gta new condo guide - aug 1, 2015
DESCRIPTION
A Yellow Pages NextHome PublicationTRANSCRIPT
7.25" x 10.5" OFC
COMING SOON
Welcome home to spacious condominium living.
PEM 26888 INDIGO Condo Guide Cover 15.indd 2 2015-07-16 3:40 PM
August 1 - 29, 2015 Volume 19 Issue 15
INSIDE THIS ISSUE
MORE FAMILIES CALLING CONDOS “HOME”
ESSENTIAL ADVICE FOR FIRST-TIME BUYERS
BUSTING 4 COMMON ORGANIZING MYTHS
[ 4-WEEK ISSUE ]
CG_Cvr_08-01-15.indd 1 7/27/15 1:39 PM
tridel.comEight dEcadEs of homE building. ovEr 80,000 homEs built. tridEl communitiEs arE built grEEn. built for lifE.®*Price and specifications are subject to change without notice. Illustrations are artist’s concept only. Building and view not to scale. Tridel Built for Life®, Tridel Built Green. Built for Life.® are registered trademarks of Tridel and used under license. ©Tridel 2015. All rights reserved. E.&O.E. August 2015.
Built to diSQover.grand oPEning noW on
SQ2 is the second stage in a grand production that’s revitalizing one of toronto’s
most iconic cultural landscapes. ideally located at Spadina and Queen, SQ2 is master
planned condominium living, reimagined. With spacious suites overlooking the
cityscape and new green spaces – discover a fresh take on life in the city.
Discover why Vogue selected Queen West as one of the 15 coolest neighbourhoods
in the world. Yes, the world. grand oPEning
Visit the Presentation Centre
519 Queen Street West
toronto, Ontario
416.661.1949
fold out ifc insidE ifcfoldTRI 27324 Condo Guide SQ2 (IFC & GF) + IT Grand Opening OBC July 15.indd 2-3 2015-07-23 4:44 PM
tridel.comEight dEcadEs of homE building. ovEr 80,000 homEs built. tridEl communitiEs arE built grEEn. built for lifE.®*Price and specifications are subject to change without notice. Illustrations are artist’s concept only. Building and view not to scale. Tridel Built for Life®, Tridel Built Green. Built for Life.® are registered trademarks of Tridel and used under license. ©Tridel 2015. All rights reserved. E.&O.E. August 2015.
Built to diSQover.grand oPEning noW on
SQ2 is the second stage in a grand production that’s revitalizing one of toronto’s
most iconic cultural landscapes. ideally located at Spadina and Queen, SQ2 is master
planned condominium living, reimagined. With spacious suites overlooking the
cityscape and new green spaces – discover a fresh take on life in the city.
Discover why Vogue selected Queen West as one of the 15 coolest neighbourhoods
in the world. Yes, the world. grand oPEning
Visit the Presentation Centre
519 Queen Street West
toronto, Ontario
416.661.1949
fold out ifc insidE ifcfoldTRI 27324 Condo Guide SQ2 (IFC & GF) + IT Grand Opening OBC July 15.indd 2-3 2015-07-23 4:44 PM
tridel.com
SQ2: A WORLD CLASS COMMUNITY
Stretching 5.6 kilometres, Queen West is a patchwork of urban pathways connecting neighbourhood folk and friends from abroad to a heaping platter of diversity, culture, colour and creativity.
LIVE EN ROUTE
When you need to get around or out-of-town, Queen West offers connection at all corners. From subway stops to the streetcar, travelling afar or a few blocks has never been so convenient.
WEST OF EXPECTATION
it’s along Queen Street West where the fashion-forward can fi nd a pair of vintage levis, the latest look in espadrille sandals and the perfect lamp for an offi ce den.
The Queen West Eff ect.From Vogue and The New York Times to the Lonely Planet, Queen West’s cool has offi cially become universal. #yass
6.875" x 10.5" ogfTRI 27324 Condo Guide SQ2 (IFC & GF) + IT Grand Opening OBC July 15.indd 1 2015-07-23 4:44 PM
Visit our sales centres today
visit camrost-felcorp.comAll prices and specifi cations are subject to change without notice. See sales representatives for more details. E. & O.E. Brokers Protected.
CAMROST-FELCORP TAKES LUXURY LIVING TO NEW HEIGHTS AT 4 PREMIUM RESIDENCES
2 NEWDESIGNER MODEL SUITES
YORKVILLE & AVENUE RD.
Elegant living at Yorkville & Avenue Rd.A soaring statement of luxury and
modern sophistication, just moments to everything that Yorkville has to offer,
from the mid $300’s 416-966-3003 yorkvilleplaza.com
NEWSALES CENTRE
CUMBERLAND & AVENUE RD.
Yorkville living at its fi nestAn iconic glass and granite tower
located in the heart of Yorkville, steps to designer shopping, dining and culture,
from the mid $300’s 416-966-3003 cumberlandtower.com
NEWSALES CENTRE
ST. CLAIR & AVENUE RD.
Brilliant living at Avenue & St. ClairSteeped in heritage, an address of
rare distinction in prestigious Deer Park, close to diverse urban amenities,
from the $300’s416-925-2501 bluediamondcondos.ca
4 NEWDESIGNER MODEL SUITES
YONGE & ST. CLAIR
Iconic living at Yonge & St. ClairA historic limestone landmark in
a coveted Forest Hill location with exquisite interiors and breathtaking views,
from the mid $400’s647-346-3799 imperialplazatoronto.ca
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2 NEW CONDO GUIDE AUGUST 1 - 29, 2015 AUGUST 1 - 29, 2015 NEW CONDO GUIDE 3
SUSAN LEGGEEditor-in-chief
Follow me on Twitter atTwitter.com/SusanLegge
Like us on FacebookSearch: Condo Guide
LYDIA MCNUTTEditor
Follow me on Twitter atTwitter.com/LydiasTweets
EDITORS’ NOTE
GET IT IN WRITINGBuying a brand-new condo o� ers an opportunity to get the home you really want. It can be a dream come true and an investment for the future, but don’t forget, it’s also a legal transaction. The term “get it in writing” has never been more important, since it outlines everything your new home will have in it, on it and around it.
Otherwise known as the Agreement of Purchase and Sale, the contract spells out the terms between you and your developer and/or builder. Without it, if there is a misunderstanding or disagreement, it’s impossible to prove what was originally promised.
Since buying a new condo is much more complicated than a resale transaction where the property likely already exists, there is no set Agreement of Purchase and Sale or standard contract. In some provinces, builders may have standard contracts prepared by the local home builders’ association or their new-home warranty program. Builders often prepare their own agreements, so these can vary from one company to another and from province to province.
Before you sign a contract, review it carefully with the builder representative, and ask questions to make sure you fully understand what’s in it. Your next step is to then take it to a real estate lawyer and have it reviewed. Once it is signed, it becomes a legal document, so seeking the services of an experienced lawyer is an important step toward ensuring that your dream home becomes a reality.
WHY IT MAY NOT PAYTO PUT OFF YOUR PURCHASEReal estate prices in the GTA have been on a steady incline and those homebuyers who were waiting for a break have been priced out of the market, with the average detached home in Toronto now exceeding $1.05 million as per the Toronto Real Estate Board’s June fi gures. Add to this an anticipated interest rate hike in mid-2016, according to RBC’s latest Housing Trends and A� ordability Report, and you can see how time is money.
There’s an explanation behind this insatiable demand for housing. The GTA is consistently internationally recognized as one of the best places to live, work and play. As more people fl ock to the area, it’s expected that home sales will continue to outpace listings, and prices across the GTA will keep climbing.
Those who purchased their home 10 years ago are seeing great returns. On the other hand, many fi rst-time homebuyers are feeling fi nancial frustration. But there are still ways to get in on this historically lucrative real estate action.
Condos and townhomes provide a great alternative to the high prices of single-detached houses, and their locations close to amenities and transit hubs are hard to beat. On the other hand, going a bit outside of the city core can give you the space you want at prices you can a� ord.
If history teaches us anything, it’s that housing costs will continue to rise in the foreseeable future. If you’ve been among those putting o� your home purchase, what are you waiting for? By sitting on the fence, you could end up on the wrong side of it.
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3 VISIONARY LANTERRA CONDOMINIUMS, 1 VIBRANT DOWNTOWN DESTINATION.
Exclusive Listing Broker Milborne Real Estate Inc. Brokers Protected. Marketing Management by Anne Lambrou Living Visions Inc. Prices and specifi cations subject to change without notice. Illustrations are artist’s concept. E.&O.E.
lanterradevelopments.com | 416.861.1111
Great neighbourhoods start with a bold vision and the right mix of residential, commercial and lifestyle amenities connected by transit and energized by culture. Like the new Lanterra Neighbourhood that’s redefi ning the Bay/Wellesley/Yonge district into a vibrant new downtown destination. 3 outstanding Lanterra condominiums at the centre of a new revival and new energy.
Hours: Mon-Thurs 12-6pm, Sat & Sun 12-5pm, Fri Closed
WELLESLEY ST.
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925 Bay Street
Visit our new Lanterra Condo Gallery at 925 Bay St.
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LEGALLY SPEAKING Jayson SchwarzJayson 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 [email protected].
BILD REPORT Bryan TuckeyBryan 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).
DESIGNER ADVICE Yanic SimardYanic 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
CONDO PRO Barbara LawlorBarbara Lawlor is president and CEO of Baker Real Estate Inc., and an in-demand columnist and speaker. A member of the Baker team since 1993, Barbara oversees the marketing and sale of condo developments in the GTA and overseas.
PRESIDENT, YELLOW PAGES NEXTHOME Jacqueline HillEDITOR-IN-CHIEF / DIRECTOR OF CONTENT
Susan LeggeDIRECTOR OF SALES
Moe LalaniASSOCIATE PUBLISHER SWO NEW HOMES
Susan Maxwell ART DIRECTOR
Daiana GarayEDITOR
Lydia McNuttCONTRIBUTING EDITORS Wayne Karl Elisa Krovblit Sara Duck (on leave)DESIGN EDITOR
Yanic Simard
SENIOR SALES MANAGER
Conni RobinsonSENIOR ACCOUNT EXECUTIVES
Dionne Fraser [email protected] Nina Downs [email protected]
SALES & MARKETING CO-ORDINATOR
Terry BassettADMINISTRATIVE ASSISTANT
Antoinette Jackson
NATIONAL CIRCULATION MANAGER
John Jenkins
PRODUCTION MANAGER
Bala GnanapandithanPRODUCTION CO-ORDINATOR
Sandra Hanak-VujnovicGRAPHIC DESIGNERS
Viosa Barileva, Miguel Cea, Hannah Yarkony Sandra Hanak-Vujnovic, Mike Terentiev #500-401 The West Mall Etobicoke, ON M9C 5J5 T 416.626.4200 F 416.784.5867 ypnexthome.ca ADVERTISING Call 416.626.4200 for advertising rates and information. CIRCULATION Free distribution in select high-traffic street boxes, stores, banks, financial institutions and select condominium sales offices. COPYRIGHT 2015 All rights reserved by Yellow Pages Homes Limited. Reproduction in any form is prohibited. Contents of this publication are covered by copyright and offenders will be prosecuted under the law. TERMS Advertisers, editorial content and New Condo Guide are not responsible for typographical errors, mistakes or misprints. All prices are correct as of press time and are subject to change without notice. E. & O. E. EDITORIAL Submissions from interested parties will be considered. Email to [email protected]. The views and data expressed by columnists do not necessarily represent those of the publication.
Please recycle this magazine! Yellow Pages NextHome participates in the Partners in Growth Reforestation Program through St. Joseph Communications. To date, Partners in Growth has planted over 2.5 million trees in parks, recreation and conservation areas, and other public spaces across Canada. Established in 1990, this program was started with Scouts Canada to help replenish the environment.
INVESTOR ADVICE Andrew la FleurAndrew 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 [email protected]
STAT CHAT Ben MyersBen Myers is senior vice-president of Market Research and Analytics at Fortress Real Developments. Follow his blog posts and commentary on the Canadian housing market at fortressrealdevelopments.com/news or follow him on twitter at @BenMyers29
CONTRIBUTORS NEW CONDO GUIDE
CONDO SENSE Kara KuryllowiczKara Kuryllowicz is a Toronto-based freelance business writer with a long-term interest in real estate, as both a homeowner and a landlord with investment properties. She loves living in Toronto’s Riverdale area as well as on an island in Pointe au Baril.
NEIGHBOURHOOD PROFILE Sonia BellSonia Bell works with Yellow Pages NextHome to get the inside scoop on what’s trending in real estate, renovation and décor. She has her Masters in Communications, specializing in media, and loves writing about all things real estate.
MORTGAGE ADVICE Alyssa RichardAlyssa Richard is the founder and CEO of ratehub.ca, a mortgage rate comparison site that aims to empower Canadians to make smart financial decisions.
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AUGUST 1 - 29, 2015 NEW CONDO GUIDE 5
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For over 20 years, Empire Communities has been at the forefront of creating
award-winning urban condominiums in prime GTA locations. With iconic
architecture, elegant interiors and vibrant amenities, an Empire condominium
offers an extraordinary fusion of luxury and style.
Prices, sizes and specifications are subject to change without notice. Please see sales representative for full details. Rendering is artist’s concept. Exclusive listing brokerage TFN Realty Inc. Brokers Protected. E.&O.E.
Live more at empirecommunities.com
A condominium that lets you indulge all your senses. Magnificent suites
with panoramic views and luxurious amenities designed to let you live
life to the fullest. Luxury Condos from $229,990.
PRESENTATION GALLERY OAKVILLE KERR ST. & SHEPHERD RD. 905 845 7246 EMPIRESENSES.COM
Own a piece of Toronto’s Waterfront with breathtaking, water-facing
vistas and unrivaled resort inspired amenities. Luxury waterfront living
from the mid $300’s.
PRESENTATION GALLERY TORONTO 2183 LAKE SHORE BLVD. WEST 416 503 3328 EAUDUSOLEILCONDOS.COM
URBAN LUXURY REIMAGINED
6 NEW CONDO GUIDE AUGUST 1 - 29, 2015
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For over 20 years, Empire Communities has been at the forefront of creating
award-winning urban condominiums in prime GTA locations. With iconic
architecture, elegant interiors and vibrant amenities, an Empire condominium
offers an extraordinary fusion of luxury and style.
Prices, sizes and specifications are subject to change without notice. Please see sales representative for full details. Rendering is artist’s concept. Exclusive listing brokerage TFN Realty Inc. Brokers Protected. E.&O.E.
Live more at empirecommunities.com
A condominium that lets you indulge all your senses. Magnificent suites
with panoramic views and luxurious amenities designed to let you live
life to the fullest. Luxury Condos from $229,990.
PRESENTATION GALLERY OAKVILLE KERR ST. & SHEPHERD RD. 905 845 7246 EMPIRESENSES.COM
Own a piece of Toronto’s Waterfront with breathtaking, water-facing
vistas and unrivaled resort inspired amenities. Luxury waterfront living
from the mid $300’s.
PRESENTATION GALLERY TORONTO 2183 LAKE SHORE BLVD. WEST 416 503 3328 EAUDUSOLEILCONDOS.COM
URBAN LUXURY REIMAGINED
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LIFE ON THE GO IN MAPLELive close to the greatest attractions in and around the Village of Maple.
FUTURE MACKENZIE HEALTH HOSPITAL
VAUGHAN MILLS MALL
CANADA’S WONDERLAND
FUTURE VAUGHAN CIVIC CENTRE PUBLICRESOURCE LIBRARY
FUTURE VAUGHAN
FUTURE MACKENZIE
10 mins
CANADA’S
14 mins
VAUGHAN
15 mins
EAGLES NEST GOLF CLUB
EAGLES NEST
2 mins
3 mins
LA FITNESS
PARKS
HIGHWAY 400400
HIGHWAY
10 mins
LA FITNESS
PARKS
8 mins
5 mins
Welcome home to spacious condominium living.
If home’s the destination then INDIGO is your ticket to an enriched lifestyle and convenient amenities nearby. Live steps from the Maple GO Station, connecting you to downtown and across the GTA, and seconds from the Eagles Nest Golf Club. Everything is at your doorstep at INDIGO.
Register at pembertongroup.com I [email protected] I 905.326.4100
COMING SOONLIFE ON THE GO COMING SOON
34 MINUTES to Union Station
32 MINUTES to Maple Station
MINUTESto Union Station
34 MINUTESto Union Station
UNION
MAPLE
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10 NEW CONDO GUIDE AUGUST 1 - 29, 2015 AUGUST 1 - 29, 2015 NEW CONDO GUIDE 11
AUGUST 1 – 29, 2015 VOLUME 19 ISSUE 15
2 Editor’s Note
4 Contributors
12 BILD ReportCommunities benefi t fromPan Am Gamesby Bryan Tuckey
14 In The NewsMore than $60,000 raisedby BILD members forHabitat for Humanity GTA
16 Home Sweet HomeBuyers warring to get into the GTA’s hot housing marketby Lydia McNutt
22 Legally SpeakingTitle insurance: what it is,and why you need itby Jayson Schwarz
24 In The NewsGreat Gulf unveils “Heaven and Earth” by Canadian artist David James at Hot Condos
28 Sweetest SuitesSky-high model suite opens at Chaz.Yorkville
32 Investor AdviceFour upcoming condo investment gold minesby Andrew la Fleur
34 Condo ProA fi rst-time buyer’s paradiseby Barbara Lawlor
38 In The NewsLow interest rates aff ectingsales, says CREAby Olivia Bowden
42 Stat ChatWhy is smart money gettinginto apartment ownership?by Ben Myers
46 In The NewsCondo rental demand hits new high in the GTAby Lydia McNutt
20
COLUMNS / NEWS / FEATURES
Pemberton Group Enviable lifestyles from a builder you trust
COVER STORY
CONTENTS
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48 Q&A The King of King West moves in to Yonge & Eg by Lydia McNutt
50 Mortgage Advice What will the Bank of Canada’s interest rate cut mean for the economy, housing and you? by Alyssa Richard
54 In The News Pemberton Group celebrates ground-breaking at Downtown Erin Mills
64 In The News Ontario rules top 10 Canadian cities for investing by Wayne Karl
68 Money Matters Owning versus renting by Gail Vaz-Oxlade
70 Condo Sense Condo living – family style! by Kara Kuryllowicz
76 Neighbourhood Profile Walking Willowdale by Sonia Bell
78 Finances Two-thirds of Canadians fear an interest rate hike
82 Designer Advice Moving in together – in style! by Yanic Simard
88 Condo Watch 416 Previews, new releases and grand openings in the 416
94 In The News East United responds to demand for smaller units in the east end
96 In The News Spice up your life with Spice living
104 Condo Watch 905 Previews, new releases and grand openings in the 905
113 Condo Buyers’ Resource Section
118 Advertiser Index
CONDO PROFILESCONTENTS
LIFETIME DEVELOPMENTS The Bond Lifetime Developments captures Toronto’s Entertainment District
40
THE DANIELS CORPORATION Daniels Waterfront – City of the Arts Lighthouse Tower arriving this fall
44
MADISON HOMES Briar Hill City Towns Urban living at Briar Hill City Towns
62
CONCERT PROPERTIES The Kip District Get a head start on home ownership with the Kip District’s summer promotion
66
CASTLE GROUP DEVELOPMENTS Vida Condos Stunning Vida Condos bring exclusive living to Bayview Village
90
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10 NEW CONDO GUIDE AUGUST 1 - 29, 2015 AUGUST 1 - 29, 2015 NEW CONDO GUIDE 11
AUGUST 1 – 29, 2015 VOLUME 19 ISSUE 15
2 Editor’s Note
4 Contributors
12 BILD ReportCommunities benefi t fromPan Am Gamesby Bryan Tuckey
14 In The NewsMore than $60,000 raisedby BILD members forHabitat for Humanity GTA
16 Home Sweet HomeBuyers warring to get into the GTA’s hot housing marketby Lydia McNutt
22 Legally SpeakingTitle insurance: what it is,and why you need itby Jayson Schwarz
24 In The NewsGreat Gulf unveils “Heaven and Earth” by Canadian artist David James at Hot Condos
28 Sweetest SuitesSky-high model suite opens at Chaz.Yorkville
32 Investor AdviceFour upcoming condo investment gold minesby Andrew la Fleur
34 Condo ProA fi rst-time buyer’s paradiseby Barbara Lawlor
38 In The NewsLow interest rates aff ectingsales, says CREAby Olivia Bowden
42 Stat ChatWhy is smart money gettinginto apartment ownership?by Ben Myers
46 In The NewsCondo rental demand hits new high in the GTAby Lydia McNutt
20
COLUMNS / NEWS / FEATURES
Pemberton Group Enviable lifestyles from a builder you trust
COVER STORY
CONTENTS
010-011 CG GTA TOC_ISS 15_L.indd 12 7/28/15 3:28 PM
48 Q&A The King of King West moves in to Yonge & Eg by Lydia McNutt
50 Mortgage Advice What will the Bank of Canada’s interest rate cut mean for the economy, housing and you? by Alyssa Richard
54 In The News Pemberton Group celebrates ground-breaking at Downtown Erin Mills
64 In The News Ontario rules top 10 Canadian cities for investing by Wayne Karl
68 Money Matters Owning versus renting by Gail Vaz-Oxlade
70 Condo Sense Condo living – family style! by Kara Kuryllowicz
76 Neighbourhood Profile Walking Willowdale by Sonia Bell
78 Finances Two-thirds of Canadians fear an interest rate hike
82 Designer Advice Moving in together – in style! by Yanic Simard
88 Condo Watch 416 Previews, new releases and grand openings in the 416
94 In The News East United responds to demand for smaller units in the east end
96 In The News Spice up your life with Spice living
104 Condo Watch 905 Previews, new releases and grand openings in the 905
113 Condo Buyers’ Resource Section
118 Advertiser Index
CONDO PROFILESCONTENTS
LIFETIME DEVELOPMENTS The Bond Lifetime Developments captures Toronto’s Entertainment District
40
THE DANIELS CORPORATION Daniels Waterfront – City of the Arts Lighthouse Tower arriving this fall
44
MADISON HOMES Briar Hill City Towns Urban living at Briar Hill City Towns
62
CONCERT PROPERTIES The Kip District Get a head start on home ownership with the Kip District’s summer promotion
66
CASTLE GROUP DEVELOPMENTS Vida Condos Stunning Vida Condos bring exclusive living to Bayview Village
90
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12 NEW CONDO GUIDE AUGUST 1 - 29, 2015 AUGUST 1 - 29, 2015 NEW CONDO GUIDE 13
By Bryan Tuckey
BILD REPORT
Bryan Tuckey is president and CEO of the Building Industry
and Land Development Association and a land-use planner who has worked for
municipal, regional and provincial governments. Follow
him on Twitter @bildgta, facebook.com/bildgta and
bildblogs.ca
Communities benefit from Pan Am Games
The Pan American Games have come to a close, and the Parapan Am Games follow this month. Long after the athletic records have been broken and the medals won, the sports venues will live on as legacy
facilities to be enjoyed by local residents. Take the velodrome in Milton, for example, completed earlier this year. The
site for cycling events during the Games, the Mattamy National Cycling Centre is one of just two internationally sanctioned velodromes in Canada. After the Games, it will be used as a training facility for cyclists, as well as a recreational facility for the community.
A considerable portion of funding for the $56-million velodrome came from development charges, which were paid by new-home buyers in the Town of Milton as part of the price of their new homes. In addition, BILD member Mattamy Homes provided $2 million in a naming rights sponsorship, while the company founder and avid cyclist Peter Gilgan donated $7 million to the project through his foundation.
One of the most important sites during the Games is the Athletes’ Village, which will be a home away from home for 10,000 athletes, coaches and officials. Located near the waterfront, in the evolving east side of downtown Toronto, it features numerous buildings and amenities. During the Games, it will be a complete community for athletes to live, train and have fun when not competing.
After the Games, the Village will be part of the Canary District – a complete community where people will live, work, shop and play.
Developed by BILD member Dundee Kilmer, the Canary District was awarded our Places to Grow Highrise Community of the Year accolade last year – part of BILD’s annual industry awards program recognizing community developments that best exemplify the Province’s smart growth policy objectives.
In addition to serving as the Athletes’ Village during the Games, the Canary District development is transforming a brownfield site into a highly walkable, sustainable, well-designed community that will feature a range of housing and services for people at all stages of life and income levels.
Most of the buildings used to house athletes during the Games were designed and built as the first phase of the Canary District. They will be complemented by a second phase of condominium residences in the near future.
The residential component of the development features a mix of smaller, more efficient condominium suites to preserve density. The suites are configured around courtyards, which results in shallower, wider homes to maximize residents’ access to daylight, fresh air, views and the outdoors.
During the Games, the village features special dining facilities to feed hungry athletes. Post Games, the Canary District community will feature lively street-level retail and dining options for everyone to enjoy.
The Places to Grow Community of the Year is just one of many awards our association presents to recognize excellence in design, construction, sustainability and marketing. Check out this year’s winners by visiting bildawards.com
After the Games, the Village will be part of the Canary District – a complete community where people will live, work, shop and play
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1, 2 & 3 Bedroom Condominiums from the mid $200s
THERAVINE.CA
4 1 6 . 8 5 0 . 2 4 8 9
Presentation Centre 1213 York Mills Road
Mon-Thurs: 12 to 7pm. Fri: By Appt. Sat & Sun: 12 to 6pm
*See sales representative for full details. Prices and specifications are subject to change without notice. Renderings are artist concept. E.&O.E. 2015
YORK MILLSPRESENTATION CENTRE
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Welcome to York Mills living in an all-inclusive master–planned community. The Ravine offers everything you’re looking for in a modern condominium. With our affordable “easy to own” H.O.T. Program home ownership is within reach.
View our model suite and take advantage of this limited time home buying opportunity.
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IN THE NEWS
More than $60,000 raised by BILD members for
Habitat for Humanity GTA
Members of the Building Industry and Land Development Association (BILD) raised more than $60,000 for its community partner, Habitat for Humanity GTA, through three major events in just one week.
Habitat Week included BILD’s annual Race for Humanity, Charity BBQ and Stephen’s Ride for Humanity. All three took place between July 8-13, and members came out in droves to support the cause.
“We are proud of our community partnership with Habitat for Humanity GTA and since 2003, BILD members have raised more than $825,000 for Habitat and have helped 12 partner families realize their dream of home ownership,” says BILD president and CEO Bryan Tuckey. “BILD members work hard every day to build complete communities across the GTA, and this is another way we can work together, with our Habitat partners, to make sure that anyone who wants to own a home, can do so.”
During the sixth annual Race for Humanity, 23 teams competed in the scavenger-hunt fundraiser through the streets of Toronto. Teams had to channel their inner-architect to build a structure taller than the shortest team member, score high at balloon archery, and win a sumo wrestling match held in a public park. The event, presented by the Toronto Star and In2ition Realty, has been recognized with numerous international awards since its inception.
The Race finish line was at BILD headquarters, where the 23rd annual BILD barbecue was being hosted. More than 500 builders, developers, renovators and service professionals attended the fundraising event on BILD’s front lawn and helped to raise money by participating in the silent auction and balloon burst contest. New this year was a dunk tank, sponsored by YP NextHome, and BILD’s volunteer senior executives and members helped to raise another $540 for Habitat.
Finally, members gathered at Bowmanville’s Canadian Tire Motorsport
Park in for the fifth annual Stephen’s Ride for Humanity. The four-kilometre outdoor racing track was ideal for cycling enthusiasts who participated in an open ride, followed by a team relay. Team registrations and sponsors were the key to raising funds for Habitat during this event.
“BILD’s Habitat Week is a true testament of their dedication and ongoing commitment to Habitat GTA’s mission of providing affordable home ownership to families living in need across the GTA. Our 12-year partnership has created a profound impact and we congratulate all BILD members on the active support this week and each year,” says Ene Underwood, CEO, Habitat for Humanity GTA.
BILD thanks Humanitarian Champions Bell and Caesarstone, event sponsors, auction donors, volunteers and guests for their support. Member-driven volunteer committees plan and organize these successful events every year.
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danielshighpark.com
*The 5% deposit program, parking and locker combination, as well as cash incentives ($20,000 cash back on studio and one bedroom suites, $25,000 on one bedroom + den or larger suites) are available on selected suites for a limited time only. Other conditions may apply. See Sales Representative for full details. Exclusive Listing: City Life Realty Ltd. Brokerage. Brokers Protected. Prices and specifications are subject to change without notice. Illustrations are artist’s concepts. E. & O.E.
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Overlooking Toronto’s largest urban park, nestled on the edge of the trendy Bloor West Village, and up the street from two TTC stations, we think you’ll find HighPark Condominiums’ smorgasbord of conveniences truly sweet! And, for a limited time only, we’re offering some pretty “suite” deals on selected suites…up to $25,000 cash back, 5% down, and a parking and locker combination for only $9,800!
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June was another record-breaking month for Toronto’s housing market, according to recent sales fi gures from the Toronto Real Estate Board (TREB), a� rming
what we already know – Toronto is hot, and it’s become a battle to get in. In fact, it’s a downright war.
Bidding wars have become commonplace in our hot housing market, and it’s easy to see why.
Toronto regularly tops international charts for livability (named “most livable” by The Economist), our humming economy (with gains forecast for the coming quarters, according to The Conference Board of Canada’s Provincial Outlook: Spring 2015), and for investment opportunities (CMHC’s top 10 list of Canadian cities for investment was dominated by Ontario, with Toronto showing a 1.8-per-cent rental increase year-over-year). Add to this today’s ultra-low mortgage interest rates, and it’s clear why Toronto real estate is such a hot commodity.
Indeed, TREB recorded 11,992 sales in June – up 18.4 per cent over June 2014. The average price of a single-detached home in the 416 is also up, now at $1,051,912
– a 14.2-per-cent increase from a year ago. Meanwhile, condos in the 416 were up seven per cent to $418,599.
But the rapid price growth isn’t limited to the 416, with the 905 seeing increases across all housing types. Detached homes rose 15 per cent year-over-year to an average of $738,016, while condos here saw a 4.6-per-cent hike, to $324,388.
If you’re already a homeowner in Toronto or surrounding areas, you might consider yourself lucky. Logically, we know the real estate market was upswings and downturns. But if history teaches us anything, the steady price growth over the years hints at a golden nest egg. Ask your parents how much they paid for their home 30 years ago. Chances are, you’ll be pleasantly surprised at the increase in value.
If you’re thinking about buying a home in the GTA, and you can a� ord to do so, you’d be wise to jump into the market – while you still can.
By Lydia McNutt
Buyers warring to get into GTA’s hot housing market
HOME SWEET HOME
Lydia McNutt is an award-winning writer and editor of New Condo
Guide. Lydia’s love of architecture, interior design and the written
word have landed her happily at home at Yellow Pages NextHome,
where real estate rules. Email [email protected],
and follow her on Twitter @LydiasTweets
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*Limited time offer, some conditions apply. Please ask a sales representative for details. Prices, specifications and promotions are subject to change without notice. Rendering is artists concept and image is for mood and impression only. E.&O.E. August 2015.
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For decades, Pemberton Group has built superb communities in many of the Greater Toronto Area’s most desirable neighbourhoods. Explore the
company’s fine communities at PembertonGroup.com. You can also follow Pemberton on Facebook, Twitter and Instagram.
Construction is starting soon at Ten93 Queen West, situated on Queen Street West at Dovercourt Road. Vogue magazine rated this neighbourhood the second hippest district in the world! The area is defined by cutting-edge dining, theatre, music and nightlife, fashion boutiques and art galleries. Amenities include a stylish party room with catering kitchen, fitness room, and landscaped terrace garden with barbecues. The striking nine-storey building offers a wide selection of suite styles priced from the $280’s. Act now to take advantage of pre-construction prices. 416.546.6355
The first building is under construction at master-planned Downtown Erin Mills in Mississauga, steps from Erin Mills Town Centre. Now is your last chance at pre-construction pricing. You may still 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 begin from the low $300’s. 905.603.6300. Move in this year at SkyCity Condominiums in the commuter-friendly
Richmond Hill City Centre. Choose SkyCity2 and live an amenity-rich Sky Life close to York Region Transit, GO train and GO bus service. Residents can walk to shopping, dining and entertainment venues, and the area has many parks, cultural and recreational facilities. A bold new vision for living awaits you priced from the low $300’s! 905.709.5700
Buy with just five per cent down and move in now at Vivid Condominiums, located close to the Islington subway and Kipling GO stations, in Etobicoke. Great for first-time buyers, luxury one-bedroom-plus-den suites are priced from the mid-$300’s including current 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 under construction along Bay Street, steps from Yorkville. Townhomes range from 2,628 to 3,288 sq. ft., priced from $2.2 million. Tour the two-time award-winning designer model home by appointment. 416.546.6605.
Coming soonRegister now for Indigo, Pemberton’s newest master-planned condominium community coming to Maple, and watch for Downtown Erin Mills 2 coming this fall.
Live the amenity rich Sky Life at SkyCity2 in Richmond Hill
020-021 CVR Pemberton-Multi site_L.indd 47 7/28/15 10:21 AM
COVER STORY
Enviable lifestyles from Pemberton Group
A BUILDER YOU TRUST
PEMBERTON GROUP’S DIVERSE condominium communities have several things in common. Each delivers top-quality materials and craftsmanship, a wealth of recreational amenities, superb customer service and lasting value. Pemberton’s slogan, “It’s all about you,” embodies the company’s commitment to a customer-first
approach. Suite owners enjoy an enviable lifestyle, plus the peace-of-mind that comes with a well-trusted builder. Discover an unprecedented selection of condominiums by Pemberton, in sought-after neighbourhoods across the Greater Toronto Area.
Midtown Toronto holds a bright future for you at CityLights on Broadway, where registration for the South Tower is now available. Located in the vibrant Yonge-Eglinton neighbourhood, this shining new community offers some of the area’s best value. Every necessity imaginable lies within easy walking distance. The Broadway Club at CityLights comprises 28,000 sq. ft. of superb indoor and outdoor leisure and entertainment amenities. 416.546.6605
CityLights on Broadway South Tower offers some of the best value at Yonge and Eglinton
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20 NEW CONDO GUIDE AUGUST 1 - 29, 2015 AUGUST 1 - 29, 2015 NEW CONDO GUIDE 21
For decades, Pemberton Group has built superb communities in many of the Greater Toronto Area’s most desirable neighbourhoods. Explore the
company’s fine communities at PembertonGroup.com. You can also follow Pemberton on Facebook, Twitter and Instagram.
Construction is starting soon at Ten93 Queen West, situated on Queen Street West at Dovercourt Road. Vogue magazine rated this neighbourhood the second hippest district in the world! The area is defined by cutting-edge dining, theatre, music and nightlife, fashion boutiques and art galleries. Amenities include a stylish party room with catering kitchen, fitness room, and landscaped terrace garden with barbecues. The striking nine-storey building offers a wide selection of suite styles priced from the $280’s. Act now to take advantage of pre-construction prices. 416.546.6355
The first building is under construction at master-planned Downtown Erin Mills in Mississauga, steps from Erin Mills Town Centre. Now is your last chance at pre-construction pricing. You may still 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 begin from the low $300’s. 905.603.6300. Move in this year at SkyCity Condominiums in the commuter-friendly
Richmond Hill City Centre. Choose SkyCity2 and live an amenity-rich Sky Life close to York Region Transit, GO train and GO bus service. Residents can walk to shopping, dining and entertainment venues, and the area has many parks, cultural and recreational facilities. A bold new vision for living awaits you priced from the low $300’s! 905.709.5700
Buy with just five per cent down and move in now at Vivid Condominiums, located close to the Islington subway and Kipling GO stations, in Etobicoke. Great for first-time buyers, luxury one-bedroom-plus-den suites are priced from the mid-$300’s including current 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 under construction along Bay Street, steps from Yorkville. Townhomes range from 2,628 to 3,288 sq. ft., priced from $2.2 million. Tour the two-time award-winning designer model home by appointment. 416.546.6605.
Coming soonRegister now for Indigo, Pemberton’s newest master-planned condominium community coming to Maple, and watch for Downtown Erin Mills 2 coming this fall.
Live the amenity rich Sky Life at SkyCity2 in Richmond Hill
020-021 CVR Pemberton-Multi site_L.indd 47 7/28/15 10:21 AM
COVER STORY
Enviable lifestyles from Pemberton Group
A BUILDER YOU TRUST
PEMBERTON GROUP’S DIVERSE condominium communities have several things in common. Each delivers top-quality materials and craftsmanship, a wealth of recreational amenities, superb customer service and lasting value. Pemberton’s slogan, “It’s all about you,” embodies the company’s commitment to a customer-first
approach. Suite owners enjoy an enviable lifestyle, plus the peace-of-mind that comes with a well-trusted builder. Discover an unprecedented selection of condominiums by Pemberton, in sought-after neighbourhoods across the Greater Toronto Area.
Midtown Toronto holds a bright future for you at CityLights on Broadway, where registration for the South Tower is now available. Located in the vibrant Yonge-Eglinton neighbourhood, this shining new community offers some of the area’s best value. Every necessity imaginable lies within easy walking distance. The Broadway Club at CityLights comprises 28,000 sq. ft. of superb indoor and outdoor leisure and entertainment amenities. 416.546.6605
CityLights on Broadway South Tower offers some of the best value at Yonge and Eglinton
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22 NEW CONDO GUIDE AUGUST 1 - 29, 2015 AUGUST 1 - 29, 2015 NEW CONDO GUIDE 23
By Jayson Schwarz
LEGALLY SPEAKING
Jayson Schwarz LL.M. is a Toronto real estate lawyer and
partner in the law firm Schwarz Law LLP. Visit schwarzlaw.ca or email [email protected]
and give us your questions, concerns, critiques
and quandaries.
Title insurance: What it is, and why you need it
Title insurance provides comprehensive insurance coverage for title-related risks associated with home buying, like zoning issues, claims of mental incapacity,
lack of up-to-date survey, and the legal services provided by your lawyer like title certification. It insures against defects in title, which may occur from conflicting ownership claims, liens, undischarged mortgages and consents. It will cover compliance and access issues like work orders, permit violations, fences, boundaries, tenancies and rights of way. It is in force so long as the purchaser or his heirs own the property, and will outlive the lawyers’ certification, whose insurance stops if they die or cease practicing law.
So what happens when there’s a problem with the purchase? The insurer will pay out in accordance with the policy or, if possible, repair the defect. Title insurance protects from vendors that won’t re-adjust or misrepresent things like real estate taxes paid, and again, remains in effect as long as you own the property. In addition, lawyers’ insurance is time-of-incident related, which in plain English means if your lawyer dies, retires or stops practice and you subsequently make a claim, you’re not covered.
We have all read and heard about mortgage and title fraud, where unscrupulous people put fake mortgages on properties or sell houses they do not own. Title insurance indemnifies you against these occurrences.
Another benefit of title insurance is it saves you money. Disbursements – money paid to third parties for items like building compliance letters, subdivision compliance letters and deed registration – are lower. We estimate $200 to $300 on a deal after the cost of the policy.
Almost all of Ontario is now on an electronic registry system. Title insurance has become the norm and many of the transactions are done by computer communications. Make sure the lawyer you select has taken title insurance courses, is familiar with Terranet, and can properly advise you. The Law Society passed a rule that every lawyer on a residential real estate deal must advise the client of title insurance, the different companies offering it, and how it works.
Every lawyer has an obligation to make you aware of your title insurance options, so you can choose which way you want to go. Think through your options carefully and choose wisely.
4 reasons why title insurance is better than lawyers’ insurance through Law Pro:» gives better coverage as to the
quality of your ownership than a lawyer’s insurance
» lasts forever, where lawyers don’t
» saves $300 to $400 in disbursements
» protects from mortgage and title fraud
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IN THE NEWS
Great Gulf unveils “Heaven and Earth” by Canadian artist David James at Hot Condos
Great Gulf celebrates its commitment to city beautification and officially unveiled “Heaven and Earth,” a
sculpture by Canadian artist David James at Hot Condominiums. Special guests on hand to inaugurate this public art installation included Mayor Bonnie Crombie, Ward 10 Councillor Sue McFadden and Hot residents.
Located at the northwest corner of Winston Churchill Boulevard and Eglinton Avenue West, the gateway to this community, the sculpture can be enjoyed by residents, visitors and all who travel through the intersection.
“Great Gulf worked very closely with Councillor McFadden to support the City’s vision in placing a landmark sculpture at this strategic location. We are deeply aligned with this community through our passion for public art and Great Gulf’s commitment to create the best architecturally designed buildings that bring life to neighbourhoods. Hot Condominiums, featuring the ‘Heaven and Earth’ sculpture builds a strong presence bringing culture and energy to this vibrant area at Winston Churchill Boulevard and Eglinton Avenue,” says Christopher Wein, president, Great Gulf.
“The Heaven and Earth sculpture, designed by talented Canadian artist David James, is a celebrated and welcomed addition to our community,” says Mississauga Mayor Bonnie Crombie. “In Mississauga we understand and appreciate the important role public art has toward elevating the quality of life in neighbourhoods for families. The work of artists contributes to our own urban planning efforts to build Mississauga’s future into a shining world-class city that is livable, walkable, and enjoyed by all residents,” Mayor Crombie adds.
“It is always a pleasure for me to work with the Great Gulf Group of Companies. They are true professionals who not only produce top-quality real estate properties throughout North America, but also recognize the importance of beautifying cities by commissioning artwork such as this stunning ‘Heaven and Earth’ sculpture,” says Sue McFadden, Ward 10 Councillor. “This unique piece will provide a warm welcome to visitors as they enter the City of Mississauga through Ward 10 – The Best Ward in the City – and Great Gulf should be commended for their vision.”
Hot is a community of three sleek, modern residential buildings, each standing four storeys tall. With stunning architecture by Quadrangle and internationally renowned interior design team Cecconi Simone, these award-winning condos are striking, both inside and out.
For more information, visit hotcondominiums.com and greatgulf.com
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YONGE & BLOOR QUEENS QUAY & SHERBOURNE YONGE & RICHMOND
$580,000s $340,000s$320,000s• Only 10% down• Direct access to subway lines• Now under contruction• Move in next year!
• Last chance at pre-construction pricing • Steps to the PATH, Eaton Centre and subway• BILD and OHBA project of the year• Construction starts fall 2015
• Now under construction • Experience the best of city and waterfront living• OHBA High-rise of the year
LOCATION IS EVERYTHING.
For over 35 years Great Gulf has been building homes. Over 40,000 families acrossOntario are now living in a Great Gulf community. Visit our sales centres today.
Illustrations are artist’s impression. Prices, sizes and specifications subject to change without notice. E.&O.E.Exclusive Listing: Backer Real Estate Incorperated, Brokerage, Brokers protected. Offers valid on select suites only and are limited time only.Offer subject to change or withdrawal without notice. See sales representative for details.
By appointment
AUGUST 1 - 29, 2015 NEW CONDO GUIDE 25
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Get your copy now!416.626.4889
Spring issue now available.
luxury homes and condos to life
created exclusively to showcase luxury homes and condo developments, Luxury Living is the first premium magazine of its kind.
discerning shoppers will enjoy browsing sophisticated design and editorial, and most importantly, the quality selection of premium,high rise and low rise developments in the GTA.
SPRING 2015
REDEFINING LUXURY
– GEN Y STYLESTYLE ICON KARL LAGERFELD
ARRIVES AT YONGE + EGLINTONDESIGNER DETAILS WITH
CANDICE OLSON: Q&A
LuxuryLivingGTA.com
High-end homes & condos IN THE GTA:High-end homes
IN THE GTA: Who’s building what, and where!
Cover photo courtesy of
UPPER WEST SIDE, PHASE 2
BY REGAL CREST HOMES
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MOVE IN NOWUPGRADE TO A NEW STANDARD AT CHAZ YORKVILLE, WHERE WE’VE RAISED THE BAR
WITH STANDARD LUXURY APPOINTMENTS THAT TAKE SOPHISTICATED LIVING TO A NEW HIGH.
THE PREMIUM IN-SUITE EXPERIENCE IS ONLY MATCHED BY THE INCREDIBLE BUILDING
AMENITIES SUCH AS THE SPECTACULAR CHAZ CLUB ON THE 36TH AND 37TH FLOOR,
HOTEL-STYLE LOBBY, LANDSCAPED COURTYARD AND MORE. ADD A FANTASTIC LOCATION,
STEPS TO 2 SUBWAY LINES, UNIVERSITIES, MUSEUMS, RESTAURANTS, SPAS AND SALONS.
THIS IS CHAZ YORKVILLE LIVING AT ITS MOST SUBLIME.
SALES CENTRE AT 45 CHARLES ST. EAST: SUITE 203
MON. – THURS. & SAT. – SUN.: 12PM – 6PM, FRI & STATUTORY HOLIDAYS: CLOSED
CHAZYORKVILLE.COM | 416.922.0045
MODEL SUITE NOW OPEN!SOPHISTICATED YORKVILLE LIVING FROM THE $400’s CLOSING CREDIT & FURNITURE PACKAGE VALUED UP TO $35,000*
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Exclusive Broker Baker Real Estate Inc. Brokers protected. *Speak to a sales representative for more details. Prices, promotions and specifications are subject to change without notice. E&O.E.
MOVE IN NOW TO YORKVILLE LUXURY
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SWEETEST SUITES
SKY-HIGH MODEL SUITE OPENS AT CHAZ.YORKVILLE View from the 49th floor provides staging inspiration
With new residents already enjoying summer living at Chaz.Yorkville, this
spectacular new community presents its second stunning model suite. For anyone considering embracing the ultimate urban lifestyle, the 1,048-sq.-ft. Vista model suite is where the dream comes to elegant life.
In this suite on the 49th floor, prospective buyers get a tangible sense of what Chaz.Yorkville living is like. Every inch of this corner unit – from the convenient foyer with powder room and studio nook,
through the integrated kitchen and open-concept dining and living space, to the full-sized second bedroom, beautifully appointed master bedroom and balcony beyond – has been staged by Toronto Condo Staging founding partners Darren and Lucie Brand to complement its unparalleled location and spectacular scenery.
“What’s really overwhelming here is the view,” Darren says. “This incredible woodland vista; it’s unmatchable, with all the dynamics of city buildings, but overlooking the serene Rosedale Valley.”
The suite layout is distinctively Chaz, one of the eight corner units on each floor that offers views in two directions. The Brands used the interesting angles of the walls to lay out the space in a way that demonstrates that this is a space to be lived in, to gather family and friends,
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Visit the sales centre and stunning Vista and Tempo model suites at
45 Charles St. E., Saturday to Thursday from noon to 6 p.m.
(closed Fridays). Call 416.922.0045 or visit ChazYorkville.com
and to revel in the Yorkville surroundings. They credit Toronto’s esteemed Cecconi Simone design firm for laying a gorgeous foundation for their staging, including the cool Bellair Collection palette that informed their choice of materials.
Darren says that putting the focal-point sofa, which he describes as “low, sleek, and sexy, like a sports car,” against a wall of windows should help people think about the kind of bold furniture placement that makes a distinctive layout like this really shine. “People tend to want to put their big pieces up against a wall, but this shows both the furniture and the space itself to their best advantage.”
Using glass and chrome in the dining room, where six can eat together in comfort, makes the furniture practically disappear. “All of our decisions
were based on upscale luxury with functionality,” Darren says. “The look is clean and simple-lined, to add light but not obstruct anything. Everything points to the view.”
“Significant” pieces of bedroom furniture, including a queen-sized bed in each bedroom, embody the clutter-free lifestyle so appealing to many condo dwellers while demonstrating just how much space is available. Mirrored pieces “with presence” and sleek headboards, instead of platforms or bulky bed frames, keep the look sophisticated.
There was little to be done in the bathrooms, which the Brands describe as “fantastic.” “That recessed medicine cabinet behind the towel bar is brilliant, and they did a lovely job using the tile throughout,” Lucie says.
Rounding out the lifestyle experience exemplified in the Vista model suite is a range of amenities that simply must be experienced. Indoor and outdoor flexible entertaining spaces are numerous, including a Zen-inspired garden, billiards room, and three purpose-designed media lounges for movie-lovers, sports fans and gamers respectively.
The piece de resistance is Chaz Club, the residents’ club cantilevered out from the 36th and 37th floors. Pet spa, on-site Zipcar parking, fully equipped fitness facilities including his and her steam rooms, yoga/Pilates space and massage chairs, 24-hour concierge, lightning-fast Internet speeds, the Bazinga! community-building platform — Chaz.Yorkville by Developer 45 Charles Ltd. and Project Manager Edenshaw Homes is contemporary urban life at its best.
“The look is clean and simple-lined, to add light but not obstruct anything. Everything points to the view.”
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SWEETEST SUITES
SKY-HIGH MODEL SUITE OPENS AT CHAZ.YORKVILLE View from the 49th floor provides staging inspiration
With new residents already enjoying summer living at Chaz.Yorkville, this
spectacular new community presents its second stunning model suite. For anyone considering embracing the ultimate urban lifestyle, the 1,048-sq.-ft. Vista model suite is where the dream comes to elegant life.
In this suite on the 49th floor, prospective buyers get a tangible sense of what Chaz.Yorkville living is like. Every inch of this corner unit – from the convenient foyer with powder room and studio nook,
through the integrated kitchen and open-concept dining and living space, to the full-sized second bedroom, beautifully appointed master bedroom and balcony beyond – has been staged by Toronto Condo Staging founding partners Darren and Lucie Brand to complement its unparalleled location and spectacular scenery.
“What’s really overwhelming here is the view,” Darren says. “This incredible woodland vista; it’s unmatchable, with all the dynamics of city buildings, but overlooking the serene Rosedale Valley.”
The suite layout is distinctively Chaz, one of the eight corner units on each floor that offers views in two directions. The Brands used the interesting angles of the walls to lay out the space in a way that demonstrates that this is a space to be lived in, to gather family and friends,
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Visit the sales centre and stunning Vista and Tempo model suites at
45 Charles St. E., Saturday to Thursday from noon to 6 p.m.
(closed Fridays). Call 416.922.0045 or visit ChazYorkville.com
and to revel in the Yorkville surroundings. They credit Toronto’s esteemed Cecconi Simone design firm for laying a gorgeous foundation for their staging, including the cool Bellair Collection palette that informed their choice of materials.
Darren says that putting the focal-point sofa, which he describes as “low, sleek, and sexy, like a sports car,” against a wall of windows should help people think about the kind of bold furniture placement that makes a distinctive layout like this really shine. “People tend to want to put their big pieces up against a wall, but this shows both the furniture and the space itself to their best advantage.”
Using glass and chrome in the dining room, where six can eat together in comfort, makes the furniture practically disappear. “All of our decisions
were based on upscale luxury with functionality,” Darren says. “The look is clean and simple-lined, to add light but not obstruct anything. Everything points to the view.”
“Significant” pieces of bedroom furniture, including a queen-sized bed in each bedroom, embody the clutter-free lifestyle so appealing to many condo dwellers while demonstrating just how much space is available. Mirrored pieces “with presence” and sleek headboards, instead of platforms or bulky bed frames, keep the look sophisticated.
There was little to be done in the bathrooms, which the Brands describe as “fantastic.” “That recessed medicine cabinet behind the towel bar is brilliant, and they did a lovely job using the tile throughout,” Lucie says.
Rounding out the lifestyle experience exemplified in the Vista model suite is a range of amenities that simply must be experienced. Indoor and outdoor flexible entertaining spaces are numerous, including a Zen-inspired garden, billiards room, and three purpose-designed media lounges for movie-lovers, sports fans and gamers respectively.
The piece de resistance is Chaz Club, the residents’ club cantilevered out from the 36th and 37th floors. Pet spa, on-site Zipcar parking, fully equipped fitness facilities including his and her steam rooms, yoga/Pilates space and massage chairs, 24-hour concierge, lightning-fast Internet speeds, the Bazinga! community-building platform — Chaz.Yorkville by Developer 45 Charles Ltd. and Project Manager Edenshaw Homes is contemporary urban life at its best.
“The look is clean and simple-lined, to add light but not obstruct anything. Everything points to the view.”
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One of Toronto’s top condominium builders with over 3,200 sales in the last three years.*Prices and specifications subject to change without notice. Plaza® and Pure Plaza® are registered trademarks of Plazacorp Urban Residential Communities and used under license. All rights reserved. E.&O.E. July 2015. 25654
Pure opportunity.
Pure convenienceA truly exceptional place to celebrate life in the heart of Liberty Village. Live moments from the Rogers Centre and Air Canada Centre, the Martin Goodman Trail, cultural events at Harbourfront, and the King West theatre district.
Pure characterBe par t of this v ibrant downtown neighbourhood that seamlessly combines landmark 19th century buildings with today’s finest restaurants, boutiques, enter tainment and the famous St . Lawrence Market.
Pure luxuryYou’re just steps from all the best amenities, shopping, transit, dining, world-class entertainment, and of course Toronto’s downtown core. The Tower is a place that welcomes you with a grand yet personal sense of home.
Pure freedomA cornerstone in the burgeoning Fort York neighbourhood, West Harbour City offers the best that life has to offer: recreation, transportation, shopping, d ining and a s tunning pale t te o f exceptional lifestyle amenities.
Pure Choice.Pick your preferred destination
today and MOVE IN NOW! PLAZA COMMUNITIES:
MOVE IN NOWKing West - Building Now Registered65, 75, 85 East Liberty St., TorontoSales Office located at 125 Western Battery Rd. 647.341.1731
The Tower - Building Now Registered125 Western Battery Rd., TorontoSales Office located at 125 Western Battery Rd. 647.341.1731
York Harbour Club35 Bastion Street & 38 Grand Magazine Street, Toronto Sales Office located at 24 Grand Magazine Street 416.214.4517
Ivory on Adelaide400 Adelaide St. East, TorontoSales Office located at 400 Adelaide St. East, Unit 1 647.344.0379
Edge 2-6 Lisgar Street, TorontoSales Office Located at 1151 Queen Street West 416.516.5848
NOW UNDER CONSTRUCTIONEPIC - Occupancy Date January 201548 Abell Street, Toronto Sales Office located at 1151 Queen Street West 416.516.5848
Musée - Occupancy Date July 2016Pre-construction Pricing 525 Adelaide Street West, TorontoSales Office located at 400 Adelaide St. East, Unit 1 647.344.0379
NOW OPEN50 at Wellesley Station - Occupancy Date June 201750 Wellesley St. East, Toronto Sales Office located at 400 Adelaide St. East, Unit 1 647.344.0379
1 Yorkville - Occupancy Date January 20181 Yorkville Ave., Toronto Sales Office located at 162 Cumberland St. 416.519.2911
COMING SOONThe Met at Vaughan Metropolitan CentreVaughan across from the NEW TTC Subway Station
Theatre District Toweron Adelaide
170 Spadinaat Queen
Presentation Centre Hours: Mon–Thurs: 12pm–6pmFri: ClosedWeekends & Holidays: 11am–5pm
register at pureplaza.com
Keep updated by following us:
30 NEW CONDO GUIDE AUGUST 1 - 29, 2015
030-031-Plaza-Corp 08-01-15.indd 30 2015-07-27 7:52 PM
One of Toronto’s top condominium builders with over 3,200 sales in the last three years.*Prices and specifications subject to change without notice. Plaza® and Pure Plaza® are registered trademarks of Plazacorp Urban Residential Communities and used under license. All rights reserved. E.&O.E. July 2015. 25654
Pure opportunity.
Pure convenienceA truly exceptional place to celebrate life in the heart of Liberty Village. Live moments from the Rogers Centre and Air Canada Centre, the Martin Goodman Trail, cultural events at Harbourfront, and the King West theatre district.
Pure characterBe par t of this v ibrant downtown neighbourhood that seamlessly combines landmark 19th century buildings with today’s finest restaurants, boutiques, enter tainment and the famous St . Lawrence Market.
Pure luxuryYou’re just steps from all the best amenities, shopping, transit, dining, world-class entertainment, and of course Toronto’s downtown core. The Tower is a place that welcomes you with a grand yet personal sense of home.
Pure freedomA cornerstone in the burgeoning Fort York neighbourhood, West Harbour City offers the best that life has to offer: recreation, transportation, shopping, d ining and a s tunning pale t te o f exceptional lifestyle amenities.
Pure Choice.Pick your preferred destination
today and MOVE IN NOW! PLAZA COMMUNITIES:
MOVE IN NOWKing West - Building Now Registered65, 75, 85 East Liberty St., TorontoSales Office located at 125 Western Battery Rd. 647.341.1731
The Tower - Building Now Registered125 Western Battery Rd., TorontoSales Office located at 125 Western Battery Rd. 647.341.1731
York Harbour Club35 Bastion Street & 38 Grand Magazine Street, Toronto Sales Office located at 24 Grand Magazine Street 416.214.4517
Ivory on Adelaide400 Adelaide St. East, TorontoSales Office located at 400 Adelaide St. East, Unit 1 647.344.0379
Edge 2-6 Lisgar Street, TorontoSales Office Located at 1151 Queen Street West 416.516.5848
NOW UNDER CONSTRUCTIONEPIC - Occupancy Date January 201548 Abell Street, Toronto Sales Office located at 1151 Queen Street West 416.516.5848
Musée - Occupancy Date July 2016Pre-construction Pricing 525 Adelaide Street West, TorontoSales Office located at 400 Adelaide St. East, Unit 1 647.344.0379
NOW OPEN50 at Wellesley Station - Occupancy Date June 201750 Wellesley St. East, Toronto Sales Office located at 400 Adelaide St. East, Unit 1 647.344.0379
1 Yorkville - Occupancy Date January 20181 Yorkville Ave., Toronto Sales Office located at 162 Cumberland St. 416.519.2911
COMING SOONThe Met at Vaughan Metropolitan CentreVaughan across from the NEW TTC Subway Station
Theatre District Toweron Adelaide
170 Spadinaat Queen
Presentation Centre Hours: Mon–Thurs: 12pm–6pmFri: ClosedWeekends & Holidays: 11am–5pm
register at pureplaza.com
Keep updated by following us:
AUGUST 1 - 29, 2015 NEW CONDO GUIDE 31
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32 NEW CONDO GUIDE AUGUST 1 - 29, 2015 AUGUST 1 - 29, 2015 NEW CONDO GUIDE 33
By Andrew La Fleur
INVESTOR ADVICE
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
Four upcoming condo investment gold mines
The best time to invest in a neighbourhood is before the area is built-out and established. Here are four of my favourite up-and-coming areas to
consider for investment in 2015:
1. East Bay FrontIf you go visit the East Bay Front area today there are already signs of big changes like the Corus Quay building, George Brown College, Sherbourne Common, and Sugar Beach to name a few highlights. In five years time it will be unrecognizable with several highrise condos, office buildings, restaurants, retail and schools coming into the area. After decades of neglect, the waterfront is making a big comeback in Toronto!In the area: Monde (Great Gulf Homes), Aqualina (Tridel and Hines), Daniels Waterfront (The Daniels Corporation)
2. West Don LandsThe eyes of the world are on the West Don Lands with Toronto playing host to the Pan American Games, and this area is home of the Athletes Village. This neighbourhood has been built from scratch over the last few years and is starting to show signs of the potential it holds. And have you heard? The secret is starting to spread west of Yonge about what is quite possibly the best park in the city in Corktown Common – a stunning 18-acre greenspace.In the area: Canary Park (Dundee Kilmer), River City 3 (Urban Capital)
3. Downtown PickeringPopulation growth is one of the best predictors of real estate appreciation and Pickering’s population is expected to double over the next 15 years from 95,000 to 190,000. Much of this development will be centered around the new Downtown Pickering, which is defined roughly as Bayly street to the south, Liverpool to the west, Kingston Road to the north, and Brock Road to the east. Downtown is just 26 minutes away by GO Train from here.In the area: San Francisco by the Bay Phase 2 (Chestnut Hill Developments)
4. Erin MillsErin Mills has come a long way from its humble beginnings. With lowrise housing prices out of reach for most buyers, and many more who bought in the first wave looking to downsize, look for the condominium trend to continue. Erin Mills Town Centre is finishing up a $100M renovation, the Credit Valley hospital keeps on expanding, and the Mississauga Transit is expanding rapid transit into the ‘hood.In the area: Daniels Erin Mills, Downtown Erin Mills (Pemberton),
032 Andrew la Fleur-4 up-and-coming areas to invest in the GTA_VB_L.indd 18 7/28/15 10:53 AMTCG 08-01-15 master.indd 32 2015-07-28 3:35 PM
MAKINGOWNERSHIPVERYEASY
MOVE IN NOW!
MMMMMMAKINGAKINGAKINGOOOOOOWNERSHIPWNERSHIPWNERSHIPVVVERYERYERYEEEASYASYASYASYASYASY
MAKING OWNERSHIP VERY EASY
OUR M.O.V.E. PROGRAM IS BACK
Bryon Patton Designed Suites
AVAILABLE FOR TOURING!Gibson Square is North York’s perfect condo address, with direct access to Empress Walk
Shopping Centre and North York Centre Subway Station.
MENKES SALES CENTRE4954 Yonge Street, South of Mel Lastman Square
HOURS:Mon - Thurs 12 - 6 pm | Closed FridaySat & Sun 12 - 5 pm
416.730.9722 | menkes.com
@MenkesLife
facebook.com/MenkesLife
LIMITED NUMBER OF NORTH & SOUTH TOWER SUITES AVAILABLE
746 sq.ft. to 1,025 sq.ft.
Starting from $429,990
SPACIOUS PENTHOUSE RESIDENCES AVAILABLE
1,313 sq.ft. to 1,926 sq.ft.
Starting from $836,990
See sales representative for details. Prices and specifications are subject to change. E.&O.E. July 2015.
MOVE IN NOW!
MAKING OWNERSHIP VERY EASY
OUR M.O.V.E. PROGRAM IS BACK
Bryon Patton Designed Suites
AVAILABLE FOR TOURING!Gibson Square is North York’s perfect condo address, with direct access to Empress Walk
Shopping Centre and North York Centre Subway Station.
MENKES SALES CENTRE4954 Yonge Street, South of Mel Lastman Square
HOURS:Mon - Thurs 12 - 6 pm | Closed FridaySat & Sun 12 - 5 pm
416.730.9722 | menkes.com
@MenkesLife
facebook.com/MenkesLife
LIMITED NUMBER OF NORTH & SOUTH TOWER SUITES AVAILABLE
746 sq.ft. to 1,025 sq.ft.
Starting from $429,990
SPACIOUS PENTHOUSE RESIDENCES AVAILABLE
1,313 sq.ft. to 1,926 sq.ft.
Starting from $836,990
See sales representative for details. Prices and specifications are subject to change. E.&O.E. July 2015.
MOVE IN NOW!
Register your interest at menkes.com
Prices and speci� cations are subject to change. E.&O.E. July 2015. [email protected]/MenkesLife
Your life storey starts here.
Coming SoonYonge & Eglinton, Toronto
Register now at menkes.com
Construction StartingPeter & King, Toronto
Starting from $343,990 416.591.7700
Under ConstructionRichmond & Spadina, TorontoStarting from the mid $300’s
416.591.7700
Move In This SummerAvenue & Davenport, Toronto
Starting from $420,000 416.323.0100
Construction StartingChurch & Carlton, Toronto
Starting from $248,990 416.591.7700
Under ConstructionYork & Harbour, Toronto
Starting from the mid $300’s 416.591.7700
Under ConstructionEvans Ave. + Brown’s Line, Etobicoke
Starting from the mid $500’s 416.259.2525
Move In NowYonge & Park Home, North York
Starting from $429,990 416.730.9722
C
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34 NEW CONDO GUIDE AUGUST 1 - 29, 2015 AUGUST 1 - 29, 2015 NEW CONDO GUIDE 35
By Barbara Lawlor
CONDO PRO
Condos: A first-time buyer’s paradise
I’ve been involved in the new-condo industry for years, and I have never seen conditions as favorable for first-time buyers as they are right now.
Anyone thinking about taking this major step should seriously consider buying soon for a multitude of reasons. For one thing, it’s absolutely incredible that interest rates have stayed so low for so long. Whatever age people are when they enter the market today, they’re getting rates far lower than what their parents had. And when you consider the length of time it takes to pay off a mortgage and the amount of interest you pay during that time, every percentage point – or even fraction of a point – lower represents many thousands of dollars saved in the long run.
Also on the financial angle, prices are extremely competitive – mainly because there is a phenomenal amount of choice out there aimed at the first-time buyer market. As the price of lowrise homes skyrockets, condominiums are a refreshingly attainable choice as a first home.
As a first-time buyer, you may have to choose one of the more compact designs, but remember, you have wonderful amenities that are an extension of your living space. For example, with a fitness room in the condo building, you don’t need space in your suite for exercise equipment. If you want to entertain a crowd, you can book the party room or have friends over to watch the big
game in the theatre room.And of course, the federal
government is helping first-time buyers get into the market by offering the first-time Home Buyers’ Plan (HBP), which allows you to withdraw $25,000 – tax free! – from your RRSPs to put toward a downpayment and other purchase-related costs. If you’re a couple, you can each use that amount, for a total of $50,000. Don’t forget about the first-time Home Buyers’ Tax Credit (HBTC) of up to $750 in tax relief.
Remember, the economy and real estate roll in cycles. Mortgage rates will rise again, and so will the prices of condominium suites as labour, materials and other building costs increase. If you can buy your first home now, you have a lot going for you that may not be available in six months or a year. Think ahead and act now!
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.
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Aboutiqueurbanstatement.
Fashion, elegance and luxury living come together at the Village Residences. Live in a prestigious neighbourhood across from Bayview Village and steps from TTC, parks,
schools, highways and more. Welcome home.
REGISTER FOR PRIORITY PREVIEWwww.VillageResidences.ca
*All prices, fi gures, sizes, specifi cations and information are subject to change without notice.
E.&O.E. All illustrations are artist’s concept only. ©2015 Liberty Development Corporation.
Brokers Protected. All rights reserved.
MODERN CONDOS AT BAYVIEW VILLAGE NEXT
TO THE SUBWAY
AT BAYVIEW VILLAGE
VRES 41108 Condo Guide_final.indd 1 2015-06-24 4:32 PM
AUGUST 1 - 29, 2015 NEW CONDO GUIDE 35
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Sales Centre on Beverley Glen Just West of BathurstBathurst & Centre Street
READY!
LegacyParkCondos.com | 905-731-8302
YO
NG
E S
T.
407
BEVERLEY GLEN BLVD.
CENTRE ST.
STEELES AVE W.
BA
TH
UR
ST
ST
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TTC/VIVA
Liberty is a Friend to the
First Time Buyer
ONLY 5%Deposit*
FINAL PHASEAT BATHURST & CENTRE ST.
Urban Condos from the mid $260’s
5-acre Park | Rooftop TerraceParty Room | Grand Lobby
*As per price list. Limited time offer. Offer based on select number of units.For qualifi ed buyers on approved credit. All renderings are artist’s concept. Prices, specifi cations, and availability are subject to change without notice.
E.&O.E. Brokers protected. See Sales Representative for details.
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38 NEW CONDO GUIDE AUGUST 1 - 29, 2015 AUGUST 1 - 29, 2015 NEW CONDO GUIDE 39
IN THE NEWS
Low interest rates affecting sales, says CREA
Canadian home sale levels remain strong this summer, with only a slight decrease in the rate from May to June 2015. Markets in Greater
Vancouver and Greater Toronto are shown to pervert the national home price average, with prices there being the highest in the country.
The national home sales rate declined by 0.8 per cent from May to June 2015 according to recently released statistics by the Canadian Real Estate Association (CREA). But, the market shows no signs of slowing down with May and June sale levels being the highest in more than five years.
Sale levels in June saw an increase in a number of markets such as Hamilton-Burlington and the Durham region in the GTA. Those increases were balanced out by a fall in sales within Ottawa and Montreal.
CREA president Pauline Aunger said in a press release that low interest rates are an important factor in increasing home sales in the summer months. Yet, she said some regions benefit more from low interest rates than others.
“All real estate is local, with trends affected by a combination of local and national factors,” she said.
A strong demand for housing in the GTA combined with a lack of listings contributes to an increase in home prices, says Gregory Klump, CREA’s chief economist. CREA’s recently released statistics also showed that the MLS Home Price Index (HPI) rose 5.43 per cent year-over-year in June.
Statistics also showed a national sale price increase of 9.6 per cent ($453,560) on a year-over-year basis in June. With the exclusion of Greater Vancouver and Greater Toronto, the increase appears much more modest at a growth of 3.1 per cent.
“Low interest rates are helping sales activity set new records in and around the Greater Toronto Area, which is boosting national sales activity,” Klump says.
Sales levels (not seasonally adjusted) for June rose year-over-year, up 11 per cent higher over June 2014, and 14 per cent higher than the 10-year average for June. For two-thirds of all local markets, sales levels (not seasonally adjusted) were up on a year-over-year basis.
The Canadian Housing Market remains balanced overall, with a sales-to-new listing ratio between 40 and 60 per cent, and prices hovering just above and below
the average level. Half of all local markets were within this range in June. One-third of local markets surpassed a 60-per-cent mark, which included areas like British Columbia and the GTA.
On average, there CREA reports 5.6 months of inventory nationally by the end of June, which remained stagnant from previous readings in May 2015, and the lowest seen in three years.
What kind of properties are seeing the largest gains in price? Two-storey single family homes come out on top, with the highest year-over-year gains of 7. 65 per cent. Other single-family homes saw a 4.43-per-cent increase, followed closely by townhouse/row units which saw gains of four per cent. Apartment sales saw a small increase of 2.64 per cent.
Both Greater Toronto and Greater Vancouver saw high year-over-year price gains at 8.94 per cent and 10.26 per cent, respectively. Markets such as Fraser Valley, Victoria and Vancouver Island saw smaller year-over-year gains of four per cent.
A slow-down is seen in Calgary, with a year-over-year increase of 0.48 per cent in June. Indicating the smallest gains in almost four years, Calgary’s rates correlate with a full year of rates decreasing.
By comparison, Saskatoon and Ottawa’s rates remained steady year-over-year while Greater Montreal saw a slight rise. Regina and Greater Moncton saw prices fall at three percent and two per cent.
By Olivia Bowden
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P R E S E N T I N G T H E C O N N E C T E D C O L L E C T I O N A T T H E B O N D C O N D O M I N I U M S
BOND WITH TORONTO’S MOST THRIVING NEIGHBOURHOOD AND
CONNECT TO COMMUNIT Y, CULTURE, CONVENIENCE, AND AN ADDRESS
THAT’S PLUGGED INTO EVERY THING .
TWO ADDITIONAL FLOORS AND A LIMITED NUMBER OF NEWLY RELEASED UNITS ARE NOW AVAIL ABLE.
C O N T A C T U S T O D AY F O R P R I O R I T Y A C C E S S , I N C E N T I V E O P P O R T U N I T I E S A N D S P E C I A L O F F E R S !
( 1 B E D R O O M / 1 B R + D E N )
039-Lifetime-Bond 08-01-15.indd 39 2015-07-27 7:53 PM
40 NEW CONDO GUIDE AUGUST 1 - 29, 2015 AUGUST 1 - 29, 2015 NEW CONDO GUIDE 41
CONDO PROFILE
LIFETIME DEVELOPMENTS CAPTURES TORONTO’S
ENTERTAINMENT DISTRICT Developer unveils captivating multimedia tribute
to the future home of The Bond
Just as Torontonians might start to think that the iconic Entertainment District couldn’t be any trendier, Lifetime Developments proves otherwise
with its new, engaging and artistic multimedia campaign for The Bond Condominiums.
To celebrate the release of the Connected Collection, the final selection of suites at The Bond, Lifetime’s campaign highlights the Entertainment District and some of its most stylish and successful citizens in an eight- week series called The Collective.
In a spotlight-style video, Lifetime releases a weekly video via Facebook and YouTube featuring influencers in the business, fashion, dining, and lifestyle industries,
whose personal brands are inextricably linked to the Entertainment District.
The video series profiles Zark Fatah of Capture Group, Charles Khabouth of INK Entertainment, and Hanif Harji of Icon Legacy Hospitality, among other high-profile individuals. To conclude the video series, Lifetime will present a documentary-style video that walks the viewer through the neighbourhood from day into night, connecting them with the cultural landmarks and exciting attractions of the area.
“The Entertainment District is Toronto’s most thriving neighbourhood. We want our residents to feel connected with the neighbourhood right from the beginning,” says
040-041 CP Lifetime-The Bond_MC_L.indd 18 7/28/15 10:54 AM
To watch the videos in The Collective series, visit online at thebond.ca/collective-series, or visit
instagram.com/connectandcapture to see the amazing submissions to the #BondTO Connected Collection photo contest. For more information on The Bond
Condos, visit thebond.ca or call 416.546.7525.
Brian Brown, vice-president of Lifetime Developments. “The Bond is located right in the heart of this lively District, so that connection between our development, our purchasers and the neighbourhood… it’s the foundation of our campaign.”
While The Collective videos explore the connection between people and Entertainment District, and the documentary will connect viewers to the sights and sounds of the area, the creative campaign’s final element has people capturing their personal connection with the Entertainment District through photos.
Lifetime Developments is inviting submissions of photos that show people’s bond and connection with the Entertainment District, and include a human element, to its Instagram Photo Contest using the #BondTO hashtag. Each week a photo will be selected for a chance to win great prizes such as a tequila tasting for two, gift certificates to local restaurants, passes to tour the Steamwhistle Brewery, or the grand prize of an iPhone6.
“We have long known that the Entertainment District was an area on the rise and given the right attention to detail and design, would be appealing to buyers,” says Brown. “The transformation of this neighbourhood over
the last decade has been unprecedented, and the photos submitted through Instagram really capture and illustrate this vibrant and lively community.”
Designed by Core Architects, The Bond Condominiums is currently under construction at the corner of Adelaide and John Street, and one of the area’s most successful and highly anticipated projects. The exclusive selection of suites in the new Connected Collection will include the recently added top two floors of the 42-storey tower, as well as a limited number of newly released terrace suites.
The stunning suite interiors are designed by Thomas Pearce Interior Design Consulting, and feature nine-ft. ceiling heights, floor-to-ceiling windows, and spacious balconies in each suite that amplify the panoramic views of the city and lake.
Residents will have access to two levels of amenity space on the seventh and eighth floors. The Urban Retreat features a private lounge complete with a wet bar, event kitchen and dining room; billiards lounge; golf simulator; and an outdoor terrace. Upstairs, the Fitness Retreat features a weight and cardio training room, double-height yoga studio, outdoor pool and hot tub, plus a sun lounge equipped with a juice bar.
“The Entertainment District has transformed into an exciting place, where people can live where their life is. The Bond is surrounded by restaurants, theatres and lounges, and is close to many offices, shopping, and transit options,” says Brown. “With a landmark location and desirable amenities, this new collection of suites won’t be available for long.”
Lifetime Developments is inviting submissions of photos that show people’s bond and connection with the Entertainment District. Photo by Danya Maclean
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40 NEW CONDO GUIDE AUGUST 1 - 29, 2015 AUGUST 1 - 29, 2015 NEW CONDO GUIDE 41
CONDO PROFILE
LIFETIME DEVELOPMENTS CAPTURES TORONTO’S
ENTERTAINMENT DISTRICT Developer unveils captivating multimedia tribute
to the future home of The Bond
Just as Torontonians might start to think that the iconic Entertainment District couldn’t be any trendier, Lifetime Developments proves otherwise
with its new, engaging and artistic multimedia campaign for The Bond Condominiums.
To celebrate the release of the Connected Collection, the final selection of suites at The Bond, Lifetime’s campaign highlights the Entertainment District and some of its most stylish and successful citizens in an eight- week series called The Collective.
In a spotlight-style video, Lifetime releases a weekly video via Facebook and YouTube featuring influencers in the business, fashion, dining, and lifestyle industries,
whose personal brands are inextricably linked to the Entertainment District.
The video series profiles Zark Fatah of Capture Group, Charles Khabouth of INK Entertainment, and Hanif Harji of Icon Legacy Hospitality, among other high-profile individuals. To conclude the video series, Lifetime will present a documentary-style video that walks the viewer through the neighbourhood from day into night, connecting them with the cultural landmarks and exciting attractions of the area.
“The Entertainment District is Toronto’s most thriving neighbourhood. We want our residents to feel connected with the neighbourhood right from the beginning,” says
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To watch the videos in The Collective series, visit online at thebond.ca/collective-series, or visit
instagram.com/connectandcapture to see the amazing submissions to the #BondTO Connected Collection photo contest. For more information on The Bond
Condos, visit thebond.ca or call 416.546.7525.
Brian Brown, vice-president of Lifetime Developments. “The Bond is located right in the heart of this lively District, so that connection between our development, our purchasers and the neighbourhood… it’s the foundation of our campaign.”
While The Collective videos explore the connection between people and Entertainment District, and the documentary will connect viewers to the sights and sounds of the area, the creative campaign’s final element has people capturing their personal connection with the Entertainment District through photos.
Lifetime Developments is inviting submissions of photos that show people’s bond and connection with the Entertainment District, and include a human element, to its Instagram Photo Contest using the #BondTO hashtag. Each week a photo will be selected for a chance to win great prizes such as a tequila tasting for two, gift certificates to local restaurants, passes to tour the Steamwhistle Brewery, or the grand prize of an iPhone6.
“We have long known that the Entertainment District was an area on the rise and given the right attention to detail and design, would be appealing to buyers,” says Brown. “The transformation of this neighbourhood over
the last decade has been unprecedented, and the photos submitted through Instagram really capture and illustrate this vibrant and lively community.”
Designed by Core Architects, The Bond Condominiums is currently under construction at the corner of Adelaide and John Street, and one of the area’s most successful and highly anticipated projects. The exclusive selection of suites in the new Connected Collection will include the recently added top two floors of the 42-storey tower, as well as a limited number of newly released terrace suites.
The stunning suite interiors are designed by Thomas Pearce Interior Design Consulting, and feature nine-ft. ceiling heights, floor-to-ceiling windows, and spacious balconies in each suite that amplify the panoramic views of the city and lake.
Residents will have access to two levels of amenity space on the seventh and eighth floors. The Urban Retreat features a private lounge complete with a wet bar, event kitchen and dining room; billiards lounge; golf simulator; and an outdoor terrace. Upstairs, the Fitness Retreat features a weight and cardio training room, double-height yoga studio, outdoor pool and hot tub, plus a sun lounge equipped with a juice bar.
“The Entertainment District has transformed into an exciting place, where people can live where their life is. The Bond is surrounded by restaurants, theatres and lounges, and is close to many offices, shopping, and transit options,” says Brown. “With a landmark location and desirable amenities, this new collection of suites won’t be available for long.”
Lifetime Developments is inviting submissions of photos that show people’s bond and connection with the Entertainment District. Photo by Danya Maclean
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42 NEW CONDO GUIDE AUGUST 1 - 29, 2015 AUGUST 1 - 29, 2015 NEW CONDO GUIDE 43
By Ben Myers
STAT CHAT
Fortress Real Developments partners with builders across Canada, and Ben assists in
evaluating the market and projects that Fortress engages in. Follow
his blog posts and commentary on the Canadian Housing Market at
fortressrealdevelopments.com/news or follow him on twitter
at @BenMyers29
Why is smart money getting into apartment ownership?
AND SHOULD YOU JOIN THEM?
I headed down to Boston recently to take my second real estate course at MIT. One of the key themes centred on how large pension funds and institutional capital is allocated by their money managers and key
executives. I’d be lying if I told you I understood everything about the betas, alphas, correlation coe� cients, and derivatives swaps discussed in class, but it did provide me with a better understanding of how these large organizations evaluate risk when determining how to allocate their investment dollars.
Why this subject is topical is because of the renewed interest among institutional capital, opportunity funds and REITs in investing in the development of large rental apartment buildings in Canada. With the exception of a few projects, the number of large-scale rental apartment towers developed in this country over the past decade is nearly non-existent. Most of the new rental supply has come in the form of private landlords who rent out their condos. The returns these individual investors have seen in the past 15 years has caught the eye of insurance companies, hedge funds, mutual funds and high net-worth individuals, who are buying up huge sites in Toronto to build their own buildings.
The MIT professors are the smartest real estate academics in North America. The guy wrote the textbook! He consults the largest public investment trusts in the U.S. and it puts me at ease knowing that folks like him are green-lighting more apartments in select U.S. cities and in downtown Toronto. The same folks have been trying to sell you on condominium apartment oversupply for a decade, too many units, too many investors, not enough renters, and in 2015 they have been wrong again, despite the record high unit completions. In fact, June data from the Toronto Real Estate Board
shows that the average price of a condo apartment is up six per cent annually!
Some individual investors might be nervous about competing against these huge, professionally managed rental buildings with their one condo unit. I don’t blame them. The strategy is to go boutique, smaller projects in neighbourhoods, instead of mega towers on the subway. Give your prospective tenant a di� erent experience than what a large tower on a main thoroughfare might o� er.
You can keep listening to that anonymous blogger, or some analyst from Europe about the future conditions of the Canadian housing market, or you can follow in the footsteps of the billion dollar investment capital!
042 Ben Myers_Stat Chat-Why is smart money getting into rental apartments_VB_L.indd 18 7/28/15 10:54 AMTCG 08-01-15 master.indd 42 2015-07-28 3:35 PM
DANIELS IS CHANGING THE
WATERFRONTFOREVER
ARRIVING THIS FALL!
FOREVER
INNER CIRCLE MEMBERS RECEIVE SPECIAL PERKS AND PRIVILEGES AT LIGHTHOUSE TOWER
• First choice of suites, fl oors and views before the general public
• Your invitation to the fi rst advance sale
• Members only invitations to Daniels events
• Access to insider information Becoming an Inner Circle member is easy. To take advantage of Inner Circle privileges, a one-time $500 membership fee is required. This fee can be applied to the purchase of any Daniels Waterfront suite. OR, should you decide not to purchase at Daniels Waterfront, your $500 will be fully refunded. It’s a win-win!
The Inner Circle is open for a limited time only, and will close prior to the Inner Circle sale.
This fall, The Daniels Corporation will unveil Lighthouse Tower at Daniels Waterfront – City of the Arts, a master-planned, mixed-use community surrounded by creativity, inspired by arts and culture, and driven by innovation. This visionary gateway to the East Bayfront, where Lower Jarvis meets Queens
Quay, will introduce a new era of living, o� ering residents panoramic lake and city views, exceptional amenities, luxurious suites, and endless conveniences at your doorstep, including Sugar Beach North, a beautiful promenade featuring retail and public art, linking to Canada’s iconic sandy Sugar Beach to the south.
INNER CIRCLE MEMBERS RECEIVE SPECIAL PERKS AND PRIVILEGES AT LIGHTHOUSE TOWER
REGISTER NOW!DANIELSWATERFRONT.COM 416.221.3939
GARDINER EXPY
QUEENS QUAY E
LAKE SHORE BLVD E
LOWER JARVIS ST
YONGE ST
RICHARDSON ST
LAKEONTARIO
GARDINER EXPY
QUEENS QUAY E
LAKE SHORE BLVD E
LOWER JARVIS ST
YONGE ST
RICHARDSON ST
LAKEONTARIO
GARDINER EXPY
QUEENS QUAY E
LAKE SHORE BLVD E
LOWER JARVIS ST
YONGE ST
RICHARDSON ST
LAKEONTARIO
PRESENTATION CENTRE:162 Queens Quay EastMon to Thurs: 11am-7pm, Weekends & Holidays: 12pm-6pm,Fridays: closed
SUITES FROM $279,900
Get an inside look at an arts-inspired life on the waterfront.Visit our presentation centre for a sneak peek!
Exclusive Listing: CityLife Realty Ltd. Brokerage. Brokers Protected. Illustrations are artist’s concept. Prices and specifi cations 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.
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AUGUST 1 - 29, 2015 NEW CONDO GUIDE 43
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44 NEW CONDO GUIDE AUGUST 1 - 29, 2015 AUGUST 1 - 29, 2015 NEW CONDO GUIDE 45
CONDO PROFILE
LIGHTHOUSE TOWER ARRIVING THIS FALL
A residential beacon at Daniels Waterfront – City of the Arts
Recently, The Daniels Corporation held the exciting unveiling of Daniels
Waterfront – City of the Arts, a master-planned, mixed-use community that will become the gateway to Toronto’s East Bayfront. The community is bordered by Lake Shore Blvd., Richardson St., Queens Quay East, and Lower Jarvis, right next to Lake Ontario, Canada’s Sugar Beach, the Water’s Edge Promenade, Sherbourne Common, and the
St. Lawrence Market. It is steps to dedicated bike lanes, TTC, Union Station, Billy Bishop Airport, the Gardiner Expressway and the DVP, and only minutes from the Entertainment, Financial, and Distillery Districts.
Daniels’ commitment to take the revitalization of the East Bayfront to the next level has already captured the interest of artistic and cultural organizations, and businesses that will be calling Daniels Waterfront – City of the Arts “home.” This live-work-play-learn-create community will combine office, retail, cultural and residential components, as well as The Yard – a charming pedestrian lane way linking Jarvis and Richardson streets, with retail venues, cafés and eateries, and Sugar Beach North, a prominent, tree-lined public amenity for outdoor gatherings, music, dance and celebration.
Lighthouse Tower, the first condominium residence, will go on sale this fall with suites priced from just $279,900.
044-045 CP Daniels-Waterfront_MC_L.indd 18 7/28/15 10:54 AM
To register for the Lighthouse Tower and join the Inner Circle, visit the Daniels’ Waterfront presentation centre at 162 Queens Quay East,
call 416.221.3939, or go to DanielsWaterfront.com. Follow @DanielsWtrFront on Twitter for updates on everything Daniels Waterfront – City of the Arts.
Located on the southeast corner of Lower Jarvis St. and Lake Shore Blvd., the 45-storey Lighthouse Tower was designed by one of Toronto’s most renowned architecture firms, Giannone Petricone Associates Inc., to take advantage of breathtaking lake and city views. Daniels also enlisted award-winning Cecconi Simone Inc., to bring the condominium interiors to life, where a fusion of industrial elements and spaces meets New York-inspired loft designs.
The Lighthouse Tower combines a stylish welcome with smart suite layouts, contemporary appointments, and an unprecedented array of unique amenities. Enhancing the “City of the Arts” component of this incredible neighbourhood is an exclusive Interconnectivity package, giving special access to arts organizations within the community, plus some of the city’s most prominent cultural organizations such as Artscape, TIFF and NXNE. Similar to Daniels’ past successes at Festival and Cinema Towers, this value-added benefit at Lighthouse Tower is sure to be popular.
Suites will range from studio to two-bedroom layouts, topping off with distinguished penthouses featuring expansive views of Lake Ontario and the city skyline.
Registrations are pouring in from people who recognize the anticipated lifestyle potential in this community, surrounded by creativity, inspired by culture, and driven by innovation. To ensure the very best chance to purchase a suite in this incredible location, registrants can join the Lighthouse Tower Inner Circle, a Daniels program offering members the opportunity to be among the first to choose their suites, floors and views, before the general public. A one-time $500 registration fee is applied to the purchase of any Lighthouse Tower suite. This fee is fully refundable at any time should the member decide not to purchase. It’s a win-win.
The Daniels Corporation (danielshomes.ca) is one of Canada’s pre-eminent builders/developers, building more than 25,000 new homes across the Greater Toronto Area over 33 years. Committed to community, Daniels offers innovative programs that help people achieve home ownership, champions neighbourhood initiatives that enhance residents’ quality of life, and supports numerous charities and non-profit organizations.
044-045 CP Daniels-Waterfront_MC_L.indd 19 7/28/15 10:54 AMTCG 08-01-15 master.indd 44 2015-07-28 3:35 PM
44 NEW CONDO GUIDE AUGUST 1 - 29, 2015 AUGUST 1 - 29, 2015 NEW CONDO GUIDE 45
CONDO PROFILE
LIGHTHOUSE TOWER ARRIVING THIS FALL
A residential beacon at Daniels Waterfront – City of the Arts
Recently, The Daniels Corporation held the exciting unveiling of Daniels
Waterfront – City of the Arts, a master-planned, mixed-use community that will become the gateway to Toronto’s East Bayfront. The community is bordered by Lake Shore Blvd., Richardson St., Queens Quay East, and Lower Jarvis, right next to Lake Ontario, Canada’s Sugar Beach, the Water’s Edge Promenade, Sherbourne Common, and the
St. Lawrence Market. It is steps to dedicated bike lanes, TTC, Union Station, Billy Bishop Airport, the Gardiner Expressway and the DVP, and only minutes from the Entertainment, Financial, and Distillery Districts.
Daniels’ commitment to take the revitalization of the East Bayfront to the next level has already captured the interest of artistic and cultural organizations, and businesses that will be calling Daniels Waterfront – City of the Arts “home.” This live-work-play-learn-create community will combine office, retail, cultural and residential components, as well as The Yard – a charming pedestrian lane way linking Jarvis and Richardson streets, with retail venues, cafés and eateries, and Sugar Beach North, a prominent, tree-lined public amenity for outdoor gatherings, music, dance and celebration.
Lighthouse Tower, the first condominium residence, will go on sale this fall with suites priced from just $279,900.
044-045 CP Daniels-Waterfront_MC_L.indd 18 7/28/15 10:54 AM
To register for the Lighthouse Tower and join the Inner Circle, visit the Daniels’ Waterfront presentation centre at 162 Queens Quay East,
call 416.221.3939, or go to DanielsWaterfront.com. Follow @DanielsWtrFront on Twitter for updates on everything Daniels Waterfront – City of the Arts.
Located on the southeast corner of Lower Jarvis St. and Lake Shore Blvd., the 45-storey Lighthouse Tower was designed by one of Toronto’s most renowned architecture firms, Giannone Petricone Associates Inc., to take advantage of breathtaking lake and city views. Daniels also enlisted award-winning Cecconi Simone Inc., to bring the condominium interiors to life, where a fusion of industrial elements and spaces meets New York-inspired loft designs.
The Lighthouse Tower combines a stylish welcome with smart suite layouts, contemporary appointments, and an unprecedented array of unique amenities. Enhancing the “City of the Arts” component of this incredible neighbourhood is an exclusive Interconnectivity package, giving special access to arts organizations within the community, plus some of the city’s most prominent cultural organizations such as Artscape, TIFF and NXNE. Similar to Daniels’ past successes at Festival and Cinema Towers, this value-added benefit at Lighthouse Tower is sure to be popular.
Suites will range from studio to two-bedroom layouts, topping off with distinguished penthouses featuring expansive views of Lake Ontario and the city skyline.
Registrations are pouring in from people who recognize the anticipated lifestyle potential in this community, surrounded by creativity, inspired by culture, and driven by innovation. To ensure the very best chance to purchase a suite in this incredible location, registrants can join the Lighthouse Tower Inner Circle, a Daniels program offering members the opportunity to be among the first to choose their suites, floors and views, before the general public. A one-time $500 registration fee is applied to the purchase of any Lighthouse Tower suite. This fee is fully refundable at any time should the member decide not to purchase. It’s a win-win.
The Daniels Corporation (danielshomes.ca) is one of Canada’s pre-eminent builders/developers, building more than 25,000 new homes across the Greater Toronto Area over 33 years. Committed to community, Daniels offers innovative programs that help people achieve home ownership, champions neighbourhood initiatives that enhance residents’ quality of life, and supports numerous charities and non-profit organizations.
044-045 CP Daniels-Waterfront_MC_L.indd 19 7/28/15 10:54 AMTCG 08-01-15 master.indd 45 2015-07-28 3:35 PM
46 NEW CONDO GUIDE AUGUST 1 - 29, 2015 AUGUST 1 - 29, 2015 NEW CONDO GUIDE 47
IN THE NEWS
Condo rental demand hits new high in the GTA: Prices up, unit sizes down
Condo rental prices are up and unit sizes are down, but despite this shift, condos remain a hot commodity in the GTA’s rental market, with
leases spiking 22 per cent year-over-year to 8,200 units, according to the second-quarter rental market survey results released by Urbanation recently. The rate of growth has doubled that of the previous few quarters.
Demand has outpaced supply, with condo rental listings up 14 per cent, putting the leases-to-listings ratio at 79 per cent, up from 74 per cent a year earlier.
The average condo rental listing took 24 days to be scooped up.
Echoing the upward trend were condo rental prices which rose for the first time in almost two years, up 1.7 per cent to $1,817. The rate of price growth accelerated to 4.6 per cent after averaging less than one per cent since the start of 2014, boosting rents to a new high of $2.48 per sq. ft.
“Rental demand in Toronto continues to defy expectations,” says Shaun Hildebrand, Urbanation’s senior vice-president. “Absorptions have grown in tandem with record levels of condo supply and rents
have proven remarkably resilient. It’s actually surprising there hasn’t been more action on the purpose-built rental development front.”
Activity in the second quarter was impacted by an increased share of leases in the core, boosted by a large volume of rental absorptions in newly registered projects. The 1,807 units leased within new projects represented a 28-per-cent rental turnover, averaging $2.62 per sq. ft. at a 90-per-cent leases-to-listings ratio.
What’s down, however, is the size of the average condo rental - now at an all-time low of 734 sq. ft.
Meanwhile, in examining the GTA’s purpose-built rental market, Urbanation found average rents of $2.34 per sq. ft. – lower than the condo rental market – with higher average unit sizes of 822 sq. ft.
By Lydia McNutt
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47
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48 NEW CONDO GUIDE AUGUST 1 - 29, 2015 AUGUST 1 - 29, 2015 NEW CONDO GUIDE 49
Q&A
By Lydia McNutt
YP NextHome: Tell us about Freed’s investment in – and transformation of – Toronto’s King West, which is today considered one of the most desired neighbourhoods to live, work and play?
Peter Freed: I used to visit the King West neighbourhood a lot in the ’90s. It was down and out, but I had always appreciated the older buildings and the proximity of the neighbourhood to the lake, the city’s fi nancial core, and
the liveliness of Queen Street. Armed with an instinct that told me the area had great potential, we acquired our fi rst property in 2002. Originally intending to test the waters with just one project, what we were doing felt great. We could see the potential ahead, and so we decided to proceed with another site; but at the time, even I couldn’t have expected the dramatic transformation that King West would undergo.
Over the last decade and a bit, we’ve fi nished close to $1 billion in development, including 12 projects and approximately 3,000 new condominium units. At street level, we’ve built 150,000 sq. ft. of commercial and retail space, which has been an integral component to changing the face of the neighbourhood, with the introduction of the Thompson Diner, the rooftop pool bar at the Hotel, Wilbur, The Keg and Brioche Doree, to name a few.
YPNH: With the stunning success of King West’s transformation largely to your credit, what’s your vision for the future of Yonge and Eglinton?
PF: Unlike King West, Yonge and Eglinton is already an established neighbourhood and it will only continue to evolve into a more intense and vibrant cross-section community. Within the next 12 to 15 years, the neighbourhood will probably see about 30,000 people move in, and along with that, the calibre of retail and commercial off erings will grow and improve. The area is going to become a main transit hub in our city with the Yonge subway line and the completion of the Eglinton Crosstown LRT. Ultimately, this neighbourhood will have a much diff erent feel than King West, but it will be a thriving live-work-play destination that caters to an increasingly fast-paced lifestyle, with the conveniences of downtown, that people will be eager to live in.
YPNH: How has the Yonge and Eglinton neighbourhood/lifestyle (or should I say, your vision for it) infl uenced your project at 150 Redpath?
PF: We took a strategic approach to the design of 150 Redpath and really paid attention to the
Twenty years ago, nobody wanted to live in King West. Today it’s the
hottest ticket in town. YP NextHome chats with Peter Freed, the man behind Freed Developments who’s also gained notoriety as “the King of King West,” about his development and transformation of the neighbourhood, and what the future holds for Toronto’s next hot spot – Yonge and Eglinton. an integral component to changing the face of
the neighbourhood, with the introduction of the Thompson Diner, the rooftop pool bar at the Hotel, Wilbur, The Keg and Brioche Doree, to name a few.
YPNH: transformation largely to your credit, what’s your vision for the future of Yonge and Eglinton?
PF:an established neighbourhood and it will only continue to evolve into a more intense and vibrant cross-section community. Within the next 12 to 15 years, the neighbourhood will probably see about 30,000 people move in, and along with that, the calibre of retail and commercial off erings will grow and
Eglinton.
The King of King West moves in to Yonge & Eg
048-049 Q&A-Peter Freed_VB_L.indd 16 7/28/15 10:54 AM
neighbourhood, the lifestyle of the people who live there, and how condo buyers actually live their lives. We designed 150 Redpath to exemplify the ‘always on’ lifestyle of this vibrant neighbourhood that’s bustling 24 hours a day, seven days a week with people living, working and entertaining in the area. The 24-hour diner is a symbol of the ‘always on’ lifestyle that will emerge. We want 150 Redpath to be a central hub of activity, and the design of the diner will be a really fun part of that. YPNH: How long have you been a developer, and what is the one thing you’ve learned from your experience? PF: I have been in the development industry for nearly 25 years. I started as a labourer, worked on construction sites, then learned the development side, so it has really been a ground-up experience. I’ve learned a lot of things in my career, however above all, I have learned that this business is constantly changing. There is always something new to learn, a new direction to go in. There is an enormous amount of opportunity and potential, and having the courage to chase a vision can go a long way. YPNH: What does the future hold for Freed Developments? PF: Right now we are currently planning for a number of creative mixed-use projects along strategic avenues in the downtown core. I can’t say much more than that right now, but it’s very exciting and there’s definitely lots to come.
“There is always something new to learn, a new direction to go in. There is an enormous amount of opportunity and potential, and having the courage to chase a vision can go a long way.”
150 Redpath, by Freed Developments
048-049 Q&A-Peter Freed_VB_L.indd 17 7/28/15 10:54 AMTCG 08-01-15 master.indd 48 2015-07-28 3:35 PM
48 NEW CONDO GUIDE AUGUST 1 - 29, 2015 AUGUST 1 - 29, 2015 NEW CONDO GUIDE 49
Q&A
By Lydia McNutt
YP NextHome: Tell us about Freed’s investment in – and transformation of – Toronto’s King West, which is today considered one of the most desired neighbourhoods to live, work and play?
Peter Freed: I used to visit the King West neighbourhood a lot in the ’90s. It was down and out, but I had always appreciated the older buildings and the proximity of the neighbourhood to the lake, the city’s fi nancial core, and
the liveliness of Queen Street. Armed with an instinct that told me the area had great potential, we acquired our fi rst property in 2002. Originally intending to test the waters with just one project, what we were doing felt great. We could see the potential ahead, and so we decided to proceed with another site; but at the time, even I couldn’t have expected the dramatic transformation that King West would undergo.
Over the last decade and a bit, we’ve fi nished close to $1 billion in development, including 12 projects and approximately 3,000 new condominium units. At street level, we’ve built 150,000 sq. ft. of commercial and retail space, which has been an integral component to changing the face of the neighbourhood, with the introduction of the Thompson Diner, the rooftop pool bar at the Hotel, Wilbur, The Keg and Brioche Doree, to name a few.
YPNH: With the stunning success of King West’s transformation largely to your credit, what’s your vision for the future of Yonge and Eglinton?
PF: Unlike King West, Yonge and Eglinton is already an established neighbourhood and it will only continue to evolve into a more intense and vibrant cross-section community. Within the next 12 to 15 years, the neighbourhood will probably see about 30,000 people move in, and along with that, the calibre of retail and commercial off erings will grow and improve. The area is going to become a main transit hub in our city with the Yonge subway line and the completion of the Eglinton Crosstown LRT. Ultimately, this neighbourhood will have a much diff erent feel than King West, but it will be a thriving live-work-play destination that caters to an increasingly fast-paced lifestyle, with the conveniences of downtown, that people will be eager to live in.
YPNH: How has the Yonge and Eglinton neighbourhood/lifestyle (or should I say, your vision for it) infl uenced your project at 150 Redpath?
PF: We took a strategic approach to the design of 150 Redpath and really paid attention to the
Twenty years ago, nobody wanted to live in King West. Today it’s the
hottest ticket in town. YP NextHome chats with Peter Freed, the man behind Freed Developments who’s also gained notoriety as “the King of King West,” about his development and transformation of the neighbourhood, and what the future holds for Toronto’s next hot spot – Yonge and Eglinton. an integral component to changing the face of
the neighbourhood, with the introduction of the Thompson Diner, the rooftop pool bar at the Hotel, Wilbur, The Keg and Brioche Doree, to name a few.
YPNH: transformation largely to your credit, what’s your vision for the future of Yonge and Eglinton?
PF:an established neighbourhood and it will only continue to evolve into a more intense and vibrant cross-section community. Within the next 12 to 15 years, the neighbourhood will probably see about 30,000 people move in, and along with that, the calibre of retail and commercial off erings will grow and
Eglinton.
The King of King West moves in to Yonge & Eg
048-049 Q&A-Peter Freed_VB_L.indd 16 7/28/15 10:54 AM
neighbourhood, the lifestyle of the people who live there, and how condo buyers actually live their lives. We designed 150 Redpath to exemplify the ‘always on’ lifestyle of this vibrant neighbourhood that’s bustling 24 hours a day, seven days a week with people living, working and entertaining in the area. The 24-hour diner is a symbol of the ‘always on’ lifestyle that will emerge. We want 150 Redpath to be a central hub of activity, and the design of the diner will be a really fun part of that. YPNH: How long have you been a developer, and what is the one thing you’ve learned from your experience? PF: I have been in the development industry for nearly 25 years. I started as a labourer, worked on construction sites, then learned the development side, so it has really been a ground-up experience. I’ve learned a lot of things in my career, however above all, I have learned that this business is constantly changing. There is always something new to learn, a new direction to go in. There is an enormous amount of opportunity and potential, and having the courage to chase a vision can go a long way. YPNH: What does the future hold for Freed Developments? PF: Right now we are currently planning for a number of creative mixed-use projects along strategic avenues in the downtown core. I can’t say much more than that right now, but it’s very exciting and there’s definitely lots to come.
“There is always something new to learn, a new direction to go in. There is an enormous amount of opportunity and potential, and having the courage to chase a vision can go a long way.”
150 Redpath, by Freed Developments
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50 NEW CONDO GUIDE AUGUST 1 - 29, 2015 AUGUST 1 - 29, 2015 NEW CONDO GUIDE 5150
By Alyssa Richard
MORTGAGE ADVICE
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.
What will Bank of Canada’s interest rate cut mean for the economy, housing and you?
On July 15, the Bank of Canada (BoC) announced it would cut the target for the overnight lending rate from 0.75 per cent to 0.50 per cent. This was just the second such rate cut since 2010, with
the BoC most recently cutting rates from one per cent to 0.75 per cent margin in January.
January’s rate cut came as a surprise, but this latest move had been anticipated in the weeks leading up to the announcement. Lower oil prices have led the Canadian economy into a slump, prompting debates over whether we are in a recession. That argument has mostly come down to the definition of the word – a recession is technically defined as two consecutive quarters of negative GDP growth. The BoC was careful not to use the “R” word in its announcement, but acknowledged the economy is under-performing and an interest rate cut was necessary to “help return the economy to full capacity and inflation sustainably to target.”
The rate cut has mixed effects, however. BoC Governor Stephen Poloz recently compared January’s rate cut to “life-saving surgery,” noting that the positive benefits outweighed any side effects such as increased levels of consumer debt. Since mortgage rates are closely tied to the BoC’s overnight rate, the housing market will also be affected. In Toronto and Vancouver where prices have been skyrocketing, a rate cut may only make the situation worse, putting ownership further out of reach for first-time homebuyers.
Prior to the announcement, it was unclear what a rate cut would mean for an already overstimulated housing market. But in the hours following the announcement, it became clear that homebuyers were eager to take advantage of lower mortgage rates. Traffic to ratehub.ca surged 300 per cent as Canadians searched for better mortgage deals in the hours following the announcement. Mortgage brokerage Butler Mortgage lowered its five-year variable mortgage rate by 0.10 per cent almost immediately, to 1.88 from 1.99 per cent. The drop translates to $1,320 savings in mortgage payments over a five-year term.
TD was the first of the major banks to lower their prime rate, cutting it by 0.10 per cent. Within a day, many banks had lowered their prime rate by to 2.70 per cent.
Some remain unconvinced the cut will do enough for the average Canadian to save any money, or to stimulate the economy. Others worry the impact on the Toronto and Vancouver housing markets would increase disparity between those hot markets and the rest of the country, where real estate has been relatively stable.
So what does BoC’s latest announcement mean for you? If you have a variable rate mortgage, you can expect to save a few dollars a month when your interest rate drops. Interest rates on other variable-rate loans (such as lines of credit) are also likely to drop, freeing up some cash. If you’re shopping
for a house, your overall affordability will likely increase due to lower mortgage rates, but you may find that higher house prices quickly negate any advantage you might have had.
We’ll have the summer to find out what effect the cut has on the housing market and the economy as a whole. The next rate announcement is Sept. 9.
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EXTREMEARCHITECTURE.CAGET READY
FOR MORE INFO, CALL416.862.0505
AFTER PAN-AM GAMES IN SEPTEMBERCONSTRUCTION STARTS
KING ST E
QUEEN ST E
X
RIV
ER S
T
N
Rendering is an artist’s impression. Specifications are subject to change without notice. E.&O.E.
STARTING FROMTHE LOW $200’STO $1.4 MILLION
PRESENTATION CENTREKING ST EAST+LOWER RIVERMON-THURS 12-6 PMSAT & SUN 12-5 PM
T
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54 NEW CONDO GUIDE AUGUST 1 - 29, 2015 AUGUST 1 - 29, 2015 NEW CONDO GUIDE 55
IN THE NEWS
Pemberton Group celebrates ground-breaking at Downtown Erin Mills
On Sun. July 19, Pemberton Group hosted the official
ground-breaking celebration and Meet Your Neighbours event for Downtown Erin Mills suite owners, their families and friends. The official ceremonies took place outside under a tent placed adjacent to the sales centre. Pemberton Group president Marc Muzzo welcomed guests and thanked purchasers for making this master-planned community such a resounding success, and for the trust they have placed in the company by choosing to own a Pemberton-built suite.
A highlight of the event was the double release of colourful stadium-style streamers augmented by percussion mortar volleys. Downtown Erin Mills sales representative Ania Pienio invited guests to count down to signal ceremony participants to depress the
old-fashioned dynamite-style detonators. Joining Mr. Muzzo in executing the releases were Michael Loconte Sr. of Saddlebrook Management (project managers for Downtown Erin Mills), and Pemberton’s Alexandra Muzzo.
Pemberton Group’s stylish master-planned condominium community is situated at Eglinton Avenue West and Glen Erin Drive, just steps to Erin Mills Town Centre. The first 18-storey building is comprised of 197 open-concept layouts. Suites feature Pemberton’s renowned high-quality features and finishes including laminate flooring throughout and nine-ft. ceiling heights in the principal rooms. Each suite comes with a stacked washer and dryer, and a patio or balcony with an electric outlet ideal for a barbecue. All residents will benefit from the on-site two-storey 17,000-sq.-ft. recreation centre.
Available in Phase 1 are one-bedroom, one-bedroom-plus-den, two-bedroom and three-bedroom open-concept layouts ranging in sizes from 655 to 1,390 sq. ft., priced from $289,500 (including current special incentive) to the $640,000s. Watch for Tower 2 at Downtown Erin Mills, coming soon.
Pemberton Group develops and builds fine condominium communities in many of the GTA’s most sought-after neighbourhoods. For more information on Downtown Erin Mills visit PembertonGroup.com or call 905.603.6300.
Guests were able to point to their own suite on the scale model
Suite owners, their families and friends gathered to watch the official ceremonies
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LIVE AT STUDIOBE DOWNTOWN
SUITES FROM THE$300’S
Brokers Protected, Limited Time offer. See Sales Rep for full details. Prices, Specifi cations 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 to12 monthly common expense fees relating to the unit and any parking or storage applicable. Deposit 5% down and 5% due on occupancy. studiocondos.ca • 647.352.7736
Richmond St.
PRESENTATION CENTRE
Adelaide St.
Nelson St.
Dun
can
St.
Spa
dina
St.
Sim
coe
St.
Uni
vers
ity A
ve.
PRESENTATION CENTRE
Presentation Centre: 25 Nelson Street, TorontoMon. – Thurs.: 12pm – 6pm, Fridays: Closed
Sat., Sun. & Holidays: 12pm – 6pm
UNDER CONSTRUCTIONEARLY 2015 CLOSINGS5%
DOWNPLUS
ONE YEAR FREE MAINTENANCE FEES
OFFER VALID ON ALL REMAINING SUITES.
UNDER CONSTRUCTIONSUMMER 2015
CLOSINGS
ARC 26047 STUDIO CG FPG Mar 2015.indd 1 15-03-06 11:56 AM055-Aspen-Studio 03-14-15.indd 55 2015-07-27 7:53 PM
are you game?
Healthy, Active, Downtown Condo Living Canary Park Condominiums is in the heart of Canary District in Toronto’s downtown East, a vibrant new community of shops, cafes, restaurants, a YMCA, the brand new George Brown student residence, the Front Street Promenade, and 18-acre Corktown Common Park.
Condos from the mid $200’s
canarydistrict.com416.603.7576
9 MILL ST.SALES CENTRE HOURS:
Mon - Thurs 12PM-6PM I Fri - Sun 12PM-5PM
Exclusive Listing: Baker Real Estate Incorporated, Brokerage. Brokers Protected. Prices and specifi cations are subject to change without notice. E. & O.E.
CH
ERRY ST.
KING ST.
EASTERN AVE.
FRONT ST.
SALES
CENTRE MILL ST.
GARDINER EXPY
EASTERN
TRINITY ST.
PARLIA
MEN
T ST.
DISTILLERY
DISTRICT
SITELOCATION
@canarydistrict /thecanarydistrict @canarydistrict
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An intimate, new building at 223 St. Clair West in Forest Hill. Unique terraced design. Transit that keeps you connected. Modern amenities to keep you entertained.
ZIGGCONDO.CA • 416.545.0223SALES OFFICE @ 90 EGLINTON AVENUE EAST
FOREST HILL LIVING FROM THE LOW $300’s
Last chance at pre-construction pricing
CONSTRUCTION STARTS THIS FALL
Get Social with us: Marketed by International Home Marketing Group. Prices and specifi cations are subject to change without notice. Renderings are artist’s concept only. E. & O.E. Brokers protected.
CHECK OUT OUR VIRTUAL TOUR ONLINE
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Prices and specifications subject to change without notice. Exclusive Listing: Baker Real Estate Incorporated, Brokerage. Brokers Protected. E. & O.E.
ARRIVING SOONOn Downtown Burlington’s Waterfront
Inspired by Water.Imagined by Adi.
Presenting a rare opportunity to own at a most coveted downtown
Burlington address. Design-infused waterfront condominium residences
coupled with indulgent amenities from the mid $300,000s.REGISTER NOWAdiDevelopments.com
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t h e h a r low e . c o m 4 1 6 . 3 6 3 . 1 7 7 1
a r t i s t i c l o f t s a t q u e e n a n d b a t h u r s t
SALES CENTRE + MODEL SUITE
618 RICHMOND ST. W. (AT BATHURST)
Monday-Wednesday 12-6pm
Thursday 3-8pm
Saturday+Sunday 12-5pm
DEVELOPED BY
*Based on a promotional discount of the current purchase price of the suite. Renderings are an artist’s impression. All prices, sizes and specifications are subject to change without notice. E.&O.E.
EXCLUSIVE BROKER
CONSTR UCT ION STARTS TH IS A UGUST
QUEEN ST. W.
BATH
URST
ST.
RICHMOND ST. W.
U PTO$50,000 OFF
PRICES*
AUGUST 1 - 29, 2015 NEW CONDO GUIDE 59
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first.
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Be first in line.Register Now.MadisonHomes.ca
Coming Soon.
Bold. Brilliant. Briar Hill at Dufferin.Starting from the mid $300’s
An enclave of bungalow and 2-storey city towns in a well-established,
family-friendly community. Stroll along tree-lined walkways to the
parkette next door and enjoy the many convenient amenities this
mid-town neighbourhood has to offer.
Rendering is artist’s concept. Prices and specifications are subject to change without notice. E. & O. E.
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first.
MADI-BRI-A-AD-NHC-JUNE3-2.indd 1 6/5/15 9:34 AM
Be first in line.Register Now.MadisonHomes.ca
Coming Soon.
Bold. Brilliant. Briar Hill at Dufferin.Starting from the mid $300’s
An enclave of bungalow and 2-storey city towns in a well-established,
family-friendly community. Stroll along tree-lined walkways to the
parkette next door and enjoy the many convenient amenities this
mid-town neighbourhood has to offer.
Rendering is artist’s concept. Prices and specifications are subject to change without notice. E. & O. E.
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CONDO PROFILE
URBAN LIVING AT BRIAR HILL CITY TOWNS
Set along Briar Hill Avenue where it meets Dufferin Street, nestled behind the city park, Madison Homes’ newest collection of urban towns will bring
a bold and fresh vibe to this established, family-friendly, midtown neighbourhood. Amidst tree-lined walkways and landscaped courtyards, the contemporary aesthetic of the six, four-storey buildings with modern accents and sophisticated brick and stucco exteriors will surely captivate and win the hearts of many. With attractive pricing, underground parking, and a versatile party room with adjacent outdoor patio areas, it is no wonder that
anticipation for Briar Hill City Towns is growing strong. This unique enclave of urban towns will offer a variety
of great floor plans with functional layouts to suit a range of lifestyle choices. The interior courtyard one-storey plan, akin to a bungalow layout, provides a continuous flow-through from living, kitchen and dining areas to the bedrooms and den, and features direct access to a private outdoor patio. The two-storey townhome offers dynamic living spaces with kitchen, dining and living areas on the main level, bedrooms and bathrooms located on the second level and walk-up to a fabulous
062-063 CP Madison-Briar Hill_MC_L.indd 18 7/28/15 10:55 AM
One- or two-storey stacked townhomes comes in two-bedroom or two-bedroom-plus-den units,
ranging in size from 710 to 1,495 sq. ft. Prices start from the mid-$300’s. Register for priority
updates at MadisonHomes.ca
rooftop terrace. Enjoy outdoor living on the rooftop with unobstructed views of the surrounding neighbourhood – the perfect backdrop while dining alfresco, entertaining guests or relaxing in solitude. Whatever you choose, form and function come together in every model offered at Madison’s Briar Hill City Towns.
The suites at Briar Hill City Towns were carefully designed down to the last detail. Kitchens will be styled with sleek cabinets and stainless steel appliances, and bathrooms will have a modern spa-like look. All suites offer nine-ft. ceilings throughout and designer-selected laminate flooring on main levels. With the assistance of design consultants at Madison Homes, you can choose from four contemporary colour palettes and finishes to reflect your own personal style.
Whatever your family needs, all can be found just moments away from your new Briar Hill City Town. Minutes north on Dufferin Street is Yorkdale Mall, one of Canada’s premier shopping destinations with an impressive roster of international and fashion-forward shops. Costco, Home Depot and Walmart, supermarkets and restaurants are within easy reach. There are a plethora of schools, parks and community centres in close proximity to Briar Hill City Towns. The area is well served by many transit options including TTC service
along Dufferin Street, the evolving Eglinton Crosstown LRT and access to the Yonge-University, Spadina subway. By car, you can reach the Allen Road Expressway to take you to Hwy. 401 and other 400-series highways.
Madison Homes is excited to bring this contemporary and innovative project to life. For decades, Madison Homes has been setting the standard for value, design and customer satisfaction with award-winning residential lowrise and highrise projects across the Greater Toronto Area. Madison Homes has extensive experience in creating master-planned communities in Markham’s Cornell Rouge and Greensborough, and enduring residential communities in Thornhill, Vaughan and Unionville. Built on a foundation of integrity, Madison Homes focuses on creating quality homes in highly desirable areas. No doubt, Briar Hill City Towns will be a residential community designed for urban living at its best.
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62 NEW CONDO GUIDE AUGUST 1 - 29, 2015 AUGUST 1 - 29, 2015 NEW CONDO GUIDE 63
CONDO PROFILE
URBAN LIVING AT BRIAR HILL CITY TOWNS
Set along Briar Hill Avenue where it meets Dufferin Street, nestled behind the city park, Madison Homes’ newest collection of urban towns will bring
a bold and fresh vibe to this established, family-friendly, midtown neighbourhood. Amidst tree-lined walkways and landscaped courtyards, the contemporary aesthetic of the six, four-storey buildings with modern accents and sophisticated brick and stucco exteriors will surely captivate and win the hearts of many. With attractive pricing, underground parking, and a versatile party room with adjacent outdoor patio areas, it is no wonder that
anticipation for Briar Hill City Towns is growing strong. This unique enclave of urban towns will offer a variety
of great floor plans with functional layouts to suit a range of lifestyle choices. The interior courtyard one-storey plan, akin to a bungalow layout, provides a continuous flow-through from living, kitchen and dining areas to the bedrooms and den, and features direct access to a private outdoor patio. The two-storey townhome offers dynamic living spaces with kitchen, dining and living areas on the main level, bedrooms and bathrooms located on the second level and walk-up to a fabulous
062-063 CP Madison-Briar Hill_MC_L.indd 18 7/28/15 10:55 AM
One- or two-storey stacked townhomes comes in two-bedroom or two-bedroom-plus-den units,
ranging in size from 710 to 1,495 sq. ft. Prices start from the mid-$300’s. Register for priority
updates at MadisonHomes.ca
rooftop terrace. Enjoy outdoor living on the rooftop with unobstructed views of the surrounding neighbourhood – the perfect backdrop while dining alfresco, entertaining guests or relaxing in solitude. Whatever you choose, form and function come together in every model offered at Madison’s Briar Hill City Towns.
The suites at Briar Hill City Towns were carefully designed down to the last detail. Kitchens will be styled with sleek cabinets and stainless steel appliances, and bathrooms will have a modern spa-like look. All suites offer nine-ft. ceilings throughout and designer-selected laminate flooring on main levels. With the assistance of design consultants at Madison Homes, you can choose from four contemporary colour palettes and finishes to reflect your own personal style.
Whatever your family needs, all can be found just moments away from your new Briar Hill City Town. Minutes north on Dufferin Street is Yorkdale Mall, one of Canada’s premier shopping destinations with an impressive roster of international and fashion-forward shops. Costco, Home Depot and Walmart, supermarkets and restaurants are within easy reach. There are a plethora of schools, parks and community centres in close proximity to Briar Hill City Towns. The area is well served by many transit options including TTC service
along Dufferin Street, the evolving Eglinton Crosstown LRT and access to the Yonge-University, Spadina subway. By car, you can reach the Allen Road Expressway to take you to Hwy. 401 and other 400-series highways.
Madison Homes is excited to bring this contemporary and innovative project to life. For decades, Madison Homes has been setting the standard for value, design and customer satisfaction with award-winning residential lowrise and highrise projects across the Greater Toronto Area. Madison Homes has extensive experience in creating master-planned communities in Markham’s Cornell Rouge and Greensborough, and enduring residential communities in Thornhill, Vaughan and Unionville. Built on a foundation of integrity, Madison Homes focuses on creating quality homes in highly desirable areas. No doubt, Briar Hill City Towns will be a residential community designed for urban living at its best.
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64 NEW CONDO GUIDE AUGUST 1 - 29, 2015 AUGUST 1 - 29, 2015 NEW CONDO GUIDE 65
IN THE NEWS
Ontario rules top 10 Canadian cities for investing
If you’re like many Canadians, you may be thinking of investing in real estate. It’s been a top performing
asset class for a number of years now, and a proven place to make your money work for you. We’ve put together a list of 10 top Canadian cities for investing in real estate, and one thing is clear – Ontario rules.
First, let’s be clear about what type of real estate investment we’re talking about – a technique known as “buy, hold and rent.”
This method involves buying a property, holding onto it and renting it out over a period of five to seven years.
You benefit in three ways:» Positive cash flow, meaning
investors rent it out for an amount that exceeds expenses (mortgage, taxes and other costs)
» Tenants pay down your mortgage» The property value, hopefully,
appreciates over time
There are other investment strategies, including:Fix and flip – popular as a TV show, but rife with risk in real lifeBuy, reno and hold – similar to buy, hold and rent, but involves renovating the property to command a higher rental ratePre-construction condos – you buy a condo before it’s built, and either sell your “assignment” before it’s completed, or rent the unit to a tenant
Buy, hold and rent, many experts agree, is well suited to first-time investors.
Among of the key things to learn about, as an investor-landlord, are vacancy rates. Canada Mortgage and Housing Corp. (CMHC) summarizes these, along with average rents, in twice-annual rental market reports.
Top 10 Canadian cities Location % Vacancy Rate
April ‘15% Vacancy Rate
April ‘14 Average Rent Average Rent % Increase April ‘14/‘15
Guelph 0.6 1.7 $994 2.9
Victoria 1.2 2.7 $1,105 2.1
Vancouver 1.4 1.8 $1,345 3.4
Barrie 1.7 2.1 $1,122 3.3
Oshawa 1.7 1.6 $1,049 2.1
Brantford 1.8 4.4 $846 2.8
Hamilton 1.8 3.9 $998 3.5
Toronto 1.8 1.9 $1,269 1.8
Kelowna 1.9 1.5 $998 3.4
Kingston 2.8 3.4 $1,066 2.0
A vacancy rate between two and three per cent is considered a balanced market, so anything below that is ideal. An increasing rate means rental supply is growing, and renters have more units from which to choose. Declining vacancy rates mean supply is tightening and your property may be in higher demand.
As an investor, you’re looking to select areas where:» The vacancy rate is low and ideally tightening further» The economic fundamentals are strong» The area is desirable for renters and the building type is suitable for the local
tenant profile» Tenants in the area will pay what you have to charge for rent
The key things to look for are a solid and a growing local economy, stable employment conditions and minimal new apartment construction. These combine to produce a tight rental environment, which is what you want.
You may think only large Canadian markets offer opportunities to buy investment property. But as you can see from the list below, that’s not necessarily the case. You’ll also notice that towns or cities in Ontario dominate the top 10 for Canada.
Indeed, the Ontario economy is to pick up steam in the coming quarters, according to The Conference Board of Canada’s Provincial Outlook: Spring 2015. Overall, real gross domestic product (GDP) is forecast to expand by 2.6 per cent in 2015 and 2.3 per cent in 2016.
Here are 10 Canadian real estate markets to consider investing in, based on the latest Rental Market Reports from CMHC, for two-bedroom units:
By Wayne Karl
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ENJOY YOURONE-DER YEARSStill in pre-construction, One is the fi rst, landmark residential tower of The Kip District community and your opportunity to make the investment of a lifetime. This new community is the perfect place to host gatherings and make new friends! Hang out at The Kip Club, a members only, truly awesome amenity centre. Invite friends over to One’s rooftop party room for some fun. Or just chill in your stylish new condo, taking in the sweet view.
PRE-CONSTRUCTION PRICES START AT JUST $232,900
Visit the Sales Centre Today! 5143 Dundas St. WestTheKipDistrict.com | [email protected]
Rendering is artist’s concept. Prices, availability, design and specifi cations subject to change without notice. E.&O.E. August 2015.
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CONDO PROFILE
THE KIP DISTRICT Get a head start on home ownership with
the Kip District’s summer promotion
First-time homebuyers face many hurdles in reaching the goal of purchasing a home.
Concert recognizes this and is giving first-time homebuyers a jump start at The Kip District with the Head Start Program.
“After speaking one-on-one with many first-time homebuyers, we understand the challenges they face,” says Catherine Diraison, vice-president of sales at Concert. “Concert listened and has introduced the Head Start Program, which is a limited-time summer promotion.”
The Head Start Program gives
purchasers a boost when buying at the master-planned community of 1,500 homes plus shops and services within five sleek towers just west of Kipling Avenue and Dundas Street West. Purchasers will receive two years of free common expenses plus a two-year Metropass.
“Both are very attractive,” says Diraison. “Purchasers can use the enviable amenities at no extra cost, plus get two years of free public transit with the Kipling subway station a five-minute walk away. They could use these savings to buy new furniture to enhance the already hip, urban interiors of their home; it’s really up to them.”
Situated near the western edge of the Etobicoke City Centre, The Kip District is Concert’s largest multi-phased residential development in Toronto and is bringing a chic, downtown aesthetic to the vibrant and rapidly evolving neighbourhood. With a transformative community revitalization underway, the area will become a residential, commercial and transportation hub that is pedestrian- and community-oriented with a distinctly downtown vibe.
The hyper-connected community is a five-minute walk to Kipling station,
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For more information, visit The Kip District sales centre and display suite at 5143 Dundas St. W. or online at thekipdistrict.com
which offers easy access to both the TTC Bloor subway line and GO Transit. Metrolinx’ plans to establish Kipling as the area’s main Mobility Hub will see an expanded inter-regional bus terminal incorporating Mississauga bus transit (MiWay).
Ongoing redevelopment of the nearby Six Points Interchange will result in a mixed-use, pedestrian-friendly street network with protected bike lanes, tree-lined public boulevards and patio space. A little closer to home, a 10,000-sq.-ft. parkette, an expansive central square and landscaped pathways with lush greenery will connect all five of The Kip Districts’ towers.
As the first building within this master-planned community, The Kip District: One will feature enviable amenities, modern architecture and hip interiors. Built to Leadership in Energy and Environmental Design (LEED) Gold and Tier 2 – City of Toronto Green Standards, the suites aren’t short on style featuring Euro-style stainless steel appliances, quartz and marble countertops, generous mirrored closets and eight-ft. six-in. ceilings throughout principal living areas.
Amenities within The Kip District: One include a theatre, pet spa, outdoor terrace with barbecues and a rooftop party room with dining room, wet bar, fireplace, billiards and soaring views of the city. The Kip Club – a planned central amenity building – will include a gym and swimming pool among other amenities.
Now available for purchase, The Kip District: One rises 28 storeys and features one-bedroom, one-bedroom-plus-den and two-bedroom suites from approximately 500 to 1,000 sq. ft. Prices start at under $239,000 for a large selection of one-bedroom homes, one-bedroom-plus-den homes are under $299,000 and two-bedroom homes start from the low $300,000s.
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CONDO PROFILE
THE KIP DISTRICT Get a head start on home ownership with
the Kip District’s summer promotion
First-time homebuyers face many hurdles in reaching the goal of purchasing a home.
Concert recognizes this and is giving first-time homebuyers a jump start at The Kip District with the Head Start Program.
“After speaking one-on-one with many first-time homebuyers, we understand the challenges they face,” says Catherine Diraison, vice-president of sales at Concert. “Concert listened and has introduced the Head Start Program, which is a limited-time summer promotion.”
The Head Start Program gives
purchasers a boost when buying at the master-planned community of 1,500 homes plus shops and services within five sleek towers just west of Kipling Avenue and Dundas Street West. Purchasers will receive two years of free common expenses plus a two-year Metropass.
“Both are very attractive,” says Diraison. “Purchasers can use the enviable amenities at no extra cost, plus get two years of free public transit with the Kipling subway station a five-minute walk away. They could use these savings to buy new furniture to enhance the already hip, urban interiors of their home; it’s really up to them.”
Situated near the western edge of the Etobicoke City Centre, The Kip District is Concert’s largest multi-phased residential development in Toronto and is bringing a chic, downtown aesthetic to the vibrant and rapidly evolving neighbourhood. With a transformative community revitalization underway, the area will become a residential, commercial and transportation hub that is pedestrian- and community-oriented with a distinctly downtown vibe.
The hyper-connected community is a five-minute walk to Kipling station,
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For more information, visit The Kip District sales centre and display suite at 5143 Dundas St. W. or online at thekipdistrict.com
which offers easy access to both the TTC Bloor subway line and GO Transit. Metrolinx’ plans to establish Kipling as the area’s main Mobility Hub will see an expanded inter-regional bus terminal incorporating Mississauga bus transit (MiWay).
Ongoing redevelopment of the nearby Six Points Interchange will result in a mixed-use, pedestrian-friendly street network with protected bike lanes, tree-lined public boulevards and patio space. A little closer to home, a 10,000-sq.-ft. parkette, an expansive central square and landscaped pathways with lush greenery will connect all five of The Kip Districts’ towers.
As the first building within this master-planned community, The Kip District: One will feature enviable amenities, modern architecture and hip interiors. Built to Leadership in Energy and Environmental Design (LEED) Gold and Tier 2 – City of Toronto Green Standards, the suites aren’t short on style featuring Euro-style stainless steel appliances, quartz and marble countertops, generous mirrored closets and eight-ft. six-in. ceilings throughout principal living areas.
Amenities within The Kip District: One include a theatre, pet spa, outdoor terrace with barbecues and a rooftop party room with dining room, wet bar, fireplace, billiards and soaring views of the city. The Kip Club – a planned central amenity building – will include a gym and swimming pool among other amenities.
Now available for purchase, The Kip District: One rises 28 storeys and features one-bedroom, one-bedroom-plus-den and two-bedroom suites from approximately 500 to 1,000 sq. ft. Prices start at under $239,000 for a large selection of one-bedroom homes, one-bedroom-plus-den homes are under $299,000 and two-bedroom homes start from the low $300,000s.
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By Gail Vaz-Oxlade
MONEY MATTERS
Owning versus renting
Gail Vaz-Oxlade is the host of Til Debt Do Us Part, author of Debt Free Forever and blogs daily at gailvazoxlade.com. Follow Gail on Twitter at
twitter.com/GailVazOxlade
The housing market has gone wild with people panting for good investments opportunities. Slow down and consider all the angles before you dive into home ownership.
There’s something about moneyDid you see that? The issue has shifted from “shelter” to “profit.” That’s because people believe that a home is a good investment.
While money is a key consideration, it shouldn’t be the only consideration. If you’re going to make the move from renting to buying, look at the dollars and cents.
First there’s the straight calculation that compares the cost of carrying your own home (your principal and interest payments and property taxes) with the cost of renting one.
Renters aren’t responsible for maintenance. Homebuyers also need to consider closing costs which include legal fees, land transfer tax, and other miscellaneous expenses that you avoid by renting. First and last months’ rent is also a ways smaller than the typical down payment on a home.
Of course, when you own, no matter how small the principal portion of your mortgage is (and it’s miniscule in the early years), as long as the market is stable, and you’re not looking to make a quick sale, homeowners are building equity and increasing their net worth with every mortgage payment. And when you sell your principal residence one day, the money earned is tax-free.
It’s a wonderful lifeWhen I was in my 20s, I lived in a neighbourhood that was suited to a single girl hell bent on a good time. Back then, renting was the perfect solution: one of limited responsibilities and commitment. Renting is virtually a worry-free existence – assuming you have a decent landlord.
Home ownership is a responsibility that also brings a ton of warm, fuzzy feelings. It means you can put down roots. You have complete control of your environment so, yes, you can paint your living room red.
Location, locationBuying a home in a neighbourhood you don’t know well is one a common mistake. If you’re new in town, consider renting for six months or a year to get a feel for the area. If you like living there, you’ll feel more comfortable buying a home.
Steady as she goesYour employment prospects should be stable before you consider buying a home. Home ownership requires a number of regular payments – mortgage, property taxes, utilities, maintenance and insurance. Missing any of these payments can trigger dire consequences.
There are a number of financial factors to consider when it comes to the buying versus renting. But the decision involves much more than just running the numbers. You’ve also got to look at the emotional rewards and challenges of each alternative. I’ve been a renter and I’ve been an home owner, and overall I like ownership more.
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By Kara Kuryllowicz
CONDO SENSE
Condo living – family style!
What’s it gong to be? A family-sized condo with child-friendly amenities perched high above Toronto; or, a small, shabby $1-million-plus
semi in the urban core; or the traditional suburban detached with the backyard and white picket fence? It’s the dwelling debate facing Toronto families looking to make their next move
That was a no-brainer for Jeanhy Shim, president of independent housing research and consulting firm Housing Lab Toronto, who grew up in the suburbs but has been living in downtown condos for close to 20 years – even following the birth of her now six-year-old daughter. Why? Her husband walks to work, they don’t need two cars or that much space, and they have no interest in a “million-dollar fixer-upper” or the stress of a bidding war.
“There is a subtle shift in values, behaviours and lifestyles with consumers placing more value on their time than on the big backyard,” says Shim. Indeed, more and more families are now opting for larger downtown condos
and all the conveniences that come with them, than ever before. “When we first moved into the Quay West condos, we were the only ones with a baby – now there are families in 10 per cent of the 350 units here.”
According to Pauline Lierman, director of market research at Urbanation, the largest share of the condo market is still investor-driven, particularly in the downtown area. However, more recently, downtown projects like Garrison Point, The Eglinton, and River City 3 are being marketed to family buyers. As of Q1 2015, there were 405 condo sites in development in the GTA with 122 (roughly 30 per cent) of those projects offering three-bedroom or larger units, of which 59 per cent are in the former City of Toronto. Of those 405 condo projects, 325 (80 per cent) had two-bedroom-plus-den units, of which 40 per cent are in the former City of Toronto.
“Condos make sense for the younger generation
Continued on page 72
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that wants the upscale finishes without the commute, the grass-cutting or the snow-shovelling and is challenged by the profound lack of affordable, single-family inventory downtown,” says Jamie Johnston, owner, broker of record, Re/Max Condos Plus, Toronto. Increasingly, developers are offering larger suites with family-specific amenities such as indoor play rooms and outdoor playgrounds, because they’ve seen their properties’ demographics evolve as single condo dwellers find love and start families.
“In the 30 years that Menkes has been building and managing condo buildings, we’ve seen the demographics evolve with increased interest in family-friendly amenities,” says Mimi Ng, vice-president of sales and marketing, Residential at Menkes Developments Ltd., which is responsible for both The Eglinton with its two-bedroom units measuring 871 sq. ft., and Harbour Plaza Residences with three-bedroom units at 1,126 sq. ft. and penthouses up to 1,907 sq. ft.
The Eglinton’s “old-school” children’s playroom incorporates highly tactile elements to encourage children to play and develop fine motor skills. At the Harbour Plaza Residences, the outdoor terrace spaces will also include a children’s play area.
Kara Kuryllowicz is a Toronto-based freelance
business writer who has been writing and editing for a wide
range of corporate clients, industry associations and
magazines for more than 20 years. She has a long-term interest in real estate on a
business and personal level, as both a homeowner and a
landlord with investment properties. She loves living
in Toronto’s Riverdale neighbourhood as well as on an island in Pointe au Baril.
CONDO SENSE...continued
“When the amenities pull people out of their suites into the common areas, it encourages interaction and helps build a sense of community,” says Ng. “We were inspired by how vertical living in Hong Kong had been adapted for families with children.”
River City 3, where the large two- and three-bedroom units have been the most popular with buyers, is close to good schools, greenspace and parks, and will also have a 600-sq.-ft. children’s playroom, because developer Urban Capital has seen more young parents with kids calling its other buildings “home.”
“Young families in downtown condos is a more recent phenomenon,” says David Wex, partner, Urban Capital. But with the proliferation of condo living the world over, families are becoming a highrise fixture.
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By Sonia Bell
NEIGHBOURHOOD PROFILE
Walking Willowdale
Willowdale is an affluent community in North York that has gained momentum over the past decade. While the area surrounding Yonge and
Finch is largely characterized as “suburban,” it offers a true taste of urban living.
The vibe The neighbourhood can be divided as east and west, and the vibe varies depending on what side you’re on. Willowdale East is more urban with an abundance of restaurants, pubs and cafes. It’s also more densely populated than its western counterpart. Meet the neighbours Willowdale is home to more than 79,000 people, the majority of which fall within the 25 to 54 age bracket with a skew toward 44 to 54. The area has an extremely diverse population, with two-thirds of its residents being first-generation Canadians. The area also attracts families in search of highly regarded schools, such as Cardinal Carter and Earl Haig. In the area The diversity of the area is reflected in the many ethno-cultural restaurants lining Yonge Street. Empress Walk is a mixed-use building and a staple in North York. The first three floors comprise of retail space containing Loblaws, Staples and a Cineplex theatre. The North York Civic Centre features the Douglas Snow Aquatic Centre, the North York Central Library and Mel Lastman square.
Dollars and sense Demand for homes is high in Willowdale, which is reflected in the prices here. It’s common to come across custom-built houses listed in the $2-million to $3-million range. Builders or homebuyers will often purchase smaller homes on large lots, and tear them down to create new luxury homes.
Planes, trains and automobiles Willowdale gets a huge nod for its accessibility. Buses run frequently and will connect you to the Yonge-University-Spadina subway line as well as the Bloor-Danforth subway line. Viva and York Region Transit also serve Willowdale. The TTC subway station and GO Transit bus terminal are located on Yonge Street and Finch Avenue. If you’re planning on parking at the station, be prepared to add to your daily commuting costs – parking is $5 a day. The good, the bad and the rest Although everything you need is right at your fingertips, getting where you need to go can be a hassle if you’re traveling by car. While many people take public transit, traffic still accumulates along the main arteries of the neighbourhood, and the ongoing construction in the area contributes to the issue. Visit YPNextHome.ca for more photos and neighbourhood profiles.
Average household income: $89,578
Family structure: 37% families, 32% couples,
31% singles
Own or rent: 65% own versus 35% rent
Commute: 37% commute by car, 10% by public transit, 3% by foot, 1% by bike
On tap: Corona (21%), Heineken (18%) and Alexander Keith’s (18%)
FAST FACTS
Source: Environics
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FINANCES
Two-thirds of Canadians fear an interest rate hike
With the Bank of Canada’s recent move to lower its benchmark interest rate, higher lending rates and ballooning debt may be the furthest thing from many Canadians’ minds. But as they say,
what goes down must come up. Indeed, when rates do rise, the majority of Canadians fear they’ll feel the strain.
According to BMO’s Annual Debt Report released recently, almost two-thirds of Canadians carrying debt (64 per cent) would be stressed if interest rates rose two percentage points. One-quarter (25 per cent) would be “very stressed.”
Despite the distress, Canadians remain optimistic about the pace at which they can pay off their debt, and almost half plan to increase their debt in the coming year.
Survey says…⊲ $92,699 The average household debt in Canada⊲ 46% Canadians who feel some stress about their current debt load, down
from the past two years (54 per cent in 2014, and 57 per cent in 2013).⊲ 5 years The amount of time expected to pay off their debt⊲ 46% The number of debt-holders who plan to take on more debt this year
“The sizeable number of indebted households that would feel very strained by a relatively moderate increase in interest rates is concerning,” notes Sal Guatieri, senior economist, BMO Capital Markets. “This is a worrisome side effect of a prolonged period of low interest rates and needs to be closely monitored, especially if rates continue to fall.”
“Interest rates have been hovering around historic lows over the past few years, so many Canadians may have become more comfortable over time with managing their debt,” says Christine Canning, head of Everyday Banking, BMO Bank of Montreal. “That said, rates will inevitably rise to normal levels, so it’s becoming increasingly important that Canadians stress-test their ability to afford the debt they currently have so they can effectively manage their finances in a higher rate environment.”
Choose a shorter amortization. The shorter the borrowing period, the less you’ll pay.
Do your homework. Research to find the best rates on products such as mortgages and secured lines of credit to ensure you keep costs as low as possible.
Build a realistic budget. Developing a detailed budget that incorporates everyday expenses and debt repayment helps provide a clear picture of your financial standing. Building in funds for contingency spending can help you stick to a plan and avoid getting discouraged.
Manage credit card debt. Pay down credit cards, beginning with those that carry the highest interest rate, and consider using a low rate card for purchases. For those with multiple cards, try to limit yourself to one credit card that you pay off in full each month.
For more information visit bmo.com
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“I would be stressed if interest rates rose by 2
percentage points!”
Canning adds that managing debt is a simple concept but can be much more challenging in practice. Working with a financial planner to help assess your spending patterns and determine priorities, such as paying down debt and saving for other goals, can make the process easier.
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THE GUIDE TO BUYING AND MANAGING YOUR FIRST HOMEFALL ISSUE COMING SOON
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By Yanic Simard
DESIGNER ADVICE
By Yanic Simard
Moving in together IN STYLE!
Photo by Stacey Brandford
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Do we have to keep that? What is that? What do we have two of, and what do we need to buy? These are just some of the
questions that will come up. Reality sinks in once you move in together.
You have to share a space, and your space ultimately reflects your style. Weather it’s that childhood teddy bear collection, or that ugly thing that resembles a sofa, the issue that arises is how to blend two pasts, and still have a unified, well-decorated, tasteful place to call “home.”
Photo by Stacey Brandford
Opposites attract, so pairing your pieces together can work. Mix heavier and lighter pieces together, and combine opaque with transparent. When you start mixing and matching your styles, you will be surprised at how harmonious it can look.
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By Yanic Simard
DESIGNER ADVICE
By Yanic Simard
Moving in together IN STYLE!
Photo by Stacey Brandford
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Do we have to keep that? What is that? What do we have two of, and what do we need to buy? These are just some of the
questions that will come up. Reality sinks in once you move in together.
You have to share a space, and your space ultimately reflects your style. Weather it’s that childhood teddy bear collection, or that ugly thing that resembles a sofa, the issue that arises is how to blend two pasts, and still have a unified, well-decorated, tasteful place to call “home.”
Photo by Stacey Brandford
Opposites attract, so pairing your pieces together can work. Mix heavier and lighter pieces together, and combine opaque with transparent. When you start mixing and matching your styles, you will be surprised at how harmonious it can look.
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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
So, what’s the secret to success? You both need to be on board, and working toward a design goal that will make both of you happy at the end of the day. Hopefully you share at least some of the same taste!
Opposites attract: Pairing your pieces together can work. Mix heavier and lighter pieces together, and combine opaque with transparent. When you start mixing and matching your styles, you will be surprised at how harmonious it can look. Just make sure that you listen to each other – you need to understand each other’s needs and wants. It’s a good idea to spend a weekend and analyze what you both have to determine where you stand in terms furnishings for your home. Kiddie corner: Children will determine a lot of things, such as what you really need to invest in. Do you really need that 52-inch plasma television, or should you spend on something your hard-earned money else? Make a wish list that is prioritized, starting with what you really need and where your money needs to go first.
Old is new again: If you have a piece of furniture that you just can’t let go of, changing the look of it is the best way to hold onto it. Consider re-upholstery or painting it to match your new blended décor. Complement your existing furniture with newer pieces that link both styles. You can take one set of dining room chairs, match it with a dining room table from another set, and purchase a new light fixture that will join the two styles. By combining your pieces, you can create some of the most visually interesting and appealing rooms.
Merging your styles together will not happen overnight. Eventually the two styles will come together, creating what will hopefully be a balanced and harmonious space. Combining the styles will take thought. It just needs to be executed in the right way.
Photo by Brandon Barre
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OPEN HOUSE Saturday and Sunday 12-6 pm
or by appointment2320 Gerrard Street East, Unit 101
T. 416.693.7500 E. [email protected] W. www.UpperBeachTownes.com
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CITYLIGHTS ON BROADWAYBy Pemberton GroupRegister now for the south tower with new suite designs in the popular Yonge and Eglinton neighbourhood.Web: CityLightsCondos.ca
VIDABy Castle Group DevelopmentCondos coming soon to the luxe Bayview Village area, steps from the subway.Register today.Web: VidaCondos.com
150 REDPATHBy Freed Dev./Capital Dev.Coming this fall to Yonge and Eglinton. Register today to stay in the know.Web: RedpathCondos.com
STANLEYBy Tribute CommunitiesRegister now to live at one of Toronto’s most iconic locations, at Church and Carlton.Web: MyTribute.ca
previews & registrations
previews & registrations
new releases & grand openingsISLINGTON TERRACEBy TridelGrand opening at this new, master-planned community minutes from Islington Villageand Kingsway on Bloor.Web: Tridel.com
BLUE DIAMOND AT IMPERIAL PLAZA By Camrost FelcorpThe sales centre is now open for thisdazzling new condo coming soon toAvenue and St. Clair.Web: BlueDiamondCondos.ca/cg
THE BOND CONDOMINIUMSBy Lifetime DevelopmentsFinal release of The Bond’s Connected Collection offers suites on the two top floors, plus a limited number terrace suites.Web: TheBond.ca
THE SOUTHWOODBy StreetcarPhase 2 now open – the Ravine Collection, minutes from downtown on the water’s edge, in The Upper Beach. Web: TheSouthwood.com
EAST FIFTY FIVEBy Lamb Dev. Corp. & Hyde Park HomesNow open. Spectacular modern residences coming soon to Toronto’s lower east side. Web: East55condos.ca
THE RAVINEBy Urban Capital & ALIT DevelopmentsModel suite now open in North York, where city and nature come together.Web: TheRavine.ca
TEAHOUSEBy Lanterra DevelopmentsPhase 2 now open at 501 Yonge St., where east meets west in this new Asian-inspired condominium. Register now.Web: TeaHouseCondos.com
AQUALINA AT BAYSIDEBy TridelConstruction has started on the Toronto waterfront. Visit the presentation centre and two model suites, now open.Web: Tridel.com/aqualina
RIVERCITY 3By Urban CapitalPresentation centre and model suite now open at Urban Capital’s new condominium coming to the revived West Don Lands.Web: RiverCityToronto.com
CONDO WATCH
DANIELS WATERFRONTBy The Daniels Corp.Dive into an arts-inspired life on Toronto’s waterfront. Register today.Web: DanielsWaterfront.com
BRIAR HILL CITY TOWNSBy Madison HomesRegister now for Briar Hill City Towns – bungalow and two-storey urban towns coming in fall 2015.Web: MadisonHomes.ca
SAIL CONDOMINIUMSBy Opearl DevelopmentsThe new wave of design is here! Modern urban condos coming soon to Victoria Park and Sheppard. Register for priority preview.Web: SailCondos.ca
GRID CONDOSBy CentreCourt DevelopmentsGet schooled on smart condo living inToronto’s “Learning District.” Register now.Web: GridCondos.com
MARQUETTEBy Kubo DevelopmentsNow previewing, boutique urban townsnear Bathurst and Wilson. Visit the salescentre today.Web: Marquette.ca
CONNEXIONBy North Star HomesPreviews continue in this prime Bloor and Islington community. Register now for first priority preview.Web: NorthStarHomesInc.com
LIBERTY CENTRAL TWOBy CanAlfaPresentation centre now open. The sequelto Liberty Central By The Lake showcases spectacular lake and city views in the popular Liberty Village neighbourhood.Web: LiveInLiberty.com
EAST UNITED By SigNature CommunitiesRegister now to be part of Toronto’s vibrant east end. Condos coming to the corner of Berkeley and King.Web: EastUnitedCondos.com
JOY CONDOSBy GemterraComing soon to this prime Scarborough location, near Kennedy and Sheppard.Register now to stay up to date.Web: JoyCondos.com
Builders: If you would like toinclude your preview registration,new release or site opening in thisfeature, just email the details [email protected]
416
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IN THIS SECTION Maps and listings for new condo communities in the 416 region Builder news and the latest in condos in the 416
Your complete source for condos, lofts and townhomes in the GTA
GTA EditionAugust 1 - 29, 2015
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88 NEW CONDO GUIDE AUGUST 1 - 29, 2015 AUGUST 1 - 29, 2015 NEW CONDO GUIDE 89
CITYLIGHTS ON BROADWAYBy Pemberton GroupRegister now for the south tower with new suite designs in the popular Yonge and Eglinton neighbourhood.Web: CityLightsCondos.ca
VIDABy Castle Group DevelopmentCondos coming soon to the luxe Bayview Village area, steps from the subway.Register today.Web: VidaCondos.com
150 REDPATHBy Freed Dev./Capital Dev.Coming this fall to Yonge and Eglinton. Register today to stay in the know.Web: RedpathCondos.com
STANLEYBy Tribute CommunitiesRegister now to live at one of Toronto’s most iconic locations, at Church and Carlton.Web: MyTribute.ca
previews & registrations
previews & registrations
new releases & grand openingsISLINGTON TERRACEBy TridelGrand opening at this new, master-planned community minutes from Islington Villageand Kingsway on Bloor.Web: Tridel.com
BLUE DIAMOND AT IMPERIAL PLAZA By Camrost FelcorpThe sales centre is now open for thisdazzling new condo coming soon toAvenue and St. Clair.Web: BlueDiamondCondos.ca/cg
THE BOND CONDOMINIUMSBy Lifetime DevelopmentsFinal release of The Bond’s Connected Collection offers suites on the two top floors, plus a limited number terrace suites.Web: TheBond.ca
THE SOUTHWOODBy StreetcarPhase 2 now open – the Ravine Collection, minutes from downtown on the water’s edge, in The Upper Beach. Web: TheSouthwood.com
EAST FIFTY FIVEBy Lamb Dev. Corp. & Hyde Park HomesNow open. Spectacular modern residences coming soon to Toronto’s lower east side. Web: East55condos.ca
THE RAVINEBy Urban Capital & ALIT DevelopmentsModel suite now open in North York, where city and nature come together.Web: TheRavine.ca
TEAHOUSEBy Lanterra DevelopmentsPhase 2 now open at 501 Yonge St., where east meets west in this new Asian-inspired condominium. Register now.Web: TeaHouseCondos.com
AQUALINA AT BAYSIDEBy TridelConstruction has started on the Toronto waterfront. Visit the presentation centre and two model suites, now open.Web: Tridel.com/aqualina
RIVERCITY 3By Urban CapitalPresentation centre and model suite now open at Urban Capital’s new condominium coming to the revived West Don Lands.Web: RiverCityToronto.com
CONDO WATCH
DANIELS WATERFRONTBy The Daniels Corp.Dive into an arts-inspired life on Toronto’s waterfront. Register today.Web: DanielsWaterfront.com
BRIAR HILL CITY TOWNSBy Madison HomesRegister now for Briar Hill City Towns – bungalow and two-storey urban towns coming in fall 2015.Web: MadisonHomes.ca
SAIL CONDOMINIUMSBy Opearl DevelopmentsThe new wave of design is here! Modern urban condos coming soon to Victoria Park and Sheppard. Register for priority preview.Web: SailCondos.ca
GRID CONDOSBy CentreCourt DevelopmentsGet schooled on smart condo living inToronto’s “Learning District.” Register now.Web: GridCondos.com
MARQUETTEBy Kubo DevelopmentsNow previewing, boutique urban townsnear Bathurst and Wilson. Visit the salescentre today.Web: Marquette.ca
CONNEXIONBy North Star HomesPreviews continue in this prime Bloor and Islington community. Register now for first priority preview.Web: NorthStarHomesInc.com
LIBERTY CENTRAL TWOBy CanAlfaPresentation centre now open. The sequelto Liberty Central By The Lake showcases spectacular lake and city views in the popular Liberty Village neighbourhood.Web: LiveInLiberty.com
EAST UNITED By SigNature CommunitiesRegister now to be part of Toronto’s vibrant east end. Condos coming to the corner of Berkeley and King.Web: EastUnitedCondos.com
JOY CONDOSBy GemterraComing soon to this prime Scarborough location, near Kennedy and Sheppard.Register now to stay up to date.Web: JoyCondos.com
Builders: If you would like toinclude your preview registration,new release or site opening in thisfeature, just email the details [email protected]
416
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TrinityRavine.ca647-876-5433
priorityreservationsavailable
BUY EARLY &
SAVE
FROM THE $270,000s
Prices and specifications subject to change without notice. Rendering is artist’s concept. E. & O. E.
TORONTO’S NEWEST ‘55 PLUS’CHRISTIAN LIFESTYLE COMMUNITY
Trinity Ravine Towers is more than just a residence – it is a culturally diverse faith-based adult lifestyle community. Here you will be able to take advantage of the exceptional amenities, spacious suites and quality standard features that are tailor-made to meet your needs. This is living at its finest.
COMING SOON
TO 1250 MARKHAM ROAD
PRIORITYPREVIEWS
WEDNESDAY, SEPTEMBER 16TH
ANDTHURSDAY,
SEPTEMBER 17TH
GRAND OPENINGSATURDAY,
SEPTEMBER 19TH
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90 NEW CONDO GUIDE AUGUST 1 - 29, 2015 AUGUST 1 - 29, 2015 NEW CONDO GUIDE 91
CONDO PROFILE
STUNNING VIDA CONDOS BRING EXCLUSIVE LIVING TO
BAYVIEW VILLAGEUrban architecture and hospitality design
combine at this prestigious address
090-091 CP-Castle Croup-Vida_MC_L.indd 18 7/28/15 10:57 AM
sense of arrival and a lush, landscaped central courtyard inspired by a European palazzo. The lobby’s welcoming atmosphere features seating, a fireplace and lounge.
Amenities at Vida take fine, urban living with a strong sense of hospitality to the next level. Residents can entertain guests in style in the multi-purpose party room with chef’s kitchen or the sports bar, which overlooks a beautifully landscaped outdoor space with barbecue area. For overnight guests there’s a welcoming master guest suite. Vida owners can get their heart pumping in the fitness centre, equipped with the latest weights and cardio machines.
The impeccable suites at Vida offer soaring nine-ft. ceiling heights, expansive windows and layouts, spacious closets and high-quality laminate plank flooring. Designer kitchen features include granite countertops, European-styled cabinetry and full-sized stainless steel appliances. Luxurious bathroom features include deep soaker tub or stand-up shower and custom cultured marble vanity counter. All suites feature balconies or terraces.
Suites range in size from 328 to 1,000 sq. ft. and are available in studios, one-bedroom, one-bedroom-plus-den, two-bedroom and two-bedroom-plus-den designs. Prices start from $199,990 to over $700,000.
Vida is at the centre of a plethora of amenities, including main-floor retail shops and services, parks and scenic walking trails, golf clubs, schools, hospitals and Bayview Village. As one of the city’s most upscale shopping destinations, Bayview Village offers a selection of more than 100 luxury retailers, gourmet grocers, restaurants and cafes. Shops at Don Mills, Fairview Mall and the Yonge Street corridor with endless culture, cuisine and entertainment options are all close by.
At Vida, the subway is at your door with Bayview station on the Sheppard subway line a short walk away that gets you downtown in minutes. Access to Hwy. 401 and the Don Valley Pkwy./404 is virtually instant, offering the convenience of getting around the city easily and effortlessly.
For more information on Vida, register at vidacondos.com or call 416.304.1212.
Nestled in an exclusive location just east of Bayview Avenue and set back from
Sheppard Avenue East, the urban and contemporary architecture of Vida will help it to stand out while fitting seamlessly into the surrounding upscale neighbourhood. This luxury, midrise boutique condominium, which is just steps from Bayview Village and the Sheppard subway line, will feature a three-, six- and eight-storey stepped design.
“Vida is very unique,” says Mona Bhamani, president of award-winning Castle Group Developments. “At Castle Group, we envisioned a condominium that would ‘wow’ purchasers and those in the community while setting it apart.”
Having worked with architect Harry Christakis of HCA Architecture before on Bellair Gardens, The Palm and Tuscany Gates, Bhamani knew Christakis would bring that vision to life.
Christakis, who describes Vida as “a beauty with personality,” also brought his hospitality design expertise to Vida. Christakis’ portfolio includes restaurants, spas and hotels, including the Park Hyatt on Avenue Road in Yorkville.
Vida’s stepped design allows for a range of suite sizes and creates a seamless flow between the building and the surrounding outdoor space.
Its iridescent glass façade accented by geometric bands of concrete stone resemble the links of a jewel-like bracelet wrapping around the building.
Further adding to the distinctive design is the dramatic arched entrance way that creates a strong
090-091 CP-Castle Croup-Vida_MC_L.indd 19 7/28/15 10:57 AMTCG 08-01-15 master.indd 90 2015-07-28 3:35 PM
90 NEW CONDO GUIDE AUGUST 1 - 29, 2015 AUGUST 1 - 29, 2015 NEW CONDO GUIDE 91
CONDO PROFILE
STUNNING VIDA CONDOS BRING EXCLUSIVE LIVING TO
BAYVIEW VILLAGEUrban architecture and hospitality design
combine at this prestigious address
090-091 CP-Castle Croup-Vida_MC_L.indd 18 7/28/15 10:57 AM
sense of arrival and a lush, landscaped central courtyard inspired by a European palazzo. The lobby’s welcoming atmosphere features seating, a fireplace and lounge.
Amenities at Vida take fine, urban living with a strong sense of hospitality to the next level. Residents can entertain guests in style in the multi-purpose party room with chef’s kitchen or the sports bar, which overlooks a beautifully landscaped outdoor space with barbecue area. For overnight guests there’s a welcoming master guest suite. Vida owners can get their heart pumping in the fitness centre, equipped with the latest weights and cardio machines.
The impeccable suites at Vida offer soaring nine-ft. ceiling heights, expansive windows and layouts, spacious closets and high-quality laminate plank flooring. Designer kitchen features include granite countertops, European-styled cabinetry and full-sized stainless steel appliances. Luxurious bathroom features include deep soaker tub or stand-up shower and custom cultured marble vanity counter. All suites feature balconies or terraces.
Suites range in size from 328 to 1,000 sq. ft. and are available in studios, one-bedroom, one-bedroom-plus-den, two-bedroom and two-bedroom-plus-den designs. Prices start from $199,990 to over $700,000.
Vida is at the centre of a plethora of amenities, including main-floor retail shops and services, parks and scenic walking trails, golf clubs, schools, hospitals and Bayview Village. As one of the city’s most upscale shopping destinations, Bayview Village offers a selection of more than 100 luxury retailers, gourmet grocers, restaurants and cafes. Shops at Don Mills, Fairview Mall and the Yonge Street corridor with endless culture, cuisine and entertainment options are all close by.
At Vida, the subway is at your door with Bayview station on the Sheppard subway line a short walk away that gets you downtown in minutes. Access to Hwy. 401 and the Don Valley Pkwy./404 is virtually instant, offering the convenience of getting around the city easily and effortlessly.
For more information on Vida, register at vidacondos.com or call 416.304.1212.
Nestled in an exclusive location just east of Bayview Avenue and set back from
Sheppard Avenue East, the urban and contemporary architecture of Vida will help it to stand out while fitting seamlessly into the surrounding upscale neighbourhood. This luxury, midrise boutique condominium, which is just steps from Bayview Village and the Sheppard subway line, will feature a three-, six- and eight-storey stepped design.
“Vida is very unique,” says Mona Bhamani, president of award-winning Castle Group Developments. “At Castle Group, we envisioned a condominium that would ‘wow’ purchasers and those in the community while setting it apart.”
Having worked with architect Harry Christakis of HCA Architecture before on Bellair Gardens, The Palm and Tuscany Gates, Bhamani knew Christakis would bring that vision to life.
Christakis, who describes Vida as “a beauty with personality,” also brought his hospitality design expertise to Vida. Christakis’ portfolio includes restaurants, spas and hotels, including the Park Hyatt on Avenue Road in Yorkville.
Vida’s stepped design allows for a range of suite sizes and creates a seamless flow between the building and the surrounding outdoor space.
Its iridescent glass façade accented by geometric bands of concrete stone resemble the links of a jewel-like bracelet wrapping around the building.
Further adding to the distinctive design is the dramatic arched entrance way that creates a strong
090-091 CP-Castle Croup-Vida_MC_L.indd 19 7/28/15 10:57 AMTCG 08-01-15 master.indd 91 2015-07-28 3:35 PM
*Some restrictions and exclusions apply. Please speak to a sales rep for more details. Exclusive listing brokerage Baker Real Estate Incorporated. Brokers protected. Prices and specifi cations are subject to change without notice. Illustration is artist concept. E.&O.E.
Site Location: 3260 Sheppard Ave. E.Toronto, ON M1T 3K3
DON’T MISS OUT!UP TO$50KCASHBACK!*
NOW UNDER CONSTRUCTION
For more information call 416.493.0123
HarmonyVillage.ca
EXTENDED FOR A LIMITED TIME ONLY:Pre-Construction Promotions and Free Parking!*
092-CityCore-Harmony 07-04-15 07-04-15.indd 92 2015-07-28 4:38 PM
Shop Talk
SOUL CONDOS AT FAIRVIEW PARK
CONNECT CONDOS AT FAIRVIEW PARK
*Price and specifications are subject to change without notice. Illustrations are artist’s concept only. Building and view not to scale. Exclusive Listing Brokerage; Cornerstone Marketing Realty Inc., Brokerage. ©FRAM 2015. All rights reserved. E.&O.E. AUGUST 2015.
Discover a dynamic, master-planned community in the heart of North York before it’s too late. Steps from Fairview Mall, minutes from the Don Mills Subway Station and TTC, enjoy a 1-acre on-site park in Fairview Park’s backyard and urban amenities at home’s doorstep.
Last chance to live on a 1-acre park at pre-construction prices!
SALES CENTRE 245 Fairview Mall DriveMon to Thurs 12 to 6:00 p.m.,Friday by App.,Sat & Sun 12 to 5:00 p.m.416.773.1066
fairviewparkcondos.com
CONDO GUIDE FULL PAGE AD
FAIRVIEW MALL DR.
SALESCENTRE
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ILLS RD
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Exclusive 10% Down Program
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94 NEW CONDO GUIDE AUGUST 1 - 29, 2015 AUGUST 1 - 29, 2015 NEW CONDO GUIDE 95
IN THE NEWS
East United responds to demand for smaller units in the east end
After a successful VIP launch revealed an overwhelming demand for smaller, more
affordable units in the downtown core’s east end, the team behind East United Condos has unveiled three new floor plans for purchasers.
The layouts, which were made possible by a strategic redesign that raised the overall unit-count from 279 to 289, are all priced in the $200’s.
“We knew the smaller units were going to be popular,” says Sebastian Mizzi, vice-president of SigNature Communities. “Given all the changes happening in Corktown, with this infusion of culture, amenities and commerce, these were the units that best fit the new urban lifestyle.”
Even though Mizzi and the rest of the developer group, which includes Berkshire Axis Developments and Andiel Homes, were anticipating demand for this inventory, the depth of that demand blew them away.
“We realized pretty quickly that this size and price point is what the market was asking for. We are a nimble team, so we were able to make some small changes to the overall design in order to better serve market demand,” adds Mizzi.
The new layouts measure 435, 450 and 480 sq. ft., and range in price from $239,900 to $290,900.
Like all of East United’s units, purchasers will be able to select from thematic design packages based on east-end neighbourhoods: choosing between the earth-toned, rustic finishes of the Distillery District, the sleek, minimalism of the Design District, and the eclectic, playfulness of the St. Lawrence Market.
“We wanted to create a bespoke, curated experience that reflects the artisanal nature of each neighbourhood,” says Matt Davis of Design Agency, the firm behind all of East United’s interior spaces.
East United is located at 95 Berkeley St., with prices from $199,900. The building rises 21 stories and consists of 289 units, offering one-, two-, three- and four-bedroom layouts ranging from 350 to 1400 sq. ft. The sales centre is located at 95 Berkeley. Please visit the website at eastunitedcondos.com for more information.
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#ARAGONFORWARD Aragon Properties Ltd.
Enigma on the Park is now 70% sold! As we prepare for construction to start, our Presentation Centre has moved to Bloor St & St. Helen’s. Enigma represents more than a subtle shift in urban planning and architectural design practices. It’s a revolution that begins with these 86 parkside condos and townhomes located in the heart of the connected
Bloordale neighbourhood. With direct access to the Go Train, expressway and metro lines, the opportunity to be a part of the best in urban design won’t last long—homes range from studio suites at $233,900 to penthouses starting at $439,900. Register today at aragon.ca/enigmalo� s. Call or visit: 1346 Bloor St. West, 416.516.1551.
ENIGMA ON THE PARK
St. Helens Ave
Bloor St W
Lansdowne Ave
PresentationCentre
Wade Ave
N
NOT JUST A RULE BREAKER.A GAME CHANGER.
DESIGNFORWARDARAGON.CA
MOVEFORWARDARAGON.CA
THINKFORWARDARAGON.CA
LIVEFORWARDARAGON.CA
™
™
™
™
70% SOLD
VISIT OUR NEW PRESENTATION CENTRE
AUGUST 1 - 29, 2015 NEW CONDO GUIDE 95
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96 NEW CONDO GUIDE AUGUST 1 - 29, 2015 AUGUST 1 - 29, 2015 NEW CONDO GUIDE 97
IN THE NEWS
Spice up your life with Spice living
There’s something new coming to the Danforth neighbourhood that’s sure to “spice” up your life.
Living in one of Toronto’s most vibrant, colourful and diverse pockets is anything but boring, and The Hi Rise Group is excited to be part of the action with Spice – a two-storey urban townhome on Danforth Road, offering affordable city living to match the excitement and convenience of the Danforth locale.
Buyers are flocking for a taste of Spice. With every imaginable amenity nearby and easy access to transit, Spice has every ingredient you need to connect with your city and enjoy comfortable living that truly suits your lifestyle.
Part of Spice’s allure is its price – homes start from the mid-$300’s, with suites ranging in size from 749 to 1,029 sq. ft.
Few new living options in Toronto can offer convenience, location and affordability in one tasty package.
Spice embraces diversity and flavour beyond this enclave of 116 homes. Designer Bryon Patton, well known for his ingenious interior designs across the city, has created colour palettes that cater to your preferences.
Your style will shine through your home with options like rich granite, smooth wood grains, and custom hues that make your choices your own.
Topping off the project, rooftop terraces, balconies and patios complement your home’s design by providing
larger entertainment space and easy access to the outdoors.
Speaking of the outdoors, Spice offers a unique opportunity for residents to connect with their city via the 24-hour bus right at their doorstep. Alongside bus services, Warden and Victoria Park subway stations are minutes away.
With a walk score of 79 and transit score of 80, residents can immerse themselves in culture and lifestyle without ever leaving their neighbourhood.
A perfect lifestyle includes the key ingredient of relaxation, and there’s no shortage of leisure activities to escape the daily grind. Spice’s location makes a day at the beach or a run along The Bluffs easy as pie. Spice residents also can enjoy all the perks of life on The Danforth with its popular restaurants, bars, shops, grocers, day cares, schools and a plethora of parks all nearby.
At the heart of it all, Spice itself is an escape from hectic city life. This intimate complex of homes boasts an element of seclusion to afford residents downtime and provide the privacy they desire in the city they love.
Spice has all the ingredients of a winning recipe for real estate – location, lifestyle and price – a combination that’s hard to find in a city such as Toronto, and coming soon to the Danforth area.
Ready to add some Spice to your life? Visit spiceondanforth.com for more information and to register for the preview opening and prime selection of suites at pre-construction prices.
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new condos from the low $300s. move in spring 2016.register at oneeleven.ca or call 647 351 4111
for promotions + upcoming events.
CONDOMINIUMS + LOFTS
Exclusive Listing Brokerage: Baker Real Estate Incorporated. Brokers Protected. Rendering is an artist’s impression. Prices and specifications are subject to change without notice. E.&O.E. July 2015.
two-storey penthousedesigned by internationally renowned
II BY IV Design Associates, each unit features 9-foot ceilingsin all principal rooms, designer european-style kitchens,engineered hardwood floors, exposed concrete ceilings,
floor-to-ceiling windows and soaker tubs.
the best deal at bathurst + king
this summer
oneeleven condos from harhay developments + carttera
111_NCG_07-20_ad4.indd 1 2015-07-22 4:00 PM
AUGUST 1 - 29, 2015 NEW CONDO GUIDE 97
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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
*TH: Townhomes, C: Condo
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East York
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
2 GREAT GuLF Yonge+Richmond 416-499-8883 • from $340,000 25 16K7 THE DANIELS CORPORATION High Park Condominiums 416-351-1844 • from $300,000 15 8L11 MENKES DEvELOPMENTS INC. Pears on the Avenue 416-323-0100 • from $420,000 Insert 14I11 MENKES DEvELOPMENTS INC. 365 Church 416-591-7700 • from $249,000 Insert 14I16 FREED 150 REDPATH redpathcondos.com • 47 14D16 CAPITAL DEvELOPMENTS 150 REDPATH redpathcondos.com • 47 14D17 ROCKPORT GROuP The Nest 416-223-0003 • from $250,000 73 11H18 MONARCH CORPORATION Riva del Lago 416-495-3544 • from $300,000 Insert 24C18 uRBAN CAPITAL RC3 416-862-0505 • • from $220,000 51 18L18 MATTAMY HOMES Riva del Lago 416-495-3544 • from $300,000 Insert 24C20 MENKES DEvELOPMENTS INC. Fabrik 416-591-7700 • from $350,000 Insert 14M22 MONARCH CORPORATION Picasso on Richmond 416-495-3549 • from $500,000 Insert 14M22 MATTAMY HOMES Picasso on Richmond 416-495-3549 • from $500,000 Insert 14M25 TRIDEL CORPORATION SQ2 416-661-1949 • IFC 15D28 EMPIRE COMMuNITIES Eau Du Soleil Waterfront Condominiums 416-503-3328 • from $350,000 6-7 25B35 MENKES DEvELOPMENTS INC. 87 Peter 416-591-7700 • from $344,000 Insert 15M 35 MENKES DEvELOPMENTS INC. The Eglinton Yonge at Heart menkes.com • Insert 15D 38 GREAT GuLF Pace 416-928-2223 • from $310,000 25 16L48 MADISON HOMES Zigg St.Clair West 416-545-0223 • • from $320,000 57 14J48 FIELDGATE HOMES Zigg St.Clair West 416-545-0223 • • from $320,000 57 14J50 CRESFORD DEvELOPMENT CORP. VOX 416-485-3000 • 120 15J52 CRESFORD DEvELOPMENT CORP. CASA 2 416-486-2272 • from $390,000 120 15L52 CRESFORD DEvELOPMENT CORP. CASA III 416-486-2272 • from $390,000 120 15L58 GREAT GuLF Monde 416-466-8885 • from $320,000 25 17M60 CANALFA GROuP Liberty Central by the Lake - Phase One 416-537-0047 • from $409,000 75 11F65 ARAGON PROPERTIES Enigma on the Park 416-516-1551 • from $234,000 95 9L67 PEMBERTON GROuP Citylights on Broadway 905-326-4100 • from $200,000 8 14D75 CANALFA GROuP Liberty Central by the Lake Two 416-537-0047 • • from $250,000 52-53 12N85 HARHAY DEvELOPMENTS One Eleven Condominiums & Lofts 647-351-4111 • from $320,000 97 13M85 CARTTERA One Eleven Condominiums & Lofts 647-351-4111 • from $320,000 97 13M99 GREAT GuLF One Bloor Residences 416-922-0081 • from $590,000 25 15I104 CRESFORD DEvELOPMENT CORP. The Clover on Yonge 416-485-3000 • from $390,000 120 14J114 FERNBROOK HOMES/CITYzEN DEv. 158 Front Condominiums 158front.com • 71 17L118 PEMBERTON GROuP The Urban Townhome Collection 416-546-6605 • from $2200,000 8 15K140 EDEN SHAW Chaz Yorkville Condos 416-922-0045 • from $400,000 27 16J140 45 CHARLES LTD. Chaz Yorkville Condos 416-922-0045 • from $400,000 27 16J149 CAMROST - FELCORP Imperial Plaza 647-346-3799 • from $450,000 1 15I149 CAMROST - FELCORP Blue Diamond at Imperial Plaza bluediamondcondos.ca/cg • from $300,000 1 15I149 CAMROST - FELCORP Yorkville Plaza 416-966-3003 • from $350,000 1 15I149 CAMROST - FELCORP Cumberland Tower - Yorkville Plaza II 416-966-3003 • from $350,000 1 15I150 ASPEN RIDGE HOMES Studio on Richmond 647-352-7736 • from $300,000 55 15M155 LIFETIME DEvELOPMENTS The Bond Condominiums 416-546-7525 • • 39 15G190 CRESFORD DEvELOPMENT CORP. 1000 Bay 416-485-3000 • from $390,000 120 15J199 BRAD J. LAMB REALTY James 416-214-9900 from $280,000 23 14O201 SOLOTEx Upper Beach Townes 416-693-7500 • from $450,000 86 24G215 DuNDEE KILMER DEvELOPMENTS Canary Park Condominiums 416-603-7576 • from $250,000 56 18L217 PEMBERTON GROuP TEN93 Queen West 416-546-6355 • from $280,000 8 12F218 MALIBu INvESTMENTS INC. Smart House 416-292-0219 • from $442,000 33 15L218 uRBAN CAPITAL Smart House 416-292-0219 • from $442,000 33 15L222 LAMB DEvELOPMENT CORP. The Harlowe 416-363-1771 • from $294,000 59 15M2 CONCORD ADEx FWD at Concord CityPlace 416-813-0999 • • 13F3 CONCORD ADEx Quartz at Concord CityPlace 416-813-2999 • • 15M3 CONCORD ADEx Spectra at Concord CityPlace 416-813-0999 • • 15N3 CONCORD ADEx Grand Parade 2 at Concord CityPlace 416-813-0999 • 15M3 CONCORD ADEx Parade TWO Park Collection at Concord CityPlace 416-813-0999 • from $308,000 15M4 GAIRLOCH INvESTMENTS 383 Sorauren 383sorauren.com from $265,000 9M4 CENTRESTONE uRBAN DEvELOPMENTS INC. 383 Sorauren 416-588-0383 from $265,000 9L5 ONNI GROuP OF COMPANIES Garrison at the Yards 416-260-2600 • from $190,000 14N5 ONNI GROuP OF COMPANIES West Lake 416-260-2600 • from $240,000 14N5 CONCORD ADEx Newton at Concord CityPlace 416-813-0999 • 12F6 CRESFORD DEvELOPMENT CORP. Merton Yonge Condominiums 416-484-1900 • from $450,000 14E6 CRESFORD DEvELOPMENT CORP. NxT2/Phase Two 416-977-5300 • • from $210,000 5F6 CRESFORD DEvELOPMENT CORP. NxT at Windermere By the Lake 416-977-5300 • • from $350,000 5F7 THE DANIELS CORPORATION The Parkside Collection 416-351-1844 • from $700,000 8L8 CRESFORD DEvELOPMENT CORP. NxT 2 416-977-5300 • • from $300,000 8N9 ASPEN RIDGE HOMES vu 416-970-9500 • • from $370,000 16L9 CITYzEN Riverside in Pine Grove 416-746-1234 3F10 EMPIRE COMMuNITIES The HuB 416-784-3482 • from $250,000 9F11 TRIDEL CORPORATION Sherwood at Huntington 416-485-1900 • from $1000,000 18G12 NORTH DRIvE INvESTMENT The High Park 416-670-3699 • from $300,000 8L12 STREETCAR DEvELOPMENT RC3 416-750-7506 • from $300,000 23D13 STREETCAR DEvELOPMENT Trinity Lofts 416-690-2988 • from $330,000 19L14 CANALFA GROuP Liberty Place 416-537-0047 • • from $170,000 12N15 TRIDEL CORPORATION 101 Erskine 416-480-0700 • from $286,000 14D16 FREED 155 REDPATH 416-996-5428 • from $210,000 14D18 uRBAN CAPITAL River City 416-862-0505 • • from $250,000 18L18 uRBAN CAPITAL River City 2 416-862-0505 • • from $500,000 18L19 KINGSTONE ROAD DEvELOPMENT The Glen 416-694-3333 • from $255,000 23H
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# Builder Site Telephone TH* C* Price Range Page Finder
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554
*TH: Townhomes, C: Condo
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information. 99
19 STREETCAR DEvELOPMENT The Southwood 416-750-7506 • from $300,000 23H21 GREENLAND GROuP King Blue Condos 416-599-1355 • from $215,000 12N22 TRIDEL CORPORATION Ten York 416-596-9888 • from $1020,000 12F23 TRIBuTE COMMuNITIES The College 416-363-4800 • from $350,000 M1424 GREENPARK HOMES Axiom Condominiums 647-352-4077 • from $225,000 17L25 TRIDEL CORPORATION Spadina Queen 416-661-1949 • from $350,000 15D26 BAzIS INC. One Yorkville 416-519-2911 • from $475,000 15I26 BAzIS INC. No1 Yorkville 416-519-2911 • from $408,000 15I27 THE DANIELS CORPORATION One Park Place South Tower 416-955-0559 • from $320,000 18K28 EMPIRE COMMuNITIES Water Tower at Eau Du Soleil 416-503-3328 • from $350,000 25B29 PINNACLE INTERNATIONAL Success Tower at Pinnacle Centre 416-360-0673 • from $750,000 17M29 PINNACLE INTERNATIONAL 33 Bay Residences at Pinnacle Centre 416-925-3325 • from $375,000 17M31 WORSLEY uRBAN PARTNERS Totem Condominium 416-792-1877 • from $320,000 15H32 MADISON HOMES The Madison 416-482-8090 • from $420,000 14E33 LAMB DEvELOPMENT CORP. Riverside Towns 416-368-5262 • from $460,000 19L36 NEuDORFER CORPORATION Fuse Condos 416-534-4444 from $220,000 9K37 CRESFORD DEvELOPMENT CORP. Lofts 399 416-867-3999 • from $590,000 14L38 EASTON’S GROuP Dundas Square Gardens 416-645-8575 • from $200,000 17K38 CENTRE COuRT DEvELOPMENT Grid Condos 416-477-4743 • from $250,000 17K39 GREAT GuLF Brocton Commons greatgulf.com/brocton • from $370,000 11L40 FERNBROOK HOMES/CITYzEN DEv. Garrison Point garrisonpoint.ca • from $250,000 13N41 LASH GROuP OF COMPANIES The Barrington Condominiums Flats 416-410-4444 • from $333,000 12H42 TRIuMPH DEvELOPMENTS Howard Park 2 416-873-0989 • 9L43 K-CAP LAIRD INC. The upper House Condos in Leaside 416-425-1800 from $350,000 18D44 TRIDEL CORPORATION Alter 416-645-4599 • from $250,000 16J45 PINNACLE INTERNATIONAL Palatial Collection 416-925-3325 • from $800,000 16M46 CONSERvATORY GROuP Milan 416-928-7409 • from $520,000 15I47 PINNACLE INTERNATIONAL The PJ pinnacleinternational.ca • from $300,000 15L48 MINTO COMMuNITIES INC. Yorkville Park mintoyorkvillepark.com • • from $420,000 14J49 LANTERRA DEvELOPMENTS Teahouse 416-861-1111 • from $281,000 16K49 TRIBuTE COMMuNITIES Stanley mytribute.ca • from $200,000 16K51 TRIDEL CORPORATION Aqualina at Bayside 416-514-2710 • from $350,000 18N51 TRIDEL CORPORATION Aquavista at Bayside Toronto 416-514-2710 • from $1000,000 18N53 LANTERRA DEvELOPMENTS 11 Wellesley 416-861-1111 • from $250,000 15J54 TIMES DEvELOPMENTS INC. The 500 Condos + Lofts 416-960-0606 • from $400,000 17I55 MINTOuRBAN COMMuNITIES INC. King West 416-367-5464 • from $210,000 14M55 MINTOuRBAN COMMuNITIES INC. 775 King West 416-367-5464 • from $330,000 14M56 STREETCAR DEvELOPMENT Riverside Square 416-466-4466 • from $200,000 19L57 LANTERRA DEvELOPMENTS 3018 Yonge In Lawrence Park 416-787-8882 • from $390,000 14B59 LINDvEST B Streets 416-532-6636 from $635,000 13J61 MINTO COMMuNITIES INC. West Side mintowestside.com • • from $220,000 13M62 PEMBERTON GROuP The uptown Residences 416-987-3500 • from $950,000 16J63 FERNBROOK HOMES/CITYzEN DEv. The Selby theselbycondos.com • 16J64 LAMB DEvELOPMENT CORP. The Brant Park 416-368-5262 • from $262,000 14M66 E-PARK DEvELOPMENT Foundry Lofts 416-531-7760 from $399,000 9I66 EMSATEC CANADA INC The Brownstones 5 416-531-7760 • from $350,000 9I66 NEuDORFER CORPORATION Brownstones 416-531-7760 • from $305,000 9I68 LAMB DEvELOPMENT CORP. East Fiftyfive 416-861-9559 • from $280,000 17L69 SHIu PONG DEvELOPMENT LTD. Design Haus mydesignhaus.ca • from $250,000 14K70 MADISON HOMES The upper Canada Condominium 416-489-5194 • from $1800,000 14G70 STATE BuILDING GROuP The upper Canada Condominiums 416-489-5194 • from $1.8,000 14G71 TOWER HILL DEvELOPMENT CORPORATION 2221 Yonge 647-350-2221 • from $320,000 14D72 HARHAY DEvELOPMENTS East Condos & Lofts 416-368-5262 • from $310,000 16M73 DIAM DEvELOPMENTS On The Danforth onthedanforthcondo.com • from $250,000 23G74 THE DANIELS CORPORATION The Bartholomew Downtown East 416-955-0559 • from $300,000 18K76 THE DANIELS CORPORATION RC3 416-221-3939 • from $280,000 17M77 ANDIEL HOMES INC. East united Toronto Condos 905-273-9333 • from $200,000 18L77 BERKSHIRE AxIS DEvELOPMENT East united Toronto Condos 905-273-9333 • from $200,000 18L77 SIGNATuRE COMMuNITIES East united Toronto Condos 905-273-9333 • from $200,000 18L78 EMPIRE COMMuNITIES Schoolhouse 416-979-1333 • from $595,000 13I79 FREED Art Shoppe Condos artshoppecondos.com • from $200,000 14D81 LAMB DEvELOPMENT CORP. Flatiron Lofts 416-368-5262 from $243,000 20J83 TRIDEL CORPORATION 300 Front Street West 416-217-0300 • from $324,000 15M84 TRIDEL CORPORATION Atmosphere 416-217-0300 • from $1200,000 15M88 FERNBROOK HOMES/CITYzEN DEv. Pier 27 Waterlink 416-367-3456 • from $800,000 17N94 DHD DEvELOPMENTS Gooderham Condos at The Distillery 416-361-1322 • from $390,000 18L101 LAMB DEvELOPMENT CORP. The King East 416-368-5262 • from $435,000 18L102 PLAzA King West 647-341-1731 • from $346,000 13N103 MENKES DEvELOPMENTS INC. Four Seasons Private Residences Toronto 416-775-7500 • from $1900,000 15I103 LIFETIME DEvELOPMENTS Four Seasons Private Residences Toronto 416-775-7500 • from $1900,000 15I104 ASPEN RIDGE HOMES Seventy Seven Charles Yorkville 416-203-7034 • from $2100,000 14J106 CONTExT DEvELOPMENT INC. Market Wharf 416-861-8181 • from $260,000 17M106 CONTExT DEvELOPMENT INC. Library District Condominiums 416-861-8181 • from $222,000 17M109 THE BROWNSTONE GROuP OF COMPANIES Brownstones in Davenport village 416-531-7760 from $245,000 9J109 THE BROWNSTONE GROuP OF COMPANIES Brownstones on the Park 416-531-7760 • from $260,000 9J110 GREAT GuLF Charlie 416-927-9772 • from $960,000 14M114 PLAzA Ivory On Adelaide 647-341-1731 • from $279,000 17L117 BAzIS INC. Exhibit 416-967-7778 • 14I117 METROPIA Exhibit 416-967-7778 • 14I117 PLAzA Exhibit 416-967-7778 • 14I118 PEMBERTON GROuP u Condominiums 416-546-6605 • from $750,000 15K120 THE DANIELS CORPORATION One Park West 416-955-0559 • from $406,000 18J120 THE DANIELS CORPORATION One Park Place Condominiums 416-955-0559 • from $200,000 18J122 THE DANIELS CORPORATION Festival Tower 416-203-2020 • from $350,000 M14124 PINNACLE INTERNATIONAL The Pinnacle on Adelaide 416-596-1600 • from $350,000 15M126 GREAT GuLF x2 416-927-0080 • from $500,000 16J126 LIFETIME DEvELOPMENTS x2 416-927-0080 • from $303,000 16J128 LIFETIME DEvELOPMENTS Bisha Hotel & Residences 416-637-2211 • from $274,000 16M129 CONCERT PROPERTIES 88 Scott 416-216-8588 • 17M130 TRIANGLE WEST DEvELOPMENT Art Condos 416-535-7775 • from $530,000 12N131 LANTERRA DEvELOPMENTS Riverhouse at the Old Mill 416-766-7343 • from $1592,000 5L131 TRIDEL CORPORATION Two Old Mill 416-645-7022 • from $356,000 5L131 TRIDEL CORPORATION Old Mill 416-645-7022 • from $450,000 5L133 TRIBuTE COMMuNITIES RCM I on university 647-351-9247 • from $393,000 14M134 TRIBuTE COMMuNITIES Queen & Portland 416-363-4800 • from $315,000 15I135 GRAYWOOD DEvELOPMENTS 5 St. Joseph 416-928-0555 • • from $250,000 16J135 MOD DEvELOPMENTS INC. 5 St. Joseph 416-928-0555 • • from $250,000 16J137 ALTERRA HOMES/FINER SPACE Post House Condominium 416-964-2777 • from $350,000 16L141 BSAR LTD 12 Degrees 416-408-1200 • from $350,000 15L142 ANDRIN HOMES The Berwick 416-922-9425 from $280,000 14E148 GRAYWOOD/BEAvERHALL DEvELOPMENT The Mercer 416-597-6940 • from $350,000 15M151 CITYzEN Backstage on the Esplanade 416-777-2533 17M151 FERNBROOK HOMES Backstage on the Esplanade 416-777-2533 17M151 FERNBROOK HOMES vero 416-798-7070 from $250,000 17M153 uRBAN CAPITAL Tableau Condominiums 416-591-8887 • • from $450,000 15L153 MALIBu INvESTMENTS INC. Tableau Condominiums 416-591-8887 • • from $350,000 15L153 ALIT DEvELOPMENTS Tableau Condominiums 416-591-8887 • • from $350,000 15L154 TRE MEMOvIA DEvELOPMENTS Carmelina 416-423-8500 • from $325,000 23J155 LIFETIME DEvELOPMENTS The Yorkville Condominiums 416-987-3344 • • from $550,000 15G157 CASTLEPOINT/CITYzEN/FERNBROOK L Tower 416-777-2533 • from $410,000 17L162 PIANOSI DEvELOPMENTS Perspective Condos 416-242-3500 from $300,000 4H165 SORBARA GROuP thirtytwo Camden 416-860-0060 • from $240,000 14L170 STREETCAR DEvELOPMENT 8 Gladstone 416-690-9009 • from $335,000 M12173 MIzRAHI | KHALILI DEvELOPMENTS 133 Hazelton Residence 416-926-9900 • 14I175 SORBARA GROuP 210 Simcoe 416-217-0210 • from $420,000 15M179 GRAYWOOD DEvELOPMENTS Five Condos 416-928-0555 • • from $375,000 15J179 MOD DEvELOPMENTS INC. Five Condos 416-928-0555 • • from $375,000 15J184 RESERvE PROPERTIES Rise 416-546-7399 • • from $290,000 12H184 RESERvE PROPERTIES Model Suite of the Month • 12H185 PEMBERTON GROuP Neon 416-987-7878 • from $470,000 14D186 STREETCAR DEvELOPMENT The Carlaw 416-690-8588 • from $200,000 19K188 GREENPARK HOMES Allure Condominiums 416-487-7600 • from $350,000 14F189 THE DANIELS CORPORATION Cinema Tower Condominiums 416-203-2020 • from $450,000 14M191 TRI-WIN DEvELOPMENTS INC FAD Condos 416-815-1818 • from $250,000 14M192 MINTOuRBAN COMMuNITIES INC. 30 Roe 416-915-3812 • from $397,000 14E195 LIFETIME DEvELOPMENTS INDx 416-987-4639 • 16M195 CENTRE COuRT DEvELOPMENT INDx 416-987-4639 • 16M197 STREETCAR DEvELOPMENT The Carnaby 416-690-9009 • from $250,000 12M198 MENKES DEvELOPMENTS INC. Noir 416-977-8780 • from $250,000 15M199 FIELDGATE HOMES 90 Niagara 416-981-0036 from $347,000 14O200 FREED SIxTY Colborne 416-601-0060 • from $300,000 16L200 CARTTERA SIxTY Colborne 416-598-7775 • from $300,000 16L206 MOD DEvELOPMENTS INC. The Massey Tower 416-966-0197 • • from $320,000 16L207 RESERvE PROPERTIES 109Oz 416-531-4844 • from $300,000 12M210 CASTLEPOINT/NuMA The Sterling 416-777-2533 • • from $230,000 9L215 DuNDEE KILMER DEvELOPMENTS Canary District Condominiums 416-603-7576 • from $250,000 18L217 TORBEL GROuP Wallace Walk 416-531-1818 • from $210,000 9L217 BAYWOOD HOMES TEN93 Queen West 905-326-4100 • from $280,000 12F219 TAS DESIGNBuILD Duke Condos junctionlife.ca 8K220 LAMB DEvELOPMENT CORP. King Charlotte 416-368-5262 • from $416,000 15M221 LAMB DEvELOPMENT CORP. Theatre Park 416-368-5262 • from $537,000 16M223 CONCORD ADEx FWD at Concord CityPlace 416-813-0999 • • 15M
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# Builder Site Telephone TH* C* Price Range Page Finder
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554
*TH: Townhomes, C: Condo
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
100 101
6 CONCORD ADEx Omega On The Park 416-813-2999 • • 18-19 22C12 GHODS BuILDERS INC. 5959 Yonge Street 416-222-5959 • from $289,000 77 18A13 LIBERTY DEvELOPMENT CORP. The Village Residences www.villageResidences.ca • 35 20D16 uRBAN CAPITAL The Ravine 416-850-2489 • • from $250,000 13 25E19 MADISON HOMES Briar Hill madisonhomes.ca • • from $350,000 60-61 12F40 MENKES DEvELOPMENTS INC. Gibson Square 416-730-9722 • from $837,000 Insert 17C96 ELAD CANADA Fifth on the Park 416-492-0001 • from $250,000 69 24C121 LIBERTY DEvELOPMENT CORP. World on Yonge CondoHomeShow.ca • from $284,000 37 18A123 BRANDY LANE HOMES The Station 416-398-9777 • from $305,000 17 12D1 CONCORD ADEx Opus 416-813-2999 • • 22C1 FRAM BuILDING GROuP 128 Connect Condos connectfairview.com 24C2 TORBEL GROuP The Avanti Condominiums 416-636-0400 from $390,000 17C3 YYzED PROJECT MANAGEMENT vISTO vistocondos.ca from $220,000 8E3 TIFFANY PARK HOMES Westhaven 416-792-6655 • from $633,000 23G4 TRIDEL CORPORATION Hullmark Centre 416-733-2883 • from $524,000 18D4 TRIDEL CORPORATION Aristo at Avonshire 416-730-0300 • from $383,000 18D5 LINDvEST The Brownstones at Westown lindvest.com from $330,000 4C6 CONCORD ADEx Tango at Concord Park Place 416-813-2999 • • from $236,000 22C6 CONCORD ADEx Discovery at Concord Park Place 416-813-2999 • 22C6 CONCORD ADEx Discovery II at Concord Park Place 416-813-2999 • • from $210,000 22C6 CONCORD ADEx Tango2 at Concord Park Place 416-813-2999 • from $265,000 22C7 FRAM BuILDING GROuP SOuL mysoulcondos.ca from $250,000 25C8 CONSERvATORY GROuP Pearl 2 Condominiums 416-512-1818 • 17C9 SORBARA GROuP Beacon beaconcondos.ca • from $290,000 17C10 BAzIS INC. Emerald Park 416-221-8802 • from $188,000 17C10 METROPIA Emerald Park 416-221-8802 • from $188,000 17C10 PLAzA Emerald Park 416-221-8802 • from $188,000 17C11 CASTLE GROuP Insignia Residences at Bayview village 416-304-1212 from $350,000 20C13 CASTLE GROuP DEvELOPMENTS vida at Bayview village 416-304-1212 from $200,000 20D14 TORBEL GROuP Diva Condo DivaCondo.com from $225,000 11C15 PHANTOM DEvELOPMENTS Tea Garden Condos teagardencondos.com • from $250,000 19C16 ALIT DEvELOPMENTS The Ravine 416-850-2489 • • from $250,000 25E17 CHESTNuT HILL DEvELOPMENT Lotus Condominiums 416-222-8338 • from $299,000 19C18 KuBO DEvELOPMENTS Marquette urban Towns 416-551-9767 • from $300,000 14E21 TRIDEL CORPORATION Argento 416-663-1818 • from $562,000 22E25 CONTExT DEvELOPMENT INC. The Yorkdale Condominiums 416-781-9990 • from $170,000 12E25 METROPIA The Yorkdale Condominiums 416-781-9990 • from $170,000 12E28 TRIDEL CORPORATION Alto at Atria 416-645-8866 • from $288,000 25D33 CASTLE ROYALE DEvELOPMENT The Palm Condominium Residences 416-306-1000 • from $400,000 17B37 NORSTAR GROuP OF COMPANIES Portrait Condominiums 416-282-9600 • from $300,000 13C50 MINTOuRBAN COMMuNITIES INC. 88 416-915-3805 • from $330,000 18C50 DEvRON DEvELOPMENTS Flo Condominiums 647-799-0356 • from $250,000 18C95 ASPEN RIDGE HOMES Scenic on Eglinton 416-805-1781 • 23G96 ELAD CANADA Emerald City Condominiums 416-492-0001 • from $250,000 24C96 ELAD CANADA Dreamtower At Emerald City 416-492-0001 • from $248,000 24C96 ELAD CANADA Biyu Emerald City biyucondos.com • from $250,000 24C96 ELAD CANADA The Colours of Emerald City coloursofemeraldcity.com • from $250,000 24C101 KANTIuM DEvELOPMENT Posh Condominiums 905-771-0134 • from $544,000 16A122 LANTERRA DEvELOPMENTS Treviso Condominiums 416-787-8882 • from $203,000 12F122 LANTERRA DEvELOPMENTS Treviso II 416-787-8882 • from $250,000 12F122 LANTERRA DEvELOPMENTS Treviso III 416-787-8882 • from $250,000 12F124 TRIDEL CORPORATION Trio at Atria 416-645-8866 from $255,000 24C125 FRAM BuILDING GROuP LIv Lofts 416-445-5638 • from $250,000 22F128 THE DANIELS CORPORATION NY Place 416-221-3939 • from $250,000 19C128 THE DANIELS CORPORATION NY2 416-221-3939 from $250,000 19C130 TRIBuTE COMMuNITIES Canterbury 647-352-2130 • • from $700,000 19F132 FRAM BuILDING GROuP/CADILLAC FAIRvIEW Flaire Condos 416-445-8868 • from $320,000 22F
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Rexdale BlvdKipling
Ave
Islington A
ve
Dixon Rd
W estway
27
62
10
46
35
34
58
2
50
70
617
4 397
12
65 25
22
44
21
18
51
56
16
19 24
toro
ntor
egio
nalm
aps: S
carb
orou
gh, E
tobi
coke
400
401
401
Steeles Ave
128 6
1 11
13
15 17
7
28
16
96
95
132
2
4
21
33
12
9
14
18
19
5
121101
840
125130
37
99
122
123
124
5010
325
A
B
C
D
E
F
G
H
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26
401401
EastA
vePo
rt Un
ion
Rd
Cen
tenn
ial
Mo
rrish R
d 2A
Gallo
way R
d
Sheppard Ave ECo
nlin
s Rd
Kingston RD
Man
se Rd
Scarbo
rou
gh
Go
lf Rd
Orto
n Park R
d
Milner Ave
Mo
rnin
gsid
eA
ve
Bellam
y Rd
Sylvan Ave
Brimorton Dr
Markh
am R
dMcC
ow
an R
d
Brim
ley Rd
Pharm
acy Rd
Ward
enA
ve
Ken
ned
y Rd
Danfo
rthAve
Eglinton Ave E
St. Clair Ave Kingston Rd
Birch
mo
un
t Rd
Lawrence Ave E
Mid
land
Ave
Beare R
d
Reeso
r Rd
Sewells R
d
Mead
ow
vale Rd
Passmore Ave
Neilso
n R
d
McC
ow
an R
d
Tapsco
tt Rd
McLevin Ave
Finch Ave E
McNicoll Ave
Ellesmere Rd
Sheppard Ave E
Huntingwood Dr
401
Progress Ave
Victo
ria Park
1
914
28
13 23
60
15
11
3
61
29 712720
55
26
Etobicoke
Scarborough
# Builder Site Telephone TH* C* Price Range Page Finder
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554
*TH: Townhomes, C: Condo
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information. 101
8 TRIDEL CORPORATION Islington Terrace 416-645-8862 • from $250,000 BC 23F16 CONCERT PROPERTIES The KIP District thekipdistrict.com • from $233,000 65 22F18 MONARCH CORPORATION Lago 416-495-3544 • from $250,000 Insert 25C18 MATTAMY HOMES Lago 416-495-3544 • from $250,000 Insert 25C22 MENKES DEvELOPMENTS INC. Humber Mews 416-259-2525 • from $550,000 Insert 20H23 CITYCORE Harmony Village 416-493-0123 • 92 2C27 GLOBAL KINGDOM MINISTRIES Trinity Ravine Towers 647-876-5433 • from $270,000 89 7D28 LIBERTY DEvELOPMENT CORP. Terrace on Danforth CondoHomeShow.ca • from $260,000 37 2G39 MONARCH CORPORATION Waterscapes 416-495-3544 • from $400,000 Insert 26H39 MATTAMY HOMES Waterscapes 416-495-3544 • from $400,000 Insert 26H50 PEMBERTON GROuP Vivid Condos 416-239-8200 • from $320,000 8 23F1 INSOHO DEvELOPMENTS Imagine Condos 416-367-7303 from $235,000 4F2 STANTON RENAISSANCE On The Go Mimico 647-692-8417 • from $250,000 23H3 DEvRON DEvELOPMENTS The Academy academycondos.com • from $220,000 10D3 LEMINE INvESTMENT GROuP The Academy academycondos.com • from $220,000 10D4 MONARCH CORPORATION Nautilus at Waterview 416-203-6636 • from $400,000 25H5 MONARCH CORPORATION The Epicurean 416-495-3530 • from $250,000 24F6 CONSERvATORY GROuP Altitude 416-321-1659 • from $230,000 25H7 GREAT GuLF One Sherway Condominiums 416-695-3535 • from $280,000 20G7 MENKES DEvELOPMENTS INC. One Sherway Condominiums 416-695-3535 • 20G9 WILKINSON DEvELOPMENTS Hunt Club Terrace 416-698-3020 • 2H10 LASH GROuP OF COMPANIES Cloud 9 Condominiums 416-747-0199 • from $230,000 22B10 CARTTERA Cloud 9 Condominiums 416-800-0812 • from $230,000 22B11 SCOLLARD DEvELOPMENT Guildwood 416-266-3655 • from $200,000 8F12 NATIONAL HOMES Richview 416-746-1234 • from $570,000 23D13 AvERTON HOMES Jasmine Condominiums 416-702-1234 • from $250,000 2C13 OPEARL DEvELOPMENTS Sail Condominiums sailcondos.ca • from $200,000 2C14 INFINITY DEvELOPMENTS Residences at The Hunt Club 416-699-1711 • from $300,000 2G15 ESQuIRE HOMES Three Seven Condos & Lofts esquirehomes.ca • from $210,000 12D17 TIMES GROuP CORP. Key West Condominium keywesttorontocondo.com from $320,000 25H19 ICON HOMES Royal York urban Towns 416-901-0206 • from $220,000 24H20 HENDERSON DEvELOPMENT LIMITED Centro 416-296-1898 • from $185,000 5D21 MENKES DEvELOPMENTS INC. Dwell City Towns 416-259-2525 • from $390,000 20F24 DAvIES SMITH Eleven Superior 416-259-8882 • from $300,000 24H25 QuEENSCORP RESIDENCES Watermark 416-354-2221 • from $350,000 23H26 GEMTERRA Joy Condos joycondos.com • from $220,000 4C29 MONARCH CORPORATION Encore 416-495-3544 • 6D34 EDILCAN DEvELOPMENT CORP. Triumph at valhalla 416-233-5554 • from $250,000 21F35 TRIDEL CORPORATION Parc Nuvo at Essex 416-231-0999 • from $456,000 22G44 TRIDEL CORPORATION West village 416-620-1887 • from $290,000 20F46 REMINGTON GROuP IQ Condos Phase 2 416-253-5838 • from $170,000 23G50 NORTH STAR HOMES Connexion at Islington northstarhomesinc.com • from $320,000 23F51 ALTERRA HOMES/FINER SPACE Westwood Condominiums 416-239-9888 • from $250,000 23F55 TRIDEL CORPORATION Avani At Metrogate 416-293-5535 • from $240,000 4C55 TRIDEL CORPORATION Avani 2 At Metrogate 416-293-5535 • from $220,000 4C56 PHANTOM DEvELOPMENTS Jade Condominiums 416-762-8818 • from $293,000 25G60 YOuR HOME DEvELOPMENTS Nature’s Path 416-745-6686 • • from $270,000 11E61 vHL DEvELOPMENTS LTD. 2150 Condos 416-750-2150 • 3E61 vHL DEvELOPMENTS LTD. Haven On The Bluffs 416-2611-9555 • from $160,000 3E62 ROYALE GRAND WOODBINE DEvELOPMENTS Lexington 416-638-8444 • from $240,000 21C65 MINTOuRBAN COMMuNITIES INC. South Shore 416-913-2136 • from $350,000 22H70 FIRST AvENuE PROPERTIES Qube Condos 647-351-7823 • from $200,000 24G71 LASH GROuP OF COMPANIES Me Condos 416-430-0003 • from $250,000 8D
098-Condo_Maps&List.indd 4 28/07/15 17:51:43
Lakeshore
Blvd W
SpadinaA
ve
University
Ave
Avenue Rd
Jarvis St
Dufferin
Spadina Rd
Gerard St E
Cosburn AveO'Conner Ave
Laird Dr Victoria ParkCoxw
ell Ave
Woodbine
Ave
St Clair Ave E
Don
Valley
Parkway
DonVa
lley P
arkw
ay
DonVa
lley P
arkw
ay
Jane St
Keele St
Rogers Rd
Dufferin St
Vaughan RdEglinton Ave W
Eglinton Ave W
Weston Rd
Lakeshore
Blvd WQEWQEW
Landsdowne
Gardiner Expressway5 29
11
12
2110
2360 1
154
8
58
wate
rfro
ntm
aps: To
ron
ToA
b
c
d
e
f
g
h
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26
Toronto Waterfront
# builder Site Telephone Th* c* Price range Page finder
Attention builders - Want to add your community to our maps? need to update existing information? Please fax the details to 416-789-9554
*Th: Townhomes, c: condo
highlighted listings are advertised in this issue of condo guide. Please refer to page number for complete information.102
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
1 MenkeS develoPMenTS Inc. Harbour plaza 416-591-7700 • from$350,000 Insert 14f
15 The dAnIelS corPorATIon Daniels Waterfront 416-221-3939 • from$280,000 43 16f
18 UrbAn cAPITAl RC3 416-862-0505 • from$220,000 5116F
58 greAT gUlf Monde 416-466-8885 • • from$320,000 25 17E
60 cAnAlfA groUP Liberty Central by the Lake Two 416-537-0047 • from$250,000 52-53 11f
2 concord Adex FWDatConcordCityPlace 416-813-0999 • • 13F
3 concord Adex QuartzatConcordCityPlace 416-813-0999 • • 12f
3 concord Adex ParadeTWo Park collection at concord cityPlace 416-813-0999 • from$308,000 15M
4 MonArch corPorATIon NautilusatWaterview- 416-203-6636 • from$400,000 25H
4 TrIdel corPorATIon AqualinaatBaysideToronto 416-514-2710 • 16e
4 TrIdel corPorATIon Aquavista at bayside Toronto 416-514-2710 • from$1,000,000 16e
5 creSford develoPMenT corP. NXTatWindermereByTheLake 416-977-5300 • • from$350,000 11f
5 creSford develoPMenT corP. NXT2/PhaseTwo 416-977-5300 • • from$210,000 4E
8 concord Adex SpectraatConcordCityPlace 416-813-0999 • • 14f
10 greAT gUlf TwentyLombard 416-499-8883 • from$492,000 16k
11 CAMROSTFELCORP CaliforniaCondominiums sunsetcondos.ca • from$242,000 25G
18 URBANCAPITAL RiverCity2 416-862-0505 • from$276,000 16F
29 PInnAcle InTernATIonAl 33 bay residences at Pinnacle centre 416-925-3325 • from$375,000 15f
102-103-Waterfront Maps & List.indd 98 28/07/15 17:51:50
401
409
QEW
Horner Ave
Queensway
Ro
yal York R
d
Evans AveGardiner Expressway
Lakeshore Blvd E
Park Lawn
Mill Rd
Ran
forth
Dr
Dundas St W
Bloor St W
Rathburn Rd
Scarlett Rd
Martin
Gro
ve Rd
Albion Rd
Hu
mb
erline D
r
Finch Ave W
Rexdale Bv
Kip
ling
Ave
Isling
ton
Ave
Dixon Rd
Westway
27
25
28
23
5
18
wate
rfro
ntm
aps: g
TA
A
b
c
d
e
f
g
h
I
k
J
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26
Brampton
Torbram Rd
Goreway Dr
Dixie Rd
Bramalea Rd
McVean Dr
Clarkway Dr
Gore Rd
Bova
ird D
r.
Coun
trys
ide
Dr
Airport Rd
Winston Churchill Blvd
Wan
less
Driv
e/Co
nser
vatio
n Dr
Embleton Rd
Sand
alw
ood
Pkw
y
Que
en S
t W
Que
en S
t W
Main St N
East
Dr
Hwy 10
Stee
les A
ve W
Kennedy Rd S
McM
urchy Ave SHwy
7
Torbram Rd
Goreway Dr
Dixie Rd
Bramalea Rd
McVean Dr
Clarkway Dr
Gore Rd
Bova
ird D
r.
Coun
trys
ide
Dr
Airport Rd
Winston Churchill Blvd
Wan
less
Driv
e/Co
nser
vatio
n Dr
Embleton Rd
Sand
alw
ood
Pkw
y
Que
en S
t W
Que
en S
t W
Main St N
East
Dr
Hwy 10
Stee
les A
ve W
Kennedy Rd S
McM
urchy Ave SHwy
7
Mor
ning
Sta
r Dr
Drew
Rd
Derry
Rd
E
Airport Rd
Cour
tney
Par
k Dr
Brita
nnia
Rd
E
Kennedy Rd Tomken Rd
Mat
heso
n Bl
vd E
Eglin
ton
Ave
Brita
nnia
Rd
W
Hurontario St
Matheson Blvd E
Cere
mon
ial D
r
Central Pkwy E
Burn
ham
thor
pe R
d W
Rath
burn
Rd
EDun
das S
t E
Fieldgate Dr
The
Que
ensw
ay
Dixie Rd
QEW
Spea
kman
Dr
Sher
idan
Par
k Dr
Trus
cott
Dr
Lake
shor
e Rd
W
Roya
l Win
dsor
Dr
Que
en S
t W
Indian Rd
Cawthra Rd
Que
en S
t E
Ridgeway Dr
Colonial Dr
The
Colle
gew
ay
Erindale Station Rd
Mavis Rd
Wolfedale Rd
Winston Churchill Blvd
Rath
burn
Rd
W
Hurontario St10 Line Rd
Edenwood Dr
Derry
Rd
W
Millcreek Dr
Erin Mills Pkwy
Mississauga Rd
Erin Mills Pkwy
Creditview Rd
4 Line Rd
Burn
ham
thor
pe R
d W
Bronte Rd
6 Line Rd
Burn
ham
thor
pe R
d E
Dunda
s St W
Upper
Mid
dle
Rd
Tremaine Rd
Nottinghill Gate
9 Line Rd
Lake
shor
e Rd
E
4 Line Rd
Spee
rs Rd
Lake
shor
e Rd
W
Burloak Rd
Mac
Donal
d Rd
Kerr St
Trafalgar Rd
8 Line RdFord Dr
Devon Rd
Corn
wal
l Rd
Brid
ge R
d
410
401
QEW
QEW
403
401
403
25
Mississauga
11
6
912
Oakville
1
4
etobicoke Waterfront
WhitbyWaterfront
East Gwillimbury
Bradford
Uxbridge
Scugog
Lindsay
Manvers
Newcastle
Georgina Island 33
AngusLisle
Everett
Lake Scugog
Bobcaygeon
Georgina
Sunnidale
VespraWasaga Beach
Mara
Orillia
Bracebridge
Schomberg
Tecumseth and Tottenham
Adjala
MonoShelburne
King
Essa
Tosorontio
Thornbury
Lake Si
mcoe
Cannington
Barrie
Georgian Bay
Midland Tay
Oro
OshawaWhitby
Alliston,
Beeton,
Hw
y 50Keswick
400
11
11
400
400
400
48
401
48
7
69
69
93
27
27
9
910
24
89
90
oakvilleWaterfront
further north Waterfront
Mississauga Waterfront
# builder Site Telephone Th* c* Price range Page finder
Attention builders - Want to add your community to our maps? need to update existing information? Please fax the details to 416-789-9554
*Th: Townhomes, c: condo
highlighted listings are advertised in this issue of condo guide. Please refer to page number for complete information. 103
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
11 MonArch corP. Waterscapes 416-495-3544 • from $400,000 INSERT 13B
18 MonArch corPorATIon Riva Del Lago 416-495-3544 • from $300,000 INSERT 24C
28 eMPIre coMMUnITIeS Eau Du Soleil - Waterfront Condominiums 416-503-3328 • from$320,000 6-7 25B
1 WIndcATcher develoPMenT corP. Atwater condos 905-271-5038 • from$280,000 12c
2 STAnTon renAISSAnce on The go 647-692-8417 • from$250,000 23c
3 dAvIeS SMITh eleven Superior 416-259-8882 • from$300,000 23c
4 dUnSIre develoPMenTS Anchors at lakeview 905-990-1745 • from$420,000 13b
5 dAvIeS SMITh hearthstone by the bay 416-259-4466 • 24C
8 cheSTnUT hIll develoPMenT SanFranciscoByTheBay 905-831-3631 • • from$180,000 23J
25 qUeenScorP reSIdenceS Watermark 416-354-2221 • from$350,000 19D
401401
401
4 Sidelin
e R
9 Concession
12 Sidelin
e
8 Concession
6 Sidelin
e
4 Sidelin
e
Lake Rid
ge R
Brawley Rd
Myrtle Rd W
Co
chran
e
Columbus Rd
Ash
bu
rn R
d
Halls R
d N
Co
un
try Lane7 Concession
4 Sidelin
e R
6 Concession
20 Sidelin
e
16 Sidelin
e
Central StB
rock R
d
16 Sidelin
e
Padd
ock R
d 7
Bro
ck Rd
28 Sidelin
e
30 Sidelin
e
9 Concession
24 Sidelin
e
No
rth R
d
7 Conncession
32 Sidelin
e
Whitevale Rd
32 Sidelin
e
No
rth R
d
5 Concession
16 Sidelin
e
Bro
ck Rd
Green
wo
od
Rd
Ch
urch
St N
Fifth Conces
Lakeridg
e Rd
Salem R
d
Au
dley R
d
Westn
ey Rd
N
Co
ron
ation
R Co
un
try Lane
Salem R
d
Taunton Rd E
Ro
seban
k Rd
Alto
na R
d
Wh
ites Rd
4 Concession4 Concession
Alto
na R
d
3 Concession
Fairpo
rt Rd
Dixie R
d
Liverpo
ol R
d
Major O
aks R
Valley Farm
Bro
ck Rd
Rossland Rd
Riversid
e Dr
No
tion
Rd
Bro
ck Rd
Squ
ires Beach
Rd
Sand
y Beach
Montgomery F
Highview Rd
Ap
pleview
Rd
Stroud'sGlenanna Rd
Liverpo
ol R
d
Bayl
y
Granite CourtWh
ites Rd
Rougemount D
Lake Drivew
a
Harw
oo
dA
ve
Westney Rd S
Finley
Ave
Delaney Dr
Magill Dr
Kingston Rd
Raven
scroft
Bayly St E
Tow
nlin
e Rd
Dundas St E
Au
dley R
d
Ajax-W
hitb
yTaunton Rd W
McQ
uay B
v
Rossland Rd
Gard
en St
Bald
win
St S
Tho
rnto
n R
d
Thickso
n R
d
Conlin Rd
Stevenso
n R
d
Taunton Rd W
Conlin Rd
Ritso
n R
d N
Tow
nlin
e Rd
.
Mary St N
Beatrice St
Cen
tral Park
Gran
deview
S
Adelaide Ave
King St EHarm
on
y Rd
S
Gran
deview
S
Wentworth St
Park Rd
S
Adelaide Ave
Bond St W
Cen
tre St.
Olive Ave
Bloor St.
Garrard
Rd
King St W
Rossland Rd
Ken
dalw
oo
d R
Gibb St
Manning Rd
An
derso
n St
Gard
en St
Ho
pkin
s St
Phillip Murr
Stevenso
n R
d
Park Rd
S
Bloor St
Simcoe St S
Wilso
n R
d S
Bro
ck St S
Wentworth St
Blair St
Tho
rnto
n R
d
Hen
ry StB
rock
St N
Blair St
Ced
arbro
ok T
Bald
win
St ND
uffs R
d
12
Garrard
Rd
Harm
on
y Rd
N
Wilso
n R
d N
Stevenso
n R
d
Garrard
Rd G
rand
eview S
8 Concession
Rossland/Winchester R
Church St E
7
Finch Ave
Go
rdo
n St
Sho
al Poin
t Rd
Pickering
Beach
Rd
Ch
urch
St SSpru
ce Hill
Kingston Rd
Sheppard Ave
Ritso
n R
d S
Dryden Bv
Simcoe St N
Co
chran
e St
8
City ofPickering
Town ofAjax
Town ofWhitby
Village ofBrooklin
Town ofOshawa
102-103-Waterfront Maps & List.indd 99 28/07/15 17:51:52
104 NEW CONDO GUIDE AUGUST 1 - 29, 2015 AUGUST 1 - 29, 2015 NEW CONDO GUIDE 105
HOT CONDOMINIUM By Great GulfPhase 3 final release of this stylishboutique condominium is now on saleat Winston Churchill and Eglinton. Web: GreatGulf.com
PACE ON MAINBy Geranium HomesNow open, one-, two- and three-bedroom suites in Stouffville’s only boutique condominium just 10 minutes north ofMarkham. Web: PaceOnMain.com
OAKVILLAGE By Minto, Branthaven and EmshihNow open: master-planned townhome community coming to Dundas Street East and Trafalgar Road.Web: Oakvillage.ca
LEGACY PARK By Liberty Development Corp.Live in Thornhill’s most connected community at Bathurst and Centre Street. Web: LegacyParkCondos.com
URBAN TOWNDOMINIUMSBy Rosehaven HomesGrand opening continues at thesesensational homes located at Mississauga Road and Sandalwood Parkway.Web: RosehavenUrban.com
THE CRAFTSMAN CONDOMINIUMBy VandykSales centre and model suite now open.Check out these artisan-inspired condo residences, coming to Clarkson Village.Web: CraftsmanCondo.com
PINNACLE GRAND PARK 2 By Pinnacle International Brand new suites are now on sale at Pinnacle Grand Park 2, the newest addition to Mississauga’s skyline. Web: PinnacleGrandPark.ca
new releases & grand openings
previews & registrations
INDIGOBy Pemberton GroupRegister now for Indigo, Pemberton’s newest master-planned condominium community coming to Maple.Web: PembertonGroup.com
THE ARBORS CONDOMINIUMSBy Brookfield ResidentialLive an A-list lifestyle in an A-list location in Aurora. Register now for A-List Access to exclusive updates and your VIP Preview Invitation.Web: LiveArborsCondos.ca
BLOCK NINEBy AmaconComing soon to the heart of Mississauga. Register now to secure your spot. Web: LifeatParkside.com
SENSES CONDOMINIUMS By Empire CommunitiesSenses is the latest release at Empire’s successful Rain community at the bustling intersection of Speers Road and Kerr Streetin Oakville. Register for VIP access. Web: SensesCondos.com
UNIONVILLE GARDENSBy Wyview GroupGracious living coming soon to Hwy. 7and Village Parkway. Register for yourprivate appointment. Web: UnionvilleGardens.com
AMBERBy Pinnacle InternationalCondominium residences coming soon to Pinnacle Uptown, in Mississauga’s Hurontario and Eglinton neighbourhood. Register today. Web: PinnacleUptown.com
VILLE CONDOMINIUMS By Forest Green HomesRegister now for the best of urban livingand small-town charm, right in the heartof Streetsville in Mississauga.Web: VilleCondos.ca
THE SORRENTOBy Armour Heights DevelopmentsRegister now for this four-storey condominium offering European-style living in Richmond Hill.Web: TheSorrento.ca
THE MET CONDOSBy PlazaThe Met takes comfort and luxury to a whole new dimension. Web: TheMetCondos.com
CONDO WATCH
9 5Builders: If you would like toinclude your preview registration,new release or site opening in thisfeature, just email the details [email protected]
104 Condo Watch 905_L.indd 92 7/28/15 2:54 PM
IN THIS SECTION Maps and listings for new condo communities in the 905 region Builder news and the latest in condos in the 905
Your complete source for condos, lofts and townhomes in the GTA
GTA EditionAugust 1 - 29, 2015
105 905 Sec_VB.indd 81 7/28/15 12:15 PMTCG 08-01-15 master.indd 104 2015-07-28 3:35 PM
104 NEW CONDO GUIDE AUGUST 1 - 29, 2015 AUGUST 1 - 29, 2015 NEW CONDO GUIDE 105
HOT CONDOMINIUM By Great GulfPhase 3 final release of this stylishboutique condominium is now on saleat Winston Churchill and Eglinton. Web: GreatGulf.com
PACE ON MAINBy Geranium HomesNow open, one-, two- and three-bedroom suites in Stouffville’s only boutique condominium just 10 minutes north ofMarkham. Web: PaceOnMain.com
OAKVILLAGE By Minto, Branthaven and EmshihNow open: master-planned townhome community coming to Dundas Street East and Trafalgar Road.Web: Oakvillage.ca
LEGACY PARK By Liberty Development Corp.Live in Thornhill’s most connected community at Bathurst and Centre Street. Web: LegacyParkCondos.com
URBAN TOWNDOMINIUMSBy Rosehaven HomesGrand opening continues at thesesensational homes located at Mississauga Road and Sandalwood Parkway.Web: RosehavenUrban.com
THE CRAFTSMAN CONDOMINIUMBy VandykSales centre and model suite now open.Check out these artisan-inspired condo residences, coming to Clarkson Village.Web: CraftsmanCondo.com
PINNACLE GRAND PARK 2 By Pinnacle International Brand new suites are now on sale at Pinnacle Grand Park 2, the newest addition to Mississauga’s skyline. Web: PinnacleGrandPark.ca
new releases & grand openings
previews & registrations
INDIGOBy Pemberton GroupRegister now for Indigo, Pemberton’s newest master-planned condominium community coming to Maple.Web: PembertonGroup.com
THE ARBORS CONDOMINIUMSBy Brookfield ResidentialLive an A-list lifestyle in an A-list location in Aurora. Register now for A-List Access to exclusive updates and your VIP Preview Invitation.Web: LiveArborsCondos.ca
BLOCK NINEBy AmaconComing soon to the heart of Mississauga. Register now to secure your spot. Web: LifeatParkside.com
SENSES CONDOMINIUMS By Empire CommunitiesSenses is the latest release at Empire’s successful Rain community at the bustling intersection of Speers Road and Kerr Streetin Oakville. Register for VIP access. Web: SensesCondos.com
UNIONVILLE GARDENSBy Wyview GroupGracious living coming soon to Hwy. 7and Village Parkway. Register for yourprivate appointment. Web: UnionvilleGardens.com
AMBERBy Pinnacle InternationalCondominium residences coming soon to Pinnacle Uptown, in Mississauga’s Hurontario and Eglinton neighbourhood. Register today. Web: PinnacleUptown.com
VILLE CONDOMINIUMS By Forest Green HomesRegister now for the best of urban livingand small-town charm, right in the heartof Streetsville in Mississauga.Web: VilleCondos.ca
THE SORRENTOBy Armour Heights DevelopmentsRegister now for this four-storey condominium offering European-style living in Richmond Hill.Web: TheSorrento.ca
THE MET CONDOSBy PlazaThe Met takes comfort and luxury to a whole new dimension. Web: TheMetCondos.com
CONDO WATCH
9 5Builders: If you would like toinclude your preview registration,new release or site opening in thisfeature, just email the details [email protected]
104 Condo Watch 905_L.indd 92 7/28/15 2:54 PM
IN THIS SECTION Maps and listings for new condo communities in the 905 region Builder news and the latest in condos in the 905
Your complete source for condos, lofts and townhomes in the GTA
GTA EditionAugust 1 - 29, 2015
105 905 Sec_VB.indd 81 7/28/15 12:15 PMTCG 08-01-15 master.indd 105 2015-07-28 3:35 PM
NOW OPEN
905-637-3885 • theberkeleycondo.com
IN THE HEART OF DOWNTOWN BURLINGTON
Prices and specifi cations are subject to change without notice. E. & O.E. Rendering is artist’s concept.
BURLINGTON
SALES CENTRE: 2107 OLD LAKESHORE ROAD, L7R 1A4SALES CENTRE HOURS:MON-THURS 4 PM-8 PMSAT & SUN 1 PM-5 PM
CLOSED FRIDAYS
Located on Maria Street, a nice quiet residential tree-lined neighbourhood area right downtown, The Berkeley is away from the
hustle and bustle of the lakeshore yet within easy walking distance of all downtown Burlington’s shops, restaurants and entertainment.
HOTEL INSPIRED CONDO LIVING
CARR-BER-A-AD-CONDOGUIDE-JUNE29-5.indd 1 6/29/15 11:42 AM106-CariageGate-Berekley 07-04-15.indd 106 2015-07-28 4:38 PM
Exclusive Listing: Baker Real Estate Incorporated, Brokerage. Brokers Protected. * See Sales Representative for details. Prices and specifications subject to change without notice. E. & O.E.
Presentation Centre + Model Suite: 1284 Guelph Line, Burlington, Just north of the QEW south of Upper Middle Rd.Monday - Wednesday: 2pm - 7pm • Thursday & Friday: By Appointment • Saturday, Sunday & Holidays; 12 - 5pm
www.adidevelopments.com • 905-592-2144
L I M I T E D T I M E O P P O R T U N I T Y !
FINAL FEW SUITES $338,990from only
TOUR OUR DECORATED MODEL SUITE
MOVE IN NOW!
ONLY 5% DEPOSIT*
CASHBACK BONUS*
FREE CONDO FEESFor one year*
N
LAKE ONTARIO
Upper Middle Rd.
Guel
ph L
ine
Wal
kers
Lin
e
Bran
dt S
t.
QEWHWY 403
HWY 407
QEW
PRESENTATIONCENTRE
Mod'rn_NHC_July21_Layout 1 7/27/15 10:01 AM Page 1
AUGUST 1 - 29, 2015 NEW CONDO GUIDE 107
107-Adi-Modern 08-01-15.indd 107 2015-07-27 7:53 PM
* See Sales Representative for complete details. Illustration is artist’s concept. Prices and specificaton subject to change without notice. E. & O. E. Exclusive Listing: Baker Real Estate Incorporated, Brokerage. Brokers Protected.
SIMPLY THE BESTin Burlington
PRESENTATION CENTRE & DECORATED MODEL SUITE: 5210 Dundas Street West, Burlington
HOURS: Monday to Thursday: 2 - 7pm • Fridays by apptSaturdays, Sundays and Holidays: 12 - 5 pm
www.adidevelopments.com 905-592-2028
Chic New Urban Designs From $224,990SUITE SUMMER DEALS
FREE KITCHEN ISLANDFREE CONDO FEES
For 2 YearsOn All Lofts + Garden Villas**
PLUS
$5,000IN FREE UPGRADES*
Up To
EASY TO OWNDeposit Program*
$3,0003 %
Balance To 3% in 30 Days
IN 90 DAYSIN 180 DAYSIN 210 DAYSIN 240 DAYS
N
LAKE ONTARIO
LAKESHORE RD.
PRESENTATIONCENTRE
QEW / Hwy. 403Appl
eby
Line
Bron
te R
oad
HWY 407
Sutt
on D
rive
Dundas Street West
Construction Starts This Summer!
Tour Our Decorated Model Suite
* See Sales Representative for complete details. ** Promotion runs until August 16, 2015. Illustrations are artist’s concept. Prices and specificaton subject to change without notice. E. & O. E. Exclusive Listing: Baker Real Estate Incorporated, Brokerage. Brokers Protected.
ON SIGNING
108-Adi-Link2 08-01-15.indd 108 2015-07-27 7:53 PM
HOW WOULD YOU SPEND$20,000?*
BUY NOW AND RECEIVE $20,000*
VISIT OUR SALES CENTRE: 9612 YONGE STREET 905.907.4370 www.grandpalace.ca
MAJOR MACKENZIE DR.
WELDRICK RD.
HILLCREST MALL YO
NG
E ST
.
BAYV
IEW
AVE
.
16TH AVE.
407
9612 Yonge Street
Prices & specifications subject to change without notice, E. & O. E. *Limited Time offer. See Sales Representatives for full details.
Under construction with Winter 2015 occupancy
WINTER GARDEN GRAND SUITE
LUXURY CONDOMINIUMS FROM $306,990
FOR A LIMITED TIME:
HOW WOULD YOU SPEND$20,000?*
BUY NOW AND RECEIVE $20,000*
VISIT OUR SALES CENTRE: 9612 YONGE STREET 905.907.4370 www.grandpalace.ca
MAJOR MACKENZIE DR.
WELDRICK RD.
HILLCREST MALL YO
NG
E ST
.
BAYV
IEW
AVE
.
16TH AVE.
407
9612 Yonge Street
Prices & specifications subject to change without notice, E. & O. E. *Limited Time offer. See Sales Representatives for full details.
Under construction with Winter 2015 occupancy
WINTER GARDEN GRAND SUITE
LUXURY CONDOMINIUMS FROM $306,990
FOR A LIMITED TIME:
HOW WOULD YOU SPEND$20,000?*
BUY NOW AND RECEIVE $20,000*
VISIT OUR SALES CENTRE: 9612 YONGE STREET 905.907.4370 www.grandpalace.ca
MAJOR MACKENZIE DR.
WELDRICK RD.
HILLCREST MALL YO
NG
E ST
.
BAYV
IEW
AVE
.
16TH AVE.
407
9612 Yonge Street
Prices & specifications subject to change without notice, E. & O. E. *Limited Time offer. See Sales Representatives for full details.
Under construction with Winter 2015 occupancy
WINTER GARDEN GRAND SUITE
LUXURY CONDOMINIUMS FROM $306,990
FOR A LIMITED TIME:
HOW WOULD YOU SPEND$20,000?*
BUY NOW AND RECEIVE $20,000*
VISIT OUR SALES CENTRE: 9612 YONGE STREET 905.907.4370 www.grandpalace.ca
MAJOR MACKENZIE DR.
WELDRICK RD.
HILLCREST MALL YO
NG
E ST
.
BAYV
IEW
AVE
.
16TH AVE.
407
9612 Yonge Street
Prices & specifications subject to change without notice, E. & O. E. *Limited Time offer. See Sales Representatives for full details.
Under construction with Winter 2015 occupancy
WINTER GARDEN GRAND SUITE
LUXURY CONDOMINIUMS FROM $306,990
FOR A LIMITED TIME:
AUGUST 1 - 29, 2015 NEW CONDO GUIDE 109
109-Guizzetti-GrandPalace 04-25-15.indd 109 2015-07-27 7:54 PM
905
regio
nalm
aps:
Bur
lingto
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pto
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issi
ssaug
a, O
akv
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Fur
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Wes
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orth
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26
Brampton
Mississauga
Oakville
Caledon
Bolton
Hurontario St
25th
Sid
eroa
d
Winston Churchill Blvd
1st Line W
Fork
s of t
he C
redi
t Rd
Bramalea Rd
Wal
ker R
d
4th Line
Heart Lake Rd
McLaughlin Rd
Bost
on M
ills R
d
10th
Side
road
Old
Sch
ool R
d
Heritage Rd
Mississauga Rd
Creditview Rd
Chinguacousy Rd
Heart Lake Rd
50
20th
Sid
eroa
d
Sixth Line
9th Line
10th Line
3rd Line2nd Line
5th Line4th Line
King
St E
Airport Rd
Torbram Rd
Goreway Dr
Dixie Rd
Bramalea Rd
McVean Dr
Clarkway Dr
Gore Rd
Bova
ird D
r.
Coun
trys
ide
Dr
Airport Rd
Winston Churchill Blvd
Wan
less
Driv
e/Co
nser
vatio
n Dr
Embleton Rd
Sand
alw
ood
Pkw
y
Que
en S
t W
Que
en S
t W
Main St N
East
Dr
Hwy 10
Stee
les A
ve W
Kennedy Rd S
McM
urchy Ave SHwy
7
Mor
ning
Sta
r Dr
Drew
Rd
Derry
Rd
E
Airport Rd
Cour
tney
Par
k Dr
Brita
nnia
Rd
E
Kennedy Rd Tomken Rd
Mat
heso
n Bl
vd E
Eglin
ton
Ave
Brita
nnia
Rd
W
Hurontario St
Matheson Blvd E
CC
nial
Dr
CC
niai
Cere
mon
ial D
rCentral Pkwy E
Burn
ham
thor
pe R
d W
Rath
burn
Rd
EDun
das S
t E
Fieldgate Dr
The
Que
ensw
ay
Dixie Rd
QEW
Spea
kman
Dr
Sher
idan
Par
k Dr
Trus
cott
Dr
South
down R
d
Lake
shor
e Rd
WQ
ueen
St W
Indian Rd
Cawthra RdQ
ueen
St E
Ridgeway Dr
Colonial Dr
The
Colle
gew
ay
Erindale Station Rd
Mavis Rd
Wolfedale Rd
Winston Churchill Blvd
Rath
burn
Rd
W
Hurontario St10 Line Rd
Edenwood Dr
Derry
Rd
W
Millcreek Dr
Erin Mills Pkwy
Mississauga Rd
Erin Mills Pkwy
Creditview Rd
38
4 Line Rd
Burn
ham
thor
pe R
d W
Bronte Rd
6 Line Rd
Burn
ham
thor
pe R
d E
Dunda
s St W
Upper
Mid
dle
Rd
Tremaine Rd
Nottinghill Gate
9 Line Rd
Lake
shor
e Rd
E
4 Line Rd
Spee
rs Rd
Lake
shor
e Rd
W
Burloak Rd
Mac
Donal
d Rd
Kerr St
Trafalgar Rd
8 Line RdFord Dr
Devon Rd
Corn
wal
l Rd
Brid
ge R
d410
401
QEW
QEW
403
401
403
25
2712
14
3
32
34446
30
3
8
2
10
35
5
7
9
6
47
17
1618
45
1
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
East Gwillimbury
Bradford
Uxbridge
Scugog
Lindsay
Manvers
Newcastle
Georgina Island 33
AngusLisle
Everett
Lake Scugog
Bobcaygeon
Georgina
Sunnidale
Vespra
Wasaga Beach
Mara
Orillia
Bracebridge
Schomberg
Tecumseth and Tottenham
Adjala
MonoShelburne
King
Essa
Tosorontio
Thornbury
Lake Si
mcoe
Cannington
Barrie
Georgian Bay
Midland Tay
Oro
OshawaWhitby
Alliston,
Beeton,
Hw
y 50
Keswick
400
11
11
400
400
400
48
401
48
7
69
69
93
27
27
9
910
24
89
90
21
Key Maps
North
LAKE ONTARIOLAKE ONTARIO
HaldimandHaldimand
401
401
QEW
QEW
QEW
7
403
403
CAMBRIDGE
Puslinch
Guelph
Ayr
6
68
6
3
3
3
Oakville
Milton
BurlingtonCarlisle
Flamborough
ParisStoney Creek
Dundas
Grimsby
Port Dover
Glanbrook
Ancaster
West Lincoln
Virgil
Niagara-on-the-Lake
Beamsville Vineland
Port Dalhousie
Lincoln
Thorold
Chippawa
Scotland
St. George
Fonthill
Fort Erie
Welland
Nanticoke
New Credit
Dunnville Port Colborne
Halton Hills
HAMILTON
ST. CATHARINES
NIAGARA FALLS
BRANTFORD
To LONDON
MISSISSAUGA
BRAMPTON
15 20
Key Maps
Further West
110
098-Condo_Maps&List.indd 5 28/07/15 17:51:44
905
regio
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aps:
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a, O
akv
ille,
Fur
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Wes
t, Fu
rthe
r N
orth
# Builder Site Telephone TH* C* Price Range Page Finder
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554
*TH: Townhomes, C: Condo
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information. 111
15 ADI DEvELOPMENT GROuP Link2 Condos+Lofts 905-592-2028 • from $218,000 108 5M
15 ADI DEvELOPMENT GROuP Mod’rn Condos 905-592-2144 • from $339,000 107 5M
17 PEMBERTON GROuP Downtown Erin Mills Condominiums 905-630-6300 • from $300,000 8 18M
20 CARRIAGE GATE HOMES The Berkley Downtown Burlington theberkeleycondo.com • 106 5M
34 PINNACLE INTERNATIONAL Pinnacle Uptown 905-568-9000 • from $250,000 5 19K
1 vANDYK COMMuNITIES The Craftsman craftsmancondos.com from $310,000 21N
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 $700,000 20K
4 CONSERvATORY GROuP Mirage 905-232-2400 • from $270,000 20K
5 AMACON Block Nine 905-273-9333 • 20L
6 FOREST GREEN HOMES ville Condominiums villecondos.ca • from $220,000 16L
7 GREAT GuLF HOT 905-828-4257 • from $330,000 16M
8 FERNBROOK HOMES Absolute World 416-869-6057 • • from $188,000 21K
8 CITYzEN Absolute World 416-869-6057 from $188,000 21K
9 EMPIRE COMMuNITIES Senses Condominiums 905-845-7246 • from $230,000 17Q
10 AMACON The Residences at Parkside village 905-273-9333 • 21K
12 ALTERRA HOMES Renaissance in Olde Brampton 416-710-1010 • from $490,000 13H
14 PEMBERTON GROuP Rosedale village Golf & Country Club 905-799-5000 • • from $346,000 13F
16 vANDYK COMMuNITIES Windows on the Green 905-822-3333 from $300,000 19N
18 RETIREMENT LIFESTYLE COMMuNITIES Palisades on the Glen 905-820-8210 • from $290,000 18N
21 CASINO BAY DEv. CORP./TODDGLEN Panoramic Point at Brewery Bay 1-866-611-5525 • from $264,000 7Q
27 INzOLA GROuP Park Place 905-451-7001 • from $310,000 14H
30 PINNACLE INTERNATIONAL Pinnacle Grand Park 2 905-276-3981 • from $200,000 20L
30 PINNACLE INTERNATIONAL Pinnacle Grand Park 905-276-3981 • from $300,000 20L
32 ARMOuR HEIGHTS DEvELOPMENTS River’s Edge 905-533-2400 • from $285,000 14A
35 ASHLEY OAKS GROuP Emporium at Joshua Creek 905-618-0660 • from $200,000 17O
38 TRIDEL CORPORATION Metrogate - ventus 2 416-293-5535 • • from $302,000 19J
38 TRIDEL CORPORATION ventus at Metrogate 416-293-5535 • • from $344,000 19J
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
47 THE DANIELS CORPORATION Daniels Erin Mills 905-306-6996 • from $250,000 17M
098-Condo_Maps&List.indd 6 28/07/15 17:51:44
905r
egio
nalm
aps:
Maple
, Tho
rnhi
ll, R
ichm
ond H
ill, v
aug
han,
Mark
ham
, Aja
x, W
hitb
y, O
shaw
aA
B
C
D
E
F
G
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26
Town ofMarkham
ThornhillMarkham
Richmond HillMaple
404
404
400
400
7
407
407407 4077
77
Ward
en A
ve
Elgin Mills Rd
McC
ow
an R
d19 Ave
Ken
ned
y Rd
18 Ave
10 Co
ncessio
n R
Main
St SRaym
erville Dr
Major Mackenzie
Hw
y. 48
Alden Rd
Ald
ergro
ve Dr
Denison St
11 Co
ncessio
n R
Cachet Pkwy
Carlton Rd
Hwy 7
14 Ave
Yon
ge St
Hen
derso
n A
ve
John St
Steeles Ave E
404
9 Line
16 AveW
oo
db
ine A
ve
Bullock Dr
Kirby Rd
12 Line R
d
Nashville Rd
King-Vaughan RdCo
ld C
reek Rd
Hw
y. 2
7
Hu
ntin
gto
n
Langstaff Rd
50
Islington Ave
Steeles Ave W
Clarence St
Kip
ling
Ave
Teston Rd
Westo
n R
d
Pine V
alley Cr
Major Mackenzie
Jane St
Langstaff Rd
Rutherford Rd
Keele St B
athu
rst St
Du
fferin St
Clark Ave W
Centre St
King Rd Yon
ge St
Jefferson Sideroad
Bloomington Sideroad
Leslie St
Bayview
Ave
19th Ave.
Yorklan
d St
Neal D
r Leslie St
Elgin Mills Rd
Regent St
Major MacKenzieMill St
Gamble Rd
Den
ham
Dr
Weldrick Rd W
Strathearn
Ave
16th Ave.10
13
3231
33
45
3412
5
2
22
4044 7
2641
20
11
124
4
6
1
43
14
46
38
# Builder Site Telephone TH* C* Price Range Page Finder
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554
*TH: Townhomes, C: Condo
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
City ofPickering
Town ofAjax
Town ofWhitby
Town ofO shawa
401
401
401
28
Key MapsEast
112
13 LIBERTY DEvELOPMENT CORP. Legacy Park 905-731-8302 • from $265,000 36 10G
31 PEMBERTON GROuP Sky City 905-709-5700 • from $350,000 8 12F
32 LIBERTY DEvELOPMENT CORP. Royal Gardens CondoHomeShow.ca • from $303,000 37 15F
43 GuIzzETTI DEvELOPMENTS Grand Palace 905-907-4370 • 109 12E
1 MONARCH CORPORATION Garden Court 416-495-3595 • from $400,000 16D
2 FLATO DEvELOPMENT Arthouse Condos 905-554-8722 from $200,000 22D
3 TRIBuTE COMMuNITIES varley 905-604-1477 • from $520,000 19F
4 TRIDEL CORPORATION Renaissance of Richmond Hill 416-736-9500 • from $740,000 14E
5 LINDvEST Grand Cornell Brownstones in Markham 905-294-6161 from $340,000 23F
6 ARMOuR HEIGHTS DEvELOPMENTS The Sorrento 289-637-1777 • from $390,000 13B
7 MINTOuRBAN COMMuNITIES INC. WaterGarden 416-915-3800 • from $369,000 12F
8 WYvIEW GROuP unionville gardens unionvillegardens.com • 18F
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 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
41 QuADCAM DEvELOPMENT GROuP INC vista Parc Condominiums 905-850-8883 • from $260,000 3F
44 LIBERTY DEvELOPMENT CORP. Centro Square Condos 2 905-851-8877 • from $399,000 5F
45 KYLEMORE COMMuNITIES The 6th Angus Glen 905-887-9950 • 19E
46 EMPIRE COMMuNITIES The Mark 905-554-5015 • from $250,000 22E
098-Condo_Maps&List.indd 7 28/07/15 17:51:48
112 NEW CONDO GUIDE AUGUST 1 - 29, 2015 AUGUST 1 - 29, 2015 NEW CONDO GUIDE 113
condo buyers’ resource section
YOU LOVE THE CONDO, SEE WHAT YOU CAN AFFORD!
HOMEBUYERS’ HELP
Compare mortgage rates for your best deal
Calculate your mortgage payments
113-115_117 Homebuyers Resource_VB_L.indd 113 7/28/15 10:57 AMTCG 08-01-15 master.indd 113 2015-07-28 3:35 PM
114 NEW CONDO GUIDE AUGUST 1 - 29, 2015 AUGUST 1 - 29, 2015 NEW CONDO GUIDE 115
Calculate your mortgage payments
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).
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.
interest rate
EXAMPLE: 5%
chart figure
5.82
mortgage amount ÷ 1,000
125 (MORTGAGE AMOUNT $125,000)
monthly payment
$25 YEARS
amortization period
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.
Follow these steps to see if you’ll qualify for a mortgage on your dream condo
HOMEBUYERS’ HELP
113-115_117 Homebuyers Resource_VB_L.indd 114 7/28/15 10:57 AM
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, [email protected] and calumross.com
% Amortization Periods
INTEREST RATES
15 YEARS
20 YEARS
25 YEARS
30 YEARS
Mortgage payment calculation chart
113-115_117 Homebuyers Resource_VB_L.indd 115 7/28/15 10:57 AMTCG 08-01-15 master.indd 114 2015-07-28 3:35 PM
114 NEW CONDO GUIDE AUGUST 1 - 29, 2015 AUGUST 1 - 29, 2015 NEW CONDO GUIDE 115
Calculate your mortgage payments
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).
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.
interest rate
EXAMPLE: 5%
chart figure
5.82
mortgage amount ÷ 1,000
125 (MORTGAGE AMOUNT $125,000)
monthly payment
$25 YEARS
amortization period
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.
Follow these steps to see if you’ll qualify for a mortgage on your dream condo
HOMEBUYERS’ HELP
113-115_117 Homebuyers Resource_VB_L.indd 114 7/28/15 10:57 AM
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, [email protected] and calumross.com
% Amortization Periods
INTEREST RATES
15 YEARS
20 YEARS
25 YEARS
30 YEARS
Mortgage payment calculation chart
113-115_117 Homebuyers Resource_VB_L.indd 115 7/28/15 10:57 AMTCG 08-01-15 master.indd 115 2015-07-28 3:35 PM
The Urban Townhome Collection, TorontoThe Victoria Model Home, 2,628 sq.ft. + 622 sq.ft. Terrace
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An exclusive collection of SWO’s most beautiful new homes and condos
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NEUTRALDECOR, NATURALLY
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SUMMER 2015VOLUME 11, ISSUE 3, FREE
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THE GUIDE TO BUYING AND MANAGING YOUR FIRST HOME
S P E C I A L E D I T I O N
HOME&CONDO
WINTER 2015 EDITION FREE
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DECORATE YOUR FIRST HOME
Trends in lowrise & highrise homesYour guide on where and what to buy
WHAT TO CONSIDER BEFORE GETTING YOUR FIRST MORTGAGE
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OUR decorwish list FOR THE NEW YEAR
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EXPERT ADVICE Top tips to guide you through the homebuying process THE ALLURE OF LUXURY CONDO LIVING
HIGHLIGHTING THE top builders & new-home
communities across SWO
THE EXPERTS WEIGH IN: Location, lifestyle, costs &
your new condo
Why pre-construction condo investments pay off
HIGHLIGHTING THE
top builders & condo communitiesacross the GTA
2015 CGGTA annual_CVR_FNL.indd 1 3/10/15 12:28 PM
2015 Hom
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Highlighting the top builders and developers across the GTA
KNOCK ON WOODSix-storey wood housing a viable new option
EXPERT ADVICETop tips to guide you through the homebuying process
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EXPERT ADVICETop tips to guide you through
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BEYOND MORTGAGE RATESHow accelerated payments can save you thousands
HIGHLIGHTING THE TOP builders & developers in Ottawa
MONARCH IS WHEREYOU WANT TO BE
discover moreMonarchGroup.net
六月二十日至七月二十五日 / Jun 20 - Jul 25, 2015 Volume 4 Issue 5
各式電子工具都可瀏覧網上 參閱 ChineseHomeGuide.com
出租柏文復興對投資人仕的影響 • 多倫多楓葉園社區 • 窗戶粉飾代表你的設計品味
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July 25 - Aug 22, 2015 Volume 23 Issue 14
[ 4-WEEK ISSUE ]
LIVE COMFORTABLYOXFORD HOMES
INSIDE THIS ISSUE
BUILDERS RAISE $60K FORHABITAT FOR HUMANITY
COMMUNITIES WIN BIGFROM PAN AM GAMES
TIPS TO HELP YOU BUY YOUR FIRST HOME
7.25" x 10.5" OFC
COMING SOON
Welcome home to spacious condominium living.
PEM 26888 INDIGO Condo Guide Cover 15.indd 2 2015-07-16 3:40 PM
August 1 - 29, 2015 Volume 19 Issue 15
INSIDE THIS ISSUE
MORE FAMILIES CALLING CONDOS “HOME”
ESSENTIAL ADVICE FOR FIRST-TIME BUYERS
BUSTING 4 COMMON ORGANIZING MYTHS
[ 4-WEEK ISSUE ]
CG_Cvr_08-01-15.indd 1 7/27/15 1:39 PM
Modern country living at its fi nest in Smithville
July 4 - Aug 1, 2015 Volume 18 Issue 13
INSIDE THIS ISSUE
TIPS FOR BUYING YOUR FIRST HOME
SHAPING THE FUTUREIN BRANTFORD
COMMON CONCERNSOF NEW-HOME OWNERS
[ 4-WEEK ISSUE ]
SWO 07-04-15.indd 1 6/30/15 2:12 PM
A WATERFRONT LIFESTYLE COMMUNITY IN ROCKLAND
Eastern Ontario Edition
June 13 - July 11, 2015 Volume 15 Issue 12
[ 4-WEEK ISSUE ]
INSIDE THIS ISSUE
SWIMMING POOLS: COOLCHOICE OR WAY TO GET SOAKED?
HOW PLANNING LAWS ARE AFFECTING OTTAWA
WHY SIZE DOESN’T MATTERFOR NEW-HOME OWNERS
Ontario’s best source of real estate information to
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116-Family of mags - GTA.indd 116 2015-07-28 8:01 PM
116 NEW CONDO GUIDE AUGUST 1 - 29, 2015 AUGUST 1 - 29, 2015 NEW CONDO GUIDE 117
CHARTERED BANKS Variable 6 Months 1 Year 2 years 3 years 4 years 5 years
Compare mortgage rates for your best deal
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 AVAILABLEPrepared by http://www.FiscalAgents.com/mortgage/rates
TRUST COMPANIES
OTHER FINANCIAL INSTITUTIONS
HOMEBUYERS’ HELP
ATB Financial 2.2 4 2.94 2.64 2.59 2.69 2.79
4.00op 4.00op 4.00op
Alterna Svgs/Alterna Bk 2.55 4 2.85 2.85 2.59 2.94 2.68
6.30op 5.30op
Bank of Montreal 2.7 4 2.89 2.84 3.39 3.89 2.69
6.30op 6.30op
Bank of Nova Scotia 2.7 4.55 3.29 3.09 3.39 3.89 4.49
6.45op 6.50op
Canadian Western Bank 4 3.14 3.04 3.65 4.2 4.74
6.45op 6.30op
CFF Bank 2.69 2.69 2.79 2.89 2.99
CIBC 2.7 1.99 2.84 3.4 2.69 4.79
6.70op 6.35op
ICICI Bank Canada 2.75 3.15 3.65 3.64 3.69 3.69
Manulife Bank 2.4 4.45 3 2.94 2.84 2.79 2.69
3.20op
National Bank n/a 4.4 2.89 2.84 3.39 2.69 2.79
6.70op 6.70op
President’s Choice Financial 2.7 2.84 3.34 4.04 4.44
Royal Bank 2.7 3.14 3.04 3.65 4.39 4.64
6.30op 6.30op
TD Canada Trust 2.7 2.89 2.24 3.39 3.89 2.69
6.30op
Tangerine 2.7 3.19 3.24 3.49 3.69 3.79
Community Trust n/a 6.5 3.14 3.25 3.95 4.39 4.64
Concentra Financial n/a 5 2.89 2.59 3.39 3.89 4.64
6.70op 6.30op
Effort Trust n/a 4.45 3.35 3.5 3.7 4.3 4.35
6.30op 6.30op
Home Trust Company 2.35 3.95 2.69 2.35 2.39 2.59 2.59
Investors Group Trust n/a 4.2 3.14 3.09 3.39 3.89 2.99
6.50op 6.30op
MTCC 2.7 4.55 3.29 3.09 3.39 3.89 4.49
6.45op 6.50op
Comtech Credit Union 2.45 6.2 2.89 2.89 2.95 2.99 2.69
6.40op 6.30op
First National Fin. LP 3.1 2.29 2.19 2.34 2.54 2.69
FirstOntario C.U. 2.85 2.89 2.59 2.69 2.84 2.69
6.34op 6.34op
IC Savings 2.7 6.15 2.89 2.89 2.89 2.79 2.89
6.50op 6.50op
London Life n/a 4.2 3.14 3.09 3.39 3.89 4.74
6.50op 6.30op
Luminus Financial 2.8 2.95 2.9 3.4 3.9 4.45
6.25op
Meridian Credit Union 2.65 4 3.09 3.09 3.55 2.49 2.67
6.30op
Parama Credit Union 2.65 2.8 2.85 2.95 3.05 3.15
2.95op
Steinbach Credit Union 2.25 2.45 2.55 2.55 2.65 2.65
113-115_117 Homebuyers Resource_VB_L.indd 117 7/28/15 10:57 AMTCG 08-01-15 master.indd 117 2015-07-28 3:35 PM
45 Charles Ltd. - Chaz Yorkville Condos 27
ADI Development Group - Link2 Condos+Lofts 108
ADI Development Group - Mod’rn Condos 107
ADI Development Group - Nautique Lakefront Residences 58
Aragon Properties - Enigma on the Park 95
Aspen Ridge Homes - Studio on Richmond 55
Brad J. Lamb Realty - James 23
Brandy Lane Homes - The Station 17
Brookfield Homes - The Arbors 81
Camrost - Felcorp - Blue Diamond at Imperial Plaza 1
Camrost - Felcorp - Cumberland Tower - Yorkville Plaza II 1
Camrost - Felcorp - Imperial Plaza 1
Camrost - Felcorp - Yorkville Plaza 1
Canalfa Group - Liberty Central by the Lake - Phase One 75
Canalfa Group - Liberty Central by the Lake Two 52-53
Capital Developments - 150 REDPATH 47
Carriage Gate Homes - The Berkley Downtown Burlington 106
Carttera - One Eleven Condominiums & Lofts 97
Citycore - Harmony Village 92
Concert Properties - The KIP District 65
Concord Adex - Omega On The Park 18-19
Cresford Development Corp. - 1000 Bay 120
Cresford Development Corp. - CASA 2 120 & IBC
Cresford Development Corp. - CASA III 120
Cresford Development Corp. - Corporate IBC
Cresford Development Corp. - The Clover on Yonge 120
Cresford Development Corp. - VOX 120
Dundee Kilmer Developments - Canary Park Condominiums 56
Eden Shaw - Chaz Yorkville Condos 27
ELAD Canada - Fifth on the Park 69
Empire Communities - Eau Du Soleil Waterfront Condominiums 6-7
Empire Communities - Model Suite of the Month 119
Family of magazines - Promo 116
Fernbrook Homes/Cityzen Dev. - 158 Front Condominiums 71
Fieldgate Homes - Zigg St.Clair West 57
Fram Building Group - Corporate 93
Freed - 150 REDPATH 47
Geranium Homes - Pace on Main 79
Ghods Builders Inc. - 5959 Yonge Street 77
Global Kingdom Ministries - Trinity Ravine Towers 89
Great Gulf - Monde 25
Great Gulf - One Bloor Residences 25
Great Gulf - Pace 25
Great Gulf - Yonge+Richmond 25
Guizzetti Developments - Grand Palace 109
Harhay Developments - One Eleven Condominiums & Lofts 97
Lamb Development Corp. - The Harlowe 59
Lanterra Developments - Corporate 3
Liberty Development Corp. - Legacy Park 36
Liberty Development Corp. - Royal Gardens 37
Liberty Development Corp. - Terrace on Danforth 37
Liberty Development Corp. - The Village Residences 35
Liberty Development Corp. - World on Yonge 37
Lifetime Developments - The Bond Condominiums 39
Luxury Living Magazine - Promo 26
Madison Homes - Briar Hill 60-61
Madison Homes - Zigg St.Clair West 57
Malibu Investments Inc. - Smart House 33
Mattamy Homes - Lago Insert
Mattamy Homes - Picasso on Richmond Insert
Mattamy Homes - Riva del Lago Insert
Mattamy Homes - Waterscapes Insert
Menkes Developments Inc. - 365 Church Insert
Menkes Developments Inc. - 87 Peter Insert
Menkes Developments Inc. - Fabrik Insert
Menkes Developments Inc. - Gibson Square Insert
Menkes Developments Inc. - Harbour Plaza Insert
Menkes Developments Inc. - Humber Mews Insert
Menkes Developments Inc. - Pears on the Avenue Insert
Menkes Developments Inc. - The Eglinton Yonge at Heart Insert
Mobile App - Promo 85
Monarch Corporation - Lago Insert
Monarch Corporation - Picasso on Richmond Insert
Monarch Corporation - Riva del Lago Insert
Monarch Corporation - Waterscapes Insert
Pemberton Group - Citylights on Broadway 8
Pemberton Group - Downtown Erin Mills Condominiums 8
Pemberton Group - Sky City 8
Pemberton Group - TEN93 Queen West 8
Pemberton Group - The Urban Townhome Collection 8
Pemberton Group - Vivid Condos 8
Pemberton Group - Indigo 9
Pinnacle International - Pinnacle Uptown 5
Plaza - Corporate 30-31
Rockport Group - The Nest 73
Solotex - Upper Beach Townes 86
The Daniels Corporation - Daniels Waterfront 43
The Daniels Corporation - High Park Condominiums 15
Tridel Corporation - Islington Terrace BC
Tridel Corporation - SQ2 IFC
Urban Capital - RC3 51
Urban Capital - Smart House 33
Urban Capital - The Ravine 13
Your First Home - Promo 80
YP Next Home - Promo 74
index of advertisers
118-Advertiser Index.indd 118 28/07/15 17:51:54
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119-Empire_ModelSuite_August2015.indd 82 2015-07-28 6:32 PM
DESIGN.LOCATION.STYLE.PASSION.TRUST.The locations you love. The designs you desire. The details you
demand. A Cresford condominium is luxury living defi ned. For
over 40 years Cresford has been at the forefront of the luxury
condominium market. The fi rst 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.
ACTUAL WEST VIEW FROM 22nd FLOOR
YORKVILLE | UNDER CONSTRUCTION
MOVE IN WINTER 2015 / SPRING 2016
PENTHOUSES FROM UNDER $1 MILLION
SUITES FROM THE HIGH $300’S
416.486.CASA (2272)
CASA2CONDOMINIUMS.COM
LIVE LARGE ON BAY STREET
MOVE IN WINTER 2015 / SPRING 2016
Spacious 1, 2 and 3-Bedroom suites with unobstructed views in the heart of downtown
FROM THE HIGH $300’S
416.485.3000
1THOUSANDBAY.COM
YORKVILLE | UNDER CONSTRUCTION
PENTHOUSES COMING SOON
SUITES FROM THE HIGH $300’S
416.486.CASA (2272)
CASACONDOMINIUM.COM
BROKERS PROTECTED. PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. ILLUSTRATIONS ARE ARTIST’S CONCEPT. E. & O.E.
CONDOMINIUM GALLERY:170 MERTON ST.
LIMITED EDITION YORKVILLE PENTHOUSES AT 42 CHARLES STREET EASTFROM UNDER $1 MILLION
FOR THE FULL STORY VISIT CASA2CONDOMINIUMS.COM
BROKERS PROTECTED. PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. ILLUSTRATIONS ARE ARTIST’S CONCEPT. E. & O.E.
INTRODUCING THE
SIGNATURE PENTHOUSE COLLECTIONBY
YONGE & WELLESLEY
UNDER CONSTRUCTION
PENTHOUSES COMING SOON
FURNISHED BY DIESEL LIVING
416.485.3000
VOXCONDOMINIUMS.COM
COMING SOON
REGISTER NOW!
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THECLOVERONYONGE.COM
CRES 41387 REVISED CONDO GUIDE AD_final.indd All Pages 2015-07-24 2:44 PM120-Cresford-Corp 08-01-15.indd 120 2015-07-27 7:54 PM
DESIGN.LOCATION.STYLE.PASSION.TRUST.The locations you love. The designs you desire. The details you
demand. A Cresford condominium is luxury living defi ned. For
over 40 years Cresford has been at the forefront of the luxury
condominium market. The fi rst 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.
ACTUAL WEST VIEW FROM 22nd FLOOR
YORKVILLE | UNDER CONSTRUCTION
MOVE IN WINTER 2015 / SPRING 2016
PENTHOUSES FROM UNDER $1 MILLION
SUITES FROM THE HIGH $300’S
416.486.CASA (2272)
CASA2CONDOMINIUMS.COM
LIVE LARGE ON BAY STREET
MOVE IN WINTER 2015 / SPRING 2016
Spacious 1, 2 and 3-Bedroom suites with unobstructed views in the heart of downtown
FROM THE HIGH $300’S
416.485.3000
1THOUSANDBAY.COM
YORKVILLE | UNDER CONSTRUCTION
PENTHOUSES COMING SOON
SUITES FROM THE HIGH $300’S
416.486.CASA (2272)
CASACONDOMINIUM.COM
BROKERS PROTECTED. PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. ILLUSTRATIONS ARE ARTIST’S CONCEPT. E. & O.E.
CONDOMINIUM GALLERY:170 MERTON ST.
LIMITED EDITION YORKVILLE PENTHOUSES AT 42 CHARLES STREET EASTFROM UNDER $1 MILLION
FOR THE FULL STORY VISIT CASA2CONDOMINIUMS.COM
BROKERS PROTECTED. PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. ILLUSTRATIONS ARE ARTIST’S CONCEPT. E. & O.E.
INTRODUCING THE
SIGNATURE PENTHOUSE COLLECTIONBY
YONGE & WELLESLEY
UNDER CONSTRUCTION
PENTHOUSES COMING SOON
FURNISHED BY DIESEL LIVING
416.485.3000
VOXCONDOMINIUMS.COM
COMING SOON
REGISTER NOW!
416.485.3000
THECLOVERONYONGE.COM
CRES 41387 REVISED CONDO GUIDE AD_final.indd All Pages 2015-07-24 2:44 PM
7.5" x 10.5" obc
Eight dEcadEs of homE building. ovEr 80,000 homEs built. tridEl communitiEs arE built grEEn. built for lifE.®
*Price and specifications are subject to change without notice. Illustrations are artist’s concept only. Building and view not to scale. Tridel Built for Life®, Tridel Built Green. Built for Life.® are registered trademarks of Tridel and used under license. ©Tridel 2015. All rights reserved. E.&O.E. August 2015.
Built to make a statement.bloor strEEt WEst at islington subWaY station
Discover islington terrace, tridel’s new master planned condominium community just steps from the subway and minutes from islington Village plus the Kingsway on Bloor. Join us at our new Presentation Centre and tour the stunning designer model suite. Embrace the new spirit of living at Bloor and islington. Suites priced from the mid $200’s*
Visit the New Presentation Centre
3326 Bloor Street West, Etobicoke
416.645.8862
tridel.com
TRI 27324 Condo Guide SQ2 (IFC & GF) + IT Grand Opening OBC July 15.indd 4 2015-07-23 4:44 PM