April 06 - 20, 2013 Volume 17 Issue 07
INSIDE THIS ISSUE
ECO-TRENDS IN CONDO DEVELOPMENT
HOW TO LIVE LARGE IN A SMALL SPACE
LEGAL RIGHTS OF CONDO OWNERS
GRAND OPENING
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editor’s note
So much to gain from
a little downsizing
Susan Legge
Editor-in-chief
Wall2Wall Media Susan.Legge@wall2wallmedia.com Follow me on Twitter at Twitter.com/SusanLegge
are there one too many empty rooms where you currently live? Perhaps you’re thinking what life would be like if you didn’t have to worry about chores such as gardening, raking and exteriors that need painting. There’s a lot to be gained in your lifestyle when you decide to do a little downsizing. Lifestyle opportunities abound in this issue, and you won’t have to sacrifice any of your current luxuries to get them. In fact, you may find you have more time to enjoy them than ever before! Owning a luxury suite in a new building certainly has its benefits. The fact that all of the fixtures and
appliances in your suite are brand new and all of the condominium’s common areas, landscaping and facilities are taken care of means less work for you and more time to enjoy it all. Buying a condominium is a serious decision, and a significant investment, so it is imperative that you do your homework and research the market so you can be confident that you’re getting the best builder and the most value for your money. New Condo Guide is an excellent resource to help narrow your search. Let us know what you think of this issue. We’d love to hear from you.
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It’s getting
easier to be green Canada is recognized as a leader when it comes to building green. And with developers, architects and suppliers embracing green practices, buying a condo is a truly eco-friendly decision. If you are looking to buy, you should familiarize yourself with the green building standards, certification programs and industry associations (See a full list at cmhc.ca):
janine druery
Editor
Wall2Wall Media Janine.Druery@wall2wallmedia.com Follow me on Twitter at Twitter.com/JanineDruery
BOMA BESt is a national program launched in 2005 by the Building Owners and Managers Association (BOMA) Canada to provide standards for the energy and environmental performance of existing buildings. Canada ENERGY STAR for New Homes
Under this certification program, homes can achieve Energy Star certification if they meet certain standards in the areas of insulation, windows, etc. EnerGuide Developed by Natural Resources Canada, this rating system gives consumers a standard, objective 002 new Condo Guide april 6 - 20, 2013
measurement of the energy performance of homes and other products. EQuilibrium Housing A CMHC initiative that brings private and public sectors together to develop homes that combine resource- and energy-efficient technologies with renewable energy technologies. Green Up Canada’s Building
Performance Program Run by the Canada Green Building Council, this helps building owners and operators understand, measure and compare performance of their building portfolio. LEED (and LEED Canada) The U.S. version of the Leadership in Energy and Environmental Design (LEED) Green Building Rating System has been in Canada since 2002. In 2004, the Canada Green Building Council launched LEED Canada.
With all of the programs and practices now in effect around the country, it’s easier than ever to be – and buy – green!
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* See sales representative for details. On select suites, limited time only. 7YPJLZ HUK ZWLJPĂ„ JH[PVUZ Z\IQLJ[ [V JOHUNL ^P[OV\[ UV[PJL , 6 , )YVRLYZ WYV[LJ[LK (SS PTHNLZ HYL HY[PZ[ JVUJLW[
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april 6 - 20, 2013 new Condo Guide 003
new condo guide
contributors
Vice-President, Wall2Wall Media
Jacqueline Hill Sales Manager
Conni Robinson Associate Publisher, SWO New Homes & Lifestyle Communities
Susan Maxwell Editor-in-Chief, National Real Estate
Susan Legge Art Director
Sarah Jang Editor
Janine Druery Lydia McNutt (on leave) BILD Report
Legally Speaking
style file
Bryan Tuckey
Jayson Schwarz
Yanic Simard
Bryan Tuckey is president and CEO of the Building Industry and Land Development Association (BILD) and can be found on Twitter (twitter.com/bildgta), Facebook (facebook.com/ bildgta), Youtube (youtube.com/bildgta) and BILD’s official online blog (bildblogs.ca).
Jayson Schwarz LL.M is a Toronto real estate lawyer and partner in the law firm Schwarz Law LLP. Visit the website at schwarzlaw.ca or email info@schwarzlaw.ca.
Yanic Simard is New Condo Guide’s design editor and the principal designer of the Toronto Interior Design Group, specializing in residential and commercial projects. Simard has created designs for clients in Toronto, Montreal and Miami, and appears as a regular guest expert on Citytv’s CityLine. Visit tidg.ca
Contributing Editors
Sara Duck, Wayne Karl, Elisa Krovblit, Design Editor
Yanic Simard Senior Account Executive
Dionne Fraser
dionne.fraser@wall2wallmedia.com
Senior Account Executive
Nina Downs
nina.downs@wall2wallmedia.com
Sales & Marketing Co-Ordinator
Terry Bassett Administrative Assistant
Antoinette Jackson Production Manager
Bala Gnanapandithan Production Co-Ordinator
Sandra Hanak-Vujnovic Graphic Designers
Caroline Wassef Sandra Hanak-Vujnovic National Account Manager, Mediative
Howard Bogach
Condo pro
Barbara Lawlor
Paul Slizys
Howard Bogach is President and CEO of Tarion Warranty Corp. For more information about how Tarion helps new-home and condo buyers, visit tarion.com or find us on Facebook at facebook.com/ TarionWarrantyCorp.com/ TarionWarrantyCorp.
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.
Published By
on the move
tarion report
Dan Hopkins is chief operating officer at Two Men and a Truck Canada. For more information visit twomenandatruck.ca
Dan Hopkins
Wall2Wall Media is a Trademark of Yellow Pages Group Co. In Canada.
#500-401 The West Mall Etobicoke, On M9c 5j5 T 416.626.4200 F 416.784.5867
Call 416.626.4200 for advertising rates and information. Circulation Free distribution in select high-traffic street boxes, stores, banks, financial institutions and select condominium sales offices. Copyright 2013 All rights reserved by Wall2Wall Media. Reproduction in any form is prohibited. Contents of this publication are covered by copyright and offenders will be prosecuted under the law. Terms Advertisers, editorial content and new condo guide are not responsible for typographical errors, mistakes or misprints. All prices are correct as of press time and are subject to change without notice. E. & O. E. Editorial submissions from interested parties will be considered. Email to susan.legge@wall2wallmedia.com. The views and data expressed by columnists do not necessarily represent those of the publication. Advertising
money matters
Taxing Issues
quick tips
Gail Vaz-Oxlade is the host of Til Debt Do Us Part, author of Debt Free Forever and blogs daily at gailvazoxlade.com. Follow Gail on Twitter at twitter.com/GailVazOxlade
Henry Choo Chong is a certified general accountant. Henry sits on many committees and provides accounting and tax advice to individuals and businesses in the GTA. Email your tax questions to Taxing Issues at choochonghcga@yahoo.ca
Hellen Buttigieg, CPO, is a certified professional organizer, life coach, TV host and owner of We Organize U. Visit her website, WeOrganizeU.com, for a free e-Book on how to find more time, energy and inner peace. Contact Hellen at 905.829.2219 or info@WeOrganizeU.com
Gail Vaz-Oxlade
004 new Condo Guide april 6 - 20, 2013
Henry Choo Chong
Hellen Buttigieg
Please recycle this magazine! Wall2Wall Media participates in the Partners in Growth Reforestation Program through St. Joseph Communications. To date, Partners in Growth has planted over 2.5 million trees in parks, recreation and conservation areas, and other public spaces across Canada. Established in 1990, this program was started with Scouts Canada to help replenish the environment.
Direct subway access ECONDOS.CA
Condominium Residences at the northeast corner of Yonge & Eglinton Starting from the low $300’s Presentation Office located at 2300 Yonge Street, Lobby
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Exclusive Listing: Baker Real Estate Incorporated, Brokerage. Brokers Protected. Rendering is artist’s concept. Prices and specifications are subject to change without notice. E. & O.E.
416.243.8688 april 6 - 20, 2013 new Condo Guide 005
Live Life on Tomorrow’s Fast Lane. Make the Switch. Get Connected to The HUB.
006 new Condo Guide april 6 - 20, 2013
Prices, sizes & specifications are subject to change without notice. Rendering is artist’s concept. Exclusive listing brokerage: TFN Realty Inc. Brokers Protected. E.&O.E.
Kennedy
Don Mills
Eglinton
Eglinton West
Oakwood Ave.
Glenholme Ave.
Keele
Eglinton Ave. W. Dufferin St.
Mt. Dennis
Suites From the Low $200’s Register Now EmpireTheHub.com
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With its uptown edge, this new residential development by award-winning Empire Communities will play a key role in this Eg-West area’s entire renewal. With condo suites, new neighbourhood-friendly shops, services, and the Eglinton Crosstown LRT right at your front door, where else would you rather be? First in can take advantage of the good-value combination of a yet-to-be-discovered neighbourhood. Get connected to The HUB.
@EmpireTheHub /EmpireTheHub
007
COMING SOON NON TRANSPARENTHILL TO RICHMOND
TRANSPARENT
TRANSPARENT AN EXCITING NEWNON PHASE OF URBAN LIVING AT YONGE & HIGHWAY 7 SkyCity 2 continues the excitement of living in Richmond Hill’s finest master-planned community, with elegant suite designs and gorgeous amenities.
Inspired Condominium Living from the low $300’s
REGISTER AT SKYCITYCONDOS.COM OR CALL 905.709.5700 Exclusive Listing Brokerage Circle M Realty Corporation, Brokerage. Prices and specifications are subject to change without notice. Illustration is artist’s concept E.&O.E. 008 new Condo Guide april 6 - 20, 2013
COMING SOON CONDO LIVING WITH A DOWNTOWN VIBE INTRODUCING MISSISSAUGA’S EXCITING NEW MASTER PLANNED URBAN COMMUNITY, JUST STEPS TO THE VIBRANT ERIN MILLS TOWN CENTRE WITH OVER 180 SHOPS, DINING AND SERVICES. LIVE NEAR EXISTING PARKS, TRAILS, PUBLIC TRANSIT AND SCHOOLS. DOWNTOWN ERIN MILLS OFFERS A FINE COLLECTION OF URBAN CONDOMINIUM DESIGNS AND INSPIRED AMENITIES. SUITES FROM THE MID $200’s
REGISTER NOW DOWNTOWNERINMILLS.COM Exclusive Listing Brokerage Circle M Realty Corporation. Prices and specifications are subject to change without notice. Illustration is artist’s concept E.&O.E.
april 6 - 20, 2013 new Condo Guide 009
bild report
// By bryan tuckey
development charges explained
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 online blog (bildblogs.ca).
T
here’s been a lot of talk lately in the news and social media about development charges and what the funds are used for. This is a great opportunity to inform the dialogue because it’s a complex topic that needs some explanation. In 2012, construction began on more than 44,000 new homes across the GTA. Our industry estimates that more than $1 billion was paid in development charges across the GTA last year. It’s the land developers and home builders who front the cost and BILD works with municipalities to keep these costs fair, reasonable and accountable. We are advocating for the future homebuyers of this great region, since these charges contribute to the overall cost of building a new home. BILD agrees with the principle that growth should pay for growth and it is important to understand that the people who come to live
010 new Condo Guide april 6 - 20, 2013
in this region will pay for the infrastructure they require to live here. Of all the government charges and fees related to the construction of new homes, development charges are the most significant and they are becoming a big part of the cost of a new home. They are imposed by local and regional municipalities, as well as GO Transit and education boards. Specific development charges rates vary across municipalities but the combined residential rates can range from $12,000 to over $63,000 per home. The over-arching legislation that exists to regulate the collection of these funds is the Province of Ontario’s Development Charge Act. The Act sets out a process for municipalities so that they can pass their own Development Charges By-laws. These by-laws are accompanied by a background study, which outlines the estimated amount, type and location of development within a municipality, and the related calculations of how the new development will affect municipal services like water, wastewater and roads. A development charges by-law can only be passed within one year of a background study’s completion and there are mandatory public meetings that must take place as the information is prepared by municipal staff. Once that occurs, a municipality can impose charges against land that is ready to be newly-developed or re-developed.
Of all the government charges and fees related to the construction of new homes, development charges are the most significant and they are becoming a big part of the cost of a new home. Provincial legislation also regulates how revenue from these charges can be used. The revenue pays for increased capital costs related to hard and soft services that come as a result of more people and businesses moving to the municipality. For example, the revenue could go toward the construction of new sewer and road systems that might not have been required before, but now with potential development in the area, there is an increased need for these municipal services. The revenue could also be put toward soft services like building municipal recreation centres and libraries. Critical infrastructure like water, wastewater and roads is integral to building vibrant, well-planned and well-designed complete communities where people can live, work and play. Hubs like community centres and libraries are also important to growing neighbourhoods. We all need and want these services, but we also have to keep the rates affordable so that the future generations of new homebuyers will one day be able to put them to good use.
Where British Elegance Meets 5-Star Service + + + + + THE ICONIC SUTTON PLACE HOTEL RE-ENVISIONED WITH BRITISH ELEGANCE & EXECUTIVE SERVICES. The historic Sutton Place Hotel at Bay & Wellesley, just steps to Bloor-Yorkville, will be re-envisioned as The Britt Condominiums with British inspired design and spectacular amenities. Along with its rich legacy and contemporary elegance, The Britt will offer its residents an unparalleled array of Executive Services delivered with superlative efficiency and style. 5-STAR EXCLUSIVE AMENITIES & SERVICES WITH THE BRITT VIP ACCESS CARD.
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Exclusive Listing Broker Milborne Real Estate Inc. Brokers Protected. Marketing Management by Anne Lambrou Living Visions Inc. Prices and specifications subject to change without notice. Illustrations are artist’s concept. E.&O.E.
011
table of contents
April 6 to April 20, 2013 volume 17 issue 07
20 epicurean
Live in the Kingsway for $999 per month
columns, news & features 002 Editor’s note Columnists
010 bild report Understanding the significance of development charges by bryan tuckey
026 legally speaking The rights and obligations of condo living (Part I) by jayson schwarz
030 Condo pro We can all applaud condo builders for taking the environment to heart by barbara lawlor
034 taxing issues Advice for selling a real estate investment property by henry choo chong
68 056 fundamentally speaking Canada’s housing affordability continued to improve in the fourth quarter of 2012 by wayne karl
082 Make Your Move How to make moving more comfortable for seniors by dan hopkins
100 Money matters Getting married? Treat your money like a company would, and turn a profit
In The News
060 industry insider 10 minutes with Peter Freed of Freed Developments
105 market study GTA residents want to live in a walkable and transit-accessible neighbourhood
066 décor With a little creativity, you can transform any space into the perfect kid-friendly retreat
condo snapshots
by gail vaz-oxlade
032 four seasons Urban contemporary luxury
134 quick tips Do you own your stuff – or does it own you?
064 studio on richmond In the sizzling entertainment district
by hellen buttigieg
140 scrumpdillyicious Molten Chocolate Lava Cake is the ultimate chocolate lover’s dessert by Leslie styles
Features
024 housing market Most Canadian homebuyers consider home ownership a good investment, says RBC
126 cloud9 Ikea model suite unveiled
by janine druery
068 style Designer Yanic Simard reveals how he lives large in a small space by sara duck
072 your home An insider’s guide to creating a stylish and functional nursery 086 buying a home Making a move? How to find your hot spot
122 decorating dilemmas Style suggestions for mastering the bath
by heather segreti
130 around the house Sharing a home workspace means compromise by kim carlton
136 hot topic A worry-free lifestyle: the benefits of condo living
42
by mimi ng
142 home décor Creating a small, yet stylish, bathroom
condo profiles
by evelyn eshun
special section: GOING GREEN
028 Tips to green your daily life
42
daniels corporation
058 Choose an energy-efficient home 098 A green trend in home décor
50
138 Go green or go home Homebuyers’ Help
016 buyer profile Discerning buyer finds Picasso checks all the boxes
74
One Park Place Residents will enjoy fantastic amenities, including a double-height, half-court gymnasium
50
mod developments
Massey Tower Dynamic condo is poised to collect industry accolades at the 33rd annual BILD Awards
033 finances Ways to give your finances a “spring cleaning” 052 financial advice The five worst money mistakes you can make
78
040 homebuyers’ help How do you know which new-home builder is right for you?
King Blue Attend the grand opening on April 6th – an “I Got Game” themed event, featuring hockey legend Wendel Clark
048 buyer profile Massey purchaser sees new home as inspirational
easton’s GROUP OF HOTELS
78 94
94
062 quick tips Ten tips for safe spring cleaning
empire communities
Eau du Soleil & Victory Empire celebrates 10 BILD Award nominations for its Victory and Eau du Soleil communities
088 condo watch 905 Previews, new releases and grand openings in the 905 area 096 entertaining Take the stress out of dinner party hosting with tips from Corbin Tomaszeski 106 smart shopper Exclusive discounts and deals for our readers 108 condo watch 416 Previews, new releases and grand openings in the 416 area 145 Condo Buyers’ Resource Section You love the home, see what you can afford 150 Index of advertisers
120
Gairloch Developments & Centrestone Urban Developments
120
383 Sorauren Setting a standard for boutique condo living in the dynamic Roncesvalles community
COMING THIS SPRING SUITES FROM THE LOW $200,000s or $1,489/MONTH
2GOOD 2MISS FINAL OPPORTUNITY TO OWN AT DANIELS’ LANDMARK NY TOWERS COMMUNITY Introducing NY2 CONDOMINIUMS - the exciting sequel to the highly successful NY Place Boutique Condominiums by Daniels. Edgy. Hip. Cool. And filled with fresh amenities! Already under construction, NY2 is just steps to the subway and minutes to shopping, dining and theatre. Best of all, Daniels is once again offering their bold new direction in homeownership with Toronto’s ONLY Rent-To-Own Program - part of your rent goes towards your down payment. Now that’s smart. NY2. 2 Good 2 Miss!
FINCH AVE E.
REGISTER NOW
N
416.221.3939
HWY 401
HWY 404
LESLIE ST
PREVIEW SALES CENTRE
REAN DR
N Y2CO ND OS .COM
YONGE ST
RENT-TO-OWN SEMINARS
BAYVIEW AVE
SHEPPARD AVE E.
FOR OUR UPCOMING
VISIT OUR PREVIEW SALES CENTRE 27 Rean Drive, Unit 10 Mon. - Thurs. 12pm - 6pm Sat., Sun. & Holidays 12pm - 5pm Fri. Closed
YORK MILLS RD
Exclusive Listing: CityLife Realty Ltd, Brokerage. Brokers Protected. *Daniels’ Rent-To-Own Program is only available on a select number of suites. Prices, specifications and programs are subject to change without notice. Illustrations are artist concept. 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 written permission of The Daniels Corporation, is strictly prohibited.
014 new Condo Guide april 6 - 20, 2013
It’s never been a better time to buy a Monarch home. Enjoy incredible buyer incentives at all of our communities and make your dreams of a new home come true today.
MONARCH COMMUNITIES.
MONARCH, CANADA’S OLDEST AND MOST EXPERIENCED BUILDER.
ETOBICOKE WATERFRONT
UNDER CONSTRUCTION
UNDER CONSTRUCTION
EXPERIENCE CENTRE:
EXPERIENCE CENTRE:
2167 Lake Shore Blvd. West, Etobicoke 416.495.3544
SCARBOROUGH CITY CENTRE
NOW OPEN
2167 Lake Shore Blvd. West, Etobicoke 416.495.3544
UNDER CONSTRUCTION
EXPERIENCE CENTRE: ETOBICOKE WATERFRONT
2167 Lake Shore Blvd. West, Etobicoke 416.495.3544
MARKHAM
UNDER CONSTRUCTION
By appointment only 416.495.3595
UNDER CONSTRUCTION EXPERIENCE CENTRE:
NORTH YORK
By appointment only 416.495.3548
DOWNTOWN TORONTO
NOW OPEN
EXPERIENCE CENTRE: KINGSWAY
2012 TARION AWARD OF EXCELLENCE FINALIST HIGH-RISE BUILDER OF THE YEAR LARGE VOLUME BUILDER OF THE YEAR
4195 Dundas St. West, Etobicoke Entrance on Prince Edward Dr. 416.495.3530
EXPERIENCE CENTRE HOURS: Mon. – Thurs. 12pm – 6pm, Weekends & Holidays 12pm – 5pm, Closed Fridays
Follow us on:
twitter@monarch_group
Like us on:
facebook/monarchcorp
MONARCHGROUP.NET Always home. MONARCHGROUP.NET Prices, specifications and promotions are subject to change without notice. Renderings are artist’s concept and images are for mood and impression only. *Extras noted above are as per plan and as specified by Vendor. Some restrictions may apply. E.&O.E. March 2013. 20822
256 Queen St. West, Toronto 416.495.3549
NOW UNDER CONSTRUCTION.
AN URBAN ICON. AN UNBELIEVABLE PRICE. Rising high above the urban fabric of chic Queen West, Picasso on Richmond is a thought provoking dedication to modern design. The iconic development places you steps from Toronto’s theatre and financial districts, and in the heart of the city’s most coveted shopping district. With Picasso on Richmond breaking ground, take full advantage of our under construction pricing before it’s too late.
A GREAT SELECTION OF SUITES STILL AVAILABLE! EXPERIENCE CENTRE: 256 Queen St. West Mon. – Thurs. 12pm – 6pm Weekends & Holidays 12pm – 5pm, Closed Fridays 416.495.3549 Queen St.
BUILDING LOCATION Valleyridge Dr.
Col. Williams Pkwy.
Hwy. 5 (Dundas)
Richmond St. W. PRESENTATION CENTRE
Richview Blvd. Upper Middle Rd.
Like us on:
facebook/monarchcorp Follow us on:
twitter@monarch_group
MONARCHGROUP.NET Always home. MONARCHGROUP.NET Prices, specifications and promotions are subject to change without notice. Renderings are artist’s concept and images are for mood and impression only. *Extras noted above are as per plan and as specified by Vendor. Some restrictions may apply. E.&O.E. March 2013. 20673
John St.
Peter St.
N
N
EXPERIENCE CENTRE
Bronte Rd.
DOWNTOWN TORONTO FROM THE $280,000’s NOW UNDER CONSTRUCTION
It’s never been a better time to buy a Monarch home. Enjoy incredible buyer incentives at all of our communities and make your dreams of a new home come true today.
DISCOVER ONE OF ETOBICOKE’S FINAL URBAN WATERFRONT SETTINGS. LAST CHANCE FOR PRE-CONSTRUCTION PRICING.
THREE DISTINCT FLOORPLANS. NO ADDED PREMIUMS. SELECT YOUR FLOOR AND SAVE.
$345,990* $ 299,990 * $ 299,990 *
600 SQ. FT. (1 BED + DEN) | FLOORS 4–16
551 SQ. FT. (1 BED) | FLOORS UP TO 40
552 SQ. FT. (1 BED) | FLOORS UP TO 40
RECEIVE $15,000 OFF WITH PURCHASE
RECEIVE $10,000 OFF WITH PURCHASE
RECEIVE $10,000 OFF WITH PURCHASE
EXPERIENCE CENTRE: 2167 LAKE SHORE BLVD. W. ETOBICOKE 416.495.3544
Like us on:
Follow us on:
facebook/monarchcorp
twitter @monarch_group
MONARCHGROUP.NET Prices, specifications and promotions are subject to change without notice. Renderings are artist’s concept and images are for mood and impression only. *Extras noted above are as per plan and as specified by Vendor. Some restrictions may apply. E.&O.E. 2013. 20822
COMING THIS SPRING Nestled on the edge of High Park - Toronto’s largest urban park and just steps from the quaint shops and fine dining of Bloor West Village, The Daniels Corporation is excited to introduce
WHERE MODERN URBAN MEETS MOTHER NATURE
The only new condominium within Toronto to offer innovative suites ranging from studio to two bedroom + den designs featuring superior finishes and unobstructed views of over 399 acres of vibrant parkland and beyond. Add to this 18,000 sq. ft. of indoor and outdoor private amenities, unlike any other in the city today, and you’ll quickly see that HighPark Condominiums is Where Modern Urban Meets Mother Nature.
SUITES FROM THE
$300,000s Register Today 416.351.1844 danielshighpark.com
Yes, this is the actual view from the 14th floor!
A Daniels / WJ Community Exclusive Listing: CityLife Realty Ltd. Brokerage. Brokers Protected. Illustrations are artists concepts. Prices and specifications are subject to change without notice. E.&O.E. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without prior written permission of The Daniels Corporation, is strictly prohibited. *Conditions apply. See Sales Representatives for full details.
buyer profile
Discerning buyer finds
PICASSO TICKS ALL THE BOXES Ask Shameer Khan what he likes
best about his new one-bedroomplus-den condo and he finds it a little difficult to narrow it down — everything he was looking for, he found at Picasso on Richmond, by Goldman Group and Monarch. “I was impressed by everything about it,” he says. “I wanted a good builder, distinctive design, great locations, and a fair price. I feel like I got it all!”
The interiors and finishes look very clean and elegant. I really liked the kitchen especially: it’s nicely laid out and I loved that the appliances were integrated. It’s all just looks like fine cabinetry.”
016 new Condo Guide april 6 - 20, 2013
“It started with Monarch,” he says. “My real estate guy told me about them, and I did a bunch of my own research. I just found them to be very credible. I felt very good about buying from them.” His opinion was validated, he says, by his buying experience. “Their customer service, their salesmanship, was excellent,” he says. “I thought they really knew what they were doing, and I never felt pressured to do something that made me uncomfortable.” Picasso on Richmond’s distinctive design is hard to ignore, and Khan says it, too, was a big selling feature. “The stacked cube design is phenomenal. There are a lot of buildings downtown, so it’s not easy to stand out. They’ve really pulled that off here.” Inside, it’s the sleek, contemporary look that grabbed him. “The interiors and finishes look very clean and elegant. I really liked the kitchen especially: it’s nicely laid out and I loved that the appliances were integrated. It’s all just looks like fine cabinetry.” Khan says it’s the 24/7 energy he finds so appealing about Picasso on Richmond’s Entertainment District location. “I think that neighbourhood really embodies the word ‘vibrant’,” he says. “It’s just very alive. Seems like there’s always something going on.” The right price ticked his last box, sealing the deal on his Picasso on Richmond purchase. “It was priced just right, for the location and the design, and I thought the space was very good too. I couldn’t be happier with the decision.” The Picasso on Richmond Experience Centre is located at 256 Queen Street West and is open Monday to Thursday noon to 6 p.m.; weekends noon to 5 p.m.; closed weekends and holidays. Ask about the time limited incentive of up to $30,000 off the purchase price. Suite types include studio to three bedroom designs. For hours and more information, call 416.495.3549 or visit monarchgroup.net
YONGE AT HEART RICH IN POSSIBILITIES LIVE AT YONGE + RICHMOND WITH ENDLESS VIEWS OF THE LAKE. REGISTER FOR PREVIEW VISIT YONGEANDRICH.COM
FROM $289,990 CONDOMINIUMS COMING SPRING 2013. Live at the centre of it all with everything you can imagine. Enjoy easy access to the subway, the PATH, the Eaton Centre, U of T and the Financial and Entertainment districts. Live with luxury amenities, expansive terraces and breathtaking views of the lake. Redefine world class living at Yonge + Rich.
REGISTER FOR PREVIEW AT YONGEANDRICH.COM | 416 492 7420
Illustrations are artist’s impression. Prices, sizes and specifications subject to change without notice. E.&O.E. Exclusive Listing: Baker Real Estate Incorporated, Brokerage, Brokers protected.
april 6 - 20, 2013 new Condo Guide 017
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EXCLUSIVE LISTING BROKERAGE BAKER REAL ESTATE INCORPORATED. BROKERS PROTECTED. *PRINCIPLE, CMHC PREMIUM, INTEREST AND TAXES INCLUDED. BASED ON A 1 YEAR TERM AMORTIZED OVER 25 YEARS AT 3.1%. PRICES,SIZES AND SPECIFICATIONS SUBJECT TO CHANGE WITHOUT NOTICE. SEE SALES REPRESENTATIVE FOR DETAILS. E. + O. E. ILLUSTRATION IS ARTIST’S IMPRESSION.
A MODERN DAY MASTERPIECE
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LIMITED SUITES AVAILABLE! - PRESTIGIOUS LIVING AT THE OLD MILL
- STUNNING VIEWS - METICULOUS SUITE DESIGNS - FROM THE LOW $500’S - OUTSTANDING AMENITIES TO OVER $1.7 MILLION
17’-3”
P.
- HEIRLOOM FINISHES
LAUNDRY
FROM ONLY 5% DEPOSIT LIVING
FOYER
CONSTRUCTION WELL UNDERWAY!
BATHROOM
POWDER
W.I.C.
SITE
JANE STREET
21’-4”
OLD MILL DRIVE
OCCUPANCY FALL 2013 NEW SALESD.CENTRE & MODEL SUITE OPENING MAY 2013 R ILL REGISTER D M NOW FOR YOUR INVITATION TO THE OPENING. OL OLD MILL INN BLOOR STREET WEST RIVERHOUSECONDOS.CA 416.766.7343
SITE
RD. ILL DM OL OLD MILL INN
W.I.C.
21’-0” SITTING AREA
BEDROOM 2
BLOOR STREET WEST
MASTER BEDROOM
10’-0”
JANE STREET
W.I.C.
OLD MILL DRIVE
ENSUITE
30 OLD MILL ROAD, TORONTO MONDAY - WEDNESDAY: 12PM - 6PM SAT & SUN: 12PM - 5PM CLOSED: THURS., FRI. AND HOLIDAYS RIVERHOUSE AT THE OLD MILL PRESENTATION CENTRE TEMPORARILY RELOCATED AT THE TREVISO PRESENTATION CENTRE LOCATED AT DUFFERIN ST & LAWRENCE AVE W.
12’-2”
12’-8”
Exclusive Broker Milborne Real Estate Inc. Brokers Protected. Prices and specifications subject to change without notice. Promotions may be changed and/or cancelled at any time without notice. Only 5% deposit is required for one bedroom suites. Only 10% deposit is required for 2 bedroom suites or larger. Balance to 20% not required until occupancy. 2-7TH Limited FLOOR time offer. Illustration is artist concept. E.+O.E. - 3B
2152 SF
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THE KINGSGROVE 3 BEDROOM | 2152 SQ.FT. april 6 - 20, 2013 new Condo Guide 019
cover story
Epicurean
A home in the Kingsway for $999 per month Epicurean by Monarch located in the Kingsway is just steps from fabulous shopping, local amenities and the Royal York Subway station. “There is a good reason why the Kingsway neighbourhood in Etobicoke is one of the most sought after communities,” says Mirella Sarrapochiello, Monarch’s director of sales and marketing high-rise. “It offers the near perfect lifestyle and is close to downtown Toronto.” With more time and money for shopping and less time spent commuting, Epicurean by Monarch is already a huge hit with value conscious buyers. For a limited time, homeowners can purchase a suite at Epicurean in the prestigious Kingsway community that will carry for as low as $999 per month, including principal and interest only. This is applicable to certain suites for qualified buyers at current interest rates for a three-year, closed
020 new Condo Guide april 6 - 20, 2013
mortgage. Buyers will love living in the exclusive Kingsway community without paying the “Kingsway” prices for homeownership. The suites are as impressive as the location with standard features including balconies or terraces with outdoor entertaining areas, open concept floorplans with a gourmet kitchen with European style cabinetry, granite countertops and a stainless steel appliance package.
Perks include a designer decorated special occasion party room that opens onto a private outdoor area. On warm summer evenings, residents will enjoy the outdoor barbecue facilities and the aroma from the organic herb garden. “The amazing finishes and affordable price points make it that much more appealing” adds Sarrapochiello. Epicurean brings a modern style to the corner of Prince Edward Drive and Dundas Street. The eight-storey boutique style condo, designed by Graziani & Corazza, offers everything sophisticated urbanites are looking for. Distinctly European, the building’s luxurious suites range from studio to two-bedroom and den starting from 430 sq. ft. to over 1,175 sq. ft. with prices in the $200s. Prices include an incentive package that combines quality, value and an exceptional lifestyle. The building is a haven for homebuyers with discerning tastes. Those looking for the ultimate in luxury living, without sacrificing the peaceful tranquility of the surroundings, will find all that and more at Epicurean. Epicurean is the newest addition to Monarch’s award-winning portfolio of condominiums with quality features and a level of detail that Monarch is known for for over 95 years. Perks include a designer decorated special occasion party room that opens onto a private outdoor area. On warm summer evenings, residents will enjoy the outdoor barbecue facilities and the aroma from the organic herb garden. Suite owners will love the Vintage Lounge, a chic wine tasting room that is ideal for hosting your own tasting events. The amenities are a perfect part of a homeowner’s everyday lifestyle for entertaining friends and family. Epicurean is hip on all counts, including offering one the best combinations of features, finishes and location. For more information, visit The Epicurean sales centre at 4195 Dundas
Street West (entrance is on the corner of Prince Edward Drive) or call 416.495.3530. Their 95 years of innovation and experience has taught Monarch that offering some of the most desirable locations and exceptional value are only part of the equation in being a reputable homebuilder. The most important part is the homeowner. That’s why they are continuously recognized by the industry for achieving the highest level of customer satisfaction. Thanks to their customers, they remain committed to building homes Inspired By You. For more information visit monarchgroup.net About the Company
Taylor Morrison is the largest privately-owned homebuilder based in the United States, as reported by Hanley Wood based on 2011 revenues. Headquartered in Scottsdale, Arizona, the company operates in the US under the Taylor Morrison and Darling Homes brands and in Canada under the Monarch brand. Taylor Morrison is a builder and developer of singlefamily detached and attached homes serving a wide array of customers from first-time buyers and move-up families to luxury and active adult customers. Taylor Morrison divisions operate in Arizona, California, Colorado, Florida and Texas. Darling Homes serves move-up families and luxury homebuyers in Texas. Monarch, Canada’s oldest homebuilder, builds homes for first-time buyers and move-up families in Toronto and Ottawa as well as highrise condominiums in Toronto. april 6 - 20, 2013 new Condo Guide 021
5
% DOWN
PAYMENT.
MOVE IN
SPRING 2013
*
Up to $8,000 cash back!*
One Sherway. Many Reasons.
Don’t miss out on this rare opportunity to live in an award-winning community. One Sherway is lifestyle living without the high-end price tag. Offering you a chance to loosen the purse strings and indulge in the amenities that surround you. With access to the TTC steps from your home and one of Canada’s most luxurious malls in your backyard, relish in the opportunity to experience life on a grander scale.
Come discover a Mike Niven designed living experience, priced starting from $272,990. Parking included.
The Queensway
QEW
y.
Expw
Evans Ave.
The East Mall
iner
Gard
Browns Line
Hwy 427
all est M The W
Sherway Gardens
Presentation Centre and Model Suite 225 Sherway Gardens Road, Suite 103, Etobicoke Across from Sherway Gardens onesherway.com | 416-695-3535
*Limited time offer. Cash back amount to be credited on closing. An additional deposit of 5% to be paid at occupancy. Offer subject to change or withdrawal without notice. Please see sales representative for details. E.&.O.E. Illustrations and renderings are artist concept only. March 2013.
housing market
Most Canadian homebuyers
still consider home ownership a good investment In Ontario… While a majority of Ontarians (86 per cent) do not expect to buy a home in the next two years, almost as many (83 per cent) feel that a home or condo is a good investment. Given current housing prices and economic conditions, more than half of Ontarians (52 per cent) say it makes more sense to buy now, while 48 per cent prefer to wait until next year.
Four out of 10 Canadians planning to enter the housing market over the next two years will be first-time homebuyers, according to the 20th annual RBC Home Ownership Poll. The poll found that the majority of Canadians are taking a wait-and-see approach to home purchases, with 15 per cent likely to buy in the next two years, down from 27 per cent in 2012. “The more cautious mood this year is not surprising and is consistent with broader economic and industry forecasts. An unseasonably warm spring, low rates and anticipation of mortgage rule changes may have led many Canadians to move forward their home purchases in the first half of 2012,” says Sean Amato-Gauci, senior vice-president, Home Equity Financing, RBC. “Our findings suggest confidence in the housing market is still high and young Canadians are the bright spot as
they look to buy their first home and seek the advice to do it right.” A majority of Canadians (84 per cent) believe that a condo or house is a good investment. Just over half of Canadians think that now is the time to get into the housing market (52 per cent), while fewer Canadians believe house prices will be higher at this time next year (43 per cent, down from 47 per cent in 2012). More Canadians in 2013 feel that the current housing market is in balance (40 per cent, up from 36 per cent last year). The poll also found that Atlantic Canadians (91 per cent) and residents in Manitoba and Saskatchewan (89 per cent) are the least likely Canadians to purchase a house in the next two years, while British Columbians are the only region where a majority describe the current market as a buyer’s market.
What factors are sidelining buyers?
75%
Three-quarters (75 per cent) of Canadians feel that recent government changes to mortgage rules will impact or delay prospective homebuyers from getting into the market, but this may be more perception than reality. Amost six in 10 recent and prospective homebuyers say that a required minimum five per cent down payment (59 per cent) and a shortened mortgage amortization period to 25 years from 30 years (56 per cent) had little to no impact.
49% 46%
Given mixed sentiment in the Canadian housing market, the majority of Canadian homebuyers seek qualified advice in their home purchases. Seventy-six per cent 024 new Condo Guide april 6 - 20, 2013
Nearly half of Canadians (49 per cent) expect mortgage rates will be the same at this time next year. Consistent with consumer trends, almost half (46 per cent) of first-time homebuyers cite affordability as a top reason for not buying (47 per cent in 2012). Meanwhile, saving for a down payment (32 per cent, up from 18 per cent a year ago) and job security (28 per cent, up from 20 per cent a year ago) have taken on increased importance this year.
turn to their banker for mortgage advice and four in 10 (40 per cent) say a bank is their primary source of information for advice on financing a home purchase.
COMING SOON THE DAWN OF A NEW LANDMARK COMMUNITY
COMING SOON
DANIELS IS INTRODUCING A NEW LANDMARK COMMUNITY IN THE HEART OF ERIN MILLS Following the spectacular success of Daniels’ award-winning community in Mississauga’s City Centre, Daniels’ pioneering vision comes to downtown Erin Mills, with a new landmark master-planned condominium community. Built on quality, integrity and enriched with vibrant amenities, Daniels Erin Mills is set to become the newest “it” destination in the GTA – a place where residents live, work, shop, dine, play and call home.
Exclusive Listing: CityLife Realty Ltd. Brokerage. Brokers Protected. Illustrations are artist’s concept. Specifications are subject to change without notice. E.&.O.E. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without prior written permission of The Daniels Corporation, is strictly prohibited.
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april 6 - 20, 2013 new Condo Guide 025
legally speaking
// by jayson Schwarz
RIGHTS & OBLIGATIONS OF CONDO LIFE (Part I ) you hired when you purchased your condominium reviewed with you the things you needed to understand. The bylaws should provide that the condominium corporation has an obligation to deal with these kinds of issues: most do. This whole issue in the end comes back to the time of purchase. Make sure you retain a lawyer that understands condominiums and advises you of the things you need to know at the time of review of the agreement of purchase and sale (the offer) or when the status certificate is received. 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.
T
his article discusses the rights of a condominium owner who is faced with the horrible case of noise from above. What do I mean? There you are sleeping in your bed at 1:00 a.m. when the Flamenco dancer who lives upstairs commences to practice on her wooden floors. The rapid machine gun noises raise you like Lazarus from your bed. You get dressed, go upstairs and rap politely on the door. After a lengthy conversation with your neighbour you realize nothing is going to change and you are faced with the horrible future of sleepless nights, interrupted dinners and a home life that is a mess. What are your rights?
First, you need to go back and check to see what the bylaws of your condominium corporation provide. I hope that the lawyer 026 new Condo Guide april 6 - 20, 2013
Make sure you retain a lawyer that understands condominiums and advises you of the things you need to know at the time of review of the agreement of purchase and sale (the offer) or when the status certificate is received. What do I do?
The first thing to do is what you already did: you speak to the offensive occupant and then put your complaint in writing. Wait a reasonable time and then send a second letter, keeping copies of each. If you get no results the time has come to write to the condominium corporation and ask them to enforce the rules and make the noise stop. Generally, the condo has the full power to require the offensive unit holder making excessive noise to install carpet, cease and desist, change hours of dance, etc. Give the condo corporation a reasonable time to effect compliance and send another letter. If, after a number of attempts, the condominium corporation does not comply, it is time to seek a lawyer. Your lawyer will force the condominium corporation to enforce its bylaws. On January 18, 2013 the Supreme Court of Ontario decided this point. In the case of Dyke v. Metropolitan Toronto Corp. No. 972 [2013] O.J. No. 301 Mr. Justice E.M. Morgan dealt with such an issue. The facts in their simplest form were that a unit holder on the floor below was subjected to the unit occupant above running a dance studio on wooden floors. Justice Morgan found that the condominium corporation “breached its duty to ensure compliance with its own bylaws and rules.� Justice Morgan ordered the condominium corporation to take all reasonable steps to ensure compliance with its bylaws and rules. In other words: make the offending unit occupant comply. The condominium corporation was ordered to pay special damages in this case. The conclusion is this: you have a right to quiet enjoyment of your unit provided the bylaws or rules support your position.
�a �o�ce vita
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LIFE IS SWEETER AT TREVISO
ITALIAN INSPIRED LIVING FROM THE LOW $200’� TO OVER $500,000 Welcome to Italian inspired living complete with stunning landscaping, gorgeous amenities and luxurious suites.
EXCITING PROMOTIONS AND GREAT SELECTION OF SUITES STILL AVAILABLE SO HURRY IN!
TREVISOCONDOS.COM 416 787 8882 Exclusive Broker Milborne Real Estate Inc. Brokers Protected. Promotions may be changed and/or cancelled at any time WITHOUT NOTICE 0RICES AND SPECIĂž CATIONS ARE SUBJECT TO CHANGE without notice. Illustration is artist concept. E. & O.E.
PRESENTATION CENTRE IS LOCATED AT THE NORTHEAST CORNER OF DUFFERIN ST. & LAWRENCE AVE. MONDAY TO THURSDAY 12PM -6PM SATURDAY, SUNDAY 12PM - 5PM FRIDAY & HOLIDAYS CLOSED
april 6 - 20, 2013 new Condo Guide 027
going green
Tips to Green your daily life Our impact on the environment is growing and it’s
time for each of us to rethink our everyday actions |and what that means for our planet in so many ways. Try calculating your environmental footprint to assess your personal impact on the environment and see where you can make small changes to help better the planet. With the plethora of environmentally smart ideas and products on the market, going green can be easy. Do Shop locally. Visit your neighbourhood farmers’
market and support your community. Don’t Buy international fruit. The fuel used to transport and shipping the product can be wasteful and environmentally damaging. Do Buy a stainless steel water bottle. You can
refill it with water from your tap or from your water filter dispenser. Don’t Purchase bottled water. Bottles expend energy in the manufacturing process, transportation and distribution. There are also the costs of garbage pickup, recycling or taking waste to the landfill. Do Take public transport or start a carpool. Fewer
cars on the road mean less greenhouse gases and traffic congestion. You can take advantage of carpool lanes and shared fuel usage to save money and get to work faster.
028 new Condo Guide april 6 - 20, 2013
Don’t Forget to check your tires. According to Pollution Probe, “If every Canadian motorist had properly inflated tires, 375,000 tonnes of CO2 would be prevented from entering the atmosphere.” That’s because under–inflated tires create drag and reduce your car’s fuel efficiency. Do Learn about the small changes you can make
to help the environment. Try using P&G Future Friendly products such as Tide Coldwater – a product you know and trust, and that can help you reduce your energy use. Don’t Overuse your products. Many cleaning products are available in concentrated forms so that you can use less for the same results. Be sure to read product labels for recommended use. Do Recycle and compost. Be sure to check your
local municipal recycling guidelines because different cities may or may not recycle certain items. Don’t Buy Styrofoam products or overstuff your garbage can. Recycling and composting leftover food and paper products will help reduce garbage build-up, and ultimately the greenhouse gases emitted from landfills. More information on the simple steps you can take to save energy can be found online at futurefriendlybrands.ca. NC
029
condo pro
// by barbara lawlor
going green
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
J
ust a few years ago in the new-home building industry, the word “green” referred to a colour. Today, that word also represents a trend toward environmental responsibility and has become a key design element in condominiums. The green trend is good for both the environment and condo purchasers. In addition to addressing, at least in part, the energy crisis and other problems the planet is facing, the implementation of energyefficient and other sustainable features into condominiums saves suite owners money on utilities costs and creates healthier and more comfortable surroundings. We can applaud the builders for taking the environment to heart and paying a great deal of attention 030 new Condo Guide april 6 - 20, 2013
to green elements as they design and create new communities. In fact, we owe a debt of gratitude to the industry as a whole. Building codes, for example, have been changed to include more stringent standards in terms of energy efficiency. We have seen an increase in the number of thirdparty verification organizations through which builders can apply voluntarily for certification. These grading systems require builders to achieve specific criteria to earn certification. One example is Leadership in Energy and Environmental Design (LEED), which provides guidelines for architects, engineers and construction professionals in how to increase the efficiency in buildings and how to measure sustainability. In order to receive LEED certification, residential buildings have to be built and occupied. Green Globes is another example. This program sets out standards to be met including items such as individual suite metering of electricity and water, and a Heat Recovery Ventilator (HRV) to outperform conventional condominiums in sustainability and energy efficiency. It is also common today for condominiums to offer Energy Star appliances for added efficiency. And our innovative builders and developers are also adopting new techniques during the construction process that minimize waste through the reuse and recycling of materials wherever possible.
We can applaud the builders for taking the environment to heart and paying a great deal of attention to green elements as they design and create new communities. In today’s condos, you will find a variety of green elements, such as the green roof. These landscaped areas offer wonderful spots for residents to barbecue and dine outdoors amidst city and/or lake views. Some of these beautiful roof spaces contain receptacles for rainwater that is then reused for the building’s landscaping. On top of all of this, green roofs help to improve air quality and reduce direct energy use, among many other benefits. To reduce a condominium’s carbon footprint, builders are also including things like car share and bike storage facilities that help the environment by reducing the production of greenhouse gas emissions. Some are even including electric parking spaces to anticipate future needs. Yes, condominium developers are doing their part to help the environment. In addition, we all need to remember that each of us can help by reducing, reusing and recycling on a daily basis. Every step we take as individuals adds up toward building a better and more sustainable future.
april 6 - 20, 2013 new Condo Guide 031
condo snapshot
NEW MODEL SUITE AT
to-ceiling windows that offer tremendous views.” The second bedroom/ den in the model suite is equally as cosy, with the sofa, walls and drapery all in the same herringbone linen fabric. “The luxury is understated,” Gluckstein says. “This den can be an office or a guest room. We replaced the closet with a built-in that can serve as either an armoire or a place for office supplies to demonstrate the flexibility of the space.” In the master bedroom, the walls are Urban contemporary luxury is the perfect phrase to describe covered with fabric, as are the bed frame and everything Four Seasons Hotel and Private Residences Toronto headboard. “You can still hang art on the walls,” has to offer – and a tour of the spectacular model suite is the he explains, “but this adds depth, and combined ideal way to experience in person how this concept translates with ultra-luxurious bedding, another level of to everyday living for residents. Bay-Yorkville Developments sumptuousness. The master bath is highlighted Ltd. (a joint venture of Menkes Developments Ltd., Lifetime by matte lacquer vanities and a marble Developments and Alcion Ventures) enlisted Brian Gluckstein countertop – a timeless contemporary look.” of Gluckstein Design to create a model that transports visitors to Menkes Construction Ltd. built both a world of elegance and comfort. the Hotel and the Private Residences. The With the new five-star Four Seasons Hotel now open at the development is comprised of two towers northeast corner of Bay Street and Yorkville Avenue, the area is, designed by architectsAlliance and Page + in Brian Gluckstein’s words, “as urban as it gets.” He explains, “We Steele/IBI Group Architects, with landscaping appointed the model suite to appeal to the huge variety of buyers by Claude Cormier Architectes Paysagistes here, all of whom are seeking a restful oasis in the midst of the and NAK Design Group. The 55-storey West excitement, hustle and bustle of Bloor Street. We used a neutral Residence includes the new Four Seasons Hotel palette with subtle introductions of colour for a calming effect.” at the bottom, and 100 Private Residences above; The 1,485 square-foot Residence D model is a beautiful twoThe East Residence is a sleek 26-storey tower bedroom suite with two bathrooms and a powder room. with 110 suites that is joined to its sister building To make the most of this spacious open-concept suite, Gluckstein by an elevated pedestrian bridge. paid particular attention to balancing rich finishes with inviting Remaining suites range from 1,265 to 1,815 comfort. “When space flows like this, we use the same point of sq. ft., with prices beginning at $1.9 million. view in all the rooms for consistency. For example, the ebonycoloured hardwood anchors the light palette in the millwork and The Presentation Gallery is located at 50 furniture throughout. The kitchen is done in a soft grey with light Scollard Street. To book your private marble colours as an organic extension of the living/dining area. It appointment, call 416.775.7500, or for more all makes sense with the architecture of the building and the floor- information, visit yorkvilleresidences.com.
Four Seasons Hotel and Private Residences Toronto
032 new Condo Guide april 6 - 20, 2013
WHERE PETER MEETS KING.
WHERE DESIGN MEETS BEAUTY.
PREVIEW OPENING COMING THIS SPRING Mysterious. Flirtatious. Intoxicating. That’s the power of Noir. Located on Peter Street south of Adelaide, be one of the first to visit Noir’s illuminating Presentation Centre. A magnificent new condominium in downtown Toronto, Noir offers spectacular views of the city and Lake Ontario. Walking distance to the most fashionable restaurants, bars and cafes. Close to incredible shopping, the city’s major cultural attractions, Air Canada and the Rogers Centre. Own the night at Noir.
Register at menkes.com Exclusive Listing: Baker Real Estate Incorporated, Brokerage. Brokers protected.
Your life storey starts here.
The New Black. Presentation Centre Coming soon Peter & King, Toronto Register now at menkes.com
Coming Soon
Now Previewing
York & Harbour Toronto Register now at menkes.com
Church & Carlton Toronto Starting from the mid $200’s 416.591.7700
Now Open
Move In Now
Richmond & Spadina Toronto Starting from the mid $200’s 416.591.7700
Bay & Yorkville, Toronto Starting from $1.9 million yorkvilleresidences.com 416.775.7500
Under construction
Under construction
Under construction
Avenue & Davenport Toronto Starting from $381,990 416.323.0100
Evans & QEW, Etobicoke Starting from $272,990 onesherway.com 416.695.3535
Yonge & Park Home Ave. North York Starting from $384,990 416.730.9722
Prices and specifications are subject to change. E.&O.E. April 2013. 17804
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@MenkesLife
finances
Give your finances a
“spring cleaning” In the spirit of spring, BMO Bank of Montreal is encouraging Canadians to give their personal finances a thorough “cleaning.” “Spring is a time for renewal and preparing for the upcoming months,” says Su McVey, vice-president, BMO Bank of Montreal. “Now that the demands of the holidays are behind us and tax season will soon be coming to a close as well, Canadians should take the time and assess their current financial situation to ensure they’re still on track to meet their short- and long-term financial goals.”
BMO recommends Canadians review the following areas to tidy up their financial house this spring: ›› Review the household budget
Reviewing your budget on a regular basis will ensure that it coincides with your priorities and identifies possible areas to scale back. According to the BMO Psychology of Spending report, Canadians spend an average of $310 a month on items they want but do not need ,and believe they could save over two-thirds of this amount if they made an effort to limit their spending. ›› Reassess short- and long-term savings goals
While it’s important to stay on top of household expenses, it’s equally important to sustain your short- and longterm savings goals, such as contributing to a Registered 033 new Condo Guide april 6 - 20, 2013
Retirement Savings Plan (RRSP) or a Tax-Free Savings Account (TFSA). ›› Revisit overall debt repayment plan
Have another look at your debt repayment plan and, where possible, consolidate higher interest debt. By paying off higher interest debt with a single payment through a lower rate product, such as BMO’s personal line of credit, you can significantly reduce interest costs and pay down debt faster. For instance, some department store credit cards can have interest rates as high as 29 per cent. For every $1,000 in balance carried on your department store credit card, you could save up to $230 each year by using a line of credit instead (based on an interest rate of prime plus three per cent).
taxing issues
Selling a real estate
Henry Choo Chong, CGA, sits on many committees and provides accounting and tax services to individuals and businesses in the GTA. He can be reached at 416.485.5225. Questions to Taxing Issues can be emailed to choochonghcga@yahoo.ca
The opinions and views expressed herein are those of the author and not those of New Condo Guide. New Condo Guide does not necessarily endorse or encourage any specific tax strategies. Please consult a tax professional for advice specific to your particular situation.
Q
I purchased a rental investment property nine years ago. Every year I have filed the rental income on my tax return. This year I sold the property. In addition to my rental income, what tax implications will I have to report? Jared, Toronto
A
Hopefully, you made a profit! The real estate market has been healthy for the past several years and continues to be strong. Selling a real estate investment property will generate either a capital gain/ loss and/or a recapture of income/ terminal loss.
034 new Condo Guide april 6 - 20, 2013
// By henry choo chong
investment property
You will have a capital gain when the proceeds of the sale exceed the original cost of the property. A capital gain must be included in your personal tax return (if you own it personally) and is taxed on 50 per cent of the gains at your personal tax rate. A capital loss occurs when the cost is greater than your proceeds. The capital losses should be included on your personal return and applied against capital gains in that year. Any excess losses can be carried back three years, or carried forward indefinitely to reduce capital gains. In calculating the capital gain/loss, determining the adjusted cost of the property is an essential factor. The adjusted cost must include not just the purchase price but also other costs incurred that had to be capitalized. As well, the proceeds of disposition are all the cost, including the selling price and adjustments pertaining to the sale of the investment. In addition to the capital gains/losses, you may have a recapture of income. This occurs when you are taking Capital Cost allowance (depreciation) on the building, in any of the years that it was owned by you. The balance in this account is called the “undepreciated portion.� A recapture of income occurs when the lesser of the proceeds and the cost of the property is higher than the Undepreciated Capital Cost (UCC). The recapture of income is taxed in its entirety at your personal tax rate. Alternatively, a terminal loss occurs when the lesser of the proceeds and the cost of the property is less than the UCC. This terminal loss can be applied in the current year to reduce other income (such as salaries or business income). Any unused amounts can be carried back three years or carried forward. Good record keeping is essential to calculate the correct gains and/or losses.
REGISTER NOW – TOWER B –
COMING TO WESTON & HWY 7 IN VAUGHAN!
AN ENCORE PERFORMANCE AN ENCORE PERFORMANCE AN ENCORE PERFORMANCE AN ENCORE PERFORMANCE AN ENCORE PERFORMANCE LD SO % AN ENCORE PERFORMANCE 80 AN ENCORE PERFORMANCE AN ENCORE PERFORMANCE AN ENCORE PERFORMANCE
Announcing the second phase of Centro Square Condos, Vaughan’s BIGGEST success story! Don’t miss this fantastic opportunity to live in Vaughan’s hottest new master planned community at Weston & Highway 7, just steps to great shopping, dining, schools, parks, transit and more!
RESIDENTIAL | RETAIL | OFFICE REGISTER NOW | CENTROSQUARE.CA | 905-851-8877
HIGHWAY 407
HIGHWAY 400
WESTON RD. HIGHWAY 7
SALES OFFICE NOW OPEN: 7777 Weston Rd.
All illustrations are artist’s concept only. ©2013 Liberty Development Corporation. All rights reserved. Brokers Protected.
SALES OFFICE HOURS: Monday – Thursday 12 p.m. to 6 p.m. Weekends & Holidays 12 p.m. to 6 p.m. Friday Closed
STEELES AVE.
april 6 - 20, 2013 new Condo Guide 035
1 NAME. 1 CHOICE.
%
MORTGAGE* Live in a Liberty home from as low as /month!*
$650
036 new Condo Guide april 6 - 20, 2013
MOVE IN 2013!
YONGE ST.
Live at World On Yonge from
$750 /month!*
MON. - THURS. 12 P.M. TO 7 P.M. SAT., SUN. + HOLIDAYS 12 P.M. TO 6 P.M. CLOSED FRIDAYS
WorldOnYonge.ca 905-771-7010 RICHMOND HILL
Live at Royal Gardens from
$750 /month!*
MON. - WED. 12 P.M. TO 7 P.M. SAT., SUN. + HOLIDAYS 12 P.M. TO 6 P.M. THURS. + FRIDAY BY APPOINTMENT
RoyalGardensCondos.ca 905-889-9997
DANFORTH AVE.
Live at Terrace On Danforth from
$650 /month!*
BY APPOINTMENT ONLY
TerraceOnDanforth.ca 416-987-7575 | info@TerraceOnTheDanforth.ca
www.MyLibertyCondo.ca/1Mortgage *As per price list. Limited time offer. Offer based on a select number of units. Price, information and program subject to change without notice. For qualified buyers on approved credit. All renderings are artist’s concept. Prices, specifications and availability subject to change without notice. E&O.E. Brokers protected. See Sales Representative for details. april 6 - 20, 2013 new Condo Guide 037
038
039
homebuyers’ help
Choosing a new-home builder and making the right decision You’ve made your decision – You’re ready to buy a house, and you want
to purchase one that’s new. But with literally thousands of builders of all shapes and sizes to choose from, how do you know which new-home builder is right for you? Choosing the right builder can be just as important as choosing your new home. When you purchase a home, you also “buy” the company that will build it for you. Their experience, skills and commitment to customer service will play a key role in determining how satisfied you are with your house and with the home-buying experience. Canada Mortgage and Housing Corp. (CMHC) offers the following tips on how to find and select a new-home builder that will meet your needs and expectations: To begin your search, check the Homes section of your local newspaper to find out which companies are building in your area, the types of homes they offer and the prices you can expect to pay. (Editor’s note: Condo Guide is a great place to start!) Ask friends, family members and coworkers for names of reputable builders they have dealt with. You can also check the Web sites of the Building Industry and Land Development Association (BILD) or Tarion. When you visit a builder, ask how long they have been in business, how many homes or condos they build each year and what kind of background and experience they have. Make sure the builder belongs to an industry organization and has the licences and registrations required for your province. Ask for references, and contact them to find out if they are satisfied with the homes they bought and the service they received. Once you have narrowed down your list, visit the builders’ models. Go through each one in detail, carefully noting down what you like and what you don’t. Take your time, and if you feel you don’t know enough about construction, bring someone with you who does. Read through each builder’s website and other information materials to get a clearer picture of the company and what they have to offer. If possible, request a tour of a work site to look at a home or condo that is currently under construction. If you’re considering buying in a new development, go on a tour of the community or take a close look at the master plans. Ask yourself if this is the type of community where you could see yourself living or raising a family for years to come. Always bring a notebook or even a camera with you. Ask as many questions as you can think of, and write down the answers to review later.
040 new Condo Guide april 6 - 20, 2013
After all, you’re choosing the place your family will call “home” for the next five, 10 or perhaps many more years. Take your time, and make sure you make the choice that’s right for you. For more information or a free copy of the About Your House fact sheet, Selecting a New Home Builder, or for information on any other aspect of owning, maintaining or buying a home, visit the Web site at cmhc.ca or call CMHC at 1.800.668.2642. For more than 60 years, CMHC has been Canada’s national housing agency and a source of objective, reliable housing expertise.
*
Parliament St.
Berkeley St.
Gerrard St. E
Oak St. Cole St.
Arnold Ave.
Regent St.
Milan St.
Dundas St. E
Sackville St.
THE MOST POWERFUL HOMEOWNERSHIP PROGRAM IN CANADA!
ASK ABOUT
CALL OR VISIT TODAY!
416.955.0559
danielsoneparkplace.com
condo profile
The art of sport at
DANIELS ONE PARK PLACE CONDOMINIUMS
o
ne Park Place Condominiums, in Regent Park, has taken Toronto by storm. When The Daniels Corporation’s One Park Place residents move in to their new home, suite owners will have fantastic amenities under their roof, including a double-height half-court gymnasium. More than just a great spot for a friendly game of basketball, the gym will also be a gallery for inspired public art pieces where residents can leave their own mark. One wall will feature a large custom mural created from used footballs, basketballs, volleyballs and other sports balls donated by community residents. The balls will be cut and pixelated by colour to create a sports related image visual. Also on that wall, a massive stencilled paint-by-number visual. One Park Place residents interested in participating in this engaging art project will be assigned a number and will be responsible for painting their designated area of the mural. In the end their collaborative efforts will create a fantastic community art piece right within their home. This fabulously fun project came as a result of Daniels’ passion for community, the arts and innovation. The concept for this cool wall mural was created with a group called Public Displays of Affection (PDA). This organization facilitates sustainably minded, community-engaged design projects. By involving local residents in the design and creation of furnishings and art in their condominium through workshops, PDA empowers them to feel the pride of ownership in their environments and serves as a great community relationship building tool. The art for One Park Place 042 new Condo Guide april 6 - 20, 2013
will be completed over a series of three or four weekends after residents move into the condominium. It will be spearheaded by Daniels and PDA, who will lead the workshops and encourage homeowners to participate. “PDA’s passion for engaging people in projects that improve the community is very much in line with Daniels’ corporate philosophy,” says Martin Blake, Vice-President of The Daniels Corporation. “We jumped at the chance to work with PDA on this special project at One Park Place. We are excited about engaging with our homeowners in this experience that will get them directly involved in their new home and produce a piece of dynamic public art.” This level of community involvement is a familiar scenario in Regent Park, where Daniels commissioned a quilt entitled “Regent Park: A Love Poem” from the Regent Park Women and Families Quilting Group. The fabric narrative captures the essence of the rich past and shining future of Regent Park as seen through the eyes of its residents. The quilt is permanently on display in the lobby at Paintbox Condominiums and will be a source of inspiration for residents and visitors for generations to come. Paintbox Condominiums is also home to a variety of paintings, digital media-on-canvas pieces and photos created by local artists and obtained through an innovative art procurement project. “These creations come straight from the heart of the people who call Regent Park home” Blake says. Always in stride with arts and culture, Daniels is dedicated to incorporating public art in their new home communities wherever possible. Daniels has played a major role in shaping the Entertainment District with eclectic pieces from Canadian artists James Carl and Peter Powning at their film inspired condominiums – Festival Tower and Cinema Tower. In addition, Daniels has commissioned multiple public art pieces in Mississauga City Centre and Erin Mills.
Want to get in on the art? One Park Place is Daniels’ fourth and newest residence in the revitalization of Regent Park, which is one of the largest urban redevelopments in the world. The condominium is situated on the Urban Mews that connects many of the community’s amenities including Daniels Spectrum, Toronto’s newest arts and culture hub, Paintbox Bistro and an incredible six-acre park. The park will have everything from picnic areas, gardening plots, a greenhouse, a dedicated off-leash dog park and even a community oven. It will be a place to meet, unwind and enjoy the outdoors, just steps from home. Surrounding the park is the state-of-the-art Regional Aquatic Centre, which is open to the public and bustling with activity, and the newly renovated Nelson Mandela Park Public School. Now well under construction at Dundas and Sumach Streets, One Park Place, a 25-storey sophisticated glass-clad tower, is being built to the LEED Gold Certification Standard. The condominium will encompass approximately 45,000 sq. ft. of innovative indoor and outdoor amenities including the gymnasium, two squash courts, a fitness studio, indoor/outdoor yoga and Pilates studio, a party room, billiards room, lounges, an outdoor terraces with barbecues and dining facilities, and resident gardening plots on the fifth-floor outdoor terrace. The gardening plots are sure to be a hotbed of activity in the growing season. The Daniels Corporation has been a trailblazer in actively incorporating urban agriculture opportunities such as gardening plots, edible landscaping and
greenhouses into their new home communities across the GTA. Gardening invites residents to come together, establish a deeper sense of community and help residents feel connected to the earth in an interactive way. Suites at One Park Place will offer fantastic finishes including stainless steel appliances, laminate flooring throughout and spectacular kitchen and bathroom designs by award-winning interior designers Cecconi Simone. Prices at One Park Place start from the low $200s. In addition to a great location, incredible amenities and superior Daniels quality construction, purchasers will be able to take advantage of Daniels’ 5% Gradual Deposit Payment Plan. This fantastic program allows buyers to only pay $3,500 with the Agreement of Purchase and Sale, and then $1,000 each month until they reach five per cent of the purchase price! PLUS, Daniels will once again be offering their FIRST HOME BOOST Program - the most powerful homeownership program ever created! With BOOST, qualified buyers can increase their down payment from five to 15 per cent of the purchase price through an exclusive interest-free, payment-free loan. It’s the best homeownership opportunity in Canada today. The Daniels Corporation is one of Canada’s preeminent builder/developers and has earned a reputation for quality and integrity in all forms of residential construction. Daniels has built more than 23,000 homes and apartments in a wide range of award-winning communities across the Greater Toronto Area. Among its many initiatives, Daniels was chosen to partner with Toronto Community Housing to revitalize Regent Park – 69 acres in Toronto’s Downtown East. Committed to community, Daniels continually offers innovative programs that help people achieve homeownership, champion’s neighbourhood initiatives that enhance residents’ quality of life, and supports numerous charities and non-profit organizations. Don’t Wait - discover where the spirit of the city truly becomes ONE! For more information about One Park Place Condominiums register today at danielsoneparkplace.com or call 416.955.0559. Daniels One Park Place Presentation Centre is located at 500 Dundas Street East. Hours of Operation are Monday to Thursday 12 noon to 6 p.m., Saturday, Sunday and Holidays 12 noon to 5 p.m. and closed on Fridays. april 6 - 20, 2013 new Condo Guide 043
Remarkable design. Remarkable architecture. Spacious balconies. Exceptional amenities. Suite designs from 490 s.f. to 858 s.f. Welcome to Markham’s most elegant new condominium residence. Preview opening at the end of this month. Remarkable residences. Across from Mount Joy Go Station.
Starting from $199,990. Register today themarkcondos.ca / TheMarkCondos @TheMarkCondos
Prices, sizes and specifications subject to change without notice. E. & O.E. Illustration is artist’s impression. Exclusive listing brokerage: TFN Realty Inc. Brokers protected. Creative: la-ads.com
april 6 - 20, 2013 new Condo Guide 045
LARGE AND FABULOUS UNITS, NOW UNDER CONSTRUCTION.
Expansive Outdoor Space
BALCONY 175 SQ.FT.
Split Bedrooms for Maximum Privacy
Open Concept Living/Dining Area
MASTER BEDROOM 10' 6" x 14' 6"
BEDROOM 2 11' 0" x 10' 6"
GREAT ROOM 13' 0" (10' 5") x 22' 6" (including Kitchen)
Ample Kitchen Storage
PANTRY
Windowed Ensuite
ENSUITE
FOYER KITCHEN
Oversize Shower
*Actual size of unit is larger than seen here!
THIS IS THE BEST VALUE ON THE TTC, ANYWHERE IN TORONTO. STILL WITH AN AMAZING SELECTION OF SUITES, INCLUDING THIS BRIGHT 2 BEDROOM CORNER UNIT! Construction at The Station is well underway, offering an incredible selection of large, well-designed suites, unlike the mini-matchboxes offered by our competition. Not only can you get 2 and 3-bedroom units, generous dens, expansive living areas, and spacious balconies. You also get Terrence Lukas-designed interiors, oversize showers, windowed ensuites, stainless steel appliances, and eco-friendly laminate flooring throughout. Plus, enjoy fabulous amenities like The Studio Club, fitness centre and Urbanas, the city’s first indoor/outdoor party rooms, complete with heated barbeque terrace. Located directly on the subway, and minutes from Yorkdale, it’s convenience, quality, and value, in North York’s most exciting record-breaking development. FROM THE LOW $400’S
VISIT OUR SALES OFFICE TODAY! WILSON SUBWAY
HWY.401
YORKDALE MALL
TIPPETT RD
ALLEN
RD
WILSON AVE
HWY.401
YORKDALE SUBWAY
416.398.9777 THESTATIONCONDOS.COM
SA LES O FFI C E TIPPET T, JUST SOUTH OF WILSO N AVE. MO NDAY TO THURSDAY 12– 6 PM / SATURDAY + SUNDAY 12–5 PM Prices and specifications subject to change without notice. E. & O.E. Illustration is artist’s impression. Exclusive Listing Brokerage: The Condo Store Realty Inc., Brokerage. Brokers protected.
046 new Condo Guide april 6 - 20, 2013
CHAZ LIVING,BUILT AROUND YOUR LIFE .................. 592 S.F. ........................................... 28 S.F. 620 S.F.
BALCONY 5’6� x 5’2�
Floor-to-ceiling windows 07
09
06
10
08
LIVING 12’5� x 13’1�
05 11
03
02
Incredible East Views
Rogers Fibre Optic Internet 12 01
F
Euro style stainless steel appliances
15
Full Sized Living and Dining Area
MW
UNIT No. 3307 & 3507
BEDROOM 9’11� x 10’0� 07 06
Cecconi Simone designed kitchens
KITCHEN/DINING 9’0� x 13’1�
09 10
08
05 DW
11 03 12
02
01
Wide plank flooring
W/D
15
UNIT No. 2807 to 3207
BATH
DECO SUITE 07
09
1 BEDROOM + STUDY AND BALCONY 06
Spa inspired bathrooms STUDY/ OFFICE AREA 5’5� x 8’0�
10
08
05
11
TOTAL SQUARE FOOTAGE 03
12
02
01
FOYER
15
620 SQ FT
UNIT No. 1707 to 2107
07 06
09 10
08
05 11 03
02
12 01
15
INSPIRED YORKVILLE LIVING. SUITES FROM THE LOW $300’s TO $2.5 MILLION Location, luxury and value come together at CHAZ Yorkville! Enjoy luxurious amenities and features like Ăž BRE OPTIC INTERNET WIDE PLANK Ă&#x; OORING GRANITE COUNTERS %URO STYLE CABINETRY STAINLESS STEEL APPLIANCES AND MORE )NSPIRED AMENITIES INCLUDE A HOTEL STYLE LOBBY PRIVATE COURTYARD GARDEN WITH Ăž RESIDE LOUNGE THE #HAZ 3KY #LUB ON THE TH AND TH LEVELS WITH MAGNIĂž CENT VIEWS OF DOWNTOWN 4ORONTO AND MORE
UNIT No. 807 to 1607, 2207 to 2707
ASK US ABOUT OUR SKY RESIDENCES RELEASE
VISIT OUR SALES CENTRE Avenue Rd.
Dupont St. Yorkville Ave. Sales Centre
Bloor St. Yonge St.
Bay St.
Wellesley St.
45 Charles St. E.
WWW.CHAZYORKVILLE.COM 416.922.0045 SALES CENTRE LOCATED AT 101 YORKVILLE AVE. SITE LOCATED AT 45 CHARLES ST. EAST MON. – THURS.: 12PM – 6PM, FRI.: 2PM – 6PM, SAT.: 12PM – 8PM, SUN.: 12PM – 6PM, STATUTORY HOLIDAYS: CLOSED %XCLUSIVE ,ISTING "ROKERAGE "AKER 2EAL %STATE )NCORPORATED "ROKERS 0ROTECTED 3EE A SALES REPRESENTATIVE FOR MORE DETAILS 0RICES AND SPECIÞ CATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE )LLUSTRATION IS ARTISTmS CONCEPT % / %
april 6 - 20, 2013 new Condo Guide 047
buyer profile
Massey Purchaser
sees new home as inspirational Local Toronto artist Anna Razumovskaya sees her new home at Massey Tower as another way to express herself and her creativity. “I always say that my paintings are a reflection of myself, a reflection of the life and people surrounding me,” says Razumovskaya. “And that’s exactly what I am getting with my new home in Massey Tower.” Razumovskaya purchased a one-bedroom suite in the exciting new 60-storey tower that is already proving one of the most successful condominium projects of 2012. In addition to the downtown location and world-class amenities, Razumovskaya says she was drawn to the elegant historical component of Massey Tower. Designed by Hariri Pontarini Architects, Massey Tower will integrate the historically-designated 1905 Canadian Bank of Commerce Building at 197 Yonge Street. “As an artist, the historic component of the building is very appealing to me,” says Razumovskaya. “That combination of the historical and the contemporary, along with the special energy of downtown Toronto surrounding it, makes Massey Tower a place full of life and inspiration.” Located in the heart of the Theatre Block, steps from the Queen subway station and directly across the street from world-class shopping at The Eaton Centre, Massey Tower is at the centre of it all. The bustling Financial District is to the west, the historic St. Lawrence neighbourhood sits to the east and entertainment venues — including the Air Canada Centre, Yonge-Dundas Square and the Rogers Centre — are all a short walk away. Historic Massey Hall, the concert hall for which the tower is named, is located right next door. “Massey Tower brings together the best of everything,” says Gary Switzer, president and CEO of MOD Developments. “Its unique heritage components, stunning design and world-class amenities make Massey
048 new Condo Guide april 6 - 20, 2013
Tower unlike anything Toronto condo buyers have experienced downtown before.” Located on the ninth and tenth floors, Massey Tower’s amenities offer the ultimate in luxury, designed to make residents feel as though they live in a five-star hotel. Residents can enjoy a martini in Massey’s own cocktail lounge or gather with invited guests in the piano/dance room. For private functions, the expansive party area, which includes a bar/lounge, relaxation lounge and dining room, is equipped with a full kitchen. There is also a comprehensive fitness area that encompasses cardio, weights, kinesis and yoga studios, as well as his-and-hers change rooms and both sauna and steam rooms. The tenth floor opens out onto a spectacular roof garden designed by the celebrated landscape architects, Janet Rosenberg and Associates. This tranquil urban oasis will offer intimate seating areas set amidst lush greenery and playful water features. As for the suites, Massey Tower features a variety of designs to please every type of buyer, from compact, efficient junior onebedrooms of just under 400 sq. ft., up to expansive threebedroom designs of close to 1100 sq. ft. All suites at the Massey Tower feature sleek, quality finishes designed by the award-winning team at Cecconi Simone. To learn more about Massey Tower, visit the presentation centre at 197 Yonge Street, visit themasseytower. com or call 416.966.0197.
// PRE S
EN T ED
BY
: TION SOLU IN E R 2013 ACE A PL T. t the FIND OTLIGH me a P S ew ho , across n r THE u nd yo on Yonge in a ear, fi , e This y of the city ntre. Liv es e Ce ombin c t centr e Eaton a h t l y e h e t r w from porary je a 60-sto base. m with heritage , conte w e pa rban nd n er ato to every u or old a w o t n r s nt mode asy acces ever wa ust e ld sj Enjoy y you cou C station e rienc it T n T p e o x m e e w a , t s , e d lu , an t hom oor. P need our d menities a unge, y e outsid ducing a ocktail lo ur o c -in envy in-house oom. Visit r n . like a r, and rain tre today n ba juice tation Ce n Prese
" MASSEY TOWER, WIT H ITS EXCEL LEN T
LOC ATI ON AN D TOP NOT CH HA I PON TAR INI AR CHI TEC TUR E, HA S BEE N THERIRTAL K OF THE TOW N SIN CE ITS LA UNC H.�
BUZZBUZZHOME.COM
DON'T MISS THE SHOW EXCLUSIVE BROKER: MARKETVISION REAL ESTATE CORPORATION. BROKERS PROTECTED. PRICES AND SPECIFICATIONS SUBJECT TO CHANGE WITHOUT NOTICE. E. & O. E. ILLUSTRATION IS ARTIST’S IMPRESSION. CREATIVE: LA-ADS.COM
////////////////////////////////////////////////////////////////////////////// DUNDAS ST. YONGE ST.
FROM THE LOW $300’S 4(%-!33%94/7%2 #/- s
SHUTER ST. 197 YONGE STREET QUEEN ST.
PRESENTATION CENTRE & FURNISHED MODEL SUITE Location: 197 Yonge Street Hours: Mon–Thurs: 12–6, Fri: Closed, Sat–Sun: 12–5. april 6 - 20, 2013 new Condo Guide 049
condo profile
Massey Tower
continues its success
m
assey Tower has already been a runaway success with purchasers. Now, Toronto’s dynamic new condominium is poised to collect industry accolades as well at the 33rd Annual BILD Awards. “We are thrilled and humbled that Massey Tower has received an astonishing nine BILD nominations,” says Gary Switzer, President and CEO of MOD Developments. “We’ve always known that Massey Tower is a top notch project, but it’s gratifying to receive this kind of recognition from our industry colleagues.” Among the nominations, Massey Tower has been singled out for all the major awards such as High-Rise Community of the Year, High-Rise Project of the Year, Best High-Rise Building Design, Best Suite Design Under 750 Square Feet and Best Suite Design for a suite 750 to 1,500 Square Feet. Competition for the BILD Awards was fierce this year, with more than 1,000 entries vying to be among the top projects of 2012. BILD is the voice of the land development, home building and professional renovation industry in the Greater GTA. The organization represents more than 1,300 member companies. Designed by the renowned architectural firm Hariri Pontarini Architects, winners of
The building was described recently by the City of Toronto’s Design Review Committee as “a beautiful building with masterful architecture… and has the potential to become a landmark.” 050 new Condo Guide april 6 - 20, 2013
the coveted Governor General’s Medal for architectural excellence, the soaring Massey Tower will feature both retail and residential uses. The building was described recently by the City of Toronto’s Design Review Committee as “a beautiful building with masterful architecture… and has the potential to become a landmark.” The project has a unique heritage component also propels it above other downtown condo developments. The site that Massey Tower will occupy is home to the historically designated 1905 Canadian Bank of Commerce Building at 197 Yonge Street. MOD Developments will completely restore the four-storey portion of the bank, transforming it into Massey Tower’s elegant new lobby. For Massey Tower, location is also key to its success. The 60-storey, modern point-tower will be located in the heart of Toronto’s theatre block, occupying a marquee position on Yonge Street, steps to the Queen Street subway station and across from world famous shopping at The Eaton Centre. “When people talk about urban living, they’re talking about life at Massey Tower,” says Switzer. “There is nothing else like this location. It will give residents the energy and excitement
that come from living at the centre of everything.” With the bustling financial district to the west, the historic St. Lawrence neighbourhood to the east, and Ryerson University to the north, Massey Tower is truly at the centre of it all. Entertainment venues, including the Air Canada Centre, Yonge Dundas Square and the Rogers Centre are all nearby and, of course, the historic entertainment hub of Massey Hall, for which the tower is named, is right next door. MOD Developments has further contributed to the enhancement of the downtown Yonge neighborhood by donating a portion of Massey Tower’s land to their new neighbour, Massey Hall. That gift will enable Massey Hall to restore the interior of the 1894 concert hall, a national historic site, and add much-needed backstage facilities. Residents at Massey Tower will also enjoy amenities designed by the internationally renowned design firm Cecconi Simone, including a cocktail lounge, piano bar and party room complete with sleek dining area as well as a full floor of state-of-the-art gym facilities. Cecconi Simone’s transformation of the heritage bank into the Massey Tower presentation centre is also nominated for the Best Sales Office award, along with its design for Best Model Suite. The 33rd Annual BILD Awards will be handed out on Friday, April 26th at the Paramount Event Venue. To see for yourself what true downtown living looks like, visit the presentation centre and fully furnished model suite located at 197 Yonge Street. For information call 416.966.0197 or visit the website at: moddevelopments.com.
april 6 - 20, 2013 new Condo Guide 051
financial advice
The five worst
money mistakes The financial decisions you make today will determine your
future happiness.
Avoid these five common blunders: 1. Investing without advice
Seek the guidance of a good investment advisor. Websites like franklintempleton.ca can explain how to find one. 2. No budget, no plan
Live within your means and make paying down debt a priority. 3. Thinking short-term
Open a Registered Retirement Savings Plan (RRSP) account to save for your future. “Get advice and ensure you allocate your contributions according to your goals and risk tolerance,” said Don Reed, president and CEO of Franklin Templeton Investments Corp. 4. Not preparing for the worst
Purchase insurance to ensure the people who depend on you financially are taken care of. 5. Living paycheque to paycheque
Financially prepare for unforeseen events like unemployment, illness and death by having an emergency fund. NC
Open a Registered Retirement Savings Plan (RRSP) account to save for your future. “Get advice and ensure you allocate your contributions according to your goals and risk tolerance,” said Don Reed, president and CEO of Franklin Templeton Investments Corp. 052 new Condo Guide april 6 - 20, 2013
// LIVE AT THE INTERSECTION OF
CITY AND STYLE. //
// ...WHEN YOU LIVE AT FIVE, YOU LIVE THE REAL CITY LIFE. SHOP. EAT. DRINK. PARTY. WORK. ALL IN YOUR NEW PLAYGROUND, SOUTH OF CHIC, NORTH OF TRENDY, AND NOT FOR THE FAINT OF HEART. DISCOVER AN ELECTRIC NEIGHBOURHOOD FOR THE CITY-LOVER, 10,000 SQUARE FEET OF AMENITIES FOR THE LEISURE-LOVER, AND A DARING SKYSCRAPER ATOP A HERITAGE BASE FOR THE DESIGN-LOVER. IS FIVE THE BEST OF BOTH WORLDS? NO, IT’S THE BEST OF ALL WORLDS. VISIT US TODAY AND DISCOVER THEM ALL. //
NOW UNDER CONSTRUCTION. STARTING FROM THE MID $200’S
FIVECONDOS.COM 416.928.0555 PRESENTATION CENTRE LOCATED AT THE CORNER OF YONGE & ST. JOSEPH. MON–THURS 12–6PM SAT–SUN 12–5PM CLOSED FRIDAYS
A PROJECT DEVELOPED BY GRAYWOOD DEVELOPMENTS LTD. & MOD DEVELOPMENTS INC. EXCLUSIVE LISTING BROKERAGE BAKER REAL ESTATE INCORPORATED. BROKERS PROTECTED. PRICES AND SPECIFICATIONS SUBJECT TO CHANGE WITHOUT NOTICE. E. & O. E. ILLUSTRATION IS ARTIST’S IMPRESSION. CREATIVE: LA-ADS.COM
april 6 - 20, 2013 new Condo Guide 053
400 acre backyard. Designed to interact with the park and neighbourhood, this boutique residence features modern and playful interpretations of traditional exterior solutions, such as glass, brick and stone, while introducing warm wood textured elements. The High Park material palette echos the unique and timeless character of High Park and Bloor West Village. THE HIGH PARK : 1990 BLOOR STREET WEST AT PARKVIEW GARDENS RESIDENCES FROM THE $300’S. REGISTER FOR YOUR OPPORTUNITY.
TheHighPark.com FOR MORE INFORMATION, CALL 416.670.3699
RENDERING IS AN ARTIST’S IMPRESSION. SIZES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. E.&O.E.
PHOTOGRAPH OF GRENADIER POND IN HIGH PARK
NORTH DRIVE . QUADRANGLE ARCHITECTS . CECCONI SIMONE . JANET ROSENBERG+STUDIO
BROKERS PROTECTED.
fundamentally speaking
// by wayne karl
Homeownership
Affordability continues to improve
A Wayne Karl is an award-winning writer and editor with experience in real estate and business. In Fundamentally Speaking, Wayne explores the basics – such as economic fundamentals – you need to examine when buying property. He can be reached at wayne. karl@wall2wallmedia.com or follow him on Twitter at Twitter.com/WayneKarl
mid all the recent talk of weakening market conditions, growing levels of household debt and economic uncertainty, comes some good news courtesy of RBC Economics Research. Canada’s housing affordability continued to improve in the fourth quarter of 2012, thanks primarily to small declines in mortgage rates and home prices, which together lightened the financial load on homeowners. This according to RBC’s latest Housing Trends and Affordability report, and following similarly positive results from the third quarter of last year. However, there is also something of a cautionary note in RBC’s news. “Exceptionally low interest rates have been the key factor keeping home affordability from reaching dangerous levels in recent years,” says Craig Wright, senior vice-president and chief economist, RBC. “Residential property values are elevated in Canada and, for many households, ownership remains accessible only because of rock-bottom mortgage rates. It could be a different story if interest rates were to move swiftly and significantly higher.” The Bank of Canada again held its trend-setting bank rate at one per cent on March 6th. RBC anticipates the BoC will leave the rate unchanged through 2013 and gradually begin to increase it in early 2014. At the same time, the Canadian economy is expected to be on stronger footing, offsetting any negative effects that might materialize in the housing market from a slow and steady rise in interest rates, says RBC.
The cost of owning a home at market price represented slightly less of a pinch on household budgets in the fourth quarter. The way RBC’s affordability measures work is, the higher the measure, the more difficult it is to afford a home. For example, an affordability measure of 50 per cent means that home ownership costs, including mortgage payments, utilities and property taxes take up 50 per cent of a typical household’s pre-tax income. A decline in the measure represents an improvement in affordability. For the Ontario market, it became a little easier to own a home during the fourth quarter of 2012. RBC’s measures inched lower by 0.1 and 0.3 percentage points for detached bungalows and condominium apartments, respectively, while for two-storey homes rose marginally by 0.1 percentage points. Affordability for bungalows is at 42.9 per cent, for two-storeys 48.9 per cent and for condos 29 per cent. For the Toronto market, specifically, affordability improved in two of the three categories in the fourth quarter: 52.8 per cent for bungalows, down 0.4 per cent; and 33.1 per cent for standard condominiums, down 0.4 per cent. For standard two-storey homes, the measure rose 0.3 per cent to 62.2 per cent, meaning this category became slightly less affordable. 056 new Condo Guide april 6 - 20, 2013
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Exclusive Listing: CityLife Realty Ltd, Brokerage. Brokers Protected. *Daniels’ Rent-To-Own Program is only available on a select number of suites. Prices, specifications and programs are subject to change without notice. Illustrations are artist concept. 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 written permission of The Daniels Corporation, is strictly prohibited.
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Environmental responsibility is also part of life at Cinema Tower, which is being built to the LEED® Certification Standard. Cinema Tower will offer electrified parking spaces, a car-share program, bike storage and an all off master switch in each suite to help owners control electricity usage. In addition, homeowners will receive a FREE one-year BIXI Toronto bike membership upon closing!
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CINEMATOWER.COM 416.203.2020 Exclusive Listing: CityLife Realty Ltd, Brokerage. Brokers Protected. *Daniels’ Rent-To-Own Program is only available on a select number of suites. Specifications and programs are subject to change without notice. Illustrations are artist concept. 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 written permission of The Daniels Corporation, is strictly prohibited. april 6 - 20, 2013 new Condo Guide 057
going green
4 Affordability Buying expensive, custom-built homes used to be the only way to acquire an energyefficient home. Today, thanks to initiatives such as Leadership in Energy & Environmental Design (LEED), the EnerGuide rating system, R-2000 Standard and Energy Star for New Homes, consumers looking to achieve greater energy efficiency at home have a much wider array of energyefficient options to choose from.
Four reasons to choose an
energy-efficient new home 1 Energy savings Today, 17 per cent of all energy used in Canada goes toward running our homes. We consume a significant amount of energy for heating our homes in the winter and cooling them in the summer, and don’t forget about the energy we use to heat water used for bathing and cleaning. Imagine the savings on your energy bills if you choose an energy-efficient new home. 2 Better to live in Energy-efficient homes have fewer of those uncomfortable drafts and cold spots. Some homes have specially designed ventilation systems that bring fresh outdoor air in and send stale indoor air out. R-2000 certified homes, for example, are built using healthier building materials, such as low-VOC (volatile organic compounds) paints, flooring, and cabinets to further improve the indoor air quality. 3 Better for the environment Most of the energy we consume in Canada comes from fossil fuels. As a result, the energy we save in heating, cooling and powering our home will help reduce our environmental footprint. In addition, using energy-efficient light bulbs, low-flow showerheads, and water-conserving toilets will all contribute to a greener home. Many new energy-efficient homes are being built using insulation, drywall or wood trim manufactured using recycled materials. 058 new Condo Guide april 6 - 20, 2013
you are planning to buy a new If home in the coming months, spend some time on the NRCan website at newhomes.nrcan.gc.ca or call 1.800.O.Canada (1.800.622.6232) for more information on the various energy-efficiency programs that are available in Canada. NC
Today, thanks to initiatives such as Leadership in Energy & Environmental Design (LEED), the EnerGuide rating system, R-2000 Standard and Energy Star for New Homes, consumers looking to achieve greater energy efficiency at home have a much wider array of energy-efficient options to choose from.
Good design makes life better.
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059
industry insider
10 Minutes with ...
Peter Freed // by Janine Druery
Peter Freed’s loft-like office sits
ON this PAGE Pictured above
Peter Freed ON OPPOSITE PAGE Pictured left
Rendering of 155 Redpath Avenue
060 new Condo Guide april 6 - 20, 2013
atop the ultra-swank Thompson Toronto Hotel, in the middle of the city’s vibrant entertainment district. Here, the 44-year-old president of Freed Developments can gaze out of the huge windows of the boutique hotel/condo he helped build and survey his mini-kingdom: the King West neighbourhood. It’s where he works, where he builds, and where he used to live and play (before marriage and two little boys). “I love the mix of King Street – it’s a modern form, mixed-use neighbourhood,” says Freed. “It’s a great blend of bars, tenants, hotels. When you mix it in a pot you get a very dynamic neighbourhood with people from all over the world, of all ages.” Freed is an award-winning residential developer, whose company has made a big name for itself since it broke ground in 2003 on its first condo, 66 Portland. In just a decade, Freed has changed the face of King West with nine residential condos, including 550 Wellington and Seventy5 Portland But it all started in mid-town. Freed grew up in Forest Hill and as a young man dabbled in this and that: he went to McGill for a year, took some business courses at Ryerson and started up a small paper distribution company with a friend. Yet he wasn’t content; what he really wanted was to build houses. A friend’s father – a real estate developer – told him that to get into the business, he should start as a labourer. He did, and he hasn’t looked back. In 1995, Freed started up Freed
Development Corp. At first it was custom homes and cottages. He soon decided that he wanted to be more of a developer than a builder, so he bought his first site at Yonge and Sheppard and created the Dempsey Park townhouses. In 2003, he decided to dip his toe into the condo waters and he set his sights on King West, which was just starting to become trendy. “I always look at location first and product second,” says Freed. “I just love this neighbourhood.” He started with 66 Portland, kept on building and, to date, has created 3,000 units in the vicinity. And, from a company of one, Freed now employs more than 650 employees in an organization that is approaching $1 billion in development. Freed Developments is all about creating a way for people to live in a real community — near where they work and play — in a building that makes a design statement. The buildings are young, urban and sexy and are equipped with the hippest watering holes and the most stylish eateries. “Our specialty is mixed use, with a focus on design,” he says. “We built our brand and spent a lot of time working with talented designers and architects and we try to differentiate ourselves from the marketplace.” His projects are recognized for their emphasis on modern design and contemporary architecture – clean and open. He wants to avoid being “a commodity developer offering a basic product that looks like any other.” And while he adores King West’s vibe, Freed is branching out. Mr. King
Freed Developments is all about creating a way for people to live in a real community — near where they work and play — in a building that makes a design statement. Street is heading back to mid-town, not far from where he grew up and where he currently lives. He has two new highrise projects at Yonge and Eglinton which he is co-developing with partner CD Capital: the Art Shoppe site (which will feature 85,000 ft. of retail space) and 155 Redpath, which he is just launching. And he has no plans to stop there. “I love Toronto. It’s obviously evolving at a high speed in an exciting direction, and I am excited and proud to be a part of that and contributing in my own way.” It’s also a good place to be. “It’s a young city in many respects and a lot of neighbourhoods are becoming attractive to live in for the first time. So there are a lot of opportunities.” But it’s the city’s infrastructure gives him cause for concern. “Toronto’s infrastructure is pathetic relative to the size of the city,” he says. “It’s one of the top issues the city needs to address.” He envisions a speed rail from Pearson to Union Station, in addition to “more transit and more connections so the city can flow better. We have a lot of catching up to do. Hopefully, we’ll watch that unfold over the next decade.” And his own plans for the next decade – or two or three? “I want to continue to develop design- and lifestyle-focused buildings in great neighbourhoods, and continue to elevate design in the marketplace, and continue to have some fun for another 20 years,” says Freed. “At least until my two little boys can relieve me of my duties.”
SNAPSHOT
NAME OF DEVELOPER
Freed Developments KEY TEAM MEMBERS
Peter Freed MISSION
Freed Developments believes its business is about creating a way for people to live in a real community — close to where they work and play — in a building that makes a design statement. It’s about creating living spaces as unique as the people who inhabit them. TRACK RECORD
An award-winning residential development company, Freed Developments has made an indelible imprint on Toronto’s condo scene since its establishment in 2003. Since that time, Freed has changed the face of Toronto’s King West neighbourhood with the development of nine new residential condo sites. MARKET NICHE
Freed Developments projects are recognized for their emphasis on modern design and contemporary architecture. Living in a Freed Developments condominium connotes a sense of style and status. CURRENT PROJECTS
155 Redpath, Sixty Colborne, Thompson Residences, Fashion House, 500 Wellington West, Six50 King West, Muskoka Bay Club COMPLETED PROJECTS
455 Adelaide West, 20 Stewart, 66 Portland, Seventy5 Portland, 550 Wellington West WHY FREED?
Freed Developments believes that good design isn’t just better looking, it makes life better. AWARDS
Numerous accolades and industry awards, including: • 2011 Urban Design Awards – Award of Excellence - Private Building in Context for Thompson Hotel & Residences • 2010 Design Exchange Awards – CEO of the Year – Peter Freed • 2010 and 2012 Muskoka Bay Ranked 9th of Canada’s Top 100 Courses – ScoreGOLF Magazine • 2009 BILD Awards- Project of the Year – High-Rise – Fashion House april 6 - 20, 2013 new Condo Guide 061
quick tips
10 tips for
safe spring cleaning
As warmer weather and longer days set in, thoughts turn to
the promise of spring – and the responsibilities of spring cleaning. As you pull the mops, scrub brushes and buckets out of the closet this year, experts tell us to focus on the chores at hand and keep your physical safety top of mind.
Use nontoxic, environmentally friendly cleaning products whenever possible and always follow the safety guidelines on product labels, including wearing gloves or a mask when advised.
062 new Condo Guide april 6 - 20, 2013
“While it might not seem a particularly dangerous undertaking, spring cleaning can cause injuries to you or your loved ones,” says James Savage, executive vice president at Western Financial Group. “Slowing down to think about what you’re doing and make some commonsense adjustments can save you trips to the local emergency department.” Savage offers a checklist of spring cleaning safety measures: 01 Pace yourself. Accidents are much more likely to
happen when you are tired or rushing.
02 Be cautious when using a ladder or step stool. Always
stay at or below the highest safe standing level.
03 Warn everyone in the house when floors are wet. 04 Keep high-traffic areas, stairs and landings free of
clutter and cleaning equipment. 05 Don’t leave buckets of water (a drowning hazard) around the house, especially if you have small children or pets. 06 Use appropriate lifting technique when moving furniture or other heavy objects. Bend at the knees, lift with your legs and don’t twist as you lift. 07 When carrying loads up or down stairs, make sure you can see over the top of each load and that you have one hand free for the railing. 08 Use nontoxic, environmentally friendly cleaning products whenever possible and always follow the safety guidelines on product labels, including wearing gloves or a mask when advised. Be aware that combining products, such as ammonia and bleach, can create dangerous toxic fumes. 09 G o through your cabinets to dispose of unneeded products and to make sure that anything labeled as a poison or danger to children is locked up. 10 Remember that this is a great time to test your smoke alarms and carbon monoxide detectors and to replace their batteries. NC
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condo snapshot
Aspen Ridge
paves way for studio2 Now well under construction, Studio on Richmond
is Aspen Ridge’s condominium in Toronto’s sizzling Entertainment District. Suites are going so quickly that Aspen Ridge has removed the original sales office to make way for groundbreaking on the second phase of the community, Studio2. The new sales centre on Nelson Road, appointed by Mike Niven of Mike Niven Interior Design, is a funky sales environment that captures the modern flair that permeates the entire design. The Studio community will feature a unique element that will enhance the lifestyle of both residents and the general public. A full 8,000 sq. ft. of space will be available for use by OCAD University as an art gallery and restaurant. When the building is complete, a canvas created by OCADU’s assistant curator and students, along with Aspen Ridge representatives to commemorate the phase one groundbreaking, will be installed as a celebration of this connection to the arts. Even Studio’s exterior makes an artistic statement. Quadrangle Architects, whose principal architect, Les Klein, is among Canada’s finest, created a stunning design that introduces a modern energy in this heritage warehouse neighbourhood. Stacked rhombus-shaped forms topped by a green roof will contribute to this head-turning residence’s appeal. The artistry continues inside with elegant Mike Niven-appointed amenities including a nightclub-style bar, stylish party room and dining room with kitchen servery, media room, billiards room, lounge, terrace with barbecue, winter lounge, yoga room, cardio room, and weights room with floorto-ceiling mirrors and massive windows. Personal spaces include suite appointments such as Miele appliances, the choice of granite or CaesarStone countertops, a ceramic backsplash and Hansgrohe faucets; the choice of Torlys engineered wood floor or Torlys Smart Floor; nine-ft. ceilings; and a balcony or terrace (as per plan). And all of this can be yours in the Entertainment District, which is appropriately being 064 new Condo Guide april 6 - 20, 2013
referred to as Toronto’s New Yorkville. Studio and Studio2 are steps from Lake Ontario and a multitude of shops and stores, restaurants, lounges, galleries, museums, entertainment venues and subway stations You will still find a spectacular selection of suites available in both residences. In Studio, select from one-bedroom + den, two-bedroom + den and threebedroom designs in sizes from 642 to 1,294 sq. ft. priced from $388,990. In Studio2, choices include, one-bedroom, one-bedroom + den, two-bedroom, twobedroom and three-bedroom layouts in sizes from 544 to 1,357 sq. ft., priced from $364,990. The Studio community is designed and constructed by one of Ontario’s most successful and respected builders. Committed to providing quality luxury homes with exceptional customer service, award-winning Aspen Ridge and its group of companies have been leaders in Canadian Construction for over 50 years. In 2012, the Studio on Richmond community captured the highly coveted Building Industry and Land Development Association (BILD) People’s Choice Award, which recognizes the best in the Greater Toronto Area’s new construction projects. Visit the presentation centre at 25 Nelson Street, Monday to Thursday from noon to 6 p.m.; Saturday, Sunday and holidays from noon to 6 p.m.; Friday closed. Call 647-35ASPEN or check out studiocondos.ca.
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april 6 - 20, 2013 new Condo Guide 065
décor
How to create
the perfect kids room plenty of options for fun-size furniture available. Kids’ chairs and tables are great additions to help them comfortably colour, read books, do crafts and exercise their creativity – and there is no need to spend a fortune. Garage sales commonly offer kids’ furniture, which can easily be restored. Even if a find appears worn, a fresh coat of white paint and some bright chair cushions will instantly make it good-as-new for a fraction of the price. Let kids help choose the furniture, fabrics and colour to give them the feeling the space is their own and turn the restoration into a fun project. Dreamland bedding Making sure your little one has a
Nurseries and playrooms on television and in
magazines might have you thinking your child could use a more playful environment. Some of the more elaborate designs undoubtedly cost more time and money than you may want to spend, but don’t let that discourage you. Creating a space your kids can call their own doesn’t need to break the bank or require too much of your time. With a little creative thinking, you can transform any space into the perfect kid-friendly retreat.
Colour the walls Children are drawn to bright colours that stimulate their creativity. And, though you don’t want them taking matters into their own hands when it comes to wall art, there are other great ways to create a beautifully colourful environment. With Dutch Boy’s Crayola palette, a more fun and playful kids room is just a few paint strokes away. Featuring vibrant shades that match your kids’ crayons, this palette offers an easy way to bring life into your child’s hideaway. Whimsical colours like Inch Worm, Cream Soda, Little Princess and Tropical Rain Forest will instantly transform your child’s room into a fun-filled, lively space. You don’t need to stick with one shade, either. Paint an accent wall or even do custom designs or stripes. With a few hours and a little creativity, you can quickly and easily turn the kids room in your home into a magical, youthful escape. Fun-size furniture Adult-sized furniture can leave your child feeling like Goldilocks, so bring in some pint-sized pieces to make them believe the room is specially meant just for them. Even if your budget is tight, there are 066 new Condo Guide april 6 - 20, 2013
cozy, restful space to sleep is important, and balancing comfort with creativity is easier and less costly than you might think. There are endless bedroom options to suit every style and age, and letting children choose bedding or a quilt cover they love can make their bedtime routine go more smoothly. Matching pillows can help create a cohesive look, and fun cushions or bright body pillows can help kids sit comfortably on the floor with a book or game. Whether they choose polka dots, bright patterns, cartoon images or solid white, a new design that’s all their own will make bed and naptime something they may actually look forward to. Don’t worry about matching the bedding to other decoration in the room - dreams are fun and unpredictable, so let your child’s preference lead the way.
Storage Crayons, and teddy bears, and games, oh my! Storing all of your child’s precious belongings can be challenging, especially if the room is small. To avoid the “warzone” look, invest in a few storage options that will improve the look of your child’s room while teaching him to clean up after himself. Closed cabinets and clear tubs are great for storing stuffed animals, craft items and action figures, while open bookshelves work well for books, games and puzzles. Open cubby systems are also a good way to teach young children organization skills while keeping their favorite toys easily accessible. Colour-coded bins can help keep kids rooms bright and youthful while keeping their things off of the floor.
With a little time and minimal cost, you can help transform your child’s room into the perfect place to learn, dream and play for years to come. ARA
FROM STOCK MARKET TO ST. LAWRENCE MARKET 88 Scott’s ideal location within the St. Lawrence neighbourhood VU [OL LKNL VM [OL ÄUHUJPHS KPZ[YPJ[ THRL P[ HU VW[PTHS JOVPJL UV TH[[LY ^OH[ [OL [PTL VM KH` ;OPZ UL^ VMMLYPUN MYVT *VUJLY[ OHZ HSYLHK` JHW[\YLK [OL H[[LU[PVU VM KPZJLYUPUN I\`LYZ KLZWP[L THYRL[ JVUKP[PVUZ In addition to its central location, 88 Scott features intelligent suite KLZPNUZ Z[\UUPUN ]PL^Z HI\UKHU[ HTLUP[PLZ HUK Z\WLYI X\HSP[` ÄUPZOLZ [OYV\NOV\[ )\PS[ I` H^HYK ^PUUPUN *VUJLY[ [OL THU` ^OV OH]L JOVZLU :JV[[ KLÄUL P[ HZ H [PTLSLZZ IS\L JOPW PU]LZ[TLU[ *VTL HUK ZLL MVY `V\YZLSM
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KING
88 SCOTT BAY
Sales Centre & Display Suite 100 Yonge Street Open Weekdays (except Fridays) noon to 7pm Weekends 11am to 5pm
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SALES CENTRE
416.216.8588
photo: St. Lawrence Market - Seafront Fish Market
style
Cosy quarters Designer Yanic Simard reveals how he lives large in a small space // By Sara Duck // Photos by Brandon Barre
The old adage is true: good things do come in small
packages! Case in point, designer Yanic Simard’s impeccably decorated 640-sq.-ft. two-bedroom Victorian home in Toronto. While many people think bigger is better when it comes to owning real estate, Yanic saw the immediate potential in this cosy gem and set out to prove that he can live large in a small space. “Choosing a house with a good frame is key when wanting to design a space that feels bigger than it actually is,” says Simard. The quaint house he chose boasts large appeal with 10- and 11-ft. vaulted ceilings, eight-ft. doors and oversized baseboards, elements that helped kick-start his overall design inspiration. When it came to
establishing the flow of the house, Yanic’s eclectic style shines throughout the space with mid-century design elements mixed with antique, Art Deco and ’70s influences. A sophisticated colour palette of black, white and grey accented with hues of mossy green, brown and baby blue, and unexpected hits of gold and chrome creates a truly interesting dynamic. Of course, one of the biggest challenges when decorating and living in a smaller space is storage. Simard insists that storage throughout every room is essential to keeping a chic abode. So he came up with creative solutions to maximize space in his small quarters. Solutions such as a polished chrome armoire in the den/guest room, that works as a
TEXTILES throughout the home by Robert Allen. Visit robertallendesign.com DRAPES by Drapica. Visit drapica.com; SOFA BED by Re-Wrap Custom Upholstery. Visit rewrap.ca; CUSTOM LAMINATE FOLDING SCREEN by Abet Laminati. Visit abetlaminati.com
april 6 - 20, 2013 new Condo Guide 069
Get this bedroom look
03
for less! 01
02 04
01 Colette Queen Size Bed. $1,899. Visit crateandbarrel.ca 02 Chive Plush Pillow. $20. Visit pier1.com 03 Melodi Pendant Lamp. $10. Visit ikea.ca 04 Athena Rectangular Silver Mirror. $400. Visit bowring.com
stylish piece and can also accommodate a guest’s personal belongings. Hidden storage under the sofa in the living room, closet organizers in the bedroom, and a stainless steel cart in the bathroom all provide extra storage and diminish the look of clutter. Finally, to make his small space feel comfortable, luxurious and complete, Simard opted for a variety of interesting fabrics from linen and silk to velvet and chenille. These fabrics appear in different aspects around the home from curtains and pillows to furniture and rugs. While decorating a small space may seem like a daunting task, Simard claims, “A good and wellplanned furniture layout is key to a sophisticated environment.” So if you have a petite pad, get planning and you too can live large in a small space!
Yanic Simard Yanic is the design editor of New Condo Guide and principal designer of Toronto Interior Design Group, specializing in residential and commercial projects. Simard has created designs for clients in Toronto, Montreal and Miami, and appears as a regular guest expert on Citytv’s CityLine and the Toronto Star. Visit tidg.ca 070 new Condo Guide april 6 - 20, 2013
Celebrate 2015
WHEN THE WORLD COMES TO TORONTO!
BUY A DOWNTOWN CONDO WITH JUST
2015
$
down
With an easy payment plan
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FOR MORE INFORMATION PLEASE CALL ùõûĕûô÷ĕüúüû OR VISIT OUR PRESENTATION CENTRE
UNDER CONSTRUCTION. CONDOS FROM THE MID $200’S
CONDOMINIUMS þŗ $''ŗ /-
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*SPECIFIC QUALIFICATIONS DO APPLY. THIS IS A LIMITED TIME OFFER AND THERE ARE A LIMITED NUMBER OF SUITES AVAILABLE. SPECIAL CONDITIONS APPLY. PLEASE VISIT THE SALES CENTRE FOR DETAILS.
Canarydistrict.com/blog
Twitter.com/canarydistrict
Facebook.com/thecanarydistrict
april 6 - 20, 2013 new Condo Guide 071
your home
Moms seem instinctively to know the importance of
An insider’s guide to creating
a stylish & functional nursery
creating a special nursery space where they can bond, interact and love every moment with their baby. In fact, a survey from PlaytexBaby found that an overwhelming majority of moms (87 per cent) agree that it’s essential to put time into making the nursery a great space for their little one. Yet, often times creating a nursery can be daunting, as moms strive to ensure this space provides functionality, while also conveying a certain style. To help simplify the process, celebrity nursery designer and founder of Bratt Decor, Mary Bauer, provides expert tips to help moms get started. “Moms are spending so much time in the nursery each day, so they want to create a room that is fun and stylish, but also one that’s functional – and you can have both,” says Bauer. “By following a few simple tips when creating a nursery, moms can ensure that their journey is easy and enjoyable, and that they end up with the ideal nursery space for themselves and her babies.” continued on page 074…
072 new Condo Guide april 6 - 20, 2013
NOW UNDER CONSTRUCTION!
Fabulous condominium living at Yonge & Eglinton Celebrate the start of construction, with our NEW Ground Breaking incentives! Now’s the
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Craighurst
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1 bedroom + den
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The Craighurst 1 bedroom + den – 687 sq. ft.
BALCONY
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11
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N
13
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3rd Floor Outdoor
Garden
10
16
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07
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Sales Centre: Enter at 2345 Yonge St.
beside Shoppers Drug Mart (S) Mon-Thurs 12-7pm Sat-Sun 12-5pm Roehampton Ave.
Floor 3
09
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04
Yonge St
06
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08
Minto30Roe.com 416.915.3812 03
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Floors 4 & 6
Alternate balcony condition on 3rd and 5th floor. See Sales Representative.
*See sales representative for details on limited-time offer. Prices & specifications subject to change without notice. Furnishings not included. Illustration is artist’s impression. E. & O.E. ACTUAL USABLE FLOOR SPACE MAY VARY FROM THE STATED FLOOR AREA. SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. SOME FEATURES MAY VARY BY SUITE DESIGN. E. & O.E. - 010112
april 6 - 20, 2013 new Condo Guide 073
décor
continued…
Bauer’s tips include:
Make the most of your room size If you have a small space, avoid using small-scale furniture. Instead, use a few normal-sized pieces, and choose furniture that can do double duty – like a changer that’s a dresser, or an ottoman with a storage compartment. Using soft, cool tones will also make your room feel larger. Create a convenient changing space Ensure that your changing table is well-stocked with baby wipes, diapers and an extra set of clothes right at your fingertips, so you never have a reason to leave your baby unattended. Position your diaper pail right next to the changing table and choose a pail that makes the whole process as easy as possible. The Diaper Genie II Elite Pail offers a convenient foot pedal, allowing you to hold your child and dispose of a diaper at the same time. Make it personal Adding personality doesn’t have to be super expensive – create your own personal touches in your nursery to make it meaningful to you. Include vintage photographs, your baby’s silver cup, framed family heirloom christening gowns, or anything else that means a lot. This gives heritage to a brand new space, and makes it all your own. Secure your sleep haven Whatever your budget is, don’t scrimp on the crib – it’s the place where your baby spends the most time without you and should be a safe and comfortable space. Check out the crib buying guide,
074 new Condo Guide april 6 - 20, 2013
safety reports and recalls through the Health Canada website – hc-sc. gc.ca – before making your purchase. Many models have been recalled in the last few years. It’s best to buy new, but if you’re being given a crib, make sure to check that it meets today’s safety standards and hasn’t been recalled. Create a timeless feel No one wants to redo their rooms every year with the changing trends. Keep furnishings – which are the big ticket items – timeless in design, and add trends with more affordable accent items like bedding and paint. For more tips and information, visit PlaytexBaby.com. ARA
OCC
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NCY
201
4
BUY NOW! 10% DOWN! Now Under Construction
A Boutique Condominium in the historic St. Lawrence Market neighbourhood From the mid
$300’s
ST. LAWRENCE MARKET NEIGHBOURHOOD RICHMOND ST. E.
SITE ADELAIDE ST. E.
FRONT ST. E.
SHERBOURNE ST.
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posthousecondos.com 416-964-2777
Monday - Thursday 12 pm - 6 pm Closed Fridays Saturday, Sunday & Holidays 12 pm - 5 pm
Sales Centre located at 317 Adelaide St. East Rendering is artist’s concept. Prices and specifications are subject to change without notice. E. & O. E. *10% depost for a limited time only. See sales representative for more details.
075
easton’s Group has been featured as “model suite of the month” in the new condo guide model suite calendar
Model Suite Compliments of Easton’s Group www.kingbluecondos.com
The stunning “Madeline” two-bedroom-plus-den model suite is showcased in the King Blue Condominium Presentation Centre, located at 355 King St. W., Toronto.
april2013
SATURDAY APRIL 6TH FROM 12-5 PM
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KINGBLUECONDOS.COM | 416.599.1355
FRONT ST W
ADELAIDE ST W
KING BLUE PRESENTATION CENTRE 355 KING STREET WEST
KING ST W
MERCER
JOHN ST
WELLINGTON ST W
Exclusive Listing: Baker Real Estate Incorporated Brokerage. Brokers Protected. 7YPJLZ HUK ZWLJPÄ JH[PVUZ HYL Z\IQLJ[ [V JOHUNL ^P[OV\[ UV[PJL 0SS\Z[YH[PVU PZ HY[PZ[ JVUJLW[ , 6 ,
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april 6 - 20, 2013 new Condo Guide 077
condo profile
Hockey Star Wendel Clark Celebrates
King Blue’s Grand Opening
k
ing Blue Condos knows how to throw a party. Its spectacular VIP launch in October featured a fashion show with a new, hip couture line called Maya, designed by Reetu Gupta, stylish cigar girls, Flair bartenders, circus acrobats and even a pair of fire eaters. On Saturday, April 6th from 12-5 p.m., King Blue will launch its grand opening with an exciting “I Got Game” themed event, featuring attendance by hockey legend Wendel Clark. This Canadian hockey hero will make an appearance between 1:00-3:30 p.m. Don’t miss your chance to take a personal photo
078 new Condo Guide april 6 - 20, 2013
with him and get your very own King Blue hockey puck signed by the legend himself! In addition to this once-in-a-lifetime opportunity, visitors have the chance to capitalize on the incredible limited-time incentives that King Blue is offering. Now is the time to take advantage of generous
King Blue Condos is more than just a home – it’s a total lifestyle package.
cash-back offers, including $5,000 for a studio purchase, $7,500 for a one-bedroom (plus den) unit and $12,000 for a two-bedroom (plus den) unit. King Blue Condos are located at Centre Ice – King Street West and Blue Jays Way, in the heart of the Entertainment District. Prices begin in the mid-$200s. King Blue has been deemed the King of the Entertainment District – and with good reason. What makes this latest development from Easton’s Group of Hotels unique is the premium fixtures and finishes it offers customers. At King Blue Condos, luxury is in the little details, and literally every suite comes with standard finishes that would normally be offered as upgrades for additional costs. Head visionary and award-winning designer Alessandro Munge of Munge Leung created classic, cozy and sexy interiors with top-of-the-line materials. Engineered oak hardwood floors radiate elegance, while floor-to-ceiling windows surround the living and dining room areas that showcase Toronto’s urban skyscape.
Open-concept, gourmet kitchens immediately impress buyers with their polished granite countertops, multi-purpose islands, built-in stainless steel, top quality European appliances, and modern light fixtures that inspire your inner chef. Your choice of laminate wood cabinetry and glass uppers completes the seamless contemporary impression of this first-rate kitchen – the perfect place to host parties and entertain family and friends. You’ll truly feel pampered when entering your very own master ensuite spa bathroom, elegantly accented with honed marble floors and polished marble shower tiles throughout. Sophisticated, top-quality hardware reinforces an urban aesthetic. Marble countertops and backsplash marry beauty and function in this exquisitely designed space. Each spa bathroom also features a unique vanity mirror and accompanying contemporary light fixture. King Blue Condos is more than just a home – it’s a total lifestyle package. Yoga aficionados will appreciate the speciallydesigned yoga room, while fitness buffs will love the top-of-the-line gym and sixth-floor pool deck with surrounding city views. With the expansive 13,000 to 35,000 sq. ft. of retail space on the ground and second floors, and the incredible 5,800-sq.-ft. patio with rooftop bar and lounge located on the ninth floor, your guests may never want to leave – and they don’t have to. King Blue’s convenient and chic guest suites give your friends and family the comfort of a home away from home – whether they are staying an extra night – or an entire week. You will also appreciate the ultraconvenient porte-cochère connecting the two towers, making pick-ups and drop-offs at King Blue a cinch. Be a part of the excitement at this fabulous one-of-a-kind grand opening event. Shake Wendel Clark’s hand and peruse the gorgeous model suite at King Blue’s innovative presentation centre at 355 King St. West. The puck stops here. Come celebrate in style this Saturday, April 6th from 12-5 p.m. Guests can RSVP at kingbluecondos.com. april 6 - 20, 2013 new Condo Guide 079
All amenities are included in the price of entry including bar service after 11:00 a.m. (Toronto, Vancouver) and 10:00 a.m. (Edmonton)
For online bookings go to www.plaza-network.com/booking/FlightInfo.aspx?ECONREF=W2W2013
king & bathurst the oneeleven condominium residences at king and bathurst are 60% sold! presentation gallery + model suite located at 111 bathurst (bathurst + adelaide). Prices start from the mid $200’s. don’t miss out on this amazing opportunity to live in king west. register today at oneeleven.ca or call 647 347 4111.
CONDOMINIUMS + LOFTS presentation gallery hours of operation monday to wednesday noon - 6pm thursday three - 8pm saturday & sunday noon - 5pm
the lobby at oneeleven
sophistication meets modern art, where a refined contemporary design enhances rich, inspired urban lifestyles.
Exclusive Listing Brokerage: Brad J Lamb Realty Inc. Brokers Protected. Rendering is an artist’s impression. Prices and specifications are subject to change without notice. E.&O.E. January 2012 081 new Condo Guide april 6 - 20, 2013
make your move
Make moving
// by dan hopkins
comfortable for seniors
M Dan Hopkins is Chief Operating Officer, Two Men and a Truck Canada. twomenandatruck.ca
oving an elderly loved one can be tough. No one wants to upset that person and everyone wants the move to go as smoothly as possible. This can seem like ‘mission impossible’. Census Canada data suggests Canadians approaching retirement age are now the fastest-growing demographic in Canada and experts predict 28 per cent of the population will reach retirement age within the next five years. The children and families of the ‘Baby Boomer’ generation (people born between 1946 and 1960) are already helping their loved ones move into downsized or elderly assistance accommodations and often are not emotionally prepared for the task at hand. Senior loved ones can be very set in their ways and often are not well-equipped to express their emotional frustrations in a constructive way as moving day draws closer. It all can seem like a daunting task. Over the years, we have packed and moved many seniors and the important thing is to stay organized, be patient, calm and respectful throughout the move process. If you are moving a senior loved one into a retirement facility or a condo, you should first contact the management to find out what they are allowed to bring in, appropriate moving hours and if they have any tips specific to their facility to help smooth the moving process. Remember:
Organize and Start packing several weeks in advance. If your
loved one is moving from a large home to a one bedroom condo, there will be more furniture than needed. Get a floor plan of the new space and help them plan the space with their favourite furnishings, then help them decide what to do with the extra furnishings. If the item is a family heirloom and can’t be accommodated in the new space, suggest giving it to a close family member like a favourite grandchild.
Sort before you pack. Seniors tend to collect things they don’t need or use. Be sensitive when suggesting to get rid of possessions. Ask if they use the item and if they would mind if you donated it to raise money for the Salvation Army, for example. Start packing early so you won’t be overwhelmed as moving day draws near. Pack and clean as you go. When helping sort and pack your
loved one’s belongings keep in mind that their eyesight and reduced mobility can prevent them from doing regular chores and can result in continued on page 84…
082 new Condo Guide april 6 - 20, 2013
april 6 - 20, 2013 new Condo Guide 083
make your move
continued…
poor housekeeping habits. Instead of commenting, offer to clean as you pack and try not to be judgmental. You’ll will need more time than you think. Allow enough time so
your loved one doesn’t feel rushed. Sorting through years of stuff is difficult and sometimes emotionally painful. Allow them time to say goodbye. If they take longer to clean out the desk drawer because they found a stack of pictures, let them take the time to walk down memory lane. This is a very important part of the process. Be patient and listen to their life stories; there will come a time you will be glad you did.
Make their new space feel familiar. Take pictures and colour samples of the inside of their current home. Try to decorate the new space and place objects in a similar way, so that their new space will feel like the old one. Be as detailed as you can from arranging the bedroom furniture to placing family pictures on the bureau. This will help make the new surroundings feel like home. Wrap small items in coloured paper. This prevents items like
knick-knacks from becoming lost or thrown out.
Label boxes on top and sides. Make sure to mark the top and sides
of boxes as they’re packed and write in large letters to make it easier for your loved one to read. Make sure to label boxes containing breakable or sentimental items as ‘fragile’.
Pack all electronic equipment in their original boxes.
Otherwise use low-static bubble wrap when packing these items. 084 new Condo Guide april 6 - 20, 2013
Always use packing paper.
When wrapping fine china and precious items, don’t use newsprint because the ink can bleed. Seal all boxes with packing tape. Sealing with packing tape
makes it easier to stack and protect belongings.
Use boxes designed for the items you are packing. Dish
packs for dishes and wardrobe boxes makes it easy for seniors to access their clothing on hangers.
Check clothing before donating. It’s a good idea to sort
unwanted clothing for donation prior to moving. Before donating any gently worn unwanted clothing, check pockets for valuables. Seniors often put small valuable items like jewelry or cash in the pockets of suit jackets or shoes and forget where they put it.
Sheppard
Life at Harmony Village Vibrant, Active, and Universally Designed for Today’s Boomer Generation
Comfort + Convenience + Support All In One Fabulous Residential Community.
More Than a Home, a Lifestyle Community! Starting From the Mid $200’s. Register Today. HarmonyVillage.ca
Spacious, suites with universal design features for everyday ease-of-use and peace of mind.
A 35,000 sq.ft. community centre, home to over 100 fitness and leisure programs, and services. Ongoing social outings at the facility include a restaurant for over 200, tea room and cappuccino bar. Casual eat-in or room service available. Sustainably built and designed for a LEED Gold standard for a healthier, cleaner environment, and friendly living. On-site Health and Wellness centre with physiotherapy services, medical doctors, and 24-hr emergency support available on site.
3260 Sheppard Avenue East Toronto
All prices, sizes and specifications are subject to change without notice. Rendering is artist’s impression. E. & O. E. Images are for mood and impression only.
buying a home
making a move?
How to find your hot spot Location is a critical factor.
A home that is everything you need but in the wrong location is probably not the right home for you. Canada Mortgage and Housing Corp. suggests some things to consider about location: ›› D o you want to live in a city, a town or in the countryside? ›› H ow easy will it be to get to where you work? How much will the commuting cost?
›› W here will your children go to school? How will they get there? ›› Do you need a safe walking area, or recreational facility, such as a park, nearby? ›› How close would you like to be to family and friends? ›› How important is sustainability to you? A “sustainable” neighbourhood is one that meets your needs while protecting the environment. Homes in a sustainable neighbourhood are located near shops, schools, recreation, work and other daily destinations. This helps reduce driving costs and lets residents enjoy the health benefits of walking and
A “sustainable” neighbourhood is one that meets your needs while protecting the environment. Homes in a sustainable neighbourhood are located near shops, schools, recreation, work and other daily destinations. 086 new Condo Guide april 6 - 20, 2013
cycling. Land and services, like roads, are used efficiently. Sustainable neighbourhoods also feature a choice of homes that are affordable. In your search for a sustainable neighbourhood, here are some questions to ask: Easy transportation ›› Are stores, schools, recreation facilities, restaurants, and health services within walking or cycling distance? ›› Will your children need to take a bus to school? Can they walk to the park? Can you do most of your shopping without a car? ›› Are there nearby bus stops and cycling lanes? How long is the bus ride to work or school? Can you safely ride your bike there? Look and feel ›› Do the buildings have a friendly face to the street? Are the community centres, shops and meeting places welcoming? ›› Are there trees lining the street? ›› Do you find the homes interesting to look at? ›› Do the building sizes feel comfortable to you? ›› Are the roads easy to walk along or cross?
›› A re stores, schools, recreation facilities, restaurants, and health services within walking or cycling distance? ›› D o the buildings have a friendly face to the street? Are the community centres, shops and meeting places welcoming? ›› D o the homes have “eyes on the street”? (In other words, are there people around who might watch out for you? Is there somewhere to go in an emergency?)
Safety ›› Do the homes have “eyes on the street”? (In other words, are there people around who might watch out for you? Is there somewhere to go in an emergency?) ›› Is there adequate street lighting? ›› Are there safe places for children to play? ›› Are the streets safe for cyclists and pedestrians? ›› Is traffic slow moving and light? As Canada’s national housing agency, CMHC draws on more than 65 years of experience to help Canadians access a variety of high-quality, environmentally sustainable and affordable homes. CMHC also provides reliable, impartial and up-todate housing market reports, analysis and knowledge to support and assist consumers and the housing industry in making informed decisions. For more information on buying home, visit cmhc.ca or call 1.800.668.2642.
april 6 - 20, 2013 new Condo Guide 087
condo watch
previews & registrations Centro Square by Liberty Development
A master-planned community in the heart of Woodbridge. Register now. Web: CentroSquare.ca
A master-planned urban community in Richmond Hill Web: SkyCityCondos.com
The Clairington by Castleridge Homes
Upper Village Markham by Greenpark
Active adult living in a parkside condominium in Brampton. Web: TheClairingtonCondos.com
Courtyards of Maple by Marino/Intercity/TriAxis
European-inspired condos coming soon to Maple. Register now to stay informed. Web: CourtyardsOfMaple.com
905 Builders: If you would like to include your preview registration, new release or site opening in this feature, just email the details to susan.legge@wall2wallmedia.com
Downtown Erin Mills by Pemberton Group
Coming soon to Erin Mills: condo living with a downtown vibe. Register now. Web: DowntownErinMills.com
Fairground Lofts by Wycliffe Homes
Urban lofts are coming to Woodbridge Village. Register now for preview. Web: FairgroundLofts.ca
Grand Palace by Guizzetti Corp.
Register now for the timeless art of living! Now under construction. Web: GrandPalace.ca
Limelight by Daniels Corp.
Coming soon: The final glorious chapter of Mississauga’s beaming success story. Web: LimelightCondos.com
Park City Condominiums By Tobyn Park Homes
Currently in pre-construction at Walkers Line and Upper Middle Road in Burlington. Register now. Web: ParkCityLiving.ca
Pinnacle Uptown by Pinnacle International
Construction has started on Mississauga’s live-work-play community. Register today. Web: PinnacleUptown.com
Rain Condominiums by Empire Communities
Coming soon to Oakville – the South Tower at Rain Condominiums. Register now. Web: RainCondos.com
088 new Condo Guide april 6 - 20, 2013
Skycity Condominiums by Pemberton Group
Now registering, UV2 – the North Tower. South Tower is already 90 per cent sold and under construction. Web: UV2.com
Windows on the Green by Vandyk Communities
A beautiful selection of condos coming soon to Mississauga on Erin Mills Parkway. Web: WindowsOnTheGreen.ca
new releases & grand openings Allegra by Nova Trimax
Affordable luxury, steps from the Village of Woodbridge. Construction started on Phase 1. Web: AllegraCondos.com
Garden Court Condos by Monarch
Now open in Markham. Visit the Experience Centre at 10350 Woodbine Ave. Web: MonarchGroup.net
PSV2 & Parkside Village Townhomes by Amacon Developments
Offering the convenience of downtown living with the tranquility of a suburban context. Grand opening. Web: LifeAtParkside.com
GTA Edition Apr 6 - 20, 2013
Your complete source for condos, lofts and townhomes in the 905 region
IN THIS SECTION Maps and listings for new condo communities in the 905 region Builder news and the latest in condos in the 905
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905 regionalmaps: Burlington, Brampton, Mississauga, Oakville, Further West, Further North
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* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
Ki
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23
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2
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Builder
Site
Telephone
17 Pemberton Group
Downtown Erin Mills Condominiums
30 Pinnacle International
TH* C*
Price Range
Page
Finder
PembertonGroup.com
•
from $250,000
8
6C
Pinnacle Grand Park 2
905-276-3981
•
from $250,000
97
20L
34 Pinnacle International
Pinnacle Uptown, Crystal 2
905-568-9000
•
from $250,000
99
19K
45 Empire Communities
Rain Condominiums
raincondos.com
•
from $260,000
93
17Q
47 The Daniels Corporation
Erin Mills
905-306-6996
•
25
17M
•
from $250,000
16M
1
Pemberton Group
Miracle in Mississauga
905-603-6300
2
The Daniels Corporation
FirstHome™ Long valley Phase two
905-814-0123
•
from $279,000
15M
3
Castle Group
Tuscany Gates
905-501-9557
•
from $340,000
20J
4
Conservatory Group
Mirage
905-232-2400
•
from $250,000
20K
6
Conservatory Group
Widesuites
905-897-8536
•
from $375,000
21K
8
Fernbrook Homes
Absolute Vision
905-803-0556
•
from $188,000
21k
8
Cityzen
Absolute Vision
905-803-0556
from $188,000
21K
•
21K
•
10 AMACON
The Residences at Parkside Village
lifeatparkside.com
12 Alterra Homes
Renaissance in Olde Brampton
905-454-7222
•
from $215,000
13d
12 Alterra Homes
Renaissance in Olde Brampton
905-454-7222
•
$215,000
13d
14 Pemberton Group
Rosedale Village Golf & Country Club
905-799-5000
•
from $190,000
12e
16 Vandyk Communities
Windows on the Green
905-822-3333
from $270,000
17M
18 Retirement Lifestyle Communities
Palisades on the Glen
905-820-8210
•
from $290,000
17M
19 United Lands
Stonebrook II
905-822-8858
•
22n
21 Casino Bay Dev. Corp./Toddglen
Panoramic Point at Brewery Bay
27 Inzola Group
•
1-866-611-5525
•
from $264,000
7Q
Park Place
905-451-7001
•
from $310,000
14G
30 Pinnacle International
Pinnacle Grand Park
905-276-3981
•
from $250,000
20L
31 Pemberton Group
Bluwater Condos
416-987-8800
•
from $350,000
17T
32 Armour Heights Developments
River’s Edge
905-533-2400
•
from $285,000
14A
35 Ashley Oaks Group
Emporium at Joshua Creek
905-618-0660
from $200,000
17P
36 Mady Development
Market Town Condominiums
705-719-1222
•
from $144,000
5r
38 Tridel Corporation
Metrogate - Ventus 2
416-293-5535
•
•
from $302,000
19J
38 Tridel Corporation
Ventus at Metrogate
416-293-5535
•
•
from $302,000
19J
39 The Daniels Corporation
Limelight Condominiums
905-306-6996
•
from $200,000
21L
46 Mattamy Homes
The Mount Pleasant Village
mattamyhomes.com
•
from $200,000
20M
*TH: Townhomes, C: Condo
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
•
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554
905 regionalmaps: Burlington, Brampton, Mississauga, Oakville, Further West, Further North
#
091
1
A
2
3
4
5
6
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* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
16
17
18
19
20
East
Hwy. 27
Key Maps Tow n of Oshaw a
Arthouse
Telephone
TH* C*
8
Catalia Development
Summer Palace
905-597-6868
31 Pemberton Group
Sky City
32 Liberty Development Corp. 43 Guizzetti Developments 44 Liberty Development Corp.
Corporate
46 Empire Communities
The Mark
arthousemarkham.com
7 407
Markham
ion R
Site
Town of Markham
11 Concess
Builder Flato Development
10 Concess ion R
e
# 2
9 Line
14 Ave
Hwy. 48 le Dr
3 407
6
Raymervil
Rd
Bullock Dr Hwy 7
7
2
Steeles Ave E
2 42
Main St S
n
de
Al
Major Mackenzie
15
Aldergrove Dr
905regionalmaps: Maple, Thornhill, Richmond Hill, Vaughan, Markham, Ajax, Whitby, Oshawa
26
28
McCowan Rd
35 404
Kennedy Rd
Warden Av e
St
45
34
404
John
18 Ave
16 Ave Carlton Rd
Ave
Clark Ave W
8
Cachet Pkwy Woodbin e
e
5
Steeles Ave W
092
Leslie St
Centre St
Elgin Mills Rd
Leslie St
44
40
16th Ave.
32
Thornhill Henderson Av
24 1
Yonge St
407
31 30
23
4
rn Ave
Langstaff Rd
404
1
Strathea
43 10
7
9
Bayview Ave
e Av
7
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n to
22
Weldrick Rd W
Rutherford Rd
400
41 26
25
401
19 Ave
Major MacKenzie
Richmond Hill Denham Dr
ng Isli
50
t nce S Clare Kipling Av
f Rd Langstaff
Maple
Elgin Mills Rd Neal Dr
20
Regent St Mill St
St
n
29
e
25
Yorkland
Huntingto
11
Major Mackenzie
19th Ave.
Gamble Rd
Bathurst St
Dufferin St
d
401
28
y Cr
Teston Rd
Nashville Rd
400
Jefferson Sideroad
Keele St
Kirby Rd
Jane St
Rd
Pine Valle
c
24
401
Weston Rd
Cold Cree k
12 Line Rd
King-Vaughan Rd
Tow n of Ajax
City of Pickering
Yonge St
King Rd
23
Tow n of W hitby
Bloomington Sideroad
b
21 22
Denison St
Price Range
Page
Finder
from $200,000
83
22E
•
from $250,000
105
15F
905-709-5700
•
from $320,000
9
12F
Royal Gardens
905-889-9997
•
Grand Palace
905-907-4370
•
37
14f
from $295,000
103
12E
mylibertycondo.ca
•
36
4G
themarkcondos.ca
•
from $200,000
45
21E
monarchgroup.net
•
from $250,000
16D
1
Monarch Corporation
Garden Court
3
Remington Group
Downtown Markham - Rouge Bijou
905-948-9900
•
from $180,000
18f
4
Tridel Corporation
Renaissance of Richmond Hill
416-736-9500
•
from $720,000
12G
5
State Building Group
Promenade Park
905-709-3352
•
6
Uppercity Village
Greensborough Village
905-489-9964
7
MintoUrban Communities Inc.
WaterGarden
416-915-3800
9
Amicorp
Terraces on the Park
905-265-8739
10 Great Lands Corp.
The Beverly Hills Resort Residences
905-882-6636
11 Triaxis Development Inc/Marino Developments
Courtyards of Maple
416-798-7070
15 Emery Condominiums
The Essential
20 Solmar Development Corp
Bellaria Residences
22 Quadra Mgt. & Sceptre Devs.
from $410,000
10g
from $249,000
23e
•
from $254,000
11G
•
from $210,000
3f
from $250,000
13F
•
from $390,000
8E
905-887-4888
•
from $250,000
20E
905-417-8482
•
from $240,000
7e
Renaissance Court at Woodbridge Gates
905-851-4220
•
from $230,000
3G
22 Wycliffe Homes
Fairground Lofts
905-605-5900
•
from $287,000
3G
24 Liberty Development Corp.
The Fountains
905-731-8302
•
from $272,000
10F
26 Rice Development
Ambria
905-796-3630
•
from $340,000
3F
28 Chestnut Hill Homes
San Francisco by the Bay
905-831-3631
•
from $180,000
22C
31 Pemberton Group
Miracle at Yonge
905-709-5700
•
from $280,000
12F
32 Signature Communities
TAO Boutique Condos
905-597-2535
•
from $200,000
14F
34 Sierra Homes
68 Main Street
905-305-0822
•
from $250,000
22F
35 Remington Group
Nexus North Condominium Residences
905-948-9900
•
from $200,000
17F
40 Nova Trimax
Allegra
905-850-6866
•
from $250,000
1F
41 Quadcam Development Group Inc
Vista Parc Condominiums
905-850-8883
•
3F
42 Greenpark Homes
The Upper Village
905-554-6501
•
44 Liberty Development Corp.
Centro Square Condos
905-851-8877
•
4G
45 Kylemore Communities
The 6th Angus Glen
905-887-9950
•
19E
*TH: Townhomes, C: Condo
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
•
•
•
from $288,000
from $455,000
21E
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554
the forecast in oakville calls for rain.
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KERR ST.
DORVAL DR.
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CORNWALL RD.
SPEERS RD.
LAKESHORE RD.
LAKE ONTARIO
TRAFALGAR RD.
RAINCONDOS.COM s 905-845-RAIN (7246)
Hours: Mon-Fri 12-6, Sat, Sun & Hol 12-5 521 Kerr St., Oakville, L6K 3C9
@EmpireRain /EmpireRainCondos april 6 - 20, 2013 new Condo Guide 093
condo profile
Empire Communities celebrates 10 BILD award nominations
e
mpire Communities is celebrating a total of 10 BILD Award nominations for its successful Victory and Eau du Soleil communities. Victory, the highly successful lowrise community located in prestigious Upper Stoney Creek, received eight nominations, including Best Project of the Year, Low-Rise. Meanwhile, the iconic Eau Du Soleil, which will be one of Canada’s tallest and most iconic waterfront communities, was singled out for the stunning rendering of its 66 and 44-storey towers. “We’re proud of these BILD Award nominations and we are exceptionally proud of these two dynamic communities,” says
094 new Condo Guide april 6 - 20, 2013
Paul Golini, Executive Vice President of Empire Communities. The 33rd Annual BILD Awards will be handed out on Friday, April 26th. Ideally situated in Upper Stoney Creek on the mountain, Victory will rise next to Centennial and the Red Hill Valley Parkways and close to major highways the QEW, 407, 403 and 6. Victory brings stylish living to a highly sought-after area, but at a price that everyone can afford. The diverse range of two-storey
towns and true freehold three-storey towns start at just $269,990. In addition, detached two-car garage homes on 34and 42-ft. lots start from just $346,990. This community will appeal to a range of buyers, from first-time homeowners to those looking to move up, from families to young professionals. Every home at Victory boasts high-end details like modern baseboards, curved shower rods and frameless glass showers in the bathrooms and modern, wall-mounted fireplaces. Every detail, inside and out, was selected with value and design in mind while offering a cool, urban look. Additional finishes include laminate flooring, two-tone contemporary kitchen cabinets, and modern backsplashes. At Victory, you’ll live your style, your way. Meanwhile, on the shores of Lake Ontario, Eau Du Soleil is poised to redefine highrise living in the beautiful waterfront neighbourhood of Mimico. The Sky Tower and Water Tower of Eau Du Soleil will take their places in this established community known for its scenic lakefront parks and ample recreation facilities. Connected by a dramatic podium, the Sky and Water Towers will offer awe-inspiring design, phenomenal views and spectacular amenities. The first to be released, the Sky Tower will be one of the tallest buildings on the water in Canada, towering 66 storeys and featuring 750 units. Floorplans range from one-bedroom up to three-bedroom designs, from 504 to 1,046 sq. ft.
on the shores of Lake Ontario, Eau Du Soleil is poised to redefine highrise living in the beautiful waterfront neighbourhood of Mimico. The Sky Tower and Water Tower of Eau Du Soleil will take their places in this established community known for its scenic lakefront parks and ample recreation facilities. .
All suites feature soaring nine-foot ceilings, with 10-ft. ceilings on the 60th floor and higher. Gourmet kitchens include stainless steel appliances, custom-designed contemporary cabinets, polished granite countertops, and glass tiles backsplashes. Spa-like bathrooms include soaker tubs, glass shower stalls and rain showerheads. The towers of Eau Du Soleil will also feature 25,000 sq. ft. of lifestyle amenities, including a salt water pool with hot tub, fitness room, spinning and yoga rooms, multiple theatres, guest suites, gaming and party rooms and much more. To learn more about Victory and Eau Du Soleil, visit empirecommunities.com
april 6 - 20, 2013 new Condo Guide 095
entertaining
Hosting tips for a
dinner party Take the stress out of dinner party hosting with the following tips from Food Network Canada’s Corbin Tomaszeski
Cook what you know and know what you cook Don’t experiment with new ingredients or recipes when you’re expecting guests. Save that for the in-laws. Don’t get complicated Less is more. Too often people get caught up complicating the natural flavours and presentation of a dish. Preparation, preparation Get as much done as possible in advance so you can spend time with your guests. For example, if 096 new Condo Guide april 6 - 20, 2013
your vegetables could be blanched ahead of time or if your chicken could be seared ahead of time, it saves time later. Pair wine and cocktails with your food Speak to local liquor store representatives for advice. A simple rule to follow: the lighter the fare, the lighter the wine. Take advantage of local expert knowledge Buy your ingredients from specialty shops when possible and talk to the resident experts. For example, when you buy fresh fish, go to your local fishmonger and don’t be afraid to ask what’s in season and freshest. Presentation is everything When you spend a lot of time shopping, preparing and cooking, it doesn’t make sense to simply throw your food onto a plate. Make it memorable. It’s not just about how it tastes, but how it looks. It should always leave a lasting impression. NC
going green
beer bottle countertops
A cool trend in green home décor
Every year, concerns for the future of the planet grow greater and more consumers are seeking eco-friendly alternatives to reduce their carbon footprint. One trend that is leaving a green mark in kitchens across the country is the choice of recycled material countertops over moreconventional surfaces. Green countertops are recycled or renewable surfaces that minimize impact on the environment during their production. They are comprised of different combinations of natural and man-made materials and often include some form of recycled glass. Many are attractive and viable alternatives to conventional countertop materials. One entry into this category, Elements by Durcon, is creating quite a buzz as it’s a green countertop surface that also offers durability, cleanliness and aesthetic qualities. Durcon, a manufacturer of epoxy-resin-quartz countertops and sinks for the last 35 years, recently launched an eco-friendly surface variation – Elements by Durcon for the residential and commercial markets. Stone fabricators, dealers and architects across North America agree that the product’s unique qualities and highly durable characteristics set it apart from first-generation eco-friendly surface products currently available. 098 new Condo Guide april 6 - 20, 2013
Molded from a proprietary blend of fine quartz, epoxy resin and recycled glass (i.e., clear beer bottles), the material is solid, non-porous, never requires sealing, and is homogenous in consistency. Its unique manufacturing process produces an incredibly silky smooth and durable countertop surface. “Elements is ideal for the discerning customer who desires a unique eco-friendly product for kitchen countertops, vanities, fireplace surrounds, and commercial applications,” says Mark Hanna, president of Montreal-based Leeza Distribution Inc., one of North America’s leading distributors of premium countertops such as Elements by Durcon. Elements is an incredibly safe and durable countertop surface ideal for kitchens as it is certified by NSF, is a very low-VOC-emitting material and boasts the highest heat-resistance rating available. “Elements is stylishly sleek with a distinctly silky feel that works beautifully with any décor,” Hanna says. “From Old World to ultramodern, it provides a look that is very unique, timeless and clean.” Its versatility is its strongest attribute. In addition to custom colours, Elements by Durcon is available in two alternate design variations – Titanium and PUR. Titanium features a dramatic metallic-flecked surface. The highlight of the PUR line is Pristine that is “already a hit with designers”, says Hanna, due to its rare, deep and absolute white quality that is in high demand in today’s décor. Elements surfaces are so durable that unused and old countertop material is recycled by Durcon for use in road construction. For more information visit leezadistribution.com. NC
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money matters
// by gail vaz-oxlade
So, you’re getting married?
Gail Vaz-Oxlade is the host of Til Debt Do Us Part, author of Debt Free Forever and blogs daily at gailvazoxlade.com. Follow Gail on Twitter at twitter.com/GailVazOxlade
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hat a great time in your life. So much mystery ahead. So much to be happy about. You’re probably very excited if you’re planning a lovely wedding. And you’ll be setting up a home together. Lots to think about, right? So where do you start? That’s got to be the toughest part of all. I think you should start here: “Honey, we need to talk.” 1. Who is going to manage the money? I’m not a big proponent of one person taking on all the financial responsibility in a household. Nope. That’s a recipe for resentment, abdication and disaster. I’d recommend you skip that meal. But you do have to talk about who is going to manage which aspects of the money, how, when, where, and how that body is going to keep the other body up-to-date on what’s going on. This, of course, raises questions such as, “How many accounts will we have?” and “How will we keep up 100 new Condo Guide april 6 - 20, 2013
Treat your money like a company would, and turn a profit
to date on our money?” It also necessitates coming clean, a full disclosure of what you own, what you owe, what you’re like with money, and how you plan to negotiate your way though the road blocks. I’m a big believer in taking turns when it comes to the day-to-day money management: She does it from January to June, and he does it from July to December. That way, you both get the aggravation, the discipline and the sense of how easy or hard it is for the other. Doing a mid-year hand-over also creates a prime opportunity for you to have an in-depth look at how you are doing, where you’re going, and what needs to be tweaked in the plan. 2. Who’s bringing in the moolah? Will you both work? Full time or part-time? Doing what and making how much? What are your plans for further schooling? For when the babies start arriving? Will one parent stay home? Who? For how long? Will you use daycare or a nanny or family care or something else for childcare? These important questions lay the foundation for your budget. Life can be very expensive and many couples choose to use the early years of marriage to establish themselves financially. Others plunge right into the baby game, often without having giving a moment’s thought to the financial implications. If you don’t know how much income you’re going to have, you’re asking for trouble. 3. How will we handle the household expenses? A lot of couples have trouble with this question. It raises power and control issues people would rather ignore until later. Ignore at your own risk. You have a bunch of options here. You can: Split everything fifty-fifty, which is completely fair if you make exactly the same amount of money, and until one of you starts making more or less, or you have babies, or someone gets sick, or someone has the opportunity for a career move that also moves the family. You can split the expenses proportionately. He makes $50,000. She makes $75,000. So he pays forty percent of the expenses, and she pays sixty. Again, great, as long as you continue to monitor the incomes and proportion of expenses you’re assuming, and adjust as your incomes change. You pool all the money, set your goals together, and take a “mad money” amount for your individual indulgences. Guess which one’s my favorite! But it’s not my money. It’s your money. And you have to come to an agreement you each feel (really feel, not pretend to feel) is fair and equitable. My whole take on the money thing is this: If I’m good enough to marry, I’m good enough to share fully and completely with. If you have to keep score, it just makes things a whole lot more complicated.
My husband and I have been married a long time now (and since we’re both re-marriages, we’ve actually beaten the odds). Sometimes I’ve made more. Sometimes he’s made more. Always we’ve shared. And a good thing too since its only a matter of time before the one of us needs the other. That’s what a marriage, a partnership for life, a fully committed relationship, is about. It isn’t always easy. And no one says there aren’t bumps. But if you make the money something you fight over, build up resentments over, or seethe silently over, you’re doomed.
their partners who then believe they have permission to go out and spend up a storm in retaliation. Great! A relationship based on equality! Can you see the problem? Set a limit on how much either of you can spend before consulting with each other. If your budget is tight, this may be as little as $20; for others it might be $500. If one of you is a shop-a-holic, make the number low. If one of you is a miser, negotiate a slightly higher number. Decide on an amount that won’t throw your budget totally out of whack and won’t create resentment. 6. What is your attitude toward money? I’ve worked with enough people now to know that how we feel about money is A BIG DEAL. And I’ve worked with enough people to know that it’s our personality, not simply the environment we come from, that dictates how we feel about our money. Talk about how money makes you feel. How much do you need in your wallet, in your bank account, in your shoe, to feel safe? How does spending make you feel? What’s more important, having a dollar or spending a dollar? How much debt is too much debt? If you are just the same, you may be fine, or you may find yourself supporting your significant other in some bad habits. If you are completely different you may be fine or you may find yourself butting heads with your partner on a too-regular basis. Ultimately, whether you are fine or not depends on how well you understand yourself and your partner.
4. How much personal spending money should each of us have that doesn’t have to be accounted for? Couples often leave this out of their budgets. The reality is that you each need some money of your own or you’ll drive each other 7. What assets and liabilities are you bringing to the marriage? If you crazy. I don’t have to check with Ken can’t tell each other the truth about your money, don’t bother getting married when I want to buy yet another book, because you’re already doomed. If you don’t know how much your buddy bottle of grapefruit shower gel, or makes, how much he spends, how much she owns and how he deals with his plant. And he doesn’t have to ask me bills, you’re a dope. What? Are you so dumb-in-love that you’d marry a pig in permission to dip into the account for a poke? Are you so head-over-heals that you’re prepared to walk blindfolded his coffee or a new Buddha (of which over the cliff? he has quite the collection now, I’ll Each partner needs to know exactly what the other person is bringing to tell you!) the table: how much is in your chequing account, savings account, retirement Each of us needs some personal account; how much you have in student loans, car loans, other loans, your line spending money to spend as we wish of credit and on your credit cards – all of them; what your credit histories without having to account for it, looks like; and, of course, how much you make and where it goes. Read regardless of how much (or little) we “Coming Clean” for more guidance if you need it. contribute to the household coffers. Whether it’s money we spend on hobbies, gifts, or small indulgences, if we don’t have it, we go crazy. Decide what is fair – in this case equal is fair – and work it into your budget. 5. How much can we spend on a purchase without needing consent from the other person? Okay, here’s a big one. People go out and shop up a storm and then come home and lie about how much they spent to keep their partners off their backs. Great! A relationship built on trust! Or people go out and spend up a storm, and then come home and tell
Set a limit on how much either of you can spend before consulting with each other.
april 6 - 20, 2013 new Condo Guide 101
Very often I meet people who are perfectly happy to live together or get married (join their lives) without being willing to take on the debts of their partner (join their money.) What’s up with that? Why would you want to marry someone who you’re not willing to go to bat for, or who isn’t willing to go to bat for you? Do you have ANY idea how hard it is to stay married? If you aren’t prepared to pony up and help each other through thick and thin, then just throw a party and skip the nuptials. 8. How will we cope if it all hits the fan? Crap happens. People get sick. People die. Businesses fail. Jobs are lost. His mother becomes a dependant. Her brother needs to be bailed out, yet again. How will you deal with the myriad changes in financial circumstances that come with a long life lived together. It’s all well and good to think that as long as you keep your house in order, you’ll be fine. But it just ain’t so. Just when you think everything is going smoothly, reality bites! If you don’t have a plan for dealing with life’s ups and downs, you’re asking for more stress than you can handle. Do you each have any/enough life insurance? Disability insurance? You’ve got your wills done? You’re willing to name your new partner as your power of attorney for both financial and medical emergencies? And you’re talking about how you’ll deal with your elders as they become more elderly? How much will you set aside each month for emergencies? Sounds like a drag? I’m not surprised. Most of the just-in-case conversations have less to do with winning the lottery (yeah!) than with dealing with unforeseen negative financial changes (bummer!). But talk about it you must. I always knew my husband would want his mom to come live with us when she got to the point where she couldn’t take care of herself any more. So when the time came, it was no big surprise. And he always knew I’d support him, but that it’d be his job to look after his mom. No big surprises there either. You better talk about this, and everything else that life can throw at you. Play the, “So, what do you think you’d do if…” game and work through all the scenarios you can think of. That’s way better than being rushed into a decision you’ve never thought about in any detail, and then becoming resentful about the compromises you’re having to make. 9. Who will we use as a guide to help us through some of our financial decision-making? There are bankers. There are financial planners. There are insurance brokers, chartered accountants, tax consultants, debt consolidators, investment brokers… the list goes on. So, 102 new Condo Guide april 6 - 20, 2013
whom will you hire to help you? It has to be someone you both trust. And it has to be someone who understands who YOU – specifically the two of you – are, not some generic couple that shares some of your circumstances. Read Choosing a Financial Guide. 10. What does our life look like in five years? This question is a great way to talk about your hopes and dreams. Does one of you want to go back to school, start your own business or own a vacation home? And if you plan to raise a family, how many children will you have and when? Would you both continue working, or would one spouse want to stay home with the kids? If you’re going to buy a home, will it be in the city or the country and what will it look like? Talking about what you imagine your life will look like will help you set priorities and identify goals. One final piece of advice: Don’t sweat the small stuff. While you’ll hear people say that marriage is about compromise, I disagree. I hate the word compromise. I compromised so much in my second marriage, that I compromised myself right out the door. Stupid! People will get into a scrap over the dumbest things: whether to buy name-brand or off-brand at the supermarket; whether to check six places before deciding you’ve got the best deal; whether to drive half-way across town for the 75 cents off on toilet paper, whether to use coupons or not, whether to go big or go home. If you waste good energy on stupid stuff, you’ll wear out each other’s good will. I like to say that marriage is about negotiation. If I get what I want, then you get what you want. If this thing we’re negotiating is a four (on a scale of one to ten) for me but an eight for you, you can have it. But the next one will likely be mine. Pick your battles and save your energy for issues that really matter. Believe me, there will be enough of them.
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104 new Condo Guide april 6 - 20, 2013
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market study
Location Matters in the GTA The majority of Greater Toronto Area residents would like to live in a walkable and transit-accessible neighbourhood, according to an RBC-Pembina Institute study. Eight out of ten GTA residents (79 per cent) responding to the study said affordability influenced where they live. If cost were not an issue, 81 per cent of respondents indicated they would give up a large yard for a smaller lot or more modest home within walking distance to amenities, easy access to rapid transit and less time behind the wheel. More than half (54 per cent) would choose this type of locationefficient neighbourhood even if it was more expensive.
Traditional views of suburban and downtown neighbourhoods are changing. Location and life stage matters when deciding the type of home you live in and where you live.
“The results of the survey indicate that there is a clear desire for more compact and family-friendly homes that are close to where people go everyday,” says Cherise Burda, Ontario policy director at Pembina and author of the report. “Currently, many of these options are beyond most budgets.” Stage in life may also be a determining factor in where people choose to live. GTA residents aged 60 and over showed the strongest preference for living in walkable and compact neighbourhoods (70 per cent), despite the higher home costs in this type of area. In contrast, 59 per cent of families with two or more children strongly preferred large detached homes in car-dependent neighbourhoods with lower housing costs. “Traditional views of suburban and downtown neighbourhoods are changing. Location and life stage matters when deciding the type of home you live in and where you live,” says Claude DeMone, director of client strategy for home-equity financing, RBC. “Affordability remains a key consideration for many homebuyers, but this extends beyond just the purchase price, as a better location can help cut commuting costs, reduce home servicing expenses and save on your household budget.” For more information, visit rbc.com
105 new Condo Guide april 6 - 20, 2013
smart shopper
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106 new Condo Guide april 6 - 20, 2013
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5 K-Wood Kitchens Getting organized never looked so stylish. Now with a special offer from K-Wood Kitchens, you can install sliding closet doors, size starting from $500. If you are the DIY type, they can be yours starting from only $300, size 36-in. by 96-in. Available in mirror, wooden panels, glass and laminated glass. These are all made of real glass. As for patterned glass, these are available but must be custom-made; please inquire for cost. Hardware included. Offer valid from March. 16 to April. 19, 2013. 36 CONTINENTAL PLACE, SCARBOROUGH | 416.332.0381 KWOODKITCHENS.COM
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condo watch
new releases & grand openings 36 Hazelton by Alterra
Construction has started at this luxury boutique condo in the Yorkville neighbourhood. Web: 36Hazelton.com
101 Erskine by Tridel
A quiet sensibility in the midst of Yonge and Eglinton. Grand opening. Web: Tridel.com/101erskine
Avani at Metrogate by Tridel
New suite release at Metrogate’s newest address at Kennedy and Hwy. 401. Web: Tridel.com
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Builders: If you would like to include your preview registration, new release or site opening in this feature, just email the details to susan.legge@wall2wallmedia.com
The Bond by Lifetime Developments
New release – top five floors. Introducing The City Collection at Adelaide and John. Now open. Web: TheBond.ca
E Condos by RioCan, Bazis, Metropia
Condominium residences on the northeast corner of Yonge and Eglinton. Grand opening. Web: ECondos.com
Exhibit by Bazis, Metropia, Plaza
Limited edition penthouse collection at Bloor and Avenue Road. Web: Bazis.ca
Fuse 2 by Neudorfer Corporation
Now releasing phase two of this master- planned community in Davenport Village. Web: FuseCondos.com
Gramercy Park by Malibu
An urban oasis built around a private park in North York. Move in soon. Web: GramercyPark.ca
Imperial Plaza by Camrost Felcorp
New suite release at Yonge and St. Clair. Book your private appointment today. Web: ImperialPlazaToronto.ca
Ivory by Plaza
Newly released Pure Platinum Penthouse Collection on Adelaide, in the heart of old-town Toronto. Web: PurePlaza.com
Life Condominiums by Chestnut Hill Homes
A stylish, 13-storey midrise at Yonge and Merton with 149 spacious suites. Now open. Web: LifeCondos.ca
The Madison by Madison Homes
Grand opening of Top Floors at Yonge and Eglinton. Web: MadisonCondos.ca
One Bloor by Great Gulf
New suite release at this coveted Yonge and Bloor condo, now under construction. Web: OneBloor.com
Picasso by Monarch Corp. & The Goldman Group
Now open, an iconic building in the heart of the evolving Entertainment District. Web: MonarchGroup.net
Post House by Alterra
Construction underway at this boutique condo in the St. Lawrence Market neighbourhood. Web: PostHouseCondos.com
Rise by Reserve Properties
Downtown living at a mid-town price. Grand opening and new release. Web: RiseCondos.com
River City 2 by Urban Capital
New release of penthouses with rooftop terraces and townhomes up to 1,877 sq. ft. Web: RiverCityToronto.com
Vivid by Pemberton Group
Grand opening continues at Pemberton’s Vivid at Islington and Bloor. Web: VividCondos.com
X2 Condos by Lifetime & Great Gulf
Sophisticated condominium now under construction at Jarvis and Charles. Web: X2Condos.com
continued on page 116… 108 new Condo Guide april 6 - 20, 2013
GTA Edition Apr 6 - 20, 2013
Your complete source for condos, lofts and townhomes in Toronto
IN THIS SECTION Maps and listings for new condo communities in the 416 region Builder news and the latest in condos in the 416
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* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
# Builder 2 Great Gulf Homes 4 Gairloch Investments 6 Cresford Development Corp. 7 The Daniels Corporation 10 Empire Communities 12 North Drive Investment 16 Freed 21 Easton’s Group 21 Remington Group 22 Monarch Corporation 37 Cresford Development Corp. 52 Cresford Development Corp. 59 Lindvest 85 Harhay Developments 85 Carttera 117 Bazis Inc. 117 Metropia 117 Plaza 120 The Daniels Corporation 126 Great Gulf Homes 126 Lifetime Developments 129 Concert Properties 130 Triangle West Development 131 Lanterra Developments 133 Tribute Communities 137 Alterra Homes/Finer Space 140 Eden Shaw 140 45 Charles Ltd. 149 Camrost - Felcorp 171 Camrost - Felcorp 179 Graywood Developments 179 Mod Developments Inc. 189 The Daniels Corporation 192 MintoUrban Communities Inc. 198 Menkes Developments Inc. 200 Freed 200 Carttera 202 Bazis Inc. 202 Rio Can 202 Metropia 206 Mod Developments Inc. 215 Dundee Kilmer Developments 1 Goldman Group & Lash Dev. Corp. 1 Goldman Group & Lash Dev. Corp. 1 Goldman Group & Lash Dev. Corp. 3 Concord Adex 3 Concord Adex 3 Concord Adex 3 Concord Adex 3 Concord Adex 5 Onni Group of Companies 5 Onni Group of Companies 8 Cresford Development Corp. 8 Cresford Development Corp. 8 Cresford Development Corp. 8 Cresford Development Corp. 9 Aspen Ridge Homes 11 Menkes Developments Inc. 11 Menkes Developments Inc. 13 Streetcar Development 14 Canalfa Group 14 Canalfa Group 15 Urbancorp Development Corporation 17 Malibu Investments Inc. 18 Urban Capital 18 Urban Capital 19 Delpark Homes *TH: Townhomes, C: Condo
Site Telephone TH* C* Price Range Page Finder Yonge+Richmond 416-492-7420 • from $290,000 17 16K 383 Sorauren 383sorauren.com 119 9L Merton Yonge Condominiums 416-484-1900 • from $500,000 151 14e High Park Condominiums 416-351-1844 • from $300,000 15 8L The HUB 416-408-1200 • from $220,000 6-7 9F The High Park 416-670-3699 • from $300,000 54-55 8L 155 REDPATH 416-601-0060 • from $250,000 59 14D King Blue Condominiums 416-599-1355 • from $250,000 77 12N King Blue Condominiums 416-599-1355 • from $250,000 77 12N Picasso on Richmond 416-495-3549 • from $280,000 Insert 14M Lofts 399 416-867-3999 • from $390,000 152 14L CASA III 416-977-1100 • from $240,000 IBC 15L B Streets 416-532-6636 from $300,000 125 13J One Eleven Condominiums & Lofts 647-347-4111 • from $250,000 81 13M One Eleven Condominiums & Lofts oneeleven.ca • 81 13M Exhibit Definitive Residences 416-967-7778 • from $800,000 29 14i Exhibit Definitive Residences 416-967-7778 • from $800,000 29 14i Exhibit Definitive Residences 416-967-7778 • from $800,000 29 14i One Park Place Condominiums 416-955-0559 • from $250,000 41 18J X2 416-927-0080 • from $303,000 18 16J X2 416-927-0080 • from $303,000 18 16J 88 Scott 416-216-8588 • from $400,000 67 17M Art Condos 416-535-7775 • from $530,000 141 12N Riverhouse at the Old Mill 416-766-7343 • from $520,000 19 5L RCM I on University 416-363-4800 • from $393,000 63 14M Post House Condominium 416-964-2777 • from $350,000 75 16L Chaz 416-922-0045 • from $320,000 47 16J Chaz 416-922-0045 • from $320,000 47 16J Imperial Plaza 416-925-2501 • from $400,000 3 15I Yorkville Plaza 416-966-3003 • • from $350,000 1 14H Five Condos 416-928-0555 • • from $250,000 53 15J Five Condos 416-928-0555 • • from $250,000 53 15J Cinema Tower Condominiums 416-203-2020 • 57 & Insert 14M 30 Roe 416-915-3812 • from $321,000 73 14D Noir menkes.com • Insert 15M SIXTY Colborne 416-601-0060 • from $300,000 44 16L SIXTY Colborne 416-598-7775 • from $300,000 44 16L E Condos 416-243-8688 • from $320,000 5 14E E Condos 416-243-8688 • from $320,000 5 14E E Condos 416-243-8688 • from $320,000 5 14E The Massey Tower 416-966-0197 • • from $320,000 49 16L Canary District Condominiums 416-603-7576 • from $250,000 71 18L 530 St. Clair Ave. West 530condos.com • from $344,000 12H 500 St. Clair Ave. West 416-868-0500 • from $260,000 12H the rushton rushtonliving.com • from $344,000 12H ParadeTWO Tower Residences 416-813-0999 • from $287,000 15M Grand Parade 2 at Concord CityPlace 416-813-0999 • 15M ParadeTWO Park Collection at Concord CityPlace 416-813-0999 • from $308,000 15M Quartz 416-813-0999 • • 15M Spectra 2 416-813-0999 • • 15N Garrison at the Yards 416-260-2600 • from $190,000 14n West Lake 416-260-2600 • from $240,000 14N NXT 2 416-977-5300 • • from $300,000 8N NXT2/Phase Two 416-977-5300 • • from $210,000 8N Corporate 416-977-5300 • • from $300,000 8N NXT 416-977-5300 • • from $300,000 8N VU 416-970-9500 • • from $370,000 16L Pears on the Avenue 416-323-0100 • from $381,000 14I 365 Church menkes.com • 14I Trinity Lofts 416-690-2988 • from $330,000 19l Liberty on the Park Condominiums 416-537-0047 • from $363,000 12N Liberty Place 416-537-0047 • • from $170,000 12N Westside Lofts 416-516-5848 • from $180,000 12m LTD 416-601-2223 • from $310,000 14M River City 416-862-0505 • • from $250,000 18L River City 2 416-862-0505 • • from $250,000 18L Broadview Villas 416-429-7888 • from $490,000 19g
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554
Builder
Site
*TH: Townhomes, C: Condo
Telephone
TH* C*
Price Range
Page
Fabrik 416-591-7700 • from $250,000 Ten York 416-596-9888 • The College 416-363-4800 • from $300,000 Success Tower at Pinnacle Centre 416-360-0673 • from $750,000 33 Bay Residences at Pinnacle Centre 416-925-3325 • Churchill Park Condominiums 416-966-9080 • from $900,000 The Madison 416-482-8090 • from $390,000 Infinity Condominiums 416-214-1988 • from $250,000 Milan 416-928-7409 • from $520,000 CASA 416-977-1100 • from $710,000 The Bloor St. Neighbourhood 416-977-1100 • from $600,000 CASA 2 416-977-1100 • from $250,000 The 500 Condos + Lofts 416-960-0606 • from $400,000 King West 416-367-5464 • from $210,000 775 King West 416-367-5464 • from $330,000 3018 Yonge In Lawrence Park 3018yonge.com • from $390,000 Monde mondegreatgulf.com • from $300,000 The Uptown Residences 416-987-3500 • from $950,000 The Brant Park 416-703-7271 • from $250,000 King West - The Lanes contextkingwest.ca • from $250,000 Foundry Lofts 416-531-7760 from $399,000 Brownstones on the Park 416-531-7760 • from $320,000 Brownstones 416-531-7760 • from $300,000 The Upper Canada Condominium 416-489-5194 • from $1800,000 The Upper Canada Condominiums 416-489-5194 • from $1.8,000 455 Adelaide West - Fashion District Lofts 416-603-6166 • • from $280,000 Fashion House 416-366-0560 • from $250,000 Beach Hill Residences 416-422-0880 • • from $200,000 Schoolhouse 416-979-1333 • from $595,000 Worklofts 416-368-5262 • from $243,000 Flatiron Lofts 416-368-5262 from $243,000 300 Front Street West 416-217-0300 • from $324,000 Reve 416-514-2710 • from $334,000 Pier 27 Waterlink 416-367-3456 • from $300,000 Condos at The Distillery 416-361-1322 • from $400,000 One Bloor Residences 416-922-0081 • from $535,000 Block liveatblock.com • The King East 416-368-5262 • from $300,000 East Condos & Lofts 416-368-5262 • from $310,000 King West kingwestlife.com • from $346,000 Four Seasons Private Residences Toronto 416-775-7500 • from $1900,000 Four Seasons Private Residences Toronto 416-775-7500 • from $1900,000 Seventy Seven Charles Yorkville 416-203-7034 • from $2100,000 Market Wharf 416-861-8181 • from $260,000 Library District Condominiums 416-861-8181 • from $222,000 Brownstones in Davenport Village 416-531-7760 from $245,000 Brownstones on the Park 416-531-7760 • from $260,000 Charlie 416-927-9772 • from $251,000 Ivory On Adelaide 416-862-0888 • from $279,000 Fly Condos 416-979-1333 from $310,000 Condo Living Store 416-979-1333 • U Condominiums 416-546-6605 • from $250,000 One Park West 416-955-0559 • from $406,000 Paintbox Condominiums paintboxcondos.ca • Festival Tower 416-203-2020 • from $350,000 The Pinnacle on Adelaide 416-596-1600 • Bisha Hotel & Residences 416-637-2211 • from $300,000 Two Old Mill 416-645-7022 • from $356,000 1717 Avenue Road 416-430-1717 from $1550,000 1717 Avenue Road 416-430-1717 • from $1295,000 Queen & Portland 416-363-4800 • from $315,000 5 St. Joseph 416-928-0555 • • from $250,000 5 St. Joseph 416-928-0555 • • from $250,000 DNA 3 416-929-1030 • from $220,000 Downtown 416-598-5088 • from $210,000 12 Degrees 416-408-1200 • from $350,000 The Berwick 416-922-9425 from $280,000 The Grove 416-824-3390 • from $840,000 Riverside Towns 416-214-2000 • from $400,000 Riverside Towns 416-214-2000 • from $400,000 KEW Beach Living 416-690-0101 • • from $350,000 KEW Beach Living 416-690-0101 • • from $350,000 The Mercer 416-597-6940 • from $350,000 Studio on Richmond 647-352-7736 • from $300,000 Backstage on the Esplanade 416-777-2533 Backstage on the Esplanade 416-777-2533 Vero verocondos.ca from $250,000 Theatre Park 416-422-0333 • from $380,000 Theatre Park 416-422-0333 • from $490,000 Tableau Condominiums 416-591-8887 • • from $450,000 Tableau Condominiums 416-591-8887 • • from $350,000 King Charlotte 416-422-0333 • from $466,000 King Charlotte 416-422-0333 • from $312,000 Tableau Condominiums tableaucondos.com • • from $350,000 Carmelina 416-423-8500 • from $250,000 Yorkville Condominiums 416-987-3222 • • from $550,000 The Bond Condominiums 416-546-7525 • • from $300,000 Showcase showcaseliving.ca • from $210,000 L Tower 416-777-2533 • from $410,000 707 Lofts 707Lofts.com • • from $255,000 Perspective Condos 416-242-3500 from $280,000 King + Condos 416-366-5464 • from $304,000 thirtytwo Camden 416-860-0060 • from $240,000 8 Gladstone 416-690-9009 • from $250,000 133 Hazelton Residence 416-487-9863 • Model Suite of the Month 416-487-9863 • 210 Simcoe 210simcoe.com • Karma 416-551-2744 • from $180,000 Karma 416-551-2744 • Rise 416-546-7399 • from $290,000 Model Suite of the Month • Neon 416-987-7878 • from $210,000 The Carlaw 416-690-8588 • from $200,000 Nero 416-792-6418 • from $300,000 Allure Condominiums allurecondos.ca • from $350,000 Allure Condominiums allurecondos.ca • from $350,000 1000 Bay 416-485-3000 • FAD Condos 416-815-1818 • from $250,000 South Hill on Madison Condominiums southhillonmadison.com • from $200,000 INDX 416-987-4639 • INDX 416-987-4639 • The Carnaby 416-690-9009 • from $250,000 TUX greatgulf.com/register • from $250,000 109OZ 416-531-4844 • from $280,000 The Hill 416-408-1200 • from $260,000 The Sterling thesterling1919.com • • from $200,000 101 Erskine 416--480-0700 • • from $250,000 Wallace Walk wallacewalktowns.com • from $210,000 The St Clements 416--778-7070 • • The Perry 416-926-7555 • from $390,000
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
Finder 14M 12F M14 17m 17m 13H 14E 16m 15I 15L 15L 15L 17I 14M 14M 14B 17M 16J 14M 14M 9I 9I 9I 14G 14G 14L 14L 23J 13i 20J 20J 15M 15M 17N 18L 15I 12K 18L 18L 13N 15I 15I 14J 17M 17M 9j 9J 14M 17L 14M 14m 15K 18J 18J M14 15M 16m 5L 13D 13D 15I 16J 16J 12N 15N 15L 14D 11O 19K 19K 24J 24J 15M 15M 17M 17M 17M 16M 16M 15L 15L 15L 15L 15L 23J 15G 15G 19K 17L 12K 4H 16L 14L M12 14I 14I 15M 15K 15K 12H 12H 14D 19K 13L 14F 14F 15J 14M 13I 16M 16M 12M 15M 12M 11E 9L 14E 9L 21K
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554
torontoregionalmaps: Toronto, East York, York
#
20 Menkes Developments Inc. 22 Tridel Corporation 23 Tribute Communities 29 Pinnacle International 29 Pinnacle International 30 Tower Hill Development Corporation 32 Madison Homes 41 Conservatory Group 46 Conservatory Group 52 Cresford Development Corp. 52 Cresford Development Corp. 52 Cresford Development Corp. 54 Times Developments Inc. 55 MintoUrban Communities Inc. 55 MintoUrban Communities Inc. 57 Lanterra Developments 58 Great Gulf Homes 62 Pemberton Group 64 Lamb Development Corp. 64 Context Development Inc. 66 E-Park Development 66 Emsatec Canada Inc 66 Neudorfer Corporation 70 Madison Homes 70 State Building Group 73 Freed 73 Freed 74 Carlyle Communities 78 Empire Communities 81 Lamb Development Corp. 81 Lamb Development Corp. 83 Tridel Corporation 83 Tridel Corporation 88 Fernbrook Homes/Cityzen Dev. 94 DHD Developments 99 Great Gulf Homes 100 Treasure Hill Homes 101 Lamb Development Corp. 101 Harhay Developments 102 Plaza 103 Menkes Developments Inc. 103 Lifetime Developments 104 Aspen Ridge Homes 106 Context Development Inc. 106 Context Development Inc. 109 The Brownstone Group of Companies 109 The Brownstone Group of Companies 110 Great Gulf Homes 114 Plaza 115 Empire Communities 115 Empire Communities 118 Pemberton Group 120 The Daniels Corporation 120 The Daniels Corporation 122 The Daniels Corporation 124 Pinnacle International 128 Lifetime Developments 131 Tridel Corporation 132 Tribute Urban Living 132 Tribute Communities 134 Tribute Communities 135 Graywood Developments 135 Mod Developments Inc. 136 Canderel/Stoneridge 139 Parallax Investment Corporation 141 BSaR Ltd 142 Andrin Homes 143 Matthew Kinsella Custom Homes Inc. 144 Hyde Park Homes 144 Lamb Development Corp. 145 Longo Corporation 145 Lamb Development Corp. 148 Graywood/Beaverhall Development 150 Aspen Ridge Homes 151 Cityzen 151 Fernbrook Homes 151 Fernbrook Homes 152 Lamb Development Corp. 152 Niche Development 153 Urban Capital 153 Malibu Investments Inc. 153 Lamb Development Corp. 153 Niche Development 153 Alit Developments 154 Tre Memovia Developments 155 Lifetime Developments 155 Lifetime Developments 156 Aragon Properties 157 Castlepoint/Cityzen/Fernbrook 160 Enirox Group 162 Pianosi Developments 163 Plus Development Group 165 Sorbara Group 170 Streetcar Development 173 Mizrahi | Khalili Developments 173 Mizrahi | Khalili Developments 175 Sorbara Group 182 Lifetime Developments 182 Centre Court Development 184 Reserve Properties 184 Reserve Properties 185 Pemberton Group 186 Streetcar Development 187 Tofni Developments 188 Greenpark Homes 188 Greenpark Homes 190 Cresford Development Corp. 191 Tri-Win Developments Inc 193 Burnac Corporation 195 Lifetime Developments 195 Centre Court Development 197 Streetcar Development 198 Great Gulf Homes 207 Reserve Properties 208 BSaR Ltd 210 Castlepoint/Numa 216 Tridel Corporation 217 Torbel Group 218 Sonterlan Mansouri Living
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* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
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Concord Adex YYZed Project management Liberty Development Corp. Lanterra Developments Brandy Lane Homes Tridel Corporation The Daniels Corporation Torbel Group Tridel Corporation Tridel Corporation Tridel Corporation Tridel Corporation Concord Adex Concord Adex Concord Adex Concord Adex Concord Adex Conservatory Group Conservatory Group Torbel Group Tridel Corporation Tridel Corporation Castle Royale Development Malibu Investments Inc. Norstar Group of Companies Menkes Developments Inc. Monarch Corporation Monarch Corporation MintoUrban Communities Inc. Devron Developments Canderel/Stoneridge DHD Developments Aspen Ridge Homes ELAD Canada ELAD Canada The Brown Group of Companies Kantium Development Lanterra Developments Fram Building Group The Daniels Corporation Tribute Communities Fram Building Group/Cadillac Fairview
*TH: Townhomes, C: Condo
Site
Telephone
TH* C*
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Opus 416-813-2999 • • 38-39 VISTO vistocondos.ca from $220,000 139 World on Yonge 905-771-7010 • 37 Treviso II 416-787-8882 • from $220,000 27 The Station 416-398-9777 • from $420,000 46 Trio at Atria 416-645-8866 from $258,000 IFC NY2 416-221-3939 from $220,000 14 The Avanti Condominiums 416-636-0400 from $375,000 Hullmark Centre 416-733-2883 • from $524,000 Avonshire Parkside 416-730-0300 • • from $579,000 Aristo at Avonshire 416-730-0300 • Aristo2 at Avonshire 416-730-0300 • from $299,000 Tango at Concord Park Place 416-813-2999 • • from $236,000 Discovery at Concord Park Place 416-813-2999 • Discovery II at Concord Park Place 416-813-2999 • • from $210,000 Tango2 at Concord Park Place 416-813-2999 • from $265,000 Corporate 416-813-2999 • • from $210,000 Pearl Condominiums 416-512-1818 • from $200,000 Platinum Towers 416-512-1818 • from $340,000 Diva DivaCondo.com Argento 416-663-1818 • Alto at Atria 416-645-8866 • from $288,000 The Palm Condominium Residences 416-306-1000 • from $400,000 Gramercy Park Condominium Residences 416-703-2202 • from $600,000 Portrait Condominiums 416-282-9600 • from $300,000 Gibson Square 416-730-9722 • from $363,000 Ultra at Heron’s Hill 416-495-3548 • from $200,000 Yorkland at Heron’s Hill 416-495-3548 • from $300,000 88 416-915-3805 • from $235,000 Flo Condominiums 647-799-0356 • from $250,000 Aura At College Park 416-962-8688 • from $500,000 Gooderham 416-361-1322 • from $410,000 Scenic on Eglinton 416-805-1781 • from $190,000 Emerald City Condominiums 416-492-0001 • from $250,000 Dreamtower At Emerald City 416-492-0001 • from $260,000 Willow Park at Bayview 416-221-6767 • from $466,000 Posh Condominiums 905-771-0134 • from $544,000 Treviso Condominiums 416-787-8882 • from $200,000 LIV Lofts 416-445-5638 • from $250,000 NY Place 416-221-3939 • from $250,000 Canterbury 647-352-2130 • • from $700,000 Flaire Condos 416-445-8868 • from $320,000
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
Finder 22C 8E A18 12F 12D 24C 19C 17C 18D 18D 18D 18D 22C 22C 22C 22C 22C 17C 18C 11C 22e 25D 17B 13E 13C 17C 25D 25D 18c 18c 16K 18l 23G 24C 24C 21 16A 12F 22F 19C 19F 22F
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554
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Gardiner Expressway Evans Ave
Horner Ave
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
5 Park Lawn
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Royal York Rd
Dundas St W
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Builder Monarch Corporation Great Gulf Homes Menkes Developments Inc. Lash Group of Companies Carttera Graywood/Beaverhall Development Monarch Corporation Davies Smith Queenscorp Residences Liberty Development Corp. City Core Tridel Corporation Remington Group Henderson Development Limited Monarch Corporation Conservatory Group Pemberton Group Camrost - Felcorp Camrost - Felcorp Green Hill Homes Mattamy Homes Georgian Empire Communities Monarch Corporation Empire Communities Beaverbrook Homes Tridel Corporation Amexon Development Corporation Monarch Corporation Tridel Corporation Tridel Corporation Edilcan Development Corp. Edilcan Development Corp. Edilcan Development Corp. Remington Group/Brown Group Remington Group Pemberton Group Alterra Homes/Finer Space Tridel Corporation Phantom Developments Your Home Developments VHL Developments Ltd. VHL Developments Ltd. Royale Grand Woodbine Developments MintoUrban Communities Inc. First Avenue Properties Lash Group of Companies
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* Due to scale restrictions, locators are d approximate. Please see builder’s ads n R for sto exact locations. ng
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Site Telephone TH* C* Price Range Page Finder The Epicurean monarchgroup.net • from $250,000 Insert 23F One Sherway Condominiums 416-695-3535 • from $273,000 22-23 16G One Sherway Condominiums 416-695-3535 • from $273,000 22-23 16G Cloud 9 Condominiums cloud9condos.ca • from $220,000 127 22B Cloud 9 Condominiums cloud9condos.ca • from $220,000 127 22B Ocean Club 416-255-4663 • from $229,000 123 24C Lago 416-495-3544 • from $300,000 Insert 24c Eleven Superior 416-259-8882 • from $200,000 117 23C Watermark 416-354-2221 • from $320,000 137 19D Terrace on Danforth 416-987-7575 • 37 2F Harmony Village Sheppard 416-493-0123 from $250,000 85 2C Ventus at Metro Gate 416-293-5535 • from $342,000 BC 4c Park Towers at IQ 416-253-5838 • from $200,000 133 22G Centro 416-296-1898 • from $185,000 6D Nautilus at Waterview 416-495-3544 • from $400,000 25H Altitude 416-321-1659 • from $230,000 25H Palais at Port Royal Place 416-239-8200 • from $260,000 23F ilofts at Mystic Pointe 416-251-8888 • from $310,000 25G California Condos 416-251-8888 • from $242,000 25g Princeton Manor 905-849-1818 from $210,000 6G Summerside mattamyhomes.com • • from $159,000 3F King’s Way at Swansea Village 416-766-4683 • from $188,000 24G Eau Du Soleil empirecommunities.com/eaudusoleil • from $250,000 25B Encore 416-495-3543 • from $200,000 5D Beyond The Sea Star Tower Condominiums 416-979-1333 • • from $400,000 24H Evolution 416-747-9691 • from $250,000 22G Parc Nuvo at Essex 416-231-0999 • from $398,000 22g South Beach 416-252-3000 from $209,000 25H Waterscapes 416-495-3544 • from $390,000 26H Metrogate Townhomes 416-293-5535 • • from $427,000 4C West Village 416-620-1887 • from $260,000 21F One Valhalla 416-233-5554 • from $239,000 21F Thunderbird 416-233-5554 • from $240,000 21F Triumph At One Valhalla 416-233-5554 • from $230,000 21F IQ IQcondos.com • from $190,000 22G The Masters mastercondos.com • from $200,000 22G Vivid 416-239-8200 • from $250,000 23F Westwood Condominiums westwoodAlterra.com • from $300,000 23F Avani At Metrogate 416-293-5535 • from $248,000 4C Jade Condominiums 416-762-8818 • from $250,000 24G Nature’s Path 416-745-6686 • • from $270,000 11E 2150 Condos 416-750-2150 • from $189,000 3E Haven On The Bluffs 416-2621-9555 • from $160,000 3E Lexington 416-638-8444 • from $240,000 21C South Shore mintosouthshore.com • from $300,000 22H Qube Condos 647-351-7823 • from $200,000 24G Me 647-693-7563 • from $150,000 8D
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554
torontoregionalmaps: Scarborough, Etobicoke
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waterfrontmaps: Toronto
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
114
#
Builder
1
Pemberton Group
Park Lake Residences
Site
416-769-4343
• • from $250,000
3F
2
Monarch Corporation
Nautilus at Waterview -
416-495-3544
• from $400,000
5f
3
Cresford Development Corp.
NXT2/Phase Two
416-977-5300
• • from $210,000
4E
3
Cresford Development Corp.
NXT at Windermere By The Lake
416-977-5300
• • from $300,000
11f
6
Plazacorp/Berkley Community
West Harbour City
westharbourcity.com
• from $327,000
13E
7
Lifetime Homes
Waterparkcity – Neptune
416-203-3700
•
13f
8 Concord Adex
Grand Parade 2 at Concord CityPlace
416-813-0999
•
14f
8
Concord Adex
Quartz
416-813-0999
• •
14F
8
Concord Adex
ParadeTWO Tower Residences
416-813-0999
14f
8
Concord Adex Grand Parade at Concord CityPlace
416-813-0999
• from 293,000
14F
8
Concord Adex
Panorama at Concord CityPlace
416-813-0999
• from $389,000
14F
8
Concord Adex
Panorama Elite Suites at Concord CityPlace
416-813-0999
• from $1,135,000
14F
8
Concord adex
ParadeTWO Park Collection at Concord CityPlace
416-813-0999
• from $308,000
14F
8
Concord Adex
Luna Vista at Concord CityPlace
416-813-0999
• from $2,213,000
14F
8
CONCORD ADEX
Spectra
416-813-0999
• •
14F
9
Conservatory Group
Infinity Condominiums
416-214-1988
• from $250,000
14f
11 URBAN CPITAL
River City 2
416-862-0505
• from $250,000
16E
14 CANALFA GROUP
Liberty Central by the Lake
416-537-0047
• from $200,000
10F
14 Canalfa Group
Liberty on the Park Condominiums
416-537-0047
• from $363,000
10F
15 Malibu investments inc.
LTD
416-601-2223
• from $200,000
12F
16 CAMROST FELDCORP California Condominiums
sunsetcondos.ca
• from $280,000
24C
18 Fernbrook Homes/Cityzen Dev.
416-367-3456
• from $300,000
11F
Pier 27 Residences On The Lake
21 GREAT GULF Monde *TH: Townhomes, C: Condo
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
Telephone
mondegreatgulf.com
TH* C*
Price Range
• from $287,000
• • from $300,000
Page
Finder
15E
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to 416-789-9554
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Scugog
416-255-4663 48
• from $229,000
123
416-259-8882
• from $200,000
117 Newcastle 23C
Whitby • from $280,000 Oshawa
25 queenscorp residences
Watermark
416-354-2221
5
United lands
Stonebrook Condominiums
8
chestnut hill development
25C
insert 401
24C
• from $320,000
137
19D
905-822-8858
• from $270,000
9E
San Francisco By The Bay
905-831-3631
•
• from $180,000
23J
10 Pemberton Group
Bluwater Condominiums
416-987-8800
• from $350,000
5J
11 Monarch Corp.
Waterscapes
416-495-3544
• from $390,000
25C
13 GREEN HILL HOMES
Princeton Manor
905-849-1818
• from $210,000
6G
14 Phantom Developments
Jade Waterfront Condos
416-251-0707
• from $250,000
24G
empirecommunities.com/eaudusoleil
• from $210,000
6-7
25B
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to 416-789-9554
Si
Uxbridge
monarchgroup.net
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
Bloor St
Lindsay
Lago
28 EMPIRE COMMUNITIES Eau Du Soleil
Stevenson Rd
Whitby 7 Waterfront
Thornton Rd
Wentworth St
Park Rd S
401
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* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
69
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Ravenscroft
Hwy 5
15 GRAYWOOD DEVELOPMENTS
19
Alliston,
Beeton, Site
89
Shelburne
Essa
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Church St S
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condo watch
continued… Imperial Plaza by Camrost Felcorp
Sixteen-foot loft living at Yonge and St. Clair. Register today. Web: 16FootLofts.ca/cg
previews & registrations 365 Church by Menkes
416
Builders: If you would like to include your preview registration, new release or site opening in this feature, just email the details to susan.legge@wall2wallmedia.com
Indx Condos by Lifetime & CentreCourt Developments
Coming soon to Bay and Adelaide. Register now to stay informed. Web: IndxCondos.com
Jade Waterfront Condos by Phantom Developments
In the heart of the action. Coming soon to Church and Carlton. Register now. Web: Menkes.com
Opening soon on the Etobicoke waterfront. Register now to stay informed. Web: JadeWaterfrontCondos.com
The Britt by Lanterra Developments
Noir Condos by Menkes
Condos with European flair coming soon to Bay and Wellesley. Register now. Web: SunsetCondos.ca
Coming soon to the heart of Toronto, at Peter and King. Register now. Web: Menkes.com
California Condos by Camrost Felcorp
One Park Place by Daniels Corp.
Register now for the Sunset Collection at California Condos in south Etobicoke. Web: SunsetCondos.ca
Coming this spring, the “one” place to be in downtown east. Register now to stay informed. Web: DanielsOneParkPlace.com
The Carnaby by Streetcar
Sixty Colborne by Freed Developments
Inspired by London; coming soon to trendy Queen West. Register now. Web: CarnabyLofts.com
A block from everything at King Street East and Church Street. Register now. Web: SixtyColborne.com
Cinema Tower by Daniels
South Hill on Madison by Burnac
World-class condo in the heart of the Entertainment District. Register now. Web: CinemaTowerCondos.com
Coming soon to the coveted Casa Loma neighbourhood. Register now. Web: SouthHillOnMadison.com
Context King West by Context
Tao by SigNature Communities
Coming soon to King West – community and design for everyone. Register now. Web: ContextKingWest.ca
Boutique condos on Bayview in Richmond Hill. Coming soon. Web: TaoCondos.ca
Dragon Condos by Ideal Developments
Ten York by Tridel
Register now to enjoy “legendary living” at Dundas and Spadina. Web: DragonCondos.com
Rising above it all at York and Harbour. Register now for your private oasis. Web: TenYork-condos.ca
Eau Du Soleil by Empire Communities
Tux by Great Gulf
Surfacing soon: one of Canada’s tallest and most iconic waterfront condos. Register online. Web: EauDuSoleilCondos.com
Rising 40 storeys at King and Blue Jays Way. Take the next step – register now. Web: GreatGulf.com/register
The Epicurean by Monarch Corp.
The Upper Canada Condominium by State Building Group
A stylish new condo for local foodies in Bloor West Village. Register now. Web: MonarchGroup.net
Coming soon, affordable luxury at Avenue Road and Lonsdale. Register now. Web: UpperCanadaCondo.com
Fabrik by Menkes
Vivid by Pemberton Group
Register now for this fashionable new condo, steps from Toronto’s trendy Fashion District. Web: Menkes.com
Affordable luxury living at Bloor and Islington. Register now. Web: VividCondos.com
FAD Condominiums by Tri-Win
Yonge & Rich by Great Gulf
Fashion District Condominiums, coming soon to this trend-setting hot spot. Web: FadCondo.ca
Live at the centre of it all at Yonge and Richmond. Register for a preview. Web: YongeandRich.com
Yorkville Plaza by Camrost Felcorp
Grand opening at this iconic address. Offering the best things in life right outside your door. Web: YorkvillePlaza.com 116 new Condo Guide april 6 - 20, 2013
ER N! D UN CTIO W RU O N ST N O C
SUITES STARTING FROM THE LOW $200s
Limited time incentives. Call today!
1 pm - 6 pm 11 am - 4 pm
april 6 - 20, 2013 new Condo Guide 117
IN THE MARKET FOR A
NEW HOUSE
OR A CONDO?
We think finding a home is a lot more than simply finding the right property. That’s why we put you right in the middle of the search process.
Search your favourite neighbourhood
Find out about nearby services and amenities
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Visit the new real estate section on canpages.ca and start looking for that special place.
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118 new Condo Guide april 6 - 20, 2013
as
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nd
Ron Sora uren
alles cesv
Ave
Ave
a beautiful mid-rise condo coming to Roncesvalles. Designed by renowned architect Peter Clewes, 383 Sorauren is a unique offering designed to impress you and your guests. Plus it’s all within walking distance of great parks, cafés, restaurants and transit.
Du
Lans
383 Sorauren is
Register today at 383sorauren.com
Exclusive Listing Agent: MarketVision. Prices, sizes, and specifications subject to change without notice. E. &. O.E. Illustration is artist’s impression. april 6 - 20, 2013 new Condo Guide 119
condo profile
Mature Roncesvalles neighbourhood inspires 383 Sorauren
120 new Condo Guide april 6 - 20, 2013
m
odern, stunning and welldesigned, 383 Sorauren will set a standard for boutique condominium living in Toronto’s dynamic Roncesvalles community. Built in partnership by Gairloch Develoments and Centrestone Urban Developments, and designed by Architects Alliance, the 11-storey 383 Sorauren will feature cutting-edge architecture combined with sleek, innovative interior design by the award-winning Johnson Chou Inc. “383 Sorauren represents a modern interpretation of the traditional masonry warehouse buildings of the area,” says Bill Gairdner of Gairloch Developments, one of Toronto’s most exciting new-home builders. “We’ve designed a building that boasts larger units geared toward the end-user. Our goal was to give 383 Sorauren a mature look and feel, one that’s in keeping with the energy and atmosphere of the surrounding neighbourhood, yet with the modern conveniences we are all looking for in a new home.” Suites at 383 Sorauren average 750 sq. ft., with many one-bedroom plus den and small two-bedroom suites designs. All suites feature floor-to-ceiling windows and nine-ft. ceilings, while the exclusive penthouse units boast
The building offers something for every purchaser’s needs, from young singles to growing families, with suites that range in size from 470-sq.-ft studios all the way up to 1,500-Sq.Ft. three-bedroom plus den designs.
The building includes all the amenities you could want for your urban lifestyle, including guest suite, a state-of-the-art fitness centre and an outdoor landscaped lounge area. soaring 10-ft. ceilings. The building offers something for every purchaser’s needs, from young singles to growing families, with suites that range in size from 470-sq.-ft. studios all the way up to 1,500-sq.-ft. three bedroom plus den designs. 383 Sorauren will also feature two-storey, two bedroom designs and all suites will include terraces, full balconies or French balconies. Prices start in the mid-$200’s. The building includes all the amenities you could want for your urban lifestyle, including guest suite, a state-of-the-art fitness centre and an outdoor landscaped lounge area. But the true lifestyle amenity of 383 Sorauren is the high-energy location — just a few minutes walk to Roncesvalles and some of Toronto’s most critically acclaimed shops, coffee houses, restaurants and art galleries. Shop at the farmers market in Sorauren Park, take a stroll through High Park, and indulge in Dundas West boutique shopping. Need to get around the city? You can walk to the Bloor subway stop while the TTC streetcar line at Dundas and College connects you to the downtown core in mere minutes. For more information about 383 Sorauren, visit 383sorauren.com or call 416.588.0383. The sales office is located at 383 Sorauren Avenue, just south of Dundas Street West, on Sorauren Avenue.
april 6 - 20, 2013 new Condo Guide 121
decorating dilemmas
// by heather segreti
Mastering Bathroom questions the bath answered » Additional shower wall jets provide full body massage as well as a rain shower head for the full spa experience. These units are even affordable if you decide to buy online. » Lastly but certainly not least in luxury, there is always the option to add in a steam unit. In this busy day and age, a shower with all these amenities will provide the ultimate relaxing environment after a long day, or play and give you the edge when it comes to resale as well as a fantastic return on your investment. Founder and President of Toronto-based Segreti Design, Heather Segreti is a member of ARIDO and IDC, with more than 22 years of experience. Working with both commercial and residential clients, she brings innovative design ideas to each one of her projects. For more information visit Heather online at www.segretidesign.comw
Q
I’d like to renovate the master bathroom in my condo. I love the luxury of a bath and the convenience of a shower, but I don’t have room for both! Where will I get the best return?
A
When considering the bath vs. shower debate, it can be a tough decision. If you don’t have the room and have to settle for one or the other, my advice is: the best resale value these days will be in a shower. If you want to build in some luxury to your shower that you may be missing from a soak in the tub, you can add the following upgrades that will make it well worth the trade off: » Install a larger shower (four by five ft.) that is roomy will give the feeling of extreme luxury. » Add a bench seat for comfort while bathing and rinsing off. 122 new Condo Guide april 6 - 20, 2013
Q
Help! My bathroom’s an eyesore. Everything works, but is in desperate need of an update. Since we just bought out first home, we don’t have lots of cash to spare. What are some easy updates that will enhance my space without breaking the bank?
A
Updating your bathroom on a budget can be loads of fun. Removing floor or wall tiles and relocating fixtures will be out of the question. However some upgrades will make a huge impact and give you the update you’re craving. » Painting Walls can be painted with a fresh coat of paint that’s solid in colour, or has a unique textured finish. » Wallpaper If paint isn’t your thing, there are some great new wallpapers on the market to update your space. » Painting the existing cabinetry This is a great facelift for a dated-looking vanity. A fresh coat of paint with new hardware will do wonders. (Prime first and use a semi-gloss finish for durability.) » Vanity mirror Now that the vanity is painted you can add a new mirror to suit. I would suggest a framed mirror, rectangular or square and for some added interest. » Lighting in the bathroom is essential. Changing the light fixtures in the ceiling or above the vanity can be cost effective. Once again, you can purchase these fixtures very inexpensively at your local home building store. » Glass shower enclosure If you have a little extra in the budget you can spring for a glass shower enclosure as opposed to the standard shower curtain. These can be purchased inexpensively at your local hardware store or online. If you need to stick with the shower curtain, try something simple that blends in with your wall colour and doesn’t stand out. » Add towels and accessories Accessories can make all the difference, but first clear up any clutter – less is always more. Find a place for everything and add some new fresh towels in a colour palette to complement your new paint colours. » Artwork with a punch Artwork and other unique pieces that you can find at any local discount store will provide the finishing touches to your newly updated washroom. Enjoy!
WATERFRONT* 228, 9 00 LIVING INCLUDES PARKING & LOCKER! ONLY
FROM
$
NOW UNDER CONSTRUCTION OWN THE BEST ADDRESS ON THE WATER Don’t miss your opportunity to be a part of Toronto’s most successful waterfront condominium! NOW UNDER CONSTRUCTION, Ocean Club offers a great selection of suite designs and exquisite condominium living with gorgeous finishes, resort style amenities and is just steps from parks, trails, shopping, marina, dining and more.
DON’T MISS OUT! Oceanclubcondos.ca Call 416.255.4663 or email oceanclub@bakersales.info to book your private appointment
Exclusive Listing: Baker Real Estate Incorporated, Brokerage. Brokers Protected. *See Sales Representative for more details. Prices and specifications are subject to change without notice. Illustration is artist concept. E. & O.E.
april 6 - 20, 2013 new Condo Guide 123
GTA’s exciting free monthly home design magazine Featuring the newest products and hottest design trends for your home, inside and out.
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APRIL issue on stands now!
124 new Condo Guide april 6 - 20, 2013
ins w s t t the e a e r r t a s . e B eY h t s! f A o B t H c e O Proj 2012
This must be what it feels like to win big at the Academy Awards! On September 24th, B.streets was recognized with five awards at the 2012 OHBAs in Collingwood, the Oscars of the real estate world. Our big wins included Best Ad Campaign, Best Logo, Best Brochure, Best Sales Office, and Project of the Year! We proudly share this honour with all of our supporters. There is still a great selection of incredible suites available. Book your private appointment today and make B.streets your home base. NOW UNDER CONSTRUCTION. From the low $300’s. By appointment at 385 Madison Avenue
MACPHERSON AVE.
MADISON AVE.
Condos at Bloor & Bathurst
PRESENTATION CENTRE
AVENUE RD.
B streets
™
BATHURST. ST.
BSTREETSCONDOS.COM 416.53.CONDO [ 532.6636 ]
DAVENPORT RD.
DUPONT ST.
BLOOR ST.
B streets Condos at Bloor & Bathurst
EXCLUSIVE BROKER: MILBORNE REAL ESTATE INC. PRICES & SPECIFICATIONS SUBJECT TO CHANGE WITHOUT NOTICE. E.&O.E. CREATIVE: LA-ADS.COM
april 6 - 20, 2013 new Condo Guide 125
condo snapshot
Ikea on Cloud9
Lash Group of Companies unveils new Ikea model suite
Pictured above
Lash Group of Companies Executives and Sales Representatives from The Condo Store officially unveil the new Cloud9 Ikea Model Suite
Recently, purchasers gathered with executives
from Lash Group of Companies and sales representatives from The Condo Store for the official unveiling of the newly renovated model suite at Cloud9, inspired by Ikea. The urban, yet contemporary, 798-sq.-ft., twobedroom-plus den model suite was designed by Tanner Hill and Associates and features furniture and accessories from the local Ikea store. Visitors to the suite were pleased to learn that the designer-selected finishes were all readily available to the average purchaser, simply by visiting the local Ikea. “We were thrilled to unveil our new Ikea finished model suite,” says Larry Blankenstein, President of
Lash Group of Companies. “It presents a very realistic vision of what life would be like at Cloud9. “Amazingly, the designers were able to furnish the twobedroom-plus-den for a mere $7,500,” adds Blankenstein. With the new program, “Let’s Make a Deal,” Lash Group of Companies is now offering purchasers a $10,000 Ikea gift card to help furnish their very own Cloud9 unit. Launched in 2012, Cloud9 still continued on page 128…
126 new Condo Guide april 6 - 20, 2013
IN
E TOBICOKE
Buy Now . Get It All!
NEW IKEA FURNISHED MODEL TO VIEW
Great Suite . Fabulous Amenities . Spectacular Furniture Package* Included Etobicoke’s best value. Now your choice of spectacular suite designs and package from IKEA. The time to buy is now. Life on Cloud9 includes the exceptional rooftop Club9 including indoor pool party room, fitness centre outdoor lounge and so much more. Take advantage of one of our special buyer’s incentive bonus package. Join the 150 purchasers who are living it up on Cloud9!
s ’ 200 FROM THE LOW
$
10,000 IKEA GIFT CARD
UP TO
$
*
WESTHUMBER BLVD.
401
400
R. IE D RR KIPLING AVE.
ESTHER LO
HWY 27
MARTIN GROVE RD.
FINCH AVE. E.
cloud9condos.ca • 416.747.0199 Presentation Centre: 60 Esther Lorrie Dr., Etobicoke Hours: Mon - Thurs: 12 - 6pm, Fri.: Closed, Wknds. & Hol.: 12 - 5pm *Speak to a sales representative for details. For a limited time only and may be withdrawn at any time without notice. Information is correct at press time. Prices and specifications are subject to change without notice. Exclusive Listing Broker, The Condo Store Realty Inc., Brokerage. Brokers Protected. E.&O.E. 2013.
condo snapshot
continued‌
has a solid selection of suites available, ranging from an efficient 515 sq. ft. to a spacious 920 sq. ft. Starting from the low $200s, suites will feature European plank laminate flooring throughout all main of the principal rooms. Kitchens will boast a choice of black or white appliances including a refrigerator, glass top self-cleaning oven, multi-cycle dishwasher, microwave oven and solid granite countertops, while bathrooms will include a contemporary vanity and sink with modern polished single lever faucets, fullwidth lower storage drawers and walk-in showers. Located at the corner of Kipling and Esther Lorrie Drive, Cloud9’s proximity to Highways 400, 401, 407, 409 and 427 will make it easy to get just about anywhere in the GTA. Residents are steps away from many great neighbourhood offerings including the Humber Collegiate Institute, Toronto Public Library, Woodbine Racetrack, public and private middle schools, community centres and the lush
128 new Condo Guide april 6 - 20, 2013
parklands of the Humber River Valley Trail. As much as the neighbourhood has to offer, residents at Cloud9 will enjoy exclusive access to an abundance of amenities designed by Tanner Hill & Associates Inc. A spectacular landscaped rooftop terrace with barbecue, lounge seating and kitchen facility offers residents a perfect place to entertain guests. Other amenities include a multi-purpose party room with kitchen facility, a rooftop Club9 state-ofthe-art fully equipped fitness centre, a swimming pool, roof top fire pit and a furnished guest suite. For a look of the new Ikea model at Cloud9, visit the presentation centre located at 60 Esther Lorrie Drive in Etobicoke from Monday to Thursday from 12 p.m. to 6 p.m. and Saturday and Sunday from 12 p.m. to 6 p.m. For more information, please call 416. 747.0199 or visit cloud9condos.ca.
around the house
home sweet office
Sharing a home workspace means compromise // by kim carlton While the zones of the home that are used for sleep, eating and play get more of the glory, it’s important to have a place where you can get down to business. Whether that is a home business, or homework, correspondence, crafts, paying bills or occasional work from home, the space must fit the purpose. But what if there are various people who need to use the home office for different reasons? Or if you just need to entertain your kids so that you can keep an eye on them while you work? We talked to experts about how you can make the most of your family home office.
Location, location, location
Do you have a spare bedroom, den or a basement that can be used for this purpose? “You need quiet, especially if you telecommute. A high-traffic area doesn’t really work,” says Adam Shearer, president of California Closets. In smaller homes and condos, some families must be creative. A spare bedroom can have options for a
home office, says Enrico Terisigni, general manager of Organized Interiors. The company even offers a wall bed home office system. It has a double- or a queensized bed that pulls down from wall when needed – with space for pillows and clothing. “When the bed is not needed, it goes back up against the wall, and there’s room for a home office, as well as files and secret documents,” he says. Organized Interiors has even created offices in laundry rooms and has an “office in a closet” solution that is very popular. Fully equipped and designed for your family
Once you’ve decided where your office will go, think about what will be needed in it. Shearer says that most offices include lower or base cabinetry that could house file drawers, a work surface or countertop, and upper storage. Seating is also very important; enough legroom is key. “We recommend a minimum of 30 inches under that countertop for someone to sit and work.” continued on page 132…
130 new Condo Guide april 6 - 20, 2013
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131
around the house
continued…
Safety is paramount. If kids are going to be using the space, is it childproofed for them? Don’t forget the little details about the unique people who are going to use the office. Are the people who use it right or left handed? Is the chair at the right height and ergonomic? Is there adequate light at each workspace? Some people may want to combine the home office with a home craft center if someone in the family is artistic or wraps a lot of gifts. Remember technological concerns such as power. Are there enough electrical outlets and are they where they need to be so that everyone can plug in their computers? If you need help planning your home office, companies such as California Closets and Organized Interiors can send a designer to evaluate your space and create a customized solution for your family. Think about the children
Safety is paramount. If kids are going to be using the space, is it child-proofed for them? Where should the wee ones sit? A kid’s-sized desk or table is great for little ones to colour or do their homework while you work. Having art supplies and toys at their level also promotes creativity and keeps them occupied. Sharing a workspace
How do you make the home office work so that people can work together at the same time? “Ideally it needs to be laid out so there are areas for everyone to sit,” says Shearer. “If you don’t have enough room, you are going to have to trade off.” 132 new Condo Guide april 6 - 20, 2013
Professional organizer Hellen Buttigieg, owner of We Organize U says that “face to face” desks – like for detectives in the movies – “is great for family members that enjoy the interaction while they work.” If this is too distracting for some people, desks can be placed in each corner of the room. “Keep in mind that each person has their own way of working and it’s important to set up a space that takes that into consideration,” adds Buttigieg. Sharing some things can make life a lot easier, such as office supplies, and a printer/scanner/copier, says Buttigieg. Shearer suggests a cabinet or file drawer for each family member. Each parent has a drawer for their bills, each child has a drawer for their artwork. Alternatively colour-coded files for each family member can work. Functionality aside, there is the human element of sharing and getting along that makes working together a challenge. How can you make working together pleasant? “Boundaries and respect,” says Buttigieg. “Everyone should have their own space carved out, even if it’s a small section of the room. Family members need to respect and not infringe on someone else’s space. That means one person can’t pile their papers on someone else’s desk when their own desk gets buried.”
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quick tips
// by hellen buttigieg
don’t let your stuff own you
T
he closets are full. There isn’t an unused surface. The junk drawer is overflowing. The piles have piles and the storage space is full too. You need it all, you just don’t have enough space to put it. Or do you need it all? Do you need to create more storage space or do you need to pare down your stuff? Take a closer look and decide what you’re holding onto, and why. Separate ‘need’ from ‘obligation’, ‘sentimentality’ and ‘just in case’. You may find you have the space to store what you need. You’ll just need to dig deep to find the strength to free yourself of the rest. After all, do you own all that stuff – or does it own you?
Hellen Buttigieg, CPO, is a Certified Professional Organizer, life coach, TV host and owner of We Organize U. Visit her website, WeOrganizeU.com, for a free e-Book on how to find more time, energy and inner peace. Contact Hellen at 905.829.2219 or info@WeOrganizeU.com
Take a closer look and decide what you’re holding onto, and why. Separate ‘need’ from ‘obligation’, ‘sentimentality’ and ‘just in case’. You may find you have the space to store what you need.
134 new Condo Guide april 6 - 20, 2013
Let go of obligation clutter Obligation clutter refers to the stuff we are holding on to because we feel a sense of duty. It can be gifts we’ve received, heirlooms we’ve inherited, or things we are saving for our kids. If you are holding on to any of these types of things, I’m giving you permission to let them go, and here’s why: You have no duty to keep gifts forever. The last thing the gift-giver would want is for their gift to be a burden. If a gift you gave were unused, wouldn’t you be happier if it were donated, so someone else could enjoy it? It can be emotionally taxing to part with inherited items, but there are more meaningful ways to honour a person’s memory than keeping all their things. Releasing a loved one’s belongings doesn’t betray the memory of the person. It’s a bit easier with time, so take the time you need. But please do not hold on to inherited items because of guilt. If you’re keeping things for your children, please consider asking them if they are even remotely interested in having them. Remember, they will have their own taste. Do you really want to burden them with things that don’t suit their style or their life? Off-load off-site storage If you are paying a hefty monthly bill to store your belongings off-site in a rented storage container, it’s time to reconsider its value. Out of sight is usually out of mind. If you are not using the items, it may be beneficial to sell them or give them away. The money spent storing the stuff over a long period of time often exceeds the value of those items.
Liberate your linen closet Let go of all the sheets and towels that are torn, stained, or that you’re keeping ‘just in case’ (consider donating them to your local Humane Society). You really only need one extra set of sheets for each bed. Fold pillowcases and fitted sheets into their matching flat sheets so that the set stays together neatly. Arrange sheets according to their room, and place the corresponding labels on the front of the shelves. If closet space is limited, keep an extra sheet set between the mattress and box spring of each bed. Don’t let excuses keep you stuck When editing your closet, you’ll make all kinds of excuses to keep things. I’ve compiled a list of the most popular excuses I’ve heard – and my response to them. Reconsider keeping clothes that no longer serve you. Top seven Excuses for holding on to clothing we don’t wear:
1 | It will come back in style. Yes, it will. But the fabric and cut will be slightly different and everyone will be able to tell you have been holding on to it since 1978! 2 | It will fit once I lose weight. You may lose weight in different places and it may still not fit. It may go out of style by the time you lose the weight. Reward yourself by buying new clothes instead of wearing your old things.
Don’t let sentimental items take up valuable space in your closet. That’s like allowing the past to take up space and crowd out the present. 3 | I paid a lot of money for it. And it makes you feel guilty every time you look into your closet and see it hanging there, so let go of the reminder, and the shame. 4 | I wore it on my first date, the day I got promoted, etc. Don’t let sentimental items take up valuable space in your closet. That’s like allowing the past to take up space and crowd out the present. Take a picture and let it go or keep it and store it elsewhere. 5 | Someone bought it for me. They’ll never know, and even if they find out, they’ll understand. They would not be happy knowing their gift has become a burden to you. 6 | It needs repairs. Put a deadline on it and let it go if you miss it. 7 | I need it just in case. This is probably the top excuse I hear, and it is based on fear. Be brave – unless you can find a specific reason to hold on to something, find the courage to let it go.
april 6 - 20, 2013 new Condo Guide 135
hot topic
// By Mimi Ng
A WORRY-FREE LIFESTYLE
The benefits of condo living
W Mimi Ng is Vice-President of Residential Sales & Marketing at Menkes, one of the leading home builders in the GTA with over 50 years of experience. Follow Menkes on Twitter (twitter.com/menkeslife), Facebook (facebook.com/menkeslife) and Youtube (youtube.com/ menkesvideos).
ith the number of construction cranes on display throughout the city, it’s no secret that condos have gone mainstream and are now one of the most popular options for Toronto homebuyers. According to Realnet Canada, condos currently represent one out of every two new home sales in the Greater Toronto Area. Condos are being embraced by a full spectrum of buyers, including singles, couples and young families who are making their first home purchase, as well as empty nesters looking to downsize from larger family residences. There is also a growing segment of “move up” buyers who already live in a condo but want to stick with the condo lifestyle and upgrade to a larger or newer unit instead of moving to a single-family home.
Get rid of the shovel
People are attracted to condo living for many reasons, but one of the key benefits is freedom from household maintenance such as snow shoveling and yard work. For buyers who find the prospect of the regular upkeep and repairs of a house too daunting or time-consuming, the ease of a professionally managed condominium building is highly appealing. Another advantage of condo life is the access to a fantastic range of entertainment and recreational amenities right outside your door. Imagine working out in a private gym with state-of-the-art fitness equipment and a sparkling pool, or entertaining guests in a designer party room, or enjoying a drink with friends on a rooftop terrace with stunning city views. These are some of the experiences unique to condo ownership that are just an elevator ride away. Peace of mind
The safety and security that comes with living in a condo building is another important factor for potential homebuyers. Most new condo projects have 24-hour security run by professional concierge staff; even buildings that offer only part-time concierge service typically have off-site security monitoring. If you decide to go away – for a weekend or a month – you can simply lock your suite door and rest easy, knowing that your home is safe. Condo living has a range of great benefits. To discover more about the condo lifestyle and whether it’s right for you, visit a condo sales office today. Another great resource is the Canada Mortgage and Housing Corporation (CMHC) website (cmhc-schl.gc.ca), which includes access to the valuable “Condominium Buyer’s Guide.”
136 new Condo Guide april 6 - 20, 2013
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137
going green
go green or go home!
When you’re buying a new home, attention to energy efficiency can help your bottom line we’re not talking about amorphous concepts to inspire the warm fuzzies. Let’s face it, consumers face all kinds of claims in just about all product categories – organic this, all-natural that and eco-friendly everything. And not all of them are true. For buying a home, thankfully, it’s about dollars and cents and real, provable savings. No, you don’t have to be thinking about solar panels on the roof or a backyard wind turbine. Noble and even profitable ideas, these also involve high capital costs and permitting issues, among other challenges. And as a first-time buyer, you’re not likely in a position to afford such extremes. However, there are simple steps you can take to assess how “friendly” a potential property might be – in terms of comfort, operating costs and environmental footprint.
When it comes to a Green home,
Buying new
If you’re buying a new home, you’re not likely to have much to worry about when it comes to energy efficiency. Most developers, including those appearing in New Condo Guide, build their new housing product to stringent industry standards. Indeed, more and more of them construct to the international LEED (Leadership in Energy and Environmental Design) standards and the Energy Star program. LEED is a Green Building Rating System designed to encourage sustainable green building and development practices through the use of universally understood and accepted tools and performance criteria. A third-party certification program, LEED promotes a whole-building approach to sustainability by recognizing performance in five key areas of 138 new Condo Guide april 6 - 20, 2013
human and environmental health: sustainable site development; water efficiency; energy efficiency; materials selection; and indoor environmental quality. Energy Star, overseen by Natural Resources Canada, is an initiative to promote energyefficiency guidelines that enable new homes to be approximately 25 per cent more energy efficient than those built to minimum provincial Building Codes. Energy-efficiency measures for these new homes include: insulation upgrades, higherperformance windows, better draft proofing, more efficient heating, hot water and air conditioning systems and Energy-Star-qualified appliances. Bottom line? Reduced energy costs for you, the homeowner, along with greater comfort, lower impact on the environment and higher resale value.
CONDOMINIUMS ON MAPLE LEAF
139
Scrumpdillyicious
Leslie Styles, foodie and travel aficionado, shares some delicious dishes found on her travels around the world
Molten Chocolate Lava Cake Directions
Preheat oven to 325°F. Grease four ramekins, about 2 ¾ in. diameter and dust with cocoa powder; set aside. Melt the chocolate in a small pan over medium heat. Once half melted, add butter and continue to heat until the chocolate and butter are completely melted and combined. Set aside for 10 minutes, or until needed.
Warm, silky and devilishly good, Molten Chocolate Lava Cake is the quintessential chocolate lover’s dessert. Best of all, its gooey centre actually does erupt with a luscious molten core of chocolatey goodness. And unlike some other recipes I’ve tried, this recipe is foolproof! Made with good-quality dark chocolate, butter, eggs, sugar and flour, the mixture is simply poured into individual ramekins, baked about 15 minutes and upturned onto decorative serving plates. A few fresh berries, a light dusting of icing sugar and your guests will be treated to a lovely warm dessert fresh from the oven. Now that’s love!
this is a very naughty dessert.
ingredients
Using a blender or hand whisk, whip the eggs, egg yolks and sugar in a medium bowl until pale and thickened, then add to the chocolate mixture. Gently fold in the flour with a metal spoon. Divide the mixture between the four ramekins and cook in the oven for 12 to 15 minutes, until the cakes are firm on top. Using oven gloves, remove the ramekins from the oven and turn them out onto serving plates. Garnish with raspberries and dust with icing sugar. Serve immediately.
Serves 4
› 4 tsp cocoa powder › 4 oz good-quality dark chocolate, broken into pieces › 4 oz unsalted butter (1 stick)
› 2 large eggs › 2 large egg yolks › 4 ½ oz caster sugar › 4 oz plain or pastry flour, sifted
140 new Condo Guide april 6 - 20, 2013
› Icing sugar, to dust › Raspberries, for garnish
Leslie Styles is president of Styles Design Inc., a Toronto-based branding and communications agency, and author of Scrumpdillyicious, a food & travel blog dedicated to all things delicious. She can be reached at stylesdesign.net and scrumpdillyicious.blogspot.com
april 6 - 20, 2013 new Condo Guide 141
home décor
// by evelyn eshun // photo by larry arnal
CREATING A small, stylish bathroom
Toronto-based accredited Interior Designer, Evelyn Eshun, Principal of Evelyn Eshun Design. For more than 14 years, she is known for her custom designed residential projects throughout the GTA that showcase the space and bring out the best in you. evelyneshun.com
no matter how large or how small your bathroom is, the
basic elements which make a bathroom fabulous are the same. Functionality, easy to clean, lots of storage, and of course, attractive. In this case, I had carte blanche to design a bathroom for two very adorable little girls with the caveat that it had to be girly and timeless. When clients give me their wish list for the renovation plan of their bathrooms, they usually have a tile or counter in mind, that is more often than not the jumping-off point of the aesthetic plan of the space. This is a good place to start, since it sets the tone for the look, the feeling and the colour of the
142 new Condo Guide april 6 - 20, 2013
bathroom. In this case, the client wanted Statuario marble for a countertop. Knowing this fact, it was easy to plug in the other elements which would make this small bathroom bright and fresh for the girls using it. Choosing the vanity colour or finish is key to creating the mood in the space. Stained and dark tends to be masculine, while white and light tends to be feminine. A perfect white was chosen for the vanity, one of my favourite whites, Benjamin Moore’s CC-20. You cannot go wrong with white vanities in a bathroom – classic, timeless and bright. The crystal knobs gave a finishing touch to the simple lined vanity. Paint colours in the bathroom should be light and non-obtrusive in order to allow the tiles and stone to take centre stage. Getting away from all the grey and blue which is the trend these days, I chose a soft blushy pink for the wall colour. This imparts a warm glow over the entire bath. When designing a bathroom on a budget, keep two things in mind: plumbing and tiling. Try to keep all the plumbing fixtures where they are, since moving them can really add dollars to the bottom line. Your tile budget can easily explode – to keep this in check, I like to use a simple white porcelain 3-by-6-in. or 2-by- 4-in. tile as my main tile and add a gorgeous mosaic and bullnose tile as an accent. In this case, we used a mosaic which had glass and marble in a combination of smooth and textured square. The sparkle added the perfect girly touch the bathroom needed.
My two little clients were very happy with their bathroom and the open storage in the upper cabinet, which allowed them to display their favourite little trinkets Cut Crystal Perfume Bottles in Small and Large. $19-$24. Visit chapters.indigo.ca
There are no hard and fast rules in this department – it is much like cooking; all the ingredients have to work together in harmony, the tiles, floor, counter, vanity, paint and plumbing fixtures. When it comes to the plumbing fixtures, we often adore the sparkle of chrome or polished nickel in a bathroom. Yes, you have to wipe the water stains away, but the sparkle is what imparts that finishing touch. I often like to use a cool polished chrome in a white, more modern bathroom space, while polished nickel suits a more traditional bathroom with creamy finishes and stained vanities. There are no hard and fast rules in this department – it is much like cooking; all the ingredients have to work together in harmony, the tiles, floor, counter, vanity, paint and plumbing fixtures. My two little clients were very happy with their bathroom and the open storage in the upper cabinet, which allowed them to display their favourite little trinkets.
april 6 - 20, 2013 new Condo Guide 143
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homebuyers’ help
condo buyers’
resource section
You love the condo, see what you can afford! Compare mortgage rates for your best deal Calculate your mortgage payments using the mortgage payment calculation chart
april 6 - 20, 2013 new Condo Guide 145
homebuyers’ help
Calculate your mortgage payments interest rate
amortization period
chart figure
mortgage amount ÷ 1,000
monthly payment
example: 5%
25 years
5.82
125 (mortgage amount $125,000)
$
Follow these steps to see if you’ll qualify for a mortgage on your dream condo 01 Calculate the combined monthly before-tax income of you and your spouse. 02 Divide by three. This figure is the monthly payment you can afford to make on your condo. 03 Take the total price of the condo and subtract the amount of money you expect to make as a down payment. This is the money you will have to borrow.
146 new Condo Guide april 6 - 20, 2013
04 Refer to the chart on the opposite page. Look down the left column and locate the interest rate you expect to pay. Line this up with the amortization period of your choice. (Most first-time buyers take the 25-year amortization.) 05 Multiply this figure by the amount you need to borrow. Divide by 1,000.
06 Add to this your estimated monthly heating costs and monthly property taxes. 07 If this figure is equal to or less than one-third of your gross monthly income (calculated in Step 2), you’ll qualify for a mortgage on your dream condo.
Bear in mind that this is a rough estimate. If you have several other large loans already, you may qualify for less. Also, banks and trust companies vary in their policies. The best way to know what you can afford is to go to the lending institution of your choice and get pre-qualified.
Mortgage payment calculation chart
%
Amortization Periods
Interest Rates
10 years
15 years
20 years
25 years
30 Years
3.00%
9.65
6.90
5.54
4.73
4.21
3.25%
9.76
7.02
5.66
4.86
4.34
3.50%
9.88
7.14
5.79
4.99
4.48
3.75%
9.99
7.26
5.91
5.13
4.61
4.00%
10.11
7.38
6.04
5.26
4.76
4.25%
10.23
7.50
6.17
5.40
4.90
4.50%
10.34
7.63
6.30
5.53
5.04
4.75%
10.46
7.75
6.44
5.67
5.19
5.00%
10.58
7.88
6.57
5.82
5.34 5.49
5.25%
10.70
8.01
6.74
5.96
5.50%
10.82
8.14
6.85
6.10
5.64
5.75%
10.94
8.27
6.98
6.25
5.79
6.00%
11.07
8.40
7.12
6.40
5.95
6.25%
11.19
8.53
7.26
6.55
6.11
6.50%
11.31
8.66
7.41
6.70
6.26
6.75%
11.43
8.80
7.55
6.85
6.42
7.00%
11.56
8.93
7.69
7.00
6.59
7.25%
11.68
9.07
7.84
7.16
6.75
7.50%
11.81
9.21
7.99
7.32
6.91
7.75%
11.94
9.34
8.14
7.47
7.08
8.00%
12.06
9.48
8.28
7.63
7.25
8.25%
12.19
9.62
8.44
7.79
7.42
8.50%
12.32
9.76
8.59
7.95
7.59
8.75%
12.45
9.90
8.74
8.12
7.76
9.00%
12.58
10.05
8.86
8.28
7.93
9.25%
12.71
10.19
9.05
8.45
8.10
9.50%
12.84
10.33
9.20
8.62
8.28
9.75%
12.97
10.48
9.36
8.78
8.45
10.00%
13.10
10.63
9.52
8.95
8.63
10.25%
13.24
10.77
9.68
9.12
8.80
10.50%
13.37
10.92
9.84
9.29
8.98
10.75%
13.50
11.06
10.00
9.46
9.16
11.00%
13.64
11.22
10.16
9.63
9.34
11.25%
13.77
11.36
10.32
9.80
9.52
11.50%
13.91
11.52
10.49
9.97
9.70
11.75%
14.04
11.66
10.65
10.15
9.88
12.00%
14.18
11.82
10.81
10.32
10.06
12.25%
14.32
11.97
10.98
10.49
10.25
12.50%
14.46
12.13
11.15
10.67
10.43
12.75%
14.59
12.28
11.31
10.85
10.61
This table shows the monthly payment of principal and interest for each $1,000 of mortgage. Example: The monthly principal and interest payment for a $125,000 mortgage with a 25-year amortization period at 5% is as follows: ($125,000 รท 1,000) X 5.82 = $727.50 april 6 - 20, 2013 new Condo Guide 147
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homebuyers’ help
Compare mortgage rates for your best deal CHARTERED BANKS
Variable
6 Months
1 Year
2 years
3 years
4 years
5 years
ATB Financial 2.6
4 6.30op
3.1 6.30op
3.14 3.55 4.39 6.50op
2.99
Alterna Svgs/Alterna Bk 2.85
4 6.30op
3.05 3.09 3.09 2.99 6.30op
3.09
Bank of Montreal 3.1
4 6.30op
3 3.04 3.55 4.54 6.30op
2.99
Bank of Nova Scotia 3
4.55 6.45op
3.75 2.69 3.99 2.99 6.50op
4.99
Canadian Western Bank
4 6.45op
3 3.04 3.55 4.54 6.30op
5.14
CIBC 3.2 6.70op
3 3.14 3.55 2.99 6.35op
5.14
HSBC Bank Canada 3
2.7 3.95 2.98 4.99 6.35op
3.49
3.15
3.65
3.64
3.69
3.44
3
3
2.79
2.99
3.08
ICICI Bank Canada ING Direct
4.45 6.20op
3.05 3
Laurentian Bank n/a
4.4 6.70op
3.09 3.14 3.55 4.54 6.30op
5.14
3 3.05 3.1 3.1 4.00op
3.09
MonCana Bank
2.79
2.99
National Bank n/a
3.1 3.14 3.55 2.85 6.30op
Manulife Bank 3 4.45
President’s Choice Finan
4 6.70op
3.2
Royal Bank 3
4 6.30op
TD Canada Trust 3.2
2.79
3.2
2.79
3.24
2.89
5.14
3.35
3.44
3 3.04 3.55 4.54 6.30op
5.14
3 6.30op
3.04
3.55
4.54
5.14
3.09
TRUST COMPANIES AGF Trust
n/a
2.99
3.1
3.5
3.64
Community Trust
n/a
6.5
3.1
3.35
3.95
4.64
Effort Trust n/a
4.45 6.30op
3.25 3.6 3.9 4.5 6.30op
4.95
Home Trust Company
2.99
3.2
2.49
2.89
2.99
5.24
3.95
2.74
Investors Group Trust n/a
4 6.50op
3 3.14 3.55 4.54 6.30op
5.14
MTCC 3
4.55 6.45op
3.75 6.50op
2.69
3.99
2.99
4.99
Airline Financial C.U. 4
2.99 3.25 6.25op
3.29
3.09
3.49
Comtech Credit Union 2.79
6.6 8.40op
2.99 3.25 3.29 3.19 9.00op
3.29
First National Fin. LP
3.95
2.74
OTHER FINANCIAL INSTITUTIONS
2.99
2.99
FirstOntario C.U. 2.79 6.34op
2.99 3.14 3.19 3.24 6.34op
2.97
London Life n/a
3 3.14 3.55 4.54 6.30op
5.14
MCAP 2.9
3.6 3.95 4.35 4.89 7.00op
5.14
Meridian Credit Union 2.85 4.45
3.1 3.14 3.7 2.98 6.30op
3.19 3.4
4 6.50op
2.69
2.79
Parama Credit Union
2.9
3
3.05
3.15
3.25
Steinbach Credit Union
2.4
2.4
2.5
2.7
2.8
3
2.99 6.50op
3.04
2.79
3.89
3.19
Teachers Credit Union 4
4.45 6.30op
Notes **Interest rate charged subject to adjustment during term mortgage. Please consult institution for term of years available. All rates are prime rates and subject to change without notice. R.O.R. RATES ON REQUEST op OPEN ----- NOT QUOTING N/A NOT AVAILABLE Mar. 25, 2013. Prepared By Fiscal Agents Financial Information Services 905.844.7700
april 6 - 20, 2013 new Condo Guide 149
index of advertisers 45 Charles Ltd. - Chaz
47
Lash Group of Companies - Cloud 9 Condominiums
Alterra Homes/Finer Space - Post House Condominium
75
Liberty Development Corp. - Corporate
36
Bazis Inc. - E Condos
5
127
Liberty Development Corp. - Royal Gardens
37
Bazis Inc. - Exhibit Definitive Residences
29
Liberty Development Corp. - Terrace on Danforth
37
Brandy Lane Homes - The Station
46
Liberty Development Corp. - World on Yonge
37
Camrost - Felcorp - Imperial Plaza
3
Lifetime Developments - Corporate
31
Camrost - Felcorp - Yorkville Plaza
1
Lifetime Developments - X2
18
Canpages - Promo
118
Lindvest - B Streets
125
Carttera - Cloud 9 Condominiums
127
Luxury Condos - Promo
144
Carttera - One Eleven Condominiums & Lofts
81
Menkes Developments Inc. - Corporate
Insert
Carttera - SIXTY Colborne
44
Menkes Developments Inc. - Noir
Insert
Menkes Developments Inc. - One Sherway Condominiums
22-23
Catalia Development - Summer Palace
105
Chinese Home & Condo Guide - Promo
104
City Core - Harmony Village Sheppard
85
Concert Properties - 88 Scott
67
Concord Adex - Opus
38-39
Cresford Development Corp. - CASA III
IBC
Cresford Development Corp. - Lofts 399
152
Cresford Development Corp. - Merton Yonge Condominiums
151
Davies Smith - Eleven Superior
117
Dundee Kilmer Developments - Canary District Condominiums
71
Easton’s Group - King Blue Condominiums
77
Easton’s Group - Model Suite of the Month
76
Eden Shaw - Chaz
47
Empire Communities - Rain Condominiums
93
Empire Communities - The HUB
6-7
Empire Communities - The Mark
45
Family of magazines - Promo
148
Flato Development - Arthouse
83
Freed - 155 REDPATH
59
Freed - SIXTY Colborne
44
Gairloch Investments - 383 Sorauren Graywood Developments - Five Condos Graywood/Beaverhall Development - Ocean Club Great Gulf Homes - One Sherway Condominiums
119 53 123 22-23
Metropia - E Condos
5
Metropia - Exhibit Definitive Residences
29
MintoUrban Communities Inc. - 30 Roe
73
Mod Developments Inc. - Five Condos
53
Mod Developments Inc. - The Massey Tower
49
Monarch Corporation - Corporate
Insert
Monarch Corporation - Lago
Insert
Monarch Corporation - Picasso on Richmond
Insert
Monarch Corporation - The Epicurean
Insert
North Drive Investment - The High Park
54-55
Pemberton Group - Downtown Erin Mills Condominiums Pemberton Group - Sky City
8 9
Pinnacle International - Pinnacle Grand Park 2
97
Pinnacle International - Pinnacle Uptown, Crystal 2
99
Plaza - Exhibit Definitive Residences
29
Plaza Premium Lounge - Promo
80
Queenscorp Residences - Watermark Remington Group - King Blue Condominiums Remington Group - Park Towers at IQ Rio Can - E Condos T.D. Bank - Promo The Daniels Corporation - Cinema Tower Condominiums
137 77 133 5 65 57 & Insert
Great Gulf Homes - X2
18
The Daniels Corporation - Erin Mills
25
Great Gulf Homes - Yonge+Richmond
17
The Daniels Corporation - High Park Condominiums
15
The Daniels Corporation - NY2
14
The Daniels Corporation - One Park Place Condominiums
41
Guizzetti Developments - Grand Palace Harhay Developments - One Eleven Condominiums & Lofts
103 81
Home Decor & Renovations - Promo
124
Triangle West Development - Art Condos
141
Insoho Developments - Imagine Condos
131
Tribute Communities - RCM I on University
63
Lanterra Developments - Riverhouse at the Old Mill
19
Tridel Corporation - Trio at Atria
Lanterra Developments - The Britt
11
Tridel Corporation - Ventus at Metro Gate
BC
Lanterra Developments - Treviso II
27
YYZed Project management - VISTO
139
150 new Condo Guide april 6 - 20, 2013
IFC
WALK THIS WAY
Rendering is artist's impression.
ACT NOW! WELL UNDER CONSTRUCTION - MOVE IN THIS YEAR! introducing
M ERTO N YO NGE TOWNHOM E S
N
YONGE
➤
EGLINTON
The Streetside Collection Urban 1 and 2 storey Townhomes from 1000 to 1700 sq. ft. with vibrant street access and private interior gardens. Centrally located in the heart of Davisville village, flanked by the lively neighbourhoods of Eglinton & St. Clair and located at Yonge & Merton. Steps to the subway, parks, trails and great shopping.
Fresh Urban Towns from the low $500,000’s Tower Suites from the low $300,000’s
DAVISVILLE PRESENTATION CENTRE MERTON
TTC SUBWAY
SITE ST. CLAIR
To see up-to-date construction progress visit cresford.com Visit the New Presentation Centre 170 Merton St. Toronto, ON. M4S 1A1 416.484.1900 myccondo.com
BROKERS PROTECTED. PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. ILLUSTRATIONS ARE ARTIST CONCEPT. E.&O.E. april 6 - 20, 2013 new Condo Guide 151
LOFT 10’ & 12’ lofts in King West. Cool Layouts, Awesome Amenities in the heart of the Black Tie District at Adelaide and Brant.
Brokers Protected. Illustrations are artist’s concept. Prices and specifications are subject to change without notice. E. & O.E.
152 new Condo Guide april 6 - 20, 2013
PRESENTATION CENTRE 19 BRANT STREET SUITE 103 T.416.867.3999 LOFTS399.COM
RICHMOND ST. W N
CAMDEN ST. ADELAIDE ST. W KING ST. W
SPADINA AVE.
SPACIOUS LOFTS IN THE 400’s $
BRANT ST.
MOVE IN NOW
Trio Courtyard
Proposed LRT at your doorstep
Rooftop Terrace
GRAND OPENING
Lobby
PRICES STARTING
FROM $258,000* Parking Included PRESENTATION CENTRE
The
next great
phase of Atria.
The success of Atria continues with TRIO – the newest address in this North
2255 York community. TRIO at Atria is a 23-storey glass residence offering commuters SHEPPARD the ultimate in convenience with its prime location along the proposed Sheppard AVENUE EAST Avenue LRT** line connecting you to shopping, dining and entertainment. NORTH YORK (Unit 120 at Settlers Rd.)
PRESENTATION CENTRE HOURS:
CONTACT US
PHONE 416.645.8866 WEB TRIDEL.COM
Monday to Thursday 11 am – 7 pm, Friday closed, Saturday, Sunday & Holidays 12 pm – 6 pm
A Tridel Built Green. Built for Life.® community. *Prices and specifications are subject to change without notice. Illustrations are artist’s concept only. **Source: The City of Toronto Official Plan and the Agincourt Secondary Plan, a future bus and subway terminal or other transit related uses are proposed for this location. Building and view not to scale. Any retail uses will not be complete or available for use at the time of occupancy. Map not to scale. Tridel®, Tridel Built for Life®, Tridel Built Green. Built for Life.® are registered trademarks of Tridel and used under license. ©Tridel 2013. All rights reserved. E.&O.E. March 2013.
atria@tridel.com
Facebook.com/Tridel
Twitter.com/Tridel
tridel.com
unveiling soon in yorkville
T H E N E X T L E V E L O F YO R K V I L L E L I V I N G . Say oui to French-inspired elegance. Coming this spring, CASA III Condominiums, lobby to be furnished with Hermès. The international signature of style and sophistication takes up residence in Yorkville. Condominiums from $239,900. Register now casacondominium.com or 416-486-CASA(2272).
BROKERS PROTECTED. PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. ILLUSTRATIONS ARE ARTIST CONCEPT. E.&O.E.
MOVE IN NOW
Suite 607 PRICES STARTING
2E+D DESIGN FROM $341,500* Parking included
PRESENTATION CENTRE
52 VILLAGE GREEN SQUARE SCARBOROUGH Kennedy Road, north of Hwy. 401 CONTACT US
PHONE 416.293.5535 WEB TRIDEL.COM
Feel at home in the Ventus 2E+Dining suite, providing 838 sq. ft.* of gracious living. This corner suite offers an open concept kitchen overlooking the dining room, perfect for entertaining. The spacious two-bedroom design includes superior features and finishing details with a walkout balcony overlooking the eco-friendly Metrogate Park. Includes one parking spot. See the stunning lobby with attentive concierge, tour the Club Ventus recreational amenities and visit our 4 new designer decorated model suites. PRESENTATION CENTRE HOURS: Monday to Thursday 11 am – 7 pm Friday Closed Saturday & Sunday 12 pm – 6 pm
A Tridel Built Green. Built for Life.® community. *Prices and specifications are subject to change without notice. Tridel®, Tridel Built for Life®, Tridel Built Green. Built for Life.® are registered trademarks of Tridel and used under license. ©
Tridel 2013. All rights reserved. E.&O.E. March 2013.
metrogate@tridel.com
Facebook.com/Tridel
Twitter.com/Tridel
tridel.com