October 5 - 19, 2013 Volume 17 Issue 18
THE FINAL CHAPTER OF AN EPIC STORY
NOW SELLING LegacyParkCondos.com
INSIDE THIS ISSUE
STYLISH SPACES, BIG AND SMALL
BUILDING INDUSTRY RIDES FOR CHARITY
NOT EVERY LAWYER IS A REAL ESTATE LAWYER
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EDITOR’S NOTE
SO MUCH TO GAIN FROM A LITTLE DOWNSIZING
SUSAN LEGGE
EDITOR-IN-CHIEF
Wall2Wall Media Susan.Legge@wall2wallmedia.com Follow me on Twitter at Twitter.com/SusanLegge Like us on Facebook search: Condo Guide
Are there one too many empty rooms where you currently live? Perhaps you’re thinking what life would be like if you didn’t have to worry about chores such as the gardening, raking and exteriors that need painting. There’s a lot to be gained in your lifestyle when you decide to do a little downsizing. Lifestyle opportunities abound in this issue, and you won’t have to sacrifice any of your current luxuries to get them. In fact, you may find you have more time to enjoy them than ever before! Owning a luxury suite in a new building certainly has its
benefits. The fact that all of the fixtures and appliances in your suite are brand new and all of the condominium’s common areas, landscaping and facilities are taken care of means less work for you and more time to enjoy it all. Buying a condominium is a serious decision, and a significant investment, so it is imperative that you do your homework and research the market so you can be confident that you’re getting the best builder and the most value for your money. Let us know what you think of this issue. We’d love to hear from you.
THERE’S NO PLACE LIKE HOME
LYDIA MCNUTT
EDITOR
Wall2Wall Media Lydia.McNutt@wall2wallmedia.com Follow me on Twitter at Twitter.com/LydiasTweets
002 NEW CONDO GUIDE OCTOBER 5 - 19, 2013
Most homeowners will agree, there’s no place like home. And there’s no better feeling than stepping through the front door of your condo, and knowing that you’ve arrived “home.” A lot goes into finding that perfect place to live. To start your search, think price. Speak with your lender to determine how much home you can realistically afford before you hit the streets. Another important factor to consider in the home hunt is location. Where you live will impact your lifestyle, and it will also affect the resale value. From an investment standpoint, buying in an established neighbourhood is a smart move. But don’t discount those up-and-coming communities. They may take a few years to come into their own, but when they do it’s like money in the bank.
Do you rely on public transit to get around the city? Is it easily accessible from your prospective home? Do you wish for greenspace nearby, shopping, schools, places of worship? Choose wisely. You can change the look and layout of your suite relatively easily, but not its location. Speaking of layout, tour prospective properties and evaluate the flow of the space. Simply looking at the square footage can be deceiving with today’s smart condo layouts. When you’re looking at price, location and layout, think about where you’ll be in five years. Are you planning a family? Or will your kids be going away to college? Live for today, but plan for the future. Good luck in the home hunt!
NEW RELEASE So much to gain from a little DOWNSIZING
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october 5 - 19, 2013 new Condo Guide 003
NEW CONDO GUIDE
CONTRIBUTORS
Vice-President, Wall2Wall Media
Jacqueline Hill Sales Manager
Conni Robinson Associate Publisher, SWO New Homes & Lifestyle Communities
Susan Maxwell Editor-in-Chief, National Real Estate
Susan Legge Art Director
Sarah Jang Editor
Lydia McNutt Contributing Editors
BILD REPORT
LEGALLY SPEAKING
STYLE FILE
Bryan Tuckey
Jayson Schwarz
Yanic Simard
Bryan Tuckey is president and CEO of the Building Industry and Land Development Association (BILD) and can be found on Twitter (twitter.com/bildgta), Facebook (facebook.com/ bildgta), Youtube (youtube.com/bildgta) and BILD’s official online blog (bildblogs.ca).
Jayson Schwarz LL.M is a Toronto real estate lawyer and partner in the law firm Schwarz Law LLP. Visit the website at schwarzlaw.ca or email info@schwarzlaw.ca.
Yanic Simard is New Condo Guide’s design editor and the principal designer of the Toronto Interior Design Group, specializing in residential and commercial projects. Simard has created designs for clients in Toronto, Montreal and Miami, and appears as a regular guest expert on Citytv’s CityLine. Visit tidg.ca
Sara Duck Wayne Karl Elisa Krovblit Design Editor
Yanic Simard Senior Account Executive
Dionne Fraser
dionne.fraser@wall2wallmedia.com
Senior Account Executive
Nina Downs
nina.downs@wall2wallmedia.com
Sales & Marketing Co-Ordinator
Terry Bassett Administrative Assistant
Antoinette Jackson Production Manager
Bala Gnanapandithan Production Co-Ordinator
Sandra Hanak-Vujnovic Graphic Designers
Caroline Wassef Sandra Hanak-Vujnovic INDUSTRY INSIDER
CONDO PRO
David Hirsh
Barbara Lawlor
David Hirsh is president and CEO of Brandy Lane Corp. Hirsh prides himself on his hands-on approach to all stages of the development and building process. brandylanehomes.com
Barbara Lawlor is president of Baker Real Estate Inc., and an in-demand columnist and speaker. A member of the Baker team since 1993, Barbara oversees the marketing and sale of condominium developments in the GTA and overseas.
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. Check out his blog at truecondos.com. Contact Andrew at 416.371.2333 or email andrew@truecondos.com
National Account Manager, Mediative
Paul Slizys PUBLISHED BY
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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 2013 All rights reserved by Wall2Wall Media. Reproduction in any form is prohibited. Contents of this publication are covered by copyright and offenders will be prosecuted under the law. TERMS Advertisers, editorial content and new condo guide are not responsible for typographical errors, mistakes or misprints. All prices are correct as of press time and are subject to change without notice. E. & O. E. EDITORIAL submissions from interested parties will be considered. Email to susan.legge@wall2wallmedia.com. The views and data expressed by columnists do not necessarily represent those of the publication. ADVERTISING
MORTGAGE MINUTE
Peter Kinch
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MONEY MATTERS
MAKEOVER
Gail Vaz-Oxlade is the host of Til Debt Do Us Part, author of Debt Free Forever and blogs daily at gailvazoxlade.com. Follow Gail on Twitter at twitter.com/GailVazOxlade
Sarah heads Barber Design Shop LTD, a Toronto-based firm specializing in interior and architectural design, and project management. Her design talent, sense of humour, and organization make BDS a firm of recognition. The company logo is “Get To Work” because that is just what they do. Visit barberdesignshop. com for more information.
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004 NEW CONDO GUIDE OCTOBER 5 - 19, 2013
Sarah Barber
Please recycle this magazine! Wall2Wall Media participates in the Partners in Growth Reforestation Program through St. Joseph Communications. To date, Partners in Growth has planted over 2.5 million trees in parks, recreation and conservation areas, and other public spaces across Canada. Established in 1990, this program was started with Scouts Canada to help replenish the environment.
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OCTOBER OCTOBER 55 -- 19, 19, 2013 2013 NEW NEW CONDO CONDO GUIDE GUIDE 007 007
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008 new Condo Guide october 5 - 19, 2013
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october 5 - 19, 2013 new Condo Guide 009
Bild report
// By Bryan tuckey
How location affects development cHarges
Bryan Tuckey is president and CEO of the Building Industry and Land Development Association (BILD) and can be found on Twitter (twitter.com/bildgta), Facebook (facebook.com/bildgta), Youtube (youtube.com/bildgta) and BILD’s official online blog (bildblogs.ca).
N
ot all things are equal when it comes to building a home or a place of employment across the GTA. Location matters. Land values vary and are heavily based on location, in addition to proximity to amenities and services.
Outside the city of Toronto in the GTA municipalities, development charges are set by and paid to both the municipality and the region 010 new condo guide october 5 - 19, 2013
Construction costs also need to be considered because materials and labour costs differ depending on the type of development. Another contributor to the cost of building communities in the GTA is the myriad of government fees and charges applied by federal, provincial and municipal governments. To put some facts around these fees and charges, BILD commissioned a report earlier this year called, Government Charges and Fees on New Homes in the GTA. It was completed by Altus Group Economic Consulting and you can read it in its entirety on the BILD blog. The study looked at more than just development charges, but it concluded that they are the most significant government charge on new homes. Since 2004, development charges have increased between 143 and 357 per cent across the GTA. Right now, the development charge on a newly-built home in the city of Toronto range from $8,356 on a one-bedroom or bachelor apartment to $19,412 on a single- or semi-detached home. When these rates increase as endorsed by City Council’s executive committee, the rates will range from $12,192 to $28,435 as of February 2014. Outside the city of Toronto in the GTA municipalities, development charges are set by and paid to both the municipality and the region. Let’s take Markham as an example. The city charges between $9,985 and $19,950, depending on the type of home, and the combined city and regional development charges range from $60,057 for a detached home to $31,251 for a condominium. One of the reasons for higher rates in the GTA is because most of the infrastructure needed is brand new, whereas in the city of Toronto there is existing infrastructure in place. Toronto rates should also be considered in the context with other fees and charges that GTA residents don’t pay such as land transfer tax to both the province of Ontario and the city, as well as community benefit fees that come from the application of Section 37 of the Planning Act. What this all boils down to is affordability and the ability of the next generation, your children, and anyone who chooses to live in the GTA and purchase a new home. Development charges are a tax. The rates have increased exponentially and they have shifted the burden of paying for critical infrastructure onto the newest residents and businesses moving into a neighbourhood.
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UÊÊÊi ÝiVÕÌ ÛiÊ iÊ > Ìi > ViÊÃiÀÛ Vi UÊÊÊÎÊi i}> ÌÊ LLÞÊ Õ }iÃ
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TABLE OF CONTENTS
October 5 – 19, 2013 VOLUME 17 ISSUE 18
20
LIBERTY’S LEGACY PARK The final chance to buy into one of the 905’s most successful projects!
COLUMNS, NEWS & FEATURES 002 EDITOR’S NOTE COLUMNISTS
038 CONDO PRO Maximize space to maximize your lifestyle BY BARBARA LAWLOR
010 BILD REPORT How location affects development charges
044 QUICK TIPS Autumn in upon us
016 LEGALLY SPEAKING Not every lawyer is a real estate lawyer
048 TAXING ISSUES Selling a real estate investment property
028 THE MORTGAGE MINUTE Debunking myths for real estate investors
052 MONEY MATTERS Getting debt-free forever
BY BRYAN TUCKEY
BY JAYSON SCHWARZ
BY PETER KINCH
033 INVESTOR ADVICE Four key ingredients for a success condo for investment BY ANDREW LA FLEUR
BY HELLEN BUTTIGIEG
BY HENRY CHOO CHONG
BY GAIL VAZOXLADE
064 MORTGAGE FINESSE How to be mortgage-free sooner than you think BY CALUM ROSS
066 DESIGNER ADVICE Stylish spaces, big and small BY YANIC SIMARD
078 INDUSTRY INSIDER Living the ultimate lifestyle BY DAVID HIRSH
IN THE NEWS
014 HABITAT FOR HUMANITY Building and development industry raises $50,000 for low-income families 042 CONCORD ADEX Concord CityPlace’s newest residents are feted at extravagant celebrations 058 CITY OF TORONTO Toronto’s Executive Committee endorses new development charges
070 GEMTERRA Gemterra opens the doors to its new sales centre at Love Condominiums and Townhomes 074 SKYSCRAPER AWARD The year’s best new skyscraper calls Mississauga “home” 096 LASH GROUP Ground breaking brings Cloud9 down to Earth 098 RBC FORECAST Ontario economy set for growth 120 REMINGTON Doors open at Downtown Markham!
HOMEBUYERS’ HELP
018 HOMEBUYERS’ HELP Considering taking in renters? Read this first 022 FINANCES Assess your readiness for home ownership 032 HOT DATES What’s happening in and around the GTA 034 HOMEBUYERS’ HELP Shopping for your new condo builder BY LYDIA MCNUTT
050 SCRUMPDILLYICIOUS Hugh’s pear and almond cake BY LESLIE STYLES
062 ARCHITECTURE Architecture is an art and a science
24
BY HARRY KOHN
24
076 AROUND THE HOUSE 5 easy ideas to maximize a small bathroom
BAZIS INC., METROPIA & PLAZA
Exhibit Exhibit presentation lounge closing this fall, luxury residences at Avenue and Bloor
082 DESIGNER TIPS Getting the most out of your small space BY LISA CANNING
084 CONDO WATCH 416 Previews, new releases and grand openings in the 416 area
46
45 CHARLES LTD. & EDENSHAW HOMES
100 HOMEBUYERS’ HELP Packing tips to make your move a little easier
Chaz.Yorkville Amazing value, state-of-the-art technology, and five per cent down complement fine city living
102 TARION REPORT Regulator cracks down on illegal building 104 MAKEOVER Two units become one
94
BY SARAH BARBER
DAVIES SMITH DEVELOPMENTS
112 CONDO WATCH 905 Previews, new releases and grand openings in the 905 area
46
118 LOCATION, LOCATION Exploring Markham
94
BY ANTHONY JONG
122 MAKE YOUR MOVE How consumers can take steps to protect their goods in transit 124 HOMEBUYERS’ HELP Condo hunter’s checklist 126 DESIGNER PROFILE Inside a creative mind: Q&A with Kirsten Korhani 129 CONDO BUYERS’ RESOURCE SECTION You love the home, see what you can afford 134 INDEX OF ADVERTISERS
CONDO PROFILES
Eleven Superior Making waves in the heart of Mimico-by-the-Lake
in the news
Building and development industry
raises $50,000 for low-income families
Unfazed by the cold aUtUmn weather, members of the Building Industry and Land Development Association (BILD) took part in a collective cycling event on Sunday, Sept. 22 to raise money for its community partner, Habitat for Humanity Toronto. The event, known as Stephen’s Ride for Humanity, featured more than 175 builders, developers, renovators and industry professionals cycling 50 or 100 kilometres in support of the Association’s 10-year partnership with Habitat for Humanity Toronto. Now in its third year, the Ride pays tribute to the late Stephen Dupuis, who passed away just days before the inaugural event. Proceeds from the fundraiser will be put toward the construction of a Habitat home for its 2014 partner family, the Wedderburns. “Members of this industry are very passionate about giving back to the community,” says BILD president and CEO Bryan Tuckey. “Every day BILD advocates for the construction of safe, affordable communities, which 014 new condo GUide october 5 - 19, 2013
makes our partnership with Habitat such a perfect fit.” Since 2003, BILD member companies have raised more than $620,000. “I’m very proud of our members’ commitment to helping low-income families achieve their dream of home ownership, and I feel privileged to be leading this great organization in support of such a great cause,” Tuckey adds. BILD would like to thank all of the event sponsors, volunteers and participants, and congratulate everyone involved in making it a highly successful event. With more than 1,400 members, BILD, formed through the merger of the Greater Toronto Home Builders’ Association and Urban Development Institute/Ontario, is the voice of the land development, home building and professional renovation industry in the Greater Toronto Area. BILD is proudly affiliated with the Ontario and Canadian Home Builders’ Associations.
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Exclusive Listing: CityLife Realty Ltd. Brokerage. Brokers Protected. Illustrations are artists concepts. Prices and specifications are subject to change without notice. E.&O.E. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without prior written permission of The Daniels Corporation, is strictly prohibited. *Conditions apply. See Sales Representatives for full details.
%
DOWN
™*
legally speaking
Not every lawyer
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.
N
ot all lawyers are created equal. If you needed a heart surgeon, you certainly would not go to see a podiatrist. By the same token, lawyers generally have expertise in one area greater than another. Do not believe that the granting of a law degree instantly bestows knowledge of all laws on the head of a lawyer. The first thing you need to do to find a lawyer is the same thing you ought to be doing to find a home – research! Where do you look? Start with media and look in magazines (editor’s note – you already have the latest issue of New Condo Guide, so you’re off to a good start!), newspapers, listen to radio, and watch real estate television. Generally speaking, the lawyers who appear in public, speaking or writing about real estate, are thought to be experts in the
016 new condo guide october 5 - 19, 2013
// by jayson schwarz
is a real estate lawyer area. Go to seminars and listen to the speakers. Generally, if a lawyer is taking the time to participate in a seminar, he/she knows what he/she is talking about and is happy to take on new clients that come out of those seminars. Next, go online and check out the websites of different real estate lawyers. Look to see whether they give good, informative advice; whether they give you pricing; and whether they make you feel comfortable. Call the Law Society of Upper Canada, Lawyer Referral Service. This service keeps lists of lawyers and refers requesting members of the public to lawyers who practice in the field requested. This just gets you someone in the area. You really need to check them out when referred. Speak to friends who have used a lawyer for the type of service you require and ensure they did the job professionally, courteously and for the price quoted. Who is making the referral? Is the referral coming from a real estate agent, a mortgage broker or a bank? This is not necessarily bad, but you have to be careful. Quite often, lawyers develop relationships with various groups over the years and receive referrals because they do a great job. On the other hand, ensure that your lawyer is independent and will represent your interests even if it puts him/her into an adversarial position with one of those parties. This is quite important, so make sure you get comfortable with this issue before you hire someone.
...so make sure you get comfortable with this issue before you hire someone. Now to bring this back to the original idea, what you need to understand is that there are general law practitioners just like there are family doctors. What this means is that a lawyer may have a wide-ranging practice composed of many areas. The smart lawyer who falls into this category knows that if there is a serious issue that arises outside of their expertise. they should bring in a specialist, just like your family doctor would do. The bad lawyers try to do it all themselves. The general practitioner can probably handle your real estate deal just fine, but make sure he/she understands any complicated offers and that he/she reviews them carefully, pointing out any problems. Ensure that he/she knows what can be negotiated and what cannot, or you may lose your deal. Remember, your lawyer is a very important part of the process, so take your time and find the right one.
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Illustrations are artist’s impression. Exclusive Listing: Baker Real Estate Incorporated, Brokerage. Broker’s protected.
017
homebuyers’ helP
Considering taking in renters?
read this first PurChasinG an investment
here are a few tips for prospective landlords to get started:
Condo, or renting out part of your own home, can be an appealing ›› read the residential tenanCies aCt way to help with the mortgage, Know your rights and responsibilities as a landlord. Understanding the use extra space, or make a real Act will help protect you as a landlord and also provide clarity on the estate investment. roles and responsibilities between landlord and tenant. According to Phil Dorner, ›› sCreen tenants president of the Ontario Real Choose tenants carefully. Make sure that you have prospective tenants Estate Association, beyond the fill out an application. Be sure to check references and carry out a credit additional income, a rental property check through a credit bureau. can be a valuable asset to your ›› talk to your insuranCe ComPany investment portfolio, as well as Notify your home insurance company to avoid liability. useful for family needs (including ›› ensure your rental suite is leGal housing an aging relative or perhaps Make sure your suite complies with municipal bylaws. If the suite is not as a home for college-aged children up to standards, you will not be able to get insurance. close to campus). ›› learn from other landlords “While there are clear benefits, Do your research and talk to successful landlords who can provide before you consider becoming a precedent. Tapping into the expertise of successful and experienced landlord, make sure that you have landlords is invaluable for first timers. a good grasp of what getting into the rental property business really Understand the responsibility and time commitment necessary in being entails,” says Dorner. a landlord and, if you are considering renting out a room in your home, make sure that you are comfortable making concessions in terms of your personal space and privacy.
If you are planning on purchasing an investment property, speak to your realtor about your goals so that you can be sure that the property you choose is appropriately situated, outfitted and conducive to attracting high-quality tenants. NC
018 new 018 new Condo Condo Guide Guide |october 19, 2011 2013 january 85 -- 29,
Condominiums at the corner of Yonge & Eglinton Direct access to the subway Starting from the $300’s Presentation Office located at 2300 Yonge Street, Lobby
ECONDOS.CA 416.243.8688 @BazisInc
Exclusive Listing: Baker Real Estate Incorporated, Brokerage. Brokers Protected. Rendering is artist’s concept. Prices and specifications are subject to change without notice. E. & O.E.
october 5 - 19, 2013 new Condo Guide 019
cover story
GRAND FINALE FOR
“Thornhill City Centre is one of the 905’s most ambitious residential developments,” says Marco Filice, senior vice-president and general counsel at Liberty Development. “Just north of the Promenade Centre and the dynamic commercial developments along Centre Street, Thornhill City Centre is a multiphased, residential development that includes Vaughan’s first urban park – a five-acre green space called Thornhill Green.” With an abundance of parkland, a variety of local entertainment and the highly anticipated final phase of Liberty leisure options, a myriad of stores, Development Corporation’s award-winning boutiques, restaurants, bars and Thornhill City Centre is ready to launch! cafés nearby, and a variety of Legacy Park is the fifth and final phase at the single-family residential developer’s landmark Thornhill City Centre developments and cutting-edge community, located on Bathurst Street north of condominium projects, Thornhill Centre Street. Launched 10 years ago, Legacy Park is City Centre has great access to all now home to 2,000 families and is considered one of that the city of Vaughan has to offer the 905’s most successful master-planned communities. to its residents.
THORNHILL CITY CENTRE Liberty’s Legacy Park is the final opportunity to buy into one of the 905’s most successful projects!
020 new condo guide october 5 - 19, 2013
Now in preview selling mode, Legacy Park is a soaring 25-storey masterpiece of glass and steel which will overlook the centrepiece of Thornhill City Centre, Thornhill Green – a lush green oasis just steps from home. Offering the ultimate in Green living, Legacy Park will raise the bar in sustainability, with environmentally friendly features such as the beautifully landscaped rooftop terrace. Conceptualized by Liberty Development with Kirkor Architects, Legacy Park will offer well-designed, liveable and elegantly appointed suites which range in size from 515 to 1,485 sq. ft. All units offer a custom gourmet-style kitchen that includes granite countertops, contemporary cabinetry, ceramic tile backsplash and a stainless steel appliance package. Amenities at Legacy Park will include a state-of-the-art fitness facility, as well as a sauna and whirlpool for residents to relax and unwind. Other features and amenities include a party room with sleek lounge-style seating and a modern bar, a media room, golf simulator and a guest suite for family and friends to take advantage of while visiting. Offering one of the 905’s best locations, Legacy Park at Thornhill City Centre is conveniently located just minutes from public transit via VIVA, York Region Transit and the TTC. With convenient access to public transit, getting around the region will be easy, while Legacy Park’s proximity to Hwys. 407, 400 and the 404 will make it easy to get just about anywhere in the GTA. From the unsurpassed location, iconic architecture and dynamic lifestyle features, Legacy Park will set a new standard in condo living in the GTA. Don’t miss out on this final chance to be a part of this amazing community in the heart of it all. For more information about Legacy Park at Thornhill City Centre or to register, go to legacyparkcondos.ca, or call 905.731.8302. october 55 -- 19, 19, 2013 2013 new new condo condo guide guide 021 021 october
Finances
Assess your readiness for
home ownership First-time homebuyers have a lot to consider as they forge into the world of home ownership. According to the recent RBC Home Ownership Poll, four in 10 Canadians are looking to purchase their first house within the next two years, and many wonder where they should begin. “Purchasing a home is often the biggest financial decision in a person’s life, so it’s important to take your time, set realistic goals, assess all the costs and get the right advice before you buy,” says Rachel Wihby, a strategy manager for first-time homebuyers at RBC. Take a look at her answers to these commonly asked questions:
Purchasing a home is often the biggest financial decision in a person’s life, so it’s important to take your time, set realistic goals, assess all the costs and get the right advice before you buy 022 new condo Guide october 5 - 19, 2013
1. am i ready?
A home purchase is an emotional and financial journey that marks a key milestone in life. Are you ready for the responsibilities and upkeep associated with owning a home? Do you have a stable income? Have you saved up enough for a down payment? Be honest with yourself about your current lifestyle to gauge your readiness and ability to put together a good down payment. 2. can i aFFord it?
While you may feel pressure in a competitive market to just buy something, fight that feeling and buy only when you find a property that meets your needs, lifestyle and budget. Review your household income and current debts, and remember to budget for closing costs, land transfer fees, property tax and everyday expenses. Talk to your bank or financial adviser about mortgage pre-approval so you know exactly how much you can borrow and afford. 3. who can help me?
Most often, first-time homebuyers turn to family and friends who have already been down the same road. Your realtor or banker can help you get a sense of the market and financing options. Arming yourself with more information and planning ahead can help you confidently navigate this first time journey so you can land the home of your dreams. More information is available online at rbcroyalbank.com/mortgages/first-time-home-buyers.
october 5 - 19, 2013 new Condo Guide 023
condo profile
exhibit presentation lounge closing this fall
Luxury residences at Avenue and Bloor
t
he inventory at Exhibit Condos, at Avenue and Bloor, is now down to six suites, as announced developers Bazis Inc., Metropia and Plaza. This collection of a mere half-dozen luxury condos in Yorkville heralds the final opportunity to have a stake in the iconic building, with unobstructed and permanently protected vistas of the city. The Exhibit presentation lounge will close its doors this fall so now is the last chance to view the beautiful design of suite interiors, including kitchen and bathroom models. “Exhibit will prove itself a powerful landmark of the Downtown Toronto skyline,” says Veronika Belovich, director of sales and marketing for Bazis. “With occupancy around the corner, we are offering our purchasers the chance to buy a suite with only a 10-per-cent deposit.” The building is under construction, with occupancy scheduled for early 2015. The final six Exhibit suites boast fritted-glazed balconies or terraces that showcase panoramic views north and south (the latter are forever-protected). Suite interiors are crafted by Diego Burdi, of the acclaimed international design group Burdifilek. Oversized master bedrooms feature walk-in closets and exquisitely finished bathrooms, as well as kitchens outfitted with Sub-Zero, Wolf, and/or Miele appliances.
024 new condo guide october 5 - 19, 2013
Further beneFits to residents oF exhibit include an entertainment Floor with a bar lounge, party room, rooFtop garden with a shimmering reFlecting pool accented by an aquatic sculpture; above the entertainment Floor is a contemporary Fitness gallery, yoga studio, and cool-down lounge
the building is under construction, with occupancy scheduled For early 2015. Further benefits to residents of Exhibit include an Entertainment Floor with a bar lounge, party room, rooftop garden with a shimmering reflecting pool accented by an aquatic sculpture; above the Entertainment Floor is a contemporary fitness gallery, yoga studio and cool-down lounge. Exhibit owners will enjoy the addition of a glowing ‘jewel box’ lobby replete with glass walls, muted limestone flooring and the services of an executive concierge on-hand 24/7. Exhibit is situated at 200 Bloor St. W. in the midst of Toronto’s “cultural avenue”. Its heart-of-Yorkville address means Exhibit is just moments away from museums, designer boutiques, specialty stores, and some of Toronto’s finest cuisine. “Exhibit melds art and design, rising up as four cube structures veiled with fritted glass, each slightly skewed, giving the appearance of stacking randomly in a vertical structure,” says architect Rosario Varacalli. Indeed, Exhibit is one of the most forward-thinking examples of 21st Century architecture to be witnessed in North America.
prices for the final six suites range between $769,900 to $3.7 million. remaining inventory can be found at exhibitresidences.com or at the presentation lounge at 162 cumberland st., toronto. their dedicated staff is also available by phone at 416.967.7778.
october october 5 - 519,- 2013 19, 2013 new new condo condo guide guide 025025
WHY RENT WHEN YOU CAN OWN? FROM $503 BI-WEEKLY *
One Sherway is the ultimate in luxury lifestyle living without the high price tag. With prices comparable to renting, you can own a brand new suite across from Sherway Gardens, just minutes from Kipling subway.
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COMING THIS FALL PHASE III CONDOMINIUMS Tradition meets urban living with cool designs and modern interiors. 0U[YVK\JPUN [OL Ä UHS WOHZL VM 0[HSPHU PUZWPYLK SP]PUN PU 5VY[O @VYR 7HSHaaV H[ ;YL]PZV 000 VMMLYZ S\_\YPV\Z UL^ Z\P[L KLZPNUZ HUK NVYNLV\Z Ä UPZOLZ Q\Z[ Z[LWZ MYVT L]LY`[OPUN `V\ KLZPYL
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october 5 - 19, 2013 new Condo Guide 027
the mortgage minute
// by peter kinch
Debunking for real estate myths investors The solution to overcoming fear is knowledge. Equipped with the proper information, it becomes easy to debunk some of the myths and misconceptions and begin your investment career with confidence. Here’s a look at some of the most common myths that hold people back from moving forward:
Peter Kinch is an award-winning mortgage broker and best-selling author of The Canadian Real Estate Action Plan Visit peterkinch.com or contact him at peter@peterkinch.com
R
eal estate investment has become a popular topic around the water cooler, but to enjoy the rewards you need to take some risks, right? One choice for investors seeking less volatility in their investments is real estate. Yet surprisingly, real estate investors in Canada still represent less than five per cent of home purchasers. So it begs the question: if the majority of people think investing in real estate is a good idea, why aren’t more Canadians doing it? The answer is fear. An individual may intrinsically believe that buying real estate is good, but if the thought of doing so intimidates them because they’re not sure how or what to do, it results in no activity. It is easier for most people to do nothing than to venture into uncharted territory that is wrought with fear and false information.
028 new conDo guiDe october 5 - 19, 2013
1) i need to make hundreds of thousands of dollars to be able to afford multiple properties. This is one of the most common misconceptions. The fact is, you don’t. You’d be surprised to see how the underwriting process at a bank works to help you accomplish your investment goals. Although every lender has their own internal way of calculating the rental debt, they all generally follow a variation of the following formula: ›› Calculate 40 per cent of your verifiable income (if you’re self employed, that would be 40 per cent of the two-year average of line 150 on your tax return). I call this number your Debt Service Limit (DSL) – the maximum amount of money that a lender wants to see you pay toward servicing your Personal Consumer Debt (PCD). ›› Next, calculate your PCD. Your consumer debt includes, but is not limited to: your principal residence mortgage, property taxes, car loans, leases, monthly credit card bills, or any other personal consumer debt. ›› If you are looking to buy a rental property with break-even positive cash flow and your DSL is higher than your PCD, then you will be able to qualify for a mortgage on that rental property. ›› As you add more properties to your portfolio, the lender can simply offset the rental income against the cost of the mortgage and consider your rental portfolio as a stand-alone entity that services itself. ›› What many fail to realize is, using this formula, if you qualify for one, you would qualify for multiple properties without having to increase your personal income. The key is working with a broker or lender who understands how to build a portfolio. 2) my banker told me that i shouldn’t buy any rental properties or that they cannot offer me a mortgage on rental. This is a classic case where many Canadians fail to understand that not every loan officer at every bank is an expert in real estate investment portfolios. You will recall that I mentioned earlier that less than five per cent of Canadians purchase real estate for investment purposes. Well, the same statistics hold true for bankers and brokers. Less than five per cent of bankers and brokers understand how to work with real estate investors. The fact is, not every bank in Canada has an appetite for lending money on rental properties and some are much more investor-friendly than others. Each bank has a different way of calculating rental income and may use a different percentage of the rent to help you qualify for the loan. The challenge is that if continueD on page 30…
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Prices, sizes and specifications are subject to change without notice. Exclusive listing, Baker Real Estate Incorporated, Brokerage. Brokers protected. E. & O. E. Illustration is artist’s impression.
october 5 - 19, 2013 new Condo Guide 029
the mortgage minute
continueD…
your personal bank is not investorfriendly, you may make the mistake of assuming that would be the same case everywhere else. Simply choosing the right lender could allow you to purchase multiple properties without a higher income. The solution is to work with a mortgage broker who understands the rental policies at all the banks (not just one of them) and can help you build a portfolio that suits both your short- and long-term goals. Tip: A good broker who knows how to work with investors will offer you a consultation to review your long-term goals and work with you to develop a portfolio rather than focus on the transaction. 3) i need a fortune saved up in order to buy real estate. This is a myth that actually has two sides to it. On one hand, many Canadians are not aware of the down payment options available to them, and on the other hand, there are still those who think they can buy real estate with nothing down (usually after watching some late-night TV show). The fact is, since the government rule changes, you do require 20 per cent down from your own sources for residential rental properties in Canada. However, what many still fail to realize is that equity in your own home or existing real estate is considered your own money and a percentage of that equity can be used for your down payment. here’s the formula:
(market value of your home x 80%) – (existing mortgage or line of credit) = potential accessible equity example
Value of home = $400,000 Mortgage = $120,000 no line of credit at present
$400,000 x 80% = $320,000 $320,000 - $120,000 = $200,000 030 new conDo guiDe october 5 - 19, 2013
In this case, the homeowner has $200,000 to invest. If this were to represent a 20-per-cent down payment, then the maximum purchase price would be $1 million. This could represent the ability to purchase four condominium suites at $250,000 each. There is a great number of Canadians today who are sitting on $200,000 of accessible equity in their homes today and are in the position to convert their equity into $1 million of real estate over and above the value of their principal residence, and the only thing stopping them is fear or the lack of knowledge as to how to get started. 4) other common concerns or myths that prevent canadians from taking that critical step forward are: ›› I can’t imagine having to deal with tenants, or, I don’t want to get a phone call in the middle of the night because someone’s toilet won’t flush. I’ve owned a fair amount of real estate over the years and most of it in a different province. The best money I have ever paid is six to 10 per cent of the rental income on a good property manager. Invest in your manager, learn how to manage the manager and never ever worry about the midnight call. ›› What if my tenant skips town and I don’t have any rental income. Couldn’t I lose a lot of money? There are two answers to that: 1 Focus your investing on towns with strong and diversified employment. Avoid small towns that would have high vacancies. 2 Always have a contingency fund equivalent to three month’s rent put aside for every property you buy at the time of purchase. That way, if you do have a vacancy, you do not have to subsidize it out of your own pocket.
5) and the biggest concern (or excuse) why most people are afraid to act: what if the market crashes and i lose everything? The answer to this question is very simple: Invest, don’t speculate. Speculators look for short-term opportunities to make quick cash. They take risks and gambles, hoping to get rich quick. Investors buy for the long term and don’t gamble. Real estate investing doesn’t need to be and shouldn’t be a risky gamble. If you purchase a property today at fair market value in a town with a solid tenant base with low vacancies, and you have a tenant who is essentially covering all of your expenses and you are planning to hold that property for the long term, then the value of that property between the time you buy and the time you sell is irrelevant. The market can crash three times over the 15 to 20 years you own it and if, in that time, the tenants help pay off your mortgage, then chances are, 15 years later, you will have made a good profit, regardless of what the market did in the interim. Take the time to educate yourself and seek out good sources of information from those who do not have a hidden agenda, and replace fear with knowledge. That may just be the secret to going from talking about real estate to becoming part of the five per cent of Canadians who are investing in their financial future and using real estate as their safe harbour.
*See sales representative for details
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IN TORONTO From sunset at 6:59 p.m. to sunrise, this free allnight event lets art lovers and night owls experience Toronto in a whole new light – in the dark! Discover 67 independent projects by Toronto’s art community, and three curated exhibitions featuring 44 projects produced by the City of Toronto, including a centrepiece installation by worldrenowned artist Ai Weiwei. scotiabanknuitblanche.ca
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032 NEW CONDO GUIDE OCTOBER 5 - 19, 2013
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Peter & King Toronto Starting from $273,990 416.977.8780
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Evans & QEW, Etobicoke Starting from $225,990 onesherway.com 416.695.3535
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INVESTOR ADVICE
// BY ANDREW LA FLEUR
4 key ingredients of a
SUCCESS CONDO FOR INVESTMENT proven method of making money in condo investing. The most well known examples of multi-phase projects/communities include Cityplace, Liberty Village, the Distillery District, and most recently the revitalization of Regent Park.
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. Check out his blog at truecondos.com. Contact Andrew at 416.371.2333 or email andrew@truecondos.com
W
hen it comes to investing in condos, not all projects are created equal. Some projects are more profitable than others, some provide investors excellent return on investment 9ROI), while others do not. So, how do you know what to look for when choosing a project to invest in? While there are hundreds of factors that need to be considered when picking the right project for investment, here are four tried and true ingredients that many of the best condo projects for investment have: 1 Multi-phase projects Projects that are not just one-off buildings, but rather contain multiple buildings rolled out over time as part of a bigger master plan, are great for investment. If the project is successful at the start, prices always go up for subsequent phases. Getting in early in a multi-phase project is a
When evaluating potential condo buildings to invest in, be sure to study the rental market in the immediate vicinity to see how much demand there is to live in the area 2 Location with upside potential While it’s hard to go wrong when you invest in an established triple-A location like Bloor-Yorkville, anywhere near Yonge Street or King West, often it takes a little more foresight to see the greatest opportunities are in areas that are still in transition. Ten years ago, no one wanted to live at King and Bathurst. Now this area is one of the hippest and hottest in the city. Today for example, the east side of downtown is much cheaper on average than the west side, which provides an excellent opportunity to invest.
study the rental market in the immediate vicinity to see how much demand there is to live in the area. Look especially for two things: are rents increasing, and how many days on the market does the typical rental listing last? Areas with rapidly increasing rental rates and low time on the market are more likely to outperform other areas. One area that has a strong rental market right now is Yonge and Eglinton. 4 Developer history On this point, I’m not referring to whether the developer has a solid history of building good product and finishing on time (while that is important). I’m referring to their history with their investor buyers. The best condo projects for investment are often those where the developer understands and puts a high value on the role of the investor buyer in the sales process. They reward their early investors with great prices, and this translates into strong asset appreciation by the time the building is complete.
3 Areas with high rental demand When evaluating potential condo buildings to invest in, be sure to OCTOBER 5 - 19, 2013 NEW CONDO GUIDE 033
purchasing points
shopping for your new condo builder
Choosing the development and suite is important, but what about the team who will build it for you? BY lydia mcnutt there are many advantages to
buying a new home. Starting with the obvious, everything is new! You get a clean slate – no scratches on the floors, no dings in the walls, no wear and tear, no signs of life before you. And builders today are incorporating innovative new materials and technologies to ensure every part of your home operates to its maximum potential for many years to come. Buying new means you get your home, your way – you choose the floor plan, finishes and features. Last but not least, buying new also gives you another distinct advantage over resale – you have the chance to choose the builder. But before you dive head-first into your new condo purchase, remember that a little research goes a long way. Choosing the location, development and suite design is important to your lifestyle and the investment value of your purchase, but selecting the builder who will make it all happen is an equally important consideration. Much like different restaurants specialize in different dishes, different home builders have different 034 new condo guide october 5 - 19, 2013
strengths. It’s up to you to review what’s on the menu. Some focus on sky-high towers, while others make their focus more-intimate midrise and townhome communities. Some builders have an eco-friendly agenda, while others are all about the ultra-luxury features. Take note of what you want in a new home, and then do your research to determine what builders can deliver your wish-list.
Choosing the location, development and suite design is important to your lifestyle and the investment value of your purchase, but selecting the builder who will make it all happen is an equally important consideration continued on page 36…
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Exclusive Listing: CityLife Realty Ltd, Brokerage. Brokers Protected. *The One Year Free Metropass and Daniels’ Rent-To-Own Program are a limited time offer and only available on a select U\TILY VM Z\P[LZ :LL :HSLZ 9LWYLZLU[H[P]L MVY M\SS KL[HPSZ 7YPJLZ ZWLJPÄJH[PVUZ HUK WYVNYHTZ HYL Z\IQLJ[ [V JOHUNL ^P[OV\[ UV[PJL 0SS\Z[YH[PVUZ HYL HY[PZ[ JVUJLW[ , 6 , (SS IYHUK UHTLZ SVNVZ Exclusive Listing: Exclusive CityLife Listing: Realty CityLife Ltd,Realty Brokerage. Ltd, Brokerage. Brokers Protected. Brokers Protected. *The One Year *TheFree OneMetropass Year Free Metropass and Daniels’ and Rent-To-Own Daniels’ Rent-To-Own Program are Program a limited aretime a limited offer and timeonly offeravailable and onlyon available a selecton a select 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. U\TILY VM Z\P[LZ :LL :HSLZ 9LWYLZLU[H[P]L MVY M\SS KL[HPSZ 7YPJLZ ZWLJPÄJH[PVUZ HUK WYVNYHTZ HYL Z\IQLJ[ [V JOHUNL ^P[OV\[ UV[PJL 0SS\Z[YH[PVUZ HYL HY[PZ[ JVUJLW[ , 6 , (SS IYHUK UHTLZ SVNVZ U\TILY VM Z\P[LZ :LL :HSLZ 9LWYLZLU[H[P]L MVY M\SS KL[HPSZ 7YPJLZ ZWLJPÄJH[PVUZ HUK WYVNYHTZ HYL Z\IQLJ[ [V JOHUNL ^P[OV\[ UV[PJL 0SS\Z[YH[PVUZ HYL HY[PZ[ JVUJLW[ , 6 , (SS IYHUK UHTLZ SVNVZ images, text images, and graphics text andare graphics the copyright are the of copyright the owners, of the The owners, Daniels The Corporation. Daniels Corporation. Reproduction Reproduction in any form,inwithout any form, prior without written prior permission written permission of The Daniels of The Corporation, Daniels Corporation, is strictly prohibited. is strictly prohibited. Exclusive Listing: CityLife Realty Ltd, Brokerage. Brokers Protected. *The One Year Free Metropass and Daniels’ Rent-To-Own Program are a limited time offer and only available on a select U\TILY VM Z\P[LZ :LL :HSLZ 9LWYLZLU[H[P]L MVY M\SS KL[HPSZ 7YPJLZ ZWLJPÄJH[PVUZ HUK WYVNYHTZ HYL Z\IQLJ[ [V JOHUNL ^P[OV\[ UV[PJL 0SS\Z[YH[PVUZ HYL HY[PZ[ JVUJLW[ , 6 , (SS IYHUK UHTLZ SVNVZ Exclusive Listing: CityLifeare Realty Ltd, Brokerage. BrokersThe Protected. *The One YearReproduction Free Metropass andform, Daniels’ Rent-To-Own Program are a of limited time offer and only available a select images, text and graphics the copyright of the owners, Daniels Corporation. in any without prior written permission The Daniels Corporation, is strictlyon prohibited. Exclusive Listing: CityLife Realty Ltd, Brokerage. Brokers Protected. *The One Year Free Metropass and Daniels’ Rent-To-Own Program are a limited time offer and only available on a select U\TILY VM Z\P[LZ :LL :HSLZ 9LWYLZLU[H[P]L MVY M\SS KL[HPSZ 7YPJLZ ZWLJPÄJH[PVUZ HUK WYVNYHTZ HYL Z\IQLJ[ [V JOHUNL ^P[OV\[ UV[PJL 0SS\Z[YH[PVUZ HYL HY[PZ[ JVUJLW[ , 6 , (SS IYHUK UHTLZ SVNVZ U\TILY VM Z\P[LZ :LL :HSLZ 9LWYLZLU[H[P]L MVY M\SS KL[HPSZ 7YPJLZ ZWLJPÄJH[PVUZ HUK WYVNYHTZ HYL Z\IQLJ[ [V JOHUNL ^P[OV\[ UV[PJL 0SS\Z[YH[PVUZ HYL HY[PZ[ JVUJLW[ , 6 , (SS IYHUK UHTLZ SVNVZ 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. images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without prior written permission of The Daniels Corporation, is strictly prohibited.
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Presentation Centre: 27 Rean Drive, Unit 10 Mon.-Thurs. 12pm-6pm, Sat., Sun. & Holidays 12pm-5pm, Fri. Closed Presentation Centre: 27 Rean Drive, Unit 10 Mon.-Thurs. 12pm-6pm, Sat., Sun. & Holidays 12pm-5pm, Fri. Closed
OCTOBER 5 - 19, 2013 NEW CONDO GUIDE 035
purchasing points
continued…
with so many builders out there vying for your attention, how to you choose the right one? canada mortgage and housing corp. offers some helpful tips:
›› to begin your search, check the Homes section of your local newspaper to find out which companies are building in the area you’re interested in, the types of homes they offer and the prices you can expect to pay. Ask friends, family members and co-workers for names of reputable builders they have dealt with. You can also check with the Building Industry and Land Development Association, and the Canadian Home Builders’ Association. ›› ask lots of questions. Find out how long the company has been in business, how many homes or condos they build each year and what kind of background and experience they have.
›› make sure the builder belongs to an industry organization and has the licences and registrations required to operate in Ontario. Ask for references, and contact them to find out if the purchasers are satisfied with their homes and the service they received. ›› once you have narrowed down your list, visit the builders’ models. Go through each one in detail, carefully noting down what you like and what you don’t. Take your time, and if you feel you don’t know enough about construction to make an informed decision, bring someone with you who does. ›› read through each builder’s website and other information materials to get a clearer picture of the company and what they have to offer. If possible, request a tour of a work site to look at a condo that is currently under construction. ›› if you’re considering buying in a new development, go on a tour of the community or take a close look at the master plans. Ask yourself if this is the type of community where you could see yourself living or raising a family for years to come. ›› always bring a camera and take notes. Ask as many questions as you can think of, and write down the answers to review later. A home is probably the biggest purchase you’ll make in your lifetime. While it can be tempting to buy on a whim, look before you leap. After all, you’re choosing the place you and your family will call “home” for the next five, 10, or perhaps many more years. It pays to do 10 minutes of homework to ensure you’re buying the right home from the right builder.
036 new condo guide october 5 - 19, 2013
CONDO PRO
// BY BARBARA LAWLOR
Maximize space to
Barbara Lawlor is president of Baker Real Estate Inc. and an in-demand columnist and speaker. A member of the Baker team since 1993, Barbara oversees the marketing and sales of condominium developments in the GTA and overseas. Keep current with The Baker Blog at blog.bakerrealestate.com
J
ust as several people can weigh the same but carry a variety of shapes, so too can condo suites share the number of square feet they encompass, yet live differently. New-home shoppers often look at square footage as being more important than layout, but this is a counter-productive way to make a decision. The configuration and flow of the rooms can have much more of an impact on livability than the
MAXIMIZE YOUR LIFESTYLE numeric measurement of the space. This is particularly important for those wishing to move from large detached homes to condos so they can enjoy carefree, maintenance-free living. Over the past decade, we have seen a revolution in condominium suite design, and today’s developers offer open-concept layouts that make the most of every square foot. They factor in large window walls to let natural light flood the living areas, and with ceiling heights at nine ft. or often more, the feeling of spaciousness increases. Linear kitchens eliminate the need for a wall separating this area from the main living space, and the effect is glorious. Many designs incorporate sliding barn doors that can open up even more of the space, and balconies add an outdoor extension of your living area. At Baker Real Estate Inc., we deal with a lot of empty-nesters who are “rightsizing” their living space by moving to a condominium, and they often tell us they are delighted with how “large” their new suites feel. Of course, they need to pare down possessions, and for many, this process offers a feeling of freedom. Moving into a shiny new uncluttered space is wonderful. Another element of condominium living that makes a big difference in day-to-day life is the inclusion of amenities in these beautiful buildings. Amenities are essentially extensions of your living space. When you have a spacious, well-equipped fitness centre in your condominium, there is no need to find space for exercise machines in your private living area. If you want to host a graduation party, baby or wedding shower, anniversary celebration or any large gala, just book the party room and save wear and tear on your kitchen, living room and dining area. Keep in mind, too, that smaller condominium suites have ushered in a new era of affordability in the new-home market across the Greater Toronto Area. First-time buyers are finding they can enjoy the thrill of home ownership by starting out with a compact condo that lives larger than its square feet. Young people today do remarkably well in smaller condos. For one thing, they favour casual living and are just as happy eating dinner at a breakfast bar and watching television on their laptops. They do not require great expanses of space, because they pass up large dining and living room furniture and opt instead for a couple of comfy chairs, a loveseat and an ottoman. Even in lowrise housing, layout is often more important than the raw square footage when it comes to livability. If you’re thinking about making the move to a condominium, study the floor plans, look at the amenities and be realistic about what you need and want. Look around for multi-purpose furnishings and come up with creative ways to maximize space. If your plan has a den, you can use it as an office and keep a day bed in it so that in the evening, voila – you have an extra bedroom for a guest. Whatever your age and life circumstances, you may be surprised at how a smaller square footage can work to your benefit. Keep an open mind, consider layout along with square footage, and tour as many model suites as possible to gain a real appreciation for today’s spectacular designs.
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Prices, sizes and specifications subject to change without notice. E. & O.E. Illustration is artist’s impression. Presentation Centre is open Monday to Wednesday from 12pm to 7pm, Saturday and Sunday from 11am to 6 pm and closed Thursday and Friday. october 5 - 19, 2013 new Condo Guide 039
040
041041
in the news
COnCOrd CityplaCe’s newest residents are feted at extravagant celebrations
Over the past 15 years, the Concord CityPlace community has grown
at an incredible pace. What was once a vast swath of vacant land is now a bustling neighbourhood of more than 12,000 young professionals, empty nesters and, increasingly, young families. All segments of the varied Concord CityPlace demographic were on hand recently to enjoy “Starry Night at Parade,” a two-night celebration put together by the neighbourhood’s developer, Concord Adex, to officially welcome residents of the Parade towers to the community. “As a long-standing member of the Toronto community, we constantly strive to find ways to enrich our residents’ living experience,” says Gabriel Leung, vice-president of development at Concord Adex. “We wanted to welcome all of our new residents to this wonderful neighbourhood and this celebration is one way of doing so.”
“ We wanted to welcome all of our new residents to this wonderful neighbourhood and this celebration is one way of doing so” The event was held on two separate nights to accommodate more than 3,000 residents of the two main Parade buildings. The pedestrian mews running between the two towers and directly below the Concord SkyBridge (where the SkyLounge amenity space was recently opened directly above) was transformed by gigantic white tents. Both nights featured energetic live music and dancing, a variety of food 042 new COndO Guide october 5 - 19, 2013
stations and plentiful beverages to wash it all down. A handful of lucky winners also walked home (literally!) with door prizes, including laptops and a hefty cash prize. The purchaser parties were just the latest in a series of community events that have helped transform Concord CityPlace into Toronto’s newest real neigbourhood. This past August brought the first annual Cityfest celebration, an all-day festival organized entirely by residents and volunteers that was attended by more than 1,000 people. After a successful pilot project last year, Concord CityPlace now supports an annual farmer’s market every Tuesday from June to October. The neighbourhood is also home to Concord ArtSpace, the city’s largest collection of public art, with 15 individual installations from a diverse array of internationally acclaimed artists and sculptors and more than a dozen pieces in renowned Canadian artist Douglas Coupland’s Canoe Landing Park. Leung is thrilled that residents of the area have shown so much interest in bringing their neighbours together and adds that Concord Adex will be happy to continue supporting these initiatives. “We understand that it takes time to build that positive community spirit, but we really believe that we’ve reached that point at Concord CityPlace,” says Leung. “And the most exciting part of it is that the best is still yet to come for this neighbourhood.”
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october 5 - 19, 2013 new Condo Guide 043
QUICK TIPS
// BY HELLEN BUTTIGIEG
Autumn is upon us and with that comes
TIME MANAGEMENT
lunches the night before and refrigerate. Assign an area in the fridge for school lunches and drinks. With smaller children, encourage independence by storing their foods low enough for the little ones to reach.
›› INVOLVE THE KIDS. You don’t have to do everything yourself. Teach your kids
Hellen Buttigieg is a certified professional organizer, life coach, TV host and owner of We Organize U. Visit her website, weorganizeu.com, for a free e-book on how to find more time, energy and inner peace. Email Hellen at info@weorganizeu.com
B
ack-to-school and back-towork season are in full swing, and that means more time in the kitchen preparing lunches and dinners, and less time for you to put your feet up or get other errands done. Here are some helpful tips to handle the stress of autumn.
›› WHAT’S FOR DINNER? Avoid the
stress and expense of last-minute dinner decisions with a little advance planning. Ask your family to list their favourite meals and create a revolving two-week dinner menu (with a grocery list to match). Post it on the fridge so whoever comes home first can start preparing it. Double the amount you make and freeze it for quick meals on the busiest nights.
›› SCHOOL LUNCHES MADE EASY. Designate one shelf in the pantry for school snacks only. Transfer foods to airtight containers – you’ll save space because they stack well, and the food will keep longer. Pack 044 NEW CONDO GUIDE OCTOBER 5 - 19, 2013
how to do age-appropriate tasks and give them a weekly chore list. You will be helping them to develop important life skills. After you show them how to do each task, post a step-by-step checklist for them to follow when they do it on their own (use pictures for kids who are too young to read). This will allow them to work independently and gain confidence in their newly acquired skills.
›› CLEAN AS YOU GO. Handle small messes as they happen to save time and effort in the long run. Rinse dirty dishes and put them in the dishwasher immediately after use, before the food hardens and sticks. If something spills in the fridge, clean it as soon as you notice. If you stain an article of clothing, pre-treat it right away. Keep wipes handy for quick bathroom/kitchen spot-cleaning.
›› HOW’S YOUR “TO DO” LIST WORKING OUT FOR YOU? If you find your “to do”
list overwhelming and ineffective, consider approaching it differently. Rather than one long list, create several short ones based on the category of the task, i.e. errands, home, calls, computer, etc. Keep your lists together in a small notebook that’s portable and always easily accessible.
›› MULTI-TASKING REDUCES PRODUCTIVITY. Contrary to popular belief, multi-
tasking may actually lower productivity. Switching back and forth from one task to another costs time and leads to frustration and feelings of overwhelm. As a result, stress increases and there is a greater chance of error. Although simple tasks can be done at the same time, like watching TV and folding laundry, important, complex activities require our undivided attention.
›› EXERCISE DECISION MAKING. Having trouble making decisions? Putting off
decisions is actually a decision – a decision not to do anything! Most of us avoid decisions out of fear of making a mistake or upsetting someone. There is an element of risk in making a decision to act, but by not taking action, we can miss opportunities for positive change in our lives. The next time you are faced with a decision, instead of imagining the worst possible outcome, imagine what could go right and how your life would improve as a result. Some guidelines I use when making decisions are “trust your gut” and “if it’s not an absolute yes, then it’s a no.”
›› STAND UP FOR YOURSELF. You can’t please all people all the time, so aim to at least please yourself. It’s incredibly freeing once you consciously decide that everybody doesn’t have to like you. You’ll be able to say “no” to things you don’t want to do, and as a result, you’ll find more time for activities and relationships that nurture you and bring you joy.
OWN YORKVILLE FOR ONLY 5% DOWN THE CHAZ CLUB. THE OUTDOOR COURTYARD. THE LOBBY LOUNGE. THE PET SPA. THE FITNESS CENTRE. THE GAMING ZONE. THE BILLIARDS ROOM. THE THEATRE ROOM. THE BUSINESS CENTRE.
Avenue Rd.
Dupont St. Yorkville Ave. Sales Centre
Bloor St. Yonge St.
Bay St.
45 Charles St. E.
Wellesley St.
STOP BY OUR SALES CENTER FOR DETAILS CONSTRUCTION ABOVE GROUND - WATCH YOUR HOME GROW - OCCUPANCY 2014 INSPIRED LIFESTYLE IN YORKVILLE FROM THE $300’S Avenue Rd.
Dupont St. Yorkville Ave. Sales Centre
Yonge St.
Bay St.
WWW.CHAZYORKVILLE.COM 416.922.0045
Bloor St. 45 Charles St. E.
Wellesley St.
SALES CENTRE LOCATED AT 101 YORKVILLE AVE. SITE LOCATED AT 45 CHARLES ST. EAST MON. – THURS.: 12PM – 6PM, FRI.: 2PM – 6PM, SAT.: 12PM – 8PM, SUN.: 12PM – 6PM, STATUTORY HOLIDAYS: OPEN Exclusive Broker Baker Real Estate Inc. Brokers Protected. Prices and specifications are subject to change without notice. Illustrations are artist concept. E&O.E.
045
condo profile
cHAZ.YorKVille
is more than the perfect address Amazing value, state-of-the-art technology, and five per cent down complement fine city living
l
ocation, location, location is the focus of those looking for the ideal residence. In the case of Chaz. Yorkville, it’s more like location, amenities, design, technology, exclusivity, luxury, variety and value! All of this is available with only five per cent down, for a limited time! There is a lot going on these days on Charles Street, where developer 45 Charles Ltd. and project manager Edenshaw Homes are raising the bar for urban living. In the tradition of one of Toronto’s finest neighbourhoods, this magnificent 47-storey tower and elegant five-storey podium offer an amazing array of things to do, things to see, and things that simply make your life better. Of course, a big part of this story is value, with suites starting in the low $300’s, and a limited-time offer lets you put just five per cent down on a residence. With suites 046 new condo Guide october 5 - 19, 2013
that range from cosy studios to expansive penthouses and everything in between, the Yorkville lifestyle beckons to city lovers of all kinds. Some plans include a large den that could be a home office and a terrace for morning yoga practice. Huge family-friendly three-bedroom Sky Residences offer lots of valuable storage areas, four bathrooms and multiple flexible spaces with two balconies to capture the amazing views. Thanks to the distinctive shape of the tower itself, each of the floor plans is unique and very well planned. Impeccable design comes from
CANTILEVERED OUT FROM THE 36TH AND 37TH FLOORS, THE CLUB’S SPECTACULAR VIEWS OF BOTH THE CITY SKYLINE AND THE LAKE WILL DAZZLE EVERY GUEST YOU INVITE TO JOIN YOU IN THE GRAND ROOM WITH LOUNGE BAR, EXQUISITE DINING ROOM WITH DEMONSTRATION KITCHEN, AND EXTENSIVE OUTDOOR TERRACE the award-winning architects at Page + Steele/IBI Group and interior designers Cecconi Simone. Even the lobby is a masterful, multi-purpose space where you can entertain guests, relax in front of a roaring fire, or slip outside for a moment’s respite in the private Zen garden. The list of amenities is simply stunning, including a pet spa, guest suites, business room, fitness centre with yoga/Pilates studio and spinning room, relaxation room with massage chairs and innovative hydro-massage bed. A cinematic theatre room, fan-fantasy sports lounge and competition-ready gamers’ arena, each boast the latest in audio/visual technologies, including 84-in., 4K televisions to complete the offering. The crowning jewel is the Chaz Club, a breathtaking two-storey entertaining hub that replaces the chicest area night club. Cantilevered out from the 36th and 37th floors, the Club’s spectacular views of both the city skyline and the lake will dazzle every guest you invite to join you in the grand room with lounge bar, exquisite dining room with demonstration kitchen, and extensive outdoor terrace. Powering it all are the very latest residential technologies, including
700-ft.-per-minute elevators and superbly fast Internet service via fibre optic wiring directly from Rogers’ head office down the street — it will be the fastest Internet service in all of Toronto. The terrific communitybuilding platform Bazinga! brings everything and everyone together with cloud-based functionality. You can book a guest suite, check out the minutes from the latest board meeting, keep track of your warranties, look for a dog-walking buddy — just about anything you can think of that helps you get the most out of urban life can be done with a click, a tap or a swipe from your laptop or mobile. Of course, it still comes back to location. Immediate subway access brings all of Toronto’s outstanding neighbourhoods within easy reach, both on the Bloor/ Danforth and Yonge/University lines. Should you decide to venture beyond the celebrity-frequented bars and restaurants, designer shops, galleries, cafés, and spas that are all around you, you can be noshing at Danforth’s delicious Greek area, shopping on eclectic Queen West or catching some live theatre in the Entertainment District before you can say, “Make my dreams come true!” construction is well underway, which means you can stop dreaming and start living here next year. chaz.Yorkville brings style, value, cutting-edge technology and more to location, location, location in the GTA — and all for just five per cent down! Visit the sales centre at 101 Yorkville Ave. between Avenue road and Bellair Street, Monday to Thursday from noon to 6 p.m.; friday 2 to 6 p.m.; Saturday noon to 8 p.m. or Sunday, noon to 6 p.m., or call 416.922.0045. experience chaz.Yorkville online at chazYorkville.com. october october5 5- -19,19,2013 2013new newcondo condoGuide Guide047 047
TAXING ISSUES
Selling a real estate
Henry Choo Chong, CGA, sits on many committees and provides accounting and tax services to individuals and businesses in the GTA. He can be reached at 416.485.5225. Questions to Taxing Issues can be emailed to choochonghcga@yahoo.ca
The opinions and views expressed herein are those of the author and not those of New Condo Guide. New Condo Guide does not necessarily endorse or encourage any specific tax strategies. Please consult a tax professional for advice specific to your particular situation.
Q
I purchased a rental investment property nine years ago. Every year I have filed the rental income on my tax return. This year I sold the property. In addition to my rental income, what tax implications will I have to report? Jared, Toronto
A
Hopefully you made a profit! The real estate market has been healthy for the past several years and continues to be strong. Selling a real estate investment property will generate either a capital gain/ loss and/or a recapture of income/ terminal loss.
048 NEW CONDO GUIDE OCTOBER 5 - 19, 2013
// BY HENRY CHOO CHONG
INVESTMENT PROPERTY You will have a capital gain when the proceeds of the sale exceed the original cost of the property. A capital gain must be included in your personal tax return (if you own it personally) and is taxed on 50 per cent of the gains at your personal tax rate. A capital loss occurs when the cost is greater than your proceeds. The capital losses should be included on your personal return and applied against capital gains in that year. Any excess losses can be carried back three years, or carried forward indefinitely to reduce capital gains. In calculating the capital gain/loss, determining the adjusted cost of the property is an essential factor. The adjusted cost must include not just the purchase price but also other costs incurred that had to be capitalized. As well, the proceeds of disposition are the entire cost, including the selling price and adjustments pertaining to the sale of the investment. In addition to the capital gains/losses, you may have a recapture of income. This occurs when you are taking Capital Cost allowance (depreciation) on the building, in any of the years that it was owned by you. The balance in this account is called the “undepreciated portion.� A recapture of income occurs when the lesser of the proceeds and the cost of the property is higher than the Undepreciated Capital Cost (UCC). The recapture of income is taxed in its entirety at your personal tax rate. Alternatively, a terminal loss occurs when the lesser of the proceeds and the cost of the property is less than the UCC. This terminal loss can be applied in the current year to reduce other income (such as salaries or business income). Any unused amounts can be carried back three years or carried forward. Good record keeping is essential to calculate the correct gains and/or losses.
COMING SOON Nestled on the edge of High Park - Toronto’s largest urban park and just steps from the quaint shops and fine dining of Bloor West Village, The Daniels Corporation is excited to introduce
WHERE MODERN URBAN MEETS MOTHER NATURE Yes, this is the actual view from the 14th floor!
A Daniels / WJ Community
The only new condominium within Toronto to offer innovative suites ranging from studio to two bedroom + den designs featuring superior finishes and unobstructed views of over 399 acres of vibrant parkland and beyond. Add to this 18,000 sq. ft. of indoor and outdoor private amenities, unlike any other in the city today, and you’ll quickly see that HighPark Condominiums is Where Modern Urban Meets Mother Nature.
SUITES FROM THE
$300,000s ALREADY UNDER CONSTRUCTION
Register Today 416.351.1844 danielshighpark.com
Exclusive Listing: CityLife Realty Ltd. Brokerage. Brokers Protected. Illustrations are artists concepts. Prices, specifications and programs are subject to change without notice. E.&O.E. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without prior written permission of The Daniels Corporation, is strictly prohibited.
DANIELS HIGHPARK CONDOMINIUMS GOES BEYOND ALL EXPECTATIONS WITH A Once-in-a-Lifetime Residential Opportunity This fall, The Daniels Corporation will be going on sale with a much-anticipated residential community that will elevate a prime Toronto address with stylish elegance. Already under construction, HighPark Condominiums will offer distinctive architecture, outstanding amenities and superbly-appointed suites in a legendary location “Where Modern Urban Meets Mother Nature.” The highly anticipated Daniels residence is situated on the north side of Bloor Street, between Pacific Avenue and Oakmount Road, steps to the High Park and Keele subway stations, schools, and a multitude of boutiques, shops, bakeries and restaurants in nearby Bloor West Village. The condominium will overlook scenic High Park with unobstructed natural vistas, unlike any other offered in the city today.
WHERE MODERN URBAN At nearly 400 acres, High Park is the city’s largest public park, with wild forests, Japanese cherry trees, hiking trails along Grenadier Pond, an off -leash dog park, playgrounds, greenhouses, a café and even a zoo. Every day can become a lively adventure for residents of HighPark Condominiums. Simply cross the street and enjoy a mid-day picnic in the park with family, then dress to the nines for an evening of dining right in your own neighbourhood or browse the markets for fresh produce in the morning and create a culinary masterpiece in your chic kitchen to entertain friends for lunch. Rising 14 storeys above Toronto’s crown jewel park and overlooking the mature streetscape of the surrounding community, this elegant residence will make you feel right at home. HighPark Condominiums will feature a stunning glass-clad and warm brick design, inviting entry courtyard and lush landscaping. With unrivalled views, HighPark Condominiums will offer residents true sophisticated living.
Framed by a backdrop of unexpected pleasures, HighPark Condominiums will embrace family, friends and fun! Daniels made sure of that by providing an unprecedented array of innovative condominium amenities, as well as special programming that will give residents the tools they need to make the most of their surroundings.
3RD FLOOR OUTDOOR TERRACE
Residents will have the exclusive use of 18,000 square feet of unique indoor and outdoor amenities on three levels. From the main entry off Bloor, the double-height lobby offers a warm “welcome home,” and a dog spa provides a place where owners can clean muddy paws after a long walk in the park.
On the second fl oor, residents can work out in the weight room, test their mettle at the cutting-edge Climbing Wall and treat friends to special screenings in the theatre. The third fl oor is home to a cardio studio and an indoor/outdoor yoga and Pilates area. An elegantly designed party room with an adjacent billiards room and Outdoor Terrace offer a place for entertaining, and a tenth fl oor amenity space includes an indoor/outdoor Party Room with catering kitchen, a landscaped outdoor barbecue area and both an indoor and outdoor fi reside lounge. To ensure residents are able to take full advantage of the amenities in their home, a recreational coordinator will be on hand to help set up a personal training session or book the Party Room.
To further promote a small carbon footprint, HighPark Condominiums will include a car sharing program, rough-in electrifi ed parking spaces and other innovative technologies for energy savings. Plus, a first in condominium living, Daniels has created a one-of-a-kind Bike Engagement Program where residents will enjoy participating in active bike clinics, tune-ups and planned excursions with friends and neighbours. Don’t own a bike? No problem! Daniels has also created a bike-share program for exclusive use of residents. This program offers an easy and convenient way to pick up and get around town on two wheels rather than four!
MEETS MOTHER NATURE HighPark Condominiums will encompass
389
suites
priced
from the $300,000s and 12 ground-level
two-storey
urban
townhomes. Elegant finishing appointments include stainless steel appliances, Quartz kitchen countertops, as well as marble countertops and porcelain ooring in the bathrooms. A selection of suites feature majestic terraces offering sweeping panoramic views of the city skyline, park, lake, and beyond. YOUR EXQUISITE FINISHES
WHERE GREEN THUMBS MEET TO GROW TOGETHER A trailblazer in incorporating urban gardening opportunities into their new home communities across the GTA, HighPark Condominiums showcases Daniels’ commitment to an environmentally sustainable and healthy lifestyle with an array of community gardening plots. Providing urban agriculture amenities is a wonderful way for residents to come together, establish a deep sense of community and connect to the earth in an interactive way. At HighPark, Daniels has partnered with The Cutting Veg (an organic farm based in Sutton, Ontario) to teach, develop and implement plans to assist homeowners in using their gardening plots efficiently. Urban living at HighPark Condominiums is fresh, healthy, and delicious!
2 ND FLOOR GARDENING PLOTS
ACTUAL NORTHEAST VIEW FROM 14TH FLOOR
The Daniels Corporation (danielshomes.ca) is one of Canada’s preeminent builder/ developers, building more than 24,000 new home communities across the Greater Toronto Area for over 31 years. Daniels was named the Tarion Warranty Corporation’s 2012 Ontario High Rise Builder of the Year and the recipient of the 2012 Toronto Arts and Business Award presented by the Toronto Arts Foundation. Among its many initiatives, Daniels was chosen to partner with Toronto Community Housing to revitalize Regent Park – 69 acres in Toronto’s Downtown East. Committed to community, Daniels offers innovative programs that help people achieve homeownership, champions neighbourhood initiatives that enhance quality of life, and supports numerous charities and non-profit organizations.
Registrations are pouring in for HighPark Condominiums, which is already well under construction. DON’T MISS OUT! ST Suites from the $300,000s ONT DU DUP E
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LesLie styLes, foodie and traveL aficionado, shares some deLicious dishes found on her traveLs around the worLd
hugh’s Pear and almond Cake
directions ›› Preheat oven to 325°F. Grease a springform cake tin and line the base with baking parchment. Peel, core and quarter the pears. ›› Melt the butter in a frying pan large enough to take all the pear pieces, over a medium-high heat. When it’s bubbling, add the sugar and stir gently until it has dissolved into the butter. Add the pears and cook gently, turning once or twice, until they have softened and are starting to turn a lovely golden colour, about 10 to 15 minutes. Set aside to cool. ›› Now for the cakey bit – in a mixing bowl, beat the softened butter with the caster sugar until pale and fluffy. Beat in one egg at a time, adding a spoonful of the flour with each to stop the mix curdling. ›› Combine the remaining flour, ground almonds and cinnamon, and fold into the mixture. Scrape into the prepared tin. Arrange the pears on top and pour on any buttery juices left in the pan. ›› Bake for about 40 to 50 minutes, or until a skewer inserted into the centre of the cake comes out clean.
There is someThing very warm and inviTing about the sweet, buttery
aroma of a home-made cakey confection as it comes out from the oven. It’s a seductive smell that is pretty hard to resist, so why bother? As Oscar Wilde said, “The only way to get rid of temptation is to yield to it!” And so I did, and made this delicious pear and almond cake for guests this past weekend, inspired by Hugh Fearnley-Whittingstall’s recipe from his River Cottage Everyday Cookbook. The pears are gently sautéed in butter and sugar, then added to an eggy batter of ground almonds and wholemeal flour, poured into a buttered springform tin, then baked for about 40 minutes. The combination of pears and almonds brings a luscious texture to this moist and sticky, but not too sweet, pear-fect pud! ingredients
›› Stand the cake in its tin on a wire rack to cool for a few minutes, then release the tin. Serve the cake warm with clotted or whipped cream – or cold. This recipe is cakewalk. Lovely sticky and exciting. Pear-fect!
serves 8
› 10 tbsp unsalted butter, softened › ½ cup caster sugar › 2 medium eggs › 5 tbsp wholemeal self raising flour (or all purpose flour with 1 tsp baking powder plus a pinch of salt) › 5 tbsp ground almonds › ¼ tsp cinnamon
050 new Condo guide october 5 - 19, 2013
For The Caramelized Pears:
› 3 bosc pears, reasonably firm, but not rock hard › 2 tbsp unsalted butter › 1 tbsp granulated sugar
Leslie Styles is president of Styles Design Inc., a Toronto-based branding and communications agency, and author of Scrumpdillyicious, a food & travel blog dedicated to all things delicious. She can be reached at stylesdesign.net and scrumpdillyicious.blogspot.com
TO LIVE FOR THE MOMENT
LONGBRANCH PREVIEWING EARLY NOVEMBER: URBAN TOWNHOMES BY THE WEST TORONTO WATERFRONT FROM $199,900* What do you long for? Waterfront trails, cool shopping, GO Train and TTC at your doorstep? Stylish, urban townhome living? Coming soon, Minto Longbranch. A fantastic lakeside location, spacious designs, rooftop terraces and more.
REGISTER NOW FOR PREVIEW OPPORTUNITY
MINTOLONGBRANCH.COM *Prices and speciďŹ cations are subject to change without notice. E.&O.E.
MONEY MATTERS
Getting
// BY GAIL VAZ-OXLADE
DEBT-FREE FOREVER
I
Gail Vaz-Oxlade is the host of Til Debt Do Us Part, author of Debt Free Forever and blogs daily at gailvazoxlade.com. Follow Gail on Twitter at twitter.com/GailVazOxlade
’ve often said that getting to debt-free is simple but it isn’t easy. And that’s the problem most people have with biting down and getting to work. They would rather whine about how horrible life is, complain about how stressed they are or simply stick their heads in the sand then get busy. If you’re one of the people who is procrastinating about taking control of your money and your life, you first have to figure out why you’re procrastinating. At the University of Konstanz in Germany, a team of psychologists wanted to see if our tendency to procrastinate had anything to do with how we think of the task at hand. Could it be that if we see something as psychologically “distant” – like getting to debt-free – that makes us resistant to tackling the task immediately. A group of students were asked to respond to a group of questions by e-mail within three weeks. The questions had to do with run-of-the-mill tasks like opening a bank account or keeping a diary. Students were given different instructions for answering the questions. Some were asked to think and write about each activity in an abstract way, as in what the task implied about personal traits: what kind of person has a bank account? Others were asked about the concrete steps of each activity: speaking to a teller, filling out forms, making an initial deposit. Then the psychologists waited and waited… and waited. They recorded all the response times to see if there was a difference between the two groups. CONTINUED ON PAGE 54…
If you’re one of the people who is procrastinating about taking control of your money and your life, you first have to figure out why you’re procrastinating
052 NEW CONDO GUIDE OCTOBER 5 - 19, 2013
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october 5 - 19, 2013 new Condo Guide 053
MONEY MATTERS
CONTINUED…
Start now. Each time you put off getting started you allow the problem to grow in size and complexity in your mind. Guess what? There was. A very clear difference. While all of the students were being paid upon completion, those who were asked to think about the questions abstractly were more likely to procrastinate. Some never got around to the assignment at all. Those who were focused on the concrete steps – the how, when and where of doing the task – got the job done sooner. It seems that just thinking about what you want to accomplish in concrete, specific terms reduces our tendency to procrastinate. › Blame your fear. Blame your sense of failure.
Blame your belief that you can’t do it yourself. Whatever excuse you use, you’re guaranteeing your failure. Take the bull by the horns, lay out a plan of action, make that plan specific, measurable, achievable, realistic and timely, and you’re on your way to being debt-free forever. › Start now. Each time you put off getting
started you allow the problem to grow in size
054 NEW CONDO GUIDE OCTOBER 5 - 19, 2013
and complexity in your mind. For as long as you’re not doing something about a problem you’re allowing the fear to build. Stop living in fear and start doing something different. › Break down the steps. Make the plan
concrete. Make the steps manageable. Setting a goal of being debt-free forever by the end of the year is great, but only if you also say how you’re going to do it. “I’m going to cut $200 in unessential spending from my budget and apply that to my debt repayment.” Those concrete steps are what will make the plan actionable.
› Enjoy the challenge. Yes, it may feel like
you’re about to climb a mountain, but how you approach the mountain will make all the difference in the world. If you keep looking at how high it is and reinforcing how impossible it is to get to the top, you’ll fail. If you see each step you take up the mountain as something to celebrate, you’ll eventually reach the summit.
Advertorial
CANARY DISTRICT CONDOMINIUMS PARK YOURSELF HERE Imagine if your home overlooked a beautiful park like New York’s Central Park or London’s famous Hyde Park ‌ Now it’s possible right here in Toronto! Canary District Condominiums is located next to the City’s newly opened and most scenic park, Corktown Commons park: a spectacular 18-acre active, vibrant and inviting green space that will be also be a gateway to the provincial trail system. Located at Front Street East and Cherry Street in the City’s fast growing downtown east, Canary District is Toronto’s biggest urban village in the making with a ďŹ ne selection of homes and condos in a brilliantly planned neighbourhood.
EXCITING FRONT STREET PROMENADE
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FABULOUS URBAN CONDO TOWNHOMES – ONE PRICE $299,900! An incredible opportunity to own a superb Condo Townhome in the Downtown East! These modern urban 1-bedroom Towns are perfect for city living, steps to transit, shopping & dining! LIMITED NUMBERS, at this price they won’t last, ACT NOW!
Approximately 1,000 ft of Front Street, looking west from the entrance of Corktown Commons park, will be transformed into a vibrant, colourful promenade lined by cafes, bakeries, boutiques and retail stores. Made for walking, this extra wide promenade will be beautifully landscaped with parkettes, benches and gathering spaces and will become a magnet for residents, visitors and businesses. Designed along the lines of a European boulevard, the Front Street Promenade will evolve into a major tourist attraction for the City, and will offer clear sightlines all the way to the downtown core.
DID YOU KNOW? Crews are installing roads, walkways, granite curbs and brick pavers for what is going to be the City’s newest, most enchanting pedestrian boulevard, the Front Street Promenade!
NOW SELLING! The ďŹ rst phase of the award-winning Canary District features a stunning condominium with a wide selection of home choices from studio up to 2 bedroom designs and a beautiful collection of live/work units and fantastic 2-level condo townhomes with prime street frontage. RN
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october 5 - 19, 2013 new Condo Guide 055
Come see the city’s most sophisticated new residence. With oversized terraces, modern design and an unbeatable midtown St Clair West address, The Nest, Residences of Hillcrest Village is the perfect place to land. Define your way to live surrounded by all the conveniences at your door step including transit.
FROM THE MID $200’S. REGISTER TODAY.
TheNestCondos.com 416.223.0003 facebook.com/thenestcondos twitter.com/thenestcondos
BROKERS PROTECTED. Rendering is an artist’s impression. Sizes and specifications are subject to change without notice. E.&O.E.
056 new Condo Guide october 5 - 19, 2013
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Where Whereluxury luxurytakes takeswing. wing.
october 5 - 19, 2013 new Condo Guide 057
in The news
ToronTo’s exeCuTive CommiTTee
endorses new development charges The CiTy of ToronTo’s exeCuTive CommiTTee
has endorsed the Development Charges Study and the proposed Development Charges Bylaw. The staff report will be considered at Toronto City Council at its meeting on Oct. 8 and 9. The new fees will help pay for the cost of infrastructure required to service new development, such as roads, transit, water and sewer infrastructure, community centres, and fire and police facilities. The staff report comes after the completion of a comprehensive study on development charges that determined the rates that can be levied under the provincial Development Charges Act. 058 new Condo Guide october 5 - 19, 2013
“The proposed development charges bylaw balances the City’s planning and economic objectives with the City’s capital financing needs,” says Mayor Rob Ford, chair of the Executive Committee. “It’s important for the public to be aware that despite the increase under the proposed new bylaw, Toronto’s rates remain well below the average charges imposed in the GTA. The funds generated will help us build vital infrastructure, build transit and build communities.” As a part of the review, the City engaged in an extensive consultative process. Staff held public consultations with key stakeholders including representatives from the Building Industry and Land Development Association (BILD). The proposed rates represent, on average, a 75-per-cent increase over the current residential rates and a 25-per-cent increase over the nonresidential rate. If the new rates are approved by City Council, the City will implement the rate increases over a two-year period beginning Feb. 1, 2014, with 55 per cent of the increase coming into effect by Aug. 1, 2014 and full implementation by Feb. 1, 2016.
october 5 - 19, 2013 new Condo Guide 059
CHINESE HOME & CONDO GUIDE 網上 參閱
Chinese home and condo buyers and investors now have a new comprehensive, full gloss real estate magazine to inform and guide them through the buying process in the Greater Toronto Area.
各式電子工具都可瀏覧
ChineseHomeGuide.com
- Oct 12, 2013 九月七日至十月十二日 / Sept 7
時尚鎮屋 示範單位 經已開放
Launched in 2012, the Chinese New Home and Condo shopper and investor will have a valuable new resource to help inform and guide them through the newest communities in the Greater Toronto Area.
餅層出不窮 r 萬錦市中秋慶祝活動 r 精緻月 城市觸覺 – 萬錦市的強勢發展 8/28/13 10:51:38 AM 3-2.indd 1
GTA Chinse Front Cover_09071
060 NEW CONDO GUIDE OCTOBER 5 - 19, 2013
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INTRODUCING THE AWARD SERIES
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061
Architecture
// by hArry kohn
Architecture
is an art and a science
We have our own visions, of course, and as we are artists in our own way, it’s important for us to be true to those sensibilities. We design for others, though, so we also have to be sensitive to our clients’ needs, any historical or heritage aspects of the site, the appropriateness of the building exterior for its surroundings, the design of the interior to accomplish its goals, and of course things like budget and municipal requirements. The topic of architecture is complex, to say the least. As architects, we have to ensure that the design we present is practical without being boring and static. It must stand the test of time, and it must stand, period. Harry Kohn is a founding partner of Kohn Partnership Architects Inc. in Toronto that is active on multiple commercial and residential projects in Canada. kohnarchitects.com
W
hen people walk or drive by buildings, it’s understandable that they judge the quality of the architecture by what they like. They think of aesthetics, and that is an important aspect of this profession. Building exteriors help to set the tone for urban, suburban and country landscapes, and as architects, we have a lot to take into consideration when it comes to the subjective topic of aesthetics.
Architects are schooled in a phenomenal range of topics other than design. We need graphic skills, math classes, knowledge of engineering, history and more. Abiding by engineering principles helps to ensure that a building is sturdy and can function well throughout the elements it will endure over decades. A tall building has to withstand winds that are far more vigorous than those facing lower structures. An exterior that fares well in Toronto may not age so gracefully in Florida, where spray from saltwater may affect the materials chosen for the job. The interior space of a building has to be carved up effectively and safely as well, taking into consideration sound construction, and the needs and wants of the clients and end-users. The engineering that goes along with architecture is critical. Walls have to be placed so that the structure is secure, and elements such as plumbing and wiring can be installed in a logical way. Our structural drawings have to include all of the building’s systems, which must meet building code. The environment and sustainability must be addressed, as well as other issues that arise as the architect works with the team that ultimately creates the building. Our background and experience has to cover a knowledge of art, previous and current architecture practices and design, economics, history, lighting, shadows, the effect of textures, the use of computer software like AutoCAD, and even philosophy. Cultures have often been evaluated on the strength and style of their architecture, so insights into the past, present and future are helpful. Architects are schooled in a phenomenal range of topics other than design. We need graphic skills, math classes, knowledge of engineering, history and more. And we must have active right and left brains to achieve the effective balance between looks and practicality. In the end, it is a privilege to design buildings that contribute so much to an area’s identity. The next time you pass by a building and think about how it looks, take a moment to appreciate its complexity and the science that went into creating it, as well as the art.
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063
moRtGaGe fiNeSSe
How to be
// by CalUm RoSS
moRtGaGe-fRee SooNeR thaN yoU thiNK 2 Use accelerated weekly or bi-weekly payments. Accelerated
Calum Ross is senior vice-president and practicing mortgage agent with The Mortgage Centre. He has appeared on Canada AM, Investment Television, BNN and Citytv. He holds an MBA in finance and is an accredited mortgage professional. He can be reached at 416.410.9905.
I
am increasingly faced with clients who are intent on retiring their mortgage as quickly as possible. Here are some tips that I give my clients who want to be mortgage-free as quickly as possible. If you follow all the suggestions below, your mortgage will be gone quicker than you think.
1 Never get an open mortgage at a fixed rate unless you plan on paying it off within its term.
Today’s closed mortgages generally offer 10 to 20 per cent prepayment privileges, and can usually be obtained at one per cent or more off the posted rate. Open mortgages at fixed rates carry higher interest. Why pay higher interest unless you are going to exceed this 10- to 20-percent prepayment? You can always make bigger lump sum payments at renewal time with no penalty. 064 New CoNdo GUide october 5 - 19, 2013
weekly payments are equivalent to one-quarter of your monthly payment. Accelerated bi-weekly payments are equivalent to half your monthly payment. Both of these methods enable you to make one extra monthly payment a year. The impact of this alone reduces your amortization from 25 to less than 21 years. 3 Give your mortgage the same raise that you get each year. If
your income goes up 10 per cent, so too should your mortgage payment. This extra increase in payment will go directly towards principal repayment. 4 Give your mortgage a portion of any bonus or extra income.
If you spend 30 per cent of your income on your mortgage, then 30 per cent of any extra income should also go to your mortgage in the form of a prepayment. This bonus portion will go straight toward principal repayment. 5 Keep your payments the same, even if you renew at a lower rate.
Since you already know that you can afford to pay at this level, don’t decrease your payment when you negotiate a lower rate. The difference in payments between your new rate and the old one will go directly to the principal. 6 Use your income tax return to put a lump sum payment toward your mortgage. This is extra money
that is not used in your monthly budget. Don’t indulge – make it really benefit you.
7 Use extra money from your budget. Most financially sound
people have a budget that they live by. If you have a little bit extra, apply it to your mortgage. Minimum prepayments can be as little as $100.
8 Round up your mortgage payments. Why not round off that
$656 bi-weekly payment to $675? You will be amazed at the difference. 9 Consider a variable-rate mortgage. While the fluctuation
will keep some people awake at night, those who can endure the rate adjustments can save money. Some variable rate or adjustable-rate mortgages are up to 0.5 per cent below prime.
10 Seek independent financial advice. While some bankers do
look out for your best interest, they work for the bank, not you. Their branch, organization and shareholders all have a financial interest in lending at higher rates, and it is in their best interest for you to keep your mortgage for a long time. Talk to your financial planner, mortgage consultant, or a financially savvy friend. I know that these steps take discipline and dedication, but the old adage still holds true – a penny saved is a penny earned. The one thing that most financially successful people have in common is discipline. It might not feel fulfilling now, but believe me when I say that this short-term sacrifice will result in long-term gain. Just think of what you can buy when your mortgage is all paid off!
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10
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october 5 - 19, 2013 new Condo Guide 065
designer advice
Stylish spaces,
big and small // by yanic simard // Photo by brandon barre
066 new condo guide october 5 - 19, 2013
Pick a focal Point
›› Rooms of any size need a focal point. The human brain wants to be given a place to look, and so the most beautiful schemes always give the eye something to zero in on as a starting point. ›› With wallpaper back in full force, it’s a perfect way to create an accent wall. Try using it just around the fireplace, on one end of a dining room, around a vanity or behind your bed’s headboard (or even framed as the headboard itself). ›› If you don’t want to commit to wallpaper, you can achieve a similar effect with paint. Go all-in on a bold colour for just one wall and let the rest be a neutral or a much lighter shade. ›› In a very tall space, let the ceiling be the focal point for a surprising effect. In a tighter space, dress a wall that’s broken up with an architectural feature (like a window, fireplace or shelving) to make this bold focal statement without feeling overwhelmed. anchor’s the way
like the story of goldilocks and the three bears,
it seems impossible to find a home that’s juuuust right: some are too big, many are too small, and finding that perfect balance between comfortable and cosy can leave you wanting to just lie down. However, if you combine some cleverness with some realistic solutions, and maybe trading in or selling a few items, any sized space can feel like home. Whether you need to expand or slim down, follow my tips to fit in everything you need – and plenty of style too.
›› One key way to anchor a living or dining space is with an area rug. It’s a perfect opportunity to inject some colour into a neutral palette, or add a peaceful oasis where the look is busier. Even kitchens have been getting textural touches lately, with long runners (rectangular strips) giving the chef a little underfoot padding and a less utilitarian look. ›› Your rug should be big enough to tuck under the legs of your seating, not float between them like an island or bump into the walls. As a budgeting guideline, consider the cost of your best sofa - an investment rug deserves about the same. In a very small space, use one large rug that lets everything connect seamlessly. For a large room use multiple rugs, or use one in just a central area, defining smaller zones. ›› An organically shaped cowhide is great for awkwardly shaped rooms with virtually any scheme. ›› For pattern and colour, try a timeless Persian carpet. The look is classic and trendy, and pairs well with both modern and traditional furnishings. Look to Ikea for accessible options if you aren’t prepared to spring for an antique. ›› To add demure luxury in a more neutral tone, try a low-pile shag in champagne, ice blue, pale pink or “greige” (grey-beige). october october 5 - 519,- 2013 19, 2013 new new condo condo guide guide 067067
Plumb Perfect
›› Although it may seem counter-intuitive, large tiles can help make any bathroom appear bigger, and who ever has a bathroom that’s too big? Cladding the floor or walls with a stone showing little colour variation such as clean porcelain, pale slate, or softly veined marble (grouted minimally) will create the illusion of an unbroken plane, maximizing visual length. ›› Powder rooms are the perfect place to experiment and embrace styles you might otherwise find too wild. Nobody has to “live” in the space so you can opt for high drama. The relatively small vanity space is a great opportunity to splurge on marble, and you can likewise tile the entire wall surface in an evocative pattern. Hang a high-impact pendant or chandelier in the centre to make guests say “wow” every time. the rest but not least
mix it to max it
›› Even if you have strictly modern or traditional taste, a room of any size needs a little bit of mixing to achieve the best recipe. Combining multiple textures is very important to give a small space visual variety (especially since you can then keep the colour consistent and airy), and just as important to keep a large space from feeling monotonous. Try to include at least five of these in every space: wood, glass, metal, leather, fabric, plastic and paint (not just your walls, but also art). ›› Mixing high end and low end gets better results than spreading out your budget evenly across the board. Invest in a few pieces you really love, and then support them with budget-friendly finds. I do this often even in the most high-end designs. For small accents like pillows, you really can find amazing pieces at discount outlets. Just keep some money aside for that last must-have piece you absolutely need to finish off your scheme and give yourself permission to splurge. ›› I believe any space should have at least one midcentury modern piece. The classic BRNO cantilevered chair mixes sleek metal curves with natural leather to create timeless style statements that always read as sophisticated. I recently used a set in an uncommon warm mauve-toned grey for a client’s dining room with traditional trimmings, and the combination blends exquisitely. 068 new condo guide october 5 - 19, 2013
›› In any sized space, you don’t want the bedroom décor too loud when you’re trying to get some quiet rest. Use tone-on-tone patterns, mirrored surfaces and cool hues to add visual interest in the day time that will fade away under moonlight. ›› Whenever possible I like to incorporate a seating area into the bedroom. Adding a chair next to the bed gives you a place to read the paper or tie your shoe, but also a place to drop a book or glass as you drift off. In a tight space, go for a lightweight metal or plastic chair. Transparent “ghost” chairs are perfect for maintaining visual openness. In a larger space you can opt for a more plush upholstered piece, and add a serving tray when you want a flat surface. Then, add a floor lamp (or sconce) for a reading light. It’s a quirky look full of personality, and function too.
yanic simard is the principal designer of the Toronto Interior DesignGroup, a regular design guest expert on Cityline and columnist for The Toronto Star newspaper. Follow him on Twitter @yanicsimard or on facebook.com/ yanic.simard. Read his blogs on tidg.ca and every Thursday on the Thermador Facebook page’s blog (facebook.com/ThermadorCanada). Yanic is design editor of New Condo Guide and writes for many other Canadian and international publications. Send questions or comments to info@tidg.ca
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069
in The news
The sTarT of a “Love” affair Gemterra Developments opens the doors to its new sales centre at Love Condominiums and Townhomes GemTerra DeveLopmenTs
recently celebrated the opening of Love Condominiums and Townhomes’ new sales centre and designer model suite with two unique events, showcasing Scarborough’s established familyoriented community. More than 100 real estate professionals came out to hear market expert Jeanhy Shim discuss Scarborough’s position as one of the fastest-growing communities in the GTA. President of Housing Lab Toronto, Shim noted Scarborough’s established family infrastructure – local schools, senior and community centres – as a coveted destination for the new urban demographic. In Scarborough the rental market grew nearly 10 per cent in the past year, according to Urbanation. With affordable real estate and relatively high cost of rent, Shim refers to Scarborough as a smart investment. Located in the Agincourt community, the highest demand neighbourhood in Scarborough, Love Condominiums and Townhomes is at the heart of it all, minutes from the recently announced subway line. 070 new ConDo GuiDe october 5 - 19, 2013
“Gemterra is at the forefront of a real estate boom in Scarborough, as buyers realize the incredible value this location has to offer,” says Linda Mitchell Young, vice-president of sales and marketing at Baker Real Estate. At a follow up event, prospective purchasers were invited to join the developers in a tour of the Love construction site. Instead of flipping through floor plans, over 50 potential purchasers were excited to see the impressive construction progress of the future Love community; the rising walls of the condo and townhomes, including views of the pool being installed, and the underground parking. Love Condominiums and Townhomes introduces a new concept lifestyle; a private courtyard retreat framed by two towers and a collection of singlefamily townhomes, with suites and amenities that cater to multiple generations and families. Love overlooks the Tam O’Shanter Golf Course, and is down the street from the Pacific Mall and the Chinese Cultural Centre of Greater Toronto – the largest of its kind in North America. According to the Fraser Institute’s annual ranking of elementary schools, five out of the top 20 schools in terms of academic performance are located in the area. “Scarborough is a hidden gem. Young professionals and families alike are starting to realize everything it has to offer as a vibrant community. Love’s high design and central location is Gemterra’s investment in Scarborough,” says Yan Wang, vice-president of Gemterra Development Corp. Now open, visit Love’s new sales centre and designer-decorated model suite at 3573 Sheppard Ave. E. Reflective of Gemterra Development’s commitment to family and healthy living, the model suite showcases a flexible living space for various lifestyles. Located on Bonis Ave., just north of Kennedy Road and Sheppard Avenue East, Love offers one-bedroom to two-bedroom-plus-den suites ranging from 487 to 860 sq. ft., priced from the low $230,000s. Three-bedroom-plus-den Love townhomes range from 1,374 to 1,729 sq. ft. and start in the $470,000s. To register visit lovecondominiums.com.
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Stunning Lobby with 24/7 concierge • Party Room and Bar • Fitness Centre • Swimming Pool and Whirlpool • Rooftop Garden Terrace • Landscaped Courtyard Lounge with BBQs
NOW UNDER CONSTRUCTION 416.491.5683 • lovecondominiums.com NEW SALES CENTRE: 3573 Sheppard Ave East Southwest corner of Birchmount and Sheppard HOURS: Monday to Thursday, 12pm - 6pm, Friday, Closed, Saturday, Sunday & Holidays, 12pm - 5pm facebook.com/gemterradevelopments twitter.com/gemterra Exclusive Listing: Baker Real Estate Incorporated, Brokerage. Brokers Protected. *See sales representative for complete details. Certain restrictions apply. For a limited time only. Prices, terms & specifications are subject to change without notice. Illustrations are artist’s concept only. E. & O.E September 2013
october 5 - 19, 2013 new Condo Guide 071
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october 5 - 19, 2013 new Condo Guide 073
IN THE NEWS
Emporis Skyscraper Award:
THE YEAR’S BEST NEW SKYSCRAPER CALLS MISSISSAUGA “HOME” THE WORLD’S MOST RENOWNED ARCHITECTURE PRIZE for skyscrapers, the
Emporis Skyscraper Award, goes this year to the Absolute World Towers in Mississauga, Canada. The two towers were selected by an international jury of experts from over 300 skyscrapers at least 100 meters tall completed last year. The award, given by Emporis (emporis.com), the international provider of building data, is being presented for the 13 time this year. Absolute World Towers, which form part of a five-building complex and were designed by the architectural practices MAD and Burka Architects, won over the jury primarily through their unmistakable design. “The way the two structures twist organically by up to eight degrees per floor is not just a superb technical achievement, but also a refreshing change to the set forms of highrise routine,” stated the panel of experts in explaining the choice of the pair of towers, 176 and 158 meters tall, as the winner. The second-placed project is Al Bahr Towers in Abu Dhabi, designed by Aedas Architects. Due to its innovative façade, the skyscraper complex scored high in terms of both climate and design criteria. The outer skin of the facades is rotated by computer in response to the sun’s position, leading to a substantial reduction in thermal energy inside the buildings. In designing the towers, the architects drew inspiration from Arab mashrabiya windows – sun and privacy screens found in traditional Islamic architecture. The expert jury voted Burj Qatar, a 238 meter tall skyscraper in Doha, into third place. Designed by Ateliers Jean Nouvel, it is the building’s exceptional facade design that stands out. The metal mesh façade’s design – as with
Al Bahr Towers – draws on traditional mashrabiya windows and is intended to contribute to protection from the sun, reveals a complex pattern at close quarters. The imposing effect of the ornamental façade reaches its full expression under the dome that tops the cylinder-shaped skyscraper. Absolute World Towers winning the Emporis Skyscraper Award means this now the second time the prize has gone to Canada. In 2001, Vancouver’s One Wall Centre claimed the coveted top spot. Surprisingly, the U.S.A. – the cradle of highrise architecture – does not feature this year. Instead, major international cities such as Moscow, Istanbul or Guangzhou stake their claim to their own chapter in the history of outstanding skyscraper architecture with an impressive array of unique buildings.
EMPORIS SKYSCRAPER AWARD 2012 #
Building Name
City, Country
Height
Floors
Architect(s)
1
Absolute World Towers
Mississauga, Canada
158 – 176 m
50 – 56
MAD Burka Architects
2
Al Bahr Towers
Abu Dhabi, UAE
145 m
29
Aedas Architects; Diar Consult
3
Burj Qatar
Doha, Qatar
238 m
46
Ateliers Jean Nouvel
4
The Bow
Calgary, Canada
236 m
58
Foster + Partners; Zeidler Partnership Architects
5
House on Mosfilmovskaya 1
Moscow, Russia
213 m
53
Sergey Skuratov Architects
6
Pearl River Tower
Guangzhou, China
310 m
71
SOM; Guangzhou Design Institute
7
Varyap Meridian
Istanbul, Turkey
100 – 188 m
24 – 52
RMJM; Dome Architects
8
UniCredit Tower
Milan, Italy
218 m
33
Pelli Clarke Pelli Architects; Adamson Associates Architects; Tekne S.p.A.
9
Renaissance Barcelona Fira Hotel
L’Hospitalet de Llobregat, Spain
105 m
26
Ateliers Jean Nouvel; Ribas & Ribas Asociados
10
Dumankaya IKON
Istanbul, Turkey 41
149 m
41
TAGO Architects Source: www.emporis.com
074 NEW CONDO GUIDE OCTOBER 5 - 19, 2013
075
around The house
5 easy ideas to organize
and maximize a small baThroom ›› Take back the tub. From shampoo and shower gel to
The baThroom serves a varieTy of
uses, from a functional space to a serene sanctuary, from a storage facility to a grooming salon. And, whether you enjoy it alone or share with the family, every bathroom is in need of one major thing – organization. To keep it feeling more serene and less insane, here are five easy ideas to help improve your organization, maximize space, and even add a bit of style: 076 new Condo Guide october 5 - 19, 2013
rubber duckies and toy boats, the bathtub often needs to store a variety of items. While shower caddies or shelves are an ideal solution, you can also make your own. Reuse your straight shower rod, but install it across the back wall of the tub. Next, use shower rod hooks to hang a variety of plastic baskets to create instant storage for each member of the family. ›› maximize with dual function. Dual-function products are perfect for smaller baths, since they offer added benefits without taking up more space. Update your current toilet paper holder, towel bars and in-shower shelves with newer versions that integrate a grab bar. Moen, for example, offers stylish grab bar designs featuring a paper holder, a towel bar and two shelves – all in a variety of finishes to help you update these bathroom basics while adding storage, safety and style. ›› shelves for storage. Don’t limit the vertical surfaces of your bathroom for mirrors and décor, especially if you don’t have a closet. Try installing wall shelves. There are a variety of options from smaller, decorative shelves that can hold perfume and toiletries, to larger hotel-style shelves that provide the perfect spot for towels. ›› hidden helpers. While space underneath the vanity offers room for storage, this hidden area is a glutton for disorganization. Remove everything and toss any items you don’t need. Next, use baskets or bins to create a place for everything. Don’t forget that the back of the doors can also be an added location to install a hook or shelf. ›› hotel inspiration. Take note when you’re in a hotel at the many amenities offered and incorporate them into your bathroom for added functionality and organization. Did you love using the wall-mounted mirror? Enjoy the convenience of storing the hair dryer on the wall? Moen has a variety of bath accessories like the Arris wall-mount magnifying mirror that allows you to obtain hotel luxury at home. With a few simple projects, your bathroom can achieve maximum use of space, style and organization. More information is available online at moen.ca. NC
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BLUE JAY WAY
SPADINA AVE
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SPECIALLY PRICED TOWER SUITES now AVAILABLE FROM $261,900* WELLINGTON ST W
Register KingBluecondos.com 416.599.1355 FRONT ST W
ADELAIDE ST W KING ST W UNIVERSITY ST
BLUE JAY WAY
FRONT ST W
JOHN ST
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KING BLUE PRESENTATION CENTRE 355 KING STREET WEST MON - THURS: 12PM – 6PM SAT & SUN: 12PM – 5PM Exclusive Listing: Baker Real Estate Incorporated Brokerage. Brokers Protected. *Prices and specifications are subject to CHANGE WITHOUT NOTICE )LLUSTRATION IS ARTIST CONCEPT % / %
Industry InsIder
// By davId HIrsH
InterIor desIgn
David Hirsh is president and CEO of Brandy Lane Corp. Known for his creative and innovative approach to residential design, David prides himself on his hands-on approach to all stages of the development and building process, and he believes that everyone is his client. The company’s newest community is Wyldewood Cove in Collingwood. Visit brandylanehomes.com.
T
he features and finishes in your home should reflect your personal style and taste. It’s up to us, as builders, to really understand who we’re building for to ensure that we provide you with a selection of standard and optional design features that offer what you want in your home. For instance, a high-end million-dollar penthouse suite in downtown Toronto would probably have very different finish choices than a two-storey suburban family home.
078 new Condo guIde october 5 - 19, 2013
Living the ultimate lifestyle
The new-home buying experience doesn’t end at the initial purchase of your home. It continues as you make your décor choices. Colour Selection, as this process is called, will often take place at a dedicated décor centre. This is your opportunity to customize your home as far as the look and feel of design finishes go. A builder should provide you with a design expert who will help you make the right selections to create a cohesive look. Regardless of whether you’re buying that penthouse or that twostorey home, standard finishes should be good quality. While different locations, prices and home types will command a different range of design details, standard finishes should offer fair value. Upgraded features and finishes are available, if you wish to look at options outside of the standard choices. When considering the extra cost of upgrades in your budget, it’s best to consider how they will add to the value of your property (always think resale). You should also consider that purchasing upgrades at the pre-construction phase will save you hassles and potentially money in the future, as when the work is done by your builder, as opposed to “Do It Yourself” later, you have a new home warranty on materials and workmanship. The design of your home’s interior is not limited to the finish of your flooring, the colour of your cabinets or the make of your fridge. Creating truly liveable layouts has more to do with us having a clear vision of how you want live, and efficiently using every inch of square footage to maximize the space you have to live in. When considering the layout of a home, Brandy Lane always puts functionality at the top of the list. We determine how spaces will best flow, (i.e. the movement of people within specific rooms and from one area to another). By properly understanding how you will use your home, we can allocate adequate square footage for both flow and overall required room size. We also factor in which areas are considered public, and which private.
The design of your home’s interior is not limited to the finish of your flooring, the colour of your cabinets or the make of your fridge We also need to imagine what typical furniture placement in a given room might look like. This is connected to the overall functionality of any space. If you can’t fit a bed in your bedroom or a couch in your living room, we haven’t done our job properly. After all, you need a home that is liveable and functional. And above that, you want to live the ultimate lifestyle that’s just right for you.
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080 new Condo Guide october 5 - 19, 2013
october 5 - 19, 2013 new Condo Guide 081
DESIGNER TIPS
// BY LISA CANNING
Photo by Arnal Photography
Getting the most
OUT OF YOUR SMALL SPACE
L
iving in a small space comes with practical challenges – a lack of storage being the main complaint from my clients. This lack of storage often means that everything is on display – and has to count. When I am shopping for my small space dwellers (and by the way, I am one too), I keep a few principles in mind to set them up for success.
01 Q U A L I TY
Lisa Canning is a designer and owner of Lisa Canning Interiors. lisacanning.ca, 416.587.9780
Dyson Air Multiplier is practical and beautiful, and takes up little floor space
OVE R QUA N TI TY
In a small space, you don’t have the luxury to amass a great deal of stuff. Thus, I am pretty picky regarding what comes in and what exits a home. When selecting pieces I always ask, “Will this improve my client’s quality of life? Will they be more organized because of it? Will it enhance their enjoyment of the space?” And once pieces come in, I try my best to ensure other unused items go out. My favourite places to find quality accessories include 1212 and Jamie Alexander.
If you need to purchase a product for purely a utilitarian usage, make sure it looks good. The Dyson Air Multiplier is not only a powerful fan, but its slim and sleek design doesn’t take up visual weight – a huge plus when square footage is at a premium. 02 B E
OR G ANIZ E D
Professional organizers have taught me that a small space can be maximized with the right organizational tools. In a recent client’s project, we outfitted kitchen shelves with clear, stackable storage bins, which increased the usable space by 40 per cent. To do this, group like items together and then assess the size of bin that you need. Retailers like Solutions and Neat offer diverse products to help increase shelf storage space. 03
F U NC TI ON CA N A LS O LO O K G O O D
If you need to purchase a product for purely a utilitarian usage, make sure it looks good. The Dyson Air Multiplier is not only a powerful fan, but its slim and sleek design doesn’t take up visual weight – a huge plus when square footage is at a premium. 082 082NEW NEWCONDO CONDOGUIDE GUIDE OCTOBER OCTOBER 55 - 19, - 19, 2013 2013
Go large with art in a small space IMAGE BY TANJA TIZINA-BURDI
In small spaces, I prefer to use large-scale art pieces as opposed to collections of multiple frames.
LISA’S FAVOURITE SMALL SPACE SHOPS FOR BEAUTIFUL ACCESSORIES
›› 1212 Décor
1212decor.com
I’m also a big fan of Scandinavian- and Japanese-designed dishware. Mjölk is a great resource for kitchen accessories that look beautiful as they serve their function. 04
MEA S U R E YO U R V I S U AL W EI G H T
Overlooking the visual weight of a piece is a large reason I get called in for design consultations. In a small space, a large sofa and a large chair will look cluttered and feel cumbersome. The same principle applies to using several dark, bulky, wooden pieces in close proximity. To lighten a space, pair a large sofa with two smaller chairs and swap out the wooden coffee table for one with a glass surface. Glass or acrylic pieces can be found in many of my small-space projects as they balance out some of the larger pieces in a room. For these more delicate pieces, I love retailers like CB2 and Urban Barn. 05
FOR ORGANIZATIONAL ELEMENTS
›› ››
Solutions solutions-stores.ca Neat neatspace.ca
WELL DESIGNED FUNCTION
››
Dyson dysoncanada.ca
›› Mjölk
mjolk.ca
GO LA R G E WIT H A RT I N A S M A L L S PA C E
In small spaces, I prefer to use large-scale art pieces as opposed to collections of multiple frames. I love the impact that is created by one piece as it can ground the colour scheme of a room and provide a stunning focal point. OCTOBER OCTOBER 55 - 19, - 19, 2013 2013 NEW NEWCONDO CONDOGUIDE GUIDE 083 083
condo watch
new releases & grand openings 36 Hazelton by Alterra
Construction has started at this luxury boutique condo in the Yorkville neighbourhood. Web: 36Hazelton.com
101 Erskine by Tridel
A quiet sensibility in the midst of Yonge and Eglinton. Grand opening. Web: Tridel.com/101erskine
E Condos by RioCan/Bazis/Metropia
416
Builders: If you would like to include your preview registration, new release or site opening in this feature, just email the details to Lydia.Mcnutt@wall2wallmedia.com
Condominium residences at the northeast corner of Yonge and Eglinton. Grand opening. Web: ECondos.ca
Yorkville Plaza by Camrost Felcorp
Grand opening at this iconic address. Offering the best things in life right outside your door. Web: YorkvillePlaza.com
Fuse 2 by Neudorfer Corp.
Now releasing Phase 2 of this master-planned community in Davenport Village. Web: FuseCondos.com
Lago by Monarch
Now under construction, at one of Etobicoke’s final urban waterfront settings. Web: MonarchGroup.net
Fabrik by Menkes
Now open, a fashionable new condo, steps from Toronto’s trendy Fashion District. Web: Menkes.com
Life Condominiums by Chestnut Hill Homes
A stylish, 13-storey midrise at Yonge and Merton with 149 spacious suites. Now open. Web: LifeCondos.ca
The Madison by Madison Homes
Grand opening of top floors at Yonge and Eglinton. Web: MadisonCondos.ca
One Bloor by Great Gulf
New suite release at this coveted Yonge and Bloor condo, now under construction. Web: OneBloor.com
Picasso by Monarch Corp./The Goldman Group
Now open, an iconic building in the heart of the evolving Entertainment District. Web: MonarchGroup.net
Post House by Alterra
Construction underway at this boutique condo in the St. Lawrence Market neighbourhood. Web: PostHouseCondos.com
X2 Condos by Lifetime/Great Gulf
Sophisticated condominium now under construction at Jarvis and Charles. Web: X2Condos.com
Rise by Reserve Properties
Construction starting soon. Downtown living at a mid-town price. Grand opening and new release. Web: RiseCondos.com
River City 2 by Urban Capital
New release of penthouses with rooftop terraces and townhomes up to 1,877 sq. ft. Web: RiverCityToronto.com
Vivid by Pemberton Group
The grand finale of a master-planned community at Islington and Bloor. Web: VividCondos.com
Monde by Great Gulf
New release of boardwalk suites along Toronto’s waterfront. Web: MondeCondominiums.com
Exhibit by Bazis/Metropia/Plaza
Limited-edition penthouse collection at Bloor and Avenue Rd. Web: Bazis.ca
contInued on page 92… 084 new condo guIde october 5 - 19, 2013
GTA Edition October 5 - 19, 2013
Your complete source for condos, lofts and townhomes in Toronto
IN THIS SECTION Maps and listings for new condo communities in the 416 region Builder news and the latest in condos in the 416
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* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
Builder GAIRLOCH INvESTMENTS CRESFORD DEvELOPMENT CORP. THE DANIELS CORPORATION EMPIRE COMMuNITIES TRIDEL CORPORATION ROCKPORT GROuP KINGSTONE ROAD DEvELOPMENT EASTON’S GROuP TRIBuTE COMMuNITIES TRIDEL CORPORATION BAzIS INC. THE DANIELS CORPORATION EMPIRE COMMuNITIES CRESFORD DEvELOPMENT CORP. GREAT GuLF HOMES CANALFA GROuP EMSATEC CANADA INC BAzIS INC. PINNACLE INTERNATIONAL CONCERT PROPERTIES TRIBuTE COMMuNITIES EDEN SHAW 45 CHARLES LTD. CAMROST - FELCORP PIANOSI DEvELOPMENTS CAMROST - FELCORP THE DANIELS CORPORATION MINTOuRBAN COMMuNITIES INC. BAzIS INC. DuNDEE KILMER DEvELOPMENTS PEMBERTON GROuP MALIBu INvESTMENTS INC. MENKES DEvELOPMENTS INC. GOLDMAN GROuP & LASH DEv. CORP. GOLDMAN GROuP & LASH DEv. CORP. GREAT GuLF HOMES CONCORD ADEx CONCORD ADEx CONCORD ADEx CONCORD ADEx TRIDEL CORPORATION ONNI GROuP OF COMPANIES ONNI GROuP OF COMPANIES CRESFORD DEvELOPMENT CORP. CRESFORD DEvELOPMENT CORP. CRESFORD DEvELOPMENT CORP. ASPEN RIDGE HOMES MENKES DEvELOPMENTS INC. MENKES DEvELOPMENTS INC. NORTH DRIvE INvESTMENT STREETCAR DEvELOPMENT CANALFA GROuP FREED uRBAN CAPITAL uRBAN CAPITAL MENKES DEvELOPMENTS INC. TOWER HILL DEvELOPMENT CORPORATION EASTON’S GROuP REMINGTON GROuP REMINGTON GROuP MONARCH CORPORATION TRIDEL CORPORATION GREENPARK HOMES PINNACLE INTERNATIONAL PINNACLE INTERNATIONAL TOWER HILL DEvELOPMENT CORPORATION MADISON HOMES
*TH: Townhomes, C: Condo
Site Telephone TH* 383 Sorauren 416-588-0383 Merton Yonge Condominiums 416-484-1900 High Park Condominiums 416-351-1844 The HUB 416-408-1200 101 Erskine 416-480-0700 The Nest 416-223-0003 • The Glen 416-694-3333 Westinghouse Lofts 416-599-1355 The College 416-363-4800 Spadina Queen 416-661-1949 One Yorkville 1yorkville.ca One Park Place South 416-955-0559 Water Tower at Eau Du Soleil 416-503-3328 CASA III 416-486-2272 Monde 416-466-8885 Liberty Central by the Lake 416-537-0047 • The Brownstones 5 416-531-7760 • Exhibit 416-967-7778 The Pinnacle on Adelaide 416-596-1600 88 Scott 416-216-8588 RCM I on University 647-351-9247 Chaz Yorkville Condos 416-922-0045 Chaz Yorkville Condos 416-922-0045 Imperial Plaza 416-925-2501 Perspective Condos 416-242-3500 Yorkville Plaza 416-966-3003 • Cinema Tower Condominiums 416-203-2020 30 Roe 416-915-3812 E Condos 416-243-8688 Canary District Condominiums 416-603-7576 TEN93 Queen West 905-326-4100 Smart House smarthousetoronto.com Harbour Plaza menkes.com 530 St. Clair Ave. West 416-868-0500 the rushton rushtonliving.com Yonge+Richmond 416-499-8883 Grand Parade 2 at Concord CityPlace 416-813-2999 ParadeTWO Park Collection at Concord CityPlace416-813-2999 Quartz 416-813-2999 • Spectra 2 416-813-2999 • Aqualina at Bayside Toronto 416-514-2710 Garrison at the Yards 416-260-2600 West Lake 416-260-2600 NxT 2 416-977-5300 • NxT2/Phase Two 416-977-5300 • NxT 416-977-5300 • vu 416-970-9500 • Pears on the Avenue 416-323-0100 365 Church 416-591-7700 The High Park 416-670-3699 Trinity Lofts 416-690-2988 Liberty Place 416-537-0047 • 155 REDPATH 647-291-0041 River City 416-862-0505 • River City 2 416-862-0505 • Fabrik 416-591-7700 2221 Yonge 647-350-2221 King Blue Condominiums 416-599-1355 King Blue Condominiums 416-599-1355 Westinghouse Lofts 416-599-1355 Picasso on Richmond 416-495-3549 Ten York 416-596-9888 Axiom Condominiums 647-352-4077 Success Tower at Pinnacle Centre 416-360-0673 33 Bay Residences at Pinnacle Centre 416-925-3325 Churchill Park Condominiums 416-966-9080 The Madison 416-482-8090
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
C* • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • •
Price Range from $300,000 from $450,000 from $300,000 from $250,000 from $285,000 from $250,000 from $255,000 from $262,000 from $320,000 from from from from
$200,000 $320,000 $250,000 $304,000
from $350,000 from $334,000 from $393,000 from $320,000 from $320,000 from $350,000 from $280,000 from $350,000 from $450,000 from $324,000 from $300,000 from $250,000 from $250,000 from $344,000 $344,000 from $273,000 from $308,000 from $190,000 from $240,000 from $300,000 from $210,000 from $300,000 from $370,000 from $382,000 from $250,000 from $300,000 from $330,000 from $170,000 from $250,000 from $250,000 from $250,000 from $250,000 from $200,000 from $250,000 from $250,000 from $262,000 from $300,000 from $1020,000 from $225,000 from $750,000 from $375,000 from $900,000 from $420,000
Page 107 136 Insert 6 BC 56-57 111 77 59 IFC 5 15 7 135 29 63 103 23 93 61 59 45 45 3 99 1 37 53 19 55 8 43 Insert
Finder 9L 14E 8L 9F 14D 11H 23H 12N M14 15D 15I 18K 25B 15L 17M 12N 9I 14I 15M 17M 14M 16J 16J 15I 4H 14H 14M 14D 14E 18L 12F 15L 12H 12H 16K 15M 15M 15M 15N 16E 14N 14N 8N 8N 8N 16L 14I 14I 8L 19L 12N 14D 18L 18L 14M 14E 12N 12N 12N 14M 12F 17L 17M 17M 13H 14E
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554
*TH:*TH: Townhomes, Townhomes, C: Condo C: Condo
SiteSite
Telephone
Lofts Lofts 399399 416-867-3999 416-867-3999 Infinity Infinity TheThe Final Final Phase Phase 416-214-1988 416-214-1988 Milan Milan 416-928-7409 416-928-7409 CASA CASA 2 2 416-977-1100 416-977-1100 TheThe 500500 Condos Condos + Lofts + Lofts 416-960-0606 416-960-0606 KingKing West West 416-367-5464 416-367-5464 775775 KingKing West West 416-367-5464 416-367-5464 3018 3018 Yonge Yonge In Lawrence In Lawrence ParkPark 416-787-8882 416-787-8882 B Streets B Streets 416-532-6636 416-532-6636 TheThe uptown uptown Residences Residences 416-987-3500 416-987-3500 TheThe Brant Brant ParkPark 416-703-7271 416-703-7271 Foundry Foundry Lofts Lofts 416-531-7760 416-531-7760 Brownstones Brownstones 416-531-7760 416-531-7760 TheThe upper upper Canada Canada Condominium Condominium 416-489-5194 416-489-5194 TheThe upper upper Canada Canada Condominiums Condominiums 416-489-5194 416-489-5194 Schoolhouse Schoolhouse 416-979-1333 416-979-1333 Flatiron Flatiron Lofts Lofts 416-368-5262 416-368-5262 300300 Front Front Street Street West West 416-217-0300 416-217-0300 OneOne Eleven Eleven Condominiums Condominiums & Lofts & Lofts 647-347-4111 647-347-4111 OneOne Eleven Eleven Condominiums Condominiums & Lofts & Lofts 647-347-4111 647-347-4111 PierPier 27 Waterlink 27 Waterlink 416-367-3456 416-367-3456 Condos Condos at The at The Distillery Distillery 416-361-1322 416-361-1322 OneOne Bloor Bloor Residences Residences 416-922-0081 416-922-0081 TheThe KingKing EastEast 416-368-5262 416-368-5262 EastEast Condos Condos & Lofts & Lofts 416-368-5262 416-368-5262 KingKing West West 647-341-1731 647-341-1731 FourFour Seasons Seasons Private Private Residences Residences Toronto Toronto 416-775-7500 416-775-7500 FourFour Seasons Seasons Private Private Residences Residences Toronto Toronto 416-775-7500 416-775-7500 Seventy Seventy Seven Seven Charles Charles Yorkville Yorkville 416-203-7034 416-203-7034 Market Market Wharf Wharf 416-861-8181 416-861-8181 Library Library District District Condominiums Condominiums 416-861-8181 416-861-8181 Brownstones Brownstones in Davenport in Davenport village village 416-531-7760 416-531-7760 Brownstones Brownstones on on the the ParkPark 416-531-7760 416-531-7760 Charlie Charlie 416-927-9772 416-927-9772 Ivory Ivory On On Adelaide Adelaide 647-341-1731 647-341-1731 Exhibit Exhibit 416-967-7778 416-967-7778 Exhibit Exhibit 416-967-7778 416-967-7778 u Condominiums u Condominiums 416-546-6605 416-546-6605 OneOne ParkPark West West 416-955-0559 416-955-0559 OneOne ParkPark Place Place Condominiums Condominiums 416-955-0559 416-955-0559 Festival Festival Tower Tower 416-203-2020 416-203-2020 x2 x2 416-927-0080 416-927-0080 x2 x2 416-927-0080 416-927-0080 Bisha Bisha Hotel Hotel & Residences & Residences 416-637-2211 416-637-2211 Art Art Condos Condos 416-535-7775 416-535-7775 Riverhouse Riverhouse at the at the OldOld MillMill 416-766-7343 416-766-7343 TwoTwo OldOld MillMill 416-645-7022 416-645-7022 OldOld MillMill 416-645-7022 416-645-7022 Queen Queen & Portland & Portland 416-363-4800 416-363-4800 5 St.5 Joseph St. Joseph 416-928-0555 416-928-0555 5 St.5 Joseph St. Joseph 416-928-0555 416-928-0555 DNA DNA 3 3 416-929-1030 416-929-1030 PostPost House House Condominium Condominium 416-964-2777 416-964-2777 12 Degrees 12 Degrees 416-408-1200 416-408-1200 TheThe Berwick Berwick 416-922-9425 416-922-9425 TheThe Mercer Mercer 416-597-6940 416-597-6940 Studio Studio on on Richmond Richmond 647-352-7736 647-352-7736 Backstage Backstage on on the the Esplanade Esplanade 416-777-2533 416-777-2533 Backstage Backstage on on the the Esplanade Esplanade 416-777-2533 416-777-2533 vero vero 416-798-7070 416-798-7070 Tableau Tableau Condominiums Condominiums 416-591-8887 416-591-8887 Tableau Tableau Condominiums Condominiums 416-591-8887 416-591-8887 Tableau Tableau Condominiums Condominiums 416-591-8887 416-591-8887 Carmelina Carmelina 416-423-8500 416-423-8500 TheThe Yorkville Yorkville Condominiums Condominiums 416-987-3344 416-987-3344 TheThe Bond Bond Condominiums Condominiums 416-546-7525 416-546-7525 L Tower L Tower 416-777-2533 416-777-2533 thirtytwo thirtytwo Camden Camden 416-860-0060 416-860-0060 8 Gladstone 8 Gladstone 416-690-9009 416-690-9009 133133 Hazelton Hazelton Residence Residence 416-926-9900 416-926-9900 210210 Simcoe Simcoe 416-217-0210 416-217-0210 FiveFive Condos Condos 416-928-0555 416-928-0555 FiveFive Condos Condos 416-928-0555 416-928-0555 RiseRise 416-546-7399 416-546-7399 Model Model Suite Suite of the of the Month Month Neon Neon 416-987-7878 416-987-7878 TheThe Carlaw Carlaw 416-690-8588 416-690-8588 Allure Allure Condominiums Condominiums 416-487-7600 416-487-7600 1000 1000 BayBay 416-485-3000 416-485-3000 FADFAD Condos Condos 416-815-1818 416-815-1818 South South Hill Hill on on Madison Madison southhillonmadison.com southhillonmadison.com INDx INDx 416-987-4639 416-987-4639 INDx INDx 416-987-4639 416-987-4639 TheThe Carnaby Carnaby 416-690-9009 416-690-9009 NoirNoir 416-977-8780 416-977-8780 SIxTY SIxTY Colborne Colborne 416-601-0060 416-601-0060 SIxTY SIxTY Colborne Colborne 416-598-7775 416-598-7775 E Condos E Condos 416-243-8688 416-243-8688 E Condos E Condos 416-243-8688 416-243-8688 TheThe Massey Massey Tower Tower 416-966-0197 416-966-0197 109Oz 109Oz 416-531-4844 416-531-4844 TheThe Sterling Sterling 416-777-2533 416-777-2533 Wallace Wallace Walk Walk 416-531-1818 416-531-1818 Smart Smart House House smarthousetoronto.com smarthousetoronto.com Duke Duke Condos Condos junctionlife.ca junctionlife.ca TheThe Perry Perry 416-926-7555 416-926-7555
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
TH* C* • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • •• • •• • • • • •
• • • • • • • •
Price Range
from from $390,000 $390,000 from from $300,000 $300,000 from from $520,000 $520,000 from from $250,000 $250,000 from from $400,000 $400,000 from from $210,000 $210,000 from from $330,000 $330,000 from from $390,000 $390,000 from from $320,000 $320,000 • from from $950,000 $950,000 • from from $250,000 $250,000 from from $399,000 $399,000 from from $305,000 $305,000 • from from $1800,000 $1800,000 • from from $1.8,000 $1.8,000 from from $595,000 $595,000 from from $243,000 $243,000 • from from $324,000 $324,000 • from from $250,000 $250,000 • from from $250,000 $250,000 • from from $800,000 $800,000 • from from $400,000 $400,000 • from from $535,000 $535,000 • from from $300,000 $300,000 • from from $310,000 $310,000 • from from $346,000 $346,000 • from from $1900,000 $1900,000 • from from $1900,000 $1900,000 • from from $2100,000 $2100,000 • from from $260,000 $260,000 • from from $222,000 $222,000 from from $245,000 $245,000 from from $260,000 $260,000 • from from $251,000 $251,000 • from from $279,000 $279,000 • from from $320,000 $320,000 • from from $320,000 $320,000 • from from $2500,000 $2500,000 • from from $406,000 $406,000 • from from $200,000 $200,000 • from from $350,000 $350,000 • from from $303,000 $303,000 • from from $303,000 $303,000 • from from $274,000 $274,000 • from from $530,000 $530,000 • from from $520,000 $520,000 • from from $356,000 $356,000 • from from $450,000 $450,000 • from from $315,000 $315,000 • from from $250,000 $250,000 • from from $250,000 $250,000 • from from $220,000 $220,000 • from from $350,000 $350,000 • from from $350,000 $350,000 from from $280,000 $280,000 • from from $350,000 $350,000 • from from $300,000 $300,000
• •• • • •• • • •• • • • • •• • • •• • • • • • • • • • • • • •• • • •• • • •• • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • •• • • • • •• • • • • •
from from $250,000 $250,000 from from $450,000 $450,000 from from $350,000 $350,000 from from $350,000 $350,000 from from $325,000 $325,000 from from $550,000 $550,000 from from $300,000 $300,000 from from $410,000 $410,000 from from $240,000 $240,000 from from $335,000 $335,000 from from $200,000 $200,000 from from $375,000 $375,000 from from $375,000 $375,000 from from $290,000 $290,000 from from $470,000 $470,000 from from $200,000 $200,000 from from $350,000 $350,000 from from $250,000 $250,000 from from $200,000 $200,000 from from $250,000 $250,000 from from $250,000 $250,000 from from $300,000 $300,000 from from $300,000 $300,000 from from $200,000 $200,000 from from $200,000 $200,000 from from $320,000 $320,000 from from $300,000 $300,000 from from $230,000 $230,000 from from $210,000 $210,000 from from $250,000 $250,000
Page
Finder
14L 14L 16M16M 15I 15I 15L 15L 17I 17I 14M14M 14M14M 14B 14B 13J 13J 16J 16J 14M14M 9I 9I 9I 9I 14G14G 14G14G 13I 13I 20J 20J 15M15M 13M13M 13M13M 17N 17N 18L 18L 15I 15I 18L 18L 18L 18L 13N13N 15I 15I 15I 15I 14J 14J 17M17M 17M17M 9J 9J 9J 9J 14M14M 17L 17L 14I 14I 14I 14I 15K 15K 18J 18J 18J 18J M14M14 16J 16J 16J 16J 16M16M 12N 12N 5L 5L 5L 5L 5L 5L 15I 15I 16J 16J 16J 16J 12N 12N 16L 16L 15L 15L 14D 14D 15M15M 15M15M 17M17M 17M17M 17M17M 15L 15L 15L 15L 15L 15L 23J 23J 15G15G 15G15G 17L 17L 14L 14L M12M12 14I 14I 15M15M 15J 15J 15J 15J 12H 12H 12H 12H 14D 14D 19K 19K 14F 14F 15J 15J 14M14M 13I 13I 16M16M 16M16M 12M12M 15M15M 16L 16L 16L 16L 14E 14E 14E 14E 16L 16L 12M12M 9L 9L 9L 9L 15L 15L 8K 8K
• • from from $390,000 $390,000
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
# # Builder Builder
37 37CRESFORD CRESFORD DEvELOPMENT DEvELOPMENT CORP. CORP. 41 41CONCORD CONCORD ADEx ADEx 46 46CONSERvATORY CONSERvATORY GROuP GROuP 52 52CRESFORD CRESFORD DEvELOPMENT DEvELOPMENT CORP. CORP. 54 54TIMES TIMES DEvELOPMENTS DEvELOPMENTS INC.INC. 55 55MINTOuRBAN MINTOuRBAN COMMuNITIES COMMuNITIES INC.INC. 55 55MINTOuRBAN MINTOuRBAN COMMuNITIES COMMuNITIES INC.INC. 57 57LANTERRA LANTERRA DEvELOPMENTS DEvELOPMENTS 59 59LINDvEST LINDvEST 62 62PEMBERTON PEMBERTON GROuP GROuP 64 64LAMB LAMB DEvELOPMENT DEvELOPMENT CORP. CORP. 66 66E-PARK E-PARK DEvELOPMENT DEvELOPMENT 66 66NEuDORFER NEuDORFER CORPORATION CORPORATION 70 70MADISON MADISON HOMES HOMES 70 70STATE STATE BuILDING BuILDING GROuP GROuP 78 78EMPIRE EMPIRE COMMuNITIES COMMuNITIES 81 81LAMB LAMB DEvELOPMENT DEvELOPMENT CORP. CORP. 83 83TRIDEL TRIDEL CORPORATION CORPORATION 85 85HARHAY HARHAY DEvELOPMENTS DEvELOPMENTS 85 85CARTTERA CARTTERA 88 88FERNBROOK FERNBROOK HOMES/CITYzEN HOMES/CITYzEN DEv.DEv. 94 94DHD DHD DEvELOPMENTS DEvELOPMENTS 99 99GREAT GREAT GuLF GuLF HOMES HOMES 101101 LAMB LAMB DEvELOPMENT DEvELOPMENT CORP. CORP. 101101 HARHAY HARHAY DEvELOPMENTS DEvELOPMENTS 102102 PLAzA PLAzA 103103 MENKES MENKES DEvELOPMENTS DEvELOPMENTS INC.INC. 103103 LIFETIME LIFETIME DEvELOPMENTS DEvELOPMENTS 104104 ASPEN ASPEN RIDGE RIDGE HOMES HOMES 106106 CONTExT CONTExT DEvELOPMENT DEvELOPMENT INC.INC. 106106 CONTExT CONTExT DEvELOPMENT DEvELOPMENT INC.INC. 109109 THETHE BROWNSTONE BROWNSTONE GROuP GROuP OF OF COMPANIES COMPANIES 109109 THETHE BROWNSTONE BROWNSTONE GROuP GROuP OF OF COMPANIES COMPANIES 110110 GREAT GREAT GuLF GuLF HOMES HOMES 114114 PLAzA PLAzA 117 117 METROPIA METROPIA 117 117 PLAzA PLAzA 118118 PEMBERTON PEMBERTON GROuP GROuP 120120 THETHE DANIELS DANIELS CORPORATION CORPORATION 120120 THETHE DANIELS DANIELS CORPORATION CORPORATION 122122 THETHE DANIELS DANIELS CORPORATION CORPORATION 126126 GREAT GREAT GuLF GuLF HOMES HOMES 126126 LIFETIME LIFETIME DEvELOPMENTS DEvELOPMENTS 128128 LIFETIME LIFETIME DEvELOPMENTS DEvELOPMENTS 130130 TRIANGLE TRIANGLE WEST WEST DEvELOPMENT DEvELOPMENT 131131 LANTERRA LANTERRA DEvELOPMENTS DEvELOPMENTS 131131 TRIDEL TRIDEL CORPORATION CORPORATION 131131 TRIDEL TRIDEL CORPORATION CORPORATION 134134 TRIBuTE TRIBuTE COMMuNITIES COMMuNITIES 135135 GRAYWOOD GRAYWOOD DEvELOPMENTS DEvELOPMENTS 135135 MOD MOD DEvELOPMENTS DEvELOPMENTS INC.INC. 136136 CANDEREL/STONERIDGE CANDEREL/STONERIDGE 137137 ALTERRA ALTERRA HOMES/FINER HOMES/FINER SPACE SPACE 141141 BSAR BSAR LTDLTD 142142 ANDRIN ANDRIN HOMES HOMES 148148 GRAYWOOD/BEAvERHALL GRAYWOOD/BEAvERHALL DEvELOPMENT DEvELOPMENT 150150 ASPEN ASPEN RIDGE RIDGE HOMES HOMES 151151 CITYzEN CITYzEN 151151 FERNBROOK FERNBROOK HOMES HOMES 151151 FERNBROOK FERNBROOK HOMES HOMES 153153 uRBAN uRBAN CAPITAL CAPITAL 153153 MALIBu MALIBu INvESTMENTS INvESTMENTS INC.INC. 153153 ALITALIT DEvELOPMENTS DEvELOPMENTS 154154 TRETRE MEMOvIA MEMOvIA DEvELOPMENTS DEvELOPMENTS 155155 LIFETIME LIFETIME DEvELOPMENTS DEvELOPMENTS 155155 LIFETIME LIFETIME DEvELOPMENTS DEvELOPMENTS 157157 CASTLEPOINT/CITYzEN/FERNBROOK CASTLEPOINT/CITYzEN/FERNBROOK 165165 SORBARA SORBARA GROuP GROuP 170170 STREETCAR STREETCAR DEvELOPMENT DEvELOPMENT 173173 MIzRAHI MIzRAHI | KHALILI | KHALILI DEvELOPMENTS DEvELOPMENTS 175175 SORBARA SORBARA GROuP GROuP 179179 GRAYWOOD GRAYWOOD DEvELOPMENTS DEvELOPMENTS 179179 MOD MOD DEvELOPMENTS DEvELOPMENTS INC.INC. 184184 RESERvE RESERvE PROPERTIES PROPERTIES 184184 RESERvE RESERvE PROPERTIES PROPERTIES 185185 PEMBERTON PEMBERTON GROuP GROuP 186186 STREETCAR STREETCAR DEvELOPMENT DEvELOPMENT 188188 GREENPARK GREENPARK HOMES HOMES 190190 CRESFORD CRESFORD DEvELOPMENT DEvELOPMENT CORP. CORP. 191191 TRI-WIN TRI-WIN DEvELOPMENTS DEvELOPMENTS INCINC 193193 BuRNAC BuRNAC CORPORATION CORPORATION 195195 LIFETIME LIFETIME DEvELOPMENTS DEvELOPMENTS 195195 CENTRE CENTRE COuRT COuRT DEvELOPMENT DEvELOPMENT 197197 STREETCAR STREETCAR DEvELOPMENT DEvELOPMENT 198198 MENKES MENKES DEvELOPMENTS DEvELOPMENTS INC.INC. 200200 FREED FREED 200200 CARTTERA CARTTERA 202202 RIORIO CAN CAN 202202 METROPIA METROPIA 206206 MOD MOD DEvELOPMENTS DEvELOPMENTS INC.INC. 207207 RESERvE RESERvE PROPERTIES PROPERTIES 210210 CASTLEPOINT/NuMA CASTLEPOINT/NuMA 217217 TORBEL TORBEL GROuP GROuP 218218 uRBAN uRBAN CAPITAL CAPITAL 219219 TASTAS DESIGNBuILD DESIGNBuILD MANSOuRI MANSOuRI LIvING LIvING
087
1
2
3
4
5
6
7
A
8
9
10
11
12
13
14
15
16
17
18
101
Steeles Ave
19
20
22
23
24
124
96
25
26
121
99
33
B
21
North York C
14
400
2
135
124
40 8 50
128
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37
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401
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28
123
E
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401 3 122
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130
125
98
132 25
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95
H
torontoregionalmaps: North York
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
088
#
Builder
96
ELAD CANADA
Site
Telephone
TH* C*
Biyu Emerald City
416-492-0001
•
Price Range from $250,000
Page 73
Finder 24C
121 LIBERTY DEvELOPMENT CORP.
World on Yonge
905-771-7010
•
from $285,000
Insert
A18
122 LANTERRA DEvELOPMENTS
Treviso Condominiums
416-787-8882
•
from $250,000
27
12F
128 THE DANIELS CORPORATION
NY2
416-221-3939
from $220,000
35
19C
130 TRIBuTE COMMuNITIES
from $700,000
59
19F
Canterbury
647-352-2130
•
•
1
CONCORD ADEx
Opus
416-813-2999
•
•
2
TORBEL GROuP
The Avanti Condominiums
416-636-0400
from $390,000
3
YYzED PROJECT MANAGEMENT
vISTO
vistocondos.ca
from $220,000
8E
4
TRIDEL CORPORATION
Hullmark Centre
416-733-2883
•
from $524,000
18D
4
TRIDEL CORPORATION
Aristo at Avonshire
416-730-0300
•
from $383,000
18D
6
CONCORD ADEx
Tango at Concord Park Place
416-813-2999
•
•
from $236,000
22C
6
CONCORD ADEx
Discovery at Concord Park Place
416-813-2999
•
6
CONCORD ADEx
Discovery II at Concord Park Place
416-813-2999
•
•
from $210,000
22C
6
CONCORD ADEx
Tango2 at Concord Park Place
416-813-2999
•
from $265,000
22C
8
CONSERvATORY GROuP
Pearl 2 Condominiums
416-512-1818
•
14
TORBEL GROuP
Diva
15 EMERY CONDOMINIuMS
22C 17C
22C
DivaCondo.com
17C from $250,000
11C
The Essential
905-887-4888
•
from $250,000
20E
21
TRIDEL CORPORATION
Argento
416-663-1818
•
from $292,000
22E
28
TRIDEL CORPORATION
Alto at Atria
416-645-8866
•
from $288,000
25D
33
CASTLE ROYALE DEvELOPMENT
The Palm Condominium Residences
416-306-1000
•
from $400,000
17B
37
NORSTAR GROuP OF COMPANIES
Portrait Condominiums
416-282-9600
•
from $300,000
13C
40
MENKES DEvELOPMENTS INC.
Gibson Square
416-730-9722
•
from $385,000
17C
50
MINTOuRBAN COMMuNITIES INC.
88
416-915-3805
•
from $325,000
18C
50
DEvRON DEvELOPMENTS
Flo Condominiums
647-799-0356
•
from $250,000
18C
86
CANDEREL/STONERIDGE
Aura At College Park
416-962-8688
•
from $995,000
16K
94
DHD DEvELOPMENTS
Gooderham
416-361-1322
•
from $410,000
95
ASPEN RIDGE HOMES
Scenic on Eglinton
416-805-1781
96
ELAD CANADA
Emerald City Condominiums
416-492-0001
•
from $248,000
24C
96
ELAD CANADA
Dreamtower At Emerald City
416-492-0001
•
from $248,000
24C
99
THE BROWN GROuP OF COMPANIES
Willow Park at Bayview
416-221-6767
•
from $400,000
21
101 KANTIuM DEvELOPMENT
Posh Condominiums
905-771-0134
•
from $544,000
16A
122 LANTERRA DEvELOPMENTS
Treviso II
416-787-8882
•
from $250,000
12F
123 BRANDY LANE HOMES
The Station
416-398-9777
•
from $420,000
12D
124 TRIDEL CORPORATION
Trio at Atria
416-645-8866
from $288,000
24C
125 FRAM BuILDING GROuP
LIv Lofts
416-445-5638
128 THE DANIELS CORPORATION
NY Place
416-221-3939
132 FRAM BuILDING GROuP/CADILLAC FAIRvIEW
Flaire Condos
416-445-8868
*TH: Townhomes, C: Condo
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
•
• • •
18L 23G
from $250,000
22F
from $250,000
19C
from $320,000
22F
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554
1 1 2 2 3 3 4 4 5 5 6 6 7 7 8 8 9 9 10 10 11 11 12 12 13 13 14 14 15 15 16 16 17 17 18 18 19 19 20 20
25
26
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al
e
Islington Ave
xd
Kipling Ave
Martin Grove Rd
10
62
Bl
vd
1
Dixon Rd
Etobicoke Rathburn Rd
ll R Mi
44
# Builder Builder SiteSite Telephone TH* 5 MONARCH MONARCH CORPORATION CORPORATION TheThe Epicurean Epicurean 416-495-3530 416-495-3530 • 7 GREAT GREAT GuLF GuLF HOMES HOMES OneOne Sherway Sherway Condominiums Condominiums 416-695-3535 416-695-3535 • 10LASH LASH GROuP GROuP OF OF COMPANIES COMPANIES Cloud Cloud 9 Condominiums 9 Condominiums 416-747-0199 416-747-0199 • 18MONARCH MONARCH CORPORATION CORPORATION Lago Lago 416-495-3544 416-495-3544 • 20DAvIES DAvIES SMITH SMITH Eleven Eleven Superior Superior 416-259-8882 416-259-8882 • 25QuEENSCORP QuEENSCORP RESIDENCES RESIDENCES Watermark Watermark 416-354-2221 416-354-2221 • 28LIBERTY LIBERTY DEvELOPMENT DEvELOPMENT CORP. CORP. Terrace Terrace on on Danforth Danforth 416-987-7575 416-987-7575 • 38CITYCITY CORE CORE Harmony Harmony Village Village Sheppard Sheppard Harmonyvillage.ca Harmonyvillage.ca 2 HENDERSON HENDERSON DEvELOPMENT DEvELOPMENT LIMITED LIMITED Centro Centro 416-296-1898 416-296-1898 • 4 MONARCH MONARCH CORPORATION CORPORATION Nautilus Nautilus at Waterview at Waterview 416-203-6636 416-203-6636 • 6 CONSERvATORY CONSERvATORY GROuP GROuP Altitude Altitude 416-321-1659 416-321-1659 • 7 MENKES MENKES DEvELOPMENTS DEvELOPMENTS INC.INC. OneOne Sherway Sherway Condominiums Condominiums 416-695-3535 416-695-3535 • 8 PEMBERTON PEMBERTON GROuP GROuP Palais Palais at Port at Port Royal Royal Place Place 416-239-8200 416-239-8200 • 10CARTTERA CARTTERA Cloud Cloud 9 Condominiums 9 Condominiums 416-800-0812 416-800-0812 • 11CAMROST CAMROST - FELCORP - FELCORP ilofts ilofts at Mystic at Mystic Pointe Pointe 416-251-8888 416-251-8888 • 11CAMROST CAMROST - FELCORP - FELCORP California California Condos Condos 416-251-8888 416-251-8888 • 15GRAYWOOD/BEAvERHALL GRAYWOOD/BEAvERHALL DEvELOPMENT DEvELOPMENT Ocean Ocean ClubClub 416-255-4663 416-255-4663 • 29MONARCH MONARCH CORPORATION CORPORATION Encore Encore 416-495-3543 416-495-3543 • 33EMPIRE EMPIRE COMMuNITIES COMMuNITIES Beyond Beyond TheThe SeaSea StarStar Tower Tower Condominiums Condominiums416-979-1333 416-979-1333 • •• 34AvERTON AvERTON HOMES HOMES Evolution Evolution 416-747-9691 416-747-9691 • 35TRIDEL TRIDEL CORPORATION CORPORATION ParcParc Nuvo Nuvo at Essex at Essex 416-231-0999 416-231-0999 • 37AMExON AMExON DEvELOPMENT DEvELOPMENT CORPORATION CORPORATION South South Beach Beach 416-252-3000 416-252-3000 39MONARCH MONARCH CORPORATION CORPORATION Waterscapes Waterscapes 416-495-3544 416-495-3544 • 42TRIDEL TRIDEL CORPORATION CORPORATION ventus ventus at Metro at Metro Gate Gate 416-293-5535 416-293-5535 • 44TRIDEL TRIDEL CORPORATION CORPORATION West West village village 416-620-1887 416-620-1887 • 45EDILCAN EDILCAN DEvELOPMENT DEvELOPMENT CORP. CORP. OneOne valhalla valhalla 416-233-5554 416-233-5554 • 46REMINGTON REMINGTON GROuP GROuP ParkPark Towers Towers at IQ at IQ 416-253-5838 416-253-5838 • 50PEMBERTON PEMBERTON GROuP GROuP vivid vivid Condos Condos 416-239-8200 416-239-8200 • 51ALTERRA ALTERRA HOMES/FINER HOMES/FINER SPACE SPACE Westwood Westwood Condominiums Condominiums 416-239-9888 416-239-9888 • 55TRIDEL TRIDEL CORPORATION CORPORATION Avani Avani At Metrogate At Metrogate 416-293-5535 416-293-5535 • 56PHANTOM PHANTOM DEvELOPMENTS DEvELOPMENTS Jade Jade Condominiums Condominiums 416-762-8818 416-762-8818 • 60YOuR YOuR HOME HOME DEvELOPMENTS DEvELOPMENTS Nature’s Nature’s PathPath 416-745-6686 416-745-6686 • •• 61vHLvHL DEvELOPMENTS DEvELOPMENTS LTD.LTD. 2150 2150 Condos Condos 416-750-2150 416-750-2150 • 61vHLvHL DEvELOPMENTS DEvELOPMENTS LTD.LTD. Haven Haven On On TheThe Bluffs Bluffs 416-2611-9555 416-2611-9555 • 62ROYALE ROYALE GRAND GRAND WOODBINE WOODBINE DEvELOPMENTS DEvELOPMENTS Lexington Lexington 416-638-8444 416-638-8444 • 65MINTOuRBAN MINTOuRBAN COMMuNITIES COMMuNITIES INC.INC. South South Shore Shore 416-913-2136 416-913-2136 • • 70FIRST FIRST AvENuE AvENuE PROPERTIES PROPERTIES Qube Qube Condos Condos 647-351-7823 647-351-7823 • 71LASH LASH GROuP GROuP OF OF COMPANIES COMPANIES MeMe Condos Condos 416-430-0003 416-430-0003 •
C* • • • • • • • • • • • • • • • • • • • •
70
Park Lawn
Queensway
11 53 3 56 39 4 37 6 33
Gardiner Expressway Evans Ave
Horner Ave
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
5 Royal York Rd
35
50 14 51 34
65
Lakeshore Blvd W
Price Range fromfrom $250,000 $250,000 fromfrom $240,000 $240,000 fromfrom $200,000 $200,000 fromfrom $200,000 $200,000 fromfrom $320,000 $320,000 fromfrom $227,000 $227,000 fromfrom $238,000 $238,000 fromfrom $185,000 $185,000 fromfrom $400,000 $400,000 fromfrom $230,000 $230,000 fromfrom $262,000 $262,000 fromfrom $260,000 $260,000 fromfrom $240,000 $240,000 fromfrom $310,000 $310,000 fromfrom $242,000 $242,000 fromfrom $250,000 $250,000 fromfrom $200,000 $200,000 fromfrom $400,000 $400,000 fromfrom $250,000 $250,000 fromfrom $456,000 $456,000 fromfrom $209,000 $209,000 fromfrom $400,000 $400,000 fromfrom $314,000 $314,000 fromfrom $287,000 $287,000 fromfrom $239,000 $239,000 fromfrom $220,000 $220,000 fromfrom $250,000 $250,000 fromfrom $250,000 $250,000 fromfrom $240,000 $240,000 fromfrom $293,000 $293,000 fromfrom $270,000 $270,000
• • • • • • • • • • • • fromfrom $160,000 $160,000 • fromfrom $240,000 $240,000 fromfrom $350,000 $350,000 • fromfrom $200,000 $200,000 • fromfrom $150,000 $150,000
Page Finder INSERT INSERT 23F23F 26 26 16G16G 97 97 22B22B INSERT INSERT 24C24C 95 95 23C23C 109109 19D19D Insert Insert 2F 2F 69 69 2C 2C 6D 6D 25H25H 25H25H 16G16G 23F 23F 22B 22B 25G25G 25G25G 24C 24C 5D 5D 24H 24H 22G22G 22G22G 25H25H 26H26H 4C 4C 21F 21F 21F 21F 22G22G 23F 23F 23F 23F 4C 4C 24G24G 11E 11E 3E 3E 3E 3E 21C 21C 22H22H 24G24G 8D 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
d
Bloor St W Dundas St W
H H
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
19
8
Scarborough
d
409
ett R Scarl
Westway
Ranforth Dr
Centennial
East Ave Port Union Rd East Ave Port Union Rd Centennial
Manse Rd
Manse Rd
ve ve nA nA lva lva Sy Sy
40
27
401401
Morrish Rd
Morrish Rd Conlins Rd
60 60
24
nR
427
2A 2A
23
Finch Ave W
Re
QEW
*TH:*TH: Townhomes, Townhomes, C: Condo C: Condo
bio
22
23
7
# 5 7 10 18 20 25 28 38 2 4 6 7 8 10 11 11 15 29 33 34 35 37 39 42 44 45 46 50 51 55 56 60 61 61 62 65 70 71
Al
Humberline Dr
Beare Rd
Beare Rd Meadowvale Rd
Meadowvale Rd
Conlins Rd Morningside Ave
Da nf Da ort nf h A or v e th Av e
Reesor Rd
Reesor Rd Sewells Rd
72 72
Ave Ave Passmore Passmore
E E Ave Ave Sheppard Sheppard
RD RD n n sto sto ng ng Ki Ki
Galloway Rd
Ki
Galloway Rd
Ki
Orton Park Rd
Ave Ave St. Clair St. Clair 1 1
Scarborough Golf Rd Markham Rd
* Due to scale restrictions, locators are d Rd approximate. Please see builder’s for n R ads n sto sto exact locations. ng ng
Markham Rd Bellamy Rd
Bellamy Rd McCowan Rd
McCowan Rd Brimley Rd
Brimley Rd
E
Orton Park Rd Scarborough Golf Rd
Midland Ave
E
71 71
n Drn Dr ortoorto BrimBrim
61 61Lawrence Lawrence Ave Ave
Victoria Park
Victoria Park
G G
ss Ave ss Ave Progre Progre
29 29 2 2
E E Ave Ave Eglinton Eglinton
F F
Sewells Rd
401 401
Morningside Ave
Ave Ave Milner Milner
Rd
Kennedy Rd Birchmount Rd
Warden Ave Pharmacy Rd
Pharmacy Rd
E E
Birchmount Rd Warden Ave
D D
Midland Ave Kennedy
55 55 401401 31 31 Rd Rd Ellesmere Ellesmere
Ave Ave evin evin McL McL
3 3 1
E 1 E Ave Ave Sheppard Sheppard
Neilson Rd
Dr Dr Huntingwood Huntingwood
Neilson Rd Tapscott Rd
E E Ave Ave Finch Finch
B B
C C
Tapscott Rd
Ave Ave McNicoll McNicoll
McCowan Rd
McCowan Rd
A A
21
089089
3
4
5
6
7
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9
10
11
12
13
14
15
16
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19
20
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16 17 shore Lake W Blvd
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waterfrontmaps: TORONTO
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
090
#
Builder
1
PEMBERTON GROUP
Park Lake Residences
Site
416-769-4343
Telephone
2
MONARCH CORPORATION
Nautilus at Waterview -
416-495-3544
3
CRESFORD DEVELOPMENT CORP.
NXT2/Phase Two
3
CRESFORD DEVELOPMENT CORP.
NXT at Windermere By The Lake
4
TRIDEL CORPORATION
Aqualina at Bayside Toronto
6
PLAZACORP/BERKLEY COMMUNITY
West Harbour City
7
LIFETIME HOMES
8
CONCORD ADEX
8
TH* C*
Price Range
Page
from $250,000
Finder
•
•
3F
•
from $400,000
5f
416-977-5300
•
•
from $210,000
4E
416-977-5300
•
•
from $300,000
11F
416-514-2710
•
westharbourcity.com
•
Waterparkcity – Neptune
416-203-3700
•
13f
Grand Parade 2 at Concord CityPlace
416-813-0999
•
14F
CONCORD ADEX
Quartz
416-813-0999
•
14F
8
CONCORD ADEX
ParadeTWO Tower Residences
416-813-0999
•
from $287,000
14F
8
CONCORD ADEX
Grand Parade at Concord CityPlace
416-813-0999
•
from 293,000
14F
8
CONCORD ADEX
Panorama at Concord CityPlace
416-813-0999
•
from $389,000
14F
8
CONCORD ADEX
Panorama Elite Suites at Concord CityPlace
416-813-0999
•
from $1,135,000
14F
8
CONCORD ADEX
ParadeTWO Park Collection at Concord CityPlace
416-813-0999
•
from $308,000
14F
•
from $2,213,000
14F
•
IFC from $327,000
16E 13E
8
CONCORD ADEX
Luna Vista at Concord CityPlace
416-813-0999
8
CONCORD ADEX
Spectra
416-813-0999
9
CONSERVATORY GROUP
Infinity Condominiums
416-214-1988
•
from $250,000
14F
11
URBAN CPITAL
River City 2
416-862-0505
•
from $250,000
16E
14
CANALFA GROUP
Liberty Central by the Lake
416-537-0047
•
from $200,000
10F
14
CANALFA GROUP
Liberty on the Park Condominiums
416-537-0047
•
from $363,000
10F
15
MALIBU INVESTMENTS INC.
LTD
416-601-2223
•
from $200,000
12F
16
CAMROST FELDCORP
California Condominiums
sunsetcondos.ca
•
from $280,000
24C
•
•
14F
18
FERNBROOK HOMES/CITYZEN DEV.
Pier 27 Residences On The Lake
416-367-3456
•
from $300,000
11F
21
GREAT GULF
Monde
mondegreatgulf.com
•
•
from $300,000
15E
33 Bay Residence at Pinnacle Centre
416-925-3325
•
•
29 PINNACLE INTERNATIONAL *TH: Townhomes, C: Condo
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
17M
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to 416-789-9554
Bu
in lW
Sh Sp eri ea da km n P an ark Tr us Dr D r co tt Dr
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W
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Page
Scugog
Manvers Finder
647-692-8417 647-692-8417 48
• •fromfrom $250,000 $250,000
101101 23C23C
416-259-8882 416-259-8882
• •fromfrom $200,000 $200,000
105105 23C23C
monarchgroup.net monarchgroup.net
• •fromfrom $280,000 $280,000
Newcastle
insert insert 24C24C
Oshawa
E
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28 28EMPIRE EMPIRE COMMUNITIES COMMUNITIES
Water Water Tower Tower at Eau at Eau Du Du Soleil Soleil
empirewatertower.com empirewatertower.com
• •fromfrom $320,000 $320,000
01 74 7 25B25B
5 5 UNITED UNITED LANDS LANDS
Stonebrook Stonebrook Condominiums Condominiums
905-822-8858 905-822-8858
• •fromfrom $270,000 $270,000
9E 9E
8 8 CHESTNUT CHESTNUT HILLHILL DEVELOPMENT DEVELOPMENT
SanSan Francisco Francisco By The By The BayBay
905-831-3631 905-831-3631 • •• •fromfrom $180,000 $180,000
23J23J
10 10PEMBERTON PEMBERTON GROUP GROUP
Bluwater Bluwater Condominiums Condominiums
416-987-8800 416-987-8800
• •fromfrom $350,000 $350,000
5J 5J
11 11MONARCH MONARCH CORP. CORP.
Waterscapes Waterscapes
416-495-3544 416-495-3544
• •fromfrom $390,000 $390,000
25C25C
13 13GREEN GREEN HILLHILL HOMES HOMES
Princeton Princeton Manor Manor
905-849-1818 905-849-1818
• •fromfrom $210,000 $210,000
6G 6G
14 14PHANTOM PHANTOM DEVELOPMENTS DEVELOPMENTS
Jade Jade Waterfront Waterfront Condos Condos
416-251-0707 416-251-0707
• •fromfrom $250,000 $250,000
24G24G
15 15GRAYWOOD GRAYWOOD DEVELOPMENTS DEVELOPMENTS
Ocean Ocean ClubClub
416-255-4663 416-255-4663
• •fromfrom $229,000 $229,000
24C24C
25 25QUEENSCORP QUEENSCORP RESIDENCES RESIDENCES
Watermark Watermark
416-354-2221 416-354-2221
• •fromfrom $320,000 $320,000
103103 19D19D
28 28EMPIRE EMPIRE COMMUNITIES COMMUNITIES
EauEau Du Du Soleil Soleil
empirecommuni empirecommuni ties.com/eaudusol ties.com/eaudusol eil eil
• •fromfrom $210,000 $210,000
25B25B
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
Bloor St
Lindsay
Uxbridge
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to 416-789-9554
tre St.
Whitby 7 Waterfront
Stevenson Rd
Wentworth St
Gibb St
Thornton Rd
La
St
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Kendalwood R
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48
Blair St
Cannington
Hopkins St
Bradford Tecumseth and On On TheThe Go Go Tottenham
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Dundas St E
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Westney Rd S
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rn
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Dryden Bv
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Pickering Beach Rd
Harwood Ave
Finley Ave
ke
La
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Townline ownline Rd
udley Rd Audley
Bu
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Stevenson Rd
Garden St
Baldwin St S
Taunton Rd W
Rossland Rd
Whitby
*TH:*TH: Townhomes, Townhomes, C: Condo C: Condo
To O
Thornton Rd
Conlin Rd
Thickson Rd
25
Country Lane
Lakeridge Rd
Coronation R
1518 20
R
waterfrontmaps: GTA
Eg lin rn R a to ha th n m bu th r n or R d Du pe E Th nd Rd e as W Qu St ee E ns w ay
W
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Garrard Rd
Baldwin St N
Park Lawn Cedarbrook T
Royal York Rd
Cochrane
Church St E
16 28
Lakeshore Blvd E
co
East Gwillimbury Further North Waterfront
Adjala
8 Co
Evans Ave
Horner Ave Rossland/Winchester
Oro
Eleven Eleven Superior Superior9
26
Village of Gardiner Expressway in 1411 Brookl 2
Queensway
Halls Rd N
Audley Rd
Salem Rd
Kingston Rd
400
Country Lane
Lake Ridge R
4 Sideline R
Salem Rd
Mara
11
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Mono
Town of Ajax
Magill Dr
Barrie
25
Taunton Rd WWaterfront Etobicoke
Alliston,
9 Lago Lago
18 18MONARCH MONARCH CORP. CORP.
93
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0
10
20 20DAVIES DAVIES SMITH SMITH
Ravenscroft
Hwy 5
2 2 STANTON STANTON RENAISSANCE RENAISSANCE
Shelburne
Essa
SiteBeeton, Site
89
Westney Rd N
Church St N
Tosorontio Everett
Fifth Conces 12 11 9
24
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
69
400
23
Brawley Rd Bloor St W
QEW
Mississauga Taunton Rd E Waterfront Orillia
Delaney Dr
Montgomery F
K K # # Builder Builder
Squires Beach Rd
D
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Brock Rd
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Rd
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Whites Rd
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Appleview Rd
Sprduce Hill R
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Sheppard Ave
7
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Church St S
Riverside Dr Notion Rd
Li
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16 Sideline
Brock Rd
Brock Rd sR Oak jor Ma Valley Farm
27
22
Columbus Rd
Rd
69
21
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6 Concession
Rossland Rd
Wasaga Beach
7 Concession
Greenwood Rd
Rd
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ra
27
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6
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091
condo watch
contInued…
previews & registrations Axiom Condominiums by Greenpark
Now selling! Suites from the $200’s. Hotel-inspired amenities, smart suite designs, great location at Adelaide East and Ontario Street. Register now. Web: AxiomCondos.com
The Brownstones5 by Emsatec Canada Inc.
Final phase of stacked towns in Davenport Village now open for preview. Call 416.531.7760. Web: brownstones5.com
Imagine Condos by insoho developments
Vibrant boutique condo living by acres of green space, TTC and GO Transit. Register now. Web: imaginecondos.com
416
Builders: If you would like to include your preview registration, new release or site opening in this feature, just email the details to Lydia.Mcnutt@wall2wallmedia.com
The HUB by Empire Communities
Live life on tomorrow’s fast lane, at this condo in a key Eg-West location. Register now. Web: EmpireTheHub.com
Harbour Plaza by Menkes
Coming soon to York and Harbour. Register now to stay up to date. Web: Menkes.com
The Britt by Lanterra Developments
Condos with European flair coming soon to Bay and Wellesley. Register now. Web: LanterraDevelopments.com
Aqualina at Bayside Toronto by Tridel
Coming soon: a master-planned community on the city’s waterfront. Web: Tridel.com
Cinema Tower by Daniels Corp.
World-class condo in the heart of the Entertainment District. Register now. Web: CinemaTowerCondos.com
Eau Du Soleil by Empire Communities
Surfacing soon: one of Canada’s tallest and most iconic waterfront condos. Register online. Web: EauDuSoleilCondos.com
The Epicurean by Monarch Corp.
A stylish new condo for local foodies near Bloor West Village. Register now. Web: MonarchGroup.net
092 new condo guIde october 5 - 19, 2013
Imperial Plaza by Camrost Felcorp
Sixteen-foot loft living at Yonge and St. Clair. Register today. Web: 16FootLofts.ca/cg
Noir Condos by Menkes
Coming soon to the heart of Toronto, at Peter and King. Register now. Web: Menkes.com
One Park Place by Daniels Corp.
Now on sale, the “one” place to be in downtown east. Register now to stay informed. Web: DanielsOneParkPlace.com
Sixty Colborne by Freed Developments
A block from everything at King St. E. and Church St. Register now. Web: SixtyColborne.com
South Hill on Madison by Burnac
Coming soon to the coveted Casa Loma neighbourhood. Register now. Web: SouthHillOnMadison.com
Tao by SigNature Communities
Boutique condos on Bayview in Richmond Hill. Coming soon. Web: TaoCondos.ca
Ten York by Tridel
Rising above it all at York and Harbour. Register now for your private oasis. Web: TenYork-condos.com
The Upper Canada Condominium by State Building Group
Coming soon, affordable luxury at Avenue Rd. and Lonsdale. Register now. Web: UpperCanadaCondo.com
Yonge & Rich by Great Gulf
Live at the centre of it all at Yonge and Richmond. Register for a preview. Web: YongeandRich.com
Smart House by Urban Capital/Malibu
Intriguing, innovative, smart condos at Queen and University. Register now. Web: SmartHouseToronto.com
093
condo profile
eleVen SUperior
makes waves in the heart of Mimico-by-the-Lake:
Homebuyers hurry to reserve their spot along Mimico waterfront as construction speeds up
f
irst-time homebuyer Marijana Cuvalo is thrilled to plan her move into her new condo, now that construction is well underway at Eleven Superior Condominiums. When she first began her search, Eleven Superior by Davies Smith Developments in Mimico-by-the-Lake immediately stood out, checking all the boxes for must-haves. She knew what she wanted in her first home and wasn’t prepared to sacrifice her priorities. Cuvalo put her search on the back burner but never forgot the condo project she first fell in love with. When she saw that the excavation was almost complete, she knew she couldn’t wait to purchase any longer. With current prices, she was even able to buy a bigger unit than she originally planned. “My brother told me to go big or go home,” says Cuvalo, who will soon be living in a 668-sq.-ft. one-bedroom-plus-den suite at Eleven Superior. Cuvalo was drawn to Eleven Superior because it offered a convenient location in the heart of an established Etobicoke community. Mimico is the ideal halfway point for Cuvalo between her family in Mississauga and her work and social life in Toronto. She fell in love with Mimico’s pedestrian-friendly streets and charming retail strip, and liked the idea of living in an established neighbourhood surrounded by many beautiful old homes. An avid runner, she’s thrilled to be along the waterfront trail – Eleven Superior is steps from Toronto’s newest Waterfront Park. The new 1.1-km Mimico Waterfront Park is outfitted with boardwalks, cycling and in-line skating trails, rest areas, sand dunes and cobble beaches welcoming joggers, cyclists and urban explorers along the city’s waterfront edge. While Eleven Superior offers four-season recreation opportunities just outside its doors, it is only a short car-ride from downtown Toronto and is accessible by streetcar with a stop right outside the door. Eleven Superior residents will enjoy the convenience of living right on Mimico’s pedestrianfriendly main street, lined with retail, supermarkets, restaurants and coffee houses. Rich in culture and history, Lakeshore Arts also sits in the heart of the action, as a key organizer for hosting local artists and cultural events. A selection of one- and two-bedroom suites and townhomes remains, ranging from 559 sq. ft. to 1,047 sq. ft. with prices starting in the mid-$200’s. Eleven Superior spaces feature immaculate laminate flooring and a choice of palettes to accommodate individual styles. The kitchens boast granite countertops and modern wood cabinetry. The bathrooms, foyers and laundry areas are polished with porcelain or ceramic floors. Suites also feature vast windows providing magnificent views of Lake Ontario. Residents will enjoy an indoor rooftop amenity space that includes a fitness centre, and social lounge with private room for entertainment. Indoor amenity space connects to a generous wrap-around terrace equipped with a barbecue that overlooks the water. Purchasers can now receive $10,000 off two-bedroom suites and townhomes
094 new condo GUide oCtobEr 5 - 19, 2013
picTUred
Excavation is almost complete and construction is well underway at Eleven Superior Condominiums
or $5,000 off one-bedroom suites. Prices start from the $250’s. Current offers include pristine stainless steel appliances, stylish undermount sinks, and a flexible deposit structure. Residents will have access to storage lockers and parking. Due to construction at Eleven Superior, sales have moved to the Davies Smith head office located at 201-2069 Lake Shore Blvd. W. in Etobicoke. For more information and to book your personal appointment, please call 416.259.8882, email info@elevensuperior.com or visit elevensuperior.com. To stay updated on eleven Superior’s construction, check out the davies Smith developments blog at blog.davies-smith.com, or join the conversation on facebook (daviesSmithdevelopments) and Twitter (@daviessmith).
TOW N HOME S A N D CO NDO MINIUM S UITES IN THE H EA R T O F MIMICO-B Y-THE-LAKE
ER N! D UN CTIO W RU O N ST N O C
UP TO $10,000 CASH BACK ON SELECTED SUITES
*
Steps from the waterfront and minutes from downtown Toronto, Mimico-bythe-Lake offers lake-side living with convenient transit right at your door step. Townhomes and Condominium suites from 1 bedroom to 2 bedrooms starting from the low $200s Limited time incentives. Call today!
Please call 416.259.8882 to book your appointment today.
*Limited time offer. Cash back credit on closing. $10,000 off 2 beds. $5,000 off 1 beds. Parking not included on selected suites. Prices and specifications subject to change without notice. Images for mood and impression only. See sales rep for details. E & O.E.
october 5 - 19, 2013 new Condo Guide 095
in the news
Ground breakinG brinGs CLoud9 down to earth
The Lash Group of Companies’ newest condominium gives city dwellers a great, Green option piCtured:
Lash Group of Companies has
Paul Meecham, Carttera Private Equities Inc; president Larry Blankenstein; sales and marketing manager Heather Hamilton; and vicepresident of construction Serge Mazzuca, from Lash Group of Companies. Photo credit: Nicola Betts Photography
broken Ground on their highly
anticipated Cloud9 Condominium. The boutique-style, 12-storey Cloud9 building is located at 80 Esther Lorrie Dr. at Kipling Avenue, north of Hwy. 401. It sits on the lush banks of the Humber River, offering residents a rare parkland setting in one of the city’s most convenient neighbourhoods. This prime location is minutes from the airport and major highways, as well as steps from the TTC, making access to downtown and out of town quick and hassle-free. The chic, contemporary exterior was designed by E.I. Richmond Architects. Tanner Hill and Associates designed the thoughtfully laid-out suites and extensive amenities. Residents will enjoy a pristine indoor swimming pool, fully equipped fitness
096 new Condo Guide oCtoBEr 5 - 19, 2013
centre, outdoor terrace with barbecues and lounge seating, and alfresco kitchen and rooftop fireplace. A good selection of suites remains, including onebedroom, one-bedroom-plus-den, two-bedroom and two-bedroom-plus-den layouts, starting at 515 sq. ft. and priced from the low $200s. Adding even more value, this price includes parking and locker! Lash Group of Companies is renowned for projects that include 500 St. Clair West, 530 St. Clair West, and the Rushton, which have significantly contributed to the revitalization of the St. Clair West strip near Bathurst Street in Toronto. The firm’s portfolio also encompasses The Fashion District Lofts at Bathurst and Adelaide. Over five decades, Lash Group has developed more than 5,500 homes throughout the GTA and Florida, as well millions of square feet in the industrial and commercial sectors. Visit the inspiring Cloud9 presentation centre’s model suite from Monday to Thursday, noon to 6 p.m., or weekends and holidays from noon to 5 p.m. (closed Fridays). Call 416.747.0199 or visit Cloud9Condos.ca to learn more.
Final
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INCREDIBLY PRICED FROM THE
Presentation Centre: 60 Esther Lorrie Dr., Etobicoke
WESTHUMBER BLVD.
401
400
R. IE D RR KIPLING AVE.
ESTHER LO
MARTIN GROVE RD.
HWY 27
FINCH AVE. E.
Hours: Mon - Thurs: 12 - 6pm Fri.: Closed, Wknds. & Hol.: 12 - 5pm
200’s
$
FURNIS HED
MODEL TO VIEW
cloud9condos.ca 416.747.0199
*See Sales Representative for complete details. Offer is for a limited time only and may be withdrawn at any time without notice. Prices and specification subject to change without notice. Exclusive listing broker, The Condo Store Realty Inc., Brokerage. Brokers Protected. E.&O.E. 2013.
in the news
ontArio economy set for growth
despite challenges in exports and manufacturing: RBC After seeing encourAging signs earlier this
year, Ontario’s economic momentum failed to pick up as expected in recent months, according to the latest RBC Economics Provincial Outlook. With little evidence strengthening activity so far this year, RBC has revised its forecast for provincial real GDP growth to 1.3 per cent in 2013, down from a previously expected 1.7 per cent. Still, RBC projects the pace of growth to accelerate in 2014.
Home building continued to be a steady source of economic activity in Ontario, with residential investment up 3.8 per cent year-over-year in the first half of 2013 “We continue to anticipate exports to be the prime source of economic growth in Ontario, even though we saw merchandise trade virtually stall in recent months,” says Craig Wright, senior vice-president and chief economist, RBC. “As the U.S. economy recovers further, demand for Ontario’s exports will rise and contribute real GDP growth of 2.8 per cent in 2014.” The RBC report notes that among the more positive economic developments in Ontario during the first half of 2013 were a resilient housing sector and strong consumer spending on big-ticket items. However, the lacklustre demand for provincial merchandise exports and manufacturing production has contributed to a notable drag on growth so far in 2013. 098 new condo guide october 5 - 19, 2013
In the June Provincial Outlook, RBC expected auto plants and parts manufacturers in Ontario to ramp up production as demand and sales for light vehicles were up dramatically earlier in the year. RBC notes that motor vehicle production was down 7.9 per cent in the first eight months of 2013 relative to the same period a year ago, indicating that Ontario is losing ground to other jurisdictions, including the U.S. southern states and Mexico. Furthermore, exports of machinery, primary metals, industrial chemicals and paper fell year-over-year during the first half of 2013. Nonetheless, RBC remains confident that stronger U.S. economic activity will boost demand for Ontario goods and services during the remainder of this year and into next; this will set the stage for the external trade sector to contribute positively to growth. On the bright side, home building continued to be a steady source of economic activity in Ontario, with residential investment up 3.8 per cent year-over-year in the first half of 2013. RBC says that continued job growth was a key factor sustaining housing demand, however, slowing population growth and rising mortgage rates will weigh on housing starts this year and next. RBC forecasts housing starts to moderate from 76,700 units in 2012 to 61,000 units in 2013 and 57,500 units in 2014.
LIFE WELL LIVED (PERFECTLY DETAILED)
CONSTRUCTION UNDERWAY
Construction has started on Perspective Condominiums, Etobicoke’s Landmark community at Scarlett Road & Eglinton. Overlooking the Humber Valley with spectacular panoramic park and city views, miles of hiking and biking trails, golf courses and parks Perspective is a nature lovers’ paradise. Inspired and spacious interiors feature fabulous club like amenities including podium rooftop with outdoor dining and lounging areas, elegantly appointed suites with open concept kitchens, spa-like baths and grand terraces and much more. It’s all here for you at Perspective.
:*(93,;; 9+
279900 ,.305;65 (=, > +<5+(: :; >
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PREVIEW CENTRE
7905*, ,+>(9+ +9
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SUITES FROM 600 SQ.FT. TO OVER 1,300 SQ.FT. TO OVER $1MILLION
2015
OCCUPANCY 2 YEARS
FREE MAINTENANCE
NEW PREVIEW CENTRE: 2893 BLOOR ST. W. (AT PRINCE EDWARD DR.) Hours: Monday - Thursday: 12pm - 6pm, Saturday - Sunday: 12pm - 5pm, Friday: Closed
perspectivecondos.ca |
416.242.3500
*On select suites only. Limited time only, see sales representatives for details. Prices and specifications subject to change without notice. Renderings and images are for mood and impression only. E.&O.E 2013.
099
homebuyers’ help
packing tips
to make your move a little easier packing tips ❏ Gather boxes in all sizes from friends, neighbours and stores.
❏ Label boxes containing fragile items with large red lettering.
❏ Collect cushioning material such as bubble wrap, foam pellets, furniture pads, old blankets, plastic bags, tissue paper, newspapers and small towels to use as padding inside boxes.
❏ Place china in plastic bags and stack plates upright on their sides, not flat.
❏ Create a “portable packing kit” with marking pens, a tape measure, packing tape, twine and scissors. Carry it with you as you pack up items in your home.
❏ Pack your TV, stereo and computer in their original boxes whenever possible. ❏ Keep boxes to 50 pounds or less.
❏ Reinforce the bottom of boxes with extra tape for added strength.
❏ Pack heavy items into their own smaller boxes and place lighter items together into larger boxes. (Hint: Don’t pack all your books into one box!)
❏ Label each box with the name of the room in your new home where it should be placed.
❏ Don’t move flammable, combustible, corrosive or explosive items such as paint, gasoline and ammunition.
❏ List the contents of the box on the side of it.
❏ Pack a bag of personal items you’ll need during the move and keep it in an easy-to-find place when you pack.
general moving tips ❏ Disconnect and bundle cords on television and stereo components. Label each cord with masking tape and a description of where to re-connect it. ❏ Plan and measure where your furniture will be placed in your new home. It’s helpful to draw a layout of your new home and sketch in the major furniture pieces.
❏ To save time on moving day, move your boxes from the basement, upstairs or attic to the main floor prior to the move date. Consider carrying items from the backyard to the front yard or garage ahead of time. ❏ Keep your phone connected through moving day to stay in touch with friends, family and the moving company.
moving-day essentials to keep on hand ❏ Phone
❏ Scissors/X-Acto knife
❏ Change of clothes
❏ Maps
❏ Boxes
❏ Packing bubbles
❏ Toiletries
❏ Food
❏ Packing Tape
❏ Markers & labels
❏ Medicine
❏ Drinks
100 new condo guide october 5 - 19, 2013
REGISTER NOW! to’s Toron rid yb first h i s e high-r ium min condo
From On The Go to T.O.
The only residential condominium in Toronto directly connected to the GO Transit system for quick access to Toronto’s Union Station. Get to the city centre in less than 15 minutes.
The First “Hybrid” Toronto High-rise Condominium Integrating GeoExchange & Cogeneration Technologies Be among the first residents to enjoy this patented, energy efficient system providing heating, cooling, and electricity that can be independent from the public power grid.
One and two bedroom suites
from the mid $200’s Register today at onthegomimico.com
647.692.8417 Follow us on
TM
Exclusive Broker Milborne Real Estate Inc. Broker Protected. Prices and specifications are subject to change without notice. Illustration is artist concept. E. & O.E.
TARION REPORT
Regulator cracks down on
ILLEGAL BUILDING
Make sure you don’t fall prey to an unlicensed builder. Illegal building is a concern in every community throughout the province and can have a profound impact on homeowners, the local economy and the local building industry. In Ontario, builders or vendors of new homes must be licensed by Tarion. Before that licence is issued, prospective builders must undergo technical, financial and business competency analyses. Your home – likely the largest financial transaction you will ever make – should be built by someone who has the necessary skills and business capabilities.
ARE YOU THINKING OF BUYING A NEW HOME?
Illegal building is a concern in every community throughout the province and can have a profound impact on homeowners, the local economy and the local building industry So far in 2013, the work of Tarion’s investigators has led to 32 convictions and more than $139,000 in fines levied by provincial offences courts. Don’t fall for a line from builders who claim they have a special exemption, or that you don’t need a 102 NEW CONDO GUIDE OCTOBER 5 - 19, 2013
Tarion warranty because they offer their own. Being licensed and providing a Tarion warranty isn’t optional – it’s the law. “Buyers of illegally built homes are often left living in substandard conditions, virtually abandoned by the builder and lacking vital information about the warranty protection to which they’re entitled,” says Tarion CEO Howard Bogach. Many investigations reveal components of a home that haven’t been built to meet the minimum requirement of the Ontario Building Code. Bogach recalls a recent conviction where the home was built with an undersized and improperly installed HVAC system that wasn’t capable of adequately heating the home. The water it used to distribute the heat was plumbed through the same lines as the drinking water, raising health and safety concerns. Tarion was able to work with the homeowners to provide the warranty coverage that should have been in place from day one and was able to make sure the home was safe and livable. If you’re thinking of buying a new home, visit Tarion’s Licensed Builder Directory at tarion.com to ensure that your builder is licensed. Illegal building can be reported anonymously to Tarion’s tip line at 1.800.786.6497. NC
PREVIEW
COME HOME TO THE NEIGHBOURHOOD YOU LOVE IN DAVENPORT VILLAGE
LIMITED TIME OFFER
Preferred mortgage rate guaranteed for 18 months†
'SPN UIF NJE
300’s
$
ST. CLAIR AVE. W. DAVENPORT RD.
DUPONT ST.
BLOOR ST. W.
DUFFERIN ST.
LANSDOWNE AVE.
DUNDAS ST. W.
SALES OFFICE POWERHOUSE ST.
INCLUDING UNDERGROUND PARKING & LOCKER
Sales Office: 940 Lansdowne Ave., (Building 15) Toronto, Ontario M6H 3Z4 Hours: Mon. - Wed. 1pm to 6pm Thurs. By Appointment Only Sat. - Sun. 12pm to 5:30pm Closed Friday
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BROWNSTONES5.COM 416.531.7760
*Where applicable. **From Dundas West Subway Station. †Ask Sales Representative for details. Prices and specifications subject to change without notice. See Sales Representative for details. Rendering is artist concept only. E.&O.E. Sept. 2013
makeover
Condo makeover:
Two uniTs become one // by sarah barber
104 new condo Guide october 5 - 19, 2013
i was recenTly asked To Take Two unfinished condo uniTs and combine them into one grand suite. Sounded exciting! What I found was a concrete shell with columns and shear walls everywhere, and lots of awkward corners. The building was designed on an angle so a 45-degree corner was hard to find and sorely missed. Although this was a challenge, what we learned from this project is that every awkward space actually has attractive, balanced and fun potential. The following rules is what helped make this project a success.
october october 5 - 519,- 2013 19, 2013 new new condo condo Guide Guide 105105
makeover
add archiTecTural deTail.
It’s all in the details! To add flow from room to room, we incorporated the same wall paneling throughout as a continuing feature. All the trim was painted the same finish, but we varied the interior of the paneling depending on the room’s spatial needs. For example, the dining room was very long but also very narrow. The interior of the paneling was wallpapered in a gorgeous silver silk. The reflection brought just the right amount of sheen to bounce the light around the room and make it appear wider. In the library, which had no natural light, we added mirrors inside the wall paneling. The amazing result was a room that visually doubled in size and reflected the lit artwork niche across the room. Accenting with striking colors and bold wallpaper completed the effect. conTinued on paGe 108…
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Ave
october 5 - 19, 2013 new Condo Guide 107
makeover
conTinued…
divide irreGular spaces
uniTe finishes
Ideally, we all want large Great Rooms. However sometimes it’s wise to divide up a room to different functions to suit the layout. In this project, the Living Room was an L shape with a solid concrete shear wall in the middle. So we opted to add a small office with glass French doors on one side, a cosy reading nook in the corner with a fireplace, which then left the Living Room on the larger side and elegantly centered on the foyer. To define this area, we recessed the ceiling over the living room and painted it gold, and added recessed lighting for drama! This created a beautiful setting upon entering the home.
Applying similar finishes throughout will unify the space and take attention off undesirable elements. In this home, we wanted to detract from small rooms and awkward spaces. Walls and trim were painted creamy white and we added interest with solid wood doors stained to match the walnut floors. Including this in every room unified the home and added elegance. We also replaced solid materials with clear glass to allow for light spread. This included a glass partition in an office with no window, a second-floor glass railing overlooking the main floor, and a glass stair railing. conTinued on paGe 110…
108 new condo Guide october 5 - 19, 2013
M O V E I N D E C E M B E R 2 013
Ontario Home Builders’ Association Award Winner
THE MOST OUTSTANDING MID-RISE BUILDING IN 2012
t
Designed to be a hallmark building featuring timeless elements of traditional architecture combined with modern sensibilities of design and function, this exclusive community will be located just steps from Lake Ontario’s waterfront. With easy access to public transit and several major highways, Watermark promises to be the perfect place to call home.
M O V E I N D E C E M B E R 2 013 t N O W U N D E R C O N S T R U C T I O N
N
Long Branch
Thirty Fifth St.
FROM THE LOW Lake Shore Blvd. W.
Kipling Ave.
Brown’s Line
1 Bedroom t 1 Bedroom + Den t 2 Bedroom t 2 Bedroom + Den – from 649 sq.ft. to 1,225 sq.ft.
$300’s
P R E S E N TAT I O N C E N T R E 3609 Lake Shore Blvd. W., Suite 104, Toronto, ON Monday to Thursday 1:00pm to 7:00pm Saturday, Sunday and Holidays 12:00pm to 5:00pm queenscorp.com
|
416.354.2221
t
Lake Shore Blvd. W.
NOW UNDER CONSTRUCTION
Long Branch
Thirty Fifth St.
Kipling Ave.
Brown’s Line
N
All prices & specifications are subject to change without notice. E.&O.E. All Illustrations are artist’s concept only. Brokers Protected - some conditions apply
109
makeover
conTinued…
selecT furniTure carefully
Furniture tells a story – the story of who you are and where you’ve been. Don’t be afraid of blending styles together. Modern and traditional can intermix beautifully, especially when layered just right. We custom made all the sofas for three different rooms, at a price comparable to ready-made. This meant that we could furnish the home and work with the angles to maximize the functionality and comfort of each room. In a small space across from the kitchen, we specified a white marble pedestal table and clear acrylic chairs. This created a charming breakfast area that felt lightweight. In the master bedroom we had a challenge for ideal TV viewing. Because the wall opposing the bed was on an angle, we chose to add an inviting daybed with lots of fluffy pillows instead of a TV stand. We then found a brilliant device that recessed the TV into the ceiling that would drop down by remote control. Love technology!
110 new condo Guide october 5 - 19, 2013
Almost all spaces have a design challenge just waiting for the perfect solution. The key is to spend the time doing your research, planning, and design well before the first hammer is swung. And remember, using a design professional will undoubtedly save you tremendous time, money and stress.
sarah barber Sarah heads Barber Design Shop LTD, a Toronto-based firm specializing in interior and architectural design, and project management. Her design talent, sense of humour, and organization make BDS a firm of recognition. The company logo is “Get To Work” because that is just what they do. Visit barberdesignshop.com for more information.
THE GLEN i BEACH RAVINE RESIDENCES
october 5 - 19, 2013 new Condo Guide 111
coNdo watch
previews & registrations West Tower by The Daniels Corp.
Coming soon: The dawn of a new landmark community in Erin Mills. Web: DanielsErinMills.com
Coming soon, a master-planned urban community in Richmond Hill. Web: SkyCityCondos.com
Centro Square by Liberty Development
Upper Village Markham by Greenpark
A master-planned community in the heart of Woodbridge. Register now for Phase 2. Web: CentroSquare.ca
The Clairington by Castleridge Homes
Active adult living in a park-side condominium in Brampton. Web: TheClairingtonCondos.com
905 Builders: If you would like to include your preview registration, new release or site opening in this feature, just email the details to Lydia.McNutt@wall2wallmedia.com
Courtyards of Maple by Marino/Intercity/TriAxis
European-inspired condos coming soon to Maple. Register now to stay informed. Web: CourtyardsOfMaple.com
Downtown Erin Mills by Pemberton Group
Coming soon to Erin Mills: condo living with a downtown vibe. Register now. Web: DowntownErinMills.com
Fairground Lofts by Wycliffe Homes
Urban lofts are coming to Woodbridge Village. Register now for preview. Web: FairgroundLofts.ca
Grand Palace by Guizzetti Corp.
Register now for the timeless art of living! Now under construction. Web: GrandPalace.ca
Park City Condominiums By Tobyn Park Homes
Currently in pre-construction at Walkers Line and Upper Middle Road in Burlington. Register now. Web: ParkCityLiving.ca
Pinnacle Uptown by Pinnacle International
Construction has started on Mississauga’s live-work-play community. Register today. Web: PinnacleUptown.com
Rain Condominiums by Empire Communities
Coming soon to Oakville – the South Tower at Rain Condominiums. Register now. Web: RainCondos.com
112 New coNdo GuIde october 5 - 19, 2013
Skycity Condominiums by Pemberton Group
Now registering, UV2 – the North Tower. South Tower is already 90 per cent sold and under construction. Web: uv2.ca
Windows on the Green by Vandyk Communities
A beautiful selection of condos coming soon to Mississauga on Erin Mills Pkwy. Web: WindowsOnTheGreen.ca
Legacy Park by Liberty Development
Register now for the grand finale at Thornhill City Centre – iconic architecture, urban suite designs and fabulous park views. Web: LegacyParkCondos.com
new releases & grand openings Allegra by Nova Trimax
Affordable luxury, steps from the Village of Woodbridge. Construction started on Phase 1. Web: AllegraCondos.com
Garden Court Condos by Monarch
Now open in Markham. Visit the Experience Centre at 10350 Woodbine Ave. Web: MonarchGroup.net
PSV2 & Parkside Village Townhomes by Amacon Developments
Offering the convenience of downtown living with the tranquility of a suburban context. Grand opening. Web: LifeAtParkside.com
GTA Edition October 5 - 19, 2013
Your complete source for condos, lofts and townhomes in the 905 region
IN THIS SECTION Maps and listings for new condo communities in the 905 region Builder news and the latest in condos in the 905
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* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
Bolton
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Telephone
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2
GREAT GuLF HOMES
Twenty Lombard
416-499-8883
•
7
GREAT GuLF HOMES
HOT
905-828-4257
•
17
PEMBERTON GROuP
Downtown Erin Mills Condominiums
905-630-6300
34 PINNACLE INTERNATIONAL
Pinnacle Uptown, Crystal 2
45 EMPIRE COMMuNITIES
Rain Condominiums
Price Range
Page
Finder 17
16K
from $274,000
39
16M
•
from $320,000
9
6C
905-568-9000
•
from $255,000
117
19K
raincondos.com
•
from $250,000
6
17Q
from $270,000
4
CONSERvATORY GROuP
Mirage
905-232-2400
•
5
AMACON
PSv2
905-273-9333
•
8
FERNBROOK HOMES
Absolute World
416-869-6057
8
CITYzEN
Absolute World
416-869-6057
10
AMACON
The Residences at Parkside village
905-273-9333
12
ALTERRA HOMES
Renaissance in Olde Brampton
416-710-1010
14
PEMBERTON GROuP
Rosedale village Golf & Country Club
905-799-5000
16
vANDYK COMMuNITIES
Windows on the Green
905-822-3333
18
RETIREMENT LIFESTYLE COMMuNITIES
Palisades on the Glen
905-820-8210
•
19
uNITED LANDS
Stonebrook II
905-822-8858
•
21
CASINO BAY DEv. CORP./TODDGLEN
Panoramic Point at Brewery Bay
1-866-611-5525
•
from $264,000
7Q
27
INzOLA GROuP
Park Place
905-451-7001
•
from $310,000
14G
30 PINNACLE INTERNATIONAL
Pinnacle Grand Park 2
905-276-3981
•
from $250,000
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
17P
38 TRIDEL CORPORATION
Metrogate - ventus 2
416-293-5535
•
•
from $302,000
19J
38 TRIDEL CORPORATION
ventus at Metrogate
416-293-5535
•
•
from $344,000
19J
46 MATTAMY HOMES
The Mount Pleasant village
mattamyhomes.com
•
from $200,000
20M
47
Daniels Erin Mills
905-306-6996
•
from $200,000
17M
THE DANIELS CORPORATION
*TH:*TH: Townhomes, Townhomes, C: Condo C: Condo
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
•
•
•
20K
18M
from $188,000
21K
from $188,000
21K
•
from $250,000
21K
•
from $295,000
13D
•
from $346,000
12E
from $300,000
17M
from $290,000
17M
22N
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
#
115
1
A
2
3
4
5
6
7
8
9
10
11
12
13
14
15
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
16
17
18
19
20
East
26
Key Maps To wn of O sh awa
•
14
REMINGTON GROuP
The Signature Condominium
905-948-9900
•
32 LIBERTY DEvELOPMENT CORP.
Royal Gardens
905-889-9997
12
7 407
Markham
ion R
TH* C*
905-731-8302
Town of Markham
11 Concess
Telephone
Legacy Park
10 Concess ion R
Builder LIBERTY DEvELOPMENT CORP.
9 Line
# 13
Hwy. 48 le Dr
2
6
Raymervil
Rd
Aldergrove Dr
n
14 Ave
Main St S
34
de
Al
2
Bullock Dr Hwy 7
407
28
McCowan Rd
Hwy. 27
25
Major Mackenzie
15
7 14
404
Site
Kennedy Rd
St
45
16 Ave Carlton Rd
Ave
John
18 Ave
Warden Av e
Woodbin e
905regionalmaps: Maple, Thornhill, Richmond Hill, vaughan, Markham, Ajax, Whitby, Oshawa
Leslie St
8
Cachet Pkwy
404
e
116
16th Ave.
32
Steeles Ave E
Steeles Ave W
Elgin Mills Rd
Leslie St
e
Clark Ave W
rn Ave
Centre St
40
24 1 13
23
4
Thornhill Henderson Av
407
404
1
Strathea
Langstaff Rd
31 30 Yonge St
7
Bayview Ave
e Av
22
G 407
43 10
7
Elgin Mills Rd Neal Dr
n to
41 26
24
401
19 Ave
Major MacKenzie
Weldrick Rd W Denham Dr
ng Isli
50
t nce S Clare Kipling Av
F Rd Langstaff
19th Ave.
Richmond Hill
Rutherford Rd
400
St
n
20
Regent St Mill St
Maple
401
Gamble Rd Yorkland
29
E
St
25
Bathurst
Huntingto
11
Major Mackenzie
St
D
Dufferin
y Cr
Teston Rd
Nashville Rd
400
Jefferson Sideroad
Keele St
Kirby Rd
Jane St
Rd
Pine Valle
C
23
401
Weston Rd
Cold Cree k
12 Line Rd
King-Vaughan Rd
To wn of Ajax
City of Pickerin g
Yonge St
King Rd
22
To wn of W hitby
Bloomington Sideroad
B
21
Denison St
Price Range
Page
Finder 65
10G
from $250,000
121
18F
•
from $279,000
Insert
14F
43 GuIzzETTI DEvELOPMENTS
Grand Palace
905-907-4370
•
from $295,000
123
12E
44 LIBERTY DEvELOPMENT CORP.
Centro Square Condos 2
905-851-8877
•
from $278,000
Insert
4G
46 EMPIRE COMMuNITIES
The Mark
905-554-5015
•
from $250,000
6
21E
1
MONARCH CORPORATION
Garden Court
416-495-3595
•
from $380,000
16D
2
FLATO DEvELOPMENT
Arthouse
905-554-8722
from $200,000
22E
4
TRIDEL CORPORATION
Renaissance of Richmond Hill
416-736-9500
•
from $740,000
12G
7
MINTOuRBAN COMMuNITIES INC.
WaterGarden
416-915-3800
•
from $254,000
11G
10
GREAT LANDS CORP.
The Beverly Hills Resort Residences
905-882-6636
from $250,000
13F
11
TRIAxIS DEvELOPMENT INC/MARINO DEvELOPMENTS
Courtyards of Maple
416-798-7070
•
from $390,000
8E
12
GREENPARK HOMES
uv2
905-554-6501
•
from $253,000
22F
20 SOLMAR DEvELOPMENT CORP
Bellaria Residences
905-417-8482
•
from $240,000
7E
22 QuADRA MGT. & SCEPTRE DEvS.
Renaissance Court at Woodbridge Gates
905-851-4220
•
from $505,000
3G
22 WYCLIFFE HOMES
Fairground Lofts
905-605-5900
•
from $340,000
3G
24
The Fountains
905-731-8302
•
from $272,000
10F
26 RICE DEvELOPMENT
Ambria
905-796-3630
•
from $340,000
3F
28 CHESTNuT HILL HOMES
San Francisco by the Bay
905-831-3631
•
from $200,000
22C
31
LIBERTY DEvELOPMENT CORP.
PEMBERTON GROuP
•
•
Miracle at Yonge
905-709-5700
•
from $280,000
12F
31 PEMBERTON GROuP
Sky City
905-709-5700
•
from $320,000
12F
31 PEMBERTON GROuP
Sky City 2
905-709-5700
•
from $320,000
12F
32 SIGNATuRE COMMuNITIES
TAO Boutique Condos
905-597-2535
•
from $200,000
14F
34 SIERRA HOMES
68 Main Street
905-305-0822
•
from $250,000
22F
40 NOvA TRIMAx
Allegra
905-850-6866
•
from $250,000
1F
41
vista Parc Condominiums
905-850-8883
•
from $260,000
3F
The 6th Angus Glen
905-887-9950
•
QuADCAM DEvELOPMENT GROuP INC
45 KYLEMORE COMMuNITIES *TH: Townhomes, C: Condo
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
19E
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554
Location, Location
// By anthony Jong
MarkhaM
Anthony Jong BA (Hons), M. Arch. is a broker who specializes in residential homes, condos and commercial properties. He can be reached at anthonyjong@live.com, online at: anthonyjong.ca, and by phone at 416.836.2821.
H
istorically, the township of Markham was an agricultural community that did not begin to take shape until after Second World War. As the Toronto core began to expand outward after the war, Markham slowly changed into an urban community. The construction of Hwy. 404 in the 1970s further accelerated the transformation, helping Markham grow into the city it is today. Markham is the fourth-largest community in the Greater Toronto Area, with a population just tipping 300,000. Markham officially changed its status from a town to city on July 1, 2012 due to its continuous growth. Markham has also experienced a huge real estate boom in the past decade. In July 2013, homes in Markham sold for an average price of $655,820, much higher than the GTA average of $513,246. 118 new condo guide october 5 - 19, 2013
History and community development put this city on the map for new-home buyers
This growth has kick-started infrastructure improvements along Hwy. 7, namely the Viva Bus Rapid Transit Line (BRT). The federal and municipal governments have recognized the growth of York, particularly Markham, and contributed $85 million toward a $1.4-billion expansion of VivaNext Rapidway projects. The new BRT will run west along Hwy. 7 toward Unionville GO station. These rapidways have dedicated centre lanes on Hwy. 7 for existing Viva buses to connect to neighbouring transit systems such as GO Transit, Brampton’s Zum and TTC. Completion of the Markham portion of the BRT is estimated to be in late 2014. Main Street Unionville is a designated Heritage Conservation District that was founded in 1794. Business began to open up in the area in the late 1800s after the construction of the railway in 1872. Subdivisions began construction around Main Street in the late 1960s after the revival of the beautiful Victorian buildings in this community. Today, Main Street is considered a prized local tourist destination with renowned restaurants, pubs, bakeries, candy shops, beautiful architecture and scenic trails and parks ideal for a nice afternoon stroll. The Unionville Festival is a crowd pleaser that attracts thousands to Main Street annually. There are 18 community centres in Markham, including the recently opened Cornell Community Centre and Library, connected to the Stouffville hospital. The centre boasts a triple gymnasium, aquatics centre, library, health and fitness centre, indoor track, rehearsal hall, mature adult and youth centres, as well as an indoor children’s playground which combine to form a campus lifestyle.
on tHis page Pictured aBove
Downtown Markham Viva Station Pictured Left
Main Street Unionville on opposite page Pictured BottoM
toogood Pond Photo courtesy of Henry chan
One of my favourite community facilities in the GTA is the Angus Glen Community Centre and Library. Completed in 2005 and designed by Shore Tilbe Irwin + Partners, this 160,000-sq.-ft. multi-faceted building houses two NHL-sized ice rinks, double gymnasiums, a 25-metre six-lane pool, a splash pad and library. Walking from the west to east side of the building, a multitude of materials – from exposed concrete, large-scale brick, structural steel, exposed timber columns and beams, zinc panels, metal siding, aluminum curtain wall and windows, translucent panels, and acoustic panels, meld together into one architectural masterpiece. Originally a cattle farm, the Angus Glen Golf Club has long been a main attraction for golfers around the GTA. This championship course features two 18-hole layouts designed by golf pro Davis Love III, and hosted the Canadian Open in 2002 and 2007. Homes adjacent to the golf course are highly sought after. Performance art lovers frequent the Flato Markham Theatre that features community performances and professional shows. Live musical concerts and dance productions attract people of all ages. The 530-seat theatre features 20 metres of stage and box seats for a VIP experience. For teens interested in pursuing the arts, Unionville High School offers a program of eight specialized courses that focus on dance, drama, music (piano, strings, vocal, winds, brass, percussion), or visual arts. Admission to the Arts Unionville Program in grade nine is limited upon successful completion of the grade eight program, which
is available only to students residing within the area of Unionville H.S. It is extremely competitive to be accepted into the program, as Unionville is regarded as one of the premier high schools in the region. Athletic teens also have their own school in Markham. Bill Crothers Secondary School, one of the newest in York Region, is an athletic-based high school with three sports fields on 32 acres of land. Two fields have artificial turf for soccer, field hockey, football and track and field, while a third is used exclusively for soccer. Both the Unionville H.S. and Bill Crothers S.S. rank above average by Fraser Institute. There are several well-established neighbourhoods in Markham, like the older charming areas in the heart of Unionville. New subdivisions, like Upper Unionville at Kennedy Road and 16th Avenue, offer an abundant selection of homes conveniently close to amenities. The city has grown so large that downtown Markham will eventually be the centre of attraction. With a master plan of more than 10,000 condos and townhouses in the area, a 200-room boutique Marriott hotel, more than 100,000-sq.-ft. of fitness facilities, plus parks and nature trails, 3.4 million sq. ft. of premium office space, and two million sq. ft. of retail space including a 2,400-seat Cineplex theatre, it is any wonder Markham is on the map for potential new-home buyers and investors? If you and your family are searching for a place to live with established schools, amenities at your doorstep, and a community that is not only expanding but also steeped in history, Markham should be on the top of your list. october october 5 - 519,- 2013 19, 2013 new new condo condo guide guide 119 119
in the news
Doors open at Downtown MarkhaM! Remington celebrates the official unveiling of Downtown Markham’s new presentation centre
MarkhaM Mayor Frank scarpitti, executives from The Remington Group and special guests gathered for the recent official unveiling of Downtown Markham’s newly designed presentation centre. “We were absolutely thrilled to open the doors of the newly designed presentation centre,” says Teresa Roppo, Remington’s director of sales and marketing. “After the success of Downtown Markham’s preceding phases, we wanted to create a sales office that fully reveals the potential of this masterplanned community. We were also pleased by the attendance of the many supporters and special guests.” Among the multitude of guests were The Remington Group’s executives Rudy Bratty, Jerry Bratty, Matthew Bratty, Mark Bratty, Chris Bratty and Michael Bratty. The executive team was joined by Markham Mayor Frank Scarpitti, Deputy Mayor Jack Heath, Ward 2 Councillor Howard Shore, Ward 3 Councillor Don Hamilton, Ward 5 Councillor Colin Campbell, Ward 7 Councillor Logan Kanapathi, Ward 8 Councillor Alex Chiu and Regional Councillor Joe Li and Commissioner of Development and Services Jim Baird. Located at Warden and Hwy. 7, Downtown Markham’s 243-acre awardwinning community will feature residential, retail and commercial uses alongside 72 acres of parkland and the Rouge River Valley. The master-planned community will also boast a 62,000-sq.-ft. theatre from Cineplex Entertainment and more than three million square feet of premium office space. With seven residential phases launched, Remington is poised to shortly
release details of the community’s next phase – The Signature Condominium Collection – later this fall. The first hotel-condo in the 905, The Signature will feature a sophisticated Marriott Hotel and will provide condo residents with a lavish lifestyle, offering exceptional services from this global hospitality industry leader, on an a la carte basis. “The City of Markham is among one of the fastest growing cities in North America,” says Roppo. “And Downtown Markham is at the centre of the area’s growth. With distinctive condominium options at an affordable price, a mix of employment and entertainment options, unsurpassed transit access, and now the addition of a world class hotel brand, Downtown Markham is the place to be.” Combining style and sophistication with an outstanding location, Downtown Markham will provide residents with a play to live, work and play. For your own tour of Downtown Markham’s new presentation centre, visit 162 Enterprise Blvd. from Monday to Thursday, noon to 6 p.m., and on Saturdays and Sundays from noon to 5 p.m. For more information visit downtownmarkham.ca. To register or for more information on The Signature Condominium Collection, please visit signaturecondominiums.ca.
120 new conDo GuiDe october 5 - 19, 2013
COMING SOON
MARKHAM’S FIRST EXCLUSIVE HOTEL AND CONDOMINIUM FIRST IN DESIGN FIRST IN LUXURY FIRST IN AMENITIES It’s the first condominium of its kind in Markham: exquisite condominium residences paired with one of the world’s most respected hotels. Each residence grants access to premium hotel amenities like gourmet dining, European-inspired spa, even 24/7 room service. Also at your doorstep: two Rooftop Terraces, Party Room, Fitness Centre, and all the offerings of Downtown Markham.
FROM THE MID $200s REGISTER NOW 905.948.9900
SIGNATURECONDOMINIUMS.COM EXCLUSIVE LISTING BROKERAGE: BAKER REAL ESTATE INCORPORATED. BROKERS PROTECTED. PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. ILLUSTRATION IS ARTIST’S CONCEPT. E.&O.E.
october 5 - 19, 2013 new Condo Guide 121
Make your Move
How consumers can take steps to
protect their goods in transit Moving a hoMe filled with furniture and fragile property to a destination without any scratches, breakage or loss is the sign of a reputable mover. But damage to a customer’s goods can occur even with the besttrained movers. Now, imagine what happens to goods moved carelessly by untrained, scam operators using poor equipment, without insurance. Who is responsible for loss or damage? The Canadian Association of Movers (CAM) says consumers need to recognize the risks, understand who’s liable and take steps to protect themselves. Homeowner’s insurance probably does not cover your household goods in transit. It’s important that consumers understand what the mover will do in the event of a problem, ask questions and get the answers in writing. The liability for loss or damage is shared between the consumer and the mover. In law, a mover’s liability is only $0.60 per pound per article moved, and the consumer assumes the remainder of the risk. This means that for a 50-pound TV, the mover’s liability is $30. This coverage is generally not sufficient to protect the customer. Household goods, on average, are worth $10 per pound or more.
A reputable mover will offer to accept the customer’s risk for a fee or include this coverage in the price of the move. The fee may be based on either the value that the customer declares for the goods, or the $10 per pound average. A reputable mover will offer to accept the customer’s risk for a fee or include this coverage in the price of the move. The fee may be based on either the value that the customer declares for the goods, or the $10 per pound average. The mover is not liable for loss of or damage to contents of customerpacked boxes unless there is negligence by the mover. If the consumer has to file a claim for lost or damaged articles, it’s the mover’s option whether to arrange for repair or replacement within limits of the mover’s liability. A mover is only required to replace or repair the lost or damaged piece or pieces of a set – not the complete set. The mover is not liable for damage to mechanical, electronic or other operations of articles such as radios, clocks, appliances and musical instruments, irrespective of who packed or unpacked them, unless the mover performed or arranged for servicing and preparation of these articles prior to the move. Neither is the mover liable for 122 new condo guide october 5 - 19, 2013
deterioration of or damage to perishables like food or plants. Remember that your computer is replaceable but the data it contains is not. So back it up and, at minimum, carry the backup with you if not the entire computer. Movers are liable only for goods that are disclosed to the mover on the face of the contract – the Bill of Lading. If items are carried by the mover without knowledge and the customer claims loss or damage, the mover cannot be held liable. Consumers should not put jewelry, money, stocks/bonds and important documents in with the household shipment, but should carry these themselves. Items of extraordinary value should be appraised before shipping to ensure that their valuation is understood by both the mover and consumer. Ask for an explanation of your risks and the steps the mover will take to reduce those risks. It’s easier to fix a problem before it happens than to try to get compensation after the fact. And get all your agreements with the mover in writing. Your best bet is to hire a reputable mover. Contact CAM for assistance in finding an ethical mover who is professional, subscribes to CAM’s code of ethics and business standards, and commits to mediation in the unlikely event of a dispute.
NO
WU
Escape to our
ND
ER
CO
NS
TR U
CTI
indoor garden ...
and love winter again
STARTING FROM
Winter Garden Lobby
$295,000*
Indoor Pool & Spa
LIVE FREE
FOR A YEAR PROGRAM*
$10,000 on closing to put towards your mortgage or use as you wish We pay your maintenance fee for one year from occupancy date 15% Easy Deposit structure
RICHMOND HILL’S MOST ANTICIPATED LUXURY CONDOMINIUMS
*Ask for details.
WINTER GARDEN LOBBY | 24-HOUR CONCIERGE | SPA / FITNESS STUDIO | YOGA STUDIO | SAUNA | POOL PARTY ROOM / CONFERENCE ROOM | GUEST SUITE | SUNBATHING TERRACE | RETAIL SHOPS
Visit our presentation centre today.
YONGE ST.
WELDRICK RD.
BAYVIEW AVE.
MAJOR MACKENZIE DR.
16TH AVE.
PRESENTATION CENTRE
9612 Yonge St. Richmond Hill 905.907.4370 www.grandpalace.ca
Exclusive listing: Royal LePage —Your Community Realty Brokerage Broker Protected E&EO. Prices and Specifications are subject to change without notice. Illustration is artist concept. october 5 - 19, 2013 new Condo Guide 123
ON
homebuyers’ help
Condo hunter’s CheCklist
When shopping for your dream condo, carry this list with you and take notes to help you remember what you saw, and where! condo #1
condo #2
condo #3
condo #4
Project & address:
Project & address:
Project & address:
Project & address:
Salesperson:
Salesperson:
Salesperson:
Salesperson:
Phone:
Phone:
Phone:
Phone:
Developer/builder:
Developer/builder:
Developer/builder:
Developer/builder:
Type:
Type:
Type:
Type:
2-storey highrise bungalow
detached conversion townhome
2-storey highrise bungalow
detached conversion townhome
2-storey highrise bungalow
detached conversion townhome
2-storey highrise bungalow
detached conversion townhome
Sq. Footage:
Sq. Footage:
Sq. Footage:
Sq. Footage:
# of bedrooms:
# of bedrooms:
# of bedrooms:
# of bedrooms:
# of bathrooms:
# of bathrooms:
# of bathrooms:
# of bathrooms:
Interior appliances:
Interior appliances:
Interior appliances:
Interior appliances:
Options:
Options:
Options:
Options:
Parking facilities:
Parking facilities:
Parking facilities:
Parking facilities:
Special incentives:
Special incentives:
Special incentives:
Special incentives:
Price:
Price:
Price:
Price:
Down payment:
Down payment:
Down payment:
Down payment:
Condo fees:
Condo fees:
Condo fees:
Condo fees:
Financing available:
Financing available:
Financing available:
Financing available:
Other comments:
Other comments:
Other comments:
Other comments:
124 new Condo Guide october 5 - 19, 2013
ONE YEARLIP TS FREE BOAAGE & STOR $5,000 APPROX. U L VA E*
Whether you’ve lived in Port Dalhousie for much of your life… or whether you’ve always wanted to live in this kind of waterfront location, Port Place offers you a once-in-a-lifetime opportunity to enjoy a carefree condominium lifestyle like no other!
CONSTRUCTION STARTING SOON DROP IN & TOUR OUR ALEX-CHAPMAN DESIGNED MODEL SUITES TODAY. STARTING FROM
$297,990
ST. CATHARINES
SPECIAL LIMITED-TIME BONUS OFFER: Reduced prices for next 20 4 purchasers only.
PORTPLACECONDOS.COM
905.937.5811
Sales Centre Hours: Monday to Friday: 1pm to 7pm, Saturday & Sunday: 11am to 5pm *For a limited time only, the Port Dalhousie Marina is offering a special bonus for boaters with ONE YEAR’S FREE BOAT SLIP & STORAGE – valued at $5,000 – to purchasers at Port Place who wish to berth their pleasure boat just steps from their new home. Talk to a Sales Rep for complete details. Prices and specifications are subject to change without notice. E.&O.E. october 5 - 19, 2013 new Condo Guide 125
DESIGNER PROFILE
INSIDE A CREATIVE MIND Q
What role does design play in your life? Design plays a huge role in my life. I’m always looking for inspiration for our next collection which can come from anywhere — through my travels, movies, the latest fashion trends, and magazines.
Q
You’ve married into the Korhani family company, what is it like working with your husband? Some people may find it challenging to be around each other that much, but for us it just works. We are always brainstorming together, and constantly pushing each other creatively. Some of our best ideas have come from a drive to the cottage for the weekend, or over a glass of wine and a movie.
Q
NEW CONDO GUIDE CHATS WITH KIRSTEN KORHANI, chief designer and creative director at Korhani Home, who has been leading the way in merging style and fashion for home. Her innovative designs, affordable floor coverings and decorative accent pieces have driven the brand to create products that have become statement pieces in homes across the globe.
126 NEW CONDO GUIDE OCTOBER 5 - 19, 2013
Can you take us through the design process of creating a collection of rugs? The design process starts with an inspiration meeting with myself and the Korhani Home design team. We come up with conceptual items, mood boards and colour guides for each theme in the collection that we feel will be on trend for the following season. The rug qualities and designs are based primarily on the time of year. For example, for our fall/winter ’13 collection, we focused on qualities such as wool and heavier shags, and worked with a deep colour palette. As for spring/summer ’14, I can’t give too much away but expect to see bright, bold colours and patterns made with qualities like flat weave and plastics. Once we have finalized our collections and style guide, we go to work on the individual designs. And then from there, final drawings are sent to our manufacturing facility in Sorel, Quebec to begin production.
Q
You masterfully marry fashion and décor together for your runway presentation during World MasterCard Toronto Fashion Week and it’s a huge hit each season. Why do you think fashion and décor go hand-inhand, and how hard is it to make rugs into fashion garments?
Model Home Photography Compliments of The Daniels Corporation www.danielshomes.ca www.danielsfirsthome.ca
The Daniels Corporation’s Model Suite at Daniels FirstHome™ Hazelton Place in Erin Mills designed and decorated by Daniels’ Interior Design Team
october2013 daniels has been featured as “model suite of the month” in the new condo guide model suite calendar
homebuyers’ help
condo buyers’
resource section
You love the condo, see what You can afford! Compare mortgage rates for your best deal Calculate your mortgage payments using the mortgage payment calculation chart
october 5 - 19, 2013 new Condo Guide 129
homebuyers’ help
Calculate your mortgage payments interest rate
amortization period
chart figure
mortgage amount ÷ 1,000
monthly payment
example: 5%
25 years
5.82
125 (mortgage amount $125,000)
$
Follow these steps to see if you’ll qualify for a mortgage on your dream condo 01 Calculate the combined monthly before-tax income of you and your spouse. 02 Divide by three. This figure is the monthly payment you can afford to make on your condo. 03 Take the total price of the condo and subtract the amount of money you expect to make as a down payment. This is the money you will have to borrow.
130 new Condo Guide october 5 - 19, 2013
04 Refer to the chart on the opposite page. Look down the left column and locate the interest rate you expect to pay. Line this up with the amortization period of your choice. (Most first-time buyers take the 25-year amortization.) 05 Multiply this figure by the amount you need to borrow. Divide by 1,000.
06 Add to this your estimated monthly heating costs and monthly property taxes. 07 If this figure is equal to or less than one-third of your gross monthly income (calculated in Step 2), you’ll qualify for a mortgage on your dream condo.
bear in mind that this is a rough estimate. if you have several other large loans already, you may qualify for less. also, banks and trust companies vary in their policies. The best way to know what you can afford is to go to the lending institution of your choice and get pre-qualified.
mortgage payment calculation chart
%
inTeresT raTes 3.00%
amortization periods 10 years 9.65
15 years 6.90
20 years
25 years
30 years
5.54
4.73
4.21
3.25%
9.76
7.02
5.66
4.86
4.34
3.50%
9.88
7.14
5.79
4.99
4.48
3.75%
9.99
7.26
5.91
5.13
4.61
4.00%
10.11
7.38
6.04
5.26
4.76
4.25%
10.23
7.50
6.17
5.40
4.90
4.50%
10.34
7.63
6.30
5.53
5.04
4.75%
10.46
7.75
6.44
5.67
5.19
5.00%
10.58
7.88
6.57
5.82
5.34 5.49
5.25%
10.70
8.01
6.74
5.96
5.50%
10.82
8.14
6.85
6.10
5.64
5.75%
10.94
8.27
6.98
6.25
5.79
6.00%
11.07
8.40
7.12
6.40
5.95
6.25%
11.19
8.53
7.26
6.55
6.11
6.50%
11.31
8.66
7.41
6.70
6.26
6.75%
11.43
8.80
7.55
6.85
6.42
7.00%
11.56
8.93
7.69
7.00
6.59
7.25%
11.68
9.07
7.84
7.16
6.75
7.50%
11.81
9.21
7.99
7.32
6.91
7.75%
11.94
9.34
8.14
7.47
7.08
8.00%
12.06
9.48
8.28
7.63
7.25
8.25%
12.19
9.62
8.44
7.79
7.42
8.50%
12.32
9.76
8.59
7.95
7.59
8.75%
12.45
9.90
8.74
8.12
7.76
9.00%
12.58
10.05
8.86
8.28
7.93
9.25%
12.71
10.19
9.05
8.45
8.10
9.50%
12.84
10.33
9.20
8.62
8.28
9.75%
12.97
10.48
9.36
8.78
8.45
10.00%
13.10
10.63
9.52
8.95
8.63
10.25%
13.24
10.77
9.68
9.12
8.80
10.50%
13.37
10.92
9.84
9.29
8.98
10.75%
13.50
11.06
10.00
9.46
9.16
11.00%
13.64
11.22
10.16
9.63
9.34
11.25%
13.77
11.36
10.32
9.80
9.52
11.50%
13.91
11.52
10.49
9.97
9.70
11.75%
14.04
11.66
10.65
10.15
9.88
12.00%
14.18
11.82
10.81
10.32
10.06
12.25%
14.32
11.97
10.98
10.49
10.25
12.50%
14.46
12.13
11.15
10.67
10.43
12.75%
14.59
12.28
11.31
10.85
10.61
This table shows the monthly payment of principal and interest for each $1,000 of mortgage. example: The monthly principal and interest payment for a $125,000 mortgage with a 25-year amortization period at 5% is as follows: ($125,000 รท 1,000) x 5.82 = $727.50 october october 5 - 519,- 2013 19, 2013 new new Condo Condo Guide Guide 131 131
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Compare mortgage rates for your best deal 3 years
4 years
5 years
Atb Financial
CharTered banKs
2.6
4 6.30op
2.94 6.30op
2.89 6.50op
3.09
3.49
3.84
Alterna Svgs/Alterna bk
2.95
4 6.30op
3.09 6.30op
3.14
3.39
3.49
3.69
3
4 6.30op
3.14 6.30op
3.14
3.95
4.74
3.89
2.8
4.55 6.45op
3.75 6.50op
2.79
3.99
4.39
3.99
4 6.45op
3.14 6.30op
3.14
3.95
4.54
5.34
3.09 6.35op
3.14
3.19
3.59
3.89
6.70op 4.45 6.20op
2.7 6.35op
3.95
3.13
4.99
3.69 3.89
bank of Montreal bank of Nova Scotia
Variable
canadian Western bank cIbc
6 months
3
HSbc bank canada
3
IcIcI bank canada
1 year
2 years
3.05
3.15
3.65
3.64
3.69
ING Direct
3
3.19
3.24
3.59
3.69
4.09
Manulife bank
3
4.45
3 4.00op
3.25
3.4
3.5
3.79
3.69
3.75
3.79
3.79
3.89
4.4 6.70op
3.14 6.70op
3.14
3.95
4.74
5.34
3.15
3.49
3.69
3.99
4 6.30op
3.14 6.30op
3.14
3.95
3.59
3.89
3.09 6.30op
3.14
3.65
4.54
3.79
Moncana bank National bank
n/a
President’s choice Financial
3
royal bank
3
tD canada trust
3
TrusT Companies community trust
n/a
6.5
3.14
3.25
3.95
4.74
5.34
effort trust
n/a
4.45 6.30op
3.25 6.30op
3.6
3.9
4.5
4.95
Home trust company
2.65
3.95
2.89
2.89
3.09
3.39
3.74
Investors Group trust
n/a
4.2 6.50op
3.14 6.30op
3.14
3.95
4.69
5.34
Mtcc
2.8
4.55 6.45op
3.75 6.50op
2.79
3.99
4.39
3.99
3.01 6.25op
3.1
3.33
3.65
3.99
2.99 6.30op
3.25
3.29
3.24
3.45
oTher FinanCial insTiTuTions Airline Financial c.U. comtech credit Union
4 2.95
First National Fin. LP Firstontario c.U.
6.2 6.40op 3.95
2.99
2.79
3.09
3.39
3.79
3.14
3.44
3.49
3.69
6.34op
3.09 6.34op
4.2 6.50op
3.14 6.30op
3.14
3.95
4.69
5.34
2.7
London Life
n/a
Luminus Financial
2.95
2.96 3.95
3.05
3.05
3.25
3.75
McAP
2.85
3.6 7.00op
3.95
4.35
4.89
5.14
Meridian credit Union
2.75
3.09 6.30op
3.14
3.65
3.29
3.49
4
Parama credit Union
2.85
2.9
2.69
3.2
3.45
3.55
Steinbach credit Union
2.5
2.5
2.7
2.9
3.05
3.25
teachers credit Union
4
3.1 6.50op
3.09
3.19
3.39
3.59
4.45 6.30op
Notes **Interest rate charged subject to adjustment during term mortgage. Please consult institution for term of years available. All rates are prime rates and subject to change without notice. r.o.r. rAteS oN reQUeSt op oPeN ----- Not QUotING n/a Not AVAILAbLe Sep. 23, 2013. Prepared by Fiscal Agents Financial Information Services 905.844.7700
october 5 - 19, 2013 new Condo Guide 133
index of advertisers 45 Charles Ltd. - Chaz Yorkville Condos
45
Augustine Group - Port Place Condos
125
Kingston Road Development - The Glen
111
Lanterra Developments - The Britt
11
Bazis Inc. - E Condos
19
Lanterra Developments - Treviso Condominiums
27
Bazis Inc. - Exhibit
23
Lash Group of Companies - Cloud 9 Condominiums
97
Bazis Inc. - One Yorkville
5
Liberty Development Corp. - Centro Square Condos 2
Camrost - Felcorp - Imperial Plaza
3
Liberty Development Corp. - Legacy Park
Camrost - Felcorp - Yorkville Plaza
1
Liberty Development Corp. - Royal Gardens
Insert
Insert 65
Canalfa Group - Liberty Central by the Lake
63
Liberty Development Corp. - Terrace on Danforth
Insert
Canpages - Promo
80
Liberty Development Corp. - World on Yonge
Insert
Chinese Home & Condo Guide - Promo
60
Lifetime Developments - The Inventory Boutique
31
City Core - Harmony Village Sheppard
69
Luxury Condos - Promo
72
40-41
Malibu Investments Inc. - Smart House
43
61
Menkes Developments Inc. - Corporate
Insert Insert
Cityplace - Newton Concert Properties - 88 Scott Cresford Development Corp. - CASA III
135
Menkes Developments Inc. - Harbour Plaza
Cresford Development Corp. - Corporate
IBC
MintoUrban Communities Inc. - 30 Roe
53
Cresford Development Corp. - Merton Yonge Condominiums
136
MintoUrban Communities Inc. - LongBranch
51
Davies Smith - Eleven Superior
95
Monarch Corporation - Corporate
INSERT
Dundee Kilmer Developments - Canary District Condominiums
55
Monarch Corporation - Lago
INSERT
Easton’s Group - Westinghouse Lofts
77
Monarch Corporation - The Epicurean
INSERT
Eden Shaw - Chaz Yorkville Condos
45
Pemberton Group - Downtown Erin Mills Condominiums
9
ELAD Canada - Biyu Emerald City
73
Pemberton Group - TEN93 Queen West
8
Empire Communities - Rain Condominiums
6
Pianosi Developments - Perspective Condos
Empire Communities - The HUB
6
Pinnacle International - Pinnacle Uptown, Crystal 2
Empire Communities - The Mark
6
Pinnacle International - The Pinnacle on Adelaide
Empire Communities - Water Tower at Eau Du Soleil
7
Queenscorp Residences - Watermark
109 121
Emsatec Canada Inc - The Brownstones 5
103
Remington Group - The Signature Condominium
Family of magazines - Promo
132
Rockport Group - The Nest
Fernbrook Homes/Cityzen Dev. - Garrison Point
75
Stanton Renaissance - On The Go
G & L Group Company - Toronto Redi-Mix
81
The Daniels Corporation - Cinema Tower Condominiums
Gairloch Investments - 383 Sorauren
107
The Daniels Corporation - High Park Condominiums
99 117 93
56-57 101 37 Insert
Gemterra - Love Condos
71
The Daniels Corporation - NY2
35
Great Gulf Homes - HOT
39
The Daniels Corporation - One Park Place South
15
Great Gulf Homes - Monde
29
Tribute Communities - Canterbury
59
Great Gulf Homes - One Sherway Condominiums
26
Tribute Communities - RCM I on University
59
Great Gulf Homes - Twenty Lombard
17
Tribute Communities - The College
59
Tridel Corporation - 101 Erskine
BC
Tridel Corporation - Spadina Queen
IFC
Guizzetti Developments - Grand Palace Home + Style Studio Tour and Sale - Promo 134 new Condo Guide october 5 - 19, 2013
123 79
ARRIV NG THIS FALL
YORKVILLE’S MOST ANTICIPATED NEW LUXURY CONDOMINIUM, the third phase of Cresford’s highly successful CASA brand, with lobby to be furnished with Hermès. The international signature of style comes to the best location in Toronto. Luxury Condominiums from the mid $200's. casacondominium.com or 416-486-CASA (2272) EXCLUSIVE LISTING BROKERAGE. BROKERS PROTECTED. PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. ILLUSTRATIONS ARE ARTIST CONCEPT. E.&O.E.
WORD ON THE STREET ACT NOW! WELL UNDER CONSTRUCTION - MOVE IN EARLY 2014
introducing
The Streetside Collection Urban 1 and 2 storey Townhomes from 1000 to 1700 sq. ft. with vibrant street access and private interior gardens. Centrally located in the heart of Davisville village, flanked by the lively neighbourhoods of Eglinton & St. Clair and located at Yonge & Merton. Steps to the subway, parks, trails and great shopping.
M ERTO N YO NGE TOWNHOM E S
N
DAVISVILLE PRESENTATION CENTRE MERTON
TTC SUBWAY
Fresh Urban Towns from the mid $500,000’s Tower Suites from the mid $400,000’s
YONGE
➤
EGLINTON
SITE ST. CLAIR
To see up-to-date construction progress visit cresford.com Visit the New Presentation Centre 170 Merton St. Toronto, ON. M4S 1A1 416.484.1900 myccondo.com
BROKERS PROTECTED. PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. ILLUSTRATIONS ARE ARTIST CONCEPT. E.&O.E. 136 new Condo Guide october 5 - 19, 2013
CRESFORD. STYLE. INSPIRATION. FASHION. DETAIL. LOCATION. DESIGN. TRUST.
Coming Soon Yorkville From the mid $200’s 416.486.CASA (2272)
Under Construction Yorkville From the high $200’s Penthouses Coming Soon 416.486.CASA (2272)
1THOUSAND BAY CONDOMINIUMS ON THE PARK
Under Construction Bay & Bloor From the high $300’s 416.485.3000
FROM COVETED LOCATIONS TO FASHION-FORWARD DESIGN TO SOPHISTICATED AMENITIES, CRESFORD DEVELOPMENTS DEFINES THE ESSENCE OF LUXURY CONDOMINIUM LIVING. THE FIRST RESIDENTIAL DEVELOPER IN CANADA TO DRESS UP THEIR CONDOMINIUMS WITH INTERNATIONAL FASHION LABELS, CRESFORD IS KNOWN FOR SUPERB QUALITY AND ATTENTION TO DETAIL. A TRUSTED NAME IN THE MARKET FOR OVER 30 YEARS, A CRESFORD CONDO INSPIRES CONFIDENCE AND SECURITY. VISIT OUR STUNNING PRESENTATION CENTRE AT 170 MERTON ST.
Under construction Yonge & Merton Urban Townhomes From the mid $500’s Tower Suites From the mid $400’s 416.484.1900
cresford.com
BROKERS PROTECTED. PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. ILLUSTRATIONS ARE ARTIST CONCEPT. E.&O.E.
Move in Now King West From the $400’s 416.867.3999
madison Made • for • living
MADISONHOMES.CA
Style is not measured in square feet Loblaws isn’t just in the area - it’s in The Madison
Crafted not Cloned
A variety of new home communities as unique as you are
MADI-COR-P-NEWSLETTER-F1.indd 1
13-09-16 4:17 PM
madison
Made • for • living
foundations Madison Homes is a family-run business with over 40 years of experience in building quality homes across the Greater Toronto Area. The company is built on a foundation of integrity and innovation that has been the basis of the company’s success from day one. Now, Madison is laying another foundation the concrete footings for the company’s flagship condominium project. When complete in 2015, The Madison at Yonge and Eglinton will be a major landmark at one of Toronto’s most vibrant intersections – a testament to one company’s pursuit of excellence, and a spectacular highrise home to hundreds of people seeking the best this city has to offer. With this premier edition of MADISON, we are saluting and celebrating one of the great neighbourhoods of Toronto…and one of its premier new addresses.
MADI-COR-P-NEWSLETTER-F1.indd 2
13-09-16 4:17 PM
inside 02
12 08
20
22
Page 02
The big Dig - Construction Report Page 08
Loblaws isn’t just in the area - it’s in The Madison Page 12
Connect with the new Eglinton LRT Page 20
Style is not measured in square feet:
The Madison’s new standard and upgrade packages Page 22
Crafted not Cloned
A variety of low-rise communities with homes as unique as you are
1
MADI-COR-P-NEWSLETTER-F1.indd 3
13-09-16 4:17 PM
Made • for • living
IT’S A “BIG DIG” THAT’S UNDERWAY STEPS FROM THE SOUTHEAST CORNER OF YONGE AND EGLINTON. WHEN IT’S DONE, MIDTOWN TORONTO WILL HAVE A REMARKABLE NEW LANDMARK ADDRESS.
2
MADI-COR-P-NEWSLETTER-F1.indd 4
13-09-16 4:17 PM
Top: High Rise Construction Manager: Blair MacNeill with members of the Highrise team. Bottom: Excavator at work.
Looking east into the excavation to P3 parking level.
“A lot of preparation and construction has to happen before a building of The Madison’s magnitude gets above ground. The entire first year is spent digging down 5 storeys and then building up 5 storeys. But once that’s done, the sky’s the limit!” Blair Macneill, High rise Construction Manager, Madison Homes
Construction at The Madison began in the fall of 2012, earlier than expected due to the tremendous success of sales. Since then, progress on the building has been proceeding right on schedule, thanks to 2012’s fabulous summer weather, followed by a mild winter.
By late summer of 2013, the massive concrete foundation will be fully constructed – a major milestone in the process that will then enable the installation of two overhead cranes on the site. This fall, we will be actively constructing the parking garage levels.
Once the perimeter site fence went up, our construction crews started working diligently on the site, first with shoring operations and then with the excavation of the 5-level parking garage. By the time the excavation is complete, we will have removed approximately 3.5 million cubic feet of earth from the site – or over 14,000 dump truck loads. This is equal to approximately 40 Olympicsized swimming pools.
Early in 2014, passersby will finally see the building structure back up to street level. After that, The Madison’s progress will be much easier to observe as it begins to rise high above Yonge and Eglinton. By late 2015, the building will be complete and its first residents happily accommodated in their new home high above the bustling city. 3
MADI-COR-P-NEWSLETTER-F1.indd 5
13-09-16 4:17 PM
Made • for • living
3
more
floors Can you ever have too much of a good thing? We don’t think so, which is why we’re happy to report that The Madison is gaining three more floors than originally planned.
4
MADI-COR-P-NEWSLETTER-F1.indd 6
13-09-16 4:17 PM
Over the past few years, The Madison’s planning and development team has been working very closely with City of Toronto staff at the Building, Transportation and Works Departments, Metrolinx, the local councillors’ offices and area resident groups, to obtain all the required approvals and permits for the construction of the project. This includes a “late-breaking development” with the decision to add three more levels to each tower making them 36 and 33 storeys in height.
What does this mean for the people of Toronto? A whole new range of penthouse residences to choose from – 60 more to be precise -- with even more breathtaking views of the city. If you’re interested in making one of these premier penthouses your own, then call 416-482-8090 to arrange a private appointment at The Madison Presentation Centre located in the lobby at 90 Eglinton Avenue East.
5
MADI-COR-P-NEWSLETTER-F1.indd 7
13-09-16 4:17 PM
What’s up at
mid town
?
6
MADI-COR-P-NEWSLETTER-F1.indd 8
13-09-16 4:18 PM
Made • for • living
7
MADI-COR-P-NEWSLETTER-F1.indd 9
13-09-16 4:18 PM
Made • for • living
Foo
A great place for foodies with a real taste for living.
The Madison will revolutionize retail in midtown Toronto, providing a new focus to the existing Yonge and Eglinton neighbourhood.
While it will become a destination for many, residents of The Madison literally will not have to travel more than a few steps to begin enjoying “convenience shopping”. Some of the biggest names in retail will eventually be setting up shop in the 16,000 square feet of space in the building’s ground level, with a street entrance off Eglinton.
But it is the 40,000 sq. ft. second level that residents of The Madison will find particularly convenient, given that it is dedicated to a beautiful and brand new Loblaws grocery store. Accessible by three dedicated elevators and an open escalator, the state-of-the-art supermarket will offer a wide range of all your favourite food items, including a huge take-out area tailored for young urban professionals seeking a ready-made gourmet meal. The new store will be a great addition to the local community, and a real breath of fresh air for any grocery shopper. It is designed
with the understanding that today’s hurried urban shopper visits a store at different times with different needs. Sometimes they are looking to get in and out quickly with a delicious hot meal while at other times, they are shopping to fill the pantry with a month’s load of groceries or more.
Either way, the new Loblaws will provide an unrivalled shopping environment that will dazzle and delight foodies who have been starved for alternatives to the congested food stores currently serving the fastgrowing condo neighbourhood at Yonge and Eglinton.
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Your New Neighbourhood Grocery
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Made • for • living
FRESH: Modern Vegetarian Cuisine A brand new Fresh restaurant will be opening this fall, across the street from The Madison at 90 Eglinton Avenue East, offering residents a healthy and delicious alternative. Fresh is Toronto’s original source for modern vegetarian food and made-to-order juice. After two decades, and with 3 bustling downtown locations, founder and co-owner Ruth Tal has returned to the midtown area she grew up in, to open her 4th location.
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“We’re innovators in the vegetarian restaurant scene,” says Tal. “Since our first days, we’ve made it our mission to prove that vegetarian food can be satisfying, energizing, and craveable. Our food is made in-house daily, from whole, natural ingredients, and our juices are made right before your eyes.” If you are new to vegan or vegetarian dining, don’t worry; the Fresh menu ranges from comfort food classics, like burgers, fries & onion rings, to new
superfood staples like raw zucchini noodles, steamed greens and quinoa salads. At the juice bar, try a freshly pressed carrot and kale juice, or a mint chocolate espresso shake. Rest assured, Fresh’s menu items have one thing in common – they are all delicious. With seating up to 90 guests, the new Fresh will have a friendly and casual environment that makes the world of vegetarian dining more approachable and fresher than ever.
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YONGE-EGLINTON has long been an “anchor hub” in the Greater Toronto public transportation system, with the Eglinton subway station serving as the heart of the Yonge Street line. Now, the intersection is poised to become an even more important and integral transit hub, thanks to an $8.4 billion light rail transit line now under construction and expected to be completed in 2020.
The hub already integrates the TTC subway with 14 bus routes, but it will soon be expanded to accommodate the new Crosstown Light Rail Transit expansion planned along Eglinton Avenue, enhancing The Madison’s already incredible connectivity. The LRT will be partially buried to separate it from car traffic, from around Keele Street in the west to Laird Drive in the east. When complete, the light rail system will be a boost for future growth and development in the area, making ownership at The Madison an even more lucrative investment.
With the eglinton lrt
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Photo provided by Metrolinx
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EGLINTON CROSSTOWN LRT: STOPS AND INTERCHANGE STATIONS - LEGEND
FUTURE PROJECTS
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Counter Culture This is NOT your Grandma’s kitchen. What you’re looking at is The Madison’s award - winning ‘Best Kitchen’ as judged by the Ontario Home Builders’ Association. Style is not measured in square feet. In the case of this award-winning kitchen, it is measured in the gleam of the granite countertops and in the rich wood grain of the cabinetry.
Infused with the inspired design of Munge Leung, every element in The Madison’s kitchens have been carefully considered and thoughtfully integrated. The result is a room that will not only bring out the chef in you, but which will be a focal point for parties with family and friends.
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1 Model W2C
1. High performance, plank laminate oor 2. Choose from a selection of designer series kitchen cabinetry
6. Designer series ceramic subway tile backsplash above counter 7. Under-cabinet task lighting
3. Black high gloss accent kitchen cabinetry
8. A convenient island and ush breakfast bar, as per plan
4. Granite countertop with polished double square edge
9. Full size stainless steel appliance package with black accents which includes built-in oven, ceramic cook-top, microwave hood fan, dishwasher and full size fridge
5. Stainless steel single bowl undermount sink with sleek single lever pull out faucet
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Made • for • living
It’s all in the
Décor Before you move to Yonge and Eglinton, a trip to the Sheppard and Dufferin area is in your future. For purchasers of The Madison, visions of their dream suite will soon become reality as our Design Team anticipates your arrival at the Madison Design Studio, located at 369 Rimrock Road, just off Sheppard Avenue West. This inviting 2,500 square foot gallery showcases all of the features and finishes available to personalize your suite at The Madison, including the latest products from flooring to cabinet colours. Purchasers will be able to choose from four incredible standard feature packages, and three upgrade packages, as designed and coordinated by Munge Leung.
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he design experience is as important
to us as it is to our purchasers. it’s essential to
be happy and serene in one’s own environment so we look forward to helping you choose the style that calls to your inner being. lisa vey Madison design consultant
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Design Studio appointments will begin in the fall of 2013. Purchasers are encouraged to bring in their own design ideas, colour swatches and samples from décor magazines. In life, fulfillment comes when we find happiness with our choices. At the Design Studio, Lisa and her associates will work to ensure you achieve that same goal with your living environment.
Selecting your décor is one of the most exciting (and fun!) parts of purchasing at The Madison. So study your floor plan and think about how you will use each individual area within your suite. The best way to help you achieve your dream suite is to help us understand your lifestyle, your likes and dislikes – then we can help you navigate through the choices available to you. With all the stunning finishes available for your choosing, we can guarantee one thing -- your finished suite will be absolutely fabulous!
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style is not measured in sQuare feet
When you want the best, hire the best. Munge Leung is one of Canada’s leading interior design firms, with a wealth of experience in five star hotels, luxury condominium developments and exclusive residential projects.
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It was that expertise that led to their invitation to join The Madison’s design team, and to fashion everything from the lobby and common areas of the building to its individual suite designs.
“With The Madison, our design team set out to maintain a classic aesthetic and a strong residential feel that would appeal to a wide demographic,” says Alessandro Munge, co-founder of the company. “With the four Standard décor packages and three Upgrade packages that we’ve put together, we are offering purchasers a veritable world of possibilities.” The Madison’s impressive Standard options deliver a modern and timeless aesthetic, reflecting the builder’s commitment to excellence and quality execution.
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in The Madison’s interior design, it’s not about the size of the suite. it’s in each suite’s spirit and style that true inspiration can be found. Each suite offers residents beauty, comfort and convenience with Standard finishes including engineered laminate flooring, customdesigned kitchens complete with granite countertops and glass ceramic subway tile backsplash, stainless steel with black accent appliances, custom-designed bathroom vanities with quartz countertops and Delta plumbing fixtures throughout.
For those who still want more, The Madison’s Upgrade options offer buyers a “step up” in suite finishes, offering granite countertops and backsplash in the kitchen, marble countertops, backsplash and tiling in the bathrooms, and upgraded plumbing fixtures throughout. With three sophisticated Upgrade schemes to choose from, The Madison offers residents a truly refined and luxurious residential aesthetic.
The overall design for The Madison’s suite interiors is focused on clean, modern luxury, offering a sophisticated range of finish options to suit one’s décor. And it is Munge Leung’s unique sense of style that helps make The Madison stand out amongst the selection of high-end condo developments being offered in Toronto today. 21
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Made • for • living
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DISCOVER MADISON’S LOW-RISE COMMUNITIES Besides the condominium living being offered at The Madison at Yonge and Eglinton, Madison Homes also currently has four low-rise communities being marketed in the GTA, each offering Madison’s signature quality and value in a preferred location.
Detached homes on 35’ and 41’ lots. Decorated Model.
Detached homes on 46’, 50’ and 60’ lots. Ravine lots available. Decorated Models.
Towns and Singles with Ravine Lots in a spectacular forest setting in Richmond Hill.
M a r k h am
M A RKH A M
Thornhill
Richmond Hill
905-201-7700
905-417-1203
905-770-8661
Cornell Cen
tre Blvd.
Semis and Detached homes on 30’, 36’ and 40’ lots. Decorated Models.
905-472-7667
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What’s coming
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Madison Homes is always looking forward to provide new and innovative ways for you to live. Here are just a few projects we are currently working on. St. Clair & Poplar Plains
609 Avenue Road
Thornhill Woods
Although this condominium project at the corner of St. Clair and Poplar Plains has yet to be named, it will be anything but anonymous when complete, with a contemporary look that will blend effortlessly with the urban fabric of the neighbourhood.
609 Avenue Road is an elegant 18 storey condominium tower soon to rise at Avenue Road and Lonsdale Avenue. Here, the discerning buyer will find affordable luxury, in a residence just steps from the stately mansions and tree-lined streets of one of the city’s most exclusive communities – Forest Hill.
Located at Bathurst and Lebovic Campus Drive, in the heart of Vaughan, this upcoming luxury condominium will be surrounded by an established residential neighbourhood and convenient shopping, and situated directly across from the area’s brand new Community Centre.
Joint venture developers Madison Homes and Fieldgate Homes are working with Kirkor Architects to put the finishing touches on this ultra-modern 11-storey residence in Lower Forest Hill Village, just a 5-minute walk to the St. Clair West subway and the local Loblaws. Residents will enjoy frequenting the shops and cafes of Forest Hill Village, as well as Sir Winston Churchill Park, with amenities that include a dog park, tennis court, playground, soccer fields and jogging track.
Behind its sleek and contemporary façade of timeless precast, classic brick and expansive tinted glass, 609 Avenue Road is being developed by Madison Homes and State Building Group, and will be comprised of only 93 exceptional suites in total. Generous in both proportion and panache, these exquisitely appointed residences will provide breathtaking views by day and night, and a complement of exquisite social and recreational amenities.
To Register at any one of these upcoming projects just visit us at
madisonhomes.ca
Residents will be able to access all of the Community Centre’s many amenities including its state-of-the-art aquatic centre, preschool and daycare programs, fitness and health activities, sports leagues, plus special programs for adults, boomers and beyond. In a joint venture development between Madison Homes and V!VA Retirement Communities, a new stateof-the-art 15-storey tower will be built, contemporary in its design and where residents will enjoy the building’s own well-appointed amenities such as a fitness centre, private dining room and lounge. It’s yet one more example of how Madison’s residential developments are “made for living”!
BRIAR HILL & DUFFERIN Coming soon to the corner of Briar Hill and Dufferin will be an inspired collection of sleek, urban townhomes exuding a fresh, modern spirit. Here residents will enjoy life in the city, in their choice of stylish one and two-level towns blending gorgeous interiors with outdoor living spaces including rooftop terraces, patios and courtyards. This exclusive enclave of homes is not only minutes from the shops and restaurants of Yorkdale Mall and public transportation, but will also be just steps from the future LRT station.
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Made • for • living
madison MADISONCONDOS.CA • 416-482-8090
SALES OFFICE
SITE
Sales office located at 90 Eglinton Ave. East. Hours: Monday to Wednesday 12 p.m. -7 p.m. Thursday & Friday by appointment only. Weekends and Holidays 12 p.m. -6 p.m.
WINNER OF ONTARIO HOME BUILDER’S ASSOCIATION AWARDS OF DISTINCTION
Designed by G. Ryan Design
Brokers Protected.
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