FEB 27 - MAR 12, 2016 VOLUME 20, ISSUE 5, FREE
GTA EDITION
FIT FOR YOUR LIFESTYLE MOVE IN THIS SUMMER
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MORTGAGE MISTAKES TO AVOID
THE BIG SHORT? NOT IN CANADA
HOW TO DISPLAY ART IN YOUR CONDO
Boutique condo living coming soon to Sheppard east of 404.
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Editors' Notes
SUSAN LEGGE Editor-in-Chief / Director of Content Yellow Pages NextHome Email: Susan.Legge@ypnexthome.ca Twitter: @SusanLegge
EXPLORE UNIONVILLE
MORE PHOTOS ONLINE ypnexthome.ca/unionville-neighbourhood
Exploring new neighbourhoods A wannabe adventurer at heart, I relish exploring new neighbourhoods on a bicycle. It’s been my main mode of transportation since I was a little kid. I’ve been lucky over four solid decades to discover the good, the bad and the unexpected side of a neighbourhood thanks to my twowheeled friend. With bike sharing services such as Bixi and VeloGo, it’s easier than ever to discover a neighbourhood by bike in metropolitan areas across the country. Faster than walking, easier than transit — when you really want to
understand what a neighbourhood is all about, nothing beats a simple ride around the area. For those who want to explore some of Canada’s top neighbourhoods even more, surf your way to ypnexthome.ca to check out our team’s top featured neighbourhoods. With over 2,700 different neighbourhoods to discover, along with thousands of condominiums, rental properties and homes for sale, your adventure begins right here. Let us know what you think. We’d love to hear from you!
Visualize
ELISA KROVBLIT Senior Editor Yellow Pages NextHome Email: Elisa.Krovblit@ypnexthome.ca Twitter: @ElisaKrovblit
+ get social
You walk into the electronics shop, ask about the newest smartphone. They tell you all about it, show you an artist’s concept drawing and expect you to buy it on the spot. You don’t buy a pair of shoes or even new pots and pans this way. So when it comes to buying a preconstruction home, it makes sense that a lot of people have difficulty buying from floorplans or figuring out how finishes will look. Model suites and sales office vignettes are great ways to help prospective buyers actualize the finished product. If the builder has
done similar projects you may be able to reference those too. Buying preconstruction can save you a lot of money and provides a great opportunity, so don’t shy away because the floorplans are daunting. Ask all the questions you want and seek out the professional advice you need instead of missing out on a great opportunity. Enjoy this issue of Condo Guide and check out our advice, info and listings on ypnexthome.ca and on the YP NextHome App and get ready to make your move.
Interact with us on social media: ypnexthome
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FEB 27 - MAR 12, 2016 | NEW CONDO GUIDE 3
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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).
PRESIDENT, YELLOW PAGES NEXTHOME
Jacqueline Hill EDITOR-IN-CHIEF / DIRECTOR OF CONTENT
Susan Legge DIRECTOR OF SALES
Moe Lalani ASSOCIATE PUBLISHER
Anne-Marie Breen
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, NEW HOME & CONDO GUIDE SOUTH WESTERN ONTARIO
Susan Maxwell ART DIRECTOR
Daiana Garay SENIOR EDITORS
Elisa Krovblit Lydia McNutt (on leave) Jackie Marchildon
DESIGNER ADVICE
YANIC SIMARD Yanic Simard is New Condo Guide’s design editor, principal designer of the award-winning Toronto Interior Design Group (tidg.ca), and regular guest expert on City’s Cityline.
EDITOR
Sonia Bell CONTRIBUTING EDITORS
Wayne Karl Sara Duck (on leave) DESIGN EDITOR
Yanic Simard
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.
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.
more online We have even more content online! Read more stories from our team of contributors at ypnexthome.ca, including stories by:
SENIOR ACCOUNT EXECUTIVES
Dionne Fraser dionne.fraser@ypnexthome.ca Nina Downs nina.downs@ypnexthome.ca
SALES & MARKETING CO-ORDINATOR
Terry Bassett
PRODUCTION MANAGER
Bala Gnanapandithan PRODUCTION CO-ORDINATOR
Sandra Hanak-Vujnovic GRAPHIC DESIGNER
Miguel Cea
#500-401 The West Mall Etobicoke, ON M9C 5J5 T 416.626.4200 F 416.784.5867 ypnexthome.ca
ADVERTISING Call 416.626.4200 for advertising rates
INVESTOR INSIGHTS
ANDREW LA FLEUR Andrew la Fleur is an award-winning realtor with Re/Max. Andrew’s expertise is in helping investors make money in the Toronto condo market. Contact Andrew at 416.371.2333 or andrew@truecondos.com.
MORTGAGE ADVICE
ALYSSA RICHARD Alyssa Richard is the founder and CEO of RateHub.ca, a mortgage rate comparison site that aims to empower Canadians to make smart financial decisions.
and information. CIRCULATION Free distribution in select high-traffic street boxes, stores, banks, financial institutions and select condominium sales offices. COPYRIGHT 2016 All rights reserved by Yellow 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. EDITORIAL Submissions from interested parties will be considered. Email to susan.legge@ypnexthome.ca. The views and data expressed by columnists do not necessarily represent those of the publication. Please recycle this magazine! Yellow Pages NextHome participates in the Partners in Growth Reforestation Program through St. Joseph Communications. To date, Partners in Growth has planted over 2.5 million trees in parks, recreation and conservation areas, and other public spaces across Canada. Established in 1990, this program was started with Scouts Canada to help replenish the environment.
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VIEW FROM THE
TOP
LUXURY WATERFRONT CONDOS FROM THE MID $300’s
One of Canada’s tallest waterfront condos, Eau Du Soleil offers spectacular views and fabulous amenities like the infinity rooftop terrace, indoor salt water pool, fitness centre, outdoor sports court and more.
Learn more at eaudusoleiltoronto.com Prices, sizes and specifications are subject to change without notice. Actual view may not be exactly as shown. Please see a Sales Representative for details. Exclusive listing brokerage TFN Realty Inc. Brokers Protected. E.&O.E.
EAU2 45392 Condo Guide DPS_FA.indd 1 006-007-Empire-Corp 02-27-16.indd 1
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SKY 12 480 SQ. FT. ONE BEDROOM + TECH
1 BALCONY
1 Spectacular lake and city skyline views 2 Bright master retreat with walk out to balcony 3 Expansive open concept living and
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4 Multi-purpose tech space perfect for
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LIVING/DINING 22’-4” X 10’-2”
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Welcome home to spacious condominium living. Starting from the mid 200’s If home’s the destination then INDIGO is your ticket to an enriched lifestyle. With convenient amenities nearby, live steps from the Maple GO Station, connecting you to downtown and across the GTA. Everything is at your doorstep at INDIGO. Register at PembertonGroup.com info@PembertonGroup.com I 905.553.1430 Exclusive Listing Brokerage, Royal LePage - Your Community Realty. Brokers Protected. Prices and specifications are subject to change without notice. Illustration is artist concept E.&O.E
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LIVE STEPS FROM GO TRANSIT, VIVA & THE YRT HUB!
Discover the second tower at the successful SkyCity Condominiums in the heart of Richmond Hill and save up to $15,000. An unsurpassed fusion of great location, 17,000 sq. ft. of gorgeous amenities and outstanding value all just minutes from the GO Transit, VIVA and YRT transportation hub.
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*Limited time offer. See a sales representative for full details. Exclusive Listing Brokerage Circle M Realty Corporation. Prices and specifi cations are subject to change without notice. Illustrations are artist’s concept E.&O.E.
FEB 27 - MAR 12, 2016 | NEW CONDO GUIDE 9
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contents FEB 27 – MAR 12 2016 | VOLUME 20, ISSUE 5
20 ON THE COVER
Menkes
Fabik prepares for occupancy
+ online NEIGHBOURHOOD
HOME SEARCH
property profiles MORE +PHOTOS +VIDEOS +ADVICE +INSPIRATION +TRENDING
MAPS
J. Davis House offers gracious condominium living in Davisville Village
trending
WITH
DYNAMIC
56 Mattamy Homes and Biddington Homes
LOOK FOR THE CIRCLE
18
Market news
Housing starts in Ontario humming along
48 The Big Short
Why Canada will never star in it
60 Minto
Get invested at Minto Westside
62 Royal LePage
Home price growth due for cold shower
66 11th annual Icefest The festival returns to Bloor-Yorkville
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010-01
30
41
Condo pro
The occupancy fee: What is it? by Barbara Lawlor
52 Mortgage advice
Mortgage mistakes to avoid by Alyssa Richard
Inspiration
30 Designer advice
The magic carpet guide by Yanic Simard
56
neighbourhood profile
25 Unionville
Thriving heritage village a sought-after destination
buyers’ resource section
80 Hot Properties 905
Previews, new releases and grand openings in the 905
81
Hot Properties 416
Previews, new releases and grand openings in the 416
in every issue
02 Editors’ Note 04 Contributors 70
76
The Artist Project
Where and how to display art in your condo
Tapping your RRSP before retirement
14
Adi Development Group
The first annual Freeze Out Diabetes Skate-a-thon
94 Advertiser Index 95 What’s Online
by Wayne Karl
24 Investor insights
Why pre-construction condos are a great buy
The dos and don’ts
78
Leap Year 2016
Canada’s historical home price growth
by Andrew la Fleur
38
Stat chat
district maps
82 Toronto and Waterfront 88 905 region
Outlook for Toronto condos in 2016 is looking up! by Ben Myers
advice
12
BILD report
Housing affordability an issue for consumers and industry
40 Legally speaking Closing costs 101 by Jayson Schwarz
by Bryan Tuckey FEB 27 - MAR 12, 2016 | NEW CONDO GUIDE 11
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Advice | BILD REPORT
Housing affordability an issue for consumers and industry By Bryan Tuckey
MORE ADVICE ONLINE ypnexthome.ca/news/advice
THE AFFORDABILITY OF housing in the Greater Toronto Area is an important issue. It is one that most GTA residents watch with interest, and it is one that has them worrying about what the future will hold for them and for their children. According to a poll that we conducted with Ipsos, 70 per cent of GTA residents are concerned about their ability to buy their next home. The poll of 1,500 GTA residents was taken in late August. More than one third of the people, some 39 per cent, said they were very concerned, while 31 per cent said they were somewhat concerned about the affordability of their next home. We also asked people if they were concerned about their children’s ability to buy a home in the future. Of those who have either adult children or children under 17, more than three-quarters, some 78 per cent, said they are concerned that their kids will face challenges with affordability when it is time for them to purchase a home. Almost half, 46 per cent, said they are very concerned about their children’s ability to purchase a home. Affordability is also a major issue for the industry and one that we are passionate about. We are in the newhome building and selling business, and we need people to be able to afford to buy our products. As an industry, we continue to innovate and provide consumers with new housing choices that are
affordable. Ground-related developers have been building and will continue to build many different types of townhomes as well as semis and detached homes. Developers building condominiums in the GTA will keep finding creative ways to maximize living space and reduce the suite size to make them more affordable for new-home buyers. But innovation alone will not address the challenge of affordability. Our housing market in the GTA is dynamic and it is complicated. Like all markets it is subject to the economic laws of supply and demand, but to complicate matters it is also impacted greatly by governments at all levels. Things such as land use, housing and fiscal policies, government taxes/fees/ charges, outdated zoning bylaws and approval processes, and lack of land that is serviced with infrastructure and ready for development are key factors in the challenge of affordability. Government fees and taxes amount to an average of one-fifth the cost of a new home in the GTA. A large part of those fees are development
charges. Since 2004, development changes in the GTA have increased between 143 and 357 per cent. Another issue that adds to the cost of building housing is outdated municipal bylaws. Many GTA municipalities are operating under outdated bylaws which can result in project timeline delays and unnecessary expenses for new-home buyers. Increased pushback or NIMBYism from neighbourhoods and residents who don’t understand intensification policies can lead to disputes and delays that often lead to increased costs for new homebuyers as well. To tackle the issue of housing affordability all those involved need to be engaged in finding creative solutions.
Bryan Tuckey is President and CEO of the Building Industry and Land Development Association (BILD) and is a land-use planner who has worked for municipal, regional and provincial governments. He can be found on Twitter (twitter.com/bildgta), Facebook (facebook.com/bildgta) and BILD’s official online blog (bildblogs.ca).
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t u O l l i Ch in HIGH PARK
SEE THE WANDA STUDIO AT OUR OPEN HOUSE THIS WEEKEND. ONLY $284,900
FREE LOCKER* ($3,500 value)
LIVING / DINING / SLEEPING 10’4” x 9’11”
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Cleverly designed, the Wanda suite is the perfect place to relax. It features meticulous finishes, 9 ft. ceilings, ensuite conveniences such as a washer and dryer, plus access to outstanding amenities. And, if you want to get out, you’re right across the street from the park and minutes away from the shops and restaurants of Bloor West Village.
ST
TOTAL AREA: 419 SQ. FT. EAST VIEW
WNE SDO
LAN
30-day move-ins AIL
NR
W AS ST DUND
T. LE S
nt R
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416.351.1844 danielshighpark.com
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DA 1830 Bloor St., W, S S Suite 440 T W
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KSID PAR
HIGH PARK SWIMMING POOL
EST RWE G LLA
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Presentation Centre: D
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Mon/Tues: 12-6pm S Wed: 12-8pm LLE SVA Wknds & Holidays: RONCELLAGE VI 12-5pm Thurs/Fri: closed
SEPARATE * The 5% deposit program, free locker, no closing costs, as well as the $20,000 cash back on studio suites, are available for a limited time only. Other conditions may apply. See Sales Representative SCHOOL for full details. Exclusive Listing: City Life Realty Ltd. Brokerage. Brokers Protected. Prices and specifications are subject to change without notice. Illustrations are artist’s concepts. E. & O.E.
THE GRENADIER
EA
NS WA
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SWANSEA B TENNIS CLU
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FERN AVENUE PUBLIC SCHOOL
2016-02-23 11:01 AM
Advice | FUNDAMENTALLY SPEAKING
LEAP YEAR 2016 Canada’s historical home price growth By Wayne Karl
SINCE 2016 IS a leap year, and Feb. 29 approaches, we thought it would be interesting to examine Canadian home price growth using four-year intervals. We’ve gone all the way back to 1984, and the home price growth is, well… You won’t believe it. If you’ve ever heard the axiom, “Don’t wait to buy real estate, buy real estate and wait,” this story defines its meaning. It also underlines the value of real estate over the long term. We show you where — market by major Canadian market — and by how much.
WHAT DRIVES REAL ESTATE? Strong historical home price growth might be expected, given that real estate is a proven performer over the long term. But looking at the growth in these four-year windows shows some pretty staggering appreciation. It’s important, however, to take inflation and other factors into account. Housing market activity can fluctuate greatly over short time frames, Bob Dugan, chief economist, Canada Mortgage and Housing Corp. (CMHC), told YPNextHome. Over the course of a given four-year period, for example, housing market activity will reflect temporary factors such as swings in supply and demand that accompany normal economic ups-and-downs, as well as other macroeconomic factors. CANADA Canada: Average prices, all home types (% growth) 1984 $76,351
1988
1992
1996
2000
2004
2008
2012
2016
$129,702 $149,864 $150,899 $164,374 $226,604 $304,663 $363,606 $442,264 (70%) (16%) (1%) (9%) (38%) (34%) (19%) (21%)
“While it is true that nominal house price growth was very strong in the four-year window of 1984 to 1988, this coincided with a period of strong overall inflation. Similarly, if we calculate house price growth over the entire period of 1984 to the present using nominal measures, it would be surprising not to see spectacular results for growth, since we are not accounting for the impact of overall inflation over that span of time.” It’s also important to note that mortgage rates have declined significantly since 1984, which, combined with income growth, has increased the borrowing capacity of homebuyers. “As a result, homebuyers could increasingly afford more expensive homes, which in turn contributed to the rise in average prices.”
GREATER VANCOUVER Great Vancouver: Average prices, all home types (% growth) 1984
1988
1992
1996
2000
2004
2008
2012
2016
$113,722 $160,376 $245,260 $288,268 $295,978 $373,877 $593,767 $730,063 $897,158 (41%) (53%) (18%) (3%) (26%) (59%) (23%) (23%)
Sticking with the unadjusted numbers, looking at Greater Vancouver, there was huge growth – 53 per cent – from 1988 to 1992. What happened in this market over that period to contribute to such growth? Hello Expo 86, the world exposition that showcased the city and the province. “Demand to live in the region picked up in the late 1980s and early 1990s,” thanks to this international event, says Richard K. Sam, principal market analyst for Vancouver at CMHC. “An expanding economy and employment opportunities attracted people to Vancouver and fueled populationbased demand for housing. Migration to the area was high, especially interprovincial migration.” BC recorded a net gain of 125,880 people from other provinces between 1986 and 1991, Sam says. Along with job growth, wages and salaries grew at a faster pace, particular from 1988 to 1990. “With these fundamental drivers in place, the demand for housing increased. Vacancy rates in the rental market were below one per cent from 1988 to 1990, and existing home sales reached relatively high levels. Home prices increased as demand exceeded supply.” So how to explain the 59-per-cent growth in Greater Vancouver from 2004 to 2008, well after Expo 86? “After a period of flat home sales and prices between 1996 and 2000, demand for housing started to pick up during the latter half of 2001,” Sam says. “This coincided with improving economic fundamentals (growth in employment, population and incomes), but also with relatively low interest rates.” Along with low mortgage rates, international and interprovincial migration into the region increased, with the city recording a net population gain of 144,348 from 2004 to 2008. One of the main drivers of economic and job growth was the infrastructure needed to support the 2010 Olympic Games, which led to labour shortages in the construction field. “Resales reached their highest level at 42,222 in 2005, while rental vacancy rates, which had climbed to two per cent in 2003, moved back down below one per cent from 2006 to 2008.” …continued on page 16
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COMING THIS SPRING
THE NEW SHAPE OF ERIN MILLS
DANIELS IS SHAPING THE FUTURE OF ERIN MILLS! GAIN EXCLUSIVE ACCESS TO SUITES, FLOORS, VIEWS AND THE FIRST ADVANCE SALE
The Daniels Corporation’s pioneering vision is reshaping the landscape at Eglinton Avenue and Erin Mills Parkway. Arc Condominiums is the newest addition to Daniels Erin Mills – a master-planned, mixed-use community just steps from the Erin Mills Town Centre, Credit Valley Hospital, Highways 403, 401 and the MiWay. With studio to 3 bedroom suites with incredible lake and city views, Arc Condominiums will redefine contemporary living built with Daniels’ legendary quality and integrity. Residents will enjoy unique amenities, including a full court gymnasium and a central community courtyard complete with a running track, open green space, gardening plots, Farmers’ Market and retail opportunities. Love where you live, work, play, grow and shop at Arc Condominiums.
FROM THE LOW $200,000s
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Exclusive Listing: CityLife Realty Ltd. Brokerage. Brokers Protected. Illustrations are artist’s concept. Specifications are subject to change without notice. E.&.O.E. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without prior written permission of The Daniels Corporation, is strictly prohibited.
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…continued from page 14
WESTERN CANADA Vancouver wasn’t the only market in western Canada that was booming from 2004 to 2008. Average home prices in Calgary grew by 82 per cent, and in Edmonton 85 per cent. Even Winnipeg saw 62-per-cent growth. Calgary: Average prices, all home types (% growth) 1984
1988
1992
1996
2000
2004
2008
2012
2016
$86,724 $100,687 $129,506 $134,643 $176,305 $222,860 $405,267 $412,315 $453,936 (16%) (29%) (4%) (31%) (26%) (82%) (2%) (10%)
Edmonton: Average prices, all home types (% growth) 1984
1988
79,215
$82,123 (4%)
1992
1996
2000
2004
2008
2012
2016
$109,602 $109,042 $124,203 $179,203 $332,852 $334,318 $370,010 (33%) (-1%) (14%) (45%) (85%) (0%) (11%)
Strong economic growth in Alberta and Manitoba generated employment opportunities and attracted many migrants to these provinces, according to Lai Sing Louie, regional economist, Prairies and Territories, for CMHC. Winnipeg: Average prices, all home types (% growth) 1984
1988
1992
1996
2000
$58,755
$81,931 (39%)
$81,990 (0%)
$86,142 (5%)
$88,553 (3%)
2004
2008
2012
2016
$121,925 $196,940 $255,058 $279,365 (38%) (62%) (30%) (10%)
“Alberta’s economy generated many jobs in this period, with a peak annual growth rate of five per cent in 2006. In Calgary and Edmonton, the unemployment rates were below four per cent for large periods and temporary foreign workers began to help fill the labour shortage.” As result of strong economic and demographic growth, housing demand increased, lifting housing prices. GREATER TORONTO While Vancouver achieved huge gains from 1988 to 1992, and the rest of Canada saw decent growth, the GTA was the only market in Canada to decline, by four per cent, (and again by three per cent from 1992 to 1996). What happened? Great Toronto: Average prices, all home types (% growth) 1984 $95,423
1988
1992
1996
2000
2004
2012
2016
$212,373 $203,323 $196,476 $243,249 $315,266 $379,943 $498,973 $622,707 (123%) (-4%) (-3%) (24%) (30%) (21%) (31%) (25%)
Hamilton-Burlington: Average prices, all home types (% growth) 1984
1988
1992
1996
2000
2004
EASTERN CANADA Looking across the country, markets in eastern Canada have quietly hummed along nicely over the years. Newfoundland and Labrador, and Halifax-Dartmouth, saw pretty steady though unspectacular growth. What does that say about these markets? Saint John: Average prices, all home types (% growth) 1984
1988
1992
1996
2000
$53,257
$73,502 (38%)
$81,560 (11%)
$82,066 (1%)
$93,697 (14%)
2004
2008
2012
2016
$116,836 $158,117 $168,048 $164,155 (25%) (35%) (6%) (-3%)
Halifax-Dartmouth: Average prices, all home types (% growth) 1984
1988
$78,474
$92,204 (17%)
1992
1996
2000
2004
2008
2012
2016
$99,975 $105,869 $128,003 $175,132 $232,106 $270,742 $280,672 (8%) (6%) (21%) (37%) (33%) (17%) (4%)
Price growth was strongest in Halifax between 1998 and 2008, according to Guillaume Neault, CMHC regional economist, Atlantic, coinciding with a period of residential growth in the resale and new-home markets. Newfoundland & Labrador: Average prices, all home types (% growth)
2008
“All indicators pointed to a bubble in the Toronto housing market during the late 1980s and early 1990s,” says Dana Senagama, principal market analyst for GTA. “The market overheated, which led to an acceleration in house price growth. House prices then became overvalued, and overbuilding was observed before a significant decline in house prices was noted.”
$65,995
Toronto’s housing market faced significant macroeconomic headwinds, from a recession in 1990-91. Mortgage rates were increasing at the same time. “These headwinds resulted in significant job losses, and the subsequent years saw very slow job growth,” says Senagama. “Leading up to the recession, Toronto’s real estate market had gone through a fairly exuberant period that resulted in rapid price growth and home construction. Between 1986 and 1989, home prices were growing at 20 to 30 per cent per year, on average. This encouraged builders to increase supply based on speculation that the previously strong demand would still be there.” But by 1990, Toronto’s new-home market had a large overhang of unsold inventory. The weak recovery in Toronto’s job market and higher mortgage rates led to a lack of buyers, and the market was unable to absorb inventory fast enough to maintain price levels.
2008
2012
1984
1988
1992
1996
2000
$60,629
$76,828 (27%)
$91,590 (19%)
$93,661 (2%)
$99,525 (6%)
2004
2008
2012
2016
$131,499 $178,477 $268,776 $276,302 (32%) (36%) (51%) (3%)
“Between 2008 and today, price growth stabilized,” he says. “(Last year) was the third consecutive year where sales volume and new home starts were 20 per cent less than the 10-year historical average. Construction activity, however, has not subsided. Apartment construction, typically offered in rental tenure, has grown exponentially since 2008. Most of the units cater to households wishing to downsize.”
2016
$135,221 $151,038 $142,267 $164,168 $215,922 $280,790 $360,059 $443,388 (105%) (12%) (-6%) (15%) (32%) (30%) (28%) (23%)
Data provided by Canadian Real Estate Association. 2016 figures are as of Dec. 31, 2015.
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DOWNTOWN
ERIN MILLS CONDOMINIUMS
COMING SOON
DOWNTOWN
ERIN MILLS
Toronto I Yonge & Eglinton’s best value South Tower coming soon Condos from $199,990 416.546.6605
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Toronto I Model home to tour Townhomes from $2.2m 647.344.2573
trust isn’t given, it’s built.
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TOWER 1 UNDER CONSTRUCTION REGISTER TODAY FOR TOWER 2, THE NEWEST RELEASE AT DOWNTOWN ERIN MILLS. MISSISSAUGA’S MOST STYLISH CONDOMINIUMS FROM THE $300’s Don’t miss your opportunity to be a part of Mississauga’s highly successful master planned condominium community. Located just steps to vibrant Erin Mills Town Centre, parks, trails, public transit and schools. Downtown Erin Mills offers a fine collection of suite designs with outstanding finishes and inspired amenities.
PEMBERTONGROUP.COM
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ERIN MILLS
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2
CONDOMINIUMS
Leaders in luxury condominium living in the GTA for over 50 years with unsurpassed quality, service and value. Visit PEMBERTONGROUP.COM for all the latest news and special incentives at our communities. Brokers Protected. Prices and specifications are subject to change without notice. Illustrations are artist’s concept E.&O.E.
G N R R O E A W G N I E D FOST V O R E E P R N E T H T N E ! IN G
INTRODUCING THE
LIVE ON THE GO IN MAPLE
COMING SOON SOUTH TOWER AT CITYLIGHTS
Live close to the greatest attractions THE in and around the Village of Maple.
BEST VALUE AT YONGE AND EGLINTON
2 mins
EAGLES NEST GOLF CLUB 10 mins
HIGHWAY 400
8 mins
10 mins
LA FITNESS
3 mins
FUTURE MACKENZIE HEALTH HOSPITAL 14 mins
FUTURE VAUGHAN CIVIC CENTRE PUBLIC RESOURCE LIBRARY
MAPLE 5 mins
34 MINUTES
PARKS
to Union Station
CANADA’S WONDERLAND
15 mins
VAUGHAN MILLS MALL
UNION
32 MINUTES
to Maple Station
REGISTER NOW FOR EXCITING SECOND TOWER WITH NEW Welcome home to THE spacious condominium living. SUITE DESIGNS, ATmid YONGE Starting from the 200’s& EGLINTON FROM $199,990
Following thethe spectacular of CityLights’ NorthtoTower, we arelifestyle now introducing If home’s destinationsuccess then INDIGO is your ticket an enriched and the South Tower. This soaring landmark building is just steps to all the excitement convenient amenities nearby. Live steps from the Maple GO Station, connecting and you energy of the neighborhood, gorgeous views, magnificent to downtown and across theincluding GTA. Everything is at panoramic your doorstep at INDIGO. amenities and modern urban suites. Register at PembertonGroup.com PembertonGroup.com • 416.546.6605 info@PembertonGroup.com I 905.553.1430 Exclusive Brokerage, Royal LePageYour Community BrokersReal Protected. Prices and specifi cations are subject to change Exclusive ListingListing Brokerages: Harlowe Realty Corporation, BrokerageRealty. and Milborne Estate Inc. Brokers Protected. Prices and specifi cationswithout notice. Illustration is artist concept E.&O.E are subject to change without notice. Illustration is artist’s concept. E.&O.E.
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Trending
MORE TRENDING ONLINE ypnexthome.ca/news
Housing starts in Ontario and Toronto humming along WHILE PARTS OF CANADA deal with
challenging local economies and real estate markets, housing starts — an important indicator of economic health — continue to hum along in Ontario. Housing starts in the Ontario region were trending at 75,325 units in January, up from 73,786 units in December, according to data from Canada Mortgage and Housing Corp. (CMHC). “The Ontario residential construction trend continued to move higher,” says Ted Tsiakopoulos, CMHC’s Ontario regional economist. “All housing types posted increased in the latest month.” The Ontario starts trend ran above levels supported by household formation rates through the second half of 2015. This points to a moderation in activity from recent levels.
“Low inventory in the resale market and increased new home sales over the past couple of years led to stronger starts of both lowrise and highrise units.” “Modest job growth, lower levels of in-migration in recent years and a declining backlog of condominium sales awaiting construction should result in lower levels of starts as we move through 2016,” says Tsiakopoulos. In Toronto, Canada’s largest market, housing starts also trended higher in January — 45,114 units, compared to 44,834 in December 2015. “Last year’s momentum continued throughout January,” says Dana Senagama, CMHC principal market analyst for the GTA. “Low inventory in the resale market and increased new home sales over the past couple of
years led to stronger starts of both lowrise and highrise units.” The standalone monthly seasonally adjusted annual rate of housing starts was 25,329 units in January, up from 24,732 units in December. The increase was the result of greater apartment starts, CMHC says. Construction of 725 new condo apartment units within the city of Toronto meant it recorded the highest number of starts within the GTA. Brampton recorded the next highest, comprising mostly singledetached and townhouse units. This was followed by Milton, where condo apartment construction was robust.
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NG NG I M C O S SP R I THI ES T I U M S PTON U I N MI BR AM O D CON ING TO C OM Located at the
Boutique Condominium Suites from the $300,000s • Studios to 3 Bedroom suite designs • Close to parks, walking trails, schools and recreational facilities • Steps from Brampton Transit • Located minutes from Highways 401 and 407
ALREADY UNDER CONSTRUCTION
northeast corner of Mississauga Rd. and Olivia Marie Rd., Daniels’ Olivia Marie Gardens Community is the best place to put down roots in this highly coveted Brampton location. These boutique condominium suites are unlike anything else in the city, offering Daniels’ quality construction in an energetic community, with exciting retail and everyday conveniences at your doorstep.
5%
buy with only a deposit!
D O N ’ T M I S S O U T - R E G I S T E R T O DAY !
OMGdaniels.com
905-874-8880 Illustration is artist’s concept. Prices and specifications are subject to change without notice. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without prior written permission from The Daniels Corporation, is strictly prohibited. Brokers Protected. E.&.O.E.
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Property Profile | MENKES
cover story
Fabrik prepares for occupancy Menkes to sell remaining suites with just 10 per cent down THEY SAY THAT IN FASHION, it’s the accessories that make
the outfit. The same is true when it comes to Toronto’s most fashionable new condominium, Fabrik, from Menkes Developments. With construction nearly complete, and occupancies scheduled for this summer, the development team is focused on putting the finishing touches on this haute couture condo. “Our design team at Giannone Petricone Associates is overseeing the final construction work and finishing details
at Fabrik as we approach initial occupancies,” says Mimi Ng, vice president of sales and marketing for Menkes Developments. “With the building nearly complete, and move-ins just months away, we still have a small handful of prime suites available for those still looking to live in Toronto’s most fashionable neighbourhood.” Located on Richmond Street, just west of Spadina Avenue, Fabrik is a 17-storey structure featuring a distinctive exterior of stacked glass cubes, atop ground floor retail space. Woven artfully into the heart of the Fashion District, select suites at Fabrik remain available in a variety of layouts and prices (from an efficient 453-sq.ft. one-bedroom layout to a spacious 791-sq.-ft. twobedroom plan). Prices at Fabrik start at an affordable $329,990 and Menkes is currently accepting offers with just 10 per cent down. Inside, Fabrik’s suites all feature spacious nine-foot ceilings, laminate flooring and ensuite Energy Star-rated washer and dryer. Units include full-height, thermally insulated energy-efficient windows and individually controlled centralized heating and cooling systems — ideal for balmy Toronto summers. Kitchens come with Giannone Petricone Associates custom-designed cabinetry, quartz countertops, and ceramic or glass tile backsplash, plus European-style appliances including a built-in Energy Star fridge and
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Location
Richmond St. & Spadina Ave. Builder
Menkes Developments Development
Fabrik Condos Home Type
One - to two-bedroom condo units Sales Centre
770 Bay St. Contact
416.591.7700 fabrik@menkes.com
dishwasher clad with cabinet paneling. Bathrooms have custom-designed vanities with cultured marble countertop, integrated sink basin and full-width mirror. Fabrik offers a top-flight amenity program enabling residents to tap into the energy that infuses this hip new condo community and establish connections with their building neighbours. Amenities include a fully equipped gym with cardio and weight areas, games room, Hollywood-style screening room, and pet spa — an essential for today’s condo dweller. There’s also a hotelstyle guest suite, and convenient on-site bicycle storage for those who prefer to take advantage of the city on two wheels. The building’s party room offers the perfect spot for entertaining guests, equipped with a catering kitchen, bar, lounge seating, double-sided gas fireplace and outdoor terrace. Residents and their guests can soak up the sun
this summer — as well as the spectacular city views — from Fabrik’s 12th floor private outdoor terrace, which features lounge seating, a gas fireplace, BBQ facilities and a sundeck. “Boasting an excellent location, contemporary design and an enviable amenity package, Fabrik has been one of our most talked about projects since its launch,” says Ng. “With occupancy about to begin, words are turning into action and we are about to deliver on our promise to develop a stylish, well-designed building that adds even more life to an already bustling area.” For more information on Fabrik, visit the Menkes condo centre at 770 Bay St., Toronto. Open from 12 p.m. to 6 p.m. Monday to Thursday, closed Friday and open on Saturday, Sunday, and holidays from 12 p.m. to 5 p.m; call 416-591-7700 or email fabrik@menkes.com. FEB 27 - MAR 12, 2016 | NEW CONDO GUIDE 21
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Condos and Towns From the $300’s
Construction starting Fall 2016 Suites from the $400s to over $2.5 million
ROSEDALE’S REVOLUTION IN LUXURY LIVING An impressive and beautifully proportioned limestone façade marks this prominent intersection on Yonge Street.
Condos and Towns from the $300’s
LIVE AT STUDIO, BE DOWNTOWN Select suites are still available. Don’t miss this final opportunity to live amidst a cultural mecca of theatres, restaurants and lifestyle hotspots, plus the new OCADU art gallery right at the base of STUDIO. L E A R N
M O R E
SCENIC3 STUDIO SUITES The Scenic studios offer an incredible opportunity for first-time buyers to break into the market. They’re spacious, easily affordable and given Scenic’s incredible location, make a wonderful investment.
aspenridgehomes.com
Brokers Protected, Limited Time offer. See Sales Rep for full details. Prices, Specifications and programs are subject to change without notice. Illustrations are artists concept. E & O.E. *Provided the purchaser completes the transaction on the contemplated unit transfer date the purchaser shall receive a credit on the statement of adjustment in the amount equal to12 monthly common expense fees relating to the unit and any parking or storage applicable. Deposit 5% down and 10% due on occupancy.
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Advice | INVESTOR INSIGHTS
Why pre-construction condos are a great buy By Andrew la Fleur
MORE ADVICE ONLINE ypnexthome.ca/news/advice
THERE ARE MANY DIFFERENT ways
you can invest and make money in real estate. Most types of real estate investing are very hands-on and require a lot of time and effort. Investing in pre-construction condos on the other hand, can be highly lucrative with minimal effort. Here are four reasons why I believe that preconstruction condo investing is the best way to invest and make money in real estate. 1. Leverage The number one reason why so many real estate investors look to the pre-construction condo market is the ability to leverage their money over time. With just 15 to 20 per cent of your own money, you can buy 100 per cent of an appreciating asset, and you get to hold that asset for three to four years without making any payments on it. Over the last decade in Toronto, thousands of investors have seen incredible returns by simply buying, waiting, then selling on completion. 2. Access to triple-A locations Condo investing allows ordinary investors to get a piece of real estate in otherwise unattainable locations. Owning real estate on Yonge Street, King Street or on the waterfront is made possible for average investors only through the power of condo investing. And with many developers offering flexible deposit structures, you can own in these prime locations
for a fraction of what it would cost to buy a commercial property, a house, or a small apartment complex in the same locations. 3. Low maintenance New condos are perfect for the busy professional or self-employed business person because you can own multiple units with little to no monthto-month property management. Many of my clients tell me that they are so busy with their full-time jobs or their businesses, they don’t have time to start a part-time business as a landlord. Compared to buying a house or a commercial property, new condos offer the lowest maintenance with the highest rentability which means there’s nothing to fix or maintain and your unit will rent out very quickly, saving you time for what really matters in your life.
4. Rental demand Since the end of the highrise apartment construction boom of the 1960s, there have been almost no purpose-built rental buildings in the City of Toronto. Yet our city keeps growing by tens of thousands every year. The need for new rental units is now filled almost entirely by new condominiums and tenants always want to live in the latest and greatest buildings. Buying pre-construction guarantees that you will own the newest apartment on the block when the building is complete and condo investors know that renting out a unit in a brand new building has been a very lucrative experience. Andrew la Fleur is an award-winning realtor with Re/Max. Andrew’s expertise is in helping investors make money in the Toronto condo market. Contact Andrew at 416.371.2333 or andrew@truecondos.com.
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T O D AY ’ S L I F E S T O R E Y S TA R T S THE EGLINTON
FABRIK
HARBOUR PLAZA
365 CHURCH
87 PETER
PEARS
THE EGLINTON YONGE & EGLINTON NOW OPEN FROM THE MID $200’S 416.591.7700
87 PETER PETER & KING UNDER CONSTRUCTION SUITES FROM $735,990 416.591.7700
FABRIK RICHMOND & SPADINA MOVE-IN SUMMER 2016 FROM THE $300’S 416.591.7700
HARBOUR PLAZA HARBOUR & YORK UNDER CONSTRUCTION FROM THE MID $300’S 416.591.7700
365 CHURCH CHURCH & CARLTON UNDER CONSTRUCTION FROM $248,990 416.591.7700
PEARS AVENUE & DAVENPORT MOVE IN NOW FROM $420,000 416.323.0100
HERE
FA S H I O N A p o p u l a r t r e n d i n s t y l e s o r m a n n e r s o f b e h a v i o u r. A manner of doing something.
MENKES.COM
@MENKESLIFE
See sales representative for details. Prices and specifications are subject to change. E.&O.E. 2016
S TA R TR TTOT O S TSYTLYEL E S TA Y OYUORU LRI FLEI F AT A A DW E AT DTWNT N L OLCOAT I OINO N T HTAT C AT H AT M EMAESAUSRUERSE U S P. U P.
MO I NI N T HTI H S IY MVOEV E S EYAERA. R . FAFA B RBI R KI K IS IT P EPREFREFCETC F S HTEH E T I T. F I T. Now’s a great timetime to complete youryour image and own youryour own own home at at Now’s a great to complete image and own home FABRIK. Discover somesome of the mostmost stylish restaurants, nightlife FABRIK. Discover ofcity’s the city’s stylish restaurants, nightlife and and clothing stores on the KingKing Street West. The shopping clothing stores on nearby the nearby Street West. The shopping never stopsstops with with Spadina, Kensington Market and and Chinatown rightright never Spadina, Kensington Market Chinatown there. The The city city never sleeps with with the hottest nightclubs, bars bars and and there. never sleeps the hottest nightclubs, fashionable lounges nearby. The rich of the itselfitself fashionable lounges nearby. The texture rich texture ofcity the weaves city weaves into into youryour life, embracing you with its wide-eyed vitality. life, embracing you with its wide-eyed vitality.
MOVE IN IN SUMMER 2016 ONLY 10% DOWN MOVE SUMMER 2016 ONLY 10% DOWN 1 &1 2&BEDROOM SUITES AVAIL ABLE 2 BEDROOM SUITES AVAIL ABLE STARTING FROM THE $300’S STARTING FROM THE $300’S Learn moremore at the Condo Centre at 770 Bay Bay St., Toronto. Learn atMenkes the Menkes Condo Centre at 770 St., Toronto. Call Call 416.591.7700 or visit us online at menkes.com 416.591.7700 or visit us online at menkes.com
See sales See representative for details. andPrices specifications are subject change. sales representative forPrices details. and specifications aretosubject toE.&O.E. change.2016. E.&O.E. 2016.
Neighbourhood Profile
Unionville Thriving heritage village a sought-after destination By Sonia Bell
demand and the housing prices continue to skyrocket. An increase in condo developments and new townhouses set at more reasonable prices are drawing in first-time buyers.
MORE PHOTOS ONLINE ypnexthome.ca/unionville-neighbourhood
UNIONVILLE IS A THRIVING heritage
village in the northeast corner of the GTA and in the heart of the City of Markham. This quaint neighbourhood was erected in the late 1700s and has since become an extremely soughtafter area for its beauty and history.
preservation of heritage homes and buildings, especially along the iconic Main Street. There is a sense of vibrancy resulting from the friendliness of the residents and the town’s annual festivals, including the Unionville Festival, Jazz Festival and the Festival of Lights.
Lifestyle Main Street Unionville is home to the majority of the area’s hotspots. A combination of scenery, activities and people makes Unionville a pleasant place to live. There is a thriving cultural scene with the Flato Markham Theatre, the Varley Art Gallery and McKay Art Centre. Unionville High School, specializing in the arts, was attended by actors Hayden Christensen and Emmanuelle Chriqui.
Meet the neighbours With Markham being one of Canada’s most multicultural cities, Unionville is also home to people with varying ethno-cultural backgrounds. The neighbourhood is packed with married couples and families who are drawn to the low crime rate and the area’s facilities, including community centres, golf courses, schools and libraries.
Vibe Unionville is highly regarded for its historic look and feel due to the
In the area Unionville is one of the most affluent towns in the GTA. There is high
Planes, trains & automobiles The 407 is easily accessible, but can be expensive to use. Unionville GO Station means downtown Toronto is a short commute along the Stouffville line. VIVA bus service also makes stops throughout the GTA. By car, the airport is about 30 minutes away and residents are just 34 kilometres from downtown Toronto. The good, the bad & the rest There are multiple grocery stores in the area and Markville Mall is the main shopping centre. The majority of the nightlife takes place on Main Street, where there are a number of restaurants and pubs. The area’s diversity is reflected in the variety of restaurants, making it a hotspot for foodies. The Markham Centre is well into its development and will provide residents with a unique downtown area with both residential and commercial spaces. Real estate There is an immense amount of development in the area, causing some concern regarding its gentrification and whether the town will be able to sustain its historic edge. Due to the constant building in and around the neighbourhood and the growing population, the streets are also becoming congested.
Sonia Bell works with Yellow Pages NextHome to get the inside scoop on what’s trending in real estate, renovation and decor. She has her master’s degree in communications, specializing in media, and loves writing about all things real estate.
FEB 27 - MAR 12, 2016 | NEW CONDO GUIDE 25
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luxury homes and condos to life N FALL 2015 | GTA EDITIO
created exclusively to showcase luxury homes and condo developments, Luxury Living is the first premium magazine of its kind.
es
discerning shoppers will enjoy browsing sophisticated design and editorial, and most importantly, the quality selection of premium, high rise and low rise developments in the GTA.
Sitting pretty:
GTA’s living the high life in the condos and es hom ous uri most lux ON PAR: LIFE IN GOLF COMMUNITIES
LUX HIGH-END LIVING: THE CONDO EVOLUTION
Cover photo courtesy of
SPRING ISSUE COMING SOON
The Randall Residences BY ROSEHAVEN HOMES
A LIFE OF COLOUR: DECOR JONATHAN ADLER ON 9/21/15 1:38 PM
LuxuryCover-FALL 2015.indd
1
PM 5:30PM 4/15/15 4:24 15-04-15
Get your copy now! 416.626.4888
RING 2015.inddd 11 Luxury Spring 2015_Master.ind LuxuryCover-SP
026-Luxury Condo.indd 26
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Life happens between the lines at the Whitehaus From the $300’s Welcome to Whitehaus, midtown’s most connected condominium community, steps to the subway, restaurants and all the excitement and energy of Yonge and Eglinton. With its defining architecture and inspiring amenities, Whitehaus is set to be an iconic new destination in this vibrant neighbourhood.
Register now I whitehaus.ca Prices and specifications subject to change without notice. E. & O. E. Illustration is artist’s concepts. Brokers protected. Exclusive broker listing: Baker Real Estate Incorporated.
FEB 27 - MAR 12, 2016 | NEW CONDO GUIDE 27
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A COMBINATION RARELY OFFERED. AN ICON RARELY SEEN. Located on the northeast corner of Lake Shore Blvd. and Bathurst St. in downtown Toronto, rising majestically above an iconic structure, The LakeShore will be one-of-a-kind. Exceptional lake and city views. 50,000 sq. ft. Loblaws flagship supermarket, 11,000 sq. ft. restaurant, and 88,000 sq. ft. of additional retail. Refined suite design. Inspired features and finishes and a compendium of life, health, and fitness amenities like none other. This is The LakeShore. Life in full. Visit TheLakeShoreCondo.ca.
416-813-0999 TheLakeShoreCondo.ca FEB 27 - MAR 12, 2016 | NEW CONDO GUIDE 29
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Inspiration | DESIGNER ADVICE
MORE ADVICE ONLINE ypnexthome.ca/news/advice
THE MAGIC
CARPET GUIDE
By Yanic Simard Photography by Brandon Barré
AREA RUGS HAVE BEEN adding bold colour and
exotic pattern to floors of all forms since at least the 5th century BC, and the high-tech carpet industry has been booming for centuries (since 1791, to be precise, when the first woven carpet mill opened in Philadelphia). Lately, hardwood floors (and their lookalikes) have been the staple in condo design, but now I see rugs in all forms coming back in style to bring the warmth, coziness and colour that only they can provide. They’re a perfect complement to wood, so you don’t even have to choose between the two! To achieve a timeless look in your highrise home, here’s my “magic carpet” guide. …continued on page 32
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fifthonthepark.NEW2016febNEW2:Layout 1 2016-02-07 10:09 AM Page 1
North York’s Success Story
Near Fairview Mall and Don Mills Subway† NOW UNDER CONSTRUCTION Last Chance at Pre-Construction Prices! From the mid $200’s
EMERALD CITY IS NEAR DON MILLS AND SHEPPARD AVENUE
A BOLD AND DRAMATIC PRESENCE IS EVOLVING AT DON MILLS ROAD AND SHEPPARD AVENUE.
THE MASTER PLANNED COMMUNITY OF EMERALD CITY. ✓ Buy with 10% Down† ✓ Special Incentives†† ✓ New One+Den Designs Fair view Mall
SHEPPARD AVE Presentation Centre Forest Manor Rd.
HW Y 401
N
HW Y 404
DON MILLS RD
T TC
Fifth onthePark.ca Visit our Presentation Centre directly across from Fairview Mall on Sheppard Avenue PRESENTATION CENTRE Mon-Thurs 11-6 pm :: Saturday & Sunday 12-5 pm For more information, call 416.492.0001
EXCLUSIVE LISTING: BAKER REAL ESTATE INCORPORATED BROKERAGE. † 5% due in 30 days, 5% due in 120 days and the remaining 10% is due on interim occupancy. Offer limited to qualified Fifth on the Park purchasers only. † † Ask sales representative for details. Incentives and offers are subject to change and may be withdrawn at any time without notice. Offers and incentives may not be combined with any other offers or incentives. Views are subject to change without notice. The image is for illustrative purposes only and in no way represents or guarantees the views nor represents or guarantees any condition at present or in the future, which may obstruct or impede the views, including but not limited to current or future construction plans by the developer or others. Neither the developer nor its agents make any guarantees of the existence of any view from any unit or location within Emerald City. The Fifth on the Park is the second tower out of three proposed towers within this phase. Rendering is an artist’s impression. All prices, sizes and specifications are subject to change without notice. E.&O.E. Brokers Protected.
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Man versus machine » Hand-knotting is the traditional method of creating Persian or Oriental rugs. These rugs are hand crafted with complex knotting techniques to leave a dense, soft surface of exposed fibres. The higher the knot count, the denser the weave, and the finer the rug. » Machine-made rugs can be created in a number of ways. Tufted rugs usually glue synthetic fibres to a backing, a bond which can degrade over time. Machine-knotted rugs better simulate handmade versions and tend to last longer than tufted rugs. » Lastly, woven rugs use looms to interlock the yarns to the backing. The quality will depend completely on the type of materials used.
Material matters Wool typically gives the richest look, but also comes with the highest price tag. The dense, natural fibres resist soil and dirt, but often absorb stains. Silk is often blended with wool in fine rugs (especially true antiques) to give a luxurious feel and look, but must be treated delicately. Sisal gives an inviting natural look like wool, but is rougher to the touch. It’s often used for stairs, welcome mats and other high traffic areas. I’m particularly a fan of it for a dining room. Nylon is a very practical and costeffective option. The synthetic fibre is resilient, and easy to clean and maintain (making it ideal for high traffic areas). Polyester is a synthetic similar to nylon, but less crush resistant, and harder to dye (which limits options). It resists water-based stains but is prone to oil-based stains. Olefin is another synthetic option which is highly resistant to chemical
I see rugs in all forms coming back in style to bring the warmth, coziness and colour that only they can provide. They’re a perfect complement to wood, so you don’t even have to choose between the two! stains (although not to oil). It is often used outdoors (especially around pools) as it resists sun and moisture. Leather and hide rugs can come as single sheets or woven (typically in a basket-weave form). An organically shaped hide (real or faux) works well for awkwardly shaped rooms, or even as an accent layered over a larger rug. TIP Ask your rug supplier about treatment options for your favourite rug type. Scotch guarding and similar treatments can increase the durability of your rug, but may also reduce the quality of the texture.
Your brand new pad » Carpet pads are key to extending the life of your rug or carpet, so don’t skip this step. For larger areas, padding should be laid so the seams do not run parallel to any seams in the carpeting. This will prevent buckling and undue wear and tear. » A pad also helps a carpet to lie flatter (especially for larger rugs), and stay in place, so if your rug has a mind of its own, it’s probably only because it doesn’t have the proper support! …continued on page 34
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R I V E R C I T Y AWA R D S T O R O N T O U R B A N D E S I G N AWA R D 2 0 1 5 P E O P L E ' S C H O I C E AWA R D 2 0 1 4 B I L D AWA R D 2 0 1 3 A N D 2 0 1 5
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Selecting your area rug The look of an area rug is both classic and contemporary, mixing the crisp sleekness of a wood or stone floor below, with a warm and inviting stretch of carpet on top. Of course, this can often require a double investment. I believe getting the best of both worlds is worth it, so here are a few tips for choosing your area rug the right way: » As a general rule, budget the same for your rug and your sofa. Both will take a lot of wear and be a feature you enjoy every day, so the investment should be about the same. » Area rugs are a great way to bring a splash of colour, pattern and texture, which can be moved or replaced seasonally as a way to keep your decor fresh. Don’t be scared to go bold, as you can always move or temporarily store it later for a change. » If a room has one major seating group, a rug can anchor the seating area, or fill almost the whole room. » Your area rug should reach the furniture it’s grouping together, rather than float in the middle. Get a size big enough to at least tuck under the front legs of sofas and chairs. » A dining room rug should anchor the dining chairs even when they have people sitting in them (usually about two ft. from the edge of the table). » Rugs tend to come in standard sizes, so you can measure your space in advance and have a pretty good idea of what to look for. Very common: four by six ft., five by seven ft., six by nine ft., eight by
10 ft., nine by 12 ft., 12 by 14 ft.
Carpet tiles » If you want to avoid investing in some temporary accommodations, or you’re simply worried about a sudden spill or animal attack taking the value out of a good investment, carpet tiles from companies like FLOR will create either a wall-to-wall or area
solution of virtually any shape and size, which you can then replace any time you like. » I recommend buying a few extra carpet tiles beyond what you need. You’ll have spares for replacements, and if you want to move the rug to a new room (or a new home) you can size it up easily.
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.
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Advice | STAT CHAT
Outlook for Toronto condos in 2016 is looking up! By Ben Myers
MORE ADVICE ONLINE ypnexthome.ca/news/advice
IN EARLY FEBRUARY, I had the pleasure of being a panelist alongside Phil Soper at a 2016 housing market outlook event in Oakville put on by FFM Capital Inc. and the Troy McLean Team. Phil is the CEO of Royal LePage and Brookfield Residential Services, and was recently ranked the most influential person in Canadian real estate. We talked everything real estate, from the worry of a housing bubble to foreign investors to the current situation in Calgary. Hopefully there will be a highlight video posted on the Fortress Real Developments website very soon. One of the first topics we discussed was affordability, and I pointed to many families jumping the Greenbelt and seeking out new single-family homes in places like Bradford, East Gwillimbury, and Barrie to the north, Burlington to the west, and Clarington to the east. I also discussed the most common alternative — living in condominiums, as single-detached housing in Toronto is now a luxury item. Mr. Soper discussed foreign buyers, declaring that it is absurd to think the foreign buyers are driving up housing prices in Toronto to any major degree — it is a lack of quality listings. He also believes that the low Canadian dollar, strong immigration, and inadequate supply will all lead to higher house prices in the Greater Toronto Area in 2016. He mentioned that Royal LePage is forecasting resale price growth of 5.5 per cent this year for
the GTA. Before the event ended, I was quick to point out that my 2015 forecast was much closer to the actual result at year-end than the Toronto forecast by Royal LePage, and that I believe housing prices will accelerate much faster in 2016 than anyone else. The Fortress forecast, which will be included in the upcoming Spring 2016 Market Manuscript, is for overall price growth of 9.1 per cent for the GTA resale market. I expect lowrise housing to potentially grow at a rate as high as 12 per cent, but condos to be more subdued, at around 3-4 per cent year-over-year price inflation. The Toronto condo market will again be in a ‘Goldilocks’ market, meaning it won’t be too hot or too cold. This is the ideal market condition: price growth topping overall inflation, but not too strong to hurt affordability, not too rapid as to cause a bubble, or too strong to attract short-term speculators and flippers, but strong enough for
prospective homeowners to feel comfortable buying, and developers to pursue new projects. Real estate economist Will Dunning is calling for 18,500 new condo sales in 2016, and he had the best forecast for 2015. Given the momentous demand in the market, this big number might actually represent an undersupply of highrise units when they ultimately come to occupancy several years from now. My advice will always be to do your research, go to many sales offices as possible, and surround yourself with a good realtor, a mortgage broker, and hopefully a peer that has bought a condo before. Happy condo hunting! 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.
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Advice | LEGALLY SPEAKING
Closing costs 101 By Jayson Schwarz
MORE ADVICE ONLINE ypnexthome.ca/news/advice
WHEN YOU CLOSE on your new home,
there are three groups who will come a-knockin’ looking for payment — the builder, the government and the lawyer. Your lawyer generally collects all of the necessary money from you and your mortgage company, doles it out to the builder and government, and keeps his cut. The builder will get paid the purchase price of the property from your mortgage company, less the deposit — which you’ve already paid. You may even get a credit for certain items called “adjustments” which will be reflected on a document called the Statement of Adjustments. HST payable, the original purchase price on the property, real estate taxes, hydro expenses, common expenses and maintenance fees (as applicable), connection costs, levies and charges are but a few examples. Review this document carefully and ensure you understand all the charges that you are required to pay. This is the final figure owed to the builder. The Ontario and City of Toronto governments also want their share, in the form of land transfer taxes and sales tax. There are many other items, but they usually show up on your lawyer’s disbursement account or trust reconciliation, as do many of the municipal compliance request charges. Speaking of the lawyer’s account... First of all, you have to
“Remember, a large part of your closing costs is based on what you negotiate at the beginning of the purchase process.” pay the legal fee, whatever the amount you agreed to. You did have a pre-agreed fee, didn’t you? Then come disbursements, those monies expended by your lawyer on your behalf necessary to close the transaction, like registration charges, title insurance, couriers and searches. Be careful — it is here that someone may try to take advantage of you by charging high fax, mail and photocopy fees. Have your lawyer
justify all expenditures that don’t make sense. Remember, a large part of your closing costs is based on what you negotiate at the beginning of the purchase process. 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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LIVE ON THE WATERFRONT
Buy now and receive $50,000 in savings plus 3 Years Free Maintenance on select suites
MOVE IN TO YOUR SPECTACULAR WATERFRONT HOME THIS YEAR
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Overlooking the spectacular city skyline, wrap-around balconies provide this 50-Storey gem a brilliantly distinctive appearance.
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FOR MORE INFORMATION REGISTER AT MATTAMYHOMES.COM FOLLOW US: SALES CENTRE ADDRESS: 2167 Lake Shore Blvd. West, Etobicoke, ON, M8V 0A8 • 647-347-5930 WINTER SALES CENTRE HOURS: Monday - Thursday 12 pm - 6 pm; Friday By Appointment Only; Saturday - Sunday 11 am - 6 pm Prices, specification and promotions are subject to change without notice. Renderings are artist’s concept and images are for mood and impression only. E.&O.E. March 2016.
Advice | CONDO PRO
The occupancy fee: not a mortgage payment, not rent. So, what is it? By Barbara Lawlor
MORE ADVICE ONLINE ypnexthome.ca/news/advice
ONE OF THE MOST misunderstood expenses of condo ownership is the interim occupancy fee. When your lowrise home closes and you move in, you officially own it. With a condominium, depending on when in the sales/construction process you purchase, you will most likely enjoy occupancy long before you receive the title to your suite. Unless you move in after the condo is registered, you do not own your suite outright. You enter into what is referred to as “interim occupancy.” This is the gap between the occupancy date given to you once rooftopping has occurred, and when the condominium is registered and you receive title. Until that time, the suite is still owned by the vendor. In Ontario, a “condominium” is not formed until it is completed and passes the approval processes that enable it to be registered with the land registry office. In highrise condos, the lower floors are finished long before the upper levels, but the approvals process begins once the first suite is occupied. It typically takes up to six months, although sometimes it can be quicker. During this time, you will pay an occupancy fee to the developer. This fee encompasses three elements. First, it is determined by the interest portion of the balance owing on the purchase price (usually payable on the registration date) based on a one-year mortgage rate
With a condominium, depending on when in the sales/construction process you purchase, you will most likely enjoy occupancy long before you receive the title to your suite. of the Bank of Canada. Second, it includes the estimated maintenance fees for the suite, and third, its portion of the estimated real estate taxes. There are also other fees such as the enrollment of your suite with Tarion Warranty Corp. You may think of this as rent, but it’s not, and it’s also not money that can be applied toward your mortgage. Once the title is transferred, you take
out your mortgage and the builder/ developer receives the money. The benefit to the suite owners is that you get to move in more quickly and don’t have to wait until registration. 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. FEB 27 - MAR 12, 2016 | NEW CONDO GUIDE 41
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What life needs...
AN URBAN OASIS The amenities you’ll discover at Southside are second to none. A huge private courtyard, 7th floor Sky Garden, spectacular outdoor pool with sun decks and a range of additional amenities that also includes a wonderful children’s playroom and, for your student body, a quiet WiFi/Study Lounge. Don’t take a vacation, just take the subway to Wilson Station, it’s just steps away. Oh, by the way, Yorkdale Shopping Centre and York University are close by too. What life needs is everything you want, just minutes from downtown. Southside at Gramercy Park.
Coming soon to the Yorkdale community.
Priced from the $190’s. Register today at southsidecondos.ca
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WILSON AVE
SOUTHSIDE HWY. 401 YORKDALE SUBWAY
Exclusive Listing: Cornerstone Marketing Realty Inc., Brokerage. Brokers Protected. Prices and specifications are subject to change without notice. E. & O.E. Illustrations are artist’s impressions.
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You’ve arrived.
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Illustration is artist’s concept. Prices and specifications to change without notice. E. & O.E.
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Illustrations are artist’s impression. Prices, sizes and specifications subject to change without notice. E.&O.E. Exclusive Listing: Backer Real Estate Incorporated, Brokerage, Brokers protected. Offers valid on select suites only and are limited time only. Offer subject to change or withdrawal without notice. See sales representative for details.
FEB 27 - MAR 12, 2016 | NEW CONDO GUIDE 45
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*Prices and specifications subject to change without notice. Plaza® and Pure Plaza® are registered trademarks of Plazacorp Urban Residential Communities and used under license. All rights reserved. E.&O.E. February 2016.
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Trending
The Big Short? Not in Canada By Elisa Krovblit
ARE YOU WORRIED that the Canadian market is in for its own ‘Big Short?’ With five Oscar nominations, ‘The Big Short’ was one of the blockbusters of 2015. Not your typical hit, it was more of interest to market watchers and financial types. It was an intense movie, doing its best to explain why banks needed bailouts and homeowners found themselves in foreclosure with the U.S. market crash in 2008. If you’re worried that we’re next for a ‘Big Short’ in Canada, you can relax. The circumstances are different and we’re not at a risk for a Canadian ‘Big Short.’ The difference is in our banking practices. Of course, the hysterics may point to the slumping dollar, the potential of rising interest rates, the new rules on mortgages and the non-stop talk of a bubble as signs that we’re headed for financial crisis, but I doubt we’ll see any broad financial disaster. There’s no bubble. Inflated prices? That’s market value — supply and demand at work. New mortgage rules are a safeguard.
Let me explain. ‘The Big Short’ was predicated on greed, irresponsibility and opportunity. Real estate markets were hot and banks were making massive amounts of money on mortgages. Bonuses were given based on the number of mortgages approved, so there was huge motivation for mortgage approval. The banks were stacking these mortgages together to back bonds. Between obscene bonuses, great business on the books and happy new homeowners, it seemed like a winwin-win all around. Except a huge number of those mortgages were given to people who should never have been approved. Bonds that were backed by what should have been solid AAA mortgages were actually being backed by mortgages that were likely to default. And that’s precisely what happened.
MORE TRENDING ONLINE ypnexthome.ca/news
Mortgages defaulted and, as the market plummeted, homes became worth much less than their mortgage value. Short sales were common for banks to try to recoup whatever they could, but they lost a lot of money on these mortgages that couldn’t be recouped. To make it worse, in 2005, one multimillionaire surgeon-turned-hedge fund manager dug deep into this data and discovered the disparity, predicting the crash. He realized that these mortgages weren’t strong and that the foundation of the money market was much, much weaker than anyone realized or wanted to admit. So he did what any renegade hedge fund manager would do — he saw an opportunity to make a lot of money and he bet against the banks. The banks took his bet — what they perceived to be a high-stakes-no-risk bet – because this scenario seemed incredulous, completely impossible to them. In fact, two other fringe investor groups found out what he was doing and opted to do it too. And we know what happened next — the “impossible” happened. Have you ever tried to get a mortgage in Canada? You need to qualify. You need to provide tax assessments, pay slips, T4s — you need to prove your income and verify in triplicate that you’ll be able to pay the mortgage. With good income and great credit, you’re not a huge credit risk. With big banks bound by minimum downpayments and very specific approval criteria, mortgages in Canada are stable. As an additional safeguard to the
health of the Canadian mortgage industry, the government introduced new legislation in February of 2016, raising the minimum downpayment on mortgages. The ratio of borrowing to value is lower this way, enabling the banks to sell properties for what is owed on them to recoup loss in the case of mortgage default and foreclosure. Even if the market were to downturn, the borrow-to-value ratio would compensate the banks appropriately. While we may experience market volatility — and we have in the past — our market is stable. As for ‘The Big Short?’ Grab some popcorn, it’s a really interesting movie, but I just don’t think Canada will ever be starring in it.
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Starting from $199,990* LOCATION • DESIGN • LIFESTYLE • Easy access to Hwy 401/404/DVP, TTC Don Mills Station • Stunning Architecture Design • Steps to shops, restaurants, parks, school and more • Sophisticated urban living with incredible amenities
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MOVE IN SPRING 2016! YONGE STREET IN THE HEART OF RICHMOND HILL
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Prices & specifications subject to change without notice, E. & O. E.
2016-02-23 2:01 PM
Advice | MORTGAGE ADVICE
The 5 biggest mortgage mistakes to avoid By Alyssa Richard
MORE ADVICE ONLINE ypnexthome.ca/news/advice
NOW THAT YOU’VE decided to buy a home, there are numerous steps in the process that you’ll have to follow. When it comes to getting a mortgage, it could cost you in the long run if you make a mistake or two. To help you save money and avoid potential problems down the road, here are some mistakes you should avoid:
1. Not knowing your credit score/rating Lenders love borrowers with a good credit rating. They’re often the ones who pay their bills on time, don’t use a large percentage of their available credit, and have different types of credit, such as a credit card, car loan, and line of credit. If you have good credit, you should be able to qualify for the best mortgage rates. But if you have bad credit, expect to get a mortgage with a higher interest rate. Not sure of what your rating is? You can get your credit score from Equifax or TransUnion. 2. Not being pre-approved for a mortgage If you’ve been looking at properties for a while, you might suddenly find the perfect home. But it’s possible you won’t be able to afford the place. That’s why it’s best to get preapproved for a mortgage so you’ll know how much you can afford. Many lenders will guarantee your pre-approved rate for a period of
between 60 to 120 days. That’ll give you time to find a property in your price range. 3. Not shopping around for a mortgage If you think you’ll get rewarded with the lowest rate from your financial institution because you’ve been a loyal customer for a number of years, think again. Your institution may not have the best rate while a rival across the street might have a lower rate. You should do some comparison shopping on a site like RateHub.ca before getting a mortgage. You can also hire a mortgage broker who can do all the legwork at no cost to you. 4. Not making more payments No one really likes to carry a large mortgage. Typically, mortgage payments are made on a monthly basis, but there are ways to pay it off faster by using accelerated biweekly payments. For example, if you have a $400,000 mortgage with a 25-year amortization and make
monthly payments, your mortgage won’t be paid off until 2041. We used RateHub’s mortgage payment calculator and found that if you make accelerated payments, you’d pay off your mortgage nearly three years earlier and save about $15,000 in interest. Also, most lenders allow you to make lump-sum payments, which will let you pay your mortgage down faster and save you thousands of dollars in interest. 5. Not preparing for extra costs Buying a home can end up costing a lot more than you’d expect. First, there are closing costs, which include legal fees, title insurance and the land transfer tax. You might also need to reimburse the seller for the property taxes and utility bills they’ve already paid. These costs will add up to anywhere from 1.5 to four per cent of the property’s purchase price. Alyssa Richard is the founder and CEO of RateHub.ca, a mortgage rate comparison site that aims to empower Canadians to make smart financial decisions.
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*Prices and specifications are subject to change without notice. Rendering is artist’s concept. E. & O. E. Exclusive Listing Brokerage: Milborne Real Estate Incorporated. Brokers Protected.
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Property Profile | MATTAMY HOMES & BIDDINGTON HOMES
J. Davis House Discover gracious condominium living in Davisville Village
THE EXCITING OPPORTUNITY to live
Location
Yonge & Davisville Builder
Mattamy Homes & Biddington Homes Development
J. Davis House Home Type
Studio to two-bedroom plus den units Contact
jdavishouse.com
in a brand new condominium in the established Davisville Village area of Toronto is now a reality. Mattamy Homes and Biddington Homes have introduced J. Davis House, a midrise condominium situated right on Yonge Street. Come explore what this gracious residence has to offer including a location just a block north of the Davisville subway station, and less than 15 minutes from Toronto’s downtown core. The area features parks, green spaces and trails for cycling and walking, including nearby Moore Park and Rosedale Ravines, where birders and wildlife watchers can observe a variety of species. Davisville Village is in such close
proximity to so many amenities that the location earns the rankings of “Walker’s, Rider’s and Biker’s Paradise” along with a Walk Score® of 96 out of 100. Everything you need is practically at your doorstep — libraries, excellent schools, outstanding recreational facilities, nightlife, art galleries, antique shops, spas, movie theatres and some of the best shopping and dining you can imagine. From the beloved Mable’s Fables children’s bookstore to the prestigious Restoration Hardware for home decor, to antique-browsers’ delights and eclectic fashion boutiques, intriguing shopping is just a stroll away. Eating out is always an exciting adventure. Whether you
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Residents will enjoy 24/7 concierge service provided from the chic open-air lobby
LEFT
The building terraces will have spacious glassblock recessed balconies glazed to create a visual fascination of light and shadow.
are in the mood for a quick morning coffee, leisurely brunch, pub fare, ethnic cuisine or any other kind of restaurant, Davisville Village has it all. There’s even a seasonal farmers’ market for those who thrive on fresh produce and fruit. Plus, access to Highway 401 and the Don Valley Parkway is only a 15-minute drive away. No wonder Davisville is such a desirable area of the city! Within this vibrant section of Toronto, J. Davis House is named for one of the area’s prominent founding families and will encompass an entire city block. A base podium of architectural limestone will anchor the nine-storey residence in its established surroundings, with retail along Yonge Street and residential along Belsize Drive. From here, the second to sixth floors will reflect the industrial heritage of the area with piers in a burnt burgundy colour combined with horizontal banding in precast to form glass boxes. From the seventh floor, the building terraces will have spacious glass-block recessed balconies glazed to create a visual fascination of light and shadow. The overall effect will offer a striking and fresh take on a heritage look. Some of the features residents will enjoy include 24/7 concierge service provided from the chic open-air lobby, a fully equipped fitness area, yoga studio, sauna, party room, games/ billiards room and guest suite. On the fifth floor, the outdoor terrace will feature a lounge area, fireplace and calming water feature.
From the suites, the views over the canopy of trees covering the local residential streets will be phenomenal. Top-quality features and finishes will characterize floorplans designed to maximize space usage. Buyers will be able to choose from studio to two-bedroom plus den suites in sizes from 300 to 1,485 sq. ft. Prices will start from the low $300s — remarkable value for midtown Toronto. This multi-award-winning real estate developer has more than 35 years of experience and has built more than 65,000 homes across Canada and the United States. Canada’s largest new home builder, Mattamy is committed to customer satisfaction. Family-owned real estate developer Biddington Group of Companies’ history goes back to the 1960s. The firm’s current portfolio includes more than two-million sq. ft. of industrial, commercial and residential units. Well known for providing superb quality, Biddington is the ideal company to partner with Mattamy on this exceptional condominium. To explore the possibilities at J. Davis House, visit the presentation centre at 1955 Yonge St., steps north of Davisville Avenue. The hours are Mondays to Thursdays from noon to 6 p.m., weekends from noon to 5 p.m. For more information visit jdavishouse.com.
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VIEW VIRTUAL SUITE ONLINE Marketed by International Home Marketing Group. Prices and specifications are subject to change without notice. Renderings are artist’s concept only. E. & O.E. Brokers protected.
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Trending
Get invested at Minto Westside MINTO IS MAKING IT EASY FOR ANYONE looking to invest in one of downtown Toronto’s hottest neighbourhoods — specifically the Minto Westside condominium project at the northeast corner of Bathurst and Front streets. Through Minto’s new Get Invested Package, purchasers can receive either 5 per cent interest on their deposit plus a one-year rental guarantee or a two-year rental guarantee. On a $400,000 unit, that translates to $2,000 monthly. Plus a guaranteed 5 per cent interest on your money while the building is being developed — a win-win situation. “With guaranteed income on your property, it’s a safer investment than ever,” says Amanda Wilson Watkins, vice president of sales and marketing, Minto. “This location and design will always be in-demand and we wanted to offer our purchasers the opportunity to leverage that equity.” Taking it a step further, Minto is also offering an investor services package that includes complimentary property management services, free HST rebate services, complimentary colour selection, PDI services and free home insurance for one year.
Neighbourhood on the rise Minto’s Get Invested Package is an attractive perk for a project that already boasts world-class design in a neighbourhood rich in cultural amenities. From the revitalized Queen’s Quay, a gateway to the city’s waterfront, to the reimagined Fort York, a destination for music and foodie festivals, there has never been a better moment to own in the King West neighborhood. Strategically situated close to the city’s Financial District and King West’s entertainment district, Minto Westside appeals to urbanites with busy work and play schedules. For families or purchasers planning families, the planned Block 31 is set to be Toronto’s largest urban school, community and daycare facility. A network of streetcars running directly by the residences’ front door makes travelling a breeze and a quick walk to Billy Bishop airport means your next vacation is only five minutes away. “With such phenomenal design, and an unparalleled neighbourhood experience, you won’t find a downtown residence come along like this again,” says Wilson Watkins. Starting from the low $200s, Minto Westside comes in at a price point seldom seen in the downtown market. The scheduled occupancy for the highrise condominium is slated for 2019.
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061-Aragon-Enigma 02-13-16.indd 61 Bloo
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Presentation Centre
e Wad
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1346 Bloor St. West
VISIT OUR NEW PRESENTATION CENTRE
Enigma represents more than a subtle shift in urban planning and architectural design practices. It’s a revolution that begins with these 86 parkside condos and townhomes located in the heart of the connected
Enigma on the Park is now over 80% sold!
ENIGMA ON THE PARK
owne
St. H
Ave
elens Ave
*In our continuing effort to improve and maintain the highest standard, the developer reserves the right to modify or change plans, specifications, features and prices without notice. Please refer to disclosure statement for specific offering details. E.&O.E.
THERE’S SPACE. AND THEN THERE’S LIVING LARGE. THESE HOMES HAVE BOTH.
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#ARAGONFORWARD Aragon Properties Ltd.
Bloordale neighbourhood. With direct access to the Go Train, expressway and metro lines, the opportunity to be a part of the best in urban design won’t last long—homes range from studio suites at $235,900 to penthouses starting at $639,900. Register today at aragon.ca/enigmalofts. 416.516.1551. Call or visit. 1346 Bloor St. West
SOLD
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OVER
Trending
Home price growth due for cold shower: Royal LePage By Wayne Karl
MOST MARKETS IN CANADA will
experience continued home price growth this year, following a strong 2015, but a cold shower awaits — particularly for the ultra hot Toronto and Vancouver. According to the Royal LePage House Price Survey and Market Survey Forecast, the national real estate market is expected to slow later this year, principally due to the effects
of a dampened economy in western Canada and eroding affordability in Toronto and Vancouver. According to the Royal LePage National House Price Composite, compiled from property value data in 53 markets, the price of a home in Canada increased 6.5 per cent year-over-year to $500,688 in the fourth quarter of 2015. The price of a two-storey home rose 7.7 per cent
year-over-year to $610,134, and the price of a bungalow increased 5.4 per cent to $420,082. The price of a condominium increased 3.1 per cent to $341,448. Looking ahead to 2016, Royal LePage forecasts that the aggregate price of a home in Canada will increase 4.1 per cent for the full year, compared to 2015. …continued on page 64
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LIVE IN A
E XC LU S I V E B R O K E R QUEEN ST. W
SPADINA AVE.
DE V E LO PE D BY
RICHMOND ST. W
ADELAIDE ST. W
Exclusive Listing: Brad J. Lamb Realty Inc., Real Estate Brokerage. Brokers Protected. Renderings are an artist’s impression. All prices, sizes and specifications are subject to change without notice. E.&O.E.
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SPADINA AVE.
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SPECTACULAR CITY VIEWS STEPS FROM THE WATER. OWN THE BEST OF BOTH.
SMART LAYOUTS PROVIDE ALL THE SPACE FOR AN EXCLUSIVE AND LUXURIOUS WATERFRONT LIFESTYLE Daniels’ smart suite layouts come with superb appointments including 9-foot ceiling heights in the principal rooms. Luxury underfoot will range from laminate flooring to imported porcelain and ceramics. The contemporary kitchens - custom designed by Cecconi Simone - will feature quartz countertops and German designed Miele appliances. And
NOW ON SALE I SUITES FROM $279,900
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EXPY the west facing suites of Lighthouse Tower EXPY The Daniels Corporation proudly introduces at INER INER GARD GARD E DE LVD Daniels Waterfront – City of the Arts, a master-planned, mixed-use community surrounded by E BLV R RE B O SH SHO LAKE LAKE creativity, inspired by arts and driven by innovation. This visionary gateway to the East Bayfront, where Lower Jarvis meets Queens Quay, ushers in a new era of living, with awe inspiring views, exceptional amenities, luxurious suites and endless conveniences at your doorstep, including Sugar Beach North, a promenade featuring retail and public art, linking to Canada’s iconic E E UAY UAY sandy Sugar Beach to the south. NS Q NS Q UEE UEE Q
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VISIT THE PRESENTATION CENTRE TO VIEW OUR FULLY FURNISHED MODEL SUITE INER
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VIEW OUR FULLY FURNISHED MODEL SUITE TODAY.
The Daniels Corporation (danielshomes.ca) is one of Canada’s preeminent builders/developers, building more than 26,000 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 homeownership, champions neighbourhood initiatives that enhance quality of life, and supports numerous charities and non-profit organizations.
LIGHTHOUSE TOWER SUITES FROM $279,900 The art of waterfront living!
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Exclusive Listing: CityLife Realty Ltd. Brokerage. Brokers Protected. Illustrations are artist’s concept. Prices and specifications are subject to change without notice. E.& O.E. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without prior written permission of The Daniels Corporation, is strictly prohibited. Actual view may not be exactly as shown.
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the special Cecconi Simone magic touch also enhances the bathroom vanities. Lighthouse Tower suite choices include studio, one-bedroom, one-bedroom plus den and two-bedroom layouts, spacious gallery suites and penthouses are also available.
DANIELS INVITES YOU TO LOVE WHERE YOU LIVE™
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VISIT THE PRESENTATION CENTRE AT 162 QUEENS QUAY EAST CALL 416.221.3939 DANIELSWATERFRONT.COM
Daniels Waterfront – City of the Arts
LIVE, WORK, PLAY, LEARN AND CREATE IN TORONTO’S HOTTEST NEW WATERFRONT COMMUNITY
LIGHTHOUSE TOWER AT DANIELS WATERFRONT – CITY OF THE ARTS
Sugar Beach North
Since The Daniels Corporation introduced Lighthouse Tower this past fall, sales have been brisk at the first residential condominium in the incredible master-planned, mixed-use Daniels Waterfront – City of the Arts community. Live at Lower Jarvis and Queens Quay East, a stone’s throw to Sherbourne Common, the Water’s Edge Promenade and Sugar Beach. The new gateway to Toronto’s East Bayfront, this waterfront neighbourhood is also a pleasant stroll or bike ride to
the St. Lawrence Market, Distillery District, Union Station, and just minutes to Billy Bishop Airport and Toronto Island Ferry Terminal. With TTC access and dedicated bike lanes easily accessible, this community’s location is an urban sensation. Plus, within Daniels Waterfront – City of the Arts, Sugar Beach North will be a tree-lined public amenity space for outdoor celebrations, and The Yard - a pedestrian laneway will be lined with eateries and retail venues for the ultimate in convenience.
LIGHTHOUSE TOWER... A SHINING STAR FROM ANY DIRECTION
Daniels Spectrum
The Yard
ONE OF THE BEST THINGS ABOUT LIVING AT LIGHTHOUSE TOWER WILL BE THE VIEWS, and renowned Giannone
Petricone Associates Inc. designed the building to maximize the vistas in all directions. Currently, you will find a spectacular selection of west-facing suites that offer scintillating, everchanging views. From the bustling urban scene of shoppers and business people rushing to their destinations during the daytime to thousands of lights peppering the night sky and the
breathtaking sunsets that transform one into the other, the views are dynamic and inspiring. Rising to 45 storeys, Lighthouse Tower’s interiors are designed by the inimitable Cecconi Simone, who also appointed the fabulous model suite. With a vision of attracting buyers with an artistic sensibility, the model is anchored by a white colour palette on which owners can infuse their personality into their surroundings. Through the interplay
of texture and warmth, modern and rustic, heritage and contemporary, and whimsy and eclecticism, the condominium’s amenities and suites have a NEW YORK LOFT FLAIR.
…continued from page 62
“Consumers, reluctant to sell their homes at what they perceived to be a discount to their true value, simply withdrew from the market, resulting in steady house prices and a drop in unit sales volume.” Single-digit price growth “The frenetic pace of our country’s largest housing markets should moderate throughout the year ahead,” says Phil Soper, president and chief executive officer, Royal LePage. “While most of the country will continue to see house value appreciation in 2016, we expect that the pace of price increases in Greater Vancouver and the Greater Toronto Area — where real estate appreciation has significantly outpaced job and wage growth — will settle to a more sustainable, single-digit price increase trajectory. “Through the recent period of depressed oil prices, property prices in Canada’s energycentric regions, particularly Alberta and Newfoundland and Labrador, were more resilient than most onlookers had expected,” Soper adds. “Consumers, reluctant to sell their homes at what they perceived to be a discount to their true value, simply withdrew from the market, resulting in steady house prices and a drop in unit sales volume.” Royal LePage expects Canadian home price growth to be more heavily influenced by macroeconomic factors than by housingspecific variables such as tighter regulation in the mortgage industry. The Bank of Canada is expected to keep its overnight rate steady through the all-important spring market, extending the prolonged period of exceptionally low borrowing rates. The realty firm expects the new mortgage rules taking effect Feb. 15, which will raise the minimum down payment required for the portion of mortgage insurance over $500,000 to 10 per cent, to have a marginal effect on the overall market. The change will produce an added benefit akin to a slight tap on the brake for our two most costly cities — Toronto and Vancouver, Soper says. “Previous attempts to cool overheated markets by the federal government have been addressed with what I’ve called a ‘blunt instrument of uniform nation impact,’” he told New Condo Guide. “This measure will be most effective in the two most expensive cities in
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Canada, which happen to be the cities that could use a cold shower.” On a nationwide basis, Royal LePage expects the number of transactions that this will affect to be minimal — significantly less than the initial industry reaction would lead consumers to believe.
First-timer challenges Vancouver and Toronto are expected to lead in price growth this year, which is great for those who already own a home, but presents a challenge for would-be homebuyers, particularly first-timers. “Although both Toronto and Vancouver have experienced home price appreciation that has been much higher than the rate of inflation in recent years, Toronto remains a relatively more affordable city,” Soper says. For example, the latest Royal LePage House Price Composite shows the rate of property inflation was 50 per cent higher in Vancouver, at 12.4 per cent year-over-year, than in Toronto, at 8.6 per cent. “Both cities offer affordability solutions for first-time homebuyers, and as always that means farther or smaller. Vancouver introduced the concept of the ‘micro-condo’ to Canada; homes as small as 300 sq. ft. in size. And even in the Lower Mainland, these tiny condos can be acquired for $100,000. That trend is spreading to Toronto, meaning a young homebuyer could buy very small in the core. “In both Vancouver and Toronto, the willingness to accept a considerably longer commute from the suburbs means more bang for the buck. That has not changed in recent years, but the drop in the cost of fuel has brought some relief to those with long drives to and from work.”
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Tiff Bell Lightbox Tiff Bell Lightbox
In addition, residents at Lighthouse In addition, residents at Lighthouse TowerTower will receive an unprecedented arts arts will receive an unprecedented interconnectivity package that will connect interconnectivity package that will connect them them to exclusive perks perks with cultural to exclusive with cultural organizations acrossacross Toronto. organizations Toronto.
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Attend artist talks cultural • Attend artist and talksother and other cultural eventsevents
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Curator-led gallerygallery tours tours of Daniels • Curator-led of Daniels Spectrum and Artscape Youngplace Spectrum and Artscape Youngplace
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Passes to introductory-level arts arts • Passes to introductory-level workshops and classes workshops and classes
How many condo-dwellers do you How many condo-dwellers do you know know who have jam astudio and and who ahave jam studio equipped kitchen librarylibrary among their their equipped kitchen among amenities? TheseThese are just theof the amenities? aretwo justoftwo spectacular amenities residents will will spectacular amenities residents have access to at The Club, Club, have access to atLakeside The Lakeside offering more more than 25,000 square feet feet offering than 25,000 square of amenities on two that appeal of amenities onlevels two levels that appeal to residents of all ages. to residents of all ages. •
OUTDOOR SPORTS COURT FOR FOR • OUTDOOR SPORTS COURT BASKETBALL, TENNIS AND BOCCE BASKETBALL, TENNIS AND BOCCE
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FITNESS CENTRE • FITNESS CENTRE
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Access to premium priority • Access to premium priority ticketstickets duringduring TIFF TIFF
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General admission ticket ticket vouchers for for • General admission vouchers premium or regular TIFF Bell premium or regular TIFFLightbox Bell Lightbox screenings and exhibitions screenings and exhibitions
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OUTDOOR COCKTAIL POOLPOOL • OUTDOOR COCKTAIL & SUNDECK OVERLOOKING & SUNDECK OVERLOOKING THE CITY THE SKYLINE CITY SKYLINE
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General admission ticket ticket vouchers • General admission vouchers to TIFF to TIFF
•
GARDENING PLOTSPLOTS • GARDENING
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Attend a Meet and Greet with awith a • Attend a Meet and Greet TIFF programmer TIFF programmer
KITCHEN LIBRARY • KITCHEN LIBRARY
•
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SPORTS & BILLIARDS LOUNGE • SPORTS & BILLIARDS LOUNGE
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FIRESIDE LOUNGE • FIRESIDE LOUNGE
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THREE CABANA SUITES • THREE CABANA SUITES
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BARBECUE AREAAREA • BARBECUE
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GRAND LOBBY HOUSING 24-HOUR • GRAND LOBBY HOUSING 24-HOUR CONCIERGE & RESIDENT CONCIERGE & RESIDENT SERVICE DIRECTOR SERVICE DIRECTOR
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Platinum passespasses to every eventevent duringduring • Platinum to every the festival the festival
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Passes to VIPtoparty on opening night night • Passes VIP party on opening
YES! True its name, Daniels Waterfront YES!to True to its name, Daniels Waterfront – City–ofCity theofArts a unique and and theoffers Arts offers a unique innovative opportunity to enjoy a innovative opportunity to enjoy a culturally inspired lifestyle. It will It bewill be culturally inspired lifestyle. homehome to thetoheadquarters for leading the headquarters for leading arts and organizations such as artscultural and cultural organizations such as Artscape, Manifesto, OCAD and The Artscape, Manifesto, OCAD and The RemixRemix Project. Plus, in theinfall, Project. Plus, theArtscape fall, Artscape and OCAD University announced a new,a new, and OCAD University announced creative hub that further enhance creative hubwill that will further enhance the ongoing evolution of art,ofculture, the ongoing evolution art, culture, innovation and entrepreneurship in innovation and entrepreneurship in Daniels’ waterfront community. Daniels’ waterfront community.
Kitchen LibraryLibrary Kitchen
Jam Studio Jam Studio
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DISCOVER LIGHTHOUSE TOWER’S DISCOVER LIGHTHOUSE TOWER’S AMAZING AMENITIES FOR FOR AMAZING AMENITIES OPPORTUNITIES TO EXERCISE, OPPORTUNITIES TO EXERCISE, SOCIALIZE, COOK, LOUNGE, SOCIALIZE, COOK, LOUNGE, ENTERTAIN AND AND LIVELIVE LIFE LIFE TO TO ENTERTAIN ITS FULLEST! ITS FULLEST!
Terrace Terrace
Outdoor Cocktail Pool Pool Outdoor Cocktail 2/19/16 2/19/16 4:21 PM4:21 PM 2016-02-23 11:02 AM
Trending
11th annual Icefest returns to Bloor-Yorkville with “Expressions of Love” theme in support of the Heart & Stroke Foundation CROWDS GATHERED TO celebrate
winter with Bloor-Yorkville at the 11th annual Icefest on Saturday, Feb. 20 and Sunday, Feb. 21. Inspired by Heart Month and the Valentine’s Day season, this year’s ‘Expressions of Love’ theme transformed the neighbourhood into a magical showcase with 20,000 lbs. of crystal clear ice sculpted into expressions of amour. Open to the public each day between noon and 5 p.m., the Village of Yorkville Park and Cumberland Street were the hub of Icefest attractions. Patrons were dazzled by ice creations which included an iconic LOVE sculpture, a giant tribute to world peace, an abstract couple embracing, a winterthemed heart, and a depiction of the ultimate love story — Romeo and Juliet. Briar de Lange, executive director of the Bloor-Yorkville BIA, described the event as a fun opportunity to enjoy the winter season with family and friends. “Over the past decade, Icefest has raised $65,200 for the Heart and Stroke Foundation, and we are proud to continue supporting this important cause during Heart Month,” de Lange said. With the help of participating partners and sponsors, BloorYorkville raised funds for the Heart and Stroke Foundation in recognition of February being Heart Month. For a small donation, children were delighted by ‘ice kiddie cubes’ that had surprise toys inside, and all visitors indulged at the taffy station with proceeds going back to Icefest’s charitable partner. On Saturday, Feb. 20, the 16th Annual Sassafraz Ice Carving
ICE CONDO
Breaking the ice with the community: An eight-ft. tall ice condo modeled after the planned 25-storey residential tower Minto Yorkville Park brings cool to Bloor-Yorkville’s Icefest TOP RIGHT
Make sure to stop by Minto Yorkville Park’s eight-ft. tall ice tower at Bloor-Yorkville’s Icefest from now through March
MORE TRENDING ONLINE ypnexthome.ca/news
Competition started at noon. Visitors were invited to the Village of Yorkville Park to see the action as blocks of ice were transformed into original ice sculptures, crafted on site by 12 of the most talented ice carvers in Ontario. Two ice carving demonstrations also took place Sunday, Feb. 21. Icefest was presented by the Bloor-Yorkville BIA with support from Gold sponsors Hudson’s Bay and Silver sponsors Manulife Centre, Holt Renfrew Centre, TD and The Colonnade. About Bloor-Yorkville Since entrepreneur Joseph Bloor
founded the Village of Yorkville in 1830, the heart and soul of Toronto has distinguished itself as the premier shopping, dining and cultural destination in the city. The Bloor-Yorkville neighbourhood is bordered by Scollard Street to the north, St. Mary Street to the south, Avenue Road to the west and Church Street to the east. For the latest information on stores, events and parking please visit www.bloor-yorkville. com. Follow Bloor-Yorkville on Twitter, Instagram and Facebook at @BloorYorkville.
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FEB 27 - MAR 12, 2016 | NEW CONDO GUIDE 69
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Trending
Where and how to display art in your condo By Jackie Marchildon
LEFT
ABOVE
Faberge Grenade, 2015, Photography, 20 by 20 in. krovblit.com
Sight Line, 2015, Photographic image transfer on birch panel, 40 by 60 by 1.5 in. patricklajoie.com
MORE TRENDING ONLINE
THE ARTIST PROJECT kicked
off its opening party on Feb. 18 at the Better Living Centre in Toronto, and the early access preview effectively showcased the weekend’s exhibiting artists. Art fairs are a great way to get started on an art collection, but if you’re unsure how to display the works, we’ve got you covered. YP NextHome caught up with Claire Taylor, show director of the Artist Project, to find out how condo dwellers can effectively display art in their homes. Taylor, a condo resident herself, acknowledges that houses tend to have more wall space, but in a condo, “You want to make the most with the wall space you have.”
YP NextHome: How do you go about buying art for a condo with nine-ft. ceilings? Claire Taylor: There are ways around it. I love when collectors have a larger piece because of its impact and the drama it adds to the space. There are also ways to have displays of art with smaller pieces; you hang them in salon style and have an exhibition for them. Taylor suggests displaying larger pieces in the living room as they add visual interest to the space. If you see the living room as a space of entertainment, hanging something intriguing, a sort of conversation piece, is ideal, “Large paintings and large photography, especially if your condo has big windows and a lot of light, are very vibrant that way.” YP NextHome: How do you work with the close wall proximity in condos?
Claire Taylor: You can have a lot of work on display and that creates a dynamic play between the works; or you can go with a more subtle, contemporary approach, and have less work on display but they have more room to breathe. She also says you can work around the tight wall space by changing around the work, “People think you can’t switch work from the bedroom to the living room, but I don’t think that’s the case — I think you can.” The way you view something in your bedroom might be very different from the way you view it in the living room and Taylor believes this can change your interaction with the artwork and offer a fresh take on the work itself. “There’s the issue of having to do the nailing,” Taylor laughs, “but it’s worth it.” YP NextHome: What if you have a piece or two that you love that
ALL PHOTOS COURTESY OF THEARTISTPROJECT.COM
ypnexthome.ca/news
…continued on page 72
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Ship to Nowhere, 2015, Encaustic wax, 30 by 22 x 2 in. daniaalobaidi.com
“If you really want all your works in one room to tie together, you can frame them in a similar way.” conflict with other pieces in the same room? How do you hang multiple artworks in a small space like a studio or bachelor? Claire Taylor: There are a few ways to do it — the first one is to just go with it. If you love it and you love to look at it, just go with it, it’s about your interaction with the artwork, and maybe that becomes the story. She adds that, if you really want all your works in one room to tie together, you can frame them in a similar way. Or she suggests changing pieces with the seasons, displaying them one at a time.
ROOM BY ROOM TIPS IN THE
living room
Display a larger piece, something that gives some drama and visual interest to the space. If you have a really traditional space, choose something modern.
IN THE
bedroom
Hanoi #2, 2014, Acrylic and Mixed Media on canvas, 48 x 48 in. thepradagallery.com
Taylor also suggests glass sculpture for the living room, placed on a coffee table. If that doesn’t work in your home, you can hang sculpture on a little platform on the wall, set up a stand, place it on a mantle, or purchase sculptures intended to be installed on the wall. New Eternal, Porcelain, Glaze, 24k Gold Lustre, Vintage Fired Decals lanafilippone.com
IN THE
dining area
In eating areas, it’s fun to have something with food in it.
Personally I like something to be calming and subtle. Illustrations and drawings are really nice in the bedroom, there’s something delicate about them. Marionettes, 2014, Sumi ink on paper, 18 by 24 in. liliancrum.com
The Tasting Room – Marshmallow, 2015, Acrylic on canvas, 48 by 48 in. erinrothstein.com
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2016-02-23 5:59 PM 2/23/16 12:48 PM
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*Broker’s Protected. Prices and specifications subject to change without notice. E.&O.E. Rendering is artist’s concept.
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FEB 27 - MAR 12, 2016 | NEW CONDO GUIDE 73
2016-02-23 11:02 AM
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Trending
Tapping your RRSP before retirement? Do it prudently: CIBC BEWARE OF THE DOS and don’ts around Registered Retirement Savings Plans (RRSPs) if you’re planning to make a contribution or an early withdrawal, says Jamie Golombek, managing director, tax and estate planning, CIBC Wealth Advisory Services. “It’s tempting to tap your RRSPs for an emergency, but RRSPs should generally be viewed as long-term savings tools,” says Golombek. “Borrowing money from your RRSP can make sense if you use the funds prudently to fund longer term goals that deliver their own return, such as buying a home, which hopefully increases your net worth, or investing in your education, which may help boost your earnings potential.” A Tax-Free Savings Account (TFSA), which allows you to recontribute any amounts withdrawn in a future year, may be a better option if you need more flexibility with your finances, he says.
MORE TRENDING ONLINE ypnexthome.ca/news
Resist using your RRSP as an emergency fund
Using an RRSP to help buy your first home Under the Home Buyers’ Plan (HBP), you can withdraw up to $25,000 from your RRSP to purchase a new home. Your spouse or partner may also be able to withdraw $25,000, for a combined total of $50,000. To take advantage of the HBP, you need to be a first-time homebuyer, which is generally defined as someone who hasn’t owned a home in the past five years. “This is a smart option for first-time homebuyers who are just pulling together their funds,” says Golombek. “It can help you meet your down payment requirements and save you a lot of money on a mortgage loan insurance you might otherwise need.” Amounts withdrawn under the HBP, however, must be repaid over a maximum of 15 years or the amount not repaid in a year is added to your income and becomes taxable.
Using an RRSP to go back to school Through the Lifelong Learning Plan (LLP), you can borrow $10,000 a year, up to a total of $20,000, from your RRSP to finance your education. To take advantage of this plan, you must be enrolled or must have received an offer to enroll on a full-time basis in a qualifying Canadian or foreign educational institution. The funds can then be used for any purpose with no proof of expenses required, and must be repaid over a 10-year period. The LLP cannot be used to fund your child’s education. With both the HBP and LLP, there are no penalties for paying back the funds earlier than required. “If you repay early, you can benefit from the tax-free compounding of investment returns inside your RRSP as soon as possible,” says Golombek.
While an RRSP can help fund longterm financial goals, it should generally not be viewed as a go-to emergency fund, he says. RRSP withdrawals are taxable at your marginal tax rate and are subject to immediate withholding taxes when withdrawn. “If you dip into your RRSP for extra cash, you will not only be taxed, but you will lose the ability to recontribute those funds to your RRSP without generating additional room,” says Golombek. If you think you may have to draw on your long-term savings before retirement, a TFSA may be the better option because it offers more flexibility. A financial advisor or tax expert can help you determine the best option for your retirement savings. This year’s deadline to make a RRSP contribution is Feb. 29. “Regardless of whether you opt for an RRSP or a TFSA, the important thing is to save so you can meet your life goals today and in retirement,” says Golombek.
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The new “chic” is on the horizon. Presenting oggi, an exclusive collection of new boutique townhomes nestled in the thriving CITY OF VAUGHAN ON HIGHWAY 7 AT KIPLING. Close to boutiques, restaurants, modern shopping, and minutes from the NEW subway and VIVA Transit, oggi puts the big city at your door.
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Brokers protected. Illustration is artist’s concept. Prices and specifications subject to change without notice. E. & O. E.
DUC 030 oggi_ComingSoon_CondoGuide Ad_FNL.indd 1 077-Oggi-Oggi 02-27-16.indd 77
2016-02-17 10:55 AM 2016-02-23 11:02 AM
Trending
Adi Development Group freezes out diabetes for the Frances Rose Foundation HAMILTON FAMILIES laced up
their skates for Adi Development Group’s first annual Freeze Out Diabetes Skate-a-thon in support of the Frances Rose Foundation and diabetes research. Adi opened FirstOntario Centre’s doors for some fun time on the ice, making the fundraising event even more entertaining with great music, food, and giveaways. Hockey Hall of Famer Marcel Dionne made a special guest appearance and greeted friends and fans around the arena. “At Adi, we prioritize our families and our health,” says Tariq Adi, CEO of Adi Development Group. “The Skatea-thon encourages us to be active in support of a great cause and our community — our extended family.” The 100-plus attendees collectively raised over $3,500 for the Frances Rose Foundation. Frances Rose herself was in attendance with her family and was overjoyed by the generosity of the participants. Every participant received a gift bag filled with great surprises, including free admission to the Warplane Museum, Hamilton Tiger-Cats goodies, toques, and so much more. Skaters were also eligible to win prizes and giveaways throughout the event, like a Fitbit, a round of golf at the King Forest Golf Club, Maple Leafs and Raptors tickets. “It was wonderful to see everyone come together to support diabetes research,” says Saud Adi, COO of Adi Development Group. “From the generous donations to the corporate sponsors, each contribution made this event so much fun and special for everyone on the ice.”
Hockey Hall of Famer Marcel Dionne (right), greeted a fan.
MORE TRENDING ONLINE ypnexthome.ca/news
Adi generously contributes time and donations to numerous community initiatives, including Ronald McDonald House Charities Hamilton, Halton Women’s Place, Habitat for Humanity and more. In 2015, the Canadian Diabetes Association recognized Adi with an award for outstanding service to the community, demonstrating exceptional leadership and long-term dedication. “As people and as developers, we want to have a positive impact on the community,” says Tariq Adi. “We’re not just building homes. We aim to elevate the whole neighbourhood, the whole city. And it’s through initiatives like the Skate-a-thon that we’re able to contribute to the growth of a better community.”
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Nautique_CG_GO_Feb13_Nautique 2016-01-28 11:41 AM Page 1
Striking. Seductive. Decidedly different.
GRAND OPENING Presenting the much anticipated Grand Opening of Nautique Lakefront Residences. Exceptional living has arrived at a most coveted downtown Burlington address. Condominiums from the high $200,000s.
QEW
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Caroline St. PRESENTATION CENTRE
Pine St. SITE
Lakeshore Road Lake Ontario
Presentation Centre & Model Suite 375 Brant Street (Corner of Brant & Pine Streets, downtown Burlington)
Hours: Monday - Thursday: 1 pm - 6 pm Friday: By Appointment Saturday, Sunday & Holidays: 12 noon - 5 pm
AdiDevelopments.com • 289.337.0766
Prices and specifications subject to change without notice. Illustration is artist’s concept. Exclusive Listing: Baker Real Estate Incorporated, Brokerage. Brokers Protected. E. & O.E.
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Hot Properties
905
Find your next home! This page features a few of the latest properties to keep your eye on in the Toronto905 area. Find more properties at ypnexthome.ca
LATEST LISTINGS
YORK CONDOS LEGACY PARK
By: Remington Group City: Markham Live in downtown Markham’s masterplanned community. Urban condos starting from the $200s. www.downtownmarkham.ca
new releases and grand openings THE CHELSEA By: Great Gulf City: Oakville The Chelsea is the second phase of Trafalgar Landing in Oakville, offering a great selection of suites. www.greatgulf.com/chelsea
DOWNTOWN ERIN MILLS TOWER 2 By: Pemberton Group City: Mississauga Tower 2 is the newest release of Downtown Erin Mills, a highly successful master-planned community. www.pembertongroup.com
STATIONWEST
previews and registration
By: Adi Development Group City: Burlington Register now for smart-style urban towns at Burlington’s Aldershot GO Station. www.adidevelopments.com
LEGACY PARK
INDIGO CONDOMINIUMS
By: Liberty Development City: Thornhill A landmark family community in the heart of Thornhill with a spectacular 5-acre park at its centre. www.legacyparkcondos.com
By: Pemberton Group City: Maple A new master-planned community located next to the Maple GO Station. Register now. www.pembertongroup.com
THE MET By: Plaza City: Vaughan Coming to the Vaughan Metropolitan Centre, the Met will become the GTA’s newest downtown. www.pureplaza.com
OLIVIA MARIE GARDENS VARLEY CONDOMINIUMS By: Tribute Communities City: Markham Discover luxury condominium living just steps away from Unionville Main Street. www.tributecommunities.com
By: Daniels Corporation City: Brampton Register now for boutique condominium suites located at Mississauga Road and Olivia Marie Road. www.omgdaniels.com
Builders If you would like to include your preview registration, new release or site opening in this feature, just email the details to Elisa.Krovblit@ypnexthome.ca
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Hot Properties
416
Find your next home! This page features a few of the latest properties to keep your eye on in the Toronto416 area. Find more properties at ypnexthome.ca
LATEST LISTINGS
1 YORKVILLE THE VILLAGE RESIDENCES
By: Bazis Inc. and Plaza City: Toronto For a limited time, purchase any onebedroom unit for only 10 per cent down. www.1yorkville.ca
88 NORTH By: St. Thomas Developments Inc. City: Toronto The first building in a multi-phase development on Queen Street just east of Yonge. Register now to be a part of Toronto’s newest hot neighbourhood. www.88queen.com
new releases and grand openings ZIGG CONDO By: Madison Homes and Fieldgate Homes City: Toronto An intimate new building now under construction in Forest Hill. Suites start from the high-300s. www.ziggcondo.com
FABRIK CONDOS
previews and registration THE VILLAGE RESIDENCES By: Liberty Development City: Toronto Register now for a boutique condominium located at Bayview and Sheppard in North York’s Bayview Village. www.villageresidences.ca
4 THE KINGSWAY By: North Drive Investments Inc. City: Toronto A sophisticated European-inspired condominium surrounded by historic homes, beautiful parkland and great shopping. www.4thekingsway.com
DANIELS WATERFRONT: CITY OF THE ARTS By: Daniels Corporation City: Toronto A master-planned, mixed-use community inspired by the arts and located in Toronto’s East Bayfront neighbourhood. Register now. www.danielswaterfront.com
ON THE DANFORTH By: Diam Developments City: Toronto This 10-storey condominium epitomizes convenience, located steps away from Woodbine and Main stations and Danforth GO Station. www.onthedanforthcondo.com
By: Menkes Development City: Toronto Located in Toronto’s Fashion District, Fabrik Condos is set to be this spring’s hottest opening. www.menkes.com
CUMBERLAND TOWER By: Camrost-Felcorp City: Toronto A signature condominium residence coming to Toronto’s prestigious Bloor-Yorkville neighbourhood. www.thecumberland.ca
Builders If you would like to include your preview registration, new release or site opening in this feature, just email the details to Elisa.Krovblit@ypnexthome.ca
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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 2 GREAT GULF Yonge+Richmond 416-499-8883 • from $470,000 45 16K EightyOne Wellesley eightyonewellesley.ca • 22 16J 3 ARAGON PROPERTIES High Park Condominiums 416-351-1844 • from $285,000 13 8L 7 THE DANIELS CORPORATION Pears on the Avenue 416-323-0100 • from $420,000 Insert 14I 11 MENKES DEVELOPMENTS INC. 365 Church 416-591-7700 • from $249,000 Insert 14I 11 MENKES DEVELOPMENTS INC. RC3 416-862-0505 • • from $220,000 33 18L 18 URBAN CAPITAL Riva del Lago 647-347-5930 • from $363,000 Insert 24C 18 MATTAMY HOMES Fabrik 416-591-7700 • from $300,000 Insert 14M 20 MENKES DEVELOPMENTS INC. Whitehaus Condominiums whitehaus.ca • from $300,000 27 14M 20 LIFETIME DEVELOPMENTS No1 Yorkville 416-519-2911 • from $455,000 3 15I 26 BAZIS INC. Eau Du Soleil Waterfront Condominiums 416-503-3328 • from $350,000 6-7 25B 28 EMPIRE COMMUNITIES 88 Queen 88queen.com • from $250,000 71 16L 34 ST. THOMAS DEVELOPMENTS 87 Peter 416-591-7700 • from $736,000 Insert 15M 35 MENKES DEVELOPMENTS INC. 35 MENKES DEVELOPMENTS INC. The Eglinton Yonge at Heart 416-591-7700 • from $250,000 Insert 15D 47 PINNACLE INTERNATIONAL The PJ 416-596-1600 • from $300,000 5 15L Zigg St.Clair West 416-545-0223 • • from $390,000 59 14J 48 MADISON HOMES Zigg St.Clair West 416-545-0223 • • from $390,000 59 14J 48 FIELDGATE HOMES CASA III 416-486-2272 • from $600,000 96 & IBC 15L 52 CRESFORD DEVELOPMENT CORP. Monde 416-466-8885 • from $350,000 45 17M 58 GREAT GULF The Brant Park 416-368-5262 • from $283,000 45 14M 64 LAMB DEVELOPMENT CORP. Enigma on the Park 416-516-1551 • from $236,000 61 9L 65 ARAGON PROPERTIES Citylights on Broadway 416-546-6605 • from $200,000 Insert 14D 67 PEMBERTON GROUP East Fiftyfive 416-861-9559 • from $278,000 67 17L 68 LAMB DEVELOPMENT CORP. 609 Avenue Road 609avenue.com • from $300,000 55 14G 70 STATE BUILDING GROUP 609 Avenue Road 609avenue.com • from $300,000 55 14G 70 MADISON HOMES Liberty Central by the Lake Two 416-537-0047 • • from $320,000 73 12N 75 CANALFA GROUP J Davis House 647-343-3270 • • from $320,000 BC 15F 80 MATTAMY HOMES J Davis House jdavishouse.com • • from $320,000 BC 15F 80 BIDDINGTON HOMES One Bloor Residences 416-922-0081 • from $580,000 45 15I 99 GREAT GULF The Urban Townhome Collection 647-344-2573 • from $2200,000 Insert 15K 118 PEMBERTON GROUP Blue Diamond at Imperial Plaza 416-925-2501 • from $350,000 1 15I 149 CAMROST - FELCORP Studio on Richmond 647-352-7736 • from $300,000 23 15M 150 ASPEN RIDGE HOMES James 416-214-9900 from $284,000 63 14O 199 BRAD J. LAMB REALTY TEN93 Queen West 416-546-6355 • from $280,000 Insert 12F 217 PEMBERTON GROUP King Charlotte 416-368-5262 • from $435,000 49 15M 220 LAMB DEVELOPMENT CORP. Theatre Park 416-368-5262 • from $707,000 49 16M 221 LAMB DEVELOPMENT CORP. The Davies 416-873-0862 • from $820,000 14I 1 BRANDY LANE HOMES 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 ONNI GROUP OF COMPANIES West Lake 416-260-2600 • from $259,000 14N 6 CRESFORD DEVELOPMENT CORP. Merton Yonge Condominiums 416-484-1900 • from $400,000 14E 11 TRIDEL CORPORATION Sherwood at Huntington 416-485-1900 • from $1000,000 18G 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 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 MONARCH CORPORATION Riva del Lago 647-347-5930 • from $363,000 24C 19 KINGSTONE ROAD DEVELOPMENT The Glen 416-694-3333 • from $400,000 23H 19 STREETCAR DEVELOPMENT The Southwood 416-750-7506 • from $300,000 23H 21 GREENLAND GROUP King Blue Condos 416-599-1355 • from $336,000 12N 22 MONARCH CORPORATION Picasso on Richmond 416-495-3549 • from $541,000 14M *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.
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Builder
Site
Telephone
TH* C* Price Range
Page
Finder
Ten York 416-596-9888 • from $1020,000 12F Picasso on Richmond 416-495-3549 • from $336,000 14M The College 416-363-4800 • from $390,000 M14 SQ2 416-661-1949 • from $357,000 15D One Yorkville 416-519-2911 • from $408,000 15I One Yorkville 416-519-2911 • from $408,000 15I Water Tower at Eau Du Soleil 416-503-3328 • from $300,000 25B Success Tower at Pinnacle Centre 416-360-0673 • from $880,000 17M Bespoke Towns 419-239-8181 • from $550,000 22J Totem Condominium 416-792-1877 • from $492,000 15H The Madison 416-482-8090 • from $480,000 14E Fuse Condos 416-534-4444 from $280,000 9K Pace 416-928-2223 • from $310,000 16L Dundas Square Gardens 416-645-8575 • from $224,000 17K Grid Condos 416-477-4743 • from $250,000 17K Garrison Point garrisonpoint.ca • from $250,000 13N The Barrington Condominiums Flats 416-410-4444 • from $345,000 12H Howard Park 2 416-873-0989 • from $349,000 9L The Upper House Condos in Leaside 416-425-1800 from $350,000 18D Alter 416-645-4599 • from $700,000 16J Palatial Collection 416-925-3325 • from $880,000 16M Yorkville Park mintoyorkvillepark.com • • from $420,000 14J Yorkville Private Estates 416-484-4371 • • from $2500,000 14J Teahouse 416-861-1111 • from $241,000 16K Stanley 416-546-1502 • from $290,000 16K VOX 416-485-3000 • 15J Aqualina at Bayside 416-514-2710 • from $336,000 18N Aquavista at Bayside Toronto 416-514-2710 • from $814,000 18N CASA 2 416-486-2272 • from $390,000 15L 11 Wellesley 416-861-1111 • from $435,000 15J Riverside Square 416-466-4466 • from $200,000 19L Liberty Central by the Lake - Phase One 416-537-0047 • from $370,000 11F Liberty Central by the Lake - Phase One 416-537-0047 • from $370,000 11F The Selby theselbycondos.com • 16J The Rosedale on Bloor 416-928-9997 • from $220,000 16I East Fiftyfive 416-861-9559 • from $275,000 17L 2221 Yonge 647-350-2221 • from $320,000 14D On The Danforth onthedanforthcondo.com • from $250,000 23G The Bartholomew Downtown East 416-955-0559 • from $300,000 18K Schoolhouse 416-979-1333 • from $900,000 13I Art Shoppe Condos artshoppecondos.com • from $200,000 14D 300 Front Street West 416-217-0300 • from $1260,000 15M One Eleven Condominiums & Lofts 647-351-4111 • from $418,000 13M One Eleven Condominiums & Lofts 647-351-4111 • from $320,000 13M Gooderham Condos at The Distillery 416-361-1322 • from $790,000 18L Seventy Seven Charles Yorkville 416-203-7034 • from $2100,000 14J The Clover on Yonge 416-485-3000 • from $220,000 14J Ivory On Adelaide 647-341-1731 • from $510,000 17L 158 Front Condominiums 158front.com • from $290,000 17L Exhibit 416-967-7778 • from $560,000 14I Exhibit 416-967-7778 • 14I Exhibit 416-967-7778 • 14I The Pinnacle on Adelaide 416-596-1600 • from $367,000 15M Bisha Hotel & Residences 416-637-2211 • from $300,000 16M 88 Scott 416-216-8588 • from $500,000 17M Riverhouse at the Old Mill 416-766-7343 • from $500,000 5L Two Old Mill 416-645-7022 • from $1762,000 5L RCM I on University 647-351-9247 • from $515,000 14M Chaz Yorkville Condos 416-922-0045 • from $430,000 16J Chaz Yorkville Condos 416-922-0045 • from $400,000 16J The Berwick 416-922-9425 from $536,000 14E The Mercer 416-597-6940 • from $440,000 15M Imperial Plaza 647-346-3799 • from $386,000 15I Cumberland Tower - Yorkville Plaza II 416-966-3003 • from $350,000 15I Backstage on the Esplanade 416-777-2533 17M Backstage on the Esplanade 416-777-2533 from $405,000 17M Tableau Condominiums 416-591-8887 • • from $450,000 15L Tableau Condominiums 416-591-8887 • • from $350,000 15L Tableau Condominiums 416-591-8887 • • from $350,000 15L Carmelina 416-423-8500 • from $380,000 23J The Bond Condominiums 416-546-7525 • • from $409,000 15G L Tower 416-777-2533 • from $490,000 17L Perspective Condos 416-242-3500 from $300,000 4H Five Condos 416-928-0555 • • from $1169,000 15J Five Condos 416-928-0555 • • from $375,000 15J Rise 416-546-7399 • • from $400,000 12H Neon 416-987-7878 • from $400,000 14D 1000 Bay 416-485-3000 • from $390,000 15J The Carnaby 416-690-9009 • from $435,000 12M 90 Niagara 416-981-0036 from $410,000 14O SIXTY Colborne 416-601-0060 • from $496,000 16L SIXTY Colborne 416-598-7775 • from $300,000 16L Upper Beach Townes 416-693-7500 • from $551,000 24G The Massey Tower 416-966-0197 • • from $332,000 16L 109OZ 416-531-4844 • from $368,000 12M Canary District Condominiums 416-603-7576 • from $335,000 18L Canary Park Condominiums 416-603-7576 • from $242,000 18L TEN93 Queen West 905-326-4100 • from $280,000 12F Smart House 416-292-0219 • from $442,000 15L Smart House 416-292-0219 • from $472,000 15L Duke Condos junctionlife.ca from $290,000 8K Theatre Park 416-368-5262 • from $703,000 16M The Harlowe 416-363-1771 • from $300,000 15M
torontoregionalmaps: Toronto, East York, York
#
22 TRIDEL CORPORATION 22 MATTAMY HOMES 23 TRIBUTE COMMUNITIES 25 TRIDEL CORPORATION 26 BAZIS INC. 26 BAZIS INC. 28 EMPIRE COMMUNITIES 29 PINNACLE INTERNATIONAL 30 BUENA VISTA DEVELOPMENTS 31 WORSLEY URBAN PARTNERS 32 MADISON HOMES 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 45 PINNACLE INTERNATIONAL 48 MINTO COMMUNITIES INC. 48 CAMROST - FELCORP 49 LANTERRA DEVELOPMENTS 49 TRIBUTE COMMUNITIES 50 CRESFORD DEVELOPMENT CORP. 51 TRIDEL CORPORATION 51 TRIDEL CORPORATION 52 CRESFORD DEVELOPMENT CORP. 53 LANTERRA DEVELOPMENTS 56 STREETCAR DEVELOPMENT 60 CANALFA GROUP 60 CANALFA GROUP 63 FERNBROOK HOMES/CITYZEN DEV. 63 THE GUPTA GROUP 68 HYDE PARK 71 TOWER HILL DEVELOPMENT CORPORATION 73 DIAM DEVELOPMENTS 74 THE DANIELS CORPORATION 78 EMPIRE COMMUNITIES 79 FREED 83 TRIDEL CORPORATION 85 HARHAY DEVELOPMENTS 85 CARTTERA 94 DHD DEVELOPMENTS 104 ASPEN RIDGE HOMES 104 CRESFORD DEVELOPMENT CORP. 114 PLAZA 114 FERNBROOK HOMES/CITYZEN DEV. 117 BAZIS INC. 117 METROPIA 117 PLAZA 124 PINNACLE INTERNATIONAL 128 LIFETIME DEVELOPMENTS 129 CONCERT PROPERTIES 131 LANTERRA DEVELOPMENTS 131 TRIDEL CORPORATION 133 TRIBUTE COMMUNITIES 140 EDEN SHAW 140 45 CHARLES LTD. 142 ANDRIN HOMES 148 GRAYWOOD/BEAVERHALL DEVELOPMENT 149 CAMROST - FELCORP 149 CAMROST - FELCORP 151 CITYZEN 151 FERNBROOK HOMES 153 URBAN CAPITAL 153 MALIBU INVESTMENTS INC. 153 ALIT DEVELOPMENTS 154 TRE MEMOVIA DEVELOPMENTS 155 LIFETIME DEVELOPMENTS 157 CASTLEPOINT/CITYZEN/FERNBROOK 162 PIANOSI DEVELOPMENTS 179 GRAYWOOD DEVELOPMENTS 179 MOD DEVELOPMENTS INC. 184 RESERVE PROPERTIES 185 PEMBERTON GROUP 190 CRESFORD DEVELOPMENT CORP. 197 STREETCAR DEVELOPMENT 199 FIELDGATE HOMES 200 FREED 200 CARTTERA 201 SOLOTEX 206 MOD DEVELOPMENTS INC. 207 RESERVE PROPERTIES 215 DUNDEE KILMER DEVELOPMENTS 215 DUNDEE KILMER DEVELOPMENTS 217 BAYWOOD HOMES 218 MALIBU INVESTMENTS INC. 218 URBAN CAPITAL 219 TAS DESIGNBUILD 221 HARHAY DEVELOPMENTS 222 LAMB DEVELOPMENT CORP.
*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.
082-Condo_Maps&List.indd 2
83
2016-02-24 6:24 PM
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20
A
21 22 23 24 25 26
121
Steeles Ave
12
99
33
B
North York C
9 34
124
14
400
50
5
37
401
D
15 17
7
22 13
28
123
E
20
401
25
3
122
F
19
16
21
18
130
125
G
132
95
H * Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
torontoregionalmaps: North York
#
84
Builder
13 LIBERTY DEVELOPMENT CORP. 20 MALIBU INVESTMENTS INC. 95 ASPEN RIDGE HOMES 95 LINDVEST 96 ELAD CANADA 121 LIBERTY DEVELOPMENT CORP. 124 TRIDEL CORPORATION 1 CONCORD ADEX 3 YYZED PROJECT MANAGEMENT 3 TIFFANY PARK HOMES 4 TRIDEL CORPORATION 5 LINDVEST 6 CONCORD ADEX 6 CONCORD ADEX 6 CONCORD ADEX 7 FRAM BUILDING GROUP 9 SORBARA GROUP 12 GHODS BUILDERS INC. 13 CASTLE GROUP DEVELOPMENTS 14 TORBEL GROUP 15 PHANTOM DEVELOPMENTS 16 URBAN CAPITAL 16 ALIT DEVELOPMENTS 17 CHESTNUT HILL DEVELOPMENT 18 KUBO DEVELOPMENTS 19 MADISON HOMES 21 TRIDEL CORPORATION 22 TRIDEL CORPORATION 25 CONTEXT DEVELOPMENT INC. 25 METROPIA 28 TRIDEL CORPORATION 33 CASTLE ROYALE DEVELOPMENT 34 DIAMANTE DEVELOPMENT CORP. 37 NORSTAR GROUP OF COMPANIES 50 MINTOURBAN COMMUNITIES INC. 50 DEVRON DEVELOPMENTS 96 ELAD CANADA 96 ELAD CANADA 122 LANTERRA DEVELOPMENTS 122 LANTERRA DEVELOPMENTS 122 LANTERRA DEVELOPMENTS 123 BRANDY LANE HOMES 124 TRIDEL CORPORATION 125 FRAM BUILDING GROUP 130 TRIBUTE COMMUNITIES 132 FRAM BUILDING GROUP/CADILLAC FAIRVIEW
Site
*TH: Townhomes, Highlighted listings are advertised in this issue of Condo Guide. C: Condo Please refer to page number for complete information.
082-Condo_Maps&List.indd 3
Telephone TH* C* Price Range
Page
Finder
The Village Residences 647-622-8408 • from $350,000 35 20D Southside Residences at Gramercy Park southsidecondos.ca • from $190,000 42 13E Scenic on Eglinton 416-805-1781 • from $300,000 23 23G Sonic lindvest.com/sonic • from $210,000 39 23G Fifth on the Park 416-492-0001 • from $250,000 31 24C World on Yonge 905-771-7010 • from $281,000 37 18A Parfait at Atria tridel.com IFC 24C Opus 416-813-2999 • • 22C VISTO vistocondos.ca from $267,000 8E Westhaven 416-792-6655 • from $633,000 23G Aristo at Avonshire 416-730-0300 • from $391,000 18D The Brownstones at Westown lindvest.com from $250,000 4C Tango at Concord Park Place 416-813-2999 • • from $236,000 22C Tango2 at Concord Park Place 416-813-2999 • from $265,000 22C Omega On The Park 416-813-2999 • • from $200,000 22C SOUL mysoulcondos.ca from $250,000 25C Beacon beaconcondos.ca • from $368,000 17C 5959 Yonge Street 416-222-5959 • from $302,000 18A Vida at Bayview Village 416-304-1212 from $250,000 20D Diva Condo DivaCondo.com from $241,000 11C Tea Garden Condos teagardencondos.com • from $200,000 19C The Ravine 416-850-2489 • • from $268,000 25E The Ravine 416-850-2489 • • from $250,000 25E Lotus Condominiums 416-222-8338 • from $306,000 19C Marquette Urban Towns 416-551-9767 • from $250,000 14E Briar Hill madisonhomes.ca • • from $400,000 12F Argento 416-663-1818 • from $370,000 22E Scala 416-730-0300 • from $300,000 22C The Yorkdale Condominiums 416-781-9990 • from $500,000 12E The Yorkdale Condominiums 416-781-9990 • from $170,000 12E Alto at Atria 416-645-8866 • from $334,000 25D The Palm Condominium Residences 416-306-1000 • from $400,000 17B The Diamond Condominiums on Yonge 416-961-8008 • from $268,000 17C Portrait Condominiums 416-282-9600 • from $255,000 13C 88 416-915-3805 • from $390,000 18C Flo Condominiums 647-799-0356 • from $322,000 18C Dreamtower At Emerald City 416-492-0001 • from $367,000 24C The Colours of Emerald City coloursofemeraldcity.com • from $250,000 24C Treviso Condominiums 416-787-8882 • from $203,000 12F Treviso II 416-787-8882 • from $263,000 12F Treviso III 416-787-8882 • from $250,000 12F The Station 416-398-9777 • from $467,000 12D Trio at Atria 416-645-8866 from $271,000 24C LIV Lofts 416-445-5638 • from $250,000 22F Canterbury 647-352-2130 • • from $951,000 19F Flaire Condos 416-445-8868 • from $305,000 22F
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554
2016-02-24 6:24 PM
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20
vd
40
27
Dixon Rd
d ett R
Etobicoke
409
Scarl
Av e
Bl
Westway
Rathburn Rd
21 d ll R Mi
Da nf or th
Islington Ave
e
10
Kipling Ave
Martin Grove Rd
2A
44
34 Bloor St W
Dundas St W
50 8
Queensway
14
QEW
9
22
Gardiner Expressway Evans Ave
2
Horner Ave
H
Park Lawn
3
16
Royal York Rd
Scarborough
28
al
30
1
401
Ranforth Dr
Ki
xd
427
Centennial
Manse Rd
K
Galloway Rd
Scarborough Golf Rd
Orton Park Rd
McCowan Rd
St. Clair Ave
n
sto
g in
RD
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
Lawrence Ave E
Markham Rd
orto
Brim
Eglinton Ave E
F
n Dr
d
Finch Ave W
Re
East Ave Port Union Rd
27 71
nR
Sheppard Ave E
Morrish Rd
Progress Ave
Brimley Rd
Birchmount Rd
Warden Ave
Pharmacy Rd
E
Kennedy Rd
Ellesmere Rd
D
401
55 Midland Ave
401
Milner Ave
bio
Humberline Dr
23
Al
Beare Rd
Sheppard Ave E 26
Conlins Rd
C
Ave
Morningside Ave
evin
McL
Passmore Ave
Meadowvale Rd
Huntingwood Dr
Reesor Rd
Finch Ave E
B
Sewells Rd
Neilson Rd
McNicoll Ave
Tapscott Rd
McCowan Rd
A
21 22 23 24 25 26
56
6 19 24 17 18
39
Lakeshore Blvd W
# 13 18 1 2 3 3 6 8 8 9 10 10 11 14 16 17 18 19 21 22 23 24 26 27 28 30 34 39 39 44 50 50 55 55 56 61 71
Builder OPEARL DEVELOPMENTS MATTAMY HOMES INSOHO DEVELOPMENTS STANTON RENAISSANCE LAURIER HOMES MUTUAL DEVELOPMENTS CONSERVATORY GROUP TRIDEL CORPORATION TRIDEL CORPORATION WILKINSON DEVELOPMENTS LASH GROUP OF COMPANIES CARTTERA SCOLLARD DEVELOPMENT INFINITY DEVELOPMENTS CONCERT PROPERTIES TIMES GROUP CORP. MONARCH CORPORATION ICON HOMES MENKES DEVELOPMENTS INC. MENKES DEVELOPMENTS INC. CITYCORE DAVIES SMITH GEMTERRA GLOBAL KINGDOM MINISTRIES LIBERTY DEVELOPMENT CORP. TERRANATA DEVELOPMENTS INC. EDILCAN DEVELOPMENT CORP. MONARCH CORPORATION MATTAMY HOMES TRIDEL CORPORATION PEMBERTON GROUP NORTH STAR HOMES TRIDEL CORPORATION TRIDEL CORPORATION PHANTOM DEVELOPMENTS VHL DEVELOPMENTS LTD. LASH GROUP OF COMPANIES
torontoregionalmaps: Scarborough, Etobicoke
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
Site Telephone TH* C* Price Range Page Finder Sail Condominiums sailcondos.ca • from $200,000 50 2C Lago 416-495-3544 • from $530,000 Insert 25C Imagine Condos 416-367-7303 from $235,000 4F On The Go Mimico 647-692-8417 • from $200,000 23H Elliot & Mackay Condominium elliotandmackay.com • 2G Elliot & Mackay Condominium elliotandmackay.com • 2G Altitude 416-321-1659 • from $230,000 25H Islington Terrace 416-645-8862 • from $250,000 23F Bloor Vista at Islington Terrace 416-645-8862 • from $250,000 23F Hunt Club Terrace 416-698-3020 • 2H Cloud 9 Condominiums 416-747-0199 • from $240,000 22B Cloud 9 Condominiums 416-747-0199 • from $240,000 22B Guildwood 416-266-3655 • from $200,000 8F Residences at The Hunt Club 416-699-1711 • from $300,000 2G The KIP District thekipdistrict.com • from $237,000 22F Key West Condominium keywesttorontocondo.com from $320,000 25H Lago 647-347-5930 • from $530,000 25C Royal York Urban Towns 416-901-0206 • from $220,000 24H Dwell City Towns 416-259-2525 • from $390,000 20F Humber Mews 416-259-2525 • from $550,000 20H Harmony Village 416-493-0123 • 2C Eleven Superior 416-259-8882 • from $311,000 24H Joy Condos joycondos.com • from $220,000 4C Trinity Ravine Towers 647-876-5433 • from $270,000 7D Terrace on Danforth 416-987-7575 • from $278,000 2G The Step 416-798-7070 • from $145,000 23B Triumph at Valhalla 416-233-5554 • from $250,000 21F Waterscapes 416-495-3544 • from $414,000 26H Waterscapes 416-495-3544 • from $400,000 26H West Village 416-620-1887 • from $386,000 20F Vivid Condos 416-239-8200 • from $391,000 23F Connexion at Islington northstarhomesinc.com • from $300,000 23F Avani At Metrogate 416-293-5535 • from $309,000 4C Avani 2 At Metrogate 416-293-5535 • from $250,000 4C Jade Condominiums 416-762-8818 • from $305,000 25G Haven On The Bluffs 416-2611-9555 • from $292,000 3E Me Condos 416-430-0003 • from $250,000 8D
*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
082-Condo_Maps&List.indd 4
85
2016-02-24 6:24 PM
d Dr Lair
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Toronto Waterfront
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waterfrontmaps: TORONTO
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
86
#
Builder
Site
1
MENKES DEVELOPMENTS INC.
Telephone TH* C* Price Range
Harbour Plaza
416-591-7700 •
15 THE DANIELS CORPORATION
Daniels Waterfront
18 URBAN CAPITAL
Page
Finder
from $350,000
Insert
14F
416-221-3939
• from $280,000
Insert & 65
16F
RC3
416-862-0505
• from $220,000
33 16F
58 GREAT GULF
Monde
416-466-8885 •
• from $338,000
45
17E
60 CANALFA GROUP
Liberty Central by the Lake Two
416-537-0047
• from $369,900
73
11F
4
TRIDEL CORPORATION
Aqualina at Bayside Toronto
416-514-2710
16E • from $355,500
4
TRIDEL CORPORATION
AquaVista at Bayside Toronto
416-514-2710
• from $814,000 16E
8
CONCORD ADEX
Spectra at Concord CityPlace
416-813-0999 •
•
14F
Twenty Lombard
416-499-8883
• from $543,000
16K
10 GREAT GULF
*TH: Townhomes, C: Condo
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
086-087-Waterfront Maps & List.indd 98
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to 416-789-9554
2016-02-24 6:31 PM
Rathburn Rd
Fi
an
Dr al W Rd
ee Qu tW
ds Q or ue Dr en S
in
18
lW ya Ro
W Rd e or sh
27
Etobicoke Waterfront
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
69
ac
e
ate
Rd
3
Lakeshore Blvd E
Mississauga Waterfront Orillia
ke
R
Mara
93
6
11
27
Oro Rd
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2
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id
28 5
Gardiner Expressway
12 11
9
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Wasaga Beach
Vespra
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W
Br
Evans Ave
M Rd La
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QEW
69
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24
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4
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10
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28 EMPIRE COMMUNITIES
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Georgina Keswick
400
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48
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21 22 23 24 25 26
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Uxbridge
Lake
Telephone TH* C* Price Range 416-495-3544 48
og
Scug
Manvers
Page
Scugog
• from $363,000
Finder
Insert 24C
King
Newcastle
Schomberg Eau Du Soleil - Waterfront Condominiums 416-503-3328 • from $320,000 Whitby
Oshawa
6–7
25B
401
waterfrontmaps: GTA
W St n ee
W
3
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41
2
STANTON RENAISSANCE
On The Go
647-692-8417 •
from $200,000 23C
3
DAVIES SMITH
Eleven Superior
416-259-8882 •
from $310,900 23C
5
DAVIES SMITH
Hearthstone by the Bay
416-259-4466 • from $440,900 24C
6
SCOLLARD DEVELOPMENT CORP.
Boathaus
boathaus.ca • from $197,900 22I
Waterscapes
416-495-3544 • from $413,990 13B
11 MONARCH CORP.
*TH: Townhomes, C: Condo
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
086-087-Waterfront Maps & List.indd 99
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to 416-789-9554
87
2016-02-24 6:31 PM
50
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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20
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Scugog 48
Newcastle
2016-02-24 6:24 PM
Builder
2
THE DANIELS CORPORATION
Site
Telephone TH* C*
Olivia Marie Gardens
905-874-8880
Price Range
Page
Finder
• from $300,000
19
14K
adidevelopments.com • from $390,000
44
5N
905 regionalmaps: Burlington, Brampton, Mississauga, Oakville, Further West, Further North
#
11 ADI DEVELOPMENT GROUP
Station West
17 PEMBERTON GROUP
Downtown Erin Mills Condominiums
905-630-6300 • from $300,000
Insert 18M
17 PEMBERTON GROUP
Downtown Erin Mills Condominiums Tower 2 905-603-6300 • from $300,000
Insert 18M
47 THE DANIELS CORPORATION
ARC Daniels Erin Mills
1
VANDYK COMMUNITIES
The Craftsman
3
CASTLERIDGE HOMES
The Clairington
3
PINNACLE INTERNATIONAL
The Marquee Townhomes on the Park 905-568-9000 • from $720,000 20K
4
CONSERVATORY GROUP
Mirage
905-232-2400 • from $260,000 20K
5
AMACON
Block Nine
905-273-9333 • from $200,000 20L
8
FERNBROOK HOMES
Absolute World
416-869-6057
8
CITYZEN
Absolute World
416-869-6057 from $188,000 21K
9
EMPIRE COMMUNITIES
Senses Condominiums
905-845-7246 • from $195,000 17Q
10 AMACON
The Residences at Parkside Village
905-273-9333 • 21K
13 GREAT GULF
The Chelsea
905-844-1605 • from $220,000 16P
14 PEMBERTON GROUP
Rosedale Village Golf & Country Club 905-799-5000
15 ADI DEVELOPMENT GROUP
Link2 Condos+Lofts
905-592-2028 • from $225,000 5M
16 VANDYK COMMUNITIES
Windows on the Green
905-822-3333 from $410,000 19N
18 RETIREMENT LIFESTYLE COMMUNITIES
Palisades on the Glen
905-820-8210 • from $290,000 18N
19 METROLY DEVELOPMENTS
The 6ixth
20 CARRIAGE GATE HOMES
The Berkley Downtown Burlington theberkeleycondo.com • from $340,000 5M
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 $200,000 19K
35 ASHLEY OAKS GROUP
Emporium at Joshua Creek
905-618-0660
45 EMPIRE COMMUNITIES
Rain Condominiums
47 THE DANIELS CORPORATION
Daniels Erin Mills
905-306-6996 • from $220,000
15
17M
craftsmancondos.com from $310,000 21N 905-793-0002 • from $230,000 16E
•
•
• from $188,000 21K
• from $204,000 13F
the6ixthtowns.com • from $300,000 16P
• from $274,000 17O
empirerainsenses.com • from $350,000 17Q 905-306-6996 • from $200,000 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
082-Condo_Maps&List.indd 6
89
2016-02-24 6:25 PM
WhitechurchStouffville
A
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Mt Albert Rd
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9
PEMBERTON GROUP
Indigo Condiminiums
5
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Cosmos Condominiums
34
Town of Markham
Raymervil
Site
Main St S
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Major Mackenzie
Bullock Dr Hwy 7
Aldergrove Dr
404
14 Ave
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Builder LIBERTY DEVELOPMENT CORP.
3 407
Steeles Ave E
#
Kennedy Rd
8
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1
45
7 17
404 St
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32
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16 Ave Carlton Rd
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7
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21 22 23 24 25 26
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Teston Rd
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Stouffville Rd
Keele St
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404
400
Jane St
Weston Rd
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Woodbin e Ave
King-Vaughan Rd
McCowan Rd
Aurora Rd
Warden Ave
B
Bayview Ave
ession Rd
St John's Sideroad
Leslie St
9 Conc
Vivian Rd
Cold Cree
12 Line Rd
905regionalmaps: Maple, Thornhill, Richmond Hill, Vaughan, Markham, Stouffville, Ajax, Whitby, Oshawa
1 2 3 4 5 6 7 8 Town9 of 10 11 12 13 14 15 16 17 18 19 20
Markham
Denison St
Telephone TH* C* Price Range
Page
Finder
cosmoscondos.ca • from $250,000
36
6G
royalpinecondos.com • from $390,000
75
9C
905-553-1430 • from $250,000
8 & Insert
9E
oggitowns.com • from $320,000
77
1G
11 DUKA DEVELOPMENTS
Oggi Boutique Townhomes
13 LIBERTY DEVELOPMENT CORP.
Legacy Park
905-731-8302 • from $300,000
37
10G
17 REMINGTON GROUP
York Condos Downtown Markham 905-948-9900 • from $200,000
53
1&F
31 PEMBERTON GROUP
Sky City 2
905-709-5700 • from $350,000
9 & Insert
12F
43 GUIZZETTI DEVELOPMENTS
Grand Palace
905-907-4370 • from $250,000
51
12E
3
TRIBUTE COMMUNITIES
Varley
905-604-1477 • from $550,000 19F
4
TRIDEL CORPORATION
Renaissance of Richmond Hill
416-736-9500 • from $795,000 14E
5
LINDVEST
Grand Cornell Brownstones in Markham 905-294-6161 from $340,000 23F
6
ARMOUR HEIGHTS DEVELOPMENTS
The Sorrento
7
MINTOURBAN COMMUNITIES INC.
WaterGarden
8
WYVIEW GROUP
Unionville gardens
289-637-1777 • from $400,000 13B 416-915-3800 • from $770,000 12F unionvillegardens.com • from $200,000 18F
10 GREAT LANDS CORP.
The Beverly Hills Resort Residences 905-882-6636
• from $277,000 12E
15 GERANIUM HOMES
Pace on Main
16 PODIUM DEVELOPMENTS
University Studios
31 PEMBERTON GROUP
Sky City
905-709-5700 • from $300,000 12F
32 LIBERTY DEVELOPMENT CORP.
Royal Gardens
905-889-9997 • from $303,000 15F
32 SIGNATURE COMMUNITIES
TAO Boutique Condos
905-597-2535 • from $364,000 15F
33 PEMBERTON GROUP
Miracle at Yonge
905-709-5700 • from $300,000 12F
34 SIERRA HOMES
68 Main Street
905-305-0822 • from $250,000 21E
40 NOVA TRIMAX
Allegra
905-850-6866 • from $200,000 1F
41 QUADCAM DEVELOPMENT GROUP INC
Vista Parc Condominiums
905-850-8883 • from $200,000 3F
44 LIBERTY DEVELOPMENT CORP.
Centro Square Condos
905-851-8877 • from $333,000 5F
45 KYLEMORE COMMUNITIES
The 6th Angus Glen
905-887-9950 • from $625,000 19E
905-591-1071 • from $330,000 10C universitystudios.ca • from $150,000 25 B
*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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Ontario’s best source of real estate information to
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INDEX OF ADVERTISERS ADI Development Group - Nautique Lakefront Residences
79
Madison Homes - 609 Avenue Road
55
ADI Development Group - Station West
44
Madison Homes - Zigg St.Clair West
59
Aragon Properties - EightyOne Wellesley
22
Malibu Investments Inc. - Southside Residences at Gramercy Park 42-43
Aragon Properties - Enigma on the Park
61
Mattamy Homes - J Davis House
Aspen Ridge Homes - Scenic on Eglinton
23
Mattamy Homes - Lago
Insert
Aspen Ridge Homes - Studio on Richmond
23
Mattamy Homes - Riva del Lago
Insert
Aspen Ridge Homes - The Jack
23
Menkes Developments Inc. - 365 Church
Insert
Menkes Developments Inc. - 87 Peter
Insert
Bazis Inc. - No1 Yorkville
3
BC
Biddington Homes - J Davis House
BC
Menkes Developments Inc. - Fabrik
Insert
Brad J. Lamb Realty - James
63
Menkes Developments Inc. - Harbour Plaza
Insert
Menkes Developments Inc. - Pears on the Avenue
Insert Insert
Camrost - Felcorp - Blue Diamond at Imperial Plaza
1
Canalfa Group - Liberty Central by the Lake Two
73
Menkes Developments Inc. - The Eglinton Yonge at Heart
ComFree - Promo
92
One of a Kind Show & Sale - March 23 - 27
17
Opearl Developments - Model Suite of the Month - Sail Condos
93
96 & IBC
Opearl Developments - Sail Condominiums
50
IBC
Pemberton Group - Citylights on Broadway
Insert Insert
Concord Adex - The Lakeshore Cresford Development Corp. - CASA III Cresford Development Corp. - Corporate
28-29
Duka Developments - Oggi Boutique Townhomes
77
Pemberton Group - Downtown Erin Mills Condominiums
ELAD Canada - Fifth on the Park
31
Pemberton Group - Downtown Erin Mills Condominiums Tower 2 Insert
Empire Communities - Eau Du Soleil Waterfront Condominiums 6-7
Pemberton Group - Indigo Condiminiums
8 & Insert
Family of magazines - Promo
91
Pemberton Group - Sky City 2
9 & Insert
Fieldgate Homes - Zigg St.Clair West
59
Pemberton Group - TEN93 Queen West
Insert
Great Gulf - Monde
45
Pemberton Group - The Urban Townhome Collection
Insert
Great Gulf - One Bloor Residences
45
Pinnacle International - The PJ
Great Gulf - Yonge+Richmond
45
Plaza - Corporate
Guizzetti Developments - Grand Palace
51
Remington Group - York Condos Downtown Markham
53
Lamb Development Corp. - East Fiftyfive
67
Royal Pine Homes - Hampton Place
75
Lamb Development Corp. - King Charlotte
49
St. Thomas Developments - 88 Queen
71
Lamb Development Corp. - The Brant Park
49
State Building Group - 609 Avenue Road
55
Lamb Development Corp. - Theatre Park
49
The Daniels Corporation - ARC Daniels Erin Mills
15
Latch Developments - The Bennett on Bayview
69
The Daniels Corporation - Daniels Waterfront
Liberty Development Corp. - Cosmos Condominiums
36
The Daniels Corporation - High Park Condominiums
13
Liberty Development Corp. - Legacy Park
37
The Daniels Corporation - Olivia Marie Gardens
19
Liberty Development Corp. - The Village Residences
35
Trending Now - Promo
95
Liberty Development Corp. - World on Yonge
37
Tridel Corporation - Parfait at Atria
Lifetime Developments - Whitehaus Condominiums
27
Urban Capital - RC3
33
Lindvest - Sonic
39
Your First Home - Promo
58
Luxury Living Magazine - Promo
26
YP Next Home - Promo
54
5 46-47
Insert & 65
IFC
94窶ズPNEXTHOME.CA
94 - Advertiser Index.indd 126
2016-02-24 6:32 PM
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Visit our website: FEB 27 - MAR 12, 2016 | NEW CONDO GUIDE 95
TCG 02-27-16 master.indd 95
2016-02-23 5:59 PM
INTRODUCING THE INTRODUCING THE INTRODUCING THE INTRODUCING INTRODUCINGTHE THE
YONGE && BLOOR BLOOR YONGE COLLECTION COLLECTION BY BY BY BY BY
WORLD-CLASS LUXURY INSPIRED BY HIGH END LIVING WORLD-CLASS LUXURY INSPIRED BY HIGH END LIVING WORLD-CLASS LUXURY INSPIRED BY HIGH END LIVING WORLD-CLASS LUXURY INSPIRED BY HIGH END LIVING WORLD-CLASS WORLD-CLASSLUXURY LUXURYINSPIRED INSPIREDBY BYHIGH HIGHEND ENDLIVING LIVING SKY SUITES FROM $599,900 | SIGNATURE PENTHOUSES FROM $1,799,900 SKY SUITES FROM $599,900 SIGNATURE PENTHOUSES FROM $1,799,900 SKY SUITES FROM $599,900 SIGNATURE PENTHOUSES FROM $1,799,900 SKY SUITES FROM $599,900 SIGNATURE PENTHOUSES FROM $1,799,900 SKY SKY SUITES SUITES FROM FROM $599,900 $599,900| || ||SIGNATURE SIGNATURE PENTHOUSES PENTHOUSES FROM FROM $1,799,900 $1,799,900 CALL FOR YOUR PRIVATE APPOINTMENT EXPERIENCE YOUR CALL FOR YOUR PRIVATE APPOINTMENT EXPERIENCE YOUR CALL FOR YOUR PRIVATE APPOINTMENT & EXPERIENCE YOUR CALL FOR YOUR PRIVATE APPOINTMENT EXPERIENCE YOUR CALL CALLFOR FORYOUR YOURPRIVATE PRIVATEAPPOINTMENT APPOINTMENT&&&& &EXPERIENCE EXPERIENCEYOUR YOUR BREATHTAKING VIEWS. 416.486.CASA(2272) BREATHTAKING VIEWS. 416.486.CASA(2272) BREATHTAKING VIEWS. 416.486.CASA(2272) BREATHTAKING VIEWS. 416.486.CASA(2272) BREATHTAKING BREATHTAKING VIEWS. VIEWS. 416.486.CASA(2272) 416.486.CASA(2272) BROKERS PROTECTED. PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. ILLUSTRATIONS ARE ARTIST’S CONCEPT. E. & O.E.
BROKERS PROTECTED. PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. ILLUSTRATIONS ARE ARTIST’S CONCEPT. E. & BROKERS PROTECTED. PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. ILLUSTRATIONS ARE ARTIST’S CONCEPT. &O.E. O.E. BROKERS PROTECTED. PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. ILLUSTRATIONS ARE ARTIST’S CONCEPT. & BROKERS PROTECTED. PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. ILLUSTRATIONS ARE ARTIST’S CONCEPT. E.E. &O.E. BROKERS PROTECTED. PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. ILLUSTRATIONS ARE ARTIST’S CONCEPT. E.& & O.E. BROKERS BROKERS PROTECTED. PROTECTED. PRICES PRICES AND AND SPECIFICATIONS SPECIFICATIONS ARE ARE SUBJECT SUBJECT TO CHANGE TO CHANGE WITHOUT WITHOUT NOTICE. NOTICE. ILLUSTRATIONS ILLUSTRATIONS ARE ARE ARTIST’S ARTIST’S CONCEPT. CONCEPT. E.E. E. O.E. &O.E. O.E.
CRES 45205 CONDO GUIDE NEW CORPORATE AD DPS_final.indd All Pages CRES 45205 CONDO GUIDE NEW CORPORATE AD DPS_final.indd All Pages CRES 45205 CONDO GUIDE NEW CORPORATE AD DPS_final.indd All Pages CRES 45205 CONDO GUIDE NEW CORPORATE AD DPS_final.indd All Pages CRES 45205 CONDO GUIDE NEW CORPORATE AD DPS_final.indd All Pages CRES CRES 45205 45205 CONDO CONDO GUIDE GUIDE NEW NEW CORPORATE CORPORATE AD AD DPS_final.indd DPS_final.indd All Pages All Pages 096-Cresford-Corp 02-27-16.indd 96
2016-02-23 11:02 AM
1THOUSAND BAY MOVE IN NOW
CASA III MOVE IN NOW
CASA II UNDER CONSTRUCTION
VOX UNDER CONSTRUCTION
THE CLOVER CONSTRUCTION STARTING SOON
BROKERS PROTECTED. PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. ILLUSTRATIONS ARE ARTIST’S CONCEPT. E. & O.E.
STYLE. LOCATION. DESIGN. INSPIRE. PASSION. TRUST. Over the last four decades, Cresford has proudly shaped the dynamic skyline of Toronto, building iconic landmarks in some of the city’s most sought-after locations. Cresford’s legendary design capabilities, signature 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 prides itself on 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.
Deliciously priced. Delectably spacious. IT’S SWEET, CHIC, AND UTTERLY DELICIOUS. Every opportunity in life should be this delectable. Experience a deep variety of goodness, layer after layer. It’s hard not to just dig in. It’s decadent, indulgent, and filled with adventurous flavour. Prepare to savour your life here. With so much to love, Parfait really is the cherry on top of Tridel Dorsay’s master planned community, Atria. LIFE IN NORTH YORK JUST GOT SWEETER.
NOW OPEN Presentation Centre 2255 Sheppard Avenue East, North York, Ontario Unit 120 at Settlers Road 416.645.8866
EIGHT DECADES OF HOME BUILDING. OVER 80,000 HOMES BUILT. TRIDEL COMMUNITIES ARE BUILT GREEN. BUILT FOR LIFE.® ©Tridel 2016. ®Tridel, ”D” design, Tridel Built for Life, Tridel Built for Life Design, and Built Green. Built for Life are registered Trademarks of Tridel Corporation. Project names
tridel.com
NEW KID ON THE BLOCK. Introducing J. Davis House, a stunning new condominium residence on Yonge just north of the Davisville Subway Station. This is no tower of power, instead it’s an intimate boutique-style residence that quietly harmonizes with the tree-lined residential streets that are its neighbours. Residences at J. Davis House offer sublime elegance, quality features and finishes and plentiful spaces, many with large terraces. J. Davis House, in tune with your life.
From the low $300's.
Sales Centre 1955 Yonge Street. Mon - Thurs Noon to 8pm. Fri 1 to 6pm. Weekends + Holidays 11 to 6pm. Prices, specifications and promotions are subject to change without notice. E.&O.E. Illustration is artist’s impression. Feb/16.
YONGE
J D AV I S H O U S E . C O M 6 4 7. 3 4 3 . 3 2 7 0
BELSIZE MILLWOOD