GTA New Condo Guide - June 15, 2013

June 15 - 29, 2013 Volume 17 Issue 12

NOW PREVIEWING CENTROSQUARE.CA

HOW METROLINX PLAN COULD AFFECT HOUSING

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D. NR STO WE INSIDE THIS ISSUE

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PHASE 2

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editor’s note

THINK YOU CAN’T AFFORD A HOME? It’s more affordable than you first thought

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

Much like that bank commercial that says, “You’re richer than you think,” a new home may be more affordable than you originally thought. Perhaps you need only to change your definition of “home” to get into the market.

While a detached home is the traditional choice for many, highrise and lowrise suites, lofts and townhomes have become a prime choice among first-time buyers and empty nesters in the market for new place to call home.

Not only does townhouse and condominium living afford you the opportunity to live in a prime neighbourhood at a great starting price, when it’s time to move you can often opt to remain in the same

neighbourhood, since many communities offer a mix of designs and sizes, which allows families to relocate easily without having to change jobs or schools.

Today’s communities generally have a range of sizes and prices that start at the “affordable” end of the price spectrum. Many builders and developers are gearing up for their grand openings and have new communities available for quick occupancy. It’s an exciting time to be shopping for a new place, so don’t miss this excellent buying opportunity.

Have a look through this issue and see what you think. The home of your dreams is waiting.

proximity premium

Being close to transit, highways and other infrastructure more important than ever

Wayne Karl

Editor

Wall2Wall Media wayne.karl@wall2wallmedia.com Follow me on Twitter at Twitter.com/WayneKarl

002 new Condo Guide june 15 - 29, 2013

The ongoing debate over transit expansion – and more importantly, how to pay for it – continues to be a contentious issue.

Metrolinx, the Ontario government agency charged with integrating the modes of transportation in the GTA and Hamilton areas, recently recommended its investment strategy to fund the improvements.

The revenue tools, as proposed, are bound to impact us all: a one percentage point increase to the HST; a five cent fuel and gas tax; business parking levy; increase in development charges; road tolls; and transit parking fees.

Bodies representing the home building industry have weighed in

with their views (see page 18), and the potential impact on homebuyers.

Indeed, no one relishes the thought of increasing costs.

Meanwhile, a recent survey from BMO Bank of Montreal shows that being close to public transit and having a short commute are among the top features people look for when buying a home.

Do you see the predicament?

Proximity and access to transit and amenities are critical for buyers and builders alike. New-home communities close to existing infrastructure – or committed expansions – are at an increasing premium. Prospective homebuyers should note this fact as they scout for their new home location.

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new condo guide

contributors

Vice-President, Wall2Wall Media

Jacqueline Hill Sales Manager

Conni Robinson Associate Publisher, SWO New Homes & Lifestyle Communities

Susan Maxwell Editor-in-Chief, National Real Estate

Susan Legge Art Director

Sarah Jang Editor

Wayne Karl Lydia McNutt (on leave) BILD Report

Legally Speaking

style file

Bryan Tuckey

Jayson Schwarz

Yanic Simard

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

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

Yanic Simard is New Condo Guide’s design editor and the principal designer of the Toronto Interior Design Group, specializing in residential and commercial projects. Simard has created designs for clients in Toronto, Montreal and Miami, and appears as a regular guest expert on Citytv’s CityLine.

Visit tidg.ca

Contributing Editors

Sara Duck Elisa Krovblit Design Editor

Yanic Simard Senior Account Executive

Dionne Fraser

dionne.fraser@wall2wallmedia.com

Senior Account Executive

Nina Downs

nina.downs@wall2wallmedia.com

Sales & Marketing Co-Ordinator

Terry Bassett Administrative Assistant

Antoinette Jackson Production Manager

Bala Gnanapandithan Production Co-Ordinator

Sandra Hanak-Vujnovic Graphic Designers

Caroline Wassef, Mike Terentiev, Sandra Hanak-Vujnovic National Account Manager, Mediative

Peter Kinch

Condo pro

Barbara Lawlor

Paul Slizys

Peter is founder of the Peter Kinch Mortgage Team and the PK-Approved group of Dominion Lending Centres mortgage brokers across Canada, and he is co-owner of Pacific Bridge Mortgage Investment Corp. Feel free to forward any questions directly to Peter at pkinch@ peterkinch.com

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

Published By

on the move

Mortgage Minute

Dan Hopkins is chief operating officer at Two Men and a Truck Canada.

For more information visit twomenandatruck.ca

Dan Hopkins

Wall2Wall Media is a Trademark of Yellow Pages Group Co. In Canada.

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Copyright 2013 All rights reserved by Wall2Wall Media.

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

Terms Advertisers, editorial content and new condo guide are not responsible for typographical errors, mistakes or ­misprints. All prices are correct as of press time and are subject to change without notice. E. & O. E. Editorial submissions from interested parties will be considered. Email to susan.legge@wall2wallmedia.com.

The views and data expressed by columnists do not necessarily represent those of the publication.

Advertising

money matters

Taxing Issues

quick tips

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

Follow Gail on Twitter at twitter.com/GailVazOxlade

Henry Choo Chong is a certified general accountant. Henry sits on many committees and provides accounting and tax advice to individuals and businesses in the GTA. Email your tax questions to Taxing Issues at choochonghcga@yahoo.ca

Hellen Buttigieg, CPO, is a certified professional organizer, life coach, TV host and owner of We Organize U. Visit her website, WeOrganizeU.com, for a free e-Book on how to find more time, energy and inner peace.

Contact Hellen at 905.829.2219 or info@WeOrganizeU.com

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Henry Choo Chong

Hellen Buttigieg

Please recycle this magazine! Wall2Wall Media participates in the Partners in Growth Reforestation Program through St. Joseph Communications. To date, Partners in Growth has planted over 2.5 million trees in parks, recreation and conservation areas, and other public spaces across Canada.

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bild report

Calling for

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

I

recently stood with a group of industry leaders and called on the provincial government to make changes to the Ontario Building Code that will allow woodframe construction of buildings up to six storeys, resulting in the creation of more safe and affordable homes across the GTA. Currently, the Code allows woodframe buildings to be constructed up to four storeys. As you go higher, midrise housing becomes more expensive because you have to use materials like concrete and steel.

“If the Ontario Building Code allowed for six-storey woodframe construction, costs would go down and options for new homebuyers would go up,” Leith Moore, president of the Ontario Home Builders’ Association and vice-president, Development at Sorbara Development Group, told the group.

010 new Condo Guide june 15 - 29, 2013

// By bryan tuckey

change to the building code At the press conference, we released a BILD-commissioned report by City of Toronto’s former Chief Planner, Paul Bedford, whose research found that there are strong planning and economic rationales for the changes.

The planning rationale stems from the need to build complete communities and revitalize existing neighbourhoods for the up to 100,000 people and 50,000 jobs that choose the GTA as their home every year.

“Midrise six storey wood structures present the opportunity to build out our Avenues in a way that is compatible with low density residential neighbourhoods and allows for an affordable new choice in the housing market. This is an essential initiative for our City,” said City of Toronto’s Chief Planner Jennifer Keesmaat, who joined us at the news conference with Chief Building Official Ann Borooah.

The changes we need here in Ontario are similar to those made in British Columbia in 2009 and there was an immediate impact on the local economy there. With BC as a case study, Ontario can expect job creation, increased tax revenue from the addition of new residences and more affordable options for new homebuyers.

BC had to overcome opposition to the change from the fire safety community, so we did a complementary report to investigate fire safety issues related to an increased use of combustible material in construction. The findings were clear: the number of fire incidents does not increase just because buildings have more combustible material.

“Woodframe buildings have to meet the same safety and building standards as those built using other materials and we all want residents to be safe and secure in their homes,” said Steven Street, technical director at Ontario Wood Works, Canadian Wood Council.

Through the upcoming review of the National Building Code, we have the opportunity to direct change in a positive way and we are calling on our partners in government to make changes to the Ontario Building Code that will bring additional safe and affordable homes to the GTA.

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011

table of contents

June 15 to 29, 2013 volume 17 issue 12

20

centro square condos

Subway expansion driving success at Liberty’s Centro Square 72

columns, news & features 002 Editor’s note Columnists

010 bild report Calling for change to the building code by bryan tuckey

014 taxing issues Capital expenditures and deductible expenses by henry choo chong

016 the mortgage minute Why real estate investing still makes sense by peter kinch

032 Condo pro Make a list – and check it twice!

124 scrumpdillyicious Grilled Asian five-spice chicken

044 legally speaking The law of good faith – or lack thereof

122 Money matters Unhappiness and the fear of not fitting in

056 fundamentally speaking Affordability improving for GTA condo sector

142 quick tips Put a value on your time

072 style file The tile file

018 ohba-bild Home building industry weighs in on Metrolinx plan

076 Make Your Move The Grandma Rule rules!

024 urbanation Toronto condo rental market strengthens

by barbara lawlor

by jayson schwarz

by wayne karl

by yanic simard

by dan hopkins

by Leslie styles

by gail vaz-oxlade

by hellen buttigieg

In The News

030 building code Industry calls for changes to the Ontario Building Code 038 raywal cabinets launches new showroom in Vaughan 042 Concord Adex hosts “Living Big in Small Spaces” seminar 050 Hines & Tridel announce launch of Aqualina at Bayside Toronto 052 45 Charles 45 Charles shows the magic of Chaz.Yorkville 054 mod developments FIVE Condos at 5 St. Joseph more attainable than ever

058 rbc RBC’s latest Housing Trends and Affordability Report 064 touchstone on Lake Muskoka a touch of heaven for one couple 090 Amacon breaks ground at PSV and PSV2 at Parkside Village 106 gemterra Scarborough families flock to LOVE condos and towns 108 empire communities opens The HUB sales centre 112 lash group Toronto’s east end anxiously awaits ME Condos 118 pianosi development Perspective puts urban chic among the treetops 120 graywood dev.

Amazing opportunity to buy at Etobicoke’s Ocean Club 136 wycliffe homes Fairground Lofts now under construction in Woodbridge

condo profiles 46

62

Features

empire communities

088 10 minutes with...

Lindvest Properties’ Joseph Alberga

The Mark A remarkable new address for Markham

114 hot topic Yonge & Eglinton – a hub outside the central core

62

by anthony jong

tower Hill Development

Homebuyers’ Help

2221 Yonge Where the past inspires and the future beckons

066 choosing a builder Making the right decision when choosing a builder 070 finances Family budgeting 101 078 designer tips Tips for entertaining al fresco

68

082 quick tips 5 ways to create a warmer, hospitable home

pinnacle

The Pinnacle on Adelaide Toronto’s entertainment district enhanced

092 hot topic Choosing the right paint colour easier than you think by laura stein

by jackie morra

128 condo watch 905 Previews, new releases and grand openings in the 905 area 145 Condo Buyers’ Resource Section You love the home, see what you can afford 150 Index of advertisers

lanterra developments

104

086 decor Tips to take your home from ho-hum to high style

126 decorating tips Small bathroom? Think outside the (tiled) box

68

Treviso II Perfect location paired with design excellence

by janette ewen

094 condo watch 416 Previews, new releases and grand openings in the 416 area

46

134 104 134

the daniels corporation

Hazelton Place Phase two at FirstHome community now on sale

taxing issues

// By henry choo chong

Capital expenditures & deductible expenses A

Real estate rental deductions are always contentious, and Canada Revenue Agency frowns on expenditures that should be capitalized as opposed to being expensed immediately. As an accountant who deals with real estate investors on a regular basis, I can tell you your concern is not isolated. The Income Tax Act does provide guidance with regards to capital items and current expenses.

Capital expenditures Generally, these are expenditures that will

Henry Choo Chong, CGA, sits on many committees and provides accounting and tax services to individuals and businesses in the GTA. He can be reached at 416.485.5225.

Questions to Taxing Issues can be emailed to choochonghcga@yahoo.ca

The opinions and views expressed herein are those of the author and not those of New Condo Guide. New Condo Guide does not necessarily endorse or encourage any specific tax strategies.

Please consult a tax professional for advice specific to your particular situation.

Q

I recently purchased a rental investment property.

Fortunately, the home was rented quickly. However, last summer because of several days of heavy rainfall, the roof leaked terribly and our ceilings were partially water damaged. I had to reshingle and replace almost half of the entire roof and repair the ceiling and floors. It also cost me more than $1,200 for a new fridge and stove. I have an individual who prepares my income taxes who has advised me that these are capital items and I could not deduct them for my income taxes. I find that ridiculous to be out of pocket that amount of money and I cannot deduct it. Sam, Toronto

014 new Condo Guide june 15 - 29, 2013

provide benefits and a useful life for several years – such as appliances, air conditioners and dishwashers. The Income Tax Act provides for Capital Cost Allowance (CCA) deduction for capital expenditures that can be expended over the useful life of the asset.

Deductible Expenses Generally, these expenditures may be deducted in the year they are incurred. They would include all expenditures directly related to the property such as property taxes, insurance, utilities, mortgage interest, advertising cost, legal cost, accounting fees, and repairs and maintenance.

It would appear your repairs were performed to maintain the property to its original condition and would therefore be considered a current expense.

However, the fridge and stove must be capitalized.

Investors should always have a good accountant who deals with real estate investments on a regular basis to ensure the right advice is given.

Q

I recently started my own small business, which is registered as a non-incorporated business. It earned approximately $34,000, less expenses. Additionally, I am employed full-time, as is my wife.

What is my final date and can I choose my own year-end for my company? Yves, Oakville

A

Congrats on joining the ranks of entrepreneurs. Many individuals talk about starting their own business but are reluctant to do so for various reasons. The primary obstacle is finances, followed by lack of knowledge about where to start.

Individuals who are strictly T4d – that is, employed full- or part-time – were to file their year’s personal tax return on or before April 30 of the following year. Self-employed (including non-incorporated businesses) taxpayers and their spouse had to June 15 to file their tax return for the previous year. However, any income taxes owing would have to be remitted on or before April 30 of the filing year.

Therefore, you should have your tax returns prepared before the end of April to avoid any interest penalties.

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june 15 - 29, 2013 new Condo Guide 015

the mortgage minute

// by peter kinch

Why real estate investing

still makes sense

reasons why you may want to consider real estate as your investment vehicle of choice, along with one caution: 1 The power of leverage

Peter Kinch is an award-winning mortgage broker and best-selling author of The Canadian Real Estate Action Plan Visit peterkinch.com or contact him at peter@peterkinch.com

A

t various times during the year, people analyze finances, plan for the future and wonder where you can get the best return on your money. At tax season, for example, you’re inundated with multiple mutual fund companies promoting the tax advantages of parking your RSP money with them. You’ll wonder about the stock market and the ongoing global issues. You’ll start to look at hard assets such as gold or precious medals. And, of course, you’ll look at real estate. The hard question is, which vehicle will produce the best results? My answer to this question will always be the same: the action is dictated by the goal.

First and foremost, it is important to understand that all of the above options are simply vehicles designed to accomplish an end result. The first step is to determine what that desired end result is, and then ask yourself, which vehicle will move me closer to that goal? You may have a variety of arguments or reasons to choose one vehicle over another, but here are four

016 new Condo Guide june 15 - 29, 2013

Leverage is a tool that can work for you or against you, but there is no denying the fact that it is a very powerful tool. Let’s take the example of two investors sitting on $100,000 cash. ›› One investor chooses to put their capital into either the stock market or precious metals. If they spend $100,000 – they receive in return $100,000 in either stock or a precious metal asset. If their investment were to increase (perform) at a rate of 20 per cent over the course of a year (although I don’t presently know of any funds offering that return) their investment of $100,000 would produce a $20,000 return. ›› The other investor chooses to use her $100,000 cash as a 20-per-cent down payment and purchase a $500,000 property in an area that has good economic fundamentals and produces a positive cash flow every month. Let’s assume that this property increases by only five per cent over the course of the year. That would make the value of the property $525,000 – effectively a $25,000 increase in your asset value – not including the amount of debt reduction or positive cash flow over the course of the year.

On the surface, the first investor had an investment that outperformed our real estate investor by four times, but actually made less money due to the fact that it wasn’t leveraged.

That’s the power of leverage. The key is to understand that it can also go the other way – and that is the importance of having a long-term strategy and investing in areas with strong fundamentals and good cash flow.

2 Interest rates

Two keys to being able to develop a successful real estate portfolio are affordability and cash flow, and an underlying fundamental to both of those is the rate you pay for borrowing money.

The good news for Canadian investors in 2013 is that we still have low interest rates.

Due to the ongoing global credit issues, the Bank of Canada (BoC) has indicated its intent to keep rates low through 2013. But it is important to note that the BoC can only influence the prime lending rate – which is used to determine your variable rate mortgage.

It is important for consumers to remember that the fixed rates are governed by the bond market and that although the BoC has indicated it does not intend to increase the prime lending rate, that does not guarantee that long-term rates will not rise in the meantime. A return of money to the markets will cause a drop in bond pricing followed by an increase in the bond yield, which will result in an increase in long-term rates even if the BoC leaves prime unchanged.

A further threat to low interest rates is that even though we will not likely see a rise in prime, we have already seen the disappearance of the discount on

Two keys to being able to develop a successful real estate portfolio are affordability and cash flow, and an underlying fundamental to both of those is the rate you pay for borrowing money. variable-rate mortgages. Due to a lack of liquidity in the global markets, the cost of borrowing has increased for lenders. As such, variable-rate mortgages are less profitable and they have cut back on the discounts they offer. The net result for borrowers is that the amount you pay on a variable mortgage is not as attractive as it was a year ago.

Having said that, we need to be very clear that even without a discount, a prime lending rate at or about three per cent is ridiculously cheap and allows for great investment opportunities. There are multiple opportunities within the Canadian marketplace that can create positive cash flow as long as the interest rates are below four per cent and you can easily get a five-year term today well below four per cent, so the ability to get a cash-flowing property and lock that in for five years will be as good in 2013 as it’s ever been.

3 Seeking safe harbours

As the global financial markets continue going through more drama than a daytime television show, the fallout is consumer angst resulting in low consumer confidence.

When consumers lack confidence, they tend not to make big-ticket purchases.

Real estate is obviously one of those items and this alone could result in a slight drop in market values. However, it is the exact same angst and fear that drive consumers to seek out safe harbours in a storm, placing their money in areas perceived as protected from the roller-coaster that the stock market has become.

This is the reason we have seen records in the price of gold. Investors are speaking with their pocketbooks and saying loud and clear that they are losing confidence in the market and want a tangible asset that they can own and hold. What could be more tangible than real estate and if you were looking for a safe harbour in real estate, which country would you invest in?

Canada has been seen globally as one of the few countries to have survived the last global recession relatively unscathed. In fact, our banking system and domestic economy have become the envy of the world.

you need not worry about potential for values to fall or bubbles to burst.

The value of your property the day after you buy it is irrelevant until the day you go to sell it. If you are purchasing investment real estate with a long-term buy-and-hold philosophy, and you have purchased in an area that gives you positive cash flow, then you don’t need to worry about the hype in the headlines regarding property values. Just focus on letting your tenants pay off the mortgage over time and enjoy the cash flow when you have a free and clear asset.

So, as you look at your financial options for the year, ask yourself first and foremost: What results do I need from my investments, Then analyze your options in the context of your goals. If you choose real estate, simply stick to the fundamentals, take action while others worry over headlines, take advantage of low rates and use leverage wisely. Invest and don’t speculate, and both you and your children will be glad you did in the years to come. Happy investing!

4 Sound economic fundamentals

Regardless of where you buy real estate, you should make your purchase based on sound economic fundamentals. There is no such thing as a Canadian real estate market – it is regional. You can have solid fundamentals in one town, while another within 100 kilometres could have an economy based solely on exports to the U.S. I expect the U.S. to be hit harder by the fallout in Europe, but that will impact only regional Canadian economies that depend on trade with the U.S. Although we are still largely an export-dependent country, there are a lot of regional pockets that have a strong domestic economy and are expected to grow in spite of global issues. Look for strong GDP growth, followed by strong employment numbers which in turn brings a strong tenant base. A strong tenant base combined with low interest rates creates the opportunity for positive cash-flowing properties. And if the property flows cash in good times and in bad, june 15 - 29, 2013 new Condo Guide 017

in the news

Metrolinx Investment Strategy makes transit-oriented communities less affordable:

Home building industry

The Ontario Home Builders’ Association (OHBA)

and the Building Industry and Land Development Association (BILD) report that they are disappointed that the Metrolinx Big Move Investment Strategy will burden new-home buyers and new employers with additional charges.

The proposed revenue tools, which include an increase to development charges and an additional new one per cent HST, will erode affordability of new homes and new employment centres across the GTHA, the groups say.

“This Investment Strategy adds a host of new fees and charges that will end up making transit-oriented communities less affordable,” says Joe Vaccaro, COO of OHBA. “For example, for a new condo buyer in Markham, the Metrolinx Investment Strategy could add up to $8,000 in charges – a cost that is disproportionate to the $477 being projected

by Metrolinx.”

018 new Condo Guide june 15 - 29, 2013

“New-home buyers and new businesses are already doing their fair share,” adds Bryan Tuckey, president and CEO of BILD. “We estimate new-home buyers and new businesses paid more than $1 billion in development charges to municipalities in 2012 alone for the construction of growth-related infrastructure in the GTA.” Advocating on behalf of new-home buyers and business, the associations want the public to know that the report doesn’t recognize the impact of the proposed tools (including development charges, new HST, parking levies and land value capture) on new-home purchasers and new business owners. The province has created a growth plan, Places to Grow and a regional transportation plan, the Big Move, to promote transit-oriented communities, fight sprawl and congestion. BILD and OHBA believe the proposed new revenue tools today are counter-intuitive to the goals of both plans.

COMING SOON Nestled on the edge of High Park - Toronto’s largest urban park and just steps from the quaint shops and fine dining of Bloor West Village, The Daniels Corporation is excited to introduce

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The only new condominium within Toronto to offer innovative suites ranging from studio to two bedroom + den designs featuring superior finishes and unobstructed views of over 399 acres of vibrant parkland and beyond. Add to this 18,000 sq. ft. of indoor and outdoor private amenities, unlike any other in the city today, and you’ll quickly see that HighPark Condominiums is Where Modern Urban Meets Mother Nature.

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Exclusive Listing: CityLife Realty Ltd. Brokerage. Brokers Protected. Illustrations are artists concepts. Prices, specifications and programs are subject to change without notice.

E.&O.E. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without prior written permission of The Daniels Corporation, is strictly prohibited. *Conditions apply. See Sales Representatives for full details. june 15 - 29, 2013 new Condo Guide 019

cover story

next stop:

Centro square condos Subway expansion along Hwy. 7 driving success at Liberty’s Centro Square Condos Before setting out on a program to develop mixed-use condominium communities in the 905 just a decade ago, the Liberty Development team had just one thought in mind: to deliver places for people to live, work and play at locations served by efficient, sustainable public transit.

Fully committed to developing transit-related communities that offered the industry’s best residential and commercial real estate opportunities, Liberty pursued a vigorous program to source, secure and build mixed-use developments on existing (or anticipated) transit routes.

The result of this plan were several of the GTA’s most successful new condominium developments, each which corresponded to the expansion of publicly accessible transit routes along Sheppard Avenue (Metro Place Condos), Bathurst Street (Thornhill City Centre), Yonge Street (World on Yonge) and Hwy. 7 (Royal Gardens and Centro Square Condos).

“We have always believed in the premise that ‘we should give buyers a choice to reduce their auto dependence,’ in relation to transit infrastructure development,” says Liberty Development’s Senior Vice-President and General Counsel, Marco Filice. “And while great design, integrated commercial uses, amazing amenities and affordable pricing, are among our hallmarks, our condominium communities have excelled in today’s market, thanks in large part, to their proximity to rapid public transit.”

Liberty’s latest mixed-use, transit-oriented condominium community is called Centro Square Condos, at the entrance of the Vaughan Metropolitan Centre, at Hwy. 7 and Weston Road.

020

After well selling the community’s first phase shortly after its launch late last year, Liberty is now previewing Phase 2.

Featuring two elegant residential towers (at 33 and 31 levels), the Centro Square community will include more than 250,000 sq. ft. of office and retail space and an expansive green roof park, all served by VIVA and an expanded new subway line on Hwy. 7.

Offering residents the freedom to choose how often they use their vehicle, or to not to use one at all, ongoing roadway improvements to Hwy. 7 and the addition of both subway and bus rapid transit service along Hwy. 7, linking the Vaughan Metropolitan Centre with Richmond Hill and Markham town centres, is causing many urban thinkers to refer to Hwy. 7 as “the GTA’s new Yonge Street.”

Among proponents for the redevelopment of Hwy. 7 and the addition of a subway line, is Liberty’s Marco Filice, who believes that the ongoing transit improvements and continued urbanization of the area, is creating a unique opportunity in the heart of the 905.

“In the heart of Vaughan, the urban enhancements to the area are creating a distinctively urban environment. At Centro Square, we are offering buyers a downtown feel, without downtown prices.”

Prices at Centro Square Condos Phase 2 will start in the mid $200,000s, and the tower will boast 333 suites,

including one bedroom, one-bedroom with den, two-bedroom, two-bedroom with den and penthouse plans, from 450 to 1,140 sq. ft.

Designed by Kirkor Architects and featuring interiors by the award-winning Hefele Makowka Design Associates team, suites at Centro Square will feature nine-ft. ceilings, laminate flooring in the living/ dining room, den, foyer and kitchen and choice of laminate flooring, broadloom or sisal with foam underpad in the bedrooms.

Stylish kitchens include gleaming stainless steel appliances and marble or granite countertop with undermount sink and ceramic tile backsplash.

Bathrooms will have ceramic tile flooring and acrylic soaker tub with ceramic tile surround. Each suite will have a washer/dryer.

A full roster of amenities, located in the first tower and shared with the second, include a media room, multi-function room and party room. Fitness facilities include a yoga room, exercise room, swimming pool with whirlpool, sauna and a golf simulator.

With numerous industry awards to their credit for urban planning and urban design, Liberty has built thousands of condominium units in the 905 over the last 10 years. With each new project the developer launches they challenge the market and themselves by raising the standard of design in the GTA, while delivering mixed-use communities defined by their access to higher order public transit.

Centro Square Condos Phase 2 is now previewing.

Please visit centrosquarecondos.ca or visit our sales office for your opportunity to live at the Centro of it all.

The Centro Square Condos sales office at 7777 Weston Rd., Woodbridge is open from noon to 7 p.m. Monday to Thursday, closed Friday and open on Saturday and Sunday from noon to 6 p.m.

For more information, please call 905.851.8877 or email info@centrosquarecondos.ca

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U Bask in a spectacular array of amenities including, the cabana sundeck with lakeview infinity pool.

U Breeze downtown. Cycle, jog or stroll the Lakeshore Boardwalk.

U Savour the sights, sounds and tastes of neighbourhood restaurants, cafes and clubs.

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Prices, sizes and specifications are subject to change without notice. Exclusive Broker: MarketVision Real Estate Corporation.

Brokers protected. E. & O. E. Illustrations are artist’s impressions.

022 new Condo Guide june 15 - 29, 2013

Parliament St.

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june 15 - 29, 2013 new Condo Guide 023

in the news

TORONTO CONDO RENTAL MARKET STRENGTHENS

Growth in leases and rents picks up speed in the first quarter

The Toronto condo rental market continues to pick up

steam, according to the Q1-2013 rental market results from Urbanation Inc., a source of information and analysis on the Toronto condominium market, A total of 3,919 condominium apartments were leased in Q1-2013 on the MLS system, up by 31 per cent from a year ago.

Growth in rental transactions continued to outpace growth in rental listings, pushing average index rents higher by 4.4 per cent from last year to a record $1,856 per month or $2.33 per square foot.

024 new Condo Guide june 15 - 29, 2013

Over the past two years, rents have risen by more than 10 per cent, equal to an additional $170 per month or 23 cents psf on average.

“Demand for renting condos has heated up with less first-time buyers.

Rental transactions have exceeded resale volumes in the condo market since mid-2012, when the latest round of mortgage rule changes came into effect,” says Shaun Hildebrand, Urbanation’s senior vice-president.”

Units listed for rent on the MLS system in the first quarter grew by 19 per cent from last year. Out of the 4,859 units that registered in Q1-2013 (the second highest quarterly total of the past four years), 13 per cent were rented out in the quarter, compared to less than two per cent that were resold.

“Investors are increasingly choosing to hold their units rather than flip them for sale.

For the first time in a while, rents are rising faster than prices,” adds Hildebrand.

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Prices and specifications are subject to change without notice. Illustration is artist concept. E. & O.E.

june 15 - 29, 2013 new Condo Guide 025

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Illustrations are artist’s concept only. LRT Source: The City of Toronto Official Plan and the Agincourt Secondary Plan, a future bus and LRT station or other transit related uses are proposed for this location. E. & O.E June 2013

Now Under Construction Condominium Residences at Bloor and Avenue Road, across from the ROM

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Additionally, there is above ground parking, a 24/7 concierge and a host of amenities such as an Entertainment Floor, Rooftop Oasis and Fitness Gallery.

Please contact May Sheardown or Mo Safari at Presentation Lounge 162 Cumberland St. - info@exhibitresidences.com or 416-967-7778.

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027 new Condo Guide june 15 - 29, 2013

Prices and speciďŹ cations are subject to change without notice. E. & O.E.

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in the news

Industry calls for changes to Ontario Building Code that will result in safe,

affordable homes for GTA residents An extensive report advocating for an Ontario

change that will result in the construction of safe, affordable homes for residents across the GTA was released recently by the Building Industry and Land Development Association (BILD), the Residential Construction Council of Ontario (RESCON) and the Canadian Wood Council.

“It’s good urban planning, it’s safe and it’s good for future homebuyers in the GTA and across Ontario,” says Bryan Tuckey, BILD president and CEO. “We’re calling on the Ontario government to change the Code to allow for six-storey woodframe construction to help unlock the immense potential in neighbourhoods that have underutilized land on major avenues and corridors.

“Our report shows that these lands are often well-served by existing infrastructure and transit, and midrise buildings can help to meet the demand of the increasing population of our region, offering a variety of sizes and design features for people of all ages.”

Currently, the Ontario Building Code limits woodframe construction to four storeys. The building industry is advocating for a change to the Code to allow for up to six-storey woodframe construction, which will result in the affordable construction of midrise buildings.

“Building midrise housing becomes more expensive when you go above four storeys because you have to use materials like concrete and steel,” says Leith Moore, president of the Ontario Home Builders’ Association and vice-president, development, at Sorbara Development Group.

“If the Ontario Building Code allowed for six-storey woodframe construction, costs would go down and options for new homebuyers would go up.”

Strong planning and economic rationales are outlined Building Code

030 new Condo Guide june 15 - 29, 2013

in the report, Unlocking the Potential for Mid-Rise Buildings: Six Storey Wood Structures, commissioned by BILD and authored by former City of Toronto Chief Planner Paul Bedford.

In addition, BILD and the Residential Construction Council of Ontario (RESCON) commissioned a complementary report, Midrise Combustible Construction in Ontario – Building Code Issues, to investigate fire safety issues related to an increased use of combustible material in construction.

“The number of fire incidents does not increase just because buildings have more combustible material. Our study found that data collected by the National Fire Incident Reporting System doesn’t show that fire incidents are related to the type of construction, rather to the use and occupancy of the building,” says Richard Lyall, president of RESCON. “As well, the National Fire Code and regulations in Ontario’s Occupational Health and Safety Act contain many provisions for construction projects that address potential fire hazards and provide solutions to reduce risks.

Woodframe buildings have to meet the same standards as those built using other materials,” adds Marianne Berube, executive director, Ontario Wood Works, Canadian Wood Council.

The changes to the Ontario Building Code would be similar to changes made to the British Columbia Building Code in 2009, which had an immediate impact on the local economy. With BC as a case study, Ontario can expect increased job creation, increased tax revenue from the addition of new residences, more affordable options for new homebuyers and a minimized carbon footprint in the construction of these buildings.

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june 15 - 29, 2013 new Condo Guide 031

condo pro

Make a list … and

// by barbara lawlor

check it twice!

B

Barbara Lawlor is president of Baker Real Estate Inc. and an in-demand columnist and speaker. A member of the Baker team since 1993, she oversees the marketing and sales of condominium developments in the GTA and overseas. Keep current with The Baker Blog at blog.bakerrealestate.com

032 new Condo Guide june 15 - 29, 2013

uying a new home is one of the most exciting steps you can take in your life. It’s also one of the biggest financial investments you will ever make, so choosing wisely is important.

There’s so much to consider, from location right down to your kitchen counters, and of course, there are many condominiums on the market offering phenomenal choices.

A great way to narrow down your search is to make a list – or in the case of savvy computer users, a spreadsheet – that includes the items you really have to have, and those that would be nice, but are negotiable. Then, compare apples and apples to get the most for your condominium dollar!

Start with the big picture. Where do you want to live? Under your “location” column, note how far buildings are from your work, your family and the places you go regularly, such as sports venues, club meeting halls and places of worship. Keep in mind that the distance from point A to point B on a map is only part of the picture. It’s a good idea to actually do the drive to these spots and find out how much time it takes with road twists and turns, traffic and the like. If the condo is close to public transportation, you will save a lot of money on gas mileage and wear and tear on your vehicle – and maybe you don’t need to own a car at all.

Keep an open mind, too. Buying in an established area is great, but it can also be wise to consider purchasing in an up-and-coming area where real estate values are likely to rise as the neighbourhood becomes more

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Buying in an established area is great, but it can also be wise to consider purchasing in an up-and-coming area where real estate values are likely to rise as the neighbourhood becomes more established – it’s a great way to gain equity. established – it’s a great way to gain equity.

You’ll also want to consider the exterior of the condominiums you look at. Are they part of a master-planned community that encompasses parks, landscaping, courtyards and retail venues? Or are you looking for something on the lake? Does the exterior architecture appeal to you?

Figure out a rating system and jot notes on your list accordingly. If you have a taste for the modern, you will probably be happiest coming home to a sleek condo with clean lines.

Don’t forget about the amenities. Today’s common areas are uncommonly beautiful, and you should think of them as an extension of your living space. Your list could include a pool, fitness room, party room, games room, guest suite, theatre room, rooftop garden, virtual golf and any other amenity you come across. Having these spaces in the building enables you to entertain a crowd, barbecue or play pool with friends, hold a Grey Cup party for the gang and host overnight visitors, regardless of how compact your suite may be. Remember that even if you think you may not use a specific amenity, these can all add to the resale value of your suite if and when you move in the future.

Next on your list should be features and finishes, and here’s where you need to watch comparing apples and oranges. Your brochure package should have a Schedule A of appointments. Study it carefully. For example, most condos offer hardwood in the main living area, granite kitchen

countertops and stainless steel appliances with the purchase price.

Those that don’t may carry a lower price tag, but if these items are on your must-have list, then you’ll have to pay to upgrade.

Nowadays you’ll find incentives galore. Again, look at the big picture. Receiving free upgrades with your purchase price may be just the thing that tips the scale toward one condo over another.

Remember, every piece of real estate you buy is an investment, whether you live in it or not. When you shop, compare fairly, and the best way to do that is to make a list, and check it twice. You’re sure to end up with something nice!

june 15 - 29, 2013 new Condo Guide 033

NOW PREVIEWING PHASE 2 NOW PREVIEWING!

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034 new Condo Guide june 15 - 29, 2013

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All illustrations are artist’s concept only. ©2013 Liberty Development Corporation.

All rights reserved. Brokers Protected.

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THE GRAND FINALE AT THORNHILL CITY CENTRE

Every great story deserves a grand finale. Introducing Legacy Park, the final chapter of Thornhill City Centre. Iconic architecture, modern urban suite designs and fabulous park views — Legacy Park is your final opportunity to live in this landmark community in the heart of Thornhill.

All illustrations are artist’s concept only. ©2013 Liberty Development Corporation.

All rights reserved. Brokers Protected.

BATHURST & CENTRE STREET june 15 - 29, 2013 new Condo Guide 035

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www.MyLibertyCondo.ca/1Mortgage *As per price list. Limited time offer. Offer based on a select number of units. Price, information and program subject to change without notice. For qualified buyers on approved credit. All renderings are artistâ&#x20AC;&#x2122;s concept. Prices, specifications and availability subject to change without notice. E&O.E. Brokers protected.

See Sales Representative for details. june 15 - 29, 2013 new Condo Guide 037

in the news

RAYWAL CABINETS LAUNCHES NEW SHOWROOM IN VAUGHAN with grand opening celebration

Raywal Cabinets is celebrating another milestone in

the company’s proud 59-year history, with the grand opening of a spectacular 4,000-sq.-ft. showroom conveniently located in Vaughan.

On Thursday, May 30, the company hosted a private gathering for more than 200 new home industry customers, suppliers and guests who were invited to browse through the 14 featured kitchen and bath vignettes at the Village of Vaughan, 255 Bass Pro Mills Dr. Adding a touch of celebrity to the event were special guests Cambria Brand Advocate Mariel Hemingway and Top Chef Canada competitor Dennis Tay. “This grand opening of our Showroom is a significant milestone for our company, and we wanted to celebrate in style with our loyal housing industry customers and suppliers,” says Brian Magee, president of Raywal Cabinets. “We also invited prospective clients – new home builders, interior designers and renovators – to experience the quality and breadth of cabinetry Raywal is capable of offering.”

Over the past two years, the company has become vertically integrated in order to increase production capacity with new machinery and improved processes in its Thornhill plant, enabling the company to focus on delivering on time and on budget. Raywal has also recently adopted its new mission statement “Design

038 new Condo Guide june 15 - 29, 2013

Within Reach” to re-establish the company in the minds of the consumer as providing the excellent quality for which it is well known as well as offering top-notch design services, today’s most desirable cabinetry styles, finishes and accessories at a price the average consumer is comfortable with.

The new Raywal showroom offers a wonderful display of products from both the Raywal line and Axia by Raywal, including more than 30 door styles alone with numerous finishing combinations and an abundance of decorating ideas. Offering a range of finishes, moulding and accessories, clients can find the perfect choice, whether their tastes run to traditional, transitional or contemporary.

A leading Canadian cabinet manufacturer since 1954, Raywal is Canadian owned and is a member of the National Kitchen & Bath Association. This forwardthinking firm keeps current with evolving trends through that association, as well as through input from sheet material, paint and countertop suppliers, and feedback from customers. The result is that the company manufactures and installs thousands of kitchens each year.

Raywal’s clients receive personal account representation, from sales and design through to installation and services. New-home builder’s and renovators alike appreciate that Raywal has the best lead times in the business, at approximately five weeks, and ships complete so that new homes have a better chance of closing efficiently and on time. Raywall’s trained professionals install everything in its fully customized product line. Quality cabinetry and professional service keep this dynamic firm at the forefront of the industry.

The Raywal website features a slide show called Inspiration Gallery, which provides an excellent idea of what various cabinets look like in real environments. For those who prefer to visit in person, Raywal has several dealers across Southern Ontario, in Peterborough, Lindsay, Port Perry, Ajax, Cumberland Beach, Barrie, Niagara Falls, Ottawa, Stoney Creek, as well as the new Village of Vaughan Showroom location. For more information, visit raywal.com

S’ DANIEL

*

IN T HE A INMEN T EN T ER T T! DIS T R IC

AM IS R G O WN PR UE HOME O 2 T N Q LS’ RE MOST UNI TUNITY E I N A D TO’S IP OPPOR N O R O T RSH E N W O With the very be st location in th e hear t of the Entertainment D istrict, an authen tic connection to TIFF Bell Ligh tbox, incredible am enities, phenomenal suite designs AND Dan iels’ groundbreaking RENT2 OWN program – NOW is the time to put yourself at the intersection of Life, Camera, Action at CINEM A TOWER

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Exclusive Listing: CityLife Realty Ltd, Brokerage. Brokers Protected. *Daniels’ Rent-To-Own Program is only available on a select number of suites. Prices, specifications and programs are subject to change without notice. Illustrations are artist concept.

E. & O.E. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without written permission of The Daniels Corporation, is strictly prohibited.

june 15 - 29, 2013 new Condo Guide 039

040

041

IN THE NEWS

Living big in small spaces On May 30, Concord Adex hosted a “Living Big In Small Spaces” seminar at the Concord Park Place Presentation Centre. This seminar is part of the company’s Concord Living Series to enhance its residents living in the Concord communities. In this

042 new Condo Guide june 15 - 29, 2013

seminar, collaborating with IKEA, designers shared solutions, tips, and ideas on how to create welldesigned, functional living spaces that maximize condo living.

With over 120 guests attending, the event was a remarkable success.

The evening was filled with delicious food and drinks, great company and useful design tips.

For two decades, Concord has set innovative standards for grand-planned communities Canada wide, from Concord Pacific Place in Vancouver and Concord CityPlace in Toronto, to North York’s Concord Park Place and Calgary’s coveted new neighbourhood. With impeccable design crowned by state-of-the-art technology, Concord builds living dreams and lifetime investments.

For more information about the current phase at Concord Park Place, visit concordparkplace.ca or the Presentation Centre at 1001 Sheppard Ave. E. Hours are Monday to Friday, 11 a.m. to 7 p.m.; Saturday and Sunday, 11 a.m. to 6 p.m.

THE MASSEY TOWER IS HONOURED TO BE NAMED

2013 PROJECT OF THE YEAR

*

*By the Building Industry and Land Development Association

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ALSO WINNER FOR 2013 BEST HIGH RISE SALES OFFICE

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“THE MASSEY TOWER HAS BEEN THE TALK OF THE TOWN SINCE ITS LAUNCH.” BUZZBUZZHOME.COM

“A BEAUTIFUL BUILDING WITH MASTERFUL ARCHITECTURE…HAS THE POTENTIAL TO BECOME A LANDMARK” DESIGN REVIEW PANEL, CITY OF TORONTO 2013

BE A WINNER: FIND A PLACE IN THE SPOTLIGHT.

This year, find your new home at the centre of Toronto, on Yonge, across from the Eaton Centre. Live in a contemporary jewel that combines old and new, with a 60-storey modern tower atop a heritage base.

Enjoy easy access to every urban amenity you could ever want or need, and two TTC stations just outside your door. Two full floors of indoor and outdoor urban chic amenities.

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PRESENTATION CENTRE & FURNISHED MODEL SUITE Location: 197 Yonge Street Hours: Mon–Thurs: 12–6, Fri: Closed, Sat–Sun: 12–5.

EXCLUSIVE BROKER: MARKETVISION REAL ESTATE CORPORATION. BROKERS PROTECTED. PRICES AND SPECIFICATIONS SUBJECT TO CHANGE WITHOUT NOTICE. E. & O. E. CREATIVE: LA-ADS.COM

june 15 - 29, 2013 new Condo Guide 043

legally speaking

// by jayson schwarz

the law of good faith ( or the lack thereof) 04 Every Agreement should be reviewed by a lawyer who knows real estate before it is binding.

05 Only your lawyer has a legal, moral and ethical requirement to protect and put you first.

06 Every Agreement should be conditional on the lawyerâ&#x20AC;&#x2122;s review and the condition must be in writing; keep it that simple. Some Agreements have condition clauses that are all mumbo-jumbo and do not let you really change anything. Also, make sure sufficient time for review is allotted.

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

T

he Supreme Court of Canada has said that good faith is not a requirement by either side in the negotiation of a contract.

They went on to say that once the contract is signed there is an obligation to perform in good faith. What does this mean to you, the homebuyer?

01 The most important thing to remember is that if it is not in writing, in the Agreement of Purchase and Sale, it is not binding on either side.

02 It does not matter what the agent says or promises (see 1 above).

03 It does not matter what is written in the brochure or advertised at the sales office (see 1 above).

044 new Condo Guide june 15 - 29, 2013

The most important thing to remember is that if it is not in writing, in the Agreement of Purchase and Sale, it is not binding on either side The Agreement is signed, reviewed, amended and ready. Now what? The parties must thereafter act in good faith to complete the contract in accordance with the terms of the Agreement.

Remember, most builders and their salespeople are honest individuals who want to deliver a quality product. Just be careful not to bite into the bad apple in the bunch.

Happy home hunting!

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june 15 - 29, 2013 new Condo Guide 045

condo profile

The Mark:

A remarkable new address for Markham Empire Communities offering special springtime deal on one-bedroom suites

046 new Condo Guide june 15 - 29, 2013

t

he Mark, a remarkable new address for Markham and the most highly anticipated boutique condominium project of the spring, is now open to the public.

Developed by Empire Communities and Pace Developments, this architecturally inspired 18-storey highrise – located at 9560 Markham Rd., near Bur Oak Ave. – has 220 spectacular suites that range from 521 to 858 sq. ft. Prices start from an affordable mid $200,000s.

To celebrate spring, The Mark is offering a special deal featuring The Mark’s suite of the month, The Chrome. Purchasers of this elegant 648-sq.-ft., one-bedroom, plus study, plus den unit will receive $10,000 cash back and one year free from maintenance and taxes.

“This deal is perfectly suited for first-time buyers,” notes Empire’s executive vice-president Paul Golini.

“This represents a tremendous opportunity to live in a vibrant and

diverse community, and in a building that boasts spectacular design, appealing amenities and a prime location.”

Designed by Kohn Partnership Architects, The Mark will be a captivating addition to the Markham skyline, an elegant tower that blends contemporary form with classic, deco-inspired elements to create a timeless appearance. The building’s stepped-down design yields airy rooftop terraces and spacious balconies.

Suites at The Mark offer an aesthetic of modern mixed with retro-chic, with nine-ft. ceilings and laminate engineered flooring. Layouts are comfortable and inviting, spaces that can be dressed up or down to suit personal tastes.

Kitchens boast custom-designed cabinetry, stainless steel appliances, and polished granite countertops with staggered glass-tile backsplash.

Bathrooms have custom-designed vanities with cultured marble countertops and deep soaker tub and/or framed glass shower depending upon the suite design.

Those arriving at The Mark will be awed by its double-height lobby, complete with a dramatic water feature and stylish furniture selection that hints at the smart design on display throughout the building.

The Mark will have an ample array of amenities, starting with an entertainment room that has a games area, flat screen TV, lounge seating and billiards table.

Entertaining continues on a rooftop terrace equipped with barbecues, lounge seating and dining area and an open air tai chi area on the outdoor terrace. Those seeking warmth and ambiance can retire to the The Mark’s expansive fireside lounge.

For residents looking to recharge, The Mark’s state of the art fitness centre has professional cardio and weight-training equipment. And when it’s time to get down to business, there’s a spacious conference room.

The Mark is located close to Markham city centre and all this rapidly growing metropolis has to offer, including reputable schools, sumptuous restaurants and grade-A shopping, not to mention world renowned golf clubs, art galleries and museums.

Despite its tremendous growth, Markham retains a small-town charm, and residents at The Mark will experience the best of both worlds with nearby parkland, ponds and trails, as well as sports fields and a community centre.

“Living at The Mark means being close to everything that makes life so remarkable,” Golini says. “Purchasers here are taking full advantage of the chance to be a part of this exciting lifestyle.” june 15 - 29, 2013 new Condo Guide 047

Move In This Year.

An award-winning community.

One Sherway. Many Reasons.

One Sherway is lifestyle living without the high-end price tag. Offering you a chance to indulge in all that surrounds you and experience life on a grander scale.

1 Bedroom, 553 sq.ft., Starting from $261,990 2 Bedroom, 805 sq.ft., Starting from $335,990 Parking included

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a est M The W

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IN THE NEWS

Hines and Tridel announce anticipated launch of AQUALINA AT BAYSIDE TORONTO New condominium part of $1.1B mixed-use development located on the waterfront in downtown Toronto

ABOVE (Left to right)

John Campbell, president and CEO, Waterfront Toronto; Avi Tesciuba, vice-president, Hines; Leo DelZotto, president, Tridel.

Tridel, one of Canada’s leading condominium developers, and international real estate firm Hines, have released details of their new condominium development called Aqualina at Bayside Toronto, the first residential phase of a 13-acre mixed use development called Bayside Toronto. Valued at more than $1.1 billion, Bayside will be the first neighbourhood in downtown Toronto to feature two million sq. ft. of residential, commercial and cultural uses, all on the water’s edge.

“Hines’ master-planned approach to the neighbourhoodand the lifestyle amenities and opportunities they envision for the site- make this not only an incomparable condominium project for Tridel, but for the city,” says Tridel president Leo DelZotto.

Designed by world renowned architects, Arquitectonica, the

050 new Condo Guide june 15 - 29, 2013

363-suite condominium will spearhead Hines’ ambitious plan to develop Bayside Toronto into the premier neighbourhood on Toronto’s downtown waterfront.

“Aqualina will offer purchasers iconic architecture, distinctive interiors, desirable amenities and an unparalleled waterfront location,” says Jim Ritchie, Tridel’s senior vice-president of sales and marketing.

“As the only Waterfront Toronto site adjacent to the lake, in East Bayfront, this site offers condominium purchasers a tremendous value distinction. There are few condominium locations which offer this intimate a connection with Lake Ontario, and fewer still that are as fully integrated into the development of the surrounding area as Aqualina at Bayside Toronto.”

The largest private sector development to date as part of Waterfront Toronto’s mandate to revitalize the city’s lakefront areas, Hines’ plan for the site includes the creation of more than two million sq. ft. of commercial, retail, cultural and residential development.

“Hines was selected by Waterfront Toronto in 2010 to transform the site into a dynamic yet sustainable mixed-use development, and to make it Toronto’s foremost waterfront neighbourhood. We see today’s announcement as a major step toward making Bayside Toronto a reality,” says Avi Tesciuba, managing director, Hines Canada.

“Bayside Toronto is an integral part of our overall revitalization efforts in East Bayfront which is fast becoming a vibrant new community defined by extraordinary design, award-winning parks and public spaces, sustainable development and leading edge telecommunications infrastructure,” says John Campbell, president and CEO of Waterfront Toronto.

Aqualina at Bayside is a result of the creative vision of the New York office of Arquitectonica, an awardwinning architectural firm based in Miami. The project is being led by the firm’s partner Bernardo Fort-Brescia, who is bringing an innovative and distinctive geometric approach to the exterior design of the 13-storey condominium.

Aqualina will be defined by a series of distinctive prismatic cubes made of glass and steel, featuring facades accented by angled fenestration and balcony designs intended to maximize views of the Toronto cityscape and lake.

The condominium’s interior public spaces and amenity areas will be designed by award-winning Canadian firm, II BY IV Design Associates.

Landscape design for the condominium will be led by West 8 + DTAH, the award-winning team also responsible for the design of East Bayfront’s public realm including the streetscapes, water’s edge promenade and boardwalk.

West 8 + DTAH is also leading the design for the revitalization of Queens Quay, which includes a new south side promenade, off-street Martin

Goodman Trail and integrates the proposed Light Rail Transit line through the community.

Aqualina Bayside will contain 363 condominium suites, ranging from one- to three-bedroom residences, designed with families in mind. Suite sizes will range from 560 sq. ft. to slightly more than 2,100 sq. ft.

Among the distinctive features of Bayside, is what is likely to be the fastest residential Internet service in the city. Delivered by Beanfield Condoconnect’s ultra-high speed broadband fibre-optic network, users will enjoy wireless speeds up to 100 megabits a second.

Aqualina at Bayside will pursue a LEED Platinum designation and will be part of Toronto’s first LEED-ND Gold neighbourhood.

Tridel, which was selected as the exclusive residential partner by master developer Hines, has established a reputation as Canada’s leading environmentally sensitive, green residential developer earning several industry awards and distinctions for its Built Green, Built for Life, approach, including being named BILD’s Green Builder of the Year in five of the past seven years.

This commitment to sustainable development is shared by Hines, which was among the earliest supporters of the LEED program in North America, having developed more than 102 million sq. ft. of LEED certified, pre-certified and registered properties in six countries. june 15 - 29, 2013 new Condo Guide 051

IN THE NEWS

45 Charles shows the magic of

Chaz.Yorkville

than usual on Yorkville Avenue recently when performer Ray Chance entertained area pedestrians at Chaz.

Yorkville’s Presentation Centre. His slight of hand illusions and magic tricks impressed and intrigued everyone. When people went into the sales office, they were equally entertained and awed by the building’s stunning architecture and the tremendous value for that most soughtafter neighbourhood.

There was even more magic

Ask about the limited time incentive program, including five per cent down (for qualified purchasers) and up to $24,000 cash back on closing!

052 new Condo Guide june 15 - 29, 2013

Chaz.Yorkville, by developer 45 Charles Ltd., offers buyers an affordable option with all the luxury you expect from a Yorkville address, starting in the low $300’s.

Ask about the limited time incentive program including five per cent down (for qualified purchasers) and up to $24,000 cash back on closing!

Visit the Presentation Centre at 101 Yorkville Ave. from noon to 6 p.m. Monday to Thursday, 2 to 6 p.m. Friday, noon to 8 p.m.

Saturday, and noon to 6 p.m.

Sunday. Call 416.922.0045 or visit chazyorkville.com

........................................... 28 S.F. 746 S.F.

05 11 03 12

02

01

15

UNIT No. 3309 & 3509

07

BALCONY 5â&#x20AC;&#x2122;6â&#x20AC;? x 5â&#x20AC;&#x2122;2â&#x20AC;?

06

09 10

08

05 11 03 12

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SOME THINGS ARENâ&#x20AC;&#x2122;T MEANT TO BE SHARED.

LIVING 12â&#x20AC;&#x2122;5â&#x20AC;? x 13â&#x20AC;&#x2122;1â&#x20AC;?

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01

15

UNIT No. 2809 to 3209

MW

BEDROOM 9â&#x20AC;&#x2122;11â&#x20AC;? x 10â&#x20AC;&#x2122;0â&#x20AC;?

KITCHEN/DINING 9â&#x20AC;&#x2122;0â&#x20AC;? x 13â&#x20AC;&#x2122;1â&#x20AC;?

1 BED + DEN DW

HIS + HERS, 2 FULL BATHS

07

09

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06

10

08

05 11 03

BATH

PRIVACY + LUXURY

Wow, itâ&#x20AC;&#x2122;s incredible! The innovative Tonik Suite comes with a versatile, spacious, secluded Den with a full bath that you can use any which way YOU WANT 0LUS WITH LIGHTNING FAST Ă&#x17E; BER OPTIC internet from Rogers, 24-hour Concierge, great city views and inspired lifestyle amenities, life at CHAZ Yorkville is rich in possibilities.

01

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UNIT No. 1709 to 2109

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FOYER

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12

02

06

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08

05

DEN 8â&#x20AC;&#x2122;8â&#x20AC;? x 7â&#x20AC;&#x2122;0â&#x20AC;?

11 03

02

BATH

TONIK SUITE 746 SQ FT

$18,000

CLOSING CREDIT

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VISIT OUR SALES CENTRE WWW.CHAZYORKVILLE.COM 416.922.0045

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SALES CENTRE LOCATED AT 101 YORKVILLE AVE. SITE LOCATED AT 45 CHARLES ST. EAST MON. â&#x20AC;&#x201C; THURS.: 12PM â&#x20AC;&#x201C; 6PM, FRI.: 2PM â&#x20AC;&#x201C; 6PM, SAT.: 12PM â&#x20AC;&#x201C; 8PM, SUN.: 12PM â&#x20AC;&#x201C; 6PM, STATUTORY HOLIDAYS: OPEN Exclusive Broker Baker Real Estate Inc. Brokers Protected. *Limited time offer. *Applies to Harmony/Tonik suite only. Prices and specifications are subject to change without notice. Illustrations are artist concept. E&O.E.

IN THE NEWS

YOUR PIECE OF HISTORY IS NOW MORE ATTAINABLE THAN EVER

FIVE Condos at 5 St. Joseph helps make ownership possible – but only for a limited time FIVE Condos at 5 St. Joseph is notable for many things – an unbeatable central location at Yonge south of Bloor; the inclusion of heritage facades that make it Toronto’s biggest and most prestigious restoration project ever; inimitable design by some of the city’s most illustrious firms including Hariri Pontarini Architects, restoration specialists ERA Architects and interior design visionaries Cecconi Simone; and 10,000 sq. ft. of the most lifeenhancing amenities imaginable.

Now, there’s another, very personal reason to take note of FIVE – for a limited time only, you can buy your residence with just a five per cent initial deposit, and another five per cent in 90 days.

And not another penny until closing. This is a rare opportunity, when most new condominiums require 15 per cent at an absolute minimum. A capped mortgage rate with a Schedule 1 bank is available too, which buys even more: peace of mind. No guesswork, and no worrying about what might happen down the road. That this opportunity also buys you the unique heritage of this building and everything it has to offer makes it too good to ignore.

The amenities alone are staggering: piano bar, dining room, 054 new Condo Guide june 15 - 29, 2013

billiards room, cocktail lounge with kitchen, TV lounge, party room, spa-like club rooms for men and women complete with wet and dry steams adjacent to the cardio and weight-training studios, plus 6,000 sq. ft. of outdoor roof garden with water feature, outdoor dining and barbecue areas – and that’s just the fifth floor. A staff club director and 24/7 concierge are on hand to help you make the most of it all. Suite appointments are lavish, including engineered hardwood floors and cabinets custom designed by Cecconi Simone, with floorplans that maximize space and flow beautifully.

Tower suites and Heritage Lofts with their own historic Yonge Street façade start at $269,900. This future icon by Graywood and MOD Developments is already well under construction – visit the sales centre at the corner of Yonge and St. Joseph Street, call 416.928.0555 or visit fivecondos.com

// LIVE AT THE INTERSECTION OF

CITY AND STYLE. //

// ...WHEN YOU LIVE AT FIVE, YOU LIVE THE REAL CITY LIFE. SHOP. EAT. DRINK. PARTY. WORK. ALL IN YOUR NEW PLAYGROUND, SOUTH OF CHIC, NORTH OF TRENDY, AND NOT FOR THE FAINT OF HEART. DISCOVER AN ELECTRIC NEIGHBOURHOOD FOR THE CITY-LOVER, 10,000 SQUARE FEET OF AMENITIES FOR THE LEISURE-LOVER, AND A DARING SKYSCRAPER ATOP A HERITAGE BASE FOR THE DESIGN-LOVER. IS FIVE THE BEST OF BOTH WORLDS? NO, IT’S THE BEST OF ALL WORLDS. VISIT US TODAY AND DISCOVER THEM ALL. //

NOW UNDER CONSTRUCTION. STARTING FROM THE MID $200’S

FIVECONDOS.COM 416.928.0555 PRESENTATION CENTRE LOCATED AT THE CORNER OF YONGE & ST. JOSEPH. MON–THURS 12–6PM SAT–SUN 12–5PM CLOSED FRIDAYS

A PROJECT DEVELOPED BY GRAYWOOD DEVELOPMENTS LTD. & MOD DEVELOPMENTS INC. EXCLUSIVE LISTING BROKERAGE BAKER REAL ESTATE INCORPORATED. BROKERS PROTECTED. PRICES AND SPECIFICATIONS SUBJECT TO CHANGE WITHOUT NOTICE. E. & O. E. ILLUSTRATION IS ARTIST’S IMPRESSION. CREATIVE: LA-ADS.COM

fundamentally speaking

// by wayne karl

Homeownership affordability

improving for condos

A Wayne Karl is an award-winning writer and editor with experience in real estate and business. In Fundamentally Speaking, Wayne explores the basics – such as economic fundamentals – you need to examine when buying property. He can be reached at wayne. karl@wall2wallmedia.com or follow him on Twitter at Twitter.com/WayneKarl

mid all the recent talk of weakening market conditions, high levels of household debt and economic uncertainty, comes some good news for the condo market in Toronto, courtesy of RBC Economics Research. Canada’s housing affordability was generally in a holding pattern in the first quarter of 2013, thanks primarily to mortgage rates, home prices and household incomes remaining at status quo, according to RBC’s latest Housing Trends and Affordability report.

“The Canadian housing market cooled significantly in the past year; however, there is mounting evidence that activity is no longer weakening,” says Craig Wright, senior vice-president and chief economist, RBC. “A significant nation-wide price correction does not appear to be imminent so long as affordability remains outside of the danger zone.”

Exceptionally low mortgage rates have been the chief factor in keeping homeownership costs relatively affordable, RBC says. The Bank of Canada again held its trend-setting bank rate at one per cent on May 29. RBC

The Canadian housing market cooled significantly in the past year; however, there is mounting evidence that activity is no longer weakening notes that when interest rates eventually rise, it will be because the Canadian economy is on stronger footing. Alongside this stronger economic environment will be heftier household income gains, which would work to offset any negative impact on affordability, RBC says.

The way RBC’s affordability measures work is, the higher the measure, the more difficult it is to afford a home. For example, an affordability measure of 50 per cent means that home ownership costs, including mortgage payments, utilities and property taxes take up 50 per cent of a typical household’s pre-tax income. A decline in the measure represents an improvement in affordability.

For the Ontario market, homeownership affordability deteriorated very slightly during the first quarter of 2013, in detached bungalows (to 43.5 per cent) and standard two-storey homes (to 49.5 per cent). In condos, on the other hand, affordability improved slightly, to 29.2 per cent.

For the Toronto market, specifically, condos was the only housing category to improve – down 0.5 per cent (meaning it became more affordable) to 33.5 per cent. Affordability deteriorated slightly in both detached bungalows (at 53.8 per cent) and two-storey homes (62.7 per cent).

056 new Condo Guide june 15 - 29, 2013

MOVE IN THIS YEAR!

Already under construction in the heart of Torontoâ&#x20AC;&#x2122;s downtown east, One Park Place is the newest addition to the internationally recognized and awardwinning Regent Park revitalization.

Close to incredible new amenities, restaurants, grocery shopping, the TTC and much more, you can be sure that One Park Place is the ONE new home for you.

SUITES FROM THE LOW

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416.955.0559

danielsoneparkplace.com

500 Dundas St. East, Toronto Mon-Thurs: 12pm - 6pm Sat, Sun & Holidays: 12pm - 5pm Fri: Closed

Exclusive Listing: CityLife Realty Ltd. Brokerage. Brokers Protected. Illustrations are artists concepts. Prices, programs 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. *Limited time offer. Conditions apply. See Sales Representatives for full details.

BECOME PART OF THE SUCCESS AT ONE PARK PLACE AND LIVE IN STYLE! With a strong attention to detail for how people live, phenomenal finishes and some of the best city views available in the downtown core, the range of floorplans offered at One Park Place can accommodate everyone, from firsttime buyers to move-up purchasers and empty-nesters in comfortable style.

YOU

BALCONY

The 691 sq. ft. one-bedroom Lavender design is a spectacular and popular example. Round the corner from the entry of this spacious open-concept layout, and notice the infusion of natural light from multiple windows.

In fact, for purchaser Nader Farhat, this was a major reason for choosing the Lavender design facing southwest as his new home. “I love the sheer number of windows I’ll have for natural light, and the views will be wonderful.”

IS

LIVING / DINING ROOM 12’2” x 12’1”

”

I love the sheer number of windows I’ll have for natural light, and the views will be wonderful.

”

- Nader Farhat PURCHASER OF THE LAVENDER SUITE ONE PARK PLACE

Taking open concept to a new level, the main for entertaining or simply kicking back after w those stunning city views. Daniels worked with designers Cecconi Simone to create a modern kitchen, equipped with top-of-the-line stainless Quartz countertops. An extended free-standing this space even more dynamic and flexible.

This awesome custom multiof storage space, additional c stainless steel tray to chill drin or keep paperwork. What ma functional is that it can be use

The Living / Dining Room offers ample space t best suites your lifestyle needs. Access to the possibility of container gardening in this outd located next to the luxurious Bathroom, and behind sliding doors at the Entry is incredibly

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YOUR SPECTACULAR PANORAMIC VIEW FROM THE LAVENDER SUITE

LAVENDER SOUTHWEST VIEW

ONE BEDROOM SUITE AREA: OUTDOOR AREA: TOTAL AREA:

LUXURIOUS KITCHENS & BATHS DESIGNED

BY CECCONI SIMONE

D/W

SLAND

BEDROOM 9’9” x 9’10” KITCHEN

BATH

living area is ideal work and gazing at h renowned interior and functional linear s steel appliances and g kitchen island makes

-purpose island offers a lot counter space and an inset nks for special dinner parties makes this island even more ed as a dining table for four.

to customize your furniture in a layout that Balcony adds another dimension, with the door space. The Bedroom is conveniently having the washer/dryer and coat closet practical.

691 SQ. FT. 59 SQ. FT. 750 SQ. FT.

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Situated in the heart of the award-winning and internationally recognized Regent Park Revitalization, One Park Place has been an incredible success!

Already well under construction with move-ins starting as early as this fall, this one-of-a-kind new residence offers an incredible location, top-of-the-line amenities, Daniels superior quality construction and impeccable suite designs.

At One Park Place, purchasing with Daniels’ Gradual Deposit Payment Plan* is as easy as 1, 2, 3...

5

BUY WITH

%

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Pay $3,500 with the Agreement of Purchase and Sale

2

Pay $1,000 each month until you reach 5% or occupancy

3

Own your new home at One Park Place

PLUS...

FOR A LIMITED TIME RECEIVE PARKING & LOCKER

$12,800 + 6 MONTHS FREE MAINTENANCE! FOR ONLY

Construction is almost complete – lock into today’s LOW mortgage interest rates!

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ASK A BOUT

*

ACT NOW! MOVE IN TO YOUR NEW HOME THIS YEAR! As for location, location, location, One Park Place residents live in the convenient location of Dundas and Sumach Streets, off of the community’s pedestrian-friendly Urban Mews. From this gathering spot, residents can walk to the 6-acre park on Dundas, the Regional Aquatic Centre, the new Toronto Community Centre, Daniels Spectrum — a 60,000 sq. ft. cultural hub for dance, music, theatre and film, numerous retailers including Sobeys FreshCo., and let’s not forget the neighbourhoods local hot spot — Paintbox Bistro!

NEW URBAN MEWS

PAINTBOX BISTRO

Within One Park Place Condominiums, suite owners will have exclusive use of over 45,000 sq. ft. of indoor and outdoor amenities at CLUB UNO, including a half-court Gymnasium, two Squash Courts, a Fitness Studio, Indoor/Outdoor Yoga and Pilates studio, a Party Room, Billiards Room and several Lounges. Resident Gardening Plots on the fifth-floor Outdoor Terrace will make it easy for homeowners to grow their own herbs, flowers and spices.

The Daniels Corporation (www.danielshomes.ca) is one of Canada’s preeminent builder/developer, having been building new homes and communities for over 31 years. Named the Tarion Warranty Corporation’s 2012 High Rise Builder of the Year and the recipient of the 2012 Toronto Arts and Business Award presented by the Toronto Arts Foundation, Daniels has built more than 23,000 homes throughout the GTA.

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HALF-COURT GYMNASIUM

Already well under construction, One Park Place offers suites starting from the low $300,000s, and there is still a fantastic selection of suites available. Plus, Daniels is making homeownership more attainable by offering their 5% Gradual Deposit Payment Plan. Purchasers pay $3,500 with the Agreement of Purchase and Sale, and then $1,000 each month until they reach 5% of the purchase price. In addition, if you act now, Daniels is making purchasing your new home at One Park Place even easier by offering parking and locker for only $12,800 plus 6 months free maintenance.

But that’s not all! Be sure to ask about Daniels’ FIRST HOME BOOST Program, where qualified buyers can increase their down payment from 5% to 15% of the purchase price through an exclusive interest-free, payment-free loan. The opportunity for homeownership is amazing!

CALL OR VISIT US TODAY!

416.955.0559 danielsoneparkplace.com

Exclusive Listing: CityLife Realty Ltd. Brokerage. Brokers Protected. Illustrations are artists concepts. Prices, programs 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. *Limited time offer. Conditions apply. See Sales Representatives for full details.

in the news

Canada’s housing affordability continues to exert mild stress on potential homebuyers: RBC Economics Canada’s housing market remained under

moderate affordability-related stress in the first quarter of 2013, as housing affordability stayed in the holding pattern that began in early 2010, according to the latest Housing Trends and Affordability Report issued by RBC Economics Research. Housing affordability was largely unchanged in the latest period, as it was largely the status quo for mortgage rates, home prices and household incomes.

“The Canadian housing market cooled significantly in the past year; however, there is mounting evidence that activity is no longer weakening,” says Craig Wright, senior vice-president and chief economist, RBC. “A significant nation-wide price correction does not appear to be imminent so long as affordability remains outside of the danger zone.”

The RBC housing affordability measure captures the proportion of pre-tax household income that would be needed to service the costs of owning a specified category of home at going market values (a rise in the measure represents deterioration in affordability).

During past housing market downturns in Canada, RBC estimates that the measure for the benchmark detached bungalow most often climbed above the 44.5 per cent mark before prices fell more than 5.0 per cent (peak to trough). At 42.5 per cent (up by 0.3 percentage points) in the first quarter of this year, the bungalow measure remained below this critical threshold.

During the first quarter of 2013, measures at the national level were unchanged in the two other categories of homes tracked. RBC measures for the standard two-storey home and condominium apartment categories remained at 48 per cent and 28.1 per cent, respectively.

Exceptionally low mortgage rates have been the chief

factor in keeping homeownership costs relatively affordable, RBC says.

“While affordability levels are manageable at this point, we’d be humming a very different tune if interest rates were to suddenly rise substantially. Fortunately, the likelihood of a surge in rates is slim at this stage,” says Wright. “We believe that the more probable scenario in Canada is one of low interest rates over the next two years; we expect the Bank of Canada to begin gradually raising the overnight rate in mid-2014.”

RBC notes that when interest rates eventually rise, it will be because the Canadian economy is on stronger footing. Part and parcel of this stronger economic environment will be heftier household income gains, which would work to offset any negative impact on affordability.

The housing market is clearly cooler than it was just a year ago; home resales were down 13 per cent nationally in the first quarter of this year relative to the same period in 2012. RBC notes that much of the decline took place in the months following the latest changes to government-insured mortgage insurance rules implemented in July. Activity appears to have stabilized since then – first-quarter resales were unchanged from the fourth quarter of 2012.

Home prices in Canada gave up some ground after a peak in June of 2012, but have generally held up so far in 2013, thanks to predominantly balanced markets in Canada. RBC says that in the past year as demand cooled, the supply of homes for sale also curbed, helping to maintain balanced conditions.

RBC expects market activity to remain subdued this year. However, as the negative effects of the mortgage insurance rule changes gradually dissipate, there could be a mild strengthening from recent monthly levels. continued on page 60…

058 new Condo Guide june 15 - 29, 2013

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059

in the news

continued…

In Canada’s local markets, there were some divergences in affordability trends in the first quarter of 2013, but, in most cases, changes were minimal.

Vancouver continues to be the least affordable market in the country by far. RBC notes that, to a lesser extent, Toronto and Montreal are other city markets showing signs that homeownership is a bit of a stretch for a typical household budget – particularly in the singlefamily home segments. Other local markets tracked by RBC stand within historically safe ranges.

RBC’s housing affordability measure for the benchmark detached bungalow in Canada’s largest cities is as follows: Vancouver 82.3 per cent (up 0.1 percentage points from the previous quarter); Toronto 53.8 per cent (up 0.8 percentage points); Montreal 40.1 per cent (up 0.6 percentage points); Ottawa 39.1 per cent (up 0.1 percentage points); Calgary 38.7 per cent (up 0.8 percentage points); Edmonton 30.4 per cent (down 0.2 percentage points).

The RBC Housing Affordability Measure, which has been compiled since 1985, is based on the costs of owning a detached bungalow (a reasonable property benchmark for the housing market in Canada) at market value. Alternative housing types are also presented, including a standard two-storey home and a standard condominium apartment. The higher the reading, the more difficult it is to afford a home at market values.

For example, an affordability reading of 50 per cent means that homeownership costs, including mortgage payments, utilities and property taxes, would take up 50 per cent of a typical household’s monthly pre-tax income.

Highlights from across Canada:

» British Columbia: Affordability improves, but still has a long way to go. Homeownership in the province became slightly more affordable in the first quarter, though the market has a long way to go before homebuyers can experience more normal levels by historical standards. RBC measures fell by 0.4 percentage points for bungalows and by 1.3 percentage points for two-storey homes. The measure for condominiums remained unchanged. » Alberta: Slight erosion in affordability does little to deter homebuyers. High household incomes in the province kept homebuyers unfazed by the slight erosion in affordability in the first quarter. Alberta’s housing market remains a bright spot in Canada

060 new Condo Guide june 15 - 29, 2013

despite the fact that affordability measures rose slightly by 0.2 percentage points across all housing types tracked by RBC. » Saskatchewan: Biggest affordability improvement in Canada. Following a noticeable deterioration in the fourth quarter of 2012, Saskatchewan’s affordability levels registered the largest improvement across Canada in kicking-off 2013. RBC measures fell by 1.7 percentage points for two-storey homes, 1.0 percentage point for bungalows and 0.3 percentage points for condominiums. »M anitoba: Second consecutive quarter of affordability deterioration. Manitoba’s affordability levels deteriorated for the second straight quarter in the first quarter of 2013, though levels are still not considered dangerous for provincial homebuyers. The RBC measures rose modestly across all housing categories – up 0.8 percentage points for bungalows, 0.4 percentage points for condominiums and 0.2 percentage points for two-storey homes. »O ntario: Affordability conditions extend their recent trends. Ontario’s affordability conditions in the first quarter of 2013 were by and large an extension of recent trends – a deterioration in the single-family homes categories and a standstill for the condominium category. RBC’s measures for both bungalows and two-storey homes rose by 0.4 percentage points, while the measure for condominiums remained unchanged. » Quebec: Affordability variations a mixed bag. Affordability levels in Quebec remain modestly worse than they have been historically for single family homes, which could be contributing to homebuyers’ hesitation in pulling the trigger on purchases over the past year. In the first quarter of 2013, RBC measures were a mixed bag, with bungalows and two-storey homes rising 0.4 percentage points and 0.1 percentage points, respectively, and condominiums declining 0.6 percentage points. » Atlantic Canada: Cooling housing market keeps affordability attractive. Increasingly looser housing market conditions have reduced sellers’ pricing power, keeping affordability fairly attractive in Atlantic Canada. First quarter measures rose very modestly, between 0.4 and 0.6 percentage points, for all categories tracked by RBC.

The evolution of modern condo living COMING SOON ON YONGE AT EGLINTON

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june 15 - 29, 2013 new Condo Guide 061

condo profile

2221 YONGE where the past inspires and the future beckons

Sophisticated living, impeccable details, and the best amenities are finally yours on Yonge at Eglinton

i

n the spirit of Torontoâ&#x20AC;&#x2122;s modernist heritage, Tower Hill Development Corp. introduces 2221 Yonge Condos on Yonge at Eglinton. With inspired architecture, brilliantly realized interior design, the finest amenities and a location that boasts everything a city-dweller could need or desire, this is the future of midtown Toronto.

Extraordinary from the outside in, this soon-to-be landmark building distinguishes itself with singular architecture

by Pei Partnership Architects in collaboration with Quadrangle Architects, one of Torontoâ&#x20AC;&#x2122;s most highly regarded firms. Manhattanbased Pei Partnershipâ&#x20AC;&#x2122;s founders already have a family connection to Toronto: their father, I.M. Pei, is the renowned architect responsible for

062 new Condo Guide june 15 - 29, 2013

our celebrated Commerce Court.

Since founding their own company more than two decades ago, brothers Li Chung “Sandi” Pei and Chien Chung “Didi” Pei have left their mark on millions of square feet of architectural excellence.

Sandi alone has built a portfolio that includes some of the world’s most illustrious buildings, including the stunning Creative Artists Agency Headquarters in Beverly Hills, Calif., the Bank of China Tower in Hong Kong, and the Bank of China head office in Beijing, to name just a few.

Modern meets Modernist in the skilled hands of Pei, who took inspiration from Tower Hill’s own heritage: Toronto’s iconic Tower Hill East and Tower Hill West apartment buildings at Spadina Road and St. Claire Avenue West were developed by the grandfather of Tower Hill Development’s founding family. Combining that with inspiration taken from the area, Pei has developed a condominium that is at once sleek and slender: from a six-storey podium, the tower soars a further 50 storeys with beautifully articulated balconies its most distinguishing features. The personality of the unique façade they help create takes a solid, narrow form on the east and west ends. With an undulating form on the long north and south sides, the deep recession of the expansive terraces helps create a sense of privacy for residents. Outdoors spaces really shine, particularly in the grand corner-wrapping balconies enjoyed by the residents of those suites.

The tower itself is canted on the podium, a simple but brilliant touch that creates maximum distance from the neighbouring building while also creating varied and distinctive spaces for outdoor

amenities on the seventh floor. At ground level, the façade is deliberately brought right to the street, in keeping with the neighbourhood and giving retail tenants and residents in the podium suites a unique experience. From the Yonge Street pedestrian entrance, there is a clear sightline through the elegant lobby to the porte-cochère on Cowbell Lane. In the lobby itself, a remarkable detail takes shape above the sloped roof of the underground garage: a space that in less skilled hands might be wasted in those of Sandi Pei becomes a lush indoor garden.

Interiors by Munge Leung, one of Toronto’s preeminent design firms, include not just visionary, light-infused suite layouts but also incomparable amenities such as Halo, a 56th floor lounge in the sky, as well as a fireplace lounge, cabana with barbecue areas, private dining and, the pièce de résistance, Toronto’s finest residential spa, a resort-inspired, three-pool oasis.

Of course, one of 2221 Yonge’s finest amenities is all around — the neighbourhood itself. Midtown’s Yonge and Eglinton community has long held a reputation for offering the best of everything: fine dining and tasty casual fare, gorgeous boutique stores and the Yonge Eglinton Centre, live music and vibrant nightlife, convenient services, and immediate access to car shares, the TTC, and the Eglinton Crosstown LRT, all within a leisurely stroll of spacious parks and trails.

The neighbourhood’s walkability scores are unbeatable.

Brought to life by one of the GTA’s most enduring family developers and one of architecture’s finest family dynasties, from the spectacular canted tower and the distinctive façade, to the impeccable amenities and the perfectly realized floorplans, this is a condominium community destined to become an icon itself. Suites include one, two and three-bedroom layouts, including some designs with dens, starting at just $199,900 Tower Hill Developments has been helping change the face of Toronto for more than 70 years. Driven by innovative architecture and focussed on every detail, Tower Hill has produced some of the city’s most exquisite communities in its most sophisticated locations, including the Balfour Square at Yonge and St. Clair, Lawrence Park Condominiums at Avenue Road and Lawrence, Churchill Park Condominiums at Spadina and St. Clair, and the Sutton Place Hotel and Park Plaza Hotel. Their legacy is your assurance of enduring quality.

To explore this exceptional upcoming community, visit 2221yonge.com or call 647.350.2221. june 15 - 29, 2013 new Condo Guide 063

IN THE NEWS

Touchstone on Lake Muskoka a touch of heaven for professional couple

Milton’s Terry and Dianne Whiteley have enjoyed

vacation properties for the past 15 years. From a timeshare in Florida, they graduated to owning a cottage on Lake Muskoka near Bala. A few years ago, when they realized they were using the cottage very little throughout the year, they sold it and purchased a fractional ownership at Touchstone on Lake Muskoka. “We didn’t use the cottage we owned for 13 weeks a year,” Terry says, “so the time we get at Touchstone on Lake Muskoka is plenty.”

For the professional couple, whose children are grown and have kids of their own, fractional ownership has numerous other benefits. “Financially, I find this better than putting all of our real estate capital in owning one pricey cottage, because we can diversify.” Terry explains.

“There are even exchange companies you can join to trade fractional weeks with others around the globe.”

Convenience also played into the couple’s logic. “When we owned a private cottage, we also owned boats and snowmobiles and incurred the purchase, insurance and repair costs that went along with those. In a fractional ownership situation, most properties have arrangements with marinas and snowmobile dealers for a preferred rental rate, and even drop-off and pick-up services.”

Terry points out that because the common elements are co-owned, almost everything is there waiting when they arrive. “We like the fact that 100 per cent of our vacation time is used for having fun. Everything is professionally maintained, which protects the value of the property. It’s right on the lake with a sand beach and pool, 064 new Condo Guide june 15 - 29, 2013

and the deep water is great for diving and water-skiing.

There are tennis courts, canoes, kayaks and paddleboats available. Plus, we’re only 10 minutes from Bracebridge, which has all the shopping and services you could want.”

Terry adds that Touchstone on Lake Muskoka offers tremendous variety. “Other resort properties we considered had fixed sizes. Here, you can choose the size that fits your needs. We have a two-bedroom, twobathroom suite. It’s fantastic. At night, we can open the patio door and hear water lapping onto the shore. Muskoka is the Forest Hill of cottage country. It’s the place to be.”

Are you longing to hear the gentle sounds of water lapping onto the shore when you go to bed? Bidding has opened for the online auction for Touchstone’s remaining vacation residences. Reserve bids were opened as low as 15 per cent of the developer’s sales price. A total of 75 fractions are available throughout the auction, which is being held in three rounds between now and July 22, 2013.

Minimum reserve bids for one-eighth fractions range from $4,500 to $62,500.

At Touchstone on Lake Muskoka, fractional ownership provides a fully-deeded real estate holding to a specific unit registered in the buyer’s name. Owners can sell or bequeath their cottage or villa and have the option of earning income by entering it into the Touchstone managed rental program.

For more information, visit touchstoneauction.com

065

choosing a builder

Choosing a condo builder and making the

right decision

You’ve made your decision – You’re ready

to buy a condo, and you want to purchase one that’s new. But with literally thousands of builders of all shapes and sizes to choose from, how do you know which builder is right for you?

Choosing the right builder can be just as important as choosing your new condo.

When you purchase a home, you also “buy” the company that will build it for you. Their experience, skills and commitment to customer service will play a key role in determining how satisfied you are with your condo and with the whole buying experience.

Canada Mortgage and Housing Corp.

(CMHC) offers the following tips on how to find and select a new-condo builder that will meet your needs and expectations:

To begin your search, check the Homes section of your local newspaper to find out which companies are building in your area, the types of homes they offer and the prices you can expect to pay. (Editor’s note: New Condo Guide is a great place to start!) Ask friends, family members and co-workers for names of reputable builders they have dealt with. You can also check the websites of the Building Industry and Land Development Association (BILD) or Tarion.

When you visit a builder, ask how long they have been in business, how many homes or condos they build each year and what kind of background and experience they have.

Make sure the builder belongs to an industry organization and has the licences and registrations required for your province. Ask for references, and contact them to find out if they are satisfied with the homes they bought and the service they received.

Once you have narrowed down your list, visit the builders’ models. Go through each one in detail, carefully noting down what you like and what you don’t. Take your time, and if you feel you don’t know enough about construction, bring someone with you who does.

Read through each builder’s website and other information materials to get a clearer picture of the company and what they have to offer. If possible, request a tour of a work site to look at a condo that is currently under construction.

If you’re considering buying in a new development, go on a tour of the community or take a close look at the master plans.

Ask yourself if this is the type of community where you could see yourself living or raising a family for years to come.

Always bring a notebook or even a camera with you. Ask as many questions as you can think of, and write down the answers to review later. After all, you’re choosing the place your family will call “home” for the next five, 10 or perhaps many more years.

Take your time, and make sure you make the choice that’s right for you.

For more information or a free copy of the About Your House fact sheet, Selecting a New Home Builder, or for information on any other aspect of owning, maintaining or buying a condo, visit the website at cmhc.ca or call CMHC at 1.800.668.2642. For more than 60 years, CMHC has been Canada’s national housing agency and a source of objective, reliable housing expertise.

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condo profile

PERFECT LOCATION PAIRED WITH DESIGN EXCELLENCE comes to North York

l

anterra Developments says Ciao to Dufferin and Lawrence for the second time, with the most anticipated Treviso II Condominiums.

While “Italian inspired living” is the motto for Lanterra Developments’ Treviso Condominiums, purchasers visiting the sales centre are more likely to be heard saying “Ciao bella”!

Indeed, “Hello beautiful” best describes the reaction of visitors to the newly launched second phase of the community.

The planning of the ornate residence was inspired by a trip to the Italian City of Treviso, before planning began at the site located at Dufferin and Lawrence.

The team soaked in the rich culture and beauty of the historic city that lies just north of Venice.

068 new Condo Guide june 15 - 29, 2013

“Inspired by the great designs of Italy, Treviso II makes an equally artful statement,” says Mark Mandelbaum, co-founder and chairman of Lanterra Developments. “When you walk into the lobby you will immediately see the spectacular design and gusto that went into the making of Treviso II. “We want residents to truly love their surroundings. Coming home to Treviso II will feel like entering a personal exotic oasis rich with the luxuries of a modern condominium.”

With prices starting in the low $300â&#x20AC;&#x2122;s, to the high $500â&#x20AC;&#x2122;s, this exquisite 24-storey building will boast 526 units, offering buyers a unique array of options for this stunning community.

Suites at Treviso II will boast high performance laminate flooring in all principal rooms, individually controlled heat pump heating and cooling systems, exterior glass sliding doors, mirrored sliding doors or hinged doors on closets, and laundry with stacked washer/ dryer in laundry area.

The Treviso II kitchens are brilliantly designed, offering home cooks what they need from a sophisticated Italian feast to a simple morning espresso. Kitchens feature a selection of designer series cabinetry, granite countertops, designer series ceramic subway tile backsplashes, stainless steel sinks, stainless steel front appliances, built-in dishwashers and microwaves with built-in fan hood vented to exterior.

Bathrooms boast a choice of porcelain or ceramic flooring, cast-stone rectangular sink basins, five-in. tubs or showers with glass panel and chrome faucets and designer selected white plumbing fixtures.

Purchasers can choose from one-bedroom-with study, onebedroom with den, two-bedroom,

two-bedroom with study, two-bedroom with den, three-bedroom, three-bedroom with study or three-bedroom with den. Suites will range from an efficient 608 sq. ft. to an expansive 1,084 sq. ft. in size.

Inspired by the City of Treviso, where abundant social and recreational activities help to create an unsurpassed lifestyle, the amenities of Treviso II offers Toronto condo buyers an equally unique experience.

With a stunning water feature, fitness centre, spa and swimming pool, buyers can look forward to coming home and unwinding after a busy day.

Those looking for a less relaxing experience will be able to take advantage of the spacious party room, billiards room and multi-purpose room.

Visit the Sales Centre at the northeast corner of Dufferin St. and Lawrence Ave., Monday to Thursday from noon to 6 p.m. or Saturday and Sunday from noon to 5 p.m.; closed Fridays and holidays. For more information on Treviso II, call 416.787.8882 or email info@trevisocondos.com june 15 - 29, 2013 new Condo Guide 069

finances

Family Budgeting 101 From groceries to the hydro bill, every family needs to watch their pennies.

“A family needs a budget that everyone can follow,” says Dennis Tew, father of three and chief financial officer of Franklin Templeton Investments Corp.

“Ensure you track expenses and plan for costs. This will help you save more and spend less.”

Here are a few ways to get your family budget on track: Recurring expenses. Track your

monthly spending on your home, food, transportation, utilities and loans. Consider giving to charity on a regular basis too.

Put some money aside for a new home, car or family vacation. Remember to contribute to an RRSP and RESP.

070 new Condo Guide june 15 - 29, 2013

Occasional expenses. Birthday gifts,

entertainment, dining out, school trips and clothing can quickly add up. Ensure you watch these expenses closely.

Emergencies. Build up some savings in an

emergency fund. A rule of thumb is three months of your income.

Put some money aside for a new home, car or family vacation.

Remember to contribute to an RRSP and RESP. Paying off debt should be a priority too.

Save for the future.

Consider asking a financial advisor to help you plan and budget. More tips on how to save for the future are available at franklintempleton.ca NC

style file

The tile file

photo by brandon barre

// by Yanic Simard

small chip won’t stand out. Works for showers, tub surrounds, floors, and backsplashes as it wears well. More expensive than ceramic, but less than marble – Porcelain remains the most popular tile choice. ›› S tone 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, 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. ›› M arble is a natural stone prized for centuries for its timeless beauty – every slab is unique.

Very porous, it is 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. ›› Q uartz is a very nonporous stone which gives a luxe look like marble but resists staining.

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 (backsplashes and even countertops).

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 Tile Terms: a design staple. Modern tile can be natural or manufactured, ›› Honed tile is stone that has had the surface large or small, tough or delicate, and when done right always ground to a smooth and matte finish. makes a great investment. Here is my guide to all things tile: ›› Rectified tile has been cut to size to ensure every tile is identical - porcelain and ceramics Material can warp and shrink slightly during baking ›› Ceramic is the oldest tile, having been produced for more and thus must be trimmed for an exact match. than 4,000 years. Made of clay, sometimes mixed with other ›› Gauged tile is a natural stone that has been earthy materials. Typically the most inexpensive, but because ground to a consistent thickness, also leaving any colouration is usually applied only to the surface it may a rough back for easier application. show wear and tear much faster. Great for decorative details ›› Glazed ceramic tile has been coated before such as borders and backsplashes. firing to produce brighter colours and more ›› P orcelain is an advanced form of dense ceramic tile, baked at durable finish. Can be double glazed for bolder high temperatures and less porous, which originated centuries patterning but an actually less strong surface. ago in China but only in recent decades became available to ›› Polished tile will have a slicker, glossier finish the masses. The colour runs through the entire thickness, so a than unpolished (matte) tile. continued on page 74…

072 new Condo Guide june 15 - 29, 2013

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073

style file

continued…

Photo by Leni Johnston

with contrast grout for a simple and timeless look. ›› Texture, naturally found in stone or added to manufactured tiles, adds visual depth and a sense of warmth. Usually not as easy to clean as a smoother finish, but can be more inviting and warm. ›› 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. 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. Works well as an accent for a shower, niche, backsplash or even as a headboard feature wall in a bedroom.

Format

›› Subway Tile is a rectangular style, usually half as tall as it is wide (typically 3 by 6, or 2 by 4, 4 by 8 or wider formats like 2 by 8). A timeless classic that can be laid in various patterns, including stacked, herringbone, crosshatch, or traditional brick offset to create different looks. ›› Oversized slab tiles (rectangular 12 by 24 or square 12 by 12 – 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 come in square or rectangular sheets to aid installation. Popular for shower enclosures and backsplashes. Note that small tiles use a large amount of grout and thus can require more maintenance. 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 074 new Condo Guide june 15 - 29, 2013

Maintenance

›› 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 principal designer of the Toronto Interior Design Group.

Specializing in residential and commercial projects, Simard often applies his signature high/low and old/new combination design techniques in developing unique designs. Simard 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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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.

june 15 - 29, 2013 new Condo Guide 075

make your move

// by dan hopkins

can be one of the grandma Moving the most exciting – and rule rules! stressful – times in your life

Dan Hopkins is Chief Operating Officer, Two Men and a Truck Canada. twomenandatruck.ca

W

hen people relocate, the possessions they take with them are a critical part of turning a new house or condo into a “home.” There is plenty of emotion attached to “stuff,” and with that in mind, moving companies take on an awesome responsibility when they transport your furnishings and accessories from one place to another.

And you should be able to trust that your belongings, both big and small, are being treated with the care and respect they deserve.

The Canadian Association of Movers recommends that when you shop for a mover, it is wise to conduct some research to increase your chances of finding a reputable company that will treat you with respect as well. At Two Men and a Truck, we agree!

At the very least, you should be able to expect honesty and integrity when it comes to your moving experience. This includes a thorough and reasonable estimate

076 new Condo Guide june 15 - 29, 2013

for your move, and then delivery on whatever promises are made.

In your search for a mover, learn as much as possible about what services are offered. If the company representative is reluctant to answer your questions, move on. Every mover should be ready to educate customers on their services and on what they can do to help make the move go as smoothly as possible. For example, on our website, twomenandatruck.ca, we provide moving tips, a checklist and even special things you’ll need to consider for large items, such as pianos.

You should always receive your moving quote in writing, and unless you change the parameters of the move substantially, you should pay what you expect to at the other end. A reputable mover will treat you with kindness throughout, and you should never feel intimidated.

These are all sentiments that go along with the “golden rule.” We have our own version of that motto called The Grandma Rule, and it forms our main core value – “To treat everyone the way you would want your Grandma to be treated.” We do regular customer surveys to ensure that we are upholding the principles of honesty and fairness. Check with the moving companies you approach to find out whether there are customers you can contact for a reference. The Canadian Association of Movers (movers.net) also has a web page for consumers including a member directory to help you connect with reliable, professional moving services.

One other thing you may consider during your search is whether or not the movers you contact are happy. That may seem strange, but people who like what they do, do a better job. Professionalism should go hand in hand with enjoyment. We adopted the tag line “Movers Who Care” to reflect our attitude toward what we do. We consider ourselves much more than just a moving company – we’re a customer-service company that moves. Nowadays, the peace of mind that comes with that is priceless.

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077

designer tips

What are some factors to consider when throwing an outdoor party? When planning

an outdoor event, choose an underlying theme and let it guide your décor, activity, food and beverage choices (maybe even your attire). It will help you focus when making decisions on party elements. Hot themes for summer 2013 include Palm Springs in the 1960s (play croquet, decorate with a Pucci-inspired colour palette, serve retro-inspired drinks in kitschy glassware). A Great Gatsbyinspired garden party (think about making this one a costume party) is also hot for summer.

How can you prep your outdoor space for the party? Give your

Tips for entertaining al fresco Celebrate the long, warm, summer nights by entertaining outside. Interior stylist and TV personality Janette Ewen gives you advice on throwing the perfect outdoor party. // by sara duck // photos by teddy chau

space a quick power wash and clean up any debris. Also, make sure hedges are trimmed back and get rid of any still water. I also like to make sure my pathways and patio are well lit. Use LED lanterns in combination with OFF! PowerPad Lamps, this way your outdoor space will be well lit, stylish and keep mosquitos away.

You can pick up the OFF! PowerPad Lamps from your local Canadian Tire for $13.

How can you arrange outdoor furniture to encourage a comfortable party, yet room for guests to mingle and enjoy food and drinks? Think about creating

designated “rooms” in your outdoor space – living, dining and relaxing.

Clearly define the rooms by using continued on page 80…

078 new Condo Guide june 15 - 29, 2013

-964 67,505. ),33 ;6 3(:; *(33 88 Scottâ&#x20AC;&#x2122;s ideal location within the St. Lawrence neighbourhood VU [OL LKNL VM [OL Ã&#x201E;UHUJPHS KPZ[YPJ[ THRL P[ HU VW[PTHS JOVPJL UV TH[[LY ^OH[ [OL [PTL VM KH` ;OPZ JV]L[LK HKKYLZZ MYVT *VUJLY[ JVU[PU\LZ [V JHW[\YL [OL H[[LU[PVU VM KPZJLYUPUN I\`LYZ 6]LY OVTLZ OH]L ZVSK PU HSVUL In addition to its central location, 88 Scott features intelligent suite KLZPNUZ Z[\UUPUN ]PL^Z HI\UKHU[ HTLUP[PLZ HUK Z\WLYI X\HSP[` Ã&#x201E;UPZOLZ [OYV\NOV\[ )\PS[ I` H^HYK ^PUUPUN *VUJLY[ [OL THU` ^OV OH]L JOVZLU :JV[[ KLÃ&#x201E;UL P[ HZ H [PTLSLZZ IS\L JOPW PU]LZ[TLU[ *VTL HUK ZLL MVY `V\YZLSM

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079

designer tips

continued…

The look is whimsical, rustic and affordable! For an evening centrepiece, place tall (clear) glass bottles with taper candles down the centre of a table, keep the look casual and non-static by staggering the bottles (don’t make them all in one straight line).

How can you be the perfect host all night while still enjoying the party? Don’t stress! A summer party is

all about relaxation. The most important element of a party is a host who expects to have a good time. Let everyone help. The best part of summer entertaining is that it is almost always informal. Your friends are resources – do you have a friend who can mix a mean cocktail? Perhaps someone knows some great magic tricks (perfect to keep the guests amused while you clean up). Use your friends – by assigning one small task to each you will free yourself up for your most important role – the host!

What are some extra special touches the host can provide for guests? Welcome your guests with a

signature cocktail. Fill a large wine glass with Prosecco (as yummy as champagne but less expensive) and place a fruit-flavored Popsicle in each. The presentation looks amazing and the Popsicle keeps the Prosecco ice-cold.

Guests can either dip their Popsicle and sip their drink or let the Popsicle melt and enjoy.

What are your favourite shops to hit when preparing for an outdoor party? HomeSense and The Great

outdoor rugs, planters and sculpture. Make sure you leave clear, well-lit pathways between the rooms. I like to set up several drinks and snack stations so the flow of guests keeps moving and doesn’t get stuck in the dining area.

What are your top tips and tricks for decorating for an outdoor party on a budget? Think about creating

summer centrepieces that incorporate a little rustic charm. Run vintage wine crates down the centre of a table and fill with seasonal fruit (peaches, apples) place flowers in a varying size of tin cans (labels removed) or vintage tea tins and scatter them among the crates.

080 new Condo Guide june 15 - 29, 2013

Canadian SuperStore are great spots to pick up décor and entertaining must-haves. When I’m on a budget, I always pop into Dollarama for affordable outdoor toys and treats for the kids.

janette ewen As a leading lifestyle expert in Canada for more than a decade, Janette Ewen is known for her creative and budget-friendly approach to design, decorating, entertaining and fashion.

She is also a seasoned TV personality and favorite with viewers across North America. Visit janetteewen.com

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081

quick tips

5 ways to create a warmer,

hospitable home June Cleaver, Bree Hodge of

Housewives, and stay-athome dad Cameron from Modern Family are all known for creating a welcoming home. But how do they do it? Sally Morse, director of creative services for Hunter Douglas, shares some secrets for making a home truly a warm, hospitable place.

Desperate

Clear the Clutter

soft fabric vanes suspended between sheer panels. The vanes rotate for varying degrees of light control, and when closed, total privacy. The sheers diffuse and filter light beautifully, creating a warm and welcoming glow all can enjoy.

Create a Fragrant Foyer

An often-shared childhood memory is visiting a beloved family member where the aroma of cookies baking or a delicious dinner in the oven welcomed you into the space. You can do the same in your own home, minus the work. To create an inviting first impression without being kept in the kitchen, simply place a vanilla, caramel or floral diffuser by the front door.

Put guests and family alike at ease in space that has been tidied, one area at a time. Throw away what is not needed and store the rest. After a little work, the result is a clutter-free home that feng shui experts agree invites happiness and growth.

Add Signature Tasty Treats

Let In the Light

The ultimate host or hostess knows one’s home décor can bring about harmony.

To create a soothing interior, try decorating with a base of neutrals, only using pops of bold colours on pillows and other decorative accents.

Win over family and friends by following a few simple steps to create a welcoming home not only they, but you, will enjoy spending time in.

It is well known that lighting can set the mood in any space – it can increase energy and elevate your mood. To ensure an upbeat home that is also well lit, try Silhouette window shadings, now available with the LiteRise cordless lifting system. They feature

082 new Condo Guide june 15 - 29, 2013

Along with adding a fragrant aroma to keep visitors coming back, it doesn’t hurt to also offer a signature sweet. Place candy dishes around the home filled with wrapped confections or fill a clear cookie jar in the kitchen with the family’s favourite baked goods. For a happy and healthy home, keep a basket of fruit out for anyone to grab-on-the-go.

Design a Balanced and Personalized Decor

More information is available online at hunterdouglas.ca or toll-free at 1.800.265.8000. NC

june 15 - 29, 2013 new Condo Guide 083

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084 new Condo Guide june 15 - 29, 2013

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june 15 - 29, 2013 new Condo Guide 085

decor

Affordable decorating tips to take your home from ho-hum to high style Feeling uninspired in your space?

Updating the decor in your home is an easy way to add more colour, style and personality to rejuvenate your residence. Whether you’re making a few updates, like new artwork or wall colours, or renovating an entire room with a completely new look, decorating should be fun, not stressful. With a few simple tips, you can up the design ante in your home without breaking the bank.

Decorative painting for design

Painting can consist of much more than simple strokes of one colour.

Take things to the next level with decorative painting. Create different patterns on your walls with textured rollers to achieve an artistic design.

Sponge and fabric paint rollers provide unique patterns to give your walls a one-of-a-kind look. Low in price and high in design, using textured rollers is a great option for redecorating on a budget.

Painting stripes in your room is a refreshing way to update your current colour scheme. A sequence of wide and narrow stripes in complementing colours is a stylish option. To achieve crisp, clean lines between each stripe, FrogTape brand painter’s tape will get the job done. The patented PaintBlock Technology applied to the edges of FrogTape helps prevent paint bleed, leaving precise lines and keeping the transition between your colours looking sharp.

A plethora of plates Artwork is a

great way to change things up and give any room a boost. Expensive traditional framed pieces of artwork aren’t your only option anymore.

Instead, create an eclectic art piece with plates you already own, or find

086 new Condo Guide june 15 - 29, 2013

Painting stripes in your room is a refreshing way to update your current color scheme.

Create different patterns on your walls with textured rollers to achieve an artistic design.

them at garage sales and antique stores. Opt for various sizes and shapes and attach each one to your wall with plate hooks. You can cover an entire wall, or focus on a smaller area – but before you get started, be sure to lay out your design on the floor first. This way, you’ll achieve your desired look, without extra nail holes on the wall from hanging as you go.

Perk-up hallways with runners; rooms with rugs While re-energizing your home, the hallways may seem a little drab. Add a pick-me-up to your walkway by hanging portraits with funky frames along the walls. Add a runner along the length of the floor for a touch of pizzazz. Runners come in a multitude of lengths, patterns and colours – not to mention price ranges. Updating the flooring will keep your feet cosy and help to diminish the sound of footsteps during the night.

If you have a space you want to update, but a full room makeover isn’t in your budget, consider an area rug to spruce things up. If the colour in your room is dull, the rug can add visual interest and a pop of colour, serving as an aesthetically pleasing addition. Area rugs also help to break up the space of a larger room and can add grandeur to a small space. A new rug will also protect your pre-existing carpet, vinyl and hardwood floors, keeping them looking newer, longer.

Opt for accents as design elements No home redecorating project is complete without a few perfectly placed accents. These interesting items stand out from your primary colours and furniture pieces, offering a fresh look to any space. Accent pieces – such as chairs, frames or vases – will spice up a monotonous colour scheme, while harmonizing with everything else you may already have in a room. Consider a bright beanbag chair for your child’s bedroom or a lamp base in a complementary colour on your console. Keep in mind accents are meant to speak for themselves; there’s no need to have another elaborate piece in the room to pair with an accent piece. Just one affordable piece is all it takes.

When the redecorating bug bites, embrace the opportunity to freshen up your home inexpensively. With a pinch of creativity and a dash of design inspiration, you can easily make over any space into one that’s perfect for you. ARA

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june 15 - 29, 2013 new Condo Guide 087

10 MINUTES WITH...

10 Minutes with...

Joseph Alberga

of Lindvest Properties

Joseph Alberga came to his career in the new homes industry through his father, who has been in the industry for more than three decades. It’s not that unusual — many developers are multi-generational, familyrun businesses. But Alberga’s story is a little different, in that he came up through the sales side, and now holds the position of director, sales and marketing at H&R Developments/Lindvest Properties Ltd. “My exposure to new home sales began at a very young age.

Back then, sales meant a small trailer on the construction site,” he says. “I didn’t really see it as a career option, though, and when the time came, I went my own way. I became a photographer.”

He says that when he was looking for a career change, returning to his roots felt natural. When Rosehaven 088 new Condo Guide june 15 - 29, 2013

Homes offered him a position as sales manager, he jumped at the opportunity, and with sales and marketing so inextricably linked, he took on a leadership role in marketing, too. His new path led him to Lindvest in March.

With such a strong visual, creative side to his personality, he’s a natural fit for the builder side of the industry, which plays to both sides of his background, experience and personality: sales and marketing at their best are where art meets commerce.

“You have to be excited to do this well,” he says. “Of course architecture plays a big role in this business, but I can also get excited by a newspaper ad.” That Lindvest’s award-winning campaign for their B.streets condos at Bloor and Bathurst centres in large part on the outstanding photographer of industry leader Tom Ryaboi is something he could appreciate both as a photographer and a marketing/sales expert. It’s exactly the right campaign at the right time.

“We’re marketing to a more educated clientele now,” he says.

“In the past, a catchy headline, maybe a price point, was enough.

You didn’t have to do much more. These days, real estate advertising has to be — and is — as sophisticated as anything else you see in a magazine. I credit the condo developers for that. They were the ones to push that envelope. I’m just amazed at some of the creative that’s coming out. Online exposure has gone the same way.”

At the heart of the B.streets campaign are real people, carrying on their real lives in one of Toronto’s most diverse and vibrant neighbourhoods. B.streets, like Alberga himself, has a best-of-both-worlds nature: Bathurst and Bloor has an eclectic vibe of its own, and the Annex a more sophisticated feel. They come together at B.streets to make it one of the most exciting condo communities in the GTA right now.

With its lovely Lane Homes on Loretto Lane offering an intimate setting within that urban landscape, and a wide variety of suite layouts including rare three-bedroom configurations as well as lofts, diversity is definitely part of the project. The all-important design aspect is handled by some of the industry’s best, including striking contemporary architecture by the brilliant Hariri Pontarini, another nod to duality, with its contrast of dark and light. The award-winning

firm Cecconi Simone bring the interiors to life, a coup for residents who appreciate the finest visionaries in the business.

It’s building such a knockout team that Alberga says is at the fore of every great project, and the most enduring lesson he’s carried with him throughout his diverse career. “Everyone needs to take a client-focused, long view of every project. We don’t do our jobs in a bubble,” he says. “We don’t get an architect in to do a design and then we come up with a marketing package. Right from the get-go, we have to have in mind the person who will live in this or that particular suite. I look at my responsibility as being accountable to that person, talking directly to them, all the way through the process.”

B.streets, like Alberga himself, has a best-of-bothworlds nature: Bathurst and Bloor has an eclectic vibe of its own, and the Annex a more sophisticated feel. They come together at B.streets to make it one of the most exciting condo communities in the GTA right now.

He considers himself lucky to have the background in that tiny sales trailer. “You still have to be able to explain every floorplan, every rendering, and genuinely convey your enthusiasm about it,” he says. Even with the amount of research consumers do now, nobody walks in knowing 100 per cent what they want. Everyone has preferences and choices. It’s our job to make sure they’re happy. Whether it’s a building, a project site, or a sales office, it’s about finding the right solutions.”

With B.streets well under construction and 85 per cent sold, he’s got good reasons to be particularly excited this spring.

“Once the core is complete and we start to see it take shape from the outside, those are some of the best times in any project,” he says. “We’re within a year of starting occupancy.

People can buy now and know they’ll be moving in next spring.”

Occupancy is another great time, the culmination of all the hard work that goes on in the background. “Knowing that ultimately you’re contributing to someone’s life-long dream, whether it’s their first home, their move-up home, or an urban Lane Home that offers the best of everything, that’s big for me,” he says. “I was lucky as a kid to see that, and there’s always something special about walking into a place where no one has lived before and making it yours. There’s no better feeling than when a kid gets a room of his own for the first time.”

Snapshot What’s your key message

Life Happens Here! — that’s our slogan and it’s true of all our communities. It’s about that feeling you get when you’re in a new home, and it’s yours, and it becomes the place around which your world revolves. We’re thrilled to help people make that happen.

Key players on the Lindvest team

We’re a multi-faceted, family-run business founded in 1952. Many of our major positions are still held by family members.

What are the Lindvest values?

We’re dedicated to the development of master-planned communities that encompass the best of everything: urban design, service, planning, the entire buyer experience.

What’s your market niche

Because we’ve had the opportunity to spread throughout the market, not just in one area or to one demographic, our focus is on creating the best possible community, whatever niche we’re working in.

Past projects

Grand Cornell, Markham; Roxborough, Richmond Hill; Rhapsody, Newmarket; Castlemore, Brampton; Thornhill Woods, Thornhill Current projects

B.streets Condos, Bathurst & Bloor, Toronto; Gracefields, Newcastle Why buy Lindvest?

Quality. Not just in the build, but in the team, the planning, throughout the process. We focus on end-users. We want to ensure the best possible experience from the moment you walk into the sales centre until you are happy in your new home.

Awards

B.streets in particular has achieved outstanding success, including Best Brochure, Best Sales Office, Best Newspaper Ad, Best Magazine Ad, Best Signage, Best Logo, and ultimately Project of the Year from BILD in 2012.

They have also received Project of the Year (High or Midrise), Best High or Midrise Ad Campaign, Best Project Logo Branding (for individual community logo), Best New Home Sales Office (1,500 sq. ft. and over) and Best High or Midrise Project Sales Brochure from the OHBA.

june 15 - 29, 2013 new Condo Guide 089

IN THE NEWS

PSV & PSV2 AT PARKSIDE VILLAGE

break ground in Mississauga, gaining huge momentum

Amacon is proud to break ground on such a vitalized community project. With three packages available to customize your space, thousands of square feet of amenities dedicated to recreation, relaxation and revitalization, and high quality features and finishes, PSV is the perfect blend of function and fashion.

ABOUT AMACON

Amacon recently hosted the groundbreaking ceremony for PSV and

PSV2, Parkside Village’s fourth and fifth towers at Mississauga’s City Centre.

Announced to the public in the spring of last year, PSV became the No. 1 selling project in the GTA in the first quarter of 2012. With a team of dedicated designers including interior design firm UNION 31 and influential architect Turner Fleisher Parkside Village has broken new ground and exceeded expectations.

PSV offers 48 storeys with a total of 591 units and 30,000 sq. ft. of shared amenities with PSV2 (launched in October 2012). These amenities include Mississauga’s first outdoor volleyball court. PSV offers an elevated urban environment that marks a new standard of living in an urban setting.

Having sold 680 units in the last year between PSV and PSV2, Parkside Village is in high demand for potential buyers. With extensive waitlists and dedicated individuals camping out overnight, PSV truly represents a community of like-minded people.

Stephanie Butler, marketing and sales manager for Amacon, says, “The people who live and play in these spaces are the life and spirit of PSV.” Debbie Cosic of In2ition Realty furthers this notion, adding that the PSV team has brought a “dramatic new look and vibe to Mississauga with the PSV development. This has been the most highly anticipated building in our community!”

090 new Condo Guide june 15 - 29, 2013

With four decades of development and expertise, Amacon is one of the most influential real estate development and construction companies in Canada. Motivated by a passion for design, architectural innovation and a commitment to uncompromising standards of construction quality, Amacon continues to push the boundaries of excellence.

With select units available in both PSV & PSV2, the opportunity to own a beautiful property in this ever-inspiring community is coming to a close. For more information, please visit the Parkside Village Presentation Centre at 465 Burnhamthorpe Rd. W. in Mississauga. Presentation Centre is open Saturday and Sunday from noon to 5 p.m. and Monday to Thursday from 1 to 7 p.m.

There is a selection of one- and two-bedroom suites available at both PSV & PSV2. The opportunity to own a beautiful property in this ever-inspiring community is coming to a close. The POSH Penthouse Collection is now available at PSV & PSV2.

For more information on Parkside Village, call 905.273.9333 or visit lifeatparkside.com, or visit the Presentation Centre at 465 Burnhamthorpe Rd. W., Mississauga.

PRESENTATION CENTRE

DEVELOPED BY

EXCLUSIVE BROKERAGE

465 BURNHAMTHORPE RD. W. MISSISSAUGA, ON TEL 905 273 9333

RENDERINGS ARE ARTIST’S CONCEPT ONLY | E.&O.E.

june 15 - 29, 2013 new Condo Guide 091

hot topic

// By laura stein

choosing the it’s easier right paint colour: than you think

A

Laura Stein Interiors is a Toronto-based firm that specializes in custom interior decorating and design for residential clients.

Dedicated to creating exceptional, distinctive, and uniquely personal interiors for her clients, Laura’s focus is on superb quality, fresh design, and lifestyle-based functionality. The firm is run by Laura Stein, an award-winning interior decorator who has worked on HGTV’s Designer Guys and Style Dept. Laura has appeared on several television shows and is frequently featured as an industry expert in print and online across Canada and the US. An accredited member of the Canadian Decorators’ Association (CDECA), her interior decorating work has been nationally recognized with multiple industry awards, including the 2011 Consumer Choice Award for Best Interior Decorator in the city of Toronto. Visit Laura Stein Interiors at laurasteininteriors.com

s spring turns to summer, our minds turn to decorating our homes.

But where to begin? If you are like most people, you start with the paint. You head to the paint store, pick up a few swatches, take a good look, compare a few, and then buy your paint. Right? Wrong! You might be surprised, but most people begin their decorating projects with the last step, which is why they have such a hard time getting it right.

One of the most common questions people ask me is how to choose paint colours. If you make a mistake, don’t feel bad. Choosing paint is not an easy task, and you are definitely not alone. Luckily, the wrong paint colour is not an expensive mistake to fix, but it’s better to get it right the first time. Below are a few tips on how to get it right, so next time you head to the paint store you won’t make any mistakes.

1 | Start at the Beginning

The first thing you need to know when decorating is that you should choose your paint last. Everyone wants to get the painting done first, but it’s really putting the cart before the horse. There are literally thousands of paint colours, so it’s much easier to find paint to match your fabrics or area rugs, than vice versa. Even if you can’t afford to do everything at once, plan ahead for your other materials before choosing your paint.

Start with an inspiration fabric or rug or a piece of art – something that already has a beautiful colour scheme, so most of the work is already done for you. All you have to do is pull the colours right from your inspiration piece and you’ve got your paint colours. Every design needs a starting point, so find your starting point and go from there. Choose all your fabrics, your tile or your counter material, then head to the paint store (and don’t forget to bring your inspiration piece with you).

The first thing you need to know when decorating is that you should choose your paint last. Everyone wants to get the painting done first, but it’s really putting the cart before the horse. There are literally thousands of paint colours, so it’s much easier to find paint to match your fabrics or area rugs, than vice versa.

2 | Tackle the Paint Store with a Plan

Think about whether you want your walls to be a simple backdrop for all the wonderful things in your room, or if you want your walls to really 092 new Condo Guide june 15 - 29, 2013

coverage. Once it’s dry you can move it around the room and try it out in different light at different times of day. Green is one of the greatest colour shifters so be sure to test it first. Once you’ve tested out your colours you can make your third trip to buy your cans of paint.

4 | The Finish Line

above

(Clockwise from bottom left) Threadcount, Laundered linen in Celadon; Maxwell, Lola in #24 Buff; Kravet, Citysquare in Mistymorn; Robert Allen, Moonlight in Candlelight; Robert Allen, Stony River in Cinder; Benjamin Moore CC-636 Mountain Air & CC-540 Stampede)

make a statement. That will help start you in the right direction when you are standing in front of the wall of paint swatches.

Take a good look at the undertones in your inspiration piece and find paints that complement them. If the neutrals have a yellow undertone, look for paints that are similar. If the undertones are grey, or pink, do the same.

There are a lot of colours that might look alike, but if the undertones don’t complement each other they might end up clashing.

When you pick out your swatches hold them up vertically to assess the colour. Unless you are choosing paint for your floor, you should be holding them the same way the colours will appear on the wall. Light affects paint differently when it is horizontal, so to get an accurate representation of colour, view it vertically.

3 | Go Home

It is difficult to determine the exact colour of a swatch under fluorescent lights, which is why you should never decide on your colours in the store.

Colours will always look different in your home because of the variation in lighting. Plan to make three trips to the paint store. The first visit is to gather swatches, then narrow down your selections at home. On your second trip buy test pots or large sample cards and try them out on different walls in your home. One of the things I like to do is buy sample paint and a mini roller, and paint a piece of foam core. Use two or three coats to get good

Finally, the last thing to consider before buying your paint is the finish. The flatter the finish the richer the colour will appear because of the way it reflects or absorbs light.

For walls, my favourite finish is a scrubbable matte. It has a beautiful, deep, velvety look, and it can be cleaned. An important thing to know is the higher the sheen, the more the flaws in the wall show. If your walls are uneven go for matte. If you have smooth new construction and want some drama, try a dark colour in a glossy finish. It will bounce light around the room and make for a brilliant luxurious look (apply in thin layers and sand between coats for a perfectly smooth finish). For wood trim and doors my go-to finish is satin. It has a soft, elegant sheen without the glossy glare.

Insider Tip

Paint isn’t just for your walls. Your ceilings take up a huge amount of space, so they should be treated with some importance. There is no rule that ceilings have to be white. One great trick I often use, especially if ceilings aren’t terribly high, is to paint them a lighter tint of the wall colour. It eliminates that harsh line where the ceiling meets the wall and creates a sense of flow from the walls to the ceiling, making the ceilings seem higher. Unless you are going for a special effect, always use flat paint on your ceilings.

june 15 - 29, 2013 new Condo Guide 093

condo watch

new releases & grand openings 36 Hazelton

by Alterra

Construction has started at this luxury boutique condo in the Yorkville neighbourhood.

Web: 36Hazelton.com

101 Erskine

by Tridel

A quiet sensibility in the midst of Yonge and Eglinton. Grand opening.

Web: Tridel.com/101erskine

Avani at Metrogate

by Tridel

New suite release at Metrogate’s newest address at Kennedy and Hwy. 401.

Web: Tridel.com

416

Builders: If you would like to include your preview registration, new release or site opening in this feature, just email the details to susan.legge@wall2wallmedia.com

The Bond

by Lifetime Developments

New release – top five floors. Introducing The City Collection at Adelaide and John. Now open.

Web: TheBond.ca

E Condos

by RioCan, Bazis, Metropia

Condominium residences on the northeast corner of Yonge and Eglinton. Grand opening.

Web: ECondos.com

Exhibit

by Bazis, Metropia, Plaza

Limited edition penthouse collection at Bloor and Avenue Road.

Web: Bazis.ca

Fuse 2

by Neudorfer Corporation

Now releasing phase two of this master- planned community in Davenport Village.

Web: FuseCondos.com

Gramercy Park

by Malibu

An urban oasis built around a private park in North York. Move in soon.

Web: GramercyPark.ca

Imperial Plaza

by Camrost Felcorp

New suite release at Yonge and St. Clair.

Book your private appointment today.

Web: ImperialPlazaToronto.ca

Ivory

by Plaza

Newly released Pure Platinum Penthouse Collection on Adelaide, in the heart of old-town Toronto.

Web: PurePlaza.com

Life Condominiums

by Chestnut Hill Homes

A stylish, 13-storey midrise at Yonge and Merton with 149 spacious suites. Now open.

Web: LifeCondos.ca

The Madison

by Madison Homes

Grand opening of Top Floors at Yonge and Eglinton.

Web: MadisonCondos.ca

One Bloor

by Great Gulf

New suite release at this coveted Yonge and Bloor condo, now under construction.

Web: OneBloor.com

Picasso

by Monarch Corp. & The Goldman Group

Now open, an iconic building in the heart of the evolving Entertainment District.

Web: MonarchGroup.net

Post House

by Alterra

Construction underway at this boutique condo in the St. Lawrence Market neighbourhood.

Web: PostHouseCondos.com

Rise

by Reserve Properties

Downtown living at a mid-town price.

Grand opening and new release.

Web: RiseCondos.com

River City 2

by Urban Capital

New release of penthouses with rooftop terraces and townhomes up to 1,877 sq. ft.

Web: RiverCityToronto.com

Vivid

by Pemberton Group

Grand opening continues at Pemberton’s Vivid at Islington and Bloor.

Web: VividCondos.com

X2 Condos

by Lifetime & Great Gulf

Sophisticated condominium now under construction at Jarvis and Charles.

Web: X2Condos.com

Monde

by Great Gulf

New release of boardwalk suites along Toronto’s waterfront.

Web: MondeCondominiums.com

continued on page 102…

094 new Condo Guide june 15 - 29, 2013

GTA Edition June 15 - 29, 2013

Your complete source for condos, lofts and townhomes in Toronto

IN THIS SECTION Maps and listings for new condo communities in the 416 region Builder news and the latest in condos in the 416

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

# Builder 4 Tridel Corporation 6 Cresford Development Corp.

7 The Daniels Corporation 10 Empire Communities 20 Tower Hill Development Corporation 21 Easton’s Group 21 Remington Group 23 Tribute Communities 37 Cresford Development Corp.

52 Cresford Development Corp.

58 Great Gulf Homes 59 Lindvest 66 Emsatec Canada Inc 85 Harhay Developments 85 Carttera 117 Bazis Inc. 117 Metropia 117 Plaza 120 The Daniels Corporation 124 Pinnacle International 129 Concert Properties 131 Lanterra Developments 131 Tridel Corporation 133 Tribute Communities 137 Alterra Homes/Finer Space 140 Eden Shaw 140 45 Charles Ltd. 149 Camrost - Felcorp 162 Pianosi Developments 171 Camrost - Felcorp 179 Graywood Developments 179 Mod Developments Inc. 189 The Daniels Corporation 192 MintoUrban Communities Inc. 200 Freed 202 Bazis Inc. 202 Rio Can 202 Metropia 206 Mod Developments Inc. 215 Dundee Kilmer Developments

Menkes Developments Inc. 1 Goldman Group & Lash Dev. Corp.

1 Goldman Group & Lash Dev. Corp.

1 Goldman Group & Lash Dev. Corp.

2 Great Gulf Homes 3 Concord Adex 3 Concord Adex 3 Concord Adex 3 Concord Adex 3 Concord Adex 4 Gairloch Investments 5 Onni Group of Companies 5 Onni Group of Companies 8 Cresford Development Corp.

8 Cresford Development Corp.

8 Cresford Development Corp.

8 Cresford Development Corp.

9 Aspen Ridge Homes 11 Menkes Developments Inc. 11 Menkes Developments Inc. 12 North Drive Investment 13 Streetcar Development 14 Canalfa Group 14 Canalfa Group 15 Urbancorp Development Corporation 16 Freed 17 Malibu Investments Inc. 18 Urban Capital 18 Urban Capital 19 Delpark Homes 20 Menkes Developments Inc. 22 Monarch Corporation 22 Tridel Corporation 24 Greenpark Homes 29 Pinnacle International 29 Pinnacle International *TH: Townhomes, C: Condo

Site Telephone TH* C* Price Range Page Finder Aqualina at Bayside Toronto 416-514-2710 • IFC 16E Merton Yonge Condominiums 416-484-1900 • from $320,000 151 14e High Park Condominiums 416-351-1844 • from $300,000 19 8L The HUB 416-408-1200 • from $220,000 6-7 9F 2221 Yonge 647-350-2221 • from $200,000 61 14E King Blue Condominiums 416-599-1355 • from $250,000 83 12N King Blue Condominiums 416-599-1355 • from $250,000 83 12N The College 416-363-4800 • from $320,000 65 M14 Lofts 399 416-867-3999 • from $390,000 152 14L CASA III 416-977-1100 • from $240,000 IBC 15L Monde 416-466-8885 • from $280,000 22-23 17M B Streets 416-532-6636 from $300,000 87 13J The Brownstones 5 416-531-7760 • from $320,000 117 9I One Eleven Condominiums & Lofts 647-347-4111 • from $250,000 59 13M One Eleven Condominiums & Lofts oneeleven.ca • from $250,000 59 13M Exhibit Definitive Residences 416-967-7778 • from $320,000 27 14i Exhibit Definitive Residences 416-967-7778 • from $320,000 27 14i Exhibit Definitive Residences 416-967-7778 • from $320,000 27 14i One Park Place Condominiums 416-955-0559 • from $320,000 Insert 18J The Pinnacle on Adelaide 416-596-1600 • 103 15M 88 Scott 416-216-8588 • from $400,000 79 17M Riverhouse at the Old Mill 416-766-7343 • from $520,000 31 5L Old Mill 416-645-7022 • from $493,000 BC 5L RCM I on University 416-363-4800 • from $393,000 65 14M Post House Condominium 416-964-2777 • from $350,000 73 16L Chaz 416-922-0045 • from $320,000 53 16J Chaz 416-922-0045 • from $320,000 53 16J Imperial Plaza 416-925-2501 • from $399,000 3 15I Perspective Condos 416-242-3500 from $280,000 111 4H Yorkville Plaza 416-966-3003 • • from $350,000 1 14H Five Condos 416-928-0555 • • from $250,000 55 15J Five Condos 416-928-0555 • • from $250,000 55 15J Cinema Tower Condominiums 416-203-2020 • 39 14M 30 Roe 416-915-3812 • from $324,000 67 14D SIXTY Colborne 416-601-0060 • from $300,000 71 16L E Condos 416-243-8688 • from $320,000 5 14E E Condos 416-243-8688 • from $320,000 5 14E E Condos 416-243-8688 • from $320,000 5 14E The Massey Tower 416-966-0197 • • from $320,000 43 16L Canary District Condominiums 416-603-7576 • from $250,000 85 18L Harbour Plaza menkes.com • Insert 530 St. Clair Ave. West 530condos.com • from $344,000 12H 500 St. Clair Ave. West 416-868-0500 • from $260,000 12H the rushton rushtonliving.com • from $344,000 12H Yonge+Richmond 416-492-7420 • from $290,000 16K ParadeTWO Tower Residences 416-813-0999 • from $287,000 15M Grand Parade 2 at Concord CityPlace 416-813-0999 • 15M ParadeTWO Park Collection at Concord CityPlace 416-813-0999 • from $308,000 15M Quartz 416-813-0999 • • 15M Spectra 2 416-813-0999 • • 15N 383 Sorauren 383sorauren.com from $300,000 9L Garrison at the Yards 416-260-2600 • from $190,000 14n West Lake 416-260-2600 • from $240,000 14N NXT 2 416-977-5300 • • from $300,000 8N NXT2/Phase Two 416-977-5300 • • from $210,000 8N Corporate 416-977-5300 • • from $300,000 8N NXT 416-977-5300 • • from $300,000 8N VU 416-970-9500 • • from $370,000 16L Pears on the Avenue 416-323-0100 • from $381,000 14I 365 Church menkes.com • 14I The High Park 416-670-3699 • from $300,000 8L Trinity Lofts 416-690-2988 • from $330,000 19l Liberty on the Park Condominiums 416-537-0047 • from $363,000 12N Liberty Place 416-537-0047 • • from $170,000 12N Westside Lofts 416-516-5848 • from $180,000 12m 155 REDPATH 647-291-0041 • from $250,000 14D LTD 416-601-2223 • from $310,000 14M River City 416-862-0505 • • from $250,000 18L River City 2 416-862-0505 • • from $250,000 18L Broadview Villas 416-429-7888 • from $490,000 19g Fabrik 416-591-7700 • from $250,000 14M Picasso on Richmond 416-495-3549 • from $280,000 14M Ten York 416-596-9888 • 12F Axiom Condominiums axiomcondos.ca • from $200,000 17L Success Tower at Pinnacle Centre 416-360-0673 • from $750,000 17m 33 Bay Residences at Pinnacle Centre 416-925-3325 • 17m

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

Tower Hill Development Corporation Madison Homes Conservatory Group Conservatory Group Cresford Development Corp.

Cresford Development Corp.

Cresford Development Corp.

Times Developments Inc. MintoUrban Communities Inc. MintoUrban Communities Inc. Lanterra Developments Pemberton Group Lamb Development Corp.

Context Development Inc. E-Park Development Neudorfer Corporation Madison Homes State Building Group Freed Freed Carlyle Communities Empire Communities Lamb Development Corp.

Lamb Development Corp.

Tridel Corporation Tridel Corporation Fernbrook Homes/Cityzen Dev. DHD Developments Great Gulf Homes Treasure Hill Homes 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 Great Gulf Homes Plaza Empire Communities Empire Communities Pemberton Group The Daniels Corporation The Daniels Corporation The Daniels Corporation Great Gulf Homes Lifetime Developments Lifetime Developments Triangle West Development Tridel Corporation Tribute Urban Living Tribute Communities Tribute Communities Graywood Developments Mod Developments Inc. Canderel/Stoneridge Parallax Investment Corporation BSaR Ltd Andrin Homes Matthew Kinsella Custom Homes Inc. Hyde Park Homes Lamb Development Corp.

Longo Corporation Lamb Development Corp.

Graywood/Beaverhall Development Aspen Ridge Homes Cityzen Fernbrook Homes Fernbrook Homes Lamb Development Corp.

Niche Development Urban Capital Malibu Investments Inc. Lamb Development Corp.

Niche Development Alit Developments Tre Memovia Developments Lifetime Developments Lifetime Developments Aragon Properties Castlepoint/Cityzen/Fernbrook Enirox Group Plus Development Group Sorbara Group Streetcar Development Mizrahi | Khalili Developments Mizrahi | Khalili Developments Sorbara Group Lifetime Developments Centre Court Development Reserve Properties Reserve Properties Pemberton Group Streetcar Development Tofni Developments Greenpark Homes Greenpark Homes Cresford Development Corp.

Tri-Win Developments Inc Burnac Corporation Lifetime Developments Centre Court Development Streetcar Development Great Gulf Homes Menkes Developments Inc. Carttera Reserve Properties BSaR Ltd Castlepoint/Numa Tridel Corporation Torbel Group Sonterlan Mansouri Living

*TH: Townhomes, C: Condo

Telephone

TH* C*

Price Range

Page

Churchill Park Condominiums 416-966-9080 • from $900,000 The Madison 416-482-8090 • from $390,000 Infinity Condominiums 416-214-1988 • from $250,000 Milan 416-928-7409 • from $520,000 CASA 416-977-1100 • from $710,000 The Bloor St. Neighbourhood 416-977-1100 • from $600,000 CASA 2 416-977-1100 • from $250,000 The 500 Condos + Lofts 416-960-0606 • from $400,000 King West 416-367-5464 • from $210,000 775 King West 416-367-5464 • from $330,000 3018 Yonge In Lawrence Park 3018yonge.com • from $390,000 The Uptown Residences 416-987-3500 • from $950,000 The Brant Park 416-703-7271 • from $250,000 King West - The Lanes contextkingwest.ca • from $250,000 Foundry Lofts 416-531-7760 from $399,000 Brownstones 416-531-7760 • from $300,000 The Upper Canada Condominium 416-489-5194 • from $1800,000 The Upper Canada Condominiums 416-489-5194 • from $1.8,000 455 Adelaide West - Fashion District Lofts 416-603-6166 • • from $280,000 Fashion House 416-366-0560 • from $250,000 Beach Hill Residences 416-422-0880 • • from $200,000 Schoolhouse 416-979-1333 • from $595,000 Worklofts 416-368-5262 • from $243,000 Flatiron Lofts 416-368-5262 from $243,000 300 Front Street West 416-217-0300 • from $324,000 Reve 416-514-2710 • from $334,000 Pier 27 Waterlink 416-367-3456 • from $300,000 Condos at The Distillery 416-361-1322 • from $400,000 One Bloor Residences 416-922-0081 • from $535,000 Block liveatblock.com • The King East 416-368-5262 • from $300,000 East Condos & Lofts 416-368-5262 • from $310,000 King West kingwestlife.com • from $346,000 Four Seasons Private Residences Toronto 416-775-7500 • from $1900,000 Four Seasons Private Residences Toronto 416-775-7500 • from $1900,000 Seventy Seven Charles Yorkville 416-203-7034 • from $2100,000 Market Wharf 416-861-8181 • from $260,000 Library District Condominiums 416-861-8181 • from $222,000 Brownstones in Davenport Village 416-531-7760 from $245,000 Brownstones on the Park 416-531-7760 • from $260,000 Charlie 416-927-9772 • from $251,000 Ivory On Adelaide 416-862-0888 • from $279,000 Fly Condos 416-979-1333 from $310,000 Condo Living Store 416-979-1333 • U Condominiums 416-546-6605 • from $250,000 One Park West 416-955-0559 • from $406,000 Paintbox Condominiums paintboxcondos.ca • Festival Tower 416-203-2020 • from $350,000 X2 416-927-0080 • from $303,000 X2 416-927-0080 • from $303,000 Bisha Hotel & Residences 416-637-2211 • from $300,000 Art Condos 416-535-7775 • from $530,000 Two Old Mill 416-645-7022 • from $356,000 1717 Avenue Road 416-430-1717 from $1550,000 1717 Avenue Road 416-430-1717 • from $1295,000 Queen & Portland 416-363-4800 • from $315,000 5 St. Joseph 416-928-0555 • • from $250,000 5 St. Joseph 416-928-0555 • • from $250,000 DNA 3 416-929-1030 • from $220,000 Downtown 416-598-5088 • from $210,000 12 Degrees 416-408-1200 • from $350,000 The Berwick 416-922-9425 from $280,000 The Grove 416-824-3390 • from $840,000 Riverside Towns 416-214-2000 • from $400,000 Riverside Towns 416-214-2000 • from $400,000 KEW Beach Living 416-690-0101 • • from $350,000 KEW Beach Living 416-690-0101 • • from $350,000 The Mercer 416-597-6940 • from $350,000 Studio on Richmond 647-352-7736 • from $300,000 Backstage on the Esplanade 416-777-2533 Backstage on the Esplanade 416-777-2533 Vero verocondos.ca from $250,000 Theatre Park 416-422-0333 • from $380,000 Theatre Park 416-422-0333 • from $490,000 Tableau Condominiums 416-591-8887 • • from $450,000 Tableau Condominiums 416-591-8887 • • from $350,000 King Charlotte 416-422-0333 • from $466,000 King Charlotte 416-422-0333 • from $312,000 Tableau Condominiums tableaucondos.com • • from $350,000 Carmelina 416-423-8500 • from $250,000 Yorkville Condominiums 416-987-3222 • • from $550,000 The Bond Condominiums 416-546-7525 • • from $300,000 Showcase showcaseliving.ca • from $210,000 L Tower 416-777-2533 • from $410,000 707 Lofts 707Lofts.com • • from $255,000 King + Condos 416-366-5464 • from $304,000 thirtytwo Camden 416-860-0060 • from $240,000 8 Gladstone 416-690-9009 • from $250,000 133 Hazelton Residence 416-487-9863 • Model Suite of the Month 416-487-9863 • 210 Simcoe 210simcoe.com • Karma 416-551-2744 • from $180,000 Karma 416-551-2744 • Rise 416-546-7399 • from $290,000 Model Suite of the Month • Neon 416-987-7878 • from $210,000 The Carlaw 416-690-8588 • from $200,000 Nero 416-792-6418 • from $300,000 Allure Condominiums allurecondos.ca • from $350,000 Allure Condominiums allurecondos.ca • from $350,000 1000 Bay 416-485-3000 • FAD Condos 416-815-1818 • from $250,000 South Hill on Madison Condominiums southhillonmadison.com • from $200,000 INDX 416-987-4639 • INDX 416-987-4639 • The Carnaby 416-690-9009 • from $250,000 TUX greatgulf.com/register • from $250,000 Noir menkes.com • SIXTY Colborne 416-598-7775 • from $300,000 109OZ 416-531-4844 • from $300,000 The Hill 416-408-1200 • from $260,000 The Sterling thesterling1919.com • • from $200,000 101 Erskine 416--480-0700 • • from $285,000 Wallace Walk wallacewalktowns.com • from $210,000 The St Clements 416--778-7070 • • The Perry 416-926-7555 • from $390,000

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

Finder 13H 14E 16m 15I 15L 15L 15L 17I 14M 14M 14B 16J 14M 14M 9I 9I 14G 14G 14L 14L 23J 13i 20J 20J 15M 15M 17N 18L 15I 12K 18L 18L 13N 15I 15I 14J 17M 17M 9j 9J 14M 17L 14M 14m 15K 18J 18J M14 16J 16J 16m 12N 5L 13D 13D 15I 16J 16J 12N 15N 15L 14D 11O 19K 19K 24J 24J 15M 15M 17M 17M 17M 16M 16M 15L 15L 15L 15L 15L 23J 15G 15G 19K 17L 12K 16L 14L M12 14I 14I 15M 15K 15K 12H 12H 14D 19K 13L 14F 14F 15J 14M 13I 16M 16M 12M 15M 15M 16L 12M 11E 9L 14E 9L 21K

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

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torontoregionalmaps: Toronto, East York, York

# 30 32 41 46 52 52 52 54 55 55 57 62 64 64 66 66 70 70 73 73 74 78 81 81 83 83 88 94 99 100 101 101 102 103 103 104 106 106 109 109 110 114 115 115 118 120 120 122 126 126 128 130 131 132 132 134 135 135 136 139 141 142 143 144 144 145 145 148 150 151 151 151 152 152 153 153 153 153 153 154 155 155 156 157 160 163 165 170 173 173 175 182 182 184 184 185 186 187 188 188 190 191 193 195 195 197 198 198 200 207 208 210 216 217 218

097

1

2

3

4

5

6

7

8

A

9

10

11

12

13

14

15

16

17

18

101

Steeles Ave

19

20

23

24

124

96

25

26

121

99

33

b

21 22

North York c

14

400

2

135 37

124

40 8 50

128

4

5

1

401

d

6

28 43

123

e

34

401

21

3 122

f

130

98

125

132 25

g

95

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

torontoregionalmaps: North York

#

098

1 96 121 122 123 128 130 2 3 4 4 4 4 5 6 6 6 6 6 8 9 14 15 21 28 33 34 37 40 43 43 50 50 86 94 95 96 99 101 122 124 125 128 132

Builder

Concord Adex ELAD Canada Liberty Development Corp.

Lanterra Developments Brandy Lane Homes The Daniels Corporation Tribute Communities Torbel Group YYZed Project management Tridel Corporation Tridel Corporation Tridel Corporation Tridel Corporation Broccolini Concord Adex Concord Adex Concord Adex Concord Adex Concord Adex Conservatory Group Conservatory Group Torbel Group Emery Condominiums Tridel Corporation Tridel Corporation Castle Royale Development Malibu Investments Inc. Norstar Group of Companies Menkes Developments Inc. Monarch Corporation Monarch Corporation MintoUrban Communities Inc. Devron Developments Canderel/Stoneridge DHD Developments Aspen Ridge Homes ELAD Canada The Brown Group of Companies Kantium Development Lanterra Developments Tridel Corporation Fram Building Group The Daniels Corporation Fram Building Group/Cadillac Fairview

*TH: Townhomes, C: Condo

Site

Telephone

TH* C*

Price Range

Page

Opus 416-813-2999 • • 40-41 Dreamtower At Emerald City 416-492-0001 • from $245,000 77 World on Yonge 905-771-7010 • 36-37 Treviso II 416-787-8882 • from $220,000 25 The Station 416-398-9777 • from $420,000 75 NY2 416-221-3939 from $220,000 15 Canterbury 647-352-2130 • • from $700,000 65 The Avanti Condominiums 416-636-0400 from $375,000 VISTO vistocondos.ca from $220,000 Hullmark Centre 416-733-2883 • from $524,000 Avonshire Parkside 416-730-0300 • • from $579,000 Aristo at Avonshire 416-730-0300 • Aristo2 at Avonshire 416-730-0300 • from $299,000 Park Towns 416-868-0784 from $250,000 Tango at Concord Park Place 416-813-2999 • • from $236,000 Discovery at Concord Park Place 416-813-2999 • Discovery II at Concord Park Place 416-813-2999 • • from $210,000 Tango2 at Concord Park Place 416-813-2999 • from $265,000 Corporate 416-813-2999 • • from $210,000 Pearl Condominiums 416-512-1818 • from $200,000 Platinum Towers 416-512-1818 • from $340,000 Diva DivaCondo.com The Essential 905-887-4888 • from $250,000 Argento 416-663-1818 • Alto at Atria 416-645-8866 • from $288,000 The Palm Condominium Residences 416-306-1000 • from $400,000 Gramercy Park Condominium Residences 416-703-2202 • from $600,000 Portrait Condominiums 416-282-9600 • from $300,000 Gibson Square 416-730-9722 • from $363,000 Ultra at Heron’s Hill 416-495-3548 • from $200,000 Yorkland at Heron’s Hill 416-495-3548 • from $300,000 88 416-915-3805 • from $235,000 Flo Condominiums 647-799-0356 • from $250,000 Aura At College Park 416-962-8688 • from $500,000 Gooderham 416-361-1322 • from $410,000 Scenic on Eglinton 416-805-1781 • from $190,000 Emerald City Condominiums 416-492-0001 • from $250,000 Willow Park at Bayview 416-221-6767 • from $466,000 Posh Condominiums 905-771-0134 • from $544,000 Treviso Condominiums 416-787-8882 • from $200,000 Trio at Atria 416-645-8866 from $258,000 LIV Lofts 416-445-5638 • from $250,000 NY Place 416-221-3939 • from $250,000 Flaire Condos 416-445-8868 • from $320,000

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

Finder 22C 24C A18 12F 12D 19C 19F 17C 8E 18D 18D 18D 18D 19C 22C 22C 22C 22C 22C 17C 18C 11C 20E 22e 25D 17B 13E 13C 17C 25D 25D 18c 18c 16K 18l 23G 24C 21 16A 12F 24C 22F 19C 22F

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

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

1

2

3

4

5

6

8

26

e

Islington Ave

al

Kipling Ave

10

Bl

vd

1

401 2A

Westway

Rathburn Rd

19

8

44

45

d

Bloor St W

Queensway

70

11 53 3 56 39 4 37 6 33

Gardiner Expressway Evans Ave

Horner Ave

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

5 Park Lawn

35

50 14 51 34

Royal York Rd

Dundas St W

h

d

Etobicoke

409

Scarborough

ett R Scarl

ve nA

40

Dixon Rd

46

Builder gemterra Monarch Corporation Great Gulf Homes Lash Group of Companies Monarch Corporation Davies Smith Queenscorp Residences Liberty Development Corp.

City Core Lash Group of Companies Henderson Development Limited Monarch Corporation Conservatory Group Menkes Developments Inc. Pemberton Group Carttera Camrost - Felcorp Camrost - Felcorp Green Hill Homes Graywood/Beaverhall Development Mattamy Homes Georgian Empire Communities Monarch Corporation Empire Communities Beaverbrook Homes Tridel Corporation Amexon Development Corporation Monarch Corporation Tridel Corporation Tridel Corporation Tridel Corporation Edilcan Development Corp.

Edilcan Development Corp.

Edilcan Development Corp.

Remington Group/Brown Group Remington Group Remington Group Pemberton Group Alterra Homes/Finer Space Tridel Corporation Phantom Developments Your Home Developments VHL Developments Ltd. VHL Developments Ltd. Royale Grand Woodbine Developments MintoUrban Communities Inc. First Avenue Properties

25

d

62

QEW

*TH: Townhomes, C: Condo

24

nR

Martin Grove Rd

60

23

Finch Ave W

27

Av e

bio

Re

7

# 1 5 7 10 18 20 25 28 38 71 2 4 6 7 8 10 11 11 13 15 24 26 28 29 33 34 35 37 39 42 42 44 45 45 45 46 46 46 50 51 55 56 60 61 61 62 65 70

Al

23

ll R Mi

Da nf or th

21 22

Ranforth Dr

28

20

xd

Centennial

Ki

19

Passmore Ave

lva

Sy

18

East Ave Port Union Rd

Manse Rd

72

n

sto

RD

ng

Ki

Galloway Rd

St. Clair Ave 1

Orton Park Rd

Markham Rd

McCowan Rd

Bellamy Rd

Lawrence Ave E

Scarborough Golf Rd

n Dr

orto

17

427 Morrish Rd

71

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

Victoria Park

g

Progress Ave

Brim

Eglinton Ave E

f

29

16

Sheppard Ave E Conlins Rd

2

Brimley Rd

Warden Ave

Pharmacy Rd

e

61

Birchmount Rd

d

Kennedy Rd

Ellesmere Rd

401 Midland Ave

42 55 401 31

Milner Ave

15

Humberline Dr

3

14

Beare Rd

1

13

Meadowvale Rd

Sheppard Ave E

Ave

Morningside Ave

evin

McL

12 Reesor Rd

Huntingwood Dr

c

11 Sewells Rd

Finch Ave E

b

10

Neilson Rd

McNicoll Ave

9

Tapscott Rd

McCowan Rd

A

7

65

Lakeshore Blvd W

Site Telephone TH* C* Price Range Page Finder Love Condos 416-491-5683 • from $250,000 26 4C The Epicurean monarchgroup.net • from $250,000 Insert 23F One Sherway Condominiums 416-695-3535 • from $273,000 48-49 16G Cloud 9 Condominiums cloud9condos.ca • from $220,000 119 22B Lago 416-495-3544 • from $200,000 Insert 24c Eleven Superior 416-259-8882 • from $200,000 109 23C Watermark 416-354-2221 • from $320,000 107 19D Terrace on Danforth 416-987-7575 • 36-37 2F Harmony Village Sheppard 416-493-0123 from $238,000 81 2C Me 647-693-7563 • from $150,000 113 8D Centro 416-296-1898 • from $185,000 6D Nautilus at Waterview 416-495-3544 • from $400,000 25H Altitude 416-321-1659 • from $230,000 25H One Sherway Condominiums 416-695-3535 • from $273,000 16G Palais at Port Royal Place 416-239-8200 • from $260,000 23F Cloud 9 Condominiums cloud9condos.ca • from $220,000 22B ilofts at Mystic Pointe 416-251-8888 • from $310,000 25G California Condos 416-251-8888 • from $242,000 25g Princeton Manor 905-849-1818 from $210,000 6G Ocean Club 416-255-4663 • from $229,000 24C Summerside mattamyhomes.com • • from $159,000 3F King’s Way at Swansea Village 416-766-4683 • from $188,000 24G Eau Du Soleil empirecommunities.com/eaudusoleil • from $250,000 25B Encore 416-495-3543 • from $200,000 5D Beyond The Sea Star Tower Condominiums 416-979-1333 • • from $400,000 24H Evolution 416-747-9691 • from $250,000 22G Parc Nuvo at Essex 416-231-0999 • from $398,000 22g South Beach 416-252-3000 from $209,000 25H Waterscapes 416-495-3544 • from $390,000 26H Ventus at Metro Gate 416-293-5535 • from $344,000 4c Metrogate Townhomes 416-293-5535 • • from $427,000 4C West Village 416-620-1887 • from $260,000 21F One Valhalla 416-233-5554 • from $239,000 21F Thunderbird 416-233-5554 • from $240,000 21F Triumph At One Valhalla 416-233-5554 • from $230,000 21F IQ IQcondos.com • from $190,000 22G The Masters mastercondos.com • from $200,000 22G Park Towers at IQ 416-253-5838 • from $220,000 22G Vivid Condos 416-239-8200 • from $250,000 23F Westwood Condominiums westwoodAlterra.com • from $300,000 23F Avani At Metrogate 416-293-5535 • from $248,000 4C Jade Condominiums 416-762-8818 • from $250,000 24G Nature’s Path 416-745-6686 • • from $270,000 11E 2150 Condos 416-750-2150 • from $189,000 3E Haven On The Bluffs 416-2621-9555 • from $160,000 3E Lexington 416-638-8444 • from $240,000 21C South Shore mintosouthshore.com • from $300,000 22H Qube Condos 647-351-7823 • from $200,000 24G

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

099

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21 22

Va lle yP ar kw n Do

26

Park

Ave

o esh Lak W Blvd

y Valle D on ay Parkw

2

6

25

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20

11

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16

17 shore Lake W Blvd

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3

14

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Toronto Waterfront

h

waterfrontmaps: Toronto

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

100

#

Builder

4

tridel corporation

Aqualina at Bayside Toronto

Site

416-514-2710

Telephone

TH* C*

1

Pemberton Group

Park Lake Residences

416-769-4343

2

Monarch Corporation

Nautilus at Waterview -

3

Cresford Development Corp.

NXT2/Phase Two

3

Cresford Development Corp.

NXT at Windermere By The Lake

6

Plazacorp/Berkley Community

West Harbour City

7

Lifetime Homes

Price Range

•

Page

Finder 1

16E

• • from $250,000

3F

416-495-3544

• from $400,000

5f

416-977-5300

• • from $210,000

4E

416-977-5300

• • from $300,000

11f

westharbourcity.com

• from $327,000

13E

Waterparkcity – Neptune

416-203-3700

•

13f

8 Concord Adex

Grand Parade 2 at Concord CityPlace

416-813-0999

•

14f

8

Concord Adex

Quartz

416-813-0999

• •

14F

8

Concord Adex

ParadeTWO Tower Residences

416-813-0999

14f

• from $287,000

8

Concord Adex Grand Parade at Concord CityPlace

416-813-0999

• from 293,000

14F

8

Concord Adex

Panorama at Concord CityPlace

416-813-0999

• from $389,000

14F

8

Concord Adex

Panorama Elite Suites at Concord CityPlace

416-813-0999

• from $1,135,000

14F

8

Concord adex

ParadeTWO Park Collection at Concord CityPlace

416-813-0999

• from $308,000

14F

8

Concord Adex

Luna Vista at Concord CityPlace

416-813-0999

• from $2,213,000

14F

8

CONCORD ADEX

Spectra

416-813-0999

• •

9

Conservatory Group

14F

Infinity Condominiums

416-214-1988

• from $250,000

14f

11 URBAN CPITAL

River City 2

416-862-0505

• from $250,000

16E

14 CANALFA GROUP

Liberty Central by the Lake

416-537-0047

• from $200,000

10F

14 Canalfa Group

Liberty on the Park Condominiums

416-537-0047

• from $363,000

10F

15 Malibu investments inc.

LTD

416-601-2223

• from $200,000

12F

16 CAMROST FELDCORP California Condominiums

sunsetcondos.ca

• from $280,000

24C

18 Fernbrook Homes/Cityzen Dev.

416-367-3456

• from $300,000

11F

Pier 27 Residences On The Lake

21 GREAT GULF Monde *TH: Townhomes, C: Condo

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

mondegreatgulf.com

• • from $300,000

15E

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

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

TH* C*

Lake

Price Range

• from $200,000

monarchgroup.net

• from $280,000

Whitby • from $320,000 Oshawa

W

Rd

e or

ly Bay

E

W Rd e

La

5

United lands

Stonebrook Condominiums

905-822-8858

8

chestnut hill development

San Francisco By The Bay

905-831-3631

10 Pemberton Group

Bluwater Condominiums

11 Monarch Corp.

Manvers

Page

Finder

Scugog

416-259-8882 48

416-354-2221

og

Scug

109

23C

insert Newcastle 24C

107

19D

• from $270,000

9E

•

• from $180,000

23J

416-987-8800

• from $350,000

5J

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 $229,000

24C

empirecommunities.com/eaudusoleil

• from $210,000

25B

401

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

Rd

ge id Br

sh

ke

Park Rd S

Uxbridge

Watermark

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

Phillip Mur

Lindsay

Schomberg

28 EMPIRE COMMUNITIES Eau Du Soleil

Bloor St

Si

Whitby 7 Waterfront

Stevenson Rd

Wentworth St

Park Rd S

401

Gibb St

Thornton Rd

La

St

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Ro or ke

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W Rd ry De r

Bu

W

W sA ve le ee St

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King St W Bond St W

Centre St.

Up

Adelaide Ave

Kendalwood R

Telephone

8

Garrard Rd

48

Blair St

Cannington

Hopkins St

King

n

Bayly St E Georgina Island 33 caygeo Bob

Ajax-Whitby

a

Keswick

Shoal Point Rd

Georgina

Garden St Blair St

e 401

Brock St S Henry St Gordon St

Sim

Cochrane St

Dundas St E

Rossland Rd

Manning Rd

Town of Whitby

Bv

ke

La

McQuay

Townline Rd

Du

Dryden Bv Anderson St

or

eS co Sim

Stevenson Rd

Garden St

Baldwin St S

Taunton Rd W

Rossland Rd

25 queenscorp residences

*TH: Townhomes, C: Condo

To Os

Thornton Rd

Conlin Rd

Thickson Rd

25

Brock St N

th

Church St E

16 28

15 20 18

R

Country Lane

m

Garrard Rd

Baldwin St N

Park Lawn Cedarbrook T

Royal York Rd

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condo watch

continued…

previews & registrations Imagine Condos by insoho developments

Vibrant boutique condo living by acres of green at TTC, walk to GO. Register now.

Web: imaginecondos.com

The HUB

by Empire Communities

Live life on tomorrow’s fast lane, at this condo in a key Eg-West location. Register now.

Web: EmpireTheHub.com

365 Church

by Menkes

In the heart of the action. Coming soon to Church and Carlton. Register now.

Web: Menkes.com

The Britt

by Lanterra Developments

Condos with European flair coming soon to Bay and Wellesley. Register now.

Web: SunsetCondos.ca

California Condos

by Camrost Felcorp

416

Builders: If you would like to include your preview registration, new release or site opening in this feature, just email the details to susan.legge@wall2wallmedia.com

Register now for the Sunset Collection at California Condos in south Etobicoke.

Web: SunsetCondos.ca

The Carnaby

by Streetcar

Inspired by London; coming soon to trendy Queen West. Register now.

Web: CarnabyLofts.com

Cinema Tower

by Daniels

World-class condo in the heart of the Entertainment District. Register now.

Web: CinemaTowerCondos.com

Context King West

by Context

Coming soon to King West – community and design for everyone. Register now.

Web: ContextKingWest.ca

Dragon Condos

by Ideal Developments

Register now to enjoy “legendary living” at Dundas and Spadina.

Web: DragonCondos.com

Eau Du Soleil

by Empire Communities

Surfacing soon: one of Canada’s tallest and most iconic waterfront condos. Register online.

Web: EauDuSoleilCondos.com

The Epicurean

by Monarch Corp.

A stylish new condo for local foodies in Bloor West Village. Register now.

Web: MonarchGroup.net

Fabrik

by Menkes

Register now for this fashionable new condo, steps from Toronto’s trendy Fashion District.

Web: Menkes.com

FAD Condominiums

by Tri-Win

Fashion District Condominiums, coming soon to this trend-setting hot spot.

Web: FadCondo.ca 102 new Condo Guide june 15 - 29, 2013

Imperial Plaza

by Camrost Felcorp

Sixteen-foot loft living at Yonge and St. Clair.

Register today.

Web: 16FootLofts.ca/cg

Indx Condos

by Lifetime & CentreCourt Developments

Coming soon to Bay and Adelaide. Register now to stay informed.

Web: IndxCondos.com

Jade Waterfront Condos

by Phantom Developments

Opening soon on the Etobicoke waterfront. Register now to stay informed.

Web: JadeWaterfrontCondos.com

Noir Condos

by Menkes

Coming soon to the heart of Toronto, at Peter and King. Register now.

Web: Menkes.com

One Park Place

by Daniels Corp.

Now on sale, the “one” place to be in downtown east. Register now to stay informed.

Web: DanielsOneParkPlace.com

Sixty Colborne

by Freed Developments

A block from everything at King Street East and Church Street. Register now.

Web: SixtyColborne.com

South Hill on Madison

by Burnac

Coming soon to the coveted Casa Loma neighbourhood. Register now.

Web: SouthHillOnMadison.com

Tao

by SigNature Communities

Boutique condos on Bayview in Richmond Hill.

Coming soon.

Web: TaoCondos.ca

Ten York

by Tridel

Rising above it all at York and Harbour.

Register now for your private oasis.

Web: TenYork-condos.ca

Tux

by Great Gulf

Rising 40 storeys at King and Blue Jays Way. Take the next step – register now.

Web: GreatGulf.com/register

The Upper Canada Condominium

by State Building Group

Coming soon, affordable luxury at Avenue Road and Lonsdale. Register now.

Web: UpperCanadaCondo.com

Vivid

by Pemberton Group

Affordable luxury living at Bloor and Islington.

Register now.

Web: VividCondos.com

Yonge & Rich

by Great Gulf

Live at the centre of it all at Yonge and Richmond. Register for a preview.

Web: YongeandRich.com

Yorkville Plaza

by Camrost Felcorp

Grand opening at this iconic address.

Offering the best things in life right outside your door.

Web: YorkvillePlaza.com

condo profile

The Pinnacle on Adelaide Toronto’s Entertainment District enhanced

t

he Pinnacle on Adelaide is located at the hub of the ever-popular Entertainment District. The presence of two skyscraping cranes unequivocally marks the spot for The Pinnacle on Adelaide, a new landmark that is heading on up to 46 floors.

At the prominent corner of John St. and Adelaide St. West, living here defines what it is to exist within the advantages of a true urban setting, especially with the lively hustle and bustle at every turn and corner. As such, The Pinnacle on Adelaide showcases the much anticipated John Street Cultural Corridor which will widen the sidewalks to enhance the

104 new Condo Guide june 15 - 29, 2013

pedestrian experience, narrow the road to encourage the neighbourhood feel. The Pinnacle on Adelaide will be providing a courtyard plaza that is destined to headline this ultimate cultural endeavor.

The city’s core is very much where downtown Toronto has created a significant livability infrastructure purposefully designed to meet the pace of the “new now” in a universe of modern convenience. In the last 10 years, the entertainment district has gone through a series of changes, which has given it a wholehearted 180-degree transformation in its ambience.

In what feels like an overnight sensation, this area has become a dynamic residential neighbourhood full of high design, skyscraper architecture, a new class of urban restaurants and retail shopping.

At the prominent corner of John St. and Adelaide St. West, living here defines what it is to exist within the advantages of a true urban setting, especially with the lively hustle and bustle at every turn and corner.

Within The Pinnacle on Adelaide, downtown condo-living makes no compromise in lifestyle. In fact, with its overwhelming collection of unique and generous layouts of one- and two-bedroom suites, it welcomes generations of all ages to experience life in this very modern day and age.

Designed with a swagger that fuses contemporary cool with warm indulgence, there is no shortage of style as these suites display designer selected engineered hardwood flooring, crisp cabinetry and caesarstone countertops, sleek stainless steel appliances, chrome faucets, porcelain, ceramic and brilliant glass tile in the bathrooms and kitchen to name a few.

Topping the charts on everyoneâ&#x20AC;&#x2122;s wish list, are amenities spaces filled with social opportunities, good times, healthy workouts, and relaxing moments. The Pinnacle on Adelaide offers an ocean of conveniences such as the must-have 24-hour concierge, a dynamic party room, a zen-like outdoor terrace, private screening room, a serene swimming pool and hot tub, a rejuvenating sauna and an energetic fitness club.

With construction well underway, the streetscape of The Pinnacle on Adelaide is truly shaping up to fully immerse itself into this wonderful neighbourhood. Continuing to rise in the heart of the Entertainment District, The Pinnacle on Adelaide is looking forward to welcoming it first residentsâ&#x20AC;&#x2122; in the spring of 2014. Come visit, you donâ&#x20AC;&#x2122;t want to miss out!

june 15 - 29, 2013 new Condo Guide 105

IN THE NEWS

LOVE is in the air:

Scarborough families flock to LOVE Condominiums and Townhomes for preview event

More than 150 enthusiastic real estate professionals and interested

purchasers and their families attended LOVE Condominiums and Townhomes preview event last month.

At $200 less per sq. ft. than downtown Toronto, LOVE Condominiums and Townhomes offers an exclusive, peaceful garden oasis conveniently located in the middle of Scarborough’s buzzing urban centre.

Overlooking the Tam O’shanter golf course, LOVE is located in the heart of Scarborough’s vibrant family-oriented community at Kennedy and Sheppard, just down the street to the Pacific Mall.

As guests learned more about the new planned community, they were invited to explore the spacious open-concept model suite. Hors d’oeuvres with a Canadian Asian theme were served as a tribute to the diverse community. Catered by Michael Tong, Can-Asian bites included steamed salmon on black rice with Asian pesto, Kalbi beef rib eye on a croissant with Kimchi and maple pork belly with brandied pear compote in a steamed boa.

The response to the launch of LOVE Condominiums and Townhomes confirms Scarborough as a family destination. Seven of the top 40 schools within the GTA are within a 10-minute drive of LOVE, as well as the Birkdale Community Centre and the Yee Hong Centre for Geriatric Care.

Also close by is the Chinese Cultural Centre of Greater Toronto, the largest in North America, and the Chinese Professionals Association of Canada that hosts a full year calendar of events, featuring an annual summer festival of food, family activities and performances.

For those who work in and enjoy the bright city lights of Toronto, LOVE is only a 20-minute commute from Toronto’s downtown core and across the street from the proposed Sheppard LRT. 106 new Condo Guide june 15 - 29, 2013

“Scarborough is a hidden gem.

Young professionals and families alike are starting to realize everything it has to offer as a vibrant community. LOVE’s high design and central location is Gemterra’s investment in Scarborough,” says Yan Wang, owner of Gemterra Development Corp.

With more than 30 years of international experience in residential midrise and highrise developments, family owned and operated Gemterra is well rooted in construction and real estate. LOVE spearheads Gemterra’s current phase of family-oriented developments that caters to the Scarborough community.

“Gemterra is at the forefront of a real estate boom in Scarborough, giving the community what it wants,” says Linda Mitchell Young, vice-president, sales and marketing, at Baker Real Estate.

The model suite at LOVE showcases a multi-functional living space designed to accommodate a variety of lifestyles. Suites feature floor-to-ceiling windows, hardwood laminate and minimal hallway space, enhancing the open concept design.

Located on Bonis Ave, just North of Kennedy Rd. and Sheppard Ave. East. LOVE offers one- to twobedroom plus den suites ranging from 487 to 860 sq. ft., priced from the low $230,000s. Three-bedroom plus den LOVE townhomes range from 1,374 to 1,729 sq. ft. and start in the $470,000s. To register, visit lovecondominiums.com

NOW UNDER CONSTRUCTION

Ontario Home Builders’ Association Award Winner

THE MOST OUTSTANDING MID-RISE BUILDING IN 2012

t

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. With easy access to public transit and several major highways, Watermark promises to be the perfect place to call home.

NOW UNDER CONSTRUCTION

N

Long Branch

Thirty Fifth St.

FROM THE LOW Lake Shore Blvd. W.

Kipling Ave.

Brown’s Line

1 Bedroom t 1 Bedroom + Den t 2 Bedroom t 2 Bedroom + Den – from 649 sq.ft. to 1,225 sq.ft.

$300’s

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 1:00pm to 7:00pm Saturday, Sunday and Holidays 12:00pm to 5:00pm queenscorp.com

|

416.354.2221

t

NOW UNDER CONSTRUCTION t

Lake Shore Blvd. W.

NOW UNDER CONSTRUCTION

Long Branch

Thirty Fifth St.

Kipling Ave.

Brown’s Line

N

All prices & specifications are subject to change without notice. E.&O.E. All Illustrations are artist’s concept only. Brokers Protected - some conditions apply

107

IN THE NEWS

Empire Communities

opens The HUB sales centre // PHOTOS By Sonia Recchia (George Pimentel) centre right

Left to right Andrew Guizzetti, Daniel Guizzetti, Dan Flomen, Nick Alampi and Paul Golini bottom left

Zena Walsh, Empire Communitiesâ&#x20AC;&#x2122; director of marketing, highrise division

108

recently celebrated the opening of its new presentation centre for The HUB, the companyâ&#x20AC;&#x2122;s latest residential development.

Rising 16 storeys at the corner of Oakwood and Eglinton Avenue, The HUB will occupy a prime location on the Eglinton Crosstown light rail line.

Empire Communities

ER N! D UN CTIO W RU O N ST N O C

SUITES STARTING FROM THE LOW $200s

Limited time incentives. Call today!

Monday - Tuesday 2 pm - 7 pm Wednesday 1 pm - 6 pm Saturday & Sunday 11 am - 4 pm june 15 - 29, 2013 new Condo Guide 109

IN THE NEWS

PERSPECTIVE PUTS URBAN CHIC AMONG THE TREETOPS Stunning contemporary design is a custom fit for your life in Etobicoke’s best location

It’s hard to resist the views from the rooftop lounge at Perspective Condominiums by Pianosi Development Corp.

Treetops stretch into the distance, leading your gaze towards the downtown skyline. The CN Tower and surrounding skyscrapers punctuate the horizon, and serve as a spectacular reminder that you’re a quick dash to the core and yet embraced by parklands all around. The seemingly endless green atmosphere gives way to sparkling city lights and the finest outdoor amenities surround you with trails, flowers, lush fairways, as well as the rushing waters of the Humber River.

As a complement to the views, it pays to direct your attention towards the atmosphere at Perspective Condominiums. The unparalleled team at Bryon Patton & Associates have created a sky-high oasis for residents, with a gorgeous terrace that expands your living space with a wealth of options. Simply being social is at its heart, so seating is not only comfortable enough to encourage leisure, but also perfectly laid out for conversation and unity.

Entertaining is made effortless by outdoor cabanas, barbecues and shaded dining areas surrounded by gorgeous landscaping.

Whether you’re taking a private moment to reflect beside the Zen-inspired central waterfall or gathering your friends for an outdoor evening in front of the big screen TV, the rooftop terraces have been thoughtfully designed to fulfill whatever your desires may be.

Ground floor amenities, too, are designed to be played at your pace. Hit the fully outfitted fitness centre for a workout, or relax in the elegant lounge. Challenge your friends to a game of billiards, and take full advantage of the adjacent kitchen when snack time rolls around. Head for the media room with fully integrated theatre for a movie night or a championship game, or take on the golf simulator and perfect your swing. The sparkling indoor pool caters 110 new Condo Guide june 15 - 29, 2013

to any mood: curl up on a poolside lounge chair with a good novel, or dip in for some strenuous laps. When the evening is over, book the stylish guest suite and make your friends feel as much at home as you do.

With a perfect blend of sophisticated, modern ambiance and an inviting feel, appointments were chosen for how they engage the touch as well as for how they invite the eye.

Right from the lobby, where cool blues and warm woods meet contemporary art and lighting, and classic furnishings come with a modern twist, the Perspective allure starts at ground level and reaches to the sky.

At Scarlett Road and Eglinton, Perspective Condominiums comprises two classically styled glass towers on an elegant podium base. As testament to the community’s success, Perspective is currently under construction – and with Perspective 2 just released, it’s the perfect time to buy your future home at preconstruction. Location, value, great amenities and superior style, all starting at just $279,900, including parking space and locker.

Visit perspectivecondos.com to register, or visit the Sales Centre at 2893 Bloor St. W., Monday to Thursday, noon to 6 p.m. or Saturday and Sunday from noon to 5 p.m. Telephone: 416.242.3500.

5%

*

DOWN

NOW UNDER CONSTRUCTION Perspective Condominiums, Etobicokeâ&#x20AC;&#x2122;s Landmark community is building on the success of our first tower. Construction on building 1 is beginning, making way for the launch of our grand finale - Tower 2. Inspired and spacious interiors, truly spectacular panoramic park and city views, fabulous club like amenities including podium rooftop with outdoor dining and lounging areas, elegantly appointed suites with open concept kitchens, spa-like baths and grand terraces, itâ&#x20AC;&#x2122;s all here for you at Perspective.

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perspectivecondos.ca

416.242.3500

*On select suites only. Limited time only, see sales representatives for details.

Prices and specifications subject to change without notice. Renderings and images are for mood and impression only. E.&O.E 2013.

111

IN THE NEWS

Lash group of companies puts the spotlight on scarborough Toronto’s east end anxiously awaits ME!

Lash Group of Companies is getting ready to launch ME, a gorgeous new community that combines contemporary urban design and the finest lifestyle amenities with a location that’s about to burst with new life.

Blazing the trail to the east,

All manner of schools are nearby, including Centennial College and U of T campuses. Perfect opportunities to enhance family life are close; including quality daycares, houses of worship, medical centres and veterinary clinics.

ME stands for Markham and Ellesmere, a neighbourhood that already offers amazing opportunities for residents who want to hop on the highway and be downtown quickly, or out of town just as fast; who want transit at the doorstep and a full roster of convenient services; who want to shop till they drop with all the one-stop convenience of the big, bright, newly renovated Scarborough Town Centre; and who are looking to complement an active lifestyle with an abundance of parks and paths.

The number and variety of parks alone is staggering, from cosy spaces for a quick evening walk 112 new Condo Guide june 15 - 29, 2013

with the dog to the big urban oases of Morningside Park and Highland Creek, to the vast Rouge River Valley and the grand Scarborough Bluffs, each offering a unique character and a variety of outdoor activities.

All manner of schools are nearby, including Centennial College and U of T campuses. Perfect opportunities to enhance family life are close; including quality daycares, houses of worship, medical centres and veterinary clinics. If it’s a good meal you’re after, there’s an option for every mood, including Thai, Italian, Indian, classic British-style fish and chips and great burgers, all without even getting in the car.

Forming the heart of this rich corner of the city, ME is one of the most highly anticipated community launches of the year. Elegant contemporary architecture by Turner Fleisher Architects, and the award-winning Tanner Hill & Associates designing the interiors and amenities, add up to incomparable style, complete with lush landscaping and a sparkling water feature (which becomes a skating area in the winter!) in the tree-lined courtyard. With suites starting at $149,900, absolutely everything at the doorstep, and the security of the family-run Lash Group of Companies and its five-decade history behind it, ME is poised to offer smart buyers the perfect gateway to life in this dynamic neighbourhood. Look east and see Scarborough in a whole new light! Register now at meliving.ca

COMING SOON

register today

community for the most anticipated

of the year

Be among the first to preview Scarboroughâ&#x20AC;&#x2122;s newest master planned community.

ME condos has been perfectly designed from the outside in with a fusion of contemporary excitement and sleek architectural design. Located in an established neighbourhood at Markham Road and Ellesmere, ME condos is convenient to everything - Highways, schools, shopping and transit. So what are you waiting for?

, 149 990

$

FROM

register today

meliving.ca or call 416.430.0003 Prices and specifications are subject to change without notice. Exclusive Listing Broker, The Condo Store Realty Inc., Brokerage.

Brokers Protected. E.&O.E. 2013.

june 15 - 29, 2013 new Condo Guide 113

hot topic

// By Anthony Jong

Yonge & Eglinton – a hub outside the central core

O

Anthony Jong BA (Hons), M. Arch. is a broker who specializes in residential homes, condos and commercial properties. He can be reached at anthonyjong@live.com, online at: anthonyjong.ca, and by phone at 416.836.2821.

114 new Condo Guide june 15 - 29, 2013

ne of the fastest growing neighborhoods in Toronto is Midtown.

Situated at Yonge St. and Eglinton Ave., it is also known as “Yonge and Eg” or “Young and Eligible.” Midtown is a conglomerate of mixed residential types, office buildings, restaurants, retail stores, schools and the TTC subway.

In the late 1800s this area was the largest region of cattle grazing in Southern Ontario. This was the first area in North America to use cowbells on cattle. Just east of Yonge St. is a street named “Cowbell Lane,” so-named to keep the heritage roots of the neighbourhood. Slowly but surely, businesses and residences flocked to this area. Yonge and Eglinton experienced a further boom in 1954 when the subway station opened and became the most northerly point of the Yonge subway line in Toronto at the time.

Yonge and Eglinton has gradually increased in population since 2001. The majority of its residents are from the working class between 25 and 64 years old. Numbers show that retired couples and families with children are choosing this area as well. The reason increase is the location of highly rated schools within this neighbourhood. Schools from the Toronto District School Board (TDSB) include Eglinton Junior PS, John Fisher Junior PS, Northern Secondary, North Toronto Collegiate Institute and Forest Hill Collegiate Institute. Several private schools round out the list. For a complete list, go to tdsb.on.ca and fraserinstitute.org for school boundaries and ratings.

Other amenities include easy access to public transportation, restaurants and bars, retail outlets, offices and a significant amount of greenspaces. The TTC station at Yonge and Eglinton houses both the subway and a bus terminal.

The subway line extension from the downtown core to Eglinton in 1954 made this neighbourhood flourish. Plans are underway by TTC to build a LRT that will extend from Black Creek into Scarborough along Eglinton Avenue, generating development and investment opportunities in the area.

At rush hour Yonge and Eglinton, pedestrian traffic rivals that of Yonge-

link between north, south, east and west of the city. New residential construction and addition of the LRT at Yonge and Eglinton can only improve and grow in the next five to 10 years,” says Veronika Belovich, executive marketing director of Bazis Inc.

Bloor and Yonge-Dundas. Restaurants, retail stores and offices abound. The area is bustling in all directions. Foodies enjoy an abundance of international cuisines. With Japanese, Chinese, Thai, Brazilian, Italian, Portuguese and traditional Irish pubs, residents of the area will not suffer from lack of choice.

There is also an abundance bars and coffee shops in the area to complement the nightlife of urbanites seeking entertainment after work.

Yonge and Eglinton is also known for its retail shopping and offices.

Along Yonge St. are retail stores and boutiques that offer local, domestic and international brands. Along this retail strip, three large office complexes, Canada Square, interconnect underground to the subway. This commercial complex is home to a movie theatre, retail, restaurants and major tenants such as Canadian Tire, YMCA GTA, TVO, and UNICEF. Across the street, RioCan’s Yonge Eglinton Centre houses 75 retail stores, two office towers, another movie theatre and a 24-hour supermarket. There is a combined total of 41 floors and more than 900,000 sq. ft. of office space. That translates into 4,500 white-collar area employees thereby creating a high-density and self-sustaining neighbourhood.

Surprisingly, within all of this density is highly accessible greenspace. Just West of Yonge St. is the area’s largest field park where local baseball teams and pet owners spend many of their summer weekends. Alexander Muir Memorial Gardens is 1.5 km North from the Yonge Eglinton intersection. This greenspace, perfect for morning joggers and afternoon strollers, has a nature trail that extends to Blythwood Ravine Park and Sherwood Park. Another popular trail is the Kay Gardiner Beltline south of Eglinton. This bicyclists’ delight begins in the historically beautiful Mount Pleasant cemetery and extends all the way to the Allen Expressway.

E Condos by Bazis, Metropia and RioCan Numerous condominium developments are slated to be complete in the next five years. Led by a trio of influential developers, Bazis, Metropia, E Condos will definitely appeal to buyers who are looking for modern luxury at Yonge and Eglinton. E’s towers consist of 38 and 64 stories atop the base of a public piazza at ground level and with bold red-cantilevered strips that punctuate the 31st floor.

State-of-the-art amenities will include a fitness centre, party rooms that include a gourmet kitchen, dining areas, party and tech lounges. Serene outdoor terraces with barbecues and sunbathing beds will be perfect for summer parties. Best of all, pending approval, it will include direct access to the Yonge subway and Eglinton LRT. “Neighbourhood will become an essential

2221 Yonge Condominiums

by Tower Hill Development This Project was recently released to the public and will be another fabulous addition to the bustling neighbourhood at Yonge and Eglinton. Developed by one of GTA’s premier builders, Tower Hill Development has enlisted world-renowned New York-based Pei Partnerships under the direction of Sandi Pei, one of two sons of legendary architect IM Pei. As Tower Hill Development’s Vice-President Russell Masters explains: “This elegant, luxury tower epitomizes our key principals as a developer and will bring something extraordinary to this amazing neighbourhood. We try to create buildings that are livable, unique and will stand the test of time.”

Rising 56 stories above ground, the tower sits atop a six-storey podium of interspersed pockets of outdoor spaces.

With so many highrise condos going up these days, Tower Hill Development desired an architecturally distinctive residential project.

“We sought to distinguish this project from ubiquitous glass tower schemes by highlighting its wraparound balconies as a unique design feature rather than appendages to a large glass mass,” says Sandi Pei. The result will be large glass balconies with upturned concrete edges that offer an abstract pattern on the north and south facades and form a focal point of the exterior.

High-end amenities will include a virtuous oasis Wet Spa featuring warm, hot and massage pools and the Rooftop Sky Lounge, an expanse of outdoor terrace space. Media rooms, june 15 - 29, 2013 new Condo Guide 115

fitness studios and outdoor barbecue areas with fireplaces and cabanas round out this world-class facility.

155 Redpath by Freed Development and CD Capital Situated at Redpath and Roehampton Avenues, this 36-storey residence will be constructed by 2017 in the Yonge and Eglinton neighbourhood. Developer Peter Freed has an arsenal of condo projects around the King St. West neighbourhood in downtown Toronto. With the expansion of the Yonge and Eglinton area, Freed took this opportunity to venture into an area with CD Capital, in which he believes has enormous growth potential. “For every individual interested in buying in King West, I think there’d be 20 people interested in buying at Yonge and Eglinton, by virtue of the transit and existing infrastructure,” Freed told the Toronto Star recently.

The four elements of our planet – earth, wind, water and fire – dominate the design process of this ultra sleek, ultra modern condo development. Zen-inspired features will filter into the common areas and amenities creating an urban oasis. Residents will experience a waterfall and fire pit in the outdoor area, coupled with ample greenspace and an indoor-outdoor yoga studio.

Framed views were delicately considered and designed by the purpose of promoting the calmness of its surrounding landscape that each residence will experience.

The ninth floor amenities further enhance the indooroutdoor tranquility, which includes an outdoor pool and whirlpool, outdoor shower, sunbathing lounge, gas firepit lounge and dining area for a nice afternoon delight.

116 new Condo Guide june 15 - 29, 2013

30 Roe by Minto The 2012 Ontario Builder of the Year by Ontario Home Builders’ Association was awarded to Minto. Currently under construction is Minto30Roe. This 34-storey building is Minto’s fusion of extravagance and innovation at Yonge and Eglinton’s next “landmark address.” The glass tower rests above a six-storey podium of state-of-the-art amenities, a breathtaking lobby and an exclusive collection of townhomes that are sure to attract buyers with larger families.

One of the leaders in sustainable architecture, Minto 30 Roe is a Leadership in Energy and Environmental Design (LEED) GOLD Candidate that incorporates innovative mechanics to improve energy efficiency and sustainability. In fact, it will add to an already impressive portfolio of LEED certified buildings under the Minto name, including MintoMidtown at Yonge and Eglinton, now the largest LEED certified development in North America.

The long list of amenities include a courtyard for outdoor gatherings and barbecue, the 30 Lounge with Catering Kitchen, a wifi lounge, a conference room and more green space on the third floor. Fitness gurus will fall in love with Minto30Roe, as it will be one of the leading fitness centres in Toronto. Managed by one of the leading fitness and training providers, Benchmark, this centre will include training rooms for yoga, Pilates, TRX and GRAVITY. High-end equipment will be meticulously selected to ensure optimal training that is open 24 hours a day.

Yonge and Eglinton is a rapidly expanding neighbourhood within our city. The mixture of office buildings, retail stores, restaurants, schools, public transit and abundant green spaces is the formula for prime investment potential in real estate. The city of Toronto is recognizing that infrastructure development is key to supporting the continuous growth of this area. It is no coincidence that developers have long recognized the potential of this area. It becoming one of Toronto’s most sought after urban neighbourhoods.

E Condos

30 Roe

Bazis, Metropia, RioCan econdos.ca 416.243.8688 2300 Yonge St., Lobby

Minto minto30roe.com 416.915.3812 2345 Yonge St. (Besides Shopper’s Drug Mart)

2221 Yonge Tower Hill Development 2221yonge.com 647.350.2221 2221 Yonge St., Suite 100

155 Redpath Freed Development redpathcondos.com 416.996.5428 2239 Yonge St., Unit 100

The Madison Madison Homes madisoncondos.ca 416.482.8090 90 Eglinton Ave. E.

THE LAST PHASE OF THE BROWNSTONES IN DAVENPORT VILLAGE IS COMING SOON Featuring 2 Bedroom layouts with outdoor patio or 2 Bedroom + Loft designs with rooftop sundeck, these homes offer incredible lifestyle in the City. Conveniently located close to transit, shopping, schools and the newly opened Davenport Village Park across the street.

Register today for your Priority Preview Opportunity before the Grand Public Opening.

BROWNSTONES5.COM

Prices and specifications subject to change without notice. E. & O.E. 2013.

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INCLUDING PARKING june 15 - 29, 2013 new Condo Guide 117

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118 new Condo Guide june 15 - 29, 2013

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Choose from an IKEA Gift Card, Cash Back Program, Easy Deposit Plan or Upgrades. Life on Cloud9 includes the exceptional rooftop Club9, indoor pool, party room, fitness centre, outdoor lounge and so much more. The time to buy is now to take advantage of our special buyer’s incentive bonus package. Also, visit our Sales Centre for a chance to win a 2013 Dodge Caravan.

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*Offer valid on the purchase of a condominium at Cloud9. Million dollar giveaway represents the value of approximately 50 condos with an approximate bonus package up to $20,000 each. Offer is for a limited time only and may be withdrawn at any time without notice. **Full contest details re the Win A Van Contest available at the Presentation Centre or on our website cloud9condos.ca/contestrules. See Sales Representative for complete details. Prices and specifications subject to change without notice. Exclusive listing broker, The Condo Store realty Inc., Brokerage.

Brokers Protected. E.&O.E. 2013. june 15 - 29, 2013 new Condo Guide 119

in the news

START YOUR OCEAN CLUB LIFE on the water with only 10 per cent down Amazing opportunity to buy in Etobicoke’s most successful waterfront condominium community

Everybody says it: It’s not the mortgage that keeps them renting, it’s saving up for the down payment. But now, for a limited time, you can own a suite at Ocean Club, Etobicoke’s best-selling waterfront community, with just 10 per cent down. Just a five per cent initial deposit plus another five per cent in 90 days – and not another cent until closing – will put you in a distinctive suite in this urban resort community on the shores of Humber Bay. A capped mortgage rate with a Schedule 1 bank is available too, which buys even more: peace of mind. No guesswork, and no worrying about what might happen down the road.

With this unique opportunity, Graywood Developments Ltd. has opened the door to home ownership at this stylish condominium, where an elegant 37-storey tower and eight-storey boutique building by esteemed architects Page + Steele/IBI offer amenities that help make it feel like an oceanfront resort: state-of-the-art fitness centres, pet grooming rooms, guest suites and TV lounges in each building, plus a stunning shared indoor saltwater pool with 120 new Condo Guide june 15 - 29, 2013

cascading hot tub and wraparound outdoor deck; private dining room with outdoor terrace; billiards room; and a 24//7 concierge to whisk away your every worry. A chic bistro right at the base of the building offers unobstructed water views.

Here’s another amazing thing you should know about Ocean Club – suites start in the low $200’s.

With features, fixtures and amenities that surpass many downtown condos without the downtown price, Ocean Club gives residents access to the core within minutes, as well as quick, easy access to High Park and an amazing trail system along the Humber River that starts at the lake and extends well into 905 country. Add in our extensive waterfront trail system and a host of golf courses, and it might not be what you’ve come to expect from city living, but you’ll get used to it in no time!

Visit oceanclubcondos.ca or call 416.255.4661 to book a viewing appointment, and find out how 10 per cent down can change your life today.

money matters

// by gail vaz-oxlade

Unhappiness & the Fear of Not Fitting In

I 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

There are actually people out there who believe that using credit is “normal,” that it’s what they should be doing. After all, their parents did it, their brother’s doing it, so is their best friend. In fact, most of the people they know are doing it.

122 new Condo Guide june 15 - 29, 2013

Social pressure to conform isn’t in your imagination.

It’s real.

f it’s such common sense to spend only what you can afford, why do so many people spend money they don’t have – use credit, in other words – to buy things they want?

Think about it for a minute. Why did you whip out your credit card and pay for that meal in a restaurant, pair of new shoes or groceries? Why did you buy that big screen TV on a buy-now-pay-later program? Why did you use your line of credit to pay off your credit card? Be honest. Why? People want to maintain lifestyles they can’t afford. Whether it is the social pressure to conform, our own sense of entitlement, or a disregard for the potential risk we place ourselves in when we use credit to buy stuff, we’re delusional.

There are actually people out there who believe that using credit is “normal,” that it’s what they should be doing. After all, their parents did it, their brother’s doing it, so is their best friend. In fact, most of the people they know are doing it.

It’s as if people are afraid to just be. They have to drive the right car, go on an annual cruise, have new leather furniture, watch a high-definition, bigscreen television, eat out three or four times a week, drink the best Scotch, or consume store-bought coffee every day. And they’re willing to exchange hours, days, months, years of peace of mind for the momentary high that comes with the new acquisition. Whazzup with that?

Social pressure to conform isn’t in your imagination. It’s real. But if you submit, if you’re willing to live a life of smoke and mirrors, if you want it all right now, then you need to accept that you’re creating a miserable life for yourself. It’s only a matter of time before the piper comes a-knocking.

One way to gain some perspective is to ask yourself (and your partner) what it is you really want in life. If you only had six months left on this sweet earth, what would you want to be doing? Would you be shopping for new furniture? Would the kind of car you drive really make a difference? How about the handbag you’re carrying?

I often talk to my daughter, Alex, about how important it is to live a worthwhile life: A life that brings challenge and love, that allows you to share, to laugh and to be happy.

So, what are the things that make your life worthwhile? And what are you doing to put more of the things that make you happy into your life?

Want a great book to read on happiness. Read The Happiness Hypothesis: Finding Modern Truth in Ancient Wisdom by Jonathan Haidt, Associate Professor of Psychology University of Virginia.

Terrific book. Lots of great ideas on what makes us happy and what you can do to be happier.

If you love your life (as opposed to your stuff), relish the time you spend working, look forward to seeing the people you share your space with, and feel as if you’re making a difference, I don’t think the

Social pressure to conform isn’t in your imagination. It’s real. But if you submit, if you’re willing to live a life of smoke and mirrors, if you want it all right now, then you need to accept that you’re creating a miserable life for yourself. kind of car you drive, whether you have a big-screen TV, or how often you eat in a fancy restaurant will mean much. If you can focus on creating the life you want, taking small steps to achieve your goals and finding a way to laugh while you’re doing it, I’m willing to bet you won’t even miss your credit cards.

As Haidt’s website (happinesshypothesis.com) says, “Happiness is not the shallow state of feeling pleased and chipper all the time. Happiness is the state of a human being that has achieved cross-level coherence within herself, and between herself and the people, challenges and institutions around her. Happiness comes from between.”

june 15 - 29, 2013 new Condo Guide 123

Scrumpdillyicious

Leslie Styles, foodie and travel aficionado, shares some delicious dishes found on her travels around the world

Grilled Asian five-spice chicken Directions Mix the five-spice powder, 1 tbsp of the sugar, garlic and the salt in a small bowl. In another bowl, mix the soy sauce, vinegar, sesame oil, ginger, red pepper flakes and remaining 1 tsp sugar.

Put the chicken in a shallow pan, or a plastic baggie, drizzle with the vegetable oil, and toss to coat evenly. Sprinkle the spice mixture over the chicken; toss and rub to coat thoroughly. The chicken can be made ahead up this point and refrigerated until needed.

Once you’re ready, grill the chicken on the BBQ until one side has dark grill marks, about 4-6 minutes. Turn and continue to grill until well marked on the other sides and cooked through.

these Asian-inspired chicken thighs grill up wonderfully tender and flavorful, and take only minutes to prepare. Chinese five-spice powder is an aromatic blend of spices that have the five different flavors: sweet, sour, bitter, pungent, and salty. For this recipe, the five-spice, brown sugar, minced garlic and salt are turned into a rub for the chicken. After grilling, the chicken thighs are tossed with soy sauce, rice vinegar, sesame oil, fresh ginger and crushed red pepper, then sprinkled with freshly chopped cilantro. Full flavoured and delightfully robust, the five-spice marinade gives the chicken a real kick without being too hot.

Absolutely delicious, Grilled Five-Spice Chicken presents beautifully too! To round out the meal, you could serve the grilled chicken with some steamed jasmine rice or a a crunchy Asian slaw.

ingredients

Move the thighs to a serving dish.

Drizzle with about half of the soy mixture, sprinkle with the cilantro, and toss to coat. Let rest 4 to 5 minutes, tossing once or twice. Serve hot, warm, or at room temperature, with the remaining soy mixture passed at the table.

Makes 1 split-layer cake

› 2 tbsp Chinese five-spice powder › 1 tbsp plus 1 tsp dark brown sugar › 1 tsp minced garlic › 3/4 tsp salt 124 new Condo Guide june 15 - 29, 2013

› 2 tbsp soy sauce › 2 tsp rice vinegar › 1 tsp Asian sesame oil › 1 tsp fresh ginger, minced › 1/4 tsp crushed red pepper flakes

› 2 lb boneless, skinless chicken thighs or breasts, trimmed of excess fat › 2 tbsp vegetable oil; more for the grill › 3 tbsp chopped cilantro

Leslie Styles is president of Styles Design Inc., a Toronto-based branding and communications agency, and author of Scrumpdillyicious, a food & travel blog dedicated to all things delicious. She can be reached at stylesdesign.net and scrumpdillyicious.blogspot.com

125

decorating tips

Small bathroom?

// by Jackie Morra

Think outside the (tiled) box

A Designer, Jackie Morra is a celebrity guest speaker at numerous events, has appeared on TV and has written décor articles that have been featured nationally. More information about Jackie is available at jackiemorrainteriors.com

small bathroom can be a challenging space to renovate and redesign, particularly when you are trying to juggle style and functionality.

But redesigning a bathroom is all about using the space efficiently, based on your own requirements. Do you shower or take baths? Is your bathroom a shared space that is high traffic? Is storage and/or clutter an issue? Are you trying to create a certain feel in the room? All of these are valid concerns in creating a multi-functional bathroom While it takes some know-how, product ingenuity and creativity to think outside of that tiled, diminutive box, there are several ways to make your water closet feel more spacious, comfortable and organized:

› Image is Everything Reflective surfaces will help offer a feeling of

openness in the room making the space seem more expansive, especially if there isn’t any natural light filtering in. Consider a wall-hung mirrored cabinet that will provide additional storage as well as reflectivity.

Generally, a bigger mirror will create a room with a more open feeling by reflecting light throughout. It’s also easier to share a huge mirror during the morning rush, when time is a commodity. › More is Less Having more storage means less clutter. Vanities with

multiple purposes, that have plenty of drawers, and that take up a small footprint in the bathroom can make all the difference for maximizing storage. Using vanities that are mounted on the wall provides more floor space, making the area seem larger. The use of shelving above the vanity can also offer much needed storage. Other options include recessed cabinetry and shelving, over-the-toilet shelving, and strategically placed hooks and racks.

› Layout If budget and time permit, redesigning the bathroom layout is a way to optimize everyone’s needs. A bathtub that is underused is space consuming and can be replaced by an enclosed shower that takes up half the space. Adding glass enclosures to the shower further creates a sense of space. Another common dilemma in tight surroundings is the swing of a door; this is where the integration of pocket or sliding entry doors would be a welcome change. Even the addition of a window or skylight (if allowed by the building) can be a great source of natural light. › Paint and Tile Colour For smaller spaces, select lighter, monochromatic

paint and tile colours to create an open space through seamless transitions. Use the same tone of tile on the floor, backsplash and shower/ tub surrounds. Having too many contrasting hues in a room will only

126 new Condo Guide june 15 - 29, 2013

Lack of space does not have to be a limitation; instead in can be an opportunity to showcase your own style, resourcefulness and ingenuity.

accentuate a compartmentalized feeling. In a smaller space, areas should complement one other, not stand out on their own. Making the palette monochromatic allows areas to play off each another, with one flowing into the next. Bolder complimentary and contrasting colours can be used in areas such as accessories, artwork and towels. â&#x20AC;ş Bright Ideas Illuminating a space with proper

lighting that is functional and versatile is key to space perception. The lighting in a bathroom should be unobtrusive; dangling ceiling fixtures or large protruding wall sconces accentuate the lack of space.

It is best to use recessed task lighting in specific areas like the shower and above the sink, vanity and toilet.

Having the lighting on a dimmer can also help control the feel of the room to prevent glare and control overhead light intensity.

â&#x20AC;ş Perception is Reality

An organized, neat bathroom always appears more expansive and spacious than one that is unkempt and messy. Be sure to put everything in its place and remove any clutter. Keep only the necessities on the counter and shelves. Avoid displaying decorative soaps, creams, and potpourris that are seldom used and collect dust.

Once a year, clear out all expired and unused products, toiletries and medications to free up space.

Lack of space does not have to be a limitation; instead, in can be an opportunity to showcase your style, resourcefulness and ingenuity.

june 15 - 29, 2013 new Condo Guide 127

condo watch

previews & registrations West Tower

by The Daniels Corp.

Coming soon: The dawn of a new landmark community in Erin Mills.

Web: DanielsErinMills.com

A master-planned urban community in Richmond Hill Web: SkyCityCondos.com

Centro Square

by Liberty Development

Upper Village Markham

by Greenpark

A master-planned community in the heart of Woodbridge. Register now for Phase 2.

Web: CentroSquare.ca

The Clairington

by Castleridge Homes

Active adult living in a parkside condominium in Brampton.

Web: TheClairingtonCondos.com

905 Builders: If you would like to include your preview registration, new release or site opening in this feature, just email the details to susan.legge@wall2wallmedia.com

Courtyards of Maple

by Marino/Intercity/TriAxis

European-inspired condos coming soon to Maple. Register now to stay informed.

Web: CourtyardsOfMaple.com

Downtown Erin Mills

by Pemberton Group

Coming soon to Erin Mills: condo living with a downtown vibe. Register now.

Web: DowntownErinMills.com

Fairground Lofts

by Wycliffe Homes

Urban lofts are coming to Woodbridge Village.

Register now for preview.

Web: FairgroundLofts.ca

Grand Palace

by Guizzetti Corp.

Register now for the timeless art of living!

Now under construction.

Web: GrandPalace.ca

Park City Condominiums

By Tobyn Park Homes

Currently in pre-construction at Walkers Line and Upper Middle Road in Burlington.

Register now.

Web: ParkCityLiving.ca

Pinnacle Uptown

by Pinnacle International

Construction has started on Mississauga’s live-work-play community. Register today.

Web: PinnacleUptown.com

Rain Condominiums

by Empire Communities

Coming soon to Oakville – the South Tower at Rain Condominiums. Register now.

Web: RainCondos.com

128 new Condo Guide june 15 - 29, 2013

Skycity Condominiums

by Pemberton Group

Now registering, UV2 – the North Tower.

South Tower is already 90 per cent sold and under construction.

Web: UV2.com

Windows on the Green

by Vandyk Communities

A beautiful selection of condos coming soon to Mississauga on Erin Mills Parkway.

Web: WindowsOnTheGreen.ca

Legacy Park

by Liberty Development

Register now for the Grand Finale at Thornhill City Centre – iconic architecture, urban suite designs and fabulous park views.

Web: LegacyParkCondos.com

new releases & grand openings Allegra

by Nova Trimax

Affordable luxury, steps from the Village of Woodbridge. Construction started on Phase 1.

Web: AllegraCondos.com

Garden Court Condos

by Monarch

Now open in Markham. Visit the Experience Centre at 10350 Woodbine Ave. Web: MonarchGroup.net

PSV2 & Parkside Village Townhomes

by Amacon Developments

Offering the convenience of downtown living with the tranquility of a suburban context.

Grand opening.

Web: LifeAtParkside.com

GTA Edition June 15 - 29, 2013

Your complete source for condos, lofts and townhomes in the 905 region

IN THIS SECTION Maps and listings for new condo communities in the 905 region Builder news and the latest in condos in the 905

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17 Pemberton Group

Downtown Erin Mills Condominiums

30 Pinnacle International

Pinnacle Grand Park 2

45 Empire Communities

Rain Condominiums

TH* C*

905-273-9333

Price Range

•

Page

Finder 91

18M

PembertonGroup.com

•

from $320,000

9

6C

905-276-3981

•

from $250,000

137

20L

raincondos.com

•

from $260,000

133

17Q

905-603-6300

•

from $250,000

16M

1

Pemberton Group

Miracle in Mississauga

The Daniels Corporation

FirstHome™ Hazelton Place Phase Two

2

The Daniels Corporation

FirstHome™ Long Valley Phase Two

905-814-0123

•

from $279,000

15M

3

Castle Group

Tuscany Gates

905-501-9557

•

from $340,000

20J

4

Conservatory Group

Mirage

905-232-2400

•

from $250,000

20K

6

Conservatory Group

Widesuites

905-897-8536

•

from $375,000

21K

8

Fernbrook Homes

Absolute Vision

905-803-0556

•

from $188,000

21k

8

Cityzen

Absolute Vision

905-803-0556

from $188,000

21K

•

21K

•

10 AMACON

The Residences at Parkside Village

lifeatparkside.com

12 Alterra Homes

Renaissance in Olde Brampton

905-454-7222

•

from $215,000

13d

12 Alterra Homes

Renaissance in Olde Brampton

905-454-7222

•

from $215,000

13d

14 Pemberton Group

Rosedale Village Golf & Country Club

905-799-5000

•

from $190,000

12e

16 Vandyk Communities

Windows on the Green

905-822-3333

from $270,000

17M

18 Retirement Lifestyle Communities

Palisades on the Glen

905-820-8210

•

from $290,000

17M

19 United Lands

Stonebrook II

905-822-8858

•

22n

21 Casino Bay Dev. Corp./Toddglen

Panoramic Point at Brewery Bay

27 Inzola Group

•

1-866-611-5525

•

from $264,000

7Q

Park Place

905-451-7001

•

from $310,000

14G

30 Pinnacle International

Pinnacle Grand Park

905-276-3981

•

from $250,000

20L

31 Pemberton Group

Bluwater Condos

416-987-8800

•

from $350,000

17T

32 Armour Heights Developments

River’s Edge

905-533-2400

•

from $285,000

14A

34 Pinnacle International

Pinnacle Uptown, Crystal 2

905-568-9000

•

from $250,000

19K

35 Ashley Oaks Group

Emporium at Joshua Creek

905-618-0660

from $200,000

17P

36 Mady Development

Market Town Condominiums

705-719-1222

•

from $144,000

5r

38 Tridel Corporation

Metrogate - Ventus 2

416-293-5535

•

•

from $302,000

19J

38 Tridel Corporation

Ventus at Metrogate

416-293-5535

•

•

from $344,000

19J

39 The Daniels Corporation

Limelight Condominiums

905-306-6996

•

from $200,000

21L

46 Mattamy Homes

The Mount Pleasant Village

mattamyhomes.com

•

from $200,000

20M

47 The Daniels Corporation

Daniels Erin Mills

•

17M

*TH: Townhomes, C: Condo

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

•

905-306-6996

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

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26

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Page

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31 Pemberton Group

Sky City

905-709-5700

•

from $320,000

8

12F

32 Liberty Development Corp.

Royal Gardens

905-889-9997

•

36-37

14f 12E

43 Guizzetti Developments

Grand Palace

905-907-4370

•

from $295,000

139

44 Liberty Development Corp.

Centro Square Condos 2

905-851-8877

•

34

4G

46 Empire Communities

The Mark

themarkcondos.ca

•

from $250,000

45

21E

•

1

Monarch Corporation

Garden Court

monarchgroup.net

from $250,000

16D

2

Flato Development

Arthouse

arthousemarkham.com

from $200,000

22E

3

Remington Group

Downtown Markham - Rouge Bijou

905-948-9900

•

from $180,000

18f

4

Tridel Corporation

Renaissance of Richmond Hill

416-736-9500

•

from $720,000

12G

5

State Building Group

Promenade Park

905-709-3352

•

from $410,000

10g

6

Uppercity Village

Greensborough Village

905-489-9964

7

MintoUrban Communities Inc.

WaterGarden

416-915-3800

8

Catalia Development

Summer Palace

9

Amicorp

Terraces on the Park

10 Great Lands Corp.

The Beverly Hills Resort Residences

905-882-6636

11 Triaxis Development Inc/Marino Developments

Courtyards of Maple

416-798-7070

•

from $390,000

8E

12 Greenpark Homes

UV2

UV2.ca

•

from $248,000

22F

13 Liberty Development Corp.

Legacy Park

905-731-8302

•

10g

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 $230,000

3G

22 Wycliffe Homes

Fairground Lofts

905-605-5900

•

from $287,000

3G

24 Liberty Development Corp.

The Fountains

905-731-8302

•

from $272,000

10F

26 Rice Development

Ambria

905-796-3630

•

from $340,000

3F

28 Chestnut Hill Homes

San Francisco by the Bay

905-831-3631

•

from $180,000

22C

31 Pemberton Group

Miracle at Yonge

905-709-5700

•

from $280,000

12F

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

35 Remington Group

Nexus North Condominium Residences

905-948-9900

•

from $200,000

17F

40 Nova Trimax

Allegra

905-850-6866

•

from $250,000

1F

41 Quadcam Development Group Inc

Vista Parc Condominiums

905-850-8883

•

42 Greenpark Homes

The Upper Village

905-554-6501

•

from $288,000

21E

44 Liberty Development Corp.

Centro Square Condos

905-851-8877

•

4G

44 Liberty Development Corp.

Corporate

mylibertycondo.ca

•

4G

45 Kylemore Communities

The 6th Angus Glen

•

19E

*TH: Townhomes, C: Condo

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

•

from $249,000

23e

•

from $254,000

11G

905-597-6868

•

from $250,000

15F

905-265-8739

•

from $210,000

3f

from $250,000

13F

•

•

905-887-9950

from $455,000

3F

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

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

the forecast in oakville calls for rain.

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Hours: Mon-Fri 12-6, Sat, Sun & Hol 12-5 521 Kerr St., Oakville, L6K 3C9

@EmpireRain /EmpireRainCondos june 15 - 29, 2013 new Condo Guide 133

condo profile

Daniels final FirstHome community in Erin Mills â&#x20AC;&#x201C;

HAZELTON PLACE

t

phase two is now on sale!

he Daniels Corporation has done it again with its most recent and final FirstHome Community in Erin Mills. Just a few weeks ago, Daniels went on sale with FirstHome Hazelton Place Phase Two, following hot on the heels of the highly successful FirstHome Hazelton Place Phase One community.

This limited collection of 99 fully-built condominium townhomes was met with an overwhelming response! Potential purchasers lined up for weeks in advance for the chance to purchase within this highly desirable community on the northwest corner of Hazelton Place and Plantation

134 new Condo Guide june 15 - 29, 2013

Place. When homeowners finally signed on the dotted line there were cheers and tears of joy!

This is a familiar scenario for forward-thinking Daniels, which created the FirstHome program to help as many people as possible realize their dream of homeownership. Hazelton Place

Purchasers can still take advantage of this incredible opportunity, but they will have to act quickly!

Phase Two is the company’s 12th FirstHome Community within the Greater Toronto Area and is an exciting milestone for the program.

Purchasers can still take advantage of this incredible opportunity, but they will have to act quickly! There is still a limited collection of two and three bedroom condominium townhomes for sale priced from the mid $300,000s and they won’t last long. Simply visit the Sales Centre today and speak with Daniels’ FirstHome Specialists who will tour you through the community and the model homes including our fully-furnished model homes to see which design best fits your budget and lifestyle!

Plus, homeowners can move in as early as 30, 60 or 90 days. In addition, Daniels once again is offering their innovative financial programs to help first time buyers achieve their dream of homeownership. The Gradual Deposit Payment Plan, for example, requires purchasers to pay only $2,500 with the Agreement of Purchase and Sale, another $2,500 within 10 days of their purchase and then $1,000 every month until they reach five per cent of the purchase price or final closing on their new home. On top of that, as a special lifestyle incentive Daniels makes homeownership even easier

by providing five free appliances, window coverings and a Rogers bundle that consists of Digital Cable, High-Speed Internet and Home Phone free for one year.

In addition to offering phenomenal homeownership opportunities, Daniels has a reputation for thinking about the way in which people live and how communities are created. A trailblazer when it comes to nurturing urban garden trends, Daniels incorporates urban gardens in their communities across the GTA. Similar to Phase One, Hazelton Place Phase Two will offer Gardening Plots. Raised stone-edged plots have been embedded into the overall community landscaping. This amenity is incredibly popular and it is a great way for neighbours to interact in the outdoors, give back to the environment and grow their own flowers and herbs FirstHome Hazelton Place Phase Two is located within one of Erin Mills most exceptional neighbourhoods, just is steps to a Loblaws Superstore, shops, restaurants and services of Erin Mills Town Centre, as well as shopping along Eglinton Avenue with quick access to Hwys. 403, 401 and 407 ETR. First-time buyers who make Daniels FirstHome their first choice have peace of mind, knowing they live in a Daniels home. The Daniels Corporation (danielshomes.ca) is one of Canada’s preeminent builder/ developers, having been building new homes and communities for more than 31 years. Named the Tarion Warranty Corp.’s 2012 Ontario Highrise Builder of the Year and the recipient of the 2012 Toronto Arts and Business Award presented by the Toronto Arts Foundation, Daniels has built more than 24,000 homes throughout the GTA. Among its many initiatives, Daniels was chosen to partner with Toronto Community Housing to revitalize Regent Park – 69 acres in Toronto’s Downtown East.

Committed to community, Daniels continually offers innovative programs that help people achieve homeownership, champions neighbourhood initiatives that enhance residents’ quality of life, and supports numerous charities and non-profit organizations.

Act now – this limited collection of homes won’t last long.

Call 905.814.0123 or visit danielsfirsthome.ca. Sales Centre: 5100 Plantation Place, Townhouse #18. Open Monday to Wednesday from noon to 8 p.m., weekends and holidays from noon to 6 p.m.

Closed on Thursday and Friday. june 15 - 29, 2013 new Condo Guide 135

IN THE NEWS

FAIRGROUND LOFTS NOW UNDER CONSTRUCTION in Old Woodbridge Village // PHOTO by Nicola Betts Photography

above

Left to right: Regional Councillor Deb Schulte, Ward 2 Councillor Tony Carella, City of Vaughan Mayor Maurizio Bevilacqua, Wycliffe Homes’ Vice-President Development Jared Bensky, President Gary Bensky and Vice-President Finance David Art.

and started construction on Fairground Lofts in Old Woodbridge Village, marking an exciting milestone at this highly successful community. Purchasers can look forward to occupancy dates beginning Winter 2014. The City of Vaughan Mayor Maurizio Bevilacqua joined purchasers, friends and family members of Wycliffe for the official groundbreaking ceremony and reception.

Excitement ran high as this major forward step brings homeowners closer to their move-in dates.

Now at 70 per cent sold, this outstanding community still offers a tremendous selection of suites beginning in price from just $299,900. Plus, for a limited time, buyers will receive $15,000 cashback, plus $5,000 toward furnishings from Suite 22 Interiors, a prestigious retailer of Italian-made products, or $5,000 toward the Wycliffe Homes Design Studio.

Now is the time to act, as Fairground Lofts is filling a demand for innovative condominium living in one of the Greater Toronto Area’s most prestigious areas. With a population of 300,000, Vaughan is one of Canada’s fastest-growing cities. In fact, recently, MoneySense magazine ranked Vaughan in the top 10 best midsized cities in Canada for quality of life, placing it eighth out of 46 in Canada. Overall, Vaughan ranked 23rd out of 200 in Canada when This spring, Wycliffe Homes broke ground

136 new Condo Guide june 15 - 29, 2013

comparing all large, mid-sized and small cities across the nation. Vaughan also placed second in Canada as the best place for new immigrants. The survey focused on a number of parameters, from incomes and employment to housing, weather, crime rates, access to medical facilities and opportunities to take part in cultural activities.

Within Vaughan, Woodbridge offers beautiful, established surroundings. Fairground Lofts residents will be able to walk to the restaurants, shops and services in Old Woodbridge Village.

Situated to major highways, Fairground Lofts will be minutes from downtown Toronto when the subway opens in Vaughan. Wycliffe’s community features a lushly landscaped courtyard, which fits right in with the area’s European flair.

No wonder so many buyers have been first-time purchasers looking to stay in the area, close to the family and friends they have grown up with. Homeowners also include couples who want to stay in Woodbridge, but move to a smaller home where they will enjoy the carefree aspects that condominium living brings with it.

Whatever their age and life circumstances, buyers are captivated by Fairground Lofts’ unique industrial exterior architecture with heritage brick components. The high ceilings and luxurious finishes in the urban town lofts are new to the area as well. Impressive standards include smooth ceilings throughout, stainless steel kitchen appliances (integrated hood fan/ microwave, fridge, slide-in range and dishwasher), Grohe plumbing fixtures, five-paneled recessed shaker swing doors to the laundry room, stacking washer and dryer, and central air conditioning.

For storage, Wycliffe has included several closets.

Adding to the appeal, Wycliffe is a made-tomeasure builder, so purchasers can make optional customizations wherever possible. Purchasers appreciate the fact that to buy an equivalent condominium in downtown Toronto, they would pay upwards of double the price.

The remaining one-bedroom plus den, two-bedroom, two-bedroom plus den and three-bedroom designs range in size from 676 to 1,349 sq. ft.

Visit the Presentation Centre and tour the model suite at 177 Woodbridge Avenue Monday to Thursday from 1 to 7 p.m.; Saturday and Sunday 11 a.m. to 5 p.m. For more information, call 905.605.5900 or visit wycliffelofts.com

sHoppIng 2013 Home DĂŠcor and Renovations

guide

2013 issue now available! >`]¿ZW\U O aSZSQbW]\ ]T bVS 5B/¸a b]^ V][S R{Q]` aV]^a O\R aS`dWQSa

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SG cover 2013.indd 1

1/11/13 4:23:35 PM

416.626.4889

Love to shop?

Our 2013 shopping guide profiles some of the GTAâ&#x20AC;&#x2122;s top home and dĂŠcor shops and services.

138 new Condo Guide june 15 - 29, 2013

NO

WU

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ER

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TR U

CTI

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BAYVIEW AVE.

MAJOR MACKENZIE DR.

16TH AVE.

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. june 15 - 29, 2013 new Condo Guide 139

ON

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.

Thatâ&#x20AC;&#x2122;s why we put you right in the middle of the search process.

Search your favourite neighbourhood

Find out about nearby services and amenities

View new construction projects and register to get the latest info

Visit the new real estate section on canpages.ca and start looking for that special place.

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140 new Condo Guide june 15 - 29, 2013

ONE YEARLIP TS FREE BOAAGE & STO.R$5,000

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Whether you’ve lived in Port Dalhousie for much of your life… or whether you’ve always wanted to live in this kind of waterfront location, Port Place offers you a once-in-a-lifetime opportunity to enjoy a carefree condominium lifestyle like no other!

STARTING FROM

$297,990

ST. CATHARINES

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PORTPLACECONDOS.COM

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Sales Centre Hours: Monday to Friday: 1pm to 7pm, Saturday & Sunday: 11am to 5pm *For a limited time only, the Port Dalhousie Marina is offering a special bonus for boaters with ONE YEAR’S FREE BOAT SLIP & STORAGE – valued at $5,000 – to purchasers at Port Place who wish to berth their pleasure boat just steps from their new home. Talk to a Sales Rep for complete details. Prices and specifications are subject to change without notice. E.&O.E.

june 15 - 29, 2013 new Condo Guide 141

quick tips

// by hellen buttigieg

put a value on your time

T Hellen Buttigieg is a certified professional organizer, life coach, TV host, owner of We Organize U and author of the best-seller, Organizing Outside The Box. For tips on organizing your home, your office and your life, visit weorganizeu.com and sign up for the free newsletter.

Average people spend time to save money; successful people spend money to save time.

here are many time-consuming activities we do, despite the fact that we don’t enjoy doing them. Could our time possibly be better spent? You need to decide if it is possible to unburden yourself and liberate your time by improving your methods or delegating some tasks. If it’s a choice between kids and cleaning or sleep versus cooking, why not call in a cleaner or the caterers if it fits into your budget. If you can’t find ways to delegate or hire to get the job done then at least give yourself some “me” time between tasks. As holidays and vacations approach, for example, your time will become more pressed. Try it and see if you enjoy such times just a little more with a little less on the agenda.

›› Make room for fun If you aren’t particularly excited about that organizing project you have to work on, consider ways you can make it more enjoyable. Perhaps you can listen to your favorite music, have the TV on in the background, or invite a friend over to socialize with (especially one that makes you laugh). Although I’m always thrilled to work on organizing tasks in my home, I really dread ironing. So I iron while watching mindless TV shows (my guilty pleasure is X-Factor). The job gets done and it doesn’t feel like drudgery.

Time is money Do you wish you had more time yet find yourself spending time to save money? If you spend hours doing unpleasant tasks that you could hire someone to do, or drive across the city to save a few dollars on a grocery store special, you are squandering a precious commodity.

Average people spend time to save money; successful people spend money to save time. Look at it this way: You can always make more money but you can never have more than 24 hours in a day. Before doing any task, get into the habit of asking yourself what it’s costing you in terms of your time and weigh the return on that investment. ›› Avoid mall madness Do you get stressed when shopping for gifts at the mall? Do long line-ups and limited parking spots dampen your spirit? Try shopping online and have your items delivered to your home. Many retailers often offer free shipping or other incentives (such as free gifts). Another option is to hire a personal shopper. Some major department stores actually offer this service at no cost, so ask. Remember to stick to your budget to avoid taking on more debt!

142 new Condo Guide june 15 - 29, 2013

Remember, we are human beings not human doings, so we need and deserve to spend some time just “being” – guilt-free ›› Help for the host Hosting a soiree this summer? Don’t be a superhero – accept help from others. Make it a potluck. People feel better when they can contribute and it makes the meal more interesting. While you’re at it, consider putting your kids to work during the event or hiring students to help out. They can take coats as guests arrive, freshen up the appetizer plates and load the dishwasher. They’ll be learning valuable skills and perhaps making some extra money and you’ll be a more relaxed and joyful host. ›› Ask and you shall receive As the popular Rolling Stones song goes, “You can’t always get what you want, but if you try sometimes, you might find you get what you need.” The part they left out of the lyrics is “...if you just ask.” Few people ask for what they need. We expect that those around us will just know what we need, and that if they really care about us, we shouldn’t have to ask. However, most people aren’t mind readers, and even if they were, they’re probably too busy wrapped up in their own day-to-day challenges to notice when others around them are silently suffering or seeking their support. As an experiment, just for this week, find the courage to speak up and make a direct request; and don’t be surprised if you get both what you need and what you want. ›› Free Yourself Challenge yourself to spend one weekend a month without running any errands or doing chores. If you plan in advance, and use the time during the week effectively, it can be done. In fact, it may even motivate you to boost your productivity level during the week substantially. Use the time to just relax, unwind and putter around the house. If you find you’re feeling bored, let the initial discomfort pass – on the other side of boredom you’ll find peace and tranquility. Remember, we are human beings not human doings, so we need and deserve to spend some time just “being” – guilt-free. ›› Overscheduled again?

At certain times of the year, many of us begin to take on more and more responsibility and, before we know it, our plate is not only full, it’s overflowing. Before getting to the point of exhaustion and resentment that often comes from doing too much for too many, make a conscious choice to

put your needs ahead of the needs of others. Give yourself just a little more breathing room than you think you need. When you make your needs a priority, you’ll not only feel happier, you’ll also be more fun to be around. ›› How to be happier now Most of us have heard the saying, “Don’t sweat the small stuff” – it’s great advice for keeping stress under control. I also invite you to appreciate the small stuff. We often think it’s the big things that will make us happy – the house, the fancy car, the great promotion – but those come few and far between. Why put off your happiness until then? Instead, you can find little pleasures to enjoy every single day: A freshly cut flower on your bedside table, a candle in your favorite scent, a visit from a cardinal in your backyard.

It’s pretty simple – pay attention to the little things that make you happy, and you’ll see more of them.

See more of the things that make you happy, and you’ll be happier. Go the extra mile and make a note of these, just for a week. You’ll be amazed at how quickly your “little things that make me happy” list will grow.

june 15 - 29, 2013 new Condo Guide 143

Model Suite Compliments of Amacon www.lifeatparkside.com

Parkside Village welcomes its newest success in Mississauga’s first urban village – PSV & PSV2. Model Suite is designed by award-winning agency UNION 31.

june2013

amacon has been featured as “model suite of the month” in the new condo guide model suite calendar

homebuyersâ&#x20AC;&#x2122; help

condo buyersâ&#x20AC;&#x2122;

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

june 15 - 29, 2013 new Condo Guide 145

homebuyers’ help

Calculate your mortgage payments interest rate

amortization period

chart figure

mortgage amount ÷ 1,000

monthly payment

example: 5%

25 years

5.82

125 (mortgage amount $125,000)

$

Follow these steps to see if you’ll qualify for a mortgage on your dream condo 01 Calculate the combined monthly before-tax income of you and your spouse.

02 Divide by three. This figure is the monthly payment you can afford to make on your condo.

03 Take the total price of the condo and subtract the amount of money you expect to make as a down payment.

This is the money you will have to borrow.

146 new Condo Guide june 15 - 29, 2013

04 Refer to the chart on the opposite page. Look down the left column and locate the interest rate you expect to pay. Line this up with the amortization period of your choice. (Most first-time buyers take the 25-year amortization.)

05 Multiply this figure by the amount you need to borrow.

Divide by 1,000.

06 Add to this your estimated monthly heating costs and monthly property taxes.

07 If this figure is equal to or less than one-third of your gross monthly income (calculated in Step 2), you’ll qualify for a mortgage on your dream condo.

Bear in mind that this is a rough estimate.

If you have several other large loans already, you may qualify for less. Also, banks and trust companies vary in their policies. The best way to know what you can afford is to go to the lending institution of your choice and get pre-qualified.

Mortgage payment calculation chart

%

Amortization Periods

Interest Rates

10 years

15 years

20 years

25 years

30 Years

3.00%

9.65

6.90

5.54

4.73

4.21

3.25%

9.76

7.02

5.66

4.86

4.34

3.50%

9.88

7.14

5.79

4.99

4.48

3.75%

9.99

7.26

5.91

5.13

4.61

4.00%

10.11

7.38

6.04

5.26

4.76

4.25%

10.23

7.50

6.17

5.40

4.90

4.50%

10.34

7.63

6.30

5.53

5.04

4.75%

10.46

7.75

6.44

5.67

5.19

5.00%

10.58

7.88

6.57

5.82

5.34 5.49

5.25%

10.70

8.01

6.74

5.96

5.50%

10.82

8.14

6.85

6.10

5.64

5.75%

10.94

8.27

6.98

6.25

5.79

6.00%

11.07

8.40

7.12

6.40

5.95

6.25%

11.19

8.53

7.26

6.55

6.11

6.50%

11.31

8.66

7.41

6.70

6.26

6.75%

11.43

8.80

7.55

6.85

6.42

7.00%

11.56

8.93

7.69

7.00

6.59

7.25%

11.68

9.07

7.84

7.16

6.75

7.50%

11.81

9.21

7.99

7.32

6.91

7.75%

11.94

9.34

8.14

7.47

7.08

8.00%

12.06

9.48

8.28

7.63

7.25

8.25%

12.19

9.62

8.44

7.79

7.42

8.50%

12.32

9.76

8.59

7.95

7.59

8.75%

12.45

9.90

8.74

8.12

7.76

9.00%

12.58

10.05

8.86

8.28

7.93

9.25%

12.71

10.19

9.05

8.45

8.10

9.50%

12.84

10.33

9.20

8.62

8.28

9.75%

12.97

10.48

9.36

8.78

8.45

10.00%

13.10

10.63

9.52

8.95

8.63

10.25%

13.24

10.77

9.68

9.12

8.80

10.50%

13.37

10.92

9.84

9.29

8.98

10.75%

13.50

11.06

10.00

9.46

9.16

11.00%

13.64

11.22

10.16

9.63

9.34

11.25%

13.77

11.36

10.32

9.80

9.52

11.50%

13.91

11.52

10.49

9.97

9.70

11.75%

14.04

11.66

10.65

10.15

9.88

12.00%

14.18

11.82

10.81

10.32

10.06

12.25%

14.32

11.97

10.98

10.49

10.25

12.50%

14.46

12.13

11.15

10.67

10.43

12.75%

14.59

12.28

11.31

10.85

10.61

This table shows the monthly payment of principal and interest for each $1,000 of mortgage. Example: The monthly principal and interest payment for a $125,000 mortgage with a 25-year amortization period at 5% is as follows: ($125,000 รท 1,000) X 5.82 = $727.50 june 15 - 29, 2013 new Condo Guide 147

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Compare mortgage rates for your best deal CHARTERED BANKS

Variable

6 Months

1 Year

2 years

3 years

4 years

5 years

ATB Financial 2.6

4 6.30op

3.1 6.30op

3.14 3.55 4.39 6.50op

3.04

Alterna Svgs/Alterna Bk 2.85

4 6.30op

3.05 3.09 3.09 2.99 6.30op

3.09

Bank of Montreal 3.1

4 6.30op

3 3.04 3.55 4.54 6.30op

3.09

Bank of Nova Scotia 3

4.55 6.45op

3.75 2.69 3.99 2.89 6.50op

4.99

Canadian Western Bank

4 6.45op

3 3.04 3.55 4.54 6.30op

5.14

CIBC 3.2

6.70op

3 3.14 3.55 2.99 6.35op

5.14

HSBC Bank Canada 3

2.7 3.95 2.98 4.99 6.35op

3.49

3.15

3.65

3.64

3.69

3.44

3

3

2.79

2.99

3.08

ICICI Bank Canada ING Direct

4.45 6.20op

3.05 3

Laurentian Bank n/a

4.4 6.70op

3.09 3.14 3.55 4.54 6.30op

5.14

3 3.05 3.1 3.1 4.00op

3.09

MonCana Bank

2.84

2.94

3.04

National Bank n/a

3.1 3.14 3.55 4.54 6.30op

3.39

Manulife Bank 3 4.45

President’s Choice Finan

4.4 6.70op

3.2

Royal Bank 3

4 6.30op

TD Canada Trust 3.2

2.84

3.15

2.84

3.19

3.3

3.39

3 3.04 3.55 4.54 6.30op

5.14

3 6.30op

3.04

3.55

2.99

5.14

3.04

TRUST COMPANIES AGF Trust

n/a

2.99

3.1

3.5

3.64

Community Trust

n/a

6.5

3

3.04

3.55

4.54

Effort Trust n/a

4.45 6.30op

3.25 3.6 3.9 4.5 6.30op

4.95

Home Trust Company

2.99

3.2

2.69

2.79

2.94

5.14

3.49

2.74

Investors Group Trust n/a

4 6.50op

3 3.14 3.55 4.54 6.30op

5.14

MTCC 3

4.55 6.45op

3.75 6.50op

2.69

3.99

2.89

4.99

Airline Financial C.U. 4

2.99 6.25op

3.25

3.29

3.09

3.49

Comtech Credit Union 2.79

6.6 8.40op

2.99 3.25 3.29 3.19 9.00op

3.09

First National Fin. LP

3.95

2.74

2.99

2.99

2.99 3.14 3.19 3.24 6.34op

2.89

OTHER FINANCIAL INSTITUTIONS

FirstOntario C.U. 2.79

6.34op London Life

n/a

Luminus Financial

2.95 3.95 6.50op

4

3

2.69

3.14

2.79

4.54

5.14

3.1 3 2.75 2.95 6.30op

3.55

3.05

MCAP 2.7

3.6 3.95 4.35 4.89 7.00op

5.14

Meridian Credit Union 2.85 4.45

3.1 3.14 3.55 2.98 6.30op

3.19 3.25

Parama Credit Union

2.9

3

3

3.15

3.25

Steinbach Credit Union

2.5

2.5

2.6

2.7

2.8

3

2.99 6.50op

3.04

2.79

3.89

3.19

Teachers Credit Union 4

4.45 6.30op

Notes **Interest rate charged subject to adjustment during term mortgage. Please consult institution for term of years available. All rates are prime rates and subject to change without notice.

R.O.R. RATES ON REQUEST op OPEN ----- NOT QUOTING N/A NOT AVAILABLE June 3, 2013. Prepared By Fiscal Agents Financial Information Services 905.844.7700

june 15 - 29, 2013 new Condo Guide 149

index of advertisers 45 Charles Ltd. - Chaz

53

Liberty Development Corp. - Terrace on Danforth

36-37

Alterra Homes/Finer Space - Post House Condominium

73

Liberty Development Corp. - World on Yonge

36-37

AMACON - Model suite of the Month AMACON - PSV2

144

ASIA EXPO 2013 - Promo

125

Augustine Group - Port Place Condos

141

Bazis Inc. - E Condos

5

Bazis Inc. - Exhibit Definitive Residences

27

Brandy Lane Homes - The Station

75

Camrost - Felcorp - Imperial Plaza

3

Camrost - Felcorp - Yorkville Plaza

1

Canpages - Promo

140

Carttera - One Eleven Condominiums & Lofts

59

Chinese Home & Condo Guide - Promo

84

City Core - Harmony Village Sheppard

81

Concert Properties - 88 Scott

79

Concord Adex - Opus

Lifetime Developments - Corporate

29

Lindvest - B Streets

87

Luxury Condos - Promo

28

91

40-41

Cresford Development Corp. - CASA III

IBC

Cresford Development Corp. - Lofts 399

152

Cresford Development Corp. - Merton Yonge Condominiums

151

Davies Smith - Eleven Superior

109

Menkes Developments Inc. - Corporate

Insert

Menkes Developments Inc. - Harbour Plaza

Insert

Metropia - E Condos

5

Metropia - Exhibit Definitive Residences

27

MintoUrban Communities Inc. - 30 Roe

67

Mod Developments Inc. - Five Condos

55

Mod Developments Inc. - The Massey Tower

43

Monarch Corporation - Corporate

Insert

Monarch Corporation - Lago

Insert

Monarch Corporation - The Epicurean

Insert

Pemberton Group - Downtown Erin Mills Condominiums

9

Pemberton Group - Sky City

8

Dundee Kilmer Developments - Canary District Condominiums

85

Pianosi Developments - Perspective Condos

111

Pinnacle International - Pinnacle Grand Park 2

137

Pinnacle International - The Pinnacle on Adelaide

103

Eastonâ&#x20AC;&#x2122;s Group - King Blue Condominiums

83

Eden Shaw - Chaz

53

ELAD Canada - Dreamtower At Emerald City

77

Empire Communities - Rain Condominiums

133

Empire Communities - The HUB

6-7

Empire Communities - The Mark

45

Emsatec Canada Inc - The Brownstones 5

117

Family of magazines - Promo

148

Freed - SIXTY Colborne

71

Gemterra - Love Condos

26

Graywood Developments - Five Condos

55

Great Gulf Homes - Monde

22-23

Great Gulf Homes - One Sherway Condominiums

48-49

Guizzetti Developments - Grand Palace

Plaza - Exhibit Definitive Residences Queenscorp Residences - Watermark Remington Group - King Blue Condominiums Rio Can - E Condos Shopping Guide - Promo

27 107 83 5 138

The Daniels Corporation - Cinema Tower Condominiums

39

The Daniels Corporation - High Park Condominiums

19

The Daniels Corporation - NY2

15

The Daniels Corporation - One Park Place Condominiums

Insert

139 Tower Hill Development Corporation - 2221 Yonge

61

31

Tribute Communities - Canterbury

65

Lanterra Developments - The Britt

11

Tribute Communities - RCM I on University

65

Lanterra Developments - Treviso II

25

Tribute Communities - The College

65

Harhay Developments - One Eleven Condominiums & Lofts

59

Lanterra Developments - Riverhouse at the Old Mill

Lash Group of Companies - Cloud 9 Condominiums

119

Lash Group of Companies - Me

113

Tridel Corporation - Aqualina at Bayside Toronto

IFC

Liberty Development Corp. - Centro Square Condos 2

34-35

Tridel Corporation - Old Mill

BC

Liberty Development Corp. - Royal Gardens

36-37

YYZed Project management - Spice Residences

121

150 new Condo Guide june 15 - 29, 2013

WORD ON THE STREET ACT NOW! WELL UNDER CONSTRUCTION - MOVE IN THIS YEAR!

introducing

The Streetside Collection Urban 1 and 2 storey Townhomes from 1000 to 1700 sq. ft. with vibrant street access and private interior gardens. Centrally located in the heart of Davisville village, flanked by the lively neighbourhoods of Eglinton & St. Clair and located at Yonge & Merton. Steps to the subway, parks, trails and great shopping.

M ERTO N YO NGE TOWNHOM E S

N

DAVISVILLE PRESENTATION CENTRE MERTON

TTC SUBWAY

Fresh Urban Towns from the low $500,000’s Tower Suites from the low $300,000’s

YONGE

➤

EGLINTON

SITE ST. CLAIR

To see up-to-date construction progress visit cresford.com Visit the New Presentation Centre 170 Merton St. Toronto, ON. M4S 1A1 416.484.1900 myccondo.com

BROKERS PROTECTED. PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. ILLUSTRATIONS ARE ARTIST CONCEPT. E.&O.E. 151 new Condo Guide june 15 - 29, 2013

LOFT 10’ & 12’ lofts in King West. Cool Layouts, Awesome Amenities in the heart of the Black Tie District at Adelaide and Brant.

Brokers Protected. Illustrations are artist’s concept. Prices and specifications are subject to change without notice. E. & O.E.

PRESENTATION CENTRE 19 BRANT STREET SUITE 103 T.416.867.3999 LOFTS399.COM

RICHMOND ST. W N

CAMDEN ST. ADELAIDE ST. W KING ST. W

SPADINA AVE.

SPACIOUS LOFTS IN THE 400’s $

BRANT ST.

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