[ 4-WEEK ISSUE ]
July 4 - Aug 1, 2015 Volume 19 Issue 14
THE GTA’S GREATEST
CONDO home show BY LIBERTY DEVELOPMENT
10 MODELS FOR VIEWING INSIDE INSIDE THIS THIS ISSUE
THE 10 COMMANDMENTS WHYQUI FOREIGN INVESTORSLAB IUMBRING CORUM VOLORER OBIS AUT ODIS EX ACES COTTAGE QUISQUIS OF MOVING DAY LOVE CANADIAN REAL ESTATE IAEPERO INCTUR PLIQUAS VOLO IUR REM QUI CUSA QUE TO NUSTHE ODIT STYLE CITY
The Queen West Effect. From Vogue and The New York Times to the Lonely Planet, Queen West’s cool has officially become universal. #yass
SQ2 : A WORLD CLASS COMMUNITY Stretching 5.6 kilometres, Queen West is a patchwork of urban pathways connecting neighbourhood folk and friends from abroad to a heaping platter of diversity, culture, colour and creativity. LIVE EN ROUTE When you need to get around or outof-town, Queen West offers connection at all corners. From subway stops to the streetcar, travelling afar or a few blocks has never been so convenient. WEST OF EXPECTATION it’s along Queen Street West where the fashion-forward can find a pair of vintage levis, the latest look in espadrille sandals and the perfect lamp for an office den.
Pick up your SQ Magazine at the TRIDEL STORE at 519 Queen Street West.
tridel.com
SALES CENTRE GRAND OPENING
DIAMONDS ARE FOREVER JUST LIKE OUR VIEWS
COMING SOON, BRILLIANT LIVING AT AVENUE & ST. CLAIR FROM THE $300’S Blue Diamond at Imperial Plaza, a new 26-storey tower in the dazzling Forest Hill neighbourhood, brings new intensity to condominium luxury. Sublime amenities, superlative finishes and Toronto’s most radiant views. Experience the brilliance.
VISIT US TODAY SALES CENTRE: 1499 YONGE ST. (N OF ST. CLAIR)
BLUEDIAMONDCONDOS.CA | 416-925-2501 FO L LOW U S :
@CAMROST
C A M R O S T F E LCO R P
PRICES AND SPECIFICATIONS SUBJECT TO CHANGE. IMAGES ARE ARTIST CONCEPT. ERRORS AND OMISSIONS EXCEPTED. BROKERS PROTECTED
EDITOR’S NOTE
THINK YOU CAN’T AFFORD A HOME? THINK AGAIN.
SUSAN LEGGE Editor-in-chief
Susan.Legge@ypnexthome.ca Follow me on Twitter at Twitter.com/SusanLegge Like us on Facebook Search: Condo Guide
Much like that bank commercial that says, “You’re richer than you think,” a new home may be more affordable than you originally thought. Perhaps you need only to change your definition of “home” to get into the market. While a detached home is the traditional choice for many, highrise and lowrise suites, lofts and townhomes have become a prime choice among first-time buyers and empty nesters in the market for new place to call “home.” Not only do townhomes and condos afford you the opportunity to live in a prime neighbourhood at a great starting price, but when it’s time to up-size your home, you can often opt to remain in the same neighbourhood, which isn’t always the case for buyers in the single-detached market. Today’s communities generally have a range of sizes and prices that start at the “affordable” end of the spectrum. Many builders and developers are celebrating grand openings and have new communities available for quick occupancy. It’s an exciting time to be shopping for a new place, so don’t miss this excellent buying opportunity. Have a look through this issue and see what you think. The home of your dreams is waiting.
HOMEWORK FOR THE HOME HUNT
LYDIA MCNUTT Editor
Lydia.McNutt@ypnexthome.ca Follow me on Twitter at Twitter.com/LydiasTweets
2 NEW CONDO GUIDE JUL 4 - AUG 1, 2015
A home is one of the biggest financial investments you’ll make in your lifetime, so it’s understandably intimidating for first-time buyers. But it doesn’t have to be. Get some professional help to ease the stress. Start the process by speaking with a financial adviser to determine how much home you can realistically afford. This does not necessarily mean spending the amount you get pre-approved for by your bank or mortgage broker. If you enjoy dinners out or travels abroad, factor your lifestyle into the budget. Next, think “location.” Where you choose to settle down will impact your lifestyle while you live there, and it will also affect the resale value if you ever choose to sell. Condos are king across the GTA, from central downtown locations to the suburbs, so the pickings are plentiful. Again, factor lifestyle into your decision. Do you rely on public transit to get around? Do you wish for greenspace nearby? Perhaps you’d like to live close to family, or your workplace. Choose wisely – while you can change the look and layout of your home relatively easily, you can’t change its location. And speaking of layout, study the floor plans and tour the model suites to evaluate the flow of space. If the layout doesn’t suit your lifestyle, either keep looking, or see if changes can be made. The beautiful thing about buying preconstruction is that your suite hasn’t been built yet, which means your preferences can often be built right in. There are many more advantages to living in a brand new home. Read on and discover everything that new condo living has to offer!
OWN A SUITE IN YORKVILLE FOR JUST
10% DOWN *
FOR A LIMITED TIME, YOU CAN PURCHASE ANY ONE BEDROOM UNIT FOR ONLY 10% DOWN*.
CONDOMINIUM RESIDENCES AT YORKVILLE & YONGE STEPS TO SUBWAY AND PATH SUITES STARTING FROM $408,000
1YORKVILLE.CA
PRESENTATION LOUNGE 162 CUMBERLAND ST. (416) 519-2911
@BazisInc
PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. E. & O.E. RENDERING IS ARTIST’S CONCEPT ONLY. *SEE SALES REPRESENTATIVE FOR DETAILS
JUL 4 - AUG 1, 2015 NEW CONDO GUIDE 3
NEW CONDO GUIDE
CONTRIBUTORS PRESIDENT, YELLOW PAGES NEXTHOME
Jacqueline Hill EDITOR-IN-CHIEF / DIRECTOR OF CONTENT
Susan Legge DIRECTOR OF SALES
Moe Lalani ASSOCIATE PUBLISHER SWO NEW HOMES
Susan Maxwell ART DIRECTOR
Daiana Garay 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, principal designer of the award-winning Toronto Interior Design Group (tidg.ca), and regular guest expert on City’s Cityline. Check out Yanic’s accessory line, Yanic Simard Selected, online at ysselected.com
Wayne Karl Elisa Krovblit Sara Duck (on leave) DESIGN EDITOR
Yanic Simard
SENIOR SALES MANAGER
Conni Robinson SENIOR ACCOUNT EXECUTIVES
Dionne Fraser dionne.fraser@ypnexthome.ca Nina Downs nina.downs@ypnexthome.ca
SALES & MARKETING CO-ORDINATOR
Terry Bassett ADMINISTRATIVE ASSISTANT
Antoinette Jackson NATIONAL CIRCULATION MANAGER
John Jenkins PRODUCTION MANAGER
CONDO PRO
STAT CHAT
Barbara Lawlor
Ben Myers
Barbara Lawlor is president and CEO of Baker Real Estate Inc., and an in-demand columnist and speaker. A member of the Baker team since 1993, Barbara oversees the marketing and sale of condo developments in the GTA and overseas.
Ben Myers is senior vice-president of Market Research and Analytics at Fortress Real Developments. Follow his blog posts and commentary on the Canadian housing market at fortressrealdevelopments.com/ news or follow him on twitter at @BenMyers29
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
Bala Gnanapandithan PRODUCTION CO-ORDINATOR
Sandra Hanak-Vujnovic GRAPHIC DESIGNERS
Viosa Barileva, Miguel Cea, Hannah Yarkony Sandra Hanak-Vujnovic, Mike Terentiev
#500-401 The West Mall Etobicoke, ON M9C 5J5 T 416.626.4200 F 416.784.5867 ypnexthome.ca 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 2015 All rights reserved by Yellow Pages Homes Limited. Reproduction in any form is prohibited. Contents of this publication are covered by copyright and offenders will be prosecuted under the law. TERMS Advertisers, editorial content and New Condo Guide are not responsible for typographical errors, mistakes or misprints. All prices are correct as of press time and are subject to change without notice. E. & O. E. EDITORIAL Submissions from interested parties will be considered. Email to susan.legge@ypnexthome.ca. The views and data expressed by columnists do not necessarily represent those of the publication. ADVERTISING
MAKE YOUR MOVE
MORTGAGE ADVICE
Chuck Resnick
Alyssa Richard
Chuck Resnick is vice-president of marketing and operations for Two Men And a Truck - Canada, a division of Heron Capital Corp. Visit online at twomen.ca or call 416.204.0007.
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.
4 NEW CONDO GUIDE JUL 4 - AUG 1, 2015
FUNDAMENTALLY SPEAKING
Wayne Karl
Wayne Karl is an awardwinning writer and editor with experience in real estate and business. Email him at Wayne.Karl@ypnexthome.ca or follow him on Twitter at Twitter.com/WayneKarl
Please recycle this magazine! Yellow Pages NextHome participates in the Partners in Growth Reforestation Program through St. Joseph Communications. To date, Partners in Growth has planted over 2.5 million trees in parks, recreation and conservation areas, and other public spaces across Canada. Established in 1990, this program was started with Scouts Canada to help replenish the environment.
JUL 4 - AUG 1, 2015 NEW CONDO GUIDE 5
URBAN LUXURY REIMAGINED
A condominium that lets you indulge all your senses. Magnificent suites with panoramic views and luxurious amenities designed to let you live life to the fullest. Luxury Condos from $229,990. PR ESEN TATIO N G A LLERY OA K V IL L E K ER R ST. & SHEPHER D R D. 9 0 5 8 45 7246 EM PIR ESENSES.CO M
Live more at empirecommunities.com Prices, sizes and specifications are subject to change without notice. Please see sales representative for full details. Rendering is artist’s concept. Exclusive listing brokerage TFN Realty Inc. Brokers Protected. E.&O.E. 6 NEW CONDO GUIDE JUL 4 - AUG 1, 2015
For over 20 years, Empire Communities has been at the forefront of creating award-winning urban condominiums in prime GTA locations. With iconic architecture, elegant interiors and vibrant amenities, an Empire condominium offers an extraordinary fusion of luxury and style.
Own a piece of Toronto’s Waterfront with breathtaking, water-facing vistas and unrivaled resort inspired amenities. Luxury waterfront living from the mid $300’s. PR ESEN TATIO N G A LLERY TO RO N TO 2183 L A K E SH O R E B LV D. WEST 416 503 3328 E AU D USO L EILCO ND OS.CO M
JUL 4 - AUG 1, 2015 NEW CONDO GUIDE 7
INTRODUCING THE
SOUTH TOWER AT CITYLIGHTS
REGISTER NOW
REGISTER NOW FOR THE EXCITING SECOND TOWER WITH NEW SUITE DESIGNS, AT YONGE & EGLINTON FROM $199,990 Following the spectacular success of CityLights’ North Tower we are now introducing the South Tower with gorgeous panoramic views, magnificent amenities and modern urban suites, just steps to all the excitement and energy of the neighbourhood.
CityLightsCondos.ca • 416.546.6605 Exclusive Listing Brokerages: Circle M Realty Corporation, Brokerage and Milborne Real Estate Inc. Brokers Protected. Prices and specifications are subject to change without notice. Illustration is artist’s concept E.&O.E JUL 4 - AUG 1, 2015 NEW CONDO GUIDE 8
NOW UNDER CONSTRUCTION! THREE WAYS TO SAVE UP TO $15,000** FOR A LIMITED TIME ONLY, MISSISSAUGA’S HIGHLY SUCCESSFUL MASTER-PLANNED URBAN COMMUNITY IS NOW EVEN GREATER VALUE! LOCATED JUST STEPS TO VIBRANT ERIN MILLS TOWN CENTRE WITH OVER 180 SHOPS, DINING AND SERVICES. LIVE NEAR EXISTING PARKS, TRAILS, PUBLIC TRANSIT AND SCHOOLS. DOWNTOWN ERIN MILLS OFFERS A FINE COLLECTION OF CONDOMINIUM DESIGNS WITH OUTSTANDING FINISHES AND INSPIRED AMENITIES.
Erin Centre Blvd.
Credit Valley Rd.
Hwy. 403
Mississauga Rd.
Erin Mills Pkwy.
Metcalfe Ave.
Glen Erin Dr.
Winston Churchill Blvd.
Eglinton Ave. W.
MISSISSAUGA’S MOST STYLISH ADDRESS FROM THE $300’s 905.603.6300 PEMBERTONGROUP.COM SALES CENTRE: 4635 METCALFE AVE. HOURS: MON. - THURS. 12-7 PM, SAT. & SUN. 12-6 PM, FRI. CLOSED
*SEE A SALES REPRESENTATIVE FOR DETAILS. EXCLUSIVE LISTING BROKERAGE CIRCLE M REALTY CORPORATION. PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. ILLUSTRATION IS ARTIST’S CONCEPT E.&O.E. **VALID ON 1 BEDROOM SUITES ONLY.
JUL 4 - AUG 1, 2015 NEW CONDO GUIDE 9
CONTENTS
JULY 4 – AUGUST 1, 2015
VOLUME 19
ISSUE 14
COVER STORY
Development 20 Liberty launches The GTA’s Greatest Condo
Home Show website, condohomeshow.ca
COLUMNS / NEWS / FEATURES 2
Editor’s Note
4
Contributors
12 BILD Report Building communities where people play by Bryan Tuckey
14 Home Sweet Home An affordable alternative to the GTA’s detached dilemma by Lydia McNutt
16 Condo Pro Live the vacation lifestyle, all year round by Barbara Lawlor 10 NEW CONDO GUIDE JUL 4 - AUG 1, 2015
18 In The News Lanterra Developments welcomes you to Toronto’s next great park
38 Make Your Move Ten commandments and one golden rule
32 In The News Gibson Square now home to a beautifully landscaped park and garden
42 Q&A Making tracks in Midtown: We chat with Capital Developments’ Todd Cowan
33 Investor Advice Risks and rewards of buying pre-construction by Andrew la Fleur
34 Homebuyers’ Help Buyers of condo conversions beware by Wayne Karl
by Chuck Resnick
by Lydia McNutt
44 Mortgage Advice What first-time homebuyers need to know before getting a mortgage by Alyssa Richard
46 In The News Price gap between lowrise and highrise continues to widen by Lydia McNutt
48 Stat Chat Record unsold condo units? There’s more to that story by Ben Myers
49 Legally Speaking Why foreign investors love Canadian real estate by Jayson Schwarz with files from Evonne Finnegan LLB and Ernest Wong LLB
64 Tarion Report Common concerns of new-home owners by Howard Bogach
68 In The News Emerald City unveils pencilcrayon inspired art by Sonia Bell
70 In The News $60K – what Canadians pay in mortgage interest by Wayne Karl
74 In The News Canadians choose the cottage over city getaway by Olivia Bowden
78 Designer Advice Cottage country in the city by Yanic Simard
84 Homebuyers’ Help What all new home buyers need to know
92 Fundamentally Speaking Toronto’s SmartTrack transit gets a big boost with federal funding by Wayne Karl
96 In The News Your custom lifestyle awaits at Barrington condominium flats 104 Condo Watch 905 Previews, new releases and grand openings in the 905 106 In The News Empire Communities reaches new heights at Rain Condos in Oakville
88 Condo Watch 416 Previews, new releases and grand openings in the 416
108 Neighbourhood Profile Inside Mississauga City Centre
90 In The News Sail Condominiums launching soon at Victoria Park and Sheppard Avenues
113 Condo Buyers’ Resource Section
by Lydia McNutt
118 Advertiser Index
CONDO PROFILES
66 GERANIUM HOMES Pace on Main Inspired condo living in downtown Stouffville
76 BROOKFIELD RESIDENTIAL The Arbors Condos Coming this fall, register now for A-list access
JUL 4 - AUG 1, 2015 NEW CONDO GUIDE 11
BILD REPORT
Building communities where people play By Bryan Tuckey
I
n every complete community, there are special places where people play. Whether it’s a trail system to cycle on, parks where children run and climb or recreation centres that allow a range of activities for all ages – these spaces are major hubs and often the heart of their communities. Let’s take a look at places where people play and explain that many come as a result of newly built communities. There is a common misconception that new parks, trails and recreation centres are paid for by current residents through their property taxes. However, in most cases across the GTA, that’s just not true. They are often funded through development charges, and other government fees, paid by new-home buyers when they purchase a new home. Development charges are a tax imposed by local municipalities, as well as GO Transit and education boards, and are paid for by new-home buyers to help offset capital costs of growth-related municipal services like roads, sewers and parks. BILD advocates for fair and reasonable government fees and charges, and increased transparency and accountability around how the funds are collected and applied. The building and land development industry also designs and builds, and in some cases pays for, play spaces for people to enjoy in the communities that are constructing. For example, The Daniels Corporation’s City of the Arts project on Toronto’s waterfront will feature new arts and cultural spaces for businesses and non-profit organizations, as well as new shops, restaurants, a new pedestrian promenade and park that will provide a public gathering space for markets, festivals and more.
12 NEW CONDO GUIDE JUL 4 - AUG 1, 2015
Committing space and dollars to recreational projects is not confined to the city core. In the western GTA, the Town of Milton is now home to the new Mattamy National Cycling Centre and it’s one of two internationally sanctioned timber tracks in Canada. The track will first be used as a venue during the Toronto 2015 Pan Am Games and then open for public use. The capital costs for the facility were primarily funded through development charges, federal grants and private donations, including a $2 million donation by Mattamy Homes. Specifically, about 25 per cent of the $56-million project budget came from development charges generated by new-home buyers, Mattamy Homes and other local developers and builders.
Bryan Tuckey is president and CEO of the Building Industry and Land Development Association and a land-use planner who has worked for municipal, regional and provincial governments. Follow him on Twitter @bildgta, facebook.com/bildgta and bildblogs.ca
GOLD WINNER
INTERNATIONAL COMMUNITY OF THE YEAR BY THE NORTH AMERICAN HOME BUILDERS ASSOCIATION
80% SOLD
WHERE EAST MEETS WEST
SALES CENTRE
YONGE ST.
In the heart of the city, in the midst of it all, a new spirit rises. TeaHouse 2 is the next phase of the award-winning condominium development that is re-imagining urban living with a distinctly Asian flair. Inspired by the cultures and traditions of the east, fashioned for modern life in cosmopolitan Toronto – welcome to your world in perfect harmony.
WELLESLEY ST.
BAY ST.
ASIAN INSPIRED CITY LIVING AT 501 YONGE FROM $280,900 VISIT THE NEW SALES CENTRE LOCATED AT 925 BAY ST.
BREADALBANE ST.
GROSVENOR ST.
SITE
CARLTON ST.
TEAHOUSECONDOS.COM 416.861.1111 New Sales Centre | 925 Bay St. at Wellesley Mon – Thurs: 12pm – 6pm, Sat & Sun: 12pm – 5pm, Friday & Holidays: Closed | Site Located at 501 Yonge St. 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.
JUL 4 - AUG 1, 2015 NEW CONDO GUIDE 13
HOME SWEET HOME
An affordable alternative to the GTA’s detached dilemma By Lydia McNutt
H
ouses in Toronto and Vancouver have become very expensive, and according to RBC’s latest Housing Trends and Affordability Report – or ‘Unaffordability Report,’ as of late – prices for singledetached homes in these markets continued on their upward trajectory through the first quarter of 2015, with no end in sight. But that’s not the case across the map or for all housing types. The trend? The hotter the market, the cooler the affordability rating. Albertans, Quebecers and Maritimers are faring better than Ontarians and our west-coast counterparts. So are condo buyers, including those in Canada’s hottest markets. The ups and downs There were two big stories that dominated the headlines with a ripple effect on the housing market: “Oil prices hit the floor” and “Mortgage rates reach record lows.” The oil slump softened home prices and eased affordability in oil-producing provinces, particularly in Edmonton and Calgary, says Craig Wright, senior vicepresident and chief economist at RBC. Low lending rates coupled with lower prices are making these markets a buyer’s paradise. Meanwhile, in Toronto and Vancouver which are showing strong price gains, affordability took a hit as a result of increased activity and high demand due, in part, to low lending rates. RBC expects an eventual normalization of monetary policy, starting in Q2 of 2016, which means costs will rise and the affordability rating will continue to fall. Affordability in Ontario RBC’s housing affordability index captures the proportion of pre-tax household income required to own and operate a home at current market value. The greater the measure, the worse the affordability. For example, a measure of 50 per cent means owning a home – including mortgage payments, utilities and property taxes – will eat up 50 per cent of a typical household’s pre-tax income. The higher the measure, the worse the affordability. In Ontario, the measure for bungalows and two-storey homes rose by 0.3 percentage points to 45.5 and 51.7 per cent, respectively. Condos dropped by 0.2 percentage points, to a much more affordable 28.9 per cent. Translation: Owning a two-storey home in our province will eat up 51.7 per cent of your budget. According to Canada Mortgage and Housing Corp., 14 NEW CONDO GUIDE JUL 4 - AUG 1, 2015
Affordability Rule #1 is that your monthly housing costs shouldn’t exceed 32 per cent of your gross monthly income. RBC attributes the affordability gap to the increase in multi-unit construction, “with about half as many single-family homes being built compared to 10 years ago. The relative scarcity of single-family homes in the face of growing demand, therefore, has fuelled stronger price increases compared to the well supplied condo segment.” An affordable alternative With lending rates expected to rise and single-detached homes “inching towards risky levels,” as RBC notes in its report, what does this mean for homebuyers in Toronto? You’d be wise to buy now, while you still can. And with an affordability rating of 28.9 per cent, condos provide a viable, affordable alternative to the over-priced, overcoveted and increasingly out-ofreach single-detached.
Lydia McNutt is an award-winning writer and editor of New Condo Guide. Lydia’s love of architecture, interior design and the written word have landed her happily at home at Yellow Pages NextHome, where real estate rules. Email Lydia.McNutt@ypnexthome.ca, and follow her on Twitter @LydiasTweets
Uplifting news from Monarch.
Waterscapes | Ready Now Etobicoke Waterfront Move In Now Only 3 Suites Left! Up to $30,000 Move-in Bonus* 1 bed+den from the $400,000’s 2 bed+den from the high $1,100,000’s
Actual View from Waterscapes
Lago | Ready 2016 Etobicoke Waterfront Under Construction Up to $35,000 Move-in Bonus* Size from 424 sq.ft. from the mid $200,000’s
Picasso | Ready 2016 Downtown Toronto Under Construction 2 years free maintenance fees* and 1% off* Size from 844 sq.ft. from the $500,000’s By Appointment: 416-495-3549
Park Lawn Rd.
GARDINER EXPRESSWAY
416-495-3544
Lake Shore Blvd. W
Sales Centre Marine Parade Dr. Lake Ontario
discover more
MonarchGroup.net *Limited time offer, some conditions apply. Please ask a sales representative for details. 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. June 2015.
PRESENTATION CENTRE: 2167 Lake Shore Blvd. W. Etobicoke, ON
HOURS: Monday - Thursday: 12 - 6pm Weekends & Holidays: 12 - 5pm Closed Friday
RIVA IS RISING! Now Under Construction
Hurry in for our Celebration Incentives!
Riva del Lago is now under construction! To celebrate, visit the Presentation Centre today where you can receive up to $35,000 Move-in Bonus* along with FREE parking and locker.
Waterfront Boutique Condos from the $300,000’s
Riva del Lago Sales Centre: 2167 Lake Shore Blvd. W. Etobicoke Mon - Thurs: 12pm – 6pm, Weekends & Hol: 12pm – 5pm, Closed on Fri. 416.495.3544
GARDINER EXPRESSWAY Park Lawn Rd.
WE ARE NOW UNDER CONSTRUCTION
Lake Shore Blvd. W
Sales Centre Marine Parade Dr.
discover more
MonarchGroup.net *Limited time offer. Prices, specification and promotions are subject to change without notice. Renderings are artist’s concept and images are for mood and impression only. E.&O.E. June 2015.
Lake Ontario
ARRIVING THIS FALL!
THE EVOLUTION OF ART, CULTURE, INNOVATION & LIFE. INTRODUCING...
DANIELS IS CHANGING THE
WATERFRONT
FOREVER
An icon of the past gives way to a landmark of the future on Toronto’s Waterfront. This fall, The Daniels Corporation will unveil Lighthouse Tower at Daniels Waterfront – City of the Arts, a master-planned, mixeduse community surrounded by creativity, inspired by arts and culture, and driven by innovation. This visionary gateway to the East Bayfront, where Lower Jarvis meets Queens Quay, will introduce a new era of living, offering residents panoramic lake and city views, exceptional amenities, luxurious suites, and endless conveniences at your doorstep, including Sugar Beach North, a beautiful promenade featuring retail and public art, linking to Canada’s iconic sandy Sugar Beach to the south.
SUITES FROM $279,900 INER
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RVIS ST
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ENS
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G YON
RVIS
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Get an inside look at an artsEXPY INER GARD inspired life on the waterfront. E D LV RE B R SHO SHO LAKE LAKE Visit our presentation centre for a sneak peek!
EXPY
YE QUA
ENS
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LAKE ONTARIO
LAK ONT
REGISTER NOW! DANIELSWATERFRONT.COM 416.221.3939 INER
GARD
EXPY LAKE
LVD
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T ON S ARDS RICH
RVIS
ER JA LOW ST
G YON E ST
ENS
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LAKE ONTARIO
PRESENTATION CENTRE: 162 Queens Quay East Exclusive Listing: CityLife Realty Ltd. Brokerage. Brokers Protected. Illustrations are artist’s concept. Prices and specifications are subject to change without notice. E.&.O.E. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without prior written permission of The Daniels Corporation, is strictly prohibited.
Mon to Thurs: 11am-7pm, Weekends & Holidays: 12pm-6pm, Fridays: closed JUL 4 - AUG 1, 2015 NEW CONDO GUIDE 15
CONDO PRO
Live the vacation lifestyle, all year round By Barbara Lawlor
I
f buying and maintaining a cottage or vacation property outside of the GTA is financially and physically out of the question, consider purchasing a condominium instead. Yes, a condo can serve as a wonderful second home, whether it is nestled adjacent to a lake or golf course, or in an urban setting. Use it as a pièd-a-terre for special times with family and friends, minus the worry and hassle of maintaining the property and its amenities. And oh, the amenities! In addition to being the affordable choice in real estate, today’s new condos offer magnificent extensions of your living space in the forms of fitness facilities, theatres, party rooms, landscaped terraces, indoor and/or outdoor pools, games rooms. You get the beautiful picture. And remember that even if you purchase a compact suite, you have equal access to these common areas as the penthouse dwellers. Imagine being able to host a baby or wedding shower, birthday or anniversary party, or any other celebration in a glorious multi-purpose room right under your roof. There is no need to plan space for exercise equipment in your suite, when professional machines and aerobics/yoga/Pilates spaces are but an elevator ride away. Most condos even have a guest suite if you invite family or friends to stay over. Vacation mentality reigns in the spectacular rooftop terraces many buildings feature nowadays. These urban oases can include anything from pools to outdoor kitchens, lounge chairs, cabanas, barbecues, dining areas, trellises, water features and more. Standing on a condo rooftop looking out over a lake, golf course, forested area, people bustling in and out of stores and restaurants, or brilliant city lights is magical. Taking resort-style living to an all-time high, you might even choose a condo atop a five-star hotel as your vacation home base. How luxurious it is to tap into hotel amenities such as food delivery, valet, turn-down service, etc. from your own home! Where to look for a condo? You will find condominiums going up close to highways and public transportation routes, which means they are likely a lot easier to get to than fighting cottage and airport traffic throughout the seasons. Once you are at your condo, chances are, you will be able to walk to the very attractions that attract you, whether they involve playing a round of golf, sailing into the sunset, or indulging in dinner and a show in downtown Toronto. At the most, these fabulous venues are a quick cab or subway ride away. Think of a condo as your home base for fun. The condo you select can also be a great home base for your furry friends, and let’s face it – many people consider their pets part of the family and would not consider holidaying without them. Most condominiums are situated close to parks and green spaces where you can take your dog for walks, and many even offer pet grooming rooms and spas among their amenities. It’s great to clean off your pet’s paws before entering your suite. You can own the luxury of a condo for affordable prices, which is especially important if this is your second residence. Check out what a detached home anywhere in the GTA, a cottage in Muskoka, a residence on the beach in 16 NEW CONDO GUIDE JUL 4 - AUG 1, 2015
Taking resort-style living to an all-time high, you might even choose a condo atop a fivestar hotel as your vacation home base Florida or a ski chalet in Whistler would cost you. Best of all, a condo in the GTA affords you more opportunity to enjoy whatever leisure time you have, rather than eating it up with traveling, mowing lawns, shoveling snow, cleaning pools, etc. It’s the perfect vacation property!
Barbara Lawlor is president and CEO of Baker Real Estate Inc., and an in-demand columnist and speaker. A member of the Baker team since 1993, Barbara oversees the marketing and sale of condominium developments in the GTA and overseas.
Model Suite Photo Compliments of Monarch Corporation.
www.monarchgroup.net
Riva del Lago model vignette. Resort style living at Monarch’s Etobicoke waterfront community.
JULY2015
Monarch Corporation has been featured as “MODEL SUITE OF THE MONTH” as seen in the New Condo Guide model suite calendar
IN THE NEWS
Lanterra Developments welcomes you to Toronto’s next great park NEW 1.5-ACRE PARK AT 11 WELLESLEY GROWS FROM DREAM TO REALITY
K
nown as one of Toronto’s most prolific condominium developers, Lanterra Developments has created some of the city’s most iconic buildings including Ice Condos, Maple Leaf Square and the Toy Factory Lofts. But their latest project, 11 Wellesley on the Park, is redefining downtown living with a bit of colour – green to be exact. Located in the heart of Toronto’s Bay Yonge Wellesley District, Lanterra teamed up with Toronto City Councillor Kristyn Wong-Tam and local residents on a unique development agreement that allowed for the creation of a 1.5-acre urban public park at the base of 11 Wellesley – a striking new 60-storey tower designed by KPMB Architects and Page + Steele/IBI Group Architects. Prior to the Lanterra acquisition, the site on Wellesley between Yonge and Bay was the focus of tremendous effort by local residents and politicians who advocated for the vacant lot be dedicated as park land. As a result of the unique development agreement, Lanterra was able to utilize a small portion of the site for its condo tower while allocating the majority of the land into a lush, urban green space. The result? The best of all worlds – a satisfied developer, happy councillor and thrilled community. “The ability to deliver a park of this magnitude in the heart of the city is a rare victory,” says Barry Fenton, president and CEO of Lanterra Developments. “Working hand-in-hand with the local community and City staff, we were able to create what will one day be the crown jewel of this exciting neighbourhood and the downtown core.” The recent start of construction at 11 Wellesley marks the first step toward realizing the park as it embarks on the design process, which will feature input from the developer, its landscape architecture firm NAK Design Group, as well as the councillor’s office and local stakeholders. Once complete, the urban park will feature an elegant public promenade and beautifully landscaped pathways surrounded by flower gardens and open lawn space. Ground-floor retail will animate the space and create a harmonious relationship between the park and the building. Launched in early 2013, 11 Wellesley was one of the most successful condos of the year. Its distinct exterior 18 NEW CONDO GUIDE JUL 4 - AUG 1, 2015
boasts curved corners and a series of sloping balconies that gracefully transition to the space below. From above, residents will enjoy one-of-a-kind views of the park and open sightlines to the city. With interior designs by Munge Leung, each of the 739 suites will feature open-concept layouts with organic finishes and access to the uniquely curved balconies or terraces. 11 Wellesley on the Park offers a wide variety of suite layouts, ranging from a functional 300-sq.-ft. studio to a spacious 924-sq.-ft. two-bedroom-plus-den design. In addition to the inviting park right outside their doors and the endless entertainment options along Yonge Street, residents at 11 Wellesley on the Park will enjoy access to an abundance of amenities including a fitness centre complete with a yoga and aerobics studio, a spa facility with dry sauna and steam rooms, an indoor pool, and a pet spa to name just a few. “11 Wellesley on the Park sets a new standard for downtown living,” adds Mark Mandelbaum, Lanterra Developments’ chairman. “Its striking design, modern interiors, upscale amenities, and access to a notable greenspace has left other buildings envious and made potential buyers take notice.” For your chance to live the park life, visit the presentation centre at 925 Bay St., or go to 11wellesley.com
LIVE IN A MODERN DAY MASTERPIECE THE BELVEDERE 2002 sq.ft. | 2 bedroom + den Starting from $1,591,900 (includes parking) Magnificent views of the river and waterfall
BONUS PACKAGE 1 Additional FREE Parking Space 2 FREE Storage Lockers $2,000 Gift Card at the Old Mill Inn & Spa
BALCONY
ONLY 3 SUITES REMAIN! BUY WITH JUST 5% DEPOSIT*
14’-3”
DEN/ FAMILY ROOM
An aristocratic residence on the banks of the Humber River where history and nature co-exist in harmony. Magnificent suites with grand interiors, gourmet kitchens and luxurious ensuites. Gorgeous amenities include the sophisticated lobby, indoor pool, terrace, party room with caterer’s kitchen, fireplace lounge, exercise, steam and change rooms.
LIVING
8’-0”
10’-11”
CONDOMINIUM COMPLETED AND REGISTERED - MOVE IN NOW 23’-2” POWDER
DINING
CLOSET 15’-10”
FOYER
FRIDGE
PANTRY
INDOWS AT D FLOOR ONLY
CLOSET FOYER
OVEN
W.I.C.
LINEN
11’-2”
W
LAUNDRY
D
13’-0”
ENSUITE
CLOSET
13’-2”
CLOSET
CLOSET
KITCHEN
13’-3”
CLOSET
10’-4” MASTER BEDROOM
ENSUITE 14’-2”
9’-11”
SITE 2nd - 7th Floor
RD. ILL DM OL OLD MILL INN
JANE STREET
03
OLD MILL DRIVE
BEDROOM
BLOOR STREET WEST
JANE STREET
SITE
RD. ILL DM OL OLD MILL INN
OLD MILL DRIVE
BLOOR STREET WEST
30 OLD MILL ROAD, TORONTO MONDAY - WEDNESDAY: 12PM - 6PM SATURDAY & SUNDAY: 12PM – 5PM, THURSDAY, FRIDAY & HOLIDAYS: CLOSED
416.766.7343 www.riverhousecondos.ca
*Deposit structure: $5000 with the offer, balance to 5% in 30 days, balance on closing. *Please speak to Sales Representative for full details. Exclusive Listing Broker Milborne Real Estate Inc. Brokers Protected. Marketing Management by Anne Lambrou Living Visions Inc. Prices and specifications subject to change without notice. Promotions may be changed and/or cancelled at any time without notice. Gift Card for The Old Mill Inn & Spa may be limited to specific services. Illustrations are artist’s concept. E.&O.E.
JUL 4 - AUG 1, 2015 NEW CONDO GUIDE 19
COVER STORY
Designer Model Suite at Royal Gardens by Liberty Development
Liberty Development launches The GTA’s Greatest Condo Home Show website CONDOHOMESHOW.CA OFFERS PURCHASERS A SECOND CHANCE AT THEIR FIRST CHOICE
LIBERTY DEVELOPMENT IS AMONG the leading developers of new condominium communities in the GTA, with multiple industry awards, and thousands of pre-construction sales. Liberty’s buyers have seen the benefits of buying brand new while enjoying the security and peace of mind that builder warranties and Tarion certification provides. However, while Liberty continues to enjoy record sales figures for pre-construction units, the developer recognizes that some of today’s 20 NEW CONDO GUIDE JUL 4 - AUG 1, 2015
potential buyers looking for shorter occupancy schedules remain reluctant to buy. These buyers often see the resale marketplace as their only option, despite knowing that with resale, they sacrifice the consumer protections available only through builder sales. “Unfortunately, there are still some potential buyers looking for immediate occupancy that are willing to risk the protections that come with buying direct from the developer,” says Marco Filice, senior vice-president and general counsel at Liberty Development. “We believe that those seeking immediate gratification – the ability to buy and move into their new homes within days – shouldn’t be forced into the secondary market to find satisfaction. “Liberty is in the unique position of having a variety of prime suites – ready for immediate occupancy – in some of the GTA’s most desirable locations. Brand new, never occupied residences that offer the protections and warranties buyers deserve.”
With an unparalleled selection of move-in ready product at its World on Yonge, Royal Gardens, and Terrace on Danforth communities, Liberty is making the process for those ready to move even easier by introducing a unique, web-based platform, called The GTA’s Greatest Condo Home Show (condohomeshow.ca). A content rich, multi-media website for new homebuyers and sales agents alike, The GTA’s Greatest Condo Home Show allows potential buyers to ‘virtually’ visit a range of Liberty developed condos, all ready for occupancy. With easy navigation, the userfriendly site acts as a ‘virtual’ sales centre, giving visitors an intimate glimpse into their future home. With actual photos and video clips, The GTA’s Greatest Condo Home Show offers potential buyers all the information they may need, including suite sizes, layouts, pricing data and incentive or promotional information, combined with real-time capabilities to book an appointment with a trained sales professional. “Move-in ready suites were the condo industry’s best kept secret, until now,” says Jeanne Kim, a sales associate at Liberty’s award-winning World on Yonge site. “With Liberty’s new site, the secret is getting out! “Those of us in the condo sales industry know that there’s a segment of the market that wants to touch and feel the product, negotiate their purchase, and occupy right away. They also want to enjoy full new home warranty protections. For this type of buyer, The GTA’s Greatest Condo Home Show represents a tremendous opportunity.” Pointing to World on Yonge, Jeanne Kim explains that while construction is finished “there are still a handful of amazing suites to buy. Through the Condo Home Show, interested purchasers will be able
Visit condohomeshow.ca for more information on Liberty Development’s ‘move-in ready’ suites to virtually tour the community, connect with a sales representative, buy and move in… within days!” With a large selection of move-in-ready Liberty Development condo suites on the website, visitors to condohomeshow.ca will be provided with a wealth of information upfront. Upon making an inquiry or booking a showing, Liberty intends to have a dedicated senior sales agent respond within hours, ready to help buyers purchase their new home immediately. “Liberty Development is committed to helping individual buyers and agents succeed,” says Anita Woo, broker of record of City Plus Realty Inc. Brokerage. “Their new website delivers electronic registrations and booking requests directly to their experienced sales agents, provides detailed suite information to customers within hours, and offers customized appointments.” To help celebrate the launch of The GTA’s Greatest Condo Home Show, Liberty Development will offer $500 toward moving truck expenses to the first 10 purchasers who use the site.
For more information on Liberty Development’s ‘move-in ready’ suites at World on Yonge, Royal Gardens, and Terrace on Danforth, visit condohomeshow.ca
Model Suite at Parkside Towers, B1/B2 at World on Yonge by Liberty Development
Designer Model Suite at Terrace on Danforth by Liberty Development
JUL 4 - AUG 1, 2015 NEW CONDO GUIDE 21
SEEING IS BELIEVING AT DANIELS HIGHPARK! COME EXPLORE OUR DESIGNER MODEL SUITES!
PH
O
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RA
PH
Y
AC OF
TU
AL
M
E OD
U LS
ITE
MOVE IN THIS YEAR!
SUITES FROM
$299,900 NEW DESIGNER MODEL SUITES NOW OPEN Explore our fully-furnished, theme-decorated suites, intended to suit a variety of lifestyles – from nature enthusiasts to world travelers, and even dog lovers! Overlooking Toronto’s largest urban park, nestled on the edge of the trendy Bloor West Village, and up the street from two TTC stations, we think you’ll find HighPark Condominiums’ smorgasbord of conveniences truly sweet! And, for a limited time only, we’re offering some pretty “suite” deals on selected suites…up to $25,000 cash back, 5% down, and a parking and locker combination for only $9,800!
$
UP TO $25,000
CASH BACK
*
BUY WITH
5%
DOWN*
PARKING & LOCKER
$9,800
*
MODEL TOURS EVERY WEDNESDAY AND SATURDAY BY APPOINTMENT ONLY!
BOOK YOUR TOUR TODAY! 416.351.1844 info@danielshighpark.com PRESENTATION CENTRE: 2150 BLOOR STREET WEST Mon, Tues and Thursday: 12-6pm | Wed: 12-8pm | Sat, Sun & Holidays: 12-5pm | Fri: Closed *The 5% deposit program, parking and locker combination, as well as cash incentives ($20,000 cash back on studio and one bedroom suites, $25,000 on one bedroom + den or larger suites) are available on selected suites for a limited time only. Other conditions may apply. See Sales Representative for full details. Exclusive Listing: City Life Realty Ltd. Brokerage. Brokers Protected. Prices and specifications are subject to change without notice. Illustrations are artist’s concepts. E. & O.E.
danielshighpark.com
24 NEW CONDO GUIDE JUL 4 - AUG 1, 2015
LOCATION IS EVERYTHING.
YONGE & BLOOR
QUEENS QUAY & SHERBOURNE
YONGE & RICHMOND
$580,000s
$320,000s
$340,000s
• Only 10% down • Direct access to subway lines • Now under contruction • Move in next year!
• Now under construction • Experience the best of city and waterfront living • OHBA High-rise of the year
• Last chance at pre-construction pricing • Steps to the PATH, Eaton Centre and subway • BILD and OHBA project of the year • Construction starts fall 2015
By appointment
For over 35 years Great Gulf has been building homes. Over 40,000 families across Ontario are now living in a Great Gulf community. Visit our sales centres today.
Illustrations are artist’s impression. Prices, sizes and specifications subject to change without notice. E.&O.E. Exclusive Listing: Backer Real Estate Incorperated, Brokerage, Brokers protected. Offers valid on select suites only and are limited time only. Offer subject to change or withdrawal without notice. See sales representative for details.
JUL 4 - AUG 1, 2015 NEW CONDO GUIDE 25
MOVE IN NOW TO YORKVILLE LUXURY
EXQUISITE GRANITE COUNTERTOP
MOVE IN NOW
STYLISH UNDER VALENCE LIGHTING
UPGRADE TO A NEW STANDARD AT CHAZ YORKVILLE, WHERE WE’VE RAISED THE BAR WITH STANDARD LUXURY APPOINTMENTS THAT TAKE SOPHISTICATED LIVING TO A NEW HIGH.
INNOVATIVE BACKSPLASH STORAGE
THE PREMIUM IN-SUITE EXPERIENCE IS ONLY MATCHED BY THE INCREDIBLE BUILDING
PREMIUM CARTIER KITCHEN
AMENITIES SUCH AS THE SPECTACULAR CHAZ CLUB ON THE 36TH AND 37TH FLOOR,
BUILT-IN CABINET FRIDGE
HOTEL-STYLE LOBBY, LANDSCAPED COURTYARD AND MORE. ADD A FANTASTIC LOCATION, STEPS TO 2 SUBWAY LINES, UNIVERSITIES, MUSEUMS, RESTAURANTS, SPAS AND SALONS. THIS IS CHAZ YORKVILLE LIVING AT ITS MOST SUBLIME.
FOR A COMPLETE LIST OF THE MANY EXCEPTIONAL STANDARD FEATURES
MODEL SUITE NOW OPEN! SOPHISTICATED YORKVILLE LIVING FROM THE $400’s CLOSING CREDIT & FURNITURE PACKAGE VALUED UP TO $35,000*
PLEASE VISIT CHAZYORKVILLE.COM DUPONT ST. YORKVILLE AVE. CHURCH ST.
CHAZYORKVILLE.COM | 416.922.0045
U OF T
YONGE ST.
MON. – THURS. & SAT. – SUN.: 12PM – 6PM, FRI & STATUTORY HOLIDAYS: CLOSED
BAY ST.
AVENUE RD.
SALES CENTRE AT 45 CHARLES ST. EAST: SUITE 203
BLOOR ST.
45 CHARLES ST. E. ISABELLA ST.
WELLESLEY ST. Exclusive Broker Baker Real Estate Inc. Brokers protected. *Speak to a sales representative for more details. Prices, promotions and specifications are subject to change without notice. E&O.E.
JUL 4 - AUG 1, 2015 NEW CONDO GUIDE 27
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29
Pure Choice. Pick your preferred destination today and MOVE IN NOW!
Pure convenience A truly exceptional place to celebrate life in the heart of Liberty Village. Live moments from the Rogers Centre and Air Canada Centre, the Martin Goodman Trail, cultural events at Harbourfront, and the King West theatre district.
Pure luxury You’re just steps from all the best amenities, shopping, transit, dining, world-class entertainment, and of course Toronto’s downtown core. The Tower is a place that welcomes you with a grand yet personal sense of home.
Pure character Be par t of this vibrant downtown neighbourhood that seamlessly combines landmark 19th century buildings with today’s finest restaurants, boutiques, enter tainment and the famous St. Lawrence Market.
Pure freedom A cornerstone in the burgeoning Fort York neighbourhood, West Harbour City offers the best that life has to offer: recreation, transportation, shopping, dinin g an d a s t unnin g p ale t t e o f exceptional lifestyle amenities.
One of Toronto’s top condominium builders with over 3,200 sales in the last three years. *Prices and specifications subject to change without notice. Plaza® and Pure Plaza® are registered trademarks of Plazacorp Urban Residential Communities and used under license. All rights reserved. E.&O.E. June 2015. 25654
30 NEW CONDO GUIDE JUL 4 - AUG 1, 2015
Pure opportunity.
PLAZA COMMUNITIES: MOVE IN NOW
King West - Building Now Registered 65, 75, 85 East Liberty St., Toronto Sales Office located at 125 Western Battery Rd. 647.341.1731 The Tower - Building Now Registered 125 Western Battery Rd., Toronto Sales Office located at 125 Western Battery Rd. 647.341.1731 York Harbour Club 35 Bastion Street & 38 Grand Magazine Street, Toronto Sales Office located at 24 Grand Magazine Street 416.214.4517 Ivory on Adelaide 400 Adelaide St. East, Toronto Sales Office located at 125 Western Battery Rd. 647.341.1731 Edge 2-6 Lisgar Street, Toronto Sales Office Located at 1151 Queen Street West 416.516.5848
NOW UNDER CONSTRUCTION
EPIC - Occupancy Date January 2015 48 Abell Street, Toronto Sales Office located at 1151 Queen Street West 416.516.5848 Musée - Occupancy Date July 2016 Pre-construction Pricing 525 Adelaide Street West, Toronto Sales Office located at 50 Wellesley St. East 416.862.0888
NOW OPEN
50 at Wellesley Station - Occupancy Date June 2017 50 Wellesley St. East, Toronto Sales Office located at 50 Wellesley St. East 416.862.0888 1 Yorkville - Occupancy Date January 2018 1 Yorkville Ave., Toronto Sales Office located at 162 Cumberland St. 416.519.2911
COMING SOON
The Met at Vaughan Metropolitan Centre Vaughan across from the NEW TTC Subway Station Theatre District Tower on Adelaide 170 Spadina at Queen
register at pureplaza.com Presentation Centre Hours: Mon–Thurs: 12pm–6pm Fri: Closed Weekends & Holidays: 11am–5pm
Keep updated by following us:
JUL 4 - AUG 1, 2015 NEW CONDO GUIDE 31
IN THE NEWS
Gibson Square now home to a beautifully landscaped park and garden
M
enkes Developments has earned a reputation for being a leading Green developer, committed to innovative and sustainable environmental initiatives – and now, they’ve taken green building to the next level. At the corner of Yonge Street and Park Home Avenue, the award-winning developer has created a spectacular 0.75-hectare public park as part of the successful Gibson Square development. Set against the vibrancy of Yonge Street, this spectacular greenspace adds much-needed tranquility to the heart of North York. “It’s not every day that you get the opportunity to create a lush and inviting park in one of Toronto’s most sought after neighbourhoods,” says Alan Menkes, president of Highrise Residential, Menkes Developments Ltd. “We recognized how important greenspace is for urban homeowners, and working together with City staff and the local community, we managed to deliver a magnificent public space that exceeds expectations.” Designed by Sibylle von Knobloch and her team at award-winning landscape architecture firm NAK Design, Gibson Park is comprised of a parkette at the corner of Yonge and Park Home Avenue, and a larger park and garden space to the west. As an ode to the site’s history as a former apple orchard, the original Tolman Sweet Apple tree now sits at the centre of the parkette, surrounded by ample seating. The larger park situated along Park Home Avenue features pathways meandering through three distinct spaces: an apple orchard that acts as a forecourt to the Gibson House Museum; a central plaza that features colourful perennial gardens and heirloom roses; and an open lawn ideal for family picnics or an afternoon break. And while this beautiful greenspace was created for the enjoyment of the entire neighbourhood, it is the residents of Gibson Square who will reap the greatest rewards. “Outdoor space for residents at Gibson Square won’t be confined to their balcony, but instead will have a park as their backyard,” adds Alan Menkes. “More importantly, homeowners will enjoy spectacular views overlooking the park and gardens – especially from impeccably designed penthouse suites.” Designed by Rafael Bigauskas Architects Inc., the two 42-storey towers bring the ultimate in penthouse living to the heart of North York. Boasting superior features and finishes and stunning panoramic views overlooking Gibson Park and the Toronto city skyline, the penthouse collection at Gibson Square includes some of the building’s best layouts and will be buyers’ last chance to join the community. Located on floors 35 through 42, penthouse suites will feature soaring nineand 10-ft. ceilings, expansive terraces or balconies, a choice of plank laminate flooring in principal rooms, top-of-the-line appliances, and ensuite stacked washer and dryer, with superior interior finishes to complete the upscale suites.
32 NEW CONDO GUIDE JUL 4 - AUG 1, 2015
Ranging in size from a spacious 1,313 sq. ft. to an expansive 1,926, sq. ft., prices for this exclusive collection range from $836,990 to $1,350,990. In addition to more than 20,000 sq. ft. of recreational and entertainment amenity space available within the condominium and the public park, Gibson Square is at the centre of a vibrant and cosmopolitan city centre. Surrounded by restaurants, cafes, banks, shopping and more, Gibson Square boasts convenient underground access to the North York Centre subway station making getting around the city a breeze. For more information or to experience the brand new penthouse model suites designed by Bryon Patton and Associates, visit the presentation centre located at 4954 Yonge St., visit menkes.com, email condoa@menkes.com, or call 416.730.9722.
MOVE IN NOW! Construction Starting Peter & King, Toronto Starting from $343,990 416.591.7700
Coming Soon Yonge & Eglinton, Toronto Register now at menkes.com
Under Construction Richmond & Spadina, Toronto Starting from the mid $300’s 416.591.7700
Your life storey starts here.
Construction Starting Church & Carlton, Toronto Starting from $248,990 416.591.7700
Move In This Summer Avenue & Davenport, Toronto Starting from $420,000 416.323.0100
Move In Now Yonge & Park Home, North York Starting from $429,990 416.730.9722
Under Construction York & Harbour, Toronto Starting from the mid $300’s 416.591.7700
New Release Evans Ave. + Brown’s Line, Etobicoke Starting from the mid $500’s 416.259.2525
Register your interest at menkes.com facebook.com/MenkesLife
@MenkesLife
Prices and specifications are subject to change. E.&O.E. July 2015. 27094
MAKING M AKING OWNERSHIP OWNERSHIP VERY VERY E ASY EASY
MOVE ININ NOW! MOVE NOW!
OUR OURM.O.V.E. M.O.V.E. PROGRAM PROGRAMISISBACK BACK MM AKAK ING INGOWNERSHIP OWNERSHIPV ERY V ERYE ASY E ASY
Bryon Patton Designed suites Bryon Patton Designed suites
AVAILABLE AVAILABLEFOR FORTOURING! TOURING!
Gibson Square is North York’s perfect condo address, withwith direct access to Empress Walk Gibson Square is North York’s perfect condo address, direct access to Empress Walk Shopping Centre andand North York Centre Subway Station. Shopping Centre North York Centre Subway Station.
SPACIOUS PENTHOUSE SPACIOUS PENTHOUSE RESIDENCES AVAILABLE RESIDENCES AVAILABLE
LIMITED NUMBER OFOF LOWER LIMITED NUMBER LOWER LEVEL UNITS AVAILABLE LEVEL UNITS AVAILABLE
1,313 sq.ft. to 1,926 sq.ft. 1,313 sq.ft. to 1,926 sq.ft. Starting from $836,990 Starting from $836,990
746746 sq.ft. to 1,025 sq.ft. sq.ft. to 1,025 sq.ft. Starting from $429,990 Starting from $429,990
MENKES SALES CENTRE MENKES SALES CENTRE
4954 Yonge Street, South of Mel Lastman Square 4954 Yonge Street, South of Mel Lastman Square HOURS: HOURS: MonMon - Thurs 12 -12 6 pm | Closed Friday - Thurs - 6 pm | Closed Friday Sat Sat & Sun 12 5 pm & Sun 12 - 5 pm
416.730.9722 | menkes.com 416.730.9722 | menkes.com
facebook.com/MenkesLife facebook.com/MenkesLife @MenkesLife @MenkesLife See sales representative for details. Prices and See sales representative for details. Prices and specifications are subject to change. E.&O.E. July 2015. specifications are subject to change. E.&O.E. July 2015.
INVESTOR ADVICE
Risks and rewards of buying pre-construction By Andrew La Fleur
You are effectively buying a contract with the hope that one day this contract will become a piece of real estate that is worth more than the price you paid for it
I
nvesting in a pre-construction condo is not without risk. You are effectively buying a contract with the hope that one day this contract will become a piece of real estate that is worth more than the price you paid for it. A lot can happen in three to five years while your condo is being built. Here are two tips to help ensure your investment is a successful one. 1 | Always buy below market value Your goal should always be to buy something that will increase in value, and the best way to do that is to buy something that is priced below the current market value of a similar resale property. For example, if a one-bedroom across the street in a brand new completed building sells at $300,000, and you can buy a similar one-bedroom in a pre-construction condo at $285,000, then you are well insulated from any market fluctuations over the next few years and you are positioned to have a property that is worth more when completed than when you bought it before construction start. 2 | Always buy cash-flow positive Investing in real estate is not a get rich quick scheme, but it is how most of the world’s wealthiest people have earned their fortunes. The best real estate investors always buy for the long term. I always encourage my clients to take the long-view approach when buying pre-construction and to plan on renting their unit out for at least one year (preferably more) after the completion of the building. Flipping before project completion (assignment) is a highly risky strategy and should be considered only as a back-up plan. With this in mind, you should only buy a pre-construction condo that will provide you with positive or break-even cash flow with the standard 20 to 25 per cent downpayment. If at the current valuation and given current market
rates for rents, you cannot reasonably expect to cover all your expenses, then stay away! If you do your homework before buying by following these two tips you will be in great shape for years to come.
Andrew la Fleur is an awardwinning 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
JUL 4 - AUG 1, 2015 NEW CONDO GUIDE 33
HOMEBUYERS’ HELP
Buyers of condo conversions beware By Wayne Karl
C
ondo conversions can be an inviting purchase – often beautiful, old and dormant heritage buildings with lots of character brought back to life as modern condominiums. But buyers of these units should beware – you are not covered by Tarion Warranty Corp. Toronto has plenty of examples of condo conversions, from the Tip Top Lofts to the Toy Factory Lofts to the Union Lofts. Even Guelph and Hamilton are getting in on this increasingly popular housing option. There are lots of benefits – including retaining the historical context and unique characteristics of a building. But there can also be challenges – from limitations in design to approvals and construction issues. And even though recent proposed changes to the Condominium Act may provide some protection in the future, there’s no guaranty that will happen. “The recent proposed changes to the Condo Act, announced in May, include that Tarion will be providing limited coverage on condominium conversion units in the future (if and when proclaimed),” Howard Bogach, president of Tarion, told YPNextHome. “As an increasingly popular homebuying option that contains many new components, Tarion believes that these homebuyers should also receive protection, similar to that of all new homes in Ontario. We will work with the government on this initiative.” 34 NEW CONDO GUIDE JUL 4 - AUG 1, 2015
Currently, many buyers are not aware that Tarion doesn’t cover condo conversions. So when owners call the organization’s contact centre looking for assistance, there’s very little Tarion can do – other than recommend they discuss the issue with their builder, and failing that, a condominium lawyer. There are protections in the Condo Act that may apply to condominium conversions. “It depends what stage of ownership they are at,” Bogach says. “If they are considering a condo conversion unit, they should read all agreements carefully. We recommend working with an experienced real estate agent and a lawyer. “If they have recently moved in, owners should always contact their builder for assistance first. They may also contact their lawyer in certain circumstances if it appears a satisfactory resolution to an issue can’t be achieved.” It’s important for buyers of any new home to research their builder, but especially so for those thinking of buying a condo conversion. “Although there is currently no statutory warranty coverage for conversion projects, check the Ontario Builder Directory on tarion.com to see if your builder is registered,” says Bogach. “You may also want to speak to other homebuyers and ask about the builder’s after-sales service. Finally, homebuyers should ask their builder if they provide their own warranties on these projects.” Buyers should also inquire about what aspects of the building are new and which will incorporate existing features. Ask about reserve funds – money set aside for special, unknown expenditures in the future – and whatever is set aside to address depreciation. “I would always recommend you review your Agreement of Purchase and Sale with an experienced condominium lawyer prior to the mandated cooling off period expiring.”
A boutique urban
statement. AT BAYVIEW VILLAGE
MODERN CONDOS AT BAYVIEW VILLAGE NEXT TO THE SUBWAY Fashion, elegance and luxury living come together at the Village Residences. Live in a prestigious neighbourhood across from Bayview Village and steps from TTC, parks, schools, highways and more. Welcome home.
REGISTER FOR PRIORITY PREVIEW www.VillageResidences.ca *All prices, figures, sizes, specifications and information are subject to change without notice. E.&O.E. All illustrations are artist’s concept only. ©2015 Liberty Development Corporation. Brokers Protected. All rights reserved.
JUL 4 - AUG 1, 2015 NEW CONDO GUIDE 35
Liberty is a Friend to the First Time Buyer
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LegacyParkCondos.com | 905-731-8302
36 NEW CONDO GUIDE JUL 4 - AUG 1, 2015
*As per price list. Limited time offer. Offer based on select number of units. For qualified buyers on approved credit. All renderings are artist’s concept. Prices, specifications, and availability are subject to change without notice. E.&O.E. Brokers protected. See Sales Representative for details.
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MAKE YOUR MOVE
10 commandments and one golden rule By Chuck Resnick
E
ven at the best of times, moving day can be stressful for everyone involved. Whether you are moving into or out of a condominium, lowrise home or a commercial property, a move involves trucks, boxes, packing materials, workers and a certain amount of organized chaos. As with any major event, preparation is key. There are certain things to do on moving day to make things go as smoothly as possible. The first is to be sure to bring your manners with you. Think of the following tips as your 10 commandments on moving day: 1. Let your neighbours at both ends know when to expect the movers to pull into your place. Ensure that the movers park and unload to avoid blocking anyone else’s driveway or trespassing on other property while items are being carried into or out of your new place. It is important to respect your neighbours’ privacy and property. 38 NEW CONDO GUIDE JUL 4 - AUG 1, 2015
Continued on page 40
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*The First Home Boost Program is only available on a limited number of suites.**Conditions apply. Parking and locker incentive are only available on a select number of home types. Exclusive Listing: CityLife Realty Ltd. Brokerage. Brokers Protected. Illustrations are artist’s 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.
MAKE YOUR MOVE...continued
8. Most moving companies are good about removing packing materials, crates, boxes, etc. when they leave. If anything is left behind, collect it yourself and dispose of it. 9. As items are moved out of rooms, take advantage of the opportunity to sweep, mop and clean what you can. Think about how you would like to find the place you are moving into and act accordingly. Some people hire cleaners to come in and work their magic before turning in the keys over to the landlord or the new owners. You may even want to check your lease – some leases and tenant agreements stipulate the condition of cleanliness and you don’t want to be sent a bill from your old landlord because you didn’t fulfil your obligations at your old home when leaving.
2. If you are booking a residential move and have the choice, select 9 or 10 a.m. for your truck to arrive. This is a time when people who work the 9-to-5 shift are not at home, and you are less likely to cause them any inconvenience. 3. Everyone wants to move at the same time, but this can tie up the elevators and make it impossible for residents to come and go, so instead of chaos, the property management will book a block of time for you to move. Book the elevators well in advance – in both the building you are leaving and the building you will be moving into – so that you can have the benefit of arranging your time comfortably. You should also check to see if movers are restricted to using specific doors. Sometimes there are service areas to use for moving so that the rest of the tenants aren’t disturbed or inconvenienced, or to accommodate large, heavy pieces of furniture.
10. Keep your cool. By moving day, you are likely to be tired and worried about all your items arriving at your destination without any damage. So, it’s all about common courtesy – treating others the way you would like to be treated – and it works both ways. That’s why at Two Men and a Truck we follow the golden rule. We treat everyone the way we would want our grandmothers to be treated.
4. Make arrangements for your pets to be cared for elsewhere. The very nature of a move means that doors will be open for long periods, and having animals wandering in and out can be dangerous for them and for those carrying your belongings. 5. If the movers are playing a radio, ask them to keep the volume down to avoid bothering small children or elderly neighbours who may want peace and quiet. 6. The physical nature of moving means that your movers will get thirsty and hungry. Although it is not necessary, offering cool drinks and some snacks is always greatly appreciated. Cold water and pop during the summer can go a long way to keeping movers refreshed and energized. 7. Most people wonder about whether to tip movers. Tipping is not compulsory in our industry, so it is totally up to you. If you feel your moving crew has done an exemplary job, by all means, show your appreciation that way. Whether or not you tip, you should expect excellent service. 40 NEW CONDO GUIDE JUL 4 - AUG 1, 2015
Chuck Resnick is vice-president Marketing and Operations for Two Men And a Truck - Canada. Visit twomen.ca
41
Q&A
Making tracks in midtown By Lydia McNutt
M
idtown is the talk of the town, thanks to its roster of amenities, employment, transit links, and the rising value of real estate. Yonge & Eglinton’s transformation has been nothing short of awesome, and even so, it’s still in its infancy. YP NextHome chatted with Todd Cowan, managing partner at Capital Developments, about this new development hot spot, traffic and transit, and what lies ahead.
YP NextHome: Why has Yonge & Eglinton become so popular for new condo and office development? (Capital Developments should know, with three projects now in the works.) 42 NEW CONDO GUIDE JUL 4 - AUG 1, 2015
Todd Cowan: It’s become such a hot spot as a result of a convergence of a few factors: • Public transit: The Eglinton Crosstown is the cornerstone of the $8.4-billion investment being made by the Government of Ontario. Once complete, it will make Yonge & Eglinton one of few anchor transit hubs in the GTA, and will significantly elevate and transform its level of importance within the City of Toronto. • City planning: Yonge & Eglinton is one of few areas planned as an urban growth centre, whereby the planning guidelines support significant intensification. • Vibrant neighbourhood: While many other parts of the city poised to experience significant population growth may lack the necessary neighbourhood infrastructure to support the boom, Yonge & Eglinton is one of Toronto’s most established neighbourhoods. It is home to some of the city’s greatest public and private schools, community centres, public parks, and a wealth of entertainment, retail and service amenities. • Employment growth: Yonge & Eglinton is already home to many significant Canadian employers, and this number will continue to grow as new office builds are developed in the area. When the Eglinton Crosstown is completed, the neighbourhood will be easily accessible from anywhere in the city. YPNH: Do you foresee traffic issues with all this new high-density development coming soon? TC: The density associated with the future development at Yonge & Eglinton will be significantly less than other parts of the city, including the downtown core, which exist without major traffic problems. The typical residents of the newly built condos in the Yonge & Eglinton area are not heavily dependent on cars for their personal transportation. The completion of the Eglinton Crosstown, in addition to the existing Yonge-University subway line, will further alleviate this situation and we don’t foresee any longterm traffic problems. YPNH: How do you envision the neighbourhood in 10 years? 20 years?
TC: I forecast Yonge & Eglinton to be considered the new Toronto midtown hot spot, especially as it is far closer to the rapidly growing suburban areas north of Toronto in the GTA. There will be major improvements in the caliber of retail, restaurants and services operating in the area, and stronger vendors will continue to open new locations to capitalize on the growing population. A great example of this is Loblaws opening a large-format store at Eglinton, just east of Yonge Street. This is just the beginning. YPNH: Why did the company – originally CD Capital – decide to rebrand as Capital Developments? Is anything else changing for you, beyond your name? TC: The strategy is part of an overarching initiative that places “people
Midtown is the talk of the town, thanks to its roster of amenities, employment, transit links, and the rising value of real estate and relationships” at the core of our business. Capital Developments is a people-first company and the brand’s tag line, “Relationships Matter,” clearly articulates this and differentiates the brand in a crowded market. The addition of “Developments” better explains who we are, which is a company with a strong financial background and track record (critical in the industry), as well as extensive experience accumulated through the development of significant mixed-use developments in Europe (the root of our development organization) and North America, where we have been active for many years. We forecast Capital Developments to continue its rapid growth as we become one of Canada’s leading development companies with a reputation of placing “people and relationships” at the core of our business.
150 Redpath Condos is coming soon to the Yonge & Eglinton neighbourhood
JUL 4 - AUG 1, 2015 NEW CONDO GUIDE 43
MORTGAGE ADVICE
What first-time homebuyers need to know before getting a mortgage By Alyssa Richard
C
ontinuing low interest rates present a window of opportunity for first-time homebuyers, but before you begin touring homes and hiring a real estate lawyer, you need to get pre-approved for a mortgage. Once you’ve been pre-approved, remember that this is the absolute maximum amount a bank or mortgage broker would be willing to give you – and the mortgage payment at that top price is often outside of people’s comfort zones, when it comes to their personal budgets. To ensure you’re not strapped for cash and become house poor, try to buy something at a lower price point. Your budget will especially thank you when – not if, when – interest rates go up. Finance officials and economists have said for years that an interest rate hike was on the horizon. Since our economy follows the U.S.’s, the Bank of Canada will watch what the Federal Reserve does then go from there. It’s predicted that our prime rate could go up by as much as 1.25 to 1.50 per cent, though, which would affect anyone who had a loan attached to prime (variable mortgage, bank loan or line of credit). First-time homebuyers thinking of taking advantage of a low variable mortgage rate this year, should first run the numbers to see if you could afford this potential increase. According to the Canadian Real Estate Association, the average home price in Canada is slightly more than $413,000. If we plug that number into a mortgage calculator, put down 20 per cent and choose a five-year variable rate (2.09 per cent, for example), your monthly mortgage payment would be $1,413. Now, if prime went up by 1.50 per cent, so would your mortgage rate. If yours went up from 2.09 per cent to 3.59 per cent, your monthly mortgage payment would go up to $1,665 – that’s $252 per month or $3,024 per year extra that you’d need to find in your budget. Imagine how difficult that would be to come up with, if you’d already purchased something at the top of your max budget. And fixed-rate mortgage holders won’t be immune to the interest rate increase, either – those will likely go up, too, but you’d be protected from that until your mortgage came up for renewal. Still, I wouldn’t be surprised if we saw more people go fixed this year, in light of this potential
44 NEW CONDO GUIDE JUL 4 - AUG 1, 2015
interest rate increase. Even if it weren’t on the horizon, it’s always best to stress test a mortgage before you buy. A good rule of thumb: if you can’t afford a two-per-cent interest rate hike, you may want to look at a home within a more appropriate price range.
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.
IN THE NEWS
Price gap between lowrise and highrise continues to widen By Lydia McNutt
T
he price gap between new lowrise and highrise homes in the GTA has broken a record, again. This, after hitting a 10-year high in April – an indication that demand for lowrise is outstripping supply, according to the Building Industry and Land Development Association (BILD). The price difference between lowrise and highrise in the GTA is now a staggering $343,492. Just one year ago, that gap was over $100,000 less, at $237,301. “As the price of ground-related housing continues to grow at a record pace, it’s becoming increasingly difficult for GTA residents to afford a lowrise home,” says BILD president and CEO Bryan Tuckey. The average price of a lowrise home (detached, semidetached and townhome) reached $783,955 at the end of May – up 16 per cent over May 2014, and an increase from April when the average price was $775,419. Meanwhile, highrise homes saw a slight dip in price month-over-month, averaging $440,463 in May over $448,760 in April.
As Tuckey notes, these prices are reflective of availability. At the end of May, there were 5,198 new lowrise homes available for purchase across the GTA, representing just 20 per cent of total new-home inventory in the region. That’s a lot of condos up for grabs. “The effect of new-home pricing is also trickling down to resale homes, which is something that affects all homebuyers,” Tuckey adds. “As inventory borders on record low level, we need an adequate supply of lowrise homes to ensure healthy levels of housing choice that are necessary to accommodate the needs of our expanding region.”
MONTHLY R EA LN ET N EW HOME PR ICE IN DEX Greater Toronto Area – January 2004 to May 2015
$800,000
$783,955
$700,000
High Rise Low Rise
$600,000
$500,000
$440,463
$400,000
$300,000
2004
46 NEW CONDO GUIDE JUL 4 - AUG 1, 2015
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
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THE BOND UNVEILS THE CONNECTED COLLECTION LIFETIME DEVELOPMENTS OFFERS ONE LAST CHANCE TO OWN IN THE COVETED ENTERTAINMENT DISTRICT
T
oronto’s Entertainment District has been through a dramatic evolution. Beginning as a booming industrial district, then developing into a lively neighbourhood with a dynamic nightlife, the Entertainment District has just undergone what may be its most significant transformation yet. Beckoning residents to the city’s core, Toronto’s decade-long condo boom has replaced clubs with condos, and the Entertainment District has been redefined as one of the city’s most sought after locations to live. Surrounded by cultural landmarks and exciting attractions, the Entertainment District now offers people the opportunity to live where their life is. “The transformation of the Entertainment District has been spectacular. The area has exploded with new restaurants and an evolving nightlife scene, as well as the services and features of a residential neighbourhood” says Brian Brown, Vice President of Lifetime Developments. “Being able to live where you work and play has become increasingly important to buyers, and we are thrilled to be able to offer this opportunity in one of Toronto’s liveliest neighbourhoods.” Located at the corner of Adelaide and John Street, The Bond Condominiums by Lifetime Developments is one of the area’s most successful and highly anticipated projects. Offering buyers a final opportunity for home ownership in this energetic neighbourhood, Lifetime has just announced the release of the Connected Collection – an exclusive selection of suites on the two top floors, and a limited number of newly released terrace suites. “This will be buyers’ last chance to live at The Bond,” adds Brian Brown. “Steps away from the John Street Cultural Corridor, The Bond really offers residents the chance to live at the centre of it all with an excellent pricing offer.” To celebrate the release of the Connected Collection and the final suites at The Bond, Lifetime is offering a limited time promotion for $15,000 cash back on the purchase of
studio, 1-bedroom or 1-bedroom plus den layouts, and $30,000 cash back on the purchase of 2-bedroom and larger layouts. Purchasers can also look forward to only a 15% deposit. Designed by Charles Gane of Core Architects, the tower’s 42-storey dramatic glass and steel façade will be anchored by a bold geometric podium. The stunning suite interiors are designed by Thomas Pearce Interior Design Consulting, and feature 9’ ceiling heights, floor to ceiling windows and spacious balconies in each suite – amplifying the suite’s panoramic views of the city and lake. Kitchens boast custom-designed cabinetry, a choice of natural stone or quartz countertops, tile backsplash and state of the art European appliances. Bathrooms will also feature custom-designed contemporary cabinetry and the choice of natural stone or quartz countertops in addition to a 5’ white soaker tub and a glass shower stall adorned with chrome fixtures. With two levels of amenity space on the seventh and eighth floors, residents will enjoy the Urban Retreat featuring a private lounge complete with a wet bar, event kitchen and dining room, elegant double sided fireplace; billiards lounge; golf simulator; and an outdoor terrace. Upstairs, the Fitness Retreat features a weight and cardio training room, double-height yoga studio, outdoor pool and hot tub, plus a sun lounge equipped with a juice bar. “We have long known that the Entertainment District was an area on the rise and given the right attention to detail and design, would be appealing to buyers,” says Brian Brown, “With a landmark location and desirable amenities, this new collection of suites won’t be available for long.”
Visit Lifetime’s Inventory Boutique at 373 King St. West, Suite 302; call (416)546-7525; or go to www.thebond.ca for more information.
42ND FLOOR PENTHOUSE
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1, 2 & 3 Bedroom Condominiums from the mid $200s Presentation Centre 1213 York Mills Road Mon-Thurs: 12 to 7pm. Fri: By Appt. Sat & Sun: 12 to 6pm
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THERAVINE.CA *See sales representative for full details. Prices and specifications are subject to change without notice. Renderings are artist concept. E.&O.E. 2015
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STAT CHAT
Record unsold condo units? There’s more to that story By Ben Myers
I
f you follow me on Twitter (@BenMyers29), you know that I’m a big baseball fan. Imagine for a second that Toronto Blue Jay Jose Bautista hits three home runs and strikes out once in a game, and the Jays win by five runs. The next day the headline in the newspaper reads: “Bautista strikes out in Jays win.” Of course that would never happen. However, strangely, this type of news reporting actually happens all the time when it comes to residential real estate in Canada. A new housing report comes out or new statistics are released, and the major focus of the report or data trend is ignored, while a smaller negative piece of information becomes the main focus. For example, the May 2015 Canada Mortgage and Housing Corp. (CMHC) housing figures for the Toronto Census Metropolitan Area (CMA) were released showing that housing starts were up 57 per cent in May and 24 per cent year-to-date (YTD), condo absorptions were up four per cent in May and 133 per cent YTD, and pricing for new single-detached houses were up six per cent annually. Much of the coverage did not focus on this data. Instead the focus was on the increase in the completed and unabsorbed condominium supply (to 2,803 units). Although this is a record high, it represents less than 10 per cent of the completed condo supply over the past 12 months, well below many other major cities in Canada on a percentage basis. The context for those 2,800 units was not mentioned, and there were more issues with the way the data was reported. In certain instances these units were listed as vacant, which is not necessarily the case, as many developers rent out their unsold units. CMHC also noted that just 69 per cent of CMA condominium apartment units that completed construction in May were sold. That seems very low, and it is. A condo absorption rate of under 85 per cent has only occurred in four months over the past 10 years! Condominium market research firm Urbanation pointed out that the CMHC numbers must be miscalculated, because the area of the Toronto CMA they claim had a big jump in unsold units, actually had no completed condos in May! It is true that even a high-quality organization like CMHC can make an error now and then. Keep in mind many developers have no problem having unsold inventory at completion, as they believe that can achieve a price premium for a unit that a potential purchaser can walk through. Other developers keep units and rent them out, as they want to grow their stock of rental properties, knowing they can sell them at any time for more than it cost to build them. My goal in writing this article is for the readers to think more carefully about what they read and the conclusions that are made, as there may be a lot more to the story.
48 NEW CONDO GUIDE JUL 4 - AUG 1, 2015
The Toronto condo market has done much better than my beloved Toronto Blue Jays over the past decade, but the statistics actually point to a strong finish for both of them in 2015.
Ben Myers is senior vicepresident of Market Research and Analytics at Fortress Real Developments. Ben assists in evaluating the market and projects that Fortress engages in. Follow his blog posts and commentary on the Canadian housing market at fortressrealdevelopments.com/ news or follow him on twitter at @BenMyers29
LEGALLY SPEAKING
Why foreign investors love Canadian real estate By Jayson Schwarz with files from Evonne Finnegan LLB and Ernest Wong LLB
T
oronto was the “hottest” city in the world last year, among the growing number of rich and sometimes famous looking to purchase real estate. According to Christie’s International Real Estate, the luxury housing market in Toronto saw a staggering 37-per-cent surge in purchases from so called “high-net worth” individuals in 2014. Toronto was tops for growth among desirable urban destinations from more than 80 global markets examined by Christie’s. Toronto was capitulated into the Top 10 “Best of the Best” cities in the world along with Dubai, Hong Kong, London, Los Angeles, Miami, New York, Paris, San Francisco and Sydney. Home prices here continue to soar with an average detached house price of $1.04 million. For many foreign investors familiar with the cost of real estate in New York, London or Hong Kong, this demonstrates that values in Toronto have not yet reached their peak. What do you need to know about purchasing property in Canada and Toronto in particular? First and foremost, there is no restriction on foreign individuals purchasing property in Canada, unless it affects the national interest. Let’s take a closer look: Tax treaties Depending on your country of residence, there may be an international tax treaty in place between your country and Canada. In that case, there will be provisions governing the effect of income Continued on page 50 JUL 4 - AUG 1, 2015 NEW CONDO GUIDE 49
LEGALLY SPEAKING...continued
Depending on your country of residence, there may be an international tax treaty in place between your country and Canada earned on rental and sale proceeds of property in Canada. This translates to withholding tax and other questions being answered, and allows you to avoid double taxation. This also allows you and your advisers to properly plan and structure your transaction. Legal structures There are various legal structures available to foreign investors in Canada: » Real Estate Investment Trust – this is a trust established to consolidate capital for the purpose of investment in real estate. » Joint Venture – these are advantageous due to flexibility in allowing for varied and non-proportionate sharing of profits. » Partnership, Limited Partnership » Corporation » Personal Ownership In order to ascertain which structure is best for you, consult your lawyer or accountant with expertise in real estate. Getting taxed in Ontario... A purchase of new residential property in Ontario is subject to a 13-per-cent HST. Rebates are available for resident Canadians that either will occupy the premises or rent them out. Non-residents may not qualify in all situations for the rebates, so check with your lawyer or accountant. The purchase of new residential property in Toronto is also subject to LTT from two levels of government, Municipal and Provincial, and average about 1.5 per cent each. Outside of Toronto, only the Provincial LTT is payable. Non-residents should consult their lawyer or accountant with expertise in real estate law and tax to reduce or avoid withholding tax.
The double taxation treaty means that subject to certain criteria, investors will not be taxed on income gained in one of the contracting states. If tax rates are different in the two countries, you get credit for tax paid, and an adjustment if the tax in your home country is less than where you are earning the income. A company resident in Canada which receives income from interest, royalties, pensions or purchased annuities from UK sources may be able to apply for relief from UK tax and vice versa. With the benefit of double taxation treaties, companies can take advantage of the booming real estate market in Canada.
Real estate brokers For those wishing to buy or sell property, a qualified real estate broker is essential. Real estate brokers are subject to special regulation in Canada. In Ontario, the Real Estate Council of Ontario is responsible for regulating real estate and administering the Real Estate and Business Brokers Act, 2002. A broker can assist in identifying a target for acquisition, preparing offers and negotiating the deal. Once a qualified broker understands his client’s requirements, he has access to one of the best multiple listing services in the world and can quickly hone in on the right property. UK investors, for example… Tax treaties between Canada and the UK make Canada an attractive investment prospect for UK developers. The 1980 Convention between Canada, the UK and Northern Ireland prevents double taxation, exempts a resident of one of the contracting countries from Capital Gains Tax, when the tax has been paid, exempts in the other country on the disposal of assets. 50 NEW CONDO GUIDE JUL 4 - AUG 1, 2015
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.
LIVE AT STUDIO BE DOWNTOWN SUITES FROM THE
300’S
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Nelson St.
University Ave.
Simcoe St.
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Spadina St.
Richmond St.
PRESENTATION CENTRE
Adelaide St.
Presentation Centre: 25 Nelson Street, Toronto Mon. – Thurs.: 12pm – 6pm, 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 5% due on occupancy.
studiocondos.ca • 647.352.7736
When the subway is next door and Bayview Village is across the street... the address is Vida.
COMING SOON Condos at Bayview Village from $199,990 Introducing Vida. Inspired condominium living, next to the subway, across from Bayview Village, with all the elements of the good life.
Live Life Connected. Register at vidacondos.com • 416.304.1212 Exclusive Listing: Baker Real Estate Incorporated Brokerage. Brokers protected. Prices and specifications are subject to change without notice. Illustrations are artist concept. E.&O.E. 52 NEW CONDO GUIDE JUL 4 - AUG 1, 2015
CONSTRUCTION STARTS THIS FALL Last chance at pre-construction pricing
FOREST HILL LIVING FROM THE LOW $300’s An intimate, new building at 223 St. Clair West in Forest Hill. Unique terraced design. Transit that keeps you connected. Modern amenities to keep you entertained.
CHECK OUT OUR VIRTUAL TOUR ONLINE ZIGGCONDO.CA • 416.545.0223
SALES OFFICE @ 90 EGLINTON AVENUE EAST Marketed by International Home Marketing Group. Prices and specifications are subject to change without notice. Renderings are artist’s concept only. E. & O.E. Brokers protected.
Get Social with us: JUL 4 - AUG 1, 2015 NEW CONDO GUIDE 53
are you
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canarydistrict.com 416.603.7576 .
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Healthy, Active, Downtown Condo Living Canary Park Condominiums is in the heart of Canary District in Toronto’s downtown East, a vibrant new community of shops, cafes, restaurants, a YMCA, the brand new George Brown student residence, the Front Street Promenade, and 18-acre Corktown Common Park. Exclusive Listing: Baker Real Estate Incorporated, Brokerage. Brokers Protected. Prices and specifications are subject to change without notice. E. & O.E.
54 NEW CONDO GUIDE JUL 4 - AUG 1, 2015
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SALES CENTRE + MODEL SUITE 618 RICHMOND ST. W. (AT BATHURST) Monday-Wednesday
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JUL 4 - AUG 1, 2015 NEW CONDO GUIDE 55
first.
56 NEW CONDO GUIDE JUL 4 - AUG 1, 2015
Coming Soon. Bold. Brilliant. Briar Hill at Dufferin. Starting from the mid $300’s
An enclave of bungalow and 2-storey city towns in a well-established, family-friendly community. Stroll along tree-lined walkways to the parkette next door and enjoy the many convenient amenities this mid-town neighbourhood has to offer.
Be first in line. Register Now. MadisonHomes.ca Rendering is artist’s concept. Prices and specifications are subject to change without notice. E. & O. E. JUL 4 - AUG 1, 2015 NEW CONDO GUIDE 57
BE AT ONE WITH THE KIP Still in pre-construction, One is the first, landmark residential tower of The Kip District community and your opportunity to make the investment of a lifetime. Located at Kipling and Dundas, this new community of five towers connected by parks comes loaded with eco-friendly features. From green roofs and charging stations to energy efficient appliances, The Kip does green, gloriously! PRE-CONSTRUCTION PRICES START AT JUST $232,900
Visit the Sales Centre Today! 5143 Dundas St. West TheKipDistrict.com | TheKip@ConcertProperties.com Rendering is artist’s concept. Prices, availability, design and specifications subject to change without notice. E.&O.E. April 2015.
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Renderings are an artist’s impression. All prices, sizes and specifications are subject to change without notice. E.&O.E.
JUL 4 - AUG 1, 2015 NEW CONDO GUIDE 59
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JUL 4 - AUG 1, 2015 NEW CONDO GUIDE 61
TARION REPORT
Common concerns of new-home owners By Howard Bogach
I
t’s a fact that new homes and condos are not perfect. The home building process is the work of craftsmanship, where many tradespeople collaborate to bring your new home to life. This is why it isn’t uncommon for a new home to have some imperfections. While an imperfection in a new home is no cause for concern, a defect in construction is something your builder should repair. All new homes in Ontario come with a warranty that lasts seven years from the date of the first possession, guaranteed by Tarion. The warranty was created to ensure homeowners receive a new home that is constructed in a workmanlike manner, is free from defects in material, is fit for habitation and is constructed in accordance with the Ontario Building Code. Let’s have a look at the most common issues that homeowners are concerned about, and whether they are considered defects that fall within the new home warranty coverage. Flooring One of the most common concerns raised by homeowners is issues with flooring. Homeowners mention uneven finishes, visible gaps between boards, scratches, crowning or cupping (creating an uneven floor). Hardwood floor problems can arise from defects in material or poor installation. Often, however, deficiencies can be traced back to moisture content. Builders can avoid such problems by acclimatizing the wood and ensuring that the subfloor is not wet before installation. Homeowners also need to do their part to ensure that hardwood flooring problems do not arise because of excessive or insufficient humidity levels in the home. Maintaining a proper interior climate is essential to the health of your hardwood floor. If your new home includes hardwood flooring, I encourage you to speak to your builder and visit Tarion’s website to view our videos on how to control the moisture levels in your home. If you notice any flooring deficiencies or damage during your Pre-Delivery Inspection (also known as the PDI), note them in the PDI Form. If deficiencies become apparent later, contact your builder as soon as possible. It is also a good idea to keep photographic records with date and time stamps if you start to see damage on your floors after you move into your new home. Interior finishing New-home owners commonly complain about paint – streaks and brush marks, poor quality paint, poor workmanship, and drips and splatters. Generally, paint is covered under the one-year warranty. Where paint finish is specified, exposed surfaces are to be properly painted. Doors are another common issue with new-home owners. The most common complaints include doors that are inadequately installed, sticking or improperly finished. Defects in doors and improper installations are covered under the one-year warranty. Managing interior climate control Controlling a home’s moisture level is an essential part of keeping your new home healthy. Today’s energy-efficient homes are built tightly to seal out the cold weather in winter and keep in the air 64 NEW CONDO GUIDE JUL 4 - AUG 1, 2015
conditioning in summer. However, lack of proper ventilation or humidity control by the homeowner can lead to damage that would not be covered by the statutory warranty. The good news is that as a homeowner, you can follow some simple steps to keep your interior climate healthy. At your PDI, it is a good idea to ask your builder how to maintain proper moisture levels in your home. As a general rule, the healthy range is 30 to 50 per cent. You can also visit Tarion’s website to view videos on how to control moisture, and tips on how to maintain your new home. And remember, Tarion is always here to help. If you have any questions about your new home warranty visit tarion.com or call 1.877.9TARION.
Howard Bogach is president and CEO of Tarion Warranty Corp. For more information about how Tarion helps new-home buyers, visit tarion.com or find us on Facebook at facebook.com/ TarionWarrantyCorp.
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JOIN US AS WE #CELEBRATESUMMER Enter our Social Media Photo Contest for a chance to win one of our monthly prizes or the Grand Prize of an Olympus Waterproof Digital Camera Adventure Kit! Submit your photos on Facebook, Twitter, Pinterest or Instagram by using the Geranium Homes #CelebrateSummer hashtag!**
For contest details visit geraniumhomes.com/contest
Prices and specications are subject to change without notice. Rendering is artist’s concept. E.&O.E. Broker’s protected. *2% of purchase price applied as a credit adjustment on closing. Offer valid on suites at Pace on Main Condominiums for a limited time only and is non-transferable. Speak with a Geranium Homes Salesperson for more details. **No purchase necessary. Contest ends September 12, 2015. Entries must use #CelebrateSummer and tag Geranium Homes. In addition, contestants must complete the online entry form to be entered into the contest. Winners will be announced on our Facebook page at facebook.com/geraniumhomes. Prizes must be accepted as awarded and have no cash value. For ofcial rules visit geraniumhomes.com/contest. July 2015.
CONDO PROFILE
PACE ON MAIN: Inspired condo living in downtown Stouffville
E
verything this vibrant and historic town has to offer is within a short stroll of Pace on Main condominiums in Stouffville. Since 2009 award-winning builder, Geranium Homes, has played a pivotal role in the growth of Stouffville and is now selling the first condominium to be located right on Main Street. “Stouffville is becoming an impressive alternative over Markham for condo seekers. It feels a world away from Markham’s bustle and congestion, yet it’s only 10 minutes north,” says Stephanie Lane, marketing and sales manager for Geranium. Pace on Main has an unbeatable location, within walking distance to a variety of restaurants, shops and a weekly farmers’ market. Nearby, Memorial Park is a hub for outdoor activities, and the adjacent Leisure Centre houses fitness
Pace on Main will become a new condo destination
66 NEW CONDO GUIDE JUL 4 - AUG 1, 2015
facilities, as well as the main library branch. Lebovic Centre for Arts and Entertainment is a popular venue for live performances, and Latcham Gallery has long been an integral part of Stouffville’s thriving arts community. And, to travel into Toronto, or for visits by friends, you’ll appreciate the GO station is just steps away. Getting around by car is easy and Hwys. 407 and 404 are only a few minutes away. Pace on Main is a midrise, boutique-style condominium residence that is designed to reflect
the history of its neighbourhood. On the corner of Main and Lloyd Streets, the elegant facade featuring a combination of brick and stone will rise to five storeys with a new branch of Pace Credit Union occupying the ground floor. Envisioned by renowned interior design team Bryon Patton & Associates, the building’s amenities include a welcoming lobby, The Main Street Lounge with two fireplaces, three televisions, a convertible billiards table, and a kitchen and bar. Doors lead out to the terrace where barbecues and seating areas create the perfect space for summer entertaining and alfresco dining.
Live in the heart of Stouffville
A kitchen vignette showcases quality finishes
You owe it to yourself to get exactly what you’ve been looking for – a brand new condo in a downtown location at Pace on Main An excellent selection of suites remains for every lifestyle. Choices range from one- to three-bedroom suites in sizes from 650 to 1,571 sq. ft. Classic interiors feature Geranium’s quality finishes with nine-ft. ceilings, engineered hardwood flooring, granite countertops and full-sized stainless steel-finish kitchen appliances, as well as a private balcony. Prices start at $329,900 and include an underground parking space. For 38 years Geranium has taken numerous master-planned communities from conception to completion, creating neighbourhoods with families in mind, and establishing a solid reputation for quality design and construction. Geranium was proud to receive the industry’s 2014 Places to Grow Community of the Year Award, and in 2012, the Home Builder of The Year and Canadian Home Builder Association’s Grand Sam awards. You owe it to yourself to get exactly what you’ve been looking for – a brand new condo in a downtown location at Pace on Main.
Visit the sales centre, which features a model kitchen vignette, at 6212 Main St. in Stouffville. Hours are 1 to 6 p.m. Monday to Thursday; and noon to 5 p.m. weekends and holidays; closed Fridays; or by appointment. Call 905.591.1071 or visit paceonmain.com JUL 4 - AUG 1, 2015 NEW CONDO GUIDE 67
IN THE NEWS
Emerald City unveils pencil-crayon inspired art By Sonia Bell
E
merald City is bringing a whole lot of colour to the Parkway Forest community with its pencil crayoninspired public art display. ELAD, the developer behind Emerald City, unveiled the art installation at a public event on Jun. 20. The master-planned community, located at Don Mills and Sheppard Avenue, is now another step closer to completion. The public art displays, created by world-renowned artist, Douglas Coupland, are big, bold and incredibly colourful. The first collection, deemed “The Four Seasons,” includes a 60-ft. “fall” cone with autumn colouring situated at the corner of Sheppard Avenue East and Don Mills Road. The other three cones stand 48 ft. high, and represent the remaining three seasons – spring, summer and winter – and are positioned in a line through the Emerald City site. The second collection, dubbed “Cylinders,” consists of seven cylinders spanning between 24 and 48 ft., which 68 NEW CONDO GUIDE JUL 4 - AUG 1, 2015
are located throughout the various facilities and towers. Emblematic of Laurentian pencil crayons, the art instillations create a playful and upbeat atmosphere throughout the entire neighbourhood. Adding character to the community, the public art is one of the final touches to the entire vision for Emerald City. According to Len Abelman, principal, WZMH Architects, “The public art has really complemented the master-planned vision that we set out to create. [It] enhances the neighbourhood, [and] fits in and blends in beautifully. “Now with this public art in place, I don’t think it could’ve looked any better ... Toronto can be proud to have another really successful public art installation in the city.” Emerald City has something for everyone, and the new art installation is just one facet that will draw people to the developing Parkway Forest neighbourhood. Ori Belavin, manager of development and planning, notes “Emerald is part of the larger community of Parkway Forest. We’ve revitalized the neighbourhoods adding condominium projects, rental buildings, 50,000-sq.-ft. community centre, day care facility, aquatic centre, outdoor pool. We also have townhouses, so we really do cater to every kind of buyer or renter in the neighbourhood.” To find out more, visit online at emeraldcitylife.ca or call 416.492.0001.
CONSTRUCTION IS STARTING NOW
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%
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Mon-Thurs 11-6 pm Sat & Sun 12-5 pm For more info, call 416.492.0001
F R O M T H E M I D 200’ S
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Exclusive Listing: Baker Real Estate Incorporated Brokerage. Brokers Protected. † Ask Sales Rep for information. This offer is not to be combined with any other offers or promotions. Limited time offer that may be withdrawn and is subject to change at any time without notice. Cash back is paid as a credit adjustment on final closing. Certain conditions apply. E.&O.E. Renderings are artist's impression.
JUL 4 - AUG 1, 2015 NEW CONDO GUIDE 69
IN THE NEWS
$60K – what Canadians pay in mortgage interest By Wayne Karl
I
t’s a scary question many homeowners are afraid to answer: how much will your mortgage interest total over the lifetime of your mortgage? Well, wonder no more – a recent poll from BMO Bank of Montreal has the answer: $60,000. But that’s the average for Canada. Some will pay more, some less. » While the average amount Canadians expect to pay in mortgage interest is $57,938, the figure rises to its highest in Canada for residents in BC at $95,891. Homeowners in Atlantic Canada expect to pay the least, at $35,454 » Canadians expect an increase in interest rates over the next five years (60 per cent), with 48 per cent expecting a small increase and 12 per cent a large increase » Most Canadian mortgage holders (67 per cent) currently hold a fixed-rate mortgage, sheltering them against any potential upswings “It’s quite telling of the extended low-rate environment that a sizeable percentage of respondents [40 per cent] do not expect interest rates to go up in the next five years,” says Sal Guatieri, senior economist, BMO Capital Markets. “Hopefully, many have not been lulled into thinking that rates will never go up, as they could be tempted into taking on too much debt.”
It’s not surprising that British Columbians are paying the most mortgage interest, as house prices in that province are the highest in the country, he says. The average was $623,000 in April, compared with $437,000 nationwide and $456,000 in Ontario. “In any interest rate environment, it’s important that Canadians stress-test their mortgage against a higher rate to ensure they can afford it over the long term,” says Martin Nel, vicepresident of personal lending and investment products, BMO Bank of Montreal. Average age of mortgage freedom inches higher: On average, Canadians expect to become mortgage-free by the age of 59 – up from 58 in the last two years. One-third (31 per cent) expect to still be making mortgage payments on their 65th birthday.
3 tips to become mortgage-free faster:
1
Think carefully about fixed versus variable: While variable-rate mortgages have been a winning strategy over the long term, fixed-rate mortgages (currently near historic lows) come with the peace of mind of being insulated against rate increases.
70 NEW CONDO GUIDE JUL 4 - AUG 1, 2015
2
Stress-test your mortgage: Gauging the stability of your mortgage by stress testing it against a higher interest rate can help establish a plan to ensure longterm affordability.
3
Understand every step of the homebuying journey: The BMO Home Buyers Guide provides advice and information to guide buyers through the process of financing, choosing and buying a new home. Visit bmo.com for more information.
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BROKERS PROTECTED. †OFFER IS NOT RETROACTIVE AND IS VALID FOR A LIMITED TIME ONLY. RENDERING ARE AN ARTIST’S IMPRESSION. SIZES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. E.&O.E.
JUL 4 - AUG 1, 2015 NEW CONDO GUIDE 71
looking for a new home? We can help! The New Home & Condo Guide app is now
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72 NEW CONDO GUIDE JUL 4 - AUG 1, 2015
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JUL 4 - AUG 1, 2015 NEW CONDO GUIDE 73
IN THE NEWS
Canadians choose the cottage over city getaway By Olivia Bowden
C
anadians may be looking to trade in those plane tickets for a long weekend up north, according to a new survey from ReMax. When given the option, Canadians choose the cottage. The 2015 ReMax Recreational Property Report showed almost 68 per cent of Canadians were in favour of spending their weekend at the cottage or cabin, as opposed to a big-city getaway. Canadians were also willing to make sacrifices to afford their dream recreational property, with 21 per cent responding they would downsize their current home to afford a second one. Recreational property markets across Canada are seeing the benefit of the low Canadian dollar, which is motivating Canadians to keep their spending within the country. 74 NEW CONDO GUIDE JUL 4 - AUG 1, 2015
Some Canadians are also following a trend of selling their U.S. recreational properties, which may have increased in value since the 2008 recession. The report highlighted price appreciation in some recreational property markets year-over-year including an increase in sales. Markets such as Muskoka, Whistler, Peterborough and The Kawarthas, Haliburton and Wasaga all saw a rise in median market prices, with Peterborough and The Kawarthas experiencing a 27.9-per-cent increase. The explanation for these increases is a hike in sales in the upper-end of the market, with GTA buyers looking to less developed areas such as Stony Lake and Clear Lake instead of Muskoka. Looking to the east and west coasts of the country, the low price of oil has had some effect on markets where many purchasers are oil industry employees. However, some Newfoundland waterfront properties outside of St. John’s are seeing steady sales giving the market a fair start. According to ReMax, the buying market for recreational properties this season has begun strong and is expected to continue into the summer due to low interest rates and high demand.
JUL 4 - AUG 1, 2015 NEW CONDO GUIDE 75
CONDO PROFILE
THE ARBORS CONDOS IN AURORA COMING THIS FALL BY BROOKFIELD RESIDENTIAL Register now for A-list access
T
his fall, the opportunities to live at The Arbors will expand, when Brookfield Residential introduces The Arbors Condominiums to this highly successful masterplanned community in 76 NEW CONDO GUIDE JUL 4 - AUG 1, 2015
Aurora. Now is the time to register for this intimate, four-storey residence, where nature will be your neighbour. Live adjacent to parkland, protected woodlots, nature trails — just imagine the striking views you will enjoy. You will also live close to a multitude of existing amenities in the established surroundings. It’s the best of all possible worlds. When The Arbors Condominiums goes on sale, you will be able to choose from one- and two-bedroom suites priced from just the $300,000s
In Brookfield Residential’s sought-after Arbors community, the condos will feature a variety of amenities including a party room for entertaining, an outdoor barbecue patio lounge, billiards room, pet mudroom, exercise room and yoga studio, just to name a few
(including parking). The value is incredible, especially for this prime area. Situated just north of Wellington Street, off of Leslie Street, The Arbors offers convenience. Hwy. 404, the GO train and a transit bus stop in the neighbourhood make it handy for commuters to get around the GTA, with Toronto being only 30 minutes away. Nestled into the rolling hills of the Oak Ridges Moraine, with its rich valley land, forested areas, pastoral terrain and pedestrian trail system, the Town of Aurora is home to shops, grocery stores, banks, day care centres, eclectic restaurants, parkland, excellent schools, championship golf courses and popular entertainment venues. A trip to downtown Aurora is a unique experience, with stores and services cradled in preserved historic buildings along tree-lined streets. Plus, The Arbors community itself includes several parks and a trail system.
In Brookfield Residential’s sought-after Arbors community, the condos will feature a variety of amenities including a party room for entertaining, an outdoor barbecue patio lounge, billiards room, pet mudroom, exercise room and yoga studio, just to name a few. The building will also offer a concierge, as well as bike and flex storage space. Host get-togethers, exercise, relax and have fun without ever leaving the building. All this and more is close to proposed walkable amenities including grocery stores, retail and restaurants. Focused on the utmost in customer care, Brookfield Residential is a premier home builder with almost 60 years of experience making home-ownership dreams real for families across Ontario. Known for its exceptional communities, Brookfield Residential applies the highest possible standards in creating neighbourhoods that speak to the aspirations of homebuyers from every walk of life. Since 1956, Brookfield Residential has built more than 25,000 fine new homes in dozens of signature communities across Ontario, all prime examples of the company’s quality, value and integrity. When you purchase a Brookfield Residential home, you’re getting the best value – and a lifestyle you’re going to love for years into the future. The Arbors Condominiums will be yet another testament to Brookfield Residential’s commitment to excellence, and the opportunity is exciting. Be among the first to explore all that this brand new condominium has to offer.
To register for A-list access and priority information including floor plans and your preview invitation for The Arbors Condominiums, visit LiveArborsCondos.ca JUL 4 - AUG 1, 2015 NEW CONDO GUIDE 77
DESIGNER ADVICE
Cottage country in the city By Yanic Simard photos by Ted Yarwood
W
hether or not you can find the time for a true cottage getaway this summer, a sense of relaxed living can be infused into your home through the power of decor. To get the best of lake-side living, even in your urban abode, here’s my guide to the essential details of cottage-inspired decor:
Let wood reign: Naturally, wood is one of the first materials you think of when you think “cottage” – but you must know how to use it right. ⊲ To create a feeling of consistency, run wood floors continuously throughout, even into the kitchen. It can survive the occasional spill if you treat it properly. Embrace wood with visible graining, such as Mir Hardwood’s Reclaimed Parquet collection (which mixes woods for rich character). ⊲ For those who prefer a hard surface, consider an inset tile “mat” for the kitchen, entry, or other wet areas – it keeps the floor flush (and there’s no sisal rug to try to wash the mud or red wine out of). ⊲ Plank walls give the textural look of a cottage cabin interior, but unless you live directly on the water, you may find this much wood a bit overwhelming. Paint it out a white or pale colour to maintain an airy, relaxed vibe, or go for a deep espresso stain and break up the wood with white accents such as art and drapery. 78 NEW CONDO GUIDE JUL 4 - AUG 1, 2015
Continued on page 80
DESIGNER ADVICE...continued
Cottage decor often comes down to celebrating the basic essentials, such as beautiful plates, vintage servingware, and stunning pots and pans Timeless tile: Subway tile is a versatile classic that can appear either modern or traditional, depending on the details. ⊲ The most popular form of contemporary subway tile is crisp white porcelain, but you don’t have to go so minimal. Consider a tile with a more organic surface shape and subtle, uneven colouring, to bring in some traditional warmth, or choose a style with a bevelled edge for a sleek touch of class. ⊲ A cottage-inspired kitchen is also a great place to play with the colour of your tile grout. The geometric patterns of subway tile (or any other shape) can be highlighted with dark, contrast grout, or you could even choose one with a colour infused to add a playful accent. Focus on faucets: Even in the most humble cottage, a slight hit of sparkle usually appears in the form of an eye-catching kitchen faucet. ⊲ Whether your goal is a transitional or traditional style, a “bridge” faucet (which sits above the counter on two widespread arms rather than one in the centre) adds an uncommon graceful touch. ⊲ If you find yourself often filling large pots (for soups or pastas, for example), a wall-mounted faucet placed over the stove is extremely practical, and makes the fixture even more of a standout feature. Continued on page 82 80 NEW CONDO GUIDE JUL 4 - AUG 1, 2015
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DESIGNER ADVICE...continued
especially in a heavy natural fabric (such as a linen blend).
COTTAGE COLOURS HC-128 Clearspring Green
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CC-10 Ultrawhite
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CC-636 Mountain Air
Visit benjaminmoore.ca
Cottage colours: It’s hard to imagine a cottage-inspired colour scheme without the calming essence of a clean, fresh white. ⊲ For an earthy, Zen atmosphere, pair white with off-white neutrals (greys, beiges, or both) and let texture and materials become the focus – it recalls the simple beauty of sandy shores and pebbled paths without feeling too stark. ⊲ For a livelier nautical vibe, blue can’t be beat as a cottage-inspired favourite. In general, a cottage interior tends to choose a limited palette and stick to it, so pick one hue to repeat in smaller or larger doses from room to room (and if you want a little extra punch in a key area, try small hits of red for spice). Soft and strong: Seating in a cottage-inspired home tends toward two timelessly practical (and beautiful) categories: wood and slipcovered. ⊲ Sturdy wood barstools, dining chairs, and benches are perfect options for bringing in a sense of natural strength, as their open frames still allow for an airy and relaxed look, and they contrast soft upholstery beautifully. ⊲ Whether or not you find yourself regularly tracking sand inside, slipcovered furniture is practical for its ease of washing and for the ability to swap out looks between seasons. Plus, a skirted front on a sofa or chair communicates the relaxed cottage vibe, 82 NEW CONDO GUIDE JUL 4 - AUG 1, 2015
Everyday beauty: Cottage decor often comes down to celebrating the basic essentials, such as beautiful plates, vintage servingware, and stunning pots and pans. ⊲ Open shelving is a popular trend which suits the most rustic spaces (think simple wood plank shelves) or even more modern schemes (try vanishing floating glass). However, if you prefer to keep your storage behind closed doors, consider varying the heights of your cabinets – this creates neatly framed niches at the ceiling where you can display party serveware you use occasionally (such as elegant porcelain pitchers). ⊲ If you have precious plates you won’t use often (or even favourite ones that you do!) an artful arrangement over your dining table makes a classic cottage-inspired display – choose all white pieces if you want to keep the look modern. Similarly, cool copper pots hung on an open rack make a trendy metallic statement in between recipes.
Yanic Simard is New Condo Guide’s design editor, principal designer of award-winning Toronto Interior Design Group (tidg.ca), and regular guest expert on City’s Cityline. Check out Yanic’s accessory line, Yanic Simard Selected, by visiting online at ysselected.com
You don’t want drama. Get insurance that fits. Talk to a commission-free TD Insurance Advisor today.
There’s no need for drama. TD Insurance Advisors aren’t on commission, and can help you get home insurance that fits your needs. Talk to one today or go online to get a quote.
Get a quote at tdinsurance.com/fits or call 1-877-889-1396 TD Insurance home protection is distributed by TD Insurance Direct Agency Inc. and is underwritten by TD General Insurance Company in Ontario and by Primmum Insurance Company in the rest of Canada. ® The TD logo and other trade-marks are the property of The Toronto-Dominion Bank. JUL 4 - AUG 1, 2015 NEW CONDO GUIDE 83
HOMEBUYERS’ HELP
What all new home buyers need to know
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ne of the many advantages of buying a new house or condo – aside from the benefits of being able to pick and choose the features and finishes to suit your taste – is that almost all new homes in Ontario come with a warranty. In fact, the province’s new home warranty program offers coverage up to a maximum of $300,000 on each property. This warranty is administered by Tarion Warranty Corp. and covers your new home for up to seven years. In the event a sale can’t be completed, there is also deposit protection up to a maximum of $40,000 for new houses and $20,000 for new condos. (Excess deposit amounts are also protected by the trust provisions of the Condominium Act.) The warranty is broken out over one-, two-, and seven-year coverage periods during which time purchasers can apply to Tarion and their builder to remedy any problems that may have arisen since taking possession of their new home.
84 NEW CONDO GUIDE JUL 4 - AUG 1, 2015
The one-year warranty protects against defects in workmanship and materials and any violations to the Ontario Building Code. The two-year warranty protects against defects in the electrical, plumbing and heating systems, any water penetration issues, and defects in the exterior cladding. During the seven-year warranty period you are protected against major structural defects that could affect the safety of the dwelling, such as the failure of a load bearing wall. A complete overview of the home warranty program is found in a document called the Homeowner Information Package. You can access this document anytime at tarion.com. Your builder is also required by law to provide you with access to a copy of it before, or at, the closing of your new home. The law dictates that all new homes in Ontario come with this mandatory warranty coverage. It is also required by law that all new home builders in the province be registered with the Tarion Warranty Corp. Every registered new home builder in the province is listed on the Ontario Builder Directory pages at tarion.com. If your builder does not readily provide you with requested warranty rights information, and you do not find their name on the directory, you are advised to think twice about purchasing that home. More information is available online at tarion.com. NC
COME PLAY! OPEN DAILY
Toronto’s first and only Children’s Discovery Centre. A place for kids 6 and below to play, explore, create, get messy, dress up and exercise their imagination. Visit for an educational, dynamic and wonder-filled experience for kids of all abilities. Easily accessible by foot, car or TTC.
N
King St. W.
Wellington St. W.
childrensdiscoverycentre.com
Lake Shore Blvd. W.
Bathurst St.
Gardiner Expy.
Strachan Ave.
9:30am – 4:30pm 45 Strachan Avenue, Toronto
Dufferin St.
East Liberty St.
Lake Ontario
JUL 4 - AUG 1, 2015 NEW CONDO GUIDE 85
MOVE IN NOW TORONTO UPPER BEACH TOWNHOMES Steps to GO station and TTC station 11 minutes to Union Station 12 minutes to Yonge & Bloor Walk to Queen Street East & The Beach
ONLY 5% DOWN MOVE IN 30 DAYS Only 5 townhomes left starting from $525,990
CALL FOR SPECIAL DEVELOPER INCENTIVE PARKING & LOCKER INCLUDED OPEN HOUSE Saturday and Sunday 12-6 pm or by appointment 2320 Gerrard Street East, Unit 101 T. 416.693.7500 E. info@UpperBeachTownes.com W. www.UpperBeachTownes.com
Now Available!
A new Inventory Condos section: a guide to builders with quick move-in dates for newly constructed and nearly completed condos.
For advertising details please call Dionne Fraser at 416.540.8819 *Prices, specs and availability correct at press time. **Promotion is valid to completed homes & inventory of 12 homes or less.
GTA Edition July 4 – August 1, 2015
Your complete source for condos, lofts and townhomes in the GTA
IN THIS SECTION Maps and listings for new condo communities in the 416 region Builder news and the latest in condos in the 416 JUL 4 - AUG 1, 2015 NEW CONDO GUIDE 87
CONDO WATCH
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@ypnexthome.ca
previews & registrations
new releases & grand openings
DANIELS WATERFRONT By The Daniels Corp.
ISLINGTON TERRACE By Tridel
Dive into an arts-inspired life on Toronto’s waterfront. Register today. Web: DanielsWaterfront.com
Grand opening at this new, master-planned community minutes from Islington Village and Kingsway on Bloor. Web: Tridel.com
BRIAR HILL CITY TOWNS By Madison Homes Bungalow and two-storey city towns coming to Briar Hill at Dufferin. Register now. Web: MadisonHomes.ca
SAIL CONDOMINIUMS By Opearl Developments The new wave of design is here! Modern urban condos coming soon to Victoria Park and Sheppard. Register for priority preview. Web: SailCondos.ca
GRID CONDOS By CentreCourt Developments Get schooled on smart condo living in Toronto’s “Learning District.” Register now. Web: GridCondos.com
MARQUETTE By Kubo Developments
previews & registrations CITYLIGHTS ON BROADWAY By Pemberton Group Register now for the south tower with new suite designs in the popular Yonge and Eglinton neighbourhood. Web: CityLightsCondos.ca
VIDA By Castle Group Development Condos coming soon to the luxe Bayview Village area, steps from the subway. Register today. Web: VidaCondos.com
150 REDPATH By Freed Dev./Capital Dev. Coming this fall to Yonge and Eglinton. Register today to stay in the know. Web: RedpathCondos.com
STANLEY By Tribute Communities Register now to live at one of Toronto’s most iconic locations, at Church and Carlton. Web: MyTribute.ca
88 NEW CONDO GUIDE JUL 4 - AUG 1, 2015
Now previewing, boutique urban towns near Bathurst and Wilson. Visit the sales centre today. Web: Marquette.ca
CONNEXION By North Star Homes Previews continue in this prime Bloor and Islington community. Register now for first priority preview. Web: NorthStarHomesInc.com
LIBERTY CENTRAL TWO By CanAlfa Presentation centre now open. The sequel to Liberty Central By The Lake showcases spectacular lake and city views in the popular Liberty Village neighbourhood. Web: LiveInLiberty.com
BLUE DIAMOND AT IMPERIAL PLAZA By Camrost Felcorp The sales centre is now open for this dazzling new condo coming soon to Avenue and St. Clair. Web: BlueDiamondCondos.ca/cg
THE BOND CONDOMINIUMS By Lifetime Developments Final release of The Bond’s Connected Collection offers suites on the two top floors, plus a limited number terrace suites. Web: TheBond.ca
THE SOUTHWOOD By Streetcar Phase 2 now open – the Ravine Collection, minutes from downtown on the water’s edge, in The Upper Beach. Web: TheSouthwood.com
EAST FIFTY FIVE By Lamb Dev. Corp. & Hyde Park Homes Now open. Spectacular modern residences coming soon to Toronto’s lower east side. Web: East55condos.ca
THE RAVINE By Urban Capital & ALIT Developments Model suite now open in North York, where city and nature come together. Web: TheRavine.ca
TEAHOUSE By Lanterra Developments Phase 2 now open at 501 Yonge St., where east meets west in this new Asian-inspired condominium. Register now. Web: TeaHouseCondos.com
EAST UNITED By SigNature Communities
AQUALINA AT BAYSIDE By Tridel
Register now to be part of Toronto’s vibrant east end. Condos coming to the corner of Berkeley and King. Web: eastunitedcondos.com
Construction has started on the Toronto waterfront. Visit the presentation centre and two model suites, now open. Web: Tridel.com/aqualina
JOY CONDOS By Gemterra
RIVERCITY 3 By Urban Capital
Coming soon to this prime Scarborough location, near Kennedy and Sheppard. Register now to stay up to date. Web: JoyCondos.com
Presentation centre and model suite now open at Urban Capital’s new condominium coming to the revived West Don Lands. Web: RiverCityToronto.com
live at the heart of king & bathurst beginning Winter 2016
oneeleven is under construction don’t miss out on this amazing opportunity. the oneeleven condominium residences are now over 75% sold! register today at oneeleven.ca or call 647 351 4111.
CONDOMINIUMS + LOFTS
the amenity floor at oneeleven the open-concept indoor/outdoor social space encompasses a variety of entertainment, dining + lounging areas featuring an expansive, multi-use patio, library, lounge with mini-theatre, barbeque + fire pit.
Exclusive Listing Brokerage: Brad J Lamb Realty Inc. Brokers Protected. Rendering is an artist’s impression. Prices and specifications are subject to change without notice. E.&O.E. March 2015 JUL 4 - AUG 1, 2015 NEW CONDO GUIDE 89
IN THE NEWS
Sail Condominiums launching soon at Victoria Park and Sheppard Avenues
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ising soon near Victoria Park and Sheppard Avenue will be one of the most distinctive condominium projects in the city, Sail Condominiums, now being developed as a modern and urban living environment by Opearl Developments. The 18-storey building, designed by Keith Loffler McAlpine Architects, is a gracefully curving tower giving the impression of a yacht headed out to open sea, and will become a notable landmark in the area’s growing skyline. Sail Condominiums will be the perfect combination of affordable luxury in one of Toronto’s best locations, situated near existing transit and the proposed Sheppard LRT, with Hwys. 401, 404 and the Don Valley Parkway only minutes away for commutes to downtown or for weekend escapes. 90 NEW CONDO GUIDE JUL 4 - AUG 1, 2015
The project will be surrounded by shopping and dining options, being walking distance away from the high fashion of Fairview Mall and Victoria Park Square across the street. The Victoria Park and Sheppard Avenue area is one of Toronto’s most desirable and mature neighbourhoods for affordable urban living, with many established schools, Wishing Well Park and Vandenburg Park offering nearby open greenspaces. Sail Condominiums will offer a full suite of amenities, all designed to promote engagement and a socially active lifestyle amongst residents, and to utilize these amenities as extensions of their personal living spaces. There is a multi-purpose party room in which to entertain family and friends, and in the nicer weather, the room opens up to a fully landscaped outdoor courtyard. There is also a fully equipped fitness centre, complete with the latest cardio, aerobics and weights equipment. Resident suites have been meticulously crafted with great attention to even the smallest detail. The features and finishes are of an exceptionally high quality and suites are available including studio, one-bedroom, twobedroom and three-bedroom layouts. Designed by award-winning interior design firm Gordana Car, some suites include balconies and each offers large windows for an abundance of natural light, with flexible and functional floor plans with well-thought out spaces to maximize efficiency in everyday living. Sail Condominiums are developed by Opearl Developments, a family-owned and operated development business. Opearl has had extensive and successful operations in mainland China and has been in business for 40 years. They pride themselves in developing high-quality residences for all of their purchasers and operate with a business philosophy of being fair and honourable with all of their clients in all of their businesses. To learn more about the value and luxury at the distinctive Sail Condominiums, visit sailcondos.ca or call 416.756.SAIL (7245).
THE NEW WAVE OF DESIGN IS HERE
CONDOMINIUMS
COMING SOON TO VICTORIA PA RK & SHEPPA RD MODERN URBAN CONDOS FROM $199,900 Introducing Sail Condos. Magnificent architecture inspired by the graceful contours of a sail. Sophisticated amenities including a chic Lobby Lounge, elegant Party Room and modern Fitness Centre. Superb location in a vibrant neighbourhood, minutes from major highways, Sheppard subway & LRT, Fairview Mall, Seneca College, parks, schools and more. This is the new shape of condominium living. Welcome home.
REGISTER NOW FOR A PRIORITY PREVIEW SAILCONDOS.CA
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. DEVELOPMENTS
JUL 4 - AUG 1, 2015 NEW CONDO GUIDE 91
FUNDAMENTALLY SPEAKING
Toronto’s SmartTrack transit gets a big boost with federal funding By Wayne Karl
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ajor John Tory and the city of Toronto received a big boost to the SmartTrack transit plan yesterday, with the federal government committing $2.6 billion to the expansion. Ottawa’s contribution amounts to about one-third of the cost for SmartTrack transit, a regional express rail surface line intended to provide relief for the overcrowded Yonge-University-Spadina subway line, and connect Toronto to major employment centres in Mississauga and Markham. The funding is to come from the new Public Transit Fund, the federal government’s largest dedicated, permanent infrastructure program, announced in the Economic Action Plan 2015. What is SmartTrack? » SmartTrack transit is a Regional Express Rail (RER) surface subway, providing service from the Airport Corporate Centre in the west, southeast to Union Station and northeast to Markham. It will have 22 new station stops and five interchanges with the TTC. The line is scheduled to begin service in 2021. » All-day, two-way, frequent express service across the city, reducing a commute from Kennedy subway to Union Station to less than 30 minutes, from the current 40 via subway. » An estimated ridership of 200,000 per day, equivalent to about half the daily ridership of the existing Bloor-Danforth line. » 53 kilometres in length, and is mainly a retrofit of two existing GO lines operated by Metrolinx. Approximately 90 per cent of its length will be on existing GO trackage. It will not displace any existing roadway. » The same fares as regular TTC rides, and will have integrated faring with TTC. No new fares will be needed at interchange points with the TTC network. » Will use new electric multiple unit vehicles (EMUs), and no diesel locomotives.
» $265 million for a new LRT line between Waterloo and Kitchener, as well as a rapid bus transit from Kitchener to Cambridge. » $600 million for the construction of the Confederation Line in Ottawa, a 12.5-kilometre electric light rail system that will cross the city, currently under construction and scheduled for start up in 2018. » $416.7 million for the construction of the Evergreen Line in Metro Vancouver, currently under construction, to link to the existing Millennium Line, with connections to other transit lines and regional bus networks. » $400 million for the construction of the Edmonton Valley Line (Stage 1) Southeast LRT in Edmonton, integrating into existing LRT and other transportation networks.
Since 2006, Ottawa has provided support for a number of major public transit projects across Canada: » $697 million for the Toronto-York Spadina Subway Extension project in Toronto. This project is extending the current Spadina line by 8.6 kilometres into the city of Vaughan, connecting to GO train services and six new subway stations, including one at York University in North York.
Ottawa’s contribution amounts to about one-third of the cost for SmartTrack transit... 92 NEW CONDO GUIDE JUL 4 - AUG 1, 2015
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@ypnexthome.ca or follow him on Twitter at Twitter.com/WayneKarl
Shop, skip and a jump exclusive 10% Down Program Discover a dynamic, master-planned community in the heart of North York before it’s too late. Steps from Fairview Mall, minutes from the Don Mills Subway Station and TTC, enjoy a 1-acre on-site park in Fairview Park’s backyard and urban amenities at home’s doorstep.
Last chance to live on a 1-acre park at pre-construction prices!
FAIRVIEW MALL DR.
SALES CENTRE
HWY. 404
GODSTONE RD
DON MILLS RD
SaLeS Centre
SHEPPARD AVE. E.
CONNECT CONDOS
AT FAIRVIEW PARK
AT FAIRVIEW PARK
HWY. 401
DVP
SOUL CONDOS
245 Fairview Mall Drive Mon to thurs 12 to 6:00 p.m., Friday by app., Sat & Sun 12 to 5:00 p.m. 416.773.1066 fairviewparkcondos.com
*Price and specifications are subject to change without notice. Illustrations are artist’s concept only. Building and view not to scale. Exclusive Listing Brokerage; Cornerstone Marketing Realty Inc., Brokerage. ©FRAM 2015. All rights reserved. E.&O.E. JUNE 2015.
LOOKING FOR A NEW HOME? It’s only a tap away.
Find the perfect new home or condo in the neighbourhood that fits your lifestyle. START SEARCHING NOW!
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#ARAGONFORWARD Aragon Properties Ltd.
Bloordale neighbourhood. With direct access to the Go Train, expressway and metro lines, the opportunity to be a part of the best in urban design won’t last long—homes range from studio suites at $233,900 to penthouses starting at $439,900. Register today at aragon.ca/enigmalofts. Call or visit: 138 St. Helen’s Ave, 416.516.1551.
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*In our continuing effort to improve and maintain the highest standard, the developer reserves the right to modify or change plans, specifications, features and prices without notice. Please refer to disclosure statement for specific offering details. E.&O.E.
Enigma on the Park is now over 60% sold. Your 9 piece designer appliance package lives in this integrated kitchen. Enigma represents more than a subtle shift in urban planning and architectural design practices. It’s a revolution that begins with these 86 parkside condos and townhomes located in the heart of the connected
ENIGMA ON THE PARK
MORE THAN MEETS THE EYE. INTELLIGENCE STANDS BEHIND BEAUTIFUL DESIGN.
erin Duff
SOLD
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IN THE NEWS
Your custom lifestyle awaits at Barrington condominium flats NEW FLOOR PLANS AND COMBINED SUITE OPTIONS NOW AVAILABLE
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f you’ve dreamt of a custom residence in one of the city’s finest neighbourhoods, Lash Group of Companies and The Goldman Group have an exciting opportunity you need to know about – The Barrington Condominium Flats. With new floor plans just released and the option to combine suites, The Barrington has it all! Located at St. Clair Avenue West and Bathurst Street, this exceptional community is steps from the St. Clair West subway station, easily accessible to highways, and a mere 15-minute commute to the downtown core. The neighbourhood itself contains a wealth of eateries, shops, libraries, parks, trails and bike lanes for a perfectly balanced life. Plus,
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there’s ZipCar parking right on site for those times when the call of the open road just can’t be ignored. The Barrington brings condominium buyers a rare opportunity to combine suites, allowing for a customized living space that caters to your particular needs and wants. Larger, busy families who crave a city home can enjoy the maintenance-free condominium lifestyle in spacious suites. The Barrington brings buyers two suite collections – The London Flats and The Knightsbridge Flats. While both will impress with open living spaces and careful attention to every detail, The London Flats Collection lets you own a home of your own from just $1,750 a month. The Knightsbridge Collection come with a $20,000 designer upgrade bonus. Both feature newly designed floor plans with attractive, convenient entryways, spacious bedrooms and ample storage. The value is exceptional. Each incredible suite, with sizes that range from 555 to more than 2,200 sq. ft., offers the finest in indoor/outdoor living, with a balcony or terrace (sometimes both!) expanding your private space. Natural light streams in through the floor-to-nine-ft.-ceiling windows too. Interiors were designed by Toronto’s renowned Tanner Hill and Associates with elegant touches noticeable, right down to the extra-deep baseboards. Fitting its upscale location, as well as its striking contemporary architecture by EI Richmond Architects, each unit offers designer features including preengineered hardwood floors, stainless steel appliances and sinks, designer ceiling fixtures and spa-inspired bathrooms. The Barrington provides residents with every desirable amenity, including an attentive concierge and an extensive list of beautifully designed spaces to share with friends and family. Helping to grow your personal space by thousands of square feet are a multipurpose room with catering kitchen and spacious dining area; a sophisticated lounge area with multi-media wall and billiards table; and an expansive outdoor terrace with barbecues and stunning views. You’ll enjoy multiple entertaining options, so you can gather in the ones you love the most to celebrate this incredible lifestyle – in ease and style. The Lash Group of Companies and The Goldman Group have already changed the streetscape with their landmark communities at 500, 530 and 743 St. Clair Avenue West, and their track record is your quality assurance. Together, these family-owned builders bring more than a century of experience to your custom home-buying experience at The Barrington Condominium Flats. Find out more about The London Flats and The Knightsbridge Collection today with a visit to the Presentation Centre at 522 St. Clair Ave. W., open Monday to Wednesday from noon to 6 p.m.; Thursdays from noon to 8 p.m.; and weekends from noon to 5 p.m. Call 416.410.444 or visit online at barringtoncondos.com
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EXTENDED FOR A LIMITED TIME ONLY: Pre-Construction Promotions and Free Parking!* NOW UNDER CONSTRUCTION For more information call 416.493.0123
HarmonyVillage.ca
*Some restrictions and exclusions apply. Please speak to a sales rep for more details. Exclusive listing brokerage Baker Real Estate Incorporated. Brokers protected. Prices and specifications are subject to change without notice. Illustration is artist concept. E.&O.E.
Site Location: 3260 Sheppard Ave. E. Toronto, ON M1T 3K3
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* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
# Builder 2 Great Gulf 7 The Daniels Corporation 11 Menkes Developments Inc. 11 Menkes Developments Inc. 16 Freed 16 Capital Developments 17 Rockport Group 18 Monarch Corporation 18 Urban Capital 20 Menkes Developments Inc. 22 Monarch Corporation 25 Tridel Corporation 26 Bazis Inc. 28 Empire Communities 35 Menkes Developments Inc. 35 Menkes Developments Inc. 48 Madison Homes 48 Fieldgate Homes 49 Lanterra Developments 49 Tribute Communities 52 Cresford Development Corp. 58 Great Gulf 60 Canalfa Group 65 Aragon Properties 67 Pemberton Group 68 Lamb Development Corp. 75 Canalfa Group 85 Harhay Developments 99 Great Gulf 114 Fernbrook Homes/Cityzen Dev. 120 The Daniels Corporation 131 Lanterra Developments 140 Eden Shaw 149 Camrost - Felcorp 150 Aspen Ridge Homes 155 Lifetime Developments 190 Cresford Development Corp. 201 Solotex 215 Dundee Kilmer Developments 218 Malibu Investments Inc. 222 Lamb Development Corp. 2 Concord Adex 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 6 Cresford Development Corp. 6 Cresford Development Corp. 6 Cresford Development Corp. 7 The Daniels Corporation 8 Cresford Development Corp. 9 Aspen Ridge Homes 9 Cityzen 10 Empire Communities 11 Tridel Corporation 12 North Drive Investment 12 Streetcar Development 13 Streetcar Development 14 Canalfa Group 15 Tridel Corporation 16 Freed 18 Urban Capital 18 Urban Capital 19 KIngstone Road Development 19 Streetcar Development 21 Greenland Group 22 Tridel Corporation 23 Tribute Communities 24 Greenpark Homes *TH: Townhomes, C: Condo
Site Telephone TH* C* Price Range Page Finder Yonge+Richmond 416-499-8883 • from $340,000 25 16K High Park Condominiums 416-351-1844 • from $300,000 23 8L Pears on the Avenue 416-323-0100 • from $420,000 Insert 14I 365 Church 416-591-7700 • from $249,000 Insert 14I 150 REDPATH redpathcondos.com • 41 14D 150 REDPATH redpathcondos.com • 41 14D The Nest 416-223-0003 • from $250,000 71 11H Riva del Lago 416-495-3544 • from $300,000 Insert 24c RC3 416-862-0505 • • from $220,000 45 18L Fabrik 416-591-7700 • from $350,000 Insert 14M Picasso on Richmond 416-495-3549 • from $500,000 Insert 14M SQ2 416-661-1949 • IFC & BC 15D No1 Yorkville 416-519-2911 • from $408,000 3 15I Eau Du Soleil Waterfront Condominiums 416-503-3328 • from $350,000 6-7 25B 87 Peter 416-591-7700 • from $344,000 Insert 15M The Eglinton Yonge at Heart menkes.com • Insert 15D Zigg St.Clair West 416-545-0223 • • from $320,000 53 14J Zigg St.Clair West 416-545-0223 • • from $320,000 53 14J Teahouse 416-861-1111 • from $281,000 13 16K Stanley mytribute.ca • from $200,000 61 16K CASA 2 416-486-2272 • from $1000,000 IBC 15L Monde 416-466-8885 • from $320,000 25 17M Liberty Central by the Lake - Phase One 416-537-0047 • from $409,000 73 11F Enigma on the Park 416-516-1551 • from $234,000 95 9L Citylights on Broadway 905-326-4100 • from $200,000 8 14D East Fiftyfive 416-861-9559 • from $280,000 59 17L Liberty Central by the Lake Two 416-537-0047 • • from $250,000 62-63 12N One Eleven Condominiums & Lofts 647-347-4111 • from $250,000 89 13M One Bloor Residences 416-922-0081 • from $580,000 25 15I 158 Front Condominiums 158front.com • 79 17L One Park Place Condominiums 416-955-0559 • from $200,000 39 18J Riverhouse at the Old Mill 416-766-7343 • from $1592,000 19 5L Chaz Yorkville Condos 416-922-0045 • from $400,000 27 16J Blue Diamond at Imperial Plaza bluediamondcondos.ca/cg • from $300,000 1 15I Studio on Richmond 647-352-7736 • from $300,000 51 15M The Bond Condominiums 416-546-7525 • • Insert 15G 1000 Bay 416-485-3000 • from $350,000 120 15J Upper Beach Townes 416-693-7500 • from $450,000 86 24G Canary Park Condominiums 416-603-7576 • from $250,000 54 18L Smart House 416-292-0219 • from $442,000 22 15L The Harlowe 416-363-1771 • from $294,000 55 15M FWD at Concord CityPlace 416-813-0999 • • 13F 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 9M 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 Merton Yonge Condominiums 416-484-1900 • from $450,000 14e NXT2/Phase Two 416-977-5300 • • from $210,000 5F NXT at Windermere By the Lake 416-977-5300 • • from $350,000 5F The Parkside Collection 416-351-1844 • from $700,000 8L NXT 2 416-977-5300 • • from $300,000 8N VU 416-970-9500 • • from $370,000 16L Riverside in Pine Grove 416-746-1234 3F The HUB 416-784-3482 • from $250,000 9F Sherwood at Huntington 416-485-1900 • from $1000,000 18G The High Park 416-670-3699 • from $300,000 8L RC3 416-750-7506 • from $300,000 23D 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 $500,000 18L The Glen 416-694-3333 • from $255,000 23H The Southwood 416-750-7506 • from $300,000 23H King Blue Condos 416-599-1355 • from $215,000 12N Ten York 416-596-9888 • from $1020,000 12F The College 416-363-4800 • from $350,000 M14 Axiom Condominiums 647-352-4077 • from $225,000 17L
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
Tridel Corporation Bazis Inc. The Daniels Corporation Empire Communities Pinnacle International Pinnacle International Worsley Urban Partners Madison Homes Lamb Development Corp. Neudorfer Corporation Cresford Development Corp. Easton’s Group Centre Court Development Great Gulf Fernbrook Homes/Cityzen Dev. Lash Group of Companies Triumph Developments K-CAP Laird Inc. Tridel Corporation Pinnacle International Conservatory Group Pinnacle International Minto Communities Inc. Cresford Development Corp. Tridel Corporation Tridel Corporation Cresford Development Corp. Lanterra Developments Times Developments Inc. MintoUrban Communities Inc. MintoUrban Communities Inc. Streetcar Development Lanterra Developments Lindvest Minto Communities Inc. Pemberton Group Fernbrook Homes/Cityzen Dev. Lamb Development Corp. E-Park Development Emsatec Canada Inc Neudorfer Corporation Shiu Pong Development Ltd. Madison Homes State Building Group Tower Hill Development Corporation Harhay Developments Diam Developments The Daniels Corporation The Daniels Corporation Andiel Homes Inc. Berkshire Axis Development Signature Communities Empire Communities Freed Lamb Development Corp. Tridel Corporation Tridel Corporation Carttera Fernbrook Homes/Cityzen Dev. DHD Developments Lamb Development Corp. Plaza Menkes Developments Inc. Lifetime Developments Aspen Ridge Homes Context Development Inc. Context Development Inc. The Brownstone Group of Companies The Brownstone Group of Companies Great Gulf Plaza Bazis Inc. Metropia Plaza Pemberton Group Pemberton Group The Daniels Corporation The Daniels Corporation Pinnacle International Great Gulf Lifetime Developments Lifetime Developments Concert Properties Triangle West Development Tridel Corporation Tridel Corporation Tribute Communities Tribute Communities Graywood Developments Mod Developments Inc. Alterra Homes/Finer Space 45 Charles Ltd. BSaR Ltd Andrin Homes Graywood/Beaverhall Development Camrost - Felcorp Camrost - Felcorp Camrost - Felcorp 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 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 MintoUrban Communities Inc. Lifetime Developments Centre Court Development Streetcar Development Menkes Developments Inc. Fieldgate Homes Freed Carttera Mod Developments Inc. Reserve Properties Castlepoint/Numa Dundee Kilmer Developments Torbel Group Pemberton Group Baywood Homes Urban Capital TAS DesignBuild Lamb Development Corp. Lamb Development Corp. Concord Adex
*TH: Townhomes, C: Condo
Telephone
TH* C*
Price Range
Page
Spadina Queen 416-661-1949 • from $350,000 One Yorkville 416-519-2911 • from $475,000 One Park Place South Tower 416-955-0559 • from $320,000 Water Tower at Eau Du Soleil 416-503-3328 • from $350,000 Success Tower at Pinnacle Centre 416-360-0673 • from $750,000 33 Bay Residences at Pinnacle Centre 416-925-3325 • from $375,000 Totem Condominium 416-792-1877 • from $320,000 The Madison 416-482-8090 • from $420,000 Riverside Towns 416-368-5262 • from $460,000 Fuse Condos 416-534-4444 from $220,000 Lofts 399 416-867-3999 • from $590,000 Dundas Square Gardens 416-645-8575 • from $200,000 Grid Condos 416-477-4743 • from $250,000 Brocton Commons greatgulf.com/brocton • from $370,000 Garrison Point garrisonpoint.ca • from $250,000 The Barrington Condominiums Flats 416-410-4444 • from $333,000 Howard Park 2 416-873-0989 • The Upper House Condos in Leaside 416-425-1800 from $350,000 Alter 416-645-4599 • from $250,000 Palatial Collection 416-925-3325 • from $800,000 Milan 416-928-7409 • from $520,000 The PJ pinnacleinternational.ca • from $300,000 Yorkville Park mintoyorkvillepark.com • • from $420,000 VOX 416-485-3000 • Aqualina at Bayside 416-514-2710 • from $350,000 Aquavista at Bayside Toronto 416-514-2710 • from $1000,000 CASA III 416-486-2272 • from $390,000 11 Wellesley 416-861-1111 • from $250,000 The 500 Condos + Lofts 416-960-0606 • from $400,000 King West 416-367-5464 • from $210,000 775 King West 416-367-5464 • from $330,000 Riverside Square 416-466-4466 • from $200,000 3018 Yonge In Lawrence Park 416-787-8882 • from $390,000 B Streets 416-532-6636 from $635,000 West Side mintowestside.com • • from $220,000 The Uptown Residences 416-987-3500 • from $950,000 The Selby theselbycondos.com • 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 Design Haus mydesignhaus.ca • from $250,000 The Upper Canada Condominium 416-489-5194 • from $1800,000 The Upper Canada Condominiums 416-489-5194 • from $1.8,000 2221 Yonge 647-350-2221 • from $320,000 East Condos & Lofts 416-368-5262 • from $310,000 On The Danforth onthedanforthcondo.com • from $250,000 The Bartholomew Downtown East 416-955-0559 • from $300,000 RC3 416-221-3939 • from $280,000 East United Toronto Condos 905-273-9333 • from $200,000 East United Toronto Condos 905-273-9333 • from $200,000 East United Toronto Condos 905-273-9333 • from $200,000 Schoolhouse 416-979-1333 • from $595,000 Art Shoppe Condos artshoppecondos.com • from $200,000 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 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 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 Charlie 416-927-9772 • from $960,000 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 $750,000 The Urban Townhome Collection 416-546-6605 • from $1899,000 One Park West 416-955-0559 • from $406,000 Festival Tower 416-203-2020 • from $350,000 The Pinnacle on Adelaide 416-596-1600 • from $350,000 X2 416-927-0080 • from $500,000 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 Post House Condominium 416-964-2777 • from $350,000 Chaz Yorkville Condos 416-922-0045 • from $400,000 12 Degrees 416-408-1200 • from $350,000 The Berwick 416-922-9425 from $280,000 The Mercer 416-597-6940 • from $350,000 Imperial Plaza 416-925-2501 • from $986,000 Yorkville Plaza 416-966-3003 • Yorkville Plaza II 416-966-3003 • 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 $300,000 thirtytwo Camden 416-860-0060 • from $240,000 8 Gladstone 416-690-9009 • from $335,000 133 Hazelton Residence 416-926-9900 • 210 Simcoe 416-217-0210 • from $420,000 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 30 Roe 416-915-3812 • from $397,000 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 $347,000 SIXTY Colborne 416-601-0060 • from $300,000 SIXTY Colborne 416-598-7775 • from $300,000 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 416-546-6355 • from $280,000 TEN93 Queen West 905-326-4100 • from $280,000 Smart House 416-292-0219 • from $442,000 Duke Condos junctionlife.ca King Charlotte 416-368-5262 • from $416,000 Theatre Park 416-368-5262 • from $537,000 FWD at Concord CityPlace 416-813-0999 • •
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
Finder 15D 15I 18k 25B 17m 17M 15H 14E 19L 9k 14L 17k 17k 11L 13N 12H 9L 18D 16J 16M 15I 15L 14J 15J 18N 18N 15L 15J 17I 14M 14M 19L 14B 13J 13M 16J 16J 14M 9I 9I 9I 14K 14G 14G 14D 16M 23G 18K 17M 18L 18L 18L 13i 14D 20J 15M 15M 13M 17N 18L 18L 13N 15I 15I 14J 17M 17M 9j 9J 14M 17L 14i 14i 14i 15K 15K 18J M14 15M 16J 16J 16m 17M 12N 5L 5L 14M 15I 16J 16J 16L 16J 15L 14E 15M 15I 15I 15I 17M 17M 17M 15L 15L 15L 23J 15G 17L 4H 14L M12 14I 15M 15J 15J 12H 12H 14D 19K 14F 14M 14M 14E 16M 16M 12M 15M 14O 16L 16L 16L 12M 9L 18L 9L 12F 12F 15L 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
# 25 26 27 28 29 29 31 32 33 36 37 38 38 39 40 41 42 43 44 45 46 47 48 50 51 51 52 53 54 55 55 56 57 59 61 62 63 64 66 66 66 69 70 70 71 72 73 74 76 77 77 77 78 79 81 83 84 85 88 94 101 102 103 103 104 106 106 109 109 110 114 117 117 117 118 118 120 122 124 126 126 128 129 130 131 131 133 134 135 135 137 140 141 142 148 149 149 149 151 151 151 153 153 153 154 155 157 162 165 170 173 175 179 179 184 184 185 186 188 189 191 192 195 195 197 198 199 200 200 206 207 210 215 217 217 217 218 219 220 221 223
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torontoregionalmaps: North York
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
100
#
Builder
1 6 7 12 13 13 16 16 19 40 96 121 123 1 2 3 3 4 4 5 6 6 6 6 8 9 10 10 10 11 14 15 17 18 21 25 25 28 33 37 50 50 95 96 96 96 101 122 122 122 124 125 128 128 130 132
Fram Building Group Concord Adex Fram Building Group Ghods Builders Inc. Castle Group Developments Liberty Development Corp. Urban Capital Alit Developments Madison Homes Menkes Developments Inc. ELAD Canada Liberty Development Corp. Brandy Lane Homes Concord Adex Torbel Group YYZed Project management Tiffany Park Homes Tridel Corporation Tridel Corporation Lindvest Concord Adex Concord Adex Concord Adex Concord Adex Conservatory Group Sorbara Group Bazis Inc. metropia Plaza Castle Group Torbel Group Phantom Developments Chestnut Hill Development Kubo Developments Tridel Corporation Context Development Inc. metropia Tridel Corporation Castle Royale Development Norstar Group of Companies MintoUrban Communities Inc. Devron Developments Aspen Ridge Homes ELAD Canada ELAD Canada ELAD Canada 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
128 Connect Condos connectfairview.com 93 Omega On The Park 416-813-2999 • • 28-29 SOUL mysoulcondos.ca from $250,000 93 5959 Yonge Street 416-222-5959 • from $289,000 26 Vida at Bayview Village 416-304-1212 from $200,000 52 The Village Residences www.VillageResidences.ca • 35 The Ravine 416-850-2489 • • from $250,000 47 The Ravine 416-850-2489 • • from $250,000 47 Briar Hill madisonhomes.ca • • from $350,000 56-57 Gibson Square 416-730-9722 • from $837,000 Insert The Colours of Emerald City coloursofemeraldcity.com • from $250,000 69 World on Yonge CondoHomeShow.ca • from $284,000 37 The Station 416-398-9777 • from $305,000 24 Opus 416-813-2999 • • The Avanti Condominiums 416-636-0400 from $390,000 VISTO vistocondos.ca from $220,000 Westhaven 416-792-6655 • from $633,000 Hullmark Centre 416-733-2883 • from $524,000 Aristo at Avonshire 416-730-0300 • from $383,000 The Brownstones at Westown lindvest.com from $330,000 Tango at Concord Park Place 416-813-2999 • • from $236,000 Discovery at Concord Park Place 416-813-2999 • Discovery II at Concord Park Place 416-813-2999 • • from $210,000 Tango2 at Concord Park Place 416-813-2999 • from $265,000 Pearl 2 Condominiums 416-512-1818 • Beacon beaconcondos.ca • from $290,000 Emerald Park 416-221-8802 • from $188,000 Emerald Park 416-221-8802 • from $188,000 Emerald Park 416-221-8802 • from $188,000 Insignia Residences at Bayview Village 416-304-1212 from $350,000 Diva Condo DivaCondo.com from $225,000 Tea Garden Condos teagardencondos.com • from $250,000 Lotus Condominiums 416-222-8338 • from $299,000 Marquette Urban Towns 416-551-9767 • from $300,000 Argento 416-663-1818 • from $562,000 The Yorkdale Condominiums 416-781-9990 • from $170,000 The Yorkdale Condominiums 416-781-9990 • from $170,000 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 88 416-915-3805 • from $330,000 Flo Condominiums 647-799-0356 • from $250,000 Scenic on Eglinton 416-805-1781 • Emerald City Condominiums 416-492-0001 • from $250,000 Dreamtower At Emerald City 416-492-0001 • from $248,000 Biyu Emerald City biyucondos.com • from $250,000 Posh Condominiums 905-771-0134 • from $544,000 Treviso Condominiums 416-787-8882 • from $203,000 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 24C 22C 25C 18A 20D 20D 25E 25E 12F 17C 24C 18A 12D 22C 17C 8E 23G 18D 18D 4C 22C 22C 22C 22C 17C 17C 17C 17C 17C 20C 11C 19C 19C 14E 22e 12E 12E 25D 17B 13C 18c 18c 23G 24C 24C 24C 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
7
8
17
18
19
20
Passmore Ave Humberline Dr l Rd
44
34 Bloor St W
35 Queensway
22
46
Gardiner Expressway Evans Ave 2
Horner Ave
h * Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
50 8 5 51
65
25
70
Park Lawn
QEW
16
Royal York Rd
Dundas St W
7
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
d
Rathburn Rd
21
9
*TH: Townhomes, C: Condo
ett R
12 Etobicoke
409
Scarborough
Site Islington Terrace Sail Condominiums The KIP District Lago Humber Mews Harmony Village Terrace on Danforth Waterscapes Imagine Condos On The Go Mimico The Academy The Academy Nautilus at Waterview The Epicurean Altitude One Sherway Condominiums One Sherway Condominiums Hunt Club Terrace Cloud 9 Condominiums Cloud 9 Condominiums Guildwood Richview Jasmine Condominiums Residences at The Hunt Club Three Seven Condos & Lofts Key West Condominium Royal York Urban Towns Centro Dwell City Towns Eleven Superior Watermark Joy Condos Encore Triumph at Valhalla Parc Nuvo at Essex West Village IQ Condos Phase 2 Vivid Condos Connexion at Islington Westwood Condominiums Avani At Metrogate Avani 2 At Metrogate Jade Condominiums Nature’s Path 2150 Condos Haven On The Bluffs Lexington South Shore Qube Condos Me Condos
Scarl
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Dixon Rd
Ranforth Dr
Centennial
Manse Rd
Galloway Rd
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Builder Tridel Corporation Opearl Developments Concert Properties Monarch Corporation Menkes Developments Inc. Citycore Liberty Development Corp. Monarch Corporation Insoho Developments Stanton Renaissance Devron Developments Lemine Investment Group Monarch Corporation Monarch Corporation Conservatory Group Great Gulf Menkes Developments Inc. Wilkinson Developments Lash Group of Companies Carttera Scollard Development National Homes Averton Homes Infinity Developments Esquire Homes Times Group Corp. ICON Homes Henderson Development Limited Menkes Developments Inc. Davies Smith Queenscorp Residences Gemterra Monarch Corporation Edilcan Development Corp. Tridel Corporation Tridel Corporation Remington Group Pemberton Group North Star Homes Alterra Homes/Finer Space Tridel Corporation Tridel Corporation Phantom Developments Your Home Developments VHL Developments Ltd. VHL Developments Ltd. Royale Grand Woodbine Developments MintoUrban Communities Inc. First Avenue Properties Lash Group of Companies
26
Islington Ave
le
Kipling Ave
Martin Grove Rd
xd a
10
27
2A
Sy
28
25
1
15 60
24
Rd
62
East Ave Port Union Rd
Orton Park Rd
Markham Rd
Scarborough Golf Rd
n
sto
ion
23
Finch Ave W
401
11 n Av
Ki
Alb
Re
14
# 8 13 16 18 22 23 28 39 1 2 3 3 4 5 6 7 7 9 10 10 11 12 13 14 15 17 19 20 21 24 25 26 29 34 35 44 46 50 50 51 55 55 56 60 61 61 62 65 70 71
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Beare Rd
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15
e
* Due to scale restrictions, locators are d 1 see builder’s ads approximate. Please n R for sto exact locations. ng
Victoria Park
g
McCowan Rd
Brimley Rd
Lawrence Ave E
St. Clair Ave
n Dr
orto
Brim
Eglinton Ave E
f
71
Bellamy Rd
Kennedy Rd
Warden Ave
Birchmount Rd
Pharmacy Rd
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61
Progress Ave
29 20
14
Sheppard Ave E
Morrish Rd
55
Ellesmere Rd
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401 Midland Ave
401
Milner Ave
Conlins Rd
13 23
13
Meadowvale Rd
Sheppard Ave E 26
Ave
Morningside Ave
evin
McL
12 Reesor Rd
Huntingwood Dr
c
11 Sewells Rd
Finch Ave E
b
10
Neilson Rd
McNicoll Ave
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Tapscott Rd
McCowan Rd
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6 19 24 17 18
4 39
Lakeshore Blvd W
Telephone TH* C* Price Range Page Finder 416-645-8862 • from $250,000 IFC 23F sailcondos.ca • from $200,000 91 2C thekipdistrict.com • from $233,000 58 22F 416-495-3544 • from $250,000 Insert 25c 416-259-2525 • from $550,000 Insert 20H 416-493-0123 • 97 2C CondoHomeShow.ca • from $260,000 37 2G 416-495-3544 • from $400,000 Insert 26H 416-367-7303 from $235,000 4F 647-692-8417 • from $250,000 23H academycondos.com • from $220,000 10D academycondos.com • from $220,000 10D 416-203-6636 • from $400,000 25H 416-495-3530 • from $250,000 24F 416-321-1659 • from $230,000 25H 416-695-3535 • from $280,000 20G 416-695-3535 • 20G 416-698-3020 • 2H 416-747-0199 • from $230,000 22B 416-800-0812 • from $230,000 22B 416-266-3655 • from $200,000 8F 416-746-1234 • from $570,000 23D 416-702-1234 • from $250,000 2C 416-699-1711 • from $300,000 2G esquirehomes.ca • from $210,000 12D keywesttorontocondo.com from $320,000 25H 416-901-0206 • from $220,000 24H 416-296-1898 • from $185,000 5D 416-259-2525 • from $390,000 20F 416-259-8882 • from $300,000 24H 416-354-2221 • from $350,000 23H joycondos.com • from $220,000 4c 416-495-3544 • 6D 416-233-5554 • from $250,000 21F 416-231-0999 • from $456,000 22g 416-620-1887 • from $290,000 20F 416-253-5838 • from $170,000 23G 416-239-8200 • from $250,000 23F northstarhomesinc.com • from $320,000 23F 416-239-9888 • from $250,000 23F 416-293-5535 • from $240,000 4C 416-293-5535 • from $220,000 4C 416-762-8818 • from $293,000 25G 416-745-6686 • • from $270,000 11E 416-750-2150 • 3E 416-2611-9555 • from $160,000 3E 416-638-8444 • from $240,000 21C 416-913-2136 • from $350,000 22H 647-351-7823 • from $200,000 24G 416-430-0003 • from $250,000 8D 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
101
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waterfrontmaps: Toronto
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
102
#
Builder
Site
1
Menkes Developments Inc.
Telephone
TH* C*
Price Range
•
from $350,000
Harbour plaza
416-591-7700
15 The Daniels Corporation
Daniels Waterfront
416-221-3939
18 URBAN CAPITAL
RC3
416-862-0505
58 GREAT GULF
Monde
416-466-8885
• • from $320,000
60 CANALFA GROUP
Liberty Central by the Lake Two
416-537-0047
2
Concord Adex
FWD at Concord CityPlace
416-813-0999
3
Concord Adex
Quartz at Concord CityPlace
3
Concord adex
4 4
Page
Finder
Insert
14F
• from $280,000
15
16F
• from $220,000
45 16F 25
17E
62-63
11F
• •
13F
416-813-0999
• •
12F
ParadeTWO Park Collection at Concord CityPlace
416-813-0999
• from $308,000
15M
Monarch Corporation
Nautilus at Waterview -
416-203-6636
• from $400,000
25H
tridel corporation
Aqualina at Bayside Toronto
416-514-2710
•
16E
4 tridel corporation
AquaVista at Bayside Toronto
416-514-2710
• from $1,000,000
16E
5
Cresford Development Corp.
NXT at Windermere By The Lake
416-977-5300
• • from $350,000
11f
5
Cresford Development Corp.
NXT2/Phase Two
416-977-5300
• • from $210,000
4E
8
CONCORD ADEX
Spectra at Concord CityPlace
416-813-0999
• •
14F
10 Great Gulf
Twenty Lombard
416-499-8883
• from $492,000
16K
11 CAMROST FELCORP
California Condominiums
sunsetcondos.ca
• from $242,000
25G
18 URBAN CAPITAL
River City 2
416-862-0505
• from $276,000
16F
29 Pinnacle International
33 Bay Residences at Pinnacle Centre
416-925-3325
• from $375,000
15F
*TH: Townhomes, C: Condo
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
• from $250,000
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to 416-789-9554
Price Range
og
Scug
Manvers
Page
Finder
Scugog
• from $400,000
Insert
416-495-3544
• from $300,000
Insert Newcastle 24c
• from $320,000
Bu
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1
windcatcher development corp.
Atwater Condos
2
Stanton Renaissance
3
4
Oshawa
13B
1 406-7
25B
905-271-5038
• from $280,000
12C
On The Go
647-692-8417
• from $250,000
23C
Davies Smith
Eleven Superior
416-259-8882
• from $300,000
23C
DUnsire Developments
Anchors at Lakeview
905-990-1745
• from $420,000
13B
5 Davies Smith
Hearthstone by the Bay
416-259-4466
•
24C
8
San Francisco By The Bay
905-831-3631
• • from $180,000
23J
Watermark
416-354-2221
19D
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
Phillip M
416-495-3544 48
Whitby
• from $350,000
Park Rd S
TH* C*
Lake
Bloor St
S
Whitby 7 Waterfront
Stevenson Rd
W entworth St
Lindsay
Uxbridge
Gibb St
Park Rd S
Up
King St WBond St
Thornton Rd
Blair St
8
401
AdelaideAve
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to 416-789-9554
Centre St.
Garrard Rd Kendalwood R
n
Manning Rd
Hopkins St
Brock St S Henry St Gordon St
Garden StBlair St
Dundas St E
King
Schomberg
Rossland Rd
waterfrontmaps: GTA
ia lD r
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W Rd
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Telephone
416-503-3328
*TH: Townhomes, C: Condo
Si
Stevenson Rd
Taunton Rd W
Town of Whitby
Ajax-Whitby
48
Eau Du Soleil - Waterfront Condominiums
25 queenscorp residences
To Os
Thornton Rd
Brock St N
McQuay
Townline Rd
Bu
Garrard Rd
Thickson Rd
Garden St
Baldwin St S
Country Lane
Conlin Rd
Rossland Rd
Cannington
28 empire communities
chestnut hill development
Stevenson Rd
Rd
Baldwin St N
RoyalYork Rd
Park Law n Cedarbrook T
Du ffs Rd
Ashburn Rd
Cochrane
Coronation R
Lakeridge Rd
Keswick
Bradford Tecumseth and Waterscapes Tottenham
9
Country Lane
Halls Rd N
Georgina
400
9 Riva Del Lago
Church St E
18
3
25
Bayly St E Georgina Island 33 caygeo Bob
East Gwillimbury Further North Waterfront
Adjala
18 Monarch Corporation
Lake Ridge R
10
Mono
Audley Rd
Shelburne
Audley Rd
11 Monarch Corp.
Sim
Alliston,
Beeton, Site
89
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Shoal Point Rd
Montgomery F
2
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Pickering Beach Rd
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Barrie
25
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Kingston Rd
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24
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Magill Dr
93
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Ro
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SheppardAve Rd on 24 ingst K
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23
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
Delaney Dr
400
21 22
Brawley Rd Bloor St W
Salem Rd
Vespra 401
20
Columbus Rd
Fifth Conces 12 11 9
Harwood Ave
Stroud's
Wasaga Beach
19
D undas St W
Salem Rd
Glenanna Rd
18
Mississauga Taunton Rd E Waterfront Orillia
Rossland Rd
27
Myrtle Rd W Rathburn Rd
6 Concession
W estney Rd N
3 Concession
7
Greenwood Rd
Rd
69
Ke rr St
17
Bracebridge
27
W QE
tti ng 6 ill FinchhAve Ga te Highview Rd
Rd
Church St S
No
4
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Oakville
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400
Notion Rd Riverside Dr
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103
CONDO WATCH
9 5 Builders: If you would like to include your preview registration, new release or site opening in this feature, just email the details to Lydia.McNutt@ypnexthome.ca
new releases & grand openings
previews & registrations
PACE ON MAIN By Geranium Homes
THE ARBORS CONDOMINIUMS By Brookfield Residential
Now open, one-, two- and three-bedroom suites in Stouffville’s only boutique condominium; just 10 minutes north of Markham. Web: PaceOnMain.com
Live an A-list lifestyle in an A-list location in Aurora. Register now for A-List Access to exclusive updates and your VIP Preview Invitation. Web: LiveArborsCondos.ca
OAKVILLAGE By Minto, Branthaven and Emshih
BLOCK NINE By Amacon
Now open: master-planned townhome community coming to Dundas Street East and Trafalgar Road. Web: Oakvillage.ca
LEGACY PARK By Liberty Development Corp. Live in Thornhill’s most connected community at Bathurst and Centre Street. Web: LegacyParkCondos.com
URBAN TOWNDOMINIUMS By Rosehaven Homes Grand opening continues at these sensational homes located at Mississauga Road and Sandalwood Parkway. Web: RosehavenUrban.com
HOT CONDOMINIUM By Great Gulf Phase 3 final release of this stylish boutique condominium is now on sale at Winston Churchill and Eglinton. Web: GreatGulf.com
THE CRAFTSMAN CONDOMINIUM By Vandyk New sales centre and model suite now open. Check out these artisan-inspired condo residences, coming to Clarkson Village. Web: CraftsmanCondo.com
PINNACLE GRAND PARK 2 By Pinnacle International Brand new suites are now on sale at Pinnacle Grand Park 2, the newest addition to Mississauga’s skyline. Web: PinnacleGrandPark.ca
Coming soon to the heart of Mississauga. Register now to secure your spot. Web: LifeatParkside.com
SENSES CONDOMINIUMS By Empire Communities Senses is the latest release at Empire’s successful Rain community at the bustling intersection of Speers Road and Kerr Street in Oakville. Register for VIP access. Web: SensesCondos.com
UNIONVILLE GARDENS By Wyview Group Gracious living coming soon to Hwy. 7 and Village Parkway. Register for your private appointment. Web: UnionvilleGardens.com
AMBER By Pinnacle International Condominium residences coming soon to Pinnacle Uptown, in Mississauga’s Hurontario and Eglinton neighbourhood. Register today. Web: PinnacleUptown.com
VILLE CONDOMINIUMS By Forest Green Homes Register now for the best of urban living and small-town charm, right in the heart of Streetsville in Mississauga. Web: VilleCondos.ca
THE SORRENTO By Armour Heights Developments Register now for this four-storey condominium offering European-style living in Richmond Hill. Web: TheSorrento.ca
THE MET CONDOS By Plaza The Met takes comfort and luxury to a whole new dimension. Web: TheMetCondos.com
104 NEW CONDO GUIDE JUL 4 - AUG 1, 2015
GTA Edition July 4 – August 1, 2015
Your complete source for condos, lofts and townhomes in the GTA
IN THIS SECTION Maps and listings for new condo communities in the 905 region Builder news and the latest in condos in the 905 JUL 4 - AUG 1, 2015 NEW CONDO GUIDE 105
IN THE NEWS
Empire Communities reaches new heights at Rain Condos in Oakville
E
mpire Communities has marked a significant milestone in construction at its Rain Condos in Oakville. Empire celebrated construction reaching the top of the building with a toppingoff event that saw guests ride a construction elevator to the top level to take in the views of surrounding Oakville. “Rain has already proven to be Oakville’s most successful condo community,” says Paul A. Golini Jr., co-founder and executive vicepresident, Industry Relations. “The success of Rain Condos is a testament to the trust that purchasers have in the communities we build, and we’re excited to mark this occasion and bring to life our first project in Oakville.” Rain is a dynamic, urban design of two towers at 19 and 21 storeys, connected by a five-storey podium. The master-planned community located on the northeast corner of Kerr Street and Speers Road will become the northern gateway to the vibrant, revitalized Kerr Village. Elegant suites range from functional studios to luxurious two-bedroomplus-den layouts. Senses Condos is the latest release of Empire’s successful Rain Community. Architects Enzo Corazza and Domenic Biase, from the award winning firm Graziani + Corazza, designed the community to provide suites with maximum access to sunlight and panoramic views, while
106 NEW CONDO GUIDE JUL 4 - AUG 1, 2015
Executives from Empire Communities and partners celebrating the topping off – a milestone in the construction of Rain Condos in Oakville
also giving residents privacy. All suites feature expansive glass balconies or terraces and high-quality features and finishes. Amenities at Rain Condos epitomize the benefits of a carefree lifestyle with a 24-hour concierge, indoor pool, exercise room, and a yoga and Pilates studio. Residents will enjoy entertaining guests in the beautiful party room highlighted by a soothing linear fireplace. There is a full kitchen and private dining area, and a landscaped rooftop terrace complete with privacy cabanas, a barbecue and seating areas. The entertainment room is perfect for meeting with friends or just relaxing after a long day’s work. Located in the revitalized Kerr Village, residents will experience an eclectic array of quaint shops and upscale restaurants. To the south is the charm of historic downtown Oakville with designer clothing destinations, charming cafes and gourmet restaurants. For those commuting outside of Oakville, the Oakville GO Transit and Via Rail stations are within walking distance with the commute to Union Station in downtown Toronto taking no more than 45 minutes on the GO Train. The transit-rich location also offers quick access to the QEW. Prices for suites at Rain and Senses start from $229,990. Learn more at empirecommunities.com, or visit the presentation gallery at the corner of Kerr St. and Shepherd Rd., or call 905.845.7246.
NOW OPEN IN THE HEART OF DOWNTOWN BURLINGTON
B URLINGTO N
HOTEL INSPIRED
CONDO LIVING Located on Maria Street, a nice quiet residential tree-lined neighbourhood area right downtown, The Berkeley is away from the hustle and bustle of the lakeshore yet within easy walking distance of all downtown Burlington’s shops, restaurants and entertainment.
SALES CENTRE HOURS: MON-THURS 4 PM-8 PM SAT & SUN 1 PM-5 PM CLOSED FRIDAYS
SALE S CEN TR E: 2107 OLD LA KESHOR E R OA D, L7 R 1A 4
905-637-3885 • theberkeleycondo.com Prices and specifications are subject to change without notice. E. & O.E. Rendering is artist’s concept.
NEIGHBOURHOOD PROFILE
Mississauga City Centre By Lydia McNutt
F
orty years ago Mississauga was little more than farmland. Today, it is among the fastest-growing areas of the GTA. And while for downtown Torontonians, this west-end ‘hood may still be considered a sleepy suburb, Mississauga City Centre is far from it. And like any notable “downtown,” the area boasts eye-popping architecture in the form of the Absolute World towers, whose sultry silhouettes have made their mark on Mississauga’s skyline, and the international architectural stage. The first thing that jumps out at you as you stroll the streets of Mississauga City Centre are its gleaming glass towers which mingle with lush, leafy trees on the jagged skyline. While you may need a car to get here (unless you’re lucky enough to call it “home”), once you’re here you’ll find that downtown Mississauga is highly walkable and livable, with employment, shops, services, dining and entertainment within a short stroll. For trips further afield, Mississauga City Centre is also a public transit hub, and also boasts easy access to Hwy. 403, the 401 to the north and the QEW to the south. The vibe Mississauga Village Centre immediately evokes the feel of a new city, reflected in glistening glass towers (and seemingly ever-present cranes and construction), young trees lining the streets, and the young residents to match – ‘new’ either in age, or in Canadian residency. Meet the neighbours Young single professionals, ‘new’ couples just starting out, downsizers and empty-nesters, as well as some small families (think one kid and a little dog). Culturally speaking, it’s a pot pourri. In the area The neighbourhood boasts some of Mississauga’s better-known landmarks, like Square One Shopping Centre, the Living Arts Centre and Celebration Square. It’s also home to a wide range of cultures which 108 NEW CONDO GUIDE JUL 4 - AUG 1, 2015
FAST FACTS Average household income: $125,503 Family structure: 40% families, 35% couples, 25% singles Own or rent: 93% own versus 7% rent On the tube: Suspense/crime dramas, movies, news/current affairs On tap: Coors Light (21%), Stella Artois (18%) and Alexander Keith’s (17%) Source: Environics
flavour its leisure landscape with a veritable world-tour of restaurants and festivals to take in. Planes, trains and automobiles The City Centre Transit Terminal is the hub for Mississauga’s MiWay public transit. You can also catch a Zum bus into Brampton, or connect to the TTC Islington subway station. GO Transit from the Square One terminal takes you beyond the city limits. Driving? Hurontario is the living spine of the city, and Hwy. 403 marks the neighbourhood’s northern boundary. Dollars and sense Mississauga is still relatively affordable when you compare its downtown real estate to that of Toronto. And the gap between lowrise homes is even greater. Aside from price, you get more bang for your buck out west, where the homes generally offer more square footage than its Toronto counterparts. Visit YPNextHome.ca for more photos and neighbourhood profiles.
HOW HOW WOULD HOWWOULD WOULD YOU YOU SPEND YOUSPEND SPEND
$$20,000? 20,000?
***
FOR A LIMITED TIME: FOR FORAALIMITED LIMITEDTIME: TIME:
BUY BUY NOW BUY NOW NOW
AND AND RECEIVE ANDRECEIVE RECEIVE *** $$$20,000 20,000
WINTER GARDEN WINTER WINTERGARDEN GARDEN
GRAND SUITE GRAND GRANDSUITE SUITE
FROM $$$306,990 LUXURY FROM LUXURY CONDOMINIUMS 306,990 LUXURYCONDOMINIUMS CONDOMINIUMSFROM 306,990
Under Under construction with Winter 2015 occupancy Underconstruction constructionwith withWinter Winter2015 2015occupancy occupancy VISIT OUR SALES CENTRE: 9612 YONGE STREET VISIT VISITOUR OURSALES SALESCENTRE: CENTRE:9612 9612YONGE YONGESTREET STREET 905.907.4370 www.grandpalace.ca 905.907.4370 www.grandpalace.ca 905.907.4370 www.grandpalace.ca
YONGE ST.
HILLCREST MALL HILLCREST MALL
BAYVIEW AVE. BAYVIEW AVE.
9612 Yonge Street
YONGE ST. YONGE ST.
9612 Yonge Street
WELDRICK 9612 RD. Yonge Street WELDRICK RD. HILLCREST WELDRICK RD.16TH AVE. MALL
BAYVIEW AVE.
MAJOR MACKENZIE DR. MAJOR MACKENZIE DR. MAJOR MACKENZIE DR.
16TH AVE. 16TH AVE. 407 407 407
Prices & specifications subject to change without notice, E. & O. E. Prices & specifications subject to change without notice, E. & O. E. PricesTime & specifications subject to change without notice, E. & O. E. *Limited offer. See Sales Representatives for full details. *Limited Time offer. See Sales Representatives for full details. *Limited Time offer. See Sales Representatives for full details.
JUL 4 - AUG 1, 2015 NEW CONDO GUIDE 109
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* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
Ki
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Site
Telephone
TH* C*
Price Range
Block Nine
905-273-9333
•
17 Pemberton Group
Downtown Erin Mills Condominiums
905-630-6300
•
20 Carriage Gate Homes
Page
Finder 81
20L
from $300,000
9
18M
The Berkley Downtown Burlington theberkeleycondo.com
•
107
5M
34 Pinnacle International
Pinnacle Uptown
•
5
19K
1
Vandyk Communities
The Craftsman
from $310,000
21N
2
Windcatcher Development Corporation
Atwater Condos
905-271-5038
•
from $280,000
24L
3
Castleridge Homes
The Clairington
905-793-0002
•
from $230,000
16E
3
Pinnacle International
The Marquee Townhomes on the Park
905-568-9000
•
from $700,000
20K
4
Conservatory Group
Mirage
905-232-2400
•
from $270,000
20K
6
Forest Green Homes
Ville Condominiums
from $220,000
16L
7
Great Gulf
HOT
905-828-4257
•
from $330,000
16M
8
Fernbrook Homes
Absolute World
416-869-6057
•
from $188,000
21k
8
Cityzen
Absolute World
416-869-6057
from $188,000
21K
9
Empire Communities
Senses Condominiums
905-845-7246
•
from $230,000
17Q
10 AMACON
The Residences at Parkside Village
905-273-9333
•
from $,000
21K
12 Alterra Homes
Renaissance in Olde Brampton
416-710-1010
•
from $490,000
13H
14 Pemberton Group
Rosedale Village Golf & Country Club
905-799-5000
•
from $346,000
13F
15 ADI Development Group
Link2 Condos+Lofts
905-592-2028
•
from $195,000
5M
16 Vandyk Communities
Windows on the Green
905-822-3333
from $300,000
19N
18 Retirement Lifestyle Communities
Palisades on the Glen
905-820-8210
•
from $290,000
18N
21 Casino Bay Dev. Corp./Toddglen
Panoramic Point at Brewery Bay
1-866-611-5525
•
from $264,000
7Q
27 Inzola Group
Park Place
905-451-7001
•
from $310,000
14H
30 Pinnacle International
Pinnacle Grand Park 2
905-276-3981
•
from $200,000
20L
30 Pinnacle International
Pinnacle Grand Park
905-276-3981
•
from $300,000
20L
32 Armour Heights Developments
River’s Edge
905-533-2400
•
from $285,000
14A
35 Ashley Oaks Group
Emporium at Joshua Creek
905-618-0660
•
from $200,000
17O
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
45 Empire Communities
Rain Condominiums
905-845-7246
•
from $200,000
17Q
46 Mattamy Homes
The Mount Pleasant Village
mattamyhomes.com
•
from $200,000
20K
47 The Daniels Corporation
Daniels Erin Mills
905-306-6996
•
from $250,000
17M
*TH: Townhomes, C: Condo
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
905-568-9000
craftsmancondos.com
villecondos.ca
•
•
•
from $250,000
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
#
111
1
A
2
3
4
5
6
7
8
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10
11
12
13
14
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* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
16
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32 Liberty Development Corp.
Royal Gardens
43 Guizzetti Developments
Grand Palace
Telephone
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Leslie St
Leslie St
112
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Kirby Rd
N ashville Rd
W eston Rd
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Cold Cree k Rd
12 Line Rd
King-Vaughan Rd
Tow n of Ajax
City of Pickering
Yonge St
6
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King Rd
23
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Price Range
Page
Finder
905-731-8302
•
from $265,000
36
CondoHomeShow.ca
•
from $303,000
37
10g 15F
905-907-4370
•
109
12E
•
1
Monarch Corporation
Garden Court
416-495-3595
from $400,000
16D
2
Flato Development
Arthouse Condos
905-554-8722
from $200,000
22D
3
Tribute Communities
Varley
905-604-1477
•
from $520,000
19F
4
Tridel Corporation
Renaissance of Richmond Hill
416-736-9500
•
from $740,000
14E
5
Lindvest
Grand Cornell Brownstones in Markham
905-294-6161
from $340,000
23F
6
Armour Heights Developments
The Sorrento
289-637-1777
•
from $390,000
13B
7
MintoUrban Communities Inc.
WaterGarden
416-915-3800
•
from $369,000
12F
8
Wyview Group
Unionville gardens
•
18F
unionvillegardens.com
10 Great Lands Corp.
The Beverly Hills Resort Residences
11 Triaxis Development Inc/Marino Developments
Courtyards of Maple
416-798-7070
•
from $390,000
7D
12 Greenpark Homes
UV2
905-554-6501
•
from $253,000
22F
14 Remington Group
The Signature Condominium
905-948-9900
•
from $300,000
18F
14 Remington Group
Model Suite of the Month
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
2F
22 Wycliffe Homes
Fairground Lofts
905-605-5900
•
from $340,000
2F
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
Sky City
905-709-5700
•
from $320,000
12F
31 Pemberton Group
Sky City 2
905-709-5700
•
from $320,000
12F
32 Signature Communities
TAO Boutique Condos
905-597-2535
•
from $200,000
15F
33 Pemberton Group
Miracle at Yonge
905-709-5700
•
from $280,000
12F
34 Sierra Homes
68 Main Street
905-305-0822
•
from $250,000
21E
40 Nova Trimax
Allegra
905-850-6866
•
from $250,000
1F
41 Quadcam Development Group Inc
Vista Parc Condominiums
905-850-8883
•
from $260,000
3F
44 Liberty Development Corp.
Centro Square Condos 2
905-851-8877
•
from $399,000
5F
45 Kylemore Communities
The 6th Angus Glen
905-887-9950
•
19E
46 Empire Communities
The Mark
905-554-5015
•
22E
*TH: Townhomes, C: Condo
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
905-882-6636
•
•
from $250,000
from $250,000
12E
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554
HOMEBUYERS’ HELP
condo buyers’ resource section YOU LOVE THE CONDO, SEE WHAT YOU CAN AFFORD! Compare mortgage rates for your best deal Calculate your mortgage payments
JUL 4 - AUG 1, 2015 NEW CONDO GUIDE 113
HOMEBUYERS’ HELP
Calculate your mortgage payments interest rate
amortization period
chart figure
mortgage amount ÷ 1,000
monthly payment
EXAMPLE: 5%
25 YEARS
5.82
125 (MORTGAGE AMOUNT $125,000)
$
Follow these steps to see if you’ll qualify for a mortgage on your dream condo 01 Determine the
03 Choose your desired
04 At the intersection of
appropriate five-year fixed mortgage rate, which is easiest to qualify for.
amortization period across the top of the table (25 years has lowest payment and is easiest to qualify for firsttime homebuyers).
the column and row is your mortgage payment per month per $100,000 borrowed.
02 Look down the left column of the table on the opposite page to find the rate (rounded to the nearest 1/4 per cent).
114 NEW CONDO GUIDE JUL 4 - AUG 1, 2015
Bear in mind that this is a rough estimate. If you have several other large loans already, you may qualify for less. Also, banks and trust companies vary in their policies. The best way to know what you can afford is to go to the lending institution of your choice and get pre-qualified.
Mortgage payment calculation chart
%
INTEREST RATES
Amortization Periods 15 YEARS
20 YEARS
25 YEARS
30 YEARS
2.50%
$666
$529
$448
$394
2.75%
$678
$541
$461
$407
3.00%
$690
$554
$473
$421
3.25%
$702
$566
$486
$434
3.50%
$714
$579
$499
$448
3.75%
$726
$591
$513
$461
4.00%
$738
$604
$526
$476
4.25%
$750
$617
$540
$490
4.50%
$763
$630
$553
$504
4.75%
$775
$644
$567
$519
5.00%
$788
$657
$582
$534
5.25%
$801
$671
$596
$549
5.50%
$814
$684
$610
$564
5.75%
$827
$698
$625
$579
6.00%
$840
$712
$640
$595
6.25%
$853
$726
$655
$611
6.50%
$866
$741
$670
$626
6.75%
$880
$755
$685
$642
7.00%
$893
$769
$700
$659
Table provided by Calum Ross, owner, president and principal broker at Calum Ross Mortgage. He can be reached at 416.410.9905, calum@calumross.com and calumross.com JUL 4 - AUG 1, 2015 NEW CONDO GUIDE 115
Ontario’s best source of real estate information to
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HIGHLIGHTING THE
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Highlighting the top builders and developers across the GTA
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HIGHLIGHTING THE top builders & new-home communities
EXPERT ADVICE Top tips to guide you through the homebuying process
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HOMEBUYERS’ HELP
Compare mortgage rates for your best deal CHARTERED BANKS
Variable
ATB Financial
2.35
Alterna Svgs/Alterna Bk
2.55
Bank of Montreal
2.85
Bank of Nova Scotia
2.85
Canadian Western Bank CFF Bank CIBC
2.85
ICICI Bank Canada Manulife Bank
2.9 2.55
6 Months 4 4.00op 4 6.30op 4 6.30op 4.55 6.45op 4 6.45op
6.70op
National Bank
n/a
President’s Choice Financial Royal Bank
2.5 2.85
TD Canada Trust
2.85
Tangerine
2.85
4.45 4.4 6.70op
6.30op
1 Year 2.94 4.00op 2.85 5.30op 2.89 6.30op 3.29 6.50op 3.14 6.30op 2.99 1.99 6.35op 3.15 3 3.35op 2.89 6.70op 3.14 6.30op 2.89 6.30op 3.19
2 years
3 years
4 years
5 years
2.64 4.00op 2.85
2.54
2.69
2.74
2.59
2.94
2.98
2.84
3.39
3.89
2.74
3.09
3.39
3.89
4.49
3.04
3.65
4.2
4.74
2.79 2.84
2.49 3.55
2.89 2.69
2.69 4.79
3.65 2.94
3.64 2.84
3.69 2.79
3.69 2.79
2.84
3.39
2.74
2.84
2.29 3.04
3.49 3.65
2.67 4.39
4.44 4.64
2.24
3.39
3.89
2.74
3.24
3.49
3.69
3.79
3.25 2.59
3.95 3.39
4.39 3.89
4.64 4.64
3.5
3.7
4.3
4.35
2.35 3.09
2.39 3.39
2.59 3.89
2.59 2.99
3.09
3.39
3.89
4.49
3.1
3.33
3.65
3.13
2.89
2.95
2.99
2.69
2.19 2.59
2.34 2.69
2.54 2.84
2.69 2.69
2.69
2.89
2.79
2.89
3.09
3.39
3.89
4.74
2.9
3.4
3.9
4.45
3.09
3.55
3.29
2.69
2.85
2.95
3.05
3.15
2.55
2.55
2.65
2.65
TRUST COMPANIES Community Trust Concentra Financial
n/a n/a
Effort Trust
n/a
Home Trust Company Investors Group Trust
2.35 n/a
MTCC
2.85
6.5 5 6.70op 4.45 6.30op 3.95 4.2 6.50op 4.55 6.45op
3.14 2.89 6.30op 3.35 6.30op 2.69 3.14 6.30op 3.29 6.50op
OTHER FINANCIAL INSTITUTIONS Airline Financial C.U.
4
Comtech Credit Union
2.45
First National Fin. LP FirstOntario C.U.
2.85
IC Savings
2.85
London Life
n/a
Luminus Financial
2.8
Meridian Credit Union
2.65
Parama Credit Union
2.65
Steinbach Credit Union
2.4
6.2 6.40op 3.1 6.34op 6.15 6.50op 4.2 6.50op
4
3.01 6.25op 2.89 6.30op 2.29 2.89 6.34op 2.89 6.50op 3.14 6.30op 2.95 6.25op 3.09 6.30op 2.8 2.95op 2.45
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 Prepared by http://www.FiscalAgents.com/mortgage/rates
JUL 4 - AUG 1, 2015 NEW CONDO GUIDE 117
index of advertisers Alit Developments - The Ravine
47
Liberty Development Corp. - Royal Gardens
37
AMACON - Block Nine
81
Liberty Development Corp. - Terrace on Danforth
37
Aragon Properties - Enigma on the Park
95
Liberty Development Corp. - The Village Residences
35
Aspen Ridge Homes - Studio on Richmond
51
Liberty Development Corp. - World on Yonge
37
Bazis Inc. - No1 Yorkville
3
Brandy Lane Homes - The Station
24
Brookfield Homes - The Arbors
75
Camrost - Felcorp - Blue Diamond at Imperial Plaza Canalfa Group - Liberty Central by the Lake - Phase One Canalfa Group - Liberty Central by the Lake Two
1 73 62-63
Capital Developments - 150 REDPATH
41
Carttera - One Eleven Condominiums & Lofts
89
Carriage Gate Homes - The Berkley Downtown Burlington
107
Castle Group Developments - Vida at Bayview Village
52
Children’s Discovery Centre - Come Play
85
Citycore - Harmony Village
97
Concert Properties - The KIP District
58
Concord Adex - Omega On The Park
28-29
Lifetime Developments - The Bond Condominiums Luxury Living Magazine - Promo Madison Homes - Briar Hill
Insert 60 56-57
Madison Homes - Zigg St.Clair West
53
Malibu Investments Inc. - Smart House
22
Menkes Developments Inc. - 365 Church
Insert
Menkes Developments Inc. - 87 Peter
Insert
Menkes Developments Inc. - Fabrik
Insert
Menkes Developments Inc. - Gibson Square
Insert
Menkes Developments Inc. - Harbour Plaza
Insert
Menkes Developments Inc. - Humber Mews
Insert
Menkes Developments Inc. - Pears on the Avenue
Insert
Menkes Developments Inc. - The Eglinton Yonge at Heart
Insert
Cresford Development Corp. - 1000 Bay
120
Mobile App - Promo
Cresford Development Corp. - CASA 2
IBC
Monarch Corporation - Lago
72 & 94 Insert
Dundee Kilmer Developments - Canary Park Condominiums
54
Monarch Corporation - Model Suite of the Month
Eden Shaw - Chaz Yorkville Condos
27
Monarch Corporation - Picasso on Richmond
Insert
ELAD Canada - The Colours of Emerald City
69
Monarch Corporation - Riva del Lago
Insert
Empire Communities - Eau Du Soleil Waterfront Condominiums
6-7
Monarch Corporation - Waterscapes
Insert
Family of magazines - Promo
116
Opearl Developments - Sail Condominiums
91
Pemberton Group - Citylights on Broadway
8
Pemberton Group - Downtown Erin Mills Condominiums
9
Pinnacle International - Pinnacle Uptown
5
Fernbrook Homes/Cityzen Dev. - 158 Front Condominiums
79
Fieldgate Homes - Zigg St.Clair West
53
Fram Building Group - 128 Connect Condos
93
Fram Building Group - SOUL
93
Freed - 150 REDPATH
41
Geranium Homes - Pace on Main
65
Ghods Builders Inc. - 5959 Yonge Street
26
Great Gulf - Monde
25
Great Gulf - One Bloor Residences
25
Great Gulf - Yonge+Richmond
25
Guizzetti Developments - Grand Palace
109
Plaza - Corporate
17
30-31
Rockport Group - The Nest
71
Solotex - Upper Beach Townes
86
T.D. Bank - Corporate
83
The Daniels Corporation - Daniels Waterfront
15
The Daniels Corporation - High Park Condominiums
23
The Daniels Corporation - One Park Place Condominiums
39
Tribute Communities - Stanley
61
Harhay Developments - One Eleven Condominiums & Lofts
89
Lamb Development Corp. - East Fiftyfive
59
Tridel Corporation - Islington Terrace
Lamb Development Corp. - The Harlowe
55
Tridel Corporation - SQ2
Lanterra Developments - Riverhouse at the Old Mill
19
Urban Capital - RC3
45
Lanterra Developments - Teahouse
13
Urban Capital - The Ravine
47
Liberty Development Corp. - Legacy Park
36
YP Next Home - Promo
IFC IFC & BC
119
Whether you’re renting or buying, finding your next home has never been so easy.
JUL 4 - AUG 1, 2015 NEW CONDO GUIDE 119
Built to diSQover. SQ2 is the second stage in a grand production that’s revitalizing one of toronto’s most iconic cultural landscapes. ideally located at Spadina and Queen, SQ2 is master planned living, reimagined. With spacious suites overlooking the cityscape and new green spaces – discover a fresh take on life in the city. Register now and discover why Vogue selected Queen West as one of the 15 coolest neighbourhoods in the world. Yes, the world.
Eight dEcadEs of homE building. ovEr 80,000 homEs built. tridEl communitiEs arE built grEEn. built for lifE.® *Price and specifications are subject to change without notice. Illustrations are artist’s concept only. Building and view not to scale. Tridel Built for Life®, Tridel Built Green. Built for Life.® are registered trademarks of Tridel and used under license. ©Tridel 2015. All rights reserved. E.&O.E. June 2015.
rEgistEr noW Visit the Presentation Centre 519 Queen Street West toronto, Ontario 416.661.1949
tridel.com
ACTUAL WEST VIEW FROM 22nd FLOOR
DESIGN. LOCATION. STYLE. PASSION. TRUST. The locations you love. The designs you desire. The details you demand. A Cresford condominium is luxury living defined. For over 40 years Cresford has been at the forefront of the luxury condominium market. The first developer in Canada to pair its condominium designs with international fashion labels, we set the standard for superb quality, trusted security and cutting-edge style.
COMING SOON REGISTER NOW! 416.485.3000 THECLOVERONYONGE.COM
YONGE & WELLESLEY UNDER CONSTRUCTION PENTHOUSES COMING SOON FURNISHED BY DIESEL LIVING 416.485.3000 VOXCONDOMINIUMS.COM
LIVE LARGE ON BAY STREET MOVE IN WINTER 2015 / SPRING 2016
YORKVILLE | UNDER CONSTRUCTION PENTHOUSES COMING SOON SUITES FROM THE HIGH $300’S 416.486.CASA (2272) CASACONDOMINIUM.COM
Spacious 1, 2 and 3-Bedroom suites with unobstructed views in the heart of downtown FROM THE HIGH $300’S 416.485.3000 1THOUSANDBAY.COM
YORKVILLE | UNDER CONSTRUCTION MOVE IN WINTER 2015 / SPRING 2016 PENTHOUSES FROM UNDER $1 MILLION SUITES FROM THE HIGH $300’S 416.486.CASA (2272) CASA2CONDOMINIUMS.COM
CONDOMINIUM GALLERY: 170 MERTON ST.
BROKERS PROTECTED. PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. ILLUSTRATIONS ARE ARTIST’S CONCEPT. E. & O.E.
INTRODUCING THE
SIGNATURE PENTHOUSE COLLECTION BY
LIMITED EDITION YORKVILLE PENTHOUSES AT 42 CHARLES STREET EAST FROM UNDER $1 MILLION FOR THE FULL STORY VISIT CASA2CONDOMINIUMS.COM BROKERS PROTECTED. PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. ILLUSTRATIONS ARE ARTIST’S CONCEPT. E. & O.E.
Built
for a grand opening. bloor strEEt WEst at islington subWaY station
Discover islington terrace, tridel’s new master planned condominium community just steps from the subway and minutes from islington Village plus the Kingsway on Bloor. Join us at our new Presentation Centre for the Grand Opening and tour the stunning designer model suite. Embrace the new spirit of living at Bloor and islington.
Eight dEcadEs of homE building. ovEr 80,000 homEs built. tridEl communitiEs arE built grEEn. built for lifE.® *Price and specifications are subject to change without notice. Illustrations are artist’s concept only. Building and view not to scale. Tridel Built for Life®, Tridel Built Green. Built for Life.® are registered trademarks of Tridel and used under license. ©Tridel 2015. All rights reserved. E.&O.E. June 2015.
grand oPEning Suites priced from the mid $200’s* Visit the New Presentation Centre 3326 Bloor Street West, Etobicoke 416.645.8862
tridel.com