GTA New Condo Guide, Feb 1, 2014

February 1 - 15, 2014 Volume 18 Issue 03

MOVE IN NOW

INSIDE THIS ISSUE

TAX TIPS FOR HOMEBUYERS

TORONTO: NORTH AMERICA’S CONDO BOOMTOWN

STYLE FILE: SPLURGE VS. SAVE

Tridel. Everywhere you want to be.

tridel.com

FOR THOSE IN THE KNOW.

This is Yorkville at its best.

COMING SOON A NEW SIGNATURE RESIDENCE AT CUMBERLAND AND AVENUE ROAD

PR E VI E W R EG ISTR ATIO N AT TH ECU M B E R L AN D.CA BROkERS PROTECTED.

editor’s note

Buying made easy

Three simple steps

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

Shopping for a home online is a great way to narrow your search, but there’s nothing like visiting the sites, sales offices and model suites to get down to the nitty-gritty. Before you venture out, here are some pointers: First, be clear on what you want and expect in a new home and in your builder. Remember, the range of prices in the new-home market generally reflects differences in location, features and home styles. If a builder’s pricing seems out of whack with others in the area, ask for an explanation. Higher prices could mean better quality materials, finishings, features and service. Make sure that the price you are paying reflects the quality you want.

Second, understand exactly what is included with the home you are buying and what is optional. Ask the sales representative to show you samples, and request a “spec” sheet that clearly lists what is included, as well as any upgrade options.

Third, evaluate any promises that have been made during your visit. Is the builder prepared to put them in writing? Hearsay comments should not be included as part of your evaluation process. Sit down with your sales representative, ask questions and discuss your Agreement of Purchase and Sale in detail – then take it to a lawyer before signing on the dotted line.

Money matters, and your condo purchase

Lydia McNutt

Editor

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

002 new Condo Guide february 1 - 15, 2014

This time of year is fraught with reviews of the past year, and predictions of what lies ahead.

With recent reports calling for a seller’s market to kick off 2014 before balancing out mid-year, some homebuyers may be tempted to put their purchasing plans on hold and wait out the storm – or, more aptly, the bidding wars.

Buying a home is a huge commitment, financial and otherwise.

Here are some tips to follow, regardless of the market conditions.

Buy with your head, not your heart.

The more you know about the real estate market, your needs and your wants, the more confidence you’ll have in your home purchase.

Meet with your financial adviser and mortgage professional to determine what you can – and can’t – afford, and learn about the different types of mortgage products available to you.

By simply rounding up your mortgage payments, or switching to an

accelerated bi-weekly payment schedule, you can shave years off the life of your mortgage, and potentially save a bundle in interest payments.

Stress-test your mortgage against higher interest rates. It’s anyone’s guess how long the current low rates will last.

Consider your other payments as well, such as car and student loans, and other debts you may have. And don’t forget to factor in your lifestyle. If you enjoy dinners out, or winter-time vacations to the sunny south, will you still be able to afford these things while making your mortgage payments?

At the end of the day, most of us buy a home because we need a place to live. This will still be the case, regardless of what is happening in the world of real estate. Buy when you’re ready for the market, not when the market is ready for you. By sitting on the fence and waiting for conditions to ripen, you could be missing out on some sweet opportunities.

P R I VAT E R E S I D E N C E S

AT AVENUE & ST. CLAIR

Take your express elevator home.

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IMPERIALCONDOS.CA 416-925-2501 Exclusive Listing Brokerage MILBORNE REAL ESTATE INC. Brokers Protected. Prices and specifications are subject to change without notice. Illustrations are artist concept. E.&O.E.

FEBRUARY 1 - 15, 2014 NEW CONDO GUIDE 003

new condo guide

contributors

Vice-President, Wall2Wall Media

Jacqueline Hill Editor-in-Chief / Director of Content

Susan Legge Director of Sales, National

Josh Heppner Associate Publisher SWO New Homes & Lifestyle Communities

Susan Maxwell Art Director

Sarah Jang 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 and the principal designer of the Toronto Interior Design Group, specializing in residential and commercial projects. Simard has created designs for clients in Toronto, Montreal and Miami, and appears as a regular guest expert on Citytv’s CityLine.

Visit tidg.ca

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

Barbara Lawlor Barbara Lawlor is president of Baker Real Estate Inc., and an in-demand columnist and speaker. A member of the Baker team since 1993, Barbara oversees the marketing and sale of condominium developments in the GTA and overseas.

Investor Advice

Style File

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

Paul Semkuley is an interior stylist and principal of Re:Source Lifestyles. His love of art, fashion and design brings a unique aesthetic to everything he touches. Visit online at resourcelifestyles.com and follow him on Twitter at @resourcelifestyles.

Andrew la Fleur

Paul Semkuley

Graphic Designers

Caroline Wassef Sandra Hanak-Vujnovic

Published By

#500-401 The West Mall Etobicoke, On M9c 5j5 T 416.626.4200 F 416.784.5867

Call 416.626.4200 for ­advertising rates and information.

Circulation Free distribution in select high-traffic street boxes, stores, banks, financial institutions and select condominium sales offices.

Copyright 2014 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

Fundamentally Speaking

Wayne Karl

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

Make Your Move

quick tips

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.

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. Call 905.829.2219 or email info@WeOrganizeU.com

Chuck Resnick

004 new Condo Guide february 1 - 15, 2014

Hellen Buttigieg

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.

C O N DO M I N I U M R ES I DE N C ES AT YO R K V I L L E & YO N G E

COMING SOON

1YORKVILLE.CA

@BazisInc

RENDERING IS ARTIST’S CONCEPT ONLY

FEBRUARY 1 - 15, 2014 NEW CONDO GUIDE 005

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Lakeshore Rd. Lake Ontario

Cornwall Rd.

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SKY WATER SUCCESS

THE BIGGEST CONDOMINIUM SUCCESS OF 2013!

Following the outstanding success of Sky Tower at Eau Du Soleil Condos NOW OPEN: Water Tower, the next phase of this iconic community.

Fantastic suites are still available, so be part of the success!

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FEBRUARY 1 - 15, 2014 NEW CONDO GUIDE 007

RICHIE SMITH EVERYONES FAVOURITE BARTENDER AT DOG & BEAR, 1100 QUEEN WEST AT DOVERCOURT

THE NEIGHBOURHOOD.RAW. ORGANIC. UNSCRIPTED. coming soon CONDOMINIUMS AT QUEEN WEST & DOVERCOURT FROM THE $280’s Feel the vibe – an eclectic fusion of art, fashion, culture, creativity and style.

Live the life you love at the heart of everything Queen West.

RegisteR now to Join oUR PRioRitY PReView List

ten93QUEENWEST.com 905 326 4100 Exclusive Listing Brokerage, Circle M Realty Corporation, Brokerage. Brokers Protected. Prices and specifications are subject to change without notice. E. & O.E.

008 NEW CONDO GUIDE FEBRUARY 1 - 15, 2014

it’s all about you®

Ten93

Queen

West.

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TEN93 QUEEN WEST RESIDENTS WILL ENjOY THEIR TREND-SETTING pARTY ROOM

LIvE IN THE HEART Of QUEEN WEST AT PEMBERTON GROUP’S ExCITING NEW CONDOMINIUM COMING SOON Ten93 Queen West is coming soon to the southwest corner of

range in size from 470 to 1,160 sq. ft. – all with high-quality features

Queen West and Dovercourt Road. Embracing a raw, organic lifestyle,

and finishes.

this exceptional Pemberton Group condominium will be in the heart of an unscripted neighbourhood known for its cutting-edge dining,

With over 50 years of experience creating successful residential

music and nightlife, theatres, fashion boutiques, and art galleries.

and commercial developments, Pemberton Group has earned a reputation for building outstanding communities across the

Ten93 Queen West is an easy stroll to The Drake and Gladstone

Greater Toronto Area. For an overview of the company’s many

Hotel. TTC service is conveniently located at its doorstep, and the

fine communities, visit PembertonGroup.com. You can also follow

Gardiner Expressway is a short drive away. Nearby are the many

Pemberton on Facebook and Twitter.

recreational facilities at 14.6-hectare Trinity Bellwoods Park. Within steps are hot spots where you can enjoy drinks at the Dog & Bear,

To register now for Pemberton’s newest condominium, Ten93 Queen

and the fabulous food at Samuel J. Moore. Other local favourites

West, please visit Ten93QueenWest.com, or call 905-326-4100

include Julie’s Cuban and Luna Café on Dovercourt, and the burgeoning restaurant strip along south Ossington.

All suites include Pemberton’s high-quality features and finishes

Destined to become an iconic fusion of art, fashion, culture, creativity and style, Ten93 Queen West offers 134 suites in a striking 9-storey building. Amenities include a trend-setting party room with catering kitchen, a fitness room, and a landscaped terrace garden with barbecues for al fresco dining. Residents will benefit from concierge services during service hours, and new retail opportunities on the ground floor.

Priced from the $280’s, choices at Ten93 Queen West will include studios, one-bedroom, one-bedroom + den, two-bedroom, twobedroom + den, plus two-storey urban suite designs. Suites will ADVERTORIAL

009

bild report

Plenty of work put into

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).

T

he future of Ontario’s land-use planning and development charges is now in the very capable hands of Linda Jeffrey.

The Minister of Municipal Affairs and Housing launched public

010 new Condo Guide february 1 - 15, 2014

// By bryan tuckey

provincial consultation consultations in October on the Land Use Planning and Appeals system and development charges which came to a close recently. BILD and the Ontario Home Builders’ Association hosted forums and worked diligently on this project with our provincial government partners to find new ways that Ontario can become even better at building our cities and towns.

This was not an easy process, in no small part because the 80 days that were allotted for public input went by quickly. For this kind of work, 80 days is a short period to provide information that is vital to shaping the future of the Greater Golden Horseshoe in accordance with the provincial Growth Plan.

There are many things that we have brought up in this space along the way.

Firstly, it is becoming more difficult for people to afford a new home.

About 20 per cent of the cost of a new home comes from development charges (DCs) and other government fees, such as Section 37 and parkland dedication fees, according to a report by Toronto-based global real estate consultants Altus Group.

The study involved Toronto, Markham, Oakville, Bradford West Gwillimbury, Ajax and Brampton. Since 2004, those municipalities have increased DCs between 143 and 357 per cent.

Fees need to be used consistently within each municipality. The Altus report says the City of Toronto charged Section 37 fees ranging from as low as $66 per condo unit to $11,806.

When government fees are added to new-home buyers’ mortgages, this also leads to higher interest and HST payments.

In 2012, about $1 billion in DCs and other government fees was paid by the industry and new-home buyers, which contributed to Ontario municipalities’ growth-related infrastructure such as sewers, roads and transit.

In addition to taxes on new housing, outdated zoning bylaws are another concern. Some date back to the 1950s, and most do not conform to the provincial Growth Plan. This can mean months or even years of delays which slow down the process of construction and leads to more costs for new-home buyers.

In this market, relying on new-home buyers to contribute more means there’s a need for a conversation about fairness. Without new-home buyers, the 202,700 jobs created in 2013 and $10.8 billion in wages wouldn’t exist.

The role of the Ontario Municipal Board was also discussed in the consultation. It is responsible for several success stories, including the Distillery District, “The Kings” at King and Parliament and King and Spadina, and 18 Yorkville. It’s essential that the OMB is allowed to do its important work of adjudicating on municipal development planning.

The province has planned for growth in the Greater Golden Horseshoe up to 2031. We feel strongly that municipalities should conform to the Growth Plan whenever possible so we can meet the demands of the 3.7 million new residents and 1.8 million new jobs expected in that period.

Now, we look forward to the next step.

See The Britt from a Different Point of View! new release: The Upper Suites, a limited number of upper floor residences, featuring impeccable services, lavish finishes and forever views.

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FEBRUARY 1 - 15, 2014 NEW CONDO GUIDE 011

table of contents

Feb 1 – 15, 2014 volume 18 issue 03

20 WEST VILLAGE Tour Tridel’s West Village and Experience the Best of the West

002 Editor’s note Columnists

columns, news & features

010 bild report Plenty of work put into provincial consultation by bryan tuckey

026 Designer Advice Energize your highrise

by Yanic Simard

034 taxing issues Deductions, deductions

by henry choo chong

038 Investor Advice The year for condo investors

by Andrew la Fleur

044 Condo Pro Make a list and check it twice by barbara Lawlor

045 legally speaking Financing: What happens if it goes wrong? by jayson schwarz

048 Money Matters RRSPs: They’re not just for retirement anymore

by Gail Vaz-Oxlade

060 Make Your Move Combining households for the first time

by Chuck Resnick

068 Fundamentally Speaking Buying your first home? Four tips to guide your decision

by Wayne Karl

072 Quick Tips If you don’t use it, lost it!

by Hellen Buttigieg

In The News

014 Urbanation Toronto condo market ends 2013 on a high note 032 Realnet 2013 new-home market analysis reveals low supply, high price gap and a road to recovery

condo Living

40

The Daniels Corp.

Builder’s commitment to urban agriculture continues to grow

condo profiles

62

Rockport Group

The Nest Take flight and land at The Nest, the newest residence at Hillcrest Village

94

Pianosi Development Corp.

Perspective Condos Get the White Glove treatment, right-size your future at Perspective Condos

62

046 Emporis Highrise in North America: Toronto continues to lead going into 2014 054 Brandy Lane Homes Wyldewood Cove offers affordable four-season living Homebuyers’ Help

016 Hot Dates What’s happening in and around the GTA 017 Hot Topic Homebuyers’ tax tips 022 Homebuyers’ Help 10 tips for new-condo buyers

94

064 Book Review New book reveals the real risks and rewards of real estate investing

by Susan Legge

076 Hot Topic Tax tips for the young and restless 079 Style File Splurge vs. save

by Sara Duck

082 condo watch 416 Previews, new releases and grand openings in the 416 092 condo Checklist

100 condo watch 905 Previews, new releases and grand openings in the 905 area 106 Style File Contemporary fireplaces by khai foo

109 Condo Buyers’ Resource Section You love the home, see what you can afford 114 Index of advertisers

79

In The News

TORONTO CONDO MARKET

ends 2013 on a high note

“The adjustments made by the industry throughout 2013 to make projects more competitive have begun to pay off. This momentum is expected to help usher in more new projects during the first half of 2014 and boost up sales.”

market in 2013, condo resale and rental activity strengthened last year. This should help improve confidence for new condo buyers, which is believed to be the biggest factor impacting the market,” Hildebrand adds.

Resale condominium apartment sales totaled 15,698 units in 2013, up 2.7 per cent from 2012. Meanwhile, rental condo transactions grew by 28 per cent to 19,628 units – a higher level than resale transactions for the second consecutive year. Condo resale prices increased by an average of two per cent in 2013, ending the year at $418 per sq. ft. Condo rents grew by an average of 4.2 per cent in 2013, reaching $2.37 per sq. ft. in Q4-2013.

“The market displayed noticeable improvement in the final months of the year. The adjustments made by the industry throughout 2013 to make projects more competitive have begun to pay off. This momentum is expected to help usher in more new projects during the first half of 2014 and boost up sales,” says Shaun Hildebrand, Urbanation’s senior vice-president.

The average price for sold units in development grew by 1.3 per cent annually in the fourth quarter to an average of $543 per sq. ft., the slowest pace of growth since 2005. Asking prices for unsold units declined by 0.9 per cent year over year in Q4 to an average of $563 per sq. ft.

“While we saw a soft landing in the new condo

Urbanation’s Condominium Market Survey is a quarterly report that tracks new, resale and future condominium projects. The newest report from Urbanation is UrbanRental, which tracks activity in the condominium rental market. Urbanation also provides the development community with essential consulting services, which include site and topic specific market studies and surveys.

A total of 4,299 new condominium apartments were

up 12 per cent from last year — the best quarterly result since Q2-2012, according to Urbanation Inc., a leading source of information and analysis on the Toronto condominium market since 1981. Total sales for 2013 came in at 13,797 units, representing a 22-per-cent decline from 2012.

Percentage declines in 2013 were magnified due to the record sales volumes recorded in the first half of 2012. The five-year annual average of 19,090 sales remained above the longer-term 10-year average of 17,727 sales per year.

sold in Q4-2013,

014 new Condo Guide february 1 - 15, 2014

NOW ON SALE! Already under construction

HighPark Condominiums is located just moments to Toronto’s largest urban park, steps to a variety of shops and restaurants within Bloor West Village and offers easy and convenient access to the Bloor Subway.

The response to this exceptional new residence within one of Toronto’s most desirable neighbourhoods has been overwhelming.

Don’t wait - Discover your new home at Daniels’ HighPark Condominiums today!

DUNDAS ST W

SUITES FROM THE

$300,000s danielshighpark.com 416.351.1844

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OOR Brokers Protected. Illustrations are artists concepts. Prices, specifi cations and programs are subject to change without notice. E.&O.E. All brand names, logos, images, text and Exclusive Listing: CityLife Realty Ltd. Brokerage.

ST W 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.

015

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2150 Bloor Street West, Toronto HIGH PARK POOL SWIMMING Mon & Tues: 12-6pm, Wed: 12-8pm, Thurs: 12-6pm, T S E WFri: closed, Sat, Sun & Holidays: 12-5pm R O BLO ILLAGE V

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HIGHPARK CONDOMINIUMS PRESENTATION CENTRE

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hot dates

February 2014

Calendar of events taking place from February 1 – 15

highlights

Until Feb 13

Winterlicious

Feb 14 & 15

Casablanca

Until Feb. 13

Feb. 14 & 15

Winterlicious

Casablanca with the TSO

at Various venues across Toronto This annual winter foodie event is your chance to indulge in creative cuisine from around the world. Three-course menus for lunch and dinner offer something new and exotic, or tried and true favourites, dished up at more than 200 of Toronto’s top restaurants at great prix-fixe value. Visit online for a list of participating restaurants and for additional information. winterlicious.com

Roy Thomson Hall, 60 Simcoe St. Cosy up with your sweetheart as the Toronto Symphony Orchestra is showing of one of the most beloved movies of all time, Michael Curtiz’ 1942 classic Casablanca, accompanied by the TSO’s live performance of Max Steiner’s iconic score. Of all the orchestras, in all the towns, in all the world, the TSO is the one to see! Tickets are $39 to $110. For more information and to purchase tickets, visit the website. tso.ca

Feb. 14 – 23

Until Mar. 14

Canadian International Auto Show

Ice Skating

Feb 14 – 23

Canadian International Auto Show

Until Mar 14

Ice Skating at Natrel Rink

Metro Toronto Convention Centre Canada’s largest auto show is back, showcasing over 1,000 new cars, trucks, SUVs, luxury vehicles, motorcycles and more! Shop for future purchases, or see your dream car in the flesh.

You’ll also find the latest technologies, and over 100 exhibitor booths for the newest and hottest car products and services. Tickets are $17 in advance, $23 at the door. Visit online for details. autoshow.ca/cias2014

016 new Condo Guide february 1 - 15, 2014

Natrel Rink 235 Queens Quay West Enjoy a fun and free skate at the city’s most scenic skating rink, tucked behind York Quay Centre and set against the Lake Ontario shoreline – a winter-time tradition for 30 years!

Strap on your helmet and skates (if you don’t own, there are rentals on site) and enjoy the crisp air and the beautiful scenery. Call 416.973.4866 or visit online for details. harbourfrontcentre.com

Riva makes waves

Register at

MONARCHGROUP.NET

Coming this spring to the Etobicoke Humber Bay waterfront.

Private, personal boutique chic.

You’re one of a kind, not one of the crowd. You make your own waves and your home is a refuge of refinement. That’s what Riva del Lago is all about. A more personal experience; right on the waterfront. Register your interest now. Because Riva is not like the rest.

Register at MonarchGroup.net

Waterfront Boutique Condos from the mid $300’s*

discover more

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

first.

MONARCH COMMUNITIES ETOBICOKE WATERFRONT | RIVA DEL LAGO | COMING THIS SPRING | FROM MID $300’s Sales Centre located at 2167 Lake Shore Blvd. W. 416-495-3544

ETOBICOKE WATERFRONT | LAGO | UNDER CONSTRUCTION | FROM $219,990 Sales Centre located at 2167 Lake Shore Blvd. W. 416-495-3544

ETOBICOKE WATERFRONT | WATERSCAPES | UNDER CONSTRUCTION | FROM $399,990 Sales Centre located at 2167 Lake Shore Blvd. W. 416-495-3544 THE KINGSWAY | EPICUREAN | NOW OPEN | FROM $241,990 Sales Centre located at 4195 Dundas St. W. Entrance on Prince Edward Dr. 416-495-3530 SCARBOROUGH | ENCORE | MOVE IN READY | FROM $236,990 Appointment Only Only 1 Suite Remaining 416-495-3544 MARKHAM | GARDEN COURT | UNDER CONSTRUCTION | FROM $394,990 Appointment Only 416-495-3595 DOWNTOWN TORONTO | PICASSO | UNDER CONSTRUCTION | FROM $403,990 Sales Centre located at 256 Queen St. W. 416-495-3549

SALES CENTRE HOURS: Mon.- Thurs. 12pm - 6pm, Weekend & Holidays 12pm - 5pm, Closed Fridays

discover more

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

first.

hot topic

tax tips for the homebuyer Tax credits to ease the pain of this big-ticket purchase

The Home Buyers’ Plan (HBP) is a program that allows you to withdraw up to $25,000 from your Registered Retirement Savings Plan (RRSP) to buy a qualifying home for yourself or for a related person with a disability.

RRSPs aren’t just for retirement anymore. This plan lets first-time homebuyers access their retirement savings tax-free, to increase their down payment and decrease their mortgage amount – and interest paid.

The Home Buyers’ Plan (HBP) is a program that allows you to withdraw up to $25,000 from your Registered Retirement Savings Plan (RRSP) to buy a qualifying home for yourself or for a related person with a disability

Buying a home is a big investment

and a financial commitment – especially as a first-time homebuyer.

Many first-time homebuyers are generally recovering from the first year of moving into their dream home, and all the associated fees, unanticipated closing costs and expenses to maintain the home.

There are a couple of tax credits that homeowners should be aware of when filing their 2013 tax returns.

The HBP withdrawal limit is $25,000 – tax-free – for each you and your spouse, for a combined total of up to $50,000 toward your down payment or other home-purchase related costs.

In order to take advantage of this plan, your RRSP contributions must remain in the RRSP for at least 90 days before you can withdraw them under the HBP. Generally, you will be required to repay all the withdrawals to your RRSPs within a period 15 years to avoid paying tax on that sum. You will have to repay an amount to your RRSP each year until your HBP balance is zero. If you do not repay the amount due for a year, that amount will have to be included in your income for that year, and you will be taxed. february 1 - 15, 2014 new Condo Guide 017

The Homebuyer’s Tax Credit (HBTC) is a federal tax credit of up to $750 is available to qualified first-time homebuyers or homeowners who have not owned a home in the previous four years. This tax credit was introduced in 2009 to ease the burden of closing costs for first-time buyers.

The HBTC is a federal tax credit available to qualified first-time homebuyers or homeowners who have not owned a home in the previous four years Do you qualify for the HBTC?

» Neither you, your spouse or common-law partner may have lived in a house that either of you owned in the year of purchase or any of the four preceding years. » If you are a person with a disability or are buying a house for a relative with a disability, you don’t have to be a first-time homebuyer to qualify.

However, the home must be purchased to allow the person with a disability to live in a more accessible dwelling or in an environment better suited to their needs and care. » A qualifying home is a housing unit located in Canada that already exists or is being built. » A share in a co-operative housing corporation that entitles you to possess, and that gives you an equity interest in a housing unit located in Canada, also qualifies. However, a share that only provides you with a right to tenancy in the housing unit does not qualify.

018 new Condo Guide february 1 - 15, 2014

Why the Home Buyers’ Tax Credit is good for Canada The federal government introduced the HBTC to give Canadians some much-needed tax relief.

As part of the Government of Canada’s $62-billion economic stimulus announced in the Economic Action Plan, first-time homebuyers can get this nonrefundable tax credit to help offset legal fees, disbursements and land transfer taxes.

People with disabilities who move to a more accessible home may also qualify for the tax credit.

The HBTC makes it a little easier to make one of the largest purchases of our lives – a new home.

For more information and tax tips, visit online at cra-arc.gc.ca.

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WEST VILLAGE Take a Tour of Tridel’s West Village and Experience the Best of the West End

020 new Condo Guide february 1 - 15, 2014

of West Village is now complete and the doors are open at Tridel’s highly anticipated new Etobicoke condominium.

With occupancies underway, potential residents have the opportunity to tour and experience firsthand the soaring two-storey lobby, the outstanding amenities and the designer-decorated model suites at West Village.

“West Village truly is Etobicoke living at its best,” says Jim Ritchie, Tridel’s senior vice-president of sales and marketing. “We encourage everyone to drop by our presentation centre and tour the building, along with our four new model suites.”

Ideally situated for today’s urban villager, West Village’s Eva Road location, near Hwy. 427, makes it an easy commute by car or transit to downtown Toronto, and it puts residents just minutes away from Pearson International Airport.

West Village Tower 1, standing at 28-stories tall, features a wide range of floor plans – from 565 to 991 sq. ft. – available in onebedroom, one-bedroom-plus-den, two-bedroom and two-bedroomplus-den configurations. Prices start at $290,000.

Impeccably designed suites offer eight- or nine-ft. ceiling heights, premium plank laminate floor throughout foyer, living and dining areas along with plush broadloom in bedrooms and a high-speed wiring connection point. Welldesigned kitchens feature stainless steel finish appliances, stone countertops and ceramic tile backsplash, while the bathrooms boast deep soaker tubs.

“ West Village is a community that offers an elegant design, remarkable features, finishes and amenities, and a commitment to energy efficiency.”

Jim Ritchie

Residents will also enjoy recreational amenities that feature a party room complete with entertainment bar and kitchen, a theatre, and a boutique fitness facility that includes state-of-theart cardio and weight equipment, an indoor swimming pool, whirlpool and sauna.

“West Village is a community that offers an elegant design, remarkable features, finishes and amenities, and a commitment to energy efficiency,” says Ritchie.

“Yet, its greatest asset may just be its prime Etobicoke location.”

As a community within a community, West Village is surrounded by some of the best that Etobicoke has to offer: Centennial Park, Stadium and Golf Centre, Sherway Gardens and Etobicoke Civic Centre.

Local restaurants and boutiques are nearby, and the development is set amid parks, ravines and nearby green spaces.

With its mix of smart design, well-appointed suites, outstanding amenities, beautifully landscaped grounds, and its proximity to shopping and recreational facilities, West Village is well situated to take advantage of everything Etobicoke has to offer.

To tour the model suites and amenities, or for more information about West Village, visit the presentation centre at 6 Eva Rd., suite 201, open Monday to Thursday from 11 a.m. to 7 p.m., and on Saturday, Sunday and holidays from noon to 6 p.m. Call 416.620.1887 or visit tridel.com for more details.

february 1 - 15, 2014 new Condo Guide 021

Homebuyers’ Help

10 tips for new-condo buyers Buying a home is the biggest purchase most of us will make so it is vital to do your homework to ensure your new home fits your lifestyle and meets your expectations.

An important part of this preparation process is to learn more about all the benefits and resources available through Tarion Warranty Corp., a private company established in 1976 to provide protection

1

A home style that meets your lifestyle

for all consumers who purchase a new home or condominium in Ontario. Tarion does this by licensing and regulating Ontario’s home builders and managing a guarantee fund to ensure that consumers receive the new-home warranty coverage they are entitled to.

Tarion has provided the following tips to help guide new-home buyers through the purchasing process:

2

Read up on local real estate for information about what’s coming up. (Editor’s note: New Condo Guide is the best source for new and coming condo projects around the GTA.) Visit builders’ websites, tour the models, and take photos!

3

Research your builder Call 1.877.9TARION or visit tarion.com for information on registered home builders in Ontario, including their customer service record with Tarion. When you find a builder you like, talk to them about previous developments, and go straight to the source by asking current homeowners questions about their homes and neighbourhoods.

Determine what you can afford Meet with a financial representative to determine a mortgage amount that you can comfortably afford. This ensures that you spend your time wisely on homes within your price range. You should also consider getting a pre-approved mortgage.

4

View Tarion’s online education seminars Understanding Warranty Coverage is an online seminar designed to help you understand your statutory warranty coverage and the process for addressing warranty-related matters. View it at your convenience and quickly move through the presentation to topics that interest you most. Visit the Tarion website for details.

continued on page 24…

022 new Condo Guide february 1 - 15, 2014

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FEBRUARY 1 - 15, 2014 NEW CONDO GUIDE 023

Homebuyers’ Help

5

continued…

Talk with a real estate lawyer

6

Take the time to review Tarion’s Homeowner Information Package, which your builder will give to you before or during the pre-delivery inspection for your new home. This brochure, available at tarion.com, explains your new home’s statutory warranty, and the responsibilities of you and your builder.

It’s important that you meet with a real estate or condominium lawyer before signing an Agreement of Purchase and Sale to make sure you understand exactly what is and is not included in the price of your new home.

7

The pre-delivery inspection

8

Be prepared for the pre-delivery inspection (PDI). It’s your chance to do a thorough inspection of your new home to identify any items that are incomplete, damaged, missing or not operating properly, and have them taken care of before you move in. This is also a prime opportunity to ensure that everything has been built according to your Agreement of Purchase and Sale.

9

Maintain your home through the seasons It’s important to remember that ongoing maintenance helps to ensure that your statutory warranty is protected. So, after you’ve moved in, follow an annual maintenance routine and help keep your new home in top shape.

024 new Condo Guide february 1 - 15, 2014

Read the Homeowner Information Package

Become familiar with the warranty Familiarize yourself with the statutory warranty by visiting tarion.com. You’ll find out more about what is and what isn’t covered by the warranty, as well as time lines and procedures to follow should a warranty-related issue need attention.

You can also register for MyHome, a web-based service that will allow you to manage your warranty online.

10

Enjoy all your new home has to offer!

You’ve done a lot of research, decisionmaking and waiting by the time you reach this point. Now it’s time to enjoy all the wonderful things your new home has to offer. Tarion has a wealth of resources available for new-home buyers at tarion.com. nc

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FEBRUARY 1 - 15, 2014 NEW CONDO GUIDE 025

Designer Advice

photo by Stacey Brandford

Energize your highrise

// by Yanic Simard

Inhabiting a small space doesn’t have to mean living light on character. To keep your home in the sky feeling like a home of your own, here are a few ways to inject a little edge.

Dining

› A single accent wall can be all you need (especially in a compact space) to dramatically change the look, even with wall coverings. Bouclair Home recently added a line of affordable wallpapers in many modern prints for a high-end look at under $30 a roll. › A custom integrated table makes a strong statement while saving space by meeting a wall. Pairing it with transparent chairs (a trendy choice) lets the architectural shape stand out. › For big impact from just a little paint, coat your interior doors in a dark gray to add sophisticated interest. I like using Benjamin Moore’s #2121-10 Gray. › Carpet tiles can be laid in virtually any sized area, either wall-to-wall or as an area rug, and when an inevitable spill takes out a tile or two, they can be easily replaced without continued on page 28…

026 new Condo Guide february 1 - 15, 2014

FEBRUARY 1 - 15, 2014 NEW CONDO GUIDE 027

Designer Advice

continued…

heavy re-investment. The “Hide & Batik” series from FLOR continues to dazzle in my design studio, but I also love their Jitterbug Memories for a modern, playful take on a classic chevron. › Consider using an arcing floor lamp over a dining table for the hip retro-modern look, but they’re also very practical if you want the effect of a pendant lamp without the electrical work (or long-term commitment).

Remove the doors on a cupboard (try the under-used cabinet over the fridge if you have limited space) and create a miniature gallery for photos, books and sculptural art Kitchen

› Remove the doors on a cupboard (try the under-used cabinet over the fridge if you have limited space) and create a miniature gallery for photos, books and sculptural art. You’ll need less storage anyway once you invest in some warm-hued copper cookware and display it proudly on an open shelf or hanging rack – mixing metals is a hot trend so now is the perfect time. › The knobs and pulls in your kitchen are an oft-overlooked detail that can be easily switched up to add a dash of personality. ›H aving your upper and lower cabinets painted two different colours lends variety and a high-end, European look. Try painting the uppers a

lighter shade to open the space, or the lowers a bold hue (such as a raspberry red) to add flavour without overwhelming. › In an open-plan space with wallpaper, here’s how I keep the look consistent from kitchen to dining area: use a single wallpaper in both, and even as the backsplash.

Just have a sheet of glass laid over the paper in the kitchen to create a durable surface.

continued on page 30…

028 new Condo Guide february 1 - 15, 2014

FEBRUARY 1 - 15, 2014 NEW CONDO GUIDE 029

Designer Advice

continued…

Bathroom

› Visitors will always be impressed by a beautiful bathroom, especially when they find something other than the everyday builder’s standard.

Consider upgrading your sink to add a huge punch of colour or texture. Check out Roman Bath Centre for a bright blue porcelain piece, or their sexy black-lace transparent vessel, for some inspiration. › Painting the ceiling a bold colour in a small powder room adds drama without bringing in the already tight walls. In fact, in a high ceiling condo, this can actually make the space feel more proportionate. I recently used Benjamin Moore’s #2054-20 Beau Green for a project and it turned out beautifully. › Replacing a plain mirror with one sporting an intricate frame or modern etched detail adds visual interest in the place you’re already looking the most often. You can even layer a smaller mirror over a large one to get the best of both. › If you have the room, a small piece of unexpected furniture can make your bathroom feel less utilitarian and more like a private spa – a garden stool gives a place to perch a book while soaking in the tub, and a floor lamp (wired safely) adds an extra layer of light and a decorative detail your guests won’t expect.

Living

› Gallery-style art collections are very trendy right now, with people embracing the variety and easy elegance of a mismatched collection. Gather your framed pieces, replace any of the frames that stick out too much with minimal black, white or wood options (or paint them out) and hang them one by one from the centre of the wall outward (starting at eye level) until none are left or the composition feels complete. › Replacing the legs or feet on your furniture, or simply remove the existing pieces and painting them a bright shade, adds a custom detail in an unexpected place.

030 new Condo Guide february 1 - 15, 2014

› Freestanding lamps aren’t the only easy option for improved lighting – plug-in sconces install quickly and typically come with covers that mask the wires trailing down (no need to open the drywall). For a modern industrial vibe consider leaving the wire exposed and painting it red or another high-contrast colour. › Combine your book shelf and side table by simply stacking the biggest books right on the floor. Pile them to about 18 in. next to your favourite reading chair, and top it with a transparent tea-tray for a modern, space-saving look that’s 100 per cent unique to you.

Yanic Simard is the design editor of New Condo Guide and principal designer of the Toronto Interior Design Group. Specializing in residential and commercial projects, Yanic often applies his signature high/low and old/new combination design techniques in developing unique interiors. Simard has created designs for clients in Toronto, Montreal and Miami, and has appeared as a regular guest expert on Citytv’s CityLine. For more information visit tidg.ca.

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031

In The News

Analysis of 2013 new-home market reveals low supply, high price gap and a road to recovery A strategic review of the GTA’s 2013 new-home market conducted by RealNet Canada Inc. and the Building Industry and Land Development Association (BILD) reveals near 10-year low levels of new home supply and sales

“Our analysis of the 2013 housing market data suggests growing evidence that a recovery is underway,” says Carras. The company’s Strategic Review shows monthly sales data collected for the total new-home sales in December pointed to a fifth consecutive month of improved year-over-year results.

“New home sales in December 2013 totaled 1,711, up 79 per cent from the previous year,” adds Carras.

and a near-record high price gap between lowrise and highrise homes, but monthly sales results that suggest a market in the early stages of recovery.

“In a market where the supply of new homes must precede sales, a lack of product, obviously, results in a lack of sales,” says George Carras, president of RealNet Canada Inc. “Simply put, you can’t sell what you don’t have. Our study of the 2013 housing market proved lower supply in the highrise sector due to greater developer discipline, and declines in lowrise supply caused by structural restrictions imposed on the market by government intensification policies.”

Among the 2013 figures released in the Strategic Review, RealNet confirmed that 2013 saw the secondlowest number of total sales for the decade, at 28,406.

This sales total, which reflects 16,201 highrise units sold and 12,205 lowrise sales, was down 23 per cent from the 10-year industry average, and down 13 per cent year over year.

The near-record low number of sales in 2013 was driven by a dramatic slowdown in the number of units introduced to the market. The year saw only 30,054 new units (12,256 lowrise and 17,798 highrise) brought to market, a 22-per-cent reduction year over year, and the second-lowest level of new supply in the last 10 years.

“The GTA remains challenged by constrained land supply and an outdated development approvals process which delays the introduction of new inventory into the market,” says Bryan Tuckey, president and CEO of BILD. “Sales of new homes today will define the jobs of tomorrow, and now is the time for the industry, consumers and government to watch the market, and watch it carefully.” continued on page 33…

032 new Condo Guide february 1 - 15, 2014

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Among the conditions identified in the report, 2013 sales totals show that more than half, or 57 per cent, of all new-home sales in the GTA were highrise, however the total number of highrise units sold was down 13 per cent from 2012, and off 11 per cent from the 10-year average. The 2013 condominium sector also saw average unit sizes reduced by one per cent, to 796 sq. ft., and average unit prices climb by 1.1 per cent to $548 per sq. ft.

The 12,205 lowrise homes sold in 2013 represented the second-lowest total in the last decade, with just two sales more than was recorded in the industry’s nadir of 2008, and 12 per cent from 2012.

Last year’s lowrise sales figures were down 34 per cent from the 10-year average.

The 2013 Strategic Review also confirmed the widening gap between lowrise and highrise pricing, a worrisome trend first identified by RealNet and BILD last year.

Prior to 2011, the average gap in prices between single-family and multi-unit housing was $75,806.

In 2013 the price gap grew to a record $226,016 in September and ended the year at $217,583, a condition Carras calls “extreme.”

“This price gap between highrise and lowrise housing is continuing to grow, a market condition that is the result of intensification policies in action,” says Carras. The Strategic Review’s pricing data analysis shows that the Lowrise Price Index was $654,147, up nearly 3.5 per cent from last year, while the Highrise Price Index only climbed by 0.1 per cent year over year, to $436,564.

“In today’s market, prices for the types of homes we are building less of (lowrise) are rising, while prices for the more prevalent housing type (highrise) remains flat,” says Carras. “The numbers demonstrate that highrise development has become the market’s last, best hope for new-home affordability in the GTA.” Tuckey adds that there are other factors impacting the industry’s ability to deliver homes that people can afford, noting that, “BILD and the Ontario Home Builders’ Association made a submission to the Ontario government advocating for a land-use planning system as well as the development charges system that provides an opportunity to consider streamlining

“ In today’s market, prices for the types of homes we are building less of (lowrise) are rising, while prices for the more prevalent housing type (highrise) remains flat,” says Carras. “The numbers demonstrate that highrise development has become the market’s last, best hope for new-home affordability in the GTA.” improvements and ensure that municipalities are implementing provincial policy, while enhancing accountability and transparency.”

While 2013 proved to be a challenging year with forces contributing to low inventory levels, price increases and fewer product launches, the RealNet Strategic Review does show some positive signs for the sector’s near future.

“Our analysis of the 2013 housing market data suggests growing evidence that a recovery is underway,” says Carras.

The company’s Strategic Review shows monthly sales data collected for the total new-home sales in December pointed to a fifth consecutive month of improved year-over-year results. “New home sales in December 2013 totaled 1,711, up 79 per cent from the previous year,” adds Carras. february 1 - 15, 2014 new Condo Guide 033

taxing issues

// By henry choo chong

deductions, deductions A

Henry Choo Chong is a certified general accountant. He sits on many committees and provides accounting and tax services to individuals and businesses in the GTA. Call 416.485.5225 or email choochonghcga@yahoo.ca

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

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

Q

Last year, my wife and I welcomed her elderly parents into our home. They lived in north Simcoe and we are in Richmond Hill. They loved their home; unfortunately they can no longer maintain it on their own. We can financially and physically help them in their senior years. Can we deduct the money we give them for living expenses? Where and how on our tax return? Ron and Beth, Richmond Hill

034 new Condo Guide february 1 - 15, 2014

The baby boomer generation may have to put personal indulgence on hold for several years, with the financial responsibility of not just university kids but aging parents, too. Our generation (myself included) are blessed with having the people closest to us at home – children and parents.

Unfortunately, neither Mr. Harper nor Ms. Wynne provide a deduction for your financial assistance. However, they do provide a “caregiver” tax credit, which offers a bit of a break on your 2013 taxes owed. You should note: parents must be at least 65 years old and mentally or physically dependant on adult children.

Q

My kids attend pre-school and elementary private institutions.

The cost is astronomical but my wife and I believe it is best for them. How much of the tuition may I deduct, and how? Wong, Toronto

A

Generally, private school tuition is not tax deductible. An attempt was made several years past to deduct private school tuition; however it was politically unpopular and was reversed the following year.

Fees to education institutions may be deductible as childcare and claimed by the lower income spouse. A receipt must be provided by the school for the portion of the fees that are considered “childcare.”

Additionally, depending if there is some religious affiliation, part of the fees may be allocated as a charitable donation. Again, the institution must provide a receipt and qualify for charitable status.

Q

I recently sold a condo investment property. How much income tax will I pay? I calculated that I earned approximately $80,000.

Karim, Mississauga

A

Generally, real estate that is sold for more than its cost may result in a capital gain for the individual. Fifty per cent of the gain must be included in your income tax return in the year of sale.

Using your figures and assuming you have other income, such as from employment, we can use a 40-per-cent tax rate. Therefore, the $80,000 capital gain is reported. Forty thousand (50 per cent of the gain) must be included in income. This is taxed at 40 per cent. Your tax obligation on the gain is $16,000 ($40,000 x 40 per cent) to Canada Revenue Agency.

Consult your accountant/tax adviser before committing to pay any income taxes.

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WESTON RD. & HWY 7 | WOODBRIDGE 2013 PLACES TO GROW COMMUNITY OF THE YEAR

RESIDENTIAL | RETAIL | OFFICE CENTROSQUARE.CA | 905-851-8877 *Purchaser’s Deposit Bond. Restrictions apply. See Sales Representative for details.

All illustrations are artist’s concept only. ©2014 Liberty Development Corporation. All rights reserved. Brokers Protected.

036 NEW CONDO GUIDE FEBRUARY 1 - 15, 2014

NOW SELLING THE FINAL CHAPTEr OF AN EPIC STORY

ICONIC ARCHITECTURE • FABULOUS PARK VIEWS • AT-YOUR-DOOR TRANSIT Legacy Park is the final phase of a master-planned community that has been 10 years in the making. Including a beautiful landscaped Roof Top Terrace overlooking a scenic 5-acre park and an array of suite designs that offer a brilliant fusion of style and substance, this is the grand finale you do not want to miss.

Condos from the $280’s

READY!

BEVERLY GLEN BLVD.

7890 Bathurst St. CENTRE ST.

See Sales Representative for details. All prices, figures, sizes, specifications and information are subject to change without notice.

E.& O.E. All illustrations are artist’s concept only. ©2014 Liberty Developemnt Corporation. All rights reserved.

BATHURST & CENTRE STREET

YONGE ST.

905-731-8302

BATHURST ST.

LegacyParkCondos.com

407

TTC/VIVA

STEELES AVE W.

FEBRUARY 1 - 15, 2014 NEW CONDO GUIDE 037

investor advice

Why 2014 will be the year for the

// by andrew la fleur

pre-construction condo investor

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

I

strongly believe that 2014 will be the best time to invest in a pre-construction condo in Toronto since the recession in 2009. Here are three key reasons why: 1. Developers finally got the memo – the balance of power has shifted We are in a buyer’s market right now. This has not been the case since 2008/2009 during the recession. Developers know that they have to work extra hard to get your attention as a buyer, and so many are acting accordingly with amazing pricing and incentives that once again have made pre-construction condo investing hot.

In 2012 when the market started to slow down, developers were still living in the realities of the past, trying to force sales of overpriced 038 new Condo Guide february 1 - 15, 2014

condos. In early 2013, a few developers started launching new projects at 2011 prices, which performed really well. By late 2013, I would say just about every developer in town figured out that the market was just fine and sales were great – as long as you had great prices to offer your investors!

There are several projects in the pipeline for 2014 that will be priced much lower than resale.

Ultimately, I believe it’s about respect – respect for the condo investor and their role in building this great city, and making all these condo towers a success for the developer and their stake holders. It’s in the developer’s best interest to give the condo investor a strong and compelling reason to tie up their money for four to five years – and I’m happy to say that many great developers have got the message and are going to rock in 2014 as a result.

2. Fewer sales mean fewer completions and future shortages We need around 40,000 new homes in the GTA every year to keep up with population growth.

In 2013 we only sold about 28,000.

In 2014 and 2015 I’m projecting we will probably also sell between 28,000 and 30,000.

The current crop of new condos from the boom of 20102012 will all be completed over the next three years. Based on the low number of sales in 2012 onwards, we will be facing a shortage of new condos in Toronto in 2017. Which makes 2014 the perfect time to buy a

If you buy a condo today for $300,000, in 2019 it would be worth 32 per cent more, or $96,000 in price appreciation pre-construction condo. Condos bought this year will complete between 2017 to 2019 – after the current construction boom is over and demand for rentals and resales will once again outstrip supply.

3. Leverage of time Again, you can buy in 2014, at 2011 pricing, for a project that will not be completed until 2018 or 2019. So you have seven to eight years of potential price and rent appreciation in only four to five years of actual time. This is a huge reason to buy a condo in 2014. Let’s run some basic math to show you an example.

Let’s say that the condo market averages a conservative four per cent increase in average prices each year.

In other words, the prices in 2019 will be 32 per cent higher than the prices in 2011.

So, if you buy a condo today for $300,000, in 2019 it would be worth 32 per cent more, or $96,000 in price appreciation.

Original deposits of $60,000 (20 per cent) means that you will have an appreciation on your investment of 160 per cent, or 32 per cent per year Not too bad!

ASK ABOUT

*

COMING THIS SPRING! TO DOWNTOWN EAST One Park Place North Tower was such an incredible success that we decided to introduce

There are so many reasons to choose ONE

5

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Already under construction, One Park Place South Tower is the newest addition to the internationally recognized and award-winning Regent Park revitalization. Offering incredible views of Lake Ontario as well as the city skyline and situated just steps from some of the city’s hottest new amenities including Daniels Spectrum, the Aquatic Centre and a soon to open 6-acre park, as well as shopping, restaurants and the convenience of the TTC, One Park Place South Tower is the ONE place to be in downtown Toronto.

REGISTER NOW

416.955.0559 danielsoneparkplace.com

SUITES FROM

$199,900

*The First Home Boost Program is only available on a limited number of suites. 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.

%

DOWN

condo living

pictured

DANIELS’ URBAN AGRICULTURE

The Backyard Farm & Market at Erin Mills

commitment continues to grow

w

ithin the Canadian building industry, The Daniels Corporation is leading the urban food revolution through trailblazing initiatives that incorporate urban agriculture opportunities such as gardening plots, greenhouses, edible landscaping and gardening programs into their new home communities across the Greater Toronto Area – and is inspiring other developers to do the same.

Gardening invites green-thumbs to come together, establish a deeper sense of community, and help residents feel connected to the earth in an interactive way.

In 2009, Daniels first introduced urban agriculture with their community gardening plots at OneCole Condominiums in Toronto’s Regent Park. Proving to be a success, they have since taken

040 new Condo Guide february 1 - 15, 2014

this concept to NY2 Condominiums at NY Towers in North York with the incorporation of gardening plots and an edible landscape where residents can enjoy apple trees, Echinacea plants and much more.

HighPark Condominiums in Toronto also showcases Daniels’ commitment to an environmentally sustainable and healthy lifestyle with an array of community gardening plots that will be located on the second-floor gardening terrace.

Moving west to Mississauga, Daniels was the first to introduce community gardening into condominium landscaping by designing a unique interwoven labyrinth of gardening plots for residents to enjoy at Limelight Condominiums. Recently, Daniels welcomed community gardening and a greenhouse to FirstHome Hazelton Place in Erin Mills.

Centrally located within the community, and incorporated into the landscaping, the gardening plots have proven to be a great success with new homeowners of this neighbourhood.

Where gardening plots aren’t feasible for every community, Daniels is constantly coming up with innovative solutions to expand their urban agriculture initiatives. At OnePark West Boutique Condominiums and Townhomes in Regent Park, Daniels collaborated with the Dixon Hall Mill Centre (dixonhall.org ), a non-profit agency that teaches at-risk youth carpentry skills, to create balcony planter boxes for the residents.

Providing not only unique gardening platforms in their communities, Daniels provides urban gardening workshops and seminars to ensure that residents maximize the opportunity to grow herbs, vegetables and

In 2009, Daniels first introduced urban agriculture with their community gardening plots at OneCole Condominiums in Toronto’s Regent Park

And, Daniels urban agriculture commitment keeps growing as the company is also collaborating with Highmark Farms to operate Winter Box Programs at their presentation centres located at Daniels Erin Mills in Mississauga and Regent Park in Toronto’s Downtown East. flowers – and the response has been phenomenal. Daniels has partnered The Winter Box Program consists with Ontario urban agriculture specialists to teach, develop and of baskets containing chemical-free, implement plans to assist residents in using their gardening plots locally grown veggies and efficiently. At the well-attended sessions, residents receive the tools to start additional goods filled with six to and maintain successful gardens that will thrive.

16 items weekly – it’s a healthy and Daniels and Toronto Community Housing, partners in the 69-acre smart way for customers to pick up Regent Park revitalization, have come together to create a Food fresh produce, breads, meat pies Partnership within Regent Park with community organizations and and other items to stock their FoodShare Toronto. The Regent Park Food Partnership will increase pantries. For more information on residents’ access to local, fresh food in addition to hands-on educational the Winter Box Program email programs through a greenhouse, community oven and community box@highmarkfarms.com. gardens in the community’s new six-acre park.

The Daniels Corporation is one In the summer of 2013, Daniels also launched two highly successful of Canada’s preeminent builders/ farmers’ markets: The Regent Park Farmers’ Market, which brought together developers, building more than small-plot growers and artisan-food purveyors with local farmers to offer 24,000 new home communities residents and visitors the best summer produce, baked goods, spices, across the Greater Toronto Area for cheeses, flowers and more. The Regent Park Farmers’ Market also helped over 31 years. Daniels was named nurture the community by providing new business opportunities for local the Tarion Warranty Corporation’s residents. It was also the site of musical performances and artistic activities.

2012 Ontario High Rise Builder of In Erin Mills, Daniels launched The Backyard Farm & Market located the Year and is the recipient of the on the site of their upcoming master-planned community at Erin Mills 2012 Toronto Arts and Business Parkway and Eglinton Avenue West. The Backyard Farm & Market Award presented by the Toronto featured meats, eggs, cheeses and baked goods from local and sustainable Arts Foundation. Among its many farmers and artisanal producers, plus kids’ educational programs, initiatives, Daniels was chosen to therapeutic garden mazes, waste-free kitchen demonstrations and partner with Toronto Community musical performances.

Housing to revitalize Regent Park – 69 acres in Toronto’s Downtown East. Committed to community, pictured Daniels offers innovative programs Residents gardening at Paintbox Condominiums that help people achieve home in Regent Park ownership, champions neighbourhood initiatives that enhance quality of life, and supports numerous charities and non-profit organizations. In 2012, the company was invited to participate in Ryerson University’s Urban Agriculture Summit.

Including urban agriculture opportunities in community designs is a natural offshoot of the Daniels motto, “Love Where You Live.” Visit danielshomes.ca. february 1 - 15, 2014 new Condo Guide 041

CHINESE HOME & CONDO GUIDE 網上 參閱

各式電子工具都可瀏覧

ChineseHomeGuide.com

Chinese home and condo buyers and investors now have a new comprehensive, full gloss real estate magazine to inform and guide them through the buying process in the Greater Toronto Area.

1 25 - Mar 8, 2014 Volume 3 Issue 一月二十五日至三月八日 / Jan

C

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CMY

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

Pick Up Your Copy Today or call us for a free copy at 416.626.4889!

程 迎接馬年慶祝活動 • 馬年運 年青人仕置業攻略 • 大多市 1/15/14 10:12:33 AM 1/14/14 2:55:40 PM 14.indd 1 GTA Chinse Front Cover_0125

newhomeguide.ca 042 NEW CONDO GUIDE FEBRUARY 1 - 15, 2014

the park.

ACTUAL VIEW OF CORKTOWN COMMON PARK FROM THE 11TH FLOOR OF CANARY PARK CONDOMINIUMS.

and everything in between.

COMING SOON TO CANARY DISTRICT URBAN CONDOMINIUMS IN TORONTO’S NEW DOWNTOWN EAST. HOME TO THE ATHLETES OF THE 2015 PAN/PARAPAN AM GAMES AND WINNER OF COMMUNITY OF THE YEAR. SUITES FROM THE MID $200’s.

REGISTER NOW CANARYDISTRICT.COM OR CALL 416.603.7576 @canarydistrict

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the city.

ACTUAL VIEW OF THE CITY FROM THE 11TH FLOOR OF CANARY PARK CONDOMINIUMS.

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

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

FEBRUARY 1 - 15, 2014 NEW CONDO GUIDE 043

condo pro

// by barbara lawlor

Make a list

Barbara Lawlor is president of Baker Real Estate Inc. and an in-demand columnist and speaker. A member of the Baker team since 1993, Barbara oversees the marketing and sales of condominium developments in the GTA and overseas. Keep current with The Baker Blog at blog.bakerrealestate.com

B

uying a new home is one of the most exciting steps you can take in your life. It’s also one of the biggest financial investments you will ever make, so choosing wisely is important.

There’s so much to consider, from location right down to your kitchen counters, and of course, there are many condominiums on the market offering phenomenal choices.

A great way to narrow down your search is to make a list – or in the case of savvy computer users, a

If you have a taste for the modern, you will probably be happiest coming home to a sleek condo with clean lines.

044 new Condo Guide february 1 - 15, 2014

and check it twice

spreadsheet – that includes the items you really have to have, and those that would be nice, but are negotiable. Then, compare apples and apples to get the most for your condominium dollar!

Start with the big picture. Where do you want to live? Under your “location” column, note how far buildings are from your work, your family and the places you go regularly, such as sports venues, club meeting halls, places of worship, etc. Keep in mind that the distance from point A to point B on a map is only part of the picture. It’s a good idea to actually do the drive to these spots and find out how much time it takes with road twists and turns, traffic and the like. If the condo is close to public transportation, you will save a lot of money on gas mileage and wear and tear on your vehicle – and maybe you don’t need to own a car at all.

Keep an open mind, too. Buying in an established area is great, but it can also be wise to consider purchasing in an up-and-coming area where real estate values are likely to rise as the neighbourhood becomes more established – it’s a great way to gain equity.

You’ll also want to consider the exterior of the condominiums you look at.

Are they part of a master-planned community that encompasses parks, landscaping, courtyards and retail venues? Or are you looking for something on the lake? Does the exterior architecture appeal to you? Figure out a rating system and jot notes on your list accordingly.

Don’t forget about the amenities. Today’s common areas are uncommonly beautiful, and you should think of them as an extension of your living space.

Your list could include a pool, fitness room, party room, games room, guest suite, theatre room, rooftop garden, virtual golf and any other amenity you come across. Having these spaces in the building enables you to entertain a crowd, barbecue or play pool with friends, hold a Grey Cup party for the gang and host overnight visitors, regardless of how compact your suite may be.

Remember that even if you think you may not use a specific amenity, these can all add to the resale value of your suite if and when you move in the future.

Next on your list should be features and finishes, and here’s where you need to watch comparing apples and oranges. Your brochure package should have a Schedule A of appointments. Study it carefully. For example, most condos offer hardwood in the main living area, granite kitchen countertops and stainless steel appliances with the purchase price. Those that don’t may carry a lower price tag, but if these items are on your must-have list, then you’ll have to pay to upgrade.

Nowadays you’ll find incentives galore. Again, look at the big picture.

Receiving free upgrades with your purchase price may be just the thing that tips the scale toward one condo over another.

Remember, every piece of real estate you buy is an investment, whether you live in it or not. When you shop, compare fairly, and the best way to do that is to make a list, and check it twice. You’re sure to end up with something nice!

Rising dramatically above Canada’s most iconic intersection, One Bloor is poised to become Toronto’s first truly global address. And not surprisingly, given both the location and the attention paid to every design detail, as of today only 43 of One Bloor’s original 789 suites remain. It’s an opportunity unmatched by any other in the city.

Choose greatly.

ACROSS FROM SHERWAY GARDENS. MOVE IN TODAY WITH UP TO $20,000 CASH BACK.

Suites from

$225,990

Sales Centre

225 Sherway Gardens Rd. 416.695.3535 onesherway.com

LIVE ON TORONTO’S NEW BLUE EDGE, THE CIT Y’S NEXT GREAT WATERFRONT COMMUNIT Y. Sales Centre

291 Lakeshore Blvd E 416.466.8885 mondecondominiums.com

Suites from

$316,000

A NEW L ANDMARK IS UNDER CONSTRUCTION. CANADA’S MOST CONNECTED CORNER.

Suites from

$549,990

A

Sales Centre

33 Bloor St. E 416.922.0081 onebloor.com

Coming soon.

Condos at King & Parliament. Opening Spring 2014.

Urban Towns in Queen West. Coming Spring 2014.

LIVE AT YONGE AND RICHMOND. CIT Y, TOWER AND LOMBARD SUITES AVAIL ABLE. Sales Centre

26 Lombard St. 416.499.8883 yongeandrich.com

Suites from

$280,990

THE STUNNING FOLLOW Up TO X, NOW NEARING COMPLETION AT THE CORNER OF JARVIS & CHARLES.

Suites from

$479,990

Sales Centre

33 Bloor St. E 416.927.0080 x2condos.com

FABULOUSLY ST YLISH CONDOMINIUMS AT KING & CHARLOTTE. MOVE IN THIS YEAR!

By Appointment

416.927.9772 charliecondos.com

Suites from

$946,990

PHASE 3 FINAL RELEASE ON SALE NOW. LUXURY DESIGNER CONDOS AT EXTREMELY AFFORDABLE PRICES IN THE HEART OF ERIN MILLS.

Suites from

$224,990

Sales Centre

4635 Metcalfe Avenue 905.828.4257 hotcondominiums.com

For more information, register at greatgulf.com/comingsoon

Waterfront Living from $316,000

legally speaking

// by jayson Schwarz

Financing:

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 send your questions, concerns, critiques and quandaries.

B

efore you go new-home shopping, visit your bank, trust company or other financial institution to see what amount of mortgage you qualify for. Take your significant other, if you have one, because everyone’s income and assets help. Once you know how much you can borrow, secure the best rate you can and lock it in for as long a period as possible. Don’t be afraid to negotiate – the banks want and need your business. Shop around for rates and lock-in periods.

You should also visit the condo sales centre armed with your knowledge and check what mortgage rate and term the builder is offering. Take note that the builder may have brought the rate down to make his package more attractive or forced his bank

What happens if it goes wrong?

as part of his deal with them to offer special rates. Remember, if your bank’s offered rate and terms are close, you may be able to negotiate a better deal with the builder. If you do not take the builder mortgage you may be able to get some leverage in your overall negotiations as the builder may save money by not having to pay his bank for the better rate. Question this and make sure you understand all of the financing details. Regardless of where you go to get financing, get your commitment in writing!

When we walk into that sales centre, all ready to buy our beautiful new home, perhaps the most important piece of the puzzle we need to have is security in our financial arrangements. A tragedy waiting to happen occurs when you sign an unconditional offer, give your hardearned, harder-saved deposit to the builder and later find out you do not qualify for the mortgage. In other words, don’t buy the home unless you have a mortgage commitment or a conditional deal. This leads us into the next part of the discussion – what happens if your financing goes wrong?

An Agreement of Purchase and Sale for the purchase of land is a contract, and once it is signed it binds both parties to certain obligations.

If either party does not hold up to their end of the arrangement, they can be held liable to the other party for either specific performance or damages. Firstly, if the purchasers default, they will likely lose their deposit. The builder will then have the option of suing to force them to close the deal and pay all legal fees related thereto, or sue them for any damages the builder might suffer before he resells the condo (for items such as interest, changes and price differential) and legal fees.

Sometimes, in a booming market, kindhearted builders will release purchasers who have made a mistake or encountered personal tragedies.

But don’t count on it!

Before you go new-home shopping, visit your bank, trust company or other financial institution to see what amount of mortgage you qualify for The moral of the story is to make sure you have financing or that the offer is conditional for a few days on both financing and review by a lawyer. It is critical you get the right advice, and only a lawyer can provide legal advice – that is the law. When you select a lawyer, find one who cares about you and a long-term relationship. february 1 - 15, 2014 new Condo Guide 045

In The News

Highrise in North America:

Toronto continues to lead going into 2014 Toronto remains North America’s highrise boomtown going into 2014.

With its impressive total of 130 projects, the city heads a ranking compiled

by Emporis (emporis.com), the international provider of building data, of the North American cities with the most skyscrapers and highrises currently under construction. New York City, the “real” centre of North American highrise architecture, only appears in second place with 91 buildings. Montreal then follows some distance behind, with 25 highrises.

Even if the gaps between the top three cities are substantial, New York has in fact been making up ground: Since 2012, the city has recorded a growth in highrise construction projects of 26 per cent, while Toronto’s numbers have receded slightly. While 2012 saw over twice as many highrises under construction in Toronto than in the “Big Apple,” the gap is now only just under a third – and the trend seems to be continuing.

“On the basis of current developments, we assume that New York will catch up with Toronto as early as 2015,” says Matthew Keutenius, senior data analyst at Emporis.

There is one aspect, however, that is common to all the cities in the ranking (with the exception of Houston): The majority of the highrises under construction are residential buildings. In Toronto, Burnaby and Markham, the proportion is 92 per cent, and it is at least 65 per cent in the others. It is notable, too, that current residential highrise construction in Canada comprises almost exclusively condominiums, while in the U.S. it includes a relatively large proportion of rental apartments. By way of skyscrapers and highrises currently under construction by city

130

Toronto NYC

91

Montreal

25

Vancouver

23

example, in Chicago, 80 per cent of the residential highrises currently under construction are to contain rentals. The sole exceptions to the U.S. trend are the cities of Miami and New York, where the residential towers currently underway will offer condominium ownership in 69 and 54 per cent of cases respectively.

Despite Toronto’s significant growth in terms of highrises, set to become clearly noticeable on the city’s skyline in the coming years, New York remains the city with the most completed highrises in North America. As of today, 6,069 of these structures reach for the sky above the “Big Apple” – three times as many as in Toronto.

In compiling the ranking, both highrises and skyscrapers were considered. Emporis defines the former as multi-story buildings of at least 35 metres in height, or of 12 to 39 floors if the height is not known. Highrises of 100 metres or more, or that have at least 40 stories, are categorized as skyscrapers.

About Emporis

Calgary

22

Emporis is a leading database of information about building and construction projects, based in Germany. For over a decade Emporis has helped companies, organizations and individuals stay informed about the building industry.

20

Miami Houston

18

chicago

14

burnaby

12

Markham

12 10

20

30

40

046 new Condo Guide february 1 - 15, 2014

50

60

70

80

90

100

110

120 130

140

150

FEBRUARY 1 - 15, 2014 NEW CONDO GUIDE 047

money matters

// By Gail Vaz-Oxlade

RRSPs:

Gail Vaz-Oxlade is the host of Til Debt Do Us Part and author of Debt Free Forever, and she blogs daily at gailvazoxlade.com.

Follow Gail on Twitter at Twitter.com/GailVazOxlade

W

ith tax season just around the corner, you may be thinking about your RRSP contribution. There was a time when the only thing an RRSP was used for was saving for retirement, but this is no longer the case.

These days, you can use your RRSP as a savings plan for a down payment on a home, among other things. It’s fair to say that the RRSP has become Canadians’ favourite savings account.

The problem with RRSPs being all things to all people is that its wider scope, its greater flexibility, its move from a hands-off-don’tever-touch-this-money retirement plan to a you-can-use-it-wheneveryou-can-justify-it savings account is that the process of identifying your investment strategy has become more complex. Most people say they don’t have enough money to maximize their RRSP and set aside

048 new Condo Guide february 1 - 15, 2014

They’re not just for retirement anymore

a non-registered emergency fund, which explains the overlap between retirement savings and other types of savings that take place within an RRSP. The first question to ask yourself when choosing investments for your RRSP is, “When am I going to use this money?” If you’re using a portion of your RRSP savings as your emergency fund, then keep that portion of the RRSP assets fairly liquid so you can access the money in an emergency. If you’re tapping into your RRSP to buy a home, you’ve got a short- to mediumterm investment horizon and must choose investments that suit. So you’ll have to forgo equities in favour of a more-conservative investment portfolio.

Since you don’t have the time to wait out the bumps in the road that are part of the equity-investment experience, you have to settle for less return.

Being clear on how you plan to use your RRSP dollars is especially important when those dollars are being contributed to a spousal plan or the contributing spouse could find money withdrawn from that plan taxed in his or her hands. The rules for withdrawals from a spousal RRSP state that if money is taken from a spousal plan within three calendar years of a contribution, that money could be taxable at the hands of the original contributor, defeating the original income-averaging strategy.

The first question to ask yourself when choosing investments for your RRSP is, “When am I going to use this money?”

Make spousal contributions by the end of the calendar year as opposed to in the first 60 days of the new year, since spousal contributions are measured on a calendar-year basis. If you delay your contribution, you’ll end up extending the withdrawal period by another calendar year.

Perhaps the toughest part about using your RRSP for myriad purposes is keeping track of which of your RRSP dollars is for what. Here, consolidation may work against you. Instead, consider opening a separate RRSP for each of your purposes and file your statements based on what you’re trying to accomplish. Separate accounts will not only help you stay focused on the purpose for which you are saving, it will allow you to keep your time horizon in perspective.

While the money in your RRSP is yours and you decide how to spend it, don’t sacrifice your long-term goals for short-term ones. It’s easy to get focused on a single objective to the exclusion of all others. To be balanced, look at what you want your savings to do for you long-term, medium-term and short-term. If you’re saving for a home, instead of putting this year’s total RRSP contribution into your “Home Ownership RRSP,” consider dividing it equally between home ownership and retirement. It will take a little longer to get into your dream home, but when you do, you won’t be behind in terms of retirement planning.

LIVE AT STUDIO BE DOWNTOWN SUITES FROM THE

300’S

$

5%

UNDER CONSTRUCTION EARLY 2015 CLOSINGS

UNDER CONSTRUCTION EARLY 2015 CLOSINGS

DOWN PLUS

ONE YEAR FREE

MAINTENANCE FEE OFFER VALID ON ALL REMAINING SUITES.

Nelson St.

University Ave.

Simcoe St.

Duncan St.

Spadina St.

Richmond St.

PRESENTATION CENTRE

Adelaide St.

Presentation Centre: 25 Nelson Street, Toronto Mon. – Thurs.: 1pm – 7pm, Fridays: Closed Sat., Sun. & Holidays: 12pm – 6pm

Brokers Protected, Limited Time offer. See Sales Rep for full details. Prices, Specifications and programs are subject to change without notice. Illustrations are artists concept. E & O.E. *Provided the purchaser completes the transaction on the contemplated unit transfer date the purchaser shall receive a credit on the statement of adjustment in the amount equal to 12 monthly common expense fees relating to the unit and any parking or storage applicable. Deposit 5% down and 10% due on occupancy.

studiocondos.ca • 647.352.7736

Model Suite Compliments of Malibu and Urban Capital.

Smart House – Toronto’s First Micro Condo. Small, Smart and Highly Functional Kitchens. We Make the Micro-Refined go Macro-Sonic.

FEBRUARY2014 Malibu and Urban Capital has been featured as “MODEL SUITE OF THE MONTH” as seen in the New Condo Guide model suite calendar

FEBRUARY 1 - 15, 2014 NEW CONDO GUIDE 051

I BUILD PARTNERSHIPS. “BILD’s timely communications regarding government issues and their seminars and networking opportunities result in our company getting 10 times more from our membership than the volunteer time we spend at BILD. We prefer to work with members so I always ask potential suppliers “are you a member of BILD?”

Jim Andrews, Director Sales & Marketing Fieldgate Homes Builder / Developer Member Since 1960

I AM

Get Involved: bildgta.ca

052

COMING SOON

NIAGARA

45 Boutique Condos and 2 Storey Lofts $300’s FROM THE MID

Bathurst & Niagara

REGISTER NOW:

90niagara.com Prices and specifications are subject to change without notice.

E. & O. E. Rendering is artist’s concept only.

053

In The News

WYLDEWOOD cove

offers affordable four-season living

PICTURED

Avid skiers and snowboarders

The Wyldewood Cove skating rink transforms into a landscape feature in summer

look forward to this time of year, and Blue Mountain is an ideal destination for Southern Ontario residents wishing to frequent the slopes. For those seeking a valuepacked resort-style condominium that will mean less road time in the future, Brandy Lane Homes can help achieve that dream.

Register now for the Winter Grand Opening of Wyldewood Cove – Brandy Lane’s newest Collingwood condominium community. Priced from just $169,990 with the vast majority under $250,000, these beautiful homes will be in Ontario’s ‘Ski and Golf Country.’

“Wyldewood Cove presents a rare opportunity for homebuyers to realize their dream of affordable four-season living right on Georgian Bay and only minutes to Blue Mountain,” says David Hirsh, president of Brandy Lane Homes.

Wyldewood Cove is cradled by a

054 new Condo Guide february 1 - 15, 2014

15-acre nature preserve. On-site amenities include a shore-side trail with a Lighthouse Lookout waterfront pergola, winter skating rink, and year-round pool with change facilities.

Intimate manor-style buildings offer one-, one-plus den, two-, and three-bedroom layouts with sun-filled Great Rooms, a cosy gas fireplace, and open-concept areas perfect for entertaining. Gourmet kitchens are complete with stainless steel appliances and granite countertops.

Spectacular loft-style designs have a full bathroom on the upper level, so they are ideal for teens, guests, or as a master retreat. All homes have recreational equipment storage at the front door, and a spacious terrace with a gas-ready barbecue hook-up.

Since 1985, Brandy Lane Homes has specialized in unique, infill residential development projects, and has earned a reputation for challenging traditional condominium thinking and design. Building upon the success of Wyldewood, the company’s completed Collingwood trail-side community, Wyldewood Cove priced from $169,990 is sure to be another resounding success.

To learn more about Wyldewood Cove and register now for the Winter Grand Opening, visit wyldewoodcondos.ca or call toll free 1.888.445.9608.

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FEBRUARY 1 - 15, 2014 NEW CONDO GUIDE 055

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056 NEW CONDO GUIDE FEBRUARY 1 - 15, 2014

057

// by Chuck Resnick

make your move

Brides & grooms:

Combining households for the first time

with all the necessities married life required, including dishes, cookware and bedding.

For the “new couple” combining households for the first time, proper planning is key to starting off on the right foot in the early years of marriage.

Here are some tips for combining households:

›› Go through each house together, and identify which items are duplicates.

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

Talk about each item honestly. If you can legitimately use two of something in your new life, such as televisions or stereos, go ahead and keep both, but don’t wait to have the discussion on moving day.

›› Do the same evaluation for small items, such as silverware, as you do for

the larger items. These smaller items can add up quickly, and often produce the most basement or attic clutter.

›› Organize with boxes and coloured markers, and purchase a variety of box

V

alentine’s Day is approaching, and love is in the air. But if you’re moving in together for the first time, it can be stressful.

These days, first-time brides and grooms are older than ever before, according to recent census figures.

The median age for men marrying for the first time is now 28 and it’s 26 for women – that’s 30 per cent older than in 1960.

Because today’s first marriages are occurring later in life – not to mention second or third marriages – more often the modern dilemma is whose couch stays and tallying how many flat-screen TVs the couple has between them.

When couples married 40 years ago, they were barely into their 20s and often still living at home. The traditional wedding shower carried great value as it supplied newlyweds

060 new Condo Guide february 1 - 15, 2014

sizes before you begin, so you can appropriately tag and box those items that you’ll keep and those that you no longer need or want.

›› Think about donating to those in need. If a garage sale isn’t of interest,

consider donating to local churches or synagogues, homeless shelters or the Salvation Army.

Experts agree that couples can successfully blend two households if they take time on the front end to address the move. The key, as with all organizing projects, is proper planning.

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FEBRUARY 1 - 15, 2014 NEW CONDO GUIDE 061

condo profile

Take flight and land at

The Nest,

the newest residence at Hillcrest Village

t

here’s a new migration in Toronto – to The Nest in Hillcrest Village, a ninestorey midrise that offers unobstructed bird’s-eye views all around, especially to the city skyline from its perch, surrounded by quiet residential neighbourhoods.

The Nest sits proudly on the southwest corner of St. Clair Ave. West at Hendrick Ave., the newest component of the ever-changing, ever-evolving Hillcrest Village. Lush tree-lined streets, older homes and a close-knit community make this established neighbourhood feel like a small and vibrant village. It’s where residents can escape the bustle and

062 new Condo Guide february 1 - 15, 2014

the stress of the city – without ever having to leave town.

Friendly people, wonderful restaurants, excellent shopping, big green spaces and a hopping (but not intrusive) nightlife make this the neighbourhood Torontonians are re-discovering in flocks.

The Nest is big on style, thanks to the collaborative efforts of the award-winning design and development team of The Rockport Group, RAW Design architects, interior design firm II BY IV Design, and landscape architects Janet Rosenberg & Studio. The Rockport Group is in its 57th year as a developer with a long list of successful residential communities as it leads the way in the development of innovative infill urban communities.

Hillcrest Park and Wychwood Barns Park provide green space within a stroll of The Nest “We pride ourselves on achieving a human scale in our projects,” explains Jack Winberg, Rockport’s president and CEO. “We’ve got third- and fourth-time purchasers buying from us. That’s because we contribute to the community when we build. We’re part of it all – shopping, parks, residences. With The Nest, we’re kick starting a resurgence to bring in new people who want to move here, to be a part of it all.”

Hillcrest Village is definitely part of it all, as home to trendy shops, boutiques, popular restaurants and cafés like The Rushton, The Stockyards and Chocoalatte.

Wychwood Barns is the heart of this regenerated neighbourhood – a unique and treasured complex offering artist live/work space, conference and event space, public growing areas, as well as a covered street for markets and shows.

Hillcrest Village is nestled among Toronto’s most noteworthy

neighbourhoods – the Annex and Forest Hill, with its venerable institutions, Upper Canada College and Bishop Strachan School, and growing areas like Oakwood, Humewood, and Corso Italia running along St. Clair Avenue West. Hillcrest Park and Wychwood Barns Park provide green space within a stroll of The Nest. The St. Clair streetcar is at your doorstep, offering ease and convenience to reach the downtown core.

The Nest invites residents to spread their wings and live large in an open-concept space that’s sleek, stylish and intimate. Many suites offer oversized terraces and balconies with enviable city views. You can also enjoy the expansive rooftop terrace with friends and family.

In addition to suites that vary in size from 444 to 1,250 sq. ft., there are fabulous, one- and two-storey penthouses with a handful having private rooftop terraces. All suites feature European-inspired kitchens with granite or quartz counters and integrated appliances, along with hardwood throughout. Penthouses will have ceiling heights of 10 ft. with nine-ft. ceilings in the balance of the suites.

Building amenities include a stunning lobby, main-level lounge/flex space with a library and fireplace, and a spectacular rooftop terrace showcasing unobstructed panoramic city views, destined to be a gathering spot for residents living within this intimate building of only 122 suites.

There will also be the convenience of retail shops at street level, a pet mud room and gym.

On its exterior, the contemporary, tiered styling of The Nest features a façade of clay brick, Fibre C and floor-to-ceiling windows. The south elevation of The Nest reveals expansive outdoor spaces by virtue of its stepped design. It will include a green roof with water conservation features along with geothermal heating and cooling on site providing long-term benefits to residents and the environment. Construction is expected to begin in the fall of 2014 with occupancy in early 2016. Suites are priced from the mid-$200’s.

The site will open in the fall at 784 St. Clair Ave. West. Sign up for The Nest’s early-bird registration at thenestcondos.com or call 416.223.0003. february 1 - 15, 2014 new Condo Guide 063

Book Review

New book offers the low-down on the real risks and rewards of investing in real estate // by Susan legge

You’ve seen how easy renovating and flipping real estate properties is on TV, and you think you’d make the perfect landlord while making piles of money, right?

Now give your head a shake and check out Julie Broad’s new book or change the channel.

Broad’s book, More Than Cashflow: The Real Risks & Rewards of Profitable Real Estate Investing, puts some much-needed advice into the hands of wannabe real estate investors considering making a career out of building a profitable portfolio of properties.

A Canadian investor herself, Broad took a step-by-step approach with her new book – which went to number one on Amazon.ca – by providing some basic strategies and fundamentals about the investment real estate market, and she did it without pulling any punches.

“We help you get into real estate investing without the hype that comes with far too many newsletters, blogs and programs in the market today. But you will

have to work for it,” says Broad. The book covers plenty of ground, including ways to increase cashflow using rent-to-own strategies, tips on finding and keeping tenants, the low-down on property managers and ideas about where to invest.

There’s even a chapter on female intuition – love that! Much of the advice comes from the real-life adventures of Broad’s own investments with (and without) her husband, Dave. Interestingly, the couple’s most successful investments were mutually agreed upon at the outset.

In terms of the time commitment an income property demands, Broad says it depends on how many properties you have and whether you hire someone to oversee tasks such as finding tenants and property maintenance. “It may take an hour or two a month, or it could be a full-time job,” she says. And costs can add up. Placement management fees, for example, can take a chunk of cash out of your pocket, but the time you save on getting the right tenant may be well worth the investment, particularly if you’re looking at a property that’s difficult to rent or if you can’t spare the time yourself to show the property to potential tenants.

Overall, investors should look at a property before purchasing it based on three strategies: > Will the property appreciate over time? > Will you be paying down the mortgage quickly using the rental income? > Will you be creating cash flow? continued on page 66…

064 new Condo Guide february 1 - 15, 2014

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Book Review

continued…

“ We help you get into real estate investing without the hype that comes with far too many newsletters, blogs and programs in the market today. But you will have to work for it,” says Broad.

Rent-to-own

The rent-to-own strategy of purchasing a home is still an option, as people see that the Canadian real estate market is strong and the likelihood that home prices will increase is high. The rent-to-own scenario is a good one if you’re thinking about buying a property with the idea of selling to the tenant using the rental income, but you need to be sure to have a proper legal agreement in place, says Broad. “If the tenant suddenly decides the property isn’t worth buying, what recourse do you have if they walk away?”

Get educated

When it comes to getting more info and a better understanding of your local investment market, Broad suggests websites such as meetup.com, which often have specific networking opportunities for investors.

066 new Condo Guide february 1 - 15, 2014

Hearing about others’ experiences is the best way to learn, and getting suggestions from those who have been there and grown from the experience is a great way to avoid pitfalls. Since it takes more than the length of an average TV show to become an investment expert, people like Broad who offer their own real-world accounts of both successful and unsuccessful strategies are essential to any future flipping star.

Broad’s book is available on her website, revnyou.com or online at indigo.ca and amazon.ca

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067

fundamentally speaking

// by wayne karl

Buying your first home?

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

Four tips to help guide your decision

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.

01 How much can you afford? Experts agree it is never a good idea to make yourself house-poor, and it is a very common mistake, particularly of first-time buyers, to buy more home than 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.

02 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 insurance. All of these costs add up, and ultimately should factor into your overall home-shopping budget.

W

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: it really depends 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

068 new Condo Guide february 1 - 15, 2014

03 Where do you want to live? This question is becoming more important for a number of reasons, though influenced primarily by where you work, how much of a commute you want, and whether your transportation options include mass transit or only driving. Indeed, especially with gas prices on the rise, 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.

04 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, semidetached or single-family?

Some many questions, so many choices. The good news is, homebuilders today are in sync with customer preferences for location and amenities, and with market realities with regard to pricing and needs for energy efficiency, so your options for new-home product have never been better.

Real Estate Brokerage

FEBRUARY 1 - 15, 2014 NEW CONDO GUIDE 069

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quick tips

If you don’t use it,

// by hellen buttigieg

it’s time to lose it

T

here are many charities that will take things you no longer need, so don’t hold on to items just because you have them. If they’re of no use to you, it’s time they stopped taking up your space and moved on to a home where they’re needed. Hold a garage sale if you have the time. The money you earn can go toward new purchases once you’ve carved out some extra space.

Get a jump-start on de-cluttering Hellen Buttigieg is a certified professional organizer, life coach, TV host, owner of We Organize U and author of the best-seller, Organizing Outside The Box. For tips on getting organized, visit WeOrganizeU.com and sign up for the free newsletter.

Have you been storing items for years with the intention of having a garage sale, but never get around to it? Pull out your calendar today and book a definite date to have it.

Books collecting dust?

Although I keep a collection of books that I re-read or refer back to, I make it a habit to use the one-in/one-out rule. I love books and my house would be overrun with them if I didn’t employ this habit a long time ago. Any time I’m tempted to buy a new book, I remind myself that if I do, I will have to let one go. This encourages me to borrow books from the library when possible. I often get questions about what to do with books that are no longer used and are taking up space. Donate books in good condition to your local library, hospitals or schools. There is even a great program that sends books to troops (Books for Soldiers BooksForSoldiers.com).

Toy toss Put aside time with the kids to go through their old toys and decide what they want to donate. Remind them they need to make space if they want new toys. Drive to the charity together and drop off the toys. Remind the kids how kind and giving their gesture was, and that less-fortunate children will truly appreciate their donation. It’s never too early to start teaching children about charity.

Clean out your storage space If your storage area is cluttered, it’s a good time to tackle it. Empty out the entire space, or work in sections (depending on the amount of clutter and the amount of time you have to clear it). Place like items together in categories. Also create a pile for things that you no longer need or want. Heavy-duty shelving units and clear bins work great for storing these items within their categories. Brackets and hooks work for large items. Don’t forget to take the discarded items to the dump if they cannot be sold or donated.

continued on page 74…

072 new Condo Guide february 1 - 15, 2014

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quick tips

continued…

Put aside time with the kids to go through their old toys and decide what they want to donate. Remind them they need to make space if they want new toys.

Have you been putting off your garage sale?

Have you been storing items for years with the intention of having a garage sale, but never get around to it? Pull out your calendar today and book a definite date to have it. Blocking the time now increases the likelihood of following through with it later. Another option is to forgo the garage sale entirely and donate these items instead.

Has your clutter expired?

If you can’t quite bring yourself to let go of certain items, even though you aren’t using them, consider packing them in a box and writing a ‘best before’ date on it six months away. Put this date on your calendar as a reminder. If you don’t go into that box again before the expiry date, donate it to charity without opening it again. This provides you with a cooling-off period, making it easier to detach.

Out with the old, in with the new Is your outdated home office equipment slowing you down?

Maybe it’s time to upgrade or replace it. Or, have you replaced your equipment but kept the old laptop or printer ‘just in case?’

Take back your space and give your office a fresh start by letting go of the old. Do this and I predict your productivity will increase in the years ahead!

Having trouble deciding?

Clutter is the result of postponed decisions. When you are de-cluttering, make the keep/ toss/donate decisions easier by asking yourself whether the item serves a purpose or adds beauty or meaning to your life.

Getting organized is not about getting rid of all your stuff, it’s about honouring what truly serves you and letting go of what’s just taking up space.

If you don’t love it or use it, it’s time to lose it.

Have you replaced your equipment but kept the old laptop or printer ‘just in case?’ Take back your space and give your office a fresh start by letting go of the old. Do this and I predict your productivity will increase in the years ahead!

074 new Condo Guide february 1 - 15, 2014

oct 23 - nov 6, 2010 | new condo Guide 074

FEBRUARY 1 - 15, 2014 NEW CONDO GUIDE 075

Hot TOPIC

tax tips

for the young and restless For Canadians under 35, it is likely that last year brought at least one major life change, such as finishing school, starting a family, or moving homes. All of these events can affect a tax return. Cleo Hamel, a tax specialist at H&R Block, offers the following tips to maximize your return:

Graduated with student loans?

Relocated for work or school?

Had a bundle of joy?

If you’re a recent college or university graduate, chances are you have racked up some student loans. Did you know the interest paid on government loans is a tax credit? Also many low-income Canadians, like students, qualify to use tax software for free. For example, if you earn less than $20,000 a year, H&R Block At Home Online allows you to prepare and file your return for free, when it is convenient for you.

If you have packed the truck and travelled more than 40 kilometres to a new job last year, then you may be able to claim moving expenses such as transportation, storage and meals. Moving expenses are one of the most commonly reviewed credits, so make sure you keep your receipts in case Canada Revenue Agency asks for proof.

Parents can claim the Child Tax Credit for each child under the age of 18. If one parent cannot use the entire amount, the unused portion can be transferred to a spouse or common-law partner.

Don’t miss out on the tax credits you are entitled to claim, says Hamel. Take the pain out of doing your taxes by using tax preparation software. It gives you step-by-step tips to identify every possible deduction or credit, and it ensures you get the maximum refund. NC

076 new Condo Guide february 1 - 15, 2014

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newhomeguide.ca

style file

splurge vs save If you’re buying a new condo, you’re probably on a tight budget. Don’t fret! With free expert advice from interior stylist Paul Semkuley, we show you where to save and where to splurge for each room in your home.

Paul Semkuley is an interior stylist and principal of Re:Source Lifestyles. His love of art, fashion and design brings a unique aesthetic to everything he touches. Visit online at resourcelifestyles.com and follow him on Twitter at @resourcelifestyles.

// by sara duck

bedroom splurge

save

Mattress and box spring Approx: $1,500 – $3,000

Although it is the least glamorous item to buy for the bedroom, it is the most important. A good mattress will make all the difference in getting your beauty sleep each night. “The mattress should last you at least 10 years,” says Semkuley.

“Especially when you purchase it with the coordinating box spring, [which] absorbs up to 50 per cent of the body’s impact.” Semkuley also suggests getting comfy and cosy in store by laying on the mattress like you would normally sleep, to see if the mattress is a right fit. Whether you prefer one that is firm, made of organic material, or one that comes with a pillow top for extra comfort, buy the best one you can afford.

Emmie Spets Sheet Set in White. $45. Visit ikea.ca

Table Lamp. $70. Visit bouclair.com

Hemnes Three Drawer Chest in Gray-Brown. $150. Visit ikea.ca

Tip Don’t try to save money by using an old box spring with your new mattress.

A mattress and its accompanying box spring work together for better support, keeping the mattress in good shape longer.

Fact A study conducted in Canada, the

U.S., Mexico, UK, Germany and Japan found that a comfortable sleep surface and cosy sheets and bedding were rated the most important romantic elements in all six countries.

Seagrass Block Headboard. $200-$390. Visit pier1.ca continued on page 80…

style file

continued…

kitchen splurge

save

Free-Standing Range Approx: $2,000 – $5,000

Appliance shopping can be daunting – especially when you are deciding on a big purchase like a free-standing range (hot plate on top, oven underneath).

But this important appliance will make your cooking life easier if you spend a little more on a quality piece that is tailored to your needs. “Having a gourmet range will make a huge statement in your kitchen. It will definitely add value to your home while you live there, and especially if you plan to sell your home,” says Semkuley.

Gourmet Settings Non-Stop Flatware. $50 for 20-piece. Visit bedbathandbeyond.ca

Bodum Chambord Four Cup French Press with Locking Lid. $50. Visit thebay.com Royal Doulton Gordon Ramsay Maze White Dinnerware. $100 for 16-piece set. Visit bedbathandbeyond.ca

Tip There are plenty of options when it comes to your range, such as gas, electric and induction. Determine which type of fuel you will use based on what you have available and your personal cooking preference.

Fact A study conducted by Visa

Canada suggests 60 per cent of Canadians dine out once or more per week.

Hamilton Beach 1.7L Dome Electric Kettle. $60. Visit thebay.com

living room splurge Sofa Approx: $3,500 – $5,000

The living room is the main hub of any home. It’s where you will do most of your entertaining, and it’s the place you will go to snuggle and watch movies together.

It’s important, then, that you invest in a sofa that not only looks good, but is comfortable, durable and functional for your space. Paying a little extra now, means a sofa will last through the years. “When you have great bones in a sofa, you can always reupholster it, knowing that you will have the same comfort that you have enjoyed for so many years,” says Semkuley.

080 new Condo Guide february 1 - 15, 2014

save Sequined Striped Pillow. $49. Visit chapters.indigo.ca

Bendale Rug by Korhani Home. $134 for 5x7. Visit rona.ca

bathroom splurge Vanity and Countertop Approx: $2,500 – $4,000

You may think this is an odd pick to invest your money in, but the vanity is a key item for the bathroom. Don’t forget you will be using the vanity every day, multiple times, opening and closing doors and exposing it to moisture. “The most important need of the vanity must be function,” says Semkuley.

“Spending more on cabinetry that is made of solid wood will last much longer in a ‘wet’ environment than those made of a pressed wood compound.”

Tip Buy a vanity that is proportionate to your space. You may have room for a big vanity but little room for anything else.

save Simply Fine Lenox Chirp Bath Ensemble. $50. Visit bedbathandbeyond.ca

Heritage Aged Iron Chandelier by Hampton Bay. $99. Visit homedepot.ca The Beverly Mirror by Tangerine Mirror Co. $80 for 24 by 26 in. Visit homedepot.ca

Fact In 1890, the Scott Paper

Company first manufactured toilet paper on a roll, much as we know it today.

Fiona Bath Towels in Coral. $14. Visit bedbathandbeyond.ca

Box Frame Coffee Table in Mango Wood. $429. Visit westelm.com

Tip When sofa shopping, look

Floor Lamp. $140. Visit bouclair.com

for a sturdy frame that does not wobble or creak, but sits squarely on the floor. Also, pay attention to fabric detail – you want a fabric that will wear well for every day use.

Fact According to BBM Canada, the average Canadian adult watches 30 hours of television a week.

february 1 - 15, 2014 new Condo Guide 081

condo watch

HighPark Condominiums

by The Daniels Corp.

Condos now on sale, where modern urban meets Mother Nature. Register today.

Web: DanielsHighPark.com

Casa III

by Cresford

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 Core Condos

by CentreCourt Developments

Ten93

by Pemberton Group

An eclectic fusion of fashion, art, culture, creativity and style is coming soon to Queen West and Dovercourt. Register for information.

Web: Ten93QueenWest.com

The Britt

by Lanterra Developments

Now on sale, the “one” place to be in downtown east. Coming soon on Sumach south of Dundas. Register for information.

Web: DanielsOneParkPlace.com

Palazzo at Treviso III

by Lanterra Developments

Coming this fall to Dufferin and Lawrence.

Register now to stay informed.

Web: TrevisoCondos.com

Cinema Tower

by The Daniels Corp.

Urban towns coming soon to the Long Branch neighbourhood. Register today.

Web: MintoLongbranch.com

The Nest

by Rockport

New townhome community now open in Etobicoke. Visit the presentation centre.

Web: Menkes.com

101 Erskine

by Tridel

The grand opening is now on! An urban oasis at Yonge and Eglinton.

Web: Tridel.com/101erskine

The Epicurean

by Monarch

Experience a slice of the finer things in life, now open in The Kingsway.

Web: MonarchGroup.net

Water Tower

by Empire Communities

Harmony Village

by City Core Developments

Imperial Plaza

by Camrost Felcorp

Harbour Plaza

by Menkes

Biyu at Emerald City

by ELAD Canada

Boutique living starts on the 34th floor at Yonge + Rich, with 150 private residences coming soon. Register now.

Web: YongeAndRich.com

Dwell City Towns

by Menkes

Now open, a new urban waterscape offering inspired condo living in the award-winning Eau Du Soleil community.

Web: EmpireWaterTower.com

Live in perfect harmony with comfort, convenience and culture, at Sheppard and Warden. Register today.

Web: HarmonyVillage.ca

Twenty Lombard

by Great Gulf

Now open in this key Eg-West location. Get connected, live life on tomorrow’s fast lane.

Web: EmpireTheHub.com

Landing soon in Hillcrest Village. Register today to stay informed.

Web: TheNestCondos.com

Coming soon to Toronto’s lap of luxury.

Register online to stay informed.

Web: 1Yorkville.ca

Register now to connect with Toronto’s ultimate love/work/play address.

Web: Menkes.com

Chaz.Yorkville by 45 Charles Ltd. & Edenshaw Homes

The HUB

by Empire Communities

Minto Longbranch

by MintoUrban Communities Inc.

1 Yorkville

by Bazis/Plaza

Now open: a dramatic new condo in this master-planned community at Spadina and Queen.

Web: Tridel.com

One Park Place, South Tower

by The Daniels Corp.

Brownstones at Westown

by Lindvest

Intriguing, innovative, smart condos at Queen and University. Register for info.

Web: SmartHouseToronto.com

SQ at Alexandra Park

by Tridel

New release of spectacular penthouses is coming soon to this premier Yorkville neighbourhood. Register now.

Web: ChazYorkville.com

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

Web: CinemaTowerCondos.com

Smart House

by Urban Capital/Malibu

new releases & grand openings

Condos with European flair now open at Bay and Wellesley. Register now.

Web: LanterraDevelopments.com

Coming soon in 2014 to the core of the city, near Church and Dundas. Register now.

Web: CoreCondos.com

Discover tremendous value at Weston Road and Sheppard Avenue West. Visit online and register for community updates.

Web: Lindvest.com

082

A new fashion icon is rising in the heart of Yorkville. Lobby to be furnished with Hermés. Register now.

Web: CasaCondominium.com

Coming soon, new condominiums at Emerald City, at Sheppard and Don Mills.

Register now to stay informed.

Web: BiyuCondos.com

Westinghouse Lofts

by Easton’s Group/Remington

Coming soon to King and Blue Jays Way. Register to stay up to date.

Web: KingBlueCondos.com

Now under construction. Visit the new sales centre at 1499 Yonge St., north of St. Clair.

Web: ImperialCondos.ca

Love Condominiums

by Gemterra

Now open! Visit the new sales centre and designer-decorated model suite at Sheppard and Birchmount.

Web: LoveCondominiums.com

88 Scott

by Concert Real Estate Corp.

The Award Series has arrived! Limited collection of one-bedroom, one-bedroomplus-den and two-bedroom view homes.

Web: 88Scott.com

GTA Edition February 1 - 15, 2014

Your complete source for condos, lofts and townhomes in Toronto

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

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

# Builder 6 Cresford Development Corp.

7 The Daniels Corporation 8 Cresford Development Corp.

10 Empire Communities 15 Tridel Corporation 17 Rockport Group 23 Tribute Communities 25 Tridel Corporation 26 Bazis Inc. 27 The Daniels Corporation 28 Empire Communities 31 Worsley Urban Partners 35 Menkes Developments Inc. 37 Cresford Development Corp.

52 Cresford Development Corp.

52 Cresford Development Corp.

58 Great Gulf Homes 99 Great Gulf Homes 140 Eden Shaw 140 45 Charles Ltd. 149 Camrost - Felcorp 155 Lifetime Developments 162 Pianosi Developments 190 Cresford Development Corp.

192 MintoUrban Communities Inc. 199 Fieldgate Homes 202 Bazis Inc. 202 Rio Can 202 Metropia 215 Dundee Kilmer Developments 217 Pemberton Group 217 Baywood Homes 218 Malibu Investments Inc. 218 Urban Capital 222 Lamb Development Corp.

1 Goldman Group & Lash Dev. Corp.

1 Goldman Group & Lash Dev. Corp.

2 Great Gulf Homes 3 Concord Adex 3 Concord Adex 3 Concord Adex 3 Concord Adex 3 Pinnacle International 3 Concord Adex 4 Gairloch Investments 4 Tridel Corporation 5 Onni Group of Companies 5 Onni Group of Companies 8 Cresford Development Corp.

8 Cresford Development Corp.

9 Aspen Ridge Homes 11 Menkes Developments Inc. 11 Menkes Developments Inc. 12 North Drive Investment 13 Streetcar Development 14 Canalfa Group 16 Freed 18 Urban Capital 18 Urban Capital 19 KIngstone Road Development 20 Menkes Developments Inc. 20 Tower Hill Development Corporation 21 Easton’s Group 21 Remington Group 21 Easton’s Group 21 Remington Group 22 Monarch Corporation *TH: Townhomes, C: Condo

Site Telephone TH* C* Price Range Page Finder Merton Yonge Condominiums 416-484-1900 • from $350,000 116 & IBC 14e High Park Condominiums 416-351-1844 • from $300,000 15 8L NXT 416-977-5300 • • from $350,000 IBC 8N The HUB 416-784-3482 • from $250,000 6 9F 101 Erskine 416-480-0700 • from $286,000 IFC 14D The Nest 416-223-0003 • from $250,000 61 11H The College 416-363-4800 • from $320,000 47 M14 Spadina Queen 416-661-1949 • from $350,000 IFC 15D No1 Yorkville 1yorkville.ca • 5 15I One Park Place South Tower 416-955-0559 • from $200,000 39 18k Water Tower at Eau Du Soleil 416-503-3328 • from $320,000 7 25B Totem Condominium 416-792-1877 • from $250,000 65 15H 87 Peter menkes.com • Insert 15M Lofts 399 416-867-3999 • from $590,000 IBC 14L CASA 2 416-977-1100 • from $290,000 IBC 15L CASA III 416-486-2272 • from $250,000 IBC 15L Monde 416-466-8885 • from $316,000 Insert 17M One Bloor Residences 416-922-0081 • from $550,000 Insert 15I Chaz Yorkville Condos 416-922-0045 • from $350,000 31 16J Chaz Yorkville Condos 416-922-0045 • from $320,000 31 16J Imperial Plaza 416-925-2501 • from $986,000 3 15I The Bond Condominiums 416-546-7525 • • 27 15G Perspective Condos 416-242-3500 from $280,000 93 4H 1000 Bay 416-485-3000 • from $360,000 IBC 15J 30 Roe 416-915-3812 • from $350,000 73 14D 90 Niagara 90niagara.com from $350,000 53 14O E Condos 416-243-8688 • from $300,000 19 14E E Condos 416-243-8688 • from $300,000 19 14E E Condos 416-243-8688 • from $300,000 19 14E Canary District Condominiums 416-603-7576 • from $250,000 43 18L TEN93 Queen West 905-326-4100 • from $280,000 8-9 12F TEN93 Queen West 905-326-4100 • from $280,000 8-9 12F Smart House 416-292-0219 • from $230,000 51 15L Smart House 416-292-0219 • from $230,000 51 15L The Harlowe 416-363-1771 • from $260,000 71 15M 530 St. Clair Ave. West 416-868-0500 • from $344,000 12H the rushton rushtonliving.com • from $344,000 12H Yonge+Richmond 416-499-8883 • from $278,000 16K Grand Parade 2 at Concord CityPlace 416-813-2999 • 15M ParadeTWO Park Collection at Concord CityPlace 416-813-2999 • from $308,000 15M Quartz 416-813-2999 • • 15M Spectra 2 416-813-2999 • • 15N The Marquee Townhomes on thePark pinnacleuptown.com • from $700,000 20K Grand Parade 2 at Concord CityPlace 416-813-2999 • 15M 383 Sorauren 383sorauren.com 9L Aqualina at Bayside 416-514-2710 • from $350,000 16E Garrison at the Yards 416-260-2600 • from $190,000 14n West Lake 416-260-2600 • from $240,000 14N NXT 2 416-977-5300 • • from $300,000 8N NXT2/Phase Two 416-977-5300 • • from $210,000 8N VU 416-970-9500 • • from $370,000 16L Pears on the Avenue 416-323-0100 • from $382,000 14I 365 Church 416-591-7700 • from $250,000 14I The High Park 416-670-3699 • from $300,000 8L Trinity Lofts 416-690-2988 • from $330,000 19l Liberty Place 416-537-0047 • • from $170,000 12N 155 REDPATH 416-996-5428 • from $210,000 14D River City 416-862-0505 • • from $250,000 18L River City 2 416-862-0505 • • from $250,000 18L The Glen 416-694-3333 • from $255,000 23H Fabrik 416-591-7700 • from $250,000 14M 2221 Yonge 647-350-2221 • from $200,000 14E King Blue Condominiums 416-599-1355 • from $200,000 12N King Blue Condominiums 416-599-1355 • from $200,000 12N Westinghouse Lofts 416-599-1355 • from $200,000 12N Westinghouse Lofts 416-599-1355 • from $200,000 12N Picasso on Richmond 416-495-3549 • 14M

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

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

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

Builder

Site

Tridel Corporation Greenpark Homes Bazis Inc. Pinnacle International Pinnacle International Tower Hill Development Corporation Madison Homes Lamb Development Corp.

Centre Court Development Concord Adex Conservatory Group Times Developments Inc. MintoUrban Communities Inc. MintoUrban Communities Inc. Lanterra Developments Lindvest Canalfa Group Pemberton Group Lamb Development Corp.

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

Tridel Corporation Harhay Developments Carttera Fernbrook Homes/Cityzen Dev. DHD Developments Lamb Development Corp.

Harhay Developments 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 Homes Plaza Bazis Inc. Metropia Plaza Pemberton Group The Daniels Corporation The Daniels Corporation The Daniels Corporation Pinnacle International Great Gulf Homes 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 Aspen Ridge Homes Cityzen Fernbrook Homes Fernbrook Homes Urban Capital Malibu Investments Inc. Alit Developments Tre Memovia Developments Lifetime Developments Castlepoint/Cityzen/Fernbrook Sorbara Group Streetcar Development Camrost - Felcorp 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 Burnac Corporation Lifetime Developments Centre Court Development Streetcar Development Menkes Developments Inc. Freed Carttera Solotex Mod Developments Inc. Reserve Properties Castlepoint/Numa Torbel Group TAS DesignBuild Lamb Development Corp.

Lamb Development Corp.

Freed Mansouri Living Menkes Developments Inc.

*TH: Townhomes, C: Condo

Telephone

TH* C*

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Page

Ten York 416-596-9888 • from $1020,000 Axiom Condominiums 647-352-4077 • from $225,000 One Yorkville 1yorkville.ca • Success Tower at Pinnacle Centre 416-360-0673 • from $750,000 33 Bay Residences at Pinnacle Centre 416-925-3325 • from $375,000 Churchill Park Condominiums 416-966-9080 • from $900,000 The Madison 416-482-8090 • from $420,000 Riverside Towns 416-368-5262 • from $460,000 Core Condos 416-598-2673 • from $220,000 Infinity The Final Phase 416-214-1988 • from $300,000 Milan 416-928-7409 • from $520,000 The 500 Condos + Lofts 416-960-0606 • from $400,000 King West 416-367-5464 • from $210,000 775 King West 416-367-5464 • from $330,000 3018 Yonge In Lawrence Park 416-787-8882 • from $390,000 B Streets 416-532-6636 from $320,000 Liberty Central by the Lake 416-537-0047 • • The Uptown Residences 416-987-3500 • from $950,000 The Brant Park 416-368-5262 • from $262,000 Foundry Lofts 416-531-7760 from $399,000 The Brownstones 5 416-531-7760 • from $350,000 Brownstones 416-531-7760 • from $305,000 The Upper Canada Condominium 416-489-5194 • from $1800,000 The Upper Canada Condominiums 416-489-5194 • from $1.8,000 Schoolhouse 416-979-1333 • from $595,000 Flatiron Lofts 416-368-5262 from $243,000 300 Front Street West 416-217-0300 • from $324,000 One Eleven Condominiums & Lofts 647-347-4111 • from $250,000 One Eleven Condominiums & Lofts 647-347-4111 • from $250,000 Pier 27 Waterlink 416-367-3456 • from $800,000 Condos at The Distillery 416-361-1322 • from $400,000 The King East 416-368-5262 • from $435,000 East Condos & Lofts 416-368-5262 • from $310,000 King West 647-341-1731 • from $346,000 Four Seasons Private Residences Toronto 416-775-7500 • from $1900,000 Four Seasons Private Residences Toronto 416-775-7500 • from $1900,000 Seventy Seven Charles Yorkville 416-203-7034 • from $2100,000 Market Wharf 416-861-8181 • from $260,000 Library District Condominiums 416-861-8181 • from $222,000 Brownstones in Davenport Village 416-531-7760 from $245,000 Brownstones on the Park 416-531-7760 • from $260,000 Charlie 416-927-9772 • from $251,000 Ivory On Adelaide 647-341-1731 • from $279,000 Exhibit 416-967-7778 • Exhibit 416-967-7778 • Exhibit 416-967-7778 • U Condominiums 416-546-6605 • from $2500,000 One Park West 416-955-0559 • from $406,000 One Park Place Condominiums 416-955-0559 • from $200,000 Festival Tower 416-203-2020 • from $350,000 The Pinnacle on Adelaide 416-596-1600 • from $334,000 X2 416-927-0080 • from $303,000 X2 416-927-0080 • from $303,000 Bisha Hotel & Residences 416-637-2211 • from $274,000 88 Scott 416-216-8588 • Art Condos 416-535-7775 • from $530,000 Riverhouse at the Old Mill 416-766-7343 • from $520,000 Two Old Mill 416-645-7022 • from $356,000 Old Mill 416-645-7022 • from $450,000 RCM I on University 647-351-9247 • from $393,000 Queen & Portland 416-363-4800 • from $315,000 5 St. Joseph 416-928-0555 • • from $250,000 5 St. Joseph 416-928-0555 • • from $250,000 DNA 3 416-929-1030 • from $220,000 Post House Condominium 416-964-2777 • from $350,000 12 Degrees 416-408-1200 • from $350,000 The Berwick 416-922-9425 from $280,000 The Mercer 416-597-6940 • from $350,000 Studio on Richmond 647-352-7736 • from $300,000 Backstage on the Esplanade 416-777-2533 Backstage on the Esplanade 416-777-2533 Vero 416-798-7070 from $250,000 Tableau Condominiums 416-591-8887 • • from $450,000 Tableau Condominiums 416-591-8887 • • from $350,000 Tableau Condominiums 416-591-8887 • • from $350,000 Carmelina 416-423-8500 • from $325,000 The Yorkville Condominiums 416-987-3344 • • from $550,000 L Tower 416-777-2533 • from $410,000 thirtytwo Camden 416-860-0060 • from $240,000 8 Gladstone 416-690-9009 • from $335,000 Yorkville Plaza 416-966-3003 • • from $350,000 133 Hazelton Residence 416-926-9900 • 210 Simcoe 416-217-0210 • from $200,000 Five Condos 416-928-0555 • • from $375,000 Five Condos 416-928-0555 • • from $375,000 Rise 416-546-7399 • • from $290,000 Model Suite of the Month • Neon 416-987-7878 • from $470,000 The Carlaw 416-690-8588 • from $200,000 Allure Condominiums 416-487-7600 • from $350,000 Cinema Tower Condominiums 416-203-2020 • from $450,000 FAD Condos 416-815-1818 • from $250,000 South Hill on Madison southhillonmadison.com • from $200,000 INDX 416-987-4639 • INDX 416-987-4639 • The Carnaby 416-690-9009 • from $250,000 Noir 416-977-8780 • from $250,000 SIXTY Colborne 416-601-0060 • from $300,000 SIXTY Colborne 416-598-7775 • from $300,000 Upper Beach Townes • The Massey Tower 416-966-0197 • • from $320,000 109OZ 416-531-4844 • from $300,000 The Sterling 416-777-2533 • • from $230,000 Wallace Walk 416-531-1818 • from $210,000 Duke Condos junctionlife.ca King Charlotte 416-368-5262 • from $416,000 Theatre Park 416-368-5262 • from $537,000 Thompson Residences 416-360-0600 • from $280,000 The Perry 416-926-7555 • from $390,000 Harbour Plaza menkes.com •

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

Finder 12F 17L 15I 17m 17m 13H 14E 19L 16L 16m 15I 17I 14M 14M 14B 13J 12N 16J 14M 9I 9I 9I 14G 14G 13i 20J 15M 13M 13M 17N 18L 18L 18L 13N 15I 15I 14J 17M 17M 9j 9J 14M 17L 14i 14i 14i 15K 18J 18J M14 15M 16J 16J 16m 17M 12N 5L 5L 5L 14M 15I 16J 16J 12N 16L 15L 14D 15M 15M 17M 17M 17M 15L 15L 15L 23J 15G 17L 14L M12 14H 14I 15M 15J 15J 12H 12H 14D 19K 14F 14M 14M 13I 16M 16M 12M 15M 16L 16L 24G 16L 12M 9L 9L 8K 15M 16M

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

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Lindvest ELAD Canada Liberty Development Corp.

Lanterra Developments Brandy Lane Homes Tridel Corporation The Daniels Corporation Concord Adex Torbel Group YYZed Project management Tridel Corporation Tridel Corporation Lindvest Concord Adex Concord Adex Concord Adex Concord Adex Conservatory Group Torbel Group Emery Condominiums Tridel Corporation Tridel Corporation Castle Royale Development Norstar Group of Companies Menkes Developments Inc. MintoUrban Communities Inc. Devron Developments Canderel/Stoneridge DHD Developments Aspen Ridge Homes ELAD Canada ELAD Canada The Brown Group of Companies Kantium Development Lanterra Developments Lanterra Developments Fram Building Group The Daniels Corporation Tribute Communities Fram Building Group/Cadillac Fairview

*TH: Townhomes, C: Condo

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Price Range

Page

Grand Cornell Brownstones in Markham lindvest.com from $350,000 97 Emerald City Condominiums 416-492-0001 • from $256,000 75 World on Yonge 905-771-7010 • from $284,000 35 Treviso III 416-787-8882 • from $250,000 23 The Station 416-398-9777 • from $420,000 55 Trio at Atria 416-645-8866 from $258,000 IFC NY2 416-221-3939 from $220,000 25 Opus 416-813-2999 • • The Avanti Condominiums 416-636-0400 from $390,000 VISTO vistocondos.ca from $220,000 Hullmark Centre 416-733-2883 • from $524,000 Aristo at Avonshire 416-730-0300 • from $383,000 The Brownstones at Westown lindvest.com from $330,000 Tango at Concord Park Place 416-813-2999 • • from $236,000 Discovery at Concord Park Place 416-813-2999 • Discovery II at Concord Park Place 416-813-2999 • • from $210,000 Tango2 at Concord Park Place 416-813-2999 • from $265,000 Pearl 2 Condominiums 416-512-1818 • Diva DivaCondo.com from $250,000 The Essential 905-887-4888 • from $250,000 Argento 416-663-1818 • from $562,000 Alto at Atria 416-645-8866 • from $288,000 The Palm Condominium Residences 416-306-1000 • from $400,000 Portrait Condominiums 416-282-9600 • from $300,000 Gibson Square 416-730-9722 • from $385,000 88 416-915-3805 • from $325,000 Flo Condominiums 647-799-0356 • from $250,000 Aura At College Park 416-962-8688 • from $995,000 Gooderham 416-361-1322 • from $410,000 Scenic on Eglinton 416-805-1781 • Dreamtower At Emerald City 416-492-0001 • from $248,000 Biyu Emerald City biyucondos.com • from $250,000 Willow Park at Bayview 416-221-6767 • from $400,000 Posh Condominiums 905-771-0134 • from $544,000 Treviso Condominiums 416-787-8882 • from $250,000 Treviso II 416-787-8882 • from $250,000 LIV Lofts 416-445-5638 • from $250,000 NY Place 416-221-3939 • from $250,000 Canterbury 647-352-2130 • • from $700,000 Flaire Condos 416-445-8868 • from $320,000

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

Finder 4C 24C A18 12F 12D 24C 19C 22C 17C 8E 18D 18D 4C 22C 22C 22C 22C 17C 11C 20E 22e 25D 17B 13C 17C 18c 18c 16K 18l 23G 24C 24C 21 16A 12F 12F 22F 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

1

2

3

4

5

6

8

21 22

bio

26

e

Islington Ave

al

Kipling Ave

Martin Grove Rd

10

62

Bl

vd

1

2A

40

Dixon Rd

Etobicoke Rathburn Rd

19

8 ll R Mi

44 Bloor St W

d

Dundas St W

Queensway

70

11 53 3 56 39 4 37 6 33

Gardiner Expressway Evans Ave

Horner Ave

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

5 Park Lawn

35

50 14 51 34

Royal York Rd

Scarborough

d

Ranforth Dr

409

ett R Scarl

Westway

h

*TH: Townhomes, C: Condo

25

d

Re

QEW

Builder Lash Group of Companies Monarch Corporation Queenscorp Residences Liberty Development Corp.

City Core Tridel Corporation Esquire Homes Windcatcher Development Corporation Henderson Development Limited Stanton Renaissance Stanton Renaissance Monarch Corporation Monarch Corporation Conservatory Group Great Gulf Homes Menkes Developments Inc. Pemberton Group Carttera Camrost - Felcorp Camrost - Felcorp Graywood/Beaverhall Development Monarch Corporation Davies Smith Monarch Corporation Empire Communities Averton Homes Tridel Corporation Amexon Development Corporation Monarch Corporation Tridel Corporation Edilcan Development Corp.

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

24

nR

27

60

23

Finch Ave W

23

7

# 10 18 25 28 38 44 1 1 2 2 2 4 5 6 7 7 8 10 11 11 15 18 20 29 33 34 35 37 39 42 45 46 50 51 55 56 60 61 61 62 65 70 71

Al

Humberline Dr

Av e

20

401

Centennial

Da nf or th

19

xd

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Ki

18

Passmore Ave

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Sy

17

East Ave Port Union Rd

n sto 1

ng

Ki

Manse Rd

72

RD

Galloway Rd

St. Clair Ave 1

Orton Park Rd

Markham Rd

McCowan Rd

Bellamy Rd

Lawrence Ave E

Scarborough Golf Rd

n Dr

orto

16

427 Morrish Rd

71

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

Victoria Park

g

Progress Ave

Brim

Eglinton Ave E

f

29

15

Sheppard Ave E Conlins Rd

2

Brimley Rd

Warden Ave

Pharmacy Rd

e

61

Birchmount Rd

d

Kennedy Rd

Ellesmere Rd

401 Midland Ave

55 401 31

Milner Ave

14

Beare Rd

1

13

Meadowvale Rd

Sheppard Ave E

Ave

Morningside Ave

evin

McL

12 Reesor Rd

Huntingwood Dr

c

11 Sewells Rd

Finch Ave E

b

10

Neilson Rd

McNicoll Ave

9

Tapscott Rd

McCowan Rd

A

7

65

Lakeshore Blvd W

Site Telephone TH* C* Price Range Page Finder Cloud 9 Condominiums 416-747-0199 • from $220,000 99 22B Riva del Lago 416-495-3544 • from $350,000 Insert 24c Watermark 416-354-2221 • from $307,000 91 19D Terrace on Danforth 416-987-7575 • from $235,000 35 2F Harmony Village Sheppard HarmonyVillage.ca from $238,000 67 2C West Village 416-620-1887 • from $290,000 IFC & BC 21F Three Seven Condos & Lofts esquirehomes.ca • from $210,000 11D Atwater Condos 905-271-5038 • from $280,000 12B Centro 416-296-1898 • from $185,000 6D On The Go Mimico 647-692-8417 • from $250,000 23C On The Go 647-692-8417 • from $250,000 23C Nautilus at Waterview 416-203-6636 • from $400,000 25H The Epicurean 416-495-3530 • from $250,000 23F Altitude 416-321-1659 • from $230,000 25H One Sherway Condominiums 416-695-3535 • 16G One Sherway Condominiums 416-695-3535 • 16G Palais at Port Royal Place 416-239-8200 • from $260,000 23F Cloud 9 Condominiums 416-800-0812 • from $240,000 22B ilofts at Mystic Pointe 416-251-8888 • from $310,000 25G California Condos 416-251-8888 • from $242,000 25g Ocean Club 416-255-4663 • from $250,000 24C Lago 416-495-3544 • from $200,000 24c Eleven Superior 416-259-8882 • from $220,000 23C Encore 416-495-3544 • 5D Beyond The Sea Star Tower Condominiums 416-979-1333 • • from $400,000 24H Evolution 416-747-9691 • from $250,000 22G Parc Nuvo at Essex 416-231-0999 • from $456,000 22g South Beach 416-252-3000 from $209,000 25H Waterscapes 416-495-3544 • 26H Ventus at Metro Gate 416-293-5535 • from $314,000 4c One Valhalla 416-233-5554 • from $239,000 21F Park Towers at IQ 416-253-5838 • from $220,000 22G Vivid Condos 416-239-8200 • from $250,000 23F Westwood Condominiums 416-239-9888 • from $250,000 23F Avani At Metrogate 416-293-5535 • from $240,000 4C Jade Condominiums 416-762-8818 • from $293,000 24G Nature’s Path 416-745-6686 • • from $270,000 11E 2150 Condos 416-750-2150 • 3E Haven On The Bluffs 416-2611-9555 • from $160,000 3E Lexington 416-638-8444 • from $240,000 21C South Shore 416-913-2136 • from $350,000 22H Qube Condos 647-351-7823 • from $200,000 24G Me Condos 416-430-0003 • from $150,000 8D

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

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

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

torontoregionalmaps: Scarborough, Etobicoke

087

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21 22

Va lle yP ar kw n Do

26

Park

Ave

2

8

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

Builder

Site

58 GREAT GULF

#

Monde

416-466-8885

1

Park Lake Residences Grand Parade 2 at Concord CityPlace

Pemberton Group

waterfrontmaps: Toronto

3 Concord Adex

088

Telephone

TH* C*

Price Range

Page

Finder

• • from $304,000

insert

416-769-4343

• • from $250,000

3F

416-813-0999

15M

•

17M

3

Concord Adex

Quartz

416-813-0999

• •

15M

3

Concord adex

ParadeTWO Park Collection at Concord CityPlace

416-813-0999

• from $308,000

15M

4

Monarch Corporation

Nautilus at Waterview -

416-203-6636

• from $400,000

25H

4

tridel corporation

Aqualina at Bayside Toronto

416-514-2710

•

16E

6

Plazacorp/Berkley Community

West Harbour City

westharbourcity.com

• from $327,000

13E

7

Lifetime Homes

Waterparkcity – Neptune

416-203-3700

•

13f

8

Concord Adex

ParadeTWO Tower Residences

416-813-0999

• from $287,000

14f

8

Concord Adex Grand Parade at Concord CityPlace

416-813-0999

• from 293,000

14F

8

Concord Adex

416-813-0999

• from $389,000

14F

Panorama at Concord CityPlace

8

Concord Adex

Panorama Elite Suites at Concord CityPlace

416-813-0999

• from $1,135,000

14F

8

Concord Adex

Luna Vista at Concord CityPlace

416-813-0999

• from $2,213,000

14F

8

CONCORD ADEX

Spectra

416-813-0999

• •

14F

8

Cresford Development Corp.

NXT at Windermere By The Lake

416-977-5300

• • from $300,000

11f

8

Cresford Development Corp.

NXT2/Phase Two

416-977-5300

• • from $210,000

4E

9

Conservatory Group

Infinity Condominiums

416-214-1988

• from $250,000

14f

11 CAMROST FELDCORP

California Condominiums

sunsetcondos.ca

• from $242,000

25G

14 Canalfa Group

Liberty on the Park Condominiums

416-537-0047

• from $363,000

10F

15 Malibu investments inc.

LTD

416-601-2223

• from $200,000

12F

18 Fernbrook Homes/Cityzen Dev.

Pier 27 Residences On The Lake

416-367-3456

• from $300,000

11F

18 URBAN CPITAL

River City 2

416-862-0505

• from $250,000

18L

29 PINNACLE INTERNATIONAL

33 Bay Residence at Pinnacle Centre

416-925-3325

• • from $375,000

17M

60 CANALFA GROUP

Liberty Central by the Lake

416-537-0047

12N

*TH: Townhomes, C: Condo

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

•

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

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

Brock St N

Dryden Bv Anderson St

King St W Bond St W

Park Rd S

Phillip Mur

TH* C*

Price Range

Lake

og

Scug

Manvers

Page

Finder

Scugog

416-354-2221 48

• from $307,000

91

416-503-3328

• from $320,000

7

905-271-5038

• from $280,000

19D 25B

Newcastle 12B

Oshawa

Dr

Ce rem on ial

Qu ee nS tE

St W

Ra th bu rn Rd W

or Qu Dr ee n

Ro ya lW ind s

Sh Sp erid ea an km P an ark Tr Dr Dr us co tt Dr

Th eC oll eg ew ay

La ke sh or eR dW

Stanton Renaissance

On The Go

647-692-8417

401 • from $250,000

5

United lands

Stonebrook Condominiums

905-822-8858

• from $270,000

9E

8

chestnut hill development

San Francisco By The Bay

905-831-3631

• • from $180,000

23J

10 Pemberton Group

Bluwater Condominiums

416-987-8800

• from $350,000

5J

11 Monarch Corp.

Waterscapes

416-495-3544

• from $390,000

25C

13 GREEN HILL HOMES

Princeton Manor

905-849-1818

• from $210,000

6G

14 Phantom Developments

Jade Waterfront Condos

416-251-0707

• from $250,000

24G

15 GRAYWOOD DEVELOPMENTS

Ocean Club

416-255-4663

• from $250,000

24C

18 MONARCH CORP.

Lago

416-495-3544

•

24C

20 DAVIES SMITH

Eleven Superior

416-259-8882

• from $220,000

23C

23C

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

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

waterfrontmaps: GTA

Uxbridge

Si

Bloor St

Lindsay

2

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

Park Rd S

Whitby 7 Waterfront

Stevenson Rd

Wentworth St

Centre St.

401

Gibb St

Thornton Rd

Atwater Condos

Adelaide Ave

Kendalwood R

Schomberg

8

Garrard Rd

King Water Tower at9Eau Du Soleil

Telephone

Blair St

48

Hopkins St

Cannington

Rossland Rd

Manning Rd

Garden St Blair St

Ajax-Whitby

a

Keswick

Shoal Point Rd

ew

riv

Georgina

n

Bayly St E Georgina Island 33 caygeo Bob

East Gwillimbury Further North Waterfront

Bradford Tecumseth and Watermark Tottenham

Brock St S Henry St Gordon St

Sim

Cochrane St

e 401

Alliston,

400

Bv

ke

La

McQuay

Sp ee rs Rd La ke Ma sh cD or eR on Cor ald nw dE Rd all Rd

Taunton Rd W

Town of Whitby

Whitby

*TH: Townhomes, C: Condo

eS co Sim

Stevenson Rd

Garden St

Baldwin St S

Country Lane

Conlin Rd

Dundas St E

co

Pickering Beach Rd

Harwood Ave

ly

25

Rossland Rd

Townline Rd

Audley Rd

Mara

Westney Rd S

eD

Bay

Lakeshore Blvd E

To Os

Thornton Rd

Thickson Rd

1518 20

R

Taunton Rd WWaterfront Etobicoke

Oro

Finley Ave

La Br ke id sh ge or Rd eR dW

Church St E

16 28

Evans Ave

Coronation R

Lakeridge Rd

Bu rn ha m th or pe Rd E

8 Con

Garrard Rd

Halls Rd N

Audley Rd

Rd

26

Village of Gardiner Expressway in 1411 Brookl 2

Queensway

Horner Ave Rossland/Winchester

Salem Rd

Up pe rM idd le

25

Baldwin St N

Eg Bu lin to rn Ra n ha th b m u th rn or Rd pe E Du Rd nd Th W as eQ St ue E en sw ay

Br ita nn ia Rd W

Av eW St ee les

Duffs Rd

24

Park Lawn Cedarbrook T

Royal York Rd

De rry Rd W

Stevenson Rd

Ashburn Rd

Cochrane

Country Lane

Lake Ridge R

d ll R Mi

4 Sideline R

Salem Rd

Westney Rd N

Bu rn ha m th or pe Du Rd nd W as St W

d

orth Dr

23

Brawley Rd Bloor St W

QEW

Kingston Rd

Barrie

21 22

Dundas St W

Town of Ajax 11

Adjala 9

4 Sideline

6 Sideline

Greenwood Rd

windcatcher development corp.

Fifth Conces 12 11 9

Magill Dr

Lak

Mono

4 Sideline R

Rd Ravenscroft

0

25 queenscorp residences 0 28 empire communities 1

93

400

20

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

69

400

Beeton, Site

89

Shelburne

Essa

19

Mississauga Taunton Rd E Waterfront Orillia

Church St S

Hwy 5

k Builder

Squires Beach Rd

Tosorontio Everett

7

Delaney Dr

Montgomery F

D

Paddock Rd

Church St N Riverside Dr Notion Rd

Angus

Brock Rd

Sandy Beach

nt

J

Sunnidale Oakville Granite Court 90 Waterfront Lisle

Whites Rd

Rd ak rlo Bu

u1g0 em ou

Vespra 401 Liverpool Rd

24 ings K

16 Sideline

Glenanna Rd

Appleview Rd

Spruce Hill Rd e Lin

Stroud's

Ro

1

27

4

Highview Rd

Sheppard Ave

#

Brock Rd sR Oak jor Ma Valley Farm

6

Wasaga Beach

I

69

Rossland Rd

Liverpool Rd

Fairport Rd

No ttin gh ll G Finch iAve ate

18

Columbus Rd

Bracebridge

27

3 Concession

17

Myrtle Rd W Rathburn Rd

6 Concession

Tay

nR Devo

Ke rr St

d

1

400

Brock Rd

Midland d

W QE

R ton

7 Concession

w th ra Rd

4 Concession Dr Ford

Dixie Rd

Altona Rd

25

Whites Rd

Rd

Tr em ai hne R d

Rd

RdRosebank Rd

d eR Lin

Rd Thornbury

Rd

Brock Rd

Rd

e Lin e Lin

6

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Oakville

Georgian Bay

Br gont e

3 40

8

4 Concession Tr af alg ar

4

f

5 Concession

9

Altona Rd

e

11

7

Rd ian Ind

16

QEW

W QECa

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15

12 Sidelinee xi Di

W ol fe da le Rd n io at St

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089

Winter 2014 edition free

home&condo tHe Guide to BuyinG and ManaGinG your first HoMe

Highrise or lowrise?

Which option is best for you? your first MortGaGe

Demystifying this often intimiDating topic

THE GUIDE TO BUYING AND MANAGING YOUR FIRST HOME

spend vs. save tips to furnish every room in your first home

special edition

416.626.4889 090 NEW CONDO GUIDE FEBRUARY 1 - 15, 2014

YFH Cover WINTER2014_FINAL.indd 1

15/01/14 15:34:32

L I M I T E D T I M E O N LY

UP TO $5,000 CASH BACK • FREE PARKING AND LOCKER STORAGE 5% DEPOSIT • GRANITE COUNTERTOPS + LAMINATE FLOORING Ontario Home Builders’ Association Award Winner

THE MOST OUTSTANDING MID-RISE BUILDING IN 2012 Designed to be a hallmark building featuring timeless elements of traditional architecture combined with modern sensibilities of design and function, this exclusive community will be located just steps from Lake Ontario’s waterfront in the vibrant community of Long Branch. With easy access to public transit and several major highways, Watermark promises to be the perfect place to call home.

N

Long Branch

Thirty Fifth St.

S TA R T I N G F R O M Lake Shore Blvd. W.

Kipling Ave.

Brown’s Line

1 Bedroom • 1 Bedroom + Den • 2 Bedroom • 2 Bedroom + Den – from 649 sq.ft. to 1,225 sq.ft.

$306,900

MOVE IN SPRING 2014

P R E S E N TAT I O N C E N T R E 3609 Lake Shore Blvd. W., Suite 104, Toronto, ON Monday to Thursday 1:00pm to 7:00pm Saturday, Sunday and Holidays 12:00pm to 5:00pm queenscorp.com

|

416.354.2221

Long Branch

Thirty Fifth St.

Kipling Ave.

Brown’s Line

N

Lake Shore Blvd. W.

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

91

homebuyersâ&#x20AC;&#x2122; help

Condo hunterâ&#x20AC;&#x2122;s checklist

When shopping for your dream condo, carry this list with you and take notes to help you remember what you saw, and where! condo #1

condo #2

condo #3

condo #4

Project & address:

Project & address:

Project & address:

Project & address:

Salesperson:

Salesperson:

Salesperson:

Salesperson:

Phone:

Phone:

Phone:

Phone:

Developer/builder:

Developer/builder:

Developer/builder:

Developer/builder:

Type:

Type:

Type:

Type:

2-storey highrise bungalow

detached conversion townhome

2-storey highrise bungalow

detached conversion townhome

2-storey highrise bungalow

detached conversion townhome

2-storey highrise bungalow

detached conversion townhome

Sq. Footage:

Sq. Footage:

Sq. Footage:

Sq. Footage:

# of bedrooms:

# of bedrooms:

# of bedrooms:

# of bedrooms:

# of bathrooms:

# of bathrooms:

# of bathrooms:

# of bathrooms:

Interior appliances:

Interior appliances:

Interior appliances:

Interior appliances:

Options:

Options:

Options:

Options:

Parking facilities:

Parking facilities:

Parking facilities:

Parking facilities:

Special incentives:

Special incentives:

Special incentives:

Special incentives:

Price:

Price:

Price:

Price:

Down payment:

Down payment:

Down payment:

Down payment:

Condo fees:

Condo fees:

Condo fees:

Condo fees:

Financing available:

Financing available:

Financing available:

Financing available:

Other comments:

Other comments:

Other comments:

Other comments:

092 new Condo Guide february 1 - 15, 2014

UNDER CONSTRUCTION & UNDER PRICED

DISCOVER PERSPECTIVE TODAY

SCARLETT RD.

Perspective Condominiums is Etobicokeâ&#x20AC;&#x2122;s Landmark community at Scarlett Road & Eglinton. Overlooking the Humber Valley with spectacular panoramic park and city views, hiking and biking trails, golf courses and parks. Inspired and spacious interiors, club like amenities including podium rooftop with outdoor dining and lounging areas.

401 EGLINTON AVE. W

427

BLOOR ST. W SALES CENTRE

PRINCE EDWARD DR.

ISLINGTON AVE.

SITE DUNDAS ST. W

1 BED

$

2 BED

$

FROM

FROM

279900 900 395

OCCUPANCY SPRING 2015 NEW PREVIEW CENTRE: 2893 BLOOR ST. W. (AT PRINCE EDWARD DR.) Hours: Monday - Thursday: 12pm - 6pm, Saturday - Sunday: 12pm - 5pm, Friday: Closed

perspectivecondos.ca |

416.242.3500

*On select suites only. Limited time only, see sales representatives for details.

Prices and specifications subject to change without notice. Renderings and images are for mood and impression only. E.&O.E 2013.

093

condo profile

Get the White Glove treatment at

perspective

Right-size your future with the caring professionals at Perspective Condos

p

ianosi Development Corp. is bringing an innovative White Glove Right-Size program to Perspective Condominiums, its successful west-end community.

With an impeccable location in an established Etobicoke neighbourhood overlooking the gorgeous Humber Valley, Perspective Condominiums is the ideal move for so many homeowners who are feeling the allure of condo living. Whether youâ&#x20AC;&#x2122;ve got too much space now that the kids are gone, or youâ&#x20AC;&#x2122;re simply too busy to mow the lawn, shovel the snow and wash the windows, you can take advantage of the equity in your home to build an idyllic new life.

094

With an impeccable location in an established Etobicoke neighbourhood overlooking the gorgeous Humber Valley, Perspective Condominiums is the ideal move for so many homeowners who are feeling the allure of condo living But moving – especially downsizing – can be a daunting task, and that’s where the White Glove Right-Size program and the knowledgeable advisers at Perspective come in. It’s as easy as 1, 2, 3!

1 2

Get in touch and let them know you’re ready for a more carefree life.

Let them help you with every aspect of your move, whether that means matching up closing dates, getting interim financing, or finding a selling agent, condo lawyer, decorator to advise which pieces of furniture you should incorporate into your new life, home stager, art appraiser, mover or personal organizer — whatever you need, their caring staff can help, and with no financial interest in the choices you make, you’ll never feel pressured.

Come home to Perspective, and start enjoying the multitude of amenities and conveniences this building and this neighbourhood have to offer!

Sometimes having equity tied

3

up in your home likely means it may be difficult to come up with a down payment. The experts at Pianosi will work with you to tailor a solution that suits, starting with just a five-per-cent deposit.

Timing the market is often a concern, too, but the GTA is perfectly positioned right now to make such a move. Prices in the condo market are stable, while resale home prices continue to climb. That means you can lock in the best possible price on your new condominium now, and then enjoy the appreciation of your current home for at least another year.

The neighbourhood beckons with flowing water and endless green vistas, countless golf courses, the Humber Valley trail system and charming James Gardens on the doorstep, and yet it’s minutes from Sherway Gardens, Pearson Airport, Hwy. 401, the future Eglinton Crosstown LRT and the downtown core.

You’ll love every day at Perspective, especially when it starts with a swim in the sparkling indoor pool or putting a bucket of balls in the golf simulator, and ends with a game of billiards or a movie in the media lounge with your favourite guests. With the first phase already under construction, you can be enjoying your carefree condo life by the spring of 2015.

Experience the White Glove Right-Size program, and you’ll wonder why you stayed put this long! From the classical Turner Fleischer Architects-designed exterior to the warm, sumptuous Bryon Patton-designed interior, Perspective takes pride of ownership to new heights. The suites at Perspective Condominiums start in the $200’s for up to nearly 1,200 sq. ft. in one-bedroom, one-bedroom-plus-den, two-bedroom and two-bedroom-plus-den layouts.

Visit PerspectiveCondos.com to find out more, or visit the presentation centre in person at 2893 Bloor St. W., open Monday to Thursday from noon to 6 p.m.; Saturday and Sunday from noon to 5 p.m. Call 416.242.3500 or email info@perspectivecondos.com.

february 1 - 15, 2014 new Condo Guide 095

IN THE MARKET FOR A

NEW HOUSE

OR A CONDO?

We think finding a home is a lot more than simply finding the right property.

Thatâ&#x20AC;&#x2122;s why we put you right in the middle of the search process.

Search your favourite neighbourhood

Find out about nearby services and amenities

View new construction projects and register to get the latest info

Visit the new real estate section on canpages.ca and start looking for that special place.

Powered by

096 NEW CONDO GUIDE FEBRUARY 1 - 15, 2014

097

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

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098 NEW CONDO GUIDE FEBRUARY 1 - 15, 2014

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condo watch

previews & registrations SkyCity2

by Pemberton Group

Phase 1 is under construction at Yonge and Hwy. 7. Register now for Phase 2.

Web: SkyCityCondos.com

Legacy Park

by Liberty Development

905 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

Register now for the grand finale at Thornhill City Centre â&#x20AC;&#x201C; iconic architecture, urban suite designs and fabulous park views.

Web: LegacyParkCondos.com

Daniels Erin Mills

by The Daniels Corp.

New landmark community coming soon to Erin Mills and Eglinton. Register to stay informed.

Web: DanielsErinMills.com

Centro Square

by Liberty Development

A master-planned community in the heart of Woodbridge, Phase 2 is now previewing.

Web: CentroSquare.ca

The Clairington

by Castleridge Homes

Active adult living in a park-side condominium in Brampton.

Web: TheClairington.com

Courtyards of Maple

by Marino/Intercity/TriAxis

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

Web: CourtyardsOfMaple.com

Park City Condominiums

By Tobyn Park Homes

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

Register now.

Web: ParkCityLiving.ca

Rain Condominiums

by Empire Communities

New suite release at Rain Condominiums in Oakville. Register now.

Web: RainCondos.com

new releases & grand openings Marquee Townhomes at Pinnacle Uptown

by Pinnacle International Limited collection of 100 townhomes now on sale at Hurontario and Eglinton.

Web: PinnacleUptown.com

HOT Condominiums

by Great Gulf

Phase 3, final release, offering boutiquestyle living in Erin Mills.

Web: HotCondominiums.com

The Mark

by Empire Communities

Now open at Markham Road and Bur Oak. Remarkable residences. Remarkable Markham.

Web: TheMarkCondos.ca

Fairground Lofts

by Wycliffe Homes

Model suite and showroom now open! Urban lofts are coming to Woodbridge Village.

Web: FairgroundLofts.ca

Allegra

by Nova Trimax

New release of Terrace Loft Suites, steps from the Village of Woodbridge. Construction now underway on Phase 1.

Web: AllegraCondos.com

Garden Court Condos

by Monarch

Over 90 per cent sold, in the heart of Cathedraltown, one of Markhamâ&#x20AC;&#x2122;s most sought-after neighbourhoods.

Web: MonarchGroup.net

The Towns at Parkside Village

by Amacon Developments

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

Web: LifeAtParkside.com

Upper Village Markham

by Greenpark

North Tower now selling at UV2 in Markham.

South Tower is sold and occupied.

Web: uv2.ca

100 new Condo Guide february 1 - 15, 2014

GTA Edition February 1 - 15, 2014

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

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

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

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* Due to scale restrictions, locators are approximate.

Please see builderâ&#x20AC;&#x2122;s ads for exact locations.

Bolton

W al

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Telephone

TH* C*

Price Range

Corporate

greatgulf.com

•

45 Empire Communities

Rain Condominiums

905-845-7246

•

from $200,000

2

Twenty Lombard

416-499-8883

Clairington

Great Gulf Homes

3 Castleridge Homes

Page

Finder

Insert

16K

6

17Q

•

from $492,000

16K

905-793-0002

•

from $200,000

16E

4

Conservatory Group

Mirage

905-232-2400

•

from $270,000

20K

5

AMACON

PSV2

905-273-9333

•

18M

7

Great Gulf Homes

HOT

905-828-4257

•

from $274,000

16M

8

Fernbrook Homes

Absolute World

416-869-6057

•

from $188,000

21k

8

Cityzen

Absolute World

416-869-6057

from $188,000

21K

10 AMACON

The Residences at Parkside Village

905-273-9333

•

from $250,000

21K

12 Alterra Homes

Renaissance in Olde Brampton

416-710-1010

•

from $295,000

13d

14 Pemberton Group

Rosedale Village Golf & Country Club

905-799-5000

•

from $346,000

12e

16 Vandyk Communities

Windows on the Green

905-822-3333

from $300,000

17M

17 Pemberton Group

Downtown Erin Mills Condominiums

905-630-6300

•

from $320,000

6C

18 Retirement Lifestyle Communities

Palisades on the Glen

905-820-8210

•

from $290,000

17M

19 United Lands

Stonebrook II

905-822-8858

•

22n

21 Casino Bay Dev. Corp./Toddglen

Panoramic Point at Brewery Bay

27 Inzola Group

•

•

1-866-611-5525

•

from $264,000

7Q

Park Place

905-451-7001

•

from $310,000

14G

30 Pinnacle International

Pinnacle Grand Park 2

905-276-3981

•

from $250,000

20L

32 Armour Heights Developments

River’s Edge

905-533-2400

•

from $285,000

14A

34 Pinnacle International

Pinnacle Uptown, Crystal 2

905-568-9000

•

from $255,000

19K

35 Ashley Oaks Group

Emporium at Joshua Creek

905-618-0660

•

from $200,000

17P

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

46 Mattamy Homes

The Mount Pleasant Village

mattamyhomes.com

•

from $200,000

20M

47 The Daniels Corporation

Daniels Erin Mills

905-306-6996

•

from $200,000

17M

*TH: Townhomes, C: Condo

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

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

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

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

#

103

1

A

2

3

4

5

6

7

8

9

10

11

12

13

14

15

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

16

17

18

19

20

East

Town of Markham

12

7 407

11 Concess

Markham

ion R

TH* C*

10 Concess ion R

Telephone

9 Line

2

Hwy. 48 le Dr

Rd

6

Raymervil

n

14 Ave

Main St S

34

de

Al

McCowan Rd

Hwy. 27

To wn of O sh awa

28

2

Bullock Dr Hwy 7

Aldergrove Dr

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

26

Key Maps

Major Mackenzie

15

407

404

Site

Kennedy Rd

104

Builder

Warden Av e

e

Steeles Ave E

St

45

7 14

404

John

18 Ave

16 Ave Carlton Rd

Ave

e

Clark Ave W

8

Cachet Pkwy Woodbin e

Centre St

40

24 1 13

Steeles Ave W

#

Leslie St

407

16th Ave.

32

Thornhill Henderson Av

7

Elgin Mills Rd

Leslie St

Langstaff Rd

31 Yonge St

7

43 10

23

4

rn Ave

e Av

400

22

g 407

Weldrick Rd W

Rutherford Rd

404

1

Strathea

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41 26

25

401

19 Ave

Major MacKenzie

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ng Isli

50

t nce S Clare Kipling Av

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Bayview Ave

20

Elgin Mills Rd Neal Dr

n

29

e

St

25

Regent St Mill St

Maple

19th Ave.

Yorkland

Huntingto

11

Major Mackenzie

401

Gamble Rd

Bathurst St

d

Dufferin St

y Cr

Teston Rd

Nashville Rd

400

Jefferson Sideroad

Keele St

Kirby Rd

Jane St

Rd

Pine Valle

c

24

401

Weston Rd

Cold Cree k

12 Line Rd

King-Vaughan Rd

To wn of Ajax

City of Pickerin g

Yonge St

King Rd

23

To wn of W hitby

Bloomington Sideroad

b

21 22

Denison St

Price Range

Page

Finder

13 Liberty Development Corp.

Legacy Park

905-731-8302

•

from $280,000

37

10g

32 Liberty Development Corp.

Royal Gardens

905-889-9997

•

from $240,000

35

14f

43 Guizzetti Developments

Grand Palace

905-907-4370

•

from $295,000

105

12E

44 Liberty Development Corp.

Centro Square Condos 2

905-851-8877

•

36

4G

46 Empire Communities

The Mark

905-554-5015

•

6

21E

1

Monarch Corporation

Garden Court

416-495-3595

•

16D

2

Flato Development

Arthouse

905-554-8722

4

Tridel Corporation

Renaissance of Richmond Hill

416-736-9500

7

MintoUrban Communities Inc.

WaterGarden

416-915-3800

10 Great Lands Corp.

The Beverly Hills Resort Residences

905-882-6636

11 Triaxis Development Inc/Marino Developments

Courtyards of Maple

416-798-7070

•

from $390,000

8E

12 Greenpark Homes

UV2

905-554-6501

•

from $253,000

22F

13 Liberty Development Corp.

Legacy Park

905-731-8302

•

from $280,000

10g

14 Remington Group

The Signature Condominium

905-948-9900

•

from $250,000

18F

20 Solmar Development Corp

Bellaria Residences

905-417-8482

•

from $240,000

7e

22 Quadra Mgt. & Sceptre Devs.

Renaissance Court at Woodbridge Gates

905-851-4220

•

from $505,000

3G

22 Wycliffe Homes

Fairground Lofts

905-605-5900

•

from $340,000

3G

24 Liberty Development Corp.

The Fountains

905-731-8302

•

from $272,000

10F

26 Rice Development

Ambria

905-796-3630

•

from $340,000

3F

28 Chestnut Hill Homes

San Francisco by the Bay

905-831-3631

•

from $200,000

22C

31 Pemberton Group

Miracle at Yonge

905-709-5700

•

from $280,000

12F

31 Pemberton Group

Sky City

905-709-5700

•

from $320,000

12F

31 Pemberton Group

Sky City 2

905-709-5700

•

from $320,000

12F

32 Signature Communities

TAO Boutique Condos

905-597-2535

•

from $200,000

14F

34 Sierra Homes

68 Main Street

905-305-0822

•

from $250,000

22F

40 Nova Trimax

Allegra

905-850-6866

•

from $250,000

1F

41 Quadcam Development Group Inc

Vista Parc Condominiums

905-850-8883

•

from $260,000

3F

45 Kylemore Communities

The 6th Angus Glen

905-887-9950

•

19E

*TH: Townhomes, C: Condo

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

from $200,000

22E

•

from $740,000

12G

•

from $254,000

11G

from $250,000

13F

•

•

from $250,000

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

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

RICHMOND HILL’S MOST ANTICIPATED LUXURY CONDOMINIUMS

STARTING FROM

$295,000* Register for Tower C Today

WIN T E R G A R D E N L O B B Y | 2 4 -H O U R C O N C I ER G E | S PA / FIT NE S S S T UDIO | Y OGA S T UDIO | S A UNA | P OOL PA RT Y R OO M / C O N F E R EN C E R O O M | G U ES T S UIT E | S UNBAT H ING T E RRAC E | RE TAIL S H OP S

Luxury Living AT AFFORDABLE PRICES

VISIT OUR PRESENTATION CENTRE 9612 Yonge St., Richmond Hill 905.907.4370 www.grandpalace.ca

Exclusive listing: Royal LePage —Your Community Realty Brokerage Broker Protected E&EO. Prices and Specifications are subject to change without notice. Illustration is artist concept.

FEBRUARY 1 - 15, 2014 NEW CONDO GUIDE 105

style file

Contemporary

fireplaces Using tradition to design fire features with substance // by khai foo

There are few things more traditional than a hearth at the heart of a home.

Whether you prefer a Colonial style, industrial loft look or Zen minimalism, the image of family and friends gathered around a crackling fire is universally appealing. Although central heating has been commonplace for the better part of a century, the fireplace still holds a place of honour in our homes. Regardless of whether we live in a condo on the 22nd floor of a highrise or a sprawling suburban split-level, fireplaces are iconic features of domestic design.

Changing technologies have radically altered fireplace aesthetics. Natural gas, propane, ethanol and even electricity have replaced the traditional wood-burning fireplace, making for

106 new Condo Guide february 1 - 15, 2014

easier installations and flexible placements within modern living spaces. Masonry structures that were once a fire-safety essential are no longer necessary for many wood-burning fireplace inserts. Although the design options for fireplaces are now endless, it is important to remember the hearthâ&#x20AC;&#x2122;s traditional role within a home. Here are some tips to help you turn your fireplace into a feature with substance: 1. Choose the right fireplace for your needs Consider both aesthetics and function when selecting a fireplace. Size is the first factor, as the fireplace should be proportional to the wall and the space. It is also important to obtain the

dimensions of the fireplace opening that will be visible after the unit is installed and the wall is finished. The fire â&#x20AC;&#x153;viewing areaâ&#x20AC;? is often much smaller than the size of the unit may suggest. If you are retrofitting, determine how much you want the fireplace to project into the room. From the functional side, consider how often you will use the fireplace, how much heat you want it to provide, and if the heat output is appropriate for the room size. If you want a large fireplace in a small room, you may be able to work around the heat output by choosing an ethanol fire over natural gas. There is a wide range of options so it is a good idea to explore online resources and visit local fireplace dealers for more information.

2. Build it in Most contemporary fireplaces can be installed with minimal modification to the existing structure; some can be even be hung on the wall, which is a great option for condo living.

The design challenge however, is making your fireplace look like a solid, central component of your home, rather than an afterthought.

Fireplaces tend to look best when they appear to be built in. Again, there are firebox choices available to suit most needs, including models for rooms with no access to a gas line or exterior venting. If a fireplace must project into a room, consider building floor-to-ceiling, rather than creating a build-out around just the firebox. All fireplace types, regardless of fuel, offer options that can be built right into walls.

Most contemporary fireplaces can be installed with minimal modification to the existing structure; some can be even be hung on the wall, which is a great option for condo living

3. Use materials that convey mass and substance The benefits of installation flexibility come with potential design pitfalls. Where traditional hearths require massive structures by necessity, contemporary fireplaces are the opposite. The consequent aesthetic risk is that fireplaces can end up looking insubstantial or even illogical if boxed in drywall. Choosing a material like concrete, stone or even porcelain to clad the wall around the firebox, will naturally communicate weight and bring a strong material presence to a room.

4. Respect tectonics Design elements look best when they appear to obey the basic rules of construction. For example, heavy stone veneer looks out of place floating above an insubstantial wood screen, and february 1 - 15, 2014 new Condo Guide 107

even applied motifs like columns and lintels should obey the laws of physics. Although modern materials make for unlimited design options, following the logic of traditional building forms tends to give the best results and helps you to avoid designs that look strange.

For example, when cladding a fireplace feature wall in a concrete tile, the tile should go floor-to-ceiling and corner-to-corner when possible and avoid arbitrary breaks. Tile patterns should allow pieces to bear down on each other, and ultimately, the floor. This emulation of a traditional chimney chase will “feel more right” when compared with allowing a fireplace insert to determine the structure.

While modern heating and ventilation systems continue to lessen the “need” for fireplaces in homes, our love of the hearth persists and more options exist with greater installation ease and flexibility than ever before.

You can now put a fireplace in virtually any room in any home.

108 new Condo Guide february 1 - 15, 2014

When designing a fireplace, remember the hearth’s historic purpose and create a feature that speaks to both substance and style.

Paloform president Khai Foo prides himself on fostering a company that practices meticulous attention to detail and a culture of care, embodied in the principles behind the brand. The Vancouver native worked as a visual artist for five years.

Switching canvas for concrete in 1995, he began creating custom cast concrete décor, including everything from countertops to fireplace surrounds, tiles to architectural details. Growing up, Khai experienced the fireplace as the primary source of heat and saw the beauty in gathering around a home’s hearth or backyard bonfire. In 2010, he moved from Vancouver to Toronto and founded the modern fireplace and fire pit manufacturing company, Paloform. Using Canadian materials and manufacturing just outside Toronto, Paloform produces fireplace façades, claddings and fire pits that are hand-crafted from high-performance concrete and steel. Visit paloform.com.

homebuyersâ&#x20AC;&#x2122; help

condo buyersâ&#x20AC;&#x2122;

resource section

You love the condo, see what you can afford!

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

february 1 - 15, 2014 new Condo Guide 109

homebuyers’ help

Calculate your mortgage payments interest rate

amortization period

chart figure

mortgage amount ÷ 1,000

monthly payment

example: 5%

25 years

5.82

125 (mortgage amount $125,000)

$

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

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

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

This is the money you will have to borrow.

110 new Condo Guide february 1 - 15, 2014

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

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

Divide by 1,000.

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

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

Bear in mind that this is a rough estimate.

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

Mortgage payment calculation chart

%

Amortization Periods

Interest Rates

10 years

15 years

20 years

25 years

30 Years

3.00%

9.65

6.90

5.54

4.73

4.21

3.25%

9.76

7.02

5.66

4.86

4.34

3.50%

9.88

7.14

5.79

4.99

4.48

3.75%

9.99

7.26

5.91

5.13

4.61

4.00%

10.11

7.38

6.04

5.26

4.76

4.25%

10.23

7.50

6.17

5.40

4.90

4.50%

10.34

7.63

6.30

5.53

5.04

4.75%

10.46

7.75

6.44

5.67

5.19

5.00%

10.58

7.88

6.57

5.82

5.34 5.49

5.25%

10.70

8.01

6.74

5.96

5.50%

10.82

8.14

6.85

6.10

5.64

5.75%

10.94

8.27

6.98

6.25

5.79

6.00%

11.07

8.40

7.12

6.40

5.95

6.25%

11.19

8.53

7.26

6.55

6.11

6.50%

11.31

8.66

7.41

6.70

6.26

6.75%

11.43

8.80

7.55

6.85

6.42

7.00%

11.56

8.93

7.69

7.00

6.59

7.25%

11.68

9.07

7.84

7.16

6.75

7.50%

11.81

9.21

7.99

7.32

6.91

7.75%

11.94

9.34

8.14

7.47

7.08

8.00%

12.06

9.48

8.28

7.63

7.25

8.25%

12.19

9.62

8.44

7.79

7.42

8.50%

12.32

9.76

8.59

7.95

7.59

8.75%

12.45

9.90

8.74

8.12

7.76

9.00%

12.58

10.05

8.86

8.28

7.93

9.25%

12.71

10.19

9.05

8.45

8.10

9.50%

12.84

10.33

9.20

8.62

8.28

9.75%

12.97

10.48

9.36

8.78

8.45

10.00%

13.10

10.63

9.52

8.95

8.63

10.25%

13.24

10.77

9.68

9.12

8.80

10.50%

13.37

10.92

9.84

9.29

8.98

10.75%

13.50

11.06

10.00

9.46

9.16

11.00%

13.64

11.22

10.16

9.63

9.34

11.25%

13.77

11.36

10.32

9.80

9.52

11.50%

13.91

11.52

10.49

9.97

9.70

11.75%

14.04

11.66

10.65

10.15

9.88

12.00%

14.18

11.82

10.81

10.32

10.06

12.25%

14.32

11.97

10.98

10.49

10.25

12.50%

14.46

12.13

11.15

10.67

10.43

12.75%

14.59

12.28

11.31

10.85

10.61

This table shows the monthly payment of principal and interest for each $1,000 of mortgage. Example: The monthly principal and interest payment for a $125,000 mortgage with a 25-year amortization period at 5% is as follows: ($125,000 รท 1,000) X 5.82 = $727.50 february 1 - 15, 2014 new Condo Guide 111

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Compare mortgage rates for your best deal CHARTERED BANKS

Variable

6 Months

1 Year

2 years

3 years

4 years

5 years

ATB Financial 2.7

6.30op

2.94 6.30op

2.89 2.99 3.39 6.50op

3.69

Alterna Svgs/Alterna Bk 3

4 6.30op

3.09 3.14 3.19 3.35 6.30op

3.59

Bank of Montreal 3

4 6.30op

3.14 3.04 3.85 4.64 6.30op

3.69

Bank of Nova Scotia 2.6

4.55 6.45op

3.75 2.79 3.99 4.39 6.50op

3.49

Canadian Western Bank

4 6.45op

3.14 3.14 3.85 4.64 6.30op

5.24

CFF Bank

3.69

3.79

3.69

CIBC 3

6.70op

3.09 2.79 2.99 3.39 6.35op

3.69

HSBC Bank Canada 3

2.7 3.95 3.13 4.99 6.35op

3.69

3.05

3.15

3.65

3.64

3.69

3.89

3

3.19

3.24

3.59

3.69

ICICI Bank Canada ING Direct

4.45 6.20op

3.75

3.79

4.09

Manulife Bank 2.7 4.45

3 3.05 3.1 3.4 4.00op

3.59

National Bank n/a

3.14 3.14 3.95 4.64 6.70op

5.24

President’s Choice Financial

4.4 6.70op

3.69

4.09

Royal Bank 3

6.30op

3

3.14 3.04 3.75 3.39 6.30op

3.24

3.59

3.69

TD Canada Trust 3

3.09 6.30op

2.89

3.75

4.64

3.69

3.25

3.95

4.74

TRUST COMPANIES 6.5

3.14

Effort Trust n/a

Community Trust

n/a

4.45 6.30op

3.25 3.6 3.95 4.7 6.30op

4.95

Home Trust Company

2.6

2.89

3.09

5.34

3.95

2.89

3.39

3.49

Investors Group Trust n/a

4.2 6.50op

3.14 3.14 3.9 4.64 6.30op

5.24

MTCC 2.6

4.55 6.45op

3.75 6.50op

2.79

3.99

4.39

3.49

Airline Financial C.U. 4

3.01 6.25op

3.1

3.33

3.65

3.99

Comtech Credit Union 2.95

6.2 6.40op

2.99 3.25 3.29 3.24 6.30op

3.59

First National Fin. LP

3.95

2.99

OTHER FINANCIAL INSTITUTIONS

3.39

3.49

FirstOntario C.U. 2.7

6.34op

3.09 3.14 3.29 3.34 6.34op

3.49

London Life n/a

3.14 3.14 3.95 4.74 6.30op

5.34

Luminus Financial 2.95

3.2 6.3

3.6

MCAP 2.65

3.6 3.95 4.35 4.89 7.00op

5.14

Meridian Credit Union 2.75 4

3.09 3.14 3.65 3.49 6.30op

3.59

Parama Credit Union

2.85

3.05

3.1

3.25

3.4

3.6

Steinbach Credit Union

2.5

2.7

3

3.1

3.25

3.45

4.2 6.50op

2.69

2.8

2.99

2.95

3.55

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 Jan. 27, 2014. Prepared By Fiscal Agents Financial Information Services 905.844.7700

february 1 - 15, 2014 new Condo Guide 113

index of advertisers 45 Charles Ltd. - Chaz Yorkville Condos

31

Baywood Homes - TEN93 Queen West

8-9

Bazis Inc. - E Condos Bazis Inc. - No1 Yorkville

19 5

Liberty Development Corp. - Centro Square Condos 2

36

Liberty Development Corp. - Legacy Park

37

Liberty Development Corp. - Royal Gardens

35

Liberty Development Corp. - Terrace on Danforth

35

Liberty Development Corp. - World on Yonge

35

Brandy Lane Homes - The Station

55

Camrost - Felcorp - Imperial Plaza

3

Lifetime Developments - The Bond Condominiums

27

Camrost - Felcorp - The Cumberland

1

Lindvest - Grand Cornell Brownstones in Markham

97

Luxury Condos - Promo

78

Malibu Investments Inc. - Model Suite of the Month

50

Malibu Investments Inc. - Smart House

51

Chinese Home & Condo Guide - Promo

42

City Core - Harmony Village Sheppard

67

Concord Adex - FWD Condominiums

29

Cresford Development Corp. - 1000 Bay

IBC

Cresford Development Corp. - CASA 2

IBC

Cresford Development Corp. - CASA III

IBC

Cresford Development Corp. - Lofts 399

IBC

Cresford Development Corp. - Merton Yonge Condominiums 116 & IBC Cresford Development Corp. - NXT

IBC

Digital Device - Promo

115

Dundee Kilmer Developments - Canary District Condominiums

43

Eden Shaw - Chaz Yorkville Condos

31

ELAD Canada - Emerald City Condominiums

75

Empire Communities - Rain Condominiums

6

Empire Communities - The HUB

6

Empire Communities - The Mark

6

Empire Communities - Water Tower at Eau Du Soleil

7

Menkes Developments Inc. - 87 Peter

Insert

Menkes Developments Inc. - Corporate

Insert

Metropia - E Condos

19

MintoUrban Communities Inc. - 30 Roe

73

Monarch Corporation - Corporate

Insert

Monarch Corporation - Riva del Lago

Insert

Neilas Inc./ Brad J. Lamb Realty Inc. - Free First Time Buyer Workshop

69

Neudorfer Corporation - Fuse Condos

77

Pemberton Group - TEN93 Queen West

Family of magazines - Promo

Pianosi Developments - Perspective Condos

112

Fernbrook Homes/Cityzen Dev. - Garrison Point

57

Fieldgate Homes - 90 Niagara

53

Fieldgate Homes - BILD

52

Great Gulf Homes - Corporate

Insert

Great Gulf Homes - Monde

Insert

Great Gulf Homes - One Bloor Residences

Insert

Guizzetti Developments - Grand Palace

105

Pinnacle International - Corporate

8-9 93 58-59

Queenscorp Residences - Watermark

91

Rio Can - E Condos

19

Rockport Group - The Nest

61

Shopping Guide - Promo

56

The Daniels Corporation - High Park Condominiums

15

The Daniels Corporation - NY2

25

The Daniels Corporation - One Park Place South Tower

39

Tribute Communities - The College

47

Tridel Corporation - 101 Erskine

IFC

Tridel Corporation - Spadina Queen

IFC IFC

Home Decor & Renovations - Promo

98

Tridel Corporation - Trio at Atria

Lamb Development Corp. - The Harlowe

71

Tridel Corporation - West Village

Lanterra Developments - The Britt

11

Urban Capital - Smart House

51

Lanterra Developments - Treviso III

23

Worsley Urban Partners - Totem Condominium

65

Lash Group of Companies - Cloud 9 Condominiums

99

Your First Home & Condo - Promo

90

114 new Condo Guide february 1 - 15, 2014

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EGLINTON

➤

Midtown living at its very best! MYC is located at Yonge & Merton, just steps to the subway, parks, trails and trendy Yonge Street boutiques and cafes. It’s your life, your style, your way.

Visit the Presentation Centre at 170 Merton Street.

DAVISVILLE PRESENTATION CENTRE MERTON

TTC SUBWAY

SITE ST. CLAIR

ONE OF TORONTO’S MOST DRAMATIC NEW CONDOS.

ETOBICOKE’S NEW VILLAGE MOVE IN NOW.

Discover a modern, geometric design that steps away from the typical condo aesthetic in the epicentre of downtown Toronto. SQ is where people in the know want to live. Inventive, imaginative and inspiring.

West Village is getting ready to welcome you.

A vibrant urban community close to great shopping, dining and entertainment, plus nature trails. From West Village you can get anywhere with ease: near major highways, TTC and the airport.

GRAND OPENING

MOVE IN NOW

Suites from the Mid $300’s*

Suites from $290,000*

PRESENTATION CENTRE: 519 Queen Street West, Toronto

PRESENTATION CENTRE: 6 Eva Road, Etobicoke (north of Bloor Street W., off The West Mall)

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AN URBAN OASIS AT YONGE & EGLINTON.

THE NEXT GREAT PHASE OF THE ATRIA COMMUNITY.

Maximize your living space with a smartly designed suite. Open-concept living and dining rooms with modern styling flow into designer kitchens featuring built-in appliances. 101 Erskine is conveniently located mere steps from prestigious shopping, dining and entertainment.

Located within the master planned Atria community, TRIO is the most desirable new place to live in North York. Close to Fairview Mall and the proposed Sheppard Avenue East LRT**.

An exquisite residence adjoining a lush park.

GRAND OPENING

GRAND OPENING

Suites from $286,000*

Suites from $258,000*

Signature and Penthouse Collection Suites also available from $854,000* Nine Signature Townhomes available from $895,000* PRESENTATION CENTRE: 2611 Yonge Street at Sheldrake Blvd., Toronto

PRESENTATION CENTRE: 2255 Sheppard Ave. E., Unit 120, North York

A Tridel Built Green. Built for Life.® community. *Price and specifications are subject to change without notice. Illustrations are artist’s concept only. **Source: The City of Toronto Official Plan and the Agincourt Secondary Plan, a future bus and subway terminal or other transit related uses are proposed for this location. 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 2014. All rights reserved. E.&O.E. January 2014.

MOVE IN NOW

PRICES

SUITES FROM $290,000* Parking Included PRESENTATION CENTRE

6 EVA ROAD ETOBICOKE North of Bloor St. West, off The West Mall CONTACT US

PHONE 416.620.1887 WEB TRIDEL.COM westvillage@tridel.com

TOUR NEW DESIGNER DECORATED MODEL SUITES, LOBBY AND RECREATIONAL AMENITIES. A Tridel Built Green. Built for Life.® community. *Prices and specifications are subject to change without notice. Illustrations are artist’s concept only. Tridel®, Tridel Built for Life®, Tridel Built Green. Built for Life.® are registered trademarks of Tridel and used under license. ©Tridel 2014. All rights reserved. E.&O.E. January 2014.

Facebook.com/Tridel

Twitter.com/Tridel

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