Ave

McQuay

Eg lin rn R a to ha th n m bu th r n or R d Du pe E Th nd Rd e as W Qu St ee E ns w ay

Ce re m on i

Br ita nn ia

sA ve le ee St De r

or th

Anderson St

Brock St N

Dryden Bv

WINDCATCHER DEVELOPMENT CORP.

*TH: Townhomes, C: Condo

eS co Sim

Stevenson Rd

Garden St

Baldwin St S

Taunton Rd W

28 EMPIRE COMMUNITIES

To Os

Thornton Rd

Thickson Rd

Conlin Rd

Country Lane

Garrard Rd

Church St E

Rossland Rd

Townline ownline Rd

udley Rd Audley

8 Con

Baldwin St N

Coronation R

Lakeridge Rd

Audley Rd

Salem Rd

Stevenson Rd

28 Village of Evans Ave Gardiner Expressway in Brookl 2 Queensway

Halls Rd N

4 Sideline R

Park Lawn Cedarbrook T

Royal York Rd

Cochrane

Country Lane

Lake Ridge R

4 Sideline

Salem Rd

Westney Rd N

25 QUEENSCORP RESIDENCES

East Gwillimbury Further North Waterfront

Lakeshore Blvd E

Alliston,

Adjala 9

Mara

Westney Rd S

MONARCH CORPORATION

Finley Ave

Mono

Horner Ave Rossland/Winchester R

Oro

riv

Taunton Rd WWaterfront Etobicoke

Kingston Rd

Barrie

Brawley Rd Bloor St W

QEW

Town of Ajax 11

400

Beeton, Site

Fifth Conces 12 11 9

Magill Dr

MONARCHShelburne CORP.

400

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

Delaney Dr

Lak

Ravenscroft

Builder

Essa

Dundas St W

Mississauga Taunton Rd E Waterfront Orillia

Church St S

Squires Beach Rd

Hwy 5

Montgomery F

Tosorontio Everett

Columbus Rd

Bracebridge

Church St N Riverside Dr Notion Rd

Angus

Brock Rd

Sandy Beach

Liverpool Rd

em ou

Whites Rd

rlo

6 Concession

Vespra 401

Waterfront Lisle Granite Court

7 Concession

16 Sideline

Brock Rd

Brock Rd sR Oak jor Ma Valley Farm

Liverpool Rd

24 ingsto K

Sunnidale Oakville

d nR

Rossland Rd

Wasaga Beach

Sheppard Ave

Glenanna Rd

Appleview Rd

Sprduce Hill R

Stroud's

Greenwood Rd

ate Highview Rd

6 Sideline

n tio

Dixie Rd

3 Concession

ng ill Finch hAve G

Tay

nR Devo

QEW

400

Midlandd

Fairport Rd

Altona Rd

4ord Concession Dr Ford

a St

tti

Ind

W QE

Oakville Kerr No

7 Rd

8 Concession

Paddock Rd

d Rd RRosebank

ne Li

Hine

Rd ne Whites Rd Li

ne Li

Gon te Rd Thornbury

ian

3 40

Georgian Bay

5 Concession

4 Concession Tr af al ga rR d

Rd is av

l da in

Altona Rd

W QECa

Brock Rd

City of Mississauga Mississaug erinag Pick

Co Rid lon ge ial D WhitevalewRd ay r Dr

Tr e

W ol fe da le

16 Sideline

M Dr 7issConncession iss au ga Rd

12 Sidelineie ix D

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

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

Duffs Rd

in M

11ldga 12

Myrtle Rd W Rathburn Rd

Ashburn Rd

orth Dr

0 8 4

d ll R Mi

7n B

e th

9 Concession

4 Sideline R

ine

20 Sideline Rd

ke m To

24 Sideline

Rd dy St 28 Sideline rio ta on 30 Sideline

9 Concession

Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the 3details to 416-789-9554 JANUARY - 17, 2015 | NEW CONDO GUIDE 87 87

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Published by

88 NEW CONDO GUIDE | JANUARY 3 - 17, 2015

GTA Edition Jan 3 â€“ 17, 2015

Your complete source for condos, lofts and townhomes in the GTA

IN THIS SECTION Maps and listings for new condo communities in the 905 region Builder news and the latest in condos in the 905 JANUARY 3 - 17, 2015 | NEW CONDO GUIDE 89

CONDO WATCH

9 5 Builders: If you would like to include your preview registration, new release or site opening in this feature, just email the details to Lydia.McNutt@wall2wallmedia.com

new releases & grand openings

previews & registrations

HOT CONDOMINIUM by Great Gulf

RIVERSIDE IN PINE GROVE by Rosebury Homes

Phase 3 final release of boutique condos now on sale at Winston Churchill and Eglinton. Web: GreatGulf.com

PACE ON MAIN by Geranium Homes It’s a Main Street grand opening! Luxury suites coming soon to Stouffville’s boutique condominium address. Web: GeraniumHomes.com

PINNACLE GRAND PARK 2 by Pinnacle International Brand new suites now on sale at Pinnacle Grand Park 2, rising on Mississauga’s skyline. Web: PinnacleInternational.ca

LEGACY PARK by Liberty Development Grand opening continues at Thornhill City Centre’s grand finale. Iconic architecture, urban suite designs and fabulous park views. Web: LegacyParkCondos.com

Register now for your chance to live in this limited collection of urban towns, coming soon to Olde Woodbridge. Web: LiveAtRiverside.ca

THE BERKELEY by Carriage Gate Homes Hotel-inspired living is coming soon to downtown Burlington. Register today. Web: TheBerkeleyCondo.com

THE CRAFTSMAN by Vandyk The preview sales gallery is now open. Visit for more on these artisan-inspired condo residences at the gateway to Mississauga’s Clarkson Village. Web: CraftsmanCondo.com

DANIELS ERIN MILLS by The Daniels Corp. Now on sale and under construction at Erin Mills and Eglinton – a new master-planned community where you can live, work, play, grow, shop, dine and more! Register now. Web: DanielsErinMills.com

LINK2 CONDOS + LOFTS by Adi Development Group Register to book your appointment, and keep up on the latest in this up-and-coming Burlington community. Web: AdiDevelopments.com

CENTRO SQUARE CONDOS by Liberty Development Phase 2 of this master-planned community in the heart of Woodbridge in now previewing! Web: CentroSquare.ca

THE SORRENTO by Armour Heights Developments Register now for Euro-style living in Richmond Hill. Web: TheSorrento.ca

90 JANUARY 3 8- -17,22, 2015 92NEW NEWCONDO CONDOGUIDE GUIDE| NOVEMBER 2014

LIVE LIFE

VISIT US TODAY!

Live Free FOR A YEAR PROGRAM COMMISSION

INCLUDES:

$10,000 CASH BACK

ON CLOSING & MAINTENANCE FREE FOR 1 YEAR

FREE PARKING ($25,000 VALUE) FREE LOCKER ($2,500 VALUE) ACCESS TO THE GRAND SPA EASY DEPOSIT STRUCTURE

THE KEY TO YOUR PALACE AWAITS Two towers are now on sale. Visit us this weekend and experience the key to happiness – Luxury Living at affordable prices.

To learn more about Richmond Hill’s Grand Palace, visit www.grandpalace.ca or call 905.907.4370

VISIT US AT 9612 Yonge St., Richmond Hill

16TH AVE.

BAYVIEW AVE.

WELDRICK RD.

YONGE ST.

MAJOR MACKENZIE DR.

Prices & specifications subject to change without notice, E. & O. E.

JANUARY 3 - 17, 2015 | NEW CONDO GUIDE 91 JANUARY 3 - 17, 2015 | NEW CONDO GUIDE 91

MONEY MATTERS

How to survive the holiday aftermath By Gail Vaz-Oxlade

f there’s any month when you’re most likely to wonder if all the bills will get paid, it’s January. After the feverish rush of the holidays and all the unexpected expenses that popped up, no doubt budgets will be a little tight. Add the extra cost of heating and the jump in “fresh” food prices, and you’ll be looking for ways to trim back. Welcome to “Make Do” Month. This is the month when you stretch everything a little farther so you spend a lot less. If you get invited to a party, don’t rush out and buy new clothes. You get creative and shop from your closet. And if you need a little something different, you shop from a friend’s closet. Or hold a clothing exchange. What you don’t do, is spend money! When the weather is warm, it’s easy to do lots of free things. When it’s cold, entertainment gets more expensive. Sure, there’s that great movie you’d love to take the family to for a night out of the house. For a family of four, you’re probably looking at $100 or more with popcorn and drinks. Recycle a movie you already own or do a movie swap with friends, add some home-made popcorn and a 12-pack of pop and you can probably do it for $10. Now that’s making do!

January is also a good month to experiment with a new routine as you make do. If you’re used to buying coffee every day, brew your own at home or work and save big-time. If you regularly go out for lunch, pack one from home for four out of every five days and not only will you drop those holiday pounds, you’ll be able to pay off that holiday debt too. But what if you have family or friends whose birthday falls in January? You’ll have to buy something, right? No you don’t. You can give something of yourself instead of something purchased. Make their favorite cookies, offer to cook them a meal or a bunch of meals for the freezer for those extrabusy workdays, or create a coupon for three nights of free baby-sitting service. Maybe you’re a computer

Make Do Month is a conscious decision to stretch every dollar as far as it will go. Try it and see if just becoming conscious saves you money. I’ll bet you’re pleasantly surprised. 92 NEW CONDO GUIDE | JANUARY 3 - 17, 2015

genius and can offer to do maintenance or repairs. Perhaps you’re a mechanic and can offer a tune-up. Substitute your energy for spending money. After the buzz of the holidays, you’ll be happy to stay home for the first couple of weeks. Then you may start feeling itchy. You can feel the walls closing in. Time to hit that new restaurant that just opened, or head out to the clubs. Wait a minute – this is Make Do Month! Call up a couple of friends and throw a pot-luck game night instead. See if you can do it at their house this time. Start a tradition of oncea-month games or poker nights and rotate from one friend’s home to another. No one says you can’t have fun during Make Do Month. You just can’t spend gobs of money. Make Do Month is a conscious decision to stretch every dollar as far as it will go. Try it and see if just becoming conscious saves you money. I’ll bet you’re pleasantly surprised.

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

JANUARY 3 - 17, 2015 | NEW CONDO GUIDE 93

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14-08-25 3:59 PM

IN THE NEWS

Bank of Canada holds rate at one per cent

he Bank of Canada has announced that it is maintaining its target for the overnight rate at one per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent. Inflation has risen by more than expected. The increase in inflation over the past year is largely due to the temporary effects of a lower Canadian dollar and some sector-specific factors, notably telecommunications and meat prices. Underlying inflation has edged up but remains below two per cent. The U.S. economy has clearly strengthened, particularly business investment, which has benefitted Canadaâ€™s exports. Growth in the rest of the world, in contrast, continues to disappoint, leading authorities in some regions to deploy further policy

Canadaâ€™s economy is showing signs of a broadening recovery. Stronger exports are beginning to be reflected in increased business investment and employment. stimulus. Oil prices have continued to fall, due to both supply and demand developments. In this context, global financial conditions have eased further. Canadaâ€™s economy is showing signs of a broadening recovery. Stronger exports are beginning to be reflected in increased business investment and employment. This suggests that the hoped-for sequence of rebuilding that will lead to balanced and self-sustaining growth may finally have begun. However, the lower profile for oil and certain other commodity prices will weigh on the Canadian economy. The net effect of these recent developments, together with upward revisions to historical data, is that the output gap appears to be smaller than the Bank had projected in the October Monetary Policy Report (MPR). However, the labour market continues to indicate significant slack in the economy. While inflation is at a higher starting point relative to the October MPR, weaker oil prices pose an important downside risk to the inflation profile. This is tempered by a stronger U.S. economy, Canadian dollar depreciation, and recent federal fiscal measures. Household imbalances, meanwhile, present a significant risk to financial stability. Overall, the balance of risks remains within the zone for which the current stance of monetary policy is appropriate and therefore the target for the overnight rate remains at one per cent. The next rate announcement is scheduled for Jan. 21.

JANUARY 3 - 17, 2015 | NEW CONDO GUIDE 95

IN THE NEWS

Innovative brownstones in the heart of Pickering

nown for its sought-after location and architectural design, Averton’s highly anticipated new development, Main Street Seaton, has had a remarkable response. More than 1,500 people registered for this project in a very short time, and on Sat., Nov. 22, hundreds attended Main Street Seaton’s VIP preview opening, making it one of the most successful preview events in the GTA. In appreciation of the community’s undeniable support, early registrants will be afforded advance pricing until the development’s official grand opening in the new year, when homebuyers will be given a chance to own a fabulous new home at Main Street Seaton. Nestled within Pickering’s Seaton neighbourhood, Main Street Seaton is a master-planned community offering homebuyers an incredible selection of beautiful brownstone townhomes in a variety of different designs and configurations. Priced from the mid-$200’s, and ranging in size from 788 to 1,418 sq. ft., Main Street Seaton offers homebuyers three distinct styles of towns – the Garden Towns contain a traditional, classic design; the Coach Towns consist of back-to-back townhomes; and the Urban Towns collection of contemporary stacked townhomes. Gaining popularity as an alternative to highrise condo living, stacked towns offer units over top of each other in an interlocking fashion. Towns at Main Street Seaton will include private staircases with access to the upper units, rather than shared corridors and elevators.

Exteriors at Main Street Seaton feature colour-coordinated brick with brick detailing and/or vinyl siding, architecturally designed configurations, and maintenance-free low-E casement windows. Interiors include eight-ft. ceiling heights on lower, ground and upper floors, and nine-ft. ceiling on main floors, engineered laminate strip flooring in main principal rooms, and front-loading stacked washers and dryers. Designer-inspired kitchens feature custom-quality cabinetry with rolled arborite countertops, kitchen islands, and stainless steel appliances. At the heart of the community is a beautifully landscaped parkette with seating areas and a children’s playground. About Averton With a strong presence in both Eastern and Western Canada, Averton has become Canada’s elite national home builder, with more than 50 years of experience. Averton has maintained a superior reputation for design, quality and customer service throughout the country’s residential building sector.

For more information on this fabulous new community, and for an opportunity to attend Main Street Seaton’s grand opening event, register at averton.ca. 96 NEW CONDO GUIDE | JANUARY 3 - 17, 2015

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IN THE NEWS

Canadian home sales hold steady

ational home sales activity was unchanged on a month-over-month basis in Nov. 2014, according to statistics released recently by the Canadian Real Estate Association (CREA), November sales strengthened in half of all local housing markets, with monthly increases in Montreal, Edmonton, Winnipeg, Hamilton-Burlington, Barrie, and Windsor-Essex tempered by a monthly decline in the Greater Toronto Area. “The Canadian housing market remains a story about how sales and prices are still running strong in some areas while others are seeing subdued levels of activity with slower price gains or modest price declines,” says CREA president Beth Crosbie. “All real estate is local and your realtor remains your best source for information about how the housing market is shaping up where you currently live or might like to in the future.” “The effect of lower oil prices on Canada’s housing markets is something of a wildcard at the moment,” says Gregory Klump, CREA’s chief economist. “It’s not clear how far oil prices may drop or for how long they’ll stay down. How that plays out may affect the outlook for interest rates, job growth, consumer confidence, and sentiment about making major purchases.”

AT A GLANCE... › National home sales were unchanged from October to November. › Actual (not seasonally adjusted) activity stood 2.7% above November 2013 levels. › The number of newly listed homes edged down 0.4% from October to November. › The Canadian housing market remains balanced. › The MLS Home Price Index (HPI) rose 5.2% year-over-year in November. › The national average sale price rose 5.7% on a yearover-year basis in November. › The number of home sales processed through the MLS Systems of Canadian real estate Boards and Associations was unchanged in November 2014 compared to October. As a result, activity remains much improved compared to the quiet start to the year.

Actual (not seasonally adjusted) activity in Nov. 2014 stood 2.7 per cent above levels reported in the same month in 2013. Sales were up from year-ago levels in about half all local markets, led by Greater Vancouver and the Fraser Valley, Calgary, and Greater Toronto. 98 NEW CONDO GUIDE | JANUARY 3 - 17, 2015

Actual (not seasonally adjusted) sales activity for the year-to-date in November was five per cent above levels in the first 11 months of 2013. It was also slightly above (+2.4 per cent) the 10-year average for year-to-date sales. The number of newly listed homes edged down 0.4 per cent in November compared to October. Led by Greater Toronto, new supply was down in just over half of all local markets. The national sales-to-new-listings ratio was 56 per cent in November. While this is marginally tighter compared to the previous three months in which it averaged 55.7 per cent, the broader trend for the ratio indicates that it has remained balanced and largely stable for the past four months. A sales-to-new-listings ratio between 40 and 60 per cent is usually consistent with a balanced housing market, with readings above and below this range indicating sellers’ and buyers’ markets respectively. The ratio was within this range in almost 60 per cent of all local markets in November. About 60 per cent of the remaining markets posted ratios above this range, almost all of which are located in British Columbia, Alberta and Southern Ontario. The number of months of inventory is another important measure of the balance between housing supply and demand. It represents the number of months it would take to completely liquidate current inventories at the current rate of sales activity. There were 5.8 months of inventory nationally at the end of Nov. 2014. As with the sales-to-newlistings ratio, the number of months of inventory has been stable for the past four months and remains well within balanced market territory.

The national average home price continues to be raised considerably by sales activity in Greater Toronto and Greater Vancouver, which are among Canada’s most active and The Aggregate Composite MLS House Price Index (HPI) rose by 5.19 per cent on a year-over-year basis in November. Price gains have held steady between five and five-and-a-half per cent since the beginning of the year. Year-over-year price growth decelerated among all property types tracked by the index in November compared to October. Two-storey single-family homes continue to post the biggest year-overyear price gains (+6.79 per cent), followed closely by townhouse/row units (+5.63 per cent). Price growth was comparatively more modest for one-storey single-family homes (+4.20 per cent) and apartment units (+3.18 per cent). Price growth varied among housing markets tracked by the index. As in recent months, Calgary (+8.53 per cent), Greater Toronto (+7.73 per cent), and Greater Vancouver (+5.69 per cent) continue to post the biggest year-overyear increases. By contrast, prices in Regina declined by 3.36 per cent. In other markets from west to east, prices were up between 1.6 and 2.8 per cent on a year-over-year basis in the Fraser Valley, Victoria, and Vancouver Island, by less than one per cent in Saskatoon and Ottawa, flat in Greater Montreal, and down by less than one per cent in Greater Moncton. The MLS Home Price Index (MLS HPI) provides a better gauge of price trends than is possible using averages because it is not affected by changes in the mix of sales activity the way that average price is. The actual (not seasonally adjusted) national average price for homes sold in Nov. 2014 was $413,649, up 5.7 per cent from the same month last year. The national average home price continues to be raised considerably by sales activity in Greater Toronto and Greater Vancouver, which are among Canada’s most active and expensive housing markets. Excluding these two markets from the calculation, the average price is a relatively more modest $331,743 and the year-over-year increase shrinks to five per cent. JANUARY 3 - 17, 2015 | NEW CONDO GUIDE 99

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Builder

Site

Telephone

PINNACLE INTERNATIONAL

The Marquee Townhomes on the Park

905-568-9000

•

from $720,000

20K

PEMBERTON GROuP

Downtown Erin Mills Condominiums

905-630-6300

•

from $300,000

18M

30 PINNACLE INTERNATIONAL

Pinnacle Grand Park 2

905-276-3981

•

from $200,000

20L

30 PINNACLE INTERNATIONAL

Pinnacle Grand Park

905-276-3981

•

from $300,000

20L

34 PINNACLE INTERNATIONAL

Pinnacle Uptown, Crystal

905-568-9000

•

from $200,000

19K

905-306-6996

•

from $250,000

17M

THE DANIELS CORPORATION

Daniels Erin Mills

vANDYK COMMuNITIES

The Craftsman

WINDCATCHER DEvELOPMENT CORPORATION

Atwater Condos

905-271-5038

CASTLERIDGE HOMES

The Clairington

CONSERvATORY GROuP

TH* C*

craftsmancondos.com

Price Range

Page

Finder

from $300,000

21N

•

from $280,000

24L

905-793-0002

•

from $230,000

16E

Mirage

905-232-2400

•

from $270,000

20K

AMACON

PSv2

905-273-9333

•

GREAT GuLF

HOT

905-828-4257

•

from $330,000

16M

FERNBROOK HOMES

Absolute World

416-869-6057

•

from $188,000

21K

CITYzEN

Absolute World

416-869-6057

from $188,000

21K

AMACON

The Residences at Parkside village

905-273-9333

•

ALTERRA HOMES

Renaissance in Olde Brampton

416-710-1010

•

from $490,000

13H

PEMBERTON GROuP

Rosedale village Golf & Country Club

905-799-5000

•

from $346,000

13F

ADI DEvELOPMENT GROuP

Link2 Condos+Lofts

905-592-2028

•

from $195,000

vANDYK COMMuNITIES

Windows on the Green

905-822-3333

from $300,000

19N

RETIREMENT LIFESTYLE COMMuNITIES

Palisades on the Glen

905-820-8210

•

from $290,000

18N

theberkeleycondo.com

•

1-866-611-5525

•

from $264,000

•

20L

21K

20 CARRIAGE GATE HOMES

The Berkley Downtown Burlington

CASINO BAY DEv. CORP./TODDGLEN

Panoramic Point at Brewery Bay

INzOLA GROuP

Park Place

905-451-7001

•

from $310,000

14H

32 ARMOuR HEIGHTS DEvELOPMENTS

River’s Edge

905-533-2400

•

from $285,000

14A

35 ASHLEY OAKS GROuP

Emporium at Joshua Creek

905-618-0660

•

from $200,000

17O

38 TRIDEL CORPORATION

Metrogate - ventus 2

416-293-5535

•

from $302,000

19J

38 TRIDEL CORPORATION

ventus at Metrogate

416-293-5535

•

from $344,000

19J

45 EMPIRE COMMuNITIES

Rain Condominiums

905-845-7246

•

from $200,000

17Q

46 MATTAMY HOMES

The Mount Pleasant village

mattamyhomes.com

•

from $200,000

20K

*TH: Townhomes, C: Condo

Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.

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

Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the 3details to (416) JANUARY - 17, 2015 | NEW789-9554 CONDO GUIDE 101 101

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

East

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404

Site

Bullock Dr Hwy 7

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Main St S

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7 14

McCowan Rd

Hwy. 27

Major Mackenzie

16 Ave Carlton Rd

404

John

Kennedy Rd

Warden Av e

Cachet Pkwy Woodbin e

905regionalmaps: Maple, Thornhill, Richmond Hill, vaughan, Markham, Ajax, Whitby, Oshawa

Leslie St

18 Ave

Steeles Ave E

Steeles Ave W

102

Elgin Mills Rd

Leslie St

Clark Ave W

16th Ave.

Thornhill Henderson Av

Yonge St

Centre St

24 1 13

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404

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Langstaff Rd

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401

19 Ave

Major MacKenzie

Weldrick Rd W

Rutherford Rd

400

Elgin Mills Rd

Richmond Hill

E 20

Regent St Mill St

Maple

19th Ave.

Yorkland

Huntingto

Major Mackenzie

401

Gamble Rd

Bathurst St

Dufferin

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Teston Rd

Nashville Rd

400

Jefferson Sideroad

Keele St

Kirby Rd

Jane St

Pine Valle

401

Weston Rd

Cold Cree k

12 Line Rd

King-Vaughan Rd

To wn of Ajax

City of Pickerin g

Yonge St

Bayview Ave

King Rd

To wn of W hitby

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Denison St

Builder

Telephone

TH* C*

MONARCH CORPORATION

Garden Court

416-495-3595

•

Price Range from $400,000

Insert

16D

LIBERTY DEvELOPMENT CORP.

Legacy Park

905-731-8302

•

from $300,000

10G

32 LIBERTY DEvELOPMENT CORP.

Royal Gardens

905-889-9997

•

from $303,000

15F

43 GuIzzETTI DEvELOPMENTS

Grand Palace

905-907-4370

•

from $295,000

12E

44 LIBERTY DEvELOPMENT CORP.

Centro Square Condos 2

905-851-8877

•

from $400,000

from $200,000

Page

Finder

FLATO DEvELOPMENT

Arthouse Condos

905-554-8722

TRIBuTE COMMuNITIES

varley

905-604-1477

•

from $420,000

22D 19F

TRIDEL CORPORATION

Renaissance of Richmond Hill

416-736-9500

•

from $740,000

14E

LINDvEST

Grand Cornell Brownstones in Markham

905-294-6161

ARMOuR HEIGHTS DEvELOPMENTS

The Sorrento

289-637-1777

MINTOuRBAN COMMuNITIES INC.

WaterGarden

416-915-3800

GREAT LANDS CORP.

The Beverly Hills Resort Residences

905-882-6636

TRIAxIS DEvELOPMENT INC/MARINO DEvELOPMENTS

Courtyards of Maple

416-798-7070

•

from $390,000

GREENPARK HOMES

uv2

905-554-6501

•

from $253,000

22F

REMINGTON GROuP

The Signature Condominium

905-948-9900

•

from $300,000

18F

REMINGTON GROuP

from $340,000

23F

•

from $390,000

13B

•

from $300,000

12F

from $250,000

12E

•

Model Suite of the Month

905-948-9900

•

from $300,000

18F

20 SOLMAR DEvELOPMENT CORP

Bellaria Residences

905-417-8482

•

from $240,000

22 QuADRA MGT. & SCEPTRE DEvS.

Renaissance Court at Woodbridge Gates

905-851-4220

•

from $505,000

22 WYCLIFFE HOMES

Fairground Lofts

905-605-5900

•

from $340,000

The Fountains

905-731-8302

•

from $272,000

10F

26 RICE DEvELOPMENT

Ambria

905-796-3630

•

from $340,000

28 CHESTNuT HILL HOMES

San Francisco by the Bay

905-831-3631

•

from $200,000

22C

PEMBERTON GROuP

Sky City

905-709-5700

•

from $320,000

12F

PEMBERTON GROuP

Sky City 2

905-709-5700

•

from $320,000

12F

32 SIGNATuRE COMMuNITIES

TAO Boutique Condos

905-597-2535

•

from $200,000

15F

33 PEMBERTON GROuP

Miracle at Yonge

905-709-5700

•

from $280,000

12F

34 SIERRA HOMES

68 Main Street

905-305-0822

•

from $250,000

21E

40 NOvA TRIMAx

Allegra

905-850-6866

•

from $250,000

vista Parc Condominiums

905-850-8883

•

from $260,000

45 KYLEMORE COMMuNITIES

The 6th Angus Glen

905-887-9950

•

46 EMPIRE COMMuNITIES

The Mark

905-554-5015

•

LIBERTY DEvELOPMENT CORP.

QuADCAM DEvELOPMENT GROuP INC

*TH: Townhomes, C: Condo

Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.

•

19E from $250,000

22E

Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554

I BUILD BUSINESS. “Joining BILD is probably the most important decision we made as a company. The clients are remarkable and we are able to understand and support their goals.”

Lucio DeClavasio, President Bolde Imaging Group Inc. Manufacturer / Supplier Member Since 2012

I AM

Get Involved: bildgta.ca JANUARY 3 - 17, 2015 | NEW CONDO GUIDE 103

HOT DATES

JANUARY 2015 Calendar of events taking place from January 3 – 17

Jan. 2-11

Jan. 9-11

Canada’s Top Ten Film Festival

Canada’s Bridal Show

TIFF BELL LIGHTBOX REITMAN SQUARE, 350 KING ST. W. Check out the best Canadian films released in 2014 as selected by Canadian filmmakers and industry professionals. This year’s feature films include David Cronenberg’s Maps to the Stars, Xavier Dolan’s Mommy, environmental documentary Monsoon, FLQ drama Corbo, unlikely romance Félix et Meira, Quebecois drama Tu dors Nicole, musician Andrew Huculiak’s debut film Violent, and more. Visit online for details. tiff.net/festivals/ctt14

METRO TORONTO CONVENTION CENTRE NORTH BUILDING, 255 FRONT ST. W. With wedding season just around the corner, this is your one-stop shop for all your needs, from attire to entertainment and everything in between. Enter contests for your chance to win an all-inclusive dream honeymoon, a $50,000 wedding giveaway and more! Tickets are available online and at the door. canadasbridalshow.com

Jan. 10-18

Until March

Toronto International Boat Show

Ice Skating

DIRECT ENERGY CENTRE EXHIBITION PLACE, 100 PRINCES’ BLVD. Put some summer in your winter at this annual water-lover’s paradise! Explore over a million sq. ft. of show space packed with awe-inspiring boats to see and tour, marine accessories ranging from canoes and kayaks to fishing rods and wakeboards, and free seminars, demonstrations and on-water entertainment. Visit online for additional information and to purchase tickets. torontoboatshow.com

NATREL RINK 235 QUEENS QUAY WEST Enjoy a fun, free skate at the city’s most scenic skating rink, tucked behind York Quay Centre and set against the Lake Ontario shoreline. Strap on your helmet and skates – and if you don’t have any, there are rentals on site. Hot food and drinks are available at the rink-side restaurant. Visit online for details and a skate schedule. harbourfrontcentre.com

104 NEW CONDO GUIDE | JANUARY 3 - 17, 2015

HOMEBUYERS’ HELP

condo buyers’ resource section YOU LOVE THE CONDO, SEE WHAT YOU CAN AFFORD! Compare mortgage rates for your best deal Calculate your mortgage payments using the mortgage payment calculation chart

JANUARY 3 - 17, 2015 | NEW CONDO GUIDE 105

HOMEBUYERS’ HELP

Calculate your mortgage payments interest rate

amortization period

chart figure

mortgage amount ÷ 1,000

monthly payment

EXAMPLE: 5%

25 YEARS

5.82

125 (mortgage amount $125,000)

Follow these steps to see if you’ll qualify for a mortgage on your dream condo 01 Determine the

03 Choose your desired

04 At the intersection of

appropriate five-year fixed mortgage rate, which is easiest to qualify for.

amortization period across the top of the table (25 years has lowest payment and is easiest to qualify for firsttime homebuyers).

the column and row is your mortgage payment per month per $100,000 borrowed.

02 Look down the left column of the table on the opposite page to find the rate (rounded to the nearest 1/4 per cent).

106 NEW CONDO GUIDE | JANUARY 3 - 17, 2015

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

Mortgage payment calculation chart

INTEREST RATES

Amortization Periods 15 YEARS

20 YEARS

25 YEARS

30 YEARS

2.50%

$666

$529

$448

$394

2.75%

$678

$541

$461

$407

3.00%

$690

$554

$473

$421

3.25%

$702

$566

$486

$434

3.50%

$714

$579

$499

$448

3.75%

$726

$591

$513

$461

4.00%

$738

$604

$526

$476

4.25%

$750

$617

$540

$490

4.50%

$763

$630

$553

$504

4.75%

$775

$644

$567

$519

5.00%

$788

$657

$582

$534

5.25%

$801

$671

$596

$549

5.50%

$814

$684

$610

$564

5.75%

$827

$698

$625

$579

6.00%

$840

$712

$640

$595

6.25%

$853

$726

$655

$611

6.50%

$866

$741

$670

$626

6.75%

$880

$755

$685

$642

7.00%

$893

$769

$700

$659

Table provided by Calum Ross, owner, president and principal broker at Calum Ross Mortgage. He can be reached at 416.410.9905, calum@calumross.com and calumross.com JANUARY 3 - 17, 2015 | NEW CONDO GUIDE 107

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D UN D A S S TR EE T W ES T

Eastern Ontario Edition B LO O RDALE

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INSIDE THIS ISSUE

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MATCHING YOUR BUDGET AND HOMEBUYING NEEDS

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Curating a selection of the GTA’s top home & decor shops and services

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Getting inspired

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YOUR GUIDE ON WHERE AND WHAT TO BUY

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The Urban Townhome Collection, Toronto The Victoria Model Home, 2,628 sq.ft. + 622 sq.ft. Terrace

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Please recycle our magazines! Wall2Wall Media participates in the Partner’s In Growth Reforestation Program through St. Joseph Communications. To date, Partners in Growth has planted over two million trees in parks, recreation and conservation areas, and other public spaces across Canada. Established in 1990, OUTSIDE GATE BACK COVER X 10.5" + BLEED 7.25 X 10.5" + BLEED this program was started with Scouts Canada 7to help replenish the environment. GTA Chinese Gatefold 11-22-14.indd 1

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Brought to you by 108 NEW CONDO GUIDE | JANUARY 3 - 17, 2015

2014-11-05 2014-11-03 10:33 9:57 AM

HOMEBUYERS’ HELP

Compare mortgage rates for your best deal CHARTERED BANKS

Variable

ATB Financial

2.7

Alterna Svgs/Alterna Bk

2.6

Bank of Montreal Bank of Nova Scotia

3 2.6

Canadian Western Bank CFF Bank CIBC

6 Months 4 6.30op 4 6.30op 4 6.30op 4.55 6.45op 4 6.45op

3 6.70op

ICICI Bank Canada Manulife Bank National Bank President’s Choice Financial Royal Bank

3.05 2.7 n/a

4.45 4.4 6.70op

2.65 3 6.30op

TD Canada Trust

Tangerine

1 Year 2.94 6.30op 2.98 6.30op 3.14 6.30op 3.29 6.50op 3.14 6.30op 3.69 2.99 6.35op 3.15 3 3.50op 3.14 6.70op 3.14 6.30op 3.09 6.30op 3.19

2 years

3 years

4 years

5 years

2.89 6.50op 2.98

2.99

3.04

3.24

2.98

2.94

3.19

3.04

3.85

4.39

3.29

2.79

3.44

3.94

3.19

3.04

3.65

4.2

4.99

3.75 2.79

2.59 3.65

3.79 3.14

3.04 4.99

3.65 3.04

3.64 3.04

3.69 3.09

3.89 3.09

3.04

3.75

3.09

3.39

2.94 3.14

3.59 3.95

2.99 3.14

4.44 3.24

3.04

3.44

3.14

3.29

3.24

3.49

3.69

3.79

3.25 2.59

3.95 3.44

4.74 3.94

4.99 4.79

3.6

3.7

4.6

4.95

2.89 3.14

2.79 3.75

2.94 4.64

2.95 4.99

2.79

3.44

3.94

3.19

3.1

3.33

3.65

3.13

3.25

3.29

2.99

2.59 3.14

2.69 3.29

2.89 2.94

3.09 3.09

2.79 3.14

2.99 3.75

3.14 4.64

3.29 4.99

2.75

3.45

2.95

3.15

3.95 2.65

4.35 3.65

4.84 3.29

5.14 3.19

3.05

3.15

3.25

3.4

2.8

2.9

2.95

3.1

TRUST COMPANIES Community Trust Concentra Financial

n/a n/a

Effort Trust

n/a

Home Trust Company Investors Group Trust

2.5 n/a

MTCC

2.6

6.5 5 6.70op 4.45 6.30op 3.95 4.2 6.50op 4.55 6.45op

3.14 2.89 6.30op 3.45 6.30op 2.89 3.14 6.30op 3.29 6.50op

OTHER FINANCIAL INSTITUTIONS Airline Financial C.U. Comtech Credit Union First National Fin. LP FirstOntario C.U.

4 2.95

6.2 6.40op 3.95

2.6 6.34op

IC Savings London Life

n/a

Luminus Financial

2.6

MCAP Meridian Credit Union

2.5 2.75

Parama Credit Union

2.85

Steinbach Credit Union

2.5

4.2 6.50op

3.01 6.25op 2.99 6.30op 2.99 3.09 6.34op 2.99 3.14 6.30op 2.95 6.30op 3.6 3.09 6.30op 2.85 3.00op 2.65

Notes **Interest rate charged subject to adjustment during term mortgage. Please consult institution for term of years available. All rates are prime rates and subject to change without notice. R.O.R. = RATES ON REQUEST OP = OPEN ----- = NOT QUOTING N/A = NOT AVAILABLE Prepared by http://www.FiscalAgents.com/mortgage/rates

JANUARY 3 - 17, 2015 | NEW CONDO GUIDE 109

index of advertisers 45 Charles Ltd. - Chaz Yorkville Condos

Menkes Developments Inc. - 365 Church

Insert

Amexon Development Corporation - The Residence of 488 University Avenue 61

Menkes Developments Inc. - 87 Peter

Insert

Aragon Properties - Enigma on the Park

Menkes Developments Inc. - Corporate

Insert

Aspen Ridge Homes - Studio on Richmond

Menkes Developments Inc. - Dwell City Towns

Insert

Bazis Inc. - E Condos

Menkes Developments Inc. - Fabrik

Insert

Menkes Developments Inc. - Gibson Square

Insert

Menkes Developments Inc. - Harbour plaza

Insert

Menkes Developments Inc. - Pears on the Avenue

Insert Insert

Bazis Inc. - No1 Yorkville BILD - Promo Camrost - Felcorp - Blue Diamond at Imperial Plaza

5 103 1

Camrost - Felcorp - Yorkville Plaza II

Menkes Developments Inc. - The Eglinton Yonge at Heart

Castle Group - Insignia Residences at Bayview Village

Metropia - E Condos

Concert Properties - The KIP District

Minto Communities Inc. - West Side

Concord Adex - Model Suite Of The Month Concord Adex - Omega on the park

111 38-39

Mobile App - Promo

17 & 97

Monarch Corporation - Corporate

Insert

Cresford Development Corp. - 1000 Bay

112

Monarch Corporation - Garden Court

Insert

Cresford Development Corp. - CASA 2

112

Monarch Corporation - Lago

Insert

Cresford Development Corp. - CASA III

IBC

Monarch Corporation - Picasso on Richmond

Insert

Cresford Development Corp. - Merton Yonge Condominiums

112

Monarch Corporation - Riva del Lago

Insert

Cresford Development Corp. - VOX

112

Monarch Corporation - Waterscapes

Insert

Digital Device - Promo

Pemberton Group - Citylights on Broadway

Eden Shaw - Chaz Yorkville Condos

Pemberton Group - Downtown Erin Mills Condominiums

Empire Communities - Senses Condominiums

6-7

Pinnacle International - Palatial Collection

Family of magazines - Promo

108

Pinnacle International - Pinnacle Grand Park

Great Gulf - Brocton Commons

Pinnacle International - Pinnacle Grand Park 2

Great Gulf - Monde

Pinnacle International - Pinnacle Uptown, Crystal

Great Gulf - One Bloor Residences

Pinnacle International - The Marquee Townhomes on the Park

Great Gulf - Pace

Pinnacle International - The Pinnacle on Adelaide

Great Gulf - Yonge+Richmond

Plaza - Corporate

Guizzetti Developments - Grand Palace

Queenscorp Residences - Watermark

Interior Design Show - Promo

Rio Can - E Condos

Lamb Development Corp. - The Harlowe

Streetcar Development - The Southwood

Lanterra Developments - Teahouse

The Daniels Corporation - Corporate

Insert

Liberty Development Corp. - Centro Square Condos 2

The Daniels Corporation - Daniels Erin Mills

Liberty Development Corp. - Legacy Park

The Daniels Corporation - High Park Condominiums

Liberty Development Corp. - Royal Gardens

The Daniels Corporation - One Park Place South Tower

Liberty Development Corp. - Terrace on Danforth

Tribute Communities - The College

Liberty Development Corp. - World on Yonge

Tridel Corporation - Aquavista at Bayside Toronto

IFC

Lifetime Developments - The Bond Condominiums

Tridel Corporation - Islington Terrace

Luxury Living Magazine - Promo

Urban Capital - The Ravine

Madison Homes - Zigg St.Clair West

Your First Home - Promo

110 new NEW Condo CONDO GUIDE Guide janUaRY | JANUARY33- -17,17,2015 2015

Model Suite Compliments of Concord Adex

www.ConcordAdex.com

Premium integrated appliances, Carrara marble backsplashes, and quartz countertops are only some of the exceptional finishes featured in Forward at Concord CityPlace.

JANUARY2015 Concord Adex has been featured as “MODEL SUITE OF THE MONTH” as seen in the New Condo Guide model suite calendar

DESIGN. LOCATION. STYLE. PASSION. TRUST. The locations you love. The designs you desire. The details you demand. A Cresford condominium is luxury living defined. For over 40 years Cresford has been at the forefront of the luxury condominium market. The first developer in Canada to pair its condominium designs with international fashion labels, we set the standard for superb quality, trusted security and cutting-edge style. Cresford is known for building such recognizable condominiums as the Thornwood at Summer Hill and Merchandise Lofts, an iconic true loft conversion in downtown Toronto.

BAY & BLOOR | UNDER CONSTRUCTION MOVE IN WINTER 2015 / SPRING 2016 SUITES FROM THE HIGH $300’S 416.485.3000 1THOUSANDBAY.COM

YORKVILLE | UNDER CONSTRUCTION PENTHOUSES COMING SOON MOVE IN WINTER 2015 / SPRING 2016 SUITES FROM THE MID $300’S 416.486.CASA (2272) CASA2CONDOMINIUMS.COM

112 NEW CONDO GUIDE | JANUARY 3 - 17, 2015

YONGE & WELLESLEY PENTHOUSES COMING SOON FURNISHED WITH DIESEL LIVING 416.485.3000 VOXCONDOMINIUMS.COM

YONGE & MERTON MOVE IN NOW SUITES FROM THE MID $400’S TOWNS FROM THE LOW $600’S PENTHOUSES FROM THE $800’S 416.484.1900 MYCCONDO.COM

ACTUAL PHOTOGRAPHY OF HERMÈS-FURNISHED MODEL SUITE. EVELYNE SUITE 493 SQ.FT.

NOW UNDER CONSTRUCTION

LUXURY PENTHOUSES COMING SOON TO YORKVILLE’S MOST FASHIONABLE ADDRESS! SUITES FROM THE HIGH $300’S CASACONDOMINIUM.COM 416.486.CASA (2272)

PRESENTATION GALLERY: 170 MERTON ST. BROKERS PROTECTED. ILLUSTRATIONS ARE ARTIST’S CONCEPT. PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. E. & O.E.

Water’s edge luxury with unlimited views.

PRESENTATION CENTRE

261 QUEENS QUAY EAST TORONTO Adjacent to Sherbourne Commons CONTACT US

PHONE 416.514.2710 WEB TRIDEL.COM aquavista@tridel.com

Redefining life on the water’s edge.

AQUAVISTA Signature Collection. Take your lifestyle to the next level. The AQUAVISTA Signature Collection offers luxurious lakeside living and breathtaking views without stepping foot outside of the city. These exclusive residences feature open concept gourmet kitchens, soaring ceiling heights and many with luxurious lakeside terraces. Experience this next wave in waterfront living. Priced from $1 million to over $3 million.* Presentation Centre 261 Queens Quay East Monday to Friday 11am – 7pm, Saturday, Sunday and Holidays 12 noon – 6pm 416.514.2710

*Price and specifications are subject to change without notice. Illustrations are artist’s concept only. Building and view not to scale. Tridel®, Tridel Built for Life®, Tridel Built Green. Built for Life.® are registered trademarks of Tridel and used under license. ©Tridel 2015. All rights reserved. E.&O.E. January 2015.

Facebook.com/Tridel

Twitter.com/Tridel

tridel.com

GRAND OPENING

PRICES

SUITES FROM THE MID $200,000’s* Steps to the Subway PRESENTATION CENTRE

2487 BLOOR STREET WEST TORONTO At South Kingsway

Steps to Islington Subway Station.

Find your connection at Islington Terrace. Close to the subway and moments from the QEW and Hwy 427. Surrounded by stately residential neighbourhoods, Islington Terrace is destined to become the defining statement on Etobicoke City Centre’s skyline. Choose from 1 bedroom, 1 bedroom + den, 2 bedroom and 2 bedroom + den suites.

PHONE 416.645.8862 WEB TRIDEL.COM Islingtonterrace@tridel.com

A Tridel Built Green. Built for Life.® community. Rendering has been visually enhanced to better represent the architecture of Islington Terrace. Buildings located at 50 Cordova Ave. and 24 Mabelle Ave. have been removed. The following Islington Terrace amenities spaces will not be complete or available for use at the time of Tower 1 occupancy: Swimming Pool, Basketball Court, Party Room, Dining Room, Games Room, Children’s Play Room, Theatre, Outdoor Lounge, Splash Pool, Sundeck and Children’s Outdoor Play Zone. These amenities will be provided upon completion of futures phases of the development. *Prices and specifications are subject to change without notice. Tridel ®, Tridel Built for Life ®, Tridel Built Green. Built for Life.® are registered trademarks of Tridel and used under license. ©Tridel 2015. All rights reserved. E.&O.E. January 2015.

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Twitter.com/Tridel

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