GTA New Condo Guide, Nov 2, 2013 by NextHome

November 2 - 16, 2013 Volume 17 Issue 20

INSIDE THIS ISSUE

CONDOMINIUM INSURANCE 101

WHY THE CONDO MARKET DIDN’T CRASH IN 2013

BEYOND THE BASICS: 5 DESIGNER ESSENTIALS

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editor’s note

What rules your

condo choice?

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

New-home buyers are often driven by different influences, but there’s no doubt that lifestyle is an increasingly important factor. Whether you’re considering a downtown highrise, a townhome near the beach, or a residential and recreational retreat in a golf course community, you’re likely looking to compensate for what you don’t have in your current home. The size of space is usually the issue – either too much or too little. Most young families are looking for more living space, and builders are designing interiors that maximize every square foot of living space to make the most of your money. As we get older, the quest for living space may take a different direction. Downsizing is usually the

answer, although many homeowners with existing homes in suburban or rural areas are acquiring townhomes or pied-à-terres in the city. An urban location gives owners and their friends a chance to enjoy the social and cultural activities of the city without having to drive for hours to get home afterwards. In today’s hectic world, your new home will be your retreat, so it’s important to find a home that suits your needs and your lifestyle. There’s lots in store in the pages that follow, from our Condo Profile features to the latest industry news, and everything you need to know about buying and owning a new home. Let us know what you think of this issue, we’d love to hear from you!

Insuring your

investment

Lydia McNutt

Editor

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

002 new Condo Guide november 2 - 16, 2013

A home is likely the most important investment most of us will ever make, both financially and emotionally speaking. Our homes represent our life savings and our future financial security, so make sure your investment is protected. As a homebuyer, whether it’s your first home or your fifth, now is the time to bone-up on property insurance. How much will it cost to fix your condo in case of a flood or fire? Can you pony up all that cash to cover those replacement costs? Not likely, which is why most lenders require that your home is insured on closing day. Make this a priority. But there are other types of insurance to consider that are related to home ownership. Is your down payment less than 20 per cent of the value of the condo you intend to purchase? If so, you’ll also require

mortgage loan insurance, which helps protect lenders against mortgage default. The lender pays the insurance premium and passes that cost on to you, payable up-front or, more commonly, added on to your mortgage. So, the lenders in the equation are covered, but what about you and your loved ones? Mortgage life insurance is a great peace-of-mind product that would protect your family and home in the event of critical illness, accident or death of the policy holder. Should the unthinkable happen, the policy would pay out the sum required to pay off the mortgage. As with any major life change, a home purchase sets the gears turning for a slew of issues you may have never considered before. Get educated and plan ahead.

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CONDOMINIUMS

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NOVEMBER 2 - 16, 2013 NEW CONDO GUIDE 003

new condo guide

contributors

Vice-President, Wall2Wall Media

Jacqueline Hill Editor-in-Chief / Director of Content

Susan Legge Director of Sales, National

Josh Heppner Associate Publisher SWO New Homes & Lifestyle Communities

Susan Maxwell Art Director

Sarah Jang Editor

Lydia McNutt Contributing Editors

BILD Report

Legally Speaking

Designer Advice

Bryan Tuckey

Jayson Schwarz

Yanic Simard

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

Sales Manager

Conni Robinson Senior Account Executive

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

Nina Downs nina.downs@wall2wallmedia.com

Sales & Marketing Co-Ordinator

Terry Bassett Administrative Assistant

Antoinette Jackson Production Manager

Bala Gnanapandithan Production Co-Ordinator

Condo pro

Condo Sense

Industry Insider

Sandra Hanak-Vujnovic

Barbara Lawlor

Don Kearney

David Hirsh

Graphic Designers

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.

Don Kearney is manager of customer communications and social media at Menkes Developments Ltd. Follow Menkes on Facebook at facebook.com/MenkesLife, and on Twitter at twitter.com/MenkesLife

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

Published By

Caroline Wassef Sandra Hanak-Vujnovic

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

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

Call 416.626.4200 for advertising rates and information. Circulation Free distribution in select high-traffic street boxes, stores, banks, financial institutions and select condominium sales offices. Copyright 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

Tarion Report

Howard Bogach

Howard Bogach is president and CEO of Tarion Warranty Corp. For more information about how Tarion helps new-home buyers, visit tarion.com or find them on Facebook at facebook.com/ TarionWarrantyCorp.

Investor Advice

Fitness Gallery

Andrew la Fleur

Mark J. Stables

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

Mark is founder of Benchmark Group and Movement Haus. His in-depth knowledge coupled with a passion for architecture and design yields an optimal exercise environment for today’s urban athlete. Visit online at movementhaus.com and benchmarkgroup.ca, or call 416.428.3536.

004 new Condo Guide november 2 - 16, 2013

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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008 NEW CONDO GUIDE NOVEMBER 2 - 16, 2013

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bild report

// By bryan tuckey

Making sense of the market

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).

ILD plays an important role in educating new and existing homeowners on issues related to the home building, land development and professional renovation industry, and the Home Show has proven to be a great place to have these kinds of conversations. So we teamed up with The Real Estate Talk Show to bring a panel of experts together for a consumer-focused seminar on buying, selling and investing in real estate in the GTA and more than 300 people attended. Our seminar was hosted by Real Estate Talk Show co-host Erin McCoy, and she called me up first to give an overview of the provincial and local public policies guiding the growth of the GTA today. I also spoke to the housing shift 010 new Condo Guide november 2 - 16, 2013

that we’re experiencing in the GTA as provincial policies have encouraged intensification and constrained land supply in the outskirts. We’ve shifted from selling and building mostly ground-related homes such as detached, semi-detached and townhomes to highrise homes. It was also important for me to broach the subject of home affordability. In the new-home market, the main factors are increasing land prices, construction, material and labour costs, and government-imposed fees and charges. Up next was Mary Stergiadis, principal of business development at Canada Mortgage and Housing Corp., who told the crowd about the various resources provided by the crown agency on its website, and options for homeowners who want to use mortgage loan insurance or access financing for energyefficient home improvements. Scotiabank’s Barry Ray, director of Toronto region, explained what to consider when seeking out a mortgage loan professional and offered some tips on how to be mortgage-free faster, such as changing your payment frequency or pre-setting a lump sum payment. In2ition Realty’s president, Debbie Cosic, spoke about the importance of assembling a team of experts and knowing your numbers when buying a new home. She also gave the audience some tips on doing their homework. Last but not least, Real Estate Talk Show co-host Simon Giannini, who is also Royal LePage’s top realtor in Canada, gave the audience some real estate investment advice and supplied a few case studies of return on investment for single-family homes, multi-unit properties and condos. Assembling a team of experts on investing is integral and will help in navigating this complex market, he added. If you joined us at the Home Show, I hope you left with some helpful information – and if you couldn’t make it, there will be another one in the spring so you can learn more about the market, becoming a homeowner or renovating your residence.

In the new-home market, the main factors affecting affordability are increasing land prices, construction, material and labour costs, and government-imposed fees and charges

Uncommon Privileges Relive an era of prestige and privilege, delivered with style and panache. Welcome to The Britt Condominiums, where British elegance meets exclusive 5-star service. As a resident you are entitled to a host of uncommon privileges, from exquisite spa and wellness programs to executive butler services. Located at the corner of Bay and Wellesley, steps to the energy and convenience of downtown living. 5-STAR EXCLUSIVE AMENITIES & SERVICES WITH THE BRITT VIP ACCESS CARD. • 24-hour executive concierge • professional butler Service • spa & wellness services

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Exclusive Listing Broker Milborne Real Estate Inc. Brokers Protected. Marketing Management by Anne Lambrou Living Visions Inc. Prices and specifications subject to change without notice. Illustrations are artist’s concept. E.&O.E. 011 NEW CONDO GUIDE NOVEMBER 2 - 16, 2013

table of contents

Nov 2 â&#x20AC;&#x201C; 16, 2013 volume 17 issue 20

A rare townhome opportunity in mississauga Limited collection of 100 homes at Pinnacle Uptown!

columns, news & features

106 002 Editorâ&#x20AC;&#x2122;s note Columnists

010 bild report Making sense of the market by bryan tuckey

014 Condo Pro Ensure to insure for peace of mind by barbara Lawlor

018 Tarion Report Making your opinion count as a new-home buyer by howard bogach

030 Mortgage Finesse Mortgage brokers get the best deal

048 taxing issues Assessing how you will be taxed

032 Condo Sense Amenities at your doorstep

056 Make Your Move The 15-point moving-day checklist

by Calum Ross

by don kearney

040 Quick Tips A place and a space for everything by Hellen Buttigieg

044 Fitness Gallery Hot workout ideas to warm up those cold days by Mark J. Stables

by henry choo chong

by Dan Hopkins

060 Industry Insider Amenities contribute to a quality lifestyle by David Hirsh

064 legally speaking Financing: What happens if it goes wrong? by jayson schwarz

58 083 Designer Advice Beyond the basics: Five designer essentials

120 Investor advice Three reasons why the condo market didn’t crash in 2013

condo profiles

by Yanic Simard

by Andrew la fleur

ELAD Canada

Biyu at Emerald City Coming soon to ELAD Canada’s spectacular North York community

In The News

033 Menkes Coming this fall: Menkes’ Dwell City Towns in Etobicoke 036 Daniels Mitchell Cohen receives honorary doctorate from Ryerson University

66 72

102

Terrace on Danforth TTC, great schools, proximity to waterfront – just a few of the offerings at Warden and Danforth

042 Minto Minto Longbranch opens with record-breaking sales 076 Bank Of Canada Bank of Canada maintains overnight rate target at one per cent

cityzen, Fernbrook Homes & DiamondCorp

096 Daniels Regent Park Aquatic Centre celebrates first anniversary

Garrison Point Soaring to new heights in urban architecture

104 CREA Canadian home sales edge higher in September

102

Stanton Renaissance

122 Flato ArtHouse Condos Markham celebrates its official public opening Homebuyers’ Help

016 Hot Dates What’s happening in and around the GTA 022 Location, location 416 or 905: A buyer’s tug-of-war by Anthony Jong

050 Style File Hang in there: How to organize photos and art by evelyn eshun

062 Recipe Smoky cheddar and beer fondue by Kevin Durkee

Liberty Development Corp.

On The Go Mimico Life On The Go!

068 Money Matters Coming clean by Gail Vaz-Oxlade

080 Homebuyers’ Help Choosing the right home builder

112 condo watch 905 Previews, new releases and grand openings in the 905 area 126 Homebuyers’ Help Condo hunter’s checklist

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

129 Condo Buyers’ Resource Section You love the home, see what you can afford

100 Finances Assess your readiness for home ownership

134 Index of advertisers

106 Designer Homes Hollywood style

condo pro

// by barbara lawlor

Ensure to insure for peace of mind

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

oday’s condominium shoppers are more educated than ever before. At Baker Real Estate Inc., we see that most purchasers do their “homework” before signing on the bottom line, which is wonderful. It is important to know where you stand on all aspects of your purchase, including insurance, which is sometimes misunderstood in the condominium world. Of course, people are used to thinking of home insurance with lowrise residences, but the parameters are different for condo ownership. Sometimes condominium buyers assume that maintenance fees include their insurance for their individual suites, when in fact, those fees include the insurance that the condominium corporation takes out on the building itself. Usually, the amount is calculated at two per cent of the condo budget. Your declaration will explain what this insurance covers. Read it carefully. This can differ among buildings.

014 new Condo Guide november 2 - 16, 2013

The rule of thumb is that condominium corporations insure from the walls out. In other words, the roof, exterior, driveway, underground garage, amenities and other common areas are covered. I remind you again, however, that coverage is not standard, so it is important to check. You can check with the condominium corporation as to whether you are responsible for the deductible on the policy that applies to the building. This can be substantial. Now, as to what you have to insure yourself, think about your suite from the walls in. And this goes beyond contents insurance. As an owner, you are different from an apartment renter. Of course you want to insure your belongings such as clothing and furnishings, but you also have to insure items such as counters, cupboards, vanities and the like. These are considered “attached” elements of the suite, so if anything happens to them, as the owner you are responsible for repairing or replacing them. This includes what insurance companies call “betterments” – the upgrades or improvements you may make to these items. My advice is to deal with an insurance company that has experience with condominium requirements. Your condo suite insurance takes effect when your unit legally closes, but get of a copy of the condominium declaration as early as you can. Show it to your insurance agent, who can help you determine exactly what coverage you need. Neglecting the coverage of the “attached” parts of your suite to save money can backfire if a flood or fire takes place.

Once you have explored all the parameters and arranged for the insurance that fits your needs and responsibilities, you can enjoy owning your beautiful condominium suite even more Take some time to make a list of your belongings, including what you will place in your storage locker, as you need to insure the contents of that as well. You may be surprised at the value of your items. You can add a rider to your insurance to cover things like costly jewelry or rare antiques. Ask your agent about specially designed Condominium Owners policies and additional riders for considerations such as additional living expenses if your suite becomes uninhabitable because of a loss. In addition, you should be looking at personal liability insurance to cover your legal liability should someone visiting your suite suffer an injury or loss to his or her property. If you are an investor and will be renting out your suite, check as to your responsibilities in this scenario. At the very least, your tenant should purchase contents insurance. Once you have explored all the parameters and arranged for the insurance that fits your needs and responsibilities, you can enjoy owning your beautiful condominium suite even more. The important thing is to feel comfortable both physically and emotionally in your new surroundings. Insure to ensure your peace of mind!

NOW ON SALE! Already under construction

HighPark Condominiums is located just moments to Toronto’s largest urban park, steps to a variety of shops and restaurants within Bloor West Village and offers easy and convenient access to the Bloor Subway. The response to this exceptional new residence within one of Toronto’s most desirable neighbourhoods has been overwhelming. Don’t wait - Discover your new home at Daniels’ HighPark Condominiums today!

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2150 Bloor Street West, Toronto HIGH PARK MMING POOL T Mon-Thurs:E12-6pm, Fri: closed, Sat, Sun &SWIHolidays: 12-5pm S W R O E BLO ILLAG V

Exclusive Listing: CityLife Realty Ltd. 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 BLBrokerage. O R ST WCorporation. Reproduction in any form, without prior written permission of The Daniels Corporation, is strictly prohibited. graphics are the copyright of the owners,OThe Daniels

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hot dates

november 2013 Calendar of events taking place from November 2 – 16

highlights

Until Nov 3

International Festival of Authors

Until Nov. 3 International Festival of Authors

Until Nov 3

Toronto Chocolate Festival Nov 1 – 10

Royal Agricultural Winter Fair

Harbourfront Centre 235 Queens Quay W. Now in its 34th year, the International Festival of Authors brings together the world’s best writers for 11 days of readings, interviews, lectures, roundtable discussions, public book signings and special events. The 2013 line-up features over 60 authors, including Margaret Atwood, Stephen King, Douglas Coupland and Canada Reads 2013 winner, Lisa Moore. Call the Harbourfront Centre Box Office at 416.973.4000 or visit online for tickets. ifoa.org/festival

Until Nov. 3 Toronto Chocolate Festival various locations in Toronto Halloween might be over, but the decadence continues with the 8th Annual Toronto Chocolate Festival. Celebrate your sweet tooth and chocolate in all its delicious forms, with chocolate tastings, chocolate-making exhibitions, chocolate sculptures, chocolate-eating contests and so much more. Visit the website for a schedule of events and to purchase tickets. A portion of the proceeds from select Toronto Chocolate Festival events will be donated to the Prostate & Breast Cancer Initiatives Fund. torontochocolatefestival.com

Nov 7 – 10

International Fall Home Show

016 new Condo Guide november 2 - 16, 2013

Nov. 1 – 10

Nov. 7 – 10

Royal Agricultural Winter Fair

International Fall Home Show

Ricoh Coliseum & Direct Energy

International Centre

Centre, Exhibition Place Now in its 91st year, the Royal Agricultural Winter Fair returns to Exhibition Place with innovative new programs, as well as everything that “loyal Royals” have come to love and expect from the world’s largest combined indoor agricultural and equestrian show – animal and agriculture exhibits, horse and dog shows, the rodeo, and more. Visit online for the full schedule and to purchase tickets. royalfair.org

6900 Airport Rd. Renovate, redecorate and refresh your home with some help from more than 450 exhibitors, 2,000 home experts, 10,000 products and free celebrity seminars from pros including Bryan Baeumler, Scott McGillivray, Jane Lockhart and more! Immerse yourself in all things “home” for four glorious days. Admission includes entrance to the Better Living Boomer Show and the Interior Decorating Show. internationalhomeshow.ca

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SALES CENTRE: Open on weekends only 10350 Woodbine Ave, Markham 416.495.3595

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*Prices, specifications and promotions are subject to change without notice. Renderings are artist’s concept and images are for mood and impression only. E.&O.E. October 2013. 22515

THIS IS HoT:

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When you own a new home at HOT you will enjoy a wide range of fabulous luxuries and finishes like 9' ceilings, designer kitchens with granite counter tops, premium appliances, bathrooms with oversized showers, walk-in closets and exclusive use of the gym, lounge and BBQ Patio. This is as hot as it gets in Erin Mills. Visit our award-winning Presentation Centre today.

1 BEDRoom CoNDoS FRom $273,990. 2 BEDRoom CoNDoS FRom $367,990. NoW UNDER CoNSTRUCTIoN.

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Prices, sizes and specifications subject to change without notice. E. & O.E. Illustration is artistâ&#x20AC;&#x2122;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. 017 NEW CONDO GUIDE NOVEMBER 2 - 16, 2013

tarion report

Making your opinion count as a

Howard Bogach is president and CEO of Tarion Warranty Corp. For more information about how Tarion helps new-home buyers, visit tarion.com or find them on Facebook at facebook.com/ TarionWarrantyCorp.

f you bought a new home in the past year, now’s your chance to tell Tarion all about your home buying experience. Every fall, Tarion sends customer satisfaction surveys to approximately 40,000 homeowners for feedback on your builder’s customer service and your experience with Tarion. You’ll be asked questions about everything from the signing the agreement of purchase and sale, to construction, the pre-delivery inspection, and finally your builder’s after-sales service. You’ll also be asked about your interactions with Tarion. Your feedback is important to us and helps shape the way we do business. For example, last year’s survey showed us that homeowners who used our online warranty service, MyHome, had a higher level of satisfaction with Tarion than those who didn’t manage their warranty through MyHome. This kind of information tells us we’re on 018 new Condo Guide november 2 - 16, 2013

// by howard bogach

new-home buyer the right track with our enhanced MyHome initiatives and lets us know that the changes we’re making are providing a better home ownership experience. Your feedback also helps us educate builders on what they are doing right, or where improvements can be made. Once the results are tabulated, Tarion sends qualified builders a copy of their individual results (without identifying the participants, of course). We also provide builders with the average results of their category. So not only do builders get a true indication of what their buyers think of their service, they also see how they measure up against their peers. Survey results are also used to determine finalists and recipients of the Tarion Awards of Excellence – the only awards in the province that recognize builders solely on the basis of their customer service. For Ontario home builders, good customer service means going above and beyond to make sure buyers have the best experience possible. By taking 10 minutes out of your day to complete a survey, you can tell us about your homebuying experience and influence whether your builder should be recognized for their customer service.

Every fall, Tarion sends customer satisfaction surveys to approximately 40,000 homeowners. We’re looking for feedback on your builder’s customer service and your experience with Tarion. Satisfied homeowners are the best indicator of good customer service. As the regulator, I was heartened to hear some of the 2012 award recipients’ approaches to customer service. One of them told us that their buyers are not just customers, but also their neighbours. Providing open communication and top notch customer service is always a priority. Another recipient told us that their key to success is their availability to buyers on site, after hours and on weekends to answer questions, not only at the time of purchase, but long after homeowners move in. We know that building a home is not a perfect science. New homes can be constructed in a harsh climate and are susceptible to human error, so it isn’t uncommon for a new home to need repairs after its owners move in. Most homeowners have realistic expectations and know that repairs are often a part of the new-home ownership process. We usually see about 50 per cent of new-home owners submitting 30-Day Tarion Warranty forms. But our actual claim numbers are much, much lower, because builders who take customer service seriously will fix any warranted items in a timely manner, which results in happy homeowners. That’s not only good customer service, it’s good business sense. So, if you have taken possession of a new home in the past year, look for the Tarion survey arriving in your mailbox or inbox this month. Your opinion counts and we’re ready and waiting for your feedback!

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.

NOVEMBER 2 - 16, 2013 NEW CONDO GUIDE 019

cover story

COMING SOON:

A rare townhome opportunity in Mississauga Introducing a limited collection of 100 homes at Pinnacle Uptown!

This exclusive release will bring 100 ultra-modern townhomes to one of the most tranquil yet urban locations in all of Mississauga, surrounded by quiet tree-lined streets, pedestrian-friendly pathways, acres of dedicated parkland and a winding creek right in your own backyard. The clean and attractive façade exudes contemporary elegance, while the interiors offer immaculate and sophisticated finishes. Each townhome features a private two-car garage, three bedrooms, three and a half bathrooms and spacious layouts. The light-filled that switches your lifestyle from hustle and bustle to luxury and comfort; a setting that brings together a perfect mix of green space, local amenities and distinct architecture; a place where families grow, children play and parents enjoy a relaxed atmosphere minutes from downtown Mississauga. Imagine yourself at the Marquee Townhomes. The Marquee Townhomes at Pinnacle Uptown are the next step in Pinnacle International’s inspirational 36.5acre master-planned community, situated on the northwest corner of Hurontario Street and Eglinton Avenue West. The townhomes follow in the footsteps of Crystal at Pinnacle Uptown, the wildly successful first phase of this community, consisting of two spectacular towers which are already well under construction. Picture yourself in a community

020 new Condo Guide november 2 - 16, 2013

The Marquee Townhomes at Pinnacle Uptown are the next step in Pinnacle International’s inspirational 36.5-acre master-planned community, situated on the northwest corner of Hurontario Street and Eglinton Avenue West

rooms and streamlined interiors boast floor-to-ceiling windows and over 2,000 sq. ft. of luxury to call “home.” The chef-inspired state-of-the-art kitchens feature stainless steel appliances, designer cabinetry, granite or caesarstone countertops, and plenty of space for all your gadgets and guests. As an added perk, residents will have access to the Marquee Club – an exclusive residents-only amenity that offers an outdoor swimming pool, spa-like pool-side loungers, an indoor exercise facility, a multi-purpose party room, and an outdoor playground for the kids. Mississauga is a growing city with a healthy recreational and cultural activity hub and a burgeoning business scene, with an undercurrent of strong core family values supporting the foundations of its citizens that make this city so promising. Sitting in one of the most central locations in Mississauga, the Marquee Townhomes easily allow you to shop, hike and explore

this incredible neighbourhood. Shopping is a breeze with Square One just moments away, featuring everything from trendy boutiques to five-star restaurants. Plus, with access to theatres, shows, art classes and events, there’s never a dull moment. The site also offers convenient access to schools, parks, GO Transit, Mississauga Transit, and Hwys. 403, 401, 407 and the QEW. To stay in the know, learn more about Pinnacle’s wide array of communities or simply take your own townhome for a ‘spin,’ download the new Pinnacle iPad App and learn more about this exciting opportunity! Pinnacle International is one of Canada’s leading builders of luxury condominium residences, hotels and commercial developments. Based in Vancouver, BC, Pinnacle International has been involved in development, design, construction and management for over three decades. Pinnacle’s portfolio includes landmark locations in Vancouver, Toronto and San Diego, built with an eye to their signature style. A Pinnacle community is always place-perfect, with an élan of its own. Those who are interested will want to act fast. The townhomes will be going on sale soon, with move-in scheduled for summer 2014. With only 100 townhomes, starting from the $700’s, they won’t last long. Register now for the upcoming preview sales event at PinnacleUptown.com or visit the Pinnacle Uptown presentation centre, located at 5044 Hurontario St., Mississauga. Hours are Monday to Thursday 1 to 7 p.m., Friday to Sunday and holidays noon to 6 p.m. Call 905.568.9000. november 2 - 16, 2013 new Condo Guide 021

Location, location

// by anthony jong

416 or 905?

A buyer’s tug-of-war

I 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.

The 416 area has a higher density, which gives buyers a larger selection of products within their budget. There may be four to five condominium developments at a single intersection in the 416 downtown core versus one to two condominium developments in the 905.

n real estate, price and location go hand in hand. Aside from personal reasons such as existing family structure and/or willingness to commute for work – which quickly predetermine the area in which you decide to live – buyers are forced to make a decision based on price. However, for most homebuyers, budget remains static and location becomes one of the most crucial variables. When affordability is such a big factor of influence in the choice of housing and location, buyers begin to ask these questions: ›› W hat more can I get for the same amount of money in the 905 as opposed to the 416? ›› W hat less will I get for the same amount of money in the 416 as opposed to the 905?

THE AFFORDABILITY FACTOR Affordability is the percentage of the total gross household income that is paid toward the mortgage principal and interest payments, property taxes and utilities to keep a home. With affordability in the GTA on the rise, and an all-time high in average home prices, buyers have to weigh the advantages and disadvantages of the area in which they decide to make a real estate purchase. It is inevitable that the closer you are to the downtown core, the higher the average prices are for similar housing types. For example, a buyer with a $500,000 budget must determine if purchasing a condo suite or townhouse in the 416 area makes more sense than a fully detached home in the 905. The urban townhouse may be smaller in size with less greenspace than the suburban detached, but you’ll be closer in proximity to amenities, work and public transit. It is common for many buyers to experience this tug-of-war before purchasing a home. THE GOOD IN THE 416 Close to work Commuting every day to work is not only a waste of time, but also a waste of energy and fuel (if driving). The estimated time that a Torontonian spends in traffic is at least seven hours per week. If you live in the 905 suburbs and travel in to the 416 core for work, expect traffic jams and long commute times every day. Proximity to amenities Some of the best restaurants in Toronto are in the downtown core. In addition to shopping, gyms, supermarkets, coffee shops and movie theatres close by, public transit is convenient – especially if you are within walking distance to a subway line. On the contrary, most amenities are spread out in the 905 and require more time on the road travelling from one place to another. continued on page 24…

022 new Condo Guide november 2 - 16, 2013

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

NOVEMBER 2 - 16, 2013 NEW CONDO GUIDE 023

Location, location

continued…

No car, no fuss If my job was not car-dependent, I would use public transit every day. Monthly savings of approximately $800 to $1,000 per month from car payments, insurance and fuel would allow for a more expensive home in the 416. The TTC has become an essential service in Toronto, and car-share companies like Zipcar can be found in many convenient locations across the city. Greater selection The 416 area has a higher density which, in turn, gives buyers a larger selection of products within their budget. There may be four to five condominium developments at a single intersection in the 416 downtown core versus one to two condominium developments in the 905. Property taxes The areas of the 905 generally have a higher differential of property taxes than the 416 by 30 to 40 per cent. Newer infrastructure and public facilities in the 905 contribute to a higher property tax rate.

THE GOOD IN the 905 Price and space The price per sq. ft. is higher in the 416 than in the 905, which results in less square footage of living space for the same amount of money. The Canadian dream has always been a lovely house with a large backyard and a white picket fence, or these days that dream also translates to larger condominiums that offer function, fashion and convenience at every turn. That may still hold true, but for a typical household with an average income, this dream is likely more plausible in the 905. Space is one of the most important considerations, so for buyers with children and extended family members, the 905 typically makes for a better decision.

024

Areas of the 905 generally have a higher differential of property taxes than the 416 by 30 to 40 per cent Return on investment (ROI) The ROI of real estate in the 905 in recent times has outperformed the 416. Land transfer tax This can be considered an “entrance tax”

that a buyer must pay to the province of Ontario. However, compared to the 905, Land Transfer Tax in the 416 nearly doubles due to the Municipal Land Transfer Tax. Even though the residential property tax in the 416 is much lower than the 905, the savings will take a buyer, on average, seven years to break even on the extra Toronto Land Transfer Tax associated with a real estate purchase in the 416.

People and more people If you don’t like neighbours and crowds, living in the 416 (particularly downtown), should not even be an option. The 905 generally has lower residential density and offers a more peaceful setting than its counterpart. And you definitely won’t experience the heavy traffic that you would in the 416 areas. Extended family Urban sprawl has caused many

families to move away from the downtown core into the 905 suburbs. Choosing to live in the 416 may translate into being away from close family members and a greater commute for weekend get-togethers. Downtown suburbs Many large condominium developments are turning into their own communities that are self-sustaining, coupling multiple towers with commercial and office spaces. Residents are able to shop, bank and find essential services, right at their doorstep.

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Presentation Centre: 27 Rean Drive, Unit 10 Mon.-Thurs. 12pm-6pm, Sat., Sun. & Holidays 12pm-5pm, Fri. Closed 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 number of suites. See Sales Representative for full details. Prices, speciﬁ cations and programs are subject to change without notice. Illustrations are artist concept. E. & O.E. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without prior written permission of The Daniels Corporation, is strictly prohibited.

NOVEMBER 2 - 16, 2013 NEW CONDO GUIDE 025

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Exclusive listing brokerage Baker Real Estate Incorporated. Brokers Protected. Prices, sizes and specifications subject to change without notice. E.&O.E. *Principle, interest and taxes included. Based on a 1 year term amortized over 25 years at 3.14%. 026 NEW CONDO GUIDE NOVEMBER 2 - 16, 2013

cOming this fAll phAse iii cOnDOminiUms Tradition meets urban living with cool designs and modern interiors. Introducing the final phase of Italian inspired living in North York. Palazzo at Treviso III offers luxurious new suite designs and gorgeous finishes, just steps from everything you desire.

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Some call it the future of Toronto’s Waterfront. We call it Monde. Waterfront Living from $306,990 We could tell you about the stunning architectural design by the world-renowned Moshe Safdie. Modern interiors by Cecconi Simone. The breathtaking views of the lake. The outdoor infinity pool and cabanas. But all of that doesn’t really matter. All that matters is this. This is your chance to be part of Toronto’s next great neighbourhood. And a whole new world on the water. We call it Monde. But you can just call it home.

Visit our Sales Office or register today at mondecondominiums.com

291 Lakeshore Blvd E 416 466 8885

Prices, sizes and specifications are subject to change without notice. Exclusive listing, Baker Real Estate, Brokerage. Broker protected. Illustration is artist’s impression. E. & O.E.

NOVEMBER 2 - 16, 2013 NEW CONDO GUIDE 028

Own your piece of the sky at Yonge & Richmond

BOUTIQUE LIVING STARTS ON THE 34TH FLOOR 150 private residences coming this fall . Luxury boutique living starts on the 34th floor at Twenty Lombard Street. Your private lobby entrance features soaring double height ceilings and dedicated elevator bank. Enjoy 9,000 sq. ft. of exclusive amenities including a spa-like fitness studio, outdoor sky pool and unobstructed lake views – all in the privacy of the 45th floor. Enjoy the utmost in privacy, refinement and location at Yonge and Richmond.

Illustrations are artist’s impression. Exclusive Listing: Baker Real Estate Incorporated, Brokerage. Broker’s protected.

NOVEMBER 2 - 16, 2013 NEW CONDO GUIDE 029

mortgage finesse

// by Calum Ross

Mortgage brokers

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.

n the last couple of years, there has been a lot of coverage in the financial press about mortgage brokers. Despite all of the positive exposure in business and news publications, there still seems to be a lot of confusion from consumers about how this service works. Mortgage brokering or mortgage consulting is not a new industry, but is one that has been experiencing explosive growth over the last five to 10 years. As it stands currently, more than 21 per cent of all

030 new Condo Guide november 2 - 16, 2013

and consultants may get you the best deal

mortgage business in Canada is originated through mortgage brokers. While this figure, representing billions of dollars in mortgages, seems impressive, it is next to nothing when you consider that in the U.S., more than 65 per cent of mortgages are negotiated by mortgage brokers. In the past, mortgage brokers were used by individuals who may not have been able to get credit through other channels. They would arrange hard-toqualify mortgages for a fee. Today this is not the case. The number of mortgage brokers who work on hard-to-place mortgages is now only a small portion of the market. In addition to searching out the lowest rate, mortgage brokers now focus on a consulting role, showing consumers how to become mortgage free quicker, how to decide between terms and conditions, and how to crunch the numbers on the many mortgage gimmicks in the marketplace. How did this come to be, you ask? This is not the mortgage market of 10 or even five years ago. What most people don’t know is there are more than 100 lenders in Canada that would all like to have your mortgage business. Visiting the four banks in your neighbourhood is not going to cut it any more. One of the biggest differences between the person you may deal with at your financial institution versus a mortgage broker is the broker works for you, not one financial institution. Henry Ford, founder of Ford Motor Company, famously proclaimed people could have any colour of Model T they liked – as long as it was black. This may be a good way to view a mortgage representative who works for one financial institution. Those working for these institutions simply cannot offer the level of variety that a consultant or broker can. While the manager at a financial institution bases bonuses and salaries on the profitability of the products and services of the branch, mortgage brokers or consultants build their businesses on knowing where to get competitive rates and by providing value-added service. Some of the bigger mortgage consultants in Toronto single-handedly arrange more mortgages than many entire branches. How do they get these rates? One of the advantages the mortgage broker has, is access to volume discounts that the consumer typically doesn’t get. When a mortgage broker sends a significant amount of business to various lenders every month, those lenders are going to make sure they work to keep the relationship strong. The financial institutions do not have to gather the paperwork, pay a salaried employee, or maintain an expensive branch infrastructure. By using mortgage brokers to generate mortgage business, they have to pay only the individuals who are producing deals. Really, it is a win-win situation for all involved. Now, I would like to bring up an important point – as with any industry, the cream rises to the top. Make sure you select the right financial professional to help you make your mortgage decisions. Until next time – happy home and mortgage hunting.

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condo sense

// by don kearney

Amenities at your doorstep

Don Kearney is manager of customer communications and social media at Menkes Developments Ltd. Follow Menkes on Facebook at facebook.com/MenkesLife, and on Twitter at twitter.com/MenkesLife

t’s late. You’ve just come home from a long day at work. The kitchen cabinets are bare and the leftovers in the fridge are unrecognizable. Going back out grocery shopping at this hour isn’t an option and the thought of wandering around the neighbourhood trying to find a place to eat feels overwhelming. If only you had options right in your building or community. The good news is, you do! One of the newest (and best) trends in the residential building industry is the rise of commercial amenities built right into your condominium community. The ability to take an elevator ride down to the main floor and walk a few steps to a restaurant, food retail store or coffee house is a newer 032 new Condo Guide november 2 - 16, 2013

concept that is gaining popularity among developers in the GTA who realize that creating a full-concept community means providing more options for their purchasers outside of interior amenities and suites. This phenomena isn’t exclusive to condominium communities either. In new low rise housing markets, many builders are ensuring that retail stores, restaurants and food shopping are a short walk away or a quick drive. The Somerset community in Ajax has the benefit of Somerset Plaza, a retail centre that comprises several restaurants, services, stores and grocery shopping within walking distance from the subdivision. A short trip to the plaza means picking up everything you need, from gas for your car, to filling prescriptions, to picking out the perfect merlot for dinner, and being back home in minutes. Current high rise condominiums such as Ultima near Yonge and Sheppard, Lumiere at Bay and College, and Empress Walk beneath Royal Pinnacle at Yonge and Park Home are great examples of retail services in a condominium setting. Movie theatres, a host of restaurants, and numerous shopping options provide residents with everything they need just steps from their front door. In fact, going forward, all of Menkes’ residential condominiums including Gibson Square, Pears on the Avenue, Noir, Fabrik, 365 Church and Harbour Plaza, will have retail components sure to satisfy every taste bud, shopping need and desired service. The condo and housing markets in the GTA remain strong, and giving homeowners options right outside their doorstep is another way builders are creating exciting and new communities.

Standing above the rest for more than 60 years.

Our Life Storey

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TORONTO

COMING THIS FALL

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CONNECT WITH TORONTO’S ULTIMATE LIVE WORK PLAY ADDRESS Welcome to Harbour Plaza, a spectacular master planned condominium community in the heart of Toronto’s vibrant Southcore Financial District. An iconic landmark on the downtown skyline, Harbour Plaza is graced with soaring architecture, incomparable lifestyle amenities and a superb collection of modern urban suite designs, all directly connected to the extensive PATH network.

OUTDOOR TERRACE

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Prices and specifications are subject to change. E.&O.E.

Your life storey starts here.

Coming This Fall York & Harbour Toronto Register now at menkes.com

Now Previewing

Peter & King Toronto Starting from $273,990 416.977.8780

Church & Carlton Toronto Starting from mid $200â&#x20AC;&#x2122;s 416.591.7700

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Richmond & Spadina Toronto Starting from $287,990 416.591.7700

Bay & Yorkville,Toronto Starting from $1.9 million yorkvilleresidences.com 416.775.7500

Under Construction

Move In This Year

Avenue & Davenport Toronto Starting from $381,990 416.323.0100

Evans & QEW, Etobicoke Starting from $225,990 onesherway.com 416.695.3535

Under Construction Yonge & Park Home Ave. North York Starting from $384,990 416.730.9722

menkes.com facebook.com/MenkesLife

@MenkesLife

Prices and specifications are subject to change. E.&O.E.

in the news

Coming this fall

MENKES’ DWELL CITY TOWNS in Etobicoke will soon be previewing the much-anticipated, design-forward townhome community in the heart of Etobicoke – Dwell City Towns. Dwell City Towns is where modern architecture and smart living spaces with premium features and finishes come together. An impressive array of features, including smooth ceilings and laminate floors in living and dining areas, define open concept-living and entertaining spaces. Modern kitchens boast European-style cabinetry and premium-quality stainless steel appliances. And for those who relish sunlit days and starry nights, private patios, balconies and rooftop decks provide superior outdoor living and entertaining space. This is your perfect home – for family milestones to be celebrated and new memories created. Dwell City Towns offers unique product designs to suit a variety of tastes and budgets. Priced from $299,990, the Urbana Collection consists of one- and two-level townhomes ranging from 643 to 949 sq. ft. with patio, balcony or rooftop deck as per plan. The two-storey Metreo Collection features townhomes ranging from 1,071 to 1,287 sq. ft. with spacious terrace or rooftop deck as per plan. The homes at Dwell City Towns will feature brick and stucco exteriors set along a harmonious, pedestrian-friendly streetscape. The community also offers secure underground parking, bicycle spaces and much more. Situated conveniently just off Hwy. 427 at Holiday Drive, Dwell City Towns puts the exceptional shops of Sherway Gardens, the four-season offerings of the Centennial Park complex, neighbourhood sporting fields and everyday conveniences of Loblaws and Cloverdale Mall mere minutes away. The TTC subway and GO train are a short bus ride away, and Hwys. 427, 401 and QEW are easily accessed, making The wait is almost over! Menkes Developments

getting downtown or out of town a breeze. This masterfully planned community will preview this fall, so don’t miss the opportunity to be part of the preview by registering at menkes.com.

november 2 - 16, 2013 new Condo Guide 033

034

035

in the news

MITCHELL COHEN RECEIVES HONORARY DOCTORATE FROM RYERSON UNIVERSITY

Long-time social housing advocate, successful city builder, philanthropist and songwriter recognized At Ryerson University’s Fall 2013 Convocation,

Mitchell Cohen, president of The Daniels Corp., was honoured with a Doctor of Laws degree. He was one of three distinguished individuals recognized for making outstanding contributions to their fields. The presentation took place as part of the Faculty of Community Services convocation ceremony on Oct. 18, 2013. Cohen delivered a moving speech to Ryerson graduates and others in the audience, which included his family, Chancellor Lawrence Bloomberg, President Sheldon Levy, Provost Mohamed Lachemi, members of the Platform Party, Ryerson faculty and staff, and Daniels team members. He reminisced about his own university graduation in the 1960s. “I had absolutely no idea what I wanted to do. What I did know was that, along with all of us who Pictured from left to right: had come of age in the ’60s , I had an obligation, a Ryerson University President Sheldon Levy; Mitchell Cohen, responsibility in fact, to make the world a better place.” president of The Daniels Corp.; Ryerson University Chancellor Lawrence Bloomberg. Photo credit: Clifton Li And Cohen has done just that. By 1973, he had earned a Masters degree in Social Psychology and a Bachelor of Science in Psychology, and “It is such an honour to receive this degree from a school that not only educates in the classroom, but in the was also writing songs and playing guitar in a makeshift broader community as a true city-builder,” Cohen said. studio in his apartment. He answered a help-wanted ad He also credited John Daniels and all members of the in the Montreal Gazette and was hired as a community development worker for the YMCA. This position led to Daniels team for being “committed to social justice, using the power of our platform to lead, to create, and helping a group of tenants create a better life through the creation of a non-profit housing co-operative, to build both a local and global community in which launching a lifelong passion for Cohen. every one of us has food on the table and a secure, “Fast forward 40 years, and along with all of my affordable place to call ‘home’.” partners at Daniels, I am still doing community Earlier this year in St. James Palace, London, Cohen development work, supporting a group of tenants who joined a delegation of 12 Canadian CEO’s and H.R.H. are creating a better life for themselves and their families The Prince of Wales to discuss plans to advance the through the Regent Park revitalization,” Cohen said. cause of socially responsible business in Canada. Cohen paid tribute to Ryerson’s role in the awardCohen also received one of the 2013 Queen Elizabeth winning revitalization. The Daniels Centre of Learning is II Diamond Jubilee Medals presented to select led by the Centre for Community Learning and Canadians for their significant contributions and Development in collaboration with Ryerson, the achievements. In addition, Cohen was also honoured University of Toronto and George Brown College. At with an Award of Merit from St. George’s Society in the Centre, residents access information, free training 2010. To find out more about The Daniels Corp., programs and post-secondary education opportunities. visit danielshomes.ca. 036 new Condo Guide november 2 - 16, 2013

45 Boutique Condos and Lofts $300’s FROM THE MID

038 NEW CONDO GUIDE NOVEMBER 2 - 16, 2013

90niagara.com Prices and specifications are subject to change without notice. E. & O. E. Rendering is artistâ&#x20AC;&#x2122;s concept only.

NOVEMBER 2 - 16, 2013 NEW CONDO GUIDE 039

quick tips

// by hellen buttigieg

A place and a

space for everything ›› Everyone needs a home office. Are you using your kitchen table as an

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

hether you have a sprawling home with plenty of room or a cosy place with little in the way of extra space, you need to create a system so that your home functions in a manner that accommodates your lifestyle. Whether you live large or small, chances are there’s a favourite spot in your home that sees more than its fair share of action. It’s a corner of the sofa you curl up in, or a spot at the breakfast counter that has a pile of things you want to get to “when you have a minute.”. Without designated spaces, you’re forever tucking things away that don’t have a real home – and wasting far too much time trying to remember where to find them when you need them. Develop a place for each activity you do, and a space to keep those items that go with it to add some organization to your home – and your life!

040 new Condo Guide november 2 - 16, 2013

office? It can be frustrating and time consuming to constantly have to pack up your papers and bring them out again. Whether you’re an entrepreneur, a student or a homemaker, you need a space in your home specifically designated for processing paperwork. Although it would be ideal to have a room devoted entirely to this purpose, you can also use an armoire in the living room that closes up when not in use, or a closet that has been refitted with a countertop and drawers. You’ll also need good lighting, a comfortable chair, and a functional filing system. ›› Where did I put the... Have you ever stored a special item in a safe place and then forgotten where you put it when you need it three months later? A simple solution is to create a document in Microsoft Word or a similar program on your computer to record the location of seldom-used articles. Use the ‘find’ feature in Word (located in the “Edit” drop-down menu) to retrieve the information quickly within the document. Be sure to name the document something obvious so you can find it on your computer. ›› Name that room. Rooms that don’t have a specific purpose often become dumping grounds for clutter. Before you begin de-cluttering, go through your home, room by room, and determine how you want to use each space. Identify which items support the purpose of the room and which ones should be moved elsewhere. Keep a few boxes handy so you can easily transport smaller items to their appropriate rooms. ›› Everything needs a home. Whenever you bring a new item into your home, immediately find a permanent place for it to live. To help you determine the best spot, ask yourself what else is like it, and where (and how often) you will use it. Store similar things together and store items near their place of use. Items used daily should be placed in the most accessible areas (within arm’s reach), whereas seldom-used items can be stored in out-of-the way spaces. Keep a label maker handy to label drawers, shelves and containers so you don’t have to rely on your memory when you need to find something quickly. ›› What did I do with that manual? Did you add new appliances and electronics to your collection recently? Staple the receipt and warranty to the instruction manual and tape it to the bottom of the item so it’s easy to find if you need to refer to it. For portable items like cell phones and MP3 players, store the manuals in an accordion file by category. ›› Where did I leave my keys? The most common excuse for lateness? “I couldn’t find my keys.” It’s hard to be successful if you can’t even leave your home. Save yourself the frustration and embarrassment by simply making an extra set of keys and keeping them in a special place. Give another set to a relative or neighbour in case of emergency. Create a home for your keys and always place them there when you get home. You can use a bowl, a small basket or a hook. If all else fails, attach a beeper to your keys that you can activate when they go missing. Now, where’s that beeper...

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041

in the news

Minto Longbranch

opens with recordbreaking sales Pictured left to right:

Vince Santino, vice-president of development; Vicki Schmidt, sales manager; Daniel Belanger, senior vicepresident, GTA; Amanda Wilson Watkins, vicepresident of marketing and sales; Natascha Pieper, director of marketing

Minto Longbranch released urban towns at a price-point unheard of in the Toronto market at its VIP launch on Oct. 24. With line-ups out the door, hundreds of prospective purchasers gathered in the new sales centre where 150 units were sold. “The community reception was phenomenal, well beyond anything we expected. Minto Longbranch is on track, in my opinion, to be the bestreceived new community in the GTA for 2013,” says Amanda Wilson Watkins, vice president of marketing and sales. In a sales frenzy, eager purchasers filled every seat in the house. Priced from the low $200,000s, and offering 448 spacious units, Minto Longbranch is one of the last pieces of affordable Toronto lake-side real estate. In a real estate market dominated by highrise condos, Minto Longbranch invites purchasers to a new lake-side community of stacked and back-to-back urban towns. Perfect for families, young couples and single buyers, these one-, two- and three-bedroom towns, with up to three storeys, range from 515 to 1,582 sq. ft. Lining Lake Shore West in the heart of one of Toronto’s most historic communities, this new neighbourhood offers purchasers a more personalized welcome home. In a celebration of the unique character of the neighbourhood, purchasers were led through the sales centre to interactive touch screens to explore the culture-steeped area. Throughout the evening, guests enjoyed local flavours including freshly made iced cream from Sweet Olenka’s, mini-burgers from Woody’s, and gourmet grilled cheese from Melt, highlighting the in-demand eateries and hidden gems that contribute to Long Branch’s village appeal. With record-breaking sales in its first night,

042 new Condo Guide november 2 - 16, 2013

Minto Longbranch embraces urban living with a focus on community and follows the huge success of nearby Minto Southshore. “Once again, we’re very proud to be able to offer all our customers great value in a great location with a rich history as part of the fabric of Toronto,” says Vince Santino, vice-president of development. Clearly visible from Minto Longbranch, downtown Toronto is easily accessible. Departing from the Long Branch GO Station, Longbranch is 15 minutes from the downtown core. The 501 Queen streetcar, named the globe’s top trolley ride by National Geographic, crosses from the east Toronto Beaches, through the heart of the city, right to Minto Longbranch. “Minto Longbranch is a significant contribution to Toronto’s sustainable growth because it allows people to live, work and play without having to rely on a car. Vibrant living is affordable again, and that came through loud and clear at our VIP reception,” says Wilson Watkins. On display at the sales centre, guests filled the life-sized spacious model rooftop patio and kitchen vignette featuring white with glass cabinetry, an ebony island, stone back splashes and granite countertops. Model units showcased the flat roofs, clean lines, and well-defined entrances of the row’s façades, each unit having a direct relationship to the street. On November 9, Minto invites the community to explore the new collection of contemporary urban towns at Minto Longbranch. To register, visit online at mintolongbranch.com.

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Fitness Gallery

// by mark j. stables

Hot workout ideas to warm up

Mark J. Stables is founder of Benchmark Group and Movement Haus. He is a renowned fitness and wellness expert with over 15 years experience in the industry. Working with hundreds of urban condominium dwellers, Mark has experience and insight into the design of condo fitness amenities and the way people use them. As the landscape of fitness continues to evolve, this in-depth knowledge of health and fitness, coupled with his passion for architecture and design, yields an optimal exercise environment for today’s urban athlete. Visit online at movementhaus.com, benchmarkgroup.ca or call 416.428.3536.

hanksgiving is behind us and the trees are clad in their brilliant red, orange and yellow coats. Many of you took advantage of the warmer-than-usual weather in September and October by remaining active outdoors. But we all knew this wouldn’t last forever.

Lucky for many condo dwellers in Toronto, their buildings come equipped with a fitness space for use year round 044 new Condo Guide november 2 - 16, 2013

those cold days

Now that the thermometer is showing single digits in the mornings and the days are becoming increasingly shorter, we’re finally beginning to contemplate what exercising indoors will look like over the next several months until spring abounds. There will always be the veteran die-hard exercisers who continue to run outside during winter months. However, when most of us seek refuge, what will be your game plan to improve your fitness this winter? Lucky for many condo dwellers in Toronto, their buildings come equipped with a fitness amenity space for use year round. When the weather gets colder and people become less inclined to venture outside, why not take your workout indoors and find ways to improve your strength, posture, balance, and endurance – compliments of your condominium’s gym? Condo gyms have evolved from small, poorly planned, left-over spaces with dim lighting and limited equipment into full-fledged gyms worthy of a membership and professional staff – like Benchmark and Movement Haus, which will be offering group fitness classes in several condominiums that have received Movement Haus-branded amenities including TRX, bootcamp, spinning, ballet barre, yoga and Pilates, which are our big-ticket classes at the moment, and before the end of November our wine tastings and cooking classes will be well underway in several condominium buildings, shining a secondary spotlight on community and lifestyle. All this, without ever leaving the comfort of your condo. But if you are planning a great escape to a warmer climate this winter, that’s not a free pass to also escape your fitness and wellness regime. A Vacation is No Time to Slack Off!

The cooler temperatures signal vacation time for those looking to retreat the everyday, if only for a short while. But just because you’re heading on vacation, doesn’t mean you have carte blanche to abandon your exercise program. There are a number of vacation options that combine leisure and fitness into one, so you can have the best of both worlds:

›› A relaxing spa getaway that will fill your days with yoga and beach-front massages.

›› A cycling tour leading you through the hills and valleys of France. ›› A hiking trip through vineyards where you can put your feet up at the end of each day, savouring a glass of Amarone.

›› A gathering of friends for a surfing adventure on the shores of Central America.

Fitness vacations are available for every taste and budget. Arm yourself with an open mind, a glass of wine and an afternoon with Google, and you’ll find a trip that’s right for you.

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taxing issues

// By henry choo chong

Assessing how you will be taxed A

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.

I worked as an independent contractor for a construction company in Toronto for the past three years. An agreement between the company and me was signed. Last year, I was audited by Canada Revenue Agency (CRA). They determined I was an employee and I was denied all my deductions for the last three years. What can I do? Jesse, Oakville 048 new Condo Guide november 2 - 16, 2013

With increasing pressure from rising employee benefits and costs, employers seek solutions to reducing expenses and improving bottom lines. Employers are increasingly using temporary independent contractors or more permanent independents for jobs that were previously performed by employees. Many employees may also prefer to be classified as an independent contractor because of deductions allowed for self-employed individuals that are not available to employees. Therefore, there are incentives for both employers and employees to be designated workers as self-employed. It is difficult to determine your relationship with the company as there are many factors to consider. However, you may wish to file an appeal to CRAâ&#x20AC;&#x2122;s decision. An agreement between an individual and an employer that specifies you are an independent does not necessarily mean you are an independent for tax purposes. Typically, an employee receives payment net of Canada Pension (CPP), employment insurance (EI) and income taxes. An independent/ self-employed worker does not have payroll taxes deducted. There are several tests used in determining if an individual is an employee or an independent operating his/her business. Here are some factors commonly used by CRA.

1. W ho determines the time and way

the services are to be completed?

2. W ho provides the tools to

complete the job? 3. Does the worker share economic risk and financial rewards from the job? 4. Does the worker have agreements with other employers or merely the same employer for the past several years? Many workers share commonality pertaining to employee and selfemployed relationship, such as commissioned salespersons, IT consultants, construction workers, real estate agents, etc. Speak to an employment lawyer or an accountant before proceeding.

I am in the high-income tax bracket, married with one child who is six years old. Can I place money into investments or purchase real estate in my sonâ&#x20AC;&#x2122;s name and he pays the tax on the investments? Mike, Toronto

Income from investments for minor children that originates from the parents will be attributed back to the parents. Therefore, you will be taxed on the interest, dividends or rents collected. However, investment such as the sale of publicly traded shares, real estate investments or the subsequent re-investment of the income from such investments will be taxed in the hands of the child.

COMING SOON! TO DOWNTOWN EAST

One Park Place North Tower was such an incredible success in the fall of 2012 that we decided to introduce

There are so many reasons to choose ONE Already under construction, One Park Place South Tower is the newest addition to the internationally recognized and award-winning Regent Park revitalization. Offering incredible views of Lake Ontario as well as the city skyline and situated just steps from some of the cityâ&#x20AC;&#x2122;s hottest new amenities including Daniels Spectrum, the Aquatic Centre and a soon to open 6-acre park, as well as shopping, restaurants and the convenience of the TTC, One Park Place South Tower is the ONE place to be in downtown Toronto.

416.995.0559

SUITES FROM

$199,900

danielsoneparkplace.com

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

THE TOP REASONS TO CHOOSE DANIELS’ ONE PARK PLACE SOUTH TOWER New homebuyers are flocking to be a part of the internationally-recognized and award-winning Regent Park revitalization. With the introduction of new streets, retail, homes and the best amenities in the Downtown East, now is the time to discover the condominium Toronto has been waiting for. Hot on the heels of The Daniels Corporation’s One Park Place North Tower, the South Tower is already drawing tremendous interest from people who want to make Regent Park their home. The fifth residential building in this master-planned community is already under construction, and will rise to 29-storeys – the tallest condominium residence in Regent Park to date. Residents will enjoy striking panoramic lake and city views. Here are the TOP 10 reasons to choose One Park Place South Tower as your ONE new home.

LOCATION

One Park Place South Tower will be situated at Dundas and Sumach Streets, and will be anchored by a collection of 17 urban townhomes lining St. David Street and Sumach Street. The condominium’s lobby entrance is directly off Regent Park’s Urban Mews, Regent Park Boulevard, where neighbours and visitors gather for local festivals, markets and performances – placing homeowners right in the middle of the action in this energetic neighbourhood. The Urban Mews also leads to Daniels Spectrum, the 60,000 square-foot cultural hub that is alive with opportunities for dance, music, theatre and film. Paintbox Bistro, a popular area hotspot with live entertainment and the culinary creations of renowned Toronto Chef, Chris Klugman, is just steps away. At the pulsing heart of Regent Park, the Urban Mews connects many of Toronto’s hottest new amenities. Residents can stroll to the soon-to-open 6-acre park on Dundas Street, the Regional Aquatic Centre, shopping, restaurants and the TTC. One Park Place South Tower is steps to FreshCo. by Sobeys, Rogers, RBC Royal Bank, Tim Hortons and public transit on Dundas Street East. Regent Park is just minutes from Cabbagetown, the Distillery District, the St. Lawrence Market, Yonge-Dundas Square and all the attractions of downtown Toronto. Does it get any better than that? YES!

OUTSTANDING ARCHITECTURE AND BREATHTAKING VIEWS

One Park Place South Tower is designed to make the most of its location and height with a combination of delicately supported white cladding and spandrel glass. Suite owners will be treated to ever-changing views of Toronto’s skyline or Lake Ontario through expansive windows that invite copious amounts of natural light to fill the beautiful living spaces.

One Park Place South Tower will be home to over 45,000 sq. ft. of indoor and outdoor relaxation, exercise and social amenities at CLUB UNO. These include a half-court gymnasium, two squash courts, a fitness studio, indoor/outdoor yoga and Pilates studio, a party room, billiards room, lounges and more.

CLUB

UNO

ENVIRONMENTALLY FRIENDLY DESIGN

Daniels is a trailblazer in the building industry and an advocate for actively incorporating urban agriculture opportunities into their new home communities across the GTA. There will be resident gardening plots on the fifth-floor gardening terrace where homeowners can grow their own herbs, flowers and spices. Urban gardening plays a key role in bringing homeowners together to foster a sense of community. Daniels will offer programming that helps residents make the most of their amenities. Much like its sister tower, One Park Place South Tower is being built to the LEED® Gold Certification Standard, offering an array of future-proofed elements such as bicycle storage and energized parking spaces for electrified cars. Several green roofs serve as both a visual and physical amenity for residents; while helping to mitigate Toronto’s heat island effect.

FLEXIBLE SUITE DESIGNS

5TH FLOOR GARDENING TERRACE

Suite layouts maximize every square foot, and urban interior finishes include European-style stainless steel kitchen appliances, contemporary quartz countertops, laminate flooring throughout and spectacular kitchen and bathroom designs by award-winning Cecconi Simone Inc.

UNBEATABLE VALUE

PRICES WILL START FROM AN INCREDIBLE $199,900. Suites at One Park Place South Tower range from studio to three-bedroom designs plus there will be a limited collection of urban townhomes.

HOMEOWNERSHIP MADE EASY

Purchasers can take advantage of Daniels’ % GRADUAL DEPOSIT PAYMENT PLAN.

Simply pay $3,500 with the Agreement of Purchase and Sale, and then $1,000 each month until 5% of the purchase price is reached. Just another way Daniels is making it easy and accessible to purchase at One Park Place South Tower.

ALREADY UNDER CONSTRUCTION!

MOVE-IN AS EARLY AS WINTER 2014 CONSTRUCTION HAS COMMENCED AT ONE PARK PLACE SOUTH TOWER GIVING HOMEOWNERS THE CONFIDENCE THAT DANIELS WILL DELIVER THEIR HOME ON TIME.

PEACE-OF-MIND

The Daniels Corporation (danielshomes.ca) is one of Canada’s pre-eminent builder/developers, building more than 24,000 new homes 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 was 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 residents quality of life, and supports numerous charities and non-profit organizations.

PENT UP DEMAND!

THE TIME TO GET YOUR NAME ON THE LIST FOR ONE PARK PLACE SOUTH TOWER IS NOW!

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Style File

// by evelyn eshun

Hang in there:

How to organize your photos and art

Evelyn Eshun is a Toronto-based accredited interior designer and principal of Evelyn Eshun Design. With more than 14 years experience in the business, she is known for her custom-designed residential projects throughout the GTA that showcase the space and bring out the best in you. evelyneshun.com

ore often than not, a client will say that they have a ton of prints or photos in the basement which they would like to organize and finally do something with. Sound familiar? I can relate, too. I have a pile of watercolours and images which I have collected throughout my travels. Hence, my inspiration to write about organizing and hanging art or photography on your walls. There is no better time than the cool, cocooning months to tackle the backlog of the to-do list. Family photos are a great place to start. In the family room pictured, I worked closely with the client to carefully select treasured images of family which would hang in this room. It was an emotional journey which I was privileged to share and experience. The first step was to measure the wall area which would be covered with the images. We decided to create a dense collage of similarly framed photos, which were black and white and sepia. Colour photos we loved were converted by the Art Framing company into sepia or black and white. We were also able to alter the size of some of the prints based on where they would be placed.

continued on page 52â&#x20AC;Ś 050 new Condo Guide november 2 - 16, 2013

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BROKERS PROTECTED. Sizes and specifications are subject to change without notice. E.&O.E. NOVEMBER 2 - 16, 2013 NEW CONDO GUIDE 051

Style File

continued…

tips

›› Keep your photography either all

colour or all two tone. This will bring harmony to your collection.

›› If you use coloured photos, your

frames should be simple in order to not detract from the photos.

›› Your frame shop can turn your

favourite colour photos to black and white and re-size them.

›› Use frames and mattes which are of similar styles in order to make the collection focus on the photos.

›› Vary the size of frames and mattes to add a dynamic element to your collection.

›› Space the frames four to six inches

apart and about 10 inches from the top of your sofa or table.

›› Include mirrors of various shapes to add interest to your collection.

›› Cut bristol board in the shapes of your frames and stick them on the wall to make sure you are happy with the arrangement before you start putting nails into the wall.

Because the collection was meant to be dense and busy, I selected about six different frames and mattes, that were all the same colour tones but different weights, thicknesses and shapes. This added consistency and variety to the arrangement. Mirrors were also used to break up the photos and add a touch of sparkle to the collection. When creating a collection of art on your walls, it is important to realize that the eye is always looking for a line or pattern, so you must give a cohesive look to the collection. The first way to do so is by creating rhythm. I decided to keep the tops and sides of the display perfectly aligned so that the arrangement looks clean and the random feeling comes from the unmatched lines within the arrangement itself. Just like a carefully tousled hairstyle which is meant to look as though there was no effort in putting it together, this process took hours – about 16 to be exact, just planning where to hang, measuring and the actual hanging. Patience paid off and the finished look provided a true family room, where everyone is represented and is part of the daily life of the family members. Inspired to get into your photos and art? Lay them all out on the floor or on a large table, just as they would hang on the wall, this will give you the ability to create a time line or theme if you wish to do so, and also help you visualize the finished product on the wall. 052 new Condo Guide november 2 - 16, 2013

When creating a collection of art on your walls, it is important to realize that the eye is always looking for a line or pattern, so you must create a cohesive look to the collection.

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Canarydistrict.com 416.603.7576

ES SAL TRE CEN

T ST

MEN LIA

PAR

. L ST MIL RY ILLE DIST RICT DIST

INE

Sales Centre - 9 Mill Street Monday - Thurs: 12pm – 6pm Fri, Sat, Sun: 12pm – 5pm

This is a limited time offer. Exclusive listing: Baker Real Estate Incorporated, Brokerage. Brokers Protected. Prices and specifications are subject to change without notice. Illustrations are Artist’s concept. E. & O. E.

NOVEMBER 2 - 16, 2013 NEW CONDO GUIDE 053

Toy train by Benoit Emond and Chantal Thibodeau Made in St-Roch Des Aulnaies, QC

#OOAKX13

NOVEMBER 2 - 16, 2013 NEW CONDO GUIDE 055

make your move

The 15-point

Dan Hopkins is COO at Two Men and a Truck – Canada. Visit twomen.ca

all can be a busy moving season, with folks trying to get into their new homes before the first snow hits the ground. I recommend the following 15-point checklist to help you make your move as stress-free as possible: {01} Double-check all closets, drawers and shelves to ensure they are emptied of contents. {02} Don’t pack important documents, medications, money or jewelry. Keep these with you. {03} Have some toys, games or special items on hand for the kids to keep them occupied during the move. {04} Remember to pack a box of basics that you may need on move-in day (tools, paper products, all-purpose household cleaners, etc.). Be sure to have it loaded last so that it will be first off the truck at your new home. 056 new Condo Guide november 2 - 16, 2013

// by dan hopkins

MOVING-DAY CHECKLIST {05} Don’t pack paint, bottles of bleach, gas cans or other flammable and combustible materials. It is against federal law for movers to transport these. {06} Use strong boxes and containers that can be secured tightly. Purchase special boxes for dishes, wardrobes and other special items. {07} Pack audio-video equipment in their original boxes. Label cables and tighten transit screws. Before removing cables, take pictures of the back of the unit so you can hook everything back up the same way quickly and easily. If removing screws, tape them to the objects they are removed from. {08} Avoid loading more than 50 pounds into one box. {09} Label each box and indicate the following: which room it should go in; whether it is fragile; and if it should be loaded last so it will be unloaded first. {10} Cushion contents with packing materials such as bubble wrap, newspaper or tissue. Save room by using towels and blankets to wrap fragile items. {11} Pack books tightly on end in small boxes. If they are musty smelling, sprinkle talcum powder between the pages and wrap the books before packing. Leave them stored for a couple of months to eliminate the smell. {12} Have rugs and draperies cleaned before moving and leave them in wrappings for the move. {13} Pack medicines in a plastic re-sealable zipper storage bag or leakproof container. {14} Check the weather forecast for your moving day. If it’s going to be rainy, as it often is in the fall, be sure to have the proper gear. {15} Call your moving company the day before your move to get a contact number for the crew in case you need to call them en route. Give your mover your cell phone number too, and be sure to fully charge your cell phone the night before your moving day.

is on the

Subway.

Coming soon. Register today.

New condominiums at Emerald City. Sheppard and Don Mills.

From the mid $200â&#x20AC;&#x2122;s.

Meet Biyu, Emerald City's sexy new condominium at Sheppard and Don Mills. Biyu is steps to the Don Mills Station and the fabulous shops at Fairview Mall. Best of all, Biyu is the latest addition to Emerald City, North York's hugely successful master plan community. Register today for more information. w

www.biyucondos.com Fairview Mall

Presentation Centre

Hyw 401

Hyw 404

Don Mills Rd

Sheppard Ave

Exclusive Listing: Baker Real Estate Incorporated Brokerage. Brokers Protected. Prices and specifications are subject to change without notice. E. & O. E. Illustration is artistâ&#x20AC;&#x2122;s impression.

NOVEMBER 2 - 16, 2013 NEW CONDO GUIDE 057

condo profile

Biyu at emerald city coming soon to ELAD Canada’s spectacular North York community

t’s chic, smart, well-appointed, and it’s coming soon to North York. Biyu at Emerald City is ELAD Canada’s newest condominium in the company’s master-planned community on Sheppard Avenue at Don Mills Road. Biyu comes hot on the heels of the nearly completed successful towers now under construction: Emerald City,

058 new Condo Guide november 2 - 16, 2013

Emerald City 2 and Dream Tower. Biyu offers a new and unique opportunity to own a brand new home in this exceptional location. Emerald City is a residential gem in the evolving Sheppard corridor of North York. The Don Mills subway station is just a few steps away, city buses are available in all directions, and access to the Don Valley Parkway and Hwys. 404 and 401 is quick. Even with easy access to highways, future Emerald City residents will not have to rely on vehicles to get around. The

epitome of pedestrian friendly, the area is bustling with an array of amenities including Fairview Mall across the street. Imagine being able to walk to high-end boutiques, major department stores, movie theatres, restaurants and a multitude of service venues from hair salons to travel agents. Biyu will rise to 13 intimate storeys to add a midrise component to the Emerald City mix. Perched on one of the highest elevations in North York, even Biyu’s second and third floors will offer breathtaking views, and toward the top of the building, owners will have vistas from north Toronto to Lake Ontario. The contemporary exterior is the brainchild of renowned WZMH Architects. A community in the truest sense of the word, Emerald City is right by a 50,000-sq.-ft. community centre for the use of all residents. Now under construction, this fabulous facility will encompass a grand outdoor pool with a pavilion; a well-equipped gymnasium with a yoga room, aerobics/dance studio and change rooms; a YMCA-run day care; and a rooftop garden and green roof. Biyu will feature its own private amenities appointed by celebrated II By IV Design Associates. Among them are an indoor pool and whirlpool open onto an outdoor terrace, his and her change rooms and saunas, and an equipped fitness centre with cardio and weights. Residents will also be able to access a multipurpose game room, media room with lounge seating, and a chic party room with a dining room, lounge and access to the landscaped outdoor terrace that includes a barbecue area.

Emerald City is a residential gem in the evolving Sheppard corridor of North York. The Don Mills subway station is just a few steps away, city buses are available in all directions, and access to the Don Valley Parkway and Hwys. 404 and 401 is quick

Suites will be priced from the mid-$200,000s – a remarkable value for this coveted location ELAD’s brilliantly designed and smartly appointed open-concept suite designs are infused with natural light from expansive windows. In addition, each suite has a balcony or terrace, and spaciousness is enhanced by nine-ft. ceiling heights. Kitchens come with quartz or granite countertops, ceramic tile backsplash and fully integrated quality appliances. Suites will be priced from the mid-$200,000s – a remarkable value for this coveted location. ELAD Canada is part of ELAD Group, one of the largest and most trusted diversified real estate organizations in the world. Based in Toronto, ELAD Canada’s substantial development portfolio includes multi-residential projects and condominiums in Montréal and throughout the GTA. Register now to be among the first to explore everything ELAD’s exciting new condominium, Biyu, has to offer. The presentation centre is at the southeast corner of Don Mills and Sheppard. Hours are Monday to Thursday 11 a.m. to 6 p.m.; Saturday and Sunday noon to 5 p.m. Visit biyucondos.com or call 416.492.0001.

november 2 - 16, 2013 new Condo Guide 059

Industry Insider

// By David Hirsh

amenities

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.

n recent articles I’ve covered many of the essentials pertaining to the process before and while you buy your new home or condominium to ensure you live in the best way imaginable. Enjoying a quality lifestyle is also composed of the experiences you have beyond the walls of your own home, as well as within the nearby vicinity. As we’ve explored, it’s important for your builder to consider how you live and how best to address your lifestyle requirements. By truly understanding who our purchasers are, we can cater to your wants and desires through the selection and implementation of on-site amenities

060 new Condo Guide november 2 - 16, 2013

contribute to a quality lifestyle

that will be right for you and will add value to your new home. We also serve your needs by choosing desirable locations in which to build, and by selecting areas that have an established infrastructure. Let’s start with community or “common” amenities, which are part of a condominium experience. Common amenities can be both within the building itself or part of the surrounding landscape, and are designed to enhance the smaller sizes that are often a fact of life in today’s condo suite. You can see the positive impact of these elements as soon as you come home. The lobby is your grand entrance, and it also serves as your guests’ first impression. Most new condos incorporate a concierge for security purposes, and to help with day-to-day duties such as package delivery, welcoming guests and general inquiries pertaining to the building. Other instances of places where you live beyond your own condo suite include a party room and fitness centre. These address space constraints and allow owners to entertain more people and give them access to workout facilities in the comfort of their own building. Exterior condo amenities might even include a landscaped terrace for al fresco dining or a green rooftop with communal barbecues, as many bylaws do not allow for personal barbecues on balconies. The design of lowrise and midrise master-planned communities is another great example of the various amenities that we, as builders, will conceive and incorporate, so homeowners have a better quality lifestyle. A builder might include an outdoor gathering spot such as a gazebo or pergola, and in the case of large-scale communities, a playground, park and even a trail system. The idea is to create a true sense of camaraderie through inclusion of places where people can gather and interact with their neighbours. Further to these built amenity spaces, are the neighbourhood hot spots that contribute to the convenience and relaxation of homeowners. For instance, when building in the city, a good idea would be to take into consideration proximity to restaurants, grocery stores, public transportation and/or highways. Nearby local infrastructure adds value to any community, as well as contributing to the extension of day-to-day enjoyment beyond the walls of one’s home or condo. If you can leave your home and enjoy your favourite activities and pastimes only steps from your front door, we have absolutely understood how to address your needs and contribute to a better quality of life.

IT’S BACK. DON’T MISS OUT.

E-A-S-Y

THE OWNERSHIP PROGRAM:

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

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

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

• • • • • •

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

YOU PUT DOWN

$10,000

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

10%

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

$450,000

WE’LL MATCH THAT

$10,000 = $20,000

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

Just like that, in 25 months, your down payment will be done and you’ll be the proud owner of an amazing new condo with expansive Terrence Lukas-designed interiors, spacious balconies, and amenities like The Studio Club, fitness centre and the city’s first indoor/outdoor heated party rooms.

ONLY $25,000 TO GO.

FOR THE NEXT 25 MONTHS, YOU PAY JUST $500/MONTH TOWARD THE DOWN PAYMENT AND WE’LL MATCH IT WITH AN EQUAL $500 DISCOUNT OFF THE PRICE OF YOUR CONDO.

SAFE – The Station is already under construction. SMART – Easy subway access and a 20-minute ride to downtown, mean condos at The Station will always be in demand. GREAT DEAL – With this innovative down payment plan you can finally afford to own your own place.

RUN. WALK. SUBWAY. HURRY. UNDER CONSTRUCTION.

WILSON SUBWAY

YORKDALE MALL

TIPPETT RD

ALLEN

WILSON AVE

HWY.401

YORKDALE SUBWAY

416.398.9777 THESTATIONCONDOS.COM

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

NOVEMBER 2 - 16, 2013 NEW CONDO GUIDE 061

Recipe

Smoky Cheddar

& Beer Fondue

a warm, gooey cheese fondue with friends on a cold autumn day. This recipe is perfect as a shared appetizer (serves four to six) or dinner for two.

Nothing is better than sharing

INGREDIENTS

›› 1 cup craft beer ›› 3 cups Balderson 2-year cheddar, grated ›› 1 cup Balderson double-smoked cheddar, grated ›› 2 tsp corn starch ›› 1 tbsp roasted garlic puree ›› 1 tsp ground nutmeg ›› Salt and pepper to taste DIRECTIONS

1. Pour beer into a double-boiler over simmering water. 2. Let the beer warm up without boiling. (Beer will froth up.) 3. Gradually whisk both cheeses into beer, adding small amounts at a time until cheese is fully melted and blended smooth. 4. Reduce to low heat, mix the corn starch with a little splash of beer into a slurry, and add to the melted cheese. Whisk vigorously to cook the starch and to allow the cheese to thicken further. 5. Stir in roasted garlic and nutmeg, salt and pepper. 6. Pour into ceramic fondue pot. 062 new Condo Guide november 2 - 16, 2013

Serve with a variety of artisan breads, roasted vegetables (potatoes, cauliflower, brussel sprouts, asparagus and mushrooms are ideal), crudités, hard fruits and pickled veggies. TIP If the mixture is too hard, add warm beer. If the mixture

is too soft, add more cheese. PERFECT PAIRINGS FOR THE SEASON

The one entertaining question we get asked more than any other at Cheesewerks is, “What pairs best with cheese?” For decades the go-to answer has been wine, but in recent years, craft beers, spirits and even sodas are finding their way to the table. Ultimately it comes down to personal taste and the theme you want to enjoy with your guests, there are no wrong answers. To help we’ve crafted a Cheese + Drink Pairing Guide you can download and use with your guests. A great way to enjoy the season, taste and appreciate the best of Canadian Cheese. Visit cheesewerks.com/pairing.

Kevin Durkee is the “Big Cheese” and culinary force behind Cheesewerks, Canada’s only restaurant 100 per cent focused on placing Canadian Cheese at the centre of every plate. Cheesewerks was conceptualized around a love for honest, authentic, ooey-gooey comfort food. Seeing an under-served niche so far as cheese – particularly artisan cheese – was concerned, Kevin decided to focus on this category, bringing Cheesewerks to fruition. In addition, Kevin is a freelance business developer, culinary tour leader and inspirational speaker for entrepreneurial passion and artisan food. cheesewerks.com

THE AWARD SERIES HAS ARRIVED

PLAN C17 1 Bedroom + Den

SMART DESIGN FAR ABOVE THE REST 88 Scott is proud to introduce the Award Series of homes. These newlyreleased, larger-than-average one bedroom, one bedroom plus den and two bedroom homes are inspired by our recent BILD Award for Best Suite Design under 750 square feet. Situated at the top of 88 Scott – from the 33rd to 52nd floor – the Award Series homes offer exceptional floorplans, luxurious finishes and spectacular views of the surrounding St. Lawrence neighbourhood and Financial District. 88 Scott is built by award-winning Concert and stands as a testament of our commitment to quality, integrity and superior standards of customer service. This is a limited release of newly created homes. Don’t miss out. Visit our Sales Centre today for more details.

TORONTO TO THE CORE

THE AWARD SERIES A new limited release of one bedroom, one bedroom plus den and two bedroom view homes

RNE S

O COLB

S TON

LING

WEL

O FR

T TT S SCO

88Scott.com

ST E

E ST

KING

88 SCOTT BAY

Sales Centre & Display Suite 100 Yonge Street Open Weekdays (except Fridays) noon to 7pm Weekends 11am to 5pm

G YON

SALES CENTRE

S RCH CHU

from $385,900

416.216.8588

Concert reserves the right to make changes to floor plans, pricing, project design, specifications, finishes and features. Suite size and floor plan layouts are approximate and may vary. E. & O.E. September 2013.

063

legally speaking

// by jayson Schwarz

Financing:

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.

efore you go condo shopping, visit your bank, trust company or other financial institution to see what amount of mortgage you qualify for. Take your significant other, if you have one, because everyone’s income and assets help. Once you know how much you can borrow, secure the best rate you can and lock it in for as long a period as possible. Don’t be afraid to negotiate – the banks want and need your business. Shop around for rates and lock-in periods. You should also visit the sales centre armed with your knowledge, and check what mortgage rate and term the builder is offering. Take note that the builder may have brought the rate down to make his package more attractive or forced his bank

064 new Condo Guide november 2 - 16, 2013

what happens if it goes wrong?

as part of his deal with them to offer special rates. Remember, if your bank’s offered rate and terms are close, you may be able to negotiate a better deal with the builder. If you do not take the builder mortgage you may be able to get some leverage in your overall negotiations as the builder may save money by not having to pay his bank for the better rate. Question this and make sure you understand all of the financing details. Regardless of where you go to get financing, get your commitment in writing! When we walk into that sales centre, all ready to buy our beautiful new condo, perhaps the most important piece of the puzzle we need to have is security in our financial arrangements. A tragedy waiting to happen occurs when you sign an unconditional offer, give your hardearned, harder-saved deposit to the builder and later find out you do not qualify for the mortgage. In other words, don’t buy the condo unless you have a mortgage commitment or a conditional deal. This leads us into the next part of the discussion – what happens if it goes wrong? An Agreement of Purchase and Sale for the purchase of land is a contract, and once it is signed it binds both parties to certain obligations. If either party does not hold up to their end of the arrangement, they can be held liable to the other party for either specific performance or damages. Firstly, if the purchasers default, they will likely lose their deposit. The builder will then have the option of suing to force them to close the deal and pay all legal fees related thereto, or sue them for any damages the builder might suffer before he resells the condo (for items such as interest, changes and price differential) and legal fees. Sometimes, in a booming market, kindhearted builders will release purchasers who have made a mistake or encountered personal tragedies. But don’t count on it!

Before you go new-condo shopping, visit your bank, trust company or other financial institution to see what amount of mortgage you qualify for The moral of the story is, make sure you have financing or that the offer is conditional for a few days on both financing and review by a lawyer. It is critical you get the right advice, and only a lawyer can provide legal advice – that is the law. When you select a lawyer, find one who cares about you and a long-term relationship. Happy condo hunting!

PHASE 2

Live at World On Yonge from

$284,000*

SALES CENTRE NOW ON-SITE! 7171 YONGE STREET - SHOPS ON YONGE MON. - THURS. 12 P.M. TO 7 P.M. SAT., SUN. + HOLIDAYS 12 P.M. TO 6 P.M. CLOSED FRIDAYS

WorldOnYonge.ca 905-771-7010 RICHMOND HILL

Live at Royal Gardens from

$239,300*

SALES CENTRE NOW ON-SITE! 370 HWY 7 EAST UNIT # 113 MON. - WED. 12 P.M. TO 7 P.M. SAT., SUN. + HOLIDAYS 12 P.M. TO 6 P.M. THURS. + FRIDAY BY APPOINTMENT

RoyalGardensCondos.ca

905-889-9997 DANFORTH AVE.

Live at Terrace On Danforth from

$234,000*

SALES CENTRE NOW ON-SITE! 3520 DANFORTH AVENUE MON. - WED. 12 P.M. TO 7 P.M. SAT., SUN. + HOLIDAYS 12 P.M. TO 6 P.M. THURS. + FRIDAY BY APPOINTMENT

TerraceOnDanforth.ca 416-987-7575

MOVE IN 2013!

YONGE ST.

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

YEARS IN THE MAKING

Ten years in the making and winner of prestigious awards, Thornhill City Centre represents the pinnacle of urban master planning. A community that beautifully integrates nature, amenities, transit and lifestyle around a panoramic central park, Thornhill City Centre is today home to nearly 2,000 families.

% DEPOSIT

NOW SELLING THE SECOND TOWER HURRY IN! GREAT SELECTION AVAILABLE

HIGHWAY 7

HIGHWAY 404

SALES OFFICE HOURS: Monday – Thursday 12 p.m. to 7 p.m. Weekends & Holidays 12 p.m. to 6 p.m. Friday Closed

WESTON RD.

SALES OFFICE NOW OPEN: 7777 Weston Rd.

HIGHWAY 400

READY! HIGHWAY 427

GET ON BOARD AT CENTRO SQUARE!

HIGHWAY 407

STEELES AVE.

WESTON RD. & HWY 7 | WOODBRIDGE 2013 PLACES TO GROW COMMUNITY OF THE YEAR

RESIDENTIAL | RETAIL | OFFICE CENTROSQUARE.CA | 905-851-8877 *Purchaser’s Deposit Bond. Restrictions apply. See Sales Representative for details. All illustrations are artist’s concept only. ©2013 Liberty Development Corporation. All rights reserved. Brokers Protected.

NOW SELLING THE FINAL CHAPTER OF AN EPIC STORY

ICONIC ARCHITECTURE • FABULOUS PARK VIEWS • AT-YOUR-DOOR TRANSIT Legacy Park is the final phase of a master-planned community that has been 10 years in the making. Including a beautiful landscaped Roof Top Terrace overlooking a scenic 5-acre park and an array of suite designs that offer a brilliant fusion of style and substance, this is the grand finale you do not want to miss.

Condos from the $280’s

See Sales Representative for details. All prices, figures, sizes, specifications and information are subject to change without notice. E.& O.E. All illustrations are artist’s concept only. ©2013 Liberty Developemnt Corporation. All rights reserved.

BEVERLY GLEN BLVD.

7890 Bathurst St. CENTRE ST.

BATHURST & CENTRE STREET

YONGE ST.

905-731-8302

407 BATHURST ST.

LegacyParkCondos.com

TTC/VIVA

STEELES AVE W.

NOVEMBER 2 - 16, 2013 NEW CONDO GUIDE 065

condo profile

TERRACE ON DANFORTH TRULY HAS IT ALL!

TTC, great schools, proximity to waterfront – just a few of the offerings at Warden and Danforth pictured above

Concept party room

pictured on opposite page

Conceptual exterior rendering

ith a prime location and offering all of the advantages of an urban condo lifestyle without downtown prices, Terrace on Danforth has been a resounding success. Liberty Development Corp.’s east-end development at Warden and Danforth is a contemporary seven-storey midrise boasting 95 residential suites. Terrace on Danforth gives the opportunity for

066 new Condo Guide november 2 - 16, 2013

residents to live, work, shop and play, all within minutes of home. “Location is one of the most important factors that purchasers consider when looking to buy,” says Shawn Richardson, sales and marketing manager at Liberty Development Corp. “The Terrace on Danforth location is fantastic, close to retail and transit, great schools – all of the necessities.” The area is blessed with an array of idyllic leisure facilities, including Bluffer’s Park, recreational nature trails, as well as several golf courses, including Dentonia Park Golf Course.

Residents can channel their inner chef in the deluxe kitchens, complete with all the luxury touches: granite countertops, European-style cabinets, ceramic tile backsplash, and a stylish, single-lever faucet and vegetable spray Residents can shop to their hearts’ content at nearby shopping centres or take in a movie at one of the area’s movie theatres. And, only minutes away is the popular Beach neighbourhood, known for its picturesque boardwalk, gourmet restaurants and boutique retail shops. Getting around is a breeze with the convenient access to TTC bus lines and subway access a stone’s throw away. That prime location, coupled with an affordable, high-quality condo lifestyle that offers an alternative to the traditional homes in the area, is appealing to movedown and first-time buyers. Terrace on Danforth offers an array of suites appealing to a broad spectrum of homebuyers, including one-bedroom, one-bedroom-plusden, two-bedroom and twobedroom-plus-den configurations, from a functional 580 sq. ft. to a spacious 1,215 sq. ft. Prices start at $234,000 and range up to $495,000. Elegantly designed suites feature private in-suite laundry, state-ofthe-art wiring, and a television security system, with some units boasting private terraces. Residents can channel their inner chef in the deluxe kitchens, complete with all the luxury touches: granite countertops, European-style cabinets, ceramic tile backsplash, and a stylish, single-lever faucet and vegetable spray. The appliance package

includes a self-cleaning ceran-top oven, microwave hood fan vented to outside, a multi-cycle dishwasher and a frost-free refrigerator. All appliances are Energy Star rated — just one of several Green features of the building, which also includes energy-conserving double-pane low-E glazing and individual suite metering. Bathrooms evoke a spa-like feeling, boasting high-end finishes such as a soaker tub with tasteful ceramic-tiled surround, ceramic tiled floor, a choice of designer-inspired vanities with single-lever faucets and pressurebalanced valves for the tub and shower fixtures. Terrace on Danforth offers a full roster of amenities, including a party room, which features a kitchen and a wet bar. Those looking for a good workout can break a sweat in the fitness room complete with exercise machines and yoga mats. The beautifully landscaped sixth-floor terrace offers breathtaking views of the surrounding neighbourhood – the perfect place to kick back and relax. Move in this year to Terrace on Danforth! Find out more today by visiting the Terrace on Danforth sales centre at 3520 Danforth Ave., open Monday to Wednesday from noon to 7 p.m.; weekends and holidays from noon to 6 p.m. For more information call 416.987.7575 or go to terraceondanforth.ca.

november 2 - 16, 2013 new Condo Guide 067

money matters

// By Gail Vaz-Oxlade

Coming clean What You Have

Get your latest statements (or if you’re planning to do this, save your next statements) for your:

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

o you’re getting married. Have you been completely honest with your partner about your finances? Now’s the time to ‘fess up. If you aren’t prepared to talk about your money, about the mistakes that you’ve made, about your successes, about your dreams for the future and your hopes for your life together, then just call it off now! Still getting married? Okay, now gather up all your financial papers, grab a notebook, pencils, a calculator and some file folders. As you do this, you might as well get your money organized, if you haven’t already done so.

›› chequing account(s) ›› savings account(s) ›› investments (GICs, term deposits, mutual funds, brokerage account) ›› pension (corporate and RRSP) ›› equity in any property (the value of the property less the mortgage amount) ›› ownership in a business ›› any other property you may have an interest in (like a family cottage)

If you’re just starting out financially, you may only have one or two pieces of paper to work with. Lucky you. If you’ve already established yourself financially, you may have scads of paper. List the financial institution(s) and your balance(s) for each of the statements you’ve gathered. What You Owe

Now it’s time to look at your debt, if you have any. Gather up your most recent statements for your:

›› credit card(s), including store cards and gas cards ›› line(s) of credit ›› loan(s), including car loans and student loans ›› mortgage ›› buy-now-pay-later purchases ›› pay advance loans ›› taxes (last year’s tax return)

Again, list each company to whom you owe money, your balances, and the interest rate you’re paying. If you have an account that’s in overdraft, you’d put the overdraft amount on this list. Other Financial Stuff

Next, make a note of the following:

›› How much do you earn gross and net? What benefits do you have where you work? Whose job will take priority (if, for example, you have to move for a career opportunity)? ›› Do you own a car (or other vehicle)? How old is it? When will you likely need to replace it? ›› If you didn’t do it before because you didn’t owe the tax man any money, find a copy of last year’s tax return now. ›› Do you have any insurance (through work, or purchased)? Who’s it with? What’s it for (life, disability, medical, critical illness)? What’s the insurance benefit? Who is the beneficiary? Will you be changing the beneficiary once you marry? ›› Do you have a will and powers of attorney? (Once wed, you’ll have to re-do your will.) ›› Get a copy of your credit report to see how you look to lenders. The worse your credit history, the more you’ll pay in interest since you’re a higher credit risk. ›› How will you deal with interruptions in income as they come (which they, undoubtedly continued on page 70…

068 new Condo Guide november 2 - 16, 2013

G N I N E P O D N ! A S E R U G N ENTATION I T N O C PRE S E Y H A T D T I O S T I E V CENTR

LIVE CONNECTED TO DOWNTOWN, MIDTOWN & CROSSTOWN URBAN CONDOS ON YONGE AT EGLINTON FROM THE $200’s Right on the Yonge subway line & Crosstown LRT

YONGE ST.

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NOVEMBER 2 - 16, 2013 NEW CONDO GUIDE 069

money matters

continued…

Get a copy of your credit report to see how you look to lenders. The worse your credit history, the more you’ll pay in interest. will) if one of you loses a job, you have children, if a family member becomes ill, or you decide to continue our education? ›› What other financial responsibilities do you have (like a commitment to support a family member, child support or spousal support, aging parents, needy siblings and the like)?

Now that you’ve each sketched a picture on paper of your financial realities, it’s time to talk. One of the first questions you’ll want to address is: “Will we pay off debt before we get married?” If yes, then you have to make a plan for your debt repayment. Decide how long you have till you’re getting married and then divide the amount you owe by the number of months until you tie the knot. It’s not perfect, but it’ll give you a good idea of how much you’ll have to shell out to dig yourself out of the hole before you plunge into wedlock. If you decide to tackle the debt together once you’re married, how? Will it come from your current joint cash flow? Will one or both of you get a second job to pay down the debt? Don’t even think about having kids until you’ve paid off all your consumer debt. Since one or both 070 new Condo Guide november 2 - 16, 2013

of you will likely want to spend time at home with your “Mini Me,” you’ll have less income to live on. Maternity or paternity leave isn’t a right, it’s a privilege, and one you exercise only if you can afford it. You won’t be able to make ends meet on less income if you’re still repaying stupid debt. If one of you has a bad credit history, what will be done to fix it so when the time comes to buy a home (or a new car), there are no surprises (and no whopping interest costs)? If one of you is an on-again-offagain money manager, remember that if you have a joint account, any missteps going through that account will be reported on both your credit histories. While money is the numberone way to mess up a perfectly good relationship, I have met couples for whom relationship issues lead to money problems. While you’re in questioning mode, why don’t you answer the following 12 questions too? ›› How are we going to divide up the household chores? ›› How much time will we spend at work, at home together, doing our own thing? ›› What are our expectations about how we will spend our free time? ›› Do you believe that we should

be doing everything together? ›› What role will religion/spirituality play in our lives together? ›› Can we each pursue our own interests? ›› Do you need time alone? ›› What role will our families and friends play in our lives? ›› What’s your philosophy on having/raising children? ›› How will having a child change the way we live? ›› How would you feel if I want a night out with my friends? ›› How will we make sure we have quality time together?

Now that you’ve come clean, you should be ready to move forward together without too many big surprises. Marriage requires constant attention. Just when you think everything is going smoothly, your significant other will say or do something that takes your breath away. Know, also, that no matter how well paired you seem at first, as time goes by and you each change, you won’t be the person you were when you married and neither will (s)he. Give each other room, and revisit the questions you sense may have different answers. For while it may feel safer ignoring your differences, that’s a fool’s game. So communicate, don’t disintegrate.

NOVEMBER 2 - 16, 2013 NEW CONDO GUIDE 071

condo profile

Garrison Point Soaring to new heights in urban architecture

ityzen, Fernbrook Homes and DiamondCorp are celebrating one of Torontoâ&#x20AC;&#x2122;s most exciting new communities: Garrison Point. A dynamic master-planned community comprised of five towers and a host of hot amenities, Garrison Point will rise just north of historic Fort York.

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“Garrison Point has been all about vision,” says Cityzen president Sam Crignano. “The vision is to create a brand new community that will be nestled amongst some of Toronto’s most dynamic neighbourhoods. To the west is Liberty Village. To the north, King West. The lake shore is to the south and, of course, downtown is just east. Garrison Point will be at the centre of it all.” Garrison Point will be home to sleek condo suites and expansive townhomes. So, whether you’re a first-time buyer on the prowl for a stylish bachelor pad, or you’re looking for a downtown location to raise your growing family, Garrison Point is a place to call “home.” Designed by award-winning architects Hariri Pontarini, the first tower will rise at Strachan Avenue and Ordnance Street. Acclaimed interior designer Munge Leung has created a new standard for ultrachic living with some of the most remarkable interior spaces available in any Toronto condominium community. The grand lobby will exude distinctive urban elegance, while the residents’ lounge offers a relaxed, contemporary atmosphere. Suites in the first tower range in size from efficient one-bedroom designs of 511 sq. ft., up to a spacious two-bedroom-plus-den design of more than 1,100 sq. ft. All suites at the first Garrison Point tower will feature soaring, nine-ft. ceilings, contemporary kitchens with granite countertops, and spa-inspired bathrooms with deep soaker tubs. But the new homes are just one part of what will make Garrison Point so dynamic. The neighbourhood will have parks, cycling and walking paths, a public pool and local shops. Even a fitness centre has been proposed. “Garrison Point will be so much more than an average development,” says Crignano. “We’re creating a real community.” No matter what it is that you love about life in Toronto, you’re sure to find it at Garrison Point. And the surrounding area features some of the hottest destinations in Toronto – the trendy shops of nearby Queen West, the clubs and restaurants of King West, the über-hip bars and restaurants on the Ossington strip, BMO Field, the CNE and more. And thanks to its unique location, the homes at Garrison Point will also boast something that few other downtown condominiums can – protected views.

Garrison Point will be home to sleek condo suites and expansive townhomes. So, whether you’re a first-time buyer on the prowl for a stylish bachelor pad, or you’re looking for a downtown location to raise your growing family, Garrison Point is a place to call “home.” “We know that a big part of why you purchase any downtown condo is for the view,” says Crignano. “And there’s nothing more disappointing than having that view replaced with another building just a few years down the road. But at Garrison Point, with the protected lands of Fort York to the south and parklands to the east, you’ll enjoy the most unobstructed views of any community in the area.” So, get to the point, and learn about all that the exciting new community of Garrison Point has to offer. Visit GarrisonPoint.ca or call 416.278.8071 to learn more.

november 2 - 16, 2013 new Condo Guide 073

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newhomeguide.ca 074 NEW CONDO GUIDE NOVEMBER 2 - 16, 2013

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075

in the news

Bank of Canada

maintains overnight rate target at one per cent that it is maintaining its target for the overnight rate at one per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent. The global economy is expected to expand modestly in 2013, although its near-term dynamic has changed and the composition of growth is now slightly less favourable for Canada. The U.S. economy is softer than expected but as fiscal headwinds dissipate and household de-leveraging ends, growth should accelerate through 2014 and 2015. The nascent recovery in Europe, while modest, has surprised on the upside. Chinaâ&#x20AC;&#x2122;s economy is showing renewed momentum, while growth in a number of other emerging market economies has slowed as their financial conditions have tightened. Overall, the global economy is projected to grow by 2.8 per cent in 2013 and accelerate to 3.4 per cent in 2014 and 3.6 per cent in 2015. The Bank of Canada has announced

076 new Condo Guide november 2 - 16, 2013

2013

2.8% 2014

3.4% 2015

3.6% Overall, the global economy is projected to grow by 2.8 per cent in 2013 and accelerate to 3.4 per cent in 2014 and 3.6 per cent in 2015.

In Canada, uncertain global and domestic economic conditions are delaying the pick-up in exports and business investment, leaving the level of economic activity lower than the Bank had been expecting. While household spending remains solid, slower growth of household credit and higher mortgage interest rates point to a gradual unwinding of household imbalances. The Bank expects that a better balance between domestic and foreign demand will be achieved over time and that growth will become more self-sustaining. Real GDP growth is projected to increase from 1.6 per cent in 2013 to 2.3 per cent in 2014 and 2.6 per cent in 2015. The Bank expects that the economy will return gradually to full production capacity, around the end of 2015. Inflation in Canada has remained low in recent months, reflecting the significant slack in the economy, heightened competition in the retail sector, and other sector-specific factors. With larger and more persistent excess supply in the economy, both total CPI and core inflation are expected to return more gradually to two per cent, around the end of 2015. Although the Bank considers the risks around its projected inflation path to be balanced, the fact that inflation has been persistently below target means that downside risks to inflation assume increasing importance. However, the Bank must also take into consideration the risk of exacerbating already-elevated household imbalances. Weighing these considerations, the Bank judges that the substantial monetary policy stimulus currently in place remains appropriate and therefore has decided to maintain the target for the overnight rate at one per cent. The next scheduled date for announcing the overnight rate target is Dec. 4, 2013.

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079

Homebuyers’ Help

Choosing

the right home builder When buying a new condo,

you’ll be considering everything from location and size to the many finishings that will make it “home.” One of your first and most important decisions is to make sure you’ve chosen the right builder. In Ontario, new-home builders must be licensed and provide home owners with a Tarion-backed warranty, which ensures homes are constructed in a workmanlike manner, free from defects and constructed in accordance with the Ontario Building Code. Before you sign a purchase agreement, be sure to research your builder. The first step is to check that the builder is in fact licensed by visiting the Licensed Builder Directory on Tarion.com. The directory also shows builder customer service records for the past 10 years, which includes any chargeable conciliations and claims. A chargeable conciliation occurs if a builder and a homeowner disagree about whether an item is covered under the warranty program and, after an inspection, the item is found to have been covered under the warranty. Claims refer to situations where the builder did not resolve a homeowner claim and Tarion stepped in to work directly with the homeowner to resolve the issue. You may want to consider these 080 new Condo Guide november 2 - 16, 2013

Before you sign a purchase agreement, be sure to research your builder numbers in comparison to the number of new home possessions in the builder’s profile. The next step is to ask around. You may want to walk around neighbourhoods where the builder has built condo communities and inquire about these homeowners’ experiences. Speaking to other homeowners will give you a good indication of whether the builder stands behind his/her construction and is attentive to customers over the long term. You can also ask for references in online communities and on social media platforms. There are a number of active home-related sites where homeowners share experiences. If you have questions about whether a builder is registered or about their customer service records, call Tarion at 1.877.9.TARION. NC

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Designer Advice

beyond

the basics:

designer essentials // by Yanic Simard

There are some furnishing basics every space needs, that we all see every

day: comfortable chairs, room-brightening lamps, desks for perching that laptop or good book, beautiful art dressing the walls. As a designer, it’s my job to see beyond the basics, and look to pieces that don’t just serve an obvious function, but solve each client’s specific design dilemmas while adding true beauty, and a sense of surprise. When you really open your eyes – and know where to look – you can find unexpected answers to design questions and take your space to a whole new standard of living. The next time you’re shopping for some must-haves, bring along this essential guide to going beyond the basics:

november 2 - 16, 2013 new Condo Guide 083

bulb. This touch of industrial style plays well against traditional or modern furnishings because of the raw, elemental nature of the exposed filament. Get the look Universal Lamp carries a wide selection of styles in-store and even more by order. I especially love the dramatic Medusa lamp with its array of bulbs adding a rich glow while making a bold statement.

1 lighten up › Adding layers of light to a room is key to beautiful design. Harsh shadows from one lonely lamp drag down any décor, so you should always include as many types of lighting as possible (sconces, floor lamps, table lights, pendants, etc). However, the lighting source doesn’t have to be strictly functional. Consider choosing a piece that makes its own statement – after all, it’ll be under the spotlight. › Simple white shades are timeless (the modern trend being non-tapered cylinders and squares), but even more trendy is the bare Edison-style

084 new Condo Guide november 2 - 16, 2013

2 multi-task masters › An absolute staple I’ve returned to again and again for many clients and many designs, simple stools can function as side tables, extra seats, or cocktail tables (especially when clustered together), and tuck away or move easily to suit so many uses. If you see a form you love, reaching 16 to 18 inches high, perhaps it can double as seat and table. Hard stools are great if you prioritize the table space (pulled up to seats to hold a drink), and soft stools make for plusher seating (but can still hold a serving tray). Either way, use this as a chance to add a new texture, like faux fur, cowhide, rich wood or natural stone. Get the look Visit Toronto designer mainstay L’Atelier. Shop their showroom, or ask to order one of the many cool and playful options from Made Goods. 3 Hit the bench › Often associated with pianos or parks, the humble bench is a powerful piece of seating. I like to use one in long or awkward floor plans for its ability to connect spaces. In a room too big for one seating group, break the space into multiple areas with a bench in the middle to serve both seating areas. It creates a visual line, while serving double duty.

› A bench also makes a stylish seat for your dining table (just stick to a two-seater so nobody is trapped in the middle), or an extra cocktail table option for Standing-Room-Only occasions. 4 get seated: › While most homes will have a standby sofa or sectional for everyday lounging, don’t underestimate the value of a full-sized, singleseat chair. You’ll want something that will cocoon you when you just need some alone time. A pair of matching sofas can be a great look, but don’t be afraid of asymmetry (and different periods). The best groupings include some variety to suit all different seating situations. › Upholstered furniture does not have to use the same material on the front and back, which gives you another great chance to embrace a highimpact look in a smaller dose. A bold fabric or finish on just one side gives a touch of drama without sacrificing any practicality. Then use accent pillows in a relating fabric to connect it back to your sofa for harmony. Get the look When I visited the newly opened shop In the Know (ITK), they had not one but two cool classic egg chairs – one in bold red and one with an industrial metal “shell” with brown leather seat. Of course, at ITK every item on the floor drops in price every week until they’re quickly snapped up, so visit often. 5 Looking Back › A mirror is often thought of as a fashion accessory. One full-length mirror in the bedroom for getting dressed, and one in the foyer for a quick out-the-door check. However, mirrors are bigger than ever as a décor accessory that, besides doubling the visual space, can bring beauty all their own. Antique mirrors, with natural (or applied) patina, bring a very on-trend touch of old-world glam to a space. › I recently designed a custom aged glass mirror for a client, but you can simulate this look with a fun DIY project by picking up a stripping or antiquing kit, some gold spray paint, and a budget mirror. Make sure to read the directions carefully (and wear protective gear), and once the antiquing is finished a few tiny spurts of the spray paint will give it an extra level of dimension. Get the look Get a simple mirror from IKEA and look to hardware or art supply stores for etching kits, or visit Zilli home for wall hung and oversized floor options in a range of styles.

Add to this... › A sleek Calvin Klein Home sofa › Minam.com’s cool Market Shelf ladder-style shelving unit › An area rug that anchors the entire furniture group (try Restoration Hardware for a traditional woven style, or Pampa Leather for a rich leather patchwork) Now that you’ve got some great new ideas for next-level musthaves, you should be ready to take your décor from simply practical to its full potential. And if you’re worried about mixing the pieces together, you’ve got a good start to that, too – all of these pieces can work together to start your cool condo look. You’ll be well on your way to a total design solution. Now keep your eyes open, and look beyond the basics!

Yanic Simard is the principal designer of the Toronto Interior Design Group. Specializing in residential and commercial projects, Simard often applies his signature high/low and old/new combination design techniques in developing unique designs. Simard has created designs for clients in Toronto, Montreal and Miami, and has appeared as a regular guest expert on Citytv’s CityLine. For more information visit tidg.ca november 2 - 16, 2013 new Condo Guide 085

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GTA Edition November 2 - 16, 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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torontoregionalmaps: Toronto, East York, York

088

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

# Builder 4 Gairloch Investments 6 Cresford Development Corp. 7 The Daniels Corporation 10 Empire Communities 15 Tridel Corporation 17 Rockport Group 20 Tower Hill Development Corporation 21 Easton’s Group 21 Remington Group 23 Tribute Communities 26 Bazis Inc. 27 The Daniels Corporation 28 Empire Communities 52 Cresford Development Corp. 58 Great Gulf Homes 60 Canalfa Group 117 Bazis Inc. 124 Pinnacle International 129 Concert Properties 140 Eden Shaw 149 Camrost - Felcorp 171 Camrost - Felcorp 189 The Daniels Corporation 192 MintoUrban Communities Inc. 199 Fieldgate Homes 201 Solotex 202 Bazis Inc. 215 Dundee Kilmer Developments 217 Pemberton Group 218 Malibu Investments Inc. Menkes Developments Inc. 1 Goldman Group & Lash Dev. Corp. 1 Goldman Group & Lash Dev. Corp. 2 Great Gulf Homes 3 Concord Adex 3 Concord Adex 3 Concord Adex 3 Concord Adex 4 Tridel Corporation 5 Onni Group of Companies 5 Onni Group of Companies 8 Cresford Development Corp. 8 Cresford Development Corp. 8 Cresford Development Corp. 9 Aspen Ridge Homes 11 Menkes Developments Inc. 11 Menkes Developments Inc. 12 North Drive Investment 13 Streetcar Development 14 Canalfa Group 16 Freed 18 Urban Capital 18 Urban Capital 19 KIngstone Road Development 20 Menkes Developments Inc. 21 Remington Group 22 Tridel Corporation 24 Greenpark Homes 25 Tridel Corporation 29 Pinnacle International 29 Pinnacle International 30 Tower Hill Development Corporation 32 Madison Homes 33 Lamb Development Corp. 37 Cresford Development Corp. 41 Concord Adex 46 Conservatory Group *TH: Townhomes, C: Condo

Site Telephone TH* C* Price Range Page Finder 383 Sorauren 383sorauren.com 109 9L Merton Yonge Condominiums 416-484-1900 • from $450,000 136 14e High Park Condominiums 416-351-1844 • from $300,000 15 8L The HUB 416-784-3482 • from $250,000 7 9F 101 Erskine 416-480-0700 • from $285,000 BC 14D The Nest 416-223-0003 • from $250,000 51 11H 2221 Yonge 647-350-2221 • from $200,000 69 14E Westinghouse Lofts 416-599-1355 • from $200,000 77 12N Westinghouse Lofts 416-599-1355 • from $200,000 77 12N The College 416-363-4800 • from $320,000 55 M14 One Yorkville 1yorkville.ca • 5 15I One Park Place South 416-955-0559 • from $200,000 49 & Insert 18k Water Tower at Eau Du Soleil 416-503-3328 • from $320,000 6 25B CASA III 416-486-2272 • from $250,000 135 15L Monde 416-466-8885 • from $307,000 28 & 128 17M Liberty Central by the Lake 416-537-0047 • • 75 12N Exhibit 416-967-7778 • 23 14i The Pinnacle on Adelaide 416-596-1600 • from $334,000 95 15M 88 Scott 416-216-8588 • 63 17M Chaz Yorkville Condos 416-922-0045 • from $320,000 41 16J Imperial Plaza 416-925-2501 • from $850,000 3 15I Yorkville Plaza 416-966-3003 • • from $350,000 1 14H Cinema Tower Condominiums 416-203-2020 • from $450,000 37 14M 30 Roe 416-915-3812 • from $324,000 45 14D 90 Niagara 90niagara.com from $350,000 38-39 14L Upper Beach Townes • 86 24G E Condos 416-243-8688 • from $300,000 19 14E Canary District Condominiums 416-603-7576 • from $300,000 53 18L TEN93 Queen West 905-326-4100 • 8 12F Smart House smarthousetoronto.com • from $250,000 47 15L Harbour Plaza menkes.com • INSERT 530 St. Clair Ave. West 416-868-0500 • from $344,000 12H the rushton rushtonliving.com • from $344,000 12H Yonge+Richmond 416-499-8883 • from $273,000 16K Grand Parade 2 at Concord CityPlace 416-813-2999 • 15M ParadeTWO Park Collection at Concord CityPlace 416-813-2999 • from $308,000 15M Quartz 416-813-2999 • • 15M Spectra 2 416-813-2999 • • 15N Aqualina at Bayside Toronto 416-514-2710 • 16E Garrison at the Yards 416-260-2600 • from $190,000 14n West Lake 416-260-2600 • from $240,000 14N NXT 2 416-977-5300 • • from $300,000 8N NXT2/Phase Two 416-977-5300 • • from $210,000 8N NXT 416-977-5300 • • from $300,000 8N VU 416-970-9500 • • from $370,000 16L Pears on the Avenue 416-323-0100 • from $382,000 14I 365 Church 416-591-7700 • from $250,000 14I The High Park 416-670-3699 • from $300,000 8L Trinity Lofts 416-690-2988 • from $330,000 19l Liberty Place 416-537-0047 • • from $170,000 12N 155 REDPATH 416-996-5428 • from $250,000 14D River City 416-862-0505 • • from $250,000 18L River City 2 416-862-0505 • • from $250,000 18L The Glen 416-694-3333 • from $255,000 23H Fabrik 416-591-7700 • from $250,000 14M King Blue Condominiums 416-599-1355 • from $250,000 12N Ten York 416-596-9888 • from $1020,000 12F Axiom Condominiums 647-352-4077 • from $225,000 17L Spadina Queen 416-661-1949 • 15D Success Tower at Pinnacle Centre 416-360-0673 • from $750,000 17m 33 Bay Residences at Pinnacle Centre 416-925-3325 • from $375,000 17m Churchill Park Condominiums 416-966-9080 • from $900,000 13H The Madison 416-482-8090 • from $420,000 14E Riverside Towns 416-368-5262 • from $460,000 19L Lofts 399 416-867-3999 • from $390,000 14L Infinity The Final Phase 416-214-1988 • from $300,000 16m Milan 416-928-7409 • from $520,000 15I

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

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

Builder

Cresford Development Corp. Times Developments Inc. MintoUrban Communities Inc. MintoUrban Communities Inc. Lanterra Developments Lindvest Pemberton Group Lamb Development Corp. E-Park Development Emsatec Canada Inc Neudorfer Corporation Madison Homes State Building Group Empire Communities Lamb Development Corp. Tridel Corporation Harhay Developments Carttera Fernbrook Homes/Cityzen Dev. DHD Developments Great Gulf Homes Lamb Development Corp. Harhay Developments Plaza Menkes Developments Inc. Lifetime Developments Aspen Ridge Homes Context Development Inc. Context Development Inc. The Brownstone Group of Companies The Brownstone Group of Companies Great Gulf Homes Plaza Metropia Plaza Pemberton Group The Daniels Corporation The Daniels Corporation The Daniels Corporation Great Gulf Homes Lifetime Developments Lifetime Developments Triangle West Development Lanterra Developments Tridel Corporation Tridel Corporation Tribute Communities Tribute Communities Graywood Developments Mod Developments Inc. Canderel/Stoneridge Alterra Homes/Finer Space 45 Charles Ltd. BSaR Ltd Andrin Homes Graywood/Beaverhall Development Aspen Ridge Homes Cityzen Fernbrook Homes Fernbrook Homes Urban Capital Malibu Investments Inc. Alit Developments Tre Memovia Developments Lifetime Developments Lifetime Developments Castlepoint/Cityzen/Fernbrook Pianosi Developments Sorbara Group Streetcar Development Mizrahi | Khalili Developments Sorbara Group Graywood Developments Mod Developments Inc. Reserve Properties Reserve Properties Pemberton Group Streetcar Development Greenpark Homes Cresford Development Corp. Tri-Win Developments Inc Burnac Corporation Lifetime Developments Centre Court Development Streetcar Development Menkes Developments Inc. Freed Carttera Easton’s Group Rio Can Metropia Mod Developments Inc. Reserve Properties Castlepoint/Numa Torbel Group Urban Capital TAS DesignBuild Freed Mansouri Living

*TH: Townhomes, C: Condo

Site

Telephone

TH* C*

Price Range

Page

CASA 2 416-977-1100 • from $250,000 The 500 Condos + Lofts 416-960-0606 • from $400,000 King West 416-367-5464 • from $210,000 775 King West 416-367-5464 • from $330,000 3018 Yonge In Lawrence Park 416-787-8882 • from $390,000 B Streets 416-532-6636 from $320,000 The Uptown Residences 416-987-3500 • from $950,000 The Brant Park 416-703-7271 • from $250,000 Foundry Lofts 416-531-7760 from $399,000 The Brownstones 5 416-531-7760 • from $350,000 Brownstones 416-531-7760 • from $305,000 The Upper Canada Condominium 416-489-5194 • from $1800,000 The Upper Canada Condominiums 416-489-5194 • from $1.8,000 Schoolhouse 416-979-1333 • from $595,000 Flatiron Lofts 416-368-5262 from $243,000 300 Front Street West 416-217-0300 • from $324,000 One Eleven Condominiums & Lofts 647-347-4111 • from $250,000 One Eleven Condominiums & Lofts 647-347-4111 • from $250,000 Pier 27 Waterlink 416-367-3456 • from $800,000 Condos at The Distillery 416-361-1322 • from $400,000 One Bloor Residences 416-922-0081 • from $535,000 The King East 416-368-5262 • from $435,000 East Condos & Lofts 416-368-5262 • from $310,000 King West 647-341-1731 • from $346,000 Four Seasons Private Residences Toronto 416-775-7500 • from $1900,000 Four Seasons Private Residences Toronto 416-775-7500 • from $1900,000 Seventy Seven Charles Yorkville 416-203-7034 • from $2100,000 Market Wharf 416-861-8181 • from $260,000 Library District Condominiums 416-861-8181 • from $222,000 Brownstones in Davenport Village 416-531-7760 from $245,000 Brownstones on the Park 416-531-7760 • from $260,000 Charlie 416-927-9772 • from $251,000 Ivory On Adelaide 647-341-1731 • from $279,000 Exhibit 416-967-7778 • Exhibit 416-967-7778 • U Condominiums 416-546-6605 • from $2500,000 One Park West 416-955-0559 • from $406,000 One Park Place Condominiums 416-955-0559 • from $200,000 Festival Tower 416-203-2020 • from $350,000 X2 416-927-0080 • from $303,000 X2 416-927-0080 • from $303,000 Bisha Hotel & Residences 416-637-2211 • from $274,000 Art Condos 416-535-7775 • from $530,000 Riverhouse at the Old Mill 416-766-7343 • from $520,000 Two Old Mill 416-645-7022 • from $356,000 Old Mill 416-645-7022 • from $450,000 RCM I on University 647-351-9247 • from $393,000 Queen & Portland 416-363-4800 • from $315,000 5 St. Joseph 416-928-0555 • • from $250,000 5 St. Joseph 416-928-0555 • • from $250,000 DNA 3 416-929-1030 • from $220,000 Post House Condominium 416-964-2777 • from $350,000 Chaz Yorkville Condos 416-922-0045 • from $320,000 12 Degrees 416-408-1200 • from $350,000 The Berwick 416-922-9425 from $280,000 The Mercer 416-597-6940 • from $350,000 Studio on Richmond 647-352-7736 • from $300,000 Backstage on the Esplanade 416-777-2533 Backstage on the Esplanade 416-777-2533 Vero 416-798-7070 from $250,000 Tableau Condominiums 416-591-8887 • • from $450,000 Tableau Condominiums 416-591-8887 • • from $350,000 Tableau Condominiums 416-591-8887 • • from $350,000 Carmelina 416-423-8500 • from $325,000 The Yorkville Condominiums 416-987-3344 • • from $550,000 The Bond Condominiums 416-546-7525 • • from $300,000 L Tower 416-777-2533 • from $410,000 Perspective Condos 416-242-3500 from $280,000 thirtytwo Camden 416-860-0060 • from $240,000 8 Gladstone 416-690-9009 • from $335,000 133 Hazelton Residence 416-926-9900 • 210 Simcoe 416-217-0210 • from $200,000 Five Condos 416-928-0555 • • from $375,000 Five Condos 416-928-0555 • • from $375,000 Rise 416-546-7399 • • from $290,000 Model Suite of the Month • Neon 416-987-7878 • from $470,000 The Carlaw 416-690-8588 • from $200,000 Allure Condominiums 416-487-7600 • from $350,000 1000 Bay 416-485-3000 • FAD Condos 416-815-1818 • from $250,000 South Hill on Madison southhillonmadison.com • from $200,000 INDX 416-987-4639 • INDX 416-987-4639 • The Carnaby 416-690-9009 • from $250,000 Noir 416-977-8780 • from $250,000 SIXTY Colborne 416-601-0060 • from $300,000 SIXTY Colborne 416-598-7775 • from $300,000 King Blue Condominiums 416-599-1355 • from $250,000 E Condos 416-243-8688 • from $300,000 E Condos 416-243-8688 • from $300,000 The Massey Tower 416-966-0197 • • from $320,000 109OZ 416-531-4844 • from $300,000 The Sterling 416-777-2533 • • from $230,000 Wallace Walk 416-531-1818 • from $210,000 Smart House smarthousetoronto.com • from $250,000 Duke Condos junctionlife.ca Thompson Residences 416-360-0600 • from $280,000 The Perry 416-926-7555 • from $390,000

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

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

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

52 54 55 55 57 59 62 64 66 66 66 70 70 78 81 83 85 85 88 94 99 101 101 102 103 103 104 106 106 109 109 110 114 117 117 118 120 120 122 126 126 128 130 131 131 131 133 134 135 135 136 137 140 141 142 148 150 151 151 151 153 153 153 154 155 155 157 162 165 170 173 175 179 179 184 184 185 186 188 190 191 193 195 195 197 198 200 200 201 202 202 206 207 210 217 218 219

089

101

Steeles Ave

124

121

21 22

North York c

400

135

124

40 8 50

128

401

123

401 3 122

130

125

132 25

torontoregionalmaps: North York

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

090

Builder

Lindvest

Site

Telephone

TH* C*

Price Range

Page

Finder

The Brownstones at Westown

lindvest.com

from $330,000

105

21 Tridel Corporation

Argento

416-663-1818

•

from $562,000

IFC

22e

96 ELAD Canada

Biyu Emerald City

biyucondos.com

•

from $250,000

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

12F

123 Brandy Lane Homes

The Station

416-398-9777

•

from $420,000

12D

128 The Daniels Corporation

NY2

416-221-3939

from $220,000

19C

Concord Adex

Opus

416-813-2999

•

22C

Torbel Group

The Avanti Condominiums

416-636-0400

from $390,000

YYZed Project management

VISTO

vistocondos.ca

from $220,000

Tridel Corporation

Hullmark Centre

416-733-2883

•

from $524,000

18D

Tridel Corporation

Aristo at Avonshire

416-730-0300

•

from $383,000

18D

Concord Adex

Tango at Concord Park Place

416-813-2999

•

from $236,000

22C

Concord Adex

Discovery at Concord Park Place

416-813-2999

•

22C

Concord Adex

Discovery II at Concord Park Place

416-813-2999

•

Concord Adex

Tango2 at Concord Park Place

Conservatory Group

Pearl 2 Condominiums

•

17C

•

from $210,000

22C

416-813-2999

•

from $265,000

22C

416-512-1818

•

17C

14 Torbel Group

Diva

15 Emery Condominiums

The Essential

905-887-4888

•

from $250,000

20E

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.

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

18l

95 Aspen Ridge Homes

Scenic on Eglinton

416-805-1781

•

23G

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

101 Kantium Development

Posh Condominiums

905-771-0134

•

from $544,000

16A

122 Lanterra Developments

Treviso II

416-787-8882

•

from $250,000

12F

124 Tridel Corporation

Trio at Atria

416-645-8866

from $288,000

24C

125 Fram Building Group

LIV Lofts

416-445-5638

from $250,000

22F

128 The Daniels Corporation

NY Place

416-221-3939

•

from $250,000

19C

130 Tribute Communities

Canterbury

647-352-2130

•

from $700,000

19F

132 Fram Building Group/Cadillac Fairview

Flaire Condos

416-445-8868

•

from $320,000

22F

*TH: Townhomes, C: Condo

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

DivaCondo.com

•

from $250,000

11C

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

bio

Islington Ave

Kipling Ave

Martin Grove Rd

Dixon Rd

Etobicoke Rathburn Rd

8 ll R Mi

44 Bloor St W

Dundas St W

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 Park Lawn

50 14 51 34

Royal York Rd

Scarborough

409

ett R Scarl

Westway

*TH: Townhomes, C: Condo

QEW

Builder Esquire Homes Windcatcher Development Corporation Stanton Renaissance Great Gulf Homes Menkes Developments Inc. Monarch Corporation Davies Smith Queenscorp Residences Liberty Development Corp. City Core Lash Group of Companies Henderson Development Limited Monarch Corporation Conservatory Group Pemberton Group Lash Group of Companies Carttera Camrost - Felcorp Camrost - Felcorp Graywood/Beaverhall Development Empire Communities Averton Homes Tridel Corporation Amexon Development Corporation Tridel Corporation Tridel Corporation Edilcan Development Corp. Remington Group Pemberton Group Alterra Homes/Finer Space Tridel Corporation Phantom Developments Your Home Developments VHL Developments Ltd. VHL Developments Ltd. Royale Grand Woodbine Developments MintoUrban Communities Inc. First Avenue Properties

Finch Ave W

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

Ranforth Dr

Av e

21 22

Humberline Dr

Da nf or th

401

ve nA

lva

Passmore Ave

Centennial

n sto 1

Manse Rd

Galloway Rd

St. Clair Ave 1

Orton Park Rd

Markham Rd

McCowan Rd

Bellamy Rd

Lawrence Ave E

Scarborough Golf Rd

n Dr

orto

East Ave Port Union Rd

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

Victoria Park

Progress Ave

Brim

Eglinton Ave E

427 Morrish Rd

Sheppard Ave E Conlins Rd

401

Brimley Rd

Warden Ave

Pharmacy Rd

Birchmount Rd

Kennedy Rd

Ellesmere Rd

Milner Ave

Midland Ave

55 401 31

Beare Rd

Meadowvale Rd

Sheppard Ave E

Ave

Morningside Ave

evin

McL

12 Reesor Rd

Huntingwood Dr

11 Sewells Rd

Finch Ave E

Neilson Rd

McNicoll Ave

Tapscott Rd

McCowan Rd

Lakeshore Blvd W

Site Telephone TH* C* Price Range Page Finder Three Seven Condos & Lofts esquirehomes.ca • from $210,000 98 11D Atwater Condos 905-271-5038 • from $280,000 123 12B On The Go 647-692-8417 • from $250,000 101 23C One Sherway Condominiums 416-695-3535 • 26 16G One Sherway Condominiums 416-695-3535 • 26 16G Lago 416-495-3544 • INSERT 24c Eleven Superior 416-259-8882 • from $220,000 99 23C Watermark 416-354-2221 • from $320,000 111 19D Terrace on Danforth 416-987-7575 • from $227,000 Insert 2F Harmony Village Sheppard HarmonyVillage.ca from $238,000 79 2C Me Condos 416-430-0003 • from $150,000 107 8D Centro 416-296-1898 • from $185,000 6D Nautilus at Waterview 416-203-6636 • from $400,000 25H Altitude 416-321-1659 • from $230,000 25H Palais at Port Royal Place 416-239-8200 • from $260,000 23F Cloud 9 Condominiums 416-747-0199 • from $240,000 22B Cloud 9 Condominiums 416-800-0812 • from $240,000 22B ilofts at Mystic Pointe 416-251-8888 • from $310,000 25G California Condos 416-251-8888 • from $242,000 25g Ocean Club 416-255-4663 • from $250,000 24C Beyond The Sea Star Tower Condominiums 416-979-1333 • • from $400,000 24H Evolution 416-747-9691 • from $250,000 22G Parc Nuvo at Essex 416-231-0999 • from $456,000 22g South Beach 416-252-3000 from $209,000 25H Ventus at Metro Gate 416-293-5535 • from $314,000 4c West Village 416-620-1887 • from $287,000 21F One Valhalla 416-233-5554 • from $239,000 21F Park Towers at IQ 416-253-5838 • from $220,000 22G Vivid Condos 416-239-8200 • from $250,000 23F Westwood Condominiums 416-239-9888 • from $250,000 23F Avani At Metrogate 416-293-5535 • from $240,000 4C Jade Condominiums 416-762-8818 • from $293,000 24G Nature’s Path 416-745-6686 • • from $270,000 11E 2150 Condos 416-750-2150 • 3E Haven On The Bluffs 416-2611-9555 • from $160,000 3E Lexington 416-638-8444 • from $240,000 21C South Shore 416-913-2136 • from $350,000 22H Qube Condos 647-351-7823 • from $200,000 24G

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

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

torontoregionalmaps: Scarborough, Etobicoke

091

21 22

Va lle yP ar kw n Do

Park

Ave

o esh Lak W Blvd

y Valle D on ay Parkw

QEW

16 17 shore Lake W Blvd

rd S

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Jarvis

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St Keele

Univ

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bine

Ave well

G era

erin

s dow

Duff

Land

Cox

Rog

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St Jane

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23 ir Av

St Cla

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21 4 12 18ay 9 29 ssw xpre er E

din

Gar

Toronto Waterfront

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

waterfrontmaps: Toronto

092

Builder

Site

58 GREAT GULF

Monde

mondegreatgulf.com

Telephone

TH* C*

• • from $304,000

Price Range

60 CANALFA GROUP

Liberty Central by the Lake

416-537-0047

Pemberton Group

Park Lake Residences

416-769-4343

• • from $250,000

Monarch Corporation

Nautilus at Waterview -

416-495-3544

Cresford Development Corp.

NXT2/Phase Two

Cresford Development Corp.

NXT at Windermere By The Lake

tridel corporation

Aqualina at Bayside Toronto

Plazacorp/Berkley Community

West Harbour City

Lifetime Homes

Page

Finder

28 & 128

17M

12N

• from $400,000

416-977-5300

• • from $210,000

416-977-5300

• • from $300,000

11f

•

416-514-2710

•

16E

westharbourcity.com

• from $327,000

13E

Waterparkcity – Neptune

416-203-3700

•

13f

8 Concord Adex

Grand Parade 2 at Concord CityPlace

416-813-0999

•

14f

Concord Adex

Quartz

416-813-0999

• •

14F

Concord Adex

ParadeTWO Tower Residences

416-813-0999

14f

Concord Adex Grand Parade at Concord CityPlace

416-813-0999

• from 293,000

14F

Concord Adex

416-813-0999

• from $389,000

14F

Panorama at Concord CityPlace

• from $287,000

Concord Adex

Panorama Elite Suites at Concord CityPlace

416-813-0999

• from $1,135,000

14F

Concord adex

ParadeTWO Park Collection at Concord CityPlace

416-813-0999

• from $308,000

14F

• from $2,213,000

14F

Concord Adex

Luna Vista at Concord CityPlace

416-813-0999

CONCORD ADEX

Spectra

416-813-0999

• •

14F

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 on the Park Condominiums

416-537-0047

• from $363,000

10F

15 Malibu investments inc.

LTD

416-601-2223

• from $200,000

12F

• from $280,000

24C

• from $300,000

11F

16 CAMROST FELDCORP

California Condominiums

sunsetcondos.ca

18 Fernbrook Homes/Cityzen Dev.

Pier 27 Residences On The Lake

416-367-3456

29 PINNACLE INTERNATIONAL

33 Bay Residence at Pinnacle Centre

416-925-3325

*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

Adelaide Ave

King St W Bond St W

Park Rd S

Lake

Uxbridge TH* C*

905-271-5038 48 647-692-8417

Price Range

Scug

Phillip Mur

Manvers

Page

Finder

Scugog

• from $280,000

123

• from $250,000

101

12B 23C

• from $200,000

Whitby

Oshawa

insert

24C

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416-259-8882

• from $220,000

1 4099

23C

25 queenscorp residences

Watermark

416-354-2221

• from $320,000

111

19D

28 empire communities

Water Tower at Eau Du Soleil

empirewatertower.com

• from $320,000

25B

United lands

Stonebrook Condominiums

905-822-8858

• from $270,000

chestnut hill development

San Francisco By The Bay

905-831-3631

•

• from $180,000

23J

10 Pemberton Group

Bluwater Condominiums

416-987-8800

• from $350,000

11 Monarch Corp.

Waterscapes

416-495-3544

• from $390,000

25C

13 GREEN HILL HOMES

Princeton Manor

905-849-1818

• from $210,000

14 Phantom Developments

Jade Waterfront Condos

416-251-0707

• from $250,000

24G

15 GRAYWOOD DEVELOPMENTS

Ocean Club

416-255-4663

• from $229,000

24C

28 EMPIRE COMMUNITIES

Eau Du Soleil

empirecommunities.com/eaudusoleil

• from $210,000

25B

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

waterfrontmaps: GTA

Newcastle monarchgroup.net

Bloor St

Lindsay

Eleven Superior

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

Stevenson Rd

Whitby 7 Waterfront

Thornton Rd

Wentworth St

Park Rd S

401

Gibb St

Centre St.

Kendalwood R

Telephone

Garrard Rd

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

Anderson St

Blair St

Cannington

Hopkins St

Schomberg

Garden St Blair St

King

Brock St S Henry St Gordon St

Keswick

Bayly St E Georgina Island 33 caygeo Bob

Ajax-Whitby

Georgina

Cochrane St

Sim

Rossland Rd

Manning Rd

Town of Whitby

McQuay

Townline Rd

Brock St N

Dryden Bv

Dundas St E

e 401

Shoal Point Rd

Bay

Taunton Rd W

20 DAVIES SMITH

*TH: Townhomes, C: Condo

eS co Sim

Stevenson Rd

Garden St

Baldwin St S

Country Lane

Conlin Rd

To Os

Thornton Rd

Thickson Rd

1518 20

Rossland Rd

Pickering Beach Rd

La Br ke id sh ge or Rd eR dW

Evans Ave

Coronation R

Bu rn ha m th or pe Rd E

Church St E

16 28

Lakeridge Rd

Audley Rd

Village of Gardiner Expressway in 1411 Brookl 2

Halls Rd N

Audley Rd

Up pe rM idd le

8 Con

Garrard Rd

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

Br ita nn ia Rd W

Av eW St ee les

Baldwin St N

De rry Rd W

Duffs Rd

Park Lawn Cedarbrook T

Royal York Rd

Cochrane

Country Lane

Lake Ridge R

4 Sideline R

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

Stevenson Rd

Ashburn Rd

Taunton Rd WWaterfront Etobicoke

Salem Rd

Lago

orth Dr d ll R Mi

4 Sideline

Salem Rd

400

Bradford Tecumseth Atwater Condos and Tottenham On The Go

Lakeshore Blvd E

East Gwillimbury Further North Waterfront

Adjala 9

Harwood Ave

Mono

Stanton Renaissance 10

Westney Rd N

Mara

Westney Rd S

400

Queensway

Horner Ave Rossland/Winchester

Oro

Finley Ave

windcatcher development corp.

QEW

Kingston Rd

riv

Dundas St W

Town of Ajax 11

Builder

Fifth Conces 12 11 9

Magill Dr

Barrie

21 22

Brawley Rd Bloor St W

Alliston,

Beeton, Site

6 Sideline

Greenwood Rd

Hwy 5

Essa

4 Sideline R

Lak

Tosorontio Everett

18 MONARCH CORP.

400

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

Delaney Dr

Montgomery F

Shelburne

Squires Beach Rd

Angus

Brock Rd

Sandy Beach

Liverpool Rd

u1g0 em ou

Whites Rd

Rd ak rlo Bu

Vespra 401

Sunnidale Oakville Granite Court 90 Waterfront Lisle

Ravenscroft

Sheppard Ave

Mississauga Taunton Rd E Waterfront Orillia

Church St S

Glenanna Rd

Appleview Rd

Spruce Hill Rd e Lin

Stroud's

Paddock Rd

Church St N Riverside Dr Notion Rd

Highview Rd

24 ings K

16 Sideline

Brock Rd sR Oak jor Ma Valley Farm

Wasaga Beach

Rossland Rd

Liverpool Rd

Fairport Rd

No ttin gh ll G Finch iAve ate

Columbus Rd

Bracebridge

3 Concession

Myrtle Rd W Rathburn Rd

6 Concession

Tay

nR Devo

Ke rr St

400

Brock Rd

Midland d

W QE

R ton

7 Concession

w th ra Rd

4 Concession Dr Ford

Dixie Rd

Altona Rd

Whites Rd

Tr em ai hne R d

RdRosebank Rd

d eR Lin

Rd Thornbury

Brock Rd

e Lin e Lin

e Lin

Oakville

Georgian Bay

Br gont e

3 40

4 Concession Tr af alg ar

5 Concession

Altona Rd

Rd ian Ind

QEW

W QECa

12 Sidelinee xi Di

W ol fe da le Rd n io at St

Pk wy E Hu ro nt ar io

8 Concession

Ce nt ra l

City of Mississauga ering Pick

Co l Rid onia ge l D waRdr Whitevale yD r

te Dr

16 Sideline

Mi llcr ee kD M r 7issConncession iss au ga Rd

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11 ldga 12

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Rd y North Rd vd h Rd Nort w w Bl ie Pk ill itv ills ch ed 32 M Sidelinehur Cr 32 Sideline in C Er on y st w in Pk W Dr ills d M oo w Rd e en Lin Ed 10

8 40

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1 40

20 Sideline

E lvd 7 nB so e h t Ma

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24 Sideline

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093

condo watch

416

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

The Britt by Lanterra Developments

new releases & grand openings

One Park Place by The Daniels Corp.

88 Scott by Concert Real Estate Corp.

Condos with European flair coming soon to Bay and Wellesley. Register now. Web: LanterraDevelopments.com

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

Residenze Palazzo by Lanterra Developments

Coming this fall to Dufferin and Lawrence, Phase III at Treviso. Register now. Web: TrevisoCondos.com

Smart House by Urban Capital/Malibu

previews & registrations Harbour Plaza by Menkes

Twenty Lombard by Great Gulf

Boutique living starts on the 34th floor at Yonge + Rich, with 150 private residences coming soon. Register now. Web: YongeAndRich.com

Alexandra Park by Tridel

Master-planned community coming soon to Spadina and Queen. Register now to stay informed Web: Tridel.com

High Park Condominiums by The Daniels Corp.

Coming soon, where modern urban meets Mother Nature. Register today. Web: DanielsHighPark.com

The HUB by Empire Communities

Now open in this key Eg-West location. Get connected, live life on tomorrow’s fast lane. Web: EmpireTheHub.com

Ten93 by Pemberton Group

Coming soon to Queen West and Dovercourt – an eclectic fusion of fashion, art, culture, creativity and style. Register now. Web: Ten93QueenWest.com

094 new Condo Guide november 2 - 16, 2013

Intriguing, innovative, smart condos at Queen and University. Register now to stay informed. Web: SmartHouseToronto.com

Cinema Tower by The Daniels Corp.

World-class condo in the heart of the Entertainment District. Register now. Web: CinemaTowerCondos.com

The Brownstones5 by Emsatec Canada Inc.

Final phase of stacked towns in Davenport Village now previewing. Call 416.531.7760. Web: brownstones5.com

Minto Longbranch by Minto

Urban towns coming soon to the Long Branch neighbourhood. Register for your preview opportunity. Web: MintoLongbranch.com

The Nest by Rockport

Landing soon in Hillcrest Village. Register today to stay informed. Web: TheNestCondos.com

A new release of one-, one-bedroom-plus-den and two-bedroom homes from the 33rd to the 52nd floors. Web: 88Scott.com

101 Erskine by Tridel

New two-bedroom “2F” corner suites at this popular Yonge and Eglinton location. Web: Tridel.com/101erskine

E Condos by RioCan/Bazis/Metropia

Condominium residences at the northeast corner of Yonge and Eglinton. Grand opening. Web: ECondos.ca

The Epicurean by Monarch

Experience a slice of the finer things in life, now open in The Kingsway. Web: MonarchGroup.net

The Madison by Madison Homes

Grand opening of the top floors at this Yonge and Eglinton condo. Web: MadisonCondos.ca

Imperial Plaza by Camrost Felcorp

New release of 18th-floor suites, priced from the mid-$300’s. Web: ImperialCondos.ca

No. 1 Yorkville by Bazis/Metropia/Plaza

Coming soon to Toronto’s lap of luxury. Visit online to stay informed. Web: 1Yorkville.ca

Harmony Village by City Core Developments

Water Tower by Empire Communities

Biyu at Emerald City by ELAD Canada

Love Condominiums by Gemterra

Live in perfect harmony with comfort, convenience and culture, at Sheppard and Warden. Register today. Web: HarmonyVillage.ca

Coming this fall, new condominiums at Emerald City, at Sheppard and Don Mills. Register now to stay informed. Web: BiyuCondos.com

87 Peter by Menkes

Now previewing, condos at Peter and King. Call 416.977.8780 or visit online. Web: Menkes.com

Now open, a new urban waterscape offering inspired condo living in the Eau Du Soleil community. Web: EmpireWaterTower.com

Grand opening continues. Visit the new sales centre and designer-decorated model suite at Sheppard and Birchmount. Web: LoveCondominiums.com

Westinghouse Lofts by Easton’s Group/Remington

New release of lofts at King and Blue Jays Way. Register to stay up to date. Web: KingBlueCondos.com

095

in the news

Making a splash in Regent park!

Regent Park Aquatic Centre celebrates first anniversary on October 29!

Looking for a great new place to take a plunge?

The Regent Park Aquatic Centre is a year-round, state-ofthe-art facility open to the public. The centre opened its doors Oct. 29, 2012 in Regent Park. Itâ&#x20AC;&#x2122;s an important new amenity as it is a focal point for recreation in the area and indicates the interest and investment being made into the Regent Park community. The downtown neighbourhood is undergoing a revitalization, being led by Toronto Community Housing along with partners including the City of Toronto and The Daniels Corp. Situated at the corner of Dundas and Sumach streets, across from the new Daniels Spectrum â&#x20AC;&#x201C; a 60,000-sq.-ft. cultural hub â&#x20AC;&#x201C; this fully accessible, culturally sensitive facility delivers programs and services for the vibrant and diverse downtown east community. 096 new Condo Guide november 2 - 16, 2013

“Seeing children arrive at the Centre for the first time is always a treat for staff,” says Gary Sanger, supervisor of aquatics, City of Toronto’s Parks, Forestry and Recreation. “You can see the excitement in their eyes as they peer through the glass and see all of the great things they are about to experience.” Featuring black zinc metal panels with blue glass accents and a knot-free cedar ceiling above the lobby entrance, the Centre has many distinctive design features. Skylights and glass panels control and maximize light, and six slidingglass doors give swimmers an ‘indoor-outdoor’ feel. There are three separate pools: a shallow warm-water splash pool with an assortment of fun stations and water features perfect for kids; a therapeutic pool with massaging jets where patrons can relax and socialize; and a six-lane, 25-metre lap pool for the athletically inclined. The Centre also has a one-metre diving board, Tarzan rope and a 15-ft. high water slide. The Regent Park Aquatic Centre is currently running 139 swim programs, including lessons for swimmers of all ages as well as female-only programs. But the Centre is not just for swimmers. The public can take advantage of the affordable permit spaces for birthday parties, group meetings or other events. Celebrating its first anniversary is just the first of many milestones for this community favourite. As the next phase is completed, the grounds of the Centre will be transformed into a lovely open park and pavilion, with the amazing architecture of the Aquatic Centre as a feature attraction. The Aquatic Centre is just one of many new community amenities in the area. Partners Toronto Community Housing, The Daniels Corp. and the City of Toronto are transforming Regent Park into a vibrant community featuring market condominium and rental housing, commercial space and new community facilities.

For information on Toronto pool locations and operating hours, call 311 or visit toronto.ca/parks. To learn more about Daniels’ One Park Place South Tower steps from the Aquatic Centre and Daniels Spectrum, visit danielsoneparkplace.com. november 2 - 16, 2013 new Condo Guide 097

CONSTRUCTION

HAS BEGUN

6 MONTHS FREE INTERNET CABLE & HOME PHONE QUARTZ KITCHEN COUNTERS EXCLUSIVE LAMINATE FLOORING* CUSTOM CABINETRY DESIGNER CERAMICS STAINLESS STEEL FRIDGE STOVE, DISHWASHER STACKABLE WHITE WASHER AND DRYER AIR CONDITIONING SPACIOUS BALCONIES LANDSCAPED GARDENS CONVENIENT PARKING BICYCLE STORAGE

GRAND CONDOS & 2 STOREY LOFTS WITH ELEGANT DESIGNS SPACIOUS 1, 2 AND 3 BEDROOM SUITES

FROM

$209,990

PRESENTATION CENTER AND SALES OFFICE: 4630 KINGSTON RD, UNIT 6 647-342-0784 WWW.ESQUIREHOMES.CA PRICE AND SPECIFICATIONS SUBJECT TO CHANGE WITHOUT NOTICE. *IN MAIN LIVING AREA ONLY. E. & O.E.

TOW N HOME S A N D CO NDO MINIUM S UITES IN T HE 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.

NOVEMBER 2 - 16, 2013 NEW CONDO GUIDE 099

Finances

Assess your readiness for

home ownership First-time buyers 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 the most commonly asked questions:

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. 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 and lifestyle within your price range. Review your 100 new Condo Guide november 2 - 16, 2013

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. household income and current debt and remember to budget for closing costs, land transfer fees, property tax and everyday expenses. Talk to your bank about a 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. NC

Lobby access to Mimico GO Station The only residential condominium in Toronto directly connected to GO Transit with access to Union Station in less than 15 minutes.

647.692.8417 | onthegomimico.com

ve. nA gto Islin

Exclusive Broker Milborne Real Estate Inc. Broker Protected. Prices and specifications are subject to change without notice. Illustration is artist concept. E. & O.E.

wy. Exp iner Gard e. s Av Evan

. k Rd l Yor Roya

Located in Coronation Park at the corner of Judson Street and Royal York Road (across from the Mimico GO Station).

Presentation Centre

t on S Juds

Ra il Li ne

Luxury suites from the mid $200s

Presentation Centre Now Open

G O

First high rise condominium with integrated GeoExchange and Cogeneration technology for big savings on monthly costs.

Mimico GO Station

condo profile

Life On The Go!

magine living in a sterling new condominium, with all the bells and whistles, less than 15 minutes from Union station. Now imagine it from the mid-$200’s. Think it’s impossible? Think again! On The Go Mimico offers the city’s only residential condominium directly connected to the GO Transit system. You can work and play downtown, and return home to your comfy Mimico neighbourhood with the GO station accessible from your lobby.

102

This trend-setting condominium offers contemporary design with unobstructed views of the lake and city, the latest finishing features, large stylish balconies, Italian-designed and -manufactured gourmet kitchens, and more But that’s not all this trendsetting condominium has to offer: stunning, contemporary design with unobstructed views of the lake and city, the latest finishing features, large stylish balconies, Italian-designed and -manufactured gourmet kitchens, and one of the most exciting new technologies that will save residents significant money on heating and cooling costs. On The Go Mimico will incorporate Toronto’s first highrise integrated GeoExchange and Cogeneration technology, that works with nature to borrow the energy from the earth in the winter and put it back in the summer, redirecting and recycling to where it is needed. In fact residents at On The Go Mimico will save around 30 per cent on utility costs and on monthly condo fees because of this progressive and innovative technology. Of course, On The Go Mimico has other important features too – an accessible green roof with barbecues, an eco-carwash, a pet-grooming station, a high-tech gym with yoga and Pilates studios, and a very hip party room. There will also be a gourmet fine food store, espresso and coffee bar, meeting rooms, and guest suites to accommodate overnight visitors. Surrounded by the warm and friendly community of Mimico,

(identified as Toronto’s top emerging community and one of the 10 best places to live in the GTA) residents will enjoy an eclectic variety of shops, bakeries, cafés and restaurants, as well as lush parks and lake-front trails. But the big story here is the opportunity to live literally “on the GO” for tens of thousands of dollars less than living in the downtown core. On The Go Mimico is being developed by Stanton Renaissance. The company’s guiding philosophy is to create expertly designed residences with functional living space, constructed without compromise. Stanton Renaissance believes that condominiums should be visually appealing, in harmony with their surroundings, incorporating high tech, environmental and clean elements. The condominium features 242 suites from 537 to 2,700 sq. ft. including two levels of 11-ft. high ceiling penthouses. The presentation centre is an old CN Rail station, refurbished by Stanton Renaissance. It is located in Coronation Park on Royal York Road. Visit onthegomimico.com or call 647.692.8417 for more information and to register. november 2 - 16, 2013 new Condo Guide 103

in the news

Canadian home sales edge higher in September National home sales posted a small

increase in September 2013, according to the latest statistics from the Canadian Real Estate Association (CREA). The number of home sales processed through the MLS Systems of Canadian real estate boards and associations and other co-operative listing systems edged up a modest eight-tenths of one per cent on a month-over-month basis in September 2013. Sales improved on a month-over-month basis in just over half of all local markets, with gains in Greater Toronto and Greater Vancouver offsetting declines in Calgary and Montreal. Actual (not seasonally adjusted) activity remained roughly on par with the 10-year average in September. The 18.2-per-cent increase compared to year-ago levels reflects weakened activity at that time. Sales were up on a year-over-year basis in about 75 per cent of local markets, led by gains in Greater Toronto, Greater Vancouver, Calgary and Edmonton. “Year-over-year increases in the sales over the past couple of months highlights how month-over-month

104

activity softened across much of the country following the introduction of tighter mortgage rules last summer,” says Gregory Klump, CREA’s chief economist. “While the momentum for sales activity began improving a few months ago, it may be losing steam after having only just climbed back in line with an average of the past 10 years,” Klump adds. “Even so, one can see large year-on-year changes when comparing activity to a month like September 2012, when sales dropped to the lowest level for that month in more than a decade.” The national average price for homes sold in September 2013 was $385,906, an increase of 8.8 per cent from the same month last year. Year-over-year average price gains in recent months reflect the decline in sales activity recorded last year in some of Canada’s larger and more expensive markets which caused the national average price to drop. If Greater Toronto, Greater Vancouver, and Calgary are removed from the national average price calculation, the year-over-year increase is 4.3 per cent. A better gauge of what’s going on with prices is the MLS Home Price Index (MLS HPI), which is not affected by changes in the mix of sales the way that “average” price is. Year-over-year price growth picked up among all property types tracked by the index with the exception of two-storey single-family homes. That said, this property type continues to see the strongest growth, with the benchmark two-storey single-family home price up 3.6 per cent year-over-year in September. This was followed by one-storey single-family homes (up 3.44 per cent), townhouse/row units (up 3 per cent) and apartment units (up 1.79 per cent).

8.8% The national average price for homes sold in September 2013 was $385,906, an increase of 8.8 per cent from the same month last year.

18.2% Actual activity remained roughly on par with the 10-year average in September. The 18.2-per-cent increase compared to year-ago levels reflects weakened activity at that time.

75% Sales were up on a year-overyear basis in about 75 per cent of local markets, led by gains in Greater Toronto, Greater Vancouver, Calgary and Edmonton.

The

Brownstones at

Westown

A new collection of stacked two bedroom condominium townhomes inspired by the iconic New York brownstone. The name says it all: classically proportioned, finished in traditional brick and with interiors that offer refined living. Located at Weston Rd. and Sheppard Ave W., conveniently close to the 400 and 401 highways, in the established Westown community.

Starting at $329,900. REGISTER NOW lindvest.com

Rendering is artistâ&#x20AC;&#x2122;s concept only. Prices and specifications are subject to change without notice. E. & O. E. 2013.

Designer homes

hollywood

style

Julie Carlson of popular design website remodelista.com offers us a peak inside Hollywood style guru Estee Stanley’s home. // Photography by Laure Joliet

The site’s first book, Remodelista: A Manual for the Considered Home, debuts this month from Artisan Books.

continued on page 108…

106 new Condo Guide november 2 - 16, 2013

over

1000 view preview the most

anticipated community

of the year

Discover ME. Conveniently located at Markham and Ellesmere, this landmark community has already become the talk of the town. Visit our spectacular high tech sales environment, walk through our stunning model suites and see for yourself what over 1000 people have discovered. Designer Lobby with Concierge, Private Sports Lounge, Miami â&#x20AC;&#x201C; Style Podium Rooftop & Pool, Ice Skating Area and so much more.

preview bonus special* still in effect

149

,990

FROM

401

MORNINGSIDE AVE.

MARKHAM RD.

MCCOWAN RD.

ELLESMERE RD.

LAWRENCE AVE. E.

meliving.ca â&#x20AC;˘ 416.430.0003 follow our exciting blog or visit us on @melivingcondos Presentation centre: 1151 Markham Rd. Hours: Mon. to Thurs. 12pm-6pm, Fri. Closed. Sat. & Sun. 12pm-5pm *Limited time offer. See sales representative for details. Prices and specifications subject to change without notice. Exclusive Listing Broker, The Condo Store Realty Inc., Brokerage. Brokers Protected. E. & O.E. 2013.

Designer homes

continued…

pictured

Even the children's rooms have a sophisticated edge

Estee Stanley is one of L.A.’s pre-eminent style consultants.

She gives advice to starlets such as Ashley Olsen and Jessica Biel. She’s worked so closely with Justin Timberlake that she calls him “the brother I never had.” It’s not hard to see what makes her taste so attractive to Hollywood’s elite. Far from focusing on fads, Stanley favours a classic, faded look. It’s a unique aesthetic that dances between subtlety and sophistication. Far from being ostentatious or outrageously expensive, Stanley’s style is practical as well as chic. continued on page 110… 108 new Condo Guide november 2 - 16, 2013

Lans

dow

Ron

ve ne A

Sora

uren

alles cesv

Ave

Designer homes

continued…

“I never want my clients to spend money on something they’re not going to love in 10 years, she says. I want everything to be sexy and comfortable.” I was lucky enough to meet Stanley and tour her house in Hancock Park, a historic neighbourhood in central Los Angeles. When describing her neighbourhood of choice, she is brutally honest. “I wanted to live in Hancock Park, and a $3-million house was not in my budget. I’m also not one for small-space living,” she says. As luck would have it, she came across a rental property at the edge of the neighbourhood, and jumped at the opportunity. With this modest 4,500-sq.-ft. rental duplex, Stanley is on a long-term mission to remake the property in her own style. “I lived in the upstairs apartment and started renovating one room at a time. I added a staircase, ripped out walls, and reconfigured the living room. One step at a time.”

pictured top

A giant railway clock keeps time in the kitchen pictured left

Stanley is known for her entertaining prowess; the formal dining room was a necessity

Julie Carlson Julie Carlson is the founding editor of Remodelista.com, the authoritative online source for interior design. The site contains photos of thousands of well-edited interiors and carefully selected home products. Minimalist but not monastic, it favours thoughtfully designed products over mass-market, disposable goods. Follow Remodelista on Pinterest (pinterest.com/remodelista), on Facebook (facebook.com/remodelista), and on Twitter (twitter.com/remodelista) 110

Long Branch

Thirty Fifth St.

FROM THE LOW Lake Shore Blvd. W.

Kipling Ave.

Brown’s Line

1 Bedroom • 1 Bedroom + Den • 2 Bedroom • 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

•

M O V E I N D E C E M B E R 2 013 •

Lake Shore Blvd. W.

NOW UNDER CONSTRUCTION

Long Branch

Thirty Fifth St.

Kipling Ave.

Brown’s Line

M O V E I N D E C E M B E R 2 013

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.

•

THE MOST OUTSTANDING MID-RISE BUILDING IN 2012

NOW UNDER CONSTRUCTION

Ontario Home Builders’ Association Award Winner

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

condo watch

previews & registrations Marquee Townhomes at Pinnacle Uptown by Pinnacle International

Downtown Erin Mills by Pemberton Group

Upper Village Markham by Greenpark

Now selling, the grand finale at Thornhill City Centre – iconic architecture, urban suite designs and fabulous park views. Web: LegacyParkCondos.com

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

West Tower by The Daniels Corp.

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

Centro Square by Liberty Development

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

Courtyards of Maple by Marino/Intercity/TriAxis

new releases & grand openings HOT Condominiums by Great Gulf

Phase 3 now available, offering boutique-style living in Erin Mills. Web: HotCondominiums.com

The Mark by Empire Communities

European-inspired condos coming soon to Maple. Register now to stay informed. Web: CourtyardsOfMaple.com

Now open at Markham Road and Bur Oak. Remarkable residences. Remarkable Markham. Web: TheMarkCondos.ca

Fairground Lofts by Wycliffe Homes

Allegra by Nova Trimax

Grand Palace by Guizzetti Corp.

Garden Court Condos by Monarch

Park City Condominiums By Tobyn Park Homes

PSV2 & Parkside Village Townhomes by Amacon Developments

Urban lofts are coming to Woodbridge Village. Register now for preview. Web: FairgroundLofts.ca

Currently in pre-construction at Walkers Line and Upper Middle Road in Burlington. Register now. Web: ParkCityLiving.ca

112 new Condo Guide november 2 - 16, 2013

SkyCity Condominiums by Pemberton Group

Coming soon, a master-planned urban community in Richmond Hill. Web: SkyCityCondos.com

Legacy Park by Liberty Development

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

Coming soon to Oakville – the South Tower at Rain Condominiums. Register now. Web: RainCondos.com

Limited collection of 100 townhomes coming soon to Hurontario and Eglinton. Register now. Web: PinnacleUptown.com

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

905

Rain Condominiums by Empire Communities

Affordable luxury, steps from the Village of Woodbridge. Construction started on Phase 1. Web: AllegraCondos.com

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

Offering the convenience of downtown living with the tranquility of a suburban context. Grand opening. Web: LifeAtParkside.com

GTA Edition November 2 - 16, 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

15 32

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Great Gulf Homes

Twenty Lombard

416-499-8883

•

16K

Great Gulf Homes

HOT

905-828-4257

•

from $274,000

16M

Rain Condominiums

905-845-7246

•

from $200,000

17Q

45 Empire Communities

Telephone

TH* C*

Price Range

Page

Finder

Conservatory Group

Mirage

905-232-2400

•

from $270,000

20K

AMACON

PSV2

905-273-9333

•

18M

Fernbrook Homes

Absolute World

416-869-6057

•

from $188,000

21k

Cityzen

Absolute World

416-869-6057

from $188,000

21K

10 AMACON

The Residences at Parkside Village

905-273-9333

•

from $250,000

21K

12 Alterra Homes

Renaissance in Olde Brampton

416-710-1010

•

from $295,000

13d

14 Pemberton Group

Rosedale Village Golf & Country Club

905-799-5000

•

from $346,000

12e

16 Vandyk Communities

Windows on the Green

905-822-3333

from $300,000

17M

17 Pemberton Group

Downtown Erin Mills Condominiums

905-630-6300

•

from $320,000

18 Retirement Lifestyle Communities

Palisades on the Glen

905-820-8210

•

from $290,000

17M

19 United Lands

Stonebrook II

905-822-8858

•

22n

21 Casino Bay Dev. Corp./Toddglen

Panoramic Point at Brewery Bay

27 Inzola Group

•

1-866-611-5525

•

from $264,000

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

34 Pinnacle International

Pinnacle Uptown, Crystal 2

905-568-9000

•

from $255,000

19K

35 Ashley Oaks Group

Emporium at Joshua Creek

905-618-0660

•

from $200,000

17P

38 Tridel Corporation

Metrogate - Ventus 2

416-293-5535

•

from $302,000

19J

38 Tridel Corporation

Ventus at Metrogate

416-293-5535

•

$344,000

19J

46 Mattamy Homes

The Mount Pleasant Village

mattamyhomes.com

•

from $200,000

20M

47 The Daniels Corporation

Daniels Erin Mills

905-306-6996

•

from $200,000

17M

*TH: Townhomes, C: Condo

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

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

905 regionalmaps: Burlington, Brampton, Mississauga, Oakville, Further West, Further North

115

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

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Town of Markham

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Page

Finder

pinnacleuptown.com

•

from $700,000

117

20K

13 Liberty Development Corp.

Legacy Park

905-731-8302

•

from $280,000

10g

14 Remington Group

The Signature Condominium

905-948-9900

•

from $250,000

119

18F

Sky City

905-709-5700

•

from $320,000

12F

32 Liberty Development Corp.

Royal Gardens

905-889-9997

•

from $279,000

Insert

14f

31 Pemberton Group

43 Guizzetti Developments

Grand Palace

905-907-4370

•

from $295,000

125

12E

44 Liberty Development Corp.

Centro Square Condos 2

905-851-8877

•

from $278,000

Insert

46 Empire Communities

The Mark

905-554-5015

•

from $250,000

21E

Flato Development

Arthouse

905-554-8722

from $200,000

22E

Tridel Corporation

Renaissance of Richmond Hill

416-736-9500

•

from $740,000

12G

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

12 Greenpark Homes

UV2

905-554-6501

•

from $253,000

22F

20 Solmar Development Corp

Bellaria Residences

905-417-8482

•

from $240,000

22 Quadra Mgt. & Sceptre Devs.

Renaissance Court at Woodbridge Gates

905-851-4220

•

from $505,000

22 Wycliffe Homes

Fairground Lofts

905-605-5900

•

from $340,000

24 Liberty Development Corp.

The Fountains

905-731-8302

•

from $272,000

10F

26 Rice Development

Ambria

905-796-3630

•

from $340,000

28 Chestnut Hill Homes

San Francisco by the Bay

905-831-3631

•

from $200,000

22C

31 Pemberton Group

Miracle at Yonge

905-709-5700

•

from $280,000

12F

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

Vista Parc Condominiums

905-850-8883

•

from $260,000

The 6th Angus Glen

905-887-9950

•

19E

31 Pemberton Group

41 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.

•

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

PINNACLE INTERNATIONAL.CA VANCOUVER . SAN DIEGO . TORONTO . Brokers protected. Rendering is artist’s concept. Prices and specifications are subject to change without notice. E. & O.E.

NOVEMBER 2 - 16, 2013 NEW CONDO GUIDE 117

IN THE MARKET FOR A

NEW HOUSE

OR A CONDO?

We think finding a home is a lot more than simply finding the right property. Thatâ&#x20AC;&#x2122;s why we put you right in the middle of the search process.

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

118 NEW CONDO GUIDE NOVEMBER 2 - 16, 2013

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NOVEMBER 2 - 16, 2013 NEW CONDO GUIDE 119

investor advice

// by andrew la fleur

3 reasons condo market why the didn’t crash in 2013 Yes, sales are down significantly from our record-breaking years of 2011 and 2012, but this should be interpreted as a return to normal. Condo rental prices continue to rise as well in the two- to four-per-cent range. All this is leaving many of the real estate bears (those who believe that the market is going to take a prolonged downturn or correction) scratching their heads. What the heck happened to the great Toronto Condo Crash of 2013? Here are three reasons why the condo market did not crash this year and why I believe it will continue to be strong in 2014. 1. Everyone and everything is moving downtown Andrew la Fleur is an award-winning realtor with Re/Max. Andrew’s expertise is in helping investors make money in the Toronto Condo Market. Visit TrueCondos.com/NewCondoGuide for a free gift. Contact Andrew at 416.371.2333 or andrew@truecondos.com

s we approach the end of another year, I would like to look back on the year that was. The biggest thing for me this year was that despite all the so-called experts predicting otherwise, the Toronto condo market did not crash in 2013. Month after month, the stats have come out saying that condo prices are not falling. They are, in fact, still rising.

This point I can’t emphasize enough with people I talk to on a daily basis who are thinking about investing in a new condo, but they feel like they missed the boat or that it’s not possible to make a good return like it was a few years ago. People want to live downtown. Businesses want to be downtown. Institutions and schools and churches and tourists want to be downtown. So, why are sales down this year versus last? Simple – everyone is renting instead of buying. As an investor, you win either way. As long as more people are moving in than new dwellings are being built to house them, you win. There is virtually no land left to build homes in the city. There are virtually zero rental apartments being built in the city. The only answer to our housing shortage is condos. 2. The rental market In Toronto has super-human strength

The cash flow that investors are getting on units they close today that they bought four or five years ago is amazing. The reason is that average rental prices have risen significantly over the last few years. If you talk to any investor who bought three to five years ago and is renting their units in today’s market at these prices, the one thing they will all say to you is: “I wish I bought more!” Rentals continue to rise despite the fact that according to the Toronto Real Estate Board, there were 21 per cent more condos available for rent in Q3-2013 than the year before. Think about that number: a 21-per-cent increase in inventory, yet prices are still rising. Imagine what will happen to rental prices in three years when we pass through the current boom in construction and enter into the lull that will occur because new condo sales have fallen so much in the last 15 months!

There is virtually no land left to build homes in the city. There are virtually zero rental apartments being built in the city. The only answer to our housing shortage is condos. 120 new Condo Guide november 2 - 16, 2013

In 2012, the forecasts for 2013 (this year) called for around 32,000 units to be completed. That’s double what typically completes in a given year – all hell was going to break loose! 3. Construction capacity prevents the market from being flooded with new condos

We have a problem in our industry – we like numbers. We are addicted to them. We like to track things and we like to publish our findings every month, every quarter, every year. Stats are actually a very good thing of course, but unfortunately in the wrong hands, stats can be a dangerous thing. One such dangerous stat is units scheduled for completion. It is the one number that year after year is published in countless media articles without any qualification or explanation. After all, “Record number of condos scheduled for completion next year,” or “Onslaught of condos set to flood the market” makes for a great headline. However, no one ever follows up in subsequent years to see and report on how many condos actually were completed versus how many were “scheduled to complete.” If they did, here’s what they’d find out: Every year there is supposed to be a tsunami of new condos completed that will cause a major market correction. Case in point: The forecasts in 2010 called for around 21,000 new condo units to be completed in 2011. In reality? Only about 14,000 were completed.

In 2011, the forecasts for 2012 called for around 27,000 units to be completed. In reality? Only about 10,000 were completed. In 2012, the forecasts for 2013 (this year) called for around 32,000 units to be completed. That’s double what typically completes in a given year – all hell was going to break loose! You get where I’m going with this. We are almost through 2013 and we are on track for, you guessed it, around 16,000 completions! You see, “scheduled occupancy” is a very loose term in the condo world. It is based on the developer’s original occupancy schedule set before they even begin selling a single unit. Delays happen, that’s normal. Twelve- or even 24-month delays are commonplace in the world of highrise condos. All this leads me to believe that we have a construction capacity problem in Toronto, which is a very good thing for condo investors wondering about the future of the condo market. The doomsday scenario of 30,000 to 40,000 units completed in one year is looking more and more like an impossibility.

in the news

ArtHouse Condos Markham celebrates its official public opening

Photo credit: Snap Markham After a successful Grand Opening in September, ArtHouse Markham Condos by Flato Developments Inc. celebrated its official public opening on Oct. 19, 2013 with a ribbon-cutting ceremony. Flato Developments was honoured to welcome Markham Mayor Frank Scarpitti and Councillor Carolina Moretti, who spoke and congratulated Flato Developments on a beautiful project that they are both proud of. Also in attendance were Regional Councillor Gordon Landon, Councillors Logan Kanapthi and Alex Chiu, and Chief Administrative Officer Andy Taylor, along with Lloyd and Wendi Martin from Trimart Corp., purchasers, family and friends. The event concluded with food and drinks for the guests and great conversation. ArtHouse Condos Markham is ideally located at Markham Road and Bur Oak Avenue, across the street from the Mount Joy GO train station. It is the latest (and arguably trendiest) condo development in Markham. Designed by Page & Steele architects, the 14-storey building is currently in its pre-construction phase and is a Leadership in Energy and Environmental Design (LEED) Silver candidate. While the outside view of the building will have considerable artistic flair, the model suite proves that the Flato Developments undertaking will also deliver dramatic interiors. Inside, the suites, each named after a famous artist, are designed with comfort in mind. Think soaring nine-ft. ceilings (or 10 ft. in the penthouses), walk-in closets, and finished balconies and terraces that connect to the living spaces with glass sliding doors. Included are extended kitchen cupboards, granite kitchen countertops, glass tile kitchen backsplash, and 5 1/2-in. baseboards, among other things. Flato Developments is also currently offering $10,000 in free upgrades. ArtHouse boasts art-inspired amenities to get those creative juices flowing, like a digital arts centre to hone your photography skills, a separate artist’s studio and culinary arts room. It’s probably time to stock up on art supplies. After all, the project’s motto is “where art lovers live.” And both artists and other residents will appreciate access to a relaxing Whirlpool, a landscaped courtyard, glass balcony and a well-equipped fitness studio. The common areas will make this Markham project an enviable place to live. 122 new Condo Guide november 2 - 16, 2013

The neighbourhood’s amenities also speak to the artistic flair of the building. Catch your favourite band at the Flato Markham Theatre or visit the Varley Art Gallery. A variety of nearby restaurants will ensure you don’t go hungry. Feel like wearing the chef’s hat instead? Whole Foods Market is minutes away, along with other popular grocery stores and markets. Flato Developments is a socially responsible company that believes in giving back to the community. Flato has supported and continues to support the Markham Stouffville Hospital and Trees for Tomorrow, among other organizations. Flato also believes the arts and theatre are a vital part of the community and is a major corporate sponsor to the Flato Markham Theatre. Visit the ArtHouse Condos presentation centre, located at 50 Anderson Ave., Unit 12 in Markham, open Monday and Tuesday from 1 to 7 p.m.; Wednesday and Thursday from 1 to 6 p.m.; and weekends and holidays from 11 a.m. to 5 p.m. Available units start from the mid$200,000s. For more information, call 905.554.8722 or email arthouse@flatogroup.com.

Minutes from downtown for TENS OF THOUSANDS LESS! Brand new luxury condos GOOGLE SAYS “ONLY 20 MINUTES FROM DOWNTOWN TORONTO”

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9 ft ceilings, granite & marble countertops, stainless steel appliances, laminate or engineered hardwood floors, yet priced from $279,900 INCLUDING parking and locker!

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HWY 27

s ute Min the t fromCredi . t t r n o P efro Lak

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Cawthra Rd

Q.E.W. Hurontario St

WELCOME HOME TO UNEXPECTED FULL-SIZED LUXURY!

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AtWater Condominiums Sales Centre 1236 Cawthra Rd., Mississauga Sales Centre Open: Sat/Sun 12 Noon to 5 pm Mon/Tues/Wed 12 Noon to 6 pm

Phone: 905 271 5038

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Windcatcher Development Corporation Marketing & Sales: Winick Realty Corp., Brokerage NOVEMBER 2 - 16, 2013 NEW CONDO GUIDE 123

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STARTING FROM

Winter Garden Lobby

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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. NOVEMBER 2 - 16, 2013 NEW CONDO GUIDE 125

homebuyersâ&#x20AC;&#x2122; help

Condo hunterâ&#x20AC;&#x2122;s checklist

When shopping for your dream condo, carry this list with you and take notes to help you remember what you saw, and where! condo #1

condo #2

condo #3

condo #4

Project & address:

Salesperson:

Phone:

Developer/builder:

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:

# of bedrooms:

# of bathrooms:

Interior appliances:

Options:

Parking facilities:

Special incentives:

Price:

Down payment:

Condo fees:

Financing available:

Other comments:

126 new Condo Guide november 2 - 16, 2013

STOUFFVILLE’S MASTER PLANNED RAVINE COMMUNITY IS GROWING AGAIN

E@D?G>5C 1D 3 1 B 4 9 > 1 < @ ? 9 > D

An exciting new Neighbourhood has just arrived at Cardinal Point. An intimate enclave of condo towns, Uptownes is just a stroll away from Stouffville’s lively downtown with theatre, arts centre, restaurants,shopping and GO Station. Steps from your door trails wind through the acres of unspoiled ravine lands that border this master- planned community, now home to over 600 families

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...and it’s all included!

Stouffville

#" - - " / 5 3 " & 4 50 6 ' ' 7 * - - & 1 0 35 ) 0 1 & 80 0 % 4 50 $ ,

See sales representative for details. Prices and specications are subject to change without notice. The ENERGY STAR® mark is administered and promoted in Canada by Natural Resources Canada. Used with permission. All illustrations are Artistʼs concept. E. & O. E.

Model Suite Compliments of Great Gulf www.greatgulf.com

This stunning model suite boasts 717 sq. ft. of inspired living at Great Gulf’s Monde, located at Queens Quay and Sherbourne.

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homebuyersâ&#x20AC;&#x2122; help

condo buyersâ&#x20AC;&#x2122;

resource section

You love the condo, see what you can afford! Compare mortgage rates for your best deal Calculate your mortgage payments using the mortgage payment calculation chart

november 2 - 16, 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 november 2 - 16, 2013

04 Refer to the chart on the opposite page. Look down the left column and locate the interest rate you expect to pay. Line this up with the amortization period of your choice. (Most first-time buyers take the 25-year amortization.) 05 Multiply this figure by the amount you need to borrow. Divide by 1,000.

06 Add to this your estimated monthly heating costs and monthly property taxes. 07 If this figure is equal to or less than one-third of your gross monthly income (calculated in Step 2), you’ll qualify for a mortgage on your dream condo.

Bear in mind that this is a rough estimate. If you have several other large loans already, you may qualify for less. Also, banks and trust companies vary in their policies. The best way to know what you can afford is to go to the lending institution of your choice and get pre-qualified.

Mortgage payment calculation chart

Amortization Periods

Interest Rates

10 years

15 years

20 years

25 years

30 Years

3.00%

9.65

6.90

5.54

4.73

4.21

3.25%

9.76

7.02

5.66

4.86

4.34

3.50%

9.88

7.14

5.79

4.99

4.48

3.75%

9.99

7.26

5.91

5.13

4.61

4.00%

10.11

7.38

6.04

5.26

4.76

4.25%

10.23

7.50

6.17

5.40

4.90

4.50%

10.34

7.63

6.30

5.53

5.04

4.75%

10.46

7.75

6.44

5.67

5.19

5.00%

10.58

7.88

6.57

5.82

5.34 5.49

5.25%

10.70

8.01

6.74

5.96

5.50%

10.82

8.14

6.85

6.10

5.64

5.75%

10.94

8.27

6.98

6.25

5.79

6.00%

11.07

8.40

7.12

6.40

5.95

6.25%

11.19

8.53

7.26

6.55

6.11

6.50%

11.31

8.66

7.41

6.70

6.26

6.75%

11.43

8.80

7.55

6.85

6.42

7.00%

11.56

8.93

7.69

7.00

6.59

7.25%

11.68

9.07

7.84

7.16

6.75

7.50%

11.81

9.21

7.99

7.32

6.91

7.75%

11.94

9.34

8.14

7.47

7.08

8.00%

12.06

9.48

8.28

7.63

7.25

8.25%

12.19

9.62

8.44

7.79

7.42

8.50%

12.32

9.76

8.59

7.95

7.59

8.75%

12.45

9.90

8.74

8.12

7.76

9.00%

12.58

10.05

8.86

8.28

7.93

9.25%

12.71

10.19

9.05

8.45

8.10

9.50%

12.84

10.33

9.20

8.62

8.28

9.75%

12.97

10.48

9.36

8.78

8.45

10.00%

13.10

10.63

9.52

8.95

8.63

10.25%

13.24

10.77

9.68

9.12

8.80

10.50%

13.37

10.92

9.84

9.29

8.98

10.75%

13.50

11.06

10.00

9.46

9.16

11.00%

13.64

11.22

10.16

9.63

9.34

11.25%

13.77

11.36

10.32

9.80

9.52

11.50%

13.91

11.52

10.49

9.97

9.70

11.75%

14.04

11.66

10.65

10.15

9.88

12.00%

14.18

11.82

10.81

10.32

10.06

12.25%

14.32

11.97

10.98

10.49

10.25

12.50%

14.46

12.13

11.15

10.67

10.43

12.75%

14.59

12.28

11.31

10.85

10.61

This table shows the monthly payment of principal and interest for each $1,000 of mortgage. Example: The monthly principal and interest payment for a $125,000 mortgage with a 25-year amortization period at 5% is as follows: ($125,000 รท 1,000) X 5.82 = $727.50 november 2 - 16, 2013 new Condo Guide 131

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Compare mortgage rates for your best deal CHARTERED BANKS

Variable

6 Months

1 Year

2 years

3 years

4 years

5 years

ATB Financial 2.7 6.30op

2.94 6.30op

2.89 3.19 3.59 6.50op

3.84

Alterna Svgs/Alterna Bk 3

4 6.30op

3.14 3.14 3.19 3.59 6.30op

3.79

Bank of Montreal 3

4 6.30op

3.14 3.14 3.95 4.74 6.30op

3.89

Bank of Nova Scotia 2.8

4.55 6.45op

3.75 3.89 3.09 4.39 6.50op

3.89

Canadian Western Bank

4 6.45op

3.14 3.14 3.95 4.54 6.30op

5.34

CIBC 3 6.70op

3.09 3.14 3.19 3.59 6.35op

3.89

HSBC Bank Canada 3

2.7 3.95 3.13 4.99 6.35op

3.69

3.05

3.15

3.65

3.64

3.69

3.89

3.19

3.24

3.59

3.69

ICICI Bank Canada ING Direct

4.45 6.20op

Manulife Bank 2.8 4.45

4.09

3 3.25 3.4 3.5 4.00op

3.79

MonCana Bank

3.69

3.79

3.69

National Bank n/a

3.14 3.14 3.95 4.74 6.70op

5.34

President’s Choice Financial

4.4 6.70op

Royal Bank 3

4 6.30op

TD Canada Trust 3

3.75

3.24

3.79

3.69

4.09

3.14 3.14 3.85 3.59 6.30op

3.59

3.89

3.09 6.30op

3.14

3.95

4.74

3.79

3.25

3.95

4.74

TRUST COMPANIES 6.5

3.14

Effort Trust n/a

Community Trust

n/a

4.45 6.30op

3.25 3.6 3.95 4.7 6.30op

4.95

Home Trust Company

2.65

2.89

3.09

5.34

3.95

2.89

3.39

3.69

Investors Group Trust n/a

4.2 6.50op

3.14 3.14 3.95 4.69 6.30op

5.34

MTCC 2.8

4.55 6.45op

3.75 6.50op

3.89

3.09

4.39

3.89

Airline Financial C.U. 4

3.01 6.25op

3.1

3.33

3.65

3.99

Comtech Credit Union 2.95

6.2 6.40op

2.99 3.25 3.29 3.24 6.30op

3.45

First National Fin. LP

3.95

2.99

3.39

3.69

3.09 3.14 3.44 3.49 6.34op

3.69

OTHER FINANCIAL INSTITUTIONS

FirstOntario C.U. 2.7 6.34op London Life

n/a

4.69

5.34

3.05 3.1 3.55 3.65 3.95 6.30op

4.05

MCAP 2.85

3.6 3.95 4.35 4.89 7.00op

5.14

Meridian Credit Union 2.75 4

3.09 3.14 3.65 3.49 6.30op

3.59

Parama Credit Union

2.85

2.9

2.69

3.2

3.45

3.55

Steinbach Credit Union

2.5

2.7

2.9

3.05

3.25

3.1 6.50op

3.09

3.39

3.49

3.59

4.45 6.30op

3.14

3.09

Luminus Financial 2.95 6.50op

Teachers Credit Union 4

4.2

2.79

3.95

Notes **Interest rate charged subject to adjustment during term mortgage. Please consult institution for term of years available. All rates are prime rates and subject to change without notice. R.O.R. RATES ON REQUEST op OPEN ----- NOT QUOTING N/A NOT AVAILABLE Oct. 21, 2013. Prepared By Fiscal Agents Financial Information Services 905.844.7700

november 2 - 16, 2013 new Condo Guide 133

index of advertisers Augustine Group - Port Place Condos

124

Bazis Inc. - E Condos

Bazis Inc. - Exhibit

Bazis Inc. - One Yorkville

Brandy Lane Homes - The Station

Camrost - Felcorp - Imperial Plaza

Camrost - Felcorp - Yorkville Plaza

Canalfa Group - Liberty Central by the Lake

Canpages - Promo

118

Chinese Home & Condo Guide - Promo

City Core - Harmony Village Sheppard

Cityplace - Newton

34-35

Concert Properties - 88 Scott

Cresford Development Corp. - CASA III

135

Cresford Development Corp. - Corporate

IBC

Cresford Development Corp. - Merton Yonge Condominiums

136

Davies Smith - Eleven Superior

Dundee Kilmer Developments - Canary District Condominiums

Eastonâ&#x20AC;&#x2122;s Group - Westinghouse Lofts

Eden Shaw - Chaz Yorkville Condos ELAD Canada - Biyu Emerald City

Geranium Homes - Cardinal Point Great Gulf Homes - HOT Great Gulf Homes - Monde

INSERT

Menkes Developments Inc. - Harbour Plaza

INSERT

Menkes Developments Inc. - One Sherway Condominiums

MintoUrban Communities Inc. - 30 Roe

MintoUrban Communities Inc. - LongBranch

Monarch Corporation - Corporate

INSERT

Monarch Corporation - Lago

INSERT

One of a Kind Christmas Show - November 28 - December 8

117

Plaza Premium Lounge - Promo

Queenscorp Residences - Watermark

111

Remington Group - The Signature Condominium

119

98 132 71 38-39

Remington Group - Westinghouse Lofts

Rockport Group - The Nest

Solotex - Upper Beach Townes

109 81 127 17

Stanton Renaissance - On The Go

101

The Daniels Corporation - Cinema Tower Condominiums

The Daniels Corporation - High Park Condominiums

The Daniels Corporation - NY2

28 & 128

125

Lanterra Developments - The Britt

Lanterra Developments - Treviso Condominiums

27 107 Insert

The Daniels Corporation - One Park Place South

49 & Insert

Tower Hill Development Corporation - 2221 Yonge

Tribute Communities - The College

Tridel Corporation - 101 Erskine

Tridel Corporation - Argento

IFC

Windcatcher Development Corporation - Atwater Condos

123

Liberty Development Corp. - Royal Gardens

Insert

Liberty Development Corp. - Terrace on Danforth

Insert

134 new Condo Guide november 2 - 16, 2013

Menkes Developments Inc. - Corporate

Liberty Development Corp. - Legacy Park

Great Gulf Homes - Twenty Lombard

Liberty Development Corp. - Centro Square Condos 2

Malibu Investments Inc. - Smart House

Pinnacle International - The Pinnacle on Adelaide

Lash Group of Companies - Me Condos

Pinnacle International - The Marquee Townhomes on thePark

Great Gulf Homes - One Sherway Condominiums

Guizzetti Developments - Grand Palace

Luxury Condos - Promo

Empire Communities - Water Tower at Eau Du Soleil

Gemterra - Love Condos

105

Empire Communities - The Mark

Gairloch Investments - 383 Sorauren

Lindvest - The Brownstones at Westown

Pemberton Group - TEN93 Queen West

Fieldgate Homes - 90 Niagara

Empire Communities - The HUB

Fernbrook Homes/Cityzen Dev. - Garrison Point

Lifetime Developments - The Inventory Boutique

Family of magazines - Promo

Insert

Pemberton Group - Sky City

Empire Communities - Rain Condominiums

Esquire Homes - Three Seven Condos & Lofts

Liberty Development Corp. - World on Yonge

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NOVEMBER 2 - 16, 2013 NEW CONDO GUIDE 135

view

M ERTO N YO NGE TOWNHOM E S

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StyliSh CondoS & townS at 1815 yonge Street. N

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136 NEW CONDO GUIDE NOVEMBER 2 - 16, 2013