GTA New Condo Guide - Feb 18, 2017

FEB 18 - MAR 4, 2017 VOLUME 21, ISSUE 4, FREE

GTA EDITION

INSIDE THIS ISSUE

TIME TO ADDRESS THE GTA’S LACK OF HOUSING SUPPLY

10 MISTAKES HOMEBUYERS MAKE, AND HOW TO AVOID THEM

COFFEE TABLE TALK: 7 STYLES TO SUIT YOUR SPACE

from the

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Editor’s Note

There’s a buzz in the air

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

AT THE TIME OF WRITING, there’s a think blanket of snow on the ground, but don’t be fooled – spring is right around the corner and you can already feel the buzz in the air. Home hunters are coming out of hibernation, and new home and condo builders across the GTA are ready for the rush.

With so many great builders vying for your attention, how do you know which one is right for you?

Much of the information you seek is right at your fingertips, with the Internet at your disposal. What builders are out there? How long have they been in business? How many new communities have they completed?

What are they building, where, and for what price?

Be clear as to what you’re looking for in a new home, and determine which builders can deliver. Urban or suburban? Home or condo? Some builders specialize in small spaces, others in eco-friendly features, and others still are all about the luxury. Make sure you’re comparing apples to apples.

Once you’ve narrowed down your list, see the builders in person.

Visit their sales centres and model suites, speak with their representatives, and tour their communities – both completed and in progress, to see the team in action.

You can also ask someone who has been there, done that, for an honest opinion. Knock on some doors of a completed community by the builder you’re considering, and ask residents about their experience. What was their overall impression? How was the after-sales service? Did the builder meet the time-line for closing? Were there any problems with the home, and if so, how were they rectified? Would they buy from the same builder again, or recommend them to a family member? Why or why not?

A home is likely the biggest investment you’ll make in your lifetime. Make sure you’re making the right decision.

YONGE AND EGLINTON

SEE MORE PHOTOS ONLINE

The heart of midtown Toronto, Yonge and Eglinton is a vibrant community with a little bit of everything, like a financial centre, nightlife, businesses, entertainment, parks, dining – plus lots of upscale shopping. It’s also a great neighbourhood for strolling, and a perfect place to live if you are reliant on public transit. Read the full story… nexthome.yp.ca/Yonge-and-Eg

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FEB 18 - MAR 4, 2017 | NEW CONDO GUIDE 3

Contributors

BILD REPORT

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

VICE PRESIDENT & CHIEF PUBLISHING OFFICER

Caroline Andrews PUBLISHER & GENERAL MANAGER

Shawn Woodford DIRECTOR OF SALES

Moe Lalani

LEGALLY SPEAKING

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

ASSOCIATE PUBLISHER

Anne-Marie Breen SENIOR MANAGER, CONTENT

Jennifer Reynolds SENIOR EDITOR

Lydia McNutt ART DIRECTOR

Daiana Garay

CONDO PRO

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

CONTRIBUTING EDITORS

Sonia Bell Wayne Karl Elisa Krovblit DESIGN EDITOR

Yanic Simard

SENIOR ACCOUNT EXECUTIVES

STAT CHAT

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

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

SALES & MARKETING CO-ORDINATOR

Terry Bassett

PRODUCTION MANAGER

Helen Pearce PRODUCTION CO-ORDINATOR

DESIGNER ADVICE

Sandra Hanak-Vujnovic

YANIC SIMARD

GRAPHIC DESIGNER

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

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

Miguel Cea

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

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and information.

CIRCULATION Highly targeted, free distribution

FINANCIAL ADVICE

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

GAIL VAZ-OXLADE

COPYRIGHT 2017 All rights reserved by Yellow

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

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

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

E. & O. E.

MORTGAGE ADVICE

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

4 YPNEXTHOME.CA

EDITORIAL Submissions from interested parties will be

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

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FEB 18 - MAR 4, 2017 | NEW CONDO GUIDE 7

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

20

ON THE COVER

Plaza Midtown: Launching in Toronto’s must-live neighbourhood

+ online NEIGHBOURHOOD

HOME SEARCH

MORE +PHOTOS +VIDEOS +ADVICE +INSPIRATION +TRENDING

WITH

DYNAMIC MAPS

10 YPNEXTHOME.CA

LOOK FOR THE CIRCLE

property profiles

purchaser profiles

30 The Daniels Corp.

42 Emerald City

38

54 Cloud9 Condominiums

Back to the future with Daniels, at Mississauga City Centre

Camrost Felcorp

There is still time to buy at exciting Imperial Village Community

50 Marlin Spring

Embrace a fresh, new lifestyle at WestBeach Condominiums

Emerald City purchaser recognizes value when she sees it

Early childhood educator enjoying life as a Lash Group homeowner

30

17

News and views

More people, more competition, more common sense in a hot housing market

by Lydia McNutt

24 Condo pro

Cut through your clutter

by Barbara Lawlor

32

Stat chat

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

by Ben Myers

40 Money matters

RRSPs: They’re not just for retirement anymore

by Gail Vaz Oxlade

44 Homebuyers’ help

Ten mistakes homebuyers make, and how to avoid them

by Marnie Bennett

48 Legally speaking

Why do I need a real estate lawyer?

by Jayson Schwarz

inspiration

58 Designer advice

Coffee table talk: 7 styles and shapes to suit your space

by Yanic Simard

neighbourhood profile

38

33

Yonge and Eglinton

by Elisa Krovblit

buyers’ resource section

66 Hot properties 905

Previews, new releases and grand openings in the 905

trending

56 Finances

Millennials collide with retirement goals of their Boomer parents

22 Housing market news

Record year for new condo sales in 2016

28 Home builder awards

60 Housing market news Tight supply and strong demand means doubledigit price growth in the GTA this year

EnerQuality names awards finalists, inducting Paul Golini into Hall of Fame

36

by Wayne Karl

Housing starts

Housing starts numbers up in January due to boost in condo construction

52 Sales stats

Home sales rebound after new mortgage rules trigger a dip

advice

12

BILD report

It’s time to address the GTA’s lack of housing supply

by Brian Tuckey

67

Hot properties 416

Previews, new releases and grand openings in the 416

in every issue

02 Editors’ note 04 Contributors 78

Advertiser index

79

What’s online

district maps

68 Toronto and Waterfront 74 905 region

FEB 18 - MAR 4, 2017 | NEW CONDO GUIDE 11

Advice | BILD REPORT

It’s time to address the GTA’s lack of housing supply

By Bryan Tuckey

MORE ADVICE ONLINE ypnexthome.ca/news/advice

IT’S TIME FOR GOVERNMENTS to acknowledge that we have a severe shortage of housing supply in the GTA, and take action to address it.

There are not enough new homes coming to the market to meet the demands of our growing population, and that is causing new, resale and rental housing prices to rise.

In the last decade, the GTA’s population has grown considerably but housing supply has dropped.

There are less than half the number of homes available for sale today than there were 10 years ago. Last month there were 13,670 new homes in builder inventories, whereas in December 2006 there were 30,400.

The biggest decline was in lowrise homes with the number of detached, semi-detached homes and townhomes falling from 17,529 in 2006 to 1,878 at the end of 2016.

The industry is building and selling far fewer lowrise homes than a decade ago in compliance with provincial intensification policy, but demand for such homes has remained strong and prices have soared.

Prices for new lowrise homes in the GTA have more than doubled in 10 years with the average hitting $995,116 in December 2016. On average new single-family detached homes cost $1.3 million last month, which is $811,394 more than in December 2006.

The GTA’s new condo market had a record year in 2016 with 29,186 12 YPNEXTHOME.CA

units – the most ever – sold. At the same time the supply of new condos available to buyers fell to its lowest level in 10 years.

So, why doesn’t the home building and land development industry just build more homes to meet demand?

Unfortunately, we are hindered by a number of barriers including a lack of approved developable land that is serviced with critical infrastructure, outdated zoning, excessive red tape and NIMBYism.

Much of the land designated for development in the GTA does not have critical infrastructure like water, wastewater and hydro in place, so the land can’t currently be built on. In some cases, that infrastructure won’t be in place for at least another decade.

Excessive red tape and increasing delays in planning approvals are also adding to project time-lines and impacting supply. It can take up to a decade or more to get a typical new lowrise development to get approved, and highrise projects can take up to seven years. Outdated zoning bylaws in many GTA municipalities create additional delays to the approval

process. All new development applications must conform to area zoning bylaws to get approved but lots of municipalities have badly outdated bylaws that don’t conform to provincial intensification policies.

Addressing our housing supply problem should be made a priority by governments at all levels. It’s time to streamline the planning approval process and remove red tape, approve all outstanding environmental assessments that relate to critical infrastructure, predesignate and pre-zone land and ensure that all zoning bylaws are updated across the region.

This is not a time for small plans.

It’s time to work together and address our housing supply crisis so that today’s new-home buyers and future generations have somewhere to live.

Bryan Tuckey is president and CEO of the Building Industry and Land Development Association (BILD) and a land-use planner who has worked for municipal, regional and provincial governments. Follow him on Twitter (twitter.com/bildgta), Facebook (facebook.com/bildgta) and BILD’s official online blog (bildblogs.ca).

FEB 18 - MAR 4, 2017 | NEW CONDO GUIDE 13

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FEB 18 - MAR 4, 2017 | NEW CONDO GUIDE 15

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Advice | NEWS AND VIEWS

More people, more competition, more common sense in a hot housing market

By Lydia McNutt

MORE ADVICE ONLINE ypnexthome.ca/news/advice

STATISTICS CANADA HAS RELEASED

the first installment of data gathered in the 2016 Census, with this initial snapshot offering insight on Canada’s population and dwelling counts. What have we learned?

Canada is growing.

Back in 1871, when the first census was recorded, there were 3.5 million people living in Canada. By the time Canada reached its 100th birthday, its population had grown to 20 million. In 2016, we surpassed 35 million people – up five per cent from the last count in 2011, and 10 times greater than the first tally postConfederation.

This is the fastest rate of population growth among the G7 countries, according to Statistics Canada.

Reflective of Canada’s rising population, there are now more big cities. In 2016, there were 35 census metropolitan areas (with a population of at least 100,000, of which 50,000 or more live in the core), versus 33 in 2011. The newest members of the “big city” club are Lethbridge, Alta. and Belleville, Ont. Even Canada’s small towns are getting bigger, with eight new Census Agglomerations (CAs) counted in 2016 versus 2011, with a core population of 10,000 people or more.

Canada’s three largest CMAs – Vancouver, Toronto and Montreal – were home to more than one-third of the entire population, housing 35.5 per cent, or a combined 12.5 million people.

If you live in one of these cities, or you aspire to, then you already know that these housing markets can be competitive, pricey and, at times, unpredictable in the short term.

You also likely know that housing in these markets has historically been a profitable venture in the long term.

Think about it: what other investment vehicle allows you to purchase something and use it daily, while it continues to appreciate in value? It’s no wonder that real estate is a hot commodity.

If you’re embarking on this ambitious endeavour, here are some tips for keeping your cool in a hot housing market: 1. Set your budget and perhaps more importantly, stick to it! Multiple offers may be rolling in on your dream home, but don’t let yourself become a bidding war casualty. A home is only worth so much. It’s up to you to decide what that magic number is.

2. Work with the pros. Your real estate agent, financial advisor/lender and lawyer are your holy trinity – all key resources in the homebuying process.

Their job, aside from collecting their fee, is to help you keep your emotions

in check and make a purchasing decision based on facts and figures, not emotions.

3. Know when to quit. Just because a competing bid comes in $300,000 over asking (as is commonly the case in Toronto and Vancouver!), that doesn’t mean the home is actually worth that much – and it definitely doesn’t mean you’ll get that return on resale, if that’s what you’re banking on.

Make a smart bid that reflects what the home is actually worth. Compare the property you’re considering buying to others that sold in the same area.

Your realtor has access to the Multiple Listing Service (MLS), allowing you details on sales volumes, average price and days on market, both by housing type and neighbourhood, allowing you to make a fair offer that you can live with.

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

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

FEB 18 - MAR 4, 2017 | NEW CONDO GUIDE 17

18 YPNEXTHOME.CA

FEB 18 - MAR 4, 2017 | NEW CONDO GUIDE 19

Property Profile | PLAZA MIDTOWN

cover story

Plaza Midtown to launch in Toronto’s must-live neighbourhood IT’S NO WONDER THAT YONGE AND EGLINTON has become one of the most

desirable places to live in Toronto. It’s at the centre of a public transit hub and a dynamic business environment, and has a wealth of shopping, dining and entertainment choices.

20 YPNEXTHOME.CA

While the legions of 20-somethings who worked and played in the neighbourhood inspired the area’s ‘Young and Eligible’ nickname, Yonge and Eglinton is truly a neighbourhood for everyone, from singles to families to Baby Boomers. The community is rich in amenities like schools, parks, trails and sports facilities, and has programs and activities for all ages.

In March, Plaza will launch a new condominium between Holly

Street and Dunfield Avenue, Plaza Midtown, in a prime location in the heart of this vibrant community. The project continues Plaza’s winning tradition of building in Toronto’s most sought-after, transit-oriented neighbourhoods. With a Walk Score of 98, Midtown has easy access to the subway and the new Crosstown LRT line, and just steps away are shops, eateries, services and parks.

Sunnybrook Hospital is also nearby.

Locations on subway lines plus excellent service have proven to be a winning formula for Plaza, Toronto’s leading residential condominium construction and development company.

“We find for most of our condo buyers, the subway is their top priority,” says Scott McLellan, senior vice-president at Plaza. They also enjoy living in highly walkable neighbourhoods that offer great shopping, dining and entertainment.

Identified by the province as one of five Urban Growth Centres in Toronto, Yonge and Eglinton’s exciting transformation continues, attracting not only condo development, but new businesses including popular retailers like Lululemon, Sephora, Indigo and Winners, and hot new restaurants.

Plaza Midtown offers buyers the opportunity to be near all the action of Yonge and Eglinton, as well as close

to peaceful, tree-lined residential streets with older homes where young parents push baby strollers and dog owners walk their pets.

The project will include two towers – a 34-storey tower on Dunfield and a second 27-storey building on Holly Street that will include eight townhomes. The towers will be connected by an underground passageway, and there will be two sets of five-star amenities including spectacular lobbies, decks with barbecues, party and dining rooms, an outdoor pool and state-of-the-art fitness facility.

Suites include one-bedroomplus-den layouts, from 600 to 730 sq. ft. and priced from $415,000; two-bedroom plans, including many corner or wide-shallow units from $490,000; and three-bedroom units from 825 to 900 sq. ft. and starting at $580,000.

Plaza’s generous two-bedroom suites were an instant hit with buyers at some of its other projects.

With lowrise homes beyond the affordability realm of many buyers, the suites offer a practical alternative and room to grow.

As well as the superbly designed buildings and suites in the best locations in the city, Plaza buyers appreciate the company’s commitment to customer service.

Plaza was a finalist in the highrise

Location

Yonge and Eglinton, Toronto Builder

Plaza Development

Plaza Midtown Home Type

One-bedroom-plus-den layouts from 600 to 730 sq. ft.; two-bedroom plans; and three-bedroom units from 825 to 900 sq. ft.

Contact

pureplaza.com

category of Tarion’s prestigious 2016 Homeowners’ Choice Awards, which recognize home builders who provide consistently high quality of construction, design and customer service.

“We have more customer care people assigned to a project than many other builders,” says McLellan.

“Our team works closely with buyers to make sure they have a satisfying experience. Our goal is to have zero deficiencies and to provide buyers with new suites that are as ready as if they are walking into a new hotel suite.”

For more information on Plaza and its coming projects, visit pureplaza.com FEB 18 - MAR 4, 2017 | NEW CONDO GUIDE 21

Trending

Record year for new condo sales in 2016 Drop in supply pushing up prices in the core CONDOMINIUMS HAVE hit a new high in the Greater Toronto Area – literally.

A total of 27,217 new condo units changed hands in 2016, representing a 34-per-cent increase over 2015, and marking a new record high, according to the latest market report from Urbanation.

Remarkably, sales totals topped the previous record set in 2011 on much fewer new pre-construction launches (18,466 in 2016 versus 28,204 in 2011). Activity ended the year strong with 7,422 sales in the fourth quarter, up 18 per cent year-over-year.

High demand coupled with a six-per-cent drop in new launches last year pushed unsold inventory in development down by 47 per cent to a 10-year low of 9,932 units, which equals just 4.4 months of supply. To put that in perspective, a balanced market for new condos is approximately 10 months of supply.

New condo sales increased the most in suburban 905 regions in 2016, up 82 per cent to a high of 8,703 units. This represents a record share (32 per cent) of GTA activity.

Sales were also up 57 per cent in the outer-416 areas of Etobicoke, Scarborough and North York (7,397 units) on higher new launch activity last year. The former City of Toronto saw minimal gains of three per cent, at 11,116 units, as launches dropped by 40 per cent. The supplyand-demand imbalance was most pronounced in old Toronto, where unsold inventory fell 57 per cent to 3,503 units, or 3.8 months of supply.

The overall average index price for sold units in active development across the GTA continued to grow at a moderate annual pace of three per cent in the fourth quarter of 2016 (to $598 per sq. ft.), attributed to the shift 22 YPNEXTHOME.CA

MORE TRENDING ONLINE ypnexthome.ca/news

in activity in lower-priced suburban markets. Within the former City of Toronto, average selling price for projects launched in 2016 reached $746 per sq. ft., a 14-per-cent increase over 2015. At the end of 2016, remaining inventory in new projects in old Toronto was offered at $795 per sq. ft.

The drop in inventory will limit the market’s ability to top 2016’s record activity. Urbanation is forecasting 23,000 new condo apartment sales in 2017, with the expectation that developers will respond to present market conditions by launching a greater number of new projects this year.

“The new condo market is experiencing broad-based demand that will carry forward in 2017,” says Shaun Hildebrand, Urbanation’s senior vice-president. “Buyers priced out of the lowrise segment, a surge

in rental demand, and increased attention from investors are placing heavy downward pressure on condo inventories, which will support strong price growth this year.”

A record volume of 25,187 resale condos were sold in the GTA in 2016, up 22 per cent annually and representing a high of 26 per cent of all GTA resales last year. Total listings in the quarter were down 14 per cent year-over-year. This divergence caused the sales-tolistings ratio to hit a record 80 per cent in the fourth quarter (up from 55 per cent year-over-year), which led prices to grow at annual rate of 16 per cent. At an average unit size of 861 sq. ft., the average resale price reached $458,000, or $532 per sq. ft.

For the first time, condo apartments represented the majority (59 per cent) of all resale activity in the GTA below the $500,000 price point.

FEB 18 - MAR 4, 2017 | NEW CONDO GUIDE 23

Advice | CONDO PRO

Cut through your clutter

By Barbara Lawlor

MORE ADVICE ONLINE ypnexthome.ca/news/advice

IF YOU’VE PURCHASED a new condo, or if you’re planning to, It’s time to start the de-cluttering process.

You know, the boxes of items you never use but have avoided getting rid of because you might need them someday, or because they hold sentimental value, or you only purchased because they were on sale.

The good news is that buying a new condominium usually means you have quite a bit of time to organize and sort your stuff before you move in. First, you need to measure up and figure out which furniture items you own and wish to keep that will actually fit into your new space. Get the floor plan and dimensions from your builder, and when you go for your Pre-Delivery Inspection, you can measure again to be sure. Then begin the purging process.

Even for condo buyers who are keen to de-clutter and simplify their belongings, however, the task may seem overwhelming. One approach is the garage/yard sale – one of the oldest forms of recycling. Put the money you make toward closing costs or buying new items that fit with your convenient condo lifestyle. You may sell a large dining room set, for example, and purchase one of the modern coffee tables with a swing-up top that can serve as a dining table.

There are several other ways to de-clutter, of course. People often give away possessions to their family and friends, which is another way to recycle. Heirlooms and cherished items can be welcome additions in the homes of those who mean a lot 24 YPNEXTHOME.CA

to you. Whether they are antiques, appliances, toys or household accessories, wouldn’t it be lovely to know that someone you love will be using and appreciating these items?

Your cast-offs can also be donated to charity shops, which is also a great way to pass things along. And of course, there is the trash can for items that are beyond salvage – and who doesn’t have a few of those hanging around?

I also know of many people who have hired a home organizer.

Contrary to what you may think, an organizer will not try to force you to throw out items you really want to keep. In reality, these professionals have an eye for organization – for sorting piles and closets of things into categories, then guiding you through a process that helps you gradually weed out items. This is a wonderful time to designate heirlooms to go to family members without feeling rushed. The beds and dressers that you will not need in your new condo could solve a problem for an acquaintance with growing children.

Remember the Internet? You can actually get rid of unwanted stuff there – for free! There are a number of sites that specialize in recycling “gently used” items. Simply post your free ad, and the deal is that the first person who responds who is willing to come and pick up the item gets it free. And there are other sites where you can sell things online.

And remember that a neat, tidy, uncluttered house will sell more quickly than one that is packed full.

One of the first things home stagers do is suggest de-cluttering. Move into your gorgeous new condo with enough stuff to keep you happy yet allow the design, features and finishes to shine.

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.

BURLINGTON Get to your zen place in less than two minutes

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The design is just your style. There’s no upkeep, because it’s a condo. That means you can lock and leave on vacation! The amenities are exactly what you want, like a welcoming lobby, yoga room, gym, lounge, business centre, party room, terrace with bbq, bike storage, electric vehicle recharging and private parkette. Everything you already love about Burlington is right around the corner. It’s time to see how much better life can be. Visit Affinity today!

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Renderings are Artist’s concept. Prices, specifications and information correct at press time. Map not to scale. E & O.E. FEB 18 - MAR 4, 2017 | NEW CONDO GUIDE 25

THE GTA’S GREATEST

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

26 YPNEXTHOME.CA

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

FEB 18 - MAR 4, 2017 | NEW CONDO GUIDE 27

Trending

EnerQuality names awards finalists, inducting Paul Golini into Hall of Fame EACH YEAR AT THE Housing Innovation Forum, the EnerQuality Awards recognize the leaders, influencers and innovators in the residential Green building and construction industry in Ontario.

The careful review process of award nominees culminates with the EQ Awards ceremony on Feb. 23, 2017 at the Universal EventSpace in Vaughan.

The EQ Housing Innovation Forum is where new thinking, new products and new techniques are shared with the goal of advancing building performance. This year brings a focus on innovation in building science, climate change policy, and performance-based architecture. It also brings back the ever-popular Dragon’s Den-style Innovation Gauntlet.

While everyone else has to wait until Awards night, Paul Golini, executive vice-president and cofounder of Empire Communities, knows he is this year’s EQ Hall of Fame inductee. Paul joins an illustrious group of Green building champions who share the Hall of Fame, including recent honorees such as Andy Goyda, Canadian builder lead and market development manager for Owens Corning Canada

and Peter Gilgan, founder and CEO of Mattamy Homes.

This year, the categories have been expanded to include the Builder Achievement Award, developed to honour an outstanding individual who

2017 EQ Award Nominees Building Innovation – Lowrise Arista Homes Doug Tarry Homes Lindvest Mason Homes Reid’s Heritage Homes RND Construction

Lisa Bergeron, JELD-WEN Windows & Doors Marlon DaSilva, Mosaik Homes Robert Lucchetta, Lucchetta Homes

Energy Star for New Homes Builder of the Year – Small/Custom Castleform Developments Gemini Homes Lucchetta Homes SanDiego Homes

Best Green Renovation Project of the Year

Energy Star for New Homes Builder of the Year – Mid Volume

Eurodale Developments RND Construction Seaman and Sons Builders

Best Green Marketing Campaign of the Year Great Gulf Menkes Developments

Building Knowledge John Godden RGL Consultants Mark Rosen Matthew Salkeld Jack Zhou

R-2000 Builder of the Year RND Construction Seaman and Sons Builders Sloot Construction Steve Snider Construction

Net Zero Builder of the Year Doug Tarry Homes Lucchetta Homes Minto Group Inc. Reid’s Heritage Homes

28 YPNEXTHOME.CA

Energy Star for New Homes Champion of the Year

Greenpark Times Group Corp.

Tricar Group

Building Innovation – Mid-Highrise

Evaluator of the Year

Paul Golini

is making significant contributions to their organization and community through their commitment to continuous learning, passion and leadership in improving Green building practices.

Arista Homes Coscorp Doug Tarry Homes Mason Homes Sean Mason Homes Tartan Homes

Energy Star for New Homes Builder of the Year – Large Volume CountryWide Homes Empire Communities Minto Group Inc. Remington Homes

Ontario Green Builder of the Year Arista Homes Empire Communities Mason Homes Minto Group Times Group Corp.

Reid’s Heritage Homes

Builder Achievement Award Jacqueline Collier (Tamarack Homes) John Corvinelli (Corvinelli Homes) Stephen Doty (Empire Communities) Roy Nandram (RND Construction) Doug Tarry (Doug Tarry Homes) Jennifer Weatherstone (Reid’s Heritage Homes)

Daniels City Centre

COMING THIS summer

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

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

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

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

FEB 18 - MAR 4, 2017 | NEW CONDO GUIDE 29

Property Profile | THE DANIELS CORP.

BACK TO THE FUTURE WITH DANIELS AT MISSISSAUGA CITY CENTRE

DANIELS WILL BRING OVER 34 YEARS OF EXPERIENCE in

master-planning and quality home-building to this hot location!

Just when you think The Daniels Corporation has reached the pinnacle of new home offerings in Mississauga, the company comes up with a surprise.

This time, it’s a brand new addition to their iconic 2330 YPNEXTHOME.CA

acre, master-planned, mixed-use community, Daniels City Centre! Yes, this summer, Daniels will be back with a new 40-storey residential tower at Confederation Parkway and City Centre Drive – in the midst of one of the Greater Toronto Area’s most

Location

Mississauga Builder

The Daniels Corporation Development

Mississauga City Centre Home Type

one-bedroom, onebedroom-plus-den, two-bedroom, twobedroom-plus-den suites, plus a limited number of three-bedroom layouts Contact

DanielsCityCentre.com 905.819.8889

amenity-rich neighbourhoods.

Imagine living mere moments to Square One, the largest mall in Ontario and a premier shopping destination in the GTA, with more than 320 shops, services, dining and entertainment options. Take courses at Sheridan College, gather with neighbours for festivities at Celebration Square, enjoy live theatre at the Living Arts Centre, revel in nature in the community’s three-acre public park, take in the beauty of stunning public art, and stroll along the convenient central mews to get around. If you work in Toronto,

Mississauga Transit and GO Transit are available right there, and access to Hwys. 403, 401 and 407 is just minutes away.

No wonder the demand is there for more chances to live right in Daniels City Centre. Daniels has a long reputation for excellence in Mississauga, having established the first master-planned community in the City Centre in 2004 with The Capital Condominiums. Since then, Daniels condominiums in that location have received several design awards. Today, the community’s fascinating architectural landscape spans the gamut from the gargoylefestooned One Park Tower to the glowing green rooftops of Limelight Condominiums and the unique aesthetics of Chicago Condominiums, which is inspired by the Chicago School of Architecture.

Daniels’ new condominium will offer one-bedroom, one-bedroomplus-den, two-bedroom, twobedroom-plus-den suites, plus a limited number of three-bedroom layouts in the podium. Both suite designs and building amenities will be family friendly.

To ensure the very best chance

to purchase a brand new suite in this incredible location, registrants can join the Daniels City Centre Inner Circle. Membership entitles you to be among the first to purchase, with an invitation to Daniels’ Preview Event including the First Advance Sale before the general public.

Inner Circle members will have the most comprehensive selection of suites, floors and views to choose from. To join, a $300 registration fee is required, which will be applied toward the purchase of your suite, or fully refunded if you choose not to purchase.

The Daniels Corporation (danielshomes.ca) is one of Canada’s preeminent builders/developers, building more than 27,000 new home communities across the Greater Toronto Area for over 34 years.

Among its many initiatives, Daniels was chosen to partner with Toronto Community Housing to revitalize Regent Park – 69 acres in Toronto’s Downtown East. Committed to community, Daniels offers innovative programs that help people achieve home ownership, champions neighbourhood initiatives that enhance quality of life, and supports numerous charities and non-profit organizations. Most recently, Daniels was named the 2016 High Rise Builder of the Year at the Tarion Homeowners’ Choice Awards.

For decades, Daniels has worked hard to offer the best new home communities in Mississauga.

Discover how you can become part of this remarkable community so you, too, can “Love Where You Live.”

To be among the first to explore what Daniels City Centre has to offer or to join the Inner Circle, register today by visiting online at DanielsCityCentre.com or call 905.819.8889.

FEB 18 - MAR 4, 2017 | NEW CONDO GUIDE 31

Advice | STAT CHAT

Is the Toronto condo market too hot?

By Ben Myers

MORE ADVICE ONLINE ypnexthome.ca/news/advice

ALTUS DATA SOLUTIONS released their 2016 year-end figures in January and new condominium apartment sales in the Greater Toronto Area (GTA) surpassed 29,000 last year, a 30-percent increase over 2015, and a new record high. According to the Toronto Real Estate Board (TREB), just under 30,000 resale condos were traded in the GTA in 2016, an increase of 18 per cent year-over-year.

Average new condominium prices jumped 11.9 per cent annually in the GTA, but they might be going a lot higher in 2017. The resale market is often a leading indicator for future trends in the new market and things are getting nutty in the existing highrise condo market. In January, the MLS Home Price Index for condominium apartments in the GTA overall increased 18.7 per cent annually, but was up 20.6 per cent in Peel Region, 21 per cent in York Region and a whopping 25.9 per cent in Durham Region.

When prices rise to this extent, people start to worry. Is the market too hot? Are there too many speculators? Will there be a correction? When an asset bubble forms, it is typically the result of people buying solely because they think house prices will increase, not because they can justify the price they are paying is based on market fundamentals. Interestingly, a survey of GTA renters by the Altus Group found that 37 per cent of respondents under the age of 45 felt buying a 32 YPNEXTHOME.CA

home is not a good investment or it was not the right time to buy. About 19 per cent of renters and 13 per cent of current homeowners in Toronto are looking to buy a house in 2017 according to a separate poll question

by Altus. Neither of these figures scream over-exuberant buyers.

If it is not locals driving up the market, perhaps foreign dollars are the culprit. The Toronto Real Estate Board conducted a survey of realtors and found that about five per cent of purchases are made by foreign buyers, or approximately 5,650 transactions in 2016. Based on realtors' knowledge of their clients' expected use of the property, about 2,300 of the 5,650 foreign buyers will use the home as their primary residence, 1,500 will rent the property, 850 purchased it for a relative to live in, and about 170 plan to keep it vacant. It is difficult to ascertain how much more these foreign buyers are paying for property above what a domestic buyer would pay. Perhaps they offered the same

price with better conditions, one per cent more, five per cent more, 20 per cent more? Although it is not ideal to have 170 houses sitting vacant in the GTA in the midst of a housing crisis, but that represents less than one per cent of the 113,000 overall resale transactions last year.

The number of new listings of condominium apartments in the GTA declined 25 per cent year-over-year in January. Low supply and high demand results in rapid price growth.

Time will tell whether the Toronto housing market is too hot and why it got so hot. To protect yourself, it is always advisable to buy a unit you can see yourself living in for five years or longer, and make sure you stay within your budget.

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

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

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

REGISTER AT MENKES.COM

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THE EGLINTON

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Penthouses from $780,990 416.591.7700

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

M E N K E S .C O M

@MENKESLIFE

Neighbourhood Profile

Yonge and Eglinton

By Elisa Krovblit

Fast facts

MORE PHOTOS ONLINE nexthome.yp.ca/Yonge-and-Eg

Average household income

$87,220 THE HEART OF MID-TOWN, Yonge

and Eglinton is a vibrant community with a little bit of everything, like a financial centre, nightlife, businesses, entertainment, parks, dining – plus lots of upscale shopping. It’s also a great neighbourhood for strolling, as well as a perfect place to live if you are reliant on public transit.

The lifestyle This is a great neighbourhood for those who love to get out and enjoy plenty of community resources and amenities. It’s got excellent night life and activity throughout the day.

From parks and sports to socializing and group activities, there really is something for everyone – at any time of day.

The vibe The vibe of this neighbourhood is a busy pace in the hub – right at Yonge and Eglinton – but the side streets are quiet and tranquil, with large, old trees and well-kept homes boasting manicured lawns. It’s a cool part of town, definitely attracting active and outdoorsy residents.

Meet the neighbours Sometimes referred to as “Yonge and Eligible,” the neighbourhood definitely has an element of young single professionals out to enjoy their community. There’s a wide range of pubs, lounges and shopping to meet that demand. There are also a lot of older, active adults on the move, with upscale and posh residences in the area. Affluence is definitely notable in this ‘hood.

In the area The area has a large shopping centre and business complex at Yonge and Eglinton. The library as well as several schools – both public and private – are in the area, including the prestigious Havergal College for girls and Upper Canada College for boys. Eglinton Park is massive, with everything from tennis and baseball diamonds to a playground and winter ice skating.

Planes, trains and automobiles Yonge and Eglinton is right on the Yonge subway line and the station is a really busy one. The area is well

Family structure

FAMILIES

COUPLES

SINGLES

14%

29%

57%

Own vs. rent

75%

RENTERS

25% OWNERS

Cheers!

41%

33%

RED WINE

WHITE WINE

SOURCE: ENVIRONICS

FEB 18 - MAR 4, 2017 | NEW CONDO GUIDE 33

served by public transit for those who don’t have a car. Mount Pleasant and Avenue Road are also great access routes to the city when Yonge Street is too busy.

Hot Spots

The good and the bad If you’re going to live here, be prepared for lots of traffic, bustle and noise – both of the car kind and pedestrian. It’s been rated very highly as a walking-friendly area.

Dollars and sense While there are still some deals and budget dining, the area is known for its upscale shopping and five-star restos. Likewise, the homes here – for purchase and for rent – are on the upper end of the price spectrum.

Real Estate Market The real estate market in Yonge ‘n’ Eg is healthy if not hitting its limit. A number of new condos have been completed with an upscale feel. There are also several older buildings that have been updated and condo-ized, and a lot of storefront walk-ups, though many of those are still used for commercial purposes to take advantage of the busy Yonge Street strip.

Yonge Eglinton Centre It has a “neighbourhood-contained-in-abuilding” feel. There are a few brands, food outlets and all the essentials – the bank, grocery, pharmacy, LCBO – all under one roof, with a movie theatre and a massive bookstore.

Copacabana

Street Corner “My husband grew up in this neighbourhood. We lived further east – more Leaside for a while, but he really wanted to come back. It’s easy enough to get around and everything is in walking distance from our home.”

– Richard, stay-at-home dad “I grew up in the area and just love it here. I don’t plan on moving to any other part of the city. For what? I’ve worked in a few spots, they’re busy and I really enjoy the customers.”

– Rachel, server “I moved here a few years ago from Oakville. I didn’t want to be right downtown because it seemed too hectic and congested, but I wanted to be in a neighbourhood with lifestyle that would be an easy commute.”

– Ben, lawyer

A Brazilian steakhouse, it’s more than just a destination for a meal. The dining room comes alive as caballero-waiters circulate with different meats grilled on a spit, serving endless hunks of meat and seafood.

Rose and Crown A good ole Irish pub, the Rose and Crown is also a sports bar and music venue where the pints flow and the darts fly. It’s been the neighbourhood local for more than 35 years.

Sporting Life This athletic department store is located on Yonge Street. Running, biking, snow sports, personal training, yoga and gear for any other activity can be found in stylish and durable trends.

The Cupcake Shoppe The sweetest of treats, cupcakes aren’t just for little kids anymore. With decadent flavours and artistic aesthetics, these bakers were one of the first to bring the hip and high-end cupcake to Toronto.

Uncle Betty’s Diner Proving the neighbourhood really does have a soft spot for young families, this diner is kidfriendly without disregarding the adult palette.

Good portions and a light atmosphere, this diner/ ice cream shoppe is a hit.

34 YPNEXTHOME.CA

FUTURE PERFECT CONDOS.™

ILT FOR IT.

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

FEB 18 - MAR 4, 2017 | NEW CONDO GUIDE 35

Trending

Housing starts numbers up in January due to boost in condo construction

HOUSING STARTS in the Toronto Census Metropolitan Area (CMA) trended at 39,465 units in January compared to 37,285 in December, according to Canada Mortgage and Housing Corp. (CMHC). The trend is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR) of housing starts.

“The total housing starts trend rebounded in January due to higher apartment starts,” says Dana Senagama, CMHC’s principal market analyst for the GTA. “High demand and limited supply in the resale market continue to lead homebuyers to opt for new homes.”

CMHC uses the trend measure as a complement to the monthly 36 YPNEXTHOME.CA

MORE TRENDING ONLINE ypnexthome.ca/news

SAAR of housing starts to account for considerable swings in monthly estimates and obtain a complete picture of the state of the housing market. In some situations, analysing only SAAR data can be misleading in some markets, as they are largely driven by the multiples segment of the markets which can be quite variable from one month to the next.

The standalone monthly SAAR was 52,941 units in January, up from 34,477 units in December. The

increase was largely the result of greater apartment starts.

The City of Toronto recorded the highest number of starts among municipalities this month, as construction began on a large number of new apartment units.

Not far behind was Mississauga, which also saw a healthy number of apartment starts. This was followed

by Brampton and East Gwillimbury, where construction started on a number of ground oriented units.

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FEB 18 - MAR 4, 2017 | NEW CONDO GUIDE 37

Property Profile | CAMROST FELCORP

There is still time to buy at exciting

Imperial Village Community THIS IS THE LAST CHANCE for buyers looking to score a great location and loads of amenities, at Camrost Felcorp’s shining Blue Diamond Condominiums.

When a luxury master-planned community moves into Deer Park— one of Toronto’s most sought-after neighbourhoods—buyers take notice.

Camrost Felcorp’s Imperial Village has been transforming Avenue and St. Clair West with its meticulously designed offering of condominiums, townhomes and first-class amenities, and Blue Diamond—the developer’s latest phase in the community—is giving condo buyers one final opportunity to move in at preconstruction pricing.

38 YPNEXTHOME.CA

For a limited time only, buyers will also receive some very special incentives. A free storage locker and two years of maintenance fees means this is the perfect time to buy.

Depending on the suite chosen, this represents a savings of up to $15,000.

A flexible deposit structure is also available. Ask for details.

“Deer Park is such a well established, amenity-rich neighbourhood, so the enthusiasm we’ve seen comes as no surprise,” says Camrost Felcorp President and CEO David Feldman.

“People want to work, play and live their lives within one great location of the city, and this desirable lifestyle is seamless at Imperial Village.”

With more than 40 years of industry

experience, developer Camrost Felcorp has a reputation for creating iconic residences with striking architecture and timeless elegance, to which Blue Diamond is certainly a testament. The 26-storey tower mingles the old with the new by weaving a Toronto heritage site into its modern glass and metal design.

Blue Diamond sits on the site of the former Deer Park United Church built in 1913. Architect Don Schmitt of Diamond Schmitt Architects designed the condominium tower to rise from behind the church site—now an open-air public courtyard enclosed by the original exterior walls of the church. Residents will enjoy relaxing and getting to know their neighbours

Location

Deer Park, Toronto Builder

Camrost Felcorp Development

Blue Diamond Condominiums at Imperial Village Home Type

one-bedroom, onebedroom-plus-den and two-bedroom designs Sales Centre

1499 Yonge St., just north of St. Clair Contact

416.925.2501 bluediamondcondos.ca

in this picturesque historical space before heading home to their suites.

From Blue Diamond’s contemporary two-level lobby with concierge station, residents can soar to their suites on the building’s custom, high-speed elevators.

Residences feature sleek, laminate plank flooring in principle rooms, and the chef’s kitchen includes custom designer European-style cabinetry with stylish stone countertops and

fully integrated refrigerator and dishwasher. Home cooks will also enjoy the built-in under-counter electric oven and four-burner smooth-top electric cooktop.

Bathroom retreats contain imported porcelain or ceramic tile flooring, and are adorned with European-style vanity cabinets, wall-mounted light fixtures, relaxing deep soaker tub and chrome-finished accessories.

Residents’ enjoyment of Blue

Diamond certainly won’t end at their doors. In addition to exclusive access to the building’s lounge space, games room and sculptural garden, among other on-site amenities, the Imperial Village Community shares an impressive 20,000-sq.-ft. fitness and leisure facility – The Imperial Club, including a state-of-the-art fitness auditorium with cardio, circuit training equipment, exercise studios, a pool complex and much more.

“This development offers residents unparalleled location, distinctive architecture, elegant design and an amenity package that ranks amongst the finest in the city, and Imperial Village represents a gold standard in luxury condominium living,” says Feldman.

A good selection of well thoughtout designs is available including onebedroom, one-bedroom-plus-den and two-bedroom designs. Sizes start from 540 sq. ft. and prices start in the $400,000s.

Don’t forget to ask about the special incentives and flexible deposit structure.

For your chance at a condominium life ‘at its best’, visit the Blue Diamond sales centre at 1499 Yonge St., just north of St. Clair. Hours are Monday to Thursday from noon to 6 p.m.; or on weekends between noon and 5 p.m. Call 416.925.2501 or visit bluediamondcondos.ca.

FEB 18 - MAR 4, 2017 | NEW CONDO GUIDE 39

Advice | MONEY MATTERS

RRSPs: They’re not just for retirement anymore

By Gail Vaz-Oxlade

MORE ADVICE ONLINE ypnexthome.ca/news/advice

THERE WAS A TIME when the only

thing a Registered Retirement Savings Plan (RRSP) was used for was saving for retirement. But this is no longer the case.

The government lets you use your RRSP as a savings plan for a down payment on a home. It lets you use your RRSP to finance your on-going education. And those who wish to raise a family or go on sabbatical have long employed the RRSP as an income-averaging tool. It’s even used as an emergency fund by those who have suddenly found themselves unemployed. It’s fair to say that the RRSP has become Canadians’ favourite savings account.

The problem with RRSPs being all things to all people is that its wider scope, its greater flexibility, its move from a hands-off-don’t-ever-touchthe-money retirement plan to a you-can-use-it-whenever-you-canjustify-it savings account is that the process of identifying your investment strategy has become more complex.

Most people say they don’t have enough money to maximize their RRSP and set aside a non-registered emergency fund, which explains the overlap between retirement savings and other types of savings that often takes place within an RRSP. The first question you have to ask yourself when you’re trying to choose investments for your RRSP is, “When am I going to use this money?” If you’re using a portion of your RRSP savings as your emergency 40 YPNEXTHOME.CA

fund, then keep that portion of the RRSP assets fairly liquid so you can get at the money if an emergency arises. If you’re going to tap into your RRSP within the next year or three to buy a home, that money isn’t destined for long-term investment.

You’ve got a short- to medium-term investment horizon and must choose investments that suit. So you’ll have to forgo equities in favour of a moreconservative investment portfolio.

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

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

of the original contributor. And that, of course, would completely defeat the income-averaging strategy the couple had set out to use.

Make spousal contributions by the end of the calendar year as opposed to in the first 60 days of the new year, since spousal contributions are measured on a calendar-year basis.

If you delay your contribution, you’ll end up extending the withdrawal period by another calendar year.

Perhaps the toughest part about using your RRSP for myriad purposes is keeping track of which of your RRSP dollars are for what. Here, consolidation may work against you.

Instead, consider opening a separate RRSP for each of your purposes and file your statements based on what you’re trying to accomplish.

Separate accounts will not only help you stay focused on the purpose for which you are saving, it will allow you to keep your time horizon in perspective.

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

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

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FEB 18 - MAR 4, 2017 | NEW CONDO GUIDE 41

Purchaser Profile | EMERALD CITY

Emerald City purchaser recognizes value when she sees it FROM FIRST-TIME BUYERS TO SEASONED home purchasers, savvy people are turning to Emerald City as their lifestyle choice and financial investment. The master-planned community at Sheppard Avenue East and Don Mills Road in North York is close to the Don Mills subway station, moments to Hwy. 401 and Hwy. 404/DVP, and across from Fairview Mall. With more than 175 stores and services, restaurants and cinemas, it is a popular and convenient shopping destination.

On the heels of the highly successful The Park Club Condominiums, Emerald City is gearing up to launch The Peak, its newest and most anticipated phase in the community. The Peak will be a sleek, 33-storey tower sitting on top of an approximately five-storey podium.

The Peak is planned to offer outstanding amenities for recreational and entertainment pursuits, including a party room and private dining, an indoor pool and a sauna. Suite configurations include one-bedroom, one-bedroom-plusden/flex, two-bedroom, and two-bedroom-plus-den/ flex units ranging from 475 to 928 sq. ft. The Peak will also 42 YPNEXTHOME.CA

feature four three-bedroom, two-storey townhomes from 962 to 1,635 sq. ft.

Danielle Mercier is a purchaser at The Park Club at Emerald City, which is already under construction, with occupancies slated for early 2019. A good selection of units still remains, with prices currently starting from the high $200’s.

Danielle presently lives in a nearby condo in North York, but was so impressed with how Emerald City has been shaping up that she jumped at the chance to buy in this community.

“When Emerald City first came to the market, I knew it would be ideal for me, as I work near there. However, at that time, I had just purchased a condo downtown to live in,” she

“I’m extremely confident about the Emerald City development. This is good investment and it will be a great place to live. I can’t wait to move in!” explains. “Driving by every day, I saw the community being developed and I loved it. When The Park Club came along, I decided to buy a unit.”

Danielle, who works for a pharmaceutical company, says she loves the community plan.

“That’s what really attracted me.

The area is growing and the new Parkway Forest Community Centre is already constructed and in use.”

The Community Centre is the largest in North York, and is home to a gym, green roof, rooftop garden, running track, arts-and-crafts room, commercial teaching kitchen, youth lounge, meeting rooms and YMCArun day care. The Community Centre also has an aquatic centre comprised of an outdoor pool and pavilion.

Danielle purchased the 599-sq.-ft. one-bedroom-plus-den suite with two bathrooms. “I love the flexibility of the plan, but I’m also really excited about the great building amenities.” Among them are The Park Club’s grand roundabout entry and elegant lobby housing 24-hour concierge service.

She looks forward to using The Park Club’s spa with its plunge pools, steam room, infrared sauna, heated stone benches, showers, individual change rooms and an outdoor Zen terrace.

Danielle’s enthusiasm is contagious.

Friends and colleagues respect the investment acumen she has shown with her condo purchases in the past, and after receiving information from her on The Park Club, two co-workers have purchased suites as

well. “I’m extremely confident about the Emerald City development. This is good investment and it will be a great place to live. I can’t wait to move in!”

Danielle says.

Emerald City is being developed by an Elad Canada subsidiary. In recent years, the company has shifted its focus from income-producing properties to development sites, specializing in mid- and highrise condominium development and master-planned communities in Toronto and Montréal.

To find out more about the next Emerald City condominium launch of The Peak, call 416.492.0001 or register for more information at emeraldcitylife.ca.

FEB 18 - MAR 4, 2017 | NEW CONDO GUIDE 43

Advice | HOMEBUYERS’ HELP

10 mistakes homebuyers make and how to avoid them

By Marnie Bennett

MORE ADVICE ONLINE ypnexthome.ca/news/advice

BUYING A NEW HOME is one of the most significant decisions of your life.

Be properly educated and make all the right moves to ensure your home is both a comfortable place to live and a great investment for the future.

Here is a list of the 10 most common mistakes to avoid:

1 | Failing to use a trusted adviser. A home is the greatest asset of your life, so you need to ensure you have done the proper homework. It is critical that you work with a professional such as a trusted real estate representative and lawyer. Make sure your real estate professional is dedicated to the job full time, and that they know exactly what you’re looking for in your top neighbourhood – not their’s. Work with someone who gets you the best price and a hassle-free experience.

2 | Wasting time by looking at homes you can’t afford. Most buyers don’t know what they can afford. It is critical that you know both your credit rating and how much of a mortgage you qualify for before you begin shopping for a home.

Get a full mortgage pre-approval from your bank or broker, which is a commitment from the lender that states the purchase price and your interest rate – guaranteed for a specific amount of time, usually 90 to 120 days.

When buying a brand new home or condo, you will need a capped rate up to 18 months to accommodate 44 YPNEXTHOME.CA

Be properly educated and make all the right moves to ensure your home is both a comfortable place to live and a great investment for the future the construction period. With this approval in hand, you can then concentrate on looking at a home you know you qualify financially for.

3 | Buying the wrong home. The first thing prospective buyers should do is make a list of priorities and outline the “must-haves” and your “wish list.” Determine the desired housing style, number of bedrooms,

bathrooms, neighbourhood, parking and proximity to work or public transportation. There are so many choices, so be clear and concise, and stick to your budget.

4 | Trying to save money by not hiring a professional home inspector.

A home inspection can help …continued on page 46

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FEB 18 - MAR 4, 2017 | NEW CONDO GUIDE 45 Illustrations are artist’s concept. Prices and specifications are subject to change without notice. ©2017 MARLIN SPRING. Exclusive Agent, Milborne Real Estate Inc., Brokerage, Brokers Protected.

…continued from page 44

distinguish a home that is a money pit from one that is a gem. Even buyers of brand new homes can benefit from a home inspection.

5 | Not revisiting your target neighbourhood a few times. It is critical that you view the home at different times of the day and at night. You want to ensure you made the right decision on your neighbourhood of choice – and potentially your new neighbours.

6 | Giving in to fear. Yes, buying a home is a scary thing and you may not feel certain you’ve found the right place. Should you buy now?

Will prices fall? Will you receive any incentives? Should you keep looking? Remember, when you’re renting you are making someone else rich and not building equity in your own home. When you become a homeowner, you have a fixed asset and you’re on your way to financial freedom. Do your homework and be ready to make the decision when you find the perfect home for you.

Have confidence.

7 | Not being prepared for closing costs. The down payment is one thing, but there are other closing costs such as lawyer fees, land transfer taxes, utilities, insurance and others, so be prepared. You may also be eligible for government programs such as the Home Buyers’ Tax Credit and the Home Buyers’ Plan, so do your research and know what your total costs will be.

8 | Not understanding your mortgage. This is a complex and often-intimidating topic, but what you learn (or don’t learn) about mortgages could save or cost you thousands of dollars. Key factors are your interest rate and amortization, but also find out what your payment privileges are, whether the mortgage is portable, your down payment requirement, insurance needs, if the mortgage is open, closed, variable 46 YPNEXTHOME.CA

or fixed. Understand the terms and what they mean for you.

9 | Failing to understand the differences between buying new versus resale. Resale and new homes each have their own advantages and disadvantages.

Make a list and compare them. For example, with a new home you have choices like style, finishes and the unit’s location in the building or on the block – and everything is new. But you also may face construction delays, which could impact your finances or current living arrangements. With resale, what you see is what you get. Figure out which scenario is best for you.

10 | Being ill-prepared for moving day. It is important to establish a list of priorities and ensure you have contacted the utility companies, secured proper insurance, booked movers, rerouted your mail and finalized all financing. If you do all your homework and you’re well prepared, moving day can be the start of one of the greatest experiences of your life.

Marnie Bennett is the top realtor worldwide for Keller Williams Realty Inc., and is in the top one per cent of North America’s realtors. She is a broker with KWVIP Realty and team leader of Bennett Real Estate Professionals. Contact mbennett@bennettpros.com for a free copy of 10 Deadly Mistakes Buyers Make When Purchasing a Home. For more information visit bennettpros.com

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Advice | LEGALLY SPEAKING

Why do I need a real estate lawyer?

By Jayson Schwarz

MORE ADVICE ONLINE ypnexthome.ca/news/advice

WHEN YOU AGREE to purchase a new condominium, there is a 10-day cooling off period that allows you to back out of the deal – a get-out-ofjail-free card, if you will – should you change your mind. Lately, I have had a large number of new-home buyers come to me after the 10-day cooling off period for condominiums, or the conditional periods in a freehold new home offer, has expired. When I ask them why they waited, I get one of three standard responses:

1. I didn’t think I needed a lawyer until it was time to close.

48 YPNEXTHOME.CA

2. The sales agent told me I didn’t need a lawyer until it was time to close.

3. The builder said he wouldn’t change anything.

A lawyer must advise you at the time you make your offer, to help you avoid all of those tricky clauses where builders look for extra money that could end up costing you thousands of extra dollars on closing. It is critical that you see a lawyer before your deal is firm. It is important that your lawyer explains all the potential costs you will face and the potential changes and the potential delays you may encounter. Insist on this, and if you don’t get what you want or need, see another lawyer.

Once you understand these issues, you can then return to the builder and negotiate your purchase from a position of knowledge. Lawyers are service providers, and as the

customer, you need to make sure you get the necessary information to make an educated decision. A home is one of the most important purchases you will ever make, so do your research.

You can only get this service from a real-life, breathing, lawyer who will point out the good and the bad in your Agreement of Purchase and Sale, and who is required by the Law Society rules to explain title insurance and by law, have the responsibility to take care of you.

If a builder says he won’t change anything in the offer, it will have to be the fairest offer ever written. Do your due diligence and become an educated consumer.

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

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FEB 18 - MAR 4, 2017 | NEW CONDO GUIDE 49

Property Profile | MARLIN SPRING

Embrace a fresh, new lifestyle at

WESTBEACH CONDOMINIUMS THE BEACH HAS LONG BEEN one of Toronto’s most

sought-after neighbourhoods, with unparalleled appeal for those who want to live at a more leisurely pace and yet still be surrounded by the best of urban amenities and recreation options. With the announcement of WestBeach Condominiums, respected developer Marlin Spring launches a new community that embraces the resort50 YPNEXTHOME.CA

town feel of the neighbourhood in a sleek, contemporary package.

Living at WestBeach means the entire city is your playground — it’s minutes to downtown by bicycle or streetcar. The neighbourhood itself has a Walkscore of 92, and drivers can

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be on the DVP in less than 15 minutes.

It’s the perfect place to pursue a balanced lifestyle.

Light-filled, open interiors and an emphasis on indoor-outdoor living let you create a personal oasis. Graziani & Corazza Architects has created a memorably modern aesthetic exterior for this intimate, six-storey condominium, accented by glass and brick. The sophisticated design team at U31 added an urban edge to the interiors, and the landscape architects at NAK Design Strategies gave the same careful attention to the surroundings.

Open-concept layouts await your personal touches. Custom linear, built-in cabinetry, gorgeous laminate floors and glossy, stainless steel appliances will help inspire your design choices. Glass-faced balconies and terraces offer gorgeous views of the city skyline, lake and surrounding neighbourhood, and the perfect place for a sunrise coffee or a sunset nightcap.

Expanding your living space is a meticulously curated collection of on-site amenities where you and your loved ones can celebrate life together. Carefully considered ground-floor retail means even more convenience for residents. Although the neighbourhood offers endless choices for an evening out, you may prefer to simply head up to the private surroundings of the rooftop terrace.

Entertain under the stars, where a cosy fire pit, barbecue and dining alcove with tables await.

If you prefer, take the festivities inside to a gracious, high-style party lounge overlooking Queen Street.

Prepare a delicious dinner in the catering kitchen and enjoy it with your guests in beautiful surroundings.

After dinner, relax in comfortable, classic seating next to the chic marble fireplace. If it’s a casual night watching the big game you’re after, gather around the party room’s bigscreen TV. Get a quick workout in the

gym, and look after your most loyal companion’s wellness too, with the on-site pet spa.

When you do venture out, you’ll have at your fingertips everything that makes The Beach so well loved: bustling boutiques and its famous boardwalk, lively pubs, quirky cafés, hip fresh-food markets, patisseries, and an abundance of lush parks.

Stroll Woodbine Park or the leashfree area at Kew Gardens with your best four-footed friend, or grab your paddleboard and hit the water. Take on the competition in a game of beach volleyball, or simply bring a blanket and a bestseller, and enjoy the feeling of sand between your toes.

Watch a movie at the nearby Alliance Cinemas or attend a concert at the new Live National Concert Venue. Of course, you’ll also have easy access to the day-to-day conveniences you need, from restaurants and veterinary clinics to dentists’ offices and pharmacies.

WestBeach is an exclusive collection of 89 suites in onebedroom, one-plus-den, twobedroom and two-plus-den layouts starting from the $300’s, offering a rare opportunity in one of Toronto’s most highly prized neighbourhoods.

Marlin Spring has built its reputation for excellence on high-quality construction standards and superior customer service with over a million of square feet under development across the GTA and beyond.

Embrace breezy, beautiful beach front living at WestBeach Condominiums, and register today at WestBeachCondos.ca.

FEB 18 - MAR 4, 2017 | NEW CONDO GUIDE 51

Trending

Home sales rebound after new mortgage rules trigger dip HOME SALES ARE RISING – albeit slowly – following a dip in activity when the new financing rules took effect in October, according to the latest market statistics from the Canadian Real Estate Association (CREA). December 2016 saw home sales increase 2.2 per cent monthover-month. The rebound recovered less than half of the drop in activity from October to November, when it posted the biggest monthly retreat in more than four years after Ottawa tightened mortgage regulations.

Activity was up month-overmonth in about 60 per cent of all local markets, led by Calgary and Edmonton, where sales rallied following large declines in November.

Sales activity was down five per cent in December from a year ago, when it reached the highest level ever for the month. The number of homes changing hands in 2016 was up by 6.3 per cent annually, reflecting strong sales activity in the first half of the year that has softened since.

“Sales set a new annual record last year,” CREA president Cliff Iverson said in a press release. “However, tightened mortgage regulations are expected to contribute to lower sales activity this year, though the extent to which they will weigh on housing markets across Canada will vary.”

“Home sales are unlikely to benefit the Canadian economy as much in 2017 as they did in 2016,” added Gregory Klump, CREA’s chief economist. “New regulations mean that in order to qualify for a mortgage, homebuyers will either have to save longer for a bigger down payment or purchase a lower-priced home. In urban centres where the latter are in short supply, that’s likely to translate into fewer sales.”

The number of newly listed homes fell three per cent in December 52 YPNEXTHOME.CA

MORE TRENDING ONLINE ypnexthome.ca/news

2016 from November. New listings were down in about 60 per cent of all local markets, with declines in B.C.’s Lower Mainland, Calgary and the Greater Toronto Area. With sales up and new listings down, the national sales-to-new listings ratio rose to 63.5 per cent in December compared to 60.3 per cent in November.

A sales-to-new listings ratio between 40 and 60 per cent is generally consistent with balanced housing market conditions, with readings below and above this range indicating buyers’ and sellers’ markets.

The ratio was above 60 per cent in more than half of all local housing markets in December, the vast majority of which are located in British Columbia, in and around the GTA and across Southwestern Ontario.

The number of months of inventory is another important measure of the balance between housing supply and demand. It represents how long it would take to completely liquidate current inventories at the current rate of sales activity.

There were 4.6 months of inventory on a national basis at the end of December 2016 – down from 4.8 months in November.

The tight balance between housing supply and demand in Ontario’s Greater Golden Horseshoe region is without precedent. The region includes the GTA, Hamilton-Burlington, Oakville-Milton, Guelph, Kitchener-Waterloo, Cambridge, Brantford, the Niagara Region, Barrie and nearby cottage country. The number of months of inventory in December ranged between one and two months in many of these housing markets, and stood below one month in the Durham Region, Orangeville, Oakville-Milton, Kitchener-Waterloo, Brantford and Cambridge.

Price gains remained strongest for two-storey single-family homes and townhouse/row units – up 16.1 and 15.4 per cent year-over-year respectively.

Single-storey single-family homes followed, at 13.3 per cent year-over-year, and apartment units were up 12 per cent year-over-year.

While benchmark home prices were up from year-ago levels in nine of 11 housing markets tracked by the MLS HPI, trends continued to vary widely by location.

In the Fraser Valley and Greater Vancouver, prices continued to recede from their peaks reached in August 2016 but remained above year-ago levels (up 27 and 17.8 per cent year-over-year, respectively). Meanwhile, benchmark prices climbed to new heights in Victoria and elsewhere on Vancouver Island, and in the GTA. By comparison, home prices were down 3.7 per cent year-over-year in Calgary and edged lower by 1.6 per cent year-over-year in Saskatoon, continuing their retreat from peaks reached in 2015.

The national average price for homes sold in December 2016 was $470,661, up 3.5 per cent from a year ago, marking the smallest year-over-year increase in nearly two years.

The national average price continues to be skewed upward by Greater Vancouver and the GTA. The average price is drops to $352,513 if Greater Vancouver and GTA sales are excluded from calculations.

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FEB 18 - MAR 4, 2017 | NEW CONDO GUIDE 53

Purchaser Profile | CLOUD9 CONDOMINIUMS

Early childhood educator enjoying life as a Lash Group homeowner PROGRESSIVE DEVELOPMENT FIRM LASH GROUP of Companies boasts the tag-line “New Thinking for Over 60 Years.” The sincerity of that sentiment comes to life every time the company opens a new condominium, and every day that an owner moves into a home created by this industry leader. Early childhood education teacher Ryan Williams (pictured) is one of Lash Group’s condo owners. In the spring, he moved into his suite at Cloud9 Condominiums in Etobicoke – the first home he has owned independently. He is thrilled with both his suite and his decision to buy from Lash Group.

“My purchase experience from the pre-construction phase to occupancy and beyond has been amazing,” Ryan says. “I was particularly impressed with my Pre-delivery Inspection (PDI). My mother and brother, who are both condo owners, attended with me. We were all astounded at the customer service I received. I’ve been at friends’ PDIs, and none of them had the kind of positive treatment I enjoyed. Condos are going up quickly in the Greater Toronto Area these days, and service like this is rare.”

Before making his decision to buy, Ryan researched the company and discovered that Lash Group has a proven track record for providing exemplary quality. “They’ve treated me like gold,” he says. “My suite was pretty much immaculate when I moved in, and the customer service team has helped me keep it that way. Anything noted on my 30-day PDI was rectified within a day or two, and the workers always left everything completely clean. Even if I was happy with a repair, if they weren’t happy with it, they came back the next day and corrected it to their high standards. I have never seen this kind of dedication before.

Lash Group should be proud of both the level of service it provides and the employees who deliver it.”

A fully integrated real estate development, construction and property management company, Lash Group focuses on building enduring value for owners in residential condominiums, rental residences, and retail or office complexes. The pioneering spirit of the firm’s principals empowers them to lead rather than follow, and innovation 54 YPNEXTHOME.CA

is a hallmark of a Lash Group building.

Cloud9 is an example.

“The rooftop pool is amazing, and it’s fantastic to have a landscaped barbecue terrace with a kitchen,” Ryan says. He adds that his 514-sq.ft., one-bedroom suite is so well designed, that, “It gives the feeling of a small house, with great features and finishes.”

Cloud9’s location at Kipling Avenue and Rexdale Boulevard had a major impact on Ryan’s decision, as it is close to transportation and amenities. This is the kind of location Lash Group knows will create lasting value. The company has married landmark architecture with one-ofa-kind addresses such as 66 Portland,

Before making his decision to buy, Ryan researched the company and discovered that Lash Group has a proven track record for providing exemplary quality. “They’ve treated me like gold,” he says.

20 Stewart, 777 Steeles, 455 Adelaide West, The Fashion District Lofts, 500 St. Clair and 530 St. Clair. In most cases, Lash Group’s condominiums sell out in the pre-sale phase – a testament to the trust the public has in its integrity.

Lash Group has released ME2, the second tower at the highly successful ME Living – a master-planned community at Markham and Ellesmere, an area which is undergoing an exciting renaissance. ME Living is located minutes to Hwy. 401, the Don Valley Parkway and Scarborough Town Centre. At Bathurst and St. Clair Avenue West, Lash Group of Companies and The Goldman Group offer The Barrington Condos, a luxury

condominium overlooking prestigious Forest Hill. In keeping with Lash Group’s commitment to “New Thinking,” The Barrington’s parking facility will feature an Automobile Elevator.

“Would I recommend buying a Lash Group condo? Absolutely yes,” Ryan urges.

For more information, visit LashGroup.ca.

FEB 18 - MAR 4, 2017 | NEW CONDO GUIDE 55

Finances

Millennials collide with retirement goals of their Boomer parents THE BOOMERANG EFFECT is in

full swing, as many Millennials continue to lean on the Boomer generation for financial support, according to a recent TD survey. At a time when the older generation should be preparing for retirement, many instead are experiencing a “déjà-boom” effect, as children or grandchildren return to the family home or need financial assistance.

“As a parent or grandparent, it’s natural to want to help our kids and grandkids who may be facing financial challenges such as finding full-time employment or paying their day-to-day expenses,” says Rowena Chan, senior vice-president, TD Wealth Financial Planning. “It’s important that this desire to help is balanced with the goals you have when it comes to retirement.”

Overall, 62 per cent of the Boomer generation feels the “déjà-boom” effect is preventing them from saving enough for retirement. The survey also reveals that the trade-off between providing financial support and saving for retirement is placing Boomers under a considerable amount of financial stress. More than half (58 per cent) of Boomers report feeling financially stressed and say their retirement savings are being impacted by their extended financial support of Boomerang kids; one in four Canadian Boomers admit to supporting their adult children or grandchildren.

“While the déjà-boom effect may be an unexpected event in retirement planning, it is important for preretirees to remember that it’s not too late to plan for the future and achieve their goals. A lot can be accomplished in the 10 to 15 years before retirement and planning ahead is a key step in making the journey as smooth as possible,” says Chan.

56 YPNEXTHOME.CA

MORE TRENDING ONLINE ypnexthome.ca/news

TD offers these tips: Be ready for whatever life throws your way Understand that your retirement goals are still within reach. Meet with a financial planner and do a goals-based assessment to determine what your options might be for supporting your kids while keeping your retirement plans on track. Identify short-, medium- and long-term goals, and make sure they align with your kids’ goals.

Negotiate the return Discuss how everyone can contribute to household budget and operations. For example, you may be able to cover the basics such as room and board, but things like cell phone bills, car payments or financial support for recreational activities are additional costs that could be covered independently.

Prepare to “relaunch” Whether it’s your newly married daughter and her spouse and child, or your son who recently graduated and has moved back home, there are plenty of opportunities to educate family members on the importance of being fiscally responsible and working toward financial independence.

Invite them to join in your financial conversations to discuss how to navigate their current circumstances and establish good financial habits.

Decide when to release As you map out financial action plans, identify a date when you will no longer be financially committed to each other. As you approach this date, set up a series of mini-goals that will allow you to free up funds to divert toward your retirement savings while ensuring that your kids are meeting the savings targets they set in their own financial plan.

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Inspiration | DESIGNER ADVICE

Coffee table talk: 7 styles and shapes to suit your space

By Yanic Simard

LET’S TALK COFFEE TABLES – a necessity for any family room, the landing

place for all, and the centre of attention. Available in various sizes, shapes and finishes, you can easily create many different looks just by swapping out the accent pieces. If you want to give your space a whole new look, a coffee table might be the way to do it. I’ve narrowed down the vast selection of tables to my top seven picks: 1 | Washed Wood & Metal Rectangle If you’re looking for durability and practicality, this is my top choice. The typical size of a rectangular coffee table is approximately 56 in. wide by 31 in. deep by 17 in. high, making it the perfect size for displaying several groupings of items such as collectibles. For added storage space, or the perfect spot for magazines and books, look for this type of table with a bottom shelf that hovers just off the floor.

2 | Odd-Shaped Glass Coffee Table Transparent finishes like glass are sometimes

all a space needs to make it feel more open. An irregular shape adds interest and character to a typical furniture setting. Accessorize it with opaque items at varying heights, keeping the items toward the centre point of the surface.

58 YPNEXTHOME.CA

MORE ADVICE ONLINE ypnexthome.ca/news/advice

3 | Three-Piece Oval/Rectangle Cocktail Table I love this classic threepiece table because it’s so functional.

Those who entertain favour it because they can use the two demilune ends as side tables, allowing for more spread-out landing areas to accommodate drinks and snacks. The shape and style of this table type is so pronounced that no accessories are needed – it stands alone beautifully.

If you want to give your space a whole new look, a coffee table might be the way to do it 4 | Oversized Square Upholstered Ottoman Comfort and cosiness is

instantly injected into a room when you bring in a large ottoman covered in fabric or leather. This piece is versatile because it also functions as extra seating. To accessorize, simply look at the top of the ottoman as a grid divided into four sections, and accessorize each section individually (1. stacked books, 2. pillow/throw, 3. bowl/vase, 4. tray).

5 | Grouping of Stools Combining two to six of the same or different stools

together to create one coffee table is a look I really love. This idea is great for small spaces where you might not have the room to bring in a full-sized coffee table, and again, functionality wins big here because it can be moved around the room or even from room to room. No accessories are needed for this style of table.

6 | Low Faux Stone Coffee Table

Bringing in a piece like this is completely unexpected, which is why it works so well in any decor. The look is more natural and less refined, and

it helps in visually weighing down a space that lacks balance (but it’s not actually heavy at all). A lower coffee table is in need of accessories that have height, such as a globe, a stack of books and an orchid flower.

7 | Round Wood Table I’ve found that this traditional table is an all-time favourite among almost everyone.

What’s not to love about the smooth and soft curves and the classy finish?

Pair this classic-style table with a modern sofa for a sophisticated, designer-worthy look.

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

FEB 18 - MAR 4, 2017 | NEW CONDO GUIDE 59

Trending

Tight supply and strong demand means double-digit price growth in the GTA this year

By Wayne Karl

TIGHT SUPPLY AND STRONG demand will dominate the GTA market this year, resulting in double-digit home price growth, according to the Toronto Real Estate Board (TREB).

While this forecast may be good news for existing homeowners, it might be the last thing prospective homebuyers want to hear. It underlines the growing affordability crisis and other challenges facing would-be buyers in the Toronto

market, TREB says in its 2017 outlook.

“We have a shortage of housing supply in the GTA that is approaching crisis levels,” says Bryan Tuckey, president of the Building Industry and Land Development Association (BILD), who was among the experts in the housing sector who spoke at TREB’s recent annual Market Year in Review, Outlook & Economic Summit. “It’s time for governments to acknowledge the problem and take

the necessary steps to address it.”

The “problem,” as Tuckey and several other leaders in the industry see it, is provincial government land use policy, which restricts housing supply.

Such policy, adds Paul Smetanin, president and CEO of the Canadian Centre for Economic Analysis, results in almost one-third of the population in Ontario being under “extreme housing affordability pressure.” …continued on page 62

60 YPNEXTHOME.CA

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FEB 18 - MAR 4, 2017 | NEW CONDO GUIDE 61

…continued from page 60

MORE TRENDING ONLINE ypnexthome.ca/news

“Lack of developable land that is serviced with critical infrastructure, excessive red tape, out-of-date zoning and NIMBYism are the key hindrances limiting our ability to build more housing,” Tuckey says.

The dearth of supply of new lowrise homes, in particular, means everything that is built is snapped up in a hurry. The same dynamic then plays out in the resale market, where declining listings mean intense competition for homes for sale, which then leads to steep price increases.

According to TREB’s Market Year in Review & Outlook Report, the growth rate for the average selling price in the GTA will be between 10 and 16 per cent, with an average price range between $800,000 and $850,000, Lowrise home types, including detached and semi-detached houses and townhomes, will experience the strongest price growth, but the condominium apartment market segment will remain tight as well.

“While changes to federal mortgage lending guidelines and higher borrowing costs may impact some would-be homebuyers, the big impediment will be the lack of inventory,” says Jason Mercer, TREB’s director of market analysis. “Active listings at the end of December were at their lowest point since before the year 2000. It is unlikely that the shortage of listings will improve to any great degree over the course of the next year. This will put a ceiling on sales growth.”

TREB is forecasting another strong year in 2017, with more than 100,000 sales forecast for the third consecutive year. Between 104,500 and 115,500 home sales are expected this year, with a point forecast of 110,000 – down slightly from 113,133 sales in 2016.

62 YPNEXTHOME.CA

Despite the ominous landscape, a homebuyer survey conducted by Ipsos in November 2016 on behalf of TREB, indicates that GTA households are still upbeat about their homeownership prospects this year. This included first-time buyers, whose share of overall buying intentions increased to 53 per cent from 49 per cent a year earlier. Compared to a similar survey conducted at the end of 2015, the number of likely buyers was down slightly.

The Ipsos survey confirmed that likely homebuyers are expecting to see strong home price increases in 2017. However, the average buyer is planning to make a substantial down payment – 27.6 per cent for all recent homebuyers combined and 23.9 per cent for first-time buyers.

Given the array of challenges facing the market, TREB cautions that government policy changes should be weighed carefully against unintended consequences.

“Housing affordability, and affordable home ownership in particular, is a growing concern,” says TREB CEO John DiMichele. “Home prices will increase well above the rate of inflation and income growth in 2017, as the supply of listings remains very constrained. While governments have been focusing their policy solutions on allaying demand, what is needed are policies that focus on the lack of available homes for sale and for rent. The public, private, and not-for-profit sectors need to come together to focus on innovative solutions to the housing supply issue.”

For example, a foreign buyer tax in the GTA, similar to the one introduced in Vancouver last year, would be misguided, the association says.

To obtain empirical data on foreign buying activity in the GTA, TREB commissioned Ipsos in November 2016 to survey its members who acted on behalf of homebuyers during the preceding 12 months, as to foreign buying activity in the region.

Key findings include: » Only an estimated 4.9 per cent of GTA transactions involved a foreign purchaser. » The majority (40 per cent) of foreign buyers purchased a home as a primary residence, to rent out to tenants in a tight GTA rental market (25 per cent) or for another family member to live in (15 per cent). » Less than two per cent of realtors had been involved in a transaction for a foreign buyer, which they knew was impacted by the foreign buyer tax in British Columbia.

Sean Speer, Munk Senior Fellow for Fiscal Policy, Macdonald-Laurier Institute, says worrying about the level of foreign investment in the GTA has “caused us to take our eye off the ball” regarding the real affordability issue and its causes TREB also cautions against the proposed additional land transfer tax on foreign buyers.

Unintended consequences: » tighter market conditions and stronger price growth in neighbouring communities/ regions without a tax; » less rental supply, because the number of investors looking to purchase and rent out a property could decline; and » a potential negative impact on immigration, and population growth in the GTA, on net, is driven by immigration.

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FEB 18 - MAR 4, 2017 | NEW CONDO GUIDE 63

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64 YPNEXTHOME.CA

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

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

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

FEBRUARY 2017

Hot Properties

905

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

LATEST LISTINGS

DANIELS ARC

ICONA CONDOMINIUMS

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

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

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

VISTA FLATS AND TOWNS

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

66 YPNEXTHOME.CA

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

Register now. adidevelopments.com

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

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

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

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

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

Hot Properties

416

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

LATEST LISTINGS

WESTBEACH CONDOMINIUMS

new releases and grand openings HOME

SUPERSONIC

previews and registration WESTBEACH CONDOMINIUMS By: Marlin Spring City: Toronto Coming soon, WestBeach Condominiums embraces the feel of the neighbourhood in a sleek, contemporary package. Register now.

WestBeachCondos.ca

PLAZA MIDTOWN By: Plaza City: Toronto One- to three-bedroom condo suites, plus two- and three-bedroom towns coming soon.

Register now to stay informed.

PurePlaza.com

PINNACLE ETOBICOKE By: Pinnacle International City: Etobicoke Register now for this new master-planned community coming to the "new city centre," near Kipling Hub, GO station and highways.

PinnacleEtobicoke.ca

By: Lindvest City: North York Coming soon: the second tower in Lindvest's North York condominium community at Eglinton Avenue and Don Mills Road. lindvest.com/supersonic

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

HaloResidences.com

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

RiverCityToronto.com

THE PEAK AT EMERALD CITY By: ELAD Canada City: Toronto Enjoy life above it all, in the Fairview Mall community, steps from the Don Mills subway.

EmeraldCityLife.ca

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

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

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

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

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

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

FEB 18 - MAR 4, 2017 | NEW CONDO GUIDE 67

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

# Builder Site Telephone TH* C* Price Range Page Finder 11 MENKES DEVELOPMENTS INC. 365 Church 416-591-7700 • from $420,000 Insert 14I 18 URBAN CAPITAL Harris Square rivercitytoronto.com • • 37 18L 26 BAZIS INC. No1 Yorkville 416-519-2911 • from $550,000 3 15I 26 PLAZA No1 Yorkville 416-519-2911 • from $550,000 3 15I 34 MENKES DEVELOPMENTS INC. Fleur menkes.com • • Insert 16L 35 MENKES DEVELOPMENTS INC. 87 Peter 416-591-7700 • from $781,000 Insert 15M The Eglinton Yonge at Heart 416-591-7700 • from $290,000 Insert 15D 35 MENKES DEVELOPMENTS INC. Halo Residences on Yonge 416-485-3000 • from $300,000 IBC 16K 49 CRESFORD DEVELOPMENT CORP. 50 CRESFORD DEVELOPMENT CORP. VOX 416-485-3000 • IBC 15J 52 CRESFORD DEVELOPMENT CORP. CASA III 416-486-2272 • from $2170,000 IBC 15L 52 CRESFORD DEVELOPMENT CORP. CASA II 416-486-2272 • from $1180,000 IBC 15L 64 LAMB DEVELOPMENT CORP. Wellington House 416-368-5262 from $428,000 41 14M 68 LAMB DEVELOPMENT CORP. East Fiftyfive 416-861-9559 • from $322,000 47 17L 68 GREAT GULF Home Power + Adelaide homeonpower.ca • from $320,000 9 17L 104 CRESFORD DEVELOPMENT CORP. The Clover on Yonge 416-485-3000 • IBC 14J 149 CAMROST - FELCORP Blue Diamond at Imperial Plaza 416-925-2501 • from $400,000 1 15I 157 PEMBERTON GROUP Time and Space Condominiums pembertongroup.com • 7 17L 229 TRIDEL CORPORATION Via Bloor 416-649-2500 • IFC 17I 230 PLAZA Plaza Midtown pureplaza.com • 18-19 14E 231 MARLIN SPRING West Beach WestBeachCondos.ca • from $290,000 45 23J 1 BRANDY LANE HOMES The Davies 416-873-0862 • from $820,000 14I 2 GREAT GULF Yonge+Richmond 416-499-8883 • from $470,000 16K 3 ARAGON PROPERTIES Eighty One Wellesley eightyonewellesley.ca • from $330,000 16J 3 ALTERRA 159SW 159sw.com • from $300,000 16J 4 GAIRLOCH INVESTMENTS 383 Sorauren 383sorauren.com from $265,000 9M 4 CENTRESTONE URBAN DEVELOPMENTS INC. 383 Sorauren 416-588-0383 from $265,000 9L 5 GRAYWOOD DEVELOPMENTS Scoop Condos scoopcondos.com • from $282,000 19I 6 CRESFORD DEVELOPMENT CORP. Merton Yonge Condominiums 416-484-1900 • from $400,000 14E 7 THE DANIELS CORPORATION High Park Condominiums 416-351-1844 • from $285,000 8L 8 ROCKPORT GROUP George Condos+Towns 647-351-5050 • from $335,000 22L 9 HARHAY DEVELOPMENTS 875 Queen East 416-694-8750 • from $300,000 19L 10 MARLIN SPRING Canvas Condominium canvascondos.ca • from $250,000 24G 11 MENKES DEVELOPMENTS INC. Pears on the Avenue 416-323-0100 • from $400,000 14I 11 TRIDEL CORPORATION Sherwood at Huntington 416-485-1900 • from $1000,000 18G 11 METROPIA AYC Condos ayccondos.com • • from $400,000 14I 12 NORTH DRIVE INVESTMENT The High Park 416-670-3699 • from $400,000 8L 12 NORTH DRIVE INVESTMENT Picnic 416-670-3699 • from $475,000 8L 13 ASPEN RIDGE HOMES The Jack aspenridgehomes.com • from $400,000 14H 14 FIELDGATE URBAN Heartwood the Beach heartwoodthebeach.com • from $490,000 24J 15 TRIDEL CORPORATION 101 Erskine 416-480-0700 • from $386,000 14D 16 FREED 155 REDPATH 416-996-5428 • from $226,000 14D 16 FREED 150 REDPATH redpathcondos.com • from $200,000 14D 16 CAPITAL DEVELOPMENTS 150 REDPATH redpathcondos.com • from $200,000 14D 17 ROCKPORT GROUP The Nest 416-223-0003 • from $350,000 11H 18 URBAN CAPITAL RC3 416-862-0505 • • from $220,000 18L 19 STREETCAR DEVELOPMENT The Southwood 416-750-7506 • from $300,000 23H 20 MENKES DEVELOPMENTS INC. Fabrik 416-591-7700 • from $590,000 14M 20 LIFETIME DEVELOPMENTS Whitehaus Condominiums whitehaus.ca • from $300,000 14M 20 MOD DEVELOPMENTS INC. Waterworks waterworkstoronto.com • from $420,000 14M 21 GREENLAND GROUP King Blue Condos 416-599-1355 • from $336,000 12N 22 MATTAMY HOMES Picasso on Richmond 416-495-3549 • from $541,000 14M 22 TRIDEL CORPORATION Ten York 416-596-9888 • from $1020,000 12F 22 MATTAMY HOMES Picasso on Richmond 416-495-3549 • from $336,000 14M 23 TRIBUTE COMMUNITIES The College Condominium 416-363-4800 • from $400,000 M14 25 TRIDEL CORPORATION SQ2 416-661-1949 • from $629,000 15D *TH: Townhomes, Highlighted listings are advertised in this issue of Condo Guide. Attention Builders - Want to add your community to our maps?

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

Builder

Site

Telephone

Eau Du Soleil Waterfront Condominiums416-503-3328 Success Tower at Pinnacle Centre 416-360-0673 Bespoke Towns 419-239-8181 Totem Condominium 416-792-1877 The Madison 416-482-8090 88 Queen 88queen.com Ivy Condos 416-306-6484 Ivy Condos 416-306-6484 Fuse Condos 416-534-4444 Pace 416-928-2223 Dundas Square Gardens 416-645-8575 Grid Condos 416-477-4743 Garrison Point garrisonpoint.ca The Barrington Condominiums Flats 416-410-4444 Howard Park 2 416-873-0989 The Upper House Condos in Leaside 416-425-1800 Alter 416-645-4599 The PJ 416-596-1600 Yorkville Park mintoyorkvillepark.com Zigg Condos 416-545-0223 Zigg Condos 416-545-0223 Yorkville Private Estates 416-484-4371 Teahouse 416-861-1111 Stanley 416-546-1502 Aqualina at Bayside Toronto 416-514-2710 Aquavista at Bayside Toronto 416-514-2710 Aquabella Bayside Toronto tridel.com 11 Wellesley 416-861-1111 Riverside Square 416-466-4466 Monde 416-466-8885 Liberty Central by the Lake - Phase One416-537-0047 The Selby theselbycondos.com The Rosedale on Bloor 416-928-9997 The Brant Park 416-368-5262 Enigma on the Park 416-516-1551 Citylights on Broadway 416-546-6605 East Fiftyfive 416-861-9559 609 Avenue Road 609avenue.com 609 Avenue Road 609avenue.com 2221 Yonge 647-350-2221 On The Danforth onthedanforthcondo.com Liberty Central by the Lake Two 416-537-0047 Schoolhouse 416-979-1333 Art Shoppe Condos artshoppecondos.com Distinction Condos 416-489-6444 Distinction Condos 416-489-6444 J Davis House 647-343-3270 J Davis House jdavishouse.com One Eleven Condominiums & Lofts 647-351-4111 One Eleven Condominiums & Lofts 647-351-4111 One Bloor Residences 416-922-0081 Seventy Seven Charles Yorkville 416-203-7034 Ivory On Adelaide 647-341-1731 158 Front Condominiums 158front.com Exhibit 416-967-7778 Exhibit 416-967-7778 Exhibit 416-967-7778 The Urban Townhome Collection 647-344-2573 The Pinnacle on Adelaide 416-596-1600 Bisha Hotel & Residences 416-637-2211 88 Scott 416-216-8588 Riverhouse at the Old Mill 416-766-7343 Two Old Mill 416-645-7022 RCM I on University 647-351-9247 The Berwick 416-922-9425 The Mercer 416-597-6940 Imperial Plaza 647-346-3799 Cumberland Tower - Yorkville Plaza II 416-966-3003 The Foxbar Collection at Blue Diamond thefoxbar.ca Studio on Richmond 647-352-7736 Tableau Condominiums 416-591-8887 Tableau Condominiums 416-591-8887 Tableau Condominiums 416-591-8887 The Bond Condominiums 416-546-7525 L Tower 416-777-2533 Perspective Condos 416-242-3500 Neon 416-987-7878 1000 Bay 416-485-3000 90 Niagara 416-981-0036 James 416-214-9900 SIXTY Colborne 416-601-0060 SIXTY Colborne 416-598-7775 Upper Beach Townes 416-693-7500 The Massey Tower 416-966-0197 Canary District Condominiums 416-603-7576 Canary Park Condominiums 416-603-7576 TEN93 Queen West 905-326-4100 TEN93 Queen West 416-546-6355 Epic pureplaza.com Smart House 416-292-0219 Smart House 416-292-0219 Duke Condos junctionlife.ca King Charlotte 416-368-5262 Theatre Park 416-368-5262 The Harlowe 416-363-1771 Form tridel.com Empire Midtown empiremidtowncondo.com Eight Cumberland 8cumberland.ca Eight Cumberland 8cumberland.ca St. Lawrence Condos stlawrencecondos.ca YSL 416-483-3000 The Wyatt Condominium Suites 416-955-0559

TH* C* Price Range

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from $500,000 from $880,000 from $550,000 from $492,000 from $480,000 from $250,000 from $320,000 from $320,000 from $260,000 from $310,000 from $224,000 from $250,000 from $250,000 from $455,000 from $349,000 from $350,000 from $700,000 from $300,000 from $420,000 from $1300,000 from $1300,000 from $2500,000 from $241,000 from $300,000 from $336,000 from $814,000 from $1200,000 from $435,000 from $200,000 from $340,000 from $370,000 from $220,000 from $835,000 from $236,000 from $320,000 from $322,000 from $600,000 from $600,000 from $320,000 from $251,000 from $320,000 from $900,000 from $200,000 from $360,000 from $360,000 from $320,000 from $320,000 from $300,000 from $300,000 from $580,000 from $2100,000 from $510,000 from $290,000 from $560,000

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

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

Page

Finder 25B 17M 22J 15H 14E 16L 16L 16L 9K 16L 17K 17K 13N 12H 9L 18D 16J 15L 14J 14J 14J 14J 16K 16K 18M 18M 18M 15J 19L 17M 11F 16J 16I 14M 9L 14D 17L 14G 14G 14D 23G 12N 13I 14D 14D 14D 15F 15F 13M 13M 15I 14J 17L 17L 14I 14I 14I 15K 15M 16M 17M 5L 5L 14M 14E 15M 15I 15I 15I 15M 15L 15L 15L 15G 17L 4H 14D 15J 14O 14O 16L 16L 24G 16L 18L 18L 12F 12F 12F 15L 15L 8K 15M 16M 15M 15L 10F 15I 15I 17L 16K 18J

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

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

torontoregionalmaps: Toronto, East York, York

#

28 EMPIRE COMMUNITIES 29 PINNACLE INTERNATIONAL 30 BUENA VISTA DEVELOPMENTS 31 WORSLEY URBAN PARTNERS 32 MADISON HOMES 34 ST. THOMAS DEVELOPMENTS 34 DREAM 34 THE SHER CORPORATION 36 NEUDORFER CORPORATION 38 GREAT GULF 38 EASTON’S GROUP 38 CENTRE COURT DEVELOPMENT 40 FERNBROOK HOMES/CITYZEN DEV. 41 LASH GROUP OF COMPANIES 42 TRIUMPH DEVELOPMENTS 43 K-CAP LAIRD INC. 44 TRIDEL CORPORATION 47 PINNACLE INTERNATIONAL 48 MINTO COMMUNITIES INC. 48 MADISON HOMES 48 FIELDGATE HOMES 48 CAMROST - FELCORP 49 LANTERRA DEVELOPMENTS 49 TRIBUTE COMMUNITIES 51 TRIDEL CORPORATION 51 TRIDEL CORPORATION 51 TRIDEL CORPORATION 53 LANTERRA DEVELOPMENTS 56 STREETCAR DEVELOPMENT 58 GREAT GULF 60 CANALFA GROUP 63 FERNBROOK HOMES/CITYZEN DEV. 63 THE GUPTA GROUP 64 LAMB DEVELOPMENT CORP. 65 ARAGON PROPERTIES 67 PEMBERTON GROUP 68 HYDE PARK 70 STATE BUILDING GROUP 70 MADISON HOMES 71 TOWER HILL DEVELOPMENT CORPORATION 73 DIAM DEVELOPMENTS 75 CANALFA GROUP 78 EMPIRE COMMUNITIES 79 FREED 79 LASH GROUP OF COMPANIES 79 LASH GROUP OF COMPANIES 80 MATTAMY HOMES 80 BIDDINGTON HOMES 85 HARHAY DEVELOPMENTS 85 CARTTERA 99 GREAT GULF 104 ASPEN RIDGE HOMES 114 PLAZA 114 FERNBROOK HOMES/CITYZEN DEV. 117 BAZIS INC. 117 METROPIA 117 PLAZA 118 PEMBERTON GROUP 124 PINNACLE INTERNATIONAL 128 LIFETIME DEVELOPMENTS 129 CONCERT PROPERTIES 131 LANTERRA DEVELOPMENTS 131 TRIDEL CORPORATION 133 TRIBUTE COMMUNITIES 142 ANDRIN HOMES 148 GRAYWOOD/BEAVERHALL DEVELOPMENT 149 CAMROST - FELCORP 149 CAMROST - FELCORP 149 CAMROST - FELCORP 150 ASPEN RIDGE HOMES 153 URBAN CAPITAL 153 MALIBU INVESTMENTS INC. 153 ALIT DEVELOPMENTS 155 LIFETIME DEVELOPMENTS 157 CASTLEPOINT/CITYZEN/FERNBROOK 162 PIANOSI DEVELOPMENTS 185 PEMBERTON GROUP 190 CRESFORD DEVELOPMENT CORP. 199 FIELDGATE HOMES 199 BRAD J. LAMB REALTY 200 FREED 200 CARTTERA 201 SOLOTEX 206 MOD DEVELOPMENTS INC. 215 DUNDEE KILMER DEVELOPMENTS 215 DUNDEE KILMER DEVELOPMENTS 217 BAYWOOD HOMES 217 PEMBERTON GROUP 217 PLAZA 218 MALIBU INVESTMENTS INC. 218 URBAN CAPITAL 219 TAS DESIGNBUILD 220 LAMB DEVELOPMENT CORP. 221 LAMB DEVELOPMENT CORP. 222 LAMB DEVELOPMENT CORP. 223 TRIDEL CORPORATION 224 EMPIRE COMMUNITIES 225 GREAT GULF 225 PHANTOM DEVELOPMENTS 226 FERNBROOK HOMES/CITYZEN DEV. 227 CRESFORD DEVELOPMENT CORP. 228 THE DANIELS CORPORATION

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21

22

23

24

25

26

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12

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50

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28

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16

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95

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

torontoregionalmaps: North York

#

70

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

Builder

Site

Telephone TH* C* Price Range

CONCORD ADEX Seasons Condominiums concordseasons.ca LINDVEST Super Sonic lindvest.com/supersonic LIBERTY DEVELOPMENT CORP. World on Yonge 905-771-7010 ELAD CANADA The Peak Emerald City emeraldcitylife.ca CONCORD ADEX Opus 416-813-2999 DEVRON DEVELOPMENTS The Vanguard vanguardto.com YYZED PROJECT MANAGEMENT VISTO vistocondos.ca TIFFANY PARK HOMES Westhaven 416-792-6655 TRIDEL CORPORATION Aristo at Avonshire 416-730-0300 LINDVEST The Brownstones at Westown lindvest.com CONCORD ADEX Tango2 at Concord Park Place 416-813-2999 CONCORD ADEX Omega On The Park 416-813-2999 FRAM BUILDING GROUP SOUL mysoulcondos.ca BAZIS INC. Estates on Bayview estatesonbayview.com SORBARA GROUP Beacon beaconcondos.ca LANTERRA DEVELOPMENTS Rodeo Drive Condominiums rodeodrivecondos.com LANTERRA DEVELOPMENTS Rodeo Drive 2 Condominiums rodeodrivecondos.com MATTAMY HOMES Downsview Park Boutique Condos mattamyhomes.com GHODS BUILDERS INC. 5959 Yonge Street 416-222-5959 CASTLE GROUP DEVELOPMENTS Vida at Bayview Village 416-304-1212 LIBERTY DEVELOPMENT CORP. The Village Residences 647-622-8408 PHANTOM DEVELOPMENTS Tea Garden Condos teagardencondos.com URBAN CAPITAL The Ravine 416-850-2489 ALIT DEVELOPMENTS The Ravine 416-850-2489 CHESTNUT HILL DEVELOPMENT Lotus Condominiums 416-222-8338 HAVEN DEVELOPMENTS SIX 25 BV six25bv.com KUBO DEVELOPMENTS Marquette Urban Towns 416-551-9767 MADISON HOMES Briar Hill madisonhomes.ca MALIBU INVESTMENTS INC. Southside Residences at Gramercy Park 416-703-2202 TRIDEL CORPORATION Argento 416-663-1818 TRIDEL CORPORATION Scala 416-730-0300 TRIDEL CORPORATION Alto at Atria 416-645-8866 LATCH DEVELOPMENTS The Bennett on Bayview thebennettcondos.com FIRST AVENUE PROPERTIES The Bennett on Bayview thebennettcondos.com DIAMANTE DEVELOPMENT CORP. The Diamond Condominiums on Yonge 416-961-8008 G GROUP DEVELOPMENT CORP Ellie Condos elliecondos.com NORSTAR GROUP OF COMPANIES Portrait Condominiums 416-282-9600 DEVRON DEVELOPMENTS Flo Condominiums 647-799-0356 ASPEN RIDGE HOMES Scenic on Eglinton 416-805-1781 LINDVEST Sonic lindvest.com/sonic ELAD CANADA Dreamtower At Emerald City 416-492-0001 ELAD CANADA The Colours of Emerald City coloursofemeraldcity.com ELAD CANADA Fifth on the Park 416-492-0001 ELAD CANADA The Park Club Emerald City theparkclub.ca LANTERRA DEVELOPMENTS Treviso Condominiums 416-787-8882 LANTERRA DEVELOPMENTS Treviso II 416-787-8882 LANTERRA DEVELOPMENTS Treviso III 416-787-8882 BRANDY LANE HOMES The Station 416-398-9777 TRIDEL CORPORATION Trio at Atria 416-645-8866 TRIDEL CORPORATION Parfait at Atria tridel.com FRAM BUILDING GROUP LIV Lofts 416-445-5638 TRIBUTE COMMUNITIES Canterbury 647-352-2130 FRAM BUILDING GROUP/CADILLAC FAIRVIEW Flaire Condos 416-445-8868

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

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

• • •

• • • • • •

•

•

• •

•

• • •

• • •

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

• • • • • • • •

•

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

from $302,000 from $250,000 from $200,000 from $268,000 from $250,000 from $306,000 from $250,000 from $250,000 from $400,000 from $290,000 from $370,000 from $300,000 from $334,000 from $250,000 from $250,000 from $268,000 from $250,000 from $255,000 from $322,000 from $300,000 from $212,000 from $367,000 from $290,000 from $290,000 from $290,000 from $203,000 from $263,000 from $250,000 from $467,000 from $271,000 from $250,000 from $951,000 from $305,000

Page 14-15 35 26 23

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

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

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

1

2

3

4

5

6

8

20

Al

bio

23

24

25

26

nR

d

al

e

10

Islington Ave

xd

427

30 Kipling Ave

Martin Grove Rd

Bl

vd

1

401 2A

40

27

Dixon Rd

Westway

409

d ett R

Etobicoke

Scarl

RD

22

Finch Ave W

Re

Rathburn Rd

21 44

34 Bloor St W

Dundas St W57

16

Queensway

14

QEW

9

22

Gardiner Expressway Evans Ave

2

Horner Ave

H

Park Lawn

73

50 8 Royal York Rd

Scarborough

28

21

Humberline Dr

Av e

19

d ll R Mi

Da nf or th

18

Ranforth Dr

Ki

17

Passmore Ave

Centennial

Galloway Rd

ng

Ki

16

East Ave Port Union Rd

n

sto

Manse Rd

Orton Park Rd

Markham Rd

Scarborough Golf Rd

McCowan Rd

St. Clair Ave

4

e 11 n Av lva Sy

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

Victoria Park

G

Bellamy Rd

Brimley Rd

Eglinton Ave E

F

n Dr

orto

Brim

3 Lawrence Ave E Rd

Warden Ave

Kennedy Rd

27 71

15

Beare Rd

Progress Ave

14

Sheppard Ave E

Morrish Rd

55

Birchmount

Pharmacy Rd

E

401 Midland Ave

401 Ellesmere Rd

D

Milner Ave

72

Conlins Rd

23

13

Meadowvale Rd

Sheppard Ave E 26

Ave

Morningside Ave

evin

McL

12 Reesor Rd

Huntingwood Dr

C

11 Sewells Rd

Finch Ave E

B

10

Neilson Rd

McNicoll Ave

9

Tapscott Rd

McCowan Rd

A

7

5 56

6 19 24 17 18

39

Lakeshore Blvd W

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

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

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

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

Page 5

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

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

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

torontoregionalmaps: Scarborough, Etobicoke

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

71

e Qu

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

20

21

22

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60 shore2 Lake W Blvd

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Toronto Waterfront

H

waterfrontmaps: TORONTO

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

72

#

Builder

Site

Telephone TH* C* Price Range

1

MENKES DEVELOPMENTS INC.

Harbour Plaza

416-591-7700 •

from $2,100,000

3

MATTAMY HOMES

Vita On The Lake

mattamyhomes.com •

Page

Finder

Insert

14F

from $350,000

BC

2F

from $300,000

13

16F

15 THE DANIELS CORPORATION

Lighthouse East Tower Condominium Residences 416-221-3939

•

2

Concord Adex

The Lakefront

thelakefront.ca

•

4

TRIDEL CORPORATION

Aquabella Bayside Toronto

tridel.com

•

from $1200,000

16E

4

TRIDEL CORPORATION

Aqualina at Bayside Toronto

416-514-2710

•

from $336,000

16E

4

TRIDEL CORPORATION

AquaVista at Bayside Toronto

416-514-2710

•

from $814,000

16E

5

CONCORD ADEX

Exchange Condos

exchangecondos.ca

•

10 GREAT GULF

Twenty Lombard

416-499-8883

•

from $543,000

16K

58 GREAT GULF

Monde

416-466-8885 •

•

from $340,000

17E

60 CANALFA GROUP

Liberty Central by the Lake Two

416-537-0047

•

from $320,000

11F

*TH: Townhomes, C: Condo

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

12F

12F

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

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

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

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in

25

26

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28 5

Gardiner Expressway

2

3

18

Lakeshore Blvd E

lW ya Ro

12 11

W

9

Rd e or La

ke

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Mississauga Waterfront Orillia

Etobicoke Waterfront

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

69

Mara

93

6

11

27

Oro

La

ke

sh

or

e

Rd

W

Vespra

Rd

Tosorontio Everett

J

Hwy 5 0

K #

Builder

2

STANTONShelburne RENAISSANCE 10

Essa

Mono

Keswick

400

Cannington

48

LindsayWhitby 7 Waterfront

East Gwillimbury Further North Waterfront

Uxbridge

Alliston,

400

Bradford Tecumseth and Tottenham On The Go Mimico Adjala

9

DAVIES SMITH

n

Georgina Island 33 c6aygeo Bob

Georgina

Beeton, Site

89

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400

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

•

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Scug

Page

Scugog

from $200,000

Finder 23C

King

Newcastle

Schomberg Eleven Superior

Manvers

416-259-8882

•

from $311,000 Whitby

Oshawa

23C 401

5

DAVIES SMITH

Hearthstone by the Bay

416-259-4466

•

6

SCOLLARD DEVELOPMENT CORP.

Boathaus

boathaus.ca

•

from $198,000

22I

11 MATTAMY HOMES

Waterscapes

416-495-3544

•

from $414,000

13B

18 MATTAMY HOMES

Riva Del Lago

647-347-5930

•

from $806,000

24C

28 EMPIRE COMMUNITIES

Eau Du Soleil - Waterfront Condominiums

416-503-3328

•

from $500,000

25B

*TH: Townhomes, C: Condo

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

24C

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

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

waterfrontmaps: GTA

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26

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

5t

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

A

10

St E

4

ng

3

h

Ki

2

Sid er

1

oa d

xt

ra

Rd

Builder

Site

17 PEMBERTON GROUP

Mills Square

46 THE DANIELS CORPORATION

Daniels City Centre

Telephone TH* C* pembertongroup.com

•

905-819-8889

•

1

VANDYK GROUP OF COMPANIES

The Craftsman

craftsmancondos.com

2

THE DANIELS CORPORATION

Olivia Marie Gardens

905-874-8880

3

CASTLERIDGE HOMES

The Clairington

905-793-0002

3

PINNACLE INTERNATIONAL

4

Price Range from $300,000

Page

Finder 6

18M

29

20L

from $310,000

21N

from $200,000

14K

•

from $230,000

16E

The Marquee Townhomes on the Park905-568-9000

•

from $720,000

20K

CONSERVATORY GROUP

Mirage

905-232-2400

•

from $260,000

20K

5

AMACON

Block Nine

905-273-9333

•

from $200,000

20L

5

URBAN CAPITAL

M City

mcitycondos.com

•

from $199,000

20L

6

MATTAMY HOMES

The Residences of Creekshore Common mattamyhomes.com

from $406,000

14R

7

SYMMETRY DEVELOPMENTS

Lake & East Condominium Residences

lakeandeast.com

•

from $350,000

16S

9

EMPIRE COMMUNITIES

Senses Condominiums

905-845-7246

•

from $195,000

17Q

10 AMACON

The Residences at Parkside Village

905-273-9333

•

11 ADI DEVELOPMENT GROUP

Station West

adidevelopments.com

•

from $200,000

5N

11 ADI DEVELOPMENT GROUP

The West Condominiums at Stationwest

•

from $190,000

5N

12 SPALLACCI HOMES

101 Locke Condos

13 GREAT GULF

The Chelsea

14 PEMBERTON GROUP

Rosedale Village Golf & Country Club 905-799-5000

15 ADI DEVELOPMENT GROUP

Link2 Condos+Lofts

905-592-2028

16 VANDYK GROUP OF COMPANIES

Windows on the Green

905-822-3333

17 PEMBERTON GROUP

Downtown Erin Mills Condominiums 905-630-6300

17 PEMBERTON GROUP

Downtown Erin Mills Condominiums Tower 2

19 METROLY DEVELOPMENTS

•

•

adidevelopments.com

101lockecondos.com

21K

•

905-844-1605

5N •

from $220,000

16P

•

from $204,000

13F

•

from $225,000

5M

from $410,000

19N

•

from $320,000

18M

905-603-6300

•

from $320,000

18M

The 6ixth

the6ixthtowns.com

•

from $300,000

16P

20 CARRIAGE GATE HOMES

The Berkeley Downtown Burlington

theberkeleycondo.com

•

from $340,000

5M

21 VALERY HOMES

Royal Connaught Phase II

royalconnaught.com

•

from $300,000

5N

21 SPALLACCI HOMES

Royal Connaught Phase II

royalconnaught.com

•

from $300,000

5N

30 PINNACLE INTERNATIONAL

Pinnacle Grand Park 2

905-276-3981

•

from $266,000

20L

30 PINNACLE INTERNATIONAL

Pinnacle Grand Park

905-276-3981

•

from $300,000

20L

34 PINNACLE INTERNATIONAL

Pinnacle Uptown

905-568-9000

•

from $300,000

19K

45 EMPIRE COMMUNITIES

Rain Condominiums

empirerainsenses.com

•

from $350,000

17Q

47 THE DANIELS CORPORATION

ARC Daniels Erin Mills

905-306-6996

•

from $300,000

17M

•

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

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

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

#

75

2

3

4

5

6

8 Town9of 10 WhitechurchStouffville

7

A

11

12

14

15

16

To wn of O sh awa

16

905-731-8302

•

Sky City 2

905-709-5700

•

32 LIBERTY DEVELOPMENT CORP.

Royal Gardens

905-889-9997

•

49 CORTEL GROUP

Nord Condos

1

LIBERTY DEVELOPMENT CORP.

Cosmos III Condominiums

2

ROYAL PINE HOMES

Hampton Place

2

GERANIUM HOMES

3

TRIBUTE COMMUNITIES

Varley

4

TRIDEL CORPORATION

Renaissance of Richmond Hill

5

LINDVEST

Grand Cornell Brownstones in Markham905-294-6161

6

ARMOUR HEIGHTS DEVELOPMENTS

The Sorrento

8

WYVIEW GROUP

Unionville gardens

407

Markham

ion R

Legacy Park

31 PEMBERTON GROUP

7

Denison St

Telephone TH* C* Price Range 905-553-1430 • from $450,000

13 LIBERTY DEVELOPMENT CORP.

5

11 Concess

Site Indigo Condiminiums

10 Concess ion R

e

Steeles Ave E

9 Line

Rd

Hwy. 48 le Dr

n

de

Al

Town of Markham

Raymervil

404

14 Ave

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

Builder PEMBERTON GROUP

34

Bullock Dr Hwy 7

3 407

404 St

Major Mackenzie Main St S

8

7 17

Aldergrove Dr

John

45

Kennedy Rd

e

Clark Ave W

Warden Av e

13

Thornhill Henderson Av

Centre St

Yonge St

1

7 49 407

32

18 Ave

16 Ave Carlton Rd

Ave

e Av

46

31

16th Ave.

Woodbin e

n to

7

Langstaff Rd

Elgin Mills Rd

Cachet Pkwy

4

rn Ave

43 10

Strathea

Richmond Hill

Steeles Ave W

# 9

Key Maps

19 Ave

Major MacKenzie

Weldrick Rd W Denham Dr

ng Isli

50

t nce S Clare Kipling Av

400

44 48

26

401

404

Leslie St

Regent St Mill St

Elgin Mills Rd Neal Dr

St

Maple

St

St

Bathurst

Dufferin

9

19th Ave.

Gamble Rd Yorkland

Hwy. 27

Millard St

Rutherford Rd

11 40

25

401

n

407

24

McCowan Rd

2 15

Rd

Huntingto

7

23

Ave

Yonge St

McCowan

Stouffville Rd

E

G

22

To wn of W hitby

To wn of Ajax

City of Pickerin g

21

401

19 Ave

41

20

Bethesda Sideroad

Major Mackenzie

F

Leslie St

n Rd

6

48

Teston Rd

19

Jefferson Sideroad

y Cr

D

Nashville Rd

King Rd

Bloomington Rd

Keele St

Rd

Pine Valle

Kirby Rd

404

400

Jane St

Weston Rd

C

Vandorf Sideroad Kennedy Rd

Woodbin e Ave

King-Vaughan Rd

McCowan Rd

Aurora Rd

Warden Ave

B

18

47

Bayview

9 Concessio

Vivian Rd

St John's Sideroad

17

East Bloomington Sideroad

Langstaff Rd

76

13

Mt Albert Rd

Cold Cree k

12 Line Rd

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

1

Page Finder 16 9E 26

from $350,000

12F

26

15F

nordcondos.ca

•

cosmoscondos.ca

•

royalpinecondos.com

•

from $390,000

Vista Flats and Towns at Cardinal Point geraniumhomes.com

•

from $390,000

9C

905-604-1477

•

from $550,000

19F

416-736-9500

•

from $795,000

14E

from $340,000

23F

•

from $400,000

13B

•

from $200,000

18F

from $277,000

12E

from $320,000

1G

289-637-1777 unionvillegardens.com

10 GREAT LANDS CORP.

The Beverly Hills Resort Residences

905-882-6636

11 DUKA DEVELOPMENTS

Oggi Boutique Townhomes

15 GERANIUM HOMES

Pace on Main

16 PODIUM DEVELOPMENTS

University Studios

17 REMINGTON GROUP

York Condos Downtown Markham

905-948-9900

31 PEMBERTON GROUP

Sky City

905-709-5700

32 45 CHARLES LTD.

Royal Gardens

32 SIGNATURE COMMUNITIES

TAO Boutique Condos

34 SIERRA HOMES 40 NOVA TRIMAX

•

from $320,000

10G

Insert

49

9F 6G 9C

oggitowns.com

•

905-591-1071

•

from $370,000

10C

universitystudios.ca

•

from $150,000

25 B

•

from $650,000

1&F

•

from $300,000

12F

905-889-9997

•

from $303,000

15F

905-597-2535

•

from $364,000

15F

68 Main Street

905-305-0822

•

from $250,000

21E

Allegra

905-850-6866

•

from $200,000

1F

41 QUADCAM DEVELOPMENT GROUP INC

Vista Parc Condominiums

905-850-8883

•

from $200,000

3F

43 G GROUP DEVELOPMENT/GUIZZETTI CORPORATION

Grand Palace

905-907-4370

•

from $250,000

12E

43 G GROUP DEVELOPMENT/GUIZZETTI CORPORATION

Grand Palace Phase I

905-907-4370

•

43 G GROUP DEVELOPMENT/GUIZZETTI CORPORATION

Grand Palace Phase II

905-907-4370

•

from $250,000

12E

44 LIBERTY DEVELOPMENT CORP.

Centro Square Condos

905-851-8887

•

45 KYLEMORE COMMUNITIES

The 6th Angus Glen

905-887-9950

•

from $625,000

46 PLAZA

The Met

pureplaza.com

•

from $660,000

6F

47 TREASURE HILL HOMES

Urban Town Living in Pickering

treasurehill.com

from $390,000

16A

48 THE GUPTA GROUP

Icona Condominiums

theICONA.COM

from $290,000

6G

• •

12E

5F 19E

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

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

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2017雞年風水

INDEX OF ADVERTISERS Bazis Inc. - No1 Yorkville

Biddington Homes - Vita On The Lake

Camrost - Felcorp - Blue Diamond at Imperial Plaza

3

BC

1

Marlin Spring - West Beach

45

Mattamy Homes - Vita On The Lake

BC

Menkes Developments Inc. - 365 Church

Insert

Canadian Property Investor - Promo

53

Menkes Developments Inc. - 87 Peter

Insert

ComFree - Promo

64

Menkes Developments Inc. - Fleur

Insert

Menkes Developments Inc. - Harbour Plaza

Insert

Menkes Developments Inc. - The Eglinton Yonge at Heart

Insert

Concord Adex - Seasons Condominiums

Cortel Group - Nord Condos

14-15

49

Cresford Development Corp. - CASA II

IBC

Mikey Young At Heart - Promo

61

Cresford Development Corp. - CASA III

IBC

Pemberton Group - Corporate

Insert

Cresford Development Corp. - Corporate

80

Pemberton Group - Indigo Condiminiums

16

Cresford Development Corp. - Halo Residences on Yonge

IBC

Pemberton Group - Mills Square

6

Cresford Development Corp. - The Clover on Yonge

IBC

Pemberton Group - Sky City 2

Cresford Development Corp. - VOX

IBC

Pemberton Group - Time and Space Condominiums

7

Insert

ELAD Canada - The Peak Emerald City

23

Pinnacle International - Pinnacle Etobicoke

5

Family of magazines - Promo

77

Plaza - No1 Yorkville

3

Great Gulf - Home Power + Adelaide

9

Plaza - Plaza Midtown

18-19

Home + Style Studio Tour and Sale - Promo

63

Rosehaven Homes - Affinity Condominiums

25

Lamb Development Corp. - East Fiftyfive

47

Silvercreek Communities - Model Suite of the Month promo

65

Lamb Development Corp. - Wellington House

41

The Daniels Corporation - Daniels City Centre

29

Liberty Development Corp. - Legacy Park

26

The Daniels Corporation - Lighthouse East Tower Condominium Residences 13

Liberty Development Corp. - Royal Gardens

26

Tridel Corporation - Via Bloor

IFC

Liberty Development Corp. - Wish Condos

27

Urban Capital - Harris Square

37

Liberty Development Corp. - World on Yonge

26

What’s Online - Promo

79

Lindvest - Super Sonic

35

YP Next Home - Promo

8 & 57

78 YPNEXTHOME.CA

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Visit our website: FEB 18 - MAR 4, 2017 | NEW CONDO GUIDE 79

CRESFORD. ALWAYS IN FASHION. Over the last four decades, Cresford has defined the Toronto skyline with iconic landmarks in the city’s most sought-after locations. Cresford’s legendary designs, attention to detail and affinity for high-fashion labels have produced one successful condominium after another. As one of Toronto’s biggest and most trusted developers, Cresford provides superior service, quality assurance, a sense of security and the finest product on the market. Visit our Condominium Gallery at 170 Merton Street or call 416.485.3000 to arrange your private appointment.

COMING SOON

residences on yonge

80 YPNEXTHOME.CA

BROKERS PROTECTED. PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. ILLUSTRATIONS ARE ARTIST’S CONCEPT. E. & O.E.

Halo Residences 480 Yonge Street Inspired by Baccarat 416.485.3000 haloresidences.com

The Clover 595 Yonge Street Construction Starting Soon Inspired by Van Cleef & Arpels 416.485.3000 thecloveronyonge.com

Vox Yonge & Wellesley Under Construction Furnished with Diesel Living 416.485.3000 voxcondominiums.com

Casa III Yorkville | Under Construction Signature Penthouses from $2,169,900 Lobby to be furnished with Hermés 416.486.CASA (2272) casacondominium.com

Casa II Yorkville | Move in Now Signature Penthouses from $1,179,900 Furnished by MissoniHome 416.486.CASA (2272) casa2condominiums.com