GTA New Condo Guide - Apr 1, 2017

APR 1 - 15, 2017 VOLUME 21, ISSUE 7, FREE

GTA EDITION

Everything a home should be.

INSIDE THIS ISSUE

SUBURBAN NOTE THAT CONDO THISMARKET CALLOUT IS CONCERNING ANDCONDOS, THAT THE BARAISDIFFERENT ALWAYS KIND OF HITSPRING SHIFT F7 AND DISTRIBUTE THIS 2017-03-16 12:23 PM IS HOTTER ALWAYSTHAN YPNHEVER GREY IN COLOUR SIZE DOES WHITE MATTER ON BOTTOM OF PAGE AT 0.2074 INCHES YEAR IN CANADIAN SPACING REAL ESTATE

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Downtown Toronto’s Next Great Neighbourhood.

tridel.com

Editor’s Note

Getting into a hot housing market

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

IF YOU’RE LUCKY ENOUGH to own a small slice of Toronto’s pricey property pie, consider yourself lucky. The Greater Toronto Area is growing to the tune of 100,000 new residents every year. The competition for homes is growing, supply is shrinking, and prices are rising, creating challenges for would-be homebuyers – particularly first-time buyers who simply can’t get their foot in the door.

I recently asked some home builders if there’s a solution – or at least a work-around – to Toronto’s housing affordability problem. They all agreed that getting into this hot market hinges on personal choices: where, what and how much?

“The issue is not that there are no affordable choices in the GTA,” Gary Mcilravey, Empire’s manager of market research, told me. “It’s just that the form of these affordable choices is much different than in the past.”

Translation: look beyond the single-detached house.

The GTA has plenty of options to choose from, and now more than ever, we’re seeing these take shape as new condominiums in the 416, 905 and beyond. Midrise and highrise condos, and stacked townhomes are stepping in as the new form of popular and affordable housing.

Condos have risen in rank as a top choice for homebuyers, and not just as a stepping stone for first-timers as was historically the case. Families and move-up buyers are also choosing condos for their great locations, convenient lifestyle, affordability and resale value.

A home is a huge commitment, so consider your wants, needs and budget. First and foremost, a “dream home” is one that you can afford.

WHY NIMBYISM HURTS US ALL

READ MORE ONLINE We’ve all heard the acronym, yet not everyone knows what it means – what it really means. NIMBY, or “not in my back yard,” implies just what it says.

“Yes to new housing, schools and community development, just not right where I live, thank you very much.” The development industry chimes in.

Read the full story…

nexthome.yp.ca/nimby-development

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Make the most of every minute.

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

ONSITE SALES CENTRE OPENING SOON! 5475 Dundas Street West

(Between Hwy 427 and Kipling) Condominiums from the mid $300s

REGISTER TODAY! PinnacleEtobicoke.ca

PinnacleInternational.ca | 416.596.1600

V TORONTO . MISSISSAUGA . VANCOUVER .

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

APRIL 1 - 15, 2017 | NEW CONDO GUIDE 3

Contributors

BILD REPORT

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

VICE PRESIDENT & CHIEF PUBLISHING OFFICER

Caroline Andrews PUBLISHER & GENERAL MANAGER

Shawn Woodford DIRECTOR OF SALES

Moe Lalani

LEGALLY SPEAKING

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

ASSOCIATE PUBLISHER

Anne-Marie Breen SENIOR MANAGER, CONTENT

Jennifer Reynolds SENIOR EDITOR

Lydia McNutt ART DIRECTOR

Daiana Garay

CONDO PRO

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

CONTRIBUTING EDITORS

Sonia Bell Wayne Karl Elisa Krovblit DESIGN EDITOR

Yanic Simard

SENIOR ACCOUNT EXECUTIVES

STAT CHAT

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

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

SALES & MARKETING CO-ORDINATOR

Terry Bassett

PRODUCTION MANAGER

Helen Pearce PRODUCTION CO-ORDINATOR

MORTGAGE ADVICE

ALYSSA FURTADO

Sandra Hanak-Vujnovic GRAPHIC DESIGNER

Miguel Cea

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

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

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

ADVERTISING Call 416.626.4200 for advertising rates

and information.

CIRCULATION Highly targeted, free distribution

DESIGNER ADVICE

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

FINANCE

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

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

COPYRIGHT 2017 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 your ideas to the editor at lydia.mcnutt@ypnexthome.ca. The views and data expressed by columnists do not necessarily represent those of the publication.

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

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APRIL 1 - 15, 2017 | NEW CONDO GUIDE 5

Property Profile | PEMBERTON GROUP

cover story

At Mills Square, residents will enjoy spacious open-concept designs

PEMBERTON GROUP Everything a home should be across the GTA PEMBERTON GROUP TAKES PRIDE IN DESIGNING and building diverse

condominium communities that have their own unique appeal and offer everything a home should be.

Residents enjoy an enviable lifestyle with exciting on-site recreational and entertainment amenities, modern open-concept designs, Pemberton’s renowned high-quality features and finishes, and impeccable craftsmanship.

Owning a Pemberton-built suite or townhome also offers the added peace of mind that comes with buying from a well-trusted builder.

An exclusive enclave, The Urban Townhome Collection at U Condominiums is situated along Bay Street, steps from Bloor-Yorkville. The final luxury townhomes are priced from $2.5 million, and offer 30-day closings. Visit by appointment only.

Call 416.277.6695.

DISCOVER YOUR NEW HOME IN DESIRABLE NEIGHBOURHOODS ACROSS THE GREATER TORONTO AREA Act now and you can still own at successful Indigo Condominiums in Maple.

Under construction adjacent to the Maple GO station and shopping in the historic Village of Maple, this attractive mid-rise community offers spacious townhomes at Major Mackenzie and Dufferin. From here, the GO train commute to Union Station takes just over a half an hour. Townhomes priced from the $600’s. Call 905.553.1430.

COMING THIS SPRING Pemberton is getting ready to introduce a number of brand new communities and buildings. Be sure to register and to subscribe online at pembertongroup.com in order to receive up-to-date information, as soon as it becomes available.

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Impeccable features and finishes are a Pemberton hallmark

YongeParc’s stylish amenities will include the lobby with welcoming concierge services

Much-anticipated Time and Space will transform an entire city block at Front and Sherbourne. The community will be located steps to St. Lawrence Market and a roster of downtown amenities. Exterior design is by Wallman Architects, with the interiors and striking amenities by U31. Floor plans will range from one- to three-bedroom layouts.

YongeParc is coming to the heart of Richmond Hill. This urban community will be steps from a wealth of area amenities including GO Transit, VIVA, YRT, parks, schools, theatres, and shopping.

In the popular Erin Mills neighbourhood of Mississauga, Mills Square will feature spacious family-friendly one-bedroom-plus-

Time and Space’s retro party room will be ideal to host modern entertaining

dens, two-bedroom, and twobedroom-plus-dens, priced from the $300’s. Interior features and finishes include custom-quality kitchens with extended uppers, full-size appliance packages, and 71/2-inch wide laminate flooring.

Watch for GO.2, a new Maple residence that will be unveiled later this spring!

Prices and specifications are correct at press time. See a sales representative for full details.

To register and learn more about Pemberton’s many fine condominium communities, visit the website at pembertongroup.com. You can also follow the company on Facebook, Twitter, Instagram and YouTube.

Locations

Across the GTA Builder

Pemberton Group Development

Indigo Condominiums The Urban Townhome Collection Time and Space Mills Square YongeParc GO.2 Home Type

Highrise condominiums, midrise suites and townhomes Contact

pembertongroup.com

APRIL 1 - 15, 2017 | NEW CONDO GUIDE 7

What’s Online

Trending now The latest real estate news from across Canada

5 spring cleaning tips READ THE STORY ONLINE

Hot issue: Home builders talk affordability

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READ THE STORY ONLINE nexthome.yp.ca/housing-affordability

6 financial home-buying hacks READ THE STORY ONLINE nexthome.yp.ca/home-buying-hacks

Housing a priority in Budget 2017, but still falls short

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WA

COMING THIS SPRING A NEW LEADING LIGHT AT TORONTO’S WATERFRONT

THE NEWEST OPPORTUNITY TO LIVE AT DANIELS WATERFRONT The evolution of art, culture, and life on Toronto’s waterfront. Hot off the heels of the Lighthouse West Tower, Daniels welcomes Lighthouse East Tower at Daniels Waterfront – City of the Arts – an iconic, waterfront address, steps from Lake Ontario, Sugar Beach, gorgeous parklands, trails, dining, shopping, entertainment, and more. Experience life connected to the lake, the city, and the arts at Lighthouse East Tower.

Suites from the $300s REGISTER TODAY!

LIGHTHOUSEEASTTOWER.COM | 416.221.3939 Exclusive Listing: CityLife Realty Ltd. Brokerage. Brokers Protected. Illustration is artist’s concept. Specifications and prices 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.

APRIL 1 - 15, 2017 | NEW CONDO GUIDE 9

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contents APRIL 1 – 15, 2017 | VOLUME 21, ISSUE 7

6 ON THE COVER

Pemberton Group: Everything a home should be across the GTA

+ online NEIGHBOURHOOD

HOME SEARCH

MORE +PHOTOS +VIDEOS +ADVICE +INSPIRATION +TRENDING

WITH

DYNAMIC MAPS

LOOK FOR THE CIRCLE

property profiles

trending

22 The Peak

18

Enhancing architectural landscape at Emerald City

36

Nobu Residences

Restaurant and hotel destined for Toronto

42 WestBeach Condominiums

WestBeach architecture celebrates the street

52 Nobu Condos

Life is better in the Nord

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Affordable housing

Mismatch between housing supply and demographic demand in Canada

20 Facts & figures

Housing by the numbers

by Sonia Bell

38

Budget 2017

Housing a priority, but still falls short

by Wayne Karl

28 Fundamentally speaking It’s a different kind of spring this year

by Wayne Karl

32

Condo pro

Condo size matters, as long as it’s right for you!

by Barbara Lawlor

33

22

Stat chat

The suburban condo market is hot again

by Ben Myers

34 OHBA report

The quest for energy-efficient housing continues

by Joe Vaccaro

48 Legally speaking

Title insurance: What is it, and why do you need it?

by Jayson Schwarz

56 Mortgage advice

Should you get a mortgage?

5 things to consider

by Alyssa Furtado

inspiration

30 Trend spotting

King East Design District

50 Style File

Budget-friendly spring style updates

42 40 Luxury real estate

GTA to lead in luxury home sales across Canada

44 Urban development

Building industry chimes in on NIMBYism and new development

by Lydia McNutt

by Jo Alcorn

buyers’ resource section

66 Hot properties 905 Best all-day breakfast

by Jennifer D’Agostino

54 Housing market

Canadian housing story remains a tale of two markets in 2017-18

67

60 Housing market

What $1 million can buy from coast to coast

62 Homebuyers’ help

46 Housing market

Scarcity of single-family lowrise homes “almost inconceivable”: BILD

Previews, new releases and grand openings in the 905

58 Top list

Hot properties 416

Previews, new releases and grand openings in the 416

in every issue

02 Editors’ note

As prices go up, so do expectations

04 Contributors

by Elisa Krovblit

08 What’s online

advice

78

12

district maps

BILD report

Innovative townhome forms offer consumers affordable new home options

by Brian Tuckey

Advertiser index

68 Toronto and Waterfront 74 905 region APRIL 1 - 15, 2017 | NEW CONDO GUIDE 11

Advice | BILD REPORT

Innovative townhome forms offer consumers affordable new home options

By Bryan Tuckey

MORE ADVICE ONLINE ypnexthome.ca/news/advice

ONE WAY THE LAND development and

home building industry is providing consumers with affordable new home options while complying with the province’s intensification requirements is by building innovative forms of townhomes.

In recent years, the industry has introduced many varieties of stacked and back-to-back townhomes across the GTA. With these forms of housing, the industry is building gentle density and is trying to meet the insatiable demand for ground-related housing at an affordable price.

Stacked towns are becoming very popular across the GTA. When one unit is stacked on top of another, residents have the advantage of a two-storey house-style layout with the added convenience of a condo.

The lower unit typically has a patio or terrace, while the upper unit usually boasts a balcony or rooftop terrace.

Back-to-back towns are different than regular row housing, as the backs of each home touches the back of the house behind it.

Both types of townhomes help increase choice for consumers, whether they are families looking for space to grow, empty nesters who want a more relaxed lifestyle, or firsttime buyers looking for an alternative to a condo unit.

These innovative, new townhome developments are taking shape across 12 YPNEXTHOME.CA

the GTA in communities where a decade ago, most all of the new development was detached homes. In places such as Stouffville, townhouses now account for a significant proportion of the housing that is under development. For instance, BILD member Geranium Corp. offers a number of different townhome options in its Cardinal Point masterplanned community. Prices for these units started in the mid-$400,000s.

While back-to-back row housing is common in England, the concept is relatively new to the GTA. With some innovative rethinking of the Victoria-era housing form, several BILD members have brought backto-back and stacked townhomes to the market with great success.

Menkes’ Dwell City Towns in Etobicoke, for example, offered back-to-back units of 1,000 to more than 1,600 sq. ft. with starting

prices from $300,000. The 196 open-concept units – boasting patios and rooftop decks – sold out quickly. At Queen’s Landing in East Gwillimbury, Minto is about to launch the second phase of backto-back townhomes after phase one sold out in three hours.

These are just a few examples of the numerous “gentle density” developments that our industry is building as we try and meet the housing needs of the GTA’s evergrowing population in our highly regulated new home market.

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

APRIL 1 - 15, 2017 | NEW CONDO GUIDE 13

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APRIL 1 - 15, 2017 | NEW CONDO GUIDE 15

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The Urban Townhome Collection / Toronto

We call it Pemberton.

Mills Square / Mississauga

Time and Space / Toronto

YongeParc / Richmond Hill

Indigo Condominiums / Maple

The Urban Townhome Collection / Toronto

Illustrations are artist’s concept. E. & O. E.

Current Communities

Coming Soon

Everything a home should be.

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

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

Learn more at pembertongroup.com

You call it impeccable finishes.

A community with presence.

E ssentially Erin Mills.

There is nothing more essential than creating the feeling of home, and doing so on our own terms. Part of a master-planned condo community in Mississauga, Mills Square will rise to the occasion, crafting a visually-stunning façade.

Steps from vibrant Erin Mills Town Centre and minutes from an array of urban amenities, discover the next name in downtown Erin Mills living.

Condos coming soon to Mississauga from the $300s.

R egister at pembertongroup.com Illustration is artist’s concept. Prices, sizes and specifications are subject to change without notice. E. & O. E.

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

Model suite photo compliments of Pemberton Group | www.PembertonGroup.com

The Urban Townhome Collection, Toronto | The Devonshire Model Home | 2,798 sq. ft. + 449 sq. ft. Terrace

APRIL 2017

Trending

Mismatch between housing supply and demographic demand in Canada THERE’S A QUESTION looming over every homebuyer, seller and real estate watcher in the GTA: what’s behind the housing affordability crunch?

Following an in-depth analysis, the Canadian Home Builders’ Association (CHBA) has identified some key factors behind current housing market conditions. The research report, The Housing Supply Deficit – Not Enough Homes for Families with Young Children, points to a significant and growing mismatch between housing demand and what home builders are able to supply, given planning and zoning patterns and the lack of available serviced land.

The report also comes with a warning: if current trends continue, Canada will see a shortfall of 300,000 family-oriented homes in the next 10 years.

According to CHBA’s data, demographic factors are driving demand for lowrise houses suited to young, first-time home-buying families, as Canada experiences a “baby boomlet.” Simultaneously, aging Baby Boomers and older Canadians are not downsizing from their detached homes in the numbers predicted, opting instead to agein-place. In fact, many Boomers are actually trading up to larger single-family units, creating a morepronounced shortfall of lowrise homes.

“There has been a lot of commentary around what’s driving house prices in markets like the GTA and Vancouver. Much of this overlooks the fundamental factors of supply and demand, and the increasing number of young families trying to achieve home ownership,” says CHBA CEO Kevin Lee. “CHBA’s research shows that current 18 YPNEXTHOME.CA

MORE TRENDING ONLINE ypnexthome.ca/news

patterns of urban development fail to address the needs of young families...

There is a distinct lack of higherdensity, ground-oriented homes they can afford, such as townhomes, stacked towns and similar housing formats. This is the ‘missing middle’ in our largest and fastest-growing communities,” Lee adds.

The effects of the lowrise shortfall are further amplified by supply constraints, including lack of infrastructure and developable land, development restrictions, NIMBYism, and municipal policies favouring highrise development. (Editor’s note: read more about NIMBYism on pg. 44.)

Canada has seen a 27-per-cent drop in the construction of lowrise homes since 2007. The fastest-

growing markets are experiencing a much more dramatic decrease. In the GTA for example, inventory of lowrise homes dropped 89 per cent in the last decade, and sits at historic lows. There is a particular shortage of higher-density, lowrise attached homes offering access to transit, which increasingly represent the “missing middle” of urban housing stock.

“In markets experiencing strong economic growth and in-migration, these supply factors are a big part of what is fueling rapid price appreciation within the groundoriented housing segment. While some observers look for other explanations, and there are indeed other contributors, the ‘law’ of supply and demand remains pervasive,” Lee adds.

“What we are seeing is the Millennial generation really struggle to find a place to live and raise their families in our largest cities, and this has worrying longerterm implications for them, these communities, and the economy at large.

“Although there has been a lot of focus on trying to dampen prices, a big part of the solution is enabling a housing supply response. We’re not talking about ‘sprawl’ here, just about building smarter communities, including infill projects and transitoriented development, that young families find welcoming and manageable with young children.”

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

APRIL 1 - 15, 2017 | NEW CONDO GUIDE 19

Trending

Housing by the numbers

By Sonia Bell

5

As in five per cent – the minimum down payment required to purchase properties under $500,000. With home prices skyrocketing, prospective buyers have a lifeline to get into home ownership. However, a down payment of less than 20 per cent comes at cost. Homebuyers paying the minimum requirement must purchase for mortgage default insurance.

1,001

The new lowrise homes available for sale in builder inventories as of the end of February 2017, according to the Building Industry and Land Development Association and Altus Group data. Compare that to 10 years ago, when there were 17,304 brand new lowrise homes in builders’ inventory.

200,000

The number of people on Canada’s immigration site when it crashed on the night of the US election. This is compared to the 17,000 users at the same time the previous week, according to CBC. Spiked interest in coming to Canada was widely reported after the election. Business Insider reported that the Google search term “How can I move to Canada” increased 1,150 per cent.

825,000

The average price of a Toronto home in 2017, as forecasted by the Toronto Real Estate Board (TREB).The board has predicted another year of double-digit price growth, with the average selling price climbing between 10 and 16 per cent.

$3,500,000

The amount of money private donors pledged to the Don River Valley Park, Toronto’s new 480-acre “super park.” The City is collecting private donations to revitalize this green-space stretching from Evergreen Brick Works in the north to Lake Ontario. The Don River Valley Park will be the second-largest park in the city, following the 5,000-acre High Park.

19,500,000

The cost of the most expensive home for sale in Ontario. Located in OroMedonte and overlooking Kempenfelt Bay, the estate features two 12,500-sq.-ft. homes. When it comes to amenities, the multi-million-dollar estate does not disappoint. It boasts a tennis court, children’s playground, swimming pool and gazebo, glass-enclosed boat house with a deck – and don’t forget the waterfront.

35,151,728

Canada’s population in 2016, up five per cent since 2011, according to Statistics Canada. The 2016 census data revealed that both big cities and small towns continue to experience growth. Ontario is the most densely populated, with more than 13 million residents.

9,100,000,000

The value of the Eglinton Crosstown LRT – the largest transit project in Canada. The line will run along Toronto’s Eglinton Avenue, between Weston Road and Kennedy Station, and will connect to 54 bus routes, three subway stations and GO transit lines. Construction is scheduled for completion by 2021.

The total value of mortgages backed by Canada Mortgage and Housing Corp. as of Sept. 30, 2016, down $9 billion from 2015 and well-below its legislated $600-billion insurance-in-force limit. During the third quarter of 2016, CMHC provided mortgage loan insurance to 127,991 units across Canada, up 26.8 per cent compared to the same period in 2015.

$514,000,000,000 20 YPNEXTHOME.CA

325

life above it all.

High atop North York’s most impressive elevation sits Emerald CondosCity, froma highly the low sought-after master-planned community, moments from major highways and Don Mills subway station. Luxury labels beckon from Fairview Mall, while colourful public art and landscaped walkways guide you to the new Parkway Forest Community Centre. Modern, sustainable, forward-thinking and connected, The Peak at Emerald City is elevated living at North York’s premier address.

$300’s.

Condos from the $300’s.

EMERALDCITYLIFE.CA Rendering is an artist’s impression. Certain design elements are subject to change without notice.

The rendering does not accurately represent the location of the Community Centre, which has been re-positioned for enhanced visibility. The Peak is the first of three buildings planned for the block. Views are not guaranteed.

32560 The Peak-Emerald City_AD_CONDO GUIDE_March_2017.indd 1

Exclusive Listing: Baker Real Estate Incorporated Brokerage.

BROKERS PROTECTED.

21

2017-03-20 4:07 PM

Property Profile | THE PEAK AT EMERALD CITY

The Peak to enhance architectural landscape at Emerald City AT NORTH YORK’S popular Don

Mills Road and Sheppard Avenue intersection, the Emerald City community is growing, and is a remarkable example of masterplanning and architectural cohesiveness. WZMH Architects was called upon from the beginning to create a community design that would offer quality of life above all. The flourishing result is one of Toronto’s most desirable newhome destinations. Six residential condominiums are completed and occupied, or well under construction, in Blocks A and B. The seventh, The Peak at Emerald City, has been launched to usher in Block C. According to Len Abelman, a principal at WZMH, The Peak’s location and design are integral to the master plan.

“Having the opportunity to master plan the entire site enabled us to maximize the lifestyle potential in this truly mixed-use community,” Abelman says. “Emerald City is home to a variety of residences, retail venues, a large park, community centre, playgrounds and amenity areas. To encourage environmental sustainability, the plan is pedestrianand bicycle-friendly, and of course, subway access is close by. Situating most of the parking underground, we left plenty of landscaped space between the residences. We sited and designed all of the buildings carefully to achieve a cohesive, yet visually striking effect.”

He explains that the two southernmost blocks, B and C, flank the new Helen Lu Road as mirror images in massing. The Peak will be a sleek, 33-storey contemporary tower rising from a five-storey podium. “It is designed to have its own identity, yet fit in well as part of the Emerald City family of residences. Throughout, we have used similar elements of 22 YPNEXTHOME.CA

Location

North York Builder

Elad Canada Development

The Peak at Emerald City Home Type

Condominium suites and two-storey, three-bedroom townhome-style units Contact

416.492.0001 emeraldcitylife.ca

colour, texture and materiality to create variations on an overall theme.

In order to scale the podium to street level, we integrated brick into the buildings’ bases. The Peak’s brick will be red, where in the other blocks, the masonry is a buff or grey colour.

What really sets The Peak apart is its composition of vertical and horizontal elements that break up the mass of the building into asymmetrical geometries. At the mechanical penthouse, we took vertical white metal lines and designed them to fold into horizontals.”

Abelman points out that the residences at Emerald City were designed from the outside in, and the inside out. “We adjust the suite mix in the various buildings to meet the

needs of their target markets. For The Peak, we enlarged the average size of units and also designed a lot of onebedroom-flex units among the mix to satisfy demand.”

Abelman and a team of architects at WZMH located and oriented the amenities to take advantage of their surroundings. “The Peak’s eastern face overlooks the park so we laid out many of these common areas along the eastern edge for beautiful views.”

With interior design by Tanner Hill Associates, amenities include a chic lobby offering concierge services, a pet room and party room.

Shared amenities range from an indoor pool, sauna and hot tub, to a family play lounge and landscaped barbecue patio.

Abelman says the suites will be light and airy, with natural light streaming into open-concept layouts. “Living areas are predominantly rectilinear, which makes for practical furniture placement. The joy and challenge of being an architect involve finding that balance between function and aesthetics.”

Situated across from Fairview Mall, the Emerald City community features brightly coloured public art

by Canadian artist Douglas Coupland.

The Parkway Forest Community Centre has a rooftop garden, fullsize gymnasium, YMCA-run daycare, outdoor pool and pavilion, and much more.

Suite configurations will include one-bedroom, one-bedroom-plusden/flex, two-bedroom, and twobedroom-plus-den/flex units ranging from 475 to 928 sq. ft. Prices for these well-appointed suites will start from the high $200’s for sizes from 962 to 1,635 sq. ft. The Peak will also feature four three-bedroom, two-storey townhome-style units from 1,636 to 1,699 sq. ft.

Emerald City is being developed by an Elad Canada subsidiary, which specializes in mid- and highrise condominium development and master-planned communities in Toronto and Montréal. To register for The Peak, call 416.492.0001 or visit emeraldcitylife.ca.

APRIL 1 - 15, 2017 | NEW CONDO GUIDE 23

Sierra

O MEET OUR HER

“From interacting with the volunteers to the uppermost staff at SickKids, our experience has been positive. That has been a tremendous help as a parent.” – Nicola Put a camera in front of eight-year-old Sierra and she will turn on the charm. This charismatic little girl is as playful and active as any other child her age. You’d be surprised to know she’s a current patient at The Hospital for Sick Children (SickKids). Sierra’s illness was detected early at only two days old when she was brought to SickKids to investigate an irregular connection in the bowel. She was sent home, one month later her parents returned to SickKids Emergency with their infant jaundiced and not digesting food properly. Although she was being fed a lot, Sierra had lost weight since being born.

It didn’t take long for doctors to determine the cause of Sierra’s deterioration and she was diagnosed with Cystic Fibrosis (CF). CF is a genetic disease that mainly affects the lungs and digestive system. Fortunately for Sierra, it has predominantly affected the digestive system, which is easier

24 YPNEXTHOME.CA

to manage than the lungs. Since her diagnosis, she has taken enzymes at mealtimes to help with digestion and undergoes daily physiotherapy to prevent her lungs from building up with mucus.

Since Sierra is very active, her parents have become creative with her physio by incorporating it into her daily activities. For example, 10 minutes bouncing on the trampoline might be followed by five minutes of breathing exercises.

This doesn’t hold Sierra back from being active. She does gymnastics, swimming, soccer, art classes and made it to ‘divisionals’ for cross country. Her mom says she can’t sit still.

Sierra’s condition has also encouraged her parents and family members to become involved in fundraising activities to support CF research and SickKids.

As she grows older, Sierra is becoming more actively involved in her own treatment. Her parents feel lucky to have SickKids in their lives to guide them through their ups and downs.

Why SickKids?

1

SickKids is on the frontlines in the battle against Cystic Fibrosis. Since our researchers discovered the gene responsible in 1989, life expectancy for CF patients has doubled. We may have dealt a serious blow, but we won’t stop fighting until CF lives on only in history books.

2

SickKids pioneers new possibilities for treatments and cures. 2,000 research staff make advances every day that bring new hope to children and theirfamilies.

3

SickKids is Canada’s leading centre dedicated to improving children’s health and home to Canada’s largest, hospital-based child health research institute.

Builders Helping to Heal

Yellow Pages NextHome, the publisher of New Home Guide, New Home & Condo Guide and New Condo Guide, is teaming up with builders and their suppliers to help raise money for SickKids. The following companies have contributed generously to help give children the world-class care they deserve. These pages honour these special people, and we thank them for their generous support.

Builders Helping to Heal and Friends of the Industry are Yellow Pages NextHome initiatives stemming from SickKids

Leaders, a program at SickKids which draws on the support of more than 150 volunteers over 30 industry sectors.

Again, we thank our generous sponsors and appreciate their ongoing commitment. These companies not only build housing, but they support the families in the communities in which they build.

Readers looking to support SickKids can go to www.sickkidsleaders.com

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APRIL 1 - 15, 2017 | NEW CONDO GUIDE 25

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Advice | FUNDAMENTALLY SPEAKING

It’s a different kind of spring this year

By Wayne Karl

MORE ADVICE ONLINE ypnexthome.ca/news/advice

SPRING HAS SPRUNG, and while it’s

normally an occasion to celebrate, with days growing longer, weather getting warmer and real estate heading into busy season, everything feels a little different this year.

Canada’s real estate markets are dealing with a myriad of issues. In Ontario, it’s an acute supply shortage, skyrocketing prices and a resulting affordability crisis.

In BC, a compositional shift toward softer sales and slowing price growth.

In Alberta, it’s all about recovery, as the province and housing sectors claw their way out of two or three years of economic quagmire.

Other provinces are dealing with their own economic- and marketspecific challenges and opportunities.

Against this backdrop, add the delicate and often confusing issue of policy. In Ontario, for example, the provincial government is facing hard lobbying from multiple sources – chief among them the Ontario Home Builders’ Association, Ontario Real Estate Association, and the Building Industry and Land Development Association – to, in short, make more land available on which to build lowrise homes. And to speed up the approvals process.

The Canadian Home Builders’ Association (CHBA) is also growing more vocal. It recently released an in-depth analysis of key factors underlying housing market conditions. The Housing Supply Deficit – Not Enough Homes for Families with Young Children, points to a significant and growing 28 YPNEXTHOME.CA

mismatch between housing demand and what the residential construction industry is able to supply, given planning and zoning patterns and lack of available serviced land. The report notes that if current trends continue, Canada will see a shortfall of 300,000 family-oriented homes over the next decade.

“There has been a lot of commentary around what’s driving house prices in markets like Vancouver and the GTA,” says CHBA CEO Kevin Lee. “Much of this overlooks the fundamental factors of supply and demand, and the increasing number of young families trying to achieve homeownership.”

In Toronto, having seen how effective a foreign buyers’ tax in Vancouver was to cooling a potentially overheating market there, the City is considering taking similar action. Something… anything might be better than to let double-digit price growth continue unchecked, proponents say.

But, critics argue, slapping a tax on foreign purchases is short-sighted and will do nothing to facilitate a long-term solution to increase the supply of new homes.

If all of this wasn’t complex enough, add the prospect of the National Housing Strategy. Due out at some

point this year, this federal initiative will attempt to address the varied and challenging issues, involving differing provincial and regional economies, housing markets and conditions, from affordable housing to rental markets to homeownership.

Until then, we were looking to the 2017 federal budget, tabled on March 22 to see what, if anything, Ottawa would include to begin tackling some of these challenges.

Budget 2017, while making housing a priority by proposing to invest more than $11.2 billion over 11 years in a variety of initiatives, still comes up short on addressing affordability for first-time buyers.

“The housing-related allocations in this budget are principally for affordable/social housing, so the key challenge of affordability for market-rate housing, and especially for first-time homebuyers, remains an issue,” Lee told New Condo Guide.

Wayne Karl is an award-winning writer and editor with experience in real estate and business. In Fundamentally Speaking, Wayne explores the basics – such as economic fundamentals – you need to examine when buying property. He can be reached at wayne.karl@ypnexthome.ca or follow him on Twitter at Twitter.com/ WayneKarl

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

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APRIL 1 - 15, 2017 | NEW CONDO GUIDE 29

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30 YPNEXTHOME.CA

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SPRING IS FINALLY HERE! Wth the new season comes fresh inspiration for home décor. Toronto’s Design District, located along King Street East between Church and River streets, has emerged as one of the city’s top locations for design stores (they don’t call it the Design District for nothing!). Esteemed brands such as Roche Bobois, Montauk Sofa and Calligaris have all set up shop in the area.

Along with the new condos that are also starting to take shape here, it’s no wonder why the Design District is one of the hottest ‘hoods in town!

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A

Advice | CONDO PRO

Condo size matters, as long as it’s right for you!

By Barbara Lawlor

MORE ADVICE ONLINE ypnexthome.ca/news/advice

WHEN SHOPPING for a new home or condominium suite, location, location, location factors first in most people’s must-have lists. Price and size typically come next in order of importance. Nowadays, with prices the way they are across the Greater Toronto Area, it is leading more buyers of all ages to condos for affordability. For years, emptynesters moving from a large home to a condo suite referred to this step as “downsizing,” and purchasers opting for larger square footage called it “upsizing.” A few years ago, I coined the new term “right-sizing” to more accurately reflect the concept of buying the right new home for you, whatever its size.

As people age and life circumstances change, so do their housing needs. Later in life, we simply do not need as much square footage in a home, and moving to a condominium brings with it a multitude of benefits that make square footage less critical.

Rightsizing can mean going down in square footage and moving up in luxury, comfort and leisure time.

First-time buyers want as much space as they can afford, and even the most compact of suites today feature efficient layouts that “live” larger than their square footage may suggest.

These newcomers to the marketplace want the benefits that come along with owning and building equity over the years. For them, buying while mortgage interest rates are still low 32 YPNEXTHOME.CA

is critical – especially because the prices of new lowrise homes are out of their financial reach. Condos are the more affordable choice.

Urban professional couples, families and others looking for a larger home base may rightsize to a suite with additional bedrooms, or even a penthouse. Consider modern condominiums’ security measures and proximity to local amenities, and the appeal is strong for families. Once children are grown, their parents may move to a smaller suite that is even more luxurious. It’s all about rightsizing.

The great news is that our forwardthinking developers are designing for all of the above. They are being innovative when it comes to suite design and maximizing every square foot. I have often heard from emptynesters who have moved into a condo suite, only to realize how much wasted space their lowrise homes had. Think hallways, landings and stairs. Some have even told me that despite a lower square footage

number, their suites have more usable space.

Of course, a major benefit of living in a condominium is access to common amenity areas that in essence, augment your private living area. A fitness centre and pool eliminate the need for exercise equipment in your suite. With gorgeous party rooms and lounges in the building, you can entertain a crowd without worry of how they will fit into your private home. Wedding and baby showers, Thanksgiving or holiday feasts, anniversary celebrations can all be held under your own roof. And remember – over the years, someone else will clean, maintain and repair these amenity areas for you.

Let’s face it – leaving behind maintenance is a main attraction to the condominium lifestyle. Condo maintenance fees are well worth it when you consider the fact that landscaping, outdoor window cleaning, and the maintenance and repair of everything from hallways to swimming pools, is taken care of by professionals. Condo living also means being able to lock your door and leave for holidays without worrying about exterior property upkeep and security while you’re away.

As life goes on, things change, needs change and we adjust our circumstances accordingly.

Whatever the size of the new home or condominium suite you choose, make sure it’s the right size for you!

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

Keep current with The Baker Blog at blog.bakerrealestate.com

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

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

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Advice | STAT CHAT

The suburban condo market is hot again

By Ben Myers

MORE ADVICE ONLINE ypnexthome.ca/news/advice

DURING THE PREVIOUS PEAK in the Greater Toronto Area's new condominium market in 2011, there was a noticeable spike in the level of sales in suburban municipalities.

With record units under construction and sky-high prices, suburban buyers and investors took a breather in late 2012 and 2013. At Fortress, we turned down opportunities to buy highrise sites in Mississauga, Vaughan, Richmond Hill and Pickering during that time, as we questioned the level of future highrise demand in the suburbs. In retrospect, that was not a wise decision.

According to condominium market research firm Urbanation, new condominium apartment sales in the 905 region increased 82 per cent in 2016 and their market share of total GTA transactions jumped from 24 per cent in 2015 to 32 per cent in 2016.

The number of units in new condo developments launched in 2016 increased by 57 per cent annually.

Despite the massive influx of new units, unsold supply actually dropped 39 per cent!

With those eye-opening numbers, builders and developers are no longer ignoring high-density opportunities in the 905. For my latest Market Manuscript, a 70-page report on the state of the Canadian housing market, I asked builders and developers across Canada where they see the future of their business (two responses were allowed for this question). Suburban

or urban lowrise infill and urban highrise condominium were the top two choices at 43 per cent apiece, but suburban highrise condominium was chosen by 31 per cent of respondents.

I don’t know how many times I had a conversation with a fellow developer in the past, and they swore they were urban developers only.

Some even snubbed their noses at North York. Many of those same developers have been announcing new development projects in Vaughan and Mississauga. Look for larger and more architecturally stunning projects to grace the skies of the suburbs over the next five years.

Downtown developers are bringing their designs and mega-projects to the suburbs, but they are also brining their unit sizes. In July of 2015, I surveyed developers for a previous Market Manuscript report, and I asked them to identify their most popular suburban condominium unit size. When averaging the range of responses, 884 sq. ft. was recognized as the most popular size. I asked the same question in January of this year

and the average response declined by 7.5 per cent, to 818 sq. ft.

If you were thinking about purchasing a large new suburban condo, you better move quickly, as unit sizes are shrinking and developers are catering to investors that intend to rent suites out in the increasingly tight rental market. The most popular downtown apartment is just 657 sq. ft., and that may certainly be the future of suburban highrise. I won’t make the mistake of doubting the suburban condo market again!

To download the Spring 2017 Market Manuscript report, go to the news section at fortressrealdevelopments.com and read about all of the survey questions we posed to developers and the general public.

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.

APRIL 1 - 15, 2017 | NEW CONDO GUIDE 33

OHBA Report

The quest for energy-efficient housing continues

By Joe Vaccaro

MORE ADVICE ONLINE ypnexthome.ca/news/advice

YOU MIGHT BE surprised to know how much housing in Ontario and Canada has evolved over the past 70 years. For example, did you know that in the early 1940s, 44 per cent of homes had no indoor flush toilets and 93 per cent of homes were heated by coal, coke or wood fuel?

While the Ontario government moves forward with its Climate Change Action Plan (CCAP) announced in 2016, the Ontario Home Builders’ Association (OHBA) and its members have been initiating and supporting programs designed to build and renovate more energyefficient homes for almost 20 years.

In 1998, OHBA and the Canadian Energy Efficiency Alliance partnered to form EnerQuality, whose mission is to accelerate housing innovation and improve building performance in Ontario. EnerQuality offers certification through these programs:

» Energy Star for New Homes: Homes that receive this label are about 20 per cent more energy efficient than those built to the minimum Ontario Building Code standards, and reduce greenhouse gas emissions by two to three tonnes a year per house. In 2014, 32 per cent of all homes built in Ontario were Energy Star-qualified. » GreenHouse Certification certifies homes that meet highperformance standards in water 34 YPNEXTHOME.CA

efficiency, indoor air quality and resource management. » R-2000 certified homes offer both energy efficiency and Green building features that exceed energy-efficiency building code requirements by 50 per cent. Only licensed R-2000 builders who have been trained and certified can build R-2000 homes. » Net Zero/Net Zero Ready Homes: These homes are designed, modelled and constructed to produce as much energy as they consume on an annual basis.

You may also come across the term, LEED (Leadership in Energy and Environmental Design). This voluntary rating system evaluates environmental performance from a whole-building perspective over a building’s life cycle. As of 2015, LEED buildings have eliminated 1,261,016 CO2e tonnes of GHG emissions annually, diverted more than 1.5 million tonnes of waste from landfill, and have saved 12.8 billion litres of water per year.

And when you’re ready to resell

your home or condo, there are also ways to fast-track home energy retrofits, which command a higher resale price.

The OHBA supports the Ontario Ministry of Energy’s Home Energy Rating and Disclosure (HER&D) program, which would require Ontario homeowners to get an energy performance rating for their existing homes, and disclose that rating to prospective buyers. This would ensure homebuyers are fully informed about the energy use in a home before they buy.

The province has also recently committed $100 million to help finance energy retrofits, including upgrading furnaces, water heaters and insulation, assisting homeowners in completing Green upgrades.

In addition, the OHBA has recommended the provincial government implement a targeted Energy Efficiency Home Renovation Tax Credit in its upcoming budget that would encourage consumers to use legitimate contractors when making energy efficient upgrades to their homes.

The quest for energy-efficient housing continues, and Ontario builders and renovators are up for the challenge. Much of the innovation and efficiency in homes has been pioneered by new home builders and we will continue to look for ways to reduce our dependency and consumption of energy in new homes.

Joe Vaccaro is CEO of the Ontario Home Builders’ Association, the voice of the residential construction industry in Ontario representing 4,000 member companies organized into 31 local associations across the province.

The industry contributes more than $42 billion to Ontario’s economy, employing more than 325,000 people across the province.

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APRIL 1 - 15, 2017 | NEW CONDO GUIDE 35

Property Profile | NOBU RESIDENCES

36 YPNEXTHOME.CA

Nobu Residences, Restaurant and hotel destined for Toronto “You can tell how much fun a city is going to be if Nobu is in it” – Madonna MADISON GROUP AND NOBU HOSPITALITY will be launching Nobu

Toronto, a dynamic project featuring the first Nobu-branded highrise residences, to be developed and sold by Madison Group, and Canada’s first Nobu Hotel and Nobu Restaurant. This transformative development will anchor a re-envisioned Mercer Street in the heart of Toronto’s popular Entertainment District.

The architecture and interior design for Nobu Residences Toronto, envisioned by acclaimed, Toronto-based Teeple Architects and interior design firm Studio Munge, will celebrate thoughtful living and superior craftsmanship. Nobu Residences Toronto will be dedicated to distinguished luxury, incorporating historical facades from the Pilkington Glass Factory, maintaining the integrity of iconic elements while fusing striking architectural details in a contemporary aesthetic.

The fashionable lifestyle residences will feature 700 condominium suites in two dramatic 49-storey towers and a podium complete with state-of-the-art indoor and outdoor amenities including groundfloor commercial retail, flexible private social function and meeting space, a state-of-the-art fitness centre and ‘Zen Garden’ outdoor terrace.

Nobu is one of the world’s most-celebrated luxury hospitality brands, renowned for its award-winning “new style” Japanese fusion cuisine and exceptional hotel offerings in the world’s most desirable locales. Founded by Chef Nobu Matsuhisa, Academy Award-winner Robert De Niro and Hollywood producer Meir Teper, the growing Nobu Hospitality portfolio caters to vibrant international customers, celebrities, taste-makers and power-brokers.

Nobu Hotel Toronto will offer the ultimate in hotel luxury. An exclusive collection of luxurious guest suites will rise atop the west tower, with stunning panoramic views, offering unparalleled accommodations and service.

Sitting as a cornerstone of the Nobu Hotel, Nobu Restaurant Toronto will feature an approximately 15,000-sq.-ft., two-level restaurant which will include a signature bar lounge, outdoor seating and chic private dining rooms.

“For many years, we have searched for the perfect opportunity within Toronto to create a true luxury lifestyle destination befitting the acclaimed global city of Toronto and our international brand.

We are truly excited to announce Nobu Residences, Hotel and Restaurant Toronto, which we are crafting to be a game changer in residential living in Toronto and beyond,” says Trevor Horwell, CEO of Nobu Hospitality. “Our partners at Madison Group have an extraordinary vision for the first Nobu Residences, and share

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our passion to build truly special integrated residences, hotel and restaurant destination.”

“I cannot think of a singular place that has a more unique and impassioned sensibility than Nobu,” says Josh Zagdanski, vice-president of highrise, Madison Group. “You see it in every nuance of its operation – from bespoke hotel suites to tranquil residences and dining experiences that make you say, ‘I could live here.’

“We couldn’t be prouder to be working with the team at Nobu Hospitality to give residents and visitors the chance to live with that feeling in Toronto.”

Pre-construction sales of Nobu Residences Toronto will commence in summer 2017. Those interested in learning more about Nobu Residences Toronto are encouraged to register at NobuResidences.ca APRIL 1 - 15, 2017 | NEW CONDO GUIDE 37

Trending

Housing a priority in Budget 2017 but still falls short

By Wayne Karl

BUDGET 2017 makes housing a priority, proposing to spend more than $11 billion over 11 years in a variety of initiatives, but so far fails to address key market-related issues – again.

“The housing-related allocations in this budget are principally for affordable and social housing, so the key challenge of affordability for market-rate housing, and especially for first-time homebuyers, remains an issue,” Kevin Lee, CEO of the Canadian Home Builders’ Association (CHBA), told YP NextHome.

To help address immediate housing needs, Budget 2016 committed to invest $2.2 billion over two years, to give more Canadians access to more affordable housing. To supplement these investments, Budget 2016 also provided funding for low-cost loans and new financing tools to encourage municipalities, housing developers and non-profit housing providers to develop more affordable rental housing units.

To build on these efforts, Budget 2017 proposes to invest more than $11.2 billion over 11 years in a variety of initiatives designed to build, renew and repair Canada’s stock of affordable housing, and help ensure that Canadians have affordable housing that meets their needs.

These investments will be made as part of a new National Housing Strategy. To be released later this year, the Strategy was developed following extensive consultation with and input from provinces, territories, municipalities, Indigenous Peoples, industry experts, stakeholders and Canadians who are living with the challenge of finding adequate and affordable housing in many of Canada’s big cities, and rural and remote communities.

38 YPNEXTHOME.CA

MORE TRENDING ONLINE ypnexthome.ca/news

Key elements of the Strategy will include:

A renewed federal-provincialterritorial partnership in housing

» a renewed partnership between the government, and provinces and territories to better support key housing priorities » a new $5-billion National Housing Fund to address critical housing issues and better support vulnerable citizens » targeted support for northern housing » targeted housing support for Indigenous Peoples not living onreserve » renewed and expanded federal investments to combat and prevent homelessness » making more federal lands available for the development of affordable housing » expanded funding to strengthen Canada Mortgage and Housing Corp.’s housing research activities.

Budget 2017 proposes to provide $3.2 billion over the next 11 years to provinces and territories to support key priorities for affordable housing.

These priorities may include the construction of new affordable housing units; the renovation and repair of existing housing; rent subsidies and other measures to make housing more affordable; and other initiatives to support safe, independent living for Canada’s seniors, persons with disabilities and other individuals requiring accessibility modifications.

This investment will be provided through a new, expanded, multilateral investment framework that will replace the existing Investment in Affordable Housing initiative, which is set to expire at the end of 2018-19.

Despite that affordability for market-rate housing wasn’t addressed in Budget 2017, there has been a gross lack of data in Canada on key aspects of the housing market, Lee says.

New National Housing Fund Budget 2017 proposes to establish a National Housing Fund to address critical housing issues and prioritize support for vulnerable citizens, including: seniors; Indigenous Peoples; survivors fleeing situations of domestic violence; persons with disabilities; those dealing with mental health and addiction issues; and veterans.

Administered through CMHC, the Fund will receive an investment of $5 billion over the next 11 years.

The National Housing Fund is intended to: » Encourage greater collaboration and investment in housing: To pool resources among many housing partners, including governments, the private sector and community organizations, to prioritize largescale community renewal projects. » Expand direct lending for new rental housing supply and renewal: Provide municipalities and other housing partners with sustained and improved access to low-cost

loans for the repair and renewal of housing units, as well as for the construction of new affordable housing, through the Affordable Rental Housing Financing Initiative.

This will leverage billions of dollars available for investment in affordable housing, and help improve the quality and condition of affordable housing across Canada. » Support for innovations in affordable housing: CMHC will make up-front capital contributions available to affordable housing providers. This will encourage innovative approaches to housing development, such as energy efficiency retrofits to lower utility costs, and accessibility modifications to expand the range of housing options available to Canadians living with disabilities. » Preserve the affordability of social housing: CMHC will provide temporary funding to social housing providers as they transition to more sustainable operating models. » Support a strong and sustainable

social housing sector: CMHC will also establish a Sector Transformation Fund and Technical Resource Centre to provide technical assistance, tools and resources to help social housing providers transition to more efficient and financially sustainable operating models.

Further details about the National Housing Fund will be announced as part of the launch of the National Housing Strategy, coming later this year.

“As expected, this budget allocates social infrastructure money to priorities that the government has identified to help those in housing need, but it also wisely holds some back for the complete National Housing Strategy later this year,” says Lee. “This will allow for more innovative solutions, which are needed to make public dollars go the furthest, for the most people, in the most effective ways.”

Given the challenges facing firsttime homebuyers, more mechanisms to support well-qualified buyers are still needed, to ensure young families are not locked out of homeownership. “CHBA will continue to make recommendations through the National Housing Strategy process, and other initiatives, that can get to the root problems of housing affordability and fix them,” says Lee. Examples would include addressing housing supply issues, and curbing the excessive regulation and red-tape that keep family-oriented housing from being developed at sufficient pace, in sufficient numbers, at a price people can afford.

Despite that affordability for marketrate housing wasn’t addressed in Budget 2017, there has been a gross lack of data in Canada on key aspects of the housing market, Lee says. “More data-gathering and analysis that can support sound policy decision-making to best address affordability challenges are welcomed by CHBA, and were a specific recommendation from our association.”

APRIL 1 - 15, 2017 | NEW CONDO GUIDE 39

Trending

GTA to lead in luxury home sales across Canada

THE GREATER TORONTO AREA is expected to lead in sales of Canada’s luxury home market, with sales volume, velocity and pricing of the $4-million segment projected to surpass previous years’ recordbreaking performance, according to Sotheby’s International Realty Canada. Vancouver’s $1 million-plus real estate market is anticipated to normalize in the coming months, while cautious optimism returns in Calgary. Montreal’s market for real estate over $1 million is expected to continue its course of modest, healthy growth.

Data from Sotheby’s International Realty Canada predicts the GTA will see the greatest year-over-year gains in sales over $1 million, including condominiums, attached and single-family homes. In January and February 2017, the GTA continued its record-setting sales streak, posting the strongest year-over-year gains of Canada’s four major metropolitan markets. Home sales over $1 million increased 87 per cent to 3,043 properties sold, while sales over $4 million increased 144 per cent to 66 units sold year-over-year.

40 YPNEXTHOME.CA

MORE TRENDING ONLINE ypnexthome.ca/news

Canada’s luxury real estate market continues to face unprecedented uncertainty this spring, influenced by government policy, shifting signals on potential new regulation, and geo-political headwinds on a continental and global scale. In spite of these macro-influencers, local market factors such as inventory levels, regional economies and employment, consumer confidence and hyper-local demand will continue to be the main influencers of top-tier market performance in spring 2017.

“The Toronto real estate market has pulled into a league of its own, and we expect to see all-star performances across every luxury segment – singlefamily and attached homes, as well as unprecedented performance in the luxury condominium market,” says Brad Henderson, president and CEO of Sotheby’s International Realty Canada. “At the same time, rising Canadian consumer optimism will add positive colour to the markets in Vancouver, Calgary and Montreal in the coming months.”

High performance is anticipated for high-end highrises this spring. Shifts in demographics, strong consumer and investor confidence, and comparative affordability compared to single-family home prices has propelled condo demand, resulting in bidding wars and robust sales. Across the GTA, early 2017 condo sales volume over $1 million exceeded 2016 levels by 104 per cent, with 167 units sold.

The $1 million-plus market for single-family homes is projected to sustain heated growth. The first two months of 2017 saw 86-per-cent year-over-year gains in sales volume in the GTA, to 2,876 units. The $4 million-plus luxury home segment is expected to surpass previous gains: in the first two months of 2017, sales volume rose 158 per cent year-over-year to 62 units sold in the GTA.

WB_CondoGuide_BLD_Ad_fnl.pdf

1

2017-02-09

4:33 PM

At Queen & Coxwell

The New Wave In Urban Living.

Welcome to the west end of The Beach where life moves at a more leisurely pace, and clear waters of Lake Ontario are just steps away. Here, find WestBeach Condominiums: a sleek, terraced residence with spacious suites, indulgent amenities and a distinct urban vibe. Stroll to buzzing boutiques and eateries; drive or TTC to downtown in minutes.

Live close to everything, yet feel a world away.

REGISTER NOW

WestBeachCondos.ca

APRIL 1 - 15, 2017 | NEW CONDO GUIDE 41 Illustrations are artist’s concept. Prices and specifications are subject to change without notice. ©2017 MARLIN SPRING. Exclusive Agent, Milborne Real Estate Inc., Brokerage, Brokers Protected.

Property Profile | WESTBEACH CONDOMINIUMS

WestBeach architecture celebrates the street The Beach’s newest addition blends in to stand out!

PLAYFUL, ECLECTIC, uniquely urban

with a village vibe — The Beach is one of Toronto’s most treasured neighbourhoods. Its proximity to downtown makes for a quick commute, while its lake-side location and abundance of cool and quirky dining and recreation options gives it a resort-town feel.

In developing WestBeach Condominiums at Queen and Coxwell, developer Marlin Spring engaged some of the best architects in the city. WestBeach embodies everything that makes The Beach wondrous while offering residents a singular style of its own. Graziani + Corazza Architects bring a visionary 42 YPNEXTHOME.CA

talent for combining modern and memorable, established and eclectic, natural and metropolitan, to every project they design.

“This site has been referred to as the Western Gateway to The Beach, and yet it was underutilized,” says founding partner Enzo Corazza.

The firm enthusiastically embraced the challenge of giving this new midrise project a distinctive presence that would also complement its surroundings.

The key to successfully enhancing the streetscape with a brand new development is proportion. For example, new additions shouldn’t tower over an established

Location

The Beach, Toronto Builder

Marlin Spring Development

WestBeach Condominiums Home Type

Condominium suites Contact

WestBeachCondos.ca

neighbourhood of low- and midrise residences. Exterior materials and details that create visual mass should be cleverly used to complement the looks that surround it. In planning the striking exterior, Graziani + Corazza Architects took cues from the surrounding neighbourhood and meticulously chose materials that highlight both the individual style of WestBeach and its environment.

“There is an existing rhythm of the neighbourhood that establishes scale, and we accentuated this with strong vertical and horizontal elements that reflect that,” Corazza says. “We contrasted traditional brick with contemporary larger panels to tie in the existing architecture with what’s up-and-coming.” This classicmeets-contemporary style breaks up the building’s mass and stays true to the low- and midrise architecture that helps makes The Beach neighbourhood feel so welcoming to pedestrians, cyclists and all those enjoying an aspirational urban life lived at ground level.

“The pedestrian realm is important,” he adds. “This corner lacked a pedestrian presence that evoked the cadence of the area.” Building elements cantilever out over the large sidewalks on the ground floor to evoke a boardwalk atmosphere, especially fitting since The Beach’s famous boardwalk is such an iconic part of its charm. Carefully considered retailers will offer residents convenience while adding to the vibrancy of the area.

WestBeach celebrates an indoor/ outdoor lifestyle with glass-faced balconies, terraces and sunrooms that offer great views of the lake and surrounding neighbourhood, and welcome in every available drop of sunshine. Open-concept suite layouts offer inherently livable spaces with a wealth of possibilities for families, telecommuters, roommates and couples.

Condominium residents look to thoughtful amenities to expand their living spaces indoors and out.

WestBeach delivers with beautiful

spaces for entertaining: a gorgeous rooftop terrace complete with fire pit, barbecue and dining alcove outside, and a party lounge overlooking Queen Street, complete with catering kitchen. A gym and a pet wash round out the wellnessfocused features, for both you and your furry best friend.

Lush parks, hip restaurants, lively pubs, artisan shops, cinemas and a brand new concert venue are your neighbours at WestBeach — and all just a few minutes’ walk from the famously bustling boardwalk, and of course, the sand and beach itself. It’s no wonder Torontonians are crazy about The Beach!

Leading developer Marlin Spring brings an exclusive collection of just 89 suites in one-bedroom, one-plus-den, two-bedroom and two-plus-den layouts starting in the $300’s at WestBeach, where the best of urban amenities meet breezy, beachy living. Register today at WestBeachCondos.ca.

APRIL 1 - 15, 2017 | NEW CONDO GUIDE 43

Trending

Building industry chimes in on NIMBYism and new development

By Lydia McNutt

IN A CITY LIKE TORONTO, where land is in high demand and the population is growing by leaps and bounds, it’s not surprising that a tug of war is taking place between residents of the city’s established neighbourhoods, and developers who are building in them.

The NIMBYists – proponents of the “not in my back yard” argument – aren’t denying that new housing, services and retail are needed to accommodate Toronto’s growing population, which swells by about 100,000 every year. But in a dense city like The Six, it’s safe to say that every neighbourhood is someone’s back yard. So, if not in your back yard, then who’s?

We chatted with the local development industry on the good, the bad and the ugly side of NIMBYism.

YP NextHome: What’s the biggest problem with NIMBYism?

Michoel Klugmann, vice-president of Linvdest: The “M” in NIMBY! People often would objectively support a reasoned and responsible development application if it were anywhere on Earth, other than their backyard. Almost every argument against intensification begins with the statement, “I personally favour growth, but not in this case…” People are uncomfortable saying they are against intensification or even a particular development project, because on the whole, who wants to impede progress? They are just opposed to it happening near them.

If we could all mange to look at the whole GTA as our back yard, then the conversation would be more productive and fair.

44 YPNEXTHOME.CA

Zev Mandelbaum, COO of Marlin Spring: The problem with a NIMBY mentality is that it reflects a small mind. It constricts the growth of our communities and our cities. For cities to flourish, both economically and aesthetically, redevelopment is a necessity. More often than not, development brings prosperity into communities. It increases real estate prices and allows local businesses to flourish.

Michelle Noble, vice-president of Communications, Marketing and Media Relations at the Building Industry and Land Development Association: The greater public good pays the price for local or individual interests. Most people don’t like change and it is easy to say “no” and to oppose any and all change.

However, there are many positives that come with development that everyone can benefit from. It is important that we do a better job of communicating the benefits of development to people in existing communities.

YP NextHome: Why are some Torontonians so “anti-intensification”?

Michoel Klugmann: People are comfortable with what they know and

“Cities that don’t adapt pay the price.

We need varied forms of housing and more of it. Suppressed supply is the single biggest factor that is causing prices to increase in our city.”

MORE TRENDING ONLINE ypnexthome.ca/news

cent of all development happen within existing communities. Many communities across the GTA are changing. They are intensifying as more development happens within them, as the region grows up and not out.

There is a disconnect between public policy and public perception.

Many people are not aware of or don’t understand intensification policy. Also, many people in existing communities like their neighbourhoods the way they are and they don’t want change.

YP NextHome: What are the implications if the NIMBYists win?

Michoel Klugmann: Cities that don’t adapt pay the price. We need varied forms of housing and more of it. Suppressed supply is the single biggest factor that is causing prices to increase in our city. GTA is a great place to be and it has the right spirit to address growth issues. Let’s come together to make it even better.

are used to. Intensification necessarily brings change and change can be discomforting. We live in a rapidly changing technologically advanced world with amazing growth spurts that affect even the most basic of human functions. For example, the ways we gather information, congregate, communicate, travel, reside, play and work are monumentally different from what they were just a decade ago. The way our cities function and grow must adapt to suit. We should welcome change. When we do so it allows us to shape the future and our communities.

Zev Mandelbaum: The concept of intensification carries a scary connotation, as for many it implies that change is on the horizon. Change can be scary. The fear that increased traffic, congested retail, the infringement of privacy from shadowing, and disturbances from loading will ruin the quality of life and the value of their real estate.

Michelle Noble: Not-in-my-backyard sentiments are not new, but today they are more prevalent, because Toronto and the rest of the GTA are intensifying due to the provincial government’s growth policy which mandates that 40 per

Zev Mandelbaum: Generally speaking the implications when a developer loses to the NIMBY associations, there is often much compromise that leads to less aesthetically pleasing building and degrades the quality of the neighborhood opposed to improving it.

Michelle Noble: When the NIMBYists win, everyone loses. It is problematic for all of us, especially new home buyers and people looking for housing. We already have a housing supply shortage in the GTA, and our population continues to grow because we are a fast growing region. We need development so people have places to live and work.

APRIL 1 - 15, 2017 | NEW CONDO GUIDE 45

Trending

Scarcity of single-family lowrise homes “almost inconceivable”: BILD THE COLD MONTH OF FEBRUARY

was anything but on the GTA condo market, which saw record-setting sales as lowrise inventory dropped to unprecedented levels.

The Building Industry and Land Development Association (BILD) reports that there were only 1,001 new lowrise homes available for sale in builder inventories as of the end of February, according to Altus Group data. Ten years ago, there were 17,304 brand new lowrise homes in builders’ inventory, which includes 46 YPNEXTHOME.CA

single-detached homes, semis and townhomes.

“February data demonstrates, quite clearly, that our housing supply crisis in the GTA is getting worse,” says Bryan Tuckey, president and CEO of BILD. “Our members are building to current provincial intensification policy and we are building less lowrise single-family housing and more high- and mid-rise housing, but consumer demand for lowrise homes has not dropped.

“Today in the GTA, we have a

“ Today in the GTA, we have a scarcity of singlefamily groundrelated housing that is not just unprecedented – it is almost inconceivable”

February new-home sales by region: FEBRUARY ’17

HIGH RISE

LOW RISE

TOTAL

Region

2017

2016

2015

2017

2016

2015

2017

2016

2017

Durham

105

39

23

310

425

200

415

491

223

Halton

107

48

136

536

398

185

643

446

321

Peel

370

92

53

191

486

469

561

578

522

Toronto

1661

1039

1112

41

41

55

1702

1080

1167

York

1299

765

193

463

507

555

1762

1272

748

GTA

3542

1983

1517

1541

1884

1464

5083

3867

3447

SOURCE: ALTUS GROUP

scarcity of single-family groundrelated housing that is not just unprecedented – it is almost inconceivable,” says Tuckey. “As a result, we are seeing record-breaking condo sales and continued price growth.”

At the end of February, there were only 324 new detached homes available for purchase in builder inventories. In February 2007, that number was 12,064.

February was also a recordbreaking month when it came to new-home prices, with new detached homes hitting a high of $1,469,449 on average. Across the full lowrise spectrum, which also includes semi-detached and townhomes, the average price hit a new high of $1,081,013.

According to Patricia Arsenault, Altus Group’s executive vicepresident of Research Consulting Services, the low inventory of available single-family product is a key factor driving price increases and it is limiting choices for consumers.

“If I were shopping for a singlefamily home 10 years ago, I would have been able to choose from among 500 different sites and nearly 18,000 units,” she says. “Today, there

MORE TRENDING ONLINE ypnexthome.ca/news

are less than 100 projects with any available units to purchase, totalling only about 1,000 units. And I would have to act very quickly to get one of those.”

In the GTA in February, there were more than twice as many new condo apartments sold than lowrise units. Altus Group recorded 3,542 sales of condo apartments in stacked townhouses, midrise and highrise buildings, versus 1,541 sales of lowrise detached, semi-detached and townhomes.

Condo apartment sales in February were up 79 per cent over the same period last year and more than double the 10-year average. The month’s condo apartment sales were driven by continued strong sales in Toronto (1,661 units) and a significant increase in 905 sales, which included 105 unit sales in Durham, 107 in Halton, 370 in Peel and 1,299 in York.

Average prices for available new condo apartments in the GTA

also set records in February. The average price of new condominium apartments in stacked townhouses, midrise and highrise buildings was $523,086, up from $507,511 in January. The average price per sq. ft. reached an unprecedented $652, and the average unit size dropped to 802 sq. ft.

The inventory level for condo apartments continued to drop in February, and reached a new low of 10,342 units.

“While the February results point to a trend [that was] decades in the making, the severity of the monthly figures is jarring,” says Tuckey. “As the current data demonstrates, legislative guidelines and planning policies have real impacts on real people.

With significant declines in builder inventory and record prices (for both low and highrise homes), the GTA housing market is in crisis and it is time for governments to work with us to address the problems.”

APRIL 1 - 15, 2017 | NEW CONDO GUIDE 47

Advice | LEGALLY SPEAKING

Title insurance: What is it, and why do you need it?

By Jayson Schwarz

MORE ADVICE ONLINE ypnexthome.ca/news/advice

TITLE INSURANCE provides comprehensive insurance coverage for title-related risks associated with home buying, like zoning issues, claims of mental incapacity, lack of up-to-date survey, and the legal services provided by your lawyer like title certification. It insures against defects in title, which may occur from conflicting ownership claims, liens, undischarged mortgages and consents. It will cover compliance and access issues like work orders, permit violations, fences, boundaries, tenancies and rights of way. It is in force so long as the purchaser or their heirs own the property, and will outlive the lawyers’ certification, whose insurance stops if they die or cease practicing law.

So, what happens when there’s a problem with the purchase? The insurer will pay out in accordance with the policy or, if possible, repair the defect. Title insurance protects from vendors who won’t re-adjust or misrepresent things like real estate taxes paid, and again, remains in effect as long as you own the property. In addition, lawyers’ insurance is time-of-incident related, which in plain English means if your lawyer dies, retires or stops practicing and you subsequently make a claim, you’re not covered.

We have all read and heard about mortgage and title fraud, where unscrupulous people put fake mortgages on properties or 48 YPNEXTHOME.CA

Title insurance protects from vendors who won’t re-adjust or misrepresent things like real estate taxes paid, and it remains in effect as long as you own the property sell houses they do not own. Title insurance indemnifies you against these occurrences.

Another benefit of title insurance is it saves you money. Disbursements — money paid to third parties for items like building compliance letters, subdivision compliance letters and deed registration — are lower. We estimate $200 to $300 on a deal after the cost of the policy.

Almost all of Ontario is now on an electronic registry system. Title insurance has become the norm and many of the transactions are done by computer communications.

Make sure the lawyer you select has taken title insurance courses, is familiar with Terranet, and can properly advise you. The Law Society passed a rule that every lawyer on a residential real estate deal must advise the client of title insurance, the different companies offering it,

and how it works.

Every lawyer has an obligation to make you aware of your title insurance options, so you can choose which way you want to go. Think through your options carefully and choose wisely.

4 reasons why title insurance is better than lawyers’ insurance through LawPRO: » gives better coverage as to the quality of your ownership » lasts forever, where lawyers don’t » saves $300 to $400 in disbursements » protects from mortgage and title fraud Jayson Schwarz LL.M. is a Toronto real estate lawyer and partner in the law firm Schwarz Law LLP. Visit online at schwarzlaw.ca or email info@ schwarzlaw.ca and send questions, concerns, critiques and quandaries

cthis o msUMMER ing D aniels City Centre w es l e y T o w e r • First choice of suites, floors and views • Invitation to the first advance sale TM*

• Members only invitations to Daniels’ events • Access to insider information

To join, a $300 registration fee is required, which will be applied toward the purchase of your suite, or fully refunded if you choose not to purchase.

register today danielscitycentre.com

905-819-8880

The Daniels Corporation (danielshomes.ca) is one of Canada’s preeminent builders/developers, building more than 27,000 new home communities across the Greater Toronto Area for over 34 years. Among its many initiatives, Daniels was chosen to partner with Toronto Community Housing to revitalize Regent Park – 69 acres in Toronto’s Downtown East. Committed to community, Daniels offers innovative programs that help people achieve homeownership, champions neighbourhood initiatives that enhance quality of life, and supports numerous charities and non-profit organizations. Most recently, Daniels was named the 2016 High-Rise Builder of the Year at the Tarion Homeowners’ Choice Awards.

For decades, Daniels has worked hard to continually offer the next best thing in low-rise and high-rise living in Mississauga. Discover how you can become part of this remarkable community so you, too, can “Love Where You Live.”

Exclusive Listing: CityLife Realty Ltd., Brokerage. Brokers Protected. Illustrations are artist’s concept. *Conditions apply. Limited time offer. Specifications and programs are subject to change without notice. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. E. & O.E. APRIL 1 - 15, 2017 | NEW CONDO GUIDE 49

Back to the future with daniels at the mississauga city centre

D aniels City Centre w e sle y T o w e r

Knock

Knock there?

A tall good-looking newcomer with urban charm.

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

This time, it’s a brand new addition to their iconic 23-acre, master-planned, mixed-use community, Daniels City Centre! Yes, this summer, Daniels will be back with a new 40-storey residential condominium, Wesley Tower, at Confederation Parkway and City Centre Drive – in the midst of one of the Greater Toronto Area’s most amenity-rich neighbourhoods.

The Daniels Corporation will bring over 34 years of experience in master-planning and quality home-building

to the heart of the Mississauga City Centre this summer!

DANIELS CITY CENTRE COMMUNITY

SQUARE ONE

CELEBRATION SQUARE

. . . g n i v i l e Imagin

LIVING ARTS CENTRE

DANIELS CITY CENTRE COMMUNITY

...mere moments to the Square One shopping mall, the largest mall in Ontario and a premier shopping destination in the GTA, with more than 320 shops, services, dining and entertainment options. Take courses at Sheridan College, gather with neighbours for festivities at Celebration Square, enjoy live theatre at the Living Arts Centre, revel in nature in the community’s 3-acre public park, take in the beauty of stunning public art, and stroll along the convenient central mews. If you work in Toronto, Mississauga Transit and GO Transit are easily available, and access to Highways 403, 401 and 407 are just minutes away.

w

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

Wesley Tower will offer one-bedroom, one-bedroom + den, two-bedroom, two-bedroom + den suites, plus a limited number of three-bedroom layouts in the podium. Both suite designs and building amenities will be family-friendly.

PUBLIC ART

PARKS AND PLAYING AREAS

BEAUTIFULLY LANDSCAPED STREETSCAPES

. w o r G . y a l P . k r o W Live.

Inspiration | STYLE FILE

BUDGET-FRIENDLY

spring style updates

By Jo Alcorn

Each year as spring approaches, I typically see a surge of homeowners wanting to spruce up their homes. There are so many easy and affordable things people can do to dramatically update their home while keeping function, style and budget top of mind.

Consider swapping out some accessories for lighter, brighter options. I love working with white on white (all different tones and shades of white) to create a fresh, bright palette. Flowers are mandatory too – I cannot live without flowers – and they scream spring!

Feeling the itch for a more dramatic change this spring? I’ve recently launched a new line of Jo Alcorn wallpaper in patterns that are guaranteed to give your mood a lift and make you feel like you’ve made a dramatic change with a little DIY magic.

Think you have to turn off your fireplace and forget about it until fall rolls around? Think again! Dimplex has stunning units that operate with no heat.

You can keep them on during the spring and summer on cool, rainy days when you want that comfy, cosy feel of a fire but without the heat. This unit that I recently styled is a new type from Dimplex called Revillusion. It can run all summer long with a no-heat option to keep a romantic, relaxing feel going strong in the warmer months.

50 YPNEXTHOME.CA

If you have an electric fireplace, or even a wood-burning unit, you can redecorate it to match your spring decor. HomeSense is my go-to when I want to easily change any decor with very little expense. For mantel decor in the warmer months, I recommend light, airy and fun accessories.

If you have open shelving or glass cabinet doors, another option to update your space is to change your glassware and plates. I love to pull these out early in the season and get them on display for an instant spring-time feel. And I’m all for making it feel like the warmer months will be here soon! Walmart has a great selection of outdoor plates and glasses that are sure to please.

Spring is always a great time to organize and make small changes that will add huge functionality to your home. Adding soft-close hardware and drawer organizers can sometimes make it feel like you have a brand new space. GRASS, a manufacturer of soft-close drawer and cupboard systems, has a new line called Tavinea which is an interior drawer system that is modularly built so it can easily be tailored to your personal specifications. The days of the junk drawer will be limited after this addition.

Spring really does inspire us to organize, air out, and freshen up, but a spot that people often overlook is the laundry area. I assure you, if you spend a bit of time to organize it properly, you can be far more efficient when you’re in there and have the bonus of enjoying that space! I love baskets from Bouclair to hide all the bits and bobs, cleaning supplies and other things that make the household tick.

There is no easier, more stylish way to change up your living space than by adding in pillows. “The more, the merrier,” I always say! My pillow collection is fully washable (you toss the entire pillow – cover and stuffing – into the washer!) hypoallergenic and made in Canada.

Jo Alcorn is a celebrity designer specializing in small spaces and design solutions for all budgets.

She is the interior expert on HGTV’s new show, Critical Listing, and shares her expertise regularly on TV and through her monthly column at the Toronto Sun. Visit whitewashco.ca

APRIL 1 - 15, 2017 | NEW CONDO GUIDE 51

Property Profile | NORD CONDOS

Life is better in the Nord Live in Vaughan’s newest condo

52 YPNEXTHOME.CA

WELCOME TO THE NORD SIDE,

where urban living is elevated to new heights. Cortel Group’s latest development, Nord Condos, redefines the skyline in Vaughan’s future downtown core. Here, beautiful architecture meets creative design for the best in condo living.

Just this past month, Cortel Group opened Nord East, the third tower at Nord Condos, and the reception was astonishing. After an overwhelming opening, the entire building sold out.

With so many great features and this fantastic location, it’s no surprise that Nord Condos is in such high demand.

Cortel Group has teamed up with one of the country’s most distinguished design companies, Tomas Pearce Interior Design. When a renowned builder partners with a world-class interior design firm, the results are guaranteed to be stunning. Working together with a team of talented and experienced members, led by cofounders Melandro Quilatan and Tania Richardson, Tomas Pearce brings their innovative flair to Nord Condos.

Vaughan’s popularity and highdemand is making Nord Condos a

great opportunity and investment.

Located at Hwy. 7 and Jane Street, Nord Condos is in the heart of the highly anticipated Vaughan Metropolitan Centre (VMC). This will be the new Vaughan downtown, where residents and visitors will be able to enjoy business, recreation and so much more. With a comprehensive transit system nearly in place, commuting in and out of Vaughan will be a breeze. Living at Nord Condos, you are only steps away from the upcoming VMC subway station, part of the TTC expansion into Vaughan. You will be able to travel by TTC subway and buses, YRT, VIVA, GO or Zum Transit, all from this one location.

The amenities within the building leave nothing to be desired, with an indoor pool, fitness centre and yoga studio, pet spa, cinema room and much more. A full and active life is at your fingertips at Nord Condos.

Cortel Group doesn’t just make a building, they create complete communities with everything you will need. They are dedicated to making your journey as easy and enjoyable as

Location

Vaughan Builder

Cortel Group Development

Nord Condos Home Type

Condominium units Contact

nordcondos.ca

possible, with an expert staff to help you make every decision throughout the process.

With the great success of Nord East, Cortel Group is preparing to launch the fourth tower in this project, Nord West. This is your time to enjoy life in the Nord.

Make sure to register today for all the latest information as it becomes available at nordcondos.ca.

APRIL 1 - 15, 2017 | NEW CONDO GUIDE 53

Trending

Canadian housing story remains a tale of two markets in 2017-18 CANADA’S HOUSING MARKETS will continue on different paths in 2017 and 2018, with considerable regional divergence according to the latest resale forecast from the Canadian Real Estate Association (CREA).

In housing markets around the Greater Toronto Area and including 54 YPNEXTHOME.CA

the furthest reaches of Ontario’s Greater Golden Horseshoe (which includes the GTA, HamiltonBurlington, Oakville-Milton, Guelph, Kitchener-Waterloo, Cambridge, Brantford, the Niagara Region, Barrie and nearby cottage country), the balance between supply and demand

is increasingly tight. This is expected to lead to continued double-digit price growth, resulting in further erosion in affordability and sales activity in the absence of a significant and sustained rise in new supply.

Moving westward to the resourceintensive provinces of Alberta,

Average price will retreat five per cent in BC and Newfoundland and Labrador, and 2.8 per cent in Saskatchewan, while rising by more than 15 per cent in Ontario MORE TRENDING ONLINE ypnexthome.ca/news

Saskatchewan, and Newfoundland and Labrador, sales activity is still running at lower levels and supply is elevated, resulting in weakened price trends for these provinces.

In British Columbia, activity in the Lower Mainland has cooled markedly from all-time highs recorded early in 2016; however, sales and price pressures elsewhere in the province remain historically strong.

Looking eastward, housing markets in places like Manitoba, Eastern Ontario, Quebec, New Brunswick, Nova Scotia and Prince Edward Island have all experienced, to varying degrees, a breakout year in 2016 following a number of years of stagnation, with rising sales drawing down elevated supply.

Recently tightened mortgage rules, higher mortgage default insurance premiums and an expected rise in mortgage interest rates all represent headwinds to affordability in all Canadian housing markets. It will be some time before their full impact on housing markets is evident.

In some regions, the recently tightened “stress test” for mortgage financing qualification will force some first-time buyers to re-think how much home they can afford and may lead to a drop in home purchases as they shop for a lower-priced home.

In regions where there is a shortage of lower-priced inventory, some sales may be delayed as buyers save longer for a larger down payment.

In markets like Vancouver and Toronto, where single-family homes

are in short supply and there are few affordable options, some buyers may find themselves priced out of the market entirely. In Toronto, the stress test for mortgage qualification may prompt some buyers to move further out into communities located in the Greater Golden Horseshoe where homes are more affordably priced.

Nationally, sales activity is forecast to decline by three per cent to 518,700 units in 2017. In line with CREA’s previous forecast, the upward revision to the sales forecast for Ontario offsets a downward revision to British Columbia’s.

BC is forecast to see the largest decline in sales in 2017 (down 17.5 per cent), followed by Prince Edward Island (down 10.8 per cent). Activity in both provinces is retreating from all-time highs reached in 2016.

Newfoundland and Labrador is also forecast to see a decline in sales in 2017 (down 8.4 per cent), continuing a softening trend that stretches back nearly a decade.

Alberta is forecast to have the largest increase in activity in 2017 (up five per cent), however that still leaves it nearly 10 per cent below the 10year average.

Elsewhere, sales activity is forecast to be little changed from 2016 to 2017. Ontario sales are forecast to rise by less than one per cent in 2017, as strong demand runs up against an increasingly acute supply shortage.

In provinces where economic and housing market prospects are closely tied to the outlook for oil and other

natural resource industries, average prices are showing tentative signs of stabilizing in Alberta while softening in Saskatchewan and Newfoundland and Labrador.

While prices are still rising rapidly in Ontario, BC has seen a compositional shift in the average price that reflects softer sales activity in the Lower Mainland which has some of the most expensive real estate in Canada.

Average prices in other provinces are either rising modestly or holding steady, reflecting well balanced supply and demand.

The national average price is forecast to rise by 4.8 per cent to $513,500 in 2017, with significant regional variations. The average price is expected to retreat by more than five per cent in BC as well as Newfoundland and Labrador, and 2.8 per cent in Saskatchewan, while rising by more than 15 per cent in Ontario.

In other provinces where average prices last year began showing tentative signs of improving, average price gains are forecast to hold below the rate of inflation in 2017 as the impact of recent regulatory changes and higher expected mortgage rates lean against stronger demand and tighter market conditions.

In 2018, national sales are forecast to number 513,400 units, representing a one-per-cent decline compared to the 2017 forecast. Most of the annual decline is expected result from fewer sales in Ontario. The national average price is forecast to rise by five per cent to $539,400 in 2018, reflecting ongoing market tightness in Ontario and a further return to more normal levels in BC. Price gains outside of the Greater Golden Horseshoe are not expected to approach the increase in the national average price.

Saskatchewan and Newfoundland and Labrador are projected to see average prices decline in 2018 by less than one per cent. In most other parts of Canada, home price increases are forecast to more or less track overall consumer price inflation in 2018.

APRIL 1 - 15, 2017 | NEW CONDO GUIDE 55

Advice | MORTGAGE ADVICE

Should you get a mortgage?

5 things to consider

By Alyssa Furtado

MORE ADVICE ONLINE ypnexthome.ca/news/advice

SEARCHING FOR a new home is exciting. But with so many things to consider, the process can quickly become overwhelming.

Here are five things to consider before you get a mortgage.

Can you afford to buy a home?

The first thing to consider is how much you’re willing to spend on a home. Lenders will use a formula to determine how much they’ll loan you.

The first one, called the gross debt service (GDS) ratio, suggests that potential housing costs, including mortgage payments, taxes and utilities, should not exceed 32 per cent of monthly income before taxes.

The total debt service (TDS) ratio, which adds lines of credit, car and credit card payments on top of your housing expenses, shouldn’t exceed 40 per cent of your income.

What is the term?

Lenders provide mortgages over a specified period of time, known as the “term.” While the most common term is five years, they can range from as little as six months to 10 years. Once the term is up, you can renew or renegotiate your mortgage with your lender or shop around for a better rate. A shorter one- or three-year term can provide flexibility as market conditions and interest rates change.

Fixed or variable rate?

A fixed-rate mortgage guarantees that the interest rate stays the same over 56 YPNEXTHOME.CA

the mortgage term. Knowing exactly how much to pay over a defined period is less stressful and can be easier to incorporate into a budget.

The interest rate on a variablerate mortgage, on the other hand, fluctuates depending on a bank’s prime lending rate. As interest rates change over the term, the amount of your payment that goes towards interest will rise or fall. If you have an adjustable payment, the amount will change if interest rates increase or decrease. While the interest rate on a variable-rate mortgage is generally lower than a fixed-rate mortgage, there’s a risk that rates could rise.

How long do you want to make payments?

The time it takes to pay off the entire mortgage is called the amortization period. In some cases, these extend to more than 30 years but are capped at 25 years for buyers with down payments of less than 20 per cent.

Longer amortizations result in lower payments until the entire balance is paid off. While this might seem attractive, it also means you’ll pay more interest over time. Shorter amortizations have the opposite effect.

How often do you want to make payments?

There are several payment schedules to choose from – monthly, semimonthly, biweekly, accelerated biweekly, weekly or accelerated weekly. If you’re looking to pay off your mortgage quickly, more frequent payments can save on interest.

If you choose to make accelerated payments, you’ll make the equivalent of one additional monthly payment a year. This can shave years off the amortization.

The bottom line It can be easy to get caught up in the excitement of home ownership, but such a large debt shouldn’t be taken lightly. Shop around and compare rates, and weigh the different options. Finding an affordable home coupled the right term, interest rate, amortization and payment frequency will help you save on interest and pay off the mortgage sooner.

Alyssa Furtado is founder and CEO of RateHub.ca, a website that compares mortgage rates, credit cards, deposit rates, and insurance with the goal to empower Canadians to search smarter and save money.

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APRIL 1 - 15, 2017 | NEW CONDO GUIDE 57

Trending

Best all-day breakfast in Toronto

By Jennifer D’Agostino

YOUR FAVOURITE BREAKFAST foods

Starving Artist

Karine’s

are available all day long at these joints, so you can eat that eggs benny or pancake stack whenever you want! There’s no more waiting for Sunday brunch to chow down.

Get your breakfast on at these top picks for all-day breakfast in Toronto.

810 College St. Starving Artist is known for its frugal and friendly all-day breakfast service, and its killer waffles.

Seriously, if you haven’t tried them yet, you must! The breakfastonly menu is filled with unique concoctions that have made Starving Artist so popular over the years, including the waffle sticks (also available sans gluten).

32-109 McCaul St. Located in one of Toronto’s most underrated food courts, The Village by the Grange, Karine’s fresh-ingredient approach makes this spot a must-try.

Karine’s provides healthy and delicious all-day breakfast, plus it’s all 100-percent vegan. The menu includes a bagel bar, soy fruit shakes, roasted vegetable omelettes and more to help you get the day started!

Figs Breakfast and Lunch

Le Petit Déjeuner

344 Queen St. E. A downtown favourite, Figs is open seven days a week! The small restaurant on the corner of Queen and Parliament not only offers quality, but quantity, serving up omelettes, French toast, waffles and huge breakfast platters with bacon, eggs and potatoes. A favourite with the locals, it’s open until 4 p.m. everyday, so you can stay for lunch too.

191 King St. E. Since 2003, Le Petit Dejeuner has been providing all-day breakfast to the Financial District. The bistro-style restaurant is family run, and focuses on Belgian-Canadian comfort food.

The breakfast items are all made fresh to order, and this includes some of the best Belgian waffles in the city. The classics, like eggs benny and crepes, are there too, plus the menu has seasonal options on offer.

Hollandaise Diner 2231 Danforth Ave. Serving breakfast all day long, Hollandaise Diner’s specialty is eggs benedict. The hollandaise sauce is made from scratch every morning, and it offers a modern take on the breakfast classic. The menu features seven types of eggs benedict with flavour-infused hollandaise sauces, like HP, coconut, Cajun and paprika.

Hollandaise Diner also serves three classic breakfast dishes, like the Hungry Diner, that comes with two strips of bacon, two eggs, two sausages, baked beans and pancakes.

58 YPNEXTHOME.CA

MORE TRENDING ONLINE ypnexthome.ca/news

Emma’s Country Kitchen 810 St. Clair Ave. W. Known throughout the city for its amazing pancakes, Emma’s Country Kitchen serves up a mean breakfast that knows no limits! Available all-day long, the breakfast menu includes fresh oatmeal with fruit, eggs benedict, and “the classic” – two eggs, bacon or sausage, red skin potatoes and toast, pancakes and more. The cosy restaurant has a rustic feel to it, probably since the original ECK was started by the present-day owners’ grandmother in Cheltenham, Ontario.

Aunties And Uncles 72 Lippincott St. Bringing kitschy back to breakfast, Aunties and Uncles is a go-to brunch spot for most Torontonians. Located near College and Bathurst, the restaurant is open for breakfast seven days a week. The menu is filled with

delicious breakfast items like banana oatmeal pancakes, cinnamon French toast and scrambled eggs. They don’t take reservations, so be prepared for a little bit of a wait.

The options are endless with dishes like breakfast burritos, steak and egg supreme, smoked salmon platter, French toast and Montreal-style bagels.

Lady Marmalade Restaurant

Mitzi’s Cafe

898 Queen St. E. Why not a little Mexican cuisine for breakfast? Lady Marmalade is the right place to get your favourite Mexican-infused breakfast dishes, all day long. Located on Queen East, the restaurant opened in 2009 and has been packed ever since. Best bets are the eggs benedict and the A.M. Poutine: baked hash browns, cheese curds with miso gravy or hollandaise.

100 Sorauren Ave. Mitzi’s Café serves all-day brunch, so not exactly a classic breakfast, but it’s so good we’re going to say ‘close enough.’ Mitzi’s Café’s brunch menu changes daily, as the menu is seasonal. Past favourites have included fluffy omelets, challah French toast, and buttermilk oatmeal pancakes.

Plus, you get to see all the action in its open-concept kitchen!

Over Easy Restaurant 56 Yonge St. Over Easy is so good that it has two locations to satisfy Toronto’s need to eat breakfast at any time of day.

This content was originally published on YP.ca. Read more YP travel tips and city guides at yp.ca/tips APRIL 1 - 15, 2017 | NEW CONDO GUIDE 59

Trending

What $1 million can buy from coast to coast $1 MILLION IS A LOT of money

for most Canadian homebuyers, regardless of province, but what you can actually buy for seven figures differs dramatically, depending on the housing market you’re looking at.

According to Royal LePage Canada, extreme variances in recent home price appreciation have contributed to vast differences in the types of properties a prospective homeowner can expect to buy with a $1 million budget. While the once-exclusive $1-million home has become the norm in the GTA and Vancouver, other markets can still offer that ultraluxury abode.

A $1-million home’s location, size, proximity to amenities and current condition ranked as the top four factors that influenced its price, not unlike homes in other price ranges.

However, together, these four characteristics varied considerably from region to region, with Canada’s two hottest markets – Toronto and Vancouver – offering smaller, more dated two-storey “starter” homes when compared to larger, luxurious mansions elsewhere.

While the average number of bedrooms and bathrooms typically found in a $1-million home did not differ by region as materially as the aforementioned four factors, there were noticeable differences between certain regions.

In January, 2017, a $1 million home in Vancouver had an average of 2.6 bedrooms and 2.1 bathrooms, while on Canada’s other coast, a $1-million home in Halifax had an average of 3.1 bedrooms and 3.8 bathrooms. In Central Canada, $1 million secured an average of 3.4 bedrooms and 2.5 bathrooms in Toronto. Where do Canadians get the biggest bank for their buck? Winnipeg wins, with an average of 4.1 bedrooms and 4 baths.

60 YPNEXTHOME.CA

In fact, of the seven cities studied across Canada – Vancouver, Calgary, Saskatoon, Winnipeg, Toronto, Montreal and Halifax – Winnipeg provided the most living space overall, with $1 million fetching on average, a 3,505 sq. ft. luxury home in a desirable neighbourhood.

During the same period, $1 million in Saskatoon secured the largest lot size of all regions, with an average of 65,838 sq. ft. In contrast, Vancouver offered prospective homebuyers the least amount of home for $1 million, averaging 1,229 sq. ft. on a 3,134-sq.ft. lot.

“There are striking differences in the options available for those who are looking to purchase a $1 million two-storey home in Canada,” says Dianne Usher, senior vice-president of Johnston and Daniel, a division of Royal LePage. “From an older starter home in Vancouver to a waterfront property with all of the bells and whistles in Halifax, the amount of value and space that prospective buyers receive is largely dependent on the characteristics of the market in which they are located.”

When looking at inventory levels and sales activity, $1-million properties and transactions have been more prevalent in highly sought-after markets where greater demand has pushed home values higher. As a result, this has led these regions to experience a weakening in the overall value received for $1 million when compared to other areas across the nation that are less constrained by supply and demand.

While smaller regional markets have continued to maintain their value over the last decade, Canada’s largest markets have seen an erosion of affordability and quality.

“What used to be considered a luxury price point is now the status quo in Canada’s two hottest markets,” Usher adds. “Once carrying significant purchasing power, $1 million is now either below or on par with the price of an average two-storey home in Toronto and Greater Vancouver.

Now, instead of a fully upgraded three-bedroom, three-bathroom, two-storey property in prestigious neighbourhoods like Rosedale or West Vancouver, you’re getting a much smaller two- or threebedroom, two-bathroom property in need of renovation in a less soughtafter location.

“However, significant value can still be found in the suburbs or city centres like Saskatoon and Montreal, where homes are more affordable, landing you substantially more home with better features as a result.”

The profile of a $1 million buyer was also found to vary by region, with developers and first-time buyers dominating the $1 million two-storey property segment in Canada’s largest metropolitan areas, while wealthy young to middle-aged professional couples with children acted as the predominant purchasers elsewhere.

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APRIL 1 - 15, 2017 | NEW CONDO GUIDE 61

Trending

Buying in today’s market As prices go up, so do the expectations

By Elisa Krovblit | Photos by Joy von Tiedemann

TODAY’S HOME-BUYING market has an incredible challenge with affordability. It’s no secret that we’re experiencing a sizzling hot market – real estate prices are constantly in the headlines. Social media is buzzing with stories about homes selling over asking and complete tear-downs being sold for exorbitant prices because the land value is so great that the structure sitting on it is practically nominal in the equation.

The constant quip is that, “They’re not making more land,” and you’ll hear this often if you start looking for any great deals in real estate. While it may seem like there’s no end to developers finding ways to do their work, the fact is, land availability is a huge part of the problem.

The February 2017 BILD Report found that home prices grew 25 per cent in just one year. While it can be a challenging time to get into the market because prices are so high, however prices aren’t forecasted to come down since that demand isn’t expected to ease. That also makes now a smart time to buy.

We spoke with Anna Simone, partner in the awardwinning design firm Cecconi Simone, to find out how the market is impacting the home design industry.

“Trends are for followers, not leaders,” says Simone.

“Toronto is a very savvy market,” she explains, “and it’s gone through the largest building boom in the last 15 years in North America.”

Established in 1982, the firm quickly rose to the forefront of interior design with projects like Toronto’s Merchandise Building. Cecconi Simone’s work was embraced for its holistic approach – working with the architect and working from the inside out – to bring great aesthetic and fresh perspective on definitive living spaces. Cecconi Simone has worked on more than 80 condo towers in downtown Toronto, and has several lowrise projects to its credit as well.

Design-wise, it’s a great time to buy a new home.

With the boom that’s been going on for over a decade, Simone explains that builders are seasoned and always looking for ways to impress with new products. Standards are higher – and buyers’ expectations have also risen to match today’s price points. Features that were once reserved for luxury 62 YPNEXTHOME.CA

Partners Anna Simone & Elaine Cecconi

154 The Kingsway, a private residential project by Imprint Developments.

Cecconi Simone oversaw the architecture and interior design, and was one of the development partners

MORE TRENDING ONLINE ypnexthome.ca/news

residences have become common and even standard, like walk-in closets, ensuite bathrooms, garage walk-ins, main- and upper-floor laundry, backsplashes, decks and soaker tubs.

Open-concept layouts have grown up, becoming sophisticated, offering great flow and maximizing on square footage. Homes have traded traditional formality for flexibility and function. Layouts respond to the way residents want to use the space.

Construction is becoming Greener and more eco conscious, from energy-efficient appliances to better lighting, water-conserving taps and toilets, saving the environment while saving homeowners money on their utility bills.

Having worked on so many newhome developments, the trends Simone finds notable are ones that bring real value to the homes, like some of the preferred materials.

“There’s less maintenance. There’s more longevity and new products are being used,” Simone says. She points to features like quartz countertops instead of natural stone. While natural stone was embraced for its elegance and considered the upscale option, in reality quartz is more affordable, less porous and easier to maintain. People are busy. Great products that need little upkeep simplify life – and that’s a great value for a home to offer.

“Laminates have come a long way,” says Simone, making this a solid and good-quality choice, and she doesn’t do many homes that don’t use LED lighting. The quality of light is attractive and they’re 10 times more efficient than other light bulbs. Kitchens are also becoming more customized as manufacturing processes have improved.

When you’re buying a new home, you want to know that you’re getting quality and the exceptional benefit of experience from modern home builders. Homes are built to last, and at today’s price point, it’s something homebuyers should expect.

APRIL 1 - 15, 2017 | NEW CONDO GUIDE 63

With smaller, more exclusive infill home developments in Toronto, it’s easier to bring some of that sexy condo design aesthetic, more customization and more elegant finishes. Homes have become more sophisticated. With the rise in price, a lot of that purchase price falls to land value, but the structure placed on that property still has to justify the price tag.

Meanwhile, there are still a lot of great options for affordability when looking across the Greater Toronto Area, once you leave the downtown core. Though prices are definitely on the rise across the whole region, many of these communities still offer a more comfortable and affordable entry point into the market. They may have lesselaborate finishes to promote a less-lofty price point, but they still gravitate to the important trend Simone speaks of: quality.

Affordability ultimately hinges on location, and at the moment, Toronto seems to be breaking all previous records, though, if you consider it on a world platform, says Simone, the city really is relatively affordable. You couldn’t get a Manhattan apartment for the price of a decent Toronto home – or one in LA, Hong Kong or London. Although that doesn’t help with the budget, it does reinforce that it is a great time to buy a new home.

64 YPNEXTHOME.CA

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APRIL 1 - 15, 2017 | NEW CONDO GUIDE 65

Hot Properties

905

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

LATEST LISTINGS

TH

M CITY CONDOS

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

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

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

INDIGO CONDOMINIUMS STATIONWEST

previews and registration M CITY CONDOS By: Rogers Real Estate Development & Urban Capital City: Mississauga Coming this spring: the first of nine buildings and soaring 60 storeys, M City’s flagship tower will emerge as the defining landmark of Mississauga’s downtown core, and will stand as the city’s tallest building.

Register today to stay informed. mcitycondos.com

66 YPNEXTHOME.CA

4

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

Register now. adidevelopments.com

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

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

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

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

Hot Properties

416

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

LATEST LISTINGS

THE PEAK AT EMERALD CITY

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

PinnacleEtobicoke.ca

VIA BLOOR 2 By: Tridel City: Toronto Following overwhelming response and impressive sales success at phase one, Tridel is now releasing Via Bloor 2. Register now to stay informed.

Tridel.com

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

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

WestBeachCondos.ca

PLAZA MIDTOWN

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

EmeraldCityLife.ca

By: Plaza City: Toronto One- to three-bedroom condo suites, plus two- and three-bedroom towns coming soon. Register now to stay informed.

PurePlaza.com

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

HaloResidences.com

new releases and grand openings HEARTWOOD By: Fieldgate Urban & Hullmark Developments Ltd. City: The Beach, Toronto New six-storey boutique residence of 43 exclusive suites coming to The Beach. New suite designs. Construction starting soon.

HeartwoodTheBeach.com

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

AQUABELLA By: Tridel & Hines City: Toronto Luxurious Terrace Collection now available at Bayside’s newest condo, Aquabella. Suites from 1,767 to over 4,000 sq. ft. tridel.com

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

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

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

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

APRIL 1 - 15, 2017 | NEW CONDO GUIDE 67

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York

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Toronto

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68

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

# Builder Site Telephone TH* C* Price Range Page Finder 11 MENKES DEVELOPMENTS INC. 365 Church 416-591-7700 • from $520,000 Insert 14I 18 URBAN CAPITAL Harris Square rivercitytoronto.com • • 29 18L 34 MENKES DEVELOPMENTS INC. Fleur menkes.com • • Insert 16L 35 MENKES DEVELOPMENTS INC. 87 Peter 416-591-7700 • from $820,000 Insert 15M The Eglinton Yonge at Heart 416-591-7700 • from $320,000 Insert 15D 35 MENKES DEVELOPMENTS INC. Halo Residences on Yonge 416-485-3000 • from $300,000 IBC 16K 49 CRESFORD DEVELOPMENT CORP. 50 CRESFORD DEVELOPMENT CORP. VOX 416-485-3000 • IBC 15J 52 CRESFORD DEVELOPMENT CORP. CASA III 416-486-2272 • from $924,000 IBC 15L 52 CRESFORD DEVELOPMENT CORP. CASA II 416-486-2272 • from $2000,000 IBC 15L 64 LAMB DEVELOPMENT CORP. Wellington House 416-368-5262 from $442,000 19 14M 68 GREAT GULF Home Power + Adelaide homeonpower.ca • from $320,000 5 17L 104 CRESFORD DEVELOPMENT CORP. The Clover on Yonge 416-485-3000 • IBC 14J 149 CAMROST - FELCORP Blue Diamond at Imperial Plaza 416-925-2501 • from $390,000 1 15I 229 TRIDEL CORPORATION Via Bloor 2 tride.com • IFC 17I 230 PLAZA Plaza Midtown pureplaza.com • 14-15 14E 231 MARLIN SPRING West Beach WestBeachCondos.ca • from $290,000 41 23J 1 BRANDY LANE HOMES The Davies 416-873-0862 • from $820,000 14I 2 GREAT GULF Yonge+Richmond 416-499-8883 • from $470,000 16K 3 ARAGON PROPERTIES Eighty One Wellesley eightyonewellesley.ca • from $330,000 16J 3 ALTERRA 159SW 159sw.com • from $300,000 16J 5 GRAYWOOD DEVELOPMENTS Scoop Condos scoopcondos.com • from $282,000 19I 8 ROCKPORT GROUP George Condos+Towns 647-351-5050 • from $335,000 22L 9 HARHAY DEVELOPMENTS 875 Queen East 416-694-8750 • from $300,000 19L 10 MARLIN SPRING Canvas Condominium canvascondos.ca • from $250,000 24G 11 TRIDEL CORPORATION Sherwood at Huntington 416-485-1900 • from $1000,000 18G 11 METROPIA AYC Condos ayccondos.com • • from $400,000 14I 12 NORTH DRIVE INVESTMENT The High Park 416-670-3699 • from $400,000 8L 12 NORTH DRIVE INVESTMENT Picnic 416-670-3699 • from $475,000 8L 13 ASPEN RIDGE HOMES The Jack aspenridgehomes.com • from $400,000 14H 14 FIELDGATE URBAN Heartwood the Beach heartwoodthebeach.com • from $490,000 24J 15 TRIDEL CORPORATION 101 Erskine 416-480-0700 • from $386,000 14D 17 ROCKPORT GROUP The Nest 416-223-0003 • from $350,000 11H 18 DUNDEE KILMER DEVELOPMENTS Canary Block Condominiums canaryblock.com • from $350,000 18L 20 MENKES DEVELOPMENTS INC. Fabrik 416-591-7700 • from $590,000 14M 20 MOD DEVELOPMENTS INC. Waterworks waterworkstoronto.com • from $420,000 14M 22 TRIDEL CORPORATION Ten York 416-596-9888 • from $1020,000 12F 22 MATTAMY HOMES Picasso on Richmond 416-495-3549 • from $336,000 14M 25 TRIDEL CORPORATION SQ2 416-661-1949 • from $629,000 15D 26 BAZIS INC. No1 Yorkville 416-519-2911 • from $550,000 15I 26 PLAZA No1 Yorkville 416-519-2911 • from $550,000 15I 28 EMPIRE COMMUNITIES Eau Du Soleil Waterfront Condominiums 416-503-3328 • from $500,000 25B 29 PINNACLE INTERNATIONAL Success Tower at Pinnacle Centre 416-360-0673 • from $880,000 17M 30 BUENA VISTA DEVELOPMENTS Bespoke Towns 419-239-8181 • from $550,000 22J 31 WORSLEY URBAN PARTNERS Totem Condominium 416-792-1877 • from $492,000 15H 32 MADISON HOMES The Madison 416-482-8090 • from $480,000 14E 34 ST. THOMAS DEVELOPMENTS 88 Queen 88queen.com • from $250,000 16L 34 DREAM Ivy Condos 416-306-6484 • • from $320,000 16L 34 THE SHER CORPORATION Ivy Condos 416-306-6484 • • from $320,000 16L 36 NEUDORFER CORPORATION Fuse Condos 416-534-4444 from $260,000 9K 38 GREAT GULF Pace 416-928-2223 • from $310,000 16L 38 EASTON’S GROUP Dundas Square Gardens 416-645-8575 • from $224,000 17K 38 CENTRE COURT DEVELOPMENT Grid Condos 416-477-4743 • from $250,000 17K 40 FERNBROOK HOMES/CITYZEN DEV. Garrison Point garrisonpoint.ca • from $250,000 13N 41 LASH GROUP OF COMPANIES The Barrington Condominiums Flats 416-410-4444 • from $455,000 12H 42 TRIUMPH DEVELOPMENTS Howard Park 2 416-873-0989 • from $349,000 9L *TH: Townhomes, Highlighted listings are advertised in this issue of Condo Guide. Attention Builders - Want to add your community to our maps?

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

Builder

Site

Telephone

TH* C* Price Range

Page

Finder

The Upper House Condos in Leaside 416-425-1800 from $350,000 18D Alter 416-645-4599 • from $700,000 16J The PJ 416-596-1600 • from $300,000 15L Yorkville Park mintoyorkvillepark.com • • from $420,000 14J Zigg Condos 416-545-0223 • • from $1300,000 14J Zigg Condos 416-545-0223 • • from $1300,000 14J Yorkville Private Estates 416-484-4371 • • from $2500,000 14J Teahouse 416-861-1111 • from $241,000 16K Stanley 416-546-1502 • from $400,000 16K Aqualina at Bayside Toronto 416-514-2710 • from $336,000 18M Aquavista at Bayside Toronto 416-514-2710 • from $814,000 18M Aquabella Bayside Toronto tridel.com • from $1200,000 18M 11 Wellesley 416-861-1111 • from $435,000 15J Riverside Square 416-466-4466 • from $200,000 19L Monde 416-466-8885 • from $340,000 17M 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 The Brant Park 416-368-5262 • from $835,000 14M Enigma on the Park 416-516-1551 • from $236,000 9L Citylights on Broadway 416-546-6605 • from $320,000 14D East Fiftyfive 416-861-9559 • from $360,000 17L East Fiftyfive 416-861-9559 • from $322,000 17L 609 Avenue Road 609avenue.com • from $600,000 14G 609 Avenue Road 609avenue.com • from $600,000 14G 2221 Yonge 647-350-2221 • from $320,000 14D On The Danforth onthedanforthcondo.com • from $251,000 23G Liberty Central by the Lake Two 416-537-0047 • • from $320,000 12N Schoolhouse 416-979-1333 • from $900,000 13I Art Shoppe Condos artshoppecondos.com • from $200,000 14D Distinction Condos 416-489-6444 • from $360,000 14D Distinction Condos 416-489-6444 • from $360,000 14D J Davis House 647-343-3270 • • from $320,000 15F J Davis House jdavishouse.com • • from $320,000 15F One Eleven Condominiums & Lofts 647-351-4111 • from $300,000 13M One Eleven Condominiums & Lofts 647-351-4111 • from $300,000 13M One Bloor Residences 416-922-0081 • from $580,000 15I Seventy Seven Charles Yorkville 416-203-7034 • from $2100,000 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 Urban Townhome Collection 416-277-6695 • from $2500,000 15K 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 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 The Foxbar Collection at Blue Diamond thefoxbar.ca • • from $900,000 15I Studio on Richmond 647-352-7736 • from $300,000 15M 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 The Bond Condominiums 416-546-7525 • • from $409,000 15G L Tower 416-777-2533 • from $490,000 17L Time and Space Condominiums pembertongroup.com • 17L Perspective Condos 416-242-3500 from $300,000 4H Neon 416-987-7878 • from $400,000 14D 1000 Bay 416-485-3000 • 15J 90 Niagara 416-981-0036 from $410,000 14O James 416-214-9900 from $317,000 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 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 TEN93 Queen West 416-546-6355 • from $380,000 12F Epic pureplaza.com • from $351,000 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 King Charlotte 416-368-5262 • from $435,000 15M Theatre Park 416-368-5262 • from $1990,000 16M The Harlowe 416-368-5262 • from $469,000 15M Form tridel.com 15L Empire Midtown empiremidtowncondo.com • from $300,000 10F Eight Cumberland 8cumberland.ca • from $400,000 15I Eight Cumberland 8cumberland.ca • from $400,000 15I St. Lawrence Condos stlawrencecondos.ca • from $280,000 17L YSL 416-483-3000 • 16K The Wyatt Condominium Suites 416-955-0559 • from $220,000 18J Via Bloor 416-649-2500 • 17I

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

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

torontoregionalmaps: Toronto, East York, York

#

43 K-CAP LAIRD INC. 44 TRIDEL CORPORATION 47 PINNACLE INTERNATIONAL 48 MINTO COMMUNITIES INC. 48 MADISON HOMES 48 FIELDGATE HOMES 48 CAMROST - FELCORP 49 LANTERRA DEVELOPMENTS 49 TRIBUTE COMMUNITIES 51 TRIDEL CORPORATION 51 TRIDEL CORPORATION 51 TRIDEL CORPORATION 53 LANTERRA DEVELOPMENTS 56 STREETCAR DEVELOPMENT 58 GREAT GULF 60 CANALFA GROUP 63 FERNBROOK HOMES/CITYZEN DEV. 63 THE GUPTA GROUP 64 LAMB DEVELOPMENT CORP. 65 ARAGON PROPERTIES 67 PEMBERTON GROUP 68 LAMB DEVELOPMENT CORP. 68 HYDE PARK 70 STATE BUILDING GROUP 70 MADISON HOMES 71 TOWER HILL DEVELOPMENT CORPORATION 73 DIAM DEVELOPMENTS 75 CANALFA GROUP 78 EMPIRE COMMUNITIES 79 FREED 79 LASH GROUP OF COMPANIES 79 LASH GROUP OF COMPANIES 80 MATTAMY HOMES 80 BIDDINGTON HOMES 85 HARHAY DEVELOPMENTS 85 CARTTERA 99 GREAT GULF 104 ASPEN RIDGE HOMES 114 PLAZA 114 FERNBROOK HOMES/CITYZEN DEV. 117 BAZIS INC. 117 METROPIA 117 PLAZA 118 PEMBERTON GROUP 124 PINNACLE INTERNATIONAL 128 LIFETIME DEVELOPMENTS 129 CONCERT PROPERTIES 131 LANTERRA DEVELOPMENTS 131 TRIDEL CORPORATION 133 TRIBUTE COMMUNITIES 142 ANDRIN HOMES 148 GRAYWOOD/BEAVERHALL DEVELOPMENT 149 CAMROST - FELCORP 149 CAMROST - FELCORP 149 CAMROST - FELCORP 150 ASPEN RIDGE HOMES 153 URBAN CAPITAL 153 MALIBU INVESTMENTS INC. 153 ALIT DEVELOPMENTS 155 LIFETIME DEVELOPMENTS 157 CASTLEPOINT/CITYZEN/FERNBROOK 157 PEMBERTON GROUP 162 PIANOSI DEVELOPMENTS 185 PEMBERTON GROUP 190 CRESFORD DEVELOPMENT CORP. 199 FIELDGATE HOMES 199 BRAD J. LAMB REALTY 200 FREED 200 CARTTERA 201 SOLOTEX 206 MOD DEVELOPMENTS INC. 215 DUNDEE KILMER DEVELOPMENTS 215 DUNDEE KILMER DEVELOPMENTS 217 BAYWOOD HOMES 217 PEMBERTON GROUP 217 PLAZA 218 MALIBU INVESTMENTS INC. 218 URBAN CAPITAL 219 TAS DESIGNBUILD 220 LAMB DEVELOPMENT CORP. 221 LAMB DEVELOPMENT CORP. 222 LAMB DEVELOPMENT CORP. 223 TRIDEL CORPORATION 224 EMPIRE COMMUNITIES 225 GREAT GULF 225 PHANTOM DEVELOPMENTS 226 FERNBROOK HOMES/CITYZEN DEV. 227 CRESFORD DEVELOPMENT CORP. 228 THE DANIELS CORPORATION 229 TRIDEL CORPORATION

69

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20

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Steeles Ave

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121

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401

25

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125

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10 132

95

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

torontoregionalmaps: North York

#

70

Builder

95 LINDVEST 121 LIBERTY DEVELOPMENT CORP. 134 ELAD CANADA 1 CONCORD ADEX 2 DEVRON DEVELOPMENTS 3 YYZED PROJECT MANAGEMENT 3 TIFFANY PARK HOMES 4 TRIDEL CORPORATION 5 LINDVEST 6 CONCORD ADEX 6 CONCORD ADEX 7 FRAM BUILDING GROUP 8 BAZIS INC. 9 SORBARA GROUP 10 LANTERRA DEVELOPMENTS 10 LANTERRA DEVELOPMENTS 11 MATTAMY HOMES 12 GHODS BUILDERS INC. 13 CASTLE GROUP DEVELOPMENTS 13 LIBERTY DEVELOPMENT CORP. 13 CONCORD ADEX 15 PHANTOM DEVELOPMENTS 16 URBAN CAPITAL 16 ALIT DEVELOPMENTS 17 CHESTNUT HILL DEVELOPMENT 17 HAVEN DEVELOPMENTS 18 KUBO DEVELOPMENTS 19 MADISON HOMES 20 MALIBU INVESTMENTS INC. 21 TRIDEL CORPORATION 22 TRIDEL CORPORATION 28 TRIDEL CORPORATION 33 LATCH DEVELOPMENTS 33 FIRST AVENUE PROPERTIES 34 DIAMANTE DEVELOPMENT CORP. 34 G GROUP DEVELOPMENT CORP 37 NORSTAR GROUP OF COMPANIES 50 DEVRON DEVELOPMENTS 95 ASPEN RIDGE HOMES 95 LINDVEST 96 ELAD CANADA 96 ELAD CANADA 96 ELAD CANADA 96 ELAD CANADA 122 LANTERRA DEVELOPMENTS 122 LANTERRA DEVELOPMENTS 122 LANTERRA DEVELOPMENTS 123 BRANDY LANE HOMES 124 TRIDEL CORPORATION 124 TRIDEL CORPORATION 125 FRAM BUILDING GROUP 130 TRIBUTE COMMUNITIES 132 FRAM BUILDING GROUP/CADILLAC FAIRVIEW

Site

Telephone TH* C* Price Range

Page

Finder

Super Sonic lindvest.com/supersonic • from $320,000 13 23G World on Yonge 905-771-7010 • 26 18A The Peak Emerald City emeraldcitylife.ca • from $300,000 21 24D Opus 416-813-2999 • • 22C The Vanguard vanguardto.com • 18A 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 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 Estates on Bayview estatesonbayview.com • from $1950,000 19D Beacon beaconcondos.ca • from $368,000 17C Rodeo Drive Condominiums rodeodrivecondos.com • 22F Rodeo Drive 2 Condominiums rodeodrivecondos.com • 22F Downsview Park Boutique Condos mattamyhomes.com • • 10D 5959 Yonge Street 416-222-5959 • from $302,000 18A Vida at Bayview Village 416-304-1212 from $250,000 20D The Village Residences 647-622-8408 • 20D Seasons Condominiums concordseasons.ca • 20D 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 SIX 25 BV six25bv.com • from $250,000 19C Marquette Urban Towns 416-551-9767 • from $250,000 14E Briar Hill madisonhomes.ca • • from $400,000 12F Southside Residences at Gramercy Park 416-703-2202 • from $290,000 13E Argento 416-663-1818 • from $370,000 22E Scala 416-730-0300 • from $300,000 22C Alto at Atria 416-645-8866 • from $334,000 25D The Bennett on Bayview thebennettcondos.com • from $250,000 17B The Bennett on Bayview thebennettcondos.com • from $250,000 17B The Diamond Condominiums on Yonge 416-961-8008 • from $268,000 17C Ellie Condos elliecondos.com • from $250,000 17C Portrait Condominiums 416-282-9600 • from $255,000 13C Flo Condominiums 647-799-0356 • from $322,000 18C Scenic on Eglinton 416-805-1781 • from $300,000 23G Sonic lindvest.com/sonic • from $212,000 23G Dreamtower At Emerald City 416-492-0001 • from $367,000 24C The Colours of Emerald City coloursofemeraldcity.com • from $290,000 24C Fifth on the Park 416-492-0001 • from $290,000 24C The Park Club Emerald City theparkclub.ca • from $290,000 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 Parfait at Atria tridel.com 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

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

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

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

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

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20

d ett R

Av e

40

Dixon Rd Scarl

Da nf or th

Islington Ave

Kipling Ave

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Etobicoke

409

Rathburn Rd

21 44

34 Bloor St W

Dundas St W57

50 8

Queensway

14

QEW

9

22

Gardiner Expressway Evans Ave

2

Horner Ave

H

Park Lawn

73

16

Royal York Rd

Scarborough

28

Bl

Westway

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Ki

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27

2A

Ranforth Dr

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30

10

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Martin Grove Rd

Re

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Centennial

RD

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Finch Ave W

427

East Ave Port Union Rd

Galloway Rd

Ki

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Manse Rd

Orton Park Rd

Bellamy Rd

McCowan Rd

Brimley Rd

Victoria Park

G

4

11 n Av

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

Scarborough Golf Rd

o

Brim

Eglinton Ave E

F

Dr rton

Markham Rd

Kennedy Rd

27 71

nR

Sheppard Ave E

Morrish Rd

Progress Ave

3 Lawrence Ave E Rd

Warden Ave

Pharmacy Rd

E

55

Birchmount

Ellesmere Rd

401 Midland Ave

401

D

Milner Ave

72

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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

5 56

6 19 24 17 18

39

Lakeshore Blvd W

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

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

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 Pinnacle Etobicoke 416-596-1600 • from $300,000 3 22G Imagine Condos 416-367-7303 from $235,000 4F On The Go Mimico 647-692-8417 • from $200,000 23H Evo Condos + Towns evocondos.com • from $220,000 3D Sweet Life Condos 647-351-5440 • from $200,000 10E Backyard Neighbourhood Condos backyardcondos.com from $250,000 24G 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 Sail Condominiums sailcondos.ca • 2C Residences at The Hunt Club 416-699-1711 • from $300,000 2G Upper Beach Club upperbeachclub.com • from $390,000 2G Upper Beach Club upperbeachclub.com • from $390,000 2G The KIP District thekipdistrict.com • from $250,000 22F Key West Condominium keywesttorontocondo.com from $320,000 25H Lago 647-347-5930 • from $744,000 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 $200,000 7D Terrace on Danforth 416-987-7575 • 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 Selene Metrogate 416-293-5535 • from $280,000 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 Me 2 Condos 416-630-9393 • from $250,000 8D The Kennedys Condominiums KennedyCondos.com • from $220,000 4C Spice Urban Towns 416-932-3443 • from $390,000 2G

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

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

71

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waterfrontmaps: TORONTO

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

72

#

Builder

Site

Telephone TH* C* Price Range

1

MENKES DEVELOPMENTS INC.

Harbour Plaza

416-591-7700 •

from $2,100,000

3

MATTAMY HOMES

Vita On The Lake

mattamyhomes.com •

Page

Finder

Insert

14F

from $350,000

BC

2F

15 THE DANIELS CORPORATION

Lighthouse East Tower Condominium Residences 416-221-3939

• from $300,000

9

16F

2

Concord Adex

The Lakefront

thelakefront.ca

•

12F

4

TRIDEL CORPORATION

Aquabella Bayside Toronto

tridel.com • from $1200,000 16E

4

TRIDEL CORPORATION

Aqualina at Bayside Toronto

416-514-2710

• from $336,000 16E

4

TRIDEL CORPORATION

AquaVista at Bayside Toronto

416-514-2710

• from $814,000 16E

5

CONCORD ADEX

Exchange Condos

exchangecondos.ca

•

12F

10 GREAT GULF

Twenty Lombard

416-499-8883

• from $543,000

16K

58 GREAT GULF

Monde

416-466-8885 •

• from $340,000

17E

60 CANALFA GROUP

Liberty Central by the Lake Two

416-537-0047

• from $320,000

11F

*TH: Townhomes, C: Condo

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

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

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

W

Fi

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647-692-8417 • 48

Lake

og

Scug

Page

Scugog

Manvers Finder

from $200,000 23C

King

Newcastle

Schomberg Eleven Superior

416-259-8882 •

from $311,000 23C Whitby

Oshawa

401

5

DAVIES SMITH

Hearthstone by the Bay

416-259-4466 • 24C

6

SCOLLARD DEVELOPMENT CORP.

Boathaus

boathaus.ca • from $198,000 22I

11 MATTAMY HOMES

Waterscapes

416-495-3544 • from $414,000 13B

18 MATTAMY HOMES

Riva Del Lago

647-347-5930

28 EMPIRE COMMUNITIES

Eau Du Soleil - Waterfront Condominiums

416-503-3328 • from $500,000

*TH: Townhomes, C: Condo

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

• from $806,000 24C

25B

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

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

waterfrontmaps: GTA

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Sid er

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20

ra

Rd

Builder

Site

17 PEMBERTON GROUP

Mills Square

46 THE DANIELS CORPORATION

Daniels City Centre

Telephone TH* C*

Price Range

pembertongroup.com • from $300,000

Page

Finder

Insert 18M

905-819-8889 • Insert 20L

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

#

1

VANDYK GROUP OF COMPANIES

The Craftsman

craftsmancondos.com from $310,000 21N

2

THE DANIELS CORPORATION

Olivia Marie Gardens

905-874-8880

3 CASTLERIDGE HOMES

The Clairington

905-793-0002 • from $230,000 16E

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

5

URBAN CAPITAL

M City

6

MATTAMY HOMES

The Residences of Creekshore Common

7

SYMMETRY DEVELOPMENTS

Lake & East Condominium Residences

lakeandeast.com • from $350,000 16S

9

EMPIRE COMMUNITIES

Empire Rain and Senses

905-845-7246 • 17Q

10 AMACON

The Residences at Parkside Village

905-273-9333 • 21K

11 ADI DEVELOPMENT GROUP

Station West

11 ADI DEVELOPMENT GROUP

The West Condominiums at Stationwest adidevelopments.com • from $190,000 5N

12 SPALLACCI HOMES

101 Locke Condos

13 GREAT GULF

The Chelsea

14 PEMBERTON GROUP

Rosedale Village Golf & Country Club 905-799-5000

15 ADI DEVELOPMENT GROUP

Link2 Condos+Lofts

905-592-2028 • from $225,000 5M

16 VANDYK GROUP OF COMPANIES

Windows on the Green

905-822-3333 from $410,000 19N

17 PEMBERTON GROUP

Downtown Erin Mills Condominiums 905-630-6300 • from $320,000 18M

17 PEMBERTON GROUP

Downtown Erin Mills Condominiums Tower 2

19 METROLY DEVELOPMENTS

The 6ixth

20 CARRIAGE GATE HOMES

The Berkeley Downtown Burlington

21 VALERY HOMES

Royal Connaught Phase II

royalconnaught.com • from $300,000 5N

21 SPALLACCI HOMES

Royal Connaught Phase II

royalconnaught.com • from $300,000 5N

30 PINNACLE INTERNATIONAL

Pinnacle Grand Park 2

905-276-3981 • from $266,000 20L

30 PINNACLE INTERNATIONAL

Pinnacle Grand Park

905-276-3981 • from $300,000 20L

34 PINNACLE INTERNATIONAL

Pinnacle Uptown

905-568-9000 • from $300,000 19K

47 THE DANIELS CORPORATION

ARC Daniels Erin Mills

905-306-6996 • from $300,000 17M

• from $200,000 14K

mcitycondos.com • from $220,000 20L mattamyhomes.com

• from $406,000 14R

adidevelopments.com • from $200,000 5N

101lockecondos.com

• 5N

905-844-1605 • from $220,000 16P •

• from $204,000 13F

905-603-6300 • from $320,000 18M

the6ixthtowns.com • from $300,000 16P theberkeleycondo.com

• from $340,000

5M

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

75

WhitechurchStouffville

A

East

M t A lbert Rd

Steeles Ave E

Site

13 LIBERTY DEVELOPMENT CORP.

Legacy Park

31 PEMBERTON GROUP

Yonge Parc

32 LIBERTY DEVELOPMENT CORP.

Royal Gardens

5

7 407

11 Concess ion R

14 Ave

10 Concess ion R

Rd

9 Line

n de Al

Town of Markham

34

Bullock D r Hw y 7

A ldergrove D r

Builder

3

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

8

7 17

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

#

Kennedy Rd

W arden Av e

404

45

407

404

St

18 Ave

16 Ave Carlton Rd

Ave

John

W oodbine

A ve

Clark Ave W

Elgin M ills Rd

M cCow an Rd

H w y.27

Leslie St

Leslie St

rn Strathea

13

Steeles Ave W

76

N ealD r

Centre St

Thornhill H enderson Av e

7 49407

16th Ave.

32

16

401

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4

31

Yonge St

1

Yonge St

43 10

Tow n of Oshaw a

401

404

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W eldrick Rd W

Key Maps

Tow n of W hitby

19 Ave

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7 Langstaff Rd 46

19th Ave.

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400

Bayview Ave

Rd

48

9

21 22 23 24 25 26

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41

11 40

2 15

Tow n of Ajax

City of Pickering

Jefferson Sideroad

19 Ave

ng Isli t nce S Clare Kipling Av e

50

407

M cCow an Rd

H untington

7

G

Keele St

Jane St

Stouffville Rd

E

Langstaff Rd

6

Bethesda Sideroad

M ajor M ackenzie

F

King Rd

Bloom ington Rd

Cr

Teston Rd

404

400

Pine Valley

D

N ashville Rd

Ave

W eston Rd

Cold Cree k Rd

Kirby Rd

Vandorf Sideroad Kennedy Rd

W oodbine

King-Vaughan Rd

C

M cCow an Rd

A urora Rd

W arden Ave

B

St John's Sideroad

47

Bloom ington Sideroad

9 Concession

Vivian Rd

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

Page

Finder

Markham

D enison St

Telephone TH* C* Price Range

905-731-8302 • 26 10G pembertongroup.com • 16

12F

905-889-9997 • 26

15F

1

LIBERTY DEVELOPMENT CORP.

Cosmos III Condominiums

2

ROYAL PINE HOMES

Hampton Place

cosmoscondos.ca • 6G

2

GERANIUM HOMES

Vista Flats and Towns at Cardinal Point

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

6

ARMOUR HEIGHTS DEVELOPMENTS

The Sorrento

8

WYVIEW GROUP

Unionville gardens

9

PEMBERTON GROUP

Indigo Condiminiums

royalpinecondos.com • from $390,000 9C geraniumhomes.com • from $390,000 9C

905-294-6161 from $340,000 23F 289-637-1777 • from $400,000 13B

unionvillegardens.com • from $200,000 18F 905-553-1430 • from $450,000 9E

10 GREAT LANDS CORP.

The Beverly Hills Resort Residences 905-882-6636

11 DUKA DEVELOPMENTS

Oggi Boutique Townhomes

• from $277,000 12E

15 GERANIUM HOMES

Pace on Main

16 PODIUM DEVELOPMENTS

University Studios

17 REMINGTON GROUP

York Condos Downtown Markham

905-948-9900 • from $650,000 1&F

31 PEMBERTON GROUP

Sky City

905-709-5700 • from $300,000 12F

31 PEMBERTON GROUP

Sky City 2

905-709-5700 • from $350,000 12F

32 45 CHARLES LTD.

Royal Gardens

905-889-9997 • from $303,000 15F

32 SIGNATURE COMMUNITIES

TAO Boutique Condos

905-597-2535 • from $364,000 15F

34 SIERRA HOMES

68 Main Street

905-305-0822 • from $250,000 21E

40 NOVA TRIMAX

Allegra

905-850-6866 • from $200,000 1F

41 QUADCAM DEVELOPMENT GROUP INC

Vista Parc Condominiums

905-850-8883 • from $200,000 3F

43 G GROUP DEVELOPMENT/GUIZZETTI CORPORATION

Grand Palace

905-907-4370 • from $250,000 12E

43 G GROUP DEVELOPMENT/GUIZZETTI CORPORATION

Grand Palace Phase I

905-907-4370 • 12E

43 G GROUP DEVELOPMENT/GUIZZETTI CORPORATION

Grand Palace Phase II

905-907-4370 • from $250,000 12E

44 LIBERTY DEVELOPMENT CORP.

Centro Square Condos

905-851-8887 • 5F

45 KYLEMORE COMMUNITIES

The 6th Angus Glen

46 PLAZA

The Met

47 TREASURE HILL HOMES

Urban Town Living in Pickering

treasurehill.com

48 THE GUPTA GROUP

Icona Condominiums

theICONA.COM • from $290,000 6G

49 CORTEL GROUP

Nord Condos

oggitowns.com • from $320,000 1G 905-591-1071 • from $370,000 10C universitystudios.ca • from $150,000 25 B

905-887-9950 • from $625,000 19E pureplaza.com • from $660,000 6F • from $390,000 16A

nordcondos.ca • from $320,000 9F

*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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Canadian

PROPERTY INVESTOR

大多倫多版 / GREATER TORONTO AREA EDITION

-O PULL UT SEC AL TI CI

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SP E

EASTERN ONTARIO EDITION

spotlight on condos

VOLUME 1, ISSUE 1, 2016 FREE

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FEATURING DO M

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INVESTOR DNA

DO YOU HAVE WHAT IT TAKES? MAKING THE GRADE

SCORING AN A+ ON STUDENT HOUSING

Live a Village Lifestyle

THE SAFEST CITIES IN CANADA

HOW TO

SPOT THE NEXT ‘IT’ NEIGHBOURHOOD

AFTER THE SHOW HOCKEY WIVES’ KODETTE LABARBERA TRANSITIONS TO INVESTMENT ARENA

完美家園應有的規範.

INSIDE THIS ISSUE

CUSTOM HOMES: THINK OUTSIDE THE BOX

SAFE & SECURE: HOW TARION PROTECTS YOUR DEPOSIT

BUILDING INDUSTRY CALLS FOR TASK FORCE ON AFFORDABILITY

SUMMERLYN VILLAGE | GREAT GULF

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

本期內容

美國人不會搶購 加拿大物業的三個原因

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

額外套間現已 正式成為新常態

50 TOP 50 PLACES TO INVEST IN

CANADA

+

EXPERT ADVICE: FROM DON CAMPBELL

RESULTS ARE IN!

大多倫多房屋售價 正向周邊的城市擴散

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

RODEO SUITE | LANTERRA DEVELOPMENTS

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

2017 Model Home Cal TCG_Cover.indd 1

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APRIL 1 - 15, 2017 | NEW CONDO GUIDE 77

INDEX OF ADVERTISERS Biddington Homes - Vita On The Lake

Camrost - Felcorp - Blue Diamond at Imperial Plaza

BC

1

Madison Group - Nobu Toronto

35

Marlin Spring - West Beach

41

BC

Canadian Property Investor - Promo

57

Mattamy Homes - Vita On The Lake

ComFree - Promo

61

Menkes Developments Inc. - 365 Church

Insert

Cresford Development Corp. - CASA II

IBC

Menkes Developments Inc. - 87 Peter

Insert

Cresford Development Corp. - CASA III

IBC

Menkes Developments Inc. - Fleur

Insert

Menkes Developments Inc. - Harbour Plaza

Insert

Cresford Development Corp. - Corporate

80 & IBC

Cresford Development Corp. - Halo Residences on Yonge

IBC

Menkes Developments Inc. - The Eglinton Yonge at Heart

Insert

Cresford Development Corp. - The Clover on Yonge

IBC

Pemberton Group - Corporate

Insert

Cresford Development Corp. - VOX

IBC

Pemberton Group - Mills Square

Insert

ELAD Canada - The Peak Emerald City

21

Pemberton Group - Yonge Parc

16

Family of magazines - Promo

77

Pinnacle International - Pinnacle Etobicoke

Focalpoint - Promo

65

Plaza - Corporate

Great Gulf - Home Power + Adelaide

5

3

15

Plaza - Plaza Midtown

14-15

Lamb Development Corp. - Wellington House

19

Sick Childrens Hospital - Promo

24-25

Liberty Development Corp. - Legacy Park

26

The Daniels Corporation - Daniels City Centre

Insert

Liberty Development Corp. - Royal Gardens

26

The Daniels Corporation - Lighthouse East Tower Condominium Residences

Liberty Development Corp. - Wish Condos

27

Tridel Corporation - Via Bloor 2

Liberty Development Corp. - World on Yonge

26

Urban Capital - Harris Square

29

Lindvest - Super Sonic

13

YP Next Home - Promo

79

9

IFC

LOOKING FOR A NEW HOME? we can help!

Brand new name, same great app.

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

DOWNLOAD THE APP APRIL 1 - 15, 2017 | NEW CONDO GUIDE 79

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

COMING SOON

residences on yonge

CRES 51259 Condo Guide DPS March 2017.indd All Pages

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

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

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

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

Casa III Yorkville | Under Construction Signature Penthouses from $923,900 Lobby to be furnished with Hermés 416.486.CASA (2272) casacondominium.com

Casa II Yorkville | Move in Now Signature Penthouses from $1,999,900 Furnished by MissoniHome 416.486.CASA (2272) casa2condominiums.com

Signature Collection suites offer extraordinary views inside and out.

Expansive windows flood your space with dazzling natural light. Here, there’s no overlooking the exquisite detailing to be admired in every handcrafted corner of your Tridel Signature suite. Discover a higher lifestyle in spacious plans beginning from 950 sq. ft. Found on the upper floors of Via Bloor 2, a stunning 45-storey tower, you’ll be presented with breathtaking panoramas of Rosedale Ravine and your downtown Toronto neighbourhood.

EIGHT DECADES OF HOME BUILDING. OVER 80,000 HOMES BUILT. TRIDEL COMMUNITIES ARE BUILT GREEN. BUILT FOR LIFE.® ©Tridel 2017. ®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 and logos are Trademarks of their respective owners. All rights reserved. Illustrations are artist’s concept only. Building and view not to scale. *Specifications subject to change without notice. E.&O.E. April 2017.

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PRESENTATION CENTRE 4800 Dufferin Street, Entrance B, Toronto 416.649.2500

tridel.com

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2017-04-03 9:27 AM

VITA TWO Coming This Spring.

L i fe u nc om pl i c a t e d .

LIFE IS ABOUT TO BLOSSOM. At Vita, it’s a four seasons world with Spring adding a breath of fresh air to life on the lake. Savour a delicious and colourful meal at a lakefront restaurant. See what’s blooming in the park or just watch the stars and bright city lights from your balcony. Spring is here. It’s time to grow closer to what truly matters at Vita.

Visit us today at 2167 Lake Shore Blvd. West

LAKE SHORE BLVD W

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647.347.5930

MARINE PARADE DR

From the low $600’s.

MATTAMYHOMES.COM Prices, specifications and promotions are subject to change without notice. E. & O.E. Illustration is artist’s impression.