gta new condo guide - may 21, 2016

INSIDE THIS ISSUE

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7.25" x 10.5" IFC6.875" x 10.5" FOLD OUT IFC

BUILT for urban living.NEW RELEASE OF UPPER FLOOR DIAMOND COLLECTION SUITES.

Live high atop Metrogate in its newest tower, AVANI 2. The newly released upper floor suites are designed for an urbane lifestyle coupled with breathtaking views of the surrounding city and Central Metrogate Park. Discover a wide array of bright open-concept 1 and 2 bedroom layouts, many with dens and media alcoves, featuring 9 ceilings, contemporary features and premium finishes.

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tridel.comEIGHT DECADES OF HOME BUILDING. OVER 80,000 HOMES BUILT. TRIDEL COMMUNITIES ARE BUILT GREEN. BUILT FOR LIFE.*Price and specifications subject to change without notice. Tridel 2016. Tridel and design, D design, Tridel Built for Life and design, Built Green. Built for Life and design are registered Trademarks of Tridel Corporation. Project names and logos are Trademarks of their respective owners. All rights reserved. Illustrations are artists concept only. Specifications subject to change without notice. E. &O.E. May 2016.

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6.875" x 10.5" OGF

tridel.comEIGHT DECADES OF HOME BUILDING. OVER 80,000 HOMES BUILT. TRIDEL COMMUNITIES ARE BUILT GREEN. BUILT FOR LIFE.

Tridel 2016. Tridel and design, D design, Tridel Built for Life and design, Built Green. Built for Life and design are registered Trademarks of Tridel Corporation. Project names and logos are Trademarks of their respective owners. All rights reserved. Illustrations are artists concept only. Specifications subject to change without notice. E. &O.E. May 2016.

I N T R O D U C I N G

DIAMONDCOLLECTION

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File Name: TRI 29286 Tridel Ads of the Week_Avani2 IFCCyan Magenta Yellow Black

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Writer: Creative Director: Studio Manager:

Production Artist: Ap Designer: Account Manager: Production Manager:

T H E F O X B A R . C A

B O O K Y O U R P R I V A T E A P P O I N T M E N T

Brokers Protected. L i st ing Agent: Kev in Cr igger. Johnston & Danie l a d iv i s ion of Roya l LePage Rea l Estate Serv ices Ltd . , Brokerage. Pr ices and spec ificat ions are sub ject to change without not ice . I l lustrat ions are art i s t s concept . E . & O.E

S U I T E S & T OW N H O M E S F RO M

$ 8 5 0 , 0 0 0 T O $ 2 , 6 9 5 , 0 0 0

Introducing The Foxbar Collection at Blue Diamond, a new release of spacious 2 & 3 bedroom luxury suites and town homes within the exclusive Imperial Village community at Avenue Road and St. Clair, distinctly Forest Hill.

I N T R O D U C I N G

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Understanding the agreement

The industry is enormous

Susan LeggeEditor-in-Chief / Director of ContentYellow Pages NextHomeEmail: [email protected]: @SusanLegge

Elisa KrovblitSenior EditorYellow Pages NextHomeEmail: [email protected]: @ElisaKrovblit

Buying a brand-new condo o ers an

opportunity to get exactly what you

want. It can be a dream come true

and an investment for the future, but

dont forget, its a legal transaction.

The term get it in writing has never

been more important. Your contract

outlines everything your new home

will have in it and around it. Otherwise

known as the Agreement of Purchase

and Sale, the contract spells out

the terms between you and your

developer and/or builder. Without

it, if there is a misunderstanding or

disagreement, its impossible to prove

what was agreed upon.

Since building a home is much more

complicated than a resale transaction

where the home already exists, there

is no set Agreement of Purchase and

Sale or standard contract. Builders

often prepare their own agreements

so contracts can vary.

Before you sign a contract, review

it carefully and ask questions to

make sure you fully understand

it. Take it to a real estate lawyer.

Once it is signed, it becomes a legal

document, so seeking the services of

an experienced lawyer is an important

step toward ensuring that your dream

home becomes a reality.

Have you ever considered how

many people are involved in that

new condo youre going to buy?

The condo construction industry is

an amazing boon to our economy,

providing jobs in every category

from labour and construction to

management, marketing, engineering,

design, legal, sales and fi nancing.

Think about it. From fi nding a plot

of land until the time you get the keys,

there have been numerous people in

that space youre going to call home,

and even more people managing the

transaction from start to fi nish. These

are all real people being employed by

the industry. Even me, the editor of this

magazine, helping you discover the

condo you want. The condo building

industry has a bigger impact on our

city and economy than most realize.

Its enormous.

With that in mind, enjoy this issue

of New Condo Guide. Weve got

everything from pre-construction

to move-in ready in this issue. Youll

fi nd great advice in our magazine and

online too. Visit YPNextHome.ca.

+ get social

Editors' Notes

EXPLORING BAYVIEW VILLAGE

Interact with us on social media: ypnexthome

MORE PHOTOS ONLINEnexthome.yp.ca/toronto-bayview-village

002 EditorsNote May 21 GTA_JM.indd 2 5/17/16 2:20 PM

2 YPNEXTHOME.CA

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Contributors

BILD REPORTBRYAN TUCKEYBryan Tuckey is president and CEO of the Building Industry and Land Development Association (BILD) and can be found on Twitter (twitter.com/bildgta), Facebook (facebook.com/bildgta), Youtube (youtube.com/bildgta)and BILDs o cial blog (bildblogs.ca).

DESIGNER ADVICEYANIC SIMARDYanic Simard is New Condo Guides design editor, principal designer of the award-winning Toronto Interior Design Group (tidg.ca), and regular guest expert on Citys Cityline.

LEGALLY SPEAKINGJAYSON SCHWARZJayson Schwarz LL.M is a Toronto real estate lawyer and partner in the law fi rm Schwarz Law LLP. Visit the website at schwarzlaw.ca or email [email protected].

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

INVESTOR INSIGHTSANDREW LA FLEURAndrew la Fleur is an award-winning realtor with Re/Max. Andrews expertise is in helping investors make money in the Toronto condo market. Contact Andrew at 416.371.2333 or [email protected].

STAT CHATBEN MYERSBen Myers is senior vice-president of market research and analytics at Fortress Real Developments. Follow his blog posts and commentary on the Canadian housing market at fortressrealdevelopments.com/news or follow him on Twitter at @BenMyers29.

SMALL SPACESLISA CANNINGLisa Canning runs Lisa Canning Interiors, specializing in two-hour in-home interior design consultations. She blogs at Lisa Canning: Blueprints for a Beautiful Life at lisacanning.ca. Look for the hashtag #canningreno on her social media streams to see her own home renovations.

more onlineWe have even more content online! Read more stories from our team of contributors at ypnexthome.ca, including stories by:

PRESIDENT, YELLOW PAGES NEXTHOME

Jacqueline Hill

EDITOR-IN-CHIEF / DIRECTOR OF CONTENT

Susan Legge

DIRECTOR OF SALES

Moe Lalani

ASSOCIATE PUBLISHER

Anne-Marie Breen

ASSOCIATE PUBLISHER, NEW HOME & CONDO GUIDE SOUTH WESTERN ONTARIO

Susan Maxwell

ART DIRECTOR

Daiana Garay

SENIOR EDITORS

Elisa Krovblit Lydia McNutt (on leave)Jackie Marchildon

EDITOR

Sonia Bell

CONTRIBUTING EDITORS

Wayne KarlSara Duck (on leave)

DESIGN EDITOR

Yanic Simard

SENIOR ACCOUNT EXECUTIVES

Dionne [email protected] [email protected]

SALES & MARKETING CO-ORDINATOR

Terry Bassett

PRODUCTION MANAGER

Bala Gnanapandithan

PRODUCTION CO-ORDINATOR

Sandra Hanak-Vujnovic

GRAPHIC DESIGNER

Miguel Cea

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

ADVERTISING Call 416.626.4200 for advertising rates and information. CIRCULATION Free distribution in select high-tra c street boxes, stores, banks, fi nancial institutions and select condominium sales o ces.COPYRIGHT 2016 All rights reserved by Yellow Pages Homes Limited. Reproduction in any form is prohibited. Contents of this publication are covered by copyright and o enders will be prosecuted under the law.TERMS Advertisers, editorial content and New Condo Guide are not responsible for typographical errors, mistakes or misprints. All prices are correct as of press time and are subject to change without notice. E. & O. E. EDITORIAL Submissions from interested parties will be considered. Email to [email protected]. The views and data expressed by columnists do not necessarily represent those of the publication.

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

004 Contributors masthead_May 21_JM.indd 2 5/17/16 2:20 PM

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MAY 21 - JUNE 4, 2016 | NEW CONDO GUIDE 9 8 YPNEXTHOME.CA

Property Profile | PEMBERTON GROUP

FOR DECADES, THE PEMBERTON GROUP name has been synonymous

with dedication, talent and leadership because of the team behind it.

Pemberton takes pride in designing and building diverse condominium

communities that have their own unique appeal. Each community delivers

top quality materials and craftsmanship, impressive onsite recreational

amenities, superb customer service and lasting value. Pemberton suite

owners enjoy an enviable lifestyle in sought-after neighbourhoods across

the Greater Toronto Area, along with the peace-of-mind that comes from

buying from a well-trusted builder.

NEW AND HOT Be among the first to ownPembertons most recent introductions include: Downtown Erin Mills

Tower 2 in the heart of Mississauga; Indigo Condominiums in Maple, and

the new sales centre for CityLights South in mid-town Toronto.

At Downtown Erin Mills, Tower 2 offers all-new designs including one-

bedroom plus den, two-bedroom, two-bedroom plus den and three-

bedroom layouts. The first building is under construction in this master-

planned community steps from Erin Mills Town Centre, in an established

LocationAcross the GTA

BuilderPemberton Group

DevelopmentDowntown Erin Mills Tower 2Indigo CondominiumsCityLights on BroadwaySkyCity2Ten93 Queen WestVivid CondominiumsThe Urban Townhome Collection

Home TypeHigh-rise condominiums; mid-rise suites; and townhomes

Sales Centre + Contactpembertongroup.com

Inspired living across The GTAChoose the Pemberton community you want to call home

Downtown Erin Mills residents will enjoy over 17,000 square feet of amenities.

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neighbourhood with schools and parkland. The

onsite two-storey recreational centre will total

more than 17,000 sq. ft. Prices begin from the

low- $300s. 905.603.6300.

Master-planned Indigo Condominiums is a

mid-rise community with spacious suites and

townhomes in the historic Village of Maple. This

coveted Vaughan location, at Major Mackenzie

and Dufferin, is adjacent to the Maple GO

station and shopping. The area boasts the allure

of urban living with connectivity to the GTA. A

GO train commute to Union Station takes just

over a half hour! Indigo features a roster of

impressive amenities. Prices begin from the low

$400s. 905.553.1430

Construction is starting this spring at

CityLights on Broadway. CityLights is one of

Yonge and Eglintons fastest-selling condo

communities because it is among the areas

best values. Every necessity imaginable is within

walking distance. The subway and new LRT will

be steps away, and CityLights has an astounding

28,000 sq. ft. of superb indoor and outdoor

leisure and entertainment amenities. The

permanent sales office with model vignettes

is now open. Prices start from $199,990.

416.546.6605

SUCCESSFUL COMMUNITIES Offer special incentivesConstruction is underway at Ten93 Queen

West, situated on Queen Street West at

Dovercourt Road. Vogue magazine rated this

neighbourhood the second hippest district in

the world. The area is defined by cutting-edge

dining, theatre, music and nightlife; plus fashion

boutiques and galleries. Amenities include

a stylish party room that rivals local clubs. A

selection of suite styles is still available, priced

from the $280s including current incentive.

416.546.6355

Construction is stating this Spring at SkyCity2.

Live the amenity-rich Sky Life close to York

Region Transit, GO train and GO bus service.

Residents can walk to shopping, dining and

entertainment venues. Tower 1 offers move-ins

as soon as 120 days. Tour the furnished model

for a full appreciation of these well-appointed

suites. Prices start from the low-$300 including

current incentives. 905.709.5700

At transit-friendly Vivid Condominiums,

buy with just five per cent down and move

now, close to the Islington subway and Kipling

GO stations, in Etobicoke. Available luxury

one-bedroom plus den suites are priced at

$411,490 including current incentive, plus one

parking space and a locker, valued at $35,000.

416.239.8200

An exclusive enclave, The Urban Townhome

Collection at U Condominiums is under

construction along Bay Street, steps from

Bloor-Yorkville. Townhomes are priced from

$2.2 million. You may tour the two-time award-

winning designer model home by appointment.

Move in this year, and watch for new models

coming soon. 647.344.2573

To register and explore Pemberton Groups

many fine condominium communities, visit

pembertongroup.com. You can also follow the

company on Facebook, Twitter, Instagram and

YouTube.

TOP

Indigos landscaped terrace is ideal for lounging, barbecuing and dining outdoors.

BOTTOM

CityLights Broadway Club boasts 28,000 sq. ft. of indoor and outdoor health and entertainment facilities.

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BazisEstates on Bayview: Luxury townhomes in Bayview Village

ON THE COVER

property profi les

08 Pemberton GroupChoose a community you want to call home

60 Madison Homes and Fieldgate Homes

Forest Hill living at Zigg Condo

66 Harhay Developments Move up to oneeleven in King West

84 Laurier Homes and Mutual Developments Luxury lakeside living at Upper Beach Club

buyer profi les

70 Fifth on the ParkAn aff ordable option at a convenient location

trending

24 MenkesProposes new development for Toronto Waterfront

+ online

SEARCHHOME

NEIGHBOURHOOD

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MAPSLOOK FOR THE CIRCLE

+PHOTOS+VIDEOS+ADVICE+INSPIRATION+TRENDING

MORE

contentsMAY 21 - JUNE 4 2016 | VOLUME 20, ISSUE 11

20

010-011 CG GTA TOC May 21.indd 2 5/17/16 4:03 PM

84

66

neighbourhood profile

68 Bayview VillageA true live-work-play neighbourhood

buyers resource section

88 Hot properties 905Previews, new releases and grand openings in the 905

89 Hot properties 416Previews, new releases and grand openings in the 416

in every issue

02 Editors note

04 Contributors

102 Advertiser index

103 Whats online

district maps

90 Toronto and Waterfront

96 905 region

36 OAA awards gala Unveils three additional honours

76 Market news Memorial unveiled honouring fallen workers

86 Global Kingdom Ministries Trinity Ravine Towers offers a new lease on life

advice 12 BILD report

Celebrating excellence at the annual BILD Awardsby Bryan Tuckey

14 Investor insightsRecession-proofing your investmentby Andrew la Fleur

16 Fundamentally speakingInfrastructures big boostby Wayne Karl

18 Stat chatExperts not worried about the highrise marketby Ben Myers

28 Legally speakingWhy do you need a lawyer?by Jayson Schwarz

32 Small spacesFive tips for small-space decoratingby Lisa Canning

40 Condo proGive maintenance fees the credit they are due by Barbara Lawlor

42 Moving adviceTo pack or not to pack? by Chuck Resnick

50 Money mattersStaying home with kids by Gail Vaz-Oxlade

56 Hot topicsFinishes and options that pay off by Kara Kuryllowicz

64 Home sweet homeCuring that case of buyers remorseby Lydia McNutt

inspiration

22 Outdoor decorWoven and wicker

72 Designer adviceThe fully finished bathroomby Yanic Simard

78 Luxury living The luxury of fresh

010-011 CG GTA TOC May 21.indd 3 5/17/16 4:03 PM

12 YPNEXTHOME.CA

Celebrating excellence at the annual BILD Awards

Advice | BILD REPORT

OUR INDUSTRY RECENTLY celebrated

the many city builders whose

projects, designs and campaigns are

not only providing new homes but

working to grow and improve our

communities in the GTA.

At the 36th annual BILD Awards, we

recognized 64 member companies

for their excellence in sales,

marketing, design and construction of

new homes and communities. Prizes

were handed out in 48 categories.

This years program featured many

new modernized categories that

refl ect todays GTA housing market

such as awards for innovation and the

inclusion of midrise developments

within several categories.

For Home Builder of the Year, our

most coveted prize which recognizes

the company that sets the standard for

the rest of the industry, we celebrated

two builders for the fi rst time ever.

In the GTA today, we are building

as many mid- and highrise homes

as lowrise homes due to provincial

intensifi cation policies, so it was

appropriate to recognize the leading

builders from both markets.

Great Gulf Homes won in the

lowrise category for its commitment

to exceptional architectural design

and building quality, considerable

philanthropic activities and customer

service excellence.

For its contribution to industry

innovation, exacting quality control

process and outstanding employee

engagement, Tridel was recognized

for the mid- and highrise market.

Tridel also won the inaugural award

for Best Customer Care and was

named Green Builder of the Year. In

2015, the company built 1,150 new

homes in more than 10 million sq. ft.

of LEED certifi ed buildings.

Best New Community Built,

another award introduced this

year, was presented to Hullmark

Developments and Tridel for Hullmark

Centre in North York. The only award

category that recognizes a fi nished

development, it honours the best

complete community that embodies

provincial smart growth principles.

Two outstanding new GTA

developments were crowned

Projects of the Year. This distinction

recognizes projects that best

combine excellence in design and

marketing while exemplifying quality

and innovation.

The uniquely designed mixed-

used condominium development

Art Shoppe Lofts + Condos by

Freed Developments and Capital

Developments won the Project of the

Year Mid/Highrise award. 35 Wabash

by Zinc Developments received top

honours for lowrise project. This was

one of three awards earned by the

modern townhome development.

Innovation was a major theme

at this years BILD Awards, with an

emphasis on recognizing architectural

design that is increasing housing

choices for entry-level consumers.

The award for Best Innovative Suite

Design went to Building Capital Inc.

for SmartStudios, a modestly priced

274-sq.-ft. condo showcasing multi-

purpose features within the University

Studios project in Oshawa.

Best Innovative Home Design

was awarded to Mason Homes for

the Oakwood, part of its Courtyard

Collection development in Port Hope.

The inventively designed model o ers

the fl exibility to be built as a detached

home, semi-detached home or a

townhome with a sale price starting at

just $387,900.

This is just a small sample of the

award winners and the great work

being done by the entire home

building and land development

industry in the GTA. To learn more

and see the complete list of winners

visit bildblogs.com

Bryan Tuckey is president and CEO of the Building Industry and Land Development Association and a land-use planner who has worked for municipal, regional and provincial governments. Follow him on Twitter @bildgta, facebook.com/bildgta, and bildblogs.ca

MORE ADVICE ONLINEnexthome.yp.ca/news/advice

By Bryan Tuckey

Art Shoppe Lofts + Condos by Freed Developments

35 Wabash by Zinc Developments

012 BILD Report_MC-WK-SB.indd 2 5/17/16 10:46 AM

surround yourself with what you love

your waterfront Directly across from Canadas Sugar Beach Charming, lively Waters Edge Promenade & Boardwalk

Quick access to the ferry & Toronto Island

your red carpet treatment VIP Passport to unforgettable cultural events Curator-led tours & workshops with Artscape, TIFF & NXNE

your views Outstanding views of Torontos iconic skyline

your home Daniels quality construction Impeccable suite designs Designer features & fi nishes, including Miele kitchen appliances

your amenities Private, pool-side cabanas Tennis, basketball & bocce Jam studio, art studio, fi tness studio

your neighbourhood Animated cobblestone courtyard with retail, cafs & eateries in The Yard

Picturesque trails & parks Minutes to St. Lawrence Market, Loblaws, The Esplanade & more

your conveniences Quick connection to the city core Transit at your front door Easy access to the Gardiner, DVP, GO transit & Billy Bishop Airport

Live in the centre of it all - connected to the waterfront, the city, the arts, and the cultureWelcome to Lighthouse Tower at Daniels WaterfrontCity of the Arts, a master-planned, mixed-use community surrounded by creativity, inspired by arts, and driven by innovation. This visionary gateway to Torontos East Bayfront, where Lower Jarvis meets Queens Quay, ushers in a new era of living and the opportunity to SURROUND YOURSELF WITH WHAT YOU LOVE - AND LOVE WHERE YOU LIVE.

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Under Construction | Move in 2018DANIELSWATERFRONT.COM 416.221.3939Exclusive Listing: CityLife Realty Ltd. Brokerage. Brokers Protected. Illustrations are artists concept. Prices and specifi cations are subject to change without notice. E.& O.E. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without prior written permission of The Daniels Corporation, is strictly prohibited. Actual view may not be exactly as shown.

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14 YPNEXTHOME.CA

Advice | INVESTOR INSIGHTS

INVESTING IN A PRE-CONSTRUCTION

condo is not without risk. You are

e ectively buying a contract with the

hope that one day this contract will

become a piece of real estate that is

worth more than the price you are

paying for it today. A lot can happen

in those three to fi ve years while your

condo is being built. Here are two tips

to help ensure your investment is a

successful one.

1 | Always buy below market value

Your goal should always be to buy

something that will increase in value,

and the best way to do that is to

buy something that is priced below

the current market value of a similar

resale property. For example, if a

one-bedroom across the street in

a brand new completed building

sells at $300,000, and you can buy

a similar one-bedroom in a pre-

construction condo at $285,000,

then you are well insulated from any

market fl uctuations over the next few

years and you are positioned to have

a property that is worth more when

completed than when you bought it

before the shovels hit the ground.

2 | Always buy cash-fl ow positive

Investing in real estate is not a

get-rich-quick scheme, but it is

how most of the worlds wealthiest

people have earned their fortunes.

The best real estate investors always

buy for the long term. I always

encourage my clients to take the

long-view approach when buying

By Andrew la Fleur

MORE ADVICE ONLINEypnexthome.ca/news/advice

pre-construction and to plan on

renting their unit out for at least

one year (preferably more) after

the completion of the building.

Flipping before project completion

(assignment) is a highly risky strategy

and should be considered only as a

back-up plan.

With this in mind, you should

only buy a pre-construction condo

that will provide you with positive

or break-even cash fl ow with the

standard 20- to 25-per-cent down

payment. If at the current valuation

and given current market rates for

rents, you cannot reasonably expect

to cover all your expenses, then

stay away!

If you do your homework before

buying by following these two tips,

you will be in great shape for years

to come.

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

From contract to condo:Recession-proofi ng your investment

With this in mind, you should only buy a pre-construction condo that will provide you with positive or break-even cash fl ow with the standard 20- to 25-per-cent down payment.

014 Advice Andrew la Fleur-recession proof condo investment_MC-_L-SB.indd 2 5/17/16 12:47 PM

2016 TARION HOMEOWNERSCHOICE AWARD

FOR MORE INFORMATION ABOUT DANIELS COMMUNITIES ACROSS THE GREATER TORONTO AREA VISIT:

The Daniels Corporation would like to

2016 ONTARIO HIGH-RISEBUILDER OF THE YEAR

from the bottom of our hearts.THANK YOU

www.danielshomes.ca

Thank you for putting your faith in us, for trusting us to build your new home.

And thank you for taking the time to tell the Tarion Warranty Corporation how we did.

Your feedback put us on top, and this Homeowners Choice Award means the world to every member of our team.

It also reinforces our commitment to creating homes and communities where you will love where you live.

DANI 46951 Condo Guide FP Ad.indd 1 2016-05-12 10:16 AM


015-Daniels-Corp 05-21-16.indd 15 2016-05-16 6:11 PM

16 YPNEXTHOME.CA

Advice | FUNDAMENTALLY SPEAKING

THERES AN OLD JOKE that Toronto

has only two seasons winter and

construction. But as anyone travelling

along the Gardiner Expressway lately

(over the last two years or so), or

along the QEW to or from Hamilton,

or any number of other local

congestion points, can attest, tra c

in the GTA is anything but a laughing

matter.

Unfortunately, such is life in

the Big Smoke now and for the

foreseeable future. Once upon a

time, construction season may have

been only during the warmer weather

months. But those days are over. You

can now count on it almost being a

24/7, year-round endeavor.

Indeed, with continuing

immigration, general growth and

construction expansion all

happening at a quicker pace than

infrastructure improvements our

highways and transit systems are

being strained like never before.

Population in the GTA continues

to increase by about 100,000 people

per year. Research suggests that by

2031, there could be three million

more people living in the area

bringing with them an additional

1.5 million vehicles. If you think

tra c and transit are challenging

now, just wait.

This is why last year the provincial

government committed to a

comprehensive 10-year economic

plan that includes more than $130

billion in infrastructure investments.

Two dedicated funds are being

created to support infrastructure

projects essential to Ontarios

Infrastructures big boost

By Wayne Karl

MORE ADVICE ONLINEnexthome.yp.ca/news/advice

economic growth and job creation in:

Greater Toronto and Hamilton Area (GTHA) Improvements to GO

Transit rail service and public transit

investments to address congestion,

support economic development

and improve mobility throughout

the region, and

Outside the GTHA Investments in roads, bridges, transit and

other essential infrastructure

across the province, identifi ed in

partnership with Ontario regions

and communities

Why, you may be wondering,

should you care about all this stu as

a prospective homebuyer?

As youve likely experienced fi rst-

hand, proximity to infrastructure is

becoming more important than ever.

Access to a variety of amenities and

essentials from transit to health

care to schools to shopping to

recreation is a critical determining

factor for builders and buyers alike. It

matters for lifestyle and comfort while

you live there, as well as for resale

potential down the road.

So, stop waiting for construction

season to end. While youre out

shopping for your new home, look

around to see how far you are

from the nearest highway or rapid

transit system existing or under

construction that a ords you

a reasonable commute; and how

close you are to health care, schools,

shopping and recreation. These

communities will be at a premium,

now and in future.

Wayne Karl is an award-winning writer and editor with experience in real estate and business. In Fundamentally Speaking, Wayne explores the basics you need to examine when buying property. He can be reached at [email protected] or follow him on Twitter at twitter.com/WayneKarl.

016 FS Infrastructure_MC-WK-JM.indd 2 5/17/16 12:47 PM

We call it Pemberton.

Everything a home should be.The Pemberton difference isnt simply in how we build. Its in what you feel. The feeling you get when weve delivered exactly what we promised and everything you want. A feeling that, while difficult to describe, feels overwhelmingly right. With decades of experience and a reputation for building truly exceptional condominiums in the Greater Toronto Areas greatest communities, we invite you to experience the feeling yourself.

Learn more at pembertongroup.com

All illustrations are artist concept.

SkyCity Condos / Richmond Hill

Ten93 Queen West / Toronto

The Urban Townhome Collection / Toronto

Downtown Erin Mills / Mississauga

Indigo Condominiums / Maple

CityLights on Broadway / Toronto

66751_Pemberton-NCG-gatefold_FINAL.indd 1 2016-03-02 3:21 PM

You call it a place to relish life.

66751_Pemberton-NCG-gatefold_FINAL.indd 2 2016-03-02 3:21 PM

Register your interest at

KennedyCondos.com

Condos at Kennedy and 401. Multi-tower Master Plan.

Near the GO, great shopping and a 4-star hotel.

Starting from the low $200s

CONDOMINIUMST H E K E N N E D Y S

k

The Kennedys are coming.

Prices and specifications are subject to change without notice.

BROKERS PROTECTED. E. & O.E.

017-Samm-Kennedy 05-21-16.indd 17 2016-05-17 9:56 AM

18 YPNEXTHOME.CA

Advice | STAT CHAT

IN EARLY MAY, I was part of a panel at

the Land & Development Conference

that discussed the ongoing evolution

of the condominium market. Leor

Margulies, moderator and top

development lawyer, had prepared

some tough questions for the fi ve

market experts.

I kicked o the session with a quick

presentation, noting that there were

62,000 condominium apartments

completed in Canada in 2015, a 33

per cent annual increase according to

CMHC. Condos accounted for over

36 per cent of total completions, the

highest share in over 25 years.

My next few slides concentrated

on the Greater Toronto Area (GTA)

highrise market. In Q1-2016, new-

condo sales jumped 37 per cent

annually, and unsold developer

inventory declined to its lowest level

since 2011. Resale condo transactions

increased 21 per cent year-over-year,

and the sales-to-listings ratio was at

its highest level since 2010, according

to market research fi rm Urbanation

Inc. First quarter resale prices

increased 8.4 per cent annually, while

rental rates for private landlord-held

condominiums appreciated by 6.8 per

cent over Q1-2015.

The numbers speak for themselves,

the market remains red hot. Margulies

asked about foreign investment in

pre-construction condominiums

and Tridels Jim Richie said less than

three per cent of their sales between

2005 and 2014 were to o shore

buyers, while 2015 was about fi ve per

Toronto condo experts not worried about the highrise market

By Ben Myers


cent. Developers take larger down

payments from international buyers,

and Tridel has never had one of these

purchasers fail to close on their unit.

On the tiresome question of short-

term condo speculators, Richie and

I agreed that there are very few of

these buyers; slower new-condo

price growth, plus transactions costs

have almost eliminated this buyer

group. Data from Urbanation Inc.

shows that the share of units traded

at newly completed and registered

condominium buildings shows a

decline in recent years, suggesting

the majority of investors are buying

to hold and rent their suites. Why

wouldnt they? The Toronto condo

rental market is extremely strong

the 6,136 units leased in Q1-2016

represented an annual increase of 25

per cent!

Mike Czestochowski of CBREs

Land Service Group noted that land

prices have shot up recently due

to increased competition, and it is

likely that those increases will be

passed on to new-condo buyers.

After a number of years of three- to

four-per-cent price growth in the

new-condominium market, the

expectation is that 2016 will see much

higher price increases.

The panel didnt seem too worried

about the condominium market in

Toronto in 2016. We expect further

population growth, strong activity

due to the improved jobs market, and

further demand for condos due to

the increasingly una ordable lowrise

housing market.

The standing-room-only discussion

shows there is still a keen interest

in the condominium market in the

GTA, and many of the leading experts

believe the market will remain stable

in 2016. Good luck in your search,

and happy condo hunting.

Fortress Real Developments partners with builders across Canada, and Ben assists in evaluating the market and projects that Fortress engages in. Follow his blog posts and commentary on the Canadian housing market at fortressrealdevelopments.com/news or follow him on Twitter at @benmyers29.

018 Advice Stat Chat-Ben Myers (high-rise May11 2016)_MC-JM.indd 2 5/17/16 10:46 AM

E S T A T E S o n B A Y V I E W . C O M

ARRIVING SOON

LUXURY TOWNHOMES WITH PRIVATE BACKYARDS

LOCATED ON BAYVIEW, NORTH OF YORK MILLS

CUSTOMIZE EACH LEVEL TO SUIT YOUR LIFESTYLE*

S T A R T I N G F R O M $ 1 . 9 5 M I L L I O N

*Ask sales representative for details. Prices and specifications are subject to change. All renderings are artists concept. E. & O. E.

BAZI-EST-A-AD-CONDOGUIDE-MAY4-1.indd 1 5/10/16 10:35 AM

19

019-Bazis-Bayview 05-21-16.indd 19 2016-05-16 6:11 PM


Property Profile | BAZIS

TORONTO IS A CITY of many neighbourhoods Rosedale,

Forest Hill, the Bridle Path but one of the most pastoral

is the lush uptown enclave of Bayview Village. At once

vibrant yet intimate, it is considered to be one of the citys

best and because of that, it is highly sought after. Those

who live within its cozy confines welcome the tranquility

of the neighbourhood with its winding streets and quaint

cul-de-sacs overflowing with majestic birch, maple and

willow trees. Theres a true sense of belonging when you

settle into an established environment such as Bayview

and it is with this in mind that luxury real estate property

developer Bazis is launching their latest property, Estates

on Bayview, in its fold.

Having created some of the citys most iconic residential

developments, including the leaning Emerald Park towers

at Yonge and Sheppard, the rotating Exhibit across from

the ROM, and the sculpturally patterned facade of 1

Yorkville, Rosario Varacalli, Bazis architect and partner,

has envisioned Estates on Bayview as a contemporary

community of 20 luxury townhomes.

Luxury townhomes on Bayview

by Bazis

cover story

Buyers can expect everything that a home in this

neighbourhood demands: 10-ft. ceilings on the main

floor, spacious two-car garage, private elevators and an

abundance of walk-in closets. But perhaps most thrilling

are the oversized terraces and backyards that are exclusive

to these townhomes, truly a rarity in todays real estate

market mix. Residents will essentially have their own

private oasis for entertaining, dining or simply lounging

away an idyllic Sunday afternoon. Whatever your fancy,

whatever your age, these elegant residences have an

appeal for virtually anyone seeking a touch of luxury and

comfort.

Expect much of the same awe-inspiring features with

a variety of custom layouts dependent on your lifestyle.

The location of the kitchen is completely up to you. It all

depends on your needs. Just ask and consider it done.

Beyond the flexibility of location, each kitchen is equipped

with furniture finish cabinetry, top-of-the-line appliances

and oversized islands perfect for the aspiring home chef.

On the second floor, residents will have the option of

two large bedrooms with generous walk-in closets, private

ensuites as well as a library or family/play room, again

depending on needs. Purchasers can also choose from

three- and four-bedroom layouts on the same floor. The

third floor is the relaxation Mecca: a full master retreat

with oversized walk-ins, an ensuite with dual sinks, shower

and freestanding tub. To complement the sentiment,

020-021 COVER Bazis_MC-JM.indd 2 5/17/16 3:17 PM


homeowners have the option of also including a home

gym on this fl oor should they feel inspired to do so. And of

course, the elevator is a must.

At your doorstep expect the citys fi nest shopping

Bayview Village Shopping Centre and the Shops at Don

Mills are mere minutes away. Residents can also benefi t

from the close proximity to the Toronto Botanical Gardens

and the pastoral beauty of the East Don Valley Parklands.

For day-to-day needs, the York Mills Shopping Centre is

just down the street and two hospitals North York and

Sunnybrook are close by. In addition, residents can

enjoy two prestige golf courses, the Rosedale and Bayview

golf and country clubs, and the Granite Club was recently

enlarged to accommodate new members.

And lets not forget easy accessibility to the Sheppard

or Yonge TTC, Highways 401 and 404 and some of the

citys most reputable private and public schools, including

Crescent School, Harrison Public School and York

University Glendon Campus. Art galleries and theatres

LocationBayview Ave. & Highway 401

BuilderBazis

DevelopmentEstates on Bayview

Home TypeFreehold townhomes

[email protected]

round out the variety of ways new residents can get

their cultural and entertainment fi x. With a twenty-

minute commute to Toronto International Airport and

a similar distance to downtown Toronto, the Bayview

Village neighbourhood o ers a 360-approach to living.

Essentially, whatever you need is at your fi ngertips.

Life at Estates on Bayview is tranquil, quiet and

luxurious: all the ideals that not only make up a house,

but defi ne your home.

Bayview is truly a hidden gem, close to all that

matters, says Veronika Belovich, vice president of sales

and marketing for Bazis. It has all the facets one can

want at any stage of life.

Estates on Bayview freehold townhomes will range

from $1.95 million to $2.3 million and are scheduled to

open soon.

For more information about the project, please visit

bazis.ca or email [email protected].

MORE PHOTOS ONLINEnexthome.yp.ca/estates-on-bayview

020-021 COVER Bazis_MC-JM.indd 3 5/17/16 3:18 PM

22 YPNEXTHOME.CA

Inspiration

Debbie Travis Chelsea four-piece Conversation Set$720 sears.ca

Byholma/Marieberg Armchair, Grey, Laila Natural $119 ikea.ca

Vertical Rattan Deck Box with Shelf$300 canadiantire.ca

Uberhaus Soho Bistro Set Black Three Pieces$599 rona.ca

Woven &WICKER

by Elisa Krovblit

Summer sunshine means moving it out-of-doors. This years hottest look is wicker. Whether its rattan or the modern resin version, this wonderful woven look is as hot as mid-day in July. Dont be fooled by faded memories of a Miami lanai, todays wicker is stylish and versatile, and spans from the traditional to the very contemporary!

Resin Wicker Houndstooth Three-Piece Chat Set$600 homesense.ca

Alseda Poof/Ottoman$40 ikea.ca

022 krovblit wicker and woven_JM.indd 41 5/17/16 12:47 PM

THE NEW SHAPECOMING TH I S S PR ING

OF ER IN M ILLS

INNER CIRCLETM MEMBERS RECEIVE SPECIAL PERKS

& PRIVILEGES AT ARC CONDOMINIUMS

First choice of suites, oors and views before

the general public

Your invitation to the rst advance sale

Members only invitations to Daniels hosted events

Access to insider information

To become an Inner Circle Member, simply pay a one-

time membership fee of $300, which will be applied toward

the purchase of your new suite at Arc Condominiums or can be fully refunded to you, at any time, if you decide not

to purchase.

REGISTER NOW I DANIELSARC.COM I 905.306.6996FROM THE LOW $200,000s

Exclusive Listing: CityLife Realty Ltd. Brokerage. Brokers Protected. Illustrations are artists concept. Prices and speci 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. *Conditions apply, see sales representative for full details. Please note that the Arc at Daniels Erin Mills Inner CircleTM membership does not guarantee you the purchase of a suite. No exceptions.

DANIELS IS SHAPING THE FUTURE OF ERIN MILLS!

The Daniels Corporations pioneering vision is reshaping the landscape at Eglinton Avenue West and Erin Mills Parkway. Arc Condominiums is the newest addition to Daniels Erin Mills a master-planned, mixed-use community just steps from the Erin Mills Town Centre, Credit Valley Hospital, Highways 403, 401 and the MiWay. With studio to 3 bedroom suites with incredible lake and city views, Arc Condominiums will rede ne contemporary living built with Daniels legendary quality and integrity. Residents will enjoy unique amenities, including a full court gymnasium, a central community Courtyard complete with a running track, open green space and gardening plots, as well as a Plaza with Farmers Market and retail opportunities. Love where you live, work, play, grow, and shop at Arc Condominiums.

23

023-Daniels-Arc 04-09-16.indd 23 2016-05-16 6:11 PM

24 YPNEXTHOME.CA

MENKES DEVELOPMENTS LTD., on

behalf of a partnership comprised

of Menkes, Greystone Managed

Investments Inc. and Triovest Realty

Advisors Inc., is planning to develop

a landmark mixed-use community in

the waterfront district of downtown

Toronto. The new community will

incorporate employment, retail and

residential uses anchored by a two-

acre public park.

The development site is an 11.5-acre

property, located at the northeast

corner of Queens Quay East and

Freeland Street, one block east of

Yonge Street. Currently the Liquor

Control Board of Ontario (LCBO)

occupies several buildings on the site,

including a retail store, o ce building

and warehouse.

The Menkes partnership signed an

agreement to purchase the property

from the Province of Ontario. They

were selected as the winner following

an open and competitive sale and

selection process.

The proposed development will

include a 24-storey, 600,000-sq.-

ft. o ce tower, 300,000 sq. ft. of

commercial retail space, a new

residential community and a two-

acre park located on the north side of

Queens Quay East, between Freeland

and Cooper Streets. The parks

northern boundary will incorporate

complementary retail spaces along

the future extension of Harbour

Street, which presently ends at Yonge

Street. The parks fi nal design will be

subject to a design competition.

LCBO will be a major tenant of

the proposed Class AAA o ce

tower located at 100 Queens Quay

East, occupying approximately

200,000 sq. ft. of the building. The

buildings ground fl oor will feature

a 25,000-sq.-ft. fl agship LCBO retail

store, replacing the current Queens

Quay store. The existing LCBO

warehouse will be moved o -site.

Trending

B+H Architects designed the

proposed new o ce tower with

the objective of achieving the

highest standards in environmental

sustainability by striving for LEED

Platinum certifi cation. Leadership in

Energy and Environmental Design

(LEED) is an internationally-accepted

rating system that recognizes

excellence in the design, construction

and operation of green buildings.

There is strong and growing

demand for new, high quality o ce

space in downtown Toronto, said

Peter Menkes, president of the

commercial/industrial division of

Menkes. Corporations and their

employees have a desire to be in

the core, close to Union Station and

the revitalized waterfront, and in a

leading-edge facility that is built and

operated in the most environmentally

sustainable manner.

Construction on the o ce tower is

projected to start in the Fall of 2017,

with completion slated for the fi rst

quarter of 2021. Between 4,000 and

4,500 people will work in the building.

Alan Menkes, president of the

highrise residential division of Menkes

MORE TRENDING ONLINEnexthome.yp.ca/news

Landmark mixed-use development proposed for Toronto Waterfront

said, We look forward to working

with the City of Toronto, Waterfront

Toronto and local residents as we

move through the development

approvals process. Our goal here is to

create a dynamic, multi-dimensional,

24-hour community that meets the

diverse needs of the future population

who will work, live and play here,

while also paying tribute to the history

of the site.

Greg Zahorski, senior vice-

president real estate for Greystone

Managed Investments Inc. said, We

are extremely excited to be able

to participate and work alongside

the very experienced and reputable

development group, Menkes

Developments Ltd. The development

of this cutting-edge mixed-use,

environmentally-sustainable

community located in a core

location will be at the forefront in the

revitalization of the waterfront.

Photos (from the left): View of proposed o ce tower at 100 Queens Quay East; view of fl agship LCBO store at base of proposed o ce tower at 100 Queens Quay East. Images courtesy of Menkes Developments Ltd.

024 TR Menkes Developments_MC-SB.indd 2 5/17/16 12:47 PM

T O D AY S L I F E S T O R E Y S TA R T S

H E R E

FA S H I O NA p o p u l a r t r e n d i n s t y l e s o r m a n n e r s o f b e h a v i o u r .

A m a n n e r o f d o i n g s o m e t h i n g .

MOV E IN TH IS Y E A R . FA BR IK I S THE PER FEC T F I T.

Nows a great time to complete your image and own your own home

at FABRIK. Discover some of the citys most stylish restaurants,

nightlife and clothing stores on the nearby King Street West. The

shopping never stops with Queen Street West, Spadina, Kensington

Market and Chinatown right there. The city never sleeps with the

hottest nightclubs, bars and fashionable lounges nearby. The rich

texture of the city weaves itself into your life, embracing you with its

wide-eyed vitality.

MOVE IN SUMMER 2016 ONLY 10% DOWN

Learn more at the Menkes Condo Centre at 770 Bay St., Toronto. Call 416.591.7700 or visit us online at menkes.com

1 & 2 BEDROOM SUITES AVAILABLE STARTING FROM THE HIGH $300S

See sales representative for details. Prices and specifications are subject to change. E.&O.E. 2016.

S TA R T TO S T Y LE

YOUR L I FE AT A DW TN

LO C AT IO N TH AT

ME A SUR E S UP.

365 CHURCH

FABRIK

THE EGLINTONYONGE & EGLINTONNOW OPENFROM THE MID $200S416.591.7700

87 PETER PETER & KINGUNDER CONSTRUCTIONSUITES FROM $740,990416.591.7700

FABRIKRICHMOND & SPADINAMOVE-IN SUMMER 2016FROM THE HIGH $300S416.591.7700

HARBOUR PLAZAHARBOUR & YORKUNDER CONSTRUCTIONFROM THE MID $300S416.591.7700

365 CHURCHCHURCH & CARLTONUNDER CONSTRUCTIONFROM $462,990416.591.7700

THE EGLINTON

87 PETER

See sales representative for details. Prices and specifications are subject to change. E.&O.E. 2016

@ M E N K E S L I F EM E N K E S . C O M

HARBOUR PLAZA

025-Devron-Vangurad 05-21-16.indd 25 2016-05-16 6:11 PM

LOOKING FOR A NEW HOME?

Brand new name, same great app. Everything you need to know to buy or rent your next home.

we can help!

DOWNLOAD THE APP

26 YPNEXTHOME.CA

026-YPnextHome 05-21-16.indd 26 2016-05-16 6:54 PM

Construction starting Fall 2016

Suites from the $400s to over $2.5 million

ROSEDALES REVOLUTION IN LUXURY LIVING An impressive and beautifully proportioned limestone faade marks this prominent intersection on Yonge Street.

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.

L E A R N M O R E

aspenridgehomes.com

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Condos and Towns from the $300s

Condos and TownsFrom the $300s

LIVE AT STUDIO, BE DOWNTOWNSelect suites are still available. Dont miss this nal opportunity to live amidst a cultural mecca of theatres, restaurants and lifestyle hotspots, plus the new OCADU art gallery right at the base of STUDIO.

ARC 28014 STUD CG 15 v2.indd 1 2015-11-25 2:38 PM

27

027-Aspen-Corp 12-05-15.indd 27 2016-05-16 6:11 PM

28 YPNEXTHOME.CA

Advice | LEGALLY SPEAKING

WHEN YOU AGREE TO purchase a

new condominium, there is a 10-day

cooling-o period that allows you to

back out of the deal a get-out-of-

jail-free card, if you will should you

change your mind. Lately, I have had

a large number of new-home buyers

come to me after the 10-day cooling-

o period for condominiums, or the

conditional periods in a freehold new

home o er, had expired. When I ask

them why they waited, I get one of

three standard responses:

1. I didnt think I needed a lawyer

until it was time to close.

Why do you need a lawyer?

By Jayson Schwarz


2. The sales agent told me I didnt

need a lawyer until it was time

to close.

3. The builder said he wouldnt

change anything.

A lawyer must advise you at the

time you make your o er to help you

avoid all of those tricky clauses where

builders look for extra money that

could end up costing you thousands

of extra dollars on closing. It is critical

that you see a lawyer before your deal

is fi rm. It is important that your lawyer

explains all the potential costs you

will face and the potential changes

and delays you may encounter. Insist

on this, and if you dont get what you

want or need, see another lawyer.

Once you understand these issues,

you can then return to the builder

and negotiate your purchase from

a position of knowledge. Lawyers

are service providers, and as the

customer, you need to make sure

you get the necessary information

to make an educated decision. A

home is one of the most important

purchases you will ever make, so do

your research.

You can only get this service from

a real-life, breathing, lawyer who

will point out the good and the bad

in your Agreement of Purchase and

Sale, and who is required by the Law

Society rules to explain title insurance

and by law, has the responsibility to

take care of you.

If a builder says he wont change

anything in the o er, it will have to

be the fairest o er ever written. Do

your due diligence and become an

educated consumer.

Jayson Schwarz LL.M. is a Toronto real estate lawyer and partner in the law fi rm Schwarz Law LLP. Visit schwarzlaw.ca or email [email protected] and give us your questions, concerns, critiques and quandaries.

028 Advice Jayson Schwarz-Why you need a lawyer_MC-SB.indd 2 5/17/16 10:46 AM


029-Liberty-Cosmos 05-21-16.indd 29 2016-05-16 6:11 PM

THE GTAS GREATEST

Some restrictions apply. Prices, specifications and availability subject to change without notice.All illustrations are artists concept only. E.& O.E. Brokers protected. See Sales Representative for details.

YONGE & STEELES RICHMOND HILL DANFORTH AVENUE

BY LIBERTY DEVELOPMENT

FABULOUS INVENTORY CLEARANCE!MOVE IN NOW!

10 MODELS FOR VIEWING - BOOK YOUR SHOWING NOW CondoHomeShow.ca/booking

CondoHomeShow.ca

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READY!3520 Danforth

Avenue

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LIVE CONNECTEDTRANSIT-READY URBAN COMMUNITIES FROM LIBERTY.

LegacyParkCondos.com | 905-731-8302

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WOODBRIDGE

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www.MyLibertyCondo.caSome restrictions apply. Prices, specifications and availability subject to change without notice. All illustrations are artists concept only. E.& O.E.

Brokers protected. See Sales Representative for details.

407

BEVERLY GLEN BLVD.

CENTRE ST.

STEELES AVE. W.

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031-Liberty-Corp 05-07-16.indd 31 2016-05-16 6:11 PM

32 YPNEXTHOME.CA

Advice | SMALL SPACES

SMALL SPACES ARE MORE and

more common with the increase

in condo living, and making these

spaces work can be a challenge. With

careful space planning and ingenious

multifunctional products, you can

have function and style in any square

footage.

TIP 1 | Start with a condo-sized sofa

The sofa is often a great place to start

when planning a small space,

as it usually takes up the most mass,

and it is also the easiest piece to

purchase incorrectly. A sofa that is

too large in a given space can feel

cumbersome. Conversely, a sofa that

is too small can feel like dollhouse

furniture. Luckily, many retailers make

it easier to make the right choice by

carrying apartment-sized, or condo-

appropriate pieces, which are often

smaller-scale translations of their

most popular lines. And of course,

many condo-sized sofas can also be

purchased with a sofa bed option to

give you the fl exibility of creating a

guest room in your small space.

TIP 2 | Use clear furniture

Whats great about furniture made out

of glass, or acrylic, is that it doesnt

take up much visual space. A ghost

chair or a waterfall table will give

you an instant modern update and

provide great function while keeping

the space feeling light. In condos that

have gorgeous large windows, place

pieces that are clear directly in front,

since they wont obstruct the view.

Five tips for small-space decorating

by Lisa Canning


TIP 3 | Wall-mounted lighting

A layered lighting plan is something I

always recommend to clients, but

in a small space this approach is

especially advantageous. Rather

than opting for a fl oor lamp with

mass, weight and that takes up fl oor

area, sconces give you ambient

lighting while saving space. I love the

architectural detail sconces provide

and often use them on either end

of a gallery wall or sofa.

TIP 4 | Work with pieces that are multifunctional

In a space that might be too small

for a home o ce, or a formal

dining room, I have some great,

innovative products to share. The

fi rst is the Functional Co ee Table

from BoConcept. At fi rst glance, it

looks like a sleek, minimal co ee

table. But with an easy lift, it reveals a

desk-height table and ample storage.

Storage will always be an issue in

small spaces, so anything that

will serve a function and provide

storage is a great addition. Another

incredible product on the market is

the Lacuna table by VNO Designs.

This innovative product begins as a

piece of customizable art on the wall.

With the release of a latch, the art

piece lowers to reveal a concealed

leg and becomes a dining table for

fi ve. For people who dont formally

entertain often, or for those

living in really limited space, this

is a unique, space-saving

solution.

TIP 5 | Work with smart storage systems

Great interior storage is just

as important as utilizing

multifunctional storage. Drawer

dividers, shelf dividers and small

storage boxes are great tools to use

to increase your storage space. The

more levels you can create within

a drawer, the more items can be

stored and easily found. I love using

small, stackable, acrylic storage

compartments to divide my drawers.

Style doesnt stop at the exterior of

a piece allow your furniture to

function at its best by investing in

interior organization.

Lisa Canning is a designer and owner of Lisa Canning Interiors. Call 416.587.9780 or visit lisacanning.ca.

032 Advice Lisa Canning-Small Space Tips_MC-L-JM.indd 2 5/17/16 10:46 AM

CONDOMIN

IUM SUITES

COMING TO

BRAMPTON

Located at the northeast corner of Mississauga Rd. and Olivia Marie Rd., Daniels Olivia Marie Gardens Community is the best place to put down roots in this highly coveted Brampton location.

These boutique condominium suites are unlike anything else in the city, offering Daniels quality construction in an energetic community, with exciting retail and everyday conveniences at your doorstep.

Studios to 3 Bedroom suite designs

Close to parks, walking trails, schools and recreational facilities

Steps from Brampton Transit

Located minutes from Highways 401 and 407

NOW ON SALE!

ALREADY UNDER CONSTRUCTION

Illustration is artists concept. Prices and specications are subject to change without notice. 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 from The Daniels Corporation, is strictly prohibited. Brokers Protected. E.&.O.E.

OMGdaniels.com 905-874-8880

CALL OR VISIT US TODAY!

PRESENTATION CENTRE: 30 Sky Harbour Dr., Brampton

33

033-Daniels-OliviaMarie 05-21-16.indd 33 2016-05-16 6:11 PM

PLAZA COMMUNITIES:

MOVE IN NOW

York Harbour Club35 Bastion St. & 38 Grand Magazine St., TorontoSales Office located at 86 Sloping Sky Mews (TH06) 416.214.4517

Ivory on Adelaide400 Adelaide St. East, TorontoSales Office located at 400 Adelaide St. East, Unit 1 647.344.0379

NOW UNDER CONSTRUCTION

Muse - Occupancy Date Fall 2016Pre-construction Pricing 525 Adelaide St. West, TorontoSales Office located at 86 Sloping Sky Mews (TH06) 416.214.4517

NOW OPEN

50 at Wellesley Station - Occupancy Date Fall 201850 Wellesley St. East, Toronto Sales Office located at 400 Adelaide St. East, Unit 1 647.344.0379

1 Yorkville - Occupancy Date Fall 20181 Yorkville Ave., Toronto Sales Office located at 162 Cumberland St. 416.519.2911

The MET at Vaughan Metropolitan Centre7895 Jane St., VaughanSales Office located at 7800 Jane St., Vaughan416.862.0888

COMING SOON

Theatre District Residenceson Adelaide

170 Spadinaat Queen

register at pureplaza.com

Presentation Centre Hours: MonThurs: 12pm6pmFri: ClosedWeekends & Holidays: 11am5pm

Keep updated by following us:

Townhome Living.

GTAs newestdowntown addressacross from theNEW TTCSubway Station with direct access to the Downtown Core.

Towns from $659,990*

NEW RELEASEDowntownVaughan.

A Plaza Berkley Community

34

034-035-Plaza-Corp 04-09-16.indd 34 2016-05-16 6:11 PM

PLAZA COMMUNITIES:

MOVE IN NOW

York Harbour Club35 Bastion St. & 38 Grand Magazine St., TorontoSales Office located at 86 Sloping Sky Mews (TH06) 416.214.4517

Ivory on Adelaide400 Adelaide St. East, TorontoSales Office located at 400 Adelaide St. East, Unit 1 647.344.0379

NOW UNDER CONSTRUCTION

Muse - Occupancy Date Fall 2016Pre-construction Pricing 525 Adelaide St. West, TorontoSales Office located at 86 Sloping Sky Mews (TH06) 416.214.4517

NOW OPEN

50 at Wellesley Station - Occupancy Date Fall 201850 Wellesley St. East, Toronto Sales Office located at 400 Adelaide St. East, Unit 1 647.344.0379

1 Yorkville - Occupancy Date Fall 20181 Yorkville Ave., Toronto Sales Office located at 162 Cumberland St. 416.519.2911

The MET at Vaughan Metropolitan Centre7895 Jane St., VaughanSales Office located at 7800 Jane St., Vaughan416.862.0888

COMING SOON

Theatre District Residenceson Adelaide

170 Spadinaat Queen

register at pureplaza.com

Presentation Centre Hours: MonThurs: 12pm6pmFri: ClosedWeekends & Holidays: 11am5pm

Keep updated by following us:

Townhome Living.

GTAs newestdowntown addressacross from theNEW TTCSubway Station with direct access to the Downtown Core.

Towns from $659,990*

NEW RELEASEDowntownVaughan.

A Plaza Berkley Community

35

034-035-Plaza-Corp 04-09-16.indd 35 2016-05-16 6:11 PM

36 YPNEXTHOME.CA

BRINGING TOGETHER ARCHITECTS

from across the province, this years

Ontario Association of Architects

(OAA) Celebration of Excellence

Awards took place on Friday

May 13, showcasing the best in

architectural design and innovation.

Nine new buildings in Toronto,

London, Thunder Bay, Georgian

Bay, Edmonton and Vancouver were

distinguished in this years Design

Excellence category.

The 2016 award-winning projects

illustrate how architecture can adapt

to the evolving needs of communities

over time.

This years Design Excellence

Award honourees stand not only

as beautiful buildings, but also as

examples of architectures ability

to creatively problem solve, says

OAA President, Toon Dreessen.

From multi-generational housing

Trending

to adaptive reuse of underutilized

sites to flexible spaces that can

be reconfigured to users needs,

Ontarios architects are once again

showing their ability to respond to the

changing needs of our communities

and our society.

In addition to the nine Design

Excellence Awards announced before

the ceremony, three more honours

were unveiled during the gala.

The Lieutenant Governors Award

was presented to the Richard Ivey

Building, Richard Ivey School of

Business, Western University by Hariri

Pontarini Architects

The Michael V. and Wanda Plachta

Award, honouring architectural

excellence for projects in Ontario that

cost no more than $8 million, was

presented to Brook McIlroy Inc., for

Prince Arthurs Landing, Thunder Bay

Waterfront.

OAA unveils three additional honours at awards gala Ceremony winners spotlight adaptable designs that respond to ever-changing

communities

Peoples Choice, decided by public

vote, went to the Aga Khan Museum,

Toronto by Moriyama & Teshima

Architects in association with Maki

and Associates.

The honours were presented at the

2016 OAA Celebration of Excellence

Awards Ceremony and Dinner at the

Allstream Centre, Exhibition Place,

Toronto. The gala was attended by

the provinces top architects, building

industry guests, clients of the winning

projects and those with a passion for

architecture.

The Honourable Elizabeth

Dowdeswell, Lieutenant Governor

of Ontario, brought greetings and

presented the Lieutenant Governors

Award for Design Excellence in

Architecture.

The iconic 299 Queen St. W. was honoured with the Landmark Designation Award.

continued on page 38

036-038 TR OAA Awards_JM.indd 2 5/17/16 1:54 PM

Prices & specifications subject to change without notice, E. & O. E. *Contact a Sales Representative for details.

SALES CENTRE: 9612 YONGE STREET MONDAY THURSDAY: 12PM-7PM

FRI., SAT., SUN. & HOLIDAYS: 12PM 6PM

grandpalace.ca 905.907.4370

PHASE II TOWER C

PHASE I TOWER A & B

Register for VIP access at grandpalace.ca

Starting from $250,000s Occupancy late 2017

Move in now! 5% down

1 year free maintenance* Model suites coming soon

heartLUXURY CONDOMINIUMS

IN THE

OF RICHMOND HILL

037-Guizzetti-GrandPalace 05-07-16.indd 37 2016-05-16 6:12 PM

38 YPNEXTHOME.CA

2016 OAA AWARDS LIST OF WINNERSLIEUTENANT GOVERNORS AWARD FOR DESIGN EXCELLENCE IN ARCHITECTURERichard Ivey Building, Richard Ivey School of Business, Western University, London, ONHariri Pontarini ArchitectsMICHAEL V. & WANDA PLACHTA AWARDPrince Arthurs Landing, Thunder Bay Waterfront, Thunder Bay, ONBrook McIlroy Inc.PEOPLES CHOICEAga Khan Museum, Toronto, ONMoriyama & Teshima Architects in association with Maki and AssociatesDESIGN EXCELLENCEAga Khan Museum, Toronto, ONMoriyama & Teshima Architects in association with Maki and AssociatesRichard Ivey Building, Richard Ivey School of Business, Western University, London, ONHariri Pontarini Architects Commonwealth Community Recreation Centre, Edmonton, ABMacLennan Jaunkalns Miller

Architects Ltd. and HIP Architects in joint ventureRobert H. Lee Alumni Centre, UBC, Vancouver, BCKPMB Architects & HCMA Architecture + Design in joint ventureGo Home Bay Cabin, Georgian Bay Township, ONIan MacDonald Architect Inc.Skygarden House, Toronto, ONDubbeldam Architecture + DesignHarbord Towns, Toronto, ONSuperkl Inc. Prince Arthurs Landing, Thunder Bay Waterfront, Thunder Bay, ONBrook McIlroy Inc.Toronto Public Library Scarborough Civic Centre Branch, Toronto, ONLGA Architectural Partners Ltd. and Phillip H. Carter, Architect in joint venture CONCEPTSPlanespottingDominique Cheng, OAAShoreline CommemorativePaul Raff Studio Incorporated ArchitectLANDMARK DESIGNATION 299 Queen St. W., Toronto, ON

Burke, Horwood and White (original building) Quadrangle Architects Limited (renovation)St. Marys Ukrainian Catholic Church, Sudbury, ONJohn Stefura and Carl Skerl, Townend Stefura Baleshta and Pfister ArchitectsBEST EMERGING PRACTICE Denegri Bessai StudioG. RANDY ROBERTS SERVICE AWARDRecognizing members of the OAA for extraordinary service to the membersJohn C. CookHONOUR ROLLDouglas Cumming Johnson Brian CurtnerLIFETIME DESIGN ACHIEVEMENT AWARDHonouring members for career-long contribution to Architectural Design ExcellenceGeorge P. BairdORDER OF DA VINCIPresented to persons who have made a significant and meaningful contribution to the profession of architectureWilliam N. Greer

1: Sudburys historic St. Marys Ukrainian Church was honoured with the Landmark Designation Award.

2: Aga Khan Museum, by Torontos Moriyama & Teshima Architects, won the Peoples Choice Award, decided by public vote.

3: Western Universitys Richard Ivey Building received the Lieutenant Governors Award, presented by the Honourable Elizabeth Dowdeswell.

4: Prince Arthurs Landing received the Michael V. & Wanda Plachta Award, honouring projects under $8 million.

1. 2.

3. 4.

continued from page 36

036-038 TR OAA Awards_JM.indd 3 5/17/16 1:54 PM

RIVER CITY IS UNLIKE ANYTHING ELSE IN TORONTO. PHASE 1 AND 2 ARE SOLD OUT BUT YOU CAN STILL OWN IN PHASE 3

UNLIKEANYTHING ELSE

PRESENTATION CENTRE AND MODEL SUITEAT KING EAST + LOWER RIVER

MON-THURS 12-6PM, SAT & SUN 12-5PM

416.862.0505

X

QUEEN ST E

KING ST E

RIV

ER S

T

N

UNLIKEANYTHINGELSE.CA

*Ask

our

sale

s re

pres

enta

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for m

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furth

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% is

requ

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upon

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E. &

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.THE ICONIC RIVER CITY TOWERIS UNDER CONSTRUCTION.

WITH ONLY

10DOWN%*OWN AT RIVER CITYFROM THE LOW $200STO $1.4 MILLION

PHASE 1SOLD OUT

PHASE 2SOLD OUT

PHASE 3UNDER CONSTRUCTION

039-Urban-RC3 04-23-16.indd 33 2016-05-17 11:18 AM

40 YPNEXTHOME.CA

Advice | CONDO PRO

YOU GET WHAT YOU PAY FOR and

in the case of the condominium

maintenance fee, you get a lot! One of

the best things about living in a condo

is enjoying the beautiful amenity

spaces and knowing that the building

exterior and landscaping will be cared

for in the years to come, without

having to do any of the maintenance

yourself. It is all about carefree living,

and condominium buyers must look

at maintenance fees realistically. The

monthly payments you make are

necessary to ensuring that your quality

of life remains high, with exterior

and interior elements kept looking

beautiful and in good repair.

I always suggest that condominium

shoppers look at what they would

have to spend to receive the same

services in a lowrise home. Many

homeowners pay for a lawn service,

window cleaners, gardeners, snow

plow services and the like to help

with lowrise maintenance. The

maintenance fee covers these, plus

the care and upkeep of gorgeous

common areas, from hallways and

elevators to chic lobbies and rooftop

gardens.

Think, too, about the concierge

service. These professionals, who

are an integral part of the security

condominium residents enjoy, have

to be paid. If you add a security

system to your lowrise home, you

will incur a monthly payment. Some

condo maintenance fees even include

utilities such as hydro, gas and water

and again, in a lowrise home,

Give maintenance fees the credit they are due

By Barbara Lawlor


you would have to pay for those

separately.

Many condos today o er individual

hydro metering per suite, which is just

fi ne with most purchasers. Peoples

hydro use varies greatly. Some

residents are careful about shutting

o lights, avoiding using appliances

during peak hours and the like. Most

buyers are happy to pay for what they

use. They also appreciate the fact that

if they are away for weeks or months,

their hydro bills are very low. We are

even beginning to see separate water

meters. Of course, when this is the

case, the maintenance fees refl ect

that.

A portion of your condo fees

goes toward the reserve fund.

Administered by the condominium

board, this fund ensures that money is

there in the future should unexpected

problems arise after Tarions warranty

coverage is over.

It is all about looking at things fairly

and recognizing that maintenance

fees go a long way in protecting

your real estate investment. Oh, and

remember that even if your condo

includes an amenity space you think

you may not use (often the swimming

pool), remember that your guests

may enjoy using the pool, and having

it in the building might help with your

resale value in the future. You may

also discover that you do use the

amenity once you move in. Amenities

are extensions of your living space,

and todays common areas are

uncommonly beautiful and bright.

Your maintenance fees help to

free up time so you can use your

condo amenities more. Whether it

is soaking away the cares of the day

in the whirlpool, challenging

neighbours to a game of billiards,

hosting a large gathering in the party

room, barbecuing and dining al fresco

on the terrace, exercising or doing

yoga in the fi tness room or swimming

a few laps, it is worth the money to

have all of this under your roof. And

speaking of exercising, with a fi tness

area in the building, you avoid having

to pay a monthly fee to belong to an

outside gym.

When it comes to paying

condominium maintenance fees,

look at the big picture and youll fi nd

you will want to place yourself in it!

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.

040 Advice Barbara Lawlor-Condo Fee_MC-JM.indd 2 5/17/16 10:46 AM

DISCOVER WATERFRONT LIVINGTHE MATTAMY WAY

MATHIRISE - VITA - Riva Del Lago - Condo Guide Due: 12/05/2016

File Name: MATHIRISE-CondoGuide_Vita_May21 Publication: Condo Guide

Trim: 7.5w x 10.5h Safety/V.O.: .5 DPI: 300

Bleed: .125 Colours: CMYK Built: 11/05/2016 JND

MATHIRISE-CondoGuide_Vita_May21.indd 1 2016-05-13 10:01 AM

ETOBICOKE WATERFRONTREADY EARLY 2017

UNDER CONSTRUCTION

882 to 1,188 Sq.Ft. From $502,990

ALMOST SOLD OUT, FINAL 11 SUITES AVAILABLE

A remarkable 16-storey residence with a 5-storey podium offers resort style-living and clear views of Lake Ontario and the Toronto skyline.

Prices, specifi cation and promotions are subject to change without notice. Renderings are artists concept and images are for mood and impression only. E.&O.E. May

gta new condo guide - may 21, 2016

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