gta new condo guide, may 10, 2014

*See details inside.

*

INSIDETHIS ISSUE

CORUM VOLORER IAEPERO INCTUR

OBIS AUT QUI ODIS EXPLIQUAS VOLO IUR REM

LAB IUM ACES QUISQUISQUI CUSA QUE NUS ODIT

RAIN 33468 Condo Guide Cover_final.indd 1 2014-04-23 3:52 PM

INSIDE THIS ISSUE

BUILDING INDUSTRY CELEBRATES EXCELLENCE

YOUR FIRST HOME: MORTGAGE ADVICE

REAL ESTATE LESSONS LEARNED, THE EASY WAY

May 10 - 24, 2014 Volume 18 Issue 10

[ 3-WEEK ISSUE ]

CG_Cvr_May-10-2014.indd 1 14-05-05 3:31 PM

fold

6.875" x 10.5" OGFfold

tridel.com

COMING SOON

TRI 23699 ALTER CG IFC GF May 14.indd 1 2014-05-05 12:47 PM

THIS IS

YORKVILLEAT ITS VERY BEST

COMING SOON. A NEW SIGNATURE RESIDENCE AT CUMBERLAND

AND AVENUE ROAD IN YORKVILLE FROM THE MID $300’s

A MASTERPIECE IN YORKVILLE.PREVIEW REGISTRATION | CUMBERLANDTOWER.COM/CG

PRICES AND SPECIFICATIONS SUBJECT TO CHANGE. E.&O.E. BROKERS PROTECTED. RENDERING CONTAINS IMAGE OF SCULPTURE BY JEUME PLENSA WHO ALONG WITH OTHER INTERNATIONALLY RECOGNISED SCULPTORS HAS BEEN SELECTED TO SUBMIT ART PROPOSALS FOR SCULPTURES TO GRACE THE CUMBERLAND TOWER SCULPTURE GARDEN. ALL IMAGES ARE ARTIST CONCEPT.

RESIDENTIAL LOBBY VIEWED FROM AVENUE ROAD

CUMB 33653 Condo Guide.indd 1 01/05/14 2:17 PM

editor’s note

the “Crème de la Crème”

Lydia McNutteditor

Wall2Wall [email protected]

Follow me on twitter at twitter.com/lydiastweets

SuSaN Leggeeditor-in-ChieF

Wall2Wall [email protected]

Follow me on twitter at twitter.com/susanlegge

like us on Facebook search: Condo Guide

Those in the market for a new home will be pleasantly surprised by the exceptional value and attention to detail a brand new home offers. When you buy new, you don’t inherit worn carpeting, or someone else’s taste in kitchen appliances and paint colours. You get a fresh space that’s awaiting your personal imprint. If you’ve fantasized about buying a new home, here are a few tips that can help make the process a pleasant one:›› Shop the mortgage market to see what you can afford before you start

your hunt;›› Obtain a lawyer who is willing to review your offer and close the deal;›› Don’t be persuaded by high-pressure sales tactics;›› Determine which options and upgrades you want as part of your offer

and ensure your lender will finance what’s required, if needed; ›› To save money, consider which upgrades you could purchase and install

yourself after the sale closes. Some upgrades such as rough-ins and wiring inside the walls are easier to do before construction.

Factors like cost, neighbourhood, square footage and special features play a big role in your final decision. Determining which features your new condo absolutely must have, and which features you could live without, should be among your first steps in the home-buying process.

make Wise ChoiCes, and enjoy the proCess

One of the most important steps in buying a new home is choosing the home builder who can deliver your wish list. We’ve got some of the best right here in our own backyard, who were honoured at the recent BILD Awards held on April 25, attended by more than 1,100 industry professionals. This annual event celebrates the best of the building industry, from the builders and their dazzling designs, to the advertising, marketing and sales teams behind these successful projects.

With so many great builders vying for your attention, how do you choose the right one? As with most aspects of the home hunt, this one starts with some research.

With the Internet at your disposal, much of the information you seek is right at your fingertips. What builders are out there? How long have they been in business? How many new communities have they completed? What are they building, and where? Can they deliver your must-have list?

While the Internet is a valuable tool, you can’t beat the face-to-face experience. Visit builders’ sales centres and model suites, speak with staff, and tour their communities – both completed and in progress, to see the team in action. Don’t be afraid to approach a resident and ask them about their experience. What was their overall impression? How was the after-sales service? Did the builder meet the time line for closing? Were there any problems, and if so, how were they rectified? Would they buy from the same builder again, or recommend them to a family member?

There’s so much choice in the GTA, whether you seek a small city suite in or spacious townhome – potentially by an award-winning builder which makes you, the homebuyer, the real winner.

Welcome to the Private Residences atop Imperial Plaza. An iconic building in a coveted Forest Hill location, clad in limestone with impeccable granite and marble detailing, rich

in historical perspective and timeless in elegance. Majestic suites with up to 6000 sq. ft. of grand living space, ceiling heights that soar 10’ and higher, and with breathtaking views

of the city. A dedicated express elevator, private elevator lounge, private fitness club and 24 hour concierge allow your everyday to unfold with grace. Move in this year!

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

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

IMPERIALCONDOS.CA 416.925.2501

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

Exclusive Listing Brokerage Milborne Real Estate Inc. Brokers Protected. Prices and specifications are subject to change without notice. Illustrations are artist concept. E.&O.E.

THIS RARE OPPORTUNITY IS ABOUT TO BECOME HISTORY.

TAKE YOUR EXPRESS ELEVATOR HOME.

IMP2 33304 Condo Guide.indd 1 16/04/14 5:14 PM

MAY 10 - 24, 2014 NEW CONDO GUIDE 003

LegaLLy Speaking Jayson SchwarzJayson Schwarz LL.M is a Toronto real estate lawyer and partner in the law firm Schwarz Law LLP. Visit the website at schwarzlaw.ca or email [email protected].

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

DeSigneR aDvice Yanic SimardYanic Simard is New Condo Guide’s design editor and the principal designer of the Toronto Interior Design Group, specializing in residential and commercial projects. Simard has created designs for clients in Toronto, Montreal and Miami, and appears as a regular guest expert on Citytv’s CityLine. Visit tidg.ca

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

vice-pReSiDent, WaLL2WaLL MeDia Jacqueline HilleDitoR-in-chief / DiRectoR of content Susan LeggeDiRectoR of SaLeS, nationaL Josh HeppneraSSociate puBLiSheR SWo neW hoMeS & LifeStyLe coMMunitieS Susan Maxwell aRt DiRectoR Sarah JangeDitoR Lydia McNuttcontRiButing eDitoRS Sara Duck Wayne Karl Elisa KrovblitDeSign eDitoR Yanic Simard

SaLeS ManageR Conni RobinsonSenioR account executive Dionne Fraser [email protected] account executive Nina Downs [email protected]

SaLeS & MaRketing co-oRDinatoR Terry BassettaDMiniStRative aSSiStant Antoinette Jackson

pRoDuction ManageR Bala GnanapandithanpRoDuction co-oRDinatoR Sandra Hanak-VujnovicgRaphic DeSigneRS Caroline Wassef, Mihail Terentiev, Sandra Hanak-Vujnovic

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

aDveRtiSing Call 416.626.4200 for advertising rates and information. ciRcuLation Free distribution in select high-traffic street boxes, stores, banks, financial institutions and select condominium sales offices. copyRight 2014 All rights reserved by Wall2Wall Media. Reproduction in any form is prohibited. Contents of this publication are covered by copyright and offenders will be prosecuted under the law. teRMS Advertisers, editorial content and new condo guide are not responsible for typographical errors, mistakes or misprints. All prices are correct as of press time and are subject to change without notice. E. & O. E. eDitoRiaL submissions from interested parties will be considered. Email to [email protected]. The views and data expressed by columnists do not necessarily represent those of the publication.

contributors neW conDo guiDe

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

Published By

inveStoR aDvice Andrew la FleurAndrew la Fleur is an award-winning realtor with Re/Max. Andrew’s expertise is in helping investors make money in the Toronto condo market. Visit TrueCondos.com/NewCondoGuide for a free gift. Contact Andrew at 416.371.2333 or [email protected]

conDo SenSe Don KearneyDon Kearney is manager of customer communications and social media at Menkes Developments Ltd. Follow Menkes on Facebook at facebook.com/MenkesLife, and on Twitter at twitter.com/MenkesLife

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

conDo Living Shlomo Sharon Shlomo Sharon is CEO of Taft Management Inc. and a member of CCI since 2002. Taft Management Inc. is an ACMO 2000-certified property management company and has been providing property management services since 1996. Visit taft-forward.com.

taxing iSSueS Henry Choo ChongHenry Choo Chong is a certified general accountant. Henry sits on many committees and provides accounting and tax advice to individuals and businesses in the GTA. Email your tax questions to Taxing Issues at [email protected]

004 neW conDo guiDe MAY 10 - 24, 2014

CONDOMINIUM RESIDENCES

AT YORKVILLE & YONGE

1YORKVILLE.CA

PRESENTATION LOUNGE 162 CUMBERLAND ST.

(416) 519-2911

1 BEDROOM & 1 BEDROOM + DEN

SUITESSTARTING FROM

$388,000

PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. E. & O.E. RENDERING IS ARTIST’S CONCEPT ONLY.@BazisInc

NEWRELEASE

BAZI-NO1-A-AD-CONDOGUIDE-MAR31-5.indd 1 14-04-04 8:05 AM


WHERE IN THE EMPIRE DO YOU WANT TO LIVE?

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

EMPIRECOMMUNITIES.COM

REMARKABLE RESIDENCES. REMARKABLE MARKHAM.

Your fl oor. Your Suite. One Price.* Up to $10,000 cash back or 2 years free maintenance.*

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

MARKHAM9560 Markham Rd.

905.554.5015

16th Ave.

Bur Oak Ave.

Mar

kham

Rd.

N

TORONTO2183 Lake Shore Blvd. W.

416.503.3328

THE NEXT GENERATION OF WATERFRONT LIVING

Ask about our Opening Bonus of up to $80,000.*

SUITES FROM THE LOW $300’s**

NOW OPEN EauDuSoleilCondos.com

Parklawn Rd

LegionRd

Marin

e Par

ade

Drive

N

TORONTO1603 Eglinton Ave. W.

416.784.3482

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

Ask about Empire’s Easy Buy Program & 5% Deposit Program.*

SUITES FROM THE MID $200’s**

NOW OPEN EmpireTheHub.com

Eglinton Ave. W.

Dufferin St.

Glenholme Ave.

Oakwood Ave.

Allen Rd.

Subway St.

N

HWY 403/QEW

LAKESHORE RD.

CORNWALL RD.

WYECROFT RD.

SPEERS RD.

DORVAL D

R.

TRAFALGAR RD

.

KERR ST.

LAKE ONTARIOLAKE ONTARIO

Hours: Mon-Fri 12-6,

Sat, Sun & Hol 12-5

521 Kerr St.,Oakville, L6K 3C9

RAINCONDOS.COM • 905-845-RAIN (7246)*Some restrictions apply to $500 a month home ownership incentive, offer available on Phase 1 (north tower) only. RBC on site mortgage approval is required. Restrictions apply to the Easy Buy Program, Cash Back incentive, new release sales program, special Deposit Program, Easy Buy Program, The Opening Bonus of up to $80,000 and other incentives and sales programs which are site specifi c. Limited time offer. Please see sales representative for details on programs and incentives. **Prices, sizes and specifi cations are subject to change without notice. Exclusive Listing Brokerage: TFN Realty Inc. Brokers Protected. Renderings are artist’s concept. E.&O.E. May 2014.

• PAY $5000 DOWN• $500/MONTH FOR 18 MONTHS• BALANCE OF 15% ON OCCUPANCY

HERE’S HOW IT WORKS:

$500A MONTH

HOMEOWNERSHIP EVENT*

TH E E M P I R E

OWNERSHIP EVENT*

Now owning at Rain Condos, Oakville’s biggest success story just got easier. With spectacular suite designs and amenities including indoor pool, rooftop terrace lounge, exercise room and more, you won’t believe what $500 a month can get you!

CONDOS FROM THE $200’s** | NOW UNDER CONSTRUCTION

RAIN 33640 Condo Guide DPS.indd 1 2014-05-01 9:13 AM

006 NEW CONDO GUIDE MAY 10 - 24, 2014

WHERE IN THE EMPIRE DO YOU WANT TO LIVE?

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

EMPIRECOMMUNITIES.COM

REMARKABLE RESIDENCES. REMARKABLE MARKHAM.

Your fl oor. Your Suite. One Price.* Up to $10,000 cash back or 2 years free maintenance.*

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

MARKHAM9560 Markham Rd.

905.554.5015

16th Ave.

Bur Oak Ave.

Mar

kham

Rd.

N

TORONTO2183 Lake Shore Blvd. W.

416.503.3328

THE NEXT GENERATION OF WATERFRONT LIVING

Ask about our Opening Bonus of up to $80,000.*

SUITES FROM THE LOW $300’s**

NOW OPEN EauDuSoleilCondos.com

Parklawn Rd

LegionRd

Marin

e Par

ade

Drive

N

TORONTO1603 Eglinton Ave. W.

416.784.3482

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

Ask about Empire’s Easy Buy Program & 5% Deposit Program.*

SUITES FROM THE MID $200’s**

NOW OPEN EmpireTheHub.com

Eglinton Ave. W.

Dufferin St.

Glenholme Ave.

Oakwood Ave.

Allen Rd.

Subway St.

N

HWY 403/QEW

LAKESHORE RD.

CORNWALL RD.

WYECROFT RD.

SPEERS RD.

DORVAL D

R.

TRAFALGAR RD

.

KERR ST.


Hours: Mon-Fri 12-6,

Sat, Sun & Hol 12-5

521 Kerr St.,Oakville, L6K 3C9

RAINCONDOS.COM • 905-845-RAIN (7246)*Some restrictions apply to $500 a month home ownership incentive, offer available on Phase 1 (north tower) only. RBC on site mortgage approval is required. Restrictions apply to the Easy Buy Program, Cash Back incentive, new release sales program, special Deposit Program, Easy Buy Program, The Opening Bonus of up to $80,000 and other incentives and sales programs which are site specifi c. Limited time offer. Please see sales representative for details on programs and incentives. **Prices, sizes and specifi cations are subject to change without notice. Exclusive Listing Brokerage: TFN Realty Inc. Brokers Protected. Renderings are artist’s concept. E.&O.E. May 2014.

• PAY $5000 DOWN• $500/MONTH FOR 18 MONTHS• BALANCE OF 15% ON OCCUPANCY

HERE’S HOW IT WORKS:

$500A MONTH

HOMEOWNERSHIP EVENT*

TH E E M P I R E

OWNERSHIP EVENT*

Now owning at Rain Condos, Oakville’s biggest success story just got easier. With spectacular suite designs and amenities including indoor pool, rooftop terrace lounge, exercise room and more, you won’t believe what $500 a month can get you!

CONDOS FROM THE $200’s** | NOW UNDER CONSTRUCTION

RAIN 33640 Condo Guide DPS.indd 1 2014-05-01 9:13 AM


TEN93 QUEEN WEST | TORONTO

THE URBAN TOWNHOME COLLECTION | TORONTO

U CONDOMINIUMS | TORONTOSKYCITY | RICHMOND HILL

DOWNTOWN ERIN MILLS | MISSISSAUGA

NEON | TORONTO THE UPTOWN RESIDENCES | TORONTO

VIVID | ETOBICOKE

BLUWATER | OAKVILLE DOWNTOWN ERIN MILLS | MISSISSAUGABLUWATER BLUWATER | OAKVILLE

PEMBERTONGROUP.COM905.326.4100

Incredible choice. Unbeatable offers. Now is the best time to choose a Pemberton Group condominium. From Oakville and Mississauga to Richmond Hill and Toronto, Pemberton offers an array of suite designs and prices to suit your needs. Whether you’re a fi rst-time buyer, move-up family or looking to downsize, you’ll fi nd a condo that is just right for you. Call or visit one of our Sales Centres today and take advantage of exciting, limited time offers.

IT’S ALL ABOUT LUXURY, CHOICE & YOU Exclusive Listing Brokerage, Circle M Realty Corporation, Brokerage.

Brokers Protected. Illustrations are artist’s concept. Prices and specifi cations are subject to change without notice. E. & O.E.

NON TRANSPARENT

TRANSPARENT

NON TRANSPARENT

TRANSPARENT

416.987.8800 905.603.6300 905.799.5000 905.709.5700 905.709.5700 416.987.7878 905.326.4100 416.546.6605416.546.6605 416.239.8200 416.546.6355

PEMB 33050 CONDO GUIDE DPS Rev FINAL.indd 1-2 2014-05-02 3:40 PM


// By Bryan tuckey Bild report

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

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

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

BILD’s official blog (bildblogs.ca).

The facts don’t lie: first-time homebuyers are increasingly choosing the condo lifestyle

– for affordability, convenience and other factors. If this describes you, and you’re in the market for a new condo, now is a great time to start your search.

With the cost of new ground-related homes at a record high and still growing, condominiums have become an affordable option for home ownership, particularly for first-timers looking to take advantage of today’s low interest rates. Prices in the highrise category have declined slightly, but remain stable, and with a constrained rental market, could appeal to potential investors.

As the market becomes more competitive, builders are now offering some very appealing incentives to potential purchasers, ranging from maintenance fee exceptions, covering your property tax for a few years or even handing out cash discounts worth tens of thousands of dollars.

Following the introduction of the Places to Grow Act, our provincial government has placed a great emphasis on intensification, resulting in a shift in housing type toward higher-density designs. In simpler terms, our industry was asked to build up, not out.

This has resulted in an increase in condominium construction, with the highrise sector holding approximately 60 per cent of the market share of new homes. That’s quite different from a decade ago when ground-related homes outnumbered its condo counterparts three to one.

New highrise communities in the GTA have been recognized on provincial, national and even international levels through award-winning, world-class design. In addition to employing top local talent, the industry brings renowned Canadian and international architects to the GTA.

Best of all, by buying a condo in the GTA, you’re also helping the building and development industry drive the local economy forward. Every crane you see represents between 300 and 500 jobs in new-home construction. In fact, our industry creates more than 200,000 jobs every year and is one of the leading economic engines of the region and province.

As we like to say here at BILD, buy new and buy now!

Why condos make a good

choice forfirst-time Buyers

The highrise sector holds 60 per cent of the market share of new homes, whereas a decade ago ground-related homes outnumbered its condo counterparts three to one

010 new condo Guide may 10 - 24, 2014

an iconic address

takes root

REGISTER FOR A PRIORITY PREVIEW AT 11WELLESLEY.COM 416-861-1111

CONDOMINIUMS ON WELLESLEY BETWEEN BAY & YONGE FROM $199,900It’s time for something different. Introducing 11 Wellesley. It’s a landmark condominium community on a lush and abundant city park,

where you can easily connect, thrive, and flourish. Steps to the subway, in the heart of Toronto, on Wellesley between Bay & Yonge,

you can coexist with the simplicity of nature. It’s a magnificent refuge that links the electricity of city living with the beauty of a

substantial and spectacular park setting. Stunning suites, impressive amenities, and unparalleled views in every direction. Live Well.

Exclusive Listing Broker Milborne Real Estate Inc. Brokers Protected. Marketing Management by Anne Lambrou Living Visions Inc.

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

WELL 33426 Condo Guide.indd 1 2014-04-15 2:34 PM


table of contents

May 10 – 24, 2014

volume 18 issue 10

20

002 editor’s note

columnists

010 bild report Why condos make a good choice for first-time buyers by bryan tuckey

016 Home sweet Home Lessons learned, the easy way by Lydia Mcnutt

024 investor Advice What to expect from the condo market by andrew La FLeur

028 condo pro Condo shopping on-site or online by barbara LawLor

032 condo sense It’s planting time... on your balcony! by don kearney

034 tAxing issues Tips for first-time buyers by Henry cHoo cHong

050 legAlly speAking Buying your first home, step by step by jayson scHwarz

058 condo living Finances 101: Educating the Condo Corporation by sHLoMo sHaron

080 money mAtters Does money buy happiness? by gaiL Vaz-oxLade

082 mAke your move The Grandma Rule rules! by cHuck resnick

118 Quick tips Tidy up in just a few minutes a day by HeLLen buttigieg

120 designer Advice Conceal and reveal by yanic siMard

in the news

014 cmHc report CMHC changes its mortgage insurance product offering

084 bild AwArds Building industry celebrates quality and excellence

096 tHe mikey network The Mikey Network makes $500,000 commitment to place defibrillators in all Peel board schools

120

coluMns, news &

features

Oakville’s Rain COndOs

for only $500 a month

condo profiles

78 bsär 12º Queen Street’s 12º lives up to the hype

94 gerAnium Homes Pace on Main A new condominium experience in Stouffville

100 tHe dAniels corp. daniels FirstHome aurora Daniels FirstHome Aurora soon to make a double debut

116 edensHAw Homes & 45 cHArles ltd. cHaz.yorkville Unbeatable value in Yorkville, and the life you’ve been looking for

124 vHl developments 2150 condos & Haven on the bluffs For affordable, chic condo living VHL Developments creates two stylish Scarborough options

102 two men And A truck Two Men and a Truck celebrates corporate store grand opening in Mississauga

104 spAllAcci group & vAlery Homes A century of Canadian luxury reimagined with The Residences of Royal Connaught

128 lemine/devron developments The Academy Condominiums present a unique opportunity in real estate investment

homebuyers’ help

030 mArketplAce Balcony bliss by sara duck

038 sweetest suites Liberty Development Corp.’s model suites at Royal Gardens Condos inspire and impress

046 purcHAser profile Aspen Ridge’s Studio community smart choice of physician couple

052 builder profile 10 Minutes with Urban Capital’s David Wex and Mark Reeve

054 finAnces Saving tips for first-time homebuyers

064 Homebuyers’ Help Top 10 mistakes first-time homebuyers make, and how to avoid them by Marnie bennett

070 Hot topic Buying your first home? It’s not just about location anymore by wayne karL

074 mortgAge mAtters Your first mortgage by wayne karL

090 condo wAtcH 905 Previews, new releases and grand openings in the 905

112 condo wAtcH 416 Previews, new releases and grand openings in the 416

114 condo Hunter’s cHecklist

136 Hot dAtes What’s happening in and around the GTA

137 condo buyers’ resource section You love the home, see what you can afford

142 index of Advertisers

C

M

Y

CM

MY

CY

CMY

K

142016_CondoGuide_PrintReady.pdf 1 2014-04-30 1:37 PM

78

94

100

124116

in the news

CMHC changes its mortgage insurance product offeringas part of the review of its mortgage loan insurance business, Canada Mortgage and Housing Corp. (CMHC) is discontinuing its Second Home and Self-Employed Without 3rd Party Income Validation mortgage insurance products effective May 30, 2014. Self-employed Canadians can still qualify for CMHC-insured financing through CMHC homeowner products with a validation of their income using traditional methods.

“CMHC helps Canadians meet their housing needs and contributes to the stability of the housing market and finance system,” says Steven Mennill, senior vice-president, Insurance. “As part of the review of its mortgage loan insurance business, CMHC is evaluating its products and services to ensure they are aligned with these objectives.”

As a result of changes to CMHC’s mandate to contribute to the stability of the housing market, benefitting all Canadians, while effectively managing and reducing taxpayers’ exposure to risk, CMHC is undertaking a review of its mortgage loan insurance business. This is the first set of changes resulting from this review.

CMHC Second Home and Self-Employed Without 3rd Party Income Validation will remain available for new mortgage loan insurance requests submitted to CMHC before May 30, 2014, regardless of the closing date of the home purchase. As is normal practice, complete borrower and property details must be submitted by a lender to CMHC when requesting mortgage loan insurance.

Combined, CMHC Second Home and Self-Employed Without 3rd Party Income Validation account for less than three per cent of CMHC’s insured business volumes in units. Given the limited use of these products, their discontinuation is not expected to have a material impact on the housing market.

As Canada’s national housing agency, CMHC draws on more than 65 years of experience to help Canadians access a variety of quality, environmentally sustainable, and affordable housing solutions that will continue to create vibrant and healthy communities and cities across the country.

As is normal practice, complete borrower and property details must be submitted by a lender to CMHC when requesting mortgage loan insurance

014 new condo guide may 10 - 24, 2014

DON’T WAITANSWER THE CALL OF THE NORTH

416.351.1844danielshighpark.com

Nestled within one of Toronto’s most desirable neighbourhoods, steps to 399 acres of nature in High Park and the boutique shops and restaurants in Bloor West Village. HighPark Condominiums is one of the most successful selling communities in the GTA.

GO NORTH and become part of the success.

WHERE MODERN URBANMEETS MOTHER NATURESophisticated Suite Finishes • Dog Spa

Unique Resident Bike Program • Gardening Plots Indoor/Outdoor Fitness Studio • Climbing Wall Party Room with Outdoor Terrace and View of High Park and Beyond • Quick and Easy Access

to Two Subway Stations and Much More

*GO NORTH program is only available on north facing suites. No interim occupancy fees up to a maximum of 6 months. Parking and locker incentive only available on suites over 535 sq. ft. Limited time o� er. Conditions apply. See sales representative for full details. Exclusive Listing: CityLife Realty Ltd, Brokerage. Brokers Protected. Prices, specifi cations and programs are subject to change without notice. Illustrations are artist concept.. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without written permission of The Daniels Corporation, is strictly prohibited. See Sales Representative for full details. E. & O.E

ALREADY UNDER

CONSTRUCTION

GO NORTH and discover how Daniels is making it easier than ever to live the High Park lifestyle!

INCREDIBLE CASH INCENTIVES*

FREE PARKING AND LOCKER*

LIVE FREE WITH NO INTERIM OCCUPANCY FEES*

ONE YEAR FREE MAINTENANCE*

SUITES FROM THE

$300,000s

Visit our Presentation Centre:

2150 Bloor Street West

Hours:

Mon, Tues & Thurs: 12-6pmWed: 12-8pmSat, Sun & Holidays: 12-5pmFriday: closed

DANHPK14025 North Suite CondoGuide MAY.indd 1 2014-04-29 3:39 PM


In my 10 years as an editor of real estate publications, I have picked up a few things. Get

pre-approved for a mortgage. Don’t buy beyond your means. Choose your location wisely. I’ve read this same advice time and time again, reiterated by various columnists. I’ve even written a few articles myself on these subjects. But when it comes to learning, nothing beats first-hand experience.

Having recently bought and sold a home, one thing I’ve discovered is that it’s always better to learn from someone else’s mistakes rather than your own.

In our hunt for a home, my husband and I came across some interesting scenarios worth sharing. With a whole year of open houses under our belts before putting our own house on the market, we quickly learned how not to attract buyers.

home sweet home // by Lydia mcNutt

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 Wall2Wall Media,

where real estate rules. Email [email protected],

and follow her on Twitter @LydiasTweets

›› in the “dog house.” My family’s beloved yellow Lab, Fred, holds a special place in our hearts, but I know not everyone feels the same way about house pets. Some people have allergies, some have phobias, and others just don’t care for them. My husband and I visited an open house with a pretty living room, a renovated and updated kitchen, and a large garage – perfect! But wait, what’s that noise? A pair of howling dogs crated in the garage were making their presence known to everyone who walked through that front door, and probably everyone within a five-mile radius! After enduring 10 minutes of incessant barking, we couldn’t get out of there fast enough. LessoN LearNed Before opening your home to potential buyers, neutralize it of anything questionable. This includes the lingering aroma of last night’s fish fry, the remnants of that do-it-yourself cheese-making experiment and every indication of pets. Even seemingly insignificant things can be enough to influence a prospective homebuyer’s decision

– consciously or subconsciously. When in doubt, take it out.

›› our home is your home? It’s not mandatory that the sellers vacate the home for an open house, but it’s a good idea. You’ve heard that prospective buyers can have difficulties picturing themselves living in your house if they see your family photos on display. Well, that goes double for seeing you in the flesh. We went to an open house and there were the homeowners, drinking coffee with their feet up in their living room – not ours. We felt like intruders. LessoN LearNed Typically an open house lasts for only about two hours. Go for a walk, go out for lunch, go to the grocery store. Just go!

›› dumping ground I actually went to an open house where I found a filthy toilet brush, dirty rags and a slop bucket stashed in the shower. Unfortunately for the sellers, this shower was enclosed in glass and thus, a very poor hiding place. “Gross,” I thought. I didn’t need to see any more.

Speaking of “dumps,” there’s a house in my neighbourhood that has been on the market for more than a year. It’s not a bad looking house, so what’s the problem? Maybe it’s the slightly high asking price, or perhaps its lack of saleability has something to do with the totalled car parked in the driveway, dripping oil, its bumper dangling by a thread. LessoN LearNed A first impression is the only impression. Don’t waste this opportunity by showing your home in a less-than-perfect light.

While this all seems like common sense, some people don’t have it. The funny thing about these three scenarios is, the homeowners were all represented by selling agents who likely advised them on best practices. Do yourself a favour

– follow professional advice, and learn by example. Before having your own open house, visit as many as you can, take note of what you liked about them, and what you didn’t. Then, learn from other people’s mistakes – not your own!

Lessons learned, the easy way

016 New coNdo Guide mAy 10 - 24, 2014

Monarchfirst.Before the ‘60’s changed the world. Before the Baby Boom began. Before the Roaring ‘20’s took us dancing to the Charleston or out to the movies, Monarch was here. First. For 96 years, families have trusted Monarch for the most important investment of their lives. So choose the one builder who has always been there for Canadian families. And visit Monarch. First.

MONARCH COMMUNITIES

SALES CENTRE HOURS: Mon.- Thurs. 12pm - 6pm, Weekend & Holidays 12pm - 5pm, Closed Fridays

MARKHAM | GARDEN COURT | UNDER CONSTRUCTION | FROM THE $400’s Appointment Only416-495-3595

ETOBICOKE WATERFRONT | LAGO | UNDER CONSTRUCTION | FROM $219,990 Sales Centre located at 2167 Lake Shore Blvd. W.416-495-3544

DOWNTOWN TORONTO | PICASSO | UNDER CONSTRUCTION | FROM THE $400’s Sales Centre located at 256 Queen St. W.416-495-3549

THE KINGSWAY | EPICUREAN | NOW OPEN | FROM $241,990 Sales Centre located at 4195 Dundas St. W.Entrance on Prince Edward Dr.416-495-3530

ETOBICOKE WATERFRONT | WATERSCAPES | UNDER CONSTRUCTION | FROM $399,990 Sales Centre located at 2167 Lake Shore Blvd. W.416-495-3544

ETOBICOKE WATERFRONT | RIVA DEL LAGO | NOW OPEN | FROM THE $300’sSales Centre located at 2167 Lake Shore Blvd. W.416-495-3544

CONDO GATEFOLD INSERT FRONT

first.discover moreMonarchGroup.net

Prices, specifications and promotions are subject to change without notice. E.&O.E. 10686


10686 MON COR Condo Guide Insert RivaPicasso.indd 1 2014-05-01 5:13 PM

John St.

Peter St.

Queen St.

Richmond St. W.

BUILDING LOCATION

SALESCENTRE

N

Private, personal boutique chic on the Humber Bay Shore’s waterfront. You’re one of a kind, not one of the crowd. That’s what Riva del Lago is all about. A more personal experience; right on the waterfront. Visit today. Because Riva is not like the rest.

Waterfront Boutique Condos Now Open from the $300,000’s*

Riva makes waves

Monarch first.

RIVA DEL LAGO SALES CENTRE 2167 Lake Shore Blvd. W. Etobicoke, ON M8V 0A8Tel: 416-495-3544

SALES CENTRE HOURS: Mon.-Thurs. 12pm – 6pm, Weekends & Holidays 12pm – 5pm, Closed on Fridays

GARDINER EXPRESSWAY

Lake Shore Blvd. W

Marine Parade Dr.

Par

k L

awn

Rd

.

SalesCentre

Lake Ontario

*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.

MonarchGroup.net

Experience the epitome of downtown luxury. Feel the pulse of the Entertainment District. Surrounded by theatre and restaurants. Live a stroll from the city’s hippest clubs. This is Picasso on Richmond. An artful expression of style. Now under construction at the heart of the Entertainment District.

Downtown Toronto Condosfrom the $400,000s*

Black-tie living in an urban masterpiece

PICASSO SALES CENTRE 256 Queen St. W. Toronto, ON M5V 1Z8Tel: 416.495.3549 SALES CENTRE HOURS: Mon. – Thurs. 12pm – 6pm Weekends & Holidays 12pm – 5pm, Closed Fridays

GRAND OPENING SPECIAL PROMOTIONS! NEW PURCHASER INCENTIVES! 2 years free maintenance fees!* AND Up to $10,000 Design Studio Credit*

Actual Vignette Model from the Sales Office

CONDO GATEFOLD INSERT BACK

discover moreMonarchGroup.net first.


Monarchfirst.Before the ‘60’s changed the world. Before the Baby Boom began. Before the Roaring ‘20’s took us dancing to the Charleston or out to the movies, Monarch was here. First. For 96 years, families have trusted Monarch for the most important investment of their lives. So choose the one builder who has always been there for Canadian families. And visit Monarch. First.

MONARCH COMMUNITIES

SALES CENTRE HOURS: Mon.- Thurs. 12pm - 6pm, Weekend & Holidays 12pm - 5pm, Closed Fridays

MARKHAM | GARDEN COURT | UNDER CONSTRUCTION | FROM THE $400’s Appointment Only416-495-3595

ETOBICOKE WATERFRONT | LAGO | UNDER CONSTRUCTION | FROM $219,990 Sales Centre located at 2167 Lake Shore Blvd. W.416-495-3544

DOWNTOWN TORONTO | PICASSO | UNDER CONSTRUCTION | FROM THE $400’s Sales Centre located at 256 Queen St. W.416-495-3549

THE KINGSWAY | EPICUREAN | NOW OPEN | FROM $241,990 Sales Centre located at 4195 Dundas St. W.Entrance on Prince Edward Dr.416-495-3530

ETOBICOKE WATERFRONT | WATERSCAPES | UNDER CONSTRUCTION | FROM $399,990 Sales Centre located at 2167 Lake Shore Blvd. W.416-495-3544

ETOBICOKE WATERFRONT | RIVA DEL LAGO | NOW OPEN | FROM THE $300’sSales Centre located at 2167 Lake Shore Blvd. W.416-495-3544

CONDO GATEFOLD INSERT FRONT


Prices, specifications and promotions are subject to change without notice. E.&O.E. 10686



• VISIT OUR SALES CENTRE & DECORATED MODEL SUITE• WALK THROUGH ACTUAL ALMOST-READY SUITES!

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BAZI-ECO-A-AD-CONDOGUIDE-APR24-2.indd 1 14-04-30 1:33 PM


cover story

Oakville’s Dynamic Rain cOnDOs fOR Only $500 a mOnthspring has sprung and rain

condos has brought an exciting

new opportunity for purchasers that will make owning a new condo in the heart of Oakville much easier.

With The $500 a Month Home Ownership Event, purchasers will pay just $5,000 down and $500 a month for 18 months and the balance of 15 per cent on occupancy to call the desirable Oakville Rain Condos

“home.” It’s an attractive payment plan that real estate investors and first-time buyers will no doubt welcome.

“At Empire, we are constantly looking for ways to make purchasing a new home or condominium that

much more attainable,” says Paul Golini, Executive Vice-President of Empire Communities. “We believe this program can help make the difference between being able to purchase a new home and having to wait a few years longer.”

Prices at Rain Condos start from the $200’s

020 new condo guide may 10 - 24, 2014 may 10 - 24, 2014 new condo guide 021

Designed by architects Enzo Corazza and John Chimienti, from the award-winning firm Graziani + Corazza, Rain Condos offers purchasers a variety of different suite types from one-bedroom homes to spacious two-bedroom-plus-dens, each designed and finished with Empire’s high level of craftsmanship in addition to contemporary styles, detailing and materials.

Visitors to the presentation centre will welcome the opportunity to walk through the Bryon Patton-designed model suite where they can see, touch and experience the gorgeous interiors, the flowing spaces, the vibrant colour palette and imagine the possibilities.

Currently under construction, Rain Condos is located in the heart of Oakville on the northeast corner of Kerr Street and Speers Road. Rain is an elegant two-tower master-planned community that will become the northern gateway to the vibrant and revitalized Kerr Village. Prices at Rain Condos start from the $200’s.

Amenities at Rain Condos epitomize the benefits of a carefree lifestyle residents enjoy with condominium living, and include a 24-hour concierge, indoor pool, exercise room, and a yoga and pilates studio. Residents at Rain Condos will enjoy entertaining their guests in the beautiful party room in rich wood tones highlighted by a soothing linear fireplace. There is a full kitchen and private dining area, and a landscaped rooftop terrace complete with privacy cabanas, a barbecue and seating areas. In addition, there is an entertainment room, perfect for meeting with friends or just relaxing after a long day’s work.

Located a short distance to Oakville’s sophisticated downtown core and its quaint waterfront Village of Bronte, residents at Rain will enjoy everything from luxury brand-name fashions and one-of-a-kind antiques to fine dining establishments, charming cafes and grocery store.

about empire communitiesVaughan-based Empire Communities (empirecommunities.com) is a residential builder and developer involved in all sectors of the new-home building industry, including both lowrise and highrise and ranging from luxury to affordable housing. Empire Communities has an established tradition of creating prestigious, award-winning new homes, communities and amenities and has earned a reputation for outstanding attention to detail and customer service.

To learn more about all that life at Rain has to offer or the $500 a Month Home Ownership Event, please speak to a Sales Representative or visit the designer-decorated model suite at the presentation gallery at 521 Kerr St., visit RainCondos.com or call 905.845.RAIN (7246). Presentation centre hours are from Monday to Friday, noon to 6 p.m.; Saturday, Sunday and holidays, noon to 5 p.m.


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$479,990Suites from 33 Bloor St. E

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What to expect from the condo market

investor advice // by andreW la fleur

It’s an exciting time for condo investors in the Greater Toronto Area. In the midst of the

typically busy spring market, here’s what I see sprouting in the 2014 condo landscape:

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]

1. more new launchesLast year turned out in many ways to be a much better than expected for the new condo market. Many of the so called “experts” were saying at this time last year that 2013 was going to be an absolutely dismal year for new condo sales. It turns out that it was actually a pretty good year, and the past few months in particular have shown that large condo buildings can still sell out quickly if the conditions are right. Developers that I speak to every day are feeling much more confident and ready to launch many exciting new projects this spring.

2. competitive pricingThe condo projects that did extremely well and sold the most number of units in 2013 were those that priced their product in line or below that of equivalent resale. The projects that languished the most in 2013 were mostly those whose pricing was more in line with the record-breaking days of 2012 where investors were willing to pay large premiums above current resale values to get into pre-construction sites.

Now far removed from those crazy days of 2012, developers have for the most part realized that if they offer truly great value to investors, they will buy. If investors don’t clearly see the value equation, they are passing over sites completely – especially those in “B” locations.

3. re-launching existing projectsSome of the projects that did not sell well in 2013 will likely re-launch under new names or with new branding and with new pricing/incentives. As long as the value is there for investors, these projects will still perform well. Investors don’t care if it’s called XYZ Condos or ABC Condos, as long as they see the potential for a good return on their investment dollar they are happy.

024 neW condo Guide may 10 - 24, 2014

2 BEDROOMLEASEBACK PROGRAM$3,000/MONTH FOR 2 YEARS

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PRESENTATION CENTRE373 King Street West, Suite 302Toronto, ON M5V 1J6

OPENING HOURSMonday to Thursday12pm-6pmSaturday & Sunday12pm-5pmClosed Friday

Tel: 416-546-7525E: [email protected]


You can find anything on the Internet these days – even your new home! At least, you can do

a lot of your shopping for just the right condominium without ever leaving your computer chair. And what a luxury that is! The Internet is one of the most powerful research tools we have in the industry. Anyone thinking of purchasing a suite in a new building can save a lot of time and footwork by doing their electronic “homework” first.

Before you walk into a sales office, you can learn a lot about a builder, municipality, community and condominium online. There’s a certain appeal to being able to sit in your pajamas and check out builder

websites, print off floor plans of interest, and look at what features and finishes are offered. Websites are a critical marketing tool for builders too, so they are devoting a great deal of time and effort into making their sites attractive, information packed and easily accessible. By researching on the Internet first, you can shop without feeling any pressure or distractions, and you can streamline your questions when you visit sales offices to make the most of your time with the sales representatives.

Nowadays, pretty much across the board, visitors to sales offices have already been to the builders’ websites and know a lot about the buildings, as well as the builders. People like to feel confident about whom they are purchasing from. You can check the Building Industry and Land Development Association website, too, as well as Tarion. Find out everything you can about your rights as a new-home buyer.

And builder websites offer so much more. Check out features and finishes, and things like construction progress. It’s amazing what can be put online now, including videos of construction milestones and even virtual walkthroughs of spectacular suites. Some sites enable you to enter the location you’re interested in, the type of condo suite and price range, and obtain information on the buildings that fit your criteria. It’s so handy. With the vast assortment of online resources at their fingertips, people can envision their lives in specific suites, right down to how they might decorate and furnish them.

In short, the Internet is now a preferred method for people to pre-qualify themselves as condominium buyers. Of course, nothing replaces the tactile experience of entering a sales centre and touring a model suite – but remember that because of technology, the world is getting smaller by the minute. Computer technology is so sophisticated now, that it’s the next best thing to being there in person.

As for the buildings themselves, web users appreciate fly-bys. A lot of builders are creating these virtual 3D renderings of the condominium within the context of its surroundings, including the circumference of the building itself. For the computer user, the experience is like flying – swooping past the exterior and into the lobby, amenity areas and suites. Visitors can enjoy this virtual experience sitting at their home computers. And of course, potential purchasers can ask questions and obtain further information by e-mail or phone.

The purchase of a condominium suite will be one of the largest financial investments you ever make. Use every tool at your disposal to help you choose just the right suite and get the most for your money. Sometimes the Internet is criticized for being impersonal, but all these fabulous advances in technology have made condominium shopping there more personal than ever before. Let’s face it – you can’t get more personal than shopping in your pj’s!

condo pro // by barbara lawlor

on-site or online

condo shopping

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

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

condominium developments in the GTA and overseas.


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*The First Home Boost Program is only available on a limited number of suites. Conditions apply.

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

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NEW PRICING FROM THE $300’SONLY 5% DEPOSIT * UP TO $20,000 CASHBACK NEW FLOORPLANRELEASE10-FT CEILINGSAND ALL THAT CHAZ.Yorkville living at Chaz.Yorkville sets the bar high! What do you want to get out of city

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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.

VISIT THE SALES CENTRE TODAY!CHAZYORKVILLE.COM | 416.922.0045SALES CENTRE LOCATED AT 101 YORKVILLE AVE. SITE LOCATED AT 45 CHARLES ST. EAST MON. – THURS. & SAT. – SUN.: 12PM – 6PM, FRI.: 2PM – 6PM, STATUTORY HOLIDAYS: OPEN

Dupont St.

Bloor St.

Wellesley St.

Bay St.

Church St.

Yong

e St.

45 Charles St. E.

Isabella St.

Avenue Rd.

Yorkville Ave.

Sales Centre

U of T

CHAR 33411 Condo Guide.indd 1 14/04/14 5:21 PM


condo sense // by don kearney

Don Kearney is manager of customer communications and social media at

Menkes Developments Ltd. Follow Menkes on Facebook at facebook.com/MenkesLife, and on Twitter at twitter.com/MenkesLife

If you live in a condominium that has plenty of greenspace, it may be enough to satisfy your need

for green, yet if you love gardening but feel like condo living may not provide you with that outlet, it’s time to rethink your balcony space and turn it into a lush and useful garden to call your own.

It’s plantIng tIme... on your balcony!

One of the first considerations before starting a balcony garden will be to decide what kind of garden you’d like to grow. If you’re someone who loves colour, flowers are the way to go. If you want a serene setting, grasses and succulents are your best bet. Are you an avid chef? If so, there are many herbs and spices that grow well in containers.

The other major factor to consider before planting is the amount of sunlight your balcony receives. This can dramatically affect what you can plant in your outdoor space.

Finally, it’s also a good idea to check with your property manager regarding your condominium’s rules and regulations about what kinds of containers are acceptable for use on your balcony.

There is an array of flowers to suit any colour palette and sun/shade combination. Full sun generally means more than six hours per day and flowers like ornamental peppers, marigolds and cupflower are great sun worshipers that often resist fading. For shade flowers, impatients, fuchsia, begonias or browallia will add colour without the need for hours of direct sunlight. Additionally, many of the above-mentioned flowers are also suitable for partial shade (less than six hours of sunlight) and all grow well in pots or planters.

To create a serene space, ornamental grasses and succulents, mixed with appropriate furniture and accented ornaments, are often used with a great degree of success. In addition, succulents such as aloe or jade plants require very little care and minimal watering, making them the ideal plant if you don’t have an exceptional green thumb. Feather reedgrass, blue oatgrass and zebragrass grow well in the sun whereas purple moorgrass, blue fescue and purple millet do better in partial shade.

Growing your own herbs on your balcony will add zest to your cooking many do well in container gardens. Mint is a great container herb as it tends to overrun a garden if not contained. Basil, tarragon, lavender, oregano, thyme and rosemary all do well in full sun with chives, cilantro (coriander) and lemon balm being tolerant of partial shade.

Now is the time of year to think about what kind of container garden you want and prepare yourself for a summer of colour, Zen relaxation or delicious herbs, all from the comfort of your own balcony garden.

If you love gardening but feel like condo living may not provide you with that outlet, it’s time to rethink your balcony space and turn it into a lush and useful garden to call your own

032

For online bookings go to www.plaza-network.com/booking/FlightInfo.aspx?ECONREF=W2W2014

All amenities are included in the price of entry including bar service after 11:00 a.m. (Toronto, Vancouver) and 10:00 a.m. (Edmonton)

Single entry lounge pass starting from $33.25 tax inclusive ($24.50 children ages 2 – 11) for 2 hours lounge use. 3 hour and 6 hour lounge use also available**** Online bookings only; higher rates apply for walk-in lounge use

// By henry choo chong

Q We would like to buy our first condo within the next

several months. Our plan is to save a little more and buy a larger place. We have approximately five per cent for a down payment and about $1,500 set aside for closing costs. Is this a good time to buy?Shelley and Chris, Toronto

taxing issues

aBuying a home to live in as your primary residence continues to be one of the best investments over the long haul.

The sale of a family’s principal residence is tax exempt, and will always be a great investment over the long term. We all have to live somewhere! It makes economic sense to make monthly payments to your own home rather than fatten a landlord’s pockets.

First-time buyers, should consider the following:›› Determine what you can afford and stick to that price. Too often,

first-time buyers are shown several homes and the only one they desire happens to be thousands of dollars over budget.

›› Shop and negotiate with several financial institutions for the best mortgage interest rate, terms and conditions. You may be surprised at how competitive banks are for your mortgage business.

›› Set a formal plan to help save for your first home. Sit down, plan steps necessary to achieve your goals, and follow through. Goals can be achieved using three easy steps: discipline, discipline and more discipline.

›› Improve and maintain your credit rating by paying all your bills on time. A one-day-late payment is still considered late. This could influence your negotiating power for the best mortgage.

›› First-time homebuyers should make sure monthly mortgage payments are manageable and will continue to be so, even if interest rates rise in the next several years and payments increase.

›› Put down as much as possible to avoid taking out a high-ratio mortgage that incurs additional costs and interest. A five-per-cent down payment on your condo leaves little equity. Consider waiting until you have a larger down payment.

›› Set aside an additional two to three per cent of the purchase price of the condo for closing costs such as legal fees and disbursements, moving cost and other incidentals. An amount of $1,500 will not be sufficient for closing costs and you will have problems on closing day. Speak to a lawyer and he or she can give you the heads up on what to expect.

›› Take advantage of the first-time Home Buyers’ Plan. An individual and their spouse, provided they qualify, may withdraw up to $25,000 tax-free each from their RRSPs. You will have 15 years to repay the amounts to your RRSP, starting after the second year of your withdrawal.

Follow the real estate market trends and buy when you are ready, not when the market is ready for you.

The opinions and views expressed herein are those of the author and not

those of New Condo Guide. New Condo Guide does not necessarily endorse or encourage any specific tax strategies.

Please consult a tax professional for advice specific to your

particular situation.

Henry Choo Chong is a certified general accountant. He sits on many committees

and provides accounting and tax services to individuals and businesses in the GTA. He can be reached at 416.485.5225. Questions

to Taxing Issues can be emailed to [email protected]

tips For First-time Buyers


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

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Liberty Development Corp.’s model suites at Royal Gardens Condos inspire & impress

SweeteSt SuiteS

Designed by Kirkor Architects and finished by Liberty’s professional design team, suites at Royal Gardens Condos are large and liveable. the kitchens in the model suite feature granite countertops, european-style cabinets and stainless steel appliances.

Fresh InspIratIon

LibeRty’S RoyAL GARDenS ConDoS has quickly became one of Richmond Hill’s most successful master planned communities. Condo buyers have responded to Royal Gardens’ striking design, efficient suite layouts, exquisite finishes, dynamic amenities, and industry-leading

commitment to sustainable development. Buyers have also responded to the community’s prime location, in the heart of Richmond Hill, along Hwy. 7 near Hwy. 404.

Now built and occupying, Royal Gardens Condos has a selection of prime suites available.

038 new ConDo GuiDe may 10 - 24, 2014 may 10 - 24, 2014 new ConDo GuiDe 039

Condo buyers have responded to Royal Gardens Condos’ striking design, efficient suite layouts, exquisite finishes, dynamic amenities, and industry-leading commitment to sustainable development

038 new ConDo GuiDe may 10 - 24, 2014 may 10 - 24, 2014 new ConDo GuiDe 039

Now built and occupying, there’s a perception that those who didn’t get in yet to this iconic Richmond Hill master planned community have missed the opportunity. But that’s not correct. In fact, Liberty has held back an array of prime suites, giving buyers one last chance to live at Royal Gardens Condos. “Anyone who wants to experience the amazing suite designs first hand, or get familiar with the area and its schools, community centres, shopping destinations, or restaurants, should visit our Model Suites and talk with our sales team,” says Liberty’s Sales and Marketing Manager, Shawn Richardson.

“ Determined to deliver high design in a functional way, suites at Royal Gardens Condos offer today’s buyer a classic, yet contemporary aesthetic,” says Brent Zavitski, Liberty’s Interior Designer. “The suites are warm and inviting. The material palette boasts reflective and high-shine finishes, creating a bright suite that captures the light.”

the elegantly designed bedroom (below) offers plenty of space to unwind after a long day. the sumptuous bathroom shown in the model suite (left) showcases a cultured marble vanity with a large mirror.

For more information on Royal Gardens Condos, visit the sales centre at 370 Hwy. 7 E, Unit 113, open Monday to Wednesday from noon to 7 p.m.; closed Thursday and Friday; open weekends and holidays from noon to 6 p.m. Call 905.889.9997 or email [email protected].

040 new ConDo GuiDe may 10 - 24, 2014

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

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Purchaser Profile

andrei and Galina arvinte live in niaGara falls and travel

to toronto frequently. When they purchased a suite at Aspen Ridge’s successful Studio condo community, they bought with the future in mind. “Our teenage daughter, Cassidy, will likely pursue post-secondary education in Toronto,” Andrei says, “and she could live in the suite while she attends school. Until then, we can use it as an investment property or a pied-à-terre when we’re in the city, especially if I need to come to Toronto to work in the hospitals along University Avenue. The suite will eventually be a retirement residence.”

The Arvintes are physicians who, along with their daughter, love Toronto. “The Studio on Richmond community is in a wonderful location,” Andrei says. “It’s right between the city’s Cultural and Financial Districts. We enjoy attending events at the Royal Alexandra Theatre and the Four Seasons Centre for the Performing Arts, and we can walk to those from the condominium, as well as the convention centre, CN Tower and the lake. Location was definitely at the top of our list when it came to our purchase decision.”

Now well under construction south of Richmond on Duncan, the Studio community is just south of OCAD University and the Art Gallery of Ontario. Within a few minutes, residents can access the King and Queen subway, the PATH system, and hundreds of restaurants, galleries, museums and lounges. This sought-after area is being referred to as Toronto’s

“New Yorkville.” Andrei says they “discovered” Studio when they were in

asPen ridGe’s studio coMMunity smart choice of physician couple

Toronto for a medical convention. “While strolling around, we saw the signs for the condo. We spent the day visiting condominium presentation centres so we could make an educated decision.” Originally, the Arvintes purchased a two-bedroom suite in Studio2, but changed their minds to a 946-sq.-ft. Sky Suite in Studio1, “because of the larger living space and the third bedroom, which we can use as a guest room or office. In addition to more flexibility, this suite is located on a much higher floor and will have spectacular city views.”

Andrei, Galina and Cassidy are looking forward to having the 8,000-sq.-ft. space that will be available for use by OCAD U as an art gallery right in their building. They are also impressed with the Mike Niven Interior Design-appointed amenities. The condo’s “WE” facilities include a media lounge, party room, billiards room and dining room with kitchen; and “ME” amenities encompass a steam room and hot tub to the Yoga Lounge, Winter Lounge and exercise facilities with floor-to-ceiling mirrors and massive windows.

Andrei adds that Aspen Ridge was accommodating when it came to making some requested changes in the suite design. “Our purchase experience has been wonderful. The sales representative was attentive, honest and promised what she knew Aspen Ridge could deliver on. Everything was professional and straightforward. She helped us so much that we remain friends to this day.”

The suites in both Studio and Studio2 offer luxurious appointments such as kitchens with Miele appliances, the choice of granite or CaesarStone countertops, ceramic backsplash and Hansgrohe faucets; the choice of Torlys engineered wood floor or Torlys Smart Floor; nine-ft. ceilings; a deep soaker tub; and a balcony or terrace (as per plan). Choices range in size from 592 to 1,357 sq. ft. and start from $367,990. For a limited time, you can purchase with just five per cent down and get one year of free maintenance. Move-ins are slated for 2015.

Visit the Mike Niven-appointed Studio presentation centre and model suite at 25 Nelson St., open every day except Friday, from noon to 6 p.m. Call 647.35ASPEN (647.352.7736) or visit STUDIOcondos.ca.

046 new condo Guide mar 29 - apr 12, 2014

LIVE AT STUDIOBE DOWNTOWN

SUITES FROM THE$300’S

Brokers Protected, Limited Time offer. See Sales Rep for full details. Prices, Specifi cations and programs are subject to change without notice. Illustrations are artists concept. E & O.E. *Provided the purchaser completes the transaction on the contemplated unit transfer date the purchaser shall receive a credit on the statement of adjustment in the amount equal to12 monthly common expense fees relating to the unit and any parking or storage applicable. Deposit 5% down and 10% due on occupancy. studiocondos.ca • 647.352.7736

Richmond St.

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

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

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

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

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

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

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

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13-1185 THESTATION_CG_NOV16.pdf 1 13-11-11 10:30 AM

Don’t be afraid, take your time, do your research to identify the area you like, the services available to you and ensure that there are no hidden matters that could affect your decisions. What do I mean? No old dumps in the area; no commercial malls to be built right next door; what are the amenities in the area? Go to the local municipal office and check with the planning and zoning departments to ensure you know exactly what your neighbour and neighbourhood will be.

Next, speak to the mortgage specialists at the bank you deal with and at the same time, consult a reputable mortgage broker. Find out how much money you are entitled to borrow and how much of a deposit you’ll need to put down. This will allow you to focus on homes that are within your budget. Get a pre-approval in writing so you have something to rely on, because it is critically important that you do not get caught up in the rush of buying a home beyond your budget. Nothing is worse than living for the home, not living in the home.

Once you identify how much you can comfortably afford to spend, determine the type of home that makes sense for you and your family. Condo living provides a carefree lifestyle – someone else cuts the grass and shovels the snow – but you pay condo fees and sometimes others determine how the amenities, if not your unit itself, can be used. Traditional detached homes provide the freedom to do what you want but maintenance and upkeep fall on your shoulders.

Lawyers are next. Look around for one by starting with media and check magazines, newspapers, listen to radio and watch real estate television. 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 up front, 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. However, this just gets you someone in your area. You need to really 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.

Once you’ve found the right area, type of home and lawyer, it’s time to find the right real estate agent. Be careful, you want someone who will work for you within your budget and area. Drive around, check out signs, read the papers and speak to your lawyer.

legally speaking // by jayson schwarz

Jayson Schwarz LL.M. is a Toronto real estate lawyer and partner in the law

firm Schwarz Law LLP. Visit schwarzlaw.ca or send an email to [email protected]

and give us your questions, concerns, critiques and quandaries.

step by stepBuying your first home,

Identify how much you can afford to spend, and determine the type of home that makes sense for you and your family

Here you are, getting ready to embark on your new life and ready to make what

may be the largest single purchase that you will ever make when you are confronted by daily doses of economic doom. “What do I do?” you ask yourself.


Builder Profile

10 minutes with... urBAN CAPiTAl

The mosT gifTed eNTrePreNeurs have imagination, energy, razor-sharp reflexes, boundless appetite for innovation, and underpinning it all, a sense of responsibility when it comes to their clients, colleagues and the context within which they operate. Case in point, David Wex and Mark Reeve, founding partners of pioneering Urban Capital. Since their landmark start in 1996 with Camden Lofts – one of Toronto’s first design-focused urban condominiums and the first in the King-Spadina district – Wex and Reeve have revived many downtown Canadian locales to the point of thriving with one of their fearlessly striking structures. Urban Capital stops at nothing to make architectural progress; new and improved is their default mode. Wex and Reeve are either applying cutting-edge, high design solutions to knotty old problems, or revitalizing a neglected neighbourhood where no residential developer has ventured before. Essentially, the co-partners won’t see the nation left behind when it comes to state-of-the-art urbanization. Thanks to Urban Capital’s latest successes in Toronto, Ottawa, Montreal, Halifax and Winnipeg, other countries need to catch up to Canada.

Wex, a former lawyer, and Reeve, a real estate veteran, are open about the secret to their harmonious partnership. As Reeve puts it, “On any project only one of us is in charge. It’s a business where one person has to know all aspects of the work and have clear authority to make decisions and direct traffic. As developers, we’re the conductors of a large orchestra of professionals. We need to start by picking great players and then conduct with an inspired, steady hand.” The two helm separately but consult each other constantly. Reeve’s specialty is the financing that keeps everything in

New markets, new architectural approaches, new interior features and layouts, and new environmental measures – that’s the Urban Capital vision. Meet two men intent on getting more and more out of their industry, ensuring we get the utmost out of our cities and homes.

052 New CoNdo guide may 10 - 24, 2014 may 10 - 24, 2014 New CoNdo guide 053

10 minutes with... urBAN CAPiTAl

equilibrium. Says Wex, “I tend to be fascinated by urban issues, architecture and design, particularly industrial design.” One senses the mutual respect between the partners, furthermore the admiration they’ve garnered from peers in an industry where so much depends upon seamless collaboration.

You may well have heard of Urban Capital in association with their recent breakthrough (with Malibu Investments), Smart House, Toronto’s first micro-condo (and recent winner of the BILD award for Best Small Suite Design), where minimal square footage maximizes ingenuity. As sales figures show, Toronto loves the way hyper-efficient space makes a premium location affordable. Architectural critics are already singing the praises of River City, the spectacular West Don Lands development for which Wex and Reeve brought award-winning Montreal-based architects Saucier + Perrotte to Toronto to make a real difference.

As for Urban Capital’s funky new Southport development in Halifax: it was 80 per cent sold in one weekend. In Winnipeg, Urban Capital isn’t just introducing the Glass House, but also offering Winnipeggers an Urbanomics 101 seminar in downtown investment. That’s in addition to Urban Capital’s Ottawa-based Trends in Design series, the downloadable Urban Capital Magazine exploring design issues in depth, and Urban Capital’s sponsorship of the Canadian entries to the Venice Biennale, the AZ Awards and the Design Exchange.

What’s next for two such quintessential innovators? Wex’s mind is immediately on the move: “Having worked on improved space planning and amenities, the ‘Smart Home’ so to speak, and we’ll pay even more attention to energy efficiency. I’d like to take the product we’ve refined in highly competitive Toronto to new markets across the country, then maybe one day outside of Canada.” One thing is certain, Wex won’t relent in his intensely creative approach to business. Like all true revolutionaries, he’s a man of insatiable focus.

“As a mid-sized developer with two entrepreneurs at the helm we can shift gears quickly,” Reeve states. “If a great site appears out of thin air we can jump on it. Makes life interesting! I have projects underway that should result in the development of more than 3,000 new units within five years,” Reeve specifies – ever the numbers guy. “Ten years out I predict 10,000 units.”

New markets, new architectural approaches, new interior features and layouts, and new environmental measures – that’s the Urban Capital vision. Meet two men intent on getting more and more out of their industry, ensuring we get the utmost out of our cities and homes.

sNAPshoT

1. Key messAge We’re a creative, forward-thinking real estate development company whose principal motivation is to make Canadian cities look better. We are focused on breaking new ground in terms of location, design and Green living. We elevate urbanization to new levels.

2. Key PlAyers Urban Capital co-founder partners David Wex and mark Reeve

3. VAlues To be known as the most innovative property development company in Canada while providing top quality execution and service; we’re always thinking about the next great thing but still making sure we can actually deliver.

4. mArKeT NiChe We are urban regenerators who believe de-industrialized parts of our cities can come alive as vibrant urban centres. We enhance our clients’ urban lifestyles with high, smart, cutting-edge design.

5. PAsT ProjeCTs Camden; Charlotte; St. andrew on the Green; Boutique; Trinity Bellwoods; River City Phase 1, Toronto. mcGill Ouest, montreal. East market; mondrian; Central, Ottawa.

6. CurreNT ProjeCTs Toronto: Smart House; Tableau; Nicholas Residences; River City Phase 2 and 3. Ottawa: Central 2; Hideaway. Halifax: Southport. Winnipeg: Glasshouse.

7. AwArds Camden Lofts – City of Toronto Urban Design award

riVer CiTy PhAse 1 – BILD Best Building Design award

smArT house – BILD Best Small Suite Design award

mCgill ouesT – Finalist, aCQ Best Project of the year

052 New CoNdo guide may 10 - 24, 2014 may 10 - 24, 2014 New CoNdo guide 053

finances

Home ownersHip is a big dream for many young canadians, and is likely the single biggest investment most of us will make in our lives. While saving for a down payment can be challenging, Farhaneh Haque, director of mortgage advice at TD Canada Trust, says that young Canadians can save for a down payment a little quicker by following a few simple rules.

“First, examine your budget and set a savings goal,” says Haque. “Take advantage of online budgeting tools to gain insights into where you spend your money. Also remember that in addition to your down payment you will need to save for the additional costs involved with a home purchase, which include moving costs and legal fees.”

Next, curb your spending and increase your savings. “Even a small adjustment in your spending habits can go a long way toward helping you save a bigger down payment,” says Haque. “For example, consider using transit to get to work instead of driving and paying for parking – it can really add up over time.”

Saving tips for

firsT-Time HomebuyersOne of the most effective – yet

overlooked – strategies is to put money aside before you can spend it. Haque suggests setting up a regular, pre-authorized transfer service that moves a specific amount from each pay cheque into a high-interest savings account. Making savings automatic is a simple and effective way to stay disciplined while saving for a down payment.

Finally, Haque reminds first-time homebuyers that they may be able to take advantage of the federal government’s Home Buyers’ Plan. “Those who have been actively saving for their retirement can access up to $25,000 from their RSPs to bump up their down payment when they purchase their first home. The RSP funds must be paid back within 15 years, so it is important to factor this repayment into your monthly budget.”

For more advice on saving for a down payment, visit tdcanadatrust.com/homeownership. NC

Even a small adjustment in your

spending habits can go a long way

toward helping you save a bigger

down payment


be a part of something bigYOUR 35-ACRE FRONT YARD – ONLY AT CANARY DISTRICT

Exclusive Listing: Baker Real Estate Incorporated, Brokerage. Brokers Protected. Prices and specifications are subject to change without notice. E. & O.E.

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COMING SOON, THE EXCITING SECOND PHASE OF CANARY DISTRICTCanary Park Condominiums is the doorway to Canary District, which is Toronto’s visionary master-planned, transit-friendly, urban village just 5 minutes east of downtown. Suites from the mid $200’s. HOME TO ATHLETES OF THE 2015 PAN / PARAPAN AM GAMES.

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Get your copy now!416.626.4889

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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.

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newhomeguide.ca

Exclusive Broker. Prices and specifi cations are subject to change without notice. Illustrations are artist’s impression. E.&O.E.

Do you have an eye for what’s smart this spring?See if you can spot all four Smart House logos.

416.292.0219SmartHouseToronto.comSales Office Now Open11 Nelson Street, Toronto M5V 0G2

Smart condos at Queen and Universityfrom $229,900. Now that’s clever living.

Currently, the Condominium Act requires only three qualifications in order to become a member of the Board of Directors:01 The person must be at least 18 years old;02 The person is not an un-discharged bankrupt; and 03 The person is mentally competent.

There are no requirements to understand the financial matters of the corporation and yet the same Condominium Act requires the Board of Directors of a Condominium Corporation to approve financial statements reflecting all the condominium fees revenue and expenses, the investments of the reserve fund, and the financial position of the Corporation at year-end, before presenting them to the condo owners at the Annual General Meeting. The approval of the financial statements requires the signature of two directors on the balance sheet, to show their approval. In doing so, these directors are assuming great obligation.

The presentation of the Condominium Corporation’s financial statements can be difficult to understand. Some of the financial statements may include the balance sheet and the income statement, as well as various notes to the financial statements. Others will also include a cash flow statement. This all can be very confusing to the Board which needs to approve them – especially considering the fact that not all the Board members fully understand them. It is therefore critical that the Association of Condominium Managers of Ontario (ACMO) and the Canadian Condominium Institute (CCI) educate Board members about these financial statements. As the condo population grows, it relies on the Board of Directors to know that their financial affairs are in order and are well looked after.

It should be a mandatory requirement that Condominium Board members are financially educated at the beginning of their term on the Board, to better understand the financial reporting process. In addition, this will provide them with a better knowledge of the proposed budget, which requires their approval. It would also be extremely important that the Institute of Chartered Accountants ensure that there is uniformity and an understandable presentation process for the financial statements, as the reader of the condominium’s financial statements is a diversified group – probably more so than any other group – and needs to understand what is being presented to them.

Condo Living // by SHLoMo SHARon

Shlomo Sharon is CEO of Taft Management Inc. and a member of CCI since 2002.

Taft Management Inc. is an ACMO 2000-certified property management

company and has been providing property management services since 1996. Visit taft-forward.com for further

information or email Shlomo at [email protected].

FinAnCeS 101 Educating the Condo Corporation

The amount of money that a Condominium Corporation has on deposit in its reserve bank

account can range from $20,000 to over $2,000,000. The management of these funds, and the ongoing operating fund, is the ultimate responsibility of the Condominium Corporation’s Board of Directors.

As the condo population grows, it relies on the Board of Directors to know that their financial affairs are in order and are well looked after

058 new Condo guide may 10 - 24, 2014

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homebuyers’ help

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

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

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

2. Wasting time by looking at homes you can’t afford Most buyers don’t know what they can afford. It is critical that you know both your credit rating and how much of a mortgage you qualify for before you begin shopping for a home.

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

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

3. buying the wrong home The first thing prospective buyers should do is make a list of priorities and outline the “must-haves” and your “wish list.” Determine the desired housing style, number of bedrooms, bathrooms, neighbourhood, parking and proximity to work or public transportation. There are so many choices, so be clear and concise, and stick to your budget.

4. Trying to save money by not hiring a professional home inspector A home inspection can help distinguish a home that is a money pit from one that is a gem. Even buyers of brand new homes can benefit from a home inspection.

// by marnie benneTT

Top 10 misTakes

first-time homebuyers make, and how to avoid them

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

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

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

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

When Purchasing a Home. bennettpros.com

Most buyers don’t know what they can

afford. It is critical that you know both

your credit rating and how much of

a mortgage you qualify for before

you begin shopping for a home.

conTinued on page 66…

064 neW condo guide may 10 - 24, 2014

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5. not revisiting your target neighbourhood a few times It is critical that you view the home at different times of the day and at night. You want to ensure you made the right decision on your neighbourhood of choice – and potentially your new neighbours.

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

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

8. not understanding your mortgage This is a complex and often-intimidating

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

9. Failing to understand the differences between buying a new home and a resale home Resale and new homes each have their own advantages and disadvantages. Make a list and compare them. For example, with a new home you have choices such as style, finishes and the suite’s location in the building – and everything is new. But you also may face construction delays, which could impact your finances or current living arrangements. With resale, what you see is what you get. Figure out which scenario is best for you.

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

conTinued… homebuyers’ help

Resale and new homes each have their own advantages and disadvantages. Make a list and compare them. For example, with a new home you have choices such as style, finishes and the suite’s location in the building – and everything is new.

066 neW condo guide may 10 - 24, 2014

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Hot toPIC

BuyIng your fIrst Home?It’s not just about location anymore

LoCatIon, LoCatIon, LoCatIon Is tHe tIme-tested, oft-repeated first rule of real estate. But as you set out to buy your first condo, there are other factors to consider as part of your selection process.

Location Yes, it is important. No doubt you’d love a large house on an expansive property on a quiet cul-de-sac in the best neighbourhood. But that’s not possible. So what do you do? For your own enjoyment while you live in your home as well as for future resale potential, proximity to transportation, shopping, schools and other amenities is among the key determinants that affect the property’s appeal and ultimately, its value.

// By wayne karL

Information As a first-time homebuyer, education is critical. And these days, with digital media and mobile technology, all the information you need is at your fingertips. From the content here in New Condo Guide to the resources available to you at Canada Mortgage and Housing Corp., the more knowledge you have, the better equipped you will be to make informed decisions about buying, maintaining and eventually selling your condo.

ContInued on Page 72…

070 new Condo guIde may 10 - 24, 2014

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Like any financial instrument, real estate can fluctuate in value,

and your timing can determine how good of an investment it is

Is home ownership right for you?

Buying your first home is one of the biggest emotional and financial decisions you’ll ever make, so prepare yourself to make a knowledgeable decision.Although buying a home almost always seems like a great idea, it is important to understand what home ownership involves. Of course, being a homeowner is something to be proud of, but it also means having to invest money, time and energy, and taking on added responsibilities. So, before you decide to buy a home, make sure you’re ready.

Here are some things to consider

financial security If housing prices rise, your home can provide you with some financial security due to capital appreciation.stability You’ll have a place of your own.financial stress Coming up with the down payment, meeting regular mortgage payments and other ongoing costs will tie up a lot of your cash and can put considerable stress on your finances.maintenance Keeping your home in good shape requires time and money.responsibility You alone are responsible for payments, repairs and maintenance.flexibility You can decorate or renovate your home to meet your own family’s personal tastes and needs.Source: Canada Mortgage and Housing Corp.

ContInued…

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

072 new Condo guIde may 10 - 24, 2014

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Mortgage Matters

Your first MortgageFrom regulations to rates, we demystify what can be confusing and intimidating for first-time buyers

fixed versus variable rate, short

or long terM, open or closed… these are just some of the important – and complex – questions you’re likely pondering as you prepare to take out your first mortgage.

To help demystify this often-intimidating subject, New Condo Guide enlisted the help of three experts:

// bY waYne karl

nCg For those who have never bought a home before, the topic of mortgages can be intimidating and confusing. How do you suggest first-time buyers begin to prepare?

riChard Get educated. You can talk to an expert (mortgage broker or a bank), educate yourself online or do a combination of the two. There are so many resources online to choose from. Don’t be scared to talk to family and friends who have purchased homes before; they probably had all the same questions.

kinCh The first thing you should look at is your budget. It’s one thing to find out how much of a mortgage you can qualify for, but it’s another to look at how this new home is going to impact your budget. Analyze your current monthly housing expenses and determine the maximum amount you can afford. Research what monthly costs you should incorporate into your budget as a homeowner beyond the monthly mortgage payment – including property taxes, condo fees, insurance, utilities and maintenance. Working within a budget will not only prevent you from getting into a home you can’t afford, it will give you peace of mind. Once you have your budget in place, work with a broker to get a pre-approval and secure an interest rate for at least 120 days, so that you don’t have to worry about rising rates while taking your time to find the right property.

ross The most important thing a first-time buyer can do is prepare a household budget. Once you have a really good indication of what your total household income is, after tax, then you can determine your ability to save for a down payment and an affordable monthly mortgage payment. One of the best resources available for first-time buyers is still the Canada Mortgage and Housing Corp. (CMHC) website. The tools and data are very useful and since they are not trying to sell you anything, it is unbiased. Visit cmhc-schl.gc.ca.

AlyssA RichARd, Ceo of ratehub.ca

PeteR Kinch, award-winning mortgage broker and best-selling author of the Canadian real estate action Plan

cAlum Ross, senior vice-president and mortgage agent at the Mortgage Centre

Continued on Page 76…


nCg Short, long, fixed, variable — what type of mortgage might better suit first-time buyers, and why?

riChard If you’d prefer to pay the same amount each month, go fixed. If you’re comfortable with some level of risk and want to minimize costs, variable rates are proven to be cheaper in the long run. As for your mortgage term, it’s important for first-time buyers to think about a five-year time line. Studies show that 70 per cent of homeowners break a five-year term at the 3.5-year mark, which if you went fixed could result in a big prepayment penalty. If there’s any chance you’d move in five years, go variable (penalty is only three months’ interest) or get a shorter term.

kinCh The truth is, everyone has a unique set of circumstances. If you can get a five-year rate around three per cent, go with a long-term rate. Otherwise, take the variable. A fixed-rate mortgage guarantees you a certain interest rate for a fixed term, such as five years. This rate is typically higher than a variable rate would be, but think of the extra cost as “insurance” against interest rates going up. A variable rate will start out lower, but there is no guarantee as to when or how high it will go, so there is a risk factor. If you’re on a tight budget

and you can’t afford for your mortgage costs to go above a certain amount, then take a fixed rate and sleep well knowing exactly what you can pay and afford for the next five to 10 years. If you have a little more flexibility in your budget, take a variable rate today, but increase your monthly payments to more than the minimum. You’ll accomplish two things: accelerate the speed at which you pay down your mortgage; and adjust your family budget so that if you renew into a higher rate environment five years from now, you won’t experience payment shock.

ross The challenge for first-time buyers is that they tend to want the stability of a payment – good for budgeting purposes. The problem is that they typically own the home for less than five years. Generally speaking, it is important to remember that the cash-flow crunch typically exists only for a short period at closing and shortly thereafter, and depending on the difference between short- and long-term rates, the difference in payments can be substantial. Make sure you do the math and make the decision that won’t cause you to have payments over your cash-flow comfort level.

nCg What do you foresee in the mortgage landscape in the coming year that first-time buyers should be aware of?

riChard It doesn’t sound like interest rates will go up until late 2014 or even 2015. Canada’s low interest rates have been referred to as “an anomaly,” but some economists say the numbers are normal based on our current rate of inflation. Of course, Ottawa can always change things, such as the minimum down payment requirements or the lending guidelines. In any case, I’d suggest first-time buyers pay close attention to what’s happening in their market and follow the news.

kinCh The government is definitely trying to find ways to become involved in slowing down what it perceives to be a heated housing market. The question is, what is left? Ottawa can impact only high-ratio mortgages such as those insured by CMHC. Currently, homebuyers can get a high-ratio mortgage with only five per cent down. I really don’t see them changing the down payment requirement to 10 per cent. An area they may intervene is the CMHC insurance premiums – such as increasing the premiums homebuyers have to pay based on how much they put down. They have also taken a closer look at qualification rules, especially for the self-employed.

Outside of CMHC, the Office of Superintendent of Financial Institutions (OSFI) will put more pressure on banks that currently offer a 30-year amortization on conventional mortgages (minimum 20 per cent down) to change the maximum amortization to 25 years.

ross The lending environment may very well see more stringent mortgage guidelines in the next six to 12 months. There is a growing concern about household debt levels, which could result in changes to the way mortgages are approved with both banks and other mortgage suppliers. At this time, I don’t think we are likely to see much in the way of changes for first-time buyers, but there is talk about moving the amortization period from 30 years back to 25, which could mean that the payments will be larger for mortgages.

Mortgage Matters Continued…


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condo profile

Queen Street’s 12 º lives up to the hypeOn a quiet residential street just steps from Queen Street West’s

desirable shopping district, the long anticipated and critically acclaimed 12º building steadily twists its way skyward. Many

questioned whether the building’s eponymous 12º “twisted cube” architecture, oft lauded by local critics such as John Bentley Mays (Globe & Mail), would actually translate from beautiful rendering into beautiful building. As the condo enthusiasts, investors and occupants amongst us have become all too aware, often by the time we see the finished product, the dream sold in a sales centre has vanished along with the sales centre itself. This dichotomy of sales centre dream versus constructed reality has become common-place in Toronto’s market. Perhaps developers can’t be blamed for value-engineering their buildings in order to steadily deliver product to a forever sizzling condo market with its rising construction costs. In this environment, even the best laid plans of well intentioned developers fall victim to economic reality, producing lacklustre architecture that falls short of the promise of elegance.

Many believed that the extensive use of glass and stone shown in the renderings for 12º, together with its ambitious twists, would make this building another example of the aforementioned unfortunate and growing trend. Not so. If you have taken a walk down Queen up to Beverley lately, you will see that BSäR Group of Companies has answered its critics resoundingly. BSäR principal, Tarek Sobhi, points out, “when we designed this building with Charles Gane at Core Architects we knew it was not going to be a cheap building to construct, but we also knew that we were building an end user building in a highly desirable location and that these end users would pay for high quality design and high quality finishes...We aren’t building this building with a primary view to cutting corners to save costs. Instead, we are primarily looking for places to add value for our customers and build our brand.”

Sobhi’s partner, Tyler Hershberg, agrees. “For us this is a signature building in an important location in Toronto’s core. As we see things, the eyes we have on our brand in our sales centres are far fewer than those that will be looking at us through the lens of our buildings in the next 50 years. We want each one of those people to want to live in one of our buildings after having passed by or visited this building in particular.”

Hershberg stresses that the building’s exterior was not the sole focus of careful thought and cold hard cash. “In addition to the custom kitchens with fully integrated appliances and the use of hardwood flooring throughout that some of the other higher end buildings feature, we are actually offering marble capped soaker tubs in our bathrooms for example. You can look but you will not see this as a standard anywhere in the city.”

BSäR views 12º as the cornerstone of its future plans for the Toronto market, and they appear to be putting their money where their mouths are. Sobhi listed several details of how the building will not only live up to, but surpass the initial offering. BSäR is bringing in a rare black limestone from Northern Ontario that, owing to its scarcity (and price-tag) has never before been used in any Toronto building period, let alone in a residential condo. In addition, many of the precast

building elements were substituted with more-expensive matte zinc metal cladding to preserve the building’s dark finish better over time while adding to the current sex appeal.

What about that private outdoor rooftop pool? Hershberg assures that this feature which sold so many on the building will be there, and it will be great. “12º will have the largest private rooftop pool in the city of Toronto when we complete the building later this year, and that is pretty remarkable when you consider all of the 300 plus suite highrises out there and recognize that this is a building of just 96 unique suites. The lucky few who live in this building are going to be the envy of the neighbourhood come springtime every year.”

So how do you get into the building that was selected to be featured in the European edition of Lamborghini’s exclusive distribution magazine this year? Are there any suites left? Sobhi notes, “We chose to pull a representative sample of suites of all types as well as our specialty penthouse and townhome units off of the market well over a year ago because we believed that this building ought to be sold on its own merits rather than on the merits of an associated sales pavilion”. Accordingly, there will be an excellent cross-section of suites made available for sale at the beginning of May. The 12º building is expected to occupy in fall/winter 2014. To view floor plans and for more information, visit 12degrees.ca. To book a private appointment, call 416.408.1200 or email [email protected].


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142016_CondoGuide_PrintReady.pdf 1 2014-04-30 1:37 PM

If it’s such common sense to only spend what you can afford, why do so many people spend money they

don’t have – use credit, in other words – to buy things they want?

Think about it for a minute. Why did you whip out your credit card and pay for that meal in a restaurant, pair of new shoes, or groceries? Why did you buy that big-screen TV on a buy-now-pay-later program? Why did you use your line of credit to pay off your credit card? Be honest. Why?

People want to maintain lifestyles they can’t afford. Whether it is the social pressure to conform, our own

// by gail vaz-oxlade

sense of entitlement, or a disregard for the potential risk we place ourselves in when we use credit to buy stuff, we’re delusional.

There are actually people out there who believe that using credit is “normal,” that it’s what they should be doing. After all, their parents did it, their brother’s doing it, so is their best friend. In fact, most of the people they know are doing it.

It’s as if people are afraid to just be. They have to drive the right car, go on an annual cruise, have new leather furniture, watch a high-definition, big-screen television, eat out three or four times a week, drink the best Scotch, or consume store-bought coffee every day. And they’re willing to exchange hours, days, months, years of peace of mind for the momentary high that comes with the new acquisition. Whazzup with that?

Social pressure to conform isn’t in your imagination. It’s real. But if you submit, if you’re willing to live a life of smoke and mirrors, if you want it all right now, then you need to accept that you’re creating a miserable life for yourself. It’s only a matter of time before the piper comes a’knocking.

One way to gain some perspective is to ask yourself what it is you really want in life. If you only had six months left on this sweet Earth, what would you want to be doing? Would you be shopping for new furniture? Would the kind of car you drive really make a difference? How about the handbag you’re carrying?

I often talk to my daughter, Alex, about how important it is to live a worthwhile life – a life that brings challenge and love, that allows you to share, to laugh, and to be happy. So, what are the things that make your life worthwhile? And what are you doing to put more of the things that make you happy into your life?

Want a great book to read on happiness? Read The Happiness Hypothesis: Finding Modern Truth in Ancient Wisdom by Jonathan Haidt, associate professor of Psychology University of Virginia. Terrific book! Lots of great ideas on what makes us happy and what you can do to be happier.

If you love your life (as opposed to your stuff), relish the time you spend working, look forward to seeing the people you share your space with, and feel as if you’re making a difference, I don’t think the kind of car you drive, whether you have a big-screen TV, or how often you eat in a fancy restaurant will mean much. If you can focus on creating the life you want, taking small steps to achieve your goals and finding a way to laugh while you’re doing it, I’m willing to bet you won’t even miss your credit cards.

As Jonathan Haidt says, “Happiness is not the shallow state of feeling pleased and chipper all the time. Happiness is the state of a human being that has achieved cross-level coherence within herself, and between herself and the people, challenges, and institutions around her. Happiness comes from between.”

money matters

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

does money buy happiness?

So, what are the things that make your

life worthwhile? And what are you doing to

put more of the things that make you happy

into your life?080 new Condo guide may 10 - 24, 2014

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make your move

When people relocate, the possessions they take with them are a critical part of

turning a new house or condo into a “home.” There is plenty of emotion attached to “stuff,” and with that in mind, moving companies take on an awesome responsibility when they transport your furnishings and accessories from one place to another.

And you should be able to trust that your belongings, both big and small, are being treated with the care and respect they deserve.

The Canadian Association of Movers recommends that when you shop for a mover, it is wise to conduct some research to increase your chances of finding a reputable company that will treat you with respect as well. At Two Men and a Truck, we agree!

At the very least, you should be able to expect honesty and integrity when it comes to your moving

// by ChuCk resniCk

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

Truck Canada. twomenandatruck.ca

experience. This includes a thorough and reasonable estimate for your move, and then delivery on whatever promises are made.

In your search for a mover, learn as much as possible about what services are offered. If the company representative is reluctant to answer your questions, move on. Every mover should be ready to educate customers on their services and on what they can do to help make the move go as smoothly as possible. For example, on our website, twomenandatruck.ca, we provide moving tips, a checklist and even special things you’ll need to consider for large items, such as pianos.

You should always receive your moving quote in writing, and unless you change the parameters of the move substantially, you should pay what you expect to at the other end. A reputable mover will treat you with kindness throughout, and you should never feel intimidated.

These are all sentiments that go along with the “golden rule.” We have our own version of that motto called “The Grandma Rule,” and it forms our main core value – to treat everyone the way you would want your Grandma to be treated. We do regular customer surveys to ensure that we are upholding the principles of honesty and fairness. Check with the moving companies you approach to find out whether there are customers you can contact for a reference. The Canadian Association of Movers (movers.net) also has a web page for consumers including a member directory to help you connect with reliable, professional moving services.

One other thing you may consider during your search is whether or not the movers you contact are happy. That may seem strange, but people who like what they do, do a better job. Professionalism should go hand in hand with enjoyment. We adopted the tag line “Movers Who Care” to reflect our attitude toward what we do. We consider ourselves much more than just a moving company – we’re a customer-service company that moves. Nowadays, the peace of mind that comes with that is priceless.

the grandma rule rules!

Our motto is to treat everyone the way you would want your Grandma to be treated


Sales Office and Model Suites: 80 Orchard Pt. Road, Orillia | Hours: Thursday - Sunday: 12 - 5 pm or by appointment. *Prices and specifications are subject to change. E&OE.

The luxurious lakeside lifestyle you’ve always wanted is closer than you thought. Orchard Point Harbour on Lake Simcoe, a mere hour north of the GTA, is launching its much-anticipated final phase this month! Muskoka-inspired architecture with a host of amenities including a lakeside pool, fitness centre, rooftop lounge, and on-site Starport marina, Orchard Point Harbour offers an exciting alternative to traditional lakeside living. Register today and discover the new way to cottage!

Luxurious 1 & 2 bedroom waterfront condos from 800 sq. ft. to over 2,000 sq. ft.Priced from the low $300,000’s to over one million*

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HOME BUILDER OF THE YEAR Mattamy Homes

BUILDIng InDUsTRY cELEBRATEs qUALITY AnD ExcELLEncE AT 34th annual BIlD awarDs

THE HOME-BUILDIng AnD LAnD DEvELOpMEnT InDUsTRY

crowned the year’s top builders, projects and marketing campaigns at the 34th annual BILD Awards on April 25.

More than 1,100 industry professionals attended the event, which recognized the GTA’s best in 47 distinct categories ranging from ad campaigns to architectural design and community building.

Mattamy Homes was honoured with the prestigious Home Builder of the Year award. This award highlights the builder who sets the standard for the rest of the industry by their leadership in improving the overall image of building and development in the GTA. A key component of the judging process is a customer satisfaction survey, completed by dozens of recent occupants of the builder’s communities.

The Green Builder of the Year awards was presented to TAS and Empire Communities. This award recognizes the builder who demonstrates outstanding leadership in the

implementation of Green building practices from the site-planning stage right through home design and construction.

In the highrise category, TAS received top honours for its commitment to sustainability. The company has made a commitment to designing and building to a LEED Silver standard for all of its future projects.

Empire Communities received the Green Builder of the Year award in the lowrise category. The company is Ontario’s leading Energy Star builder with some of the most progressive Green initiatives and user-friendly educational programs in the industry.

In a special presentation, Greenpark Homes’ chairman and CEO Carlo Baldassarra was honoured with the prestigious Lifetime Achievement award. This recognition is the Association’s highest honour and was presented as a tribute to Baldassarra’s contribution to the building and development industry for more than four decades.

In THE nEws

084 nEw cOnDO gUIDE May 10 - 24, 2014 May 10 - 24, 2014 nEw cOnDO gUIDE 085

gREEn BUILDER OF THE YEAR – HIgHRIsE TaS

p2g cOMMUnITY OF THE YEAR – HIgHRIsE Dundee Kilmer, Canary Park – Munge Leung, Montana Steele advertising, The Communications Group, Baker Real Estate Inc.

“It is a privilege to present Carlo with this prestigious award,” said BILD president and CEO Bryan Tuckey. “He is an industry champion who has given so much to our association and to communities throughout the GTA.”

Yonge+Rich by Great Gulf Homes was deemed the year’s best highrise project, while Urban Towns at Bayview by Treasure Hill Home Corp. won in the lowrise category.

Following is a list of award recipients in the highrise categories. Congratulations to all the winners! With over 1,400 members, BILD is the voice of the land development, home building and professional renovation industry in the GTA. BILD is proudly affiliated with the Ontario and Canadian Home Builders’ Associations.


pROJEcT OF THE YEAR – HIgHRIsE Great Gulf Homes, yonge+Rich – Community

BEsT HIgHRIsE BUILDIng DEsIgn Tridel Corporation, aqualina at Bayside

BEsT pUBLIc RELATIOns cAMpAIgn Freed Development Corporation, 155 Redpath – Blackjet Inc., Brandon Communications

RILEY BRETHOUR AwARD David Klugsberg, L.a. Inc.

sTEpHEn DUpUIs cOMMUnITY BUILDIng AwARD Peter Gilgan, Mattamy Homes

LIFETIME AcHIEvEMEnT AwARD Carlo Baldassarra, Greenpark Homes


BEsT DIREcT MAIL – HIgHRIsE TaS, Duke – L.a. Inc., Paul Johnston: unique urban homes

BEsT E-MAIL MARKETIng pIEcE – HIgHRIsE Easton’s Group & The Remington Group, Westinghouse Lofts at King Blue – Montana Steele advertising

BEsT pRInT AD – HIgHRIsE Pemberton Group, Ten93 Queen West – Montana Steele advertising

BEsT BROcHURE – HIgHRIsE Malibu Investments & Urban Capital Property Group, Smart House – 52 Pick-Up Inc.

BEsT pROJEcT LOgO – HIgHRIsE TaS, Duke – L.a. Inc., Paul Johnston: unique urban homes

BEsT pROJEcT sIgnAgE – HIgHRIsE Great Gulf Homes, One Bloor – Community


BEsT pROJEcT REnDERIng – HIgHRIsE Menkes Developments Ltd., 87 Peter – aareas Interactive, The Brand Factory

BEsT vIDEO – HIgHRIsE Concord adex Developments Corporation, Newton

BEsT sOcIAL MEDIA cAMpAIgn – HIgHRIsE Gairloch Developments & Centrestone Urban Developments Inc., 383 Sorauren – Community

BEsT wEBsITE – HIgHRIsE TaS, Duke – L.a. Inc., Paul Johnston: unique urban homes

BEsT HIgHRIsE sALEs OFFIcE Gairloch Developments & Centrestone Urban Developments Inc., 383 Sorauren – Community

BEsT sALEspERsOn OR TEAM – HIgHRIsE Tridel – May Tsui and Tara Stone


BEsT sUITE DEsIgn – UnDER 750 sqUARE FEET Malibu Investments & Urban Capital Property Group, Smart House – aya Kitchens

BEsT sUITE DEsIgn – 750-1,500 sqUARE FEET The Rockport Group, The Nest – Residences Of Hillcrest Village – RaW Design, The Walsh Group

BEsT sUITE DEsIgn – OvER 1,500 sqUARE FEET Rosehaven Homes Ltd., The Randall Residences

pEOpLE’s cHOIcE AwARD arista Homes, Fieldgate Homes & Paradise Homes, Impressions Of Kleinburg – Guidelines advertising, Hunt Design associates, G. Ryan Design International, Va3 Design

BEsT MODEL sUITE North Drive Investments Inc., The High Park – Cecconi Simone, Quadrangle architects


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

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

SkyCity2 by Pemberton Group Urban living is coming soon to Richmond Hill. Phase 1 is under construction at Yonge and Hwy. 7. Register for Phase 2. Web: SkyCityCondos.com

Pace on Main by Geranium Homes Luxury suites coming soon to Stouffville’s boutique condominium address. Register now to stay informed. Web: GeraniumHomes.com

The Clairington by Castleridge Homes Active adult living in a park-side condo unveiling soon, where Woodbridge meets Brampton. Register now for Tower 2. Web: TheClairington.com

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

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

previews & registrations

new releases & grand openings

Rain Condominiums by Empire Communities New suite release at Rain Condominiums in Oakville. Now under construction. Web: RainCondos.com

HOT Condominium by Great Gulf Phase 3 final release now on sale at Winston Churchill and Eglinton. Web: GreatGulf.com

Legacy Park by Liberty Development New release! Be part of the grand finale at Thornhill City Centre – iconic architecture, urban suite designs and fabulous park views. Web: LegacyParkCondos.com

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

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

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

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

coNdo watch

090 New coNdo GuIde may 10 - 24, 2014

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

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

GTA EditionMay 10 - 24, 2014

REGISTER NOWGERANIUMHOMES.COM

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Prices are correct at press time and are subject to change without notice. Sq.ft. measurements are approximate. E & O E.

BILD 2012 HOME BUILDER OF THE YEARCHBA 2011 GRAND SAM AWARD WINNER

Coming This Spring

To Downtown, Stouffville

Pace on Main is more

than just an address,

it’s life in the heart of

Downtown Stouff ville. It’s an intimate collection of just 67 residences

nestled within a neighbourhood of heritage architecture

and tree lined streets.

Bistros beckon for casual suppers and fi ne

dining is a stroll away. Day-to-day shopping

mixes with one-of-a-kind boutiques. Nearby

is Memorial Park and its

adjoining trail system;

and fi tness and cultural

activities at the Lebovic Centre and 19 On

The Park. Cottage Country is easily

accessible to the north, and when heading

to downtown Toronto — GO Train access is

steps away.

Pace on Main… Life At Your Own Pace

It's A Main Street State Of Mind

P

t

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llff ll

STOUFFVILLE’SBOUTIQUE

CONDOMINIUMADDRESS

Follow us:

D9-1023 PM Condo Guide DPS Lady and Dog April 26, 2014.indd 1 4/15/14 4:32:35 PM

A new condominium experience

in stouffville

condo profile

over the past five years, Geranium has become the builder of choice for hundreds of new-home buyers in Stouffville, attracted to its

award-winning, master-planned ravine community, Cardinal Point, by the variety of house styles and superior construction offered, as well as the quality of life in this idyllic town. Now, Geranium Homes will soon unveil a new lifestyle opportunity with the introduction of Pace on Main, bringing carefree condominium living to the heart of Stouffville’s lively downtown. Opening for pre-construction sales this June, Pace on Main will be an exciting boutique building designed for comfortable living and located within walking distance of this growing community’s many amenities.

Pace on Main will appeal to anyone who desires a different condo lifestyle experience. “People will find they can enjoy the convenience of apartment-style living very comfortably in our well-designed suites which start at over 650 sq. ft. in size and offer well-proportioned rooms,” says Geranium’s director of marketing Sue Webb Smith. “Pace on Main will capture the interest of both singles and couples, professionals, move-down

Opening fOr pre-cOnstructiOn sales this June, pace On Main will be an exciting bOutique building designed fOr cOMfOrtable living and lOcated within walking distance Of this grOwing cOMMunity’s Many aMenities

pictured above

Boutique condominium living on Main Street, Stouffville

pictured on

opposite paGe

A variety of spacious suite designs will be offered

094 new condo Guide MAy 10 - 24, 2014 MAy 10 - 24, 2014 new condo Guide 095

buyers, and active retirees attracted to one of the 905’s most desirable places to live with everything at the doorstep.”

The building has been carefully designed to blend with existing heritage architecture and will have an elegant brick and stone façade with unique window treatments. Pace on Main will rise to six storeys on the southwest corner of Main and Lloyd Streets, steps to the GO station and surrounded by flourishing shops, restaurants and services. Pace Credit Union, which now occupies the site, will operate in the ground floor of the new building and additional commercial space will front onto Main Street.

Residents will be just a stroll away from neighbourhood activities in Memorial Park and the Whitchurch-Stouffville Leisure Centre has an indoor pool, fitness centre, and year-round programs. In the same pocket, cultural entertainment is offered at the Lebovic Centre for Arts and Entertainment and 19 On the Park.

Also nearby, is a myriad of recreation amenities including an arena, an outdoor track, tennis courts, and greenspace which connects with the Stouffville Conservation Area.

The building itself will contain an elegant party room with access to an outdoor terrace with barbecue. “Modest condo amenities enable us to keep the maintenance fees low, recognizing that residents will find all that they need within the broader community,” says Webb Smith.

Pace on Main will be an intimate building containing just 67 suites from large one-bedroom to spacious two-bedroom-plus-den/two-bathroom designs and sizes ranging from 650 to 1,129 sq. ft. Every suite will have quality interior finishes; in-suite laundry, ample storage and all but one layout have a balcony. One parking space is included. Prices will start from $299,900 to just under $540,000 for suites on floors two through four. A limited number of penthouse suites are individually priced.

“Stouffville offers the charm and character of a small village yet also has the modern amenities people look for to enhance their lives,” says Webb Smith. “We are extremely pleased to be bringing our unique style of home building to this incredible location.”

Award-winning Geranium Homes is the Housing Division of Geranium Corp. and has been developing and building family communities across Southern Ontario for 36 years.

to register your interest for preview information, visit geraniumhomes.com.

pace On Main will appeal tO anyOne whO desires a different cOndO lifestyle experience

094 new condo Guide MAy 10 - 24, 2014 MAy 10 - 24, 2014 new condo Guide 095

in the news

the Mikey network Makes $500,000 coMMitMentto place defibrillators in all Peel board schools

the Mikey network is on a Mission to Make life-saving autoMated

external defibrillators readily accessible in every school across Ontario. As part of the Mikey Young At Heart program, designed to place

automated external defibrillators – called Mikeys – across Ontario schools, Hugh Heron, chairman of The Mikey Network and president of Heathwood Homes, announced an unprecedented commitment to place Mikeys in the Peel District School Board’s 250 schools and buildings.

Bob Finnigan, COO of Heathwood Homes, which founded The Mikey Network, presented a cheque for $160,000 to fund the first year of operations for the Mikey Young At Heart program across the Peel board. Heathwood’s donation kick-starts the wider campaign to raise funds for the special initiative, which will cost $500,000.

Heron used the event to issue a bold challenge to Ontario school boards to provide funding to install a Mikey device in every school in the province. “We believe that it should be mandatory to install a defibrillator in schools, just as it is to have fire extinguishers available,” says Heron.

The announcement – made at Mississauga’s Applewood Heights Secondary School, which recently welcomed its first Mikey defibrillator – marks another accomplishment for the Mikey Young At Heart program. The initiative will provide coverage to approximately 170,000 students and school employees, and hundreds of thousands of people attending after-school programs across Peel Region.

To date, the Mikey Young At Heart program has placed more than 200 Mikeys in schools across the GTA while creating public awareness and providing education about heart-healthy lifestyles. “We’re thrilled to be working with the Peel District School Board to install Mikeys across the region’s public schools, all while providing greater peace of mind to parents, teachers, administrators and students,” says Heron.

The Mikey Network was founded in 2003, following the sudden passing of Heathwood Homes partner Michael Salem. Since inception, The Mikey Network has raised more than $3 million, placed more than 1,500 life-saving Mikeys in public places across Canada, trained more than 12,000 people in CPR/AED and saved 19 lives, including three students saved by Mikeys in Toronto high schools.

“I believe the Network’s remarkable donation to the Peel District School Board will only further that work, making our schools some of the safest in North America,” says Mississauga Mayor Hazel McCallion.

Installation of Mikey defibrillators across Peel board schools commenced in February, with the rollout slated for completion in 2017.

To donate, or for more information, visit mikeynetwork.com.

Pictured left The Mikey Network presented a cheque for $160,000 to fund the first year of operations for the Mikey Young At Heart program across the Peel District School Board. Pictured left to right: chairman of The Mikey Network and president of Heathwood Homes, Hugh Heron; Mississauga Mayor Hazel McCallion; The Mikey Network student ambassador Emily Herbert; Peel District School Board chair Janet McDougald; director of The Mikey Network and COO of Heathwood Homes, Bob Finnigan; Peel District School Board director of education Tony Pontes; MPP Mississauga East-Cooksville Dipika Damerla; MP Mississauga-Streetsville Brad Butt; and Applewood Heights Secondary School principal Marcel Giraldi. Photo credit: Nicola Betts photography

096 new condo guide MAY 10 - 24, 2014

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

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DANIELS FIRSTHOME AURORA SOON TO MAkE A DOUbLE DEbUT

cONDO pROFILE

great news for first-time buyers who would like to own in the prestigious Town of Aurora! This spring, The Daniels Corporation will open the door to affordable home ownership with

Daniels FirstHome Aurora in two great locations. Amazingly priced one-, two- and three-bedroom condominium townhomes will be available at FirstHome Aurora at Lewis Honey at Bayview Avenue and St. John’s Sideroad; as well as FirstHome Aurora at

Watch for beautiful first-time buyer-friendly homes to go on sale this spring in two amenity-rich locations

John West Way, on John West Way, south of Hollidge Boulevard. Just imagine being able to afford a beautiful, brand new, fully built Daniels-quality condominium townhome in one of these incredible locations. Yes, fully-built!

“One of the many perks in buying in a Daniels FirstHome Community

100 NEw cONDO GUIDE may 10 - 24, 2014 may 10 - 24, 2014 NEw cONDO GUIDE 101

DANIELS FIRSTHOME AURORA SOON TO MAkE A DOUbLE DEbUT

is being able to move into your new home within 30, 60 or 90 days after purchasing,” says Daniels vice-president Don Pugh. “We put a lot of thought into the things that make buying a first home easy. By building before going on sale, Daniels offers potential purchasers the opportunity to walk through a model of every home design at the Preview Event to decide which layout best suits their lifestyle and needs. This helps first-time buyers purchase with more confidence, and it’s wonderful to see how excited they get about being able to move-in without a long wait!”

These two home collections will be the 14th community in the innovative and highly successful Daniels FirstHome program. Following hot on the heels of recent Daniels successes in York Region, which are part of the company’s expansion into the north GTA. Lewis Honey Towns & Semis in Aurora is already sold out, and Daniels Condominium Townhomes The Highlands in Newmarket has proven tremendously popular. The time is right to introduce townhomes specifically aimed at first-time buyers in the area.

At FirstHome Aurora, prices will begin from an unbelievable $249,900. “In addition to fantastic pricing, we offer innovative financial and lifestyle incentives,” Pugh explains. “We have helped thousands of people enter the new-home market already. The pent-up demand for easy, affordable first-time home ownership in the GTA is obvious – these communities often sell out in one day, some in a few hours!”

Pugh also points out that affordability goes far beyond attractive price points. “Our

financial and lifestyle incentives at our FirstHome Communities are unique in the GTA. For example, we offer our Gradual Deposit Payment Plan that allows new homeowners the opportunity to pay only $2,500 with the Agreement of Purchase and Sale, and another $2,500 within 10 days of the purchase, and then $1,000 every month until they reach five per cent of the purchase price or final closing on their new home. It’s incredibly easy.”

Daniels is also working with financial institutions to cap the mortgage rate at a low level. Keep in mind that first-time homebuyers who meet certain criteria can withdraw up to $25,000 from their personal RRSP to use toward their downpayment. Many buyers also qualify to receive the First-Time Home Buyer’s Tax Credit of up to $750 in tax relief toward closing costs.

Pugh points out that location adds a lot of value to the upcoming Aurora communities. “Homeowners will be close to just about any amenity they could want. Everything families need is minutes away, including shopping plazas, parks, schools, golf courses, recreation centres – you name it. Hwy. 404 is only a few moments away. For commuters, Aurora is centrally located in the GTA. We’re tremendously excited about FirstHome Aurora. Anyone interested should register now for our Preview Event coming this spring.”

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

Owning a brand new home in Aurora is within the reach of first-time buyers who hurry. Daniels FirstHome™ Aurora will go on sale this spring, and judging from the response Daniels has received already, these homes are sure to sell quickly. Register today to receive an invitation attend Daniels’ preview Event this spring by visiting danielsfirsthome.ca or by calling 905.821.0822. You can also stay up to date on this exciting new community on Facebook and Twitter (@Daniels1stHome).

“ Homeowners will be close to just about any amenity tHey could want. everytHing families need is minutes away, including sHopping plazas, parks, scHools, golf courses, recreation centres – you name it.

100 NEw cONDO GUIDE may 10 - 24, 2014 may 10 - 24, 2014 NEw cONDO GUIDE 101

in the news

two Men and a truck celebrates corporate store grand opening in Mississauga

two Men and a truck – canada, the “Movers Who Care,” has officially opened its newest corporate store at 5425 Maingate Dr., in Mississauga.

General manager Dan Hopkins celebrated the occasion with a demonstration of how a Mikey defibrillator installed in all his moving trucks saves lives through a program called “Mikey on Board.”

Dignitaries participating included the “original two men” of Two Men and a Truck – International, CEO Brig Sorber and executive vice-president Jon Sorber. Also attending were Amrit Mangat, Mississauga-Brampton MPP; Mississauga Mayor Hazel McCallion; and Ward 5 Councillor Bonnie Crombie.

Says Chuck Resnick, vice-president, marketing and operations, Two Men and a Truck – Canada, “We hope we never have to use these Mikeys, but when you consider the physical nature of moving, it makes sense to have defibrillators on our trucks, in case our movers or families

involved in a move have a problem. And, there is always the possibility of someone going into sudden cardiac arrest walking down the street, or perhaps being in a car accident. So with our trucks on the road, we are now in a position to be able to respond should someone need help.”

Hugh Heron, Two Men and a Truck and Mikey Network chairman and president of Heathwood Homes, adds, “These moving trucks with their EMS-trained personnel circulate throughout their communities every day and by carrying a Mikey, they carry a second chance at life for people who might be affected by sudden cardiac arrest. This program is a tremendous venture and for Two Men and a Truck in Canada, it’s a moving industry first.

“We challenge other companies with vehicles on the road to follow suit and install Mikeys, and have their staffs trained in CPR/AED.”

Pictured Left to right: Two Men and a Truck – International CEO Brig Sorber and executive vice-president Jon Sorber; Chairman of Two Men and a Truck-Canada and The Mikey Network, and president of Heathwood Homes Hugh Heron; Mississauga-Brampton MPP Amrit Mangat; president of Two Men and a Truck – Canada, John Prittie; Mississauga Mayor Hazel McCallion; Two Men and a Truck – Canada general manager Dan Hopkins; Ward 5 Mississauga Councillor Bonnie Crombie. (Photo credit: Nicola Betts)

102 new condo guide MAy 10 - 24, 2014

GRAND OPENING JUNE 7TH

A H A M I L T O N I C O N E V O L V E S

112 King Street East, Hamilton, ON L8N 1A8 Own a Piece of HistoryREGISTER NOW AT ROYALCONNAUGHT.COM

Designer Condo Suites

Wrapped in Historic Luxury

Starting from the Mid $200’s

Renderings are artist’s concepts. Prices & specifications subject to change. E. & O. E.

in the news

A century of Canadian luxury reimagined with the Residences of Royal connaughtneaRly 100 yeaRs afteR the original launch of Hamilton’s grandest icon, history is re-born June 4 with the arrival of the city’s most anticipated development – The Residences of Royal Connaught.

Born in the era of ultimate elegance, the Royal Connaught was Hamilton’s answer to Edwardian luxury, a playground for celebrity and international high society. After sitting vacant for over a decade, the new Connaught signifies a pivotal moment in the country’s fastest-appreciating real estate market.

Set amidst vibrant urban culture, the Connaught’s celebrated address makes food, art and entertainment available in every direction. An urban crowd connects online and in person for original openings, pop-up culinary experiences and a noted indie scene. Heading north toward a vibrant waterfront, design and vintage boutiques, coffee shops, maker markets and florists line hip James Street North. Dozens of independent galleries showcase a thriving arts scene and collectively open their doors for the famed monthly Art Crawl.

Walking south, happy hour lingers over crafted cocktails and charcuterie at 2 Black Sheep, while dinner serves up meat-centric off-cuts from Rapscallion’s blackboard. Due west, walk off Earth to Table’s Sunday brunch on the Bruce Trail, the verdant escarpment framing Locke Street’s eclectic shopping district.

“Hamilton’s moment as a destination city has arrived. Its incredible transformation is capped by the rebirth of The Royal Connaught. The time for Hamilton is now. It’s truly a great moment to live in the city,” says Glen Norton, manager of urban renewal for the City of Hamilton.

Past the century hotel’s intricate façade, the opulent Art Deco lobby is a welcome respite from the busy city core. A decadent entrance opens up to an unparalleled three-storey interior featuring dramatic crystal chandeliers and expansive 23-ft. ceilings. Restored columns illuminate, framing the original


glass staircase and mezzanine. A bold matrix of ebony and granite play against soft white limestone floors, while gold and brass accents weave glamour throughout the décor. Reinforcing the legacy of the Connaught as a social hub, a sleek coffee bar and baby grand piano invite residents to connect. Ascending to the mezzanine, intimate seating and a plush fireside lounge overlook the bustling reception below.

With over 100 years combined experience, Valery Homes and Spallacci Group translate their love affair for Hamilton into this landmark restoration and their timing is perfect.

Fronting the project is the Gore Park master plan, which will introduce new park space, central gardens and public art alongside a patio-lined pedestrian boulevard. The Connaught and the reimagined Gore Park become the crowning jewels of downtown, reclaiming the central block that wraps from King, along Catherine, to Main Street.

With units starting in the mid-$200’s this metropolitan address lends a standard of living at a price point seldom found across the GTA.

“We’re giving Hamilton a new heart. The scope of the Connaught will usher in the next era for the city,” says Rudi Spallacci, president of Spallacci Group.

Anchoring the original structure, a seven-storey podium complementing the existing historic façade will introduce galleria shops and cafes into a public square. Designed by KNY Architects, the completed project including three new residential towers will house 700 condominium units in the heart of downtown.

“A project of this historical significance is rare. The Connaught represented the pinnacle of society, not just in Hamilton, but across Canada. Its legacy endures as it once again becomes the focal point of the downtown core. It will be a truly remarkable place to call ‘home’,” says Ted Valeri, president of Valery Homes.

Historic luxury transcends into spacious suites, blending classic and contemporary appeal to complement an urban lifestyle. Expansive windows in kitchens and bedrooms flood units with natural light and provide a lookout to the lush escarpment. Antique hardwood carries classic richness throughout the suite under generous 10-ft. ceilings.

The two-bedroom model suite features clean lines, showcasing one of three designer styles available for the spacious units. Rich textures outfit the gourmet kitchen, appointed with premium stainless steel appliances and a culinary range. Sophisticated quartz counters meet a herringbone marble backsplash, while clever storage is prioritized throughout soft white lacquered cabinets. A mix of porcelain and marble outfit the main

bathroom, with chrome accents and a deep soaker tub. The master bedroom retreat opens to a walk-in closet and the master ensuite incorporates crisp marble with contemporary bath and shower fittings and a generous linen closet.

An expansive eighth-floor rooftop playground connects the towers, offering over 37,000 sq. ft. of indoor/outdoor social space including a fitness centre, theatre, gaming room, party room with dining amenities, and a rooftop terrace equipped with outdoor fire pits and cabanas for entertaining.

Centered by two nearby GO stations, The Royal Connaught is easily accessible by all-day train service to downtown Hamilton from the existing Hunter station and the future James Street station, scheduled to begin service for the 2015 Pan Am games. Throughway bike lanes and lake-side trails connect residents to the city’s east and west sides, expanding from the established textile district of Ottawa Street to the energetic Westdale village.

Launching in June 2014, Phase I of The Residences of Royal Connaught will offer 122 new condominium suites housed in the original 13-storey landmark building. With a selection of elegant condo designs ranging from 555 to 1,084 sq. ft. purchasers can customize their suites with looks ranging from a classic to a more contemporary aesthetic. Condominium suites start from the mid-$200’s. The restored lobby houses the presentation centre and model suite at the corner of King and John in Hamilton. Phase I occupancy is expected for 2016. To register visit royalconnaught.com.

Walking south, happy hour lingers over crafted cocktails and charcuterie at 2 Black Sheep, while dinner serves up meat-centric off-cuts from Rapscallion’s blackboard.


2014 SHOPPING GUIDE

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Our 2014 shopping guide profiles some of the GTA’s top home and décor shops and services.

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theclairington.com

905-793-0002SALES OFFICE HOURS: Mon. to Thurs. 1 pm to 7 pm, Sat. & Sun. 11 am to 5 pm

FROM $229,900 TO THE HIGH $300’S

• 9’ ceilings • balconies & terraces• Gourmet kitchens • Prestigious lobby design• Luxury amenities & more!

Ask about our amazing Preview Incentives packages.

WOODBRIDGE

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

This is it! Starting May 10 at 11am, we’re previewing The Clairington Tower 2 – for you! You know what a huge success Tower 1 achieved and that interest in Tower 2 is even higher. So you know there’s no time to delay if you want to own the ultimate in condo luxury living overlooking hundreds of acres of lush parkland at Claireville Conservation Area. With green features like geothermal technology that offers savings on utilities as well as a reduced environmental footprint. You get it. That’s why you’ll visit the Sales Office right away!

OUR GRAND PREVIEW!Visit now. Tower 2 is For You!

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

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Key Maps

North


HaldimandHaldimand

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# Builder Site Telephone Th* c* Price Range Page Finder

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

*Th: Townhomes, c: condo

highlighted listings are advertised in this issue of condo guide. Please refer to page number for complete information. 109

3 cASTLeRidge hOMeS The Clairington 905-793-0002 • from $230,000 107 16e

3 PiNNAcLe iNTeRNATiONAL The Marquee Townhomes on the Park 905-568-9000 • from $720,000 63 & 97 20K

7 gReAT guLF hOMeS HOT 905-828-4257 • from $220,000 23 16M

30 PiNNAcLe iNTeRNATiONAL Pinnacle Grand Park 2 905-276-3981 • from $350,000 63 20L

34 PiNNAcLe iNTeRNATiONAL Pinnacle Uptown, Crystal 2 905-568-9000 • from $255,000 63 19K

45 eMPiRe cOMMuNiTieS Rain Condominiums 905-845-7246 • from $200,000 7 17Q

2 gReAT guLF hOMeS Twenty Lombard 416-499-8883 • from $492,000 16K

2 gReAT guLF hOMeS corporate greatgulf.com • 16K

4 cONSeRvATORy gROuP Mirage 905-232-2400 • from $270,000 20K

5 AMAcON PSv2 905-273-9333 • 18M

8 FeRNBROOK hOMeS Absolute World 416-869-6057 • • from $188,000 21K

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

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

12 ALTeRRA hOMeS Renaissance in Olde Brampton 416-710-1010 • from $295,000 13d

14 PeMBeRTON gROuP Rosedale village golf & country club 905-799-5000 • • from $346,000 12e

16 vANdyK cOMMuNiTieS Windows on the green 905-822-3333 from $300,000 17M

17 PeMBeRTON gROuP downtown erin Mills condominiums 905-630-6300 • from $300,000 6c

18 ReTiReMeNT LiFeSTyLe cOMMuNiTieS Palisades on the glen 905-820-8210 • from $290,000 17M

19 uNiTed LANdS Stonebrook ii 905-822-8858 • 22N

21 cASiNO BAy dev. cORP./TOddgLeN Panoramic Point at Brewery Bay 1-866-611-5525 • from $264,000 7Q

27 iNzOLA gROuP Park Place 905-451-7001 • from $310,000 14g

32 ARMOuR heighTS deveLOPMeNTS River’s edge 905-533-2400 • from $285,000 14A

35 AShLey OAKS gROuP emporium at joshua creek 905-618-0660 • from $200,000 17P

38 TRideL cORPORATiON Metrogate - ventus 2 416-293-5535 • • from $302,000 19j

38 TRideL cORPORATiON ventus at Metrogate 416-293-5535 • • from $344,000 19j

46 MATTAMy hOMeS The Mount Pleasant village mattamyhomes.com • from $200,000 20M

47 The dANieLS cORPORATiON daniels erin Mills 905-306-6996 • from $200,000 17M

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# Builder Site Telephone Th* c* Price Range Page Finder

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



highlighted listings are advertised in this issue of condo guide. Please refer to page number for complete information.

City ofPickering

Town ofAjax

Town ofWhitby

Town ofO shawa

401

401

401

28

Key Mapseast

110

13 LiBeRTy deveLOPMeNT cORP. Legacy Park 905-731-8302 • from $280,000 37 10g

43 guizzeTTi deveLOPMeNTS Grand Palace 905-907-4370 • from $295,000 99 12e

44 LiBeRTy deveLOPMeNT cORP. Centro Square Condos 2 905-851-8877 • from $280,000 36 4g

46 eMPiRe cOMMuNiTieS The Mark 905-554-5015 • from $250,000 6 21e

1 MONARch cORPORATiON garden court 416-495-3595 • 16d

2 FLATO deveLOPMeNT Arthouse 905-554-8722 from $200,000 22e

4 TRideL cORPORATiON Renaissance of Richmond hill 416-736-9500 • from $740,000 12g

7 MiNTOuRBAN cOMMuNiTieS iNc. Watergarden 416-915-3800 • from $254,000 11g

10 gReAT LANdS cORP. The Beverly hills Resort Residences 905-882-6636 • from $250,000 13F

11 TRiAxiS deveLOPMeNT iNc/MARiNO deveLOPMeNTS courtyards of Maple 416-798-7070 • from $390,000 8e

12 gReeNPARK hOMeS uv2 905-554-6501 • from $253,000 22F

13 LiBeRTy deveLOPMeNT cORP. Legacy Park 905-731-8302 • from $280,000 10g

14 ReMiNgTON gROuP The Signature condominium 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 3g

22 WycLiFFe hOMeS Fairground Lofts 905-605-5900 • from $340,000 3g

24 LiBeRTy deveLOPMeNT cORP. The Fountains 905-731-8302 • from $272,000 10F

26 Rice deveLOPMeNT Ambria 905-796-3630 • from $340,000 3F

28 cheSTNuT hiLL hOMeS San Francisco by the Bay 905-831-3631 • • from $200,000 22c

31 PeMBeRTON gROuP Miracle at yonge 905-709-5700 • from $280,000 12F

31 PeMBeRTON gROuP Sky city 905-709-5700 • from $320,000 12F

31 PeMBeRTON gROuP Sky city 2 905-709-5700 • from $320,000 12F

32 LiBeRTy deveLOPMeNT cORP. Royal gardens 905-889-9997 • from $240,000 14F

32 SigNATuRe cOMMuNiTieS TAO Boutique condos 905-597-2535 • from $200,000 14F

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

40 NOvA TRiMAx Allegra 905-850-6866 • from $250,000 1F

41 QuAdcAM deveLOPMeNT gROuP iNc vista Parc condominiums 905-850-8883 • from $260,000 3F

45 KyLeMORe cOMMuNiTieS The 6th Angus glen 905-887-9950 • 19e

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

Search yourfavourite neighbourhood

Find out about nearbyservices and amenities

View new construction projectsand register to get the latest info

We think fi nding a home is a lot more than simply fi nding the right property.That’s why we put you right in the middle of the search process.

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new releases & grand openings

Riva del Lago by Monarch Now open, a new boutique condo making waves on the waterfront. Web: MonarchGroup.net

Totem Condominium by Worsley Urban Partners Presentation centre and model suite now open! A perfect 100 on walkscore.com, stellar amenities, iconic architecture. Web: TotemCondos.com

Triumph at Valhalla by Edilcan Special grand opening incentives available for a limited time. Affordable luxury never looked better! Web: TriumphCondos.com

Howard Park 2 by Triumph Development Now releasing Phase 2 in Roncesvalles Village. Register now to be in the know. Web: HowardPark2.com

Brownstones at Westown by Lindvest Discover tremendous value at Weston Road and Sheppard Avenue West. The “Astoria” model suite is open for viewing. Web: Lindvest.com

The Taylor by Streetcar Presentation centre is now open in this new Leslieville community offering 96 modern lofts. Web: TaylorLofts.ca

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

SQ at Alexandra Park by Tridel Grand opening of this dramatic new condo in this master-planned community at Spadina and Queen. Web: Tridel.com

1 Yorkville by Bazis/Plaza Now open in Toronto’s lap of luxury. Visit the presentation centre at 162 Cumberland St. Web: 1Yorkville.ca

The HUB by Empire Communities New release of townhomes in Eglinton West. Get connected, live life on tomorrow’s fast lane. Web: EmpireTheHub.com

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

Trio at Atria by Tridel Grand opening now on at the next great phase of Atria in North York Web: Tridel.com

condo watch

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

Wellesley on the Park by Lanterra Developments Register for your priority preview at this landmark community in the heart of the city, on Wellesley between Bay and Yonge. Web: 11Wellesley.com

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

The Upper House Condos by KCAP Laird Introducing Leaside’s only boutique condo and townhome community. Register now to stay informed. Web: TheUpperHouseCondos.com

Harbour Plaza by Menkes Coming soon to the heart of the city – condominiums at York and Harbour. Register now. Web: Menkes.com

FWD Condominiums by Concord Adex The latest phase launched in the Concord CityPlace neighbourhood. Register now. Web: CityPlace.ca

Canary Park Condominiums by Dundee Kilmer Developments Register now to be part of the exciting second phase at Canary District – home to the athletes of the Pan/Parapan Am Games. Web: CanaryDistrict.com

previews & registrations

Yorkville Plaza II by Camrost Felcorp A new signature residence coming soon to Cumberland and Avenue Road. Preview registration now on. Web: CumberlandTower.com

The College Condominium by Tribute Communities Now previewing. Discover everything College and Spadina has to offer. Web: MyTribute.ca

HighPark Condominiums by The Daniels Corp. The Parkside Collection has arrived! Limited collection of two-storey walkouts offering street side living steps to High Park. Register now. Web: DanielsHighPark.com

River City 3 by Urban Capital Experience “Extreme Architecture” at it finest. Register now for your priority preview. Web: ExtremeArchitecture.ca

Dundas Square Gardens by Easton’s Group Downtown Toronto condos coming soon. Register now to stay up to date. Web: DundaSquareGardens.ca

Beacon Condominium by Sorbara Group Elegant 35-storey tower at North York City Centre with sophisticated amenities, world-class shopping and subway at your feet. Register now. Web: BeaconCondos.ca

Soul by Fram Building Group Register now to be close to everything, and far from ordinary! Web: MySoulCondos.ca

Diva Condo by Torbel North York’s newest boutique condo coming soon. Register now to stay informed. Web: DivaCondo.com

Ten93 by Pemberton Group Now previewing: an eclectic fusion of fashion, art, culture, creativity and style at Queen West and Dovercourt. Web: Ten93QueenWest.com

The Academy by Lemine & Devron Graduate to a golden investment. Register now to attend the VIP Preview Event. Web: AcademyCondos.com

King & Parliament by Great Gulf Condos priced from the mid-$200’s coming soon to King and Parliament. Opening in spring 2014. Register now for priority updates. Web: GreatGulf.com/comingsoon

The Code Condos by BLVD & Lifetime Developments Offering affordable living in Forest Hill, condos starting in the mid-$200’s. Register now. Web: TheCodeCondos.com

The Harlowe by Lamb Development Corp. Artistic lofts coming to Queen and Bathurst. One’s, two’s and three’s from $259,900. Register now. Web: TheHarlowe.com

112 new condo GuIde may 10 - 24, 2014

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

Your complete source for condos, lofts and townhomes in Toronto

GTA EditionMay 10 - 24, 2014

Condo hunter’s CheCklist When shopping for your dream condo, carry this list with you and take notes to help you remember what you saw, and where!

condo #1 condo #2 condo #3 condo #4

Project & address:

Salesperson:

Phone:

Developer/builder:

Type:

2-storey detached highrise conversion bungalow townhome

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Interior appliances:

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Options:

Parking facilities:

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Other comments:

Project & address:

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Phone:

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Type:


Sq. Footage:

# of bedrooms:

# of bathrooms:


Options:

Parking facilities:

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Price:

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Other comments:

Project & address:

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Type:


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Options:

Parking facilities:

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Price:

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homebuyers’ help

114 new Condo Guide may 10 - 24, 2014

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

MOVE IN NOW!

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

THE MOST OUTSTANDINGMID-RISE BUILDING IN 2012

Ontario Home Builders’ Association Award Winner

$306,900S T A R T I N G F R O M

MODEL SUITESNOW OPEN

3609 Lake Shore Blvd. W., Suite 104, Toronto, ONMonday to Thursday 12:00pm to 7:00pm

Saturday, Sunday and Holidays 11:00am to 6:00pmqueenscorp.com | 416.354.2221

PRESENTAT ION C ENTRE

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New Release of Designer Finished Suites Sumptuously upgraded units including over $38,000 in designer selected fi nishes.

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UNBEATABLE VALUE IN YORKVILLE, ANd THE LIFE YOU’VE BEEN LOOKING FOR Chaz.Yorkville offers tempting incentives for urbanites with great taste

cONdO pROFILE

yorkville living at Chaz.Yorkville sets the bar high! What do you want to get out of city living? An optimum location. A beautiful way to offer hospitality to all your friends and family at once.

Hotel style without hotel prices. Purpose-designed places to stay well, stay fit, and stay energized without leaving the comfort of home. Membership in a private club that will take your breath away. A subway network

and the whole city just minutes away. Shopping, dining, and cultural options that are simply dazzling, both in quality and in quantity. The best of downtown is your own backyard. That sounds about right.

You don’t have to give up a thing to live the way you really want to at Chaz.Yorkville – and with brand new pricing starting in the $300s’, just a five-per-cent deposit required, and up to $25,000 cash back, now is the very

116 NEw cONdO GUIdE may 10 - 24, 2014 may 10 - 24, 2014 NEw cONdO GUIdE 117

best time to buy.Developer 45 Charles Ltd. and

project manager Edenshaw Homes are delivering on the promise of exceptional value, extraordinary design, and an enviable lifestyle even as you read this! Construction is well underway, and Chaz.Yorkville’s distinctive octagonal podium and limestone cladding on the rising tower are already showing signs of being the landmark building you’d expect in this aspirational neighbourhood. Charles Street is a little pocket of quiet green in the epicentre of Toronto, at the city’s most famous intersection – Yonge and Bloor. Every subway line is within a few minutes’ walk, with the downtown core, U of T, Hospital Row, the Danforth, High Park, and uptown destinations just a quick ride away.

It’s in a neighbourhood like Yorkville that a life becomes a lifestyle, and there’s no better place to build that lifestyle than right here. You’ll feel the day’s tension slip away as soon as you enter through one of two Cecconi Simone-appointed lobbies. Sit with a book by the fireplace, entertain guests in the dining room, or challenge friends on the billiards table. Every day will bring you a new appreciation for the place you call “home.”

The second floor is bursting with

amenities that promote your personal wellness, with a modern fitness centre with yoga/Pilates and spinning space, his and her steam rooms, relaxation room, and unique hydro-massage bed. The entertaining amenities here expand your square footage into the thousands, with gorgeous guest suites and three extraordinary media spaces: a Hollywood-worthy movie theatre, a casual sports lounge, and the perfect place to engage the most nefarious of foes — the Gamers’ Arena. Enhancing your experience is state-of-the-art technology including 4K resolution and purpose-built gamers’ chairs with built-in audio and video in the arena.

The Chaz Club will dazzle anyone with whom you choose to share it. Cantilevered out over the city streets from the 36th and 37th floors, it offers stunning views, and a two-storey Grand Room with lounge and bar, as well as a five-star dining area with a demonstration kitchen and a breathtaking terrace so cleverly designed, it blurs the line between out and in.

Move at the speed of life, with the quickest Internet speeds available thanks to Rogers fibre optic wiring, and the Bazinga! community-building platform which makes it easy to keep track of everything from condo board minutes to window washing schedules, while facilitating neighbourly communication that can even help you find a walking buddy!

This vibrant city lifestyle can be yours. New floor plans have just been released, with soaring 10-ft. ceilings and premium features adding to the already-remarkable value chaz.Yorkville offers. don’t wait another day. Ask about amazing opportunities including five-per-cent deposit, up to $25,000 cash back, and new pricing from the $300’s. Visit the sales centre at 101 Yorkville Ave., open Monday to Thursday, noon to 6 p.m.; Friday 2 to 6 p.m.; Saturday and Sunday noon to 6 p.m. call 416.922.0045 or visit chazYorkville.com.

Charles street is a little poCket of quiet green in the epiCentre of toronto, at the City’s most famous interseCtion – yonge and Bloor

116 NEw cONdO GUIdE may 10 - 24, 2014 may 10 - 24, 2014 NEw cONdO GUIdE 117

quick tips // by hellen buttigieg

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

host, owner of We Organize U and author of the best-seller, Organizing Outside The Box. For tips on getting organized, visit WeOrganizeU.com and sign up for the free newsletter.

there are two tricks you can use to keep your home neat with little effort: scan and grab. Any time you leave one room, scan it quickly to see if there’s anything that belongs in the room that you are going to (or along the way). Keep a basket at the end of the hall and any time you come across something that belongs in another room, toss it in. At the end of the day, grab the basket on your to the

bedroom. Deposit the items in the rooms where they belong right away (or first thing in the morning if you’re too tired). Be sure to take the basket back out when you get up the next day. The key is to get into the habit of doing this daily so the basket doesn’t get too full, otherwise it becomes too time consuming to put everything away.

Do it now and save time Delaying tasks actually creates more work and wastes time. Fold or hang your clothes immediately after the dryer cycle is complete and you will spend less (or no) time ironing. Load the dishwasher (or wash the dishes) as soon as you’re done eating and you’ll spend less time rinsing, scraping and scrubbing.

smart storage You’ve probably heard the term “a place for everything and everything in its place.” This is so true, but it’s only part of the solution. The second half of this wisdom is to keep things in a logical position. For example, keep keys by the exit door, coffee and filters in the cupboard above the coffee maker, and magazines in a basket beside the chair where you do most of your reading. Not only will this make it easier to find what you need quickly, it will also cut down on steps and save you time. Next time you are trying to find a home for something, instead of asking “where should I put it,” ask “where would I use it.”

tiDy up in just a few minutes a day

118 new conDo guiDe may 10 - 24, 2014

Coming Soon

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Offering North York’s Best Value

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• Walking distance to Downsview subway station and other amenities

• Close to Yorkdale Mall and Downtown North York

• Live close to the 572 acre Downsview Park, Canada’s largest urban park

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Prices, terms and specifi cations subject to change at any time without notice. E. & O. E. Rendering is Artist’s Concept.

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TORB-DIV-A-AD-CONDOGUIDE-APR3-5.indd 1 14-04-07 10:24 AM

ConCeal & reveal

// by yanic Simard

deSigner advice

Living high in the Sky, one of the beSt featureS of a condominium space is often the spectacular vistas from multiple floor-to-ceiling windows. However, when night-time comes (or when you don’t want anyone to have a view in from outside), how do you dress your windows while still keeping that sleek, condo-chic appeal? There are actually numerous options for filtering, obscuring or exposing the outside world, working with windows of any size. Here are some tips to finding the style that suits your views.

drapery›› Timelessly elegant, condo drapery generally works best when kept simple.

If possible, drape full walls to keep the lines seamless (even if there are areas of solid wall that don’t technically need covering), using a simple straight pleat on a straight track or rod. Mount the track at the ceiling, and go for an invisible hospital-style track rather than a decorative rod to let the fabric – or the view – speak for itself.

›› Clean white sheers are a great option for filtering light (and the view inside) without completely erasing the windows. Many spaces use just sheers, although a more opaque layer can be added over top on a separate


track to give you coverage options. Keep in mind that your building will likely have regulations concerning what treatments can face outdoors. A sheer lining layer can help keep your windows

“white to the street.”›› To keep a modern and open look,

use a material in a hue that blends into your wall colour. For a more lively accent that feels sleek and contemporary, try colour-blocking. This can be easily achieved by adding a band of contrasting material to the bottom of ready-made curtains (if you’re a skilled sewer) or made by a seamstress. Ask a fabric supplier if they have solid-colour offcuts to find this small accent of fabric for a minimal investment.

ShadeS + ShutterS›› In-window shades are another

popular option for condo windows, as they give a simple architectural look when pulled closed and can virtually disappear when open. Like drapery, these can be layered (with darker shades or lighter drapery) to allow for light-filtering sheers during the day and opaque screens at night.

›› For an architectural approach with a masculine edge, look to inspirations like the Germain family of hotels: their sleek interior shutters are finished in

may 10 - 24, 2014 new condo guide 121

the same wood that dresses the built-in wardrobes and desks for a very clean and consistent (but rich and warm) look.

›› Shutters also look beautiful layered under sheer drapery or behind roll-down shades, for a transitional mix of hard and soft, a detail I appreciated at Le Germain Montreal. For an all-in-one option, try a product like Benjamin Moore’s Pirouette shades, which use shutter-like opaque panels bonded to an outer layer of sheer shades.

›› When choosing shutters, stick to quality wood, metal or durable synthetic options - inexpensive shades can quickly become dented or nicked, showing wear and tear early.

›› During my recent stay at the stunning Modern Honolulu, Hawaii, I loved the louvered door treatments on the balcony doors. Echo your shutters on the doors to create the feeling of a tropical getaway even when they’re shut (and even if you’re far from the water).

gLaSS treatmentS›› For a more temporary solution at a lower investment,

or in spaces where a wide open view will never be desirable (such as in washrooms or where facing a neighbouring tower), consider press-on window film. When applied per the manufacturer’s instructions, these “frosting” panels can give a clean and neat look to smaller windows while permanently filtering the view – at least until you choose to peel them off!

›› For large windows, considering using panels to create a pattern rather than trying to perfectly connect the edges – the seams will likely show. Leaving a band of open window at eye level will give you a peak outside without really allowing a view in.

›› Similarly, there are now multiple options on the market for glass frosting sprays that create a removable coating rather than permanently etching the surface. They may take more effort to scrape off in the future but they can fill any-sized area you tape off.

inventive optionS:›› In the lobby of the Shangri-La Hotel Vancouver I noted

their use of a large folding screen to carve out a more private space without completely obscuring the window behind. Some light can still filter in this way without giving much for prying eyes to look at. Try using a traditionally detailed screen (especially an antique) with

modern furnishings for an eclectic mood.›› If you don’t need total privacy but just don’t want to

feel like your living in a fishbowl, a few tall plants will make a lush backdrop to a seating group or low media unit, giving your space an extra sense of life while breaking up the sightline.

›› In a client’s bathroom, I added a screen on a swing-out arm to cover a small window. You could also use a framed art piece or a mirror.

›› Don’t be afraid to back furniture against a window! A large bookcase style media unit, with space for the television, books, art and storage boxes will create a focal point for a seating group, and avoid glare and reflections on the tv that might occur if it were placed opposite the window instead.

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


For affordable, chic condo livingVHL DeVeLopments

creates two styLisH scarborougH options

conDo profiLe

scarborough is the place to be – especially if you are style- and price-conscious, and want to be within easy reach of downtown Toronto. With

these needs in mind, VHL Developments created two condo options at prices that come in considerably less than comparables in downtown TO.

2150 Condos and Haven on the Bluffs offer all the finishes, features and amenities that a cosmopolitan life demands. With access to GO Transit and the subway, you can leave your car at home, in its free parking space, and reach downtown without any traffic hassles.

Who can argue with this? Not the buyers who have already filled Tower 1 of 2150 Condos that is under construction with occupancy next spring. Or those who are anxiously awaiting the release of Tower 2, the second phase of this project launching May 10. VHL Developments will offer purchasers the identical

lifestyle amenities as Tower 1, with one-, two- and three-bedroom plans that include imported granite countertops, stainless steel appliances, glass-tiled kitchen backsplash and premium 12-millimetre laminate flooring throughout. Plus, a parking space is included with each suite at no additional cost.

2150 Condos has the notoriety of offering suites which are noticeably larger and more spacious than most, as is evident in the two-bedroom, two-bathroom model suite of 908 sq. ft. You’ll find additional plans for one-bedroom suites up to 600 sq. ft., two-bedroom-plus-dens up to 808 sq. ft., and three-bedrooms up to 950 sq. ft. with prices starting at $206,600. Outdoor living areas are just as spacious with balconies, and terraces as large as 690 sq. ft. With parking included in the purchase price, there are no cumbersome add-ons

continueD on page 126…


to elevate the price.2150 Condos is located on

Lawrence Avenue East at Birchmount Road, just north of Eglinton, minutes east of the Don Valley Parkway and just west of the Scarborough Town Centre. In just a few minutes you can access Hwys. 401 and 404 or the downtown core.

Three towers will surround a landscaped private courtyard with the main entrance from Lawrence curving between the west and south building as a welcoming arch into these residences. A treed entry feature and sitting areas along with rooftop gardens will offer pleasant outdoor spaces and a sanctuary from the city. Residents share the podium-style, three-level central hub that will unite both buildings with a rooftop terrace, barbecue area and other amenities. Within the impressive 12-ft. lobby entrance, you will be greeted by premiere concierge service offering peace of mind, safety and security.

Echoing the success of 2150 Condos, buyers have already committed to 60 per cent of the suites within Haven on the Bluffs, offering a lifestyle for those with a taste for luxury and lake-front living.

Located on Kingston Road, this 250-unit condominium features one-, two- and three-bedroom suites, spacious terraces and year-round breathtaking views of Lake Ontario. Its stepped design gradually reaches up to the higher suites that recede to the rooftop with ample outdoor space to enjoy the views.

Inside, VHL Developments has enhanced suites with nine-ft. ceilings, gourmet kitchens with marble countertops and backsplashes, stainless steel appliances, spa-like bathrooms and premium 12-millimetre laminate flooring. Public areas include outdoor terraces with a barbecue

area, party room and exercise facilities. The grand, European-inspired lobby will offer first-class concierge services. GO Transit is nearby, taking you directly to the DVP and downtown.

Priced from $207,200 for one-bedroom units and $295,800 for three-bedrooms, Haven on the Bluffs has become the answer to affordable luxury.

VHL Developments has presented two cosmopolitan options for condo living in scarborough – the choice is yours. for 2150 condos, visit the model suite at 2150 Lawrence ave. e., at birchmount, or view online at 2150condos.com, email [email protected] or call 416.750.2150. for Haven on the bluffs, visit the sales centre at 2229 Kingston rd., view thebluffs.ca, email [email protected] or call 416.261.9555.

conDo profiLe continueD…


Visionization™ Clean Living in the Real WorldVisionization is the next tier in sustainable, green initiatives, based upon the theory that if we can dream it, we can make it happen.

It is this maverick thinking that has drawn trusted contractor and television personality Mike Holmes to a partnership with Stanton Renaissance through their shared vision of an environmentally sustainable future.

Together, they plan to develop sustainable building initiatives including On The Go Mimico – an exciting first within the luxury condominium market.

At Stanton Renaissance, Visionization is changing the world we live in; one condominium at a time. The future is happening right now in a Stanton Renaissance building.

To learn more about Visionization, please visit stantonrenaissance.com.

Louie Santaguida,Stanton Renaissance

Mike Holmes,Canada’s Most Trusted Contractor

BILD FINALIST for the 2014 GREENHOME BUILDER of the YEAR!

The Future is Happening at these Stanton Renaissance Projects

Register Today:stantonrenaissance.com/hamilton

JamesStreet Hamilton

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Toronto

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Toronto

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STAN1404015_CorporateAd_NewCondo Guide.pdf 1 14-05-02 4:45 PM

in the news

the AcAdemy condominiums

present a real and unique opportunity

in real estate investment

the guiding principAl behind Any considered reAl estAte

investment is ‘location, location, location,’ and this is especially true for investors considering purchasing a unit at The Academy, a new 26-storey, 339-suite condominium by the University of Toronto’s Scarborough Campus (UTSC). This is a revitalized and emerging neighbourhood now benefitting from significant growth and investment in infrastructure, transit and development from UTSC and multiple levels of government.

The location of The Academy is the future of what urban intensification will be within a major and thriving metropolitan area, a planned blending of commercial and residential properties, close to major highways and accessible to rapid transit, surrounded by open-air greenspaces and recreational facilities. The location nearby UTSC presents The Academy as the perfect investment for purchasers who wish to rent or lease out units to students or faculty. With a student population of more than 12,000, there currently exists student campus housing for only 769 students, all of which are allocated to first-year students. Projected enrolment at UTSC is expected to grow on average by 400 students per year over the next 20 years, bringing 8,000 more students to the area.

Situated at Morningside Avenue and Ellesmere Road in the heart of thriving Scarborough, ranked by Toronto Life as one of the top ‘20 Next Big Neighbourhoods’, The Academy is a three-minute walk to UTSC campus, only a one-minute walk to Centennial College, one minute to Hwy. 401, and 10 minutes from the Don Valley Parkway, allowing swift access to downtown Toronto.

Canada’s premier urban wildlife park, Rouge Valley, complete

with many kilometers of trails, is nearby to the north with Morningside Park, part of the Rouge Valley system, across the street from The Academy. To the south are the Scarborough Bluffs nature area abutting freshwater Lake Ontario, complete with yacht clubs and a marina.

The City of Toronto is investing heavily in this area, collaborating with the University of Toronto and major retailers, as evidenced by a major new shopping complex at Morningside and Hwy. 401, and future subway/LRT expansion into Scarborough. UTSC, with the Ontario government, is currently building a $248-million sports facility nearby The Academy in time for the 2015 Pan Am Olympic Games – the largest investment in Canadian amateur sport for the Games. Also completed in 2015 will be a $65-million Environmental Science and Chemistry Building, an added attraction to student enrollment. The University of Toronto has identified its Scarborough campus as its major growth campus and will by 2020 have completed multiple new buildings as part of a transformational master-plan for UTSC.

Surrounded by a growing student population, transit, commercial and recreational infrastructure, with suite prices starting at just $188,800, The Academy represents a rare and affordable real estate investment opportunity. To learn more, register at academycondos.com.

This is a revitalized and emerging neighbourhood now benefitting from significant growth and investment in infrastructure, transit and development from UTSC and multiple levels of government


AcademyCondos.com*Percentage presented is based on RealNet Canada data on the GTA area. Rent assumption is based on the rent guaranteed by Vendor. Prices and info correct at press time. Illustration is Artist’s concept only. E.&O.E. Brokers are welcome.

Exclusive Broker

Graduate to a GOLDEN INVESTMENT

$188,800FROM

DON’T MISS OUT! Register now to attend the VIP Preview Event

Centennial College, Centenary Hospital and the

Pan Am Sports Centre

VIP preview pricing for a limited time

CONDOSUNIVERSITY

BY THE

OF TORONTO SCARBOROUGH,

Guaranteed DEMAND

Huge housing shortage for the growing 16,000+ student body

Guaranteed VALUE

Priced 43% less than an average new GTA condo, but rents for 20% higher!*

Guaranteed RETURNS

An unprecedented positive cash flow opportunity

Elles

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e Rd.

Morningside Ave.

Elles

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Morningside Ave.

Toronto Pan Am Sports Centre

Future University of Toronto Master Plan

Centennial College

University of Toronto Scarborough Campus


*TH: Townhomes, C: Condo

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

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

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2 GREAT GuLF HOMES Yonge+Richmond 416-499-8883 • from $280,000 23 16K6 CRESFORD DEvELOPMENT CORP. Merton Yonge Condominiums 416-484-1900 • from $350,000 144 & IBC 14E7 THE DANIELS CORPORATION High Park Condominiums 416-351-1844 • from $300,000 15 8L8 CRESFORD DEvELOPMENT CORP. NXT at Windermere By the Lake 416-977-5300 • • from $350,000 IBC 8N10 EMPIRE COMMuNITIES The HUB 416-784-3482 • from $250,000 6 9F18 MONARCH CORPORATION Riva del Lago 416-495-3544 • from $300,000 Insert 24C18 uRBAN CAPITAL RC3 416-862-0505 • • from $220,000 51 18L20 TOWER HILL DEvELOPMENT CORPORATION 2221 Yonge 647-350-2221 • from $320,000 71 14E22 MONARCH CORPORATION Picasso on Richmond 416-495-3549 • from $400,000 Insert 14M23 TRIBuTE COMMuNITIES The College 416-363-4800 • from $300,000 49 M1426 BAzIS INC. No1 Yorkville 416-519-2911 • from $388,000 5 15I27 THE DANIELS CORPORATION One Park Place South Tower 416-955-0559 • from $200,000 29 18K28 EMPIRE COMMuNITIES Water Tower at Eau Du Soleil 416-503-3328 • from $320,000 6 25B29 PINNACLE INTERNATIONAL 33 Bay Residences at Pinnacle Centre 416-925-3325 • from $375,000 63 17M31 WORSLEY uRBAN PARTNERS Totem Condominium 416-792-1877 • from $250,000 59 15H35 MENKES DEvELOPMENTS INC. 87 Peter menkes.com • Insert 15M 37 CRESFORD DEvELOPMENT CORP. Lofts 399 416-867-3999 • from $590,000 IBC 14L38 EASTON’S GROuP Dundas Square Gardens 416-645-8575 • from $200,000 81 17K39 LIFETIME DEvELOPMENTS The Code thecodecondos.com • from $250,000 25 13H40 FERNBROOK HOMES/CITYzEN DEv. Garrison Point garrisonpoint.ca • from $250,000 67 13N42 TRIuMPH DEvELOPMENTS Howard Park 2 416-873-0989 • 69 9L43 K-CAP LAIRD INC. The Upper House Condos in Leaside 416-425-1800 from $350,000 26 18D44 TRIDEL CORPORATION Alter 416-645-4599 • from $250,000 IFC 16J45 PINNACLE INTERNATIONAL Palatila Collection 416-925-3325 • from $725,000 63 16M52 CRESFORD DEvELOPMENT CORP. CASA 2 416-486-2272 • from $290,000 IBC 15L52 CRESFORD DEvELOPMENT CORP. CASA III 416-486-2272 • from $250,000 IBC 15L53 LANTERRA DEvELOPMENTS 11 Wellesley 416-861-1111 • from $200,000 11 15J58 GREAT GuLF HOMES Monde 416-466-8885 • from $330,000 22 17M99 GREAT GuLF HOMES One Bloor Residences 416-922-0081 • from $550,000 22 15I110 GREAT GuLF HOMES Charlie 416-927-9772 • from $970,000 23 14M124 PINNACLE INTERNATIONAL The Pinnacle on Adelaide 416-596-1600 • from $350,000 63 15M126 GREAT GuLF HOMES X2 416-927-0080 • from $480,000 23 16J131 LANTERRA DEvELOPMENTS Riverhouse at the Old Mill 416-766-7343 • from $520,000 18 5L140 EDEN SHAW Chaz Yorkville Condos 416-922-0045 • from $300,000 31 16J140 45 CHARLES LTD. Chaz Yorkville Condos 416-922-0045 • from $200,000 31 16J141 BSAR LTD 12 Degrees 416-408-1200 • from $350,000 79 15L149 CAMROST - FELCORP Imperial Plaza 416-925-2501 • from $385,000 3 15I150 ASPEN RIDGE HOMES Studio on Richmond 647-352-7736 • from $300,000 47 15M155 LIFETIME DEvELOPMENTS The Bond Condominiums 416-546-7525 • • 27 15G171 CAMROST - FELCORP Yorkville Plaza II 416-966-3003 • • from $350,000 1 14H189 THE DANIELS CORPORATION Cinema Tower Condominiums 416-203-2020 • from $450,000 43 14M190 CRESFORD DEvELOPMENT CORP. 1000 Bay 416-485-3000 • from $390,000 IBC 15J199 FIELDGATE HOMES 90 Niagara 416-981-0036 from $363,000 61 14O202 BAzIS INC. E Condos 416-243-8688 • from $300,000 19 14E202 RIO CAN E Condos 416-243-8688 • from $300,000 19 14E202 METROPIA E Condos 416-243-8688 • from $300,000 19 14E215 DuNDEE KILMER DEvELOPMENTS Canary District Condominiums 416-603-7576 • from $250,000 55 18L218 MALIBu INvESTMENTS INC. Smart House 416-292-0219 • from $230,000 57 15L218 uRBAN CAPITAL Smart House 416-292-0219 • from $230,000 57 15L222 LAMB DEvELOPMENT CORP. The Harlowe 416-363-1771 • from $260,000 75 15M223 CONCORD ADEx FWD at Concord CityPlace 416-813-0999 • • 44-45 15M1 GOLDMAN GROuP & LASH DEv. CORP. 530 St. Clair Ave. West 416-868-0500 • from $344,000 12H1 GOLDMAN GROuP & LASH DEv. CORP. the rushton rushtonliving.com • from $344,000 12H3 CONCORD ADEx Grand Parade 2 at Concord CityPlace 416-813-0999 • 15M3 CONCORD ADEx Quartz at Concord CityPlace 416-813-0999 • • 15M3 CONCORD ADEx Spectra at Concord CityPlace 416-813-0999 • • 15N4 GAIRLOCH INvESTMENTS 383 Sorauren 383sorauren.com from $265,000 9L4 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 14N7 THE DANIELS CORPORATION The Parkside Collection 416-351-1844 • from $700,000 8L8 CRESFORD DEvELOPMENT CORP. NxT 2 416-977-5300 • • from $300,000 8N8 CRESFORD DEvELOPMENT CORP. NxT2/Phase Two 416-977-5300 • • from $210,000 8N9 ASPEN RIDGE HOMES vu 416-970-9500 • • from $370,000 16L11 MENKES DEvELOPMENTS INC. Pears on the Avenue 416-323-0100 • from $382,000 14I11 MENKES DEvELOPMENTS INC. 365 Church 416-591-7700 • from $250,000 14I

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Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information. 131

12 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 14D17 ROCKPORT GROuP The Nest 416-223-0003 • from $250,000 11H18 uRBAN CAPITAL River City 416-862-0505 • • from $250,000 18L18 uRBAN CAPITAL River City 2 416-862-0505 • • from $250,000 18L19 KINGSTONE ROAD DEvELOPMENT The Glen 416-694-3333 • from $255,000 23H20 MENKES DEvELOPMENTS INC. Fabrik 416-591-7700 • from $250,000 14M21 EASTON’S GROuP King Blue Condominiums 416-599-1355 • from $200,000 12N21 REMINGTON GROuP King Blue Condominiums 416-599-1355 • from $200,000 12N21 EASTON’S GROuP Westinghouse Lofts 416-599-1355 • from $200,000 12N21 REMINGTON GROuP Westinghouse Lofts 416-599-1355 • from $200,000 12N22 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 $300,000 15I29 PINNACLE INTERNATIONAL Success Tower at Pinnacle Centre 416-360-0673 • from $750,000 17M30 TOWER HILL DEvELOPMENT CORPORATION Churchill Park Condominiums 416-966-9080 • from $900,000 13H32 MADISON HOMES The Madison 416-482-8090 • from $420,000 14E33 LAMB DEvELOPMENT CORP. Riverside Towns 416-368-5262 • from $460,000 19L34 CENTRE COuRT DEvELOPMENT Core Condos 416-598-2673 • from $220,000 16L36 NEuDORFER CORPORATION Fuse Condos 416-534-4444 from $220,000 9K46 CONSERvATORY GROuP Milan 416-928-7409 • from $520,000 15I51 TRIDEL CORPORATION Aqualina at Bayside 416-514-2710 • from $350,000 18N54 TIMES DEvELOPMENTS INC. The 500 Condos + Lofts 416-960-0606 • from $400,000 17I55 MINTOuRBAN COMMuNITIES INC. King West 416-367-5464 • from $210,000 14M55 MINTOuRBAN COMMuNITIES INC. 775 King West 416-367-5464 • from $330,000 14M57 LANTERRA DEvELOPMENTS 3018 Yonge In Lawrence Park 416-787-8882 • from $390,000 14B59 LINDvEST B Streets 416-532-6636 from $369,000 13J60 CANALFA GROuP Liberty Central by the Lake 416-537-0047 • • 12N62 PEMBERTON GROuP The uptown Residences 416-987-3500 • from $950,000 16J64 LAMB DEvELOPMENT CORP. The Brant Park 416-368-5262 • from $262,000 14M66 E-PARK DEvELOPMENT Foundry Lofts 416-531-7760 from $399,000 9I66 EMSATEC CANADA INC The Brownstones 5 416-531-7760 • from $350,000 9I66 NEuDORFER CORPORATION Brownstones 416-531-7760 • from $305,000 9I70 MADISON HOMES The upper Canada Condominium 416-489-5194 • from $1800,000 14G70 STATE BuILDING GROuP The upper Canada Condominiums 416-489-5194 • from $1.8,000 14G78 EMPIRE COMMuNITIES Schoolhouse 416-979-1333 • from $595,000 13I81 LAMB DEvELOPMENT CORP. Flatiron Lofts 416-368-5262 from $243,000 20J83 TRIDEL CORPORATION 300 Front Street West 416-217-0300 • from $324,000 15M85 HARHAY DEvELOPMENTS One Eleven Condominiums & Lofts 647-347-4111 • from $250,000 13M85 CARTTERA One Eleven Condominiums & Lofts 647-347-4111 • from $250,000 13M88 FERNBROOK HOMES/CITYzEN DEv. Pier 27 Waterlink 416-367-3456 • from $800,000 17N94 DHD DEvELOPMENTS Gooderham Condos at The Distillery 416-361-1322 • from $390,000 18L101 LAMB DEvELOPMENT CORP. The King East 416-368-5262 • from $435,000 18L101 HARHAY DEvELOPMENTS East Condos & Lofts 416-368-5262 • from $310,000 18L102 PLAzA King West 647-341-1731 • from $346,000 13N103 MENKES DEvELOPMENTS INC. Four Seasons Private Residences Toronto 416-775-7500 • from $1900,000 15I103 LIFETIME DEvELOPMENTS Four Seasons Private Residences Toronto 416-775-7500 • from $1900,000 15I104 ASPEN RIDGE HOMES Seventy Seven Charles Yorkville 416-203-7034 • from $2100,000 14J106 CONTExT DEvELOPMENT INC. Market Wharf 416-861-8181 • from $260,000 17M106 CONTExT DEvELOPMENT INC. Library District Condominiums 416-861-8181 • from $222,000 17M109 THE BROWNSTONE GROuP OF COMPANIES Brownstones in Davenport village 416-531-7760 from $245,000 9J109 THE BROWNSTONE GROuP OF COMPANIES Brownstones on the Park 416-531-7760 • from $260,000 9J114 PLAzA Ivory On Adelaide 647-341-1731 • from $279,000 17L117 BAzIS INC. Exhibit 416-967-7778 • 14I117 METROPIA Exhibit 416-967-7778 • 14I117 PLAzA Exhibit 416-967-7778 • 14I118 PEMBERTON GROuP u Condominiums 416-546-6605 • from $2500,000 15K120 THE DANIELS CORPORATION One Park West 416-955-0559 • from $406,000 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 M14126 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 16J136 CANDEREL/STONERIDGE DNA 3 416-929-1030 • from $220,000 12N137 ALTERRA HOMES/FINER SPACE Post House Condominium 416-964-2777 • from $350,000 16L142 ANDRIN HOMES The Berwick 416-922-9425 from $280,000 14D148 GRAYWOOD/BEAvERHALL DEvELOPMENT The Mercer 416-597-6940 • from $350,000 15M151 CITYzEN Backstage on the Esplanade 416-777-2533 17M151 FERNBROOK HOMES Backstage on the Esplanade 416-777-2533 17M151 FERNBROOK HOMES vero 416-798-7070 from $250,000 17M153 uRBAN CAPITAL Tableau Condominiums 416-591-8887 • • from $450,000 15L153 MALIBu INvESTMENTS INC. Tableau Condominiums 416-591-8887 • • from $350,000 15L153 ALIT DEvELOPMENTS Tableau Condominiums 416-591-8887 • • from $350,000 15L154 TRE MEMOvIA DEvELOPMENTS Carmelina 416-423-8500 • from $325,000 23J155 LIFETIME DEvELOPMENTS The Yorkville Condominiums 416-987-3344 • • from $550,000 15G157 CASTLEPOINT/CITYzEN/FERNBROOK L Tower 416-777-2533 • from $410,000 17L162 PIANOSI DEvELOPMENTS Perspective Condos 416-242-3500 from $280,000 4H165 SORBARA GROuP thirtytwo Camden 416-860-0060 • from $240,000 14L170 STREETCAR DEvELOPMENT 8 Gladstone 416-690-9009 • from $335,000 M12171 CAMROST - FELCORP Yorkville Plaza 416-966-3003 • • from $350,000 14H173 MIzRAHI | KHALILI DEvELOPMENTS 133 Hazelton Residence 416-926-9900 • 14I175 SORBARA GROuP 210 Simcoe 416-217-0210 • from $200,000 15M179 GRAYWOOD DEvELOPMENTS Five Condos 416-928-0555 • • from $375,000 15J179 MOD DEvELOPMENTS INC. Five Condos 416-928-0555 • • from $375,000 15J184 RESERvE PROPERTIES Rise 416-546-7399 • • $290,000 12H184 RESERvE PROPERTIES Model Suite of the Month • 12H185 PEMBERTON GROuP Neon 416-987-7878 • from $470,000 14D186 STREETCAR DEvELOPMENT The Carlaw 416-690-8588 • from $200,000 19K188 GREENPARK HOMES Allure Condominiums 416-487-7600 • from $350,000 14F191 TRI-WIN DEvELOPMENTS INC FAD Condos 416-815-1818 • from $250,000 14M192 MINTOuRBAN COMMuNITIES INC. 30 Roe 416-915-3812 • from $350,000 14D193 BuRNAC CORPORATION South Hill on Madison southhillonmadison.com • from $200,000 13I195 LIFETIME DEvELOPMENTS INDx 416-987-4639 • 16M195 CENTRE COuRT DEvELOPMENT INDx 416-987-4639 • 16M197 STREETCAR DEvELOPMENT The Carnaby 416-690-9009 • from $250,000 12M198 MENKES DEvELOPMENTS INC. Noir 416-977-8780 • from $250,000 15M 200 FREED SIxTY Colborne 416-601-0060 • from $300,000 16L200 CARTTERA SIxTY Colborne 416-598-7775 • from $300,000 16L201 SOLOTEx upper Beach Townes • 24G206 MOD DEvELOPMENTS INC. The Massey Tower 416-966-0197 • • from $320,000 16L207 RESERvE PROPERTIES 109Oz 416-531-4844 • from $300,000 12M210 CASTLEPOINT/NuMA The Sterling 416-777-2533 • • from $230,000 9L215 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 905-326-4100 • from $280,000 12F217 BAYWOOD HOMES TEN93 Queen West 905-326-4100 • from $280,000 12F219 TAS DESIGNBuILD Duke Condos junctionlife.ca 8K220 LAMB DEvELOPMENT CORP. King Charlotte 416-368-5262 • from $416,000 15M221 LAMB DEvELOPMENT CORP. Theatre Park 416-368-5262 • from $537,000 16M FREED Thompson Residences 416-360-0600 • from $280,000 MANSOuRI LIvING The Perry 416-926-7555 • from $390,000 MENKES DEvELOPMENTS INC. Harbour Plaza menkes.com •

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


132

7 FRAM BuILDING GROuP SOUL mysoulcondos.ca from $200,000 143 25C9 SORBARA GROuP Beacon beaconcondos.ca • 77 17C14 TORBEL GROuP Diva Condo DivaCondo.com from $225,000 119 11C121 LIBERTY DEvELOPMENT CORP. World on Yonge 905-771-7010 • from $284,000 35 A18123 BRANDY LANE HOMES The Station 416-398-9777 • from $420,000 48 12D128 THE DANIELS CORPORATION NY2 416-221-3939 from $250,000 41 19C1 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 4C5 LINDvEST Grand Cornell Brownstones in Markham 905-294-6161 from $340,000 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 22C8 CONSERvATORY GROuP Pearl 2 Condominiums 416-512-1818 • 17C15 EMERY CONDOMINIuMS The Essential 905-887-4888 • from $250,000 20E21 TRIDEL CORPORATION Argento 416-663-1818 • from $562,000 22E28 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 13C40 MENKES DEvELOPMENTS INC. Gibson Square 416-730-9722 • from $385,000 17C50 MINTOuRBAN COMMuNITIES INC. 88 416-915-3805 • from $325,000 18C50 DEvRON DEvELOPMENTS Flo Condominiums 647-799-0356 • from $250,000 18C86 CANDEREL/STONERIDGE Aura At College Park 416-962-8688 • from $995,000 16K94 DHD DEvELOPMENTS Gooderham 416-361-1322 • from $410,000 18L95 ASPEN RIDGE HOMES Scenic on Eglinton 416-805-1781 • 23G96 ELAD CANADA Emerald City Condominiums 416-492-0001 • from $256,000 24C96 ELAD CANADA Dreamtower At Emerald City 416-492-0001 • from $248,000 24C96 ELAD CANADA Biyu Emerald City biyucondos.com • from $250,000 24C99 THE BROWN GROuP OF COMPANIES Willow Park at Bayview 416-221-6767 • from $400,000 21101 KANTIuM DEvELOPMENT Posh Condominiums 905-771-0134 • from $544,000 16A122 LANTERRA DEvELOPMENTS Treviso Condominiums 416-787-8882 • from $250,000 12F122 LANTERRA DEvELOPMENTS Treviso II 416-787-8882 • from $250,000 12F122 LANTERRA DEvELOPMENTS Treviso III 416-787-8882 • from $250,000 12F124 TRIDEL CORPORATION Trio at Atria 416-645-8866 from $255,000 24C125 FRAM BuILDING GROuP LIv Lofts 416-445-5638 • from $250,000 22F128 THE DANIELS CORPORATION NY Place 416-221-3939 • from $250,000 19C130 TRIBuTE COMMuNITIES Canterbury 647-352-2130 • • from $700,000 19F132 FRAM BuILDING GROuP/CADILLAC FAIRvIEW Flaire Condos 416-445-8868 • from $320,000 22F

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Scarborough





Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information. 133

2 STANTON RENAISSANCE On The Go Mimico 647-692-8417 • from $250,000 127 23C3 DEvRON DEvELOPMENTS The Academy academycondos.com • from $189,000 129 10D3 LEMINE INvESTMENT GROuP The Academy academycondos.com • from $189,000 129 10D7 GREAT GuLF HOMES One Sherway Condominiums 416-695-3535 • from $220,000 22 16G12 NATIONAL HOMES Richview 416-746-1234 • from $570,000 123 22E25 QuEENSCORP RESIDENCES Watermark 416-354-2221 • from $307,000 115 19D38 CITY CORE Harmony Village Sheppard 416-493-0123 from $176,000 73 2C45 EDILCAN DEvELOPMENT CORP. Triumph at Valhalla 416-233-5554 • from $199,000 65 21F61 vHL DEvELOPMENTS LTD. 2150 Condos 416-750-2150 • 125 3E61 vHL DEvELOPMENTS LTD. Haven On The Bluffs 416-2611-9555 • from $160,000 125 3E1 INSOHO DEvELOPMENTS Imagine Condos 416-367-7303 from $188,000 4F1 ESQuIRE HOMES Three Seven Condos & Lofts esquirehomes.ca • from $210,000 11D1 WINDCATCHER DEvELOPMENT CORPORATION Atwater Condos 905-271-5038 • from $280,000 12B2 HENDERSON DEvELOPMENT LIMITED Centro 416-296-1898 • from $185,000 6D2 STANTON RENAISSANCE On The Go 647-692-8417 • from $250,000 23C4 MONARCH CORPORATION Nautilus at Waterview 416-203-6636 • from $400,000 25H5 MONARCH CORPORATION The Epicurean 416-495-3530 • from $250,000 23F6 CONSERvATORY GROuP Altitude 416-321-1659 • from $230,000 25H7 MENKES DEvELOPMENTS INC. One Sherway Condominiums 416-695-3535 • 16G8 PEMBERTON GROuP Palais at Port Royal Place 416-239-8200 • from $260,000 23F9 WILKINSON DEvELOPMENTS Hunt Club Terrace 416-698-3020 • 2H10 LASH GROuP OF COMPANIES Cloud 9 Condominiums 416-747-0199 • from $220,000 22B10 CARTTERA Cloud 9 Condominiums 416-800-0812 • from $240,000 22B11 CAMROST - FELCORP ilofts at Mystic Pointe 416-251-8888 • from $310,000 25G11 CAMROST - FELCORP California Condos 416-251-8888 • from $242,000 25G15 GRAYWOOD/BEAvERHALL DEvELOPMENT Ocean Club 416-255-4663 • from $250,000 24C18 MONARCH CORPORATION Lago 416-495-3544 • from $200,000 24C20 DAvIES SMITH Eleven Superior 416-259-8882 • from $220,000 23C28 LIBERTY DEvELOPMENT CORP. Terrace on Danforth 416-987-7575 • from $234,000 2F29 MONARCH CORPORATION Encore 416-495-3544 • 5D33 EMPIRE COMMuNITIES Beyond The Sea Star Tower Condominiums 416-979-1333 • • from $400,000 24H34 AvERTON HOMES Evolution 416-747-9691 • from $250,000 22G35 TRIDEL CORPORATION Parc Nuvo at Essex 416-231-0999 • from $456,000 22G37 AMExON DEvELOPMENT CORPORATION South Beach 416-252-3000 from $209,000 25H39 MONARCH CORPORATION Waterscapes 416-495-3544 • 26H42 TRIDEL CORPORATION ventus at Metro Gate 416-293-5535 • from $314,000 4C44 TRIDEL CORPORATION West village 416-620-1887 • from $290,000 21F45 EDILCAN DEvELOPMENT CORP. One valhalla 416-233-5554 • from $239,000 21F46 REMINGTON GROuP Park Towers at IQ 416-253-5838 • from $170,000 22G50 PEMBERTON GROuP vivid Condos 416-239-8200 • from $250,000 23F51 ALTERRA HOMES/FINER SPACE Westwood Condominiums 416-239-9888 • from $250,000 23F55 TRIDEL CORPORATION Avani At Metrogate 416-293-5535 • from $240,000 4C56 PHANTOM DEvELOPMENTS Jade Condominiums 416-762-8818 • from $293,000 24G60 YOuR HOME DEvELOPMENTS Nature’s Path 416-745-6686 • • from $270,000 11E62 ROYALE GRAND WOODBINE DEvELOPMENTS Lexington 416-638-8444 • from $240,000 21C65 MINTOuRBAN COMMuNITIES INC. South Shore 416-913-2136 • from $350,000 22H70 FIRST AvENuE PROPERTIES Qube Condos 647-351-7823 • from $200,000 24G71 LASH GROuP OF COMPANIES Me Condos 416-430-0003 • from $150,000 8D

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 Expressway

1

2

1829

11

21

925

412

816

17 14

20

wate

rfro

ntm

aps: To

ron

ToA

b

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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26

Toronto Waterfront

# builder Site Telephone Th* c* Price range Page finder

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


highlighted listings are advertised in this issue of condo guide. Please refer to page number for complete information.134


8 creSford develoPmenT corP. NXT at Windermere By The Lake 416-977-5300 • • from$300,000 IBC 11f

58 greAT gUlf Monde 416-466-8885 • • from$304,000 22 17M

1 PemberTon groUP ParkLakeResidences 416-769-4343 • • from$250,000 3f

2 concord Adex FWDatConcordCityPlace 416-813-0999 • • 13F

3 concord Adex QuartzatConcordCityPlace 416-813-0999 • • 15m

3 concord Adex ParadeTWo Park collection at concord cityPlace 416-813-0999 • from$308,000 15M

4 MonaRChCoRPoRatIon nautilusatWaterview- 416-203-6636 • from$400,000 25h

4 tRIDeLCoRPoRatIon aqualinaatBaysidetoronto 416-514-2710 • 16e

5 concord Adex newtonatConcordCityPlace 416-813-0999 • 12F

6 PLazaCoRP/BeRkLeyCoMMunIty West harbour city westharbourcity.com • from$327,000 13e

7 LIFetIMehoMes Waterparkcity–neptune 416-203-3700 • 13f

8 concord Adex Panorama elite Suites at concord cityPlace 416-813-0999 • from$1,135,000 14f

8 concord Adex LunaVistaatConcordCityPlace 416-813-0999 • from$2,213,000 14f

8 concord Adex spectraatConcordCityPlace 416-813-0999 • • 14f

8 creSford develoPmenT corP. nXt2/Phasetwo 416-977-5300 • • from$210,000 4e

9 conServATory groUP InfinityCondominiums 416-214-1988 • from$250,000 14f

11 cAmroST feldcorP california condominiums sunsetcondos.ca • from$242,000 25G

14 cAnAlfA groUP liberty on the Park condominiums 416-537-0047 • from$363,000 10F

15 MaLIBuInVestMentsInC. LtD 416-601-2223 • from$200,000 12f

18 FeRnBRookhoMes/CItyzenDeV. Pier 27 residences on The lake 416-367-3456 • from$300,000 11f

18 uRBanCPItaL RiverCity2 416-862-0505 • from$250,000 18L

29 PInnaCLeInteRnatIonaL 33BayResidenceatPinnacleCentre 416-925-3325 • • from$375,000 17m

60 CanaLFaGRouP LibertyCentralbytheLake 416-537-0047 • 12n

wate

rfro

ntm

aps: g

TA

A

b

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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26

401

409

QEW

Horner Ave

Queensway

Ro

yal York R

d

Evans AveGardiner Expressway

Lakeshore Blvd E

Park Lawn

Mill Rd

Ran

forth

Dr

Dundas St W

Bloor St W

Rathburn Rd

Scarlett Rd

Martin

Gro

ve Rd

Albion Rd

Hu

mb

erline D

r

Finch Ave W

Rexdale Bv

Kip

ling

Ave

Isling

ton

Ave

Dixon Rd

Westway

27

25

11

16 28

20

1421815

Brampton

Torbram Rd

Goreway Dr

Dixie Rd

Bramalea Rd

McVean Dr

Clarkway Dr

Gore Rd

Bova

ird D

r.

Coun

trysid

e Dr

Airport Rd


Wan

less D

rive/

Cons

erva

tion

Dr

Embleton Rd

Sand

alwoo

d Pk

wy

Queen

St W

Queen

St W

Main St N East

Dr

Hwy 10

Stee

les A

ve W

Kennedy Rd S

McMurchy Ave SHwy 7

Torbram Rd

Goreway Dr

Dixie Rd

Bramalea Rd

McVean Dr

Clarkway Dr

Gore Rd

Bova

ird D

r.

Coun

trysid

e Dr

Airport Rd


Wan

less D

rive/

Cons

erva

tion

Dr

Embleton Rd

Sand

alwoo

d Pk

wy

Queen

St W

Queen

St W

Main St N East

Dr

Hwy 10

Stee

les A

ve W

Kennedy Rd S

McMurchy Ave SHwy 7

Mor

ning

Star

Dr

Drew

Rd

Derry

Rd E

Airport Rd

Cour

tney

Park

Dr

Brita

nnia

Rd E

Kennedy Rd Tomken Rd

Mat

heso

n Blvd

E

Eglin

ton

Ave

Brita

nnia

Rd W

Hurontario St

Matheso

n Blvd E

Cere

mon

ial D

r

Central Pkwy E

Burn

ham

thor

pe Rd

W

Rath

burn

Rd

EDu

ndas

St E

Fieldgate Dr

The Q

ueen

sway

Dixie Rd

QEW

Spea

kman

Dr

Sher

idan

Park

Dr

Trus

cott

Dr

Lake

shor

e Rd W

Roya

l Win

dsor

DrQu

een

St W

Indian Rd

Cawthra Rd

Queen

St E

Ridgeway Dr

Colonial Dr

The C

olle

geway

Erindale Station Rd

Mavis Rd

Wolfedale Rd

Winston Churchill BlvdRa

thbu

rn R

d W

Hurontario St10 Line Rd

Edenwood Dr

Derry

Rd W Millcreek Dr

Erin Mills Pkwy

Mississauga Rd

Erin Mills Pkwy

Creditview Rd

4 Line Rd

Burn

ham

thor

pe R

d W

Bronte Rd

6 Line Rd

Burn

ham

thor

pe R

d E

Dund

as St

WUp

per M

iddl

e Rd

Tremaine Rd

Nottinghill Gate

9 Line Rd

Lake

shor

e Rd

E

4 Line Rd

Spee

rs Rd

Lake

shor

e Rd W

Burloak Rd

Mac

Dona

ld R

d

Kerr St

Trafalgar Rd

8 Line Rd Ford Dr

Devon Rd

Corn

wall

Rd

Brid

ge Rd

410

401

QEW

QEW

403

401

403

25

Mississauga

11

6

10

912

Oakville

1

etobicoke Waterfront

WhitbyWaterfront

East Gwillimbury

Bradford

Uxbridge

Scugog

Lindsay

Manvers

Newcastle

Georgina Island 33

AngusLisle

Everett

Lake Scugog

Bobcaygeon

Georgina

Sunnidale

VespraWasaga Beach

Mara

Orillia

Bracebridge

Schomberg

Tecumseth and Tottenham

Adjala

MonoShelburne

King

Essa

Tosorontio

Thornbury

Lake Si

mcoe

Cannington

Barrie

Georgian Bay

Midland Tay

Oro

OshawaWhitby

Alliston,

Beeton,

Hw

y 50Keswick

400

11

11

400

400

400

48

401

48

7

69

69

93

27

27

9

910

24

89

90

oakvilleWaterfront

further north Waterfront

mississauga Waterfront

# builder Site Telephone Th* c* Price range Page finder

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


highlighted listings are advertised in this issue of condo guide. Please refer to page number for complete information. 135


18 MonaRChCoRPoRatIon Riva del Lago 416-495-3544 • from$350,000 Insert 24c

25 QueensCoRPResIDenCes Watermark 416-354-2221 • from$307,000 115 19D

28 eMPIReCoMMunItIes Water Tower at Eau Du Soleil 416-503-3328 • from$320,000 6 25B

1 WInDCatCheRDeVeLoPMentCoRP. Atwater condos 905-271-5038 • from$280,000 12b

2 stantonRenaIssanCe on The go 647-692-8417 • from$250,000 23c

5 unIteDLanDs Stonebrook condominiums 905-822-8858 • from$270,000 9e

8 ChestnuthILLDeVeLoPMent sanFranciscoBytheBay 905-831-3631 • • from$180,000 23J

10 PemberTon groUP BluwaterCondominiums 416-987-8800 • from$350,000 5J

11 monArch corP. Waterscapes 416-495-3544 • from$390,000 25C

13 GReenhILLhoMes Princeton manor 905-849-1818 • from$210,000 6G

14 PhAnTom develoPmenTS JadeWaterfrontCondos 416-251-0707 • from$250,000 24G

15 grAyWood develoPmenTS oceanClub 416-255-4663 • from$250,000 24c

20 DaVIessMIth elevensuperior 416-259-8882 • from$220,000 23C

401401

401

4 Sidelin

e R

9 Concession

12 Sidelin

e

8 Concession

6 Sidelin

e

4 Sidelin

e

Lake Rid

ge R

Brawley Rd

Myrtle Rd W

Co

chran

e

Columbus Rd

Ash

bu

rn R

d

Halls R

d N

Co

un

try Lane7 Concession

4 Sidelin

e R

6 Concession

20 Sidelin

e

16 Sidelin

e

Central StB

rock R

d

16 Sidelin

e

Padd

ock R

d 7

Bro

ck Rd

28 Sidelin

e

30 Sidelin

e

9 Concession

24 Sidelin

e

No

rth R

d

7 Conncession

32 Sidelin

e

Whitevale Rd

32 Sidelin

e

No

rth R

d

5 Concession

16 Sidelin

e

Bro

ck Rd

Green

wo

od

Rd

Ch

urch

St N

Fifth Conces

Lakeridg

e Rd

Salem R

d

Au

dley R

d

Westn

ey Rd

N

Co

ron

ation

R Co

un

try Lane

Salem R

d

Taunton Rd E

Ro

seban

k Rd

Alto

na R

d

Wh

ites Rd

4 Concession4 Concession

Alto

na R

d

3 Concession

Fairpo

rt Rd

Dixie R

d

Liverpo

ol R

d

Major O

aks R

Valley Farm

Bro

ck Rd

Rossland Rd

Riversid

e Dr

No

tion

Rd

Bro

ck Rd

Squ

ires Beach

Rd

Sand

y Beach

Montgomery F

Highview Rd

Ap

pleview

Rd

Stroud'sGlenanna Rd

Liverpo

ol R

d

Bayl

y

Granite CourtWh

ites Rd

Rougemount D

Lake Drivew

a

Harw

oo

dA

ve

Westney Rd S

Finley

Ave

Delaney Dr

Magill Dr

Kingston Rd

Raven

scroft

Bayly St E

Tow

nlin

e Rd

Dundas St E

Au

dley R

d

Ajax-W

hitb

yTaunton Rd W

McQ

uay B

v

Rossland Rd

Gard

en St

Bald

win

St S

Tho

rnto

n R

d

Thickso

n R

d

Conlin Rd

Stevenso

n R

d

Taunton Rd W

Conlin Rd

Ritso

n R

d N

Tow

nlin

e Rd

.

Mary St N

Beatrice St

Cen

tral Park

Gran

deview

S

Adelaide Ave

King St EHarm

on

y Rd

S

Gran

deview

S

Wentworth St

Park Rd

S

Adelaide Ave

Bond St W

Cen

tre St.

Olive Ave

Bloor St.

Garrard

Rd

King St W

Rossland Rd

Ken

dalw

oo

d R

Gibb St

Manning Rd

An

derso

n St

Gard

en St

Ho

pkin

s St

Phillip Murr

Stevenso

n R

d

Park Rd

S

Bloor St

Simcoe St S

Wilso

n R

d S

Bro

ck St S

Wentworth St

Blair St

Tho

rnto

n R

d

Hen

ry StB

rock

St N

Blair St

Ced

arbro

ok T

Bald

win

St ND

uffs R

d

12

Garrard

Rd

Harm

on

y Rd

N

Wilso

n R

d N

Stevenso

n R

d

Garrard

Rd G

rand

eview S

8 Concession

Rossland/Winchester R

Church St E

7

Finch Ave

Go

rdo

n St

Sho

al Poin

t Rd

Pickering

Beach

Rd

Ch

urch

St SSpru

ce Hill

Kingston Rd

Sheppard Ave

Ritso

n R

d S

Dryden Bv

Simcoe St N

Co

chran

e St

8

City ofPickering

Town ofAjax

Town ofWhitby

Village ofBrooklin

Town ofOshawa

hot dates

May 24 – 25

Doors Open Toronto

highlighTs

Until May 31

Contact Photography

Festival

May 2014Calendar of events taking place from

May 10 – 24

May 11Mother’s DayThe OlD Mill, 21 OlD Mill RD.Take the whole family to honour Mom with a traditional Mother’s Day meal at this west-end staple. Enjoy the quaint charm of the historic Old Mill and a delectable array of dishes, served up buffet-style. Brunch and dinner seatings available in the Dining Room / Brule Ballroom. Visit the website for more information. oldmilltoronto.com

May 18, 25 & 31501 Streetcar Food tour ResTauRanTs alOng Queen sTReeTThe 501 Streetcar Food Tour, from Foodies on Foot, spans 25 kilometres and six neighbourhoods via North America’s longest surface transit route. Beginning at 1730 Queen St. W., the 501 Streetcar Food Tour lasts four and a half hours with six stops, revealing Toronto’s tastier side. Tickets are $69 to $80 and includes all tastings, transit fare and a guided tour.

foodiesonfoot.ca

until May 31 Contact Photography FestivalvaRiOus lOCaTiOns in TOROnTOContact Photography Festival explores personal and social consequences of the medium of photography. More than 500 local, national and international artists are expected to participate in the event at more than 200 venues across the city. This year’s Contact Photography Festival focuses on the connections between identity and photography.

scotiabankcontactphoto.com

Until May 31

501 streetcar Food Tour

May 11

Mother’s Day at The Old

Mill

May 24 & 25Doors Open torontovaRiOus builDings aCROss TOROnTODoors Open Toronto, presented by Great Gulf, will return on the weekend of May 24 and 25, offering free, rare access to more than 155 architecturally, historically, culturally and socially significant buildings across Toronto. This year’s theme highlights secret spaces, stories of spirit sightings and unexplained mysteries at more than 75 locations.doorsopenontario.on.ca/Events/Toronto.aspx


resource sectionYou love the condo, see what You can afford!

Compare mortgage rates for your best deal

Calculate your mortgage payments using the mortgage payment calculation chart

homebuyers’ help

condo buyers’

may 10 - 24, 2014 new Condo Guide 137

Calculate your mortgage payments

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

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

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

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

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

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

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

interest rate

example: 5%

chart figure

5.82

mortgage amount ÷ 1,000

125 (mortgage amount $125,000)

monthly payment

$25 years

amortization period

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

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

homebuyers’ help

138 new Condo Guide may 10 - 24, 2014 may 10 - 24, 2014 new Condo Guide 139

3.00% 9.65 6.90 5.54 4.73 4.21

3.25% 9.76 7.02 5.66 4.86 4.34

3.50% 9.88 7.14 5.79 4.99 4.48

3.75% 9.99 7.26 5.91 5.13 4.61

4.00% 10.11 7.38 6.04 5.26 4.76

4.25% 10.23 7.50 6.17 5.40 4.90

4.50% 10.34 7.63 6.30 5.53 5.04

4.75% 10.46 7.75 6.44 5.67 5.19

5.00% 10.58 7.88 6.57 5.82 5.34

5.25% 10.70 8.01 6.74 5.96 5.49

5.50% 10.82 8.14 6.85 6.10 5.64

5.75% 10.94 8.27 6.98 6.25 5.79

6.00% 11.07 8.40 7.12 6.40 5.95

6.25% 11.19 8.53 7.26 6.55 6.11

6.50% 11.31 8.66 7.41 6.70 6.26

6.75% 11.43 8.80 7.55 6.85 6.42

7.00% 11.56 8.93 7.69 7.00 6.59

7.25% 11.68 9.07 7.84 7.16 6.75

7.50% 11.81 9.21 7.99 7.32 6.91

7.75% 11.94 9.34 8.14 7.47 7.08

8.00% 12.06 9.48 8.28 7.63 7.25

8.25% 12.19 9.62 8.44 7.79 7.42

8.50% 12.32 9.76 8.59 7.95 7.59

8.75% 12.45 9.90 8.74 8.12 7.76

9.00% 12.58 10.05 8.86 8.28 7.93

9.25% 12.71 10.19 9.05 8.45 8.10

9.50% 12.84 10.33 9.20 8.62 8.28

9.75% 12.97 10.48 9.36 8.78 8.45

10.00% 13.10 10.63 9.52 8.95 8.63

10.25% 13.24 10.77 9.68 9.12 8.80

10.50% 13.37 10.92 9.84 9.29 8.98

10.75% 13.50 11.06 10.00 9.46 9.16

11.00% 13.64 11.22 10.16 9.63 9.34

11.25% 13.77 11.36 10.32 9.80 9.52

11.50% 13.91 11.52 10.49 9.97 9.70

11.75% 14.04 11.66 10.65 10.15 9.88

12.00% 14.18 11.82 10.81 10.32 10.06

12.25% 14.32 11.97 10.98 10.49 10.25

12.50% 14.46 12.13 11.15 10.67 10.43

12.75% 14.59 12.28 11.31 10.85 10.61

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

% amortization periods

inTeresT raTes

10 years

15 years

20 years

25 years

30 years

mortgage payment calculation chart

138 new Condo Guide may 10 - 24, 2014 may 10 - 24, 2014 new Condo Guide 139

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WANT YOUR HOME TO SELL? We have expert advice PG. 42

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FRONT COVER7.5 X 10.5" + BLEED

BACK COVER7.25 X 10.5" + BLEED

OUTSIDE GATE7 X 10.5" + BLEED

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CM

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CMY

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今年即可入住

四月十九日至五月十七日 / Apr 19 - May 17, 2014 Volume 3 Issue 3

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10 TOP TIPS FORNEW HOME SHOPPING

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Eastern Ontario Edition Your Best Source for New Homes and Condos

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WHEN DIVORCE ROCKS THE MATRIMONIAL HOME

TARION CONFERS 2014AWARDS OF EXCELLENCE

THE LATEST & GREATEST HOMES & CONDOS IN OTTAWA

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CharTered banKs Variable 6 months 1 year 2 years 3 years 4 years 5 years

aTB Financial 2.7 4 2.94 2.89 2.99 3.04 3.39 6.30op 6.30op 6.50op

alterna Svgs/alterna Bk 2.6 4 2.98 2.98 2.98 2.94 3.14 6.30op 6.30op

Bank of montreal 3 4 3.14 3.04 3.85 4.39 3.29 6.30op 6.30op

Bank of Nova Scotia 2.6 4.55 3.29 3.14 3.44 2.94 4.79 6.45op 6.50op

Canadian Western Bank 4 3.14 3.04 3.75 4.39 4.99 6.45op 6.30op

CFF Bank 3.69 3.75 3.79 3.79 3.24

CIBC 3 3.09 2.79 3.75 2.97 4.99 6.70op 6.35op

HSBC Bank Canada 2.55 4.45 2.7 3.95 2.93 3.09 3.49 6.20op 6.35op

ICICI Bank Canada 3.05 3.15 3.65 3.64 3.69 3.89

manulife Bank 2.7 4.45 3 3.05 3.1 3.19 3.24 4.00op

National Bank n/a 4.4 3.14 3.04 3.75 2.99 3.39 6.70op 6.70op

President’s Choice Financial 3 3.24 3.59 3.69 4.09

Royal Bank 3 3.14 3.04 3.75 4.54 4.94 6.30op 6.30op

TD Canada Trust 3 3.09 2.79 3.44 2.97 3.39 6.30op

Tangerine 3 3.19 3.24 3.49 3.69 3.99

TrusT Companies

Community Trust n/a 6.5 3.14 3.25 3.95 4.74 4.99

Effort Trust n/a 4.45 3.25 3.6 3.7 4.6 4.95 6.30op 6.30op

Home Trust Company 2.5 3.95 2.89 2.89 2.79 2.94 3.09

Investors Group Trust n/a 4.2 3.14 3.14 3.75 4.64 4.99 6.50op 6.30op

mTCC 2.6 4.55 3.29 3.14 3.44 2.94 4.79 6.45op 6.50op

oTher FinanCial insTiTuTions

airline Financial C.U. 4 3.01 3.1 3.33 3.65 3.99 6.25op

Comtech Credit Union 2.95 6.2 2.99 3.25 3.29 2.99 2.99 6.40op 6.30op

First National Fin. LP 3.95 2.99 2.59 2.79 2.87 3.19

FirstOntario C.U. 2.7 3.09 3.14 3.29 2.95 3.09 6.34op 6.34op

IC Savings 3.05 2.99 2.99 3.39 3.39

London Life n/a 4.2 3.14 3.14 3.75 4.64 4.99 6.50op 6.30op

Luminus Financial 2.55 3.05 2.75 2.95 2.9 2.95 6.3

mCaP 2.6 3.6 3.95 4.35 4.89 5.14

meridian Credit Union 2.6 4 3.09 3.14 3.65 4.39 2.95 6.30op

Parama Credit Union 2.85 2.85 3.05 3.15 3.25 3.4 3.00op

Steinbach Credit Union 2.5 2.7 2.8 2.9 2.95 3.2

homebuyers’ help

Compare mortgage rates for your best deal

Notes **Interest rate charged subject to adjustment during term mortgage. Please consult institution for term of years available. all rates are prime rates and subject to change without notice.r.o.r. RaTES ON REQUEST op OPEN ----- NOT QUOTING n/a NOT aVaILaBLEmay 5, 2014. Prepared By Fiscal agents Financial Information Services 905.844.7700

may 10 - 24, 2014 new Condo Guide 141

45 Charles Ltd. - Chaz Yorkville Condos 31

Aspen Ridge Homes - Studio on Richmond 47

Bazis Inc. - E Condos 19

Bazis Inc. - No1 Yorkville 5

BILD - Promo 60

Brandy Lane Homes - The Station 48

BSaR Ltd - 12 Degrees 79

Camrost - Felcorp - Imperial Plaza 3

Camrost - Felcorp - Yorkville Plaza II 1

Canpages - Promo 111

Castleridge Homes - The Clairington 107

Chinese Home & Condo Guide - Promo 68

City Core - Harmony Village Sheppard 73

Concord Adex - FWD at Concord CityPlace 44-45

Cresford Development Corp. - 1000 Bay IBC

Cresford Development Corp. - CASA 2 IBC

Cresford Development Corp. - CASA III IBC

Cresford Development Corp. - Lofts 399 IBC

Cresford Development Corp. - Merton Yonge Condominiums 144 & IBC

Cresford Development Corp. - NXT at Windermere By the Lake IBC

Devron Developments - The Academy 129

Digital Device - Promo 42

Dundee Kilmer Developments - Canary District Condominiums 55

Easton’s Group - Dundas Square Gardens 81

Eden Shaw - Chaz Yorkville Condos 31

Edilcan Development Corp. - Triumph at Valhalla 65

Empire Communities - Rain Condominiums 7

Empire Communities - The HUB 6

Empire Communities - The Mark 6

Empire Communities - Water Tower at Eau Du Soleil 6

Family of magazines - Promo 140

Fernbrook Homes/Cityzen Dev. - Garrison Point 67

Fieldgate Homes - 90 Niagara 61

Fram Building Group - SOUL 143

Geranium Homes - Pace on Main 92-93

Great Gulf Homes - Charlie 23

Great Gulf Homes - HOT 23

Great Gulf Homes - Monde 22

Great Gulf Homes - One Bloor Residences 22

Great Gulf Homes - One Sherway Condominiums 22

Great Gulf Homes - X2 23

Great Gulf Homes - Yonge+Richmond 23

Guizzetti Developments - Grand Palace 99

K-CAP Laird Inc. - The Upper House Condos in Leaside 26

Lamb Development Corp. - The Harlowe 75

Lanterra Developments - 11 Wellesley 11

Lanterra Developments - Riverhouse at the Old Mill 18

Lemine Investment Group - The Academy 129

Liberty Development Corp. - Centro Square Condos 2 36

Liberty Development Corp. - Legacy Park 37

Liberty Development Corp. - World on Yonge 35

Lifetime Developments - The Bond Condominiums 27

Lifetime Developments - The Code 25

Luxury Living Magazine - Promo 56

Malibu Investments Inc. - Smart House 57

Menkes Developments Inc. - 87 Peter Insert

Menkes Developments Inc. - Corporate Insert

Metropia - E Condos 19

Monarch Corporation - Corporate Insert

Monarch Corporation - Picasso on Richmond Insert

Monarch Corporation - Riva del Lago Insert

National Homes - Richview 123

Orchard Point Corporation - Orchard Point Harbour 83

Pemberton Group - Corporate 8-9

Pinnacle International - 33 Bay Residences at Pinnacle Centre 63

Pinnacle International - Model Suite of the Month 62

Pinnacle International - Palatila Collection 63

Pinnacle International - Pinnacle Grand Park 2 63

Pinnacle International - Pinnacle Uptown, Crystal 2 63

Pinnacle International - The Marquee Townhomes on the Park 63 & 97

Pinnacle International - The Pinnacle on Adelaide 63

Plaza Premium Lounge - Promo 33

Queenscorp Residences - Watermark 115

Rio Can - E Condos 19

Shopping Guide - Promo 106

Sorbara Group - Beacon 77

Stanton Renaissance - On The Go Mimico 127

Tarion - Tarion Awards of Excellence 17

The Daniels Corporation - Cinema Tower Condominiums 43

The Daniels Corporation - High Park Condominiums 15

The Daniels Corporation - NY2 41

The Daniels Corporation - One Park Place South Tower 29

Torbel Group - Diva Condo 119

Tower Hill Development Corporation - 2221 Yonge 71

Tribute Communities - The College 49

Tridel Corporation - Alter IFC

Tridel Corporation - Corporate BC

Triumph Developments - Howard Park 2 69

Urban Capital - RC3 51

Urban Capital - Smart House 57

Valery Homes - Royal Connaught 103

VHL Developments Ltd. - 2150 Condos 125

VHL Developments Ltd. - Haven On The Bluffs 125

Worsley Urban Partners - Totem Condominium 59

Your First Home & Condo - Promo 98

index of advertisers


M E R T O N Y O N G E T O W N H O M E S

view

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CRES 33442 Condo Guide Ad.indd 1 17/04/14 1:50 PM

6.875” x 10.5” IGF 7.25” x 10.5” IFCfold

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TRI 23699 ALTER CG IFC GF May 14.indd 2-3 2014-05-05 12:47 PM

7.5" x 10.5" OBC

Relax. It’s a Tridel.

tridel.comTridel®, Tridel Built for Life® are registered trademarks of Tridel and used under license. ©Tridel 2014. All rights reserved. E.&O.E. April 2014. *Price and specifications subject to change without notice.

Throughout the entire home buying process, we’re determined to create a positive experience for you. In fact, our commitment to your satisfaction starts long before you are even our customer. It starts from the moment you step into a Tridel Presentation Centre and continues long after you’ve settled into your new home. Maintaining the highest standard of customer care from start to finish is why we continue to lead the industry in customer satisfaction ratings and awards. For a builder that focuses on what’s important to you, look to Tridel.

NOrth YOrk

trIO at atrIa Now Selling 416-645-8866 Sheppard, east of 404

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TRI 23481 CG GF IFC OBC Apr 14.indd 4 4/2/2014 10:19 AM

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