GTA New Condo Guide - Feb 4, 2017

FEBRUARY 4 - 18, 2017 VOLUME 21, ISSUE 3, FREE

GTA EDITION

INSIDE THIS ISSUE

SMALL BUT SWEET: THE HOMEBUYER’S MANTRA OF 2017

WHY AMERICANS WON’T BE BUYING UP CANADIAN HOMES

INSPIRATION: TRENDSPOTTING AT IDS

h includes two squash courts and a yoga/pilates studio. Perfect your swing in an innovative golf simulator roo o state-of- the-art theatre rooms. In addition, two comfortably appointed guest suites are available for the bene me to raise the bar on urban sophistication. Perched above the stunning Forest Hill escarpment, Blue Diamond y suites in the heart of Imperial Village, a unique master-planned community at Avenue Road and St. Clair. W ed amenities of the elite 20,000 sq ft Imperial Club, residents will enjoy a stunning roster of incredible life distinguished by a distinctive façade that pays tribute to the timeless history of its iconic site, where the form its doors in 1913. As a designated heritage monument, the façade of the Church is being carefully restor an open courtyard that incorporates park benches, beautiful landscaping, and public art, creating an inviting an nts, while enhancing the streetscape with vibrancy and activity. In addition to the spectacular glass and metal p h its contemporary, dual level lobby and full concierge station with 24-hour security, building residents will enjoy vators with custom designed cabs, designer selected broadloom in all corridors, and more than 20,000 sq. ft. of u exclusive Imperial Club. Live in one of Toronto’s finest neighbourhoods. Welcome to Imperial Village at Avenu Hill. This unique master-planned community offers a connected lifestyle of unprecedented ease and access nest s neighbourhoods Forest Hill, Deer Park, Yorkville, Rosedale and Summerhill. Surrounded by luxury residenc cal church façade and stunning courtyard with street-level retail, including The Market by Longos and LCBO, ransit, close to several abundant parks and trails, and in close proximity to Toronto’s finest public and nstitutions. With access to the unprecedented amenities of the elite 20,000 sq ft Imperial Club, residents will a ble lifestyle amenities. Leisure time is quality time with a sumptuously appointed library lounge and a multi-p wind in style in the luxurious indoor pool and whirlpool spa. Take your workout routine to the next level in h includes two squash courts and a yoga/pilates studio. Perfect your swing in an innovative golf simulator roo o state-of- the-art theatre rooms. In addition, two comfortably appointed guest suites are available for the bene me to raise the bar on urban sophistication. Perched above the stunning Forest Hill escarpment, Blue Diamond y suites in the heart of Imperial Village, a unique master-planned community at Avenue Road and St. Clair. W ed amenities of the elite 20,000 sq ft Imperial Club, residents will enjoy a stunning roster of incredible life distinguished by a distinctive façade that pays tribute to the timeless history of its iconic site, where the form its doors in 1913. As a designated heritage monument, the façade of the Church is being carefully restor an open courtyard that incorporates park benches, beautiful landscaping, and public art, creating an inviting an nts, while enhancing the streetscape with vibrancy and activity. In addition to the spectacular glass and metal p h its contemporary, dual level lobby and full concierge station with 24-hour security, building residents will enjoy vators with custom designed cabs, designer selected broadloom in all corridors, and more than 20,000 sq. ft. of u exclusive Imperial Club. Live in one of Toronto’s finest neighbourhoods. Welcome to Imperial Village at Avenu Hill. This unique master-planned community offers a connected lifestyle of unprecedented ease and access nest s neighbourhoods Forest Hill, Deer Park, Yorkville, Rosedale and Summerhill. Surrounded by luxury residenc cal church façade and stunning courtyard with street-level retail, including The Market by Longos and LCBO, ransit, close to several abundant parks and trails, and in close proximity to Toronto’s finest public and nstitutions. With access to the unprecedented amenities of the elite 20,000 sq ft Imperial Club, residents will a ble lifestyle amenities. Leisure time is quality time with a sumptuously appointed library lounge and a multi-p wind in style in the luxurious indoor pool and whirlpool spa. Take your workout routine to the next level in h includes two squash courts and a yoga/pilates studio. Perfect your swing in an innovative golf simulator roo o state-of- the-art theatre rooms. In addition, two comfortably appointed guest suites are available for the bene me to raise the bar on urban sophistication. Perched above the stunning Forest Hill escarpment, Blue Diamond y suites in the heart of Imperial Village, a unique master-planned community at Avenue Road and St. Clair. W ed amenities THIS of theISelite 20,000 ft Imperial Club, residents will enjoy a stunning roster of in cgreat life YOUR LASTsq CHANCE TO PURCHASE AT PRE-CONSTRUCTION PRICING! distinguished by a distinctive façade that tributeROAD to the & timeless history of its iconic site, where the form LIVEpaOAD AT AVENUE ST. CLAIR. its doors in 1913. As a designated heritage façade of the Church is being carefully restor SUITESmonument, FROM THE the $390,000’S o an open courtyard that incorporates park benches, beautiful landscaping, and public art, creating an inviting an nts, while enhancing the streetscape with vibrancy and activity. In addition to the spectacular glass and metal p h its contemporary, dual level lobby and full concierge station with 24-hour security, building residents will enjoy vators with custom designed cabs, designer selected broadloom in all corridors, and more than 20,000 sq. ft. of u exclusive Imperial Club. Live in one of Toronto’s finest neighbourhoods.

Welcome to Imperial Village at Avenu BLUEDIAMONDCONDOS.CA | 416.925.2501 Hill. This unique master-planned community offers a connected lifestyle of unprecedented ease and access nest s neighbourhoods Forest Hill, Deer Park, Yorkville, Rosedale and Summerhill. Surrounded by luxury residenc cal church façade and stunning courtyard with street-level retail, including The Market by Longos and LCBO, ransit, close to several abundant parks and trails, and in close proximity to Toronto’s finest public and nstitutions. With access to the unprecedented amenities of the elite 20,000 sq ft Imperial Club, residents will a ble lifestyle amenities. Leisure time is quality time with a sumptuously appointed library lounge and a multi-p wind in style in the luxurious indoor pool and whirlpool spa. Take your workout routine to the next level in h includes two squash courts and a yoga/pilates studio. Perfect your swing in an innovative golf simulator roo o state-of- the-art theatre rooms. In addition, two comfortably appointed guest suites are available for the bene e ae the bar on urban above the stunning Forest Hill LePage escarpment, Dia offer brea Brokers Protected.

Salessophistication.

Representative: KevinPerched Crigger*, Broker.

Johnston & Daniel a division of Royal Real Estate Blue Services Ltd.and Brokerage.

Barberry (DP) Inc. Prices and specifications are subject to community change without notice.

IllustrationsRoad are artist's concept.

O.E. with pr the 1 YPNEXTHOME.CA art Consultant: of Imperial Village, a unique master-planned at Avenue and St. E.& suit menities of the elite 20,000 sq ft Imperial Club, residents will enjoy a stunning roster of incredible lifestyle am

Editor’s Note

Why condo is king – and will continue to rule in the GTA YET AGAIN, CANADA’S RISING HOME PRICES are making world headlines.

LYDIA MCNUTT Senior Editor Yellow Pages NextHome Email: Lydia.McNutt@ypnexthome.ca Twitter: @LydiasTweets

Canada Mortgage and Housing Corp. has issued a warning for the second consecutive quarter, that overvaluation and the rate of price growth are putting Canada’s housing markets at risk – particularly in Toronto and Vancouver. Earlier in the week, these two cities also made the news with their ranking among the world’s priciest housing markets – Vancouver taking third place worldwide, and Toronto coming in ninth.

Every time I read the market reports and monthly sales statistics, I ask myself: how can anyone afford to buy a home? But there’s a solution looming on the horizon – literally, in the form of new condominiums.

Condos offer an affordable solution to the unaffordable detached dilemma. Pre-construction condos take that affordability a step further.

Oftentimes, builders will offer incentives, like pre-construction pricing to help kick-start sales and get the shovels in the ground.

Aside from that initial break on the bottom line, the buyer also builds equity on their pre-construction condo, simply by virtue of patience. From the time you buy your suite to the time you get the keys, which can take a couple of years, you’ll have earned a good chuck of equity on your initial investment.

When all is said and done, Canadian real estate has historically been a good financial investment. Ask your parents how much they paid for their home 30 years ago, and compare that to what it’s worth today. How’s that for incentive?

HARBOURFRONT

SEE MORE PHOTOS ONLINE

Once the hub for Toronto’s shipping and industrial import/export industry, this lengthy lakeside neighbourhood known as Harbourfront has undergone a massive transition. Stretching from Bathurst Street in the west to York Street in the east, Harbourfront is an area that sees its boundaries constantly expanding.

Read the full story…

nexthome.yp.ca/harbourfront

+ get social 2 YPNEXTHOME.CA

Interact with us on social media: ypnexthome

CONDOMINIUM RESIDENCES AT YORKVILLE & YONGE THE PRESENTATION LOUNGE HAS MOVED TO A NEW LOCATION PLAZA STORE: 525 ADELAIDE STREET WEST, GROUND FLOOR #1 - 416-519-2911 DON’T MISS YOUR LAST OPPORTUNITY TO OWN A SUITE FOR ONLY 10% DOWN*.

STEPS TO SUBWAY AND PATH • NOW UNDER CONSTRUCTION STARTING FROM THE MID $500’S

1YORKVILLE.CA @BazisInc

PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. E. & O.E. *SEE SALES REPRESENTATIVE FOR DETAILS

FEBRUARY 4 - 18, 2017 | NEW CONDO GUIDE 3

Contributors

BILD REPORT

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

VICE PRESIDENT & CHIEF PUBLISHING OFFICER

Caroline Andrews PUBLISHER & GENERAL MANAGER

Shawn Woodford DIRECTOR OF SALES

Moe Lalani

LEGALLY SPEAKING

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

ASSOCIATE PUBLISHER

Anne-Marie Breen SENIOR MANAGER, CONTENT

Jennifer Reynolds SENIOR EDITOR

Lydia McNutt ART DIRECTOR

Daiana Garay

CONDO PRO

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

CONTRIBUTING EDITORS

Sonia Bell Wayne Karl Elisa Krovblit DESIGN EDITOR

Yanic Simard

SENIOR ACCOUNT EXECUTIVES

STAT CHAT

BEN MYERS Ben Myers is senior vice-president of market research and analytics at Fortress Real Developments. Follow his blog posts and commentary on the Canadian housing market at fortressrealdevelopments.com/news or follow him on Twitter at @BenMyers29.

Dionne Fraser dionne.fraser@ypnexthome.ca Nina Downs nina.downs@ypnexthome.ca

SALES & MARKETING CO-ORDINATOR

Terry Bassett

PRODUCTION MANAGER

Helen Pearce PRODUCTION CO-ORDINATOR

DESIGNER ADVICE

Sandra Hanak-Vujnovic

YANIC SIMARD

GRAPHIC DESIGNER

Celebrity Designer Yanic Simard is New Condo Guide’s design editor, principal designer of award-winning, boutique firm Toronto Interior Design Group (tidg.ca), and regular design expert on City’s Cityline. @yanicsimard

more online We have even more content online! Read more stories from our team of contributors at ypnexthome.ca, including stories by:

Miguel Cea

#500-401 The West Mall Etobicoke, ON M9C 5J5 T 416.626.4200 F 416.784.5867 ypnexthome.ca

ADVERTISING Call 416.626.4200 for advertising rates

and information.

CIRCULATION Highly targeted, free distribution

FINANCE

system aimed at real estate buyers using street level boxes and racking, plus door-to-door insertions in key audience segments.

GAIL VAZ-OXLADE

COPYRIGHT 2017 All rights reserved by Yellow

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

Pages Homes Limited. Reproduction in any form is prohibited. Contents of this publication are covered by copyright and offenders will be prosecuted under the law.

TERMS Advertisers, editorial content and New Condo Guide are not responsible for typographical errors, mistakes or misprints. All prices are correct as of press time and are subject to change without notice.

E. & O. E.

MORTGAGE ADVICE

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

4 YPNEXTHOME.CA

EDITORIAL Submissions from interested parties will be

considered. Email your ideas to the editor at lydia.mcnutt@ypnexthome.ca. The views and data expressed by columnists do not necessarily represent those of the publication.

Make the most of every minute.

PINNACLE ETOBICOKE is located at the heart of the New City Centre.

Close to the Kipling Hub, GO station and major highways, this magnificent masterplanned community offers an exciting collection of condominium homes designed just for you. With easy access to everything you love about the city – living, working and playing are possible in a location that has it all. Make the most of every minute at Pinnacle Etobicoke.

ONSITE SALES CENTRE OPENING SOON! 5475 Dundas Street West (Between Hwy 427 and Kipling) Condominiums from the $300s

REGISTER TODAY! PinnacleEtobicoke.ca

PinnacleInternational.ca | 416.596.1600 TORONTO . MISSISSAUGA . VANCOUVER .

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

FEBRUARY 4 - 18, 2017 | NEW CONDO GUIDE 5

Property Profile | PEMBERTON GROUP

MILLS SQUARE Pemberton’s newest condominium is coming soon to prestigious Erin Mills

PEMBERTON GROUP takes pride in designing and building diverse condominium communities that have their own unique appeal.

Each community delivers top quality materials and craftsmanship, unparalleled on-site recreational amenities, superb customer service, and lasting value. Pemberton suite owners enjoy an enviable lifestyle in sought-after neighbourhoods across the Greater Toronto Area.

Register now Act now to be among the first to have the opportunity to own one of the spacious suites at Mills Square.

Pemberton’s newest Mississauga condo is coming soon to Erin Mills, a prestigious neighbourhood that boasts established schools, parks, trails, recreation facilities, and Credit Valley Hospital. Across the street, the $100-million renovation of Erin Mills Town Centre is complete, providing a roster of new retail shops, big box stores and boutiques, plus even more services and restaurants.

Residents will have ideal highway access, including the 403, 401 and 407. The local rapid-transit bus station that is part of the Mississauga Transitway system carrying MI Way and GO buses is open. In operation from Winston Churchill to Etobicoke Creek, the final three stations are projected to complete by the end of this year. Plus, the Streetsville GO station is near.

Location

Eglinton Ave. West and Glen Erin Drive, Mississauga Builder

Pemberton Group Development

Mills Square Home Type

Condominium Suites Sales Centre and Contact

Register now at pembertongroup.com

Mills Square will rise to 18 storeys and offer 179 suites 6 YPNEXTHOME.CA

The community’s 17,000-sq.-ft. recreation centre will be ready when residents move in

Mills Square’s lobby sets the tone for this contemporary building’s design

Pemberton’s renowned high-quality features and finishes are found in every suite

Mills Square will rise to 18 storeys offering 177 suites set amid extensively landscaped grounds.

The open-concept layouts will have Pemberton’s renowned high-quality finishes. Highlights include: 7 ½-inch wide laminate flooring, smooth ceilings and nine-ft. ceiling heights in the principal rooms. Custom-quality kitchens will have high upper cabinets and under-valance lighting, quartz countertops and glossy ceramic backsplash. The full-size stainless steel appliance package features a counter-depth fridge, self-cleaning range with glass cooktop, dishwasher, plus combination microwave and range hood. Spa-inspired master bathrooms have a walk-in with frameless enclosure and door, 12-by-24-inch porcelain floor tiles, and contemporary vanity cabinet and bathroom mirror with open shelf below. Suites also come with a stacked washer and dryer, and a patio or balcony. All features and finishes are as per plan.

The separate 17,000-sq.-ft. two-storey recreational centre will be ready when residents move in.

Facilities will include the large indoor pool and poolside retreat with saunas and steam rooms. There will also be a cardio fitness studio, and yoga/Pilates area. The two party rooms with a bar, a dining room with kitchen, and the barbecue terrace with panoramic views round out the exceptional amenities.

Designs will include one-bedroomplus-den, two-bedroom and twobedroom-plus-den open-concept layouts, priced from the $300’s.

Included in the price is a parking space and locker.

Register at pembertongroup.com or for more information call 905.603.6300.

To discover more about the company’s current condominium communities and to subscribe to be among the first to learn about all those coming soon, visit the website.

You can also follow Pemberton on Facebook, Twitter, Instagram and YouTube.

FEBRUARY 4 - 18, 2017 | NEW CONDO GUIDE 7

LOOKING FOR A NEW HOME? we can help!

Brand new name, same great app.

Everything you need to know to buy or rent your next home.

DOWNLOAD THE APP 8 YPNEXTHOME.CA

416.306.0880

Register at homeonpower.ca

home at last.

mon

d St

E

Pow t

ame

Sales Centre 139 Parliament St

er S

Parli

Coming to Power + Adelaide.

From the low $300s

Rich

nt S t

Just steps away from the Distillery District and St. Lawrence Market, and only a stone’s throw from the downtown core, home boasts amenities such as an artist’s workspace, outdoor pool, community garden and more. This is your connection to the city, and the best place to begin each and every day. Quite simply, there is no place like home.

Sales Centre Now Open.

Ad

a el

id

e

St

E

Sales Centre Hours Mon to Thurs: 12pm – 6pm Fri: Closed Sat & Sun: 12pm – 5pm

Prices, sizes and specifications subject to change without notice. Illustration is artist’s concept. E. & O. E.

FEBRUARY 4 - 18, 2017 | NEW CONDO GUIDE 9

contents FEBRUARY 4 – 18, 2017 | VOLUME 21, ISSUE 3

20

ON THE COVER

Via Bloor: New Tridel condo at Bloor and Parliament connects buyers to the best of downtown

+ online NEIGHBOURHOOD

HOME SEARCH

MORE +PHOTOS +VIDEOS +ADVICE +INSPIRATION +TRENDING

WITH

DYNAMIC MAPS

10 YPNEXTHOME.CA

LOOK FOR THE CIRCLE

property profiles

trending

6

24 Housing market news

Pemberton Group

Mills Square: Pemberton’s newest condominium is coming soon to prestigious Erin Mills

50 The Daniels Corporation Exciting announcement offers even more opportunity at Daniels Waterfront – City of the Arts

62 The Gupta Group

Icona Condominiums: A commanding presence in downtown Vaughan

Three reasons Americans won’t be buying up Canadian homes

by Wayne Karl

34 Lindvest

SuperSonic coming soon to North York

40 Homebuyers’ help

Seven questions to ask your condo builder

by Lydia McNutt

32

Legally speaking

Countdown to closing

by Jayson Schwarz

33

50

Condo pro

Condos: a first choice for a first home

by Barbara Lawlor

62

54 Mortgage matters

Four questions to ask your mortgage broker

by Alyssa Furtado

inspiration

28 Editor’s choice

Top picks from IDS17

by Lydia McNutt

36

Style file

Famous names on home furnishings

by Elisa Krovblit

56 Designer advice

Mix and match: how to play with pattern tastefully

by Yanic Simard

64 Q&A

Cabin fever with Colin and Justin

by Stephanie MacDonald

42 CMHC report

GTA’s “overvalued” housing spreading to surrounding cities

44 Housing market news

60 Homebuyers’ help

How much will your home insurance cost?

How four neighbourhoods transitioned through the years

by Wayne Karl

by Sonia Bell

CMHC to increase mortgage insurance premiums, again

advice

12

by Wayne Karl

47

Housing market news

The world’s most-expensive housing markets revealed

52 CMHC report

Problematic housing market conditions for second consecutive quarter

58 Finance

Bank of Canada holds interest rate steady

48 Harbourfront

by Brandon Bastaldo

68 Urban development

2016 a record year for new highrise homes in the GTA

46 Mortgage news

neighbourhood profile

17

BILD report

buyers’ resource section

74

Hot properties 905

75

Hot properties 416

Redeveloping Ontario’s heritage buildings

Previews, new releases and grand openings in the 905 Previews, new releases and grand openings in the 416

by Bryan Tuckey

in every issue

Stat chat

02 Editors’ note

What is going on in Toronto’s condo rental market?

by Ben Myers

22 News and views

04 Contributors 86 Advertiser index 87

What’s online

Small but sweet: The homebuyer’s mantra of 2017?

district maps

by Lydia McNutt

82 905 region

76

Toronto and Waterfront

FEBRUARY 4 - 18, 2017 | NEW CONDO GUIDE 11

Advice | BILD REPORT

Old is new again: Redeveloping Ontario’s heritage buildings

By Bryan Tuckey

MORE ADVICE ONLINE ypnexthome.ca/news/advice

ACROSS THE GTA, existing neighbourhoods are evolving and more heritage buildings are being integrated into new developments as we build to the Province’s intensification policies.

Developers work to determine how a heritage structure will become a feature of a new development while working closely with municipal heritage staff to ensure preservation laws are followed.

Municipalities can designate a building as a structure of heritage value provided that it meets one or more criteria as outlined in the Ontario Heritage Act. The redevelopment of a heritage property can take on many forms and the developer will need to consider different methods such as adaptive reuse or restoration in order to determine how best to integrate a structure. A successful project involves the collaboration and expertise of developers, consultants and contractors that are familiar with the complexities of merging historic buildings into new designs.

Adaptive reuse is when a historic building is modified so that it can be used for a new purpose, such as an abandoned factory becoming the main floor of a new condo tower.

Its features are either enhanced or changed to fit the new design.

Building restoration is when a structure of historic value is restored so that it looks like it did when 12 YPNEXTHOME.CA

originally constructed.

An example of an adaptive reuse project is Hullmark Developments’ 60 Atlantic located in the heart of Liberty Village. Working with Quadrangle Architects, Hullmark transformed an 1898 warehouse into a new, 43,000-sq.-ft. mixed-use commercial development. Retail space was added at street level, and offices and studios were constructed on the upper floors. The building was restored and increased in size to include a glass addition linking all floors and a sunken outdoor courtyard to house a restaurant and patio area.

Transforming the structure included removing elements such as walls, enhancing the heavy wooden beams, restoring ceilings, floor plates and windows, and stripping the original beige brick walls and adding grey bricks for contrast.

The old Carrville Post Office and General Store in Vaughan is a great example of a restoration project. The Remington Group brought the 1845

structure back to life by restoring its exterior to its original form. The building now serves as a gluten-free vegan bakery in the centre of the village of Carrville.

The historic Waterworks site at 505 Richmond St. W. is another adaptive reuse project that is currently underway. It was formerly a City of Toronto’s Water Works facility and dates back to 1837. The massive building and garage are being transformed by MOD Developments into a new 13-storey residential and commercial development with 290 boutique condos, a rooftop garden, a YMCA and a European-style food hall at its centre where vendors and restaurants will offer the public foods from around the world.

Bryan Tuckey is president and CEO of the Building Industry and Land Development Association, and a land-use planner who has worked for municipal, regional and provincial governments. Follow him on Twitter @bildgta, facebook.com/bildgta, and bildblogs.ca

Daniels City Centre

COMING THIS summer

to mississauga’s city centre This summer, Daniels will introduce the newest addition to their iconic 23-acre master-planned, mixeduse community at Daniels City Centre. Located at the corner of Confederation Parkway and City Centre Drive, this new residential tower will be nestled within a destination neighbourhood offering convenient retail and restaurants, a 3-acre park, public art and a central mews connecting residents and creating neighbours, not to mention easy walking access to some of the Mississauga City Centre’s finest attractions including Celebration Square, Square One Shopping Mall, and Sheridan College.

Discover how you can become part of this remarkable community this summer.

OVER 34 YEARS OF EXPERIENCE BUILDING 27,000 HOMES AND COMMUNITIES FOR PEOPLE TO love where they live.

Knock

Knock there?

A tall good-looking newcomer with urban charm.

Register Today Dani e ls ci tyce ntre . com

905-819-8889 Exclusive Listing: CityLife Realty Ltd., Brokerage. Brokers Protected. Illustrations are artist’s concept. Prices, specifications and programs are subject to change without notice. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. E. & O.E.

FEBRUARY 4 - 18, 2017 | NEW CONDO GUIDE 13

14 YPNEXTHOME.CA

FEBRUARY 4 - 18, 2017 | NEW CONDO GUIDE 15

SPECIAL CHINESE NEW YEAR PROMOTION SAVE 1% OFF THE PURCHASE PRICE* Discover the second tower at the successful SkyCity Condominiums in the heart of Richmond Hill.

An unsurpassed fusion of great location, 17,000 sq. ft. of gorgeous amenities and outstanding value all just minutes from the GO Transit, VIVA and YRT transportation hub.

FINAL OPPORTUNITY TO OWN! UNDER CONSTRUCTION Condominiums at Yonge & Highway 7 from the mid $300’s.

Sales Centre: Red Maple Rd., at Highway 7 T 905.709.5700

Learn more at pembertongroup.com *See a sales representative for full details. Exclusive Listing Brokerage Circle M Realty Corporation. Brokers protected.

Prices and specifi cations are subject to change without notice. Illustration is artist’s concept E.&O.E.

SkyCity Condos / Richmond Hill

We call it Pemberton.

SkyCity Condos / Richmond Hill

Downtown Erin Mills / Mississauga

Indigo Condominiums / Maple

Ten93 Queen West / Toronto

The Urban Townhome Collection / Toronto

All illustrations are artist concept.

Current Communities

Coming Soon

Everything a home should be.

The Pemberton difference isn’t simply in how we build. It’s in what you feel. The feeling you get when we’ve delivered exactly what we promised and everything you want.

A feeling that, while difficult to describe, feels overwhelmingly right. With decades of experience and a reputation for building truly exceptional condominiums in the Greater Toronto Area’s greatest communities, we invite you to experience the feeling yourself.

Learn more at pembertongroup.com

You call it a new year’s resolution.

OPEN-CONCEPT

THE GO

I N D I G O CO N D O M I N I U M S I N M A PLE

Last chance for pre-construction prices!

Two-bedrooms from the mid $400’s Townhomes from $654,900 Join the success before pricing goes up. Our collection of spacious two-bedroom suites are almost gone.

Don’t miss out! Visit the presentation centre today.

pembertongroup.com

MAJOR MACKENZIE DR W

DUFFERIN ST

Exclusive Listing Brokerage, Royal LePage - Your Community Realty. Brokers Protected. Prices and specifi cations are subject to change without notice. Illustrations are artist concept E.&O.E

EAGLE ROCK WAY

MCNAUGHTON RD E

Presentation Centre 1860 Major Mackenzie Dr., Units 7 & 8

KEELE ST

905.553.1430

MCNAUGHTON RD

Advice | STAT CHAT

What is going on in Toronto’s condo rental market?

By Ben Myers

MORE ADVICE ONLINE ypnexthome.ca/news/advice

IF YOU HAVEN’T NOTICED, there are

a lot of condominiums being built in the Greater Toronto Area (GTA).

According to market research firm Urbanation, there were 17,553 new condo apartment units registered in the GTA last year. Overall, there are now over 310,000 condo units in the GTA, of which approximately 26,000 were rented out in 2016. Based on the growth in the average condo rental rate of 11.7 per cent annually, there clearly wasn’t enough supply available for prospective renters.

The average condo in the GTA was being leased for just shy of $2,000 per month in the fourth quarter, and it took landlords just 13 days on average to find a tenant. It’s not just a “downtown Toronto thing” either. Demand for high-quality rental product is very strong in the suburbs as well, with condo units lasting just 12 days on the market in Vaughan and Richmond Hill, and 11 days in Mississauga in Q4-2016.

If you’re considering becoming a private landlord yourself, or thinking of purchasing your first condo, you’re probably asking what is driving the market?

The metro area added approximately 90,000 people and 39,000 jobs in 2016 – these are two of the key market fundamentals to watch. In addition to the condo apartments listed above, about 15,000 single-detached, semi-detached and townhouses, and 2,300 rental apartments were built last year, so

about 35,000 new units in total. With 90,000 new people, 39,000 new jobs, but just 35,000 new units, there’s a lot of competition for so few units.

If several people are all vying for the same properties, they’ll bid up the price or the rental rate.

With huge competition for units and low interest rates, plus the anecdotal evidence of more foreign dollars in 2016, both prices and rents shot up. Debate rages on about people taking on too much debt, if interest rates will rise, or if foreign buyers will pull out of the market, yet none of these factors disrupted the condo sector last year. There are claims that a “fear of missing out” or “self-reinforcing price expectations” are fueling condo price growth, but they don’t fully explain the major increase in rental rates. The new mortgage insurance rules are expected to take some steam out of the Toronto market, but they may also

make it more difficult for first-time buyers to qualify for a mortgage (and drive up rents). My expectation is that rents won’t appreciate in the doubledigit range in 2017, as a higher level of new supply hits the market, and the government’s intervention cools demand from today’s lofty levels.

Despite my forecast, the Toronto condo rental market is the hottest that it has ever been, and there are plenty of reasons to believe it will stay that way this year. If you are looking for a unit to rent or purchase for yourself, or to buy as an investment, do your research, get advice from a Realtor, and good luck!

Fortress Real Developments partners with builders across Canada, and Ben assists in evaluating the market and projects that Fortress engages in.

Follow his blog posts and commentary on the Canadian housing market at fortressrealdevelopments.com/news or follow him on Twitter at @benmyers29.

FEBRUARY 4 - 18, 2017 | NEW CONDO GUIDE 17

18 YPNEXTHOME.CA

FEBRUARY 4 - 18, 2017 | NEW CONDO GUIDE 19

Property Profile | TRIDEL

Location

cover story

Bloor Street and Parliament, Toronto Builder

Tridel Development

Via Bloor Home Type

condo suites from 522 to more than 1,100 sq. ft., ranging from one-bedroom to three-bedroom plans Sales centre

4800 Dufferin St. (entrance B) Contact

New Tridel condo at Bloor and Parliament connects buyers to

the best of downtown STANDING AS THE EASTERN GATEWAY to the city’s famed Mink Mile, Tridel is poised to add a new landmark to Bloor Street — one of Toronto’s grandest and most elegant avenues — with the addition of Via Bloor, the developer’s latest mixed-use community. Positioned on a prime piece of land at the corner of Bloor and Parliament, the site is ideally located at the nexus of several of Toronto’s most desirable neighbourhoods, transit lines and park systems.

20 YPNEXTHOME.CA

“The location is without parallel,” notes Tridel’s executive vice-president of sales and marketing, Jim Ritchie.

“While we will create a new front door from the east to the fashionable boutiques, chic restaurants and cultural institutions of Bloor Street West, our location puts us on the doorstep of some of Toronto’s most desirable neighbourhoods, including Rosedale, Yorkville, Greektown, Riverdale and The Village.”

Ritchie continues raving about Via Bloor’s location by pointing out that the community sits adjacent to the Don Valley and Rosedale ravine systems, while being “just minutes from several of Toronto’s leading hospitals, public and private schools, and downtown colleges and universities including Ryerson, George Brown and U of T. It’s also steps away from the TTC’s Sherbourne and Castle Frank stations.

“With its unique position between the city’s best residential communities, commercial neighbourhoods, and its institutional and cultural centres, we think Via Bloor’s location is the best in downtown Toronto.”

While it may ultimately be recognized for its location, Via Bloor might, perhaps, be best defined by what happens at grade and the

RENDERING CREDIT: BRICK

416.649.2500, viabloor@tridel.com, tridel.com

pedestrian experience it creates.

The podium of Via Bloor has been inspired by the form and luxurious building materials characteristic of Bloor Street at Avenue Road, and Tridel, together with architectsAlliance and the landscape designers at Janet Rosenberg and Associates, have created a ground-floor design that takes advantage of widened sidewalks and public spaces to create a promenade, articulated by a series of retail stores, residential features and Green elements.

That sense of luxury in the exterior design is mirrored throughout the interiors, defining the style of the suites, common areas and amenity spaces, all created by II by IV Design Associates.

Within the two towers (38 and 46 storeys), the suites range in size from 522 to more than 1,100 sq. ft. in a range of layouts, from efficient one-bedrooms to expansive threebedroom designs. Prices range from $366,000 to just over $900,000.

Suites feature a range of designerselected finishes including plank laminate flooring and energy-efficient appliances.

Beautiful yet highly functional kitchens offer designer hardware, a choice of designer cabinetry packages featuring two-tone cabinets and contemporary-style doors, a choice of granite or quartz kitchen countertop with polished single square edge and a contemporary stainless steel appliance package (per plan). Elegant bathrooms boast a frameless glass shower enclosure with chrome hardware, a five-ft. white soaker tub and polished chrome faucet allows for the ultimate in relaxation.

And in typical Tridel style, Via Bloor also includes a lavish amenity program, this time spread out over an expansive 26,000 sq. ft. inside and out.

Highlights include two luxurious lobbies with 24-hour concierge, a stunning outdoor pool and terrace,

a spacious games room and north and south party rooms, complete with outdoor lounge and private barbecues.

Other amenity offerings include a spa lounge, fitness centre with weight room, spin and yoga studio, gym lounge and outdoor area and a stateof-the-art theatre.

Targeting a Leadership in Energy and Environmental Design (LEED) Gold-certified building with cuttingedge Green features, Via Bloor will offer state-of-the-art technology including unlimited Internet connectivity and Tridel Smart Home wall pads as standard features.

To be part of this unparalleled community, visit Tridel’s presentation centre at 4800 Dufferin St. (entrance B) Monday to Thursday 11 a.m. to 7 p.m.; or noon to 6 p.m. on weekends and holidays. Call 416.649.2500, email viabloor@tridel.com or visit tridel.com for more information.

FEBRUARY 4 - 18, 2017 | NEW CONDO GUIDE 21

Advice | NEWS AND VIEWS

Small but sweet: The homebuyer’s mantra of 2017?

By Lydia McNutt

MORE ADVICE ONLINE ypnexthome.ca/news/advice

AS THE SAYING GOES, good things come in small packages. In fact, this may be the mantra for many homebuyers in 2017, given the steady rise in real estate prices. National housing affordability hit an eightyear low in the third quarter of 2016, according to the latest Housing Trends and Affordability Report issued

by RBC Economics Research.

Single-family homes scored a hardto-swallow measure of 49.4 per cent, while condos came in at a moredigestible 35.6 per cent. What does this mean? Those dreaming of the single-detached life in Canada should expect to shell out 49.4 per cent of their pre-tax income – providing they earn at least an “average” income.

Sound high? Don’t be mistaken, these numbers are sharply skewed upward by the hot housing markets in Vancouver and Toronto.

Vancouver scored 92 percentage points across all housing types, while affordability in the Greater Toronto Area reached 63.7 – the steepest erosion of affordability nation-wide.

To cool these overheating markets, Ottawa implemented new mortgage rules late last year, requiring that insured mortgages (those with less than 20-per-cent down payment) qualify at the central bank’s posted rate of 4.64 per cent. This is the case, even if the rate offered by your lender is lower. When rates do eventually rise, the increase in payments will be manageable.

Then there’s your Gross Debt Service 22 YPNEXTHOME.CA

ratio to think about. When applying for a mortgage, the lender combines your total housing costs (including mortgage, property tax and heating) and calculates what percentage they are of your gross monthly income, known as your GDS ratio.

Under the new mortgage rules, your GDS ratio must not exceed 39 per cent of your gross income – 10 percentage points below Canada’s average cost of single-detached home ownership, as per RBC Economics Research.

“The new mortgage insurance rules may help affordability over time, but 2017 is likely to see a tug of war between these market-cooling policy measures and rising longer-term interest rates, pulling affordability in opposite directions,” Craig Wright, RBC’s chief economist, noted in the report. “The net effect of this on the costs of owning a home is unclear at this point.”

Since Q3 of 2016 marked the sixth consecutive time affordability dropped, let’s err on the side of safety and assume that costs will continue rising in the foreseeable future. Forms of home ownership are evolving to survive the storm, so to speak.

Increasingly common are options like secondary suites as sources of supplementary income to help pay off that hefty mortgage debt, and new housing types that are smaller in scale and price – enter the micro condo.

Who says the key to happiness is a 2,500-sq.-ft. detached house, anyway? Perhaps your dream home isn’t a house at all.

Condo living can afford you the hottest locations, coolest finishes, and five-star luxuries like concierge service, a gym or a rooftop pool, at an affordable price. How much would you pay for a detached house that offers all that? Perhaps on your scale, amenities rank higher than a little extra square footage.

Weigh the pros and cons of each housing type, then decide which best suits your lifestyle and budget. You might be surprised at where you end up!

Lydia McNutt is an award-winning writer and the editor of New Condo Guide.

Lydia’s love of architecture, interior design and the written word have landed her happily at YP NextHome, where real estate rules. Lydia can be reached at Lydia.McNutt@ypnexthome.ca, and follow her on Twitter @LydiasTweets

Trending

3 reasons Americans won’t be buying up Canadian homes

By Wayne Karl

NOW THAT DONALD TRUMP has been sworn in as the 45th president of the United States, should we prepare for an onslaught of Americans moving north and buying Canadian homes?

Don’t bank on it.

The “possibility” was well publicized leading up to the election last November, with search terms such as “How to move to Canada” and “How to become a Canadian citizen” skyrocketing on Google during and after the election, even leading to a reported crash of Citizenship and Immigration Canada’s website on election night on Nov. 8.

Now, Royal LePage Canada and others are fanning the flames even more. On the morning of the inauguration, the realty firm issued a press release titled “U.S. Interest in Canadian Real Estate Surges Following U.S. Presidential Election.”

“American web traffic on royallepage.ca, the company’s consumer real estate portal, has been highly correlated to recent U.S. political events. U.S.-originated sessions surged 329 per cent the day following the election and climbed 210.1 per cent year-over-year the week after Donald Trump’s victory,” the release said. “Looking at the full month of November 2016, U.S. web traffic grew 73.7 per cent year-overyear, when compared to the same period in 2015. This trend continued throughout the remainder of 2016, with American web traffic rising by 40.9 per cent year-over-year during the fourth quarter.”

We can’t blame Royal LePage for publicizing the web search trend. It’s the company’s job, after all, to sell homes.

But it’s a bit of a stretch that Canadians should batten down the 24 YPNEXTHOME.CA

hatches and prepare for an onslaught of Americans offering wheelbarrows full of U.S. greenbacks for their Canadian homes. (Sorry, Canadian homeowners.

And you’re welcome, prospective Canadian homebuyers; prices in some markets are rising fast enough as it is.)

Let’s also remember Royal LePage, and every single one if its agentrespondents to its survey, would have a vested interest in a sudden and severe spike in Americans buying Canadian homes.

We need a reality check here.

Putting aside all jokes about Americans crossing the border – in summer – with skis affixed to their car rooftops to hit the slopes and other misconceptions, their fear of their new leadership is no laughing matter.

But Americans cannot just pick up and move here, because they don’t like their new president.

Here’s why:

IMMIGRATION LAWS Immigration to Canada is complicated, and it depends on a person’s background, according to Robin Seligman, a Toronto-based a specialist in Canadian immigration law, past chair of the Canadian Bar Association and Ontario Bar Association.

“We have express entry, and each province has numerous programs,” she told YP NextHome. “As well, we have options for work permits if the person has

personal use, versus investing in a rental property, from a tax perspective, is easier to deal with, although there are still issues such as changes to the principal residence exemption rules that came about last fall.”

MORTGAGE REQUIREMENTS

MORE TRENDING ONLINE ypnexthome.ca/news

an employer in Canada, or under NAFTA if they are on the professional list.”

Just as Canadians face regulations when wanting to head to the U.S. for employment, there are similar rules for Americans wanting to head the other way.

“We also have the labour market impact stream, so employers in many cases must first try to hire a Canadian or permanent resident for the job,” Seligman says. “However, there are many exemptions, including intra-company transfers and NAFTA exemptions.”

Even those provisions may change, however, if Trump signs executive orders to renegotiate NAFTA.

TAX ISSUES Clearly, there are a variety of tax issues to deal with, and certainly legal issues involved in acquiring properties here and moving to Canada. But basic questions can be as simple as, when does a person become a ‘resident’ of Canada for tax purposes?

“For U.S., citizens, they will need to deal with various U.S. tax issues as a result of their U.S. citizenship,” says George Dube, a partner at BDO Canada LLP, Waterloo, Ont. “And, they will need to abide by different tax regulations while considered a non-resident of Canada versus as a resident, such as withholding taxes, filing requirements, eligibility for deductions and credits.

“It’s quite doable for most, it’s just there are right ways and wrong ways that require guidance from qualified tax and legal professionals. Owning a home for

“Foreign buyers – including Americans – will have a more difficult time qualifying for a mortgage than Canadians,” says James Laird, cofounder of RateHub and president of CanWise brokerage. “The down payment requirement is higher, and there are additional challenges around proving income.”

While Canadian citizens and permanent residents have the option of paying a minimum five-per-cent down payment, out-of-country buyers will need to pay roughly 10 times that amount to compensate for their lack of Canadian employment to qualify for competitive financing from an A lender, according to RateHub’s real estate brokerage affiliate, Zoocasa. For those Americans who would manage to pay less than 20 per cent down, they would also need to adjust to a 25-year amortization timeline, rather than the 30-year products available in the U.S. As for Royal LePage’s survey, American interest was primarily focused on Canada’s largest markets, with Ontario, British Columbia and Quebec receiving 72.7 per cent of all U.S. regional page views generated on royallepage.ca Ontario led, with 41.4 per cent of U.S. regional page views directed to the province, with most of the interest (62.5 per cent) in the GTA. British Columbia accounted for 17.4 per cent of U.S. regional page views, though, Victoria – not Vancouver – garnered the most attention, at 32.1 per cent.

Provinces affected by recent economic downturns saw minimal interest from American buyers, with Alberta accounting for only 7.6 per cent of total interest, with most of that in Calgary (54.6 per cent) and Edmonton (27.3 per cent).

FEBRUARY 4 - 18, 2017 | NEW CONDO GUIDE 25

THE GTA’S GREATEST

BY LIBERTY DEVELOPMENT 10 MODELS FOR VIEWING - BOOK YOUR SHOWING NOW

CondoHomeShow.ca/booking

CondoHomeShow.ca

STEELES AVE.

READY!

HWY 7

7163 Yonge St., Unit #124

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

26 YPNEXTHOME.CA

LESLIE ST.

AVE .

Street

DON CAS TER

YONGE ST.

READY! 7890 Bathurst

YONGE ST.

TTC/VIVA

BATHURST ST.

CENTRE ST.

STEELES AVE. W.

BAYVIEW AVE.

JOHN ST.

407 BEVERLY GLEN BLVD.

RICHMOND HILL

ROCKWELL RD.

YONGE & STEELES

BAYVIEW AVE.

THORNHILL

READY! 370 Hwy. 7 East,

HWY 407

Unit #113

WHAT DO YOU WISH FOR IN A CONDO? ROOFTOP PATIO PARKS & TRAILS NEXT DOOR TTC, HWY 404 & 401 MINUTES AWAY MINUTES TO FAIRVIEW MALL MAKE YOUR WISH COME TRUE THIS SPRING

COMING SOON TO SHEPPARD EAST

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

FEBRUARY 4 - 18, 2017 | NEW CONDO GUIDE 27

Inspiration

Editor’s

CHOICE

Toronto’s annual Interior Design Show is a hot spot for what’s new in the wonderful world of design and decor. It’s where trends are revealed, creative concepts come to life, and designers take the stage to showcase their best. Here’s what caught my eye for 2017.

by LYDIA MCNUTT

independent designer Nika Zupanc and her highly acclaimed Sé Collection, presented by South Hill Home and loosely inspired by the Olympics. southhillhome.com

“Design is a profession you learn on the street.”

–Designer Nika Zupanc

these colourful collage tiles by San Antonio, Texas-based carpenter, furniture-maker and artist extraordinaire Peter Glassford. peterglassford.com 28 YPNEXTHOME.CA

the Ontario Wood exhibit, showcasing designers and manufacturers who work with locally sourced wood. This artful installation was conceived and created by blackLAB architects inc. in partnership with Lewitt Construction, Moses Structural Engineers, and Dark Tools.

these curated environments, ranging from public lounges and cafés. This “shocking” bar is by Hollis+Morris hollismorris.com and Alison Milne alisonmilne.com

these trendy tile selections from Surfaces & Co. surfacesco.ca

Partisans “illuminating” demonstration. This diverse team of architects, artists, thinkers and cultural enthusiasts is devoted to a cause: smart, beautiful and provocative design. partisanprojects.com

FEBRUARY 4 - 18, 2017 | NEW CONDO GUIDE 29

Canadian

PROPERTY INVESTOR

Vancouver | Toronto | Ottawa | Calgary | Edmonton

ON STANDS NOW!

Find your next investment with exclusive real estate opportunities, insider insights and expert tips designed for the savvy investor PICK UP A COPY TODAY!

Read the digital issue on

30 YPNEXTHOME.CA

Available at these locations: • YP NextHome street boxes

• Airport lounges • Transportation hubs

• Newspaper insertions

• Street retail racks

• Select hotels

• Direct mail

organic. natural. beautiful. the first thing you notice as you walk into the lobby of ivy, is the living green wall; the texture and lush colour abound in this natural, visually uplifting, living work of art. ivy. plant yourself here. condos from the low $300s

a fresh approach to downtown living

coming soon to downtown toronto

grow your future. register today.

416.306.6484 exclusive listing brokerage brokers protected. all prices and specifications are subject to change. rendering is an artist’s impression. e.&o.e.

FEBRUARY 4 - 18, 2017 | NEW CONDO GUIDE 31

Advice | LEGALLY SPEAKING

Countdown to closing: what you need to do

By Jayson Schwarz

MORE ADVICE ONLINE ypnexthome.ca/news/advice

LAWYERS HAVE a tendency to forget that homebuyers typically don’t know what to expect as they move toward their closing date.

All the delays are over and your builder has sent a letter to your lawyer and/or yourself, informing you that closing of your newly built condo will occur soon and the closing date is firm. By now, your lawyer has completed all necessary searches and arranged for title insurance.

The first thing you need to do is to advise the utility companies and the municipal tax department in writing, of your name, new address, phone number and set up your accounts.

Clarify with your lawyer whether he is doing this for you (it is often an 32 YPNEXTHOME.CA

extra charge). There are plenty of books and manuals published on this topic, so check around. Set up your accounts and learn who to call in an emergency or when you need service; identify your closest police and fire departments and hospital.

Subject to when he receives the adjustments from the builder’s lawyer, your lawyer should call you anywhere from a week to two days before the closing and provide you the exact financial figures you need to close the deal. Your lawyer is as anxious as you to get you the right numbers and receive your money, but sometimes the other side is slow in providing the final figures. Remember, generally, all cheques need to be certified as they go through the lawyer’s trust account. Ensure that your financial institution has provided your lawyer with mortgage instructions at least a week before closing. Your lawyer cannot close your deal without this, and it is your obligation to ensure he has these instructions in a timely manner. So, follow up with your

broker, bank, trust or private lender.

Just before the closing, you will do your Tarion pre-delivery inspection.

All right, inspection done. It’s closing day. Now what? Your lawyer delivers the certified cheques to the builder’s lawyer and then both lawyers sign off on the documents through the Government of Ontario’s electronic registry system (Teraview).

All documents are registered and you own the condo! What about the keys?

Keys are either handed over at the site, through your real estate agent, or your lawyer will have them. Your lawyer should phone you with this information.

Now what? Move in and enjoy, and some time in the next 60 days your lawyer should provide you with his report with all your documents and his final account.

Jayson Schwarz LL.M. is a Toronto real estate lawyer and partner in the law firm Schwarz Law LLP. Visit schwarzlaw.ca or email info@schwarzlaw.ca and give us your questions, concerns, critiques and quandaries.

THE RENAISSANCE OFF YONGE HAS BEGUN. CULTIVATE YOUR LIFESTYLE IN THE GARDEN DISTRICT. Fleur, a Menkes condominium, mingles with the community to create a building of modern design set amidst historical ambiance, purposefully poised to become the most fashionable address in the city.

REGISTER AT MENKES.COM

365 CHURCH

THE EGLINTON

87 PETER

HARBOUR PLAZA

CHURCH & CARLTON

YONGE & EGLINTON

PETER & KING

HARBOUR & YORK

From the low $400’s 416.591.7700

From the high $200’s 416.591.7700

Penthouses from $780,990 416.591.7700

Coming soon Penthouses from $2.1 million 416.591.7700

LEARN MORE AT THE MENKES CONDO CENTRE AT 770 BAY STREET, TORONTO. See sales representative for details. Prices and specifications are subject to change. E.&O.E. 2017

Advice | CONDO PRO

Condos: a first choice for a first home

By Barbara Lawlor

MORE ADVICE ONLINE ypnexthome.ca/news/advice

TIME AND AGAIN, owning real estate has proven to be a wise investment.

Historically, homeowners have done well with their return-on-investment when they sell and move up or right-size their living arrangements.

If you have not yet entered the into home ownership, now would be a good time. Mortgage interest rates continue at incredibly low levels, and this single-digit rate phenomenon will come to an end someday. By all means, with prices the way they are today, consider a condominium for your first home. Builders across the Greater Toronto Area are offering wonderful residences that have achievable entry prices for first-time buyers.

When you shop for a condo, think ahead and do some research so you find the best fit for your budget and lifestyle. Spend some time online checking out builders and communities in the area where you would like to live. Location is important in so many ways, from how convenient it is to get to shopping, schools and other amenities, to your work commute. Explore each building’s proximity to public transportation and highways. Will the condo feature a car-share program and facilities to store bicycles? Even better, can you walk to local shops and services? If you do not have to own a vehicle, that leaves a lot more potential for how much condo you can afford.

Consider the architecture as well. You need to feel comfortable coming home to your building. The

diversity of architecture available right now ranges from avant-garde to traditional, and everything inbetween. Within this framework, pay careful attention to the amenities included in the building. Remember that amenities are one of the major reasons why condominium living is so much fun. You can access fitness facilities, party rooms, theatres, pools and/or a raft of other common areas that are uncommonly beautiful. These amenities expand on your living space and eliminate the need to leave home to entertain, exercise and socialize.

When you are deciding what you can afford in a condominium, be careful to count square footage as only one of the parameters. The layout of your suite will actually be more critical to how livable it is for you. Picture yourself in the suite going about your day-to-day routine.

Envision what it will be like when you have a few friends over. If the builder has provided a model suite or two, all the better! Translating a floor plan into reality can be a challenge for first-time buyers.

Walk through models in person whenever you can to get a true idea of the suite’s practicality and potential. Models also offer wonderful

ideas for decorating and making the most use of compact spaces.

When it comes to the bottom line, ask questions. Is the builder offering any special incentives, capped mortgage rates or bonus offers? Take advantage of every financial opportunity that comes your way. If you are buying a suite as an investment, you may find that a one-bedroom-plus-den is more easily rentable than a one-bedroom suite and may be within your financial reach with incentives.

Whatever you decide, my advice is to buy new and buy now.

Condominiums have been selling like hotcakes across the GTA for good reason. They offer a carefree, maintenance-free environment with terrific amenities in outstanding locations. Standard features and finishes are beyond what we thought possible a decade ago. With a little homework and legwork, your first home can be a great home when you choose a cool condo.

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.

FEBRUARY 4 - 18, 2017 | NEW CONDO GUIDE 33

Trending

Coming soon: SuperSonic

by Lindvest COMING SOON, Lindvest will introduce SuperSonic – the second contemporary tower in their North York condominium community, in a park-like setting at Eglinton Avenue and Don Mills Road. SuperSonic will build on the success of Sonic condos and will offer impressive new layouts, with the majority being onebedroom-plus-den and larger. Pricing will start from the low $300,000s with a remarkable 80 per cent of units priced under $500,000 – among the most affordable in a convenient city locale.

Professionally designed suites range in size: one-bedroom-plusden, some with two baths, at 613 sq. ft.; two-bedrooms starting at 651 sq. ft.; and spacious three-bedroom suites starting at 941 sq. ft. All suites include top-notch interior finishes.

Residents will enjoy 25,000 sq. ft. of impressive indoor and outdoor amenity spaces, including a large landscaped park. A fourth-floor rooftop terrace, a stylish party room, fitness room and yoga studio, and a pet wash are among the many building amenities.

This fabulous location is only a few minutes from the Don Valley Parkway.

The Crosstown (thecrosstown.ca) light rail line is scheduled to be in service in 2021, offering connectivity with subway and GO Transit.

SuperSonic’s neighbourhood has many cultural and entertainment venues, such as the Aga Khan Museum, shops, services, trails and parks.

Founded in 1998, Lindvest upholds the stellar reputation for excellence of its parent company, H & R.

For more information register today at lindvest.com/supersonic.

34 YPNEXTHOME.CA

SuperSonic by Lindvest

MORE TRENDING ONLINE ypnexthome.ca/news

FUTURE PERFECT CONDOS.™

e eps away from th ILT FOR IT. U B E meets bloom. St R om U zo T e U er F , wh A rk , lls pa n Mi aped LIVE IN sh. With a landsc at Eglinton and Do u’ll live town in a fla perSonic home, yo ady for everything able to zip down be ll u’ yo n, io When you call Su SuperSonic is re at e, St liv re u nt yo Ce e e er nc wh ht n’s Scie ng areas found rig Eglinton Crosstow and al fresco dini , m gy ed iz -s lly professiona REGISTER TODAY! d for the future. you have planne

sonic r e p u s .com/ t s e v lind

NEW

TOW ER

Don M

ills

!

Eglin

to n

e Futurstown C ro s a n c e s Entr super

io Ontanr ce ^ Scie tre N Ce n

sonic

SUITES FROM THE LOW $300'S. “Lindvest,” “SuperSonic,” their respective logos, “Future Perfect Condos.” and “Life Happens Here.” are trademarks of Lindvest Marketing Limited and are used under license. Reproduction in any form, without prior written permission of Lindvest Marketing Limited, is strictly prohibited. Rendering is artist’s concept only. *Pricing, specs and availability subject to change without notice. E. & O. E. Architecture, design, materials, specifications and services are not actual representations of the project. Information regarding future public transit contains data collected from third party sources, has not been independently verified and is subject to change. For official and updated information please visit thecrosstown.ca. E. & O. E.

FEBRUARY 4 - 18, 2017 | NEW CONDO GUIDE 35

Inspiration | STYLE FILE

FAMOUS NAMES ON

HOME FURNISHINGS How design collaborations work

OVER THE YEARS, we’ve seen tables

by Lenny Kravitz for CB2, Priscilla Presley bedding, and a King Coil mattress collection by Charlie’s Angel Jaclyn Smith. Ellen DeGeneres has a clothing and homewares collection, ED by Ellen. Ken Fulk recently did a collection for Pottery Barn. Luxury Interior Designer Brian Gluckstein has GlucksteinHome, a full housewares brand. Colin & Justin have their own line of products, and designer Samantha Pynn launched her collection for Simons.

So, what does being famous and having a collection or product line mean?

There’s a huge difference between collaborations and endorsements.

Many companies have tried the celebrity endorsement. Did Britney Spears have anything to do with Pepsi? No, but she sure could sell it.

Michael Jordan, however, did know a thing or two about what he wanted in a basketball shoe. It’s about selling lifestyle.

BRIAN GLUCKSTEIN Photo credit: Naomi Finlay

36 YPNEXTHOME.CA

GlucksteinHome by BRIAN GLUCKSTEIN

With Kravitz Design – his own design company – Lenny Kravitz paired up with CB2 to create a collaborative collection. Launched in the fall of 2015, Ryan Turf, managing director of CB2, describes Kravitz as being very passionate about design. More than just an aspirational style, he was involved as both a designer and a collaborator. For CB2, says Turf, it was a way to incorporate the music into their furnishings, since music is an important part of the demographic – and in reverse, Kravitz is a fan of CB2 so he appreciated being part of a brand he enjoys.

The collection is earthy. It’s rock and roll. It’s geometric and reminiscent of great 1970s design. It definitely exudes that part of Kravitz that his music fans know, relate to and love.

While this was a one-off collaboration, when pairing iconic names in the design world with furnishing and decor lines, you find a more organic development.

Interior decor and design is all about creating beautiful spaces. Some designers have that desire to create furnishings they envision for these spaces.

While designers can do this on a client-by-client basis – creating custom textiles, customizing the shape, size or finish of a sofa or table – creating a whole cohesive line for mass consumption is much more of an undertaking.

Decorator, stylist, columnist and CityLine expert Samantha Pynn is also the host of Open House Overhaul on HGTV Canada. She recently completed a new decor line – The Samantha Pynn for Simons collection. This is especially exciting as Simons, the much-adored trends and fashion retailer from Quebec, which has now officially arrived in the GTA at Square One Shopping Centre in Mississauga, Ont.

PHOTO CREDIT: MARK OLSON

By Elisa Krovblit

TOP RIGHT PHOTO: LENOX AUDREY

LENNY KRAVITZ Photo credit: Susan Legge

Kravitz Design by LENNY KRAVITZ X CB2

Kravitz Design by LENNY KRAVITZ X CB2

GlucksteinHome by BRIAN GLUCKSTEIN

Pynn’s collaboration is the authentic design experience – creating the prints, selecting the colours, textiles, materials and developing the pieces to the perfect specifications. “A lot of times they want to put your name on a collection.

I wanted to be designing this from scratch,” says Pynn. “I wanted to have a say – a huge say.

“Simons understood my editorial and design background, and let me take the lead.”

The collection combines classic pieces with contemporary style. There are great patterns, textures and textiles. “The patterns, most are really rooted in the classics – lattice, floral.” There are florals, but not traditional little flowers, they’re big and stylized. There are animal prints.

There are geometrics, neutrals and punches of colour.

“People are really looking for something that will feel fresh for a long time, but still want something to be classic, have longevity, have legs,” Pynn says. “I don’t like disposable design. I didn’t want to go uber-feminine.”

It’s a ‘something for everyone’ collection, and you can see the strength of pieces as they work alone or with others. Consumers can take pieces into different directions, depending on the way they introduce them into their own decor. “A collection,” Pynn explains, “that makes pulling a room together easy.”

FEBRUARY 4 - 18, 2017 | NEW CONDO GUIDE 37

SAMANTHA PYNN Photo credit: RTR Media

Stores pull collections together all the time. Buyers do their jobs and curate.

But when connecting a well-known designer’s name with a collection, consumers have an expectation – a reference to that name. It’s a challenge to design a large collection. The client is broader than a unique design done for an individual client. Price point needs to be a part of the equation, but quality has to be key.

Quite attuned to the quality factor, from the selection of fabrics to the feel of the texture, Pynn’s quality control was to test drive products. She’d take home the throws and try them out, sleep on them, see how they’d feel.

“A well-decorated home makes people’s lives better,” Pynn says, but ultimately, as a professional, to put your name on a collection as a designer is to share your design concepts and vision with everyone – and it needs to measure up. Completely different from endorsement, it’s a statement about your talent, about your vision and your design sensibilities.

The collaboration process was a consolidated effort. “We pushed each other in a positive ‘Okay, I’ll try that’ kind of way,” Pynn says. “Price was an issue, but not a limitation.”

Internationally known and highly acclaimed for his clean, stunning, luxurious design sense, Brian Gluckstein has done numerous collections – and has gone above and beyond to create his own brand. GlucksteinHome was launched in 1999, and since then, it has grown and endured.

38 YPNEXTHOME.CA

SAMANTHA PYNN FOR SIMONS

SAMANTHA PYNN FOR SIMONS

While the price point makes his products more accessible than his interior design fees, the intended consumer is broader. He describes the brand as being for “someone who loves design and wants to elevate the aesthetics of their home.”

As the brand, Gluckstein designs all of the products. “I love all home product and I’m inspired so much every day to design more. It’s important that I keep pushing the quality of product, through elevated design elements and beautiful materials, while keeping the price points sensible.”

Aligning with Hudson’s Bay has made GlucksteinHome very accessible to consumers. “With Hudson’s Bay, we’re able to work with factories all over the world and develop products in a scale that allows for that.”

The next time you shop, take a closer look at that famous name and you’ll be able to get a better idea of who you’re bringing into your home.

COMING THIS SPRING THE FINAL PHASE OF THE ICONIC RIVER CITY COMMUNITY River City is unlike anything else in Toronto. Don’t miss out on the last phase of Saucier + Perrotte’s design masterpiece in the new West Don Lands neighbourhood.

REGISTER NOW

rivercitytoronto.com

FEBRUARY 4 - 18, 2017 | NEW CONDO GUIDE 39

Trending

7 questions to ask your condo builder

By Lydia McNutt SO, YOU’VE DECIDED TO BUY a new condo. You’re not alone.

There were 29,186 new highrise condos sold across the GTA in 2016 – a highrise record and 30 per cent more than in 2015, according to Altus Group.

The GTA’s condo rental market is also experiencing a boom. The average condo rent increased 11.7 per cent year-over-year in the fourth 40 YPNEXTHOME.CA

quarter of 2016 – the highest level of growth ever recorded by Urbanation.

The condo market research firm reports that the average GTA condo is leasing for around $2,000 per month, with units being snapped up after just 13 days on the market.

Condo prices keep rising, both in the resale and rental markets, yet this housing type continues to fly off the market.

These highrise homes are certainly a hot commodity in the GTA. Who are the condo builders making these skyhigh dreams come true across the GTA, and how do you know which one has what you’re looking for?

To distinguish themselves, some condo builders offer financial incentives to entice buyers. Others differentiate themselves with their product – and not all condos

are created equal. Some builders specialize in skyscrapers, while others build more intimate midrise and townhome communities. Some condo builders have an eco-friendly agenda, while others are all about the luxury features.

Take note of what you want in your new condo, and then determine who can deliver. Remember that a little research goes a long way.

Here are seven questions every condo buyer needs to ask before they sign on the dotted line, along with some helpful tips from Canada Mortgage and Housing Corp.: 1 | Who’s building what? Determine your area of choice, and who’s building what there. Ask friends, family members and co-workers for names of reputable builders they have dealt with. Nothing beats first-hand experience. You can also check with the Building Industry and Land Development Association for builders in the area.

2 | What is the builder’s experience?

If this is starting to sound like a job interview, then you’re on the right track. How long has the builder been in business? How many homes or condos do they build each year?

What kind of background and experience do they have? Ask for references, and contact them to find out if previous buyers are satisfied with the homes they bought and the service they received.

3 | Is the builder licensed with the proper registrations required for Ontario? If they don’t take care of their own house, how can you trust them to take care of yours?

4 | Is there a model suite? Tour each one in detail, taking note of what you like and what you don’t. Take your time, and if you feel you don’t know enough about construction to make a decision, bring someone with you who does.

5 | Can I get a site tour? This isn’t always possible, but it’s definitely

How long has the builder been in business? How many homes do they build each year? Ask for references.

If this is starting to sound like a job interview, you’re on the right track. worth asking. You can tell a lot about a builder by seeing them in action.

6 | Can I see the master plan? Request this from the builder as well as the municipality. If you’re moving into a brand-new community, know that it will most likely look very different in 10 years than it does when you buy your home. What’s the future plan in terms of retail, schools and services, public spaces and infrastructure? These can all affect the value of your new home – positively or negatively.

7 | Where’s my camera? Ask as many questions as you can think of, and note the answers to review and compare at your leisure.

Know that if a builder or representative is unable or unwilling to answer your questions, this could be a red flag.

A home is the biggest purchase you’ll make in your lifetime. It can be tempting to buy on a whim, but look before you leap.

Some careful consideration on your part will help to ensure you make a wise move that will enhance your lifestyle for today, and make a great investment for tomorrow!

FEBRUARY 4 - 18, 2017 | NEW CONDO GUIDE 41

Trending

GTA’s “overvalued” housing spreading to surrounding cities: CMHC

THE GREATER TORONTO AREA’S

rising home prices are migrating to surrounding centres – particularly those within commuting distance of the GTA. This is the latest from Canada Mortgage and Housing Corp.’s (CMHC) Housing Market Insight report, which examines the effects of GTA home prices on those of neighbouring markets.

While most housing markets in Ontario have seen substantial price growth over the past 20 years due to favourable economic conditions, CMHC has recently detected moderate or strong evidence of overvaluation in Hamilton and the GTA, suggesting that price growth in those areas is partly driven by other factors.

At a glance… » GTA house prices have increased disproportionately compared to other regions in Ontario.

42 YPNEXTHOME.CA

MORE TRENDING ONLINE ypnexthome.ca/news

» Homebuyers are looking to outlying regions in search of greater affordability, which in turn is driving up prices in those regions. » Historically, house price spillovers from the GTA were prevalent in Hamilton, Barrie and Guelph. More recently, the spillover effect has been occurring a bit farther out, especially in St. Catharines-Niagara.

To further illustrate the spillover effect, the report also considers the potential impact that a positive and negative shock to GTA home prices may have on surrounding areas. While these scenarios are not predictions, they demonstrate that should GTA house prices rise unexpectedly by 10 per cent in a given quarter, Hamilton house prices could rise by 14 per cent within a year. Conversely, an unexpected 10-per-cent drop in GTA prices could lead Hamilton prices to follow suit. In both cases, the impact would moderate over time and be less pronounced in other nearby communities.

“Our evidence supports that increasing single-family home prices in the GTA are persuading buyers to make purchases in nearby communities like Hamilton, Barrie and Guelph where homes are more affordable than within the city. In turn, this is driving up house prices in these neighbouring markets,” said JeanSébastien Michel, principal, Market Analysis Centre, CMHC.

At Queen & Coxwell

The New Wave In Urban Living.

REGISTER NOW

WestBeachCondos.ca Welcome to the west end of The Beach where life moves at a more leisurely pace, and clear waters of Lake Ontario are just steps away.

Here, find WestBeach Condominiums: a sleek, terraced residence with spacious suites, indulgent amenities and a distinct urban vibe.

Stroll to buzzing boutiques and eateries; drive or TTC to downtown in minutes.

Live close to everything, yet feel a world away.

$

from the high

200s

- 18, 2017 | NEW CONDO GUIDE 43 Illustrations are artist’s concept. Prices and specifications are subject to change without notice. ©2017 MARLIN SPRING. Exclusive Agent, FEBRUARY Milborne Real4 Estate Inc., Brokerage, Brokers Protected.

Trending

2016 a record year for new highrise homes in the GTA

By Wayne Karl

WHEN IT COMES TO NEW HOMES in the GTA, 2016 was a record-setting year for low inventory, high prices and highrise condo sales, according to the Building Industry and Land Development Association (BILD).

There were 29,186 new highrise units sold across the GTA in 2016, more than in any previous year on record and 30 per cent more than in 2015, according to Altus Group, BILD’s official source for new-home market intelligence. Sales were up in every region in the GTA, particularly in Durham where sales were more than double those of 2015.

Overall in 2016, there were 47,161 new homes sold in the GTA. Of those, 62 per cent were highrise units and 38 per cent (17,975) were lowrise.

The year that saw the most new homes ever sold in the GTA was 2002, when 53,660 units were sold, of which 72 per cent were lowrise and 28 per cent highrise.

“The decline in lowrise sales in 2016 was due to the lack of product available to purchase, not softer demand,” says Patricia Arsenault, executive vice-president of Research Consulting Services at Altus Group.

“The fact that new product is being quickly absorbed, despite rising prices, shows there is continued buyer interest in purchasing new ground-oriented homes in the GTA.” The number of new homes available to buyers in builders’ inventory across the GTA reached an unprecedented new low at the end of December 2016, while prices for all types of new homes in the GTA broke records. At the end of that month, there were 13,670 new homes available for purchase, less than half of the 30,400 homes that were available in builders’ inventories a 44 YPNEXTHOME.CA

MORE TRENDING ONLINE ypnexthome.ca/news

decade ago. New highrise supply reached a 10-year low, falling to 11,792 units last month. Meanwhile, lowrise supply was 1,878 homes, of which only 742 were single-family detached homes.

Ten years ago, there were 12,871 highrise units available to purchase and 17,529 lowrise units, of which 11,602 were single-family detached homes.

“We have a shortage of housing supply in the GTA that is approaching crisis levels,” says Bryan Tuckey, BILD president and CEO. “Housing is selling as quickly as the industry can bring it to market and the lack of develop-able land that is serviced with infrastructure, excessive red tape, out-of-date zoning and NIMBY-ism are hindering our ability to bring more to the market.”

The lack of supply is forcing prices up across the board. The average price of available new lowrise homes, which includes detached and semi-detached houses and townhomes, was $995,116 in December 2016, and for new singlefamily detached homes in the GTA the average was $1.26 million. The average price of new detached homes increased by more than $273,000 in the past 12 months.

Prices for new highrise homes also reached an all-time high in 2016. In December the average price of condo units in the GTA was $507,128. In December 2006, it was $321,353. The average size of a condo suite in the GTA grew to 826 sq. ft. last month, while the average price per square foot increased to $614. A year ago, the average price per square foot was $584 while the size of an average suite was 775 sq. ft.

TORONTO’S ONE AND ONLY BEACH NEIGHBOURHOOD

visit

Hea r twoodThe Be ac h.c om

Rendering is an artist’s impression.

NEW RELEASE OF SUITE DESIGNS

PRESENTATION CENTRE OPEN 1887 QUEEN ST EAST, JUST EAST OF WOODBINE AVE

Sat & Sun 12-5 pm | Tues & Wed 12-6 pm | Thursday 3-8 pm We are available by appointment. For more info, call 647.342.5333 Exclusive listing brokerage: The Al Sinclair Team ReMax Hallmark Realty Inc.

Heartwood is a boutique residence with 43 thoughtfully designed suites to accommodate your Beach lifestyle. An intimate and warm atmosphere unrivaled by most condominiums in the city. Interiors feature open concept designs,9ft high smooth ceilings, engineered hardwood flooring, integrated gourmet kitchens and designer bathrooms.

It’s warm, comfortable, welcoming – in every way, Heartwood feels like home.

Residences start from the high $400s to $1.5 million

Rendering is an artist’s impression. Prices, sizes and specifications are subject to change without notice. E.&O.E. BROKERS PROTECTED.

FEBRUARY 4 - 18, 2017 | NEW CONDO GUIDE 45

Trending

CMHC to increase mortgage insurance premiums, again

By Wayne Karl

CANADIANS ARE ABOUT TO FACE

yet another potential homebuying hurdle, as Canada Mortgage and Housing Corp. (CMHC) has announced that it is increasing its homeowner mortgage insurance premiums effective March 17, 2017.

Unlike the latest changes to mortgage regulations, announced late last year, this newest round is expected to have a minor impact.

CMHC says the higher premium will result in an increase of just $5 to the monthly mortgage payment of the average CMHC-insured homebuyer.

“We do not expect the higher premiums to have a significant impact on the ability of Canadians to buy a home,” says Steven Mennill, senior vice-president, Insurance. “Overall, the changes will preserve competition in the mortgage loan insurance industry and contribute to financial stability.”

“The increase in premiums for high ratio mortgages will have a minor effect on the average Canadian,” James Laird, co-founder of RateHub and president of CanWise Financial, told YPNextHome.

“Relative to the rule changes that were implemented in late 2016, this is not a major change. Premiums will be increased for all of those Canadians with less than 20 per cent down, but these premiums are added on to the mortgage and paid off over the life of the mortgage, so the cash required on closing does not change. This change specifically will not impact the borrowing habits for the majority of high ratio clients.”

Using RateHub’s mortgage payment calculator, based on an average home price of $730,472 with a minimum down payment of 6.6 per cent (or $48,047), the 46 YPNEXTHOME.CA

current premium is 3.6 per cent of the mortgage amount (purchase price less down payment). For that mortgage amount of $682,425, the CMHC premium is $24,567. With the new premium at four per cent of mortgage amount, the CMHC premium becomes $27,297 – an increase of $2,730. This translates to a mortgage payment increase of approximately $12 per month (based on today’s best rate of 2.44 per cent, amortized over 25 years).

If that buyer has an 18-per-cent down payment, the total down payment would be $131,485. At the current premium of 1.8 per cent of the mortgage amount, that buyer is paying $10,782 in CMHC insurance.

At the new premium of 2.8 per cent of the mortgage amount, the CMHC premium becomes $16,772 – a $5,990 difference for that buyer. This translates to a mortgage payment increase of approximately $27 per month (based on 2.44 per cent amortized over 25 years), RateHub says.

Capital requirements are an important factor in determining mortgage insurance premiums.

The changes reflect the Office of the Superintendent of Financial Institutions’ new capital requirements that came into effect on Jan. 1 of this year that require mortgage insurers to hold additional capital. Capital holdings create a buffer against potential losses, helping to ensure the long term stability of the financial system.

Prior to the mortgage rule changes...

• The average CMHC-insured loan was approximately $245,000.

• The average down payment was approximately eight per cent.

• The average gross debt service ratio (GDS) was 25.6 per cent. To qualify for CMHC insurance, a homebuyer’s GDS should not exceed 32 per cent of their total monthly household income.

Premiums are calculated based on the loan-to-value ratio of the mortgage being insured. The premium can be paid in a single lump sum but more frequently is added to the mortgage principal and repaid over the life of the mortgage as part of regular mortgage payments.

MORE TRENDING ONLINE ypnexthome.ca/news

Trending

The world’s most-expensive housing markets revealed Vancouver takes third place, Toronto ranks ninth

MORE TRENDING ONLINE ypnexthome.ca/news

WE ALL KNOW THAT TORONTO’S housing market is not

for the faint of wallet. Confirming the sky-high costs on a worldwide scale, the 2017 Demographia International Housing Affordability Survey has ranked the city as ninth most-expensive housing market in the world. Not surprisingly, Vancouver came in third.

The survey examined 92 major housing markets around the world (with a population of one million people or more) and a total of 406 metropolitan housing markets in nine countries – Australia, Canada, China, Ireland, Japan, New Demographia International Housing Affordability Survey Housing Affordability Ratings Housing Affordability Rating Affordable Moderately Unaffordable

Media Multiple 3.0 & Under 3.1 to 4.0

Seriously Unaffordable

4.1 to 5.0

Severely Unaffordable

5.1 to Over

Median multiple: Median house price divided by median household income

Zealand, Singapore, the United Kingdom and the United States, in the third quarter of 2016.

The survey rates middle-income housing affordability using the “median multiple,” which is the median house price divided by the median household income.

A multiple of 3.0 or less is considered to be “affordable.”

Toronto and Vancouver were classified as “severely unaffordable” with median multiples of 7.7 and 11.8, respectively.

Hong Kong topped the list with an eye-popping median multiple of 18.1. In second place was Sydney, Australia at 12.2.

Vancouver and Toronto house prices each increased the equivalent of a year’s worth of household income in 2016.

At the opposite end of spectrum, and for the fifth consecutive year, Moncton, NB was Canada’s only market to make the top 10 list of most affordable housing markets, with a median multiple of 2.1. The second most-affordable city in Canada is Fredericton, NB, with a median multiple of 2.2.

FEBRUARY 4 - 18, 2017 | NEW CONDO GUIDE 47

Neighbourhood Profile

Harbourfront The draw of lakeside living

By Brandon Bastaldo

Fast facts

Family structure

FAMILIES

COUPLES

SINGLES

10%

38%

52%

Own vs. rent

53% OWN

MORE PHOTOS ONLINE ypnexthome.ca/harbourfront-toronto

47% ONCE THE HUB FOR Toronto’s

shipping and industrial import/ export industry, this lengthy lakeside neighbourhood known as Harbourfront has undergone a massive transition. Stretching from Bathurst Street in the west to York Street in the east, Harbourfront is an area that sees its east/west boundaries constantly expanding.

With a heavy population of condo dwellers, Harbourfront features numerous community amenities.

The vibe There is a wealth of paid and free programming catering to everyone — from culinary aficionados to music and theatre fans. Harbourfront sports a constantly vibrant neighbourhood feel, and there is always something going on, whether it’s on the water or on dry land. On sunny days and cool afternoons alike, teens, couples and families walk, bike and blade along the boardwalk while buskers and local merchants cater to their every need and whim.

Planes, trains & automobiles The area has immediate access to the Gardiner Expressway and Lake Shore Boulevard – the city’s southern traffic arteries. There are marinas for boaters, the ferry terminal, water taxis and it’s a short hike to Billy Bishop Airport. Public transport was spotty during the throws of construction, but streetcar service along Queens Quay now has dedicated lanes.

Cycling is a great way to get around the area and the dedicated bike path is heavily utilized.

In the area There is a virtually endless roster of amenities here, from the prestigious art shows offered at the Power Plant to shopping and dining at Queens Quay Terminal, the local mall.

Harbourfront Centre offers multiple music venues and festivals all summer long, and in the winter it features a skating rink overlooking the lake. You can spend a day on the water or take care of business in the area’s office towers.

RENT

Top beer brands

CORONA

ALEXANDER KEITH’S

Final thoughts Toronto Harbourfront is an all-out wonderland in the summer, but winter conditions cause its handsome outdoor amenities to go mostly unused. Alternately, no matter the weather conditions, this area continues to be a photographer’s paradise year round and lakeside living is the big draw. There is an evergrowing collection of new condo developments, bringing to fruition the dream of waterfront living.

A lover of all things film, arts and culture, Brandon uses his education in film theory/English and his experience as a movie/hip hop blogger to deliver a fresh twist on digital real estate content.

48 YPNEXTHOME.CA

CANADIAN MICROBREW

A WATERFRONT VISION THAT’S LIGHT YEARS AHEAD LIGHTHOUSE EAST TOWER COMING THIS SPRING The Daniels Corporation has been at the cutting edge of city building for over three decades, with award-winning, master-planned communities such as the Regent Park Revitalization in Toronto’s Downtown East, TIFF Bell Lightbox along with Festival Tower and Cinema Tower in the Entertainment District, NY Towers in Toronto, Mississauga City Centre, and Daniels Erin Mills. Building on our great legacy and the pioneering spirit of our founder John H. Daniels, The Daniels Corporation is proud and excited to be creating the gateway to Toronto’s East Bayfront with a new mixed-use, masterplanned community Daniels Waterfront – City of the Arts.

Hot off the heels of the incredibly successful Lighthouse West Tower, The Daniels Corporation is proud to present the newest opportunity to live at Daniels Waterfront – City of the Arts. Lighthouse East Tower.

THE YA RD

SUGAR BEACH NORTH

BECOME PART OF TORONTO’S MOST TALKED ABOUT

WATERFRONT COMMUNITY

At Lighthouse East Tower you can look forward to an extraordinary, arts-inspired, waterfront lifestyle, rich in amenities, style and conveniences. Meet up with friends for coffee in The Yard, grab some groceries at Loblaws right next door, spend an afternoon at Sugar Beach, lounge around on your own Sugar Beach North or gaze out your window at the sailboats bobbing on the

waves. Hop on the TTC right outside your front door, or walk or cycle to St. Lawrence Market, Union Station, Billy Bishop Airport, the Distillery District and Financial District, or the Jack Layton Ferry Terminal. Enjoy worldclass theatre, art, culture and fine dining in the nearby Entertainment District. Get inspired by the best things in life at Lighthouse East Tower.

JOIN THE INNER CIRCLE PROGRAM AT LIGHTHOUSE EAST TOWER AND TAKE ADVANTAGE OF EXCLUSIVE PERKS BEFORE THE GENERAL PUBLIC.

Suites from the $300s I REGISTER NOW lighthouseeasttower.com I 416.221.3939 Exclusive Listing: CityLife Realty Ltd. Brokerage. Brokers Protected. Illustration is artist’s concept. Prices and specifications are subject to change without notice. E.& O.E. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without prior written permission of The Daniels Corporation, is strictly prohibited. Actual view may not be exactly as shown.

J IN TODAY FOR SPECIAL PRIVILEGES

INNER CIRCLE BENEFITS • An invitation to the FIRST ADVANCE SALE • FIRST CHOICE of suites, floors and views • Members-only invitations to Daniels’ hosted events • Access to insider information Becoming an Inner Circle member is fast, easy, and rewarding. Simply complete the registration form at LIGHTHOUSEEASTTOWER.COM, pay a one-time $500 membership fee, and we’ll apply this fee to your purchase of any Lighthouse East Tower suite. Should you decide not to purchase at Lighthouse East Tower, your $500 will be fully refunded at any time. No questions asked… no fine print…no kidding.

THE INNER CIRCLE IS OPEN FOR A LIMITED TIME ONLY JOIN NOW AT LIGHTHOUSEEASTTOWER.COM

Exclusive Listing: CityLife Realty Ltd. Brokerage. Brokers Protected. Illustration is artist’s concept. Prices and specifications are subject to change without notice. E.& O.E. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without prior written permission of The Daniels Corporation, is strictly prohibited. Actual view may not be exactly as shown.

COMING THIS SPRING A NEW LEADING LIGHT AT TORONTO’S WATERFRONT The newest opportunity to live at Daniels Waterfront The evolution of art, culture, and life on Toronto’s waterfront.

Hot off the heels of the Lighthouse West Tower, Daniels welcomes Lighthouse East Tower at Daniels Waterfront – City of the Arts – an iconic, waterfront address, steps from

Exclusive Listing: CityLife Realty Ltd. Brokerage. Brokers Protected. Illustration is artist’s concept. Prices and specifications are subject to change without notice. E.& O.E. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without prior written permission of The Daniels Corporation, is strictly prohibited. Actual view may not be exactly as shown.

Lake Ontario, Sugar Beach, gorgeous parklands, trails, dining, shopping, entertainment, and more. Experience life connected to the lake, the city, and the arts at Lighthouse East Tower.

Suites from the $300s I REGISTER NOW lighthouseeasttower.com I 416.221.3939

Property Profile | THE DANIELS CORPORATION

Exciting announcement offers even more opportunity at

Daniels Waterfront – City of the Arts Location

Downtown waterfront Builder

The Daniels Corporation Development

Daniels Waterfront – City of the Arts Home Type

mixed-use master-planned condominium community Contact

416.221.3939; danielswaterfront.com

50 YPNEXTHOME.CA

RECENTLY, THE ROSTER of community partners at Daniels Waterfront – City of the Arts expanded to encompass a brand new, exciting educational opportunity. George Brown College has announced that it will be expanding its Waterfront Campus, to be located in the heart of Daniels Waterfront. With more than 100,000 sq. ft. of space, George Brown’s $59-million facility will house part of its School of Design, including its interdisciplinary design studio ‘Institute without Boundaries’. George Brown will also be introducing the ‘Innovation Exchange’ focused on design solutions for the smart economy, which has received $15.6 million in support from the federal

government’s Post-Secondary Institutions Strategic Investment Fund.

“We are thrilled to welcome George Brown College to Daniels Waterfront – City of the Arts,” says Martin Blake, vice-president of The Daniels Corporation, which is developing this mixed-use, master-planned waterfront community in partnership with WJ Properties. “The expansion of their Waterfront Campus and their Innovation Exchange takes our partnership to a new level, serving the needs of the design, arts and digital media sectors, and enabling Torontonians to live, work, play, learn and create at Daniels Waterfront.”

During construction, approximately 650 jobs will be created. Once

George Brown College will be expanding their Waterfront Campus to Daniels Waterfront – City of the Arts to house part of its School of Design, which has received $15.6 million in support from the federal government’s Post-Secondary Institutions Strategic Investment Fund. Pictured from left to right: Mitchell Cohen, president, The Daniels Corporation; Luigi Ferrara, dean of the Centre for Arts, Design & Information Technology at George Brown College; Han Dong, Member of Provincial Parliament for Trinity-Spadina; Devika Prakash, George Brown College student; Adam Vaughan, Member of Parliament for Spadina-Fort York; Anne Sado, president, George Brown College, and Martin Blake, vice-president, The Daniels Corporation. Photo credit: Scott Murdoch from Five by Five Photography

opened, the facility will have 300 faculty and staff, and each year approximately 1,800 students will study at the School of Design. George Brown College will be an integral new part 130 Queens Quay East, which is Toronto’s first Waterfront office condominium located within Daniels Waterfront. This address will also be home to Artscape’s headquarters and their innovative “Launchpad” initiative, Colleges Ontario, OCAD University and RBC. Non-profit organizations The Remix Project and Manifesto will relocate there as well, along with The Daniels Corporation.

The array of local amenities is an obvious attraction as the first residential condominium, Lighthouse West Tower, is nearly sold out.

“This spring, we will go on sale with Lighthouse East Tower,” says Dominic Tompa, Broker of Record for City Life Realty, a subsidiary of The Daniels Corporation. “The demand is phenomenal.”

Lighthouse East Tower will rise to 36 storeys at Queens Quay East and Richardson Street, with architecture designed to carve an iconic presence on the waterfront.

Condominium amenities include 24-

hour concierge, a fitness centre/yoga studio, gardening plots, party room, barbecue terrace, social club, lounge and guest suites. Lighthouse East Tower will share a tennis/basketball court with the West Tower. Suites will range from studios to two-bedroomplus-dens and will start from the $300,000s.

The community will also be home to The Yard, an outdoor courtyard offering shopping and dining venues, and Sugar Beach North – a treelined amenity space that will visually connect to Canada’s Sugar Beach, which is only steps away.

With an incredible location directly across from Lake Ontario, and close proximity to the Water’s Edge Promenade, the downtown core, Union Station and much more, Daniels Waterfront – City of the Arts boasts near-perfect walk, transit and bike scores. Residents can look forward to an extraordinary, artsinspired lifestyle rich in amenities, style and conveniences.

Registrants are invited to join the Lighthouse East Tower Inner Circle to receive an invitation to Daniels’ preview event including the First Advance Sale before the general

public. To join, a $500 registration fee is required, which will be applied toward the purchase of your suite, or fully refunded if you choose not to purchase.

The Daniels Corporation (danielshomes.ca) is one of Canada’s pre-eminent builders/developers, building more than 27,000 new homes across the Greater Toronto Area for over 34 years. Daniels has been named Tarion Warranty Corporation’s “Ontario High Rise Builder of the Year,” and has received the Toronto Arts and Business Award from the Toronto Arts Foundation.

Daniels was chosen to partner with Toronto Community Housing to revitalize Regent Park in the heart of Toronto’s Downtown East.

Committed to community, Daniels offers innovative programs that help people achieve homeownership, champions neighbourhood initiatives that enhance quality of life, and supports numerous charities and non-profit organizations.

To register for Lighthouse East Tower and/or join the Inner Circle, visit danielswaterfront.com or call 416.221.3939.

FEBRUARY 4 - 18, 2017 | NEW CONDO GUIDE 51

Trending

Problematic housing market conditions for second consecutive quarter • Evidence of problematic conditions has increased in Victoria since the previous assessment due to moderate evidence of price acceleration and overvaluation.

• Evidence of problematic conditions has decreased in Calgary since the previous assessment as some housing markets in oil-dependent centres are now rebalancing.

• Strong evidence of problematic conditions continue to be detected in Vancouver, Toronto, Regina, Saskatoon and Hamilton.

FOR THE SECOND CONSECUTIVE QUARTER, Canada Mortgage and

Housing Corp. (CMHC) is calling attention to problematic housing market conditions nation-wide.

The national housing agency attributes the elevated risk rating to overvaluation and price acceleration in Vancouver and Toronto, where strong price growth has been sprawling into neighbouring cities like Hamilton and Victoria.

House prices in Canada rose seven per cent year-over-year by the end of the third quarter last year, after adjusting for inflation. Interestingly, removing Ontario from the equation would have resulted in flat prices.

This analysis is the result of insight from CMHC’s quarterly Housing Market Assessment (HMA), CMHC’s HMA examines the largest 15 housing markets across Canada, and identifies problematic

52 YPNEXTHOME.CA

conditions based on four key factors: overheating, when sales outpace new listings on the market; the rate of home price growth; overvaluation of homes; and overbuilding when the rental market vacancy rate and/or the inventory of new builds that are unsold is elevated.

The HMA serves as an early warning system, alerting Canadians to areas of concern that are developing in our housing markets, so that action can be taken in a way that promotes market stability.

Housing Market Assessment Highlights • Overvaluation and overbuilding remain the most prevalent problematic conditions observed across the 15 centres.

• Overvaluation and overbuilding are detected in eight centres.

• Evidence of problematic conditions in Ottawa and Atlantic Canada remains weak.

“We continue to detect strong evidence of problematic conditions in Canada,” says Bob Dugan, chief economist at CMHC. “Price acceleration in Vancouver, Victoria, Toronto and Hamilton indicates that home price growth may be driven by speculation as it is outpacing what economic fundamentals like migration, employment and income can support. For this reason, home buyers should ensure that their purchases are aligned with their needs as well as the long-term market outlook.”

MORE TRENDING ONLINE ypnexthome.ca/news

LIVE IN A LAMB SPADINA AND WELLINGTON

EXCEPTIONAL CONDOMINIUM HOMES ONE + DEN, TWO BEDROOMS AND THREE BEDROOMS FROM $427,900 Presentation Centre Opening In March 452 Richmond St. West, Toronto, Ontario

WELLINGTONHOUSETORONTO.COM 416.368.5262 Exclusive Listing: Brad J. Lamb Realty Inc., Real Estate Brokerage. Brokers Protected.

Renderings are an artist’s impression. All prices, sizes and specifications are subject to change without notice. E.&O.E.

EXCLUSIVE BROKER

DEVELOPED BY

Advice | MORTGAGE ADVICE

4 questions to ask your mortgage broker

By Alyssa Furtado

MORE ADVICE ONLINE ypnexthome.ca/news/advice

BEFORE SEARCHING FOR A HOME, you

should get a mortgage pre-approval.

Getting one is a great start but it won’t guarantee you’ll get the best mortgage rates.

To ensure you’re getting the lowest mortgage rate, you should use a mortgage broker. A broker shops your application around to a variety of lenders before picking one with the lowest rate and the best terms.

However, finding a broker is similar to finding a real estate agent. You want the best but how do you know who’s right for you?

HERE ARE SOME QUESTIONS TO ASK:

1. How long have you been a broker?

If you’re a newcomer or a first-time homebuyer, you want someone with a lot of experience in the industry.

Someone with years of experience will recommend the best product for your situation instead of a standard five-year fixed mortgage. If a shorterterm mortgage is better for you, you’ll want a broker who will recognize what’s ideal for your circumstances.

2. How many lenders do you work with?

If you get a mortgage from your financial institution, you’ll only have one lender to choose from. However, brokers work with a number of lenders, which allows them to pick the lender who works best for your situation.

Although brokers work with many lenders, they tend to do the majority 54 YPNEXTHOME.CA

of their business with just a few of them. That gives them the ability to get lower rates and volume discounts that are passed on directly to you.

Brokers can provide you with a list of the lenders they work with, including the ones they use the most.

3. What’s the application process?

As we move away from face-to-face communications, you should use a broker whose communication style is similar to yours. Do they prefer to communicate over the phone, in person or through email? Do they accept electronic signatures or want you to come in to sign documents?

Your broker should take you through the steps to ensure the mortgage is suitable for you and explain anything you don’t understand. The way they communicate this to you should be in a way that you’re most comfortable with so the whole mortgage application process runs smoothly.

4. How are you paid?

You don’t have to pay mortgage

brokers for their services, but keep in mind they don’t work for free.

They’re paid by the lender who takes on your mortgage and the broker’s commission is usually between 0.5 and 1.2 per cent of the mortgage amount. Also, if the mortgage term is longer, they get paid a higher commission. Your broker should explain how he or she gets paid.

THE BOTTOM LINE When you’ve found a mortgage broker you like, you can start the mortgage application process. Once you’ve been pre-approved, compare the mortgage rate quote you receive with the best rates. If it’s different, ask why. Your mortgage broker should be able to tell you why you do or don’t qualify for the lowest rate. If you’ve chosen the right broker, their answer should be clear.

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

65% SOLD OUT

CONSTRUCTION STARTS APRIL '17

LAST CHANCE AT PRE-CONSTRUCTION PRICES

ON DOWNTOWN’S LOWER EAST SIDE ONE, TWO & THREE BEDROOMS

DEVELOPED BY

FROM

EXCLUSIVE BROKER RICHMOND ST. E .

PARLIAMENT ST.

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

Renderings are an artist’s impression. All prices, sizes and specifications are subject to change without notice. E.&O.E.

BERKELEY ST.

ONTARIO ST. ADELAIDE ST. E.

$321,900

VISIT OUR SALES CENTRE + MODEL SUITE 53 ONTARIO ST. (AT RICHMOND ST. E.) MON- WED 12-6PM THURS 3-8PM SAT + SUN 12-5PM

EAST55CONDOS.COM 416.861.9559

Advice | DESIGNER ADVICE

Mix and match: How to play with pattern tastefully

By Yanic Simard

HERE, I SHARE MY TIPS for combining

4. One colour, different shades

patterns the right way:

A more simplified way of mixing patterns is to keep it monochromatic.

Select patterns of one colour but choose varied shades (for example, light blue mixed with medium and dark blue).

5. Don’t over-coordinate You want to avoid having your fabrics too “matchy-matchy.” If you’re using the same or similar pattern in more than one area, limit it to two places and have them spread far enough apart.

1. Begin bold Start with one strong

pattern – strong could mean thick lines, a particularly busy pattern, or very saturated colours – and build upon it.

2. Balance of scale The goal is for your patterns to complement one another, not work against one other.

Try to have an even mix of busy and subtle.

3. Soften prints with solids A fabric without a pattern acts as a staple to all schemes. It’s sort of like the bread to a sandwich – things won’t look (or taste) good without it.

56 YPNEXTHOME.CA

MY FAVOURITE PATTERNS

Gingham This printed or dyed fabric, which dates back to the 17th century, is

MORE ADVICE ONLINE ypnexthome.ca/news/advice

known for its checked patterns of white and a single bold colour (you’ll often catch me wearing this pattern).

The checks can vary in size, and the checks can appear in horizontal rows and vertical columns, or sometimes diagonally.

Pinstripe A classic pattern consisting of very thin stripes running in parallel. It is most recognized in men’s suits and is very striking in home décor.

Chevron A repetitive pattern comprised of sharp ledges that look like the letter “V” (sometimes called herringbone or zigzag). This is on trend right now.

TEXTILE TIPS

1. Choose soft furnishings that will work in any room of your home, so that when you’re ready to change up your décor you can swap pillows, throws, drapery, etc. from room to room.

2. If you’re just starting to re-decorate a room, a textile that you love is a great way to draw inspiration for the entire scheme. Pull the colours, lines, shapes and feel from the pattern on the fabric.

3. When selecting a fabric, keep its application in mind and consider these two important details: » Durability Look at the rub count – if the textile you’re considering is for upholstery and a piece that will be used often, the higher rub

count the better. If it’s for drapery, a lesser rub count is suitable. Also, fabric with a higher thread count means a tighter weave, which is key to having fabric maintain its shape over time. » Clean-ability Fabrics made of natural fibres will absorb stains much quicker than man-made fabrics, but they will clean up better. Fabrics made with manmade fibres are typically soilresistant but don’t clean up as well.

Yanic Simard is New Condo Guide’s design editor, principal designer of award-winning Toronto Interior Design Group (tidg.ca), and regular guest expert on City’s Cityline.

FEBRUARY 4 - 18, 2017 | NEW CONDO GUIDE 57

Trending

Bank of Canada holds interest rate steady Residential investment tempered by changes to mortgage rules and rising mortgage rates THE BANK OF CANADA has made its

first interest rate announcement of 2017 – and the first since Trump took the presidential election south of the border. As expected, the Bank held its rate steady at 0.5 per cent, noting that uncertainty about the global outlook is undiminished, particularly with respect to policies in the United States.

“In our discussions, Governing Council was particularly concerned about the ramifications of US trade policy, because it is so fundamental to the Canadian economy. But we cannot capture these in our projections because they are simply unknown at this point,” Bank of Canada governor Stephen Poloz said in his opening statement at the Monetary Policy Report press conference.

The Bank has made initial assumptions about prospective tax policies only, resulting in a modest upward revision to its US growth outlook. Overall, the global economy is strengthening largely as expected and prices of some commodities, including oil, have risen. The rapid back-up in global bond yields, partly reflecting market anticipation of US fiscal expansion, has pulled up Canadian yields relative to the October Monetary Policy Report.

In contrast to the US, Canada’s economy continues to operate with material excess capacity. While employment growth has remained firm, indicators still point to significant slack in the labour market. The resource sector’s adjustment to past commodity price declines appears to be largely complete, but negative wealth and income effects will persist.

Meanwhile, the Canadian dollar has strengthened along with the US dollar 58 YPNEXTHOME.CA

MORE TRENDING ONLINE ypnexthome.ca/news

against other currencies, exacerbating ongoing competitiveness challenges and muting the outlook for exports.

Consumption is expected to remain solid, while residential investment will be tempered by previously announced changes to housing finance rules and by mortgage rates that have risen in response to higher bond yields.

Federal and provincial fiscal measures are still expected to support growth in 2017.

Bearing in mind the important assumptions embedded in its forecast, the Bank projects that Canada’s real GDP will grow by 2.1 per cent in both 2017 and 2018. This implies a return to full capacity around mid-2018, in line with October’s projection.

Inflation in Canada has been lower than anticipated since October, mainly because of declines in food prices. Measures of core inflation are below 2 per cent, reflecting material excess capacity in the economy. As

consumer energy prices rise and the impact of lower food prices dissipates, inflation is expected to move close to the 2 per cent target in the months ahead and remain there throughout the projection horizon while excess capacity is being absorbed.

“In the context of a projection that is largely unchanged, the Bank’s Governing Council judges that the current stance of monetary policy is still appropriate and maintains the target for the overnight rate at 0.5 per cent. Governing Council will continue to assess the impact of ongoing developments, mindful of the significant uncertainties weighing on the outlook,” Poloz concluded.

The Bank’s next scheduled overnight rate announcement will be March 1, 2017. The next full update of the Bank’s outlook for the economy and inflation, including risks to the projection, will be published in the Monetary Policy Report on April 12.

NOW UNDER CONSTRUCTION

IN AURORA AT YONGE ST. + WELLINGTON ST.

VILLAGE IN AURORA

VILLAGE IN AURORA

GARDEN + TERRACE UNITS

FROM $599,900* UP TO 1,500 SQ.FT. INNOVATIVE FEATURES INCLUDE:

SALES CENTRE

WELLINGTON ST. W.

A SPECTACULAR LOCATION: • 8 minute walk to GO Train • VIVA at your doorstep

• Surrounded by retail, services & amenities

• In the heart of downtown Aurora

BLOOMINGTON RD.

KING RD.

SALES CENTRE LOCATED AT 25 MAVRINAC BLVD. Monday - Thursday: 1pm-8pm • Friday: Closed • Saturday, Sunday & Holidays: 11am-6pm *Price & Information correct at press time. Illustration is artist’s concept. Map not to scale. E. & O. E.

TREASUREHILL.COM

LESLIE ST.

terrace units available • Underground parking

BAYVIEW AVE.

• Laminate flooring throughout

MAVRINAC BLVD.

• Rooftop & garden

• Granite kitchen countertops

YONGE ST.

• Stainless steel kitchen appliances

BATHURST ST.

• 2 & 3 bedroom plans DUFFERIN ST.

ST. JOHN’S SIDEROAD

• 9ft. main level ceiling heights

Trending

LIKE ALL INSURANCE premiums, how much you pay for home insurance depends on a number of factors related to risk. Insurers analyze these risks, and figure out how likely it is that you – or a group of people with the same set of circumstances – will make a claim, and how much that claim will cost.

These factors typically affect what you pay for home insurance: WHERE YOU LIVE: Insurers keep records about the number, type and cost of claims by neighbourhood.

They can tell from past experience what the circumstances are in your neighbourhood, and how likely it is that you will have to make a claim.

For example, if you live in an area where most people commute to work and homes are left unoccupied during the day, the statistics may show your neighbourhood has more break-ins. The cost of home insurance, therefore, varies from neighbourhood to neighbourhood, from city to countryside, and is based on knowledge and experience.

PROXIMITY TO WATER: Insurers are concerned about fire, and will look at how far your home is from a source of water (fire hydrant, fire station). If you live in an urban area, this is generally not a problem.

If you live in the country and the distance is great, however, this will influence the cost of your home insurance. The sooner a potential fire can be put out, the lower the cost of restoring your home.

REPLACEMENT COST: The factor that will make the biggest difference in the cost of your home insurance is simply the size and composition of your home – as well as your contents.

The larger the home and the more contents you have, the more it will cost to replace. In addition to the square footage, insurers take into account such matters as the quality of 60 YPNEXTHOME.CA

How much will your home insurance cost? construction, which can vary greatly from home to home.

HEATING: Not usually an issue with new homes, oil tanks have the potential for causing costly environmental hazards, so your insurance representative will ask questions about the age and condition of your tank. There is far less risk with forced-air gas furnaces or electric heat, so you may pay more for your home insurance if your home is heated by oil.

ELECTRICITY: There are several factors concerning electricity. Do you have breakers or fuses? What is the flow of electricity coming into your home? And what kind of wiring do you have? Insurers know from experience that breakers pose less risk than fuses, and that a minimum of 100-amp service is better than a lower level of service, as a lower amp can lead to overloading and fire.

PIPES: Galvanized or lead piping usually means that the plumbing is

The cost of home insurance, varies from neighbourhood to neighbourhood, from city to countryside, and is based on knowledge and experience

MORE TRENDING ONLINE ypnexthome.ca/news

BASIC OR FULL COVERAGE: Once all of the above is taken into consideration, you can choose the types of coverage you’d like – which will also influence the amount you pay. While there are government regulations dictating how much insurance drivers must have, there are no such laws when it comes to home insurance. The only requirement may be one set by your bank or mortgage holder. From there, it’s up to you to decide whether you prefer basic or more comprehensive coverage. And this is something your independent insurance representative can help you with.

The following factors typically do not affect what you pay for home insurance:

older, and older plumbing is more likely to crack, leak, or run into other problems. Insurance companies generally prefer homes where the plumbing is made of copper or plastic.

AGE OF ROOF: Not usually an issue with new homes, insurers generally prefer a roof that has been updated within the last 20 years. Some policies will pay only depreciated values, as low as 25 per cent of the replacement cost, for damaged roofs that are near the end of their designated service life.

OTHER USES OF YOUR HOME: Insurers will want to know if you have built or are planning to build a secondary rental suite in your home; begin operating a business there, or make any other significant alterations to the structure of the home or the way in which your home is used.

OTHER FACTORS: Insurers will ask if you have a security alarm and a fire alarm, and whether they are monitored by an outside service.

GAS VERSUS ELECTRIC APPLIANCES: The types of appliances in your home do not affect the cost of your home insurance.

BRICK EXTERIOR VERSUS ALUMINUM SIDING: Most insurance companies do not use type of construction as a rating factor when calculating home insurance premiums. However, construction type is used when calculating the building replacement cost (what it would cost to rebuild the dwelling with materials of like kind and quality, if it were destroyed).

FEBRUARY 4 - 18, 2017 | NEW CONDO GUIDE 61

Property Profile | THE GUPTA GROUP

ICONA CONDOMINIUMS: A commanding presence in downtown Vaughan

GIVEN THE PHENOMENAL GROWTH of the entire Greater Toronto Area,

eyes are now looking at downtown Vaughan as a leading centre for growth and opportunity in the Region. The area will soon be home to Icona Condominiums, being developed by The Gupta Group.

Rising 53 and 55 storeys, the two towers of this development represent the first 50-plus storey towers in the city, and will be a commanding presence in the centre of downtown Vaughan – one of the fastest-growing areas in all of Ontario.

The City of Vaughan, which includes Concord, Kleinburg, Maple, Thornhill and Woodbridge, now has a population exceeding 350,000 and is growing by approximately 11 per cent a year. Residents are enjoying the tremendous economic growth within the area, bolstered by the presence of world-class companies, the great standard of living and quality of life.

Icona Condominiums will be in the centre of this activity, located east of Hwy. 400 on Hwy. 7, between Edgeley Boulevard and Jane Street. This is a rapidly evolving area of attractive retail, shops, fine dining, bistros and galleries, including the addition of the Vaughan Metropolitan Centre, which will anchor and serve as a magnet for the entire region.

Icona Condominiums will also be perfectly positioned from a transit and accessibility standpoint, located nearby major highways and just steps from the future Vaughan Metropolitan Subway Station, expected to be 62 YPNEXTHOME.CA

operational by December 2017, and as the northern extension of the TTC Spadina subway line, will connect the City of Vaughan to downtown Toronto.

This soon-to-be landmark condominium project will offer approximately 1,140 residential units with the finest finishings and appliances, which will be especially attractive to purchasers looking to downsize but stay in the area, or first-time buyers looking to enter the housing market at an affordable price. Icona will also feature a wide array of lifestyle amenities within the development, as well as 20,000 sq. ft. of retail at the base of the two towers.

The Gupta Group, one of the most well respected developers in the industry, is well aware of the potential and promise of the region.

Its Hotel Development Company, The Easton’s Group of Hotels, owns three successful hotels in Vaughan, including the Hilton Garden Inn Hotel. The Gupta Group has brought together an award-winning team for Icona Condominiums, with architectural design by IBI Group, and interior design by Studio Munge.

To register online to receive regular updates on the progress of Icona Condominiums and this outstanding offering in the centre of downtown Vaughan, visit theincona.com

Location

Hwy. 7, between Edgeley Boulevard and Jane Street Builder

The Gupta Group Development

Icona Condominiums Home Type

condominium suites Contact

theincona.com

Buy your dream home

& get thousands in

!

K C A B H S A C *

Learn more today!

1-855-348-1820 | ComFree.com *How it works: ComFree Commonsense Network keeps an amount of $2,000 from the commission it receives from the seller’s brokerage and splits the remaining balance equally with the buyer. No cash back if the commission received is lower than $2,000 or if it’s a ComFree seller. Available in serve regions only.

Inspiration

CABIN FEVER with

COLIN + JUSTIN

by Stephanie MacDonald

A BALANCE between saucy and sophisticated, yet rugged and practical, making you feel both comforted and amused with a European charm — are we talking about an award-winning designer home?

Actually, this is an introduction to Colin McAllister and Justin Ryan.

Stars of a myriad of design and lifestyle shows since the 1990s, this dynamic duo is currently everywhere on your television.

Veterans of both reality TV (I’m a Celebrity… Get Me Out of Here!), and home improvement (How 64 YPNEXTHOME.CA

Not to Decorate), they have now combined the two in their current shows, as well as having their own product line, writing books and a syndicated design column, and making many personal appearances along the way. These are two busy people.

We were lucky enough to catch up with them to discuss their recent foray into cottage design.

New Condo Guide: What things can you do to make a cabin chic yet efficient that would also work well for condo dwellers? Are there

other similarities in designing your cabin and making your home more livable?

Colin and Justin: Believe it or not, condos and cabins are actually very similar. After all, isn’t every living space about sharing good times with good people in good spaces? Create a living/dining/ kitchen/outside space if you can, treat it as one life arena and zone it accordingly to delineate function.

Use colour or style to link each area. For example, a timber floor throughout the interior with a

similar colour of timber outdoors will read like one continuous space.

NCG: If you’re in the market to buy a home, and expect a lot of guests, what are some attributes to look for in a townhome or a condo?

C and J: The golden rule with guest rooms is to spend the night there yourself – this will help you know exactly what the experience is like.

Not everyone has the space for a dedicated guest room, but you could transform your TV den or home office by installing a proper sofa bed to give the room two functions. The Vallentuna sleeper sectional from Ikea Canada is a smart modern sofa that doubles as a comfortable bed. In terms of condo shopping, you ideally want guests to have their own bathroom and be on another floor in a townhome or at a discrete distance in a condo – this gives both parties the privacy they need.

NCG: When you’re designing on a budget, you have to make choices.

What are the things you should splurge on, and what can you “cheap out” on?

C and J: Spend on comfort, as you must feel rewarded and relaxed at home. Don’t scrimp on your bed or sofa. Buy the best you can, and save money elsewhere. It’s worth creating a nest first, so why not start with the bedroom? Simple to do (paint, new bedding, etc.) and essential as a reward for your hard work as you renovate the rest of the home. Quality timber floors are a must (Kentwood has an amazing range) but you can cheap out on wall tile – get the look with ceramic rather than real stone and you’ll create the feel you want for less.

NCG: What are your favourite storage solutions that work for cabins and condos alike?

FEBRUARY 4 - 18, 2017 | NEW CONDO GUIDE 65

C and J: Double-duty is always worthwhile in any home – a storage trunk that’s a coffee table or any wall mounted storage solution that frees up floor space. Don’t be afraid to go high with shelves and wall mounts – an entire wall of storage can look attractive and obviously it’s a practical way to champion space. Edit your life by paring back on clothes you no longer wear, items you have duplicates of, broken items and things you just don’t like anymore. Remember, you live in a condo or townhome, not a cupboard – life space is just as important as storage space.

66 YPNEXTHOME.CA

Creating systems costs next to nothing but can dramatically improve your home life – if your bathroom and bedroom get overloaded with laundry, then invest in a basket and timetable a laundry day to deal with the backlog.

Properly store home paperwork in dated files and avoid piling up your favourite magazines – weed out the things you like and lose the rest.

NCG: How do you make the most of a view without overwhelming it?

C and J: How do you make the most of a face without overwhelming it?

With great glasses, that’s how! Yes,

great frames work for all great views – imagine your window view is a painting and frame it accordingly.

We painted out our condo frames in black to create a border for our downtown view. Choose blinds over drapes (to keep windows simple) and avoid overhanging from above if you can by positioning blinds above the glass rather than in front of it – a simple pelmet can disguise the mechanism. Don’t cramp your view with obstructions like a huge television in front of your mountain vista, and arrange furniture to make the most of the natural beauty.

Imagine the view as the focal point of your decor and embrace it!

looking for a new home?

It’s only a tap away.

Find the perfect new home or condo in the neighbourhood that fits your lifestyle.

START SEARCHING NOW!

DOWNLOAD THE APP

Trending

THEN & NOW

How four neighbourhoods transitioned through the years

By Sonia Bell

Neighbourhoods are always in a constant state of flux – real estate developers continuously develop new communities, cities make efforts to enhance their public spaces and, as changes take place, these neighbourhood might start attracting a different population over time. // While there are many communities that have witnessed tremendous growth over the years, these four neighbourhoods – Liberty Village, Mimico, the Financial District and Willowdale – have experienced some of the most pronounced transitions to date.

FINANCIAL DISTRICT Before

Before

WHILE THE FINANCIAL DISTRICT has changed significantly over

the years, one aspect of this neighbourhood has sustained.

It was, and continues to be, the very heart of Toronto. The neighbourhood took form in the mid- to late-19th century when a handful of banks moved to downtown Toronto.

By the mid 20th-century the Big Five banks were all headquartered in the Financial District.

While the area epitomizes Canadian TODAY capitalism (even its subterranean city, The Path, boasts a healthy economy of retail and services), it has also evolved into an area where people not only work, but live and play. The area is now home to iconic skyscrapers and glossy condominiums oozing luxury and convenience.

With more than 200,000 people coming in and out of the neighbourhood daily, as well as the residents inhabiting the condominiums, the neighbourhood is considered the most densely populated in the city.

Congestion in the financial core isn’t new. Even the earliest photos of the Financial District showcase cars lining the side of the streets and pedestrians packed on the sidewalks.

68 YPNEXTHOME.CA

MIMICO

TODAY

PART OF WATERFRONT Toronto’s revitalization of the

Toronto lake-front, Mimico has become one of the hottest new waterfront communities in Toronto.

However, the area looked and felt much different before big-time developers such as Mattamy Homes, Empire Communities and Stanton Renaissance left their imprint. Mimico’s history dates back to the 18th century, as a location where wealthy families built their summer homes. However, when Grand Trunk Railway was established in the mid-1800s, new housing types were developed to accommodate the new workers moving to the area.

By the late 1960s, Mimico had a relatively seedy reputation due to its infamous motel strip that was located south of Lake Shore Boulevard and east of Park Lawn Road. In the late 1990s, however, the city set out to transform the motel strip into a brand new neighbourhood, Humber Bay Shores.

The strip is now long gone and has since been replaced by highrise condominiums. The Beach Motel was the last original motel standing. It was demolished in 2012, which made way for Empire Communities’ Eau Du Soleil.

New condos continue to take shape in the Mimico area, and attract residents due to its key asset: the waterfront.

Before

Before MORE TRENDING ONLINE ypnexthome.ca/news

FEBRUARY 4 - 18, 2017 | NEW CONDO GUIDE 69

LIBERTY VILLAGE

IF YOU ASKED someone to define

Liberty Village today, they would likely describe its trendy restaurants, the burgeoning tech companies that have started to set up shop, and the new home and condo development with architecture that pays homage to the area’s industrial past.

Before its industrial beginnings, however, the area was part of Garrison Common, a military fortification for Toronto (then called “Town of York”), which served as the base for the Battle of York against the Americans in 1813. It wasn’t until the 1850s, when the railway was built, that Liberty Village transitioned into an industrial hub, where it was home to factories such as Irwin Toys, Inglis Factory, and the Toronto Carpet Factory.

Real estate builder CanAlfa would eventually reimagine the area, and create a master plan for Liberty Village. In the early 200s, the first phase of townhomes were built, followed by several condo buildings including, Liberty Place, Liberty on the Park, and Liberty Central by the Lake.

Strolling through Liberty Village, you’ll still find traces of its industrial past – railway tracks can be seen on a brick-paved walkway; the brick structures that once served as warehouses have since been repurposed, such as Irwin Toys factory which was converted into Toy Factory Lofts by Lanterra Developments; and the tall chimney smoke stacks all serve as landmarks in the historically rich area.

70 YPNEXTHOME.CA

TODAY

Before

Before

FUN FACT: In the late 1800s and early 1900s, the area was home to the Men’s Central Prison and the Mercer Reformatory for Women. It is believed that these institutions inspired the name of the neighbourhood’s main artery, Liberty Street (which is the namesake for the entire community), as it was the first street reformed convicts would walk once released.

WILLOWDALE

Before

Before

TODAY

LOCATED IN NORTH YORK, Willowdale was largely considered a bedroom community of single-family homes.

But over the past decade, it has transformed to appeal to two very different types of buyers – both urban and suburban.

The residential landscape is varied, consisting of homes from the early to mid-1990s, large “monster homes” from the 1990s, and more recently, high-density housing found along the main thoroughfare, Yonge Street.

Menkes, an established real estate developer in the GTA, was significant in the transformation of the Willowdale community. In 1984, Menkes developed the 15-storey Proctor & Gamble headquarters at Yonge and Sheppard. In 1988, it introduced Place Nouveau, one of the very first towers in North York.

In the late 1990s, Menkes began the development of Empress Walk, a staple in the North York community that was a turning point for the neighbourhood.

With condos, entertainment and shopping all in one place, Empress Walk was the very first mixed-use development to be introduced to the area. Menkes continues to develop the area, with Gibson Square being its most recent project.

FEBRUARY 4 - 18, 2017 | NEW CONDO GUIDE 71

e-NEWS!

FOCALPOINT

monthly podcast series – featuring your favourite in-the-know lifestyle experts

owen reeves garden variety

sharon grech living with colour

bryce wylde healthy u

hellen buttigieg order in the house rose reisman e-chef

carson arthur take it outside

dr. martie gidon skin deep jamie & glen design diaries

adria vasil pure body

leslie beck b.well

subscribe online today – new podcasts every month + fabulous free contests!

studiotouronline.com sandra rinomato realty savvy

SilverCreek Group has been featured as “Model Suite of the Month” as seen in the New Condo Guide model suite calendar

Model suite photo compliments of SilverCreek Group | www.silvercreekgroup.ca

The Residences of the Hotel McGibbon - The Gibby, 1471 sq. ft. Artful Living In The Heart of Georgetown

FEBRUARY 2017

Hot Properties

905

Find your next home! This page features a few of the latest properties to keep your eye on in the GTA 905 area. Find more properties at ypnexthome.ca

LATEST LISTINGS

DANIELS ARC

ICONA CONDOMINIUMS

By: Daniels Corporation City: Mississauga Register now for the newest addition to Daniels Erin Mills — a master-planned, mixed-use community. Prices starting from the $300’s. danielsarc.com

SHIFT By: Treasure Hill Homes City: Pickering Register for a new modern townhome development at Brock Road and William Jackson Drive. treasurehill.com

new releases and grand openings THE MET By: Plaza City: Vaughan GTA’s newest downtown address across from the new TTC subway station. Towns starting from the high $650’s. pureplaza.com

VISTA FLATS AND TOWNS

previews and registration ICONA CONDOMINIUMS By: The Gupta Group City: Vaughan Rising 53 and 55 storeys, the two towers of this development will be the first 50plus storey towers in the city, and will be a commanding presence in downtown Vaughan. Register now to stay informed. theincona.com

74 YPNEXTHOME.CA

STATIONWEST By: Adi Developments City: Burlington Welcome to Burlington’s new design-forward address, in an idyllically located masterplanned community connected to a large central park and the Aldershot GO station.

Register now. adidevelopments.com

By: Geranium Homes City: Stouffville The final release of the award-winning Neighbourhoods of Cardinal Point. Prices starting from the high $300’s. vistaflatsandtowns.com

INDIGO CONDOMINIUMS By: Pemberton Group City: Maple Live steps from the Maple GO station.

New release of one- and one-bedroomplus-den suite priced from the low $300’s. pembertongroup.com

COSMOS III CONDOMINIUMS By: Liberty Development City: Vaughan Register now for a new condominium coming to the Vaughan Metropolitan Centre. Prices starting from the mid-$200’s. cosmoscondos.ca

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@ypnexthome.ca

Hot Properties

416

Find your next home! This page features a few of the latest properties to keep your eye on in the 416 area. Find more properties at ypnexthome.ca

LATEST LISTINGS

SUPERSONIC

HALO

RODEO

By: Cresford Developments City: Toronto A striking new condo is coming to Yonge and College, inspired by the look and luxury of Baccarat. Register now. haloresidences.com

By: Lanterra Developments and Cadillac Fairview City: Toronto Register now for iconic living at CF Shops at Don Mills. Prices starting from the high $200's. rodeodrivecondos.com

THE WYATT By: The Daniels Corporation City: Toronto The Regent Park revitalization continues with this new addition to Dundas and Sumach streets. Register now. danielswyatt.com

WATERWORKS By: Mod Developments Inc. City: Toronto Experience the evolution of a historic industrial building into an eclectic mix of stylish city condos, an adjoining park and a food hall. Register now. waterworkstoronto.com

HARRIS SQUARE

previews and registration SUPERSONIC By: Lindvest City: North York Lindvest will introduce SuperSonic – the second contemporary tower in their North York condominium community, in a park-like setting at Eglinton Avenue and Don Mills Road. lindvest.com/supersonic

HOME By: Great Gulf & Hullmark Developments City: Toronto Located at the corner of Power and Adelaide, "home" will consist of two highrise towers, with amenities focused on artistry and innovation. Register now. homeonpower.com

By: Urban Capital City: Toronto Register now for the final phase of the iconic River City community in Toronto's West Don Lands neighbourhood. rivercitytoronto.com

EVO CONDOS + TOWNS By: Lalu Canada City: Toronto Urban towns are coming to Birchmount and Lawrence. Register now. evocondos.com

new releases and grand openings AQUABELLA By: Tridel & Hines City: Toronto The ultra-luxurious Terrace Collection is now available at Bayside’s newest condo, Aquabella. Suites from 1,767 to over 4,000 sq. ft., priced from $3 million. tridel.com

THE FOXBAR COLLECTION AT BLUE DIAMOND By: Camrost Felcorp City: Toronto A new release of spacious two- and threebedroom luxury suites and townhomes.

Prices starting from the mid-$800's. thefoxbar.ca

AYC CONDOS By: Metropia City: Toronto Now open! Condo residences and townhomes coming soon, where The Annex and Yorkville meet. ayccondos.com

EXCHANGE By: Concord Adex City: Toronto Register now for boutique condos in downtown Toronto's Entertainment District. exchangecondos.ca

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@ypnexthome.ca

FEBRUARY 4 - 18, 2017 | NEW CONDO GUIDE 75

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

A B C D

East York

230

E 224

F

10

G

13

H I J K

5

York

225

229 231

3

Toronto

L

14

228 227 18

34 226

51

M N O

torontoregionalmaps: Toronto, East York, York

P

76

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

# Builder Site Telephone TH* C* Price Range Page Finder 11 MENKES DEVELOPMENTS INC. 365 Church 416-591-7700 • from $420,000 Insert 14I 14 FIELDGATE URBAN Heartwood the Beach heartwoodthebeach.com • from $490,000 45 24J 18 URBAN CAPITAL Harris Square rivercitytoronto.com • • 39 18L 26 BAZIS INC. No1 Yorkville 416-519-2911 • from $550,000 3 15I 26 PLAZA No1 Yorkville 416-519-2911 • from $550,000 3 15I 34 DREAM Ivy Condos 416-306-6484 • • from $320,000 31 16L 34 THE SHER CORPORATION Ivy Condos 416-306-6484 • • from $320,000 31 16L 34 MENKES DEVELOPMENTS INC. Fleur menkes.com • • Insert 16L 35 MENKES DEVELOPMENTS INC. 87 Peter 416-591-7700 • from $781,000 Insert 15M The Eglinton Yonge at Heart 416-591-7700 • from $290,000 Insert 15D 35 MENKES DEVELOPMENTS INC. Halo Residences on Yonge 416-485-3000 • from $300,000 IBC 16K 49 CRESFORD DEVELOPMENT CORP. 50 CRESFORD DEVELOPMENT CORP. VOX 416-485-3000 • IBC 15J 52 CRESFORD DEVELOPMENT CORP. CASA III 416-486-2272 • from $1180,000 IBC 15L 64 LAMB DEVELOPMENT CORP. Wellington House 416-368-5262 from $428,000 52 14M 68 LAMB DEVELOPMENT CORP. East Fiftyfive 416-861-9559 • from $322,000 55 17L 68 HYDE PARK East Fiftyfive 416-861-9559 • from $322,000 55 17L 68 GREAT GULF Home Power + Adelaide homeonpower.ca • from $320,000 9 17L 104 CRESFORD DEVELOPMENT CORP. The Clover on Yonge 416-485-3000 • IBC 14J 229 TRIDEL CORPORATION Via Bloor 416-659-2500 • IFC 17I 230 PLAZA Plaza Midtown pureplaza.com • 18-19 14E 1 BRANDY LANE HOMES The Davies 416-873-0862 • from $820,000 14I 2 GREAT GULF Yonge+Richmond 416-499-8883 • from $470,000 16K 3 ARAGON PROPERTIES Eighty One Wellesley eightyonewellesley.ca • from $330,000 16J 3 ALTERRA 159SW 159sw.com • from $300,000 16J 4 GAIRLOCH INVESTMENTS 383 Sorauren 383sorauren.com from $265,000 9M 4 CENTRESTONE URBAN DEVELOPMENTS INC. 383 Sorauren 416-588-0383 from $265,000 9L 5 GRAYWOOD DEVELOPMENTS Scoop Condos scoopcondos.com • from $282,000 19I 6 CRESFORD DEVELOPMENT CORP. Merton Yonge Condominiums 416-484-1900 • from $400,000 14E 7 THE DANIELS CORPORATION High Park Condominiums 416-351-1844 • from $285,000 8L 8 ROCKPORT GROUP George Condos+Towns 647-351-5050 • from $335,000 22L 9 HARHAY DEVELOPMENTS 875 Queen East 416-694-8750 • from $300,000 19L 10 MARLIN SPRING Canvas Condominium canvascondos.ca • from $250,000 24G 11 MENKES DEVELOPMENTS INC. Pears on the Avenue 416-323-0100 • from $400,000 14I 11 TRIDEL CORPORATION Sherwood at Huntington 416-485-1900 • from $1000,000 18G 11 METROPIA AYC Condos ayccondos.com • • from $400,000 14I 12 NORTH DRIVE INVESTMENT The High Park 416-670-3699 • from $400,000 8L 12 NORTH DRIVE INVESTMENT Picnic 416-670-3699 • from $475,000 8L 13 ASPEN RIDGE HOMES The Jack aspenridgehomes.com • from $400,000 14H 15 TRIDEL CORPORATION 101 Erskine 416-480-0700 • from $386,000 14D 16 FREED 155 REDPATH 416-996-5428 • from $226,000 14D 16 FREED 150 REDPATH redpathcondos.com • from $200,000 14D 16 CAPITAL DEVELOPMENTS 150 REDPATH redpathcondos.com • from $200,000 14D 17 ROCKPORT GROUP The Nest 416-223-0003 • from $350,000 11H 18 URBAN CAPITAL RC3 416-862-0505 • • from $220,000 18L 19 STREETCAR DEVELOPMENT The Southwood 416-750-7506 • from $300,000 23H 20 MENKES DEVELOPMENTS INC. Fabrik 416-591-7700 • from $590,000 14M 20 LIFETIME DEVELOPMENTS Whitehaus Condominiums whitehaus.ca • from $300,000 14M 20 MOD DEVELOPMENTS INC. Waterworks waterworkstoronto.com • from $420,000 14M 21 GREENLAND GROUP King Blue Condos 416-599-1355 • from $336,000 12N 22 MATTAMY HOMES Picasso on Richmond 416-495-3549 • from $541,000 14M 22 TRIDEL CORPORATION Ten York 416-596-9888 • from $1020,000 12F 22 MATTAMY HOMES Picasso on Richmond 416-495-3549 • from $336,000 14M 23 TRIBUTE COMMUNITIES The College Condominium 416-363-4800 • from $400,000 M14 25 TRIDEL CORPORATION SQ2 416-661-1949 • from $629,000 15D 28 EMPIRE COMMUNITIES Eau Du Soleil Waterfront Condominiums416-503-3328 • from $500,000 25B *TH: Townhomes, Highlighted listings are advertised in this issue of Condo Guide. Attention Builders - Want to add your community to our maps?

C: Condo Need to update existing information? Please fax the details to (416) 789-9554 Please refer to page number for complete information.

Builder

Site

Telephone

Success Tower at Pinnacle Centre 416-360-0673 Bespoke Towns 419-239-8181 Totem Condominium 416-792-1877 The Madison 416-482-8090 88 Queen 88queen.com Fuse Condos 416-534-4444 Pace 416-928-2223 Dundas Square Gardens 416-645-8575 Grid Condos 416-477-4743 Garrison Point garrisonpoint.ca The Barrington Condominiums Flats 416-410-4444 Howard Park 2 416-873-0989 The Upper House Condos in Leaside 416-425-1800 Alter 416-645-4599 The PJ 416-596-1600 Yorkville Park mintoyorkvillepark.com Zigg Condos 416-545-0223 Zigg Condos 416-545-0223 Yorkville Private Estates 416-484-4371 Teahouse 416-861-1111 Stanley 416-546-1502 Aqualina at Bayside Toronto 416-514-2710 Aquavista at Bayside Toronto 416-514-2710 Aquabella Bayside Toronto tridel.com CASA II 416-486-2272 11 Wellesley 416-861-1111 Riverside Square 416-466-4466 Monde 416-466-8885 Liberty Central by the Lake - Phase One416-537-0047 The Selby theselbycondos.com The Rosedale on Bloor 416-928-9997 The Brant Park 416-368-5262 Enigma on the Park 416-516-1551 Citylights on Broadway 416-546-6605 609 Avenue Road 609avenue.com 609 Avenue Road 609avenue.com 2221 Yonge 647-350-2221 On The Danforth onthedanforthcondo.com Liberty Central by the Lake Two 416-537-0047 Schoolhouse 416-979-1333 Art Shoppe Condos artshoppecondos.com Distinction Condos 416-489-6444 Distinction Condos 416-489-6444 J Davis House 647-343-3270 J Davis House jdavishouse.com One Eleven Condominiums & Lofts 647-351-4111 One Eleven Condominiums & Lofts 647-351-4111 One Bloor Residences 416-922-0081 Seventy Seven Charles Yorkville 416-203-7034 Ivory On Adelaide 647-341-1731 158 Front Condominiums 158front.com Exhibit 416-967-7778 Exhibit 416-967-7778 Exhibit 416-967-7778 The Urban Townhome Collection 647-344-2573 The Pinnacle on Adelaide 416-596-1600 Bisha Hotel & Residences 416-637-2211 88 Scott 416-216-8588 Riverhouse at the Old Mill 416-766-7343 Two Old Mill 416-645-7022 RCM I on University 647-351-9247 The Berwick 416-922-9425 The Mercer 416-597-6940 Imperial Plaza 647-346-3799 Blue Diamond at Imperial Plaza 416-925-2501 Cumberland Tower - Yorkville Plaza II 416-966-3003 The Foxbar Collection at Blue Diamond thefoxbar.ca Studio on Richmond 647-352-7736 Tableau Condominiums 416-591-8887 Tableau Condominiums 416-591-8887 Tableau Condominiums 416-591-8887 The Bond Condominiums 416-546-7525 L Tower 416-777-2533 Time and Space Condominiumspembertongroup.com Perspective Condos 416-242-3500 Neon 416-987-7878 1000 Bay 416-485-3000 90 Niagara 416-981-0036 James 416-214-9900 SIXTY Colborne 416-601-0060 SIXTY Colborne 416-598-7775 Upper Beach Townes 416-693-7500 The Massey Tower 416-966-0197 Canary District Condominiums 416-603-7576 Canary Park Condominiums 416-603-7576 TEN93 Queen West 905-326-4100 TEN93 Queen West 416-546-6355 Epic pureplaza.com Smart House 416-292-0219 Smart House 416-292-0219 Duke Condos junctionlife.ca King Charlotte 416-368-5262 Theatre Park 416-368-5262 The Harlowe 416-363-1771 Form tridel.com Empire Midtown empiremidtowncondo.com Eight Cumberland 8cumberland.ca Eight Cumberland 8cumberland.ca St. Lawrence Condos stlawrencecondos.ca YSL 416-483-3000 The Wyatt Condominium Suites 416-955-0559 West Beach WestBeachCondos.ca

TH* C* Price Range • • • • • • • • • • •

• • • •

• •

• •

• • • • •

•

•

• • • • • • • • • • • • • • • • • • • • • • • • • •

from $880,000 from $550,000 from $492,000 from $480,000 from $250,000 from $260,000 from $310,000 from $224,000 from $250,000 from $250,000 from $455,000 from $349,000 from $350,000 from $700,000 from $300,000 from $420,000 from $1300,000 from $1300,000 from $2500,000 from $241,000 from $300,000 from $336,000 from $814,000 from $1200,000 from $1180,000 from $435,000 from $200,000 from $340,000 from $370,000 from $220,000 from $835,000 from $236,000 from $320,000 from $600,000 from $600,000 from $320,000 from $251,000 from $320,000 from $900,000 from $200,000 from $360,000 from $360,000 from $320,000 from $320,000 from $300,000 from $300,000 from $580,000 from $2100,000 from $510,000 from $290,000 from $560,000

• • • • • • • • • • • • • • • from $2200,000 • from $367,000 • from $300,000 • from $500,000 • from $500,000 • from $1762,000 • from $515,000 from $536,000 • from $440,000 • from $386,000 • from $390,000 • from $350,000 • from $900,000 • from $300,000 • from $450,000 • from $350,000 • from $350,000 • from $409,000 • from $490,000 • from $300,000 • from $400,000 • from $410,000 from $317,000 • from $496,000 • from $300,000 • from $551,000 • from $332,000 • from $335,000 • from $242,000 • from $280,000 • from $380,000 • from $351,000 • from $442,000 • from $472,000 from $290,000 • from $435,000 • from $1990,000 • from $300,000 • • • • • •

from $300,000 from $400,000 from $400,000 from $280,000 from $220,000 from $290,000

Page

Finder 17M 22J 15H 14E 16L 9K 16L 17K 17K 13N 12H 9L 18D 16J 15L 14J 14J 14J 14J 16K 16K 18M 18M 18M 15L 15J 19L 17M 11F 16J 16I 14M 9L 14D 14G 14G 14D 23G 12N 13I 14D 14D 14D 15F 15F 13M 13M 15I 14J 17L 17L 14I 14I 14I 15K 15M 16M 17M 5L 5L 14M 14E 15M 15I 15I 15I 15I 15M 15L 15L 15L 15G 17L 17L 4H 14D 15J 14O 14O 16L 16L 24G 16L 18L 18L 12F 12F 12F 15L 15L 8K 15M 16M 15M 15L 10F 15I 15I 17L 16K 18J 23J

*TH: Townhomes, Highlighted listings are advertised in this issue of Condo Guide. Attention Builders - Want to add your community to our maps?

C: Condo Need to update existing information? Please fax the details to (416) 789-9554 Please refer to page number for complete information.

torontoregionalmaps: Toronto, East York, York

#

29 PINNACLE INTERNATIONAL 30 BUENA VISTA DEVELOPMENTS 31 WORSLEY URBAN PARTNERS 32 MADISON HOMES 34 ST. THOMAS DEVELOPMENTS 36 NEUDORFER CORPORATION 38 GREAT GULF 38 EASTON’S GROUP 38 CENTRE COURT DEVELOPMENT 40 FERNBROOK HOMES/CITYZEN DEV. 41 LASH GROUP OF COMPANIES 42 TRIUMPH DEVELOPMENTS 43 K-CAP LAIRD INC. 44 TRIDEL CORPORATION 47 PINNACLE INTERNATIONAL 48 MINTO COMMUNITIES INC. 48 MADISON HOMES 48 FIELDGATE HOMES 48 CAMROST - FELCORP 49 LANTERRA DEVELOPMENTS 49 TRIBUTE COMMUNITIES 51 TRIDEL CORPORATION 51 TRIDEL CORPORATION 51 TRIDEL CORPORATION 52 CRESFORD DEVELOPMENT CORP. 53 LANTERRA DEVELOPMENTS 56 STREETCAR DEVELOPMENT 58 GREAT GULF 60 CANALFA GROUP 63 FERNBROOK HOMES/CITYZEN DEV. 63 THE GUPTA GROUP 64 LAMB DEVELOPMENT CORP. 65 ARAGON PROPERTIES 67 PEMBERTON GROUP 70 STATE BUILDING GROUP 70 MADISON HOMES 71 TOWER HILL DEVELOPMENT CORPORATION 73 DIAM DEVELOPMENTS 75 CANALFA GROUP 78 EMPIRE COMMUNITIES 79 FREED 79 LASH GROUP OF COMPANIES 79 LASH GROUP OF COMPANIES 80 MATTAMY HOMES 80 BIDDINGTON HOMES 85 HARHAY DEVELOPMENTS 85 CARTTERA 99 GREAT GULF 104 ASPEN RIDGE HOMES 114 PLAZA 114 FERNBROOK HOMES/CITYZEN DEV. 117 BAZIS INC. 117 METROPIA 117 PLAZA 118 PEMBERTON GROUP 124 PINNACLE INTERNATIONAL 128 LIFETIME DEVELOPMENTS 129 CONCERT PROPERTIES 131 LANTERRA DEVELOPMENTS 131 TRIDEL CORPORATION 133 TRIBUTE COMMUNITIES 142 ANDRIN HOMES 148 GRAYWOOD/BEAVERHALL DEVELOPMENT 149 CAMROST - FELCORP 149 CAMROST - FELCORP 149 CAMROST - FELCORP 149 CAMROST - FELCORP 150 ASPEN RIDGE HOMES 153 URBAN CAPITAL 153 MALIBU INVESTMENTS INC. 153 ALIT DEVELOPMENTS 155 LIFETIME DEVELOPMENTS 157 CASTLEPOINT/CITYZEN/FERNBROOK 157 PEMBERTON GROUP 162 PIANOSI DEVELOPMENTS 185 PEMBERTON GROUP 190 CRESFORD DEVELOPMENT CORP. 199 FIELDGATE HOMES 199 BRAD J. LAMB REALTY 200 FREED 200 CARTTERA 201 SOLOTEX 206 MOD DEVELOPMENTS INC. 215 DUNDEE KILMER DEVELOPMENTS 215 DUNDEE KILMER DEVELOPMENTS 217 BAYWOOD HOMES 217 PEMBERTON GROUP 217 PLAZA 218 MALIBU INVESTMENTS INC. 218 URBAN CAPITAL 219 TAS DESIGNBUILD 220 LAMB DEVELOPMENT CORP. 221 LAMB DEVELOPMENT CORP. 222 LAMB DEVELOPMENT CORP. 223 TRIDEL CORPORATION 224 EMPIRE COMMUNITIES 225 GREAT GULF 225 PHANTOM DEVELOPMENTS 226 FERNBROOK HOMES/CITYZEN DEV. 227 CRESFORD DEVELOPMENT CORP. 228 THE DANIELS CORPORATION 231 MARLIN SPRING

77

1

2

3

4

5

6

7

8

A

9

10

11

12

13

14

15

16

17

18 2

Steeles Ave

19

20

21

22

23

24

25

26

121

12

B

99

33

North York C

9 34

124

400 5

50

11

37

401

D

8

15 17

7

22 13

134

28

123

E

20

401

25

3

122

F

16

21

18

130

19

125

10 132

G

95

H

torontoregionalmaps: North York

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

78

#

Builder

13 95 121 134 1 2 3 3 4 5 6 6 7 8 9 10 10 11 12 13 13 15 16 16 17 17 18 19 20 21 22 28 33 33 34 34 37 50 95 96 96 96 96 122 122 122 123 124 124 125 130 132

CONCORD ADEX LINDVEST LIBERTY DEVELOPMENT CORP. ELAD CANADA CONCORD ADEX DEVRON DEVELOPMENTS YYZED PROJECT MANAGEMENT TIFFANY PARK HOMES TRIDEL CORPORATION LINDVEST CONCORD ADEX CONCORD ADEX FRAM BUILDING GROUP BAZIS INC. SORBARA GROUP LANTERRA DEVELOPMENTS LANTERRA DEVELOPMENTS MATTAMY HOMES GHODS BUILDERS INC. CASTLE GROUP DEVELOPMENTS LIBERTY DEVELOPMENT CORP. PHANTOM DEVELOPMENTS URBAN CAPITAL ALIT DEVELOPMENTS CHESTNUT HILL DEVELOPMENT HAVEN DEVELOPMENTS KUBO DEVELOPMENTS MADISON HOMES MALIBU INVESTMENTS INC. TRIDEL CORPORATION TRIDEL CORPORATION TRIDEL CORPORATION LATCH DEVELOPMENTS FIRST AVENUE PROPERTIES DIAMANTE DEVELOPMENT CORP. G GROUP DEVELOPMENT CORP NORSTAR GROUP OF COMPANIES DEVRON DEVELOPMENTS ASPEN RIDGE HOMES ELAD CANADA ELAD CANADA ELAD CANADA ELAD CANADA LANTERRA DEVELOPMENTS LANTERRA DEVELOPMENTS LANTERRA DEVELOPMENTS BRANDY LANE HOMES TRIDEL CORPORATION TRIDEL CORPORATION FRAM BUILDING GROUP TRIBUTE COMMUNITIES FRAM BUILDING GROUP/CADILLAC FAIRVIEW

Site

Telephone TH* C* Price Range

Seasons Condominiums concordseasons.ca Super Sonic lindvest.com/supersonic World on Yonge 905-771-7010 The Peak Emerald City emeraldcitylife.ca/thepeak Opus 416-813-2999 The Vanguard vanguardto.com VISTO vistocondos.ca Westhaven 416-792-6655 Aristo at Avonshire 416-730-0300 The Brownstones at Westown lindvest.com Tango2 at Concord Park Place 416-813-2999 Omega On The Park 416-813-2999 SOUL mysoulcondos.ca Estates on Bayview estatesonbayview.com Beacon beaconcondos.ca Rodeo Drive Condominiums rodeodrivecondos.com Rodeo Drive 2 Condominiums rodeodrivecondos.com Downsview Park Boutique condosmattamyhomes.com 5959 Yonge Street 416-222-5959 Vida at Bayview Village 416-304-1212 The Village Residences 647-622-8408 Tea Garden Condos teagardencondos.com The Ravine 416-850-2489 The Ravine 416-850-2489 Lotus Condominiums 416-222-8338 SIX 25 BV six25bv.com Marquette Urban Towns 416-551-9767 Briar Hill madisonhomes.ca Southside Residences at Gramercy Park 416-703-2202 Argento 416-663-1818 Scala 416-730-0300 Alto at Atria 416-645-8866 The Bennett on Bayview thebennettcondos.com The Bennett on Bayview thebennettcondos.com The Diamond Condominiums on Yonge 416-961-8008 Ellie Condos elliecondos.com Portrait Condominiums 416-282-9600 Flo Condominiums 647-799-0356 Scenic on Eglinton 416-805-1781 Dreamtower At Emerald City 416-492-0001 The Colours of Emerald City coloursofemeraldcity.com Fifth on the Park 416-492-0001 The Park Club Emerald City theparkclub.ca Treviso Condominiums 416-787-8882 Treviso II 416-787-8882 Treviso III 416-787-8882 The Station 416-398-9777 Trio at Atria 416-645-8866 Parfait at Atria tridel.com LIV Lofts 416-445-5638 Canterbury 647-352-2130 Flaire Condos 416-445-8868

*TH: Townhomes, Highlighted listings are advertised in this issue of Condo Guide.

C: Condo Please refer to page number for complete information.

• • •

• • • • • •

•

•

• •

•

• •

• • •

• • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • •

•

from $320,000 from $281,000 from $290,000 from $267,000 from $633,000 from $391,000 from $250,000 from $265,000 from $200,000 from $250,000 from $1950,000 from $368,000

from $302,000 from $250,000 from $200,000 from $268,000 from $250,000 from $306,000 from $250,000 from $250,000 from $400,000 from $290,000 from $370,000 from $300,000 from $334,000 from $250,000 from $250,000 $268,000 from $250,000 from $255,000 from $322,000 from $300,000 from $367,000 from $290,000 from $290,000 from $290,000 from $203,000 from $263,000 from $250,000 from $467,000 from $271,000 from $250,000 from $951,000 from $305,000

Page 14-15 35 26 23

Finder 20D 23G 18A 24D 22C 18A 8E 23G 18D 4C 22C 22C 25C 19D 17C 22F 22F 10D 18A 20D 20D 19C 25E 25E 19C 19C 14E 12F 13E 22E 22C 25D 17B 17B 17C 17C 13C 18C 23G 24C 24C 24C 24C 12F 12F 12F 12D 24C 24C 22F 19F 22Fz

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

16

17

18

19

20

Humberline Dr

23

24

25

26

nR

d

al

e

10

Islington Ave

xd

30 Kipling Ave

Martin Grove Rd

Bl

vd

1

401 2A

40

27

Dixon Rd

Westway

409

d ett R

Etobicoke

Scarl

Av e

22

Finch Ave W

Ranforth Dr

Rathburn Rd

21 d ll R Mi

lva

Da nf or th

bio

427

Centennial

RD

Sy

44

34 Bloor St W

Dundas St W57

16

Queensway

14

QEW

9

22

Gardiner Expressway Evans Ave

2

Horner Ave

H

Park Lawn

73

50 8 Royal York Rd

Scarborough

28

Al

Re

e

Ki

21

Passmore Ave

East Ave Port Union Rd

Galloway Rd

Ki

ng

n sto

Manse Rd

Orton Park Rd

Markham Rd

Scarborough Golf Rd

McCowan Rd

St. Clair Ave

4

11 n Av

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

Victoria Park

G

Bellamy Rd

Brimley Rd

Eglinton Ave E

F

n Dr

orto

Brim

3 Lawrence Ave E Rd

Warden Ave

Kennedy Rd

27 71

15

Beare Rd

Progress Ave

14

Sheppard Ave E

Morrish Rd

55

Birchmount

Pharmacy Rd

E

401 Midland Ave

401 Ellesmere Rd

D

Milner Ave

72

Conlins Rd

23

13

Meadowvale Rd

Sheppard Ave E 26

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

5 56

6 19 24 17 18

39

Lakeshore Blvd W

# 57 1 2 3 4 5 6 8 8 9 10 10 11 13 14 14 14 16 17 18 19 21 22 23 24 26 27 28 30 34 39 39 44 50 50 55 55 55 56 61 71 71 72 73

Builder PINNACLE INTERNATIONAL INSOHO DEVELOPMENTS STANTON RENAISSANCE LALU CANADA YOUR HOME DEVELOPMENTS VANDYK GROUP OF COMPANIES CONSERVATORY GROUP TRIDEL CORPORATION TRIDEL CORPORATION WILKINSON DEVELOPMENTS LASH GROUP OF COMPANIES CARTTERA SCOLLARD DEVELOPMENT OPEARL DEVELOPMENTS INFINITY DEVELOPMENTS LAURIER HOMES MUTUAL DEVELOPMENTS CONCERT PROPERTIESZ TIMES GROUP CORP. MATTAMY HOMES ICON HOMES MENKES DEVELOPMENTS INC. MENKES DEVELOPMENTS INC. CITYCORE DAVIES SMITH GEMTERRA GLOBAL KINGDOM MINISTRIES LIBERTY DEVELOPMENT CORP. TERRANATA DEVELOPMENTS INC. EDILCAN DEVELOPMENT CORP. MATTAMY HOMES MATTAMY HOMES TRIDEL CORPORATION PEMBERTON GROUP NORTH STAR HOMES TRIDEL CORPORATION TRIDEL CORPORATION TRIDEL CORPORATION PHANTOM DEVELOPMENTS VHL DEVELOPMENTS LTD. LASH GROUP OF COMPANIES LASH GROUP OF COMPANIES SAMM DEVELOPMENTS HI-RISE (WEST) INC.

Site Telephone TH* C* Pinnacle Etobicoke 416-596-1600 • Imagine Condos 416-367-7303 On The Go Mimico 647-692-8417 • Evo Condos + Towns evocondos.com • Sweet Life Condos 647-351-5440 • Backyard Neighbourhood Condos backyardcondos.com Altitude 416-321-1659 • Islington Terrace 416-645-8862 • Bloor Vista at Islington Terrace 416-645-8862 • Hunt Club Terrace 416-698-3020 • Cloud 9 Condominiums 416-747-0199 • Cloud 9 Condominiums 416-747-0199 • Guildwood 416-266-3655 • Sail Condominiums sailcondos.ca • Residences at The Hunt Club 416-699-1711 • Upper Beach Club upperbeachclub.com • Upper Beach Club upperbeachclub.com • The KIP District thekipdistrict.com • Key West Condominium keywesttorontocondo.com Lago 647-347-5930 • Royal York Urban Towns 416-901-0206 • Dwell City Towns 416-259-2525 • Humber Mews 416-259-2525 • Harmony Village 416-493-0123 • Eleven Superior 416-259-8882 • Joy Condos joycondos.com • Trinity Ravine Towers 647-876-5433 • Terrace on Danforth 416-987-7575 • The Step 416-798-7070 • Triumph at Valhalla 416-233-5554 • Waterscapes 416-495-3544 • Waterscapes 416-495-3544 • West Village 416-620-1887 • Vivid Condos 416-239-8200 • Connexion at Islington northstarhomesinc.com • Avani At Metrogate 416-293-5535 • Avani 2 At Metrogate 416-293-5535 • Selene Metrogate 416-293-5535 • Jade Condominiums 416-762-8818 • Haven On The Bluffs 416-2611-9555 • Me Condos 416-430-0003 • Me 2 Condos 416-630-9393 • The Kennedys Condominiums KennedyCondos.com • Spice Urban Towns 416-932-3443 •

Price Range from $300,000 from $235,000 from $200,000 from $220,000 from $200,000 from $250,000 from $230,000 from $250,000 from $250,000 from $240,000 from $240,000 from $200,000 from $300,000 from $390,000 from $390,000 from $250,000 from $320,000 from $744,000 from $220,000 from $390,000 from $550,000 from $311,000 from $220,000 from $200,000 from $278,000 from $145,000 from $250,000 from $414,000 from $400,000 from $386,000 from $391,000 from $300,000 from $309,000 from $250,000 from $280,000 from $305,000 from $292,000 from $250,000 from $250,000 from $220,000 from $390,000

Page 5

Finder 22G 4F 23H 3D 10E 24G 25H 23F 23F 2H 22B 22B 8F 2C 2G 2G 2G 22F 25H 25C 24H 20F 20H 2C 24H 4C 7D 2G 23B 21F 26H 26H 20F 23F 23F 4C 4C 4C 25G 3E 8D 8D 4C 2G

*TH: Townhomes, Attention Builders - Want to add your community to our maps?

Highlighted listings are advertised in this issue of Condo C: Condo Guide. Please refer to page number for complete information. Need to update existing information? Please fax the details to (416) 789-9554

torontoregionalmaps: Scarborough, Etobicoke

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

79

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

20

21

22

23

eE ir Av

Ave

ay Va lle yP ar kw n Do

bine

F

60 shore2 Lake W Blvd

QEW

5

rd S

tE

15 ay essw

4

58

pr r Ex1

dine

Gar

10

26

St

y Ave

St Keele

3

Jarvis

ersit

E

25

ore esh Lak W d Blv

y Valle D on ay Parkw

Univ

ve ina A Spad

ne

erin

s dow

Duff

Land

D

24

Park

d Woo

Ave well

G era

Rd

St Jane

Ro

e r Av nne O'Co Ave urn Cosb

Cox

Rd

ue Aven

Rd gers

han

d

Rd

St

on

ina R

Egli

We st

Vau g

Spad

Av nton

erin Duff

eW

C

19

St Cla

A

B

18

oria Vict

2

d Dr Lair

1

G

Toronto Waterfront

H

waterfrontmaps: TORONTO

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

80

#

Builder

Site

Telephone TH* C* Price Range

Page

Finder

1

MENKES DEVELOPMENTS INC.

Harbour Plaza

416-591-7700 •

from $350,000

Insert

14F

3

MATTAMY HOMES

Vita On The Lake

mattamyhomes.com •

from $350,000

BC

2F

from $300,000

Insert

16F

15 THE DANIELS CORPORATION

Lighthouse East Tower Condominium Residences 416-221-3939

•

2

Concord Adex

The Lakefront

thelakefront.ca

•

4

TRIDEL CORPORATION

Aquabella Bayside Toronto

tridel.com

•

from $1200,000

16E

4

TRIDEL CORPORATION

Aqualina at Bayside Toronto

416-514-2710

•

from $336,000

16E

4

TRIDEL CORPORATION

AquaVista at Bayside Toronto

416-514-2710

•

from $814,000

16E

5

CONCORD ADEX

Exchange Condos

exchangecondos.ca

•

10 GREAT GULF

Twenty Lombard

416-499-8883

•

from $543,000

16K

58 GREAT GULF

Monde

416-466-8885 •

•

from $340,000

17E

60 CANALFA GROUP

Liberty Central by the Lake Two

416-537-0047

•

from $320,000

11F

*TH: Townhomes, C: Condo

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

12F

12F

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

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

St n Qu ee tW

ds Q or ue Dr en S

in

25

26

Q ueensw ay

Evans Ave

28 5

G ardiner Expressw ay

2

3

18

Lakeshore Blvd E

lW ya Ro

W Rd e La

ke

sh

Mississauga Waterfront Orillia

Etobicoke Waterfront

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

69

M Rd

rs

La

ke

ee ate

Rd

24

12 11

Mara

93

6

11

27

Oro

La

ke

sh

or

e

Rd

W

Vespra

Rd

Tosorontio Everett

J

Hwy 5 0

K #

Builder

2

STANTONShelburne RENAISSANCE 10

Essa

La

Barrie

Mono

9

DAVIES SMITH

Keswick

400

Further

Alliston,

Cannington

48

LindsayWhitby 7 Waterfront

East Gwillimbury North Waterfront

400

Bradford Tecumseth and Tottenham On The Go Mimico Adjala

n

Georgina Island 33 c6aygeo Bob

Georgina

Beeton, Site

89

e

co

im

S ke

Angus

ak

rlo

Bu

Sunnidale Oakville 90 Waterfront Lisle

400

9

Uxbridge

Lake

Telephone TH* C* Price Range 647-692-8417 48

•

og

Scug

Page

Scugog

from $200,000

Finder 23C

King

Newcastle

Schomberg Eleven Superior

Manvers

416-259-8882

•

from $311,000 Whitby

Oshawa

23C 401

5

DAVIES SMITH

Hearthstone by the Bay

416-259-4466

•

6

SCOLLARD DEVELOPMENT CORP.

Boathaus

boathaus.ca

•

from $198,000

22I

11 MATTAMY HOMES

Waterscapes

416-495-3544

•

from $414,000

13B

18 MATTAMY HOMES

Riva Del Lago

647-347-5930

•

from $806,000

24C

28 EMPIRE COMMUNITIES

Eau Du Soleil - Waterfront Condominiums

416-503-3328

•

from $500,000

25B

*TH: Townhomes, C: Condo

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

24C

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

Rd

ge

23

ne

id

22

Bloor St W

Q EW

Bracebridge

27

Wasaga Beach

Br

21

D undas St W

9

sh

St

Sp

Rd e dl

Up

20

4

400

Tay

QE

lG

pe

Rd

Li

24

I

3

ra

4

Rd

Rathburn Rd

19

H orner Ave

or

Rd

hil

rM

id

ng

18

11

th

E

Dr al W

Rd

Th e

E Rd Bu rn ha m th or pe

W St as

nd

Du

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

W

Rd

hb ur n Ra t

lle ge wa y Co

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

W Rd

W Rd pe or th m ha

Rd

rn

n tio

Rd

Rd

ac or D o Co e na r Rd ld nwa E ll R Rd d

ee St ry

Ce re m on i

le

Br ita nn ia

sA ve

W

a St

ne Li

Bu

e

9 ne Li

tti

17

69

W

No

16

Rd

Rd is

vd Bl

8

Rd

a

Hine

Ford Dr

nR Devo

Rd

m

Rd

n dia

In

15

QEW

w

Rd

Midlandd

Oakville Kerr

W QECa

St

av

y

ll hi ne Li

ne Li

25

l da in

kw

c ur Ch 6

4

Gon te Rd Thornbury

le

4

Georgian Bay

Br

da

03

lg

ar

rio

14

Dr

E

ta

Mississauga

sP

on fa

y

on

fe

Er

ill

st in W Rd

M

Rd

Co Rid lon ge ial wa Dr yD r

Tr a

kw

ur

W ol

te

13

lP

M

ga

e

ie ix D

Rd

De r

y

ne Li

F

ra

H

au

in Er r D

10

d oo

iss

D

E

Ce nt

w

kw

M Dr iss

Fi

11ldga 12

10

Park Law n

sP

ie tv di

ill

e Cr

M w en Ed

ek

3

8 40 9

RoyalYork Rd

in re

E

orth D r

Er illc

h

at

M

lvd

7n B

o es

d llR Mi

1

40

M

6

Rd

5

n

4

ke m To

3

C

Tr e

Rd

St

2

A

B

y

rio ta on

1

81

Si

6

7

8

9

10

ne

13

14

15

th

Bolton

W al

ke

20

rR

d

Sid er

25 th

oa d

12

16

17

18

19

20

21

22

23

24

25

h

4t

n Li

3r

Li

e

h

ne

d

d ro a Si de

th 10

ay ew

sR d

M ill

r

or D

Dr

r

Brampton

wy

ng ni Rd

Rd rry Dr

Dr rk Rd

St

rn

lin

ee Qu W n

St ian

d

rn w Rd all R d

al

Co

Rd

E

Do n e ho r

1

th

E

W

or e sh ke

Rd

Sh Sp eri ea da km n P Tr an ark us co Dr D r tt Dr Rd n w o d th La Sou ke sh or e Qu Rd ee W

ac M Rd

ee rs

Rd

Rd

W

Rd

Br id ge

ne

La

n

on ia lD r

m re Ce bu th Ra

ay

ew Co lle g

Th e Sp

Rd dl e id

es

W pe rM

Bu

Rd nn ita Br

E Rd pe or m th

ha

Bu rn

W Rd pe

St as nd Du

La k

W Rd y rr De

ia

le ee St

rn Ra to M ha th n at Av he m bu th rn e so or Rd n Du pe Bl E vd Th nd Rd e E a W sS Qu tE ee ns w ay

Rd ia

nn ita Br

W

W

sA ve

Li

Up

Rd

or

n

th

io

m

w

St

at

St

ate

4

7

rio

Rd

le

Rd lG

W QECa

ta

Rd

ne Li Rd hil

QEW

ie

on

n Rd

Dr

ix

ur

W Ford Dr

e

E

Rd

da

9

9

y

Ind

Devo

St

kw

is

in

le

at

D

30 fed a

dg

lP

H

av

vd

Bl

ha

Rd

W ol

Er

y

rn

n

10 5

ra

M

kw ne

Li

Bu

ke

St Rd

ill

Rd

Scugog

Manvers

4

Fi

el

nt

34

w ch

og

Scug

Eg

n Qu

rio sP

ak

0

Lake

m To

Rd

ee

y

ta ill 8

Hwy 5

Uxbridge

E

Pa ey tn ur

St

ed

on ie ur rlo

Lindsay 7

400

M Ch

48

Cannington

East Gwillimbury

Beeton,

ng

eon

Ce

3

3

40

QE

45

tti

Georgina Island 33 obcayg B

Essa Alliston,

Ke

No

3

40

16

Rd

rr

Bu

Keswick

Fort Erie

Rd

E

Mississauga

Oakville Rd

L

e

ak

Georgina 400

itv in

on

Angus

25 ne

e

ar

6

Rd

ai

co

im eS

Co

y7 Hw

W

nn

ur ed Er

00

90

Tosorontio Everett

Rd

Tr e

te

m

Vespra4

Barrie

17

lg

n Li

11

Oro

Sunnidale Lisle

3

on

Mara

93

1

40

Ke

H Cr y st

Br

27

Wasaga Beach

ne

69

Port Dover

in

Key Maps Port Colborne

Georgian Bay

89

r

6

27

r 13 afa

19

Li

Orillia

M

Rid lon ge ial wa Dr yD r

T

4

Tay

3

Nanticoke Q

3

Dunnville

6

82

kw

Chippawa

Welland

North

New Credit

Midland

W

Fonthill

h at

Rd

NIAGARA FALLS

11

S

D

QEW

Thorold

Bracebridge West Lincoln

69 Haldimand

24

sP Rd

Vineland Lincoln

ST. CATHARINES

400

R

d

ne

O

Co

Virgil

Port Dalhousie Beamsville

De

ew

ive Dr

10 e S Av

ill Li

8

Glanbrook

Scotland

ug

a

Niagara-on-the-Lake

Grimsby

lvd

nB

o es

sa

oo 10

BRANTFORD

M Dr iss is

7

HAMILTON Stoney Creek

or M

D st

/C

Ea y

M w

403

6

Thornbury

ek

LAKE ONTARIO

11 QEW 12 21

Ancaster

To LONDON

re

en

20

Dundas

St. GeorgeN

P

illc

Carlisle Burlington

Flamborough

Paris

M

Ed

M

Key Maps

Oakville

CAMBRIDGE

Ayr

in

Puslinch

6

1 40

Er

QEW

401

E

Qu

nd Sa

se on

St

St n ee

d

Dr at rv

alw

io

n

oo

w

y

vd

Bl

403

Further West

L

d

H

ch

ill

ch

ur

Halton Hills

tR

S

ss

Rd ur

Ch MISSISSAUGA Milton

or

y

Rd

cM

M

on

et

on

st

0

41

2

401

Guelph

irp

ed

bl

in

W

7 BRAMPTON

K

A

N

nn

St

Ke

n

ai

Em

le

Dr

ol Ol d

Pk

Rd

M

Rd W an

d

ea al

Rd

ge

I

tR

am

ie ix

ita

Rd

er

H

ga

Rd

au

w

iss

D

Rd

14

or

Rd

D

Sc ho

rp

am

Br

sy

ie itv

iss

H

J

Ai

br

n ea cV M

ou ac

ed

M

d lv

Cr

B ill

Rd

gu

ch

Rd

3

To r

ar

e

in

ur

k La

Ch

Ch

Rd

Co un try sid e

rt

lin

W

gh

Bo va i

rd

r

e

au

ea H

n Li

cL

r

Bo sto n

D

Rd

G

Rd

Dr .

Rd di t Cr e he

ay

re

d

so ft

kw ar Cl

Go

tR

Fo rk

e

or

e

M

n

G

irp A

Rd k La

St

h

to

F

ne Li

ea al rt

rio

ta

W

4t

E

ea H

on

ne Li

Caledon

d 2n

am

ur H

t 1s

D

n Li

Br

C

26

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

5t

B

s in W

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

A

11

E

5

St

4

Li

ng

3

h

Ki

2

Sid

1

er oa d

xt

ra

Rd

Builder

Site

Telephone TH* C*

1

VANDYK GROUP OF COMPANIES

The Craftsman

2

THE DANIELS CORPORATION

Olivia Marie Gardens

905-874-8880

3

CASTLERIDGE HOMES

The Clairington

905-793-0002

3

PINNACLE INTERNATIONAL

4

craftsmancondos.com

Price Range

Page

Finder

from $310,000

21N

from $200,000

14K

•

from $230,000

16E

The Marquee Townhomes on the Park905-568-9000

•

from $720,000

20K

CONSERVATORY GROUP

Mirage

905-232-2400

•

from $260,000

20K

5

AMACON

Block Nine

905-273-9333

•

from $200,000

20L

5

URBAN CAPITAL

M City

mcitycondos.com

•

from $199,000

20L

6

MATTAMY HOMES

The Residences of Creekshore Common

from $406,000

14R

7

SYMMETRY DEVELOPMENTS

Lake & East Condominium Residences

9

EMPIRE COMMUNITIES

mattamyhomes.com

•

•

lakeandeast.com

•

from $350,000

16S

Senses Condominiums

905-845-7246

•

from $195,000

17Q

10 AMACON

The Residences at Parkside Village

905-273-9333

•

11 ADI DEVELOPMENT GROUP

Station West

adidevelopments.com

•

from $200,000

5N

11 ADI DEVELOPMENT GROUP

The West Condominiums at Stationwest

•

from $190,000

5N

12 SPALLACCI HOMES

101 Locke Condos

13 GREAT GULF

The Chelsea

14 PEMBERTON GROUP

Rosedale Village Golf & Country Club

15 ADI DEVELOPMENT GROUP

Link2 Condos+Lofts

905-592-2028

16 VANDYK GROUP OF COMPANIES

Windows on the Green

905-822-3333

17 PEMBERTON GROUP

Downtown Erin Mills Condominiums 905-630-6300

17 PEMBERTON GROUP

Downtown Erin Mills Condominiums Tower 2

17 PEMBERTON GROUP

Mills Square

19 METROLY DEVELOPMENTS

adidevelopments.com 101lockecondos.com

21K

•

905-844-1605

5N •

from $220,000

16P

•

from $204,000

13F

•

from $225,000

5M

from $410,000

19N

•

from $320,000

18M

905-603-6300

•

from $320,000

18M

pembertongroup.com

•

from $300,000

18M

The 6ixth

the6ixthtowns.com

•

from $300,000

16P

20 CARRIAGE GATE HOMES

The Berkeley Downtown Burlington

theberkeleycondo.com

•

from $340,000

5M

21 VALERY HOMES

Royal Connaught Phase II

royalconnaught.com

•

from $300,000

5N

21 SPALLACCI HOMES

Royal Connaught Phase II

royalconnaught.com

•

from $300,000

5N

30 PINNACLE INTERNATIONAL

Pinnacle Grand Park 2

905-276-3981

•

from $266,000

20L

30 PINNACLE INTERNATIONAL

Pinnacle Grand Park

905-276-3981

•

from $300,000

20L

34 PINNACLE INTERNATIONAL

Pinnacle Uptown

905-568-9000

•

from $300,000

19K

45 EMPIRE COMMUNITIES

Rain Condominiums

empirerainsenses.com

•

from $350,000

17Q

47 THE DANIELS CORPORATION

ARC Daniels Erin Mills

905-306-6996

•

from $300,000

17M

905-799-5000

•

SEARCH ONLINE ypnexthome.ca *TH: Townhomes, Attention Builders - Want to add your community to our maps?

Highlighted listings are advertised in this issue of Condo C: Condo Guide. Please refer to page number for complete information. Need to update existing information? Please fax the details to (416) 789-9554

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

#

83

2

3

4

5

6

8 Town9of 10 WhitechurchStouffville

7

A

11

12

14

15

Town of Markham

34

5

7 407

11 Concess ion R

Rd

Steeles Ave E

Site

16

10 Concess ion R

n de Al

14 Ave

9 Line

Builder PEMBERTON GROUP

26

Tow n of Oshaw a

M ajor M ackenzie

Bullock D r Hw y 7

3

A ldergrove D r

# 9

25

Key Maps

Tow n of W hitby

M ain St S H w y.48 Raym ervi lle D r

8

7 17

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

Steeles Ave W

Kennedy Rd

404

45

407

404

St

18 Ave

16 Ave Carlton Rd

Ave

A ve

John

Elgin M ills Rd

W oodbine

rn Strathea

Clark Ave W

H enderson Av e

13

Thornhill

24

401

W arden Av e

Leslie St

N ealD r

d St

Centre St

16th Ave.

32

23

M cCow an Rd

H w y.27

Leslie St

Bayview Ave

Yorklan

407

22

401

Cachet Pkw y

4

31

Yonge St

1

Yonge St

43 10

Tow n of Ajax

21

19 Ave

M ajor M acKenzie

Richmond Hill

7

7

20

404

Elgin M ills Rd

W eldrick Rd W D enham D r

e Av

44 48

Regent St M illSt

Langstaff Rd

46

19th Ave.

G am ble Rd

Bathurst St

Maple

19

401

M illard St

D ufferin St

n to

400

41

11 40

Rd

M cCow an Rd

2 15

18

City of Pickering

Jefferson Sideroad

Rutherford Rd

ng Isli

407

t nce S Clare Kipling Av e

50

7

48

H untington

9

E

G

6

19 Ave

M ajor M ackenzie

F

Keele St

Jane St

Teston Rd

King Rd

Bethesda Sideroad

Stouffville Rd

17

47

Bloom ington Sideroad

Bloom ington Rd

Cr

D

N ashville Rd

404

400

Pine Valley

Kirby Rd

Ave

W eston Rd

Cold Cree k Rd

C

Vandorf Sideroad Kennedy Rd

W oodbine

King-Vaughan Rd

M cCow an Rd

A urora Rd

W arden Ave

B

St John's Sideroad

16

East 9 Concession

Vivian Rd

Langstaff Rd

84

13

M t A lbert Rd

12 Line Rd

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

1

Page

Finder

Markham

D enison St

Telephone TH* C* Price Range

Indigo Condiminiums

905-553-1430

•

from $450,000

Insert

9E

13 LIBERTY DEVELOPMENT CORP.

Legacy Park

905-731-8302

•

from $300,000

26

10G

31 PEMBERTON GROUP

Sky City 2

905-709-5700

•

from $350,000

16

12F

32 LIBERTY DEVELOPMENT CORP.

Royal Gardens

905-889-9997

•

from $303,000

26

15F

1

LIBERTY DEVELOPMENT CORP.

Cosmos III Condominiums

cosmoscondos.ca

•

from $250,000

6G

2

ROYAL PINE HOMES

Hampton Place

royalpinecondos.com

9C

2

GERANIUM HOMES

Vista Flats and Towns at Cardinal Point

3

TRIBUTE COMMUNITIES

4 5

•

from $390,000

geraniumhomes.com

•

from $390,000

9C

Varley

905-604-1477

•

from $550,000

19F

TRIDEL CORPORATION

Renaissance of Richmond Hill

416-736-9500

•

from $795,000

14E

LINDVEST

Grand Cornell Brownstones in Markham905-294-6161

6

ARMOUR HEIGHTS DEVELOPMENTS

The Sorrento

8

WYVIEW GROUP

Unionville gardens

289-637-1777 unionvillegardens.com

10 GREAT LANDS CORP.

The Beverly Hills Resort Residences

11 DUKA DEVELOPMENTS

Oggi Boutique Townhomes

15 GERANIUM HOMES

Pace on Main

16 PODIUM DEVELOPMENTS

University Studios

17 REMINGTON GROUP

York Condos Downtown Markham

905-882-6636

from $340,000

23F

•

from $400,000

13B

•

from $200,000

18F

from $277,000

12E

from $320,000

1G

•

oggitowns.com

•

905-591-1071

•

from $370,000

10C

universitystudios.ca

•

from $150,000

25 B

905-948-9900

•

from $650,000

1&F

31 PEMBERTON GROUP

Sky City

905-709-5700

•

from $300,000

12F

32 45 CHARLES LTD.

Royal Gardens

905-889-9997

•

from $303,000

15F

32 SIGNATURE COMMUNITIES

TAO Boutique Condos

905-597-2535

•

from $364,000

15F

34 SIERRA HOMES

68 Main Street

905-305-0822

•

from $250,000

21E

40 NOVA TRIMAX

Allegra

905-850-6866

•

from $200,000

1F

41 QUADCAM DEVELOPMENT GROUP INC

Vista Parc Condominiums

905-850-8883

•

from $200,000

3F

43 G GROUP DEVELOPMENT/GUIZZETTI CORPORATION

Grand Palace

905-907-4370

•

from $250,000

12E

43 G GROUP DEVELOPMENT/GUIZZETTI CORPORATION

Grand Palace Phase I

905-907-4370

•

43 G GROUP DEVELOPMENT/GUIZZETTI CORPORATION

Grand Palace Phase II

905-907-4370

•

from $250,000

12E

44 LIBERTY DEVELOPMENT CORP.

Centro Square Condos

905-851-8887

•

from $333,000

5F

45 KYLEMORE COMMUNITIES

The 6th Angus Glen

905-887-9950

•

from $625,000

19E

46 PLAZA

The Met

pureplaza.com

•

from $660,000

6F

47 TREASURE HILL HOMES

Urban Town Living in Pickering

treasurehill.com

from $390,000

16A

48 THE GUPTA GROUP

Icona Condominiums

theICONA.COM

•

from $290,000

6G

•

12E

*TH: Townhomes, Attention Builders - Want to add your community to our maps?

Highlighted listings are advertised in this issue of Condo C: Condo Guide. Please refer to page number for complete information. Need to update existing information? Please fax the details to (416) 789-9554

Ontario’s best source of real estate information to

buy, rent or sell FEB 4 - 18, 2017 VOLUME 25, ISSUE 3, FREE

FEBRUARY 4 - 18, 2017 VOLUME 21, ISSUE 3, FREE

GTA EDITION

GTA EDITION

A family’s proud history of fine home building.

INSIDE THIS ISSUE

SMALL BUT SWEET: THE HOMEBUYER’S MANTRA OF 2017

WHY AMERICANS WON’T BE BUYING UP CANADIAN HOMES

INSIDE THIS ISSUE

INSPIRATION: TRENDSPOTTING AT IDS

001 CG_Cvr_02-04-17.indd 1

6 WAYS TO REDUCE YOUR MORTGAGE COSTS

primont.com

MERGING HERITAGE BUILDINGS INTO NEW DESIGNS

1/26/17 1:21 PM

一月二十一日至三月十一日 / JAN 21 - MAR 11, 2017 VOLUME 6, ISSUE 1, 免費贈閱 CHINESEHOMEGUIDE.COM

FEB 4 - 18, 2017 VOLUME 17, ISSUE 3, FREE

FEBRUARY 4 - 18, 2017 VOLUME 20, ISSUE 2, FREE

SOUTHWESTERN ONTARIO EDITION

HIRING A DESIGNER? READ THESE TIPS FIRST!

大多倫多版 / GREATER TORONTO AREA EDITION

EASTERN ONTARIO EDITION

北約克公寓最尊貴之作 —

MATTAMY GIVES YOU MORE CHOICE IN TRADITIONS II

-O PULL UT SEC AL TI CI

N O

SP E

Seasons at Concord Park Place

CO

FEATURING DO M

N

INSIDE THIS ISSUE

6 WAYS TO REDUCE YOUR MORTGAGE COSTS

INVENTORY DOWN, PRICES UP IN SWO NEW HOME MARKET

BEFORE YOU HIRE A DESIGNER… READ THESE IMPORTANT TIPS!

SUMMERLYN VILLAGE | GREAT GULF

01-Cover-NHG.indd 1 2017 Model Home Cal NHG_Cover.indd 1

INSIDE THIS ISSUE

IT IE S

spotlight on condos U INIU M COMM

N

6 WAYS TO REDUCE YOUR MORTGAGE COSTS

2017 MODEL HOME CALENDAR AN EXCLUSIVE COLLECTION OF THE MOST BEAUTIFUL NEW HOMES

UNDERSTANDING THE BASICS OF CONDO OWNERSHIP

BEFORE YOU HIRE A DESIGNER… READ THESE IMPORTANT TIPS!

本期內容

金雞獻瑞新年活動

2017 MODEL SUITE CALENDAR AN EXCLUSIVE COLLECTION OF THE MOST BEAUTIFUL CONDOS

RODEO SUITE | LANTERRA DEVELOPMENTS

11/15/16 10:12 AM 11/10/16 2:46 PM

2017 Model Home Cal TCG_Cover.indd 1

2016-11-15 2:43 PM

星巴克效應 尋找下一個社區𥚃𥚃𥚃𥚃𥚃𥚃𥚃𥚃𥚃𥚃𥚃𥚃𥚃𥚃𥚃𥚃𥚃𥚃𥚃𥚃𥚃𥚃𥚃𥚃

2017雞年風水

INDEX OF ADVERTISERS Bazis Inc. - No1 Yorkville

Biddington Homes - Vita On The Lake

Camrost - Felcorp - Blue Diamond at Imperial Plaza

Canadian Property Investor - Promo

Concord Adex - Seasons Condominiums

BC

1

67

14-15

Liberty Development Corp. - World on Yonge

26

Lindvest - Super Sonic

35

Mattamy Homes - Vita On The Lake

BC

Menkes Developments Inc. - 365 Church

Insert

Menkes Developments Inc. - 87 Peter

Insert

Cresford Development Corp. - CASA II

IBC

Menkes Developments Inc. - Fleur

Insert

Cresford Development Corp. - CASA III

IBC

Menkes Developments Inc. - Harbour Plaza

Insert

Menkes Developments Inc. - The Eglinton Yonge at Heart

Insert

Insert

Cresford Development Corp. - Corporate

88

Cresford Development Corp. - Halo Residences on Yonge

IBC

Pemberton Group - Indigo Condiminiums

Cresford Development Corp. - The Clover on Yonge

IBC

Pemberton Group - Sky City 2

Cresford Development Corp. - VOX

IBC

Pinnacle International - Pinnacle Etobicoke

16

5

Dream - Ivy Condos

31

Plaza - Corporate

ELAD Canada - The Peak Emerald City

23

Plaza - No1 Yorkville

Family of magazines - Promo

85

Plaza - Plaza Midtown

Fieldgate Urban - Heartwood the Beach

45

Silvercreek Communities - Model Suite of he Month promo

73

The Daniels Corporation - Corporate

13

Great Gulf - Home Power + Adelaide

86

3

9

19

3

18-19

Home + Style Studio Tour and Sale - Promo

72

The Daniels Corporation - Lighthouse Tower at Daniels Waterfront

Hyde Park - East Fiftyfive

55

The Sher Corporation - Ivy Condos

31

Lamb Development Corp. - East Fiftyfive

55

Treasure Hill Homes - Time

59

Lamb Development Corp. - Wellington House

52

Tridel Corporation - Via Bloor

IFC

Liberty Development Corp. - Legacy Park

26

Urban Capital - Harris Square

39

Liberty Development Corp. - Royal Gardens

26

What’s Online - Promo

87

Liberty Development Corp. - Wish Condos

27

YP Next Home - Promo

30

YPNEXTHOME.CA

Insert

What’s Online

Trending now The latest real estate news from across Canada

7 hot home trends to keep your eye on READ THE STORY ONLINE

Why you should invest near transit

nexthome.yp.ca/7-home-trends

READ THE STORY ONLINE nexthome.yp.ca/invest-transit

Moving day: horror story or happy ending?

READ THE STORY ONLINE nexthome.yp.ca/horrific-move

Are micro condos still #trending?

You bet they are!

Want more great articles like these delivered directly to your inbox?

SIGN UP FOR OUR NEWSLETTER

READ THE STORY ONLINE nexthome.yp.ca/micro-condos

Twitter @ypnexthome @ypnexthome_GTA

Facebook ypnexthome

nexthome.yp.ca/newsletter

Instagram ypnexthome

Pinterest ypnexthome

Visit our website: FEBRUARY 4 - 18, 2017 | NEW CONDO GUIDE 87