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November 8 - 22, 2014 Volume 18 Issue 21

INSIDE INSIDE THIS THIS ISSUE ISSUE

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EDITOR’S NOTE

SO, YOU’VE DECIDED TO BUY NEW... When only a new condo will do, those in the market will be pleasantly surprised by the exceptional value and attention to detail buying new has to offer. When you buy new, you don’t inherit somebody else’s worn carpeting, personal taste in kitchen appliances or paint colour preferences. You get a fresh, clean space that’s waiting for your personal imprint. If you’ve fantasized about buying a brand new home, these tips will help make the process a pleasant one:

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

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

THE HOW, WHERE AND WHAT

LYDIA MCNUTT EDITOR

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

When shopping for a new home, answering three important questions will help simplify what can be a complicated decision. Before you shop, visit your mortgage broker or bank to get your financing in order. This is the “how” part of the equation. Answer questions like: How much can I afford to spend on a home? How much do I have for a down payment? Will I be using my RRSPs toward my down payment? Will I be able to afford my lifestyle and still make my mortgage payments? Don’t forget to budget for closing costs and your other bills. Now comes the “where” question. Location is the one thing about your home that you can’t change and to many homebuyers, it is more important than the home itself! It affects how much you’ll need to spend on your purchase and property taxes, your lifestyle while you live there, and the resale value when you sell the place. Drive, walk and surf the web to learn as much as you can. Map the amenities that matter most to you – schools and parks, shopping areas, highways and public transit. How close do you want to be to your work, family and friends? Visit these areas at different times of the day and night to determine your comfort level there. Once you know how much you can spend, and have narrowed down your locations of choice, you can zero in on the “what” of your new home. Create a list of “must-haves” and “nice-to-haves.” If you’re purchasing a home with someone, you’ll have to take their wants and needs into consideration as well, which can make shopping a little more complicated. Whether you’re shopping for your new home now, or are just starting to think about it, getting your ducks in a row early will ease the stress and add to the enjoyment of the whole process.

WISH UPON A BLUE DIAMOND

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NOVEMBER 8 - 22, 2014 NEW CONDO GUIDE 3

NEW CONDO GUIDE

CONTRIBUTORS

PRESIDENT, WALL2WALL MEDIA

Jacqueline Hill EDITOR-IN-CHIEF / DIRECTOR OF CONTENT

Susan Legge DIRECTOR OF SALES, NATIONAL

Josh Heppner ASSOCIATE PUBLISHER SWO NEW HOMES

Susan Maxwell ART DIRECTOR

Daiana Garay EDITOR

Lydia McNutt CONTRIBUTING EDITORS

BILD REPORT

LEGALLY SPEAKING

DESIGNER ADVICE

Bryan Tuckey

Jayson Schwarz

Yanic Simard

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

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

Yanic Simard is New Condo Guide’s design editor, principal designer of the award-winning Toronto Interior Design Group (tidg.ca), and regular guest expert on City’s Cityline. Check out Yanic’s accessory line, Yanic Simard Selected, online at ysselected.com

Sara Duck Wayne Karl Elisa Krovblit DESIGN EDITOR

Yanic Simard

SALES MANAGER

Conni Robinson SENIOR ACCOUNT EXECUTIVE

Dionne Fraser dionne.fraser@wall2wallmedia.com SENIOR ACCOUNT EXECUTIVE

Nina Downs nina.downs@wall2wallmedia.com

SALES & MARKETING CO-ORDINATOR

Terry Bassett ADMINISTRATIVE ASSISTANT

Antoinette Jackson PRODUCTION MANAGER

Bala Gnanapandithan PRODUCTION CO-ORDINATOR

Sandra Hanak-Vujnovic CONDO PRO

Barbara Lawlor Barbara Lawlor is president and CEO of Baker Real Estate Inc., and an in-demand columnist and speaker. A member of the Baker team since 1993, Barbara oversees the marketing and sale of condominium developments in the GTA and overseas.

STAT CHAT

INDUSTRY INSIDER

Ben Myers

David Klugsberg

Ben Myers is senior vice-president of Market Research and Analytics at Fortress Real Developments. Ben assists in evaluating the market and projects that Fortress engages in. Follow his blog and commentary on the Canadian housing market at fortressrealdevelopments.com/ news or follow him on Twitter at @BenMyers29

David Klugsberg is president and CEO of L.A. Inc., one of North America’s leading real estate branding and marketing firms. David can be reached by calling 416.304.9660 or by emailing david@la-ads.com

GRAPHIC DESIGNERS

Viosa Barileva, Miguel Cea, Hannah Yarkony Sandra Hanak-Vujnovic, Mike Terentiev

Published By

#500-401 The West Mall Etobicoke, ON M9C 5J5 T 416.626.4200 F 416.784.5867 Call 416.626.4200 for a dvertising rates and information. CIRCULATION Free distribution in select high-traffic street boxes, stores, banks, financial institutions and select condominium sales offices. COPYRIGHT 2014 All rights reserved by Wall2Wall Media. Reproduction in any form is prohibited. Contents of this publication are covered by copyright and offenders will be prosecuted under the law. TERMS Advertisers, editorial content and new condo guide are not responsible for typographical errors, mistakes or m isprints. 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

FITNESS GALLERY

INVESTOR ADVICE

MONEY MATTERS

Gail Vaz-Oxlade

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

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

Mark J. Stables is founder of Benchmark Group and Movement Haus. 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. Visit online at movementhaus.com, benchmarkgroup.ca or call 416.428.3536.

Andrew la Fleur

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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*PRICES, SIZES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. RENDERING IS ARTISTS’ CONCEPT. EXCLUSIVE LISTING BROKERAGE TFN REALTY INC. BROKERS PROTECTED E.&O.E.

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8 NEW CONDO GUIDE NOVEMBER 8 - 22, 2014

BILD REPORT

// BY BRYAN TUCKEY

Politicians aren’t the only city builders

THINKING ABOUT TRANSIT

Bryan Tuckey is president and CEO of the Building Industry and Land Development Association and a land-use planner who has worked for municipal, regional and provincial governments. Follow him on Twitter @bildpres or follow BILD @bildgta, facebook.com/bildgta, and bildblogs.ca.

atching the municipal election season unfold was exciting, and it was peaking just as the leaves turned brilliant shades of orange, gold and red. Those 177,500 people who are employed by the building and land development industry in the GTA were eager to know who will represent our municipal government partners as we continue to work together to build great cities and towns. The most important challenge that our industry focuses on during election season is how our incoming elected officials can help us continue to build the homes and businesses that are needed to accommodate up to 100,000 people and 50,000 jobs that arrive in the GTA every year. 10 NEW CONDO GUIDE NOVEMBER 8 - 22, 2014

This influx of people – many of them first-time homebuyers and new Canadians who are looking to get onto the housing ladder – and jobs puts a lot of pressure on the building and development industry to meet the targets of the provincial growth plan, Places to Grow. The province wants our industry to focus on intensification around transit lines and downtown areas. This means higher-density housing is a priority along subway, LRT and bus lines to make transit viable – to ensure that transit has sufficient ridership to meet operational costs so that our children aren’t left subsidizing the transit lines. Viable transit requires strategy where the result is that every platform is busy. Ridership improves when a plan is made “for the evolution of the community” for appropriate density to support transit, development expert Barry Lyon of N. Barry Lyon Consulting told us not long ago. Our industry is prepared to do its fair share to contribute to whichever transit plan Toronto council approves. We understand that growth must pay for growth, and the building industry is committed to helping the city with its long-term economic viability. Raising funds through increased development charges (DCs) cannot be the only solution. Development charges must be reasonable and fair because they have a direct impact on the increased cost of a new home, which can price first-time buyers out of the market. New neighbours in the GTA – the people who are buying new homes and businesses – already do their fair share, paying about $1 billion in DCs each year. All applicable sources of revenue must be considered, and that includes property taxes. A recent study by the Institute on Municipal Finance and Governance says that the average Toronto resident pays low property taxes compared with other Ontario cities. It also says the city relies on fees and charges, which have all increased significantly over the past decade. This trend makes it more difficult for new neighbours looking for new homes or businesses that they can afford to purchase. We can’t take on this issue alone. We must all work together – the industry, municipal partners and the public. Toronto is at a crossroads for the transit crisis: this is not a time for small plans. It’s a time for courage when every vote counts. Our friends at the Residential and Civil Construction Alliance of Ontario have entered the transit dialogue with a four-part video series that I think you’ll find educational. Visit rccao.com to see it. I hope you exercised your right to cast a ballot on Oct. 27. We’re lucky we have the right to make a difference.

WHERE EAST MEETS WEST

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TABLE OF CONTENTS

Nov 8 – 22 2014 VOLUME 18 ISSUE 21

MINTO’S YORKVILLE PARK

ushers in a new era of luxury

COLUMNS, NEWS & FEATURES 002 EDITOR’S NOTE COLUMNISTS

010 BILD REPORT Politicians aren’t the only city builders thinking about transit BY BRYAN TUCKEY

014 STAT CHAT Watch the trend line, not the headline BY BEN MYERS

016 INVESTOR ADVICE Bring on the mortgage rate wars! BY ANDREW LA FLEUR

018 CONDO PRO Condo as a community BY BARBARA LAWLOR

034 LEGALLY SPEAKING Financing and hidden tricks BY JAYSON SCHWARZ

044 FITNESS GALLERY Hot fitness ideas BY MARK J. STABLES

052 FUNDAMENTALLY SPEAKING Buying your first home? BY WAYNE KARL

066 MAKE YOUR MOVE Packing up for the move BY CHUCK RESNICK

074 INDUSTRY INSIDER Awards mean rewards BY DAVID KLUGSBERG

088 DESIGNER ADVICE Living in layers BY YANIC SIMARD

102 QUICK TIPS Preparing for the busy season

BY HELLEN BUTTIGIEG

IN THE NEWS

030 CMHC REPORT Steady outlook for Canada’s housing market in 2015 with some moderation in 2016 056 MARKET NEWS More mixed-use projects, please! Demand drives development trend BY LYDIA MCNUTT

064 BMO ECONOMICS Toronto continues to be among the top markets in the country 086 SALES STATS New home sales and prices continue strong performance 096 EMPIRE/PACE Empire/Pace celebrate Villagio breaking ground in Maple

112 URBANATION Condo sales soar across the GTA HOMEBUYERS’ HELP

022 HOMEBUYERS’ HELP Goldilocks market, home prices moderating in Canada BY LYDIA MCNUTT

032 HOT DATES Special events in the GTA 040 YOUR HOME The real nightmare of stigmatized homes BY YAN GUREVICH

048 MARKETPLACE A-Round

BY ELISA KROVBLIT

060 ENTERTAINING Q&A with Canada’s “it” girl Jillian Harris BY SARA DUCK

054

046 046

094

076

CONDO PROFILES

046

LANTERRA DEVELOPMENTS

TeaHouse Condominiums Bringing Asian-inspired design to Yonge Street

054 TRIDEL

Aquavista at Bayside Resort-style living along Toronto’s new blue edge 098

076

AMACON

PSV & PSV2 The time is now! Construction is underway at PSV & PSV2

094

068 PURCHASER PROFILE Television industry couple chooses Howard Park Condominiums

ARMOUR HEIGHTS DEVELOPMENTS

The Sorrento Condominium New condo brings old-world elegance to Richmond Hill

070 HOMEBUYERS’ HELP Home-hunting tips for couples 078 MORTGAGE MINUTE Making sense of mortgage terms BY PETER KINCH

082 EVENT One of a Kind Christmas Show & Sale celebrates 40th Anniversary 092 CONDO WATCH 905 Previews, new releases and grand openings in the 905

130 110

098

THE DANIELS CORP.

Daniels Encore Much-anticipated townhome collection now selling quickly to savvy buyers

108 CONDO WATCH 416 Previews, new releases and grand openings in the 416

110

129 CONDO BUYERS’ RESOURCE SECTION

ME Living One-of-a-kind master-planned community

134 ADVERTISER INDEX

LASH GROUP OF COMPANIES

STAT CHAT

// BY BEN MYERS

WATCH THE TREND LINE,

not the headline

Ben Myers is senior vice-president of Market Research and Analytics at Fortress Real Developments. Ben assists in evaluating the market and projects that Fortress engages in. Follow his blog posts and commentary on the Canadian housing market at fortressrealdevelopments.com/news or follow him on twitter at @BenMyers29

It’s sad that so many people think that anyone that works in the real estate business in this country will lie just to make a buck. When I want to know what’s happening in the market, I go to the people who work in the market and study it closely, and you should to.

stole the title for this article from a recent interview of former President Bill Clinton, and I think it is very fitting when applied to the housing market. It seems like 75 per cent of articles about the GTA housing market have a negative headline, yet the market in Toronto has been relatively strong for the past 17 years. I believe you should ignore the headlines and concentrate on the trend lines. I presented some long-term data in my bi-annual Market Manuscript, a robust 40-page document on the conditions and trends of several housing markets in Canada. This report is available for free in the news section of our website at fortressrealdevelopments.com. The media picked up the report and several news outlets ran articles on the key findings, many of which I pulled from various reports by BMO Capital Markets, TD Economics, Anderson Economic Research and Will Dunning Inc. Based on the statistics and conclusions from these experts and decades worth of data from Canada Mortgage and Housing Corp., The Altus Group and others, I concluded that the Ottawa market is relatively flat, the Winnipeg market is softening (coming off a 26-year high for starts) and the Calgary, Edmonton and Toronto markets were performing very well. This conclusion didn’t sit well with many anonymous folks online, and I was accused of being biased, being in the real estate business. Don’t listen to these ignorant people. The population growth, employment growth, price inflation, and starts data in the Toronto area are all relatively strong, and the supply of completed and unsold units is right at the 10-year average. All these factors pointed toward my positive forecast. However, by the logic presented by these folks on the net, I can’t talk about my optimistic forecast publicly because my company may benefit by that conclusion being made. So, if someone that works in the real estate business thinks the market data is favourable, they should never be trusted. Absurd! I guess a stockbroker can never say he thinks it’s a good time to buy stocks, or the guy at the corner pizza place can’t say he thinks his pies taste good, or the retail clerk can’t say those jeans look good on you, because they might benefit financially by saying those things (even if they are true). It’s sad that so many people think that anyone that works in the real estate business in this country will lie just to make a buck. When I want to know what’s happening in the market, I go to the people who work in the market and study it closely, and you should to. Don’t argue that someone’s opinions are not valid based on where they work. Argue that someone’s opinions are not valid based on data and facts. The Toronto condo market is doing very well, and I have 17 years of data to back up that claim. Keep that in mind when you’re looking for your new home.

14 NEW CONDO GUIDE NOVEMBER 8 - 22, 2014

014 Stat Chat w/ Ben Myers-Watch the Trend Line, not the Headline_MC_L.indd 14

14-11-04 5:15 PM

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NOVEMBER 8 - 22, 2014 NEW CONDO GUIDE 15

INVESTOR ADVICE

// BY ANDREW LA FLEUR

BRING ON THE MORTGAGE RATE WARS! 1. Low interest rates are great for your bottom line.

Low interest rates make a big difference to your bottom line as an investor. How? By helping you pay down your principal faster while paying less interest. Consider this: on a $300,000 investment condo with 20 per cent per cent down, at a threeper-cent interest rate, you will pay off $34,860 in principal in the first five years of your mortgage and $33,287 in interest. At a six-per-cent interest rate, you would pay down only $24,391 in principal and a whopping $67,739 in interest over the first five years of your mortgage. Buying the right condo, with the right mortgage rate, is a great move. 2. Low interest rates are here to stay.

For the last five years it’s been the same old song from the skeptics: “Yes, interest rates are low, but what happens to everyone when rates jump back up to normal?” The reality is that the interest rates are not going anywhere any time soon. The Bank of Canada has admitted that rates aren’t going anywhere until at least mid-2015. Are you going to sit on the sidelines and wait for higher rates or are you going to take advantage and act now? 3. When interest rates eventually do start to rise, don’t worry. Here’s why:

he mortgage rate wars are raging on. Not too long ago we saw the return of the 2.99-per-cent five-year fixed-rate mortgages, and a huge surprise was when one lender announced an incredible 1.99-per-cent three-year variable-rate mortgage. Wow! So what do the mortgage rate wars mean for condo investors? It’s all good news, that’s for sure.

16 NEW CONDO GUIDE NOVEMBER 8 - 22, 2014

The fears that people have about rising interest rates and a subsequent falling real estate market are irrational. Here’s why: if and when the Bank of Canada raises interest rates, that will mean that the economy is doing better than it is now, not worse. A better economy means more jobs and higher wages, which means more demand for real estate, and thus prices will rise, not fall. Prices fall during recessions, not during times of growth. Rental rate increases may slow down as more people shift from renting to buying in the future, but as a landlord you win either way. If interest rates stay the same, more people will rent, driving up your income from rents. If interest rates start to go up, more people will buy, driving up your property’s value. It’s a win-win scenario.

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ETOBICOKE WATERFRONT | Lago | Under Construction from the $200,000’s Sales Centre located at 2167 Lake Shore Blvd. W. 416-495-3544

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NOVEMBER 8 - 22, 2014 NEW CONDO GUIDE 17

CONDO PRO

// BY BARBARA LAWLOR

Condo as a

COMMUNITY

Barbara Lawlor is president and CEO of Baker Real Estate Inc., and an in-demand columnist and speaker. A member of the Baker team since 1993, Barbara oversees the marketing and sale of condominium developments in the GTA and overseas.

t always pleases me to point out the many advantages of living in a condominium. So often we read about the carefree lifestyle that comes along with having building and grounds maintenance taken care of, and the fact that the amenities such as pools, exercise rooms and party rooms provide a wonderful extension to the living space you enjoy in your suite. That is all true, but a condominium offers so much more – especially a real sense of community. By virtue of what a highrise condominium is, people who live under the same roof make up a neighbourhood. And in many ways, residents in a condo come in contact more often than those who live in lowrise communities and come and go in cars all day long. I know people who have lived in lowrise communities for years and still don’t

18 NEW CONDO GUIDE NOVEMBER 8 - 22, 2014

know their neighbours. In a condominium, you meet your neighbours in the elevators, hallways and common areas, and faces quickly become familiar. When you travel, your neighbours don’t have to go far to water your plants or feed your cat. And in a highrise, people are more likely to notice if anything unusual is taking place, which adds a level of comfort. Community is about sharing and togetherness, and condo amenities are natural spots where socializing happens. Chatting while you’re on a treadmill in the fitness room, relaxing by the pool or in the sauna, throwing a steak on the barbecue on the rooftop patio – these are all situations that nurture mixing and mingling with like-minded neighbours. These fabulous areas increase the sense of belonging that residents feel, and they are just an elevator ride away. And something as small as saying “good morning” when you step on the elevator contributes to the camaraderie. Another benefit of condominium living is the fact that rules and regulations exist to protect people’s rights and safety. These guidelines are enforced by the condominium corporation to promote mutual consideration and respect among residents, and to protect everyone’s investment. Whether they are rules about noise, pets and other lifestyle considerations, everyone in the building is expected to follow these guidelines. It’s an even playing field. And on those rare occasions when an issue arises, there is a concierge to help address the situation. Speaking of concierge services, many condominiums today also employ a Resident Services Director, who organizes social activities and groups for fun and recreation. These may range from exercise classes to theatre outings or trips to the casino. Talk about a sense of belonging! That feeling extends to the surrounding community, as most urban condominiums are close to assorted amenities such as parks, shops, entertainment venues and more. Examples of some of the most invigorating master-planned communities in the GTA are Humber Bay Shores, the Fort York Neighbourhood and the emerging new Downtown East. Many condominiums today even have restaurants and commercial retail venues in the podium, which really makes the building a community in the truest sense of the word. Keep in mind that in a condo, you decide how much togetherness you want. Your suite is your private sanctuary, and today’s gorgeous layouts and high-quality appointments make daily life an enjoyable experience. Your “home” is more than the immediate walls that surround you; home is also determined by the people in your neighbourhood. If you make the move to a condo, make the most of the opportunities it brings your way. Extend a hand in friendship, and consider running for the condominium board of directors. You can help to make your condo a vibrant vertical community.

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MINTO’S YORKVILLE PARK USHERS IN A NEW ERA OF LUXURY

SET IN THE HEART OF YORKVILLE, ONE OF TORONTO’S

most celebrated neighbourhoods, Minto announces the arrival of its much-anticipated Yorkville Park. Located at the iconic intersection of Bellair and Cumberland, Minto’s latest boutique condominium caters to a new era of urban luxury and prestige. Featuring an unbeatable Walk Score of 100, Yorkville Park offers unparalleled access and convenience. Just steps from the Bay TTC station and nearby Yonge station, residents have immediate access to the hub of Toronto transit – condominiums along the subway line appreciate faster – and an enviable array of cosmopolitan amenities at their doorstep.

020

Residents of Yorkville Park barely have to leave their suites to enjoy some of Toronto’s top culinary delights. World-class restaurants within walking distance include Pangaea, Sotto Sotto and the new Buca Yorkville. Just around the corner on Bellair, residents can visit charming café, ZAZA Espresso Bar, where they will feel as though they are sipping their coffee in an Italian piazza. The high-fashion retail on Bloor Street West’s Mink Mile, a quick jaunt to the Manulife Centre, combined with access to cultural destinations such as the ROM, equal the perfect recipe for a luxurious lifestyle abound. “Living in Yorkville represents the pinnacle of urban prestige and residents will simply enjoy the best Toronto has to offer. Minto Yorkville Park will be at the heart of it all. It will truly be an impeccable home,” says Amanda Wilson Watkins, vice-president of marketing and sales for Minto. Climbing 25 storeys, the residences in the sky will offer phenomenal views of the city, while boutique units on lower floors will overlook the Village of Yorkville Park. At street level, 5,700 sq. ft. of retail space will house the types of high-end boutiques that have made Yorkville famous. With exquisite glass facades and a stunning streetscape podium, the exclusive 25-storey tower by Page + Steel/IBI Group Architects will define a sculptural entryway to the heart of one of the city’s most celebrated addresses: 88 Cumberland St. Inside the suites, the ever-popular external bedrooms

offer unparalleled views of the cityscape through floor-to-ceiling windows, painting your evening backdrop with twinkling city lights. Interiors extend onto spacious balconies, inviting outdoor entertaining. In the state-of-the-art presentation centre, a multi-media wall showcases sumptuous kitchen and bathroom vignettes and unique floor plans, encouraging purchasers to imagine their refined Yorkville lifestyle. Take a walk through the stunning integrated model suite kitchen, which features a chic lighting sculpture overhanging a custom-built island and a sophisticated hood spotlighting a cooktop stove. A paneled fridge and dishwasher disappear from view, creating a seamless effect. Gorgeous bathrooms are appointed with polished stone and porcelain, adorned by gold faucets. Residents can relax the day away in their very own deep soaker tub or enjoy the spacious walk-in shower fitted with a soothing rain showerhead and handheld shower.

The variety of amenity spaces complement the neighborhood’s ample attractions and dining options. Residents can unwind on the expansive second-floor lounge complete with a chef’s catering kitchen and private dining room, or visit the seventh-floor outdoor terrace, which offers intimate seating areas around a luxurious full-height fireplace. Residents can refresh or let go of the day’s stresses while enjoying private workouts in a fully outfitted 2,000-sq.-ft. fitness centre. Set to become Minto’s 15th Leadership in Energy and Environmental Design (LEED) accredited building, Yorkville Park builds upon the company’s impressive legacy of sustainable building practices. Just some of the many sustainability features at Yorkville Park include Energy Star appliances, which use approximately 30 per cent less energy; motionsensor controlled lighting in common areas to reduce common area electricity costs; a highperformance thermal envelope, which minimizes unwanted solar gain and heat loss; and heat recovery ventilation (HRV), which delivers fresh air to the suites and reduces heating and cooling costs. For your chance to call one of Toronto’s most exclusive addresses “home,” explore the Minto Yorkville Park model suite and presentation centre on Sat., Nov. 15th, from 11 a.m. to 5 p.m., on the seventh floor of 94 Cumberland. Now is this time to discover Minto Yorkville Park, a unique type of urban luxury in downtown Toronto’s most district. Typically, this location is $1,500 per sq. ft., but is currently offered for under $1,000 per sq. ft. This is one not to miss! To register and for more information, please visit mintoyorkvillepark.com. NOVEMBER 8 - 22, 2014 NEW CONDO GUIDE 021

HOMEBUYERS’ HELP

GOLDILOCKS MARKET Home prices moderating in Canada - but not everywhere // BY LYDIA MCNUTT

“We are experiencing . . . a transition to what our agents refer to as a Goldilocks market, one that is neither too hot, nor too cold . . . We expect home prices to continue to grow in the months ahead, but at a slower rate than we have seen in recent years.”

LOOKING BACK AT 2014 IN CANADIAN real estate, it’s largely been a seller’s market. The inventory of homes on the market has been low, the demand high, and prices going up, up, up. But Royal LePage’s latest House Price Survey reports a natural slow-down in the nation’s real estate activity in the third quarter, calling it a “Goldilocks market” that is just right. “In the seven years since the Canadian housing market began its recovery from the worldwide recession, home price growth has been robust, often greater than the long-term average of approximately five per cent,” says Phil Soper, president and chief executive of Royal LePage. “We are now experiencing a natural slowing in the rate of year-over-year price appreciation, with real estate markets moderating in most parts of the country – a transition to what our agents refer to as a Goldilocks market, one that is neither too hot, nor too cold. To be clear, we expect home prices to continue to grow in the months ahead, but at a slower rate than we have seen in recent years.”

CONTINUED ON PAGE 24… 22 NEW CONDO GUIDE NOVEMBER 8 - 22, 2014

NOW UNDER CONSTRUCTION

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NOVEMBER 8 - 22, 2014 NEW CONDO GUIDE 023

HOMEBUYERS’ HELP

CONTINUED…

Survey says... According to the House Price Survey, the average price of a home in Canada rose between 4.4 and 6.1 per cent year over year, with two-storey detached homes averaging $441,714; detached bungalows at $405,101; and condos coming in at $257,377. BUCKING THE GOLDILOCKS MARKET TREND, CALGARY AND TORONTO PRICES SAW DRAMATIC PRICE INCREASES

Low inventory after an unseasonably busy August contributed to a spike in prices across all housing types in Toronto. Standard condos saw the greatest increase, up eight per cent year-over-year to $383,039. Detached bungalows rose 7.2 per cent to $618,088, and standard two-storey homes increased 7.6 per cent to $733,317. Meanwhile, Calgary’s market was among the strongest across Canada, where high demand and low supply brought on price increases across the board – condominiums saw a sharp increase of a whopping 11.8 per cent year-over-year to $294,156, while detached bungalows increased 10.8 per cent to $515,844 and standard two-storey homes were up 9.2 per cent to $499,811. In these markets, if you’ve found a great home, chances are someone else has their eye on it too. Here are some tips to help you conquer a sellers market: BUYING IN A SELLER’S MARKET:

Tip #1: Keep your emotions in check. Combine a hot real estate market with a hot head, and you start to lose sight of the goal: to make a smart purchase and a sound investment. Don’t become a bidding war casualty. Set your budget and stick to it. A home is only worth so much, and it’s up to you to decide what that magic number is.

24 NEW CONDO GUIDE NOVEMBER 8 - 22, 2014

Low inventory after an unseasonably busy August contributed to a spike in prices across all housing types in Toronto Tip #2: Go with a pro. Your real estate agent, financial advisor and lawyer are your essential three in the home-buying process, helping you to keep your emotions in check (refer to #1) and make a purchasing decision based on facts and figures – not feelings. Use their expertise and make a smart bid that reflects what the home is worth and what you can comfortably afford – even if (and when) interest rates rise by one, two or three per cent. Tip #3: Get pre-approved for a mortgage. With a mortgage pre-

approval in your back pocket, you’ll be locked-in at today’s low rates for 90 to 120 days, and when you do find a great home and are ready to make an offer, it won’t be conditional on financing since you already have this in order.

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NOVEMBER 8 - 22, 2014 NEW CONDO GUIDE 27

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CHAZ. YORKVILLE. ELEVATE YOUR LIFESTYLE. Chaz Yorkville Condominiums located in Yorkville just steps to world-class shopping, dining, culture and subway. Chaz Yorkville gives you access to the spectacular Chaz Club entertainment lounge in the sky located on the 36th and 37th floors with panoramic views. Upscale amenities include outdoor courtyard with wet bar and private dining room, hotel-style lobby with fireplace and state-of-the-art gaming room. The best in fitness, yoga and leisure for well-being. This is Yorkville living at its finest. Touches of glamour that welcome you home.

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NOVEMBER 8 - 22, 2014 NEW CONDO GUIDE 029

CMHC REPORT

STEADY OUTLOOK FOR CANADA’S HOUSING MARKET IN 2015 with some moderation in 2016 ACCORDING TO THE FOURTH QUARTER 2014 HOUSING

Market Outlook, Canada Edition1 released recently by Canada Mortgage and Housing Corp. (CMHC), housing starts in 2015 will remain similar to levels observed in 2014 and in line with economic and demographic trends. By 2016, some moderation is expected. “The trend for housing starts has been up in recent months, particularly in multi-unit structures. This has been broadly supported by key factors such as employment, disposable income and net migration, which are expected to continue to be supportive of the Canadian housing market over the 2014-2016 forecast horizon,” says Bob Dugan, chief economist for CMHC. “CMHC’s latest forecast calls for a slight moderation in multi-unit starts during 2015, which will be offset by an increase in single-detached starts. Looking ahead to 2016, expectations are for total starts to moderate as builders focus on reducing their inventories.” On an annual basis, housing starts are expected to range between 186,300 and 191,700 units in 2014, with a point forecast of 189,000 units. In 2015, housing starts are expected to range from 172,800 to 204,000 units, with a point forecast of 189,500 units. For 2016, housing starts are forecast to range from 168,000 units to 205,800 units, with a point forecast of 187,100 units. Multiple Listing Service (MLS2) sales are expected to range between 467,400 and 482,000 units in 2014, with a point forecast of 476,100 units. In 2015, sales are expected to range from 457,300 to 507,300 units, with a point forecast to 482,500 units. For 2016, resales are forecast to range from 448,000 units to 508,000 units, with a point forecast of 477,200 units.

“ The trend for housing starts has been up in recent months, particularly in multiunit structures. This has been broadly supported by key factors such as employment, disposable income and net migration, which are expected to continue to be supportive of the Canadian housing market over the 2014-2016 forecast horizon.” The average MLS price is forecast to be between $401,600 and $405,400 in 2014, with a point forecast of $404,800. In 2015, the average MLS is expected to be between $403,600 and $417,800, with a point forecast of $410,600. For 2016, the average MLS is forecast to be between $407,300 and $424,500, with a point forecast of $417,300. 1 The forecasts included in the Housing Market Outlook reflect information available as at Oct. 22, 2014. Where applicable, forecast ranges are also presented in order to reflect financial and economic uncertainty. 2 Multiple Listing Service (MLS) is a registered trademark owned by the Canadian Real Estate Association. As Canada’s national housing agency, CMHC draws on more than 65 years of experience to help Canadians access a variety of quality, environmentally sustainable and affordable housing solutions. CMHC also provides reliable, impartial and up-to-date housing market reports, analysis and knowledge to support and assist consumers and the housing industry in making informed decisions.

30 NEW CONDO GUIDE NOVEMBER 8 - 22, 2014

030 CMHC Report-2015/2016 forecast_VB_L.indd 30

14-11-04 6:01 PM

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Located in the heart of Toronto’s fastest growing neighbourhood Located in the heart of Toronto’s growing neighbourhood — One Park Place South Tower isfastest the newest addition to the —internationally One Park Place South Tower is the newest addition to the recognized Regent Park revitalization. Learn internationally recognized Parktake revitalization. how you can buy with 5%Regent down and advantageLearn of Daniels LIMITED !** FER FD OE E IT how can BOOST* buy with—5% down and take advantage of Daniels LIM Firstyou Home boosting your downpayment from 5% TIM Rc!k**er Lo F & EinOgF E ark First Home BOOST* boosting your downpayment from 5% TPIM to 15% interest and — payment free! ly n for&oLocker Parking only to 15% interest and payment free! $fo1r2,900

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*The First Home Boost Program is not available on the townhomes and is only available on a limited number of suites. **Parking and locker incentive are only available on a select number of home types. Conditions apply. Exclusive Listing: CityLife Realty Ltd. Brokerage. Brokers Protected. Illustrations are artists concepts. Prices and specifications are subject to change without notice. E.&O.E. All brand names, logos, images, text and graphics *The Boostof Program is not on the townhomes and is only available on a limited suites. **Parking and locker incentive isarestrictly only available on a select number of home types. Conditions apply. areFirst the Home copyright the owners, Theavailable Daniels Corporation. Reproduction in any form, without priornumber writtenofpermission of The Daniels Corporation, prohibited. Exclusive Listing: CityLife Realty Ltd. Brokerage. Brokers Protected. Illustrations are artists concepts. Prices and specifications are subject to change without notice. E.&O.E. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without prior written permission of The Daniels Corporation, is strictly prohibited.

HOT DATES

NOVEMBER 2014 Calendar of events taking place from November 8 – 22

HIGHLIGHTS

NOV. 7 – 9

National Women’s Show NOV. 7 – 16

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The National Women’s Show is a one-stop shop for products, seminars, workshops and more – all for women. Get a free makeover at the Salon Stage, learn about the environment, financial planning and today’s health issues at the Workshop Stage, and hear experts talk body and mind at the Health and Wellness Stage. Visit online for more information. nationalwomenshow.com

Since its start in 1922, the Royal Agricultural Winter Fair has become the largest indoor agricultural and international equestrian competition in the world. More than 340,000 visitors flock to the Royal each year to see over 300 vendors, regal horse shows, entertaining dog shows and everything in between. royalfair.org

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Extended by popular demand, the Tony-Award winning smash musical The Book of Mormon is back at Toronto’s Princess of Wales Theatre. From the creators of South Park, it’s a laugh and a half, with a viewer rating of five out of five stars. Don’t miss it! Visit online for info and tickets. mirvish.com/shows/thebookofmormon

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NEWCONDOGUIDE.COM Published by

LEGALLY SPEAKING

// BY JAYSON SCHWARZ

FINANCING AND HIDDEN TRICKS

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.

cannot believe how certain builders (“Vendors”) try to take advantage of new homebuyers on the issue of mortgages. There is an attempt to squeeze extra money from innocent purchasers through certain clauses inserted into the Agreement of Purchase and Sale, that change something good into a potential trap for the unwary buyer: 1. “The purchaser agrees to apply

to a lending institution designated by the Vendor . . . to assume any existing first mortgage . . . The first mortgage shall bear interest to be fixed by the lending institution at a rate not to exceed ——% and have about —— years to run. . . ” This clause makes sense and allows certainty for both sides. Where the buyer gets potentially damaged is when this clause is combined with clauses 2 or 3 that follow: 34 NEW CONDO GUIDE NOVEMBER 8 - 22, 2014

2. “If at any time prior to the completion of the sale, the Vendor determines that it is unable for any reason whatsoever to arrange first mortgage financing for the subject property with a lender of its choice, this Agreement may, at the Vendor’s option, be declared null and void and the deposit money returned to the Purchaser without deduction or interest.” This is scary. First of all, you have a Vendor with no restrictions or obligation to be reasonable, and this Vendor will probably react only out of self-interest. Our poor buyer, if terminated, doesn’t even get interest on his deposit and this clause could be used right up to closing. 3. “It is agreed and understood that the term of the first mortgage may be varied at the option of the Vendor, by decreasing it by not more than 20% of the total term . . . In the event the vendor has not received a mortgage commitment . . . above described, Purchaser agrees to accept such mortgage upon such terms and at such interest rate as the Vendor is able to arrange, provided that the interest rate . . . shall not exceed the interest rate shown above by —— % . . .” This clause gives the builder the unrestricted option to reduce the term, as an example from five to four years (lowering the cost of money), and increase interest over what you thought you were getting at the beginning. A fairly sneaky builder could get a commitment that builds in a percentage of your mortgage payments as a bonus to the builder. This clause could be used by an unscrupulous builder, to the extreme detriment of an innocent purchaser. 4. Sometimes a mortgage schedule is buried in the back of the Agreement. I recently reviewed one with a clause allowing the builder to terminate if the buyer did not provide him an acceptance letter for financing from an institution within 10 days of acceptance of the offer. Hmmm, closing in two years but we need to give the letter now. Good luck, and if not, the builder has the right to terminate any time up to closing.

So, what should you do? a) Amend clauses like 2, 3 and 4 if they appear in your offer, or don’t firm up. Request the option to seek your own financing, and get it in writing. b) When you see clauses like 2, 3 and 4 above, be suspicious – especially if they are buried in fine print, and question whether you can trust a builder who does this. The moral of the story is to make sure 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.

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DA NF ORT H

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www.MyLibertyCondo.ca N

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

NOVEMBER 8 - 22, 2014 NEW CONDO GUIDE 035

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* Limited time offer, restrictions apply. On select units. Prices do not include parking. See Sales Representative for details. All illustrations are artist’s concept only. © 2014 Liberty Development Corporation. All rights reserved. Brokers protected.

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NOVEMBER 8 - 22, 2014 NEW CONDO GUIDE 037

038

039

YOUR HOME

// BY YAN GUREVICH

The real nightmare of

STIGMATIZED HOMES

H A real estate sales representative with Harvey Kalles Real Estate, Yan Gurevich shares his creativity, sales, finance and negotiating skills with his colleagues and clients. Email him at yan@harveykalles.com; call 647.209.4004; and follow him on Twitter @brokeryan

alloween may have come and gone, but some homes have that spooky factor all year round. You know that feeling you get from a house that just feels “odd.” Welcome to the world of the surreal and intangible – a nightmare for any seller who just can’t understand why their home sells below market, or not at all! Picking a “stigma-free” home with the right karmic energy is becoming a complex science in Canada’s multicultural real estate market. Each prospective homebuyer is sensitive to his and her own sets of curses, dragons and preconceived notions of what makes a home lucky or unlucky – and in some cases, unsellable. More than a century ago, wealthier families installed “coffin doors” in their homes. Huh? Back then, people didn’t go to the hospital when they got sick, and they often expired at home. Rather than carrying the coffin through the front door, the family members used a more macabre exit. If you see an unusually tall window in a Victorian- or Edwardian-era home, you guessed it – that’s a coffin door. It’s enough to turn some potential homebuyers right off.

Each prospective homebuyer is sensitive to his and her own sets of curses, dragons and preconceived notions of what makes a home lucky or unlucky – and in some cases, unsellable CONTINUED ON PAGE 42… 40 NEW CONDO GUIDE NOVEMBER 8 - 22, 2014

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

NOVEMBER 8 - 22, 2014 NEW CONDO GUIDE 41

YOUR HOME

CONTINUED…

Three chart toppers of unlucky, inexplicably eerie, or outright haunted homes: FENG SHUI

It’s the concept of famous Chinese metaphysical forces. Investigate issues like location, the direction the property is facing, layout and street number. By ignoring potential Feng Shui issues, when you decide to sell you may be eliminating a large number of buyers to whom these issues may matter most. Look out for staircases that face the front door, and views straight down a facing street from your front door. GHOSTS

Each house will have its own sets of sounds, light illusions and drafts. One seller told me he had to sell because surely his was a haunted house. Each night near midnight, he and his wife could hear voices coming through their vents. They lived alone in a detached house. During a home inspection we identified an old fireplace vent improperly sealed. Further investigation confirmed that what was heard was his neighbours next door in their kitchen, dining late after work. CHILLS AND THRILLS

After walking through a perfectly priced house for a flip-and-sell project, a buyer told me that the house gave him the creeps. Further investigation showed that 42 NEW CONDO GUIDE NOVEMBER 8 - 22, 2014

previous owners had died in that house from natural causes, and the executors of the estate were turned off by the place, so much so, that they actually left the city once the house went on the market. Once the buyer realized that it was just a matter of changing the quality of energy of the house by bringing his own interest and love into it, the house took on a different feel for him and he purchased it at a great discount. With a haunted house (that is, if you believe in that sort of thing) or any stigmatized home, buyer beware. It is up to the buyer and buyer’s agent to do their due diligence about any issue that may stigmatize the home for the buyer and possibly affect a future sale. The listing agent is not required to disclose items that are considered “stigmatic.” However, sellers must disclose if a person died in the house of unnatural causes, or if the house was used for illicit activities. Check with your lawyer for a list of disclosures you are entitled to from a listing agent.

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THE GRAHAM HILL COLLECTION

FITNESS GALLERY

// BY MARK J. STABLES

HOT WORKOUT IDEAS

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. Visit movementhaus.com, benchmarkgroup.ca or call 416.428.3536.

to warm up those cold days

contemplate what exercising indoors will look like over the next several months until spring returns. 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? 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 is 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 bigticket classes at the moment. All this, without ever leaving the comfort of your condo. And if you are planning a great escape 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.

hanksgiving is behind us and the trees are clad in their brilliant red, orange and yellow coats. Many of you took advantage of the last warm days of September and October by remaining active outdoors. But we all knew this wouldn’t last forever. Now that the thermometer is showing single digits in the mornings and the days are becoming increasingly shorter, we’re finally beginning to

44 NEW CONDO GUIDE NOVEMBER 8 - 22, 2014

There are a number of options that combine leisure and fitness into one, so you can have the best of both worlds. How about: ›› 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, or ›› 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, an afternoon with Google, and you’ll find a trip that’s right for you. In the meantime, enjoy everything your condomonium’s gym has to offer.

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NOVEMBER 8 - 22, 2014 NEW CONDO GUIDE 45

CONDO PROFILE

TEAHOUSE CONDOMINIUMS BRINGS ASIAN-INSPIRED DESIGN TO YONGE STREET Lanterra Developments’ new project boasts landmark location, unparalleled design and abundant amenities

ot on the heels of the extraordinary success of 11 Wellesley and The Britt Residences at Bay and Wellesley – two of Toronto’s most talked-about condominium projects of recent years – Lanterra Developments introduces TeaHouse Condominiums, a landmark building that’s set to rise on the city’s iconic main street. Designed by architectsAlliance, this captivating new two-tower community at 501 Yonge St. will span an entire city block between Alexander and Maitland Street, just north of College Street. TeaHouse Condominiums builds

46 NEW CONDO GUIDE NOVEMBER 8 - 22, 2014

on Lanterra’s unparalleled track record for delivering unique projects that place great design at the forefront. The building distinguishes itself with a thoughtful Asian-inspired aesthetic, executed to aplomb by worldrenowned interior design firm Munge Leung. Serene amenity spaces and tranquil common areas have been designed to provide TeaHouse residents with a respite from the delightful hustle and bustle of downtown life, restoring balance and harmony the moment they arrive back at home. This peaceful spirit carries over to the outside, where the building’s exterior is characterized by clean lines, warm materials and the use of screening. “I’ve always been enamoured with Asian architecture – buildings that have a simple beauty, symmetry and a sense of style that’s eternal,” explains Lanterra Developments’ chairman Mark Mandelbaum. “That’s why we’re looking forward to bringing this incredible design concept to our exceptional new project, which we believe will set a new tone along this beloved old stretch of Toronto’s most famous street.” TeaHouse Condominiums will have a variety of suites to choose from, ranging from efficiently designed bachelor units to spacious three-bedroom layouts. Prices start at $199,900 and go to the mid-$600,000s – quite affordable, considering the building’s prime Yonge Street location. Suites will have 8.5-ft. high ceilings, laminate flooring in the den, living room, dining room, foyers and halls, and ceramic flooring in the laundry area, which comes with a stacked washer and dryer. Kitchens are well-equipped for intimate meals or lavish parties, with granite countertops and designer-series ceramic backsplash; stainless steel sink with single-lever faucet and pullout sprayer; and a fleet of top-of-the-line stainless steel Energy Star appliances. Bathrooms will feature the utmost in luxurious finishes, from the marble tile flooring and marble countertops with raised sink basin, to the five-foot soaker tub or glass-panelled shower with chrome fixtures.

Amenities abound at TeaHouse Condominiums. Those in need of a workout can head to the sixth-floor fitness room. Or if peaceful reflection is more what’s required, take a soak in the four Japanese-style onsen pools, then retire to the pool-side lounge seating, warmed by a fireplace that perfectly augments the atmosphere of calm. There’s just as much going on outside, with the exterior Zen garden offering a serene view, a pool and deck, plus a lounge and barbecue area that are ideal for entertaining. The amenities continue on the seventh floor of TeaHouse Condominiums, including a yoga room, Zen lounge, rock lounge, two home-theatre rooms with kitchenettes, and a board room. A selection of shops and services will dot the ground floor of TeaHouse Condominiums, enlivening the pedestrian experience along Yonge Street and complementing the bounty of existing commercial options in the area. Living up to its name, TeaHouse will have a retail teahouse adjacent to the lobby. Connecting to other parts of the city couldn’t be easier. TeaHouse is a short stroll from both College and Wellesley subway stations, and there are plans for the building to include a future PATH connection. A landmark location, unparalleled design, abundant amenities – all of it

explains why TeaHouse Condominiums is one of Toronto’s most anticipated project launches of the year. “After the success of our other buildings in this area, 11 Wellesley and The Britt – both of which are almost sold out – we are tremendously excited to at long last introduce TeaHouse Condominiums,” says Lanterra Developments President and CEO Barry Fenton. “It’s so rare to have an entire block along Yonge Street to work with, and we can’t wait to bring new life and vibrancy, plus Asian-infused design, to our city’s beloved main street.” For more information, call 416.861.1111 or email info@teahousecondos.com.

MARKETPLACE

HANGING Crystal Globe Chandelier. $100.

A-ROUND

Visit homesense.ca

// BY ELISA KROVBLIT

GLOBE PENDANTS ARE BACK IN A BIG WAY. THAT BEAUTIFUL

curve is easy to ingratiate into any room and any setting. Lighting is a statement piece and a vital part of a room's function, so why not have something extraordinary as this focal point? Globe pendants work at any price point and style. They go from glam to eclectic, and can be ultra-modern or antique. Have some fun with them! Tip: In a smaller space, where hanging a large light fixture on a long chain may not be possible, consider using a series of smaller globes in a row. It's a great look over a kitchen island.

PS Maskros Pendant Lamp. $99. Visit ikea.ca

Crystal Cage 5-Light Chandelier. $1,245. Visit elte.com

48 NEW CONDO GUIDE NOVEMBER 8 - 22, 2014

MOVE-IN SPRING 2015

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NOVEMBER 8 - 22, 2014 NEW CONDO GUIDE 49

I BUILD PARTNERSHIPS. “BILD’s timely communications regarding government issues and their seminars and networking opportunities result in our company getting 10 times more from our membership than the volunteer time we spend at BILD. We prefer to work with members so I always ask potential suppliers “are you a member of BILD?”

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I AM

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

NOVEMBER 8 - 22, 2014 NEW CONDO GUIDE 51

FUNDAMENTALLY SPEAKING

// BY WAYNE KARL

tips BUYING YOUR Four to help guide FIRST HOME? your decision

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

transportation, shopping, schools and other amenities is among the key determinants that affect your property’s appeal, and ultimately its value. After all, those are the qualities potential buyers look for when searching for a home. The more of them your place has when you go to sell, the more attractive it will be to a greater number of people. While experts suggest you take a long-term view when buying a home, it’s also important to not look too far down the road. Let’s be honest, your first home may not be your dream home, and your needs and desires are sure to change through the various stages of home ownership. So, while the answers to the above questions are specific to your circumstances, there are also some common guidelines you can follow. 1 How much can you afford? Experts agree it is never a good idea to make

yourself house-poor, and it is a very common mistake, particularly of first-time buyers, to buy more home than they can really afford. Meeting with a mortgage broker or your banker will help determine your full financial picture, assessing everything from your credit rating to how much you have saved for a down payment. Experts also suggest you “stress-test” your plan to see how well you could cope with higher mortgage payments brought on by rising interest rates. 2 How much will it really cost? Another common mistake is not being prepared for all the closing costs involved: lawyer fees, land transfer taxes, utilities, insurance, and moving expenses. All of these costs add up, and ultimately should factor into your overall home-buying budget.

hen you’re buying your first home, you are sure to be filled with many important questions. How much can you afford? How much will it all cost? Where do you really want to live, and can you afford the area? And, finally, what type of home do you want? The answers are very individual, and depend on your situation, from the amount of your down payment to where you work to whether you have kids, among other considerations. For your enjoyment while you live in your home, as well as for future resale potential, proximity to

52 NEW CONDO GUIDE NOVEMBER 8 - 22, 2014

3 Where do you want to live? This question is becoming more important for a number of reasons, though influenced primarily by where you work, how much of a commute you want, and whether your transportation options include mass transit or only driving. Indeed, especially with gas prices on the rise, proximity to mass transit is something more and more people are looking for in their new home location. It may not be as simple as choosing to live in the city, suburbs or a small town. 4 What type of home do you want? Once you have determined your options for

cost and location, you can then assess what types of homes are available in your price range and desired neighbourhood: condos, townhomes, semi-detached or single-family?

So many questions, so many choices. The good news is, home builders today are in sync with customer preferences for location and amenities. Your options for new-home products have never been better.

NOVEMBER 8 - 22, 2014 NEW CONDO GUIDE 53

CONDO PROFILE

Resort-style living along Toronto’s new blue edge:

TRIDEL LAUNCHES AQUAVISTA AT BAYSIDE

on downtown’s eastern waterfront

magine waking each morning to spectacular, unimpeded views of Lake Ontario and enjoying a resort-style lifestyle in one of Toronto’s most exciting emerging neighbourhoods. Aquavista at Bayside, a condominium developed by international real estate firm Hines and leading GTA condo builder Tridel, brings together stunning architecture, outstanding amenities and a prime waterfront location. Internationally acclaimed firm Arquitectonica has designed landmark buildings in some of the world’s most iconic waterfront cities including Singapore, Hong Kong, Monaco and Miami, and was selected to bring its creative vision to the Bayside Toronto community.

54 NEW CONDO GUIDE NOVEMBER 8 - 22, 2014

The result is a distinctive, modern 12-storey sculptural building with an undulating façade that offers optimal water views from the majority of its suites and perfectly complements its lake-front location. “Everyone who lives near the waterfront, whether it’s in Toronto or any other large city around the world, desires a view of the water,” explains architect Bernardo Fort-Brescia, founder of Arquitectonica, headquartered in Miami. “That intertwining of water and land is usually geographically a very special moment.” His firm also designed Aqualina, the first condominium in Bayside Toronto – a 13-acre mixed-use development. More than 90 per cent of the suites in Aqualina have sold and it was honoured earlier this year with a Building Industry and Land Development Association (BILD) award for Best High-Rise Building Design. Aquavista’s design is quite different from the first building. On three sides, it will reflect the urban vibe of the city around it. From the water, it will curve like a cove organically eroded by waves. Stepped terraces and balconies will be angled so that most of the 231 suites will have lake views – and those views will provide “the greatest backyard anyone could dream of,” says Fort-Brescia. Pedestrian-friendly streetscapes and walking areas along Merchants’ Wharf, animated by retail shops, restaurants, cafes, patios and other

“ That intertwining of water and land is usually geographically a very special moment” amenities will add vibrancy and convenience at street level. Residents can also enjoy optimum water views from the spectacular second-floor Aquavista Club Amenity Terrace, designed to provide unobstructed sightlines of Lake Ontario. The lush landscaped setting will feature a stunning infinity pool with sun deck, fire pits, and lounging and conversation areas with shading canopies. Other lifestyle-enhancing amenities designed by II BY IV Design, include a party room with bar, private dining room, theatre room, indoor and outdoor lounges, and state-of-the-art fitness centre with yoga and spinning studios. Suites will be outfitted with quality features and finishes, ranging in size from 462 to 3,771 sq. ft., and priced from the mid$300,000s to $3 million plus. Floor plans comprise of one-bedroom and two-bedroom suites, with or without dens, as well as signature and penthouse suites including two-level options. Aquavista residents will be part of one of the seven most sophisticated ‘intelligent’ communities in the world. The new waterfront neighbourhoods will be served by Beanfield Metroconnect 100 per cent fibre-to-the-home technology. As well as the fastest and most economical Internet service in the city, the network will provide neighbourhood-wide Wi-Fi, IPTV (TV service delivered through the

Internet) and a community portal, NewBlueEdge.ca. The network will be the first of its kind in Canada. The Bayside Toronto community is designed to conform to Waterfront Toronto’s Minimum Green Building Requirements (MGBR) as a Leadership in Energy and Environmental Design (LEED) Gold Neighbourhood, and Aquavista will pursue LEED Platinum certification – the highest possible rating within the LEED certification system, ensuring that homeowners benefit from reduced energy use and costs as well as superior comfort. The Aquavista at Bayside presentation centre is located at 261 Queen Quay E., and is open from 11 a.m. to 7 p.m. Monday to Friday; and noon to 6 p.m. on weekends. Call 416.514.2710, email aquavista@tridel.com or visit tridel.com.

NOVEMBER 8 - 22, 2014 NEW CONDO GUIDE 55

IN THE NEWS

More mixed-use projects, please!

DEMOGRAPHICS DRIVING DEVELOPMENT // BY LYDIA MCNUTT

CANADIAN HOMEBUYERS ARE FORGOING THE LARGER LOTS and extra bedrooms of the ‘burbs in favour of urban conveniences close to home, according to a recent report titled Emerging Trends in Real Estate 2015 conducted by PwC and Urban Land Institute (ULI). Urbanization is no longer a growing trend, but rather the “new normal.” Hot on the heels of these city-bound homebuyers are developers who are keen to meet buyer demand and add value to their properties by exploring new mixed-use developments like condos and rental apartments which combine residential and commercial opportunities. “In the Canadian market, the bidding on prime properties can be quite competitive. In response to this competition, the market has become very creative in finding ways to enhance value. The convergence of residential and commercial development is a way to illustrate this value,” says Frank Magliocco, national leader, Canadian Real Estate, PwC. “Residential developers have started to add retail and other services such as health care and education in a bid to attract buyers. Likewise, commercial developers are including residential components to their office and retail projects.” Canadian real estate at a glance: The best places to be in 2015 Calgary and Edmonton have been named Canada’s top real estate markets, scoring well for investment, development and housing. Toronto came in third, with continuing migration by residents and retailers to the city core, and an already strong condo market further solidified by a lack of affordable housing. Following closely in fourth, Vancouver is expected to lead in growth in 2015, with steady foreign investment pouring into its robust housing sector. Montreal’s stable market is expected to remain so in 2015, with a drop in the 56 NEW CONDO GUIDE NOVEMBER 8 - 22, 2014

condo market as it continues to absorb inventory. “Meanwhile, the city is keen to attract high-end retailers via Rue Ste. Catherine, where experts foresee the avenue being transformed over the next five years,” according to the report. While in Winnipeg, a drop in home sales has raised concerns around overbuilding impacting the city’s finances. “The real estate industry of Canada’s large urban centres continues to be an engine of stable economic growth for the country. It has proven itself to be a low-risk business environment for developers and investors,” says Richard Joy, Executive Director, ULI Toronto. “This is especially true in western Canada. The market shift toward urban cores and transit-supportive communities is a unique opportunity to maximize the value of new public infrastructure investment in major cities across the country.”

the art of change

Every once in a while, something comes along that makes you rethink all your expectations. Welcome to the Art Shoppe* lofts and condos on Yonge at Eglinton. This changes everything.

Be part of the transformation Coming soon

*Registered trademark of Art Shoppe Limited. 2292446 Ontario Limited is an authorized licensee of such trademark.

NOVEMBER 8 - 22, 2014 NEW CONDO GUIDE 57

This Holiday Shop Handmade

Image: Meghan Balogh/Napanee Guide

Assorted farm fresh goatâ€™s milk soap bars $4 each ($10 for 3) by Livia Simpson, Liv Simple Farms ENTERPRISE, ON BOOTH F14 FULL SHOW

58 NEW CONDO GUIDE NOVEMBER 8 - 22, 2014

UNCOMPROMISING. UNPARALLELED. UNDENIABLY TORONTO’S MOST ICONIC ADDRESS.

PRESENTATION GALLERY NOW OPEN.

The Residences of 488 University Avenue is a trademark of Amexon Development Corporation

A Commitment to Excellence

488university.com NOVEMBER 8 - 22, 2014 NEW CONDO GUIDE 59

ENTERTAINING

Jillian Harris Canada’s “it” girl // BY SARA DUCK PHOTO BY KAROLINA TUREK PHOTOGRAPHY AT A RECENT EVENT PROMOTING LG’S NEW DOOR-IN-DOOR refrigerator, designer, blogger and TV star Jillian Harris shares some of her inspiring entertaining tips – causing a serious fangirl moment along the way. CONTINUED ON PAGE 62…

060 NEW CONDO GUIDE NOVEMBER 8 - 22, 2014

PREVIEW OPENING CONTINUES...

ELEVATE LIVING. Sleek design that heightens the senses and lifts the spirit. Beautifully appointed residences with luxe finishes and fantastic views. A glamorous centre-of-it-all location with access to North York Centre Subway Station, chic shopping, entertainment, dining and more. Raise the bar on luxury and style. Beacon. It’s calling you. From the high $200’s 5200 YONGE ST

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incentives available for a limited time

North York City Centre Mel Lastman Square

Mitchell Field Park

Empress Ave Willowdale Park

beacon presentation centre at 5200 yonge street Sat & sun 12-6 Mon-thurs 1-7 beaconcondos.ca 416.226.5200

Sheppard Avenue Hwy 401 E X C L U S I V E L I S T I N G B R O K E R A G E : I N 2 I T I O N R E A LT Y

NOVEMBER 8 - 22, 2014 NEW CONDO GUIDE 61

ENTERTAINING

CONTINUED…

Below: 29.6 Cu. Ft. Super Capacity 3-Door Refrigerator with Door-in-Door. Visit lg.com

Tell us about your partnership with LG. Jillian Harris: LG approached me about six months ago to be the ambassador for its new Door-in-Door refrigerator. Given my love of design, food and entertaining, it was the perfect fit. The fridge is amazing for entertaining – a beverage centre, where guests can help themselves! When it comes to kitchen essentials, what is your favourite item? JH: For a bit of luxury, I would say a wine fridge. I pretty much bought my house because it came with one. I also think a great big kitchen island is so important for everyday cooking, as well as entertaining. Describe your dream kitchen. JH: All white with some gritty elements, such as exposed beam, an industrial chandelier, large windows and open shelving. Oh, and a few French baguettes in a basket on the counter! If you could cook with anyone, who would it be? JH: My grandmother, she is my muse. We cook together all the time, and she is so inspiring. You love to entertain and throw beautiful, inspiring parties. What are your top entertaining tips? 1. Make food ahead of time – it is a huge sanity saver. 2. Use rental companies for tables, chairs, glassware, utensils and linens – it is a lot less expensive than people realize. 3. Be present in the moment – I can spend so much time preparing and hosting the party, that sometimes I forget to enjoy it. Do your hosting, and then be resolved to enjoy yourself, too! Where do you look for inspiration when planning a party? JH: My cousin Tori’s blog, fraichenutrition.com. She’s a dietitian and an incredible cook. She inspires me with her Euro-rustic approach to food, which I love. And, in terms of decor, I look to Monika Hibbs. She has beautiful style. 062 NEW CONDO GUIDE NOVEMBER 8 - 22, 2014

What do you love most about entertaining? JH: I love to treat people. I love having guests come over and serving them the best food I can make, putting on the best party I can. I want people to leave having had a really great time. That makes me really happy. How can you use existing decor to make a party hosted at home comfortable and stylish? JH: Using your kitchen island as a serving station or buffet is a great idea. Bring your indoor furniture outdoors, and create an interesting set-up to stage your food (weather permitting, of course!). What are the top entertaining trends this season? JH: For decor, an all-white palette is still big this year, but mixed with rustic elements and metals, such as serving food on an antique cutting board. And for food, the ‘mini’ trend (think one-bite apps) is still going strong! You are known for your fabulous sense of style. How do you like to dress when you entertain? JH: When I throw parties, I usually pick a theme and get everyone to dress accordingly, which makes for great, fun photos.

Chilled Caprese Tomato Bites

This ideal finger food is a no-cook, little-prep, handmade crowd pleaser created by Jillian Harris and inspired by the LG Door-in-Door Refrigerator. The tomato gives a farm-fresh feel, while the creamed mozzarella adds a rich taste. Ingredients: • 1 pint cherry tomatoes, halved • 3 tbsp. heavy whipping cream • 1/2 pound fresh mozzarella cheese, sliced • 6 fresh basil leaves • 1 garlic clove, minced Directions: • Scoop out and discard the pulp of cherry tomatoes. • Invert tomatoes onto paper towels to drain, and insert skewer. • In a food processor, combine the cream, mozzarella cheese, basil and garlic; cover and process until blended. • Cut a small hole in the corner of a pastry bag or heavy-duty resealable plastic bag and pipe the cheese mixture into tomato halves.

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

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

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IN THE NEWS

Toronto continues to be among the top

MARKETS IN THE COUNTRY

WHILE HOUSING MARKETS ACROSS THE COUNTRY SIMMER TO SOME DEGREE,

that’s not the case in Calgary, Toronto and Vancouver where prices are rising sharply, according to a new report from BMO Economics. The report shows that strong demand and lean listings in the “Hot-3” markets have sent prices soaring, while most other regions have cooled. Prices are flat in Montreal and Ottawa, and falling in Saguenay and Saint John. A few western cities have also caught a chill, including Regina (where prices have dropped -2.4 per cent year-over-year) and Victoria (-9 per cent since 2010). According to Sal Guatieri, senior economist, BMO Capital Markets, reasons behind the nationwide cool-down are clear. “The housing boom that began early last decade effectively ended with the 2008 recession and several turns of the mortgage-access screws,” says Guatieri. “Despite reasonable valuations, most regions won’t regain their former pep, as interest rates are likely to climb next year.” However, more puzzling are the rapid price gains in Calgary and Toronto, and the quick recovery in Vancouver. The report notes five factors driving activity in the three cities:

Strong population growth: The combined population of the Hot-3 has risen twice as fast as other regions for the past decade – a cumulative 23 per cent versus 11 per cent.  The youth movement: When baby boomers flocked to Toronto in the late

1980s, sales and prices bolted skyward. Today, their older children are one of the fastest growing age groups. The prime homebuying cohort of 30 to 39 year olds is outpacing the general population (1.8 per cent versus 1.1 per cent).

Solid job growth is a mainstay: While Calgary’s blistering pace has moderated due to lower energy prices, it’s still running faster than two per cent year-over-year, and Vancouver’s rate has sped up to above three per cent. Toronto’s employment weakened recently, but only after growing two per cent in the spring and four per cent last year. Elsewhere, job growth is running at a more pedestrian 1.1 per cent pace.  Record-low mortgage rates: The typical family in Vancouver would need to spend a whopping 62 per cent of income on mortgage payments to buy a bungalow, and this jumps to 75 per cent if rates were two percentage points higher. In Toronto, it would take 42 per cent of income currently, moving up to 50 per cent if rates were to rise two percentage points. While Calgary is still affordable, with mortgage costs on a benchmark home requiring 23 per cent of income, this won’t last if prices continue to leapfrog income.  64 NEW CONDO GUIDE NOVEMBER 8 - 22, 2014

Foreign wealth: Anecdotes from builders and realtors suggest foreign wealth is a significant factor in a number of high-end neighbourhoods in Vancouver and, to a lesser extent, Toronto.  The report also states that worsening affordability means that all three of these markets will cool when borrowing costs eventually increase. “Pricey Vancouver and Toronto are likely to face moderate price declines, while still-affordable Calgary could get off more lightly,” says Guatieri. He adds that raising borrowing costs or restricting mortgage access would act to cool these three hot markets, but such actions would also risk freezing demand in other parts of the country where the boom ended years ago. Laura Parsons, mortgage expert, BMO Bank of Montreal, notes that especially as conditions change, it’s important Canadians stress-test their mortgage and housing costs against a higher interest rate. “Gauging the stability of your mortgage by stress testing it against a higher interest rate is key to making a responsible and informed home buying decision,” says Parsons. “Many mortgage holders and potential buyers, especially in larger cities, need to evaluate different circumstances, and the likelihood of being able to afford their purchase long term.” Parsons adds that those looking to buy in today’s market should consider speaking with a mortgage specialist who can help them establish a plan to ensure long-term affordability.

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Mon-Wed: 12-6pm, Thurs: 3-8pm, Sat-Sun 12-5pm

NOVEMBER 8 - 22, 2014 NEW CONDO GUIDE 65

MAKE YOUR MOVE

// BY CHUCK RESNICK

PACKING UP FOR THE MOVE:

Breaking down the process

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

oving homes can feel like an overwhelming task, with packing up all your belongings being the first major challenge. With a few deep breaths and these packing tips, though, you can conquer the move without losing your mind. Before packing You want to

reserve your movers or moving company at least eight weeks prior to your move during busy periods to guarantee availability on moving day. Once you have your movers selected, you can start to pack up your belongings in anticipation of their arrival. Some moving companies will even pack for you, simplifying and streamlining the moving process.

66 NEW CONDO GUIDE NOVEMBER 8 - 22, 2014

Start packing Once you have determined your moving date, start packing.

Box up belongings that you don’t use often and store them somewhere out of the way. Storage areas are usually good places to start because they are not high-traffic areas. If you have kitchen supplies, occasional dishware like fine china, or small appliances that go unused on a daily basis, carefully pack them away a few weeks before the move. Make sure to use packing paper or bubble wrap to protect fragile belongings – newsprint from newspapers used to wrap items can be messy to clean up. Keep a record of what goes into which box so you can find what you need instantly when it comes time to unpack.

Keep packing If you stand back and look at everything you need to pack,

you’ll just be overwhelmed. Just start packing. If you start early enough, you can break up the packing process into a more gradual and less stressful experience. Save the items that you use daily to pack last and make sure to label each box. Avoid packing items from different rooms in the same box to prevent confusion when unpacking.

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STEPS FROM HIGH PARK, the final phase of this master planned community in Roncesvalles Village comprises of only 95 residences. Plus, imagine cooking with gas in your suite. This is a pleasant surprise – and a dream come true for foodies, chefs and lovers of all things grilled. Gas hook-ups are also standard on oversized terraces and take living outdoors to another level. LIVE WELL.

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Roncesvalles Ave

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Howard Park

Rendering’s is an artist’s impression. Specifications are subject to change without notice. E.&O.E.

NOVEMBER 8 - 22, 2014 NEW CONDO GUIDE 67

PURCHASER PROFILE

Television industry couple chooses HOWARD PARK CONDOMINIUMS as their new home

MONICA COTE AND HER HUSBAND ALLAN SCHWARTZENBERGER have a new baby and a new home!

The first-time buyer couple purchased a suite at Triumph Developments’ Roncesvalles Village Howard Park community at Howard Park and Roncesvalles Avenues in Toronto. Both self-employed professionals in the television industry, they work out of an office in the Junction Triangle just to the north, so Howard Park Condominiums is the perfect location. “We’re in the Roncesvalles neighbourhood often,” says producer and editor Allan. “We had driven by the community several times, and one day, we decided to go in. We really liked what we saw.” Monica, who works as a production manager, was also sold on the community. “We really wanted a kid-friendly neighbourhood close to good schools. In fact, Howard Park is only a block from a school with French Immersion, which is great. It’s also close to the

68 NEW CONDO GUIDE NOVEMBER 8 - 22, 2014

subway and Roncesvalles Village, which we love.” If it seems like an impulse buy, it wasn’t. Allan explains, “We had looked at real estate for years. This was the first time we were able to check off all our must-have boxes.” Monica says that among these was having an outdoor space with their 974-sq.-ft. two-bedroom suite. “We will have a beautiful, big 204-sq.-ft. terrace where we can do some container gardening. And of course, single-level living means we won’t have to worry about baby gates.” She adds that they wanted something in an intimate building rather than a massive tower.

Howard Park Condominiums includes two eightstorey residences, the first of which is sold out and under construction. Allan and Monica also like the exterior by RAW Design architects and Ferris + Associates landscapers, which includes remarkable natural components such as special treatments that will allow vines to grow up the sides. Heating and cooling comes via Tier 2 Geothermal heating. “We’re both environmentally conscious, and we figure why not take steps to lessen the carbon footprint of the buildings? The vines will introduce more plants, which will produce more oxygen and a cleaner environment.” Allan points out that the condominium will fit in nicely with its surroundings. “This is such a great neighbourhood,” he says, “but a detached home here is out of our financial reach right now. This way, we can enter home ownership in a suite that we know will appreciate in value over time.” They both appreciate the suite’s open-concept design. “The layout is very functional,” he says, “and we like the fact that we can access the terrace from the main living area. Also, our kitchen will have natural gas, which is amazing. We’re both foodies, and Monica’s best friend is a chef. We cook a lot, and we also like to eat out.” Dining out will be a breeze in this area, where there are so many amenities close by that the condominium’s address has a Walkscore of 98 out of 100. “We will be able to walk to the subway, to get groceries, stroll through High Park and so much more,” Monica says. “In fact, I’d say that location is the number-one reason we chose to buy here.” Luxurious appointments include nine-ft. ceiling heights

(10 ft. on the eighth floor), engineered hardwood flooring, and high-tech kitchens complete with natural gas. Amenities range from the European-inspired courtyard between the buildings to concierge service, a fitness area and party room. Howard Park will also feature retail venues on the ground floor. The 96 suites at Howard Park 2 are available in one-bedroom, one-bedroom-plus-den, twobedroom and two-bedroom-plusden designs, plus a limited collection of two-storey townhomes. Prices start from the low $300,000s. Triumph Developments is a well-respected firm known for quality building and attentive customer service for more than 25 years. The presentation centre is located at 60 Howard Park Ave., between Roncesvalles Avenue and Dundas Street West. Hours are Monday to Thursday from noon to 6 p.m.; Saturday and Sunday noon to 5 p.m. Visit howardpark.ca, email info@howardpark.ca or call 416.873.0989.

NOVEMBER 8 - 22, 2014 NEW CONDO GUIDE 69

HOMEBUYERS’ HELP

HOME-HUNTING TIPS for couples

MANY HAPPY COUPLES WILL ADMIT

they are an example of opposites attracting. When these couples decide to buy a home together, their differences can certainly pose a challenge. Buying a home is exciting but the process can also be stressful. It is the biggest purchase most people will ever make and there will almost certainly be some conflict when two people need to make such an important decision together. Once a couple understands the house-hunting process, however, they can have informed discussions, come to compromises and ease some of the stress. Farhaneh Haque, director of mortgage advice at TD Canada Trust, outlines the topics that every couple needs to discuss before they start home-hunting: » The skeletons in the closet: When

a couple takes out a mortgage together, both of their credit ratings, incomes, and other factors are taken into account. If one person’s credit

If one person’s credit rating is less than ideal, it can affect their joint mortgage application and even the interest rate or type of mortgage they’ll qualify for together. Couples should have an open and honest discussion about finances to decide on their best course of action. 70 NEW CONDO GUIDE NOVEMBER 8 - 22, 2014

rating is less than ideal, it can affect their joint mortgage application and even the interest rate or type of mortgage they’ll qualify for together. Couples should have an open and honest discussion about finances to decide on their best course of action. » The expectations: Before they even look at a listing,

couples should decide together on their price range based on what they can afford and what features they’re looking for in a home. The home-buying process may move quickly and both parties need to be ready to jump in with both feet when they start searching.

» The mortgage: The decisions don’t end with choosing

the right neighbourhood and home features. Deciding on the right mortgage is just as important as choosing the right home. Since a mortgage becomes as much a part of a couple’s life as their new home, it’s important that both are comfortable with the mortgage term, interest rate, repayment schedule and other features.

“Some sacrifices will have to be made to find the home and mortgage you will both be happy with,” says Haque. “Having the discussions and coming to these compromises before you’ve entered the pressure-cooker of the home-hunt will make a big difference and likely make the home-hunting journey a much more positive experience for you both.” More information to help you prepare for the home-hunt is available online at tdcanadatrust.com.

072 NEW CONDO GUIDE NOVEMBER 8 - 22, 2014

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Marketed by International Home Marketing Group. Prices and specifications are subject to change without notice. Rendering is artist’s concept only. E. & O.E. Brokers protected.

INSIDER INSIGHT

// BY DAVID KLUGSBERG

Awards mean

REWARDS C David Klugsberg is president and CEO of L.A. Inc., one of North America’s leading real estate branding and marketing firms. David can be reached by calling 416.304.9660 or by emailing david@la-ads.com

onsidering buying a home from an award-winning builder? Here’s why awards are important. Sure, winning is a huge ego trip for developers and the architects, interior designers and marketing people they hire to bring their product, either highrise or lowrise, to the customer. Sure, peer recognition is important too, but think, for a moment, about what winning awards from highly respected associations like the Building Industry and Land Development Association and the Ontario and Canadian Home Builders’ Associations means to people who are buying a new home. Builders enter only their very best projects into these competitions – the ones which they sweat over every little detail of design, construction and quality. The projects they enter are simply the best of the best. These projects are then scrutinized by a panel of experts. Sometimes, the judges are well-respected international builders and marketing people who put everything about the project under a microscope to determine who the finalists, and the eventual winner, will be. Every project that makes it to the finalist round is a winner, not only for the people involved in its development, but also for the homebuyer who has the assurance that the people who got this far in the competition put their hearts and souls into making it right. And, frankly, wouldn’t you love to live in a home in which the builder has put so much effort and pride?

If you purchase a “Project of the Year” home, it’s the best. It not only enhances your pride of ownership and gives you bragging rights, it may even be advantageous when you’re ready to sell. Then, of course, there’s the winner. If you purchase a “Project of the Year” home, it’s the best. It not only enhances your pride of ownership and gives you bragging rights, it may even be advantageous when you’re ready to sell. After all, wouldn’t it be nice to say “2014 Project of the Year” or “2014 Project of the Year Finalist” on your listing agreement? In my opinion, awards mean rewards – not only for builders and their teams, but also for people who buy in award-winning developments. It really is a win-win. Awards season is just around the corner, stay tuned for the results.

74 NEW CONDO GUIDE NOVEMBER 8 - 22, 2014

THE TIME IS NOW

CONSTRUCTION IS UNDERWAY

THE TIME TO BUY IS NOW A great selection of designer suites are still available. This is your last chance for pre-construction pricing. VISIT OUR PRESENTATION CENTRE FOR MORE DETAILS AND TO LEARN ABOUT OUR LIVE FREE BE FREE INCENTIVE.

DEVELOPER

EXCLUSIVE BROKERAGE

LIFEATPARKSIDE.COM | 905 273 9333 465 BURNHAMTHORPE RD. W. MISSISSAUGA, ON PRICES & SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. RENDERINGS ARE ARTIST’S CONCEPT – E.&O.E.

CONDO PROFILE

The time is now!

CONSTRUCTION IS UNDERWAY AT PSV & PSV2

he time to buy at PSV and PSV2 is now! After one of the most successful launches in the history of highrises in Mississauga, only a selection of suites remains at one of Mississauga’s most talked about projects.

Mississauga skyline with its sharp lines, sculptural concrete design and modern glass exterior. “PSV was inspired by a modern gallery. The people who live and play in these spaces are the life, the colour, and the spirit of PSV. We have simply created the canvas against which this all unfolds,” says Stephanie Butler, director of marketing and sales for Amacon.

A POSH STATE OF MIND

STYLE UNLIKE ANY OTHER

Perfectly positioned on the northwest corner of Burnhamthorpe Road West and Confederation Parkway, PSV (48-storey tower) and PSV2 (42-storey tower) will add an artistic flair to the

PSV and PSV2 welcome you with a lobby that is both spacious and impressively appointed. Stunning features and first-class amenities are accentuated throughout PSV and PSV2 to provide a showcase of design. Designed by award-winning interior designers UNION31, PSV and

76 NEW CONDO GUIDE NOVEMBER 8 - 22, 2014

PSV2 showcase an architectural envelope defined by rectilinear lines and a contrasting palette of warm whites and ebony black. Features and finishes are also noteworthy, with standards that include: custom-designed contemporary kitchen cabinetry, stainless steel appliances, square-edged quartz countertops, pull-down spray-head kitchen faucet, undermount kitchen sink, wide plank engineered hardwood flooring and rain-styled showerhead – just to name a few. Come home to style unlike any other at PSV and PSV2. PSV and PSV2 offer first-class amenities inside and out, with 30,000 sq. ft. of recreation, relaxation and revitalization space, including outdoor volleyball courts, indoor/outdoor kids’ play areas, fitness gallery, pooch patio, indoor pool, tranquility lawn, barbecue and lounge area, and party room. FEEL THE VIBE

PSV and PSV2 are truly at the centre of it all. Not only are they centrally located near some of the best amenities that Mississauga has to offer including The Living Arts Centre, Square One, and the Whole Foods Market, but it’s also a gateway to an energetic life within Parkside Village. Upon completion, Parkside Village will feature approximately 6,000 highrise, midrise and townhouse units in an 11-block pedestrian-oriented development with retail and public spaces to encourage vibrant street life and social hubs. Debbie Cosic, CEO of In2ition Realty says, “Amacon and our In2ition Team have brought a dramatic new look and vibe to Parkside Village with the new PSV development. This has been the most highly anticipated building in our community!” THE TIME TO BUY IS NOW

A great selection of designer suites are still available. This is your last chance for pre-construction pricing. Prices start from the mid-$200’s. Discover how you can redefine your life by visiting the presentation centre at 465 Burnhamthorpe Rd. W., Mississauga or by calling 905.273.9333. Visit online at LifeAtParkside.com. Follow Parkside Village on Twitter @ParksideVillage, on Facebook /ParksideVillage, and on Instagram: parksidevillage. You can also follow Amacon on Twitter @AmaconLiveWell, on Facebook /Amacon and on Instagram: amaconlivewell. NOVEMBER 8 - 22, 2014 NEW CONDO GUIDE 77

MORTGAGE MINUTE

// BY PETER KINCH

Making sense of

Peter is founder of the Peter Kinch Mortgage Team and the PK-Approved group of Dominion Lending Centres mortgage brokers across Canada, and he is co-owner of Pacific Bridge Mortgage Investment Corp. Feel free to forward any questions directly to Peter at pkinch@peterkinch.com

MORTGAGE TERMS

everything and make a choice in five minutes on the biggest-ticket item you’re likely to ever commit to. So, what are the terms and what do they mean? The two basic mortgage options are “fixed” and “variable.” A fixed-rate mortgage involves a specific interest rate over a fixed period of time, such as a one-, three- or five-year term. “Fixed” (also known as “long-term”) mortgages can have terms as long as 15 years. Generally speaking, the longer the term, the higher the rate. The idea is that you’re willing to pay a slightly higher rate today to have the security of knowing that the interest rate on your mortgage won’t change over the course of your term. For this reason, many first-time homebuyers or those on fixed incomes choose a five-year

n a recent discussion with a client, the question of “fixed” versus “variable” mortgages came up. She wanted to go with an “open variable” rate mortgage, which surprised me because they are often more expensive. When I asked why she wanted to pay more for the option of having her mortgage “open,” she replied, “Well, aren’t all variable-rate mortgages ‘open’?” I realized then that what was obvious to me isn’t necessarily so to everyone else. How many Canadians make the same mistake and end up paying a premium for a feature they’ll never take advantage of? Most Canadians are not mortgage experts, and the various terms that bankers and brokers throw around can be confusing. Fixed, open, closed, variable – as if you’re supposed to understand 78 NEW CONDO GUIDE NOVEMBER 8 - 22, 2014

CONTINUED ON PAGE 80…

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MORTGAGE MINUTE

CONTINUED…

term to have the comfort of knowing exactly what their mortgage payments will be for the next five years. In exchange, they forego a potentially cheaper mortgage with less security. These long-term mortgages are “closed,” meaning you have a contractual obligation to the lender, and there will be a penalty to get out of this mortgage should you want to break your contract in the future. The alternative to taking a fixed rate would be the “variable-rate” mortgage. These are products that base their pricing off the bank prime rate. Most lenders today offer a discount off prime of roughly half of one per cent. Since the prime rate is typically lower than the prevailing five-year fixed rate, a variable-rate mortgage is almost always less expensive than a five-year fixed rate to start. Why wouldn’t someone take the cheaper variable-rate mortgage? Well, the reason it’s called a “variable rate” is because the rate will float with the Bank of Canada prime rate. If the prime rate goes up, so too does your mortgage. Rather than losing sleep over the prospect of their largest debt item fluctuating at the mercy of the market, many people prefer to lock in. A significant benefit of a variable-rate mortgage, however, is that you can convert it to a fixed rate (meaning, lock it in) at any time with no penalty or cost.

How many Canadians make the same mistake and end up paying a premium for a feature they’ll never take advantage of? The bottom line: never pay a premium for a benefit you’ll likely never use. 80 NEW CONDO GUIDE NOVEMBER 8 - 22, 2014

For this reason, variable-rate mortgages have been gaining in popularity. However, most borrowers don’t realize there are two different types of variable-rate mortgages – “open” and “closed.” An “open variable-rate” mortgage will allow you to break the contract at any time (either pay the mortgage out or switch to a different lender) with no penalty – thus it is called “open.” The “closed variable-rate” mortgage will typically have a three- or five-year term and cannot be paid out prior to the end of the term without triggering a penalty – typically three months’ interest. Many new borrowers will gravitate to the idea that they want the freedom and flexibility to be able to pay out their mortgage early, or they misunderstand that the term “variable” is by definition an “open” mortgage, when in fact, it can be open or closed. This is an important distinction because the two mortgage options are priced very differently. An “open variable” mortgage is typically prime plus one per cent, whereas a “closed variable” mortgage is typically prime minus 0.5 per cent. That’s a difference of 1.5 per cent – a significant amount. And when asked why they want to have an “open” mortgage, most clients are not really sure – they have simply confused the terms or are unaware that even if you move before your term is up, you can usually move or “port” your mortgage to your new house. The bottom line: never pay a premium for a benefit you’ll likely never use.

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EVENT

ONE OF A KIND CHRISTMAS SHOW & SALE CELEBRATES 40TH ANNIVERSARY Putting a thumbprint on Canadian-made to support the local maker IN ITS 40TH EDITION, THE ONE OF A KIND CHRISTMAS SHOW & SALE

continues to be a flagship destination for Canadian handmade items – giving a nod to its humble beginnings that started from a simple idea to bring the maker and buyer together during the holiday season. For many Canadians, the Christmas Show is a long-standing, shopping tradition offering one-of-a-kind gifts from chic statement necklaces to cool leather bowties to distinctly flavoured lavender shortbread cookies to hand-printed festive cards. And for many artisans and designers, the One of a Kind Show & Sale has been credited for being a turning point in their careers. They see the show as an authority within the handmade community and they embrace the opportunity to expose their beautiful creations to an audience of over 140,000 people. “The One of a Kind Show is curated by a passionate team that searches the nation from big cities to small towns for the best-of-the-best and the next generation of talent,” says Patti Stewart, show director. “We’ve been doing this for 40 years now, so our visitors look to us as the place to discover a wide selection of quality craftsmanship and well-designed goods that are made in Canada. Our longevity means a lot to our artisans as well since they establish a loyal following year after year and create new customer relationships.” Since inception, the One of a Kind Show & Sale has grown to become a bi-annual event (Christmas and Spring) with artisans and designers from across the country descending on Toronto to offer an array of items from a wide range of categories such as home decor, artisanal food, fashion, jewelry, natural beauty products, toys and visual art. The show offers a breadth and depth of handmade talents from woodworkers using traditional hand tools to a new breed of makers incorporating laser cutting and 3D printing for their innovative designs. The ongoing popularity of the show is largely due to the “makers movement,” a strong demand for handcrafted goods and a present-day consciousness by the consumer from the hipster to the baby boomer, to know where and who makes the products they buy. With the joy of discovering new items, show-goers have the opportunity to meet the makers and learn the stories and inspirations behind their creations. To celebrate “the handmade” this season, the “art of the craft” will come to life through artisan DIY workshops and demonstrations. 82 NEW CONDO GUIDE NOVEMBER 8 - 22, 2014

Toronto pillow $40 and Toronto Skyline ottoman $265, by Emanuelle Dion & Isabelle Bergeron Foutu Tissu, Montreal, QC

Where:

Direct Energy Centre, Exhibition Place, 100 Princes’ Blvd., Toronto

When:

November 27 - December 7, 2014

Hours:

Weekdays & Saturdays: 10 a.m. to 9 p.m. Sundays: 10 a.m. to 6 p.m. Late night shopping: Thurs., Dec. 4 from 10 a.m. to 11 p.m.

Ticket prices:

Adults $14 (at door); $12 (online) Seniors/Youth (13-17) $7 Children (12& under) free

For more information, visit oneofakindshow.com/toronto.

NOVEMBER 8 - 22, 2014 NEW CONDO GUIDE 83

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€™s why we put you right in the middle of the search process.

Search your favourite neighbourhood

Find out about nearby services and amenities

View new construction projects and register to get the latest info

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

84 NEW CONDO GUIDE NOVEMBER 8 - 22, 2014

PLAZA COMMUNITIES: MOVE IN NOW King West - Building Now Registered 65, 75, 85 East Liberty St., Toronto Sales Office Located at 125 Western Battery Rd. 647.341.1731

PURE PASSION. PURE PLAZA.

ONE OF TORONTO’S TOP CONDOMINIUM BUILDERS WITH OVER 3,200 SALES IN THE LAST THREE YEARS.

The Tower - Building Now Registered 125 Western Battery Rd., Toronto Sales Office Located at 125 Western Battery Rd. 647.341.1731 York Harbour Club - Occupancy Date April 2014 35 Bastion Street & 38 Grand Magazine Street, Toronto Sales Office Located at 125 Western Battery Rd. 647.341.1731

NOW UNDER CONSTRUCTION Ivory on Adelaide - Occupancy Date End of 2014 400 Adelaide St. East, Toronto Sales Office Located at 125 Western Battery Rd. 647.341.1731 EPIC - Occupancy Date January 2015 48 Abell Street, Toronto Sales Office Located at 1151 Queen Street West 416.516.5848 Edge - Occupancy Date August 2014 2-6 Lisgar Street, Toronto Sales Office Located at 1151 Queen Street West 416.516.5848 Musée - Occupancy Date July 2016 Pre-construction Pricing 525 Adelaide Street West, Toronto Sales Office Located at 50 Wellesley St. East 416.862.0888

GRAND OPENING 50 at Wellesley Station - Occupancy Date June 2017 50 Wellesley St. East, Toronto Sales Office Located at 50 Wellesley St. East 416.862.0888 1 Yorkville - Occupancy Date January 2018 1 Yorkville Ave., Toronto Sales Office Located at 162 Cumberland St. Unit 55 416.519.2911

COMING SOON The Met at Vaughan Metropolitan Centre Vaughan across from the NEW TTC Subway Station Adelaide and Widmer Toronto Presentation Centre Hours: Mon–Thurs: 12pm–6pm Fri: Closed Weekends & Holidays: 11am–5pm

Keep updated by following us: Brokers protected. Prices, sizes and specifications subject to change without notice. E.&O.E.

NOW OPEN

IN THE NEWS

NEW HOME SALES AND PRICES

continue strong performance BOTH PRICES AND SALES OF NEW

homes in the GTA continue to be strong performers, while other developments in the building industry are revealing some new trends in certain home categories. The new-home market continues to perform above the 10-year average after three quarters, according to the Building Industry and Land Development Association (BILD). According to RealNet Canada Inc., BILD’s official source for newhome market intelligence, there were 30,143 sales of new homes and condominiums across the region as of Sept. 30 – up 54 per cent from last year and sitting nine per cent above the 10-year average. “This continued increase in newhome sales shows that purchasers remain confident in the market,” says BILD president and CEO Bryan Tuckey. “With the GTA experiencing an annual growth of up to 100,000 people, it is important that the industry builds approximately 35,000 homes each year so that they have a place to live.” SEPTEMBER '14

Highrise sales in September resulted in the third-best on record, while sales of groundrelated homes increased 39 per cent from September 2013. The RealNet New Home Price Index for lowrise housing increased five per cent to $689,611 for a new record high. Meanwhile, the highrise price grew four per cent to $450,014. With the price of new lowrise homes in the GTA approaching $700,000, prospective buyers are increasingly looking at more affordable options. Condos are the obvious choice for many, and the favoured home type for many first-time buyers. Prospective buyers in the GTA may be happy to learn that developers are building more two-bedroom units – a preferred choice. The number of two-bedrooms has climbed to 41 per cent this year, compared to 31 per cent in 2011, according to RealNet. But these condos come at a cost – unit sizes are trending down, while prices continue to rise. Townhomes have also become an increasingly popular home option due to the rising prices of new detached homes in recent years. But prices of towns are expected to rise significantly over the next few years, due to record highs in land acquisition costs. Land prices for medium-density housing hit $2 million per acre in the third quarter, up from about $1.5 million in 2012 and slightly more than $1 million in 2011.

LOWRISE

HIGHRISE

TOTAL

REGION

2012

2013

2014

2012

2013

2014

2012

2013

DURHAM

151

245

200

162

245

218

HALTON

253

161

101

323

262

PEEL

447

300

535

221

525

379

756

739

753

1,088

1,776

747

491

821

TORONTO YORK

385

311

632

362

GTA

1,065

1,133

1,571

1,203

JAN-SEPT

11,600 8,792 13,733

Source: RealNet Canada Inc.

86 NEW CONDO GUIDE NOVEMBER 8 - 22, 2014

1,064 1,733 180

189

2014

1,393 2,262

2,268 2,526 3,833

13,966 10,745 16,410

25,566 19,537 30,143

OWNING IN THE

DOWNTOWN EAST

IS NOW A WALK

IN THE PARK!

NOW UNDER CONSTRUCTION! The newest phase of the award-winning 35-acre Canary District, Canary Park Condos, is just steps from the new 18-acre Corktown Common park, shopping, dining, public transit and more. Home to the CIBC Pan Am / Parapan Am Athletes’ Village.

QUE

ST. RN AVE.

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MONDAY-THURSDAY 12PM-6PM CLOSED FRIDAYS WEEKENDS & HOLIDAYS 12PM-5PM

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VISIT OUR NEW PRESENTATION CENTRE ONSITE 398 FRONT ST. E (FRONT & CHERRY) CANARYDISTRICT.COM OR CALL 416.603.7576

Exclusive Listing: Baker Real Estate Incorporated, brokerage. Brokers Protected. Please speak to a sales representative for more details. Prices and specifications are subject to change without notice E.&O.E.

NOVEMBER 8 - 22, 2014 NEW CONDO GUIDE 87

DESIGNER ADVICE

LIVING

in LAYERS 88 NEW CONDO GUIDE NOVEMBER 8 - 22, 2014

// BY YANIC SIMARD // PHOTO COURTESY OF CB2

When the cool weather comes around, the wardrobe advice is always the same: dress in layers! Well, this practical idea isn’t just smart for outdoors – it works inside your home, too. When you want to warm up the look and feel of your interior environment, follow my guide to layering for warm winter perfection at home.

1 | Layering fabrics isn’t just for furniture. Rugs can look amazing layered too. I love adding a cowhide rug to tie together unusual furniture arrangements or punctuate the centre of a space. A sheepskin-style rug also makes a stylish accent to areas such as the edge of the bed, under a footstool, or even draped over a chair or bar stool for a softer seat. TIP: Layer rugs like crazy to get a patchwork

quilt look that adds huge drama – mix five to seven smaller rugs in one room (check out the CB2 photo on the opposite page for inspiration). Alternately, you can use carpet tiles to fake a large rug under your existing one, and fill in the edges of a room.

2 | Copper, gold and brass bring a classic yet trendy style and warm undertones without feeling like an overly strong colour. If you’re timid (or already invested in silver), start small by layering these metals in with accents such as frames, tableware and lamps. The mix of silver and gold hues creates a subtle Art Deco-inspired vibe, so there’s no reason not to sprinkle one in, while letting the other dominate.

TIP: Bronze tealight votives reflect an extrawarm glow. Line up three, five or seven (odd numbers work best) on a silvery tray or cart for a contrast statement and sparkling mood-lighting. Bronze Rose Tealight Holder (pictured top); Talis Gold Hammered Platter (below). Visit YSSelected.com

NOVEMBER 8 - 22, 2014 NEW CONDO GUIDE 89

3 | Pillows are one of my favourite ways to add style – they can move from living room to bedroom and beyond, and dress a room up, or down. Rather than picking dramatic new colours, grab some neutral but bold patterns that can layer behind your existing favourites for a more filled-in feel. TIP: For my YSS collection, I wanted a dash of liveable safari style, so I tamed a tiger print pillow in a warm tan and winter-white. An animal print like this adds unexpected drama standing alone on your dining chairs, or slinking between the sofa cushions. Safari Tiger Print Crewel Embroidered Square Cushion. Visit YSSelected.com

4 | Lush textures are great for adding warmth to the eye and the hand. A sumptuous blanket, folded neatly at the end of a bed or tossed casually on a sofa, adds some interchangeable luxury and can move between rooms for new looks. TIP: Spread a blanket across the

cushions of a sofa and tuck it in at the edges, for a noncommittal contrastupholstery look. Pictured left: Chevron Jacquard Cotton Throw; Aspen Deluxe Faux Fur Throw. YSSelected.com

Lush textures are great for adding warmth to the eye and the hand. A sumptuous grey blanket, folded neatly at the end of a bed or tossed casually on a sofa, adds some interchangeable luxury and can move between rooms for new looks.

5 | Don’t forget the vertical surfaces! An extra layer of drapery helps avoid heat loss through windows, so consider mixing a sheer layer with a heavy blackout-lined layer – you can keep your existing curtains and add a double rod. TIP: A lightly patterned inner sheer

(try a tone-on-tone white) under a solid heavy drape, draws the eye’s attention to the layered effect by adding drama to the background instead of the foreground. 90 NEW CONDO GUIDE NOVEMBER 8 - 22, 2014

YANIC SIMARD is New Condo Guide’s design editor, principal designer of award-winning Toronto Interior Design Group (tidg.ca), and regular guest expert on City’s Cityline. Check out Yanic’s accessory line, Yanic Simard Selected, by visiting online at ysselected.com

GTA Edition Nov 8 â€“ 22, 2014

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

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

CONDO WATCH

new releases & grand openings

905

Pinnacle Grand Park 2 by Pinnacle International

Brand new suites now on sale at Pinnacle Grand Park 2, rising on Mississauga’s skyline. Web: PinnacleInternational.ca

Centro Square Condos 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

Grand opening and new sales office at Phase 2 of this master-planned community in the heart of Woodbridge. Web: CentroSquare.ca

Daniels Erin Mills by The Daniels Corp.

previews & registrations The Sorrento by Armour Heights Developments

Grand Cornell Brownstones by Lindvest

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

LINK2 Condos + Lofts by Adi Development Group

Legacy Park by Liberty Development

The Berkeley by Carriage Gate Homes

Pace on Main by Geranium Homes

Register to book your appointment, and keep up on the latest in this up-and-coming Burlington community. Web: AdiDevelopments.com

Hotel-inspired living is coming soon to downtown Burlington. Register today. Web: TheBerkeleyCondo.com

Riverside in Pine Grove by Rosebury Homes

Register now for your chance to live in this limited collection of urban towns, coming soon to Olde Woodbridge. Web: LiveAtRiverside.ca

The Craftsman by Vandyk

Register to stay up to date on these artisaninspired condo residences at the gateway to Mississauga’s Clarkson Village. Web: CraftsmanCondo.com

92 NEW CONDO GUIDE NOVEMBER 8 - 22, 2014

Now on sale and under construction at Erin Mills and Eglinton – a new masterplanned community where you can live, work, play, grow, shop, dine and more! Web: DanielsErinMills.com

Grand opening continues at Thornhill City Centre’s grand finale. Iconic architecture, urban suite designs and fabulous park views. Web: LegacyParkCondos.com

It’s a Main Street grand opening! Luxury suites coming soon to Stouffville’s boutique condominium address. Web: GeraniumHomes.com

Varley by Tribute Communities

Now open, boutique condominium residences steps from the shops, restaurants and galleries of Unionville’s Main Street. Web: MyTribute.ca

Green Life Condominiums by Del Ridge Homes

Now open – an ecologically revolutionary building in midtown Markham. Web: GreenLifeMidtown.com

THE SORRENTO IS NOW OPEN

EUROSTYLE CONDOMINIUMS FROM THE HIGH $300’s TO OVER $600,000 This weekend is the Grand Public Preview of The Sorrento - and you’re invited to be there! Demand is unprecedented for this new address of distinction in Richmond Hill’s esteemed Oak Ridges neighbourhood. A condominium inspired by the grand estates of the celebrated Sorrento Peninsula for a lifestyle of old-world elegance and refinement. Arrive at noon for the best selection of suites.

THESORRENTO.CA | 289-637-1777

KING RD BOND CRES

19TH AVE

HWY 404

GAMBLE RD

STOUFFVILLE RD YONGE ST

Like us on Facebook to Learn More Renderings are Artists concept. Prices & info subject to change without notice. E.&O.E.

BATHURST RD

thesorrentorichmondhill

SITE HWY 400

Presentation Centre: 11300 Yonge Street., Richmond Hill, ON L4S 1K9 (South of Gamble Rd) Hours: Monday-Thursday: 1PM-7PM | Saturday, Sunday & Holidays: 12PM-5PM Friday by appointment only

DEVONSLEIGH BLVD

PRESENTATION CENTRE 11300 YONGE STREET

ELGIN MILLS RD

NOVEMBER 8 - 22, 2014 NEW CONDO GUIDE 93

CONDO PROFILE

New condo brings old-world elegance to Richmond Hill:

THE SORRENTO CONDOMINIUM

he response has been staggering for the Sorrento Condominium! Inspired by the grand estates of the celebrated Sorrento Peninsula and Isle of Capri, The Sorrento will offer a lifestyle of old-world elegance and serenity surrounded by nature. Slated for occupancy in 2016, The Sorrento is steps from Yonge Street just south of King Road in prestigious Richmond Hill. This inspired 99-suite residence will feature soaring nine- to 12-ft. ceilings, oversized windows and breathtaking finishes. Suites include one-bedroom, one-bedroom-plus-

94 NEW CONDO GUIDE NOVEMBER 8 - 22, 2014

den, two-bedroom and the option for two-bedroomplus-den and three-bedroom suites – some featuring European-inspired alfresco terraces. Remarkable lifestyle amenities distinguish this condominium and will provide its residents an enviable lifestyle with activity and serenity. From the groundfloor amenity spaces to the partial green roof and terraces on the fourth floor, The Sorrento inspires a sense of beauty and elegance. A stunning lobby with concierge will welcome you in style. Residents will enjoy a workout facility, indoor swimming pool, yoga room, and men’s and women’s change rooms with saunas. There is also a party room with kitchenette for hosting get-togethers. An elegant outdoor courtyard will invite residents to relax and socialize surrounded by landscaping and gardens. And a

Remarkable lifestyle amenities distinguish this condominium and will provide its residents an enviable lifestyle with activity and serenity. From the ground-floor amenity spaces to the partial green roof and terraces on the fourth floor, The Sorrento inspires a sense of beauty and elegance. game of bocce is always a possibility! Amenities are just a short drive away: shopping malls, medical facilities, restaurants, entertainment and Richmond Hillâ€™s bustling urban centre. Right in the neighbourhood are shops, places of worship, community centres, golfing and more. The Sorrento is the creation of Armour Heights Developments. This exceptional builder is well-known for creating homes of enduring beauty throughout Toronto and the GTA including Riverâ€™s Edge, The Manors of Corsica, The Amesbury Residences, The

Amalfi Residences, The Manors of Bayview and Oak Ridges Retirement Residences. Visit The Sorrento today! The sales office and model suite are located at 11300 Yonge St., south of Gamble. Hours are 1 to 8 p.m. Monday to Thursday; and noon to 6 p.m. Saturday, Sunday and holidays. Visit TheSorrento.ca. NOVEMBER 8 - 22, 2014 NEW CONDO GUIDE 95

IN THE NEWS

Empire/Pace celebrate VILLAGIO BREAKING GROUND IN MAPLE EMPIRE/PACE HAVE CELEBRATED ANOTHER MILESTONE

in their successful partnership with the ground breaking of their elegant condominium community in Maple – Villagio. Launched just a year ago, Villagio is an intimate, three-storey condominium building of just 56 suites located on Keele Street south of Major MacKenzie. Attending the event were key representatives from Empire Communities, Pace Developments and Fortress Developments. “We have created a building that accurately captures and even enhances the relaxed, comfortable lifestyle people enjoy in Maple,” says Paul Golini, executive vicepresident of Empire. “Villagio has been carefully crafted to address the needs of all ages and interests. We are all thrilled to reach this point and look forward to seeing Villagio rise out of the ground very soon.” “We are grateful to all those that have purchased a home in Villagio and look forward to the moment when they can move into their new suite,” adds Dino Sciavilla, president of Pace.

96 NEW CONDO GUIDE NOVEMBER 8 - 22, 2014

Villagio fits seamlessly into its surroundings like a hand into a finely crafted kid glove. The main level along the street features a selection of shops convenient for residents in the building. The suites range from a 627-sq.-ft. onebedroom-plus-den suite ideal for a single person or young couple just starting out, to two-bedroom homes up to 1,253 sq. ft. This weekend, come visit Empire Communities at 125 Villarboit Cres. in Vaughan for a Villagio open house taking place on Saturday and Sunday from noon to 5 p.m. Please register at empirepace.com or call 647.281.7607 to book your private appointment today!

CONDO PROFILE

DANIELS ENCORE AN IMMEDIATE SUCCESS Much-anticipated townhome collection now selling quickly to savvy buyers

n late September, The Daniels Corporation went on sale with Daniels Encore, Daniels’ final townhome community in Erin Mills. Purchasers were delighted to find more home choices than ever before in this coveted location, including walk-up towns and traditional two- and three-storey towns. Offering something for everyone – singles, couples, empty-nesters, seniors, first-time, move-up and downsize buyers found layouts perfectly suited for their lifestyle. With fully built condo towns from the $400,000s, purchasers appreciated the variety of designs available within this highly unique community. This limited collection of condominium townhomes was met with an overwhelming response and will sell quickly. “We expected a strong response, and we are thrilled with the way Daniels Encore has been received,” says Daniels vice-president Don Pugh. “People realize what a unique opportunity this is and how desirable this amenity-rich area is. In the 1970s, our founder and CEO, John Daniels, was instrumental in creating Erin Mills. We have built many successful neighbourhoods here, and we’re proud of our reputation as a forward-thinking city builder. With all of this experience and the huge demand for lowrise residential opportunities in Erin Mills, the fact 98 NEW CONDO GUIDE NOVEMBER 8 - 22, 2014

that these townhomes are selling quickly is understandable.” Buyers are really attracted to Daniels’ build-it-first concept which completely sets them apart in the new-home marketplace. Their build-it-first program enables 30-, 60- and 90-day move-ins, and the ability to tour a model of each design before you buy. This offers a major advantage, especially for those who are new to reading floor plans. Prospective purchasers actually see what they get, and they can experience Daniels’ quality, features and finishes in person. Features and finishes in the walk-up townhomes include

ceramic kitchen backsplash; imported ceramic tile; laminate flooring; and glass shower enclosures in select homes. In the two- and threestorey townhomes, homeowners will also enjoy granite kitchen countertops, oak staircases, pre-finished hardwood flooring in the living/dining room and/or Great Room as per plan. All two-storey townhomes will also come with a finished basement with a finished three-piece bathroom. The community is situated in the Destination Drive and Winston Churchill Boulevard area. Within moments, families can access shops, restaurants, schools, recreation centres, the renowned Credit Valley Hospital and Erin Mills Town Centre, which is undergoing a $100-million renovation. The landscaped Daniels Encore community will include playgrounds, plus gardening plots in Phase 2, which is already under construction. And Daniels thinks of everything when it comes to make purchasing easy and affordable. All homebuyers need is five per cent of the purchase price. Plus, by working closely with CIBC, Daniels is able to offer a special mortgage interest rate at an incredibly low level! Daniels Encore has been designed to create a vibrant, accessible community that offers something for everyone looking to buy a new home. Keep in mind that first-time homebuyers who meet certain criteria can withdraw up to $25,000 from their personal RRSP to use toward their down payment. Buyers may also qualify to receive the first-time Home Buyer’s Tax Credit of up to $750 in tax relief toward closing costs.

About the builder The Daniels Corporation (danielshomes.ca) is one of Canada’s pre-eminent builders/developers, building more than 25,000 new homes across the GTA in 32 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 the heart of Toronto’s Downtown East. Committed to community, Daniels offers innovative programs that help people achieve home ownership, champions neighbourhood initiatives that enhance residents’ quality of life, and supports numerous charities and non-profit organizations. See what living in Daniels Encore community is all about by taking a guided tour through the community and model suites. The interiors are spacious and comfortable while the exteriors complement the surrounding community. Stop by today and see for yourself! This limited collection of homes is going fast, so don’t miss out on this amazing opportunity for home ownership in Erin Mills. The Daniels Encore sales office is located at 5070 Harvard Rd., one light north of Eglinton Avenue, off Winston Churchill Boulevard. Hours are Monday to Wednesday noon to 8 p.m.; Saturdays and Sundays noon to 6 p.m.; closed Thursday and Friday. For more information visit DanielsEncore.com or call 905.814.0123 NOVEMBER 8 - 22, 2014 NEW CONDO GUIDE 99

CHINESE HOME & CONDO GUIDE 網上參閱

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

各式電子工具都可瀏覧

ChineseHomeGuide.com

8 4 - Nov 22, 2014 Volume 3 Issue 十月四日至十一月二十二日 / Oct

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

1YO RKV ILLE .CA

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

的認識花致勝之道 • 新屋保障計劃室內裝飾配搭得宜 • 購買樓

GTA Chinse Front Cover 10-04-14.indd

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FRONT COVER 7.5 X 10.5" + BLEED

AM 4:45:29 PM 9/23/14 11:39:39 9/19/14 2014-09-15 11:36 AM

newcondoguide.com 100 NEW CONDO GUIDE NOVEMBER 8 - 22, 2014

You'll Love Our Point Of View!

STOUFFVILLE STOUFFVILLE

Actual View Actual View

Penthouse Penthouse Suite 505 Suite sq. 505ft 1125 1125 sq. ft

Stouffville’s Best Downtown Location! Stouffville’s Best Downtown Location! Morning, afternoon, or evening, Main Street and its

F LAUNDRY

BALCONY 6'3" x 9'0" BALCONY 6'3" x 9'0"

SLIDING DO SLIDIN G DOOR OR

LAUNDRY

MASTER BEDROOM 10'6" BEDROOM x 11'6" MASTER 10'6" x 11'6"

WIC WIC

SECOND BATH SECOND BATH

Outstanding Outstanding Features Features & & Finishes Finishes

UP UP

ENSUITE BATH ENSUITE BATH

1 bed, 2 bed & 2 bed + den suites with balconies 1 bed, 2 bed & 2 bed + den suites with balconies • Sun-filled open concept floorplans • Gourmet-inspired • Sun-filled open concept floorplans • Gourmet-inspired kitchens with granite countertops • Luxuriously appointed kitchens with granite countertops • Luxuriously appointed ensuite baths • Soaring 9’ ceilings • Hotel inspired grand ensuite baths • Soaring 9’ ceilings • Hotel inspired grand lobby • Residents’ party room and lounge lobby • Residents’ party room and lounge with outdoor terrace and barbecue area with outdoor terrace and barbecue area • Underground parking included • Underground parking included Boutique Condominium Boutique Condominium Residences Residences

329,900

from from

from 650 Sq. Ft. to 1,517 Sq. Ft. from 650 Sq. Ft. to 1,517 Sq. Ft.

Mon to Wed: 1 – 6pm / Sat & Sun: 11am – 5pm Mon toThurs Wed:&1 Fri: – 6pm / Sator& by Sun: 11am – 5pm Closed appointment Thurs & Fri: Closed or by appointment

MAIN ST MAIN ST

SITE SITE

SALES CENTRE SALES CENTRE

OBRIEN AVE OBRIEN AVE

Morning, afternoon, or evening, Main Street and its surrounding area were made to stroll, browse, explore surrounding area were made to stroll, browse, explore and enjoy bistros, neighbourhood pubs, old world and enjoy bistros, neighbourhood pubs, old world cafes and unique boutiques at your door. Fitness cafes and unique boutiques at your door. Fitness and cultural activities are just steps away. and cultural activities are just steps away. This is life at your own pace! This is life at your own pace!

SECOND BEDROOM 9'2" xBEDROOM 9'2" SECOND 9'2" x 9'2"

FREEL FREEL LNLN

LLOYD LLOYD STST

BLAKE BLAKE STST

LIVING 11'7" x 19'9" LIVING 11'7" x 19'9"

9TH LINE 9TH LINE

KITCHEN 7'8" x 16'8" KITCHEN 7'8" x 16'8"

BURKHOLDER ST BURKHOLDER ST

905-591-1071 905-591-1071 geraniumhomes.com geraniumhomes.com Follow us: Follow us:

Prices are correct at press time and are subject to change without notice. Features and nishes are as per plan. Sq.ft. measurements are approximate. E. & O. E. Prices are correct at press time and are subject to change without notice. Features and nishes are as per plan. Sq.ft. measurements are approximate. E. & O. E.

QUICK TIPS

Preparing for the

// BY HELLEN BUTTIGIEG

BUSY SEASON shipping or other incentives at this time of year. Another option is to hire a personal shopper. Some major department stores actually offer this service at no cost, so ask! ›› Help for the host

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. Contact Hellen at 905.829.2219 or info@WeOrganizeU.com

Hosting a holiday soiree this year? Don’t be a superhero – accept help from others. Make it a potluck. People feel better when they can contribute, and it makes the meal more interesting. While you’re at it, put your kids to work during the event. They can take coats as guests arrive, freshen up the appetizer plates and load the dishwasher. They’ll be learning valuable skills and you’ll be a more relaxed and joyful host. ›› Ask and you shall receive

here are many time-consuming activities we do, despite the fact that we don’t enjoy doing them. Could our time possibly be better spent? Is it possible to unburden yourself by improving your methods or delegating some tasks? If it’s a choice between kids and cleaning or sleep versus cooking, why not call in a cleaner or a caterer if it fits into your budget? As the holiday season approaches, try these tips and see if you enjoy this time of year just a little more with a little less on the agenda.

As the popular Rolling Stones song goes, “You can’t always get what you want, but if you try sometimes you might find you get what you need.” The part they left out of the lyrics is “...if you only ask.” Few people ask for what they need. We expect that those around us will just know, and that if they really care about us, we shouldn’t have to ask. However, most people aren’t mind readers. As an experiment, just for one week, find the courage to speak up and make a direct request – and don’t be surprised if you get both what you need and what you want!

›› Avoid mall madness

›› Free yourself

Do you get stressed when shopping for gifts at the mall? Do those long line-ups and limited parking spots dampen your holiday spirit? There’s still lots of time to shop online and have your items delivered in time for the holidays. Many retailers offer free

Challenge yourself to spend one

102 NEW CONDO GUIDE NOVEMBER 8 - 22, 2014

weekend a month without doing chores. If you plan in advance, and use the time during the week effectively, it can be done. In fact, it may even motivate you to boost your productivity level during the week

substantially. Use the time to just relax, unwind and putter around the house. If you find you’re feeling bored, let the initial discomfort pass – on the other side of boredom you’ll find peace and tranquility. Remember, we are human beings not human doings, so we need and deserve to spend some time just “being” – guilt-free. ›› Overscheduled again?

With fall in full swing, many of us begin to take on more and more responsibility and, before we know it, our plate is not only full, it’s overflowing. Before getting to the point of exhaustion and resentment that often comes from doing too much for too many, make a conscious choice to put your needs ahead of the needs of others. Give yourself just a little more breathing room than you think you need. When you make your needs a priority, you’ll not only feel happier, you’ll also be more fun to

be around.

›› How to be happier now

Most of us have heard the saying, “don’t sweat the small stuff.” It’s great advice for keeping stress under control. I also invite you to “appreciate the small stuff.” We often think it’s the big things that will make us happy – the house, the fancy car, the great promotion – but those come few and far between. Why put off your happiness until then? Instead, you can find little pleasures to enjoy every single day: A freshly cut flower on your bedside table, a candle

in your favorite scent, a visit from a cardinal in your backyard. It’s pretty simple – pay attention to the little things that make you happy, and you’ll see more of them.

LIVE LIFE

VISIT US TODAY!

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INCLUDES:

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ON CLOSING & MAINTENANCE FREE FOR 1 YEAR

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THE KEY TO YOUR PALACE AWAITS Stately and graceful, the Grand Palace is built for your optimal comfort and pleasure. With a streamlined contemporary design, the complex features three elegant towers linked by a piazza and, at their core, a Grand Spa. Two towers are now on sale. Visit us this weekend and experience the key to happiness – Luxury Living at affordable prices.

To learn more about Richmond Hill’s Grand Palace, visit www.grandpalace.ca or call 905.907.4370 VISIT US @ 9612 Yonge Street, Richmond Hill

16TH AVE.

BAYVIEW AVE.

WELDRICK RD.

YONGE ST.

MAJOR MACKENZIE DR.

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The Craftsman

Great Gulf

HOT

905-828-4257

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10 AMACON

The Residences at Parkside Village

47 The Daniels Corporation

3 Castleridge Homes

Telephone

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Finder

from $300,000

21N

from $330,000

16M

905-273-9333

•

21K

Daniels Erin Mills

905-306-6996

•

from $250,000

17M

The Clairington

905-793-0002

•

from $230,000

16E

Pinnacle International

The Marquee Townhomes on the Park

905-568-9000

•

from $720,000

20K

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

12 Alterra Homes

Renaissance in Olde Brampton

416-710-1010

•

from $490,000

13d

14 Pemberton Group

Rosedale Village Golf & Country Club

905-799-5000

•

from $346,000

12e

15 ADI Development Group

Link2 Condos+Lofts

905-592-2028

•

from $195,000

16 Vandyk Communities

Windows on the Green

905-822-3333

from $300,000

17M

17 Pemberton Group

Downtown Erin Mills Condominiums

905-630-6300

•

from $300,000

18 Retirement Lifestyle Communities

Palisades on the Glen

905-820-8210

•

from $290,000

17M

20 Carriage Gate Homes

The Berkley Downtown Burlington theberkeleycondo.com

•

21 Casino Bay Dev. Corp./Toddglen

Panoramic Point at Brewery Bay

1-866-611-5525

•

from $264,000

27 Inzola Group

Park Place

905-451-7001

•

from $310,000

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

•

from $344,000

19J

45 Empire Communities

Rain Condominiums

905-845-7246

•

from $200,000

17Q

46 Mattamy Homes

The Mount Pleasant Village

mattamyhomes.com

•

from $200,000

20M

*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

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Page Insert

Finder 16D

Armour Heights Developments

The Sorrento

289-637-1777

•

from $390,000

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13 Liberty Development Corp.

Legacy Park

905-731-8302

•

from $280,000

31 Pemberton Group

Sky City

905-709-5700

•

from $320,000

12F

32 Liberty Development Corp.

Royal Gardens

905-889-9997

•

from $530,000

14f

43 Guizzetti Developments

Grand Palace

905-907-4370

•

from $295,000

103

12E

44 Liberty Development Corp.

Centro Square Condos 2

905-851-8877

•

from $250,000

Flato Development

Arthouse Condos

905-554-8722

from $200,000

22E

Tribute Communities

Varley

905-604-1477

•

from $420,000

18F

Tridel Corporation

Renaissance of Richmond Hill

416-736-9500

•

from $740,000

12G

Lindvest

Grand Cornell Brownstones in Markham

905-294-6161

from $340,000

23F

MintoUrban Communities Inc.

WaterGarden

416-915-3800

from $300,000

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

14 Remington Group

The Signature Condominium

905-948-9900

•

from $300,000

18F

14 Remington Group

Model Suite of the Month

905-948-9900

•

from $300,000

18F

20 Solmar Development Corp

Bellaria Residences

905-417-8482

•

from $240,000

22 Quadra Mgt. & Sceptre Devs.

Renaissance Court at Woodbridge Gates

905-851-4220

•

from $505,000

22 Wycliffe Homes

Fairground Lofts

905-605-5900

•

from $340,000

24 Liberty Development Corp.

The Fountains

905-731-8302

•

from $272,000

10F

26 Rice Development

Ambria

905-796-3630

•

from $340,000

28 Chestnut Hill Homes

San Francisco by the Bay

905-831-3631

•

from $200,000

22C

31 Pemberton Group

Sky City 2

905-709-5700

•

from $320,000

12F

32 Signature Communities

TAO Boutique Condos

905-597-2535

•

from $200,000

14F

33 Pemberton Group

Miracle at Yonge

905-709-5700

•

from $280,000

12F

34 Sierra Homes

68 Main Street

905-305-0822

•

from $250,000

22F

40 Nova Trimax

Allegra

905-850-6866

•

from $250,000

41 Quadcam Development Group Inc

Vista Parc Condominiums

905-850-8883

•

from $260,000

45 Kylemore Communities

The 6th Angus Glen

905-887-9950

•

19E

46 Empire Communities

The Mark

905-554-5015

•

21E

*TH: Townhomes, C: Condo

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

•

from $250,000

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

GTA Edition Nov 8 â€“ 22, 2014

Your complete source for condos, lofts and townhomes in Toronto

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

CONDO WATCH

Park Towers at IQ by The Remington Group

Place 2 is coming soon to Islington and Queensway. Register today for the priority preview sale. Web: IQCondos.com

The Upper House by Knightstone

Two- and three-bedroom townhomes are coming to Leaside. Visit the sales centre at 25 Malcolm Rd. Register now. Web: TheUpperHouseCondos.com

416

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

previews & registrations Minto Yorkville Park by Minto

Zigg St. Clair West by Madison Homes/Fieldgate Homes

The Nest by Rockport Group

An iconic address is taking root at Wellesley between Bay and Yonge. Register for news and updates. Web: 11Wellesley.com

Now open on St. Clair Avenue West – a sophisticated new residence at a great midtown address. Web: TheNestCondos.com

Minto West Side by Minto

Canary Park Condominiums by Dundee Kilmer Developments

Coming soon – design-forward condos coming soon to Front and Bathurst. Register now. Web: MintoWestSide.com

Beacon Condominium by Sorbara Development Group

Releasing this fall at North York City Centre. Act now! Register to stay informed. Web: BeaconCondos.ca

Riverside Square by Streetcar

King Blue by Greenland

Menkes’ newest condo is truly “Yonge” at heart. Condos coming soon to Yonge and Eglinton. Register now to stay informed. Web: Menkes.com

Luxury condos coming to the heart of the Financial and Entertainment Districts. Register online. Web: KingBlueCondos.com

The PJ by Pinnacle International

The Kip District by Concert Properties

Urban Towns in Queen West by Great Gulf

Register now for urban townhome living, coming soon to Florence Street in the Queen West neighbourhood. Web: GreatGulf.com/comingsoon

Blue Diamond at Imperial Plaza by Camrost Felcorp

Brilliant living is coming soon to Avenue Road and St. Clair. Register now. Web: BlueDiamondCondos.ca 108 NEW CONDO GUIDE NOVEMBER 8 - 22, 2014

Eau du Soleil by Empire Communities

Wellesley on the Park by Lanterra Developments

The Eglinton by Menkes

Coming this fall, a new signature tower rising in Yorkville. Register now. Web: CumberlandTower.com/CG

Grand opening, steps to the subway in the vibrant Islington Village community. Web: Tridel.com

New release of fabulous Waterview Suites, including the Terrace Collection. Web: EauDuSoleilCondos.com

Luxury condos coming soon to Bellair and Cumberland. Register now. Web: MintoYorkvillePark.com

Yorkville Plaza II by Camrost Felcorp

Islington Terrace by Tridel

Lofts coming soon to Queen and the Don Valley. Register now for more information as it becomes available. Web: RiversideSquare.ca

Handsome architecture and a vibrant location where Pearl meets John. Register today. Web: PJCondos.ca

new releases & grand openings

Coming this fall to Kipling and Dundas – urban style on the west side. Register now. Web: TheKipDistrict.com

The Selby by Cityzen Dev./Fernbrook Homes

The Colours of Emerald City by ELAD

Be part of the evolution of Emerald City, one of North York’s most successful master-planned communities. Register now. Web: ColoursofEmeraldCity.com

Royal York Urban Towns by Icon Homes

Coming soon to the growing lake-side community of Mimico. One-, two- and threebedroom designs. Register now. Web: TheRoyalYork.ca

Grand opening continues at award-winning Canary District. Visit the new on-site presentation centre. Web: CanaryDistrict.com

Riva del Lago by Monarch

Now open – a new boutique condo is making waves on Etobicoke’s Humber Bay waterfront. Web: MonarchGroup.net

50 at Wellesley Station by Plaza

New release in the thriving Yonge-Wellesley neighbourhood, conveniently located right on the subway line. Web: PurePlaza.com

Residences of 488 University Avenue by Amexon Development Corp.

Presentation gallery now open, showcasing this new 55-storey glass and steel tower coming soon to University Avenue. Web: 488University.com

Aristo at Avonshire by Tridel

Elegance and luxury inspired by Parisian haute couture. Visit the Global Style Model Suite. Web: Tridel.com

90 Niagara by Fieldgate Homes

New release: seven urban townhomes and eight balcony suites at 90 Niagara, one of Toronto’s most anticipated new residential addresses. Web: 90Niagara.com

Diva Condo by Torbel

Grand opening now on at North York’s newest boutique condo. Visit the sales office. Web: DivaCondo.com

The Barrington Condominium Flats by Lash/Goldman Group of Companies

Now open! Condominiums overlooking Forest Hill coming soon to St. Clair and Bathurst. Web: BarringtonCondos.com

MARKHAM AND ELLESMERE LIVING MARKHAM MARKHAM AND AND ELLESMERE ELLESMERE LIVING LIVING

BACK BONUS +11+BONUS +11 +1 11BACK 1BACK 1 BONUS CASH UPGRADE %UPGRADE %%CASH %CASH % + %UPGRADE +

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THOUSAND THOUSAND THOUSAND DOLLARS DOLLARS DOLLARS FOR LOCKER FOR LOCKER FOR LOCKER

PLUS EASY FLEXIBLE DEPOSITS PLUS PLUS EASY EASY FLEXIBLE FLEXIBLE DEPOSITS DEPOSITS

OWN ME! OWN OWN ME! ME!

Limited time only. ME is your #1 choice with these Limited time Limited only.time ME only. is yourME #1ischoice your #1 with choice thesewith these amazing Fall bonuses. Inspiring views, exceptional amazing Fall amazing bonuses. Fall bonuses. Inspiring views, Inspiringexceptional views, exceptional designs, everything you want. Condominiums, shops designs, everything designs, everything you want.you Condominiums, want. Condominiums, shops shops and parks designed around urban excitement. Highlights and parks designed and parksaround designed urban around excitement. urban excitement. Highlights Highlights include a dramatic lobby with concierge, spectacular include a include dramatica lobby dramatic withlobby concierge, with concierge, spectacular spectacular amenities, a Miami-inspired rooftop deck with pool, amenities,amenities, a Miami-inspired a Miami-inspired rooftop deck rooftop withdeck pool,with pool, cabanas, barbeques and lounging areas. cabanas, cabanas, barbeques barbeques and lounging and areas. lounging areas. Condos from the mid Condos from Condos the mid from the mid

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meliving.ca 416.430.0003 meliving.ca meliving.ca 416.430.0003 416.430.0003

401

MARKHAM MCCOWAN RD.RD.

MORNINGSIDE AVE.

LAWRENCE AVE. E. LAWRENCE AVE. E.LAWRENCE AVE. E.

MORNINGSIDE AVE.

MARKHAM RD.

ELLESMERE RD. ELLESMERE RD. ELLESMERE RD.

MARKHAM RD.

*Limited time only. Present this ad by November 30th, 2014 at the ME Presentation Centre and receive $5,000 off the purchase price of your Certain conditions See Representation for details. **On select Prices to *Limited timesuite. only. *Limited Present time this only. adPresent by apply. November this adSales 30th, by November 2014 at the 30th, ME2014 Presentation at the ME Centre Presentation andsuites. receive Centre $5,000 andand receive offspecifications the $5,000 purchase offsubject price the purchase price change notice. Listing The Condo Inc., Brokerage. Brokers Protected. E. & O.E. 2014. Renderings of your suite.without Certain of your conditions suite.Exclusive Certain apply. conditions See Broker, Sales apply. Representation See SalesStore Representation forRealty details. **On forselect details. suites. **On Prices select and suites. specifications Prices and specifications subject to subject to are without artist’schange concept. change notice.without Exclusive notice. Listing Exclusive Broker, Listing The Condo Broker, Store TheRealty Condo Inc., Store Brokerage. Realty Inc., Brokers Brokerage. Protected. Brokers E. &Protected. O.E. 2014. E. Renderings & O.E. 2014. Renderings are artist’s concept. are artist’s concept.

MCCOWAN RD.

Presentation Centre: 1151 Markham Road Presentation Centre: 1151 Centre: Markham 1151 Markham Road Road Hours:Presentation Monday-Thursday: noon-6pm Hours: Monday-Thursday: Hours: Monday-Thursday: noon-6pm Friday: Closed. Saturdaynoon-6pm & Sunday: noon-5pm Friday: Closed. Friday:Saturday Closed. Saturday & Sunday:&noon-5pm Sunday: noon-5pm

401 401

CONDO PROFILE

ME LIVING:

One-of-a-kind master-planned community

he Lash Group of Companies’ ME Living is one of a kind – a beautifully designed master-planned community at Markham and Ellesmere that combines a convenient, dynamic location with high style and impeccable value. Even better, right now five exciting time-limited incentives make purchasing possible for almost anyone who wants to enjoy life in a home of their own. These amazing opportunities prove just how “singular” ME Living is! » 1% cash back » $1,000 for a locker » 1% upgrade bonus » 1 Easy Flex Deposit program » $1,000 for parking ME Living makes it even easier to buy a brand new condominium in one of Scarborough’s most convenient locations. Situated just minutes from Hwy. 401, and with TTC right outside the door and the LRT a few minutes away, residents here enjoy the best of everything the city has to offer. They will have the ultimate convenience of urban living in an established neighbourhood surrounded by a wealth of parkland, trails and golf courses. An easy downtown commute – or a dash northward – via the DVP starts just minutes away too. Outdoor enthusiasts will love the proximity to Bluffer’s Park at the foot of the Scarborough Bluffs,

110 NEW CONDO GUIDE NOVEMBER 8 - 22, 2014

the city’s most spectacular natural wonder. All manner of shopping options are nearby too, with more than 200 shops and services available under one roof at the Scarborough Town Centre. The ME Living lifestyle starts the moment you reach the tree-lined entry, where a welcoming pond becomes a skating area throughout the winter months. The lobby itself is an oasis with its own dramatic water feature, appointed by the award-winning interior design team at Tanner Hill & Associates. Carefully designed amenities expand your living space by thousands of square feet for those times your friends and family visit. Invite the whole gang for some truly

Invite the whole gang for some truly stylish relaxation in the interactive sports lounge with games area and billiards table, multiple plasma screens and wet bar

stylish relaxation in the interactive sports lounge with games area and billiards table, multiple plasma screens and wet bar. On the ground floor, a multi-purpose demonstration kitchen, private dining room, spacious party room, Hollywood-style theatre and beautifully appointed guest suites will help make every event you host a memorable celebration. The fully equipped fitness and yoga area provide a stress-busting end or a rejuvenating beginning to each day without the expense and inconvenience of a gym membership. In the warm months, a rooftop oasis with barbecues and a glistening swimming pool will ensure your invitations are the hottest tickets in town. At ME Living, condominiums, townhomes and retail come together in an ideal mix with residences starting at nearly 400 sq. ft. for a genuine one-bedroom. With both a balcony and a huge 300-sq.-ft. terrace, twobedroom-plus-den Sky Suite penthouses located on the top two floors offer elegantly designed living space, with grand 12-ft. ceilings as well.

Like every property in its extensive portfolio, ME Living is backed up by more than six decades of experience that Lash Group brings to its developments throughout the GTA and Florida. With prices starting in the mid-$200â€™s, a developer with a reputation for excellence in building standards and a devotion to impeccable customer service, exceptional design, highdemand amenities and an unbeatable location, ME Living is the perfect choice for your new home. ME Living is at the heart of the new Scarborough, bringing downtown to uptown. Current time-limited incentives make it an irresistible time to buy, with one-per-cent cash back, one-percent upgrade bonus, $1,000 parking spot, $1,000 locker and one Easy Flex Deposit program, putting home ownership within reach! Visit MELiving.ca, call 416.430.0003 or visit the presentation centre and two designer-decorated model suites at 1151 Markham Rd. from noon to 6 p.m. Monday to Thursday; and noon to 5 p.m. Saturday and Sunday (closed Fridays). NOVEMBER 8 - 22, 2014 NEW CONDO GUIDE 111

IN THE NEWS

CONDO SALES SOAR across the GTA

across the Greater Toronto Area, with a total of 4,753 new condominium apartments sold during Q3-2014, according to Urbanation Inc., a leading source of information and analysis on the Toronto condominium market. The sales figure represents the third best summer for the market behind 2011 and 2007, and a 53-percent year-over-year increase from a 10-year low in 2013. Sales over the past 12 months ending in September have reached over 19,000 units in the GTA – a level not seen in two years. Sales were boosted by a number of highly successful new project launches during the quarter, but more importantly by increased absorptions at pre-existing projects. As a result, the number of unsold units in the market across all stages of development (pre-construction, under construction and recently completed) fell by 11 per cent during the quarter to 16,743 units. The share of total active units in development (104,081 units) that have been pre-purchased increased to a record high of 84 per cent. The index for average selling prices reached $555 per sq. ft., up three per cent year-over-year, which is consistent with the trend over the past two years. Pricing for unsold units grew at an annual pace of two per cent to an average of $571 per sq. ft., which marked a change in course following flat to slightly negative growth rates in previous quarters. “Sales this past summer reaffirm that the new condo market in Toronto is on track for one if its best years on record,” says Shaun Hildebrand, Urbanation’s senior vice-president. “There is still quite a bit of pent-up demand that came out of the slowdown last year. Should market confidence continue to hold in spite of the recent

CONDO SALES ARE SOARING

112 NEW CONDO GUIDE NOVEMBER 8 - 22, 2014

“There is still quite a bit of pent-up demand that came out of the slowdown last year. Should market confidence continue to hold in spite of the recent turmoil in financial markets, this sales momentum will carry into the final months of 2014 and early 2015.” turmoil in financial markets, this sales momentum will carry into the final months of 2014 and early 2015,” Hildebrand adds. GTA resale condo apartment sales grew by 15 per cent yearover-year to 4,850 units in Q3-2014, picking up a bit of speed from the 14 per cent and 12 per cent rates of growth in the second and first quarters of the year, respectively. Meanwhile, listings were relatively flat, tightening the ratio of sales to total listings to a two-year high of 47 per cent. Prices increased by three per cent to an average of $426 per sq. ft.

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MONEY MATTERS

// BY GAIL VAZ-OXLADE

Why are you

IN DEBT?

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

ften people who are in debt say they no longer want to be in debt. And often they take the steps to get themselves out. But, it seems to me, just as often people who claim they want to get out of debt do little to change their behaviour and their outcome. They keep on doing the things that got them into debt in the first place. Here are some questions you may want to ask yourself about why you’re in the hole. Do you buy stuff you don’t need?

The biggest cue that you’ve got the impulse monkey on your back are

the things you have bought but not used: the clothes with the tags still on, the shoes you have yet to wear, the new dishes you’ve used just once or twice in the six months that you’ve owned them. Impulse shoppers are the first to admit they have a problem and the last to do anything about it. If you’re an impulse shopper, you need to remove the fuel for the impulse. That means cutting up your credit cards – or disabling them in some other fashion – and limiting the amount of cash you carry. It also means leaving your debit card at home unless you’re headed out to take care of a need: gas, groceries, etc. When you do go shopping, you have to use a list and never stray. Window shopping is torture for the impulse shopper so don’t browse stores or participate in this female bonding ritual since you’re just teasing yourself by drooling over a bunch of stuff you don’t need. CONTINUED ON PAGE 116…

114 NEW CONDO GUIDE NOVEMBER 8 - 22, 2014

• 1 & 2 BEDROOM CONDOS AT ISLINGTON & QUEENSWAY

COMING SOON

AN INCREDIBLY SMART INVESTMENT!

$169,900 FROM

• BEAUTIFULLY LANDSCAPED PARK • POOL, TERRACE, GYM, PARTY ROOM & MORE

UNDER CONSTRUCTION

• STEPS TO TTC, MINUTES TO DOWNTOWN • CLOSE TO SHERWAY GARDENS, QEW, GO TRANSIT

CONDOS PHASE 2

PHASE II AT IQ

IQCONDOS.COM 416.253.5838 FOLLOW US ON Exclusive Listing Brokerage: Baker Real Estate Incorporated. Brokers Protected. *Prices and specifications are subject to change without notice. Illustrations are Artist’s concept. E.&O.E.

NOVEMBER 8 - 22, 2014 NEW CONDO GUIDE 115

MONEY MATTERS

CONTINUED…

Do you use credit to buy things you can’t afford to buy with cash?

Hey, when you spend money you don’t have by using your credit card, line of credit or overdraft, you’re doing the wrong thing, plain and simple. If you can’t afford to pay for something in cash today, you should not be buying that thing, I don’t care how important you think it is, how great a deal you’re getting, or how desperate you feel. Using credit is no way to get out of debt. Put away all forms of credit and commit to building yourself a budget that balances. If you want something, you’ll have to give something else up to accumulate the cash you need to buy it. If you can’t come up with the cash, you must not want it badly enough.

Do you buy things for a one-time use that you could borrow from a friend or rent?

Practically everyone is guilty of this. You need something such as a sewing machine or power washer 116 NEW CONDO GUIDE NOVEMBER 8 - 22, 2014

twice a year so you go and buy one and then watch it – and the money you spent, likely on credit – sit and grow cobwebs (and interest charges?) What’s with us all? We have to own everything we ever use? In the old days friends borrowed from each other and stuff got way more use. Now our possessions are so much a part of who we are that we: a) hate to lend and b) hate to have to admit we don’t already have one. Dumb! And why do we feel we need to apologize because we don’t have the right kind of wine glasses? “Sorry, I only have these cheap glasses.” It’s a glass for heaven’s sake. Do you buy certain brands because they are a status symbol?

While any car gets you from point A to point B, the high-cost, brandname buggies come with “oohs” and “ahhs” from friends and relatives. Ditto the D&G sunglasses, the LV handbags, the CL shoes . . . I could go on forever. If you’re paying a premium to have a brand name, you have to ask yourself why. Is it because you don’t have confidence in your own sense of style? Is it because you’re trying to emulate the dudes and dames of TV and movie fame, wearing what they wear, driving what they drive, eating what they eat? How come? Is your life so sad that you’re trying to escape? Hey, I’m all for spending your money on the things that bring you pleasure, so if you’re not using credit to make expensive brands part of your image, I’m not talking to you. But if you are using credit, what makes you think you have the right to this stuff if you can’t afford to pay for it?

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

THIS ISN’T AN EVOLUTION. IT’S A REVOLUTION IN URBAN DESIGN AND MOBILITY.

BRAND NEW PRESENTATION CENTRE AND DISPLAY SUITE NOW OPEN

ENIGMA ON THE PARK

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Enigma represents more than a subtle shift in urban planning and architectural design practices. It’s a revolution that begins with these 86 parkside loft style condos and townhomes located in the heart of the connected Bloordale neighbourhood. With direct access to the Go Train, expressway and metro lines, the opportunity to be a part of the best in urban design won’t last long—homes range from studio suites at $263,900 to penthouses starting at $369,900. Register today at aragon.ca/enigmalofts. Call or visit: 138 St. Helen’s Ave, 416.516.1551.

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#ARAGONFORWARD

Aragon Properties Ltd.

HOMEBUYERSâ€™ HELP

CONDO HUNTERâ€™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:

midrise highrise

townhome conversion

midrise highrise

townhome conversion

midrise highrise

townhome conversion

midrise highrise

townhome conversion

Sq. ft.:

# of bedrooms:

# of bathrooms:

Interior appliances:

Options:

Parking facilities:

Special incentives:

Price:

Down payment:

Condo fees:

Financing available:

Other comments:

118 NEW CONDO GUIDE NOVEMBER 8 - 22, 2014

BARRINGTONCONDOS.COM

NOW OPEN

OVERLOOKING FOREST HILL

Introducing The Barrington Condominium Flats, a spectacular building set in one of Toronto’s prime urban neighbourhoods at St. Clair and Bathurst. With TTC at your doorstep and steps to the St. Clair West subway (or if you wish The Underground), this is where you want to be. Cheers to The Barrington!

s 300’

FROM THE MID

* Artist Concept

Presentation Centre: 522 St. Clair Avenue, West Hours: Mon-Wed: noon-6pm, Thurs: noon-8pm, Fri.: Closed. Sat & Sun: noon-5pm

416.410.4444

BarringtonCondo

Prices and specifications are subject to change without notice. See Sales Representatives for details. Images are for mood and impression only. Exclusive Listing Broker, The Condo Store Realty Inc., Brokerage. Brokers Protected. E. & O.E. 2014.

FALL 2014 EDITION FREE

HOME&CONDO THE GUIDE TO BUYING AND MANAGING YOUR FIRST HOME

Hot markets YOUR GUIDE ON WHERE AND WHAT TO BUY

THE GUIDE TO BUYING AND MANAGING YOUR FIRST HOME

YOUR FIRST MORTGAGE Stress-test before you buy

Money sense

CHECKING OFF ALL THE COSTS – AND OPPORTUNITIES TO SAVE! SPECIAL EDITION

416.626.4889 120 NEW CONDO GUIDE NOVEMBER 8 - 22, 2014

001 YFH Cover Fall2014_TL-FIN.indd 1

14-08-25 3:59 PM

RESIDENCES

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

Starting from the mid $300’s

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

Long Branch

3563 Lake Shore Blvd. W., Monday to Thursday 12 pm to 7 pm Saturday, Sunday & Holidays 11 am to 6 pm 416.354.2221 I queenscorp.com

Brown’s Line

Presentation Centre

Kipling Ave.

The Most Outstanding Mid-Rise Building

Thirty Fifth St.

Ontario Home Builders’ Association Award Winner

Lake Shore Blvd. W.

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

Builder

Site

2 6 7 17 18 18 18 22 23 26 27 28 35 41 42 48 48 49 50 51 52 52 58 61 65 79 99 124 126 131 140 140 149 149 150 155 190 199 202 202 202 215 217 217 218 218 222 1 1 2 3 3 3 3 4 4 5 5 5 6 6 7 8 9 9 10 11 11 11 12 13 14 15 16

Great Gulf Cresford Development Corp. The Daniels Corporation Rockport Group Urban Capital Monarch Corporation Urban Capital Monarch Corporation Tribute Communities Bazis Inc. The Daniels Corporation Empire Communities Menkes Developments Inc. Lash Group of Companies Triumph Developments Minto Communities Inc. Madison Homes Lanterra Developments Cresford Development Corp. Tridel Corporation Cresford Development Corp. Cresford Development Corp. Great Gulf Minto Communities Inc. Aragon Properties Freed Great Gulf Pinnacle International Great Gulf Lanterra Developments Eden Shaw 45 Charles Ltd. Camrost - Felcorp Camrost - Felcorp Aspen Ridge Homes Lifetime Developments Cresford Development Corp. Fieldgate Homes Bazis Inc. Rio Can Metropia Dundee Kilmer Developments Pemberton Group Baywood Homes Malibu Investments Inc. Urban Capital Lamb Development Corp. Goldman Group & Lash Dev. Corp. Goldman Group & Lash Dev. Corp. Concord Adex Concord Adex Concord Adex Concord Adex Concord Adex Gairloch Investments Centrestone Urban Developments Inc. Onni Group of Companies Onni Group of Companies Concord Adex Cresford Development Corp. Cresford Development Corp. The Daniels Corporation Cresford Development Corp. Aspen Ridge Homes Cityzen Empire Communities Menkes Developments Inc. Menkes Developments Inc. Tridel Corporation North Drive Investment Streetcar Development Canalfa Group Tridel Corporation Freed

Yonge+Richmond 416-499-8883 • from $320,000 26 Merton Yonge Condominiums 416-484-1900 • from $450,000 136 High Park Condominiums 416-351-1844 • from $300,000 15 The Nest 416-223-0003 • from $250,000 71 River City 2 416-862-0505 • • from $500,000 49 Riva del Lago 416-495-3544 • from $300,000 Insert RC3 416-862-0505 • • from $220,000 43 Picasso on Richmond 416-495-3549 • from $400,000 Insert The College 416-363-4800 • from $336,000 53 No1 Yorkville 416-519-2911 • from $475,000 5 One Park Place South Tower 416-955-0559 • from $250,000 31 Eau Du Soleil Waterfront Condominiums 416-503-3328 • from $350,000 6-7 The Eglinton Yonge at Heart menkes.com • from $250,000 Insert The Barrington Condominiums Flats 416-410-4444 • from $350,000 119 Howard Park 2 416-873-0989 • 67 Yorkville Park mintoyorkvillepark.com • • from $400,000 19 Zigg St.Clair West ziggcondo.ca • • from $320,000 73 Teahouse teahousecondos.com • 11 VOX cresford.com • 136 Aquavista at Bayside Toronto tridel.com • IFC CASA 2 416-486-2272 • from $320,000 136 CASA III 416-486-2272 • from $390,000 IBC Monde 416-466-8885 • from $320,000 26 West Side mintowestside.com • • from $190,000 45 Enigma on the Park 416-516-1551 • from $264,000 117 Art Shopee Condos freeddevelopments.com • 57 One Bloor Residences 416-922-0081 • from $560,000 26 The Pinnacle on Adelaide 416-596-1600 • from $350,000 113 X2 416-927-0080 • from $500,000 27 Riverhouse at the Old Mill 416-766-7343 • from $500,000 17 Chaz Yorkville Condos 416-922-0045 • from $300,000 29 Chaz Yorkville Condos 416-922-0045 • from $300,000 29 Blue Diamond at Imperial Plaza bluediamondcondos.ca • from $300,000 3 Yorkville Plaza II 416-966-3003 • 1 Studio on Richmond 647-352-7736 • from $300,000 63 The Bond Condominiums 416-546-7525 • • 25 1000 Bay 416-485-3000 • from $390,000 136 90 Niagara 416-981-0036 from $347,000 51 E Condos 416-243-8688 • from $360,000 23 E Condos 416-243-8688 • from $360,000 23 E Condos 416-243-8688 • from $360,000 23 Canary District Condominiums 416-603-7576 • from $250,000 87 TEN93 Queen West 416-546-6355 • from $280,000 9 TEN93 Queen West 905-326-4100 • from $280,000 9 Smart House 416-292-0219 • from $438,000 83 Smart House 416-292-0219 • from $438,000 83 The Harlowe 416-363-1771 • from $273,000 65 530 St. Clair Ave. West 416-868-0500 • from $344,000 the rushton rushtonliving.com • from $344,000 FWD at Concord CityPlace 416-813-0999 • • Quartz at Concord CityPlace 416-813-2999 • • Spectra at Concord CityPlace 416-813-0999 • • Grand Parade 2 at Concord CityPlace 416-813-0999 • Parade TWO Park Collection at Concord CityPlace 416-813-0999 • from $308,000 383 Sorauren 383sorauren.com from $265,000 383 Sorauren 416-588-0383 from $265,000 Garrison at the Yards 416-260-2600 • from $190,000 West Lake 416-260-2600 • from $240,000 Newton at Concord CityPlace 416-813-0999 • NXT2/Phase Two 416-977-5300 • • from $210,000 NXT at Windermere By the Lake 416-977-5300 • • from $350,000 The Parkside Collection 416-351-1844 • from $700,000 NXT 2 416-977-5300 • • from $300,000 VU 416-970-9500 • • from $370,000 Riverside in Pine Grove 416-746-1234 The HUB 416-784-3482 • from $250,000 Pears on the Avenue 416-323-0100 • from $382,000 365 Church 416-591-7700 • from $238,000 Sherwood at Huntington 416-485-1900 • from $1000,000 The High Park 416-670-3699 • from $300,000 Trinity Lofts 416-690-2988 • from $330,000 Liberty Place 416-537-0047 • • from $170,000 101 Erskine 416-480-0700 • from $286,000 155 REDPATH 416-996-5428 • from $210,000

*TH: Townhomes, C: Condo

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

Telephone

TH* C*

Price Range

Page

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

Builder

Site

Urban Capital KIngstone Road Development Menkes Developments Inc. Easton’s Group Remington Group Easton’s Group Remington Group Tridel Corporation Greenpark Homes Tridel Corporation Bazis Inc. Empire Communities Pinnacle International Pinnacle International Tower Hill Development Corporation Worsley Urban Partners Madison Homes Lamb Development Corp. Centre Court Development Menkes Developments Inc. Neudorfer Corporation Cresford Development Corp. Easton’s Group Lifetime Developments Fernbrook Homes/Cityzen Dev. K-CAP Laird Inc. Tridel Corporation Pinnacle International Conservatory Group Pinnacle International Tridel Corporation Lanterra Developments Times Developments Inc. MintoUrban Communities Inc. MintoUrban Communities Inc. Streetcar Development Lanterra Developments Lindvest Canalfa Group Pemberton Group Fernbrook Homes/Cityzen Dev. Lamb Development Corp. E-Park Development Emsatec Canada Inc Neudorfer Corporation Madison Homes State Building Group Tower Hill Development Corporation Harhay Developments Empire Communities Lamb Development Corp. Tridel Corporation Tridel Corporation Harhay Developments Carttera Carttera Fernbrook Homes/Cityzen Dev. DHD Developments Lamb Development Corp. Plaza Menkes Developments Inc. Lifetime Developments Aspen Ridge Homes Context Development Inc. Context Development Inc. The Brownstone Group of Companies The Brownstone Group of Companies Great Gulf Plaza Bazis Inc. Metropia Plaza Pemberton Group Pemberton Group The Daniels Corporation The Daniels Corporation The Daniels Corporation Lifetime Developments Lifetime Developments Concert Properties Triangle West Development Tridel Corporation Tridel Corporation Tribute Communities Tribute Communities Graywood Developments Mod Developments Inc. Canderel/Stoneridge Alterra Homes/Finer Space BSaR Ltd Andrin Homes Graywood/Beaverhall Development Camrost - Felcorp Camrost - Felcorp Cityzen Fernbrook Homes Fernbrook Homes Urban Capital Malibu Investments Inc. Alit Developments Tre Memovia Developments Lifetime Developments Castlepoint/Cityzen/Fernbrook Pianosi Developments Sorbara Group Streetcar Development Mizrahi | Khalili Developments Sorbara Group Graywood Developments Mod Developments Inc. Reserve Properties Reserve Properties Pemberton Group Streetcar Development Greenpark Homes The Daniels Corporation Tri-Win Developments Inc MintoUrban Communities Inc. Lifetime Developments Centre Court Development Streetcar Development Menkes Developments Inc. Freed Carttera Solotex Mod Developments Inc. Reserve Properties Castlepoint/Numa Dundee Kilmer Developments Torbel Group TAS DesignBuild Lamb Development Corp. Lamb Development Corp. Concord Adex

*TH: Townhomes, C: Condo

Telephone

TH* C*

Price Range

Page

River City 416-862-0505 • • from $250,000 The Glen 416-694-3333 • from $255,000 Fabrik 416-591-7700 • from $250,000 King Blue Condominiums 416-599-1355 • from $200,000 King Blue Condominiums 416-599-1355 • from $200,000 Westinghouse Lofts 416-599-1355 • from $200,000 Westinghouse Lofts 416-599-1355 • from $200,000 Ten York 416-596-9888 • from $1020,000 Axiom Condominiums 647-352-4077 • from $225,000 Spadina Queen 416-661-1949 • from $350,000 One Yorkville 416-519-2911 • from $475,000 Water Tower at Eau Du Soleil 416-503-3328 • from $350,000 Success Tower at Pinnacle Centre 416-360-0673 • from $750,000 33 Bay Residences at Pinnacle Centre 416-925-3325 • from $375,000 Churchill Park Condominiums 416-966-9080 • from $900,000 Totem Condominium 416-792-1877 • from $320,000 The Madison 416-482-8090 • from $420,000 Riverside Towns 416-368-5262 • from $460,000 Core Condos 416-598-2673 • from $220,000 87 Peter menkes.com • Fuse Condos 416-534-4444 from $220,000 Lofts 399 416-867-3999 • from $590,000 Dundas Square Gardens 416-645-8575 • from $200,000 The Code thecodecondos.com • from $320,000 Garrison Point garrisonpoint.ca • from $250,000 The Upper House Condos in Leaside 416-425-1800 from $350,000 Alter 416-645-4599 • from $250,000 Palatila Collection 416-925-3325 • from $725,000 Milan 416-928-7409 • from $520,000 The PJ pinnacleinternational.ca • from $300,000 Aqualina at Bayside 416-514-2710 • from $350,000 11 Wellesley 416-861-1111 • from $250,000 The 500 Condos + Lofts 416-960-0606 • from $400,000 King West 416-367-5464 • from $210,000 775 King West 416-367-5464 • from $330,000 Riverside Square 416-466-4466 • from $200,000 3018 Yonge In Lawrence Park 416-787-8882 • from $390,000 B Streets 416-532-6636 from $635,000 Liberty Central by the Lake 416-537-0047 • • The Uptown Residences 416-987-3500 • from $950,000 The Selby theselbycondos.com • The Brant Park 416-368-5262 • from $262,000 Foundry Lofts 416-531-7760 from $399,000 The Brownstones 5 416-531-7760 • from $350,000 Brownstones 416-531-7760 • from $305,000 The Upper Canada Condominium 416-489-5194 • from $1800,000 The Upper Canada Condominiums 416-489-5194 • from $1.8,000 2221 Yonge 647-350-2221 • from $320,000 East Condos & Lofts 416-368-5262 • from $310,000 Schoolhouse 416-979-1333 • from $595,000 Flatiron Lofts 416-368-5262 from $243,000 300 Front Street West 416-217-0300 • from $324,000 Atmosphere 416-217-0300 • from $1200,000 One Eleven Condominiums & Lofts 647-347-4111 • from $250,000 One Eleven Condominiums & Lofts 647-347-4111 • from $250,000 One Eleven Condominiums & Lofts 647-347-4111 • from $250,000 Pier 27 Waterlink 416-367-3456 • from $800,000 Gooderham Condos at The Distillery 416-361-1322 • from $390,000 The King East 416-368-5262 • from $435,000 King West 647-341-1731 • from $346,000 Four Seasons Private Residences Toronto 416-775-7500 • from $1900,000 Four Seasons Private Residences Toronto 416-775-7500 • from $1900,000 Seventy Seven Charles Yorkville 416-203-7034 • from $2100,000 Market Wharf 416-861-8181 • from $260,000 Library District Condominiums 416-861-8181 • from $222,000 Brownstones in Davenport Village 416-531-7760 from $245,000 Brownstones on the Park 416-531-7760 • from $260,000 Charlie 416-927-9772 • from $960,000 Ivory On Adelaide 647-341-1731 • from $279,000 Exhibit 416-967-7778 • Exhibit 416-967-7778 • Exhibit 416-967-7778 • U Condominiums 416-546-6605 • from $750,000 The Urban Townhome Collection 416-546-6605 • from $1899,000 One Park West 416-955-0559 • from $406,000 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 Bisha Hotel & Residences 416-637-2211 • from $274,000 88 Scott 416-216-8588 • Art Condos 416-535-7775 • from $530,000 Two Old Mill 416-645-7022 • from $356,000 Old Mill 416-645-7022 • from $450,000 RCM I on University 647-351-9247 • from $393,000 Queen & Portland 416-363-4800 • from $315,000 5 St. Joseph 416-928-0555 • • from $250,000 5 St. Joseph 416-928-0555 • • from $250,000 DNA 3 416-929-1030 • from $220,000 Post House Condominium 416-964-2777 • from $350,000 12 Degrees 416-408-1200 • from $350,000 The Berwick 416-922-9425 from $280,000 The Mercer 416-597-6940 • from $350,000 Imperial Plaza 416-925-2501 • from $986,000 Yorkville Plaza 416-966-3003 • Backstage on the Esplanade 416-777-2533 Backstage on the Esplanade 416-777-2533 Vero 416-798-7070 from $250,000 Tableau Condominiums 416-591-8887 • • from $450,000 Tableau Condominiums 416-591-8887 • • from $350,000 Tableau Condominiums 416-591-8887 • • from $350,000 Carmelina 416-423-8500 • from $325,000 The Yorkville Condominiums 416-987-3344 • • from $550,000 L Tower 416-777-2533 • from $410,000 Perspective Condos 416-242-3500 from $296,000 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 Cinema Tower Condominiums 416-203-2020 • from $450,000 FAD Condos 416-815-1818 • from $250,000 30 Roe 416-915-3812 • from $350,000 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 Upper Beach Townes 416-693-7500 • from $420,000 The Massey Tower 416-966-0197 • • from $320,000 109OZ 416-531-4844 • from $300,000 The Sterling 416-777-2533 • • from $230,000 Canary Park Condominiums 416-603-7576 • from $250,000 Wallace Walk 416-531-1818 • from $210,000 Duke Condos junctionlife.ca King Charlotte 416-368-5262 • from $416,000 Theatre Park 416-368-5262 • from $537,000 FWD at Concord CityPlace 416-813-0999 • •

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

Finder 18L 23H 14M 12N 12N 12N 12N 12F 17L 15D 15I 25B 17m 17m 13H 15H 14E 19L 16L 15M 9k 14L 17k 13H 13N 18D 16J 16M 15I 15L 18N 15J 17I 14M 14M 19L 14B 13J 11F 16J 16J 14M 9I 9I 9I 14G 14G 14D 16M 13i 20J 15M 15M 13M 13M 13M 17N 18L 18L 13N 15I 15I 14J 17M 17M 9j 9J 14M 17L 14i 14i 14i 15K 15K 18J 18J M14 16J 16m 17M 12N 5L 5L 14M 15I 16J 16J 12N 16L 15L 14D 15M 15I 15I 17M 17M 17M 15L 15L 15L 23J 15G 17L 4H 14L M12 14I 15M 15J 15J 12H 12H 14D 19K 14F 14M 14M 14D 16M 16M 12M 15M 16L 16L 24G 16L 12M 9L 18L 9L 8K 15M 16M 15M

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

torontoregionalmaps: Toronto, East York, York

# 18 19 20 21 21 21 21 22 24 25 26 28 29 29 30 31 32 33 34 35 36 37 38 39 40 43 44 45 46 47 51 53 54 55 55 56 57 59 60 62 63 64 66 66 66 70 70 71 72 78 81 83 84 85 85 85 88 94 101 102 103 103 104 106 106 109 109 110 114 117 117 117 118 118 120 120 122 126 128 129 130 131 131 133 134 135 135 136 137 141 142 148 149 149 151 151 151 153 153 153 154 155 157 162 165 170 173 175 179 179 184 184 185 186 188 189 191 192 195 195 197 198 200 200 201 206 207 210 215 217 219 220 221 223

123

101

Steeles Ave

North York c

400

21 22

121

124

40 8 2 50 10 4

128

401

123

401 3

25 122

130

125

132

torontoregionalmaps: North York

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

124

Builder

6 9 96 121 1 2 3 3 4 4 5 6 6 6 6 7 8 10 10 10 14 21 25 25 28 33 37 40 49 50 50 95 96 96 96 99 101 122 122 122 123 124 125 128 128 130 132

Concord Adex Sorbara Group ELAD Canada Liberty Development Corp. Concord Adex Torbel Group YYZed Project management Tiffany Park Homes Tridel Corporation Tridel Corporation Lindvest Concord Adex Concord Adex Concord Adex Concord Adex Fram Building Group Conservatory Group Bazis Inc. metropia Plaza Torbel Group Tridel Corporation Context Development Inc. metropia Tridel Corporation Castle Royale Development Norstar Group of Companies Menkes Developments Inc. Greenland Group MintoUrban Communities Inc. Devron Developments Aspen Ridge Homes ELAD Canada ELAD Canada ELAD Canada The Brown Group of Companies Kantium Development Lanterra Developments Lanterra Developments Lanterra Developments Brandy Lane Homes Tridel Corporation Fram Building Group The Daniels Corporation The Daniels Corporation Tribute Communities Fram Building Group/Cadillac Fairview

*TH: Townhomes, C: Condo

Site

Telephone

TH* C*

Price Range

Page

Omega on the park 416-813-2999 • • 38-39 Beacon beaconcondos.ca • from $270,000 61 The Colours of Emerald City coloursofemeraldcity.com • from $250,000 81 World on Yonge 905-771-7010 • from $284,000 35 Opus 416-813-2999 • • The Avanti Condominiums 416-636-0400 from $390,000 VISTO vistocondos.ca from $220,000 Westhaven 416-792-6655 • from $633,000 Hullmark Centre 416-733-2883 • from $524,000 Aristo at Avonshire 416-730-0300 • from $383,000 The Brownstones at Westown lindvest.com from $330,000 Tango at Concord Park Place 416-813-2999 • • from $236,000 Discovery at Concord Park Place 416-813-2999 • Discovery II at Concord Park Place 416-813-2999 • • from $210,000 Tango2 at Concord Park Place 416-813-2999 • from $265,000 SOUL mysoulcondos.ca from $250,000 Pearl 2 Condominiums 416-512-1818 • Emerald Park 416-221-8802 • from $188,000 Emerald Park 416-221-8802 • from $188,000 Emerald Park 416-221-8802 • from $188,000 Diva Condo DivaCondo.com from $225,000 Argento 416-663-1818 • from $562,000 The Yorkdale Condominiums 416-781-9990 • from $170,000 The Yorkdale Condominiums 416-781-9990 • from $170,000 Alto at Atria 416-645-8866 • from $288,000 The Palm Condominium Residences 416-306-1000 • from $400,000 Portrait Condominiums 416-282-9600 • from $300,000 Gibson Square 416-730-9722 • from $385,000 King Blue 416-599-1355 • from $250,000 88 416-915-3805 • from $325,000 Flo Condominiums 647-799-0356 • from $250,000 Scenic on Eglinton 416-805-1781 • Emerald City Condominiums 416-492-0001 • from $256,000 Dreamtower At Emerald City 416-492-0001 • from $248,000 Biyu Emerald City biyucondos.com • from $250,000 Willow Park at Bayview 416-221-6767 • from $400,000 Posh Condominiums 905-771-0134 • from $544,000 Treviso Condominiums 416-787-8882 • from $250,000 Treviso II 416-787-8882 • from $250,000 Treviso III 416-787-8882 • from $250,000 The Station 416-398-9777 • from $420,000 Trio at Atria 416-645-8866 from $255,000 LIV Lofts 416-445-5638 • from $250,000 NY Place 416-221-3939 • from $250,000 NY2 416-221-3939 from $250,000 Canterbury 647-352-2130 • • from $700,000 Flaire Condos 416-445-8868 • from $320,000

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

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

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

Islington Ave

Dixon Rd

12 Etobicoke

409

ett R Scarl

Av e

Westway

Rathburn Rd

19 ll R Mi

44 Bloor St W

Da nf or th

Kipling Ave

Dundas St W

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

Queensway

11 56 4 39 37 6 33 17 18 19

Gardiner Expressway Evans Ave

Horner Ave

Park Lawn

QEW

50 8 5 51

Royal York Rd

Scarborough

*TH: Townhomes, C: Condo

Builder Tridel Corporation Concert Properties Monarch Corporation Queenscorp Residences Liberty Development Corp. Monarch Corporation Remington Group Lash Group of Companies Insoho Developments Esquire Homes Windcatcher Development Corporation Henderson Development Limited Stanton Renaissance Stanton Renaissance Devron Developments Lemine Investment Group Monarch Corporation Monarch Corporation Conservatory Group Great Gulf Menkes Developments Inc. Wilkinson Developments Lash Group of Companies Carttera Camrost - Felcorp Camrost - Felcorp National Homes Averton Homes Infinity Developments Times Group Corp. ICON Homes Monarch Corporation Empire Communities Tridel Corporation Amexon Development Corporation Tridel Corporation 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

Martin Grove Rd

Finch Ave W

# 8 16 18 25 28 39 46 71 1 1 1 2 2 2 3 3 4 5 6 7 7 9 10 10 11 11 12 13 14 17 19 29 33 35 37 44 50 51 55 56 60 61 61 62 65 70

bio

Ranforth Dr

Manse Rd

Galloway Rd

401

ve nA

21 22

lva

sto

Passmore Ave

Centennial

Orton Park Rd

Markham Rd

McCowan Rd

Bellamy Rd

St. Clair Ave

Scarborough Golf Rd

n Dr

orto

Lawrence Ave E

East Ave Port Union Rd

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

Victoria Park

Progress Ave

Brim

Eglinton Ave E

427 Morrish Rd

Brimley Rd

Warden Ave

Pharmacy Rd

Birchmount Rd

Kennedy Rd

Ellesmere Rd

Humberline Dr

55 Midland Ave

401

Beare Rd

Sheppard Ave E Conlins Rd

Milner Ave

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 Islington Terrace 416-645-8862 • from $250,000 BC 23F The KIP District thekipdistrict.com • from $249,000 79 22G Lago 416-495-3544 • from $200,000 Insert 24c Watermark 416-354-2221 • from $350,000 121 19D Terrace on Danforth 416-987-7575 • from $253,000 35 2F Waterscapes 416-495-3544 • from $400,000 Insert 26H Park Towers at IQ 416-253-5838 • from $170,000 115 22G Me Condos 416-430-0003 • from $250,000 109 8D Imagine Condos 416-367-7303 from $235,000 4F Three Seven Condos & Lofts esquirehomes.ca • from $210,000 11D Atwater Condos 905-271-5038 • from $280,000 12B Centro 416-296-1898 • from $185,000 6D On The Go Mimico 647-692-8417 • from $250,000 23C On The Go 647-692-8417 • from $250,000 23C The Academy academycondos.com • from $220,000 10D The Academy academycondos.com • from $220,000 10D Nautilus at Waterview 416-203-6636 • from $400,000 25H The Epicurean 416-495-3530 • from $250,000 23F Altitude 416-321-1659 • from $230,000 25H One Sherway Condominiums 416-695-3535 • from $280,000 16G One Sherway Condominiums 416-695-3535 • 16G Hunt Club Terrace 416-698-3020 • 2H Cloud 9 Condominiums 416-747-0199 • from $230,000 22B Cloud 9 Condominiums 416-800-0812 • from $230,000 22B ilofts at Mystic Pointe 416-251-8888 • from $310,000 25G California Condos 416-251-8888 • from $242,000 25g Richview 416-746-1234 • from $570,000 22E Jasmine Condominiums 416-702-1234 • from $250,000 2C Residences at The Hunt Club 416-699-1711 • from $300,000 2H Key West Condominium keywesttorontocondo.com from $320,000 24H Royal York Urban Towns 416-901-0206 • from $220,000 23H Encore 416-495-3544 • 5D Beyond The Sea Star Tower Condominiums 416-979-1333 • • from $400,000 24H Parc Nuvo at Essex 416-231-0999 • from $456,000 22g South Beach 416-252-3000 from $209,000 25H West Village 416-620-1887 • from $290,000 21F 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

125

21 22

Va lle yP ar kw n Do

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3 60 shore Lake W Blvd

QEW

Jarvis

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Toronto Waterfront

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

waterfrontmaps: Toronto

126

Builder

Site

Telephone

TH* C*

Price Range

Page

Finder

18 URBAN CAPITAL

River City 2

416-862-0505

• from $276,000

16F

58 GREAT GULF

Monde

416-466-8885

• • from $304,000

17E

Concord Adex

FWD at Concord CityPlace

416-813-0999

• •

13F

Concord Adex

Quartz at Concord CityPlace

416-813-0999

• •

12F

Concord adex

ParadeTWO Park Collection at Concord CityPlace 416-813-0999

• from $308,000

15M

Monarch Corporation

Nautilus at Waterview -

416-203-6636

• from $400,000

25H

tridel corporation

Aqualina at Bayside Toronto

416-514-2710

•

16E

Cresford Development Corp.

NXT at Windermere By The Lake

416-977-5300

• • from $350,000

11f

Cresford Development Corp.

NXT2/Phase Two

416-977-5300

• • from $210,000

CONCORD ADEX

Spectra at Concord CityPlace

416-813-0999

• •

14F

10 Great Gulf

Twenty Lombard

416-499-8883

• from $492,000

16K

11 CAMROST FELCORP

California Condominiums

sunsetcondos.ca

• from $242,000

25G

29 PINNACLE INTERNATIONAL

33 Bay Residence at Pinnacle Centre

416-925-3325

• • from $375,000

15F

60 CANALFA GROUP

Liberty Central by the Lake

416-537-0047

11F

*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

Phillip Mur

Lindsay

Uxbridge TH* C*

Price Range

Lake

Scug

Manvers

Page

Finder

Scugog

• from $390,000

Insert

13B

Newcastle

e or

ly Bay

W Rd e La

Riva Del Lago

416-495-3544

• from $350,000

Whitby

Oshawa

Insert

24c

401

Watermark

416-354-2221

• from $307,000

121

19D

28 empire communities

Eau Du Soleil - Waterfront Condominiums

416-503-3328

• from $320,000

6-7

25B

windcatcher development corp.

Atwater Condos

905-271-5038

• from $280,000

12C

Stanton Renaissance

On The Go

647-692-8417

• from $250,000

23C

chestnut hill development

San Francisco By The Bay

905-831-3631

• • from $180,000

23J

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

ge id Br

ds Q or ue Dr en S

in lW

Ro or ke

sh ke

Qu ee

W Rd

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

M Rd

Ce re m on ia hb ur n

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Rd e dl id

King

Schomberg

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

Bloor St Park Rd S

Whitby 7 Waterfront

Stevenson Rd

Thornton Rd

Wentworth St

401

Gibb St

Park Rd S

W St as

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

ita Br

Th e

Rd Bu rn ha m th or pe

W Rd

ac or D o Co e na r Rd ld nwa E ll R Rd d

W Rd ry De r

W sA ve le ee St

King St W Bond St W

Centre St.

Adelaide Ave

Kendalwood R

Garrard Rd

Blair St

416-495-3544 48

Hopkins St

Telephone

Bradford Tecumseth and Tottenham Waterscapes

Garden St Blair St

Cannington

East Gwillimbury Further North Waterfront 400

Bayly St E Georgina Island 33 caygeo Bob

Ajax-Whitby

Keswick

Shoal Point Rd

riv

Georgina

Brock St S Henry St Gordon St

Sim

Westney Rd S

e 401

Pickering Beach Rd

Harwood Ave

Finley Ave

Cochrane St

Oro

Dundas St E

Rossland Rd

Manning Rd

Town of Whitby

Kingston Rd

McQuay

Dryden Bv Anderson St

Taunton Rd W

Rossland Rd

Townline Rd

eS co Sim

Stevenson Rd

Garden St

Baldwin St S

Conlin Rd

25 queenscorp residences

*TH: Townhomes, C: Condo

To Os

Thornton Rd

Thickson Rd

Lakeshore Blvd E

Brock St N

Garrard Rd

Church St E

Country Lane

8 Con

Evans Ave

Coronation R

Lakeridge Rd

Baldwin St N

Halls Rd N

Mara

Audley Rd

Duffs Rd

Park Lawn Cedarbrook T

Royal York Rd

Cochrane

Country Lane

Lake Ridge R

Audley Rd

Salem Rd

Stevenson Rd

Ashburn Rd

Taunton Rd WWaterfront Etobicoke

Town of Ajax

Magill Dr

orth Dr d ll R Mi

Salem Rd

Fifth Conces 12 11 9

28 Village of Gardiner Expressway in Brookl 2

Queensway

Horner Ave Rossland/Winchester

Alliston,

Adjala 9

Lak

18 Monarch Corporation

Ravenscroft

Mono

Church St S

Squires Beach Rd

Hwy 5

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

Delaney Dr

400

Beeton, Site

11 MonarchShelburne Corp.

Essa

QEW

Mississauga Taunton Rd E Waterfront Orillia

Barrie

21 22

Dundas St W

Westney Rd N

Church St N Riverside Dr Notion Rd

Tosorontio Everett

k Builder

Brock Rd

Sandy Beach

Liverpool Rd

Montgomery F

4 Sideline R

16 Sideline

Brock Rd

Brock Rd sR Oak jor Ma Valley Farm

Liverpool Rd

Bracebridge

400

Brawley Rd Bloor St W

6 Concession

Vespra 401

Angus

Columbus Rd

Greenwood Rd

em ou

Whites Rd

rlo

Rossland Rd

Sunnidale Oakville Granite Court 90 Waterfront Lisle

7 Concession

Myrtle Rd W Rathburn Rd

4 Sideline

n tio

24 ings K

Glenanna Rd

Appleview Rd

Sprduce Hill R

R ton

400

a St

Dixie Rd

Stroud's

Wasaga Beach

QEW

Tay

nR Devo

8 Concession

Paddock Rd

16 Sideline

Brock Rd

Rd is av

Midlandd

Fairport Rd

Sheppard Ave

d nR

dia

4 Concession Dr Ford

ng 6 ill Finch hAve Ga te Highview Rd

Q 3 Concession rr

W QECa

tti

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Altona Rd

Tr em

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ne Li

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5 Concession

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Oakville

Georgian Bay

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Altona Rd

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4 Concession Tr af a

W ol

City of Mississauga ering Pick

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1 40

20 Sideline Rd

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24 Sideline

St 28 Sideline rio ta on 30 Sideline

9 Concession

127

Model Suite Compliments of Great Gulf

www. www.greatgulf.com

Great Gulf’s Yonge + Rich, inspired living at the centre of it all.

NOVEMBER2014 Great Gulf has been featured as “MODEL SUITE OF THE MONTH” as seen in the New Condo Guide model suite calendar

HOMEBUYERS’ HELP

condo buyers’

resource section

YOU LOVE THE CONDO, SEE WHAT YOU CAN AFFORD! Compare mortgage rates for your best deal Calculate your mortgage payments using the mortgage payment calculation chart

NOVEMBER 8 - 22, 2014 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 Determine the appropriate five-year fixed mortgage rate, which is easiest to qualify for. 02 Look down the left column of the table on the opposite page to find the rate (rounded to the nearest 1/4 per cent).

130 NEW CONDO GUIDE NOVEMBER 8 - 22, 2014

03 Choose your desired amortization period across the top of the table (25 years has lowest payment and is easiest to qualify for first-time homebuyers).

04 At the intersection of the column and row is your mortgage payment per month per $100,000 borrowed.

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

15 YEARS

20 YEARS

25 YEARS

30 YEARS

2.50%

$666

$529

$448

$394

2.75%

$678

$541

$461

$407

3.00%

$690

$554

$473

$421

3.25%

$702

$566

$486

$434

3.50%

$714

$579

$499

$448

3.75%

$726

$591

$513

$461

4.00%

$738

$604

$526

$476

4.25%

$750

$617

$540

$490

4.50%

$763

$630

$553

$504

4.75%

$775

$644

$567

$519

5.00%

$788

$657

$582

$534

5.25%

$801

$671

$596

$549

5.50%

$814

$684

$610

$564

5.75%

$827

$698

$625

$579

6.00%

$840

$712

$640

$595

6.25%

$853

$726

$655

$611

6.50%

$866

$741

$670

$626

6.75%

$880

$755

$685

$642

7.00%

$893

$769

$700

$659

Table provided by Calum Ross, owner, president and principal broker at Calum Ross Mortgage. He can be reached at 416.410.9905, calum@calumross.com and calumross.com NOVEMBER 8 - 22, 2014 NEW CONDO GUIDE 131

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HOMEBUYERS’ HELP

Compare mortgage rates for your best deal CHARTERED BANKS

Variable

6 Months

1 Year

2 years

3 years

4 years

ATB Financial 2.7 4 2.94 2.89 2.99 3.04 6.30op 6.30op 6.50op Alterna Svgs/Alterna Bk 2.6 4 2.98 2.98 2.98 2.94 6.30op 6.30op Bank of Montreal 3 4 3.14 3.04 3.85 4.39 6.30op 6.30op Bank of Nova Scotia 2.6 4.55 3.29 2.79 3.44 3.94 6.45op 6.50op Canadian Western Bank 4 3.14 3.04 3.75 4.39 6.45op 6.30op CFF Bank 3.69 3.75 2.59 3.79 CIBC 3 2.99 2.79 3.65 3.14 6.70op 6.35op ICICI Bank Canada 3.05 3.15 3.65 3.64 3.69 Manulife Bank 2.7 4.45 3 3.04 3.04 3.09 3.50op National Bank n/a 4.4 3.14 3.04 3.75 3.09 6.70op 6.70op President’s Choice Financial 2.75 2.94 2.84 2.89 Royal Bank 3 3.14 3.14 3.95 3.14 6.30op 6.30op TD Canada Trust 3 3.09 3.04 3.44 3.14 6.30op Tangerine 3 3.19 3.24 3.49 3.69

5 years 3.19 3.19 3.29 3.19 4.99 3.04 3.24 3.89 3.09 3.39 4.44 3.24 3.24 3.79

TRUST COMPANIES Community Trust n/a Concentra Financial n/a Effort Trust n/a Home Trust Company 2.5 Investors Group Trust n/a MTCC 2.6

6.5 5 6.70op 4.45 6.30op 3.95 4.2 6.50op 4.55 6.45op

3.14 3.25 3.95 4.74 2.99 3.04 3.44 3.94 6.30op 3.45 3.6 3.7 4.6 6.30op 2.89 2.89 2.79 2.94 3.14 3.14 3.75 4.64 6.30op 3.29 2.79 3.44 3.94 6.50op

Airline Financial C.U. 4 Comtech Credit Union 2.95 6.2 6.40op First National Fin. LP 3.95 FirstOntario C.U. 2.6 6.34op IC Savings London Life n/a 4.2 6.50op Luminus Financial 2.7 MCAP 2.5 Meridian Credit Union 2.75 4 Parama Credit Union 2.85 Steinbach Credit Union 2.5

3.01 3.1 3.33 3.65 6.25op 2.99 3.25 3.29 2.99 6.30op 2.99 2.59 2.69 2.89 3.09 3.14 3.29 2.84 6.34op 3.05 2.99 2.99 3.39 3.14 3.14 3.75 4.64 6.30op 2.95 2.75 2.55 2.85 6.30op 3.6 3.95 4.35 4.89 3.09 2.65 3.65 3.29 6.30op 2.85 3.05 3.15 3.25 3.00op 2.65 2.8 2.9 2.95

4.99 4.79 4.95 2.95 4.99 3.19

OTHER FINANCIAL INSTITUTIONS 3.99 2.99 3.09 3.19 3.39 4.99 3.2 5.14 3.19 3.4 3.1

Notes **Interest rate charged subject to adjustment during term mortgage. Please consult institution for term of years available. All rates are prime rates and subject to change without notice. R.O.R. RATES ON REQUEST op OPEN ----- NOT QUOTING N/A NOT AVAILABLE Prepared by http://www.FiscalAgents.com/mortgage/rates

NOVEMBER 8 - 22, 2014 NEW CONDO GUIDE 133

index of advertisers 45 Charles Ltd. - Chaz Yorkville Condos

Liberty Development Corp. - Legacy Park

AMACON - The Residences at Parkside Village

Liberty Development Corp. - Royal Gardens

Amexon Development Corporation - The Residence of 488 University Avenue 59

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Aragon Properties - Enigma on the Park

Liberty Development Corp. - World on Yonge

Lifetime Developments - The Bond Condominiums

Luxury Living Magazine - Promo

Madison Homes - Zigg St.Clair West

Malibu Investments Inc. - Smart House

Menkes Developments Inc. - Corporate

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117

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100

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Concord Adex - Omega on the park

38-39

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Minto Communities Inc. - West Side

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Monarch Corporation - Corporate

Insert

Monarch Corporation - Garden Court

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136

Monarch Corporation - Lago

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136

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IBC

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113 85

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6-7

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132

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Rio Can - E Condos

Rockport Group - The Nest

Sorbara Group - Beacon

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The Daniels Corporation - High Park Condominiums

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Tribute Communities - The College

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101 27 128

Great Gulf - Monde

Great Gulf - One Bloor Residences

Great Gulf - Pace

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103

Lamb Development Corp. - The Harlowe

Lanterra Developments - Riverhouse at the Old Mill

Lanterra Developments - Teahouse

Tridel Corporation - Aquavista at Bayside Toronto

IFC

Tridel Corporation - Islington Terrace

Triumph Developments - Howard Park 2

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Liberty Development Corp. - Centro Square Condos 2 134 new Condo Guide November 8 - 22, 2014

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DESIGN. LOCATION. STYLE. PASSION. TRUST. The locations you love. The designs you desire. The details you demand. A Cresford condominium is luxury living defined. For over 40 years Cresford has been at the forefront of the luxury condominium market. The first developer in Canada to pair its condominium designs with international fashion labels, we set the standard for superb quality, trusted security and cutting-edge style. Cresford is known for building such recognizable condominiums as the Thornwood at Summer Hill and Merchandise Lofts, an iconic true loft conversion in downtown Toronto.

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Introducing the next wave in waterfront living.

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Illustrations are artist’s concept only. Building and view not to scale. Tridel®, Tridel Built for Life®, Tridel Built Green. Built for Life.® are registered trademarks of Tridel and used under license. ©Tridel 2014. All rights reserved. E.&O.E. November 2014.

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Steps to Islington Subway Station. Find your connection at Islington Terrace. Close to the subway and moments from QEW and Hwy 427. Surrounded by stately residential neighbourhoods, Islington Terrace is destined to become the defining statement on Etobicoke City Centre’s skyline. Choose from 1 bedroom, 1 bedroom + den, 2 bedroom and 2 bedroom + den suites.

A Tridel Built Green. Built for Life.® community. Rendering has been visually enhanced to better represent the architecture of Islington Terrace. Buildings located at 50 Cordova Ave. and 24 Mabelle Ave. have been removed. The following Islington Terrace amenities spaces will not be complete or available for use at the time of Tower 1 occupancy: Swimming Pool, Basketball Court, Party Room, Dining Room, Games Room, Children’s Play Room, Theatre, Outdoor Lounge, Splash Pool, Sundeck and Children’s Outdoor Play Zone. These amenities will be provided upon completion of futures phases of the development.*Prices and specifications are subject to change without notice. Tridel ®, Tridel Built for Life ®, Tridel Built Green. Built for Life.® are registered trademarks of Tridel and used under license. ©Tridel 2014. All rights reserved. E.&O.E. November 2014.

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