GTA New Condo Guide, Dec 6, 2014

[ 4-WEEK ISSUE ]

Dec 6, 2014 - Jan 3, 2015 Volume 18 Issue 23

MOVE IN 2015 AT RICHMOND & DUNCAN

Visit us at studiocondos.ca INSIDE THIS ISSUE

HOUSING OUTLOOK 2015: FULL STEAM AHEAD!

UNDERSTANDING CONDO FEES

16 MUST-HAVE GIFTS FOR THE HOLIDAYS

DOCKING SOON

Standing room only.

Redefining life on the water’s edge.

Tridel®, Tridel Built for Life® are registered trademarks of Tridel and used under license. ©Tridel 2014. All rights reserved. E.&O.E. December 2014.

tridel.com

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EDITOR’S NOTE

A NEW YEAR, A NEW CONDO Those planning a new condo purchase in the coming year will be pleasantly surprised by the exceptional value and attention to detail buying new has to offer. When you buy brand new, you don’t inherit somebody else’s worn carpeting, personal taste in kitchen appliances or paint colour preferences.

You get a fresh, clean space that’s waiting for your personal imprint.

Here are some tips to help make the purchasing 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. ›› Find a lawyer to review your offer and help you close the deal. ›› Don’t be persuaded by high-pressure sales tactics while shopping. ›› Determine which options and upgrades you want as part of your offer and ensure your lender will finance what’s required.

Factors like the cost of the home, neighbourhood and extra features play a big role in your final decision. Consider your purchase from every angle to ensure you’re making a smart move that you can live with for years to come.

A new year represents a fresh start, so kick it off right and make a new condo part of your plan in 2015!

YOUR HOLIDAY WISH LIST

LYDIA MCNUTT EDITOR

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

If a new condo is on your holiday wish list this year, then you’re in for a treat. Today’s condominiums literally bring the term “dream home” to life, from the luxurious lifestyle they offer to the stunning suite designs with all the trimmings. And when I say “trimmings,” I mean the works: the finest features and the most fashionable finishes, and plenty more to enjoy beyond your front door.

The festive season is in full swing. Condo living lets you make a lasting impression with guests from the moment they step into the stunning entrance lobby, to the party room where they can dine and dance into the wee hours. Your soiree will be the hottest ticket in town.

Beyond entertaining guests, there’s a lot to love about the condo lifestyle from day to day. A dip in the pool, a work-out at the gym, the games room, the theatre – they’re all yours to enjoy without ever leaving the comfort of home. How’s that for delivering on your wish list?

Then again, the simpler aspects of condo living should not be overlooked, like not having to shovel snow off your driveway, and the freedom to lock-and-leave when the Caribbean comes a-calling in the dead of winter.

All things considered, it’s no wonder that condo living has taken a top spot on the wish lists of many homebuyers of all ages and stages in life.

Live it, and love it. Happy holidays!

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

PRICES AND SPECIFICATIONS SUBJECT TO CHANGE. E.&O.E. BROKERS PROTECTED

DEC 6, 2014 - JAN 3, 2015 | 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 Hirsh

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 Hirsh is president and CEO of Brandy Lane Corp. David prides himself on his creative hands-on approach to all stages of the development and building process. The company’s newest communities are Wyldewood Cove in Collingwood, and coming soon, The Davies, at Avenue Road and Cottingham.

Visit BrandyLaneHomes.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

INVESTOR ADVICE

MORTGAGE ADVICE

MAKE YOUR MOVE

Andrew la Fleur

Alyssa Richard

Chuck Resnick

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

Alyssa Richard is the founder and CEO of ratehub.ca, a mortgage rate comparison site that aims to empower Canadians to make smart financial decisions.

Chuck Resnick is vice-president of marketing and operations at Two Men And A Truck – Canada, a division of Heron Capital Corp. He can be reached by visiting online at twomen.ca and by calling 416.204.0007.

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.

@BazisInc DEC 6, 2014 - JAN 3, 2015 | NEW CONDO GUIDE 3

*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.

6 NEW CONDO GUIDE | DEC 6, 2014 - JAN 3, 2015

OWN A PIECE OF TORONTO’S WATERFRONT NEW RELEASE OF UNOBSTRUCTED WATER-FACING VISTAS AND OVERSIZED TERRACE SUITES Where the city meets the waterfront and fantasy meets reality, an extraordinary vision of lakefront luxury takes shape. Eau Du Soleil Condominiums, Toronto’s ultimate waterfront address, with endless city and lake vistas, luxurious suite designs and inspired resort-style amenities.

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8 NEW CONDO GUIDE | DEC 6, 2014 - JAN 3, 2015

BRIGHT LIGHT S,BIG CIT Y CONDOMINIUMS AT YONGE & EGLINTON

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DEC 6, 2014 - JAN 3, 2015 | NEW CONDO GUIDE 9

BILD REPORT

// BY BRYAN TUCKEY

New neighbours bearing the

BULK OF THE BURDEN

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.

I

t’s great to see the experts confirming what our association has been saying for many years.

A recently published report by the Centre for Urban Research and Development (CUR) identified the economic consequences of relying on development charges to fund growth-related water and wastewater infrastructure.

It compares growth-related infrastructure funding of water and 10 NEW CONDO GUIDE | DEC 6, 2014 - JAN 3, 2015

wastewater with that of other utilities such as natural gas, telecommunications and electricity. While the latter simply price their services to cover all current and capital costs and generate a profit, the former is funded entirely by development charges.

The study, written by economist Frank Clayton, found that this funding method adds an additional $26,000 in development charges to the cost of each new home – an amount paid by new-home buyers who are already challenged by record-high prices.

Is it fair to expect new neighbours to bear the bulk of the cost of infrastructure by funding water and wastewater providers differently than other similar businesses?

A study conducted by the Altus Group for BILD in 2012 showed that government fees and charges on average add up to about 20 per cent of the cost of a home. Development charges make up a considerable part of that amount, and continue to increase in municipalities across the region.

BILD has long advocated for fair and reasonable development charges across the GTA, as it is not the new neighbours’ responsibility to fund infrastructure that all residents will use for generations to come. They already do their fair share, contributing more than $1 billion per year in development charges.

I applaud CUR for taking a fact-based approach to this report and helping elevate the debate about infrastructure funding in our region.

Development charges have played a key role in the increasing cost of new and existing housing across the region, making it difficult for GTA residents to be able to afford a home. They also act as a barrier to growth of local businesses, which are finding it challenging to remain competitive in the marketplace.

To ensure that our industry can continue to build homes that people can afford, and to ensure that local businesses can remain competitive, it is important to look into all available sources of revenue and different, proven models to deliver much-needed infrastructure to GTA residents.

Clayton concludes that shifting the financing from development charges to user fees over a transitional period of five years would have a number of benefits to the wider community in the GTA. He recommends that these new utilities be administered by a board of directors consisting of members from the business community, with municipal politicians and staff playing a limited role.

The report also recommends that the Province appoint an advisory committee to provide advice on the implementation of the change. The committee should include representation from municipalities, the development/ building community, and the broader business and non-business communities.

To read the report or learn more about CUR, please visit ryerson.ca/cur

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TABLE OF CONTENTS

Dec 6, 2014 – Jan 3, 2015 VOLUME 18 ISSUE 23

20

ASPEN RIDGE

marries art and architecture at Studio

COLUMNS, NEWS & FEATURES 002 EDITOR’S NOTE COLUMNISTS

010 BILD REPORT New neighbours bearing the bulk of the burden

BY BRYAN TUCKEY

016 INVESTOR ADVICE Should you invest in a new condo?

BY ANDREW LA FLEUR

018 STAT CHAT Is the Toronto condo market predictable?

BY BEN MYERS

022 MORTGAGE ADVICE Size matters when it comes to mortgaging micro condos

BY ALYSSA RICHARD

064

034 LEGALLY SPEAKING How does the ‘closing date’ work?

BY JAYSON SCHWARZ

042 CONDO PRO Understanding condo fees

BY BARBARA LAWLOR

048 FUNDAMENTALLY SPEAKING Housing outlook 2015: Full steam ahead

BY WAYNE KARL

052 QUICK TIPS The impact of stuff

BY HELLEN BUTTIGIEG

054 TAXING ISSUES A purchasing plan

BY HENRY CHOO CHONG

058 MAKE YOUR MOVE Blizzards, black ice and moving

BY CHUCK RESNICK

068 INDUSTRY INSIDER Charity begins at home

BY DAVID HIRSH

070 DESIGNER ADVICE The Magic Carpet Guide

BY YANIC SIMARD

IN THE NEWS

024 SMASHED Annual charity ping-pong tournament triples proceeds, donates to Lifeline 028 TRIDEL Tridel unveils interactive art at 300 Front Street West

056 TRIUMPH DEVELOPMENTS Put yourself in the picture at Howard Park 2 in Roncesvalles Village 076 CONCERT PROPERTIES Concert Properties provides shelter for homeless youth 084 CANARY DISTRICT Canary District and YMCA of Greater Toronto team up for fun and fitness 088 CASTLE GROUP DEV. Insignia Residences create iconic address by Bayview Village 090 GREENPARK GROUP & FIELDGATE HOMES Axiom breaks ground on Adelaide Street East

050

086

CONDO PROFILES

050

PEMBERTON GROUP

Multiple sites An exciting selection of condominium choices from Pemberton Group

086

ARAGON PROPERTIES

Enigma on the Park Boutique condominium coming to Toronto’s Bloordale neighbourhood

102

G GROUP

Grand Palace Luxury reigns in Richmond Hill

102

106 VANDYK GROUP Amenities promote social living at The Craftsman Condominium HOMEBUYERS’ HELP

030 SURVEY SAYS...

Homebuyers prefer “efficient locations” over space 033 STYLE FILE Festive flair

BY SARA DUCK

064 BUILDER PROFILE 10 Minutes With...

Plaza’s Scott McLellan 078 MARKETPLACE 2014 Holiday Gift Guide

BY SARA DUCK

082 CONDO WATCH 416 Previews, new releases and grand openings in the 416 area 100 CONDO WATCH 905 Previews, new releases and grand openings in the 905 area 112 HOT DATES GTA events to check out 113 CONDO BUYERS’ RESOURCE SECTION 118 ADVERTISER INDEX

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OL OLD MILL INN Marketing Management by Anne Lambrou Living Visions Inc. Prices and specifications subject to change without notice. Promotions may be changed and/or cancelled at any time without notice. Illustrations are artist’s BLOOR STREET WEST concept. E.&O.E.

14 NEW CONDO GUIDE | DEC 6, 2014 - JAN 3, 2015

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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.

DEC 6, 2014 - JAN 3, 2015 | NEW CONDO GUIDE 15

INVESTOR ADVICE

Should you invest in a

// BY ANDREW LA FLEUR

NEW CONDO? You absolutely should invest in a new condo this year but there are a few things you need to know:

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

Y

ou have some money saved up and it’s not doing anything in the bank. Investing in a condo has always been something you’ve thought about, and now you are finally ready to take action. Good!

Now the question that keeps coming up in your head is, “Should I invest in a condo this year?”

The question behind the question is, “Will I be better off if I wait?”

Waiting for the stars to align or trying to “time the market” is a fools’ game. Instead, you should first decide if you are going to invest in a new condo, then make a plan, then go out and do it.

Waiting for the stars to align or trying to “time the market” is a fools’ game 16 NEW CONDO GUIDE | DEC 6, 2014 - JAN 3, 2015

Everything that you’ve heard is wrong. It seems everyone has an opinion on the real estate market and whether or not there is a condo bubble in Toronto. We hear the so called experts chiming in just about every week from New York or who-knows-where, telling us that our market is 25 or 50 or 2,000 per cent overvalued and that it’s all going to crash.

Every party you go to, every family gathering, the topic of real estate seems to come up and everyone has their own opinion and reason why you shouldn’t invest in a new condo.

The problem with all these opinions is the source: they are all from people who have never invested in the condo market. They have no skin in the game!

Asking someone who has never invested in the condo market if you should invest is like asking a vegetarian if you should eat a hamburger! You know what the answer is going to be.

So put aside all the opinions and advice that you’ve heard or seen and do your own research. Talk to people who are investing in the market right now and figure out what makes sense to you, then act!

Good opportunities are always available. Toronto is a massive city. We are the largest condo market in North America. Whether the market is going up, down or sideways, it doesn’t matter because there are great investment opportunities in every market.

So many people believe the lie that there are only good opportunities when the market is red hot, or you should only buy if the market is severely depressed. Seasoned condo investors know this is not how the market works and they always evaluate every opportunity on it’s own individual merits.

Have a system and follow it. In order to be a successful condo investor, you need to have a system and a plan in place that you follow.

If you are a seasoned condo investor and you have been doing this for a long time already, you likely have your systems in place and you keep following them because they have made you a lot of money.

If you don’t have a system or a plan, or you don’t know where to start, don’t try to re-invent the wheel! Instead, contact a realtor who is a specialist in the pre-construction condo market, someone who works with investors every day and can help you figure out the best spots to invest in the market and how to make the most money over the long term.

When you follow the path already laid out by those who have come before you, everything becomes easy.

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STAT CHAT

// BY BEN MYERS

IS THE TORONTO CONDO MARKET PREDICTABLE?

F 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

Forget about trying to predict the market, and just find yourself somewhere great to live 18 NEW CONDO GUIDE | DEC 6, 2014 - JAN 3, 2015

or my last article of the year, I wanted to take a look back at the 2014 condominium market in the Toronto area, which was another solid year for everyone involved. From January to October there were more than 18,600 new condominium apartment sales in the GTA according to RealNet Canada Inc., an increase of 42 per cent over 2013. With two months of activity left to track, the 2014 sales have already surpassed the forecasts of Will Dunning Inc. (13,950), Urbanation Inc. (15,500), my Fortress forecast (16,250) and Central1 Credit Union (16,400).

With the top analysts missing on their forecasts for another year, it begs the question: Why is the Toronto highrise condominium market so hard to predict? I’ve been reading an interesting book called Naked Statistics by Charles Wheelan, which has a great paragraph where he provides his answer to the dilemma of data analysis. “Even in the best of circumstances, statistical analysis rarely unveils ‘the truth.’ We are usually building a circumstantial case based on imperfect data. As a result, here are numerous reasons that intellectually honest individuals may disagree about statistical results or their implications.”

Toronto has great real estate data, but not perfect data, and even if it was flawless information, it is often how data is presented and manipulated that can alter the consumer’s opinion on it. For example, as of Q3-2014 there were 16,210 unsold new condominiums in the Toronto CMA, according to Urbanation Inc. Seems like a lot, right?

However, on a percentage basis, just 15.7 per cent of the market is unsold – the lowest level in over 25 years!

The condominium investment market is booming in the GTA. According to the Toronto Real Estate Board there were nearly 8,000 condominium units leased in Q3-2014, a 20-per-cent increase from a year prior. Despite this major increase in activity, average monthly rental rates declined annually. However, the better way to examine the rental rates is on a per-sq.-ft. basis, which shows rents increasing year over year!

There is so much data out there and so many opinions, it is very hard to make an accurate prediction about the Toronto condominium market. The exact same data is often being interpreted negatively or positively, based on the preconceived opinion of the person doing the analysis. I’ll leave you with one piece of data to mull over: the last time fourth-quarter pricing was lower than the year prior in the new condominium market was 1996 (per Urbanation). Index prices have increased 218 per cent since the end of 1996.

Forget about trying to predict the market, and just find yourself somewhere great to live. Happy condo hunting and happy new year!

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PRESENTATION CENTRE

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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.

studiocondos.ca • 647.352.7736

COVER STORY

ASPEN RIDGE MARRIES ART AND ARCHITECTURE

AT STUDIO COMMUNITY IN TORONTO

THE ENTIRE CONDOMINIUM

community is a work of art, which is appropriate, as Aspen Ridge’s Studio is located just south of OCAD University and the Art Gallery of Ontario, and the condominium will feature an 8,000-sq.-ft. space that will be available for use by OCAD U as an art gallery.

The brainchild of Les Klein, principal architect at Quadrangle Architects, Studio’s two soaring towers are dramatic avant-garde stacked rhombus-shaped forms with undulating balconies rising from two nine-storey podiums that integrate the residence with the surrounding historic warehouse structures.

Construction is so far along, and sales have been so strong, that occupancies for Studio 1 are slated for August 2015!

Location tops the list of why so many sophisticated condo buyers are choosing Studio. Situated south 020 NEW CONDO GUIDE | DEC 6, 2014 - JAN 3, 2015

of Richmond Street on Duncan Street, the condominium is between Toronto’s Financial and Cultural Districts, moments to the King and Queen subways, the city’s PATH system, the Royal Alexandra Theatre, Four Seasons for the Performing Arts Centre, plus hundreds of galleries, museums, restaurants, nightlife hotspots and other entertainment venues.

Studio is proving particularly popular with professionals who work in the Financial District, at the University of Toronto’s downtown campus and the hospitals along University Avenue.

For Studio’s interiors, Aspen Ridge enlisted the renowned Mike Niven of Mike Niven Interior Design to work his artistic magic.

“ME” amenities invite rewinding and rejuvenating in the steam room, hot tub, yoga lounge, winter lounge and exercise facilities with massive windows and floor-toceiling windows.

When it’s time to interact with others, Studio’s “WE” amenities include a media lounge, party room, billiards room and dining room with kitchen, some with access to the sixth-floor roof terrace.

The well-designed suites in both Studio 1 and Studio 2 offer luxurious appointments. Kitchens are a cook’s dream with Miele appliances, the choice of rich granite or CaesarStone countertops, a stylish ceramic backsplash and superb Hansgrohe faucets. Adding visual and practical appeal, buyers have the choice of Torlys engineered wood floor or Torlys Smart Floor. The nine-ft. ceilings in these open-concept layouts enhance their spaciousness. For the ultimate in-suite pampering, enjoy a deep soaker tub in the stunning bathroom. Rounding out the suite features is a balcony or terrace (as per plan).

Available suites in Studio 1 range in size from 658 to 1,294 sq. ft. and in price from $394,990 to $861,990; in Studio 2 from 592 to 1,357 sq. ft., from $371,990 to $947,990. For a limited time, receive one year of free maintenance with your purchase. You can also take advantage of Aspen Ridge’s easy deposit payment of program: five per cent with your offer, another five per cent in 90 days and the final five per cent on occupancy.

Founded in 1992, Aspen Ridge is a family-owned and operated firm that has grown into one of the most respected and successful companies in the Greater Toronto Area. A commitment to uncompromising excellence in craftsmanship, quality and care has catapulted this firm to the forefront of the industry. Today, the Aspen Ridge portfolio includes a diverse collection of highly regarded communities.

Visit the company’s Mike Niven-appointed Studio presentation centre and model suite at 25 Nelson St. (southeast of Duncan and Nelson, south of Richmond Street) open every day except Friday, from noon to 6 p.m. Call 647.35ASPEN (352.7736) or check out studiocondos.ca.

Studio’s “WE” amenities include a media lounge, party room, billiards room and dining room with kitchen, some with access to the sixth-floor roof terrace DEC 6, 2014 - JAN 3, 2015 | NEW CONDO GUIDE 021

MORTGAGE ADVICE

// BY ALYSSA RICHARD

Size matters when it comes to

Alyssa Richard is the founder and CEO of ratehub.ca, a mortgage rate comparison site that aims to empower Canadians to make smart financial decisions.

S

ize does matter, apparently, when it comes to micro condos – specifically, when it comes to mortgaging one of these mini units. Popular in densely populated cities in Japan, and even in New York, these units that measure 500 sq. ft. or less are slowly growing market share in Canada.

MORTGAGING MICRO CONDOS

A micro condo with a mini mortgage may appeal to some buyers, notably young professionals who want to live in the downtown core.

Bankers, on the other hand, see the issue a little differently. Lenders such as Scotiabank and TD reportedly have policies that restrict mortgages for units of less than 600 sq. ft.

“Lenders are hesitant about these units, as many are not familiar with this type of asset,” says James Laird of CanWise Financial. “They continue to look at the asset and assess each (application) on a case-by-case analysis. For example, if it is a project that has sold out – or is near to selling out – and in a good part of the city, lenders will be more inclined to finance it.”

“If a buyer walks into some banks and just asks for a mortgage on a micro condo, without knowing these individual restrictions, they could be denied straight away,” says Laird.

“Only an experienced mortgage broker will know which lenders are more open to lending on these units.”

As these condos become more popular, lenders are likely to relax their restrictions, Laird says. The industry is trending in the direction of smaller unit sizes, to address buyer demands for more affordable options.

Smaller units mean lower prices.

“Ten years ago, the average size of a condo was 800 to 900 sq. ft. Five years ago, the average was 500 to 800 sq. ft. But now those same units cost between $650,000 and $700,000 (in Toronto),” says Roy Bhandari from TalkCondo, a realty firm specializing in pre-construction condos. “Not everyone can afford this size of unit, so developers started building condos to match the budgets and lifestyles of new buyers.”

Developers are also being creative with their designs, Bhandari says. Micro condos typically offer features that maximize space, such as built-in closets and integrated appliances like a combination washer and dryer.

With some micro condos starting at just $220,000, the price tag appeals to young buyers. Many of them prefer location and proximity to amenities over space. Smaller units also mean lower condo fees, further addressing the affordability concern.

“These smaller units are not a passing trend,” says Bhandari, adding that they may soon become the ‘norm’ in major Canadian cities.

Consumer demand, then, may cause more lenders to loosen their financing restrictions on micro condos.

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IN THE NEWS

SMASHED CHARITY PING-PONG TOURNAMENT TRIPLES PROCEEDS Funds raised at 2014 event donated to Lifeline

LIFELINE, THE CHARITABLE FOUNDATION FORMED BY LIFETIME DEVELOPMENTS

dedicated to supporting Toronto’s homeless and at-risk community, was the big winner at this year’s third annual Smashed Charity Ping Pong Tournament and Event.

Held earlier this fall at Muzik Nightclub and attended by more than 500 guests donning their tennis whites, this year’s Smashed event was an outstanding success, raising over $100,000 for Lifeline. The amount raised more than tripled the proceeds raised at last year’s event.

“We could not be more impressed by, and grateful for, the participation of so many who helped make this year’s Smashed event such a huge success,” says Brian Brown, vice-president at Lifetime Developments. “The generosity of those supporting the event, including members of the development industry and friends of Lifetime, was overwhelming and demonstrates a shared concern for homeless Torontonians.”

With Toronto in the midst of an unparalleled real estate boom, the last decade has seen more concentrated residential development in this city than anywhere else in North America. For Lifetime Developments, an awardwinning Toronto-based condominium developer, the current condo boom has allowed the company to launch more than 15 new condominium projects, delivering over 6,000 new condo units throughout the city.

But despite the record number of homes built and the condo market’s 24 NEW CONDO GUIDE | DEC 6, 2014 - JAN 3, 2015

continuing success, the principals of Lifetime Developments and their families have taken a strong position on the social issue of homelessness, which also continues to grow in this city.

“It’s easy to look up and see all the cranes in the sky and know that this city is doing something great,” says Brown. “But at the same time we can’t ignore the fact that there are over 5,000 men, women and children each night that struggle to find something as basic as food and shelter.”

Motivated to be part of a community that extends a hand to the people who live within it, Lifetime established Lifeline in 2014.

Lifeline’s mission is to provide aid and support for Toronto’s homeless and at-risk communities by raising awareness and funds, and by facilitating various hands-on initiatives and on-the-street activities to improve the lives of those at risk. Lifeline is dedicated to building healthy communities and uses funds raised to support local organizations and initiatives with an emphasis on youth on the street, food bank services, and counselling and educational services.

“Through fundraising initiatives like the recent Smashed event, and with the generosity of those in the industry and our friends, we remain committed to offering at-risk individuals and families in Toronto a much needed ‘lifeline’,” says Brown.

To learn more about Lifeline, and how you can get involved to make a difference to someone today, visit lifelinecares.ca.

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DEC 6, 2014 - JAN 3, 2015 | NEW CONDO GUIDE 25

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DEC 6, 2014 - JAN 3, 2015 | NEW CONDO GUIDE 27

IN THE NEWS

TRIDEL PUTS PUBLIC ART FRONT AND CENTRE

Developer unveils “Back to Front,” new interactive art installation by London’s Jason Bruges, at 300 Front Street West WHEN YOU LIVE AT FRONT AND JOHN,

in the heart of the Entertainment District, amid some of Toronto’s most exciting theatres, largest stadiums, and trendiest restaurants, it takes a lot to grab your attention.

To pull your focus from the flashing lights and dynamic crowds that surround you, requires something innovative, something unique and often something that’s interactive… something like the recently unveiled new public art installation at Tridel’s 300 Front Street West condominium, titled “Back to Front.”

Designed by London UK-based Jason Bruges Studio, the distinctive and captivating installation consists of an array of large, monolithic granite structures that sense changing levels of light within the park (in which the installation stands), in real time. People walk through the park, trees shift and the sun moves across the site, casting dynamic shadows onto the monoliths.

These changing shadow conditions are sensed by the artwork and transferred through the depth of the granite structure to reveal animated silhouettes on the opposite side.

Images are revealed through an array of LED lights, diffused by glass lenses embedded within the stone, creating enjoyable, dynamic and unique experiences for residents, visitors and passersby.

“We believe that public art is a very important component of the condominium communities we develop,” says Tridel’s senior vice-president of sales and marketing, Jim Ritchie. “When done properly, public art serves to enhance the building architecture, landscape design and urban planning; it can act as a common amenity for residents, and stands as a reflection not just of the developer and the project, but of the condominium community, the neighbourhood and the city.

“And, when treated as an important element of a condominium, a public art installation can be a transformative experience helping to define a community.

That’s what is happening in the park at 300 Front,” he adds.

The Jason Bruges-designed installation is located in a privately owned, publicly accessible park at the corner of Front and John Street.

The project is currently occupying, and only seven suites from the exclusive Atmosphere Collection remain. These refined residences, located on the 44th to 49th floors, offer some of the city’s best views. Available suites are priced from $1.2 million and range in size from 1,367 to 1,815 sq. ft.

Designed by the award-winning Wallman Architects and featuring interior amenity spaces designed by Union31, the 49-storey tower in the heart of the Entertainment District is recognized as one of Toronto’s most successful recent condominium developments.

“Add to our iconic location a contemporary tower form, distinctive interior design and this amazing new public art installation, and you have a condominium unlike any other,” says Ritchie. “Truly a one-of-a-kind piece of art, for a truly one-of-a-kind condominium.”

For more information on 300 Front Street West, call 416.217.0300, visit the sales centre Monday through Thursday, 11 a.m. to 7 p.m. (or weekends, noon to 6 p.m.), or go to tridel.com/300front/

28 NEW CONDO GUIDE | DEC 6, 2014 - JAN 3, 2015

WE SWEAT THE SMALL STUFF.

At Chaz Yorkville, we pay attention to the smallest details. Like building a plywood bracket behind the master bedroom wall to install a flat screen TV. Elegant solid core entry doors to give you an impressive sense of arrival.

Illuminated light switches so you don’t fumble in the dark. Stylish under valance lighting in the bathrooms.

Premium oak wood in the Sky Residences corridors. Lightning fast Rogers fiber optic cable. All this, plus a great location just steps to world-class shopping, dining, culture and the subway. Spectacular Chaz Club in the sky with panoramic views. The best in fitness, recreation and leisure. This is Yorkville living at its finest.

Sales Centre

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VISIT THE SALES CENTRE TODAY! CHAZYORKVILLE.COM | 416.922.0045 SALES CENTRE LOCATED AT 101 YORKVILLE AVE. SITE LOCATED AT 45 CHARLES ST. EAST MON. – THURS. & SAT. – SUN.: 12PM – 6PM, FRI & STATUTORY HOLIDAYS: CLOSED EXCLUSIVE BROKER BAKER REAL ESTATE INC. BROKERS PROTECTED. *SPEAK TO A SALES REPRESENTATIVE FOR MORE DETAILS. PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. ILLUSTRATIONS ARE ARTIST CONCEPT. E&O.E.

SPECIAL OFFERS 5% DEPOSIT* UP TO $35,000 CASHBACK* 2 YEAR LEASEBACK* FROM THE $300’S I MOVE IN SPRING 2015 DEC 6, 2014 - JAN 3, 2015 | NEW CONDO GUIDE 29

HOMEBUYERS’ HELP

SURVEY SAYS...

Homebuyers prefer “efficient locations” over space

LOCATION, LOCATION, LOCATION REMAINS A KEY

WHAT IS LOCATION EFFICIENCY?

consideration for homebuyers. Taking a closer look at this holy trinity of real estate, a recent report by the Pembina Institute and the Royal Bank of Canada (RBC) examined homebuyers’ preferences when it comes to what makes a location desirable in the GTA. The survey asked a series of questions to gauge respondents’ preferences for location-related attributes – such as walkability, commute times, home size, neighbourhood, home prices and transportation costs when making home location choices.

The survey found that while detached houses remain a high priority for many homebuyers, their preferences are also strongly driven by location-based attributes: choosing a home is a question of where to live, not just what to live in.

The results of the survey show that a large house and spacious lot are not as important as living in a neighbourhood that is walkable, mixed-use, transitconnected and that offers shorter commute times.

GTA homebuyers would choose a more modestly sized home to enjoy these attributes, both in suburban and urban locations. In fact, the survey found a clear preference for location-efficient suburbs over those that are car-dependent.

»C onvenient distance from workplaces, amenities, stores and urban hubs » Access to rapid transit » Shorter commuting times » Realistic opportunities to walk, cycle or take transit to the places where you go, work and play every day KEY FINDINGS

1 | GTA homebuyers prefer walkable, transit-friendly neighbourhoods

When housing costs are not a factor, 81 per cent of respondents would choose to live in an urban or suburban neighbourhood where they can walk to stores, restaurants and other amenities, and where they can access frequent rapid transit. They would choose these neighbourhoods even if it meant trading a large house and yard for a modest house, townhouse or condo.

CONTINUED ON PAGE 32…

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One Park Place Presentation Centre 500 Dundas St East Presentation Centre One Park Place Mon/Tues/Thurs: 500 Dundas St East12-6pm • Wed: 12-8pm Sat/Sun: 12-5pm12-6pm • Fri: Closed Mon/Tues/Thurs: • Wed: 12-8pm Sat/Sun: 12-5pm • Fri: Closed

*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.

HOMEBUYERS’ HELP

CONTINUED…

2 | Most homebuyers choose a location based on price rather than preference

Affordability is a primary consideration; over 80 per cent of respondents choose a neighbourhood because that is where they can afford a home.

3 | Walkable, transit-friendly suburbs are becoming more popular

When the cost of housing is not a factor, only 19 per cent of respondents would choose a suburban location with a large home and yard, but where a car is required and commuting takes more than 30 minutes.

By contrast, 42 per cent of respondents would choose a modest house, townhouse or condo in an urban or suburban location that is walkable, and where it is possible to commute by rapid transit.

The survey found that respondents’ preferences are strongly driven by locationbased attributes: choosing a home is a question of where to live, not just what to live in

4 | All age groups and family types prefer location-efficient living

If cost were not an issue, all age groups would prefer to live in a location-efficient city or suburb, with 82 per cent of respondents over 60 and 84 per cent under 35 exhibiting that preference.

Seniors and young people would pay a higher price to live in a walkable, transit-friendly neighbourhood, even if it means giving up a larger detached home and yard. The same is true of families with one child or less.

Only 40 per cent of families with three or more children would prefer a large house in a cardependent suburb in the 2014 survey, and 51 per cent would choose a location-efficient suburb.

5 | Understanding transportation costs makes homebuyers more likely to choose a walkable, transit-friendly neighbourhood

Homebuyer preferences shift when they are told that they can save a minimum of $200,000 over a 25-year period by giving up one household car and walking, biking or taking transit.

When informed of these savings, 60 per cent of respondents would choose to live in an area with easy access to rapid transit, even if they could only afford a smaller home.

Only 36 per cent of respondents would choose a larger home in an area without access to rapid transit.

RESULTS AT A GLANCE...

81%

WOULD CHOOSE TO LIVE IN AN URBAN OR SUBURBAN NEIGHBOURHOOD WHERE THEY CAN WALK TO STORES, RESTAURANTS AND OTHER AMENITIES, AND WHERE THEY CAN ACCESS FREQUENT RAPID TRANSIT

82%

84%

OF RESPONDENTS OVER 60 AND UNDER 35 SAID THEY WOULD PREFER A LOCATIONEFFICIENT CITY OR SUBURB

19%

ONLY WOULD OPT FOR A LARGE SUBURBAN HOME AND YARD, WHERE A CAR IS REQUIRED AND COMMUTING TAKES MORE THAN 30 MINUTES

60%

WOULD CHOOSE TO LIVE IN AN AREA WITH EASY ACCESS TO RAPID TRANSIT, EVEN IF IT MEANS BUYING A SMALLER HOME

YOUR LIFE STOREY STARTS HERE.

WHEREVER YOUR HOLIDAY STOREY TAKES YOU, MAY IT BE A HAPPY ONE.

Condo keen You’ve outgrown your curfew and ready to start living 24/7. Experience it all in a Menkes condominium, at the intersection of wherever you desire.

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Freebirds once again

Low-rise ready You’ve been there, done that and stumbled upon your soulmate.

Time to trade the city lights for patio lanterns, in a Menkes townhome conveniently close to the life of the city.

The kids have flown the roost and now you talk with them on Twitter. Time to migrate back to a carefree lifestyle in the city and enjoy Sunday brunch… after that all-important lie-in.

Family focused Soccer practice, hockey practice and family fun all year round. Menkes gives you the space to slow life down and grow roots in Ajax and Georgetown.

Happy Holidays from Menkes For over 60 years, Menkes has focused on building homes and condominiums to suit every stage of your life in Toronto’s most desirable locations. Come home to Menkes today, where your life storey always begins and ends with total customer satisfaction.

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Coming Soon Yonge & Eglinton, Toronto Register now at menkes.com

New Release Burnhamthorpe Rd. & West Mall, Etobicoke Starting from the high $300’s 416.259.2525

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Prices and specifications are subject to change. E.&O.E. December 2014. 24473

Move In Next Year Avenue & Davenport, Toronto Starting from $420,000 416.323.0100

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LEGALLY SPEAKING

// BY JAYSON SCHWARZ

HOW DOES THE ‘CLOSING DATE’ WORK?

L

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.

awyers have a tendency to forget that homebuyers typically don’t know what to expect as they move toward their closing date.

All the delays are over and your builder has sent a letter to your lawyer and/or yourself, informing you that closing of your newly built condo will occur soon and the closing date is firm. By now, your lawyer has completed all necessary searches and arranged for title insurance.

The first thing you need to do is to advise the utility companies and the municipal tax department in writing, of your name, new address, phone number and set up your accounts. Clarify with your lawyer whether he is doing this for you (it is often an extra charge). There are plenty of books and manuals published on this topic, so check around. Set up your accounts and learn who to call in an emergency or when you need service; identify your closest police and fire departments and hospital.

Subject to when he receives the adjustments from the builder’s lawyer, your lawyer should call you anywhere from a week to two days before the closing and provide you the exact financial figures you need to close the deal. Your lawyer is as anxious as you to get you the right numbers and receive your money, but sometimes the other side is slow in providing the final figures. Remember, generally, all cheques need to be certified as they go through the lawyer’s trust account. Ensure that your financial institution has provided your lawyer with mortgage instructions at least a week before closing. Your lawyer cannot close your deal without this, and it is your obligation to ensure he has these instructions in a timely manner.

So, follow up with your broker, bank, trust or private lender.

Ensure that your financial institution has provided your lawyer with mortgage instructions at least a week before closing. Your lawyer cannot close your deal without this, and it is your obligation to ensure he has these instructions in a timely manner.

Just before the closing, you will do your Tarion pre-delivery inspection.

See my article online at schwarzlaw.ca as what to look out for.

All right, inspection done. It’s closing day. Now what? Your lawyer delivers the certified cheques to the builder’s lawyer and then both lawyers sign off on the documents through the Government of Ontario’s electronic registry system (Teraview). All documents are registered and you own the condo! What about the keys? Keys are either handed over at the site, through your real estate agent, or your lawyer will have them.

Your lawyer should phone you with this information.

Now what? Move in and enjoy, and some time in the next 60 days your lawyer should provide you with his report with all your documents and his final account.

34 NEW CONDO GUIDE | DEC 6, 2014 - JAN 3, 2015

ONLY

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DAN period, to * Following receipt of full 15% deposit, Vendor will pay simple interest at a rate of 8% per annum for a 18 month be credited on closing. Subject to change. Restrictions apply. See Sales Representative for details. E. and O.E.

DEC 6, 2014 - JAN 3, 2015 | NEW CONDO GUIDE 35

36 NEW CONDO GUIDE | DEC 6, 2014 - JAN 3, 2015

HIGHWAY 407

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*Upon the earlier of (i) 12 months from the day the Vendor receives the full 15% deposit or (ii) the day the proposed unit is available for possession or occupancy, the Vendor will pay simple interest at a rate of 8% per annum, to be credited on closing.

Subject to change. Restrictions apply. See Sales Representative for details. E and O.E.

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BATHURST & CENTRE STREET * Upon the earlier of (i) 12 months from the day the Vendor receives the full 15% deposit or (ii) the day the proposed unit is available for possession or occupancy, the Vendor will pay simple interest at a rate of 8% per annum, to be credited on closing. Subject to change. Restrictions apply.

See Sales Representative for details. E and O.E.

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39

COMING SOON

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IN AN IDEAL YORK MILLS SETTING Welcome to The Ravine, a master-planned community where everything from building architecture to pathways and water features are seamlessly integrated.

In an ideal setting, neighbouring on 980 acres of ravines and parkland, our residences have been designed to allow the outside world to flow effortlessly indoors. Perfectly located south of Hwy 401 with easy transportation access everywhere, including Downtown.

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Prices and specifications are subject to change without notice. Renderings are artist concept. E.O.&E. 2014

CONDO PRO

// BY BARBARA LAWLOR

Understanding

CONDO FEES

Barbara Lawlor is president of Baker Real Estate Inc. and an in-demand columnist and speaker. A member of the Baker team since 1993, Barbara oversees the marketing and sales of condominium developments in the GTA and overseas. Keep current with The Baker Blog at blog.bakerrealestate.com

C

ondominium ownership differs from lowrise homes in many ways, especially where fees are concerned. Those entering into condo ownership for the first time will do well to understand exactly what these costs are, and what they cover.

One of the most misunderstood expenses is the interim occupancy fee. When your lowrise home closes and you move in, you officially own it. With a condominium, depending on when in the sales/construction process you purchase, you will most likely enjoy occupancy long before you receive the title to your suite.

Unless you move in after the condo is registered, you do not own your suite outright. You enter into what is referred to as “interim occupancy.” This is the gap between the occupancy date given to you once roof-topping has occurred, and when the condominium is registered and you receive title. Until that time, the suite is still owned by the vendor.

42 NEW CONDO GUIDE | DEC 6, 2014 - JAN 3, 2015

In Ontario, a “condominium” is not formed until it is completed and passes the approval processes that enable it to be registered with the Land Registry Office. In highrise condos, the lower floors are finished long before the upper levels, but the approvals process begins once the first suite is occupied. It typically takes up to six months, although sometimes it can be quicker. During this time, you will pay an occupancy fee to the developer.

This fee encompasses three elements. First, it is determined by the interest portion of the balance owing on the purchase price (usually payable on the registration date) based on a one-year mortgage rate of the Bank of Canada.

Second, it includes the estimated maintenance fees for the suite, and third, its portion of the estimated real estate taxes. There are also other fees such as the enrollment of your suite with Tarion Warranty Corp.

You may think of this as rent, but it is not considered rent, and it is not money that can be applied toward your mortgage. Once the title is transferred, you take out your mortgage and the builder/developer receives the money. The benefit to the suite owners is that you get to move in more quickly and not have to wait until registration. You have a substantial amount of notice before your occupancy date.

Remember that during interim occupancy, you must have your homeowner’s insurance in place, and you have to arrange for utility hook-ups as if you own the home. Your appliance warranties kick in upon occupancy because you are actually using them, and your Tarion warranty is officially in place.

Keep in mind that your maintenance fee dollars provide a lot of value.

For one thing, they enable exterior and interior elements to be kept looking beautiful and in good repair. To be fair, consider what you would have to spend to receive the same service in a lowrise home. Most condominiums today offer 24/7 concierge service, and these professionals have to be paid.

Those who choose to add a security system to their lowrise home pay a monthly fee for monitoring. In a lowrise home, chores such as mowing the lawn, weeding the garden and washing the outside windows have to be done by someone, and hiring professionals is an expense.

In addition, the ongoing cleaning and maintenance of things like condominium elevators, the lobby and hallways are covered by your fees.

A portion also goes toward the “reserve fund,” which is administered by the condominium board. This fund ensures that essential services can be paid for in the future, should unexpected problems arise after Tarion Warranty coverage is over.

In some condominiums, a percentage of maintenance fees covers utilities.

Nowadays, many condos provide individual hydro and water metering per suite, which means that buyers pay only for what they use. The important thing is to ask questions about the fees that are expected of you and what they cover, and then make your condo purchase decision accordingly. An educated shopper makes a happier owner.

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DEC 6, 2014 - JAN 3, 2015 | NEW CONDO GUIDE 47

FUNDAMENTALLY SPEAKING

// BY WAYNE KARL

HOUSING OUTLOOK 2015: Full steam ahead

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

“The housing market does have a fairly bright outlook,” Bob Dugan, chief economist for Canada Mortgage and Housing Corp., told New Condo Guide. “There are a few risks we have our eye on. One of them relates to the high level of (highrise) units that are under construction.” These are trending slightly above the historic average.

“We do expect that the economy is going to be fairly strong, and that’s going to generate job growth and income growth, and that, with low mortgage rates, is going to continue to support housing demand.”

Affordability and housing supply are increasingly being tested in the GTA. Generally, single-family homes will be harder to come by in Toronto, and if you want one, you’re best to look beyond the downtown core and further out in the GTA where prices and selection are more palatable.

If you’re in the market for a condo, there are plenty of options in Toronto, and increasingly so elsewhere in the GTA, according to Dana Senagama, CMHC’s GTA senior market analyst.

“Rising prices and lack of land for low-density construction in the core urban areas will continue to push sales and new construction towards more high-density housing,” she says. “An increasing desire among millennial and baby boomer populations to live an urban life will also fuel higher demand for condominium apartments over the next two years.”

PRICE AN INCREASINGLY IMPORTANT DETERMINING FACTOR:

F

irst, the good news. If you’re looking to buy a home in the GTA next year, know that you’re buying in one of the healthiest markets in the country.

A strong economy, appreciating housing values and only minor, unlikely risks are combining to produce a bright housing outlook.

As for the bad news, well… there really isn’t any, except maybe prices in some categories. But, more on that later.

Short of an unforeseen economic shock, the outlook for housing in the GTA and Canada overall is pretty much full steam ahead.

48 NEW CONDO GUIDE | DEC 6, 2014 - JAN 3, 2015

When it comes to pricing, buyers are increasingly making their home type and location decisions based on affordability.

“Purely based on price, if you’re looking for a lowrise home, I would say the Durham region, especially Oshawa and Whitby, those are areas where you can get in at a much more affordable price,” says Senagama.

If you’re in the market for a condo in the GTA, “you could take your pic from any area. If you want to live within the urban core, yes, you will pay a premium to live downtown, but there are more condos we’re seeing emerging in the 905 region – Markham, Richmond Hill and Vaughan.”

As for potential risks to the Canadian housing market – and the GTA, as the country’s largest – overheating and overbuilding continue to be raised as possibilities by some experts. But such concerns are largely unfounded, says Dugan.

“We don’t see overheating as being a problem in any of the markets across Canada,” he says. “Some markets are stronger than others, particularly in western Canada.”

Canadians’ average household debt is another issue some observers point to as a troublesome sign. This concern as well, says Dugan, is overblown, as real estate accounts for a majority of assets held by Canadians.

A L R E A D Y

U N D E R

C O N S T R U C T I O N !

It all adds up to you at HighPark Condominiums.

INCREDIBLE

CASH BACK INCENTIVES*

+

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+

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+

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+ HIGH PARK

= The outstanding amenities, nearby shops and restaurants in Bloor West Village and, of course 399 acres of Toronto’s premier park – put them together and you’ve got your dream home in Toronto’s most desirable neighbourhood. Simply do the math and learn why now it’s easier than ever to make HighPark Condominiums your new home.

Suites from

$299,900

PRESENTATION CENTRE: 2150 Bloor St West Mon, Tues and Thurs: 12-6pm / Wed: 12-8pm Sat, Sun and Holidays: 12-5pm / Fri: closed *The HighPark program is only available on selected suites. Parking incentive only available on suites over 535 sq. ft. 5% deposit program available on a limited number of suites. Free maintenance is only available for one year. Limited time offer. Conditions apply. See Sales Representative for full details. Exclusive Listing: CityLife Realty Ltd, Brokerage. Brokers Protected. Prices, specifications and programs are subject to change without notice. Illustrations are artist concept. E. & O.E

Do the math & call

416.351.1844 danielshighpark.com

Discover how it can all add up to you at HighPark Condominiums.

INCREDIBLE

CASH BACK INCENTIVES*

+

ONLY 5% DOWN!*

+

+

SOPHISTICATED FINISHES

+

DOG SPA

+

+

ROCK CLIMBING WALL

+

BIKE SHARE PROGRAM

+

*The HighPark program is only available on selected suites. Parking incentive only available on suites over 535 sq. ft. 5% deposit program available on a limited number of suites. Free maintenance is only available for one year. Limited time offer. Conditions apply. See Sales Representative for full details.

Exclusive Listing: CityLife Realty Ltd, Brokerage. Brokers Protected. Prices, specifications and programs are subject to change without notice. Illustrations are artist concept. E. & O.E

FREE MAINTENANCE* FREE PARKING* FREE LOCKER*

HIGH PARK

+

+

SHOPS & RESTAURANTS IN BLOOR WEST VILLAGE

Anchored by a landscaped courtyard on Bloor, HighPark Condominiums will feature a single-storey glass pavilion where over 15,000 square feet of retail space will offer the epitome of convenience. In the lobby, residents will be welcomed home and can access 24-hour concierge service and take advantage of the handy dogwashing station after walks in the park.

Your price also includes exclusive use of some of Toronto’s best amenities. Spread over three levels, The Parkside Club offers 18,000 square feet of space for exercising, energizing and entertaining. From the top down, the tenth floor will encompass a social room with a catering kitchen, as well as an outdoor terrace and indoor/outdoor fireside lounge and sundeck with stunning views of High Park and city lights. The third floor is where you can get your heart pumping in the cardio studio, stretch out in the indoor/outdoor yoga & Pilates studio, dance and mingle in the party room, challenge friends in the billiards room, and sunbathe, grill burgers and dine alfresco on the outdoor lounge in the midst of views of the park and beyond.

On the second floor, work out on the rock-climbing wall and in the weight studio, unwind in the sauna and watch a movie in the home theatre. You can also exercise your green thumb in the outdoor gardening plots where local farmers will provide programs and advice to get you started. With the environment in mind, Daniels has even added a resident bike share program at HighPark Condominiums to encourage riding. Of course, walking is a given, with the shops, markets, bakeries and eateries of Bloor West Village down the street, and Toronto’s largest urban park across the way. Measuring in at nearly 400 acres, High Park offers everything from a zoo to Chinese gardens, Japanese cherry trees, an off-leash dog park, gardening plots, café picnic area, pool, kids playgrounds and hiking trails.

Suite choices range from studios to two-bedroom plus den layouts from 412 to 1,047 square feet, each with a personal outdoor space and features and finishes such as stainless steel appliances and quartz countertops in the kitchen. Suites begin from $299,900 – great news for first-time buyers who meet the criteria to withdraw up to $25,000 from their personal RRSP to use toward their downpayment. Many also qualify to receive the First-Time Home Buyer’s Tax Credit of up to $750 in tax relief toward closing costs.

=

YOUR NEW HOME AT HIGHPARK CONDOMINIUMS

Call or visit us today!

416.351.1844 danielshighpark.com

Time is running out to explore HighPark Condominiums, where Daniels’ incentives add up to incredible value for first-time buyers!

A location across from Toronto’s gorgeous High Park is just one of the many reasons why The Daniels Corporation’s HighPark Condominiums is high on the list of new home shoppers looking for incredible value! Already well under construction, this residence is cradled in the established streets of Oakmount Road and Pacific Avenue, steps to the subway and the vibrant Bloor West Village shopping district. Suite prices begin from $299,900, and currently, Daniels is offering unbeatable incentives.

For a limited time only on selected suites, you can purchase at HighPark Condominiums and receive incredible cash back incentives, FREE parking and locker, one year free maintenance AND you can buy with only 5% down.

ALREADY UNDER CONSTRUCTION!

Actual Construction Photo

The Daniels Corporation (danielshomes.ca) is one of Canada’s preeminent builder/developers, building more than 25,000 new homes across the Greater Toronto Area for over 32 years. Daniels was named the Tarion Warranty Corporation’s 2012 Ontario High Rise Builder of the Year and the recipient of the 2012 Toronto Arts and Business Award presented by the Toronto Arts Foundation. Among its many initiatives, Daniels was chosen to partner with Toronto Community Housing to revitalize Regent Park – 69 acres in Toronto’s Downtown East. Committed to community, Daniels offers innovative programs that help people achieve homeownership, champion neighbourhood initiatives that enhance quality of life, and support numerous charities and non-profit organizations.

Everything about HighPark Condominiums adds up to remarkable value. Great incentives + an incredible location + outstanding amenities = outstanding value you won’t want to miss. Take advantage of this opportunity now, while you still can.

Do the math & call 416.351.1844 or visit danielshighpark.com Suites from

$299,900

PRESENTATION CENTRE: 2150 Bloor St West Mon, Tues and Thurs: 12-6pm / Wed: 12-8pm Sat, Sun and Holidays: 12-5pm / Fri: closed

*The HighPark program is only available on selected suites. Parking incentive only available on suites over 535 sq. ft. 5% deposit program available on a limited number of suites. Free maintenance is only available for one year.

Limited time offer. Conditions apply. See Sales Representative for full details. Exclusive Listing: CityLife Realty Ltd, Brokerage. Brokers Protected. Prices, specifications and programs are subject to change without notice.

Illustrations are artist concept. E. & O.E

CONDO PROFILE

Discover the trend-setting new designs at Ten93 Queen West

An exciting selection of condominium choices for you

FROM PEMBERTON GROUP

w

hen it comes to creating superb condominiums, Pemberton Group’s philosophy is “It’s all about you.” For over 50 years, this progressive firm has been building outstanding new home neighbourhoods in many of the GTA’s most coveted locations.

Currently, you will find inviting Pemberton communities in various stages of completion. Be sure to ask about limited-time incentives.

50 NEW CONDO GUIDE | DEC 6, 2014 - JAN 3, 2015

If living in downtown Toronto amid trend-setting dining, theatre, nightlife, fashion and arts venues is your dream, Ten93 Queen West is the perfect choice.

Pemberton has recently announced the release of new two-bedroom designs from just $388,000. Other choices include, one-bedroom, one-bedroom-plusden, two-bedroom, two-bedroom-plus-den and three-bedroom suites, plus two-storey designs. Prices begin from $280,500. 416.546.6355 View the new virtual-reality tour of the 960 sq. ft. two-bedroom-plus-den 08 design at SkyCity, priced from $431,000 (including incentive). Enjoy an exceptional lifestyle with 17,000 sq. ft. of next generation amenities at this master-planned community, situated in the Richmond Hill transportation hub at Yonge and Hwy. 7. Suites start from $304,500 (including incentive).

905.709.5700

Popular Downtown Erin Mills is a master-planned community steps from the expanding Erin Mills Town Centre. Act now for your last chance at pre-construction pricing. Choose your preferred savings from among three pre-packaged bundles of extras or customize your own bonus package, worth up to $15,000. See a sales representative for details. Prices (including incentives) begin from just $288,000. 905.603.6300 Move in this winter at Vivid Condominiums, situated close to the Islington subway and Kipling GO stations, in Etobicoke. Great for first-time buyers, suites are affordably priced from $264,490 (including incentive, one parking space and a locker). 416.239.8200 For the ultimate in luxury living, look to The Urban Townhome Collection at U Condominiums. This exclusive enclave is well under construction along Bay Street, steps from Yorkville. Townhomes range from 2,628 to 3,288 sq. ft., priced from $2.2 million. New model home to tour by appointment. 416.546.6605.

FINAL OPPORTUNITY TO OWN

On Balmuto Street, The Uptown Residences is home to The Yorkville Signature Collection. Choose from among the final available suites at this Art Decoinspired condominium, priced from $1,059,000. By appointment, 416.277.6695.

In the Yonge-Eglinton neighbourhood, at the corner of Duplex and Orchard View, Neon Condominiums offers a few contemporary suites, starting from the mid-$400’s. By appointment, 416.987.7878.

Move in within 30 days at Miracle At Yonge, Pemberton’s registered condominium at Richmond Hill City Centre. Prices begin from $359,900 (including incentive). 905.709.5700

Pemberton Group is a proud supporter of Plan Canada’s “Because I am a Girl” campaign, which helps give girls in 69 countries around the world a voice, a chance and a future. In the spirit of the holiday season, they respectfully suggest you visit PlanCanada.ca to learn how you can help through Plan’s Gifts of Hope.

COMING SOON

Register now for Citylights on Broadway, Pemberton’s newest condominium community coming to the scintillating Yonge and Eglinton area. Visit citylightscondos.ca Pemberton Group is a proud supporter of Plan Canada’s “Because I am a Girl” campaign, which helps give girls in 69 countries around the world a voice, a chance and a future. In the spirit of the holiday season, they respectfully suggest you visit PlanCanada.ca to learn how you can help through Plan’s Gifts of Hope.

View the new online tour of the 08 design at SkyCity

For more information on all of the company’s fine communities, visit PembertonGroup.com. You can also follow Pemberton on Facebook and Twitter.

DEC 6, 2014 - JAN 3, 2015 | NEW CONDO GUIDE 51

QUICK TIPS

// BY HELLEN BUTTIGIEG

THE IMPACT OF STUFF Every item holds a vibrational energy; if you’ve buried sad reminders of disappointments from your past, know that as long as you keep these emotionally toxic things in your space, they are still haunting you. Break free from the past and make space for new opportunities to come into your life. If it’s in storage and bringing you sorrow, now is a great time to let it go.

Out with the old, in with the new!

›› ELIMINATE YOUR CLUTTER HOT SPOTS. We all have certain spots in our Hellen Buttigieg is a certified professional organizer, life coach, TV host and owner of We Organize U. Visit her website, weorganizeu.com, for a free e-book on how to find more time, energy and inner peace. Email Hellen at info@weorganizeu.com

E

verything around you has an impact on you, whether you realize it or not. When you decorate your home, you are trying to set the tone – give it a certain look and feel. You make an effort to include pieces you like and enjoy, whether for aesthetics, or for function. But other pieces make their way into your home, even though they may not belong there or may be there for the wrong reasons. By organizing, de-cluttering and streamlining, you can make sure your environment has the right effect! ›› IS CLUTTER GETTING YOU DOWN?

Surrounding ourselves with items that mean something to us brings pleasure. And then there’s all the other stuff. Often when we feel down but can’t figure out why, it could be the clutter. Even if it’s stuffed in the back of the closet, you know it’s there.

52 NEW CONDO GUIDE | DEC 6, 2014 - JAN 3, 2015

homes that have become magnets for clutter, usually because they provide a convenient, empty, flat surface to pile things on. Walk around your home to determine where the clutter hot spots are, then remove the clutter (toss it in a box or laundry basket for now) and put something beautiful in its place, like a vase or a sculpture. If it’s the dining room table, set it as if you were having a dinner party. This will deter you from using it as a drop zone. Walk around your home with the box you tossed everything into and deposit these items where they belong – either in the garbage or recycle box or stored elsewhere.

If they don’t have a proper home, create one.

By organizing, de-cluttering and streamlining, you can make sure your environment has the right effect ›› DETACHING FROM SENTIMENTAL ATTACHMENT. Things that have a story

attached to them are often difficult to let go of because of the sentimental attachment. Keep in mind that the item is not the memory; it simply triggers the memory. It may be beneficial to take a picture of the item and put it in a scrapbook or photo album with a short note telling its story. That way, the memory is preserved without taking up as much space. Another option is to pass along the items to a family member who could put them to good use.

›› DAILY DE-CLUTTER HABIT. You brush your teeth every day. You shower every day. Why not de-clutter every day too? Make it a habit, just like the examples I gave, and it will become second-nature. Throughout the day, when you pull something out, take a moment to put it back when you are finished with it.

At the end of the day, take a couple of minutes to do a “clean sweep” of your home and put away anything that is out of place. Keep a sticky note somewhere on your way to your bedroom to remind you for the first little while.

After doing it for a month, you can take the note down because it will have become a habit – one that will serve you beautifully for the rest of your life. This simple practice can help you cut down on clutter without taking a lot of time and effort.

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Dempsey Park

Bee cro ft R d

Renderings are an artist’s impression. Prices and specifications are subject to change without notice. E.&O.E.

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

DEC 6, 2014 - JAN 3, 2015 | NEW CONDO GUIDE 53

TAXING ISSUES

// BY HENRY CHOO CHONG

A PURCHASING PLAN Buying a home is a long-term commitment and investment. Today’s historically low interest rates make purchasing real estate extremely appealing – particularly if your rent paid is greater than $1,000 per month.

Why should you stuff someone else’s pockets?

Consider the following:

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

The opinions and views expressed herein are those of the author and not those of New Condo Guide. New Condo Guide does not necessarily endorse or encourage any specific tax strategies.

Please consult a tax professional for advice specific to your particular situation.

Q

Currently, my wife and I are renting. However, we would like to buy a home in the new year and start building equity.

Can you offer some advice for a young, upwardly mobile couple?

Philip and Angie, Toronto

A

A new year is on the horizon and it’s a natural time to think about the future. There are many investment vehicles that can give you healthy returns. You do not necessarily have to buy a home to increase your wealth.

However, a home is one of the only tax-free investments still available to the middle class.

54 NEW CONDO GUIDE | DEC 6, 2014 - JAN 3, 2015

›› D etermine what you can afford and stick to that price. All too often, buyers tour several homes and the one they fall in love with happens to be thousands of dollars over their budget. Remember, keep your head out of the clouds. Commit to a mortgage, not a stress asylum. ›› S hop and negotiate with several financial institutions for the best interest rate, terms and conditions. You may be surprised at how competitive the banks are for your mortgage business. Shopping for a mortgage can be as easy as a few clicks of your mouse. ›› S et a formal plan to help save for your first home. Sit down, plan the steps necessary to achieve your goals, and follow through! ›› I mprove/maintain your credit rating by paying all your bills on time.

One-day-late payments are still considered late. This could influence your negotiating power for the best mortgage. ›› M ake sure current monthly mortgage payments are manageable and will continue to be so even when interest rates rise in the next several years and your payments increase. ›› P ut down as much as possible to avoid taking out a high-ratio mortgage that incurs additional cost and interest. A five-per-cent down payment on a home leaves little equity. ›› Set aside an additional three per cent of the purchase price of the home for closing costs such as Land Transfer Tax, legal fees and disbursements, moving costs and other incidentals. Speak to your lawyer who will be able to give you the heads up on what to expect. ›› T ake advantage of the first-time Home Buyers Plan (HBP) to use your Registered Retirement Savings Plan (RRSP) as part of the down payment.

An individual and spouse, provided they qualify, may withdraw up to $25,000 each from their RRSP, tax-free, for a total of up to $50,000 toward a home and other purchase-related costs. If you have never used the HBP, contribute your savings for the home into your RRSPs and take advantage of the tax deduction. Then, use withdraw savings for a down payment. You will have 15 years to repay the amounts to your RRSP, starting after the second year of your withdrawal.

Continue to follow the real estate market trends and buy when you are ready, not when the market is ready for you. Best wishes in the new year!

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

DEC 6, 2014 - JAN 3, 2015 | NEW CONDO GUIDE 55

IN THE NEWS

Put yourself in the picture at Howard Park 2 luxury condominiums

IN RONCESVALLES VILLAGE NEW INCENTIVES OF UP TO $10,000 cash back and a year of free movies are now being offered at Howard Park 2 luxury condominiums in the heart of Roncesvalles Village, making it one of the most affordable and smartest residential opportunities in Toronto.

Purchasers acting now receive up to $10,000 cash back, plus they will receive a year of free movies at the nearby Revue Cinema, one of Toronto’s most popular movie theatres. With prices starting from the mid-$200’s, these incentives add even more value to Howard Park 2, which builds on the successful Phase 1 of this eight-storey, boutique-styled residential development.

Expertly built by Triumph Developments, a builder known for exceptional quality standards and attentive customer service, Howard Park 2 features just 91 residential suites ideally located at the corner of Howard Park and Roncesvalles Avenues. Both Phase 1 and Phase 2 will be connected by an open air sanctuary inspired by European courtyards, providing a green space sanctuary in the heart of Roncey Village, one of Toronto’s most established, livable and lovable neighbourhoods, and close to the vibrant strips of Bloor West Village and Dundas Street West.

Surrounding Howard Park is the urban mixture of quaint familyowned and -operated stores, eclectic restaurants, clubs, lounges, galleries and unique shops, all steps away from all modes of transit and the soon-to-be opened Bloor-Dundas stop of the Union to Pearson Express, allowing easy access to downtown or Pearson Airport in just minutes.

56 NEW CONDO GUIDE | DEC 6, 2014 - JAN 3, 2015

Howard Park 2 features a strikingly stepped hillside design which perfectly matches the surrounding residential scale and respects the character of this unique neighbourhood. This stepped design allows for private terraces with lush landscaping on every level, providing residents with extensions of their private living space within a vertical living environment. As an added bonus, each of these oversized terraces features a built-in natural gas line, ideal for foodies who love year-round grilling.

All suites feature innovative and flexible floor plans to maximize space and efficiency in everyday living. The most luxurious in-suite finishes are standard, from laminate flooring to energy efficient windows, custom cabinetry, stone countertops in kitchens and bathrooms, sleek and modern plumbing fixtures and high-tech kitchens with integrated appliances and natural gas cooking. Frontloading washing machine and dryer are also standard.

Triumph Developments has designed Howard Park 2 for environmentally friendly living. The project is one of the few residential buildings in Toronto featuring geothermal heating, which simply taps into the natural free energy of heating and cooling from the ground and transfers it via pipes throughout the building. This Green living intent is complemented by a watering system, which collects rainwater and uses it to sustain the extensive gardens and landscaping of the entire development.

Howard Park 2 also provides a full range of amenities designed to promote a social, engaging and healthy lifestyle amongst its residents. Included is a fully equipped fitness centre and yoga studio, party room and lounge area for elegant hosting opportunities, and outdoor barbecue and seating areas for summer entertaining.

The project also features executive concierge services for your ease of living.

For more information on the exciting new incentives of up to $10,000 cash back and a year of free movies in the community, visit howardpark2.ca or call the sales office at 416.873.0989. The sales office and model suite are located at 60 Howard Park and are open from noon to 6 p.m. Monday to Wednesday; weekends from noon to 5 p.m.; closed Thursdays and Fridays.

City living that’s a step up.

HIGH PARK, 400 acres of green space

RECEIVE UP TO

$10,000

CASH BACK AND

FREE MOVIES* FOR ONE YEAR For a limited time only.

Phase One Now Under Construction

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.

Visit our Presentation Centre and Model Suite

60 HOWARD PARK AVENUE : SAT-SUN 12-5 PM MON-WED 12-6 PM OR BY APPOINTMENT

HowardPark2.com 416.873.0989

* Offer valid with purchase, for a limited time only.

Speak to a sales rep for more details.

Exclusive listing: Milborne Real Estate Inc. Brokers Protected.

Roncesvalles Ave

Bloor St W

Du

nd

as

St

W

Howard Park

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

DEC 6, 2014 - JAN 3, 2015 | NEW CONDO GUIDE 57

MAKE YOUR MOVE

// BY CHUCK RESNICK

Blizzards, black ice and

MOVING

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

M

oving when ice and snow are in the daily forecast isn’t a popular choice for many Canadians. It’s cold and slippery; but with some extra safety precautions, winter moving also has many advantages.

Keep cosy. Carry extra warm clothes for you and your family – including hats, gloves and snow pants. Pack these ahead of time and clearly label them so you can locate them immediately.

58 NEW CONDO GUIDE | DEC 6, 2014 - JAN 3, 2015

Moving last minute? No problem, if it’s during the cold months.

Choosing to move in the “off season” – sometime between November and March – can save you time and money.

Summer is the busiest season for moving companies. This means you must be well prepared, booking six to eight weeks in advance to ensure your preferred moving company is available. Not only are they higher in demand but generally their rates are also more expensive.

Some companies may be more willing to negotiate their rates during the winter months as they’re competing for business during the slow season.

Likewise, less rush and stress for companies in the winter means you get their best employees resulting in a higher quality of service.

With everything booked, now comes the packing. Follow these tips for a relaxed and toasty move – no matter what’s going on outside those frosted windows. ›› Have a contingency plan. Keep up to date with local weather forecasts and change your plans accordingly. If a big snowfall or freezing rain is expected the morning of your move, don’t risk it. ›› Keep cosy. Carry extra warm clothes for you and your family – including hats, gloves and snow pants. Pack these ahead of time and clearly label them so you can locate them immediately. ›› R emember your items will be in a non-heated environment for a while.

Ensure your plants, electronics and liquids are properly packed and protected from the cold. ›› A llow extra time on the move day – cold weather slows things down.

Additionally, rushing in the winter can lead to accidents and injuries. ›› Have driveways and sidewalks cleared of snow before the movers arrive.

Your driveway needs to be ploughed wider than usual – enough to allow the moving truck’s loading ramp to be positioned as close to your front door as possible. Lay plywood down on muddy or slushy areas. Slipping can lead to dropped boxes, broken possessions and personal injury. ›› Quality movers will use floor runners to protect your floors in high-traffic areas but for extra protection inside, cover your floors to protect them from tracked-in snow, mud and salt. ›› Drive safe. Make sure maintenance and service on your vehicles is current.

Check the air pressure on your tires and ensure the trunk is equipped with emergency kits (matches, flashlight, food), blankets and shovels. Drive slowly with extra caution. ›› B e certain that your heating company for your new home is aware of your move-in day.

Wintertime moving doesn’t have to be wet and miserable. With these reminders, you’ll be packed up, moved and basking in the warmth of your new home before you know it!

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DEC 6, 2014 - JAN 3, 2015 | NEW CONDO GUIDE 59

60 NEW CONDO GUIDE | DEC 6, 2014 - JAN 3, 2015

DEC 6, 2014 - JAN 3, 2015 | NEW CONDO GUIDE 61

VIEW OUR MAGAZINES ON ANY

DIGITAL DEVICE anytime, anywhere!

Now you can view all New Condo Guide magazines online using any smartphone, tablet or desktop device.

Published by

NEWCONDOGUIDE.COM

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 DEC 6, 2014 - JAN 3, 2015 | NEW CONDO GUIDE 63

BUILDER PROFILE

10 minutes with...

PLAZA’S SCOTT MCLELLAN

IN THE LAST FIVE YEARS, PLAZA HAS SOLD

5,000 condominium units in the city of Toronto. Founded in 1982, the company is now one of Toronto’s most experienced and largest residential condominium construction and development organizations and leading the charge has been Scott McLellan, senior vice-president. McLellan’s strategy from the beginning has included a range of tactics including focusing on customer service, building lasting client relationships, courting new Canadians, delivering a zero-deficiency product and revamping the Plaza brand.

McLellan exercises a disciplined and innovative approach that can only be explained by his formative years as a pro hockey player for the Boston Bruins and the Peterborough Petes and his 18 formative years at Tridel. In the late 1980s, McLellan was coaching the Thornhill Thunderbirds hockey team, which was owned by the former CEO of Tridel, Tony Moro. Moro saw McLellan’s skill set and personality and hired him to cut his teeth in the marketing department at Tridel.

After 18 years at Tridel, McLellan, who rose to vice-president of marketing and sales, left to join Plaza with the goal of building it into a “leading lifestyle brand” and one of the top five condo builders in the country. His tireless efforts are seen with the success of numerous developments, including King West in Liberty Village, The Tower at King West, Ivory on Adelaide, Musee and 50 at Wellesley Station.

His first initiative to revitalize the brand meant that a new name was needed. “In order to launch the profile and the brand we had to come up with a different name that was more consumer-friendly and added a new level of sophistication,” says McLellan. To move away from the company’s corporate image, ‘Corp’ was taken out of the ‘PlazaCorp’ name to become Plaza. More than just a name change, it signaled the importance placed on how customers and business partners would be managed, how Plaza was going to build, how they would deliver product, and how they we were going to be recognized by the public.

Complete communication with customers and exceptional customer service became Plaza’s mission statement. “We’re in regular communication with our purchasers through a Plaza Purchaser Liaison, right up until the day they move in and beyond,” says McLellan. “We become like their friend on the inside and they become our partners. We want them to have an incredible experience when they buy from us.” For owners who choose to lease their property there’s Plaza Suite Management, where everything from tenant screening to closing is handled by a team of property managers.

Building meaningful, lasting relationships with clients and suppliers became another goal for McLellan. “We knew that business-to-business was important with brokers, agents and consultants so we assisted them in the buying process to be sure they felt comfortable with the company,” says McLellan.

Roundtables were held to find out what clients really wanted to see out of a developer. The overwhelming response was communication and early access to developments. “Based on this we started getting our clients involved early by working with them during the pre-launch and design stage. This makes the buying decision much easier for them and the whole process easier for us because they’re involved from the outset.”

In addition to making the buying decision easier for homebuyers, McLellan knew that to deliver exceptional customer care they would have to institute zero-deficiency

product on delivery. This means that from the day a new Plaza homeowner moves in, everything is perfect. The policy ensures that when an owner conducts their pre-delivery inspection, Plaza sends in a handyman to touch up anything that might be a little off, even a scratch on a baseboard. McLellan describes the policy as a rigorous delivery process that involves construction, quality control and customer care. “There are four different inspections that happen before a new owner gets through the front door of their new home,” says McLellan.

When McLellan joined Plaza he was aware that the GTA was welcoming more than 100,000 new residents each year and that this was another relationship that Plaza should cultivate.

“Generally new Canadians try to make sure they have their own piece of Canada and buying real estate is seen as a form of success – that you’ve made it,” says McLellan. He set about actively courting these new residents who were eager to purchase real estate and had connections with family and investors based in foreign markets. “We made it our mission to understand what new Canadians wanted and how we could make it possible for them.”

Despite all of the challenges that McLellan has faced, it has not fazed him. Instead, they are a welcome test of his abilities, suggesting that his time on the ice has trained him well. One of this biggest challenges came at the end of 2008 with the King West condominiums in Liberty Village. At the time, the economy was struggling and Plaza had embarked on developing one of the largest developments in the city with 1,200 units in three different buildings. “The finish line seemed far away, but we stuck to our brand commitments and became the number-one selling development over a 14-month period.”

McLellan is especially proud of Ivory on Adelaide. At the time, the Adelaide East district was not synonymous with being a liveable neighbourhood to raise a family. “There was nothing else around there when we opened,” says McLellan.

“It’s improved the lower east side by changing the feel and face of the neighbourhood. It’s created a benchmark for what a downtown, livable city community can look like.”

The challenges that Plaza faced with both Ivory on Adelaide and West Harbour City could have been much more difficult if not for the framework that McLellan put into action. “It built a loyalty and a huge trust factor,” says McLellan. “Brokers and homebuyers knew there was no risk. They knew they could put an umbrella over their heads and not get rained on, so to speak.”

50 AT WELLESLEY STATION

Snapshot DEVELOPER Plaza KEY PLAYERS Bazis, Metropia, Urbancorp, TMG Construction, Quadrangle Architects, Hariri Pontarini Architects, architect Roy Varacalli

“I hope that we are the best at what we do. It’s nice to be the biggest but I want us to be the best. Whether 3,000 or 300 sales I want to deliver the best product and the best customer experience.”

IN THE NEXT 10 YEARS...

PORTFOLIO

› West Harbour City › King West Condos › The Tower at King West › Ivory on Adelaide › Musee › 1 Yorkville › 50 at Wellesley Station

McLellan is always looking for the next challenge and notes that the feeling of scoring a goal in hockey is not unlike experiencing success in real estate.

“In hockey, you love winning. And there’s no better feeling than walking through a building and seeing that people are proud of where they live.”

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

NOW OPEN

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.

DEC 6, 2014 - JAN 3, 2015 | NEW CONDO GUIDE 65

MOVE-IN SPRING 2015

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DEC 6, 2014 - JAN 3, 2015 | NEW CONDO GUIDE 67

INDUSTRY INSIDER

// BY DAVID HIRSH

CHARITY BEGINS AT HOME

David Hirsh is president and CEO of Brandy Lane Corp. David prides himself on his creative hands-on approach to all stages of the development and building process. He believes that everyone is his client. The company’s newest communities are the highly successful Wyldewood Cove in Collingwood, and coming soon, The Davies, at Avenue Road and Cottingham.

Visit BrandyLaneHomes.com.

W

ith the holiday season upon us, our thoughts often turn to opportunities to give back to our community.

Getting involved in your new neighbourhood gives you the chance to help out those in need, meet people and make friends with those who have similar interests.

At this time of year, as we show our gratitude for friends, family and what we have, it’s a great idea to lend a hand to those less fortunate.

Neighbourhood contributions could include getting involved with a soup kitchen or shelter to help feed the homeless and hungry. Volunteering your time with local agencies and/or providing them with monetary assistance can do a lot to make someone’s holiday a little brighter.

Another option could be to sponsor a family in your immediate

68 NEW CONDO GUIDE | DEC 6, 2014 - JAN 3, 2015

neighbourhood or city through a trusted charity. Depending on how the organization works, you might be asked to buy gift cards for the families to purchase much-needed staples including food, household supplies and warm clothing. There are also a number of opportunities to buy gifts and toys for the children in a family – things that would otherwise be overlooked in lieu of more essential items.

While the holiday season often puts us in a generous mood, charity endeavours don’t have to be limited to this time of year. There are plenty of chances to get involved year-round. Consider donating your time or food to community food banks. Don’t wait for them to announce a food drive – they’re in need of items all the time! The next time you stand in front of your closet and announce that you have nothing to wear, why not take another look at the clothing you know you haven’t worn in ages and donate some?

Through events such as April Toronto Clean Up Day, it’s easy to make a difference right outside your front door. As winter snow melts in the spring toward the end of April, the City of Toronto encourages groups to clean up lane ways, parks or any areas in neighbourhoods. You can also do your part in keeping your community clean by choosing to never litter.

As builders, we work with the city to give back through participation in public art and park dedications. These endeavours help ensure that the city is made more beautiful, pedestrian-friendly and community-oriented. While participation is mandatory, we work to add elements within a neighbourhood that suit the existing residents and take into consideration the community that we’re transforming.

Builders can also choose to sponsor cultural events in the city. For instance, Brandy Lane and The Davies were recently the presenting sponsor of The National Ballet of Canada’s production of Romeo and Juliet, to help maintain the diverse and artistic fabric of our city.

If we all do our part to help others and keep our community clean and maintained, these efforts will go a long way to creating world-class places to live. I encourage you to look outside your door and see how you can help out. After all, charity begins at home.

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DEC 6, 2014 - JAN 3, 2015 | NEW CONDO GUIDE 69

DESIGNER ADVICE

THE MAGIC CARPET GUIDE // BY YANIC SIMARD // PHOTO BY BRANDON BARRE AREA RUGS HAVE BEEN ADDING bold colour and exotic pattern to floors of all

forms since at least the 5th Century BC, and the high-tech carpet industry has been booming for centuries (since 1791, to be precise, when the first woven carpet mill opened in Philadelphia). Lately, hardwood floors (and their look-a-likes) have been the staple in condo design, but now I see rugs in all forms coming back in style to bring the warmth, cosiness and colour that only they can provide. They’re a perfect complement to wood, so you don’t even have to choose between the two! To achieve a timeless look in your highrise home, here’s my “Magic Carpet” guide.

70 NEW CONDO GUIDE | DEC 6, 2014 - JAN 3, 2015

yarns to the backing. The quality will depend completely on the type of materials used.

MATERIAL MATTERS Wool typically gives the richest

I see rugs in all forms coming back in style to bring the warmth, cosiness and colour that only they can provide. They’re a perfect complement to wood, so you don’t even have to choose between the two!

MAN VERSUS MACHINE

›H and-knotting is the traditional method of creating Persian or Oriental rugs. These rugs are hand crafted with complex knotting techniques to leave a dense, soft surface of exposed fibres. The higher the knot-count, the denser the weave, and the finer the rug. ›M achine-made rugs can be created in a number of ways. Tufted rugs usually glue synthetic fibres to a backing, a bond which can degrade over time. Machine-knotted rugs better simulate hand-made versions and tend to last longer than tufting. Lastly, woven rugs use looms to interlock the

look, but also comes with the highest price tag. The dense, natural fibres resist soil and dirt, but often absorb stains.

Silk is often blended with wool in fine rugs (especially true antiques) to give a luxurious feel and look, but must be treated delicately.

Sisal gives an inviting natural look like wool, but is rougher to the touch. It’s often used for stairs, welcome mats and other high-traffic areas. I’m particularly a fan of it for a dining room.

Nylon is a very practical and cost-effective option. The synthetic fibre is resilient, and easy to clean and maintain (making it ideal for high-traffic areas).

Polyester is a synthetic similar to nylon, but less crush resistant, and harder to dye (which limits options).

It resists water-based stains but is prone to oil-based stains.

Olefin is another synthetic option which is highly resistant to chemical stains (although not oil). It is often used outdoors (especially around pools) as it resists sun and moisture.

Leather and hide rugs can come as single sheets or woven (typically in a basket-weave form). An organically shaped hide (real or faux) works well for awkwardly shaped rooms, or even as an accent layered over a larger rug.

TIP Ask your rug supplier about treatment options for your favourite rug type. Scotch guarding and similar treatments can increase the durability of your rug, but may also reduce the quality of the texture.

DEC 6, 2014 - JAN 3, 2015 | NEW CONDO GUIDE 71

› A dining room rug should anchor the dining chairs even when they have people sitting in them (usually about two ft. from the edge of the table). › Rugs tend to come in standard sizes, so you can measure your space in advance and have a pretty good idea of what to look for.

Very common: 4’x6’, 5’x7’,6’x9’, 8’x10’, 9’x12’, 12’x14’.

CARPET TILES

YOUR BRAND NEW PAD

›C arpet pads are key to extending the life of your rug or carpet, so don’t skip this step. For larger areas, padding should be laid so the seams do not run parallel to any seams in the carpeting. This will prevent buckling and undue wear and tear. ›A pad also helps a carpet to lie flatter (especially for larger rugs), and stay in place, so if your rug has a mind of its own, it’s probably only because it doesn’t have the proper support!

› If you want to avoid investing in some temporary accommodations, or you’re simply worried about a sudden spill or animal attack taking the value out of a good investment, carpet tiles from companies like FLOR will create either a wall-to-wall or area solution of virtually any shape and size, which you can then replace any time you like. I have the Hide and Batik tiles in my own design studio (in grey). › I recommend buying a few extra carpet tiles beyond what you need.

You’ll have spares for replacements, and if you want to move the rug to a new room (or a new home) you can size it up easily.

SELECTING YOUR AREA RUG

The look of an area rug is both classic and contemporary, mixing the crisp sleekness of a wood or stone floor below, with a warm and inviting stretch of carpet on top. Of course, this can often require a double investment. I believe getting the best of both worlds is worth it, so here are a few tips for choosing your area rug the right way: ›A s a general rule, budget the same for your rug and your sofa. Both will take a lot of wear and be a feature you enjoy every day, so the investment should be about the same. ›A rea rugs are a great way to bring a splash of colour, pattern and texture, which can be moved or replaced seasonally as a way to keep your decor fresh. Don’t be scared to go bold, as you can always move or temporarily store it later for a change. › If a room has one major seating group, a rug can anchor the seating area, or fill almost the whole room. ›Y our area rug should reach the furniture it’s grouping together, rather than float in the middle. Get a size big enough to at least tuck under the front legs of sofas and chairs.

72 NEW CONDO GUIDE | DEC 6, 2014 - JAN 3, 2015

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

74 NEW CONDO GUIDE | DEC 6, 2014 - JAN 3, 2015

REGISTER NOW ZIGG WHERE TRADITIONALISTS ZAG. An intimate, new building at 223 St. Clair West in Forest Hill. Unique terraced design. All the hot spots moments away. Transit that keeps you connected.

Modern amenities to keep you entertained.

FOREST HILL LIVING FROM THE LOW $300’S ZIGGCON DO.CA

REGISTER AT ZIGGCONDO.CA • 416.545.0223

Get Social with us:

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.

IN THE NEWS

CONCERT PROPERTIES PROVIDES SHELTER FOR HOMELESS YOUTH through partnership with Youth Without Shelter referral agency WITH ONE HOME AT A TIME, THE KIP DISTRICT, a master-planned community from Concert Properties, will assist one homeless youth through a partnership with Youth Without Shelter. For every suite sold within The Kip District: One, the first building of the five-tower community, Concert will donate the funds required to provide emergency accommodation for one homeless youth for the equivalent of one month through Youth Without Shelter’s Adopt-ABed program.

“We are thrilled to partner with Youth Without Shelter,” says Brian McCauley, president and COO of Concert. “As a developer that prides itself on making a difference within the communities where we live and work, we’re happy to give back to the Etobicoke community in particular by providing shelter and support to some of those who need it most.”

Located on Dundas Street West just west of Kipling, The Kip District: One will rise 28 storeys and feature 283 suites, meaning that upon completion of all sales, over $213,000 will be donated by Concert through its partnership with Youth Without Shelter.

Youth Without Shelter is the only emergency residence and referral agency in Etobicoke serving homeless youth ages 16 to 24. The Adopt-A-Bed program provides refuge in a safe, warm bed; three nutritious meals and two snacks daily; a dedicated front-line team of Child and Youth Care/Social Service Workers; and personal hygiene products.

“This generous partnership ensures that Youth Without Shelter is there as a safe haven where homeless young people can find shelter, support and the opportunity to grow,” says Wendy Horton, executive director, Youth Without Shelter.

“Together with Concert Properties, we’re breaking the cycle of homelessness and assisting each youth as they journey to a life of self-sufficiency.”

Concert Properties is an award-winning developer committed to building strong, sustainable communities across Canada. The Kip District is their second masterplanned community within Etobicoke – located a kilometre west of Concert’s Village Gate West master-planned rental community – and is set to transform the vibrant and evolving neighbourhood of Kipling and Dundas Street West.

Encompassing 1,500 condo homes within five towers, The Kip District will also include a vibrant collection of commercial and retail shops, and services on a six-acre site.

76 NEW CONDO GUIDE | DEC 6, 2014 - JAN 3, 2015

The Kip District will be a sustainable community with urban-inspired gathering places and expansive green spaces that have been purposely and thoughtfully designed. It will include its own outdoor, central public square for all five towers and will be joined by landscaped pathways decorated with lush greenery and custom-made outdoor furniture.

The central square will feature community events and programming for residents, such as farmers’ markets and outdoor concerts.

“We were drawn to Youth Without Shelter because of the incredible amount of support and services they provide for homeless youth located in Etobicoke and across the GTA,” says McCauley. Since its inception in 1986, Youth Without Shelter has helped more than 14,000 homeless youth to build their confidence and life skills and to find long-term stable housing and jobs. Youth Without Shelter not only provides shelter, but a full circle of care to over 1,000 homeless youth each year though counselling, an effective life skills program, employment guidance, placement in affordable housing, and support for continued education.

The Kip District: One is currently in registration with occupancy anticipated to begin in March 2018.

For more information on The Kip District, visit thekipdistrict.com and for more information on Youth Without Shelter, visit yws.on.ca.

KIPLING & DUNDAS Five new sleek towers connected by spectacular views, shops, urban parks and a private clubhouse.

AMENITIES GALORE! Expect a spacious party room, well-equipped gym, home theatre and guest suite in our very first building!

SAY HELLO TO ONE!

VISIT OUR SALES CENTRE TODAY 5143 Dundas St. W. (Dundas & Dunbloor)

SAY HELLO TO PRICES YOU’RE GOING TO LOVE! 25 One Bedroom homes UNDER $249,000 120 One Bedroom + Den homes UNDER $299,000 60 Two Bedroom + Two Bathroom homes UNDER $399,000

THE

KIP DISTRICT

KIPLING AVE.

Register Now. TheKipDistrict.com

DAS

DUN

W. ST.

Future home of The Kip District. 5365 Dundas St. W.

THE QUEENSWAY Rendering is artist’s concept. Prices, availability, design and specifications subject to change without notice. E.&O.E. November 2014

MARKETPLACE

2014 HOLIDAY

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GTA Edition Dec 6, 2014 – Jan 3, 2015

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

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

new releases & grand openings The PJ

by Pinnacle International

Handsome architecture and a vibrant location where Pearl meets John. Register today.

Web: PJCondos.ca

Art Shoppe Lofts + Condos

by Freed

Register now to be part of the transformation of Yonge and Eglinton.

Web: ArtShoppeCondos.com

Blue Diamond at Imperial Plaza

by Camrost Felcorp

Brilliant living is coming soon to Avenue Road and St. Clair. Register now.

Web: BlueDiamondCondos.ca

previews & registrations Citylights on Broadway

by Pemberton Group

Register now for Pemberton’s newest condominium community coming to the scintillating Yonge and Eglinton area.

Web: citylightscondos.ca

The Eglinton

by Menkes

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

Web: Menkes.com

Minto West Side

by Minto

Zigg St. Clair West

by Madison Homes/Fieldgate Homes

Dwell City Towns

by Menkes

New release of townhomes located at Burnhamthorpe and The West Mall.

Web: Menkes.com

Aquavista at Bayside

by Tridel

Now open – a Hines master-planned community of resort-style homes on Toronto’s new blue edge.

Web: Tridel.com

Beacon Condominium

by Sorbara Development Group

Presentation centre now open at this new condo coming soon to North York City Centre.

Web: BeaconCondos.ca

90 Niagara

by Fieldgate Homes

Registration is underway for this distinctive terraced condo at 223 St. Clair West.

Web: ZiggCondo.ca

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

Web: 90Niagara.com

The Kip District

by Concert Properties

Eau du Soleil

by Empire Communities

Coming soon to Kipling and Dundas – urban style on the west side. Register now.

Web: TheKipDistrict.com

New release of fabulous Waterview Suites, including the Terrace Collection.

Web: EauDuSoleilCondos.com

The Colours of Emerald City

by ELAD

50 at Wellesley Station

by Plaza

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

Web: ColoursofEmeraldCity.com

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

Web: PurePlaza.com

Park Towers at IQ

by The Remington Group

Residences of 488 University Avenue

by Amexon Development Corp.

Phase 2 is coming soon to Islington and Queensway. Register today for the priority preview sale.

Web: IQCondos.com

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

Web: 488University.com

Minto Yorkville Park

by Minto

Islington Terrace

by Tridel

Design-forward condos coming soon to Front and Bathurst. Register today for the latest information.

Web: MintoWestSide.com

Luxury condos coming soon to Bellair and Cumberland. Register now.

Web: MintoYorkvillePark.com

Grand opening, steps to the subway in the vibrant Islington Village community.

Web: Tridel.com

TeaHouse

by Lanterra Developments

The Selby

by Cityzen Dev./Fernbrook Homes

The Barrington Condominium Flats

by Lash/Goldman Group of Companies

Where east meets west – Asian-inspired city living is coming to 501 Yonge. Register now.

Web: TeaHouseCondos.com 82 NEW CONDO GUIDE | DEC 6, 2014 - JAN 3, 2015

Register now for this decidedly different condo, coming to Sherbourne and Bloor.

Web: TheSelbyCondos.com

Now open! Condominiums overlooking Forest Hill coming soon to St. Clair and Bathurst.

Web: BarringtonCondos.com

IN THE NEWS

CANARY DISTRICT AND YMCA OF GREATER TORONTO TEAM UP FOR FUN AND FITNESS CANARY DISTRICT IS TORONTO’S

biggest and most innovative 35-acre urban village, where every element is designed to be open and inclusive, and focused on health and wellness.

Vibrant, pedestrian-friendly streets and a location next to an amazing 18-acre park, which leads into 1,800 kilometres of trailheads of prime Ontario hiking and biking land, help make Canary District an ideal location for a balanced lifestyle.

Canary District, in partnership with the neighbourhood’s athletic and social hub, the brand new 82,000-sq.-ft. Cooper Koo Family YMCA, offers free yoga classes in its presentation centre to help you stay centred and fit for all the things you need to do each day. The YMCA is

more than just a gym. Enhance your spirit, mind and body by building self-confidence and reducing stress.

Join Canary District and the Cooper Koo Family Y every Wednesday at 6:30 p.m. for free community Hatha yoga, a gentle style of yoga that strengthens muscles and increases joint flexibility in the body. These Hatha yoga classes, offered in the Canary District presentation centre, are a great way to sample one of the many classes to be offered at the Cooper Koo Family Y when it opens summer 2016.

To reserve your spot, email your name and the dates you wish to attend to events@canarydistrict.com, or call 416.603.7576 . Hurry, as space is limited!

Suites at Canary Park start in the mid-$200’s, making it one of the best condominium values in town.

Visit the presentation centre at 398 Front St. E., open Monday to Thursday, from noon to 6 p.m.; Saturday and Sundays from noon to 5 p.m.; closed Fridays. The parking lot is located off Trinity Street.

*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.

CONDO PROFILE

ARAGON PROPERTIES’ BOUTIQUE-STYLE CONDOMINIUM Enigma on the Park coming to Toronto’s Bloordale neighbourhood

f

or 25 years, forward-thinking developer Aragon Properties has focused on distinctive design and outstanding quality. In another bold step forward, Aragon and one of Toronto’s leading architectural firms, Quadrangle Architects, introduce Enigma on the Park.

The midrise building with 86 loft-style condominiums and parkside townhomes is nestled within the emerging Bloordale neighbourhood, just steps from Bloor Street West and Lansdowne Avenue.

Enigma on the Park is a hidden gem in Toronto’s west end due to its intelligent architectural design and connected location.

86 NEW CONDO GUIDE | DEC 6, 2014 - JAN 3, 2015

Enigma on the Park comes by its name honestly. “It’s situated right at the park, which is an almost unheard of and welcome amenity in a downtown location,” says Richard Witt, principal at Quadrangle Architects. Located off the busy main streets and within an existing residential community, Enigma on the Park incorporates MacGregor Park into the overall building design. The park is an extension of the building as it flows from the perimeter of the condominium and into the interior public spaces. “The park bleeds into the building and creates a feeling of social activity and a sense of community,” says Witt.

Built within and set back from the existing community, Enigma on the Park’s intelligent design makes it fit harmoniously within the surrounding neighbourhood rather than impose upon it. The innovative exterior includes paneling and cantilevered design that makes the building appear smaller in scale.

“Though the design is bold, the location is what really sets it apart,” says Witt. “All other midrise buildings are along main streets, where the amount of density is very small. Here you have a design with open spaces on a park. Enigma on the Park is geared towards people who want to live in a neighbourhood.”

Of the 86 units at Enigma on the Park there are 56 different floor plans, making most suites unique Located within Bloordale Village, residents of Enigma on the Park have access to boutiques, cafes, restaurants, art galleries and markets.

With less than a 10-minute walk from Lansdowne subway station on the Bloor line, it’s effortless to get downtown quickly. Bloor GO station is a short walk away and will be the only central stop of the Union Pearson Express when it’s completed in 2015.

Immediate access to the subway, buses and streetcar has earned Enigma on the Park a transit score of 100.

Of the 86 units at Enigma on the Park there are 56 different floor plans, making most suites unique.

“Not only do you have exceptional design and outstanding quality in a convenient location, Enigma on the Park averages a price of approximately $525 per sq. ft.,” says Ralph Fox, Enigma on the Park sales manager

from Sage Real Estate. “Plus you’re getting 16.3 per cent more value compared to north of Bloor, which is literally a seven-minute walk away.”

Enigma on the Park’s interiors feature wide-plank hardwood flooring, nine-ft. high ceilings, sliding doors to separate living spaces and reclaimed brick walls that are different in every suite. Most suites have a patio or balcony, while penthouses have terraces. Kitchens feature a quartz countertop and blacksplash, sleek Kohler fixtures and a designer appliance package; while bathrooms include quartz countertops, soaker tub and/or fully enclosed walk-in shower. Building amenities include a fully equipped gym, theatre, rooftop lounge with fire pit and barbecue, and dog-washing station, making Enigma pet friendly. Units range in size from 422 to 1,567 sq. ft. and are priced from $231,900.

For more information call 416.516.1551 or visit the sales office located at 138 St. Helens Ave. The presentation centre and fully furnished model suite are open from noon to 6 p.m. on Monday to Thursday; and on weekends from noon to 5 p.m.

Private appointments are available.

DEC 6, 2014 - JAN 3, 2015 | NEW CONDO GUIDE 87

IN THE NEWS

INSIGNIA RESIDENCES CREATE ICONIC ADDRESS BY BAYVIEW VILLAGE

INSIGNIA WILL SOON BE THE ICONIC ADDRESS spoken on everyone’s lips with the launch of the luxurious boutique condominium residences on Sheppard Avenue East, steps from Bayview Village. A six- and eight-storey terraced condominium highlighted with a grand entrance, Insignia by award-winning Castle Group Developments is bringing the cache of Yorkville uptown, where location meets luxury.

The inspired neighbourhood is at the centre of it all, offering convenient access to transit and a plethora of amenities including upscale shopping, gourmet dining, charming green spaces, golf clubs and nearby schools and hospitals.

Residents of Insignia will be able to step out their front door and into one of the city’s most upscale shopping destinations at Bayview Village, with its offering of over 100 luxury retailers, gourmet grocers, restaurants and cafes. Other shopping destinations near Insignia include Shops at Don Mills and Fairview Mall.

For those seeking an respite from shopping, there’s the natural splendor of nearby parks and scenic walking trails, including Rean Park, Hawksbury Park and Bayview Village Park that connects to Blue Ridge Park via a tree-lined trail.

Only five minutes away, Yonge Street offers a variety of culture and entertainment options to revel in with the Art Gallery of North York, Toronto Centre for the Arts and movie theatres. Nearby hospitals include Sunnybrook and North York General.

Insignia is steps away from transit with Bayview Station on the Sheppard subway line a short walk away. As well, access to the 401 and the Don Valley/404 is virtually instant and offers the convenience of getting around the city easily.

Insignia’s stunning architecture by HCA Architecture, is contemporary yet refined, urban and sophisticated, featuring lush landscaping and a dramatic entrance way that create a grand sense welcome for both visitors and guests. This carriageway is flanked by stone and glass accents with entrance doors leading into the elegant lobby. The lobby leads into a private lounge accented by an inviting 88 NEW CONDO GUIDE | DEC 6, 2014 - JAN 3, 2015

fireplace, perfect for meeting with friends or business acquaintances.

Amenities at Insignia offer a true sense of luxury living. Residents can entertain guests in style in the multipurpose party room or the sports bar, which overlooks a beautifully landscaped outdoor space with barbecue area. Guests can stay overnight in the welcoming master guest suite.

For Insignia owners seeking a quick work-out before or after work, the fitness centre is equipped with the latest weight and cardio equipment.

Suites at Insignia offer an exquisite balance of style and substance with nine-ft. ceiling heights, expansive windows, spacious closets and highquality laminate plank flooring.

Designer kitchens include natural stone countertops, ceramic tile backsplash, fine-crafted cabinetry and full-sized stainless steel appliances. Bathrooms feature deep soaker tub or stand up shower, ceramic tiles and custom cultured marble vanity counter. All suites feature balconies or terraces, while the Terrace Penthouse and Grand Penthouse floors feature oversized terraces and balconies – perfect for entertaining.

Suites range from 555 to 1,537 sq. ft. and are available in one-bedroom, one-bedroom-plus-den, two-bedroom, two-bedroom-plus-den, threebedroom and three-bedroom-plus-den designs. Occupancy is scheduled for Sept. 2017.

For more information on Insignia, register at insigniacondos.ca or call 416.304.1212

iCONIC

DESIGN

insignia R E S I D E N C E S AT B AY V I E W V I L L A G E

BOUTIQUE CONDOMINIUM LIVING AT BAY VIEW VILL AGE FROM THE MID $300’S

Insignia. Refined elegance meets sophisticated living, across from Bayview Village and steps to the subway, parks, fine dining and more. Welcome home.

REGISTER AT INSIGNIACONDOS.CA OR CALL 416.304.1212

EXCLUSIVE LISTING INTERNATIONAL HOME MARKETING GROUP. BROKERS PROTECTED. PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. ILLUSTRATIONS ARE ARTIST CONCEPT. E.&O.E.

IN THE NEWS

AXIOM BREAKS GROUND on Adelaide Street East FOLLOWING THE RAPID SALE OF THE

Axiom’s Tower Two suites (70 per cent sold), this iconic condo has broken ground and construction is now underway.

Attending the ground-breaking ceremony recently were executives from the Greenpark Group and Fieldgate Homes, the two visionary development firms responsible for this remarkable success story on Adelaide Street East. Axiom still has excellent suites available, and with units priced from the mid-$200’s in a prime location in one of Toronto’s hottest up-andcoming locations, they are expected to sell out quickly.

Given the hip location and equally sophisticated array of amenities throughout, it’s little wonder Axiom’s first tower sold out quickly, which led to the release and rapid sale of Tower Two suites.

Axiom’s bold architecture is the epitome of cool in an historical neighbourhood that is quickly emerging as a key destination for smart money, and savvy urbanites who want everything downtown Toronto living has to offer.

The Axiom experience begins at ground level with hotel-inspired amenities, including a porte cochere, sumptuous lobby with 24-hour concierge, and other main-floor features including a wi-fi lounge.

Other key amenities include surround-sound theatre room, sports lounge (equipped with a bigscreen TV, billiards and games tables) and pet grooming room to give residents and their pets a special place to relax.

090 NEW CONDO GUIDE | DEC 6, 2014 - JAN 3, 2015

PICTURED: Representing Greenpark Group are Lino Pellicano, vice-president, highrise division; Ted Wine, executive vice-president; Armando Baldassarra, president; Carlo Baldassarra, chairman and CEO. Representing Fieldgate are Yitzy Gunsburg, principle of Fieldgate Urban; Dov Seidenfeld, principle of Fieldgate Urban; Leith Moore, senior vice-president of Fieldgate Urban; Tom Kohn, principle of Fieldgate Urban

Axiom also boasts a landscaped second-floor outdoor terrace with lush seating, fire pit and a water feature. Multiple event and party rooms are available on this floor, and feature equipped caterer’s kitchens. A fully appointed fitness studio, featuring a yoga space, sauna, and separate change rooms for men and women, is also part of the extensive amenity package on the second floor. Topping off this magnificent residence is Axiom’s panoramic rooftop Sky Deck – an urban oasis perfect for sunbathing, sunsets or dining alfresco.

If you’re keen on having dining, entertainment and shopping options just steps from home, Axiom is for you! Short walks away are the worldrenowned St. Lawrence Market, Distillery District, and new West Donlands Park. Relax at nearby Sugar Beach, have a bite in trendy Leslieville, or explore the main shops along King, Queen, Front and Wellington. Axiom is located within walking distance of so many essential, exciting downtown destinations and with easy access to public transit, it scored an near perfect 98 per cent on the influential review site Walk Score.

Axiom has proven to be an irresistible investment opportunity in an up-and-coming location. Seventy per cent of Axiom Phase II is sold.

Great suites are still available.

To book your private appointment, call 647.352.4077, or visit online at Axiomcondos.ca.

D ITE NLY LIM E O CK TIM $ A B O SH T A UP

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COME SEE WHY WATERMARK IS MAKING WAVES ON THE ETOBICOKE WATERFRONT.

4 FULLY FURNISHED MODEL SUITES NOW OPEN Immediate Occupancy • $10,000 Deposit • Free Parking • Free 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

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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 2 Great Gulf 6 Cresford Development Corp.

7 The Daniels Corporation 11 Menkes Developments Inc. 11 Menkes Developments Inc. 12 Streetcar Development 17 Rockport Group 18 Urban Capital 18 Monarch Corporation 18 Urban Capital 20 Menkes Developments Inc. 21 Easton’s Group 22 Monarch Corporation 23 Tribute Communities 26 Bazis Inc. 27 The Daniels Corporation 28 Empire Communities 35 Menkes Developments Inc. 35 Menkes Developments Inc. 42 Triumph Developments 48 Minto Communities Inc. 48 Madison Homes 49 Lanterra Developments 50 Cresford Development Corp.

51 Tridel Corporation 52 Cresford Development Corp.

52 Cresford Development Corp.

58 Great Gulf 61 Minto Communities Inc. 65 Aragon Properties 67 Pemberton Group 99 Great Gulf 124 Pinnacle International 126 Great Gulf 131 Lanterra Developments 140 Eden Shaw 140 45 Charles Ltd. 149 Camrost - Felcorp 149 Camrost - Felcorp 150 Aspen Ridge Homes 155 Lifetime Developments 190 Cresford Development Corp.

202 Bazis Inc. 202 Rio Can 202 Metropia 217 Pemberton Group 217 Baywood Homes 218 Malibu Investments Inc. 218 Urban Capital 222 Lamb Development Corp.

1 Goldman Group & Lash Dev. Corp.

1 Goldman Group & Lash Dev. Corp.

2 Concord Adex 3 Concord Adex 3 Concord Adex 3 Concord Adex 3 Concord Adex 4 Gairloch Investments 4 Centrestone Urban Developments Inc. 5 Onni Group of Companies 5 Onni Group of Companies 5 Concord Adex 6 Cresford Development Corp.

6 Cresford Development Corp.

7 The Daniels Corporation 8 Cresford Development Corp.

9 Aspen Ridge Homes 9 Cityzen 10 Empire Communities 11 Tridel Corporation 12 North Drive Investment 13 Streetcar Development *TH: Townhomes, C: Condo

Site Telephone TH* C* Price Range Page Finder Yonge+Richmond 416-499-8883 • from $330,000 26 16K Merton Yonge Condominiums 416-484-1900 • from $450,000 120 14e High Park Condominiums 416-351-1844 • from $300,000 Insert 8L Pears on the Avenue 416-323-0100 • from $420,000 Insert 14I 365 Church 416-591-7700 • from $246,000 Insert 14I The Southwood 416-750-7506 • from $300,000 47 23D The Nest 416-223-0003 • from $250,000 73 11H River City 2 416-862-0505 • • from $500,000 67 18L Riva del Lago 416-495-3544 • from $300,000 Insert 24c RC3 416-862-0505 • • from $220,000 43 18L Fabrik 416-591-7700 • from $292,000 Insert 14M King Blue Condominiums 416-599-1355 • from $250,000 69 12N Picasso on Richmond 416-495-3549 • from $400,000 Insert 14M The College 416-363-4800 • from $336,000 45 M14 No1 Yorkville 416-519-2911 • from $475,000 5 15I One Park Place South Tower 416-955-0559 • from $250,000 31 18k Eau Du Soleil Waterfront Condominiums 416-503-3328 • from $350,000 6-7 25B 87 Peter menkes.com • from $282,000 Insert 15M The Eglinton Yonge at Heart menkes.com • from $250,000 Insert 15D Howard Park 2 416-873-0989 • 57 9L Yorkville Park mintoyorkvillepark.com • • from $420,000 17 14J Zigg St.Clair West ziggcondo.ca • • from $320,000 75 14J Teahouse 416-861-1111 • from $250,000 11 16K VOX cresford.com • 120 15J Aquavista at Bayside Toronto tridel.com • IFC 18N CASA 2 416-486-2272 • from $320,000 120 15L CASA III 416-486-2272 • from $390,000 IBC 15L Monde 416-466-8885 • from $360,000 26 17M West Side mintowestside.com • • from $190,000 55 13M Enigma on the Park 416-516-1551 • from $264,000 85 9L Citylights on Broadway 905-326-4100 • 9 14D One Bloor Residences 416-922-0081 • from $560,000 26 15I The Pinnacle on Adelaide 416-596-1600 • from $350,000 83 15M X2 416-927-0080 • from $500,000 27 16J Riverhouse at the Old Mill 416-766-7343 • from $500,000 14 5L Chaz Yorkville Condos 416-922-0045 • from $300,000 29 16J Chaz Yorkville Condos 416-922-0045 • from $300,000 29 16J Blue Diamond at Imperial Plaza bluediamondcondos.ca • from $300,000 3 15I Yorkville Plaza II 416-966-3003 • 1 15I Studio on Richmond 647-352-7736 • from $300,000 19 15M The Bond Condominiums 416-546-7525 • • 25 15G 1000 Bay 416-485-3000 • from $390,000 120 15J E Condos 416-243-8688 • from $360,000 23 14D E Condos 416-243-8688 • from $360,000 23 14D E Condos 416-243-8688 • from $360,000 23 14D TEN93 Queen West 416-546-6355 • from $280,000 8 12F TEN93 Queen West 905-326-4100 • from $280,000 8 12F Smart House 416-292-0219 • from $438,000 61 15L Smart House 416-292-0219 • from $438,000 61 15L The Harlowe 416-363-1771 • from $273,000 59 15M 530 St. Clair Ave. West 416-868-0500 • from $344,000 12H the rushton rushtonliving.com • from $344,000 12H FWD at Concord CityPlace 416-813-0999 • • 13F Quartz at Concord CityPlace 416-813-2999 • • 15M Spectra at Concord CityPlace 416-813-0999 • • 15N Grand Parade 2 at Concord CityPlace 416-813-0999 • 15M Parade TWO Park Collection at Concord CityPlace 416-813-0999 • from $308,000 15M 383 Sorauren 383sorauren.com from $265,000 9M 383 Sorauren 416-588-0383 from $265,000 9L Garrison at the Yards 416-260-2600 • from $190,000 14n West Lake 416-260-2600 • from $240,000 14N Newton at Concord CityPlace 416-813-0999 • 12F NXT2/Phase Two 416-977-5300 • • from $210,000 5F NXT at Windermere By the Lake 416-977-5300 • • from $350,000 5F The Parkside Collection 416-351-1844 • from $700,000 8L NXT 2 416-977-5300 • • from $300,000 8N VU 416-970-9500 • • from $370,000 16L Riverside in Pine Grove 416-746-1234 3F The HUB 416-784-3482 • from $250,000 9F Sherwood at Huntington 416-485-1900 • from $1000,000 18G The High Park 416-670-3699 • from $300,000 8L Trinity Lofts 416-690-2988 • from $330,000 19l

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

Attention Builders - Want to add your community to our maps?

Need to update existing information? Please fax the details to (416) 789-9554

Builder

Site

Canalfa Group Tridel Corporation Freed Urban Capital KIngstone Road Development 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 Neudorfer Corporation Cresford Development Corp.

Easton’s Group Fernbrook Homes/Cityzen Dev. Lash Group of Companies 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 Freed 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. Fieldgate Homes Freed Carttera Solotex Mod Developments Inc. Reserve Properties Castlepoint/Numa Dundee Kilmer Developments 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

Liberty Place 416-537-0047 • • from $170,000 101 Erskine 416-480-0700 • from $286,000 155 REDPATH 416-996-5428 • from $210,000 River City 416-862-0505 • • from $250,000 The Glen 416-694-3333 • from $255,000 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 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 Garrison Point garrisonpoint.ca • from $250,000 The Barrington Condominiums Flats 416-410-4444 • from $350,000 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 Art Shopee Condos freeddevelopments.com • from $200,000 Flatiron Lofts 416-368-5262 from $243,000 300 Front Street West 416-217-0300 • from $324,000 Atmosphere 416-217-0300 • from $1200,000 One Eleven Condominiums & Lofts 647-347-4111 • from $250,000 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 $420,000 Five Condos 416-928-0555 • • from $375,000 Five Condos 416-928-0555 • • from $375,000 Rise 416-546-7399 • • from $290,000 Model Suite of the Month • Neon 416-987-7878 • from $470,000 The Carlaw 416-690-8588 • from $200,000 Allure Condominiums 416-487-7600 • from $350,000 Cinema Tower Condominiums 416-203-2020 • from $450,000 FAD Condos 416-815-1818 • from $250,000 30 Roe 416-915-3812 • from $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 90 Niagara 416-981-0036 from $347,000 SIXTY Colborne 416-601-0060 • from $300,000 SIXTY Colborne 416-598-7775 • from $300,000 Upper Beach Townes 416-693-7500 • from $390,000 The Massey Tower 416-966-0197 • • from $320,000 109OZ 416-531-4844 • from $300,000 The Sterling 416-777-2533 • • from $230,000 Canary District Condominiums 416-603-7576 • from $250,000 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 12N 14D 14D 18L 23H 12N 12N 12N 12F 17L 15D 15I 25B 17m 17m 13H 15H 14E 19L 16L 9k 14L 17k 13N 12H 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 14D 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 14E 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 14E 16M 16M 12M 15M 14O 16L 16L 24G 16L 12M 9L 18L 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

# 14 15 16 18 19 21 21 21 22 24 25 26 28 29 29 30 31 32 33 34 36 37 38 40 41 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 79 81 83 84 85 85 85 88 94 101 102 103 103 104 106 106 109 109 110 114 117 117 117 118 118 120 120 122 126 128 129 130 131 131 133 134 135 135 136 137 141 142 148 149 149 151 151 151 153 153 153 154 155 157 162 165 170 173 175 179 179 184 184 185 186 188 189 191 192 195 195 197 198 199 200 200 201 206 207 210 215 215 217 219 220 221 223

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

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Concord Adex Sorbara Group Castle Group Menkes Developments Inc. 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 Greenland Group MintoUrban Communities Inc. Devron Developments Aspen Ridge Homes ELAD Canada 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 53 Insignia Residences at Bayview Village 416-304-1212 from $350,000 89 Gibson Square 416-730-9722 • from $836,000 Insert 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 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 The Colours of Emerald City coloursofemeraldcity.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 20C 17C 18A 22C 17C 8E 23G 18D 18D 4C 22C 22C 22C 22C 25C 17C 17C 17C 17C 11C 22e 12E 12E 25D 17B 13C 13N 18c 18c 23G 24C 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

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

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Gardiner Expressway Evans Ave 2

Horner Ave

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Park Lawn

QEW

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Royal York Rd

Scarborough

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*TH: Townhomes, C: Condo

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Builder Tridel Corporation Concert Properties Monarch Corporation Menkes Developments Inc. Liberty Development Corp.

Monarch Corporation Insoho Developments 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 Esquire Homes Times Group Corp.

ICON Homes Henderson Development Limited Queenscorp Residences Monarch Corporation Empire Communities Edilcan Development Corp.

Tridel Corporation Amexon Development Corporation Tridel Corporation Remington Group Pemberton Group Alterra Homes/Finer Space Tridel Corporation Phantom Developments Your Home Developments VHL Developments Ltd. VHL Developments Ltd. Royale Grand Woodbine Developments MintoUrban Communities Inc. First Avenue Properties Lash Group of Companies

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Orton Park Rd

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Scarborough Golf Rd

McCowan Rd

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

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Kennedy Rd

Ellesmere Rd

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55 Midland Ave

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Milner Ave

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Finch Ave E

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McNicoll Ave

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McCowan Rd

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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 77 22F Lago 416-495-3544 • from $200,000 Insert 25c Dwell City Towns menkes.com • from $390,000 Insert 20F Terrace on Danforth 416-987-7575 • from $253,000 35 2G Waterscapes 416-495-3544 • from $400,000 Insert 26H Imagine Condos 416-367-7303 from $235,000 4F On The Go Mimico 647-692-8417 • from $250,000 23H On The Go 647-692-8417 • from $250,000 23H 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 24F Altitude 416-321-1659 • from $230,000 25H One Sherway Condominiums 416-695-3535 • from $280,000 20G One Sherway Condominiums 416-695-3535 • 20G 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 23D Jasmine Condominiums 416-702-1234 • from $250,000 2C Residences at The Hunt Club 416-699-1711 • from $300,000 2G Three Seven Condos & Lofts esquirehomes.ca • from $210,000 12D Key West Condominium keywesttorontocondo.com from $320,000 25H Royal York Urban Towns 416-901-0206 • from $220,000 24H Centro 416-296-1898 • from $185,000 5D Watermark 416-354-2221 • from $350,000 23H Encore 416-495-3544 • 6D Beyond The Sea Star Tower Condominiums 416-979-1333 • • from $400,000 24H Triumph at Valhalla 416-233-5554 • from $250,000 21F 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 20F Park Towers at IQ 416-253-5838 • from $170,000 23G 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 25G 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 Me Condos 416-430-0003 • from $250,000 8D

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

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

96

#

Builder

1

Menkes Developments Inc.

TH* C*

Price Range

Harbour plaza

menkes.com

•

from $350,000

4 tridel corporation

AquaVista at Bayside Toronto

416-514-2710

•

12 STREETCAR

The Southwood

416-750-7506

• from $300,000

47 23D

18 URBAN CAPITAL

River City 2

416-862-0505

• from $276,000

67

16F

58 GREAT GULF

Monde

416-466-8885

• • from $304,000

26

17E

2

Concord Adex

FWD at Concord CityPlace

416-813-0999

• •

13F

3

Concord Adex

Quartz at Concord CityPlace

416-813-0999

• •

12F

3

Concord adex

ParadeTWO Park Collection at Concord CityPlace

416-813-0999

• from $308,000

15M

4

Monarch Corporation

Nautilus at Waterview -

416-203-6636

• from $400,000

25H

4

tridel corporation

Aqualina at Bayside Toronto

416-514-2710

•

16E

5

Cresford Development Corp.

NXT at Windermere By The Lake

416-977-5300

• • from $350,000

11f

5

Cresford Development Corp.

NXT2/Phase Two

416-977-5300

• • from $210,000

4E

8

CONCORD ADEX

Spectra at Concord CityPlace

416-813-0999

• •

14F

10 Great Gulf

Twenty Lombard

416-499-8883

• from $492,000

16K

11 CAMROST FELCORP

California Condominiums

sunsetcondos.ca

• from $242,000

25G

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

Site

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

Telephone

•

Page

Finder

Insert

14F

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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

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416-354-2221

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416-503-3328

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905-271-5038

• from $280,000

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On The Go

647-692-8417

• from $250,000

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San Francisco By The Bay

905-831-3631

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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

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Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

Phillip M

Manvers

Scugog

• from $390,000

Bloor St

S

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Park Rd S

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400

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Delaney Dr

Harwood Ave

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20

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69

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27

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97

I BUILD MEMORIES. “Since joining the company, I’ve found members and BILD’s staff very welcoming and have always made me feel at ease.

Membership provides a platform that cultivates the building of solid relationships. For our company, BILD… Where absolutely everything you will ever need to grow your business lives!”

Vanessa Checchia, Décor Specialist Decorenza Service Professional Member Since 2002

I AM

Get Involved: bildgta.ca

GTA Edition Dec 6, 2014 – Jan 3, 2015

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

905

previews & registrations

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

Daniels Erin Mills

by The Daniels Corp.

Now on sale and under construction at Erin Mills and Eglinton – a new master-planned community where you can live, work, play, grow, shop, dine and more! Register now.

Web: DanielsErinMills.com

LINK2 Condos + Lofts

by Adi Development Group

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

Web: AdiDevelopments.com

new releases & grand openings Pace on Main

by Geranium Homes

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

Web: GeraniumHomes.com

Hot Condominium

by Great Gulf

Phase 2 of this master-planned community in the heart of Woodbridge in now previewing!

Web: CentroSquare.ca

The Sorrento

by Armour Heights Developments

Register now for Euro-style living in Richmond Hill.

Web: TheSorrento.ca

Riverside in Pine Grove

by Rosebury Homes

Phase 3 final release of boutique condos now on sale at Winston Churchill and Eglinton.

Web: GreatGulf.com

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

Web: LiveAtRiverside.ca

Pinnacle Grand Park 2

by Pinnacle International

The Berkeley

by Carriage Gate Homes

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

Web: PinnacleInternational.ca

Hotel-inspired living is coming soon to downtown Burlington. Register today.

Web: TheBerkeleyCondo.com

Legacy Park

by Liberty Development

The Craftsman

by Vandyk

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

Web: LegacyParkCondos.com

100 NEW CONDO GUIDE | DEC 6, 2014 - JAN 3, 2015

Centro Square Condos

by Liberty Development

The preview sales gallery is now open. Visit for more on these artisan-inspired condo residences at the gateway to Mississauga’s Clarkson Village.

Web: CraftsmanCondo.com

LIVE LIFE

VISIT US TODAY!

Live Free FOR A YEAR PROGRAM COMMISSION

INCLUDES:

$10,000 CASH BACK

ON CLOSING & MAINTENANCE FREE FOR 1 YEAR

FREE PARKING ($25,000 VALUE) FREE LOCKER ($2,500 VALUE) ACCESS TO THE GRAND SPA EASY DEPOSIT STRUCTURE

THE KEY TO YOUR PALACE AWAITS 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 AT 9612 Yonge St., Richmond Hill

16TH AVE.

BAYVIEW AVE.

WELDRICK RD.

YONGE ST.

MAJOR MACKENZIE DR.

Prices & specifications subject to change without notice, E. & O. E.

DEC 6, 2014 - JAN 3, 2015 | NEW CONDO GUIDE 101

CONDO PROFILE

The Winter Garden at Grand Palace in Richmond Hill

LUXURY REIGNS IN RICHMOND HILL

t

he lap of luxury, Grand Palace, is becoming a reality on Yonge Street in the heart of Richmond Hill. With two towers well under construction, excitement is growing as each new floor rises.

“At Grand Palace, our vision is to create an ambient lifestyle of enjoyment, serenity and convenience all while surrounded by beauty and luxury. It’s the perfect community to call home,” says Candice Gasparro, marketing manager. It’s instantly apparent when visiting the Grand

102 NEW CONDO GUIDE | DEC 6, 2014 - JAN 3, 2015

Palace sales office that no small detail has been overlooked in the planning of this complex – the attention to detail and uncompromising standard of excellence is carried throughout the development.

The three partners, Stefano Guizzetti, Albert Gasparro and Jack Scivoletto, paid meticulous consideration into details often overlooked. In fact, the partners are so committed to the Grand Palace that they have each purchased their own suites, as well as the staff at G Group, attesting to the quality of this beautiful development. The partners seek to exceed expectations with three elevators per tower, where only two were required. Their goal is to provide convenience to the residents by minimizing elevator wait time!

The jewel of Grand Palace is the Winter Garden.

Uniting the two towers located directly on Yonge Street, the Winter Garden is a year-round oasis.

Each suite at Grand Palace features nine-ft. ceiling heights and is equipped with independent suite climate control, a useful feature that most buildings do not offer.

Each tower also has a guest suite and party room with an outdoor terrace. Residents at Grand Palace, have the convenience of condominium living with the benefits of hosting special occasions and entertaining in a home.

The finishes of each suite are spectacular at Grand Palace. The quality of the selected finishes exudes a sense of regency. The standard finishes at Grand Palace are considered upgrades at other condominiums.

What really distinguishes Grand Palace from its competition are the incredible exclusive amenities available to its residents. The Grand Spa is the first-of-its-kind freestanding amenities structure. Not only will The Grand Spa feature a full service fitness centre, yoga room, outdoor tanning terrace, indoor swimming pool and saunas, but homeowners at Grand Palace will have access to a luxurious full service spa only steps from their door.

The jewel of Grand Palace is the Winter Garden. Uniting the two towers located directly on Yonge Street, the Winter Garden is a year-round oasis. Here residents can meet with family and friends under the alluring 27-ft. ceilings and enjoy the beauties of nature year round.

The Winter Garden will feature underground water streams, a beautiful fountain and boutique coffee shops on either side so residents will do more than just live at Grand Palace – they will relish every moment and aspect of life at this fantastic location.

At Grand Palace, residents can Live Life Grand at affordable prices. Construction is well underway with occupancy expected to begin in late 2015.

Home ownership opportunities like this are rare. Never before has a condominium complex been so finely and luxuriantly featured, all nestled within the heart of Richmond Hill. Visit grandpalace.ca or call 905.907.4370.

DEC 6, 2014 - JAN 3, 2015 | NEW CONDO GUIDE 103

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 104 NEW CONDO GUIDE | DEC 6, 2014 - JAN 3, 2015

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

F

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

DW

S

LLOYD LLOYD STST

DW

S

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.

IN THE NEWS

Amenities promote social living at

THE CRAFTSMAN CONDOMINIUM

CAPTURING AND REFLECTING AN ENGAGED AND HEALTHY LIFESTYLE IS THE INTENT

behind the social amenities provided at The Craftsman, the new luxury condominium residences being developed by Vandyk Group of Companies in the quaint village of Clarkson in Mississauga. Inspired by legendary architect Frank Lloyd Wright, this four-storey development features a range of amenities designed to promote ‘The Art of Living’ and social interaction amongst neighbours.

The Clarkson Club party room will be a main social gathering spot within the development – the ideal place to meet up with friends, family and neighbours. Featuring a flat-screen television and an indoor/outdoor doublesided limestone-clad fireplace in the lounge seating area, The Clarkson Club is a casual, warm environment inviting you to entertain in perfect style and ambiance. It features a catering kitchen and private dining room for dinner parties of up to 10 people, and an outdoor terrace with barbecue area.

Also included is a Hobby and Gardening room with a potting station for ambitious experimentation.

The perfect setting for entertaining on warm summer evenings is The Craftsman’s expansive and stylish rooftop terrace, an oasis of sophistication affording outstanding views of surrounding Birchwood Park. Barbecue, dine and converse in specially designed zones created to enhance your outdoor experience. There are many lounge areas in which to curl up with a favourite book or simply bathe in the sun, and an open fire pit by which to extend your evening outdoors.

For a healthy body, mind and soul, there is also a fully equipped fitness centre and yoga room. The latest cardio and fitness machines are perfectly positioned next to large windows, allowing an abundance of natural light. The distinct Stretch Yoga Studio can be portioned off by glass walls to allow a meditative environment for quiet contemplation.

106 NEW CONDO GUIDE | DEC 6, 2014 - JAN 3, 2015

Another stunning architectural statement of The Craftsman is the two beautifully landscaped outdoor courtyards nestled between the buildings. These courtyards create a neighbourhood feel inside the development for residents to engage and interact with each other amongst professionally manicured gardens, trees, shrubbery and a water feature designed to bring the nature of the outside inside the residents’ personal spaces.

Upon entering the building, residents are also welcomed by a large water feature, a tribute to the infamous Falling Water by Frank Lloyd Wright and an Inukshuk symbolizing togetherness, balance and strength.

Located on lively Lakeshore Road West adjacent to the forested setting of Birchwood Park, The Craftsman Condominium Residences is just steps from the Lake Ontario waterfront, with its yacht clubs, running paths, bike trails and boardwalks. It is also close to restaurants, shopping, bistros, galleries, The Ontario Racquet Club and established golf clubs in Mississauga.

Only minutes away from the Clarkson GO station and with quick access to the QEW, commuting to Downtown Toronto is a breeze.

With prices starting from the $300’s, The Craftsman is that rare combination of style and substance and form and function, and offers the opportunity to enjoy ‘The Art of Living’ within a beautifully matured natural setting.

Visit the preview sales centre at 1034 Clarkson Rd. N. Hours are Monday to Friday noon to 7 p.m.; Saturday and Sunday noon to 5 p.m. For more information, visit craftsmancondo.com.

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* Due to scale restrictions, locators are approximate.

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The Craftsman

7

Great Gulf

HOT

905-828-4257

Daniels Erin Mills

47 The Daniels Corporation

Telephone

TH* C*

craftsmancondos.com

Price Range

Page

Finder

from $300,000

107

21N

•

from $330,000

27

16M

905-306-6996

•

from $250,000

15

17M

2

Windcatcher Development Corporation

Atwater Condos

905-271-5038

•

from $280,000

24L

3

Castleridge Homes

The Clairington

905-793-0002

•

from $230,000

16E

3

Pinnacle International

The Marquee Townhomes on the Park

905-568-9000

•

from $720,000

20K

4

Conservatory Group

Mirage

905-232-2400

•

from $270,000

20K

5

AMACON

PSV2

905-273-9333

•

20L

8

Fernbrook Homes

Absolute World

416-869-6057

•

from $188,000

21k

8

Cityzen

Absolute World

416-869-6057

from $188,000

21K

10 AMACON

The Residences at Parkside Village

905-273-9333

•

21K

12 Alterra Homes

Renaissance in Olde Brampton

416-710-1010

•

from $490,000

13H

14 Pemberton Group

Rosedale Village Golf & Country Club

905-799-5000

•

from $346,000

13F

15 ADI Development Group

Link2 Condos+Lofts

905-592-2028

•

from $195,000

5M

16 Vandyk Communities

Windows on the Green

905-822-3333

from $300,000

19N

17 Pemberton Group

Downtown Erin Mills Condominiums

905-630-6300

•

from $300,000

18M

18 Retirement Lifestyle Communities

Palisades on the Glen

905-820-8210

•

from $290,000

18N

20 Carriage Gate Homes

The Berkley Downtown Burlington theberkeleycondo.com

•

5M

21 Casino Bay Dev. Corp./Toddglen

Panoramic Point at Brewery Bay

1-866-611-5525

•

from $264,000

7Q

27 Inzola Group

Park Place

905-451-7001

•

from $310,000

14H

30 Pinnacle International

Pinnacle Grand Park 2

905-276-3981

•

from $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

17O

38 Tridel Corporation

Metrogate - Ventus 2

416-293-5535

•

•

from $302,000

19J

38 Tridel Corporation

Ventus at Metrogate

416-293-5535

•

•

from $344,000

19J

45 Empire Communities

Rain Condominiums

905-845-7246

•

from $200,000

17Q

46 Mattamy Homes

The Mount Pleasant Village

mattamyhomes.com

•

from $200,000

20K

*TH: Townhomes, C: Condo

Highlighted listings are advertised in this issue of Condo Guide.

Please refer to page number for complete information.

•

•

Attention Builders - Want to add your community to our maps?

Need to update existing information? Please fax the details to (416) 789-9554

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

#

109

1

A

2

3

4

5

6

7

8

9

10

11

12

13

14

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

16

17

18

19

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East

Site

Telephone

2

34

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Town of Markham

46

12

5

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Tow n of Oshaw a

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Bullock D r Hw y 7

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16 Ave Carlton Rd

407

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45

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905regionalmaps: Maple, Thornhill, Richmond Hill, Vaughan, Markham, Ajax, Whitby, Oshawa

Leslie St

Leslie St

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7

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407

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Richmond Hill

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22

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11

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Jefferson Sideroad

Cr

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400

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Kirby Rd

N ashville Rd

W eston Rd

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Pine Valley

Cold Cree k Rd

12 Line Rd

King-Vaughan Rd

Tow n of Ajax

City of Pickering

Yonge St

6

Bayview Ave

King Rd

23

Tow n of W hitby

Bloom ington Sideroad

b

21 22

Markham

D enison St

Price Range

Page

Finder

Garden Court

416-495-3595

•

from $400,000

Insert

16D

13 Liberty Development Corp.

Legacy Park

905-731-8302

•

from $300,000

37

10g

32 Liberty Development Corp.

Royal Gardens

905-889-9997

•

from $303,000

35

15F

43 Guizzetti Developments

Grand Palace

905-907-4370

•

from $295,000

101

12E

44 Liberty Development Corp.

Centro Square Condos 2

905-851-8877

•

from $400,000

36

5F 22D

2

Flato Development

Arthouse Condos

905-554-8722

from $200,000

3

Tribute Communities

Varley

905-604-1477

•

from $420,000

19F

4

Tridel Corporation

Renaissance of Richmond Hill

416-736-9500

•

from $740,000

14E

Grand Cornell Brownstones in Markham

905-294-6161

from $340,000

23F

6

5 Lindvest Armour Heights Developments

The Sorrento

289-637-1777

•

from $390,000

13B

7

MintoUrban Communities Inc.

WaterGarden

416-915-3800

•

from $300,000

12F

10 Great Lands Corp.

The Beverly Hills Resort Residences

905-882-6636

from $250,000

12E

11 Triaxis Development Inc/Marino Developments

Courtyards of Maple

416-798-7070

•

from $390,000

7D

12 Greenpark Homes

UV2

905-554-6501

•

from $253,000

22F

14 Remington Group

The Signature Condominium

905-948-9900

•

from $300,000

18F

14 Remington Group

Model Suite of the Month

905-948-9900

•

from $300,000

18F

20 Solmar Development Corp

Bellaria Residences

905-417-8482

•

from $240,000

7e

22 Quadra Mgt. & Sceptre Devs.

Renaissance Court at Woodbridge Gates

905-851-4220

•

from $505,000

2F

22 Wycliffe Homes

Fairground Lofts

905-605-5900

•

from $340,000

2F

24 Liberty Development Corp.

The Fountains

905-731-8302

•

from $272,000

10F

26 Rice Development

Ambria

905-796-3630

•

from $340,000

3F

28 Chestnut Hill Homes

San Francisco by the Bay

905-831-3631

•

from $200,000

22C

31 Pemberton Group

Sky City

905-709-5700

•

from $320,000

12F

31 Pemberton Group

•

•

Sky City 2

905-709-5700

•

from $320,000

12F

32 Signature Communities

TAO Boutique Condos

905-597-2535

•

from $200,000

15F

33 Pemberton Group

Miracle at Yonge

905-709-5700

•

from $280,000

12F

34 Sierra Homes

68 Main Street

905-305-0822

•

from $250,000

21E

40 Nova Trimax

Allegra

905-850-6866

•

from $250,000

1F

Vista Parc Condominiums

905-850-8883

•

from $260,000

3F

45 Kylemore Communities

The 6th Angus Glen

905-887-9950

•

19E

46 Empire Communities

The Mark

905-554-5015

•

22E

41 Quadcam Development Group Inc

*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

LOOKING FOR A NEW HOME?

It’s only a tap away.

Find the perfect new home or condo in the neighbourhood that fits your lifestyle.

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HOT DATES

DECEMBER 2014 Calendar of events taking place from December 6 – January 3

HIGHLIGHTS

UNTIL DEC. 7

One Of A Kind Christmas Show & Sale UNTIL DEC. 21

Toronto Christmas Market DEC. 31

New Year’s Eve

Until Dec. 7

Until Dec 21

One Of A Kind Christmas Show & Sale

Toronto Christmas Market

DIRECT ENERGY CENTRE, EXHIBITION PLACE Kick off the holiday season at this popular annual craft show and sale. It’s a one-stop shop for all your gifting needs – whether buying for someone deserving or treating yourself. Browse hand-crafted art, jewelry, fashion, accessories, housewares and one-of-a-kind treasures by more than 800 artisans and designers. oneofakindshow.com

THE DISTILLERY HISTORIC DISTRICT The annual holiday street market takes over the Distillery with local vendors, family-friendly entertainment and more, inspired by Europeanstyle Christmas Markets. The main stage features musical performers, carolers, beer gardens and of course, Santa himself. Kids can check out the lifesized gingerbread house, carousel, Ferris wheel and Santa’s village. torontochristmasmarket.com

Dec. 31

Until March 2015

New Year’s Eve Bash

Ice Skating

NATHAN PHILLIPS SQUARE Come out on Dec. 31 and join residents and visitors alike for this free event at Nathan Phillips Square.

Skate on the famous ice rink to the sounds of a local DJ, enjoy live musical performances from top Toronto talent throughout the evening, and ring in the new year with a spectacular fireworks presentation at midnight. The event begins at 8 p.m. Visit online for updates. www1.toronto.ca

NATREL RINK, 235 QUEENS QUAY WEST Enjoy a fun, free skate at the city’s most scenic skating rink, tucked behind York Quay Centre and set against the Lake Ontario shoreline. Strap on your helmet and skates – and if you don’t have any, there are rentals on site. Hot food and drinks are available at the rink-side restaurant. Visit online for details and a skate schedule. harbourfrontcentre.com

UNTIL MARCH 2015

Ice Skating at Natrel Rink

112

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

DEC 6, 2014 - JAN 3, 2015 | NEW CONDO GUIDE 113

HOMEBUYERS’ HELP

Calculate your mortgage payments interest rate

amortization period

chart figure

mortgage amount ÷ 1,000

monthly payment

EXAMPLE: 5%

25 YEARS

5.82

125 (mortgage amount $125,000)

$

Follow these steps to see if you’ll qualify for a mortgage on your dream condo 01 Determine the 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).

114 NEW CONDO GUIDE | DEC 6, 2014 - JAN 3, 2015

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 DEC 6, 2014 - JAN 3, 2015 | NEW CONDO GUIDE 115

ONTARIO’S MOST-READ NEW HOMES GROUP WE ARE THE LARGEST MAGAZINE DISTRIBUTION SYSTEM IN ONTARIO. BP2014 NH&C Cover_Layout 1 2014-11-12 8:58 PM Page 1

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HOT MARKETS IN THE HAMILTON AREA

DEMOGRAPHICS DRIVING DEMAND FOR MIXED-USE

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HOMEBUYERS’ HELP

Compare mortgage rates for your best deal CHARTERED BANKS ATB Financial

Variable 2.7

Alterna Svgs/Alterna Bk

2.6

Bank of Montreal

3

Bank of Nova Scotia

2.6

6 Months

1 Year

2 years

3 years

4 years

5 years

2.99

3.04

3.24

4

2.94

2.89

6.30op

6.30op

6.50op 2.98

4

2.98

6.30op

6.30op 3.04

2.98

4

3.14

6.30op

6.30op

4.55

3.29

6.50op

Canadian Western Bank

4

3.14

6.45op

6.30op

3.04

3.44

4.39

6.45op

2.79

3.85

2.94

3.75

3.94 4.39

3.19 3.29 3.19 4.99

CFF Bank

3.69

3.75

2.59

3.79

3.04

CIBC

2.99

2.79

3.65

3.14

4.99

3

ICICI Bank Canada Manulife Bank

6.70op

3.05 2.7

4.45

6.35op 3.15

3.65

3.64

3.69

3.89

3

3.04

3.04

3.09

3.09

3.50op

National Bank

4.4

3.14

6.70op

6.70op

n/a

President’s Choice Financial Royal Bank

2.65 3

TD Canada Trust

6.30op

3

3.14

3.04

3.75

3.09

2.94

3.59

2.99

4.44

3.14

3.95

3.14

3.24

6.30op 3.09

3.04

3.44

3.14

6.30op

Tangerine

3.19

3

3.39

3.24

3.49

3.69

3.29 3.79

TRUST COMPANIES Community Trust

n/a

6.5

3.14

3.25

3.95

4.74

4.99

Concentra Financial

n/a

5

2.89

2.59

3.44

3.94

4.79

6.70op

6.30op

Effort Trust

4.45

3.45

6.30op

6.30op

Home Trust Company

2.5

3.95

2.89

2.89

2.79

2.94

2.95

Investors Group Trust

n/a

4.2

3.14

3.14

3.75

4.64

4.99

6.50op

6.30op

4.55

3.29

6.45op

6.50op

n/a

MTCC

2.6

3.6

2.79

3.7

3.44

4.6

3.94

4.95

3.19

OTHER FINANCIAL INSTITUTIONS Airline Financial C.U.

4

Comtech Credit Union

3.1

3.33

3.65

6.2

2.99

6.40op

6.30op

First National Fin. LP

3.95

2.6

6.34op

3.99

6.25op

FirstOntario C.U.

2.95

3.01

3.25

3.29

2.99

2.99

2.99

2.59

2.69

2.89

3.09

3.09

3.14

3.29

2.94

3.09

6.34op

IC Savings

2.99

2.79

2.99

3.14

3.29

London Life

4.2

3.14

3.14

3.75

4.64

4.99

6.50op

6.30op

n/a

Luminus Financial

2.6

2.95

2.75

3.45

2.95

3.15

6.30op

MCAP

2.5

3.6

3.95

4.35

4.84

5.14

Meridian Credit Union

2.75

3.09

2.65

3.65

3.29

3.19

4

Parama Credit Union

2.85

6.30op 2.85

3.05

3.15

3.25

3.00op

Steinbach Credit Union

2.65

2.5

2.8

2.9

2.95

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

DEC 6, 2014 - JAN 3, 2015 | NEW CONDO GUIDE 117

index of advertisers 45 Charles Ltd. - Chaz Yorkville Condos

Madison Homes - Zigg St.Clair West

75

Amexon Development Corporation - The Residence of 488 University Avenue 63

Malibu Investments Inc. - Smart House

61

Aragon Properties - Enigma on the Park

85

Menkes Developments Inc. - 365 Church

Insert

Aspen Ridge Homes - Studio on Richmond

19

Menkes Developments Inc. - 87 Peter

Insert

Menkes Developments Inc. - Dwell City Towns

Insert

Menkes Developments Inc. - Fabrik

Insert

5

Menkes Developments Inc. - Gibson Square

Insert

98

Menkes Developments Inc. - Harbour Plaza

Insert

Baywood Homes - TEN93 Queen West Bazis Inc. - E Condos Bazis Inc. - No1 Yorkville BILD - Promo

29

8 23

Camrost - Felcorp - Blue Diamond at Imperial Plaza

3

Menkes Developments Inc. - Pears on the Avenue

Insert

Camrost - Felcorp - Yorkville Plaza II

1

Menkes Developments Inc. - The Eglinton Yonge at Heart

Insert

Castle Group - Insignia Residences at Bayview Village Chinese Home & Condo Guide - Promo Concert Properties - The KIP District Concord Adex - Model Suite Of The Month Concord Adex - Omega on the park

89 104 77 119 38-39

Metropia - E Condos

23

Minto Communities Inc. - West Side

55

Minto Communities Inc. - Yorkville Park

17

Monarch Corporation - Garden Court

Insert

Monarch Corporation - Lago

Insert

Cresford Development Corp. - 1000 Bay

120

Monarch Corporation - Picasso on Richmond

Insert

Cresford Development Corp. - CASA 2

120

Monarch Corporation - Riva del Lago

Insert

Cresford Development Corp. - CASA III

IBC

Monarch Corporation - Waterscapes

Insert

Cresford Development Corp. - Merton Yonge Condominiums

120

New Home & Condo Guide - Promo

80 & 111

Cresford Development Corp. - VOX

120

Pemberton Group - Citylights on Broadway

9 8

Digital Device - Promo

62

Pemberton Group - TEN93 Queen West

Easton’s Group - King Blue Condominiums

69

Pinnacle International - The Pinnacle on Adelaide

83

Eden Shaw - Chaz Yorkville Condos

29

Plaza - Corporate

65

Empire Communities - Eau Du Soleil Waterfront Condominiums

6-7

Plaza Premium Lounge - Promo

60

Family of magazines - Promo

116

Queenscorp Residences - Watermark

91

Geranium Homes - Pace on Main

105

Rio Can - E Condos

23

Rockport Group - The Nest

73

Great Gulf - HOT

27

Great Gulf - Monde

26

Shen Yun - Promo

74

Great Gulf - One Bloor Residences

26

Sorbara Group - Beacon

53

Great Gulf - Pace

27

Streetcar Development - The Southwood

47

Great Gulf - X2

27

The Daniels Corporation - Daniels Erin Mills

15

Great Gulf - Yonge+Richmond

26

The Daniels Corporation - High Park Condominiums

Guizzetti Developments - Grand Palace

101

Lamb Development Corp. - The Harlowe

Insert

The Daniels Corporation - One Park Place South Tower

31

59

Tribute Communities - The College

45

Lanterra Developments - Riverhouse at the Old Mill

14

Tridel Corporation - Aquavista at Bayside Toronto

IFC

Lanterra Developments - Teahouse

11

Tridel Corporation - Islington Terrace

BC

Liberty Development Corp. - Centro Square Condos 2

36

Triumph Developments - Howard Park 2

57

Liberty Development Corp. - Legacy Park

37

Urban Capital - RC3

43

Liberty Development Corp. - Royal Gardens

35

Urban Capital - River City 2

67

Liberty Development Corp. - Terrace on Danforth

35

Urban Capital - Smart House

61

Liberty Development Corp. - World on Yonge

35

Urban Capital - The Ravine

Lifetime Developments - The Bond Condominiums

25

Vandyk Communities - The Craftsman

Luxury Living Magazine - Promo

46

Your First Home & Condo - Promo

118 new Condo Guide dec 6, 2014 - jan 3, 2015

40-41 107 44

Model Suite Compliments of Concord Adex

www.ConcordAdex.com

Premium integrated appliances, Carrara marble backsplashes, and quartz countertops are only some of the exceptional finishes featured in Opus at Concord Park Place.

DECEMBER2014 Concord Adex has been featured as “MODEL SUITE OF THE MONTH” as seen in the New Condo Guide model suite calendar

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.

BAY & BLOOR | UNDER CONSTRUCTION MOVE IN WINTER 2015 / SPRING 2016 SUITES FROM THE HIGH $300’S 416.485.3000 1THOUSANDBAY.COM

YORKVILLE | UNDER CONSTRUCTION PENTHOUSES COMING SOON MOVE IN WINTER 2015 / SPRING 2016 SUITES FROM THE LOW $300’S 416.486.CASA (2272) CASA2CONDOMINIUMS.COM

YONGE & WELLESLEY PENTHOUSES COMING SOON FURNISHED WITH DIESEL LIVING 416.485.3000 VOXCONDOMINIUMS.COM

YONGE & MERTON MOVE IN NOW SUITES FROM THE MID $400’S TOWNS FROM THE LOW $600’S PENTHOUSES FROM THE $800’S 416.484.1900 MYCCONDO.COM

ACTUAL MODEL SUITE PHOTOGRAPHY EVELYNE SUITE 493 SQ.FT.

NOW UNDER CONSTRUCTION

LUXURY PENTHOUSES COMING SOON Visit Yorkville’s most fashionable address and Hermès-furnished model suite today.

SUITES FROM THE HIGH $300’S CASACONDOMINIUM.COM 416.486.CASA (2272)

BLOOR ST. E.

YONGE ST.

BAY ST.

YONGE ST.

AVENUE RD.

BAY ST.

AVENUE RD.

BLOOR ST. E.

CONDOMINIUM GALLERY CONDOMINIUM GALLERY CHARLES ST. E.

CHARLES ST. E. GLOUCESTER ST. GLOUCESTER ST.

PARKING AT REAR 62 CHARLES ST. E N PARKINGAT ATREAR REAR PARKING

N

BROKERS PROTECTED. ILLUSTRATIONS ARE ARTIST’S CONCEPT. PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. E. & O.E.

DOCKING SOON

Introducing the next wave in waterfront living.

Redefining life on the water’s edge.

Following on the tremendous success of AQUALINA at Bayside, the second exciting wave in Toronto’s waterfront revolution is now on the horizon. Featuring a breathtaking waveform design unlike anything else in the city, AQUAVISTA has been ideally positioned to offer pristine water views, and is home to a collection of generously sized residences. NOW OPEN

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. December 2014.

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Presentation Centre 261 Queens Quay East Monday to Friday 11am – 7pm, Saturday, Sunday and Holidays 12 noon – 6pm 416.514.2710

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GRAND OPENING

PRICES

SUITES FROM THE MID $200,000’s* Steps to the Subway PRESENTATION CENTRE

2487 BLOOR STREET WEST TORONTO At South Kingsway CONTACT US

PHONE 416.645.8862 WEB TRIDEL.COM Islingtonterrace@tridel.com

Steps to Islington Subway Station.

Find your connection at Islington Terrace. Close to the subway and moments from the 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. December 2014.

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