Apr 26 - May 10, 2014 Volume 18 Issue 09
COMING SOON A MASTERPIECE IN YORKVILLE.
All images are artist concept.
INSIDE INSIDE THIS THISISSUE ISSUE
BUYVOLORER NEW CORUM AND INCTUR BUY NOW! IAEPERO
MAKE YOUR MOVE SALES OBIS AUT QUI ODIS EX LAB IUMHIGHRISE ACES QUISQUIS CLEANER GREENERQUI CUSA SOAR THEODIT GTA PLIQUAS VOLO AND IUR REM QUEINNUS
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RESIDENTIAL LOBBY VIEWED FROM AVENUE ROAD
THIS IS
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CO M I N G SO O N . A N E W S I G N AT U R E R E S I D EN C E AT C U M B ER L A N D A N D AV EN U E ROA D I N YO R K V I L L E F R O M $ 3 49, 9 0 0.
A MASTERPIECE IN YORKVILLE. P R E V I E W R E G I S T R AT I O N | C U M B E R L A N D T OW E R . C O M PRICES AND SPECIFICATIONS SUBJECT TO CHANGE. E.&O.E. BROKERS PROTECTED. RENDERING CONTAINS IMAGE OF SCULPTURE BY JEUME PLENSA WHO ALONG WITH OTHER INTERNATIONALLY RECOGNISED SCULPTORS HAS BEEN SELECTED TO SUBMIT ART PROPOSALS FOR SCULPTURES TO GRACE THE CUMBERLAND TOWER SCULPTURE GARDEN. ALL IMAGES ARE ARTIST CONCEPT.
editor’s note
Inspiration, and a few surprises await
Susan Legge
Editor-in-chief
Wall2Wall Media Susan.Legge@wall2wallmedia.com Follow me on Twitter at Twitter.com/SusanLegge Like us on Facebook Search: Condo Guide
Want to get a feel for what’s hot in the world of technology and design this year? All you have to do is visit today’s gorgeous model suites and take a look around. You’re sure to be inspired and surprised. Shopping for a new condominium is a great opportunity to see the latest technology and decorating trends while comparing features and finishes of different projects. Models bring floor plans to life, helping you envision what life might be like after you paint the white walls in the latest designer colours and set up your home office with all the latest gadgets and gizmos. In terms of furnishings, a walk through any model home will prove that there is plenty of cutting-edge creativity being applied to models today. From simple suites to extravagant penthouses – inspiration and a few surprises await you. Speaking of “extravagant,” you’ll have noticed that this issue of New Condo Guide is polybagged with our spring issue of Luxury Living. From market news, trend talk and a Q&A with seven top home designers, enjoy this sneak peek into the world of luxury real estate.
29 times, and still going? The Bank of Canada recently pegged the trend setting interest rate at one per cent – for the 29th time in a row. It’s great news if you’re in the market for a new home and mortgage, but how long can this last? Experts predict interest rates will stay put until at least mid-year, but don’t take their word for it. If you’re considering buying a home, get pre-approved for a mortgage while rates are still low. This locks you in at the current low rate for between 90 and 120 days while you shop without the worry of rate increases in the short term. Aside from that peace of mind, do your due diligence and get the financial facts before you sign on the dotted line. Canada Mortgage and Housing Corp. offers some tips to help you manage your mortgage:
Lydia McNutt
Editor
Wall2Wall Media Lydia.McNutt@wall2wallmedia.com Follow me on Twitter at Twitter.com/LydiasTweets
» Calculate what you can afford. Your monthly housing costs (mortgage principal and interest, taxes, utilities and monthly condo fees) shouldn’t exceed 32 per cent of your gross monthly income. Your entire monthly debt load (including housing costs, car loans, credit card payments, etc.) shouldn’t exceed 40 per cent of your gross monthly income. » Don’t spend the maximum you can afford. It’s wise to set aside some savings for a rainy day. » Choose the shortest amortization period. This will increase your monthly payments but can also save a small fortune in interest payments over the life of your mortgage. » Stress-test your mortgage at a higher rate. If you can still afford to make all your payments, you’re sitting pretty when rates do finally rise.
THIS RARE OPPORTUNITY IS ABOUT TO BECOME HISTORY.
TAKE YOUR EXPRESS ELEVATOR HOME. Welcome to the Private Residences atop Imperial Plaza. An iconic building in a coveted Forest Hill location, clad in limestone with impeccable granite and marble detailing, rich in historical perspective and timeless in elegance. Majestic suites with up to 6000 sq. ft. of grand living space, ceiling heights that soar 10’ and higher, and with breathtaking views of the city. A dedicated express elevator, private elevator lounge, private fitness club and 24 hour concierge allow your everyday to unfold with grace. Move in this year!
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IMPERIALCONDOS.CA 416.925.2501 Exclusive Listing Brokerage Milborne Real Estate Inc. Brokers Protected. Prices and specifications are subject to change without notice. Illustrations are artist concept. E.&O.E.
APR 26 - MAY 10, 2014 NEW CONDO GUIDE 003
new condo guide
contributors
Vice-President, Wall2Wall Media
Jacqueline Hill Editor-in-Chief / Director of Content
Susan Legge Director of Sales, National
Josh Heppner Associate Publisher SWO New Homes & Lifestyle Communities
Susan Maxwell Art Director
Sarah Jang Editor
Lydia McNutt Contributing Editors
BILD Report
Legally Speaking
Designer Advice
Bryan Tuckey
Jayson Schwarz
Yanic Simard
Bryan Tuckey is president and CEO of the Building Industry and Land Development Association (BILD) and can be found on Twitter (twitter.com/bildgta), Facebook (facebook.com/ bildgta), Youtube (youtube.com/bildgta) and BILD’s official blog (bildblogs.ca).
Jayson Schwarz LL.M is a Toronto real estate lawyer and partner in the law firm Schwarz Law LLP. Visit the website at schwarzlaw.ca or email info@schwarzlaw.ca.
Yanic Simard is New Condo Guide’s design editor and the principal designer of the Toronto Interior Design Group, specializing in residential and commercial projects. Simard has created designs for clients in Toronto, Montreal and Miami, and appears as a regular guest expert on Citytv’s CityLine. Visit tidg.ca
Sara Duck Wayne Karl Elisa Krovblit Design Editor
Yanic Simard
Sales Manager
Conni Robinson Senior Account Executive
Dionne Fraser dionne.fraser@wall2wallmedia.com Senior Account Executive
Nina Downs nina.downs@wall2wallmedia.com
Sales & Marketing Co-Ordinator
Terry Bassett Administrative Assistant
Antoinette Jackson Production Manager
Bala Gnanapandithan Production Co-Ordinator
Sandra Hanak-Vujnovic OHBA Report
Condo pro
Industry Insider
Joe Vaccaro
Barbara Lawlor
David Hirsh
Joe Vaccaro is the chief executive officer of the Ontario Home Builders’ Association, which represents 4,000 member companies organized into a network of 31 local associations across the province. Together they build 80 per cent of the new housing in Ontario. ohba.ca
Barbara Lawlor is president of Baker Real Estate Inc., and an in-demand columnist and speaker. A member of the Baker team since 1993, Barbara oversees the marketing and sale of condominium developments in the GTA and overseas.
David Hirsh is president and CEO of Brandy Lane Corp. David prides himself on his creative hands-on approach to all stages of the development and building process. The company’s newest communities are Wyldewood Cove in Collingwood, and coming soon, The Davies, at Avenue Road and Cottingham. Visit BrandyLaneHomes.com.
Graphic Designers
Caroline Wassef Sandra Hanak-Vujnovic
Published By
#500-401 The West Mall Etobicoke, On M9c 5j5 T 416.626.4200 F 416.784.5867
Call 416.626.4200 for advertising rates and information. Circulation Free distribution in select high-traffic street boxes, stores, banks, financial institutions and select condominium sales offices. Copyright 2014 All rights reserved by Wall2Wall Media. Reproduction in any form is prohibited. Contents of this publication are covered by copyright and offenders will be prosecuted under the law. Terms Advertisers, editorial content and new condo guide are not responsible for typographical errors, mistakes or misprints. All prices are correct as of press time and are subject to change without notice. E. & O. E. Editorial submissions from interested parties will be considered. Email to susan.legge@wall2wallmedia.com. The views and data expressed by columnists do not necessarily represent those of the publication. Advertising
City Scene
Brad J. Lamb Brad J. Lamb is president of Lamb Development Corp. and Brad J. Lamb Realty. Over the last 25 years he has successfully led the marketing and sales programs for over 100 condominium projects in Toronto, Ottawa, Montreal and most recently Calgary. Visit torontocondos.com or follow Brad on Facebook, Instagram and Twitter @BradJLamb
money matters
Investor Advice
Gail Vaz-Oxlade is the host of Til Debt Do Us Part, author of Debt Free Forever and blogs daily at gailvazoxlade.com. Follow Gail on Twitter at twitter.com/GailVazOxlade
Andrew la Fleur is an award-winning realtor with Re/Max. Andrew’s expertise is in helping investors make money in the Toronto condo market. Visit TrueCondos.com/ NewCondoGuide for a free gift. Contact Andrew at 416.371.2333 or andrew@truecondos.com
Gail Vaz-Oxlade
004 new Condo Guide apr 26 - may 10, 2014
Andrew la Fleur
Please recycle this magazine! Wall2Wall Media participates in the Partners in Growth Reforestation Program through St. Joseph Communications. To date, Partners in Growth has planted over 2.5 million trees in parks, recreation and conservation areas, and other public spaces across Canada. Established in 1990, this program was started with Scouts Canada to help replenish the environment.
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PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. E. & O.E. RENDERING IS ARTIST’S CONCEPT ONLY.
APR 26 - MAY 10, 2014 NEW CONDO GUIDE 005
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APR 26 - MAY 10, 2014 NEW CONDO GUIDE 007
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APR 26 - MAY 10, 2014 NEW CONDO GUIDE 009
bild report
OMB makes sound and
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).
T
he Ontario Municipal Board (OMB) doesn’t get enough credit for the key role it plays in the development approval process. The board provides an impartial, independent tribunal that is responsible for handling appeals of land-use planning disputes. It is removed from local political pressures and renders decisions in the broader public interest based on sound planning principles. BILD fully supports the role of the board as an evidence-based body. According to the City of Toronto, only four per cent of all land-use applications go to the OMB and we feel that it does a good job in handling those disputes. It’s important to note that OMB decisions are based on evidence provided by expert witnesses. This ensures that long-term public policy objectives, rather than short-term political judgments, are observed. 010 new Condo Guide apr 26 - may 10, 2014
// By bryan tuckey
fair decisions This is an important issue now, because the City of Toronto staff is considering how to create a Local Appeal Body (LAB) with locally appointed officials handling disputes. Our industry feels that shouldn’t occur until municipalities have operational experience. In a letter to the City, BILD has recommended that it does not proceed with a LAB because it would cost too much and could involve conflicts of interest, as the board members would be appointed by council. City staff estimate that creating a LAB would cost $1.75 million per year, and that some of the costs would be paid through property taxes. To recover all costs of the LAB, it would cost about $6,000 per appeal application. It costs $125 to file an appeal to the OMB. The OMB works, so why try to replace it? This is one of the arguments we made in our submissions to the province for its public consultations into the Development Charges Act and the Land Use Planning and Appeals System. So, what does this mean for you? Despite what you may have read about the OMB, today many of the board’s decisions have resulted in celebrated projects across Toronto. These success stories include the Distillery Historic District, 18 Yorkville, One Bedford and The Kings (King and Parliament, and King and Spadina). These five developments would not be what they are today without the decision-making of the OMB, and they have helped Toronto become a world-class city.
It’s important to note that OMB decisions are based on evidence provided by expert witnesses. This ensures that long-term public policy objectives, rather than shortterm political judgments, are observed. Contrary to the strong media perception that the OMB most often sides with developers, independent research by a leading expert on public policy, Aaron A. Moore, found that the OMB most often favours expert testimony of municipal planners, as they are considered to have greater autonomy than their private sector counterparts. This is why the professional opinions of municipal planners are a critical component to the decision-making process. It is an important planning principle to build complete communities and to do that, a land owner interested in participating has to research and study what the neighbourhood looked like in the past, what it looks like in the present and what it could be in the future. But as a model for handling appeals of land-use planning disputes, we think the OMB works just fine.
an iconic address takes root
CONDOMINIUMS ON WELLESLEY BETWEEN BAY & YONGE FROM $199,900 It’s time for something different. Introducing 11 Wellesley. It’s a landmark condominium community on a lush and abundant city park, where you can easily connect, thrive, and flourish. Steps to the subway, in the heart of Toronto, on Wellesley between Bay & Yonge, you can coexist with the simplicity of nature. It’s a magnificent refuge that links the electricity of city living with the beauty of a substantial and spectacular park setting. Stunning suites, impressive amenities, and unparalleled views in every direction. Live Well.
REGISTER FOR A PRIORITY PREVIEW AT 11WELLESLEY.COM 416-861-1111 Exclusive Listing Broker Milborne Real Estate Inc. Brokers Protected. Marketing Management by Anne Lambrou Living Visions Inc. Prices and specifi cations subject to change without notice. Illustrations are artist’s concept. E.&O.E.
APR 26 - MAY 10, 2014 NEW CONDO GUIDE 011
table of contents
Apr 26 – May 10, 2014 volume 18 issue 09
20
Camrost Felcorp presents Yorkville Plaza II:
Cumberland Tower
78
columns, news & features 002 Editor’s note Columnists
010 bild report OMB makes sound and fair decisions by bryan tuckey
014 Mortgage Finesse Credit and debt management by Calum Ross
033 Investor Advice Should you invest in a new condo? by Andrew la Fleur
034 legally speaking New-home purchases and HST
by jayson Schwarz & Konstantine Chatzidimos
036 OHBA Report Five great reasons to buy a brand new condo by Joe Vaccaro
044 Home Sweet Home Here’s our list of demands
066 Money Matters How to be debt-free forever
050 Fundamentally Speaking How to avoid your own moving horror story
070 Tarion Report Inspect your new home carefully before you move in
by Lydia McNutt
by Wayne Karl
052 Taxing Issues Buy a home when you’re ready
by Henry Choo Chong
058 Condo Pro Condos: A first choice for a first home by barbara Lawlor
064 Industry Insider Your handy new-home shopping top 10 list by David Hirsh
by Gail Vaz-Oxlade
by Howard Bogach
078 Designer Advice The tile file by Yanic Simard
086 In The City Why I think interest rates are going nowhere by Brad J. Lamb
102 Make Your Move Five tips for a cleaner, Greener move by Chuck Resnick
104 Quick Tips Disciplined delegator, or drill sergeant?
by Hellen Buttigieg
40
condo profiles
40
Great gulf
Multi site Live greatly with Great Gulf
60
Fieldgate Homes
72
90 Niagara Tour the fully decorated designer model suite at Niagara and Bathurst
60
72
Easton’s Group
Dundas Square Gardens Old Toronto reborn with rise of Dundas Square Gardens
92
Tridel & Beaux Properties
120
In The News
016 Monarch Corp. Riva del Lago welcomes spring with grand opening on the waterfront 018 Condo Outlook GTA highrise sales soar 038 Tarion Awards New home builders presented with awards for customer service excellence 048 Bank of Canada Bank of Canada maintains overnight rate target at 1% 068 Edilcan Good things come in threes at Valhalla 076 Streetcar Developments The Taylor Lofts in Leslieville celebrates grand opening
92 084 RBC Economics Ontario’s economy poised for growth in 2014
088 condo watch 416 Previews, new releases and grand openings in the 416
089 Doors Open Toronto Explore the secrets and spirits of Toronto’s sites
112 condo watch 905 Previews, new releases and grand openings in the 905
100 Shiu Pong Celsius Condominium has reached the top!
116 Style File The humble chair
122 Forest Green Homes Streetsville welcomes Kingsmill, new community by Forest Green Homes
118 condo hunter’s Checklist
Homebuyers’ Help
030 Hot Topic Four reasons to choose a Green home 032 Hot Dates What’s happening in and around the GTA
by Laura Stein
129 Condo Buyers’ Resource Section You love the home, see what you can afford 134 Index of advertisers
101 Erskine Grand opening of The Lanes at 101 Erskine gives you the condo experience, ‘from the ground up’
120
Castleridge Homes
The Clairington Luxurious park-side condos are coming where Brampton meets Woodbridge
mortgage finesse
// by Calum Ross
Credit & debt management Consumer debt is a major issue in North America. The concept of keeping up with the Jones’ has destroyed both people’s financial health and their personal lives. What I am here to tell you is that you don’t need to fall into this trap!
Calum Ross is senior vice-president and practicing mortgage agent with The Mortgage Centre. He has appeared on Canada AM, Investment Television, BNN and Citytv. He holds an MBA in finance and is an accredited mortgage professional. He can be reached at 416.410.9905.
A
s the credit system continues to evolve in Canada, consumers are getting increasingly confused with a greater variety of credit products from a greater variety of financial institutions. In fact, the average Canadian gets more correspondence from financial institutions than they do from family and friends combined. (What have we come to?) To further complicate matters, institutions are granting c redit to consumers at a pace never seen before. The combination of increasingly sophisticated marketing techniques to consumers coupled with more and more available credit truly becomes too much temptation for many people to bear.
014 new Condo Guide apr 26 - may 10, 2014
Here are some simple guidelines that will prevent you from becoming yet another consumer credit victim: 01 Control spending by knowing exactly where every dollar goes. Tracking your spending habits in detail periodically will enlighten you in ways that you never considered. While doing this on a monthly basis is not realistic, try to do this in detail for at least one month a year. H elpful tip If you and your spouse spend $3 per day on coffee, this totals $1,095 per year. Depending on your tax bracket, this amount could represent over $2,000 in pre-tax income. Is the free coffee at your office that bad? 02 Watch your liquidity closely. Liquidity refers to your ability to pay your short-term debt obligations. Watching what available funds you have to pay upcoming debt obligations is fundamental to avoiding credit problems. H elpful tip Think carefully before using purchase programs that require no payments for a set period. If you can’t afford to pay for it now, should you buy it? 03 Develop a realistic budget and live by it always. A good budget must have
specific financial goals with a clearly defined time horizon. Be sure to take into account all of your payments, including loans, utilities and dry cleaning. If you pay for it monthly, it should be allocated in your budget. You can’t be too detailed. Most financially successful people are excellent financial planners. They have investment plans, loan repayment plans and a clear idea of how much time they need before they can purchase big-ticket consumer items. Helpful tip Also be sure to budget for some kind of treat on a periodic basis. All work and no play often results in failure. While these rules seem fairly simple, they are a little like a diet – easy to start but tough to follow through. Despite popular opinion, material items will not bring you happiness. While it may not seem like it today, forgoing that purchase to save for your child’s education (or your retirement) may make you feel a lot better in the long run (despite what the commercials may lead you to believe). Until next time – happy home and mortgage hunting.
ASK ABOUT
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Already under construction, One Park Place South Tower is the newest addition to the internationally recognized and award-winning Regent Park revitalization. Offering incredible views of Lake Ontario as well as the city skyline and situated just steps from some of the city’s hottest new amenities including Daniels Spectrum, the Aquatic Centre and a soon to open 6-acre park, as well as shopping, restaurants and the convenience of the TTC, One Park Place South Tower is the ONE place to be in downtown Toronto.
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SUITES FROM
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*The First Home Boost Program is only available on a limited number of suites. Conditions apply. Exclusive Listing: CityLife Realty Ltd. Brokerage. Brokers Protected. Illustrations are artists concepts. Prices and specifications are subject to change without notice. E.&O.E. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without prior written permission of The Daniels Corporation, is strictly prohibited.
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DOWN
in the news
Riva del Lago welcomes spring with grand opening on the waterfront Monarch recently hosted a grand opening event
for their boutique condo, Riva del Lago. Prospective residents gathered in Monarch’s sales office to enjoy some snacks and beverages while browsing floor plans and model rooms. Located at 2151 Lake Shore Blvd. W., Riva del Lago is Monarch’s seventh contribution to The Humber Bay Shores’ waterfront area. Riva del Lago’s location is a huge draw for those looking to buy. The 14-storey condo will stand on a fivestorey podium allowing for a great view of the lake and Toronto’s skyline. Residents will have the luxury of living directly across from the Martin Goodman Trail, a 56-kilometre path system that runs along the shoreline. Its location also offers the best of both worlds; placed right in the heart of a flourishing neighbourhood, Riva del Lago enjoys a suburban feel while being just minutes away from downtown Toronto.
The condo also has some great amenities. It will feature a beautifully designed two-storey lobby, a party room with a bar that opens to a private terrace, a big-screen theatre for private screenings and an underground car wash. For all the dog lovers out there, the condo is extremely petfriendly. There will be a separate lobby consisting of a ‘Pet-Tie Wash” – an exclusive room to clean off your pets after a stroll outside. If you’re looking to go Green, the building will support an eco-friendly lifestyle. Monarch has integrated several environmental initiatives to help reduce the building’s energy consumption such as individually controlled heating and air conditioning systems and Energy Star-rated appliances. Suites start from the low $300’s and residents will start moving in toward the end of 2016. For more information, visit monarchgroup.net.
016 new Condo Guide apr 26 - may 10, 2014
NOW OPEN
ON THE WATERFRONT Visit
MONARCHGROUP.NET
GRAND OPENING SPECIAL PROMOTIONS!
Renderings are artist’s concept and images are for mood and impression only. E.&O.E.
Riva is making a splash on the Humber Bay Shore’s waterfront. Private, personal boutique chic. This is Riva del Lago! A personal, private, refined condominium residence right on the waterfront. Glorious views. Spacious suite designs. All on a scale that connects you to the waterfront. Because Riva is not like the rest.
Visit MonarchGroup.net *Prices, specifications and promotions are subject to change without notice. Rendering is artists’ concept and image is for mood and impression only. E.&O.E.
GARDINER EXPRESSWAY Park Lawn Rd.
Waterfront Boutique Condos from the $300’s*
Lake Shore Blvd. W
Sales Centre Marine Parade Dr. Lake Ontario
Sales Centre located at 2167 Lake Shore Blvd. W. Etobicoke, ON M8V 0A8 416-495-3544
MONARCH COMMUNITIES ETOBICOKE WATERFRONT | RIVA DEL LAGO | NOW OPEN | FROM THE $300’s Sales Centre located at 2167 Lake Shore Blvd. W. 416-495-3544
ETOBICOKE WATERFRONT | LAGO | UNDER CONSTRUCTION | FROM $219,990 Sales Centre located at 2167 Lake Shore Blvd. W. 416-495-3544
ETOBICOKE WATERFRONT | WATERSCAPES | UNDER CONSTRUCTION | FROM $399,990 Sales Centre located at 2167 Lake Shore Blvd. W. 416-495-3544
THE KINGSWAY | EPICUREAN | NOW OPEN | FROM $241,990 Sales Centre located at 4195 Dundas St. W. Entrance on Prince Edward Dr. 416-495-3530
MARKHAM | GARDEN COURT | UNDER CONSTRUCTION | FROM THE $400’s Appointment Only 416-495-3595
DOWNTOWN TORONTO | PICASSO | UNDER CONSTRUCTION | FROM THE $400’s Sales Centre located at 256 Queen St. W. 416-495-3549
SALES CENTRE HOURS: Mon.- Thurs. 12pm - 6pm, Weekend & Holidays 12pm - 5pm, Closed Fridays
discover more
MonarchGroup.net Prices, specifications and promotions are subject to change without notice. E.&O.E.
first.
Monarch first. In the Kingsway
You’re ready for The Kingsway and the many comforts of Etobicoke’s most prestigious address. Experience assured elegance just a short stroll from the Humber River Valley, minutes from a world of shops, services and restaurants. At a price that will make you visit Monarch first. Studios to 2 bed+dens from 430 sq.ft. to 1175 sq.ft., some with large terraces! Priced from the mid
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ASK ABOUT OUR LIMITED TIME INCENTIVES
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Royal York Rd.
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Islington Ave.
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Bloor St.
BUILDING LOCATION
Jane St.
St. Dundas
EPICUREAN SALES CENTRE 4195 Dundas Street West (Entrance on Prince Edward Dr.) Etobicoke, ON Tel: 416-495-3530 SALES CENTRE HOURS: Mon.- Wed. 12pm - 6pm, Weekend & Holidays 12pm - 5pm Closed Thursdays & Fridays
discover more
MonarchGroup.net *Limited time only. Some conditions apply. Please ask a sales representative for full details. Prices, specifications and promotions are subject to change without notice. Renderings are artist’s concept and images are for mood and impression only. E.&O.E. 9379
in the news
GTA highrise sales soar
New-home buyers in the GTA have benefited from a significant increase in new highrise project launches so far this year
Sales of highrise condominiums in the GTA have surged in the first quarter of 2014, the Building Industry and Land Development Association (BILD) announced recently. According to RealNet Canada Inc., BILD’s official source for newhome market intelligence, new-home purchasers across the GTA have made the year’s first quarter the strongest in the last decade. The region has experienced eight consecutive months of year-over-year increases in total sales. Highrise sales in the first three months of the year have risen 68 per cent from 2013 – a sign that consumer confidence in the condo market has returned. So far this year, 2014 has seen the strongest January and March when it comes to highrise sales in the last decade. “New-home buyers in the GTA have benefited from a significant increase in new highrise project launches so far this year,” says BILD president and CEO Bryan Tuckey. “These projects have presented consumers with plenty of options when it comes to finding their new home. “The building industry is committed to building homes people can afford to purchase. Our members have been heavily focusing on assisting purchasers with deposit and rental guarantee programs.” The lowrise sector also saw a significant increase – up 56 per cent over March 2013 and 51 per cent over the previous year’s first quarter. The RealNet New Home Price Index showed a three-per-cent increase in the lowrise sector over March 2013, bringing the average purchase price of a detached, semi or townhome in the GTA to $657,961. Pricing for highrise homes increased two per cent to $436,898. March ‘14 Lowrise Highrise Total Region
2012
2013
2014
2012
2013
2014
2012
2013
Durham
262
188
249
13
3
4
275
191
2014 253
Halton
238
96
186
121
130
120
359
226
306
Peel
593
328
585
326
65
32
919
393
617
Toronto
115
31
30
1,428
846
2,109
1,543
877
2,139
York
617
343
581
195
175
231
812
518
812
GTA
1,825
986
1,631
2,083
1,219
2,496
3,908
2,205
4,127
Jan-Mar
4,559
2,632
3,966
3,788
2,960
4,962
8,347
5,592
8,928
Source: RealNet Canada Inc. With more than 1,400 members, BILD, formed through the merger of the Greater Toronto Home Builders’ Association and Urban Development Institute/Ontario, is the voice of the land development, home building and professional renovation industry in the Greater Toronto Area. BILD is proudly affiliated with the Ontario and Canadian Home Builders’ Associations.
018 new Condo Guide apr 26 - may 10, 2014
CO NST RUC TION STA RTIN G THIS SPRIN G
Condominium Residences at Yonge and Eglinton Direct subway access - Starting from the $300’s
ECONDOS.CA Presentation Office located at 2300 Yonge Street, Lobby
@BazisInc
Prices and specifications are subject to change without notice. E. & O.E.
416.243.8688 APR 26 - MAY 10, 2014 NEW CONDO GUIDE 019
cover story
CAMROST FELCORP OFFERS THE YORKVILLE TORONTO KNOWS AND LOVES Yorkville Plaza II: Cumberland Tower at Avenue and Cumberland Historically, Torontonians have come to associate the Yorkville neighbourhood with its lane ways,
boutiques and fine dining restaurants. In recent years, marketers have tried to expand the neighbourhood and the boundaries of this iconic area’s brand, however, the real Yorkville sits between Cumberland Street and Yorkville Avenue, Avenue Road and Bay Street. Here, within the heart of Yorkville, is a new condo development from Camrost Felcorp, called Yorkville Plaza II: Cumberland Tower. Following the success of the first phase, The New Residences of Yorkville Plaza (already 92 per cent sold), Yorkville Plaza II: Cumberland Tower is set to bring the ultimate in luxurious Yorkville living to its purchasers. Offering buyers a landmark location in one of Toronto’s most coveted neighbourhoods, this condo residence is just steps from high-end Bloor Street shopping, Whole Foods Market, the ROM, University of Toronto, and an array of gourmet restaurants and eateries. Camrost Felcorp’s president and CEO, David Feldman, attributes an enviable location and luxurious offerings as the two key factors that will drive Yorkville Plaza II to succeed. “Yorkville Plaza II will incorporate the latest design principles with thoughtfully laid out interiors, beautiful landscaping, top-notch amenities and state-of-the-art security systems,” says Feldman. “We are truly offering purchasers the best that Toronto has to offer.” Standing at 40 storeys, the WZMH-designed limestone, granite and glass tower will boast 272 suites in the Tower Residences (floors four to 25), ranging from one-bedroom (385-sq.-ft.), to twobedroom-plus-den (855-sq.-ft.) designs. 020 new Condo Guide apr 26 - may 10, 2014
Yorkville Plaza II will incorporate the latest design principles with thoughtfully laid out interiors, beautiful landscaping, top-notch amenities and state-of-the-art security systems With Tower Residences starting at $350,000 and ranging up to $750,000, Camrost Felcorp has ensured buyers a wide array of price options. Suites will boast expansive floor-to-ceiling windows and tall smooth-finished ceilings, as well as an array of high-end materials including high-quality laminate plank flooring. Gourmet kitchens will offer custom-designed cabinetry with stone countertops, premium Miele appliance package, complete with four stainless steel Miele appliances fully integrated into kitchen cabinetry, and a single stainless steel under-mounted sink with a single-lever pull-out faucet. Spa-like bathrooms will feature porcelain tile floors, a luxurious white soaker tub and separate frameless glass shower stall, and a stylish vanity mirror with integrated lighting. “The beauty of this project is that with every residential suite comes the same level of luxury,” assures Feldman. “From the stunning suite features
and finishes, to the spectacular services and amenities in the building, each resident will be able to enjoy the building to the fullest.” Greeting residents as they arrive will be the sweeping porte cochere driveway, complete with an avant-garde art installation in the Sculpture Garden, while the lobby, lounge, and amenity spaces will exude elegance and sophistication. A reception lounge and dining room will be perfect for entertaining, with access to the outdoor terrace, complete with a modern gas barbecue, an outdoor kitchen and an enchanting water feature. Guests staying the night will be able to reside in one of the well-appointed two guest suites. Fitness enthusiasts will be able to work out in the fully equipped, state-of-the-art fitness auditorium, while residents looking to either take a refreshing dip or lounge in the sun can do so at the Aquatics Centre, which will include an indoor pool and whirlpool spa, with a walkout to the gorgeous outdoor sun deck and lounge. A coveted Yorkville location, superb suite design and unparalleled amenities, Yorkville Plaza II: Cumberland Tower is truly a once-in-a-lifetime chance to be part of something special. For more information on Yorkville Plaza II: Cumberland Tower, register online at thecumberland.ca. The future sales centre will be located at 135 Yorkville Ave. apr 26 - may 10, 2014 new Condo Guide 021
Great Gulf. Choose greatly.
ACROSS FROM SHERWAY GARDENS. MOVE IN TODAY WITH UP TO $20,000 CASH BACK.
Suites from
$225,990
Sales Centre 225 Sherway Gardens Rd. 416.695.3535 onesherway.com
LIVE ON TORONTO’S NEW BLUE EDGE, THE CIT Y’S NEXT GREAT WATERFRONT COMMUNIT Y. Sales Centre 291 Lakeshore Blvd E 416.466.8885 mondecondominiums.com
Suites from
$342,000
A NEW L ANDMARK IS UNDER CONSTRUCTION. CANADA’S MOST CONNECTED CORNER.
Suites from
$549,990
Sales Centre 33 Bloor St. E 416.922.0081 onebloor.com
Coming soon. 022 NEW CONDO GUIDE APR 26 - MAY 10, 2014
Condos at King & Parliament. Coming Spring 2014. Urban Towns in Queen West. Coming Spring 2014.
LIVE AT YONGE AND RICHMOND. CIT Y, TOWER AND LOMBARD SUITES AVAIL ABLE. Sales Centre 26 Lombard St. 416.499.8883 yongeandrich.com
Suites from
$283,990
UP TO $10,000 OFF SELECT SUITES. MOVE IN THIS YEAR! THE CORNER OF JARVIS AND CHARLES.
Suites from
$479,990
Sales Centre 33 Bloor St. E 416.927.0080 x2condos.com
FABULOUSLY ST YLISH CONDOMINIUMS AT KING & CHARLOTTE. MOVE IN THIS YEAR! By Appointment 416.927.9772 charliecondos.com
Suites from
$946,990
PHASE 3 FINAL RELEASE ON SALE NOW. BOUTIQUE CONDO LIVING AT WINSTON CHURCHILL AND EGLINTON.
Suites from
$224,990
Sales Centre 4635 Metcalfe Avenue 905.828.4257 hotcondominiums.com
For more information, register at greatgulf.com/comingsoon
APR 26 - MAY 10, 2014 NEW CONDO GUIDE 023
SPECIAL SUITE OF THE MONTH PROMOTION
2 BEDROOM SOUTHAMPTON SUITE 1137 SQ. FT. *In addition to the current promotion
GET AN EXTRA $10,000 OFF! *ONLY 5% DEPOSIT REQUIRED UNTIL YOU MOVE IN! ONLY
18 SUITES LEFT ALL SUITES
4 CASH OFF %
FOR A LIMITED TIME, RECEIVE
FREE UPGRADES
Crown Molding in select areas, Under Cabinet Lighting in Kitchen, Pot Lights, Gas Fireplace, Soft Closing Drawers in kitchen and more!
OPEN HOUSE
MAY 10TH, 2014 FROM 1-4PM · TOUR THE LOBBY, LOUNGE AND NEW FURNISHED SUITES · ONLY 18 FINE RESIDENCES REMAIN · MOVE IN 60-180 DAYS!
RD. ILL DM OL OLD MILL INN
JANE STREET
SITE
OLD MILL DRIVE
Exclusive Residences from the $500’s to over $1.7 million
30 OLD MILL ROAD, TORONTO MONDAY - WEDNESDAY: 12PM - 6PM SATURDAY & SUNDAY: 12PM – 5PM, THURSDAY, FRIDAY & HOLIDAYS: CLOSED
BLOOR STREET WEST
JANE STREET
OLD MILL DRIVE
416 766-7343 www.riverhousecondos.ca SITE *Deposit structure: $5000 with the offer, balance to 5% in 30 days, balance to 20% on occupancy. SOUTHAMPTON AND NOTTINGHAM ONLY, BALANCE TO 10% ON OCCUPANCY. ** Free Upgrades may vary depending on suite plan. (Suite 102 and D. R 104 do not have gas hook up L for fireplace and cook top). All promotions may be changed and/or cancelled at any time without MIL notice. Prices andLDspecifications subject to change without notice. *Please speak to Sales Representative for full details. OLD MILL INN O Exclusive Listing Broker Milborne Real Estate Inc. Brokers Protected. Marketing Management by Anne Lambrou Living Visions Inc. Prices and specifications subject to change without notice. Promotions may be changed and/or cancelled at any time BLOOR WEST E.&O.E. without notice. Illustrations areSTREET artist’s concept.
024 NEW CONDO GUIDE APR 26 - MAY 10, 2014
APR 26 - MAY 10, 2014 NEW CONDO GUIDE 025
Dear Mortgage, I’m taking time off to give something back.
Take time off from your mortgage payments. A flexible mortgage from TD lets you dedicate time to making the world a better place. Just add a little extra to your regular payments and you could have the option to take a payment vacation for up to four months1. It’s just one of TD’s flexible mortgage features.
Visit a branch or tdcanadatrust.com/paymentvacation
1
Conditions apply. See us for details. ® The TD logo and other trade-marks are the property of The Toronto-Dominion Bank.
026 NEW CONDO GUIDE APR 26 - MAY 10, 2014
2LEASEBACK BEDROOM PROGRAM $3,000/MONTH FOR 2 YEARS
$15,000 CASHBACK
FREE ASSIGNMENT & CAPPED LEVIES I N V E N T O R Y B O U T I Q U E . C O M * Non-Terrace 2 Bedroom Suites
PRESENTATION CENTRE
373 King Street West, Suite 302 T o r o n t o , ON M 5V 1J6 T e l : 4 1 6 - 546- 7525 E: i n f o @ i n vent orybout i q ue.com
OPENING HOURS M o n da y t o Th urs d a y 12pm-6pm S a t u r da y & S und a y 12pm-5pm Cl o s e d F r i d a y
APR 26 - MAY 10, 2014 NEW CONDO GUIDE 027
028 NEW CONDO GUIDE APR 26 - MAY 10, 2014
TO REVEAL
*
COME IN AND PEEL THE REEL TO REVEAL YOUR DEAL OF $35,000 CASH BACK OR MORE!* Now’s the BEST time to buy at the intersection of Life, Camera, Action with an authentic connection to TIFF Bell Lightbox in the heart of the Entertainment District.
CINEMATOWER.COM 416.203.2020
Richmond St. W
Adelaide St. W John St.
DON’T WAIT, ACT NOW!
SUITES FROM THE MID $400,000s
Widmer St.
PLUS, BUY WITH 5% DOWN AND $0 CLOSING COSTS**
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VIEW OUR FULLY FURNISHED MODEL SUITE AND SPECTACULAR AMENITIES!
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VISIT OUR NEW SALES OFFICE TODAY! 21 Widmer Street, Suite 1306 HOURS: Mon and Tues: 12-6pm Wed: 12-8pm Thurs and Fri: Closed Sat and Sun: 12-5pm *Limited time offer conditions apply. See Sales Representative for full details. **Some exceptions apply. Exclusive Listing: CityLife Realty Ltd, Brokerage. Brokers Protected. Prices, specifications and programs are subject to change without notice. Illustrations are artist concept. E. & O.E. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without written permission of The Daniels Corporation, is strictly prohibited.
Hot Topic
3
Better for the environment:
Most of the energy we consume in Canada comes from fossil fuels. As a result, the energy we save in heating, cooling and powering our home will help reduce our environmental footprint. In addition, using energy-efficient light bulbs, low-flow shower heads, and waterconserving toilets will all contribute to a Greener home. Many new energyefficient homes are even being built using insulation, drywall or wood trim manufactured using recycled materials.
Consumers looking to achieve greater energy efficiency at home have a wider array of energyefficient options to choose from
4 reasons to choose a
Green home
1
Energy savings: Today, 17 per cent of all energy used in Canada
goes toward running our homes. We consume a significant amount of energy for heating our homes in the winter and cooling them in the summer, and don’t forget about the energy we use to heat water used for bathing and cleaning. Imagine the savings on your energy bills if you choose an energy-efficient new home.
2
Better to live in: Energy-efficient homes have fewer of those
uncomfortable drafts and cold spots. Some homes have specially designed ventilation systems that bring fresh outdoor air in and send stale indoor air out. R-2000-certified homes, for example, are built using healthier building materials, such as lowVOC (volatile organic compounds) paints, flooring, and cabinets to further improve indoor air quality.
030 new Condo Guide apr 26 - may 10, 2014
4
Affordability: Buying expensive,
custom-built homes used to be the only way to acquire an energy-efficient home. Today, thanks to initiatives such as Leadership in Energy and Environmental Design (LEED), the EnerGuide rating system, R-2000 Standard and Energy Star for New Homes, consumers looking to achieve greater energy efficiency at home have a much wider array of energy-efficient options to choose from.
you are planning to buy a new home If in the coming months, spend some time on the NRCan website at newhomes.nrcan.gc.ca or call 1.800.O.Canada (1.800.622.6232) for more information on the various energy-efficiency programs that are available in Canada. NC
NEW PRICING FROM THE $300’S ONLY 5% DEPOSIT UP TO $20,000 CASHBACK NEW FLOORPLAN RELEASE 10-FT CEILINGS AND ALL THAT CHAZ.
*
Yorkville living at Chaz.Yorkville sets the bar high! What do you want to get out of city living? An optimum location. A beautiful way to offer hospitality to all your friends and family at once. Hotel style without hotel prices. Purpose-designed places to stay well, stay fit, and stay energized without leaving the comfort of home. Membership in a private club that will take your breath away. A subway network and the whole city just minutes away. Shopping, dining, and cultural options that are simply dazzling, both in quality and in quantity. The best of downtown is your own back yard.
Sales Centre
Dupont St.
Bloor St.
Church St.
Avenue Rd.
Yorkville Ave.
45 Charles St. E. Yonge St.
Bay St.
U of T
Isabella St.
Wellesley St.
VISIT THE SALES CENTRE TODAY! CHAZYORKVILLE.COM | 416.922.0045 SALES CENTRE LOCATED AT 101 YORKVILLE AVE. SITE LOCATED AT 45 CHARLES ST. EAST MON. – THURS. & SAT. – SUN.: 12PM – 6PM, FRI.: 2PM – 6PM, STATUTORY HOLIDAYS: OPEN EXCLUSIVE BROKER BAKER REAL ESTATE INC. BROKERS PROTECTED. *SPEAK TO A SALES REPRESENTATIVE FOR MORE DETAILS. PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. ILLUSTRATIONS ARE ARTIST CONCEPT. E&O.E.
APR 26 - MAY 10, 2014 NEW CONDO GUIDE 031
hot dates
April 2014 Calendar of events taking place from April 26 – May 10
highlights
Apr 25 – 27
Green Living Show Apr 26
Grand opening at The Taylor
Until May 4
Hot Docs International Documentary Festival
Apr. 25 – 27
Apr. 26
Green Living Show
Grand opening at The Taylor
Direct Energy Centre Exhibition Place, 100 Princes’ Blvd. Learn about sustainable living with a visit to the Green Living Show – Canada’s largest Green consumer show. Explore over 400 exhibits, sample local food prepared by renowned chefs, and check out the stages showcasing everything from eco friendly cooking, health and wellness, to home and products, kids’ zone, and yoga and fitness demos. Visit online for tickets. greenlivingshow.ca
43 Davies Ave. Get a taste of the cool Leslieville lifestyle and drop by the grand opening of The Taylor Lofts – Streetcar Developments’ new condominium consisting of 96 modern lofts in this popular part of town. Take advantage of the limited-time purchasing incentives and check out floor plans, a model kitchen and the fab finishes. taylorlofts.ca
Until May 4
May 6 – 10
Hot Docs International Documentary Festival
Canadian Music Week
May 6 – 10
Canadian Music Week
Bloor Hot Docs Cinema 506 Bloor St. W. Take in North America’s largest documentary festival, presenting 197 titles from 43 countries in 12 screening programs over 11 days at the Bloor Hot Docs Cinema. Tickets can be purchased online at hotdocs.ca, by calling 416.637.5150, or at the box office at 2 Bloor St. W., Cumberland Terrace on the lower level. Visit online for a full schedule and more details. hotdocs.ca 032
Various venues across Toronto Canadian Music Week is now in its 32nd year, and music lovers and entertainment seekers will once again flock to this annual event featuring music conferences, shows, films and concert series at various venues in downtown Toronto. This year’s headliners include Canadian sister act Tegan and Sara, City and Colour and M.I.A., among others. Visit online for a full list of shows, events and participating venues, and to purchase tickets. cmw.net
Life Storeys now a best-seller. Come home with the GTA’s #1 homebuilder
*
For the last sixty years, Menkes has been a central chapter in the Life Storeys of so many. Menkes has always focused on building homes in the city’s most desirable and accessible locations. Designing architectural landmarks, stylish amenity areas and modern suites that speak to the needs of today’s condominium lifestyle. And offering maximum value to the real #1 storey – you.
menkes.com
C MING S ON. THE CITY’S MOST CONNECTED ADDRESS.
Prices and specifications are subject to change. E.&O.E. April 2014.
A downtown condominium overlooking the bustle of the city and the beauty of the lake. Walking distance from Toronto’s most savoury restaurants, bars and cafes, and a stone’s throw from incredible shopping, cultural attractions, Air Canada Centre and the Rogers Centre. Rich with amenities. Enriched with possibility.
Introducing 87 Peter.
Register at menkes.com
menkes.com
COMING SOON
COMING SOON
NOW OPEN
NOW OPEN
Peter & King Toronto Register now at menkes.com
York & Harbour Toronto Register now at menkes.com
Church & Carlton Toronto Starting from $237,990 416.591.7700
Richmond & Spadina Toronto Starting from $291,990 416.591.7700
MOVE IN THIS YEAR
MOVE IN NOW
UNDER CONSTRUCTION
MOVE IN NOW
Yonge & Park Home North York Starting from $835,990 416.730.9722
Evans & QEW, Etobicoke Starting from $225,990 onesherway.com 416.695.3535
Avenue & Davenport Toronto Starting from $420,000 416.323.0100
Bay & Yorkville,Toronto Starting from $1.2 million yorkvilleresidences.com 416.775.7500
Facebook.com/MenkesLife
@MenkesLife
*Top selling highrise builder in 2013 according to RealNet Canada Inc. Prices and speciďŹ cations are subject to change. E.&O.E. April 2014.
menkes.com menkes.com
// by andrew la fleur
Should you invest in a
investor advice
new condo? You absolutely should invest in a new condo this year, but there are a few things you need to know:
Andrew la Fleur is an award-winning realtor with Re/Max. Andrew’s expertise is in helping investors make money in the Toronto Condo Market. Visit TrueCondos.com/NewCondoGuide for a free gift. Contact Andrew at 416.371.2333 or andrew@truecondos.com
Y
ou have some money saved up and it’s not doing anything in the bank. Investing in a condo has always been something you’ve thought about, and now you are finally ready to take action. Good! Now the question that keeps coming up in your head is, “should you invest in a condo this year?” The question behind the question is, “will I be better off if I wait?” Waiting for the stars to align or trying to “time the market” is a fools’ game. Instead, you should first decide that you are going to invest in a new condo, then make a plan, and go out and do it.
Waiting for the stars to align or trying to “time the market” is a fools’ game 033 new Condo Guide apr 26 - may 10, 2014
Everything that you’ve heard is wrong The first thing you need to know is that everything you’ve heard about the condo market is wrong. It seems everyone has an opinion on the real estate market, and whether or not there is a condo bubble in Toronto. We hear the so-called experts chiming in just about every week from New York or who-knows-where, telling us that our market is 25 or 50 or 2,000 per cent overvalued, and that it’s all going to crash. Every party you go to, every family gathering, the topic of real estate seems to come up and everyone has their own opinion and reason why you shouldn’t invest in a new condo. The problem with all these opinions is the source: they are all people who have never invested in the condo market. They have no skin in the game! Asking someone who has never invested in the condo market if you should invest is like asking a vegetarian if you should eat a hamburger! You know what the answer is going to be. Put aside all the opinions and advice that you’ve heard, and do your own research. Talk to people who are investing in the market right now and figure out what makes sense to you, then act on it! Good opportunities are always available Toronto is a massive city. We are the largest condo market in North America. Whether the market is going up, down or sideways doesn’t matter, because there are great investment opportunities in every market. Many people believe the lie that there are only good opportunities when the market is red hot, or that you should only buy if the market is severely depressed. Seasoned condo investors know this is not how the market works and they always evaluate every opportunity on it’s own individual merits. Have a system and follow it In order to be a successful condo investor, you need to have a system and a plan in place that you follow. If you are a seasoned condo investor and you have been doing this for a long time already, you likely have your systems in place and you keep following them because they have made you a lot of money. If you don’t have a system or a plan, or you don’t know where to start, don’t try to re-invent the wheel. Instead, contact a realtor who specializes in the pre-construction condo market – someone who works with investors every day, who can help you figure out the best areas to invest in the market and how to make the most money over the long term. When you follow the path already laid out by those who have come before you, everything becomes easy.
legally speaking
// by jayson Schwarz & Konstantine Chatzidimos
new-home purchases & HST
Jayson Schwarz LL.M. is a Toronto real estate lawyer and partner in the law firm Schwarz Law LLP. Visit schwarzlaw.ca or send an email to info@schwarzlaw.ca and give us your questions, concerns, critiques and quandaries.
Konstantine Chatzidimos is an associate in the law firm Schwarz Law LLP.
H
omebuyers who visit our offices are often confused about the way the harmonized sales tax (HST) affects their transactions. This inspired us to write a few words in the hopes of demystifying this oft-misunderstood aspect of the new-home purchase. Purchases of new freehold and condominium homes in Ontario – unlike resale homes – are subject to the HST. This is a combination of the eight-per-cent Ontario provincial sales tax (PST) and the five-per-cent federal goods and services tax (GST). The percentage of HST applicable 034 new Condo Guide apr 26 - may 10, 2014
to the transaction is directly related to the purchase price of the home. However, homebuyers are able to claim a rebate of some of the PST and GST. For example, the rebate associated with the PST portion of the tax is available for new homes priced up to $500,000. The PST rebate for new properties under $400,000 is six per cent of the purchase price (or 75 per cent of the eight-per-cent PST portion of the HST), with the rebate amount reduced for homes priced between $400,000 and $500,000. There is a similar rebate mechanism for the five-per-cent GST portion of the HST. It’s important to understand that the majority of Ontario builders incorporate the rebated amount of HST into the purchase price. This is because the HST rebate is immediately available only to purchasers who are buying new properties with the intent that they will be their primary place of residence or the primary place of residence of a family relation. In this case, the purchaser does not have to submit a rebate application directly to the Canada Revenue Agency (CRA). The purchaser will sign the rebate application and provide it to the builder, which will then send the rebate application to CRA when the builder claims a deduction in its net tax calculation for the amount of the rebate. Structured this way, the HST is effectively a non-issue for purchasers as the builder takes care of all the paperwork. In cases where the purchased property will not be the principal residence of the buyer, but will instead be an investment property, it is the responsibility of the buyer to inform the builder. This is because the builder must add back the HST rebate to the purchase price which will have to be paid by the buyer upon closing. This does not mean that the HST rebate is lost to the buyer as they will have a two-year period in which to claim the HST rebate directly from CRA, provided certain guidelines are met such as a ‘reasonable expectation’ that the first use of the property is – or will be – by a tenant occupying it as their primary place of residence for at least one year. Required supporting documentation will include the Agreement of Purchase and Sale, the Statement of Adjustments, the insurance policy on the property, as well as the lease with the first tenant. The rebate in this case is calculated in the same manner it is in respect of owner-occupied dwellings. It is important to note that while investor-purchasers of new long-term rental accommodation are eligible for the HST rebate, speculators are excluded. Anyone who buys and rents a new freehold or condominium home must repay the full amount of the rebate (plus interest) if the property is sold within one year – unless the new purchaser acquires it for use as their (or a relation’s) primary place of residence. It is also important to note that lying to the builder about your intention to live in the new property when you will, in actuality, rent it out can cause you problems with the CRA. If you do this and the CRA finds out, you will be liable to pay back the full amount of the HST rebate you received on closing plus applicable interest and penalties. In addition, you will be swearing affidavits under oath or affirming the truth and you could be guilty of perjury. The underlying legislation is more complex than it may appear from reading this article. For a comprehensive explanation of the HST’s impact on investor purchasers of new real estate, it is strongly suggested that you consult a lawyer.
APR 26 - MAY 10, 2014 NEW CONDO GUIDE 035
ohba report
5 great reasons to
// by joe vaccaro
buy a brand new condo
D
ecisions, decisions, decisions – there are certainly lots of them to make when buying a home and one of the most significant is whether to buy a brand new home or a resale home. Last year there were more than 61,000 new home and condo starts in Ontario, and in 2014 Canada Mortgage and Housing Corp. (CMHC) forecasts about 60,000 starts. So, what makes thousands of consumers choose to buy a new home or condo versus a resale home? Here are five good reasons: Design
Joe Vaccaro is the chief executive officer of the Ontario Home Builders’ Association (OHBA). The OHBA represents 4,000 member companies organized into a network of 31 local associations across the province. Together they build 80 per cent of the new housing in Ontario. ohba.ca
It all starts with design. Good home design begins with an understanding of how people live in their homes. Times have changed. Families have changed and with that, our lifestyles have evolved. Newhome builders offer fresh, innovative plans and designs that meet the needs of today’s consumers, using modern technology to build homes and condos that are attractive, highly functional and feel good to live in. These homes include efficient use of space, open layouts, plenty of natural light, functional kitchens, flexible space and of course, lots of storage – something that’s usually absent in older homes. Energy Efficiency
The energy efficiency of Canadian homes has improved substantially over the years. Thanks to major advances in building techniques and product innovation, today’s new-home owner can expect to use only half of the energy required to operate a similar home built in 1950, and at the same time enjoy a far more comfortable living environment. From windows and insulation to state-of-the-art heating and air conditioning systems, today’s new homes are superior when it comes to energy efficiency. And we can expect that advances in energy efficiency will continue to grow as the price of energy goes up and we, as a society, recognize our responsibility to conserve energy and reduce our own environmental footprint. Environmentally Responsible Products
No doubt about it, today’s new homes are much more environmentally friendly than those built 40 or 50 years ago. Great advances have been made in developing and manufacturing building products that contribute to the Greening of Canadian homes and condos. Manufacturers and suppliers are continually looking for ways to
036 new Condo Guide apr 26 - may 10, 2014
make their products and systems more acceptable to today’s environmentally savvy customer. Safety
In part because of changes to Ontario’s Building Code over the years, new homes boast many products and features that ensure your home is a safe environment. Whether it is superior air ventilation and heating systems, stair railings and risers built to code, improved electrical components, or products with fewer gas emissions, a new home is built to an always-improving building code. A newly built home is also inspected during various phases of construction, ensuring that it is built to minimum energy efficiency as well as code and safety requirements. Warranty Program
In Ontario, builders must be registered with the Tarion Warranty Program which offers one of the best, most comprehensive warranty coverage programs in the country. New-home buyers benefit from deposit protection and protection against delayed closings or occupancies without proper written notices. New-home owners are also covered against defects in work and materials, and major structural defects.
Thanks to major advances in building techniques and product innovation, today’s new-home owner can expect to use only half of the energy required to operate a similar home built in 1950, and at the same time enjoy a far more comfortable living environment
The pluses of buying new really add up. Newly built homes and condos use advanced design, materials and construction techniques that provide buyers with a wide range of options and great value – something to think about when you are making decisions about the purchase of a home.
apr 26 - may 10, 2014 new Condo Guide 037
in the news
New Home Builders Presented with Awards for customer service excellence
“A home is the largest purchase most people will make in their lifetime, and to have an attentive and responsive builder is paramount in making this experience a positive one for all those involved,” says Howard Bogach, president and CEO of Tarion Warranty Corp. “Congratulations to all recipients and finalists for being leaders in customer service.” The awards are based on the results of a comprehensive survey PICTURED ABOVE The Tricar Group, winner of the High-Rise Builder Category sent to almost 46,800 Ontario homeowners who took possession of a new home between Oct. 1, Tarion Warranty Corp. is Finalists: Devonleigh Homes Inc., 2012 and Sept. 30, 2013. More than pleased to announce the 6,400 survey responses were recipients of the 2014 Tarion Orangeville received, representing 14 per cent Awards of Excellence, the only Great Gulf Homes, Toronto of consumers who bought a new awards in Ontario that recognize Monarch Corporation, Toronto home in Ontario during that time. new home builders based solely on Pidel Homes, Guelph The results were tabulated by homeowners’ satisfaction with Crunch Research in partnership their customer service delivery. Medium volume builder category with Harris Decima. (21-100 possessions per year) Award goes to... Survey questions covered every High-rise builder category stage of the homeowner-builder (More than 100 highrise › Klemencic Homes, Trenton possessions per year) relationship, from signing of the Finalists: Award goes to... Geertsma Homes, Belleville Agreement of Purchase and Sale, › The Tricar Group, London Grey Forest Homes, St. Catharines through construction, pre-delivery Finalists: inspection, and after-sales service. Hayhoe Homes, St. Thomas The Daniels Corporation, Toronto The Honourable Tracy Wrighthaven Homes Limited, Elora MacCharles, Minister of Consumer Domicile, Ottawa Services, remarked on the Tridel, Toronto Small volume builder category outstanding accomplishments in One Sherway T4 Inc., Toronto (5-20 possessions per year) Award goes to... customer service. “Congratulations (A joint venture between Menkes › Dwyer Homes, Strathroy to the 2014 Tarion Awards of and Great Gulf Homes) Finalists: Excellence recipients. These Castell Homes, London builders demonstrate that excellent Large volume builder category customer service can be an asset (More than 100 possessions Castlemount Homes, Gormley per year) to your business and will have a Larry Otten Contracting, Stratford Award goes to... lasting effect on homebuyers.” S.L. Witty Construction, Barrie › Fusion Homes, Guelph Van EI, Mount Pleasant 038 new Condo Guide apr 26 - may 10, 2014
URS OPEN HOUSE•&11TAO M-1PM
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Su ites and r 3 lux urio us Mo del Vis it NY 2 tod ay to tou nie ls’ inc red ible Da of age ant tak e adv to lea rn how you can am eni ties ible red inc NY 2 off ers RE NT 2OWN pro gra m. ing plo ts, den gar and e rac ter inc lud ing a roo f top jus t mo me nts to plu s res ide nts wil l be , the atres and mo re! ing din ng, ppi gre at sho
M ID $2 00 ,0 00 s SU IT ES FR OM TH E NY2 Sales Centre 18 Rean Drive, Suite 211 HOURS: Mon., Tues. & Thurs: 12pm - 6pm Wednesday: 12pm - 8pm Saturday & Sunday: 12pm - 5pm Friday: Closed
OK CALL TODAMYODTELOSUBITO E TOUR YOUR PERSONAL
416 .2 21.3 9 3 9
NY2CONDOS.COM Model photography may vary from actual Model Suites Exclusive Listing: CityLife Realty Ltd, Brokerage. Brokers Protected. *Daniels’ Rent-To-Own Program is only available on a select number of suites. **Metropass is only available on select suites. See Sales representative for full details. Prices, specifications and programs are subject to change without notice. Illustrations are artist concept. E. & O.E. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without written permission of The Daniels Corporation, is strictly prohibited. See Sales Representative for full details.
APR 26 - MAY 10, 2014 NEW CONDO GUIDE 039
condo profile
Live greatly with
Great Gulf
i
t’s no surprise that Great Gulf is recognized as one of North America’s most innovative and diversified award-winning real estate development companies, building master-planned communities for close to four decades. With a penchant for understanding consumer needs, market insight and its “Live Greatly” commitment, more than 40,000 families in Canada and the U.S. enjoy living in outstanding, well-made, well-designed homes. Great Gulf has pushed every boundary in the real estate industry to deliver award-winning leading-edge architecture, design and state-of-the-art construction in prime locations. “We build and design homes as if they’re our very own with meticulous attention to quality, detail and value. The commitment and goal are the same – to build and design every property as if building and designing a custom home,” says Christopher Wein, Great Gulf’s senior vice-president of sales and marketing. This incredible responsibility and the commitment to ‘Live Greatly’ focuses on three defining strategies: visually striking design; innovative building technology and uncompromising workmanship; and unwavering commitment to the care of clients. With unparalleled quality and exceptional attention to detail, you can be sure that best value is a primary consideration.
Signature Properties
The current portfolio of Great Gulf highrise projects presents a unique offering with an impressive collection of iconic buildings transforming skylines in cities including Toronto and Dallas. Working with worldrenowned architects David Pontarini (One Bloor), Moshe Safdie (Monde) and Peter Clewes (Yonge + Rich), every Great Gulf highrise project pushes the boundaries of urban design excellence, innovative amenities and unmatched luxuries. International Properties
Beyond Canada’s borders, Great Gulf is active in 13 major U.S. cities including Dallas, where a truly unique project has just launched. Ltd. Edition is the exclusive innovation of Great Gulf in partnership with world-famous architect Siamak Hariri, interior designer Diego Burdi and landscape architect Janet Rosenberg. Positioned on 1.4 acres at the prestigious intersection of Turtle Creek and Fairmont Street in Dallas, this exclusive condominium dubbed “Estates in the Sky” is designed to provide a unique experience in urban living for its residents. The building will fan out in crescent shape and rise to 23 storeys, providing spectacular panoramic views of Reverchon Park, Turtle Creek and the city of Dallas. 040 new Condo Guide apr 26 - may 10, 2014
Yonge + Rich / Twenty Lombard Street – toronto Snapshot A vision of world-class living by Peter Clewes in the epicentre of Toronto’s cultural district, crowned by an exclusive collection of 150 private residences nestled above a soaring 50-storey building. Exclusive interiors by Burdifilek Location Yonge Street and Victoria Street Storeys 50 Units 677 Retail Space 468,000 sq. ft. Status In development The Great Gulf Group of Companies includes Great Gulf, Ashton Woods Homes, First Gulf Corporation, Tucker HiRise Construction, Brockport Home Systems Ltd. and Taboo Resort Golf and Spa. Visit greatgulf.com for more information.
One Bloor – toronto Snapshot A bold, futuristic building by David Pontarini located at one of Canada’s most iconic and premier intersections, Bloor Street and Yonge Street Interiors by Cecconi Simone Outdoor amenity space by Janet Rosenberg, measuring 19,000 sq. ft. Location Yonge Street and Bloor Street East Storeys 75 Units 789 Retail space 100,000 sq. ft. Status Under construction
Monde – toronto Snapshot Designed by Moshe Safdie and inspired by the idea of “gardens in the sky,” Monde offers the convenience of downtown living with sweeping views of Lake Ontario. Interiors by Cecconi Simone Landscape architecture by Janet Rosenberg Location Sherbourne Street and Queens Quay Storeys 40 Units 483 Retail space 10,000 sq. ft. Status In development
Ltd. Edition – Dallas Snapshot An exclusive luxury condominium designed by Siamak Hariri to provide a unique experience in urban living. The tower fans out in a crescent shape to maximize the penetration of natural light and panoramic views of Reverchon Park, Turtle Creek and the City of Dallas. Location Turtle Creek Boulevard and Fairmont Street Storeys 23 Units 60 Status In development apr 26 - may 10, 2014 new Condo Guide 041
042
043
home sweet home
Here’s our
// by Lydia McNutt
list of demands... Will we love our new home? Our new neighbourhood? What about our neighbours? While there are no guarantees, doing your “home” work is an important first step in making a smart move. My husband and I plan everything well in advance. (We had our wedding timed to the minute.) Here’s how the sale and purchase would all go down:
Lydia McNutt is an award-winning writer and editor of New Condo Guide. Lydia’s love of architecture, interior design and the written word have landed her happily at home at Wall2Wall Media, where real estate rules. Email Lydia.McNutt@wall2wallmedia.com, and follow her on Twitter @LydiasTweets
I
recently sold my house, and now I’m plagued by pangs of guilt at the thought of moving on to bigger and... better? After all, this was my family’s first home, our first property purchased. Like for many property virgins, this was our first foray into real grown-up-hood and our first taste of freedom. We could do as we pleased, painting and decorating to our tastes and desires. And though small, our house was sweet and it served us well. But leaving the home we know and love is just the beginning of our jitters (and by “our” I mean my husband’s). Of this I can be sure – if there isn’t anything concrete to worry about, he’ll come up with something. We’ve all heard of buyer’s remorse, but would this be a case of seller’s remorse? 044 new Condo Guide apr 26 - may 10, 2014
›› W e would sell our house in good time and for a good profit. (Real estate has been rising quickly in value in our neighbourhood, and after keeping a close eye on comparables, we had a dollar figure in mind. Selling our house first would allow us to sit tight until we got at least what we were asking.) ›› Th e day our sale became firm, we would find our dream home which met our long list of demands. We’d make a quick offer without having to deal with multiple offers. A sellers’ market? Pshaw! ›› Th e closing dates on our sale and purchase would align, and we could move out, move in and get on with our lives without too much disruption. Believe it or not, this is the way it actually happened. We sold, we bought and we conquered. But the reality is, for many homebuyers this won’t be the case. I like to credit our easy-breezy transaction with a great deal of planning, and a little luck. Considering the magnitude of a home purchase – financially, emotionally and otherwise – we started our research well in advance. In fact, we’ve been browsing open houses since last spring (yes, a full year ago!) and seriously exploring potential neighbourhoods a good three months before the For Sale sign went up. We knew where we wanted to live, and probably more importantly, where we definitely didn’t want to live. It’s a good thing we started early, because my husband and I butted heads, and our list of demands was a long one. He was in favour of a new home with more square footage and less concern when it came to location. I was willing to compromise on the shiny bells and whistles in favour of staying in our current area (or, as close to it as possible). We wanted our new home to have easy access to the highway (for him), proximity to parks and “kid-friendly” amenities (for the little one), yet the location had to be close enough to urban amenities and shopping (which I consider to be a sport). Of course, we had our must-have list for the house itself – bedroom and bath requirements, along with a few extras. Then we had to work that wish list into our budget reality. Sounds like a bit of a puzzle, which is why we started planning early. If you’re on the hunt for a home this spring, it’s important that you start your search by doing some research. Buying a home is a complicated, expensive, exhaustive task, and knowing what you want and need will ease some of the stress. Now to start planning the move! At least we have three months to get those ducks in a row!
be a part of something big YOUR 35-ACRE FRONT YARD – ONLY AT CANARY DISTRICT
COMING SOON, THE EXCITING SECOND PHASE OF CANARY DISTRICT Canary Park Condominiums is the doorway to Canary District, which is Toronto’s visionary master-planned, transit-friendly, urban village just 5 minutes east of downtown. Suites from the mid $200’s. HOME TO ATHLETES OF THE 2015 PAN / PARAPAN AM GAMES.
REGISTER AT CANARYDISTRICT.COM OR CALL 416.603.7576
@canarydistrict
/thecanarydistrict
Exclusive Listing: Baker Real Estate Incorporated, Brokerage. Brokers Protected. Prices and specifications are subject to change without notice. E. & O.E.
APR 26 - MAY 10, 2014 NEW CONDO GUIDE 045
2014 SHOPPING GUIDE
2014 ISSUE NOW AVAILABLE!
sHoppIng Curating a selection of the GTA’s top home & decor shops and services
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APR 26 - MAY 10, 2014 NEW CONDO GUIDE 047
in the news
Bank of Canada
maintains overnight rate target at 1% that it is maintaining its target for the overnight rate at one per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent. Inflation in Canada remains low. Core inflation is expected to stay well below two per cent this year due to the effects of economic slack and heightened retail competition, and these effects will persist until early 2016. However, higher consumer energy prices and the lower Canadian dollar will exert temporary upward pressure on total CPI inflation, pushing it closer to the two per cent target in the coming quarters. Total CPI inflation is expected to remain close to target throughout the projection, even as upward pressure from energy prices dissipates, because the impact of retail competition will gradually fade and excess capacity will be absorbed. The global economic expansion is expected to strengthen over the next three years as headwinds that have been restraining activity dissipate. The economic recovery in the U.S. appears to be on track, despite soft readings in the last few months largely due to unusual weather. Indeed, private demand could turn out to be stronger than anticipated. Europe’s economy is growing modestly, but inflation remains too low and the nascent recovery could be undermined by risks emanating from the Russia-Ukraine situation. In China and other emerging-market economies, growth is expected to be solid, although there are growing concerns about financial vulnerabilities. Overall, global growth is expected to pick up to 3.3 per cent in 2014 and increase further to 3.7 per cent in 2015 and 2016 – largely unchanged from the January Monetary Policy Report (MPR). The Bank of Canada has announced
Recent developments are in line with the Bank’s expectation of a soft landing in the housing market and stabilizing debt-to-income ratios for households The Bank continues to expect Canada’s real GDP growth to average about 2 1/2 per cent in 2014 and 2015 before easing to around the two per cent growth rate of the economy’s potential in 2016. Competitiveness challenges continue to weigh on Canadian exporters’ ability to benefit from stronger growth abroad. However, a range of export subsectors have been growing in line with fundamentals, which suggests that as the U.S. recovery gathers momentum and becomes more broadly based, many Canadian exports will benefit. The lower Canadian dollar should provide 048 new Condo Guide apr 26 - may 10, 2014
additional support. We continue to believe that rising global demand for Canadian goods and services, combined with the assumed high level of oil prices, will stimulate business investment in Canada and shift the economy to a more sustainable growth track. Recent developments are in line with the Bank’s expectation of a soft landing in the housing market and stabilizing debt-toincome ratios for households. Still, household imbalances remain elevated and would pose a significant risk should economic conditions deteriorate. In sum, the Bank continues to see a gradual strengthening in the fundamental drivers of growth and inflation in Canada. This view hinges critically on the projected upturn in exports and investment. With underlying inflation expected to remain below target for some time, the downside risks to inflation remain important. At the same time, the risks associated with household imbalances remain elevated. The Bank judges that the balance of these risks remains within the zone for which the current stance of monetary policy is appropriate and therefore has decided to maintain the target for the overnight rate at one per cent. The timing and direction of the next change to the policy rate will depend on how new information influences the balance of risks. The next scheduled date for announcing the overnight rate target is June 4.
GO NORTH and discover how Daniels is making it easier than ever to live the High Park lifestyle! INCREDIBLE CASH INCENTIVES*
WHERE MODERN URBAN MEETS MOTHER NATURE Sophisticated Suite Finishes • Dog Spa Unique Resident Bike Program • Gardening Plots Indoor/Outdoor Fitness Studio • Climbing Wall • Party Room with Outdoor Terrace and View of High Park and Beyond • Quick and Easy Access to Two Subway Stations and Much More
FREE PARKING AND LOCKER* LIVE FREE WITH NO INTERIM OCCUPANCY FEES* ONE YEAR FREE MAINTENANCE* SUITES FROM THE
$300,000s
ER ND Y U TI O N D A UC RE R AL N ST O C
Nestled within one of Toronto’s most desirable neighbourhoods, steps to 399 acres of nature in High Park and the boutique shops and restaurants in Bloor West Village. HighPark Condominiums is one of the most successful selling communities in the GTA. GO NORTH and become part of the success.
Hours:
DON’T WAIT ANSWER THE CALL OF THE NORTH
Mon, Tues & Thurs: 12-6pm Wed: 12-8pm Sat, Sun & Holidays: 12-5pm Friday: closed
416.351.1844 danielshighpark.com
Visit our Presentation Centre: 2150 Bloor Street West
*GO NORTH program is only available on north facing suites. No interim occupancy fees up to a maximum of 6 months. Parking and locker incentive only available on suites over 535 sq. ft. Limited time offer. Conditions apply. See sales representative for full details. Exclusive Listing: CityLife Realty Ltd, Brokerage. Brokers Protected. Prices, specifications and programs are subject to change without notice. Illustrations are artist concept.. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without written permission of The Daniels Corporation, is strictly prohibited. See Sales Representative for full details. E. & O.E
For new home value in a spectacular Toronto location, The Daniels Corporation holds the compass and can point you in the right direction. GO NORTH to HighPark Condominiums! Already under construction, this is one of Toronto’s most coveted new communities, and location tops the list of reasons why. It is situated in the established neighbourhood of Bloor West Village between Oakmount Road and Pacific Avenue and directly across the street from the city’s largest urban park – High Park. The residence is also steps to subway stops and fabulous Bloor West Village with its eclectic shops, markets, bakeries and eateries. City and park views from the suites will be breathtaking. And if value is also on your list of must-haves, you’re getting warmer. Prices begin from the $300,000s, which is phenomenal for a brand new condominium in this location. Plus, Daniels is making it easier than ever to become part of this highly desirable neighbourhood. For a limited time all of the north-facing suites receive:
• a cash incentive* • free parking and locker* • one year of free maintenance* • and you can LIVE FREE with no interim occupancy fees*
o 10th Fl
ace or Terr
Once complete, residents at HighPark Condominiums will be able to enjoy 18,000 square-foot amenities at The Parkside Club. Spanning three floors this incredible club offers the opportunity the to challenge yourself at the rock-climbing wall and weight studio, unwind in the sauna, enjoy a flick in the home theatre, and exercise your green thumb in the outdoor gardening plots. On the 3rd floor, you will find a cardio studio, indoor/outdoor yoga & Pilates studio, party room, billiards room and outdoor barbecue lounge, sun deck and picnic area. The 10th floor will include the social room with a catering kitchen, and the outdoor terrace and indoor/outdoor fireside lounge and sundeck with panoramic views of High Park and city lights. Topping off the amenities list, Daniels has added a car-share program and a unique resident bike engagement/bike share program at HighPark Condominiums to encourage riding. But that’s not all, anchored by a landscaped courtyard on Bloor, the High Park will feature a single-storey glass pavilion where over 15,000 square feet of retail space will offer the epitome of convenience. In the lobby, residents will be welcomed home and can access 24-hour concierge service and take advantage of the handy dog-washing station after walks in the park.
Suite choices range from studios to three-bedroom layouts in sizes from 320 to 1,645 square feet. Features and finishes include stainless steel appliances and quartz countertops in the kitchen, marble countertops and porcelain flooring in the bathroom.
SUITES FROM THE $300,000s
DANIELS INVITES YOU TO GO NORTH AND DISCOVER HOW EASY IT IS TO LIVE THE HIGH PARK LIFESTYLE
10th Floor Party Room
Gardening Plot
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A The Daniels Corporation (danielshomes.ca) is one of Canada’s preeminent builder/developers, building more RD INT Y PO than 25,000 new homes across the Greater Toronto BAB Area for over 32 years. Daniels was named the Tarion Warranty Corporation’s 2012 Ontario High Rise Builder of the Year and the recipient of the 2012 Toronto Arts and Business Award presented by the Toronto Arts Foundation. Among its many initiatives, Daniels was OLDL MIL chosen to partner with Toronto Community Housing to revitalize Regent Park – 69 acres in Toronto’s Downtown TTC NE East. Committed to community, Daniels offersJAinnovative programs that help people achieve homeownership, champions neighbourhood BLinitiatives that enhance OOR ST W quality of life, and supports numerous charities and nonprofit organizations.
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fundamentally speaking
How to avoid your own
Wayne Karl is an award-winning writer and editor with experience in real estate and business. In Fundamentally Speaking, Wayne explores the basics you need to examine when buying property. He can be reached at wayne.karl@wall2wallmedia.com or follow him on Twitter at Twitter.com/WayneKarl
W
hen buying a home, you likely will consult with a team of trusted professionals – a mortgage broker, lawyer, perhaps a realtor or builder sales associate, and maybe a home inspector. Then, assuming you move ahead with your purchase, eventually you will likely need a mover. People often don’t consider a mover as an important member of their team of professionals. However, given the critical role they perform
// by wayne karl
moving horror story – taking possession, at least temporarily, of all your worldly goods and moving them without loss or damage – it’s a function not to be taken for granted. Not doing your due diligence and taking the time to select a reputable mover can invite untold problems. The following example, which admittedly doesn’t involve a new-home move, is an experience that is all too common. So is the lesson learned – unfortunately, the hard way. I recently contracted a “professional” moving company to carry out a last-minute move of five pieces of furniture on behalf of my son, a university student. For a variety of reasons, we decided to hire movers rather than rent a truck. After calling several firms – including large, well-known companies and smaller, independent ones – I selected a moving company in Whitby, where the pick-up was to take place. Drop-off would be in Waterloo. We agreed on price ($350) and time (9 a.m.) – after I was very clear the move would involve an out-of-town destination. All details were confirmed in a “contract” exchanged via email. The crew was on time for the move the next morning, but almost immediately they began talking about a higher rate – $360. Not a huge difference, but it immediately raised my suspicions. Here are the lowlights of what happened next: » The company originally contracted for the job was inexplicably unavailable to actually do the move the next morning, and passed it off to another firm. » My original contact, who was easily available by cell phone repeatedly the night before, suddenly was nowhere to be found. » Once the truck was loaded, the fee increased to $450. » On arrival in Waterloo, the fee became $500. “It’s taking longer than expected, and the furniture is heavier.” “Sure,” I said, “right after I call the police.” With that, the sordid tale ended, the job not complete and left for us to move the furniture indoors, now the victims of one of the Top 10 scams monitored by the Better Business Bureau (BBB). The Canadian Association of Movers offers consumers some tips: » Find reputable movers through the CAM, BBB or provincial government consumer protection agencies. » Ask three movers for estimates in writing. » Get the terms and conditions in writing. » Ensure your goods will be protected for loss or damage. » Read customer reviews on movers’ websites and other forums. My example, though painful and infuriating, is minor compared to other common horror stories involving similarly unsuspecting clients. Make sure you take the proper steps – and the time – to protect yourself and your stuff.
050 new Condo Guide apr 26 - may 10, 2014
LIVE AT STUDIO BE DOWNTOWN SUITES FROM THE
300’S
$
5%
UNDER CONSTRUCTION EARLY 2015 CLOSINGS
UNDER CONSTRUCTION EARLY 2015 CLOSINGS
DOWN PLUS
ONE YEAR FREE
MAINTENANCE FEE OFFER VALID ON ALL REMAINING SUITES.
Nelson St.
University Ave.
Simcoe St.
Duncan St.
Spadina St.
Richmond St.
PRESENTATION CENTRE
Adelaide St.
Presentation Centre: 25 Nelson Street, Toronto Mon. – Thurs.: 1pm – 7pm, Fridays: Closed Sat., Sun. & Holidays: 12pm – 6pm
Brokers Protected, Limited Time offer. See Sales Rep for full details. Prices, Specifications and programs are subject to change without notice. Illustrations are artists concept. E & O.E. *Provided the purchaser completes the transaction on the contemplated unit transfer date the purchaser shall receive a credit on the statement of adjustment in the amount equal to 12 monthly common expense fees relating to the unit and any parking or storage applicable. Deposit 5% down and 10% due on occupancy.
studiocondos.ca • 647.352.7736
taxing issues
Buy a home
// By henry choo chong
when you’re ready A
Henry Choo Chong is a certified general accountant. He sits on many committees and provides accounting and tax services to individuals and businesses in the GTA. He can be reached at 416.485.5225. Questions to Taxing Issues can be emailed to choochonghcga@yahoo.ca
The opinions and views expressed herein are those of the author and not those of New Condo Guide. New Condo Guide does not necessarily endorse or encourage any specific tax strategies. Please consult a tax professional for advice specific to your particular situation.
Q
This year, my wife and I would like to get into our first home. We have saved almost $80,000 for a down payment. This was three years of eating out meals at home, and no vacations. Although the real estate market has changed, homes are pricier than three years ago. Is this the right time to buy? Steve and Kathy, North York
052 new Condo Guide apr 26 - may 10, 2014
The Canadian real estate landscape, though it has experienced challenges in some areas and housing types, is proving resilient. Experts do not foresee a U.S. style crash, but a decline in sales with moderate price increases is likely for some areas. Quick flips and fast returns may be a thing of the past. First-time homebuyers should not try to time the market, but buy when you are ready and able. A home used as your primary residence is a great investment. In Canada, the sale of a family home is tax-free. A home that is a principal residence that is subsequently sold at a higher price than initially purchased, will be exempt from income taxes. Secondly, pay yourself first, not a landlord. Mortgage payments are a way of “forced savings.” Thirdly, you can decorate and enjoy the home as you please. No money saved, but gratifying to the soul. Before venturing into the land of home ownership, do some homework.
›› Buy what you can afford Many times, the heart is bigger than the pocketbook. Know what price range is comfortable and try not to deviate. ›› Get the best interest rate and terms Shop around for the best mortgage. A half point rate differential can cost you thousands. So can a mortgage that is closed or not portable. ›› Put down as much as possible to avoid taking a high-ratio mortgage. ›› Ensure your monthly mortgage payments are manageable and will continue to be so even if interest rates rise as early as next year and payments increase. ›› Consider closing costs Set aside an additional two to three per cent of the purchase price for closing costs, including Land Transfer Tax (LTT), legal costs and unwelcome surprises. You do not want get caught short several thousand dollars on closing day. Consult a real estate lawyer, who will give you some ideas. ›› HST & LTT Under certain circumstances, first-time homebuyers can qualify for Toronto LTT and HST rebates. Remember, you pay 13 per cent HST on new homes, not resales. If you’re buying a new home, check if HST is included in the price quoted. What happens to the HST rebate? Who gets it? ›› Home Buyers’ Plan (HBP) Use your Registered Retirement Savings Plan (RRSP) as part of the down payment. An individual and their spouse, provided they qualify, may withdraw up to $25,000 each, tax-free, from their RRSPs. You then have 15 years to repay the amounts to your RRSP, starting after the second year of your withdrawal.
COMING SOON IT IS WHERE ARCHITECTURAL INNOVATION IS TAKEN TO NEW HEIGHTS. WHERE DESIGN ENGAGES THE SENSES AND ELEVATES THE URBAN EXPERIENCE. IDIOSYNCRATIC AND BOLD, IT IS THE SIGNATURE BUILDING IN AN ALREADY ICONIC MASTER-PLANNED DEVELOPMENT, PART OF A STRIKING NEW NEIGHBOURHOOD THAT IS TODAY EMERGING IN TORONTO’S FAST RISING EAST END. IT IS RC3, THE THIRD PHASE OF RIVER CITY.
ARE YOU READY?
EXTREME 416.862.0505
CHINESE HOME & CONDO GUIDE 網上 參閱
Chinese home and condo buyers and investors now have a new comprehensive, full gloss real estate magazine to inform and guide them through the buying process in the Greater Toronto Area.
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ChineseHomeGuide.com
3 19 - May 17, 2014 Volume 3 Issue 四月十九日至五月十七日 / Apr
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Launched in 2012, the Chinese New Home and Condo shopper and investor will have a valuable new resource to help inform and guide them through the newest communities in the Greater Toronto Area. nd 內裝飾 居科技產品 • 煥然一新的室 大多市交通發展項目 • 智能家
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1
newcondoguide.com 054 NEW CONDO GUIDE APR 26 - MAY 10, 2014
APRIL 12 - 26, 2014 NEW CONDO GUIDE 054
Do you have an eye for what’s smart this spring? See if you can spot all four Smart House logos.
Smart condos at Queen and University from $229,900. Now that’s clever living. 416.292.0219 SmartHouseToronto.com
Sales Office Now Open 11 Nelson Street, Toronto M5V 0G2 Exclusive Broker. Prices and specifications are subject to change without notice. Illustrations are artist’s impression. E.&O.E. APR 26 - MAY 10, 2014 NEW CONDO GUIDE 055
IT’S BACK. DON’T MISS OUT.
E-A-S-Y
THE OWNERSHIP PROGRAM:
CAN YOU AFFORD TO BUY AT THE STATION? YES YOU CAN!
These days, with rent on a 2-bedroom apartment in Toronto reaching $2,000/month and beyond**, saving for a down payment can feel next to impossible. But at The Station, our new deposit structure* makes saving a snap. So not only can you afford to buy your own place, but the place you call home can be at North York’s award winning record-breaking development. Here’s how it works.
LET’S SAY YOU’RE LOOKING AT ONE OF OUR EXCEPTIONAL 2 BED + 2 BATH SUITES. YOU GET:
• • • • • •
A sweet corner unit An enormous 175 s.f. balcony Granite countertops Euro-style appliances A window in the master ensuite A place you won’t grow out of
YOU PUT DOWN
$10,000
THE PRICE IS A COOL $450,000, SO SAY YOU PUT DOWN 10% 10% DOWN = $45,000
10%
SOUNDS SCARY, RIGHT? BUT HERE’S WHAT THE STATION WILL DO FOR YOU.
$450,000
WE’LL MATCH THAT
$10,000 = $20,000
WITH A $10,000 DISCOUNT OFF THE PRICE OF YOUR CONDO.
Just like that, in 13 months, your down payment will be done and you’ll be the proud owner of an amazing new condo with expansive Terrence Lukas-designed interiors, spacious balconies, and amenities like The Studio Club, fitness centre and the city’s first indoor/outdoor heated party rooms.
ONLY $25,000 TO GO.
FOR THE NEXT 13 MONTHS, YOU PAY JUST $962/MONTH TOWARD THE DOWN PAYMENT AND WE’LL MATCH IT WITH AN EQUAL $962 DISCOUNT OFF THE PRICE OF YOUR CONDO.
SAFE – The Station is already under construction. SMART – Easy subway access and a 20-minute ride to downtown, mean condos at The Station will always be in demand. GREAT DEAL – With this innovative down payment plan you can finally afford to own your own place.
RUN. WALK. SUBWAY. HURRY. UNDER CONSTRUCTION.
WILSON SUBWAY
YORKDALE MALL
TIPPETT RD
ALLEN
RD
WILSON AVE
HWY.401
YORKDALE SUBWAY
416.398.9777 THESTATIONCONDOS.COM
On Tippett Road, south of Wilson Avenue / Mon to Wed 12–6pm Sat + Sun 12–5pm *Conditions apply. On select suites only. See sales rep for details. Prices, specifications and deposit structures are subject to change without notice. E. & O.E. Exclusive Listing Brokerage: The Condo Store Realty Inc., Brokerage. Brokers protected. Illustration is artist’s impression. **Source: theglobeandmail.com
056 NEW CONDO GUIDE APR 26 - MAY 10, 2014
UNIQUE. UNCOMPROMISING.
DISTINCTIVE. DIFFERENT.
PRESENTATION CENTRE AND MODEL SUITE
N CHURCH ST
ST JOSEPH ST
CHARLES ST E
YONGE ST
BAY ST
CHARLES ST W
DUNDONALD ST
WELLESLEY ST
17 DUNDONALD ST @ YONGE STREET MON-THURS 12-6 PM SAT and SUN 12-5 PM TOTEMCONDOS.COM 416.792.1877
RENDERINGS IS AN ARTIST’S IMPRESSION. SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. E.&O.E. EXCLUSIVE LISTING: BAKER REAL ESTATE INCORPORATED, BROKERAGE. BROKERS PROTECTED.
APR 26 - MAY 10, 2014 NEW CONDO GUIDE 057
condo pro
// by barbara lawlor
Condos: A
first choice for a first home
Barbara Lawlor is president of Baker Real Estate Inc., and an in-demand columnist and speaker. A member of the Baker team since 1993, Barbara oversees the marketing and sale of condominium developments in the GTA and overseas.
T
ime and again, owning real estate has proven to be a wise investment. Historically, homeowners have done well with their return on investment when they sell and move up or right-size their living arrangements. If you have not yet entered the homeownership marketplace, now would be a good time. Mortgage interest rates continue at incredibly low levels, and this single-digit rate phenomenon will come to an end someday. By all means, with prices the way they are today, consider a condominium for your first home.
Whatever you decide, my advice is to buy new and buy now 058 new Condo Guide apr 26 - may 10, 2014
Builders across the Greater Toronto Area are offering wonderful residences that have achievable entry prices for first-time buyers. When you shop for a condo, think ahead and do some research so you find the best fit for your budget and lifestyle. Spend some time online checking out builders and communities in the area where you would like to live. Location is important in so many ways, from how convenient it is to get to shopping, schools and other amenities, to your work commute. Explore each building’s proximity to public transportation and highways. Will the condo feature a car-share program and facilities to store bicycles? Even better, can you walk to local shops and services? If you do not have to own a vehicle, that leaves a lot more potential for how much condo you can afford. Consider the architecture as well. You need to feel comfortable coming home to your building. The diversity of architecture available right now ranges from avant-garde to traditional, and everything in-between. Within this framework, pay careful attention to the amenities included in the building. Remember that amenities are one of the major reasons why condominium living is so much fun. You can access fitness facilities, party rooms, theatres, pools and/or a raft of other common areas that are uncommonly beautiful. These amenities expand on your living space and eliminate the need to leave home to entertain, exercise and socialize. When you are deciding what you can afford in a condominium, be careful to count square footage as only one of the parameters. The layout of your suite will actually be more critical to how livable it is for you. Picture yourself in the suite going about your day-to-day routine. Envision what it will be like when you have a few friends over. If the builder has provided a model suite or two, all the better! Translating a floor plan into reality can be a challenge for first-time buyers. Walk through models in person whenever you can to get a true idea of the suite’s practicality and potential. Models also offer wonderful ideas for decorating and making the best use of compact spaces. When it comes to the bottom line, ask questions. Is the builder offering any special incentives, capped mortgage rates or bonus offers? Take advantage of every financial opportunity that comes your way. If you are buying a suite as an investment, you may find that a one-bedroom-plus-den is more easily rentable than a one-bedroom suite and may be within your financial reach with incentives. Whatever you decide, my advice is to buy new and buy now. Condominiums have been selling like hotcakes across the GTA for good reason. They offer a carefree, maintenance-free environment with terrific amenities in outstanding locations. Standard features and finishes are beyond what we thought possible a decade ago. Buying a condominium suite is an investment in both your financial and personal futures. With a little homework and legwork, your first home can be a great home when you choose a cool condo.
OWN IT Live in this fabulous boutique building at Bathurst & Niagara
NOW OPEN
PATIO
416 SQ.
FT.
90 Niagara offers the most innovative designs anywhere in downtown Toronto. Boutique condos SLIDING
and 2-storey lofts, with great interiors seguing into
DOORS SLIDING
DOORS
fantastic outdoor balconies and terraces. All in a BEDROO
modern and intimate 5-storey building inviting you
9'7" x 9'3
"
M
to live where the city lives. Own it today! LIVING RO 10'3" x 9'2
OM
"
CLOSET
LINEN
BATH
KITCHEN / DINING ROOM 10'0" x 12
45 boutique condos and 2-storey lofts
'3"
DEN
9'4" x 7'2
"
FROM
$362,990
W/D
CLOSET
HVAC
One be droom + Den 67 416 sf. patio = 9 sf. 1095 sf .
TOUR OUR FABULOUS FULLY FURNISHED MODEL SUITE TODAY BATHURST & NIAGARA
CHOOSE YOUR SUITE TODAY, VISIT
90NIAGARA.COM
416-981-0036
Presentation Centre: 90 Niagara Street Hours: Mon. - Thurs.: 12pm - 7pm Sat., Sun. & Hol.: 11am - 6pm. Fridays by appointment. Prices and specifications are subject to change without notice. E. & O. E. Rendering is artist’s concept only.
APR 26 - MAY 10, 2014 NEW CONDO GUIDE 059
condo profile
90 NIAGARA
Tour the fully decorated designer model suite at Niagara and Bathurst
90
Niagara is at the centre of all the action, a modern new midrise residence just opened at this sensational new Downtown West address.
“Over the years, the city watched as Queen Street West and then King West became real estate hotspots,” says Jim Andrews, director of sales and marketing at Fieldgate Homes, the builder-developer behind the project. “When the site at 90 Niagara became available, we felt it would be an ideal neighbourhood for an intimate midrise residence, offering a choice of both urban lofts and condos.” The company’s belief in the attractiveness and appeal of the site was certainly confirmed by the size of the crowd who attended the jam-packed opening. People not only showed up at the preview opening, but they came prepared to buy. Most of the units are being purchased by young professionals, singles and couples who live, work and play downtown, and people who were searching for an alternative to highrise living. Instead, 90 Niagara is an intimate boutique building that will stand just five storeys high, near the corner of Niagara Street and Bathurst Street. Contemporary in its architectural design, and merging comfortably with the architecture and attitude of the area around it, the boutique building will be comprised of 45 single-level condos and two-storey lofts. Most units offer big balconies and terraces, and are luxuriously appointed with features including hardwood flooring, Caesarstone countertops, and stainless steel kitchen appliances. Size-wise, the condo units start with a one060 new Condo Guide apr 26 - may 10, 2014
bedroom-plus-study measuring 526 sq. ft. with a 95-sq.-ft. terrace, and a two-bedroom at 800 sq. ft. with a big 218-sq.-ft. terrace. The two-storey lofts range from one-bedroom-plus-den/study all the way up to a three-bedroom unit measuring 1,277 sq. ft. with a 74-ft. balcony. Residents of the building will revel in the vibrant urban character of the neighbourhood, and will love being just minutes from so many Toronto amenities, with the Fashion, Entertainment and Financial Districts to the east, and Little Italy to the north. It’s all here steps from the city’s best shops, restaurants and clubs, with the TTC right at your doorstep, and both the Rogers Centre and ACC nearby whenever you want to catch a game or take in a concert. There’s plenty of greenery nearby as well. Both Victoria Memorial Park and Stanley Park are a short stroll away. Travel south on Bathurst, past historic Fort York, and you arrive at Queen’s Quay West and Harbourfront, as well as Billy Bishop Toronto City Airport. WalkScore.com gives the 90 Niagara area a Walk Score of 88, meaning that it’s a “Walker’s Paradise” where daily errands do not require a car. Included in the building’s amenities and an elegant residents lounge/party room, an inviting outdoor terrace with seating and barbecue area ideal for alfresco dining, as well as a modern, stylishly appointed lobby. The common areas, like the suite finishes themselves, have all been appointed by award-winning interior designer Bryon Patton who definitely rose to the challenge when Fieldgate commissioned him for the job. “It’s always great to flex our design muscles to create
It’s always great to flex our design muscles to create a cool, sophisticated urban design, but at the same time a warm, welcoming residential ambiance
a cool, sophisticated urban design, but at the same time a warm, welcoming residential ambiance,” says Patton. “Like its lobby and amenities, 90 Niagara is boutique style and intimate but packed with function and style.” Units range from the 500’s to over 1,000 sq. ft. in size, and are priced from the mid-$300,000s. The builder has also worked with RBC to develop an affordable financing package tailored to first-time buyers. Founded in 1957, Fieldgate Homes is known for building architecturally unique homes in distinctive neighbourhoods – homes that are both showpieces of craftsmanship and distinction. Over the course of 56 years, the company has diversified greatly, guided by a seasoned management team, and in the process has won a number of coveted industry awards. Visit the presentation centre, located at 90 Niagara St. and the Patton-designed model suite today! For further information, visit online at 90niagara.com or call 416.981.0036 apr 26 - may 10, 2014 new Condo Guide 061
MOVE IN THIS SPRING!
The Pinnacle life awaits you in 2014! PINNACLEINTERNATIONAL.CA Brokers Protected. Renderings are artist’s concept only. Prices and specifications are subject to change without notice. E.&O.E. 2014
Immediate Occupancy! From the mid $300s 3981 Grand Park Drive Mississauga 905.276.3981
MOVE IN THIS FALL! From the low $700s 5044 Hurontario Street Mississauga 905.568.9000
MOVE IN THIS SUMMER!
From the mid $200s 5044 Hurontario Street Mississauga 905.568.9000
From the mid $300s 283 Adelaide Street West Toronto 416.596.1600
Stay up-to-date. Download the Pinnacle iPad app!
Industry Insider
// By David Hirsh
Your handy new-home shopping top 10 list 3. Location: Consider travel time to and from work, and your proximity to the neighbourhood amenities you want including access to public transit. 4. Design: Do you need an office/den or more bedrooms? Do you prefer open-concept living or structured rooms? How you use your space will dictate the perfect layout for you. You’ll likely live with these decisions for a long time.
David Hirsh is president and CEO of Brandy Lane Corp. David prides himself on his creative hands-on approach to all stages of the development and building process. He believes that everyone is his client. The company’s newest communities are the highly successful Wyldewood Cove in Collingwood, and coming soon, The Davies, at Avenue Road and Cottingham. Visit BrandyLaneHomes.com.
B
uying a home is one of the biggest purchases you’ll ever make. With a myriad of options, it could also prove stressful if you’re not prepared. Here are 10 things you’ll want to consider when shopping for your new home:
1. Buy what you love when you need it. Choose a home that reflects your needs and pick the most home you can comfortably afford. Don’t buy into ‘boom’ or ‘bust’ soothsayers. Buy when you’re ready, not when you think the market’s ready for you. 2. Builder reputation: Ensure your builder has a portfolio of qualitybuilt homes. And there’s nothing like a getting a referral. If someone you trust recommends a builder based on their personal experience, even better! 064 new Condo Guide apr 26 - may 10, 2014
5. Consider the building’s amenities. For both a condo and house, you’ll also want to consider what’s in the area. Sources like WalkScore.com can provide a good idea of local hot spots. 6. Finishes: Everything from lighting to bathroom fixtures, kitchen and bathroom cabinets, and flooring will affect the way you’ll feel in your space. Quality features and finishes reflect who you are and how you live, and should withstand normal wear and tear. 7. Consider upgrades that will make your home more efficient and increase its value when it comes time to sell. Plus, have upgrades you want completed prior to occupancy, as work done by the builder will be covered by Tarion warranty. Most importantly, understand what’s included as standard when you decide to buy. 8. Condo versus freehold: Consider whether you love DIY projects around the house or would prefer that someone else take care of the maintenance for you. Condo maintenance fees cover upkeep of common areas, parking and amenities. A percentage of these fees is also automatically ‘saved’ in a reserve fund for replacement of major items. Freehold maintenance costs are more ad hoc, so save some money monthly for that rainy day when the roof may leak. 9. Outdoor space: Do you like to barbecue and dine alfresco? Does your dog need somewhere to run? Planning a tree house for the kids? Do you need a balcony or a backyard? All these things affect how much outdoor space you need. 10. Resale versus new: Buying new often means waiting to move in. However, new homes in Ontario are covered by one of the most comprehensive mandatory warranty plans in North America. When buying resale, determine what additional expenses you’ll incur should you require renovations or updates that might be avoided by buying new.
APR 26 - MAY 10, 2014 NEW CONDO GUIDE 065
money matters
// by gail vaz-oxlade
How to be
Gail Vaz-Oxlade is the host of Til Debt Do Us Part, author of Debt Free Forever and blogs daily at gailvazoxlade.com. Follow Gail on Twitter at twitter.com/GailVazOxlade
I
’ve often said that becoming debt-free is simple but it isn’t easy. And that’s the problem most people have with biting down and getting to work. They would rather whine about how horrible life is, complain about how stressed they are or simply stick their heads in the sand, than get busy. If you’re one of the people who is procrastinating about taking control of your money and your life, you first have to figure out why you’re procrastinating. At the University of Konstanz in Germany, a team of psychologists wanted to see if our tendency to procrastinate had anything to do
066 new Condo Guide apr 26 - may 10, 2014
DEBT-FREE FOREVER with how we think of the task at hand. Could it be that if we see something as psychologically “distant” – like getting to debt-free – that makes us resistant to tackling the task immediately? A group of students were asked to respond to some questions by email within three weeks. The questions had to do with run-of-the-mill tasks like opening a bank account or keeping a diary. Students were given different instructions for answering the questions. Some were asked to think and write about each activity in an abstract way, as in what the task implied about personal traits: what kind of person has a bank account? Others were asked about the concrete steps of each activity: speaking to a teller, filling out forms, making an initial deposit. Then the psychologists waited and waited… and waited. They recorded all the response times to see if there was a difference between the two groups. Guess what? There was. A very clear difference. While all of the students were being paid upon completion, those who were asked to think about the questions abstractly were more likely to procrastinate. Some never got around to the assignment at all. Those who were focused on the concrete steps – the how, when and where of doing the task – got the job done sooner. It seems that just thinking about what you want to accomplish in concrete, specific terms reduces our tendency to procrastinate. Blame your fear. Blame your sense of failure. Blame your belief that you can’t do it yourself. Whatever excuse you use, you’re guaranteeing failure. Take the bull by the horns, lay out a plan of action, make that plan specific, measurable, achievable, realistic and timely, and you’re on your way to becoming debt-free forever. Start now. Each time you put off getting started, you allow the problem to
grow in size and complexity in your mind. For as long as you’re not doing something about a problem, you’re allowing the fear to build. Stop living in fear and start doing something different. Break down the steps. Make the concrete plan. Make the steps manageable. Setting a goal of being debt-free forever by the end of the year is great, but only if you also know how you’re going to do it. “I’m going to cut $200 in unessential spending from my budget and apply that to my debt repayment.” Those concrete steps are what will make the plan actionable. Enjoy the challenge. Yes, it may feel like you’re about to climb a mountain, but how you approach the mountain will make all the difference in the world. If you keep looking at how high it is and reinforcing how impossible it is to get to the top, you’ll fail. If you see each step you take up the mountain as something to celebrate, you’ll eventually reach the summit.
WE ARE YONGE & EGLINTON!
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2-YEAR
RENTAL LEASEBACK+ FREE MAINTENANCE*
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• 2-Years Free Maintenance • 2-Years Free Property Taxes
EGLINTON AVE
PRESENTATION GALLERY 2221 YONGE ST. MON-FRI: 11:30AM - 6:30PM SAT-SUN: 11AM - 5PM
Condos on the Yonge Subway Line from the low $300’s Visit the presentation gallery today! TAKE ADVANTAGE OF A 2 -YEAR WORRY FREE INVESTMENT!
Tower Hill Development Corporation
2221YONGE.COM 647.350.2221 Tower Hill Development Corporation
Exclusive listing brokerage Baker Real Estate Incorporated. Brokers protected. Illustrations are artist’s concept. Prices and specifications are subject to change without notice. E.&O.E. *See a sales representative for details.
067
in the news
Good things come in threes at Valhalla
Edilcan’s latest release offers last chance to be first in this community At Valhalla in Etobicoke, Edilcan Development Corp. has already
created a stunning condominium and townhome community where buyers have resoundingly embraced the first two phases, the sold-out One Valhalla and Thunderbird, due for completion this spring. Now, with the release of the third and final tower, Triumph at Valhalla, buyers have one last opportunity to call Valhalla “home.” Triumph offers unprecedented value from the low $200,000s. This multi-faceted community is just minutes from the shopping and dining mecca of Sherway Gardens, Pearson Airport, Hwys. 401 and 427, and only about 15 minutes away from the downtown core, all in a gorgeously landscaped setting. Valhalla residents also benefit from the Valhalla Shuttle, which will transport them directly to the nearest subway station, shopping facilities and the airport. Triumph is a rare opportunity for city-lovers to enjoy all the perks of a condominium lifestyle while still nurturing family life. It’s clear right from the front garden that the Valhalla community is something special. In addition to fully equipped fitness centres, Internet lounges, guest suites and three spectacular party rooms with catering kitchens, Triumph residents will love playing close to home in the media room, large pool, whirlpool, kids’ splash pad and children’s playroom. Renowned architects Page + Steele / IBI Group have created a distinctive setting that incorporates elements of an old-world aesthetic with thoroughly modern design cues and landscaped squares in the European tradition. Suite layouts emphasize natural light and an airy feel with expansive windows and
high ceilings. Sleek kitchens, cast stone vanities with rectangular sinks, stainless steel appliances and a choice of quartz and granite counters embody timeless elegance as well as the most desirable modern conveniences. Terraces and patios are hooked up for natural gas, further enhancing the indoor/ outdoor lifestyle in such abundance at Triumph. Edilcan Development Corp. has been setting the standard for quality and design across the GTA for more than 60 years, with over 10,000 homes and hundreds of buildings to its credit. With 80 per cent of the suites priced under $300,000, meticulous attention to design detail, a profusion of stunning outdoor spaces and highly desirable amenities, Triumph at Valhalla continues the tradition of excellence already evident in this established community. Don’t miss your last chance to be among the first to come home to Valhalla. Visit the sales centre at 2 Gibbs Rd. in Etobicoke. Hours are Monday to Thursday from noon to 6 p.m.; Saturday, Sunday and holidays from noon to 5 p.m.; closed on Friday. For more information and to register today, visit triumphcondos.com or call 416.233.5554.
068 new Condo Guide apr 26 - may 10, 2014
T R I U M P H C E L E B R AT E S T WO N E W MODE L SU ITE S. AFFORDABLE LUXURY NEVER LOOKED BETTER. Triumph, the exciting third phase of Valhalla in Etobicoke is now open. Two new decorated designer suites. Incredible amenities. Spectacular views. And value that has to be seen to be believed. Be the smartest. Be the first. It's your Triumph.
TRIUMPHCONDOS.COM 416.233.5554 From the low $200's. Parking included. Special Grand Opening incentives available for a limited time!
BURNHAMTHORPE RD
HWY 427
SALES CENTRE GIBBS RD BLOOR ST W
THE EAST MALL
VALHALLA INN RD SITE
PRESENTATION CENTRE & MODEL SUITES 2 GIBBS ROAD MON-THURS: 12-6PM SAT, SUN, & HOLIDAYS: 12-5PM FRIDAY: CLOSED
Exclusive listing brokerage MarketVision Real Estate Corp. Brokers protected. Prices and specifications subject to change without notice. E.&O.E. Illustration is artist’s impression.
APR 26 - MAY 10, 2014 NEW CONDO GUIDE 069
tarion report
Inspect your new home carefully
Howard Bogach is president and CEO of Tarion Warranty Corp. For more information about how Tarion helps new-home buyers, visit them online at tarion.com or find them on Facebook at facebook.com/TarionWarrantyCorp.
O
ne distinction between buying a new home in Ontario, versus an older resale, is the mandatory warranty supplied by your builder and guaranteed by Tarion. The warranty ensures that homeowners receive a new home that is constructed in a workmanlike manner, is free from defects in material, is fit for habitation and is constructed in accordance with the Ontario Building Code. The first chance homebuyers get to inspect their new home is during the Pre-Delivery Inspection, also known as the PDI, which takes place before you move in. Your builder is required by Tarion to conduct a PDI with you on or before the day you take possession. This is
// by howard bogach
before you move in your opportunity to view your home in its entirety, learn about how to maintain it, and take stock of anything that may be damaged, incomplete, missing, or not working properly. You may be excited to show it off to your friends and family, but this is not the time. The PDI is an important part of taking possession of your new home, and this step deserves your full attention. If you are not able to attend yourself, you can ask someone you trust to be there on your behalf. During the PDI, you should carefully examine your home for things such as chips in bathtubs and sinks, scratches on countertops, damage to floors, walls, cabinetry or other finishings, and doors and windows that are not secure or do not open and close easily. Your builder’s representative will note everything on a PDI form. Review the form carefully to make sure it’s complete. This will become the official record of the condition of your home before you moved in. In case of a disagreement between you and your builder over whether any damage occurred before or after you took possession, Tarion will refer to the notes on your PDI form. If for any reason, the condition of the home makes it impossible to accurately assess its condition – for example, if there is still too much construction dust or debris covering the surfaces, you should ask the builder’s representative to reschedule the inspection for when the home is cleaned. If for whatever reason you are unable to assess something during the PDI, simply make note of it on the form.
The New Home Buyer section at tarion.com has a number of resources to help you prepare for your PDI, such as the PDI Checklist and a guide to Getting Ready for the PDI Use the PDI as an opportunity to ask questions and learn about how your home functions. Your builder will show you how to operate your home’s systems, such as heating, electrical, air conditioning and plumbing, and provide you with operating manuals. The New Home Buyer section at tarion.com has a number of resources to help you prepare for your PDI, such as the PDI Checklist and a guide to Getting Ready for the PDI. You’ll also find the Homeowner Information Package, or HIP, which your builder will provide on or before your inspection date. I always recommend buyers read the HIP before their inspection. Being informed and well prepared is the best way to start your home ownership experience! If you have questions about your warranty, visit tarion.com or find us on Facebook at facebook.com/tarionwarrantycorp apr 26 - may 10, 2014 new Condo Guide 070
Real Estate Incor porated
DUNDAS SQUARE GARDENS! O’S T N O R O NT
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416-645-8575 REGISTER NOW DUNDASSQUAREGARDENS.COM Exclusive Listing: Baker Real Estate Incorporated Brokerage. Brokers Protected.
*Prices and specifications are subject to change without notice. Illustrations are artist’s concept. E.&O.E.
Real Estate Incor porated
condo profile
Old Toronto reborn with rise of
DUNDAS SQUARE GARDENS
It is the very interesting crossroads of Jarvis Street and Dundas Street East which played an inspirational role in the design by Page + Steele/IBI Group Architects. “Dundas Square Gardens will abut two very distinct neighbourhoods,” says Mansoor Kazerouni of Page + Steele. “To the west is Toronto Eaton Centre and Yonge and Dundas Square, all very active and animated 24 hours a day, while the project itself will sit in the ‘Garden District,’ with Allan Gardens adjacent, and this dichotomy is what we wanted to capture and reflect by way of architectural expression.” What Page + Steele/IBI Group Architects created will be a soaring 47-storey condominium tower, complemented by a shorter 17-storey Garden Tower, all connected and featuring more than few blocks south of Dundas Square Gardens – 16,000 sq. ft. – a third of an acre the exciting and transformational new condos – of rooftop garden terraces varying from The Easton’s Group, soon to rise at in size and features. The taller tower Dundas and Jarvis Streets – marks the actual birthplace will reflect the urban context of its of the original Toronto more than 150 years ago. surroundings, while the garden In those days, horse-drawn carriages would amble terraces emphasize the park-like on muddy streets bordered by gas lamps, passing the nature of the neighbourhood. city’s first post office and police station. Jarvis Street was “Our concept was to extend the one of the most important north-south thoroughfares garden environment into Dundas in the city, leading from the centre of commerce to the Square Gardens by engaging the “outskirts” of the city where the elite gentry resided in outdoors and bringing it within the their stately mansions. development,” explains Kazerouni.
a
072 new Condo Guide apr 26 - may 10, 2014
The Tower has a façade of balcony stacks and shifting grids which will make the building appear different from various vantage points “Each terrace will create an outdoor living environment as an extension of your personal living space, and each terrace will be different in feel and appearance to create a variety of experiences, just like nature delivers.” Also inspiring the design of Dundas Square Gardens is the very nature of the changing architecture now emerging in the Jarvis Street area; a character that is evolving and changing, and reflective of the history of the city. “The tower has a façade of balcony stacks and shifting grids which will make the building appear different from various vantage points,” says Kazerouni. “We also drew inspiration from the transparency of the National Ballet School just up Jarvis Street, with the creation of the project’s thirdfloor Sky Lobby, which will be our transparent frontage – lively, lit up, and engaging with its ongoing animation.” There is no question that Dundas Square Gardens is leading the re-birth of Toronto’s oldest and first neighbourhood. “Very much so,”
says Kazerouni. “It’s prompting the reinvigoration of Dundas east of Yonge Street and setting the tone for future developments. We are enhancing the public realm by setting the ground floor frontages back to widen the sidewalks on Jarvis, Dundas and George Streets, allowing opportunities for tree planting along Jarvis Street and an overall enrichment of the urban fabric by introducing active animated uses along the edges at street level. The beacon high atop the tower will be a landmark in the area. We envision Dundas Square Gardens to be a ‘gateway to the east’.” To further contribute to the enhancement of the neighbourhood, Easton’s Group is donating 13,000 sq. ft. of space in the development to the City for the creation of a community-oriented cultural facility. The timing for this project could not be better for residents, who can now invest in downtown Toronto living with prices as low at $199,900. “It’s time for this part of the city to re-emerge,” says Kazerouni. “And we’re already seeing it with a few recent developments. Collectively, they are reinforcing the neighbourhood’s potential as a highly integrated and livable part of Toronto’s downtown core.” The combination of an urban context with a garden-like environment were two very evident reasons old Toronto started in this neighbourhood, and by combining those characteristics at Dundas Square Gardens, history may indeed be repeating itself with the neighborhood thriving yet again. Register for more information at dundassquaregardens.com or call 416.645.8575. apr 26 - may 10, 2014 new Condo Guide 073
luxury homes and condos to life
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Exclusive listing: Milborne Real Estate Inc. Brokers Protected. Rendering’s is an artist’s impression. Specifications are subject to change without notice. E.&O.E.
in the news
THE TAYLOR LOFTS IN LESLIEVILLE celebrates grand opening
Hip, urban and chic, words that have described the eclectic and emerging Leslieville neighbourhood, can also be used to describe The Taylor, Streetcar Developments’ new condominium consisting of 96 modern lofts. Take advantage of the limited-time purchasing incentives on Sat., Apr. 26 at noon at the grand opening, where representatives will walk you through floor plans, a model kitchen and finishes, while answering any questions you have about this exciting new development. The Taylor is designed as the perfect reflection of those who choose a Leslieville lifestyle – cool, contemporary and confident tastemakers who radiate sophistication. The building’s bold design by TACT Architecture honours the historic warehouses so renowned in the area, with distinctive window patterns and materials with red-brown hues. The Taylor also features the unique ‘Öko-skin,’ concrete slats with a look reminiscent of wood, creating a striking and modern façade. A stepped-back, sevenstorey height provides the ultimate in a boutique building feel, melding seamlessly into the neighbourhood. Complementing the historical feel of the neighbourhood, the building’s exterior is sleek and contemporary. Interiors designed by Seven Haus Design are a fusion of fashion and functionality to adapt to how residents at The Taylor live their lives. Thoughtfully planned and flexible layouts minimize space to living efficiency. Design features include nineft. exposed concrete ceilings, engineered hardwood flooring throughout, quartz kitchen countertops, porcelain backsplashes, undermount sinks, under-cabinet lighting and integrated stainless steel appliances. Lofts include one-bedroom to two-bedroom-plus-den with two-bathroom designs, and priced from the mid-$200’s. 076 new Condo Guide apr 26 - may 10, 2014
The Taylor will be ideally situated among trendy shops, galleries, boutiques, and restaurants which give Leslieville its palatable and unmistakable vibe. From classic diners to the ultimate in brunch destinations, and specialty food stores such as the Leslieville Cheese Market and Rowe Farms, every palate is satisfied and every dining option is delivered, just steps from your door. The Taylor offers immediate access to TTC on Dundas, Carlaw and Queen, with the DVP a few blocks west and the Gardiner Expressway mere blocks to the south, ideal for daily commutes or spontaneous weekend escapes. Located next to Streetcar’s successful Carlaw condominium, now under construction, The Taylor puts you next door to the new home of Crow’s Theatre at the base of The Carlaw. Including a 200-seat theatre, studio rehearsal space, community programming area and stylish bar and restaurant, Crow’s Theatre is destined to be a cultural hub in the Leslieville area and will be the largest theatre to open east of the DVP. The Taylor is a stylish expression of urban lifestyle at its finest. Learn more by attending the grand opening at 43 Davies Ave. (Queen and the DVP) on Sat., Apr. 26 at noon. In order to receive details on the purchase incentive, register today at taylorlofts.ca or by calling 416.690.8588.
APR 26 - MAY 10, 2014 NEW CONDO GUIDE 077
Designer Advice
the tile file // by Yanic Simard It may be funny getting an English lesson from a French designer, but here-goes: “tile” refers to any type of earthenware slab used to cover a building surface, and we know it to be a very popular choice for interiors, from kitchens to bathrooms and beyond. Ancient Greeks began using baked tile to replace thatched roofs – later it was named “tuile” by the French and became a design staple. Modern tile can be natural or manufactured, large or small, tough or delicate, and when done right, always makes a great investment. Here is my guide to all things tile!
photo by brandon barre
continued on page 80...
078 new Condo Guide apr 26 - may 10, 2014
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*Limited time offer. Conditions apply. See sales rep for full details. Exclusive Listing: Baker Real Estate Incorporated Brokerage. Brokers Protected. Prices and specifications are subject to change without notice. E. & O. E. Illustration is artist’s impression.
APR 26 - MAY 10, 2014 NEW CONDO GUIDE 079
Designer Advice
continued…
Material
›› Ceramic is the oldest tile, having been produced for more than 4,000 years. It’s made of clay, sometimes mixed with other earthy materials. Typically it’s the most inexpensive, but because any colouration is usually applied only to the surface it may show wear and tear much faster. It’s great for decorative details such as borders and backsplashes. ›› P orcelain is an advanced form of dense ceramic tile, baked at high temperatures and less porous, which originated centuries ago in China but only in recent decades became available to the masses. The colour runs through the entire thickness, so a small chip won’t stand out. It works for showers, tub surrounds, floors, and backsplashes, as it wears well. It’s more expensive than ceramic, but cheaper than marble. Porcelain remains the most popular tile choice. ›› Stone tiles cut from natural materials like slate, sandstone and granite are resilient like porcelain, with a more raw textural surface and unique variations in colour. Typically, it’s hard-wearing and thus popular for flooring. Travertine is sometime used as a marble substitute, but beware that it can be much softer than other stones. ›› Marble is a natural stone prized for centuries for its timeless beauty. Every slab is unique. It’s very porous and susceptible to stains, and thus must be sealed properly. If you’re concerned, use it sparingly in places where it will see minimal contact with water, oils or products (such as a powder room). Calacatta Oro is my favourite variety. Also look to designer fave Cercan Tile for their wide selection of faux marble porcelains.
›› Quartz is a non-porous stone which gives a luxe look like marble but resists staining. It can be difficult to install because it also resists adhesives. Engineered quartz bonds 90 per cent or more real quartz together with polyester resin for a more affordable, very durable option which is suitable for workspaces in the kitchen, like backsplashes and even countertops. Tile Terms
›› Honed tile is stone which has had the surface ground to a smooth and matte finish. ›› Rectified tile has been cut to size to ensure every tile is identical. Porcelain and ceramics can warp and shrink slightly during baking, and thus must be trimmed for an exact match. ›› Gauged tile is a natural stone that has been ground to a consistent thickness, also leaving a rough back for easier application. ›› Glazed ceramic tile has been coated before firing to produce brighter colours and a more durable finish. It can be double glazed for bolder patterning, but an actually less strong surface. ›› Polished tile will have a slicker, glossier finish than unpolished (matte) tile. Format
›› Subway tile is a rectangular style, usually half as tall as it is wide (typically three by six in., two by four in., four by eight in., or wider formats like two by eight). It can be laid in various patterns, including stacked, herringbone, crosshatch, or traditional brick offset to create different looks. continued on page 82… 080 new Condo Guide apr 26 - may 10, 2014
Designer Advice
continued…
›› Reflective tiles are a hot trend right now, using extra glossy finishes to create a near-mirror surface that expands a space while creating an ultra-modern appeal. They can be metallic in gold or silver tones, smoked or fully reflective. ›› Pattern can be introduced either with pre-painted or embossed tile, or by using multiple colours or sizes of tile to create an effect. Pattern works well as an accent for a shower, niche, backsplash or even as a headboard feature wall in a bedroom.
Photo by Leni Johnston
Maintenance
›› Oversized slab tiles (rectangular 12 by 24 or square 12 by 12 in., or even larger) are one of my favourite ways to create a luxe look. When laid in a brick pattern with minimal grout they can appear as one continuous surface – apply them floor-to-ceiling in a bathroom for a spa feel that expands the space. ›› Mosaic tiles, usually less than one inch square (or in more intricate shapes) usually comes in square or rectangular sheets to aid installation. It’s popular for shower enclosures and backsplashes. Note that small tiles use a large amount of grout and may require more maintenance. It makes a great border between slab tiles or subway tiles to add interest, or fill a niche to create a feature. Style
›› P lain tiles are typically porcelain or ceramic in a solid colour (or a consistent coloured stone). You can pop the tile pattern with bold grout – in one recent bathroom project I used a masculine mocha colour with contrast grout for a simple and timeless look. ›› T exture, naturally found in stone or added to manufactured tiles, adds visual depth and a sense of warmth. It’s usually not as easy to clean as a smoother finish, but can be more inviting. 082 new Condo Guide apr 26 - may 10, 2014
›› Regularly sweeping or mopping a tile floor in any material will clear away grit and soil that can cause scratches. Squeegee your bathroom tiles (after using a pH-balanced cleaner) to avoid build-up of discolouring particles. ›› React to spills by cleaning with soap and water immediately (to avoid stains). Intense cleaners like bleach are usually not recommended, especially for porous marble and other stones. Again, ask a professional about cleaning products before testing. ›› Grout should usually be sealed when applied, and can do with occasional re-sealing (as well as the surfaces of most porous stones like marble). Check with your supplier to see what products are recommended. It is possible to re-grout existing tile, but it can be work intensive and time consuming, as the existing grout will have to be entirely removed to avoid cracking. ›› Replacing a damaged or broken tile requires the entire tile and all old adhesive to be removed to make way for a new tile, along with new mortar and grout. If possible, keep a record of your grout colour for future matching.
Yanic Simard is the design editor of New Condo Guide and principal designer of the Toronto Interior Design Group. Specializing in residential and commercial projects, Yanic often applies his signature high/ low and old/new combination design techniques in developing unique interiors. Yanic has created designs for clients in Toronto, Montreal and Miami, and has appeared as a regular guest expert on Citytv’s CityLine. For more information visit tidg.ca.
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in the news
ONTARIO’S ECONOMY POISED FOR ACCELERATED GROWTH IN 2014: RBC economics
Ontario’s economy is expected to visibly pick up in 2014 with export demand and business investment kicking into higher gear, according to the latest RBC Economics Provincial Outlook. RBC expects real GDP growth to accelerate to a four-year high of 2.5 per cent in 2014 and an even stronger 2.9 per cent in 2015. “We believe Ontario exporters stand to benefit strongly from improving demand from south of the border as the U.S. economy continues to ramp up significantly this year,” says Craig Wright, senior vicepresident and chief economist, RBC. “While there is
RBC Economics expects housing starts in the province to moderate to 59,100 units in 2014 from 61,100 units the year prior 084 new Condo Guide apr 26 - may 10, 2014
room for advances in motor vehicles and parts – Ontario’s key export category – greater opportunities may lie in a broader range of made-in-Ontario products and services, such as consumer goods, equipment, software applications and engineering.” The report also notes that the February release of Statistics Canada’s P&PI survey brought some good news on the capital expenditures front – Ontario businesses plan to increase spending on non-residential outlays by 3.7 per cent in 2014. Further, manufacturers are penciling in an 8.8-per-cent boost, two-thirds of which will take place in the transportation equipment industry where capital spending is set to surge almost 29 per cent. Another positive from the survey was plans by local and municipal administrations to boost their capital spending by close to 20 per cent in 2014, RBC says, after three years of considerable declines and amid largely flat spending at the provincial and federal levels. “This is evidence that Ontario municipalities are firmly engaged in addressing the need to upgrade and expand public infrastructures in the province,” says Wright. On the residential side, the P&PI survey indicated that housing investments will decline for the second year in a row, which is consistent with RBC’s outlook for the Ontario housing sector. RBC Economics expects housing starts in the province to moderate to 59,100 units in 2014 from 61,100 units the year prior.
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APR 26 - MAY 10, 2014 NEW CONDO GUIDE 085
City Scene
Why I think
// by Brad J. Lamb
interest rates are going nowhere
T Brad J. Lamb is president of Lamb Development Corp., one of Canada’s leading condominium development companies, as well as Brad. J. Lamb Realty, Toronto’s top condo real estate brokerage. Over the last 25 years he has successfully led the marketing and sales programs for over 100 condominium projects in Toronto, Ottawa, Montreal and most recently Calgary. Visit torontocondos.com or follow Brad on Facebook, Instagram and Twitter @BradJLamb
he focus of discussion on interest rates has been that we will likely see them rise with reduced unemployment figures, perhaps with an unemployment rate of 6.5 per cent or so. Economists and other experts have weighed in that this is likely going to happen in late 2014. That is to say that they believe the Central Bank will start to raise rates soon. They have been predicting this imminent change every year for four years. Well, I’m no economist or expert, but I am equipped with excellent common sense and an ability to look forward and identify what may be problems prior to them occurring. I think that too many “experts” (save a few) are not seeing the interest rate issue clearly. All central bankers in the big seven western countries got their job through political appointments – from their president or prime minister. Every one of these countries has borrowed a huge amount of money to jump-start their economy and bail out their banks and insurance companies. Their debt, and deficits, have ballooned. Even conservative Canada has hugely increased its debt from $457 billion in 2008 to $602 billion in 2013. This represents a 32-per-cent increase in five years. We will only likely hit an annual budget surplus in 2016 and by that time, our debt will have ballooned even higher. The other big six have no hope of hitting a surplus for years.
Low Central Bank rates are here for a long time. I believe they will stay very low into the next decade, and beyond. There is not a chance that any western country can, or will, increase their central bank rates anytime soon, or they risk putting their fiscal house and economies in peril. In short, they won’t be able to fund or finance their debt. For most countries, this deleveraging will take years – many years. We have, in Canada, the benefit of a coming surplus, but have the added problem of a potentially strong dollar if we raise interest rates. This will hurt our export economy. There is no wiggle room for higher rates. Low Central Bank rates are here for a long time. I believe they will stay very low into the next decade, and beyond. The damage done to the U.S. debt is almost catastrophic and will take 10 to 15 years to fix, even with low interest rates.
086 new Condo Guide apr 26 - may 10, 2014
Y RD N O PPA M R HE N re t A n H E S PE e C AG W O tion ,500 L VIL NO senta $177 re rom P ur ng F O it arti s i V St
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All prices, sizes and specifications are subject to change without notice. Rendering’s are artist’s impression only. E. & O. E.
Site & Sales Office Location: 3260 Sheppard Avenue East Toronto, ON M1T 3K3
condo watch
new releases & grand openings SQ at Alexandra Park by Tridel
416
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@wall2wallmedia.com
previews & registrations HighPark Condominiums by The Daniels Corp.
Grand opening of this dramatic new condo in this master-planned community at Spadina and Queen. Web: Tridel.com
1 Yorkville by Bazis/Plaza
Now open in Toronto’s lap of luxury. Visit the presentation centre at 162 Cumberland St. Web: 1Yorkville.ca
FWD Condominiums by Concord Adex
The latest phase launched in the Concord CityPlace neighbourhood. Register now. Web: CityPlace.ca
New release of townhomes in Eglinton West. Get connected, live life on tomorrow’s fast lane. Web: EmpireTheHub.com
The Code Condos by BLVD & Lifetime Developments
The Britt Condos by Lanterra
Offering affordable living in Forest Hill, condos starting in the mid-$200’s. Register now. Web: TheCodeCondos.com
New release of The Upper Suites. See The Britt from a different point of view! Web: TheBrittCondos.com
Canary Park Condominiums by Dundee Kilmer Developments
Riva del Lago by Monarch
Register to learn more about this condo coming soon to Canary District – home to the athletes of the Pan/Parapan Am Games, winner of Community Of The Year. Web: CanaryDistrict.com
Grand opening now on at a new boutique condo making waves on the waterfront. Web: MonarchGroup.net
87 Peter by Menkes
Grand opening now on in Leslieville. 96 modern lofts priced from the mid-$200’s. Web: TaylorLofts.ca
The Parkside Collection has arrived! Limited collection of two-storey walkouts offering street side living steps to High Park. Register now. Web: DanielsHighPark.com
Coming soon: great location, stylish design, superb amenities in the heart of the city. Register now. Web: Menkes.com
Yorkville Plaza II by Camrost Felcorp
The College Condominium by Tribute Communities
A new signature residence coming soon to Cumberland and Avenue Road. Preview registration now on. Web: CumberlandTower.com
Harbour Plaza by Menkes
Coming soon to the heart of the city – condominiums at York and Harbour. Register now. Web: Menkes.com
Ten93 by Pemberton Group
Now previewing: an eclectic fusion of fashion, art, culture, creativity and style at Queen West and Dovercourt. Web: Ten93QueenWest.com
One Park Place, South Tower by The Daniels Corp.
Coming this spring to Sumach south of Dundas, the “one” place to be in downtown east. Register for information. Web: DanielsOneParkPlace.com
King & Parliament by Great Gulf
Condos priced from the mid-$200’s coming soon to King and Parliament. Opening in spring 2014. Register now for priority updates. Web: GreatGulf.com/comingsoon 088 new Condo Guide apr 26 - may 10, 2014
The HUB by Empire Communities
Now previewing. Discover everything College and Spadina has to offer. Web: MyTribute.ca
River City 3 by Urban Capital
Experience “Extreme Architecture” at it finest. Register now for your priority preview. Web: ExtremeArchitecture.ca
Kingston & Co. by TAS DesignBuild
Register now for a space that is just right in the Upper Beach neighbourhood. Web: KingstonAndCo.ca
The Harlowe by Lamb Development Corp.
Artistic lofts coming to Queen and Bathurst. One’s, two’s and three’s from $259,900. Register now. Web: TheHarlowe.com
Triumph at Valhalla by Edilcan
Register today for this “triumph” at Hwy. 427 and Bloor, priced from the low $200’s. Web: TriumphCondos.com
Dundas Square Gardens by Easton’s Group
Downtown Toronto condos coming soon. Register now to stay up to date. Web: DundaSquareGardens.ca
The Taylor by Streetcar
Totem Condominium by Worsley Urban Partners
Presentation centre and model suite now open! A perfect 100 on walkscore.com, stellar amenities, iconic architecture. Web: TotemCondos.com
The Nest by Rockport
Now open in Hillcrest Village, where luxury takes wing. Web: TheNestCondos.com
Harmony Village by City Core Developments
Now open at Sheppard and Warden. Live in perfect harmony with comfort, convenience and culture. Web: HarmonyVillage.ca
Trio at Atria by Tridel
Grand opening now on at the next great phase of Atria in North York Web: Tridel.com
Brownstones at Westown by Lindvest
Discover tremendous value at Weston Road and Sheppard Avenue West. The “Astoria” model suite is open for viewing. Web: Lindvest.com
Water Tower by Empire Communities
Now open, a new urban waterscape offering inspired condo living in the award-winning Eau Du Soleil community. Web: EmpireWaterTower.com
GTA Edition April 26 - May 10, 2014
Your complete source for condos, lofts and townhomes in Toronto
IN THIS SECTION Maps and listings for new condo communities in the 416 region Builder news and the latest in condos in the 416
unBEataBlE valuE in YorkvillE offErs thE lifE You’vE BEEn looking for what do you want to get out of city living? an ideal location. a beautiful way to offer hospitality to all your friends and family at once. hotel style without hotel prices. Purpose-designed places to stay well, stay fit, and stay energized without leaving the comfort of home. membership in a private club that will take your breath away. transit at the door and the whole city at the doorstep. shopping, dining, and cultural options that are simply dazzling, both in quality and in quantity.
THAT SOUNDS ABOUT RIGHT. You don’t have to give up a thing to live the way you really want to at chaz.Yorkville — and with brand new pricing starting in the $300s, just a 5% deposit required, and up to $20,000 cash back, now is the very best time to buy. developer 45 charles ltd. and Project manager Edenshaw homes are delivering on the promise of exceptional value, extraordinary design, and an enviable lifestyle even as you read this! construction is well underway, and chaz.Yorkville’s distinctive octagonal podium and limestone cladding on the rising tower are already showing signs of being the landmark building you’d expect in this aspirational neighbourhood. charles street is a little pocket of quiet green in the epicentre of toronto, at our most famous intersection, Yonge and Bloor. Every subway line is within a few minutes’ walk, with the downtown core, u of t, hospital row, the danforth, high Park, and uptown destinations just a quick ride away.
CHaZ ClUb
it’s in a neighbourhood like Yorkville that a life becomes a lifestyle, and there’s no better place to build that lifestyle than right here. You’ll feel the day’s tension slip away as soon you enter through one of two cecconi simone-appointed lobbies. sit with a book by the fireplace, entertain guests in the dining room, or challenge friends on the billiards table — every day will bring you a new appreciation for the place you call home. the second floor is bursting with amenities that promote your personal wellness, with a modern fitness centre, yoga/ Pilates studio and spinning space, his-and-hers steam rooms, relaxation room, and unique hydro-massage bed. the entertaining amenities here expand your square footage into the thousands, with gorgeous guest suites and three extraordinary media spaces: a hollywood-worthy movie theatre, a casual sports lounge, and the perfect place to engage the most nefarious of foes — the gamers’ arena. Enhancing your experience is state-of-the-art technology including 4k resolution and purpose-built gamers’ chairs with built-in audio and video in the arena. the chaz club will dazzle anyone with whom you choose to share it. cantilevered out over the city streets from the 36th and 37th floors, it offers stunning views, and a two-storey grand room with lounge and bar, as well as a five-star dining area with a demonstration kitchen and a breath-taking terrace so cleverly designed, it blurs the line between out and in.
SUITE
chaZ.YorkvillE offErs tEmPting incEntivEs for urBanitEs with grEat tastE
move at the speed of life, with the quickest internet speeds available thanks to rogers fibre optic wiring, and the Bazinga! community-building platform making it easy to keep track of everything from condo board minutes to window washing schedules, while facilitating neighbourly communication that can even help you find a walking buddy! this vibrant city lifestyle can be yours. new oorplans have just been released, with soaring 10-ft. ceilings and premium features adding to the already remarkable value chaz.Yorkville offers. don’t wait another day.
ask aBout amaZing oPPortunitiEs DINING ROOM
including 5% dEPosit, uP to $20,000 cashBack, and nEw Pricing from thE $300s whEn You comE BY thE salEs cEntrE at 101 YorkvillE avE., mondaY to thursdaY, noon to 6 P.m., fridaY 2 P.m. to 6 P.m., saturdaY and sundaY noon to 6 P.m. CALL 416-922-0045 OR VISIT CHAzYORkVILLE.COm.
NEW PRICING FROM THE $300’S ONly 5% DEPOSIT UP TO $20,000 CaSHbaCk NEW FlOORPlaN RElEaSE 10-FT CEIlINGS aND all THaT CHaZ.
*
Yorkville living at chaz.Yorkville sets the bar high! what do you want to get out of city living? an optimum location. a beautiful way to offer hospitality to all your friends and family at once. hotel style without hotel prices. Purposedesigned places to stay well, stay fit, and stay energized without leaving the comfort of home. membership in a private club that will take your breath away. a subway network and the whole city just minutes away. shopping, dining, and cultural options that are simply dazzling, both in quality and in quantity. the best of downtown is your own back yard.
Sales Centre
Dupont St.
Bloor St.
Church St.
Avenue Rd.
Yorkville Ave.
45 Charles St. E. Yonge St.
Bay St.
U of T
Isabella St.
Wellesley St.
VISIT THE SALES CENTRE TODAY! CHAzYORkVILLE.COm | 416.922.0045 salEs cEntrE locatEd at 101 YorkvillE avE. sitE locatEd at 45 charlEs st. East mon. – thurs. & sat. – sun.: 12Pm – 6Pm, fri.: 2Pm – 6Pm, statutorY holidaYs: oPEn ExclusivE BrokEr BakEr rEal EstatE inc. BrokErs ProtEctEd. *sPEak to a salEs rEPrEsEntativE for morE dEtails. PricEs and sPEcifications arE suBjEct to changE without noticE. illustrations arE artist concEPt. E&o.E.
in the news
Doors Open Toronto:
Explore the secrets and spirits of Toronto’s sites Doors Open Toronto, presented by Great Gulf, will return on the weekend of May 24 and 25, offering free, rare access to more than 155 architecturally, historically, culturally and socially significant buildings across Toronto. This year’s event will give residents and visitors an opportunity to explore Toronto’s sites through the theme “Secrets and Spirits… Exploring the Mysteries Behind the Door.” This year’s theme will highlight secret spaces, stories of spirit sightings and unexplained mysteries at more than 75 locations, including an underground bowling alley in a downtown church, a secret tomb in another church, haunted tunnels beneath a school, and bank vaults in a hotel. Other offerings in this year’s Doors Open Toronto will include the Doors Open Speakers Series on current topics in design and architecture, art exhibits, the addition of more than 40 new participants in the 2014 building line-up, and free architectural and “ghostly” walking tours.
Walking tours representative of this year’s secret and spirits theme will include:
» The Ghosts and Spirits of the Historic Distillery District » The Spirit of the Gibraltar Point Lighthouse at Toronto harbour, and » The Spirits of Exhibition Place, including paranormal hot spots. Full program details, including a complete list of this year’s buildings, tours and talks, will be available online at toronto.ca/doorsopen, on Facebook and on Twitter starting in late April. Since its inception in 2000, Doors Open Toronto has attracted more than two million visits to nearly 600 unique locations across the city. It is Canada’s largest Doors Open event and one of the three largest Doors Open events in the world. Doors Open Toronto is dedicated to built heritage, architecture and design. It is sponsored by Great Gulf and produced by the City of Toronto in partnership with the broader community. 089 new Condo Guide apr 26 - may 10, 2014
Winter 2014 edition free
home&condo tHe Guide to BuyinG and ManaGinG your first HoMe
Highrise or lowrise? Which option is best for you? your first MortGaGe
Demystifying this often intimiDating topic
THE GUIDE TO BUYING AND MANAGING YOUR FIRST HOME
spend vs. save tips to furnish every room in your first home
special edition
416.626.4889 090 NEW CONDO GUIDE APR 26 - MAY 10, 2014
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last chance to be a part of history
MOVE IN THIS YEAR! 2 YEARS FREE MAINTENANcE ONLY 5% DOwN! *
penthoUse suites sUites from froM the hiGh $700’s penthouse tower/coUrtyard suites sUites from froM the hiGh $300’s tower/courtyard visit the presentation centre: GristMill lane toronto 17 Gristmill OPEN tuESdAy - SuNdAy 12Pm-5Pm
Be first tohoUse tour a fully-furnished model suite and in the Gooderham open this satUrday sUnday building. 2-4pM
See the quality, feel the luxury, experience the finishes, admire the views. Be first to tour a fully-furnished model suite in the Gooderham building. call to book your appointment today. See the quality, feel the luxury, experience the finishes, admire the views.
ACtuAl GOOdERhAm VIEwS
liveatthEdistillery.COm 416.361.1322 Exclusive Broker: Insite Realty Corp., Brokerage *Buy with 5% down, plus 1% on occupancy. Prices and specifications are subject to change without notice. See Sales Rep for details.Illustration is artist concept. E. & O.E.
condo profile
GRAND OPENING OF THE LANES AT 101 ERSKINE GIVES YOU THE CONDO EXPERIENCE, ‘FROM THE GROUND UP’
Tridel and Beaux Properties present a limited collection of Garden Suites and Townhomes
y
onge and Eglinton has long been considered to estate insiders call a “ground-related experience.” be among Toronto’s best neighbourhoods. With “These buyers want a small garden, and the intimacy its tree-lined streets, bucolic parks and charming and energy a street-level home provides, all within the single-family houses, homebuyers have for Yonge and Eglinton neighbourhood,” says Jim Ritchie, decades targeted the surrounding residential streets – Tridel’s senior vice-president of sales and marketing, including Erskine Avenue – as the place to live. “but are still excited by the amenities and conveniences Recognizing that Yonge and Eglinton remains a of a condo lifestyle.” highly desirable residential neighbourhood, developers Understanding this segment of the market, Tridel like Tridel have recently introduced condominium and its partners at Beaux Properties were determined living to the area, creating some of the city’s most to deliver the condominium lifestyle – at ground level. successful new developments and iconic towers. The result is a limited collection of one- and And while buyers in condominium communities, two-storey Garden Suites and Townhomes, called like The Republic and 101 Erskine, realize that the The Lanes at 101 Erskine. This limited release of residential appeal of Yonge and Eglinton can be found architecturally sophisticated Garden Suites and beyond its single-family homes, some buyers attracted Townhome residences enjoy exclusive access from a to the neighbourhood are still looking for what real private landscaped lane way, private patios and a range
092 new Condo Guide apr 26 - may 10, 2014
of layouts, from approximately 1,205 to 2,354 sq. ft., starting from $695,000 and ranging to $1.95 million. “The Lanes will appeal to residents who long for the feel of a traditional family home, with the comforts and features of a condominium community,” says Ritchie. “Those living in a Garden Suite or Townhome will be able to enjoy the feeling of living at street level while enjoying the same amazing amenities available to the residents of 101 Erskine tower.” Both the Garden Suites and the Townhomes will feature elegant, open floor plans with floor-to-ceiling windows and extra-high ceilings. Exquisite designer kitchens feature European Liebherr and AEG energy-
efficient, premium appliances, granite or quartz countertops and backsplash, and stainless steel undermount sinks. The residences will also boast spa-inspired bathrooms with signature cabinetry, a choice of quartz or marble vanity countertop, and a choice of marble, granite or porcelain tiles. “Despite the amazing litany of fantastic indoor and outdoor amenities, we know that the biggest appeal for those living at 101 Erskine, is its Yonge and Eglinton location,” says Ritchie, pointing to the area’s abundance of restaurants and cafés, brand-name retailers and independent boutiques, grocery stores, movie theatres, and unmatched transit access. “Just steps from the existing Yonge subway line and the future Eglinton Crosstown LRT, getting anywhere in the GTA – and back home again – couldn’t be more convenient,” he adds. With an unsurpassed location, great design, unparalleled amenities and a chance to get into the condo lifestyle at the ground floor, The Lanes at 101 Erskine are continuing Yonge and Eglinton’s reputation as the place to live. For more information on The Lanes at 101 Erskine, please call 416.480.0700, visit tridel.com, or drop by the presentation centre located at 2611 Yonge St., open Monday to Thursday from 11 a.m. to 7 p.m.; Saturday, Sunday and holidays from noon to 6 p.m.; closed Friday. apr 26 - may 10, 2014 new Condo Guide 093
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Prices, sizes and specifications are subject to change without notice. Map not to scale. Illustrations are artist’s concept. E.&O.E.
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All prices & specifications are subject to change without notice. E.&O.E. All Illustrations are artist’s concept only. Brokers Protected – some conditions apply.
P R E S E N TAT I O N C E N T R E 3609 Lake Shore Blvd. W., Suite 104, Toronto, ON Monday to Thursday 12:00pm to 7:00pm Saturday, Sunday and Holidays 11:00am to 6:00pm
anch
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Thirty Fifth St.
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Brown’s Line
New Release of Designer Finished Suites Sumptuously upgraded units including over $38,000 in designer selected finishes.
ifth St.
Watermark is designed to be a hallmark building featuring timeless elements of traditional architecture combined with modern sensibilities of design and function. This exclusive community will be located just steps from Lake Ontario’s waterfront in the vibrant community of Long Branch. With easy access to public transit and several major highways, Watermark promises to be the perfect place to call home.
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in the news
Celsius Condominium has reached the top! With some of the coldest Celsius degrees on record,
the experienced construction team at Celsius Condominiums handled the extreme weather conditions admirably. The team has been working upwards since the crane was installed in August, 2012. Twenty months later on a perfectly sunny day, the development team behind Celsius Condominiums successfully topped-off the building at the 19th floor. Shiu Pong principals Henry and Daniel Hung were joined by Monarch Corp.’s president, David George, and senior vice-president (highrise), Emilio Tesolin, along with Scotiabank’s James Simandl, Kirkor Architects’ Simon Ko, International Home Marketing’s Elliott Taube, and P&B Marketing’s Simon Cane as the final bucket of concrete was poured. “Topping off” is a traditional builders’ rite ceremony that marks the point when the buildings final bucket of concrete has been poured. The ceremony marked the occasion and toasts the workers who have brought the building to that point. The views from the top are unobstructed and show how close all of the area amenities are to the building and future residents.
“ Topping off” is a traditional builders’ rite ceremony that marks the point when the buildings final bucket of concrete has been poured As the spring season arrives, the work moves indoors, personalizing each suite and finishing the two-storey grand lobby, designer lounge/party room and multipurpose rooms. First occupants are expected to arrive by November of this year. From Left to Right Simon Cane, account director, P&B Marketing; James Simandl, director
and group lead, GTA Real Estate Lending, Scotiabank; Emilio Tesolin, senior vice-president, highrise, Monarch Corp.; David George, president, Monarch Corp.; Henry Hung, principal, Shiu Pong Group; Daniel Hung, principal, Shiu Pong Group; Simon Ko, architect/partner, Kirkor Architects & Planners; Elliott Taube, president, International Home Marketing Group
100 new Condo Guide apr 26 - may 10, 2014
For more information and to register, visit celsiuscondo.com or call 416.218.8877.
Boutique Boutique condo condo
Party lounge
make your move
5 tips for a
// by Chuck Resnick
cleaner, Greener move Both sources can be extremely taxing on the environment if not properly managed. So, here are some suggestions on how to make your move a cleaner, Greener process. 1 | Plan ahead: Waiting until the last minute to prepare for a move often
Chuck Resnick is vice-president of marketing and operations, Two Men and a Truck Canada. twomenandatruck.ca
makes environmental concerns an afterthought. Start early so you have the extra time to sort through recyclable items for delivery to recycling depots prior to moving day. Consider holding a garage sale or donating gently used tools or small appliances to a charity rather than having them end up in a land fill site.
2 | Research: Survey local recycling options to find the most convenient solution for recyclables. Many cities offer curb-side pick-up or “sort and drop” depots. Visit earth911.com for a list of local organizations that can dispose of all types of recyclable materials.
P
rotecting the environment is an important concern for consumers and businesses alike, but many don’t realize that moving can have a positive impact on the environment. Waste caused by the moving process not only stems from packing supplies, but also from the waste accumulated over many years within a home or office.
3 | Organize: Prepare recyclables by organizing them into categories: plastic, glass, aluminum, paper, cardboard, etc. Look up the requirements of the local recycler to see if there are any additional steps needed to prepare recyclables beforehand. 4 | Care for hazardous material: As you clean out your home in preparation to move, be conscious about the kinds of materials being packed to move with you and which items are to be disposed of. Toxic items, such as paint, batteries, house cleaning products, automobile oils, pesticides and fertilizers are dangerous and cannot be transported in the back of a commercial moving truck. Also, consider that these items cannot be thrown-out with your regular garbage. Look up the specialized recycling depots for toxic products in your city. 5 | Reuse: Do not throw away used boxes when the move is complete. A
well-made corrugated box is great for storage or may be reused for a future move. Contact local schools or charity organizations, such as women’s shelters, scout troops, and food banks to ask if they need boxes to redistribute donated items. Donating gently used boxes not only reduces waste, but can be a big help in support of a good cause.
102 new Condo Guide apr 26 - may 10, 2014
Be A Neighbour. Not A Number. Live in one of the city’s best neighbourhoods at 383 Sorauren. It’s an address that says you value the neighbourhood you live in and the place you call home. It’s the mid-rise with high style that was recently named one of the top 10 new condo developments of 20131. A fresh approach to warehouse-style living that is modern, yet complementary to the history of Roncesvalles. Contemporary interior loft spaces designed by Johnson Chou Inc. feature industrial heritage-inspired textures and materials, and 9’ exposed concrete ceilings. For character no condo can match, in a neighbourhood like no other.
Starting from $264,990 Visit our Sales Centre today Call (416) 599-0383 or register at 383sorauren.com
1
blogTO, December 19, 2013. Exclusive Listing Agent: MarketVision. Prices, sizes, and specifications subject to change without notice. E. &. O.E. Illustration is artist’s impression.
quick tips
Disciplined delegator
// by hellen buttigieg
or drill sergeant? We’ve all heard that opposites attract, but if your partner’s organizing style is drastically different from yours, it can be frustrating for both of you. Before you are tempted to try and change your behaviour (or his/her behaviour), keep in mind that the change will be short-lived if you are getting organized for someone else’s approval, but will last if you do it because you value the relationship. Someone else’s clutter got you down?
Hellen Buttigieg is a certified professional organizer, life coach, TV host and owner of We Organize U. Visit her website, WeOrganizeU.com, for a free e-book on how to find more time, energy and inner peace. Contact Hellen at 905.829.2219 or info@WeOrganizeU.com
W
hether you live alone or have a full house, there’s no reason you can’t have organization. The difference is, when it’s just you on your own, it takes discipline, while when living with others everyone has to do their part. You should be able to teach organizational systems and delegate responsibilities so that everyone in the family has a part in keeping the house in order, whether it’s your spouse putting the mail and paid bills in the right folders or the kids putting their toys back in the right place. You shouldn’t have to be the drill sergeant – repeating the same requests week in and week out. Everyone needs to learn to do their part and work together to keep the place in top shape.
104 new Condo Guide apr 26 - may 10, 2014
Has your dining room table become a dumping ground? In many homes, seldom-used flat surfaces often become drop zones for mail, books and any other items that don’t have a home. To save your table from becoming a breeding ground for clutter, bring out the china and silverware and set it for a formal dinner. It will be nicer to look at than a mountain of clutter and will actually prevent people from piling their possessions on it. Leave the house with everything you need. Clear an area near the entrance and designate it as a spot to corral items each family member must have to leave the house. For kids, it will serve as home for permission slips, lunch boxes, homework, library books and projects. For adults, it will hold handbags, briefcases, car keys and dry cleaning. His and her filing systems minimize conflict. If you share a filing system with your spouse, how’s that working for you? Often, couples have different organizing styles. To keep the peace, consider having separate filing systems. If you pay the household bills, keep those documents in your filing system and if your partner takes care of household repairs and receipts, they can keep track of that in their own filing system. Another option is to acknowledge your differences and assign the task of filing and retrieving documents solely to the person who is most comfortable with it.
Keep a family calendar to keep track of everyone’s activities. Designate a central location where everyone can see it. Let each family member choose a colour and have each person enter their activities (if they are old enough) on the schedule using their colour. On schedule
Preparation Reduce stress and frustration in the mornings by preparing the night before, when you’re not feeling as rushed. Decide what you are going to wear, make sure it’s clean and pressed, and lay it out with any accessories you plan to wear with it. It only takes a few minutes but will save you so much time and aggravation in the morning. Encourage your spouse and children to start this habit too, and enjoy peaceful mornings.
4 ST 01 R LI 2 E A s LD ! N ' I R FI ILD BU EA Y r B EN e fo RE f th G o
THE STANTON
TRUE
5 % DOWN PROGRAM * For a limited time only, buy an On The Go Mimico condo with just 5% down and NOT ANOTHER PENNY until occupancy! Limited number of select suites available to qualified purchasers only. 5% Program is a * limited time offer subject to change without notice. See Sales Representative for details.
t. on S Juds
Ra il Li ne
Rd.
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Presentation Centre
Visit the Presentation Centre Today! G O
l York Roya
wy. Exp iner Gard Ave. s n a Ev
Mimico GO Station
Judson Street at Royal York Road, across from the Mimico GO Station.
onthegomimico.com/fivedown-n • 647.692.8417 Broker Protected. Illustration is artist concept. Prices, sizes and specifications are subject to change without notice. E. & O.E.
Mike Holmes & Stanton Renaissance Team Up To Make It Right® Mike Holmes and Stanton Renaissance have forged a unique partnership based on their shared vision of an environmentally sustainable future. Together, they plan to develop sustainable building initiatives, including On The Go Mimico—an exciting first within the luxury condominium market! To learn more, visit stantonrenaissance.com.
APR 26 - MAY 10, 2014 NEW CONDO GUIDE 105
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* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
# Builder 2 Great Gulf Homes 4 Gairloch Investments 4 Centrestone Urban Developments Inc. 6 Cresford Development Corp. 7 The Daniels Corporation 8 Cresford Development Corp. 10 Empire Communities 15 Tridel Corporation 18 Monarch Corporation 18 Urban Capital 20 Tower Hill Development Corporation 23 Tribute Communities 25 Tridel Corporation 26 Bazis Inc. 27 The Daniels Corporation 28 Empire Communities 31 Worsley Urban Partners 35 Menkes Developments Inc. 37 Cresford Development Corp. 38 Easton’s Group 39 Lifetime Developments 40 Fernbrook Homes/Cityzen Dev. 42 Triumph Developments 43 K-CAP Laird Inc. 52 Cresford Development Corp. 52 Cresford Development Corp. 53 Lanterra Developments 58 Great Gulf Homes 94 DHD Developments 99 Great Gulf Homes 110 Great Gulf Homes 124 Pinnacle International 126 Great Gulf Homes 131 Lanterra Developments 140 Eden Shaw 140 45 Charles Ltd. 149 Camrost - Felcorp 150 Aspen Ridge Homes 155 Lifetime Developments 189 The Daniels Corporation 190 Cresford Development Corp. 192 MintoUrban Communities Inc. 199 Fieldgate Homes 202 Bazis Inc. 202 Rio Can 202 Metropia 215 Dundee Kilmer Developments 217 Pemberton Group 217 Baywood Homes 218 Malibu Investments Inc. 218 Urban Capital 1 Goldman Group & Lash Dev. Corp. 1 Goldman Group & Lash Dev. Corp. 3 Concord Adex 3 Concord Adex 3 Concord Adex 3 Concord Adex 3 Concord Adex 5 Onni Group of Companies 5 Onni Group of Companies 7 The Daniels Corporation 8 Cresford Development Corp. 8 Cresford Development Corp. 9 Aspen Ridge Homes 11 Menkes Developments Inc. 11 Menkes Developments Inc. 12 North Drive Investment *TH: Townhomes, C: Condo
Site Telephone TH* C* Price Range Page Finder Yonge+Richmond 416-499-8883 • from $284,000 23 16K 383 Sorauren 383sorauren.com from $265,000 103 9L 383 Sorauren 416-588-0383 from $265,000 103 9L Merton Yonge Condominiums 416-484-1900 • from $350,000 136 & Insert 14e High Park Condominiums 416-351-1844 • from $300,000 Insert & 49 8L NXT at Windermere By the Lake 416-977-5300 • • from $350,000 IBC 8N The HUB 416-784-3482 • from $250,000 6 9F 101 Erskine 416-480-0700 • from $286,000 IFC 14D Riva del Lago 416-495-3544 • from $300,000 Insert 24c RC3 416-862-0505 • • from $250,000 53 18L 2221 Yonge 647-350-2221 • from $320,000 67 14E The College 416-363-4800 • from $300,000 47 M14 Spadina Queen 416-661-1949 • from $350,000 IFC 15D No1 Yorkville 416-519-2911 • from $388,000 5 15I One Park Place South Tower 416-955-0559 • from $200,000 15 18k Water Tower at Eau Du Soleil 416-503-3328 • from $320,000 6 25B Totem Condominium 416-792-1877 • from $250,000 57 15H 87 Peter menkes.com • Insert 15M Lofts 399 416-867-3999 • from $590,000 IBC 14L Dundas Square Gardens 416-645-8575 • from $200,000 71 17k The Code thecodecondos.com • from $250,000 25 13H Garrison Point garrisonpoint.ca • from $250,000 65 13N Howard Park 2 416-873-0989 • 75 9L The Upper House Condos in Leaside 416-425-1800 from $350,000 28 18D CASA 2 416-977-1100 • from $290,000 IBC 15L CASA III 416-486-2272 • from $250,000 IBC 15L 11 Wellesley 416-861-1111 • from $200,000 11 15J Monde 416-466-8885 • from $342,000 22 17M Gooderham Condos at The Distillery 416-361-1322 • from $390,000 91 18L One Bloor Residences 416-922-0081 • from $550,000 22 15I Charlie 416-927-9772 • from $947,000 23 14M The Pinnacle on Adelaide 416-596-1600 • from $350,000 63 15M X2 416-927-0080 • from $480,000 23 16J Riverhouse at the Old Mill 416-766-7343 • from $520,000 24 5L Chaz Yorkville Condos 416-922-0045 • from $300,000 31 & Insert 16J Chaz Yorkville Condos 416-922-0045 • from $200,000 31 & Insert 16J Imperial Plaza 416-925-2501 • from $385,000 3 15I Studio on Richmond 647-352-7736 • from $300,000 51 15M The Bond Condominiums 416-546-7525 • • 27 15G Cinema Tower Condominiums 416-203-2020 • from $450,000 29 14M 1000 Bay 416-485-3000 • from $390,000 IBC 15J 30 Roe 416-915-3812 • from $350,000 85 14D 90 Niagara 416-981-0036 from $363,000 59 14O E Condos 416-243-8688 • from $300,000 19 14E E Condos 416-243-8688 • from $300,000 19 14E E Condos 416-243-8688 • from $300,000 19 14E Canary Park Condominiums 416-603-7576 • from $250,000 45 18L TEN93 Queen West 905-326-4100 • from $280,000 8 12F TEN93 Queen West 905-326-4100 • from $280,000 8 12F Smart House 416-292-0219 • from $230,000 55 15L Smart House 416-292-0219 • from $230,000 55 15L 530 St. Clair Ave. West 416-868-0500 • from $344,000 12H the rushton rushtonliving.com • from $344,000 12H Grand Parade 2 at Concord CityPlace 416-813-2999 • 15M ParadeTWO Park Collection at Concord CityPlace 416-813-2999 • from $308,000 15M Quartz 416-813-2999 • • 15M Spectra 2 416-813-2999 • • 15N Grand Parade 2 at Concord CityPlace 416-813-2999 • 15M Garrison at the Yards 416-260-2600 • from $190,000 14n West Lake 416-260-2600 • from $240,000 14N The Parkside Collection 416-351-1844 • from $700,000 8L NXT 2 416-977-5300 • • from $300,000 8N NXT2/Phase Two 416-977-5300 • • from $210,000 8N VU 416-970-9500 • • from $370,000 16L Pears on the Avenue 416-323-0100 • from $382,000 14I 365 Church 416-591-7700 • from $250,000 14I The High Park 416-670-3699 • from $300,000 8L
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554
Builder
Site
Streetcar Development Canalfa Group Freed Rockport Group Urban Capital Urban Capital KIngstone Road Development Menkes Developments Inc. Easton’s Group Remington Group Easton’s Group Remington Group Monarch Corporation Tridel Corporation Greenpark Homes Bazis Inc. Pinnacle International Pinnacle International Tower Hill Development Corporation Madison Homes Lamb Development Corp. Centre Court Development Neudorfer Corporation Concord Adex Conservatory Group Tridel Corporation Times Developments Inc. MintoUrban Communities Inc. MintoUrban Communities Inc. Lanterra Developments Lindvest Canalfa Group Pemberton Group Lamb Development Corp. E-Park Development Emsatec Canada Inc Neudorfer Corporation Madison Homes State Building Group Empire Communities Lamb Development Corp. Tridel Corporation Harhay Developments Carttera Fernbrook Homes/Cityzen Dev. Lamb Development Corp. Harhay Developments Plaza Menkes Developments Inc. Lifetime Developments Aspen Ridge Homes Context Development Inc. Context Development Inc. The Brownstone Group of Companies The Brownstone Group of Companies Plaza Bazis Inc. Metropia Plaza Pemberton Group The Daniels Corporation The Daniels Corporation The Daniels Corporation Lifetime Developments Lifetime Developments Concert Properties Triangle West Development Tridel Corporation Tridel Corporation Tribute Communities Tribute Communities Graywood Developments Mod Developments Inc. Canderel/Stoneridge Alterra Homes/Finer Space BSaR Ltd Andrin Homes Graywood/Beaverhall Development Cityzen Fernbrook Homes Fernbrook Homes Urban Capital Malibu Investments Inc. Alit Developments Tre Memovia Developments Lifetime Developments Castlepoint/Cityzen/Fernbrook Pianosi Developments Sorbara Group Streetcar Development Camrost - Felcorp Camrost - Felcorp Mizrahi | Khalili Developments Sorbara Group Graywood Developments Mod Developments Inc. Reserve Properties Reserve Properties Pemberton Group Streetcar Development Greenpark Homes Tri-Win Developments Inc Burnac Corporation Lifetime Developments Centre Court Development Streetcar Development Menkes Developments Inc. Freed Carttera Solotex Mod Developments Inc. Reserve Properties Castlepoint/Numa Dundee Kilmer Developments Torbel Group TAS DesignBuild Lamb Development Corp. Lamb Development Corp. Lamb Development Corp. Freed Mansouri Living Menkes Developments Inc.
*TH: Townhomes, C: Condo
Telephone
TH* C*
Price Range
Page
Trinity Lofts 416-690-2988 • from $330,000 Liberty Place 416-537-0047 • • from $170,000 155 REDPATH 416-996-5428 • from $210,000 The Nest 416-223-0003 • from $250,000 River City 416-862-0505 • • from $250,000 River City 2 416-862-0505 • • from $250,000 The Glen 416-694-3333 • from $255,000 Fabrik 416-591-7700 • from $250,000 King Blue Condominiums 416-599-1355 • from $200,000 King Blue Condominiums 416-599-1355 • from $200,000 Westinghouse Lofts 416-599-1355 • from $200,000 Westinghouse Lofts 416-599-1355 • from $200,000 Picasso on Richmond 416-495-3549 • Ten York 416-596-9888 • from $1020,000 Axiom Condominiums 647-352-4077 • from $225,000 One Yorkville 416-519-2911 • from $300,000 Success Tower at Pinnacle Centre 416-360-0673 • from $750,000 33 Bay Residences at Pinnacle Centre 416-925-3325 • from $375,000 Churchill Park Condominiums 416-966-9080 • from $900,000 The Madison 416-482-8090 • from $420,000 Riverside Towns 416-368-5262 • from $460,000 Core Condos 416-598-2673 • from $220,000 Fuse Condos 416-534-4444 from $220,000 Infinity The Final Phase 416-214-1988 • from $300,000 Milan 416-928-7409 • from $520,000 Aqualina at Bayside 416-514-2710 • from $350,000 The 500 Condos + Lofts 416-960-0606 • from $400,000 King West 416-367-5464 • from $210,000 775 King West 416-367-5464 • from $330,000 3018 Yonge In Lawrence Park 416-787-8882 • from $390,000 B Streets 416-532-6636 from $369,000 Liberty Central by the Lake 416-537-0047 • • The Uptown Residences 416-987-3500 • from $950,000 The Brant Park 416-368-5262 • from $262,000 Foundry Lofts 416-531-7760 from $399,000 The Brownstones 5 416-531-7760 • from $350,000 Brownstones 416-531-7760 • from $305,000 The Upper Canada Condominium 416-489-5194 • from $1800,000 The Upper Canada Condominiums 416-489-5194 • from $1.8,000 Schoolhouse 416-979-1333 • from $595,000 Flatiron Lofts 416-368-5262 from $243,000 300 Front Street West 416-217-0300 • from $324,000 One Eleven Condominiums & Lofts 647-347-4111 • from $250,000 One Eleven Condominiums & Lofts 647-347-4111 • from $250,000 Pier 27 Waterlink 416-367-3456 • from $800,000 The King East 416-368-5262 • from $435,000 East Condos & Lofts 416-368-5262 • from $310,000 King West 647-341-1731 • from $346,000 Four Seasons Private Residences Toronto 416-775-7500 • from $1900,000 Four Seasons Private Residences Toronto 416-775-7500 • from $1900,000 Seventy Seven Charles Yorkville 416-203-7034 • from $2100,000 Market Wharf 416-861-8181 • from $260,000 Library District Condominiums 416-861-8181 • from $222,000 Brownstones in Davenport Village 416-531-7760 from $245,000 Brownstones on the Park 416-531-7760 • from $260,000 Ivory On Adelaide 647-341-1731 • from $279,000 Exhibit 416-967-7778 • Exhibit 416-967-7778 • Exhibit 416-967-7778 • U Condominiums 416-546-6605 • from $2500,000 One Park West 416-955-0559 • from $406,000 One Park Place Condominiums 416-955-0559 • from $200,000 Festival Tower 416-203-2020 • from $350,000 X2 416-927-0080 • from $303,000 Bisha Hotel & Residences 416-637-2211 • from $274,000 88 Scott 416-216-8588 • Art Condos 416-535-7775 • from $530,000 Two Old Mill 416-645-7022 • from $356,000 Old Mill 416-645-7022 • from $450,000 RCM I on University 647-351-9247 • from $393,000 Queen & Portland 416-363-4800 • from $315,000 5 St. Joseph 416-928-0555 • • from $250,000 5 St. Joseph 416-928-0555 • • from $250,000 DNA 3 416-929-1030 • from $220,000 Post House Condominium 416-964-2777 • from $350,000 12 Degrees 416-408-1200 • from $350,000 The Berwick 416-922-9425 from $280,000 The Mercer 416-597-6940 • from $350,000 Backstage on the Esplanade 416-777-2533 Backstage on the Esplanade 416-777-2533 Vero 416-798-7070 from $250,000 Tableau Condominiums 416-591-8887 • • from $450,000 Tableau Condominiums 416-591-8887 • • from $350,000 Tableau Condominiums 416-591-8887 • • from $350,000 Carmelina 416-423-8500 • from $325,000 The Yorkville Condominiums 416-987-3344 • • from $550,000 L Tower 416-777-2533 • from $410,000 Perspective Condos 416-242-3500 from $280,000 thirtytwo Camden 416-860-0060 • from $240,000 8 Gladstone 416-690-9009 • from $335,000 Yorkville Plaza 416-966-3003 • • from $350,000 Yorkville Plaza II 416-966-3003 • • from $350,000 133 Hazelton Residence 416-926-9900 • 210 Simcoe 416-217-0210 • from $200,000 Five Condos 416-928-0555 • • from $375,000 Five Condos 416-928-0555 • • from $375,000 Rise 416-546-7399 • • from $290,000 Model Suite of the Month • Neon 416-987-7878 • from $470,000 The Carlaw 416-690-8588 • from $200,000 Allure Condominiums 416-487-7600 • from $350,000 FAD Condos 416-815-1818 • from $250,000 South Hill on Madison southhillonmadison.com • from $200,000 INDX 416-987-4639 • INDX 416-987-4639 • The Carnaby 416-690-9009 • from $250,000 Noir 416-977-8780 • from $250,000 SIXTY Colborne 416-601-0060 • from $300,000 SIXTY Colborne 416-598-7775 • from $300,000 Upper Beach Townes • The Massey Tower 416-966-0197 • • from $320,000 109OZ 416-531-4844 • from $300,000 The Sterling 416-777-2533 • • from $230,000 Canary District Condominiums 416-603-7576 • from $250,000 Wallace Walk 416-531-1818 • from $210,000 Duke Condos junctionlife.ca King Charlotte 416-368-5262 • from $416,000 Theatre Park 416-368-5262 • from $537,000 The Harlowe 416-363-1771 • from $260,000 Thompson Residences 416-360-0600 • from $280,000 The Perry 416-926-7555 • from $390,000 Harbour Plaza menkes.com •
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
Finder 19l 12N 14D 11H 18L 18L 23H 14M 12N 12N 12N 12N 14M 12F 17L 15I 17m 17m 13H 14E 19L 16L 9k 16m 15I 18N 17I 14M 14M 14B 13J 12N 16J 14M 9I 9I 9I 14G 14G 13i 20J 15M 13M 13M 17N 18L 18L 13N 15I 15I 14J 17M 17M 9j 9J 17L 14i 14i 14i 15K 18J 18J M14 16J 16m 17M 12N 5L 5L 14M 15I 16J 16J 12N 16L 15L 14D 15M 17M 17M 17M 15L 15L 15L 23J 15G 17L 4H 14L M12 14H 14H 14I 15M 15J 15J 12H 12H 14D 19K 14F 14M 13I 16M 16M 12M 15M 16L 16L 24G 16L 12M 9L 18L 9L 8K 15M 16M 15M
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554
torontoregionalmaps: Toronto, East York, York
# 13 14 16 17 18 18 19 20 21 21 21 21 22 22 24 26 29 29 30 32 33 34 36 41 46 51 54 55 55 57 59 60 62 64 66 66 66 70 70 78 81 83 85 85 88 101 101 102 103 103 104 106 106 109 109 114 117 117 117 118 120 120 122 126 128 129 130 131 131 133 134 135 135 136 137 141 142 148 151 151 151 153 153 153 154 155 157 162 165 170 171 171 173 175 179 179 184 184 185 186 188 191 193 195 195 197 198 200 200 201 206 207 210 215 217 219 220 221 222
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* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
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Fram Building Group Sorbara Group Torbel Group ELAD Canada Liberty Development Corp. Brandy Lane Homes Tridel Corporation The Daniels Corporation Concord Adex Torbel Group YYZed Project management Tiffany Park Homes Tridel Corporation Tridel Corporation Lindvest Lindvest Concord Adex Concord Adex Concord Adex Concord Adex Conservatory Group Emery Condominiums Tridel Corporation Tridel Corporation Castle Royale Development Norstar Group of Companies Menkes Developments Inc. MintoUrban Communities Inc. Devron Developments Canderel/Stoneridge DHD Developments Aspen Ridge Homes ELAD Canada ELAD Canada The Brown Group of Companies Kantium Development Lanterra Developments Lanterra Developments Lanterra Developments Fram Building Group The Daniels Corporation Tribute Communities Fram Building Group/Cadillac Fairview
*TH: Townhomes, C: Condo
Site
Telephone
TH* C*
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Page
SOUL mysoulcondos.ca from $200,000 94 Beacon beaconcondos.ca • 83 Diva Condo DivaCondo.com from $225,000 95 Emerald City Condominiums 416-492-0001 • from $256,000 79 World on Yonge 905-771-7010 • from $284,000 35 The Station 416-398-9777 • from $420,000 56 Trio at Atria 416-645-8866 from $255,000 IFC NY2 416-221-3939 from $250,000 39 Opus 416-813-2999 • • The Avanti Condominiums 416-636-0400 from $390,000 VISTO vistocondos.ca from $220,000 Westhaven 416-792-6655 • from $633,000 Hullmark Centre 416-733-2883 • from $524,000 Aristo at Avonshire 416-730-0300 • from $383,000 The Brownstones at Westown lindvest.com from $330,000 Grand Cornell Brownstones in Markham 905-294-6161 from $340,000 Tango at Concord Park Place 416-813-2999 • • from $236,000 Discovery at Concord Park Place 416-813-2999 • Discovery II at Concord Park Place 416-813-2999 • • from $210,000 Tango2 at Concord Park Place 416-813-2999 • from $265,000 Pearl 2 Condominiums 416-512-1818 • The Essential 905-887-4888 • from $250,000 Argento 416-663-1818 • from $562,000 Alto at Atria 416-645-8866 • from $288,000 The Palm Condominium Residences 416-306-1000 • from $400,000 Portrait Condominiums 416-282-9600 • from $300,000 Gibson Square 416-730-9722 • from $385,000 88 416-915-3805 • from $325,000 Flo Condominiums 647-799-0356 • from $250,000 Aura At College Park 416-962-8688 • from $995,000 Gooderham 416-361-1322 • from $410,000 Scenic on Eglinton 416-805-1781 • Dreamtower At Emerald City 416-492-0001 • from $248,000 Biyu Emerald City biyucondos.com • from $250,000 Willow Park at Bayview 416-221-6767 • from $400,000 Posh Condominiums 905-771-0134 • from $544,000 Treviso Condominiums 416-787-8882 • from $250,000 Treviso II 416-787-8882 • from $250,000 Treviso III 416-787-8882 • from $250,000 LIV Lofts 416-445-5638 • from $250,000 NY Place 416-221-3939 • from $250,000 Canterbury 647-352-2130 • • from $700,000 Flaire Condos 416-445-8868 • from $320,000
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
Finder 25C 17C 11C 24C A18 12D 24C 19C 22C 17C 8E 23G 18D 18D 4C 4C 22C 22C 22C 22C 17C 20E 22e 25D 17B 13C 17C 18c 18c 16K 18l 23G 24C 24C 21 16A 12F 12F 12F 22F 19C 19F 22F
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554
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Horner Ave
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
5 Park Lawn
QEW
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*TH: Townhomes, C: Condo
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Builder insoho Stanton Renaissance Devron Developments Lemine Investment Group Great Gulf Homes Queenscorp Residences Liberty Development Corp. City Core Tridel Corporation Edilcan Development Corp. VHL Developments Ltd. Esquire Homes Windcatcher Development Corporation Henderson Development Limited Stanton Renaissance Monarch Corporation Monarch Corporation Conservatory Group Menkes Developments Inc. Pemberton Group Wilkinson Developments Lash Group of Companies Carttera Camrost - Felcorp Camrost - Felcorp Graywood/Beaverhall Development Monarch Corporation Davies Smith Monarch Corporation Empire Communities Averton Homes Tridel Corporation Amexon Development Corporation Monarch Corporation Tridel Corporation Edilcan Development Corp. Remington Group Pemberton Group Alterra Homes/Finer Space Tridel Corporation Phantom Developments Your Home Developments VHL Developments Ltd. Royale Grand Woodbine Developments MintoUrban Communities Inc. First Avenue Properties Lash Group of Companies
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Site Telephone TH* C* Price Range Page Finder Imagine Condos 416-367-7303 • from $188,000 101 4F On The Go Mimico 647-692-8417 • from $250,000 105 23C The Academy academycondos.com • from $189,000 97 10D The Academy academycondos.com • from $189,000 97 10D One Sherway Condominiums 416-695-3535 • from $226,000 22 16G Watermark 416-354-2221 • from $307,000 99 19D Terrace on Danforth 416-987-7575 • from $234,000 35 2F Harmony Village Sheppard 416-493-0123 from $176,000 87 2C West Village 416-620-1887 • from $290,000 IFC 21F Triumph at Valhalla triumphcondos.com • from $220,000 69 21F 2150 Condos 416-750-2150 • 96 3E Three Seven Condos & Lofts esquirehomes.ca • from $210,000 11D Atwater Condos 905-271-5038 • from $280,000 12B Centro 416-296-1898 • from $185,000 6D On The Go 647-692-8417 • from $250,000 23C Nautilus at Waterview 416-203-6636 • from $400,000 25H The Epicurean 416-495-3530 • from $250,000 23F Altitude 416-321-1659 • from $230,000 25H One Sherway Condominiums 416-695-3535 • 16G Palais at Port Royal Place 416-239-8200 • from $260,000 23F Hunt Club Terrace 416-698-3020 • 2H Cloud 9 Condominiums 416-747-0199 • from $220,000 22B Cloud 9 Condominiums 416-800-0812 • from $240,000 22B ilofts at Mystic Pointe 416-251-8888 • from $310,000 25G California Condos 416-251-8888 • from $242,000 25g Ocean Club 416-255-4663 • from $250,000 24C Lago 416-495-3544 • from $200,000 24c Eleven Superior 416-259-8882 • from $220,000 23C Encore 416-495-3544 • 5D Beyond The Sea Star Tower Condominiums 416-979-1333 • • from $400,000 24H Evolution 416-747-9691 • from $250,000 22G Parc Nuvo at Essex 416-231-0999 • from $456,000 22g South Beach 416-252-3000 from $209,000 25H Waterscapes 416-495-3544 • 26H Ventus at Metro Gate 416-293-5535 • from $314,000 4c One Valhalla 416-233-5554 • from $239,000 21F Park Towers at IQ 416-253-5838 • from $170,000 22G Vivid Condos 416-239-8200 • from $250,000 23F Westwood Condominiums 416-239-9888 • from $250,000 23F Avani At Metrogate 416-293-5535 • from $240,000 4C Jade Condominiums 416-762-8818 • from $293,000 24G Nature’s Path 416-745-6686 • • from $270,000 11E Haven On The Bluffs 416-2611-9555 • from $160,000 3E Lexington 416-638-8444 • from $240,000 21C South Shore 416-913-2136 • from $350,000 22H Qube Condos 647-351-7823 • from $200,000 24G Me Condos 416-430-0003 • from $150,000 8D
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554
torontoregionalmaps: Scarborough, Etobicoke
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waterfrontmaps: Toronto
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
110
#
Builder
8
Cresford Development Corp.
Site
Telephone
TH* C*
Price Range
Page
Finder
NXT at Windermere By The Lake
416-977-5300
• • from $300,000
IBC
11f
58 GREAT GULF
Monde
416-466-8885
• • from $304,000
22
17M
1
Park Lake Residences
416-769-4343
• • from $250,000
3F
3 Concord Adex
Grand Parade 2 at Concord CityPlace
416-813-0999
•
15M
3
Concord Adex
Quartz
416-813-0999
• •
15M
3
Concord adex
ParadeTWO Park Collection at Concord CityPlace
416-813-0999
• from $308,000
15M
4
Monarch Corporation
Nautilus at Waterview -
416-203-6636
• from $400,000
25H
4
tridel corporation
Aqualina at Bayside Toronto
6
Plazacorp/Berkley Community
West Harbour City
7
Lifetime Homes
8
Concord Adex
8
Concord Adex Grand Parade at Concord CityPlace
416-813-0999
8
Concord Adex
Panorama at Concord CityPlace
416-813-0999
• from $389,000
14F
8
Concord Adex
Panorama Elite Suites at Concord CityPlace
416-813-0999
• from $1,135,000
14F
8
Concord Adex
Luna Vista at Concord CityPlace
416-813-0999
• from $2,213,000
14F
8
CONCORD ADEX
Spectra
416-813-0999
• •
14F
8
Cresford Development Corp.
NXT2/Phase Two
416-977-5300
• • from $210,000
4E
9
Conservatory Group
Infinity Condominiums
Pemberton Group
416-514-2710
•
16E
westharbourcity.com
• from $327,000
13E
Waterparkcity – Neptune
416-203-3700
•
13f
ParadeTWO Tower Residences
416-813-0999
• from $287,000
14f
• from 293,000
14F
416-214-1988
• from $250,000
14f
11 CAMROST FELDCORP California Condominiums
sunsetcondos.ca
• from $242,000
25G
14 Canalfa Group
Liberty on the Park Condominiums
416-537-0047
• from $363,000
10F
15 Malibu investments inc.
LTD
416-601-2223
• from $200,000
12F
18 Fernbrook Homes/Cityzen Dev.
Pier 27 Residences On The Lake
416-367-3456
• from $300,000
11F
18 URBAN CPITAL
River City 2
416-862-0505
• from $250,000
18L
29 PINNACLE INTERNATIONAL
33 Bay Residence at Pinnacle Centre
416-925-3325
• • from $375,000
17M
60 CANALFA GROUP
Liberty Central by the Lake
416-537-0047
12N
*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
King St W Bond St W Park Rd S Park Rd S
Phillip Mur
TH* C*
Price Range
Lake
og
Scug
Manvers
Page
Finder
Scugog
Dr
Ce rem on ial
Qu ee nS tE
St W
Ra th bu rn Rd W
or Qu Dr ee n
Ro ya lW ind s
Th eC oll eg ew ay
Sh Sp erid ea an km P an ark Tr Dr Dr us co tt Dr
La ke sh or eR dW
Insert
416-354-2221
• from $307,000
99
Water Tower at Eau Du Soleil
416-503-3328
• from $320,000
Schomberg Whitby
Oshawa
24c 19D
Newcastle
6
25B
windcatcher development corp.
Atwater Condos
905-271-5038
401 • from $280,000
12B
2
Stanton Renaissance
On The Go
647-692-8417
• from $250,000
23C
5
United lands
Stonebrook Condominiums
905-822-8858
• from $270,000
9E
8
chestnut hill development
San Francisco By The Bay
905-831-3631
• • from $180,000
23J
10 Pemberton Group
Bluwater Condominiums
416-987-8800
• from $350,000
5J
11 Monarch Corp.
Waterscapes
416-495-3544
• from $390,000
25C
13 GREEN HILL HOMES
Princeton Manor
905-849-1818
• from $210,000
6G
14 Phantom Developments
Jade Waterfront Condos
416-251-0707
• from $250,000
24G
15 GRAYWOOD DEVELOPMENTS
Ocean Club
416-255-4663
• from $250,000
24C
20 DAVIES SMITH
Eleven Superior
416-259-8882
• from $220,000
23C
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
Uxbridge
Si
Bloor St
Lindsay
• from $350,000
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
Stevenson Rd
Whitby 7 Waterfront
Thornton Rd
Wentworth St
Gibb St
Centre St.
401
416-495-3544 48
King
Adelaide Ave
Kendalwood R
Blair St
Telephone
Hopkins St
48
8
Garrard Rd
Sp ee rs Rd La ke Ma sh cD or eR on Cor ald nw dE Rd all Rd
Anderson St
Garden St Blair St
Bradford Tecumseth and Riva del Lago Tottenham
Brock St S Henry St Gordon St
Cannington
East Gwillimbury Further North Waterfront 400
Cochrane St
ly
Brock St N
a
Keswick
n
Bayly St E Georgina Island 33 caygeo Bob
Ajax-Whitby
ew
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Georgina
Manning Rd
Town of Whitby
Bv
Sim
Westney Rd S
McQuay
Townline Rd
ke
La
Rossland Rd
1
*TH: Townhomes, C: Condo
eS co Sim
Stevenson Rd
Garden St
Baldwin St S
Taunton Rd W
Dryden Bv
Dundas St E
e 401
Shoal Point Rd
Bay
Conlin Rd
Rossland Rd
co
Pickering Beach Rd
Harwood Ave
Finley Ave
La Br ke id sh ge or Rd eR dW
25
To Os
Thornton Rd
Lakeshore Blvd E
Thickson Rd
1518 20
R
Country Lane
Bu rn ha m th or pe Rd E
Church St E
16 28
Evans Ave
Coronation R
Lakeridge Rd
Mara
Audley Rd
Rd
8 Con
Taunton Rd WWaterfront Etobicoke
Salem Rd
Up pe rM idd le
Eg Bu lin to rn Ra n ha th b m u th rn or Rd pe E Du Rd nd Th W as eQ St ue E en sw ay
Br ita nn ia Rd W
Av eW St ee les
26
Garrard Rd
De rry Rd W
25
Baldwin St N
Park Lawn Cedarbrook T
Royal York Rd
Halls Rd N
Audley Rd
Salem Rd
Westney Rd N
Bu rn ha m th or pe Du Rd nd W as St W
Duffs Rd
24
Village of Gardiner Expressway in 1411 Brookl 2
Queensway
Horner Ave Rossland/Winchester
Oro
9
Stevenson Rd
Ashburn Rd
23
Cochrane
Country Lane
Lake Ridge R
4 Sideline R
QEW
Kingston Rd
400
d
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4 Sideline
Dundas St W
Town of Ajax 11
Barrie
21 22
Brawley Rd Bloor St W
Alliston,
Watermark Adjala 9
Fifth Conces 12 11 9
Magill Dr
eD
28 empire communities
6 Sideline
Greenwood Rd
93
400
20
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
69
Lak
Mono
4 Sideline R
Rd Ravenscroft
0
18 Monarch Corporation
19
Mississauga Taunton Rd E Waterfront Orillia
Church St S
Hwy 5
Essa
Beeton, Site
89
10 25 queenscorp residences
Squires Beach Rd
Tosorontio Everett
7
Delaney Dr
Montgomery F
k
Shelburne
Brock Rd
Angus
D
Builder
Sandy Beach
nt
J
Liverpool Rd
u1g0 em ou
Vespra 401
Sunnidale Oakville Granite Court 90 Waterfront Lisle
Whites Rd
Rd ak rlo Bu
Ro
Paddock Rd
Church St N Riverside Dr Notion Rd
Glenanna Rd
Appleview Rd
Spruce Hill Rd e Lin
Stroud's
24 ings K
16 Sideline
27
4
Highview Rd
Sheppard Ave
#
Brock Rd sR Oak jor Ma Valley Farm
6
Wasaga Beach
I
69
Rossland Rd
Liverpool Rd
Fairport Rd
No ttin gh ll G Finch iAve ate
18
Columbus Rd
Bracebridge
27
3 Concession
17
Myrtle Rd W Rathburn Rd
6 Concession
Tay
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Ke rr St
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1
400
Brock Rd
Midland d
W QE
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7 Concession
w th ra Rd
4 Concession Dr Ford
Dixie Rd
Altona Rd
25
Whites Rd
Rd
Tr em ai hne R d
Rd
RdRosebank Rd
d eR Lin
Rd Thornbury
Rd
Brock Rd
Rd
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6
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Oakville
Georgian Bay
Br gont e
3 40
8
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9
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condo watch
previews & registrations Daniels Erin Mills by The Daniels Corp.
New landmark community coming this fall to Erin Mills and Eglinton. Register to stay informed. Web: DanielsErinMills.com
Centro Square by Liberty Development
905 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@wall2wallmedia.com
Now previewing, Phase 2 in this master-planned community in the heart of Woodbridge. Web: CentroSquare.ca
SkyCity2 by Pemberton Group
Urban living is coming soon to Richmond Hill. Phase 1 is under construction at Yonge and Hwy. 7. Register for Phase 2. Web: SkyCityCondos.com
The Clairington by Castleridge Homes
Active adult living in a park-side condo in Brampton. Tower 2 unveiling soon. Register for insider access. Web: TheClairington.com
Grand Palace Condominiums by Guizzetti Corp.
Luxury living at affordable prices is coming to Richmond Hill. Register now for Tower C. Web: GrandPalace.ca
Pace on Main by Geranium Homes
Luxury suites coming soon to Stouffville’s boutique condominium address. Register now to stay informed. Web: GeraniumHomes.com
Park City Condominiums By Tobyn Park Homes
Currently in pre-construction at Walkers Line and Upper Middle Road in Burlington. Register now. Web: ParkCityLiving.ca
112 new Condo Guide apr 26 - may 10, 2014
new releases & grand openings Legacy Park by Liberty Development
New release! Be part of the grand finale at Thornhill City Centre – iconic architecture, urban suite designs and fabulous park views. Web: LegacyParkCondos.com
The Mark by Empire Communities
Now open at Markham Road and Bur Oak. Remarkable residences. Remarkable Markham. Web: TheMarkCondos.ca
Grand Cornell Brownstones by Lindvest
Now open in Markham! A new collection of stacked condominium townhomes is coming soon to the established Grand Cornell community located at Ninth Line and Hwy. 7. Web: Lindvest.com
Rain Condominiums by Empire Communities
New suite release at Rain Condominiums in Oakville. Now under construction. Web: RainCondos.com
Allegra by Nova Trimax
New release of Terrace Loft Suites, steps from the Village of Woodbridge. Construction now underway on Phase 1. Web: AllegraCondos.com
GTA Edition April 26 - May 10, 2014
Your complete source for condos, lofts and townhomes in the 905 region
IN THIS SECTION Maps and listings for new condo communities in the 905 region Builder news and the latest in condos in the 905
Coming This Spring
It's A Main Street
BILD 2012 HOME BUILDER OF THE YEAR CHBA 2011 GRAND SAM AWARD WINNER
State Of Mind
To Downtown, Stouffville
PAC E Pace on Main is more P
ON
MAIN
BOUTIQUE CONDOMINIUMS
tthan just an address,
STOUFFVILLE’S BOUTIQUE CONDOMINIUM ADDRESS
iit’s life in the heart of Downtown Stouff ffville. ll It’s an intimate collection ll of just 67 residences nestled within a neighbourhood of heritage architecture and tree lined streets. Bistros beckon for casual suppers and fine dining is a stroll away. Day-to-day shopping mixes with one-of-a-kind boutiques. Nearby is Memorial Park and its adjoining trail system; and fitness and cultural
REGISTER NOW GERANIUMHOMES.COM
accessible to the north, and when heading
BLAKE ST
steps away.
MAIN ST 9TH LINE
to downtown Toronto — GO Train access is
Pace on Main… Life At Your Own Pace
OBRIEN AVE
Cottage Country is easily
LLOYD ST
The Park.
FREEL LN
activities at the Lebovic Centre and 19 On
BURKHOLDER ST
Follow us:
#" - - " / 5 3 " & 4 50 6 ' ' 7 * - - & 1 0 35 ) 0 1 & 80 0 % 4 50 $ , Prices are correct at press time and are subject to change without notice. Sq.ft. measurements are approximate. E & O E.
style file
The humble chair // by Laura Stein Each and every day, all over the world, millions upon millions of people do the same thing they have been doing for thousands of years: park their posteriors in a chair. Chairs have graced the Earth since ancient times and are a ubiquitous part of our physical and social landscape. But have you ever thought of a chair as a fashion accessory? A museum-worthy masterpiece? A commentary on socio-political values? For every chair in which someone has sat, there has been someone else who spent hours hunched over a worktable drafting and designing. While some chairs have been fairly forgettable, other designs have been so forward-thinking and revolutionary that they changed the course of furniture design as a whole, and influenced an entire era. Today these chairs are considered classics and cultural icons, and can be found everywhere from your local café to the Museum of Modern Art.
Red-and-Blue Chair, designed by Gerrit Reitveld, 1918, The Netherlands Gerrit Reitveld is considered one of the most influential furniture designers of the 20th Century. A member of Dutch artistic movement De Stijl (“The Style”), Reitveld was interested in the most abstract expression of design, breaking it down to its simplest, purest form of shape and colour. Made of pine and plywood, this chair is often referred to as a three-dimensional version of a Mondrian painting, and is part of the permanent collection at The Museum of Modern Art.
Louis Ghost Chair, Philippe Starck, 2002, Paris Modeled on the classic Louis XV oval-back, this chair was introduced by Kartell in 2002 and soon became a classic in its own right. Formed from a single piece of injectionmolded transparent polycarbonate, it is strong and suited for indoor or outdoor use. Available at Design Within Reach (dwr.com), Inform Interiors (informinteriors.com) and other licensed Kartell retailers across Canada.
Morris Chair, designed by Gustav Stickley, circa 1901, Syracuse, NY Influenced by legendary English designer William Morris, this chair is an iconic example of the American Arts and Crafts movement of the early 20th Century. Made of unadorned quarter-sawn oak, it is one of the earliest reclining chairs, with a tilting back that adjusts through a series of pegs. Early Stickley originals sell at auction for tens of thousands, and the designs are still in production by Stickley today (stickley.com). Sold in Toronto at Manderly Manor (manderleymanor.com).
116 new Condo Guide apr 26 - may 10, 2014
Barcelona Chair, designed by Ludwig Mies van der Rohe, 1929, Berlin Originally designed for the German Pavillion at the 1929 International Exposition in Barcelona, this chair is one of the most recognizable of the modern period. Made of chromeplated steel and button-tufted leather, the chair has been produced by Knoll since 1953. To tell an original from a knock-off, look for Mies van der Rohe’s signature stamped on the inside of the frame. Available at Design Within Reach (dwr.com), Inform Interiors (informinteriors.com), and other licensed Knoll retailers across Canada.
Chair No. 14, designed by Michael Thonet, 1859, Vienna This bentwood chair is considered to be one of the most successful product designs of all time. Thonet developed a process of steaming wood until it was pliable, then manipulating it into shape. Because a single piece of wood could be bent into almost any configuration, no joinery and far fewer pieces of wood were required to create the furniture. Simple screws held the pieces together, which could be flat-packed for shipping and assembled on-site‌long before IKEA came around. An updated version of this chair is still in production today, and is still one of the most popular chair designs ever. toncanada.com
Lounge Chair 670, designed by Charles and Ray Eames, 1956, Los Angeles Husband and wife team Charles and Ray Eames produced furniture for the masses made from newly available products such as plastic, molded plywood and fiberglass. An icon of mid-century modern design, this chair was created for comfort. Although the chair’s design has evolved slightly over time, it has been in constant production by Herman Miller since its inception in 1956. Available at Design Within Reach (dwr.com), Inform Interiors (informinteriors.com) and other licensed Herman Miller retailers across Canada
Laura Stein Laura Stein Interiors is a Toronto-based firm specializing in custom interior decorating and design for residential clients. Laura has won considerable acclaim for her personalized design style, her insights on cutting-edge trends, and her customized furnishings. Her work has been nationally recognized with multiple industry awards, including the 2011 Consumer Choice Award for Best Interior Decorator in the city of Toronto, 2013 Best of Houzz Award, and took first place in Large Bath Category at 2014 National Kitchen and Bath Associates Design Competition. Laura has appeared on HGTV and is frequently featured as an industry expert on television as well as newspapers, magazines and websites across Canada and the U.S. Visit laurasteininteriors.com for additional information.
apr 26 - may 10, 2014 new Condo Guide 117
homebuyers’ help
Condo hunter’s checklist
When shopping for your dream condo, carry this list with you and take notes to help you remember what you saw, and where! condo #1
condo #2
condo #3
condo #4
Project & address:
Project & address:
Project & address:
Project & address:
Salesperson:
Salesperson:
Salesperson:
Salesperson:
Phone:
Phone:
Phone:
Phone:
Developer/builder:
Developer/builder:
Developer/builder:
Developer/builder:
Type:
Type:
Type:
Type:
2-storey highrise bungalow
detached conversion townhome
2-storey highrise bungalow
detached conversion townhome
2-storey highrise bungalow
detached conversion townhome
2-storey highrise bungalow
detached conversion townhome
Sq. Footage:
Sq. Footage:
Sq. Footage:
Sq. Footage:
# of bedrooms:
# of bedrooms:
# of bedrooms:
# of bedrooms:
# of bathrooms:
# of bathrooms:
# of bathrooms:
# of bathrooms:
Interior appliances:
Interior appliances:
Interior appliances:
Interior appliances:
Options:
Options:
Options:
Options:
Parking facilities:
Parking facilities:
Parking facilities:
Parking facilities:
Special incentives:
Special incentives:
Special incentives:
Special incentives:
Price:
Price:
Price:
Price:
Down payment:
Down payment:
Down payment:
Down payment:
Condo fees:
Condo fees:
Condo fees:
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Financing available:
Financing available:
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Other comments:
Other comments:
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Other comments:
118 new Condo Guide apr 26 - may 10, 2014
Register for Brand New Tower 2
LUXURIOUS PARKSIDE CONDOS ER D N 1 UCTION E S S PHANSTRU UNIT CO AL 12 FIN
ER 2 G W TO EILIN N UNV SOO
Unveiling soon where Woodbridge meets Brampton Castleridge Homes does it again! Following the spectacular success of Tower 1, The Clairington Tower 2 is unveiling soon. With a full roster of green features, including Geothermal technology, this newest addition will offer savings on utilities as well as a reduced environmental footprint. This is the ultimate in luxury condo living overlooking Clairville Conservation Area. REGISTER NOW for INSIDER ACCESS!
WOODBRIDGE
• 9’ & 10’ ceilings • Gourmet kitchens • Prestigious lobby design • Luxury amenities & more! FROM $229,900 TO THE HIGH $300’S SALES OFFICE HOURS: Mon. to Thurs. 1 pm to 7 pm, Sat. & Sun. 11 am to 5 pm Prices and specifications are subject to change without notice. Rendering is artist concept. E. & O. E.
Register for INSIDER ACCESS at
theclairington.com
905-793-0002
condo profile
Luxurious park-side condos are coming where Brampton meets Woodbridge
c
astleridge Homes is about to do it again! After the spectacular success of Tower One at The Clairington, a second luxury tower is about to be unveiled, and you can register to attend the preview by visiting TheClairington.com. Set where Woodbridge meets Brampton, The Clairington backs onto the magnificent 848-acre Claireville Conservation Area, with hiking, biking, horseback riding, golf courses and so much more. In this very desirable setting, you will soon have the choice of two towers – one currently under construction with 12 inventory suites still available, and a second 12-storey building launching soon. Prices at The Clairington are surprisingly affordable, starting in the $200’s and ranging up to the high $300’s. Suites in this luxurious condominium come with soaring nine-ft. ceilings, gourmet kitchens, luxury amenities, prestigious lobby design and a choice of breathtaking city and conservation area views. Because sustainability is so important to protecting the environment, there will be a full roster of Green features at The Clairington, including geothermal technology that will offer savings on utilities as well as reducing the building’s environmental footprint. 120 new Condo Guide apr 26 - may 10, 2014
The design is upscale and elegant. The features are fabulous. And the setting, right between Woodbridge and Brampton, gives you the best of all worlds with shopping, parkland and great transportation routes all just minutes away. Castleridge has incorporated energy-saving low-E argon windows, low-flow toilets, faucets and shower heads to save water, and garbage chutes that make recycling easy. And since we are all concerned with reducing our environmental footprint, the builder will purchase many of their building materials from local sources, which reduces the negative effects on the environment associated with long-distance transportation. Castleridge will also recycle excess building materials and construction waste. The design is upscale and elegant. The features are fabulous. And the setting, right between Woodbridge and Brampton, gives you the best of all worlds with shopping, parkland and great transportation routes all just minutes away.
If an affordable price and a luxury condominium right on Claireville Conservation Area sounds like something that would be right for you and your family, register to attend the upcoming preview by visiting TheClairington.com, or call 905.793.0002. apr 26 - may 10, 2014 new Condo Guide 121
in the news
STreetsville welcomes Kingsmill New community by Forest Green Homes The preview opening of Forest Green Homes’
condominium recently took place to welcome this community of 56 distinctive, boutique-style bungalow residences to the heart of Streetsville. The event gave homebuyers an exclusive opportunity to purchase a spacious, luxury home in this very desirable location. With valet parking for invited guests and delicious refreshments provided by Mondello Ristorante, a renowned Streetsville eatery, the event welcomed several hundred visitors eager to get a look at the unique model suite, floor plans and designs. Homebuyers can select from spacious twobedroom, two-bedroom-plus-den and penthouse homes. Each residence includes top-of-the-line features like granite countertops, kitchen island and breakfast bar, high-end stainless steel appliances, large ensuite bathrooms and separate laundry room. stunning new Kingsmill
The event gave homebuyers an exclusive opportunity to purchase a spacious, luxury home in this very desirable location Every suite has both a sunrise and sunset view, semi-private elevator (with only two residences per floor), hardwood floors, and nine-ft. ceilings. Surrounded by a forested ravine setting and next to a tributary of the Credit River, Kingsmill is inspired by its natural setting, but conveniently close to transportation and all the wonderful amenities offered in downtown Streetsville. Lloyd Martin, director of Trimart Corp., noted, “I am honoured and delighted to work with the purchasers of these exciting, contemporary residences in the heart of Streetsville, a community that offers a quality of living that combines luxury and convenience.� 122 new Condo Guide apr 26 - may 10, 2014
For more information, visit forestgreenhomes.com or call 905.271.1331.
RICHMOND HILL’S MOST ANTICIPATED LUXURY CONDOMINIUMS
STARTING FROM
$295,000* Register for Tower C Today
WIN T E R G A R D E N L O B B Y | 2 4 -H O U R C O N C I ER G E | S PA / FIT NE S S S T UDIO | Y OGA S T UDIO | S A UNA | P OOL PA RT Y R OO M / C O N F E R EN C E R O O M | G U ES T S UIT E | S UNBAT H ING T E RRAC E | RE TAIL S H OP S
Luxury Living AT AFFORDABLE PRICES
VISIT OUR PRESENTATION CENTRE 9612 Yonge St., Richmond Hill 905.907.4370 www.grandpalace.ca
Exclusive listing: Royal LePage —Your Community Realty Brokerage Broker Protected E&EO. Prices and Specifications are subject to change without notice. Illustration is artist concept. APR 26 - MAY 10, 2014 NEW CONDO GUIDE 123
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905 regionalmaps: Burlington, Brampton, Mississauga, Oakville, Further West, Further North
kw ar Cl
Go
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124
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26
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
Bolton
W al
23
5t
b
21 22
St
3
Sid er
2
h
th
1
25 th
oa d
Sid
er oa d
xt
E
Si
ra
Rd
Builder
Site
3 Castleridge Homes
Telephone
The Clairington
TH* C*
Price Range
Page
Finder
905-793-0002
•
from $230,000
119
16E
pinnacleuptown.com
•
from $720,000
63
20K
3
Pinnacle International
The Marquee Townhomes on the Park
7
Great Gulf Homes
HOT
905-828-4257
•
from $225,000
23
16M
17 Pemberton Group
Downtown Erin Mills Condominiums
905-630-6300
•
from $300,000
9
6C
30 Pinnacle International
Pinnacle Grand Park 2
905-276-3981
•
from $350,000
62
20L
34 Pinnacle International
Pinnacle Uptown, Crystal 2
905-568-9000
•
from $255,000
63
19K
45 Empire Communities
Rain Condominiums
905-845-7246
•
from $200,000
7
17Q
2
Great Gulf Homes
Twenty Lombard
416-499-8883
•
from $492,000
16K
2
Great Gulf Homes
Corporate
greatgulf.com
•
16K
4
Conservatory Group
Mirage
905-232-2400
•
from $270,000
20K
5
AMACON
PSV2
905-273-9333
•
18M
8
Fernbrook Homes
Absolute World
416-869-6057
•
from $188,000
21k
8
Cityzen
Absolute World
416-869-6057
from $188,000
21K
10 AMACON
The Residences at Parkside Village
905-273-9333
•
from $250,000
21K
12 Alterra Homes
Renaissance in Olde Brampton
416-710-1010
•
from $295,000
13d
14 Pemberton Group
Rosedale Village Golf & Country Club
905-799-5000
•
from $346,000
12e
16 Vandyk Communities
Windows on the Green
905-822-3333
from $300,000
17M
18 Retirement Lifestyle Communities
Palisades on the Glen
905-820-8210
•
from $290,000
17M
19 United Lands
Stonebrook II
905-822-8858
•
22n
21 Casino Bay Dev. Corp./Toddglen
Panoramic Point at Brewery Bay
27 Inzola Group
•
•
1-866-611-5525
•
from $264,000
7Q
Park Place
905-451-7001
•
from $310,000
14G
32 Armour Heights Developments
River’s Edge
905-533-2400
•
from $285,000
14A
35 Ashley Oaks Group
Emporium at Joshua Creek
905-618-0660
•
from $200,000
17P
38 Tridel Corporation
Metrogate - Ventus 2
416-293-5535
•
•
from $302,000
19J
38 Tridel Corporation
Ventus at Metrogate
416-293-5535
•
•
from $344,000
19J
46 Mattamy Homes
The Mount Pleasant Village
mattamyhomes.com
•
from $200,000
20M
47 The Daniels Corporation
Daniels Erin Mills
905-306-6996
•
from $200,000
17M
*TH: Townhomes, C: Condo
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554
905 regionalmaps: Burlington, Brampton, Mississauga, Oakville, Further West, Further North
#
125
1
A
2
3
4
5
6
7
8
9
10
11
12
13
14
15
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
16
17
18
19
20
East
Town of Markham
12
7 407
11 Concess
Markham
ion R
TH* C*
10 Concess ion R
Telephone
9 Line
2
Hwy. 48 le Dr
Rd
6
Raymervil
n
14 Ave
Main St S
34
de
Al
McCowan Rd
Hwy. 27
To wn of O sh awa
28
2
Bullock Dr Hwy 7
Aldergrove Dr
905regionalmaps: Maple, Thornhill, Richmond Hill, Vaughan, Markham, Ajax, Whitby, Oshawa
26
Key Maps
Major Mackenzie
15
407
404
Site
Kennedy Rd
126
Builder
Warden Av e
e
Steeles Ave E
St
45
7 14
404
John
18 Ave
16 Ave Carlton Rd
Ave
e
Clark Ave W
8
Cachet Pkwy Woodbin e
Centre St
40
24 1 13
Steeles Ave W
#
Leslie St
407
16th Ave.
32
Thornhill Henderson Av
7
Elgin Mills Rd
Leslie St
Langstaff Rd
31 Yonge St
7
43 10
23
4
rn Ave
e Av
400
22
g 407
Weldrick Rd W
Rutherford Rd
404
1
Strathea
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41 26
25
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Richmond Hill Denham Dr
ng Isli
50
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Bayview Ave
20
Elgin Mills Rd Neal Dr
n
29
e
St
25
Regent St Mill St
Maple
19th Ave.
Yorkland
Huntingto
11
Major Mackenzie
401
Gamble Rd
Bathurst St
d
Dufferin St
y Cr
Teston Rd
Nashville Rd
400
Jefferson Sideroad
Keele St
Kirby Rd
Jane St
Rd
Pine Valle
c
24
401
Weston Rd
Cold Cree k
12 Line Rd
King-Vaughan Rd
To wn of Ajax
City of Pickerin g
Yonge St
King Rd
23
To wn of W hitby
Bloomington Sideroad
b
21 22
Denison St
Price Range
Page
Finder
32 Liberty Development Corp.
Royal Gardens
905-889-9997
•
from $240,000
35
14f
43 Guizzetti Developments
Grand Palace
905-907-4370
•
from $295,000
123
12E
46 Empire Communities
The Mark
905-554-5015
•
from $250,000
6
21E
•
16D
1
Monarch Corporation
Garden Court
416-495-3595
2
Flato Development
Arthouse
905-554-8722
from $200,000
22E
4
Tridel Corporation
Renaissance of Richmond Hill
416-736-9500
•
from $740,000
12G
7
MintoUrban Communities Inc.
WaterGarden
416-915-3800
•
from $254,000
11G
10 Great Lands Corp.
The Beverly Hills Resort Residences
905-882-6636
from $250,000
13F
11 Triaxis Development Inc/Marino Developments
Courtyards of Maple
416-798-7070
•
from $390,000
8E
12 Greenpark Homes
UV2
905-554-6501
•
from $253,000
22F
13 Liberty Development Corp.
Legacy Park
905-731-8302
•
from $303,000
10g
13 Liberty Development Corp.
Legacy Park
905-731-8302
•
from $280,000
10g
14 Remington Group
The Signature Condominium
905-948-9900
•
from $300,000
18F
20 Solmar Development Corp
Bellaria Residences
905-417-8482
•
from $240,000
7e
22 Quadra Mgt. & Sceptre Devs.
Renaissance Court at Woodbridge Gates
905-851-4220
•
from $505,000
3G
22 Wycliffe Homes
Fairground Lofts
905-605-5900
•
from $340,000
3G
24 Liberty Development Corp.
The Fountains
905-731-8302
•
from $272,000
10F
26 Rice Development
Ambria
905-796-3630
•
from $340,000
3F
28 Chestnut Hill Homes
San Francisco by the Bay
905-831-3631
•
from $200,000
22C
31 Pemberton Group
Miracle at Yonge
905-709-5700
•
from $280,000
12F
31 Pemberton Group
Sky City
905-709-5700
•
from $320,000
12F
31 Pemberton Group
Sky City 2
905-709-5700
•
from $320,000
12F
32 Signature Communities
TAO Boutique Condos
905-597-2535
•
from $200,000
14F
34 Sierra Homes
68 Main Street
905-305-0822
•
from $250,000
22F
40 Nova Trimax
Allegra
905-850-6866
•
from $250,000
1F
41 Quadcam Development Group Inc
Vista Parc Condominiums
905-850-8883
•
from $260,000
3F
44 Liberty Development Corp.
Centro Square Condos 2
905-851-8877
•
4G
45 Kylemore Communities
The 6th Angus Glen
905-887-9950
•
19E
*TH: Townhomes, C: Condo
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
•
•
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554
I BUILD CONFIDENCE. “As a proud member of BILD, we network with peers and share a unified commitment to continuously raising industry standards, inspiring innovation and elevating the business of building. The association offers us resources that help us stay current on the broader issues affecting our industry. This unwavering support is what helps us continue to be a leader in the dynamic Toronto real estate market.�
Alan Vihant Senior Vice President for High Rise
Great Gulf Homes Builder / Developer Member Since 1975
I AM
Get Involved: bildgta.ca
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Pemberton Group’s superb interior finishes are showcased in the model vignettes at Downtown Erin Mills.
APRIL2014
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homebuyers’ help
condo buyers’
resource section
You love the condo, see what you can afford! Compare mortgage rates for your best deal Calculate your mortgage payments using the mortgage payment calculation chart
apr 26 - may 10, 2014 new Condo Guide 129
homebuyers’ help
Calculate your mortgage payments interest rate
amortization period
chart figure
mortgage amount ÷ 1,000
monthly payment
example: 5%
25 years
5.82
125 (mortgage amount $125,000)
$
Follow these steps to see if you’ll qualify for a mortgage on your dream condo 01 Calculate the combined monthly before-tax income of you and your spouse. 02 Divide by three. This figure is the monthly payment you can afford to make on your condo. 03 Take the total price of the condo and subtract the amount of money you expect to make as a down payment. This is the money you will have to borrow.
130 new Condo Guide apr 26 - may 10, 2014
04 Refer to the chart on the opposite page. Look down the left column and locate the interest rate you expect to pay. Line this up with the amortization period of your choice. (Most first-time buyers take the 25-year amortization.) 05 Multiply this figure by the amount you need to borrow. Divide by 1,000.
06 Add to this your estimated monthly heating costs and monthly property taxes. 07 If this figure is equal to or less than one-third of your gross monthly income (calculated in Step 2), you’ll qualify for a mortgage on your dream condo.
Bear in mind that this is a rough estimate. If you have several other large loans already, you may qualify for less. Also, banks and trust companies vary in their policies. The best way to know what you can afford is to go to the lending institution of your choice and get pre-qualified.
Mortgage payment calculation chart
%
Amortization Periods
Interest Rates
10 years
15 years
20 years
25 years
30 Years
3.00%
9.65
6.90
5.54
4.73
4.21
3.25%
9.76
7.02
5.66
4.86
4.34
3.50%
9.88
7.14
5.79
4.99
4.48
3.75%
9.99
7.26
5.91
5.13
4.61
4.00%
10.11
7.38
6.04
5.26
4.76
4.25%
10.23
7.50
6.17
5.40
4.90
4.50%
10.34
7.63
6.30
5.53
5.04
4.75%
10.46
7.75
6.44
5.67
5.19
5.00%
10.58
7.88
6.57
5.82
5.34 5.49
5.25%
10.70
8.01
6.74
5.96
5.50%
10.82
8.14
6.85
6.10
5.64
5.75%
10.94
8.27
6.98
6.25
5.79
6.00%
11.07
8.40
7.12
6.40
5.95
6.25%
11.19
8.53
7.26
6.55
6.11
6.50%
11.31
8.66
7.41
6.70
6.26
6.75%
11.43
8.80
7.55
6.85
6.42
7.00%
11.56
8.93
7.69
7.00
6.59
7.25%
11.68
9.07
7.84
7.16
6.75
7.50%
11.81
9.21
7.99
7.32
6.91
7.75%
11.94
9.34
8.14
7.47
7.08
8.00%
12.06
9.48
8.28
7.63
7.25
8.25%
12.19
9.62
8.44
7.79
7.42
8.50%
12.32
9.76
8.59
7.95
7.59
8.75%
12.45
9.90
8.74
8.12
7.76
9.00%
12.58
10.05
8.86
8.28
7.93
9.25%
12.71
10.19
9.05
8.45
8.10
9.50%
12.84
10.33
9.20
8.62
8.28
9.75%
12.97
10.48
9.36
8.78
8.45
10.00%
13.10
10.63
9.52
8.95
8.63
10.25%
13.24
10.77
9.68
9.12
8.80
10.50%
13.37
10.92
9.84
9.29
8.98
10.75%
13.50
11.06
10.00
9.46
9.16
11.00%
13.64
11.22
10.16
9.63
9.34
11.25%
13.77
11.36
10.32
9.80
9.52
11.50%
13.91
11.52
10.49
9.97
9.70
11.75%
14.04
11.66
10.65
10.15
9.88
12.00%
14.18
11.82
10.81
10.32
10.06
12.25%
14.32
11.97
10.98
10.49
10.25
12.50%
14.46
12.13
11.15
10.67
10.43
12.75%
14.59
12.28
11.31
10.85
10.61
This table shows the monthly payment of principal and interest for each $1,000 of mortgage. Example: The monthly principal and interest payment for a $125,000 mortgage with a 25-year amortization period at 5% is as follows: ($125,000 รท 1,000) X 5.82 = $727.50 apr 26 - may 10, 2014 new Condo Guide 131
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homebuyers’ help
Compare mortgage rates for your best deal CHARTERED BANKS
Variable
6 Months
1 Year
2 years
3 years
4 years
5 years
ATB Financial 2.7
4 6.30op
2.94 6.30op
2.89 2.99 3.04 6.50op
3.39
Alterna Svgs/Alterna Bk 2.6
4 6.30op
2.98 2.98 2.98 2.94 6.30op
2.98
Bank of Montreal 3
4 6.30op
3.14 3.04 3.85 4.39 6.30op
2.99
Bank of Nova Scotia 2.6
4.55 6.45op
3.29 3.14 3.44 2.94 6.50op
4.79
Canadian Western Bank
4 6.45op
3.14 3.04 3.75 4.39 6.30op
4.99
CFF Bank
3.69
3.79
3.24
CIBC 3 6.70op
3.09 2.79 3.75 2.97 6.35op
4.99
HSBC Bank Canada 2.65
2.7 3.95 2.93 3.09 6.35op
3.49
3.15
ICICI Bank Canada
4.45 6.20op
3.69
3.89
3 3.05 3.1 3.19 4.00op
3.24
National Bank n/a
3.14 3.04 3.75 2.99 6.70op
3.39
4.4 6.70op
3
3.65
3.79
Manulife Bank 2.7 4.45
President’s Choice Financial
3.05
3.75
3.69
4.09
Royal Bank 3 6.30op
3.14 3.04 3.75 4.54 6.30op
4.94
TD Canada Trust 3
3.09 2.79 3.44 2.97 6.30op
3.39
Tangerine
3.19
3.24
3.49
3.69
3.99
3.25
3.95
4.74
3
3.24
3.64
3.59
TRUST COMPANIES 6.5
3.14
Effort Trust n/a
Community Trust
n/a
4.45 6.30op
3.25 3.6 3.7 4.6 6.30op
4.95
Home Trust Company
2.5
2.89
3.95
2.89
2.94
3.09
Investors Group Trust n/a
4.2 6.50op
3.14 3.14 3.75 4.64 6.30op
4.99
MTCC 2.6
4.55 6.45op
3.29 6.50op
2.94
4.79
Airline Financial C.U. 4
3.01 3.1 3.33 3.65 6.25op
3.99
Comtech Credit Union 2.95
6.2 6.40op
2.99 3.25 3.29 2.99 6.30op
2.99
First National Fin. LP
3.95
2.99
3.14
2.79
4.99
3.44
OTHER FINANCIAL INSTITUTIONS
2.87
3.19
FirstOntario C.U. 2.7 6.34op
3.09 3.14 3.29 2.95 6.34op
3.09
IC Savings
3.05
3.39
3.39
London Life n/a
3.14 3.14 3.75 4.64 6.30op
4.99
3.05 6.3
2.75
2.95
2.9
2.95
3.6
3.95
4.35
4.2 6.50op
Luminus Financial 2.55 MCAP
2.6
2.59
2.99
2.79
2.99
4.89
5.14
Meridian Credit Union 2.6 4
3.09 3.14 3.65 4.39 6.30op
2.95
Parama Credit Union 2.85
2.85 3.05 3.15 3.25 3.00op
3.4
Steinbach Credit Union
2.7
3.2
2.5
2.8
2.9
2.95
Notes **Interest rate charged subject to adjustment during term mortgage. Please consult institution for term of years available. All rates are prime rates and subject to change without notice. R.O.R. RATES ON REQUEST op OPEN ----- NOT QUOTING N/A NOT AVAILABLE APR. 21, 2014. Prepared By Fiscal Agents Financial Information Services 905.844.7700
apr 26 - may 10, 2014 new Condo Guide 133
index of advertisers 45 Charles Ltd. - Chaz Yorkville Condos
31
Liberty Development Corp. - World on Yonge
Aspen Ridge Homes - Studio on Richmond
51
Lifetime Developments - The Bond Condominiums
27
Lifetime Developments - The Code
25
Lindvest - Corporate
81
Luxury Living Magazine - Promo
74
Baywood Homes - TEN93 Queen West
8
Bazis Inc. - E Condos
19
Bazis Inc. - No1 Yorkville
5
BILD - Promo
127
Brandy Lane Homes - The Station
56
Camrost - Felcorp - Imperial Plaza
3
Camrost - Felcorp - The Cumberland
1
35
Malibu Investments Inc. - Smart House
55
Menkes Developments Inc. - 87 Peter
Insert
Menkes Developments Inc. - Corporate
Insert
Canpages - Promo
135
Castleridge Homes - The Clairington
119
Metropia - E Condos
19
Centrestone Urban Developments Inc. - 383 Sorauren
103
MintoUrban Communities Inc. - 30 Roe
85
Cherrywood Homes - Glengrove on the park
121
Monarch Corporation - Corporate
Insert
Monarch Corporation - Riva del Lago
Insert
Monarch Corporation - The Epicurean
17
Chinese Home & Condo Guide - Promo
54
City Core - Harmony Village Sheppard
87
Concord Adex - FWD Condominiums
42-43
Cresford Development Corp. - 1000 Bay
IBC
Pemberton Group - Downtown Erin Mills Condominiums
Cresford Development Corp. - CASA 2
IBC
Pemberton Group - Model Suite of the Month
Cresford Development Corp. - CASA III
IBC
Cresford Development Corp. - Lofts 399
IBC
Cresford Development Corp. - Merton Yonge Condominiums
136 & IBC
Cresford Development Corp. - NXT at Windermere By the Lake
IBC
Devron Developments - The Academy
97
DHD Developments - Gooderham Condos at The Distillery
91
Digital Device - Promo
98
9 128
Pemberton Group - TEN93 Queen West
8
Pinnacle International - Pinnacle Grand Park 2
62
Pinnacle International - Pinnacle Uptown, Crystal 2
63
Pinnacle International - The Marquee Townhomes on the Park
63
Pinnacle International - The Pinnacle on Adelaide
63
Queenscorp Residences - Watermark
99
Dundee Kilmer Developments - Canary Park Condominiums
45
Easton’s Group - Dundas Square Gardens
71
Rio Can - E Condos
19
Eden Shaw - Chaz Yorkville Condos
31
Shopping Guide - Promo
46
Edilcan Development Corp. - Triumph at Valhalla
69
Sorbara Group - Beacon
83
ELAD Canada - Emerald City Condominiums
79
Empire Communities - Rain Condominiums
7
Empire Communities - The HUB
6
Empire Communities - The Mark Empire Communities - Water Tower at Eau Du Soleil Family of magazines - Promo
77
6
T.D. Bank - Corporate
26
6
The Daniels Corporation - Cinema Tower Condominiums
29
132 65
Fieldgate Homes - 90 Niagara
59
Gairloch Investments - 383 Sorauren Geranium Homes - Pace on Main
105
Streetcar Development - The Taylor
Fernbrook Homes/Cityzen Dev. - Garrison Point Fram Building Group - SOUL
Stanton Renaissance - On The Go Mimico
94 103 114-115
Great Gulf Homes - Charlie
23
Great Gulf Homes - HOT
23
The Daniels Corporation - High Park Condominiums
Insert & 49
The Daniels Corporation - NY2
39
The Daniels Corporation - One Park Place South Tower
15
Torbel Group - Diva Condo
95
Tower Hill Development Corporation - 2221 Yonge
67
Tribute Communities - The College
47
Great Gulf Homes - Monde
22
Tridel Corporation - 101 Erskine
Great Gulf Homes - One Bloor Residences
22
Tridel Corporation - Corporate
Great Gulf Homes - One Sherway Condominiums
22
Tridel Corporation - Spadina Queen
IFC
Great Gulf Homes - X2
23
Great Gulf Homes - Yonge+Richmond
23
Tridel Corporation - Trio at Atria
IFC
Tridel Corporation - West Village
IFC
Guizzetti Developments - Grand Palace
123
Insoho Developments - Imagine Condos
101
IFC IFC & BC
Triumph Developments - Howard Park 2
75
Urban Capital - RC3
53
Urban Capital - Smart House
55
VHL Developments Ltd. - 2150 Condos
96
K-CAP Laird Inc. - The Upper House Condos in Leaside
28
Lanterra Developments - 11 Wellesley
11
Lanterra Developments - Riverhouse at the Old Mill
24
Lemine Investment Group - The Academy
97
Liberty Development Corp. - Royal Gardens
35
Worsley Urban Partners - Totem Condominium
57
35
Your First Home & Condo - Promo
90
Liberty Development Corp. - Terrace on Danforth 134 new Condo Guide apr 26 - may 10, 2014
IN THE MARKET FOR A
NEW HOUSE
OR A CONDO?
We think finding a home is a lot more than simply finding the right property. That’s why we put you right in the middle of the search process.
Search your favourite neighbourhood
Find out about nearby services and amenities
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Visit the new real estate section on canpages.ca and start looking for that special place.
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135 NEW CONDO GUIDE APR 26 - MAY 10, 2014
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M ERTO N YO NGE TOWNHOM E S
aCtual South vIew
liVE. hErE. now.
Call for your private appointment today. presentation Centre loCated at 170 merton street.
penthouses from the $800’s - new release townhomes from the high $500’s tower suites from the mid $300’s 416.484.1900 myccondo.com
eXplore
in 4d
N
YONGE
Midtown living at its very best! MYC is located at Yonge & Merton, just steps to the subway, parks, trails and trendy Yonge Street boutiques and cafes. It’s your life, your style, your way.
EGLINTON
➤
StyliSh CondoMiniUMS & townhoMES at 1815 yongE StrEEt. FiniShEd with ExCEptional UpgradES.
DAVISVILLE TTC SUBWAY
PRESENTATION CENTRE MERTON
SITE ST. CLAIR
ROSEDALE BLOOR
BrokerS ProteCted. PrICeS and SPeCIfICatIonS are SuBjeCt to Change wIthout notICe. IlluStratIonS are artISt ConCePt. e.&o.e.
136 NEW CONDO GUIDE APR 26 - MAY 10, 2014
Tridel communities across the GTA
Relax. It’s a Tridel.
NOrth YOrk trIO at atrIa Now Selling 416-645-8866 Sheppard, east of 404 altO & ParksIde at atrIa Under Construction 416-645-8866 Sheppard, east of 404 arGeNtO Under Construction 416-663-1818 Don Mills & York Mills arIstO Under Construction 416-730-0300 Yonge & 401 hullmark COrPOrate CeNtre Under Construction 416-733-2883 Yonge & Sheppard tOrONtO sQ at alexaNdra Park Grand Opening 416-661-1949 Spadina & Queen aQualINa at BaYsIde Now Selling 416-514-2710 Queens Quay East on Lake Ontario 101 erskINe Now Selling 416-480-0700 Yonge & Eglinton 300 FrONt Move In Today 416-217-0300 Front & John BlYthwOOd at huNtINGtON Under Construction 416-485-1900 Bayview & Lawrence teN YOrk Under Construction 416-596-9888 York & Harbour twO Old mIll Under Construction 416-645-7022 Bloor West Village ONe Old mIll Under Construction 416-645-7022 Bloor West Village sCarBOrOuGh VeNtus at metrOGate Move In Today 416-293-5535 Kennedy & 401 aVaNI at metrOGate Under Construction 416-293-5535 Kennedy & 401 etOBICOke
Throughout the entire home buying process, we’re determined to create a positive experience for you. In fact, our commitment to your satisfaction starts long before you are even our customer. It starts from the moment you step into a Tridel Presentation Centre and continues long after you’ve settled into your new home. Maintaining the highest standard of customer care from start to finish is why we continue to lead the industry in customer satisfaction ratings and awards. For a builder that focuses on what’s important to you, look to Tridel.
Tridel®, Tridel Built for Life® are registered trademarks of Tridel and used under license. ©Tridel 2014. All rights reserved. E.&O.E. April 2014. *Price and specifications subject to change without notice.
west VIllaGe Move In Today 416-620-1887 Etobicoke Civic Centre rIChmONd hIll reNaIssaNCe Move In Today 416-736-9500 Yonge & Major Mackenzie
tridel.com
etOBICOke’s New VIllaGe. mOVe IN NOw.
ONe OF dOwNtOwN tOrONtO’s mOst dramatIC New CONdOs.
West Village is ready to welcome you. A vibrant urban community close to great shopping, dining and entertainment, plus nature trails. From West Village you can get anywhere with ease: near major highways, TTC and the airport.
Discover a modern, geometric design that steps away from the typical condo aesthetic in the epicentre of downtown Toronto. SQ is where people in the know want to live. Inventive, imaginative and inspiring.
mOVe IN NOw
GraNd OPeNING
suites from $290,000*
suites from the mid $300,000’s*
PreseNtatION CeNtre: 6 Eva Road, Etobicoke (north of Bloor Street W., off The West Mall)
PreseNtatION CeNtre: 519 Queen Street West, Toronto (Queen Street W. & Spadina Ave.)
Facebook.com/Tridel
Twitter.com/Tridel
tridel.com
aN urBaN OasIs at YONGe & eGlINtON.
the Next Great Phase OF atrIa IN NOrth YOrk.
Maximize your living space with a smartly designed suite. Open-concept living and dining rooms with modern styling flow into designer kitchens featuring built-in appliances. 101 Erskine is conveniently located mere steps from prestigious shopping, dining and entertainment.
Located within the master planned Atria community, TRIO is the most desirable new place to live in North York. Close to Fairview Mall and the proposed Sheppard Avenue East LRT**. An exquisite residence adjoining a lush park.
GraNd OPeNING
GraNd OPeNING
suites from $286,000*
showcase Collection suites from $255,000*
signature & Penthouse Collection suites from $854,000* Nine signature townhomes from $895,000* PreseNtatION CeNtre: 2611 Yonge Street, Toronto (at Sheldrake Blvd.)
PreseNtatION CeNtre: 2255 Sheppard Ave. E., Unit 120, North York (at Settlers Rd.)
A Tridel Built Green. Built for Life.® community. *Price and specifications are subject to change without notice. Illustrations are artist’s concept only. **Source: The City of Toronto Official Plan and the Agincourt Secondary Plan, a future bus and subway terminal or other transit related uses are proposed for this location. Building and view not to scale. Tridel®, Tridel Built for Life®, Tridel Built Green. Built for Life.® are registered trademarks of Tridel and used under license. ©Tridel 2014. All rights reserved. E.&O.E. April 2014.
CRESFORD. LOCATION. DESIGN. DETAIL. INSPIRATION. FASHION. STYLE. TRUST. FROM COVETED LOCATIONS TO FASHION-FORWARD DESIGN TO SOPHISTICATED AMENITIES, CRESFORD DEVELOPMENTS DEFINES THE ESSENCE OF LUXURY CONDOMINIUM LIVING. THE FIRST RESIDENTIAL DEVELOPER IN CANADA TO DRESS UP
New Condominium Gallery with model suite now open Yorkville From the mid $200’s 416.486.CASA (2272)
Under Construction Yorkville From the high $200’s Penthouses Now Available 416.486.CASA (2272)
1THOUSAND BAY CONDOMINIUMS ON THE PARK
Under Construction Bay & Bloor From the high $300’s 416.485.3000
Move in Now Yonge & Merton Urban Townhomes From the high $500’s Tower Suites From the $300’s Penthouses Now Available 416.484.1900
THEIR CONDOMINIUMS WITH INTERNATIONAL FASHION LABELS, CRESFORD IS KNOWN FOR SUPERB QUALITY AND ATTENTION TO DETAIL. A TRUSTED NAME IN THE MARKET FOR OVER 30 YEARS, A CRESFORD CONDO INSPIRES CONFIDENCE AND SECURITY.
VISIT OUR NEW CONDOMINIUM GALLERY AT 62 CHARLES ST. E.
cresford.com EXPLORE
Move in Now Windermere by the Lake From the mid $300’s 416.977.5300
IN 4D
BROKERS PROTECTED. PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. ILLUSTRATIONS ARE ARTIST CONCEPT. E.&O.E.
Move in Now King West From the high $500’s 416.867.3999