gta new condo guide, mar 1, 2014

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INSIDE THIS ISSUE 10 TIPS FOR FINDING THE PERFECT HOME DESIGNER ADVICE: LIGHTEN UP FOR SPRING HOW TO BUY FOREIGN PROPERTY March 1 - 15, 2014 Volume 18 Issue 05

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Page 1: GTA New Condo Guide, Mar 1, 2014

INSIDE THIS ISSUE

10 TIPS FOR FINDING THE PERFECT HOME

DESIGNER ADVICE:LIGHTEN UP FOR SPRING

HOW TO BUYFOREIGN PROPERTY

March 1 - 15, 2014 Volume 18 Issue 05

[ 3-WEEK ISSUE ]

CG_Cvr_Mar-01-2014.indd 1 14-02-24 1:39 PM

Page 2: GTA New Condo Guide, Mar 1, 2014

fold

6.875" x 10.5" OGFfold

Tridel. Everywhere you want to be.

tridel.com

TRI 23179 CG GF(IFC) + WV OBC Feb 14.indd 1 2/21/2014 12:26 PM

Page 3: GTA New Condo Guide, Mar 1, 2014

FOR THOSE IN THE KNOW.PREVIEW REGISTRATION | THECUMBERLAND.CA

PRICES AND SPECIFICATIONS SUBJECT TO CHANGE. E.&O.E. BROKERS PROTECTED. ILLUSTRATION IS ARTIST’S CONCEPT.

THIS IS YORKVILLEAT ITS BEST.

COMING SOON

A NEW SIGNATURE RESIDENCE

AT CUMBERLAND AND AVENUE ROAD

FROM $349,900

CUMB 32602 Condo Guide Ad.indd 1 19/02/14 2:24 PM

Page 4: GTA New Condo Guide, Mar 1, 2014

EDITOR’S NOTE

THE HOW, WHERE AND WHAT OF HOME BUYING

LYDIA MCNUTTEDITOR

Wall2Wall [email protected]

Follow me on Twitter at Twitter.com/LydiasTweets

SUSAN LEGGEEDITOR-IN-CHIEF

Wall2Wall [email protected]

Follow me on Twitter at Twitter.com/SusanLegge

Like us on Facebook Search: Condo Guide

Whether you’re relocating from one coast to the other or moving to your first place out of your parents’ home, moving can be hectic, exciting and certainly stressful. But, relax. You can eliminate all of the anxiety associated with moving by taking control of the situation with confidence.

If you decide to move yourself, book a moving truck well in advance from a reliable company that can help with some tips on moving as well as advice regarding the size of vehicle you will need.

If you decide to go with a pro, ask your friends and family to recommend a mover. Call at least three companies to ask about their services and then decide.

Professional movers can do everything for you if you wish, from packing and unpacking, to disconnecting appliances and electronics, but of course there’s extra cost involved.

Make sure you understand the terms of your agreement no matter what you decide, as well as any additional costs such as insurance and mileage fees, so you can budget accordingly.

Happy moving!

MOVING MADE EASY

If you’re planning to buy a home this spring, spend these last few weeks of winter doing some research to figure out the where, the what and the how of your purchase.

Before you start shopping, visit your mortgage broker or bank to get your financing in order. This is the “how” part of the equation. Answer questions like: How much can I afford to spend on a home? How much do I have for a down payment? Will I be using my RRSPs toward my down payment? Will I be able to afford my lifestyle and still make my mortgage payments? Don’t forget to budget for closing costs and your other bills. A home works much better with electricity!

With your budget defined, you can hit the streets. Location is the one thing about your home that you can’t change. It affects how much you’ll need to spend on your purchase and property taxes, your lifestyle while you live there, and the resale value when you sell the place. Drive, walk and surf the web to learn as much as you can. Map the amenities that matter most to you – schools and parks, shopping areas and banks, highways and public transit. How close do you want to be to your work, family and friends? Visit prospective locations at different times of the day and ask yourself, “Will I feel comfortable jogging early in the morning, or walking the dog alone after sunset?”

Once you know how much you can spend, and have narrowed down your locations of choice, you can zero in on the “what” of your new condo. Create a list of “must-haves” and “nice-to-haves.” If you’re purchasing a condo with someone, you’ll have to take their wants and needs into consideration as well, which can make shopping a little more complicated. Getting your ducks in a row now will allow you to shop with confidence, and actually enjoy this exciting time.

002 NEW CONDO GUIDE MARCH 1 - 15, 2014

Page 5: GTA New Condo Guide, Mar 1, 2014

Visit our Presentation Gallery at 1499 Yonge St. (just north of St. Clair)

Welcome to the Private Residences atop Imperial Plaza. An iconic building in a coveted Forest Hill location, clad in limestone with impeccable granite and marble detailing, rich in historical perspective and timeless in elegance. Majestic suites with up to 6000 sq. ft. of grand living space, ceiling heights that soar 10’ and higher, and with breathtaking views of the city. A dedicated express elevator, private elevator lounge, private fitness club and 24 hour concierge allow your everyday to unfold with grace. Move in this year!

Take your express elevator home.

The Private Residences from $1.35 million The Signature Residences from $985,900

IMPERIALCONDOS.CA 416-925-2501Exclusive Listing Brokerage MILBORNE REAL ESTATE INC. Brokers Protected. Prices and specifications are subject to change without notice. Illustrations are artist concept. E.&O.E.

AT AVENUE & ST. CLAIRP R I V A T E R E S I D E N C E S

MARCH 1 - 15, 2014 NEW CONDO GUIDE 003

Page 6: GTA New Condo Guide, Mar 1, 2014

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 and the principal designer of the Toronto Interior Design Group, specializing in residential and commercial projects. Simard has created designs for clients in Toronto, Montreal and Miami, and appears as a regular guest expert on Citytv’s CityLine. Visit tidg.ca

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

VICE-PRESIDENT, WALL2WALL MEDIA Jacqueline HillEDITOR-IN-CHIEF / DIRECTOR OF CONTENT Susan LeggeDIRECTOR OF SALES, NATIONAL Josh HeppnerASSOCIATE PUBLISHER SWO NEW HOMES & LIFESTYLE COMMUNITIES Susan Maxwell ART DIRECTOR Sarah JangEDITOR Lydia McNuttCONTRIBUTING EDITORS Sara Duck Wayne Karl Elisa KrovblitDESIGN EDITOR Yanic Simard

SALES MANAGER Conni RobinsonSENIOR ACCOUNT EXECUTIVE Dionne Fraser [email protected] ACCOUNT EXECUTIVE Nina Downs [email protected]

SALES & MARKETING CO-ORDINATOR Terry BassettADMINISTRATIVE ASSISTANT Antoinette Jackson

PRODUCTION MANAGER Bala GnanapandithanPRODUCTION CO-ORDINATOR Sandra Hanak-VujnovicGRAPHIC DESIGNERS Caroline Wassef Sandra Hanak-Vujnovic

#500-401 The West Mall Etobicoke, ON M9C 5J5 T 416.626.4200 F 416.784.5867

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 2014 All rights reserved by Wall2Wall Media. Reproduction in any form is prohibited. Contents of this publication are covered by copyright and offenders will be prosecuted under the law. TERMS Advertisers, editorial content and new condo guide are not responsible for typographical errors, mistakes or 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.

CONTRIBUTORS NEW CONDO GUIDE

Please recycle this magazine! Wall2Wall Media participates in the Partners in Growth Reforestation Program through St. Joseph Communications. To date, Partners in Growth has planted over 2.5 million trees in parks, recreation and conservation areas, and other public spaces across Canada. Established in 1990, this program was started with Scouts Canada to help replenish the environment.

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

Published By

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]

MORTGAGE TALK 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.

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

MONEY MATTERS Gail Vaz-Oxlade 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

004 NEW CONDO GUIDE MARCH 1 - 15, 2014

Page 7: GTA New Condo Guide, Mar 1, 2014

1YORKVILLE.CA

COMING SOON

RENDERING IS ARTIST’S CONCEPT ONLY@BazisInc

CONDOMINIUM RESIDENCES

AT YORKVILLE & YONGE

BAZI-NO1-A-AD-CONDOGUIDE-JAN9-1.indd 1 14-01-09 3:31 PM

MARCH 1 - 15, 2014 NEW CONDO GUIDE 005

Page 8: GTA New Condo Guide, Mar 1, 2014

WHERE IN THE EMPIRE DO YOU WANT TO LIVE?

Celebrating 20 years in the building industry, Empire Communities continues to raise the bar in urban living with a range of iconic communities across the GTA.

EMPIRECOMMUNITIES.COM

REMARKABLE RESIDENCES. REMARKABLE MARKHAM.

Your fl oor. Your Suite. One Price.* Up to $15,000 cash back and 2 years free maintenance.*

SUITES FROM THE MID $200’s** NOW OPEN themarkcondos.ca

MARKHAM9560 Markham Rd.

905.554.5015

16th Ave.

Bur Oak Ave.

Mar

kham

Rd.

N

TORONTO1603 Eglinton Ave. W.

416.784.3482

LIVE LIFE ON TOMORROW’S FAST LANE. MAKE THE SWITCH. GET CONNECTED TO THE HUB.

Ask about Empire’s Easy Buy Program - Just $1,000 with the offer + $1,000 per month for the next 17 months.*

SUITES FROM THE MID $200’s**

NOW OPEN empirethehub.com

Eglinton Ave. W.

Dufferin St.

Glenholme Ave.

Oakwood Ave.

Allen Rd.

Subway St.

N

OAKVILLE521 Kerr St.

905.845.7246HWY 403/QEW

Lakeshore Rd.

Cornwall Rd.

Wyecroft Rd.

Speers Rd.

Dorval Dr.

Kerr St.

Trafalgar Rd.

Lake OntarioLake Ontario NNOAKVILLE’S HOTTEST NEW RELEASE!

New Suite designs up to 1,400+ sq.ft., $10,000 cash back, special deposit program and other great incentives.*

SUITES FROM THE $200’s** NOW UNDER CONSTRUCTION raincondos.com

HERE’S HOW IT WORKS:

PAY $2500 DOWN$500/MONTH FOR 47 MONTHS

PLUSGET 1 YEAR FREE TTC PASS† &

A FREE TRIP FOR 2 TO THE CARIBBEAN†LIMITED TIME OFFER ON SELECTED SUITES†

LUXURY WATERFRONT LIVING FROM THE LOW $300’s**EAUDUSOLEILCONDOS.COM | 416.503.3328

†LIMITED TIME OFFER, PLEASE SEE SALES REPRESENTATIVE FOR DETAILS. SOME RESTRICTIONS APPLY TO $500 A MONTH HOME OWNERSHIP, 1 YEAR TTC PASS AND TRIP FOR TWO TO THE CARIBBEAN. OFFER ONLY AVAILABLE ON THE SUPERIOR, COBALT AND CYAN SUITES. RBC ON-SITE MORTGAGE APPROVAL IS REQUIRED. BALANCE OF 15% ON OCCUPANCY. *RESTRICTIONS APPLY TO THE CASH BACK INCENTIVE, NEW RELEASE SALES PROGRAM, SPECIAL DEPOSIT PROGRAM, EASY BUY PROGRAM, THE OPENING BONUS OF UP TO $80,0000 AND OTHER INCENTIVES AND SALES PROGRAMS WHICH ARE SITE SPECIFIC. **PRICES SIZES & SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. RENDERINGS ARE ARTIST’S CONCEPT. EXCLUSIVE LISTING BROKERAGE TFN REALTY INC. BROKERS PROTECTED. E.&O.E. FEBRUARY 2014.

VISIT THE PRESENTATION GALLERY AT 2183 LAKE SHORE BLVD. WESTMON-FRI: 12PM-6PM SAT & SUN AND HOLIDAYS: 12PM-5PM

ASK ABOUT OUR OPENING BONUS OF UP TO $80,000!*

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006 NEW CONDO GUIDE MARCH 1 - 15, 2014

Page 9: GTA New Condo Guide, Mar 1, 2014

WHERE IN THE EMPIRE DO YOU WANT TO LIVE?

Celebrating 20 years in the building industry, Empire Communities continues to raise the bar in urban living with a range of iconic communities across the GTA.

EMPIRECOMMUNITIES.COM

REMARKABLE RESIDENCES. REMARKABLE MARKHAM.

Your fl oor. Your Suite. One Price.* Up to $15,000 cash back and 2 years free maintenance.*

SUITES FROM THE MID $200’s** NOW OPEN themarkcondos.ca

MARKHAM9560 Markham Rd.

905.554.5015

16th Ave.

Bur Oak Ave.

Mar

kham

Rd.

N

TORONTO1603 Eglinton Ave. W.

416.784.3482

LIVE LIFE ON TOMORROW’S FAST LANE. MAKE THE SWITCH. GET CONNECTED TO THE HUB.

Ask about Empire’s Easy Buy Program - Just $1,000 with the offer + $1,000 per month for the next 17 months.*

SUITES FROM THE MID $200’s**

NOW OPEN empirethehub.com

Eglinton Ave. W.

Dufferin St.

Glenholme Ave.

Oakwood Ave.

Allen Rd.

Subway St.

N

OAKVILLE521 Kerr St.

905.845.7246HWY 403/QEW

Lakeshore Rd.

Cornwall Rd.

Wyecroft Rd.

Speers Rd.

Dorval Dr.

Kerr St.

Trafalgar Rd.

Lake OntarioLake Ontario NNOAKVILLE’S HOTTEST NEW RELEASE!

New Suite designs up to 1,400+ sq.ft., $10,000 cash back, special deposit program and other great incentives.*

SUITES FROM THE $200’s** NOW UNDER CONSTRUCTION raincondos.com

HERE’S HOW IT WORKS:

PAY $2500 DOWN$500/MONTH FOR 47 MONTHS

PLUSGET 1 YEAR FREE TTC PASS† &

A FREE TRIP FOR 2 TO THE CARIBBEAN†LIMITED TIME OFFER ON SELECTED SUITES†

LUXURY WATERFRONT LIVING FROM THE LOW $300’s**EAUDUSOLEILCONDOS.COM | 416.503.3328

†LIMITED TIME OFFER, PLEASE SEE SALES REPRESENTATIVE FOR DETAILS. SOME RESTRICTIONS APPLY TO $500 A MONTH HOME OWNERSHIP, 1 YEAR TTC PASS AND TRIP FOR TWO TO THE CARIBBEAN. OFFER ONLY AVAILABLE ON THE SUPERIOR, COBALT AND CYAN SUITES. RBC ON-SITE MORTGAGE APPROVAL IS REQUIRED. BALANCE OF 15% ON OCCUPANCY. *RESTRICTIONS APPLY TO THE CASH BACK INCENTIVE, NEW RELEASE SALES PROGRAM, SPECIAL DEPOSIT PROGRAM, EASY BUY PROGRAM, THE OPENING BONUS OF UP TO $80,0000 AND OTHER INCENTIVES AND SALES PROGRAMS WHICH ARE SITE SPECIFIC. **PRICES SIZES & SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. RENDERINGS ARE ARTIST’S CONCEPT. EXCLUSIVE LISTING BROKERAGE TFN REALTY INC. BROKERS PROTECTED. E.&O.E. FEBRUARY 2014.

VISIT THE PRESENTATION GALLERY AT 2183 LAKE SHORE BLVD. WESTMON-FRI: 12PM-6PM SAT & SUN AND HOLIDAYS: 12PM-5PM

ASK ABOUT OUR OPENING BONUS OF UP TO $80,000!*

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MARCH 1 - 15, 2014 NEW CONDO GUIDE 007

Page 10: GTA New Condo Guide, Mar 1, 2014

PHASE 1 80% SOLD

REGISTER NOW PHASE 2

MONDAY – THURSDAY 12 – 7PM, SATURDAY & SUNDAY 12 – 6PM, FRIDAY CLOSED

Exclusive Listing Brokerage Circle M Realty Corporation. Prices and specifi cations are subject to change without notice. Illustration is artist’s concept E.&O.E.

RICHMOND HILL’S BEST VALUE

NON TRANSPARENT

TRANSPARENT

NON TRANSPARENT

TRANSPARENT

NEW SUITES NOW AVAILABLE FROM THE LOW $300’s

A master planned urban community is taking shape at Yonge & Highway 7 in the heart of Richmond Hill. SkyCity Condos offers the best combination of location, value, lifestyle and amenities.

PHASE 1 UNDER CONSTRUCTION REGISTER AT SKYCITYCONDOS.COM OR CALL 905.709.5700

YON

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RED

MA

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BAYV

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AV

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HIGH TECH RD.

HWY 7

HWY 407 ETR

HILL 31455 Condo Guide.indd 1 2013-11-05 10:04 AM

008 NEW CONDO GUIDE MARCH 1 - 15, 2014

Page 11: GTA New Condo Guide, Mar 1, 2014

EXCLUSIVE LISTING BROKERAGE CIRCLE M REALTY CORPORATION. PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. ILLUSTRATION IS ARTIST’S CONCEPT E.&O.E.

905.603.6300DOWNTOWNERINMILLS.COM

SALES CENTRE: 4635 METCALFE AVE. HOURS: MON. - THURS. 12-7 PM, SAT. & SUN. 12-6 PM, FRI. CLOSED

Erin Centre Blvd.

Eglinton Ave. W.

Win

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Credit Valley Rd.

Hwy. 403

CONDO LIVING WITH A DOWNTOWN VIBE

INTRODUCING MISSISSAUGA’S EXCITING NEW MASTER PLANNED URBAN COMMUNITY, JUST STEPS TO THE VIBRANT ERIN MILLS TOWN CENTRE WITH OVER 180 SHOPS, DINING AND SERVICES. LIVE NEAR EXISTING PARKS, TRAILS, PUBLIC TRANSIT AND SCHOOLS. DOWNTOWN ERIN MILLS OFFERS A FINE COLLECTION OF URBAN CONDOMINIUM DESIGNS AND INSPIRED AMENITIES.SUITES FROM THE LOW $300’s

EMCC 32619 Condo Guide.indd 1 2014-02-18 3:53 PM

MARCH 1 - 15, 2014 NEW CONDO GUIDE 009

Page 12: GTA New Condo Guide, Mar 1, 2014

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Page 13: GTA New Condo Guide, Mar 1, 2014

See The Britt from a Different Point of View!

CONSTRUCTION STaRT

70% SOLD

Exclusive Listing Broker Milborne Real Estate Inc. Brokers Protected. Marketing Management by Anne Lambrou Living Visions Inc. Prices and specifications subject to change without notice. Illustrations are artist’s concept. E.&O.E.

• 24-hour executive concierge

• professional butler Service

• spa & wellness services

• executive home maintenance service

• 3 elegant lobby lounges

CONDOmINIUmS fROm The $270’S

ThebRITTCONDOS.COm 416.926.1669

new release: The Upper Suites, a limited number of upper floor residences, featuring impeccable services, lavish finishes and forever views.

MARCH 1 - 15, 2014 NEW CONDO GUIDE 011

Page 14: GTA New Condo Guide, Mar 1, 2014

TABLE OF CONTENTS

March 1 – 15, 2014

VOLUME 18 ISSUE 05

87 PETER puts residents in the

heart of the city

20

002 EDITOR’S NOTE

COLUMNISTS

016 BILD REPORT Affordability affects us all BY BRYAN TUCKEY

018 MORTGAGE TALK U.S. tapering and its effect on Canadian mortgage rates BY ALYSSA RICHARD

032 QUICK TIPS The seasonal switch-up BY HELLEN BUTTIGIEG

033 TAX MAN Ownership strategies for real estate investors BY GEORGE E. DUBE

038 CONDO PRO The search for the perfect home starts with location BY BARBARA LAWLOR

044 TARION REPORT Inspect your new condo carefully before you move in BY HOWARD BOGACH

048 FUNDAMENTALLY SPEAKING How to find a home? Pay attention to location, information and timing BY WAYNE KARL

056 INVESTOR ADVICE The phantom mortgage BY ANDREW LA FLEUR

058 LEGALLY SPEAKING Considerations for buying foreign property BY JAYSON SCHWARZ

080 MAKE YOUR MOVE How to prepare for the unexpected when moving BY CHUCK RESNICK

090 DESIGNER ADVICE Lighten up with perfect pillows and throws BY YANIC SIMARD

100 MONEY MATTERS How to get out of debt BY GAIL VAZ-OXLADE

24

COLUMNS, NEWS &

FEATURES

Page 15: GTA New Condo Guide, Mar 1, 2014

CONDO PROFILES

DESIGNER PROFILE42 Q&A with architect Rosario Varacalli

64 CANDEREL YC Condos Wowing residents with spectacular design, architecture and amenities

76 CITY CORE Harmony Village Sheppard Revolutionizing condo living for today’s Boomer and Zoomer generations

64

76

IN THE NEWS

014 THE DANIELS CORP. Living the high life at Daniels’ HighPark doesn’t come with a high price

046 TRIDEL Demolition starts at Alexandra Park!

052 SPECTRUM REALTY Spectrum Realty creates new highrise division

070 BRANDY LANE Hundreds attend grand opening of Wyldewood Cove

096 LASH GROUP ME living launches grand opening

HOMEBUYERS’ HELP

024 STYLE FILE Style report BY SARA DUCK

042 DESIGNER PROFILE Q&A with architect Rosario Varacalli BY LYDIA MCNUTT

066 HOMEBUYERS’ HELP Finding the perfect home: Top 10 mistakes and how to avoid them BY MARNIE BENNETT

072 AROUND THE HOUSE Manly obsessions: The man cave

082 HOMEBUYERS’ HELP How to research your new home purchase

084 AROUND THE HOUSE Feng shui in your life, and condo BY DANUSIA STEELE

086 FINANCES Canada’s top 10 tax questions answered

088 CONDO HUNTER’S CHECKLIST

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

112 CONDO WATCH 905 Previews, new releases and grand openings in the 905 area

120 HOT DATES What’s happening in and around the GTA

121 CONDO BUYERS’ RESOURCE SECTION You love the home, see what you can afford

126 INDEX OF ADVERTISERS

Page 16: GTA New Condo Guide, Mar 1, 2014

IN THE NEWS

DANIELS HIGHPARK CONDOMINIUMS IS LOCATED within one of Toronto’s most desirable neighbourhoods, directly across from nearly 400 acres of parkland at High Park and just steps from the ‘Village in the City’ - Bloor West Village. HighPark Condominiums has been an incredible success and now, The Daniels Corporation is making it even easier for you to make HighPark Condominiums and this neighbourhood your new home.

For a limited time, if you purchase a north-facing suite at HighPark Condominiums, you can take advantage of incredible cash savings, free parking and locker on suites over 535 sq. ft., free suite maintenance for one full year, and you can live free with no interim occupancy fees! (Some conditions apply; see a sales representative for full details.)

 Already well under construction, the residence is home to some of the city’s best amenities including 24-hour concierge service, a dog spa, car-share and resident bike engagement programs, and access to resident-only amenities at The Parkside Club. Offering 18,000 sq. ft. of unique indoor and outdoor amenities on three floors, The Parkside Club includes a rock-climbing wall, weight studio, home theatre, party rooms, outdoor terraces, and second-floor gardening plots. In addition, this striking 14-storey residence is anchored by a pedestrian-friendly courtyard

LIVING THE HIGH LIFE AT DANIELS HIGHPARK DOESN’T COME WITH A HIGH PRICE!The Daniels Corporation offers outstanding residences ‘Where Modern Urban Meets Mother Nature’

entrance on Bloor Street and a glass pavilion featuring over 15,000 sq. ft. of retail space.

 All of this can be yours in a location “Where Modern Urban Meets Mother Nature.” There are two subway stops close by and beautiful High Park is just across the street. The charming boutiques, markets, bakeries and restaurants of Bloor West Village are also a brief stroll away. What a sweet opportunity – and it’s even sweeter now that these fantastic, limited-time incentives are available. Suites range from studio to two-bedroom-plus-den designs and are priced from the $300,000s.

You can also register now to be among the first to find out about Daniels’ HighPark Condominiums Parkside Collection – just 12 two-storey walkouts offering street-side living steps to High Park and priced from only $699,900. To find out more, stop by the Daniels HighPark presentation centre at 2150 Bloor St. W., call 416.351.1844, or visit DanielsHighPark.com.

The charming boutiques, markets, bakeries and restaurants of Bloor West Village are a brief stroll away

014 NEW CONDO GUIDE MARCH 1 - 15, 2014

Page 17: GTA New Condo Guide, Mar 1, 2014

015

Page 18: GTA New Condo Guide, Mar 1, 2014

// BY BRYAN TUCKEY

Bryan Tuckey is President and CEO of the Building Industry and Land Development

Association (BILD) and can be found on Twitter (twitter.com/bildgta),

Facebook (facebook.com/bildgta), Youtube (youtube.com/bildgta) and

BILD’s official online blog (bildblogs.ca).

BILD REPORT

Every year, the home building and land development industry is tasked with the

challenge of building quality, complete communities for up to 100,000 people and 50,000 jobs that choose to come to the GTA each year.

It’s no small feat, especially when the industry’s biggest challenge is to ensure that these people can afford to purchase these homes without sacrificing quality.

But with constrained land supply, an outdated approvals process and rising government fees and charges, it is becoming increasingly difficult to do so. In fact, building homes and businesses that people can afford is an issue that poses a significant challenge for the industry, new-home buyers and every resident in the GTA.

AFFORDABILITY affects all of us

The building and development industry is one of the biggest economic engines in the region, creating more than 200,000 jobs each year. At the end of 2013, sales of new homes and condominiums in the GTA totaled just 28,406 – the second-lowest in the last 10 years.

It’s time for the industry, government and new-home buyers to start watching this market very carefully because today’s sales are tomorrow’s jobs.

Land supply has been an issue in the GTA for several years, with land prices more than doubling in the past decade. This diminishes the amount of new products our members can introduce into the market, and with less inventory come higher prices.

According to RealNet Canada Inc., the price index for a new condominium suite in the GTA is $436,564 while ground-related homes average as high as $654,147. While pricing in the highrise sector has stabilized, new lowrise homes have more than doubled in price in the last decade and continue to grow.

That puts home ownership out of reach for many prospective purchasers, especially first-time buyers and new Canadians who are already struggling to save up for a down payment.

According to the Altus Group, government fees and charges make up a considerable portion of the cost of a new home and are paid by new home purchasers. For a new highrise condominium, these charges can add up to more than $64,000 – just below 20 per cent of the total cost. In the lowrise sector, that number jumps to 23 per cent and more than $116,000 on average.

Many of these charges are unnecessary and a result of outdated zoning bylaws across multiple municipalities. Municipalities must ensure that local Official Plans and zoning by-laws are up to date in order to help our industry implement the intensification policies set out by Places to Grow and save new-home purchasers money.

This was one of many solutions put forth to the Ontario government by BILD and OHBA as part of the province’s public consultation of the land use planning system, as well as the Development Charges Act and Land Use Planning & Appeals Systems.

You can read all the recommendations by visiting our official blog at bildblogs.ca and typing “submissions to the provincial government” in the search box.

We are all in this together – the industry, government and the consumer – and we must work collaboratively and with integrity to find solutions.

Despite these challenges, the new homes market in the GTA remains optimistic as stabilized condo pricing, low interest rates and strong demographics have contributed to five straight months of positive year-over-year sales. If you’re in the market for a new home in the GTA, now is a great time to buy.

016 NEW CONDO GUIDE MARCH 1 - 15, 2014

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MORTGAGE TALK // BY ALYSSA RICHARD

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.

U.S. tapering

and its

EFFECT ON CANADIAN MORTGAGE RATES

What are “quantitative easing” and “tapering”? Over the last couple of months,

you’ve likely come across these words in any news story about the U.S. economy. What you may not have read about yet is the impact they have had on Canadian mortgage rates. Here’s a look at what’s been happening and what it could mean for mortgage rates in the future.

In the midst of the financial crisis, the U.S. Federal Reserve lowered its short-term overnight interest rate all the way to zero. This effectively left them with little power to further stimulate the economy. So, the central bank essentially printed more money to buy bonds and other financial assets from banks, in a program known as “quantitative easing.”

The banks, now flush with cash, were then able to loan more money to Americans, helping the economy grow. The bond-buying spree drove up bond prices and lowered yields (which have an inverse relation with prices). Lower yields then lowered borrowing costs, which stimulated the economy further.

The central bank repeated this a few times, until it eventually took its balance sheet to slightly more than $4 trillion – from roughly $800 billion pre-financial crisis.

In the first half of 2013, the U.S. Federal Reserve started talking about “tapering off” the quantitative easing program. The taper was officially announced in December, with a plan to purchase only $75 billion of debt securities in January and to reduce the purchases in future months.

THE EFFECT ON CANADIAN MORTGAGE RATES Under quantitative easing, the 10-year Treasury yield jumped from 1.65 per cent before any talk about tapering to 2.80 per cent in late August 2013. In January, it was sitting at 2.86 per cent.

U.S. markets often act as something of a “price setter” for the Canadian market, and Canadian bond yields tend to follow U.S. bond yields. Generally speaking, higher U.S. bond yields will result in higher Canadian bond yields.

Furthermore, Canadian fixed mortgage rates follow Canadian bond yields with a strong correlation. Since last May, both the five-year Canadian bond yield and average five-year fixed mortgage rate have risen substantially (shown in chart).

Overwhelmingly, economists expect U.S. bond yields to keep rising in 2014, as a result of an allegedly stronger U.S. economy and further (expected) tapering by the U.S. Federal Reserve; this would, in turn, push Canadian mortgage rates up even further.

1

2

3

4

May ‘13 Jun ‘13 Jul ‘13 Aug ‘13 Sept ‘13 Oct ‘13 Nov ‘13 Dec ‘13 Jan‘14

Best 5-Year Fixed 5-Year Government Bond Yields (BoC) Mortgage rates by: ratehub.ca

018 NEW CONDO GUIDE MARCH 1 - 15, 2014

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MARCH 1 - 15, 2014 NEW CONDO GUIDE 019

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COVER STORY

MENKES DEVELOPMENTS’ 87 PETER PUTS RESIDENTS IN

THE HEART OF THE CITY

KNOWN FOR LAUNCHING SOME OF TORONTO’S

GREATEST CONDOMINIUM RESIDENCES, Menkes Developments recently came in as the top highrise builder of 2013, according to RealNet data, with nearly one out of every 10 new condominium suites sold across the Greater Toronto Area bring a Menkes condo.

As the best-selling condo developer of 2013, Menkes recognizes that location matters most when determining a condominium’s value. Of course, the savviest condo insiders also understand that it takes more than just prime location to be great. It takes intriguing architecture, outstanding amenities, and chic interiors.

Great location, stylish design, superb amenities – 87 Peter has it all

Menkes has come to realize what it takes to be great and leads the industry by creating distinctive, design-focused, hip condominiums in iconic urban neighbourhoods like the Fashion District and the Entertainment District.

Its latest Entertainment District condominium, called 87 Peter, is located between King and Adelaide in the heart of Toronto’s entertainment hub. Arguably one of the most desirable addresses, 87 Peter is designed to cater to the ultimate urbanite, offering the best in downtown living.

“Located in the centre of it all, the area in itself can be considered 87 Peter’s most attractive amenity,” says Jared Menkes, director of development, Menkes Developments Ltd.

“Just half a block north of world-class theatres and restaurants on King West, and only a couple blocks south of the chic boutique shopping, avant-garde galleries and trendy nightlife of

020 NEW CONDO GUIDE MARCH 1 - 15, 2014

Page 23: GTA New Condo Guide, Mar 1, 2014

Designed by the celebrated firm of CORE Architects Inc., the 49-storey tower will boast a

striking design that will stand out amongst the rest, with its

eclectic glass exterior of dramatic black tones and distinct

notes of white, anchored by a bold stone podium

Great location, stylish design, superb amenities – 87 Peter has it all

Queen West, the best of Toronto lies just outside our front door.”

Designed by the celebrated firm of CORE Architects Inc., the 49-storey tower will boast a striking design that will stand out amongst the rest, with its eclectic glass exterior of dramatic black tones and distinct notes of white, anchored by a bold stone podium.

87 Peter offers a wide variety of suite layouts, ranging from a functional 318-sq.-ft. studio to a spacious, 782-sq.-ft. three-bedroom design. Working in collaboration with CORE, celebrated designer Mike Niven, of Mike Niven Interior Design Inc., will bring his signature flair for elegant, contemporary style to the design of 87 Peter’s suites and amenity spaces.

Suites will boast the ultimate in efficient, modern urban design, with nine-ft. ceilings and full-height thermally insulated energy-efficient windows, with laminate flooring in the foyer, living and dining rooms, kitchen, den and bedrooms. Units will have individually controlled central heating and cooling comfort systems, as well as ensuite laundry with stacked Energy Star washer and dryer.

The contemporary kitchens – with custom-designed cabinetry and quartz countertops with a choice of ceramic, porcelain or glass tile backsplash – will be fashioned to inspire food lovers to eat in, despite the amazing culinary offerings nearby. Every kitchen will feature a European-style appliance package and will include a built-in Energy Star fridge and dishwasher with custom panel fronts to match cabinetry.

Graciously appointed bathrooms will feature porcelain tile flooring and a custom-designed vanity with cultured marble top, integrated sink basin and full-width vanity mirror.

In addition to the area’s endless entertainment options, 87 Peter residents will enjoy exclusive access to an abundance of amenities. The luxurious Water Spa with individual treatment tubs, water massage beds, water walls and coed steam room will offer residents a calming retreat after a long day, while the billiards lounge, dining room, and party room with bar will provide a perfect place to entertain guests. Other amenities will include the gym and yoga centre, theatre lounge with pod seating, and manicure and pedicure room.

For your own 87 Peter experience, register at menkes.com.

MARCH 1 - 15, 2014 NEW CONDO GUIDE 021

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$225,990Suites from

ACROSS FROM SHERWAY GARDENS. MOVE IN TODAY WITH UP TO $20,000 CASH BACK.

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onesherway.com

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A NEW LANDMARK IS UNDERCONSTRUCTION.��CANADA’S�MOST

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onebloor.com

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By Appointment

$280,990Suites from

LIVE AT YONGE AND RICHMOND. CITY, TOWER AND LOMBARD SUITES AVAILABLE.

26 Lombard St.416.499.8883yongeandrich.com

Sales Centre

Coming soon. Condos at King & Parliament. Coming Spring 2014. Urban Towns in Queen West. Coming Spring 2014. For more information, register at greatgulf.com/comingsoon

UP TO $10,000 OFF SELECT SUITES.MOVE IN THIS YEAR! THE CORNER OF

JARVIS AND CHARLES.

PHASE 3 FINAL RELEASE ON SALE NOW.BOUTIQUE CONDO LIVING AT

WINSTON CHURCHILL AND EGLINTON.

Great Gulf. Choose greatly.

022 NEW CONDO GUIDE MARCH 1 - 15, 2014

Page 25: GTA New Condo Guide, Mar 1, 2014

$225,990Suites from

ACROSS FROM SHERWAY GARDENS. MOVE IN TODAY WITH UP TO $20,000 CASH BACK.

225 Sherway Gardens Rd.416.695.3535

onesherway.com

Sales Centre

$479,990Suites from 33 Bloor St. E

416.927.0080x2condos.com

Sales Centre

$549,990Suites from

A NEW LANDMARK IS UNDERCONSTRUCTION.��CANADA’S�MOST

CONNECTED CORNER.

33 Bloor St. E416.922.0081

onebloor.com

Sales Centre

$224,990Suites from 4635 Metcalfe Avenue

905.828.4257hotcondominiums.com

Sales Centre

$336,000Suites from

LIVE�ON�TORONTO’S�NEW�BLUE�EDGE,� THE�CIT Y’S�NEXT�GREAT�WATERFRONT COMMUNITY.

291 Lakeshore Blvd E416.466.8885mondecondominiums.com

Sales Centre

$946,990Suites from

FABULOUSLY STYLISH CONDOMINIUMS AT KING & CHARLOTTE. MOVE IN THIS YEAR!

416.927.9772charliecondos.com

By Appointment

$280,990Suites from

LIVE AT YONGE AND RICHMOND. CITY, TOWER AND LOMBARD SUITES AVAILABLE.

26 Lombard St.416.499.8883yongeandrich.com

Sales Centre

Coming soon. Condos at King & Parliament. Coming Spring 2014. Urban Towns in Queen West. Coming Spring 2014. For more information, register at greatgulf.com/comingsoon

UP TO $10,000 OFF SELECT SUITES.MOVE IN THIS YEAR! THE CORNER OF

JARVIS AND CHARLES.

PHASE 3 FINAL RELEASE ON SALE NOW.BOUTIQUE CONDO LIVING AT

WINSTON CHURCHILL AND EGLINTON.

Great Gulf. Choose greatly.

MARCH 1 - 15, 2014 NEW CONDO GUIDE 023

Page 26: GTA New Condo Guide, Mar 1, 2014

What’s trending in decor for 2014? We’ve put together some inspiration boards to get your decorating juices flowing!

STYLE FILE

// BY SARA DUCK

#stylereport

PANTONE 19-3224 RADIANT ORCHID

Pantone — the leading authority on colour — released its 2014 Colour of the Year: Radiant Orchid. This beautiful purple hue with rosy pink undertones is a great colour to play with in your home, and pairs well with teal, yellow and neutrals. “Radiant Orchid reaches across the colour wheel to intrigue the eye and spark the imagination,” says Leatrice Eiseman, executive director of the Pantone Color Institute.

PURPLE

REIGN

Maxwell Dickson Purple Orchid Throw Pillow. $67. Visit overstock.com

Astrid Settee in Plum. $2,098. Visit anthropologie.com

MIX DIFFERENT SHADES OF PURPLE TOGETHER FOR A RICH LOOK.

Brockhampton Star Wallpaper. $225 per roll. Visit farrow-ball.com

Second Life Rug. $2,695. Visit elte.com

Purple and Gold Agate Coasters. $125.

Visit jonathanadler.com

CONTINUED ON PAGE 26…

024

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Rupin Opulent Bloom Print Dress. $440. Visit tedbaker-london.com

3 Botanical + Birch Wall Art – Stencil Leaf. $123. Visit westelm.com

Hörja Lamp Shade. $20. Visit ikea.ca

FLORAL & FOLIAGE

PRINTS

FROM THE RUNWAY TO YOUR HOME,

DRAMATIC FLORAL & FOLIAGE PRINTS ARE

A BIG STATEMENT IN FASHION AND

DECOR FOR 2014.

NATURAL WOOD ACCENTS ARE ONE OF THE HOTTEST TRENDS IN HOME DECOR. INCORPORATING WOOD WILL BRING WARMTH AND TEXTURE TO YOUR SPACE.

NATURAL WOOD

ACCENTS

Irish Coast Extension Table. $1,199. Visit urbanbarn.com

Adrift Table Lamp. $149. Visit urbanbarn.com

Rings Headboard in Black. $280 for Queen. Visit pier1.ca

Scroll Headboard in Black. $280 for Queen. Visit pier1.ca

CLASSIC

IRON

HEADBOARDS

WE LOVE IRON HEADBOARDS, A NICE CHANGE FROM THE POPULAR FABRIC DESIGNS OF LATE.

STYLE FILE

CONTINUED ON PAGE 28…

CONTINUED…

026

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MARCH 1 - 15, 2014 NEW CONDO GUIDE 027

Page 30: GTA New Condo Guide, Mar 1, 2014

Mini Abacus Table Lamp – Mercury. $69. Visit westelm.com

MERCURY

GLASS

THIS CLASSIC ELEMENT FEELS MODERN AGAIN, ESPECIALLY WHEN PAIRED IN A SPACE WITH NATURAL ELEMENTS SUCH AS WOOD.

MID-CENTURY

DESIGNPhoto by Jan Baldwin courtesy of the Farrow & Ball Decorating with Colour book. By Ros Bryan Shaw, published by Ryland Peters & Small.

WE ARE SO INSPIRED BY THIS DESIGN DECADE.

PAINTED PERFECTION

Photo by Jan Baldwin courtesy of the Farrow & Ball Decorating with Colour book. By Ros Bryan Shaw, published by Ryland Peters & Small.

MAN’S BEST FRIEND IS APPEARING

EVERYWHERE IN 2014, FROM FRAMED PICTURES TO

COOKIE JARS TO PILLOWS – IT’S FIDO’S TIME TO SHINE.

POSH

POOCHESSweater Pup Cookie Jar.

$68. Visit anthropologie.com

STYLE FILE

PAINT ISN’T JUST FOR THE WALLS! SHAKE UP YOUR WOOD FLOORING BY PAINTING IT A STRIKING HUE.

CONTINUED ON PAGE 30…

CONTINUED…

028

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ECLECTIC

PRINTS

PRINTS ARE BACK FOR 2014. THE KEY WITH THESE PRINTS IS TO HAVE FUN MIXING AND MATCHING, FOR A TRULY UNIQUE LOOK.

Napkins in Various Colours. $13 for four. Visit sears.ca

Drew Chair. $999. Visit crateandbarrel.ca

Comforter Set. $180 for Queen. Duvet Cover Set. $160 for Queen. Four Piece Sheet Set. $100 for Queen. Euro Sham. $40 each. Medallion Cushion. $40. Crewel Embroidered Cushion. $40. Visit sears.ca

WATCH FOR COPPER

THIS IS THE PRECIOUS METAL IN 2014.

Kubus 4 Candleholder. $225. Visit dwr.com

STYLE FILE CONTINUED…

Organics Stone Dinnerware by Lenox. $60 for four piece set. Visit bedbathandbeyond.ca

STONEWARE & HANDMADE

POTTERY

030

Page 33: GTA New Condo Guide, Mar 1, 2014

YORKVILLE LIVING OWN THE SKY

WITH 10-FT HIGH CEILINGS

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REGISTER NOW CHAZYORKVILLE.COM 416.922.0045

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Page 34: GTA New Condo Guide, Mar 1, 2014

// BY HELLEN BUTTIGIEG

Hellen Buttigieg is a certified professional organizer, life coach, TV

host, owner of We Organize U and author of the best-seller, Organizing Outside The Box. For tips on getting

organized, visit WeOrganizeU.com and sign up for the free newsletter.

QUICK TIPS

Make some space for your spring and summer, and don’t give Jack Frost another thought

It’s time for the seasonal switch-up. Make some space for your spring and summer, and don’t give Jack Frost another thought.

MAKE ROOM FOR SPRING. It’s that wonderful time of year again when we can put away the winter gear and lighten the load. Although there’s never enough storage, there are creative ways to better utilize existing spaces when storing out-of-season items.

Here are some ideas to consider: add another shelf above the existing one in all the closets, and purchase under-the-bed organizers. If your bed is not high enough, you can get a bed riser to lift it. Consider creating a document on your computer that serves as an index to outline where you’ve stored what. When winter arrives, you won’t have to rely on your memory to find what you need.

HOW LONG HAVE YOU BEEN PUTTING OFF THAT RUMMAGE SALE? Have you been saving items for years with the intention of selling them, but never seem to get around to it? Pull out your calendar today and book a definite date to have your sale this spring. Blocking the time now increases the likelihood of following through with it later.

Another option is to forgo the big sell-off entirely and donate these items instead. It takes several days to orchestrate a successful sale, so determine whether the money you’ll make is worth the time and energy it will take. After all, you can always get more money but you can never replace lost time.

JUMP-START YOUR SPRING CLEANING WITH BABY STEPS. If you don’t know where to begin when it comes to spring-cleaning your home, start small. Pick just one room. Moving clockwise, remove anything that doesn’t belong in that room and place it in a “move elsewhere” box to deliver to the room it should live in. Pull out anything that doesn’t give you joy or value and place it in a “give away” box. Toss or recycle any papers and garbage that are left over. Designate this room as a “no-clutter zone” so you will always have a sanctuary to escape to, regardless of what your other rooms look like.

HAVE YOU STORED YOUR WINTER COATS YET? If you’ve been putting off the task of storing your winter coats because you don’t have an extra closet, there’s a solution. A sturdy, rolling garment rack makes an ideal spot to store winter coats during the summer.

Be sure to dry-clean all items before storing, even if they look clean. Body oils and not-yet-visible food stains attract moths – especially on wool coats. Cover the clothes with a clean, cotton bed sheet or use a zippered canvas wardrobe cover specifically designed for this purpose to keep your clothes dust-free. If you don’t have room for a garment rack, store seasonal items in large garment bags, suitcases or under-bed storage bins.

At first, you’re afraid to put away winter gear because it is hard to believe that

unrelenting, snow-filled season is coming to an end. But as spring slowly slides into place, and you’re finding spring jackets and raincoats being layered on hangers atop winter jackets. The hall closet is bursting at the seams trying to contain the collection of everything from mitts and snow boots to umbrellas and Wellies.

MAKE WAY FOR SPRING!

The seasonal switch-up:

032 NEW CONDO GUIDE MARCH 1 - 15, 2014

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Register at menkes.com

Introducing the city’s most connected address. A downtown condominium overlooking the bustle of the

city and the beauty of the lake. Walking distance from Toronto’s most savoury restaurants, bars and cafes, and a stone’s throw from incredible shopping, cultural attractions, Air Canada Centre and the Rogers Centre.

Rich with amenities. Enriched with possibility.

Introducing 87 Peter.

c mings on

Page 37: GTA New Condo Guide, Mar 1, 2014

Register at menkes.com

Introducing the city’s most connected address. A downtown condominium overlooking the bustle of the

city and the beauty of the lake. Walking distance from Toronto’s most savoury restaurants, bars and cafes, and a stone’s throw from incredible shopping, cultural attractions, Air Canada Centre and the Rogers Centre.

Rich with amenities. Enriched with possibility.

Introducing 87 Peter.

c mings on

Page 38: GTA New Condo Guide, Mar 1, 2014

NOW OPEN

Church & CarltonToronto

Starting from $237,990 416.591.7700

MOVE IN NOW

Bay & Yorkville,TorontoStarting from $1.9 millionyorkvilleresidences.com

416.775.7500

NOW OPEN

Richmond & SpadinaToronto

Starting from $287,990 416.591.7700

MOVE IN NOW

Evans & QEW, EtobicokeStarting from $225,990

onesherway.com 416.695.3535

MOVE IN THIS YEAR

Yonge & Park HomeNorth York

Starting from $443,990 416.730.9722

UNDER CONSTRUCTION

Avenue & DavenportToronto

Starting from $396,000 416.323.0100

COMING SOON

York & HarbourToronto

Register now atmenkes.com

COMING SOON

Peter & KingToronto

Register now atmenkes.com

facebook.com/MenkesLife @MenkesLife

Your life storey starts here.

Prices and speci� cations are subject to change. E.&O.E. March 2014.

Page 39: GTA New Condo Guide, Mar 1, 2014

THE TAX MAN

WHEN BUYING REAL ESTATE TODAY, THINK about what your situation will be in 10, 20 and more years. Will you have adequate resources available after taxes are paid? If all goes according to plan, you will age along with your investments. Discussing the appropriate ownership structure for your family, and how it will change over time, can save untold grief and taxes.

In the early stages, having the higher income spouse own properties and receive the deductions common to the early years of investment property ownership provides some tax advantages. As you earn additional income and sell properties, splitting properties between spouses may lower rates of tax within the family. But, changing property ownership can produce expensive tax consequences.

Considering alternative forms of ownership now, such as corporations and family trusts, is prudent. While alternative ownership may be completely inappropriate now, from a tax perspective it may be far more effective to allow for the benefits of a structure to accrue over time. For example, creating a family trust for real estate ownership while your children are five years old may provide an excellent vehicle to pay for post-secondary education while potentially protecting assets. The more time you have to plan and implement, the more benefits are available. You just don’t want to go overboard in setting up an elaborate structure that generates additional costs and complexity to operate.

// BY GEORGE E. DUBE

To incorporate or not to incorporate: OWNERSHIP STRATEGIES

FOR REAL ESTATE INVESTORS

However, this is not a do-it-yourself project. While splitting income between family members is generally a good thing from a tax perspective, Canada Revenue Agency restrains certain activities with, for example, the “attribution” rules. In essence, in some situations the CRA believes that income earned by a family member truly belongs to another who contributed the funds for the investment or previously owned the investment.

We like to discuss structuring real estate investments within a framework of five major categories. Your priorities within the framework mean you can make the best decision for today, and tomorrow. Often, we provide completely different recommendations for very similar situations.

Ultimately, you must decide what is best for you and your family, but you need the input from your advisers to appreciate the choices and ramifications. Unfortunately, your advisers may have differences of opinion and so get them to explain why they believe in one course of action over another. Armed with this information, you can make more knowledgeable decisions. Ideally, your advisers can have a brief discussion with each other and with you to highlight areas of agreement and disagreement. Then you can weigh the choices.

Generally, we consider our recommendations in the following order, allowing that priorities may differ. A quick overview of these priorities is provided.

1 FlexibilityPersonally, we like having as many choices as possible. Choices of how to remunerate owners, how to structure investments with co-investors without negatively affecting the co-investors, when to remunerate owners, who amongst the owners can be remunerated, how much owners should be remunerated, how properties within the portfolio may be disposed and changing the specific investors in a particular property. Corporations with joint ventures tend to provide more choices as compared to personal ownership or partnerships, for example.

MARCH 1 - 15, 2014 NEW CONDO GUIDE 033

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2 Legal issuesWhile this is the domain of lawyers and their advice is paramount, liability concerns are often critical for many investors, so we offer some general comments. From our perspective, we don’t believe that anything approaching a universal opinion exists amongst the legal profession with well respected lawyers on both sides of the “should I incorporate?” question. While not generally an initial concern for investors, discussions of using family trusts in the legal context often takes place for some purchases once you own a base level of real estate. Advisers often talk about limited partnerships in the context of attracting multiple investors.

3 Taxation impactFrom a tax perspective, no one answer exists concerning forms of ownership with accountants in a similar position to lawyers regarding universality. This is further exasperated by the fact that a structure may be better or worse for you in different cases. For example, your time line for investment, objectives of your investments, nature of your investments, other business and financial activities currently and in the future, plus family situation, all play a role. For someone unconcerned with flexibility and legal issues, who earns reasonable employment income and who is interested in a “buy and hold” strategy there is little tax incentive

GEORGE E. DUBE is a veteran real estate investor and chartered accountant with the practice Dube & Cuttini Chartered Accountants LLP. George is a frequent guest speaker, has written articles, and co-authored two books: 81 Financial and Tax Tips for the Canadian Real Estate Investor: Expert Money-Saving Advice on Accounting and Tax Planning and Legal, Tax & Accounting Strategies for the Canadian Real Estate Investor. George is a member of the Real Estate Investment Network Faculty. Visit dubecuttini.com. Email [email protected], call 1.877.475.3823 and follow George on Twitter @dubecuttini.com

Considering alternative forms of ownership now, such as corporations and family trusts, is prudent

to incorporate. Alternatively, someone who wants to flip or develop properties, has more family members interested in owning real estate, or currently earns business income through a corporation may be more inclined to incorporate. Further, someone wanting to attract multiple investors may prefer to remain more neutral from a tax perspective. This can be accomplished using the “flow-through” capabilities of a limited partnership because the investors can themselves decide how they prefer to own their partnership units (for example, personally or through a corporation).

4 Financing considerationsWith the guidance of your mortgage broker or financial institution representative, consider the impact of the potential structure on receiving financing for current and future properties. Various financing programs are often restricted to personal ownership, for example. Again, we’ve encountered a wide range of opinions from financing professionals but wish to emphasize that many legal and ethical ways exist to attract financing.

5 Professionalism and organizational issuesGenerally speaking, we think a corporation provides a more professional image and an ability to segregate personal from corporate activities. This level of professionalism may, however, scare off potential vendors or co-investors.

Similarly some people find it much easier to understand and track their real estate portfolio when everything is basically in the same pot, or owned personally as compared to having separate little “shelves” with one or more entities.

This brief synopsis shows that many choices exist, and in fact many more considerations and combinations are available, for ownership. But don’t get taken in by the sexiness of a fancy structure that you don’t understand and fails to meet your needs. You can grow into a structure when you’re ready. Changing your structure in the future may cost a little more, but you will have additional assets and cash flow to address these costs.

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CONDO PRO // BY BARBARA LAWLOR

The search for the perfect

home

When shopping for that perfect home, there is so much to think about, but

location always tops the list in importance. I encourage new condo buyers to consider this key factor from many ways.

For example, it’s important to take your work commute into consideration in a realistic way. Too often, people look at a map, draw lines on it and measure distances as the crow flies. This is not a good idea, because crows fly over the road twists and turns, through traffic lights and

other things you have to contend with. When you are considering specific buildings, be logical and do a little homework before you sign on the dotted line.

The best way to find out whether your commute is reasonable from a particular building is to start out from that location during rush hour and actually do the drive. Then drive back to that condo after work. You may be surprised at how long – or how short – the trip is. A condominium that is farther from your workplace may, in fact, be a quicker drive, depending on its proximity to major highways, GO stations, etc. You may, for instance, find condominiums in areas such as Richmond Hill, Mississauga or Pickering that are an easier commute to Toronto than some located right in the city. Those who commute from the 905 areas may also find car-pooling an attractive solution, as they can then use the high-occupancy lanes on major highways.

Shift workers who commute outside of rush hour may have a completely different outlook on location. Again, do the commute during the times when you usually drive and see just how it is. There is always the viable alternative of taking public transit. For trips in and around Toronto, whether for work or pleasure, it may make a lot more sense for you to hop onto a bus or the subway.

It’s a great idea to look at the location of the condominium you’re considering in other ways as well. Start from the building and walk around. And what can you do without driving or even taking public transportation? Shop? Bank? Drop off dry cleaning? Think about the places you visit often, including the homes of family members and friends. Will those trips be a breeze? Are you taking night courses? How convenient will it be to travel to your school?

There are so many things in life affected by a condominium’s location. For empty-nesters who are approaching retirement years and downsizing, a condo that enables them to stay in the residential area they know and love can be a wonderful solution. For first-timers who do not own a car, a suite in a condominium on a subway line in the hub of the city is great. And living downtown is becoming increasingly popular for families who feel that the shorter commute means more time to spend with their kids.

Then again, with entrepreneurship such a popular lifestyle today, there are many condo owners who work out of their homes – and let’s face it, no commute is the best commute of all! Today’s advanced technology has even sparked some employers to have employees work from home part of the week. This means that from a work/commute perspective, they have phenomenal choice when it comes to location.

Whatever your circumstances and preferences, a great condominium location is rightly at the top of your must-have list. Be optimistic and realistic, and you will make the right choices!

Barbara Lawlor is president of Baker Real Estate Inc., and an in-demand

columnist and speaker. A member of the Baker team since 1993, Barbara oversees the marketing and sale of

condominium developments in the GTA and overseas.

STARTS WITH LOCATION

For first-timers who do not own a car, a suite in a condominium on a subway line in the hub of the city is great

038 NEW CONDO GUIDE MARCH 1 - 15, 2014

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Model photography may vary from actual Model Suites Exclusive Listing: CityLife Realty Ltd, Brokerage. Brokers Protected. *Daniels’ Rent-To-Own Program is only available on a select number of suites. **Metropass is only available on select suites. See Sales representative for full details. Prices, specifications and programs are subject to change without notice. Illustrations are artist concept. E. & O.E. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without written permission of The Daniels Corporation, is strictly prohibited. See Sales Representative for full details.

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DESIGNER PROFILE

“ROSARIO VARACALLI” IS A NAME

SYNONYMOUS WITH innovative, transformative, soaring structures

– words that aptly describe both his architectural style and the highrises themselves. You’ve heard his name if you’ve been paying attention to Toronto’s architectural landscape, but if the name escapes you then his architecture has certainly made a lasting impression over the past 25 years.

Among his creations, a rising star currently in the works is 1 Yorkville, developed by Bazis and Plaza – a slender, singular tower wrapped in undulating metallic ribbons running from top to bottom, playing shadow and light against each other for an ever changing, always eye-catching exterior. We chatted with the award-winning architect to get his perspective on this design, and the city around it:

LYDIA MCNUTT Yorkville’s multi-faceted façade is its claim to fame. What influenced your idea for this ever-changing exterior? ROSARIO VARACALLI I am fascinated in creating patterns on buildings that are graphical and memorable. LM What public reaction are you hoping to achieve? RV I hope that people will come to realize that architecture can have an influence on the neighbourhood in which it is created.

LM What was your approach to combining this ultra-modern structure with the historic Yorkville Village buildings below it – opposites in both their scale and style? RV We wanted to create a juxtaposition between the old and new that brings the historic value of the older buildings seamlessly into the elegant modern design of the new structure.

ROSARIO VARACALLI

// BY LYDIA MCNUTT

Q&A with

042 NEW CONDO GUIDE MARCH 1 - 15, 2014

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LM What do you consider about the surrounding environment when designing buildings in urban areas? RV I look at the public realm, the culture of the neighbourhood, its uses, the skyline; essentially the context in which the building will find itself.

LM What do your architectural designs say about you and your personality? RV Innovative – I am always looking for innovative solutions to the location, innovative ways in using materials, innovative shapes, etc.

LM How do you envision the future of highrise in Toronto? RV Highrise living is becoming more and more a source of a principle residence for people living in Metro Toronto. As immigration increases and space in the city lessens, and those living in the suburbs become impatient with the commute into downtown, we are seeing an increase in the desire to live in less space in a more convenient location closer to one’s workplace and to the amenities of the city. The result is that the only direction for the city is to go up. This clearly aligns with the City of Toronto’s mandate for intensification in the downtown areas and a continued interest for builders to address that requirement.

For more information, visit bazis.ca/1-yorkville.

…a slender, singular tower wrapped in undulating metallic ribbons running from top to bottom, playing shadow and light against each other for an ever changing, always eye-catching exterior

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// BY HOWARD BOGACH

Howard Bogach is president and CEO of Tarion Warranty Corp. For more

information about how Tarion helps new-home buyers, visit tarion.com or

find them on Facebook at facebook.com/TarionWarrantyCorp.

TARION REPORT

One distinction between buying a new home in Ontario, versus an older

resale, is the mandatory warranty supplied by your builder and guaranteed by Tarion. The warranty ensures that homeowners receive a

new home that is constructed in a workmanlike manner, is free from defects in material, is fit for habitation and is constructed in accordance with the Ontario Building Code. The first chance homebuyers get to inspect their new home is during the Pre-Delivery Inspection, also known as the PDI, which takes place before you move in.

Your builder is required by Tarion to conduct a PDI with you on or before the day you take possession. This is your opportunity to view your home in its entirety, learn about how to maintain it and take stock of anything that may be damaged, incomplete, missing, or not working properly.

You may be excited to show it off to your friends and family, but this is not the time. The PDI is an important part of taking possession of your new home and deserves your full attention. If you are not able to attend yourself, you can ask someone you trust to be there on your behalf.

During the PDI, you should carefully examine your home both inside and out. Look for things such as chips in bathtubs and sinks, scratches on countertops, damage to floors, walls, cabinetry or other finishings, and doors and windows that are not secure or do not open and close easily.

Your builder’s representative will note everything down on a PDI form. Review the form carefully to make sure it’s complete. This will become the official record of the condition of your home before you moved in. In case of a disagreement between you and your builder over whether any damage occurred before or after you took possession, we will refer to the notes on your PDI form.

If for any reason, the condition of the home makes it impossible to accurately assess it, for example, if there is still too much construction dust or debris covering the surfaces, you should ask the builder’s representative to reschedule the inspection until the home is cleaned. If you are unable to assess something during the PDI, simply make note of it on the PDI form.

Use the PDI as an opportunity to ask questions and learn about how your home functions. Your builder will show you how to operate your home’s systems, such as heating, electrical, air conditioning and plumbing, and provide you with operating manuals.

The New Home Buyer section on tarion.com has a number of resources to help you prepare for your PDI such as the PDI checklist and a guide to Getting Ready for the PDI. You’ll also find the Homeowner Information Package, or HIP, which your builder will provide on or before your inspection date. I always recommend buyers read the HIP before their inspection. Being informed and well prepared is the best way to start your home-ownership experience!

If you have questions about your warranty, visit tarion.com or find us on Facebook at facebook.com/tarionwarrantycorp.

INSPECT YOUR NEW CONDO CAREFULLY before you

move in

044 NEW CONDO GUIDE MARCH 1 - 15, 2014

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ACTUAL VIEW OF CORKTOWN COMMON PARK FROM THE 11TH FLOOR OF CANARY PARK CONDOMINIUMS.

and everything in between.COMING SOON TO CANARY DISTRICT

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IN THE NEWS

THE DREAM OF A REVITALIZED ALEXANDRA PARK moved closer to becoming a reality recently, with a ceremonial demolition event that occurred on the community’s site. The sub-zero temperatures of the frosty February day did not deter the 80 or so attendees comprised of residents, special guests and project partners, who came to see the official kick-start of the 18-acre revitalization.

Local City Councillor Adam Vaughan joined executives from Toronto Community Housing Corp., Atkinson Housing Co-operative, community residents, project partners and consultants and Tridel’s vice-president of planning and development, Stephen Upton, for the momentous day.

Residents gathered and spoke about their connection to the community and how thrilled they were for the transformation to begin. Toronto Community Housing Corp. presented the long-standing residents with a ceremonial brick from the pre-existing townhouses as a gift, recognizing their contribution to the planning and building process of Alexandra Park.

Speaking on the neighbourhood’s revitalization and Tridel’s role as the Phase One residential partner in the public-private partnership, Upton commented, “One of the most important things is that this community will create opportunity for ownership.

“As a residential development, it has the power to not only change the urban landscape, but also to change lives for the people who live and who will live here; people who are proud of their community and what it means to see the start of a new community begin to grow.”

The demolition officially marks the start of the first phase of the Alexandra Park revitalization. Phase One will consist of two market condominiums, including Tridel’s recently launched SQ, as well as over 60 rental townhomes which will be rebuilt. The phase will also include the construction of a new street and extension of a second street, to improve the pedestrian connection to the rest of the community and its surroundings.

SQ at Alexandra Park has had an overwhelming response, selling over 50 per cent of the development at launch in less than a month. Designed by Teeple Architects, SQ will stand 14-storeys tall and will boast a contemporary façade of staggered squares on the building’s exterior. Starting

Demolition starts at ALEXANDRA PARK!

from the mid-$300,000s, suites will feature array of desirable finishes with up to 10-ft. ceiling heights.

As dignitaries called for demolition to start, the crowd cheered and applause rang, marking the true beginning of a new and revitalized Alexandra Park.

ALEXANDRA PARKWhen completed, Alexandra Park will be an 18-acre master-planned community, consisting of two new market condominiums, including SQ at Alexandra Park. The community will also consist of new and revitalized tAtkinson Co-op residences and townhomes, as well as revitalized Toronto Community Housing residences, including senior residences. The community will also improve pedestrian access, provide new public and private open space, a new public park, retail space, and expand the existing Alexandra Park Community Centre.

For more information on SQ at Alexandra Park, visit tridel.com or call 416.661.1949. For your own personal SQ experience, visit the presentation centre located at 519 Queen St. W. from Monday to Thursday 11 a.m. to 7 p.m.; and Saturday, Sunday and holidays from noon to 6 p.m.

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FUNDAMENTALLY SPEAKING // BY WAYNE KARL

Wayne Karl is an award-winning writer and editor with experience in real estate

and business. In Fundamentally Speaking, Wayne explores the basics of buying property. He can be reached at

[email protected] follow him on Twitter at

Twitter.com/WayneKarl

Despite what you often hear, buying a home isn’t only about location, location, location. True, this is the time-tested first rule of real estate, but there are other determining factors you must consider as part of your

selection process. Indeed, there’s a new rule of thumb for buying real estate.

LOCATION

First, what does that old adage really mean? Of course, we’d all love a high-end home in the best neighbourhood. But that’s not always possible. For your own enjoyment while you live in your home as well as for future resale potential, proximity to transportation, shopping, schools and other amenities is among the key determinants that affect your property’s appeal and ultimately its value. After all, those are the qualities potential buyers look for when searching for a home; the more of them your home has when you go to sell, the more desirable it will be to a greater number of people. This equates to demand – multiple offers and a higher price.

INFORMATION Whether you’re a first-time homeowner, “buying up” to accommodate a growing family or “right-sizing” as an empty nester, education is critical. And these days, with digital media and mobile technology, all the information you need is at your fingertips. From the content here in this magazine, to the resources available to you at Canada Mortgage and Housing Corp. (CMHC), to the local market expertise of new-home sales staff and realtors, the more knowledge you have, the better equipped you are to make informed decisions about buying, maintaining and eventually selling your home.

TIMING Though your home is your primary residence, it is also an investment. Where you buy is usually determined largely by where you want to live, work and play. But when you buy and sell is also important. Like any financial instrument, real estate can fluctuate in value and your timing can determine how good of an investment it is. Given today’s challenging economic climate, there’s no shortage of media reports on the ups, downs, crashes and surges of the housing market. But if you’ve done your research, you won’t be spooked – or excited – by big-picture reports on short-term market performance. You know that real estate is not national or even regional – it’s very specific. You don’t buy the Canadian market and you don’t buy a provincial or even regional market. You buy a specific home, on a specific street in a specific neighbourhood.

So, it’s not just about “location, location, location.” The new adage is “location, information and timing.” Do well with all three, and over the long haul your home is going to be one of the best lifestyle and investment decisions you ever made.

Like any financial instrument,

real estate can fluctuate in value and your timing can determine

how good of an investment it is

HOW TO FIND A HOME? Pay attention to location

information and timing

048 NEW CONDO GUIDE MARCH 1 - 15, 2014

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IN THE NEWS

SPECTRUM REALTY CREATES NEW HIGHRISE DIVISION, announces Mira Tomljenovic as vice-president

ABOUT SPECTRUM REALTYSince its inception in 1992, the partners at Spectrum Realty have endeavored not only to create a niche in the marketplace, but a foothold. Today, some 22 years later, Spectrum Realty is one of the largest independent brokerages in Canada, and the leader in lowrise sales within the GTA. The four partners set out to deliver unparalleled service to its builder clients. Their goal was to be instrumental in every facet of the process, from acquiring land parcels, to the creation of draft plans, architectural and marketing advice, and providing professional and qualified sales staff to their clients. Spectrum Realty has close to 200 agents with many exclusive builder clients with sites that stretch from Newcastle in the east, Fort Erie in the West, right up to Muskoka in the north. Spectrum has been responsible for the sale of more than 30,000 new homes since its inception, and has been directly involved in creating some of the region’s most iconic neighbourhoods.

SPECTRUM REALTY IS PLEASED TO ANNOUNCE the creation of its very own highrise division involving the same team that helped shape the lowrise industry for the past 22 years. The partners at Spectrum Realty Services Inc. are pleased to announce the appointment of Mira Tomljenovic as vice-president of High Rise and partner at the new Spectrum Sky Inc.

This official announcement has made on Feb. 19 at Touro Steakhouse & Wine Bar in Richmond Hill, among a selected group of esteemed industry professionals and highrise developers.

Mira was the co-founder and past president of ln2ition lnc., a new home and condo sales and marketing company. She has over 25 years of experience in real estate, planning and project management fields and has won multiple industry awards, including the coveted Riley Brethour Award for Achievement in Residential Sales and Marketing. Along with her contributions to the industry, Mira has also co-founded the Race for Humanity, an annual fundraising event for Habitat for Humanity which has gained international recognition for community spirit in the building industry. She is actively involved in the Building Industry and Land Development Association (BILD), frequently spoke on panels, and has been instrumental in organizing the annual housing tours throughout North America since 2004.

“We are redefining our reality, and while it makes perfect sense to use our past successes as a foundation, we are creating something totally new,” says Mira. She will work in unison with Silvio Deluca and Joseph Bozzo, creating one of the GTA’s most dynamic and innovative High Rise Marketing teams.

052 NEW CONDO GUIDE MARCH 1 - 15, 2014

// PHOTO CREDIT: VITO AMATI

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CHINESE HOME & CONDO GUIDE

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054 NEW CONDO GUIDE MARCH 1 - 15, 2014

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THE PHANTOM MORTGAGE:

INVESTOR ADVICE // BY ANDREW LA FLEUR

Are you afraid of the dreaded “phantom mortgage”? Phantom mortgage is another

name for occupancy fees which are payable from the date that you take occupancy of your condo unit until final registration of the building when your mortgage kicks in. You pay for the right to occupy your unit but you don’t have a mortgage yet. There is a lot of misinformation out there about occupancy fees. Before you decide that occupancy fees are something to fear as a condo investor, here are five things to know:

Andrew la Fleur is an award-winning realtor with Re/Max. Andrew’s expertise is

in helping investors make money in the Toronto Condo Market. Visit

TrueCondos.com/NewCondoGuide for a free gift. Contact Andrew at

416.371.2333 or [email protected]

5 things every investor should know

1. Occupancy fees are unavoidable (with one exception...)Occupancy fees will have to be paid to the developer every time you purchase a new condo. There is no way around it, except if you pay the full balance owing to the developer on your occupancy date. Since you can’t get a mortgage on an unregistered building, the only way to do this is with cash or other non-registered loan. If you want to do this, make sure you get a clause in your agreement to allow for full payment of balance owning on occupancy.

2. Occupancy fees are lower if you are higher What I mean by this is, the higher up your unit is in the building, the shorter the occupancy period will be because buildings are constructed and finished from the ground up. So, if you buy a unit on the second floor, you can expect a long occupancy period compared to someone who bought the penthouse. Consider that when choosing a floor to buy into pre-construction. Occupancy periods are typically three to six months.

3. Better developers = shorter occupancy periodsOften but not always, there is a relationship between the length of the occupancy period and the experience level of the developer. The more experienced the developer, the shorter the occupancy period. Buying from a developer with a bad reputation or little experience can sometimes result in an extended occupancy period.

4. Short occupancy period is best for you and the developerThis is the most important thing to remember. Developers want to register the building as quickly as possible and to have the occupancy period as short as possible because they don’t get their money from the banks until the building is registered and all the unit owners have their mortgages commence.

5. Occupancy fees are prescribedRest assured that developers can’t simply pull an amount out of the air to charge you for occupancy fees. In fact, they are simply this: interest payable on the remaining balance owing on your unit (interest rate is prescribed and based on Bank of Canada rates), plus property taxes, plus maintenance fees.

Ultimately, if you are an investor and you intend to rent out your property, your occupancy fees will be paid for by your tenant – just be sure you have the developer’s permission to lease your unit during the occupancy period. Until next time, happy investing!

Buying from a developer with a bad reputation or little experience can sometimes result in an extended occupancy period

056 NEW CONDO GUIDE MARCH 1 - 15, 2014

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The opportunity to own a gorgeous new condominium in Toronto’s dazzling Entertainment District is more exciting than ever before, now that The Daniels Corporation has introduced their limited-time “Peel the Reel to Reveal your Deal” program.

This means that anyone who purchases at Cinema Tower over the next little while will be able to receive $35,000 Cash Back or more! In addition, homeowners can buy with only 5 per cent down and $0 closing costs. But, that’s not all – Daniels has three beautiful model suites including one fully furnished model, so you can see for yourself Daniels’ outstanding quality construction and innovative design.

PEEL THE REEL TO REVEAL YOUR DEAL!

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*Limited time offer conditions apply. See Sales Representative for full details. **Some exceptions apply. Exclusive Listing: CityLife Realty Ltd, Brokerage. Brokers Protected. Prices, specifi cations and programs are subject to change without notice. Illustrations are artist concept. E. & O.E. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without written permission of The Daniels Corporation, is strictly prohibited.

*Conditions apply. See Sales Representative for details.

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The opportunity to own a gorgeous new condominium in Toronto’s dazzling Entertainment District is more exciting than ever before, now that The Daniels Corporation has introduced their limited-time “Peel the Reel to Reveal your Deal” program.

This means that anyone who purchases at Cinema Tower over the next little while will be able to receive $35,000 Cash Back or more! In addition, homeowners can buy with only 5 per cent down and $0 closing costs. But, that’s not all – Daniels has three beautiful model suites including one fully furnished model, so you can see for yourself Daniels’ outstanding quality construction and innovative design.

PEEL THE REEL TO REVEAL YOUR DEAL!

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intersection of Life, Camera, Action with an authentic connection to TIFF Bell Lightbox in

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SUITES FROM THE MID $400,000s

*Limited time offer conditions apply. See Sales Representative for full details. **Some exceptions apply. Exclusive Listing: CityLife Realty Ltd, Brokerage. Brokers Protected. Prices, specifi cations and programs are subject to change without notice. Illustrations are artist concept. E. & O.E. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without written permission of The Daniels Corporation, is strictly prohibited.

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DON’T WAIT, ACT NOW!

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The opportunity to own a gorgeous new condominium in Toronto’s dazzling Entertainment District is more exciting than ever before, now that The Daniels Corporation has introduced their limited-time “Peel the Reel to Reveal your Deal” program.

This means that anyone who purchases at Cinema Tower over the next little while will be able to receive $35,000 Cash Back or more! In addition, homeowners can buy with only 5 per cent down and $0 closing costs. But, that’s not all – Daniels has three beautiful model suites including one fully furnished model, so you can see for yourself Daniels’ outstanding quality construction and innovative design.

PEEL THE REEL TO REVEAL YOUR DEAL!

COME IN AND PEEL THE REELTO REVEAL YOUR DEAL OF

$35,000 CASH BACK OR MORE!*Now’s the BEST time to buy at the

intersection of Life, Camera, Action with an authentic connection to TIFF Bell Lightbox in

the heart of the Entertainment District.

SUITES FROM THE MID $400,000s

*Limited time offer conditions apply. See Sales Representative for full details. **Some exceptions apply. Exclusive Listing: CityLife Realty Ltd, Brokerage. Brokers Protected. Prices, specifi cations and programs are subject to change without notice. Illustrations are artist concept. E. & O.E. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without written permission of The Daniels Corporation, is strictly prohibited.

*Conditions apply. See Sales Representative for details.

HOURS: Mon and Tues: 12-6pm Wed: 12-8pm Thurs and Fri: Closed Sat and Sun 12-5pm

VISIT OUR NEW SALES OFFICE TODAY!21 Widmer Street, Suite 1306

VIEW OUR FULLY FURNISHED MODEL SUITE AND SPECTACULAR AMENITIES!

PLUS, BUY WITH 5% DOWN AND $0 CLOSING COSTS**

CINEMATOWER.COM 416.203.2020

*

TO REVEAL

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THE SAVINGS ARE INCREDIBLE AT THIS HIGHLY SUCCESSFUL FILM-INSPIRED RESIDENCE. Nowhere else does your suite purchase come with an authentic connection to the neighbouring TIFF Bell Lightbox, featuring a 3-year membership offering exclusive perks and privileges. Imagine being invited to attend events held in Cinema Tower’s technologically advanced screening room and getting early access to tickets for TIFF Bell Lightbox events, including the Toronto International Film Festival, before they go on sale to the public! Plus, when you’re not taking in the TIFF scene this downtown location offers world-class theatre, superb restaurants and great shopping.

Cinema Tower is a shining star in this coveted downtown location. The residences’ Lobby features a 24 hour Concierge and the entrance is framed by STRATA, a stunning artistic element by Canadian Artist Peter Powning. Those who have already moved in are excited to enjoy the amenities in the 12,000 square-foot CLUB CINÉMATHÈQUE. This social space includes the Party Room with a catering

kitchen, bar and walkout to the Urban Outdoor Terrace. Residents can cook in the alfresco kitchen, barbecue and lounge beside a soothing rock fountain withinthis outdoor space. The club also features a Screening Room, Full-Court Gymnasium, outdoor Sun Deck, Fitness Studio, Yoga and Pilates Zone, indoor Steam Room and Hot Tub.

Actual model suite

Full Court Gymnasium

SUITES FROM THE MID 400,000s

With sustainability in mind, Cinema Tower is built to the LEED® Certifi cation Standard, with unique features such as an all-off master light switch and double-paned Low-E glass windows. Suites also include 9-foot ceiling heights, engineered wood fl ooring, and kitchens with Miele appliances, quartz countertops and handcrafted Irpinia cabinets.

Cinema Tower suites begin from the mid-$400,000s, and immediate occupancies are available. If you’d like to own but are still saving for a down payment, ask about Daniels’ Rent2Own Program. Choose a suite, sign an Agreement of Purchase and Sale and begin accumulating your down payment when you move in. A portion of your monthly rent, plus, your initial deposit, will be credited toward your 5 per cent down payment. After one year, top off your down payment for your closing. It’s that easy!

such as an all-off master light switch and double-paned Low-E glass windows. Suites also include 9-foot ceiling

Cinema Tower suites begin from the mid-$400,000s, and immediate occupancies are available. If you’d like to

Agreement of Purchase and Sale and begin accumulating your down payment when you move in. A portion of your monthly rent, plus, your initial deposit, will be credited toward your 5 per cent down payment. After one

ASK ABOUT

OUR FANTASTIC

RENT2OWN

PROGRAM

Urban Outdoor Terrace

Actual model suite

Entertainment DistrictLocation

TIFF Connection

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THE SAVINGS ARE INCREDIBLE AT THIS HIGHLY SUCCESSFUL FILM-INSPIRED RESIDENCE. Nowhere else does your suite purchase come with an authentic connection to the neighbouring TIFF Bell Lightbox, featuring a 3-year membership offering exclusive perks and privileges. Imagine being invited to attend events held in Cinema Tower’s technologically advanced screening room and getting early access to tickets for TIFF Bell Lightbox events, including the Toronto International Film Festival, before they go on sale to the public! Plus, when you’re not taking in the TIFF scene this downtown location offers world-class theatre, superb restaurants and great shopping.

Cinema Tower is a shining star in this coveted downtown location. The residences’ Lobby features a 24 hour Concierge and the entrance is framed by STRATA, a stunning artistic element by Canadian Artist Peter Powning. Those who have already moved in are excited to enjoy the amenities in the 12,000 square-foot CLUB CINÉMATHÈQUE. This social space includes the Party Room with a catering

kitchen, bar and walkout to the Urban Outdoor Terrace. Residents can cook in the alfresco kitchen, barbecue and lounge beside a soothing rock fountain withinthis outdoor space. The club also features a Screening Room, Full-Court Gymnasium, outdoor Sun Deck, Fitness Studio, Yoga and Pilates Zone, indoor Steam Room and Hot Tub.

Actual model suite

Full Court Gymnasium

SUITES FROM THE MID 400,000s

With sustainability in mind, Cinema Tower is built to the LEED® Certifi cation Standard, with unique features such as an all-off master light switch and double-paned Low-E glass windows. Suites also include 9-foot ceiling heights, engineered wood fl ooring, and kitchens with Miele appliances, quartz countertops and handcrafted Irpinia cabinets.

Cinema Tower suites begin from the mid-$400,000s, and immediate occupancies are available. If you’d like to own but are still saving for a down payment, ask about Daniels’ Rent2Own Program. Choose a suite, sign an Agreement of Purchase and Sale and begin accumulating your down payment when you move in. A portion of your monthly rent, plus, your initial deposit, will be credited toward your 5 per cent down payment. After one year, top off your down payment for your closing. It’s that easy!

such as an all-off master light switch and double-paned Low-E glass windows. Suites also include 9-foot ceiling

Cinema Tower suites begin from the mid-$400,000s, and immediate occupancies are available. If you’d like to

Agreement of Purchase and Sale and begin accumulating your down payment when you move in. A portion of your monthly rent, plus, your initial deposit, will be credited toward your 5 per cent down payment. After one

ASK ABOUT

OUR FANTASTIC

RENT2OWN

PROGRAM

Urban Outdoor Terrace

Actual model suite

Entertainment DistrictLocation

TIFF Connection

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PRESENTATION CENTRE

21 Widmer Street, Suite 1306

HOURS:Mon & Tues: 12-6pm

Wed: 12-8pmThurs - Fri: Closed�

Weekends & Holidays: 12-5pm

CINEMATOWER.COM416.203.2020BEFORE IT’S TOO LATE

ACT NOW!

Exclusive Listing: CityLife Realty Ltd, Brokerage. Brokers Protected. *Limited time offer. See Sales Representative for full details. Specifi cations and programs are subject to change without notice. Illustrations are artist concept. E. & O.E. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without written permission of The Daniels Corporation, is strictly prohibited.

Daniels was named the Tarion Warranty Corporation’s 2012 Ontario High Rise Builder of the Year and the recipient of the 2012 Toronto Arts and Business Award presented by the Toronto Arts Foundation. Among its many initiatives, Daniels was chosen to partner with Toronto Community Housing to revitalize Regent Park

– 69 acres in the heart of Toronto’s Downtown East. Committed to community, Daniels offers innovative programs that help people achieve homeownership, champions neighbourhood initiatives that enhance residents quality of life, and supports numerous charities and non-profi t organizations.

LOOKING FOR THE BEST DEAL IN THE ENTERTAINMENT DISTRICT? *

TO REVEAL

The Daniels Corporation is one of Canada’s pre-eminent builder/developers, building more than 24,000 new homes across the Greater Toronto Area for 32 years.

VISIT DANIELSHOMES.CA TO LEARN MORE

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LEGALLY SPEAKING // BY JAYSON SCHWARZ

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.

Canadians have never been more interested in owning foreign property than now.

Whether it’s to plan for retirement, generate additional income or have a vacation place of your own, we are often drawn to home ownership at our favourite destination.

Thanks to low interest rates and a stable economy, Canadians have the upper hand and the world knows it.

However, home ownership in another jurisdiction means a slew of considerations that are complex and at times, overwhelming. In the U.S., for example, there are estate tax issues that come up, and you may require a specially designed Trust to avoid Uncle

Sam hitching his horse to your wagon in the event of the property owner’s death. There are issues of law if the country does not have a British system and if it’s

run on civil or Napoleonic law – Martinique and St. Martin are examples. There may be other issues of property ownership such that foreign nationals may only be able to lease, not own.

The next issues relate to the vendor. Are you purchasing from a reputable organization? If it is a brand new condo, how are you sure the developer will be around if things go wrong? What guarantees are there on your deposits if the company goes broke and does not finish the project?

It sounds like a lot to think about… but it was so easy to sign up during the tour. So, really, what are you buying? Are you buying a timeshare, outright ownership or a long-term lease? More and more questions.

HERE IS A LIST OF A FEW QUESTIONS THAT NEED TO BE ANSWERED ON A PRELIMINARY BASIS ON A FOREIGN RESORT OR NEW CONDO PURCHASE BEFORE YOU MAKE ANY OFFER:1. Location – why are you choosing this location for a second home?2. How much time will you spend in a typical year in your second home?3. Will you typically bring friends and family?4. What are the common fees and how are they set and controlled?5. What are resales like for the development?6. What is the legal structure and laws that apply in the country you are looking

at purchasing in?7. Would you rent the property out, and if yes, what are your expectations and needs

on rental income?8. What security is there for deposits and payments?

HERE IS THE LITMUS TEST TO GO FORWARD:A. How did the resort or sales centre answer those eight questions?B. Did they satisfy you with their knowledge and professionalism?C. Did they try to push you into signing something without the opportunity to

consult with a lawyer?

If those questions are answered to your satisfaction, then you know you are in the right place.

If you have an intention to buy, make inquiries and find a lawyer, possibly a referral from your lawyer or friends at home. You need to understand the tax implications of a purchase, and more importantly, the tax impact if you sell for a profit or earn income. As an example, Barbados is a Canadian tax treaty partner and you may get favourable consideration on a capital gain or on rental income. Each country is unique and you need a lawyer or accountant to help you figure it all out.

Buying a second home in a warm locale is a dream many Canadians share. If the deal is properly structured, the home you purchase can bring years and years of happy memories and quite possibly a great return down the road. Good luck.

Considerations for buying FOREIGN

PROPERTY

The home you purchase can bring years and years of happy memories and a great return

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SWIM AMONG THE CLOUDS

YCCONDOS.COM

At YC Condominiums, the top fl oor isn’t reserved for penthouse suites, it’s reserved for you.

AQUA66 is one of the highest infi nity pools in the Western Hemisphere.

Sixty-six stories above the city, surrounded by endless views, this is your oasis in the sky.

Spectacular resort-like amenities and luxurious suites are all a part of life at YC Condominiums.

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SWIM AMONG THE CLOUDS

MOST SUITES UNDER $600’S PENTHOUSES FROM $1 MILLION+

CONDOMINIUM RESIDENCES COMING SOON TO YONGE AT COLLEGE

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

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CONDO PROFILE

as one of Toronto’s leading condominium developers, Canderel Residential has

always strived to raise the bar! Reaching above the competition, the developer tries to go higher and farther than any other condominium, always looking for unique ways to set them apart from the competition.

Now, Canderel is poised to bring the ultimate in style and sophistication to Toronto’s inner core with the launch of their newest development in the historic College Park neighbourhood – YC Condos.

“In designing YC Condos, we truly wanted to go above and beyond the ordinary,” says YC Condos’ designer Diego Burdi, creative partner at Burdifilek. “We combined a classic and timeless design with a clean, modern aesthetic to create a unique

CANDEREL RAISES THE BAR ONCE AGAIN YC Condos will wow residents with spectacular design, architecture and amenities

building that will stand as a Toronto landmark for generations to come.”

Indeed, YC Condos’ prime location at Yonge and College will bring fabulous style to Toronto’s core. Designed by the architects at Graziani & Corraza, the building’s exterior will boast a dramatic façade of contrasting colour and varying depth, with glass-enclosed balconies wrapping the building.

Standing at 66 storeys, Tower Suites will range from studios to three bedrooms and start in the high $200,000s, while the Penthouse Suites will range from 1,000 to 1,500 sq. ft. and start from just over $1 million to over $1.5 million.

Penthouse suites on floors 59 through 63 at YC Condos will include approximately 10-ft. smooth ceilings, engineered glued-down wood flooring, eight-ft. high solid core contemporary-style swing interior doors or sliding doors, gas fireplace with a natural stone surround, separate laundry room with ceramic tile flooring and front-loading stacked washer/dryer, and generous wrap balconies that offer exceptional panoramic and unobstructed views of downtown Toronto and beyond.

Gourmet kitchens will boast custom-designed

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INDEED, YC CONDOS’ PRIME LOCATION AT YONGE AND COLLEGE WILL BRING FABULOUS STYLE TO TORONTO’S CORE. DESIGNED BY THE ARCHITECTS AT GRAZIANI & CORRAZA, THE BUILDING’S EXTERIOR WILL BOAST A DRAMATIC FAÇADE OF CONTRASTING COLOUR AND VARYING DEPTH, WITH GLASS-ENCLOSED BALCONIES WRAPPING THE BUILDING.

built-in extended cabinetry with contemporary panel doors, five built-in appliances, stainless steel undermount sink, double-edged quartz countertops, quartz backsplash, under-cabinet lighting and a spacious kitchen island for entertaining.

Master ensuites will feature a contemporary vanity with mirror and two undermount sinks with chrome single-lever faucets, freestanding deep soaker tub, separate shower stall with frameless glass door (as per plan), full-height glass mosaic tiles in shower enclosure and natural stone tile flooring.

Welcoming residents home after a long day is the stunning exposed concrete and marble lobby, providing a modern, chic gateway into the lifestyle at YC Condos.

“While the architecture and design at YC Condos is like no other, we are very proud to be offering residents an immense array of amenities, some of which have yet to be included in any condominium in Canada,” says Riz Dhanji, vice-president of sales and marketing at Canderel.

Taking things to a new level, YC Condos will boast 17,400 sq. ft. of world-class amenities on three floors – the seventh, 64th and 66th floors, and the impressive 9,310-sq.-ft. amenity space on the seventh floor includes an outdoor terrace.

“But nothing we’ve ever done before will match the 60-ft. wide infinity pool at YC Condos,” says Dhanji. “It is a first for the North American market.”

Set high in the sky on the 66th floor, Aqua66 is one of the only infinity pools of its kind in the western hemisphere. Residents will be able to escape the hustle and bustle of the city in glamorous style in the pool’s 4,415-sq.-ft. facility, offering plenty of space to relax and indulge in the sky-high pristine setting.

Other spectacular amenities will include Lounge64, a 3,715-sq.-ft. social lounge area complete with bar, transparent fireplace, billiards table, and a beautifully appointed dining room and catering kitchen, all with unobstructed south views of the lake and the Toronto skyline. Residents will be able to get an invigorating workout in the seventh-floor state-of-the-art gym with dedicated yoga and stretch studio that opens to the fresh air. Also on the seventh floor is an impeccably designed social space, which includes a 3,390-sq.-ft. outdoor terrace, two private dining rooms each with an outdoor terrace and built-in barbecue areas for dining al fresco.

Standing tall is what Canderel is all about and YC Condos will be no exception. For more information, and to register for your priority preview, visit yccondos.com.

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HOMEBUYERS’ HELP

Buying a new home is one of the most significant decisions of your life. Be properly educated and make all the right moves to ensure your home is both a comfortable place to live and a

great investment for the future. Here is a list of the 10 most common mistakes to avoid:

1. FAILING TO USE A TRUSTED ADVISER A home is the greatest asset of your life, so you need to ensure you have done the proper homework. It is critical that you work with a professional such as a trusted real estate representative and lawyer. Make sure your real estate professional is dedicated to the job full time, and that they know exactly what you’re looking for in your top neighbourhood – not their’s. Work with someone who gets you the best price and a hassle-free experience.

2. WASTING TIME BY LOOKING AT HOMES YOU CAN’T AFFORD Most buyers don’t know what they can afford. It is critical that you know both your credit rating and how much of a mortgage you qualify for before you begin shopping for a home.

Get a full mortgage pre-approval from your bank or broker, which is a commitment from the lender that states the purchase price and your interest rate – guaranteed for a specific amount of time, usually 90 to 120 days.

When buying a brand new build, you will need a capped rate up to 18 months to accommodate the construction period. With this approval in hand, you can then concentrate on looking at condos you know you qualify for.

3. BUYING THE WRONG HOME The first thing prospective buyers should do is make a list of priorities and outline the “must-haves” and your

“wish list.” Determine the desired housing style, number of bedrooms, bathrooms, neighbourhood, parking and proximity to work or public transportation. There are so many choices, so be clear and concise, and stick to your budget.

4. TRYING TO SAVE MONEY BY NOT HIRING A PROFESSIONAL HOME INSPECTOR A home inspection can help distinguish a home that is a money pit from one that is a gem. Even brand new home buyers can benefit from a home inspection.

// BY MARNIE BENNETT

FINDING THE PERFECT HOME:

Top 10 mistakes and how to avoid them

Marnie Bennett is the number one Realtor worldwide for Keller Williams Realty Inc.,

and is in the top one per cent of North America’s realtors. She is a broker with

KWVIP Realty and team leader of Bennett Real Estate Professionals. Contact

[email protected] for a free copy of 10 Deadly Mistakes Buyers Make

When Purchasing a Home. bennettpros.com

Be properly educated and

make all the right moves to

ensure your home is both a

comfortable place to live and a great

investment for the future

CONTINUED ON PAGE 68…

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Now OpenON ST. CLAIR AVENUE WEST IN HILLCREST VILLAGE

Life. Lived better.

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ST. CLAIR AVE W

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SALESCENTRE

WHERE LUXURY TAKES WING. The city’s most sophisticated new residence. With oversizedterraces, modern design and an unbeatable midtown St Clair West address, The Nest, Residencesof Hillcrest Village is the perfect place to land. Define your way to live surrounded by all theconveniences at your door step including transit. FROM THE MID $200’S.

P R E S E N T A T I O N C E N T R E

784 ST. CLAIR AVE WEST,just west of Arlington Ave.

MON-WED 12-6 PM SAT+SUN 12-5 PM

THENESTCONDOS.COM416.223.0003

BROKERS PROTECTED. Rendering is an artist’s impression. Sizes and specifications are subject to change without notice. E.&O.E.

TheNest.newcondoguideAD:Layout 1 14-02-20 1:14 PM Page 1

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5. NOT REVISITING YOUR TARGET NEIGHBOURHOOD A FEW TIMES It is critical that you view the home at different times of the day and at night. You want to ensure you made the right decision on your neighbourhood of choice – and potentially your new neighbours.

6. GIVING IN TO FEAR Yes, buying a home is a scary thing and you may not feel certain you’ve found the right place. Should you buy now? Will prices fall? Will you receive any incentives? Should you keep looking? Remember, when you’re renting you are making someone else rich and not building equity in your own home. When you become a homeowner, you have a fixed asset and you’re on your way to financial freedom. Do your homework and be ready to make the decision when you find the perfect home for you. Have confidence.

7. NOT BEING PREPARED FOR CLOSING COSTS The down payment is one thing, but there are other closing costs such as lawyer fees, land transfer taxes, utilities, insurance and others, so be prepared. You may also be eligible for government programs such as the Home Buyers’ Tax Credit and Home Buyers’ Plan, so do your research and know what your total costs will be.

8. NOT UNDERSTANDING YOUR MORTGAGE This is a complex and often-intimidating topic, but what you learn (or don’t learn) about mortgages could save or cost you thousands of dollars. Key factors are your interest rate and amortization, but also find out what your payment privileges are, whether the mortgage is portable, your down payment requirement, insurance needs, if the mortgage is open, closed, variable or fixed. Understand the terms and what they mean for you.

9. FAILING TO UNDERSTAND THE DIFFERENCES BETWEEN BUYING A NEW AND RESALE HOME Resale and new homes each have their own advantages and disadvantages. Make a list and compare them. For example, with a new home you have choices such as style, finishes and the suite’s location in the building – and everything is new. But you also may face construction delays, which could impact your finances or current living arrangements. With resale, what you see is what you get. Figure out which scenario is best for you.

10. BEING ILL-PREPARED FOR MOVING DAY It is important to establish a list of priorities and ensure you have contacted the utility companies, secured proper insurance, booked movers, rerouted your mail and finalized all financing. If you do all your homework and you’re well prepared, moving day can be the start of one of the greatest experiences of your life.

CONTINUED… HOMEBUYERS’ HELP

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IN THE NEWS

HUNDREDS ATTEND GRAND OPENING OF WYLDEWOOD COVENow over 50 per cent sold!

that was built exclusively for Wyldewood Cove.”

Located off Hwy. 26, the community is cradled by a 15-acre nature preserve along the west, and Georgian Bay on the north. Wyldewood Cove will have its own shore-side trail featuring a Lighthouse Lookout pergola. The on-site trail links to the central promenade that includes a skating rink, which transforms into a landscape feature in summer. The trail then connects to the year-round pool, where residents can take a dip during any season they please. The deep water channel will be enhanced with floating docks, swim platforms and adjacent kayak storage.

Wyldewood Cove’s intimate lowrise buildings have inviting portico entrances, and the one-bedroom, one-bedroom-plus-den, two-bedroom and three-bedroom open-concept layouts are ideal for entertaining. The spectacular loft-style designs have a dramatic two-storey vaulted ceiling, and an additional full bathroom on the upper level.

The sales office is at 11352 Hwy. 26 at Cranberry Trail East, just west of downtown. Hours are Friday to Tuesday noon to 5 p.m.; closed Wednesday and Thursday. Visit WyldewoodCondos.ca or call toll free 1.888.445.9608.

BRANDY LANE HOMES’ NEWEST COLLINGWOOD

CONDOMINIUM COMMUNITY, Wyldewood Cove, is another resounding success. Wyldewood Cove has proven a hit with Toronto-area residents who enjoy the great outdoors. Now over 50 per cent sold, an excellent selection of condos is still available across the community’s seven Manor-style buildings, all of which offer amazing views. Priced from just $169,990 with the vast majority under $250,000, these beautiful homes offer the best of four-season living in an area renowned as Ontario’s “Ski and Golf Country.”

“There will never be another opportunity like Wyldewood Cove, and we’ve been overwhelmed by the response to this unique community,” says David Hirsh, president of Brandy Lane Homes. “These condos offer unprecedented value given their location right on Georgian Bay, the year-round Collingwood-area activities, and spectacular deep water channel

PICTURED

Response to this unique community and its spectacular four-season lifestyle is phenomenal

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WILSON AVE

TIPP

ETT

RD

WILSON SUBWAY

YORKDALE SUBWAY

ALL

EN R

D

HWY.401

YORKDALE MALL

CAN YOU AFFORD TO BUY AT THE STATION?

RUN. WALK. SUBWAY. HURRY. UNDER CONSTRUCTION.

IT’S BACK. DON’T MISS OUT.

YES YOU CAN!

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

Just like that, in 13 months, your down payment will be done and you’ll be the proud owner of an amazing new condo with expansive Terrence Lukas-designed interiors, spacious balconies, and amenities like The Studio Club, fitness centre and the city’s first indoor/outdoor heated party rooms.

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

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

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

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

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

FOR THE NEXT 13 MONTHS, YOU PAY JUST $962/MONTH TOWARD

THE DOWN PAYMENT AND WE’LL MATCH IT WITH AN EQUAL $962 DISCOUNT OFF

THE PRICE OF YOUR CONDO.

416.398.9777 THESTATIONCONDOS.COM

10% DOWN = $45,000

On Tippett Road, south of Wilson Avenue / Mon to Wed 12–6pm Sat + Sun 12–5pm

$450,000

10%

*Conditions apply. On select suites only. See sales rep for details. Prices, specifications and deposit structures are subject to change without notice. E. & O.E. Exclusive Listing Brokerage: The Condo Store Realty Inc., Brokerage. Brokers protected. Illustration is artist’s impression. **Source: theglobeandmail.com

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

WE’LL MATCH THAT

$10,000ONLY $25,000 TO GO.

$20,000=YOU PUT DOWN

$10,000

THE E-A-S-Y OWNERSHIP PROGRAM:

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AROUND THE HOUSE

The “man cave” can be a spare room in your condo, it can occupy the whole basement or garage, and some guys are even building cabanas for their get-away

“MOST IMPROVEMENTS THAT HOMEOWNERS MAKE TO

their property will increase its value, if done right,” says Lou Grossi, managing broker at Intercity Realty Inc., Brokerage based in Vaughan, Ont. “There are many ways to boost your own enjoyment of your property while creating features both you and a future purchaser appreciate,” he adds.

“One that especially appeals to me is the man cave, or ‘manctuary,’ which I plan to include in the new house I’m currently building for my own family. You can spend a few hundred dollars, or into the thousands.” Man caves have grown in popularity in recent years as the men in the house look for a place to call their own – a place to display their trophies, favourite collectibles and prized possessions. The man cave can be a spare room in your condo, it can occupy the whole basement or garage, and some guys are even building cabanas to house their get-away.

Lou discusses his proposed man cave with Flora DiMenna of Flora DiMenna Designs, who has conceptualized many manctuaries. “When it’s in a basement, that sort of improvement can increase the value of a home because it adds a new dimension to the entire living space,” says Flora. “It transforms the basement area from storage or workshop to home

MANLY OBSESSIONSentertainment and much more.” “I know you’re a sports fan, so you’ll surely be among the 75 per cent of guys who have a big-screen TV in their man cave,” says Flora. That figure comes from a recent survey by Servicemagic.com. “But there can be a lot more to the man cave feature than just an entertainment centre,” she adds.

Some man caves will be a cabana at pool-side and have a large 80-in. screen TV, fireplace, bar, pizza oven, indoor grill and barbecue for “man” events. This type of so-called man cave is actually a great complex for family, relatives and friends to enjoy. These cabanas are normally pool side with a great overhang for tables, a fully equipped washroom, shower and change room. Depending on the size, they can also accommodate holiday parties and special events.

Garages are still wonderful man cave options where the cost may be less than totally finishing the

CONTINUED ON PAGE 74…

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The survey reports that other popular man cave features include a bar, fridge and one or more recliners

FEB 15 - MAR 1, 2014 NEW CONDO GUIDE 074

basement or building a cabana. These garages are now being heated with good insulated metal roll-up garage doors with tiled or epoxy painted floors. They are also adding beautiful wood drop type ceilings with jazzy looking pot lights, great seating and lounging areas, and all this to showcase their favourite car! Be it an old Chevy, Corvette or a sleek Ferrari, it’s their baby and they love to hang out in their man cave with friends, enjoying their prized possessions.

The survey reports that other popular man cave features include a bar, fridge and one or more recliners. Flora notes that a finished basement enhances value when it is completed at the same level as the rest of the home and uses similar finishes such as trim, molding, doors and hardware. “As you well know, in the real estate business Lou, the special features that have been added to a property are so often the very ones that make the sale happen. Start by doing research on the types of surface finishes, lighting, and the various features you want in your man cave,” says Flora.

Lou agrees and adds, “When it comes time to sell, homeowners can recoup 73 per cent of their investment with a higher list price. It’s always a good plan to keep an eye on the future value of any real estate.”

And who says that a man cave must be stationary? Flora designed a private coach bus (pictured) with a washroom, private lounge area, TVs, sports gaming equipment, a

great sound system, and lighting tied in to the music which changes LED lights along with the beat. That is certainly one of the most unique man caves.

There’s no question that, when done right, thoughtful improvements and additions enrich the value of most people’s greatest asset and investment: their home.

Intercity Realty Inc., Brokerage, is an independent real estate brokerage firm with the experience, connections and youthful energy which clients are seeking. Visit intercityrealty.com and follow Intercity Realty on Facebook and Twitter @InterCityRealty.

AROUND THE HOUSE CONTINUED…

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CONDO PROFILE

HARMONY VILLAGE SHEPPARD:Revolutionizing condo living for today’s Boomer and Zoomer generations

the wait is almost over for Baby Boomers and Zoomers eager to downsize their real estate and upgrade their lifestyle. The first

Harmony Village will open its doors and welcome the community with the launch of Harmony Village Sheppard in early spring.

Located on Sheppard Avenue, just west of Warden Avenue, Harmony Village Sheppard is setting the new standard in amenities and services. The development will feature

beautiful, well-crafted homes that are part of an integrated community. Forget having to jump into the car to run errand; on-site shops and restaurants will cater directly to residents’ everyday needs.

And anyone who was stuck without power during the December ice storm can take heart – Harmony Village will be energy independent. The developers are incorporating the latest in co-generation and geothermal technologies to keep residents safe and comfortable year-round. The entire development will be powered through Combined Heat and Power (CHP) Generators – also known as “cogeneration” – that simultaneously generates electricity and heat. Both towers will have generators on their rooftops to

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protect against power failures while lowering electricity costs.

In the event that city power lines are damaged, Harmony Village residents will continue to have heat, lighting and power. This revolutionary technology is already incorporated into buildings in Europe and the United States. The team at Harmony Village is bringing sustainability to a new

level by providing lower utility costs and no blackouts – a win-win for everyone.

Harmony Village Sheppard will revolutionize the condo market and offer an array of unit sizes and features, including:›› 291 units with prices starting at $175,500;›› LEED Gold designed residential condominium community;›› geothermal/solar heating and cooling technologies with three times the

normal insulation throughout the residential and community buildings;›› the entire facility will generate its own electricity providing residents’ total

peace of mind; ›› approximately 35,000-sq.-ft. community centre, featuring a teaching

kitchen for culinary classes and a wine cellar for tasting events;›› concierge services;›› health and wellness, and home care services and facilities within the

development for delivering the highest level of full-service retirement living;›› more than 100 programs and services to be offered on site through

Harmony Village’s partnership with St. Paul’s Lamoureux Centre (SPLC), an award-winning agency that specializes in services to promote healthy aging.

Harmony Village is more than just a condo development – it is a vibrant and robust community that will bring together like-minded individuals to enjoy a mix of activities and services right at their fingertips.

Visit the Harmony Village Sheppard sales centre located at 3260 Sheppard Ave. E. or online at harmonyvillage.ca.

LOCATED ON SHEPPARD AVENUE, JUST WEST OF WARDEN AVENUE, HARMONY VILLAGE SHEPPARD IS SETTING THE NEW STANDARD IN AMENITIES AND SERVICES.

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“Perfect for the Spring Wedding”

Wedding rings $1100 to $2700 by Christian Hasler & Helen Kim-Hasler Bowtie with wood button $68 by Erik Fürer

Greeting cards $5 each by Malika Pannek & Tomas Urbina

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MAKE YOUR MOVE

Moving your worldly possessions involves a lot of organization, and if

there’s one thing professional movers understand, it’s to expect the unexpected. In fact, that’s a major reason why many people choose to hand over the task of moving to companies that do this every day. Some do-it-yourself moves go well; others end up unnecessarily stressful because those completing the work don’t anticipate potential glitches. Checklists are great, but every

single move is different – and nothing beats experience for transferring household and other goods quickly, safely and efficiently.

For example, if you move in the winter and it’s a snowy, slushy day, how do you protect the floors from water/salt damage at both ends? What about getting large items around hard-to-manoeuvre corners without marking walls? What if someone gets hurt? Do you know how to pack delicate items such as lamp shades and glassware to eliminate shifting and potential breakage during a long haul? What if the truck breaks down or gets into an accident halfway to your new home?

Professional movers have resources to draw upon to anticipate and handle any number of unexpected happenings. Training is a great preventative measure – when you shop for a mover, find out if and how the drivers and moving people are trained. Ask whether they have a “Plan B” in case of vehicle problems, and what you can do to be as prepared as possible when the packing/moving begins.

As tempting as a DIY move may be, think through the consequences. Are you prepared to deal with the possibility of friends or family members not showing up on moving day due to illness or hurting themselves trying to move heavy items? Do you have a back-up plan for extra items in case you misjudge the size of moving vehicle you need? What about plants? Hazardous liquids?

Of course, there are specialty items that require an unusual level of care – pianos, pool tables, grandfather clocks, artwork, antiques and the like. The money you think you’ll save by not hiring a professional mover may end up being spent on repairs if these large and valuable pieces are not handled correctly. Worse yet, irreplaceable items may be lost forever.

And have you thought through unpacking at the other end? On your first night there, you will need bedding, toiletries, towels and some kitchen items. Do you have a plan that includes being able to find those things easily and quickly?

All of these considerations and more are covered in the training that Two Men and a Truck franchisees take part in at what we call Stick Men University in honour of the company logo. Among the many things they learn is how to manoeuvre, wrap, pack and load items from big-screen televisions to china cabinets filled with breakables.

If you do decide to move yourself, on the Two Men and a Truck website we provide moving tips, a moving checklist and even special things to consider for extremely large items. Give some thought to what might happen along the way and make contingency plans. And be realistic – hiring a professional mover can offer tremendous peace of mind and is money well spent.

// BY CHUCK RESNICK

Chuck Resnick is vice-president of marketing and operations, Two Men and a

Truck Canada. twomenandatruck.ca

How to prepare for the UNEXPECTED

WHEN MOVING

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HOMEBUYERS’ HELP

BUYING A NEWLY BUILT HOME FROM A BUILDER is different than purchasing a resale home. Your attention should be placed not only on the home itself, but also on the reputation of the builder.

All builders in Ontario must be registered with Tarion Warranty Corp. and all new homes in Ontario come with a warranty that lasts seven years from the date of the first possession. That warranty is guaranteed by Tarion. The warranty ensures homeowners receive homes that are constructed in a workmanlike manner, free from defects and constructed in accordance with the Ontario Building Code. There are many reputable builders in Ontario that will freely offer this information to any potential purchaser. A buyer should be suspicious of a builder who does not want to discuss the mandatory new home warranty.

The first step in your research should be to find out whether your builder is registered. This can be done by visiting tarion.com and clicking on “Ontario Builder Directory.” Every registered builder in Ontario is listed in this database. It shows a 10-year history that includes chargeable conciliations and the number and amounts of certain claims paid by Tarion.

A chargeable conciliation occurs if a builder and a homeowner disagree about whether an item is covered under the Ontario new home warranty program and, after an inspection by Tarion, the item is found to have been covered under the warranty. Claims refer to situations where the builder did not resolve a homeowner claim and Tarion stepped in to work directly with the homeowner, either by making repairs or providing a cash settlement.  You may want to consider these numbers in comparison to the number of homes the builder has built over the years. This number is listed in the database as “number of possessions.”

HOW TO RESEARCH your new home purchase

The directory also shows: if a builder has been a Tarion Award of Excellence finalist or winner in the past three years; a breakdown of the types of homes built over a 10-year span into freehold homes and condominium units; and lists the names of officers and directors for each company, providing links to companies that share the same officers and directors.

You will also find a list of builders who are no longer registered with Tarion. The directory will confirm whether a builder’s registration has expired or whether Tarion has revoked their registration or refused to renew it.

Once you’ve confirmed that your builder is registered and checked out their listing on the directly, the next step is to ask around. You may want to go to neighbourhoods where this builder has built homes and inquire about homeowners’ experiences. You can also ask for references. Speaking to other homeowners will give you a good indication of whether the builder stands behind his/her construction and is attentive to customers.

Finally, if you don’t find your builder listed in Tarion’s database, or if he or she gives you any reason not to offer the mandatory new home warranty, call Tarion at 1.877.9.TARION. NC

A buyer should be suspicious of a builder who does not want to discuss the mandatory new home warranty

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TWO FOR ONE

Two Bedrooms For the Price Of a One BedroomStart the year with “the value of the year”. Imagine spectacular 2 bedroom in-city living, for the price of a downtown 1 bedroom unit. Features include laminate flooring, granite countertops, ceramic backsplash, brand name stainless steel kitchen appliances, stacked washer /dryer plus a private balcony.

Fuse living includes: Gym and Yoga Studio, Multi purpose room with Billiards, Private Theatre and much more. With Metro grocers, Shoppers Drug Mart and the TTC at your doorstep, your affordable opportunity to live in the city’s hottest new neighbourhood is here. Act now and enjoy 2 bedroom living at a ridiculously low price!

Sales Centre Address: 1401 Dupont Street (Access off Lansdowne)

Sales Centre Hours:Monday - Thursday: 12:00 PM - 6:00 PMSaturday + Sunday: 12:00 PM - 5:00 PMFriday: Closed

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AROUND THE HOUSE // BY DANUSIA STEELE

Feng shui (or “wind and water”) is an ancient Chinese art and science developed

over 4,000 years ago. Simply put, it is the practice of arranging your environment so that energy flows gently and smoothly through your home.

Initially, people wanted to come up with principles that ensured their homes (and more importantly, their tombs!) were placed in a location that offered shelter from winter storms, floods and blazing heat. The practice is based on the concept that everything in your environment has a life force or energy, called “chi.”

By balancing your chi, your space just feels good, and supports what you want out of life, whether it’s a better career, better personal relationships or new romance, improved health, more income, fame and reputation, desire for more travel, or to increase your knowledge and education.

Just as chi flows through your body, it also flows through your living environment. When the energy flow is slow, moves too quickly, or is obstructed and unbalanced, it is believed that chi may lead to ill health, domestic strife or financial woes.

Grand Master Lin Yun introduced a Western form of feng shui to the United States in the 1970s. These days, most Westerners have at least heard of feng shui, and many are using the practice to arrange their homes for good luck and prosperity. Businesses, from Citicorp and TD Bank to Donald Trump’s companies, are integrating feng shui principles into their practices. Oprah Winfrey also practices feng shui in her homes and offices. Even the British Royal family is rumored to apply feng shui principles.

FENG SHUI AND YOUR NEW CONDO

For followers of feng shui, some key principles will determine which suite and building design they choose to call “home.” But where there is a problem, there’s also a solution – and a lot of it has to do with bringing balance through nature:

›› If your condo suite is positioned at the end of a long corridor, this causes a lot of energy to rush at your front door – a feng shui no-no. To slow it down, hang a small mirror on your door facing the outside of the unit. (First, check your condo’s bylaws to make sure this is allowed!) On the other side of the door facing into the unit, hang a picture of flowers or forest – something that depicts nature.

›› If your condo suite is located next to an elevator, stairway or fire escape (another source of serious energy!), place a plant inside the front door to counteract that flow.

›› If your condo suite has a lot of sharp angles and corners, place a plant at the offending corner. Another solution is to hang a round crystal from the ceiling, which can also disperse the sharp energy. Round tables can also stop fast-moving energy, directing the energy to flow around the table to slow it down.

Danusia Steele is a licensed real estate agent who has been selling and marketing new homes and condos for 33 years, and a

sales representative with Condo Store Canada. Real estate introduced her to Feng Shui many years ago and in pursuit of that

interest, she has taken many courses and is a feng shui practitioner. Email her at

[email protected]

If your condo suite is located next to an elevator, stairway or fire escape (a source of serious energy!), place a plant inside the front door to counteract that flow

FENG SHUI in your life, and condo

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FINANCES

H&R BLOCK CANADA ANSWERED more than 3,000 tax questions online in 2013. Here are the most popular questions from the past year:

1 HOW MUCH CAN I EARN BEFORE I START PAYING TAX?

In 2013, you can earn at least $11,038 federally before you begin paying income tax.

2 I AM A HOMEOWNER. WHAT CAN I CLAIM ON MY TAXES?

Unlike the U.S., the tax benefit from owning your own home comes when you sell. Every Canadian is allowed a capital gains exemption on their principal residence. But if you bought your first home in 2013, you can claim the $5,000 Home Buyers’ Amount that brings about $750 in tax savings.

TAX TIPS: Canada’s top 10 tax questions answered

3 I STARTED UNIVERSITY IN THE FALL. HOW MUCH

WILL MY REFUND BE? In order to receive a tax refund, you have to have paid income tax during the year. If you didn’t work during the year, your tuition credits cannot create a refund on their own. However, you can carry the credits forward to use in future years when you are earning more income.

4 WHEN CAN I FILE MY 2013 RETURN?

The Canada Revenue Agency begins accepting returns electronically starting Feb. 10, 2014 when the Netfile system opens. We always recommend that you wait until all your slips and receipts arrive before you file your return.

If you bought your first home in 2013, you can claim the $5,000 Home Buyers’ Amount that brings about $750 in tax savings

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5 MY FATHER GAVE ME $6,000 TO HELP WITH BILLS. DO I NEED TO REPORT IT

ON MY TAX RETURN? Gifts are not taxable and do not need to be reported on your tax return. However, if you deposit the gift into a savings account or investment, the income earned by the money would be reported on your tax return.

6 IF I MOVED FROM B.C. TO SASKATCHEWAN IN DECEMBER,

CAN I STILL FILE A B.C. RETURN? Your province of residence is determined on December 31 of the tax year. So if you are living in Saskatchewan at the end of the year, you need to file a SK return.

7 I WORKED ON CONTRACT THIS SUMMER. HOW DO I REPORT THE INCOME?

You are considered self-employed for tax purposes so you will need to complete a T2125 Form as part of your personal tax return. You will be able to report your business income as well as reasonable expenses you incurred to earn your income. Remember, you have to pay both the employer and employee portions of the Canada Pension Plan (CPP). However, you can claim a non-refundable tax credit for the employee portion and a deduction for the employer portion.

8 DO I HAVE TO CLAIM COMMON-LAW IF WE KEEP OUR FINANCES SEPARATE?

Once you live together for 12 continuous months, you are considered common-law for tax purposes and you need to report it correctly on your tax return. It does not matter how you structure your finances.

9 HOW DO I CLAIM STOCK THAT HAS LOST ITS VALUE?

Unless you have sold the stock and realized the loss or the stock is no longer listed, you cannot claim a stock value drop. If you have sold your stock, you need to

report your capital loss on a Schedule 3. Capital losses can only be used to reduce capital gains.

10 I WAS BORN IN THE U.S. BUT I BECAME

A CANADIAN CITIZEN 20 YEARS AGO. DO I NEED TO FILE A U.S. TAX RETURN? Unless you went to a U.S. embassy and officially renounced your citizenship, you are considered a dual citizen no matter how long you have lived outside of the U.S. If you are a U.S. citizen, the IRS expects you to file a Form 1040 and FBAR every year if you meet the requirements.

Gifts are not taxable and do not need to be reported on your tax return. However, if you deposit the gift into a savings account or investment, the income earned by the money would be reported on your tax return.

If you are a U.S. citizen, the IRS expects you to file a Form 1040 and FBAR every year if you meet the requirements

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CONDO HUNTER’S CHECKLIST When shopping for your dream condo, carry this list with you and take notes to help you remember what you saw, and where!

CONDO #1 CONDO #2 CONDO #3 CONDO #4

Project & address:

Salesperson:

Phone:

Developer/builder:

Type:

2-storey detached highrise conversion bungalow townhome

SQ. Footage:

# of bedrooms:

# of bathrooms:

Interior appliances:

Options:

Parking facilities:

Special incentives:

Price:

Down payment:

Condo fees:

Financing available:

Other comments:

Project & address:

Salesperson:

Phone:

Developer/builder:

Type:

2-storey detached highrise conversion bungalow townhome

SQ. Footage:

# of bedrooms:

# of bathrooms:

Interior appliances:

Options:

Parking facilities:

Special incentives:

Price:

Down payment:

Condo fees:

Financing available:

Other comments:

Project & address:

Salesperson:

Phone:

Developer/builder:

Type:

2-storey detached highrise conversion bungalow townhome

SQ. Footage:

# of bedrooms:

# of bathrooms:

Interior appliances:

Options:

Parking facilities:

Special incentives:

Price:

Down payment:

Condo fees:

Financing available:

Other comments:

Project & address:

Salesperson:

Phone:

Developer/builder:

Type:

2-storey detached highrise conversion bungalow townhome

SQ. Footage:

# of bedrooms:

# of bathrooms:

Interior appliances:

Options:

Parking facilities:

Special incentives:

Price:

Down payment:

Condo fees:

Financing available:

Other comments:

HOMEBUYERS’ HELP

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DESIGNER ADVICE

WHEN THE SEASONS START TO CHANGE, you may find yourself craving a new look indoors as well. Rather than undertaking a complete overhaul, you can refresh your family room or living area the easy way: with a suite of sofa accessories. Whether you’re the type to pick one design style and stick to it or change your mind all the time, you can find a perfect pillow-and-throw combination for your personality from my guide here:

1. The Chameleon If you love to change your look every season, take the opportunity to warm up your home environment early with a cable knit blanket, and printed pillows that make you think of the outdoors without having to go outside. Also grab a storage ottoman, and you’ll have ample space to keep these items stashed in the sunnier months (and store your summer look until warm weather returns).GET THE LOOK Tallulah Throw in Grey, Weathered Wood Toss Cushion, Bird Forest Toss Cushion, Owl on Branch Toss Cushion, Prima Leather Ottoman in white (Urban Barn).

2. The Indecisive If you can’t settle on just one or two colours (even per season), you don’t have to. Choose items that feature blocks of multiple colours in coordinating tones, and they will still feel related even if you choose every hue in the rainbow. For example, choose all pastels, or all mid-tones. Make sure to still break up the scheme with some neutrals to avoid total overload. GET THE LOOK Steven Alan Abstract Crewel Pillow Covers, Hand-Loomed Silk Throw (West Elm).

Urban Barn

West Elm

LIGHTEN UP

// BY YANIC SIMARD

with perfect pillows & throws

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3. The Glamorous Creating a look that says luxe is all about texture – adding a rich feel to the touch will add a rich look the eye. Try layering a sheepskin like a throw on a corner of the sofa, and contrast it with sequined pillows, mixing rugged and delicate fabrics with some sparkle for a Hollywood glam appeal.GET THE LOOK Rens Sheepskin (IKEA), Luxe Sequin Pillow (Indigo).

Indigo

4. The Classic The high contrast look of black and white is a striking classic. To keep it sophisticated, mix different patterns featuring both tones to soften the scheme (such as stripes, chevrons, and other geometrics), and have some favourite photos printed in grayscale and hung in simple frames for timeless elegance.GET THE LOOK Lappljung Ruta Cushion Cover, Stockholm Cushion Cover in Black/White, Eivor Throw (IKEA).

IKEA

5. The Natural If you love nature but are scared away by the term “animal prints,” skip the cheetah spots and look to richly coloured butterflies, bugs, and peacock feathers for your inspiration. Magnified prints will read as a more subtle nod to the environment while adding jewel toned decadence. Use a faux fur throw as a neutral backdrop with depth that you can really sink your claws into!GET THE LOOK Peacock Silk Pillow Cover, Butterfly Dream Silk Pillow Cover, Shadow Butterfly Silk Pillow Cover (West Elm), Llama Faux Fur Throw (Urban Barn).

Urban Barn

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6. The Bold The primary-colour stripes of an iconic Hudson’s Bay blanket feel classic yet modern, and utterly sophisticated; spread it out unfolded for maximum effect (over the full seat or even the entire sofa) and add an equally legendary Union Jack pillow for unapologetic personality.GET THE LOOK Multi-stripe Point Blanket and Union Jack Pillow (Hudson’s Bay Company).

7. The Demure For a subdued appeal, combine a throw in soft pink tones (IKEA) and textural faux shearing pillows (Urban Barn) for a look that reads as sweet without overloading your taste buds. The taupe shade of this shearing especially makes a perfect counterpoint for the pink, creating a more demure pairing than a stark white.GET THE LOOK: Hermine Blanket (IKEA), Mongolian Toss Cushion in Beige (Urban Barn).

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

Hudson’s B

ay Com

pany

8. The Meditator Reduce your stress by choosing one soothing colour to stick with, like a pastel aqua shade, and mix different textures and subtle patterns for a feeling of restfulness. Choosing multiple pillows in the same size and shape also makes for easy mixing and matching – 18- to 20-in. squares are fairly common and can be combined over time from different stores.GET THE LOOK Chevron Crewel Pillow Cover, Embroidered Starburst Pillow Cover, Favourite Throw in Sky, Jacquard Leaf Silk Pillow Cover.

West Elm

IKEA

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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 Toronto

GTA EditionMarch 1 - 15, 2014

Page 104: GTA New Condo Guide, Mar 1, 2014

new releases & grand openings

SQ at Alexandra Park by Tridel Now open: a dramatic new condo in this master-planned community at Spadina and Queen. Web: Tridel.com

The Britt Condos by Lanterra New release of The Upper Suites. See The Britt from a different point of view! Web: TheBrittCondos.com

Chaz.Yorkville by 45 Charles Ltd. & Edenshaw Homes New release of spectacular penthouses is coming soon to this premier Yorkville neighbourhood. Register now. Web: ChazYorkville.com

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

Dwell City Towns by Menkes New townhome community now open in Etobicoke. Visit the presentation centre. Web: Menkes.com

101 Erskine by Tridel The grand opening is now on! An urban oasis at Yonge and Eglinton. Web: Tridel.com/101erskine

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

Water Tower by Empire Communities Now open, a new urban waterscape offering inspired condo living in the award-winning Eau Du Soleil community. Web: EmpireWaterTower.com

Love Condominiums by Gemterra Now open! Visit the new sales centre and designer-decorated model suite at Sheppard and Birchmount. Web: LoveCondominiums.com

88 Scott by Concert Real Estate Corp. The Award Series has arrived! Limited collection of one-bedroom, one-bedroom- plus-den and two-bedroom view homes. Web: 88Scott.com

CONDO WATCH

416Builders: If you would like to include your preview registration, new release or site opening in this feature, just email the details to [email protected]

87 Peter by Menkes Coming soon: great location, stylish design, superb amenities in the heart of the city. Register now. Web: Menkes.com

The Cumberland by Camrost Felcorp Register now for the latest on this signature Yorkville residence, coming soon. Web: TheCumberland.ca

1 Yorkville by Bazis/Plaza Coming soon to Toronto’s lap of luxury. Register online to stay informed. Web: 1Yorkville.ca

Casa III by Cresford A new fashion icon is rising in the heart of Yorkville. Lobby to be furnished with Hermés. Register now. Web: CasaCondominium.com

Riva del Lago by Monarch New condo set to make some waves on the waterfront. Register to stay informed. Web: LanterraDevelopments.com

Core Condos by CentreCourt Developments Coming soon in 2014 to the core of the city, near Church and Dundas. Register now. Web: CoreCondos.com

previews & registrations

Brownstones at Westown by Lindvest Discover tremendous value at Weston Road and Sheppard Avenue West. Visit online and register for community updates. Web: Lindvest.com

Smart House by Urban Capital/Malibu Intriguing, innovative, smart condos at Queen and University. Register for info. Web: SmartHouseToronto.com

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

HighPark Condominiums by The Daniels Corp. Condos now on sale, where modern urban meets Mother Nature. Register today. Web: DanielsHighPark.com

Ten93 by Pemberton Group An eclectic fusion of fashion, art, culture, creativity and style is coming soon to Queen West and Dovercourt. Register for information. Web: Ten93QueenWest.com

One Park Place, South Tower by The Daniels Corp. Now on sale, the “one” place to be in downtown east. Coming soon on Sumach south of Dundas. Register for information. Web: DanielsOneParkPlace.com

Palazzo at Treviso III by Lanterra Developments Coming this fall to Dufferin and Lawrence. Register now to stay informed. Web: TrevisoCondos.com

Minto Longbranch by MintoUrban Communities Inc. Urban towns coming soon to the Long Branch neighbourhood. Register today. Web: MintoLongbranch.com

The Nest by Rockport Landing soon in Hillcrest Village. Register today to stay informed. Web: TheNestCondos.com

Harmony Village by City Core Developments Live in perfect harmony with comfort, convenience and culture, at Sheppard and Warden. Register today. Web: HarmonyVillage.ca

Biyu at Emerald City by ELAD Canada Coming soon, new condominiums at Emerald City, at Sheppard and Don Mills. Register now to stay informed. Web: BiyuCondos.com

Westinghouse Lofts by Easton’s Group/Remington Coming soon to King and Blue Jays Way. Register to stay up to date. Web: KingBlueCondos.com

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IN THE NEWS

ME LIVING LAUNCHES GRAND OPENING

Scarborough celebrates Markham and Ellesmere’s exciting master-planned community

open greenspaces, all with a chic, contemporary vibe featuring the work of architects Turner Fleischer Architects and interior designers Tanner Hill & Associates. Residents will also enjoy a $1 million park that will include a splash pad for children.

The first building is ME Living Condominiums, and it is clear from the reactions of the guests at the presentation centre that everyone appreciates ME. The incredible value of these new residences is simply amazing. Super-easy access to the LRT and subway means the whole city of Toronto is within easy travel distance. U of T and Centennial College campuses are also close by.

Lifestyle-enhancing amenities include a billiard table-equipped sports lounge with bar and multiple plasma screens, Hollywood-style theatre, fitness centre complete with yoga studio, a spacious party room, guest suites, and a captivating oasis on the podium rooftop with an outdoor fireplace, comfortable seating areas perfect for lounging or tanning, and a sparkling swimming pool. An outdoor pond will turn into a skating area in cold, winter months.

The grand opening celebrations offered guests an exceptional purchasing opportunity: special pricing starting at just $149,990 for a one-bedroom suite with a great balcony, with carrying costs totalling less than $893 – it’s nearly impossible to even rent a studio apartment in Toronto for that! Ask about limited-time grand opening pricing offered on a variety of exceptional suites.

ME Living Condominiums by the Lash Group of Companies is at the forefront of a 21st-century renaissance, bringing new life to Toronto’s east end. To “meet” ME, visit the presentation centre at 1151 Markham Rd., open Monday to Thursday from noon to 6 p.m. or weekends from noon to 5 p.m. Visit online at meliving.ca, or call 416.430.0003. Two professionally decorated model suites are also on display.

EXCITED FUTURE RESIDENTS,

NEIGHBOURS and media joined the Lash Group team and Ward 38 Councillor Glenn De Baeremaeker recently for the Grand Opening of ME Living Condominiums (Markham & Ellesmere), a highly anticipated master-planned community to take shape in Scarborough.

The well-established location is incredibly convenient with highways 401 and DVP/404 close by. The Scarborough Town Centre with first-class shopping and transit is just down the street. Lucky residents will have all manner of facilities and services at their doorstep.

This meticulously designed new community encompasses condos, townhomes, shops and lots of wide-

PICTURED FROM LEFT

TO RIGHT: Howard Rudolph, COO of Lash Group of Companies; Ward 38 Councillor Glenn De Baeremaeker; Larry Blankenstein, president and Heather Hamilton, marketing manager, Lash Group of Companies

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Party loungeParty loungeBoutique condoBoutique condo

Revised Imagine_NewCondoGuide_feb/mar.14-02.12.14-ol.indd 1 2/12/2014 2:52 PM

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THE GUIDE TO BUYING AND MANAGING YOUR FIRST HOME416.626.4889

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098 NEW CONDO GUIDE MARCH 1 - 15, 2014

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MONEY MATTERS // BY GAIL VAZ-OXLADE

Gail Vaz-Oxlade is the host of Til Debt Do Us Part and author of Debt Free Forever,

and she blogs daily at gailvazoxlade.com.Follow Gail on Twitter at

Twitter.com/GailVazOxlade

HOW TO GET OUT OF DEBT

There are a lot of people walking around with the debt monkey on their backs. A lot of people.

And some of them can’t understand how they got roped into carrying the little beastie around with them. All of them wish they could shake the bugger off. So, why don’t they?

Answer seems easy enough, doesn’t it? Just pay off the debt.

But wait. To do that, one would have to admit to having debt and there are people who haven’t yet ‘fessed up to how much they owe. Some even pull out the wide eyes and Betty-Boop lips as they announce, “I don’t know how much I owe.”

Really? You don’t know how much you owe? You’re just lucky that you’re not in the room with me, ‘cos I’d give you a good smack!

I assume, because you’re reading this, you’re interested in getting the monkey off your back. To do that, you have to do exactly as I say…

1 START BY GATHERING every last statement you have for your debt. You’ll need your most recent statements to get a clear picture of what’s going on. If you’ve dumped them all, just wait ‘til your next statements arrive and collect them all in one place.

2 LIST ALL the debt you have including: » credit cards » lines of credit » loans (for your wedding, furniture,

whatever)» auto financing » student loans » buy-now-pay-later loans (even if

they haven’t come due yet)» outstanding bills (utilities, phone

bills, cell phone,)» the tax man » spousal / child support in arrears » family loans » loans from friends » pay advance loans (from stores)

» pay advances from your employer

3 IDENTIFY WHAT you used the money for since you want to be able to remember what you’re paying all that interest on. Hmmm, all those restaurant meals don’t look like such a good investment now, do they?

4 NOTE your current balance from your last statement.

5 NOTE the interest rate charged.

6 THE WORKSHEET available on my website will calculate approximately what your payment will be if you decide to pay off your debt over one, two or three years and give you a monthly total.

7 DO NOT PLAN to take longer than three years to pay off your debt. There’s a phenomenon called “debt fatigue” that sets in if you live with your debt for too long. Thirty-six months should be your maximum repayment time frame.

I assume, because you’re reading this, you’re interested in getting the monkey off your back. To do that, you have to do exactly as I say…

CONTINUED ON PAGE 102…

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queenscorp.com | 416.354.2221

3609 Lake Shore Blvd. W., Suite 104, Toronto, ONMonday to Thursday 1:00pm to 7:00pmSaturday, Sunday and Holidays 12:00pm to 5:00pm

PRESENTAT ION CENTRE

Designed to be a hallmark building featuring timeless elements of traditional architecture combined with modern sensibilities of design and function, this exclusive community will be located just steps from Lake Ontario’s waterfront in the vibrant community of Long Branch. With easy access to public transit and several major highways, Watermark promises to be the perfect place to call home.

1 Bedroom • 1 Bedroom + Den • 2 Bedroom • 2 Bedroom + Den – from 649 sq.ft. to 1,225 sq.ft.

$306,900START ING FROM

MOVE IN SPRING 2014

THE MOST OUTSTANDINGMID-RISE BUILDING IN 2012

Ontario Home Builders’ Association Award Winner

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

UP TO $5,000 CASH BACK • FREE PARKING AND LOCKER STORAGE5% DEPOSIT • GRANITE COUNTERTOPS + LAMINATE FLOORING

L IMITED T IME ONLY

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8. IF RE-PAYMENT looks impossible, here are some steps to take:a. Get your interest rate down. With $5,000 on a credit card charging 25 per cent, it will cost you $521 a month to repay in one year. Get your interest down to 12 per cent using a consolidation loan and you’ll pay only $467 a month on that balance. Transfer your balance to your personal line of credit and pay just 6.5 per cent and it’ll only cost you $444 a month to pay off that $5,000 in one year. Better yet, transfer your balance to a credit card with an introductory interest rate of just 2.5 per cent and it’ll cost you $427 a month. There, you just saved $100 a month.b. Find a way to trim your budget so you can put more money towards your debt repayment. Use Gail’s Interactive Budget Worksheet to create a budget that will let you increase your debt repayment amount. Com’on now, you can trim another 10 per cent. You can do it! I know you can.c. Make more money. Yes, you may have to find a second job until you’ve made a dent in your debt. It’ll be worth it to get the monkey off your back, I promise.

9 THIS IS THE HARDEST PART: Tell someone what your plan is. Better still tell two, five, 11 people. If you go public, the pressure will be on to stick with the plan.

Find a way to trim your budget so you can put more money towards your debt repayment. Use Gail’s Interactive Budget Worksheet to create a budget that will let you increase your debt repayment amount.

10 FOR REINFORCEMENT, find (or borrow, but don’t buy!) a backpack and fill it with the stuff you have charged but have not yet paid for: CDs, books, those snappy shoes, that new cell phone. The idea is to make the backpack heavy. For the first week, and every time you’re feeling weak and want to go shopping, hoist that sucker onto your back and take it with you. Sound hokey? Carry that monkey around for a few weeks and you’ll see how motivated you are to get that debt off your back.

Congratulations! You’re making progress. I’m proud of you. Stick with it and before you know it, you’ll be debt free and light of step.

MONEY MATTERS CONTINUED…

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FROMLOW

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the spirit of livingFR A MBUILDING GROUP

mysoulcondos.caREGISTER NOW

FAIRVIEW MALL DRIVE

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FAIRVIEW MALL DR

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Prices, sizes and specifications are subject to change without notice. Map not to scale. Illustrations are artist’s concept. E.&O.E.

Close to everything. Far from ordinary.

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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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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.

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3 PINNACLE INTERNATIONAL The Marquee Townhomes on thePark pinnacleuptown.com • from $720,000 61 20K6 CRESFORD DEVELOPMENT CORP. Merton Yonge Condominiums 416-484-1900 • from $350,000 128 & IBC 14E7 THE DANIELS CORPORATION The Parkside Collection 416-351-1844 • from $700,000 15 8L8 CRESFORD DEVELOPMENT CORP. NXT 416-977-5300 • • from $350,000 IBC 8N10 EMPIRE COMMUNITIES The HUB 416-784-3482 • from $250,000 6 9F15 TRIDEL CORPORATION 101 Erskine 416-480-0700 • from $286,000 IFC 14D17 ROCKPORT GROUP The Nest 416-223-0003 • from $250,000 67 11H18 URBAN CAPITAL RC 3 416-862-0505 • • from $250,000 55 18L23 TRIBUTE COMMUNITIES The College 416-363-4800 • from $320,000 47 M1425 TRIDEL CORPORATION Spadina Queen 416-661-1949 • from $350,000 IFC 15D26 BAZIS INC. One Yorkville 1yorkville.ca • 5 15I28 EMPIRE COMMUNITIES Water Tower at Eau Du Soleil 416-503-3328 • from $320,000 7 25B29 PINNACLE INTERNATIONAL 33 Bay Residences at Pinnacle Centre 416-925-3325 • from $375,000 60 17M31 WORSLEY URBAN PARTNERS Totem Condominium 416-792-1877 • from $250,000 59 15H35 MENKES DEVELOPMENTS INC. 87 Peter menkes.com • Insert 15M 36 NEUDORFER CORPORATION Fuse Condos 416-534-4444 from $220,000 83 9K37 CRESFORD DEVELOPMENT CORP. Lofts 399 416-867-3999 • from $590,000 IBC 14L38 EASTON’S GROUP Dundas Square Gardens 416-645-8575 • from $200,000 73 17K52 CRESFORD DEVELOPMENT CORP. CASA 2 416-977-1100 • from $290,000 IBC 15L52 CRESFORD DEVELOPMENT CORP. CASA III 416-486-2272 • from $250,000 IBC 15L59 LINDVEST B Streets 416-532-6636 from $369,000 101 13J120 THE DANIELS CORPORATION One Park Place Condominiums 416-955-0559 • from $200,000 29 18J124 PINNACLE INTERNATIONAL The Pinnacle on Adelaide 416-596-1600 • from $350,000 61 15M140 EDEN SHAW Chaz Yorkville Condos 416-922-0045 • from $320,000 31 16J140 45 CHARLES LTD. Chaz Yorkville Condos 416-922-0045 • from $320,000 31 16J149 CAMROST - FELCORP Imperial Plaza 416-925-2501 • from $986,000 3 15I150 ASPEN RIDGE HOMES Studio on Richmond 647-352-7736 • from $300,000 49 15M155 LIFETIME DEVELOPMENTS The Bond Condominiums 416-546-7525 • • 27 15G189 THE DANIELS CORPORATION Cinema Tower Condominiums 416-203-2020 • from $450,000 Insert 14M190 CRESFORD DEVELOPMENT CORP. 1000 Bay 416-485-3000 • from $390,000 IBC 15J192 MINTOURBAN COMMUNITIES INC. 30 Roe 416-915-3812 • from $350,000 81 14D199 FIELDGATE HOMES 90 Niagara 90niagara.com from $350,000 53 14O202 BAZIS INC. E Condos 416-243-8688 • from $300,000 19 14E202 RIO CAN E Condos 416-243-8688 • from $300,000 19 14E202 METROPIA E Condos 416-243-8688 • from $300,000 19 14E215 DUNDEE KILMER DEVELOPMENTS Canary District Condominiums 416-603-7576 • from $250,000 45 18L218 MALIBU INVESTMENTS INC. Smart House 416-292-0219 • from $230,000 51 15L218 URBAN CAPITAL Smart House 416-292-0219 • from $230,000 51 15L222 LAMB DEVELOPMENT CORP. The Harlowe 416-363-1771 • from $260,000 79 15M1 GOLDMAN GROUP & LASH DEV. CORP. 530 St. Clair Ave. West 416-868-0500 • from $344,000 12H1 GOLDMAN GROUP & LASH DEV. CORP. the rushton rushtonliving.com • from $344,000 12H2 GREAT GULF HOMES Yonge+Richmond 416-499-8883 • from $278,000 16K3 CONCORD ADEX Grand Parade 2 at Concord CityPlace 416-813-2999 • 15M3 CONCORD ADEX ParadeTWO Park Collection at Concord CityPlace 416-813-2999 • from $308,000 15M3 CONCORD ADEX Quartz 416-813-2999 • • 15M3 CONCORD ADEX Spectra 2 416-813-2999 • • 15N3 CONCORD ADEX Grand Parade 2 at Concord CityPlace 416-813-2999 • 15M4 GAIRLOCH INVESTMENTS 383 Sorauren 383sorauren.com 9L4 TRIDEL CORPORATION Aqualina at Bayside 416-514-2710 • from $350,000 16E5 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 14N7 THE DANIELS CORPORATION High Park Condominiums 416-351-1844 • from $300,000 8L8 CRESFORD DEVELOPMENT CORP. NXT 2 416-977-5300 • • from $300,000 8N8 CRESFORD DEVELOPMENT CORP. NXT2/Phase Two 416-977-5300 • • from $210,000 8N9 ASPEN RIDGE HOMES VU 416-970-9500 • • from $370,000 16L11 MENKES DEVELOPMENTS INC. Pears on the Avenue 416-323-0100 • from $382,000 14I11 MENKES DEVELOPMENTS INC. 365 Church 416-591-7700 • from $250,000 14I12 NORTH DRIVE INVESTMENT The High Park 416-670-3699 • from $300,000 8L13 STREETCAR DEVELOPMENT Trinity Lofts 416-690-2988 • from $330,000 19L14 CANALFA GROUP Liberty Place 416-537-0047 • • from $170,000 12N16 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 $250,000 18L

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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

Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information. 105

19 KINGSTONE ROAD DEVELOPMENT The Glen 416-694-3333 • from $255,000 23H20 MENKES DEVELOPMENTS INC. Fabrik 416-591-7700 • from $250,000 14M20 TOWER HILL DEVELOPMENT CORPORATION 2221 Yonge 647-350-2221 • from $200,000 14E21 EASTON’S GROUP King Blue Condominiums 416-599-1355 • from $200,000 12N21 REMINGTON GROUP King Blue Condominiums 416-599-1355 • from $200,000 12N21 EASTON’S GROUP Westinghouse Lofts 416-599-1355 • from $200,000 12N21 REMINGTON GROUP Westinghouse Lofts 416-599-1355 • from $200,000 12N22 MONARCH CORPORATION Picasso on Richmond 416-495-3549 • 14M22 TRIDEL CORPORATION Ten York 416-596-9888 • from $1020,000 12F24 GREENPARK HOMES Axiom Condominiums 647-352-4077 • from $225,000 17L26 BAZIS INC. No1 Yorkville 1yorkville.ca • 15I27 THE DANIELS CORPORATION One Park Place South Tower 416-955-0559 • from $200,000 18K29 PINNACLE INTERNATIONAL Success Tower at Pinnacle Centre 416-360-0673 • from $750,000 17M30 TOWER HILL DEVELOPMENT CORPORATION Churchill Park Condominiums 416-966-9080 • from $900,000 13H32 MADISON HOMES The Madison 416-482-8090 • from $420,000 14E33 LAMB DEVELOPMENT CORP. Riverside Towns 416-368-5262 • from $460,000 19L34 CENTRE COURT DEVELOPMENT Core Condos 416-598-2673 • from $220,000 16L41 CONCORD ADEX Infinity The Final Phase 416-214-1988 • from $300,000 16M46 CONSERVATORY GROUP Milan 416-928-7409 • from $520,000 15I54 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 14M57 LANTERRA DEVELOPMENTS 3018 Yonge In Lawrence Park 416-787-8882 • from $390,000 14B58 GREAT GULF HOMES Monde 416-466-8885 • from $340,000 17M60 CANALFA GROUP Liberty Central by the Lake 416-537-0047 • • 12N62 PEMBERTON GROUP The Uptown Residences 416-987-3500 • from $950,000 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 9I70 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 14G78 EMPIRE COMMUNITIES Schoolhouse 416-979-1333 • from $595,000 13I81 LAMB DEVELOPMENT CORP. Flatiron Lofts 416-368-5262 from $243,000 20J83 TRIDEL CORPORATION 300 Front Street West 416-217-0300 • from $324,000 15M85 HARHAY DEVELOPMENTS One Eleven Condominiums & Lofts 647-347-4111 • from $250,000 13M85 CARTTERA One Eleven Condominiums & Lofts 647-347-4111 • from $250,000 13M88 FERNBROOK HOMES/CITYZEN DEV. Pier 27 Waterlink 416-367-3456 • from $800,000 17N94 DHD DEVELOPMENTS Condos at The Distillery 416-361-1322 • from $400,000 18L99 GREAT GULF HOMES One Bloor Residences 416-922-0081 • from $550,000 15I101 LAMB DEVELOPMENT CORP. The King East 416-368-5262 • from $435,000 18L101 HARHAY DEVELOPMENTS East Condos & Lofts 416-368-5262 • from $310,000 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 HOMES Charlie 416-927-9772 • from $251,000 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 $2500,000 15K120 THE DANIELS CORPORATION One Park West 416-955-0559 • from $406,000 18J122 THE DANIELS CORPORATION Festival Tower 416-203-2020 • from $350,000 M14126 GREAT GULF HOMES X2 416-927-0080 • from $303,000 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 $520,000 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 16J136 CANDEREL/STONERIDGE DNA 3 416-929-1030 • from $220,000 12N137 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 14D148 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 $280,000 4H165 SORBARA GROUP thirtytwo Camden 416-860-0060 • from $240,000 14L170 STREETCAR DEVELOPMENT 8 Gladstone 416-690-9009 • from $335,000 M12171 CAMROST - FELCORP Yorkville Plaza 416-966-3003 • • from $350,000 14H173 MIZRAHI | KHALILI DEVELOPMENTS 133 Hazelton Residence 416-926-9900 • 14I175 SORBARA GROUP 210 Simcoe 416-217-0210 • from $200,000 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 14F191 TRI-WIN DEVELOPMENTS INC FAD Condos 416-815-1818 • from $250,000 14M193 BURNAC CORPORATION South Hill on Madison southhillonmadison.com • from $200,000 13I195 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 15M200 FREED SIXTY Colborne 416-601-0060 • from $300,000 16L200 CARTTERA SIXTY Colborne 416-598-7775 • from $300,000 16L201 SOLOTEX Upper Beach Townes • 24G206 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 9L217 TORBEL GROUP Wallace Walk 416-531-1818 • from $210,000 9L217 PEMBERTON GROUP TEN93 Queen West 905-326-4100 • from $280,000 12F217 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 16MFREED Thompson Residences 416-360-0600 • from $280,000 MANSOURI LIVING The Perry 416-926-7555 • from $390,000 MENKES DEVELOPMENTS INC. Harbour Plaza menkes.com •

Page 116: GTA New Condo Guide, Mar 1, 2014

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North York

# 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.

106

1 CONCORD ADEX Opus 416-813-2999 • • 40-41 22C

5 LINDVEST Grand Cornell Brownstones in Markham lindvest.com from $350,000 99 4C

7 FARM BUILDING GROUP Soul mysoulcondos.ca 103 25C

96 ELAD CANADA Emerald City Condominiums 416-492-0001 • from $256,000 85 24C

121 LIBERTY DEVELOPMENT CORP. World on Yonge 905-771-7010 • from $284,000 35 A18

123 BRANDY LANE HOMES The Station 416-398-9777 • from $420,000 71 12D

124 TRIDEL CORPORATION Trio at Atria 416-645-8866 from $255,000 IFC 24C

128 THE DANIELS CORPORATION NY2 416-221-3939 from $250,000 39 19C

2 TORBEL GROUP The Avanti Condominiums 416-636-0400 from $390,000 17C

3 YYZED PROJECT MANAGEMENT VISTO vistocondos.ca from $220,000 8E

4 TRIDEL CORPORATION Hullmark Centre 416-733-2883 • from $524,000 18D

4 TRIDEL CORPORATION Aristo at Avonshire 416-730-0300 • from $383,000 18D

LINDVEST The Brownstones at Westown lindvest.com from $330,000 4C

6 CONCORD ADEX Tango at Concord Park Place 416-813-2999 • • from $236,000 22C

6 CONCORD ADEX Discovery at Concord Park Place 416-813-2999 • 22C

6 CONCORD ADEX Discovery II at Concord Park Place 416-813-2999 • • from $210,000 22C

6 CONCORD ADEX Tango2 at Concord Park Place 416-813-2999 • from $265,000 22C

8 CONSERVATORY GROUP Pearl 2 Condominiums 416-512-1818 • 17C

14 TORBEL GROUP Diva DivaCondo.com from $250,000 11C

15 EMERY CONDOMINIUMS The Essential 905-887-4888 • from $250,000 20E

21 TRIDEL CORPORATION Argento 416-663-1818 • from $562,000 22E

28 TRIDEL CORPORATION Alto at Atria 416-645-8866 • from $288,000 25D

33 CASTLE ROYALE DEVELOPMENT The Palm Condominium Residences 416-306-1000 • from $400,000 17B

37 NORSTAR GROUP OF COMPANIES Portrait Condominiums 416-282-9600 • from $300,000 13C

40 MENKES DEVELOPMENTS INC. Gibson Square 416-730-9722 • from $385,000 17C

50 MINTOURBAN COMMUNITIES INC. 88 416-915-3805 • from $325,000 18C

50 DEVRON DEVELOPMENTS Flo Condominiums 647-799-0356 • from $250,000 18C

86 CANDEREL/STONERIDGE Aura At College Park 416-962-8688 • from $995,000 16K

94 DHD DEVELOPMENTS Gooderham 416-361-1322 • from $410,000 18L

95 ASPEN RIDGE HOMES Scenic on Eglinton 416-805-1781 • 23G

96 ELAD CANADA Dreamtower At Emerald City 416-492-0001 • from $248,000 24C

96 ELAD CANADA Biyu Emerald City biyucondos.com • from $250,000 24C

99 THE BROWN GROUP OF COMPANIES Willow Park at Bayview 416-221-6767 • from $400,000 21

101 KANTIUM DEVELOPMENT Posh Condominiums 905-771-0134 • from $544,000 16A

122 LANTERRA DEVELOPMENTS Treviso Condominiums 416-787-8882 • from $250,000 12F

122 LANTERRA DEVELOPMENTS Treviso II 416-787-8882 • from $250,000 12F

122 LANTERRA DEVELOPMENTS Treviso III 416-787-8882 • from $250,000 12F

125 FRAM BUILDING GROUP LIV Lofts 416-445-5638 • from $250,000 22F

128 THE DANIELS CORPORATION NY Place 416-221-3939 • from $250,000 19C

130 TRIBUTE COMMUNITIES Canterbury 647-352-2130 • • from $700,000 19F

132 FRAM BUILDING GROUP/CADILLAC FAIRVIEW Flaire Condos 416-445-8868 • from $320,000 22F

Page 117: GTA New Condo Guide, Mar 1, 2014

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Royal York Rd

Evans AveGardiner Expressw ay

Lakeshore Blvd W

Park Lawn

Mill Rd

Ranforth Dr

Dundas St W

Bloor St W

Rathburn Rd

Scarlett Rd

Martin G

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Albion Rd

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Finch Ave W

Rexdale BlvdKipling Ave

Islington Ave

Dixon Rd

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Eglinton Ave E

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Sewells R

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Passmore Ave

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Tapsco

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McLevin Ave

Finch Ave E

McNicoll Ave

Ellesmere Rd

Sheppard Ave E

Huntingwood Dr

401

Progress Ave

Victo

ria Park

1

1

60

1

72

31

61

29 712

55

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. 107

3 TIFFANY PARK HOMES Westhaven 416-792-6655 • from $633,000 89 23G5 MONARCH CORPORATION The Epicurean 416-495-3530 • from $250,000 17 23F18 MONARCH CORPORATION Riva del Lago 416-495-3544 • from $350,000 Insert 24C25 QUEENSCORP RESIDENCES Watermark 416-354-2221 • from $307,000 95 19D28 LIBERTY DEVELOPMENT CORP. Terrace on Danforth 416-987-7575 • from $235,000 35 2F38 CITY CORE Harmony Village Sheppard 416-493-0123 from $176,000 75 2C44 TRIDEL CORPORATION West Village 416-620-1887 • from $290,000 IFC & BC 21F1 ESQUIRE HOMES Three Seven Condos & Lofts esquirehomes.ca • from $210,000 11D1 WINDCATCHER DEVELOPMENT CORPORATION Atwater Condos 905-271-5038 • from $280,000 12B2 HENDERSON DEVELOPMENT LIMITED Centro 416-296-1898 • from $185,000 6D2 STANTON RENAISSANCE On The Go Mimico 647-692-8417 • from $250,000 23C2 STANTON RENAISSANCE On The Go 647-692-8417 • from $250,000 23C4 MONARCH CORPORATION Nautilus at Waterview 416-203-6636 • from $400,000 25H6 CONSERVATORY GROUP Altitude 416-321-1659 • from $230,000 25H7 GREAT GULF HOMES One Sherway Condominiums 416-695-3535 • 16G7 MENKES DEVELOPMENTS INC. One Sherway Condominiums 416-695-3535 • 16G8 PEMBERTON GROUP Palais at Port Royal Place 416-239-8200 • from $260,000 23F10 LASH GROUP OF COMPANIES Cloud 9 Condominiums 416-747-0199 • from $220,000 22B10 CARTTERA Cloud 9 Condominiums 416-800-0812 • from $240,000 22B11 CAMROST - FELCORP ilofts at Mystic Pointe 416-251-8888 • from $310,000 25G11 CAMROST - FELCORP California Condos 416-251-8888 • from $242,000 25G15 GRAYWOOD/BEAVERHALL DEVELOPMENT Ocean Club 416-255-4663 • from $250,000 24C18 MONARCH CORPORATION Lago 416-495-3544 • from $200,000 24C20 DAVIES SMITH Eleven Superior 416-259-8882 • from $220,000 23C29 MONARCH CORPORATION Encore 416-495-3544 • 5D33 EMPIRE COMMUNITIES Beyond The Sea Star Tower Condominiums 416-979-1333 • • from $400,000 24H34 AVERTON HOMES Evolution 416-747-9691 • from $250,000 22G35 TRIDEL CORPORATION Parc Nuvo at Essex 416-231-0999 • from $456,000 22G37 AMEXON DEVELOPMENT CORPORATION South Beach 416-252-3000 from $209,000 25H39 MONARCH CORPORATION Waterscapes 416-495-3544 • 26H42 TRIDEL CORPORATION Ventus at Metro Gate 416-293-5535 • from $314,000 4C45 EDILCAN DEVELOPMENT CORP. One Valhalla 416-233-5554 • from $239,000 21F46 REMINGTON GROUP Park Towers at IQ 416-253-5838 • from $220,000 22G50 PEMBERTON GROUP Vivid Condos 416-239-8200 • from $250,000 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 4C56 PHANTOM DEVELOPMENTS Jade Condominiums 416-762-8818 • from $293,000 24G60 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 $150,000 8D

Page 118: GTA New Condo Guide, Mar 1, 2014

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Dufferin

Spadina Rd

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Cosburn AveO'Conner Ave

Laird Dr Victoria ParkCoxw

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Rogers Rd

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Vaughan RdEglinton Ave W

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Weston Rd

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Landsdowne

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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.108

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

1 PEMBERTON GROUP Park Lake Residences 416-769-4343 • • from $250,000 3F

3 CONCORD ADEX Grand Parade 2 at Concord CityPlace 416-813-0999 • 15M

3 CONCORD ADEX Quartz 416-813-0999 • • 15M

3 CONCORD ADEX ParadeTWO Park Collection at Concord CityPlace 416-813-0999 • from $308,000 15M

4 MONARCH CORPORATION Nautilus at Waterview - 416-203-6636 • from $400,000 25H

4 TRIDEL CORPORATION Aqualina at Bayside Toronto 416-514-2710 • 16E

6 PLAZACORP/BERKLEY COMMUNITY West Harbour City westharbourcity.com • from $327,000 13E

7 LIFETIME HOMES Waterparkcity – Neptune 416-203-3700 • 13f

8 CONCORD ADEX ParadeTWO Tower Residences 416-813-0999 • from $287,000 14F

8 CONCORD ADEX Grand Parade at Concord CityPlace 416-813-0999 • from 293,000 14F

8 CONCORD ADEX Panorama at Concord CityPlace 416-813-0999 • from $389,000 14F

8 CONCORD ADEX Panorama Elite Suites at Concord CityPlace 416-813-0999 • from $1,135,000 14F

8 CONCORD ADEX Luna Vista at Concord CityPlace 416-813-0999 • from $2,213,000 14F

8 CONCORD ADEX Spectra 416-813-0999 • • 14F

8 CRESFORD DEVELOPMENT CORP. NXT at Windermere By The Lake 416-977-5300 • • from $300,000 11F

8 CRESFORD DEVELOPMENT CORP. NXT2/Phase Two 416-977-5300 • • from $210,000 4E

9 CONSERVATORY GROUP Infinity Condominiums 416-214-1988 • from $250,000 14F

11 CAMROST FELDCORP California Condominiums sunsetcondos.ca • from $242,000 25G

14 CANALFA GROUP Liberty on the Park Condominiums 416-537-0047 • from $363,000 10F

15 MALIBU INVESTMENTS INC. LTD 416-601-2223 • from $200,000 12F

18 FERNBROOK HOMES/CITYZEN DEV. Pier 27 Residences On The Lake 416-367-3456 • from $300,000 11F

18 URBAN CPITAL River City 2 416-862-0505 • from $250,000 18L

29 PINNACLE INTERNATIONAL 33 Bay Residence at Pinnacle Centre 416-925-3325 • • from $375,000 17M

58 GREAT GULF Monde 416-466-8885 • • from $304,000 insert 17M

60 CANALFA GROUP Liberty Central by the Lake 416-537-0047 • 12N

Page 119: GTA New Condo Guide, Mar 1, 2014

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Countryside Dr

Airport Rd

W inston Churchill Blvd

Wanless Drive/Conservation Dr

Em bleton Rd

Sandalwood Pkwy

Queen St W

Queen St W

M ain St N East Dr

Hwy 10

Steeles Ave W

Kennedy Rd S

M cM urchy Ave SHwy 7

Torbram Rd

Goreway Dr

Dixie Rd

Bram alea Rd

M cVean Dr

Clarkway Dr

Gore Rd

Bovaird Dr.

Countryside Dr

Airport Rd

W inston Churchill Blvd

Wanless Drive/Conservation Dr

Em bleton Rd

Sandalwood Pkwy

Queen St W

Queen St W

M ain St N East Dr

Hwy 10

Steeles Ave W

Kennedy Rd S

M cM urchy Ave SHwy 7

M orning Star Dr

Drew Rd Derry Rd E

Airport Rd

Courtney Park Dr

Britannia Rd E

Kennedy Rd Tom ken Rd

M atheson Blvd E

Eglinton Ave

Britannia Rd W

Hurontario St

M atheson

Blvd E

Cerem

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Central Pkwy E

Burnhamthorpe Rd W

Rathburn Rd E

Dundas St E

Fieldgate Dr

The Queensway

Dixie Rd

QEW

Speakman Dr

Sheridan Park Dr

Truscott Dr

Lakeshore Rd W

Royal Windsor DrQueen St W

Indian R

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Cawthra Rd

Queen St E

Ridgeway Dr

Colonial Dr

The Collegeway

Erindale Station Rd

M avis Rd

W olfedale RdW inston Churchill Blvd

Rathburn Rd W

Hurontario St10 Line Rd

Edenwood Dr

Derry Rd W M illcreek Dr

Erin M ills Pkwy

M ississauga Rd

Erin M ills Pkwy

Creditview Rd

4 Line Rd

Burnhamthorpe Rd W

Bronte Rd

6 Line Rd

Burnham thorpe Rd E

Dundas St W

Upper Middle Rd

Trem aine Rd

Nottinghill Gate

9 Line Rd

Lakeshore Rd E

4 Line Rd

Speers Rd

Lakeshore Rd W

Burloak Rd

M acDonald Rd

Kerr St

Trafalgar Rd

8 Line Rd Ford Dr

Devon Rd

Cornwall Rd

Bridge Rd

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1

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. 109

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

25 QUEENSCORP RESIDENCES Watermark 416-354-2221 • from $307,000 95 19D

28 EMPIRE COMMUNITIES Water Tower at Eau Du Soleil 416-503-3328 • from $320,000 7 25B

1 WINDCATCHER DEVELOPMENT CORP. Atwater Condos 905-271-5038 • from $280,000 12B

2 STANTON RENAISSANCE On The Go 647-692-8417 • from $250,000 23C

5 UNITED LANDS Stonebrook Condominiums 905-822-8858 • from $270,000 9E

8 CHESTNUT HILL DEVELOPMENT San Francisco By The Bay 905-831-3631 • • from $180,000 23J

10 PEMBERTON GROUP Bluwater Condominiums 416-987-8800 • from $350,000 5J

11 MONARCH CORP. Waterscapes 416-495-3544 • from $390,000 25C

13 GREEN HILL HOMES Princeton Manor 905-849-1818 • from $210,000 6G

14 PHANTOM DEVELOPMENTS Jade Waterfront Condos 416-251-0707 • from $250,000 24G

15 GRAYWOOD DEVELOPMENTS Ocean Club 416-255-4663 • from $250,000 24C

18 MONARCH CORP. Lago 416-495-3544 • 24C

20 DAVIES SMITH Eleven Superior 416-259-8882 • from $220,000 23C

401401

401

4 Sideline R

9 Concession

12 Sideline

8 Concession

6 Sideline

4 Sideline

Lake Ridge R

Brawley Rd

Myrtle Rd W

Cochrane

Columbus Rd

Ashburn Rd

Halls Rd N

Country Lane

7 Concession

4 Sideline R6 Concession

20 Sideline

16 Sideline

Central StBrock Rd

16 Sideline

Paddock Rd 7

Brock Rd

28 Sideline

30 Sideline

9 Concession

24 Sideline

North Rd

7 Conncession

32 Sideline

Whitevale Rd

32 Sideline

North Rd

5 Concession

16 Sideline

Brock Rd

Greenwood Rd

Church St N

Fifth Conces

Lakeridge Rd

Salem Rd

Audley Rd

Westney Rd N

Coronation R Country Lane

Salem Rd

Taunton Rd E

Rosebank Rd

Altona Rd

Whites Rd

4 Concession4 Concession

Altona Rd

3 Concession

Fairport Rd

Dixie Rd

Liverpool Rd

Major Oaks R

Valley Farm

Brock Rd

Rossland Rd

Riverside Dr Notion Rd

Brock Rd

Squires Beach Rd

Sandy BeachMontgomery F

Highview Rd

Appleview Rd

Stroud'sGlenanna Rd

Liverpool RdBayly

Granite CourtWhites Rd

Rougemount D

Lake Drivewa

HarwoodAve

W estney Rd S

FinleyAve

Delaney Dr

Magill Dr

Kingston Rd

Ravenscroft

Bayly St E

Townline Rd Dundas St E

Audley Rd

Ajax-WhitbyTaunton Rd W

McQuay Bv

Rossland Rd

Garden St

Baldwin St S

Thornton Rd

Thickson RdConlin Rd

Stevenson RdTaunton Rd W

Conlin Rd

Ritson Rd N

Townline Rd.Mary St N

Beatrice St

Central Park

Grandeview S

AdelaideAve

King St EHarmony Rd S

Grandeview S

W entworth St

Park Rd S

AdelaideAve

Bond St W

Centre St.

OliveAveBloor St.

Garrard Rd King St W

Rossland Rd

Kendalwood R

Gibb St

Manning Rd

Anderson StGarden St

Hopkins St

Phillip Murr

Stevenson Rd

Park Rd S

Bloor St

Simcoe St S

Wilson Rd S

Brock St S

W entworth St

Blair St

Thornton Rd

Henry StBrock St N

Blair StCedarbrook T

Baldwin St NDu

ffs Rd

12

Garrard Rd

Harmony Rd N

Wilson Rd N

Stevenson Rd

Garrard Rd Grandeview S

8 Concession

Rossland/Winchester R

Church St E

7

FinchAve

Gordon St

Shoal Point Rd

Pickering Beach Rd

Church St S

Spruce Hill

Kingst

on Rd

SheppardAve

Ritson Rd S

Dryden Bv

Simcoe St N

Cochrane St

8

City ofPickering

Town ofAjax

Town ofWhitby

Village ofBrooklin

Town ofOshawa

Page 120: GTA New Condo Guide, Mar 1, 2014

I BUILD CONFIDENCE.

“As a proud member of BILD, we network with peers and share a unified commitment to continuously raising industry standards, inspiring innovation and elevating the business of building. The association offers us resources that help us stay current on the broader issues affecting our industry. This unwavering support is what helps us continue to be a leader in the dynamic Toronto real estate market.”

Alan Vihant Senior Vice President for High Rise

Great Gulf Homes Builder / DeveloperMember Since 1975

I AM Get Involved: bildgta.ca

Page 121: GTA New Condo Guide, Mar 1, 2014

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 905 region

GTA EditionMarch 1 - 15, 2014

Page 122: GTA New Condo Guide, Mar 1, 2014

Grand Palace Condominiums by Guizzetti Corp. Luxury living at affordable prices is coming to Richmond Hill. Register now for Tower C. Web: GrandPalace.ca

SkyCity2 by Pemberton Group Phase 1 is under construction at Yonge and Hwy. 7. Register now for Phase 2. Web: SkyCityCondos.com

Legacy Park by Liberty Development Register now for the grand finale at Thornhill City Centre – iconic architecture, urban suite designs and fabulous park views. Web: LegacyParkCondos.com

Daniels Erin Mills by The Daniels Corp. New landmark community coming soon to Erin Mills and Eglinton. Register to stay informed. Web: DanielsErinMills.com

HOT Condominiums by Great Gulf Phase 3, final release, offering boutique- style living in Erin Mills. Register to stay up to date. Web: HotCondominiums.com

Centro Square by Liberty Development A master-planned community in the heart of Woodbridge, Phase 2 is now previewing. Web: CentroSquare.ca

The Clairington by Castleridge Homes Active adult living in a park-side condo in Brampton. Register now for insider access. Web: TheClairington.com

Park City Condominiums By Tobyn Park Homes Currently in pre-construction at Walkers Line and Upper Middle Road in Burlington. Register now. Web: ParkCityLiving.ca

Rain Condominiums by Empire Communities New suite release at Rain Condominiums in Oakville. Register now. Web: RainCondos.com

previews & registrations

new releases & grand openings

The Mark by Empire Communities Now open at Markham Road and Bur Oak. Remarkable residences. Remarkable Markham. Web: TheMarkCondos.ca

Fairground Lofts by Wycliffe Homes Model suite and showroom now open! Urban lofts are coming to Woodbridge Village. Web: FairgroundLofts.ca

Allegra by Nova Trimax New release of Terrace Loft Suites, steps from the Village of Woodbridge. Construction now underway on Phase 1. Web: AllegraCondos.com

Garden Court Condos by Monarch Over 90 per cent sold, in the heart of Cathedraltown, one of Markham’s most sought-after neighbourhoods. Web: MonarchGroup.net

905Builders: If you would like to include your preview registration, new release or site opening in this feature, just email the details to [email protected]

CONDO WATCH

112 NEW CONDO GUIDE MARCH 1 - 15, 2014

Page 123: GTA New Condo Guide, Mar 1, 2014

$295,000*STARTING FROM

Exclusive listing: Royal LePage —Your Community Realty Brokerage Broker Protected E&EO. Prices and Specifi cations are subject to change without notice. Illustration is artist concept.

Luxury LivingAT AFFORDABLE PRICES

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VISIT OUR PRESENTATION CENTRE9612 Yonge St., Richmond Hill

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MARCH 1 - 15, 2014 NEW CONDO GUIDE 113

Page 124: GTA New Condo Guide, Mar 1, 2014
Page 125: GTA New Condo Guide, Mar 1, 2014

162 ENTERPRISE BOULEVARD

Mon-Thurs: 12 noon - 6pmFri : Closed

Sat, Sun & Hol: 12 noon - 5pm

EXCLUSIVE LISTING BROKERAGE: BAKER REAL ESTATE INCORPORATED. BROKERS PROTECTED. PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. ILLUSTRATION IS ARTIST’S CONCEPT. E.&O.E. * SEE SALES REPRESENTATIVE FOR FULL DETAILS.

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MARK 32533 Condo Guide Ad FA.indd 1 2014-02-19 2:01 PM

115

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905

regio

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orth

A

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H

I

J

K

L

M

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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

ale on

Bolton

Hurontario St

25th Sideroad

Winston Churchill Blvd

1st Line W

Forks of the Credit Rd

Bram alea Rd

Walker Rd

4th Line

Heart Lake Rd

M cLaughlin Rd

Boston M

ills Rd

10th Sideroad

Old School Rd

Heritage Rd

M ississauga Rd

Creditview Rd

Chinguacousy Rd

Heart Lake Rd

50

20th Sideroad

Sixth Line

9th Line

10th Line

3rd Line2nd Line

5th Line4th Line

King St E

Airport Rd

Torbram Rd

Gorew ay Dr

Dixie Rd

Bram alea Rd

M cVean Dr

Clarkw ay Dr

Gore Rd

Bovaird Dr.

Countryside D

r

Airport Rd

Winston Churchill Blvd

Wanless Drive/Conservation Dr

Em bleton Rd

Sandalw

ood Pkw y

Q ueen St W

Queen St W

M ain St NEast Dr

Hw y 10

SteelesAve W

Kennedy Rd S

M cM urchyAve SHwy 7

Morning Star Dr

Drew Rd

Derry Rd E

Airport Rd

Courtney Park Dr

Britannia Rd E

Kennedy Rd Tom ken Rd

Matheson Blvd E

Eglinton A

ve

Britannia Rd W

Hurontario St

M athe

son Blv

d ECC

nial Dr

CC

niai

Ceremonial Dr

Central Pkw y EBurnham thorpe Rd W

Rathburn Rd E

Dundas St E

Fieldgate Dr

The Q

ueensway

Dixie Rd

Q EW

Speakman Dr

Sheridan Park Dr

Truscott Dr Southdown Rd

Lakeshore Rd W

Queen St W

Indian

Rd

Caw thra RdQueen St E

Ridgew ay Dr

Colonial Dr

The Collegeway

Erindale Station Rd

M avis Rd

W olfedale RdWinston Churchill Blvd

Rathburn Rd W

Hurontario St10 Line Rd

Edenw ood Dr

Derry Rd W

M illcreek Dr

Erin M ills Pkw y

M ississauga Rd

Erin M ills Pkw y

Creditview Rd

38

4 Line Rd

Burnhamthorpe Rd W

Bronte Rd

6 Line Rd

Burnhamthorpe Rd E

Dundas St W

Upper M

iddle Rd

Trem aine Rd

Nottinghill Gate

9 Line Rd

Lakeshore Rd E

4 Line Rd

Speers Rd

Lakeshore Rd W

Burloak Rd

MacDonald Rd

Kerr St

Trafalgar Rd

8 Line RdFord Dr

Devon Rd

Cornw all Rd

Bridge Rd

410

401

QEW

QEW

403

401

403

25

27

14

3

32

34446

30

3

5

10

35

57

4717

16

45

* 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

36

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

Key Maps

Further West

116

Page 127: GTA New Condo Guide, Mar 1, 2014

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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. 117

2 GREAT GULF HOMES Corporate greatgulf.com • 22-23 16K

3 CASTLERIDGE HOMES Clairington 905-793-0002 • from $200,000 114 16E

30 PINNACLE INTERNATIONAL Pinnacle Grand Park 2 905-276-3981 • from $350,000 60 20L

34 PINNACLE INTERNATIONAL Pinnacle Uptown, Crystal 2 905-568-9000 • from $255,000 61 19K

45 EMPIRE COMMUNITIES Rain Condominiums 905-845-7246 • from $200,000 6 17Q

2 GREAT GULF HOMES Twenty Lombard 416-499-8883 • from $492,000 16K

4 CONSERVATORY GROUP Mirage 905-232-2400 • from $270,000 20K

5 AMACON PSV2 905-273-9333 • 18M

7 GREAT GULF HOMES HOT 905-828-4257 • from $274,000 16M

8 FERNBROOK HOMES Absolute World 416-869-6057 • • from $188,000 21K

8 CITYZEN Absolute World 416-869-6057 from $188,000 21K

10 AMACON The Residences at Parkside Village 905-273-9333 • from $250,000 21K

12 ALTERRA HOMES Renaissance in Olde Brampton 416-710-1010 • from $295,000 13D

14 PEMBERTON GROUP Rosedale Village Golf & Country Club 905-799-5000 • • from $346,000 12E

16 VANDYK COMMUNITIES Windows on the Green 905-822-3333 from $300,000 17M

17 PEMBERTON GROUP Downtown Erin Mills Condominiums 905-630-6300 • from $320,000 6C

18 RETIREMENT LIFESTYLE COMMUNITIES Palisades on the Glen 905-820-8210 • from $290,000 17M

19 UNITED LANDS Stonebrook II 905-822-8858 • 22N

21 CASINO BAY DEV. CORP./TODDGLEN Panoramic Point at Brewery Bay 1-866-611-5525 • from $264,000 7Q

27 INZOLA GROUP Park Place 905-451-7001 • from $310,000 14G

32 ARMOUR HEIGHTS DEVELOPMENTS River’s Edge 905-533-2400 • from $285,000 14A

35 ASHLEY OAKS GROUP Emporium at Joshua Creek 905-618-0660 • from $200,000 17P

38 TRIDEL CORPORATION Metrogate - Ventus 2 416-293-5535 • • from $302,000 19J

38 TRIDEL CORPORATION Ventus at Metrogate 416-293-5535 • • from $344,000 19J

46 MATTAMY HOMES The Mount Pleasant Village mattamyhomes.com • from $200,000 20M

47 THE DANIELS CORPORATION Daniels Erin Mills 905-306-6996 • from $200,000 17M

Page 128: GTA New Condo Guide, Mar 1, 2014

905r

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, Tho

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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

Warden Ave

Elgin M ills Rd

McCow

an Rd19 Ave

Kennedy Rd18 Ave

10 Concession R

Main St SRaym

erville Dr

M ajor M ackenzie

Hwy. 48

Alden Rd

Aldergrove D

r

Denison St

11 Concession R

Cachet Pkw y

Carlton Rd

Hw y 7

14 Ave

Yonge St

Henderson Ave

John St

Steeles Ave E

404

9 Line

16 AveWoodbine Ave Bullock Dr

Kirby Rd

12 Line Rd

Nashville Rd

King-Vaughan RdCold Creek Rd

Hwy. 27

Huntington

Langstaff Rd

50

Islington Ave

Steeles Ave W

Clarence St

Kipling Ave

Teston Rd

Weston Rd

Pine Valley Cr

M ajor M ackenzie

Jane St

Langstaff Rd

Rutherford Rd

Keele St Bathurst St

Dufferin St

Clark Ave W

Centre St

King Rd Yonge St

Jefferson Sideroad

Bloom ington Sideroad

Leslie St

Bayview Ave

19th Ave.

Yorkland St Neal D

r Leslie St

Elgin M ills Rd

Regent St

M ajor M acKenzieM ill St

Gam ble Rd

Denham

Dr

W eldrick Rd W

Strathearn Ave

16th Ave.10

13

3231

2

15

45

3412

62

2240

2641

2029

25

11

124

4

8

1

2343

14

# 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

401401

401

28

Key MapsEast

118

13 LIBERTY DEVELOPMENT CORP. Legacy Park 905-731-8302 • from $303,000 37 10G

14 REMINGTON GROUP The Signature Condominium 905-948-9900 • from $300,000 115 18F

31 PEMBERTON GROUP Sky City 905-709-5700 • from $320,000 8 12F

32 LIBERTY DEVELOPMENT CORP. Royal Gardens 905-889-9997 • from $240,000 35 14F

43 GUIZZETTI DEVELOPMENTS Grand Palace 905-907-4370 • from $295,000 113 12E

44 LIBERTY DEVELOPMENT CORP. Centro Square Condos 2 905-851-8877 • 36 4G

46 EMPIRE COMMUNITIES The Mark 905-554-5015 • from $250,000 6 21E

1 MONARCH CORPORATION Garden Court 416-495-3595 • 16D

2 FLATO DEVELOPMENT Arthouse 905-554-8722 from $200,000 22E

4 TRIDEL CORPORATION Renaissance of Richmond Hill 416-736-9500 • from $740,000 12G

7 MINTOURBAN COMMUNITIES INC. WaterGarden 416-915-3800 • from $254,000 11G

10 GREAT LANDS CORP. The Beverly Hills Resort Residences 905-882-6636 • from $250,000 13F

11 TRIAXIS DEVELOPMENT INC/MARINO DEVELOPMENTS Courtyards of Maple 416-798-7070 • from $390,000 8E

12 GREENPARK HOMES UV2 905-554-6501 • from $253,000 22F

13 LIBERTY DEVELOPMENT CORP. Legacy Park 905-731-8302 • from $280,000 10G

20 SOLMAR DEVELOPMENT CORP Bellaria Residences 905-417-8482 • from $240,000 7E

22 QUADRA MGT. & SCEPTRE DEVS. Renaissance Court at Woodbridge Gates 905-851-4220 • from $505,000 3G

22 WYCLIFFE HOMES Fairground Lofts 905-605-5900 • from $340,000 3G

24 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 Miracle at Yonge 905-709-5700 • from $280,000 12F

31 PEMBERTON GROUP Sky City 2 905-709-5700 • from $320,000 12F

32 SIGNATURE COMMUNITIES TAO Boutique Condos 905-597-2535 • from $200,000 14F

34 SIERRA HOMES 68 Main Street 905-305-0822 • from $250,000 22F

40 NOVA TRIMAX Allegra 905-850-6866 • from $250,000 1F

41 QUADCAM DEVELOPMENT GROUP INC Vista Parc Condominiums 905-850-8883 • from $260,000 3F

45 KYLEMORE COMMUNITIES The 6th Angus Glen 905-887-9950 • 19E

Page 129: GTA New Condo Guide, Mar 1, 2014

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Page 130: GTA New Condo Guide, Mar 1, 2014

HOT DATES

UNTIL MAR 2

Golf & Travel Show

HIGHLIGHTS

MAR 14 – 23

National Home Show &

Canada Blooms

MARCH 2014Calendar of events taking place from

March 1 – 15

Until Mar. 2Golf & Travel ShowMETRO TORONTO CONVENTION CENTRE 255 FRONT ST. W.The Golf & Travel Show tees off its 25th year! Welcoming retail partner and golf industry expert, Clublink, along with a number of exhibitors featuring golf equipment, golf courses, travel options, demonstrations and on-site lessons, the Golf & Travel Show is the pre-season destination for lovers of the game. Visit online for additional information and to purchase tickets.torontogolfshow.com

Until Mar. 14Ice SkatingNATREL RINK 235 QUEENS QUAY WESTEnjoy a fun and free skate at the city’s most scenic skating rink, tucked behind York Quay Centre and set against the Lake Ontario shoreline – a winter-time tradition for 30 years! Strap on your helmet and skates (if you don’t own, there are rentals on site) and enjoy the crisp air and the beautiful scenery. Call 416.973.4866 or visit online for details.harbourfrontcentre.com

Mar. 14 – 23National Home Show & Canada BloomsDIRECT ENERGY CENTRE EXHIBITION PLACEThis highly anticipated annual event heralds the imminent arrival of spring! Enjoy 2-for-1 admission to the National Home Show and Canada Blooms, where more than 750 exhibitors showcase the latest and greatest for your home and garden. Celebrity guests include reno pro Bryan Baeumler and style aficionado Sarah Richardson.nationalhomeshow.com

Mar. 6 – 9International Home & Garden ShowMETRO TORONTO CONVENTION CENTRE 255 FRONT ST. W.The International Home & Garden Show is your one-stop shop for renovation, decoration and inspiration! Stroll more than three acres of exhibitors and inspiration for your home, inside and out, and check out free celebrity and expert seminars from Kimberley Seldon, Karl Lohnes, Lynn Spence and Frank Ferragine, among others!nationalhomeshow.com

MAR 6 – 9

International Home &

Garden Show

UNTIL MAR 14

Ice Skating at Natrel Rink

120 NEW CONDO GUIDE MARCH 1 - 15, 2014

Page 131: GTA New Condo Guide, Mar 1, 2014

resource sectionYOU LOVE THE CONDO, SEE WHAT YOU CAN AFFORD!

Compare mortgage rates for your best deal

Calculate your mortgage payments using the mortgage payment calculation chart

HOMEBUYERS’ HELP

condo buyers’

MARCH 1 - 15, 2014 NEW CONDO GUIDE 121

Page 132: GTA New Condo Guide, Mar 1, 2014

Calculate your mortgage payments

01 Calculate the combined monthly before-tax income of you and your spouse.

02 Divide by three. This figure is the monthly payment you can afford to make on your condo.

03 Take the total price of the condo and subtract the amount of money you expect to make as a down payment. This is the money you will have to borrow.

04 Refer to the chart on the opposite page. Look down the left column and locate the interest rate you expect to pay. Line this up with the amortization period of your choice. (Most first-time buyers take the 25-year amortization.)

05 Multiply this figure by the amount you need to borrow. Divide by 1,000.

06 Add to this your estimated monthly heating costs and monthly property taxes.

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

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

122 NEW CONDO GUIDE MARCH 1 - 15, 2014

Page 133: GTA New Condo Guide, Mar 1, 2014

3.00% 9.65 6.90 5.54 4.73 4.21

3.25% 9.76 7.02 5.66 4.86 4.34

3.50% 9.88 7.14 5.79 4.99 4.48

3.75% 9.99 7.26 5.91 5.13 4.61

4.00% 10.11 7.38 6.04 5.26 4.76

4.25% 10.23 7.50 6.17 5.40 4.90

4.50% 10.34 7.63 6.30 5.53 5.04

4.75% 10.46 7.75 6.44 5.67 5.19

5.00% 10.58 7.88 6.57 5.82 5.34

5.25% 10.70 8.01 6.74 5.96 5.49

5.50% 10.82 8.14 6.85 6.10 5.64

5.75% 10.94 8.27 6.98 6.25 5.79

6.00% 11.07 8.40 7.12 6.40 5.95

6.25% 11.19 8.53 7.26 6.55 6.11

6.50% 11.31 8.66 7.41 6.70 6.26

6.75% 11.43 8.80 7.55 6.85 6.42

7.00% 11.56 8.93 7.69 7.00 6.59

7.25% 11.68 9.07 7.84 7.16 6.75

7.50% 11.81 9.21 7.99 7.32 6.91

7.75% 11.94 9.34 8.14 7.47 7.08

8.00% 12.06 9.48 8.28 7.63 7.25

8.25% 12.19 9.62 8.44 7.79 7.42

8.50% 12.32 9.76 8.59 7.95 7.59

8.75% 12.45 9.90 8.74 8.12 7.76

9.00% 12.58 10.05 8.86 8.28 7.93

9.25% 12.71 10.19 9.05 8.45 8.10

9.50% 12.84 10.33 9.20 8.62 8.28

9.75% 12.97 10.48 9.36 8.78 8.45

10.00% 13.10 10.63 9.52 8.95 8.63

10.25% 13.24 10.77 9.68 9.12 8.80

10.50% 13.37 10.92 9.84 9.29 8.98

10.75% 13.50 11.06 10.00 9.46 9.16

11.00% 13.64 11.22 10.16 9.63 9.34

11.25% 13.77 11.36 10.32 9.80 9.52

11.50% 13.91 11.52 10.49 9.97 9.70

11.75% 14.04 11.66 10.65 10.15 9.88

12.00% 14.18 11.82 10.81 10.32 10.06

12.25% 14.32 11.97 10.98 10.49 10.25

12.50% 14.46 12.13 11.15 10.67 10.43

12.75% 14.59 12.28 11.31 10.85 10.61

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

% Amortization Periods

INTEREST RATES

10 YEARS

15 YEARS

20 YEARS

25 YEARS

30 YEARS

Mortgage payment calculation chart

MARCH 1 - 15, 2014 NEW CONDO GUIDE 123

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inside this issue

TIPS TO DESIGN THEULTIMATE MAN CAVE

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Model HoMes Now opeN iN Richardson Ridge

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Page 135: GTA New Condo Guide, Mar 1, 2014

CHARTERED BANKS Variable 6 Months 1 Year 2 years 3 years 4 years 5 years

ATB Financial 2.7 2.94 2.89 2.99 3.39 3.69 6.30op 6.30op 6.50op

Alterna Svgs/Alterna Bk 3 4 3.09 3.14 3.19 3.35 3.45 6.30op 6.30op

Bank of Montreal 3 4 3.14 3.04 3.85 4.64 3.69 6.30op 6.30op

Bank of Nova Scotia 2.6 4.55 3.75 2.79 3.99 4.39 3.49 6.45op 6.50op

Canadian Western Bank 4 3.14 3.14 3.85 4.64 5.24 6.45op 6.30op

CFF Bank 3.69 3.75 3.79 3.79 3.39

CIBC 3 3.09 2.79 2.99 3.39 3.69 6.70op 6.35op

HSBC Bank Canada 2.65 4.45 2.7 3.95 2.93 4.99 3.49 6.20op 6.35op

ICICI Bank Canada 3.05 3.15 3.65 3.64 3.69 3.89

ING Direct 3 3.19 3.24 3.49 3.69 3.99

Manulife Bank 2.7 4.45 3 3.05 3.1 3.4 3.59 4.00op

National Bank n/a 4.4 3.14 3.14 3.75 4.64 3.59 6.70op 6.70op

President’s Choice Financial 3 3.24 3.59 3.69 4.09

Royal Bank 3 3.14 3.04 3.75 3.39 3.69 6.30op 6.30op

TD Canada Trust 3 3.09 2.89 3.75 4.64 3.69 6.30op

Airline Financial C.U. 4 3.01 3.1 3.33 3.65 3.99 6.25op

Luminus Financial 2.55 3.2 2.8 2.95 3.35 3.6 6.3

TRUST COMPANIES

Community Trust n/a 6.5 3.14 3.25 3.95 4.74 5.34

Effort Trust n/a 4.45 3.25 3.6 3.7 4.6 4.95 6.30op 6.30op

Home Trust Company 2.5 3.95 2.89 2.89 3.09 3.39 3.29

Investors Group Trust n/a 4.2 3.14 3.14 3.9 4.64 5.24 6.50op 6.30op

MTCC 2.6 4.55 3.75 2.79 3.99 4.39 3.49 6.45op 6.50op

OTHER FINANCIAL INSTITUTIONS

Comtech Credit Union 2.95 6.2 2.99 3.25 3.29 3.24 3.59 6.40op 6.30op

First National Fin. LP 3.95 2.99 2.69 2.99 3.39 3.39

FirstOntario C.U. 2.7 3.09 3.14 3.29 3.34 3.49 6.34op 6.34op

London Life n/a 4.2 3.14 3.14 3.95 4.74 5.34 6.50op 6.30op

MCAP 2.6 3.6 3.95 4.35 4.89 5.14 7.00op

Meridian Credit Union 2.6 4 3.09 3.14 3.65 4.39 2.99 6.30op

Parama Credit Union 2.85 3.05 3.1 3.25 3.4 3.6

Steinbach Credit Union 2.5 2.7 3 3.1 3.25 3.45

HOMEBUYERS’ HELP

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 AVAILABLEFeb. 24, 2014. Prepared By Fiscal Agents Financial Information Services 905.844.7700

MARCH 1 - 15, 2014 NEW CONDO GUIDE 125

Page 136: GTA New Condo Guide, Mar 1, 2014

45 Charles Ltd. - Chaz Yorkville Condos 31

Aspen Ridge Homes - Studio on Richmond 49

Bazis Inc. - E Condos 19

Bazis Inc. - One Yorkville 5

BILD - Promo 110

Brandy Lane Homes - The Station 71

Camrost - Felcorp - Imperial Plaza 3

Camrost - Felcorp - The Cumberland 1

Canderel - YC Condos 62-63

Canpages - Promo 127

Castleridge Homes - The Clairington 114

Chinese Home & Condo Guide - Promo 54

City Core - Harmony Village Sheppard 75

Concord Adex - Opus 40-41

Cresford Development Corp. - 1000 Bay IBC

Cresford Development Corp. - CASA 2 IBC

Cresford Development Corp. - CASA III IBC

Cresford Development Corp. - Lofts 399 IBC

Cresford Development Corp. - Merton Yonge Condominiums 128 & IBC

Cresford Development Corp. - NXT IBC

Digital Device - Promo 119

Dundee Kilmer Developments - Canary District Condominiums 45

Easton’s Group - Dundas Square Gardens 73

Eden Shaw - Chaz Yorkville Condos 31

ELAD Canada - Emerald City Condominiums 85

Empire Communities - Rain Condominiums 6

Empire Communities - The HUB 6

Empire Communities - The Mark 6

Empire Communities - Water Tower at Eau Du Soleil 7

Family of magazines - Promo 124

Farm Building Group - Soul 103

Fernbrook Homes/Cityzen Dev. - Garrison Point 69

Fieldgate Homes - 90 Niagara 53

Fram Building Group - SOUL 103

Great Gulf Homes - Corporate 22-23

Guizzetti Developments - Grand Palace 113

Insoho Developments - Imagine Condos 97

Lamb Development Corp. - The Harlowe 79

Lanterra Developments - Model Suite of the Month 10

Lanterra Developments - The Britt 11

Liberty Development Corp. - Centro Square Condos 2 36

Liberty Development Corp. - Legacy Park 37

Liberty Development Corp. - Royal Gardens 35

Liberty Development Corp. - Terrace on Danforth 35

Liberty Development Corp. - World on Yonge 35

Lifetime Developments - The Bond Condominiums 27

Lifetime Developments - The Code 25

Lindvest - B Streets 101

Lindvest - Grand Cornell Brownstones in Markham 99

Luxury Condos - Promo 50

Malibu Investments Inc. - Smart House 51

Menkes Developments Inc. - 87 Peter Insert

Menkes Developments Inc. - Corporate Insert

Metropia - E Condos 19

MintoUrban Communities Inc. - 30 Roe 81

Monarch Corporation - Corporate Insert

Monarch Corporation - Riva del Lago Insert

Monarch Corporation - The Epicurean 17

Neudorfer Corporation - Fuse Condos 83

One of a Kind Spring Show - Mar. 26-30 78

Pemberton Group - Downtown Erin Mills Condominiums 9

Pemberton Group - Sky City 8

Pinnacle International - 33 Bay Residences at Pinnacle Centre 60

Pinnacle International - Pinnacle Grand Park 2 60

Pinnacle International - Pinnacle Uptown, Crystal 2 61

Pinnacle International - The Marquee Townhomes on thePark 61

Pinnacle International - The Pinnacle on Adelaide 61

Queenscorp Residences - Watermark 95

Remington Group - The Signature Condominium 115

Rio Can - E Condos 19

Rockport Group - The Nest 67

The Daniels Corporation - Cinema Tower Condominiums Insert

The Daniels Corporation - NY2 39

The Daniels Corporation - One Park Place Condominiums 29

The Daniels Corporation - The Parkside Collection 15

Tiffany Park Homes - Westhaven 89

Tribute Communities - The College 47

Tridel Corporation - 101 Erskine IFC

Tridel Corporation - Corporate IFC

Tridel Corporation - Spadina Queen IFC

Tridel Corporation - Trio at Atria IFC

Tridel Corporation - West Village IFC & BC

Urban Capital - RC3 55

Urban Capital - Smart House 51

Worsley Urban Partners - Totem Condominium 59

Your First Home & Condo - Promo 98

INDEX OF ADVERTISERS

126 NEW CONDO GUIDE MARCH 1 - 15, 2014

Page 137: GTA New Condo Guide, Mar 1, 2014

MARCH 1 - 15, 2014 NEW CONDO GUIDE 127

Page 138: GTA New Condo Guide, Mar 1, 2014

M E R T O N Y O N G E T O W N H O M E S

view

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6.875” x 10.5” IGF 7.25” x 10.5” IFCfold

tridel.com*Price and specifications are subject to change without notice. Illustrations are artist’s concept only. **Source: The City of Toronto Official Plan and the Agincourt Secondary Plan, a future bus and subway terminal or other transit related uses are proposed for this location. Building and view not to scale. Tridel®, Tridel Built for Life®, Tridel Built Green. Built for Life.® are registered trademarks of Tridel and used under license. ©Tridel 2014. All rights reserved. E.&O.E. March 2014.

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SHOWCASEC O L L E C T I O N

TRI 23179 CG GF(IFC) + WV OBC Feb 14.indd 2-3 2/21/2014 12:26 PM

Page 141: GTA New Condo Guide, Mar 1, 2014

6.875” x 10.5” IGF 7.25” x 10.5” IFCfold

tridel.com*Price and specifications are subject to change without notice. Illustrations are artist’s concept only. **Source: The City of Toronto Official Plan and the Agincourt Secondary Plan, a future bus and subway terminal or other transit related uses are proposed for this location. Building and view not to scale. Tridel®, Tridel Built for Life®, Tridel Built Green. Built for Life.® are registered trademarks of Tridel and used under license. ©Tridel 2014. All rights reserved. E.&O.E. March 2014.

AN URBAN OASIS AT YONGE & EGLINTON.

ETOBICOKE’S NEW VILLAGE. MOVE IN NOW.

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highways, TTC and the airport.

Facebook.com/Tridel Twitter.com/Tridel

ONE OF DOWNTOWN TORONTO’S MOST DRAMATIC NEW CONDOS.Discover a modern, geometric design that steps away from the typical condo aesthetic in the epicentre of downtown Toronto. SQ is where people in the know want to live. Inventive, imaginative and inspiring.

A Tridel Built Green. Built for Life.® community.

THE NEXT GREAT PHASE OF ATRIA IN NORTH YORK.Located within the master planned Atria community, TRIO is the most desirable new place to live in North York. Close to Fairview Mall and the proposed Sheppard Avenue East LRT**. An exquisite residence adjoining a lush park.

GRAND OPENING GRAND OPENING GRAND OPENING MOVE IN NOWSuites from $255,000* Suites from the mid $300,000’s* Suites from $290,000*Suites from $286,000*

Signature and Penthouse Collection Suites also available from $854,000*

Nine Signature Townhomes available from $895,000*

PRESENTATION CENTRE:2255 Sheppard Ave. E., Unit 120, North York(at Settlers Rd.)

PRESENTATION CENTRE:519 Queen Street West, Toronto(Queen Street W. & Spadina Ave.)

PRESENTATION CENTRE:6 Eva Road, Etobicoke (north of Bloor Street W., off The West Mall)

PRESENTATION CENTRE:2611 Yonge Street, Toronto(at Sheldrake Blvd.)

SHOWCASEC O L L E C T I O N

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7.5" x 10.5" OBC

PRESENTATION CENTRE

6 EVA ROADETOBICOKE

North of Bloor St. W., off The West Mall

CONTACTUS

PHONE416.620.1887

WEB TRIDEL.COM

[email protected]

MOVE IN NOW

PRICES

SUITES FROM

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Parking Included

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Occupancy in 2014.

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*Prices and specifications are subject to change without notice. Illustrations are artist’s concept

only. Tridel®, Tridel Built for Life®, Tridel Built Green. Built for Life.® are registered trademarks of

Tridel and used under license. ©Tridel 2014. All rights reserved. E.&O.E. March 2014.

Facebook.com/Tridel Twitter.com/Tridel

Model Suite

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