GTA New Condo Guide - Aug 29, 2015 by NextHome

Aug 29 - Sept 12, 2015 Volume 19 Issue 16

ARRIVING THIS FALL! DANIELS IS CHANGING THE

WATERFRONT

FOREVER! SUITES FROM $279,900 DANIELSWATERFRONT.COM 416.221.3939

INSIDE THIS ISSUE

CASHING IN ON STUDENT CONDO RENTALS

LEGALLY SPEAKING: CLOSING COSTS 101

INSIDE YANIC SIMARD’S MIAMI RETREAT

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.

tridel.com

BLUE. LUXURY.

AN EXCLUSIVE COLLECTION OF LUXURY CONDOS FROM THE $300’S AND 3-STOREY URBAN TOWNS AT AVENUE ROAD AND ST. CLAIR AVENUE. Timeless and modern, Blue Diamond is distinguished by its rich heritage and outstanding location just steps to the subway, scenic Deer Park and elegant Forest Hill. Blue Diamond offers magnificent condominium suites with spectacular views, sophisticated amenities and a limited collection of 3-storey Urban Townhomes with impeccable features and appointments.

SALES CENTRE 1499 YONGE ST.

ST CLAIR AVE. SITE FOXBAR RD.

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

PRICES AND SPECIFICATIONS SUBJECT TO CHANGE. IMAGES ARE ARTIST CONCEPT. ERRORS AND OMISSIONS EXCEPTED. BROKERS PROTECTED

EDITORS’ NOTE

BUYING BRAND NEW When only a new home will do, those in the market will be pleasantly surprised by the exceptional value and attention to detail a new home offers. When you buy brand new, you don’t inherit somebody else’s worn carpeting, personal taste in kitchen appliances or paint colour preferences. You get a fresh, clean space that’s waiting for your personal imprint. If you’ve always fantasized about buying a new home, here are a few tips that can help you make the process a pleasant one:

SUSAN LEGGE Editor-in-chief

Susan.Legge@ypnexthome.ca Follow me on Twitter at Twitter.com/SusanLegge Like us on Facebook Search: Condo Guide

» Shop the mortgage market to see what you can afford before you start your hunt; » Find a lawyer who is willing to review your offer and close the deal; » Don’t be persuaded by high-pressure sales tactics while you’re out shopping; » Determine which options and upgrades you want as part of your offer and ensure your lender will finance what’s required, if needed; » To save money, consider which upgrades you could purchase and install yourself after the sale closes. Some upgrades such as rough-ins and wiring inside the walls are easier to do before construction. Factors such as the cost of the home, neighbourhood, lot size and special features play a big role in your final decision. Determining which features your new house absolutely must have, and which features you could live without, should be among your first steps in the home-buying process.

THE LURE OF CONDO LIVING

LYDIA MCNUTT Editor

Lydia.McNutt@ypnexthome.ca Follow me on Twitter at Twitter.com/LydiasTweets

2 NEW CONDO GUIDE AUG 29 - SEP 12, 2015

A big draw to condominium living is the luxury that comes with a maintenancefree, worry-free home. The lock-and-leave lifestyle is instantly attractive to jetsetters, busy professionals, first-time homebuyers who aren’t prepared for all the maintenance that comes with a freehold home, and those who just aren’t interested in mowing the lawn, shovelling snow or dragging trash to the curb. Granted, condo dwellers pay a monthly maintenance fee, but think about what that covers. How would you like to spend your free time swimming in your rooftop pool, working out in your home gym, relaxing in the sauna, or enjoying a quiet moment to yourself in the perfectly manicured gardens – none of which you have to maintain yourself? A concierge greets you and your guests as you come and go, and an integrated security system helps you sleep soundly at night, whether you’re at home or half-way around the world. All of these wonderful extras contribute to the attractive condo lifestyle while you live there, and if you ever choose to sell, they can also boost your bottom line. After all, you’re not the only one who wants a rooftop pool at their disposal and a gym right under their roof. Consider your condo an investment, and those monthly fees ensure all the elements that attracted you to condo living in the first place remain attractive to prospective purchasers down the line.

3 VISIONARY LANTERRA CONDOMINIUMS, 1 VIBRANT DOWNTOWN DESTINATION. Visit our new Lanterra Condo Gallery at 925 Bay St. WELLESLEY ST.

925 Bay Street

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Hours: Mon-Thurs 12-6pm, Sat & Sun 12-5pm, Fri Closed

Great neighbourhoods start with a bold vision and the right mix of residential, commercial and lifestyle amenities connected by transit and energized by culture. Like the new Lanterra Neighbourhood that’s redefining the Bay/Wellesley/Yonge district into a vibrant new downtown destination. 3 outstanding Lanterra condominiums at the centre of a new revival and new energy.

lanterradevelopments.com

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

AUG 29 - SEP 12, 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

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

4 NEW CONDO GUIDE AUG 29 - SEP 12, 2015

HOMEBUYERS’ HELP

MAKE YOUR MOVE

Kara Kuryllowicz

Chuck Resnick

Kara Kuryllowicz is a Toronto-based freelance business writer with a long-term interest in real estate, as both a homeowner and a landlord with investment properties. She loves living in Toronto’s Riverdale area as well as on an island in Pointe au Baril.

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.

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.

AUG 29 - SEP 12, 2015 NEW CONDO GUIDE 5

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Learn more at empirecommunities.com Limited time offer. Additional deposit payable on occupancy. Prices, sizes and specifications are subject to change without notice. Please see sales representative for full details. Rendering is artistâ€™s concept. Exclusive listing brokerage TFN Realty Inc. Brokers Protected. E.&O.E. 6 NEW CONDO GUIDE AUG 29 - SEP 12, 2015

Rain Condos introduces a fantastic new incentive at Oakville’s most successful condo. As a special Move-In Bonus, you are able to buy with a 5% deposit. Plus, you can call this condo home in just 5 short months. This offer is for a limited time only so act now before it is too late!

Enjoy the ultimate in elegant condo living in Oakville’s best location at the corner of Kerr Street and Shepherd Road. Just minutes to downtown, the waterfront and the QEW and featuring incredible amenities including an indoor pool, modern gym, rooftop terrace and more, Rain Condos offers urban condo living with exceptional suite features. Luxury Condos from the $200’s.

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AUG 29 - SEP 12, 2015 NEW CONDO GUIDE 7

8 NEW CONDO GUIDE AUG 29 - SEP 12, 2015

LIFE ON THE GO IN MAPLE

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Live close to the greatest attractions in and around the Village of Maple.

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Welcome home to spacious condominium living. If home’s the destination then INDIGO is your ticket to an enriched lifestyle and convenient amenities nearby. Live steps from the Maple GO Station, connecting you to downtown and across the GTA, and seconds from the Eagles Nest Golf Club. Everything is at your doorstep at INDIGO. Register at pembertongroup.com I info@pembertongroup.com I 905.326.4100

CONTENTS

AUGUST 29 – SEPTEMBER 12, 2015

VOLUME 19

ISSUE 16

COVER STORY

Tower arriving this fall 20 ALighthouse residential beacon at Daniels Waterfront – City of the Arts

COLUMNS / NEWS / FEATURES 2

Editor’s Note

12 BILD Report Creative solutions for environmental protection by Bryan Tuckey

14 In The News Toronto housing market edges into high-risk territory by Wayne Karl

16 Legally Speaking Closing costs 101 by Jayson Schwarz

17 Style File Get the look by Elisa Krovblit

10 NEW CONDO GUIDE AUG 29 - SEP 12, 2015

18 In The News Condo inventory drops as demand rises across the GTA by Lydia McNutt

22 In The News Great Gulf raises over $1 Million for The Sunnybrook Foundation 24 In The News Great Gulf presents Wellspring Chinguacousy with $200,000 to support people living with cancer 30 Neighbourhood Proﬁle Yonge and Eglinton by Elisa Krovblit

32 Home Sweet Home Canadians taking on more debt, but relax – it’s good debt by Lydia McNutt

34 Fundamentally Speaking How might foreign economic woes aﬀect Canadian real estate? by Wayne Karl

38 Condo Pro What is interim occupancy? by Barbara Lawlor

42 Stat Chat Can you buy a condo without “love money”? by Ben Myers

44 In The News New highrise prices hit record high, sizes at a low in July 46 Investor Advice Investors getting schooled on student-oriented rental condos by Andrew la Fleur

48 In The News Toronto housing starts fall for first time in five months 54 Taxing Issues Don’t try to time the market by Henry Choo Chong

58 In The News Canadian home sales slip, but still strong in July 60 Designer Advice Neutral territory

66 Homebuyers’ Help Your land in limbo: Do you need a power of attorney? by Kara Kuryllowicz

72 In The News Gemterra breaks ground at Joy Condos along the Sheppard Avenue corridor 74 In The News Ottawa’s Capital Hall answers student need for housing near Carleton University 76 In The Kitchen Fired up with Chef Roger Mooking by Stephanie MacDonald

80 Condo Watch 416 Previews, new releases and grand openings in the 416

by Yanic Simard

82 In The News Lindvest launches new condo at future transit hub 84 In The News Minto Westside Block Party celebrates the west end 94 Condo Watch 905 Previews, new releases and grand openings in the 905 98 Quick Tips Four organizing myths that keep your life in disarray by Hellen Buttigieg

100 Make Your Move To pack or not to pack? by Chuck Resnick

105 Condo Buyers’ Resource Section 110 Advertiser Index

CONDO PROFILES

BRANDY LANE HOMES The Davies: Luxury living reimagined

FRAM Fairview Park: Enjoy life ‘a shop, skip and jump’ from a mall, TTC and an on-site park

AUG 29 - SEP 12, 2015 NEW CONDO GUIDE 11

BILD REPORT

Creative solutions for environmental protection By Bryan Tuckey

his fall, 185 families will be moving into one of the most environmentally sustainable communities in the GTA. Located in the Town of Newmarket, the water-conscious and energy-saving community is called The Vales of Glenway and it is raising the bar for innovation, and overall environmental performance and sustainability for new homes. BILD members Bazil Developments Inc. and Mosaik Homes are transforming what was a 30-acre farm into a community featuring innovative technology and building techniques that have received nods from local, regional and conservation authority officials. Bazil principal Paul Bailey says they didn’t set out to be an example, but rose to the challenge presented by town officials as part of a pilot project aimed at speeding up approvals for low-impact development. The project team included staff from the Town, York Region, Lake Simcoe and Toronto Region Conservation Authorities, and everyone worked together to come up with innovative solutions to conserve energy and water inside and outside the homes and throughout the overall development. It wasn’t always easy, Bailey says, but they overcame a number of obstacles and learned a lot. The project has since been recognized by the Lake Simcoe Conservation Authority as a model of environmental sustainability. For indoor water and energy conservation, every Vales of Glenway home is designed to exceed Ontario Building Code requirements by at least 25 per cent. The homes will be outfitted with newly designed low-flow toilets, Energy Star appliances, water-saving whole-home furnace-mount humidifiers, programmable thermostats, additional insulation and more. The team also undertook a seed-and-sod study on the site to determine the best way to use soil and plants to help conserve water, and participated in Enbridge’s Savings by Design program, a Green building initiative that helps builders design and construct homes that will help homeowners save on energy costs. The team is also working to reduce the phosphorus that is going into Lake Simcoe by more than required by provincial regulation. Two fascinating strategies used to accomplish this are bioswales and rain gardens, which will look like nice landscaping, but functionally will be doing amazing things to capture roof rain runoff and eliminate the need for storm sewers. When the community at the corner of Bathurst Street and Davis Drive is complete, it will be the first of its kind within the Lake Simcoe watershed to use these water and energy conservation measures, according to the Conservation Authority. For the innovation and incorporation of Green infrastructure, the Conservation Authority presented Bailey with a Conservation Award of Merit in 2013 for his leadership. Across the GTA, BILD members and community builders take the environment into account every day when making planning, design and construction decisions. The industry is meeting strict regulations, like the 12 NEW CONDO GUIDE AUG 29 - SEP 12, 2015

Building Code and others, and many exceed them. For those who are pushing to have their teams do things differently than they have in the past, they know that new homebuyers will reap the benefits and as a greater region, we all will too.

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

13 NEW CONDO GUIDE AUG 29 - SEP 12, 2015

IN THE NEWS

Toronto housing market edges into high-risk territory By Wayne Karl

he Toronto housing market, until now one of Canada’s hottest but also one of only moderate risk, has officially moved into high-risk territory, according to Canada Mortgage and Housing Corp. (CMHC). CMHC’s latest House Price Analysis and Assessment (HPAA) framework, designed to identify problematic conditions, says the national overview is still low-risk. A significant change, however, is that Toronto has joined Winnipeg and Regina as the country’s high-risk markets. “Nationally, CMHC continues to detect a modest risk of overvaluation,” says Bob Dugan, CMHC’s chief economist. “However, our overall assessment of the risk of problematic conditions varies from centre to centre due to regional differences in housing markets. Imbalances in local housing markets could be resolved with further moderation in house prices or improving economic conditions.” In Toronto, the high-risk rating – up from moderate risk in April’s HPAA – reflects a combination of price acceleration and overvaluation. “In the case of Toronto, strong price acceleration in 2015 reflects a larger share of sales of pricier homes,” he says. “The rise in house prices has not been matched by growth in personal disposable income, giving rise to a modest risk of overvaluation.” The number of completed and unsold units – notably in the highrise category – has risen significantly from the last quarter and is now above its historical average, CMHC says. However, the situation is not yet problematic because the number of condo units under construction has slowed due to rising completions. In addition, condominium resale and rental markets remain tight, suggesting unsold inventories could be steadily absorbed provided that builders manage inventories well. “Toronto is a dichotomy of housing markets,” says Dana Senagama, CMHC’s senior market analyst for the GTA. “Lowrise inventories are very, very low, while highrise supply growing, and price growth is slowing.” Toronto has seen average price growth of about 10 14 NEW CONDO GUIDE AUG 29 - SEP 12, 2015

per cent year-over-year in the lowrise category, “and less than half that in the condo sector.” Vancouver – Canada’s most expensive market – has so far managed to escape rising risk factors, and remains in the low-risk category. This is somewhat surprising, given the price of housing in the city, and the rapid price growth. “There’s a high degree of segmentation in this market,” Dugan says. “There’s quite a variety, a significant segment of the market that is more closely tied to incomes.” Despite high home prices in Vancouver, demand for housing across the price spectrum is supported by a growing population and growth in personal disposable income, as well as by the limited supply of land. First-time homebuyers focus on lower-priced options in suburban locales, whereas at the high end of the price spectrum, demand is supported by high net-worth residents or repeat buyers with significant equity in their homes. MAJOR CENTRES IN CANADA The HPAA is a comprehensive framework designed to assess housing market conditions by taking into consideration the economic, financial and demographic drivers of housing markets. Risk factors are: overheating, acceleration in house prices, overvaluation, overbuilding. » Calgary: Low risk » Edmonton: Low risk » Halifax: Low risk » Hamilton: Low risk » Moncton: Low risk » Ottawa: Low risk » St. John’s: Low risk » Vancouver: Low risk » Montreal: Moderate risk » Regina: High risk » Toronto: High risk » Winnipeg: High risk

LEGALLY SPEAKING

Closing costs 101 By Jayson Schwarz

When you close on your new home, there are three groups who will come a-knocking, looking for payment – the builder, the government and the lawyer

hen you close on your new home, there are three groups who will come a-knocking, looking for payment – the builder, the government and the lawyer. Your lawyer generally collects all of the necessary money from you and your mortgage company, doles it out to the builder and government, and keeps his cut. The builder will get paid the purchase price of the property from your mortgage company, less the deposit – which you’ve already paid. You may even get a credit for certain items, called “adjustments” which will be reflected on a document called the Statement of Adjustments, like HST payable, the original purchase price on the property, real estate taxes, hydro expenses, common expenses and maintenance fees (as applicable), connection costs, levies and charges, to name but a few. Review this document carefully and ensure you understand all the charges that you are required to pay. This is the final figure owed to the builder. The Ontario and City of Toronto governments also want their share, in the form of Land Transfer Taxes and sales tax. There are many other items, but they usually show up on your lawyer’s disbursement account or trust reconciliation, as do many of the municipal compliance request charges. Speaking of the lawyer’s account... First of all, you have to pay the legal fee, whatever the amount you agreed to. You did have a pre-agreed fee, didn’t you? Then come disbursements, those monies expended by your lawyer on your behalf necessary to close the transaction, like registration charges, title insurance,

16 NEW CONDO GUIDE AUG 29 - SEP 12, 2015

couriers and searches. Be careful – it is here that someone may try to take advantage of you by charging large fax, mail and photocopy fees. Have your lawyer justify all expenditures that don’t make sense. Remember, a large part of your closing costs is based on what you negotiate at the beginning of the purchase process.

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.

FROM NEAR. OR FROM RIGHT THERE. Mattamy and Monarch are now one company. This culmination of expertise now offers you new choices in extraordinary city living â€“ whether you prefer spectacular waterfront skyline views or you see yourself in the heart of downtown.

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FOR MORE INFORMATION VISIT MONARCHGROUP.NET FOLLOW US: SALES CENTRE ADDRESS: 2167 Lake Shore Blvd. West, Etobicoke, ON, M8V 0A8 SALES CENTRE HOURS: Monday - Thursday 12pm - 8 pm; Friday 1pm - 6 pm; Saturday, Sunday and Holidays 11am - 6 pm • 647-347-5930 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. August 2015.

STYLE FILE

get the

LOOK By Elisa Krovblit

love!

The look of reclaimed wood is trendy, but timeless.

Martens Double-Door Cabinet in Aged Elm, $2,395 - $2,795. restorationhardware.com

NATURAL and NEUTRAL are in!

fab

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Ektorp Tullsta Armchair, Blekinge White. $149. ikea.ca

Moroccan Wool Rug from $199. homesense.ca

Lucia Rectangular Coffee Table. $1,495. elte.com

AUG 29 - SEP 12, 2015 NEW CONDO GUIDE 17

IN THE NEWS

Condo inventory drops as demand rises across the GTA By Lydia McNutt

hose fearing a wave of unsold condo inventory in the GTA can breathe a little easier, with supply down 13 per cent year-over-year according to Urbanation’s latest condo data released recently. A total of 17,709 units were up for grabs in the second quarter of 2015, which would take 10.2 months to sell off – a drop from 13.5 months a year earlier, and figures that Urbanation classifies as “balanced market conditions.” Completed and unsold condo inventory fell from a high of 1,647 at the end of March, down to 1,425 units by the end of June. » Units at the occupancy stage: 94% sold » Units under construction: 87% sold » Units in the pre-construction phase: 67% sold Between April and June, 6,297 new condominium apartments were sold across the GTA, an 11-per-cent year-over-year increase attributed to a spike in sales of units under construction or those recently completed. New projects that launched sales in the second quarter were also in high demand, with 56 per cent of the 5,737 new units scooped up in the period, compared with 54 per cent during the same period a year ago.

18 NEW CONDO GUIDE AUG 29 - SEP 12, 2015

“The Toronto condo market remains highly absorbed as demand is showing strength across the board. From higher-end product in the core to more entry-level units in the 905 region, sales and rentals are trending higher,” says Shaun Hildebrand, Urbanation’s senior vice-president. While new condo sales swelled, price growth remained slim, showing year-over-year growth of two per cent to an average of $566 per sq. ft. Meanwhile, the resale condo sector saw meatier gains in sales and prices, with sales up 21 per cent to a record of 6,443 units in the second quarter, and price increases of 6.8 per cent to an average of $453 per sq. ft. The condo rental market echoed its resale counterparts, showing leases up 22 per cent from a year earlier to a new high of 8,200 units, and average rents increased by 4.6 per cent annually to $2.48 per sq. ft.

ARRIVING THIS FALL!

INNER CIRCLE MEMBERS RECEIVE SPECIAL PERKS AND PRIVILEGES AT LIGHTHOUSE TOWER

DANIELS IS CHANGING THE

WATERFRONT

• First choice of suites, ﬂoors and views before the general public • Your invitation to the ﬁrst advance sale • Members only invitations to Daniels events • Access to insider information

FOREVER

Becoming an Inner Circle member is easy. To take advantage of Inner Circle privileges, a one-time $500 membership fee is required. This fee can be applied to the purchase of any Lighthouse Tower suite. Should you decide not to purchase at Lighthouse Tower, your $500 will be fully refunded. It’s a win-win! The Inner Circle is open for a limited time only, and will close prior to the Inner Circle sale.

INER

GARD

EXPY LAKE

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Get an inside look at an artsinspired life on the waterfront. Visit our presentation centre for a sneak peek!

LAKE ONTARIO

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PRESENTATION CENTRE: 162 Queens Quay East Mon to Thurs: 11am-7pm, Weekends & Holidays: 12pm-6pm, Fridays: closed This fall, The Daniels Corporation will unveil Lighthouse Tower at Daniels Waterfront – City of the Arts, a master-planned, mixed-use 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.

ARDS

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BLVD

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SUITES FROM $279,900 RE SHO

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.

AUG 29 - SEP 12, 2015 NEW CONDO GUIDE 19

COVER STORY

Sugar Beach North

Lighthouse Tower arriving this fall A RESIDENTIAL BEACON AT DANIELS WATERFRONT – CITY OF THE ARTS

DANIELS WATERFRONT – City of the Arts is a master-planned, mixed-use community that will become the gateway to Toronto’s East Bayfront. The community is bordered by Lake Shore Boulevard, Richardson Street, Queens Quay East and Lower Jarvis, and next to Lake Ontario, Canada’s Sugar Beach, the Water’s Edge Promenade, Sherbourne Common and St. Lawrence Market. It’s steps to dedicated bike lanes, TTC, Union Station, the Gardiner Expressway and the DVP, and only minutes from the Entertainment, Financial and Distillery Districts. This live-work-play-learn-create community will combine residential, office and retail components, including The Yard, a charming 20 NEW CONDO GUIDE AUG 29 - SEP 12, 2015

pedestrian laneway linking Jarvis and Richardson streets, with retail venues, cafés and eateries. The neighbourhood also includes Sugar Beach North, a prominent public amenity for outdoor gatherings, music, dance and celebration. The 45-storey Lighthouse Tower is the first condominium residence that will go on sale this fall with suites priced from $279,900. Lighthouse Tower combines a stylish welcome with smart suite layouts; contemporary finishes and Miele kitchen appliances. Residents will have exclusive use of amenities within the 25,000-sq.-ft. Lakeside Club located on two levels. The Lower Deck on 3 includes an outdoor tennis/basketball court, bocce, gardening plots, a fitness centre, a fully equipped kitchen library, gardening prep studio, and art and jam studios. The Upper Deck on 11 includes a sports lounge and billiards studio, fireside lounge, and an outdoor cocktail pool and sun deck overlooking the city skyline, cabana suites, barbecue area and much more. A recreational coordinator will also be on hand to set up personal training sessions for residents, book the party room and more. Enhancing the “City of the Arts” component of this incredible neighbourhood is an exclusive Interconnectivity Package. Residents will receive special access to arts organizations within the community, plus some of the city’s prominent cultural organizations such as Artscape, TIFF and NXNE. The ability to select from artist talks, curator-led gallery tours,

The Yard

Daniels Waterfront – City of the Arts

arts workshops, access to premium priority screenings during TIFF, and platinum passes to NXNE events means cultural mavens can tailor their artistic experiences to their personal aesthetic. Suites range from studio to two-bedroom layouts, topping off with distinguished Gallery suites and Penthouses featuring expansive views of Lake Ontario and the city skyline. To ensure the very best chance to purchase a suite in this incredible location, registrants can join the Lighthouse Tower Inner Circle. Inner Circle members will receive an invitation to attend the First Advance Sale before the general public and will have the most comprehensive selection of suites, floors and views to choose from. To join, a $500 registration fee is required, which will be applied toward the purchase of your suite, or fully refunded if you choose not to purchase. The Daniels Corporation (danielshomes.ca) is one of Canada’s preeminent builders/developers, building more than 25,000 new homes across

the GTA for 33 years. Daniels has been named Tarion Warranty Corporation’s ‘Ontario High Rise Builder of the Year,’ and is a recipient of the Toronto Arts and Business Award presented by the Toronto Arts Foundation. Among its many initiatives, Daniels was chosen to partner with Toronto Community Housing to revitalize Regent Park in Toronto’s Downtown East. Committed to community, Daniels offers innovative programs that help people achieve home ownership, champion’s neighbourhood initiatives that enhance residents’ quality of life, and supports numerous charities and non-profit organizations.

To register for Lighthouse Tower and join the Inner Circle, visit Daniels’ Waterfront presentation Centre at 162 Queens Quay East, call 416.221.3939 or visit DanielsWaterfront.com. Follow @DanielsWtrFront on Twitter for the latest updates on everything Daniels Waterfront – City of the Arts. AUG 29 - SEP 12, 2015 NEW CONDO GUIDE 21

IN THE NEWS

Great Gulf raises over $1 Million for The Sunnybrook Foundation

he 20th Annual Great Gulf Invitational presented by Formacon Construction, held at the Cardinal Golf Club in Kettleby on Aug. 14 raised more than $154,000 bringing the total funds donated to Sunnybrook’s Centre for Youth Bipolar Disorder (CYBD) to over $1 million. With a Wild Wild West theme, 375 golfers also had an opportunity to participate in the Mechanical Bull competition in true western spirit. “Since 2006, Great Gulf has been committed to supporting the important work of Dr. Benjamin Goldstein at Sunnybrook’s CYBD and the need to remove barriers for those struggling with mental illness so that they do not face prejudice or discrimination,” said Great Gulf’s president Christopher Wein. “It is especially gratifying that all those involved in the tournament – including our sponsors, golfers, employees and organizing committee – embraced the importance of this cause. We extend a heartfelt thank you for their continued support and generosity in making this annual tournament an outstanding success and in helping bring awareness to youth bipolar disorders.” Dr. Benjamin Goldstein, associate professor of Psychiatry and Pharmacology at the University of Toronto, director of the Centre for Youth Bipolar Disorder, Sunnybrook Health Sciences Centre and a scientist at the Sunnybrook Research Institute, was on hand for the cheque presentation. 22 NEW CONDO GUIDE AUG 29 - SEP 12, 2015

“Sunnybrook’s CYBD came into existence on the strength of Great Gulf’s support, and since that time has become a hub of clinical care, education, and research on the topic of youth bipolar disorder. In recent years, teenage patients from CYBD and their parents have attended and spoken during the tournament dinner. You can see the impact of these personal perspectives in the eyes of attendees, and you can hear it in their applause. “Teens with bipolar disorder, and their families, need hope and they need a place that they can turn to when it matters most. CYBD is dedicated to making scientific discoveries that will invent a better future for youth with bipolar disorder. CYBD is also dedicated to providing timely assessments and care, and to expanding the scope of our services to span both the physical and mental health needs of our patients,” said Dr. Goldstein. About Great Gulf Established in 1975, the Great Gulf Group of companies including Great Gulf, Ashton Woods Homes, First Gulf Corporation, Tucker HiRise Construction, H+ME Technology and Taboo Resort Golf and Spa, is one of North America’s premier real estate organizations. With major projects in Canada and the United States, the company’s fully integrated activities span the entire real estate spectrum. For more information, visit online at greatgulf.com

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For 40 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.

IN THE NEWS

Great Gulf presents Wellspring Chinguacousy with $200,000 to support people living with cancer

From left to right: Mayor Linda Jeffrey; Christopher Wein, president of Great Gulf; CEO of Wellspring Cancer Support Foundation Christina Smith; regional councillor Gael Miles

reat Gulf presented Wellspring Chinguacousy with $200,000 to support people living with cancer in Brampton and the surrounding communities. Participating in the cheque presentation at Wellspring Chinguacousy was Mayor Linda Jeffrey; regional councillor Gael Miles; CEO of Wellspring Cancer Support Foundation Christina Smith; and Christopher Wein, president, Great Gulf. “We are so thankful for the corporate support we receive from companies like Great Gulf,” said Smith. “With no core government funding, Wellspring Chinguacousy relies on donations from the generous Brampton community to continue to provide cancer support programs and services to people living with cancer and their loved ones, free of charge. Last year, Wellspring Chinguacousy had 6,721 program visits and since opening its doors in 2008, it has provided support to over 3,400 people living with cancer.” “Great Gulf has been building master-planned communities for four decades in Canada and the U.S. With a deep commitment to corporate social responsibility, we stay connected to the communities we build by participating in local initiatives,” said Wein. “We are proud to be involved in Wellspring

24 NEW CONDO GUIDE AUG 29 - SEP 12, 2015

Chinguacousy knowing that this community-based support centre plays a significant role in providing important programs to improve the physical and psychological well-being of those and their families touched by cancer.” About Wellspring Cancer Support Foundation Wellspring Cancer Support Foundation is a network of community-based cancer support centres offering programs and services for people living with cancer, as well as for those who care for them, free of charge. Wellspring has four centres in the GTA. Last year, Wellspring Chinguacousy saw over 6,721 visits to its programs and services. About Great Gulf Established in 1975, the Great Gulf Group of companies including Great Gulf, Ashton Woods Homes, First Gulf Corporation, Tucker HiRise Construction, H+ME Technology and Taboo Resort Golf and Spa, is one of North America’s premier real estate organizations. With major projects in Canada and the United States, the company’s fully integrated activities span the entire real estate spectrum.

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AUG 29 - SEP 12, 2015 NEW CONDO GUIDE 25

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. August 2015. 25654

28 NEW CONDO GUIDE AUG 29 - SEP 12, 2015

Pure opportunity.

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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 400 Adelaide St. East, Unit 1 647.344.0379 Edge 2-6 Lisgar Street, Toronto Sales Office Located at 1151 Queen Street West 416.516.5848

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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 86 Sloping Sky Mews (TH06) 416.214.4517

NOW OPEN

50 at Wellesley Station - Occupancy Date June 2017 50 Wellesley St. East, Toronto Sales Office located at 400 Adelaide St. East, Unit 1 647.344.0379 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

Keep updated by following us:

AUG 29 - SEP 12, 2015 NEW CONDO GUIDE 29

NEIGHBOURHOOD PROFILE

Yonge & Eglinton By Elisa Krovblit

he heart of mid-town, Yonge and Eglinton is a vibrant community with a little bit of everything, like a financial centre, nightlife, businesses, entertainment, parks, dining – plus lots of upscale shopping. It’s also a great neighbourhood for strolling, as well as a perfect place to live if you are reliant on public transit. The vibe The vibe of this neighbourhood is a busy pace in the hub – right at Yonge and Eglinton – but the side streets are quiet and tranquil, with large, old trees and well-kept homes boasting manicured lawns. It’s a cool part of town, definitely attracting active and outdoorsy residents. Meet the neighbours Sometimes referred to as “Yonge and Eligible,” the neighbourhood definitely has its share of young, single professionals out to enjoy their community. There’s a wide range of pubs, lounges and shopping to meet that demand. There are also older, active adults on the move, who call the upscale and posh residences in the area “home.” Affluence is definitely notable in this ‘hood.

FAST FACTS Average household income: $102,433 Cheers! The majority of residents prefers red wine Own or rent? 71% rent versus 29% own What’s on? The most-watched TV shows in the ‘hood are documentaries Source: Environics

With one-way streets and no turns, the area is best traveled without a car, and it’s a neighbourhood that is easy to navigate by foot or bike. And thanks to the subway, a car isn’t a necessity here. Yonge and Eglinton is right on the Yonge subway line and the station is a really busy one. The area is well served by public transit for those who don’t have a car. Mount Pleasant and Avenue Road are also great access routes to the city when Yonge Street is too busy.

In the area The area has a large shopping centre and business complex at Yonge and Eglinton. The library and several schools – both public and private – are in the area, including the prestigious Havergal College for girls and Upper Canada College for boys. Eglinton Park is massive, with everything from tennis and baseball diamonds to a playground and winter ice skating.

The good, the bad and the rest While there are still some deals and budget dining, the area is known for its upscale shopping and five-star restos. If you’re going to live here, be prepared for lots of traffic, bustle and noise – both vehicular and pedestrian. On the up side, it’s been rated very highly as a walker’s paradise.

Planes, trains and automobiles Yonge and Eglinton offers it all, but it can be a bear to navigate at rush hour.

Visit YPNextHome.ca for more photos and neighbourhood profiles.

30 NEW CONDO GUIDE AUG 29 - SEP 12, 2015

HOME SWEET HOME

Canadians taking on more debt, but relax – it’s “good debt” By Lydia McNutt

bout 80 per cent of Canadians are carrying some kind of debt – and given today’s low lending rate environment, it’s not surprising that the amount of debt we’re taking on is on the rise. The results of the 2015 annual debt poll released recently by BMO and conducted by Pollara show Canadians owe on average $93,000 – up from $76,140 in 2014, and $72,045 in 2013. While this sounds like a hefty number, particularly compared to just two years ago, Sal Guatieri, senior economist at BMO Capital Markets, notes that it is “good debt” – investment debt that creates value. Topping the list were home purchases, home renovations and education expenses.

Biggest debt contributors by region National

ATL

MB/SK

Buying a house

49%

41%

55%

46%

45%

55%

51%

Buying a car

46%

52%

47%

49%

43%

37%

42%

Home renovations

33%

32%

35%

37%

23%

21%

31%

Education

32%

27%

31%

29%

22%

18%

32%

Vacation

28%

27%

32%

17%

14%

33%

Health Care / Drugs

25%

24%

28%

26%

17%

28%

Entertainment

22%

19%

24%

25%

15%

18%

20%

Home electronics

20%

18%

24%

25%

12%

11%

13%

Stocks/investments

15%

10%

16%

20%

13%

SOURCE OF DEBT

interest rates rise,” Guatieri says. Note he said “when,” not “if.” So, what can you do to insulate yourself from this looming threat? It comes down to common sense. Here are some tips: » Stress-test your mortgage against a higher rate. If you can’t afford an interest rate hike of two or three per cent, then decrease your homebuying budget. » Don’t spend the maximum you get approved for by your mortgage lender. This will be the top end of your budget. » Factor your other debts and lifestyle into your budget. You want to live in your house, not live for your house.

“Given the angst about high debt burdens, it’s somewhat comforting to know that Canadians are generally accumulating good debt to finance investments in their homes and educations, as opposed to bad debt such as discretionary spending on vacations and entertainment,” says Guatieri. Can Canadians handle their debt? Half of Canadians (49 per cent) said buying a home was a major contributor to their debt. Thirty-four per cent said it was the main factor. Indeed, home sales have been up across the country, with the Canadian Real Estate Association recently reporting a 3.4-per-cent increase in sales in July year-over-year, marking the second-highest July sales stat on record since 2009. Activity stood 12.6 per cent above the 10-year average for July. Today’s low interest rates have prompted many who have been sitting on the sidelines to jump into home ownership, while those who weren’t able to carry a mortgage at a higher rate can now do so with the hard-to-resist rates offered by mortgage lenders today. And therein lies the potential problem. “Rapidly rising house prices in [Toronto and Vancouver] could encourage some households to take on larger mortgages than they can handle when 32 NEW CONDO GUIDE AUG 29 - SEP 12, 2015

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

T O D AY ’ S L I F E S T O R E Y S TA R T S

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CO N S T R U C T I O N S TA R T I N G PETER & KING, TORONTO S TA R T I N G F R O M $ 3 4 4 ,9 9 0 416. 591.770 0

UNDER CONSTRUCTION YORK & HARBOUR, TORONTO S TA R T I N G F R O M T H E M I D $ 3 0 0 ’ S 416. 591.770 0

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See sales representative for details. Prices and specifications are subject to change. E.&O.E. August 2015.

FUNDAMENTALLY SPEAKING

How might foreign economic woes aﬀect Canadian real estate? By Wayne Karl

he recent collapse of the Chinese stock market and subsequent economic woes may seem like a world away, but the effects are being felt globally – including here in Canada. What might it all mean for the Canadian housing market? It’s early days yet, and the assumption is that ongoing woes in China will hurt us. True, a troubled Chinese economy hurts Canadian shipments to that increasingly important export market, particularly from BC and Alberta. But when it comes to Canadian housing, there may actually be a benefit. It’s well known that Canada is a popular destination for Chinese real estate investors, and Canada Mortgage and Housing Corp. (CMHC) has said the number of foreign investors in Canada may be higher than documented – meaning there is continued strong interest in the Canadian housing market. “We know it is common for foreign nationals to invest in Canadian real estate,” Alyssa Richard, founder and CEO of ratehub.ca told YP NextHome. “Because Canada’s market is more stable than China’s, it has become common in large cities, especially Vancouver, for Chinese nationals to invest.” The economic downturn in China could affect Canadian real estate in a few ways, Richard says. “Because investment in China is uncertain at best, sometimes yielding only losses, Chinese investment in Canadian real estate could increase. “If these Chinese investments in Canada are short-term, however, that could cause significant corrections if there is a collective divestment in the future when the Chinese economy turns around.” It is also possible, Richard says, that Chinese investment in the Canadian housing market will not see much change. “Chinese investors will not likely withdraw investments here right away, as there’s no real alternative back home to supplant their assets. Many investors will also be hurting back in China, not allowing them to further invest overseas. With no funds for new investments, the Canadian market could stay relatively level.” CMHC’s deputy chief economist Jeffrey Harris told YP NextHome that it is “difficult to determine the effect foreign buyers may be having on the price of housing, as the available information on foreign buyers is largely anecdotal. Immigrant demand for housing should not be confused with sales to foreign residents.” CMHC’s October 2014 Rental Market Survey included questions on foreign ownership of Canadian condominiums. Specifically, property managers were asked to provide information on the total condominium apartment units owned by people whose permanent residence is outside of Canada. “Foreign condominium investors represent just 1.7 per cent of owners across the eleven centres surveyed,” Harris says. “The CMAs with the highest percentage of foreign investment in condominiums are Toronto at 2.4 per cent, Vancouver at 2.3 per cent and Montreal at 1.5 per cent.” 34 NEW CONDO GUIDE AUG 29 - SEP 12, 2015

The CMAs with the smallest percentage of foreign investment in condominiums are Edmonton, Regina and Winnipeg, all at 0.1 per cent, followed by Calgary at 0.2 per cent and Saskatoon at 0.3 per cent. In theory, this could mean these markets are less exposed to risks associated with any divestment by foreign owners.

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. He can be reached at wayne.karl@ypnexthome.ca or follow him on Twitter at Twitter.com/WayneKarl

It takes a Village to make a fashion statement. LUXURY CONDOS AT BAYVIEW VILLAGE NEXT TO THE SUBWAY Fashion, elegance and luxury come together at The Village Residences. An inspired collection of boutique condominiums at Bayview and Sheppard, across from Bayview Village and next door to Bayview subway station.

www.VillageResidences.ca | 647-622-8408 info@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.

AUG 29 - SEP 12, 2015 NEW CONDO GUIDE 35

GREAT SELECTION OF SUITES

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36 NEW CONDO GUIDE AUG 29 - SEP 12, 2015

IMMEDIATE OCCUPANCY

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5% DOWN PAYMENT

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284,000 $ M O R F E LIV

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YONGE ST.

AVE. ORTH DANF

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370 Hwy. 7 East, Unit #113

3520 Danforth Ave.

WorldOnYonge.ca | 905-771-7010

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*As per price list. Limited time offer. Offer based on a select number of units. Price, information and program subject AVE.to ORTH DANFcations and change without notice. For qualified buyers on approved credit. All renderings are artistâ€™s concept. Prices, specifi availability subject to change without notice. E&O.E. Brokers protected. See Sales Representative for details.

AUG 29 - SEP 12, 2015 NEW CONDO GUIDE 37

CONDO PRO

What is interim occupancy? By Barbara Lawlor

Unless you move in after the condo is registered, you will not yet own your suite outright. You enter into what is referred to as “interim occupancy.”

ondominium ownership differs from lowrise homes in many ways – especially where fees are concerned. Those entering into condo ownership for the first time will do well to understand exactly what these costs are, and what they cover. One of the most misunderstood expenses is the interim occupancy fee. When your lowrise home closes and you move in, you officially own it. With a condominium, depending on when in the sales and construction process you purchase, you will most likely enjoy occupancy long before you receive title to your suite. Unless you move in after the condo is registered, you will not yet own your suite outright. You enter into what is referred to as “interim occupancy.” This is the gap between the occupancy date given to you once roof-topping has occurred, and when the condominium is registered and you receive title. Until that time, the suite is still owned by the seller (the developer). In Ontario, a “condominium” is not formed until construction is completed and passes the approval processes that enable it to be registered with the Land Registry Office. In highrise condos, the lower floors are finished long before the upper levels, but the approvals process begins once the first suite is occupied. It typically takes up to six months, although sometimes it can be quicker. During this time, you will pay an occupancy fee to the developer. The occupancy fee encompasses three elements. First, it is determined by the interest portion of the balance owing on the purchase price (usually payable on the registration date) based on a one-year mortgage rate of the Bank of Canada. Second, it includes the estimated maintenance fees for the suite, and third, its portion of the estimated real estate taxes. There are also other fees such as the enrollment of your suite with Tarion Warranty Corp. You may think of it as rent, but it’s not rent, nor is it money that can be applied toward your mortgage. Once the title is transferred, you take out your mortgage and the builder/developer receives the money. The benefit to the 38 NEW CONDO GUIDE AUG 29 - SEP 12, 2015

suite owners is that you get to move in sooner and not have to wait until registration. You will get substantial notice before your occupancy date. Remember that during interim occupancy, you must have your homeowner’s insurance in place, and you have to arrange for utility hookups as if you own the home. Your appliance warranties kick in upon occupancy because you are actually using them, and your Tarion warranty is officially in place.

“A

lmost ready?” queried David, as he side-stepped the trio who were setting up in the gracious living room of their new penthouse. “I’m looking forward to seeing everyone before we leave for Paris tomorrow.” Their son, a young violin protégé, was debuting his solo the following day in France. His adoring wife was busy in the grand kitchen with an army of caterers. The table set for twelve sparkled, and the gas fireplace added a special glow as flames reflected in their well-loved Georgian furniture. “We’re just about ready,” said Sophia, as she poured David a single malt, and they stepped onto their terrace drinking in their spectacular view.

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CONDO PROFILE

The outdoor lounge with wet bar is framed by the picturesque skyline

THE DAVIES Luxury living reimagined

randy Lane Homes understands that true luxury living is achieved when elegant design, superb finishes and chic amenities combine to create the lifestyle that sophisticated condominium buyers want to embrace. Coming this fall to a coveted Toronto neighbourhood at Avenue Road and Cottingham, the company’s newest community, The Davies, will offer gracious condominium living with unique amenities at surprisingly affordable prices. The intimate nine-storey building has been thoughtfully positioned to capture views of adjacent Robertson Davies Park. Named for one of Canada’s preeminent authors, the park will be enhanced with new plantings and furnishings by Brandy Lane to benefit the community as a whole.

40 NEW CONDO GUIDE AUG 29 - SEP 12, 2015

The Avenue Room will function as the building’s at-home entertaining centre

“The rooftop terrace will have a series of garden reading rooms, a partitioned sunbathing area, plus a social lounge with informal seating and a wet bar framed by a picturesque skyline” Creating a perfect fusion between indoor and outdoor living, all suites will open onto a continuous expanse of large balconies and/or grand terraces. The rooftop terrace will have a series of garden reading rooms, a partitioned sunbathing area, plus a social lounge with informal seating and a wet bar framed by a picturesque skyline. Inside, The Davies experience begins in the stylish lobby where the welcoming environment is characterized by 24/7 concierge service, understated opulence, custom finishes and fine art. The Avenue Room with its

The Davies will overlook Robertson Davies Park

catering kitchen will function as the building’s entertaining centre, and there will be a conference centre, fitness facilities and a dog wash station. Direct elevator access in each suite’s foyer will allow for an unparalleled level of privacy and convenience. The open-concept suite interiors have been artfully curated to be ideal for entertaining friends and family alike, from a seated dinner for 12, to a cocktail party for 50. Brandy Lane will even combine suites to create your ultimate dream home.

Prices will begin from the $800,000s. For more information and to register now for your priority preview opportunity, visit TheDavies.com or call 416.873.0862.

All suites open onto a continuous expanse of large balconies and/or grand terraces

AUG 29 - SEP 12, 2015 NEW CONDO GUIDE 41

STAT CHAT

Can you buy a condo without “love money”? By Ben Myers

he term “love money” is typically defined as seed money or capital given by family or friends to an entrepreneur to start a business. I’ve adopted the term in a real estate context – giving cash to your offspring to buy a home. We are seeing a lot of parents assist their adult children with down payments on homes and condominiums, a figure as high as 25 per cent in Canada overall, 35 per cent in Toronto and 40 per cent in Vancouver. Ten years ago by grandmother gave me $10,000 toward my first condo. Without it, I wouldn’t have been able to get into the market. However, perhaps your family is not so fortunate and doesn’t have that kind of money to gift, or maybe they do but they are just not giving it to you! Can you make it happen without love money? The answer is “yes,” but you have to get creative. It may involve renting out a room to help offset your monthly carrying costs. For those who are tired of the “roommate thing,” I wouldn’t compromise on location, I’d compromise on size. Live in your neighbourhood, not your suite. There are tons of spacesaving and condo-efficient furniture designs, appliances and storage systems. Put your winter clothes in your locker, or your parents’ basement. Small spaces require constant decluttering. Take stock of what you really need. You might find the purge refreshing. Live on transit and get rid of your car. Buy in a building with a fitness centre and don’t bother with the gym membership. Forget cable and Internet, get free WIFI at the local coffee shop! Get on your condo building’s social network, share transportation, share dog-walking duties, set up play dates for the kids, borrow a pair of shoes, or find someone with that missing ingredient for your meal. If you think you’ll save money by waiting for the market to correct, well, get in the long line. People that have been waiting for this to happen since 2003. Some say Canada is on the brink of a recession; record condo units have completed over the last 12 months; investor-held units are at an all-time high. Yet the Toronto condo market continues to defy sceptics. The 6,297 new condominium sales in Q2-2015 was the third-highest quarterly sales on record for the GTA market according to Urbanation, and highrise prices have increased for both new and resale condos. If you can get in the market, get into now, as there appears to be no break in sight. 42 NEW CONDO GUIDE AUG 29 - SEP 12, 2015

Buying a new condominium can be daunting without financial assistance, but don’t let a lack of love money stop your dream of home ownership. You will have to get very creative, and make a lot of sacrifices, but once you grab the bottom rung of the property ladder, the climb is much easier from there.

Fortress Real Developments partners with builders across Canada, and Ben assists in evaluating the market and projects that Fortress engages in. Follow his blog posts and commentary on the Canadian Housing Market at fortressrealdevelopments.com/news or follow him on twitter at @BenMyers29

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AUG 29 - SEP 12, 2015 NEW CONDO GUIDE 43

IN THE NEWS

New highrise prices hit record high, sizes at a low in July Monthly new-home sales by municipality July ’15

Lowrise

Highrise

Total

Region

2013

2014

2015

2013

2014

2015

2013

2014

Durham

209

251

186

215

276

207

Halton

229

177

282

128

511

255

Peel

228

391

473

293

438

560

Toronto

876

925

854

902

1,007

895

York

299

354

428

271

296

374

625

724

GTA

817

1,307

1,305

1,095

1,550

1,336

1,912

2,857

2,641

8,477

12,712 12,269

Jan-July

6,872

11,199 13,259

he cost of homes in the GTA keeps rising. Both brand new lowrise and highrise prices hit an all-time high in July. What’s trending downward, however, is the size of new condos, which hit a record low, according to the latest figures released by the Building Industry and Land Development Association (BILD). The average price of a new lowrise home in the GTA hit an unprecedented $806,391 in July, according to the RealNet New Home Price Index. Prices in the lowrise market, which include detached and semi-detached homes as well as townhomes, have increased by 109 per cent in the last decade. “In July 2005, the average price of a ground-related home in the GTA was $386,133. Today it is more than double that,” says BILD president and CEO Bryan Tuckey. “This means that many first-time buyers have been priced out of the lowrise market.” New highrise prices have also increased 57 per cent since July 2005, when the average price was $284,598. In July 2015, it was $446,398. The price per sq. ft. for highrise homes reached a record high $570 in July, while average unit size fell to a record-low 783 sq. ft. “The industry is using innovating architectural design to make new homes more affordable,” Tuckey explains. “By maximizing living space and reducing overall suite size, our

44 NEW CONDO GUIDE AUG 29 - SEP 12, 2015

2015

15,349 23,911 25,528

members are able to keep prices within reach for many first-time buyers.” The price gap between brand new highrise and lowrise homes has grown to $359,997, which BILD attributes to limited supply of new ground-related homes due to lack of development-ready, serviced land across the region. “Homes are being purchased faster than they can be brought to market,” Tuckey says. “Sales have been strong but a lot of them are coming from older, unsold inventory because new project launches can’t satisfy demand.” There were 13,259 lowrise homes sold across the GTA so far this year, while remaining inventory of lowrise homes fell to 4,550 – a new record low. “Lowrise inventory has fallen below record low levels several times this year and will continue to do so until we have an adequate supply of serviced land designated for development.”

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Investors getting schooled on studentoriented rental condos By Andrew La Fleur

tudent-oriented rental condos are booming. Should you consider adding one to your portfolio? I’m getting more and more requests these days from my clients for student-oriented investment opportunities. The fact is that student rental condos are very hot right now. Projects like University Suites in Kingston (Queen’s University), The Academy Condos in Scarborough (University of Toronto Scarborough Campus) and more recently Grid Condos in Toronto (Ryerson) were among the best-selling condos in the country over the last year, and many of my investor clients took advantage of these opportunities. 4 reasons why investing in student rental condos has never been more popular: 1. Student housing can provide great monthly cash flow. Students are more inclined to share space and therefore, as a landlord, you can charge by the room instead of by the size or the unit type. 2. Student housing gives you a very predictable and steady rental pool – especially if your property is located in close proximity to a major university campus. 3. Students actually make very good tenants from a rental payment standpoint because 90 per cent of the time, it’s not the student who is paying the rent - it’s mom and dad. And mom and dad are increasingly wealthy, and want to put their children in the best possible environment for success. 4. Higher education is a booming industry in Canada. University enrolments are up exponentially over the last decade and they continue to grow every year. Demand for student housing is far exceeding the current supply in cities across Canada, and the current housing stock in most University areas is aging and woefully inadequate. Student rental condos are filling in this gap. The future of student housing The old stereotype of student housing being dilapidated old houses with six to eight students sharing four bedrooms and one shower is slowly going away, as students are more discerning and are paying more than ever for their education.

46 NEW CONDO GUIDE AUG 29 - SEP 12, 2015

Just like anyone else, students prefer to live in beautiful spaces that are clean and modern, with great amenities and located as close as possible from where they need to be every day – their school campus. Upon graduation, students are entering a marketplace more competitive than ever before and having just an undergraduate degree is no longer good enough to get a good job. As a result, graduate schools are seeing huge growth too, as students are staying in school longer and longer. This is why student-oriented rental condos are so popular. They address the growing need for high-end accommodation for the discerning student looking for every advantage they can get, and this is why every condo investor should consider adding some of this product type to their portfolio.

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

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IN THE NEWS

Toronto housing starts fall for first time in five months

ousing starts in the Toronto Census Metropolitan Area (CMA) trended lower at 36,810 units in July compared to 39,108 in June, according to Canada Mortgage and Housing Corp. (CMHC). The trend is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR) of housing starts. “Toronto housing starts decreased for the first time in five months, due to contracting apartment starts. However, strong sales of pre-construction condominium apartments over the past two years will convert to more starts as the year progresses,” says Dana Senagama, CMHC’s principal market analyst for the GTA. “Lowrise starts remained robust. A tighter resale market also resulted in demand spilling over into the new-home market.” CMHC uses the trend measure as a complement to the monthly SAAR of housing starts to account for considerable swings in monthly estimates and obtain a more complete picture of the state of the housing market.

48 NEW CONDO GUIDE AUG 29 - SEP 12, 2015

In some situations, analysing only SAAR data can be misleading in some markets, which are largely driven by the multiples segment of the markets, and can be quite variable from one month to the next. The stand-alone monthly SAAR was 23,657 units in July, down from 30,623 units in June. This was the result of a decrease in apartment starts this month. The City of Toronto maintained the highest number of starts, most of which were apartment units, but also a large number of single-detached and row starts. The City of Vaughan and Brampton had the next highest number of starts, which was made up of mostly single-detached homes.

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Get Social with us: AUG 29 - SEP 12, 2015 NEW CONDO GUIDE 51

Move in 2016 The Games Live on!

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AUG 29 - SEP 12, 2015 NEW CONDO GUIDE 53

TAXING ISSUES

Don’t try to time the market... By Henry Choo Chong

This year, my wife and I would like to get into our first home. We have saved almost $65,000 for a down payment. This was three years of eating mac and cheese, and no vacations. Is now the right time to buy? -Steve and Kathy, North York

First-time homebuyers should not try to time the market, but buy when they are ready and able. Remember: a home used as your primary residence is always a great investment. First of all, in Canada, the sale of a family home is tax-free. When you sell your principal residence at a profit, that income is tax-exempt. Secondly, through home ownership, you pay yourself first – not a landlord! Mortgage payments are a way of “forced savings.” Thirdly, you can decorate and enjoy the home as you please. No money saved, but gratifying to the soul. Before venturing into the land of home ownership, do some homework: » Buy what you can afford. Many times, the heart is bigger than the pocketbook. Know what price range is comfortable and try not to deviate. » Get the best interest rate and terms. Shop for the best rate and terms. A half point rate differential can cost you thousands. So can a mortgage that is closed or not portable. » Put down as much as possible to avoid a high-ratio mortgage. » Ensure your monthly mortgage payments are manageable and will continue to be so even if interest rates rise as early as next year and payments increase. ›› Consider closing costs Set aside an additional two to three per cent of the purchase price of the home to cover closing costs like Land Transfer Tax, legal costs and moving expenses. You do not want get caught short several thousand dollars on closing day in order to complete the deal. Speak to a real estate lawyer and he or she will give you some ideas.

54 NEW CONDO GUIDE AUG 29 - SEP 12, 2015

›› HST, Land Transfer Tax Under certain circumstances, first-time homebuyers can qualify for Toronto Land Transfer Tax and HST rebates. Remember, you pay 13 per cent HST on new homes, not resale. If you’re buying a new home, check if HST is included in price quoted. What happens to the HST rebate? Who gets it? » Use your RRSP as part of the down payment. Under the federal government’s Home Buyers Plan (HBP), an individual and their spouse, provided they qualify, may withdraw up to $25,000 each, tax-free, from their RRSPs. You then have 15 years to repay the amounts to your RRSP, starting after the second year of your withdrawal. The opinions and views expressed herein are those of the author and not those of New Condo Guide. New Condo Guide does not necessarily endorse or encourage any specific tax strategies. Please consult a tax professional for advice specific to your particular situation.

Henry Choo Chong, CGA, sits on many committees and provides accounting and tax services to individuals and businesses in the GTA. He can be reached at 416.485.5225. Questions to Taxing Issues can be emailed to choochonghcga@yahoo.ca

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IN THE NEWS

Canadian home sales dip, but still strong in July

ational home sales dipped slightly month-overmonth in July, down by 0.4 per cent according to the Canadian Real Estate Association (CREA). While this marks the second consecutive month showing sales declines, activity in May, June and July reached its highest monthly levels in more than five years. Sales stats Year-over-year, national sales were up 3.4 per cent, marking the second-highest July sales figure on record after 2009. Activity stood 12.6 per cent above the 10-year average for July. Sales were up from July 2014 in just over half of all local markets, led by B.C.’s Lower Mainland and the Greater Toronto Area. While Calgary continued to post the largest annual declines in sales compared to last year’s record levels, activity there is still in line with fiveand 10-year averages for sales during the month of July. “National sales activity remains solid, fuelled by strength in British Columbia and the Greater Toronto Area, where listings are in short supply or trending that way,” says CREA president Pauline Aunger. “It’s fair to say that the strength of national sales is still a story about two cities, but it’s equally about how trends there are spreading out in their respective provinces,” adds Gregory Klump, CREA’s chief economist. “Trends in British Columbia and Ontario have a big influence on the national figures, since they account for about 60 per cent of national housing activity. As a result, the national picture reflects how demand is running high for the short supply of single-family homes in and around the GTA while the balance between supply and demand is tightening in B.C.’s Lower Mainland. These remain the only places in Canada where home prices are growing strongly.” Talking dollars The national average sale price was $437,699, up 8.9 per cent year-over-year in July. The jump was largely attributed to increases in Toronto and Vancouver. Excluding these two markets, prices were up 4.1 per cent to an average of $341,438. Year-over-year price growth picked up in July for all home types. Two-storey single-family homes

58 NEW CONDO GUIDE AUG 29 - SEP 12, 2015

continued to post the biggest year-over-year price gains (up 8.16 per cent), with comparatively more modest increases for one-storey single-family homes (up 4.88 per cent), townhouse/row units (up 4.49 per cent) and apartments (up 2.96 per cent). Greater Vancouver and Greater Toronto continue to post the biggest year-over-year price increases, up 11.23 and 9.39 per cent respectively. Price gains in Calgary continued to slow, with a year-over-year increase of just 0.14 per cent in July. This was the smallest gain in nearly four years, with July’s reading down about 0.7 per cent from the peak reached in November 2014 and up by about an equal percentage compared to the recent low point reached in April 2015. Prices continued running roughly even with year-ago levels in Saskatoon. Elsewhere, home prices were up from July 2014 levels by just under two per cent in Greater Montreal and by just under one per cent in Ottawa. By comparison, prices fell by about three and a half per cent in Regina and by about one and a half per cent in Greater Moncton. Sales versus new listings The number of newly listed homes has been sitting steady for the fourth consecutive month now, New supply was up in a little more than half of all local markets, led by rebounds in Calgary and Edmonton which offset a small step down in the GTA. The national sales-to-new-listings ratio was 56.8 per cent in July, down slightly from June but on trend for sales this year as new supply has remained stable. A sales-to-new-listings ratio between 40 and 60 per cent is generally consistent with balanced housing market conditions. Readings above and below this level indicate sellers’ and buyers’ markets, respectively. The ratio was within the balanced range in about half of local housing markets in July. One-third of all local markets breached the 60-per-cent threshold, mostly in B.C. and the GTA. There were 5.6 months of inventory on a national basis at the end of July 2015, unchanged from the previous two months and at a three-year low. The figure represents the number of months it would take to liquidate the current inventory of homes for sale.

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LIFE. LIVED BETTER.

STARTING FROM THE MID $200’S

P R E S E N T A T I O N C E N T R E – 784 ST. CLAIR AVE WEST (west of Arlington Avenue)

SAT & SUN 12-5 PM MON & TUES 12-6 PM WED 1-7 PM

THENESTCONDOS.COM

416.223.0003

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.

AUG 29 - SEP 12, 2015 NEW CONDO GUIDE 59

DESIGNER ADVICE

NEUTRAL

territory

By Yanic Simard â€˘ Photos by Robin Hill

I recently had the pleasure of designing my own relaxing Miami retreat! With the mercury soon going south in Canada, you too can reap the rewards of some South Beach style with a neutral tone-on-tone interior. Here are some ideas for a total overhaul or a quick refreshing update.

continued on pg. 62 60 NEW CONDO GUIDE AUG 29 - SEP 12, 2015

ONE STEP CLOSER TO EVERYTHING 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 sleek towers will share a central park, shopping and The Kip Club, a members only, truly awesome amenity centre! All just minutes from some of Etobicokeâ€™s nicest parks, shopping, schools, groceries and transit. PRE-CONSTRUCTION PRICES START AT JUST $232,900

Visit the Sales Centre Today! 5143 Dundas St. West TheKipDistrict.com | TheKip@ConcertProperties.com Rendering is artistâ€™s concept. Prices, availability, design and specifications subject to change without notice. E.&O.E. April 2015.

DESIGNER ADVICE continued

1 / Picture perfect palette Sometimes the best colour scheme is no colour at all! To capture the South Beach spirit and keep this space feeling open and fresh, I used a white-on-white palette based around Benjamin Moore’s #OC-65 Chantilly Lace, and then added pops of other neutrals for variety.

Tip To add some neutral sparkle to your space, try the Glass Duo Tealight/Taper Candle Holder. $13. Visit YSSelected.com

2 / Lively lodgings Speaking of cool tones, it’s important to add some warmth into a white-on-white space if you don’t want it to feel too chilly. This is why this space primarily consists of warm woods and beige accents, over cooler grey tones, and comforting accents such as the sheepskin rug in the bedroom (and exposed storage for extra bedding).

Tip Faux fur and shearling is a huge trend — incorporating the Aspen Deluxe Faux Fur Throw gives a chic lodge look to any space. $132. Visit YSSelected.com 3 / Tasteful texture A minimal palette puts the focus on texture, so it’s key to have contrast between soft and hard, smooth and rough, shiny and matte. The sleek glossy ﬂoors practically demanded a soft cowhide, but other furnishings use leather, ceramic and fabric upholstery (with mix-andmatch pillows) for tons of tactile sensations. Tip Sculptural accents such as the Carved Divot vase (pictured right) adds a rich punch of texture. Visit YSSelected.com continued on pg. 64 62 NEW CONDO GUIDE AUG 29 - SEP 12, 2015

Coming Soon

North York’s defining moment. Sophisticated Living Close to Fairview Mall with Over 175 Retailers In Proximity to Don Mills Subway Station Near Greenery starting from the mid $200’s

Be first in-line.

Fifth onthePark.ca Call 416.492.0001 for information

Exclusive Listing: Baker Real Estate Incorporated Brokerage. Brokers Protected. The image of Fifth on the Park is for illustrative purposes only and in no way represents or guarantees the views nor represents or guarantees any condition at present or in the future, which may obstruct or impede the views. The Fifth on the Park is the second tower out of three proposed towers within this phase. Views are subject to change without notice. Rendering is an artist’s impresssion. All prices, sizes and specifications are subject to change without notice. E.&O.E.

AUG 29 - SEP 12, 2015 NEW CONDO GUIDE 63

DESIGNER ADVICE continued

4 / Tried and true Taking the texture even further is the combination of wood and metal. Blended with white, they form a timeless trio. Balancing all three in roughly equal proportions helps the galley kitchen look coordinated despite combining so many materials – and each is picked up again throughout the space for a harmonious vibe.

Tip Don’t be afraid to mix metals, especially in a neutral space. A piece such as the Talis Hammered Gold Platter plays well next to cool silver tones. $70. Visit YSSelected.com 5 / Crystal clear Finally, to keep the space feeling open, I balanced some of the heavier items with light touches, such as clear acrylic nesting tables and transparent ghost chairs on the balcony. Beachy sea glass vases finished off the look for a perfect retreat in paradise!

Beachy sea glass vases finished off the look for a perfect retreat in paradise!

Tip These Cut Crystal Decorative Knobs are an easy switch-out, adding an airy accent to any home. $22 for two. Visit YSSelected.com

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

64 NEW CONDO GUIDE AUG 29 - SEP 12, 2015

AUG 29 - SEP 12, 2015 NEW CONDO GUIDE 65

HOMEBUYERS’ HELP

Do you need a power of attorney? YOUR LAND IN LIMBO By Kara Kuryllowicz

he term “power of attorney” isn’t something typically on the mind of the young and the restless. But if you have assets and debts, and don’t have a power of attorney, the results can be frustrating and financially crippling. People mistakenly assume that a spouse, parent, sibling or trusted friend can act on your behalf if you were incapacitated due to an accident, suffered a medical mishap or otherwise. But legally, nobody has the authority to access your funds to pay your bills, or sell your investments and real estate in order to care for you.

“We don’t think anything bad will happen, but catastrophic accidents and illnesses can and do happen at any age,” says Natalie Schernitzki, an associate lawyer specializing in wills and estates/commercial litigation, Morrison Brown Sosnovitch LLP. “If you haven’t assigned a power of attorney for property, which includes assets such as real estate, bank accounts and investments, the results can be pretty catastrophic on a number of levels.” A power of attorney of property may be appointed for a limited purpose or on a continuing basis. A “limited power of attorney” becomes effective as soon as it is signed, and can save you cost and inconvenience. For example, you live overseas. A limited power of attorney could give the appointed person (“the attorney”) the ability to sign property purchase documents on your behalf, and you never have to get on a plane. However, a “continuing power of attorney” becomes effective in the continued on pg. 68

66 NEW CONDO GUIDE AUG 29 - SEP 12, 2015

RESIDENCES FROM $400’S TO $1 MILLION

P I C N I C H I G H PA R K . C O M 416.670.3699

Rendering is an artist’s impression. Prices, sizes and specifications are subject to change without notice. E.&O.E.

AUG 29 - SEP 12, 2015 NEW CONDO GUIDE 67

HOMEBUYERS’ HELP continued

event that you are incapacitated, and allows the attorney to manage your assets during your incapacity. Is not having a continuing power of attorney for property really that big a deal? Yes! In dire circumstances, it could render your estate in limbo, leaving your loved ones to pay your expenses out of their own pockets until you regain consciousness, or until they are granted guardianship by the court – both scenarios posing a potentially long waiting period. Power of attorney versus guardianship Guardianship provides the same authority as power of attorney, but the attorney is selected by the individual while they are still capable whereas a guardian, for example a family member or friend, must apply to the court for guardianship after the individual has been deemed incapable by a government-certified capacity assessor. “In my experience, nine out of 10 people don’t have a power of attorney and without one, if something goes wrong it’s an absolute horror show,” says Gerry Miller, managing partner of Toronto law firm Gardiner Miller Arnold. Your attorney for property has the power and freedom to make decisions on your behalf and take actions concerning your property and financial affairs. This can include everything from collecting debts to paying bills, buying goods and services, selling, storing or disposing of personal belongings, and maintaining or selling property or conversely, buying it. Lawyers will typically charge about $350 for a single Power of Attorney and about $450 for spousal POAs that essentially mirror one another. Gardner Miller Arnold offers 68 NEW CONDO GUIDE AUG 29 - SEP 12, 2015

A power of attorney of property may be appointed for a limited purpose or on a continuing basis a will package, for a straightforward will, that includes the power of attorney for $500, while a single POA will cost $150. MBS also offers a package of wills and powers of attorney for property – $1,000 for one person and $1,200 for a couple. Is it worth the price? The capacity assessor’s fee will likely be $1,000 or more, while having a lawyer prepare and present the guardianship application will typically start at $5,000 and can be double or even triple that price. If you have assets and bills to be paid, you need a power of attorney for property, whether you’re in your 20s or your 60s, are single, married or in a long-term, committed relationship. As both Miller and Schernitzki point out, if you’re incapacitated, the people who care about you are already facing significant emotional and even practical challenges without adding the psychological and financial burden of your land in limbo.

AUG 29 - SEP 12, 2015 NEW CONDO GUIDE 69

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CONDOMINIUMS IM NI IN S S C O NCDO CON OMD NIO D NM O I UM SUI M UM CONDOMINIUMS

New Sales Centre: 184 Glad Park Avenue, Stouffville | Mon to Thurs: 1 – 6pm / Sat & Sun: 12pm – 5pm / Friday Closed Sales Centre: 184 Glad Park Avenue, Stouff ville | Mon toto Thurs: 1 –1 6pm && Sun: 12pm – 5pm / Friday Closed NewNew Sales New Centre: Sales Centre: 184 Glad 184 Park Glad Avenue, Park Avenue, Stouff ville Stouff | ville Mon |toMon Thurs: Thurs: 1 – 6pm –/6pm Sat/&Sat /Sun: Sat 12pm Sun: –12pm 5pm /– 5pm Friday / Friday Closed Closed New Sales Centre: 184 Glad Park Avenue, Stouffville | Mon to Thurs: 1 – 6pm / Sat & Sun: 12pm – 5pm / Friday Closed 407

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IN THE NEWS

Gemterra breaks ground at Joy Condos along the Sheppard Avenue corridor

emterra celebrated the official ground breaking of Joy Condos, an impressive 22-storey tower located next to Love Condominiums along the Sheppard Avenue corridor at 195 Bonis Ave. Following the successful completion of Love, this latest development will become an outstanding addition to the Gemterra-built community that is anchored by a glass-enclosed amenities building. A communal courtyard with barbecue patio, state-of-the-art fitness centre, aerobics/yoga room, indoor swimming pool and hot tub featuring change rooms with saunas are meant to bring residents together to build relationships and positive interactions.

72 NEW CONDO GUIDE AUG 29 - SEP 12, 2015

Gemterra also unveiled the core of this vibrant community – a sustainably landscaped Green roof terrace offering over 4,000 sq. ft. dedicated to enjoying the outdoors. An active track borders the large urban garden and open space for group exercise and activities. “Today’s ground breaking marks our commitment to continue with our high-quality projects in this bustling pocket of Scarborough. Once complete, Joy and Love will be home to hundreds of new families and residents establishing their roots in this area, which we are very proud to be a part of,” says Yan Wang, vice-president of Gemterra Developments Corp. Many community leaders were on hand for the ground breaking. They were joined by Baker Real Estate’s president, Barbara Lawlor, and Norm Kelly, councillor of Scarborough-Agincourt Ward 40. “The Scarborough community is continually evolving and Joy Condos plays a key role in shaping its future. With developers like Gemterra bringing modern and affordable residential options in our area, we are building communities for the next generation,” says Councillor Kelly. The completion date for this project is scheduled for fall 2018. For more information, visit joycondos.com.

The Joy Of Living NEW SALES CENTRE AND TOWNHOME RELEASE! COMING SOON In Scarborough at $ Kennedy + Sheppard

Suites From Low

200’s

Experience the joy of living in an exceptional condominium and townhome community surrounded by enviable amenities. Joy awaits, with big beautiful homes in the heart of Scarborough.

Exclusive Listing: Baker Real Estate Incorporated, Brokerage. Brokers Protected.

Prices, terms & specifications are subject to change without notice. Illustrations are artist’s concept only. E. & O.E August 2015

IN THE NEWS

Ottawa’s Capital Hall answers student need for housing near Carleton University

eal estate investing is a tried and true method of simple math: what is the actual investment and what is the anticipated rate of return over time? That basic equation has never made more sense than at Capital Hall Condominiums, now being developed by Ottawa’s Ashcroft Homes. The two-tower, 500-plus unit project in the heart of Little Italy, one subway stop from Carleton University, will deliver first-class affordable residences while filling a need for student housing in one of the country’s fastest-growing metropolitan areas. One of the towers, Capital Hall, will be a stunning 26-storey brick and stone tower overlooking Dow’s Lake, downtown Ottawa and Carleton University. The residences are just two minutes from the Carling Station subway stop, and a four-minute ride on the newly expanded O-Train to Carleton University. The condos will also be near restaurants, bars, bistros and shopping, as well as fitness-friendly greenspace with jogging and bike trails, along with the recreational amenities of Dow’s Lake. While the Ottawa-Gatineau National Capital Region is home to more than one million people, with population growth of 8.8 per cent well above the Canadian average, student housing at world-renowned Carleton University has failed to keep pace with the growth of this vibrant and diversified metropolitan area, which now boasts the highest median income in the country. Carleton University has enjoyed 18-per-cent growth in its student population over the past 10 years (including a 43-per-cent increase in international student enrollment) with a current total student population of close to 28,000. Capital Hall will benefit by this continuing stream of new students attracted to the prestige and reputation of Carleton, and will supply furnished condominiums and amenities specifically designed to appeal to students, and their parents. The project represents an income-driven investment with the security of real estate, and provides a positive cash flow opportunity in addition to the steady growth in Ottawa real estate prices. Suites at Capital Hall range from studios to twobedroom units with two washrooms, and are thoughtfully designed with livability in mind, with functional and 74 NEW CONDO GUIDE AUG 29 - SEP 12, 2015

flexible floor plans for efficiency in everyday living. The fully furnished suites at Capital Hall make this turn-key ownership and ready to rent, including beds, side tables and lamps, living room and dining room furniture, chairs and television. Capital Hall also features 8,000 sq. ft. of student-friendly amenities designed to promote a socially engaged lifestyle, including a fully equipped fitness centre, party room, lounge with secluded study areas and a landscaped outdoor courtyard. “Most important, Capital Hall has been designed as an environment where students will thrive in a safe and secure atmosphere,” Says Ashcroft Homes’ CEO David Choo. “Ashcroft Homes’ ‘Envie Brand’ is a lifestylefocused approach to student condos designed the way students wish to live. Envie features a lifestyle program manager to help students balance university work and social lives, and Capital Hall also features 24-hour security, closed circuit cameras, on-site housekeeping services, and 4,000 sq. ft. of ground-floor retail featuring a grocery store and coffee shop.“ The real estate investment formula at Capital Hall speaks for itself – a safe and secure, first-class environment that addresses the significant shortage of housing for a burgeoning student population. For more information, visit ashcroft-homes.com

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*Based on assumptions driven by market conditions. Pricing and specifications subject to change without notice. E&OE

IN THE KITCHEN

FIRED UP

with Chef Roger Mooking By Stephanie MacDonald • Photos of Roger Mooking by Dave Krovblit

e can enlighten and entertain you with original music, inspire your appetites with exotic flavours or sit in judgement of culinary failures on TV. He’s Roger Mooking, and he’s got a lot on his plate. He has four young kids, a gig as a judge on Canada’s most popular Food Network show, and an ambitious new restaurant venture that aims to make airport food fresh, delicious and fast – Roger Mooking 76 NEW CONDO GUIDE AUG 29 - SEP 12, 2015

is a very busy man. The Trinidad-born and Edmontonraised chef has an impressively varied résumé, including: as MC Mystic in the Juno award-winning R&B trio Bass is Base; as a solo recording artist; cookbook author; third-generation restaurateur, and star of popular Food Network shows such as Everyday Exotic, Heat Seekers, Man Fire Food; and now as a recurring judge on Chopped Canada. So how does the celebrated chef and television

“ ...every now and then I’ll build a little fire on some stones in the backyard and cook on that. I’ll have a broiler going…sometimes they’re all going at once. I have a little bit of a fire obsession.” personality deal with the sometimes-questionably prepared and strangely flavoured concoctions presented by the contestants of Chopped Canada? “People come into the Chopped Canada kitchen and they think, ‘Oh, I’ve seen a hundred episodes of this show, I know what to do with pop rocks and beef tenderloin…’ but when they actually get there, they have 20 finite minutes, and everything changes. It is a very hard challenge, and, as a result, we do sometimes have to put some fairly frightening things past our lips.” Airport food is also a scary thing sometimes, and the task of serving rushed, often stressed out passengers equally so. This daunting challenge has proven to be no problem for Mooking’s latest eatery, Twist, located in Terminal 1 of Pearson International Airport in Toronto. “I go through a lot of airports, and as someone who loves and works in the food industry, I know the airport presents unique challenges. I also know that it could be better. When the opportunity was given to me, I knew what I would like to see, and I did those things.” Being located in the airport means serving a broad spectrum of people, from a three-year old to a 93-year-old, vegans, gluten-intolerant people and so on. This led to the design of a kitchen and serving process with significant changes from the typical airport kitchen, allowing Twist to serve fresh, made-toorder meals from an innovative mix-and-match menu, all in a very short amount of time. “Everything from the décor, the suppliers to the pacing of the service was examined to make an experience that I think is really much better, one that matches the standards I have for myself.” One thing that’s not a challenge for Mooking – putting fire and meat together with delicious results. Though he never cooks the same thing twice, the host of Man, Fire, Food has some good advice on how to put on the perfect patio party this summer. A self-confessed barbecue addict whose backyard is home to a plethora of fire-based cooking contraptions, Mooking explains, “I’ve got a Green Egg, a big steel keg, I have a propane barbecue, every now and then I’ll build a little fire on some stones in the backyard and cook on that, I’ll have a broiler going… sometimes they’re all going at once. I have a little bit of a fire obsession. “I like to cook a variety of things and present it to my guests. I let them serve themselves.” Sometimes

Watch Chopped Canada season 2 on Food Network Canada, Saturdays at 9 p.m.

this extends to even cooking the food. “One time I threw a pizza party, where I made a lot of dough, fired up the Green Egg outside, and let everyone make their own pizzas. The kids loved it. There were 30 different toppings, including spicy béchamel, six different cheeses – everyone gets exactly what they want.” The theme of the perfect party at the Mooking residence usually revolves around the food itself. “I like to go to the store and see what looks good, and then take it from there. My perfect party is pretty casual.” At the home of a professional musician you know the music is going to be good, but Mooking says he just takes care of the delicious food and lets the kids be the DJs. “I have a couple of iPods kicking around, one with kids’ music, as well as good old party classics like Duran Duran and Bob Marley. I put it on shuffle and you often hear Frozen followed by No Woman No Cry. It’s pretty eclectic.” With all this much fun and fabulous food going on, how do you ever manage to get anyone to leave? “Well, with our four little kids and all their friends and cousins running around, early bedtimes usually bring the night to a close. We’re all exhausted.” AUG 29 - SEP 12, 2015 NEW CONDO GUIDE 77

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

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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.

78 NEW CONDO GUIDE AUG 29 - SEP 12, 2015

GTA Edition Aug 29 - Sept 12, 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 AUG 29 - SEP 12, 2015 NEW CONDO GUIDE 79

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.

JAMES By Lamb Development Corp.

Dive into an arts-inspired life on Toronto’s waterfront. Register today. Web: DanielsWaterfront.com

Tall, dark and handsome. Rising just west of Spadina Ave. on Richmond St. W. This tall thin tower of 18 stories represents the best of modern architecture and design. Register now. Web: JamesToronto.ca

BRIAR HILL CITY TOWNS By Madison Homes Register now for Briar Hill City Towns – bungalow and two-storey urban towns coming in fall 2015. 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 SONIC CONDOS By Lindvest Register now to stay up to date on the newest condo coming to Eglinton and Don Mills. Web: Lindvest.com

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

80 NEW CONDO GUIDE AUG 29 - SEP 12, 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

ISLINGTON TERRACE By Tridel Grand opening continues at this masterplanned community minutes from Islington Village and Kingsway on Bloor. Web: Tridel.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

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

THE RAVINE By Urban Capital & ALIT Developments

EAST UNITED By SigNature Communities

TEAHOUSE By Lanterra Developments

Register now to be part of Toronto’s vibrant east end. Condos coming to the corner of Berkeley and King. Web: EastUnitedCondos.com

Model suite now open in North York, where city and nature come together. Web: TheRavine.ca

Phase 2 now open at 501 Yonge St., where east meets west in this new Asian-inspired condominium. Web: TeaHouseCondos.com

JOY CONDOS By Gemterra

AQUALINA AT BAYSIDE By Tridel

Coming soon to this prime Scarborough location, near Kennedy and Sheppard. Register now to stay up to date. Web: JoyCondos.com

Construction has started on the Toronto waterfront. Visit the presentation centre and two model suites, now open. Web: Tridel.com/aqualina

oneeleven condos from harhay developments + carttera

the best deal at king + bathurst new condos from the low $300s. move in spring 2016. register at oneeleven.ca or call 647 351 4111 for promotions + upcoming events.

CONDOMINIUMS + LOFTS

two-storey penthouse designed by internationally renowned II BY IV Design Associates, each unit features 9-foot ceilings in all principal rooms, designer european-style kitchens, engineered hardwood floors, exposed concrete ceilings, floor-to-ceiling windows and soaker tubs.

Exclusive Listing Brokerage: Baker Real Estate Incorporated. Brokers Protected. Rendering is an artistâ€™s impression. Prices and specifications are subject to change without notice. E.&O.E. July 2015. AUG 29 - SEP 12, 2015 NEW CONDO GUIDE 81

IN THE NEWS

Lindvest launches new condo at future transit hub

ot on the heels of its successful B.Streets Condos, Toronto-based developer Lindvest has just announced a new condo coming soon to Eglinton and Don Mills. Dubbed Sonic, the highrise is already making a boom among real estate watchers and condo buyers, with promises to infuse new life into this future transit hub. So, what’s in the works? The initial release is a 28-storey tower in a parklike setting boasting 25,000 sq. ft. of amenities. “It’s a fantastic location at a major city hub, that is poised for incredible growth,” says Joseph Alberga, director of sales and marketing at Lindvest. “Steps away from the upcoming Metrolinx Eglinton Crosstown Station and next door to

82 NEW CONDO GUIDE AUG 29 - SEP 12, 2015

the DVP, it makes it an unbelievable opportunity to be well connected to the downtown core and all that Toronto has to offer, minus the congestion.” About the developer Toronto-based Lindvest is part of the well-respected, award-winning H&R family of companies, which has been building with excellence for more than 60 years. Lindvest was founded in 1998, and since that time has built successful communities across the GTA, all designed with beauty and function in mind. Over the years, Lindvest has been recognized for excellence in planning, progressive urban design and superb construction standards. Attentive customer service is a cornerstone of the company’s corporate philosophy, which embodies approachability, honesty and integrity. The firm is known for selecting established, up-and-coming locations that appreciate in value over time. Sonic is set to release later this fall. For more information and to register, visit lindvest.com

FUTURE PERFECT CONDOS.

Sonic. The future of a new community. Eglinton and Don Mills. Future Eglinton Crosstown. The D.V.P. Over 25,000 sq. ft. of amenity space. Fresh, modern, design savvy. Commit to your future.

COMING THIS FALL REGISTER TODAY

Mil

lindvest.com/sonic

u re n Fut osstow es C r t ra n c En

Don

Exclusive Broker: Milborne Real Estate Inc. Brokerage. Brokers protected. 08/15. Pricing, information and specifications subject to change without notice. E. + O.E.

Priced from the low $200s.

int Eg l

so n

on ario O n t i e n ce S c e n t re C

IN THE NEWS

Minto Westside Block Party celebrates the west end

into Westside in partnership with Scadding Court Community Centre, recently invited the public out for a massive celebration of Toronto’s west side with the Minto Westside Block Party. Hosted at the Westside Market, a collection of bright and bold shipping containers at the corner of Front and Bathurst, the event treated guests to a taste of life on the west side with live music, gourmet urban food fare, local crafts and vendors, all locally sourced from the neighbourhood, as well as an interactive pop-up Minto #WestsideTO photo booth. Hosted during the Toronto 2015 games, guests also had the opportunity to meet and mingle with star Team Canada who were honoured on stage during the evening. The Pan Am Team Canada athletes included Mandy Bujold, gold medal winner, Pan AM 2015 Women’s Flyweight Boxing and Sasha Gollish, bronze medal winner, Pan AM 2015 Women’s 1500m Running. “The games ignited a phenomenal energy in this city,” says Amanda Wilson Watkins, vicepresident of marketing and sales for Minto. “We wanted to bring the community together to celebrate that true Toronto culture and spirit.” Elected politicians, MP Adam Vaughan and MPP Han Dong were also on site to address the crowd about the importance of initiatives like the Minto Westside Block Party for celebrating the unique culture and community of Toronto’s neighbourhoods. Starting from the high $200,000s, Minto Westside offers design-forward condos from a price point seldom seen in the downtown market, with units ranging from one- to three-bedroom layouts. Strategically situated close to

84 NEW CONDO GUIDE AUG 29 - SEP 12, 2015

MPP Han Dong with Pan AM Athletes, Minto’s Amanda Wilson Watkins, MP Adam Vaughan, Kevin Lee. Photo by: Arthur Mola

Guests enjoy the interactive pop-up Minto #WestsideTO photo booth. Photo by: Arthur Mola

both the city’s Financial District and King West’s Entertainment District, Minto Westside appeals to urban residents with busy work and play schedules. Raising the design bar for the lower-Bathurst corridor, Minto Westside’s striking white facades stand apart from anything in the downtown core. A dynamic public art piece at street level features towering pickup sticks as a 3D element against bands of vibrant colour. “With such phenomenal design and an unparalleled neighbourhood experience, you won’t find a downtown residence come along like this again,” says Wilson Watkins. “Minto Westside is the new benchmark in the Toronto condo market.” Minto Westside is located at 25 Bathurst St., with prices from the high $200’s. The first phase includes 345 suites in an 18-storey tower, with one- to three-bedroom suites ranging in size from 501 to 950 sq. ft. The sales centre is open Monday to Thursday from noon to 7 p.m.; and Saturday and Sunday from noon to 5 p.m. To book an appointment contact westside@minto.com or 437.836.8586. For more information visit mintowestside.com

™

70%

*Prices and availability subject to change or be withdrawn without notice and do not include taxes. E&O.E.

NOT JUST A DESIGNFORWARD RULE BREAKER. A GAME MOVEFORWARD CHANGER.

SOLD

ARAGON.CA

™

ARAGON.CA

THINKFORWARD™ ARAGON.CA

LIVEFORWARD™ ARAGON.CA

VISIT OUR NEW PRESENTATION CENTRE

ENIGMA ON THE PARK

Ave

Presentation Centre

Ave

elens

downe

Lans

r St W

Bloo

St. H Ave

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: 1346 Bloor St. West, 416.516.1551.

e Wad

Enigma on the Park is now 70% sold! As we prepare for construction to start, our Presentation Centre has moved to Bloor St & St. Helen’s. 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

#ARAGONFORWARD Aragon Properties Ltd. AUG 29 - SEP 12, 2015 NEW CONDO GUIDE 85

CONDO PROFILE

The on-site one-acre park situated at the heart of Fairview Park

ENJOY LIFE AT FAIRVIEW PARK A shop, skip and jump from a mall, TTC and an on-site park

oul Condos, the first phase of Fairview Park, is now under construction. This master-planned community by FRAM Building Group is situated in one of the most desired areas of North York. Fairview Park is steps away from Fairview Mall and the TTC subway and bus system. Residents of Fairview Park also enjoy convenient access to Hwys. 401, 404 and the DVP, in addition to a smorgasbord of dining options, live and movie theatres, as well as community centres, schools and parks – it’s all within easy reach. The on-site park One of the most valued features of this development will be the brand new on-site, one-acre park. Situated at the heart of Fairview Park, this exceptionally designed park will provide an opportunity for people to stretch their legs

86 NEW CONDO GUIDE AUG 29 - SEP 12, 2015

on the walking paths or at the fitness stations, or simply relax in the beautifully landscaped gardens. Kids will have fun at the playgrounds or cooling off in the splash pad. And not to be forgotten, four-legged family members have their own off-leash dog park. Generational influences Dedicated to superior craftsmanship, the FRAM family continues to foster the quality standards implemented by the Giannone legacy. “It all starts with family,” says Frank Giannone, president of FRAM. “We’ve been building quality homes for five generations in Canada, the United States and Europe. For us, it’s about creating something special, and Fairview Park is special.” Fairview Park is the result of a broader vision. Not only

is it well thought out and well planned by Toronto-based Core Architects, but also Giannone adds, “It was designed to bring people together.” The community Fairview Park will include a combination of five condominium towers and a collection of townhomes, as well as the revered one-acre park. A celebration of cultural inﬂuences, lifestyles and preferences are reﬂected in the on-site amenities. The Soul building will include a welcoming lobby, a party room, a private dining room and a barbecue area for larger gatherings and special occasions. Attending friends or family members can always book the guest suite for overnight stays. A games room, a Wi-Fi lounge, a yoga room and a gym provide wonderful leisure time outlets. Union31 has considered every detail on the interior suite designs. Tasteful kitchen inclusions consist of under-mount sinks in granite countertops, twotoned textured cabinets with an integrated cabinet-fronted dishwasher and a pullout garbage drawer, plus a ceramic backsplash, a full stainless steel

Soul Condos at Fairview Park

Connect Condos at Fairview Park

appliance package and built-in USB chargers. Additional finishes include pre-finished, engineered strip ﬂooring, nine-ft. ceiling heights, stackable washer and dryer, and a luxurious, deep soaker tub. Home ownership made easy at Fairview Park At Fairview Park, prices start from the low $200’s. To help make owning a home a whole lot easier, for a limited time, homebuyers can purchase a stunning suite for only 10 per cent down. Expected occupancy of the first phase is next summer, 2017. Sales are now being accepted on the second phase, aptly named Connect. Extra bonuses in the Connect building will include a featured screening room, and a pet grooming area to keep Rover looking his best. Soul searching for a better way to Connect? Check out Fairview Park.

To find out more, visit the sales centre at 245 Fairview Mall Dr., call 416.773.1066 or go online fairviewparkcondos.ca AUG 29 - SEP 12, 2015 NEW CONDO GUIDE 87

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torontoregionalmaps: Toronto, East York, York

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

# Builder 1 Brandy Lane Homes 2 Great Gulf 7 The Daniels Corporation 11 Menkes Developments Inc. 11 Menkes Developments Inc. 12 North Drive Investment 16 Freed 16 Capital Developments 17 Rockport Group 18 Monarch Corporation 18 Urban Capital 18 Mattamy Homes 20 Menkes Developments Inc. 22 Monarch Corporation 22 Mattamy Homes 25 Tridel Corporation 35 Menkes Developments Inc. 35 Menkes Developments Inc. 48 Madison Homes 48 Fieldgate Homes 50 Cresford Development Corp. 52 Cresford Development Corp. 52 Cresford Development Corp. 58 Great Gulf 60 Canalfa Group 65 Aragon Properties 67 Pemberton Group 75 Canalfa Group 77 Andiel Homes Inc. 77 Berkshire Axis Development 77 Signature Communities 85 Harhay Developments 99 Great Gulf 104 Cresford Development Corp. 114 Fernbrook Homes/Cityzen Dev. 118 Pemberton Group 140 Eden Shaw 149 Camrost - Felcorp 150 Aspen Ridge Homes 199 Brad J. Lamb Realty 201 Solotex 215 Dundee Kilmer Developments 217 Pemberton Group 218 Malibu Investments Inc. 218 Urban Capital 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 *TH: Townhomes, C: Condo

Site Telephone TH* C* Price Range Page Finder The Davies 416-873-0862 • from $800,000 39 14I Yonge+Richmond 416-499-8883 • from $470,000 23 16K High Park Condominiums 416-351-1844 • from $300,000 15 8L Pears on the Avenue 416-323-0100 • from $420,000 Insert 14I 365 Church 416-591-7700 • from $249,000 Insert 14I Picnic 416-670-3699 • from $400,000 67 8L 150 REDPATH redpathcondos.com • from $200,000 31 14D 150 REDPATH redpathcondos.com • from $200,000 31 14D The Nest 416-223-0003 • from $250,000 59 11H Riva del Lago 647-347-5930 • from $350,000 Insert 24c RC3 416-862-0505 • • from $220,000 45 18L Riva del Lago 416-495-3544 • from $350,000 Insert 24c Fabrik 416-591-7700 • from $350,000 Insert 14M Picasso on Richmond 416-495-3549 • from $590,000 Insert 14M Picasso on Richmond 416-495-3549 • from $590,000 Insert 14M SQ2 416-661-1949 • IFC 15D 87 Peter 416-591-7700 • from $345,000 Insert 15M The Eglinton Yonge at Heart menkes.com • Insert 15D Zigg St.Clair West 416-545-0223 • • from $320,000 51 14J Zigg St.Clair West 416-545-0223 • • from $320,000 51 14J VOX 416-485-3000 • 43 15J CASA 2 416-486-2272 • from $390,000 43 & 112 15L CASA III 416-486-2272 • from $390,000 43 15L Monde 416-466-8885 • from $330,000 23 17M Liberty Central by the Lake - Phase One 416-537-0047 • from $409,000 69 11F Enigma on the Park 416-516-1551 • from $234,000 85 9L Citylights on Broadway 416-546-6605 • from $200,000 8 14D Liberty Central by the Lake Two 416-537-0047 • • from $250,000 47 12N East United Toronto Condos 416-642-7870 • from $200,000 55 18L East United Toronto Condos 416-642-7870 • from $200,000 55 18L East United Toronto Condos 416-642-7870 • from $200,000 55 18L One Eleven Condominiums & Lofts 647-351-4111 • from $320,000 81 13M One Bloor Residences 416-922-0081 • from $580,000 23 15I The Clover on Yonge 416-485-3000 • from $390,000 43 & IBC 14J 158 Front Condominiums 158front.com • 65 17L The Urban Townhome Collection 416-546-6605 • from $2200,000 8 15K Chaz Yorkville Condos 416-922-0045 • from $400,000 25 16J Blue Diamond at Imperial Plaza 416-925-2501 • from $300,000 1 15I Studio on Richmond 647-352-7736 • from $300,000 49 15M James 416-214-9900 from $280,000 13 14O Upper Beach Townes 416-693-7500 • from $551,000 78 24G Canary Park Condominiums 416-603-7576 • from $200,000 52 18L TEN93 Queen West 416-546-6355 • from $280,000 8 12F Smart House 416-292-0219 • from $442,000 33 15L Smart House 416-292-0219 • from $442,000 33 15L The Harlowe 416-363-1771 • from $330,000 53 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

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

Greenland Group Tridel Corporation Tribute Communities Greenpark Homes Tridel Corporation Bazis Inc. Bazis Inc. The Daniels Corporation Empire Communities Empire Communities Pinnacle International Pinnacle International Worsley Urban Partners Madison Homes Lamb Development Corp. Neudorfer Corporation Cresford Development Corp. Great Gulf 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. Lanterra Developments Tribute Communities Tridel Corporation Tridel Corporation 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 Lamb Development Corp. Shiu Pong Development Ltd. Madison Homes State Building Group Tower Hill Development Corporation Harhay Developments Diam Developments The Daniels Corporation The Daniels Corporation 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 The Daniels Corporation The Daniels Corporation The Daniels Corporation Pinnacle International Great Gulf Lifetime Developments Lifetime Developments Concert Properties Triangle West Development Lanterra Developments 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 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 Cresford Development Corp. 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 Baywood Homes TAS DesignBuild Lamb Development Corp. Lamb Development Corp. Concord Adex

*TH: Townhomes, C: Condo

Telephone

TH* C*

Price Range

Page

King Blue Condos 416-599-1355 • from $215,000 Ten York 416-596-9888 • from $1020,000 The College 416-363-4800 • from $350,000 Axiom Condominiums 647-352-4077 • from $225,000 Spadina Queen 416-661-1949 • from $350,000 One Yorkville 416-519-2911 • from $475,000 No1 Yorkville 416-519-2911 • from $408,000 One Park Place South Tower 416-955-0559 • from $320,000 Water Tower at Eau Du Soleil 416-503-3328 • from $350,000 Eau Du Soleil Waterfront Condominiums 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 Pace 416-928-2223 • from $310,000 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 Teahouse 416-861-1111 • from $281,000 Stanley mytribute.ca • from $200,000 Aqualina at Bayside 416-514-2710 • from $350,000 Aquavista at Bayside Toronto 416-514-2710 • from $1000,000 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 East Fiftyfive 416-861-9559 • from $280,000 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 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 647-351-4111 • from $320,000 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 One Park West 416-955-0559 • from $406,000 One Park Place Condominiums 416-955-0559 • from $200,000 Festival Tower 416-203-2020 • from $350,000 The Pinnacle on Adelaide 416-596-1600 • from $350,000 X2 416-927-0080 • from $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 Riverhouse at the Old Mill 416-766-7343 • from $1592,000 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 647-346-3799 • from $450,000 Yorkville Plaza 416-966-3003 • from $350,000 Cumberland Tower - Yorkville Plaza II 416-966-3003 • from $350,000 Backstage on the Esplanade 416-777-2533 Backstage on the Esplanade 416-777-2533 Vero 416-798-7070 from $250,000 Tableau Condominiums 416-591-8887 • • from $450,000 Tableau Condominiums 416-591-8887 • • from $350,000 Tableau Condominiums 416-591-8887 • • from $350,000 Carmelina 416-423-8500 • from $325,000 The Yorkville Condominiums 416-987-3344 • • from $550,000 The Bond Condominiums 416-546-7525 • • 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 1000 Bay 416-485-3000 • from $390,000 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 905-326-4100 • from $280,000 Duke Condos junctionlife.ca King Charlotte 416-368-5262 • from $416,000 Theatre Park 416-368-5262 • from $537,000 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 12N 12F M14 17L 15D 15I 15I 18k 25B 25B 17m 17M 15H 14E 19L 9k 14L 16L 17k 17k 11L 13N 12H 9L 18D 16J 16M 15I 15L 14J 16K 16K 18N 18N 15J 17I 14M 14M 19L 14B 13J 13M 16J 16J 14M 9I 9I 9I 17L 14K 14G 14G 14D 16M 23G 18K 17M 13i 14D 20J 15M 15M 13M 17N 18L 18L 13N 15I 15I 14J 17M 17M 9j 9J 14M 17L 14i 14i 14i 15K 18J 18J M14 15M 16J 16J 16m 17M 12N 5L 5L 5L 14M 15I 16J 16J 16L 16J 15L 14E 15M 15I 15I 15I 17M 17M 17M 15L 15L 15L 23J 15G 15G 17L 4H 14L M12 14I 15M 15J 15J 12H 12H 14D 19K 14F 14M 15J 14M 14E 16M 16M 12M 15M 14O 16L 16L 16L 12M 9L 18L 9L 12F 8K 15M 16M 15M

Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554

torontoregionalmaps: Toronto, East York, York

# 21 22 23 24 25 26 26 27 28 28 29 29 31 32 33 36 37 38 38 38 39 40 41 42 43 44 45 46 47 48 49 49 51 51 53 54 55 55 56 57 59 61 62 63 64 66 66 66 68 69 70 70 71 72 73 74 76 78 79 81 83 84 85 88 94 101 102 103 103 104 106 106 109 109 110 114 117 117 117 118 120 120 122 124 126 126 128 129 130 131 131 131 133 134 135 135 137 140 141 142 148 149 149 149 151 151 151 153 153 153 154 155 155 157 162 165 170 173 175 179 179 184 184 185 186 188 189 190 191 192 195 195 197 198 199 200 200 206 207 210 215 217 217 219 220 221 223

101

Steeles Ave

North York

400

121

21 22

40 8 2 50 10 4

124

401

15 128 17

11 13

123

401

122

130

125

132

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

torontoregionalmaps: North York

6 13 19 40 95 96 121 1 1 2 3 3 4 4 5 6 6 6 6 7 8 9 10 10 10 11 12 13 14 15 16 16 17 18 21 25 25 28 33 37 50 50 95 96 96 96 96 101 122 122 122 123 124 125 128 128 130 132

Builder

Concord Adex Liberty Development Corp. Madison Homes Menkes Developments Inc. Lindvest ELAD Canada Liberty Development Corp. Concord Adex Fram Building Group Torbel Group YYZed Project management Tiffany Park Homes Tridel Corporation Tridel Corporation Lindvest Concord Adex Concord Adex Concord Adex Concord Adex Fram Building Group Conservatory Group Sorbara Group Bazis Inc. metropia Plaza Castle Group Ghods Builders Inc. Castle Group Developments Torbel Group Phantom Developments Urban Capital Alit 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 ELAD Canada Kantium Development Lanterra Developments Lanterra Developments Lanterra Developments Brandy Lane Homes 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

Omega On The Park 416-813-2999 • • 26-27 The Village Residences 647-622-8408 • 35 Briar Hill madisonhomes.ca • • from $350,000 57 Gibson Square 416-730-9722 • from $641,000 Insert Sonic lindvest.com • from $220,000 83 Fifth on the Park 416-492-0001 • from $250,000 63 World on Yonge CondoHomeShow.ca • from $284,000 37 Opus 416-813-2999 • • 128 Connect Condos connectfairview.com 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 SOUL mysoulcondos.ca from $250,000 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 5959 Yonge Street 416-222-5959 • from $289,000 Vida at Bayview Village 416-304-1212 from $200,000 Diva Condo DivaCondo.com from $225,000 Tea Garden Condos teagardencondos.com • from $250,000 The Ravine 416-850-2489 • • from $250,000 The Ravine 416-850-2489 • • 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 The Colours of Emerald City coloursofemeraldcity.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 The Station 416-398-9777 • from $305,000 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 22C 20D 12F 17C 23G 24C 18A 22C 24C 17C 8E 23G 18D 18D 4C 22C 22C 22C 22C 25C 17C 17C 17C 17C 17C 20C 18A 20D 11C 19C 25E 25E 19C 14E 22e 12E 12E 25D 17B 13C 18c 18c 23G 24C 24C 24C 24C 16A 12F 12F 12F 12D 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

Passmore Ave Humberline Dr l Rd

34 Bloor St W

35 Queensway

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

Park Lawn

QEW

Royal York Rd

Dundas St W

Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.

Rathburn Rd

*TH: Townhomes, C: Condo

ett R

12 Etobicoke

409

Scarborough

Site Islington Terrace The KIP District Lago Lago Joy Condos Terrace on Danforth Vivid Condos 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 Sail Condominiums Residences at The Hunt Club Three Seven Condos & Lofts Key West Condominium Royal York Urban Towns Centro Dwell City Towns Humber Mews Harmony Village Eleven Superior Watermark Trinity Ravine Towers Encore Triumph at Valhalla Parc Nuvo at Essex Waterscapes Waterscapes West Village IQ Condos Phase 2 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

Av e

W estway

Mil

Da nf or th

Blv d

Dixon Rd

Ranforth Dr

Centennial

Manse Rd

Galloway Rd

lva

Builder Tridel Corporation Concert Properties Monarch Corporation Mattamy Homes Gemterra Liberty Development Corp. Pemberton Group 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 Opearl Developments Infinity Developments Esquire Homes Times Group Corp. ICON Homes Henderson Development Limited Menkes Developments Inc. Menkes Developments Inc. Citycore Davies Smith Queenscorp Residences Global Kingdom Ministries Monarch Corporation Edilcan Development Corp. Tridel Corporation Monarch Corporation Mattamy Homes Tridel Corporation Remington 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

Islington Ave

Kipling Ave

Martin Grove Rd

xd a

15 60

East Ave Port Union Rd

Orton Park Rd

Markham Rd

Scarborough Golf Rd

sto

ion

Finch Ave W

401

11 n Av

Alb

# 8 16 18 18 26 28 50 1 2 3 3 4 5 6 7 7 9 10 10 11 12 13 13 14 15 17 19 20 21 22 23 24 25 27 29 34 35 39 39 44 46 50 51 55 55 56 60 61 61 62 65 70 71

21 22

427

Beare Rd

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

Victoria Park

McCowan Rd

Brimley Rd

Lawrence Ave E

St. Clair Ave

n Dr

orto

Brim

Eglinton Ave E

27 71

Bellamy Rd

Kennedy Rd

Warden Ave

Birchmount Rd

Pharmacy Rd

Progress Ave

29 20

Sheppard Ave E

Morrish Rd

Ellesmere Rd

401 Midland Ave

401

Milner Ave

Conlins Rd

13 23

Meadowvale Rd

Sheppard Ave E 26

Ave

Morningside Ave

evin

McL

12 Reesor Rd

Huntingwood Dr

11 Sewells Rd

Finch Ave E

Neilson Rd

McNicoll Ave

Tapscott Rd

McCowan Rd

6 19 24 17 18

4 39

Lakeshore Blvd W

Telephone TH* C* Price Range Page Finder 416-645-8862 • from $250,000 BC 23F thekipdistrict.com • from $233,000 61 22F 647-347-5930 • from $220,000 Insert 25c 416-495-3544 • from $220,000 Insert 25c joycondos.com • from $220,000 73 4c CondoHomeShow.ca • from $253,000 37 2G 416-239-8200 • from $320,000 8 23F 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 sailcondos.ca • from $200,000 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 416-259-2525 • from $550,000 20H 416-493-0123 • 2C 416-259-8882 • from $300,000 24H 416-354-2221 • from $350,000 23H 647-876-5433 • from $270,000 7D 416-495-3544 • 6D 416-233-5554 • from $250,000 21F 416-231-0999 • from $456,000 22g 416-495-3544 • from $400,000 26H 416-495-3544 • from $400,000 26H 416-620-1887 • from $290,000 20F 416-253-5838 • from $170,000 23G 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

21 22

eE ir Av

ay Va lle yP ar kw n Do

Ave

y Valle D on a y Parkw

11 21

15 ay 29 ssw e

pr r Ex1

dine

Gar

o esh Lak W Blvd

y Ave

Jarvis

ersit

3 60 shore Lake W Blvd

rd S

Univ

ve ina A Spad

St Keele

QEW

bine

Gera

erin

s dow

Duff

Land

Park

d Woo

Ave well

e r Av nne O'Co Ave urn Cosb

Cox

ue Aven

Rd gers

han

ina R

Egli

We st

Vau g

Spad

erin Duff

Av nton

St Jane

St Cla

oria Vict

d Dr Lair

Toronto Waterfront

waterfrontmaps: Toronto

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

Builder

Site

Menkes Developments Inc.

Telephone

TH* C*

Price Range

•

from $350,000

Page

Finder

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

17E

60 CANALFA GROUP

Liberty Central by the Lake Two

416-537-0047

11F

Concord Adex

FWD at Concord CityPlace

416-813-0999

• •

13F

Concord Adex

Quartz at Concord CityPlace

416-813-0999

• •

12F

Concord adex

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

Cresford Development Corp.

NXT at Windermere By The Lake

416-977-5300

• • from $350,000

11f

Cresford Development Corp.

NXT2/Phase Two

416-977-5300

• • from $210,000

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.

Insert

14F

• from $280,000

16F

• from $220,000

45 16F

• 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

Finder

Insert

24c

• from $280,000 Newcastle 12C

Oshawa

ia lD r

on Ce re m W Rd

St E

ee n

in d

Sh Sp eri ea da km n P an ark Tr us Dr D r co tt Dr

ya lW

or e

La ke sh

Sp ee rs Rd La ke M sh ac or D o Co e na r Rd ld nw a E llR Rd d

id d

pe rM

so Q u r D ee r nS tW

ur n

Ra th b

lle ge wa y

Th e

rp e

th o

rn h Bu

W Rd rp e

Br id g

as St W nd

W Rd

Eg lin rn Ra to ha th n m bu th rn or Rd Du pe E Th nd Rd e as W Qu St ee E ns w ay

Br ita nn

W Av e St ee le s

De rr y

or e

Bay

La ke sh

647-692-8417

• from $250,000 401

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

San Francisco By The Bay

905-831-3631

• • from $180,000

23J

11 Monarch Corp.

Waterscapes

416-495-3544

• from $400,000

13B

25 queenscorp residences

Watermark

416-354-2221

• from $350,000

19D

28 empire communities

Eau Du Soleil - Waterfront Condominiums

416-503-3328

• from $320,000

6-7

25B

Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to 416-789-9554

waterfrontmaps: GTA

905-271-5038

Whitby

Park Rd S

Page

On The Go

Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.

Phillip M

Manvers

Scugog

• from $300,000

Bloor St

Scug

Park Rd S

W entworth St

Stevenson Rd

Thornton Rd

Price Range

Lake

Gibb St

Centre St.

King St WBond St

Whitby 7 Waterfront

TH* C*

King

401

AdelaideAve

Lindsay

Uxbridge

Blair St

416-495-3544 48

Garrard Rd Kendalwood R

Manning Rd

Hopkins St

Brock St S Henry St Gordon St

Garden StBlair St

Dundas St E

Ajax-Whitby

Rossland Rd

Town of Whitby

Cannington

Telephone

Schomberg

Cochrane St

th o

Anderson St

Stevenson Rd

Brock St N

rn h

Thornton Rd

Taunton Rd W

Stanton Renaissance

*TH: Townhomes, C: Condo

To Os

Dryden Bv

Rossland Rd McQuay

Townline Rd

Garrard Rd

Thickson Rd

Garden St

Baldwin St S

Country Lane

Conlin Rd

chestnut hill development

Stevenson 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 Riva Del Lago Tottenham

Country Lane

Halls Rd N

Georgina

400

9 Atwater Condos

Church St E

Bayly St E Georgina Island 33 caygeo Bob

East Gwillimbury Further North Waterfront

Adjala

windcatcher development corp.

Lake Ridge R

Mono

Audley Rd

Shelburne

Audley Rd

18 Monarch Corporation

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Montgomery F

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Pickering Beach Rd

Angus

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W Taunton Rd Waterfront Etobicoke

Kingston Rd

Oro

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Sunnidale Oakville Granite Court 90 Waterfront Lisle

Village of 28 Evans Ave G ardiner Expressw ay 5 Brooklin Q ueensw ay

Town of Ajax

Magill Dr

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Q EW

* 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

Columbus Rd

Fifth Conces 12 11 9

Harwood Ave

Stroud's

Wasaga Beach

D undas St W

Salem Rd

Glenanna Rd

Mississauga Taunton Rd E Waterfront Orillia

Rossland Rd

Myrtle Rd W Rathburn Rd

6 Concession

W estney Rd N

3 Concession

Greenwood Rd

Ke rr St

Bracebridge

W QE

tti ng 6 ill FinchhAve Ga te Highview Rd

Church St S

Ravenscroft

Oakville

400

Notion Rd Riverside Dr

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th ra

Church St N

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16 Sideline

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16 Sideline

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Brock Rd Brock Rd Brock Rd Brock Rd s R Oak or Sandy Beach Maj Valley Farm Rd n Rd io is Liverpool Rd Liverpool Rd at av St M le da Dixie Rd in Er Appleview Rd Fairport Rd uce Hill Spr Rd Rd ne ne Whites Rd Li Whites Rd Li 9 4 d y d lv Rd RRosebank w North kRd Nor e lB th Rd l n sP hi Li ill rc 8 Alt 32 MSideline hu Rd ona Altona Rd n d C i 32 Sideline Rd R n Er o ak ne st Li rlo r in 6 Bu W Rd

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9 Concession

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

HAMPTON MANOR By Royal Pine Homes

Now open: one-, two- and three-bedroom suites in Stouffville’s only boutique condominium just 10 minutes north of Markham. Web: PaceOnMain.com

Register now for an intimate condominium residence in Stouffville, rising seven storeys and backing onto adjacent conservation lands. Web: RoyalPineHomes.com

OAKVILLAGE By Minto, Branthaven and Emshih Now open: master-planned townhome community coming to Dundas Street East and Trafalgar Road. Web: Oakvillage.ca

LEGACY PARK By Liberty Development Corp.

NAUTIQUE By ADI Development Group Coming soon to downtown Burlington’s waterfront, steps from restaurants, shops and the bustling pier. Register now. Web: ADIDevelopments.com

INDIGO By Pemberton Group

Live in Thornhill’s most connected community at Bathurst and Centre Street. Web: LegacyParkCondos.com

Register now for Indigo, Pemberton’s newest master-planned condominium community coming to Maple. Web: PembertonGroup.com

THE CRAFTSMAN CONDOMINIUM By Vandyk

SENSES CONDOMINIUMS By Empire Communities

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

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

THE ARBORS CONDOMINIUMS By Brookfield Residential 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

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

94 NEW CONDO GUIDE AUG 29 - SEP 12, 2015

GTA Edition Aug 29 - Sept 12, 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 AUG 29 - SEP 12, 2015 NEW CONDO GUIDE 95

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.

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.

AUG 29 - SEP 12, 2015 NEW CONDO GUIDE 97

QUICK TIPS

Four organizing myths that keep your life in disarray By Hellen Buttigieg

t’s time to dispel some organizing myths that may be keeping you stuck in your mess:

1. Multi-tasking is always productive. False. Although useful in some situations, multi-tasking can cause you to lose your focus and make costly and time-consuming mistakes. When working on important tasks, multitasking is probably not a good idea. Some things require your undivided attention. Multi-tasking distracts us from being in the present moment, which can drain our energy and leave us feeling exhausted and unfulfilled. Next time you are participating in an activity, be with that activity rather than thinking about all the things you should be doing instead, or have to do later. Resist the habit of trying to do two things at once. 2. Being messy automatically means you are disorganized. False. Organizing is not about how it looks, it’s about how it works. Visual, creative types need to have things out where they can see them, because out-of-sight is out-of-mind for them. This may cause their spaces to appear disorganized to others, but they probably know exactly where everything is. The flip side of this though is that visual types lose focus when there is too much to look at, so they need to find products that will allow them to contain their stuff to keep down the visual clutter. For example, a literature sorter allows them to contain their papers while still keeping them within view. 3. You have to toss everything to get organized. False. I often hear people say to me, “There’s no way I could get organized because I am too sentimental. I don’t want to get rid of everything.” Although you shouldn’t keep things you don’t like or will never use, there’s always a way to either display or store the things that matter. For example, shadow boxes or display cases allow you to protect as well as showcase the possessions that truly mean something to you. 4. If you write it on a to-do list, it will get done. False. I had a client who was so proud of her to-do list. It was prioritized, colour-coded and categorized, yet she 98 NEW CONDO GUIDE AUG 29 - SEP 12, 2015

was frustrated and overwhelmed at how many things on the list were not getting done. To get anything done, you have to actually schedule time to do the things on your list. Simply putting a task on a list is not a commitment. Blocking time on your calendar to do it is.

Hellen Buttigieg is a certified professional organizer, life coach, TV host and owner of We Organize U. Visit her website, WeOrganizeU.com, or email Hellen at info@WeOrganizeU.com

W O

R E T

G E R

COMING SOON

A CROWNING ACHIEVEMENT IN STOUFFVILLE Rising 7 storeys in height and backing onto the country meadows of the adjacent conservation lands. A wide range of 1 bedroom,

STOUFFVILLE

2 bedroom, and 2 bedroom with dens - 157 suites in total - are yours to choose from, ranging in size from 700 to 1,900 sq. ft. and all with balconies and terraces offering fabulous views.

Luxury Condominium Residences from the mid

300’s

royalpinecondos.com

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

MAKE YOUR MOVE

To pack or not to pack? By Chuck Resnick

ith moving comes packing, and with packing come decisions. Some people want to pack their own items, while others prefer to leave the task to a pro. There are, of course, advantages to each approach, so it is important to weigh the pros and cons. The Professional Packer Most who choose to pack themselves do so because it saves money. This is true only if your items make it from Point A to B in one piece. Moving companies will not be responsible for items damaged due to your poor packing skills. The most critical element in packing is taking into consideration how far and long the items will remain in the boxes during transit. Consumers often underestimate just how much jostling their items will endure on the road. Accessories like lamps may seem to be packed well, but may shift inside the carton and break or chip as a result. Professional packers make it their business to know what is best for various categories of items, depending on the size and distance of the move, and they pack accordingly. They can also provide tips on how to mark your boxes for ease of unpacking, and advise on the items to pack last and therefore, unpack first. Having your mover pack your stuff offers the peace of mind in knowing that if the damage happens, your possessions will be repaired or replaced. The DIY Packer If you are willing and able to pack yourself, ensure you have the proper materials and containers to help with a successful move. Although you can obtain boxes from places like grocery stores, check with your mover, who may sell proper packing materials that will save you work and worry.

100 NEW CONDO GUIDE AUG 29 - SEP 12, 2015

There are also significant considerations to keep in mind, such as not packing explosive or flammable items. Your list of essentials will include tape dispensers, packing paper, markers, pads/blankets and bubble wrap, and or course, there are many sizes and strengths of boxes available. A 1.5-cu.-ft. box that is often referred to as a book or record box. Itâ€™s fairly small and is designed to hold small, heavy items like food jars or cans, flatware, CDs and the like. The next size up is a lamp or lamp shade box, which is three cu. ft. in size. The sizes go up from there, to 4.5 and six cu. ft. for lighter objects like pillows. Whether you choose to pack your own items or have your mover do it, be sure you choose a company with a solid track record for providing topnotch service.

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

Inspired by Water. Imagined by Adi.

ARRIVING SOON On Downtown Burlingtonâ€™s Waterfront

Presenting a rare opportunity to own at a most coveted downtown Burlington address. Design-infused waterfront condominium residences

coupled with indulgent amenities from the high $200,000s.

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

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Builder

Site

Telephone

17 Pemberton Group

Downtown Erin Mills Condominiums

20 Carriage Gate Homes

TH* C*

905-630-6300

•

Price Range

Page

Finder

from $300,000

18M

The Berkley Downtown Burlington theberkeleycondo.com

•

34 Pinnacle International

Pinnacle Uptown

905-568-9000

•

from $250,000

19K

45 Empire Communities

Rain Condominiums

905-845-7246

•

from $200,000

6-7

17Q

from $310,000

21N

Vandyk Communities

The Craftsman

craftsmancondos.com

Windcatcher Development Corporation

Atwater Condos

905-271-5038

•

from $280,000

24L

Castleridge Homes

The Clairington

905-793-0002

•

from $230,000

16E

Pinnacle International

The Marquee Townhomes on the Park

905-568-9000

•

from $700,000

20K

Conservatory Group

Mirage

905-232-2400

•

from $270,000

20K

AMACON

Block Nine

905-273-9333

•

20L

Forest Green Homes

Ville Condominiums

Great Gulf

HOT

905-828-4257

Fernbrook Homes

Absolute World

416-869-6057

Cityzen

Absolute World

Empire Communities

from $220,000

16L

•

from $330,000

16M

•

from $188,000

21k

416-869-6057

from $188,000

21K

Senses Condominiums

905-845-7246

•

from $230,000

17Q

10 AMACON

The Residences at Parkside Village

905-273-9333

•

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 $218,000

15 ADI Development Group

Mod’rn Condos

905-592-2144

•

from $339,000

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

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

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.

villecondos.ca

•

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

103

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21 22

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Price Range

Page

Finder

Indigo Condiminiums

905-326-4100

•

31 Pemberton Group

Sky City 2

905-709-5700

•

from $320,000

12F

CondoHomeShow.ca

•

from $303,000

15F

905-907-4370

•

from $307,000

12E

32 Liberty Development Corp.

Royal Gardens

43 Guizzetti Developments

Grand Palace

44 Liberty Development Corp.

Centro Square Condos

905-851-8877

•

from $289,000

Monarch Corporation

Garden Court

416-495-3595

•

from $400,000

16D

Flato Development

Arthouse Condos

905-554-8722

from $200,000

22D

Tribute Communities

Varley

905-604-1477

•

from $520,000

19F

Tridel Corporation

Renaissance of Richmond Hill

416-736-9500

•

from $740,000

14E

Lindvest

Grand Cornell Brownstones in Markham

905-294-6161

from $340,000

23F

Armour Heights Developments

The Sorrento

289-637-1777

•

from $390,000

13B

MintoUrban Communities Inc.

WaterGarden

416-915-3800

•

from $369,000

12F

Wyview Group

Unionville gardens

•

18F

unionvillegardens.com

10 Great Lands Corp.

The Beverly Hills Resort Residences

905-882-6636

11 Triaxis Development Inc/Marino Developments

Courtyards of Maple

416-798-7070

•

from $390,000

12 Greenpark Homes

UV2

905-554-6501

•

from $253,000

22F

13 Liberty Development Corp.

Legacy Park

905-731-8302

•

from $265,000

10g

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

22 Quadra Mgt. & Sceptre Devs.

Renaissance Court at Woodbridge Gates

905-851-4220

•

from $505,000

22 Wycliffe Homes

Fairground Lofts

905-605-5900

•

from $340,000

24 Liberty Development Corp.

The Fountains

905-731-8302

•

from $272,000

10F

26 Rice Development

Ambria

905-796-3630

•

from $340,000

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 $350,000

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

41 Quadcam Development Group Inc

Vista Parc Condominiums

905-850-8883

•

from $260,000

44 Liberty Development Corp.

Centro Square Condos 2

905-851-8877

•

from $289,000

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.

•

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

AUG 29 - SEP 12, 2015 NEW CONDO GUIDE 105

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).

106 NEW CONDO GUIDE AUG 29 - SEP 12, 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 AUG 29 - SEP 12, 2015 NEW CONDO GUIDE 107

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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iscover great new ways to live all around the Toronto region. Mattamy lets you choose where and how to live more fully in extraordinary communities from Hawthorne South Village in Milton, The Preserve in Oakville, Mount Pleasant North in Brampton, St. John’s Forest in Aurora, to Downsview Park within Toronto.

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SILVERGATE HOMES

PEMBERTON GROUP PRIMONT HOMES

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HOMEBUYERS’ HELP

Compare mortgage rates for your best deal CHARTERED BANKS ATB Financial Alterna Svgs/Alterna Bk Bank of Montreal Bank of Nova Scotia

Variable 2.2 2.55 2.7 2.7

Canadian Western Bank

6 Months

1 Year

2 years

3 years

4 years

5 years

2.94

2.64

2.59

2.69

2.79

4.00op

2.85

2.59

2.94

2.68

6.30op

5.30op 2.84

3.39

3.89

2.69

3.09

3.39

3.89

4.49

3.04

3.65

4.2

4.74

2.69

2.79

2.89

2.99

1.99

2.84

3.4

2.69

4.79

2.89

6.30op

4.55

3.29

6.45op

6.50op

3.14

6.45op

6.30op

CFF Bank CIBC

2.7 6.70op

6.35op

ICICI Bank Canada

2.75

3.15

3.65

3.64

3.69

Manulife Bank

2.4

4.45

2.94

2.84

2.79

2.69

National Bank

n/a

4.4

2.89

2.84

3.39

2.69

2.79

6.70op

6.70op 2.84

3.34

4.04

4.44

3.04

3.65

4.39

4.64

2.09

3.39

3.89

2.69

3.24

3.49

3.69

3.79

3.20op

President’s Choice Financial

2.7

Royal Bank

2.7

TD Canada Trust

2.7

3.14 6.30op

6.30op 2.89 6.30op

Tangerine

2.7

3.19

TRUST COMPANIES Community Trust

n/a

6.5

3.14

3.25

3.95

4.39

4.64

Concentra Financial

n/a

2.89

2.59

3.39

3.89

4.64

6.70op

6.30op 3.5

3.7

4.3

4.35

Effort Trust

n/a

4.45

3.35

6.30op

Home Trust Company

2.05

3.95

2.69

2.35

2.39

2.59

Investors Group Trust

n/a

4.2

3.14

3.09

3.39

3.89

2.99

6.50op

6.30op 3.09

3.39

3.89

4.49

2.89

2.95

2.99

2.69

MTCC

2.7

4.55

3.29

6.45op

6.50op

OTHER FINANCIAL INSTITUTIONS Comtech Credit Union

2.45

First National Fin. LP First Ontario C.U.

6.2

2.89

6.40op

6.30op

3.1

2.29

2.19

2.34

2.54

2.69

2.79

2.45

2.49

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

2.49

2.67

2.85

2.95

3.05

3.15

2.55

2.65

2.7 6.34op

IC Savings London Life Luminus Financial

2.7 n/a

6.34op

6.15

2.89

6.50op

4.2

3.14

6.50op

6.30op

2.8

2.95 6.25op

Meridian Credit Union

2.5

3.09 6.30op

Parama Credit Union

2.65

2.8 2.95op

Steinbach Credit Union

2.25

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

AUG 29 - SEP 12, 2015 NEW CONDO GUIDE 109

index of advertisers ADI Development Group - Nautique Lakefront Residences

101

Liberty Development Corp. - The Village Residences

Andiel Homes Inc. - East United Toronto Condos

Liberty Development Corp. - World on Yonge

Aragon Properties - Enigma on the Park

Lindvest - Sonic

Ashcroft Homes - Capital Hall

Luxury Living Magazine - Promo

Aspen Ridge Homes - Studio on Richmond

Madison Homes - Briar Hill

Berkshire Axis Development - East United Toronto Condos

Madison Homes - Zigg St.Clair West

Brad J. Lamb Realty - James

Malibu Investments Inc. - Smart House

Brandy Lane Homes - The Davies

Mattamy Homes - Lago

Insert

Brookfield Homes - The Arbors

Mattamy Homes - Picasso on Richmond

Insert

Mattamy Homes - Riva del Lago

Insert

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. - Pears on the Avenue

Insert

Menkes Developments Inc. - The Eglinton Yonge at Heart

Insert

Monarch Corporation - Lago

Insert

Monarch Corporation - Picasso on Richmond

Insert

Monarch Corporation - Riva del Lago

Insert

Camrost - Felcorp - Blue Diamond at Imperial Plaza

Canalfa Group - Liberty Central by the Lake - Phase One

Canalfa Group - Liberty Central by the Lake Two

Capital Developments - 150 REDPATH

Carriage Gate Homes - The Berkley Downtown Burlington

Concert Properties - The KIP District

Concord Adex - Omega On The Park

26-27

Cresford Development Corp. - 1000 Bay Cresford Development Corp. - CASA 2 Cresford Development Corp. - CASA III Cresford Development Corp. - The Clover on Yonge

43 43 & 112 43 43 & IBC

Cresford Development Corp. - VOX

Dundee Kilmer Developments - Canary Park Condominiums

Eden Shaw - Chaz Yorkville Condos

ELAD Canada - Fifth on the Park

Empire Communities - Model Suite of the Month

111

Empire Communities - Rain Condominiums

6-7

Family of magazines - Promo

108

Fernbrook Homes/Cityzen Dev. - 158 Front Condominiums

Fieldgate Homes - Zigg St.Clair West

Freed - 150 REDPATH

Gemterra - Joy Condos

Great Gulf - Monde

Geranium Homes - Pace on Main

Great Gulf - One Bloor Residences

North Drive Investment - Picnic

Pemberton Group - Citylights on Broadway

Pemberton Group - Downtown Erin Mills Condominiums

Pemberton Group - Indigo Condiminiums

Pemberton Group - Sky City 2

Pemberton Group - TEN93 Queen West

Pemberton Group - The Urban Townhome Collection

Pemberton Group - Vivid Condos

Pinnacle International - Pinnacle Uptown

Plaza - Corporate

28-29

Rockport Group - The Nest

Royal Pine Homes - Hampton Place

Signature Communities - East United Toronto Condos

Great Gulf - Yonge+Richmond

Solotex - Upper Beach Townes

Guizzetti Developments - Grand Palace

The Daniels Corporation - Daniels Waterfront

Harhay Developments - One Eleven Condominiums & Lofts

The Daniels Corporation - High Park Condominiums

Lamb Development Corp. - The Harlowe

The Franchise Expo

Tridel Corporation - Islington Terrace

BC IFC

Lanterra Developments - Corporate

Liberty Development Corp. - Centro Square Condos

Tridel Corporation - SQ2

Liberty Development Corp. - Royal Gardens

Urban Capital - RC3

Liberty Development Corp. - Terrace on Danforth

Urban Capital - Smart House

Model Suite Photo Compliments of Empire Communities.

www.empirecommunities.com

This 584 sq. ft. 1 bedroom + den model suite is showcased at our stunning new Eau Du Soleil presentation gallery at 2183 Lake Shore Blvd. West in Toronto - Empire Communities’ Ultimate Luxury Waterfront Community features two towers, cascading terraces that converge on a dramatic podium with endless city and lake vistas, spectacular resort style amenities and luxurious suite designs.

AUGUST2015 Empire has been featured as “MODEL SUITE OF THE MONTH” as seen in the New Condo Guide model suite calendar

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.

PRIVATE. LUXURY.

COMING SOON. An exclusive address tucked away in the heart of the city. The Clover on Yonge pampers you with unprecedented luxury and privacy at the centre of one of Toronto’s most sought-after neighbourhoods. Stay tuned for more information. STARTING IN THE $200’S .

REGISTER NOW THECLOVERONYONGE.COM | 416.485.3000 BROKERS PROTECTED. PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. ILLUSTRATIONS ARE ARTIST’S CONCEPT. E. & O.E.

Built to diSQover. grand oPEning

SQ 2 is master planned condominium living, reimagined. ideally located at Spadina and Queen, one of toronto’s most iconic cultural landscapes in the heart of Queen West. From the right blend of amenities to keep you entertained, to cityscape views and new green spaces – SQ 2 is your ideal home. 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. August 2015.

grand oPEning Visit the Presentation Centre 519 Queen Street West toronto, Ontario 416.661.1949

tridel.com

Built

to make a statement. 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 and tour the stunning designer model suite. Embrace the new spirit of living at Bloor and islington.

Suites priced from the mid $200’s* Visit the New Presentation Centre 3326 Bloor Street West, Etobicoke 416.645.8862

tridel.com