GTA New Condo Guide, Jun 21, 2014

Jun 21 - Jul 5, 2014 Volume 18 Issue 13

an iconic address takes root

INSIDE THIS ISSUE

THE INS & OUTS OF ASSIGNMENT SALES

INVESTOR ADVICE: WHAT RENTERS WANT IN A CONDO

STYLE FILE: SMALL KITCHEN, BIG PLANS

A global style experience.

Paris Haute.

Fashion aficionados will be charmed to the tips of their designer stilettoes by the Paris Haute model suite at Aristo. With furnishings and luxe finishing touches inspired by the elegance and finesse of Parisian haute couture.

tridel.com

COMING SOON

OUTDOOR TERRACE, KITCHEN AND BARBECUE

THIS IS

YORKVILLE AT ITS VERY BEST. R E G I S TE R N OW | CU M B E R L A N DTOWE R .CO M/CG

A N E W S I G N AT U R E R E S I D E N C E AT C U M B E R L A N D A N D AV E N U E R OA D I N YO R K V I L L E F R O M TH E M I D $ 3 0 0 ’s

A MASTERPIECE IN YORKVILLE. FO L LOW U S :

@CAMROST

C A M R O S T F E LCO R P

PRICES AND SPECIFICATIONS SUBJECT TO CHANGE. E.&O.E. BROKERS PROTECTED. ALL IMAGES ARE ARTIST CONCEPT.

editor’s note

Choosing the right place to call “home”

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

Most newcomers to Canada tend to settle in larger cities such as Toronto, Vancouver and Montreal. Since housing costs vary greatly across the country, finding the right place to live and work means doing some homework.

Not everyone has the same housing needs, so list the important features that you want to have in your community. Perhaps it’s great schools, proximity to transit, or plentiful job opportunities.

There are always trade-offs in the real world. Smaller cities usually have lower living costs, but you may require multiple vehicles to get your family from point A to B. Larger cities offer more transit and job opportunities, but you will have to deal with traffic, congestion and a possible increase in housing costs.

Choosing a place to live is one of the biggest financial decisions you’ll ever have to make and your decision will ultimately affect your way of life. Look for good value in the home you’re considering, and look for a place that offers a reasonable cost of living based realistically on your finances, as well as a great quality of life. You can’t go wrong when you know the realities.

good debt is a wise move

Lydia McNutt

Editor

Wall2Wall Media Lydia.McNutt@wall2wallmedia.com Follow me on Twitter at Twitter.com/LydiasTweets

Despite reports about rising real estate prices, Canadians still consider homeownership a smart move, and mortgage to be “good debt,” according to a recent consumer survey conducted by the Canadian Association of Accredited Mortgage Professionals (CAAMP).

At the end of the day, everyone needs a roof over their head. Real estate happens to be one of life’s necessities that actually pays off in the long run. While no one can guarantee what the value of your home will be in 20 years, ask your parents what they paid for their place and compare that to current market values. Odds are that you’ll be pleasantly surprised, if not completely shocked. What other investment vehicle out there allows you to purchase and use something, then sell it for a profit of tens or hundreds of thousands of dollars, and not have to pay any tax on that earned income?

This, in a nutshell, is what happens when you sell your principal residence. Homeownership is a way of forced savings, and that equity is how many Canadians can afford to move up into their $1-million dream home, or head to the sunny south for a worry-free retirement.

In the meantime, if you’ve been considering buying a first home, now’s a great time to make your move. Interest rates are at record lows, and there are countless condo communities coming up across the GTA, offering a perfect stepping stone to financial freedom.

THIS RARE OPPORTUNITY IS ABOUT TO BECOME HISTORY.

TAKE YOUR EXPRESS ELEVATOR HOME. Welcome to the Private Residences atop Imperial Plaza. An iconic building in a coveted Forest Hill location, clad in limestone with impeccable granite and marble detailing, rich in historical perspective and timeless in elegance. Majestic suites with up to 6000 sq. ft. of grand living space, ceiling heights that soar 10’ and higher, and with breathtaking views of the city. A dedicated express elevator, private elevator lounge, private fitness club and 24 hour concierge allow your everyday to unfold with grace. Move in this year!

The Private Residences from $1.35 million The Signature Residences from $985,900

P R IVATE R E S I D EN C E S

AT AVENUE & ST. CLAIR

Visit our Presentation Gallery at 1499 Yonge St. (just north of St. Clair)

IMPERIALCONDOS.CA 416.925.2501 Exclusive Listing Brokerage Milborne Real Estate Inc. Brokers Protected. Prices and specifications are subject to change without notice. Illustrations are artist concept. E.&O.E.

JUN 21 - JUL 5, 2014 NEW CONDO GUIDE 003

new condo guide

contributors

President, Wall2Wall Media

Jacqueline Hill Editor-in-Chief / Director of Content

Susan Legge Director of Sales, National

Josh Heppner Associate Publisher SWO New Homes & Lifestyle Communities

Susan Maxwell Art Director

Sarah Jang Editor

Lydia McNutt Contributing Editors

BILD Report

Legally Speaking

Designer Advice

Bryan Tuckey

Jayson Schwarz

Yanic Simard

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

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

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

Visit tidg.ca

Sara Duck Wayne Karl Elisa Krovblit Design Editor

Yanic Simard

Sales Manager

Conni Robinson Senior Account Executive

Dionne Fraser dionne.fraser@wall2wallmedia.com Senior Account Executive

Nina Downs nina.downs@wall2wallmedia.com

Sales & Marketing Co-Ordinator

Terry Bassett Administrative Assistant

Antoinette Jackson Production Manager

Bala Gnanapandithan Production Co-Ordinator

Sandra Hanak-Vujnovic Condo pro

Barbara Lawlor 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.

The Real Deal

Brad J. Lamb

Brad J. Lamb is president of Lamb Development Corp. and Brad J. Lamb Realty. Over the last 25 years he has successfully led the marketing and sales programs for over 100 condominium projects in Toronto, Ottawa, Montreal and most recently Calgary. Visit torontocondos.com or follow Brad on Facebook, Instagram and Twitter @BradJLamb

Investor Advice

Andrew la Fleur Andrew la Fleur is an award-winning realtor with Re/Max. Andrew’s expertise is in helping investors make money in the Toronto condo market. Visit TrueCondos.com/ NewCondoGuide for a free gift.

Contact Andrew at 416.371.2333 or andrew@truecondos.com

Graphic Designers

Caroline Wassef, Mihail Terentiev, Sandra Hanak-Vujnovic

Published By

#500-401 The West Mall Etobicoke, On M9c 5j5 T 416.626.4200 F 416.784.5867

Call 416.626.4200 for ­advertising rates and information.

Circulation Free distribution in select high-traffic street boxes, stores, banks, financial institutions and select condominium sales offices.

Copyright 2014 All rights reserved by Wall2Wall Media.

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

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

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

Advertising

City Focus

Style File

Blima Ehrentreu

Alyssa Richard

Wayne Karl is an award-winning writer and editor with experience in real estate and business. In Fundamentally Speaking, Wayne explores the basics of buying property. Email Wayne at wayne.karl@wall2wallmedia.com or follow him on Twitter at @WayneKarl

Blima is a Toronto-based interior designer and principal of TheDesigners, a boutique interior design firm dedicated to innovative residential and commercial spaces that transform their clients’ aspirations and enhance their overall living experience. thedesignerstoronto.com

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

Wayne Karl

004 new Condo Guide jun 21 - jul 5, 2014

Mortgage Advice

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

Established in 1990, this program was started with Scouts Canada to help replenish the environment.

C O N DO M IN IU M R E S ID E NC ES AT Y O R K V IL L E & Y O N G E

STEPS TO SUBWAY AND PATH STARTING FROM

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PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. E. & O.E. RENDERING IS ARTIST’S CONCEPT ONLY.

JUN 21 - JUL 5, 2014 NEW CONDO GUIDE 005

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Renderings are artist’s concept. E.&O.E. June 2014.

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JUN 21 - JUL 5, 2014 NEW CONDO GUIDE 007

IT’S ALL ABOUT LUXURY, CHOICE & YOU

Incredible choice. Unbeatable offers. Now is the best time to choose a Pemberton Group condominium. From Oakville and Mississauga to Richmond Hill and Toronto, Pemberton offers an array of suite designs and prices to suit your needs. Whether you’re a first-time buyer, moveup family or looking to downsize, you’ll find a condo that is just right for you. Call or visit one of our Sales Centres today and take advantage of exciting, limited time offers.

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JUN 21 - JUL 5, 2014 NEW CONDO GUIDE 009

bild report

// By bryan tuckey

builders play key role in public art

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

T

he next time you see a worldclass piece of public art around Toronto, take a moment to think about how that installation fits into the surrounding community.

Chances are that new-home buyers and a builder were behind it.

Many builders make very good use of the City of Toronto’s Percent for Public Art Program as part of the City’s development review. The program recommends that a minimum of one per cent of the total construction cost of a development, including condos, goes toward public art.

These installations usually range from $400,000 to $1 million, with the odd piece costing up to $2 million 010 new Condo Guide jun 21 - jul 5, 2014

While it’s not a mandatory program, it involves an important negotiation between the City and our members about the community’s needs. However, the agreement is made in the spirit of cooperation and collaboration to add culture, character and distinction to Toronto as our members continue to build great cities.

These installations usually range from $400,000 to $1 million, with the odd piece costing up to $2 million. In 2013, there was $12 million in public art plans that were submitted to the City for approval, according to Jane Perdue, public art coordinator for city planning, City of Toronto.

Many of our members have taken part, including CanAlfa Group, Concert Properties, Monarch Corp., Cityzen Development Group and Concord Adex Development, to name a few.

Gabriel Leung, vice-president of development for Concord Adex, says his company is trying to build a public art legacy around its condo communities, including Concord CityPlace in downtown Toronto and Concord Park Place in North York. He adds that public art must be planned with care as it will become a focal point in a streetscape or park, or beside buildings.

“Concord always tried to do impactful art which suits the surrounding landscape and architecture design, and often these are colourful pieces as the colour adds life and vibrancy to the neighbourhood, particularly in the grey winter months,” Leung says.

While he’s reluctant to choose one installation as a favourite, Leung says Canoe Landing Park is very impactful. It was created by Vancouver artist Douglas Coupland at CityPlace.

Other examples include Straight Flush, by American James Turrell, at Bay and Adelaide (by builder Brookfield), and the two light bridges by the AustrianAmerican Erwin Redl at Vibe Condos in King West Village (Monarch).

One of the important goals of public art is to start a conversation, says Karen Mills, founder of Public Art Management. Her company consults on urban-scale public art installations and memorials for governments and private developers.

Each project involves an artist, engineers, fabricators, suppliers and crane operators.

“We’re creating landmarks and we’re really participating in the culture of our time,” Mills says. “It adds to the persona and cultural diversity of the city to make this place a desirable place to live and work.”

Karen’s son, Ben Mills, the vice-president of Public Art Management, says, “If you look at the sheer volume and the quality of artists, nationally and internationally, and what has been done since the 1980s, what we’ve been able to achieve in 30 years I think is unprecedented.”

Ben also makes a great point about the funding of these works of art: your hard-earned tax dollars are not funding these installations.

You can thank the new-home buyers for choosing to live in the areas that have public art. And hopefully you now have a new understanding of how builders can play a role in the culture of a new community.

Powered by Powered by

an iconic address takes root

CONDOMINIUMS ON WELLESLEY BETWEEN BAY & YONGE FROM THE MID $200’s It’s time for something different. Introducing 11 Wellesley. It’s a landmark condominium community on a lush and abundant city park, where you can easily connect, thrive, and flourish. Steps to the subway, in the heart of Toronto, on Wellesley between Bay & Yonge, you can coexist with the simplicity of nature. It’s a magnificent refuge that links the electricity of city living with the beauty of a substantial and spectacular park setting. Stunning suites, impressive amenities, and unparalleled views in every direction. Live Well.

REGISTER FOR A PRIORITY PREVIEW AT 11WELLESLEY.COM 416-861-1111 Exclusive Listing Broker Milborne Real Estate Inc. Brokers Protected. Marketing Management by Anne Lambrou Living Visions Inc. Prices and specifi cations subject to change without notice. Illustrations are artist’s concept. E.&O.E.

JUN 21 - JUL 5, 2014 NEW CONDO GUIDE 011

table of contents

June 21 – July 5, 2014 volume 18 issue 13

20

Lanterra goes for the green at

11 wellesley

columns, news & features

72

002 Editor’s note Columnists

010 bild report Builders play key role in public art by bryan tuckey

014 People 10 minutes with Hunter Milborne

by Lydia McNutt

032 Condo Pro Downsizing your stuff before “rightsizing” your home by barbara Lawlor

034 Taxing Issues The family who buys together, stays together?

by Henry Choo Chong

040 Mortgage Matters Why mortgage rates vary from lender to lender

by Alyssa Richard

018 legally speaking The law of good faith, or the lack thereof

054 The Real Deal Buy or rent?

028 Condo Living Condominium corporations and the legal battle

056 Investor Advice Top 5 “rentable” qualities in an investment condo

by jayson Schwarz

by Shlomo Sharon

by Brad J. Lamb

by Andrew la Fleur

072 Designer Advice What’s the difference?

by Yanic Simard

076 Make Your Move Read and understand your moving contract

by Chuck Resnick

In The News

026 Bazis/Metropia/ Plaza Major retailers announced for Emerald Park 050 Dundee Kilmer Canary District to attract retail and commercial tenants with health and wellness theme

058 Mortgage Market Canadian mortgage market rests in a delicate balance 068 ELAD Two-bedroom Opal epitomizes value-packed living at Emerald City

38

070 CMHC Report May housing starts

condo profiles

090 Spallacci/Valery The Grand Old Lady shines again with launch of The Residences of Royal Connaught

38

106 Lash Developments Three great ways to save at Cloud9

Liberty Development Corporation

Royal Gardens Live like royalty at Royal Gardens

110 Streetcar Developments The Taylor Lofts make it easy to embrace an evening in Leslieville 112 Stanton Renaissance Official grand opening at On The Go Mimico

44

Pemberton Group

44

Homebuyers’ Help

Multiple sites Live life large in a Pemberton Group condominium

016 Hot Topic Do you need mortgage loan insurance?

94

030 Hot Topic How to avoid big problems in small spaces

ArtHouse Condos Where art lovers live

Flato Developments

033 Hot Dates What’s happening in and around the GTA

104

046 Style File Small kitchen, big plans

SQ SQ’s design reflects its downtown locale and vibrant neighbourhood

Tridel

by blima ehrentreu

064 Homebuyers’ Help Assigning your new condo

by Anthony Jong

080 condo watch 905 Previews, new releases and grand openings in the 905 082 Purchaser Profile Look who’s planning to live at The Mark 084 City Focus Welcome to Richmond Hill

by Wayne Karl

100 condo watch 416 Previews, new releases and grand openings in the 416 121 Condo Buyers’ Resource Section 126 advertiser Index

94 104

people

Q&A:

10 minutes with Hunter Milborne // by Lydia McNutt

Hunter Milborne’s official title is CEO of Milborne Real Estate,

but unofficially he’s been dubbed the “Dean of Condos.” Hunter has been behind the marketing and sale of a mind-boggling $10 billion in properties, having sold over 60,000 units in his 38 years in the condo industry. New Condo Guide chatted with Hunter about Toronto’s condo past, present and future.

New Condo Guide How long have you been in the condo business?

Hunter Milborne I’ve been in the condominium industry since 1976. I have seen the incredible growth of both the Toronto and the Canadian real estate markets. Toronto, in particular, has been an amazing place to work in the industry.

Don’t sell at the wrong time! Simple as that. Do your research, know the trends, know the market, and hope you have a little luck on your side.

NCG What do you love most about the industry?

NCG What makes Toronto condos

HM Watching new buildings go up and creating new homes for people. It’s fascinating to see the change in a city’s skyline over the years, and to know that you’ve contributed to providing residences for people to live and grow.

such a smart investment?

HM It has become both more mainstream and more segmented. For instance, we are seeing a rise in the area of super luxury products, like The Four Seasons, and Camrost Felcorp’s Yorkville Plaza II: Cumberland Tower and Imperial Plaza. These projects define luxury and offer the ultimate in refined downtown condo living.

HM Toronto is going to keep growing in the coming years.

When buying a condo, you have to look at the population growth of a city to judge whether your purchase will go up in value once it’s bought. With the expansion of the city, Toronto condominiums are a smart investment.

NCG Toronto’s condo scene has been booming for some time now.

NCG What is Rule #1 for real

NCG Describe the change in Toronto’s condo landscape since 1976.

How long can this continue?

estate investing?

HM This

HM Don’t sell at the wrong time!

momentum will continue for many years for two reasons: one being Toronto’s continuous and growing net in migration; and the second being the absence of lowrise supply. Toronto is a desirable city to live in but developers realize that building needs to be in the sky – where space is not an issue.

014 new Condo Guide jun 21 - jul 5, 2014

Simple as that. Do your research, know the trends, know the market, and hope you have a little luck on your side.

GO NORTH and discover how Daniels is making it easier than ever to live the High Park lifestyle!

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*GO NORTH program is only available on north facing suites. No interim occupancy fees up to a maximum of 6 months. Parking and locker incentive only available on suites over 535 sq. ft. Limited time offer. Conditions apply. See sales representative for full details. Exclusive Listing: CityLife Realty Ltd, Brokerage. Brokers Protected. Prices, specifications and programs are subject to change without notice. Illustrations are artist concept. E. & O.E JUN 21 - JUL 5, 2014 NEW CONDO GUIDE 015

Hot Topic

Do you need

mortgage loan insurance?

Buying a new home and not sure if you need mortgage loan insurance? Well, if you’re making a down payment of less than 20 per cent of the purchase price (what’s known as a high-ratio mortgage), your lender will almost certainly require you to have mortgage loan insurance.

What many consumers don’t realize, however, is that this insurance doesn’t protect you, the homeowner – it protects your lender against mortgage default. But since the mortgage is insured – essentially guaranteed

by Canada Mortgage and Housing Corp. – this program also enables consumers to purchase homes with a minimum down payment of five per cent.

Mortgage loan insurance is not to be confused with mortgage life insurance, which guarantees that your remaining mortgage at the time of your death will not be a burden to your estate.

What many consumers don’t realize, however, is that this insurance doesn’t protect you, the homeowner – it protects your lender against mortgage default

The CMHC Mortgage Loan Insurance premium is calculated as a percentage of the loan and is based on the size of your down payment. The higher the percentage of the amount that you borrow, the higher percentage you will pay in insurance premiums.

If you’re putting down five per cent as a down payment and mortgaging the balance, your loan-tovalue (LTV) ratio is then 95 per cent. Generally speaking, the higher the LTV, the greater the premium for mortgage loan insurance. For example, for an LTV of 95 per cent, the standard premium is 3.15 per cent of the purchase price; for an LTV of 90 per cent, it’s 2.4 per cent; for an LTV of 85 per cent, the premium is 1.8 per cent, and so on.

The premium can be paid in a single lump sum or it can be added to your mortgage and included in your monthly payments.

Without mortgage insurance, you may avoid the insurance premium, but you could also pay higher interest rates for the mortgage, as well as additional administrative fees. At the end of the day, for the vast majority of borrowers, the cost of CMHC Mortgage Loan Insurance is more than fully offset by the savings achieved.

Under the CMHC Green Home program, buyers may qualify for a 10-per-cent premium refund and extended amortization period without surcharge, for mortgages used to finance an energy-efficient home.

For more information, visit cmhc-schl.gc.ca.

016 new Condo Guide jun 21 - jul 5, 2014

Monarch first.

Before the ‘60’s changed the world.

Before the Baby Boom began. Before the Roaring ‘20’s took us dancing to the Charleston or out to the movies, Monarch was here. First. For 96 years, families have trusted Monarch for the most important investment of their lives.

So choose the one builder who has always been there for Canadian families.

And visit Monarch. First.

discover more

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first.

Thinking waterfront living?

Move-in this Year!

Think Monarch first.

Monarch has 3 magnificent luxury condominiums on Etobicoke’s highly sought after Humber Bay Shore’s Waterfront. Imagine an early morning run along the Martin Goodman Trail. A romantic stroll at sunset. The waterfront’s lively lifestyle, minutes from Downtown Toronto and steps away from your stunning Monarch condominium. Discover a variety of suite choices – from studios to 2 bedroom + den styles. There is a home near the shore for everyone!

discover more

MonarchGroup.net *Prices, specifications and promotions are subject to change without notice. Rendering is artists’ concept and image is for mood and impression only. E.&O.E.

MonarchGroup.net

ASK ABOUT OUR FANTASTIC INCENTIVES AND VISIT THE SALES CENTRE TODAY! Move-In This Year | Prices from 399,990*

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first.

MONARCH COMMUNITIES ETOBICOKE WATERFRONT | Riva Del Lago | Now Open from the $300,000’s Sales Centre located at 2167 Lake Shore Blvd. W. 416-495-3544

ETOBICOKE WATERFRONT | Lago | Under Construction from $219,990 Sales Centre located at 2167 Lake Shore Blvd. W. 416-495-3544

ETOBICOKE WATERFRONT | Waterscapes | Move-in this Year from $399,990 Sales Centre located at 2167 Lake Shore Blvd. W. 416-495-3544

MARKHAM | Garden Court | Move-in this Year from the $400,000’s Appointment Only 416-495-3595

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JUN 21 - JUL 5, 2014 NEW CONDO GUIDE 017

legally speaking

// by jayson schwarz

the law of good faith

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 Th e 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 I t does not matter what the agent says or promises (see 1 above).

018 new Condo Guide jun 21 - jul 5, 2014

( or the lack thereof)

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

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 lawyer’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.

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 condo hunting!

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

NOW UNDER CONSTRUCTION

Condominium Residences at Yonge and Eglinton Direct subway access - Starting from the $300’s

ECONDOS.CA Presentation Office located at 2300 Yonge Street, Lobby - 416.243.8688

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JUN 21 - JUL 5, 2014 NEW CONDO GUIDE 019

cover story

LANTERRA GOES FOR THE GREEN AT

11 WELLESLEY

Toronto’s highly anticipated new condo is coming to Yonge & Wellesley… and so is a park!

There are green condos and then there are condos with green!

While the trend toward the sustainable development is nothing new to developers, Lanterra has managed to reset industry expectations for what “going green” can mean for today’s condominium resident with the launch of its latest project, called 11 Wellesley on the Park Condominiums.

Determined to combine an inspiring tower design with an exceptional green space, the new condominium (located on Wellesley, between Yonge and Bay) boasts a magnificent 1.6-acre urban park, surrounding a single 60-storey sculptural tower.

“Lanterra is known for creating communities that contribute to the skyline, while meeting needs on the ground,” says Lanterra Developments’ Mark Mandelbaum. “After long consultation with the local councillor and members of the neighbourhood while planning this site, we recognized the urgent community need for additional, accessible green space.

“Ever mindful of local stakeholders’ desires, while determined to exceed the condo market’s expectations, we were able to create a unique plan that features a magnificent single tower on the site, while dedicating the majority of the area to the creation of a large urban park.”

Although the final park design will be the subject of a community consultation process, Mandelbaum, and his partner Barry Fenton, 020 new Condo Guide jun 21 - jul 5, 2014

retained Robert Ng of the NAK Design Group to propose a vision for the park.

With Lanterra, NAK has created a landscape plan for 11 Wellesley which includes beautiful pathways and flower gardens accessible to residents and the community.

“With park-side retail and restaurants planned for the base of the tower, residents and visitors to 11 Wellesley will feel an intimate connection to the surrounding green space,” says Fenton. “This sense of connection was vital; creating a relationship between the park and the building, and between the park and the residents, wasn’t merely an item on our architectural checklist. Instead, it was the

foundation for every design and architecture decision we made.”

Lanterra was aided in those decisions by the architects at KPMB Architects, and Page + Steele/IBI Group Architects, who worked together in a unique architectural collaboration to create the distinctive design.

Together, the architects created a stunning 60-storey sculptural landmark, inspired by a series of tall vases by Finnish modern architect Alvar Aalto. Boasting curved corners and a series of changes in the balcony’s geometry, a strong, visual effect is created and the design forms a unique profile.

The distinctive exterior design is reinforced through the building’s interior’s, all designed by Munge Leung. Considered one of North America’s hottest interior design firms, Munge Leung has been a Lanterra favourite for years, contributing to several of the developer’s awardwinning condominiums. “We have worked with Alessandro Munge and his team before, and have always been impressed by their creativity, style and unique vision,” says Mandelbaum The Munge Leung-designed suites offer clean, open-concept layouts featuring organic finishes. Filled with natural light, the suites boast gorgeous terraces or balconies that provide “forever views” of a beautiful life.

Priced from a remarkable $199,900, 11 Wellesley offers a range of layouts and sizes (starting from 300 to 878 sq. ft.), and exceptional standard features including granite countertops, designer-series cabinetry, and a stainless steel sink with single-lever faucet in the kitchens; and sumptuous ensuite bathrooms with a choice of marble, porcelain or ceramic flooring.

Amenities at 11 Wellesley include a state-of-the-art fitness centre with a yoga/aerobic studio, an indoor pool, cold plunge and hot tub, a pool-side lounge and terrace with indoor and outdoor use, and a spa facility with dry sauna, steam room, showers and relaxing lounge. The stylish fifthfloor rooftop terrace provides a lounge, stylish cabanas and outdoor barbecues.

Those wishing to “go for the green” should register at 11wellesley.com, or visit the presentation centre located at 11 Wellesley St.

jun 21 - jul 5, 2014 new Condo Guide 021

Great Gulf. Choose greatly.

ACROSS FROM SHERWAY GARDENS. MOVE IN TODAY WITH UP TO $20,000 CASH BACK.

Suites from

$220,000s

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Suites from

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Coming soon.

022 NEW CONDO GUIDE JUN 21 - JUL 5, 2014

Condos at King & Parliament. Coming Fall 2014.

Urban Towns in Queen West. Coming Fall 2014.

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Suites from

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For more information, register at greatgulf.com/comingsoon

JUN 21 - JUL 5, 2014 NEW CONDO GUIDE 023

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JUN 21 - JUL 5, 2014 NEW CONDO GUIDE 024

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JUN 21 - JUL 5, 2014 NEW CONDO GUIDE 025

in the news

Bazis, Metropia and Plaza announce major retailers for

Emerald Park

Metro, LCBO and Starbucks will call it “home” Bazis, Metropia and Plaza have announced three major retailers

coming to Emerald Park, the iconic condominium, retail and office development located at Yonge Street and Sheppard Avenue.

Grocery giant Metro, together with LCBO and Starbucks, will occupy the second-storey retail space at Emerald Park, which is slated for occupancy in the fall of 2014. Metro and LCBO are designing the first of their state-of-the-art stores for this location.

“This is a huge win for the residents and retailers of Emerald Park,” says architect and Bazis partner, Roy Varacalli. “We already know that Emerald Park represents the ultimate in design, and will stand as one of North York’s most striking and recognizable towers. Direct access to two subway lines (the Yonge line and Sheppard line) and [being] minutes to Hwy. 401, makes Emerald Park an ideal location to live, work and shop. With these retailers joining us, purchasers now have even more to celebrate.”

Emerald Park has already proven to be a major success, with most of the residential, retail and office condominiums already sold out. A limited amount of office space still remains available on the third floor.

Emerald Park will consist of a pair of willowy, glistening emeraldgreen, glass towers, rising from a four-level podium and connected by a glass-enclosed walkway. Upon completion, this sleek walkway will also

serve as Emerald Park’s own, internal connection to the Sheppard subway station, making it simple for residents to get where they need to go.

The first two levels of the central podium will be dedicated to retail while the third level will showcase exceptional office space.

A spectacular residents’ only club space will occupy the fourth floor.

Reminiscent of an international resort, the club will feature a swimming pool, an exercise theatre with weights, cardio and yoga/Pilates areas, steam rooms and a whirlpool. Residents can also take advantage of two fully equipped party rooms, two games rooms and two guest suites, all of which will flow out to a rooftop garden graced by a sun terrace with reflecting pools, fireplace and seating areas.

And it isn’t just Emerald Park’s glistening exterior that will be green. Environmentally friendly features include a highperformance thermal envelope to minimize unwanted solar gain and heat loss, individual suite metering of electricity, energysaving appliances and more.

For more information, visit online at thegalleriaatemeraldpark.com or call 416.221.8802.

026 new Condo Guide jun 21 - jul 5, 2014

OFFICE SPACE AVAILABLE FOR SALE AT YONGE AND SHEPPARD

Starting from

$188,000

5% OFF Until July 15, 2014

Direct access to two subway lines Shopping mall on ground floor Metro, LCBO and Starbucks on the 2nd floor Please call 416-221-8802 or email info@TheGalleriaAtEmeraldPark.com Rendering is artist’s concept. Prices and specifications are sunbject to change without notice. E. & O. E.

TheGalleriaAtEmeraldPark.com JUN 21 - JUL 5, 2014 NEW CONDO GUIDE 027

Condo Living

// by SHLOMO SHARON

Condominium corporations and the legal battle

Shlomo Sharon is CEO of Taft Management Inc. and a member of CCI since 2002.

Taft Management Inc. is an ACMO 2000-certified property management company and has been providing property management services since 1996.

Visit taft-forward.com for further information or email Shlomo at shlomos@taft-forward.com.

A

bout five years ago, I received a phone call from a litigation lawyer friend, asking if I can refer clients to him. I suggested that he specialize in condominium law.

I was happy to hear, later on, that he actually took my advice as there were many cases to deal with in this specialized area of law.

028

Condos comprise around 62 per cent of new-home construction, which translates to thousands of units, with an even greater number of people living in them. The combination of new condominium buildings, developers, Tarion and a great influx of people moving into these buildings, together with many management companies and lawyers, makes for a perfect scenario for disputes. The current Condominium Act would not have anticipated all of the upcoming issues, nor was it designed to deal with construction issues.

It is not uncommon that in the event of a dispute between developer, a resident, the board of directors or the management company, that the most common legal advice is to initiate legal action. I know of a condo corporation that was advised to take legal action against the developer, and in the process, incurred approximately $75,000 in legal fees, just to settle the matter with the developer for that same amount. Nothing was gained.

Condominium disputes are most often resolved through the legal system.

This should not come as a surprise to anyone. Each condominium corporation retains a lawyer immediately after the turnover meeting, so any issue which requires legal advice will be referred to the corporation’s lawyer. In the absence of any other resolutions that could be provided by an independent body, which could save a bundle in legal and mediation fees, the only other avenue is to commence legal action. It is imperative that any condominium corporation consider the options very carefully before they accept any suggestion to commence with legal action. Ask your lawyer the question: “What are our chances?” Do not accept an answer such as, “Based on the information I currently have, you have a good chance.” Provide your legal representative with all the information you have. Remember that at the end of the process, it is your corporation’s money on the line. Explore every possible avenue to settle the dispute. This is a lot cheaper than taking the legal route.

Here’s a story: Two peasant brothers were each left a parcel of land by their late father. In between the two parcels of land was a ditch. After they buried their father, one of the brothers asked the local lawyer to ensure that the ditch formed part of his parcel. The next day, the other brother approached the same lawyer with the same request. The lawyer explained that he had a conflict of interest, because he was already acting on behalf of the other brother, but he offered to write a note to the lawyer in the next town asking him to act on his behalf. When the lawyer in the other town read the note, it said: “We have here two peasants. If you and I act correctly, each one of us will end up with one parcel of land, and the two brothers will end up in the ditch.”

The moral of the story: think twice before you start litigation because you may find yourself in a ditch!

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REGISTER TODAY danielserinmills.com | 905.306.6996 Exclusive Listing: CityLife Realty Ltd. Brokerage. Brokers Protected. Illustrations are artist’s concept. Specifications are subject to change without notice. E.&.O.E. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without prior written permission of The Daniels Corporation, is strictly prohibited.

JUN 21 - JUL 5, 2014 NEW CONDO GUIDE 029

Hot topic

How to avoid

BIG PROBLEMS IN SMALL SPACES Whether a first-time homebuyer or downsizing from a house,

millions of Canadians are choosing to nest in smaller but convenient and affordable condominiums. At first glance, condo life seems worry-free and this is the reason many prefer this real estate option.

When purchasing a condo, however, many Canadians don’t consider the risks associated with non-insured damage to the unit. When purchasing a house, insurance is typically one of the first things accounted for when moving in. Unfortunately, insurance is often overlooked by condo owners, since most are unsure of what they are responsible for should any damage occur.

When purchasing a condo, many Canadians don’t consider the risks associated with non-insured damage to the unit Determine how much protection you have under your condo corporation’s insurance policy and what you need to be aware of. Ask your builder, Realtor, lawyer or property manager the following questions for more clarity:

030 new Condo Guide jun 21 - jul 5, 2014

01 W hat does the condo corporation’s insurance cover and, more importantly, what doesn’t it cover?

02 Does the corporation’s policy cover just the structure and common areas of your building or complex, or more?

03 If there is major damage to your building, is it possible that you would have to make an additional contribution to cover the deductible of the condo corporation’s insurance policy?

04 W hat is the deductible in the condo corporation’s insurance policy?

05 Are you responsible for the full cost of repairs to another condo, or the full deductible on the corporation’s policy if, for instance, your dishwasher leaked or your bathtub overflowed and damaged the unit below?

06 How is a “standard unit” defined by your condo corporation?

Does it cover things like fixtures, ceilings and floors?

For more information, visit the website at rsagroup.ca. NC

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JUN 21 - JUL 5, 2014 NEW CONDO GUIDE 031

condo pro

// by barbara lawlor

downsizing your stuff

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.

W

hen you make the decision to buy a condo suite, the last thing you want to do is clutter it with unnecessary “stuff.” You know, the boxes of items you never use but have avoided getting rid of because you might need them someday, or because they hold sentimental value, or you only purchased because they were on sale. At Baker Real Estate Inc., we often hear from condominium purchasers who are moving from large family homes that they don’t know what to do with all of their belongings. And the larger the home, the more things they have amassed.

The good news is that buying into a new condominium usually means you have quite a bit of time to organize and sort possessions before you move in. First, you need to measure up and figure out which furniture items you own and wish to

032 new Condo Guide jun 21 - jul 5, 2014

before “rightsizing” your home

keep that will actually fit into your new space. You receive dimensions from your builder, and when you go for your Pre-Delivery Inspection, you can measure again to be sure. Then begin the purging process.

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

There are several other ways to de-clutter, of course. People often give away possessions to their family and friends, which is another way to recycle. Heirlooms and cherished items can be welcome additions in the homes of those who mean a lot to you. Whether they are antiques, appliances, toys or household accessories, wouldn’t it be lovely to know that someone you love will be using and appreciating these items? Your cast-offs can also be donated to charity shops, which is also a great way to pass things along. And of course, there is the trash can for items that are beyond salvage – and who doesn’t have a few of those hanging around?

The good news is that buying into a new condominium usually means you have quite a bit of time to organize and sort possessions before you move in I also know of many people who have hired a home organizer. Contrary to what you may think, an organizer will not try to force you to throw out items you really want to keep. In reality, these professionals have an eye for organization – for sorting piles and closets of things into categories, then guiding you through a process that helps you gradually weed out items. This is a wonderful time to designate heirlooms to go to family members without feeling rushed. The beds and dressers that you will not need in your new condo could solve a problem for an acquaintance with growing children.

Remember the Internet? You can give items away on Freecycle.com – the deal is that the first person who responds who is willing to come and pick up the item gets it free. And there are other sites where you can sell things online. Ask your home organizer for suggestions.

And remember that a neat, tidy, uncluttered house will sell more quickly than one that is packed full. One of the first things home stagers do is suggest de-cluttering. Move into your gorgeous new condo with enough stuff to keep you happy yet allow the design, features and finishes to shine.

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hot dates

June/July 2014 Calendar of events taking place from June 21 – July 5

highlights

June 13 – 22

North by Northeast

June 13 - 22

June 14 - 23

North by Northeast

Ontario Craft Beer Week

Various venues across Toronto Canada’s highly anticipated annual music and arts event is back, bringing with it 800 bands, 30 films and 150 comedians, for 10 days (and sleepless nights!). NXNE has become the Canadian event for emerging artists and major-label headliners, for music filmmakers, and for digital interactive innovators bridging the gap between technology and the arts. Visit online for a full schedule and to purchase tickets. nxne.com

Various locations in Toronto This week of beer celebrates local breweries and the special brands of beer that can only be found in Ontario. Hosted by Ontario Craft Brewers, this festival is entering its fourth year and promises 150 events in more than 50 different communities with over 30 different breweries represented. Many events are hosted at breweries, pubs, restaurants and other venues and events include music, food, tastings and pub crawls. ocbweek.ca

June 14 - 23

Ontario Craft Beer Week

June 21

Junction Summer Solstice Festival

July 4 - 20

Summerlicious

June 21

July 4 - 20

Junction Summer Solstice Festival

Summerlicious

Dundas Street West & Keele Street From noon until midnight, celebrate the longest day of the year in The Junction – a vibrant community hosting live entertainment, fresh food, and a Ferris wheel. When the sun goes down, the daytime festivities will switch to a night-time flea market and several movie screenings to make it a solstice to remember. This Green-powered event is fun for the whole family.

Admission is free. thejunctionsummersolstice.com

Various Locations in Toronto Explore, sample and savour this summer! 150 of Toronto’s top restaurants dish out the opportunity to taste a wide variety of diverse and innovative cuisines through prix-fixe menus.

Lunch menus range from $15 to $25; dinner menus are $25 to $45. Visit online for a list of participating restaurants, menu details and to make your reservation. toronto.ca

033 new Condo Guide jun 21 - jul 5, 2014

taxing issues

// By henry choo chong

The Family who buys together,

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

My wife and I would like to purchase a condo but the initial down payment is an issue.

My mother and uncle are new immigrants to Canada and have approached us to buy a condo together. What do you think of buying with family members?

Tse, Scarborough

A

The pride of home ownership is a dream for most Canadians. Unfortunately, this may only be a dream for many and may never become a reality.

Some individuals may have difficulty qualifying for a mortgage, even with the creativity of many

034 new Condo Guide jun 21 - jul 5, 2014

stays together?

financial lenders. Rule number 1: Buy what you can afford, not what you can borrow. Price increases in the Toronto real estate market easily outpace the marginal increases in salaries of the average Toronto household.

Pooling the financial resources of several family members can be an excellent opportunity for first-time buyers to get into a home. Eventually, you can save sufficient equity to have your own dream home. Obviously, this does not come without making sacrifices and concessions. A dream home can quickly become a nightmare, particularly when your mother-inlaw may not be your first choice in roommates.

Extended family arrangements are not uncommon for many immigrant families that have three generations under one roof. For some cultures, this is the norm. However, this form of living arrangement is not for everyone. Most couples marry to start a family, not to inherit two generations of families.

Food for thought that may help you make a decision:

›› Discuss the financial arrangements with your family member(s) before making a commitment. Are the down payments equal? How will the equity of the condo be divided in the event of a sale? Are the mortgage payments divided equally? What about condo fees? What happens if one partner wants out? Whose names go on title? ›› Does the extended family get along? Family relations can deteriorate faster than an old home with termites! Discuss these arrangements thoroughly with your spouse. ›› A meeting with a lawyer beforehand can ease tension later. Sometimes, it’s good to write things down and not have regrets later. Make no mistake, this is a business relationship. ›› Family financial resource pooling can be very successful for real estate and stock investments. Some of Canada’s wealthiest owners of real estate and public companies are family owned. It sometimes pays to keep it “all in the family.” ›› Your tax adviser can explain some pros and cons of pooling from a tax perspective. Compare the tax advantages of having extended families under one roof, with the loss of other tax credits and government programs. ›› How is the credit rating of the other family members? Pooling can help family members with less-than-excellent credit re-establish themselves.

Family dynamics are an important ingredient when families pool their financial resources. Real estate prices will always rise and fall, but families are priceless.

URBAN SUITES AT WORLD ON YONGE

OCCUPYING THIS FALL Over 30,000 square feet of Amenity Space awaits you…

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Choose from suites overlooking the Green Roof Terrace, a new Meadowview Park or the Landscaped Courtyard. Visit us today at 7181 Yonge St., Unit 60 (just north of Steeles).

WorldOnYonge.ca | 905-771-7010 *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 artist’s concept. Prices, specifications and availability subject to change without notice. E&O.E. Brokers protected. See Sales Representative for details.

MyLibertyCondo.ca JUN 21 - JUL 5, 2014 NEW CONDO GUIDE 035

LIBERTY

SUMMER FREEDOM

www.MyLibertyCondo.ca 036 NEW CONDO GUIDE JUN 21 - JUL 5, 2014

DESIGNER DECORATED

MODEL SUITES

VIEW TODAY! WESTON RD. & HWY. 7 FROM THE $280’s 905-851-8877

BATHURST & CENTRE ST. FROM THE $280’s 905-731-8302

See Sales Representative for details. All renderings are artist concept. Prices, specifications, and availability subject to change without notice. E. & O.E. Brokers protected.

JUN 21 - JUL 5, 2014 NEW CONDO GUIDE 037

Condo profile

LIVE LIKE ROYALTY AT ROYAL GARDENS

Liberty Development’s condominium community ready for move-in

l

iberty Development Corporation’s Royal Gardens Condos community is fit for a king. Located in Richmond Hill, this great community features three condominium towers, topped with a cutting edge green roof, with retail at ground level.

“A finished building is always a beautiful thing. The rate of sales was much faster than we could have ever expected, and excited buyers are now happy residents,” says Liberty’s sales and marketing manager, Shawn Richardson. “Residents couldn’t be more pleased with the community; it is everything we had hoped for and more. At Liberty, we promise to deliver great design, amazing amenities and fantastic locations to condominium buyers.”

038 new Condo Guide jun 21 - jul 5, 2014

“ A finished building is always a beautiful thing. The rate of sales was much faster than we could have ever expected, and excited buyers are now happy residents.”

Situated at Hwy. 7 and Rockwell Road — just east of Bayview Avenue and near the 404 — Royal Gardens’ location makes commuting in any direction a breeze; and for those without a car, easy access to the VIVA Transit system is conveniently located steps beyond the condominium’s front door.

The VIVA Transit system makes all that Richmond Hill has to offer incredibly accessible: schools, community centres, dining, shopping and places of worship are just a short, convenient ride away. There’s a wealth of nearby shopping opportunities, with access to numerous malls, the shops of Yonge Street and big box stores on Hwy. 7, while dining and cultural opportunities abound.

With construction just completed, there is a fabulous inventory of finished suites – some still available for move-in today. Ranging from $259,900 to $567,000, Royal Gardens offers one-bedroom, onebedroom-plus-den, two-bedroom and two-bedroomplus-den layouts, with penthouse lofts available in two-, three- or three-bedroom-plus-den layouts. Unit sizes range from 520 to 1,232 sq. ft.

The suites feature contemporary kitchens, luxurious bathrooms and large balconies with glass railings. The spacious party room equipped with a multi-function kitchen and bar makes entertaining a breeze. The state-of-the-art fitness facility features a relaxing whirlpool and sauna – plus an indoor golf simulator for those looking to work on their game.

Liberty Development Corporation is a company known for its commitment to building sustainable communities, which remains true for Royal Gardens Condos. The Green community incorporates modern, environmentally friendly materials and technologies to provide opportunities for reducing energy consumption and enhancing energy conservation.

For your chance to live in Richmond Hill’s new royal community, call 905.889.9997, or email info@royalgardenscondos.ca and visit the sales centre at 370 Hwy. 7 E., suite 111. Hours are Monday to Wednesday, noon to 7 p.m.; Saturday, Sunday and holidays noon to 6 p.m.; and by appointment only on Thursday and Friday.

jun 21 - jul 5, 2014 new Condo Guide 039

Mortgage Matters

// by alyssa richard

Why mortgage rates vary from lender to lender

O

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

ver the past several weeks, we saw mortgage rate wars continue in Canada, as different lenders all tried to get a bigger piece of the spring real estate pie. First, Investors Group offered a three-year variable of just 1.99 per cent. Then Scotiabank dropped its five-year fixed down to 2.97 per cent, which was the lowest among the big banks. Finally, on ratehub.ca, we saw five-year fixed rates vary from 2.99 per cent in Quebec to 2.84 per cent in British Columbia.

It seems odd that lenders can all offer such different rates, right? I mean, if five-year fixed mortgage rates are driven by five-year government bond yields, how is it possible for mortgage rates to vary from lender to lender – especially from province to province? As it turns out, the answer is fairly simple.

Individual lending institutions set their rates based on what their profit objectives are, how much competition they have and what their marketing strategy is. We’ve seen how this works on a national level, when one of the big banks launches a new low rate before the other big banks, so they can get some press and gain a little more of the market share.

On a provincial level, though, we often forget how many credit unions and small lenders exist in only one province. And if a small lender in one province sets a new low rate, there’s no reason for small lenders in other provinces to follow suit because they are not direct competitors.

Finally, on a city level, it can also become a classic case of supply and demand. For example, in a city such as Toronto, where there’s a greater demand for housing and thus mortgages, there’s a need for lenders to supply the lowest mortgage rates, so they can compete for a portion of the market share. However, in comparison to somewhere like Yellowknife, where there are significantly fewer people, homes and real estate transactions, buyers have fewer lenders to choose from, so lenders can charge higher interest rates.

On top of the role lenders play, you also need to consider what the mortgage brokers who work with each individual lender choose to do with their commission. Some brokers choose to keep the full commission, and others decide to split it with clients in the form of a lower rate.

What does all this mean for you? If you’re thinking of buying a home this year, don’t just walk into your bank and accept the rate they offer you.

Work with a mortgage broker who can find the best mortgage rate and product for you.

Individual lending institutions set their rates based on what their profit objectives are, how much competition they have and what their marketing strategy is 040 new Condo Guide jun 21 - jul 5, 2014

JUN 21 - JUL 5, 2014 NEW CONDO GUIDE 041

044

045

condo profile

Live life large

y

in a Pemberton Group condominium

ou could live large in a spectacular new Pemberton Group condominium in many of the company’s outstanding communities, all found in prime locations. Discover remarkable value and top-notch finishes and features in a selection of suites designed specifically for spacious living. Hurry to take advantage of limited-time-only special incentives.

Pemberton’s Ten93 Queen West is located on the southwest corner of Queen Street West and Dovercourt Road, and embodies an eclectic fusion of art, culture,

044 new Condo Guide jun 21 - jul 5, 2014

PICTURED below

Ten93 Queen West embodies an eclectic fusion of art, culture, creativity and style ON opposite PAGE PICTURED top

SkyGarden at SkyCity has a lounge-style seating, barbecue stations, and an alfresco dining area PICTURED bottom

Downtown Erin Mills will have its own on-site recreation centre with a fabulous party room

creativity and style in a unique urban environment.

The 1,160-sq.-ft. two-bedroom, two-bathroom suite has a corner balcony, and is priced from $647,000. An alluring loft design offers 1,120 sq. ft. over two levels and features two bedrooms, two full bathrooms, and a powder room on the main level, priced from $673,000.

Under construction on Bay Street, U Condominiums is steps from exciting Bloor-Yorkville.

Just two expansive suites with glorious views remain in the upper floor new release. The 896-sq.-ft. twobedroom, two-bathroom King is priced from $749,900.

The Massey is a grand two-bedroom, two-bathroom plus den suite, measuring 1,477 sq. ft., priced from $1,200,900.

Now is your final opportunity to own a move-inready Yorkville Signature Collection suite at The Uptown Residences. The 48-storey Art Deco-inspired

registered condominium at Bloor and Balmuto is surrounded by Toronto’s most famous shopping, fine dining, galleries, spas and nightlife. Available suites are on the upper floors. The Bergman, a deluxe two-bedroom-plusden 1,270-sq.-ft. suite is priced from $1,059,900, and The Hayward, a 1,860-sq.-ft. layout featuring two bedrooms plus a library, is priced from $1,368,900. View the model photos online.

At Vivid Condominiums in Etobicoke, unbeatable value can be yours when you select any of the affordably priced suites in this successful condominium. You can move in this year, and the indoor pool and other community amenities are ready to enjoy. Walk to the Islington subway station, Kipling GO station, plus Hwy. 427 is close by. Consider a twobedroom plus sitting room design at 1,050 sq. ft. is priced from $446,990.

An open-concept one-bedroom-plus-den layout measures 1,080 sq. ft., and is priced from $408,990.

Head west and you’ll find Downtown Erin Mills Condominiums.

Mississauga’s stylish residence is steps from Erin Mills Town Centre.

Residents will have their own recreation centre, plus easy access to

Mississauga Transit, GO bus service and the new LRT. Hwys.

403, 407 and 401, and the Streetsville GO station are also close by. The 930-sq.-ft. Plymouth two-bedroom-plus-den layout is priced from $398,907. Families looking for lots of space will appreciate the three-bedroom 1,390-sq.-ft. design, priced from $649,651.

SkyCity and Miracle At Yonge are located in Richmond Hill City Centre, steps to York Region transit, major highways and the shops and services at Yonge and Hwy. 7.

Miracle At Yonge offers 30-day move-in dates, and you can tour the two-bedroom models online or in person. The 960-sq.-ft. Sienna and the 940-sq.-ft. Sapphire are both priced at $374,900. Phase 1 at Sky City is under construction, where the 960-sq.-ft. two-bedroomplus-den suite is priced from $426,000, and a one-of-a-kind two-bedroom-plus-den, at 1,155 sq. ft., is available at $433,500.

For more information on Pemberton’s many fine communities, visit online at PembertonGroup.com, and follow the company on Facebook and Twitter. jun 21 - jul 5, 2014 new Condo Guide 045

style file

Small kitchen,

big plans // by blima ehrentreu

A kitchen is not just a space for cooking and

eating anymore; it is a central area for gathering and entertaining. Therefore, it’s important that the kitchen is efficient, and not only works for how you live but is also aesthetically appealing. Its overall design needs to provide function, storage and beauty – especially crucial in a small space!

Compact condos require smart planning, because every square foot is pivotal. Consequently, an openconcept design is a good way to maximize space and keep the area from feeling crowded. Many of today’s modern condo suites boast kitchens open to the dining

and living room, which not only enhances the kitchen, but also makes the whole space feel larger. This results in an open, airy effect, using minimum square footage.

Be consistent! Since kitchens are commonly exposed to other areas of the home, it’s important to integrate the design between the spaces. Continuing the wall colour and keeping the floor finish consistent are just some ways to avoid a design conflict between the rooms.

Escape to the island. One way to define the kitchen space from the rest of the living space is by continued on page 48…

046 new Condo Guide jun 21 - jul 5, 2014

style file

continued…

incorporating an island. The island adds function without closing off the kitchen from the adjoining rooms. It also offers storage, prep space and seating, and it serves as a great focal point; think of it as a luxurious piece of furniture. With just an island separating the kitchen from the dining and living area, the amount of natural light flooding the kitchen is increased, making it feel more spacious.

Maximize storage. People often overlook the importance of storage in a kitchen. Use every corner possible, especially in a small kitchen. Consider cabinetry that extends up to the ceiling, because it not only allows for extra storage, but also prevents unwanted dust collection. Additionally, include different-sized drawers and cabinets to keep things organized and efficient. For example, deep drawers are for easier access to pots and pans, with space for larger appliances. Shallow drawers are great for organizing the smaller items that you keep in the kitchen.

Lighting is everything. Proper lighting can create the illusion of more space in a small area.

Whether your kitchen is painted in light or dark hues, it is important to have as much natural light as possible. Light will not only visually enlarge the space, but it will also create a clean, fresh atmosphere. It is essential that a kitchen be well lit to enable you to work and cook properly. The light should be in front of you to illuminate your workspace. Under-cabinet lighting, as well as pendants or pot lights, help to brighten the space.

048 new Condo Guide jun 21 - jul 5, 2014

Being tight on space does not mean that you cannot have your dream kitchen. Keep the design clean, light and functional to create an efficient and beautiful result that will have you content in your kitchen, day in and day out.

tips › Use full-height cabinets, recessed lighting and glass doors to open up the space › Make your backsplash a focal point with a decorative tile or stone to give the illusion of more space › Use similar tones of colours on counters, backsplash and cabinetry for a cohesive look › Look for unused wall space to hang shelves for additional storage › De-clutter your surfaces.

Countertop space is a hot commodity and should be reserved for items used more frequently

Blima Ehrentreu is a Toronto-based accredited interior designer and principal of TheDesigners.

TheDesigners is a boutique interior design firm founded by designers Blima Ehrentreu and Adina Hofstedter. The firm is dedicated to designing innovative residential and commercial spaces that transform their clients’ aspirations and enhance their overall living experience. thedesignerstoronto.com june 7 - 21, 2014 new Condo Guide 048

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Presentation Centre: 25 Nelson Street, Toronto Mon. – Thurs.: 1pm – 7pm, Fridays: Closed Sat., Sun. & Holidays: 12pm – 6pm

Brokers Protected, Limited Time offer. See Sales Rep for full details. Prices, Specifications and programs are subject to change without notice. Illustrations are artists concept. E & O.E. *Provided the purchaser completes the transaction on the contemplated unit transfer date the purchaser shall receive a credit on the statement of adjustment in the amount equal to 12 monthly common expense fees relating to the unit and any parking or storage applicable. Deposit 5% down and 10% due on occupancy.

studiocondos.ca • 647.352.7736

in the news

Canary district

businesses that cater to local residents’ needs,” says Dundee Kilmer president Jason Lester.

“We understand the right retail and commercial mix is critical to achieve that goal, maximizing the marketability and profitability of this project.”

Dundee Kilmer is pursuing a range of operators in key categories including health and wellness retail (e.g. a destination sports and recreation outfitter, cycling shop, yoga studio, etc.), cafes and restaurants, and neighbourhood conveniences and amenities including a bank and an urbanformat grocery store. “This is very much a mixed-use neighbourhood, so we need to give people a reason to not only live here, but also to eat, shop and use other services that appeal to their interests,” Lester adds.

Businesses selected for tenancy Developer Dundee Kilmer has announced plans to hand-pick health in Canary District will be mainly and wellness retail and commercial tenants, to further promote business local or regional independent sustainability and create a destination neighbourhood at the Canary operators. Dundee Kilmer is already District. pursuing relationships with brand Working with development advisers Live Work Learn Play Inc., all name retailers. retail and commercial tenants will be selected using criteria such as their The developer employed a concept, quality of experience and previous retail track record, to ensure similar approach to selecting long-term fit and viability within the community. commercial tenants when it was With more than 46,000 sq. ft. of ground-floor retail space along Front tasked with re-imagining Toronto’s Street, from Cherry Street to Bayview Avenue, the mid-rise Canary historic Distillery District. Since District will house 26 unique and complementary businesses occupying re-opening in 2003, the Distillery spaces of between 400 to 4,100 sq. ft., upon completion beginning in 2016. has become a thriving commercial “We have an opportunity to make the Canary District one of the city’s destination and one of Toronto’s top most attractive mixed-use communities by selecting a special group of tourism attractions.

to attract retail and commercial tenants with health and wellness theme

050 new Condo Guide jun 21 - jul 5, 2014

be a part of something big YOUR 35-ACRE FRONT YARD – ONLY AT CANARY DISTRICT

COMING SOON, THE EXCITING SECOND PHASE OF CANARY DISTRICT Canary Park Condominiums is the doorway to Canary District, which is Toronto’s visionary master-planned, transit-friendly, urban village just 5 minutes east of downtown.

Suites from the mid $200’s.

REGISTER AT CANARYDISTRICT.COM OR CALL 416.603.7576

@canarydistrict

/thecanarydistrict

Exclusive Listing: Baker Real Estate Incorporated, Brokerage. Brokers Protected. Prices and specifications are subject to change without notice. E. & O.E.

JUN 21 - JUL 5, 2014 NEW CONDO GUIDE 051

luxury homes and condos to life

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JUN 21 - JUL 5, 2014 NEW CONDO GUIDE 053

The real Deal

// by Brad J. Lamb

Buy or rent?

Brad J. Lamb is president of Lamb Development Corp., one of Canada’s leading condominium development companies, as well as Brad. J. Lamb Realty, Toronto’s top condo real estate brokerage. Over the last 25 years he has successfully led the marketing and sales programs for over 100 condominium projects in Toronto, Ottawa, Montreal and most recently Calgary. Visit torontocondos.com or follow Brad on Facebook, Instagram and Twitter @BradJLamb

I

just can’t understand how anyone can buy the story being sold by real estate “Chicken Littles,” that renting a home is better than buying a home. Unless your ownership time line is one to two years, it just doesn’t hold water.

Too many people put housing ownership on hold, waiting for a potential romantic relationship to start, or even evolve to the point of a long-term commitment or marriage. I can’t tell you how many buyer clients at Brad J. Lamb Realty Inc. told us their buying time line was two to four years, as they would likely want to “upgrade to a house” when they got married or

054 new Condo Guide jun 21 - jul 5, 2014

moved in with their significant other. Most of these buyers stayed five to 10 years in that same first home.

Relationship reality in 2014 means that cohabitation, marriage and kids just don’t happen at the same early age or rate as they did even 10 years ago. Putting a home purchase on hold for a “possibly-maybe-not going to happen soon” situation is just bad financial planning.

First-time buyers in 2004 paid $150,900 for a 540-sq.-ft. suite. Now fast forward to 2014 and their mortgage is down to $95,000. The current value of the condo is $325,000. With 10 per cent down in 2004, they now have $234,000 of tax-free equity in their first home. With just $15,000 down, they have earned 15.3 times their down payment, or 1,533 per cent return over 10 years! They now have 23.4-per-cent down payment on a $1-million dream home, if they so choose. Even a late-night basementdwelling, success-hating Garth Turner-following blog troll cannot refute this reality.

The numbers offered above are from actual transactions. These opportunities happened all over the city in 2004/2005 (66 Portland, 32 Stewart, Radio City, Spire, 10 Morrison and dozens more). Anyone could have done this. Remember the great recession of 2008 happened in the middle of this 10-year hold.

It is your choice if you want to believe the “renting is better than buying” advocates. I do my best every day to try and show young people how average everyday people have massively changed their lives through buying a home and are currently enjoying their lives through the pleasure of ownership. It’s nice knowing that every dollar invested in your residence is for your benefit and enjoyment.

I can attest to many thousands of first-time buyers that have given themselves an amazing kick-start in buying their ultimate dream home by starting young with a condominium.

IT’S BACK. DON’T MISS OUT.

E-A-S-Y

THE OWNERSHIP PROGRAM:

CAN YOU AFFORD TO BUY AT THE STATION? YES YOU CAN!

These days, with rent on a 2-bedroom apartment in Toronto reaching $2,000/month and beyond**, saving for a down payment can feel next to impossible. But at The Station, our new deposit structure* makes saving a snap. So not only can you afford to buy your own place, but the place you call home can be at North York’s award winning record-breaking development. Here’s how it works.

LET’S SAY YOU’RE LOOKING AT ONE OF OUR EXCEPTIONAL 2 BED + 2 BATH SUITES. YOU GET:

• • • • • •

A sweet corner unit An enormous 175 s.f. balcony Granite countertops Euro-style appliances A window in the master ensuite A place you won’t grow out of

YOU PUT DOWN

$10,000

THE PRICE IS A COOL $450,000, SO SAY YOU PUT DOWN 10% 10% DOWN = $45,000

10%

SOUNDS SCARY, RIGHT? BUT HERE’S WHAT THE STATION WILL DO FOR YOU.

$450,000

WE’LL MATCH THAT

$10,000 = $20,000

WITH A $10,000 DISCOUNT OFF THE PRICE OF YOUR CONDO.

Just like that, in 13 months, your down payment will be done and you’ll be the proud owner of an amazing new condo with expansive Terrence Lukas-designed interiors, spacious balconies, and amenities like The Studio Club, fitness centre and the city’s first indoor/outdoor heated party rooms.

ONLY $25,000 TO GO.

FOR THE NEXT 13 MONTHS, YOU PAY JUST $962/MONTH TOWARD THE DOWN PAYMENT AND WE’LL MATCH IT WITH AN EQUAL $962 DISCOUNT OFF THE PRICE OF YOUR CONDO.

SAFE – The Station is already under construction.

SMART – Easy subway access and a 20-minute ride to downtown, mean condos at The Station will always be in demand.

GREAT DEAL – With this innovative down payment plan you can finally afford to own your own place.

RUN. WALK. SUBWAY. HURRY. UNDER CONSTRUCTION.

WILSON SUBWAY

YORKDALE MALL

TIPPETT RD

ALLEN

RD

WILSON AVE

HWY.401

YORKDALE SUBWAY

416.398.9777 THESTATIONCONDOS.COM

On Tippett Road, south of Wilson Avenue / Mon to Wed 12–6pm Sat + Sun 12–5pm *Conditions apply. On select suites only. See sales rep for details. Prices, specifications and deposit structures are subject to change without notice. E. & O.E. Exclusive Listing Brokerage: The Condo Store Realty Inc., Brokerage. Brokers protected. Illustration is artist’s impression. **Source: theglobeandmail.com

JUN 21 - JUL 5, 2014 NEW CONDO GUIDE 055

investor advice

// by andrew la fleur

Top 5 most “rentable”

qualities in an investment condo

2. Affordable price. Following location, the thing that renters look at most closely is the cost of the rent. The lower the price, the more potential tenants you will attract. Keep in mind that most renters aren’t looking for spare rooms and fancy finishes. Therefore, buy small and buy cheap.

3. Extensive amenities. While some renters prefer a smaller, quieter building with little or no amenities, generally speaking most renters would choose a building with plenty of amenities over one without. The most important amenity by far is a good gym.

Andrew la Fleur is an award-winning realtor with Re/Max. Andrew’s expertise is in helping investors make money in the Toronto condo market. Visit TrueCondos.com/NewCondoGuide for a free gift. Contact Andrew at 416.371.2333 or andrew@truecondos.com

Y

our investment condo is only useful to you if you can find tenants to rent it out and put cash back in your pocket. Shopping for a condo from the perspective of a landlord is different than shopping as a homebuyer. Yes, you have to like it. But more importantly, renters have to want it.

With an eye toward what will draw the most quality tenants, here are my top five most “rentable” qualities to look for:

1. Convenient location.

Renters today more than anything are concerned about having a location that is convenient to work, shopping and pubic transit. Buy near these three, and you will have a winner.

056 new Condo Guide jun 21 - jul 5, 2014

4. Flexible floor plan. Floor plans that allow for different uses of the space, for example a den that could be a second bedroom, will once again open up your unit to more potential renters.

5. Window coverings. This seems like a small thing, but something that is very important to tenants. Invest in a good set of window coverings and your unit will be more attractive to tenants and will rent out faster.

Floor plans that allow for different uses of the space, for example a den that could be a second bedroom, will open up your unit to more potential renters

ASK ABOUT

*

NOW ON SALE IN DOWNTOWN EAST One Park Place North Tower was such an incredible success that we decided to introduce

5

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There are so many reasons to choose ONE Already under construction, One Park Place South Tower is the newest addition to the internationally recognized and award-winning Regent Park revitalization.

Offering incredible views of Lake Ontario as well as the city skyline and situated just steps from some of the city’s hottest new amenities including Daniels Spectrum, the Aquatic Centre and a soon to open 6-acre park, as well as shopping, restaurants and the convenience of the TTC, One Park Place South Tower is the ONE place to be in downtown Toronto.

Parliament St.

SUITES FROM THE LOW

Cole St.

Regent St.

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One Park Place Presentation Centre 500 Dundas Street East Monday, Tuesday & Thursday: 12 - 6pm Wednesday: 12 - 8pm Saturday & Sunday: 12 - 5pm Friday: Closed

*The First Home Boost Program is only available on a limited number of suites. Conditions apply.

Exclusive Listing: CityLife Realty Ltd. Brokerage. Brokers Protected. Illustrations are artists concepts. Prices and specifications are subject to change without notice. E.&O.E. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without prior written permission of The Daniels Corporation, is strictly prohibited.

%

DOWN

REGENT PARK BOULEVARD – THE URBAN MEWS

One Park Place South Tower’s location at Dundas and Sumach Streets is beyond sensational!

Residents can walk out of the lobby entrance onto Regent Park Boulevard – a pedestrian friendly urban mews, to access numerous amenities. Among these are Daniels Spectrum, the 60,000 square-foot cultural hub for dance, music theatre and film; Paintbox Bistro, featuring the cuisine of Toronto Chef Chris Klugman and live entertainment; the 6-acre community park off of Dundas Street that will be open this June and will include a playground with a working mini-train, an off leash dog park, bake oven, water play plaza and much more; the Regional Aquatic Centre; new Community Centre under construction; FreshCo by Sobeys; Rogers; Tim Hortons; RBC Royal Bank; and public transit. Plus, during the summer, the Regent Park Farmers’ Market is a hit with foodies from across the city.

DANIELS SPECTRUM

REGIONAL AQUATIC CENTRE

NEW RETAIL

COMMUNITY CENTRE

REGENT PARK ATHLETIC GROUNDS

NEW SIX-ACRE COMMUNITY PARK OPENING THIS JUNE!

6-ACRE COMMUNITY PARK

Phase One of the revitalization is complete; Phase Two is well underway; and exciting plans for Phase Three have been announced and work has commenced. Plans include the 2.8-acre Regent Park Athletic Grounds funded through support from MLSE Foundation, The City of Toronto and The Daniels Corporation. This dynamic recreational space will feature a refurbished hockey rink, a new basketball court, a new soccer/cricket pitch and a running track.

Within this invigorating setting, One Park Place South will feature 17 urban townhomes at its base, easing the visual transition to the tower from the streets. Among the building’s highlights will be over 45,000 sq. ft. of indoor and outdoor relaxation, exercise and social amenities at CLUB UNO: a half-court gymnasium, two squash courts, a fitness studio, indoor/outdoor yoga and Pilates studio, a party room, billiards room and lounges. Taking amenities to the next level, Daniels is also incorporating urban agriculture opportunities with resident gardening plots on the fifth-floor gardening terrace. Suite owners with green thumbs can grow herbs, flowers and spices as they mingle, chat and get to know each other. In addition, Daniels will offer programming that helps them make the most of all their amenities. On a sustainability note, One Park Place South Tower is being built to the LEEDŽGold Certification Standard and will offer future-proofed elements such as bicycle storage and energized parking spaces for electrified cars.

5TH FLOOR GARDENING TERRACE

URBAN TOWNHOMES

DANIELS’ ONE PARK PLACE SOUTH TOWER

A TOWERING SUCCESS IN TORONTO

Suites are going quickly at One Park Place South Tower, The Daniels Corporation’s newest residential condominium that is now on sale in the internationally recognized and award-winning Regent Park revitalization. Since January, homeowners have been moving into the completed North Tower, which was the fourth residence in this master-planned community. Already under construction, it’s sister residence, One Park Place South Tower, will rise to 29 storeys - the tallest condominium in Regent Park.

This translates to amazing panoramic lake and city views from expansive windows woven into the contemporary exterior design.

SUITES FROM THE LOW

$200,000s

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Interior suite finishes include European-style stainless steel kitchen appliances, contemporary quartz countertops, laminate flooring throughout, and kitchen and bathroom designs by Cecconi Simone. Suites are available in studios to three-bedroom designs, plus there are a limited collection of urban townhomes. Prices start from the low $200,000s and Daniels is making homeownership incredibly easy with their 5% Gradual Deposit Payment Plan: pay $3,500 with the Agreement of Purchase and Sale, then $1,000 each month until 5% of the purchase price is reached. If you do not own a home and are currently renting, you may qualify for Daniels’ First Home BOOST. This innovative Down Payment Program provides an INTEREST-FREE and PAYMENTFREE loan for an additional 10% of the purchase price, turning your 5% deposit into a 15% down payment! This program allows you to carry a mortgage for only 85% of the purchase price, which means lower monthly carrying costs—and the most attractive opportunity to get into homeownership in the city.

The Daniels Corporation (danielshomes.ca) is one of Canada’s preeminent builder/developers, building more than 25,000 new homes across the Greater Toronto Area for over 32 years. Daniels was named the Tarion Warranty Corporation’s 2012 Ontario High Rise Builder of the Year and the recipient of the 2012 Toronto Arts and Business Award presented by the Toronto Arts Foundation. Among its many initiatives, Daniels was chosen to partner with Toronto Community Housing to revitalize Regent Park – 69 acres in Toronto’s Downtown East. Committed to community, Daniels offers innovative programs that help people achieve homeownership, champions neighbourhood initiatives that enhance quality of life, and supports numerous charities and non-profit organizations.

SUITES FROM THE LOW $200,000s CALL OR VISIT US 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

The Canadian mortgage market rests in a delicate balance Housing activity high in three major markets, while most of Canada experiences slowdown First-time homebuyers continue Highlights to enter the Canadian housing » 55 per cent of homes purchased in 2013 were bought by market in substantial numbers, first-time buyers encouraged by low interest rates » Most Canadians say they have no regrets taking on the size of and acting in response to their mortgage they did, and that real estate is a good long-term investment own favourable economic » 66 per cent agree in some degree that mortgages are a form of circumstances, according to the “good debt” Canadian Association of » House prices in Toronto, Calgary and Vancouver have increased by Accredited Mortgage Professionals a year-over-year rate of 8.2 per cent, compared to just 2.9 per cent (CAAMP), in its latest consumer in the rest of Canada survey report, Looking for a “New » By 2015 housing starts will have fallen by 20 per cent compared to Normal” in the Residential levels in 2011 and 2012 Mortgage Market. » More than 80 per cent of homeowners in Canada have 25 per cent The report looks at Canadians’ or more equity in their homes attitudes about their purchase » The average mortgage interest rate is 3.24 per cent, a drop from decisions and found that the average of 3.5 per cent found in the fall 2013 survey homeowners appear to be “happy with the decision to buy their “From the consumer perspective we have a picture of a very confident, home.” They say they feel confident healthy mortgage market,” says Jim Murphy, president and CEO of they can weather a downturn in CAAMP. “Key to the current stability in the mortgage market is the fact the housing market, and they that Canadians continue to pay down their mortgage debt faster than consider mortgage debt to be “good they are required, and they continue to take out five-year, fixed-rate mortgages. Canadians who renew their mortgages are seeing their debt.” Their attitudes are the same whether they live in Toronto, interest costs reduced, which is boosting their personal financial Calgary or Vancouver, where prices circumstances, and this will continue to be a positive force during the continue to rise, or in areas where coming year.” home prices are stabilizing.

The report looks at Canadians’ attitudes about their purchase decisions and found that homeowners appear to be “happy with the decision to buy their home” continued on page 60…

058 new Condo Guide jun 21 - jul 5, 2014

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JUN 21 - JUL 5, 2014 NEW CONDO GUIDE 059

in the news

continued…

Low interest rates stimulate home purchase, mortgage debt reduction, optimism

Canadians are reducing their mortgages by negotiating lower interest rates, making lump-sum pre-payments and repaying their mortgages at, on average, twothirds of their contracted amortization periods. This has created an attractive landscape for new homeowners, as historically low interest rates have attracted increasing numbers of first-time buyers, who made up 55 per cent of new homes purchased in 2013.

In the survey, Canadians express a strong belief that “real estate in Canada is a good long-term investment” and agree that mortgages are a form of “good debt.” Canadians still feel optimistic about the economy in the coming 12 months, and say they have no regrets taking on the size of mortgage they did.

Economic storm clouds

Even as the housing market appears buoyant, new housing starts have dropped, a slowdown that is just getting started, raising warning flags over bigger negative impacts to come.

“Across Canada the housing market is slowing, and has been on a downward swing since the mortgage policy change in 2012,” says Will Dunning, CAAMP chief economist. “While the national market may look healthy, activity in the Greater Toronto Area (including Hamilton), the Greater Vancouver Regional District and the Calgary area is skewing the numbers high. In the rest of Canada sales activity has weakened 060 new Condo Guide jun 21 - jul 5, 2014

and house prices are flat, and even falling in some communities. Housing has played a key role in driving economic growth and job creation in Canada. But looking ahead, decreased starts and slower price growth will throw off the balance between the housing market and the overall economy.”

The Report urges policy makers not to confuse rising home prices in the GTA and Greater Vancouver, where urban land shortages are driving prices, and the Calgary area, which currently benefits from strong job creation, with the slowdown which is evident in other communities across the country.

The strongest indicator is housing starts. The Report says new urban lowrise housing starts have dropped by around 15 per cent and it is expected that apartment starts will also soon follow. The overall impact is that starts will have dropped by 20 per cent by late next year, compared to 2011 and 2012 levels.

This matters because the housing market is closely tied to the economy, generating jobs in construction, manufacturing, financial services and more. Each new single-family home built in Canada creates two to two-and-a-half “person years” of employment, so a slowdown in starts will inevitably result in fewer jobs.

In addition, a slowdown in the housing market dampens consumer confidence, which is typically boosted by house prices. Declining consumer confidence leads to a decrease in spending, which will negatively impact the broader economy.

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JUN 21 - JUL 5, 2014 NEW CONDO GUIDE 061

CHINESE HOME & CONDO GUIDE 網上 參閱

各式電子工具都可瀏覧

ChineseHomeGuide.com

Issue 5 Jun 21 - Jul 26, 2014 Volume 3 六月二十一日至七月二十六日 /

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Chinese home and condo buyers and investors now have a new comprehensive, full gloss real estate magazine to inform and guide them through the buying process in the Greater Toronto Area.

Launched in 2012, the Chinese New Home and Condo shopper and investor will have a valuable new resource to help inform and guide them through the newest communities in the Greater Toronto Area.

Pick Up Your Copy Today or call us for a free copy at 416.626.4889!

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GTA Chinse Front Cover 06-21-14.ind

newcondoguide.com 062 NEW CONDO GUIDE JUN 21 - JUL 5, 2014

APRIL 12 - 26, 2014 NEW CONDO GUIDE 062

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Homebuyers’ Help

// By Anthony Jong

Assigning your new condo

Anthony Jong is a broker at Re/Max Hallmark Realty Ltd., Brokerage, specializing in homes, condos and commercial properties.

Email anthonyjong@live.com, visit online at anthonyjong.ca or call at 416.836.2821

T

he city of Toronto is about to see nearly 20,000 condominium units completed by the end of 2014.

Among them, many investors will be looking to sell the units as assignments. For those investors who intend to sell or ‘flip’ their unit prior building registration and final closing, there are many aspects of an “assignment sale” to consider.

An assignment is a sale of your interests in an original Agreement of Purchase and Sale with the developer of a new condo to a new buyer. Once the assignment is agreed upon, the new buyer assumes all covenants and responsibilities of the original

agreement with the builder. This process is more complex than the common resale transaction. Here’s a short list of items to review in an assignment deal.

Consent is everything. Without the builder’s consent to assign the original purchase agreement to a new buyer, the seller (or original buyer) is dead in the water. Ten out of 10 Purchase Agreements from the builders that I have seen will contain a clause that enables the builder to withhold consent of an assignment without reason. However, with that being said, many of these same builders consent to assignments via an amendment to the original Agreement of Purchase and Sale. The consent is offered conditionally to attract more sales, particularly those investors seeking an early way out prior to final closing. It is extremely typical for builders to allow assignments conditional upon a percentage of the building being sold and/or after commencement of construction. In more ways than one, this is a strategy often used by builders to control the price and marketing of their product so that investors do not engage in quick flips. Regardless of the profit or loss in an assignment sale, builders typically charge a flat fee in the range of $2,500 to $5,000 (plus HST). The investor flipping the unit commonly pays this fee.

Assignments may take place before construction or after occupancy until the building registers (or final closing), at which point the unit becomes a resale property and the assignment of the unit will not apply. The builder determines the time frame during which the condo can be assigned. Some builders may also restrict assignments after giving the minimum 30 days

continued on page 66…

064 new Condo Guide jun 21 - jul 5, 2014

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JUN 21 - JUL 5, 2014 NEW CONDO GUIDE 065

Homebuyers’ Help

continued…

An assignment is a sale of your interests in an original agreement of purchase and sale with the developer of a new condo to a new buyer.

Once the assignment is agreed upon, the new buyer assumes all covenants and responsibilities of the original agreement with the builder.

This process is more complex than the common resale transaction.

notice of final closing to all owners. Other builders are more lax and permit the closing date of an assignment to coincide with the final closing date of the unit. It is crucial to pursue the builder and find out the deadline for assignments.

There are other factors pertaining to an assignment sale that should be taken into consideration.

Adjustments at the time of final closing with the developer will include development charges, utility connection fees, Tarion warranty enrolment fee, and a portion of the developer’s legal costs. The development charges are sometimes capped at a certain amount, but it is important to find out the approximate costs so there are no surprises at closing. Buyers have to take into consideration that these adjustments are part of the up-front closing costs.

All parties involved in an assignment transaction should clearly illustrate the amount of down payment from the original buyer held by the builder, and the potential profit (or price difference) of the “flip.” A payment schedule of these funds should be indicated to avoid confusion. There are certain ways to go about it. One example is, that the buyer pays the seller the amount equivalent to the existing down payment currently held by the developer, while payment of the profit is deferred to final closing. The Ontario Real 066 new Condo Guide jun 21 - jul 5, 2014

Estate Association created an Assignment to Agreement of Purchase and Sale for Condominiums that illustrates, with great clarity under Schedule B, the payout time line, which always seems to be at the forefront of every assignment deal.

All new housing units will qualify for the HST rebate, as long as the buyer is not an investor. If the buyer intends to become a landlord and leases out the unit, the HST rebate will also be forfeited, although the landlord may apply for an equivalent rebate during his/ her tenure. In an event that there is a loss of the HST rebate via assignment, the end buyer is ultimately responsible for this added cost, in addition to the new purchase price. So it is crucial for all parties involved to acknowledge this possibility.

City of Toronto will mail a supplementary bill for property taxes a year or two after the occupancy date.

The builders typically overcharge buyers on the tax reassessment and it is up to the buyer to negotiate an adjustment after receipt of the final tax bill, not only with the builder, but also with the original buyer.

Assignments in real estate can be delicate deals that require great attention to detail. It is important to find a real estate broker and lawyer, who have expertise in this area.

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in the news

Two-bedroom Opal suite design epitomizes

VALUE-PACKED LIVING AT EMERALD CITY 2

At ELAD’s successful Emerald City community in North York, special incentives make now the perfect time to become part of this pedestrian- and transitfriendly neighbourhood at Sheppard Avenue and Don Mills Road. For a limited time, qualified purchasers can buy with only five per cent down, which is wonderful news for first-time homeowners. Plus, owners in Emerald City 1 can move in right away, and those who choose Emerald City 2 will have occupancies as early as this summer. And there’s more! Choose the two-bedroom, two-bathroom Opal Suite-of-the-Month (approximately 901 sq. ft.), and for a limited time, get a free parking spot and locker, or receive $35,000 off the purchase price.

With the incentive, the Opal model sale price starts at $399,900 and is a popular example of the appealing suite designs available. The main living area is open concept, where glorious natural light streams in from two window walls, one of which looks out to the generous balcony. The living/dining room has ample room for furniture, and a handy breakfast bar counter sets off the kitchen. This is the perfect spot for entertaining, with beautiful exterior views of the striking surroundings – and on pleasant days, guests can spill out onto the balcony. For enhanced privacy, the master bedroom and ensuite are situated at the opposite end of the suite from the second bedroom.

With the incentive, the Opal starts at $399,900 and is a popular example of the appealing suite designs available Hundreds have already moved into Emerald City, which is located near the fabulous Fairview Mall.

Residents also live close to Hwys. 404 and 401, and have a myriad of public transportation choices, including the subway and city buses on Sheppard and Don Mills.

Within the Emerald City community, ELAD is building the Parkway Forest Community Centre. Slated to be completed by spring 2015, this approximately 50,000-sq.-ft. facility will be home to a gymnasium, YMCA-run day-care centre, rooftop garden, outdoor pool and pavilion. Yet another thing that sets this neighbourhood apart is the inclusion of unique public art created by Canadian novelist and visual artist Douglas Coupland, who was named to the Order of Canada in 2013 for his artistic contributions to the country’s 068 new Condo Guide jun 21 - jul 5, 2014

Artist’s concept

cultural landscape. “Four Seasons” is the first phase of the art installation, which consists of four coloured cones that stand from 48 to 60 ft. high, seven smaller cylinders (six on Block A and one slated for the front of the Community Centre), the exterior address signage for each condo tower within the first three phases of the Emerald City Community, and the three charming TTC light standards at the ground-level parking exit.

Emerald City 1 offers residents a Kids’ Gymboree play area and roughly 9,000 sq. ft. designated for retail.

A limited number of one-bedroom-plus-den and twobedroom-plus-media suites are available, with sizes ranging from approximately 735 to 1,009 sq. ft. The largest is the Flora, which is available as a furnished model suite for touring. Tower 2 will rise to 29 storeys and will feature a gym, spa and landscaped outdoor terrace. Available one-bedroom to two-bedroom-plusden/media suites range in size from approximately 539 to 907 sq. ft. Prices start at $255,900.

ELAD’s development portfolio includes multiresidential projects and condominiums in Montreal and Toronto.

Hurry to take advantage of the limited-time incentives at Emerald City. Visit the presentation centre at the southeast corner of Don Mills and Sheppard. Hours are Monday to Thursday 11 a.m. to 6 p.m.; Saturday and Sunday from noon to 5 p.m. Visit emeraldcitylife.ca or call 416.492.0001.

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

JUN 21 - JUL 5, 2014 NEW CONDO GUIDE 069

CMHC Report

May 2014 housing starts were trending at 184,438 units in May compared to 183,872 in April, according to Canada Mortgage and Housing Corp. (CMHC). The trend is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR)1 of housing starts.

“In May, the trend in housing starts was virtually unchanged for the third consecutive month. This is in line with CMHC’s analysis indicating that the new home construction market in Canada is headed for a soft landing in 2014,” says Bruno Duhamel, manager, Housing and Economic Analysis. “Builders are expected to continue to manage their starts activity in order to ensure that demand from buyers seeking new units is first channeled toward unsold completed units or unsold units that are currently under construction, including condominium units.”

CMHC uses the trend measure as a complement to the monthly SAAR of housing starts to account for considerable swings in monthly estimates and obtain a more complete picture of the state of the housing market.

In some situations analyzing only SAAR data can be misleading in some markets, as they are largely driven by the multiples segment of the markets which can be quite variable from one month to the next.

The standalone monthly SAAR was 198,324 units in May, a slight increase from 196,687 in April. The SAAR of urban starts increased to 180,813 units. Multiple urban starts decreased to 117,709 units while the singledetached urban starts segment increased to 63,104 units.

In May, the seasonally adjusted annual rate of urban starts increased in Atlantic Canada, Quebec, and British Columbia, held steady in Ontario, and decreased in the Prairies.

Rural starts2 were estimated at a seasonally adjusted annual rate of 17,511 units.

Housing starts in Canada

Housing Starts in Canada – All Areas * Thousands

275 250 225 198,324

200 175

184,438

150 May 2012

May 2013

May 2014

Housing starts, SAAR Housing starts trend line (six-month moving average)

Preliminary Housing Start Data May 2014

Apr 2014

May 2014

Trend1, all areas

183,872

184,438

SAAR, all areas

196,687

198,324

SAAR, rural areas

18,202

17,511

SAAR, urban centres2 Single-detached

59,845

63,104

Multiples

118,640

117,709 180,813

Total

178,485

Atlantic, urban centres2

3,205

5,842

Quebec, urban centres2

33,573

38,599

Ontario, urban centres2

63,910

63,904

Prairies, urban centres2

52,822

44,518

British Columbia, urban centres2

24,975

27,950

Canada

May 2013

May 2014

Actual, all areas

18,837

18,352

Actual, rural areas

2,319

1,739

Actual, urban centres2

May - Single-detached

6,441

6,170

May - Multiples

10,077

10,443

May - Total

16,518

16,613

January to May - Single-detached

22,704

21,358

January to May - Multiples

38,837

42,838

January to May - Total

61,541

64,196

All starts figures in this release, other than actual starts and the trend estimate, are seasonally adjusted annual rates (SAAR) – that is, monthly figures adjusted to remove normal seasonal variation and multiplied by 12 to reflect annual levels. By removing seasonal ups and downs, seasonal adjustment allows for a comparison from one season to the next and from one month to the next. Reporting monthly figures at annual rates indicates the annual level of starts that would be obtained if the monthly pace was maintained for 12 months. This facilitates comparison of the current pace of activity to annual forecasts as well as to historical annual levels.

1

2 CMHC estimates the level of starts in centres with a population of less than 10,000 for each of the three months of the quarter, at the beginning of each quarter. During the last month of the quarter, CMHC conducts the survey in these centres and revises the estimate.

070 new Condo Guide jun 21 - jul 5, 2014

Source: CMHC The trend is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR).

2 Urban centres with a population of 10,000 and over.

Detailed data available upon request 1

As Canada’s national housing agency, CMHC draws on more than 65 years of experience to help Canadians access a variety of high-quality, environmentally sustainable and affordable housing solutions. CMHC also provides reliable, impartial and up-to-date housing market reports, analysis and knowledge to support and assist consumers and the housing industry in making informed decisions. Follow CMHC on Twitter@CMHC_ca

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JUN 21 - JUL 5, 2014 NEW CONDO GUIDE 071

Designer Advice

What’s the

difference? // by Yanic Simard

When tackling your interior

besides the overwhelming array of fabrics, finishes, furniture, and fun accessories you’ll have to choose from, you may also find yourself facing an incredible amount of design vocabulary. design,

072 new Condo Guide jun 21 - jul 5, 2014

Although you may think you know what all these designer terms mean, you’ll probably be surprised to learn that at least a few of the true definitiondifferences are bigger than you’d have ever thought!

To help demystify some key phrases, with great small-space advice for good measure, here’s an installment of “What’s the Difference?”

Settee versus daybed Both of these essential seats can have a place in your condo’s furniture layout, but one of the most important differences is actually where and how they are used: as you’ll see the functions are almost completely opposite!

Settee This slim-lined seat has the

length of a bench and the back and arms of a very upright sofa (or a wide chair), but with a shallow depth. This compact form makes it an excellent choice for two areas of your condo: the foyer/entry, where space is especially tight (but a welcoming look is desired), or the dining area, to create a restaurant-style banquette seat without adding a built-in.

Daybed A daybed is also similar to a sofa, but rather than shallow it is usually especially deep, with a true mattress top for lounging or for sleeping an overnight guest. Use one of these in your combined office-guest room, especially if room isn’t available for a full sofa to fold out into a bed (as a daybed usually sleeps a guest parallel to its length, instead of perpendicular).

Credenza versus console At times these terms have been considered interchangeable, and many furniture stores may use the words in different ways. However, understanding the subtle distinctions will help you with some smart small-space solutions.

Credenza A designer typically

considers a credenza to be a heavy, solid piece of furniture with a lot of storage capacity, but not at the full height of a cupboard or wardrobe.

A chest like this works well in a condo space as it holds plenty of dishes, DVDs, or other essentials while keeping the eye line open to maintain a large-looking interior.

Console What a designer considers a console is

actually a very multifunctional furniture piece: a slim table (at dining/desk height, around 30 inches), typically with a leggy and open base and often intended to be pushed up to a wall. It can also make an excellent compact desk, act as a breakfast bar or cocktail station, or simply give you a space to drop your keys in your entry without cutting into traffic. jun 21 - jul 5, 2014 new Condo Guide 073

Although you may think you know what all these designer terms mean, you’ll probably be surprised to learn that at least a few of the true definitiondifferences are bigger than you’d have ever thought!

Rattan This natural material is made from over 600 varieties of palm plant found in tropical locations. Similar to bamboo, the long stems of plants are used to make strips of durable material, great for furniture making. I recommend using this true natural fibre for indoor wicker furniture, as it gives a luxe South Beach vibe appropriate for interior spaces.

Wicker Weaving plant-based (or synthetic)

Curtains versus drapes The technical difference between curtains and drapes may not surprise you, even if you didn’t think about it before: curtains are usually lighter, thinner, and only one layer, while drapes are more thick, opaque, and grand, typically with a sun-absorbing panel behind the beautiful face fabric.

Curtains To add privacy and softness without heavy investment, drape full walls in multiple inexpensive panels, using enough copies for a lush fullness. Choose a sheer material in a clean white to create a backdrop for your interior decor that looks timelessly luxe and elegant while filtering light (without hiding the view).

strands together creates wicker, a timeless furniture-making technique which results in a relaxed but sophisticated natural charm.

Although grassy rattan might be the first material you think of, quality synthetics can actually be preferable for very wet or sunny outdoor areas (i.e. Canadian balconies with our temperamental weather) as they will endure harsh conditions.

I hope this round of What’s The Difference? clears up some design confusion – maybe even a question you didn’t know you had! And of course, if you need even more help speaking the language of beautiful interior design, you can always contact me directly via tidg.ca.

Drapes As drapes often include a blackout liner, they create a

more opaque effect (great for bedrooms) and let you add colour inside while remaining “white to the street” as per common condo regulations. Combine a drapery layer and sheer curtain layer on separate tracks to keep your options, and view, open.

Rattan versus wicker Asking the difference between rattan and wicker is almost a trick question: rattan is a material that is often used to make wicker (a woven furniture style), so they can at times be the same and at other times be different.

074 new Condo Guide jun 21 - jul 5, 2014

Yanic Simard is the design editor of New Condo Guide and principal designer of the Toronto Interior Design Group. Specializing in residential and commercial projects, Yanic often applies his signature high/low and old/new combination design techniques in developing unique interiors. Yanic has created designs for clients in Toronto, Montreal and Miami, and has appeared as a regular guest expert on Citytv’s CityLine. For more information visit tidg.ca.

lav SH JUST 1 MORE REaSOn TO lOvE MinTO30ROE aT YOnGE & EGlinTOn

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416-915-3812 minto30Roe.com NOW UNDER CONSTRUCTION!

Buy now for

jusT 5%

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*

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Yonge & RoeHAMPTon fRom the mid $300s

sales Centre 2345 Yonge St.

Next to Shoppers Drug Mart

Mon-Thurs 12-7pm Sat-Sun 12-5pm

* Based on Deposit Bond and deferred deposits upon occupancy. Limited time offer. Conditions apply. Please see a Sales Representative for details. Prices and specifications subject to change without notice. Illustrations are artist’s impression. E. & O.E.

JUN 21 - JUL 5, 2014 NEW CONDO GUIDE 075

make your move

// by Chuck Resnick

Read & Understand your contract

Chuck Resnick is vice-president of marketing and operations, Two Men and a Truck Canada. twomenandatruck.ca

T

here’s an old rule in business: what is not in writing was never said.

Although some agreements may need just a handshake, others that involve a multitude of variables require a contract so that all the parties understand what is expected of them. This is particularly true when you hire professional movers. You’re obviously the “who,” but we also need to know exactly “what,” “where” and “when” in order to transport your items to your new

076 new Condo Guide jun 21 - jul 5, 2014

for a successful move

place. Within those general categories, there can be many details, and finding out about them on moving day is counter-productive. Think ahead.

The first thing to do is find a reputable mover. You can check online with the Better Business Bureau or the Canadian Association of Movers, and of course, find out who friends and family members have used. Select a company that has a tried-and-true track record. Then ask questions, and remember that the movers should be asking you a lot of questions as well to determine exactly what the move will entail.

When we meet customers to arrange their move, we need to know about everything they expect to take so we can prepare as accurate an estimate as possible.

In many ways, estimating is a science. Computers help, but the results are only as good as the information we input. Telling us on moving day that you forgot you want to take the shed in the backyard can hold things up for hours. It will also add to your costs.

It is our responsibility as professional movers to ask the right questions, but until we develop ESP, we need to rely on you to explain what you need from us And speaking of costs, we need to know well ahead of time if you want us to provide the service of packing. Deciding this two days before the move likely won’t work. In addition, if we have quoted only on moving and not on packing, a new contract will have to be drawn up with a higher price. If you do the packing yourself, read the contract as to whether your items are covered and for how much, should damages occur.

We also have to know whether you have anything other than Point A to Point B in mind for moving day. If you forgot to tell us that your dining room set has to be dropped off somewhere else first, it’s like the meter running in a taxicab. You will pay more for unexpected side trips. Plus, unless we know in advance, we may pack the dining set in an awkward place for unloading partway to your destination. Again, this will cost you time and money – two things that are precious commodities on moving day.

It is our responsibility as professional movers to ask the right questions, but until we develop ESP, we need to rely on you to explain what you need from us. A contract protects you as much as the movers, but only if you read it, understand it and abide by it.

At Two Men and a Truck Canada, we follow The Grandma Rule: we treat everyone the way we would want our grandmothers to be treated – with dignity, courtesy, respect, honesty and trust. We all want everything to go smoothly on moving day – and when we communicate and work together, it does!

G R AN D O P E N I N G AFFORDABLE LUXURY NEVER LOOKED BETTER. Triumph, the exciting third phase of Valhalla in Etobicoke is now open!

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PRESENTATION CENTRE & MODEL SUITES 2 GIBBS ROAD MON-THURS: 12-6PM SAT, SUN, & HOLIDAYS: 12-5PM FRIDAY: CLOSED

*Opening incentives are for a limited time only. See sales rep for details. Exclusive listing brokerage MarketVision Real Estate Corp.

Brokers protected. Prices and specifications subject to change without notice. E.&O.E. Illustration is artist’s impression.

JUN 21 - JUL 5, 2014 NEW CONDO GUIDE 077

2014 SHOPPING GUIDE

2014 ISSUE NOW AVAILABLE!

sHoppIng Curating a selection of the GTA’s top home & decor shops and services

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078 NEW CONDO GUIDE JUN 21 - JUL 5, 2014

DUNDAS SQUARE GARDENS!

N E P O O’S W T N O O R O N NT OW T N W O D

OM

S FR O D N O C

AR ACUL SPECT OBBY L SKY . OF SQ.FT 0 0 ,0 16 NS OVER OP GARDE S T W ROOF CITY VIE WITH WITH POOL GE Y IT INFIN LOUN & UP BAR GRO S ’ N STO AN EA CTION U PROD

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*Prices and specifications are subject to change without notice. Illustrations are artist’s concept. E.&O.E.

JUN 21 - JUL 5, 2014 NEW CONDO GUIDE 079

condo watch

previews & registrations The Anchors at Lakeview

By Dunsire Developments

Coming soon to Mississauga’s lake shore.

Register now for the VIP preview, and to get first pick of floor plans and suites.

Web: AnchorsAtLakeview.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 Lydia.McNutt@wall2wallmedia.com

Centro Square

by Liberty Development

new releases & grand openings

Daniels Erin Mills

by The Daniels Corp.

Pinnacle Grand Park 2

by Pinnacle International

New landmark community coming this fall to Erin Mills and Eglinton. Register now to stay informed.

Web: DanielsErinMills.com

Rising tall on Mississauga’s skyline, with endless views of the lake in the distance. Brand new suites now on sale.

Web: PinnacleInternational.ca

SkyCity2

by Pemberton Group

The Mark

by Empire Communities

Urban living is coming soon to Richmond Hill.

Phase 1 is under construction at Yonge and Hwy. 7. Register for Phase 2.

Web: SkyCityCondos.com

Now open at Markham Road and Bur Oak Avenue. Remarkable residences.

Remarkable Markham.

Web: TheMarkCondos.ca

Pace on Main

by Geranium Homes

HOT Condominium

by Great Gulf

Now previewing, Phase 2 of this master-planned community in the heart of Woodbridge.

Web: CentroSquare.ca

Luxury suites coming soon to Stouffville’s boutique condominium address. Register now for priority preview.

Web: GeraniumHomes.com

The Clairington

by Castleridge Homes

Grand preview now on at Tower 2. Active adult living in a park-side condo, where Woodbridge meets Brampton. Register now.

Web: TheClairington.com

ArtHouse Condos

By Flato Developments

Construction is starting soon, where art lovers live in Markham. Visit the presentation centre and register for more information.

Web: ArtHouseMarkham.com

Phase 3 final release now on sale at Winston Churchill and Eglinton.

Web: GreatGulf.com

Legacy Park

by Liberty Development

New release! Be part of the grand finale at Thornhill City Centre – iconic architecture, urban suite designs and fabulous park views.

Web: LegacyParkCondos.com

Royal Connaught

by Valery Homes/Spallacci Group

Valery Homes and Spallacci Group are reviving a Hamilton icon. Designer condo suites wrapped in historic luxury. Register now.

Web: RoyalConnaught.com

Grand Cornell Brownstones

by Lindvest

Now open in Markham! A new collection of stacked condominium townhomes is coming soon to the established Grand Cornell community located at Ninth Line and Hwy. 7.

Web: Lindvest.com

080 new Condo Guide jun 21 - jul 5, 2014

GTA Edition June 21 - July 5, 2014

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

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

Purchaser Profile

Look who’s planning to

LIVE AT THE MARK!

Elementary school teacher Brenda John just

purchased her first home, a two-bedroom suite at The Mark. A Markham native for 24 years, Brenda cites the diversity, beauty, cleanliness and proximity to shopping and services as her main reasons for loving Markham.

As for why she choose The Mark, “I looked at a couple of places and price was definitely a factor in my decision, as were the incentives including $10,000 off

“I looked at a couple of places and price was definitely a factor in my decision, as were the incentives including $10,000 off the purchase, two years of free maintenance, and an easier deposit schedule” 082 new Condo Guide jun 21 - jul 5, 2014

the purchase, two years of free maintenance, and an easier deposit schedule,” Brenda says. “I also wanted to live in the suburbs, and The Mark is close to work and friends.”

Brenda looks forward to moving into her new home and says she appreciated the quick and friendly response from The Mark’s sales staff after her initial contact.

Welcome to The Mark Brenda!

For more information, visit the sales centre at 9560 Markham Rd., call 905.554.5015, or visit online at TheMarkCondos.ca.

407 401

410

N

Presentation Centre

QEW

Hu r on t a r io S t .

403

Eglinton Ave. To Toronto

PINNACLE INTERNATIONAL.CA VANCOUVER . SAN DIEGO . TORONTO .

Brokers protected. Rendering is artist’s concept. Prices and specifications are subject to change without notice. E. & O.E.

city focus

Welcome to Richmond Hill

Great place to buy – better place to live // by Wayne Karl 01

Proximity to the city? Check. Close to highways and public transit? Absolutely. Good schools, parks, shopping and other

amenities? You bet. Affordable and great value, too?

As prospective buyers in Richmond Hill go through their new-home shopping checklist, it’s that last question for which they may not realize the answer is an emphatic “yes.”

Indeed, these qualities and more make Richmond Hill an excellent new-home location. And the word is getting out; last year, MoneySense magazine ranked it the ninth best mid-sized city in Canada for qualify of life, and the fourth best place to settle when looking for a new place to call “home” in Canada.

084 new Condo Guide jun 21 - jul 5, 2014

“We have always known that Richmond Hill is a great place to live, but it’s great when others recognize it too,” says Mayor Dave Barrow. “I know that hearing this news will make those who live here proud that this is their hometown. It’s definitely something to boast about.”

Further good news came in April 2014, when Richmond Hill landed on the short list of potential locations for a new campus for York University and Seneca College. A

02

Population

187,500

(expected to exceed 200,000 by 2015)

Largest employers Business services, including high tech; health and education; manufacturing and construction

03 Amenities Easy access to Hwys. 400, 404 and 407; GO Transit rail service; VIVA, York Region Transit and GO buses; wide selection of recreational facilities and golf courses; state-of-the-art public library; Richmond Hill Centre for Performing Arts; York Central Hospital and other health care; numerous parks, trails and other attractions

Schools 25 public elementary, five public secondary; 13 Catholic elementary, two Catholic secondary; four private primary, four private secondary

Photos courtesy of the Town of Richmond Hill

04

decision is expected later this year.

“The addition of a university campus in our community will stimulate growth and economic development in Richmond Hill and the Region, benefitting us all,” adds Barrow.

With a history steeped in farming and agriculture, yet just 20 kilometres from the downtown core, Richmond Hill today boasts a diverse and thriving economy – essential for community growth – including corporate head offices, a burgeoning IT sector and high tech manufacturing. jun 21 - jul 5, 2014 new Condo Guide 085

01 Mill Pond 02 Richmond Hill

Municipal Offices 03 Richmond Hill

Central Library 04 Richmond Hill

Centre for the Performing Arts 05 Richmond Green Waterfall 06 Twickenham Park 05

07 Lake Wilcox

07

These are among the reasons Richmond Hill continues to be one of the fastest-growing municipalities not just in the GTA but in all of Canada. In 2001, population was just 137,800; today it sits at about 187,500 and is expected to exceed 200,000 by 2015.

Even with such progress, Richmond Hill retains its friendly community feel, earning the unofficial motto of “a little north, a little nicer.”

Residents certainly seem to appreciate all the town has to offer: in a 2012 Community Survey, 94 per cent of respondents said they are satisfied with Richmond Hill as a place to live. Eighty-five per cent 086 new Condo Guide jun 21 - jul 5, 2014

06

Richmond Hill retains its friendly community feel, earning the unofficial motto of “a little north, a little nicer” feel it is a welcoming community, while 78 per cent indicate diversity is one of its strengths.

“The survey results are very positive and are true to our Strategic Plan vision and goals,” says Barrow.

“These results show that our residents feel connected to the town and each other.”

And why wouldn’t they? Healthy economy, excellent infrastructure, plentiful amenities – and a housing mix that offers a selection of homes, from single-detached to semis to towns to condos.

And, circling back to that checklist question of value: prospective buyers will be pleased to learn that Richmond Hill is one of the best-performing areas in the GTA. Recent stats from Canada Mortgage and Housing Corp. on average price growth over the last three years show the town has exceeded the GTA average by more than 30 per cent.

Builders offer a variety of new-home product in the area. In lowrise, there’s Aspen Ridge’ Kettle Lakes Club executive townhomes; Fieldgate Homes’ The Humberlands single-family homes; and Forest Hill Homes’ and Fieldgate’s Jefferson Forest freehold towns and single-family homes. And in highrise, there’s Tridel’s Renasissance of Richmond Hill; Pemberton Group’s Miracle at Yonge and Sky City; and Signature Communities’ TAO Boutique Condos.

Rising Tall on the Pulse of the City The best of Mississauga is here! Offering space to grow and room to stretch, now’s the time to explore brand new suites overlooking the city’s bright lights! With only 10% down, living the Grand Park 2 life is closer than you imagined!

NOW ON SALE! Brand New Suites From the mid $200,000s 403

Central Pkwy. W.

CALL OR VISIT US TODAY!

Hurontario St.

Webb Dr.

Confederation Pkwy.

Mavis Rd.

Grand Park Dr.

Burnhamthorpe Rd. W.

905.276.3981

PRESENTATION CENTRE

Dundas St. W.

N

3981 Grand Park Drive (Burnhamthorpe & Mavis) Mon to Thurs: 1-7pm Fri to Sun & Holidays: 12-6pm

PINNACLEINTERNATIONAL.CA VANCOUVER . SAN DIEGO . TORONTO .

Brokers Protected. Rendering is artist’s concept. Prices and specifications are subject to change without notice. E.&O.E. JUN 21 - JUL 5, 2014 NEW CONDO GUIDE 087

Coming This June

It's A Main Street

BILD 2014 P2G COMMUNITY OF THE YEAR BILD 2012 HOME BUILDER OF THE YEAR CHBA 2011 GRAND SAM AWARD WINNER

State Of Mind

To Downtown, Stouffville

Pace on Main…

Life At Your Own Pace

geraniumhomes.com Boutique Condominium Residences from 650 to 1,133 Sq. Ft.

299,900

$

MAIN ST

SITE

SALES CENTRE OBRIEN AVE

from

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With its proximity to Highways 48, 404 and 407 trips north to Cottage Country are a breeze — and for work or play, b Toronto to the south is just a short To drive or easy GO Train ride away. d

FIRST CHOICE PREVIEW

LLOYD ST

Fitness and cultural activities can be found at the Whitchurch Stouffville Leisure Centre and 19 On The Park Lebovic Centre for Arts & Entertainment. And the surrounding countryside is home to great golf, country markets and more.

REGISTER FOR

BLAKE ST

Just a stroll away is Memorial Park and its adjoining trail system.

STOUFFVILLE

9TH LINE

C Come home to Pace on Main and you’ll o discover that it’s more d tthan just an address, iit’s an opportunity to enjoy life at your own e pace iin the h h heart off D Downtown S Stouff ffville. Here day-to-day shopping mixes with one-of-a-kind boutiques — and inviting coffee shops, bistros and restaurants are all at your door.

BURKHOLDER ST

Follow us:

#" - - " / 5 3 " & 4 50 6 ' ' 7 * - - & 1 0 35 ) 0 1 & 80 0 % 4 50 $ , Prices are correct at press time and are subject to change without notice. Sq.ft. measurements are approximate. E & O E.

in the news

The Grand Old Lady shines again with the launch of The Residences of Royal Connaught

Hamilton’s century-old revered landmark opened its doors for the first time in over a decade, returning in style with an elegant gala to mark the launch of The Residences of Royal Connaught.

Welcoming a new era of urban living in the heart of the city, guests arrived on the gold carpet, stepping into the restored three-storey Art Deco lobby to see sparkling hand-strung crystal chandeliers, restored columns, original limestone flooring and the grand mezzanine. With over 100 years combined experience in development, the Spallacci Group and Valery Homes have put the utmost care for detail into the restoration.

Once a grand hotel, the Royal Connaught was Hamilton’s social hub during its years in operation, an extravagant venue to celebrate special occasions and a place where celebrities and the wealthy elite would stay. Now as it opens as the city’s most anticipated project of the past 25 years, The Residences of Royal Connaught will introduce a new heartbeat in the core.

“Everyone has a special connection to the Connaught and it is a truly remarkable place. The excitement in the city for this project is contagious, so it was only fitting that we marked its return in such an exceptional way,” says Rudi Spallacci, president of Spallacci Group. “After all, when was the last time the 090 new Condo Guide jun 21 - jul 5, 2014

Royal Connaught threw a party?” In an ode to the Royal Connaught’s history, the eras came to life as the evening unfolded. Glamour was in full swing as music played by Hamilton’s Scott Whittington on piano filled the lobby. Models sported vintage costumes, curated by noted fashion influencers, reflecting the ’20s, ’40s, ’50s and ’60s, and guests enjoyed a showcase of food trends and libations of the past century.

Descendants of Harry Frost, the original owner of the Royal Connaught Hotel that first opened in 1916, were among the guests, including Harry Frost the III, dressed up for the occasion at the age of four.

An intricate three-dimensional model of the project was revealed, showcasing a seven-storey podium designed to complement the historic façades of the existing buildings and three residential towers.

In total, the completed project will house 700 condo units in the heart of downtown and will introduce new retail wrapping from King Street along Catherine to Main.

The room was abuzz with excitement as guests toured the furnished model suite that blends historic luxury with a contemporary style. The spacious suite features 10-ft. ceilings and large windows, allowing light to flood in from the windows overlooking Gore Park. Antiqued hardwood and rich textures of quartz

and marble carry throughout the suite, and ample storage is cleverly incorporated in the two-bedroom layout.

“We’ve worked really hard to restore the grandeur of the Royal Connaught and it is incredibly rewarding to see this kind of response to the project. It’s beyond anything we could have expected,” says Ted Valeri, president of Valery Homes.

Now open, Phase I of The Residences of Royal Connaught offers 122 new condominium suites housed in the original 13-storey landmark building.

With a selection of elegant condo designs ranging from 555 to 1,084 sq. ft. purchasers can customize their suites with looks ranging from classic to contemporary styles. Suites start from the mid$200,000s. Phase I occupancy is expected for 2016.

The restored lobby with presentation centre and model suite are located at 112 King St. E., at the corner of King and Catherine in Hamilton. Hours are Monday to Thursday from 1 to 6 p.m.; Saturday and Sunday from noon to 5 p.m. For more details call 905.645.0450 or email info@royalconnaught.com.

Register online at royalconnaught.com.

Pictured above

It was a full house at the unveiling of The Residences of Royal Connaught Photo by Bob Gundu Pictured left

The Spallacci and Valeri families at the unveiling of The Residences of Royal Connaught Photo by Bob Gundu

091

SUMMER IS HERE...

E@D?G>5C

WELCOME TO THE

1D 3 1 B 4 9 > 1 < @ ? 9 > D

UPTOWNES DELIVER AN EXCITING NEW TWIST TO TOWNHOME LIVING! Summer is short enough. But with fabulous rooftop terraces, complete with handy BBQ hook-ups, enjoying the great outdoors is easier than ever!

Whatever your style — from cutting edge bold to laid back traditional — Uptownes at Cardinal Point also offers plenty of exciting interior design opportunities to suit every lifestyle and taste.

Uptownes are now under construction with our models opening this Fall!

BILD 2014 P2G COMMUNITY OF THE YEAR BILD 2012 HOME BUILDER OF THE YEAR CHBA 2011 GRAND SAM AWARD WINNER

Prices are correct at press time and are subject to change without notice. Specic features are as per plan and series. Sq.ft. measurements are approximate. Map not to scale.

GREAT OUTDOORS ...AND THE LIVING IS EASY! 3'-6" PARAPET

Each spectacular townhome includes a

PRI VACY WALL

3-storey

private rooftop Up to 380 sq. ft.

terrace for

of entertaining,

sunny summer 3'-6" PA P RAPE T

afternoons.

dining and relaxing space complete with BBQ hook up!

55'' PAT ATIO IO DOO OOR RAILING

MECH ROOM

DN

Within walking distance of theatre, parks, art centre, shopping, dining GO Transit, and more, Uptownes has everything you love just steps from your door.

CONSTRUCTION HAS STARTED

LOFT INSPIRED CONDO TOWNS

geraniumhomes.com

SALES CENTRE

9th Line

SITE LOCATION

Millard St Bakerhill Blv

from

404

364900

$

John Davis Gate

Hwy 48

Two Bedroom Designs 1,401 to 1,639 sq. ft.

Mon to Wed: 1 – 7pm Wknds & Hols: 11am – 6pm Main St

Stouffville

#" - - " / 5 3 " & 4 50 6 ' ' 7 * - - & 1 0 35 ) 0 1 & 80 0 % 4 50 $ , See sales rep for details. The ENERGY STAR® mark is administered and promoted in Canada by Natural Resources Canada. Used with permission. E & O E.

905-640-9999

Condo profile

ArtHouse Condos Where art lovers live

w

elcome to Flato Developments’ ArtHouse Condos, where arts lovers live. Located on Main Street near 16th Avenue in Markham, ArtHouse is home to artist-inspired amenities including an artist’s studio, a digital arts centre and a culinary arts room, where there’s always someone at the 24-hour concierge to show your creations to. This is where you can find inspiration and let your creativity flow.

Designed by renowned architects Page + Steele, ArtHouse is unlike anything the city of Markham has ever seen. Not only is this Markham’s first artsinspired condo building, its Green

094 new Condo Guide jun 21 - jul 5, 2014

design has made it a candidate for LEED certification, giving truth to the notion that this is where art and design come together.

Inside, the suites are designed with comfort in mind. Picture textured nine-ft. ceilings (10 ft. in penthouses), walk-in closets, finished balconies and terraces that connect to the living spaces with glass sliding doors.

Suites also come with chrome hardware throughout, laminate flooring, stainless steel appliances and much more. From the granite countertops in the kitchen to the frameless glass shower doors in the bathroom, ArtHouse is perfect for those with an appreciation for fine detail.

Along with the artist-inspired amenities, other great features of the building include a courtyard and barbecue area, lounge, gallery lobby and a guest suite for any out-of-town visitors you may have. There is also a well-equipped fitness studio to keep in shape, and a whirlpool to relax in.

It’s not just what’s within ArtHouse that’s notable, but what’s around it too. Residents will experience great neighbourhood amenities with a GO station within walking distance, restaurants, golf courses, parks, schools and plenty of grocery stores also nearby. The neighbourhood amenities also speak to the artistic flair of the building. Catch your favourite band at the Flato Markham Theatre or visit the Varley Art Gallery, which even has an exhibit devoted to F.H. Varley, a member of the Group of Seven.

Perks at the ArtHouse include a six-month free Presto Pass for the Mount Joy GO station across the street, six free performances at the Flato Markham Theatre, one year of free membership for the Varley Art Gallery, and more. So make Markham your muse.

Markham is quickly becoming one of the GTA’s fastest-growing cultural hot spots, and to support the growing arts community Flato has become the naming sponsor of the Markham Theatre. Acclaimed plays, musicals, top bands and comedians all come to the Flato Markham Theatre. And when you live at ArtHouse, you get tickets to six of your favourite shows. It’s like having a front-row seat to inspiration.

Flato knows that building communities means more than just building homes. Creating dynamic, vibrant neighbourhoods means giving back to the services that residents all love and share. That’s why Flato is an active donor to the Flato Markham Theatre, Brampton Civic Hospital, Trees for Tomorrow, SickKids Foundation and the Markham Stouffville Hospital.

Aiding services, the arts and recreational activities keeps communities active, healthy and thriving for future generations to enjoy.

ArtHouse Condos is a 14-storey building that will be located at 9582 Markham Rd. Construction begins soon and available units currently start from the mid$200,000s. The presentation centre is at 50 Anderson Ave., Unit 12 in Markham. For more information, visit online at arthousemarkham.com, call 905.554.8722 or email arthouse@flatogroup.com.

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TH* C*

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Pinnacle International

The Marquee Townhomes on the Park

905-568-9000

•

from $720,000

83

20K

7

Great Gulf

HOT

905-828-4257

•

from $220,000

23

16M

30 Pinnacle International

Pinnacle Grand Park 2

905-276-3981

•

from $250,000

87

20L

45 Empire Communities

Rain Condominiums

905-845-7246

•

from $200,000

7

17Q

47 The Daniels Corporation

Daniels Erin Mills

905-306-6996

•

from $195,000

29

17M

2

Great Gulf

Twenty Lombard

416-499-8883

•

from $492,000

16K

2

Great Gulf

Corporate

greatgulf.com

•

16K

3

Castleridge Homes

The Clairington

905-793-0002

•

from $230,000

16E

4

Conservatory Group

Mirage

905-232-2400

•

from $270,000

20K

5

AMACON

PSV2

905-273-9333

•

18M

8

Fernbrook Homes

Absolute World

416-869-6057

•

from $188,000

21k

8

Cityzen

Absolute World

416-869-6057

from $188,000

21K

10 AMACON

The Residences at Parkside Village

905-273-9333

•

from $250,000

21K

12 Alterra Homes

Renaissance in Olde Brampton

416-710-1010

•

from $295,000

13d

14 Pemberton Group

Rosedale Village Golf & Country Club

905-799-5000

•

from $346,000

12e

16 Vandyk Communities

Windows on the Green

905-822-3333

from $300,000

17M

17 Pemberton Group

Downtown Erin Mills Condominiums

905-630-6300

•

from $300,000

6C

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

•

•

Price Range

Page

Finder

1-866-611-5525

•

from $264,000

7Q

Park Place

905-451-7001

•

from $310,000

14G

32 Armour Heights Developments

River’s Edge

905-533-2400

•

from $285,000

14A

34 Pinnacle International

Pinnacle Uptown, Crystal 2

905-568-9000

•

from $255,000

19K

35 Ashley Oaks Group

Emporium at Joshua Creek

905-618-0660

•

from $200,000

17P

38 Tridel Corporation

Metrogate - Ventus 2

416-293-5535

•

•

from $302,000

19J

38 Tridel Corporation

Ventus at Metrogate

416-293-5535

•

•

from $344,000

19J

46 Mattamy Homes

The Mount Pleasant Village

•

from $200,000

20M

*TH: Townhomes, C: Condo

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

mattamyhomes.com

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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2

3

4

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Page

Finder

Varley

905-604-1477

•

from $420,000

41

18F

13 Liberty Development Corp.

Legacy Park

905-731-8302

•

from $280,000

37

10g

44 Liberty Development Corp.

Centro Square Condos 2

905-851-8877

•

from $280,000

37

4G

from $250,000

46 Empire Communities

The Mark

905-554-5015

•

6

21E

1

Monarch Corporation

Garden Court

416-495-3595

•

16D

2

Flato Development

Arthouse Condos

905-554-8722

from $200,000

22E

4

Tridel Corporation

Renaissance of Richmond Hill

416-736-9500

•

from $740,000

12G

7

MintoUrban Communities Inc.

•

from $254,000

11G

from $250,000

13F

from $390,000

8E

WaterGarden

416-915-3800

10 Great Lands Corp.

The Beverly Hills Resort Residences

905-882-6636

11 Triaxis Development Inc/Marino Developments

Courtyards of Maple

416-798-7070

•

12 Greenpark Homes

UV2

905-554-6501

•

from $253,000

22F

14 Remington Group

The Signature Condominium

905-948-9900

•

from $300,000

18F

20 Solmar Development Corp

Bellaria Residences

905-417-8482

•

from $240,000

7e

22 Quadra Mgt. & Sceptre Devs.

Renaissance Court at Woodbridge Gates

905-851-4220

•

from $505,000

3G

22 Wycliffe Homes

Fairground Lofts

905-605-5900

•

from $340,000

3G

24 Liberty Development Corp.

The Fountains

905-731-8302

•

from $272,000

10F

26 Rice Development

Ambria

905-796-3630

•

from $340,000

3F

28 Chestnut Hill Homes

San Francisco by the Bay

905-831-3631

•

from $200,000

22C

31 Pemberton Group

Miracle at Yonge

905-709-5700

•

from $280,000

12F

31 Pemberton Group

Sky City

905-709-5700

•

from $320,000

12F

31 Pemberton Group

Sky City 2

905-709-5700

•

from $320,000

12F

32 Liberty Development Corp.

Royal Gardens

905-889-9997

•

from $240,000

14f

32 Signature Communities

TAO Boutique Condos

905-597-2535

•

from $200,000

14F

34 Sierra Homes

68 Main Street

905-305-0822

•

from $250,000

22F

40 Nova Trimax

Allegra

905-850-6866

•

from $250,000

1F

41 Quadcam Development Group Inc

Vista Parc Condominiums

905-850-8883

•

from $260,000

3F

43 Guizzetti Developments

Grand Palace

905-907-4370

•

from $295,000

12E

45 Kylemore Communities

The 6th Angus Glen

905-887-9950

•

19E

*TH: Townhomes, C: Condo

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

•

•

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

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

I BUILD TRUST. “Of all of the things we build at Tridel our customer’s trust is valued the most. With BILD behind us, we can proactively network and learn about advances within our industry. BILD, through its numerous forums and presentations, inspires growth and has enriched me professionally allowing me access to greater networks and resources so I can better develop myself and my team.”

Danielle Feidler, Vice President Customer Care Tridel Corporation Builder / Developer Member Since 1962

I AM

Get Involved: bildgta.ca

condo watch

new releases & grand openings Canary Park Condominiums

by Dundee Kilmer Developments

416

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

Register now for the exciting second phase at award-winning Canary District. Be part of something big.

Web: CanaryDistrict.com

The Code Condos

by BLVD & Lifetime Developments

Wellesley on the Park

by Lanterra Developments

Grand opening this June at Queen and Bathurst.

One-, two- and three-bedrooms from $259,900.

Web: TheHarlowe.com

Triumph at Valhalla

by Edilcan

Offering affordable living in Forest Hill, condos starting in the mid-$200’s. Register now.

Web: TheCodeCondos.com

Grand opening continues at Valhalla’s third phase in Etobicoke, where affordable luxury has never looked better.

Web: TriumphCondos.com

FWD Condominiums

by Concord Adex

Harmony Village

by City Core Developments

The latest phase launched in the Concord CityPlace neighbourhood. Register now.

Web: CityPlace.ca

The College Condominium

by Tribute Communities

Now previewing. Discover everything College and Spadina has to offer.

Web: MyTribute.ca

previews & registrations

The Harlowe

by Lamb Development Corp.

Harbour Plaza

by Menkes

Register now to live at York and Harbour, steps to shopping, dining and entertainment. Condos coming soon.

Web: Menkes.com

HighPark Condominiums

by The Daniels Corp.

Now open at Sheppard and Warden. Live in perfect harmony with comfort, convenience and culture.

Web: HarmonyVillage.ca

Riva del Lago

by Monarch

Now open – a new boutique condo making waves on Etobicoke’s Humber Bay waterfront.

Web: MonarchGroup.net

SQ at Alexandra Park

by Tridel

Grand opening continues at this dramatic new condo in this master-planned community at Spadina and Queen.

Web: Tridel.com

Howard Park 2

by Triumph Development

Register for your priority preview at this landmark community in the heart of the city, on Wellesley between Bay and Yonge.

Web: 11Wellesley.com

The Parkside Collection has arrived! Limited collection of two-storey walkouts offering street side living steps to High Park. Register now.

Web: DanielsHighPark.com

Now open and releasing Phase 2 in Roncesvalles Village. Phase 1 is now under construction.

Web: HowardPark2.com

Yorkville Plaza II

by Camrost Felcorp

RC3

by Urban Capital

The HUB

by Empire Communities

A new signature residence is coming soon to Cumberland and Avenue Road. Preview registration now on.

Web: CumberlandTower.com

Phase 3 of River City delivers “Extreme Architecture” at its finest. Register now for your priority preview.

Web: ExtremeArchitecture.ca

Diva Condo

by Torbel

Dundas Square Gardens

by The Easton’s Group

North York’s newest boutique condo is coming soon. Register now to stay informed.

Web: DivaCondo.com

Beacon Condominium

by Sorbara Group

35-storey tower at North York City Centre coming this fall. Elevate living. Register now.

Web: BeaconCondos.ca

The Upper House Condos

by Knightstone Capital

Register now to be the first to preview Leaside’s only boutique condo and townhome community. Coming soon.

Web: TheUpperHouseCondos.com

One Park Place, South Tower

by The Daniels Corp.

Coming soon to Sumach south of Dundas, the “one” place to be in downtown east.

Register today!

Web: DanielsOneParkPlace.com 100 new Condo Guide jun 21 - jul 5, 2014

Downtown Toronto condos coming soon.

Register today to be first in line for special incentives, promotions, floor plans and price list.

Web: DundaSquareGardens.ca

Soul

by Fram Building Group

Register now to be close to everything, and far from ordinary!

Web: MySoulCondos.ca

Ten93

by Pemberton Group

Now previewing: an eclectic fusion of fashion, art, culture, creativity and style at Queen West and Dovercourt.

Web: Ten93QueenWest.com

The Academy

by Lemine & Devron

Graduate to a golden investment. Register now to attend the VIP Preview Event.

Web: AcademyCondos.com

New release of townhomes in Eglinton West.

Get connected, live life on tomorrow’s fast lane.

Web: EmpireTheHub.com

Trio at Atria

by Tridel

Grand opening is now on at the next great phase of Atria in North York Web: Tridel.com

Totem Condominium

by Worsley Urban Partners

Presentation centre and model suite now open! A perfect 100 on walkscore.com, stellar amenities, iconic architecture.

Web: TotemCondos.com

Jasmine Condos

by Averton Homes

The grand opening continues at Sheppard Avenue East and Pharmacy Avenue. Luxurious maintenance-free living coming soon.

Web: JasmineCondos.ca

Brownstones at Westown

by Lindvest

Discover tremendous value at Weston Road and Sheppard Avenue West. The “Astoria” model suite is open for viewing.

Web: Lindvest.com

GTA Edition June 21 - July 5, 2014

Your complete source for condos, lofts and townhomes in Toronto

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

Winter 2014 edition free

home&condo tHe Guide to BuyinG and ManaGinG your first HoMe

Highrise or lowrise?

Which option is best for you? your first MortGaGe

Demystifying this often intimiDating topic

THE GUIDE TO BUYING AND MANAGING YOUR FIRST HOME

spend vs. save tips to furnish every room in your first home

special edition

416.626.4889 102 NEW CONDO GUIDE JUN 21 - JUL 5, 2014

YFH Cover WINTER2014_FINAL.indd 1

15/01/14 15:34:32

COME SEE WHY WATERMARK IS MAKING WAVES ON THE ETOBICOKE WATERFRONT. MODEL SUITES NOW OPEN Immediate Occupancy • 5% Deposit • Free Parking • Locker Storage Over $40,000 in Upgrades Included in Price

Starting from $306,900

All prices & specifications are subject to change without notice.

E.&O.E. All Illustrations are artist’s concept only. Brokers Protected

Long Branch

3609 Lake Shore Blvd. W., Suite 104 Monday to Thursday 12 pm to 7 pm Saturday, Sunday & Holidays 11 am to 6 pm 416.354.2221 I queenscorp.com

N

Brown’s Line

Presentation Centre

Lake Shore Blvd. W.

Kipling Ave.

The Most Outstanding Mid-Rise Building

Thirty Fifth St.

Ontario Home Builders’ Association Award Winner

condo profile

SQ’S DESIGN

reflects its downtown locale and vibrant neighbourhood

S

Q, a contemporary boutique condominium from Tridel, is setting the standard for innovative architecture and leading edge interior design, while spearheading the exciting transformation of the Alexandra Park area at Spadina and Queen.

Tridel’s imaginatively designed 14-storey condo building is the first stage in the ambitious renewal of the 18-acre Alexandra Park as it evolves into a new residential neighbourhood coveted for its vibrancy, prime location, welcoming green spaces and superb architecture, all while maintaining a strong sense of community.

This iconic urban location demanded a unique design, and Tridel turned to architect Stephen Teeple – an area resident himself – to create a distinctive look for the this premier condominium.

104 new Condo Guide jun 21 - jul 5, 2014

“Our challenge, was to create massing that stepped in relation to the interesting and different building volumes (surrounding the site),” says the architect, pointing to the warehouses on nearby Spadina Avenue, the newly constructed residential buildings in the neighbourhood, and local landmarks like the nearby Cameron House Hotel.

The result is a modern statement which brings a playful creativity to the neighbourhood.

Teeple’s design includes squareframed balconies that protrude from the building at surprising intervals. Yellow panels are used on random balcony walls to accentuate the pattern of the square and add visual vibrancy.

“It’s pretty cool,” says Teeple.

“The opportunity to work on the site, and with Tridel, is something we embraced. It’s a chance to bring life, energy and vitality to the street, a place where exciting design can help.”

Kelly Cray of UNION31 has brought a similarly creative vision to SQ’s interior design. “The interior design is both a complement and contrast to the bold exterior created by Stephen and his team,” says Cray. “Where the exterior is quite light, we opted for a darker palette on the interior to create tension and interest between the two, while maintaining the sleek, contemporary lines of the building’s architecture to achieve

“ I t’s pretty cool,” says architect Stephen Teeple, about the New Condominium from Tridel a sense of continuity.”

A sophisticated blend of European-inspired finishes and luxurious materials, with high attention to detail, result in interiors reflective of a boutique hotel, boasting a chic elegance which appeals to design-savvy purchasers.

“The project is a direct reflection of its downtown locale and culturally vibrant neighborhood,” says Cray. “We were inspired to create interiors that will have lasting appeal as well as high impact.”

A diverse array of materials, like book matched black walnut wall panels in the lobby, blackened steel accents throughout, coil mesh screens in an antique bronze finish and smoked and naturally oiled oak flooring in the party room creates a modern look that complements the architecture.

SQ’s amenities include concierge, lobby lounge, state-ofthe-art fitness centre, yoga studio, whirlpool spa, men’s and ladies’ steam rooms, party room, private dining room with fireplace, theatre, the Sky Lounge rooftop terrace with dining area and barbecues, sun deck, hot tub and misting shower. There’s also an outdoor lounge and ground-floor terrace.

The kitchen vignette on display in the nearby SQ presentation centre, at 519 Queen West, offers a glimpse of the UNION31 vision.

Designed to maximize space and enhance efficiency, the Europeanstyle kitchen on display boasts an extra-wide bank of drawers for additional storage. The frameless glass cooktop with convection oven below maximizes counter space, while the location of the microwave (tucked under the counter), the concealed range hood, and clean lines of the cabinetry contribute to the pursuit of efficiency.

Purchasers will benefit from a choice of three kitchen packages, including coordinated backsplashes and countertops. Full-height flat-panel doors, designer hardware and wood grain laminate define the cabinetry, while granite or quartz countertops with polished square edge and undermount single basin stainless steel sink complete the look.

Other signature suite finishes include premium plank laminate floating flooring , eight- to 10-ft. ceiling heights, frosted glass doors and smooth ceilings. Each suite also boasts a fully functional terrace or patio, with interlocking paving stone, and natural gas barbecue connections.

Including spacious penthouse designs, suites at SQ are available in a range of layouts, from 521 to 1,331 sq. ft. Prices start from the mid- $300,000s.

Click on tridel.com for more information, or drop by the presentation centre at 519 Queen St. W., open Monday to Thursday from 11 a.m. to 7 p.m.; and weekends, noon to 6 p.m. jun 21 - jul 5, 2014 new Condo Guide 105

in the news

Live by the numbers with three great ways to save at Cloud9 Limited-time incentives to make your home ownership dreams come true

With construction well under

you can soon be living it up at Cloud9 Condominiums.

For a limited time, you can take advantage of three terrific opportunities to bring your dream to life at Cloud9. Put just five per cent down, enjoy $5,000 cash back, and pay just $5,000 for both parking and locker!

You don’t have to let money stand between you and home ownership. Interest rates remain at historic lows, and with these amazing incentives, there is no better time to purchase. With Lash Development’s six decades of demonstrated excellence in building quality and customer service, a terrific west end location, and a wonderful complement of amenities, there is no better opportunity.

Cloud9 offers a carefree condominium lifestyle in a setting that’s lush and green from bottom to top, from the tree-lined driveway to the stunning rooftop way,

106 new Condo Guide jun 21 - jul 5, 2014

terrace. Entertain in style with Club 9’s barbecues, comfortable seating and outdoor fire pit, or float your cares away in the sparkling swimming pool. Invite your friends and take advantage of a gorgeous party room and furnished guest suite, or get a great workout in the fitness centre.

Every suite is perfectly designed, with European-inspired elegance, and high-end finishes inside and sharp contemporary architecture outside. Abundant natural light, large balconies and terraces beautifully blur the line between indoor and outdoor living.

Take a walk through the spectacular surrounding Humber Valley landscape. Hop onto the highway or be at the airport in minutes. Shop, dine, or take in a movie at the nearby Woodbine Centre. Commute downtown easily with quick access to the TTC and GO Transit.

Wherever your life takes you, Cloud9 is the perfect starting point.

Lash Developments has been responsible for some of the most successful communities in the GTA, including 500 St. Clair and 530 St. Clair at Bathurst, where a third phase will soon be released. Prices on a tempting variety of one-bedroom, one-plus-den, two-bedroom and twoplus-den suites at Cloud9 start at just $239,900 ($268,990 for ground-floor suites with majestic nine-ft. six-in. ceiling heights). These three special incentives are available only for a limited time, so don’t put your dreams on hold — bring them to vivid life at Cloud9. In fact, you can even watch your dream as it’s built with Cloud9’s live video feed! Just click on the link at cloud9condos.ca to see the construction as it happens.

To find out more about five-per-cent down, $5,000 cash back and $5,000 for parking and locker, visit the Cloud9 presentation centre at 60 Esther Lorrie Dr. from Monday to Thursday noon to 6 p.m.; or weekends and holidays from noon to 5 p.m. Call 416.747.0199.

MARKHAM & ELLESMERE

SPRING

BUYERS

EVENT

SAVINGS* $28,000 UP TO

LIMITED TIME OPPORTUNITY ME Living at Markham and Ellesmere is everything you could want in a master-planned community – condominiums, townhomes, shops and parks designed around urban excitement. Building highlights include a dramatic lobby with concierge, spectacular amenities, a Miami-inspired rooftop deck with pool, cabanas, barbeques and lounging areas. Welcome to ME Living, a lifestyle that’s all about you!

FROM THE LOW

401

LAWRENCE AVE. E.

MORNINGSIDE AVE.

MARKHAM RD.

MCCOWAN RD.

ELLESMERE RD.

me

PARKING & LOCKER** Included

200 meliving.ca

$

’S

416.430.0003

PLUS

CASH BACK*

1%

Presentation Centre: 1151 Markham Rd Hours: Mon. to Thurs. noon-6pm Fri. Closed. Sat. & Sun. noon-5pm

follow our exciting blog or visit us on @melivingcondos

*Limited time only. **On select suites. See Sales Representative for details. Prices and specifications subject to change without notice. Exclusive Listing Broker, The Condo Store Realty Inc., Brokerage. Brokers Protected. E. & O.E. 2014.

IN THE MARKET FOR A

NEW HOUSE

OR A CONDO?

We think finding a home is a lot more than simply finding the right property.

Thatâ&#x20AC;&#x2122;s why we put you right in the middle of the search process.

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Find out about nearby services and amenities

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Visit the new real estate section on canpages.ca and start looking for that special place.

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108 NEW CONDO GUIDE JUN 21 - JUL 5, 2014

The

HWY. 401

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FINCH AVE. W.

ACTUAL AERIAL PHOTO

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2 YEARS FREE MAINTENANCE*

“ Lindvest”, the Lindvest logo, and “Life Happens Here” are trade-marks of Lindvest Properties Limited and are used under license. Reproduction in any form, without prior written permission of Lindvest Properties Limited, is strictly prohibited. Renderings are artist’s concept only. Pricing, specs and availability subject to change without notice. E.&O.E. * For a limited time only. See sales representative for complete details.

HOURS OF OPERATION: Sat & Sun: 11am – 6pm Mon-Thu: 1pm – 8pm. Friday & Holidays: Closed

lindvest.com

Visit Our Model Home and Presentation Centre

Starting From $329,900

3% CASH BACK!*

Spacious Two Bedroom Homes

PURCHASE WITH ONLY $5,000*

LIVE LARGER FOR A LOT LESS. AN ESTABLISHED COMMUNITY AND NEIGHBOURHOOD. FIVE MINUTES TO THE 401 AND 400 HIGHWAYS. IMMEDIATE ACCESS TO TTC TRANSIT, GREAT SHOPPING, SERVICES AND SCHOOLS. TWO MINUTE WALK TO SPORTS FIELD, SPLASH/ICE PAD & PARK. WALKING DISTANCE TO SUMMERLEA PARK. QUICK DRIVE TO LOCAL GOLF!

in the news

The Taylor lofts

make it easy to embrace an evening in Leslieville Like its residents and its neighbourhood, The Taylor, Streetcar Developments’ new condominium of 96 modern and fashionable lofts in Leslieville, will be a stylish expression of urban living at its finest.

Hip, chic and eclectic, there is now a definite and palpable “buzz” about Leslieville, a neighbourhood steeped in history now being reinvented and reenergized by new restaurants, galleries, boutiques, designers and performing artists. By choosing to live at The Taylor, you will engage and experience everything that gives Leslieville its distinctive urban pulse.

Picture this: while waiting to meet your friends in the Taylor’s double-height lobby, you notice the prominent entrance features a bold lighting fixture that runs vertically above it and transitions to a horizontal canopy over the doors which becomes the interior lobby ceiling. This element is highlighted by glass-punched openings reflecting the window patterns of the older loft warehouses in the area – in effect, capturing the historical outside and bringing it into this new and stylish space. The Taylor certainly complements and honours the rich architecture of your new neighbourhood.

From there it’s off to the opening of one of the many new galleries in the Queen East area, now burgeoning with young and brilliant artisans. You’re on the hunt for a distinctive piece of art for one of the feature walls in your open-concept loft layout, and the search to personalize your space will be one you’ll embrace.

From the gallery you all move on for drinks and a quick bite in one of the trendy new bars that have been opening and garnering such rave reviews, 110 new Condo Guide jun 21 - jul 5, 2014

attracting other urban style setters and tastemakers now calling Leslieville “home.”

Now it’s curtain time, and your gang hurries over to Streetcar’s successful condominium The Carlaw, which now is home to the new Crow’s Theatre. This 200-seat theatre also includes studio rehearsal space, a community programming area, and a stylish bar and restaurant. You enjoy opening night of a brilliant new performance sure to have a long run in what is now the largest performing arts theatre to open east of the DVP. After the applause you wander outside to face the evening’s biggest decision – where to have dinner. The Taylor is ideally situated among restaurants of every kind, where every taste and palate are satisfied.

Embracing the surprise of experimentation, you all decide to try one none of you has ever heard of, and the food, service and ambiance deliver above expectations.

You will all be back.

Hosting your friends back at your loft for a nightcap, you reflect on a perfect evening in your new neighbourhood. With so many engaging options at your doorstep, you’re assured The Taylor in Leslieville is the perfect choice for stylish and exciting urban living.

Priced from the mid-$300,000s, the 96 lofts in The Taylor will range from one-bedroom to twobedroom-plus-den with two-bathroom designs.

There will also be a selection of two-level urban townhomes with three bedrooms.

To find out more, visit online at taylorlofts.ca or call 416.690.8588. Visit the presentation centre at 43 Davies Ave. Hours are Monday to Thursday noon to 6 p.m.; Friday closed; Saturday and Sunday noon to 5 p.m.

Coming Soon

North York’s Newest Boutique Condominium

• Walking distance to Downsview subway station and other amenities • Close to Yorkdale Mall and Downtown North York • Live close to the 572 acre Downsview Park, Canada’s largest urban park

Offering North York’s Best Value 2 BEDROOM DESIGNS S TA R T I N G F R O M

309,900

$

1 BEDROOM DESIGNS S TA R T I N G F R O M

224,900

$

Register Now! @ divacondo.com Prices, terms and specifications subject to change at any time without notice. E. & O. E. Rendering is Artist’s Concept.

in the news

Stanton Renaissance hosts official grand opening at On The Go Mimico The GTA’s highly anticipated sustainable condo project is now available for sale Stanton Renaissance, in partnership with trusted contractor and television host Mike Holmes, is bringing the first “Holmes Approved” condominium to the GTA. The developer hosted a grand opening event on May 31 and June 1, with the contractor extraordinaire himself in attendance.

A first in Toronto, On The Go Mimico has been designed to integrate simple and reliable technologies, utilizing Stanton’s Geo-Exchange Technology that can save residents up to 30 per cent over several years on utility and monthly maintenance costs. Other features at On The Go Mimico include an eco car wash, toilets with high-efficiency flushing features, grey water recycling, and a natural gas generator providing full building independence from the public power grid, while also supplementing the building’s electrical power supply and providing waste heat recovery for heating and domestic hot water systems.

Purchasers can choose from an impressive selection of suites in a variety of sizes, priced from the $200,000s. Suites will be finished with exceptional touches including Italian-designed and -made kitchens, luxurious bathrooms and loads of upgrades. The building amenities include a state-of-the-art exercise facility, party room, dog wash and more. A major grocery store and a cafe will be located on the ground level.

On The Go Mimico is priced thousands of dollars less than comparable condominiums downtown and costs significantly less to maintain – with lower condo fees, lower property taxes and lower utilities. It also offers direct outside access to the Mimico GO station from the lobby. Residents can be whisked to Union Station in about 10 minutes, making it an excellent choice for people working downtown.

112 new Condo Guide jun 21 - jul 5, 2014

For more information, visit the On The Go Mimico sales centre at 10 Judson St., off Royal York Road, south of The Queensway, across from the Mimico GO station. Visit online at onthegomimico.com. For more on Stanton Renaissance, visit stantonrenaissance.com.

ABOUT STANTON RENAISSANCE LTD.

Stanton Renaissance Ltd. is an innovative real estate company that aims to transform communities with projects that enhance local neighbourhoods. The company has a proven track record for selecting an area, considering its possibilities for transformation, then rethinking and rebuilding it. Stanton Renaissance is committed to building well-designed condominiums and mixed-use developments that are visually appealing and in harmony with the local community, and which revitalize and renew neglected land. For all projects, Stanton Renaissance is exploring the implementation of state-of-the-art integrated GeoExchange Cogeneration to provide economical and environmentally responsible “hybrid” heating and cooling mechanisms. Stanton Renaissance is headquartered in Toronto and is privately held.

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Excellent condominium suites available from $250,000

Mimico GO Station

10 Judson Street at Royal York Road, across from the Mimico GO Station

onthegomimico.com 647.692.8417

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

Transforming Communities.

Mike Holmes & Stanton Renaissance Team Up To Make It RightÂŽ Mike Holmes and Stanton Renaissance have forged a unique partnership based on their shared vision of an environmentally sustainable future.

Together, they plan to develop sustainable building initiatives, including On The Go Mimico â&#x20AC;&#x201D; an exciting first within the luxury condominium market!

To learn more, visit stantonrenaissance.com.

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

# Builder 2 Great Gulf 2 Concord Adex 6 Cresford Development Corp.

7 The Daniels Corporation 10 Empire Communities 11 Menkes Developments Inc. 17 Rockport Group 18 Monarch Corporation 18 Urban Capital 26 Bazis Inc. 27 The Daniels Corporation 28 Empire Communities 31 Worsley Urban Partners 38 Easton’s Group 42 Triumph Developments 52 Cresford Development Corp.

52 Cresford Development Corp.

53 Lanterra Developments 58 Great Gulf 99 Great Gulf 110 Great Gulf 126 Great Gulf 131 Lanterra Developments 140 Eden Shaw 140 45 Charles Ltd. 149 Camrost - Felcorp 150 Aspen Ridge Homes 155 Lifetime Developments 171 Camrost - Felcorp 190 Cresford Development Corp.

192 MintoUrban Communities Inc. 202 Bazis Inc. 202 Rio Can 202 Metropia 215 Dundee Kilmer Developments 218 Malibu Investments Inc. 218 Urban Capital 223 Concord Adex 1 Goldman Group & Lash Dev. Corp.

1 Goldman Group & Lash Dev. Corp.

3 Concord Adex 3 Concord Adex 3 Concord Adex 3 Concord Adex 4 Gairloch Investments 4 Centrestone Urban Developments Inc. 5 Onni Group of Companies 5 Onni Group of Companies 5 Concord Adex 7 The Daniels Corporation 8 Cresford Development Corp.

8 Cresford Development Corp.

8 Cresford Development Corp.

9 Aspen Ridge Homes 11 Menkes Developments Inc. 12 North Drive Investment 13 Streetcar Development 14 Canalfa Group 15 Tridel Corporation 16 Freed 18 Urban Capital 18 Urban Capital 19 KIngstone Road Development 20 Menkes Developments Inc. 20 Tower Hill Development Corporation 21 Easton’s Group 21 Remington Group *TH: Townhomes, C: Condo

Site Telephone TH* C* Price Range Page Finder Yonge+Richmond 416-499-8883 • from $320,000 23 16K FWD at Concord CityPlace 416-813-0999 • • 42-43 13F Merton Yonge Condominiums 416-484-1900 • from $350,000 128 14e High Park Condominiums 416-351-1844 • from $300,000 15 8L The HUB 416-784-3482 • from $250,000 6 9F 365 Church 416-591-7700 • from $238,000 Insert 14I The Nest 416-223-0003 • from $220,000 71 11H Riva del Lago 416-495-3544 • from $300,000 Insert 24c RC3 416-862-0505 • • from $220,000 47 18L No1 Yorkville 416-519-2911 • from $388,000 5 15I One Park Place South Tower 416-955-0559 • from $220,000 Insert 18k Water Tower at Eau Du Soleil 416-503-3328 • from $320,000 6 25B Totem Condominium 416-792-1877 • from $320,000 59 15H Dundas Square Gardens 416-645-8575 • from $200,000 79 17k Howard Park 2 416-873-0989 • 65 9L CASA 2 416-486-2272 • from $320,000 IBC 15L CASA III 416-486-2272 • from $350,000 IBC 15L 11 Wellesley 416-861-1111 • from $250,000 11 15J Monde 416-466-8885 • from $340,000 22 17M One Bloor Residences 416-922-0081 • from $540,000 22 15I Charlie 416-927-9772 • from $960,000 23 14M X2 416-927-0080 • from $500,000 23 16J Riverhouse at the Old Mill 416-766-7343 • from $500,000 24 5L Chaz Yorkville Condos 416-922-0045 • from $300,000 31 16J Chaz Yorkville Condos 416-922-0045 • from $300,000 31 16J Imperial Plaza 416-925-2501 • from $986,000 3 15I Studio on Richmond 647-352-7736 • from $300,000 49 15M The Bond Condominiums 416-546-7525 • • 25 15G Yorkville Plaza II 416-966-3003 • • from $350,000 1 14H 1000 Bay 416-485-3000 • from $390,000 IBC 15J 30 Roe 416-915-3812 • from $350,000 75 14D E Condos 416-243-8688 • from $300,000 19 14E E Condos 416-243-8688 • from $300,000 19 14E E Condos 416-243-8688 • from $300,000 19 14E Canary Park Condominiums 416-603-7576 • from $250,000 51 18L Smart House 416-292-0219 • from $284,000 53 15L Smart House 416-292-0219 • from $284,000 53 15L FWD at Concord CityPlace 416-813-0999 • • 42-43 15M 530 St. Clair Ave. West 416-868-0500 • from $344,000 12H the rushton rushtonliving.com • from $344,000 12H Quartz at Concord CityPlace 416-813-2999 • • 15M Spectra at Concord CityPlace 416-813-0999 • • 15N Grand Parade 2 at Concord CityPlace 416-813-0999 • 15M Parade TWO Park Collection at Concord CityPlace 416-813-0999 • from $308,000 15M 383 Sorauren 383sorauren.com from $265,000 9L 383 Sorauren 416-588-0383 from $265,000 9L Garrison at the Yards 416-260-2600 • from $190,000 14n West Lake 416-260-2600 • from $240,000 14N Newton at Concord CityPlace 416-813-0999 • 12F The Parkside Collection 416-351-1844 • from $700,000 8L NXT 2 416-977-5300 • • from $300,000 8N NXT2/Phase Two 416-977-5300 • • from $210,000 8N NXT at Windermere By the Lake 416-977-5300 • • from $350,000 8N VU 416-970-9500 • • from $370,000 16L Pears on the Avenue 416-323-0100 • from $382,000 14I The High Park 416-670-3699 • from $300,000 8L Trinity Lofts 416-690-2988 • from $330,000 19l Liberty Place 416-537-0047 • • from $170,000 12N 101 Erskine 416-480-0700 • from $286,000 14D 155 REDPATH 416-996-5428 • from $210,000 14D River City 416-862-0505 • • from $250,000 18L River City 2 416-862-0505 • • from $250,000 18L The Glen 416-694-3333 • from $255,000 23H Fabrik 416-591-7700 • from $250,000 14M 2221 Yonge 647-350-2221 • from $320,000 14E King Blue Condominiums 416-599-1355 • from $200,000 12N King Blue Condominiums 416-599-1355 • from $200,000 12N

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

Easton’s Group Remington Group Monarch Corporation Tridel Corporation Tribute Communities Greenpark Homes Tridel Corporation Bazis Inc. Pinnacle International Pinnacle International Tower Hill Development Corporation Madison Homes Lamb Development Corp.

Centre Court Development Menkes Developments Inc. Neudorfer Corporation Cresford Development Corp.

Lifetime Developments Fernbrook Homes/Cityzen Dev. K-CAP Laird Inc. Tridel Corporation Pinnacle International Conservatory Group Tridel Corporation Times Developments Inc. MintoUrban Communities Inc. MintoUrban Communities Inc. Lanterra Developments Lindvest Canalfa Group Pemberton Group Lamb Development Corp.

E-Park Development Emsatec Canada Inc Neudorfer Corporation Madison Homes State Building Group Empire Communities Lamb Development Corp.

Tridel Corporation Tridel Corporation Harhay Developments Carttera Fernbrook Homes/Cityzen Dev. DHD Developments Lamb Development Corp.

Harhay Developments Plaza Menkes Developments Inc. Lifetime Developments Aspen Ridge Homes Context Development Inc. Context Development Inc. The Brownstone Group of Companies The Brownstone Group of Companies Plaza Bazis Inc. Metropia Plaza Pemberton Group The Daniels Corporation The Daniels Corporation The Daniels Corporation Pinnacle International Lifetime Developments Lifetime Developments Concert Properties Triangle West Development Tridel Corporation Tridel Corporation Tribute Communities Tribute Communities Graywood Developments Mod Developments Inc. Canderel/Stoneridge Alterra Homes/Finer Space BSaR Ltd Andrin Homes Graywood/Beaverhall Development Cityzen Fernbrook Homes Fernbrook Homes Urban Capital Malibu Investments Inc. Alit Developments Tre Memovia Developments Lifetime Developments Castlepoint/Cityzen/Fernbrook Pianosi Developments Sorbara Group Streetcar Development Camrost - Felcorp Mizrahi | Khalili Developments Sorbara Group Graywood Developments Mod Developments Inc. Reserve Properties Reserve Properties Pemberton Group Streetcar Development Greenpark Homes The Daniels Corporation Tri-Win Developments Inc Burnac Corporation Lifetime Developments Centre Court Development Streetcar Development Menkes Developments Inc. Fieldgate Homes Freed Carttera Solotex Mod Developments Inc. Reserve Properties Castlepoint/Numa Dundee Kilmer Developments Torbel Group Pemberton Group Baywood Homes TAS DesignBuild Lamb Development Corp.

Lamb Development Corp.

Lamb Development Corp.

Freed Mansouri Living Menkes Developments Inc.

*TH: Townhomes, C: Condo

Telephone

TH* C*

Price Range

Page

Westinghouse Lofts 416-599-1355 • from $200,000 Westinghouse Lofts 416-599-1355 • from $200,000 Picasso on Richmond 416-495-3549 • from $400,000 Ten York 416-596-9888 • from $1020,000 The College 416-363-4800 • from $336,000 Axiom Condominiums 647-352-4077 • from $225,000 Spadina Queen 416-661-1949 • from $350,000 One Yorkville 416-519-2911 • from $300,000 Success Tower at Pinnacle Centre 416-360-0673 • from $750,000 33 Bay Residences at Pinnacle Centre 416-925-3325 • from $375,000 Churchill Park Condominiums 416-966-9080 • from $900,000 The Madison 416-482-8090 • from $420,000 Riverside Towns 416-368-5262 • from $460,000 Core Condos 416-598-2673 • from $220,000 87 Peter menkes.com • Fuse Condos 416-534-4444 from $220,000 Lofts 399 416-867-3999 • from $590,000 The Code thecodecondos.com • from $320,000 Garrison Point garrisonpoint.ca • from $250,000 The Upper House Condos in Leaside 416-425-1800 from $350,000 Alter 416-645-4599 • from $250,000 Palatila Collection 416-925-3325 • from $725,000 Milan 416-928-7409 • from $520,000 Aqualina at Bayside 416-514-2710 • from $350,000 The 500 Condos + Lofts 416-960-0606 • from $400,000 King West 416-367-5464 • from $210,000 775 King West 416-367-5464 • from $330,000 3018 Yonge In Lawrence Park 416-787-8882 • from $390,000 B Streets 416-532-6636 from $369,000 Liberty Central by the Lake 416-537-0047 • • The Uptown Residences 416-987-3500 • from $950,000 The Brant Park 416-368-5262 • from $262,000 Foundry Lofts 416-531-7760 from $399,000 The Brownstones 5 416-531-7760 • from $350,000 Brownstones 416-531-7760 • from $305,000 The Upper Canada Condominium 416-489-5194 • from $1800,000 The Upper Canada Condominiums 416-489-5194 • from $1.8,000 Schoolhouse 416-979-1333 • from $595,000 Flatiron Lofts 416-368-5262 from $243,000 300 Front Street West 416-217-0300 • from $324,000 Atmosphere 416-217-0300 • from $1200,000 One Eleven Condominiums & Lofts 647-347-4111 • from $250,000 One Eleven Condominiums & Lofts 647-347-4111 • from $250,000 Pier 27 Waterlink 416-367-3456 • from $800,000 Gooderham Condos at The Distillery 416-361-1322 • from $390,000 The King East 416-368-5262 • from $435,000 East Condos & Lofts 416-368-5262 • from $310,000 King West 647-341-1731 • from $346,000 Four Seasons Private Residences Toronto 416-775-7500 • from $1900,000 Four Seasons Private Residences Toronto 416-775-7500 • from $1900,000 Seventy Seven Charles Yorkville 416-203-7034 • from $2100,000 Market Wharf 416-861-8181 • from $260,000 Library District Condominiums 416-861-8181 • from $222,000 Brownstones in Davenport Village 416-531-7760 from $245,000 Brownstones on the Park 416-531-7760 • from $260,000 Ivory On Adelaide 647-341-1731 • from $279,000 Exhibit 416-967-7778 • Exhibit 416-967-7778 • Exhibit 416-967-7778 • U Condominiums 416-546-6605 • from $2500,000 One Park West 416-955-0559 • from $406,000 One Park Place Condominiums 416-955-0559 • from $200,000 Festival Tower 416-203-2020 • from $350,000 The Pinnacle on Adelaide 416-596-1600 • from $350,000 X2 416-927-0080 • from $303,000 Bisha Hotel & Residences 416-637-2211 • from $274,000 88 Scott 416-216-8588 • Art Condos 416-535-7775 • from $530,000 Two Old Mill 416-645-7022 • from $356,000 Old Mill 416-645-7022 • from $450,000 RCM I on University 647-351-9247 • from $393,000 Queen & Portland 416-363-4800 • from $315,000 5 St. Joseph 416-928-0555 • • from $250,000 5 St. Joseph 416-928-0555 • • from $250,000 DNA 3 416-929-1030 • from $220,000 Post House Condominium 416-964-2777 • from $350,000 12 Degrees 416-408-1200 • from $350,000 The Berwick 416-922-9425 from $280,000 The Mercer 416-597-6940 • from $350,000 Backstage on the Esplanade 416-777-2533 Backstage on the Esplanade 416-777-2533 Vero 416-798-7070 from $250,000 Tableau Condominiums 416-591-8887 • • from $450,000 Tableau Condominiums 416-591-8887 • • from $350,000 Tableau Condominiums 416-591-8887 • • from $350,000 Carmelina 416-423-8500 • from $325,000 The Yorkville Condominiums 416-987-3344 • • from $550,000 L Tower 416-777-2533 • from $410,000 Perspective Condos 416-242-3500 from $280,000 thirtytwo Camden 416-860-0060 • from $240,000 8 Gladstone 416-690-9009 • from $335,000 Yorkville Plaza 416-966-3003 • • from $350,000 133 Hazelton Residence 416-926-9900 • 210 Simcoe 416-217-0210 • from $200,000 Five Condos 416-928-0555 • • from $375,000 Five Condos 416-928-0555 • • from $375,000 Rise 416-546-7399 • • from $290,000 Model Suite of the Month • Neon 416-987-7878 • from $470,000 The Carlaw 416-690-8588 • from $200,000 Allure Condominiums 416-487-7600 • from $350,000 Cinema Tower Condominiums 416-203-2020 • from $450,000 FAD Condos 416-815-1818 • from $250,000 South Hill on Madison southhillonmadison.com • from $200,000 INDX 416-987-4639 • INDX 416-987-4639 • The Carnaby 416-690-9009 • from $250,000 Noir 416-977-8780 • from $250,000 90 Niagara 416-981-0036 from $363,000 SIXTY Colborne 416-601-0060 • from $300,000 SIXTY Colborne 416-598-7775 • from $300,000 Upper Beach Townes • The Massey Tower 416-966-0197 • • from $320,000 109OZ 416-531-4844 • from $300,000 The Sterling 416-777-2533 • • from $230,000 Canary District Condominiums 416-603-7576 • from $250,000 Wallace Walk 416-531-1818 • from $210,000 TEN93 Queen West 905-326-4100 • from $280,000 TEN93 Queen West 905-326-4100 • from $280,000 Duke Condos junctionlife.ca King Charlotte 416-368-5262 • from $416,000 Theatre Park 416-368-5262 • from $537,000 The Harlowe 416-363-1771 • from $260,000 Thompson Residences 416-360-0600 • from $280,000 The Perry 416-926-7555 • from $390,000 Harbour Plaza menkes.com •

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

Finder 12N 12N 14M 12F M14 17L 15D 15I 17m 17m 13H 14E 19L 16L 15M 9k 14L 13H 13N 18D 16J 16M 15I 18N 17I 14M 14M 14B 13J 12N 16J 14M 9I 9I 9I 14G 14G 13i 20J 15M 15M 13M 13M 17N 18L 18L 18L 13N 15I 15I 14J 17M 17M 9j 9J 17L 14i 14i 14i 15K 18J 18J M14 15M 16J 16m 17M 12N 5L 5L 14M 15I 16J 16J 12N 16L 15L 14D 15M 17M 17M 17M 15L 15L 15L 23J 15G 17L 4H 14L M12 14H 14I 15M 15J 15J 12H 12H 14D 19K 14F 14M 14M 13I 16M 16M 12M 15M 14O 16L 16L 24G 16L 12M 9L 18L 9L 12F 12F 8K 15M 16M 15M

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

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

torontoregionalmaps: Toronto, East York, York

# 21 21 22 22 23 24 25 26 29 29 30 32 33 34 35 36 37 39 40 43 44 45 46 51 54 55 55 57 59 60 62 64 66 66 66 70 70 78 81 83 84 85 85 88 94 101 101 102 103 103 104 106 106 109 109 114 117 117 117 118 120 120 122 124 126 128 129 130 131 131 133 134 135 135 136 137 141 142 148 151 151 151 153 153 153 154 155 157 162 165 170 171 173 175 179 179 184 184 185 186 188 189 191 193 195 195 197 198 199 200 200 201 206 207 210 215 217 217 217 219 220 221 222

115

1

2

3

4

5

6

7

8

A

9

10

11

12

13

14

15

16

17

18

101

Steeles Ave

19

20

North York c

14

400

37

24

25

26

99

9 135

5

23

121

33

b

21 22

124

40 8 2 50 10 4

128

7 5

1

401

d

6

124

96 28

123

e

21

401 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

#

116

4 5 9 10 10 10 14 96 121 123 1 2 3 3 4 5 6 6 6 6 7 8 15 21 28 33 37 40 50 50 86 94 95 96 96 99 101 122 122 122 124 125 128 128 130 132

Builder

Tridel Corporation Lindvest Sorbara Group Bazis Inc. metropia Plaza Torbel Group ELAD Canada Liberty Development Corp.

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

*TH: Townhomes, C: Condo

Site

Telephone

TH* C*

Price Range

Page

Aristo at Avonshire 416-730-0300 • from $383,000 IFC The Brownstones at Westown lindvest.com from $330,000 109 Beacon beaconcondos.ca • 67 Emerald Park 416-221-8802 • from $188,000 27 Emerald Park 416-221-8802 • from $188,000 27 Emerald Park 416-221-8802 • from $188,000 27 Diva Condo DivaCondo.com from $225,000 111 Emerald City Condominiums 416-492-0001 • from $256,000 69 World on Yonge 905-771-7010 • from $284,000 35 The Station 416-398-9777 • from $420,000 55 Opus 416-813-2999 • • The Avanti Condominiums 416-636-0400 from $390,000 VISTO vistocondos.ca from $220,000 Westhaven 416-792-6655 • from $633,000 Hullmark Centre 416-733-2883 • from $524,000 Grand Cornell Brownstones in Markham 905-294-6161 from $340,000 Tango at Concord Park Place 416-813-2999 • • from $236,000 Discovery at Concord Park Place 416-813-2999 • Discovery II at Concord Park Place 416-813-2999 • • from $210,000 Tango2 at Concord Park Place 416-813-2999 • from $265,000 SOUL mysoulcondos.ca from $200,000 Pearl 2 Condominiums 416-512-1818 • The Essential 905-887-4888 • from $250,000 Argento 416-663-1818 • from $562,000 Alto at Atria 416-645-8866 • from $288,000 The Palm Condominium Residences 416-306-1000 • from $400,000 Portrait Condominiums 416-282-9600 • from $300,000 Gibson Square 416-730-9722 • from $385,000 88 416-915-3805 • from $325,000 Flo Condominiums 647-799-0356 • from $250,000 Aura At College Park 416-962-8688 • from $995,000 Gooderham 416-361-1322 • from $410,000 Scenic on Eglinton 416-805-1781 • Dreamtower At Emerald City 416-492-0001 • from $248,000 Biyu Emerald City biyucondos.com • from $250,000 Willow Park at Bayview 416-221-6767 • from $400,000 Posh Condominiums 905-771-0134 • from $544,000 Treviso Condominiums 416-787-8882 • from $250,000 Treviso II 416-787-8882 • from $250,000 Treviso III 416-787-8882 • from $250,000 Trio at Atria 416-645-8866 from $255,000 LIV Lofts 416-445-5638 • from $250,000 NY Place 416-221-3939 • from $250,000 NY2 416-221-3939 from $250,000 Canterbury 647-352-2130 • • from $700,000 Flaire Condos 416-445-8868 • from $320,000

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

Finder 18D 4C 17C 17C 17C 17C 11C 24C A18 12D 22C 17C 8E 23G 18D 4C 22C 22C 22C 22C 25C 17C 20E 22e 25D 17B 13C 17C 18c 18c 16K 18l 23G 24C 24C 21 16A 12F 12F 12F 24C 22F 19C 19C 19F 22F

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

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

1

2

3

4

5

6

8

26

e

Islington Ave

al

Kipling Ave

10

62

Bl

vd

1

2A

40

Dixon Rd

12 Etobicoke

Rathburn Rd

19

8 ll R Mi

44 Bloor St W

d

Dundas St W

Queensway

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

70

11 53 3 56 39 4 37 6 33

Gardiner Expressway Evans Ave

Horner Ave

h

5 Park Lawn

QEW

50 14 51 34 3 35

Royal York Rd

Scarborough

d

409

ett R Scarl

Westway

9

*TH: Townhomes, C: Condo

25

d

Re

7

Builder Stanton Renaissance Great Gulf Monarch Corporation Queenscorp Residences City Core Monarch Corporation Edilcan Development Corp.

Lash Group of Companies Insoho Developments Esquire Homes Windcatcher Development Corporation Henderson Development Limited Stanton Renaissance Devron Developments Lemine Investment Group Monarch Corporation Monarch Corporation Conservatory Group Menkes Developments Inc. Pemberton Group Wilkinson Developments Lash Group of Companies Carttera Camrost - Felcorp Camrost - Felcorp National Homes Averton Homes Infinity Developments Graywood/Beaverhall Development Davies Smith Liberty Development Corp.

Monarch Corporation Empire Communities Averton Homes Tridel Corporation Amexon Development Corporation Tridel Corporation Tridel Corporation Edilcan Development Corp.

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

24

nR

Martin Grove Rd

60

23

Finch Ave W

27

Av e

bio

Ranforth Dr

Da nf or th

Al

23

14

# 2 7 18 25 38 39 45 71 1 1 1 2 2 3 3 4 5 6 7 8 9 10 10 11 11 12 13 14 15 20 28 29 33 34 35 37 42 44 45 46 50 51 55 56 60 61 61 62 65 70

21 22

401

ve nA

Ki

20

xd

lva

Sy

19

Humberline Dr

Manse Rd

Galloway Rd

72

n

sto

RD

ng

Ki

18

Passmore Ave

Centennial

Orton Park Rd

Markham Rd

McCowan Rd

Bellamy Rd

St. Clair Ave

Scarborough Golf Rd

n Dr

orto

Lawrence Ave E

3

17

East Ave Port Union Rd

71

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

Victoria Park

g

Progress Ave

Brim

Eglinton Ave E

f

29

16

427 Morrish Rd

2

Brimley Rd

Warden Ave

Pharmacy Rd

e

61

Birchmount Rd

d

Kennedy Rd

Ellesmere Rd

Midland Ave

55 401 31

401

15

Beare Rd

13

14

Sheppard Ave E Conlins Rd

Milner Ave

13

Meadowvale Rd

1

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 On The Go Mimico 647-692-8417 • from $250,000 113 23C One Sherway Condominiums 416-695-3535 • from $220,000 22 16G Lago 416-495-3544 • from $220,000 Insert 24c Watermark 416-354-2221 • from $307,000 103 19D Harmony Village Sheppard 416-493-0123 from $176,000 63 2C Waterscapes 416-495-3544 • from $400,000 Insert 26H Triumph at Valhalla 416-233-5554 • from $199,000 77 21F Me Condos 416-430-0003 • from $220,000 107 8D Imagine Condos 416-367-7303 from $235,000 4F Three Seven Condos & Lofts esquirehomes.ca • from $210,000 11D Atwater Condos 905-271-5038 • from $280,000 12B Centro 416-296-1898 • from $185,000 6D On The Go 647-692-8417 • from $250,000 23C The Academy academycondos.com • from $220,000 10D The Academy academycondos.com • from $220,000 10D Nautilus at Waterview 416-203-6636 • from $400,000 25H The Epicurean 416-495-3530 • from $250,000 23F Altitude 416-321-1659 • from $230,000 25H One Sherway Condominiums 416-695-3535 • 16G Palais at Port Royal Place 416-239-8200 • from $260,000 23F Hunt Club Terrace 416-698-3020 • 2H Cloud 9 Condominiums 416-747-0199 • from $220,000 22B Cloud 9 Condominiums 416-800-0812 • from $240,000 22B ilofts at Mystic Pointe 416-251-8888 • from $310,000 25G California Condos 416-251-8888 • from $242,000 25g Richview 416-746-1234 • from $570,000 22E Jasmine Condominiums 416-702-1234 • from $250,000 2C Residences at The Hunt Club 416-699-1711 • from $300,000 2H Ocean Club 416-255-4663 • from $250,000 24C Eleven Superior 416-259-8882 • from $220,000 23C Terrace on Danforth 416-987-7575 • from $234,000 2F Encore 416-495-3544 • 5D Beyond The Sea Star Tower Condominiums 416-979-1333 • • from $400,000 24H Evolution 416-747-9691 • from $250,000 22G Parc Nuvo at Essex 416-231-0999 • from $456,000 22g South Beach 416-252-3000 from $209,000 25H Ventus at Metro Gate 416-293-5535 • from $314,000 4c West Village 416-620-1887 • from $290,000 21F One Valhalla 416-233-5554 • from $239,000 21F Park Towers at IQ 416-253-5838 • from $170,000 22G Vivid Condos 416-239-8200 • from $250,000 23F Westwood Condominiums 416-239-9888 • from $250,000 23F Avani At Metrogate 416-293-5535 • from $240,000 4C Jade Condominiums 416-762-8818 • from $293,000 24G Nature’s Path 416-745-6686 • • from $270,000 11E 2150 Condos 416-750-2150 • 3E Haven On The Bluffs 416-2611-9555 • from $160,000 3E Lexington 416-638-8444 • from $240,000 21C South Shore 416-913-2136 • from $350,000 22H Qube Condos 647-351-7823 • from $200,000 24G

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

117

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

2

5

o esh Lak W Blvd

y Valle D on ay Parkw

QEW

16

17 shore Lake W Blvd

25

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20

11

St

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14

Jarvis

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St Keele

1

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Univ

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Toronto Waterfront

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waterfrontmaps: Toronto

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

118

#

Builder

2

Concord Adex

Site

Telephone

TH* C*

FWD at Concord CityPlace

416-813-0999

• •

58 GREAT GULF

Monde

416-466-8885

1

Pemberton Group

Park Lake Residences

416-769-4343

Price Range

Page

Finder

42-43

13F

• • from $304,000

22

17M

• • from $250,000

3F

5

Concord Adex

Newton at Concord CityPlace

416-813-0999

3

Concord Adex

Quartz at Concord CityPlace

416-813-0999

• •

•

15M

12F

3

Concord adex

ParadeTWO Park Collection at Concord CityPlace

416-813-0999

• from $308,000

15M

4

Monarch Corporation

Nautilus at Waterview -

416-203-6636

• from $400,000

25H

4

tridel corporation

Aqualina at Bayside Toronto

416-514-2710

•

16E

5

Concord Adex

Newton at Concord CityPlace

416-813-0999

•

12F

6

Plazacorp/Berkley Community

West Harbour City

westharbourcity.com

• from $327,000

13E

7

Lifetime Homes

Waterparkcity – Neptune

416-203-3700

•

13f

8

Concord Adex

Panorama Elite Suites at Concord CityPlace

416-813-0999

• from $1,135,000

14F

8

Concord Adex

Luna Vista at Concord CityPlace

416-813-0999

• from $2,213,000

14F

8

CONCORD ADEX

Spectra at Concord CityPlace

416-813-0999

• •

14F

8

Cresford Development Corp.

NXT at Windermere By The Lake

416-977-5300

• • from $300,000

11f

8

Cresford Development Corp.

NXT2/Phase Two

416-977-5300

• • from $210,000

4E

9

Conservatory Group

Infinity Condominiums

416-214-1988

• from $250,000

14f

11 CAMROST FELDCORP

California Condominiums

sunsetcondos.ca

• from $242,000

25G

14 Canalfa Group

Liberty on the Park Condominiums

416-537-0047

• from $363,000

10F

15 Malibu investments inc.

LTD

416-601-2223

• from $200,000

12F

18 Fernbrook Homes/Cityzen Dev.

Pier 27 Residences On The Lake

416-367-3456

• from $300,000

11F

18 URBAN CPITAL

River City 2

416-862-0505

• from $250,000

18L

29 PINNACLE INTERNATIONAL

33 Bay Residence at Pinnacle Centre

416-925-3325

• • from $375,000

17M

60 CANALFA GROUP

Liberty Central by the Lake

416-537-0047

12N

*TH: Townhomes, C: Condo

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

•

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

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

Park Rd S Park Rd S

Phillip Mur

TH* C*

Price Range

Lake

og

Scug

Manvers

Page

Finder

Scugog

Dr

Ce rem on ial

Qu ee nS tE

St W

Ra th bu rn Rd W

or Qu Dr ee n

Ro ya lW ind s

Th eC oll eg ew ay

Sh Sp erid ea an km P an ark Tr Dr Dr us co tt Dr

La ke sh or eR dW

416-495-3544

• from $350,000

Insert

416-354-2221

• from $307,000

Water Tower at Eau Du Soleil

416-503-3328

• from $320,000

Schomberg Whitby

Oshawa

103 401

25C 24c

Newcastle 19D

6

25B

Sp ee rs Rd La ke Ma sh cD or eR on Cor ald nw dE Rd all Rd

windcatcher development corp.

Atwater Condos

905-271-5038

• from $280,000

12B

2

Stanton Renaissance

On The Go

647-692-8417

• from $250,000

23C

5

United lands

Stonebrook Condominiums

905-822-8858

• from $270,000

9E

8

chestnut hill development

San Francisco By The Bay

905-831-3631

• • from $180,000

23J

10 Pemberton Group

Bluwater Condominiums

416-987-8800

• from $350,000

5J

13 GREEN HILL HOMES

Princeton Manor

905-849-1818

• from $210,000

6G

14 Phantom Developments

Jade Waterfront Condos

416-251-0707

• from $250,000

24G

15 GRAYWOOD DEVELOPMENTS

Ocean Club

416-255-4663

• from $250,000

24C

20 DAVIES SMITH

Eleven Superior

416-259-8882

• from $220,000

23C

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

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

waterfrontmaps: GTA

Uxbridge

Si

Bloor St

Lindsay

Insert

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

Stevenson Rd

Whitby 7 Waterfront

Gibb St

Thornton Rd

Wentworth St

• from $390,000

Watermark

King St W Bond St W

Centre St.

401

King

416-495-3544 48

Adelaide Ave

Kendalwood R

Telephone

8

Garrard Rd

48

Blair St

Cannington

Hopkins St

ly

Anderson St

Garden St Blair St

Brock St S Henry St Gordon St

Bradford Tecumseth and Waterscapes Tottenham

Cochrane St

Bay

Brock St N

Ajax-Whitby

a

Keswick

Shoal Point Rd

ew

riv

Georgina

n

Bayly St E Georgina Island 33 caygeo Bob

East Gwillimbury Further North Waterfront 400

Bv

Sim

Westney Rd S

McQuay

ke

La

Manning Rd

Town of Whitby

e 401

Rossland Rd

1

*TH: Townhomes, C: Condo

eS co Sim

Stevenson Rd

Garden St

Baldwin St S

Taunton Rd W

Dryden Bv

Dundas St E

co

Pickering Beach Rd

Harwood Ave

Finley Ave

La Br ke id sh ge or Rd eR dW

Conlin Rd

Country Lane

Bu rn ha m th or pe Rd E

25

To Os

Thornton Rd

Lakeshore Blvd E

Thickson Rd

1518 20

R

Rossland Rd

Townline Rd

Mara

Audley Rd

Rd

Church St E

16 28

Evans Ave

Coronation R

Lakeridge Rd

Audley Rd

Salem Rd

Up pe rM idd le

8 Con

Garrard Rd

Eg Bu lin to rn Ra n ha th b m u th rn or Rd pe E Du Rd nd Th W as eQ St ue E en sw ay

Br ita nn ia Rd W

Av eW St ee les

26

Baldwin St N

Halls Rd N

4 Sideline R

Park Lawn Cedarbrook T

Royal York Rd

De rry Rd W

Duffs Rd

25

Taunton Rd WWaterfront Etobicoke

Alliston,

Riva del Lago 9

Stevenson Rd

Ashburn Rd

Cochrane

Country Lane

Lake Ridge R

d ll R Mi

4 Sideline

Salem Rd

Westney Rd N

Bu rn ha m th or pe Du Rd nd W as St W

d

orth Dr

24

Village of Gardiner Expressway in 1411 Brookl 2

Queensway

Horner Ave Rossland/Winchester

Oro

eD

28 empire communities

23

Brawley Rd Bloor St W

QEW

Kingston Rd

Barrie

21 22

Dundas St W

Town of Ajax 11

Adjala 9

6 Sideline

Greenwood Rd

25 queenscorp residences

4 Sideline R

Rd

Mono

Fifth Conces 12 11 9

Magill Dr

Lak

0

11 Monarch Corp.

10 18 Monarch Corporation

93

400

20

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

69

400

Beeton, Site

89

Shelburne

Ravenscroft

Hwy 5

k

Essa

19

Mississauga Taunton Rd E Waterfront Orillia

Church St S

Tosorontio Everett

7

Delaney Dr

Montgomery F

D

Builder

Squires Beach Rd

Angus

Brock Rd

Sandy Beach

nt

J

Liverpool Rd

u1g0 em ou

Vespra 401

Sunnidale Oakville Granite Court 90 Waterfront Lisle

Whites Rd

Rd ak rlo Bu

Ro

Paddock Rd

Church St N Riverside Dr Notion Rd

Glenanna Rd

Appleview Rd

Spruce Hill Rd e Lin

Stroud's

24 ings K

16 Sideline

27

4

Highview Rd

Sheppard Ave

#

Brock Rd sR Oak jor Ma Valley Farm

6

Wasaga Beach

I

69

Rossland Rd

Liverpool Rd

Fairport Rd

No ttin gh ll G Finch iAve ate

18

Columbus Rd

Bracebridge

27

3 Concession

17

Myrtle Rd W Rathburn Rd

6 Concession

Tay

nR Devo

Ke rr St

d

1

400

Brock Rd

Midland d

W QE

R ton

7 Concession

w th ra Rd

4 Concession Dr Ford

Dixie Rd

Altona Rd

25

Whites Rd

Rd

Tr em ai hne R d

Rd

RdRosebank Rd

d eR Lin

Rd Thornbury

Rd

Brock Rd

Rd

e Lin e Lin

6

e Lin

Oakville

Georgian Bay

Br gont e

3 40

8

4 Concession Tr af alg ar

4

f

5 Concession

9

Altona Rd

e

11

7

Rd ian Ind

16

QEW

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St

15

12 Sidelinee xi Di

W ol fe da le Rd n io at St

d

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14

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Ce nt ra l

City of Mississauga ering Pick

Co l Rid onia ge l D waRdr Whitevale yD r

13

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16 Sideline

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b

3

8 40

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ne

1 40

6

20 Sideline

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5

Rd

4

in Er

A

3

n ke m To

2

24 Sideline

1

d yR

28StSideline rio ta on 30 Sideline

9 Concession

119

Model Suite Compliments of Amacon.

www.amacon.com

Parkside Village welcomes its most recent triumph to Mississauga’s first urban village - The Towns at Parkside Village offers up to 1,990 sq. ft. of living, sleeping and cooking space. Love Coming Home.

JUNE2014

Amacon has been featured as “MODEL SUITE OF THE MONTH” as seen in the New Condo Guide model suite calendar

homebuyersâ&#x20AC;&#x2122; help

condo buyersâ&#x20AC;&#x2122;

resource section Compare mortgage rates for your best deal Helpful tips for condo shopping and moving

jun 21 - jul 5, 2014 new Condo Guide 121

homebuyersâ&#x20AC;&#x2122; help

Condo hunterâ&#x20AC;&#x2122;s checklist When shopping for your dream condo, carry this list with you and take notes to help you remember what you saw, and where! condo #1

condo #2

condo #3

condo #4

Project & address:

Project & address:

Project & address:

Project & address:

Salesperson:

Salesperson:

Salesperson:

Salesperson:

Phone:

Phone:

Phone:

Phone:

Developer/builder:

Developer/builder:

Developer/builder:

Developer/builder:

Type:

Type:

Type:

Type:

2-storey highrise bungalow

detached conversion townhome

2-storey highrise bungalow

detached conversion townhome

2-storey highrise bungalow

detached conversion townhome

2-storey highrise bungalow

detached conversion townhome

Sq. Footage:

Sq. Footage:

Sq. Footage:

Sq. Footage:

# of bedrooms:

# of bedrooms:

# of bedrooms:

# of bedrooms:

# of bathrooms:

# of bathrooms:

# of bathrooms:

# of bathrooms:

Interior appliances:

Interior appliances:

Interior appliances:

Interior appliances:

Options:

Options:

Options:

Options:

Parking facilities:

Parking facilities:

Parking facilities:

Parking facilities:

Special incentives:

Special incentives:

Special incentives:

Special incentives:

Price:

Price:

Price:

Price:

Down payment:

Down payment:

Down payment:

Down payment:

Condo fees:

Condo fees:

Condo fees:

Condo fees:

Financing available:

Financing available:

Financing available:

Financing available:

Other comments:

Other comments:

Other comments:

Other comments:

122 new Condo Guide jun 21 - jul 5, 2014

Compare mortgage rates for your best deal CHARTERED BANKS

Variable

6 Months

1 Year

2 years

3 years

4 years

ATB Financial 2.7

4 6.30op

2.94 6.30op

Alterna Svgs/Alterna Bk 2.6

4 6.30op

2.98 2.98 2.98 2.94 6.30op

3.14

Bank of Montreal 3

4 6.30op

3.14 3.04 3.85 4.39 6.30op

3.29

Bank of Nova Scotia 2.6

4.55 6.45op

3.29 2.97 3.44 2.89 6.50op

3.09

Canadian Western Bank

4 6.45op

3.14 3.04 3.75 4.39 6.30op

4.99

CFF Bank

3.69

3.79

3.24

CIBC 3

6.70op

3.09 2.79 3.75 2.97 6.35op

4.99

HSBC Bank Canada 2.55

2.7 3.95 2.93 3.09 6.35op

3.19

3.15

ICICI Bank Canada

4.45 6.20op

3.75

3.69

3.89

3 3.05 3.1 3.14 3.50op

3.19

National Bank n/a

3.14 3.04 3.75 2.95 6.70op

3.39

4.4 6.70op

3

3.65

2.69

3.69

4.09

Royal Bank 3

6.30op

3.14 3.04 3.75 4.54 6.30op

4.94

TD Canada Trust 3

3.09 3.04 3.44 2.77 6.30op

2.99

Tangerine

3.19

3.24

3.49

3.69

3.79

3.25

3.95

3

3.04

3.64

3.29

Manulife Bank 2.7 4.45

Presidentâ&#x20AC;&#x2122;s Choice Financial

3.05

2.89 2.99 3.04 6.50op

5 years

3.59

TRUST COMPANIES Community Trust

6.5

3.14

4.74

4.99

Concentra Financial n/a

n/a

4 6.70op

3.14 3.04 3.44 3.94 6.30op

4.79

Effort Trust n/a

4.45 6.30op

3.45 3.6 3.7 4.6 6.30op

4.95

Home Trust Company

3.95

2.89

2.94

3.04

Investors Group Trust n/a

2.5

4.2 6.50op

3.14 3.14 3.75 4.64 6.30op

2.89

2.79

4.99

MTCC 2.6

4.55 6.45op

3.29 6.50op

2.97

3.44

2.89

3.09

Airline Financial C.U. 4

3.01 6.25op

3.1

3.33

3.65

3.99

Comtech Credit Union 2.95

6.2 6.40op

2.99 3.25 3.29 2.99 6.30op

3.09

First National Fin. LP

3.95

OTHER FINANCIAL INSTITUTIONS

2.77

3.09

FirstOntario C.U. 2.6

6.34op

3.09 3.14 3.29 2.89 6.34op

3.04

IC Savings

3.05

3.39

3.39

London Life n/a

3.14 3.14 3.75 4.64 6.30op

4.99

3.05 6.3

2.75

2.95

2.85

2.95

3.6

3.95

4.35

4.2 6.50op

Luminus Financial 2.55

MCAP

2.6

2.99

2.59

2.99

2.79

2.99

4.89

5.14

Meridian Credit Union 2.6 4

3.09 3.14 3.65 2.95 6.30op

3.19

Parama Credit Union 2.85

2.85 3.05 3.15 3.25 3.00op

3.4

Steinbach Credit Union

2.65

3.1

2.5

2.8

2.9

2.95

Notes **Interest rate charged subject to adjustment during term mortgage. Please consult institution for term of years available. All rates are prime rates and subject to change without notice.

R.O.R. RATES ON REQUEST op OPEN ----- NOT QUOTING N/A NOT AVAILABLE June 16, 2014. Prepared By Fiscal Agents Financial Information Services 905.844.7700

jun 21 - jul 5, 2014 new Condo Guide 123

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Jun 21 - Jul 5, 2014 Volume 18 Issue 13

Build with the best.

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All of this simply underlines the reality that when you choose a home in one of Reid’s Heritage Homes’ fine communities throughout Ontario, you are investing in the best: the best quality, the best reputation, the best team – the best for you and your family.

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INVESTOR ADVICE: WHAT RENTERS WANT IN A CONDO

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homebuyers’ help

Changing your address?

Plan ahead to make your move as smooth as possible, and avoid getting lost in the shuffle!

As soon as possible… notify family and friends, companies and institutions that your address will be changing, either by phone or by mailing the change-of-address cards available at your local post office.

The following checklist will serve as a convenient reminder:

❏ Accountant

❏ Family doctor

❏ Alumni association

❏ Dentist

❏ Attorney

❏ Veterinarian

❏ Banks

❏ Frequent flyer program

❏ Lending institutions

❏ Magazine / newspaper subscriptions

❏ Insurance companies

❏ Catalogs

❏ Investment companies

❏ Place of worship

❏ Canada Revenue Agency

❏ Update your driver’s license

❏ Stockbroker ❏ Credit card company ❏ Employer

jun january 21 - jul 8 - 29, 5, 2011 2014|new new Condo condo Guide Guide 125

index of advertisers 45 Charles Ltd. - Chaz Yorkville Condos AMACON - Model suite of the Month

31 120

Lash Group of Companies - Me Condos

107

Liberty Development Corp. - Centro Square Condos 2

37

Amexon Development Corporation - U Avenue

61

Liberty Development Corp. - CORPORATE

36

Aspen Ridge Homes - Studio on Richmond

49

Liberty Development Corp. - Legacy Park

37

Bazis Inc. - E Condos

19

Liberty Development Corp. - World on Yonge

35

Bazis Inc. - Emerald Park

27

Lifetime Developments - The Bond Condominiums

25

Bazis Inc. - No1 Yorkville

5

Lindvest - The Brownstones at Westown

109

BILD - Promo

99

Luxury Living Magazine - Promo

52

Brandy Lane Homes - The Station

55

Malibu Investments Inc. - Smart House

53

Camrost - Felcorp - Imperial Plaza

3

Menkes Developments Inc. - 365 Church

Insert

Camrost - Felcorp - Yorkville Plaza II

1

Menkes Developments Inc. - Corporate

Insert

Canpages - Promo

108

Metropia - E Condos

19

Chinese Home & Condo Guide - Promo

62

Metropia - Emerald Park

27

City Core - Harmony Village Sheppard

63

MintoUrban Communities Inc. - 30 Roe

75

Concord Adex - FWD at Concord CityPlace

42-43

Monarch Corporation - Corporate

Insert

Cresford Development Corp. - 1000 Bay

IBC

Monarch Corporation - Lago

Insert

Cresford Development Corp. - CASA 2

IBC

Monarch Corporation - Riva del Lago

Insert

Cresford Development Corp. - CASA III

IBC

Monarch Corporation - Waterscapes

Insert

Cresford Development Corp. - Merton Yonge Condominiums

128

Pemberton Group - Corporate

Digital Device - Promo

127

Pinnacle International - Pinnacle Grand Park 2

87

8-9

Dundee Kilmer Developments - Canary Park Condominiums

51

Pinnacle International - The Marquee Townhomes on the Park

83

Eastonâ&#x20AC;&#x2122;s Group - Dundas Square Gardens

79

Plaza - Emerald Park

27

Eden Shaw - Chaz Yorkville Condos

31

Queenscorp Residences - Watermark

Edilcan Development Corp. - Triumph at Valhalla

77

Rio Can - E Condos

19

ELAD Canada - Emerald City Condominiums

69

Rockport Group - The Nest

71

Empire Communities - Rain Condominiums

7

Shopping Guide - Promo

78

Empire Communities - The HUB

6

Sorbara Group - Beacon

67

Empire Communities - The Mark

6

Stanton Renaissance - On The Go Mimico

Empire Communities - Water Tower at Eau Du Soleil

6

TD Bank - Corporate

17

The Daniels Corporation - Daniels Erin Mills

29 15

Family of magazines - Promo

124

Geranium Homes - Pace on Main

88-89

The Daniels Corporation - High Park Condominiums

Geranium Homes - Uptownes at Cardinal Point

92-93

The Daniels Corporation - One Park Place South Tower

103

113

Insert

Great Gulf - Charlie

23

Torbel Group - Diva Condo

Great Gulf - HOT

23

Tribute Communities - Varley

Great Gulf - Monde

22

Tridel Corporation - Aristo at Avonshire

IFC

Great Gulf - One Bloor Residences

22

Tridel Corporation - Corporate

BC

Great Gulf - One Sherway Condominiums

22

Triumph Developments - Howard Park 2

65

Great Gulf - X2

23

Urban Capital - RC3

47

Great Gulf - Yonge+Richmond

23

Urban Capital - Smart House

53

Lanterra Developments - 11 Wellesley

11

Worsley Urban Partners - Totem Condominium

59

Lanterra Developments - Riverhouse at the Old Mill

24

Your First Home & Condo - Promo

126 new Condo Guide jun 21 - jul 5, 2014

111 41

102

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M ERTO N YO NGE TOWNHOM E S

ACtuAL SOuth vIew

liVE. hErE. now.

1815 yongE St.

StyliSh CondoMiniUMS & townhoMES FiniShEd with ExCEptional UpgradES.

Call for your private appointment today. presentation Centre loCated at 170 merton street.

N

YONGE

EGLINTON

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Midtown living at its very best! MYC is located at Yonge & Merton, just steps to the subway, parks, trails and trendy Yonge Street boutiques and cafes. Outdoor amenity spaces furnished with Andrew Richard Design and interior spaces furnished by Italian label, Lema. It’s your life, your style, your way.

DAVISVILLE TTC SUBWAY

PRESENTATION CENTRE MERTON

penthouses from the $800’s - new release townhomes from the high $500’s tower suites from the mid $300’s 416.484.1900 myccondo.com

SITE ST. CLAIR

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in 4d

BROkeRS PROteCteD. PRICeS AnD SPeCIfICAtIOnS ARe SuBjeCt tO ChAnge wIthOut nOtICe. ILLuStRAtIOnS ARe ARtISt COnCePt. e.&O.e.

EGLINTON

N

ONGE

➤

128 NEW CONDO GUIDE JUN 21 - JUL 5, 2014

FASHIONED

BY CRESFORD. FURNISHED WITH HERMÈS.

Actual Model Suite Photography - Evelyne Suite - 493 sq.ft.

INTRODUCING THE SPECTACULAR NEW CRESFORD CONDOMINIUM GALLERY IN YORKVILLE FEATURING AN EXCLUSIVE HERMÈS-FURNISHED MODEL SUITE. NOW SHOWCASING 3 SIGNATURE CRESFORD COMMUNITIES. VISIT THE NEW CRESFORD CONDOMINIUM GALLERY AT 62 CHARLES ST. E.

1THOUSAND BAY CONDOMINIUMS ON THE PARK

Under Construction Bay & Bloor Suites from the high $300’s 416.485.3000

Under Construction Yorkville Furnished by MissoniHome Suites from the low $300’s Penthouses Now Available 416.486.CASA (2272)

Now Open Yorkville Lobby to be Furnished with Hermès Suites from the mid $300’s 416.486.CASA (2272)

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MONDAY - THURDAY 12-7PM, FRIDAYS CLOSED, WEEKENDS 12-5PM

PARKING AT REAR

N

cresford.com

BROKERS PROTECTED. PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. E & O.E.

Experience the hip modernity of ARISTO. Tour the stunning collection of globallyinspired model suites with 1 bedroom, 1 bedroom + den and 2 bedroom floorplans.

Enjoy the convenience of shuttle bus service to the subway during peak hours.

London Posh.

London is calling with its nod to historic splendour and antiquity. Time travel in Aristo’s London Posh model suite to an era of grandeur and timeless elegance.

Book your private tour today. *Prices and specifications are subject to change without notice.Illustrations are artist’s concept only. Building and view not to scale.

Tridel ®, Tridel Built for Life ®, Tridel Built Green. Built for Life.® are registered trademarks of Tridel and used under license. ©Tridel 2014.

All rights reserved. E.&O.E. June 2014.

tridel.com

Exp insp Enjo

Manhattan Chic.

L

New York City is always ahead of the curve. The

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*Prices Tridel ÂŽ All righ

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It’s a Tridel.

North York TRIO aT aTRIa Now Selling 416-645-8866 Sheppard, east of 404 alTO & PaRksIde aT aTRIa Under Construction 416-645-8866 Sheppard, east of 404 aRgenTO Under Construction 416-663-1818 Don Mills & York Mills aRIsTO Under Construction 416-730-0300 Yonge & 401 HullmaRk CORPORaTe CenTRe Under Construction 416-733-2883 Yonge & Sheppard toroNto sQ aT alexandRa PaRk Now Selling 416-661-1949 Spadina & Queen alTeR Now Open 416-645-4599 Church & McGill aQualIna aT BaysIde Now Selling 416-514-2710 Queens Quay East on Lake Ontario 101 eRskIne Now Open 416-480-0700 Yonge & Eglinton 300 FROnT Move In Today 416-217-0300 Front & John BlyTHwOOd aT HunTIngTOn Under Construction 416-485-1900 Bayview & Lawrence Ten yORk Under Construction 416-596-9888 York & Harbour TwO Old mIll Under Construction 416-645-7022 Bloor West Village One Old mIll Under Construction 416-645-7022 Bloor West Village Scarborough VenTus aT meTROgaTe Move In Today 416-293-5535 Kennedy & 401 aVanI aT meTROgaTe Under Construction 416-293-5535 Kennedy & 401

Throughout the entire home buying process, we’re determined to create a positive experience for you. In fact, our commitment to your satisfaction starts long before you are even our customer. It starts from the moment you step into a Tridel Presentation Centre and continues long after you’ve settled into your new home. Maintaining the highest standard of customer care from start to finish is why we continue to lead the industry in customer satisfaction ratings and awards. For a builder that focuses on what’s important to you, look to Tridel.

Tridel®, Tridel Built for Life® are registered trademarks of Tridel and used under license. ©Tridel 2014.

All rights reserved. E.&O.E. June 2014. *Price and specifications subject to change without notice.

etobicoke wesT VIllage Move In Today 416-620-1887 Etobicoke Civic Centre richmoNd hill RenaIssanCe Move In Today 416-736-9500 Yonge & Major Mackenzie

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