gta new condo guide, mar 14, 2015

All images are artist concept.

A CUT ABOVE THE ORDINARY AT AVENUE RD. AND ST. CLAIR

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Mar 14 - 28, 2015 Volume 19 Issue 6

INSIDE THIS ISSUE

CONDO ETIQUETTE: THE 10 ELEVATOR COMMANDMENTS

HOUSING AFFORDABILITY DOWN AS TORONTO PRICES RISE

THE REAL MICRO CONDO EXPERIENCE

CG_Cvr_03-14-15.indd 1 3/9/15 3:00 PM

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DIAMONDS ARE FOREVER JUST LIKE

OUR VIEWS

PRICES AND SPECIFICATIONS SUBJECT TO CHANGE. IMAGES ARE ARTIST CONCEPT. ERRORS AND OMISSIONS EXCEPTED. BROKERS PROTECTED

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2 NEW CONDO GUIDE MARCH 14 - 28, 2015 MARCH 14 - 28, 2015 NEW CONDO GUIDE 3

SUSAN LEGGEEditor-in-chief

[email protected]

Follow me on Twitter atTwitter.com/SusanLegge

Like us on FacebookSearch: Condo Guide

LYDIA MCNUTTEditor

[email protected]

Follow me on Twitter atTwitter.com/LydiasTweets

EDITOR’S NOTE

YOUR SEARCH STARTS HEREIf you’re picking up New Condo Guide for the fi rst time, it’s your fi rst step in the right direction toward fi nding the home that’s right for you.

Owning a home allows you to create a living environment that is uniquely yours. Whether you’re still dreaming about buying your fi rst place or are wondering what your next move should be, now is a great time to buy.

Low mortgage rates provide a solid underpinning during the home-buying process. Mortgage rates are at all-time lows. Don’t forget, fi rst-time buyers can also take advantage of the Home Buyers’ Plan to withdraw up to $25,000 from their Registered Retirement Savings Plan (RRSP), tax-free, to add to their down payment and for other purchase-related costs. A spouse or partner can also do this, giving you a total of up to $50,000 toward your home. To avoid tax liability on the withdrawn funds, you will be required to repay the money to your RRSP account within 15 years.

If fi nancial stability, pride of ownership, long-term investment and peace of mind sound attractive to you, check out what’s available in the new condo market. Your search starts and ends here!

QUESTIONS AND ANSWERSIs it a buyer’s or seller’s market? Will prices rise or fall in the next few weekswhile you search for the best home and the best deal? What will happen to mortgage interest rates? Should you buy now, or wait until the feverish spring frenzy blows over?

If you’re in the market for a new home, these questions are probably keeping you up at night as you try to answer one over-arching question – is now a good time to buy?

While it’s a good idea to pay attention to the headlines and all the accompanying advice – professional and otherwise – take it with a grain of salt. Nobody can predict with certainty what will happen in the real estate market. And while the picture may look a certain way from a national, provincial or city-wide perspective, what happens from one street to the next, from one price range to the next, and in your specifi c circumstances can di� er dramatically.

So, back to the question: is now a good time to buy? Take an honest look at your fi nancial situation. Review your assets and debts, including mortgage (current and expected payments on your new place), car loans, lines of credit, student loans and other bills. Are you secure in your job? Are you planning to grow your family? Only you know when the timing is right.

Buying a home is a big decision and a huge commitment. The fi rst step is fi guring out your reality and where your comfort level lies. With a little forethought, you’ll be better equipped to make the right decision for you.

002 Editors Note-Headlines and predictions_VB_L.indd 2 3/10/15 2:21 PM

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MARCH 14 - 28, 2015 NEW CONDO GUIDE 3


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

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

PRESIDENT, YELLOW PAGES NEXTHOME

Jacqueline HillEDITOR-IN-CHIEF / DIRECTOR OF CONTENT

Susan LeggeDIRECTOR OF SALES, NATIONAL

Josh HeppnerASSOCIATE PUBLISHERSWO NEW HOMES

Susan Maxwell ART DIRECTOR

Daiana GarayEDITOR

Lydia McNuttCONTRIBUTING EDITORS

Sara Duck Wayne KarlElisa KrovblitDESIGN EDITOR

Yanic Simard

SENIOR SALES MANAGER

Conni RobinsonSENIOR ACCOUNT EXECUTIVES

Dionne [email protected] [email protected]

SALES & MARKETING CO-ORDINATOR

Terry BassettADMINISTRATIVE ASSISTANT

Antoinette Jackson

PRODUCTION MANAGER

Bala GnanapandithanPRODUCTION CO-ORDINATOR

Sandra Hanak-VujnovicGRAPHIC DESIGNERS

Viosa Barileva, Miguel Cea, Hannah YarkonySandra Hanak-Vujnovic, Mike Terentiev

#500-401 The West MallEtobicoke, ON M9C 5J5T 416.626.4200 F 416.784.5867newhomeandcondoguide.ca

ADVERTISING Call 416.626.4200 for advertising ratesand information. CIRCULATION Free distribution in select high-traffic street boxes, stores, banks, financial institutions and select condominium sales offices.COPYRIGHT 2015 All rights reserved by Yellow Pages Homes Limited. Reproduction in any form is prohibited. Contents of this publication are covered by copyright and offenders will be prosecuted under the law.TERMS Advertisers, editorial content and New CondoGuide are not responsible for typographical errors,mistakes or misprints. All prices are correct as of presstime and are subject to change without notice. E. & O. E. EDITORIAL Submissions from interested parties will be considered. Email to [email protected] views and data expressed by columnists do not necessarily represent those of the publication.

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

INVESTOR ADVICE Andrew la FleurAndrew la Fleur is an award-winning realtor withRe/Max. Andrew’s expertiseis in helping investors make money in the Toronto condo market. Visit TrueCondos.com/NewCondoGuide for a free gift. Contact Andrew at 416.371.2333 [email protected]

STAT CHATBen MyersBen Myers is senior vice-president of Market Research and Analytics at Fortress Real Developments. Follow his blog posts and commentary on the Canadian housing market at fortressrealdevelopments.com/news or follow him on twitter at @BenMyers29

CONTRIBUTORS NEW CONDO GUIDE

MORTGAGE ADVICEAlyssa 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.

HOME SWEET HOMELydia McNuttLydia McNutt is an award-winning writer and editor of New Condo Guide. Lydia’s love of architecture, interior design and the written word have landed her happily at home at Yellow Pages NextHome. [email protected] follow her on Twitter@LydiasTweets

IN THE NEWSWayne 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. [email protected] follow him on Twitter at Twitter.com/WayneKarl

004 Contributors_MC_L.indd 4 3/10/15 11:03 AM

@BazisIncPrices and specifi cations are subject to change without notice. E. & O.E.

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6 NEW CONDO GUIDE MARCH 14 - 28, 2015

Visionary architecture. Forever vistas. An inspiring address.

Come hometo your sensesHealthy, resort-style condominium living in Oakville from $219,990*

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By Bryan Tuckey

BILD REPORT

Bryan Tuckey is president and CEO of the Building Industry

and Land Development Association and a land-use planner who has worked for

municipal, regional and provincial governments. Follow

him on Twitter @bildgta, facebook.com/bildgta and

bildblogs.ca

Vote for GTA’s best community

dilemma, celebrity designers will be on hand to review your photos, floor plans, paint samples and provide some guidance.

Save $3 when you get your tickets online at nationalhomeshow.com and we hope to see you there!

Now’s your chance to vote for the GTA’s best new community, and you could be choosing the 2015 People’s Choice Award winner – to be announced on April 24 at the annual BILD Awards.

We have eight finalists, some are lowrise communities and some are highrise communities and they can be found across the GTA. You can view the descriptions and images related to each one and cast your vote.

The finalists include: Aurora Trails by Arista Homes Ltd.; Kingston & Co. Condominiums by TAS; Lanehouse on Bartlett by Curated Properties; Minto Westside by Minto Communities; Sean in Barrie by Sean Mason Homes; The Academy by LeMine Developments Group; The Preserve by Mattamy Homes Ltd.; and YC Condos – Yonge at College by Canderel Residential Inc.

I can’t wait to see the results and our members like to hear the results of the People’s Choice as well.

You can vote online at bildpca.ca or you can visit the National Home Show March 14 to 15 and March 21 to 22 and see the finalists’ communities on exhibit. Here’s the best part: at the Home Show, you can vote on the spot!

We’re even going to have some of our Young BILDer committee members, who are some of our young leaders in the association, volunteer at the exhibit to answer questions about the finalists, the awards and the industry in general.

Every year, more than 200,000 visitors come to the National Home Show and with more than 750 exhibitors showcasing the best and newest home products, this is one show you won’t want to miss. We’ve co-located again with Canada Blooms, which brings more than 50,000 sq. ft. of feature gardens under the same roof and the Show runs from March 13 to 22 at the Direct Energy Centre at Exhibition Place.

On Mon., Mar. 16, there will be family-friendly activities for the kids and all week long you can find RenoMark renovators and trade contractors volunteering at Destination Renovation, the BILD booth, and giving our free advice to homeowners. Speaking of free advice, if you have a design

010 BILD Report-Bryan Tuckey-Vote for GTAs Best Community_MC_L.indd 18 3/10/15 11:03 AM

“Live free for a year” refers to credit for maintenance fee for one year as listed in the condominium documents. ALL SALES REQUIRE MORTGAGE APPROVALS. A 95% MORTGAGE APPROVAL IS REQUIRED or PURCHASER IS TO PROVIDE ADDITIONAL DEPOSITS ON OCCUPANCY for the difference. Special Deposit structure is not available for Off shore deals. Prices and Specifications subject to change without notice. Promotions may be changed and or cancelled at any time without notice. Exclusive Broker Milborne Real Estate Inc. Brokers Protected. Please speak to Sales Representative for full details. E. & O. E.

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MAR 14 – 28, 2015 VOLUME 19 ISSUE 06

2 Editor’s Note

4 Contributors

10 BILD ReportVote for GTA’s bestcommunityby Bryan Tuckey

14 Home Sweet HomeAverage 416 house ona millionaire budgetby Lydia McNutt

16 Hot DatesEvents to check out inand around the GTA

18 Mortgage AdviceThe overnight lendingrate stays put, for now...by Alyssa Richard

22 CMHC ReportColdest month on record puts drag on housing starts

24 In The NewsCHBA recognizes housing industry’s best

28 Stat ChatChances of housing market correction in Canada lessthan fi ve per centby Ben Myers

32 Condo ProCondo living is “right” forjust about everyoneby Barbara Lawlor

34 Investor AdviceFive things every investor should know about occupancy feesby Andrew la Fleur

38 Condo SenseThe real micro condo experienceby Kara Kuryllowicz

44 In The NewsCanada’s housing aff ordability takes a hit. Thanks T.O.by Lydia McNutt

46 Condo SenseElevator etiquette:The 10 Commandmentsby Jane Herman

48 Legally SpeakingNot every lawyer is a realestate lawyerby Jayson Schwarz

50 In The NewsAuto industry surge boosts Ontario economy, housing sectorby Wayne Karl

20

COLUMNS / NEWS / FEATURES

Camrost-Felcorp’s Blue Diamond proposes a brilliant gem in a fi ne setting

COVER STORY

CONTENTS

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52 Designer Advice Get friendly with fabrics by Yanic Simard

58 Money Matters Coming clean by Gail Vaz-Oxlade

62 In The News Higher fees loom for Ontario new-home buyers by Wayne Karl

64 Finances 27.5 per cent of Canadians are in credit card debt denial

72 Condo Watch 416 Previews, new releases and grand openings in the 416

78 In The News Convenient, intelligent Canary Park offers ultimate contemporary urban living

82 Sweetest Suites Model suite showcases innovative thinking and luxurious design at 5959 Yonge St Condos

84 Finances Out of sight, out of mind? More than half of Canadians have never checked their credit score

96 Condo Watch 905 Previews, new releases and grand openings in the 905

98 In The News The Craftsman’s new sales centre sets success trend for Toronto condominiums

100 Homebuyers’ Help How to research your new home purchase

106 Condo Culture The wine cellar solution for condo dwellers

108 Condo Hunter’s Checklist

113 Condo Buyers’ Resource Section

118 Advertiser Index

CONDO PROFILES

CONTENTS

DIAM DEVELOPMENTS On The Danforth Kinetic-inspired architecture to energize Toronto’s east end

76DAVIES SMITH DEVELOPMENTS Eleven Superior A new era for Mimico-by-the-Lake continues to shape-up with Eleven Superior

73

GUIZZETTI CORP. Grand Palace Condominiums Luxury reignsin Richmond Hill

102

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The average price of a Toronto detached home hit an all-time high in February, at a mind-boggling $1,040,018 - up 8.9 per cent year over year,

according to the latest fi gures released by the Toronto Real Estate Board (TREB).

This means that in order to qualify for a conventional mortgage on your average single-detached digs in the 416, your down payment will run more than $200,000. Ouch!

These numbers only confi rm what we already know: Toronto real estate is expensive, so much so, that homebuyers are moving up and out to make ends meet. Translation: condos and suburbs are gaining speed.

But the 905 isn’t too far behind its 416 counterpart, with detached prices up 8.5 per cent over Feb. 2014 to an average of $694,285. While that’s more palatable, it’s still hard to swallow for many homebuyers

– especially fi rst-timers with white-picket-fence dreams.

For those who aren’t willing to compromise on their three-bedroom, backyard ideals, Paul A. Golini Jr., co-founder and executive vice-president of Industry Relations at Empire Communities, let us in on an

old industry saying: You drive until you qualify, “and will continue doing so if it means you’ll have a bigger house or lot.” That accounts for the “out” trend.

On the other hand, if you prioritize location over lot size, February saw a narrowing gap between condos in the 416 and 905, with prices averaging $369,655 and $322,055, respectively. So, what about that $47,600 price di� erential?

By Lydia McNutt

Average 416 houseon a millionaire budget

HOME SWEET HOME

A recent study by Pembina Institute and RBC, Location Matters: Factoring location costs into homebuying decisions, explored location-related costs and how these a� ect the bottom line of home ownership, beyond sticker price. While walkable neighbourhoods are typically more expensive atfi rst glance, Pembina and RBC crunched the numbers and found that residents spend on average $10,000 a year on car ownership. Buy and keep the downtown property for fi ve years, and put those car costs toward your mortgage, and you can have your cake and eat it too.

Lydia McNutt is an award-winning writer and editor of New Condo

Guide. Lydia’s love of architecture, interior design and the written

word have landed her happily at home at Yellow Pages NextHome,

where real estate rules. Email [email protected],

and follow her on Twitter @LydiasTweets

014 Home Sweet Home_Lydia McNutt-Average Toronto home hits new high_MC_L.indd 16 3/10/15 11:04 AM

C O M I N G T H I S S P R I N G

Exclusive Listing: CityLife Realty Ltd. Brokerage. Brokers Protected. Illustrations are artist’s concepts. Prices and specifi cations are subject to change without notice. E.&O.E. Reproduction in any form, without prior written permission of The Daniels Corporation, is strictly prohibited. *Conditions apply, see sales representative for full details. **Conditions apply. First Home Boost Program is only available on a limited number of suites.

Finally! Everything you’ve been looking for in the heart of the city has arrived!The Bartholomew collection of condominium suites and traditional towns is redefi ning downtown living. Smart designs, impeccable designer fi nishes, outstanding amenities, and townhomes with private backyards – all just steps from a new 6-acre park, aquatic centre, MLSE athletic grounds, schools, shopping, and dining. And, the TTC is at your door. This is an extraordinary opportunity to own a new home in the award-winning, world-leading Regent Park revitalization – In the heart of it all, you can have it all.

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MARCH 2015Calendar of events taking place from

Mar. 14 – 28

Until May 9 Toronto Observed Through Three Generations ST. LAWRENCE MARKETSee Toronto through the eyes of three generations, now on display at The Market Gallery, located on the second floor of St. Lawrence Market. The collection features close to 80 black and white photographs shot by photographers and long-time friends Harry Joy, Doug Hemmy and Andy Brooks, known for featuring Toronto as a subject of their art. Admission is free. 416.392.7604

March 23 – 27 World Mastercard Fashion Week DAVID PECAULT SQUARE, 221 KING ST. W.Fashion designers and fashion lovers strut to this annual springtime event to see the latest runway trends from the biggest names in Canadian and international fashion. Check out the shows, attend the parties, see and be seen! Visit online for a full schedule and additional information. worldmastercardfashionweek.com

Until April 26 Douglas Coupland: everywhere is anywhere is anything is everything ROYAL ONTARIO MUSEUM & THE MUSEUM OF CONTEMPORARY CANADIAN ART Contemporary Canadian artist Douglas Coupland explores the 21-st Century condition, Canadian cultural identity, the power of language and modern technology through diverse media ranging from Lego to found materials, painting to installation. rom.on.ca

March 13 – 22 National Home Show + Canada Blooms DIRECT ENERGY CENTRE, EXHIBITION PLACENorth America’s largest home and garden extravaganza is back to ring in spring! Two world-class events are wrapped into one: the National Home Show brings back favourites like Destination Renovation, the 2015 Dream Home and the 2015 Idea Stage. While you’re there, check out 50,000 sq. ft. of feature gardens at Canada Blooms. nationalhomeshow.com

HOT DATES

016 Hot Dates-Mar14_L.indd 112 3/10/15 11:04 AM

first.discover moreMonarchGroup.net

*Prices, specifications and promotions are subject to change without notice. Rendering is artists’ concept and image is for mood and impression only. E.&O.E.

Go on vacation every time you come home

Monarch offers three landmark condominiums on the sought-after Humber Bay Shores waterfront. Impressive lobbies. Water views. Concierge services. Luxury amenities. Lounges and rooftop terraces. Nearby bars and restaurants. For resort lifestyle, Monarch has the waterfront covered. Choose Monarch first.

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White volumes seemingly hover in mid air. Trees climb up the face of the building, like a forest reaching up the slopes of a mountain. And the amenities redefine luxe living. Picasso on Richmond is one of Toronto’s most striking architectural statements. It’s under construction now, rising over the heart of Queen West with views of Queen and Peter and the Entertainment District. Picasso on Richmond is very much a part of the celebrated Queen West experience, and is in the heart of the Toronto international Film Festival every year. You can even own a three bedroom suite from the $600’s! A location like no other, right at John and Richmond and just a 5 minute walk to the subway. Where else in downtown can you find space at this level and this price range? Only Picasso on Richmond. And only for now.

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A new landmark has arrived at the intersection of Eglinton Avenue & Erin Mills Parkway. Already a big success, DANIELS ERIN MILLS is the culmination of a pioneering vision that will redefine the concept of modern urban living. With Daniels Erin Mills, Mississauga has an iconic address for people to Love where they Live, Work, Play, Dine & More.

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

Call or visit todaydanielserinmills.com | 905.306.6996PRESENTATION CENTRE2475 Eglinton Ave W

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EMIL 38925 Condo Guide.indd 1 15-03-06 5:39 PM



By Alyssa Richard

MORTGAGE ADVICE

Alyssa Richard is the founder and CEO of ratehub.ca, a

mortgage rate comparison site that aims to empower

Canadians to make smart financial decisions.

The overnight lending rate stays put, for now...

The Bank of Canada recently announced it would leave its overnight lending rate at 0.75 per cent – for six more weeks, anyway. The rate has sat at this

position only since Jan. 21, when the central bank made an unexpected rate cut, after holding it at one per cent for nearly 4.5 years.

The drop of 0.25 percentage points in January came as a surprise, as most economists had been predicting the opposite would occur some time in 2015. It was the Bank’s way of attempting to shield highly indebted Canadians from the negative impacts in the energy sector, caused by the sharp drop in oil prices in the latter half of 2014. But it was also a signal for banks to drop their Prime rates, to stimulate the economy as a whole.

The banks expressed concern that dropping their rates would cause Canadians to take on more debt they couldn’t afford to repay, versus help those who were feeling the pinch, so initially they chose not to budge. Eventually, they all dropped their Prime rates by 0.15 per cent, from three per cent to 2.85 per cent, but none have made a full 0.25-per-cent cut, as suggested by the central bank’s move.

According to our mortgage calculator, the additional 0.10 per cent that’s missing could lower our best five-year variable rate from two per cent to 1.9 per cent, which would result in a savings of $18/month or $1,080 over five years on a $400,000 home (the average price in Canada), with 10 per cent down and a 25-year mortgage. That may not sound like much, but it hurts to think about, when you know the banks have control and are choosing not to make a move.

All of this is to say that some people predicted the Bank of Canada would further cut the overnight lending rate at its latest announcement, potentially by an additional 0.25 per cent. However, Governor Stephen Poloz noted that data from 2014 suggests we’ll see stronger growth in non-energy exports and investments in 2015, and the central bank wants to wait and see how the economy responds to the first rate cut of the year, before making any further moves.

So, the overnight lending rate – and therefore Prime rates and your variable mortgage rates – are going to stay put. For now. But if the economy declines, we may see another cut. And if things continue to get better, we may see it go back up to one per cent – or more.

018 Alyssa-Rate staying put for now_VB_L.indd 18 3/10/15 11:04 AM

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COVER STORY

A diamond in Deer ParkCAMROST-FELCORP’S BLUE DIAMOND PROPOSES

A BRILLIANT GEM IN A FINE SETTING

HIS SECRET IS OUT: DAVID FELDMAN, PRESIDENT and CEO of Camrost-Felcorp, is a huge fan of Deer Park.

“Bordering Forest Hill, Moore Park and Casa Loma, it’s nestled among some of Toronto’s best communities, and is surrounded by abundant green spaces, ravines and nature trails,” says Feldman. “As a long-time resident of this part of the city, I know how coveted the neighbourhood is by empty nesters and young families alike.

“There’s something for everyone,” Feldman adds. “For young families, it’s the list of desirable local schools, including the highly respected Deer Park Elementary, Upper Canada College, Brown Public School, De La Salle College, The York School and The Bishop Strachan School; while an older, more established Deer Park resident finds themselves taken with the chic lifestyle options of nearby Yorkville, or the easy conveniences created by the quaint Forest Hill Village. Everyone can agree, the recent transition of St. Clair West has made it a magnet for cool new restaurants and shops, not to mention the soon-to-be-announced retail that will be built at 111 St. Clair.

020-021 cover story-Camrost-Blue Diamond_VB_L.indd 46 3/10/15 11:04 AM

20 NEW CONDO GUIDE MARCH 14 - 28, 2015 MARCH 14 - 28, 2015 NEW CONDO GUIDE 21JANUARY 17 - 31, 2015 NEW CONDO GUIDE 21

For your piece of the Blue Diamond, go to bluediamondcondos.ca, or call 416.925.2501.

Given Feldman’s love of the area, it’s no wonder that two of his company’s most successful condominium developments – The Avenue and Imperial Plaza – are located in the heart of Forest Hill, and it’s therefore no surprise that Camrost-Felcorp’s next condominium is located there.

Known as Blue Diamond, the condominium’s location at the peak of the Avenue Road hill presents residents with unparalleled views of the city – north and south – year round. Due to the elevation, even suites on the lower floors here will have vistas similar to the upper floors of downtown condos.

“After being in the real estate business for over 40 years, we know what people want,” says Feldman. “Everyone wants a suite with a view, and so we turned to our architect to design a building that would have interest at street level, while taking advantage of the site’s natural elevation.”

Camrost-Felcorp turned to internationally renowned Diamond Schmitt Architects Inc. (DSAI), to design Blue Diamond.

Built on the site of the former Deer Park United Church, Camrost-Felcorp and DSAI have managed to preserve and restore the façade of the 1913 heritage building, while transforming the interior into an inviting open courtyard. With a sculpture garden and seating areas at grade, a stunning 26-storey glass, stone and precast tower will rise majestically from behind the church.

Starting at $299,900, Blue Diamond boasts a range of suite layouts (from one-bedroom designs to spacious two-bedroom-plus-dens), and a range of sizes (from 485 to 1,865 sq. ft.).

Suite designs include kitchens featuring sleek European-style custom cabinetry and elegant stone counters with a stainless steel single or double sink and single-lever pullout faucets. High-end appliances, including an integrated dishwasher and refrigerator with a bottom-mount freezer, smooth-top electric cooktop and a built-in under-counter electric oven complete with a stainless steel hood fan are also standard.

Rich with amenities, Blue Diamond residents will have exclusive access to the 20,000-sq.-ft. Imperial Club at Imperial Plaza. The Club features an indoor pool and whirlpool, squash courts, a yoga/Pilates studio and private training room, screening rooms and media lounge, and two guest suites for overnight visitors.

Currently in the pre-registration phase, the list of those wanting their piece of this rare gem is growing.

020-021 cover story-Camrost-Blue Diamond_VB_L.indd 47 3/10/15 11:04 AM


Housing starts in the Toronto Census Metropolitan Area (CMA) trended slightly lower

at 25,044 units in February compared to 25,268 in January, according to Canada Mortgage and Housing Corp. (CMHC). The trend is a six month moving average of the monthly seasonally adjusted annual rates (SAAR) of housing starts.

“February was the coldest month on record for the GTA and frigid temperatures have pushed back some large condominium projects from getting off the ground,” says Dana Senagama, CMHC’s principal of market analysis for the GTA. “However, more highrise starts are expected this year due to an increase in pre-construction condominium apartment sales since mid-2013.”

CMHC uses the trend measure as a complement to the monthly SAAR of housing starts to account for considerable swings in monthly estimates and obtain a more complete picture of the state of the housing market. In some situations, analysing only SAAR data can be misleading in some markets, as they are largely driven by the multiples segment of the markets which can be quite variable from one month to the next.

The stand-alone monthly SAAR was 22,498 units in February, down from 37,015 units in January. The decrease was the result of a significant drop in apartment starts this month.

CMHC REPORT

Coldest month on record puts drag on housing starts

Across the GTA, the city of Toronto recorded the highest number of starts in February, made up of mostly condominium apartments. The next highest level of starts was recorded in Brampton, which saw the largest number of ground-oriented units begin construction. This was followed by Aurora, which saw a boost in single-detached and row starts.

PRELIMINARY HOUSING STARTS DATA FEBRUARY 2015

Source: CMHC1 Census Metropolitan Area2 The trend is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR).

Toronto CMA1 January 2015 February 2015

Trend2 25,268 25,044SAAR 37,015 22,498

February 2014 February 2015

Actual

February — Single-detached 343 358

February — Multiples 2,658 1,299

February — Total 3,001 1,657

January to February — Single-detached 966 798

January to February — Multiples 4,917 3,833

January to February — Total 5,883 4,631

TORONTO CMA HOUSING STARTS

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25.0

022 CMHC Report-February Housing Starts TO_MC_L.indd 18 3/10/15 11:04 AM

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

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IN THE NEWS

CHBA recognizes housing industry’s best

The achievements of Canada’s leading home builders, renovators and developers were recognized at the Canadian Home Builders’ Association’s (CHBA) National

SAM Awards – a highlight of the CHBA’s 72nd National Conference held in Halifax recently.

“Each of these CHBA National SAM Award winners is outstanding,” said CHBA president Bard Golightly. “I congratulate all the winners and commend their tremendous accomplishments.”

The CHBA National SAM Awards honour outstanding achievement by home builders, renovators and developers, and by their marketing teams.

Albi Homes of Calgary, Alberta won the prestigious Grand SAM Award. The firm had won the Grand SAM in 2012. This prestigious award is presented annually to a CHBA builder member for combined excellence in both the building and marketing of new homes. Albi Homes was a finalist in seven separate categories in new homes and marketing.

Seven Lakes Developments Ltd. of Porters Lake, Nova Scotia won the Marketing Excellence Award with creative concept and production by McOuat Partnership. The award recognizes the builder-member achieving the highest cumulative results in at least four Marketing Award categories. The firm also won individual Marketing Awards in the Sales Office and Project Signage and Logo categories.

Locally, Etobicoke’s the Kip District by Concert Real Estate Corp. took the prize for best website, with creative, concept and production by 52 Pick-up Inc.

The CHBA National SAM Awards, presented in partnership with Masco/Delta Faucet and Genworth Canada is the country’s premier competition for new homes, home renovations, community development, marketing and sales. An independent panel of judges selected from across Canada presided over the competition.

The CHBA is the national voice of the residential construction industry, representing more than 8,500 member firms across the country. Membership comprises home builders, renovators, developers, trade contractors, building material manufacturers and suppliers, lenders and other professionals in the housing sector.

Congratulations to all the winners!

Calgary’s Albi Homes took the prestigious Grand SAM Award

Etobicoke’s the Kip District by Concert Real Estate Corp. took the prize for best website, with creative, concept and production by 52 Pick-up Inc.

024 News-CHBA Awards_VB_L.indd 18 3/10/15 11:04 AM

Live on Toronto’s New Blue Edge,the city’s next great waterfront community.

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EXCLUSIVE BROKER BAKER REAL ESTATE INC. BROKERS PROTECTED. *SPEAK TO A SALES REPRESENTATIVE FOR MORE DETAILS. PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. ILLUSTRATIONS ARE ARTIST CONCEPT. E&O.E.

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By Ben Myers

Twice a year I produce a report called The Market Manuscript – a robust document that reviews the state of the new housing market in Canada, and several metro markets in which my firm is active.

The report is produced for consumption by our development partners and individuals invested in Fortress projects, but I hope the general public takes a look as well. I include data from as many independent sources as possible, and include key findings from Canada’s top economists. The report is free to download on our website.

I wanted to add some additional flavour to the first report this year by surveying the opinion of Canada’s top housing analysts on some of the hot-button issues influencing residential real estate. With that in mind, I conducted a survey of the top 40 housing analysts in this country, via an online survey. With several reports suggesting Canadian housing is anywhere from 10 per cent to 63 per cent overvalued, I asked the analysts this question: What is the probability of the average Canadian house price falling 20 per cent from 2014 levels over the next five years?

Fifty-six per cent of respondents felt the chance of a major housing price correction in Canada between now and 2020 was between one and 4.9 per cent, while six per cent of respondents felt it was less than one per cent. None of the respondents felt the probability was greater than 20 per cent. I did not track the individual responses, hoping the analysts would be as candid as possible.

You never know when the next global economic event will occur and influence house prices in our country, but it is reassuring to know that the people who track housing market activity for a living, think the chance of a housing correction is very small.

The Market Manuscript includes forecasts for Toronto new condominium sales activity in 2015 as well, with the folks that cover the highrise market expecting another solid year. I posed a question to the top analysts that relates to the Toronto condo market, asking what they thought would happen with foreign investors if housing values began to decline domestically. None of the respondents felt that foreign owners treat their international real estate as a commodity and will sell when the prices are down, while the majority felt that foreign owners are long-term hold-and-rent investors and are not influenced by short-term price fluctuations.

STAT CHAT

Ben Myers is senior vice-president of Market Research

and Analytics at Fortress Real Developments. Ben assists in

evaluating the market and projects that Fortress engages in.

Follow his blog posts and commentary on the Canadian

housing market at fortressrealdevelopments.com/news or follow him on twitter at

@BenMyers29

Chances of housing market correction in Canada less than 5%

I was pleasantly surprised that many of the responses given by the analysts aligned with my own, and I hope they give readers of this article more confidence in making that first condominium purchase. I suggest reading as many expert opinions on the housing market as you can if you’re still on the fence about purchasing (may I shamefully plug my Market Manuscript as a great place to start). Happy condo hunting.

028 Ben Myers-Stat Chat-Chances of housing market correction_MC_L.indd 18 3/10/15 11:04 AM

MOVE IN THIS SPRING.SKY PENTHOUSE SUITES.SKY PENTHOUSE SUITES.SKY PENTHOUSE SUITES.SKY PENTHOUSE SUITES.

The dimensions shown on this plan are approximate only. See sales representative for details. Prices and specifications are subject to change. E.&O.E. February 2015.

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

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By Barbara Lawlor

CONDO PRO

Barbara Lawlor is president and CEO of Baker Real Estate Inc.,

and an in-demand columnist and speaker. A member of the Baker

team since 1993, Barbara oversees the marketing and sale of condominium developments

in the GTA and overseas.

Condo living is “right” for just about everyone

Recently, I was looking at the Canada Mortgage and Housing Corp. website, where users can download the “Condominium Buyer’s Guide,” which contains a section called, “Is condominium ownership right for

me?” It occurred to me that nowadays, condominium living is “right” for just about everyone. The surge in condo sales across the Greater Toronto Area over the past decade, and the widening demographic of buyers are evidence of the popularity of this lifestyle. People of all ages are seeking homes that offer ease of living to help them find some sort of life balance with their frantic work and school schedules. Simply put, in a condominium, residents have more time for leisure activities, because maintenance on the exterior and common areas is all taken care of.

Of course, price is a factor, now that the average price of a lowrise home in the GTA has exceeded $700,000. Entering the market is financially challenging for first-time buyers, and for many of them, a compact condo suite is an affordable “starter” home. Growing families have the expenses that come along with raising children, so an attainable price point is appealing. Raising children in urban areas is a familiar concept with people who immigrate here from Europe, the Orient and other countries. Toronto, and in fact the entire GTA, have good school systems, and every municipality is dotted with natural areas such as lush parks. Even in the heart of Toronto, you can walk your dog and take the kids to the park to play.

Empty-nesters and seniors are finding it challenging to live on their pensions and/or savings, so economically, a condominium makes sense for them as well. Most condominium suites are single-level designs, which is great as our joints become a bit stiffer with age and mobility issues arise. Going to the pool for a swim, heading to the fitness centre for an aerobics class, or meeting friends for a game of bridge in the lounge can be just an elevator ride away. Hosting family events such as birthday parties, baby or wedding showers and the like is a breeze when there’s a party room right in the building.

Busy professionals appreciate condominiums’ locations close to transportation nodes, and all buyers like being able to access amenities under their roof. Single women and families feel safer in a condo, where they have security measures in place and a concierge at the main entrance providing eyes on the street.

Roommates are pooling their resources and buying condos to start earning equity. I know of parents who are buying condo suites for their grown children to live in while attending university, then selling them after a few years. Some buyers select a two-bedroom suite and rent out the second bedroom, and there are also those who buy strictly as an investment. With the population of the GTA growing by leaps and bounds, condominiums will be in demand for years to come.

In anticipation of and in response to these evolving demographic needs, our superb developers have been expanding on the wonderful amenities included in condominium residences. In essence, these buildings are vertical communities where people get to know each other by meeting in the hallways, elevators and amenity spaces. From welcoming lobbies that become your second living room, to glorious terraces with barbecues, lounge seating and any number of other fabulous features, today’s condos are every bit a “home” as detached houses.

You never really know where life will take you, but whether you are 18, 30, 50 or older, I think there’s a good chance that at some point, you will opt for condo living.

032 Barbara Condo Pro-Is Condo Living Right for You_VB_L.indd 18 3/10/15 11:04 AM

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By Andrew La Fleur

INVESTOR ADVICE

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

Andrew’s expertise is in helping investors make money in the

Toronto Condo Market. Visit TrueCondos.com/

NewCondoGuide for a free gift. Contact Andrew at 416.371.2333

or [email protected]

5 things every investor should know about occupancy fees

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:

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 higherWhat 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 mean 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 delays – and an extended occupancy period.

4. A 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!

034 Andrew la Fleur-5 Things Every Investor Should Know About Occupancy Fees_MC_L.indd 18 3/10/15 11:04 AM

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CONDO SENSE

By Kara Kuryllowicz

The real micro condo experience

Micro-condos are becoming a reality in Canada’s major urban centres and while

some might question the livability of spaces that start at 300 sq. ft., I know you can love living in these tiny homes, because I’ve done it.

I myself lived in a 150-sq.-ft., just-renovated studio in the Latin Quarter in downtown Paris a decade ago, long before “micro condo” was a true term. Tucked into a centuries-old, three-story structure built around a cobblestone courtyard and hidden behind a protective façade that ensured both serenity and safety, my brand-new-to-me studio was minutes by foot from every imaginable amenity as well as several Metro stations.

I could walk virtually everywhere and anywhere, which helped me saunter off the wine, chocolate and croissants but more importantly, it helped me get to know one of the world’s most extraordinary cities at street level. Outdoor markets, bistros, museums, boulangeries, mosques, department stores, gardens, hammams, and the Seine were all footsteps away.

Today’s worldwide reality is that if you want quick, easy access to everything that represents the best of any urban centre, chances are

continued on pg. 40

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you’re going to pay downtown or up-and-coming neighbourhood prices. Unless you’re fabulously wealthy, that also means you’ll happily sacrifice square footage to put convenience, accessibility and a city’s cultural smorgasbord at your toe tips.

My studio on Rue de la Clef may have been tiny, but it was truly perfect. When interior designers and developers are challenged to cram everything into such a small space, their creativity has to coordinate between functional layouts to the selection of multipurpose appliances, furniture and accessories.

Be flexible, be adaptable and you can successfully entertain in your small home. Twenty years my junior, my neighbour Zuzannah from Budapest and I hosted a romantic soiree for four, serving the appetizers at my place, taking two steps across my threshold to her mirror-image unit for the main course and back to mine for dessert.

Solo, I even welcomed six new friends (France, Sweden, the U.S., Yugoslavia, Spain) for a multi-course

My small space forced tidiness and put the kibosh on the random acquisition of unnecessary odds and ends which freed up both time and money

and incredibly cosy, but still memorable dinner without ever leaving my own studio.

If you’re considering one of the new micro-condos coming on-stream in Toronto, know that the city outside your front door may matter more than the square footage that lies behind it.

My small space forced tidiness and put the kibosh on the random acquisition of unnecessary odds and ends which freed up both time and money. As importantly, it ensured I rarely gave in to my hermit tendencies and pushed me out the door and into everything that the City of Light had to offer day to day.

Was there a downside? My heart says “No!” but my head remembers “Yes!”

My splendid studio didn’t feel quite as spacious or the lofty ceiling seem quite as high once I’d deployed precise foot placement to climb the narrow ladder to my double bed. Its original, exposed wooden beams became a little less charming each time I whacked my skull wriggling under the duvet or sat up in a panic after a dead-of-night visit from the hostile spirit resident. Soaping an ankle guaranteed my rear end would pop out of the steamy shower stall into the cool winter air and the novelty of resting my head in the sink while on the commode soon paled.

Would I choose to live small today? Absolutely!Small studios in superb cities like Toronto can deliver

adventure, freedom and inspire a curiosity and sense of adventure that can lead to a brand new world of wonder.

CONDO SENSE continued

038_040 Condo Sense-The real micro condo experience-Kara Kara Kuryllowicz_VB_L.indd 47 3/10/15 2:22 PM

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IN THE NEWS

Canada’s housing affordability takes a hit. Thanks T.O.By Lydia McNutt

Canada housing affordability has taken a hit thanks to Toronto’s rising real estate prices, according to the latest Housing

Trends and Affordability Report issued by RBC Economics Research. While most provinces showed an improvement in affordability, Toronto’s numbers have skewed the country’s average.

For the second straight quarter, the national housing affordability measure edged higher by 0.1 percentage points to 42.7 per cent for bungalows and 0.2 percentage points to 48.1 per cent for two-storey homes, while condos sat steady at 27.4 per cent.

The RBC housing affordability measure captures the amount of pre-tax household income required to own a home at current market value. An affordability measure of 50 per cent means home ownership costs eat up 50 per cent of a typical household’s pre-tax income. The higher the number, the worse the affordability. Here’s how Canada fared from west to east:

British ColumbiaWhile BC saw a small improvement in affordability in Q4, “affordability in the province remains the poorest in the country because of the persistence of extremely unaffordable conditions in segments of the Vancouver market,” says Craig Wright, senior vice-president and chief economist, RBC. Vancouver’s measure fell to 82.4 per cent in the bungalow segment, rose to 39.9 per cent for condos, and stayed unchanged at a whopping 85.6 per cent for two-storey homes.

The PrairiesAlberta saw stability for both two-storey homes (33.9 per cent) and condos (20.4), while the measure for detached bungalows eased to 32.4 per cent. Calgary shifted to a buyer’s market after nearly three years of favourable seller’s

conditions, but that’s not to say buyers are banging down doors, as the housing affordability was overshadowed by the oil slump.

The dip in oil prices has spilled into Saskatchewan, where affordability improved for a fifth consecutive quarter with RBC’s measures down by 0.6 percentage points for both bungalows and two-storey homes, coming in at 33.7 and 38.0 per cent, respectively. The measure for condos rose by 0.6 percentage points to 24.9 per cent.

Meanwhile in Manitoba, a drop in demand and a rise in inventory are creating a softer pricing environment, says Wright. “The province is contending with a substantial increase in supply of homes for sale, the effect of which was exacerbated in Q4 when home resales dropped by five per cent.”

OntarioBucking the national trend, Toronto continued its upward trajectory with affordability down across all housing types: 51.5 per cent for two-storey homes, 45.3 per cent for bungalows and 29.2 per cent for condos. But that isn’t stopping buyers, who continue to compete for single-family homes in Toronto’s hot market.

QuebecQuebec saw great improvement in housing affordability, with the RBC measurement falling by 0.6 percentage points for two-storey homes to 41.3 per cent, and by 0.4 percentage points for both bungalows and condos, to 33.1 per cent and 25.6 per cent, respectively. “Our measures for Montreal during the final months of 2014 were the most improved versus year-ago levels among Canada’s biggest metropolitan markets,” says Wright. “This is largely thanks to weakness in prices, especially during the first half of last year.”

Atlantic CanadaAtlantic Canada remained Canada’s most affordable housing market. The measure for two-storey homes and bungalows eased by 0.5 and 0.1 percentage points, to 34.6 per cent and 30.1 per cent, respectively, while condos edged up slightly by 0.1 percentage points to 25.1 per cent.

044 News-Housing affordability down thanks to TO_VB_L.indd 18 3/10/15 2:22 PM

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There’s a certain amount of common sense when it comes to elevator etiquette. If you live in a highrise, the elevator is the main way in and out of your

home; a confined space in which you briefly encounter your neighbours several times daily. The natural instinct is to be absorbed in your own headspace, preoccupied with where you’re headed, and keeping strangers at a distance. And yet, the other elevator occupants, unfamiliar as they may be, deserve a modicum of courtesy. Unfortunately, most people have forgotten their elevator etiquette.

10 RULES OF ELEVATOR ETIQUETTE:

1. Out first, then in. It only makes sense. Allow passengers to exit before attempting to board the elevator.

2. Take the stairs if you are only going one or two floors, except if the elevator is empty or you have a cart, stroller, large packages or are disabled.

3. Hold the door for others who are running to catch the elevator – especially your neighbours coming from down the hall. A plague on anyone who watches the door slide shut in someone’s face!

4. If you’re sick, wait for an empty elevator. If that is impossible, don’t cough and sneeze for the duration of the ride. And if that is impossible, never put your germ-infested hands on the floor buttons.

5. If you are first on the elevator or closest to the control panel, ask other riders what floor they would like. On the other hand, it’s somewhat rude to call out your floor to the person standing nearest the buttons as if that person is the elevator operator.

6. When other passengers board, move a little to give everyone some personal space.

7. Avoid carrying out interpersonal conversations, be they face-to-face or – particularly – talking on your cellphone. The elevator is not a phone booth.

8. Likewise, if you’re listening to your iPod, turn down the volume so you don’t disturb other riders.

CONDO SENSE

Jane Herman is a communications consultant who

provides communications solutions for a diverse range of clients and has written about

food, fashion, apartment living and personal finance for several

publications.

By Jane Herman

Elevator Etiquette:THE 10 COMMANDMENTS

9. If you’re carrying a backpack, make sure it doesn’t land in someone’s face when you turn around.

10. Never drop litter or deface the walls of the elevator. Vandalism hurts everyone.

Riding in an elevator can bring out the best – or worst – in people. Think of the elevator as an extension of the building’s lobby, and of other riders as your guests. Remember, a little elevator etiquette goes a long way. Now, enjoy the ride!

046 Jane Herman-Elevator Etiquette_L.indd 18 3/10/15 11:04 AM


By Jayson Schwarz

LEGALLY SPEAKING

Jayson Schwarz LL.M. is a Toronto real estate lawyer and

partner in the law firm Schwarz Law LLP. Visit schwarzlaw.ca or email [email protected]

and give us your questions, concerns, critiques

and quandaries.

Not every lawyer is a real estate lawyer

Not all lawyers are created equal. If you needed a heart surgeon, you certainly would not go to see a podiatrist. By the same token, lawyers

generally have expertise in one area greater than another. Do not believe that the granting of a law degree instantly bestows knowledge of all laws on the head of a lawyer.

The first thing you need to do to find a lawyer is the same thing you ought to be doing to find a home – research! Where do you look? Start with media and look in magazines (editor’s note – you already have your issue of New Condo Guide, so you’re off to a good start!), newspapers, listen to radio, watch real estate television. Generally speaking, the lawyers who appear in public, speaking or writing about real estate, are thought to be experts in the area. Go to seminars and listen to the speakers. Generally, if a lawyer is taking the time to participate in a seminar, he/she knows what he/she is talking about and is happy to take on new clients that come out of those seminars.

Next, go online and check out the websites of different real estate lawyers. Look to see whether they give good, informative advice; whether they give you pricing; and whether they make you feel comfortable.

Call the Law Society of Upper Canada, Lawyer Referral Service. This service keeps lists of lawyers and refers requesting members of the public to lawyers who practice in the area requested. This just gets you someone in the area. You really need to check them out when referred.

Speak to friends who have used a lawyer for the type of service you require and ensure they did the job professionally, courteously and for the price quoted.

Who is making the referral? Is the referral coming from a real estate agent, a mortgage broker or a bank? This is not necessarily bad, but you have to be careful. Quite often, lawyers develop relationships with various groups over the years and receive referrals because they do a great job. On the other hand, ensure that your lawyer is independent and will represent your interests even if it puts him/her into an adversarial position with one of those parties. This is quite important, so make sure you are comfortable with this issue before you hire someone.

Now to bring this back to the original idea, what you need to understand is that there are general law

practitioners just like there are family doctors. What this means is that a lawyer may have a wide-ranging practice composed of many areas. The smart lawyer who falls into this category knows that if there is a serious issue that arises outside of their expertise they should bring in a specialist, just like your family doctor would. The bad lawyers try to do it all. The general practitioner can probably handle your real estate deal just fine, but make sure he/she understands any complicated offers and that he/she reviews them carefully, pointing out any problems. Ensure that he/she knows what can be negotiated and what cannot, or you may lose your deal.

Remember, your lawyer is a very important part of the process, so take your time to find the right one.

048 Jayson Schwarz-Not Every Lawyer is a Real Estate Lawyer_MC_L.indd 18 3/10/15 11:05 AM

* The 5% deposit program, free parking and locker, as well as cash incentives ($20,000 cash back on studio and one bedroom suites; $25,000 on one bedroom + den or larger suites) are available on selected suites for a limited time only. Other conditions apply. See Sales Representative for full details. Exclusive listing: City Life Realty Ltd., Brokerage. Brokers Protected. Prices and specifi cations are subject to change without notice. Illustrations are artist’s concepts. E. & O.E.

When you add up the outstanding amenities, the nearby shops and restaurants in Bloor West Village, 399 acres of Toronto’s premier park and fantastic incentives – they equal your dream home in Toronto’s most desirable neighbourhood. Simply do the math and learn why now it’s easier than ever to make HighPark Condominiums your new home!

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

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

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

Suite choices range from studios to two-bedroom plus den layouts from 412 to 910 square feet, each with a personal outdoor space and features and fi nishes such as stainless steel appliances and quartz countertops in the kitchen. Suites begin from $299,900 – great news for fi rst-time buyers who meet the criteria to withdraw

up to $25,000 from their personal RRSP to use toward their downpayment. Many also qualify to receive the

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The Daniels Corporation (danielshomes.ca) is one of Canada’s preeminent builders/developers, building more than 25,000 new homes across the Greater Toronto Area for over 33 years. Daniels was named the Tarion Warranty Corporation’s 2012 Ontario High Rise Builder of the Year and the recipient of the 2012 Toronto Arts and Business Award presented by the Toronto Arts Foundation. Among its many initiatives, Daniels was chosen to partner with Toronto Community Housing to revitalize Regent Park – 69 acres in Toronto’s Downtown East. Committed to community, Daniels offers innovative programs that help people achieve homeownership, champion neighbourhood initiatives that enhance quality of life, and support numerous charities and non-profit organizations.

Everything about HighPark Condominiums adds up to remarkable value. Great incentives + an incredible

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IN THE NEWS

Auto industry surge boosts Ontario economy, housing sector

By Wayne Karl

The slowdown in the oil and gas industry has been well documented, including its potential impact on the economy and housing sector. Offsetting

those challenges, however, is the performance of the auto industry in Ontario – which is coming off a record 2014.

Canadian auto sales climbed a stronger-than-expected six per cent last year to a record high of 1.85 million units, according to the latest Scotiabank Global Auto Report.

The sales surge continued last month, giving the auto industry its best performance in February since 2008.

“We expect sales to edge up 1.86 million units in 2015, buoyed by ongoing job gains, low interest rates, and near-record vehicle affordability,” Carlos Gomes, senior economist and auto industry specialist at Scotiabank, said in the report.

“Canadian exports have accelerated over the past year, advancing by 11 per cent – the best performance since 2011. Shipments will be buoyed in 2015 by the strongest economic growth in the United States in a decade, as well as by the recent sharp depreciation of the Canadian dollar as a result of the slump in global oil prices.”

How does this impact real estate?In Ontario, manufacturing such as the auto industry are key contributors to the economy. And when a sector is healthy, it leads to job growth, which leads to demand for housing – be it rental, at first, as people move to an area to pursue employment, or ownership, once they have settled in and gained employment stability. For example:

» Late last year, Honda Canada announced it was investing $857 million to upgrade three plants north of Toronto to make the next generation Civic. With 10 per cent of the cost coming from the Ontario government, the three-year project includes partnerships with Ontario colleges and universities.

» Earlier this year, General Motors announced a $560-million investment in its Ingersoll, Ont. plant to make the new Chevrolet Equinox.

» In Windsor, Fiat Chrysler Automobile NV’s assembly plant is in the midst of a $2-billion retooling to make the company’s new minivan.

» In late February, Ford Motor Co. announced it is adding 400 new jobs in Oakville, Ont. to assemble the redesigned Ford Edge crossover. This is in addition to the 1,000 positions added there in 2014.

» The economic benefits deepen when you look at the supply sector – companies that supply parts to the auto makers.

» Linamar Corp. announced in January it is investing $400 million – plus $100 million from the Ontario and federal governments – at its plant in Guelph, Ont. to make create new, more environmentally friendly transmissions. The move will create 1,200 new full-time jobs.

» And Toyota Boshoku Canada recently announced it is partnering with the provincial government to expand its Elmira, Ont. manufacturing facility, creating 73 new jobs. Toyota Boshoku supplies parts to Toyota’s Ontario assembly plants in Woodstock and Cambridge. These are among the reasons Scotiabank, the Conference Board of Canada and others are forecasting Ontario to be among the economic growth leaders in Canada this year.

050 News-How auto industry boosts housing sector_VB_L.indd 18 3/10/15 11:05 AM

EAST55CONDOS.COM 416.861.9559 Renderings are an artist’s impression. All prices, sizes and specifications are subject to change without notice. E.&O.E.

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DESIGNER ADVICE

Get friendly with FABRICS

How to mix and match… tastefully

When it comes to fashion, don’t be fearful of combining patterns in a room to make it come to life. The trick is to do it tastefully – without creating a décor disaster.

continued on pg. 54

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Here, I share my tips for combining patterns the right way:

Begin bold Start with one strong pattern – strong could mean thick lines, a particularly busy pattern, or very saturated colours – and build upon it.

Balance of scale The goal is for your patterns to complement one another, not work against one other. Try to have an even mix of busy and subtle.

Soften prints with solids A fabric without a pattern acts as a staple to all schemes. It’s sort of like the bread to a sandwich – things won’t look (or taste) good without it.

One colour, different shades A more simplified way of mixing patterns is to keep it monochromatic. Select patterns of one colour but choose varied shades (for example, light blue mixed with medium and dark blue).

Don’t over-coordinate You want to avoid having your fabrics too “matchy-matchy.” If you’re using the same or similar pattern in more than one area, limit it to two places and have them spread far enough apart.

continued on pg. 56


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Yanic Simard is New Condo Guide’s design editor, principal

designer of award-winning Toronto Interior Design Group

(tidg.ca), and regular guest expert on City’s Cityline. Check

out Yanic’s accessory line, Yanic Simard Selected, by visiting

online at ysselected.com

My favourite patterns:

Gingham This printed or dyed fabric, which dates back to the 17th century, is known for its checked patterns of white and a single bold colour (you’ll often catch me wearing this pattern). The checks can vary in size, and the checks can appear in horizontal rows and vertical columns, or sometimes diagonally.

Pinstripe A classic pattern consisting of very thin stripes running in parallel. It is most recognized in men’s suits and is very striking in home décor.

Chevron A repetitive pattern comprised of sharp ledges that look like the letter “V” (sometimes called herringbone or zigzag). This is on trend right now.

Textile Tips:

1. Choose soft furnishings that will work in any room of your home, so that when you’re ready to change up your décor you can swap pillows, throws, drapery, etc. from room to room.

2. If you’re just starting to re-decorate a room, a textile that you love is a great way to draw inspiration for the entire scheme. Pull the colours, lines, shapes and feel from the pattern on the fabric.

3. When selecting a fabric, keep its application in mind and consider these two important details:» Durability Look at the rub count – if the textile you’re considering is for upholstery and a piece that will be used often, the higher rub count the better. If it’s for

drapery, a lesser rub count is suitable. Also, fabric with a higher thread count means a tighter weave, which is key to having fabric maintain its shape over time.» Clean-ability Fabrics made of natural fi bres will absorb stains much quicker than man-made fabrics, but they will clean up better. Fabrics made with man-made fi bres are typically soil-resistant but don’t clean up as well.


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57


By Gail Vaz-Oxlade

So you’re getting married. Have you been completely honest with your partner about your finances? Now’s the time to ‘fess up. If you

aren’t prepared to talk about your money, about the mistakes that you’ve made, about your successes, about your dreams for the future and your hopes for your life together, then just call it off now!

Still getting married? Okay, now gather up all your financial papers, grab a notebook, pencils, a calculator and some file folders. As you do this, you might as well get your money organized, if you haven’t already done so.

What you have:Get your latest statements (or if you’re planning to do this, save your next statements) for your:» chequing account(s)» savings account(s)» investments (GICs, term deposits, mutual funds,

brokerage account)» pension (corporate and RRSP)» equity in any property (the value of the property

less the mortgage amount)» ownership in a business» any other property you may have an interest in

(like a family cottage)

If you’re just starting out financially, you may only have one or two pieces of paper to work with. Lucky you. If you’ve already established yourself financially, you may have scads of paper.

List the financial institution(s) and your balance(s) for each of the statements you’ve gathered. What you owe:Now it’s time to look at your debt, if you have any. Gather up your most recent statements for your:» credit card(s), including store cards and gas cards» line(s) of credit» loan(s), including car loans and student loans» mortgage» buy-now-pay-later purchases» pay advance loans» taxes (last year’s tax return)

MONEY MATTERS

Coming clean

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

Other financial stuff:Next, make a note of the following:» How much do you earn gross

and net? What benefits do you have where you work? Whose job will take priority (if, for example, you have to move for a career opportunity)?

» Do you own a car (or other vehicle)? How old is it? When will you likely need to replace it?

» If you didn’t do it before because you didn’t owe the tax man any money, find a copy of last year’s tax return now.

» Do you have any insurance (through work, or purchased)? Who’s it with? What’s it for (life, disability, medical, critical illness)? What’s the insurance benefit? Who is the beneficiary? Will you be changing the beneficiary once you marry?

continued on pg. 60

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» Do you have a will and powers of attorney? (Once wed, you’ll have to re-do your will.)

» Get a copy of your credit report to see how you look to lenders. The worse your credit history, the more you’ll pay in interest since you’re a higher credit risk.

» How will you deal with interruptions in income as they come (which they undoubtedly will) if one of you loses a job, you have children, if a family member becomes ill, or you decide to continue our education?

» What other financial responsibilities do you have (like a commitment to support a family member, child support or spousal support, aging parents, needy siblings and the like)?

Now that you’ve each sketched a picture on paper of your financial realities, it’s time to talk.

One of the first questions you’ll want to address is: “Will we pay off debt before we get married?” If yes, then you have to make a plan for your debt repayment.

Decide how long you have till you’re getting married and then divide the amount you owe by the number of months until you tie the knot. It’s not perfect, but it’ll give you a good idea of how much you’ll have to shell out to dig yourself out of the hole before you plunge into wedlock.

If you decide to tackle the debt together once you’re married, how? Will it come from your current joint cash flow? Will one or both of you get a second job to pay down the debt?

Don’t even think about having kids until you’ve paid off all your consumer debt. Since one or both of you will likely want to spend time at home with your “Mini Me,” you’ll have less income to live on. Maternity or paternity leave isn’t a right, it’s a privilege, and one you exercise only if you can afford it. You won’t be able to make ends meet on less income if you’re still repaying stupid debt.

If one of you has a bad credit history, what will be done to fix it so when the time comes to buy a home (or a new car), there are no surprises (and no whopping interest costs)?

If one of you is an on-again-off-again money manager, remember that if you have a joint account, any missteps going through that account will be reported on both your credit histories.

While money is the number-one way to mess up a perfectly good relationship, I have met couples for whom relationship issues lead to money problems. While you’re in questioning mode, why don’t you answer the following 12 questions too?» How are we going to divide up the household chores?» How much time will we spend at work, at home together,

doing our own thing?» What are our expectations about how we will spend

our free time?» Do you believe that we should be doing everything

together?

» What role will religion/spirituality play in our lives together?

» Can we each pursue our own interests?

» Do you need time alone?» What role will our families and

friends play in our lives?» What’s your philosophy on having/

raising children?» How will having a child change the

way we live?» How would you feel if I want a night

out with my friends?» How will we make sure we have

quality time together?

Now that you’ve come clean, you should be ready to move forward together without too many big surprises.

Marriage requires constant attention. Just when you think everything is going smoothly, your significant other will say or do something that takes your breath away. Know, also, that no matter how well paired you seem at first, as time goes by and you each change, you won’t be the person you were when you married and neither will (s)he. Give each other room, and revisit the questions you sense may have different answers. For while it may feel safer ignoring your differences, that’s a fool’s game. So communicate, don’t disintegrate.

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

MONEY MATTERS continued

058_060 Gail Vaz-Oxlade-Coming Clean_MC_L.indd 19 3/10/15 11:05 AM

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IN THE NEWS

Higher fees loom for Ontario new-home buyersBy Wayne Karl

Prospective new-home buyers in Ontario might want to act sooner than later, as proposed changes from the Ministry of

Municipal Affairs and Housing could result in higher Development Charges and other fees for new homes.

The provincial government is proposing reforms to the Planning Act and the Development Charges Act intended to “give residents a greater say in how their communities grow and would provide more opportunities to fund community services like transit and recycling.” According to the Ministry, the proposed Planning Act changes, if passed, would:» Ensure residents are better consulted at

the beginning of the planning process for new developments.

» Encourage residents to provide feedback on the future of their communities.

» Help municipalities resolve potential planning disputes earlier, reducing involvement of the Ontario Municipal Board in local disputes.

» Extend the review of new municipal official plans to 10 years, instead of the current five-year cycle. Changes to the Development Charges Act, if passed, would:

» Help municipalities recover costs for transit services and waste diversion.

» Create clear reporting requirements for capital projects municipalities financed though development charges, as well as section 37 of the Planning Act related to density bonusing and parkland dedication. The Ontario Home Builders’ Association (OHBA), however, has a slightly different view of the proposed changes.

“Municipalities are going to pile on a new transit tax on new-home buyers and businesses,” OHBA CEO Joe Vaccaro told New Condo Guide. “Those new neighbours ultimately pay every new tax generated by government in the price of their new home.

“Municipalities collected almost $2 billion for new neighbours in 2013, and included in that are taxes for transportation, but this will allow them to further increase that tax on new-home buyers. This is a disproportionate placement of taxes on new-home buyers/new neighbours.

“New neighbours deserve to know how their money is being used, and municipalities have a responsibility to them,” says Vaccaro. “OHBA is advocating for fairness, transparency and accountability from municipalities on how these new revenue tools are being utilized, what projects they are moving forward with and time lines for completion.”

OHBA is the voice of the building, land development and professional renovation industry in Ontario, representing 4,000 member companies in 31 local associations across the province. The industry contributes more than $42 billion to Ontario’s economy, employing more than 325,000 people across the province.

062 News-Development charges Ontario_VB_L.indd 18 3/10/15 2:22 PM

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FINANCES

27.5% of CanadiansARE IN CREDIT CARD DEBT DENIAL

Using a credit card to extend purchasing power is common consumer behaviour – but

while carrying a balance may be the “new normal,” a survey finds cardholders are often incorrect about how their own debt compares to the rest of Canadians.

RateSupermarket.ca’s Debt Denial study, which polled 6,090 credit card consumers, finds 27.5 per cent of respondents are wrong in how they perceive their debt, with 22 per cent mistakenly believing they owe less than the national average.

“We found that Canadians want to believe their credit habits are sustainable and responsible,” says Penelope Graham, editor at RateSupermarket.ca. “However, 42 per cent of those who believe their debt is on par with the average are actually carrying more than the norm.”

Interestingly, the survey found the opposite also holds true: 35.4 per cent of those who believe they have too much debt actually have less than their peers.

To find the extent of debt denial in Canada, RateSupermarket.ca polled respondents on their credit card balances as well as their sentiments regarding their debt. The findings were then cross referenced with the average Canadian credit card balance of $2,627* to determine how cardholders' perceptions aligned with reality.

Additional survey findings include:› 63.6% of Canadians think their credit card debt is lower than average› 10.9% believe their debt is higher than average› 25.4% believe their debt aligns with the national average› Of those who mistakenly believe they carry an average amount of debt, 46% owe more than $8,000› 20.67% of total respondents reported a credit card balance higher than $5,000› 39% of total respondents say they are comfortable with the amount of debt they carry

Are Canadians in credit card debt denial?

$2,627*

42%

48.4% carry less than $1,000

26% carry between $1,000 – $5,000

20.67% carry more than $5,000

Plus, 46% of them carry more than $8,000

17% of those who believe they have less debt than average are in credit card denial

By contrast 35.4% of those who believe they have too much debt actually have less

Courtesy of RateSupermarket.ca * Calculated by Canada.CreditCards.com based on data from RBC Economics, Canadian Credit Trends on Oct. 31, 2014 and Statistics Canada.

The average amount of credit card debt in Canada

of those who believe they have the average amount of debt are in credit card denial

We think we’re improving

Compared to the 2012 study*

› Cardholders are 3% more likely to believe they have lower-than-average debt compared to 2012.

› 39% say they are comfortable with their level of debt – an increase of 5%.

› 18.4% of Canadians say they have no credit card debt at all – up 5.3%.

*https://www.ratesupermarket.ca/blog/are-canadians-in-credit-card-debt-denial/

What debt type worries us most?

Credit card: 34.3%

Mortgage: 22.6%

Line of credit: 12.1%

Student loan: 9.7%

Other: 7.2%

*Calculated by Canada.CreditCards.com based on data from RBC Economics, Canadian Credit Trends on

Oct. 31, 2014 and Statistics Canada.

continued on pg. 66

064_066 Finance-Credit card denial_VB_L.indd 46 3/10/15 2:22 PM


About RateSupermarket.caLaunched in 2008, RateSupermarket.ca is a comprehensive rate comparison site off ering visitors transparent access to mortgage rates as well as credit cards, bank accounts, insurance quotes and GIC rates. The fi ndings of the Debt Denial study are based on a survey of 6,090 respondents.

How can you overcome credit card denial? RateSupermarket.ca off ers these tips:

› Face the numbers. It’s scary, but the fi rst step to conquering lingering debt is to know the extent of the damage. Use a credit card debt calculator to see how long your balance will take to pay off and the interest you’ll incur in the meantime. Build a dedicated monthly budget to paying off the total.

› Divide and conquer. Are you carrying a balance on multiple credit cards? Focus on the highest-interest charging cards fi rst – the longer they rack up charges, the more you’ll pay over time.

› Take your card out of commission. Leave your card (and the temptation to use it) at home whenever possible. Switch any recurring bill payments off your credit card and remove any saved card info from your favourite online shopping spots. Out of sight, out of mind.

› Change for the better. Consider swapping your credit card for a lower interest or balance transfer option to help mitigate interest paid each month. Cards with low balance transfer features allow existing balance to be moved from another card, and then charged at a special low rate for a limited time.

BC: 29.66%

Alberta: 28.49%Quebec: 33%

Manitoba: 28.37%

Nova Scotia: 30.8%Ontario: 32.21%

Saskatchewan: 24.26%

New Brunswick: 24.38%

The total percentage of Canadians in credit card denial: 27.5%

Perception versus reality:Which province has the most debt?

(Percentage of those with more than $3,000 in total credit card debt)*

Reality

Perception

Which province thinks they have the most amount of debt?(Percentage of those who believe they carry more than the national average)

Ontario: 27%

Manitoba: 18.6%

Quebec: 16%

Which province thinks they have the least amount of debt?(Percentage of those who believe they carry more than the national average)

New Brunswick: 66.6%

Saskatchewan 61%

Quebec: 59%

It’s scary, but the fi rst step to conquering lingering debt is to know the extent of the damage

FINANCES continued

Courtesy of RateSupermarket.ca

064_066 Finance-Credit card denial_VB_L.indd 47 3/10/15 2:22 PM

Brokers protected. Prices, sizes and specifi cations subject to change without notice. E.&O.E.

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

NOW OPEN

5%On signingIn 180 daysIn 270 daysOn occupancy

1 Bedroom + Den from $369,000

2 Bedrooms from $425,000

PLAZA COMMUNITIES:

MOVE IN NOWKing West - Building Now Registered:65, 75, 85 East Liberty St., TorontoSales Office Located at 125 Western Battery Rd. 647.341.1731

The Tower - Building Now Registered:125 Western Battery Rd., TorontoSales Office Located at 125 Western Battery Rd. 647.341.1731

York Harbour Club35 Bastion Street & 38 Grand Magazine Street, Toronto Sales Office Located at 24 Grand Magazine Street 416.214.4517

Ivory on Adelaide400 Adelaide St. East, TorontoSales Office Located at 125 Western Battery Rd. 647.341.1731

Edge 2-6 Lisgar Street, TorontoSales Office Located at 1151 Queen Street West 416.516.5848

NOW UNDER CONSTRUCTIONEPIC - Occupancy Date January 2015:48 Abell Street, Toronto Sales Office Located at 1151 Queen Street West 416.516.5848

Musée - Occupancy Date July 2016:Pre-construction Pricing 525 Adelaide Street West, TorontoSales Office Located at 50 Wellesley St. East 416.862.0888

NOW OPEN50 at Wellesley Station - Occupancy Date June 2017:50 Wellesley St. East, Toronto Sales Office Located at 50 Wellesley St. East 416.862.0888

1 Yorkville - Occupancy Date January 2018:1 Yorkville Ave., Toronto Sales Office Located at 162 Cumberland St. 416.519.2911

COMING SOONThe Met at Vaughan Metropolitan CentreVaughan across from the NEW TTC Subway Station

170 Spadina at QueenToronto

Theatre DistrictToronto

Presentation Centre Hours: Mon–Thurs: 12pm–6pmFri: ClosedWeekends & Holidays: 11am–5pm

Get your copy now!416.626.4889

Fall issue available.

luxury homes and condos to life

created exclusively to showcase luxury homes and condo developments, Luxury Living is the first premium magazine of its kind.

discerning shoppers will enjoy browsing sophisticated design and editorial, and most importantly, the quality selection of premium,high rise and low rise developments in the GTA.

FALL 2014

TOP DESTINATION:

NEW YORK CITYQ&A WITH WORLD-FAMOUS

DESIGNER KELLY HOPPENTHE LUXURY MARKET’S

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THE GTA’S most COVETED ADDRESSES

Who, what & where – we tell all!

Village Gate, an Angus Glen Community by Kylemore Communities

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newhomeguide.ca

Every once in a while, something comes along that makes you

rethink all your expectations. Welcome to the Art Shoppe* lofts and

condos, the fl agship of Yonge and Eglinton. This changes everything.

Register at ArtShoppeCondos.com*Registered trademark of Art Shoppe Limited. 2131 Yonge Developments GP Limited is an authorized licensee of such trademark.Exclusive listing: Private Service Realty Limited, Brokerage. Brokers protected. Prices and specifi cations are subject to change, E. and O.E.

Register NowLofts + Condos on Yonge at Eglinton from the $200s

Be part of the transformation

the art of living

ARTS 38352 Condo Guide.indd 1 15-02-10 10:40 AM


CERAMICIST ISABELLE HUOT THROWING A BOWL ON THE POTTERY WHEEL / PORCELAIN EGG CUPS $20 EACH BY ISABELLE HUOT CERAMICIST, NEW, MONTREAL, QC, BOOTH P29

PRODUCTS FROM LEFT TO RIGHT: MUSHROOM PILLOW $20 BY TIFFANY KERR OF TWILL & PRINT, NEW, MONTREAL QC, BOOTH P27 / WOODEN BOW TIES $60 TO $70 BY SAM AND MAHRAN MANSOURI OF BO BY MANSOURI, NEW, BURNABY, BC, BOOTH J49 / MINGLED BAGS IN TAN AND NUDE $180 EACH BY RICKY SHI OF UPPDOO, NEW, TORONTO, ON, BOOTH N49

S15_OOAK_Full_Page_HomeNov15_FA.indd 1 2015-03-10 12:13 PM

THE VISIONA fast-forward residential

community where everything – nature, dog walks, early morningswims, late night socials and that

off-to-work latte has its place.

THE FEEDBACKKudos...Awards...Sales... Appreciation! Everything

Concert Properties received for bringing our unique

vision to life!

Rendering is artist’s concept. Prices, availability, design and specifications subject to change without notice. E.&O.E. February 2015

The KIPHAS STRUCK

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THE QUEENSWAY

KIPKIPDISTRICT

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

Proud Recipients of 3 Gold Awards at the NAHBs! GOLD – Our fast-forward design for a Master Planned Community.GOLD – Our ultra-cool Presentation Centre.GOLD – Our audaciously arty Marketing Brochure.

Visit our award-winning Presentation Centre today!5143 Dundas St. W.TheKipDistrict.com


BLUE DIAMOND AT IMPERIAL PLAZA By Camrost FelcorpBrilliant living and forever views at the aptly named new condo coming soon to Avenueand St. Clair. Register now.Web: BlueDiamondCondos.ca/cg

CITYLIGHTS ON BROADWAYBy Pemberton GroupNew condos at Yonge and Eglinton arecoming soon. Register now.Web: CityLightsCondos.ca

TEAHOUSEBy Lanterra DevelopmentsLaunching Phase 2 in March. East meets West in this new Asian-inspired condominium located at 501 Yonge St. Register now.Web: TeaHouseCondos.com

MINTO YORKVILLE PARKBy Minto A highly anticipated condominium is comingsoon to Toronto’s high-end Yorkville neighbourhood. Register now.Web: MintoYorkvillePark.com

previews & registrations


new releases & grand openings

ELEVEN SUPERIORBy Davies Smith DevelopmentsModel suite grand opening on Sat., Mar. 28 and Sun., Mar. 29, from 11 a.m. to 5 p.m. in teh popular Mimico-By-The_Lake community.Web: ElevenSuperior.com

AVANI 2By TridelThis newest addition to the Metrogate landscape in now open at Kennedy andHwy. 401. Visit the presentation centre today. Web: Tridel.com

THE SOUTHWOOD By StreetcarNow open in the Upper Beach, The Southwood is the place to be for the modern family. Visit the presentation centre at 663 Kingston Rd.Web: TheSouthwood.com

GIBSON SQUAREBy MenkesNew release of podium suites in North York City Centre, at Yonge and Park Home.Web: Menkes.com

RIVA DEL LAGO By Monarch Riva del Lago is now open on the Etobicoke Humber Bay waterfront. Register now.Web: MonarchGroup.net

PACEBy Great GulfThe final release of suites at Pace is now underway. Get all the details on this intensely urban and decidedly modern project. Web: PaceCondos.com

RIVERCITY 3By Urban CapitalPresentation centre and model suite now open at Urban Capital’s new condominium coming to the revised West Don Lands.Web: RiverCityToronto.com

BEACONBy Sorbara GroupSleek 35-storey tower coming to the North York skyline. Presentation gallery now open.Web: BeaconCondos.ca

RESIDENCES OF 488 UNIVERSITY AVENUE By Amexon Development Corp. Presentation gallery is now open, showcasing this elegant 55-storey glass and steel tower on University Avenue. Web: 488University.com

50 AT WELLESLEY STATION By PlazaNow open at Yonge-Wellesley, this condo ushers in a new way of city living.Web: PurePlaza.com

CONDO WATCH

THE BARTHOLOMEWBy The Daniels Corp.Condominiums and traditional towns coming soon to Downtown East. Register today.Web: DanielsBartholomew.com

ON THE DANFORTHBy Diam DevelopmentsRegister now to love, lounge and live onthe Danforth, steps to restaurants, shops,bars and the subway.Web: OnTheDanforthCondo.com

ART SHOPPE CONDOS + LOFTSBy Freed & CD Capital DevelopmentsExperience the art of living at Yonge and Eglinton. Register now.Web: ArtShoppeCondos.com

EAST FIFTY FIVEBy Lamb Dev. Corp. & Hyde Park HomesSpectacular modern residences comingsoon to the lower east side. Register nowto stay informed. Web: East55condos.ca

MINTO WEST SIDEBy MintoPreview opening coming soon at Minto’snew condominium, coming soon to Bathurst and Front Street. Register now. Web: MintoWestSide.com

DESIGN HAUS By Shiu PongDesign Haus is exceptionally designed and steps to everything Toronto has to offer. Register now.Web: MyDesignHaus.ca

THE RAVINEBy Urban Capital & ALIT DevelopmentsCity and nature come together at The Ravine. Register now.Web: TheRavine.ca

VIVID CONDOMINIUMSBy Pemberton GroupVivid Condominiums at Bloor and Islington is the grand finale of a brilliant master-planned community. Register now.Web: VividCondos.com

5959 YONGE ST CONDOSBy Ghods Builders Inc.New North York condominium residencesare taking luxury and lifestyle to new heights. Now previewing.Web: 5959Yonge.com

TEA GARDEN CONDOMINIUMS By Phantom DevelopmentsIntimate boutique address coming to the prestigious Bayview Village area. Register now.Web: TeaGardenCondos.com

Builders: If you would like toinclude your preview registration,new release or site opening in thisfeature, just email the details [email protected]

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Your complete source for condos, lofts and townhomes in Toronto

GTA EditionMarch 2015

MODEL SUITE OPENING

SATURDAY, MARCH 28TH, 2015 and

SUNDAY, MARCH 29TH, 2015

11AM – 5PM

NEW RELEASE OF SUITESIN THE HEART OF MIMICO-BY-THE-LAKE

MOVE IN

SUMMER 2015

CASH BONUS UP TO $18,000*

Steps from the waterfront and minutesfrom downtown Toronto, Mimico-by-the-Lake offers lake-side living withconvenient transit right at your door step.

Townhomes and Condominium suitesfrom 1 bedroom & 2 bedrooms startingfrom the $300s.

Limited time incentives. Call today!

• 6 month free maintenance plus additional cash incentives

• Upgraded kitchen package

• Parking and Locker included**

ElevenSuperior.com | 416.259.8882

PRESENTATION CENTRE2398 Lake Shore Blvd. WestEtobicoke ON

*Limited time offer. Cash back credit on closing. $18,000 off 2 beds. $15,000 off 1 beds. **Parking not included on selected suites. Prices and specifications subject to change without notice. Images for mood and impression only. See sales rep for details. E & O.E.

HOURSTuesday – Thursday 2pm – 5pmSaturday & Sunday 1pm – 4pm Please call to book your personal appointment


CONDO PROFILE

A NEW ERA FOR MIMICO-BY-THE-LAKEcontinues to shape-up with Eleven Superior

Spring is in the air, and construction is near completion at Eleven Superior in Mimico. With homeowners moving in this summer and only a few suites remaining, now’s the time to get in, while you still can!

“We are excited to bring this pioneering new addition to the community and for the opportunity to be an integral part of the revitalization of Mimico-by-the-Lake,” says Graham Chalmers, co-owner of Davies Smith Developments. Attracting first-time homebuyers and empty nesters from the area, as well as young outdoor recreation enthusiasts from downtown, Eleven Superior is a nine-storey midrise condo offering 132 suites steps from Toronto’s recently completed linear Waterfront Park. Providing purchasers with easy lake-front access and a variety of outdoor activities year-round, the new 1.1-kilometre Waterfront Park is outfitted with boardwalks, cycling and in-line skating trails, rest areas, sand dunes and cobble beaches, welcoming joggers, cyclists and urban explorers along the city’s waterfront edge during the spring and summer months.

During winter, Eleven Superior homeowners can enjoy the brisk fresh air at one of Canada’s best ice-skating parks located at the foot of Kipling Avenue

and Lake Shore Boulevard West. The 250-metre, figure-eight shaped skating rink near Humber College, also known as the Colonel Sam Smith Ice Trail, has not only become a top winter hot spot for Torontonians, but was also rated by Chatelaine

Magazine as one of the best winter destinations in Canada! With four-season recreation opportunities just outside its door, Eleven Superior is a quick car-ride from downtown Toronto and is accessible by streetcar with a TTC stop right in front.

Eleven Superior homeowners also enjoy the convenience of living right on Mimico’s pedestrian-friendly main

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street, lined with retail, supermarkets, sizzling restaurants and coffee houses including Birds & Beans Café by the lake. Rich in culture and history, Lakeshore Arts also sits in the heart of the action, as a key organizer for hosting local artists and cultural events.

“We are happy to see the revitalization of such a prominent corner and are looking forward to Eleven Superior’s contribution to the vibrant street life of Mimico-by-the-Lake,” says David Pritchard, Mimico-by-the-Lake BIA board member and owner of Birds & Beans.

Eleven Superior’s interiors offer engineered laminate flooring and a choice of colour palettes to accommodate individual styles. The kitchens boast warm-

Located on Superior Avenue, just steps from Lake Shore Boulevard West, the Eleven Superior sales

centre is located at 2398 Lake Shore Blvd., West in Etobicoke.

Check out the model suite grand opening on Sat., Mar. 28 and Sun.,

Mar. 29, from 11 a.m. to 5 p.m. For more information,

call 416.259.8882; email [email protected] or

visit ElevenSuperior.com

*Parking included on selected suites.

See sales rep for details. Prices and

specifications subject to change without

notice. E. & O.E.

toned granite countertops and islands with modern wood cabinetry. The bathrooms, foyers and laundry areas are polished with porcelain or ceramic floors. Suites also feature floor-to-ceiling or vast windows providing magnificent views of Lake Ontario.

The contemporary interior design is capped with an indoor rooftop amenity space that includes a fitness centre, social lounge with a private dining area and room for entertainment. All of the indoor amenity space connects to a generous wrap-around terrace equipped with a barbecue that overlooks the city and the water.

Eleven Superior offers a selection of one- and two-bedroom suites and townhomes, with a new release of suites. Prices start from the $300’s. Parking and locker* are included, and for a limited time, Davies Smith Development’s is offering purchasers a cash bonus of up to $18,000; six months of free maintenance; an upgraded kitchen package; plus additional cash incentives.

Eleven Superior’s construction nears completion at the corner of Lake Shore Boulevard West and Superior Avenue

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on the subway

onthedanforth

2

53

9

register today

onthedanforthcondo.com

Get on it! Grab the subway. Stroll the Danforth. Step out to hip restaurants, shops and bars. Stretch out with 9’ ceilings, big balconies with great views. Chill out with two large terraces, fitness room, party

room and private dining room. Even a pet spa and bike storage. Live. Lounge. Love. On the Danforth.

arriving soon$200’sfrom

the midCONDOS

Brokers Protected. Prices and specifications subject to change without notice. E. & O.E.

onthedanforth

Developments


CONDO PROFILE

KINETIC-INSPIRED ARCHITECTURE for On The Danforth Condos to energize Toronto’s east end

When On the Danforth Condos rises at 2359 Danforth Ave. and Oak Park Avenue, at a subway stop in Toronto, the traditional

architectural character of this east-end area will take on new charm. Diam Developments enlisted onespace unlimited inc. to design the 10-storey residence with contemporary vigour, while nodding to the past. Kinetic

elements such as L and U shapes in the brick running through the architecture will make the building appears “in motion” as the eye travels along its exterior.

“On The Danforth Condos is situated next to a classically

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To register, visit OnTheDanforthCondos.com

proportioned older Hydro building, ordered in design with simple detailing,” says Rod Rowbotham, president at onespace unlimited inc. “Rather than mimicking its exterior, we responded to its character by using a complementary brick colour corresponding to the first few floors. We also stepped the design back on the south side to acknowledge the clear brick base and create a dialogue between the two structures. The result will be a condominium that shakes hands architecturally with its neighbours.”

Once On The Danforth Condos reaches the height of the adjacent building, its brick colour will change to a darker tone, and large expanses of glass will add a contemporary flair. “The change in brick colour breaks up the mass of the building,” Rowbotham explains. “The contemporary asymmetrical design shall be created from traditional materials, which again, speaks to On The Danforth’s surroundings. The building rises, gives to a sense of movement, which is appropriate, considering On The Danforth is on the subway line. Just as transit moves people, in this case, the motion in the façade nods to transit inspiring the building’s movement.”

In addition to a residence entrance lobby, the ground level will feature a retail component, which will fit in well with the urban environment on the Danforth. Interiors by EsQape Design carry the concept of movement to the inside with the kinetic treatment of lines and planes energizing the eye. “As soon as residents and guests open the door and step into the lobby, they will feel the excitement of this urban setting,” Rowbotham says.

“We stepped the design back on the south side to acknowledge the clear brick base and create a dialogue between the two structures. The result will be a condominium that shakes hands architecturally with its neighbours.”

“The building’s amenity spaces shall integrate the outdoors with the indoors, which is something today’s condominium owners want. In this case, the top of the building faces south and contains a beautiful amenity space with outdoor terraces facing south and a balcony facing east. I call this providing democracy to view, because even suite owners who live on the north side of the building on a lower floor can come up to this area and look out over the city. Residents can also take their guests from the private dining room out onto a furnished terrace deck for additional entertaining opportunities.” Amenities extend to an exercise room and multi-purpose room with a kitchen.

Earning a Walk Score of 96 out of 100, On The Danforth is the epitome of convenience. It’s a brief stroll to the Woodbine and Main subway stations and Main/Danforth GO station rail stop, and residents can walk to Gledhill Park, Stanley G. Grizzle Park and Stephenson Park.

Destined to become an east-end icon with onespace unlimited’s brilliant design, On The Danforth will offer 135 suites, with prices beginning from the mid-$200,000s. This price point represents tremendous value for this evolving neighbourhood close to the downtown core and steps to the eclectic shops along the Danforth .

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IN THE NEWS

Located on 35 prime acres adjacent to the huge Corktown Common park, Canary District’s east-downtown location is the picture of balanced city

living. Every urban amenity you want and need is minutes away – including quick access to the Gardiner Expressway and Don Valley – from this pedestrian-friendly, tree-lined enclave with the streetcar on the doorstep. Neighbourhood shops, restaurants, a YMCA and the Front Street Promenade add to the dynamic of the area.

In the heart of Canary District, the 654-sq.-ft. junior two-bedroom C1 layout at Canary Park is designed to inspire you, much like the distinctive neighbourhood itself.

From the foyer, you and your guests have convenient access to the coat closet and a full, four-piece bath featuring a soaker tub. The spacious bedroom across the hall can serve double-duty as a den, media room or anything else your lifestyle requires.

The bright, spacious and airy open-concept living/dining room and stylish integrated kitchen o� ers plenty of space for entertaining. The inviting balcony looks out on great views of the city. The light-fi lled master bedroom is a luxurious, modern space with a spacious closet and its own gorgeous bathroom with an oversized shower.

Canary Park Condominium gives residents and their

visitors a stunning fi rst impression from the two-storey lobby lounge, with contemporary chrome details and a timeless inlaid stone fi replace. A walkway from Corktown Common to the brand new Front Street Promenade passes right through.

Canary Park’s entertaining options include a choice of two party rooms, each with kitchenette and dining area in a designer lounge environment. A fl oor-to-ceiling glass wall in the 11th-fl oor party room o� ers spectacular views of the downtown skyline; on the same fl oor with expansive views of the park, an outdoor lounge surrounds a sparkling swimming pool. There’s also a state-of-the-art on-site fi tness facility with all the latest cardio and strength-training equipment, as well as a yoga studio, spa-inspired steam rooms. and his and her change rooms.

Like Canary Park’s suites, Canary District itself emphases personal wellness, with streets designed to make you love to walk. With its next-generation intelligent community network connection, Canary District has also been named one of the world’s most intelligent communities. It’s the best combination around, and it’s all in the heart of Canada’s most dynamic city.

Right now, an extended deposit plan is available on the C1 suite that can help make your ownership dreams reality! Ask for details at the presentation centre at 398 Front St. E., open Monday to Thursday, noon to 6 p.m.; Saturdays, Sundays and holidays from noon to 5 p.m.; closed Fridays. Call 416.603.7576 or visit online atCanaryDistrict.com.

CONVENIENT, INTELLIGENT CANARY PARK

off ers ultimate contemporary urban living

078 News-Dundee Kilmer-Canary Park_MC_L.indd 18 3/10/15 11:05 AM

Brokers Protected. Prices and specifications are subject to change without notice. Illustration is artist concept. E .&O.E.

TEA.TIME.BOUTIQUE CONDO LIVING AT BAYVIEW VILLAGE FROM THE MID 200’S

Welcome to Tea Garden Condominiums, located in the prestigious Bayview Village neighbourhood. An intimate boutique address graced with contemporary architecture and luxurious amenities. An urban oasis just steps to Bayview village, subway and parks!

REGISTER NOW AT TEAGARDENCONDOS.COM

TEAG 38728 Condo Guide Ad_Final.indd 1 2/20/15 9:33 AM

GABRIEL WAS SIX AND A HALF MONTHS OLD WHEN HE developed a fever and fl u-like symptoms. After seeing his pediatrician, Gabriel went to a local hospital to undergo bloodwork which showed that his red blood cells were extremely low, and his white cell count, extremely high – an indication of blood cancer. Fearing leukemia, he was rushed by ambulance to the Hospital for Sick Children (SickKids). That night, April 23, 2012, Gabriel was diagnosed with infantile acute lymphoblastic leukemia.

Gabriel spent the next six months almost entirely at SickKids since his condition required extremely close monitoring.

Acute lymphoblastic leukemia (ALL) is a cancer of the white blood cells characterized by excess lymphoblasts. Malignant, immature white blood cells continuously multiply and are overproduced in the bone marrow. Normal cells like red blood and platelets are under produced which can ultimately result in organ failure and death if not detected early. ALL is the most common blood cancer in childhood with a peak incidence at two to fi ve years of age and another peak in old age. Infant ALL represents about two per cent of all paediatric cancer and is much harder to treat than childhood leukemia.

Doctors told the family that Gabriel’s condition was extremely serious. Upon diagnosis he was already very sick. His healthcare team indicated that survival rates for this type of cancer are documented at less than 50%. Gabriel experienced several long and intensive chemotherapy cycles. The fi rst four cycles included chemotherapy that could only be given in-hospital.

Upon completion, Gabriel was sent home to continue his treatment mostly as an outpatient.

Nearly one hundred days before Gabriel fi nished treatment, the cancer returned. He was readmitted to the hospital and spent eight months undergoing an even more intensive chemotherapy regimen including radiation. In June 2014, Gabriel was fortunate enough to receive a bone marrow transplant from his older sibling. Since returning home in August, Gabriel has been in isolation due to his immune compromised state. Gabriel is making a slow and steady recovery. His kidneys, which suffered signifi cant damage as a result of his life-saving treatment, have begun to heal, with the hopes that he will recover to optimal health.

“This has been a long journey and SickKids has been there every step of the way. The hospital became our home and the staff our extended family. It is a very lonely existence when you hear the words ‘your child is sick’, and SickKids took care of our entire family. The SickKids team enabled us to keep moving forward during a marathon that required a sprint fi nish. Gabriel’s team took a holistic approach to his care. While all were focussed on saving his life, it was never forgotten that Gabriel was still a child who needed normal childhood experiences. SickKids is a place where Gabriel felt safe, where he made many friends and participated in fun programs and activities. SickKids hospital provided us with a community that we will always be part of.” – Asaph, Gabriel’s dad.

MEET OUR HERO

Gabriel

2015 Builders Helping to Heal-Meet Gabriel.indd 1 3/10/15 5:51 PM

BUILDERS HELPING TO HEALYellow Pages NextHome, the publisher of New Home Guide, New Home & Condo Guide and New Condo Guide, is teaming up with builders and their suppliers to help raise money for SickKids. The following companies have contributed generously to help give Ontario’s children the world-class care they deserve. These pages honour these special people, and we thank them for their generous support.

Builders Helping to Heal and Friends of the Industry are Yellow Pages NextHome initiatives stemming from SickKids

Leaders, a program at SickKids which draws on the support of more than 150 volunteers over 30 industry sectors. www.sickkidsleaders.com

Again, we thank our generous sponsors and appreciate their ongoing commitment. These companies not only build housing, but they support the families in the communities in which they build.

Readers looking to support SickKids can go to www.sickkidsleaders.com

PLATINUM SPONSORS GOLD SPONSORS

SILVER SPONSORS

WHY SICKKIDS? In Canada, approximately 1,400 children are diagnosed with cancer each year and leukemia is the most common form. Last year, SickKids provided care to approximately 100 children with leukemia. In 2011, Dr. David Malkin and his SickKids team developed a new approach for early cancer detection in patients at high risk for the disease. This “Toronto protocol” has so far led to a 100% survival rate among the patients and is now being used by doctors around the world.

1

2

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2015 Builders Helping to Heal-Meet Gabriel.indd 2 3/10/15 5:51 PM


SWEETEST SUITES

MODEL SUITE SHOWCASES INNOVATIVE THINKING AND LUXURIOUS DESIGN at 5959 Yonge St Condos

One of Toronto’s hottest condo properties, 5959 Yonge St Condos, renowned for its innovative amenities, has just unveiled an equally impressive,

design-forward model suite. Continuing with their outside-the-box thinking in creating a building that boasts the first multi-functional LED sports court and other unique amenities, Ghods Builders chose DesignTheory to complete their vision for the suite.

“Timeless, classic and design-forward.” These are words DesignTheory directors Leanne Tammaro and Adolphina Karachok proudly use to describe the design of the model suite.

“We designed the space to be contemporary and modern with a

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Prices start at just $288,900 representing outstanding value for

a luxuriously designed suite in a state-of-the-art building, boasting

a multitude of unique amenities and a great location on Yonge, just north

of Finch. For more information, visit 5959yonge.com or

call 416.222.5959.

timeless, classic feeling by mixing a lot of materials and styles to create an upscale, custom look,” says Leanne.

Many upscale finishes and amenities come standard with the suite, including quartz kitchen countertops, six-piece integrated European-style appliances, stacked washer and dryer, and roller blind window coverings throughout the unit.

“Quartz countertops as a standard in the kitchen are a great feature because they are so durable and add such a luxurious finish. The counters can also be upgraded to granite,” says Leanne. “The laminate wood cabinetry is available in a number of standard finishes from wood grain to paint grade, which, with the upgrades, can transition into high-gloss flat-front cabinetry.”

The living/dining space can be used for large parties or more intimate settings can be created. Classic elements such as the tufted sofa combined with fashion-forward accessories like the citrus cushions add a pop of colour. “The furniture incorporates mixed metals in golds and silvers, which is a really hot and on-point look right now,” says Leanne.

The master bedroom is a symphony of calming neutrals and rich metallics – in the shimmer of the champagne-coloured draperies, the silver mirror and the gold-toned bench. “We wanted this space to be more upscale and luxurious, as you can see by the applied moldings on the walls and the use of luxe furniture pieces like the tufted headboard and the mirrored night tables,

which feel very glamorous,” says Adolphina. “It feels like a luxurious hotel experience.”

The spa-like feeling is echoed in the master ensuite. “We designed a very modern style vanity and carried the walnut wood finish from the kitchen and den by wrapping the vanity in a two-inch thick border of walnut, with high-gloss white centre panels,” says Leanne. Homeowners can also choose to upgrade to Kohler vessel sinks as well as polished mosaic tiles in the shower area.

“We really tried to focus on thinking outside of the box and finding new ways to use classic materials,” notes Leanne.

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FINANCES

Out of sight, out of mind?MORE THAN HALF OF CANADIANS HAVE NEVER CHECKED THEIR CREDIT SCORE

Many Canadians are unaware how their financial behaviour may be affecting

their overall credit standing and the impact that can have on getting approved for a mortgage or a lease to rent an apartment. This, according to a new BMO Bank of Montreal report.Conducted by Pollara, the survey was designed to reveal the overall knowledge among Canadians on credit and how it is rated in Canada. Findings include:» More than half of Canadians

(56 per cent) say they have never checked their credit score and only 14 per cent check at least once a year

» Almost one-third (31 per cent) lack knowledge about how to achieve a good credit rating

» One-fifth believe that checking their credit score can decrease their score

» While Millennials (18 to 34 year olds) are more aware of their credit standing, with 20 per cent checking at least once a year, more than one-third (35 per cent) say they lack knowledge about how to attain a good credit score

The study also revealed that more than half (52 per cent) of Canadians do not know what would be considered a good credit score, with one-fifth (21 per cent) believing it to be below 600.

“A good credit score is generally considered in the range of 680 to 720,” says Tony Tintinalli, regional

vice-president, BMO Bank of Montreal. “A poor credit rating results in significant financial limitations – everything from being approved for a loan to renting an apartment. A financial adviser can help advise you on the factors and behaviours that can build or maintain a good credit score.”

BMO offers the following tips to help Canadians improve or maintain their credit score:Pay bills on time. One of the best ways to improve your credit score is to pay your bills within the grace period. If you have past-due bills now, get current as soon as you can. If possible, set up an automatic bill payment schedule to help you stay on track. In the event you miss a payment, a call to your credit card or mortgage company to work out a plan can help save you unnecessary dings on your credit score.

Manage your credit cards; don’t cancel them. A popular myth is that closing old accounts will increase your credit score; this is not necessarily true. Credit bureaus look at a combination of factors, including the total length of your credit history, which means it may be better to keep your credit cards but manage them responsibly.

Check your credit report. A credit report is a record of how you’ve paid your debt. It shows how much debt you have and whether you’ve made payments on time. You can order your own credit reports free from the three major credit reporting bureaus (Equifax, Experian and TransUnion) annually and check to see if there are any errors or problems.

084 Finance-BMO credit score_MC_L.indd 46 3/10/15 11:05 AM

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#ARAGONFORWARD Aragon Properties Ltd.

Enigma on the Park is now over 50% sold. Construction has started, and the Presentation Centre will be moving to Bloor Street by Spring 2015. Enigma represents more than a subtle shift in urban planning and architectural design practices. It’s a revolution that begins with these 86 parkside loft style condos and townhomes located in the

heart of the connected Bloordale neighbourhood. With direct access to the Go Train, expressway and metro lines, the opportunity to be a part of the best in urban design won’t last long—homes range from studio suites at $233,900 to penthouses starting at $361,900. Register today at aragon.ca/enigmalofts. Call or visit: 138 St. Helen’s Ave, 416.516.1551.

ENIGMA ON THE PARK

Bloor St W

College St

Dundas St W

St. Helens AveLansdow

ne Ave

Dufferin St

N

PresentationCentre

YOU DON’T LIVE IN A BOX. THAT’S WHY WE’RE THINKING OUTSIDE OF IT.

DESIGNFORWARDARAGON.CA

MOVEFORWARDARAGON.CA

THINKFORWARDARAGON.CA

LIVEFORWARDARAGON.CA

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OVER50% SOLD


Feel the conne ion at Bloor & Islington

urban towns priced right $200’s*from the mid

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Your Connexion starts here. Steps from Islington subway and

walking distance to the GO train. Near trendy shops, restaurants,

bars, schools, Islington Village and The Kingsway. Contemporary

spacious and light-fi lled townhome designs are so today - so you!

Life can be great when you make the right Connexion.

*Prices and specifi cations subject to change without notice. Renderings are artist’s concept. E & O.E. 87

LOOKINGFOR A

NEW HOME?It’s only a tap away.

NewHomeAndCondoGuide.caGET STARTED NOW ATDOWNLOAD THE APP

Find the perfectnew home or condo in the neighbourhood that fi ts your lifestyle.

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one BeDRooM + Den

$299900

TWo BeDRooM + Den

$499900

Perspective Condominiums290 Scarlett Rd.Etobicoke, ON

t : 416 242 3500f : 416 242 7924e : [email protected] : perspective4free.com

LAWRENCE AVE. W.

EGLINTON AVE. W.

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Offer Ends April 30th.Visit our sales centre today for more details!

Mon - Thurs : 1pm - 7pmFri : ClosedSat - Sun : 12pm - 5pm I n 2 I T I o n

ZERO MORTGAGE.ZERO CONDO FEES.ZERO TAXES.100% AMAZING LIFE.

For one year only. Based on one year estimate of total monthly condo fees, total monthly property tax and total monthly mortgage interest at 2.6% of an 80% mortgage. Live Free promotion commences upon occupancy. Purchaser responsible for hydro, closing costs, moving costs, other related purchase costs and personal monthly expenses. Exclusive listing Brokerage: In2ition Realty. Brokers Protected. Prices and specifications subject to change without notice. E. & O.E. This offer is not to be combined with any other offers. For qualified purchasers only. Limited time offer until April 30, 2015, that may be withdrawn at any time without notice. Please see a sales representative for details.

LIVE FREE.LIVE BEAUTIFULLY.

PERS 7953 CondoGuideAd-7.5x10.5-F.indd 1 2015-03-10 4:25 PM

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

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

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

2 GREAT GULF Yonge+Richmond 416-499-8883 • from $330,000 25 16K6 CRESFORD DEVELOPMENT CORP. Merton Yonge Condominiums 416-484-1900 • from $450,000 120 14E7 THE DANIELS CORPORATION High Park Condominiums 416-351-1844 • from $300,000 Insert 8L11 MENKES DEVELOPMENTS INC. Pears on the Avenue 416-323-0100 • from $420,000 Insert 14I11 MENKES DEVELOPMENTS INC. 365 Church 416-591-7700 • from $242,000 Insert 14I12 STREETCAR DEVELOPMENT The Southwood 416-750-7506 • from $300,000 39 23D17 ROCKPORT GROUP The Nest 416-223-0003 • from $250,000 61 11H18 MONARCH CORPORATION Riva del Lago 416-495-3544 • from $300,000 Insert 24C18 URBAN CAPITAL RC3 416-862-0505 • • from $220,000 41 18L20 MENKES DEVELOPMENTS INC. Fabrik 416-591-7700 • from $350,000 Insert 14M22 MONARCH CORPORATION Picasso on Richmond 416-495-3549 • from $400,000 Insert 14M23 TRIBUTE COMMUNITIES The College 416-363-4800 • from $320,000 47 M1426 BAZIS INC. No1 Yorkville 416-519-2911 • from $408,000 3 15I27 THE DANIELS CORPORATION One Park Place South Tower 416-955-0559 • from $250,000 29 18K35 MENKES DEVELOPMENTS INC. 87 Peter 416-591-7700 • from $282,000 Insert 15M 35 MENKES DEVELOPMENTS INC. The Eglinton Yonge at Heart menkes.com • Insert 15D 48 MADISON HOMES Zigg St.Clair West 416-545-0223 • • from $320,000 55 14J48 FIELDGATE HOMES Zigg St.Clair West 416-545-0223 • • from $320,000 55 14J50 CRESFORD DEVELOPMENT CORP. VOX 416-485-3000 • 120 15J52 CRESFORD DEVELOPMENT CORP. CASA 2 416-486-2272 • from $350,000 IBC 15L52 CRESFORD DEVELOPMENT CORP. CASA III 416-486-2272 • from $390,000 120 15L58 GREAT GULF Monde 416-466-8885 • from $320,000 25 17M61 MINTO COMMUNITIES INC. West Side mintowestside.com • • from $220,000 23 13M65 ARAGON PROPERTIES Enigma on the Park 416-516-1551 • from $234,000 85 9L67 PEMBERTON GROUP Citylights on Broadway 905-326-4100 • from $200,000 8 14D68 LAMB DEVELOPMENT CORP. East Fiftyfive 416-368-5262 • from $260,000 51 17L73 DIAM DEVELOPMENTS On The Danforth onthedanforthcondo.com • from $250,000 75 23G74 DANIELS CORP. The Bartholomew Downtown East 416-955-0559 • from $220,000 15 18K75 CANALFA GROUP Liberty Central by the Lake Two 416-537-0047 • • from $250,000 65 12N79 FREED Art Shoppe Condos artshoppecondos.com • from $200,000 69 14D99 GREAT GULF One Bloor Residences 416-922-0081 • from $640,000 25 15I131 LANTERRA DEVELOPMENTS Riverhouse at the Old Mill 416-766-7343 • from $518,000 19 5L140 EDEN SHAW Chaz Yorkville Condos 416-922-0045 • from $400,000 27 16J140 45 CHARLES LTD. Chaz Yorkville Condos 416-922-0045 • from $400,000 27 16J149 CAMROST - FELCORP Blue Diamond at Imperial Plaza bluediamondcondos.ca/cg • from $300,000 1 15I150 ASPEN RIDGE HOMES Studio on Richmond 647-352-7736 • from $300,000 45 15M162 PIANOSI DEVELOPMENTS Perspective Condos 416-242-3500 from $300,000 89 4H190 CRESFORD DEVELOPMENT CORP. 1000 Bay 416-485-3000 • from $350,000 120 15J192 MINTOURBAN COMMUNITIES INC. 30 Roe 416-915-3812 • from $397,000 43 14E202 BAZIS INC. E Condos 416-243-8688 • from $360,000 5 14D202 RIO CAN E Condos 416-243-8688 • from $360,000 5 14D202 METROPIA E Condos 416-243-8688 • from $360,000 5 14D222 LAMB DEVELOPMENT CORP. The Harlowe 416-363-1771 • from $276,000 53 15M2 CONCORD ADEX FWD at Concord CityPlace 416-813-0999 • • 13F3 CONCORD ADEX Quartz at Concord CityPlace 416-813-2999 • • 15M3 CONCORD ADEX Spectra at Concord CityPlace 416-813-0999 • • 15N3 CONCORD ADEX Grand Parade 2 at Concord CityPlace 416-813-0999 • 15M3 CONCORD ADEX Parade TWO Park Collection at Concord CityPlace 416-813-0999 • from $308,000 15M4 GAIRLOCH INVESTMENTS 383 Sorauren 383sorauren.com from $265,000 9M4 CENTRESTONE URBAN DEVELOPMENTS INC. 383 Sorauren 416-588-0383 from $265,000 9L5 ONNI GROUP OF COMPANIES Garrison at the Yards 416-260-2600 • from $190,000 14N5 ONNI GROUP OF COMPANIES West Lake 416-260-2600 • from $240,000 14N5 CONCORD ADEX Newton at Concord CityPlace 416-813-0999 • 12F6 CRESFORD DEVELOPMENT CORP. NXT2/Phase Two 416-977-5300 • • from $210,000 5F6 CRESFORD DEVELOPMENT CORP. NXT at Windermere By the Lake 416-977-5300 • • from $350,000 5F7 THE DANIELS CORPORATION The Parkside Collection 416-351-1844 • from $700,000 8L8 CRESFORD DEVELOPMENT CORP. NXT 2 416-977-5300 • • from $300,000 8N9 ASPEN RIDGE HOMES VU 416-970-9500 • • from $370,000 16L9 CITYZEN Riverside in Pine Grove 416-746-1234 3F10 EMPIRE COMMUNITIES The HUB 416-784-3482 • from $250,000 9F11 TRIDEL CORPORATION Sherwood at Huntington 416-485-1900 • from $1000,000 18G12 NORTH DRIVE INVESTMENT The High Park 416-670-3699 • from $300,000 8L13 STREETCAR DEVELOPMENT Trinity Lofts 416-690-2988 • from $330,000 19L14 CANALFA GROUP Liberty Place 416-537-0047 • • from $170,000 12N15 TRIDEL CORPORATION 101 Erskine 416-480-0700 • from $286,000 14D16 FREED 155 REDPATH 416-996-5428 • from $210,000 14D18 URBAN CAPITAL River City 416-862-0505 • • from $250,000 18L18 URBAN CAPITAL River City 2 416-862-0505 • • from $500,000 18L19 KINGSTONE ROAD DEVELOPMENT The Glen 416-694-3333 • from $255,000 23H21 GREENLAND GROUP King Blue Condos 416-599-1355 • from $215,000 12N

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Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information. 91

22 TRIDEL CORPORATION Ten York 416-596-9888 • from $1020,000 12F24 GREENPARK HOMES Axiom Condominiums 647-352-4077 • from $225,000 17L25 TRIDEL CORPORATION Spadina Queen 416-661-1949 • from $350,000 15D26 BAZIS INC. One Yorkville 416-519-2911 • from $475,000 15I28 EMPIRE COMMUNITIES Water Tower at Eau Du Soleil 416-503-3328 • from $350,000 25B28 EMPIRE COMMUNITIES Eau Du Soleil Waterfront Condominiums 416-503-3328 • from $350,000 25B29 PINNACLE INTERNATIONAL Success Tower at Pinnacle Centre 416-360-0673 • from $750,000 17M29 PINNACLE INTERNATIONAL 33 Bay Residences at Pinnacle Centre 416-925-3325 • from $375,000 17M31 WORSLEY URBAN PARTNERS Totem Condominium 416-792-1877 • from $320,000 15H32 MADISON HOMES The Madison 416-482-8090 • from $420,000 14E33 LAMB DEVELOPMENT CORP. Riverside Towns 416-368-5262 • from $460,000 19L36 NEUDORFER CORPORATION Fuse Condos 416-534-4444 from $220,000 9K37 CRESFORD DEVELOPMENT CORP. Lofts 399 416-867-3999 • from $590,000 14L38 EASTON’S GROUP Dundas Square Gardens 416-645-8575 • from $200,000 17K39 GREAT GULF Brocton Commons greatgulf.com/brocton • from $370,000 11L40 FERNBROOK HOMES/CITYZEN DEV. Garrison Point garrisonpoint.ca • from $250,000 13N41 LASH GROUP OF COMPANIES The Barrington Condominiums Flats 416-410-4444 • from $350,000 12H42 TRIUMPH DEVELOPMENTS Howard Park 2 416-873-0989 • 9L43 K-CAP LAIRD INC. The Upper House Condos in Leaside 416-425-1800 from $350,000 18D44 TRIDEL CORPORATION Alter 416-645-4599 • from $250,000 16J45 PINNACLE INTERNATIONAL Palatial Collection 416-925-3325 • from $800,000 16M46 CONSERVATORY GROUP Milan 416-928-7409 • from $520,000 15I47 PINNACLE INTERNATIONAL The PJ pinnacleinternational.ca • from $300,000 15L48 MINTO COMMUNITIES INC. Yorkville Park mintoyorkvillepark.com • • from $420,000 14J49 LANTERRA DEVELOPMENTS Teahouse 416-861-1111 • from $200,000 16K51 TRIDEL CORPORATION Aqualina at Bayside 416-514-2710 • from $350,000 18N51 TRIDEL CORPORATION Aquavista at Bayside Toronto 416-514-2710 • from $1000,000 18N53 LANTERRA DEVELOPMENTS 11 Wellesley 416-861-1111 • from $250,000 15J54 TIMES DEVELOPMENTS INC. The 500 Condos + Lofts 416-960-0606 • from $400,000 17I55 MINTOURBAN COMMUNITIES INC. King West 416-367-5464 • from $210,000 14M55 MINTOURBAN COMMUNITIES INC. 775 King West 416-367-5464 • from $330,000 14M56 STREETCAR DEVELOPMENT Riverside Square 416-466-4466 • from $200,000 19L57 LANTERRA DEVELOPMENTS 3018 Yonge In Lawrence Park 416-787-8882 • $390,000 14B59 LINDVEST B Streets 416-532-6636 from $635,000 13J60 CANALFA GROUP Liberty Central by the Lake 416-537-0047 • 11F62 PEMBERTON GROUP The Uptown Residences 416-987-3500 • from $950,000 16J63 FERNBROOK HOMES/CITYZEN DEV. The Selby theselbycondos.com • 16J64 LAMB DEVELOPMENT CORP. The Brant Park 416-368-5262 • from $262,000 14M66 E-PARK DEVELOPMENT Foundry Lofts 416-531-7760 from $399,000 9I66 EMSATEC CANADA INC The Brownstones 5 416-531-7760 • from $350,000 9I66 NEUDORFER CORPORATION Brownstones 416-531-7760 • from $305,000 9I69 SHIU PONG DEVELOPMENT LTD. Design Haus mydesignhaus.ca • from $250,000 14K70 MADISON HOMES The Upper Canada Condominium 416-489-5194 • from $1800,000 14G70 STATE BUILDING GROUP The Upper Canada Condominiums 416-489-5194 • from $1.8,000 14G71 TOWER HILL DEVELOPMENT CORPORATION 2221 Yonge 647-350-2221 • from $320,000 14D72 HARHAY DEVELOPMENTS East Condos & Lofts 416-368-5262 • from $310,000 16M78 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 15M84 TRIDEL CORPORATION Atmosphere 416-217-0300 • from $1200,000 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 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 Gooderham Condos at The Distillery 416-361-1322 • from $390,000 18L101 LAMB DEVELOPMENT CORP. The King East 416-368-5262 • from $435,000 18L102 PLAZA King West 647-341-1731 • from $346,000 13N103 MENKES DEVELOPMENTS INC. Four Seasons Private Residences Toronto 416-775-7500 • from $1900,000 15I103 LIFETIME DEVELOPMENTS Four Seasons Private Residences Toronto 416-775-7500 • from $1900,000 15I104 ASPEN RIDGE HOMES Seventy Seven Charles Yorkville 416-203-7034 • from $2100,000 14J106 CONTEXT DEVELOPMENT INC. Market Wharf 416-861-8181 • from $260,000 17M106 CONTEXT DEVELOPMENT INC. Library District Condominiums 416-861-8181 • from $222,000 17M109 THE BROWNSTONE GROUP OF COMPANIES Brownstones in Davenport Village 416-531-7760 from $245,000 9J109 THE BROWNSTONE GROUP OF COMPANIES Brownstones on the Park 416-531-7760 • from $260,000 9J110 GREAT GULF Charlie 416-927-9772 • from $960,000 14M114 PLAZA Ivory On Adelaide 647-341-1731 • from $279,000 17L117 BAZIS INC. Exhibit 416-967-7778 • 14I117 METROPIA Exhibit 416-967-7778 • 14I117 PLAZA Exhibit 416-967-7778 • 14I118 PEMBERTON GROUP U Condominiums 416-546-6605 • from $750,000 15K118 PEMBERTON GROUP The Urban Townhome Collection 416-546-6605 • from $1899,000 15K120 THE DANIELS CORPORATION One Park West 416-955-0559 • from $406,000 18J120 THE DANIELS CORPORATION One Park Place Condominiums 416-955-0559 • from $200,000 18J122 THE DANIELS CORPORATION Festival Tower 416-203-2020 • from $350,000 M14124 PINNACLE INTERNATIONAL The Pinnacle on Adelaide 416-596-1600 • from $350,000 15M126 GREAT GULF X2 416-927-0080 • from $500,000 16J126 LIFETIME DEVELOPMENTS X2 416-927-0080 • from $303,000 16J128 LIFETIME DEVELOPMENTS Bisha Hotel & Residences 416-637-2211 • from $274,000 16M129 CONCERT PROPERTIES 88 Scott 416-216-8588 • 17M130 TRIANGLE WEST DEVELOPMENT Art Condos 416-535-7775 • from $530,000 12N131 TRIDEL CORPORATION Two Old Mill 416-645-7022 • from $356,000 5L131 TRIDEL CORPORATION Old Mill 416-645-7022 • from $450,000 5L133 TRIBUTE COMMUNITIES RCM I on University 647-351-9247 • from $393,000 14M134 TRIBUTE COMMUNITIES Queen & Portland 416-363-4800 • from $315,000 15I135 GRAYWOOD DEVELOPMENTS 5 St. Joseph 416-928-0555 • • from $250,000 16J135 MOD DEVELOPMENTS INC. 5 St. Joseph 416-928-0555 • • from $250,000 16J137 ALTERRA HOMES/FINER SPACE Post House Condominium 416-964-2777 • from $350,000 16L141 BSAR LTD 12 Degrees 416-408-1200 • from $350,000 15L142 ANDRIN HOMES The Berwick 416-922-9425 from $280,000 14E148 GRAYWOOD/BEAVERHALL DEVELOPMENT The Mercer 416-597-6940 • from $350,000 15M149 CAMROST - FELCORP Imperial Plaza 416-925-2501 • from $986,000 15I149 CAMROST - FELCORP Yorkville Plaza 416-966-3003 • 15I149 CAMROST - FELCORP Yorkville Plaza II 416-966-3003 • 15I151 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 15G155 LIFETIME DEVELOPMENTS The Bond Condominiums 416-546-7525 • • 15G157 CASTLEPOINT/CITYZEN/FERNBROOK L Tower 416-777-2533 • from $410,000 17L165 SORBARA GROUP thirtytwo Camden 416-860-0060 • from $240,000 14L170 STREETCAR DEVELOPMENT 8 Gladstone 416-690-9009 • from $335,000 M12173 MIZRAHI | KHALILI DEVELOPMENTS 133 Hazelton Residence 416-926-9900 • 14I175 SORBARA GROUP 210 Simcoe 416-217-0210 • from $420,000 15M179 GRAYWOOD DEVELOPMENTS Five Condos 416-928-0555 • • from $375,000 15J179 MOD DEVELOPMENTS INC. Five Condos 416-928-0555 • • from $375,000 15J184 RESERVE PROPERTIES Rise 416-546-7399 • • from $290,000 12H184 RESERVE PROPERTIES Model Suite of the Month • 12H185 PEMBERTON GROUP Neon 416-987-7878 • from $470,000 14D 186 STREETCAR DEVELOPMENT The Carlaw 416-690-8588 • from $200,000 19K188 GREENPARK HOMES Allure Condominiums 416-487-7600 • from $350,000 14F189 THE DANIELS CORPORATION Cinema Tower Condominiums 416-203-2020 • from $450,000 14M191 TRI-WIN DEVELOPMENTS INC FAD Condos 416-815-1818 • from $250,000 14M195 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 15M 199 FIELDGATE HOMES 90 Niagara 416-981-0036 from $347,000 14O200 FREED SIXTY Colborne 416-601-0060 • from $300,000 16L200 CARTTERA SIXTY Colborne 416-598-7775 • from $300,000 16L201 SOLOTEX Upper Beach Townes 416-693-7500 • from $390,000 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 9L215 DUNDEE KILMER DEVELOPMENTS Canary District Condominiums 416-603-7576 • from $250,000 18L215 DUNDEE KILMER DEVELOPMENTS Canary Park Condominiums 416-603-7576 • from $250,000 18L217 TORBEL GROUP Wallace Walk 416-531-1818 • from $210,000 9L217 PEMBERTON GROUP TEN93 Queen West 416-546-6355 • from $280,000 12F217 BAYWOOD HOMES TEN93 Queen West 905-326-4100 • from $280,000 12F218 MALIBU INVESTMENTS INC. Smart House 416-292-0219 • from $438,000 15L218 URBAN CAPITAL Smart House 416-292-0219 • from $438,000 15L219 TAS DESIGNBUILD Duke Condos junctionlife.ca 8K220 LAMB DEVELOPMENT CORP. King Charlotte 416-368-5262 • from $416,000 15M221 LAMB DEVELOPMENT CORP. Theatre Park 416-368-5262 • from $537,000 16M223 CONCORD ADEX FWD at Concord CityPlace 416-813-0999 • • 15M

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6 CONCORD ADEX Omega on the park 416-813-2999 • • 30-31 22C12 GHODS BUILDERS INC. 5959 Yonge Street 416-222-5959 • from $289,000 59 18A15 PHANTOM DEVELOPMENTS Tea Garden Condos teagardencondos.com • from $250,000 79 19C17 CHESTNUT HILL DEVELOPMENT Lotus Condominiums 416-222-8338 • from $299,000 26 19C40 MENKES DEVELOPMENTS INC. Gibson Square 416-730-9722 • from $836,000 Insert 17C50 MINTOURBAN COMMUNITIES INC. 88 416-915-3805 • from $330,000 43 18C96 ELAD CANADA The Colours of Emerald City coloursofemeraldcity.com • from $250,000 57 24C121 LIBERTY DEVELOPMENT CORP. World on Yonge 905-771-7010 • from $284,000 37 18A122 LANTERRA DEVELOPMENTS Treviso Condominiums 416-787-8882 • from $203,000 11 12F123 BRANDY LANE HOMES The Station 416-398-9777 • from $230,000 63 12D1 CONCORD ADEX Opus 416-813-2999 • • 22C2 TORBEL GROUP The Avanti Condominiums 416-636-0400 from $390,000 17C3 YYZED PROJECT MANAGEMENT VISTO vistocondos.ca from $220,000 8E3 TIFFANY PARK HOMES Westhaven 416-792-6655 • from $633,000 23G4 TRIDEL CORPORATION Hullmark Centre 416-733-2883 • from $524,000 18D4 TRIDEL CORPORATION Aristo at Avonshire 416-730-0300 • from $383,000 18D5 LINDVEST The Brownstones at Westown lindvest.com from $330,000 4C6 CONCORD ADEX Tango at Concord Park Place 416-813-2999 • • from $236,000 22C6 CONCORD ADEX Discovery at Concord Park Place 416-813-2999 • 22C6 CONCORD ADEX Discovery II at Concord Park Place 416-813-2999 • • from $210,000 22C6 CONCORD ADEX Tango2 at Concord Park Place 416-813-2999 • from $265,000 22C7 FRAM BUILDING GROUP SOUL mysoulcondos.ca from $250,000 25C8 CONSERVATORY GROUP Pearl 2 Condominiums 416-512-1818 • 17C9 SORBARA GROUP Beacon beaconcondos.ca • from $290,000 17C10 BAZIS INC. Emerald Park 416-221-8802 • from $188,000 17C10 METROPIA Emerald Park 416-221-8802 • from $188,000 17C10 PLAZA Emerald Park 416-221-8802 • from $188,000 17C11 CASTLE GROUP Insignia Residences at Bayview Village 416-304-1212 from $350,000 20C14 TORBEL GROUP Diva Condo DivaCondo.com from $225,000 11C21 TRIDEL CORPORATION Argento 416-663-1818 • from $562,000 22E25 CONTEXT DEVELOPMENT INC. The Yorkdale Condominiums 416-781-9990 • from $170,000 12E25 METROPIA The Yorkdale Condominiums 416-781-9990 • from $170,000 12E28 TRIDEL CORPORATION Alto at Atria 416-645-8866 • from $288,000 25D33 CASTLE ROYALE DEVELOPMENT The Palm Condominium Residences 416-306-1000 • from $400,000 17B37 NORSTAR GROUP OF COMPANIES Portrait Condominiums 416-282-9600 • from $300,000 13C50 DEVRON DEVELOPMENTS Flo Condominiums 647-799-0356 • from $250,000 18C95 ASPEN RIDGE HOMES Scenic on Eglinton 416-805-1781 • 23G96 ELAD CANADA Emerald City Condominiums 416-492-0001 • from $250,000 24C96 ELAD CANADA Dreamtower At Emerald City 416-492-0001 • from $248,000 24C96 ELAD CANADA Biyu Emerald City biyucondos.com • from $250,000 24C101 KANTIUM DEVELOPMENT Posh Condominiums 905-771-0134 • from $544,000 16A122 LANTERRA DEVELOPMENTS Treviso II 416-787-8882 • from $250,000 12F122 LANTERRA DEVELOPMENTS Treviso III 416-787-8882 • from $250,000 12F124 TRIDEL CORPORATION Trio at Atria 416-645-8866 from $255,000 24C125 FRAM BUILDING GROUP LIV Lofts 416-445-5638 • from $250,000 22F128 THE DANIELS CORPORATION NY Place 416-221-3939 • from $250,000 19C128 THE DANIELS CORPORATION NY2 416-221-3939 from $250,000 19C130 TRIBUTE COMMUNITIES Canterbury 647-352-2130 • • from $700,000 19F132 FRAM BUILDING GROUP/CADILLAC FAIRVIEW Flaire Condos 416-445-8868 • from $320,000 22F

401

427

409

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Queensway

Ro

yal York R

d

Evans AveGardiner Expressway

Lakeshore Blvd W

Park Lawn

Mill Rd

Ran

forth

Dr

Dundas St W

Bloor St W

Rathburn Rd

Scarlett Rd

Martin

Gro

ve Rd

Albion Rd

Hu

mb

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r

Finch Ave W

Rexdale BlvdK

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Isling

ton

Ave

Dixon Rd

Westway

27

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35

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Kingston RD

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Milner Ave

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Bellam

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Sylvan Ave

Brimorton Dr

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Brim

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Pharm

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Ward

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Ken

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Danfo

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Eglinton Ave E

St. Clair Ave Kingston Rd

Birch

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Lawrence Ave E

Mid

land

Ave

Beare R

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Reeso

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Sewells R

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Mead

ow

vale Rd

Passmore Ave

Neilso

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McC

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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

914

28

13 23

60

15

3

61

29 7120

55

Etobicoke

Scarborough






8 TRIDEL CORPORATION Islington Terrace 416-645-8862 • from $250,000 BC 23F16 CONCERT PROPERTIES The KIP District thekipdistrict.com • from $249,000 71 22F18 MONARCH CORPORATION Lago 416-495-3544 • from $200,000 Insert 25C22 MENKES DEVELOPMENTS INC. Humber Mews 416-259-2525 • from $550,000 Insert 20H23 CITYCORE Harmony Village 416-493-0123 • 86 2C24 DAVIES SMITH Eleven Superior 416-259-8882 • from $300,000 Insert 24H28 LIBERTY DEVELOPMENT CORP. Terrace on Danforth 416-987-7575 • from $253,000 37 2G39 MONARCH CORPORATION Waterscapes 416-495-3544 • from $400,000 Insert 26H50 PEMBERTON GROUP Vivid Condos 416-239-8200 • from $250,000 9 23F50 NORTH STAR HOMES Connexion at Islington northstarhomesinc.com • from $250,000 87 23F55 TRIDEL CORPORATION Avani At Metrogate 416-293-5535 • from $240,000 IFC 4C1 INSOHO DEVELOPMENTS Imagine Condos 416-367-7303 from $235,000 4F2 STANTON RENAISSANCE On The Go Mimico 647-692-8417 • from $250,000 23H2 STANTON RENAISSANCE On The Go 647-692-8417 • from $250,000 23H3 DEVRON DEVELOPMENTS The Academy academycondos.com • from $220,000 10D3 LEMINE INVESTMENT GROUP The Academy academycondos.com • from $220,000 10D4 MONARCH CORPORATION Nautilus at Waterview 416-203-6636 • from $400,000 25H5 MONARCH CORPORATION The Epicurean 416-495-3530 • from $250,000 24F6 CONSERVATORY GROUP Altitude 416-321-1659 • from $230,000 25H7 GREAT GULF One Sherway Condominiums 416-695-3535 • from $280,000 20G7 MENKES DEVELOPMENTS INC. One Sherway Condominiums 416-695-3535 • 20G9 WILKINSON DEVELOPMENTS Hunt Club Terrace 416-698-3020 • 2H10 LASH GROUP OF COMPANIES Cloud 9 Condominiums 416-747-0199 • from $230,000 22B10 CARTTERA Cloud 9 Condominiums 416-800-0812 • from $230,000 22B11 CAMROST - FELCORP ilofts at Mystic Pointe 416-251-8888 • from $310,000 25G11 CAMROST - FELCORP California Condos 416-251-8888 • from $242,000 25G12 NATIONAL HOMES Richview 416-746-1234 • from $570,000 23D13 AVERTON HOMES Jasmine Condominiums 416-702-1234 • from $250,000 2C14 INFINITY DEVELOPMENTS Residences at The Hunt Club 416-699-1711 • from $300,000 2G15 ESQUIRE HOMES Three Seven Condos & Lofts esquirehomes.ca • from $210,000 12D17 TIMES GROUP CORP. Key West Condominium keywesttorontocondo.com from $320,000 25H19 ICON HOMES Royal York Urban Towns 416-901-0206 • from $220,000 24H20 HENDERSON DEVELOPMENT LIMITED Centro 416-296-1898 • from $185,000 5D21 MENKES DEVELOPMENTS INC. Dwell City Towns 416-259-2525 • from $390,000 20F25 QUEENSCORP RESIDENCES Watermark 416-354-2221 • from $350,000 23H29 MONARCH CORPORATION Encore 416-495-3544 • 6D33 EMPIRE COMMUNITIES Beyond The Sea Star Tower Condominiums 416-979-1333 • • from $400,000 24H34 EDILCAN DEVELOPMENT CORP. Triumph at Valhalla 416-233-5554 • from $250,000 21F35 TRIDEL CORPORATION Parc Nuvo at Essex 416-231-0999 • from $456,000 22G37 AMEXON DEVELOPMENT CORPORATION South Beach 416-252-3000 from $209,000 25H44 TRIDEL CORPORATION West Village 416-620-1887 • from $290,000 20F46 REMINGTON GROUP Park Towers at IQ 416-253-5838 • from $170,000 23G51 ALTERRA HOMES/FINER SPACE Westwood Condominiums 416-239-9888 • from $250,000 23F55 TRIDEL CORPORATION Avani 2 At Metrogate 416-293-5535 • from $220,000 4C56 PHANTOM DEVELOPMENTS Jade Condominiums 416-762-8818 • from $293,000 25G60 YOUR HOME DEVELOPMENTS Nature’s Path 416-745-6686 • • from $270,000 11E61 VHL DEVELOPMENTS LTD. 2150 Condos 416-750-2150 • 3E61 VHL DEVELOPMENTS LTD. Haven On The Bluffs 416-2611-9555 • from $160,000 3E62 ROYALE GRAND WOODBINE DEVELOPMENTS Lexington 416-638-8444 • from $240,000 21C65 MINTOURBAN COMMUNITIES INC. South Shore 416-913-2136 • from $350,000 22H70 FIRST AVENUE PROPERTIES Qube Condos 647-351-7823 • from $200,000 24G71 LASH GROUP OF COMPANIES Me Condos 416-430-0003 • from $250,000 8D

Lakeshore

Blvd W

Spadina Ave

University A

ve

Avenue Rd

Jarvis St

Dufferin

Spadina Rd

Gerard St E

Cosburn AveO'Conner Ave

Laird Dr Victoria ParkCoxw

ell Ave

Woodbine A

ve

St Clair Ave E

Don Valley

Parkway

Don V

alley

Park

way

Don V

alley

Park

way

Jane St

Keele St

Rogers Rd

Dufferin St

Vaughan RdEglinton Ave W

Eglinton Ave W

Weston Rd

Lakeshore

Blvd WQEWQEW

Landsdowne

Gardiner Expressway5 29

11

12

2110

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Toronto Waterfront


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


Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.94


1 MENKES DEVELOPMENTS INC. Harbour plaza 416-591-7700 • from $350,000 Insert 14F

12 STREETCAR The Southwood 416-750-7506 • from $300,000 39 23D

18 URBAN CAPITAL RC3 416-862-0505 • from $220,000 41 16F

58 GREAT GULF Monde 416-466-8885 • • from $320,000 25 17E

60 CANALFA GROUP Liberty Central by the Lake Two 416-537-0047 • from $250,000 65 11F

2 CONCORD ADEX FWD at Concord CityPlace 416-813-0999 • • 13F

3 CONCORD ADEX Quartz at Concord CityPlace 416-813-0999 • • 12F

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

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

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

4 TRIDEL CORPORATION AquaVista at Bayside Toronto 416-514-2710 • from $1,000,000 16E

5 CRESFORD DEVELOPMENT CORP. NXT at Windermere By The Lake 416-977-5300 • • from $350,000 11F

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

8 CONCORD ADEX Spectra at Concord CityPlace 416-813-0999 • • 14F

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

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

18 URBAN CAPITAL River City 2 416-862-0505 • from $276,000 16F

29 PINNACLE INTERNATIONAL 33 Bay Residences at Pinnacle Centre 416-925-3325 • from $375,000 15F

60 CANALFA GROUP Liberty Central by the Lake 416-537-0047 • 11F

401

409

QEW

Horner Ave

Queensw ay

Royal York Rd

Evans Ave Gardiner Expressw ay

Lakeshore Blvd E

Park Lawn

Mill Rd

Ranforth Dr

Dundas St W

Bloor St W

Rathburn Rd

Scarlett Rd

Martin G

rove Rd

Albion Rd

Hum

berline Dr

Finch Ave W

Rexdale Bv

Kipling Ave

Islington Ave

Dixon Rd

W estw ay

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Brampton

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

Steeles Ave W

Kennedy Rd S

M cM urchy Ave SHwy 7

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


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

Steeles Ave W

Kennedy Rd S

M cM urchy Ave 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 E

Ceremonial Dr

Central Pkw y E

Burnham 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

Lakeshore Rd W

Royal W

indsor Dr

Queen St W

Indian

Rd

Caw thra Rd

Queen 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

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

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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

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27

27

9

910

24

89

90

OakvilleWaterfront

Further North Waterfront

Mississauga Waterfront


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




3 DAVIES SMITH Eleven Superior 416-259-8882 • from $300,000 INSERT 23C

11 MONARCH CORP. Waterscapes 416-495-3544 • from $400,000 INSERT 13B

18 MONARCH CORPORATION Riva Del Lago 416-495-3544 • from $300,000 INSERT 24C

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

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

4 DUNSIRE DEVELOPMENTS Anchors at Lakeview 905-990-1745 • from $420,000 13B

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

25 QUEENSCORP RESIDENCES Watermark 416-354-2221 • from $350,000 19D

28 EMPIRE COMMUNITIES Eau Du Soleil - Waterfront Condominiums 416-503-3328 • from $320,000 25B

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 of

Oshawa


Your complete source for condos, lofts and townhomes in the GTA

GTA EditionMar 14 - 28, 2015

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

097 CG 905 Sec_VB_L.indd 99 3/10/15 2:22 PM

THE CRAFTSMAN CONDOMINIUMBy VandykGrand opening of new sales centre and model suite. Check out these artisan-inspired condo residences, coming to Clarkson Village Web: CraftsmanCondo.com

URBAN TOWNDOMINIUMSBy Rosehaven HomesGrand opening Feb. 28. Be the first to see these sensational homes at Mississauga Rd. and Sandalwood Pkwy. Web: RosehavenUrban.com

PINNACLE GRAND PARK 2 By Pinnacle International Brand new suites are now on sale at Pinnacle Grand Park 2, the newest addition to Mississauga’s skyline. Web: PinnacleGrandPark.ca

LEGACY PARK By Liberty Development Corp.Live in Thornhill’s most connected community at Bathurst and Centre Street. Web: LegacyParkCondos.com

HOT CONDOMINIUM By Great GulfPhase 3 final release of this stylish boutique condominium is now on sale at Winston Churchill and Eglinton. Web: GreatGulf.com

PACE ON MAINBy Geranium HomesLuxury suites are coming soon to Stouffville’s boutique condominium address. Web: GeraniumHomes.com

new releases & grand openings


SENSES CONDOMINIUMS By Empire CommunitiesSenses is the latest release of the second tower at Empire’s successful Rain community at the bustling intersection of Speers Road and Kerr Street in Oakville. Register now. Web: SensesCondos.com

OAKVILLAGE By Minto, Branthaven and EmshihIntroducing Oakvillage, a master-planned townhome community coming to Dundas St. E. and Trafalgar Rd. Register now.Web: Oakvillage.ca

THE SORRENTOBy Armour Heights DevelopmentsRegister now for this four-storey condominium offering European-style living in Richmond Hill.Web: TheSorrento.ca

THE MET CONDOSBy PlazaThe Met takes comfort and luxury to a whole new dimension. Web: TheMetCondos.com

CRYSTAL By Pinnacle International Register now for all the latest information on this master-planned community in Mississauga. Web: PinnacleUptown.ca

THE BERKELEYBy Carriage Gate HomesA hotel-inspired condominium is coming to Caroline Street and Elizabeth Street in Burlington. Web: TheBerkeleyCondo.com

CONDO WATCH

9 5Builders: If you would like toinclude your preview registration,new release or site opening in thisfeature, just email the details [email protected]

096 condo watch 905_L.indd 92 3/10/15 4:55 PM


Your complete source for condos, lofts and townhomes in the GTA

GTA EditionMar 14 - 28, 2015

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

097 CG 905 Sec_VB_L.indd 99 3/10/15 2:22 PM


IN THE NEWS

The Craftsman’s new sales centre sets success trend for

Toronto condominiums

The grand opening of The Craftsman Condominium Residences’ new sales centre and model suite, being developed by Vandyk group of companies,

has been met with overwhelming success. With hundreds of people in attendance, the project is close to 50 per cent sold.

“The response of our guests was extremely positive when they saw what The Craftsman had to offer,” says Linda Mitchell Young, vice-president of sales and marketing at Vandyk group of companies. “Our new sales centre and model suite are now open as we continue to celebrate our grand opening.”

Attendees were able to experience the new “Clarkson” model suite at the grand opening event. The two-bedroom, 1,097-sq.-ft. suite showcases standard features, including nine-ft. ceilings, engineered hardwood floors throughout, quartz kitchen and bathroom countertops, and a spacious 295-sq.-ft. wrap-around balcony, to name a few. The model suite also features classic elegant decor, designed by award-winning firm UNION31.

The success of the event is without a doubt due to the unique nature of this residential development. Inspired by the architectural artistry of the legendary Frank Lloyd Wright, this four-storey collection of just 299 residences is perfectly situated amongst the mature neighbourhood that is Clarkson Village and designed to reflect its surrounding natural environment.

The Craftsman features a stunning three-storey high foyer, extensive landscaping with interior courtyards and a waterfall feature, all set amidst the mature trees of Birchwood Park. The boutique style of the condominium supplies a socially engaged neighbourhood feel within its environment.

Suite layouts at The Craftsman are extremely spacious and have a natural and livable flow, with zero wasted space to maximize efficiency in everyday living. Many kitchens feature islands and custom-crafted flat-panel cabinetry in a combination of warm wood veneers and high-gloss lacquer, and a stacked glass-tile backsplash, supplying a sleek, streamlined and modern appearance.

There is a notable European feel to bathrooms with oversized porcelain floor tiles, acrylic bathtubs with full-height oversized porcelain tile surrounds, frameless glass shower doors and distinctive vanities.

The Craftsman also features a full range of amenities, designed to promote ‘The Art of Living.’ A fitness and yoga studio encourage a healthy and active lifestyle indoors, while the nearby parks and walking trails, such as Rattray Marsh, are ideal options for those who enjoy spending time outdoors. The Craftsman also offers convenient social spots, such as The Clarkson Club and the stunning rooftop terrace, where residents can entertain in style.

Despite the outstanding response to the opening weekend, there is still an attractive selection of units available, with prices starting from the low $300’s.

To learn more about the unique and beautiful Craftsman Condominium Residences, visit the model suite at the new sales centre, located at 1601 Lakeshore Rd. W. in Mississauga. Hours are Monday through Thursday from noon to 6 p.m.; and Friday to Sunday from noon to 5 p.m. For further information, visit craftsmancondo.com.

098 News-Vandyk- Craftsman_MC_L.indd 18 3/10/15 11:05 AM

As construction nears completion on these incredible twin towers, now’s the perfect time to make Crystal at Pinnacle Uptown your new home!

This spring, be among the first to take ownership in this spectacular new 36-acre master-planned community in Uptown Mississauga!

Presentation Centre5044 Hurontario St.(at Eglinton)Mississauga, OntarioMon - Thurs 1 - 7pmFri - Sun + Holidays 12 - 6pm

Suites from the $200sPenthouses from the $600s

905.568.9000PINNACLEUPTOWN.COM

To Toronto

QEW

403

401 410

Eglinton Ave.

PresentationCentre

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

PINNACLEINTERNATIONAL.CATORONTO . MISSISSAUGA . VANCOUVER .






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HOMEBUYERS’ HELP

How to research your new home purchase

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.”

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, the next step is to ask around. You may want to visit 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.

100 Homebuyers Help-How to research your new home purchase_VB_L.indd 18 3/10/15 2:23 PM

• FREE PARKING AND LOCKER • STANDARD UPGRADED LUXURY FINISHES INCLUDED• INDIVIDUAL SUITE CLIMATE CONTROL • ACCESS TO THE GRAND SPA

Don’t miss this rare chance for LUXURY LIVING AT AFFORDABLE PRICES in the heart of Richmond Hill

Under construction with Fall 2015 occupancy

OUR ON-SITE SALES CENTRE IS OPEN DAILY AT:

9612 Yonge Street905.907.4370

www.grandpalace.ca

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

MAJOR MACKENZIE DR.

WELDRICK RD.

HILLCREST MALL

YON

GE

ST.

BAYV

IEW

AVE

.

16TH AVE.

407

9612 Yonge Street



The lap of luxury, Grand Palace, is becoming a reality on Yonge Street in the heart of Richmond Hill. With two towers well under construction,

excitement is growing as each new floor rises. “At Grand Palace, our vision is to create an ambient

lifestyle of enjoyment, serenity and convenience all while surrounded by beauty and luxury. It’s the perfect community to call ‘home,’” says Candice Gasparro, marketing manager. It’s instantly apparent when visiting the Grand Palace sales office that no small detail has been overlooked in the planning of this complex – the attention to detail and uncompromising standard of excellence is carried throughout the development.

The three partners, Stefano Guizzetti, Albert Gasparro and Jack Scivoletto, have paid meticulous consideration to details often overlooked. In fact, the partners are so committed to the Grand Palace that they

CONDO PROFILE

LUXURY REIGNSin Richmond Hill

have each purchased their own suites, as well as the staff at G Group, attesting to the quality of this beautiful development. The partners seek to exceed expectations with three elevators per tower, where only two were required. Their goal is to provide convenience to the residents by minimizing elevator wait time!

Each suite at Grand Palace features nine-ft. ceiling heights and is equipped with independent suite climate control – a useful feature that most buildings do not offer. Each tower also has a guest suite and party room with an outdoor terrace. Residents at Grand Palace have the convenience of condominium living with the benefits of hosting special occasions and entertaining in a home.

The finishes of each suite are spectacular at Grand Palace, exuding a sense of regency. The standard finishes at Grand Palace are considered upgrades at other condominiums.

102-103 CP G Group-Grand Palace_MC_L.indd 46 3/10/15 11:05 AM


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

The jewel of Grand Palace is the Winter Garden. Uniting the two towers located directly on Yonge Street, the Winter Garden is a year-round oasis. Here, residents can meet with family and friends under the alluring 27-ft. ceilings and enjoy the beauties of nature year round. The Winter Garden will feature underground water streams, a beautiful fountain and boutique coffee shops on either side so residents will do more than just live at Grand Palace – they will relish every moment and aspect or life at this fantastic location.

At Grand Palace, residents can “Live Life Grand” at affordable prices. Construction is well underway with occupancy expected to begin in late 2015. Home-ownership opportunities like this are rare. Never before has a condominium complex been so finely and luxuriantly featured, all nestled within the heart of Richmond Hill.

For more information, visit grandpalace.ca or call 905.907.4370.

102-103 CP G Group-Grand Palace_MC_L.indd 47 3/10/15 11:06 AM

THE GUIDE TO BUYING AND MANAGING YOUR FIRST HOME416.626.4889

1 YOUR FIRST HOME WINTER 2015

THE GUIDE TO BUYING AND MANAGING YOUR FIRST HOME

S P E C I A L E D I T I O N

HOME&CONDO

WINTER/SPRING 2015 FREE

+Expert tips to

DECORATE YOUR FIRST HOME

Trends in lowrise & highrise homesYour guide on where and what to buy

WHAT TO CONSIDER BEFORE GETTING YOUR FIRST MORTGAGE

YFH 02-07-15_master.indd 1 15-02-03 7:10 PM



With great controls, a unit such as this is self-contained. Sophisticated construction means they control the position and climate perfectly, to ensure wines age well and can be enjoyed to their fullest potential, without worry of vibrations stirring up the sediment or light getting in.

As opposed to a built-in, these freestanding units are modern and offer contemporary design, so they work well in your decor. They can be located in a convenient corner or closet as they are space-saving and streamlined in design. And if you move, they move with you. It’s an investment in your lifestyle, not just your décor.

Just because you’re a small-space dweller doesn’t mean you can’t live luxuriously.

Wine cellars are generally one of those dreams that move out when you move into a compact home. While the big, climate-controlled room with tasting table and built-in racks may still be beyond the condo owner’s reach, there’s a great solution that lets you have your wine and drink it too, so to speak.

Wine cellars now come in a wide range of shapes and sizes, with an even broader array of features. From dual-temperate zones to countertop models, there are options for everyone – from wine beginners to wine aficionados. Which is great news, as sommeliers world-wide would agree that storing wine in a cupboard is probably the worst thing you can do for wine. And unless you’re drinking your wine and replacing it regularly, those cute six-bottle holders that go on the wall are not your vintage’s best friend. There’s no light or climate control.

Indeed, top sommelier Anne Martin says that storing a wine in your fridge at too cool a temperature can dry out the cork, making the bottle more difficult to open. She adds that many of us are unknowingly guilty of drinking our white wines too cold, and our red wines too warm! A too-cold white wine doesn’t allow you to fully enjoy its range of flavours, while a too-warm red brings out too much of the alcohol notes, and not enough of the flavour.

Wines are best stored in a dark spot, free of direct UV rays and household lighting. Sunlight can cause wine to age too quickly and deteriorate. Plus, away from the light, those lovely labels won’t fade.

Then connoisseurs and oenophiles can just start collecting. No need to let your living situation dictate your enjoyment of finally opening up that award-winning vintage, or aging that special bottle to perfection!

A dedicated wine storage unit, such as the wine cellars offered by Canadian company Koolatron (koolatron.com), eliminates this stress and guesswork by offering a consistent, regulated temperature, free from ambient lighting. They also protect against environmental dangers such as vibration and strong odours. Starting at $159.99 for a six-bottle unit, proper wine storage and serving is affordable, and small enough for small space living.

Of course, the six-bottle cellar may be for the more occasional or novice collector. The serious collector will want to consider a larger unit – 45 or 68 bottles. The serious collector may consider the 165-bottle cellar, or combine several.

CONDO CULTURE

The wine cellar solution for condo dwellers

Wine cellars are no longer just for sprawling homes and sommeliers...

106 Condo Couture-The Wine Cellar Solution_MC_L.indd 18 3/10/15 11:06 AM

GO TRAIN ACCESSTO DOWNTOWN

CAFÉS & SHOPSSTEPS AWAY

trails & ravinein your backyard

The best of urban living and small town charm come together in the Ville Condominiums. Located in the heart of Streetsville, access to amenities for both work and pleasure are only steps away from your home.

from the low $200’s

n e w u r b a n l i v i n g + E A S Y C I T Y A C C E S S

villecondos.ca

r e g i s t e r t o d ay

mississauga’s most vibrant condo community

Prices & specifications subject to change without notice. All images are artist’s concept. E. & O.E.

FGH-Ville-CondoGd-0315.pdf 1 2015-03-09 2:31 PM



Condo hunter’s checklistWHEN SHOPPING FOR YOUR DREAM CONDO, CARRY THIS LIST WITH YOU AND TAKE NOTES TO HELP YOU REMEMBER WHAT YOU SAW, AND WHERE!

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

Project & address:

Salesperson:

Phone:

Developer/builder:

Type:

midrise townhome highrise conversion

Sq. ft.:

# 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:


Sq. ft.:

# of bedrooms:

# of bathrooms:


Options:

Parking facilities:

Special incentives:

Price:

Down payment:

Condo fees:


Other comments:

Project & address:

Salesperson:

Phone:

Developer/builder:

Type:


Sq. ft.:

# of bedrooms:

# of bathrooms:


Options:

Parking facilities:

Special incentives:

Price:

Down payment:

Condo fees:


Other comments:

Project & address:

Salesperson:

Phone:

Developer/builder:

Type:


Sq. ft.:

# of bedrooms:

# of bathrooms:


Options:

Parking facilities:

Special incentives:

Price:

Down payment:

Condo fees:


Other comments:

HOMEBUYERS’ HELP

108 Homebuyers Help-Checklist_VB_L.indd 112 3/10/15 11:06 AM

“Since joining the company, I’ve found members and BILD’s staff very welcoming and have always made me feel at ease. Membership provides a platform that cultivates the building of solid relationships. For our company, BILD… Where absolutely everything you will ever need to grow your business lives!”

Vanessa Checchia, Décor Specialist Decorenza

Service Professional Member Since 2002

I BUILD MEMORIES.

Get Involved: bildgta.caI AM

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1 VANDYK COMMUNITIES The Craftsman craftsmancondos.com from $310,000 105 21N

6 FOREST GREEN HOMES Ville Condominiums villecondos.ca • from $220,000 107 16L

9 EMPIRE COMMUNITIES Senses Condominiums 905-845-7246 • from $220,000 6-7 17Q

34 PINNACLE INTERNATIONAL Pinnacle Uptown, Crystal 905-568-9000 • from $200,000 99 19K

47 THE DANIELS CORPORATION Daniels Erin Mills 905-306-6996 • from $250,000 17 17M

2 WINDCATCHER DEVELOPMENT CORPORATION Atwater Condos 905-271-5038 • from $280,000 24L

3 CASTLERIDGE HOMES The Clairington 905-793-0002 • from $230,000 16E

3 PINNACLE INTERNATIONAL The Marquee Townhomes on the Park 905-568-9000 • from $700,000 20K

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

5 AMACON PSV2 905-273-9333 • 20L

7 GREAT GULF HOT 905-828-4257 • from $330,000 16M

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

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

10 AMACON The Residences at Parkside Village 905-273-9333 • 21K

12 ALTERRA HOMES Renaissance in Olde Brampton 416-710-1010 • from $490,000 13H

14 PEMBERTON GROUP Rosedale Village Golf & Country Club 905-799-5000 • • from $346,000 13F

15 ADI DEVELOPMENT GROUP Link2 Condos+Lofts 905-592-2028 • from $195,000 5M

16 VANDYK COMMUNITIES Windows on the Green 905-822-3333 from $300,000 19N

17 PEMBERTON GROUP Downtown Erin Mills Condominiums 905-630-6300 • from $300,000 18M

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

20 CARRIAGE GATE HOMES The Berkley Downtown Burlington theberkeleycondo.com • 5M

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

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

30 PINNACLE INTERNATIONAL Pinnacle Grand Park 2 905-276-3981 • from $200,000 20L

30 PINNACLE INTERNATIONAL Pinnacle Grand Park 905-276-3981 • from $300,000 20L

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

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

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

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

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

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

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16 AveWoodbine Ave Bullock Dr

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12 Line Rd

Nashville Rd

King-Vaughan RdCold Creek Rd

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Langstaff Rd

50

Islington Ave

Steeles Ave W

Clarence St

Kipling Ave

Teston Rd

Weston Rd

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M ajor M ackenzie

Jane St

Langstaff Rd

Rutherford Rd

Keele St Bathurst St

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Centre St

King Rd Yonge St

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City ofPickering

Town ofAjax

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112

3 TRIBUTE COMMUNITIES Varley 905-604-1477 • from $520,000 47 19F

7 MINTOURBAN COMMUNITIES INC. WaterGarden 416-915-3800 • from $369,000 43 12F

13 LIBERTY DEVELOPMENT CORP. Legacy Park 905-731-8302 • from $300,000 35 10G

32 LIBERTY DEVELOPMENT CORP. Royal Gardens 905-889-9997 • from $303,000 37 15F

43 GUIZZETTI DEVELOPMENTS Grand Palace 905-907-4370 • 101 12E

44 LIBERTY DEVELOPMENT CORP. Centro Square Condos 2 905-851-8877 • from $400,000 36 5F

1 MONARCH CORPORATION Garden Court 416-495-3595 • from $400,000 16D

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

4 TRIDEL CORPORATION Renaissance of Richmond Hill 416-736-9500 • from $740,000 14E

5 LINDVEST Grand Cornell Brownstones in Markham 905-294-6161 from $340,000 23F

6 ARMOUR HEIGHTS DEVELOPMENTS The Sorrento 289-637-1777 • from $390,000 13B

10 GREAT LANDS CORP. The Beverly Hills Resort Residences 905-882-6636 • from $250,000 12E

11 TRIAXIS DEVELOPMENT INC/MARINO DEVELOPMENTS Courtyards of Maple 416-798-7070 • from $390,000 7D

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

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

14 REMINGTON GROUP Model Suite of the Month 905-948-9900 • from $300,000 18F

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

22 QUADRA MGT. & SCEPTRE DEVS. Renaissance Court at Woodbridge Gates 905-851-4220 • from $505,000 2F

22 WYCLIFFE HOMES Fairground Lofts 905-605-5900 • from $340,000 2F

24 LIBERTY DEVELOPMENT CORP. The Fountains 905-731-8302 • from $272,000 10F

26 RICE DEVELOPMENT Ambria 905-796-3630 • from $340,000 3F

28 CHESTNUT HILL HOMES San Francisco by the Bay 905-831-3631 • • from $200,000 22C

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

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

32 SIGNATURE COMMUNITIES TAO Boutique Condos 905-597-2535 • from $200,000 15F

33 PEMBERTON GROUP Miracle at Yonge 905-709-5700 • from $280,000 12F

34 SIERRA HOMES 68 Main Street 905-305-0822 • from $250,000 21E

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

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

46 EMPIRE COMMUNITIES The Mark 905-554-5015 • from $250,000 22Ez


condo buyers’ resource section

YOU LOVE THE CONDO, SEE WHAT YOU CAN AFFORD!

HOMEBUYERS’ HELP

Compare mortgage rates for your best deal

Calculate your mortgage payments

113-115_117 Homebuyers Resource_VB_L.indd 113 3/10/15 2:23 PM


Calculate your mortgage payments

01 Determine the appropriate five-year fixed mortgage rate, which is easiest to qualify for.

02 Look down the left column of the table on the opposite page to find the rate (rounded to the nearest 1/4 per cent).

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

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

interest rate

EXAMPLE: 5%

chart figure

5.82

mortgage amount ÷ 1,000

125 (MORTGAGE AMOUNT $125,000)

monthly payment

$25 YEARS

amortization period

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

Follow these steps to see if you’ll qualify for a mortgage on your dream condo

HOMEBUYERS’ HELP



2.50% $666 $529 $448 $394

2.75% $678 $541 $461 $407

3.00% $690 $554 $473 $421

3.25% $702 $566 $486 $434

3.50% $714 $579 $499 $448

3.75% $726 $591 $513 $461

4.00% $738 $604 $526 $476

4.25% $750 $617 $540 $490

4.50% $763 $630 $553 $504

4.75% $775 $644 $567 $519

5.00% $788 $657 $582 $534

5.25% $801 $671 $596 $549

5.50% $814 $684 $610 $564

5.75% $827 $698 $625 $579

6.00% $840 $712 $640 $595

6.25% $853 $726 $655 $611

6.50% $866 $741 $670 $626

6.75% $880 $755 $685 $642

7.00% $893 $769 $700 $659

Table provided by Calum Ross, owner, president and principal broker at Calum Ross Mortgage. He can be reached at 416.410.9905, [email protected] and calumross.com

% Amortization Periods

INTEREST RATES

15 YEARS

20 YEARS

25 YEARS

30 YEARS

Mortgage payment calculation chart


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EXPERT ADVICETop tips to guide you through the homebuying process

THE ALLURE OF LUXURY CONDO LIVING

HIGHLIGHTING THE topbuilders & new-home

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The Urban Townhome Collection, TorontoThe Victoria Model Home, 2,628 sq.ft. + 622 sq.ft. Terrace

An exclusive collection of the GTA’s most beautiful new condos

2015MODEL SUITE CALENDAR

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2015MODEL HOMECALENDAR

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An exclusive collection of SWO’s most beautiful new homes and condos

2015

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OvercOming the fear of using

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Getting inspired

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homedecorandrenovations.comFREE MARCH 2015

VOLUME 11 ISSUE 1

MAKE YOUR A REALITY!reno dreamsA REALITY!rereno dreamsno dreams

WE HAVE EXPERT ADVICE AND DRAMATIC PHOTOS TO INSPIRE YOU

Q&A withcelebrity designer

JONATHAN ADLER

2015’s freshestDECOR

TRENDS

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1 YOUR FIRST HOME WINTER 2015

THE GUIDE TO BUYING AND MANAGING YOUR FIRST HOME

S P E C I A L E D I T I O N

HOME&CONDO

WINTER/SPRING 2015 FREE

+Expert tips to

DECORATE YOUR FIRST HOME

Trends in lowrise & highrise homesYour guide on where and what to buy

WHAT TO CONSIDER BEFORE GETTING YOUR FIRST MORTGAGE

YFH 02-07-15_master.indd 1 15-02-03 7:10 PM

FREE

sHoppIngCurating a selection of the GTA’s top home and decor shops and services

GUIDE

2015 HOME DECOR & RENOVATIONS

Multi-talented designer

Jonathan AdlerDISHES ON DECOR TRENDS, HIS FAVOURITE SHOPS IN T.O. AND MORE!

OUR decorwish list FOR THE NEW YEAR

18PAGE

A SPECIAL ADVERTISING SUPPLEMENT

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THE EXPERTS WEIGH IN: Location, lifestyle, costs &

your new condo

Why pre-construction condo investments pay off

HIGHLIGHTING THE

top builders & condo communitiesacross the GTA

2015 CGGTA annual_CVR_FNL.indd 1 3/10/15 12:28 PM

EXPERT ADVICETop tips to guide you through

the homebuying process

BEYOND MORTGAGE RATESHow accelerated payments can save you thousands

HIGHLIGHTING THE TOP builders & developers in Ottawa

三月七日至四月十八日 / Mar 7 - Apr 18, 2015 Volume 4 Issue 2

各式電子工具都可瀏覧網上參閱 ChineseHomeGuide.com

如何增加儲物空間 • 2015年多倫多地產市場的趨勢 • 強勁新屋銷售助長就業機會

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BUILT RIGHT WHERE YOU WANT TO LIVE

INSIDE THIS ISSUE

NEW HOME SALES OFF TOSTRONG START IN 2015

HOW TO CHOOSE AREAL ESTATE LAWYER

ENERQUALITY NAMES2014 AWARD WINNERS

All images are artist concept.

A CUT ABOVE THE ORDINARY AT AVENUE RD. AND ST. CLAIR

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INSIDE THIS ISSUE

CONDO ETIQUETTE: THE 10 ELEVATOR COMMANDMENTS

HOUSING AFFORDABILITY DOWN AS TORONTO PRICES RISE

THE REAL MICRO CONDO EXPERIENCE

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Feb 28 - Mar 14, 2015 Volume 18 Issue 04

INSIDE THIS ISSUE

HAMILTON: GROWING ECONOMY,STRONG HOUSING MARKET

WHAT THE BANK OF CANADA’SRATE CUT MEANS FOR BUYERS

LAKE ONTARIO’S GROWING WATERFRONT CONDO MARKET

ATTAINABLE LUXURY IN PERFECTHARMONYBRANTHAVEN HOMES’ JAZZ CONDOS BOUTIQUE RESIDENCES IN BURLINGTON’S POPULAR ALDERSHOT NEIGHBOURHOOD

INSIDE THIS ISSUE

THE CHANGING FACE OFOTTAWA HOME BUILDING

WHAT TO EXPECT AS YOUR NEW HOME IS BUILT

ENERQUALITY NAMES2014 AWARD WINNERS

Eastern Ontario Edition


WELCOME HOME TO

Luxurious Living

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

Compare mortgage rates for your best deal

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

TRUST COMPANIES

OTHER FINANCIAL INSTITUTIONS

HOMEBUYERS’ HELP

ATB Financial 2.35 4 2.94 2.64 2.64 2.74 2.84 4.00op 4.00op 4.00op Alterna Svgs/Alterna Bk 2.45 4 2.98 2.98 2.98 2.94 2.78 6.30op 6.30op Bank of Montreal 2.85 4 2.89 2.84 3.39 3.89 2.99 6.30op 6.30op Bank of Nova Scotia 2.85 4.55 3.29 3.09 3.39 3.89 4.49 6.45op 6.50op Canadian Western Bank 4 3.14 3.04 3.65 4.2 4.74 6.45op 6.30op CFF Bank 2.99 2.79 2.49 2.89 2.79CIBC 2.85 2.89 2.29 3.55 4.14 4.79 6.70op 6.35op ICICI Bank Canada 2.9 3.15 3.65 3.64 3.69 3.69Manulife Bank 2.55 4.45 3 3.04 2.94 2.99 2.99 3.50op National Bank n/a 4.4 2.89 2.84 3.39 3.04 3.09 6.70op 6.70op President’s Choice Financial 2.5 2.29 3.49 2.73 4.44Royal Bank 2.85 3.14 3.14 3.7 4.44 4.74 6.30op 6.30op TD Canada Trust 2.85 2.89 2.84 3.39 3.89 3.09 6.30op Tangerine 2.85 3.19 3.24 3.49 3.69 3.79

Community Trust n/a 6.5 3.14 3.25 3.95 4.74 4.99Concentra Financial n/a 5 2.89 2.59 3.39 3.89 4.74 6.70op 6.30op Effort Trust n/a 4.45 3.45 3.6 3.7 4.6 4.95 6.30op 6.30op Home Trust Company 2.35 3.95 2.89 2.44 2.59 2.79 2.79Investors Group Trust n/a 4.2 3.14 3.09 3.75 4.39 3.29 6.50op 6.30op MTCC 2.85 4.55 3.29 3.09 3.39 3.89 4.49 6.45op 6.50op

Airline Financial C.U. 4 3.01 3.1 3.33 3.65 3.13 6.25op Comtech Credit Union 2.95 6.2 2.89 3.25 3.29 2.99 2.84 6.40op 6.30op First National Fin. LP 3.95 2.99 2.59 2.69 2.79 2.89FirstOntario C.U. 2.85 2.99 3.04 3.19 2.99 2.89 6.34op 6.34op IC Savings 2.99 2.69 2.89 3.04 3.09London Life n/a 4.2 3.14 3.09 3.75 4.39 4.79 6.50op 6.30op Luminus Financial 2.45 2.85 2.25 3.35 2.7 3.05 6.25op MCAP 2.35 3.6 3.95 4.35 4.84 5.14Meridian Credit Union 2.65 4 3.09 3.09 3.55 3.29 2.89 6.30op Parama Credit Union 2.5 2.7 2.9 3 3.1 3.25 2.85op Steinbach Credit Union 2.4 2.65 2.75 2.85 2.9 2.95


45 Charles Ltd. - Chaz Yorkville Condos 27

Aragon Properties - Enigma on the Park 85

Aspen Ridge Homes - Studio on Richmond 45

Bazis Inc. - E Condos 5

Bazis Inc. - No1 Yorkville 3

BILD - Promo 109

Brandy Lane Homes - The Station 63

Camrost - Felcorp - Blue Diamond at Imperial Plaza 1

Canalfa Group - Liberty Central by the Lake Two 65

Chestnut Hill Development - Lotus Condominiums 26

Citycore - Harmony Village 86

Concert Properties - The KIP District 71

Concord Adex - Omega on the park 30-31

Cresford Development Corp. - 1000 Bay 120

Cresford Development Corp. - CASA 2 IBC

Cresford Development Corp. - CASA III 120

Cresford Development Corp. - Merton Yonge Condominiums 120

Cresford Development Corp. - VOX 120

Daniels Corp. - The Bartholomew Downtown East 15

Davies Smith - Eleven Superior Insert

Diam Developments - On The Danforth 75

Eden Shaw - Chaz Yorkville Condos 27

ELAD Canada - The Colours of Emerald City 57

Empire Communities - Senses Condominiums 6-7

Family of magazines - Promo 116

Fieldgate Homes - Zigg St.Clair West 55

Forest Green Homes - Ville Condominiums 107

Freed - Art Shoppe Condos 69

Ghods Builders Inc. - 5959 Yonge Street 59

Great Gulf - Monde 25

Great Gulf - One Bloor Residences 25

Great Gulf - Pace 25

Great Gulf - Yonge+Richmond 25

Guizzetti Developments - Grand Palace 101

Hyde Park - East Fiftyfive 51

Lamb Development Corp. - East Fiftyfive 51

Lamb Development Corp. - The Harlowe 53

Lanterra Developments - Model Suite of the Month 119

Lanterra Developments - Riverhouse at the Old Mill 19

Lanterra Developments - Treviso Condominiums 11

Liberty Development Corp. - Centro Square Condos 2 36

Liberty Development Corp. - Legacy Park 35

Liberty Development Corp. - Royal Gardens 37

Liberty Development Corp. - Terrace on Danforth 37

Liberty Development Corp. - World on Yonge 37

Luxury Living Magazine - Promo 68

Madison Homes - Zigg St.Clair West 55

Menkes Developments Inc. - 365 Church Insert

Menkes Developments Inc. - 87 Peter Insert

Menkes Developments Inc. - Fabrik Insert

Menkes Developments Inc. - Gibson Square Insert

Menkes Developments Inc. - Harbour Plaza Insert

Menkes Developments Inc. - Humber Mews Insert

Menkes Developments Inc. - Pears on the Avenue Insert

Menkes Developments Inc. - The Eglinton Yonge at Heart Insert

Metropia - E Condos 5

Minto Communities Inc. - Corporate 43

Minto Communities Inc. - West Side 23

MintoUrban Communities Inc. - 30 Roe 43

MintoUrban Communities Inc. - 88 43

MintoUrban Communities Inc. - WaterGarden 43

Mobile App - Promo 88

Monarch Corporation - Lago Insert

Monarch Corporation - Picasso on Richmond Insert

Monarch Corporation - Riva del Lago Insert

Monarch Corporation - Waterscapes Insert

North Star Homes - Connexion at Islington 87

One of a Kind Spring Show - March 25-29 70

Pemberton Group - Citylights on Broadway 8

Pemberton Group - Vivid Condos 9

Phantom Developments - Tea Garden Condos 79

Pianosi Developments - Perspective Condos 89

Pinnacle International - Pinnacle Uptown, Crystal 99

Plaza - Corporate 67

Rio Can - E Condos 5

Rockport Group - The Nest 61

Streetcar Development - The Southwood 39

T.D. Bank - Corporate 33

The Daniels Corporation - Daniels Erin Mills 17

The Daniels Corporation - High Park Condominiums Insert

The Daniels Corporation - One Park Place South Tower 29

Tribute Communities - The College 47

Tribute Communities - Varley 47

Tridel Corporation - Avani At Metrogate IFC

Tridel Corporation - Islington Terrace BC

Urban Capital - RC3 41

Vandyk Communities - The Craftsman 105

Your First Home & Condo - Promo 104

INDEX OF ADVERTISERS

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BROKERS PROTECTED. ILLUSTRATIONS ARE ARTIST’S CONCEPT. PRICES AND SPECIFICATIONS ARE SUBJECT TO

CHANGE WITHOUT NOTICE. E. & O.E.

WELL UNDER CONSTRUCTION

MOVE IN STARTS WINTER 2016

A sculptural 56-storey glass tower steps

from Yonge & Bloor with unbeatable

Toronto skyline views and embellished

with MissoniHome furniture.

SUITES FROM THE MID $300’SSIGNATURE PENTHOUSES STARTING

FROM $1.4 MILLION

416.486. CASA (2272)CASA2CONDOMINIUMS.COM

CONDOMINIUM GALLERY:170 MERTON STREET

CONDOMINIUMGALLERY

YONGE & MERTON

MOVE IN NOW


TOWNS FROM THE LOW $600’S

PENTHOUSES FROM THE $800’S

416.484.1900MYCCONDO.COM

YONGE & WELLESLEY

PENTHOUSES COMING SOON

FURNISHED WITH DIESEL LIVING

416.485.3000VOXCONDOMINIUMS.COM

BAY STREET WELL UNDER CONSTRUCTION

MOVE IN STARTS WINTER 2015


416.485.30001THOUSANDBAY.COM

YORKVILLE

NOW UNDER CONSTRUCTIONMOVE IN WINTER 2017

SIGNATURE PENTHOUSES

COMING SOON

SUITES FROM THE HIGH $300’S

416.486.CASA (2272)CASACONDOMINIUM.COM

The locations you love. The designs you desire. The details you demand. A Cresford condominium is luxury living defi ned. For over 40 years Cresford has been at the forefront of the luxury condominium market. The fi rst developer in Canada to pair its condominium designs with international fashion labels, we set the standard for superb quality, trusted security and cutting-edge style.

DESIGN.LOCATION.STYLE.PASSION.TRUST.

Now opeN

Kennedy and Hwy 401 in Scarborough

Starting from the low $200’s*

Visit the Presentation Centre

52 Village Green Square, Scarborough

416.293.5535

Built to make an entrance.The newest addition to our landmark Metrogate community, Avani 2 offers design-inspired

living in every 1 and 2 bedroom suite, many with den options. This contemporary tower

features spectacular indoor and outdoor amenities, the perfect spaces for residents to

relax, rejuvenate and enjoy their leisure time – all overlooking a dynamic community park.

Indulge your taste for sleek modernity at Avani 2, where virtually anything you could want

is just moments away.

eiGht decades of home BuildiNG. over 80,000 homes Built. tridel commuNities are Built GreeN. Built for life.®*Price and specifications are subject to change without notice. Illustrations are artist’s concept only. Building and view not to scale., Tridel Built for Life®, Tridel Built Green. Built for Life.® are registered trademarks of Tridel and used under license. ©Tridel 2015. All rights reserved. E.&O.E. March 2015.

tridel.com

fold out ifc iNside ifcfoldTRI 26089 Condo Guide AVANI 2 GF (IFC) + IT OBC Mar 15.indd 2-3 2015-03-04 11:45 AM

tridel.com

Built for the suite life.

eiGht decades of home BuildiNG. over 80,000 homes Built. tridel commuNities are Built GreeN. Built for life.®*Price and specifications are subject to change without notice. Illustrations are artist’s concept only. Building and view not to scale., Tridel Built for Life®, Tridel Built Green. Built for Life.® are registered trademarks of Tridel and used under license. ©Tridel 2015. All rights reserved. E.&O.E. March 2015.

Find your connection at islington terrace, just minutes from the Bloor

islington subway. this architecturally striking condo community is

located in a historic neighbourhood where the past mingles with today’s

must haves. islington Village, with its quaint restaurants, leads you right

into the fashionable Kingsway on Bloor, full of trendy boutiques and

exclusive shops. Embrace the new spirit of living at Bloor and islington.

Starting from the mid $200’s*

Visit the Presentation Centre

2487 Bloor Street West, Etobicoke

(At South Kingsway)

416.645.8862

7.5" x 10.5" oBcTRI 26089 Condo Guide AVANI 2 GF (IFC) + IT OBC Mar 15.indd 4 2015-03-04 11:45 AM

gta new condo guide, mar 14, 2015

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