APRIL 23 - MAY 7, 2016 VOLUME 20, ISSUE 9, FREE INSIDE THIS ISSUE A FIRST-TIME BUYER’S PARADISE INTERNATIONAL INTEREST IN TORONTO MARKET DECIPHERING LEGAL LANGUAGE GTA EDITION
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INSIDE THIS ISSUE
NOTE THAT THIS CALLOUT IS ALWAYS YPNH GREY IN COLOUR
AND THAT THE BAR IS ALWAYS WHITE ON BOTTOM OF PAGE
HIT SHIFT F7 AND DISTRIBUTE SPACING AT 0.2074 INCHES
APRIL 23 - MAY 7, 2016VOLUME 20, ISSUE 9, FREE
INSIDE THIS ISSUE
A FIRST-TIME BUYER’S PARADISE
INTERNATIONAL INTEREST IN TORONTO MARKET
DECIPHERING LEGAL LANGUAGE
GTA EDITION
001 CG_Cvr_04-23-16.indd 1 4/14/16 1:40 PM
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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 artist’s concept only. Specifications subject to change without notice. E. &O.E. April 2016.
I N T R O D U C I N G
DIAMONDCOLLECTION
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Client: Tridel
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File Name: TRI 29286 Tridel Ads of the Week_Avani2 IFCCyan Magenta Yellow Black
Finished Size: OGF 6.875in x 10.5IFC Page 1 6.875in x 10.5Page 2 7.25in x 10.5in
Flat Size:
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Medium: Print
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Writer: Creative Director: Studio Manager:
Production Artist: Ap Designer: Account Manager: Production Manager:
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APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 3 2 YPNEXTHOME.CA
Helping you in your journey
The waiting game
Susan LeggeEditor-in-Chief / Director of ContentYellow Pages NextHomeEmail: [email protected]: @SusanLegge
Elisa KrovblitSenior EditorYellow Pages NextHomeEmail: [email protected]: @ElisaKrovblit
As you review this issue, we hope
the journey toward the discovery
of your new home meets your
expectations.
It’s important to bring a fresh
perspective when shopping for a new
home or new condo. Unlike a resale
property, it’s an opportunity to own a
new abode outfi tted with the fi nishes
and features that you want, not what
the previous owner left behind.
Looking for more home options,
news and advice? Visit us online
and enjoy an enhanced journey that
includes neighbourhood facts and
data, as well as a rich listing experience
with visuals and fl oorplans. You’ll be
able to connect easily when you see
something you love.
We even provide exclusive video
tours of some of Toronto’s best
neighbourhoods. Check out my own
‘hood, The Beaches, noted above.
Visit us at YPNextHome.ca
Buying pre-construction is a waiting
game. You need to plan what your
needs will be years ahead – this can
be hard for some people.
Don’t let the wait deter you.
Buying a condo at pre-construction
pricing is a great idea. Historically,
you’ll fi nd sales prices are always
signifi cantly higher when the project is
completed. It’s an amazing option that
o� ers you the opportunity to buy the
same home for considerably less.
Even if life does change and your
needs no longer include the condo
you once thought would be so perfect
for you, your real estate investment
will have gotten you into the market
and made you some money.
Nothing like making money while
you wait!
Enjoy this issue of Condo Guide.
We’ve got everything, from pre-
construction to move-in ready this
issue, You’ll also fi nd some great
advice in our magazine and online.
Check us out at YPNextHome.ca.
+ get social
Editors' Notes
EXPLORE ERIN MILLS
Interact with us on social media: ypnexthome
MORE PHOTOS ONLINEnexthome.yp.ca/erin-mills
002 EditorsNote April 23.indd 2 4/15/16 4:28 PMTCG 04-23-16 master.indd 2 2016-04-15 4:33 PM
1YORKVILLE.CA PRESENTATION LOUNGE 162 CUMBERLAND ST. (416) 519-2911
CONDOMINIUM RESIDENCES AT YORKVILLE & YONGE
STEPS TO SUBWAY AND PATH • STARTING FROM $459,000
FOR A LIMITED TIME, YOU CAN PURCHASE ANY ONE BEDROOM UNIT FOR ONLY 10% DOWN*.
PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. E. & O.E. RENDERING IS ARTIST’S CONCEPT ONLY. *SEE SALES REPRESENTATIVE FOR DETAILS @BazisInc
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APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 5 4 YPNEXTHOME.CA
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 BILD’s o� cial blog (bildblogs.ca).
DESIGNER ADVICEYANIC SIMARDYanic Simard is New Condo Guide’s design editor, principal designer of the award-winning Toronto Interior Design Group (tidg.ca), and regular guest expert on City’s Cityline.
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. Andrew’s 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.
MORTGAGE ADVICEALYSSA RICHARDAlyssa Richard is the founder and CEO of RateHub.ca, a mortgage rate comparison site that aims to empower Canadians to make smart fi nancial decisions.
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_Apr 23-SB-JM.indd 2 4/15/16 12:23 PMTCG 04-23-16 master.indd 4 2016-04-15 4:33 PM
PinnacleInternational.caToronto. Mississauga. Vancouver. San Diego.
Prices, specifications and promotions are subject to change without notice. Renderings are artist’s concept. E.&O.E. Brokers Protected.
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Live Downtown at Pearl & JohnIn the heart of theEntertainment District
Downtown living turns a corner and it’s fabulous! Don’t miss the rich possibilities of an exciting life at Pearl and John. With looks this good, it will be love at first sight.
NOW OPEN! SUITES FROM THE $300s
PJCONDOS.CA
PRESENTATION CENTRE283 Adelaide St. West (at John St.)Toronto, Ontario416.596.1600Open daily 12pm–6pm
APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 5
005-Pinnacle-PJ 03-26-16.indd 5 2016-04-15 10:52 AM
LUXURY WATERFRONT CONDOS FROM THE MID $300’sOne of Canada’s tallest waterfront condos, Eau Du Soleil offers spectacular views and fabulous amenities like the infinity rooftop terrace, indoor salt water pool, fitness centre, outdoor sports court and more.
Learn more at eaudusoleiltoronto.com
Prices, sizes and specif ications are subject to change without notice. Actual view may not be exactly as shown. Please see a Sales Representative for details. Exclusive listing brokerage TFN Realty Inc. Brokers Protected. E.&O.E.
1 Spectacular lake and city views
2 Bright master retreat with walk out
to balcony
3 Expansive open concept living and
dining area
4 Multi-purpose tech space perfect for
home office
5 Modern L shaped kitchen with
stainless steel appliances
6 Luxurious spa-inspired bathroom
SKY 12 480 SQ.FT. ONE BEDROOM + TECH
Life is better at the top! Enjoy spectacular
views, an open concept design and a
large balcony. This perfectly designed one
bedroom plus tech suite offers a fantastic
layout and exceptional finishes.
NOW UNDER CONSTRUCTION VISIT THE PRESENTATION GALLERY TODAY
2183 LAKE SHORE BLVD. WESTTORONTO
416 503 3328
KITCHEN
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BEDROOM9’-8” X 9’-0”
LIVING/DINING22’-4” X 10’-2”
1
2
3
4
5 6
VIEW FROMTHE TOP
L
EAU2 45979 Condo Guide DPS FA.indd 1 3/31/16 1:08 PM
6 YPNEXTHOME.CA
006-007-Empire-Corp 04-09-16.indd 6 2016-04-15 10:52 AM
LUXURY WATERFRONT CONDOS FROM THE MID $300’sOne of Canada’s tallest waterfront condos, Eau Du Soleil offers spectacular views and fabulous amenities like the infinity rooftop terrace, indoor salt water pool, fitness centre, outdoor sports court and more.
Learn more at eaudusoleiltoronto.com
Prices, sizes and specif ications are subject to change without notice. Actual view may not be exactly as shown. Please see a Sales Representative for details. Exclusive listing brokerage TFN Realty Inc. Brokers Protected. E.&O.E.
1 Spectacular lake and city views
2 Bright master retreat with walk out
to balcony
3 Expansive open concept living and
dining area
4 Multi-purpose tech space perfect for
home office
5 Modern L shaped kitchen with
stainless steel appliances
6 Luxurious spa-inspired bathroom
SKY 12 480 SQ.FT. ONE BEDROOM + TECH
Life is better at the top! Enjoy spectacular
views, an open concept design and a
large balcony. This perfectly designed one
bedroom plus tech suite offers a fantastic
layout and exceptional finishes.
NOW UNDER CONSTRUCTION VISIT THE PRESENTATION GALLERY TODAY
2183 LAKE SHORE BLVD. WESTTORONTO
416 503 3328
KITCHEN
BALCONY
W/D
ENTRY
TECH
BATH
BEDROOM9’-8” X 9’-0”
LIVING/DINING22’-4” X 10’-2”
1
2
3
4
5 6
VIEW FROMTHE TOP
L
EAU2 45979 Condo Guide DPS FA.indd 1 3/31/16 1:08 PM
APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 7
006-007-Empire-Corp 04-09-16.indd 7 2016-04-15 10:52 AM
Learn more at pembertongroup.com
Sales Centre: 1164 Queen St. WT 416.546.6355
Now under construction!Live the life you love at the heart of everything Queen West. Discover a superb collection of suites, plus an exciting array of lifestyle amenities.
Savings up to $20,000!* Free built-in appliances, free Rogers package for 6 months.
Condominiums at Queen West & Dovercourt from the $280’s.
*Limited time offer. See a sales representative for full details. Exclusive Listing Brokerage Circle M Realty Corporation. Prices and specifications are subject to change without notice. Illustration is artist’s concept E.&O.E.
DOVE 46350 Condo Guide ad.indd 1 16-04-13 3:46 PM
8 YPNEXTHOME.CA
008-Pemberton-Ten93 04-23-16.indd 8 2016-04-15 10:52 AM
Learn more at pembertongroup.com
SALES CENTRE: HIGHWAY 7 & RED MAPLET 905.709.5700
Discover the second tower at the successful SkyCity Condominiums in the heart of Richmond Hill.
An unsurpassed fusion of great location, 17,000 sq. ft. of gorgeous amenities and outstanding value all
just minutes from the GO Transit, VIVA and YRT transportation hub.
ASK ABOUT OUR LIMITED TIME INCENTIVES*
CONDOMINIUMS AT YONGE & HIGHWAY 7 FROM THE MID $300’S.
CONSTRUCTION STARTING THIS SPRING!
•See a sales representative for full details. Exclusive Listing Brokerage Circle M Realty Corporation. Prices and specifications are subject to change without notice. Illustration is artist’s concept E.&O.E.
HILL 46373 Condo Guide Issue 9.indd 1 16-04-13 3:48 PM
APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 9
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APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 11 10 YPNEXTHOME.CA
The Daniels CorporationShaping the future of Erin Mills with Daniels Arc
ON THE COVER
property profi les
26 Pinnacle InternationalThe PJ Condos — live downtown at Pearl and John
52 Elad Canada Choose April’s suite of the month at Fifth on the Park
trending
28 CMHC report Condo investors are in it for the long haul
32 Mattamy HomesResidences of Creekshore
Common breaks ground
46 Tridel3XN selected to design new phase of Bayside Toronto
48 2016 BudgetPM Justin Trudeau’s Budget
2016 report card
76 New-condo choicesChoose master planned for
maximum benefi t
+ online
SEARCHHOME
NEIGHBOURHOOD
WITHDYNAMIC
MAPSLOOK FOR THE CIRCLE
+PHOTOS+VIDEOS+ADVICE+INSPIRATION+TRENDING
MORE
contentsAPR 23 – MAY 7 2016 | VOLUME 20, ISSUE 9
20
010-011 CG GTA TOC April_JM.indd 2 4/15/16 3:36 PM
52
26 62 Location adviceThe importance of location when buying real estateby Steve Gupta
72 Money mattersOwning versus rentingby Gail Vaz-Oxlade
86 Style fileMother’s Day gifts for the homeby Jo Alcorn
Inspiration
41 Designer adviceCreating customby Yanic Simard
56 Light and whiteThis year’s hottest trend
68 Gardens in the cityEight ways to start an urban garden
neighbourhood profile
14 Erin MillsAn up-and-coming 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 What’s online
district maps
90 Toronto and Waterfront
96 905 region
78 Global Kingdom Ministries Celebrating its anniversary with Trinity Ravine Towers
82 Where to invest Rental prices mapped to Toronto’s subway stations
advice 12 BILD report
Federal funding for housing and transit good newsby Bryan Tuckey
16 Investor insightsKeep your eyes on the prizeby Andrew la Fleur
17 Legally speakingDeciphering legal language by Jayson Schwarz
24 Fundamentally speakingWhy we need context, not just data, on foreign buyers by Wayne Karl
25 Stat chatShould you be scared of international buyers?by Ben Myers
36 Mortgage adviceSaving options for buying a homeby Alyssa Richard
38 Hot topicLow Canadian dollar — an investor’s paradise by Anthony Jong
40 Condo proWhy condos are a first-time buyer’s paradise by Barbara Lawlor
010-011 CG GTA TOC April_JM.indd 3 4/15/16 3:37 PMTCG 04-23-16 master.indd 10 2016-04-15 4:33 PM
APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 11 10 YPNEXTHOME.CA
The Daniels CorporationShaping the future of Erin Mills with Daniels Arc
ON THE COVER
property profi les
26 Pinnacle InternationalThe PJ Condos — live downtown at Pearl and John
52 Elad Canada Choose April’s suite of the month at Fifth on the Park
trending
28 CMHC report Condo investors are in it for the long haul
32 Mattamy HomesResidences of Creekshore
Common breaks ground
46 Tridel3XN selected to design new phase of Bayside Toronto
48 2016 BudgetPM Justin Trudeau’s Budget
2016 report card
76 New-condo choicesChoose master planned for
maximum benefi t
+ online
SEARCHHOME
NEIGHBOURHOOD
WITHDYNAMIC
MAPSLOOK FOR THE CIRCLE
+PHOTOS+VIDEOS+ADVICE+INSPIRATION+TRENDING
MORE
contentsAPR 23 – MAY 7 2016 | VOLUME 20, ISSUE 9
20
010-011 CG GTA TOC April_JM.indd 2 4/15/16 3:36 PM
52
26 62 Location adviceThe importance of location when buying real estateby Steve Gupta
72 Money mattersOwning versus rentingby Gail Vaz-Oxlade
86 Style fileMother’s Day gifts for the homeby Jo Alcorn
Inspiration
41 Designer adviceCreating customby Yanic Simard
56 Light and whiteThis year’s hottest trend
68 Gardens in the cityEight ways to start an urban garden
neighbourhood profile
14 Erin MillsAn up-and-coming 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 What’s online
district maps
90 Toronto and Waterfront
96 905 region
78 Global Kingdom Ministries Celebrating its anniversary with Trinity Ravine Towers
82 Where to invest Rental prices mapped to Toronto’s subway stations
advice 12 BILD report
Federal funding for housing and transit good newsby Bryan Tuckey
16 Investor insightsKeep your eyes on the prizeby Andrew la Fleur
17 Legally speakingDeciphering legal language by Jayson Schwarz
24 Fundamentally speakingWhy we need context, not just data, on foreign buyers by Wayne Karl
25 Stat chatShould you be scared of international buyers?by Ben Myers
36 Mortgage adviceSaving options for buying a homeby Alyssa Richard
38 Hot topicLow Canadian dollar — an investor’s paradise by Anthony Jong
40 Condo proWhy condos are a first-time buyer’s paradise by Barbara Lawlor
010-011 CG GTA TOC April_JM.indd 3 4/15/16 3:37 PMTCG 04-23-16 master.indd 11 2016-04-15 4:33 PM
APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 13 12 YPNEXTHOME.CA
Federal funding for housing and transit good news
Advice | BILD REPORT
THE RECENT federal budget
included funding for public transit
and a� ordable housing and that’s
good news for the GTA.
The federal government plans to
invest $3.4 billion in public transit
across the nation over the next
three years and Ontario will get the
largest share at about $1.5 billion.
Our industry has long advocated for
all levels of government to invest in
public transit. Everyone benefi ts from
it and we all have a responsibility to
help pay for it.
For decades there has
been underinvestment in new
infrastructure, especially public
transit, by government. Not only does
the GTA need more as its population
continues to grow, but it also needs
to replace and retrofi t aging assets
that have been neglected for so long.
It has fallen to new homebuyers to
contribute disproportionately to the
cost of new infrastructure, including
transit. Ever-increasing development
charges and other government fees
and taxes have been applied to the
cost of development to the point
where government fees and charges
make up about one-fi fth of the price
of new homes in the GTA.
It’s important the federal
government’s commitment to share
in the capital cost of transit be used
to reduce price pressures on new
residential development and new
homebuyers.
The other piece of good news
in the recent federal budget was
funding for a� ordable housing. The
federal government pledged $2.3
billion toward a� ordable housing
construction and renovation, shelters
and tackling homelessness in Canada
over the next two years.
Ontario will get a portion of that
funding, and if applied appropriately,
it will go toward programs that can
assist our industry in building more
a� ordable housing in the GTA.
With this new funding,
governments must create clearly
defi ned programs and explain how
to access them. As a partner in
building more a� ordable housing the
development industry needs to fully
understand what they can do to help.
What is really needed to get more
a� ordable housing built in the GTA
are programs and incentives that help
to make the business case for these
developments. For example, in the
U.S., the cities that have successful
a� ordable housing programs are
supported by state and federal
funding and they use planning and
fi nancial incentives like a development
fund or tax exemptions to make sure
a� ordable housing doesn’t undermine
housing a� ordability.
Federal funding to help address
a� ordable housing and public
infrastructure issues is a good fi rst
step. To be e� ective, it will require
collaboration from every sector so
that municipalities, homebuilders
and providers can invest the funding
into shovel-worthy projects that help
people and create jobs in the GTA.
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
012 Advice BILD Report_MC_TL-WK-JM.indd 2 4/15/16 12:23 PMTCG 04-23-16 master.indd 12 2016-04-15 4:33 PM
SPECTACULAR CITY VIEWS STEPS FROM THE WATER. OWN THE BEST OF BOTH.
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VISIT THE PRESENTATION CENTRE TO VIEW OUR FULLY FURNISHED MODEL SUITE
CALL OR VISIT TODAYDANIELSWATERFRONT.COM WATERFRONT.COM WATERFRONT416.221.3939
The Daniels Corporation proudly introduces the west facing suites of Lighthouse Tower at Daniels Waterfront – City of the Arts, a master-planned, mixed-use community surrounded by creativity, inspired by arts and driven by innovation. This visionary gateway to the East Bayfront, where Lower Jarvis meets Queens Quay, ushers in a new era of living, with awe inspiring views, exceptional amenities, luxurious suites and endless conveniences at your doorstep, including Sugar Beach North, a promenade featuring retail and public art, linking to Canada’s iconic sandy Sugar Beach to the south.
NOW ON SALE I SUITES FROM $279,900
Exclusive Listing: CityLife Realty Ltd. Brokerage. Brokers Protected. Illustrations are artist’s concept. Prices and specifi cations are subject to change without notice. E.& O.E. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without prior written permission of The Daniels Corporation, is strictly prohibited. Actual view may not be exactly as shown.
WATF 46309 Condo Guide Ad Update.indd 1 2016-04-12 9:57 AM
APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 13
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APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 15 14 YPNEXTHOME.CA14 YPNEXTHOME.CA
LOCATED NEAR DOWNTOWN
Mississauga, the neighbourhood of
Erin Mills begins at Dundas St. West
and Mississauga Road in the east,
and ends at Ninth Line and Winston
Churchill Blvd. in the north. Average
to larger luxury suburban homes
characterize this neighbourhood,
known for wide streets and lawns
catered towards families with
children. Demand for housing has
increased over the years, resulting in
higher home prices.
The Vibe
Major housing developments fi ll this
neighbourhood, many deviating from
traditional cookie-cutter suburban
homes. Schools, parks, and small strip
malls boasting unique restaurants
are scattered throughout the area,
lending to the major focal point of
the neighbourhood — Erin Mills
Town Centre.
Neighbourhood Profi le
In the Area
Erin Mills is home to several well-
known public schools including
John Fraser Secondary School,
St. Aloysius Gonzaga and Stephen
Lewis Secondary School, all of which
were among the top rated high
schools in Mississauga, according
to Fraser Institute’s 2014 ranking.
Right on the outskirts of the Erin Mills
boundary is the University of Toronto
Mississauga campus.
Planes and Trains
Erin Mills residents have access to
Mississauga’s MiWay bus system
that has 80 di� erent routes covering
3,600 bus stops. Buying a pass or
using a Presto Card is the best option
when using this service, as the fare is
$3.50 per ride on its own. Erin Mills is
close to several GO stations including
Streetsville, Clarkson and Erindale,
which are all approximately 10 to 15
minutes away from Erin Mills Town
Centre.
Real Estate
Families looking to settle down or
younger individuals hoping to fi nd
a permanent home would benefi t
from the area’s amenities and low
crime rate. However, with a price
tag of more than $700,000 for a
detached home, Erin Mills may be out
of reach for many. Fortunately, new
developments are introducing more
condos to the area, providing more
a� ordable options to homebuyers.
Erin Mill’s proximity to many urban
hotspots makes it an up-and-coming
neighbourhood.
Olivia Bowden is a freelance writer and an Editorial Intern at YP NextHome. She attends Carleton University and is completing a Master of Journalism degree. Olivia enjoys learning and writing about the Canadian real estate market.
Erin MillsAn up-and-coming neighbourhood By Olivia Bowden
MORE PHOTOS ONLINEnexthome.yp.ca/erin-mills
Average household income
$129,212Family structure
Own vs. rent
On tap
Fast facts
FAMILIES
65%COUPLES
22%SINGLES
OWNERS
RENTERS
13%
84%
16%
CORONA ALEXANDER KEITH’S
COORS LIGHT
014 NP - Erin Mills - Olivia Bowden_MC-SB.indd 2 4/15/16 12:23 PMTCG 04-23-16 master.indd 14 2016-04-15 4:33 PM
THE NEW SHAPEC O M I N G T H I S S P R I N G
O F E R I N M I L L S
INNER CIRCLETM MEMBERS RECEIVE SPECIAL PERKS
& PRIVILEGES AT ARC CONDOMINIUMS
First choice of suites,fl oors and views before
the general public
Your invitation to the fi rst advance sale
Members only invitations to Daniels’ 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 artist’s concept. Prices and specifi cations are subject to change without notice. E. & O.E. All brand names, logos, images, text and graphics are the copyright of the owners, The Daniels Corporation. Reproduction in any form, without prior written permission of The Daniels Corporation, is strictly prohibited. *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 Corporation’s 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 redefi 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.
15
015-Daniels-Arc 04-09-16.indd 15 2016-04-15 10:52 AM
APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 17 16 YPNEXTHOME.CA
Advice | INVESTOR INSIGHTS
SO, YOU’VE DECIDED to buy
an investment condo in 2016.
Congratulations! As a fi rst-time
investor, there are fi ve questions you
need to ask yourself before buying a
new condo:
1 | What are your goals?
Before you buy any investment
condo, you should fi gure out what
your goals are. Are you looking
to make a short- or long-term
investment? What kind of return are
you looking to achieve? Are you
more interested in income or capital
gain — or both? Deciding what your
goals are up front will better help
you achieve them in the long run.
2 | What can you a� ord?
Talk to your mortgage broker or
lender and get a mortgage pre-
approval before you start your search.
This will help you fi gure out what you
can a� ord, and will help you start to
narrow your search.
Also, make sure you are prepared
for the developer’s requirements
with respect to fi nancing. Most new
condos will require a 15 to 20 per
cent deposit up front, as well as a
mortgage approval letter showing
you can a� ord the unit you are
purchasing.
3 | What is your exit strategy?
This is a very important question
many fi rst time investors fail to
answer before buying a new
condo. Will you buy, hold and rent
Keep your eyes on the prize
By Andrew la Fleur
MORE ADVICE ONLINEypnexthome.ca/news/advice
for the long term before selling?
Will you buy pre-construction and
then fl ip (assign) your unit prior to
the fi nal closing? Will you buy pre-
construction, close on the unit, rent it
out for one or two years, and then sell
it? Will you buy, wait for completion,
and then refi nance and re-invest the
proceeds?
Take time to assess the risks and
rewards associated with the di� erent
exit strategies and start with the end
in mind.
4 | What should you buy?
Buying a new condo for investment
purposes is di� erent than buying for
yourself. Some units make better
investments than others.
Questions to consider include:
» Which locations are likely to
experience the most growth in the
next few years?
» What type of unit is the most
attractive to renters?
» Which type of unit tends to
appreciate faster than others?
5 | When should you buy?
Understanding the typical marketing
cycle that a new condo goes through
from pre-construction to completion
will help you identify the right time
to buy.
When buying for investment, it is
generally best to buy at the earliest
possible stage when a new building
launches. This is when prices are the
lowest, and availability of investor-
grade suites is highest. But there are
other great opportunities to buy,
including right before the developer
meets the sales target to secure
construction fi nancing, or during
the occupancy stage. In both of
these instances developers tend to
be highly motivated to sell and this
is when they often introduce great
buyer incentives or cash discounts.
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. Contact Andrew at 416.371.2333 or [email protected].
016 Advice Andrew la Fleur-Eyes on the prize_MC-VB_L-SB.indd 2 4/15/16 12:23 PM
FOR THE AVERAGE homebuyer,
there are some legal terms that
require translation. The Government
of Ontario keeps records of every
piece of property in the province.
These records are called the “title
documents.” The document on fi le,
that says who owns the property, is
called the “transfer,” or “deed.” All
of these documents are fi led with
the government — a process that is
called “registering” the document.
When a bank lends money and gets
a record of this loan on title, the
document is called the “mortgage” or
a “charge.” When the charge is paid
o� , a new document is fi led with the
government o� ce and it is called a
“discharge.” If only part of the charge
is paid o� , a document called a
“partial discharge” can be fi led. There
are many other documents, but these
are a good starting point.
Usually when a developer/builder
starts a new project, he will go to a
bank or other fi nancial institution and,
just like you, arrange for a mortgage
or charge. The di� erence, however, is
that this can be a huge charge. As an
example, the builder/developer may
have a $50- or $60-million “blanket”
charge applied to enable him/her to
create and build the project. The next
thing that happens is that the house
or condominium is built and sold, and
it is time for closing.
In the Agreement of Purchase and
Sale will be a clause that will relate
to the discharge of that part of the
blanket charge which a� ects the
property you are buying. The builders’
lawyers (the good ones, in any case)
add the clause that the purchaser
will accept the promise (undertaking)
of the builder’s lawyer to register
the partial discharge in a reasonable
period of time, but will give on closing
two important things:
1. A letter (“discharge statement”)
from the bank or other fi nancial
institution (“mortgagee” or “charge”)
setting out how much money has
to be paid to the chargee to obtain
the partial discharge; and
2. A direction from the builder to the
purchaser, telling the purchaser to
pay the amount of money needed
to obtain the partial discharge
directly to the chargee.
The clauses I will not accept stop
with the purchaser being forced to
accept the builder’s or the builder’s
lawyer’s undertaking to register
a partial discharge, without the
other information.
Now, I do not believe the builder
or the builder’s lawyers who do
not include this information would
give the promise without meaning
it, but what about things out of
their control?
For example, if:
» the builder goes bankrupt
» the builder has a dispute with
the bank
» some other party seizes the money
from the builder
» the builder has an internal
shareholders dispute and assets
are frozen
» the lawyer goes to Argentina with
the money
» the builder goes to Tahiti with
the money
If we had followed a) and b), none
of that would matter. My complaint
is that it does not cost the builder
anything to give this piece of mind
and security to the purchaser. It is just
usually the fault of some lawyer trying
to prove how good he or she can be.
So be careful.
Watch for these tricky clauses
and consult a lawyer, because only
a lawyer can provide legal advice
and care enough to catch these
kinds of things.
Advice | LEGALLY SPEAKING
Deciphering legal languageDeeds, transfers, mortgages, charges, discharges and undertakings
By Jayson Schwarz
MORE ADVICE ONLINEnexthome.yp.ca/news/advice
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.
017 Advice Jayson Schwarz-Deciphering legal language_MC-TL-WK-SB.indd 2 4/15/16 12:23 PMTCG 04-23-16 master.indd 16 2016-04-15 4:33 PM
We call it Pemberton.
Everything a home should be.The Pemberton difference isn’t simply in how we build. It’s in what you feel. The feeling you get when we’ve 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 Area’s 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
Exclusive Listing Brokerage, Royal LePage - Your Community Realty. Brokers Protected. Prices and specifications are subject to change without notice. Illustration is artist concept E.&O.E
NOW OPEN!Welcome home to spacious condominium living. Starting from the low 400’s
Welcome to a new take on luxury. A new interpretation of home. A fresh perspective on everything you’ve ever wanted. From the fundamentals to exciting amenities. We want to welcome you to the next chapter in comfort, and introduce you to Pemberton, the home of spacious condominium living.
INDIGO is your ticket to an enriched lifestyle. With convenient shopping nearby, live steps from the Maple GO Station, connecting you to downtown and across the GTA. Everything is at your doorstep at INDIGO.
Presentation Centre 1860 Major Mackenzie Dr., Units 7 & 8
T 905.553.1430
Learn more at pembertongroup.com EAGLE ROCK WAY
MCNAUGHTON RD
MAJOR MACKENZIE DR W
MC
NA
UG
HTO
N R
D E
DU
FFER
IN ST
KE
ELE
ST
YOUR PREMIUM LIFESTYLE BEGINS AT
THE GOOPEN-CONCEPT ROOFTOP
Live steps from the Maple GO Station.
Contemporary finishes and premium stainless steel appliance package.
Take in the fresh air and sweeping views from the scenic rooftop terrace.
APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 17 16 YPNEXTHOME.CA
Advice | INVESTOR INSIGHTS
SO, YOU’VE DECIDED to buy
an investment condo in 2016.
Congratulations! As a fi rst-time
investor, there are fi ve questions you
need to ask yourself before buying a
new condo:
1 | What are your goals?
Before you buy any investment
condo, you should fi gure out what
your goals are. Are you looking
to make a short- or long-term
investment? What kind of return are
you looking to achieve? Are you
more interested in income or capital
gain — or both? Deciding what your
goals are up front will better help
you achieve them in the long run.
2 | What can you a� ord?
Talk to your mortgage broker or
lender and get a mortgage pre-
approval before you start your search.
This will help you fi gure out what you
can a� ord, and will help you start to
narrow your search.
Also, make sure you are prepared
for the developer’s requirements
with respect to fi nancing. Most new
condos will require a 15 to 20 per
cent deposit up front, as well as a
mortgage approval letter showing
you can a� ord the unit you are
purchasing.
3 | What is your exit strategy?
This is a very important question
many fi rst time investors fail to
answer before buying a new
condo. Will you buy, hold and rent
Keep your eyes on the prize
By Andrew la Fleur
MORE ADVICE ONLINEypnexthome.ca/news/advice
for the long term before selling?
Will you buy pre-construction and
then fl ip (assign) your unit prior to
the fi nal closing? Will you buy pre-
construction, close on the unit, rent it
out for one or two years, and then sell
it? Will you buy, wait for completion,
and then refi nance and re-invest the
proceeds?
Take time to assess the risks and
rewards associated with the di� erent
exit strategies and start with the end
in mind.
4 | What should you buy?
Buying a new condo for investment
purposes is di� erent than buying for
yourself. Some units make better
investments than others.
Questions to consider include:
» Which locations are likely to
experience the most growth in the
next few years?
» What type of unit is the most
attractive to renters?
» Which type of unit tends to
appreciate faster than others?
5 | When should you buy?
Understanding the typical marketing
cycle that a new condo goes through
from pre-construction to completion
will help you identify the right time
to buy.
When buying for investment, it is
generally best to buy at the earliest
possible stage when a new building
launches. This is when prices are the
lowest, and availability of investor-
grade suites is highest. But there are
other great opportunities to buy,
including right before the developer
meets the sales target to secure
construction fi nancing, or during
the occupancy stage. In both of
these instances developers tend to
be highly motivated to sell and this
is when they often introduce great
buyer incentives or cash discounts.
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. Contact Andrew at 416.371.2333 or [email protected].
016 Advice Andrew la Fleur-Eyes on the prize_MC-VB_L-SB.indd 2 4/15/16 12:23 PM
FOR THE AVERAGE homebuyer,
there are some legal terms that
require translation. The Government
of Ontario keeps records of every
piece of property in the province.
These records are called the “title
documents.” The document on fi le,
that says who owns the property, is
called the “transfer,” or “deed.” All
of these documents are fi led with
the government — a process that is
called “registering” the document.
When a bank lends money and gets
a record of this loan on title, the
document is called the “mortgage” or
a “charge.” When the charge is paid
o� , a new document is fi led with the
government o� ce and it is called a
“discharge.” If only part of the charge
is paid o� , a document called a
“partial discharge” can be fi led. There
are many other documents, but these
are a good starting point.
Usually when a developer/builder
starts a new project, he will go to a
bank or other fi nancial institution and,
just like you, arrange for a mortgage
or charge. The di� erence, however, is
that this can be a huge charge. As an
example, the builder/developer may
have a $50- or $60-million “blanket”
charge applied to enable him/her to
create and build the project. The next
thing that happens is that the house
or condominium is built and sold, and
it is time for closing.
In the Agreement of Purchase and
Sale will be a clause that will relate
to the discharge of that part of the
blanket charge which a� ects the
property you are buying. The builders’
lawyers (the good ones, in any case)
add the clause that the purchaser
will accept the promise (undertaking)
of the builder’s lawyer to register
the partial discharge in a reasonable
period of time, but will give on closing
two important things:
1. A letter (“discharge statement”)
from the bank or other fi nancial
institution (“mortgagee” or “charge”)
setting out how much money has
to be paid to the chargee to obtain
the partial discharge; and
2. A direction from the builder to the
purchaser, telling the purchaser to
pay the amount of money needed
to obtain the partial discharge
directly to the chargee.
The clauses I will not accept stop
with the purchaser being forced to
accept the builder’s or the builder’s
lawyer’s undertaking to register
a partial discharge, without the
other information.
Now, I do not believe the builder
or the builder’s lawyers who do
not include this information would
give the promise without meaning
it, but what about things out of
their control?
For example, if:
» the builder goes bankrupt
» the builder has a dispute with
the bank
» some other party seizes the money
from the builder
» the builder has an internal
shareholders dispute and assets
are frozen
» the lawyer goes to Argentina with
the money
» the builder goes to Tahiti with
the money
If we had followed a) and b), none
of that would matter. My complaint
is that it does not cost the builder
anything to give this piece of mind
and security to the purchaser. It is just
usually the fault of some lawyer trying
to prove how good he or she can be.
So be careful.
Watch for these tricky clauses
and consult a lawyer, because only
a lawyer can provide legal advice
and care enough to catch these
kinds of things.
Advice | LEGALLY SPEAKING
Deciphering legal languageDeeds, transfers, mortgages, charges, discharges and undertakings
By Jayson Schwarz
MORE ADVICE ONLINEnexthome.yp.ca/news/advice
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.
017 Advice Jayson Schwarz-Deciphering legal language_MC-TL-WK-SB.indd 2 4/15/16 12:23 PMTCG 04-23-16 master.indd 17 2016-04-15 4:33 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
Musée - 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: Mon–Thurs: 12pm–6pmFri: ClosedWeekends & Holidays: 11am–5pm
Keep updated by following us:
Townhome Living.
GTA’s newestdowntown addressacross from theNEW TTCSubway Station with direct access to the Downtown Core.
Towns from $659,990*
NEW RELEASEDowntownVaughan.
A Plaza Berkley Community
18
018-019-Plaza-Corp 04-09-16.indd 18 2016-04-15 10:52 AM
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
Musée - 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: Mon–Thurs: 12pm–6pmFri: ClosedWeekends & Holidays: 11am–5pm
Keep updated by following us:
Townhome Living.
GTA’s newestdowntown addressacross from theNEW TTCSubway Station with direct access to the Downtown Core.
Towns from $659,990*
NEW RELEASEDowntownVaughan.
A Plaza Berkley Community
APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 19
018-019-Plaza-Corp 04-09-16.indd 19 2016-04-15 10:52 AM
APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 21 20 YPNEXTHOME.CA
Property Profile | THE DANIELS CORPORATION
DANIELS ERIN MILLS, ONE of
Mississauga’s largest master-planned,
mixed-use communities, just
keeps getting better. This coveted
neighbourhood, brought to you by
The Daniels Corporation, is already
home to the highly successful West
Tower Residential Condominium, as
well as Skyrise Rental Residence, the
first new rental apartment building in
Erin Mills in over 20 years. This spring,
Daniels will be selling what is sure
to be the crown jewel of this new
community — Arc Condominiums.
Situated at the southwest corner
of Eglinton Avenue West and Erin
Mills Parkway, Arc Condominiums
will inject a refreshing new energy
into the Erin Mills skyline. Its dramatic
19-storey curvilinear architectural
design will make a lasting impression
and stand as the newest landmark
within this vibrant location. And
what a location it is. Daniels Arc is
positioned directly across the street
from the newly renovated Erin Mills
Town Centre and big-box stores
including, Loblaws and Longo’s.
Additionally, Credit Valley Hospital,
public transit, the MiWay, trails,
schools, Highways 403 and 401, and
other amenities are also close by. If
you want to love where you live, Erin
Mills is the location for you.
And that’s not all. Daniels is doing
what they do best, and ensuring
that residents of Daniels Erin Mills
will have a community to come
home to — somewhere to live, work,
play, grow and shop. Fronting the
intersection of Erin Mills Parkway
and Eglinton Avenue, Daniels will
introduce a beautifully landscaped
plaza. This newly renovated corner
will connect the Daniels Erin Mills
community to the existing area and
will be the perfect place to grab lunch
with a friend, visit The Backyard Farm
& Market or access any of the 15,000
sq. ft. of retail space.
Shaping the future of Erin Mills with
Arc Condominiums
cover story
020-021 COVER Daniels - arc_MC-SB-JM.indd 2 4/15/16 3:37 PM
In addition to all of this, residents
will enjoy a unique courtyard located
in the centre of the community,
complete with a children’s playground
zone, a running track, gardening
plots, tables for alfresco dining and
plenty of open green space for free
play and picnicking. This is truly a city
within a city.
Within Arc Condominiums, residents
will enjoy an incredible offering of
exclusive amenities complete with a
full-court gymnasium, fitness centre,
an outdoor terrace with seating space
and barbecues, a large bookable
lounge and media area, a smaller open
lounge with comfortable seating,
and a party room to celebrate all
of life’s crowning achievements.
The opportunities for socializing,
Arc Condominiums Inner Circle.
Inner Circle members will receive an
invitation to attend the first advance
sale before the general public and
will have the most comprehensive
selection of suites, floors and views
to choose from. To join, simply pay a
one-time membership fee of $300,
which will be applied toward the
purchase of your new suite at Arc
Condominiums or fully refunded if
you decide not to purchase.
The Daniels Corporation
(danielshomes.ca) is one of Canada’s
preeminent developers, having
built more than 26,000 new-home
communities across the Greater
Toronto Area over 34 years. Among
its many initiatives, Daniels was
chosen to partner with Toronto
Community Housing to revitalize
Regent Park — 69 acres in the east
of Toronto’s Downtown. Committed
to community, Daniels offers
innovative programs that help people
achieve homeownership, champions
neighbourhood initiatives that
enhance quality of life, and supports
numerous charities and non-profit
organizations.
Register now for the Arc
Condominiums Inner Circle at
danielsarc.com or call 905.306.6996.
entertaining and fitness will be
phenomenal.
Priced from the low $200s, studios
to three-bedroom suites are crafted
with Daniels’ legendary quality and
superb features and finishes. Selected
by internationally renowned interior
designers HOK, suites will offer
uniquely selected finishing touches
that play off of the curvilinear design
of the residence as well as nine-ft.
ceilings, stylish laminate flooring
throughout, modern kitchens with
quartz countertops, custom designed
cabinetry with soft close drawers, and
stainless steel kitchen appliances. The
value is remarkable.
To ensure the very best chance of
purchasing a suite in this incredible
community, registrants can join the
LocationEglinton Ave. W. & Erin Mills Pkwy.
BuilderThe Daniels Corporation
DevelopmentArc Condominiums
Home TypeStudio to three-bedroom condo units
Sales Centre2475 Eglinton Ave. W.
Contact905.306.6996danielsarc.com
The Courtyard
The Plaza
020-021 COVER Daniels - arc_MC-SB-JM.indd 3 4/15/16 3:37 PMTCG 04-23-16 master.indd 20 2016-04-15 4:33 PM
APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 21 20 YPNEXTHOME.CA
Property Profile | THE DANIELS CORPORATION
DANIELS ERIN MILLS, ONE of
Mississauga’s largest master-planned,
mixed-use communities, just
keeps getting better. This coveted
neighbourhood, brought to you by
The Daniels Corporation, is already
home to the highly successful West
Tower Residential Condominium, as
well as Skyrise Rental Residence, the
first new rental apartment building in
Erin Mills in over 20 years. This spring,
Daniels will be selling what is sure
to be the crown jewel of this new
community — Arc Condominiums.
Situated at the southwest corner
of Eglinton Avenue West and Erin
Mills Parkway, Arc Condominiums
will inject a refreshing new energy
into the Erin Mills skyline. Its dramatic
19-storey curvilinear architectural
design will make a lasting impression
and stand as the newest landmark
within this vibrant location. And
what a location it is. Daniels Arc is
positioned directly across the street
from the newly renovated Erin Mills
Town Centre and big-box stores
including, Loblaws and Longo’s.
Additionally, Credit Valley Hospital,
public transit, the MiWay, trails,
schools, Highways 403 and 401, and
other amenities are also close by. If
you want to love where you live, Erin
Mills is the location for you.
And that’s not all. Daniels is doing
what they do best, and ensuring
that residents of Daniels Erin Mills
will have a community to come
home to — somewhere to live, work,
play, grow and shop. Fronting the
intersection of Erin Mills Parkway
and Eglinton Avenue, Daniels will
introduce a beautifully landscaped
plaza. This newly renovated corner
will connect the Daniels Erin Mills
community to the existing area and
will be the perfect place to grab lunch
with a friend, visit The Backyard Farm
& Market or access any of the 15,000
sq. ft. of retail space.
Shaping the future of Erin Mills with
Arc Condominiums
cover story
020-021 COVER Daniels - arc_MC-SB-JM.indd 2 4/15/16 3:37 PM
In addition to all of this, residents
will enjoy a unique courtyard located
in the centre of the community,
complete with a children’s playground
zone, a running track, gardening
plots, tables for alfresco dining and
plenty of open green space for free
play and picnicking. This is truly a city
within a city.
Within Arc Condominiums, residents
will enjoy an incredible offering of
exclusive amenities complete with a
full-court gymnasium, fitness centre,
an outdoor terrace with seating space
and barbecues, a large bookable
lounge and media area, a smaller open
lounge with comfortable seating,
and a party room to celebrate all
of life’s crowning achievements.
The opportunities for socializing,
Arc Condominiums Inner Circle.
Inner Circle members will receive an
invitation to attend the first advance
sale before the general public and
will have the most comprehensive
selection of suites, floors and views
to choose from. To join, simply pay a
one-time membership fee of $300,
which will be applied toward the
purchase of your new suite at Arc
Condominiums or fully refunded if
you decide not to purchase.
The Daniels Corporation
(danielshomes.ca) is one of Canada’s
preeminent developers, having
built more than 26,000 new-home
communities across the Greater
Toronto Area over 34 years. Among
its many initiatives, Daniels was
chosen to partner with Toronto
Community Housing to revitalize
Regent Park — 69 acres in the east
of Toronto’s Downtown. Committed
to community, Daniels offers
innovative programs that help people
achieve homeownership, champions
neighbourhood initiatives that
enhance quality of life, and supports
numerous charities and non-profit
organizations.
Register now for the Arc
Condominiums Inner Circle at
danielsarc.com or call 905.306.6996.
entertaining and fitness will be
phenomenal.
Priced from the low $200s, studios
to three-bedroom suites are crafted
with Daniels’ legendary quality and
superb features and finishes. Selected
by internationally renowned interior
designers HOK, suites will offer
uniquely selected finishing touches
that play off of the curvilinear design
of the residence as well as nine-ft.
ceilings, stylish laminate flooring
throughout, modern kitchens with
quartz countertops, custom designed
cabinetry with soft close drawers, and
stainless steel kitchen appliances. The
value is remarkable.
To ensure the very best chance of
purchasing a suite in this incredible
community, registrants can join the
LocationEglinton Ave. W. & Erin Mills Pkwy.
BuilderThe Daniels Corporation
DevelopmentArc Condominiums
Home TypeStudio to three-bedroom condo units
Sales Centre2475 Eglinton Ave. W.
Contact905.306.6996danielsarc.com
The Courtyard
The Plaza
020-021 COVER Daniels - arc_MC-SB-JM.indd 3 4/15/16 3:37 PMTCG 04-23-16 master.indd 21 2016-04-15 4:33 PM
022-Opearl-Sail 04-23-16 .indd 22 2016-04-15 10:52 AM
Construction starting Fall 2016
Suites from the $400s to over $2.5 million
ROSEDALE’S REVOLUTION IN LUXURY LIVING An impressive and beautifully proportioned limestone façade 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
SCENIC3 STUDIO SUITESThe Scenic studios offer an incredible opportunity for � rst-time buyers to break into the market. They’re spacious, easily affordable and given Scenic’s incredible location, make a wonderful investment.
Condos and Towns from the $300’s
Condos and TownsFrom the $300’s
LIVE AT STUDIO, BE DOWNTOWNSelect suites are still available. Don’t 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
23
023-Aspen-Corp 12-05-15.indd 23 2016-04-15 10:52 AM
APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 25 24 YPNEXTHOME.CA
Wayne Karl is an award-winning writer and editor with experience in real estate and business. In Fundamentally Speaking, Wayne explores the basics – such as economic fundamentals – you need to examine when buying
property. He can be reached at [email protected] or follow him on Twitter at Twitter.com/WayneKarl
By Wayne Karl
Advice | FUNDAMENTALLY SPEAKING
IMAGINE A HOUSE of cards — or a
game of Jenga — where one wrong
move could cause everything to
come crashing down. This is the fear
some have when it comes to foreign
investors in Canadian real estate.
The concern is that foreign buyers
— those who live elsewhere but buy
properties in Canada and rent them
out — are driving up home prices,
particularly in hot markets such as
Vancouver and Toronto. Some believe
this o� shore demand is leading to
an artifi cial and unsustainable market
which could cause a crash if, for any
reason, these owners pulled out or
sold their homes en masse.
“People are concerned that foreign
buyers are coming in and buying too
many properties and driving the prices
up,” Ben Myers, senior vice-president,
market research and analytics at
Fortress Real Developments, told
New Condo Guide. “That is the big
concern.”
Canada Mortgage and Housing
Corp. is taking steps to address this
“data gap,” by scheduling meetings
with industry stakeholders and
taking other measures. In Budget
2016, Prime Minister Justin Trudeau
promised to get a better handle on
the issue.
Some of these foreign buyers are
paying cash — given that Canadian
properties are a relative bargain
compared to prices back home
for Chinese buyers, for example.
This means they’re not borrowing
from Canadian banks or requiring
insurance from CMHC, further
contributing to the dearth of data.
Without such transparency, it could
fall on real estate agents and lawyers
to report such transactions.
The problem with this scenario,
according to Don R. Campbell,
well known real estate investor and
author, is that “data without action
or policy is just knowledge.” There is
nothing currently in place preventing
foreigners from purchasing Canadian
real estate.
“I’m a stats guy,” adds Myers.
“I’d love to see the information,
but I think we have a pretty good
idea that residential real estate
sales activity to non-domestic
buyers is pretty isolated to Toronto
and Vancouver. Should Canadian
taxpayers in every other metro
area be on the hook for the cost
of collecting this info?
“If we fi nd out foreign buyers own
1.2 per cent of Canadian residential
dwellings — 3.5 per cent in Toronto
units and 6.1 per cent in Vancouver —
then what? How much will it cost to
take the next steps?
“Even if you had the proper data
and the world’s best econometricians,
you could never know what a home
would have sold for if a foreign
purchaser didn’t buy it,” says Myers.
Campbell says any such data would
be “incredibly inaccurate, given the
many ways in which the ultimate
purchaser can hide who is buying.”
He also points out that The
Personal Information Protection and
Electronic Documents Act (PIPEDA)
could limit any disclosure. PIPEDA
sets out ground rules for how private
sector organizations may collect, use
or disclose personal information in
the course of commercial activities.
Why we need context, not just data, on foreign investors
MORE ADVICE ONLINEnexthome.yp.ca/waynekarl
024 FS Why we need context not just data_TL-WK-SB.indd 2 4/15/16 12:24 PM
Advice | STAT CHAT
THERE DOESN’T SEEM to be a day
that goes by that someone doesn’t
write about foreign buyers in the
Vancouver market. There has also
been much talk about non-Canadian
residents buying up pre-construction
condominium apartments in Toronto.
Is this a problem? Should you be
worried about short-term speculation
artifi cially infl ating the local highrise
market?
I don’t think you should be worried.
I wrote about foreign buyers and their
intentions in great detail in my latest
Market Manuscript report (please
take a look at this robust 75-page
report on the state of the Canadian
housing market, as I pull together
quotes and key fi ndings from the top
domestic real estate analysts and
economists). The report highlights
data from Urbanation Inc. that shows
that the share of condo units listed at
completion has trended downward
for several years in the Greater
Toronto Area, and that investors are
holding onto their units, regardless
of their nationality — no short-term
fl ipping, and no assigning of purchase
contracts during the construction
phase.
Benjamin Tal, chief economist
of CIBC, appeared at a housing
conference in March for the Global
Risk Institute, and mentioned that
he went to dinner with a substantial
group of local Chinese real estate
brokers that represent overseas
condo investors. He explained that
the majority of their clients have
Should you be scared of international buyers in Toronto’s condo market?
By Ben Myers
MORE ADVICE ONLINEypnexthome.ca/news/advice
relatives already living in Canada,
or have plans to send their children
to Canada for university or college.
These investors are not just randomly
choosing Toronto because prices
have continued to rise. He also noted
that the brokers believe the Chinese
government is cracking down on
capital fl ight from the country and
that it may infl uence their ability to
buy more suites in the future.
There is little evidence to suggest
these international buyers are
artifi cially infl ating the condominium
market. In fact, price appreciation
in the condominium market has
been relatively tame in the GTA for a
couple years (despite the big February
uptick). The rental market has been
obscenely strong and many of these
investors are happy to hold onto their
units and rent them out.
My Market Manuscript report shows
that foreign investors view Toronto
favourably due to the low prices in
comparison to other global cities.
For comparison, the value of an
ownership apartment in Hong Kong
is approximately 79 per cent greater
than Toronto, while London is 78
per cent more. Rents in Hong Kong
and London are 50 to 60 per cent
more than Toronto, while residents
in those cities only make about 14
per cent more in their average salary
after taxes. Based on these fi gures,
they see Toronto pricing increasing
dramatically over the next 20 years
when fewer downtown condo sites
are available and Toronto grows as
an international fi nancial and lifestyle
hotspot.
I don’t think you should be scared
of foreign buyers, but you should
be scared of missing out on an
appreciating residential real estate
market in 2016. My report shows that
most housing analysts are calling for
a fi ve- to nine-per-cent price growth
this year. My advice: surround yourself
with a good team, understand what
you can a� ord, and buy where you
want to live for fi ve years or more.
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 @BenMyers29.
025 Advice Stat Chat-Ben Myers (high-rise Mar 29 2016)_MC.indd 2 4/15/16 12:24 PMTCG 04-23-16 master.indd 24 2016-04-15 4:33 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 .
MEN 29200 Menkes Fabrik 4 pg Condo Guide Ad Mar 2016.indd 1 2016-03-18 11:16 AM
MOV E IN TH IS Y E A R . FA BR IK I S THE PER FEC T F I T.
Now’s a great time to complete your image and own your own home
at FABRIK. Discover some of the city’s 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 $300’S
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.
MEN 29200 Menkes Fabrik 4 pg Condo Guide Ad Mar 2016.indd 2-3 2016-03-18 11:16 AM
MOV E IN TH IS Y E A R . FA BR IK I S THE PER FEC T F I T.
Now’s a great time to complete your image and own your own home
at FABRIK. Discover some of the city’s 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 $300’S
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.
MEN 29200 Menkes Fabrik 4 pg Condo Guide Ad Mar 2016.indd 2-3 2016-03-18 11:16 AM
APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 25 24 YPNEXTHOME.CA
Wayne Karl is an award-winning writer and editor with experience in real estate and business. In Fundamentally Speaking, Wayne explores the basics – such as economic fundamentals – you need to examine when buying
property. He can be reached at [email protected] or follow him on Twitter at Twitter.com/WayneKarl
By Wayne Karl
Advice | FUNDAMENTALLY SPEAKING
IMAGINE A HOUSE of cards — or a
game of Jenga — where one wrong
move could cause everything to
come crashing down. This is the fear
some have when it comes to foreign
investors in Canadian real estate.
The concern is that foreign buyers
— those who live elsewhere but buy
properties in Canada and rent them
out — are driving up home prices,
particularly in hot markets such as
Vancouver and Toronto. Some believe
this o� shore demand is leading to
an artifi cial and unsustainable market
which could cause a crash if, for any
reason, these owners pulled out or
sold their homes en masse.
“People are concerned that foreign
buyers are coming in and buying too
many properties and driving the prices
up,” Ben Myers, senior vice-president,
market research and analytics at
Fortress Real Developments, told
New Condo Guide. “That is the big
concern.”
Canada Mortgage and Housing
Corp. is taking steps to address this
“data gap,” by scheduling meetings
with industry stakeholders and
taking other measures. In Budget
2016, Prime Minister Justin Trudeau
promised to get a better handle on
the issue.
Some of these foreign buyers are
paying cash — given that Canadian
properties are a relative bargain
compared to prices back home
for Chinese buyers, for example.
This means they’re not borrowing
from Canadian banks or requiring
insurance from CMHC, further
contributing to the dearth of data.
Without such transparency, it could
fall on real estate agents and lawyers
to report such transactions.
The problem with this scenario,
according to Don R. Campbell,
well known real estate investor and
author, is that “data without action
or policy is just knowledge.” There is
nothing currently in place preventing
foreigners from purchasing Canadian
real estate.
“I’m a stats guy,” adds Myers.
“I’d love to see the information,
but I think we have a pretty good
idea that residential real estate
sales activity to non-domestic
buyers is pretty isolated to Toronto
and Vancouver. Should Canadian
taxpayers in every other metro
area be on the hook for the cost
of collecting this info?
“If we fi nd out foreign buyers own
1.2 per cent of Canadian residential
dwellings — 3.5 per cent in Toronto
units and 6.1 per cent in Vancouver —
then what? How much will it cost to
take the next steps?
“Even if you had the proper data
and the world’s best econometricians,
you could never know what a home
would have sold for if a foreign
purchaser didn’t buy it,” says Myers.
Campbell says any such data would
be “incredibly inaccurate, given the
many ways in which the ultimate
purchaser can hide who is buying.”
He also points out that The
Personal Information Protection and
Electronic Documents Act (PIPEDA)
could limit any disclosure. PIPEDA
sets out ground rules for how private
sector organizations may collect, use
or disclose personal information in
the course of commercial activities.
Why we need context, not just data, on foreign investors
MORE ADVICE ONLINEnexthome.yp.ca/waynekarl
024 FS Why we need context not just data_TL-WK-SB.indd 2 4/15/16 12:24 PM
Advice | STAT CHAT
THERE DOESN’T SEEM to be a day
that goes by that someone doesn’t
write about foreign buyers in the
Vancouver market. There has also
been much talk about non-Canadian
residents buying up pre-construction
condominium apartments in Toronto.
Is this a problem? Should you be
worried about short-term speculation
artifi cially infl ating the local highrise
market?
I don’t think you should be worried.
I wrote about foreign buyers and their
intentions in great detail in my latest
Market Manuscript report (please
take a look at this robust 75-page
report on the state of the Canadian
housing market, as I pull together
quotes and key fi ndings from the top
domestic real estate analysts and
economists). The report highlights
data from Urbanation Inc. that shows
that the share of condo units listed at
completion has trended downward
for several years in the Greater
Toronto Area, and that investors are
holding onto their units, regardless
of their nationality — no short-term
fl ipping, and no assigning of purchase
contracts during the construction
phase.
Benjamin Tal, chief economist
of CIBC, appeared at a housing
conference in March for the Global
Risk Institute, and mentioned that
he went to dinner with a substantial
group of local Chinese real estate
brokers that represent overseas
condo investors. He explained that
the majority of their clients have
Should you be scared of international buyers in Toronto’s condo market?
By Ben Myers
MORE ADVICE ONLINEypnexthome.ca/news/advice
relatives already living in Canada,
or have plans to send their children
to Canada for university or college.
These investors are not just randomly
choosing Toronto because prices
have continued to rise. He also noted
that the brokers believe the Chinese
government is cracking down on
capital fl ight from the country and
that it may infl uence their ability to
buy more suites in the future.
There is little evidence to suggest
these international buyers are
artifi cially infl ating the condominium
market. In fact, price appreciation
in the condominium market has
been relatively tame in the GTA for a
couple years (despite the big February
uptick). The rental market has been
obscenely strong and many of these
investors are happy to hold onto their
units and rent them out.
My Market Manuscript report shows
that foreign investors view Toronto
favourably due to the low prices in
comparison to other global cities.
For comparison, the value of an
ownership apartment in Hong Kong
is approximately 79 per cent greater
than Toronto, while London is 78
per cent more. Rents in Hong Kong
and London are 50 to 60 per cent
more than Toronto, while residents
in those cities only make about 14
per cent more in their average salary
after taxes. Based on these fi gures,
they see Toronto pricing increasing
dramatically over the next 20 years
when fewer downtown condo sites
are available and Toronto grows as
an international fi nancial and lifestyle
hotspot.
I don’t think you should be scared
of foreign buyers, but you should
be scared of missing out on an
appreciating residential real estate
market in 2016. My report shows that
most housing analysts are calling for
a fi ve- to nine-per-cent price growth
this year. My advice: surround yourself
with a good team, understand what
you can a� ord, and buy where you
want to live for fi ve years or more.
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 @BenMyers29.
025 Advice Stat Chat-Ben Myers (high-rise Mar 29 2016)_MC.indd 2 4/15/16 12:24 PMTCG 04-23-16 master.indd 25 2016-04-15 4:33 PM
APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 27 26 YPNEXTHOME.CA
bedroom plus den layouts, the equilibrium of livability and
modern conveniences can be balanced.
The fabulous downtown life doesn’t get any better
than this. With events and festivities taking place in the
area, theatres around the corner, and trendy boutiques
and restaurants right at your doorstep, there is never
a dull moment. With a perfect Walk Score and public
transportation just steps away, getting around the
neighbourhood is a breeze. Walk, bike, cab or drive to the
local universities, shopping centres and entertainment
destinations, all of which are right at your fingertips!
The PJ Condos will offer the convenience of an outdoor
pool and hot tub, ideal for unwinding at the end of a busy
day. The designer-decorated party room is perfect for
hosting gatherings for your friends and family. You can
also work up a sweat in the fitness centre complete with
the latest equipment or stretch your worries away in the
yoga room.
The suites make it easy to relax in the comfort of your
own home. Units come complete with nine-ft. ceilings,
laminate flooring, modern kitchens with designer cabinetry,
stainless steel kitchen appliances, granite or quartz
countertops, undermount sinks, spa-inspired bathrooms
with deep soaker tubs, rain shower heads, and more!
With the luxurious finishes and amenities, ideal location
and prices starting from the low $300s, these suites are
bound to go fast!
Pinnacle International is one of Canada’s leading
builders of luxury condominium residences, hotels and
commercial developments. Based in Vancouver, Pinnacle
has been involved in development, design, construction
and management for more than three decades. Pinnacle’s
portfolio includes landmark locations in Vancouver,
Toronto, Mississauga, and San Diego. A Pinnacle property
is always place-perfect, with an élan of its own.
Visit the sales centre and tour the designer-decorated
model suite at 283 Adelaide St. (at John Street), open
daily from noon to 6 p.m. For more information, call
416.596.1600, email [email protected] or go
to pjcondos.ca.
LocationPearl & John streets
BuilderPinnacle International
DevelopmentThe PJ Condos
Home TypeStudio to three-bedroom plus den condo units
Sales Centre283 Adelaide St.
Contact416.596.1600pjcondos.ca
026-027 PP Pinnacle _MC-SB-JM.indd 3 4/15/16 12:24 PM
Property Profile | PINNACLE INTERNATIONAL
THE ENTERTAINMENT DISTRICT is one of the most
sophisticated neighbourhoods in Toronto. Home to
numerous theatres, performing arts centres, major
sports venues and attractions, the Entertainment District
continues to grow with more culture, diversity and
excitement.
In the midst of this lively district is the John Street
cultural corridor. With wider streets and public plazas,
this pedestrian-friendly street will host future events
and festivals, and will be the next ‘hot’ destination in
Downtown Toronto.
Soon to join this fun-filled area is The PJ Condos.
With the John Street cultural corridor at the base of the
building, residents of The PJ Condos will be living in the
heart of all the excitement. With its striking architecture,
combined with a dynamic mix of suite layouts ranging
from 404-sq.-ft. studios to more than 1,000-sq.-ft. three-
Live downtown at Pearl and Johnin the heart of the Entertainment District!
026-027 PP Pinnacle _MC-SB-JM.indd 2 4/15/16 12:24 PMTCG 04-23-16 master.indd 26 2016-04-15 4:33 PM
APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 27 26 YPNEXTHOME.CA
bedroom plus den layouts, the equilibrium of livability and
modern conveniences can be balanced.
The fabulous downtown life doesn’t get any better
than this. With events and festivities taking place in the
area, theatres around the corner, and trendy boutiques
and restaurants right at your doorstep, there is never
a dull moment. With a perfect Walk Score and public
transportation just steps away, getting around the
neighbourhood is a breeze. Walk, bike, cab or drive to the
local universities, shopping centres and entertainment
destinations, all of which are right at your fingertips!
The PJ Condos will offer the convenience of an outdoor
pool and hot tub, ideal for unwinding at the end of a busy
day. The designer-decorated party room is perfect for
hosting gatherings for your friends and family. You can
also work up a sweat in the fitness centre complete with
the latest equipment or stretch your worries away in the
yoga room.
The suites make it easy to relax in the comfort of your
own home. Units come complete with nine-ft. ceilings,
laminate flooring, modern kitchens with designer cabinetry,
stainless steel kitchen appliances, granite or quartz
countertops, undermount sinks, spa-inspired bathrooms
with deep soaker tubs, rain shower heads, and more!
With the luxurious finishes and amenities, ideal location
and prices starting from the low $300s, these suites are
bound to go fast!
Pinnacle International is one of Canada’s leading
builders of luxury condominium residences, hotels and
commercial developments. Based in Vancouver, Pinnacle
has been involved in development, design, construction
and management for more than three decades. Pinnacle’s
portfolio includes landmark locations in Vancouver,
Toronto, Mississauga, and San Diego. A Pinnacle property
is always place-perfect, with an élan of its own.
Visit the sales centre and tour the designer-decorated
model suite at 283 Adelaide St. (at John Street), open
daily from noon to 6 p.m. For more information, call
416.596.1600, email [email protected] or go
to pjcondos.ca.
LocationPearl & John streets
BuilderPinnacle International
DevelopmentThe PJ Condos
Home TypeStudio to three-bedroom plus den condo units
Sales Centre283 Adelaide St.
Contact416.596.1600pjcondos.ca
026-027 PP Pinnacle _MC-SB-JM.indd 3 4/15/16 12:24 PM
Property Profile | PINNACLE INTERNATIONAL
THE ENTERTAINMENT DISTRICT is one of the most
sophisticated neighbourhoods in Toronto. Home to
numerous theatres, performing arts centres, major
sports venues and attractions, the Entertainment District
continues to grow with more culture, diversity and
excitement.
In the midst of this lively district is the John Street
cultural corridor. With wider streets and public plazas,
this pedestrian-friendly street will host future events
and festivals, and will be the next ‘hot’ destination in
Downtown Toronto.
Soon to join this fun-filled area is The PJ Condos.
With the John Street cultural corridor at the base of the
building, residents of The PJ Condos will be living in the
heart of all the excitement. With its striking architecture,
combined with a dynamic mix of suite layouts ranging
from 404-sq.-ft. studios to more than 1,000-sq.-ft. three-
Live downtown at Pearl and Johnin the heart of the Entertainment District!
026-027 PP Pinnacle _MC-SB-JM.indd 2 4/15/16 12:24 PMTCG 04-23-16 master.indd 27 2016-04-15 4:33 PM
APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 29 28 YPNEXTHOME.CA
CONDOMINIUM INVESTORS in
Vancouver and Toronto display stable
characteristics over time. Most are
small-scale investors that own only
one secondary unit, nearly one-half
purchased their last secondary unit
for rental income and most expect
to own their investment property
for more than fi ve years, according
to the Canada Mortgage and
Housing Corporation (CMHC) 2015
Condominium Owners Survey (COS).
The annual report, focused
on the Vancouver and Toronto
Census Metropolitan Areas (CMAs),
includes survey insights on what
motivates condo purchases, how
long owners hold onto their units,
and the mortgage-fi nancing profi le
of condominium owners whose
primary dwelling is a freehold or
condominium unit but who also own
at least one secondary condominium
unit. These households are referred to
in the report as COS investors.
Report highlights
» Results are very stable over surveys.
» Nearly one-half of COS investors
purchased their last secondary unit
for rental income.
» About 60 per cent plan to hold
onto their last purchases unit for
more than fi ve years versus eight
per cent planning to sell their unit
in less than two years.
» Nearly three-quarters have only
one unit and roughly 90 per cent
do not plan on buying new units in
year following the survey.
» 56 per cent expect their units to
appreciate, 35 per cent do not
expect a signifi cant change and fi ve
per cent anticipate a decrease in
value.
Trending
» The share of COS investors with a mortgage on their last purchased unit
(at the time of the survey) stood at 53 per cent. This is slightly below the
share reported for all home owners (59 per cent) in Statistics Canada’s 2011
National Household Survey.
» The surveys of Toronto and Vancouver produced similar results. However,
a larger share of respondents in Toronto expect the value of their units to
increase than in Vancouver, but the gap is closing.
COS investors, as defi ned by CMHC, exclude households that own only
one condominium unit in which they reside, as well as households that own a
secondary unit but rent their primary residence.
As Canada’s authority on housing, CMHC contributes to the stability of
the housing market and fi nancial system, provides support for Canadians
in housing need, and o� ers objective housing research and information to
Canadian governments, consumers and the housing industry.
For more information, follow CMHC on Twitter, YouTube, LinkedIn and
Facebook.
Latest CMHC report shows condominium investors are in it for the long haul
MORE TRENDING ONLINEypnexthome.ca/news
028 TR Latest CMHC Report Shows Condominium Investors Are in It for the Long Haul_MC-JM.indd 2 4/15/16 12:24 PMTCG 04-23-16 master.indd 28 2016-04-15 4:33 PM
Earn 8% interest on your deposit*
Earn 8% interest on your deposit*
* Price, information and program subject to change without notice. For qualifi ed buyers on approved credit. 8% interest offer provided upon the earlier of (i) 12 months from the day the Vendor receives the full 15% deposit or (ii) the day the proposed unit is available for possession or occupancy, the Vendor will pay simple interest at a rate of 8% per annum, to be credited on unit transfer date. Restrictions apply. Not co-operating with this promotion. Limited time offer. See Sales Representative for details. E&O.E.
VILLAGERESIDENCES.CA | 647.622.8408
An Exclusive Bayview Lifestyle
Enjoy living at The Village Residences, located across from the Bayview subway and steps to Bayview Village, parks, schools, highways and more.
URBAN CONDOS from the mid $300’s
VRES 45797 Condo Guide FP AD - 8%-final.indd 1 2016-03-17 10:51 AM
APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 29
029-Liberty-Village 03-26-16.indd 29 2016-04-15 1:36 PM
030-Liberty-Cosmos 04-23-16.indd 30 2016-04-15 3:59 PM
WorldOnYonge.ca | 905-771-7010
7163 Yonge St., Unit #124
YONGE ST.
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3520 Danforth Ave.
DANFORTH AVE.
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www.MyLibertyCondo.ca*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 qualifi ed buyers on approved credit. Balance due on closing. All renderings are artist’s concept. Prices, specifi cations and availability subject to change without notice. E&O.E. Brokers protected. See Sales Representative for details.
MOVE IN NOWWITH ONLY
5%DOWN PAYMENT*
LIBC 46033 Condo Guide Ad.indd 1 2016-03-31 10:32 AM
APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 31
031-Liberty-Corp 04-09-16.indd 31 2016-04-15 1:36 PM
APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 33 32 YPNEXTHOME.CA
AWARD-WINNING BUILDER Mattamy
Homes has broken ground on
construction of its latest Oakville
community: The Residences of
Creekshore Common. This unique
collection of upscale, boutique
condominiums will provide a variety
of modern living options for those
looking to make their home in one of
Oakville’s most desirable addresses.
Mattamy, which has grown into
North America’s largest privately
owned home builder, has its
roots in the Oakville area and has
been building in the Town since
1980, with nearly 5,000 homes
in 13 communities. This includes
Mattamy’s flagship community of
The Preserve in North Oakville,
Trending
which opened for sale in 2014.
To date, all these homes have
been lowrise; The Residences of
Creekshore Common represents
the company’s first midrise building
in Oakville.
“Our objective with this community
was to establish a new benchmark
for architectural excellence in North
Oakville,” says Jill Lalonde, vice-
president, sales and marketing, for
Mattamy’s Halton-Hamilton division.
“We wanted to create something
unique, and engage the future
Dundas Urban Corridor in a bold
manner, setting a precedent for future
development. We can’t wait to see
families calling The Residences at
Creekshore Common home. This will
be the first of many future projects of
this nature for Mattamy Homes.”
Oakville Mayor Rob Burton, along
with Regional and Town Councillor
Jeff Knoll, joined representatives of
Mattamy Homes on April 5, 2016,
to officially break ground on the
development. “This unique, vibrant
new community is the kind of
addition to our town that all Oakville
residents stand to benefit from,”
said Burton. “It’s a positive step in
bringing the Dundas Urban Corridor
to life and contributing to an even
more livable Oakville.”
Councillor Knoll echoed the Mayor’s
comments: “Mattamy’s vision for the
property is perfectly aligned with our
desire for the Dundas Corridor to be a
Mattamy Homes breaks ground on The Residences of Creekshore Common
032-033 TR Mattamy Oakville_MC_TL-WK.indd 2 4/15/16 12:24 PM
MORE TRENDING ONLINEnexthome.yp.ca/news
vibrant, pedestrian-oriented, mixed-
use urban community.”
The Residence of Creekshore
Common explores a new, modern
architectural style, with layouts ranging
from 925 to 1,188 sq. ft., and prices
ranges starting at $405,990. Features
and amenities of the building include:
» Standard, high-end fi nishes
throughout
» Floor-to-ceiling windows
» Nine-ft. ceilings and 14-ft.
penthouse ceilings
» Granite kitchen surfaces
» Superior hardware throughout
» Stylish pendant lighting
» Spacious master bedroom with
double-sink ensuite, glass shower
and grand walk-in closet
» Large balconies, patios, and
terraces
» Fitness centre and pet spa on-site
» Common Lounge for personal
event space or as a common
gathering place.
» Rooftop terrace with barbecues for
the use of all residents
The design for The Residences of
Creekshore Common challenges
traditional expectations of midrise
living. “Projecting planes in
combination with fl oor-to-ceiling glass
and “wide and shallow suite layouts”
increases natural light to all living
spaces and provides new opportunities
in contemporary architectural
language,” says Frances Martin-
DiGiuseppe, principal architect, Q4
Architects Inc. – the award-winning
fi rm that designed The Residences of
Creekshore Common.
The community is an extension
of The Preserve and is located on
the north side of Dundas Street,
west of Sixth Line. Situated between
two large ponds and directly next
to a naturalized channel, it shares
physical and visual relationships with
neighborhood nodes, community
parks and Oakville’s Natural Heritage
System. It was designed to be
walkable, cycle-friendly and transit-
oriented in order to promote active
and healthy living. The community
is convenient to the necessities of
modern urban living, including:
» Grocery stores
» Banks
» Pubs and fi ne dining
» Shopping
» Schools
» Neighbourhood parks
» Quick and easy access to the QEW,
401, 407, Oakville GO station
Sustainability was an important
design aspect for The Residences
of Creekshore Common. The
community plan is effi cient in
delivering medium-density housing
in a small parcel of land while
preserving physical relationships
as well as expansive views to the
Natural Heritage System, adjacent
Munn’s Creek, and Oakville landscape
beyond. Incorporated water-based
subsystems support surrounding
picturesque ponds while sloped
planted landscapes slow surface
run-off to neighbouring sites. South-
facing rooms are shaded by large
overhangs reducing heat load. Locally
produced prefabricated wall, fl oor
and roof panels create effi ciencies
and reduce waste.
The Residences of Creekshore
Common are currently for sale,
with occupancy anticipated for the
summer of 2017.
For more information, visit
mattamyhomes.com.
032-033 TR Mattamy Oakville_MC_TL-WK.indd 3 4/15/16 12:25 PMTCG 04-23-16 master.indd 32 2016-04-15 4:33 PM
APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 33 32 YPNEXTHOME.CA
AWARD-WINNING BUILDER Mattamy
Homes has broken ground on
construction of its latest Oakville
community: The Residences of
Creekshore Common. This unique
collection of upscale, boutique
condominiums will provide a variety
of modern living options for those
looking to make their home in one of
Oakville’s most desirable addresses.
Mattamy, which has grown into
North America’s largest privately
owned home builder, has its
roots in the Oakville area and has
been building in the Town since
1980, with nearly 5,000 homes
in 13 communities. This includes
Mattamy’s flagship community of
The Preserve in North Oakville,
Trending
which opened for sale in 2014.
To date, all these homes have
been lowrise; The Residences of
Creekshore Common represents
the company’s first midrise building
in Oakville.
“Our objective with this community
was to establish a new benchmark
for architectural excellence in North
Oakville,” says Jill Lalonde, vice-
president, sales and marketing, for
Mattamy’s Halton-Hamilton division.
“We wanted to create something
unique, and engage the future
Dundas Urban Corridor in a bold
manner, setting a precedent for future
development. We can’t wait to see
families calling The Residences at
Creekshore Common home. This will
be the first of many future projects of
this nature for Mattamy Homes.”
Oakville Mayor Rob Burton, along
with Regional and Town Councillor
Jeff Knoll, joined representatives of
Mattamy Homes on April 5, 2016,
to officially break ground on the
development. “This unique, vibrant
new community is the kind of
addition to our town that all Oakville
residents stand to benefit from,”
said Burton. “It’s a positive step in
bringing the Dundas Urban Corridor
to life and contributing to an even
more livable Oakville.”
Councillor Knoll echoed the Mayor’s
comments: “Mattamy’s vision for the
property is perfectly aligned with our
desire for the Dundas Corridor to be a
Mattamy Homes breaks ground on The Residences of Creekshore Common
032-033 TR Mattamy Oakville_MC_TL-WK.indd 2 4/15/16 12:24 PM
MORE TRENDING ONLINEnexthome.yp.ca/news
vibrant, pedestrian-oriented, mixed-
use urban community.”
The Residence of Creekshore
Common explores a new, modern
architectural style, with layouts ranging
from 925 to 1,188 sq. ft., and prices
ranges starting at $405,990. Features
and amenities of the building include:
» Standard, high-end fi nishes
throughout
» Floor-to-ceiling windows
» Nine-ft. ceilings and 14-ft.
penthouse ceilings
» Granite kitchen surfaces
» Superior hardware throughout
» Stylish pendant lighting
» Spacious master bedroom with
double-sink ensuite, glass shower
and grand walk-in closet
» Large balconies, patios, and
terraces
» Fitness centre and pet spa on-site
» Common Lounge for personal
event space or as a common
gathering place.
» Rooftop terrace with barbecues for
the use of all residents
The design for The Residences of
Creekshore Common challenges
traditional expectations of midrise
living. “Projecting planes in
combination with fl oor-to-ceiling glass
and “wide and shallow suite layouts”
increases natural light to all living
spaces and provides new opportunities
in contemporary architectural
language,” says Frances Martin-
DiGiuseppe, principal architect, Q4
Architects Inc. – the award-winning
fi rm that designed The Residences of
Creekshore Common.
The community is an extension
of The Preserve and is located on
the north side of Dundas Street,
west of Sixth Line. Situated between
two large ponds and directly next
to a naturalized channel, it shares
physical and visual relationships with
neighborhood nodes, community
parks and Oakville’s Natural Heritage
System. It was designed to be
walkable, cycle-friendly and transit-
oriented in order to promote active
and healthy living. The community
is convenient to the necessities of
modern urban living, including:
» Grocery stores
» Banks
» Pubs and fi ne dining
» Shopping
» Schools
» Neighbourhood parks
» Quick and easy access to the QEW,
401, 407, Oakville GO station
Sustainability was an important
design aspect for The Residences
of Creekshore Common. The
community plan is effi cient in
delivering medium-density housing
in a small parcel of land while
preserving physical relationships
as well as expansive views to the
Natural Heritage System, adjacent
Munn’s Creek, and Oakville landscape
beyond. Incorporated water-based
subsystems support surrounding
picturesque ponds while sloped
planted landscapes slow surface
run-off to neighbouring sites. South-
facing rooms are shaded by large
overhangs reducing heat load. Locally
produced prefabricated wall, fl oor
and roof panels create effi ciencies
and reduce waste.
The Residences of Creekshore
Common are currently for sale,
with occupancy anticipated for the
summer of 2017.
For more information, visit
mattamyhomes.com.
032-033 TR Mattamy Oakville_MC_TL-WK.indd 3 4/15/16 12:25 PMTCG 04-23-16 master.indd 33 2016-04-15 4:33 PM
YOU 160 SweetLife Condo Guide Ad_Apr23_FNL_OTL.pdf 1 2016-04-12 3:21 PM
034-YourHome-SweetLife 04-23-16.indd 34 2016-04-15 10:52 AM
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
tives
for m
ore
deta
ils. A
furth
er 5
% is
requ
ired
upon
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upan
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Rend
erin
gs a
re a
n ar
tist’s
impr
essio
n. P
rices
are
sub
ject t
o ch
ange
with
out n
otice
E. &
O.E
.THE ICONIC RIVER CITY TOWERIS UNDER CONSTRUCTION.
WITH ONLY
10DOWN%*
OWN AT RIVER CITYFROM THE LOW $200’STO $1.4 MILLION
PHASE 1SOLD OUT
PHASE 2SOLD OUT
PHASE 3UNDER CONSTRUCTION
035-Urban-RC3 04-23-16.indd 35 2016-04-15 10:52 AM
APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 37 36 YPNEXTHOME.CA
IF YOU WANT TO SAVE for a home in the next fi ve years,
you should avoid stocks because you could lose money.
Instead, you should use no-risk options like a high-interest
savings account or GICs. But what type of savings vehicle
should you use?
There are three di� erent types of accounts to choose
from and each has its own advantages and disadvantages.
Here are your options:
RRSP
An RRSP allows the money you save to grow tax-free. If
you qualify as a fi rst-time homebuyer, you’ll also be able
to take advantage of the Home Buyers’ Plan (HBP).
Using the HBP, you can withdraw up to $25,000 from
your RRSP as long as the money was deposited more than
90 days ago. If you’re buying with a spouse or partner who
is also a fi rst-time buyer, you can each take out $25,000
for a total of $50,000. The money you withdraw has to be
taken out no later than 30 days after the closing date.
You must start repaying what you borrowed the second
year after the year you withdrew the funds. You have up to
15 years to repay that amount.
For example, if you borrow $24,000 from your RRSP,
you’ll need to pay $1,600 a year ($24,000 divided by 15,
equals $1,600).
You can pay more than the $1,600 towards your HBP in
any given year and your annual payments will decrease. If
you decide to pay $9,400 in the second year, then you’ll
only need to pay $1,000 a year thereafter.
The great thing about the money you withdraw from
your RRSP for the HBP is it’s tax-free. However, if you can’t
a� ord to make the annual payment, you’ll have to declare
it as RRSP income on your tax return.
YEAR 2016 2017 2018
HBP balance $24,000 $22,400 $13,000
Annual
repayment
amount
$1,600
($24,000
÷ 15 years)
$1,600
($22,400
÷ 14 years)
$1,000
($13,000
÷ 13 years)
Your payment $1,600 $9,400 $1,000
Advice | MORTGAGE ADVICE
Savings options for buying a home
TFSA
Like an RRSP, a TFSA also allows your money to grow tax-
free. But there aren’t as many restrictions as there are with
an RRSP.
If you’re buying a home for the second or third time,
you can still make a tax-free withdrawal from your TFSA.
There aren’t any fi rst-time homebuyer restrictions.
You’re not restricted to borrowing just $25,000 because
you can withdraw as much as you want from a TFSA. You
also don’t have to pay the money back over a specifi c
timeframe. In fact, you don’t have to repay the amount
you took out and there aren’t any tax penalties.
The other good thing about using your TFSA is you keep
your RRSP intact and allow your money to compound
over time so you can save more for retirement.
However, you won’t get a tax refund if you save using a
TFSA instead of an RRSP. If you were to get a refund, you
could use that extra cash for your down payment and be
able to save even more money.
Non-registered account
You could use a non-registered account to save for a
house but this isn’t the best option because you’ll be taxed
on any interest earned.
The only reason you might use this type of account is
if you don’t have any RRSP or TFSA contribution room,
which is highly unlikely.
However, you can withdraw as much money as you
want from a non-registered account and you never have
to pay it back.
Which one to choose?
RRSPs and TFSAs allow your money to grow tax-free while
a non-registered account does not. A TFSA has fewer
restrictions, while a saving in an RRSP will provide you with
tax refunds, which can increase your savings.
The best option might be to use a combination of both.
Alyssa Richard is the founder and CEO of ratehub.ca, a mortgage rate comparison site that aims to empower Canadians to make smart fi nancial decisions.
By Alyssa Richard
MORE ADVICE ONLINEypnexthome.ca/news/advice
036 MORTGAGE ADVICE-SavingsOptions_TL-WK-JM.indd 16 4/15/16 12:25 PMTCG 04-23-16 master.indd 36 2016-04-15 4:33 PM
C O M I N G S O O N
G e t t o k n o w E l l i e t o d a y.Re g i s t e r n o w f o r p r i o r i t y a c c e s s .
I T ’ S T I M E TO M E E T E L L I E
E L L I E C O N D O S . C O MBrokers Protected. Illustrations are artist’s concept. Prices and specifications are subject to change without notice. E. & O. E.
L U X U R Y C O N D O M I N I U M SA T Y O N G E & E L L E R S L I EF R O M T H E M I D $ 2 0 0 , 0 0 0 ’ s
037-GGroup-Ellie 04-23-16.indd 37 2016-04-15 10:53 AM
APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 39 38 YPNEXTHOME.CA
Advice | HOT TOPIC
THE LOW CANADIAN DOLLAR has given
a boost to the already potent real
estate market in the Greater Toronto
Area. In January 2016, we saw the
dollar dip below US$0.69, which has
not happened in the last 13 years. Last
time the exchange rate was close to
this level was on Jan. 21, 2002, when
our dollar was US$0.6179. That was
the day before Kmart, the largest
American retailer, fi led for Chapter 11
bankruptcy. It was also the same year
Canada defeated the United States
fi ve-two in the men’s Olympic hockey
gold medal match. These are such
distant memories.
Last month when I was at the
supermarket, a head of caulifl ower was
$7.99. I did not think that caulifl ower
had become a luxury food item. After
doing a double take, I found that not
only was there a drought in California,
but the sinking dollar played a big
role in this price hike. Admittedly, not
everything in the store increased that
dramatically. The Food Institute at the
University of Guelph has projected an
increase in 2016 for fruits, vegetables,
and nuts in the range of 2.5 per cent to
4.5 per cent.
The low Canadian dollar will
dampen the pocketbooks of those
who choose to travel internationally,
shop abroad or buy imported goods.
Travelling domestically this year
might not such a bad idea. Tourism
in Canada has certainly gained
momentum with many foreigners,
especially Americans, trekking across
the border. They are not only here
Low Canadian dollarAn investor’s paradise
as tourists visiting world-acclaimed
cities such as Toronto, but also as
consumers. A recent Hu� ngton
Post report examined the types
of consumer goods available to
Americans at a discounted rate in
Canada. Electronics, for the most
part, cost 10 to 30 per cent less
here than in the U.S. Vehicles in the
$40,000s are approximately $10,000
cheaper in Canada after the USD
exchange rate.
Our low loonie has also resulted
in a boost in our real estate market
thanks to foreign investors and
new immigrants. I recently met a
Canadian couple who work and live
in the U.S. Since their income is in
US dollars, they have found that the
Canadian real estate market o� ers a
substantial discount. The exchange
rate has essentially provided them
with an opportunity to invest in the
real estate market now, but at price
levels comparable to two to three
years ago. Their plan is to purchase
real estate now, have a foot in the
Canadian real estate market and
move back to Canadian soil when
their job situation allows.
The low loonie, coupled with
Canadian banks’ lending criteria,
make this a great opportunity to
convert foreign currency and pour it
into the real estate market in Canada.
For the most part, Ontario and the
rest of Canada welcome foreign
investors with open arms. Anyone
outside the country who plans on
living in Canada for less than six
months of the year may keep a home,
even without applying for residency.
Foreigners who wish to stay longer
in Canada may apply for permanent
residency or immigration, and there
is no restriction to the number of
properties that he or she may own.
Foreign investors are subject to the
same fees and taxes as all Canadians,
but typically require a minimum of a
35 per cent down payment to secure
a loan from a Canadian bank. There is
also a 25-per-cent withholding tax on
rental income and capital gains, if the
investor decides to sell the property
and turns a profi t. These policies
have not deterred investors from
continuously pouring their capital into
the Canadian real estate market.
The Canadian banking system
also holds a tremendous advantage.
Canada has the most well managed,
well regulated, and well capitalized
banks in the world. Back in late 2008
and early 2009, Canada withstood the
economic downturn and much of that
was due to our stable banking system.
From a mortgage lending
standpoint, Canada does not have the
same subprime mortgage problems
that were the origin of the U.S.
real estate crash. Canadian lenders
tend to hold on to mortgages they
originate rather than distribute to
other institutions, and as a result limit
irresponsible lending decisions and
fi nancial consequences.
Why would you invest your money
anywhere else in the world? Real
estate in Canada is your best bet.
Anthony Jong is a broker at Re/Max Hallmark Realty Ltd., Brokerage, specializing in homes, condos and commercial properties. Email him at [email protected], visit online at anthonyjong.ca or call 416.836.2821.
By Anthony Jong
MORE ADVICE ONLINEnexthome.yp.ca/news/advice
038 Advice Anthony Jong-Low Canadian dollar- investor's paradise_MC-WK-JM.indd 2 4/15/16 12:25 PMTCG 04-23-16 master.indd 38 2016-04-15 4:33 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
039-Guizzetti-GrandPalace 04-23-16.indd 39 2016-04-15 10:53 AM
LIVE ON THE WATERFRONT
MATHIRISE - Lago - Riva Del Lago - Condo Guide - March 19 Due: 16/3/2016
File Name: MATHIRISE-CondoGuide_April Publication: Condo Guide
Trim: 7.5”w x 10.5”h Safety/V.O.: .5” DPI: 300
Bleed: .125 Colours: CMYK Built: 16/03/2016 – SS
MATHIRISE-CondoGuide_April.indd 1 2016-04-14 2:39 PM
FOR MORE INFORMATION REGISTER AT MATTAMYHOMES.COM
FOLLOW US:
SALES CENTRE HOURS: Monday - Thursday 12 pm - 8 pm; Friday 1pm-6pm; Saturday - Sunday 11 am - 6 pmSALES CENTRE ADDRESS: 2167 Lake Shore Blvd. West, Etobicoke, ON, M8V 0A8 • 647-347-5930
Prices, specification and promotions are subject to change without notice. Renderings are artist’s concept and images are for mood and impression only. E.&O.E. March 2016.
MOVE IN TO YOUR SPECTACULAR WATERFRONT HOME THIS YEAR
Overlooking the spectacular city skyline, wrap-around balconies provide this 50-Storey gem a brilliantly distinctive appearance.
ETOBICOKE WATERFRONT READY EARLY 2017
UNDER CONSTRUCTION
674 to 1,188 Sq.Ft. From $299,990(Price does not include parking)
DISCOVER BEAUTIFUL BOUTIQUE LIVING RIGHT ON THE LAKE SHORE
A remarkable 16-storey residence with a 5-storey podium offers resort style-living and clear views of Lake Ontario and the Toronto skyline.
ETOBICOKE WATERFRONT MOVE IN 2016
UNDER CONSTRUCTION
1,083 to 1,372 Sq.Ft. From $743,990(Price shown before incentive)
Buy now and receive $50,000 in savings plus 3 Years Free Maintenance on select suites
ONLY 2 UNITS LEFT
MATHIRISE - Lago - Riva Del Lago - Condo Guide Due: 14/04/2016
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APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 41 40 YPNEXTHOME.CA
Advice | CONDO PRO
I’VE BEEN INVOLVED in the new-
condo industry for years, and I have
never seen conditions as favourable
for fi rst-time buyers as they are
right now.
Anyone thinking about taking this
major step should seriously consider
buying soon for a multitude of
reasons. For one thing, it’s absolutely
incredible that interest rates have
stayed so low for so long. Whatever
age people are when they enter the
market today, they’re getting rates far
lower than what their parents had.
And when you consider the length
of time it takes to pay o� a mortgage
and the amount of interest you pay
during that time, every percentage
point — or even fraction of a point —
lower represents many thousands of
dollars saved in the long run.
Also on the fi nancial angle, prices
are extremely competitive — mainly
because there is a phenomenal
amount of choice out there aimed
at the fi rst-time buyer market. As the
price of lowrise homes skyrockets,
condominiums are a refreshingly
attainable choice as a fi rst home.
As a fi rst-time buyer, you may have
to choose one of the more compact
designs, but remember, you have
wonderful amenities that are an
extension of your living space. For
example, with a fi tness room in the
condo building, you don’t need space
in your suite for exercise equipment.
If you want to entertain a crowd, you
can book the party room or have
Condos: A fi rst-time buyer’s paradise
By Barbara Lawlor
MORE ADVICE ONLINEypnexthome.ca/news/advice
friends over to watch the big game
in the theatre room.
And of course, the federal
government is helping fi rst-time
buyers get into the market by o� ering
the fi rst-time Home Buyers’ Plan
(HBP), which allows you to withdraw
$25,000 — tax free! — from your
RRSPs to put toward a down payment
and other purchase-related costs.
If you’re a couple, you can each use
that amount, for a total of $50,000.
Don’t forget about the fi rst-time
Home Buyers’ Tax Credit (HBTC) of
up to $750 in tax relief.
Remember, the economy and real
estate roll in cycles. Mortgage rates
will rise again, and so will the prices
of condominium suites as labour,
materials and other building costs
increase. If you can buy your fi rst
home now, you have a lot going for
you that may not be available in six
months or a year. Think ahead and
act now!
Barbara Lawlor is president 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-First timer paradise_MC-SB.indd 2 4/15/16 12:25 PM
1
WHEN YOU HIRE A DESIGNER the
space they create for you is, of course,
custom. But the elements in that
room — are they a carefully curated
collection that will work in your space
or are they custom made, just for you?
New Condo Guide caught up
with celebrity designer Yanic Simard,
principal of the award-winning
boutique firm Toronto Interior Design
Group (tidg.ca), to ask him about
custom pieces, and he’s given us some
amazing insight into creating the best
custom essentials for your home.
New Condo Guide: Why custom?
Yanic Simard: My idea of comfort
is living in a space that feels right — a
personal retreat where you end up
at the end of the day, and it just feels
good. Going custom is the best way to
achieve that.
NCG: Custom can be costly. Are
there cost-effective ways to get
custom looks?
YS: Upholstery. Custom upholstering
an entire piece of furniture, such as
an armchair or a sofa, can quickly add
up. But focusing on something simple,
like the seats of dining chairs, can be a
small investment with a big payoff.
This approach also gives you the
opportunity to create a lot of looks
that you are unlikely to find in a store,
such as matching your drapery to a
chair back for a statement that says
“custom,” loud and clear. This also
provides an opportunity to use a small
amount of high-end fabric for accents
and apply a plainer and more durable
material to high-impact areas, such as
the seat, for the best of both worlds
(and a balanced budget).
NCG: Are there areas where you more strongly recommend going the
custom route?
YS: Drapery. As with upholstery, custom draperies can require investing
in materials and labour. However, a custom drapery treatment is by far
the best way to achieve an elegant look, especially for windows of an
unusual size or walls that do not perfectly suit a pre-made panel. This is
why custom drapery is generally considered worth the investment.
In many cases it is possible to extend a ready-made panel instead of
starting from scratch. In much less time than it takes to make a panel
from scratch, a seamstress (or skilled DIYer) can cut the bottom of
a packaged curtain and attach a panel of a second fabric, creating a
perfect length, colour-block statement without the full price tag.
NCG: Do you recommend customizing pieces of furniture?
YS: Creating a custom piece of furniture for a client is many designers’
dream, but it can sound more like a nightmare for homeowners. The
cost, time, imagination and decisions required can make choosing a
custom piece seem overwhelming compared to simply dropping by a
store and walking away with a new find.
Inspiration | Q&A
YANIC SIMARD ON
CREATING CUSTOMBy Elisa Krovblit | Photos Brandon Barre
041-042 Insp Yanic Simard-custom elements-SB-JM-5.indd 2 4/15/16 12:25 PMTCG 04-23-16 master.indd 40 2016-04-15 4:33 PM
APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 41 40 YPNEXTHOME.CA
Advice | CONDO PRO
I’VE BEEN INVOLVED in the new-
condo industry for years, and I have
never seen conditions as favourable
for fi rst-time buyers as they are
right now.
Anyone thinking about taking this
major step should seriously consider
buying soon for a multitude of
reasons. For one thing, it’s absolutely
incredible that interest rates have
stayed so low for so long. Whatever
age people are when they enter the
market today, they’re getting rates far
lower than what their parents had.
And when you consider the length
of time it takes to pay o� a mortgage
and the amount of interest you pay
during that time, every percentage
point — or even fraction of a point —
lower represents many thousands of
dollars saved in the long run.
Also on the fi nancial angle, prices
are extremely competitive — mainly
because there is a phenomenal
amount of choice out there aimed
at the fi rst-time buyer market. As the
price of lowrise homes skyrockets,
condominiums are a refreshingly
attainable choice as a fi rst home.
As a fi rst-time buyer, you may have
to choose one of the more compact
designs, but remember, you have
wonderful amenities that are an
extension of your living space. For
example, with a fi tness room in the
condo building, you don’t need space
in your suite for exercise equipment.
If you want to entertain a crowd, you
can book the party room or have
Condos: A fi rst-time buyer’s paradise
By Barbara Lawlor
MORE ADVICE ONLINEypnexthome.ca/news/advice
friends over to watch the big game
in the theatre room.
And of course, the federal
government is helping fi rst-time
buyers get into the market by o� ering
the fi rst-time Home Buyers’ Plan
(HBP), which allows you to withdraw
$25,000 — tax free! — from your
RRSPs to put toward a down payment
and other purchase-related costs.
If you’re a couple, you can each use
that amount, for a total of $50,000.
Don’t forget about the fi rst-time
Home Buyers’ Tax Credit (HBTC) of
up to $750 in tax relief.
Remember, the economy and real
estate roll in cycles. Mortgage rates
will rise again, and so will the prices
of condominium suites as labour,
materials and other building costs
increase. If you can buy your fi rst
home now, you have a lot going for
you that may not be available in six
months or a year. Think ahead and
act now!
Barbara Lawlor is president 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-First timer paradise_MC-SB.indd 2 4/15/16 12:25 PM
1
WHEN YOU HIRE A DESIGNER the
space they create for you is, of course,
custom. But the elements in that
room — are they a carefully curated
collection that will work in your space
or are they custom made, just for you?
New Condo Guide caught up
with celebrity designer Yanic Simard,
principal of the award-winning
boutique firm Toronto Interior Design
Group (tidg.ca), to ask him about
custom pieces, and he’s given us some
amazing insight into creating the best
custom essentials for your home.
New Condo Guide: Why custom?
Yanic Simard: My idea of comfort
is living in a space that feels right — a
personal retreat where you end up
at the end of the day, and it just feels
good. Going custom is the best way to
achieve that.
NCG: Custom can be costly. Are
there cost-effective ways to get
custom looks?
YS: Upholstery. Custom upholstering
an entire piece of furniture, such as
an armchair or a sofa, can quickly add
up. But focusing on something simple,
like the seats of dining chairs, can be a
small investment with a big payoff.
This approach also gives you the
opportunity to create a lot of looks
that you are unlikely to find in a store,
such as matching your drapery to a
chair back for a statement that says
“custom,” loud and clear. This also
provides an opportunity to use a small
amount of high-end fabric for accents
and apply a plainer and more durable
material to high-impact areas, such as
the seat, for the best of both worlds
(and a balanced budget).
NCG: Are there areas where you more strongly recommend going the
custom route?
YS: Drapery. As with upholstery, custom draperies can require investing
in materials and labour. However, a custom drapery treatment is by far
the best way to achieve an elegant look, especially for windows of an
unusual size or walls that do not perfectly suit a pre-made panel. This is
why custom drapery is generally considered worth the investment.
In many cases it is possible to extend a ready-made panel instead of
starting from scratch. In much less time than it takes to make a panel
from scratch, a seamstress (or skilled DIYer) can cut the bottom of
a packaged curtain and attach a panel of a second fabric, creating a
perfect length, colour-block statement without the full price tag.
NCG: Do you recommend customizing pieces of furniture?
YS: Creating a custom piece of furniture for a client is many designers’
dream, but it can sound more like a nightmare for homeowners. The
cost, time, imagination and decisions required can make choosing a
custom piece seem overwhelming compared to simply dropping by a
store and walking away with a new find.
Inspiration | Q&A
YANIC SIMARD ON
CREATING CUSTOMBy Elisa Krovblit | Photos Brandon Barre
041-042 Insp Yanic Simard-custom elements-SB-JM-5.indd 2 4/15/16 12:25 PMTCG 04-23-16 master.indd 41 2016-04-15 4:33 PM
APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 43 42 YPNEXTHOME.CA
NCG: Are there any design issues that are more easily
overcome with custom options, where you tend to prefer
custom?
YS: Mirrors for the bathroom. Custom inset mirrors solve
a lot of issues in bathroom design. They expand a space
visually, and they also replace a large area of tile, allowing a
seamless, fully tiled look without requiring as much material
to be purchased. When you use a mirror wall to wall or fl oor
to ceiling — and skip the frame cost — you’ll save even more
while getting a perfectly polished look.
It’s a good idea especially in a compact bathroom, letting
you splurge on a smaller amount of must-have stone and
doubling the look of it.
NCG: What are some of the current trends in
customization?
YS: There’s a big trend to upcycle, so if what you have is in
good condition, customizing the fi nish is becoming a popular
option. Beautiful, colourful cabinetry can be rare, especially
in the exact hue of your choice. In fact, you’re more likely to
fi nd a dated or drab shade if you’re living in an older home.
If the existing units are in good condition, having the fronts
sprayed with a new fi nish can be very reasonable in price
compared to a full replacement.
The same can be said for salvaged vanities. Whether your
look is eclectic, traditional, modern or rustic, a salvaged
furniture piece used as a vanity can make for an excellent
twist in any bathroom. A simple coat of paint (or just a sealant
to keep worn-in character as is), a few cuts and a basic block
vessel sink can transform nearly any furniture piece into a
bathroom vanity. You can also try adding a solid slab to create
a more traditional countertop, or take an inexpensive cabinet
frame and replace just the doors to achieve a unique look
while still providing plenty of closed storage.
NCG: Are there any customizations that are particularly
infl uenced by the client?
YS: Art — this is defi nitely one element that needs to speak
to the client on another level. In a Miami condo space I
recently designed, I wanted to bring a sense of South Beach
artistic fl air without letting it swallow the budget. I found
high-resolution images created by a local artist online
and had them printed directly onto acrylic. If you want to
customize art for yourself, ask a local printer what materials
they can print on, and try something fun, like canvas, cloth,
parchment, plastic or even wood. The result will be unique
art pieces with a true artistic story, but without the art auction
price.
And of course, there are also many good reasons to buy a
one-of-a-kind original piece of art from your local gallery.
Sometimes just a little change goes a beautifully long way.
041-042 Insp Yanic Simard-custom elements-SB-JM-5.indd 3 4/15/16 12:25 PMTCG 04-23-16 master.indd 42 2016-04-15 4:33 PM
MOUNTROYAL PARK
Two Bedroomfrom the low$400s
EXCLUSIVE LISTING: BAKER REAL ESTATE INCORPORATED BROKERAGE. † 5% due in 30 days, 5% due in 120 days and the remaining 10% is due on interim occupancy. Offer limited to qualified Fifth on the Park purchasers only. † † Ask sales representative for details. Incentives and offers are subject to change and may bewithdrawn at any time without notice. Offers and incentives may not be combined with any other offers or incentives. Views are subject to change without notice. The developer make no representation and provides no guarantees of the existence of any view and image does not contain any condition at present, or in the future,which may impede or obstruct in view. Block B will have 3 proposed towers within this phase. This plan is not to scale and is subject to architectural review and revision. The purchaser acknowledges that the actual unit purchased may be a reverse layout to the plan shown. All materials, specifications, details and dimensions, ifany, are approximate and subject to change without notice in order to comply with building site conditions and municipal, structural, vendor and/or architectural requirements. Actual living areas may vary from floor area stated. Floor area has been measured and may vary in accordance with Bulletin #22 published by the TarionWarranty Corporation. Tile pattern may vary. Bulkheads are not shown on this plan and may be located in areas of the Unit as required to provide venting and mechanical systems. Balconies, Terraces and Patios, if any, are exclusive use common elements shown for display purposes only and location and size are subject to changewithout notice. Window location, size and type may vary without notice. The length, width and directional position of the flooring are for illustration purposes only and may vary without notice. Illustration is artist concept. All prices, sizes and specifications are subject to change without notice. E.&O.E. Brokers Protected.
Fifth onthePark.caVisit our Presentation Centre directly across from Fairview Mall on Sheppard Avenue
Mon -Thurs 11-6 pm :: Saturday & Sunday 12-5 pm For more information, call 416.492.0001
dw
f
Master Bedroom9’9” x 11’0”
w/d
LargeWraparound
Balcony179 sq.ft.
Dining11’0” x 13’3”
Living13’3” x 10’0”
optional Bedroom 29’3” x 9’0”
Buy with 10% Down† plus Receive $10,000 Credit††
Special Limited Offer for up to 10 Suites
N O W U N D E R C O N S T R U C T I O N I N N O R T H Y O R KWALKING DISTANCE TO DON MILLS SUBWAY STATION AND FAIRVIEW MALL
Our Suiteof the
Month
Fifth_CG_26Mar2016APPROVEDup:Layout 1 2016-04-15 4:48 PM Page 1
APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 43
043-ELAD-Fifth 04-23-16.indd 43 2016-04-15 7:40 PM
7 storey building adjacent to conservation lands, 700 sq. ft. to
1,900 sq. ft. all with balconies or terraces
$300’s Luxury Condominium
Residences from the high
royalpinecondos.com* By registering you will become eligible for this special promotional o er, providing you purchase a unit by June 30th, 2016. Limited time only.
Prices and specifi cations are subject to change without notice. E. & O.E. Rendering is artist’s concept.
GRAND OPENINGSATURDAY, APRIL 30TH 2016 • 11:00AM SHARP!
A Crowning Achievement Comes
To Stou� ville
Register NowFor Special Promotion to earn 5% interest on your deposits*
STOUFFVILLE
ROYA-HAM-A-AD-CONDOGUIDE-APR11-4.indd 1 4/14/16 11:55 AM044-RoyalPine_Hampton 04-23-16.indd 44 2016-04-15 10:53 AM
APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 45
045-GreatGulf-Corp 04-09-16.indd 45 2016-04-15 1:36 PM
APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 47 46 YPNEXTHOME.CA
ON WEDNESDAY APRIL 13, international
real estate fi rms Hines and Tridel
announced that Danish fi rm 3XN will
be the design architect of the third
phase of their Bayside neighbourhood
development. An interesting selection
process to say the least, Hines
and Tridel held an international
competition to determine the best
possible architect for the next
phase, which will complete the
transformation of the 13-acre mixed-
use development site located south of
Queens Quay, between Sherbourne
Common and the Parliament Slip.
3XN’s proposed condominium
design will be the next residential
phase developed by Hines and Tridel
at Bayside Toronto. This follows
the successful launch of Aqualina
and Aquavista in 2013 and 2014
respectively, which were designed
by Miami-based architecture fi rm
Arquitectonica.
Kim Herforth Nielson, 3XN principal
and senior partner, spoke alongside
Michael Gross, Hines Bayside program
director, and Andrew DelZotto, Tridel
executive, to give some insight about
their spacious, green-centric design
proposal that sees the upcoming
Bayside neighbourhood using mixed
space like no other in the GTA.
Based on the three preliminary
renderings, it’s evident why Tridel and
Hines selected the Danish design fi rm
to steer this project to completion.
Nielsen explains that “The design
puts people fi rst, paying particular
attention to the quality of views,
space and lifestyle. The development
will command extraordinary views
of the water, neighbouring parks, and
the city skyline.” One of the most
appealing aspects of this upcoming
project is Nielsen’s infl uence that
places a heavy emphasis on the
importance of community.
Trending
When explaining the proposed shape of the building Nielsen noted that
“While the stepped L-shape form provides a sculptural quality to the building,
the large garden terraces are the hallmark of the design.”
Michael Gross explains that 3XN’s proposal containing the uniquely
stacked units was “one that understood the site’s importance to the City
and the revitalization of the waterfront; the singular opportunities created
by its location along the water’s edge; and the market demands of Toronto’s
sophisticated condominium consumer.”
Tridel selects 3XN to design new phase of Bayside Toronto By Brandon Bastaldo
MORE TRENDING ONLINEypnexthome.ca/news
046 TR Tridel - Bayside Toronto_MC.indd 2 4/15/16 3:37 PMTCG 04-23-16 master.indd 46 2016-04-15 4:33 PM
Creative PartnerTo Benefit Media Sponsors
• Open Bar and Passed Hors d’Oeuvres• Three Course Seated Dinner• 32 Featured Guests from Toronto’s Arts & Culture Scene
MAY 25, 2016ARTSCAPE WYCHWOOD BARNS601 CHRISTIE STREET
Presented by:
A dinner to benefit creative placemaking
The Fifth Annual
CONNECT WITH CREATIVITY. TICKETS AT ARTSCAPESALON.CA
APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 47
047-Rockport-Artscape 04-09-16.indd 47 2016-04-15 10:53 AM
APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 49 48 YPNEXTHOME.CA
Trending
PM Justin Trudeau’s Budget 2016 Report CardBy Wayne Karl
Prime Minister Justin Trudeau unveiled Budget 2016 on March 22 — his inaugural budget — so New Condo Guide took a closer look at it from the housing perspective.
Economy & job creation
Though perhaps not specifi cally related
to housing, everything evolves around
the economy and jobs. After all, a strong
economy begets job and wage growth,
which begets consumer confi dence
and the ability to rent or buy — to live.
What was promised:
To get the economy growing again,
Trudeau said we need to immediately
invest in helping our businesses and
entrepreneurs — including those
in manufacturing — become more
innovative, competitive and successful.
What was delivered:
Something equally ambiguous.
Budget 2016 “puts people fi rst,”
directing billions toward helping
the middle class and those less
fortunate, with the idea that this will
boost economic growth. The hope is
that more than 100,000 jobs will be
created and the economy will grow
by an additional one per cent over
existing predictions.
The government acknowledges
that economic challenges persist in
oil and commodities, and is extending
employment insurance benefi ts in the
hardest hit regions, such as Alberta
and Saskatchewan.
Infrastructure spending
Leading up to the budget,
speculation was that where would be
less than what was promised during
last fall’s election campaign, and the
focus would be on repairs instead of
capital projects.
What was promised:
To invest in public transit to shorten
commute times, cut air pollution,
strengthen our communities
and grow our economy.
“Over the next decade, we
will quadruple federal investment
in public transit, investing almost
$20 billion more in transit
infrastructure.”
What was delivered:
Phase one of the government’s
infrastructure plan proposes to
provide $11.9 billion over fi ve years,
beginning immediately:
» $3.4 billion over three years to
upgrade and improve public
transit systems across Canada;
» $5 billion over fi ve years for
investments in water, wastewater
and green infrastructure projects
across Canada; and
» $3.4 billion over fi ve years for
social infrastructure, including
a� ordable housing, early learning
and child care, cultural and
recreational infrastructure, and
community health care facilities
on reserve.
Home Buyers’ Plan (HBP)
The plan as it stands now allows fi rst-
time buyers to withdraw up to $25,000
from their RRSP to put toward a down
payment on a home. They have up to
15 years to repay the funds.
What was promised:
To modernize the existing HBP to
allow Canadians impacted by sudden
and signifi cant life changes to buy a
house without tax penalty. Trudeau
said this will ease the burden on
Canadians facing job relocation, the
death of a spouse, marital breakdown
or a decision to accommodate an
elderly family member.
…continued on page 50
048_050 TR Budget 2016_MC-TL-WK.-JMindd.indd 2 4/15/16 12:25 PMTCG 04-23-16 master.indd 48 2016-04-15 4:33 PM
NEW IDEAS IN HOME OWNERSHIPWhat life needs...
You’ve got to see it to believe it. Stunning interior design and so many reasons for you to own a new condo at Southside. There’s a wide range of suite layouts, spectacular amenities and more. All just steps to the Wilson Subway and minutes to York University and Yorkdale shopping. Priced from the $190’s.
Exclusive Listing: Cornerstone Marketing Realty Inc., Brokerage. Brokers Protected. Prices and specifications are subject to change without notice. E. & O.E. Illustrations are artist’s impressions.
416.703.2202SOUTHSIDECONDOS.CA
WILSON AVE
AL
LE
N R
D
HWY. 401
YORKDALE SUBWAY
WILSONSUBWAY
SOUTHSIDE9 TIPPETT RD
Sales Centre Hours: Monday to Thursday 12-6pmClosed Fridays, Saturday & Sunday 12-5pm
VISIT OUR DESIGNER DECORATED MODEL SUITE AND SALES CENTRE AT 9 TIPPETT RD. JUST SOUTH OF WILSON AVE.
SOUTH OF GRAMERCY PARK, IN THE YORKDALE COMMUNITY.SUITES FROM THE $190’S.
Now Open
!
16-0300_SOUTHSIDE_NOW-OPEN_CONDOGUIDE_APR23_V3.pdf 1 16-04-15 1:43 PM
APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 49
049-Malibu-Southside 04-23-16.indd 49 2016-04-15 3:59 PM
APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 51 50 YPNEXTHOME.CA
SEE THE INFOGRAPHIC ONLINEypnexthome.ca/budget-2016
Report cardNew Condo Guide grades the prime minister’s
inaugural budget, from a housing perspective
Economy and job creationB = Progressing well
InfrastructureB- = Satisfactory
Home Buyers’ PlanC = Needs improvement
Rental/a� ordable housingB = Progressing Well
Housing policyB- = Satisfactory
$2.3 billion over two years, starting
in 2016-17. Of this amount, $2.2
billion refl ects the government’s
commitment to invest in social
infrastructure, including $739 million
for First Nations, Inuit and northern
housing. A signifi cant portion of
the $2.3 billion will be allocated to
provinces and territories, which can
identify communities where the need
for a� ordable housing is greatest.
To encourage the construction
of a� ordable rental housing,
Budget 2016 proposes to invest
$208.3 million over fi ve years,
starting in 2016-17, in an A� ordable
Rental Housing Innovation Fund
administered by Canada Mortgage
and Housing Corp. (CMHC).
Funding would be used to test
innovative business approaches
— such as housing models with a
mix of rental and homeownership
— to lower the costs and risks
of fi nancing a� ordable rental
housing projects. The investment
is expected to support the
construction of up to 4,000 new
a� ordable housing rental units over
fi ve years.
CMHC is also to consult with
stakeholders on an A� ordable
Rental Housing Financing Initiative
to provide low-cost loans to
municipalities and housing
developers to build new a� ordable
rental housing projects. Up to $500
million in loans would be available
each year for fi ve years, supporting
the construction of more than
10,000 new rental units over this
period.
Housing policy
What was promised:
To direct CMHC and the new
Canada Infrastructure Bank to
provide fi nancing to support the
construction of new, a� ordable
rental housing for middle- and
low-income Canadians.
To review escalating home
prices in high-priced markets such
as Toronto and Vancouver, and
consider policy tools that could
keep homeownership within reach
for more Canadians.
What was delivered:
Budget 2016 proposes to address
this data gap by allocating $500,000
to Statistics Canada in 2016-17 to
gather data on Canadian housing
purchases by foreign buyers. This
could involve collaboration with
the provinces, such as B.C., which
recently announced its intention to
have homebuyers disclose whether
they are citizens or permanent
residents of Canada or another
country.
Trudeau also promised to consult
with the provinces and territories,
Indigenous and other communities,
and key stakeholders this year to
develop a National Housing Strategy.
What was delivered:
Nothing. Any update or revision to
the HBP is nowhere to be found in
Budget 2016. Through other measures,
however, it is clear he’s keeping an
eye on the housing market, which is
increasingly important given economic
and a� ordability challenges in some
areas.
Rental/a� ordable housing
What was promised:
To encourage the construction of
new rental housing by removing all
GST on new capital investments in
a� ordable rental housing. This will
provide an estimated $125 million per
year in tax incentives to increase and
renovate the supply of rental housing.
What was delivered:
Budget 2016 proposes to invest
…continued from page 48
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APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 53 52 YPNEXTHOME.CA
dining area, and barbecue terrace.
An inviting sense of place is created
by Emerald City’s iconic public art
component by renowned Canadian
novelist and visual artist Douglas
Coupland — brightly coloured
massive cones and seven smaller
cylinders.
The condominium will rise to
approximately 24 storeys from a
currently planned three-storey
podium that will house retail venues
on the ground fl oor. Residents will
appreciate the amenities within the
building, starting with a modern lobby
with concierge service and a WiFi
lounge. They will also have access
to other amenities shared with The
Colours of Emerald City, such as an
indoor pool, hot tub, his and hers
change rooms and saunas, yoga
room, fi tness room, karaoke and
theatre room, arcade/games centre,
lounge and dining room with fully-
equipped kitchen and an outdoor
patio and dining area, plus a barbecue
LocationSheppard Ave. E. & Don Mills Rd.
BuilderElad Canada
DevelopmentFifth on the Park
Home TypeTwo-bedroom condo units (April’s suite of the month)
Sales CentreSheppard Ave., east of Don Mills Rd.
Contact416.492.0001emeraldcitylife.ca
terrace.
Be one of the lucky purchasers of the Mount Royal and save big — but
hurry while there is still time.
The Emerald City presentation centre, with its model section showcasing
many of the wonderful standard features in the suites, is located on
Sheppard Avenue, just east of Don Mills Road, across from Fairview Mall.
For hours and more information, call 416.492.0001 or visit emeraldcitylife.ca.
052-053 PP 5th on the park - emerald city_MC-JM.indd 3 4/15/16 12:26 PM
Property Profile | ELAD CANADA
RUN, DON’T WALK, to Fifth on
the Park in Emerald City to take
advantage of a limited-time offer
on the approximately 772-sq.-ft.,
two-bedroom Mount Royal suite
design. For a limited time only, the
first 10 units of this suite design sold
will be eligible for purchase with only
10 per cent down (prior to interim
occupancy) for qualified buyers —
plus receive a $10,000 credit on
closing. What a fantastic opportunity
to own one of these suites, which
offer views facing southeast,
displaying green spaces from a
generous balcony and expansive
windows. In fact, the Mount Royal’s
L-shaped open-concept main living
area is bathed in natural light from
windows on two sides and features
direct balcony access.
With the kitchen, dining and
living room spaces open to each
other, the suites provide a perfect
setting for entertaining. Situated
on opposite sides of the suite for
enhanced privacy, the master and
second bedrooms are also bright and
airy, with light coming in from large
windows. The main bath is centrally
located for convenience, and the
second bathroom and laundry closet
are located at the entry. The Mount
Royal is perfect for singles, couples
and families. Prices for this suite start
from the low $400s.
Of course, Fifth on the Park’s
location within Emerald City
adds value to every suite in the
condominium. The fifth condo in this
vibrant master-planned community
at Sheppard Avenue East and Don
Mills Road is close to the Don Mills
subway station, fabulous Fairview
Mall, and steps to the Parkway Forest
Community Centre. The centre
offers a rooftop garden, gymnasium,
YMCA-run daycare, outdoor patio and
Fifth on the Park Choose April’s suite of the month and save!
052-053 PP 5th on the park - emerald city_MC-JM.indd 2 4/15/16 12:26 PMTCG 04-23-16 master.indd 52 2016-04-15 4:33 PM
APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 53 52 YPNEXTHOME.CA
dining area, and barbecue terrace.
An inviting sense of place is created
by Emerald City’s iconic public art
component by renowned Canadian
novelist and visual artist Douglas
Coupland — brightly coloured
massive cones and seven smaller
cylinders.
The condominium will rise to
approximately 24 storeys from a
currently planned three-storey
podium that will house retail venues
on the ground fl oor. Residents will
appreciate the amenities within the
building, starting with a modern lobby
with concierge service and a WiFi
lounge. They will also have access
to other amenities shared with The
Colours of Emerald City, such as an
indoor pool, hot tub, his and hers
change rooms and saunas, yoga
room, fi tness room, karaoke and
theatre room, arcade/games centre,
lounge and dining room with fully-
equipped kitchen and an outdoor
patio and dining area, plus a barbecue
LocationSheppard Ave. E. & Don Mills Rd.
BuilderElad Canada
DevelopmentFifth on the Park
Home TypeTwo-bedroom condo units (April’s suite of the month)
Sales CentreSheppard Ave., east of Don Mills Rd.
Contact416.492.0001emeraldcitylife.ca
terrace.
Be one of the lucky purchasers of the Mount Royal and save big — but
hurry while there is still time.
The Emerald City presentation centre, with its model section showcasing
many of the wonderful standard features in the suites, is located on
Sheppard Avenue, just east of Don Mills Road, across from Fairview Mall.
For hours and more information, call 416.492.0001 or visit emeraldcitylife.ca.
052-053 PP 5th on the park - emerald city_MC-JM.indd 3 4/15/16 12:26 PM
Property Profile | ELAD CANADA
RUN, DON’T WALK, to Fifth on
the Park in Emerald City to take
advantage of a limited-time offer
on the approximately 772-sq.-ft.,
two-bedroom Mount Royal suite
design. For a limited time only, the
first 10 units of this suite design sold
will be eligible for purchase with only
10 per cent down (prior to interim
occupancy) for qualified buyers —
plus receive a $10,000 credit on
closing. What a fantastic opportunity
to own one of these suites, which
offer views facing southeast,
displaying green spaces from a
generous balcony and expansive
windows. In fact, the Mount Royal’s
L-shaped open-concept main living
area is bathed in natural light from
windows on two sides and features
direct balcony access.
With the kitchen, dining and
living room spaces open to each
other, the suites provide a perfect
setting for entertaining. Situated
on opposite sides of the suite for
enhanced privacy, the master and
second bedrooms are also bright and
airy, with light coming in from large
windows. The main bath is centrally
located for convenience, and the
second bathroom and laundry closet
are located at the entry. The Mount
Royal is perfect for singles, couples
and families. Prices for this suite start
from the low $400s.
Of course, Fifth on the Park’s
location within Emerald City
adds value to every suite in the
condominium. The fifth condo in this
vibrant master-planned community
at Sheppard Avenue East and Don
Mills Road is close to the Don Mills
subway station, fabulous Fairview
Mall, and steps to the Parkway Forest
Community Centre. The centre
offers a rooftop garden, gymnasium,
YMCA-run daycare, outdoor patio and
Fifth on the Park Choose April’s suite of the month and save!
052-053 PP 5th on the park - emerald city_MC-JM.indd 2 4/15/16 12:26 PMTCG 04-23-16 master.indd 53 2016-04-15 4:33 PM
416-813-0999TheLakeShoreCondo.ca
A COMBINATION RARELY OFFERED.AN ICON RARELY SEEN.
Located on the northeast corner of Lake Shore Blvd. and Bathurst St. in downtown Toronto, rising majestically above an iconic structure, The LakeShore will be one-of-a-kind. Exceptional lake and city views. 50,000 sq. ft. Loblaws flagship supermarket, 11,000 sq. ft. restaurant, and 88,000 sq. ft. of additional retail. Refined suite design. Inspired features and finishes and a compendium of life, health, and fitness amenities like none other. This is The LakeShore. Life in full.
Visit TheLakeShoreCondo.ca.
54 YPNEXTHOME.CA
054-055-Concord-Lakeshore 11-07-15.indd 54 2016-04-15 1:36 PM
416-813-0999TheLakeShoreCondo.ca
A COMBINATION RARELY OFFERED.AN ICON RARELY SEEN.
Located on the northeast corner of Lake Shore Blvd. and Bathurst St. in downtown Toronto, rising majestically above an iconic structure, The LakeShore will be one-of-a-kind. Exceptional lake and city views. 50,000 sq. ft. Loblaws flagship supermarket, 11,000 sq. ft. restaurant, and 88,000 sq. ft. of additional retail. Refined suite design. Inspired features and finishes and a compendium of life, health, and fitness amenities like none other. This is The LakeShore. Life in full.
Visit TheLakeShoreCondo.ca.
APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 55
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APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 57 56 YPNEXTHOME.CA
Inspiration
MORE TRENDING ONLINEypnexthome.ca/news/inspiration
Shaping up to be one of 2016’s hottest trends, white on white is clean and elegant. Interest comes from combining pattern, textiles, objects and texture. It’s whimsical, sophisticated and fi lls the space with personality.
By Elisa Krovblit
LIGHT & WHITE
Stockholm sofa, Röstånga white
$999ikea.ca
Acrylic and chrome bar cart $499homesense.ca
Klere bookcase$899eq3.com
Memphis white rug$399-$1,999crateandbarrel.ca
White hashtag$5.50
chapters.indigo.ca
056 white on white_MC-SB-JM.indd 2 4/15/16 12:26 PMTCG 04-23-16 master.indd 56 2016-04-15 4:33 PM
Exclusive Listing: Brad J. Lamb Realty Inc., Real Estate Brokerage. Brokers Protected. *Based on a promotional discount of the current purchase price of the suite. Renderings are an artist’s impression. All prices, sizes and specifications are subject to change without notice. E.&O.E.
DEVELOPED BY EXCLUSIVE BROKER
RICHMOND ST. E.
ADELAIDE ST. E.
ON
TARIO
ST.
BERKELEY ST.
PARLIA
MEN
T ST.
VISIT OUR SALES CENTRE + MODEL SUITE53 ONTARIO ST. (AT RICHMOND ST. E.)MON- WED 12-6PM THURS 3-8PM SAT + SUN 12-5PM
EAST55CONDOS.COM 416.861.9559
UP TO$32,000 OFF PRICESONE, TWO & THREE BEDROOM SUITES FROM $289,900
SPECTACULAR MODERN RESIDENCES ON DOWNTOWN’S LOWER EAST SIDE
*
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APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 57
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058-VanDyk-Backyard 03-26-16.indd 58 2016-04-15 1:36 PM
PRESENTATION CENTRELocated at 452 Richmond St. W., TorontoCall 416.214.9900 or visit jamestoronto.ca
PRESENTATION CENTRE HOURSMON - WED: 12-6 PM THURS: 3-8 PM SAT & SUN: 12-5 PM
QUEEN ST. W
ADELAIDE ST. W
SP
AD
INA
AV
E.
RICHMOND ST. W
QUEEN ST. W
ADELAIDE ST. W
SP
AD
INA
AV
E.
RICHMOND ST. W
QUEEN ST. W
ADELAIDE ST. W
RICHMOND ST. W
SP
AD
INA
AV
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DEVELOPED BY EXCLUSIVE BROKER
LOFT STYLE RESIDENCESSPECIAL SPRING PRICING $25,000 OFF PRICES*
ONE & TWO BEDROOMS FROM $307,900
LIVE IN A
UPTO
Exclusive Listing: Brad J. Lamb Realty Inc., Real Estate Brokerage. Brokers Protected. *Based on a promotional discount of the current purchase price of the suite. Renderings are an artist’s impression. All prices, sizes and specifications are subject to change without notice. E.&O.E. APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 59
059-BradLamb-James 04-09-16.indd 59 2016-04-15 10:53 AM
adria vasilpure body
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healthy u
dr. martie gidonskin deep
rose reismane-chef
leslie beckb.well
owen reevesgarden variety
carson arthurtake it outside
jamie & glendesign diaries
hellen buttigiegorder in the house
sharon grechliving with colour
monthly podcast series – featuring your favourite in-the-know lifestyle experts
FOCALPOINT e-NEWS!
sandra rinomatorealty savvy
subscribe online today – new podcasts every month + fabulous free contests!
s t u d i o t o u r o n l i n e . c o m
060-Focalpoint 04-23-16.indd 60 2016-04-15 10:53 AM
Top of its class
CONDOMINIUM RESIDENCESAT AVENUE ROAD
NORTH OF ST. CLAIR
FROM THE HIGH $300’S TO OVER $2.5 MILLION*
REGISTER NOW
609AVENUE.COM
*Prices and specifi cations are subject to change without notice. Rendering is artist’s concept. E. & O. E. Exclusive Listing Brokerage: Milborne Real Estate Incorporated. Brokers Protected.Upper Canada College
LIVE STEPS AWAY FROM
SOME OF TORONTO’S BEST
PRIVATE SCHOOLS
Thoughtfully designed, effi cient suite layouts with oversized balconies/
terraces and extra bathrooms distinguish 609 Avenue Road from other
developments. This is your opportunity to live amongst the City’s most
prestigious neighbourhoods – Forest Hill and Deer Park. You will be
steps away from Upper Canada College and Bishop Strachan, as well as
the many shops and cafes that the area has to offer.
View our spectacular designer furnished
MODEL SUITE today!
STAT-609-A-AD-CONDOGUIDE-MAR30-1.indd 1 3/30/16 12:28 PM061-Madison-609Avenue 04-09-16.indd 61 2016-04-15 10:53 AM
APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 63 62 YPNEXTHOME.CA
Advice | LOCATION ADVICE
PEOPLE OFTEN SAY to me that
‘location, location, location’ is
the key to a successful real estate
development. I couldn’t agree
more. A prime location is the most
important factor when it comes to
condo investment, because you can
always remodel or alter your unit,
but you cannot move it. You are
committed to the area in which you
have purchased.
Be sure to look at location from
several angles such as your work
commute. Investigate your options.
Do you have access to major
highways and public transit? First-
time buyers who stretch their budgets
to a� ord a down payment may be
able to get around e ciently without
owning a vehicle, which is a major
money saver. Once you seriously
consider a location, try your work
commute during rush hour. Is it
reasonable?
With the growing number of
families purchasing condominiums
today, proximity to schools, shopping,
medical facilities and entertainment
venues will be important. The point
is, consider location in the context
of your lifestyle. Nowadays, you have
the advantage of being able to check
the area’s Walk Score — key in an
address you are considering and fi nd
out what amenities are within walking
distance. This is a huge advantage
when narrowing down your search
for a new home.
Canadian Real Estate Watch
recently summarized the three key
The importance of location when buying real estate
By Steve Gupta
MORE ADVICE ONLINEypnexthome.ca/news/advice
factors you should look for in real
estate investment, whether you are
buying a unit and living in it or buying
a unit as an investment and renting it
for income. Consider these factors:
1. Access: The location must have
public transit and be easily accessible
to anyone.
2. Are retailers investing in the
location? If major national chains
are investing in your neighbourhood,
that’s a good sign.
3. Is public infrastructure being
redeveloped? A healthy and vibrant
‘not-left-behind’ neighbourhood is a
strong indicator of a good investment.
All of these factors are strong
fundamentals that infl uenced
the locations for my recent
developments. For example, The
Rosedale on Bloor (at Sherbourne)
will be next door to the TTC, close
to the Don Valley Parkway and
world-renowned retailers. Yonge
Park Plaza o ce condominiums at
Yonge and York Mills is in a dynamic
neighbourhood that has a one-
million-plus population within a
10-km radius, and o� ers direct TTC
subway tunnel access from within
the building. Steps to TTC transit
and the underground PATH system,
Dundas Square Gardens at Dundas
and Jarvis streets is adjacent to
Ryerson University and George Brown
College’s King Street campus.
When it comes to quality of life
and return on investment, location
continues to be of prime importance,
certainly for purchasers, but also for
developers. Land is a non-renewable
resource, and as it becomes scarcer,
developers have to be mindful when
selecting a new site to develop.
Dr. Steve Gupta is the chairman and CEO of The Gupta Group and president and CEO of Easton’s Group of Hotels. He recently received his Doctor of Laws (honoris causa) from Ryerson University. For more information, visit eastonsgroup.com.
062 Advice_Steve Gupta_The importance of location_MC-JM.indd 2 4/15/16 12:26 PMTCG 04-23-16 master.indd 62 2016-04-15 4:33 PM
REGISTER TODAY
Rendering is an artist’s impression. Prices and specifications are subject to change without notice. E.&O.E.
LOFT-INSPIRED.AND JUST INSPIRED, PERIOD.875 Queen Street East elevates the urban experience along thisdowntown Toronto bustling strip in the heart of Leslieville.
The seven storeys of loft-inspired residence overlooks the livelyQueen Street East and Jimmie Simpson Park. 875 Queen Eastincorporates an organic architectural form as it steps backoffering the natural elements of modern balconies and terraces.ONE- AND TWO-STOREY SUITES FROM THE $300S
FOR MORE INFORMATION, CALL 416.694.8750
Coming to Leslieville This Spring
875Queen.CGad.FINAL1:Layout 1 2016-04-15 5:34 PM Page 1
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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
APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 64
064-YpPromo.indd 64 2016-04-15 3:59 PM
† Offer available for a limited time only - ask sales rep for more details. Rendering is an artist’s impression. Prices and specifications are subject to change without notice. E.&O.E.
oneeleven is designed by award-winning Core Architects with interiors by internationally renowned II BY IV Design Associates, suites feature 9-foot ceilings in all principal rooms, designer european-style
kitchens, engineered hardwood floors, exposed concrete ceilings and floor-to-ceiling windows.
EXCLUSIVE LISTING: BAKER REAL ESTATE INCORPORATED, BROKERAGE. BROKERS PROTECTED.
tour new model suitesmove in this spring
CONDOMINIUMS+LOFTS
sales centre in the lobby at 111 bathurst (at adelaide)oneeleven.ca 647.351.4111
111BathurstCGOpenHouse.FINALOUT:Layout 1 2016-04-15 5:55 PM Page 1
APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 65
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Get your copy now!416.626.4888
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.
TOMAS PEARCE TALKS UPSCALE
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Living Posh in the GTA: Th e homes, the condos, the communities
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Cover photo courtesy of
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BY LIFETIME DEVELOPMENTS
SPRING 2016 | GTA EDITION
LuxuryCover-Spring 2016.indd 1
4/15/16 3:27 PM
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R E L E A S I N G T H I S S P R I N G
T H I S C H A N G E S E V E R Y T H I N G .B A Y V I E W A N D Y O U .
be first in line. register today.TheBennet tcondos .com
Rendering is an artist’s impression. All prices, sizes and specifications are subject to change without notice. E.&O.E.
EXCLUSIVE LISTING BROKERAGE: IN2ITION REALT Y INC.
Location is everything. The Bennett on Bayview offerstransit at your doorstep, 3 minutes to Bayview Village andconvenient access to Hwy 401, 404, 407 and the DVP. Plusabundant green space including Maxome Park surrounds you.condos and family-st yle residencesstarting from the mid $200s
For additional information, call 416.451.5802
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APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 69 68 YPNEXTHOME.CA
Inspiration
AS SOMEONE WHO LIVES IN DOWNTOWN Toronto, I can tell you
firsthand that some of the preconceptions about the Big Smoke
are spot on: it’s smoggy, there’s not a ton of green space and,
sometimes, it can even be a bit suppressing when it comes to
getting that fresh air we all so desperately need.
With the recent influx of condos up in every previously
unoccupied nook and cranny of the city, Torontonians are quickly
losing much of our green space. Despite these eco obstacles,
we can thank crafty humans, Pinterest and the Internet at large
for helping to spread the green love. Urban gardeners and green
thumbs from around the world have united on the Internet to
deliver awesome options and ways for city dwellers to start
wonderful, space-saving urban gardens that provide us with
essential nutrients and fit into tight spaces. Without further ado,
here’s my list of ways to start an urban garden.
Cactus planterIf you’re one of those people who has
trouble keeping plants alive, a cactus
planter is ideal for you. Whether
they’re potted or planted, featuring
a variety of cacti in an urban garden
is the definition of non-committal
beauty. The best part is that if you
forget to water them for a week,
they’ll be just fine!
Hanging clay pot gardenLook up! A hanging clay pot garden
is a great solution for urbanites in
By Brandon Bastaldo
EIGHT WAYS TO START AN URBAN GARDEN
…continued on page 70
068_070 Insp Start an urban garden_MC-JM-SB.indd 2 4/15/16 12:26 PMTCG 04-23-16 master.indd 68 2016-04-15 4:33 PM
Each residence includesThe Urban Yard, anexpansive well articulatedoutdoor space, allowingyou to relax and takerefuge from the hustleand bustle of everydaylife. The Urban Yard is anextension of your livingspace, outfitted with tiled flooring, customdesigned privacy screenand your own gas BBQ. This is The Urban Yard™by Rockport.
Introducing
Life. Lived better.
R E L E A S I N G T H I S S P R I N GLocated in the heart of Leslieville, George is an intimate residence featuring80 suites and 8 modern townhomes. Named for George Leslie, a famoushorticulturalist and one of the founders of this historic community, George is built for design-conscious urbanites with an eye for the outdoors.
O n e B e d r o o m s f r om t h e $ 3 0 0 sF a m i l y - s i z e S u i t e s f r om t h e $ 7 0 0 s
M o d e r n To w n h o m e s f r om t h e $ 9 0 0 s
4 1 6 . 2 2 3 . 0 0 0 3
Register Now GeorgeCondos.ca
Family-size Suites &Large Urban Yards
P L A N T YO U RR O O T S I N
L E S L I E V I L L E
GeorgeCG.FINALnewAPPROVEDrev:Layout 1 2016-04-15 5:16 PM Page 1
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APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 71 70 YPNEXTHOME.CA
Brandon Bastaldo is a digital content editor at YP NextHome. A lover of all things fi lm, arts and culture, Brandon uses his education in fi lm theory and English and his experience as a movie/hip hop
blogger to deliver a fresh twist on digital real estate related content.
need of somewhere to plant their
roots. This type of garden is easy to
assemble and looks great. You can
also make sure that your plants get as
much sunlight as possible by hanging
them in the direction of the sun.
Rustic garden wallSimplistic in its design and easy on
the eyes, a rustic garden wall makes
a great addition to any urban space
that features exposed brick. A garden
like this is relatively low maintenance
and can be used to grow vegetables
as well as delicate fl owers that will
accent your hangout spot.
Staircase garden Small-space dwellers are familiar with
having to come up with ingenious
ways to save space and still get what
they want. A staircase garden is a
great example of taking that attitude
to the next level as this clever planting
system places greenery right under
your feet.
Recycled hanging pop bottle planters The great thing about this concept is
that it addresses two key issues with
one solution. By reusing inexpensive,
two-litre pop bottles and hanging
them on your railings, these planters
allow urban gardeners to save money
and space. You can even decorate
the bottles to jazz them up and make
them fi t in with your decor.
Balcony terrariumLooking for a gardening solution
that adds a little more pizzazz to
the balcony? A balcony terrarium
is great for urban gardeners with
an eye for design and an interest in
growing exotic plants. The beauty of
this design is that because terrariums
trap warm air inside, plants that
would typically not be able to handle
colder climates or adverse weather
conditions are able to live longer.
Earthy rooftop relaxation zoneFor those who are not interested in
tending to fruits and vegetables, but
instead just crave the beauty of the
outdoors, an earthy rooftop relaxation
zone may be just right for you. Most
condos nowadays have rooftop
spaces that off er a great place to
crack a beer and enjoy the sunset.
Wall-mounted herb gardenNo space? No problem! A wall-
mounted herb garden is the perfect
urban garden solution for anyone
living in tight quarters. Using mason
jars as pots is an inexpensive way to
start your own herb collection. With
very little maintenance, set up or
clean up needed, the wall-mounted
herb garden is a sure-fi re way for you
to get your greens.
…continued from page 68
MORE INSPIRATION ONLINEypnexthome.ca/news/inspiration
068_070 Insp Start an urban garden_MC-JM-SB.indd 3 4/15/16 12:27 PMTCG 04-23-16 master.indd 70 2016-04-15 4:33 PM
$300SFROM
THE L
OW
GIVE ME LIBERTY!INDEPENDENT & FREE TO BE ME
REGISTER OR DROP IN TODAY!
Presentation Centre (Liberty Village)80 Lynn Williams Street Toronto
Phone 416.537.0047 Info [email protected]
Hours Mon-Thu 12 noon to 6pm, closed Friday, Weekends & Holidays 12 noon to 5pm
NEW PLAN: NAVI
PHASE ONE:ONLY 3 LEFT!
Hi, I’m Sarah and this is my new home. Now that I’m in Liberty Village, I can explore my interests, and meet like-minded people. And I havea space that’s simply my sanctuary. I love it!
Liberty Village has everything I need to live exactly the way I want. Whether I’m running errands, relaxing at home, or meeting up with friends, my daily life is whatI want it to be. I’m free to be me!
Download the CanAlfa APPliveinliberty.com/app
NEW
* Broker’s Protected. Prices and specifications subject to change without notice. E.&O.E. Rendering is artist’s concept. Apple and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc.
5 BRAND NEW SUITE DESIGNSIN ONE OF TORONTO’S HOTTEST NEIGHBOURHOODS!
71
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APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 73 72 YPNEXTHOME.CA
Advice | MONEY MATTERS
THE HOUSING MARKET has gone
wild with people panting for good
investments opportunities. Slow down
and consider all the angles before you
dive into homeownership.
There’s something about money
Did you see that? The issue has
shifted from “shelter” to “profi t.” That’s
because people believe that a home
is a good investment.
While money is a key consideration,
it shouldn’t be the only consideration.
If you’re going to make the move
from renting to buying, look at the
dollars and cents.
First there’s the straight calculation
that compares the cost of carrying
your own home (your principal and
interest payments and property taxes)
with the cost of renting one.
Renters aren’t responsible for
maintenance. Homebuyers also
need to consider closing costs which
include legal fees, land transfer tax,
and other miscellaneous expenses
that you avoid by renting. First and
last months’ rent is also a ways
smaller than the typical down
payment on a home.
Of course, when you own, no
matter how small the principal
portion of your mortgage is (and it’s
miniscule in the early years), as long
as the market is stable, and you’re
not looking to make a quick sale,
homeowners are building equity and
increasing their net worth with every
mortgage payment. And when you
sell your principal residence one day,
the money earned is tax free.
Owning versus renting
By Gail Vaz-Oxlade
MORE ADVICE ONLINEypnexthome.ca/news/advice
It’s a wonderful life
When I was in my 20s, I lived in a
neighbourhood that was suited to
a single girl hell bent on a good
time. Back then, renting was the
perfect solution: one of limited
responsibilities and commitment.
Renting is virtually a worry-free
existence — assuming you have a
decent landlord.
Homeownership is a responsibility
that also brings a ton of warm, fuzzy
feelings. It means you can put down
roots. You have complete control of
your environment so, yes, you can
paint your living room red.
Location, location
Buying a home in a neighbourhood
you don’t know well is one a
common mistake. If you’re new in
town, consider renting for six months
or a year to get a feel for the area. If
you like living there, you’ll feel more
comfortable buying a home.
Steady as she goes
Your employment prospects should
be stable before you consider buying
a home. Homeownership requires
a number of regular payments —
mortgage, property taxes, utilities,
maintenance and insurance. Missing
any of these payments can trigger
dire consequences.
There are a number of fi nancial
factors to consider when it comes
to buying versus renting. But the
decision involves much more than
just running the numbers. You’ve also
got to look at the emotional rewards
and challenges of each alternative.
I’ve been a renter and I’ve been
an homeowner, and overall I like
ownership more.
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.
While money is a key consideration, it shouldn’t be the only consideration. If you’re going to make the move from renting to buying, look at the dollars and cents.
072 Advice Gail Vaz-Oxlade-Money Matters-Owning vs Renting_MC-VB_L-JM.indd 2 4/15/16 12:27 PMTCG 04-23-16 master.indd 72 2016-04-15 4:33 PM
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74 YPNEXTHOME.CA
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APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 75
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APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 77 76 YPNEXTHOME.CA
NEW-CONDOMINIUM shoppers
have a lot of choice available across
the Greater Toronto Area. When
considering the vast number of
condos out there, they may want
to consider residences in master-
planned communities. Living in
a neighbourhood that has been
specifi cally and intentionally planned
from the beginning brings with it
many advantages that could enhance
purchasers’ quality of life and their
future return on investment.
For starters, think about visibility.
In a master-planned community
that includes several residences,
the buildings are designed to speak
to each other architecturally. They
all fi t in with the same architectural
vision, which o� ers a feeling of
harmony and a sense of place.
These neighbourhoods may also
include public art that contributes
to the cohesiveness. In the Emerald
City community in North York, for
example, the colours at building entry
points match the primary hues on the
massive Douglas Coupland cones
and cylinders.
Master planning also includes a
mixed-use component that o� ers
incredible convenience for residents.
There’s a lot to be said for buying
in a community where services
and amenities are within walking
distance. Emerald City is close to
Fairview Mall, major highways, public
transportation, schools, parks, a
hospital and more. Proximity to
all of these provides added value.
So does the fact that Emerald City
itself features the Parkway Forest
Community Centre, where people
and families of all ages can access
a variety of amenities including a
Trending
daycare facility, fi tness centre and
soon, an outdoor pool. The value of
the real estate where Emerald City
is located has vastly increased. This
value benefi ts our purchasers and
existing residents in surrounding
neighbourhoods.
By planning extensively, developers
can make sure access roads, tra� c
lights, passages and the like are in
place so the entire circuit board of
the neighbourhood feeds what is
expected. This may not be achievable
with a standalone building dropped
into existing surroundings.
Another aspect of master planning
that instills confi dence in buyers is
the fact that the community typically
involves building thousands of
suites, meaning the developers are
in it for the long run. This unspoken
agreement that the community will,
in fact, be built establishes stability.
MORE TRENDING ONLINEypnexthome.ca/news
Choose master planned for maximum benefi tBy Rafael Lazer
Of course, developers cannot
achieve all of this alone. We work with
city councillors to ensure that our
master-planned communities comply
with municipal regulations and add
to their surroundings. Emerald City
occupies one of the largest blocks of
land in North York, so it has to fi t in
well with the entire area. Everything
was looked at carefully from all angles
in order to create a whole that is
greater than the sum of its parts. In
fact, that’s a good way to sum up
what a master-planned community is
all about.
Each one is unique. As Elad
contemplates similar neighbourhoods
to Emerald City in other areas in
Canada, we continue to look for
ways to streamline residents’ lifestyles
through meaningful amenities.
Developers of master-planned
communities and the municipalities
where they create them have
everyone’s interests at heart.
Rafael Lazer is chief executive o� cer at Elad Canada, a Toronto-based company with o� ces in Montreal. Elad is known for its visionary approach behind the award-winning Emerald City, the Cité Nature condominium development next to the Olympic Village pyramids and the redevelopment of the historic Nordelec building in Montreal.
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APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 77
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APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 79 78 YPNEXTHOME.CA
IN 1956, REV. ROY E. UPTON had a
vision to bring the message of
faith to as many people as possible.
He met with his followers in a
bowling alley on Kennedy Road
in Scarborough (Scarboro Gospel
Temple) and began drive-in Sunday
services amplifi ed to about 100
cars in a Dominion parking lot.
Today, his legacy is known as
Global Kingdom Ministries. Situated
on 11 acres at 1250 Markham Rd.
in Scarborough, the organization
has 12 pastors on sta� and attracts
nearly 1,900 attendees every week for
Sunday services.
Festivities to celebrate Global
Kingdom Ministries’ 60th anniversary
will take place throughout the month
of May, culminating in a banquet at
the Brighton Convention Centre.
Among the highlights of this
milestone year is the launch of Trinity
Ravine Towers, a 55-plus faith-based
lifestyle community available through
a market value life lease.
“We’re very excited about the
concept behind Trinity Ravine Towers
condominiums,” says Kern Kalideen,
executive pastor of administration and
fi nance. “This residence is the epitome
of immersion in faith-based living.”
The condos will consist of two
highrise towers, connected by a four-
storey amenity podium. The amenities
will include wellness and fi tness
facilities, entertainment venues, a
computer lab and a dining room.
According to Pastor Kern, owners
will pay a monthly occupancy
fee that will cover maintenance,
administration and a reserve fund
overseen by the board of Global
Kingdom Ministries.
There is even more to celebrate
when it comes to Global Kingdom
Ministries living out Rev. Upton’s dream.
Trending
“The physical attendance at our Sunday services is only part of our ministry,” says
Pastor Kern. “Our live stream has reached people in 32 countries in fi ve continents.
We consider ourselves a home base that mobilizes believers everywhere and helps
them achieve their God-given destiny. And interest in Trinity Ravine Towers has
been very encouraging since we are hearing from people who want to actually live
out their years within our home-base community.”
This charitable organization branches into smaller groups to meet the needs
of diverse members. In addition to the 15 pastors, and 18 administration and
custodian employees on sta� , Global Kingdom Ministries relies on approximately
700 volunteers to make it all happen... and what happens covers every stage of
life from babies to seniors.
Global Kingdom Ministries touches on the greater defi nition of community in
countless ways, taking part in weddings and baptisms, working with local partners
like 5n2 Foods who helped them serve over 30,000 meals in 2015, o� ering
workshops, counselling, retreats and more.
Every Sunday in May, Global Kingdom Ministries will celebrate a di� erent
element of its legacy, ending with the banquet on May 28, when the
internationally-renowned vocal group Cana’s Voice, will entertain.
For more information on the 60th anniversary celebrations, visit GKM60.com;
for more information on Trinity Ravine Towers, visit trinityravine.ca; and to
learn about Global Kingdom Ministries, visit globalkingdom.ca.
Global Kingdom Ministries celebrates 60th anniversary with Trinity Ravine Towers
MORE TRENDING ONLINEypnexthome.ca/news
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COMING SOON TO 1250 MARKHAM ROAD
Exclusive Listing Brokerage: Baker Real Estate Incorporated. Brokers Protected.
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APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 79
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80 YPNEXTHOME.CA
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APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 83 82 YPNEXTHOME.CA
LOCAL MEDIA HAS dedicated significant
attention to the state of the residential
real estate market in Toronto over the
last several years, especially in regards
to the condo boom. Some experts in
the real estate community believe that
the Toronto market is experiencing a
bubble which has been growing for
the last 10 years. As a result, many
potential investors have been waiting
on the sidelines for years in hope
of a market correction. Some have
been waiting so long that prices have
increased to the point where even a
modest correction would still leave
them with less “condo purchasing
power” than they had when they first
became interested in the market.
Trending
Others believe that the increase
in property values over the last
10 years is just the beginning of a
long-term trend caused by increased
globalization, and that Toronto real
estate is lining up with other world-
class cities across the globe. Cities
like New York, London, Tokyo
and Hong Kong are often cited
as examples that make Toronto
prices seem like a bargain. Another
argument suggests that large
institutional investors are starting
to use Toronto real estate as a
complement to stocks and bonds
which is further driving up real
estate prices.
While there is plenty of information
Where to invest: Rental prices mapped to Toronto’s subway stations
available about the buyers and sellers
of condos in Toronto, it doesn’t paint
a full picture of whether real estate
is attractive as an investment option
for the layman. The missing piece is
the rental market, which generates
the majority of the returns for a real
estate investment. What does it cost
to rent a one- or two-bedroom
condo in Toronto? How do these
rents compare in different areas of
the city?
To help answer these questions,
we have mapped the rental prices for
properties near each subway stop in
Toronto.* The ranges shown in the
infographic represent monthly rents.**
“Toronto Rent Map (CNW Group/Sky View Suites)”
…continued on page 82
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APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 83
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APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 85 84 YPNEXTHOME.CA
The infographic confi rms a lot of
things we already know:
» As you move away from the
downtown core, rental prices start
to come down.
» The most expensive areas to
rent are near Bay, Bloor-Yonge,
Rosedale and Summer Hill
stations, where a lot of wealthy
Torontonians call home.
» Surprisingly, the rental prices
around Union Station are lower
than other stations in the area
(for example, St. Andrew, St. Patrick
and King).
For a potential investor looking at
this information, the obvious question
is, “With the increase in condo prices,
is buying an investment condo worth
it based on current rent prices?”
To answer this question, we took
a sample listing from a new one-
bedroom condo near Union Station
and computed the annual rate of
return on investment (ROI):
» Purchase price: $370,000
» Down payment and closing costs
(20 per cent down, land transfer
taxes, lawyer fees): $83,125
» Mortgage rate: 2.5 per cent per
annum
» Mortgage term: 25 years
» Average monthly rent: $1,600
In this example, the ROI on the
$83,125 paid to close the sale is
approximately 9.1 per cent per
year over a 10-year period***.
By comparison, below is a list of
investment vehicles and their average
annual ROIs available to regular
individual investors:
» GICs/government bonds (risk-
free): Returning roughly one to
two per cent per year (depending
on term).
» AA & AAA rate corporate bonds
(low risk): Returning three to four
per cent per year.
» Stock market/TSX: Return has
been extremely volatile since
2002. An individual buying into
the market in 2007 would have
seen their investment shrink if that
money were still invested in the
market today.
No one can say for sure how real
estate prices will behave in the short
term, but for the long-term investor,
it’s clear that investment condos in
Toronto are still an attractive option.
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Footnotes
* Rent data was collected over
the course of a year from multiple
online/offl ine sources for both one-
and two-bedroom condos/units in
the vicinity of each subway station.
Because of the lack of condominium
data near some stations, simplifying
assumptions were used to collect
rent information. Subway stops
highlighted in purple (dense
condominium locations), exclusively
represent rent data on relatively
newer highrise condominium
developments. Subway stops
highlighted in orange, due to the
lack of highrise condominiums in
the area, represent rent data from all
types of dwellings including homes,
apartments and condominiums.
** Actual rent data collected were
asking prices. It was assumed that
the asking price was a good estimate
for the fi nal settled price due to the
effi ciency of the rental market in
Toronto.
*** Assumptions
1. Condo prices continue to grow at
two per cent per year on average.
2. Rental prices increase at one per
cent per year.
3. Condo-related costs increase at
two per cent per year.
4. The property is sold after 10 years.
MORE TRENDING ONLINEypnexthome.ca/news
…continued from page 84
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EXCLUSIVE LISTING AGENT: MILBORNE REAL ESTATE INC.
85
085-Silvercreek-McGibbon 04-23-16.indd 85 2016-04-15 10:53 AM
APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 87 86 YPNEXTHOME.CA
Advice | STYLE FILE
FOR EVERYTHING MOTHERS DO, Mother’s Day is
a perfect time to say thanks. But coming up with
a way to show your thanks can be a challenge.
You probably want to get mom something
special that she’ll treasure, something to pamper
her, or something useful. Here are some
gift suggestions I know my mom, and many
mothers I know, would love to receive.
1. Service for four — or more!Does your mom love to have gatherings over
meals? Or enjoy entertaining outside? The PC
home goods and dishware from Real Canadian
Superstore for the spring are stunning! From
bold colours and prints to neutral tinted clears, they have
a look and feel that’s sure to put a smile on mom’s face
every time she entertains…and every time she thinks about
who supplied these great pieces. And at these prices, you
can treat mom to multiple pieces! They are available at
Real Canadian Superstores nationwide and select Loblaws.
2. One of a kindYour mom is one of a kind, so why not delight her with a
one-of-a-kind item from Artemano? From serving bowls
to hanging lights, from nesting tables to tea cups, they
provide nature inspired furniture and accessories that
come from the Far East. Visit artemano.ca.
Mother’s DayGifts for the home
1
2
3
7
6
086-087 jo alcorn - MIX mother's day - new_JM.indd 2 4/15/16 12:27 PM
MORE ADVICE ONLINEypnexthome.ca/news/advice
Jo Alcorn is a design specialist and designer on HGTV’s Home to Win, premiering April 24, 2016. She has her own furniture collection, signature
pillow and dog bed line and is known for her savvy design concepts. Visit Jo at whitewashco.ca.
3. Art with heartThere is nothing like a creating art from a special photo to make mom
happy on her special day. Posterjack is my go-to for turning my photos
into art. They o� er acrylic prints and blocks that are sure to wow! You can
use your own personal pictures or choose from a huge gallery of stock
photography. Check out posterjack.ca.
4. Kitchen confi dentialIf your mom is anything like mine, she is probably hanging onto old
serving dishes and trays. This year surprise her with something new that’s
functional and also brightens up her table. I love the KitchenAid nesting
ceramic four-piece set in almond cream.
5. Home oasisWhen you’re not sure what to get mom, and just need to have inspiration
hit, take a trip to Bouclair. They have so many cute and inspiring pieces to
choose from. This year my favourite might just be their new mugs just in
time for Mother’s Day. Find them at bouclair.com.
6. Perfect pillowsI may be a bit biased here, but I think adding a pop of colour in the form
of a pillow is a great way to spice up any decor. My line of throw pillows
is fully washable, including the cover and the fi lling; toss the pillow in the
washing machine and it comes out looking like new. Every pillow has
hypoallergenic down-like feather fi lling, is reversible, cruelty-free, and
recyclable. The Jo Alcorn Collection is available at shop.ca.
7. Wicker wondersGone is the wicker of the 70s! Take a stroll through wicker emporium
and you’ll instantly know what I mean. While you can still fi nd a classic
wicker chair, today’s wicker emporium is completely di� erent. Stores o� er
gorgeous solid wood furniture and lovely home decor accessories. From
vases and baskets to candles and linens this store promises to delight. Visit
wickeremporium.ca.
While every city in Canada holds dear its most popular neighbourhoods, there is always room for great places to live, and better yet, to be the fi rst to discover them. Toronto’s West Queen West wasn’t always hip, Vancouver’s West End didn’t always win awards and Calgary’s Beltine couldn’t always have been one of the best. Here’s our list of up-and-coming neighbourhoods to look out for in 2016!
1. River District, VancouverSet to be similar to Yaletown, River District will be a large neighbourhood on the banks of the Fraser River. With the help of locals and experts in design, architecture and environmental sustainability, Wesgroup is creating a neighbourhood from the ground up. It will be a people-oriented, vibrant neighbourhood with many amenities, as well as a waterfront pathway with wildlife, jogging and biking. Even cooler, River District will have an old-fashioned town centre with shops, restaurants and a variety of services.
2. Seton, CalgarySeton, home to Calgary’s new South Health Campus, will be the city’s newest urban district...
See Jackie Marchildon and Sonia Bell’s full list of up-and-coming neighbourhoods online. Read the full story…
nexthome.yp.ca/up-and-coming
Canada’s top up-and-coming neighbourhoods
ONLINE
5
4
086-087 jo alcorn - MIX mother's day - new_JM.indd 3 4/15/16 12:27 PMTCG 04-23-16 master.indd 86 2016-04-15 4:33 PM
APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 87 86 YPNEXTHOME.CA
Advice | STYLE FILE
FOR EVERYTHING MOTHERS DO, Mother’s Day is
a perfect time to say thanks. But coming up with
a way to show your thanks can be a challenge.
You probably want to get mom something
special that she’ll treasure, something to pamper
her, or something useful. Here are some
gift suggestions I know my mom, and many
mothers I know, would love to receive.
1. Service for four — or more!Does your mom love to have gatherings over
meals? Or enjoy entertaining outside? The PC
home goods and dishware from Real Canadian
Superstore for the spring are stunning! From
bold colours and prints to neutral tinted clears, they have
a look and feel that’s sure to put a smile on mom’s face
every time she entertains…and every time she thinks about
who supplied these great pieces. And at these prices, you
can treat mom to multiple pieces! They are available at
Real Canadian Superstores nationwide and select Loblaws.
2. One of a kindYour mom is one of a kind, so why not delight her with a
one-of-a-kind item from Artemano? From serving bowls
to hanging lights, from nesting tables to tea cups, they
provide nature inspired furniture and accessories that
come from the Far East. Visit artemano.ca.
Mother’s DayGifts for the home
1
2
3
7
6
086-087 jo alcorn - MIX mother's day - new_JM.indd 2 4/15/16 12:27 PM
MORE ADVICE ONLINEypnexthome.ca/news/advice
Jo Alcorn is a design specialist and designer on HGTV’s Home to Win, premiering April 24, 2016. She has her own furniture collection, signature
pillow and dog bed line and is known for her savvy design concepts. Visit Jo at whitewashco.ca.
3. Art with heartThere is nothing like a creating art from a special photo to make mom
happy on her special day. Posterjack is my go-to for turning my photos
into art. They o� er acrylic prints and blocks that are sure to wow! You can
use your own personal pictures or choose from a huge gallery of stock
photography. Check out posterjack.ca.
4. Kitchen confi dentialIf your mom is anything like mine, she is probably hanging onto old
serving dishes and trays. This year surprise her with something new that’s
functional and also brightens up her table. I love the KitchenAid nesting
ceramic four-piece set in almond cream.
5. Home oasisWhen you’re not sure what to get mom, and just need to have inspiration
hit, take a trip to Bouclair. They have so many cute and inspiring pieces to
choose from. This year my favourite might just be their new mugs just in
time for Mother’s Day. Find them at bouclair.com.
6. Perfect pillowsI may be a bit biased here, but I think adding a pop of colour in the form
of a pillow is a great way to spice up any decor. My line of throw pillows
is fully washable, including the cover and the fi lling; toss the pillow in the
washing machine and it comes out looking like new. Every pillow has
hypoallergenic down-like feather fi lling, is reversible, cruelty-free, and
recyclable. The Jo Alcorn Collection is available at shop.ca.
7. Wicker wondersGone is the wicker of the 70s! Take a stroll through wicker emporium
and you’ll instantly know what I mean. While you can still fi nd a classic
wicker chair, today’s wicker emporium is completely di� erent. Stores o� er
gorgeous solid wood furniture and lovely home decor accessories. From
vases and baskets to candles and linens this store promises to delight. Visit
wickeremporium.ca.
While every city in Canada holds dear its most popular neighbourhoods, there is always room for great places to live, and better yet, to be the fi rst to discover them. Toronto’s West Queen West wasn’t always hip, Vancouver’s West End didn’t always win awards and Calgary’s Beltine couldn’t always have been one of the best. Here’s our list of up-and-coming neighbourhoods to look out for in 2016!
1. River District, VancouverSet to be similar to Yaletown, River District will be a large neighbourhood on the banks of the Fraser River. With the help of locals and experts in design, architecture and environmental sustainability, Wesgroup is creating a neighbourhood from the ground up. It will be a people-oriented, vibrant neighbourhood with many amenities, as well as a waterfront pathway with wildlife, jogging and biking. Even cooler, River District will have an old-fashioned town centre with shops, restaurants and a variety of services.
2. Seton, CalgarySeton, home to Calgary’s new South Health Campus, will be the city’s newest urban district...
See Jackie Marchildon and Sonia Bell’s full list of up-and-coming neighbourhoods online. Read the full story…
nexthome.yp.ca/up-and-coming
Canada’s top up-and-coming neighbourhoods
ONLINE
5
4
086-087 jo alcorn - MIX mother's day - new_JM.indd 3 4/15/16 12:27 PMTCG 04-23-16 master.indd 87 2016-04-15 4:33 PM
APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 89 88 YPNEXTHOME.CA
905Hot Properties
LATEST LISTINGS Find your next home! This page features a few of the latest properties to keep your eye on in the Toronto905 area. Find more properties at ypnexthome.ca
previews andregistration
COSMOS CONDOMINIUMSBy: Liberty Development
City: Vaughan
Live steps from the new Vaughan
Metropolitan Centre subway station,
Highways 400 and 407, and all the great
amenities in Vaughan. Register now.
www.cosmoscondos.ca
VARLEY CONDOMINIUM RESIDENCESBy: Tribute Communities
City: Markham
Discover luxury condominium living just steps
away from Unionville Main Street. Register now.
www.tributecommunities.com
ARC CONDOMINIUMSBy: Daniels Corporation
City: Mississauga
Arc Condominiums is the newest addition to
Daniels Erin Mills — a master-planned, mixed-
use community. Register now.
www.danielsarc.com
PACE ON MAINBy: Geranium Homes
City: Stou� ville
Register now for a new condominium that
delivers a fresh new living experience in
downtown Stou� ville.
www.paceonmain.com
LAKE & EAST CONDOMINIUM RESIDENCESBy: Symmetry Developments
City: Oakville
Coming soon to Bronte Harbour. Register
now for condos starting from the mid-$300s.
www.lakeandeast.com
GRAND PALACE CONDOMINIUMSBy: G Group Development
City: Richmond Hill
Luxury condos starting from the $250s.
Register now for the fi nal tower.
www.grandpalace.ca
new releases and grand openings
THE RESIDENCES OF CREEKSHORE COMMONBy: Mattamy Homes
City: Oakville
Modern, boutique condominium and
townhome living is now available at Oakville’s
most alluring address.
www.mattamyhomes.com
RAIN & SENSESBy: Empire Communities
City: Oakville
A resort-style condo starting from the
mid-$300s. Tour the newly completed, fully
furnished model suites.
www.empirecommunities.com
INDIGOBy: Pemberton Group
City: Maple
Welcome home to spacious condominium
living in Maple. Prices start from the low
$400s.
www.pembertongroup.com
BuildersIf you would like to include your preview
registration, new release or site opening
in this feature, just email the details to
COSMOS CONDOMINIUMS
088 HotProperties-905_MC NEW-SB-JM.indd 2 4/15/16 12:28 PM
416Hot Properties
LATEST LISTINGS Find your next home! This page features a few of the latest properties to keep your eye on in the Toronto416 area. Find more properties at ypnexthome.ca
previews and registration
THE VILLAGE RESIDENCESBy: Liberty Development
City: Toronto
Register now for a boutique condominium
in an unparalleled location where Bayview
meets Sheppard and prestige meets luxury.
www.villageresidences.ca
HEARTWOOD THE BEACHBy: Fieldgate Urban
City: Toronto
Register now for the first six-storey
condominium in Toronto to be
built with wood.
www.heartwoodthebeach.com
FORMBy: Tridel
City: Toronto
Located at Queen and McCaul, Form
embodies the bold, artistic energy of its
surroundings. Register now.
www.tridel.com
SONIC CONDOMINIUMSBy: Lindvest
City: Toronto
Register now for a new condominium located
at Eglinton Avenue and Don Mills Road.
www.lindvest.com/sonic
609 AVENUE ROADBy: State Building Group and Madison Homes
City: Toronto
Live amongst the city’s most prestigious
neighbourhoods — Forest Hill and Deer Park.
Register now.
www.609avenue.com
HEARTWOOD THE BEACH
WHITEHAUSBy: Lifetime Developments and Knightstone
Capital Management
City: Toronto
Live steps to the subway, restaurants and
all the excitement and energy of Yonge and
Eglinton. Register now.
www.whitehaus.ca
LIBERTY CENTRAL BY THE LAKE 2By: CanAlfa Group
City: Toronto
Register now for an opportunity to live in
Liberty Village, one of Toronto’s hottest
neighbourhoods.
www.liveinliberty.com
new releases and grand openings
SWEETLIFE CONDOSBy: Your Home Developments
City: Toronto
Live the sweet life at Kingston Road and
Morningside Avenue. Model suite now open.
www.sweetlifecondos.ca
THE PJ CONDOS By: Pinnacle International
City: Toronto
Live downtown at Pearl and John streets in
the heart of the entertainment district.
www.pjcondos.ca
SOUTHSIDE RESIDENCES AT GRAMERCY PARKBy: Malibu Investments Inc.
City: Toronto
Fabulous amenities, suites from the $190s and
close to the Wilson subway, Yorkdale Mall and
York University.
www.southsidecondos.ca
BuildersIf you would like to include your preview
registration, new release or site opening
in this feature, just email the details to
089 HotProperties_416_MC NEW_SB-JM.indd 2 4/15/16 12:28 PMTCG 04-23-16 master.indd 88 2016-04-15 4:33 PM
APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 89 88 YPNEXTHOME.CA
905Hot Properties
LATEST LISTINGS Find your next home! This page features a few of the latest properties to keep your eye on in the Toronto905 area. Find more properties at ypnexthome.ca
previews andregistration
COSMOS CONDOMINIUMSBy: Liberty Development
City: Vaughan
Live steps from the new Vaughan
Metropolitan Centre subway station,
Highways 400 and 407, and all the great
amenities in Vaughan. Register now.
www.cosmoscondos.ca
VARLEY CONDOMINIUM RESIDENCESBy: Tribute Communities
City: Markham
Discover luxury condominium living just steps
away from Unionville Main Street. Register now.
www.tributecommunities.com
ARC CONDOMINIUMSBy: Daniels Corporation
City: Mississauga
Arc Condominiums is the newest addition to
Daniels Erin Mills — a master-planned, mixed-
use community. Register now.
www.danielsarc.com
PACE ON MAINBy: Geranium Homes
City: Stou� ville
Register now for a new condominium that
delivers a fresh new living experience in
downtown Stou� ville.
www.paceonmain.com
LAKE & EAST CONDOMINIUM RESIDENCESBy: Symmetry Developments
City: Oakville
Coming soon to Bronte Harbour. Register
now for condos starting from the mid-$300s.
www.lakeandeast.com
GRAND PALACE CONDOMINIUMSBy: G Group Development
City: Richmond Hill
Luxury condos starting from the $250s.
Register now for the fi nal tower.
www.grandpalace.ca
new releases and grand openings
THE RESIDENCES OF CREEKSHORE COMMONBy: Mattamy Homes
City: Oakville
Modern, boutique condominium and
townhome living is now available at Oakville’s
most alluring address.
www.mattamyhomes.com
RAIN & SENSESBy: Empire Communities
City: Oakville
A resort-style condo starting from the
mid-$300s. Tour the newly completed, fully
furnished model suites.
www.empirecommunities.com
INDIGOBy: Pemberton Group
City: Maple
Welcome home to spacious condominium
living in Maple. Prices start from the low
$400s.
www.pembertongroup.com
BuildersIf you would like to include your preview
registration, new release or site opening
in this feature, just email the details to
COSMOS CONDOMINIUMS
088 HotProperties-905_MC NEW-SB-JM.indd 2 4/15/16 12:28 PM
416Hot Properties
LATEST LISTINGS Find your next home! This page features a few of the latest properties to keep your eye on in the Toronto416 area. Find more properties at ypnexthome.ca
previews and registration
THE VILLAGE RESIDENCESBy: Liberty Development
City: Toronto
Register now for a boutique condominium
in an unparalleled location where Bayview
meets Sheppard and prestige meets luxury.
www.villageresidences.ca
HEARTWOOD THE BEACHBy: Fieldgate Urban
City: Toronto
Register now for the first six-storey
condominium in Toronto to be
built with wood.
www.heartwoodthebeach.com
FORMBy: Tridel
City: Toronto
Located at Queen and McCaul, Form
embodies the bold, artistic energy of its
surroundings. Register now.
www.tridel.com
SONIC CONDOMINIUMSBy: Lindvest
City: Toronto
Register now for a new condominium located
at Eglinton Avenue and Don Mills Road.
www.lindvest.com/sonic
609 AVENUE ROADBy: State Building Group and Madison Homes
City: Toronto
Live amongst the city’s most prestigious
neighbourhoods — Forest Hill and Deer Park.
Register now.
www.609avenue.com
HEARTWOOD THE BEACH
WHITEHAUSBy: Lifetime Developments and Knightstone
Capital Management
City: Toronto
Live steps to the subway, restaurants and
all the excitement and energy of Yonge and
Eglinton. Register now.
www.whitehaus.ca
LIBERTY CENTRAL BY THE LAKE 2By: CanAlfa Group
City: Toronto
Register now for an opportunity to live in
Liberty Village, one of Toronto’s hottest
neighbourhoods.
www.liveinliberty.com
new releases and grand openings
SWEETLIFE CONDOSBy: Your Home Developments
City: Toronto
Live the sweet life at Kingston Road and
Morningside Avenue. Model suite now open.
www.sweetlifecondos.ca
THE PJ CONDOS By: Pinnacle International
City: Toronto
Live downtown at Pearl and John streets in
the heart of the entertainment district.
www.pjcondos.ca
SOUTHSIDE RESIDENCES AT GRAMERCY PARKBy: Malibu Investments Inc.
City: Toronto
Fabulous amenities, suites from the $190s and
close to the Wilson subway, Yorkdale Mall and
York University.
www.southsidecondos.ca
BuildersIf you would like to include your preview
registration, new release or site opening
in this feature, just email the details to
089 HotProperties_416_MC NEW_SB-JM.indd 2 4/15/16 12:28 PMTCG 04-23-16 master.indd 89 2016-04-15 4:33 PM
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554
*TH: Townhomes, C: Condo
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East York
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
2 GREAT GULF Yonge+Richmond 416-499-8883 • from $470,000 45 16K3 ARAGON PROPERTIES Eighty One Wellesley eightyonewellesley.ca • Insert 16J8 ROCKPORT GROUP George Condos+Towns 416-223-0003 • from $300,000 69 22L9 HARHAY DEVELOPMENTS 875 Queen East 416-694-8750 • from $300,000 63 19L11 MENKES DEVELOPMENTS INC. Pears on the Avenue 416-323-0100 • from $400,000 Insert 14I11 MENKES DEVELOPMENTS INC. 365 Church 416-591-7700 • from $463,000 Insert 14I18 URBAN CAPITAL RC3 416-862-0505 • • from $220,000 35 18L18 MATTAMY HOMES Riva del Lago 647-347-5930 • from $300,000 Insert 24C20 MENKES DEVELOPMENTS INC. Fabrik 416-591-7700 • from $390,000 Insert 14M26 BAZIS INC. No1 Yorkville 416-519-2911 • from $460,000 3 15I28 EMPIRE COMMUNITIES Eau Du Soleil Waterfront Condominiums 416-503-3328 • from $350,000 6-7 25B35 MENKES DEVELOPMENTS INC. 87 Peter 416-591-7700 • from $741,000 Insert 15M 35 MENKES DEVELOPMENTS INC. The Eglinton Yonge at Heart 416-591-7700 • from $250,000 Insert 15D 47 PINNACLE INTERNATIONAL The PJ 416-596-1600 • from $300,000 5 15L52 CRESFORD DEVELOPMENT CORP. CASA II 416-486-2272 • from $1100,000 IBC 15L58 GREAT GULF Monde 416-466-8885 • from $340,000 45 17M68 LAMB DEVELOPMENT CORP. East Fiftyfive 416-861-9559 • from $290,000 57 17L68 HYDE PARK East Fiftyfive 416-861-9559 • from $290,000 57 17L70 STATE BUILDING GROUP 609 Avenue Road 609avenue.com • from $390,000 61 14G70 MADISON HOMES 609 Avenue Road 609avenue.com • from $390,000 61 14G75 CANALFA GROUP Liberty Central by the Lake Two 416-537-0047 • • from $320,000 71 12N80 MATTAMY HOMES J Davis House 647-343-3270 • • from $320,000 BC 15F85 HARHAY DEVELOPMENTS One Eleven Condominiums & Lofts 647-351-4111 • from $418,000 65 13M99 GREAT GULF One Bloor Residences 416-922-0081 • from $580,000 45 15I149 CAMROST - FELCORP The Foxbar Collection at Blue Diamond thefoxbar.ca • from $850,000 1 15I150 ASPEN RIDGE HOMES Studio on Richmond 647-352-7736 • from $300,000 23 15M199 BRAD J. LAMB REALTY James 416-214-9900 from $308,000 59 14O217 PEMBERTON GROUP TEN93 Queen West 416-546-6355 • from $280,000 8 12F217 BAYWOOD HOMES TEN93 Queen West 905-326-4100 • from $280,000 8 12F217 PEMBERTON GROUP TEN93 Queen West 416-546-6355 • from $280,000 8 12F1 BRANDY LANE HOMES The Davies 416-873-0862 • from $820,000 14I4 GAIRLOCH INVESTMENTS 383 Sorauren 383sorauren.com from $265,000 9M4 CENTRESTONE URBAN DEVELOPMENTS INC. 383 Sorauren 416-588-0383 from $265,000 9L6 CRESFORD DEVELOPMENT CORP. Merton Yonge Condominiums 416-484-1900 • from $400,000 14E7 THE DANIELS CORPORATION High Park Condominiums 416-351-1844 • from $285,000 8L11 TRIDEL CORPORATION Sherwood at Huntington 416-485-1900 • from $1000,000 18G12 NORTH DRIVE INVESTMENT The High Park 416-670-3699 • from $400,000 8L12 NORTH DRIVE INVESTMENT Picnic 416-670-3699 • from $475,000 8L15 TRIDEL CORPORATION 101 Erskine 416-480-0700 • from $386,000 14D16 FREED 155 REDPATH 416-996-5428 • from $226,000 14D16 FREED 150 REDPATH redpathcondos.com • from $200,000 14D16 CAPITAL DEVELOPMENTS 150 REDPATH redpathcondos.com • from $200,000 14D17 ROCKPORT GROUP The Nest 416-223-0003 • from $350,000 11H18 MATTAMY HOMES Riva del Lago 647-347-5930 • from $363,000 24C19 STREETCAR DEVELOPMENT The Southwood 416-750-7506 • from $300,000 23H20 LIFETIME DEVELOPMENTS Whitehaus Condominiums whitehaus.ca • from $300,000 14M21 GREENLAND GROUP King Blue Condos 416-599-1355 • from $336,000 12N22 MATTAMY HOMES Picasso on Richmond 416-495-3549 • from $541,000 14M22 TRIDEL CORPORATION Ten York 416-596-9888 • from $1020,000 12F22 MATTAMY HOMES Picasso on Richmond 416-495-3549 • from $336,000 14M23 TRIBUTE COMMUNITIES The College 416-363-4800 • from $390,000 M1425 TRIDEL CORPORATION SQ2 416-661-1949 • from $357,000 15D26 BAZIS INC. One Yorkville 416-519-2911 • from $408,000 15I29 PINNACLE INTERNATIONAL Success Tower at Pinnacle Centre 416-360-0673 • from $880,000 17M30 BUENA VISTA DEVELOPMENTS Bespoke Towns 419-239-8181 • from $550,000 22J
90
090-Condo_Maps&List.indd 1 2016-04-16 5:57 PM
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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. 91
31 WORSLEY URBAN PARTNERS Totem Condominium 416-792-1877 • from $492,000 15H
32 MADISON HOMES The Madison 416-482-8090 • from $480,000 14E
34 ST. THOMAS DEVELOPMENTS 88 Queen 88queen.com • from $250,000 16L
36 NEUDORFER CORPORATION Fuse Condos 416-534-4444 from $280,000 9K
38 GREAT GULF Pace 416-928-2223 • from $310,000 16L
38 EASTON’S GROUP Dundas Square Gardens 416-645-8575 • from $224,000 17K
38 CENTRE COURT DEVELOPMENT Grid Condos 416-477-4743 • from $250,000 17K
40 FERNBROOK HOMES/CITYZEN DEV. Garrison Point garrisonpoint.ca • from $250,000 13N
41 LASH GROUP OF COMPANIES The Barrington Condominiums Flats 416-410-4444 • from $345,000 12H
42 TRIUMPH DEVELOPMENTS Howard Park 2 416-873-0989 • from $349,000 9L
43 K-CAP LAIRD INC. The Upper House Condos in Leaside 416-425-1800 from $350,000 18D
44 TRIDEL CORPORATION Alter 416-645-4599 • from $700,000 16J
48 MINTO COMMUNITIES INC. Yorkville Park mintoyorkvillepark.com • • from $420,000 14J
48 MADISON HOMES Zigg St.Clair West 416-545-0223 • • from $390,000 14J
48 FIELDGATE HOMES Zigg St.Clair West 416-545-0223 • • from $390,000 14J
48 CAMROST - FELCORP Yorkville Private Estates 416-484-4371 • • from $2500,000 14J
49 LANTERRA DEVELOPMENTS Teahouse 416-861-1111 • from $241,000 16K
49 TRIBUTE COMMUNITIES Stanley 416-546-1502 • from $290,000 16K
50 CRESFORD DEVELOPMENT CORP. VOX 416-485-3000 • 15J
51 TRIDEL CORPORATION Aqualina at Bayside 416-514-2710 • from $336,000 18N
51 TRIDEL CORPORATION Aquavista at Bayside Toronto 416-514-2710 • from $814,000 18N
52 CRESFORD DEVELOPMENT CORP. CASA 2 416-486-2272 • from $390,000 15L
52 CRESFORD DEVELOPMENT CORP. CASA III 416-486-2272 • from $660,000 15L
53 LANTERRA DEVELOPMENTS 11 Wellesley 416-861-1111 • from $435,000 15J
56 STREETCAR DEVELOPMENT Riverside Square 416-466-4466 • from $200,000 19L
60 CANALFA GROUP Liberty Central by the Lake - Phase One 416-537-0047 • from $370,000 11F
63 FERNBROOK HOMES/CITYZEN DEV. The Selby theselbycondos.com • 16J
63 THE GUPTA GROUP The Rosedale on Bloor 416-928-9997 • from $220,000 16I
64 LAMB DEVELOPMENT CORP. The Brant Park 416-368-5262 • from $283,000 14M
65 ARAGON PROPERTIES Enigma on the Park 416-516-1551 • from $236,000 9L
67 PEMBERTON GROUP Citylights on Broadway 416-546-6605 • from $200,000 14D
71 TOWER HILL DEVELOPMENT CORPORATION 2221 Yonge 647-350-2221 • from $320,000 14D
73 DIAM DEVELOPMENTS On The Danforth onthedanforthcondo.com • from $250,000 23G
78 EMPIRE COMMUNITIES Schoolhouse 416-979-1333 • from $900,000 13I
79 FREED Art Shoppe Condos artshoppecondos.com • from $200,000 14D
80 BIDDINGTON HOMES J Davis House jdavishouse.com • • from $320,000 15F
85 CARTTERA One Eleven Condominiums & Lofts 647-351-4111 • from $418,000 13M
104 ASPEN RIDGE HOMES Seventy Seven Charles Yorkville 416-203-7034 • from $2100,000 14J
104 CRESFORD DEVELOPMENT CORP. The Clover on Yonge 416-485-3000 • from $220,000 14J
114 PLAZA Ivory On Adelaide 647-341-1731 • from $510,000 17L
114 FERNBROOK HOMES/CITYZEN DEV. 158 Front Condominiums 158front.com • from $290,000 17L
117 BAZIS INC. Exhibit 416-967-7778 • from $560,000 14I
117 METROPIA Exhibit 416-967-7778 • 14I
117 PLAZA Exhibit 416-967-7778 • 14I
118 PEMBERTON GROUP The Urban Townhome Collection 647-344-2573 • from $2200,000 15K
124 PINNACLE INTERNATIONAL The Pinnacle on Adelaide 416-596-1600 • from $367,000 15M
128 LIFETIME DEVELOPMENTS Bisha Hotel & Residences 416-637-2211 • from $300,000 16M
129 CONCERT PROPERTIES 88 Scott 416-216-8588 • from $500,000 17M
131 LANTERRA DEVELOPMENTS Riverhouse at the Old Mill 416-766-7343 • from $500,000 5L
131 TRIDEL CORPORATION Two Old Mill 416-645-7022 • from $1762,000 5L
133 TRIBUTE COMMUNITIES RCM I on University 647-351-9247 • from $515,000 14M
142 ANDRIN HOMES The Berwick 416-922-9425 from $536,000 14E
148 GRAYWOOD/BEAVERHALL DEVELOPMENT The Mercer 416-597-6940 • from $440,000 15M
149 CAMROST - FELCORP Imperial Plaza 647-346-3799 • from $386,000 15I
149 CAMROST - FELCORP Blue Diamond at Imperial Plaza 416-925-2501 • from $350,000 15I
149 CAMROST - FELCORP Cumberland Tower - Yorkville Plaza II 416-966-3003 • from $350,000 15I
153 URBAN CAPITAL Tableau Condominiums 416-591-8887 • • from $450,000 15L
153 MALIBU INVESTMENTS INC. Tableau Condominiums 416-591-8887 • • from $350,000 15L
153 ALIT DEVELOPMENTS Tableau Condominiums 416-591-8887 • • from $350,000 15L
155 LIFETIME DEVELOPMENTS The Bond Condominiums 416-546-7525 • • from $409,000 15G
157 CASTLEPOINT/CITYZEN/FERNBROOK L Tower 416-777-2533 • from $490,000 17L
162 PIANOSI DEVELOPMENTS Perspective Condos 416-242-3500 from $300,000 4H
185 PEMBERTON GROUP Neon 416-987-7878 • from $400,000 14D
190 CRESFORD DEVELOPMENT CORP. 1000 Bay 416-485-3000 • from $390,000 15J
199 FIELDGATE HOMES 90 Niagara 416-981-0036 from $410,000 14O
200 FREED SIXTY Colborne 416-601-0060 • from $496,000 16L
200 CARTTERA SIXTY Colborne 416-598-7775 • from $300,000 16L
201 SOLOTEX Upper Beach Townes 416-693-7500 • from $551,000 24G
206 MOD DEVELOPMENTS INC. The Massey Tower 416-966-0197 • • from $332,000 16L
215 DUNDEE KILMER DEVELOPMENTS Canary District Condominiums 416-603-7576 • from $335,000 18L
215 DUNDEE KILMER DEVELOPMENTS Canary Park Condominiums 416-603-7576 • from $242,000 18L
218 MALIBU INVESTMENTS INC. Smart House 416-292-0219 • from $442,000 15L
218 URBAN CAPITAL Smart House 416-292-0219 • from $472,000 15L
219 TAS DESIGNBUILD Duke Condos junctionlife.ca from $290,000 8K
220 LAMB DEVELOPMENT CORP. King Charlotte 416-368-5262 • from $435,000 15M
221 LAMB DEVELOPMENT CORP. Theatre Park 416-368-5262 • from $707,000 16M
222 LAMB DEVELOPMENT CORP. The Harlowe 416-363-1771 • from $300,000 15M
223 TRIDEL CORPORATION Form tridel.com 15L
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# Builder Site Telephone TH* C* Price Range Page Finder
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554
*TH: Townhomes, C: Condo
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
92
13 LIBERTY DEVELOPMENT CORP. The Village Residences 647-622-8408 • from $350,000 29 20D20 MALIBU INVESTMENTS INC. Southside Residences at Gramercy Park southsidecondos.ca • from $190,000 49 13E33 FIRST AVENUE PROPERTIES The Bennett on Bayview thebennettcondos.com • from $250,000 67 17B33 LATCH DEVELOPMENTS The Bennett on Bayview thebennettcondos.com • from $250,000 67 17B34 G GROUP DEVELOPMENT CORP Ellie elliecondos.com • from $250,000 37 17C95 ASPEN RIDGE HOMES Scenic on Eglinton 416-805-1781 • from $300,000 23 23G95 LINDVEST Sonic lindvest.com/sonic • from $210,000 51 23G96 ELAD CANADA Fifth on the Park 416-492-0001 • from $420,000 43 24C121 LIBERTY DEVELOPMENT CORP. World on Yonge 905-771-7010 • from $281,000 31 18A1 CONCORD ADEX Opus 416-813-2999 • • 22C3 YYZED PROJECT MANAGEMENT VISTO vistocondos.ca from $267,000 8E3 TIFFANY PARK HOMES Westhaven 416-792-6655 • from $633,000 23G4 TRIDEL CORPORATION Aristo at Avonshire 416-730-0300 • from $391,000 18D5 LINDVEST The Brownstones at Westown lindvest.com from $250,000 4C6 CONCORD ADEX Tango2 at Concord Park Place 416-813-2999 • from $265,000 22C6 CONCORD ADEX Omega On The Park 416-813-2999 • • from $200,000 22C7 FRAM BUILDING GROUP SOUL mysoulcondos.ca from $250,000 25C9 SORBARA GROUP Beacon beaconcondos.ca • from $368,000 17C12 GHODS BUILDERS INC. 5959 Yonge Street 416-222-5959 • from $302,000 18A13 CASTLE GROUP DEVELOPMENTS Vida at Bayview Village 416-304-1212 from $250,000 20D15 PHANTOM DEVELOPMENTS Tea Garden Condos teagardencondos.com • from $200,000 19C16 URBAN CAPITAL The Ravine 416-850-2489 • • from $268,000 25E16 ALIT DEVELOPMENTS The Ravine 416-850-2489 • • from $250,000 25E17 CHESTNUT HILL DEVELOPMENT Lotus Condominiums 416-222-8338 • from $306,000 19C17 HAVEN DEVELOPMENTS SIX 25 BV six25bv.com • from $250,000 19C18 KUBO DEVELOPMENTS Marquette Urban Towns 416-551-9767 • from $250,000 14E19 MADISON HOMES Briar Hill madisonhomes.ca • • from $400,000 12F21 TRIDEL CORPORATION Argento 416-663-1818 • from $370,000 22E22 TRIDEL CORPORATION Scala 416-730-0300 • from $300,000 22C28 TRIDEL CORPORATION Alto at Atria 416-645-8866 • from $334,000 25D34 DIAMANTE DEVELOPMENT CORP. The Diamond Condominiums on Yonge 416-961-8008 • from $268,000 17C37 NORSTAR GROUP OF COMPANIES Portrait Condominiums 416-282-9600 • from $255,000 13C50 DEVRON DEVELOPMENTS Flo Condominiums 647-799-0356 • from $322,000 18C96 ELAD CANADA Dreamtower At Emerald City 416-492-0001 • from $367,000 24C96 ELAD CANADA The Colours of Emerald City coloursofemeraldcity.com • from $250,000 24C122 LANTERRA DEVELOPMENTS Treviso Condominiums 416-787-8882 • from $203,000 12F122 LANTERRA DEVELOPMENTS Treviso II 416-787-8882 • from $263,000 12F122 LANTERRA DEVELOPMENTS Treviso III 416-787-8882 • from $250,000 12F123 BRANDY LANE HOMES The Station 416-398-9777 • from $467,000 12D124 TRIDEL CORPORATION Trio at Atria 416-645-8866 from $271,000 24C124 TRIDEL CORPORATION Parfait at Atria tridel.com 24C125 FRAM BUILDING GROUP LIV Lofts 416-445-5638 • from $250,000 22F130 TRIBUTE COMMUNITIES Canterbury 647-352-2130 • • from $951,000 19F132 FRAM BUILDING GROUP/CADILLAC FAIRVIEW Flaire Condos 416-445-8868 • from $305,000 22F
090-Condo_Maps&List.indd 3 2016-04-16 5:57 PM
401
427
409
QEWHorner Ave
Queensway
Ro
yal York R
d
Evans AveGardiner Expressway
Lakeshore Blvd W
Park Lawn
Mill Rd
Ran
forth
Dr
Dundas St W
Bloor St W
Rathburn Rd
Scarlett Rd
Martin
Gro
ve Rd
Albion Rd
Hu
mb
erline D
r
Finch Ave W
Rexdale BlvdK
iplin
g A
ve
Isling
ton
Ave
Dixon Rd
Westway
27
10
30
34
8
2
5
50
617
3922
44
21
18
56
16
19 24
toro
nto
reg
ion
alm
aps:
Sca
rbo
rou
gh, E
tobi
coke
400
401
401
Steeles Ave
22
13
15 17
7
28
16
95
132
21
33
12
9
18
19
5
121
125130
37
99
122
123
124
50
325
20
34
A
B
C
D
E
F
G
H
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26
401401
EastA
vePo
rt Un
ion
Rd
Cen
tenn
ial
Mo
rrish R
d 2A
Gallo
way R
d
Sheppard Ave ECo
nlin
s Rd
Kingston RD
Man
se Rd
Scarbo
rou
gh
Go
lf Rd
Orto
n Park R
d
Milner Ave
Mo
rnin
gsid
eA
ve
Bellam
y Rd
Sylvan Ave
Brimorton Dr
Markh
am R
dMcC
ow
an R
d
Brim
ley Rd
Pharm
acy Rd
Ward
enA
ve
Ken
ned
y Rd
Danfo
rthAve
Eglinton Ave E
St. Clair Ave Kingston Rd
Birch
mo
un
t Rd
Lawrence Ave E
Mid
land
Ave
Beare R
d
Reeso
r Rd
Sewells R
d
Mead
ow
vale Rd
Passmore Ave
Neilso
n R
d
McC
ow
an R
d
Tapsco
tt Rd
McLevin Ave
Finch Ave E
McNicoll Ave
Ellesmere Rd
Sheppard Ave E
Huntingwood Dr
401
Progress Ave
Victo
ria Park
1
3
914
28
23
11
71
4
27
55
26
Etobicoke
Scarborough
# Builder Site Telephone TH* C* Price Range Page Finder
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to (416) 789-9554
*TH: Townhomes, C: Condo
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information. 93
4 YOUR HOME DEVELOPMENTS Sweet Life Condos 647-351-5440 • from $200,000 34 10E5 VANDYK COMMUNITIES Backyard Neighbourhood Condos backyardcondos.com from $250,000 58 24G13 OPEARL DEVELOPMENTS Sail Condominiums sailcondos.ca • from $394,000 22 2C14 LAURIER HOMES Upper Beach Club upperbeachclub.com • from $290,000 77 2G14 MUTUAL DEVELOPMENTS Upper Beach Club upperbeachclub.com • from $290,000 77 2G18 MATTAMY HOMES Lago 416-495-3544 • from $744,000 Insert 25C27 GLOBAL KINGDOM MINISTRIES Trinity Ravine Towers 647-876-5433 • from $200,000 79 7D28 LIBERTY DEVELOPMENT CORP. Terrace on Danforth 416-987-7575 • from $278,000 31 2G55 TRIDEL CORPORATION Avani 2 At Metrogate 416-293-5535 • from $250,000 IFC 4C1 INSOHO DEVELOPMENTS Imagine Condos 416-367-7303 from $235,000 4F2 STANTON RENAISSANCE On The Go Mimico 647-692-8417 • from $200,000 23H3 LAURIER HOMES Elliot & Mackay Condominium elliotandmackay.com • 2G3 MUTUAL DEVELOPMENTS Elliot & Mackay Condominium elliotandmackay.com • 2G6 CONSERVATORY GROUP Altitude 416-321-1659 • from $230,000 25H8 TRIDEL CORPORATION Islington Terrace 416-645-8862 • from $250,000 23F8 TRIDEL CORPORATION Bloor Vista at Islington Terrace 416-645-8862 • from $250,000 23F9 WILKINSON DEVELOPMENTS Hunt Club Terrace 416-698-3020 • 2H10 LASH GROUP OF COMPANIES Cloud 9 Condominiums 416-747-0199 • from $240,000 22B10 CARTTERA Cloud 9 Condominiums 416-747-0199 • from $240,000 22B11 SCOLLARD DEVELOPMENT Guildwood 416-266-3655 • from $200,000 8F14 INFINITY DEVELOPMENTS Residences at The Hunt Club 416-699-1711 • from $300,000 2G16 CONCERT PROPERTIES The KIP District thekipdistrict.com • from $237,000 22F17 TIMES GROUP CORP. Key West Condominium keywesttorontocondo.com from $320,000 25H18 MATTAMY HOMES Lago 647-347-5930 • from $530,000 25C19 ICON HOMES Royal York Urban Towns 416-901-0206 • from $220,000 24H21 MENKES DEVELOPMENTS INC. Dwell City Towns 416-259-2525 • from $390,000 20F22 MENKES DEVELOPMENTS INC. Humber Mews 416-259-2525 • from $550,000 20H23 CITYCORE Harmony Village 416-493-0123 • 2C24 DAVIES SMITH Eleven Superior 416-259-8882 • from $311,000 24H26 GEMTERRA Joy Condos joycondos.com • from $220,000 4C30 TERRANATA DEVELOPMENTS INC. The Step 416-798-7070 • from $145,000 23B34 EDILCAN DEVELOPMENT CORP. Triumph at Valhalla 416-233-5554 • from $250,000 21F39 MATTAMY HOMES Waterscapes 416-495-3544 • from $400,000 26H44 TRIDEL CORPORATION West Village 416-620-1887 • from $386,000 20F50 PEMBERTON GROUP Vivid Condos 416-239-8200 • from $391,000 23F50 NORTH STAR HOMES Connexion at Islington northstarhomesinc.com • from $300,000 23F55 TRIDEL CORPORATION Avani At Metrogate 416-293-5535 • from $309,000 4C56 PHANTOM DEVELOPMENTS Jade Condominiums 416-762-8818 • from $305,000 25G61 VHL DEVELOPMENTS LTD. Haven On The Bluffs 416-2611-9555 • from $292,000 3E71 LASH GROUP OF COMPANIES Me Condos 416-430-0003 • from $250,000 8D
090-Condo_Maps&List.indd 4 2016-04-16 5:57 PM
Lakeshore
Blvd W
SpadinaA
ve
University
Ave
Avenue Rd
Jarvis St
Dufferin
Spadina Rd
Gerard St E
Cosburn AveO'Conner Ave
Laird Dr Victoria ParkCoxw
ell Ave
Woodbine
Ave
St Clair Ave E
Don
Valley
Parkway
DonVa
lley P
arkw
ay
DonVa
lley P
arkw
ay
Jane St
Keele St
Rogers Rd
Dufferin St
Vaughan RdEglinton Ave W
Eglinton Ave W
Weston Rd
Lakeshore
Blvd WQEWQEW
Landsdowne
Gardiner Expressway
10
360 1
415
8
58
wat
erfr
on
tmap
s: T
OR
ON
TO
A
B
C
D
E
F
G
H
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26
Toronto Waterfront
# Builder Site Telephone TH* C* Price Range Page Finder
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to 416-789-9554
*TH: Townhomes, C: Condo
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information.94
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
1 MENKES DEVELOPMENTS INC. Harbour Plaza 416-591-7700 • from $350,000 Insert 14F
15 THE DANIELS CORPORATION Lighthouse Tower at Daniels Waterfront 416-221-3939 • from $280,000 13 16F
18 URBAN CAPITAL RC3 416-862-0505 • from $220,000 35 16F
58 GREAT GULF Monde 416-466-8885 • • from $338,000 45 17E
60 CANALFA GROUP Liberty Central by the Lake Two 416-537-0047 • from $369,900 71 11F
4 TRIDEL CORPORATION Aqualina at Bayside Toronto 416-514-2710 • from $355,500 16E
4 TRIDEL CORPORATION AquaVista at Bayside Toronto 416-514-2710 • from $814,000 16E
8 CONCORD ADEX Spectra at Concord CityPlace 416-813-0999 • • 14F
10 GREAT GULF Twenty Lombard 416-499-8883 • from $543,000 16K
094-095-Waterfront Maps & List.indd 98 2016-04-16 5:59 PM
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
28
23
5
18
wat
erfr
on
tmap
s: G
TA
A
B
C
D
E
F
G
H
I
K
J
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26
Brampton
Torbram Rd
Goreway Dr
Dixie Rd
Bramalea Rd
McVean Dr
Clarkway Dr
Gore Rd
Bova
ird D
r.
Coun
trys
ide
Dr
Airport Rd
Winston Churchill Blvd
Wan
less
Driv
e/Co
nser
vatio
n Dr
Embleton Rd
Sand
alw
ood
Pkw
y
Que
en S
t W
Que
en S
t W
Main St N
East
Dr
Hwy 10
Stee
les A
ve W
Kennedy Rd S
McM
urchy Ave SHwy
7
Torbram Rd
Goreway Dr
Dixie Rd
Bramalea Rd
McVean Dr
Clarkway Dr
Gore Rd
Bova
ird D
r.
Coun
trys
ide
Dr
Airport Rd
Winston Churchill Blvd
Wan
less
Driv
e/Co
nser
vatio
n Dr
Embleton Rd
Sand
alw
ood
Pkw
y
Que
en S
t W
Que
en S
t W
Main St N
East
Dr
Hwy 10
Stee
les A
ve W
Kennedy Rd S
McM
urchy Ave SHwy
7
Mor
ning
Sta
r Dr
Drew
Rd
Derry
Rd
E
Airport Rd
Cour
tney
Par
k Dr
Brita
nnia
Rd
E
Kennedy Rd Tomken Rd
Mat
heso
n Bl
vd E
Eglin
ton
Ave
Brita
nnia
Rd
W
Hurontario St
Matheson Blvd E
Cere
mon
ial D
r
Central Pkwy E
Burn
ham
thor
pe R
d W
Rath
burn
Rd
EDun
das S
t E
Fieldgate Dr
The
Que
ensw
ay
Dixie Rd
QEW
Spea
kman
Dr
Sher
idan
Par
k Dr
Trus
cott
Dr
Lake
shor
e Rd
W
Roya
l Win
dsor
Dr
Que
en S
t W
Indian Rd
Cawthra Rd
Que
en S
t E
Ridgeway Dr
Colonial Dr
The
Colle
gew
ay
Erindale Station Rd
Mavis Rd
Wolfedale Rd
Winston Churchill Blvd
Rath
burn
Rd
W
Hurontario St10 Line Rd
Edenwood Dr
Derry
Rd
W
Millcreek Dr
Erin Mills Pkwy
Mississauga Rd
Erin Mills Pkwy
Creditview Rd
4 Line Rd
Burn
ham
thor
pe R
d W
Bronte Rd
6 Line Rd
Burn
ham
thor
pe R
d E
Dunda
s St W
Upper
Mid
dle
Rd
Tremaine Rd
Nottinghill Gate
9 Line Rd
Lake
shor
e Rd
E
4 Line Rd
Spee
rs Rd
Lake
shor
e Rd
W
Burloak Rd
Mac
Donal
d Rd
Kerr St
Trafalgar Rd
8 Line RdFord Dr
Devon Rd
Corn
wal
l Rd
Brid
ge R
d
410
401
QEW
QEW
403
401
403
25
Mississauga
11
6
912
Oakville
4
Etobicoke Waterfront
WhitbyWaterfront
East Gwillimbury
Bradford
Uxbridge
Scugog
Lindsay
Manvers
Newcastle
Georgina Island 33
AngusLisle
Everett
Lake Scugog
Bobcaygeon
Georgina
Sunnidale
VespraWasaga Beach
Mara
Orillia
Bracebridge
Schomberg
Tecumseth and Tottenham
Adjala
MonoShelburne
King
Essa
Tosorontio
Thornbury
Lake Si
mcoe
Cannington
Barrie
Georgian Bay
Midland Tay
Oro
OshawaWhitby
Alliston,
Beeton,
Hw
y 50Keswick
400
11
11
400
400
400
48
401
48
7
69
69
93
27
27
9
910
24
89
90
OakvilleWaterfront
Further North Waterfront
Mississauga Waterfront
# Builder Site Telephone TH* C* Price Range Page Finder
Attention Builders - Want to add your community to our maps? Need to update existing information? Please fax the details to 416-789-9554
*TH: Townhomes, C: Condo
Highlighted listings are advertised in this issue of Condo Guide. Please refer to page number for complete information. 95
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
18 MATTAMY HOMES Riva Del Lago 416-495-3544 • from $363,000 Insert 24C
28 EMPIRE COMMUNITIES Eau Du Soleil - Waterfront Condominiums 416-503-3328 • from $320,000 6–7 25B
2 STANTON RENAISSANCE On The Go 647-692-8417 • from $200,000 23C
3 DAVIES SMITH Eleven Superior 416-259-8882 • from $310,900 23C
5 DAVIES SMITH Hearthstone by the Bay 416-259-4466 • from $440,900 24C
6 SCOLLARD DEVELOPMENT CORP. Boathaus boathaus.ca • from $197,900 22I
11 MATTAMY HOMES Waterscapes 416-495-3544 • from $413,990 13B
6
6
094-095-Waterfront Maps & List.indd 99 2016-04-16 5:59 PM
905
reg
ion
alm
aps:
Bu
rlin
gto
n, B
ram
pto
n, M
issi
ssau
ga,
Oak
ville
, Fu
rth
er W
est,
Fu
rth
er N
ort
h A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26
Brampton
Mississauga
Oakville
Caledon
Bolton
Hurontario St
25th
Sid
eroa
d
Winston Churchill Blvd
1st Line W
Fork
s of t
he C
redi
t Rd
Bramalea Rd
Wal
ker R
d
4th Line
Heart Lake Rd
McLaughlin Rd
Bost
on M
ills R
d
10th
Side
road
Old
Sch
ool R
d
Heritage Rd
Mississauga Rd
Creditview Rd
Chinguacousy Rd
Heart Lake Rd
50
20th
Sid
eroa
d
Sixth Line
9th Line
10th Line
3rd Line2nd Line
5th Line4th Line
King
St E
Airport Rd
Torbram Rd
Goreway Dr
Dixie Rd
Bramalea Rd
McVean Dr
Clarkway Dr
Gore Rd
Bova
ird D
r.
Coun
trys
ide
Dr
Airport Rd
Winston Churchill Blvd
Wan
less
Driv
e/Co
nser
vatio
n Dr
Embleton Rd
Sand
alw
ood
Pkw
y
Que
en S
t W
Que
en S
t W
Main St N
East
Dr
Hwy 10
Stee
les A
ve W
Kennedy Rd S
McM
urchy Ave SHwy
7
Mor
ning
Sta
r Dr
Drew
Rd
Derry
Rd
E
Airport Rd
Cour
tney
Par
k Dr
Brita
nnia
Rd
E
Kennedy Rd Tomken Rd
Mat
heso
n Bl
vd E
Eglin
ton
Ave
Brita
nnia
Rd
W
Hurontario St
Matheson Blvd E
CC
nial
Dr
CC
niai
Cere
mon
ial D
r
Central Pkwy EBu
rnha
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orpe
Rd
W
Rath
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Rd
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t E
Fieldgate Dr
The
Que
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ay
Dixie Rd
QEW
Spea
kman
Dr
Sher
idan
Par
k Dr
Trus
cott
Dr
South
down R
d
Lake
shor
e Rd
WQ
ueen
St W
Indian Rd
Cawthra RdQ
ueen
St E
Ridgeway Dr
Colonial Dr
The
Colle
gew
ay
Erindale Station Rd
Mavis Rd
Wolfedale Rd
Winston Churchill Blvd
Rath
burn
Rd
W
Hurontario St10 Line Rd
Edenwood Dr
Derry
Rd
W
Millcreek Dr
Erin Mills Pkwy
Mississauga Rd
Erin Mills Pkwy
Creditview Rd
4 Line Rd
Burn
ham
thor
pe R
d W
Bronte Rd
6 Line Rd
Burn
ham
thor
pe R
d E
Dunda
s St W
Upper
Mid
dle
Rd
Tremaine Rd
Nottinghill Gate
9 Line Rd
Lake
shor
e Rd
E
4 Line Rd
Spee
rs Rd
Lake
shor
e Rd
W
Burloak Rd
Mac
Donal
d Rd
Kerr St
Trafalgar Rd
8 Line RdFord Dr
Devon Rd
Corn
wal
l Rd
Brid
ge R
d41
0
401
QEW
QEW
403
401
403
25
14
3
344
30
3
10
13
19
6
5
7
9
7
17
16
45
1
2
* Due to scale restrictions, locators are approxi-mate. Please see builder’s ads for exact locations.
East Gwillimbury
Bradford
Uxbridge
Scugog
Lindsay
Manvers
Newcastle
Georgina Island 33
AngusLisle
Everett
Lake Scugog
Bobcaygeon
Georgina
Sunnidale
Vespra
Wasaga Beach
Mara
Orillia
Bracebridge
Schomberg
Tecumseth and Tottenham
Adjala
MonoShelburne
King
Essa
Tosorontio
Thornbury
Lake Si
mcoe
Cannington
Barrie
Georgian Bay
Midland Tay
Oro
OshawaWhitby
Alliston,
Beeton,
Hw
y 50
Keswick
400
11
11
400
400
400
48
401
48
7
69
69
93
27
27
9
910
24
89
90
Key Maps
North
LAKE ONTARIOLAKE ONTARIO
HaldimandHaldimand
401
401
QEW
QEW
QEW
7
403
403
CAMBRIDGE
Puslinch
Guelph
Ayr
6
68
6
3
3
3
Oakville
Milton
BurlingtonCarlisle
Flamborough
ParisStoney Creek
Dundas
Grimsby
Port Dover
Glanbrook
Ancaster
West Lincoln
Virgil
Niagara-on-the-Lake
Beamsville Vineland
Port Dalhousie
Lincoln
Thorold
Chippawa
Scotland
St. George
Fonthill
Fort Erie
Welland
Nanticoke
New Credit
Dunnville Port Colborne
Halton Hills
HAMILTON
ST. CATHARINES
NIAGARA FALLS
BRANTFORD
To LONDON
MISSISSAUGA
BRAMPTON
1112 21
20
Key Maps
Further West
96
090-Condo_Maps&List.indd 5 2016-04-16 5:57 PM
90
5 r
egio
nal
map
s: B
url
ing
ton
, Bra
mp
ton
, Mis
siss
aug
a, O
akvi
lle, F
urt
her
Wes
t, F
urt
her
No
rth
# 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. 97
7 SYMMETRY DEVELOPMENTS Lake & East Condominium Residences lakeandeast.com • from $350,000 73 16S
12 SPALLACCI HOMES 101 Locke Condos 101lockecondos.com • 80 5N
21 VALERY HOMES Royal Connaught Phase II royalconnaught.com • from $300,000 81 5N
21 SPALLACCI HOMES Royal Connaught Phase II royalconnaught.com • from $300,000 81 5N
47 THE DANIELS CORPORATION ARC Daniels Erin Mills 905-306-6996 • from $220,000 15 17M
1 VANDYK COMMUNITIES The Craftsman craftsmancondos.com from $310,000 21N
2 THE DANIELS CORPORATION Olivia Marie Gardens 905-874-8880 • from $300,000 14K
3 CASTLERIDGE HOMES The Clairington 905-793-0002 • from $230,000 16E
3 PINNACLE INTERNATIONAL The Marquee Townhomes on the Park 905-568-9000 • from $720,000 20K
4 CONSERVATORY GROUP Mirage 905-232-2400 • from $260,000 20K
5 AMACON Block Nine 905-273-9333 • from $200,000 20L
6 MATTAMY HOMES The Residences of Creekshore Common mattamyhomes.com • from $406,000 14R
9 EMPIRE COMMUNITIES Senses Condominiums 905-845-7246 • from $195,000 17Q
10 AMACON The Residences at Parkside Village 905-273-9333 • 21K
11 ADI DEVELOPMENT GROUP Station West adidevelopments.com • from $390,000 5N
13 GREAT GULF The Chelsea 905-844-1605 • from $220,000 16P
14 PEMBERTON GROUP Rosedale Village Golf & Country Club 905-799-5000 • • from $204,000 13F
15 ADI DEVELOPMENT GROUP Link2 Condos+Lofts 905-592-2028 • from $225,000 5M
16 VANDYK COMMUNITIES Windows on the Green 905-822-3333 from $410,000 19N
17 PEMBERTON GROUP Downtown Erin Mills Condominiums 905-630-6300 • from $300,000 18M
17 PEMBERTON GROUP Downtown Erin Mills Condominiums Tower 2 905-603-6300 • from $300,000 18M
19 METROLY DEVELOPMENTS The 6ixth the6ixthtowns.com • from $300,000 16P
20 CARRIAGE GATE HOMES The Berkley Downtown Burlington theberkeleycondo.com • from $340,000 5M
30 PINNACLE INTERNATIONAL Pinnacle Grand Park 2 905-276-3981 • from $266,000 20L
30 PINNACLE INTERNATIONAL Pinnacle Grand Park 905-276-3981 • from $300,000 20L
34 PINNACLE INTERNATIONAL Pinnacle Uptown 905-568-9000 • from $200,000 19K
45 EMPIRE COMMUNITIES Rain Condominiums empirerainsenses.com • from $350,000 17Q
SEARCH ONLINEypnexthome.ca
090-Condo_Maps&List.indd 6 2016-04-16 5:57 PM
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Bloomington Sideroad
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17
# 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.
City ofPickering
Town ofAjax
Town ofWhitby
Town ofOshawa
401
401
401
16
Key MapsEast
98
1 LIBERTY DEVELOPMENT CORP. Cosmos Condominiums cosmoscondos.ca • from $250,000 30 6G
2 ROYAL PINE HOMES Hampton Place royalpinecondos.com • from $390,000 44 9C
9 PEMBERTON GROUP Indigo Condiminiums 905-553-1430 • from $420,000 Insert 9E
31 PEMBERTON GROUP Sky City 2 905-709-5700 • from $350,000 9 12F
32 45 CHARLES LTD. Royal Gardens 905-889-9997 • from $303,000 31 15F
43 G GROUP DEVELOPMENT/GUIZZETTI CORPORATION Grand Palace Phase I 905-907-4370 • 39 12E
43 G GROUP DEVELOPMENT/GUIZZETTI CORPORATION Grand Palace Phase II 905-907-4370 • from $250,000 39 12E
3 TRIBUTE COMMUNITIES Varley 905-604-1477 • from $550,000 19F
4 TRIDEL CORPORATION Renaissance of Richmond Hill 416-736-9500 • from $795,000 14E
5 LINDVEST Grand Cornell Brownstones in Markham 905-294-6161 from $340,000 23F
6 ARMOUR HEIGHTS DEVELOPMENTS The Sorrento 289-637-1777 • from $400,000 13B
8 WYVIEW GROUP Unionville gardens unionvillegardens.com • from $200,000 18F
10 GREAT LANDS CORP. The Beverly Hills Resort Residences 905-882-6636 • from $277,000 12E
11 DUKA DEVELOPMENTS Oggi Boutique Townhomes oggitowns.com • from $320,000 1G
13 LIBERTY DEVELOPMENT CORP. Legacy Park 905-731-8302 • from $300,000 10G
15 GERANIUM HOMES Pace on Main 905-591-1071 • from $340,000 10C
16 PODIUM DEVELOPMENTS University Studios universitystudios.ca • from $150,000 25 B
17 REMINGTON GROUP York Condos Downtown Markham 905-948-9900 • from $200,000 1&F
31 PEMBERTON GROUP Sky City 905-709-5700 • from $300,000 12F
32 SIGNATURE COMMUNITIES TAO Boutique Condos 905-597-2535 • from $364,000 15F
34 SIERRA HOMES 68 Main Street 905-305-0822 • from $250,000 21E
40 NOVA TRIMAX Allegra 905-850-6866 • from $200,000 1F
41 QUADCAM DEVELOPMENT GROUP INC Vista Parc Condominiums 905-850-8883 • from $200,000 3F
43 G GROUP DEVELOPMENT/GUIZZETTI CORPORATION Grand Palace 905-907-4370 • from $250,000 12E
44 LIBERTY DEVELOPMENT CORP. Centro Square Condos 905-851-8877 • from $333,000 5F
45 KYLEMORE COMMUNITIES The 6th Angus Glen 905-887-9950 • from $625,000 19E
* Due to scale restrictions, locators are approximate. Please see builder’s ads for exact locations.
090-Condo_Maps&List.indd 7 2016-04-16 5:58 PM
LIGHTHOUSE TOWER | DANIELS WATERFRONT
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101-Pemberton_ModelSuite_April2016.indd 101 2016-04-15 4:13 PM
Aragon Properties - Eighty One Wellesley Insert
Aspen Ridge Homes - Scenic on Eglinton 23
Aspen Ridge Homes - Studio on Richmond 23
Aspen Ridge Homes - The Jack 23
Baywood Homes - TEN93 Queen West 8
Bazis Inc. - No1 Yorkville 3
Brad J. Lamb Realty - James 59
Camrost - Felcorp - The Foxbar Collection at Blue Diamond 1
Canalfa Group - Liberty Central by the Lake Two 71
ComFree - Promo 100
Concord Adex - The Lakeshore 54-55
Cresford Development Corp. - CASA II IBC
Cresford Development Corp. - Corporate 104
Devron Developments - The Vanguard 75
ELAD Canada - Fifth on the Park 43
Empire Communities - Eau Du Soleil Waterfront Condominiums 6-7
Evertrust Development Group Canada Inc. - Upper Vista Condos 83
Family of magazines - Promo 99
First Avenue Properties - The Bennett on Bayview 67
G Group Development Corp - Ellie 37
G Group Development/Guizzetti Corporation - Grand Palace Phase I 39
G Group Development/Guizzetti Corporation - Grand Palace Phase II 39
Global Kingdom Ministries - Trinity Ravine Towers 79
Great Gulf - Monde 45
Great Gulf - One Bloor Residences 45
Great Gulf - Yonge+Richmond 45
Harhay Developments - 875 Queen East 63
Harhay Developments - One Eleven Condominiums & Lofts 65
Home + Style Studio Tour and Sale - E-News 60
Hyde Park - East Fiftyfive 57
Lamb Development Corp. - East Fiftyfive 57
Latch Developments - The Bennett on Bayview 67
Laurier Homes - Upper Beach Club 77
Liberty Development Corp. - Cosmos Condominiums 30
Liberty Development Corp. - Royal Gardens 31
Liberty Development Corp. - Terrace on Danforth 31
Liberty Development Corp. - The Village Residences 29
Liberty Development Corp. - World on Yonge 31
Lindvest - Sonic 51
Luxury Living Magazine - Promo 66
Madison Homes - 609 Avenue Road 61
Malibu Investments Inc. - Southside Residences at Gramercy Park 49
Mattamy Homes - J Davis House BC
Mattamy Homes - Lago Insert
Mattamy Homes - Riva del Lago Insert
Menkes Developments Inc. - 365 Church Insert
Menkes Developments Inc. - 87 Peter Insert
Menkes Developments Inc. - Fabrik Insert
Menkes Developments Inc. - Harbour Plaza Insert
Menkes Developments Inc. - Pears on the Avenue Insert
Menkes Developments Inc. - The Eglinton Yonge at Heart Insert
Mikey Young At Heart - Promo 74
Mutual Developments - Upper Beach Club 77
Opearl Developments - Sail Condominiums 22
Pemberton Group - Indigo Condiminiums Insert
Pemberton Group - Model Suite of the Month - U Towns 101
Pemberton Group - Sky City 2 9
Pemberton Group - TEN93 Queen West 8
Pinnacle International - The PJ 5
Plaza - Corporate 18-19
Rockport Group - George Condos+Towns 69
Royal Pine Homes - Hampton Place 44
Silvercreek Communities - The Residences of the Hotel McGibbon 85
Spallacci Homes - 101 Locke Condos 80
Spallacci Homes - Royal Connaught Phase II 81
State Building Group - 609 Avenue Road 61
Symmetry Developments - Lake & East Condominium Residences 73
The Daniels Corporation - ARC Daniels Erin Mills 15
The Daniels Corporation - Lighthouse Tower at Daniels Waterfront 13
Tridel Corporation - Artscape Salon 47
Tridel Corporation - Avani 2 At Metrogate IFC
Urban Capital - RC3 35
Valery Homes - Royal Connaught Phase II 81
Vandyk Communities - Backyard Neighbourhood Condos 58
Your Home Developments - Sweet Life Condos 34
YP Next Home - Promo 64
INDEX OF ADVERTISERS
102 YPNEXTHOME.CA
102 - Advertiser Index.indd 126 2016-04-16 5:59 PM
APR 23 - MAY 7, 2016 | NEW CONDO GUIDE 103 102 YPNEXTHOME.CA
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103 WhatsOnline-_MC-SB.indd 2 4/15/16 12:28 PMTCG 04-23-16 master.indd 103 2016-04-15 4:33 PM
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.
NEW RELEASE
Diamond Collection Suites
Starting from the mid $200’s*
Avani 2 Presentation Centre 52 Village Green Square, Scarborough 416.293.5535
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 artist’s concept only. Specifications subject to change without notice. E. &O.E. April 2016.
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.
NEW RELEASE
Diamond Collection Suites
Starting from the mid $200’s*
Avani 2 Presentation Centre 52 Village Green Square, Scarborough 416.293.5535
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 artist’s concept only. Specifications subject to change without notice. E. &O.E. April 2016.
CO
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Over the last four decades, Cresford has proudly shaped the dynamic skyline of Toronto, building iconic
landmarks in some of the city’s most sought-after locations. Cresford’s legendary design capabilities, signature
attention to detail and a� nity for high-fashion labels have produced one successful condominium after another. As
one of Toronto’s biggest and most trusted developers, Cresford prides itself on superior service, quality assurance,
a sense of security and the fi nest product on the market. Visit our Condominium Gallery at 170 Merton Street or call 416.485.3000 to arrange your private appointment.
STYLE. LOCATION. DESIGN. INSPIRE. PASSION. TRUST.
MO
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IN N
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CA
SA
ILLUSTRATIONS ARE ARTIST’S CONCEPT. E. & O.E.
LIMITED EDITION YONGE & BLOOR PENTHOUSES AT 42 CHARLES STREET EASTFROM $1,099,900
CALL FOR YOUR PRIVATE APPOINTMENT & EXPERIENCEYOUR BREATHTAKING VIEWS. 416.486.CASA(2272)
INTRODUCING THE
SIGNATURE PENTHOUSE COLLECTIONBY
MOVE IN NOW!
BROKERS PROTECTED. PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. ILLUSTRATIONS ARE ARTIST’S CONCEPT. E. & O.E.
CRES 46372 Condo Guide DPS 9 FA.indd All Pages 16-04-14 1:53 PM104-Cresford-Corp 04-23-16.indd 104 2016-04-15 10:53 AM
CO
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Over the last four decades, Cresford has proudly shaped the dynamic skyline of Toronto, building iconic
landmarks in some of the city’s most sought-after locations. Cresford’s legendary design capabilities, signature
attention to detail and a� nity for high-fashion labels have produced one successful condominium after another. As
one of Toronto’s biggest and most trusted developers, Cresford prides itself on superior service, quality assurance,
a sense of security and the fi nest product on the market. Visit our Condominium Gallery at 170 Merton Street or call 416.485.3000 to arrange your private appointment.
STYLE. LOCATION. DESIGN. INSPIRE. PASSION. TRUST.
MO
VE
IN N
OW
CA
SA
ILLUSTRATIONS ARE ARTIST’S CONCEPT. E. & O.E.
LIMITED EDITION YONGE & BLOOR PENTHOUSES AT 42 CHARLES STREET EASTFROM $1,099,900
CALL FOR YOUR PRIVATE APPOINTMENT & EXPERIENCEYOUR BREATHTAKING VIEWS. 416.486.CASA(2272)
INTRODUCING THE
SIGNATURE PENTHOUSE COLLECTIONBY
MOVE IN NOW!
BROKERS PROTECTED. PRICES AND SPECIFICATIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE. ILLUSTRATIONS ARE ARTIST’S CONCEPT. E. & O.E.
CRES 46372 Condo Guide DPS 9 FA.indd All Pages 16-04-14 1:53 PM
16-0307_JDAVISHOUSE_CONDOGUIDE_APR9_FP_FINAL_OL.pdf 1 4/1/16 1:57 PM
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